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HomeMy WebLinkAbout85-2034: O r .~: ^ ~r ^ s ~.r BOARD COF SUPERVISOC~S COUNTY OF BUTTE. STATE OF CALIFORNIA Resolution No. 85-203 RESOLUTION APPROPRIATING MONIES TO COUPITY SERVICE AREA N0. 96 4lHEREAS, the Butte County Board of Supervisors, pursuant to Resolutioh No. 75-82, established a County Service Area Loan Revolving Fund; and WHEREAS, Government Code Section 25210.9c°orovides that a County may appropriate any of its available monies to such fund in an amount not to exceed $500,000; and WHEREAS, laid Section 25210.9c further provides that said revolving fund shall be reimbursed from monies made available from a benefiting service area and that no sums shall be disbursed from the revolving fund unti.i the Board of-Supervisors has, 6y resolution, established a method by the term (not exceeding five years) with%n which the county service area is to reimburse the revolving fund, and specified that the service are also shall reimburse the funds for interest at the current rate per annum received on similar types of investments, as determined by th.e County Treasurer; and WHEREAS, the Butte County Board of Supervisors has determined that there is a need to provide funds to pay for unanticipated street linhting costs in County Service Area No. 96, Silvertree Subdivision Street Li.ahting and Storm Drainage, in fiscal year 1985-1986. NOW, THEREFORE, BE IT RESOLVED by the Butte County Board of Supervisors that: 1. That $250.00 is to be disbursed from County Service Area Loan Revolving fund to County Service Area No. 96, Silvertree Subdivision Street fighting and Storm Drainage District. 2. The sum disbursed to the above-referenced county service area shall be reimbursed to the County Service Area Loan Revolving Fund according to authorized statutes. PASSED AND A.DOPTEC by"the Butte County Soard of Supervisors this 17th day of December, 1985, by the following vote: AYES: Supervisors Dolan, McInturf, McLaughlin, Wheeler and Chairman Fulton NOES: None ABSENT: None NOT VOTING.: None I/ '~/~."~ i EN FULTO Chair'of t e Butte "County Board of Supervisors ATTEST: MARTIN J. NLCHOLS, Clerk. of the Board of Supervisors ~~ ~r.~a~o.~i ~pD~~~