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Nevis board names banks and counsel, authorizes electronic transfers and accepts December financials
Summary
The board designated Northwoods Bank, Minnesota Liquid Asset Funds and Citizens National Bank as official depositories, approved Squires, Waldspurger & Mace P.A. as counsel, authorized electronic fund transfers and accepted December financial reports showing a cash balance of $1,825,801.67 and approved $231,631.30 in claims.
The Board of Independent School District 308 on Jan. 26 approved several administrative and financial actions. The board named Northwoods Bank, Minnesota Liquid Asset Funds and Citizens National Bank as the district's official depositories and approved Squires, Waldspurger & Mace P.A. as official counsel.
The board also authorized the finance bookkeeper and the payroll/employee benefits coordinator to make electronic fund transfers as required under board policy. Accounts Payable Clerk Tom Haldeman presented the district's December financial reports; the board approved a cash balance of $1,825,801.67 and payment of claims totaling $231,631.30. "Motion carried unanimously," the minutes record.
These approvals were made by motion with unanimous support and were entered into the consent of administrative business for the 2026 fiscal year.
