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HomeMy WebLinkAboutRes 04-43 Closing Checking Accounts with Frost Bank and Bank One and Opening an Account with Bank OneTOWN OF WESTLAKE RESOLUTION NO. 04-43 A RESOLUTION OF THE TOWN OF WESTLAKE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS, AUTHORIZING THE CLOSING OF THE TOWN'S CHECKING ACCOUNTS WITH FROST BANK; CLOSING THE MUNICIPAL AND ENTERPRISE CHECKING ACCOUNTS WITH BANK ONE; AND OPENING A PAYROLL ACCOUNT WITH BANK ONE. WHEREAS, the Town of Westlake Board of Aldermen authorized the Town Manager to enter into a depository Agreement with Bank One on June 23, 2003; and WHEREAS, all opening and closing of bank accounts must be authorized by the Board of Aldermen. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That the Board of Aldermen of the Town of Westlake does hereby authorize the closing of the Town's checking Accounts with Frost Bank; closing the Municipal and Enterprise checking accounts with Bank One; and opening a Payroll Account with Bank. SECTION 2: That this Resolution shall become effective upon the date of its passage. PASSED AND APPROVED ON THIS 23rd DAY OF AUGUST 2004. ATTEST: Z6., -) ding—elhiosswy, Town S&retary APPROVE AS TO FORM: fl-; L. Stanton wn Attorney 10 Scott Bradley, Mayor Trent O. Petty, T Manager