2005-845-Resolution No. 2005-091 Recorded 6/28/2005VIEWEN
LEGAL COUNSEL
DESCHUTES COUNTY OFFICIAL
NANCY BLANKENSHIP, COUNTY
COMMISSIONERS' JOURNAL
IIIIIII III III I
IIIliill III III
2005-84
CLERKDS rr �n�e■p�5
06/28/2005 04:40:37 PM
For Recording Stamp Only
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution Canceling the Loan
of $250,000 by the Fair & Expo Center
Fund from the Business Loan Fund,
and Directing the County Treasurer
to Make Appropriate Entries
*
* RESOLUTION NO. 2005-091
WHEREAS, it is not necessary for the Fair & Expo Center Fund to repay a loan of $250,000
made by the Business Loan Fund pursuant to Resolution No. 2001-026; and
WHEREAS, the Business Loan Fund has sufficient resources to cancel the loan and accrued
interest by the Fair & Expo Center Fund; now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
COUNTY, OREGON, as follows:
Section 1. That the Deschutes County Finance Director is hereby authorized to cancel the
loan in the aggregate amount of TWO HUNDRED FIFTY THOUSAND DOLLARS ($250,000) plus
accrued interest, loaned by the Business Loan Fund (105) to the Fair & Expo Center Fund (618)
pursuant to Resolution No. 2001-026.
Section 2. That the Treasurer is hereby directed to make such entries in the records of the
County for the fiscal year 2004/05 as are necessary to reflect these transactions.
DATED this 29th Day of June 2005.
ATTEST:
6m4�- &4.tA—
Recording Secretary
BOARD OF COUNTY COMMISSIONERS
OF DESCHUTES COUNTY, OREGON
Tom De , Chair
Dennis R. Luke, Commis .oner
is ael M. Daly, Co issioner
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