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Town board approves $1,021,064 transfer from AmeriQ LPL to Watertown Savings Bank
Summary
At a special Aug. 29 meeting, the Town of Alexandria board approved a resolution authorizing a $1,021,064 transfer from the town's AmeriQ LPL accounts into a Watertown Savings Bank general fund account; the board conducted a roll-call vote and noted one absence.
The Town of Alexandria board approved a resolution Aug. 29 to move $1,021,064 from the town's AmeriQ LPL account into the Watertown Savings Bank general fund.
The resolution text, read aloud by the presiding supervisor (S2), named Brent Sweet as "Towneaux Supervisor" authorized to execute the transfer: "Be it resolved that Brent Sweet, Towneaux Supervisor, is here authorized ... to transfer funds in the amount of $1,021,064 from America LPL to Watertown Savings Bank general fund." The resolution was offered by Councilman Sean Thomas and seconded by Councilman Tim Davison/Tim Davidson. The board conducted a roll-call vote; the transcript records affirmative votes and one absence (Councilman Crane is absent).
