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HomeMy WebLinkAbout790971 RESOLUTION RE: AUTHORIZATION TO DESIGNATE THE STATE BANK OF PLATTEVILLE AND THE UNION COLONY BANK AS ADDITIONAL 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, the Colorado Revised Statutes, 1973, Section 30-10-708 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 princi- pal offices in this state, or in compliance with the provisions of article 47 of title 11, C.R. S. 1973, savings and loan associa- tions having their principal offices in this state which have theretofore been approved and designated by written resolu- tion duly adopted by a majority vote of the board of county commissioners, which shall be entered in the minutes. " WHEREAS, the State Bank of Platteville and the Union Colony Bank adequately qualify as depositories of Weld County funds, and WHEREAS, the Board of County Commissioners of Weld County, Colorado deems it in the best interests of Weld County to designate the State Bank of Platteville and the Union Colony Bank as additional depositories for Weld County funds. NOW, THEREFORE, BE IT RESOLVED by the Board of County Com- missioners of Weld County, Colorado that the State Bank df Platteville and the Union Colony Bank be, and hereby are, designated as depositories for the funds of Weld County. BE IT FURTHER RESOLVED by the Board that the County Treasurer, Francis M. Loustalet, is authorized and instructed to secure said deposits according to law as stated in the Colorado Revised Statutes, 1973, Section 30-10-708. The above and foregoing Resolution was, on motion duly made 790971 27 and seconded, adopted by the following vote on the 11th day of June, A.D. , 1979. BOARD OF COUNTY COMMISSIONERS ELD COUNTY, COLORADO g ' uli ce ATTEST: Qk"' '-" " Weld County Clerk and Recorder a clerk to the BoarA Iputy County 'rk A/PPP VV AS TO FORM67 County Attorney DATE PRESENTED: JUNE 13, 1979 OFFICE OF THE COUNTY TREASURER PHONE (303)3564000 EXT. 452 P.O. BOX 458 GREELEY,COLORADO 80632 1111pC. COLORADO June 6, 1979 Honorable Board of County Commissioners: RE: Resolution designating depositories for the funds of Weld County, Colorado Please furnish the County Treasurer with a resolution designating the State Bank of Platteville, Platteville, Colorado and the Union Colony Bank, Greeley, Colorado as depositories for the funds of Weld County, Colorado. Very truly, Francis M. Lousta Weld County Treasurer FML/jls Hello