1993-11983-Resolution No. 93-030 Recorded 4/15/1993RFV I ,r -'m','6
93-119'e3 LEN ffIT111-rz-
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution Accepting a Bid for * 93 APR 1S PH 1: 02
the Purchase of Deschutes County, * L, z --
Ore on General Obligation Bonds * '
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1993 Series B, and Directing *�l
Delivery and Sale Thereof.
RESOLUTION NO. 93-030
0121-05 GO
WHEREAS, on the 14th day of April, 1993, bids were considered
during a special Board of County Commissioners meeting for the
purchase of $2,500,000.00 of Deschutes County, Oregon, General
Obligation Bonds, 1993 Series B ( "the Bonds") , to be dated April 1,
1993, and the Board of County Commissioners of the County having
met to consider said bids; and
WHEREAS, several bids having been received and considered,
copies of each of which are attached hereto, and the Board of
County Commissioners deems it desirable that the responsible bidder
offering to purchase said Bonds at the lowest true interest cost to
the County be accepted; now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, as follows:
Section 1. The Board of County Commissioners hereby finds and
determines that the bid of Lehman Brothers is the best bid received
for the purchase of the County's $2,500,000.00 General Obligation
Bonds, 1993 Series B, being the one with the lowest true interest
cost of 5.0746% per annum. That bid is hereby accepted and the
Bonds shall be sold and delivered to the bidder above named
pursuant to the Notice of Bond Sale.
DATED this 14th day of April, 1993..
BOARD OF COUNTY COMMISSIONERS
OF DE TES COUNTY, OREGON
( T gqHROOP hair
AT NAN PO E LA EN, Commi siorier
Recording Secretary B. H. SLAUGHTE , Commissioner
1 - RESOLUTION NO. 93-031 (5/19/93)