St Joseph board reviews village's investment portfolio
Board member Fruhling-Voges said the village will roll over three CDs for another six months. These include $75,000 in general fund money and $25,000 in equipment fund money held at Gifford Bank, plus another $70,000 in Motor Fuel Tax funds held at Longview Bank.
The board also voted 6-0 to approve the appointment of Steve Huls to the St. Joseph Planing Board and approved an abatement resolution for $137,356 to cover the village's general obligation bond payment.
The meeting was adjourned after 36 minutes.