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HomeMy WebLinkAboutord2020-015Whatcom County COUNTY COURTHOUSE 311 Grand Avenue, Ste #105 .ter. Bellingham, WA 98225-4038 (360) 778-5010 Agenda Bill Master Report ;11161►` I1 7i1 IMM-11 *1ZI 115 11.1i File ID: AB2020-165 Version: 1 Status: Adopted File Created: 04/01/2020 Entered by: THelms@co.whatcom.wa.us Department: County Executive's File Type: Ordinance Office Assigned to: Council (Special) Final Action: 04/03/2020 Agenda Date: 04/03/2020 Enactment #: ORD 2020-015 Primary Contact Email: tschroed@co.whatcom.wa.us TITLE FOR AGENDA ITEM: Emergency Ordinance authorizing an interfund loan to finance cash flow for COVID-19 emergency response SUMMARY STATEMENT OR LEGAL NOTICE LANGUAGE: Request authorization for the Whatcom County Treasurer to make an interfund loan from the Public Utlilities Improvement Fund for cash flow purposes in the amount of $1,000,000 HISTORY OF LEGISLATIVE FILE Date: Acting Body: 04/03/2020 Council (Special) Action: Sent To: ADOPTED Aye: 7 Browne, Buchanan, Byrd, Donovan, Frazey, Elenbaas, and Kershner Nay: 0 Absent: 0 Attachments: Emergency Ordinance, Information from the Administration for 4.3.2020.pdf Whatcom County Page 1 Printed on 411012020 I' fangs 1 0 : 111M I 10 19 :0] Bill" 1101 Z I sy-11 9 1 1 ORDINANCE NO. 2020-015 FOR COVID-19 EMERGENCY RESPONSE WHEREAS, the County Executive has issued a Proclamation of Emergency to WHEREAS, Whatcom County Code chapter 2.02.135 provides for an emergency ordinance to become immediately effective when approved by two thirds vote of the County Council and signature of the County Executive; and, WHEREAS, the County is establishing a COVID-19 Emergency Response Fund to assistance and reimbursements; and, WHEREAS, the Public Utilities Improvement Fund (EDI Fund) is an appropriate response; and, FINDINGS: The spread of the COVID-19 virus presents a continuing threat to the health and safety of the citizens of Whatcom County. The County needs temporary NOW, THEREFORE, BE IT ORDAINED by the Whatcom County Council: The Whatcom County Treasurer is hereby authorized to make an interfund loan from the Public Utilities Improvement Fund to the COVID-19 Emergency Response Fund for •purposes._ loan shall not• $1,000,000 and shall be for a term not •'ing eighteen months. O" percent interest shall be • on loan.the t" 9 r day of 2020. fy�° a UVtYiATC�2All COUNTY COUNCIL GTONT(--- WHATCOM COUNTY, WASHING ,..' ' dark "Vrryuah�n*an, uitoun-61 Clerk , 3a Chair of Council3an gg APAROV A 'TG FORM: s Approved (j Denied Civil Deputy Prosecutor Satpal Sidhtk County Executive Cate: