1993-14939-Resolution No. 93-037 Recorded 5/11/1993RI I E IED
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BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution Directing the
Deschutes County Treasurer
to Deposit Monies Received
from the 1993 Series B General*
Obligation Bonds into the Jail*
Construction Funds, nunc pro
tunc for April 29, 1993.
93-14939
RESOLUTION NO. 93-037
0126-0723
WHEREAS, Deschutes County has proposed the construction and
authorization of obligations for a new Deschutes County
Correctional Facility ("Jail"); and
WHEREAS, funding for the Jail will be provided by general
obligation bonds; and
WHEREAS, the Board sold $2,500,000 General Obligation Bonds
dated April 29, 1993; and
WHEREAS, it is necessary to account for interest and to pay
jail construction expenses from this issue; now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, as follows:
Section 1. That the Deschutes County Treasurer is directed to
deposit $1,000,000 received from the 1993 Series B General
Obligation Bonds into the Jail Construction Fund No. 1 and
$1,500,000 into the Jail Construction Fund No. 2.
Section 2. That the Treasurer is authorized and directed to
invest the amounts deposited in accordance with Section 1 of this
Resolution.
DATED this 5th day of May, 1993, nuc pro tunc for April 29,
1993.
BOARD OFqCOUNTY COMMISSIONERS
OF DE H TES COUNTY, OREGON
P,
A T: NA POPE C GEN;
Z
Recording Secretary BARRY H. STAUGH-TEIR, C
MAYA 11993
1 - RESOLUTION NO. 93-037 (5/5/93)
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MICROFILMED
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MAY 22 1993