North Judson-San Pierre Corporation Treasurer Guy Richie presented board members with tax anticipation warrant bids during Tuesday night’s meeting. Richie explained that the corporation advertised for the $230,000 that needs to be borrowed for the capital projects plan and two bids were received.
Richie told board members, “One was from Centier Bank at 2.24 percent and the other from our local First National Bank of Monterey at 1.5 percent so it is my recommendation that the board approve the First National Bank of Monterey at 1.5 percent.”
The board members unanimously approved the treasurer’s recommendation.
Additionally, as a formality, members granted Treasurer Richie permission to balance accounts before the end of the year to ensure that none are at zero or below and allowed him to pay any additional claims that may come up before the first school board meeting in January.
