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Roseau board names Citizens State Bank and MSBLAF as official depositories
Summary
The board unanimously designated Citizens State Bank of Roseau and the Minnesota School Board Liquid Asset Fund as official depositories for District 682 funds, by motion recorded at the Jan. 12 organizational meeting.
During the Jan. 12 organizational meeting the Roseau Public School Board designated official depositories for school district funds. A motion by Jodee Haugen, seconded by Neal Vatnsdal and carried unanimously, named Citizens State Bank of Roseau and the Minnesota School Board Liquid Asset Fund as the district's official depositories.
The motion was recorded in the minutes as a formal board resolution for District 682; no dollar amounts or account details were discussed during the meeting. The designation establishes where the district will hold operating funds and is recorded as part of the board's organizational actions.
