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Hamilton City Council approves lines-of-credit, CD renewal and several administrative items
Summary
The council renewed a $900,000 line of credit with First National Bank, approved a 12‑month CD renewal, extended a website maintenance agreement and ratified a previous purchase of a bucket truck in the minutes.
Hamilton City Council approved several administrative and financial items on the agenda, including review/renewal of a $900,000 line of credit with First National Bank, renewal of a certificate of deposit, extension of a website maintenance agreement and a retroactive minutes entry confirming an earlier bucket truck purchase.
On the line of credit, the council reviewed the city's $900,000 agreement with First National Bank, used to bridge funds…
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