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City rearranges funds, continues pole replacements - Houston Herald

Summary by Houston Herald
The Houston City Council made decisions concerning funds and utility poles during a meeting Tuesday, Sept. 3. CERTIFICATES OF DEPOSITThe city made renewal decisions on 16 of its 26 certificates of deposit (CDs). Eight CDs at The Bank of Houston were renewed for seven-month terms at interest rates of 4.65%. Five CDs at West Plains Bank were moved to Security Bank of the Ozarks for 12-month terms at interest rates of 4.75%. $200,000 of approximate…

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