HomeMy WebLinkAbout1988-38 Authorizing TOV to Rent a Safe Deposit Vault at the First Bank of VailRESOLUTION N0. 38
Series of 1988
A RESOLUTION AUTHORIZING THE TOWN OF UAIL TO RENT A SAFE
DEPOSIT VAULT AT THE FIRSTBANK OF UAIL AND AUTHORIZING
CERTAIN OFFICERS TO SIGN A LEASE THEREFOR, TO TERMINATE
THE LEASE, TO SURRENDER THE BOx, RETURN THE KEYS, AND
RELEASE THE BANK FROM ANY LIABILITY IN CONNECTION THEREWITH.
WHEREAS, the Tawn has the power to rent safe deposit boxes in financial
institutions; and
WHEREAS, the Town wishes to rent a safe deposit box at the FirstBank of Vail.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL,
COLORADO, as follows:
1. Ron Phillips, or his successor as Town Manager, and Charles Wick, or his
successor as Administrative Services Director, are hereby a
deposit box in the FirstBank of Vail safe deposit vault and
Town a lease therefor, to terminate the lease, to surrender
keys, and release the bank from any liability in connection
this authorization is access to such box and control of the
above named officers.
uthorized to rent a safe
to sign on behalf of the
the box, return the
therewith. Included in
contents thereof by the
2. At least one of the authorized officers set forth above shall be present
whenever access is had to the box and shall sign whatever application for access may
be required by the bank as a prerequisite to granting access to said box.
3. This authorization shall remain in effect until and unless the bank is
notified otherwise by the Town.
INTRODUCED, READ, APPROVED AND ADOPTED this 18th day of October
1988.
Kent R: Rose, Mayor '
ATTEST:
w,Gv~. ~~2t~u.LU1~/
Pamela A. Brand~neyer,' Town Clerk