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Town board approves Lake Pleasant Library investment in NYCLASS through county treasurer

Lake Pleasant Town Board · November 3, 2025
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Summary

The board authorized the Lake Pleasant Library to invest library funds in New York Class investments through the Hamilton County Treasurer's office; the vote recorded an abstention by Councilperson Kathy O'Connell (Resolution #148).

Councilperson Neil McGovern explained a request from the library board to invest library funds in New York Class (NYCLASS) through the Hamilton County Treasurer. The board approved Resolution #148 permitting investment of library funds in NYCLASS; Councilperson Kathy O'Connell recorded an abstention on the vote. The resolution passed and was adopted by the board.

The measure allows the library board to work through the county treasurer’s office for NYCLASS investment options; no specific dollar amounts were recorded in the meeting minutes.