1992-38912-Order No. 92-129 Recorded 11/16/1992REVIEWED
LE . COUNSEL
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY -,----OREGON,
An Order Authorizing
and Directing the * -
Investment of Funds. * r�
92-39 2
ORDER NO. 92-129 019` - 84
WHEREAS, the Community Development Department ("CDD") of Deschutes
County maintains a fund with the Deschutes County Treasurer where
income is deposited and from which expenses are paid; and
WHEREAS, from time to time cash balances within the fund are in
excess of requirements; and
WHEREAS, said funds may not be invested 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 excess revenue balances in the CDD
Revenue Fund in a legal investment. All interest income shall be
credited to the fund.
DATED this 10th day of November, 1992.
AT ST:
Recording Secre ary
BOARD OF C UNTY COMMISSIONERS
OF DESCH S COUNTY, OREGON
P ,j/,Cbnmi s s
/ 1&j4&1 �-- 1SZ "G 1VU-A!h--
NANCY POPt SChi GEN, Commissi er
44DLIN,hairman
1 - ORDER NO. 92-129 (11/10/92)