In a recent government meeting, the board approved several key items, including a significant resolution to designate the city of Bartlett as a Purple Heart City, honoring veterans who were wounded or killed in combat. The resolution, spearheaded by Mayor Terry Adams in collaboration with the Mid South Veterans League, aims to recognize the contributions of veterans and align Bartlett with over 900 cities across the United States that hold this designation.
During the meeting, the board also addressed a consent agenda that included three items. Notably, item number three, which involved the approval of banking services with First Horizon Bank and investment services with Pinnacle, was removed for separate discussion. The board confirmed that this contract would be for a four-year term, adhering to state regulations requiring a request for proposals (RFP) every four years. The discussions highlighted the importance of prudent financial management, with board members emphasizing the need to maximize interest on idle cash while maintaining flexibility to move funds as necessary.
The board unanimously approved both the resolution to become a Purple Heart City and the banking services contract, reflecting a commitment to honoring veterans and ensuring responsible fiscal practices. The meeting concluded with the board moving forward to new business, indicating a proactive approach to governance and community engagement.