005.98
RESOLUTION DESIGNATING OFFICIAL BANKS
RESOLUTI0N NO. 5.98
INTRODUCED BY: MR. THEODORE TURNER
WHO MOVED FOR ITS ADOPTION
SECONDED BY: MR. DOUGLAS IRISH
RESOLVED, that pursuant to §64, Subdivision 1, of the Town Law
of the State of New York, the following be and they hereby are
designated depositories for the funds of the Town of Queensbury for
the fiscal year 1998
Chase Manhattan up to $100,000.
Evergreen up to $50 million
Glens Falls National Bank and Trust Company up to $50 million
Key Bank of New York up to $100,000.
Fleet Bank up to $100,000.
Trustco Bank New York up to $100,000.
and
BE IT FURTHER,
RESOLVED, that authority be and hereby is delegated to the
Town Supervisor to determine the accounts and the amounts to be
deposited in each bank.
Duly adopted this 1st of January, 1998 by the following vote:
AYES : Mr. Merrill, Mr. Turner, Mr. Irish, Mr. Tucker, Mr.
Champagne
NOES : None
ABSENT: None