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Committee reminded of CIP request deadline and trustee accounting details
Summary
Chair reported trustees approved a NEVI payment and clarified trustees keep private trust funds and CIP funds separately; committee was reminded citizen CIP requests are accepted through Sept. 18 and the committee’s maintenance fund holds about $75,000.
Chair (S1) reported that trustees of trust approved a NEVI payment of $30,000 for an artist and that trustees maintain separate accounting for maintenance versus other funds, producing small interest accruals on the set-asides. Committee members discussed timelines for trustee agenda submissions and the importance of clear motion language so council approval covers both project approval and disbursements when appropriate.
The Chair reminded members that citizen CIP requests are taken through Sept. 18 and that the committee has roughly $75,000 in its maintenance fund to support installations and upkeep. Members agreed the committee should consider submitting a CIP request as part of ongoing maintenance planning.
