1992-14697-Resolution No. 92-034 Recorded 5/6/1992REVIEWED
LEG Qx' CCJNS1
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES MUNTY, OREGON
A Resolution Establishing
the Jail Construction Fund.
92-1469'7
RESOLUTION NO. 92 -034
�32 M '' -6 PPS t: 59
0118 -0296
WHEREAS, Deschutes County has proposed the construction and
authorization of obligations for a new Deschutes County
Correctional Facility ( "Jail "); and
WHEREAS, funding for the Jail will be provided by general
obligation bonds; and
WHEREAS, it is necessary to establish a special fund to pay
jail construction expenses; now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, as follows:
Section 1. That the Jail Construction Fund is hereby
established.
Section 2. That the Deschutes County Treasurer is directed to
deposit all monies received from bond anticipation notes, general
obligation bonds, and transfers for Jail construction and expenses
in said fund.
Section 3. That the Treasurer is authorized and directed to
invest the amounts deposited in accordance with Section 2 of this
Resolution.
DATED this 4th day of May, 1992.
BOARD 0 COUNTY COMMISSIONERS
OF DE TES COUNTY, OREGON
HROOP
mmiss; oner
T:
ecording ecretary
NANCY POP
GEN, Commis
ICK MAUDLIN, Chairman
1 - RESOLUTION NO. 92 -034 (5/4/92)
loner
1 {t;CNEd
J,I�nQF� JrIED ff, r\ 1992.