2007-1150-Minutes for Meeting September 21,1981 Recorded 6/20/2007COUNTY
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COMMISSIONERS' JOURNAL 06/20/2007 11;18;18 AM
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Deschutes County Clerk
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MINUTES OF A SPECIAL MEETING OF THE DESCHUTES COUNTY BOARD OF COMMISSIONERS
HELD SEPTEMBER 21, 1981, 10:00 A.M. REGARDING BONDS:
COMMISSIONER,PAULSON CALLED THE MEETING TO ORDER
Those present: Chairman Paulson
Commissioner Young
Richard Isham, County Counsel
Commissioner Shepard was ABSENT
Chairman Paulson indicated the only item of the meeting's agenda was
Resolution #81-070, Adopting the Official Statement Relating to the
General Obligation Bancroft Improvement Bonds Series 1981.
Richard Isham explained that in 1973 the legislature required for any issue
in excess of $3,000,000 that an official statement or prospectus be made
describing the issue and the financial condition of the County. That had
been amended for any issue, consequently, the County was required to adopt
an official statement relating to the Bond Issue. This issue is
$1,635,000 of General Obligation Bancroft Improvement Bonds for the purpose
of financing seven (7) LID projects and this adoption of the financial
statement is a required formality in the process in consideration of the
ordinance adopted last week.
YOUNG: Moved that they approve the Resolution #81-070
PAULSON: I second the motion. Any :discussion?
YOUNG: Question
Question called for from Commissioner Young.
Motion Carried.
There being no further business, the meeting was adjourned.
DESCHUTES COUNTY BOARD OF COMMISSIONERS
al~~ C
Robert C. Paulson, Jr., Chai
Al ert A.Young, C issi er
Clay C. Shepard, Commissioner