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Kay County PBA adopts resolution to collateralize surplus funds
Summary
The Kay County Public Buildings Authority unanimously adopted a resolution July 6, 2026, directing that all PBA surplus monies be collateralized; the transcript does not specify amounts, banks, or implementation steps.
The Kay County Public Buildings Authority voted unanimously July 6 to adopt a resolution directing that all PBA surplus monies be collateralized. Vice-Chairman Jeff Kreger moved the resolution and Member Shane Jones seconded; the motion carried with Kreger, Jones and Chairman Jason Shanks recorded as voting "aye."
The resolution was approved without discussion of dollar amounts, banks to hold collateral, or the mechanics of implementation in the meeting transcript. The action was recorded as a formal motion and vote; no amendments or conditions were noted during the session. The resolution appears on the meeting record as the single formal financial-policy action taken at the special meeting.
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