HomeMy WebLinkAbout83-94 - Res. Interfund Loan Assessor RESOLUTION NO C3J- / C/
INTERFUND LOAN
WHEREAS, Mason County Assessor needed to purchase three new
vehicles ; and
WHEREAS, the Assessor did not have the necessary capital to
purchase the vehicles; and
WHEREAS, the Equipment Rental and Revolving Fund is able and
willing to finance the purchase of these new vehicles;
NOW, THEREFORE, BE IT RESOLVED by the Board of County ,..,
Commissioners that an interfund loan for the purchase of iicL
vehicleabe established as follows:
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FROM: EQUIPMENT RENTAL AND REVOLVING FUND
TO: MASON COUNTY ASSESSOR
TERMS: ANNUAL INTEREST RATE: 6. 75%
PRINCIPAL AMOUNT: $40.040
DURATION: FIVE (5) YEARS
DEBT REPAYMENT: $802. 45 PER MONTH
PURPOSE: PURCHASE OF A VEHICLE
APPROVED this 16th day of August , 1994 .
BOARD OF COUNT COMMISSIONERS
Mary L . Faugh nder, hai person
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William 0. Hunter, Commissioner
Laura E . Porter, Commissioner
ATTEST:
C erk of the Board
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PPO�EDI � TO FORM:
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Chief Deputy Prosecuting Attorney
c: Auditor (2) ; Assessor; ER&R; Central Services/Admin. ; Treasurer