Chadds Ford Township Board of Supervisors Workshop Meeting Minutes 2026-04-22
Operating Reserve Shifted to PLGIT Six-Month Term
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Description
Chadds Ford Township authorized investing $1,830,267 from its PLGIT Operating Reserve Fund into a six-month PLGIT fixed-rate term account. The decision aligns with the Township’s strategy to improve yields while maintaining liquidity for operating needs.
Contract Details
Contract Amount
$1,830,267
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; subject to renewal, rollover, or redemption decision upon maturity.
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Chadds Ford Township Board of Supervisors Workshop Meeting Minutes 2026-04-22
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