Logan View board amends CD reinvestment, adds $943,038 from general fund

The Logan View Public Schools Board of Education on Aug. 26 voted to reinvest an existing certificate of deposit for a 182‑day term at First Northeast Bank of Hooper and approved an amendment to add $943,038.15 from the general fund to that CD. The original motion to reinvest the CD was moved by Kris Kremke and seconded by Nathan Schole; the amendment was moved by Brandon Wobken and seconded by Scott Wulf. The final motion carried: Yea 8, Nay 0, Abstain (with conflict) 1 (Houston Moseman).

Board members discussed the reinvestment during the special meeting, and the amended action places a substantial portion of general‑fund reserves into a short‑term certificate. The board did not record additional conditions on the reinvestment beyond the 182‑day term and the chosen bank. The action was recorded in the minutes as an amended motion and vote.