Authority Approves Investments with Capital Bank
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Description
The Atlantic City Municipal Utilities Authority approved investing funds with Capital Bank, following the finance officer’s recommendation after reviewing rates at multiple institutions. The minutes do not specify the investment amount or term.
Contract Details
Vendor
CAPITAL BANK
Agency
Atlantic City MUA, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
September 17, 2025
Renewal Info
Ongoing banking/investment relationship; renewal terms or rollover provisions were not discussed.
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