1996-13580-Resolution No. 96-028 Recorded 4/11/19960152-1600
96-135SO
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution Establishing the Public
Safety Project Construction Fund and
the Jail Bond/Public Safety RedemptionR EWE®
Fund, Making Appropriations, and Direct-*
ing the Deschutes County Treasurer to
Invest Proceeds from the General * LEG COUNSEL
Obligation Bonds.
RESOLUTION NO. 96-028
WHEREAS, Deschutes County voters have authorized the issuance
of $14.4 million general obligation bonds for the construction of a
public safety complex which is to include a new juvenile detention
center, sheriffs offices, community corrections offices, and court
space; and
WHEREAS, it is necessary to establish a special fund to account
for revenues and to make appropriations; and
WHEREAS, it is necessary to establish a debt service/reserve
fund to account for the payment of principal and interest on the
general obligation bonds issued for the Public Safety Complex; and
WHEREAS, it is necessary to invest the proceeds from the
general obligation bonds; now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, as follows:
Section 1. That the
established.
Section 2. That the
hereby established.
Section 3. That the
the Public Safety Project
Budget:
Public Safety Project Fund is hereby
Jail Bond/Public Safety Redemption And is
Jaw
following appropriations be made,= w�ith4n
Fund in the 1995-96 Deschutes Cciiaty
2201
Office Supplies
$ 5,000
2331
Election Expense
25,000
2332
Advertising
5,000
2380
Education/Training/Travel
5,000
2381
Mileage Reimbursement
5,000
2391
Equipment Rental/Lease
10,000
2399
Refunds & Adjustments
250,000
2501
Professional Services
200,000
Total Materials & Services
$505,000
1 - RESOLUTION
NO. 96-028 ""4CROFILMED
-
MAYA�6
0152-1601
3625 Specialized Equipment $ 25,000
3652 New Construction 100,000
3656 Land Acquisition 500,000
Total Capital Outlay $625,000
5000 Contingency $100,000
Total Contingency $100,000
Section 4. That the Deschutes County Treasurer is authorized
and directed to invest proceeds from the general obligation bonds.
DATED this day of —41996.
BOARD OF COUNTY COMMISSIONERS
OF%DESCHUTES COUNTY,IOREGON
ATTEST:
Recording Secretary
2 - RESOLUTION NO. 96-028
NANCY POPEISGIANGEN, Chair
h��
BARR SLAUGHT R, Commissioner
R6BrRT L. NIPPER, Commissioner