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HomeMy WebLinkAbout1989-54 Designating Westside Savings & Loan as a Depository for the Funds of the Townrr r RESOLUTION NO. 54 Series of 1989 A RESOLUTION DESIGNATING Westside Savings & Loan, gala Wellshire Blvd., Santa Monica, CA, 9a4a3 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 Westside Savings & Loan as a depository for funds of the Town. NOW, THEREFORE, BE TT RESOLVED by the Town Council of the Town of Vail, Colorado, as follows: 1. Westside Savings & Loan 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 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 Westside Savings & Loan. When an account with Westside Savings & Laan is liquidated, a check shall be made to the Town of Vail and mailed to 75 S. Frontage Road, Vail, Colorado 81557. 3, ,This Resolution shall take effect immediately upon its passage. INTRODUCED, READ, APPROVED AND ADOPTED this 15th day of August, 1989 Pamela A. Brandmeyer, Town Clerk 1~~ia-s Kent Rose, Mayor