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Spring City commissioners approve renewal of three certificates of deposit at First Financial Bank
Summary
On Oct. 9, 2024, Spring City commissioners voted to renew three certificates of deposit at First Financial Bank for 12 months at a 3.45% interest rate. The motion was moved by Commissioner Reba Murphy, seconded by Commissioner Thomas Beaver, and passed unanimously by those present.
Spring City Commissioner Reba Murphy moved Oct. 9 to "approve renewing three certificates of deposit at the First Financial Bank with a rate of 3.45% for 12 months," and Commissioner Thomas Beaver seconded the motion. The vote recorded Commissioner Beaver — Aye; Commissioner Murphy — Aye; Mayor Leon Locke — Aye, and the motion carried.
City Recorder Brenda Dodson recorded roll and the vote. The minutes list Mayor Leon Locke, Commissioner Reba Murphy and Commissioner Thomas Beaver as present; Commissioner Kevin Jenkins and Vice Mayor Jody Bauer were absent. The record includes an attestation by City Recorder Brenda Dodson and a dated signature line for Mayor Leon Locke (10-10-24). No dollar amounts or further allocation details for the certificates of deposit were specified in the meeting record.
