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BE IT FURTHER RESOLVED that if, in any budget year (as described above), funds are <br />not budgeted to pay principal and interest to the Department of Solid Waste Managemen['s fund, <br />the General Fund will pay an amount equel to all unpaid principal and accrued interest. <br />BE IT FURTHER RESOLVED that the Department of General Services, will make <br />payment in full, on or before June 30, 1998 of the principal amount borrowed, not to exceed <br />$S,OOO,OOOplus accrued interest. The interest rate will be equal to the Marion County <br />Treasurer.'s market interest computation for the month ofMay 1997. <br />BE IT FURTHER RESOLVED that it is the intent of the Board that all loaned funds and <br />accrued interest be repaid as quickly as possible. The Department of General Services may make <br />additional payments in order to shorten the repayment of this loan. ~ <br />BE IT FURTHER RESOLVED that the Board of Commissioners may review ttils <br />Resolution from time to time as the Board deems appropriate to ensure compliance with the <br />provisions of ORS 294.460. <br />DATED at Salem Oregon, this _~~ day of bJ~~ , 1997. <br />MARION COUNTY BOARD OF COMIvIISSIONERS <br />C~%~'~fiic.~~ ,__.~ <br />Chair <br />V ~ <br />C• <br />RESOLiTTION -2 <br />Courthouse Square <br />