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Agenda proposes delegating CFO duties to administration and names five official depositories
Summary
ISD 316's organizational agenda proposes approving the superintendent and business manager to act as chief financial officers with specified delegations and lists five official district depositories.
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The Greenway Public School District agenda proposes authorizing the superintendent and business manager to act as chief financial officers for ISD 316, delegating responsibilities that include designating official depositories, initiating electronic fund transfers, assigning and releasing collateral, letting and assigning contracts and construction change orders, and permitting use of district credit cards under district procedures.
The agenda also lists five institutions as official district depositories: First National Bank of Coleraine, MSDLA Fund Plus, PMA/MN Trust, Associated Trust and Wells Fargo Trust. The document frames these items as proposed delegations and designations for board action at the Jan. 8 organizational meeting; no finalized approvals or signatures are recorded on the agenda itself.
