013-00
BOARD OF SUPERVISORS
RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF FREDERICK,
VIRGINIA DECLARING ITS INTENTION TO REIMBURSE ITSELF FROM THE PROCEEDS
OF ONE OR MORE FINANCINGS FOR CAPITAL PROJECTS FOR PUBLIC SCHOOL
PURPOSES
WHEREAS, the Board of Supervisors for the County of Frederick, Virginia (the "County") has
determined that it may be necessary or desirable to advance money to pay the costs of acquiring, renovating,
constructing and equipping certain capital projects for public school purposes (the "Projects").
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE
COUNTY OF FREDERICK, VIRGINIA:
I. The Board of Supervisors adopts this declaration of official intent under Treasury Regulations
Section !.lSO.2.
2. The Board of Supervisors reasonably expects to reimburse advances made or to be made by the
county or the school board to pay the costs of acquiring, renovating, constructing and equipping the Projects
from the proceeds of its debt or other financings. The max.imum amount of debt or other financing expected
to be issued in for the Projects is $3,000,000.
3. This resolution shall take effect immediately upon its adoption.
Upon motion made by W. Harrington Smith, Jr. and seconded by Robert M. Sager, the foregoing
resolution was adopted by the Board of Supervisors at their meeting on September 27,2000 by the following
recorded vote:
Richard C. Shickle
Aye
Robert M. Sager
Aye
Sidney A. Reyes
Aye
Aye
W. Harrington Smith, Jr.
Aye
Aye
Margaret B. Douglas
Charles W. Orndoff, Sf.
A COPY TESTE:
/
IohnR . il ,Ir. f
Clerk~ oard of Supervidors
County of Frederick, Virginia
RESOLUTION NO.: 013-00
cc: Dr. William C. Dean, School Superintendent
Cheryl B. Shiffler, County Finance Director
C. William Orndoff, Jr., County Treasurer