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HomeMy WebLinkAbout1989-45 Designating East Bank NA as a Depository for the Funds of the TownRESOLUTION NO. 45 Series of 1989 A RESOLUTION DESIGNATING East Bank NA, 235 Canal Street, New York, New York, 10013 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 ar financial institutions as depositories fox funds of the Town and WHEREAS, the Town wishes to designate East Bank NA 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. East Bank NA 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 yr checking accounts in the name of the Town of Vail at East Bank NA. When an account with East Bank NA is liquidated, a check shall be made tv 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 18th day of Julv, 1989 ~~~ Pi~'Uf V~~t~~~~~ Kent Rose, Mayor A EST ~ ~~ C~?~L.L•It.U-J Pamela A. Brandmeyer, Town Clerk