HomeMy WebLinkAbout*Other - BOCCCERTIFICATE FOR TRANSCRIPT
I, BARBARA J. VASQUEZ, Clerk of the Board of County Commissioners of Grant
County, Washington, (the "County") DO HEREBY CERTIFY that the Within and attached
documents are in each case true and correct copies of the originals of such documents and that
none of the resolutions, proceedings, statements or certificates contained herein has been amended,
revised, repealed or rescinded, except as expressly set forth herein, and all of the officers last
certified as holding offices have continued to hold their respective offices from such date to and
including the date of this certificate.
DATED as of this 1 st day of September, 2022.
el
Barbara J. Vasqulf6 Clerk of the Boa
County Commissioners
506024697.1
V
CERTIFICATE FOR TRANSCRIPT
I, BARBARA. J. VASQUEZ, Clerk of the Board of County Commissioners of Grant
County, Washington, (the "County") DO HEREBY CERTIFY that the within and attached
documents are in each case true and correct copies of the originals of such documents and that
none of the resolutions, proceedings, statements or certificates contained herein has been amended,
revised, repealed or rescinded, except as expressly set forth herein, and all of the officers last
certified as holding offices have continued to hold their respective offices from such date to and
including the date of this certificate.
DATED as, of this 1st day of September, 2022.
Barbara J. Va'sqVdf Clerk of the Boa
County Commissioners
506024697.1
CERTIFICATE
1, BARBARA J. VASQUEZ, Clerk of the Board of County Commissioners of Grant
County, Washington, DO HEREBY CERTIFY that the attached is a true and correct copy of
excerpts from the minutes of the meeting of the Board of County Commissioners reflecting the
election of Danny E. Stone as Chair of the Board of County Commissioners.
DATED as of this I st day of September, 2022.
Barbara J. VasquAlz
Clerk of the Board
County Commissioners
506024697.1
CERTIFICATE
1, BARBARA J. VASQUEZ, Clerk of the Board of County Commissioners of Grant
County, Washington, DO HEREBY CERTIFY that the attached is a true and correct copy of
excerpts from the minutes of the meeting of the Board of County Commissioners reflecting the
election of Danny E. Stone as Chair of the Board of County Commissioners.
DATED as of this I st day of September, 2022.
Barbara J. Vas
Clerk of the Boe'/�,
County Commission
506024697.1
GRANT COUNTY BOARD OF COMMISSIONERS
MEETING MINUTES
Week of December 27- January 2, 2021
Grant County Courthouse/Com mission Chambers
35 C Street NW, ls' Floor, Room 101
Ephrata, WA 98823
Public meetings were held in person with a WEBER Conference Call/Video option available.
MONDAY, DECEMBER 27, 2021
Christmas Holiday, Courthouse Closed
TUESDAY, DECEMBER 28, 2021
8:30 a.m. — 9:00 a.m. G Dano, Prosecuting Attorney's Office Update
9:00 a.m. — 9:30 a.m. B Vasquez, Clerk of the Board Update
9:30 a.m. —10:15 a.m. Commissioners Roundtable -Miscellaneous Discussion
• Veterans Assistance Fund Policy Discussion
• Local Income Tax
• Attendance Policy—Telephonic Means
10:15 a.m. —10:25 a.m. Citizen Public Comment Period
10:30 a.m. —11:00 a.m. S Palacios, Juvenile Court and Youth Services Update
1) Financial
2) Intakes
3) Courts:
L Offend er/Diversion:
ii. Truancy:
iii. Dependency:
4) Martin Hall
5) Administration
11:00 a.m. —11:30 a.m. Budget and Finance Update
11:30 a.m. —12:00 p.m. C Carter, Finance Committee Meeting
Page 2 of 8
Grant County Commissioners Minutes
Week of December 27, 2021
12:00 p.m. —12:30 p.m. C Carter, Grant Transit Authority Meeting (Zoom)
1:00 p.m. —1:15 p.m. Appointment of BOCC Chair/Vice-Chair AND to Boards and Committees
A motion was made by Commissioner Jones, seconded by Commissioner Carter that
Commissioner Stone be elected as Chair of the Board of the Grant County Commissioners for
the calendar year 2022. The motion passed unanimously.
A motion was made by Commissioner Carter, seconded by Commissioner Stone that
Commissioner Jones be elected as Vice -Chair of the Board of Grant County Commissioners for
the calendar year 2022. The motion passed unanimously.
A motion was made by Commissioner Stone, seconded by Commissioner Jones to approve the
resolution of 2022 appointments of commissioners to boards and committees. The motion
passed unanimously. (Resolution No. 21 -130 -CC)
1:30 p.m. — 2:30 p.m. S Castro, Public Works Update
1.0 Solid Waste (15 min.),
2.0 Public Works Genera! Update (15 min.)
Discussion Items:
2.1—Employee Appreciation (Sam C)
3.0 Public Works Enpineerinp/Roads (15 min.)
Discussion Items:
3.11- Major Projects Update (Keith)
3.12 -Accident Update (Keith)
3.13 -Road Division Updates (Keith)
3.2 - 22 -NE Road Truck Traffic Request (Keith)
3.3 —December 2021 CRAB Reports (Keith)
3.4 —Mae Valley Illuminated Stop Sign (Sam C)
4.0 Equipment Repair and Replacement (15 rain.)
2:30 p.m. — 3:00 p.m. Consent Agenda (1 through 27)
A motion was made by Commissioner Jones, seconded by Commissioner Stone, to approve items 1
through 27 on the agenda as presented. The motion passed unanimously.
Page 3 of 8
Grant County Commissioners Minutes
Week of December 27, 2021
ASSESSOR OFFICE
1. Harris Govern Master License and Services Agreement and purchase orders in the approximate
amount of $961,456.35 to purchases new Assessor's office software and yearly maintenance
costs. (Approved, noting that the county will get a $100,000 discount for signing the contract
by years end)
AUDITOR'S OFFICE
2. Payment of vouchers certified by the auditing officer as required by RCW 42.24.080, and those
expense reimbursement claims certified by the auditing officer as required by RCW 42.24.0901
as recorded on a listing and made available to the Board. (Approved in the amount of
$55%434.88)
3. Request to establish a new fund #150.000 titled "GC Abatement Fund" for the processing of
payments that will assist in cleaning up properties that are out of code enforcement compliance.
Funds will go through Public Works and the Grant County Health District. (Approved, Resolution
No. 21 -131 -CC)
COMMISSIONERS OFFICE
4. Letter of reappointment for Marilyn Meseberg to the Grant County Lodging Tax Advisory
Committee for aone-year term beginning January 1, 2022, through December 31, 2022.
(Approved)
5. Letter of reappointment for Goldye Moyer to the Grant County Lodging Tax Advisory Committee
for aone-year term beginning January 1, 2022, through December 31, 2022. (Approved)
6. Letter of reappointment for Lori Valdez to the Grant County Lodging Tax Advisory Committee for
a one-year term beginning January 1, 2022, through December 31, 2022. (Approved)
7. Letter of reappointment for Harriett Weber to the Grant County Lodging Tax Advisory
Committee for aone-year term beginning January 1, 2022, through December 31, 2022.
(Approved)
8. Letter of reappointment for Kevin Danby to the Grant County Lodging Tax Advisory Committee
for aone-year term beginning January 1, 2022, through December 31, 2022. (Approved)
9. Appreciation letter for Amanda Laramore for her service on the Grant County Lodging Tax
Advisory Committee. (Approved)
10. Appreciation letter for Marilyn Meseberg for her service on the Grant County Tourism
Commission. (Approved)
11. Request to transfer funds in the amount of $23,,000.00 from Grant Admin Fund (190) to the
Current Expense (001) BOCC Revenue for the administration of various grants. (Approved)
12. A19 for the Administrative Office of the Courts for reimbursements for the Prosecutors Office in
the amount of $812.09 as well as the Clerk's Office in the amounts of $1.,902.33 and $11,481.59
relating to Interagency Reimbursement Agreement IAA22169, State v Blake. (Approved)
13. Reimbursement #20, request #12 from City of Moses Lake on the Department of Commerce
Emergency Solutions Grant (ESG) No. 20-4613C-100 in the amount of $22.,792.26 for November
2021 expenses. (Approved)
Page 4 of 8
Grant County Commissioners Minutes
Week of December 27, 2021
14. 2022 Recording Fee Surcharge Distribution Agreement with the Housing Authority of Grant
County, New Hope Domestic Violence and Sexual Assault Services, and the City of Moses Lake
for the sole purpose of distributing fund obtained by the County as a result of RCW 36.22.179
and 1791. Agreement term is January 1, 2022, through December 31, 2022. (Approved)
15. Request for release of funds on the Port of Mattawa Strategic Infrastructure Program SIP #2021-
03 -Port of Mattawa-Commercial Water Filtration and Infrastructure Planning Project in the
amount of $51,547.62. (Approved)
PUBLIC DEFENSE .
16. Interagency Agreement with Washington State Office of Public Defense Agreement No.
ICA22016 in the amount of $83.,018.00 with a term of January 1, 2022, through December 31,
2022 for the purpose of improving the quality of public defense services in Washington State
Counties. (Approved)
17. Contract Renewal of Westlaw Legal Research Package for West Proflex, Order No. Q-02191139
from Thomson Reuters, for a 3 -year term. (Approved)
PUBLIC WORKS
18. Interlocal Agreement between Grant County and the Town of Wilson Creek for the allocation of
grant funds from the Local Solid Waste Financial Assistance Grant from the Washington State
Department of Ecology not to exceed $6,750.00. (Approved, Resolution No. 21 -132 -CC)
19. Request to purchase unleaded and diesel fuel for county vehicles for the year 2022 from
Coleman Oil in the amount of $1,175-,000.00 through Department of Enterprise Contract
#00311. (Approved)
20. Work Plan/Financial Plan Cooperative Service Agreement No. 22 -7353 -5972 -RA in the amount of
$18,850.00 between Grant County Public Works -Landfill and the United States Department of
Agriculture (USDA) with a term of January 1. 2022 through December 31, 2022. (Approved)
21. A Resolution Awarding a Subgrant to the Regional Board of Mayors, Electric City, for
Reimbursement of Year -Round Oil Recycling Costs and Labor Costs During Household Hazardous
Waste Collection Events at the Delano Regional Transfer Station. Grant county will reimburse
the Regional Board of Mayors, Electric City, 75% of costs deemed eligible under the Local Solid
Waste Financial Assistance guidelines. With a term of July 1, 2021, through June 30, 2023.
(Approved, Resolution No. 21 -133 -CC)
22. Parametrix Amendment Eight, change No. 4 Ephrata Landfill RI/FS Engineering Services for the
New Landfill which extends the schedule through February 28, 2022, extends services, and
increases budget by $85,000.00 for a total of $1,145.,064.00. (Approved)
23. Request Notice of Hearing to surplus certain County Owned property as follows: (Approved, a
public hearing was set for January 18, 2022 at 3:30 p.m.)
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Page 5 of 8
Grant County Commissioners Minutes
Week of December 27, 2021
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RENEW
24. Reimbursement Request (A-19) for contract work performed by Renew for prevention in Moses
Lake and Quincy, during November 2021, in the amount of $15,,431.88 on Washington State
Health Care Authority Contract No. K3919. (Approved)
25. Reimbursement Request (A-19) for contract work performed by Renew for prevention in Soap
Lake, during November 2021, in the amount of $8,154.69 on Washington State Health Care
Authority Contract No. K5536. (Approved)
SHERIFFS OFFICE
26. Execution of Warrant of Abatement "Property Abatement GCDS 2021-RFB001" with contractor
Skycorp,. Ltd., for the abatement of property identified as 134 Quincy Place, NW, Soap Lake, WA
98851 in the amount of $19,397.80. Work to be completed by February 1, 2022. (Approved)
27. Cooperative Law Enforcement Agreement No. 22 -LE -11162700-026 between the Grant County
Sheriff's Office and the USDA, Forest Services Okanogan -Wenatchee National Forest and
Columbia Basin Job Corps Civilian Conservation Center to document cooperative effort
between the parties to enhance State and local law enforcement in connection with activities on
CENTER lands. (Approved)
3:00 p.m. -3:15 p.m. Open Record Public Hearing, Year End Budget Extension
The Commissioners held and Open Record Public Hearing to consider the following year end budget
extension requests:
• Facilities and Maintenance Fund #001, Dept #112 in the amount of $96.,832.72 for an
insurance reimbursement check received for flooding in the courthouse basement, and an
overage of their account. They are requesting $4,667.20 from current expense to fund
#001.112.
• Multi Agency Communications Center (MACC) Fund #135, Dept #186 in the amount of
$2,500,000.00 for Fund135-186 Emergency Comm. Serv. for the purchase of TAIT radios for
all of the MACC User Agencies.
• Public Works Fund #5101, Dept #000 in the amount of $800,000.00 for Equipment Rental and
Revolving Fund (ER&R 510) due to delivery delays of 6 vehicles that were purchased in 2020
but not received until 2021 due to the pandemic. These items were not brought forward to
the 2021 budget.
• Veterans Assistance (Fund 104.146) in the amount of $7,500 to cover expenses incurred
during 2021.
• INET Forfeiture (Fund 109.151) in the amount of $25,000 to cover excess expenses incurred
during 2021.
Page 6 of B
Grant County Commissioners Minutes
Week of December 27, 2021
• Treasurer's 0&M (Fund 111.153) in the amount of $30.,000 to cover costs for additional
foreclosure sale held during 2021.
• Dispute Resolution (Fund 136.187) in the amount of $3,000 to cover excess expenses
incurred during 2021.
• Building/Fire Marshal (Fund 138.116) in the amount of $260,,000 to cover excess salary,
standby, leave payout and benefits expenses incurred due to the addition of 4 positions in
2021.
• Sheriff Surplus (Fund 140.114) in the amount of $1,,500 to cover excess expenses incurred
during 2021.
• Other Payroll Benefits (Fund 508.188) in the amount of $35,,000 to cover excess benefit fees
incurred during 2021.
• Grants Administration Fund #190.001 for the Washington State Department of Commerce
Grants in the amount of $5,.625,,235.57 for pass through funding for various grants.
• Public Defense Department to receive funds from the Washington State Office of Public
Defense in the amount of $114,428.00 for the State v. Blake legislative action.
Tom Gaines, Central Services Director gave a brief overview of his request.
Barbara Vasquez, Clerk of the Board stated the advertised amount for the Public Defense extension
was incorrect. It should have been $115,035.00.
A motion was made by Commissioner Jones, seconded by Commissioner Stone, to close the public
comment portion of the meeting. The motion passed unanimously. A motion was made by
Commissioner Stone, seconded by Commissioner Jones to approve the budget extensions as
presented but amending the amount to the Public Defense extension to the corrected amount of
:$115,035.00. The motion passed unanimously. (Resolution No. 21 -134 -CC)
3:15 p.m. — 3:45 p.m. Open Record Public Hearing, Amendment to the Six Year Transportation
Improvement Resolution.
The Commissioners held an Open Record Public Hearing to- consider an amendment to
Resolution No. 21 -117 -CC that was adopted November 15, 2021 adopting the Six Year
Transportation Improvement Program.
Keith Elefson, County Engineer stated he was contacted by the County Road Administration
Board (CRAB) that the resolution passed earlier this year was insufficient. Verbiage needed to
be added that:
• A priority array of projects was prepared in accordance with CRAB standards and made
available to the BOCC
0 That a report with respect to deficient bridges was available to the board during the
preparation
• That a SEPA application was submitted for environmental pre -assessment was received
by Development Services indicating that the social, economic and aesthetic values
would not be disturbed.
Page 7 of 8
Grant County Commissioners Minutes
Week of December 27, 2021
A motion was made by Commissioner Stone, seconded by Commissioner Jones, to close the
public comment portion of the meeting. The motion passed unanimously. A motion was made
by Commissioner Jones, seconded by Commissioner Stone to amend Resolution No. 21 -117 -CC
as presented. The motion passed unanimously.
MISCELLANEOUS ITEMS
The Commissioners approved a 3% Cost of Living Adjustment (COLA) increase for the bargained and
non -bargained employees of Grant County for 2022. (This memo was sent knowing that the non -
bargained employees are still in negotiations and will bargain for their COLA).
The Chair of the Board was authorized to sign the quit claim paperwork for the sale of parcel nos.
040017000, 040018000, 040019000, 040020000 to the City of Quincy; and the Statutory Warranty Deed
as prepared by Stewart Title Company.
WEDNESDAY, December 29, 2021
11:00 a.m. —12:00 p.m. R Jones, Grant County Leadership call on COVIDD —19 and recovery —
resiliency (Zoom)
THURSDAY, December 30, 2021
No meetings held
Page 8 of 8
Grant County Commissioners Minutes
Week of December 27, 2021
FRIDAY, December 31,, 2021
New Year's Eve Holiday, Courthouse Closed
Signed this day of 2022.
st:
Barbpra J. Vasque-,
CleA of the Board
BOARD OF COUNTY COMMISSIONERS
Grant County, Washington
CERTIFICATE
1, BARBARA J. VASQUEZ, Clerk of the Board of County Commissioners of Grant
County, Washington, DO HEREBY CERTIFY that the attached is a true and correct copy of the
resolution of the Board of County Commissioners reflecting my appointment as Clerk of the Board
of County Commissioners.
DATED as of this I st day of September, 2022.
Barbara J. Vasqi�Z
Clerk of the Board of
County Commissioners
506024697.1
CERTIFICATE
1, BARBARA J. VASQUEZ, Clerk of the Board of County Commissioners of Grant
County, Washington, DO HEREBY CERTIFY that the attached is a true and correct copy of the
resolution of the Board of County Commissioners reflecting my appointment as Clerk of the Board
of County Commissioners.
DATED as of this I st day of September, 2022.
Barbara J. Vasque'z
Clerk of the Board
County Commissioners
506024697.1
CERTIFICATE
1, BARBARA J. VASQUEZ, Clerk of the Board of County Commissioners of Grant
County, Washington, DO HEREBY CERTIFY that the attached is a true and correct copy of the
proceedings of the Board of County Commissioners setting the date, time, and place for regular
meetings of the Board of County Commissioners.
DATED as of this I st day of September, 2022.
2 A
Barbara jquq��
Clerk of th oaf
County County Commissioners
506024697.1
CERTIFICATE
1, BARBARA J. VASQUEZ, Clerk of the Board of County Commissioners of Grant
County, Washington, DO HEREBY CERTIFY that the attached is a true and correct copy of the
proceedings of the Board of County Commissioners setting the date, time, and place for regular
meetings of the Board of County Commissioners.
DATED as of this I st day of September, 2022.
County Commissioners
506024697.1
CERTIFICATE
1, BARBARA J. VASQUEZ, Clerk of the Board of County Commissioners of Grant
County, Washington, DO HEREBY CERTIFY that the attached is a full, true and correct copy of
the minutes of the July 12, 2022 regular meeting of the Board of County Commissioners which
reflects the adoption of Resolution No. 22 -070 -CC.
DATED as of this I st day of September, 2022.
Barbara J. V uez
Clerk of the eooard o
County Commissioners
506024697.1
CERTIFICATE
1, BARBARA J. VASQUEZ, Clerk of the Board of County Commissioners of Grant
County, Washington, DO HEREBY CERTIFY that the attached is a full, true and correct copy of
the minutes of the July 12, 2022 regular meeting of the Board of County Commissioners which
reflects the adoption of Resolution No. 22 -070 -CC.
DATED as of this I st day of September, 2022.
Barbara J. Va. /46te
5
Clerk of the Bo r of
County Commi s*oners
506024697.1
CERTIFICATE
I, Darryl Pheasant, Treasurer for Grant County, Washington (the "County"), DO HEREBY
CERTIFY that the following is a listing of all outstanding leases, limited tax general obligation
bonds, conditional sales contracts and other obligations for which the County is obligated for the
payment of money for a period of more than one year as of September 1, 2022, including the
Bonds:
Outstanding Leases:
Amount Outstanding
®1
Limited Tax General Obligation Bonds: $103,942,000
Conditional Sales Contracts:
1®
Unlimited Tax General Obligation Bonds: -0-
DATED as of this 1 st day of September, 20220
�Wrnwwnun„.�
Darryl Pheasant, Treasurer
Grant County, Washington
506024697.1
CERTIFICATE
1, Darryl Pheasant, Treasurer for Grant County, Washington (the "County"), DO HEREBY
CERTIFY that the following is a listing of all outstanding leases, limited tax general obligation
bonds, conditional sales contracts and other obligations for which the County is obligated for the
payment of money for a period of more than one year as of September 1, 2022, including the
Bonds:
Outstanding Leases:
Amount Outstanding
no
Limited Tax General Obligation Bonds: $1039942,000
Conditional Sales Contracts:
®1
Unlimited Tax General Obligation Bonds: -0-
DATED as of this I st day of September, 2022.
Darryl Pheasant, Treasurer
Grant County, Washington
506024697.1
SIGNATURE IDENTIFICATION AND NONLITIGATION CERTIFICATE
WE, DANNY E. STONE and BARBARA J. VASQUEZ, the duly chosen, qualified and
acting Chair and Clerk, respectively, of the Board of County Commissioners of Grant County,
Washington (the "County"), DO HEREBY CERTIFY that our signatures appearing on each of the
following described Limited Tax General Obligation Bonds, 2022 of the County are true and
correct facsimiles of our signatures.
The Bonds are in the aggregate principal amount of $81,535,000, are dated as of the date
of their delivery, are in fully registered form, are in the denomination of $5,000 each or integral
multiples thereof, and bear interest at the following rates per annum, payable beginning
December 1, 2022, and semiannually thereafter on the first days of each succeeding June and
December, and mature on December 1 of the following years and in the following amounts
Maturity Year
(December 1) Principal Amount
Interest Rate
2022
$ 290009000
5.000%
2023
885,000
5.000
2024
9309000
5.000
2025
9809000
5.000
2026
190259000
5.000
2027
1908000
5.000
2028
191309000
5.000
2029
191909000
5.000
2030
192509000
5.000
2031
1,310,000
5.000
2032
193759000
5.000
2033
194459000
5.000
2034
195155000
5.000
2035
1,595,000
5.000
2036
196709000
5.000
2037
197559000
5.000
2038
198459000
5.000
2039
1,935,000
5.000
2040
290309000
5.000
2041
291359000
5.000
2042
292409000
5.000
2047
13,0609000
5.250
2052
16950000
4.125
2057
2096559000
5.250
WE FURTHER CERTIFY that there is no controversy or litigation pending or, to the best
of our knowledge, threatened affecting the issuance and delivery of the Bonds, the collection of
taxes and other revenues pledged to pay the principal thereof and interest thereon, the proceedings
and authority under which said Bonds are issued and said taxes levied and revenues collected, the
506024697.1
validity of said Bonds, the corporate existence or boundaries of the County or the title of the present
officers to their respective offices, and that no authority or proceedings for the issuance of said
Bonds has or have been repealed, revoked or rescinded.
IN WITNESS WHEREOF, we hereto affix our signatures as of this I st day of September,
2022.
Y E. STONE,
Chair of the Board of
County Commissioners
6c_
BARBARA JAV S,
Clerk of the Board ofol
" I
County Commissioner
STATE OF WASHINGTON)
) ss.
COUNTY OF GRANT
On this' j`)day of August, 2022, before me, the undersigned, a Notary Public in and for
the State of Washington, duly commissioned and sworn, personally appeared DANNY E. STONE
and BARBARA J. VASQUEZ, to me known to be the Chair and the Clerk, respectively, of the
Board of County Commissioners of Grant County, Washington. I hereby identify their signatures
on this certificate and on the above-described bonds as being in all respects true and genuine.
WITNESS my hand and official seal hereto affixed the day and year in this certificate
above written.
(SEAL)
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NOTAR
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506024697.1
Notary Public in and for the State of
Washington residing at 631k-AXII-It
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validity of said Bonds, the corporate existence or boundaries of the County or the title of the present
officers to their respective offices, and that no authority or proceedings for the issuance of said
Bonds has or have been repealed, revoked or rescinded.
IN WITNESS WHEREOF, we hereto affix our signatures as of this I st day of September,
2022.
fiANNY E. STONE,
Chair of the Board of
County Commissioners
Oil.
ARBARA J.'A E
V
Clerk of the Bo of
County Commissioners
STATE OF WASHINGTON)
) ss.
COUNTY OF GRANT
On this I _24"'� day of August, 2022, before me, the undersigned, a Notary Public in and for
JV_e
the State of Washington, duly commissioned and sworn, personally appeared DANNY E. STONE
and BARBARA J. VASQUEZ, to me known to be the Chair and the Clerk, respectively, of the
Board of County Commissioners of Grant County, Washington. I hereby identify their signatures
on this certificate and on the above-described bonds as being in all respects true and genuine.
WITNESS my hand and official seal hereto affixed the day and year in this certificate
above written.
ot%11111111�111
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506024697.1
Notary Public in and for the State of
Washington residing at
Print Nam(jut
My commission expire�J
WC) I
:!-4 , - I
CLOSING CERTIFICATE
for Grant County, Washington, Limited Tax General Obligation Bonds, 2022 - $81,535,000 (the
"Bonds")
I, DARRYL PHEASANT, Treasurer of Grant County, Washington (the "County"), acting
in my official capacity, DO HEREBY CERTIFY that:
(i) the representations and warranties of the County contained in the Bond Purchase
Agreement dated August 17, 2022 between the County and D.A. Davidson & Co. (the "Purchase
Agreement") and in Resolution No. 22 -070 -CC (the "Resolution") are true and correct in all
material respects on and as of this date with the same effect as if made on this date;
(ii) the County has complied with all of the agreements and satisfied all of the
conditions on its part to be performed or satisfied at or prior to this date; and
(iii) the Official Statement as of its date did not and as of this date does not contain any
untrue statement of a material fact or omit to state a material fact necessary in order to make the
statements therein, in the light of the circumstances under which they were made, not misleading;
provided, however, that no representation or warranty is made with respect to the information
regarding the Underwriter or DTC.
Capitalized terms used in this certificate which are not otherwise defined shall have the
meanings given to such terms in the Purchase Agreement.
DATED as of this 1 st day of September, 2022.
w..
Darryl Pheasant, Treasurer
Grant County, Washington
506024697.1
CLOSING CERTIFICATE
for Grant County, Washington, Limited Tax General Obligation Bonds, 2022 - $81,535,000 (the
"Bonds")
1, DARRYL PHEASANT, Treasurer of Grant County, Washington (the "County"), acting
in my official capacity, DO HEREBY CERTIFY that:
(i) the representations and warranties of the County contained in the Bond Purchase
Agreement dated August 17, 2022 between the County and D.A. Davidson & Co. (the "Purchase
Agreement") and in Resolution No. 22 -070 -CC (the "Resolution") are true and correct in all
material respects on and as of this date with the same effect as if made on this date;
(ii) the County has complied with all of the agreements and satisfied all of the
conditions on its part to be performed or satisfied at or prior to this date; and
(iii) the Official Statement as of its date did not and as of this date does not contain any
untrue statement of a material fact or omit to state a material fact necessary in order to make the
statements therein, in the light of the circumstances under which they were made, not misleading;
provided, however, that no representation or warranty is made with respect to the information
regarding the Underwriter or DTC.
Capitalized terms used in this certificate which are not otherwise defined shall have the
meanings given to such terms in the Purchase Agreement.
DATED as of this 1st day of September, 2022.
e-0
Darryl Pheasant, Treasurer
Grant County, Washington
506024697.1
REPORT OF THE COUNTY REPRESENTATIVE
TO THE BOARD OF COUNTY COMMISSIONERS
PURSUANT TO SECTION 13 OF RESOLUTION NO. 22 -070 -CC
This report is provided to the Board of County Commissioners (the "Board") of Grant
County, Washington with respect to Section 13 of Resolution No. 22 -070 -CC of the Board (the
"Bond Resolution"). Capitalized terms used in this report have the meanings given those terms in
the Bond Resolution.
1. The undersigned is a County Representative appointed by the Bond Resolution.
2. 1 approved the final interest rates, maturity dates, aggregate principal amount,
redemption rights and principal amounts of each maturity of the Bonds as shown
on Exhibit A attached to this report and as set forth in the Bond Purchase Agreement
with D.A. Davidson & Co., signed and approved on August 17, 2022.
3. The aggregate principal amount of the Bonds does not exceed the maximum
aggregate principal amount authorized in the Bond Resolution.
4. The true interest cost for the Bonds (in the aggregate) does not exceed the 5.60%
maximum set in the Bond Resolution.
5. The Bonds are subject to optional redemption within 10.5 years from date of
issuance as set in the Bond Resolution.
DATED as of this I st day of September, 2022.
Darryl Pheasant, Treasurer
Grant County, Washington
703364641.1
REPORT OF THE COUNTY REPRESENTATIVE
TO THE BOARD OF COUNTY COMMISSIONERS
PURSUANT TO SECTION 13 OF RESOLUTION NO. 22 -070 -CC
This report is provided to the Board of County Commissioners (the "Board") of Grant
County, Washington with respect to Section 13 of Resolution No. 22 -070 -CC of the Board (the
"Bond Resolution"). Capitalized terms used in this report have the meanings given those terms in
the Bond Resolution.
1. The undersigned is a County Representative appointed by the Bond Resolution.
2. 1 approved the final interest rates, maturity dates, aggregate principal amount,
redemption rights and principal amounts of each maturity of the Bonds as shown
on Exhibit A attached to this report and as set forth in the Bond Purchase Agreement
with D.A. Davidson & Co., signed and approved on August 17, 2022.
3. The aggregate principal amount of the Bonds does not exceed the maximum
aggregate principal amount authorized in the Bond Resolution.
4. The true interest cost for the Bonds (in the aggregate) does not exceed the 5.60%
maximum set in the Bond Resolution.
5. The Bonds are subject to optional redemption within 10.5 years from date of
issuance as set in the Bond Resolution.
DATED as of this I st day of September, 2022.
Darryl Pheasant, Treasurer
Grant County, Washington
703364641.1
EXHIBIT A
703364641.1
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703364641.1
Grant Cou nty, Washington
UG-O'Bonds ,202:2
AA -t N B j 38 year, Termjyr, calt Levu, I Debt Sloe- rvu ico
Dabe d W-
09 1011
-1220,22
Delivery Date
.
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L Maturn,"by
2ast 20 0 Ill 5 71
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4.9 . 1, 19 7.0 0%
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Dur-abbn ofiRsue, yearQ
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-t Irvte r� - ir.* t
NQ
'�94 5, 49-4 2
Tot -at Debt SSeNte,
Max. i.Tmr.,n Annual Deb.S—em'oe-
41805'49,12.50
Avenge.. Aii nlnuaill De -t S ice.
4,854j4137.50'
Und, "s Fe
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Total U n-dre-n-irwit'W's;
3.8m, 0!
Md Price 108. 1,43975
703364641.1
CERTIFICATE ®F MANUAL SIGNATURE
Sig -nature
STATE OF WASHINGTON
ss:
COUNTY OF GRANT
1, the undersigned affiant, being first duly sworn, on oath depose and say:
My name is Danny E. Stone
(print or type)
I have been duly chosen and am qualified and acting as
Chair, Board of County Commissioners
(title or position)
for Grant County, Washington
(name of municipality)
The signature appearing above is my true manual signature.
This affidavit is made to comply with Ch. 86, Wash. Sess. Laws of 1969.
ignature
SUBSCRIBED AND SWORN TO before me this 3C'� day of August, 2022.
506024697.1
NOTARY PUBLI in and or the SAde of
Washington, residing at H Vn")--41 (A I vv' -X'
...........
2
Printed Name: �E�Af-,
Ojn,LA
My Commission Expires:
FEDERAL TAX CERTIFICATE
I, the undersigned officer of Grant County, Washington (the "County"), make this
certification for the benefit of all persons interested in the exclusion from gross income for federal
income tax purposes of the interest to be paid on the County's Limited Tax General Obligation
Bonds, 2022 (the "Bonds"), which are being issued in the aggregate principal amount of
$81,535,000 and delivered simultaneously with the delivery of this certificate. In part pursuant to
Section 1.148-2(b)(2) of the Regulations (defined below), I do hereby certify as follows in good
faith on the date of issue of the Bonds:
1. Responsible Officer. I am the duly chosen, qualified and acting officer of the
County for the office shown below my signature; as such, I am familiar with the facts herein
certified and I am duly authorized to execute and deliver this certificate on behalf of the County.
I am the officer of the County charged, along with other officers of the County, with responsibility
for issuing the Bonds.
2. Code and Regulations. For purposes of this certificate, the "Code" means the
Internal Revenue Code of 1986, as amended (the "Code"), and the "Regulations" means the
Treasury Regulations promulgated thereunder.
3. Definitions. The capitalized terms used in this certificate (unless otherwise
defined) that are defined in Resolution No. 22 -070 -CC, adopted on July 12, 2022, authorizing the
issuance of the Bonds (the "Bond Resolution") shall for all purposes hereof have the meanings
therein specified. All terms defined in the Code or Regulations shall for all purposes of this
certificate have the same meanings as given to those terms in the Code and Regulations unless the
context clearly requires otherwise.
4. Reasonable Expectations. The facts and estimates that are set forth in this certificate
are accurate. The expectations that are set forth in this certificate are reasonable in light of such
facts and estimates. There are no other facts or estimates that would materially change such
expectations. The undersigned. has to the extent necessary reviewed the certifications set forth
herein with other representatives of the County as to such accuracy and reasonableness. The
undersigned has also relied, to the extent appropriate, on representations set forth in the certificate
of D.A. Davidson & Co. (the "Underwriter"), attached as Exhibit A to this certificate. The
undersigned is aware of no fact, estimate or circumstance that would create any doubt regarding
the accuracy or reasonableness of all or any portion of such documents.
5. Description of Governmental Pgrpose. The County is issuing the Bonds pursuant
to the Bond Resolution for the purposes of funding (a) the Project (hereinafter defined) as
described more fully in the Official Statement prepared in connection with the offering of the
Bonds, and (b) the costs of issuance of the Bonds. The primary purpose of each transaction
undertaken in connection with the issuance of the Bonds is a bona fide governmental purpose. The
Project are described as follows: finance the costs of the acquisition, construction and equipping
of the new jail facility of the County and other capital improvements (the "Project").
506030430.1
6. Amount and Expenditure of Sale Proceeds of the Bonds.
(a) Amount of Sale Proceeds. The sale proceeds from the issuance of the
Bonds are $88,485,023.10, based on the amount set forth on Exhibit A hereto. Such amount
represents the stated redemption price at maturity of the Bonds of $81,535,000.00, plus net
original issue premium of $6,950,023.10. No portion of the purchase price of any of the Bonds
is provided by the issuance of any other obligations of the County or any other governmental
entity.
(b) Expenditure of Sale Proceeds. The sale proceeds of the Bonds will be
expended as follows:
(i) The amount of $309,833.00 will be allocated on the date of issuance
of the Bonds to the payment of Underwriter's discount or compensation.
(ii) The amount of $129,000.00 will be disbursed to pay other issuance
costs of the Bonds.
(iii) The amount of $88,046,190.10 will be deposited in the Project Fund
and is expected to be disbursed to pay or reimburse the costs of acquisition and construction
of the Project. The aggregate amount of the costs of acquisition and construction of the
Project is anticipated to be not less than such amount. Any costs of the Project not financed
out of original or investment proceeds of the Bonds will be financed out of the County's
available funds.
(c) Reimbursement. Other than to the extent of preliminary expenditures (i.e.,
architectural, engineering, surveying, soil testing, Bond issuance, and similar costs that are
incurred prior to commencement of acquisition, construction, or rehabilitation of the Project,
other than land acquisition, site preparation, and similar costs incident to commencement of
construction) not in excess of 20% of the aggregate issue price of the Bonds, no portion of the
amount described in paragraph 6(b) above will be disbursed to reimburse the County for any
expenditures made by the County prior to the date that is 60 days before the earlier of the issue
date or the date the County adopted a resolution (the "Declaration"), if any, describing the Project,
stating the maximum principal amount of obligations expected to be issued for the Project, and
stating the County's reasonable expectation on that date that it would reimburse expenditures for
costs of the Project with proceeds of an obligation. The Declaration, if any, is not an official
intent to reimburse that was declared as a matter of course, or in an amount substantially in excess
of the amount expected to be necessary for the Project. The County has not engaged in a pattern
of failure to reimburse original expenditures covered by declarations of official intent. Such
reimbursed portion will be treated as spent for purposes of paragraphs 11 and 15 below on the
date an allocation is made in writing that evidences the County's use of the proceeds for original
expenditure (provided, however, that an allocation made within 30 days of the date of issue may
be treated as made on the date of issue).
(d) No Working Capital. Except for an amount that does not exceed 5 percent
of the sale proceeds of the Bonds (and that is directly related to capital expenditures financed by
the Bonds), the County will only expend proceeds of the Bonds for (i) costs that would be
-2-
506030430°1
chargeable to the capital accounts of the Project if the County's income were subject to federal
income taxation, (ii) interest on the Bonds in an amount that does not exceed that amount of
interest on the Bonds that is attributable to the period that commences on the date hereof and ends
on the later of (A) the date that is three years from the issue date of the Bonds or (B) the date that
is one year after the date on which the Project is placed in service, and (iii) issuance costs of the
Bonds.
(e) No Sale of Conduit Loan. No portion of the sale proceeds of the Bonds
has been or will be used to acquire, finance, or refinance any conduit loan to any party.
(f) No Overissuance. The proceeds of the Bonds will not exceed by more
than a minor portion (as defined in paragraph 13 below) the amount necessary to accomplish the
governmental purposes of the Bonds and, in fact, are not expected to exceed by any amount the
amount of proceeds allocated to expenditures for the governmental purposes of the Bonds.
(g) Allocations and Accounting. The proceeds of the Bonds will be allocated
to expenditures not later than 18 months after the later of the date the expenditure is made or the
date the Project is placed in service, but in no event later than the date that is 60 days after the
fifth anniversary of the date hereof or the retirement of the last Bond, if earlier. The allocation
of proceeds will be made by consistently employing the direct -tracing method of accounting. No
proceeds of the Bonds will be allocated to any expenditure to which proceeds of any other
obligations have heretofore been allocated.
7. Pre -Issuance Accrued Interest. The Bonds are dated as of the initial date of delivery
to the Underwriter, and the County will receive no pre -issuance accrued interest on the Bonds.
8. Expenditure of Investment Proceeds. The best estimate of the County is that
investment proceeds resulting from the investment of any proceeds of the Bonds pending
expenditure of such proceeds for costs of the Project will be retained in the Project Fund and
disbursed to pay or reimburse Project costs in addition to those described in paragraph 6 above.
9. No Replacement Proceeds. Other than amounts in the Bond Fund, there are no
amounts that have a sufficiently direct nexus to the Bonds or to the governmental purposes of the
Bonds to conclude that the amounts would have been used for that governmental purpose if the
proceeds of the Bonds were not used for that purpose. Specifically,
(a) No Sinkiniz Funds. Other than to the extent described in this certificate,
there is no debt service fund, redemption fund, reserve fund, replacement fund, or similar fund
reasonably expected to be used directly or indirectly to pay principal or interest on the Bonds.
(b) No Pledged Funds. Other than amounts described in this certificate, there
is no amount that is directly or indirectly pledged to pay principal or interest on the Bonds, or to
a guarantor of part or all of the Bonds, such that such pledge provides reasonable assurance that
such amount will be available to pay principal or interest on the Bonds if the County encounters
financial difficulty. For purposes of this certification, an amount is treated as so pledged if it is
held under an agreement to maintain the amount at a particular level for the direct or indirect
benefit of the holders or the guarantor of the Bonds.
-3-
506030430.1
(c) No Other Replacement Proceeds. There are no other replacement proceeds.
allocable to the Bonds because the County reasonably expects that the term of the Bonds will not
be longer than is reasonably necessary for the governmental purposes of the Bonds. Furthermore,
if the term of the Bonds is longer than is reasonably necessary for the governmental purposes of
the Bond, the County does not reasonably expect to have available amounts during the portion of
such period that is longer than is reasonably necessary. The County reasonably expects that the
Bonds would be issued to achieve the governmental purpose of the Bonds independent of any
arbitrage benefit. The Bonds would have been issued if the interest on the Bonds were included
in gross income (assuming that the hypothetical taxable interest rate would be the same as the
actual tax-exempt interest rate).
(d) Weighted Average Economic Life. The weighted average maturity of the
Bonds, which has been computed by the Financial Advisor, will not be greater than 120 percent
of the weighted average estimated economic life of the portion of the Project financed,
determined in accordance with section 147(b) of the Code. Such weighted average estimated
economic life is determined in accordance with the following assumptions: (a) The weighted
average was determined by taking into account the respective cost of each of the assets financed
by the Bonds; (b) the reasonably expected economic life of an asset was determined as of the
later of the date hereof or the date on which such asset is expected to be placed in service (i.e.,
available for use for the intended purposes of such asset); (c) the economic lives used in making
this determination are not greater than the useful lives used for depreciation under section 167 of
the Code prior to the enactment of the current system of depreciation in effect under section 168
of the Code (i.e., the "mid -point lives") under the asset depreciation range ("ADR") system of
section 167(m) of the Code, as set forth in Revenue Procedure 83-35, 1983-1 C.B. 745, where
applicable, and the "guideline lives" under Revenue Procedure 62-21, 1962-2 C.B. 418, in the
case of structures; and (d) land or any interest therein has not been taken into account in
determining the average reasonably expected economic life of such Project, unless 25 percent or
more of the net proceeds of the Bonds is to be used to finance land.
10. Yield on the Bonds. For the purposes of this certificate, the yield on the Bonds is
the discount rate that, when used in computing the present value as of the issue date of the Bonds,
of all unconditionally payable payments of principal, interest and fees for qualified guarantees on
the Bonds, produces an amount equal to the present value, using the same discount rate, of the
aggregate issue price of the Bonds as of the issue date. For purposes of determining the yield on
the Bonds, the issue price of the Bonds is the sum of the issue prices for each group of substantially
identical Bonds. For each group of substantially identical Bonds, the issue price is the first price
at which a substantial amount (i.e., ten percent) is sold to the public (excluding bond houses,
brokers, or similar persons or organizations acting in the capacity of underwriters and wholesalers).
The County will use the "general rule" under Section 1.148-1(f)(2)(i) of the Regulations
for determining the issue price of the Bonds. Based upon the representations of the Underwriter
set forth in Exhibit A hereto, the issue price of the Bonds is $88,485,023.10.
The yield with respect to that portion of the Bonds subject to optional redemption that are
issued at an issue price that exceeds the stated redemption price at maturity by more than one-
fourth of one percent multiplied by the product of the stated redemption price at maturity and the
number of complete years to the first optional redemption date for such Bonds is computed by
e
506030430.1
treating such Bonds as redeemed at their stated redemption price on the optional redemption date
that produces the lowest yield on such Bonds.
The yield with respect to the remaining portion of the Bonds subject to optional redemption
is computed by treating such Bonds as retired at the stated redemption price at the final maturity
date because (a) the County has no present intention to redeem prior to maturity the Bonds that are
subject to optional redemption; (b) no Bond is subject to optional redemption at any time for a
price less than the retirement price at final maturity plus accrued interest; (c) no Bond is subject to
optional redemption within five years of the issue date of the Bonds; (d) no Bond subject to
optional redemption is issued at an issue price that exceeds the stated redemption price at maturity
of such Bond by more than one-fourth of one percent multiplied by the product of the state
redemption price at maturity of such Bond and the number of complete years to the first optional
redemption date for such Bond; and (e) no Bond subject to optional redemption bears interest at a
rate that increases during the term of the Bond.
In the case of that portion of the Bonds subject to mandatory redemption, the yield on the
Bonds is calculated by treating the outstanding stated principal amounts payable on the mandatory
redemption dates as payments on such dates because the stated redemption price at maturity of
such Bonds does not exceed the issue price of such Bonds by more than one-fourth of one percent
multiplied by the product of the stated redemption price at maturity and the number of years to the
date of the weighted average maturity (determined by taking into account the mandatory
redemption schedule) of such Bonds.
The yield on the Bonds calculated in this manner is 3.850709 percent.
11. Temporary Periods and Yield Restriction. The County has incurred or will incur
within six months of the date hereof a binding obligation to a third party which is not subject to
any contingencies within the control of the County or a related party pursuant to which the County
is obligated to expend at least five percent of the sale proceeds of the Bonds on the Project. The
County reasonably expects that work on or acquisition of the Project will proceed with due
diligence to completion and that the proceeds of the Bonds will be expended on the Project with
reasonable dispatch. The County reasonably expects that 85 percent of the sale proceeds of the
Bonds will have been expended on the Project prior to the date that is three years after the issue
date. Accordingly, the County may invest the sale proceeds of the Bonds at an unrestricted yield
for a three year temporary period. Any sale proceeds not expended prior to the date that is three
years after the issue date, will be invested at a yield not "materially higher" than the yield on the
Bonds, except as set forth in paragraph 13 below. The County reasonably expects that any amount
derived from the investment of sale proceeds of the Bonds and from the investment of such
investment income will not be commingled with substantial other receipts or revenues of the
County and will be expended prior to the date that is three years after the issue date, or one year
after receipt of such investment income, whichever is later. Accordingly, the County may invest
such investment proceeds at an unrestricted yield. Any such investment proceeds not expended
prior to such date will be invested at a yield not "materially higher" than the yield on the Bonds,
except as set forth in paragraph 13 below. For purposes of this certificate, "materially higher"
shall have the meaning set forth in section 1.148-2(d)(2) of the Regulations.
-5-
506030430.1
12. Bond Fund. Pursuant to the Bond Resolution, the County has confirmed the debt
service fund designated the "Grant County Limited Tax General Obligation Bond Fund, 2022"
(the "Bond Fund") which will be used primarily to achieve a proper matching of taxes levied,
assessed and collected for and on account of the Bonds and debt service on the Bonds, within each
Bond Year. The taxes levied, assessed and collected for and on account of the Bonds are
anticipated to be sufficient to pay debt service each year on the Bonds. The Bond Fund will be
depleted at least once each year except for a reasonable carryover amount not to exceed the greater
of (a) one year's earnings on the Bond Fund or (b) one-twelfth of annual debt service. The County
reasonably expects that any such revenues deposited in the Bond Fund will be disbursed within
13 months of the date of receipt of such revenues by the County. Amounts on deposit in the Bond
Fund may be invested for an allowable temporary period of 13 months from the date such amounts
are deposited into the Bond Fund. Any such amounts not expended within such period will be
invested at a yield not "materially higher" than the yield on the Bonds, except as set forth in
paragraph 13 below.
13. Minor Portion. All gross proceeds will be invested in accordance with
paragraphs 11 and 12 above. To the extent such amounts remain on hand following the periods
set forth in paragraphs 11 and 12 above or exceed the limits set forth in paragraph 12 above, the
County will invest such amounts at a restricted yield as set forth in such paragraphs; provided,
however, that a portion of such amounts, not to exceed in the aggregate the lesser of $100,000 or
five percent of the sale proceeds of the Bonds (the "Minor Portion"), may be invested at a yield
which is higher than the yield on the Bonds.
14. Issue. There are no other obligations that (a) have been or will be sold within
15 days of the Bonds, (b) are sold pursuant to the same plan of financing with the Bonds, and (c)
will be paid out of substantially the same source of funds as the Bonds.
15. Compliance With Rebate Requirements. The County has covenanted in the Bond
Resolution that it will take all necessary steps to comply with the requirement that rebatable
arbitrage earnings on the investment of the gross proceeds of the Bonds, if any, within the meaning
of section 148(f) of the Code be rebated to the federal government. Specifically, the County will
(a) maintain records regarding the investment of the gross proceeds of the Bonds as may be
required to calculate such rebatable arbitrage earnings separately from records of amounts on
deposit in the funds and accounts of the County which are allocable to other bond issues of the
County or moneys which do not represent gross proceeds of any bonds of the County, (b) calculate
at such intervals as may be required by applicable Regulations, the amount of rebatable arbitrage
earnings, if any, earned. from the investment of the gross proceeds of the Bonds and (c) pay, not
less often than 60 days after every fifth anniversary date of the delivery of the Bonds and within
60 days following the final maturity of the Bonds, or on such other dates required or permitted by
applicable Regulations, all amounts required to be rebated to the federal government. Further, the
County will not indirectly pay any amount otherwise payable to the federal government pursuant
to the foregoing requirements to any person other than the federal government by entering into any
investment arrangement with respect to the gross proceeds of the Bonds that might result in a
reduction in the amount required to be paid to the federal government because such arrangement
results in a smaller profit or a larger loss than would have resulted if the arrangement had been at
arm's-length and had the yield on the issue not been relevant to either party.
in
506030430.1
16. Not an Abusive Transaction.
(a) General. No action taken in connection with the issuance of the Bonds
will enable the County to (i) exploit, other than during an allowable temporary period, the
difference between tax-exempt and taxable interest rates to obtain a material financial advantage
(including as a result of an investment of any portion of the gross proceeds of the Bonds over any
period of time, notwithstanding that, in the aggregate, the gross proceeds of the Bonds are not
invested in higher yielding investments over the term of the Bonds), and (ii) issue more bonds,
issue bonds earlier, or allow bonds to remain outstanding longer than is otherwise reasonably
necessary to accomplish the governmental purposes of the Bonds. To the best of our knowledge,
no actions have been taken in connection with the issuance of the Bonds other than actions that
would have been taken to accomplish the governmental purposes of the Bonds if the interest on
the Bonds were not excludable from gross income for federal income tax purposes (assuming the
hypothetical taxable interest rate would be the same as the actual tax-exempt interest rate on the
Bonds).
(b) No Sinking. No portion of the Bonds has a term that has been
lengthened primarily for the purpose of creating a sinking fund or similar fund with respect to the
Bonds.
17. No Arbitrage. On the basis of the foregoing facts, estimates and circumstances, it
is expected that the gross proceeds of the Bonds will not be used in a manner that would cause any
of the Bonds to be an "arbitrage bond" within the meaning of section 148 of the Code and the
Regulations. To the best of the knowledge and belief of the undersigned, there are no other facts,
estimates or circumstances that would materially change such expectations.
18. No Private Use, Payments or Loan Financing.
(a) General. The County reasonably expects, as of the date hereof, that no
action or event during the entire stated term of the Bonds will cause either the "private business
use test," the "private security or payment test" or the "private loan financing test," as such terms
are defined in the Regulations, to be met. Specifically,
(i) Not more than 10 percent of the proceeds of the Bonds will be used
in a trade or business of a nongovernmental person. For purposes of determining use, the
County will apply rules set forth in applicable Regulations and Revenue Procedures
promulgated by the Internal Revenue Service, including, among others, the following rules:
(A) any activity carried on by a person other than a natural person or a state or local
governmental unit will be treated as a trade or business of a nongovernmental person; (B)
the use of all or any portion of the Project is treated as the direct use of proceeds; (C) a
nongovernmental person will be treated as a private business user of proceeds of the Bonds
as a result of ownership, actual or beneficial use pursuant to a lease, or a management or
incentive payment contract, or certain other arrangements such as a take -or -pay or other
output -type contract; and (D) a nongovernmental person will be treated as a private
business user of the proceeds of the Bonds if the person has special legal entitlements to
use directly or indirectly the Project. The County and each developer that may use any
portion of the Project during an initial development period reasonably expect on the date
-'7-
506030430°1
hereof to proceed with all reasonable speed to develop each portion of the Project and the
property benefited by that portion of the Project and to transfer each such portion of the
Project to a governmental person. Each such portion of the Project will in fact be
transferred to a governmental person promptly after the property benefited by each such
portion of the Project is developed.
(ii) The County has not taken and will not take any deliberate action that
would cause or permit the use of any portion of the Project to change such that such portion
will be deemed to be used in the trade or business of a nongovernmental person for so long
as any of the Bonds remains outstanding (or until an opinion of nationally recognized bond
counsel is received to the effect that such change in use will not adversely affect the
excludability from gross income for federal income tax purposes of interest payable on the
Bonds). For this purpose, any action within the control of the County is treated as a
deliberate action. A deliberate action occurs on the date the County enters into a binding
contract with a nongovernmental person for use of the Project that is not subject to any
material contingencies.
(iii) All payments of the debt service on the Bonds will be paid from and
secured by a generally applicable tax. For this purpose, a generally applicable tax is a tax
(A) that is an enforced contribution exacted pursuant to legislative authority in the exercise
of the taxing power that is imposed and collected for the purpose of raising revenue to be
used for governmental purposes and (B) that has a uniform tax rate that is applied to all
persons of the same classification in the appropriate jurisdiction using a generally
applicable manner of determination and collection. No portion of the payment of the debt
service on the Bonds will be directly or indirectly derived from payments (whether or not
to the County or any related party) in respect of property, or borrowed money, used or to
be used for a private business use. Furthermore, no portion of the payment of the debt
service on the Bonds will be directly or indirectly secured by any interest in property used
or to be used for a private business use or payments in respect of property used or to be
used for a private business use.
(iv) No portion of the proceeds of the Bonds will be directly or indirectly
used to make or finance a loan to any person other than a state or local governmental unit.
(b) Dispositions of Personal Property in the Ordinary Course. The County
does not reasonably expect that it will sell or otherwise dispose of personal property components
of the Project financed with the Bonds other than in the ordinary course of an established
governmental program that satisfies the following requirements:
(i) The weighted average maturity of the portion of the Bonds financing
personal property is not greater than 120 percent of the reasonably expected actual use of
such personal property for governmental purposes;
(ii) The reasonably expected fair market value of such personal property
on the date of disposition will be not greater than 25 percent of its cost;
-8-
506030430.1
(iii) Such personal property will no longer be suitable for its
governmental purposes on the date of disposition; and
(iv) The County is required to deposit amounts received from such
disposition in a commingled fund with substantial tax or other governmental revenues and
the County reasonably expects to spend such amounts on governmental programs within 6
months from the date of commingling.
Furthermore, the County will not sell or otherwise dispose of all or any portion of the
Proj ect in circumstances in which the foregoing requirements are not satisfied unless it has
received an opinion of nationally recognized bond counsel to the effect that such disposition will
not adversely affect the treatment of interest on the Bonds as excludable from gross income for
federal income tax purposes.
(c) Other Agreements. The County will not enter into any agreement with any
nongovernmental person regarding the use of all or any portion of the Project during the stated
term of the Bonds unless such agreement will not adversely affect the treatment of interest on the
Bonds as excludable from gross income for federal income tax purposes.
19. Weighted Average Maturity. The weighted average maturity of the Bonds set forth
on Exhibit A attached to this certificate is the sum of the products of the issue price of each group
of identical Bonds and the number of years to maturity (determined separately for each group of
identical Bonds and taking into account mandatory redemptions), divided by the aggregate sale
proceeds of the Bonds.
20. Federal Guarantee Prohibition. The Bonds are not "federally guaranteed" and the
County will not cause or allow the Bonds to become "federally guaranteed". Unless otherwise
excepted under section 149(b) of the Code, the Bonds will be considered federally guaranteed if:
(a) The payment of principal or interest with respect to the Bonds is guaranteed
(in whole or in part) by the United States (or any agency or instrumentality thereof);
(b) 5 percent or more of the proceeds of the Bonds are to be:
(i) used in making loans the payment of principal or interest with
respect to which are to be guaranteed (in whole or in part) by the United States (or any
agency or instrumentality thereof), or
(ii) invested (directly or indirectly) in federally insured deposits or
accounts; or
(c) The payment of principal or interest on the Bonds is otherwise indirectly
guaranteed (in whole or in part) by the United States (or an agency or instrumentality thereof).
The federal guarantee prohibition shall not apply to (i) proceeds of the issue invested for
an initial temporary period until such proceeds are needed for the purpose for which such issue
was issued, (ii) investments of a bona fide debt service fund, (iii) investments of a reasonably
-9-
506030430.1
required reserve fund, (iv) investments in bonds issued by the United States Treasury, or (v) other
investments permitted under Regulations.
21. Bonds are not Hedge Bonds. The Bonds are not hedge bonds because not more
than 50 percent of the proceeds of the Bonds will be invested in nonpurpose investments (as
defined in section 148(fl(6)(A) of the Code) having a substantially guaranteed yield for four years
or more within the meaning of section 149(g)(3)(A)(ii) of the Code. Further, the County
reasonably expects that at least 85 percent of the spendable proceeds of the Bonds will be used to
carry out the governmental purposes of the Bonds within the three-year period beginning on the
date the Bonds are issued.
EXECUTION PAGE FOLLOWS
-10-
506030430.1
SIGNATURE PAGE TO FEDERAL TAX CERTIFICATE
GRANT COUNTY, WASHINGTON
By:
Name: Darryl Pheasant
Title: Treasurer
Date: September 1, 2022
506030430.1
SIGNATURE PAGE TO FEDERAL TAX CERTIFICATE
GRANT COUNTY, WASHINGTON
By:
Name: Darryl Pheasant
Title: Treasurer
Date: September 1, 2022
506030430.1
0
1 *414 1 0 - MAP
PRICE CERTIFICATE
$8195359000
GRANT COUNTY, WASHINGTON
LIMITED TAX GENERAL OBLIGATION BONDS, 2022
The undersigned, on behalf of D.A. Davidson & Co. ("Davidson") hereby certifies as set forth
below with respect to the sale and issuance of the above -captioned obligations (the "Bonds").
1. Sale of the General Rule Maturities. As of the date of this certificate, for each
Maturity of the General Rule Maturities, the first price at which at least 10% of such Maturity was
sold to the Public is the respective price listed in Schedule A.
2. Defined Terms.
(a) General Rule Maturities means those Maturities of the Bonds listed in Schedule A
hereto as the "General Rule Maturities."
(b) Issuer means Grant County, Washington.
(c) Maturity means Bonds with the same credit and payment terms. Bonds with
different maturity dates, or Bonds with the same maturity date but different stated interest rates,
are treated as separate maturities.
(d) Public means any person (including an individual, trust, estate, partnership,
association, company, or corporation) other than an Underwriter or a related party to an
Underwriter, as defined in subsection (f) below. The term "related party" for purposes of this
certificate generally means any two or more persons who have greater than 50 percent common
ownership, directly or indirectly.
(e) Sale Date means the first day on which there is a binding contract in writing for the
sale of a Maturity of the Bonds. The Sale Date of the Bonds is August 17, 2022.
(f) Underwriter means (i) any person that agrees pursuant to a written contract with
the Issuer (or with the lead underwriter to form an underwriting syndicate) to participate in the
initial sale of the Bonds to the Public, and (ii) any person that agrees pursuant to a written contract
directly or indirectly with a person described in clause (i) of this paragraph to participate in the
initial sale of the Bonds to the Public (including a member of a selling group or a party to a retail
distribution agreement participating in the initial sale of the Bonds to the Public).
3. Pricing Certification.
The Underwriter confirms that the arbitrage yield of the Bonds is 3.850709% and that the
weighted average maturity of the Bonds is 22.1868 years.
A-1
506030430°1
The representations set forth in this certificate are limited to factual matters only. Nothing
in this certificate represents Davidson's interpretation of any laws, including specifically Sections
103 and 148 of the Internal Revenue Code of 1986, as amended, and the Treasury Regulations
thereunder. The undersigned understands that the foregoing information will be relied upon by
the Issuer with respect to certain of the representations set forth in the Tax Exemption and
Nonarbitrage Certificate and with respect to compliance with the federal income tax rules affecting
the Bonds, and by K&L Gates LLP in connection with rendering its opinion that the interest on
the Bonds is excluded from gross income for federal income tax purposes, the preparation of the
Internal Revenue Service Form 8038-G, and other federal income tax advice that it may give to
the Issuer from time to time relating to the Bonds.
D.A. Davidson & Co.
Name: Jim Nelson
Title: Senior Vice President
Dated: September 1, 2022
A-2
506030430.1
SCHEDULE A
SALE PRICES OF THE GENERAL RULE MATURITIES
$8195359000
GRANT COUNTY, WASHINGTON
LIMITED TAX GENERAL OBLIGATION BONDS, 2022
(1) Priced to the call date of June 1, 2032
(2) Term Bond
506030430.1
Sales Price of
General Rule
Maturities
Maturity
Principal
(10% sold to
(Dec. 1)
Amount
Public)1
2022
$2,000,000
100.676%
2023
$8855000
103.304
2024
$930,000
105.861
2025
$9809000
108.209
2026
$1,02500
110.569
2027
$1,080,000
112.591
2028
$191309000
114.378
2029
$1,190,000
115.833
2030
$1,2509000
117.227
2031
$1,310,000
118.082
2032
$1,3759000
118.372(1)
2033
$1,445,000
116.702(1)
2034
$1,515,000
115.513(1)
2035
$1,595,000
114.0691)
2036
$19670,000
113.355(1)
2037
$1,755,000
112.912(1)
2038
$1,845,000
112.383(l)
2039
$19935,000
111.856(1)
2040
$2,030,000
111.420(1)
2041
$2913500
110.813(1)
2042
$2,24000
110.467(1)
20472
$13,0609000
111.8891)
20522
$169500,000
97.048
20572
$20,6559000
110.173(1)
(1) Priced to the call date of June 1, 2032
(2) Term Bond
506030430.1
SCHEDULE B
PRICING WIRE
506030430°1
Form8038=G
(Rev. October 2021)
Department of the Treasury
Internal Revenue Service
Information Return for Tax -Exempt Governmental Bonds
0- Under Internal Revenue Code section 149(e)
Poo- See separate instructions. OMB No. 1545-0047
Caution: If the issue price is under $100,000, use Form 8038 -GC.
00- Go to wwwJrs.gov1F8038G for instructions and the latest information.
0; M -E Reporting Authority Check box if Amended Return No- F-1
I Issuer's name
2 Issuer's employer identification number (EIN)
Grant County. Washington
91-6001319
3a Name of person (other than issuer) with whom the IRS may communicate about this return (see instructions)
3b Telephone number of other person shown on 3a
4 Number and street (or P.O. box if mail is not delivered to street address)
Room/suite
5 Report number (For IRS Use Only)
P.O. Box 37
14 88,485,023.10
15
6 City, town, or post office, state, and ZIP code
.13
7 Date of issue
1%12
Ephrata,, Washington 9882 3
0910112022
8 Name of issue
9 CUSIP number
Limited Tax General Obligation Bonds,, 2022
387802FN6
10a Name and title of officer or other employee of the issuer whom the IRS may call for more information
10b Telephone number of officer or other
Proceeds allocated to reasonably required reserve or replacement fund 26g
employee shown on 10a
Dar Pheasant, Treasurer
509 754-2011
t:F-nMV
i ype OT issue (inter ine issue price.) bee the instructions and attach schedule.
(b) Issue price
(c) Stated redemption
11
12
13
14
15
16
17
18
19a
b
20
Education . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Health. and hospital . . . . . . . . . . . . . . . . . . . . . . . .
Transportation . . . . . . . . . . . . . . . . . . . . . . . . . .
Public safety . . . . . . . . . . . . . . . . . . . . . . . . . . .
Environment (including sewage bonds) . . . . . . . . . . . . . . . . . .
Housing . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other. Describe lo-
If bonds are TANs or RANs, check only box 19a . . . . . . . . . . . . . . .
If bonds are BANs, check only box 19b . . . . . . . . . . . . . . . . . .
If bonds are in the form of a lease or installment sale, check box . . . . . . . . .
. .
. .
. .
. .
. .
. .
. .
Poo. El
11
12
13
14 88,485,023.10
15
16
17
18
$ 811,53500.001
M MMt
Description of Bonds. Complete for the entire issue for which this form is being filed.
0-
t:F-nMV
(a) Final maturity date
(b) Issue price
(c) Stated redemption
(d) Weighted
(e) Yield
. .
22
0
price at maturity
average maturity
23 Issue price of entire issue (enter amount from line 21, column (b)) . . . . . . . . . . .
21
1 12101/2057
1$ 88,485,023.101
$ 811,53500.001
22.1868 years
3.8507 %
t:F-nMV
Uses of Proceeds of Bond Issue (including underwriters' discount)
22
Proceeds used for accrued interest . . . . . . . . . . . . . . . . . . .
. .
22
0
23
881,485r023.10
23 Issue price of entire issue (enter amount from line 21, column (b)) . . . . . . . . . . .
24
Proceeds used for bond issuance costs (including underwriters' discount) 24 438,833.0%111-
25
Proceeds used for credit enhancement . . . . . . . . . . . . 25
0-
26
Proceeds allocated to reasonably required reserve or replacement fund 26g
0
1_�
27
Proceeds used to refundprior tax-exempt bonds. Complete Part V . 27
0,301
MIN
28
Proceeds used to refund prior taxable bonds. Complete Part V . . . . 28
0'may;
-
29
Total (add lines 24 through 28) . . . . . . . . . . . . . . . . . . . . .
. .
29
438,833.00
1 30
88,046,190.10
30 Nonrefunding proceeds of the issue (subtract line 29 from line 23 and enter amount here) . . .
1 9.WW
Description of Refunded Bonds. Complete this part only for refunding bonds.
31
Enter the remaining weighted average maturity of the tax-exempt bonds to be refunded . .
. 11110.
NIA years
32
Enter the remaining weighted average maturity of the taxable bonds to be refunded . . .
. 10*
NIA years
33
Enter the last date on which the refunded tax-exempt bonds will be called (MM/DD/YYYY)
00.
NIA
34
Enter the date(s) the refunded bonds were issued loo- (MM/DD/YYYY)
NIA
For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 63773S
Form 8038-G (Rev. 10-2021)
Form 8038-G (Rev. 10-2021) pam*2
11,01
Miscellaneous
35
Enter the amount of the state volume cap allocated to the issue under section 141 (b)(5) . . . . 35
0
36a
Enter the amount of gross proceeds invested or to be invested in a guaranteed investment contract
b
Enter the final maturity date of the GIC 00- (MM/DD/YYYY) 45
c
Enter the name of the GIC provider 0-
37
Pooled financings: Enter the amount of the proceeds of this issue that are to be used to make loans
38a
If this issue is a loan made from the proceeds of another tax-exempt issue, check box 00- El and enter the following information:
b
Enter the date ofthe master pool bond k0-(NM/OD/YYYY)
c
Enter the BNofthe issuer ofthe master pool bond l0o-
d
Enter the name ofthe issuer ofthe master pool bond Ill'o-
39
If the issuer has designated the issue under section 265(b)(3)(B)(i)(111) (small issuer exception), check box
F-1
40
If the issuer has elected to pay a penalty in lieu of arbitrage rebate, check box . . . . . . . . . . . . . Poo.
[]
41 a
If the issue r has identified ehedge, check here lo- U and enter the following information:
b
Name ofhedge provider Vo-
c
Type ofhedge U�
d
Term ofhedge N~
42
|fthe issuer has ouper|ntegnatedthe hedge, check box . . . . . . ' . ' ' . ' ' ' ' ' . . ' ' '
43
If the issuer has established written procedures to ensure that all nonqua\ifiad bonds of this issue are mamediated
according to the requirements under the Code and Regulations (see instructions), check box . . . . . . . . N~
44
|fthe issuer has established written procedures to monitor the requirements of section 148, check box N*
45a
If some portion of the proceeds was used to reimburse expenditures, check here Poo- [1and enter the amount
of reimbursement . . . . . . . ' . . ' . ' '
Enter the date theofficial iadopted
Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge
an, beliel, they are true, correct, and complete. I TU her declare-Enal 1consent to Ine IFIS s disciosureOT Ine issuer s return information, as necessary to
Signature process this re Wrn, to the person that I have authorized above.
and
Darryl Pheasant,, Treasurer
Consent
Z Signature of issuer's authorized representative Date Type or print name and title
Paid . Vdint/Type preparer's name Preparer's signature Date Check 0 if PTIN
Robert Starin self-employed P01485649
Preparer Firm's name 00- K&L Gates LLP Firm's EIN 10- 250921018
Use Only Firm's address Pl- 925 Fourth Avenue,, Suite #2900,, Seattle,, WA 98104-1158 Phone no. 206-623-7580
Form 8038'G(Ro^10-2o21)