Waste board makes change

Decatur Daily Democrat:

The Adams County Solid Waste District's board of trustees on Monday approved a change in financial trustees for the district's transfer station and landfill trust accounts. The process, prompted by the expiration of the two long-standing trust agreements with First Merchants Bank, ultimately will cost the district a significant amount of interest income annually.

According to solid waste district executive secretary Betty Garwood — who was filling in for district director Hank Mayer, absent due to the recent death of his mother — the new interest rate offered for certificates of deposits was well below that received by the district in recent years. "The days of excellent (interest) rates are not going to happen any more," Garwood told the board.