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Agenda Item 03.7 - Library CD Purchase
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12-03-2013 Council Meeting
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Agenda Item 03.7 - Library CD Purchase
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Ci ty of <br />Pequot <br />Lakes _ _ <br />AGENDA ITEM #3.7 <br />REPORT TO <br />CITY COUNCIL <br />Report Prepared by: Nancy Malecha <br />Date: December 3, 2013 <br />Subiect: Library CD Purchase <br />Report: The Library Board is requesting to purchase a 60 <br />month CD from Lakes State Bank in the amount of $5,000. <br />This CD will be committed to their rainy day fund which <br />will be available for necessary expenditures. <br />Council Action Requested: Council motion authorizing <br />the purchase of a 60 month CD from Lakes State Bank in <br />the amount of $5,000. <br />
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