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RESOLUTION NO. 31-84
A RESOLUTION PROVIDING FOR A LOAN
FOR THE NECESSARY OPERATION OF THE
SOLID WASTE DEPARTMENT
WHEREAS, the present financial condition of the Solid Waste
Department Fund precludes the operation thereof without borrowing; and
WHEREAS, Engrossed House Bill No. 248, Section 1, adopted 1971
First Ex. Session, in accordance with the provisions of RCW 36.40,
permits borrowing when used for a specific purpose, which in this
instance shall be the necessary operation of the Solid Waste Depart-
ment, and the net amount needed for the said purpose is the sum of
$ 75,000.00 now therefore,
IT IS HEREBY FOUND AND DECLARED that the public welfare, con-
venience and the uninterrupted public service provided by the Solid
Waste Department requires this Board of County Commissioners to proceed
in manner and form as herein determined, and that the sum of $
be borrowed from the County Road Fund, the same to be repaid in full
along with an interest payment of 8 per cent per annum, by December,
1985. PROVIDED, HO\ŒVER, that nothing shall prevent the sooner liqui-
dation of said loan if financially feasible.
IT IS HEREBY ORDERED, by the Board of Jefferson County
Commissioners that the County Treasurer be, and she is hereby authori-
zed and empowered, to transfer the amount of $75,000.00 from Road Fund
No. 1360, unencumbered balance, into the Jefferson County Solid Waste
Department.
ADOPTED this ,.:;21/i:: day of ~-/j:
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JEFFERSON COUNTY
BOARD OF COMMISSIONERS
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B.G. BROWN, MEMBER
SEAL:
J.L. PITTS, MEMBER
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