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HomeMy WebLinkAboutBudget Extension - BOCCGRANT COUNTY AUDITOR'S OFFICE P.O. BOX 37 EPHRATA, WA 98823 May 26, 2020 Grant County Commissioners PO Box 37 Ephrata, WA 98823 Dear County Commissioners, Dated this o�6'-a day of . 20c�b Board of County Commissioners Grant County. Washington AWro%,e Disapprove Abstain Dist # 1 Dist # I Dist # 1 Dist #2 Dist # 2 Dist # 2 Dist #3 Dist # 3 Dist # 3 The Finance Committee met today, we reviewed a request for Grant County Fire District 10. They are requesting to be approved for a bridge loan not to exceed 1.1 million dollars to facilitate the purchase of a capital project. This loan would be paid in full in October 2020. Our recommendation is to approve this request. Thank you for your time and consideration in this matter. r�Tr-e-asurer,Chairofe Finance Committee Chair of a Board of County Commissioners Auditor, Finance MAY 2 1 2020 GRANT COUNTY FIRE DISTRICT NO. 10 336 Camelia Street NE — PO Box 220 — Royal City WA 99357 (509) 346-2658 - Fax (509) 346-2129 May 21, 2020 Grant County Finance Committee PO Box 37 Ephrata, WA 98823 Honorable Committee: Grant County Fire District No. 10 is requesting the approval of registered warrant(s), not to exceed 1.1 Million Dollars to facilitate the purchase of a capital project through an interlocal agreement with the Port of Royal Slope, The purchase is expected to be completed by July 2020. Grant County Fire District 10 has been pre -approved for the Washington State Treasures LOCAL program for funding of the purchase. The next available bond sale is October 2020. After that date of the bond sale, the funds will be reimbursed for the registered warrant(s). Yours in Fire and Life Safety, Eric A. Linn, Fire Chief Cc: file eal �, f 2 11 2020 GRANT COUNTY FINANCE COMMITTEE AGENDA MEETING DATE 5/26/20 9:00 AM APPROVAL OF MINUTES OF PRIOR MEETING 4/28/20 INVESTMENT ACTIVITY -PURCHASES AND MATURITIES REGISTERED WARRANT BALANCES REVIEW REVENUES COMPARISONS FOR PRIOR MONTH AND YEAR AGO NEW BUSINESS HOSPITAL REGISTERED WARRANT CAP LEVELS FIRE 10 BRIDGE LOAN REQUEST COVID REQUEST CONTRACT OLD BUSINESS MEETING ADJOURNED RECEIVED p'Y 2 2 2020 GRANT CONTY COMMISSIONERS June 15, 2020 Eric Linn, Fire Chief Grant County Fire District No. 10 PO Box 220 Royal City, WA 99357 Dear Chief Linn: GRANT COUNTY OFFICE OF THE BOARD OF COUNTY COMMISSIONERS P O Box 37 EPHRATA WA 98823 (509) 754-2011 On May 21, 2020 the Grant County Commissioners received a recommendation from the Finance Committee to approve Fire District No. 10 request for approval of registered warrant(s) not to exceed 1.1 million dollars to facilitate the purchase of a capital project through and interlocal agreement with the Port of Royal Slop. This recommendation was placed the Board's May 26, 2020 Consent Agenda for consideration. After discussion, the Board voted to approve your request (see attached). Please work with Treasurer Darryl Pheasant on this process. Sincerely, BOARD OF GRANT COUNTY COMMISSIONERS Bar ara J. Vasquez k of the Board bjv Cc: Grant County Commissioners Grant County Finance Committee Richard Stevens Tom Taylor District 1 District 2 Cindy Carter District 3 "TO MEET CURRENT AND FUTURE NEEDS, SERVING TOGETHER WITH PUBLIC AND PRIVATE ENTITIES, WHILE FOSTERING A RESPECTFUL AND SUCCESSFUL WORK ENVIRONMENT."