1996-40505-Resolution No. 96-136 Recorded 10/21/19969C-10--05
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
ACTING AS THE GOVERNING BODY OF THE
SUNRIVER LIBRARY COUNTY SERVICE DISTRICT
96 OCT 21 PH 3' 20
A Resolution Establishing the Sunriver
Library Construction Fund and Sunriver * t . t`
Library Redemption Fund and Directing * „ CLERK
The County Treasurer to Invest Proceeds
From Sunriver Library Bonds. * �' ,r�.�`,.
RESOLUTION NO. 96-136 tj
WHEREAS, Deschutes County has authorized the sale of $1,145,000
General Obligation bonds to construct a new library in Sunriver; and
WHEREAS, it is necessary to invest the bond proceeds; and
WHEREAS, it is necessary to establish a special fund to account
for revenues and appropriations for the construction of the Sunriver
Library; and
WHEREAS, it is necessary to establish a special fund to account
for bond redemption for the Sunriver Library; now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE
SUNRIVER LIBRARY COUNTY SERVICE DISTRICT, as follows:
Section 1. That the Board of County Commissioners of Deschutes
County, Oregon, acting as the governing body of the Sunriver Library
County Service District, hereby directs the Deschutes County
Treasurer to invest proceeds from the Sunriver Library General
Obligation Bonds.
Section 2. That the Sunriver Library Construction Fund is
hereby established.
Section 3. That the Sunriver Library Redemption Fund is hereby
established.
DATED this day of 1996.
A T:
eii-Ecor ing Secretary
1 - RESOLUTION NO. 96-136
BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, ACTING AS
THE GOVERNING BODY OF THE SUNRIVER
LTARARY COUNTY SEi�ICE DISTRICT
EN,
T L. NIPPER, Coi
4:CR0FiLr^4[:)
issioner
sioner ���