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HomeMy WebLinkAbout95-118~; ~? . ~' . ,;; ~~'St)lufi0n ~~,'~~. 95-118 RESOLUTION APPROPRIATING A LOAN OF FUNDS TO COUNTY SERVICE AREA NO. 1.64 BUTTE COUNTY ANIMAL CONTROL DISTRICT WHEREAS, the Butte County Board of Supervisors, pursuant to Resolution No. ~5-82, established a County Service Area Revolving Loan Fund; and WHEREAS, Government Cade Section 25210.9c provides that a County may appropriate any of its available monies to such fund in an amount not to exceed $1,000,000, 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 ten 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 monies to County Service Area No. 164 -Butte County Animal Control District, an established County Service Area, to fund animal control services in the Chapman-Mulberry area. NOW, THEREFORE, BE IT RESOLVED by the Board of Supervisors of the County of Butte, State of California, as follows: 1. Five thousand dollars ($5,000.00} shall be disbursed from the Revolving Loan Fund to County Service Area No. 164 for the purpose of funding animal control services in the Chapman-Mulberry area. 2. The sum disbursed to County Service Area No. 164 shall be reimbursed to the Revolving Loan Fund according to authorized statutes. 3. County Service Area No. l64 shall also reimburse the Revolving Loan Fund for interest at a rate per annum equal to that earned by the County on similar types of investments, as determined by the County Treasurer. PASSED AND ADOPTED by the Board of Supervisors of the County of Butte, State of California, on the 2 9th day of August 1995, by the following vote: AYES: Supervisors Meyer, llolan, Houx, Thomas and Chair McLaughlin. NOES: None ABSENT: None ABSTAIN: None ATTEST: ED MCLAUGHLIN~ hairman of the Butte County Board of Supervisors JOHN S. BLACKLOCK, Chief Administrative Officer and Clerk of the Board of Supervisors By: ; . CierklDeputy