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Board approves November and December financial reports; asks banks for 6- and 12-month committed CD rates
Summary
The board approved two months of financial reports and voted to ask banks to commit to 6- and 12-month rates for an approximately $1.2 million maturing CD so the utility can compare consistent offers; motion to request commitments carried.
The Water and Sewer Board approved the November and December 2025 financial reports and moved to seek firm rate commitments from local banks for a near-term Certificate of Deposit maturity.
The chair introduced two sets of financial reports — noting December’s packet covered both months because the board had not met in December — and the board…
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