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Selectboard authorizes line of credit with Community Bank
Summary
The Isle La Motte Selectboard authorized signing a Line of Credit with Community Bank after a motion by Chair Peter Brzozowy; the action was approved unanimously in the minutes.
The Selectboard voted to sign a Line of Credit with Community Bank at the July 2 meeting. Chair Peter Brzozowy made the motion and Pat Treckman seconded; the minutes record the result as "all in favor." The board referenced prior discussion of the Line of Credit at the June 25 meeting and moved to execute the bank paperwork with a single signature authorized.
No dollar amount or terms are recorded in the minutes; the motion authorizes signing the agreement and directs staff to complete required signatures and documentation with Community Bank.
