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Galesville finance committee considers bank-account moves, $90,175 storm-drain allocation, vehicle loan and library HVAC plan
Summary
At its Nov. 11 meeting, the City of Galesville Finance & Insurance Committee recorded motions to open and close accounts at Bluff View Bank, allocate $90,175 to a storm-drain replacement project, seek a loan up to $75,000 for a police vehicle, and pay for a library HVAC replacement from existing funds. The transcript records motions and seconds but does not include vote tallies or final approvals.
At its Nov. 11 meeting, the City of Galesville Finance & Insurance Committee considered a series of finance motions, including opening and closing accounts at Bluff View Bank, allocating $90,175 to a storm-drain project, pursuing a loan of up to $75,000 for a police vehicle, and using cash to replace a library roof HVAC unit.
R. Todd, a committee member, moved to approve the Oct. 7, 2025 minutes; J. Swing, a committee member, seconded. The transcript records the motion and the second but does not show a recorded vote or tally for approval.
On Item A, "Motion to open a non-interest-bearing account at the Bluff View bank," R. Todd moved and J. Swing seconded. On Item B, J. Swing moved and R. Todd seconded "Motion to close the rehab account at Bluff View Bank and send the balance to the DOA." The transcript uses the acronym DOA without expanding it; the record does not indicate the DOA's full name.
On Item C, J. Swing moved (seconded by R. Todd) the closing of the money market plus account and transfer of funds to the regular money market account at Bluff View Bank, specifying that "$90,175 of that money has been allocated to the Storm Drain Replacement project." That $90,175 funding allocation was presented as a specific directive; the transcript does not record a formal vote or outcome for the motion.
On Item D, R. Todd moved (seconded by J. Swing) a "Motion to take out a loan and pay for one cop car not to exceed $75,000." Committee members asked staff to "check with Ford Financing and local bank for interest rates," indicating the committee intends to compare financing options before finalizing terms.
On Item E, J. Swing moved (seconded by R. Todd) a "Motion to pay to replace HVAC unit on library roof with cash out of the money market account and not to finance." Item F notes "No action on roof replacement for the library," indicating the committee did not proceed on a separate roof-replacement item at this meeting.
The meeting was recorded as adjourned at 7:12 p.m.; the transcript records the motion to adjourn by R. Todd, seconded by J. Swing, but does not include a vote tally.
The transcript documents the motions and seconds for each agenda item but does not record roll-call votes, vote tallies, or explicit outcomes for the motions. Where acronyms (for example, DOA) appear, the record does not expand them; the committee noted it would check financing options for the vehicle loan before taking further action.
