1992-26844-Order No. 92-093 Recorded 8/13/1992BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
REVIE - -
LiC;LLiVTwwJ7sL
�.—OREGON .
J"
12
An Order Authorizing
4 f
and Directing the * 92-26844"
Investment of Funds.
0119-0312
ORDER NO. 92-093
WHEREAS, Administrative School District #1 (District) has
deposited the sum of $308,000 with the Deschutes County Treasurer as a
cash bond for an improvement agreement related to MJP 92-2; and
WHEREAS, the District deposited said sum in lieu of completing
required improvements under the partition approval; and
WHEREAS, said funds may not be invested for the District's account
unless specifically authorized by the Board of County Commissioners;
now, therefore,
THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON,
ORDERS as follows:
Section 1. That the Deschutes County Treasurer is hereby
authorized and directed to invest the principal sum of $308,000 in a
legal investment for the benefit of Administrative School District #1,
so long as funds are on deposit with the Treasurer pursuant to that
certain improvement agreement entered into by and between the County
and the District relating to the major partition, MJP 92-2.
DATED this 12th day of August, 1992.
BOARD OF COUNTY COMMISSIONERS
OF DESCHJTES COUNTY, OREGON
Commissioner
AT S CY P .. CH GEN, Col
o ssioner
ecording ec etar D KMAMLIN, Chairman
HED
1 - ORDER NO. 92-093 (8/12/92)