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Three Rivers board unanimously moves $1.03 million from Radke Trust into district investment account
Summary
The Three Rivers Community Schools Board voted 5-0 to transfer $1,029,510.52 from the closed Radke Trust account into the district’s MILAF investment account after Superintendent Nikki Nash summarized the trust history and answered board questions.
The Three Rivers Community Schools Board of Education voted unanimously July 14 to move $1,029,510.52 from the Radke Trust into the district’s MILAF investment account (ending in 3019).
Superintendent Nikki Nash provided a brief history of the Radke Trust and answered questions submitted by Member Linda Baker before the board voted. Member Ross Daniels made the motion to transfer the full trust balance, and Member Amanda Allen supported it; the roll-call vote was 5-0 in favor.
Board members discussed the mechanics of the transfer and the resolution language; the minutes record that questions from Member Baker were addressed by Nash but do not include substantive dissent or alternate proposals. The transfer was presented as a one-time movement of the remaining trust funds into the district investment account following closure of the trust.
The action was part of a slate of fiscal and administrative motions the board approved that evening, all by unanimous vote. The district’s minutes list the transfer amount and the receiving MILAF account identifier but do not record additional restrictions or intended uses for the transferred funds.
