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Trustees approve renewal of $52,000 Treasury note maturing Nov. 30, 2025
Summary
A $52,000 Treasury note will mature on Nov. 30, 2025; trustees approved renewing the principal in a new Treasury note upon maturity following Treasurer Deborah Jones’ recommendation.
Treasurer Deborah Jones informed the trustees that a Treasury note with a principal of $52,000 will mature on Nov. 30, 2025 and recommended reinvesting the principal in a new Treasury note. She advised the trustees of the maturity date and recommended renewing at the same principal amount.
Chair Jim Kearns moved to renew the Treasury note at the same principal of $52,000; Trustee Martha Fisk seconded and the motion passed 3-0-0. The trustees recorded the reinvestment decision for the maturing instrument.
