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Buffalo County accepts semiannual treasurer report, approves pledged collateral changes
Summary
The board accepted the County Treasurer's semiannual report and approved additional pledged collateral of $160,000 at Firstier Bank and two releases of pledged collateral ($83,115.90 at Firstier and $43,752.22 at First National Bank of Omaha) during its Jan. 23 meeting.
The Buffalo County Board of Commissioners accepted the County Treasurer's semi-annual report and approved several collateral adjustments on Jan. 23.
Commissioner Sherry Morrow moved, and Commissioner Ronald Loeffelholz seconded, to accept the County Treasurer's semi-annual report; the motion carried on a roll call vote (Aye: Morrow, Loeffelholz, Kouba, Lynch, Maendele, Klein; Absent: Higgins). The board also approved adding $160,000 in pledged collateral for the Buffalo County Treasurer at Firstier Bank.
Separately, the board approved the release of $83,115.90 in pledged collateral at Firstier Bank and $43,752.22 in pledged collateral at First National Bank of Omaha; each action passed by roll call vote consistent with other financial items recorded in the minutes.
The minutes note that a funds-transfer agenda item was deemed unnecessary for the month and was not acted upon.
