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Treasurer reports investment gains; county to complete online sale of 22 remaining foreclosed lots Oct. 31
Summary
Berrien County Treasurer reported the county's METR-managed investment portfolio rose in value to about $58.37 million from an initial $55 million investment; county sale of tax-forfeited lots has 22 remaining parcels with the final online sale set for Oct. 31.
Treasurer Tilly White told the board during the Sept. 11 finance report that the county’s investment account overseen by a Lansing-based manager (referred to in committee as METR) began with a $55,000,000 placement and had a reported value of $58,365,799.83 as of Aug. 31.
White said the county is reviewing further options to increase returns and that the treasurer’s office will continue outreach to townships and city residents to…
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