HomeMy WebLinkAbout1989-41 Designating Pioneer Federal Savings and Loan as a Depository for the Funds of the TownRESOLUTION N0, 41
Series of 1989
A RESOLUTION DESIGNATING Pioneer Federal
Savings and Loan, P. O. Box C-9000, Chester,
VA, 23831 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 for funds of
the Town and
WHEREAS, the Town wishes to designate Pioneer
Federal 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. Pioneer Federal 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
Pioneer Federal Savings and Loan. When an account with
Pioneer Federal 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 shall take effect immediately
upon its passage. INTRODUCED, READ, APPROVED AND ADOPTED
this i8th day of July, 1989 .
Kent Rose, Mayor
AT ST•
Pamela A. Brandmeyer, Town Clerk