Proposal

Information

Type: Deliberation

Department: AUD - Auditor

Directors' Update: March 30, 2022

Business Meeting: April 5, 2022

Summary:

Establish a new capital projects fund - Broadband Infrastructure Fund No. 3400

Publications:

Cover Letter To:

Additional Copies To:

Resolution

Wording/In the matter of:

ESTABLISH A NEW CAPITAL PROJECTS FUND: BROADBAND INFRASTRUCTURE FUND NO. 3400

Resolution Number: 22-095

WHEREAS, the Washington State Broadband Office awarded infrastructure acceleration grants to help provide broadband connections to unserved and underserved communities and Tribal nations; and

WHEREAS, Lewis County was awarded a grant in the amount of $23.5 million to establish and expand broadband infrastructure; and

WHEREAS, it appears to be in the best interest of the County to establish a Capital Projects Fund to account for financial activities related to the Broadband Infrastructure Acceleration grant and any future funding related to broadband infrastructure.

NOW THEREFORE BE IT RESOLVED that the capital projects fund to be known as Broadband Infrastructure Fund No. 3400 is hereby established to account for and report financial resources that are restricted.

DONE IN OPEN SESSION this 5th day of April, 2022.