CONSENT AGENDA REQUEST

Sponsor:

Board of Supervisors Meeting Date: 

Finance Committee

February 18, 2010

Staff Lead:

Department: 

Janet Romanchyk, Finance Director

Finance

Topic: 

A Resolution of Official Intent to Reimburse Expenditures with Proceeds of a Borrowing

Topic Description:

A reimbursement resolution is necessary to ensure the County has the option of requesting reimbursement for expenditures associated with the renovation of Fauquier High School prior to the receipt of bond proceeds.

Requested Action of the Board of Supervisors: 

Consider adoption of the attached resolution.

Financial Impacts Analysis:

Expenditures incurred 60 days (December 21, 2009) prior to the approval of the reimbursement resolution may be submitted for reimbursement from bond proceeds sold at a future date.

Identify any other Departments, Organizations or Individuals that would be affected by this request:

Fauquier County Public Schools   
                
Fauquier County Treasurer’s Office

Fauquier County Finance Department