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Bar Harbor Bank & Trust portfolio managers brief Winter Harbor on town investments
Summary
Bar Harbor Bank & Trust portfolio managers presented information about Winter Harbor's investment account; attendees requested copies of the documents. The board recorded investment balances in the meeting packet and asked for documentation to be shared with the public.
The Winter Harbor Board of Selectmen heard a presentation from Bar Harbor Bank & Trust portfolio managers, listed in the minutes as J. Testa and J. Pratt, who "gave information from the portfolio managers about our investment account." The presentation was recorded on the agenda as item 6 and the minutes list the bank representatives among attendees.
During public comment a member of the public, S. Fortin, asked the board for a copy of the documents the bank provided. The minutes do not include further detail about the portfolio's holdings or performance beyond references to the town's investment accounts in the financial summary. The board did not record any formal action or vote on investment changes at this meeting.
