At 9:30 AM on June 15, senior vice presidents Frank Anderson and Robert Magan of the Bank of New Hampshire met with the Trustees of the Trust Funds. Town Financial Director Andrea Picard advised that proceeds from a recent tax collection were expected to be available to trustees and the bank by the end of the month, and that the bank would receive an estimate of projected town expenses.
Trustees reported that some recent monthly account statements were missing from their records. The bank representatives agreed to ensure the missing statements are provided to the trustees. Picard and Town Administrator Angela Bovill left the meeting at 9:43 AM; the bank representatives departed later at about 10:30 AM.
The minutes record these operational and custodial matters but do not include verbatim statements or direct quotations. The exchange focused on timing of receipts and the trustees' need for complete monthly statements to reconcile accounts.