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Mapleton board approves increasing both certificates of deposit by $50,000
Summary
Trustee Terri Baker moved and the board approved increasing both village certificates of deposit by $50,000 each; the action is recorded for a July 18, 2025 renewal date.
Trustee Terri Baker moved to increase both certificates of deposit by $50,000; Trustee Rodney Smith seconded the motion and the board approved the increase by roll call. The minutes note the CD renewals are set for July 18, 2025 and that both CDs were increased.
The minutes do not include current or post-renewal principal totals, interest rates, or the financial institution name. Those details would be available in the village's treasurer records.
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