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Board adopts investment policy resolution; designated officer not specified in minutes
Summary
Spurger ISD trustees approved a resolution stating the district's investment policy and strategies and designated an investment officer; the minutes record the motion and unanimous passage but do not name the designated officer.
Trustee Cheryl Spangler moved to approve a resolution adopting the district's investment policy and investment strategies and to designate an investment officer; Trustee Bradley Heim seconded the motion and the board recorded unanimous passage.
The minutes record the passage of the resolution but do not specify the name of the person designated as the investment officer or include the investment policy text. The lack of a named designee in the transcript is noted in the minutes and would typically require follow-up documentation to identify who will carry out the district's investment duties.
