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HomeMy WebLinkAbout1989-51 Designating Center Bank as a Depository for the Funds of the Town4 RESOLUTION ND. 51 Series of x.989 A RESOLUTION DESIGNATING Center Bank, 60 N. Main Street, Waterberry, CT 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 Center Bank 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. Center Bank 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 Tawn of Vail at Center Bank. When an account with Center Bank 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. INTRDDUCED, READ, APPROVED AND ADOPTED this Pamela A. Brandmeyer, Town Clerk 18th day of Ju1v. 1989 - A,~ i~~/ V 11~~~ Kent ose, Mayor