Loading...
HomeMy WebLinkAboutCOMM - Meeting Minutes - 225 - 2-21-1947 - COMMISSIONER�1 BOARD OF COUNTY COMMISSIONERS WASHIN13TON COUNTY, PENNSYLVANIA ROSS R. CUMMINS, FRANCIS E. PETTIT, JOHN N. O'NEIL, COMMISSIONERS Motion carried. There being no further business to come before the Board at this time, the meeting was adjourned. Feb. 21, 1947 ATTEST:. NO. 225 5*15 Office of the County Commissioners Washington.. Pa., Feb. 21, 1947 Board of County Commissioners in regular session, those present -being Mr. Cummins and Mr. Pettit. Minute No. 224 read and approved. The following Resolution of the Board of County Commissioners -of the County of State of Pennsylvania, relative to the issue by the said County of a note for One Hundred Thousand ($100,000.00) Dollars as a temporary loan, was presented, duly seconded and adopted by said Board, to -wit: WHEREAS, it has become necessary for said Board to borrow the sum of One Hundred Thousand ($100..000.00) Dollars for the purpose of meeting current expenses for the year 1946, and to be payable out of taxes and other current revenues which have been assessed and are to be levied and collected by the County during the year 1947; now.. therefore, BE IT RESOLVED by the Board of County Commissioners of the said County of Washington, that for the purpose of providing funds for the payment of current expenses of the County, the proper officials of the said County are hereby authorized and directed to negotiate a temporary loan on such terms as may be agreed upon by them, payable out of taxes which are to be levied and collected during the year 1947., and so much of said taxes as may be necessary to repay said loan, with interest, is hereby set aside and designated for that purpose, and issue a note therefor, payable August 5, 19472 with interest from date of said note at the -rate of one (1) per cent. per annum, free of all taxes Levied by the Commonwealth of Pennsylvania, which said taxes the County of Washington assumes and agrees to pay.. said note to be negotiated as follows: GENERAL FUND SINKING FUND COMUESSION .................$1.00,000.00 There being no further business to come before the Board at this time, the meeting was adjourned. Feb. 243 1947� ATTESTs� �r �tfu� 1