HomeMy WebLinkAbout18-08 - Res. Interfund Loan from Reserve for Accrued Leave to Emergency Communications Systems (911)RESOLiTTI®N NO. o g
TINT ER11� UN J LOAN FROM RESERVE FOR ACCRUED LEAVE FUND TO EM ] RGENCV
COMMUNICATIONS SYSTEMS (911) SAI E S & USE TAX FUND
WHEREAS, S, Mason County enacted a 1 / 10 of
Communications (91 _ ) Systems; and
% sales tax for County Emergency
WE - ARE E kS, Masoli County will not receive the new sa
Reve_ue until June 2008, are d
es tax from the WA State Department of
W i'-I R, EAS, Mason County will need to pay expenses of County emergency Communications
(911) Systems dur*ng the first six months of 2008;
1 t1�W THERETO I. BE TT RESOLVED, by the Mason County loard of County
Commissioners that a interfund loan to the Emergency Communications Systems (911) Sales & Use Tax
Fund be established as follows
FROM°
TO:
Es` l S
PURPOSE:
APPROVE
ATTEST:
Reserve for Accrued T ,cave Fun
Emergency Communications Systems (911) Sales & Use Tax Fund
Annual Interest Rate: 11 r 2.4
$186,000
One (1) Year
Annual
rincipal Amount:
Duration of Loan:
Debt t epayment:
Interim Financing
3 Cchb
BO
day of Th1ebniiary 2008.
O F COUNTY COMMISSIONERS
s Imo
Tire . eldon, C h a
Rebecca S. Rogers, Clerk of the Board
APPROVE S TO
Monty Cobb
Qrvitai-- 1 t/vt
di Ring Erickson, Co
issioner
ss Gallagher, Commi- loner
orney
C: Treasurer, Budget & Finance, Theresia Ehrich, Diane Zoren, E-9
Accrued Leave iile
1 Communications file, Reserve for