City of Cleveland Council Meeting Agenda May 14 2026
Council Weighs CD Investment with Blue Sky Bank
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Description
Cleveland City Council will consider transferring $205,967.56 in Water Improvement funds into a 12-month certificate of deposit at Blue Sky Bank at 3.81% APY. The action also designates the city manager, clerk, and treasurer as authorized internet users for the account.
Contract Details
Contract Amount
$205,967.56
Vendor
BLUE SKY BANK
Agency
City of Cleveland, OK
Contract Type
FINANCIAL_SERVICES
Document Date
May 14, 2026
Contract Term
12-month Certificate of Deposit (CD) at 3.81% APY
Renewal Info
Single 12‑month CD investment; any renewal or rollover would require future council action not specified in this agenda.
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