1992-12513-Resolution No. 92-029 Recorded 4/16/1992LEGAL COUNSEL
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY; - OREGON
A Resolution Authorizing Issuance *
of Bond Anticipation Notes,
Expenditures to be Repaid with
Reimbursement Bonds in the Amount *
of $470,000.00. 9242513
RESOLUTION NO. 92 -029
92 APP, 16 AH11: !9
;910' SUE f.,r
CQIJNTY CLERK
U '
0111-1613
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
COUNTY, OREGON, as follows:
Section 1. Deschutes County ( "Issuer ") reasonably expects to
issue bond anticipation notes in the amount of $470,000.00 and
reimburse the expenditures described herein with the proceeds of debt
to be incurred by the Issuer ( "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 the Treasury.
Section 3. The maximum principal amount of Reimbursement Bonds
expected to be issued is $470,000.00.
Section 4. The expenditures with respect to which the Issuer
reasonably expects to be reimbursed from the proceeds of Reimbursement
Bonds are for road improvements.
DATED this /51942 day of
, 1992.
BOARD OR COUNTY COMMISSIONERS
OF DESCHUTES COUNTY, OREGON
n
TOM ROOP,'� Commissioner
ATT •T: / / NANCY POPE
Recording Secretary
GEN; Commissioner
4e )7:2",,
11LIN, Cha rman
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1 1992