HomeMy WebLinkAbout133-07 - Res. Declaring Intent to Issue Bonds to Reimburse for Prior ExpendituresIl Y.J4J1..J'OJNJ ll�ON NO. ) 33
A RESOLUTION BY IF E 1BOAfl 07 Cc iN TY CO3/BL;SSSIO IRS
OF 1 SON COU YTY, WAS I 1 XC TOIL, DECLARING -I1-4',
COUTN Y' S I TE O ISSUE BONDS TO RE t k LIRURSE PRTOR
_XP ND- i JRES
WHEREAS, the intemaRevenue Code of 1
iment to issue tax-exempt bonds to reimburse the m
.
ex Den�� ft-a res are �� ncurre
asfo
Now,
t
lows:
he
efore, be it
ved by the Boa
986 reepires hat a municipa
nisi �a11�ty for prior expendit
Ity declare i is
ores before the
d of County Commissione_As of V
asor County
The County reasonably expects to reimburse the fa, ow -,i g expenditures with the
proceeds oar bonds to be issued by tie County:pproxima rely $800,000.00 interhff fnanciiig for
he Rus ilewood Was -ewater PLant Upgrade. The County expects to issue appproximayeyy
$83 a,000.00 principal arnour_t of bonds for this project. The expend tres to be :eimbursect
bond proceeds wi be made from the REET 2 (351OOOOOO) f urtddo
fomla
ADOPTED by the Board of County Commissioners of ?Lasor Coutnty, Washington at a
regular meeting held on Decemeber 11, 2007
ATTES
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eta ,ezc>
Rebecca S. Rogers, Clerk of the Board
APPROV HD AS rI • FORM:
,puty ' ose 'W' ' om
BOARD OF COUNTY COMMISSIONERS
IV g SOTS COUN _ Y, W SHI GTON
Lynda g Erickson, C
I S
Tim Sheldon, Commissioner
Ro s Gallagher, Co
0
1ssioner
.i:"RFSOI1U TIONS\2007\Reimburrsement Resolution (Rustlewood Project).doc