1992-29846-Minutes for Meeting August 26,1992 Recorded 9/3/1992,
92-29846 0'19-05005
EXCERPT FROM MINUTES
DESCHUTES COUNTY BOARD OF COMMISSIONERS
August 26, 1992 9 S1 —3 til= 14
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Chairman Maudlin reconvened the meeting at 3:30 p m %ti�lfcfln�rs
in attendance were: Dick Maudlin, Tom Throop and Nancy Pope
Schlangen. Also present were: Rick Isham, County Counsel; Bruce
White, Assistant County Counsel; and Brad Chalfant, Property
Manager.
RESOLUTION 92-070 AUTHORIZING ISSUANCE AND SALE OF BOND
ANTICIPATION NOTES
Before the Board was signature of Resolution 92-070 authorizing the
issuance and sale of limited tax general obligation bond
anticipation notes, 1992 Series D, in the principal amount of not
more than $210,000.
Rick Isham said it would authorize the County Administrator to roll
the LID notes issued in March of 1992 by issuing a new note, and
the new notes would have the same maturity date as the $470,000
Series B notes for the LIDs which the County did this spring and
summer. There would be one bond issued for the LIDs, the interest
rate would be 3%, and U.S. National Bank would be buying the notes.
SCHLANGEN: I move signature of Resolution 92-070.
THROOP: I'll second the motion.
VOTE: THROOP: YES
SCHLANGEN: YES
MAUDLIN: YES
DATED this day of
Commissioners of Deschutes (
rTESecording Secretary
Zty, Oreg n.
`, 1992, by the Board of
ssioner
Nancy pdpelSchlangen, C#mmissioner
a in, C firman __: