HomeMy WebLinkAboutRESOLUTION Housing Authority 2-95RESOLUTION 2 -9 5
A RESOLUTION TO APPOINT SIGNATORIES FOR THE ESTES PARK HOUSING
AUTHORITY (EPHA) CHECKING ACCOUNT AND INVESTMENT POLICY FOR THE
EPHA.
WHEREAS, the EPHA has determined a need to have a bank account to pay costs
incurred; and
WHEREAS, the EPHA Board has determined to appoint Monte L. Vavra, Finance
Officer of the Town of Estes Park, to sign checks, invest excess funds, and keep the accounting
records; and
WHEREAS, the EPHA Board has determined to have the Chairman sign or use a
facsimile stamp on all checks.
NOW, THEREFORE, BE IT RESOLVED BY THE EPHA BOARD:
1. That the Chairman (currently H. Bernerd Dannels) and Monte L. Vavra be appointed
as signatories on the EPHA checking account.
2. That Monte L. Vavra be designated as the individual to invest any excess EPHA
funds as determined to any of the following:
(a) In state banks and/or national banks having their
principal office in Colorado. Accounts in Authority
name.
(b) In direct obligations of the United States government.
Held in the name of the Authority.
(c) Colotrust, CSAFE, Colorado Diversified Trust or other
investment pools authorized to conduct business in the
State of Colorado. Securities held in investment pool's
name.
3. That Monte L. Vavra is approved to keep all financial records and process all
accounting transactions for the EPHA.
ADOPTED this 13th day of June, 1995.
Chairman
ted/L
Secretary