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RES 1985-04 BUDGET FOR JAIL FACILITY RESOLUTION -�- 1985 -- RESOLUTION AUTHORIZING THE ESTABLISHMENT OF A JAIL -LAW ENFORCEMENT BUILDING CONSTRUCTION FUND AND INVESTMENT OF BOND PROCEED INTEREST EARNING INTO SUCH FUND. WHEREAS, the electorate of Jefferson County approved the issuance of $900,000 in county general obligation bonds on November 6, 1984, to design, construct, and furnish a new ,jail -law enforcement building in accordance with sections 7 -7 -2201 through 7 -7 -2237 MCA; and WHEREAS, the Board of County Commissioners sold such bond at a public sale on January 22, 1985, and deposited such funds with the county treasurer in accordance with sections 7 -7 -2238 through 7 -7 -2266 MCA; and WHEREAS, such funds are being invested in accordance with sections 7 -6 -201 through 7 -6 -213 MCA; and _WHEREAS, the Board of County Commissioners, in their overall effort to reduce the long -term debt of the county, desires to utilize the investment earnings from such funds to complete the project in accordance with section 7 -7 -2112 and 7 -7 -2261 MCA; NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners to establish the following jail -law enforcement facility project budget for FY 1984 -1985. Page 2, RESOLUTION - 1985 Construction - $100,000 Bond Proceedings - $ 3,500 Testing - Miscellaneous - $ 3,000 Design, A/E Fees - $ 70,000 Furnishings - $ 1,000 Dated this 25th day of March 1985. Board of'County Commissioners, Jefferson County Glen A. Stevens, Chairman 7 4Dougl Schmitz, Memb Ja s B. McCauley, Member Attest Joanne P. McFarlane, Clerk and Recorder �- �. �. _,, _. C `� } .; � � ��, � `�` _? ,, �