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Bar Harbor Bank and Trust representatives brief Winter Harbor on town investment accounts
Summary
Representatives from Bar Harbor Bank and Trust presented information about Winter Harbor’s investment accounts at the Sept. 8 Selectmen meeting; a resident requested copies of the bank documents and public comment cited a 16.6% rise in visitors to Schoodic Point.
Representatives from Bar Harbor Bank and Trust provided information to the Winter Harbor Selectmen about the town’s investment accounts and portfolio values during the Sept. 8 meeting. The minutes record that the bank’s representatives presented portfolio information and that at least one resident asked to receive the documents the bank provided.
P. Barto, speaking during public comment, said he attended an Acadia National Park meeting and reported that the park provided data showing a 16.6% increase in visitors to Schoodic Point this year. S. Fortin asked that the documents referenced by the bank be shared with the town and with interested residents.
The minutes identify the bank representatives by initials and names in attendance: J. Testa (BHBT) and J. Pratt (BHBT). The minutes do not include full job titles for those representatives; the board received the information as an informational presentation and did not record any formal action to alter investment policy at the meeting.
