029-05BOARD 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 CERTAIN COSTS OF CAPITAL IMPROVEMENTS FOR
PUBLIC SCHOOL PURPOSES
The County of Frederick, Virginia (the "County") has determined that it may be necessary or
desirable to advance money to pay the costs of certain capital improvements for public school purposes (the
"Project").
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE
COUNTY OF FREDERICK, VIRGINIA:
1. The Board of Supervisors adopts this declaration of official intent under Treasury Regulations
Section ] .1 SO-2.
2. The Board of Supervisors reasonably expects to reimburse advances made or to be made by the
County to pay the costs of the Project from the proceeds of one or more financings. The maximum amount
of financing expected to be issued for the Project is $1,000,000.
3. This resolution shall take effect immediately upon its adoption.
The foregoing resolution was adopted by the Board of Supervisors at its meeting on November 9,
2005 by the following roll call vote:
Member
Vote
Richard C. Shickle Aye
Gary W. Dove Aye
Barbara E. Van Osten Aye
Lynda J. Tyler Aye
Bill M. Ewing Aye
Gene E. Fisher Aye
Gina A. Forrester Aye
Absent:
No one was absent.
~~~~~
Jo'l~n R. Riley, Jr6
Clerk, Board of Supervisors
County of Frederick, Virginia
Resolution No.: 029-OS