Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Local topic
No spam. Unsubscribe anytime.
Council amends Resolution 2024-009 to accept CD rate change from 4.5% to 4.3%
Summary
Council approved an amendment to Resolution 2024-009 accepting a change in CD rate from 4.5% to 4.3% and authorized the mayor to sign the amended resolution; the motion passed unanimously.
Council voted unanimously to accept an amended interest-rate term on a DL Evans CD by changing the rate recorded in Resolution 2024-009 from 4.5% to 4.3% and to authorize the mayor to sign the amended resolution.
Councilmember Leah Navarro moved approval of the amendment and authorization; Councilmember John Head seconded. The motion carried with all voting members in favor. The meeting record does not state the CD principal balance or further financial implications beyond the recorded rate-change authorization.
