sc-82-18 1c82 lt 1? - Georgina Electronic-records Management ...

9sc-82-15Speclal CouncllMinutes-9-1982 09 16.12. OTHER MOTIONS (Contd.Counclllor ShepherdReg-Councillor McleanTHAT whereas the Canadian ImperlalBank of Commerce, Pefferlaw Branclr,has served notice that it irrEends torestr:ict hours of business, startingOctober 18th, 1982, from5 days a weekto 2 days a week, with Tuesdays fromthe hours of lO a.m. to 3 p.m. andFrldays from the hours of i p.m. to6 p.m. remaining open;AND WHEREAS the Bank is notifying aIItheir customers , that during thesehours it shall remain open for chequecashing only and all actounEs willaufomatically be fransferred to theirCannlngton, Ontario Branch, which islocated outside of Georgina Townshl-p IAND WHEREAS there is a serious concernwith the Businesses and oublic sector.that, although a cheque may be cashedat this branch, any account has beentransferred to another bank;AND I^IHEREAS, ttre bank's decislon tcrestrict hours of business and thertrestrict any busirress Eo cheque cashlngonly is an indication f,hat the CanadianImperlal Bank of Commerce contemplatesa final close down;AND WHEREAS there has been a maicrr'ltvof persons trarrsfer their accouics rbother areas, subsequent to the bank'snoti.fication;THERIIFORE, BE IT RESOLVED TltATr rheCouncil of the Townshtp of Georginasupport$ fhe transfer of its accountsto any Bank, Trust Company or CreditUnion whi.ch wishes to establlsh lnPefferl-aw on a full banking weekbasis, (or preferably the exisEingbank), and the Chief Administ,rat,iveOfficer immediately cornniencenegotiations in order to bring aboutsatisfacEorv conclusions uoon theundertaking Ehat the lending orbanking institution selecfed beprepared to meet all nsssssary bankingrequirements of the Municipality.Carrled .10. . . .tfti;