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Savoy ISD board extends depository contract with Cendera Bank
Summary
Savoy ISD approved a resolution extending its depository contract with Cendera Bank during the July 14 meeting; the resolution passed with five yeas, one abstention and one absence.
The Savoy ISD Board of Trustees approved a resolution July 14 to extend the district's depository contract with Cendera Bank. The motion to approve the resolution was made by Sandy Petree and seconded by Brian Pugh; the board recorded five yeas, one abstention (Jeff Francis) and one absence (Bear Reed).
The minutes list the item as "Resolution Extending Depository Bank Contract with Cendera Bank" and reflect the standard roll call format used throughout the meeting. The board did not record further terms of the contract or financial details in the minutes; those specifics are not specified in the meeting record.
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