1995-15528-Order No. 95-086 Recorded 5/11/19959"L'-7-15528
BEFORE THE BOARD OF COUNTY COMMISSIONERS
ACTING AS THE GOVERNING
DESCHUTES COUNTY 911 COUNTY
REVIEWED
Rix)
OF DESCHUT
BODY OF THE
SERVIC1 SrTffcr 10, 'Q
Establishing the Retirement Reserve
Fund and Ordering Investments. * DORIP
ORDER NO. 95-086 0146-0208
WHEREAS, pursuant to Section 2 of Resolution No. 94-117, 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. 94-117, 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. 94-117.
Section 2. All funds contributed to the Retirement Reserve Fund
pursuant to Resolution No. 94-117 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. 94-117 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
911 COUNTY SERVICE DISTRICT
AT T: NANCY OPE ;CHI*NGEN,' CommissVner
Recording Secr tary RO RT L. NIPPER, Conifnissioner
PAGE 1 - ORDER NO. 95-086 (5/10/95)
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4vi�Y 1 � 1995 rri � 1995