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Board selects First Lockhart National Bank as 2025–27 depository
Summary
The board approved a 2025–2027 bank depository contract with First Lockhart National Bank as recommended by administration; the motion passed 7–0.
Trustees voted unanimously June 2 to approve the 2025'1027 bank depository contract with First Lockhart National Bank as recommended by administration. Trustee Tom Guyton moved the approval and Trustee Sam Lockhart seconded; the minutes show the motion carried 7'0.
The minutes record approval of the contract but do not include the contract terms, fees, or collateral requirements. Administration is expected to finalize contract exhibits and provide public documentation as required by policy.
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