Board reinvests $229,500 into three‑month CD
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Description
OWWSA approved reinvesting $229,500 into a three‑month CD at the highest available interest rate, with the investment to be reconsidered at the end of the term. The CD will be held with the Authority’s banking institution.
Contract Details
Contract Amount
$229,500
Vendor
CD
Agency
Ochoco West Water & Sanitary Authority, OR
Contract Type
FINANCIAL_SERVICES
Document Date
December 9, 2025
Contract Term
3 months
Renewal Info
Board will revisit the CD investment at the end of the three‑month term to decide whether to renew or reposition funds.
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Issuing Agency
Utility District
Prineville, OR
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