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Paris ISD extends bank depository contract with Farmer's Bank & Trust through June 30, 2027
Summary
The Board approved a resolution extending the district's bank depository contract with Farmer's Bank & Trust from July 1, 2025, through June 30, 2027, by a unanimous 5‑0 vote. The motion was made by Trustee Aubrey Gibbs and seconded by Trustee Cliff Kerby.
The Paris ISD Board of Trustees voted on March 24 to extend the district's bank depository contract with Farmer's Bank & Trust for a two‑year period running July 1, 2025, through June 30, 2027. Trustee Aubrey Gibbs moved the resolution and Trustee Cliff Kerby seconded; the vote was unanimous, 5‑0.
The motion authorizes continuing Farmer's Bank & Trust as the district's official depository for the specified period. The minutes record the motion and unanimous approval; the resolution's detailed terms (fees, collateralization, or other account arrangements) are not included in the public minutes.
