1994-04426-Resolution No. 94-011 Recorded 1/27/1994q4-04426
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES!
A Resolution Amending Section 1
of Resolution 94-003, nunc pro
tunc as of January 10, 1994.
RESOLUTION NO. 94-011 ()10- ,S ,,1 11 rr
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
COUNTY, OREGON, as follows:
Section 1. Section 1 of Resolution 94-003 is amended to read as
follows:
"That the County enter into a Municipal Lease Purchase
Agreement plus all schedules, exhibits and attachments
thereto, with United States National Bank of Oregon, as
Lessor (Lessor) and this County as Lessee covering the lease
of computer system, software, installation and incidental
costs (Project). Said agreement being dated the 14th day of
January, 1994, calling for rental amounts not exceeding in
the aggregate $783,598.63, plus interest at the rate of 5.38%
per annum, such agreement transacted under the provisions of
ORS 279.101, and such agreement containing a provision
indemnifying the Lessor against loss and expense incurred as
a result of interest income from the Lease becoming taxable,
or incurred as a result of the exclusion of any portion of
interest paid by Lessor which is currently deductible."
DATED this 26th day of January, 1994, nunc pro tunc as of January
10, 1994.
RD OF COUNTY COMMISSIONERS
DESCHUTES\COUNTY .l OREGON
WE
Y
, C
ATT T: TONS THROqP, Commissioner
Recording Secretary BARRY H. SLAUGHTER, Commissioner
APPROV
MICHAEL A. MAIER
Director of Administrative
Services
PAGE 1 - RESOLUTION NO. 94-011 (1/26/94)
m 9.1994