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Board approves consent agenda, including $3.7M in CDs with City National Bank
Summary
The Colorado ISD Board approved the consent agenda Dec. 8, which included a $3,700,000.00 investment in certificates of deposit with City National Bank; Trustee Ty Wood recorded an abstention on the consent vote.
The Colorado ISD Board of Trustees voted to approve the consent agenda at its Dec. 8 meeting. Items on the consent agenda included the Nov. 10, 2025 regular meeting minutes; the November 2025 financial report and CISD investment report; payment of invoices for November 2025; and a CISD investment in certificates of deposit with City National Bank totaling $3,700,000.00. The board recorded Trustee Ty Wood as abstaining from the consent-agenda vote; the motion carried.
The investment decision was included as part of routine financial reporting under the consent agenda. The minutes list the CD investment amount and the institution (City National Bank) but do not include a detailed roll-call tally beyond the recorded abstention. No conditions or restrictions on the investment were reported in open session.
