1995-15527-Order No. 95-087 Recorded 5/11/1995REVIEWED
9� -352'7 �tAJvj
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES 6d6f&T _n,
ACTING AS THE GOVERNING BODY OF THE
DESCHUTES COUNTY EXTENSION AND 4-H C014A.`�$*V1I TRICT
Establishing the Retirement Reserve * a s _=sUL
Fund and Ordering Investments. * COUNTY UER
ORDER 95-087 0146-0207
WHEREAS, pursuant to Section 2 of Resolution No. 94-119, the Board
of County Commissioners has set aside funds which represent the amount
that the County would have contributed for certain employee
contributions but for the passage of ballot measure 8 at the November,
1994, general election; and
WHEREAS, pursuant to Section 2 of Resolution No. 94-119, it is
necessary to set up a special fund to account for such funds; now
therefore,
THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON,
ORDERS as follows:
Section 1. There is hereby established the Retirement Reserve
Fund which shall receive all amounts set aside pursuant to Section 2 of
Resolution No. 94-119.
Section 2. All funds contributed to the Retirement Reserve Fund
pursuant to Resolution No. 94-119 shall be invested as of the date the
funds are transferred to the fund.
Section 3. This order is effective January 31, 1995.
Section 4. This fund shall continue until the conditions set
forth in Resolution No. 94-119 have occurred.
DATED this 10th day of May, 1995.
BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, ACTING AS THE
GOVERNING BODY OF THE DESCHUTES COUNTY
EXTENSION AND 4-H COUNTY SERVICE
DISTRICT
124MI VJ441*(1'
BAR4Y H SLA4HGPTER, C4airman
ATT KANCYIPOPE SCHI4NGEN, Commissio er
Recording Secretary RO ERT L. NIPPER, i sioner oFpMED
tracR �.
11995 1P� 1 � 1�9�
PAGE 1 - ORDER NO. 95-087 (5/10/95)