035-08RESOLUTION 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 IMRPOVEMENTS
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, specifically for the renovation/addition to Apple Pie Ridge elementary
school (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. ] 50 -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
January 23, 2008 by the following roll call vote:
VOTE:
Richard C. Shickle Aye Bill M. Ewing Aye
Gene E. Fisher Aye Philip A. Lemieux Aye
Charles S. DeHaven Ave Gary A. Lofton Ave
Gary W. Dove Aye
�.
John R. i1�y, Tr., Jerk, Board of Supervisors,
County o Frederick, Virginia
Resolution No.: 035 -OS
RESOLUTION
FISCAL YEAR 2007 -2008 BUDGET AMENDMENT
WHEREAS, the Frederick County Board of Supervisors, meeting in regular session
and public hearing held on January 23, 2008, took the following action:
NOW, THEREFORE, BE IT RESOLVED, by the Board of Supervisors that the FY
2007 -2008 Budget be Amended to Reflect:
School Construction Fund Supplemental Appropriation in the Amount of $5 000 000
This Amount Represents Funds for:
Land Acquisition, Architectural Design, Engineering and Site Testing up to the Point
that Bid Documents are Published for a Proposed Transportation Facility and
Replacement Frederick County Middle School;
Construction of Apple Pie Ridge.
Upon motion made by Bill M. Ewing and seconded by Gary W. Dove, the Board of
Supervisors approved the Transportation Faality and Frederick County Middle School
Protects with funds for land acquisition to come from Fund Balance to be reimbursed from
VPSA bond proceeds; and approved up to $1,000,000 for the Apple Pie Ridge renovations
to be funded from VPSA proceeds, along with the reimbursement resolution.
The above motion was passed by the following recorded vote:
Richard C. Shickle Aye Bill M. Ewing Aye
Gene E. Fisher Aye Philip A. Lemieux Aye
Gary W. Dove Aye Charles S. DeHaven, Jr. Aye
Gary A. Lofton Aye
A COPY TESTE:
n ie ,
e ,Boar of Supervisors
County of Frederick, Virginia
Resolution No.: 034 -08
Original: Cheryl B. ShifFler, Finance Director
cc: Patricia Taylor, School Superintendent
Lisa Frye, School Finance Director
C. William Orndoff, Jr., Treasurer