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HomeMy WebLinkAbout1989-44 Designating Monadnock Bank as a Depository for the Funds of the TownRESOLUTION NO. 44 Series of 1989 A RESOLUTION DESIGNATING Monadnock Bank, P. O. Box 308, Jaffrey, NH, 03452 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 Monadnock Bank as a depository for funds of the Town. NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Tawn of Vail, Colorado, as follows: Monadnock Bank is hereby designated as a depository far 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 successar, are hereby authorized to open any deposit or checking accounts in the name of the Town of Vail at Monadnock Bank, When an account with Monadnock Bank is liquidated, a check shall be made to the Town of Vail and mailed to 75 S. Frontage Road, Vail, Colorado 81b5`7. 3. This Resolution shall take effect immediately upon its passage. INTRODUCED, READ, APPROVED AND ADOPTED this ~ 18th day of July, 1989 ATT ST : ~ ~~ , , j Pamela A. Brandmeyer,-Town Clerk Kent Rose, Mayor