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Treasurer recommends renewal of large CDs; commissioners approve Clerk of Court contract with state
Summary
Treasurer Jessica Niemitalo recommended renewal of five certificates of deposit totaling roughly $28.8 million across several accounts; the board approved renewing the CDs and separately approved contracting with the State of North Dakota for Clerk of Court services.
Treasurer Jessica Niemitalo told the board she recommended renewal of three CDs for $5 million each, one for $3,821,552.87 and one for $10 million; the board voted to renew those certificates of deposit with Cornerstone Bank for a three‑month term.
Madison Rodgers, Clerk of Court, stated she wished to continue contracting with the State of North Dakota for Clerk of Court services; the board approved a letter to contract for funding and reimbursement for those services. The minutes record both actions with unanimous roll‑call approval.
