HomeMy WebLinkAbout88-023,• •.`?PZ,..
°' ~~~'~ r'~' , BARD OF SUPERVISORS _,
;* % ~~ ~' ^'}~ COUNTY OF BUTTE, STATE OF CALIFORNIA
~~4 `~"r .~''~ Resojufion No. 88-023
s'` Rs~~i
~+hl~iffiiit~t+~ RESOLUTION APPROPRIATIPJG MONIES TO
COUNTY SERVICE AREA NO.T.03
WHEREAS, the Butte County Board of Supervisors, pursuant to Resolution
No. 75-82, established a County Service Area Loan Revolving Fund; and
WHEREAS, Government Code Section 25210.9c provides that a County
may appropriate any of its available monies to such fund ~n an amount not
to exceed~$2>665.OU; and
WHEREAS, said 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 t11e revolving fund until
the Board of Supervisors has, by resolution, established a method by the
term (not exceeding five years) within ~~rhich the county service area is
to reimburse the revolving fund, and specified that the service area also
shall reimburse the funds for interest at the current rate perannum received
on similar types of irwestments, ds determined by the County Treasurer; and
WHEREAS, the Butte County Board of Supervisors has determined that
there is a need to provide funds for revenue not received in County Service
Area No. 103, Morris Subdivision, in fiscal year 7987-88.
NOW, THEREFORE, BE IT RESOLVED by•the Butte County Board of Supervisors
that:
1. That $185.00 is to be disbursed frorn County Service Area Loan
Revolving Fund to County Service Area No. 1.0.3, P4orris Subdivision.
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 ADOPTED by the Butte County Board of Supervisors this
23rd day of February, 1988, by the foilowi~g vote:
AYES: Supervisors Dolan, Fulton, McLaughlin, Vercruse and
Chairman McInturf
HUES: None
ABSENT: None
NOT VOTING: None
~> r
NASKEL A. MC INTO a1r
ATTEST: Butte County Board of Supervisors
P~~ARTIN J. NICHOLS, Clerk
of the B rd of Supervisors
Q.c_~-