2014-440-Resolution No. 2014-114 Recorded 9/4/2014 REVIEWED NANCYUBLANKENSHIP,OFFICIAL
COUNTY CLERK
RECORDS Cj 201��440
COMMISSIONERS' JOURNAL 09/04/2014 04:41:56 PM
LEGAL COUNSEL UUIIIIIIIIIIIWIIII
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
ACTING AS THE GOVERNING BODY OF THE COUNTYWIDE LAW ENFORCEMENT
SERVICE DISTRICT(DISTRICT 1)
A Resolution Forgiving and Cancelling That
Promissory Note dated November 22, 2010 and * RESOLUTION NO. 2014-114
Further Identified as DC 2010-730
WHEREAS, the Governing Body for the Countywide Law Enforcement Service District(District 1) did
loan Deschutes County the sum of EIGHT HUNDRED AND FORTY SEVEN THOUSAND FORTY EIGHT
and 55/100ths Dollars ($847,048.55) to enable Deschutes County to undertake certain capital improvements to
the Sheriff's offices and the Deschutes County Jail; and
WHEREAS, the loan was documented by and subject to a Promissory Note dated November 22, 2010,
identified as DC 2010-730 and attached hereto as Exhibit 1; and
WHEREAS, the capital improvements having been completed do provide direct functional and
operational value to District I; and
WHEREAS, it appearing that it is equitable and appropriate to forgive and cancel the Promissory Note
identified as DC 2010-730, now therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
COUNTY, OREGON, ACTING AS THE GOVERNING BODY OF THE COUNTYWIDE LAW
ENFORCEMENT SERVICE DISTRICT(DISTRICT 1), as follows:
Section 1. Promissory Note. The Promissory Note dated November 22, 2010, identified as DC 2010-
730 and attached hereto as Exhibit 1 is forgiven and cancelled.
Section 2. Effective Date. This Resolution shall be effective upon adoption.
PAGE I OF 2- RESOLUTION NO.2014-1 14
BOARD OF COUNTY COMMISSIONERS
OF DESCHUTES COUNTY, OREGON, ACTING AS
Dated this 2-7e'r of at d 201(74 THE GOVERNING BODY OF THE COUNTYWIDE
LAW ENFORCEMENT SERVICE DISTRICT
(DISTRICT 1)
TAMMY BA EY, Chair
-62474-190ve-171-&---
ANTHONY DEBONE, Vice Chair
ATTEST:
(6TUAL (13X'11- t alet44-
Recording Secretary ALAN UNGER, Commissioner
PAGE:2 OF 2-RESOLUTION NO. 2014-1 14
Wayne Lowry
From: James Ross
Sent: Monday,July 28, 2014 11:04 AM
To: Wayne Lowry
Cc: Larry Blanton
Subject: RE: LED#1 loan
I spoke with the Sheriff this morning regarding the Loan. Since loan was for work done in the Jail (Tax District 1), he
doesn't feel it needs to be repaid. Just tell us what we need to do on our end?
Jim
Original Message
From: Wayne Lowry
Sent: Monday,July 28, 2014 10:47 AM
To:James Ross
Subject: LED#1 loan
I spoke with Jeanine about the $847,000 loan from LED#1 to fund 456. After additional review, she concurs that this
loan was not part of the preiminary work done on the$40M jail expansion concept. Let me know once you are able to
confirm with Larry that this amount will not be repaid so we can get the accounting and reporting to reflect that.
Thanks
Wayne Lowry, CPA I Finance Director
Deschutes County
1300 NW Wall St., Ste. 200 I Bend, Oregon 97701-1906
Office: (541) 388-6559 Cell: (541)788-0093 Wayne.Lowry @deschutes.org
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