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HomeMy WebLinkAboutMINUTES - 07311990 - 1.58 ®�sa p^ TO BOARD OF SUPERVISORS FROM: PHIL BATCHELOR Cr 6,;40:1 h, �wt County Administrator a CW�f.I DATE: July 11, 1990 CW� �•� � SUBJECT: Transfer Oakley Fire Bond Fund Balance to Oakley Fire General Fund SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION: Direct County Auditor to transfer residual balance of the Oakley Fire District Bond Redemption Fund to the Oakley Fire District General Fund. REASON FOR RECOMMENDATION: General obligation bonds in amount o'f $40, 000 were issued for the Oakley Fire Protection District on February 19; 1957 . Final maturity of the bonds occurred on February 1 , 1977. Bond and interest obligations have been satisfied and there is amount of $367 . 12 remaining in: the bond fund which should be transferred to the operating fund. CONTINUED ON ATTACHMENT; .YES SIGNATURE: _ RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER _ SIGNATURE S : ACTION OF BOARD ON Af"PROVED AS RECOMME14DED OTHER VOTE OF SUPERVISORS 1 HEREBY CERTIFY THAT THIS IS A TRUE UNANIMOUS (ABSENT AND CORRECT COPY OF AN ACTION TAKEN AYES; - NOES: AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN. JUL 01 1990 cc: Administrator ATTESTED _ Auditor-Controller PHIL BATCHELOR, CLERK OF THE BOARD OF Oakley Fire District SUPERVISORS AND COUNTY ADMINISTRATOR M382/7-83 BY� �1' _,DEPUTY