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Silver Creek Township approves $129,604.15 disbursement and authorizes small money-market account
Summary
The board approved disbursements totaling $129,604.15 and authorized opening a money-market account with an initial $500 deposit while keeping the Cortrust account open; supervisors recorded motions passing 3-0.
Silver Creek Township supervisors approved a $129,604.15 disbursement and authorized opening a money-market account on June 16, 2026.
Vice Chair Brandon Geyen moved to approve disbursements totaling $129,604.15; Supervisor Sandy Forsman seconded and the motion carried 3-0. The audit claims list specific checks including $105,787.50 to Knife River and smaller payments to Sara Nelson, Northstar Technology Solutions and Farrell Equipment & Supply.
Chairman Mike Helman described a recent meeting with Security Bank and Trust and said the proposed money-market account would yield roughly double the interest compared with the township’s Cortrust account. Vice Chair Geyen moved to authorize opening the money-market account with an initial $500 deposit while keeping the Cortrust account open; Supervisor Forsman seconded and the motion carried 3-0.
The board did not provide further details about anticipated transfers beyond the initial deposit; the motion was recorded as approved. No statutes or external funding sources were cited during the discussion.
