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Jefferson County
BOARD OF COUNTY COMMISSIONERS
Port Townsend, Washington 96366
. Phone (206) 385-2016
LARRY W. DENNISON, DISTRICT 1
B,G. BHOWN, DISTRICT 2
GEORGE C. BROWN, DISTRICT 3
RESOLUTION NO. 11-90
A RESOLUTION COMMITTING TO THE REPAYMENT OF' LOAN, STATE OF WASHINGTON,
WASHINGTON STATE WATER POLLUTION REVOLVING LOAN FUND (SRF),
WHEREAS, the State of Washington has established a revolving loan program
to address and correct water pollution problem state wide, and
WHEREAS, said fund may be utilized to address identified non-point pollution
problems, and
WHEREAS, Jefferson County, over the past three years, has actively been
identifying and correcting non-point pollution problem, and
WHEREAS, Jefferson County has secured a grant to continue on with and
expand its program of identifying water qua~ity problems, and
WHEREAS, assistance to individuals, particularly the low income, it:> required
if correction of water quality problems is to be accomplished, and
WHEREAS, Jefferson County has applied for and received loan approval from
SRF to provide financial assistance in the correction of non-point pollution
problems, primarily septic repair and agricultural practices, and
WHEREAS, the SRF loan requires commitment of repayment, and
WHEREAS, There will, in all likelihood be a lag between the time payment is
due from SRF and when Jefferson County will receive payment from funds re-
loaned,
NOW THEREFOR BE IT RESOLVED, that Jefferson County does hereby commit
that portion of its current expense budget necessary to repay SRF as per
the repayment schedule established in the loan agreement,
BE IT FURTHER RESOLVED, that all SRF loan funds will be paid in full within
ten (10) years from the effective date of tht:: final loan agret::ment.
APPROVED AND ADOPTED this / L,,¿-f.- day
of de.. J:~::;;O%OUNTY . 1990,
BOARD OF COMMISSIONERS
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Chairman
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Clerk of the Board
Lorna Delaney
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B.G. Brown, Member
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