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Harwood council votes to move city accounts to Bank North
Summary
At its April 7 meeting, the Harwood City Council voted to transfer the city's banking from First International Bank to Bank North after a presentation by Shane Husar, CFO of Bank North. The motion passed unanimously.
The Harwood City Council voted April 7 to transfer the city's accounts from First International Bank to Bank North following a presentation of the bank's proposal.
Shane Husar, identified in the meeting as CFO of Bank North, reviewed the bank's proposal to handle the city's funds. Council member Chris Higgins moved to approve the transfer; Dick Sundberg seconded. The motion passed on a voice vote with all members present voting aye.
Council did not record additional conditions or a timeline for the transfer during the meeting. The vote implements the council's direction to change banking institutions; city staff will proceed with the administrative steps required to move funds and accounts.
The council also conducted other routine business at the April 7 meeting, including approval of building permits, a final Community Center payment and renewal of a fireworks contract.
