HomeMy WebLinkAbout86-92 - Res. Mason County Convention Center and Public Works Interfund Loan RESOLUTION 86-92
WHEREAS, the Mason County Convention Center and the Department
of Public Works Equipment Rental and Revolving Fund have agreed to
an inter-fund loan to purchase equipment; and,
WHEREAS, this inter-fund loan is necessary for the acquisition
of equipment and that the timely repayment of the loan is required
by law; and,
WHEREAS, the amount of the loan is $15 , 887 . 00; the interest
rate is 6 . 00o per annum; and,
WHEREAS, the repayment schedule is as follows :
1992 $3 , 012 .29
1993 $3 , 094 . 66
1994 $3 , 185 .25
1995 $3 , 284 . 91
1996 $3 , 394 . 54
1997 $3 , 515 . 13
NOW, THEREFORE, BE IT RESOLVED, that said inter-fund loan for
$15, 887 . 00 and the repayment schedule, as above stated, are
established between the Mason County Convention Center and Mason
County Department of Public Works, Equipment Rental and Revolving
Fund.
DATED this 25th day of August, 1992 .
BOARD OF COUNTY COMMISSIONERS
MASON_COUNTY, WASHINGTON
LAURA E. PORTER, Chair rson
WILLIAM 0. HUNTER, Commissioner
Resigned July 31, 1992
MICHAEL D. GIBSON, Commissioner
ATTEST:
Rebecca S . Rogers
lerk of the Board
i
APPROVED AS TO FORM:
Aii .
Michael Clift
Deputy Prosecutor
CC: E.R & R
Fair
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