Get email alerts on the Finance Banking topic
No spam. Unsubscribe anytime.
Board extends district depository contract for an additional two-year term
Summary
Cross Roads ISD trustees approved a board resolution extending the district's depository contract for a third two-year term at the May 23 meeting.
The board approved a resolution extending the district's depository contract for an additional two-year term after Assistant Superintendent Richard Tedder recommended the extension. Trustee Diane Locke moved to approve the resolution and Mr. Giles seconded; the record shows the motion carried with all trustees present in favor.
The minutes do not specify the depository institution or financial terms; the resolution extends existing depository authority for the district for the period indicated by board policy and state guidance.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
