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HomeMy WebLinkAbout20102107.tiff RESOLUTION RE: DISTRIBUTION OF BANKHEAD-JONES FUNDS FOR 2010 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, after one percent of said funds have been taken off for CCI lobbying purposes, 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 13 day of September, A.D., 2010. BOARD OF COUNTY COMMISSIONERS `,` F / LD CO OLORADO ATTEST • 9I Rade ac er, Ch.' Weld County Clerk to the Boa • •� _ ��� t-� �►.�. 7Jn i• tiara Kirkmeyer, Pr•-Tem BY: Dep t Clerk ,• he 'oard Sean P.P. C Y APPR AS TO t O i ,i, . Garcia tyA o eY% J � eo( David E. Long / Date of signature: IlL 2010-2107 P FI0051 q EXHIBIT"A' DISTRIBUTION OF BANKHEAD-JONES TENANT ACT FUNDS 2010 Total Revenues Received $105,642.94 Less: 1% CCI Lobbying Costs 1,056.43 Proceeds to be divided $104,586.51 County Public Works $52,293.26 School Districts 52,293.26 Total Allocation $104,586.51 School District Distribution: District Number Acreage Percent Amount RE-2 10,880 5.24% $2,741.15 RE-9 43,461 20.94% 10,949.74 RE-10-J 39,500 19.03% 9,951.79 RE-11 60,038 28.93% 15,126.22 RE-12 53,680 25.86% 13,524.36 207,559 100.00% $52,293.26 2010-2107 Hello