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2008-701-Resolution No. 2008-057A Recorded 7/2/2008REVIE LEGAL OUNSEL DESCHUTES COUNTY OFFICIAL NANCY BLANKENSHIP, COUNTY COMMISSIONERS' JOURNAL 1111111111111111 Jill 11111111111 1 2008-701 CLERKDS Cd 2g_701 07/01/2008 08:21:27 ASI BEFORE THE GOVERNING BODY OF THE SUNRIVER SERVICE DISTRICT A Resolution authorizing the transfer of funds from Operating Fund (715) to the Capital Reserve Fund (716), and directing the District's Finance Director to make appropriate entries. * RESOLUTION NO. 2008-057 A 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 able to pay for acquired assets; and WHEREAS, the Operating Fund (715) has sufficient resources to make the transfer 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 THREE HUNDRED THIRTY FIVE THOUSAND DOLLARS ($335,000) from the Operating Fund (715) to the Reserve Fund (716) before June 30, 2008. 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 this Z� day of 2008. GOVERNING BODY OF THE SUNRIVER SERVICE DIS DENNIS R. LUKE, Chair ATTEST: Recording Secretary PAGE i OF 1— RESOLUTION NO. 2008-057 11020-034 315.doc