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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'>From:</span></b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'> Amber Alexander <director@pidl.org> <br><b>Sent:</b> Monday, July 24, 2023 5:30 PM<br><b>To:</b> 'Kristina Knezic' <kknezic@bsclibrary.org><br><b>Subject:</b> RE: [Michlib-l] Investment of Surplus Funds<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>MI Class<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><a href="https://www.michiganclass.org/">https://www.michiganclass.org/</a><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>The ROI is excellent and beats out any rate you get at bank for a CD.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:24.0pt;font-family:"Freestyle Script";color:#1F497D'>Amber Alexander<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Bookman Old Style",serif;color:#1F497D'>Library Director, MLIS<o:p></o:p></span></p><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Bookman Old Style",serif;color:#1F497D'>Presque Isle District Library<o:p></o:p></span></b></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Bookman Old Style",serif;color:#1F497D'>181 E. Erie Street<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Bookman Old Style",serif;color:#1F497D'>Rogers City, MI 49779<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Bookman Old Style",serif;color:#1F497D'>989.734.2477, 101<o:p></o:p></span></p><p class=MsoNormal><u><span style='font-size:10.0pt;font-family:"Bookman Old Style",serif;color:#1F497D'><a href="http://www.pidl.org/">www.pidl.org</a><o:p></o:p></span></u></p><p class=MsoNormal><u><span style='font-size:10.0pt;font-family:"Bookman Old Style",serif;color:#1F497D'><o:p><span style='text-decoration:none'> </span></o:p></span></u></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Bookman Old Style",serif;color:#1F497D'><img border=0 width=66 height=72 style='width:.6916in;height:.75in' id="Picture_x0020_1" src="cid:image001.png@01D9BE55.AFA67680" alt="MeL_Badge_Maven_small_v.1"><u><o:p></o:p></u></span></p><p class=MsoNormal><u><span style='font-size:10.0pt;font-family:"Bookman Old Style",serif;color:#1F497D'><o:p><span style='text-decoration:none'> </span></o:p></span></u></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'>From:</span></b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'> Michlib-l <<a href="mailto:michlib-l-bounces@mcls.org">michlib-l-bounces@mcls.org</a>> <b>On Behalf Of </b>Kristina Knezic via Michlib-l<br><b>Sent:</b> Monday, July 24, 2023 3:44 PM<br><b>To:</b> Michlib-l <<a href="mailto:michlib-l@mcls.org">michlib-l@mcls.org</a>><br><b>Subject:</b> [Michlib-l] Investment of Surplus Funds<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'>Hello All, <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'> <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'>I know there are guidelines for investing public funds, but my Board is interested in knowing where other libraries are investing surplus funds. <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'> <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'>Thank you, <o:p></o:p></span></p></div><div><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'>Kristina <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'> <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'>Kristina Knezic, Director <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'>Berrien Springs Community Library <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'>215 W. Union St. <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'>Berrien Sprins, MI 49103 <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'>269-471-7074 <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Book Antiqua",serif;color:black'><a href="http://www.bsclibrary.org">www.bsclibrary.org</a> <o:p></o:p></span></p></div></div></div></body></html>