Town Board Meeting Minutes December 2025
Bond Anticipation Funds Placed with Gouverneur Savings & Loan
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Description
The Town Board authorized the Supervisor to deposit and invest Water District #7 Bond Anticipation Note funds in an account at Gouverneur Savings & Loan until the project starts. The action aims to safeguard and earn interest on the funds without affecting project timing.
Contract Details
Vendor
GOUVERNEUR SAVINGS & LOAN
Agency
Town of Cape Vincent, NY
Contract Type
FINANCIAL_SERVICES
Document Date
December 18, 2025
Contract Term
Until Water District #7 project begins
Renewal Info
Funds are to remain invested at Gouverneur Savings & Loan until the Water District #7 project begins; no fixed maturity or renewal schedule is specified.
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