ITEM NUMBER: 6.C.
School Board Regular Meeting
- Meeting Date:
- 01/06/2020
- Prepared By:
- Tom Sager
Item Type:
Action
Subject:
Resolution Authorizing the Agreement with MN Trust and PMA Financial Network, Inc
Background:
MN Trust is an additional approved depository to receive the district's state aid payments and provide financial and investment services. The fund is managed by the PMA Financial Network. The resolution entering into this agreement does not obligate the district to use these services; however, it does provide additional and alternative options for financial services.
Recommended Action:
The administration recommends approval of the resolution authorizing the agreement with MN Trust and PMA Financial Network, Inc.