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Trinity ISD renews First National Bank CDs and adopts investment policy
Summary
Trustees unanimously approved renewal of First National Bank certificates of deposit and adopted the district’s investment policy during the Jan. 26 meeting.
The Trinity ISD Board voted unanimously to renew certificates of deposit at First National Bank and to approve the district’s Investment Policy on motions recorded at the Jan. 26 meeting. Elizabeth King moved to renew the CDs with a second from Ricky Hortman; Ricky Hortman moved to approve the Investment Policy with a second from Elizabeth King; both motions carried without opposition.
Board members did not record dollar amounts or maturities in the minutes; the actions formalize the district’s short-term cash management and investment guidelines and were approved as routine financial business during a condensed meeting.
