1998-31750-Resolution No. 98-089 Recorded 6/30/1998168 1309
REVIEWED - -i
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LEGA
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution Authorizing the Borrowing of
$95,771 by the Fairgrounds Bond Redemption
Fund From the Fairgrounds Construction Fund *=
Providing for Repayment, and Directing the *
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County Treasurer to Make Appropriate Entries. *
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RESOLUTION NO. 98-089
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WHEREAS, the Fairgrounds Bond Redemption Fund borrowed $95,771 purs1aw to"Wesolution
No. 98-037 to meet debt service payments for June 1, 1998; and
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WHEREAS, it is necessary to extend the repayment of the interfund loan to the next fiscal year
in accordance with ORS 294.460(1) and the approved FY 1998-99 Deschutes County Budget; now,
therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
COUNTY, OREGON, as follows:
Section 1. The loan described in Resolution No. 98-037 in the principal amount of ninety-
five thousand seven hundred seventy-one dollars ($95,771) is to be repaid to the Fairgrounds
Construction Fund in accordance with the adopted FY 1998-99 Deschutes County Budget.
Section 2. That the Treasurer is hereby directed to make such entries in the records of the
County for the 1997-98 fiscal year as are necessary to reflect these transactions.
DATED this 30" day of June, 1998.
ATTEST:
Recording Secretary
I - RESOLUTION 98-089 (6-30-98)
BOARD OF COUNTY COMMISSIONERS OF
LINTY, jOREGON
NANCY E S HLANGEN, Chair V
1 _ v MICRROFIL ED
JUL 2 9 1998
RdUCRT L. NIPPE , C issioner
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L_Lfi,UA_L. SWEA INGEN, Commissioner_zY`r�'30-KE:,_,
JUL 2 1,998