HomeMy WebLinkAboutMINUTES - 06051990 - 1.128 TO: BOARD OF SUPERVISORS
FROM: CHIEF DAVID EVANS , Contra
Orinda Fire Protection District
Costa
DATE'. May 24, 1990 County
SUBJECT: Transfer Orinda Fire Bond Fund Balance to
Orinda Fire General Fund
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
Direct County Auditor to transfer residual balance of the. Orinda
Fire District 1968 Bond Redemption Fund to .the Orinda Fire District
General Fund.
REASON FOR RECOMMENDATION:
General obligation bonds in amount of $400 , 000 were issued for the
Orinda Fire Protection District on July 1, 1968 . Final maturity of the
bonds occurred on January 1, 1989. Bond and interest obligations have
been satisfied and there is amount of $4 , 540 . 00 remaining in the bond
fund which should be transferred to the operating fund.
CONTINUED ON ATTACHMENT: YES SIGNATURE; oor
RECOMMENDATION OF COUNTY ADMINISTRATOR _.._ RECOMMENE10TION OF BOARD COMhVITTEE
APPROVE OTHER
SIGNATURE(S): C n((llnn
ACTION OF BOARD ON June 5 , 1990APPROVED AS RECOMMENDED _X OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
X 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.
cc: Administrator ATTESTED June 5 ._1990_ _
Auditor-Controller PHIL BATCHELOR, CLERK OF THE BOARD OF
Orinda Fire District SUPERVISORS AND COUNTY ADMINISTRATOR
M382/7-83 BY �' +1% _,C�C� ,DEP'UTY