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1989-16558-Minutes for Meeting June 29,1989 Recorded 6/30/198989~~sss8 0096 0050 MINUTES DESCHUTES COUNTY BOARD OF COMMISSIONjgRH June 29, 1989 Chair Prante reconvened the meeting at 11:20 a.m. Board members in attendance were Dick Maudlin, Tom Throop and Lois Bristow Prante. Also present was Rick Isham, County Legal Counsel. 1. RESOLUTION 89-057, AMENDING THE TRUST AGREEMENT TO PROVIDE FOR REFUNDING THE COUNTY'S CERTIFICATES OF PARTICIPATION, SERIES 1987. Before the Board was signature of Resolution 89-057, amending the terms of the Installment Purchase and Trust Agreement to provide for the refunding of the County's Certificates of Participation, Series 1987. PRANTE: Entertain a motion to sign Resolution 89-057. THROOP: I'll move approval. MAUDLIN: Second. VOTE: PRANTE: YES THROOP: YES MAUDLIN: YES 2. INSTALLMENT PURCHASE AND TRUST AGREEMENT WITH SECURITY PACIFIC BANK OREGON Before the Board was to have notarized signatures by Commission Chair Lois Bristow Prante and Commissioner Tom Throop on an Installment Purchase and Trust Agreement with Security Pacific Bank Oregon as Trustee. MAUDLIN: I so move. THROOP: I'll second the motion. VOTE: PRANTE: YES THROOP: YES MAUDLIN: YES 3. SIGNATURE AND NON-LITIGATION CERTIFICATE Before the Board was to have the notarized signature of the Commission Chair on the Signature and Non-Litigation Certificate concerning the $1,800,000 in Certificates of Participation, Series 1989. â–ºicYtUNCHE PRANTE: Entertain a motion for chair signature. JUG X1989 THROOP: I'll move. PAGE 1 BOARD MINUTES: 6/29/89 0096 0051 4. 5. 6. 7. MAUDLIN: Second. VOTE: PRANTE: YES THROOP: YES MAUDLIN: YES ESCROW DEPOSIT AGREEMENT Before the Board was chair signature of Escrow Deposit Agreement with Security Pacific Bank Oregon. MAUDLIN: Move chair signature of Escrow Deposit Agreement. THROOP: I'll second the motion. VOTE: PRANTE: YES THROOP: YES MAUDLIN: YES TAX CERTIFICATE Before the Board was Chair signature of the Tax Certificate regarding the Certificates of Participation, Series 1989 in the County's Installment Purchase and Trust Agreement, which were in the aggregate principal amount of $1,800,000 and dated June 1, 1989. THROOP: I'll move chair signature. MAUDLIN: Second. VOTE: PRANTE: YES THROOP: YES MAUDLIN: YES RESOLUTION 89-055, TRANSFERRING APPROPRIATIONS Before the Board was signature of Resolution 89-055, transferring $46,000 of appropriations within various funds of the Deschutes County Budget and directing entries. MAUDLIN: I move signature of Resolution 89-055. THROOP: Second the motion. VOTE: PRANTE: YES THROOP: YES MAUDLIN: YES ORDER 89-045 TRANSFERRING BUDGETED CASH Before the Board was signature of Order 89-045, transferring cash in the amount of $92,915.84 within various funds of the Deschutes County Budget and directing entries. PAGE 2 BOARD MINUTES: 6/29/89 0096 00%52 MAUDLIN: Move signature of Order 89-045. THROOP: Second. VOTE: PRANTE: YES THROOP: YES MAUDLIN: YES 8. ORDER 89-047, TRANSFERRING BUDGETED CASH Before the Board was signature of Order 89-047, amending Section 1 of Order 89-042 transferring cash in the amount of $484,818 within various funds of the Deschutes County Budget and directing entries. MAUDLIN: I move signature of Order 89-047. THROOP: Second the motion. VOTE: PRANTE: YES THROOP: YES MAUDLIN: YES 9. ORDER 89-048 TRANSFERRING BUDGETED CASH Before the Board was signature of Order 89-048, transferring cash in the amount of $39,963 within various funds of the Deschutes County Budget and directing entries. MAUDLIN: So moved, signature of Resolution 89-048. THROOP: Second. VOTE: PRANTE: YES THROOP: YES MAUDLIN: YES 10. RESOLUTION 89-056, TRANSFERRING APPROPRIATIONS Before the Board was signature of Resolution 89-056 transferring $63,500 of appropriations within various funds of the Deschutes County Budget and directing entries. MAUDLIN: So moved. THROOP: Second. VOTE: PRANTE: YES THROOP: YES MAUDLIN: YES PAGE 3 BOARD MINUTES: 6/29/89 0096 005`3 DESCHUTES COUNTY BOARD OF COMMISSIONERS Lo ~cJ is gist w Pr~ante, "Ze~ TonThroop, Commissioner Dick audlin, Commissioner BOCC:alb PAGE 4 BOARD MINUTES: 6/29/89