RESOLUTION No. 2006-64

 

                            (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 $800,000 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                                                                               LOAN  AMOUNT

            1027.000.000  CUMULATIVE RESERVE LOAN FUND                            $500,000

            1400.000.000  COUNTY ROAD FUND                                                       $300,000

                                                                                                                                   $800,000

 

PASSED IN REGULAR SESSION this ________ day of December, 2006.

 

 

                                                                                    BOARD OF COMMISSIONERS

                                                                                    SKAMANIA COUNTY, WASHINGTON

 

 

                                                                                    ___________________________________

                                                                                    Chairman

 

 

                                                                                    ___________________________________

                                                                                    Commissioner

 

 

                                                                                    ___________________________________

                                                                                    Commissioner

ATTEST:

 

_____________________________                                                                          For_________

Clerk of the Board                                                                                                     Against_____

                                                                                                                                    Abstain_____

                                                                                                                                    Absent______

APPROVED AS TO FORM ONLY:

 

_____________________________

Prosecuting Attorney