2000-582-Resolution No. 2000-022 Recorded 3/24/2000VOL: CJ2000 PAGE: 582
RECORDED DOCUMENT
STATE OF OREGON
COUNTY OF DESCHUTES
DO NOT REMOVE THIS CERTIFICATE
(This certificate constitutes a part of the original instrument in accordance with
ORS 205.180(2). Removal of this certificate may invalidate this certificate and affect
the admissibility of the original instrument into evidence in any legal proceeding.)
I hereby certify that the attached instrument was received
and duly recorded in Deschutes County records:
DATE AND TIME:
DOCUMENT TYPE:
Mar. 24, 2000; 8:03 a.m.
Resolution (CJ)
NUMBER OF PAGES: 1
LV � 0'. , 't;-, �
MARY SUE PENHOLLOW
DESCHUTES COUNTY CLERK
KN ED
AP - 2000
7
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DES
A Resolution Amending Resolution 97-067 to
Change the Interest Rate for Assessments for
Local Improvements in the Agate LID.
RESOLUTION NO. 2000-022
REVIEWED
IS Ww
COUNSEL
"MAR 24 AM 8: 03
MARY SUF F,,- E OLLOw
COUNTY CLERK
WHEREAS, under Resolution 97-067, the Board imposed assessments for local improvements
on benefited properties, with an interest rate of nine percent; and
WHEREAS, as of February 23, 2000, the County secured permanent financing for those
assessments with a lower interest rate than the nine percent charged under Resolution 97-067, which
allows the County to reduce the interest rate that was set at the time the assessments were imposed; and
WHEREAS, it is necessary to amend Resolution 97-067 to effect the change in interest rates
and to allow the new interest rate to become of record in the Deschutes County deed records; now,
therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
COUNTY, OREGON, as follows:
Section 1. That, effective as of February 23, 2000, Section 5 of Resolution 97-067 is hereby
amended to change the interest rate charged on outstanding Agate LID assessment balances from 9
percent to 7 percent.
Section 2. That Finance Director Marty Wynne and/or his delegates are hereby authorized and
ordered to create, sign and record such documents as are necessary to make this interest rate change
become of record in the Deschutes County real property records as to the benefitted lots with
outstanding LID assessment balances.
Section 3. The change in interest rate shall become effective as of February 23, 2000.
N
DATED thi� day of March, 2000.
ATTEST:
P-01011w"al
Recording Secretary
BOARD OF COUNTY COMMISSIONERS FOR
DESCHUTES CO
A L.
, Chair
DI NNIS R. LUKE, Vice C air
TOM DEWOLF, Com ioner
PAGE 1 - RESOLUTION No. 2000-022 - (3/22/2000)