2012-103-Order No. 2012-015 Recorded 3/20/2012REVIEWED DESCHUTES DS
NANCY BLANKENSHIP, COUNTY CLERK 1~y 20~2'~Q3
COMMISSIONERS' JOURNAL 03/24/2012 10;56:40 AM
LEGAL COUNSEL 11111[iIIIIIIIIIIIIIIIIIIIIII)
103
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ALSO
ACTING AS THE GOVERNING BODY OF THE REDMOND LIBRARY COUNTY SERVICE DISTRICT
An Order Dissolving the Redmond Library
County Service District. * ORDER NO. 2012-015
WHEREAS, the Redmond Library County Service District ("District") was formed in 1994 for the
purpose of financing capital construction of library facilities in the City of Redmond, See Exhibit C to
INTERGOVERNMENTAL AGREEMENT RELATING TO THE TRANSFER OF ASSETS FROM
DESCHUTES COUNTY TO THE DESCHUTES PUBLIC LIBRARY DISTRICT, recorded in the Deschutes
County Commissioners Journals at Vol. CJ1999, Page 994, incorporated by reference herein; and
WHEREAS, the final payment on the District's bond will be completely paid as of June 1, 2012; and
WHEREAS, construction of the library facilities in the City of Redmond was completed and no further
construction payments will be issued; and
WHEREAS, the District has no other outstanding bond, coupon or other indebtedness, interest in real
property, uncollected taxes assessment or charges, personal property or any other assets; and
WHEREAS, because the library building construction is completed, all bond debt service and payments
are completed and the district has no assets or indebtedness, the district is no longer necessary for the purpose
for which it was formed; and
WHEREAS, it is estimated that the district will have, as of June 30, 2012, between $18,000 and $25,000
in surplus funds; and
WHEREAS, the Deschutes County Assessor must dispose of any District surplus funds in excess of the
$6,000 in Section 2 below in accordance with ORS 198.955(3)(a)or (b); and
WHEREAS, the costs to dissolve the District are for County Finance, Assessor and Legal Counsel staff
time to prepare this order, the costs of the governing body approving this order and the Assessor's and Tax
Collector's staff time disposing of any surplus funds, estimated to be a total of less than $6,000; and
WHEREAS, no other plan for dissolution is necessary except for disposition of surplus funds in
accordance with ORS 198.955(3); now, therefore,
THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ALSO
ACTING AS THE GOVERNING BODY OF THE REDMOND LIBRARY COUNTY SERVICE DISTRICT
HEREBY ORDERS as follows:
Section 1. The Redmond Library County Service District is dissolved as of June 1, 2012.
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Section 2. In accordance with ORS 198.955(3), the County Tax Collector shall deposit in the Deschutes
County General Fund $6,000 of any District surplus funds.
Section 3. The Deschutes County Assessor shall dispose of any District surplus funds in excess of the
$6,000 in accordance with ORS 198.955(3)(a)or (b).
Dated this 19th Day of March, 2012
BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, ALSO ACTING
AS THE GOVERNING BODY OF THE REDMOND
LIBRARY COUNTY SERVICE DISTRICT
- dz-fl& -
ATTEST:
(Recording Secretary
ANTHONY DEBONE, Chair
ALAN UNGER, Vice Chair
TAMMY B
, Commi 'oner
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