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Votes and actions at a glance: Owensville special meeting, March 24, 2025

City of Owensville Board of Aldermen ยท April 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At the March 24 special meeting the Board approved (without dissent) conditional transfer of fire apparatus if PROP FIRE passes, authorized an analysis of the Milford Winter endowment, gave the City Administrator discretion to reinvest $1,432,039.46 from cashed CDs, and adjourned the meeting.

Key actions taken at the Owensville Board of Aldermen special meeting on March 24, 2025:

- Conditional sale of fire apparatus: Motion to sell trucks and equipment for $1.00 per apparatus contingent on passage of PROP FIRE (April 8, 2025). Mover: Alderman Dan Breeden; Second: Alderman Cathy Lahmeyer. Outcome: carried without dissent.

- Milford Winter endowment analysis: Motion to authorize Truman Heartland Community Foundation LLC to analyze endowment funds and present an investment plan. Mover: Alderman Cathy Lahmeyer; Second: Alderman Denise Bohl. Outcome: carried without dissent.

- Certificate of Deposit reinvestment: Motion to authorize the City Administrator to reinvest $1,432,039.46 at his discretion, with preference for local banks if rates are comparable. Mover: Alderman Matt Kramme; Second: Alderman Denise Bohl. Outcome: carried without dissent.

- Adjournment: Motion to adjourn by Alderman Denise Bohl; Second: Alderman Matt Kramme. Meeting adjourned at 6:45 p.m.