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HomeMy WebLinkAbout91-075BOARD 000NTY. OF OF SUPERVISORS BUTTE, STATE CAF GALIFOFZNIA RESOLUTION APPROPRIATING MONIES TO COUNTY SERVICE AREA N0. 37 Re5olufion No.91-75 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 in an amount not to exceed $500,000; 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 the revolving fund until the Board of Supervisors has, by resolution, established a method by the term (not exceeding five years) within which 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 per annum received on similar types of investments, as determined by the County Treasurer; and WHEREAS, the Butte County Board of Supervisors has determined that there is a need to provide funds for unanticipated expenses incurred in County Service Area No. 37, Biggs-Gridley Ambulance, in fiscal year 1980-91. NOW, THEREFORE, BE IT RESOLVED by the Butte County Board of Supervisors that: 1. That $1,300.00 is to be disbursed from County Service Area Loan Revolving Fund to County Service Area No. 37, Biggs-Gridley Ambulance. 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 25th day of June, 1991, by the following vote: AYES: Supervisors McInturf, hicLaughlin, Fulton and Chair Dolan NOES: None ABSENT: None NOT DOTING: Supervisor Houx ,.~ ATTEST: OLAN, Chair, Butte County of Supervisors WILLIAM H. RANDOLP~ Chief Administrative Officer and Clerk of t Board of Supervisors By: