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Board renews Lamar National Bank depository contract and removes Scott Meyer from ISD accounts
Summary
On the consent agenda, the board renewed the depository contract with Lamar National Bank and approved a motion to remove Scott Meyer from ISD accounts at that bank. Both items passed by voice vote during the meeting.
As part of the consent agenda, the board approved renewal of the district's depository contract with Lamar National Bank and approved a motion to remove Scott Meyer from all ISD accounts at that bank. The superintendent recommended extending the depository relationship, noting satisfaction with service and competitive interest rates.
"We've been happy with the service they've been giving us," the superintendent said when recommending renewal of Lamar National Bank as the district depository. A subsequent motion to remove Scott Meyer from the district's Lamar National Bank accounts was moved and seconded and passed on the consent agenda. The motion language and second were recorded in the public proceedings; votes were by voice and recorded as passing.
