RES 1111M L
RESOLUTION NO.
A RESOLUTION providing for reimbursement of expenditures
incurred in the acquisition of a side loading sanitation truck.
BE IT RESOLVED BY THE CITY OF CAMAS AS FOLLOWS:
SECTION I
THE CITY OF CAMAS (the “Local Agency”)reasonably expects to reimburse the expenditures
described herein with the proceeds of a financing contract to be entered into by the local agency (“the
Reimbursement Obligation”).
SECTION II
The expenditures with respect to which the Local Agency reasonably expects to be reimbursed
from the proceeds of Reimbursement Obligations are for the acquisition of a side loading sanitation truck.
SECTION III
The expenditures with respect to which the Local Agency reasonably expects to be reimbursed
from the proceeds of Reimbursement Obligations will be made from equipment rental fees.
SECTION IV
The maximum amount of the Reimbursement Obligation is expected to be issued for the property
described in Section II is $225,000.00.
ADOPTED at a regular meeting of the City Council this J_7
SIGNED:
Mayor
A\ATTEST:
ClerkIA:OV as,to form:
*2
City Attorney