29-136-Resolution Recorded 10/17/197829 %436
IN THE BOARD OF COUNTY COMMISSIONERS
STATE OF OREGON, DESCHUTES COUNTY
In the Matter )
of )
Issuance of Industrial Development )
R E S O L U T I O N
Revenue Bonds by the State of Oregon
for Sunriver Properties, Inc., located )
in Deschutes County }
WHEREAS, Chapter 280 of Oregon State Law provides for a cooperative process
regarding the issuance of certain industrial development revenue bonds by the State
Treasurer's Office; and
WHEREAS, Sunriver Properties, Inc., currently operates destination resort
facilities consisting of convention and recreational facilities; and
WHEREAS, Sunriver Properties, Inc., has plans to develop and build new golf
course facilities at Sunriver, Oregon; and
WHEREAS, this planned expansion will have a beneficial impact on economic
growth, diversification and employment in Deschutes County; and
WHEREAS, ORS 280.330 requires that the undertaking of any eligible project
for industrial development revenue bond financing must be requested by official action
of the governing body of the County in which the project will be located; and
WHEREAS, the County Court desires to take such action as is required to permit
and encourage the undertaking of this planned expansion project of Sunriver Properties,
Inc.; and
WHEREAS, the County Court certifies that the project is within Deschutes
County planning jurisdiction and is consistent with the State of Oregon statewide
goals and guidelines as adopted by the Land Conservation and Development Commission.
NOW, THEREFORE, BE IT RESOLVED by the Deschutes County Court and it is hereby
resolved by authority of the same, that the undertaking of the Project by industrial
revenue bond financing pursuant to ORS 280.310 to 280.390 is determined to be in the
best interest of Deschutes County and its residents, and is hereby requested by the
governing body of Deschutes County.
The Deschutes County Board of Commissioners is hereby authorized and directed
to advise the Economic Development Commission and the State Treasurer of the official
action of this body requesting the undertaking of the proposed Project, and to take
all other and further action on behalf of Deschutes County that is necessary or
desirable in connection with such undertaking.
a 29 PACE 13?
Issuance of Industrial Development
Revenue Bonds for Sunriver Properties, Inc.
Page 2
ADOPTED BY OFFICIAL ACTION o the Board of County Co issioners of
Deschutes County this17-day of 1978.
BOARD OF COUNTY COMMISSIONERS
OF DESCHUTES COUNTY, OREGON