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2007-1285-Resolution No. 2007-080 Recorded 6/26/2007REVIEWED lz-�, LEGAL COUNSEL COUNTY OFFICIALel NANCYUTES BLANKENSHIP, COUNTY CLERKOS vo 2007'1285 COMMISSIONERS' JOURNAL , 111111111111111111111111111111111111111111 0611614M 03,0 A PM For Recording Stamp Only BEFORE THE GOVERNING BODY OF THE SUNRIVER SERVICE DISTRICT A Resolution Authorizing the transfer of funds from the Operating Fund (715) to the Capital Reserve * RESOLUTION NO. 2007-080 Fund (716) and Directing the District's Finance Director to Make Appropriate Entries. WHEREAS, it is necessary to transfer funds from the Operating Fund (715) to the Capital Reserve Fund (716) in order for the Capital Reserve Fund to pay for acquired assets; and WHEREAS, the Operating Fund (Fund 715) has sufficient resources to transfer funds to the Capital Reserve (Fund 716); now therefore, BE IT RESOLVED BY THE GOVERNING BODY OF THE SUNRIVER SERVICE DISTRICT as follows: Section 1. The Sunriver Service District Finance Director is hereby authorized to transfer funds, the aggregate not to exceed ONE HUNDRED SEVENTY THREE THOUSAND, EIGHT HUNDRED FIFTEEN DOLLARS ($173,815) from the Operating Fund (Fund 715) to the Capital Reserve Fund (Fund 716) not later than June 30, 2007. Section 2. That the Finance Director is hereby directed to make such entries in the records of the District for the fiscal year 2007-2008 as are necessary to reflect these transactions DATED thisa 4day of 12007. ATTEST: Nuu_u - &hl�'l Recording Secretary PAGE 1 of 1— RESOLUTION NO. 2007- 080 (06/20/07) 1.1020-034 307.doc GOVERNING BODY OF THE SUNRIVER SERVICE DISTRICT SUNRIVER SERVICE DISTRICT Managing Board Resolution to Request Approval to Transfer Operating Funds (Fund 715) to the Capital Reserve Fund (Fund716) 82007-004 Whereas the Sunriver Service District was created on June 12, 2002 by Order No. 2002-085 of the Deschutes County Commissioners, and. Whereas the Deschutes County Commissioners, acting as the Governing Board of the Sunriver Service District on June 26, 2002 in Agreement No. 2002-147 did specify that the Sunriver Service District (hereafter "District") provide law enforcement, fire prevention and protection services, emergency medical services including ambulance, security services by contract, and Whereas the Deschutes County Commissioners, acting as the Governing Body of the District on June 26, 2002 in the Memorandum of Understanding Contract No. 2002-201 and Agreement No. 2002-147 did delegate managing authority for the District to the District Managing Board (hereafter "Board" created within these documents, and Whereas it is necessary to transfer funds from the Operating Fund (715) to the Capital Reserve Fund (716) in order for the Capital Reserve Fund to be legally able to pay for acquired assets. Now, Therefore it is resolved by the Board that the Governing Body be requested to approve the transfer of the budgeted amount of $173,815 from the 2006-2007 Operating Fund (715) to the Capital Reserve Fund (716) not later than June 30, 2007. 7 Tom Gunn, Director Al Braemer, Director JDoris Brannan, Director Page 1 of 1 R2007-004