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Evansville City Land Bank approves August financials, directs reinvestment of matured CD
Summary
The Evansville City Land Bank approved its August financial statements, ratified an email contract for asbestos inspections, and voted to follow staff guidance on reinvesting a recently matured $50,000 CD, while maintaining liquidity for operating needs.
The Evansville City Land Bank Board approved its August 2024 financial statements and directed staff to follow the treasurer’s recommendation for reinvesting a recently matured certificate of deposit.
Jessica, a board staffer, summarized the financial report, saying the income lines reflect monthly installments from the city and that interest income had been added by Adam Moore. She listed routine and one-off…
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