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Treasurer reports CD renewals due; amounts not specified
Summary
Treasurer Adam Clement told the board on July 13 that it was time to renew some certificates of deposit. The transcript records the renewal timing but does not list amounts, banks, or recommended actions.
Treasurer Adam Clement informed the Board of Selectmen that several certificates of deposit were due for renewal. Clement stated that "it was time for some CD's to be renewed," but the meeting minutes do not list the banks, amounts, or recommended reinvestment strategy.
No motion or vote regarding the renewals was recorded at the July 13 meeting. The board will need specific account and rate information to take formal action in a future meeting or via the town's established financial procedures.
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