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1983-16 Authorizing Inter-Fund Borrowing For The Monashka Bay Road Service Area.1 n n 1 1 1 KODIAK ISLAND BOROUGH RESOLUTION NO. 83 -16 -R A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY AUTHORIZING INTER FUND BORROWING FOR THE MONASHKA BAY ROAD SERVICE AREA. WHEREAS, the Kodiak Island Borough held a special election on January 11, 1983 with the proposition "Shall the Kodiak Island Borough Exercise Road Powers Within the Monashka Road Service Area Including But Not Limited To Road Design, Construction, Maintenance And Administration For Improvements Of Public Roads," and WHEREAS, the results of the election were 36 persons in favor of establishing a road service district and 7 people voting in opposition, and WHEREAS, the Kodiak Island Borough Assembly did on January 20, 1983 certify the results of the election and appoint the members of the road service district until the next general election, and WHEREAS, the service district will not be able to levy a tax until July 1, 1983 but is anxious to proceed immediately with road maintenance. NOW, THEREFORE, BE IT RESOLVED that the Borough Manager is authorized and directed to advance up to $8,000 to accomplish any and all tasks relative to road design, construction, maintenance and administration for improvement of public roads in the Monashka Bay Road Service Area. These funds are made from the General Fund without interest and all such funds will be restored by the road service district during their first budget year commencing July 1, 1983. PASSED AND APPROVED this 3rd day of February the Borough Assembly. ATTEST: By,-s::111�1"Dv+C /7/n Borough Clg k , 1983 by