1997-43040-Resolution No. 97-147 Recorded 11/13/199797-4304e0163-1010
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
ACTING AS THE GOVERNING BODY OF THE
SUNRIVER LIBRARY COUNTY SERVIC%gISTRICT
�
A Resolution Authorizing NOV 13 PM 3: 56 the Borrowin •
8
of $15,053.71 By the Sunriver Library CSD • 1 RY SU ;' .h;l 1QLLQ i1
Redemption Fund From the Sunriver Library CSD * COBT" C!. i-i;K
Construction Fund, Providing for Repayment, '
and Directing the County Treasurer to Make
Appropriate Entries •
RESOLUTION NO. 97-147
WHEREAS, it is necessary that the Sunriver Library CSD Redemption Fund borrow
$15,053.71 to meet debt service payments for December 1, 1997; and
WHEREAS, the Sunriver Library CSD Construction Fund has sufficient resources to meet
said payment in the Sunriver Library CSD Redemption Fund; 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 Deschutes County Treasurer is hereby authorized to transfer funds, the
aggregate not to exceed FIFTEEN THOUSAND FIFTY-THREE DOLLARS AND 71/100
($15,053.71) from the Sunriver Library CSD Construction Fund to the Sunriver Library CSD
Redemption Fund, to be used for debt service payments December 1, 1997.
Section 2. Said loan is to be repaid to the Sunriver Library CSD Construction Fund
immediately upon receipt of sufficient cash within the Sunriver Library CSD Redemption Fund to
allow repayment, but not later than June 30, 1998.
Section 3, That the Treasurer is hereby directed to make such entries in the records of the
County for the fiscal year 1997/98 as are necessary to reflect these transactions.
DATED this 12th day of November, 1997.
BOARD OF COUNTY COMMISSIONERS
OF DESCHUTES COUNTY, OREGON,
ACTING AS THE GOVERNING BODY OF
T E SUNRIVER LIBRARY COUNTY
RVICE DIST,R4,CT 1
AN(;XMYV SCHrANGIyN, Chair
ATTEST: RO�tR L. NIPPER, o issioncr }(EYP Lb
i199 cording Secretary INDA L. SW ARIN , Commissioner
I • RESOLUTION NO. 97-147