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Board approves $530,729.89 in bills, plans bank review
Summary
Trustees unanimously approved payment of $530,729.89 in bills and payroll and agreed to meet with banks next week to review Village banking options and bring a recommendation to the Board.
Trustee Kraus moved and Trustee Stacey seconded a motion to approve payment of the list of bills in the amount of $530,729.89 and payroll since the last meeting. The motion carried unanimously with six yes votes and no nays.
Trustee Kraus and other Board members discussed evaluating different banks for the Village’s accounts. The Board directed staff to set up meetings with banks next week; after gathering information a formal recommendation will be presented to the Board.
