County treasurer asks board to release two pledged securities under Resolution 26-009
The treasurer requested release of two pledged securities as month-end disbursements had been made; the board approved Resolution 26-009 following staff explanation that funds had been applied to intended entities and separate tracking would continue.
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The county treasurer asked the board to approve Resolution 26-009 to release two pledged securities that had been disbursed during month-end accounting. Treasurer explained the funds were no longer needed to be held as pledges because the underlying obligations had been paid and that standard accounting tracking would continue.
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