HomeMy WebLinkAbout67-95 - Res. Interfund Loan for Vehicle Purchase RESOLUT I ON NO
INTERFUND LOAN
WHEREAS, the Mason County Commissioners needed to purchase a
new vehicle ; and
WHEREAS, the Commissioners did not have the necessary
capital to purchase the vehicle; and
WHEREAS, the Equipment Rental and Revolving Fund is able and
willing to finance the purchase of a new vehicle;
NOW, THEREFORE , BE IT RESOLVED by the Board of County
Commissioners that an interfund loan for the purchase of a
vehicle be established as follows :
FROM: EQUIPMENT RENTAL AND REVOLVING FUND
TO: COMMISSIONERS DEPARTMENT/CURRENT EXPENSE FUND
TERMS: ANNUAL INTEREST RATE : 8 . 5%
PRINCIPAL AMOUNT: $15,368
DURATION: FIVE (5 ) YEARS
DEBT REPAYMENT: $364. 99 MONTH
PURPOSE : PURCHASE OF A VEHICLE
APPROVED this 1day of July, 1995 .
BOARD OF COUNTY COMMI qSIORS
William 0. H ter , Chairperson
M. L . Faughe der , Commissioner
e
Mary o Grady, Com rss
ioner
ATTEST:
Z
Clerk of the Board
APPROVED AS TO FORM:
G ef . - Prosecuting Attorney
C . E R&R ; Commissioners; Central Services/Admin.
Accounting ( 2) ; Treasurer
VEHICLE LOAN
COMMISSIONERS
PURCHASE DATE 6/95 PRICE 15,368.00
TERMS: 5 Yrs. 8.5% int.
1995 1998
1536.78 653.16 3073.56 1306.32
PRINCIPALINTEREST PAID RECEIPT # PRINCIPALINTEREST PAID RECEIPT #
JIR.Y 256.13 108.86 JAN 256.13 108.86
AW 256.13 108.86 FED 256.13 108.86
SEPT 256.13 108.86 MAR 256.13 108.86
OCT 256.13 108.86 APR 256.13 108.86
NOV 256.13 106.86 MAY 256.13 108.86
DEC 256.13 108.86 JUN 256.13 108.86
DULY 256.13 108.86
AU6 2%.13 108.86
19% SEPT 256.13 108.86
3073.56 1306.32 OCT 256.13 108.86
PRINCIPALINTEREST PAID RECEIPT #NOV 256.13 108.66
JAN 256.13 108.86 DEC 256.13 108.86
FEB 256.13 108.66
MAR 256.13 108.86 1999
APR 256.13 108.86 3073.56 1306.32
MAY 2`.,6.13 108.86 PRINCIPALINTEREST RAID RECEIPT
JUN 256.13 108.86 JAN 256.13 106.86
JUL 256.13 108.86 FED 256.13 108.86
AU6 256.13 108.86 MAR 256.13 108.86
SEP 256.13 108.86 APR 256.13 l(O.86
OCT 256.13 108.86 MAY 256.13 108.86
NOV 2%.13 108.86 JUN 256.13 108.86
DEC 256.13 108.86 DULY 256.13 108.86
AU6 256.13 108.86
1997 SEPT 256.13 108.66
3073.56 13%.32 OCT 256.13 108.86
PRINCIPALINTEREST PAID RECEIPT #NOV 256.13 108.66
JAN 256.13 108.86 DEC 256.13 108.86
FEB 256.13 108.86
MAR 256.13 108.86 2000.00
APR 256.13 108.86 1536.78 65d.16
MAY 256.13 108.86 PRINCIPALINTEREST PC D RECEIPT #
JUN 256.13 108.86 JAN 256.13 108.86
JUL 2%.13 108.86 FEB 256.13 108.66
Ali6 256.13 108.86 MAR 256.13 106.86
SEP 256.13 108.66 APR 256.13 108.86
OCT 256.13 108.86 MAY 256.13 106.86
NOV 256.13 108.86 JUN 256.13 108.86
DEC 256.13 108.86 AL 256.13 U6.86