Chadds Ford Township Board of Supervisors Workshop Meeting Minutes 2026-04-22
Township Invests Open Space Funds in PLGIT Term Account
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Description
Chadds Ford Township approved transferring $977,823 from the PLGIT Open Space Fund into a six-month PLGIT fixed-rate term account to obtain higher investment returns. The move follows Board discussion of term investments versus variable-rate accounts.
Contract Details
Contract Amount
$977,823
Vendor
PLGIT
Agency
Town of Chadds Ford, PA
Contract Type
FINANCIAL_SERVICES
Document Date
April 22, 2026
Contract Term
Six (6) months
Renewal Date
2026-10-22
Renewal Info
Six-month fixed-rate investment; renewal or rollover decisions will be required at maturity.
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Chadds Ford Township Board of Supervisors Workshop Meeting Minutes 2026-04-22
Chadds Ford Township Board of Supervisors Workshop Meeting Minutes 2026-04-22
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