Town of Windham Town Board Meeting Minutes 2026-05-14
Town Invests Capital Sewer EDU Funds in 90-Day CD
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Description
The Town Board approved reinvestment of $50,000.00 plus interest from the Capital Sewer EDU Fund into a 90-day certificate of deposit at National Bank of Coxsackie in Cairo. The move seeks to generate short-term interest on sewer capital funds.
Contract Details
Contract Amount
$50,000.00 plus interest earned
Vendor
NATIONAL BANK OF COXSACKIE
Agency
Town of Windham, NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 14, 2026
Contract Term
90 days certificate of deposit
Renewal Date
2026-08-12
Renewal Info
CD matures after 90 days; board must act again to renew or change the investment.
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