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Council approves $300,000 rollover of pool funds into maturing CD
Summary
The council authorized rolling $300,000 from the pool savings account into a certificate of deposit maturing Jan. 25, 2026. The motion was approved unanimously at the Jan. 20 meeting.
Finance Officer Trudy Waterman reported the Pool Committee had approval from two committee members and one councilmember to roll $300,000 from the pool savings account into the pool certificate of deposit maturing on Jan. 25, 2026. The council approved the rollover on a motion by Stacey Boes, seconded by Ashley Lozano.
The minutes show the transaction was authorized at the Jan. 20 meeting and will be executed per the finance officer's direction; the record does not list the name(s) of the two Pool Committee members who gave approval.
