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HomeMy WebLinkAbout1989-36 Designating Brentwood Square Savings and Loan as a Depository for the Funds of the TownRESOLUTION NO. 36 Series of 1989 A RESOLUTION DESIGNATING Brentwood Square Savings and Loan, 11661 San Vicente, Suite 500, Los Angeles, CA, 90049 AS A DEPOSITORY FOR THE FUNDS OF THE TOWN AS PERMITTED BY THE CHARTER OF THE TOWN, ITS ORDINANCES, AND THE STATUTES OF THE STATE OF COLORADO WHEREAS, the Town has the power to designate banks or financial institutions as depositories far funds of the Town and WHEREAS, the Town wishes to designate Brentwood Square Savings and Loan as a depository for funds of the Town. NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Vail, Colorado, as follows: 1. Brentwood Square Savings and Loan is hereby designated as a depository for the funds of the Town of Vail. 2. Charles Wick, the Director of Administrative Services of the Town of Vail, or his successor, and Steve Thompson, Financial Controller of the Town of Vail, or his successor, are hereby authorized to open any deposit or checking accounts in the name of the Town of Vail at Brentwood Square Savings and Loan. When an account with Brentwood Square Savings and Loan is liquidated, a check shall be made to the Town of Vail and mailed to 75 S. Frontage Road, Vail, Colorado 81657. 3. This Resolution sha11 take effect immediately upon its passage. INTRODUCED, READ, APPROVED AND ADOPTED this 18th day of 3u~v. 19$9 ATT T:Uri.,al,+~.1 rLlt~ tle.,.~ Pamela A. Brandmeyer, Town Clerk Kent Rose, Mayor