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HomeMy WebLinkAboutRESOLUTIONS - 09102004 - 71-406 IN THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, STATE OF CALIFORNIA In the Matter of Establishing ) Revolving Fund for Acquisition � of Real Property for Moraga ) RESOLUTION NO 71/406 Library, County Service Area } (Gov.0 . 25LO.90 ) LIB-12 (Fund No. 1041) . } ) The Board of Supervisors of Contra Costa County RESOLVES THAT: Pursuant to Government Code Section 25210.9c, 6tOOO be appropriated to establish a revolving Fund to be used for the acquisition of certain real property on St. Mary's Road, Moraga in connection with the proposed Moraga Library, County Service Area LIB-32 Disbursement of $6,000 from the County Service Area: LIB--12 revolving fund established by this resolution is AUTHORIZED, upon consummation of purchase of a library site on St. Mary's Road on June 15, 1971, upon the condition that said Service Area shall reimburse the revolving fund for said disbursement plus interest at six percent (b ) from tax revenues within two years after such disbursement. Six percent per annum is received on similar types of investments by the County as determined by the County Treasurer. PASSED and ADOPTED on June 22, 1971 by the following vote of the 'Board, .AYES: Supervisors A. M. Dias, J. E. Moriarty, W. N. Boggess, E. A. Linschesid, J. P. Kenny. NOES: None. ABSENT: None. RESOLUTION NO. 71./406