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1988-02522-Resolution No. 88-008 Recorded 2/11/198888 -02522 REVIEWED LEGAL COUNSEL BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON 1! n r, A Resolution Establishing The Welcome Center Fund. RESOLUTION NO. 88 -008 WHEREAS, Deschutes County has proposed the construction and authorization of obligations for a tourist related facility to be known as the "Welcome Center "; and WHEREAS, funding for the Welcome Center will be provided by transient room taxes and grant funds; and WHEREAS, it is necessary to establish a special fund the pay Welcome Center expenses; now, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. That the Welcome Center Fund is hereby estab- lished. Section 2. That the Deschutes County Treasurer is directed to deposit all monies received from or through the State of Oregon for the Welcome Center, one per cent (1 %) of all transient room tax collections collected by hotel owners after January 1, 1988, and any other funds identified for the project in said fund. Section 3. That the Treasurer is authorized and directed to invest the amounts deposited in accordance with Section 2 of this Resolution. DATED this / e day o ATTEST: Recording Secretary 1 - RESOLUTION NO. 88 -009 , 1988. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON PRANTE, Commissioner tOMTT ssioner / D K MAUDLIN, "CKairman FEB 2 31988