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Ellis County Library Board reduces bonding limit to $80,000 for two people
Summary
The board amended its prior bonding motion to set an $80,000 limit covering two people instead of $160,000, citing limited available funds; the motion passed July 1.
The Ellis County Library Board voted July 1 to amend its prior bonding motion and set a bonding limit of $80,000 covering two people. Becky Rogowski moved the amendment, noting the board does not yet have $160,000 in funds; Alisha Hammerschmidt seconded and the motion passed.
The minutes record that the board chose a single policy that will cover two people for a total of $80,000 rather than the previously considered $160,000 limit. The change was presented as a financial-control measure until the district accumulates larger reserves.
