1989-15363-Minutes for Meeting June 28,1989 Recorded 6/28/198989-15363 0095 1822
EXCERPT FROM MINUTES
DESCHUTES COUNTY BOARD OF COMMISSIONE~2=',
June 28, 1989
Chair Prante called the meeting to order at 10:05 a:mi- -aoard
members in attendance were Dick Maudlin Tom Throo
p, aii's
Bristow Prante. Also present was Rick Isham, County Legal Counsel.
BOND PURCHASE AGREEMENT WITH SEATTLE-NORTHWEST SECURITIES
CORPORATION
Before the Board was approval and chair signature of a Bond
Purchase Agreement with Seattle-Northwest Securities for
purchase of Certificatse of Participation Series 1989, in the
amount of $1,800,00 for the Government Center. Rick Isham stated
that the interest rate of 7.07% was significantly lower than the
7.24% which had originally been estimated which would result in a
$15-$18,000 interest savings.
MAUDLIN: I move chair signature of Bond Purchase Agreement.
THROOP: Second the motion.
VOTE: PRANTE: YES
THROOP: YES
MAUDLIN: YES
DESCHUTES COUNTY BOARD OF COMMISSIONERS
Lois Arss 4wwrr an te, Chair
Tom Thhrooo, Commissioner
Dick Maudlin, Commissioner
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