1992-11489-Resolution No. 92-023 Recorded 4/13/199292 -11289
REV!EWED
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY;` "OREGON
A Resolution Authorizing the Issuance
and Sale of Bond Anticipation Notes,
Series 1992 in the Principal Amount
of Not More Than Nine Million Five
Hundred Thousand and No /100 Dollars
($9,500,000.00), and Related Matters.
RESOLUTION NO. 92 -023
92 APR I3 PM3:38
r /,, â– SUE PEN!HOLLO
COUNTY CLERK
011 1-'0040
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
COUNTY, OREGON, as follows:
Section 1. Deschutes County, Oregon (the "Issuer ") reasonably
expects to reimburse the expenditures described herein with the
proceeds of debt to be incurred by the Issuer (the "Reimbursement
Bonds ").
Section 2. This declaration of official intention is made
pursuant to Section 1.103 -18 of the Income Tax Regulations promulgated
by the United States Department of Treasury.
Section 3. The maximum principal amount of Reimbursement Bonds
expected to be issued is $9,500,000.00.
Section 4. The expenditures with respect to which the Issuer
reasonably expects to be reimbursed from the proceeds of Reimbursement
Bonds are for a new Deschutes County correctional facility.
DATED this /o.5 7 day of
Recording Secretary
, 1992.
BOARD OF C UNTY COMMISSIONERS
OF DESCHJJT S COUNTY, OREGON
UDLIN, Chairman
1,1:;: :.OFINED
4PR 2. +; I.1.q2,
KEYPU H tD
AP
1992