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EDC approves prior minutes and accepts November financial statements
Summary
The Economic Development Corporation unanimously approved minutes from Oct. 2 and Dec. 4, 2025, and accepted financial statements through Nov. 30, 2025, showing total cash of $929,000 and net worth of $960,000; the board approved a $25,000 transfer into a Texas‑class investment to chase higher interest.
The Economic Development Corporation voted unanimously to approve its Oct. 2 and Dec. 4, 2025 meeting minutes and accepted the financial statements for the period ending Nov. 30, 2025.
During a presentation to the board, Fred reviewed the statements: total cash of $929,000 and net worth of $960,000. He reported November…
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