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HomeMy WebLinkAbout20112797.tiff RESOLUTION RE: APPROVE DESIGNATION OF CERTAIN BANKS AS A DEPOSITORIES FOR WELD COUNTY FUNDS WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Section 30-10-708(1), C.R.S., as amended, states as follows: "In all counties of this state, the county treasurer shall deposit all the funds and moneys of whatever kind that come into his possession by virtue of his office, in his name as such treasurer, in one or more state banks, national banks having their principal offices in this state . . . which have theretofore been approved and designated by written resolution duly adopted by a majority vote of the board of county commissioners, which shall be entered into its minutes...", and WHEREAS, Section 11-4(1) of the Home Rule Charter for Weld County, Colorado, states as follows: "The County Treasurer shall, with prudence, deposit available funds in accordance with the statutes of the State of Colorado giving preference to Weld County financial institutions," and WHEREAS, the Board of County Commissioners, by and through various resolutions, has designated a list of banks, and savings and loan associations as depositories for the funds of Weld County, and WHEREAS, the Weld County Treasurer has recommended the addition of FirstBank of Greeley, 4322 West 9th Street Road, Greeley, Colorado 80634, to said list, which completes the list of banks as depositories for the funds of Weld County, to be the following: Wells Fargo Bank US Bank FirstBank of Greeley Bank of Colorado Colorado East Bank & Trust Adams Bank and Trust Cache Bank and Trust Colorado Community Bank First Farm Bank Great Western Bank JPMorgan Chase Bank New West Bank Points West Community Bank CC. F I N T c;t 2011-2797 TR0026 \1- 2. -11 RE: APPROVE DESIGNATION OF CERTAIN BANKS AS A DEPOSITORIES FOR WELD COUNTY FUNDS PAGE 2 NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that FirstBank of Greeley be, and hereby is, designated as an additional depository for the funds of Weld County, which list to date consists of that set forth above. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 24th day of October, A.D., 2011. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: 64. C-w— :441- 7(-t.� Barbara Kirkmeyer/Chair / Weld County Clerk to the Board an P. Conway, Pro-Tem BY:Deputy y Cl?l to the Boar.` ar 1a avid E. Long ounty Attorney Dougla ademacher Date of signature: 11- /- / / 2011-2797 TR0026 Hello