2017-34-Minutes for Meeting May 15,1985 Recorded 2/23/2017EXCERPT OF MINUTES
MAY 15, 1985
2:30 p.m.
Consideration of Purchase Chairman Tuttle reconvened the
Agreement for Warrant regular Board meeting at 2:30 p.m.
Sale
Helen Rastovich, Deschutes County
Treasurer, reported that she had
contacted three banking institu-
tions for the purpose of acquiring
quotes on the sale of $1,500,000
in Warrant vouchers. She stated
that she has received quotes from
United States National Bank of
Oregon and First Interstate Bank
(See attached). Oregon Bank did
not provide a quote, however did
respond with a letter of engagement
describing terms and conditions of
service (See attached).
Ms. Rastovich presented a overview
of the quotes and recommended the
contract be awarded to First
Interstate Bank which provided the
lowest bid and best proposal for
the sale of the Warrants.
MOTION: PRANTE moved to authorize
County Treasurer Helen
Rastovich to enter into a
Warrant Purchase Agree-
ment or letter of
acceptance with First
Interstate Bank.
TUTTLE: Second.
VOTE: TUTTLE AND PRANTE
APPROVED
MAUDLIN ABSENT
D .S`HUTES COUNTY BOARD OF COMMISSIONERS
LAURENCE A. TITTLE , CMAI RMAAN`
'LOIS BRISTOW PRANTE, COMMISSIONER
DICK MAUDLIN, COMMISSIONER
BOCC:kbw
DESCHUTES COUNTY OFFICIAL RECORDS r} 1017.34
NANCY BLANKENSHIP, COUNTY CLERK Cl/
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COMMISSIONERS' JOURNAL 02/23/2017 11:51:58 AM
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EXCERPT OF MINUTES
MAY 15, 1985
2:30 p.m.
Consideration of Purchase Chairman Tuttle reconvened the
Agreement for Warrant regular Board meeting at 2:30 p.m.
Sale
Helen Rastovich, Deschutes County
Treasurer, reported that she had
contacted three banking institu-
tions for the purpose of acquiring
quotes on the sale of $1,500,000
in Warrant vouchers. She stated
that she has received quotes from
United States National Bank of
Oregon and First Interstate Bank
(See attached). Oregon Bank did
not provide a quote, however did
respond with a letter of engagement
describing terms and conditions of
service (See attached).
Ms. Rastovich presented a overview
of the quotes and recommended the
contract be awarded to First
Interstate Bank which provided the
lowest bid and best proposal for
the sale of the Warrants.
MOTION: PRANTE moved to authorize
County Treasurer Helen
Rastovich to enter into a
Warrant Purchase Agree-
ment or letter of
acceptance with First
Interstate Bank.
TUTTLE: Second.
VOTE: TUTTLE AND PRANTE
APPROVED
MAUDLIN ABSENT
HUTES COUNTY BOARD OF COMMISSIONERS
LAUR J CEA. T1 TLE, C AIRMAN
LOIS BRISTOW PRANTE, COMMISSIONER
DICK MAUDLIN, COMMISSIONER
BOCC:kbw