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An independent project organizing public records from the City of Nowthen, Minnesota. Not an official city site. Documents and votes are sourced from cityofnowthen.gov; interpretations are AI-extracted and may need correction.

Home/Money/Clusters/$250,000

Cluster · estimate · no year

$250,000

Verified

Projected investment amount in CDs to qualify for higher interest rate.

Not promoted to the official baseline.

This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.

Corroboration

1docs

Consensus

0%

Votes attached

0

Date range

2019-04-09 — 2019-04-09

Every document that mentions this number (1)

Meeting City Council Meeting — Agenda Packet (2019-04-09)Apr 9, 2019p.7raw: $250,000
PDF →Auto-extracted
Projected investment amount in CDs to qualify for higher interest rate.
Suggestion last month was to combine 2 CDs to get a higher rate of interest. City will add funds to arrive at $250,000 mark to qualify for the next level of better interest.
Reasoning: Described as a projected investment threshold.