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Board discusses short-term CD options; authorizes sending tank-painting specs to state
Water and Sewer Utility Board · February 25, 2026
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Summary
Board members reviewed certificate-of-deposit (CD) offers and favored a short-term (7-month) approach to revisit rates; the board also approved a motion to send tank-painting specifications to the state for procurement/approval.
Board members reviewed investment options and approved staff authority to send tank-painting specifications to the state.
Speaker 3 summarized responses from three banks and said the information and a spreadsheet were included in the meeting packet: "I included all of them in your packet as well as a…
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