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1992-41807-Minutes for Meeting December 02,1992 Recorded 12/14/199292-41507 R'111 43 EXCERPT FROM MINUTES DESCHUTES COUNTY BOARD OF COMMISSIONERS 92 DEC 14 (t. December 2, 1992 Chairman Maudlin called the meeting to order at 10 a.m. 21-00 rlERS members in attendance were: Dick Maudlin, Tom Throop and Nancy Pope Schlangen. Also present were: Rick Isham, County Counsel; Bruce White Assistant County Counsel; Patsy Hovick, Planner; Larry Rice, Public Works Director; and George Read, Planning Director. RESOLUTION 92-092 ACCEPTING JAIL BOND BIDS Before the Board was signature of Resolution 92-092 accepting a bid for the purchase of Deschutes County, Oregon General Obligation Bonds, Series 1992, and directing delivery and sale thereof. Rick Isham said the bid opening had been held in Portland that morning, and the lowest bid was from First Interstate Bank of Oregon. The true interest cost of the issue over its life was 5.7376%. He felt this was a very good interest rate and recommended acceptance. SCHLANGEN: Move adoption. THROOP: Second the motion. VOTE: THROOP: YES SCHLANGEN: YES MAUDLIN: YES DATED this day of , 1992, by the Board of Commissioners of Deschutes County, Ore n. TES Recording Secretary , commiss Nancy Pope/ SchlAngen, Commissibner is and in, Chairman