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HomeMy WebLinkAbout92-08 - Res. Loan from Harstine Pointe Sewer & Water Fund to Harstine Pointe Water & Sewer DistrictRESW A JLLTON NO. q i a#08 DAN F RO1 MASON COT \7Y PIARS7 %j ?OW E SEWER & WAER Li UI\D ©0000-090 0 THE S^ENE POT= WA" KKR & S . \VE S` -RTC' ' WILHIE & A AS, the Hartstene Pointe Water & Sewer District needs interim financing until t receives its revenue; e dl.istnct WHEREAS, Mason County is able and willing to provide interim financing for the I [artstene Comte Water & Sewer District; X CDW THlER FORE B 7T RESOLVED, by the Mason County Board of County Commissioners that a loan for interim financing be established as follows: FROM: Mason County Harstene Pointe Sewer & Water Fund 410-000-000 TO: Hartstene Pointe Water & Sewer District _I YSo Annual Interest ' ate: 4.25% Principal Amount: 520,000 Duration of Loan: One (1) Year Debt Repayment: One Year Oslo Provide Interim Financing. ATTEST: ?ROVED this c�1ay of niy 2008. BOARD 07 COUN Y COMM ISSTONERS ocers im Sheldon, Chairperson (nl ti€./ �,ynda Ring Erickson, Co 'ssiouer oss Gallagher, Co s i ' oner eeet 0-2/74 Rebecca S. Rogers, Clerk of thetBoard C: Treasurer, Auditor/Financial Services, Budget & Finance, Utilities Waste Management, Hartstene Pointe Water & Sewer District, File