Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Debt topic
No spam. Unsubscribe anytime.
Minerva board approves budget amendment and $14,870.77 bond prepayment
Summary
The Town Board authorized budget transfers between debt-service accounts and prepayment of $14,870.77 to M&T Bank, approving related amendments by roll-call vote 5–0.
The Town of Minerva Board voted Feb. 20, 2025 to authorize budget amendments moving funds between debt-service accounts and to prepay $14,870.77 to M&T Bank. The resolution was approved by roll call with Supervisors and councilmembers voting Aye: McNally, McCall, Dubay, LaBar and Fish.
Councilman Douglas McCall moved the resolution and Councilman David LaBar seconded. The board recorded two specified transfers from Debt Service/Serial Bonds (97107.08) to Bond Anticipated Interest (976307.018) — $14,870.77 and $23,687.77 — and authorized the prepayment of $14,870.77 from Bond Anticipated Interest (97307.08). The motion carried 5–0. The board did not record any dissenting votes or conditions attached to the prepayment.
