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Board names authorized signers for Dub Crutcher Scholarship CD; bank presents six‑month rate
Summary
The board approved Mrs. Lisa Taylor and Dr. Carrie Tripp as authorized signers for the Dub Crutcher Scholarship certificate of deposit at First Missouri Bank and agreed to move to a six-month rate of 4.25 as presented by the bank; vote was 7–0.
The Richland R‑I Board of Education designated Mrs. Lisa Taylor and Dr. Carrie Tripp as authorized signers on the Dub Crutcher Scholarship certificate of deposit at First Missouri Bank and approved moving the account to a six‑month rate of 4.25 as presented by First Missouri Bank. Chris Porter made the motion and Jeremy Conner seconded; the minutes record the motion carrying with seven yeas and no nays.
The minutes record the action and the rate figure as provided by the bank, but the minutes do not specify the unit for "4.25" (for example, whether that represents an annual percentage rate). The minutes also do not list any further instructions or implementation dates for the change.
