Loading...
2000-1051-Resolution No. 2000-090 Recorded 12/19/2000VOL: CJ2000 PAGE: 1051 RECORDED DOCUMENT STATE OF OREGON COUNTY OF DESCHUTES *02000-1051 * Vol -Page Printed: 12/20/2000 14:54:34 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: Dec. 19, 2000; 2:10 p.m. Resolution (CJ) NUMBER OF PAGES: 1 Lv� 0--� 0,u,� MARY SUE PENHOLLOW KIE UN HED DESCHUTES COUNTY CLERK DE 0 2000 MICROFILMD 0EC 20,T12, 0 0 0 c�REVIEWED 16bb-105t BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES CO 'T,Y� .SEl A Resolution Authorizing the Borrowing of $170,000 By the Justice Courts Fund From the Sheriff's Law Enforcement Fund, Providing for Repayment, and Directing the County Treasurer to Make Appropriate Entries * * p� DEC 19 PH 10 * SQL i L * COUNTY CLERK RESOLUTION NO. 2000-090 WHEREAS, it is necessary that the Justice Court Fund borrow $170,000 to meet current obligations for fiscal year 2000-01; and WHEREAS, the Sheriff's Law Enforcement Fund has sufficient resources to make said loan to the Justice Courts Fund; now, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF' DESCHUTES COUNTY, OREGON, as follows: Section 1. That the Deschutes County Treasurer is hereby authorized to transfer funds, the aggregate not to exceed ONE HUNDRED SEVENTY THOUSAND DOLLARS ($170,000) from the Sheriff's Law Enforcement Fund to the Justice Courts Fund, as an operating loan pursuant to ORS 294.460, to be used for operating purposes for fiscal year 2000-01. Section 2. Said loan is to be repaid to the Sheriff's Law Enforcement Fund in fiscal year 2000-01, if there is sufficient cash in the Justice Courts Fund to allow repayment. If said loan is not repaid by June 30, 2001, the loan shall be budgeted for repayment in fiscal year 2001-02. Section 3. Interest shall accrue on the actual amount of the loan at the rate of 6.6% per annum and shall be paid at the time said loan is repaid. Section 4. That the Treasurer is hereby directed to make such entries in the records of the County for the fiscal year 2000-01 as are necessary to reflect these transactions. DATED this 13th day of December, 2000. BOARD OF COUNTY COM ISSI014ERS OF DES UTES CO ,OREGON inda L. SwearinjWh& air ATTEST: Dennis R. Luke, Commissio er Recording Secretary �TomDeWolf, Commissio r 1 - RESOLUTION NO. 2000-090