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EPURA RESOLUTION 296
(3RESOLUTIONNO.296ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYAPPROVINGBANKINGAGREEMENTWITHTHEBANKOFCOLORADOWHEREAS,theBoardofTrusteesoftheTownofEstesParkhasdeterminedthatitisinthebestinterestoftheTowntoenteriiitoanagreementwiththeBankofColoradoforthepurposeoforiginationofAutomaticClearingHouse(ACH)creditJdebittransactionsunderthetermsandconditionsoftheACHOriginationAgreementbetweentheTownandtheBankofColorado;andWHEREAS,saidAgreementprovidesonScheduleAforasecurityprocedureagreementwhichauthorizescertainTownemployeestoinitiatetransferspursuanttothetermsandconditionsoftheACHOriginationAgreement,including,butnotlimitedto,confirmationandcancellationoftransfers;andWHEREAS,itisthepracticeoftheEstesParkUrbanRenewalAuthority(EPURA)tousethesamebankastheTown,forthesakeofconvenienceandconsistency.NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheBoardherebyendorsestheACHOriginationAgreementbetweentheTownofEstesParkandtheBankofColoradoandauthorizestheChairmanandSecretarytoexecutetheappropriatedocumentstoapplythisagreementtoallregularEPURAbankingactivities,theexceptionbeingtheBondTrusteeServicesoftheBankofCherryCreek.ADOPTEDthis20thdayofJune,2001.ESTESPARKURBANRENEWALAUTHORITYyChairman/ATTEST:SecretarY/