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Conroe Local Government Corporation updates deposit-account signatory rules after initial motion fails
Summary
The Conroe Local Government Corporation (CLGC) initially saw a motion to update a deposit account control agreement fail for lack of a second; after reconvening the CLGC later in the meeting the board approved a revised signatory structure allowing four authorized signers in two paired groups.
A proposed update to the Conroe Local Government Corporation's deposit account control agreement initially failed for lack of a second during a CLGC session Jan. 23 but was approved after the CLGC reconvened later in the meeting.
During the first CLGC call at about 9:37 a.m., a motion to approve an updated signatory and notice…
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