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Board accepts July unaudited financials noting unbudgeted mower purchase; considers investment account
Summary
The Heritage Pines CDD accepted unaudited financial statements as of July 31, 2024; District Manager Chuck Adams said the statements reflect an unbudgeted purchase of a new mower and the board asked to consider opening an investment account with BankUnited at a future meeting.
The board accepted the unaudited financial statements for the period ending July 31, 2024 after District Manager Chuck Adams noted the financials "reflect the unbudgeted purchase of the new mower." The discussion touched briefly on the operating account held with SunTrust and the board agreed to add consideration of opening an investment account with BankUnited to a future agenda.
On a motion by Arthur Rhodes, seconded by Carol Vaughan, the unaudited financial statements were accepted "with all in favor." No vote counts beyond the stated unanimous approval were recorded in the minutes. The board did not approve any new expenditures at the meeting; the investment-account item will be scheduled for a subsequent meeting.
