TCDDCD Board Meeting Minutes February 2026
Board Approves Baker Tilley Investment Strategy
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Description
The board accepted Baker Tilley’s recommendation to invest $300,000 of district funds in interest-bearing vehicles split between a 3‑month instrument and a 12‑month CD or equivalent. The investments will be initiated after further review at the 2nd quarter board meeting.
Contract Details
Contract Amount
$300,000 (investment amount; not fees)
Vendor
BAKER TILLEY
Agency
Town of Turkey Creek, IN
Contract Type
FINANCIAL_SERVICES
Document Date
February 5, 2026
Contract Term
$60,000 in 3‑month investment; remaining balance in 12‑month CD or equivalent
Renewal Info
Investments are structured as a 3‑month short‑term instrument for $60,000 and a 12‑month CD or equivalent for the remaining funds; the board plans to review recommendations at the 2nd quarter 2026 meeting before initiating, implying future rollover or renewal decisions will be revisited annually.
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