HomeMy WebLinkAbout20072928.tiff RESOLUTION
RE: DISTRIBUTION OF BANKHEAD-JONES FUNDS FOR 2007
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 17th day of September, A.D., 2007.
BOARD OF COUNTY COMMISSIONERS
Pa
ui W COUNTY CO RADO
ATTEST: P f {' C ci
y:
avid E. Long, Chair
Weld County Clerk to the bar
William . e Pro-Tem
BY: ��
De y CI erKto the Boa��
Wil m F. Garcia
p(�
7ROV AST
Robert D. Masden
Attorney \3
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Date of signature: l
2007-2928
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EXHIBIT "A"
DISTRIBUTION OF BANKHEAD-JONES TENANT ACT FUNDS
2007
Total Revenues Received $156,223.91
Less: 1% CCI Lobbying Costs 1,562.24
Proceeds to be divided $154,661.67
County Public Works $77,330.83
School Districts 77,330.84
Total Allocation $154,661.67
School District Distribution:
District Number Acreage Percent Amount
RE-2 10,880 5.24 $ 4,052.14
RE-9 43,461 20.94 16,193.08
RE-10J 39,500 19.03 14,716.06
RE-11 60,038 28.93 22,371.80
RE-12 53,680 25.86 19,997.76
207.559 100.00 $ 77.330.84
2007-2928
FI0045
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