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Council approves 9-month CD at 4.5% and passes bills list; business license name change approved

City Council of Lava Hot Springs, Idaho · December 12, 2024
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Summary

Council authorized a 9-month CD at 4.5% with DL Evans Bank and approved the bills list (vote 2–1), and approved a business license name change for The Atrium to Midtown during the consent agenda.

Under new business, Council President Rickey Frandsen moved to place city funds in a 9-month certificate of deposit at 4.5% with DL Evans Bank and authorized the mayor to sign; Councilperson Leah Navarro seconded and the motion passed with recorded assent from Navarro, Avery and Frandsen. The transcript records the CD decision as an action item.

On the consent agenda the council approved the bills as presented; the motion to approve the bills passed 2–1 with Councilperson Navarro recorded as a Nay and Councilpersons Avery and Frandsen recorded as Aye. A separate consent item (8b) updating the business license—changing the Atrium's dba name to Midtown at 222 E Main St (applicant Justin Orner)—was removed from consent for discussion and subsequently approved by the council.