REVISED COMPLETED BOARD ORDER7?Before the Board of Supervisors in and for the
County of Monterey, State of California
Agreement No. A-12011; Resolution No. 11-210
a. Approve the local agency resolution and approve the
borrowing of funds for fiscal year 2011-12; the
issuance and sale of Tax and Revenue Anticipation
Note therefore, at the maximum legal amount, but
not to exceed $60 million, through participation in
the California Communities Cash Flow Financing
Program; and
b. Authorize the County Debt Manager to execute the
required documents
Upon motion of Supervisor Salinas, seconded by Supervisor Armenta, and carried by
those members present, the Board hereby;
a. Approved the Local Agency Resolution No. 11-210 and approve the borrowing of
funds for fiscal year 2011-12; the issuance and sale of Tax and Revenue
Anticipation Note therefore, at the maximum legal amount, but not to exceed $60
million, through participation in the California Communities Cash Flow
Financing Program; and
b. Authorized the County Debt Manager to execute the required documents.
PASSED AND ADOPTED on this 14r" day of June, 2011, by the following vote, to wit:
AYES: Supervisors Armenta, Calcagno, Salinas, Parker, and Potter
NOES: None
ABSENT: None
I, Gail T. Borkowski, Clerk of the Board of Supervisors of the County of Monterey, State of California, hereby
certify that the foregoing is a true copy of an original order of said Board of Supervisors duly made and entered
in the minutes thereof of Minute Book 75 for the meeting on June 14, 2011.
Dated: June 24, 2011 Gail T. Borkowski, Clerk of the Board of Supervisors
Revised: July 7, 2011 County of Monterey, State of California
By
51
Deputy
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