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HomeMy WebLinkAbout1989-52 Designating First Capital Bank as a Depository for the Funds of the Townf RESOLUTION NO. S2 Series of 1989 A RESOLUTION DESIGNATING First Capital Bank, P» O. Box 528, Concord, NH, 03301 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 First Capital Bank as a depositary for funds of the Town. NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Vail, Colorado, as follows: 1. First Capital Bank is hereby designated as a depositary for the funds of the Town of Vail. 2. Charles Wick, the Director of Administrative Services of the Town of Vaii, 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 First Capital Bank. When an account with First Capital 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. INTRODUCED, READ, APPROVED AND ADOPTED this 1$th day n~ Ju~v. tQRq Kent Rose, Mayor ATT T: Pamela A. Brandmeyer, Town Clerk