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HomeMy WebLinkAbout20082541.tiff RESOLUTION RE: DISTRIBUTION OF BANKHEAD-JONES FUNDS FOR 2008 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 Director of Finance and Administration 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 Director of Finance and Administration 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 22nd day of September, A.D., 2008. BOARD OF COUNTY COMMISSIONERS lit WELD COUNTY, COLORADO ATTEST: P f I XCUSED O 1861. ( 4 XCUSED it m H. Jerke, Chair Weld County Clerk to the• q, Robert D. Masde Pro-Tem BY: S Ll 612:,De• Cler • the Board Wil a F. Garcia is "R• ED AS TO F j.!; C on-i( David . Long ounty tt"Fey Douglas R emacher Date of signature: lb f1 los 2008-2541 FI0047 00 . Fes, p10, 011 D9—o8' EXHIBIT"A" DISTRIBUTION OF BANKHEAD-JONES TENANT ACT FUNDS 2008 Total Revenues Received $139,000.57 Less: 1% CCI Lobbying Costs 1,390.01 Proceeds to be divided $137,610.56 County Public Works $68,805.28 School Districts 68,805.28 Total Allocation $137,610.56 School District Distribution: District Number Acreage Percent Amount RE-2 10,880 5.24% $3,606.69 RE-9 43,461 20.94% 14,407.21 RE-10-J 39,500 19.03% 13,094.15 RE-11 60,038 28.93% 19,902.44 RE-12 53,680 25.86% 17,794.78 207,559 100.00% $68,805.28 fi 2008-2541 Hello