Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Wayzata Public School District board approves Pershing LLC as official depository
Summary
At a special regular meeting, the Wayzata Public School District Board of Education approved adding Pershing LLC to its list of official depositories; the motion passed by voice vote with three members present voting yes and one member absent.
The Wayzata Public School District Board of Education approved adding Pershing LLC to its list of official depositories at a special regular meeting. The board voted in favor by voice vote; three members present voted yes and one member was recorded absent.
District staff presented a recommendation to add Pershing LLC and other firms listed in the meeting materials to the district's official depositories. A motion to approve the recommendation was moved and seconded and, after no recorded discussion, carried on the voice vote of members present.
The approval authorizes the district to use the named firms for holding or custodial services for district funds as listed in the meeting packet. The transcript of the meeting includes a staff presentation recommending approval and a subsequent motion and second; the staff speaker and the motion's mover and seconder are not clearly identified in the recorded text.
After the vote on depositories, the board took a procedural motion to adjourn and the meeting was closed. No additional substantive items or public-comment-driven policy actions were recorded in the provided transcript excerpt.
