1993-05575-Resolution No. 93-009 Recorded 2/17/1993REVIEWED
LEGY COUNSEL
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution Establishing*M20--no V
the Video Lottery Fund. 93-05.575
RESOLUTION NO. 93-009
WHEREAS, ORS 461.546 provides that six percent of net video
lottery revenues are to be distributed to counties; and
WHEREAS, three percent shall be expended for gaming
enforcement, and three percent for community mental health.# programs
for gaming addictions; and 4
WHEREAS, Section 94, Chapter 461, Oregon Laws 1991,,w��t�aQfers
2.5 percent of the net receipts from video lottery,;` m" to
counties for economic development; and
WHEREAS it is necessary to establish a s ecia�.-%urid' to
account for revenues; now, therefore, 71? rw'F
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSION;'SRS OF
DESCHUTES COUNTY, OREGON, as follows:
Section 1. That the Video Lottery Fund is hereby established.
Section 2. That the Deschutes County Treasurer is directed to
deposit all monies received pursuant to ORS 461.546 and Section 94,
Chapter 461, Oregon Laws 1991 in the fund established by this
order.
Section 3. All funds deposited in the fund shall be expended
as provided in ORS 461.546 and Section 94, Chapter 461, Oregon Laws
1991.
Section 4. That the Treasurer is authorized and directed to
invest the amounts deposited in accordance with Section 2 of this
Resolution.
DATED this 10th day of February, 1993.
ATTEST:
BOARD OF COUNTY COMMISSIONERS
OF DESC#UTES COUNTY, OREGON
THROOPf Ohair
SgHLANGEN, Commis
)-y) -)79,
&1 "eQ Uv- A
Re ording Secretary B. H. SLAUGHTER, Commissio D
FE3
1 - RESOLUTION NO. 93-009 (2/10/93)