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HomeMy WebLinkAbout1986-29 Designating the Avon National Bank as a Depository for the Funds of the TownRESOLUTION N0. 30 Series of 1986 A RESOLUTION DESIGNATING THE EMPIRE SAVINGS, BUILDING AND LOAN ASSOCIATION 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 Empire Savings, Building and Loan Association as a depository for the funds of the Town. NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Vail, Colorado, as follows: 1. Empire Savings, Building and Loan Association 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 Richard Parzonko, 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 the Empire Savings, Building and Laan Association. 3. This Resolution shall take effect immediately upon its passage. INTRODUCED, READ, APPROVED AND ADOPTED this 2nd day of December, 1986. r_ I~ .... r ~ i ~{~ ~L'~i4 Paul R. Johns n, MayorL~ ATTEST: Pamela A. Brandmeyer, To Clerk