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Council reviews updates to bank signatories and approval processes; no action taken
Summary
Calvert City Council considered updating authorized signatories, grant administrators and approval processes for financial institutions but recorded no action on the item during the Sept. 30 meeting.
Council reviewed proposed updates to signatories, authorized approvals, grant administrators and other approval processes needed to conduct the City of Calvert's business with financial institutions, and the minutes state no action was taken on the item.
The agenda item is recorded as: "Consideration, discussion, and any action regarding the update of signatories, authorized approvals, grant administrators and any other required approval processes to conduct the City of Calvert's business with financial institutions: NO ACTION TAKEN." The minutes do not list proposed changes, names of banks, or an implementation timeline.
Because no motion or vote was recorded, the item remains open for future agendas. The council's next regular meeting is scheduled for Oct. 7, 2024 at 5:00 p.m.
