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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