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FINANCIAL_SERVICESAPPROVED

Village of Kings Point Minutes Board of Trustees Meeting 2026-05-12

Board Approves Moving Village Funds to NY CLASS

Village of Kings PointNEW YORK CLASSMay 12, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Kings Point authorized shifting Village funds into its New York CLASS General Fund to take advantage of more favorable interest rates. The specific transfer amounts from JP Morgan Chase accounts will be set by the Mayor.

Contract Details

Vendor

NEW YORK CLASS

Agency

Village of Kings Point, NY

Contract Type

FINANCIAL_SERVICES

Document Date

May 12, 2026

Renewal Info

Participation in the New York CLASS investment program is ongoing; this action increases invested balances but does not specify renewal terms.

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