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Cedar Creek trustees approve routine business, fund move and several contracts
Summary
At its June 18 meeting, the Cedar Creek Board of Trustees approved minutes and financial reports, authorized several small contracts and voted to transfer matured CD funds into the NE CLASS investment account while leaving $50,000 in operating cash.
The Cedar Creek Board of Trustees met June 18 and approved routine minutes, the treasurer's report and a series of small motions that keep village operations moving.
The board approved the minutes from the May 21 regular meeting and accepted the treasurer’s report covering May 22–June 18, 2024, which listed account balances (checking $315,401.86; Keno $179,419.73; money market $99,376.89; debt service $151,295.76) and vendor claims. The approvals were carried by roll call votes with trustees Prescott, Richardson and Fuxa recorded as Aye; trustees Peacock and Bruckner were absent for recorded votes.
Other motions approved during the meeting included paying $800 for a seal-coating estimate, approving a Frontier Coop “Full Prepaid Price Plan” (no payment due because of an existing credit), and amending permit #780 for Bill Cox. The meeting record shows motions were made and seconded, and roll-call votes recorded Aye votes by Prescott, Richardson and Fuxa on those items.
The board also voted to transfer most funds from a matured certificate of deposit into the NE CLASS fund while leaving $50,000 in the operating account; Richardson moved the measure and Prescott seconded. The minutes record the motion as approved by the same trio of Aye votes.
The meeting adjourned at 8:10 p.m. The roll call recorded Fuxa and Prescott as Aye and Peacock and Bruckner as absent; the minutes list Richardson as absent on the adjournment roll call despite multiple earlier recorded votes with Richardson present (the minutes contain this inconsistency).
