RESOLUTION No. 2005-69
(Loan funds from Various County Funds to Current Expense Fund)
BE IT HEREBY RESOLVED by the Board of County Commissioners of Skamania County, Washington, that the County Treasurer is directed to loan a total of $385,000 from the following funds and transfer said monies to the CURRENT EXPENSE FUND, (001.000.000); that these transactions shall be considered interfund loans from the various funds listed below to the
CURRENT EXPENSE FUND and are to be repaid from the first available funds, together with interest at 5.5%, not later than three (3) years from the date hereof.
LENDING FUND AMOUNT
1140.030 Counseling Center – Mental Health $ 90,000
1021.000 Cumulative Reserve Contingent Liability $ 75,000
1023.000 Cumulative Reserve Salary, Wages, and Benefits $ 50,000
3010.000 Capital Improvement Fund $170,000 TOTAL LOANS $385,000
PASSED IN REGULAR SESSION this ________ day of December, 2005.
BOARD OF COMMISSIONERS
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Chairman
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Commissioner
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Commissioner
ATTEST:
_____________________________ For_________
Clerk of the Board Against_____
Abstain_____
Absent______
APPROVED AS TO FORM ONLY:
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Prosecuting Attorney