Civic IQ
FINANCIAL_SERVICESAPPROVED

farmington_public_schools_board_of_education_meeti.pdf

Michigan Liquid Asset Fund Utilization Authorized

Farmington Public School DistrictFIFTH THIRD BANK FOR MICHIGAN LIQUID ASSET FUNDOctober 28, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Board authorized the use of Fifth Third Bank for Michigan Liquid Asset Fund to manage and invest district surplus funds for the 2023-24 school year. This provides a vehicle for liquid, short-term investments.

Contract Details

Vendor

FIFTH THIRD BANK FOR MICHIGAN LIQUID ASSET FUND

Agency

Farmington Public School District, MI

Contract Type

FINANCIAL_SERVICES

Document Date

October 28, 2025

Contract Term

2023-24 school year

Renewal Date

2024-06-30

Renewal Info

Use of Michigan Liquid Asset Fund via Fifth Third Bank is authorized for 2023-24 and subject to future Board review.

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