1992-08627-Resolution No. 92-021 Recorded 3/18/1992REVIEWED
LEG. COUNSEL
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTE6 eUUNTY, uxEGDN'
92- 08627
A Resolution Relating to
the Use of a Portion of
the Proposed New Tax Base.
RESOLUTION NO. 92 -021
Pt3 0
0109 0667
WHEREAS, the proposed new tax base is $9,970,000.00 contains
$700,000.00 for operating expenses of the new jail; and
WHEREAS, it is anticipated that the new jail will be completed
and operational in the 1993 -94 fiscal year during which the
$700,000.00 identified in the new tax base for operating expenses
for the new jail will be needed; and
WHEREAS, it is not anticipated that the jail operational funds
in the amount of $700,000.00 will be needed during the 1992 -93
fiscal year for operational costs of the jail; and
WHEREAS, the County's approved jail bond measure provides
$9,500,000.00 in general obligation bonds for the construction of
the new jail; now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, as follows:
Section 1. It is the policy, the Board of County
Commissioners to levy the $700,000.00 contained in the proposed tax
base, if it is approved, and those funds will be utilized for
expenses in the construction of the approved new jail. In
consideration of use of these funds in this manner, the general
obligation jail bonds in the amount of $9,500,000.00 will be
reduced to a maximum of $8,800,000.00.
DATED this /o day of March, 1992.
(114___
cording Secretary
BOARD OF
OF DE
UNTY COMMISSIONERS
S COUNTY, OREGON
HROOP 1Commis ioner
(4)1..(,U
NANCY
GEN, Commi-sioner
D "K MAU'LI , C airman
1 - RESOLUTION NO. 92 -021 (3/18/92)
—4WD
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