DCCE Block 70 Board of Directors Meeting Minutes January 2026
Reserve Funds Transferred from Sunwest Bank for CD Investments
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Description
The board approved the transfer of $25,000 from the Sunwest Bank reserve account for investment in CDs at First Citizens Bank. Allocations include a CD ladder for $20,000 and a 6-month CD for $5,000.
Contract Details
Contract Amount
$25,000 initial transfer (multiple CDs)
Vendor
SUNWEST BANK
Agency
Municipio De Dorado, PR
Contract Type
FINANCIAL_SERVICES
Document Date
January 15, 2026
Contract Term
3, 6, 9, & 12-month CD ladder; 6-month CD
Renewal Date
2026-07-16
Renewal Info
One-time financial transaction, not a renewable contract.
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