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Board approves debt-management policy in voice vote
Summary
The board moved to accept a debt-management policy, discussed its form and implementation, and approved the policy by voice vote; members directed staff to publish the policy and distribute copies to relevant staff and committees.
The board considered a proposed debt-management policy and approved it by motion and voice vote. A board member moved that the board accept the policy; another member seconded and the chair called for those in favor. Members said the policy "summarizes exactly what" is needed and that it should be posted and included in notices.
The meeting record does not include a roll-call vote; board approval was recorded by voice. Staff said they would make copies available and post the policy per standard procedure. The action was procedural in nature and intended to provide clarity on the library's handling of debt and one-time funds.
