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HomeMy WebLinkAbout20132985.tiffRESOLUTION RE: DISTRIBUTION OF BANKHEAD-JONES FUNDS FOR 2013 WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board of County Commissioners of Weld County, Colorado, has adopted a policy that Bankhead-Jones Funds will be distributed to the Weld County Public Works Fund and the affected School Districts (RE -2, RE -9, RE -10J, RE -11, and RE -12) on the basis of a 50/50 percent split, and WHEREAS, the Weld County Controller has prepared Exhibit "A," attached hereto and incorporated herein as part of this Resolution, showing the calculation of the distribution of Bankhead-Jones Tenant Act Funds to the Public Works Fund and School Districts RE -2, RE -9, RE -10J, RE -11, and RE -12. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Bankhead-Jones Funds shall be distributed to the County Public Works Fund and School Districts RE -2, RE -9, RE -10J, RE -11, and RE -12, as more fully set forth in Exhibit "A," attached hereto and incorporated herein as reference. BE IT FURTHER RESOLVED by the Board that the Weld County Controller be directed to prepare County warrants payable to the above School Districts for Bankhead-Jones Funds in the amounts listed on Exhibit "A." The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 23rd day of October, A.D., 2013. BOARD OF COUNTY COMMISSIONERS WELD C u• TY COLORADO ATTEST: ` is m -e o.S Weld County Clerk to the Board/ BY: Deputy Clerk APP ounty Attorney Date of signature: /4/3/ iam F. Garcia, Chair SED las Rademacher, Pro-Tem eeanConway Mike Freeman _ AMA arbara Kirkm e 2013-2985 FI0057 EXHIBIT "A" DISTRIBUTION OF BANKHEAD-JONES TENANT ACT FUNDS 2013 Total Revenues Received Less: 1% CCI Lobbying Costs $479,005.00 0.00 Proceeds to be divided $479,005.00 County Public Works School Districts Less 25% direct distribution $239,502.50 239,502.50 119,751.25 Total Allocation $119,751.25 School District Distribution: District Number Acreage Percent Amount RE -2 RE -9 RE -10-J RE -11 RE -12 10,880 5.24% $6,277.22 43,461 20.94% $25,074.84 39,500 19.03% $22,789.54 60,038 28.93% $34,638.95 53,680 25.86% $30,970.70 207,559 100.00% $119,751.25 2013-2985 Bankhead-Jones School District RE -2 200 Park Avenue Eaton, CO 80615 School District RE -9 209 West First Street Ault, CO 80610 School District RE -10J PO Box 125 Briggsdale, CO 80611-0125 School District RE -11J New Raymer, CO 80742 School District RE -12 PO Box 220 Grover, CO 80729 Vendor# @00000807 @00000904 @00002370 @00002487 @00001085 Amount 6,277.22 25,074.84 22,789.54 34,638.95 30, 970.70 Account 2000-90100-4316-300 2000-90100-4316-300 2000-90100-4316-300 2000-90100-4316-300 2000-90100-4316-300 Hello