HomeMy WebLinkAbout70-15 - Res. Amending Res. 80-14 Payment of Interfund Loan from ER&R to Current ExpenseRESOLUTION NO. 41 ° — 0
AMENDING RESOLUTION 80-14
PAYMENT OF INTERFUND LOAN FROM ER&R TO CURRENT EXPENSE
WHEREAS, Resolution No. 80-14 was adopted by the Mason County Commissioners
on December 23, 2014 establishing an interfund loan from the Mason County Equipment Rental
& Revolving (ER&R) Fund to Current Expense in the amount of $348,672 to repay a vehicle
cash out;
WHEREAS, the Commissioners wish to modify the payment schedule to state payment
in full with accrued interest on June 1, 2016 rather than three annual installments;
NOW THEREFORE BE IT RESOLVED, by the Mason County Board of
Commissioners to modify the payment schedule in Resolution 80-14 to state payment in full with
accrued interest on June 1, 2016 rather than three annual installments.
APPROVED this 22nd day of December, 2015.
ST:
BOARD OF COUNTY COMMISSIONERS
MASON CO Y, WASHINGTON
Ra a y Neathe lin, Chair
Terri Jeffrey' , 1'•m � ssioner
N 4•1
Tim Sheldon, Commissioner
74/C.6"."-
Julie lmanzor, Clerk of the Board
-AS TO FORM:
Tim White ead, Chief Deputy Prosecuting Attorney
C: Auditor
Treasurer