005.97
RESOLUTION DESIGNATING OFFICIAL BANKS
RESOLUTION NO.: 5, 1997
INTRODUCED BY: Mrs. Betty Monahan
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Theodore Turner
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 1997:
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 6th day of January, 1997, by the following
vote:
AYES : Mrs. Goedert, Mrs. Monahan, Mr. Turner, Mr. Champagne
NOES : None
ABSENT: Mrs. Pulver