Town of Malta Town Board Meeting Minutes 2026-05-18
Malta Establishes Town Court Account at Local Bank
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Description
The Malta Town Board approved Ballston Spa National Bank as a depository for Town Court funds, authorizing deposits up to $1,000,000. The Supervisor, Comptroller, and Town Justices are empowered to open and manage the new court account and necessary collateral agreements.
Contract Details
Contract Amount
Deposits up to $1,000,000
Vendor
BALLSTON SPA NATIONAL BANK
Agency
Malta Water District #1, NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Renewal Info
Ongoing depository designation under Town Law Section 64; no specific expiration or renewal date stated in the resolution.
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