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HomeMy WebLinkAbout75-09 - Res. Forgiveness of Interfund Loan from Reserve for Accrued Leave Fund to EmergencyREsoLUrroNNo. ffi FORGTVENESS OF INTERFUND LOAN RESOLUTION NO. 18-08 AI\ID AMEI\DED RESOLUTION NO. 14-09 FROM RESERVE FOR ACCRUED LEAVE FIIND TO EMERGENCY COMMUNTCATIONS SYSTEM (911) SALES & USE TAX FUNn WHEREAS, the Mason County Board of County Commissioners approved an interfund loan from Reserve for Accrued Leave Fund (a Current Expense funded Fund) #131-000-000 to the Emergency Communications System (9l l) Sales & Use Tax Fund #125-000-000 in the amount of $186,000.00 and; WHEREAS, it has been determined that there will not be funds available for repayment of the interfund loan from the Emergency Communications System (911) Sales and Use Tax Fund #125-000- 000 to the Reserve for Accrued Leave Fund #131-000-000 due to an inter-local agreement between Mason County and MACECOM that directs the transfer of revenue received by the Emergency Communications System (911) Sales and Use Tax Fund directly to MACECOM. THERFORE, be it resolved that the Board of Mason County Commissioners agree to forgive re-payment of the Interfund Loan from the Emergency Communications System (911) Sales and Use Tax Fund #125-000-000 to the Reserve for Accrued Leave Fund #131-000-000 in the amount of $186,000.00 plus accrued interest. APPROVED this lS, day of September,2009. BOARD OF COLINTY COMMISSIONERS G St+P-* AP VED Prosecuting Attorney urer, Accounting, E-911-Communications Fund file, Reserve for Accrued Lease Fund file Tim Shldon, Chair Gallagher, Commi ATTEST: