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Board extends depository contract with First National Bank of Central Texas
Summary
Trustees approved a resolution extending Abbott I.S.D.'s depository contract with First National Bank of Central Texas under Texas Education Code, Chapter 45, Subchapter G; the motion passed 7''0.
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The Abbott I.S.D. Board approved a resolution extending the district's depository contract with First National Bank of Central Texas during the Sept. 10 meeting.
Trustee Lauren Wolf moved to approve the resolution; trustee Kris Lowery seconded. The motion passed unanimously, 7-0. The agenda cited Texas Education Code, Chapter 45, Subchapter G (School District Depositories) as the authority under which the district extends depository contracts.
