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Board authorizes Pilgrim Bank checking accounts to handle bond construction payables
Summary
Pittsburg ISD trustees voted unanimously to open two new checking accounts at Pilgrim Bank to transfer funds from TexPool for new bond construction payables, aiming to streamline payments for ongoing construction work.
The board voted to authorize opening two new checking accounts with Pilgrim Bank to receive transfers from TexPool for bond construction payables. Trustee Bryan Berry moved the action; Linsey Harwell seconded it. The motion passed 7–0.
Minutes state the accounts are intended to streamline financial operations related to new bond construction payables. No account numbers, dollar amounts, or specific payables were recorded in the public minutes.
