1984-90026-Resolution No. 84-051 Recorded 10/24/1984REVIEW -
LEG A& COUNSEL
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COJNTY, OREGON
1a h "'1 24 'M 1: 28
A Resolution Accepting a Bid * YAC, ,✓�+ :E, '; ;, VOL 57 PACE 25
County General Obligation
For the Purchase of Deschutes * 'u'
Improvement Bonds, Series
1984, and Directing Delivery *
and Sale Thereof.
RESOLUTION NO. 84 -051
WHEREAS, on the 24th day of October, 1984, bids were con-
sidered during a regular Board of Commissioners of Deschutes
County, Oregon, meeting for the purchase of $550,000.00 of
Deschutes County General Obligation Improvement Bonds, Series
1984, to be dated November 1, 1984, and the Board having met in
regular session to consider said bids; and
WHEREAS, several bids having been received and considered
and the Board deems it desirable that the responsible bidder
offering to purchase said bonds at the lowest net effective rate
of interest cost to Deschutes County be accepted; now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, as follows:
Section 1. The Board hereby finds and determines that the
bid of First Interstate Bank of Oregon, N.A., is the best bid
received for the purchase of Deschutes County General Obligation
Imrpovement Bonds, Series 1984, being the one with the lowest net
effective rate of interest, said net effective rate of interest
being 8.5657% per annum. That bid is hereby accepted and the
bonds shall be sold and delivered to the bidder above named.
DATED this 2444A day of __A bw
ATTEST:
YC rid' , f L,
Recording Secretary
1 - RESOLUTION NO. 84 -051
, 1984.
BOARD OF COUNTY COMMISSIONERS
OF DESCHUTES COUNTY, OREGON
E, Commissioner
LAURENCE A. TUTTLE, Commissioner