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Participants plan to use Special Fund 85 for historical restoration; longer-term investment discussed
5522123 · July 31, 2025
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Summary
Staff proposed transferring money into Special Fund 85 for historical restoration and discussed a 7-year investment projection that would add about $31,000 on a $50,000 principal; the group agreed to wait until next year to make the transfer.
Participants discussed using a preexisting Special Fund 85 to hold money for historical restoration and reviewed an illustrative multi-year investment outcome. "There is a general fund, I mean, a special fund 85 where you can, transfer money to that for the historical…
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