HomeMy WebLinkAboutCOMM - Meeting Minutes - - 4-29-1938 - COMMISSIONER MINUTE BOOK 2.11
BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA
JOHN D. BERRYMAN, EARL B. AMOS, JOHN N. O'NEIL COMMISSIONEFM
�ARD PRINTINu 01111
Office of the County Commissioners,
Washington, Pa., April 29, 1938.
Board of County Commissioners in regular session, each member having had
personal notice of meeting, members present being Messrs. Berrymam, Amos and
Of Neil.
The following Resolution of the Board of County Commissioners of the County
of Washington'. 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 sild Board bo borrow the su*,, of One
Hundred ,Thousand (floo.,000.00) Dollars for the purpose of meeting current ex-
penses for the year 1938 and to be payable out of taxes and other current revenues
which have been assessed and levied and are to be collected by the County during
the year 1938,1 now, therefore,
I
BE IT RESOLVED, by the Board of County Commissioners of thp 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 au-
thorized and directdd to negotiate a temporary loan on such terms as may be
agreed upon by them, payable out of taxes which have been levied and are to be
collect6d during the year 1938, and so much of said taxes as may be necessary to
repay said loan, with interest, are hereby set aside and designated for that
purpose, and issue a note therefor, payable August 5 1938, with interest from
date of said note at the -rate of two and one-half (21)- 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 and
issued as follows:
THE WASHINGTOK,,UNION TRUST COMPANY, Washington, Pa., $1000000.00
There being no further business before the Board, the meeting was adjourned.
(SIGNED) gple*( -Oj_zymwet_�
V
COUNTY COMMISSIONERS.