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HomeMy WebLinkAbout20052998.tiff RESOLUTION RE: APPROVE AUTHORIZING TREASURER TO CREDIT INTEREST TO CRIME VICTIM COMPENSATION TRUST FUND (7013) AND VICTIM ASSISTANCE AND LAW ENFORCEMENT TRUST FUND (7014) 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 Weld County Treasurer credits all earnings on investments of County funds to the General Fund unless the Board of Weld County Commissioners by resolution authorizes the payment of interest to a specific fund by resolution, and WHEREAS, in a review of the Victim Compensation Trust Fund (7013) and Victim Assistance and Law Enforcement Trust Fund(7014)interest earned from these two funds should be credited to these funds per State requirements, and WHEREAS,the Director of Finance and Administration recommends that the Weld County Treasurer be authorized to credit interest earned on funds in the Victim Compensation Trust Fund (7013)and Victim Assistance and Law Enforcement Trust Fund(7014)to these respective funds. NOW,THEREFORE,BE IT RESOLVED that the Board of Weld County Commissioners that the Weld County Treasurer be, and hereby is, authorized to credit interest to the Victim Compensation Trust Fund(7013)and Victim Assistance and Law Enforcement Trust Fund(7014) from earnings on investments from the balances in these funds on a monthly basis,at the average rate of earnings for all pooled funds. The above and foregoing Resolution was,on motion duly made and seconded,adopted by the following vote on the 10th day of October, A.D., 2005, nunc pro tunc January 1, 2005. BOARD OF COUNTY COMMISSIONERS _ ,�,t� ���` WELD COUNTY, COLORADO ATTEST: a �� ja �N EXCUSED 4 William H. J e, Chair Weld County Clerk to thcs !1' �`'•� ,(,, 3v°� ei e, Pro BY: D .uty CI'rk to the Bo-}d David E. Long APP D AS TO EQRM7 EXCUSED �!� Robert D. Masden ounty Attorney ,,rr e Date of signature: 2005-2998 tic _ AC0020 �' tic, 75CiO-/3 0SJ RESOLUTION: AUTHORIZING TREASURER TO CREDIT INTEREST TO CRIME VICTIM COMPENSATION TRUST FUND(7013) AND VICTIM ASSISTANCE AND LAW ENFORCEMENT TRUST FUND (7014) Whereas, The BOCC Whereas, the Weld County Treasurer credits all earnings on investments of county funds to the General Fund unless the Board of Weld County Commissioners by resolution authorizes the payment of interest to a specific fund by resolution, and Whereas, in a review of the Victim Compensation Trust Fund (7013) and Victim Assistance and Law Enforcement Trust Fund (7014) interest earned from these two funds should be credited to these funds per state requirements, and Whereas the Director of Finance and Administration recommends that the Weld County Treasurer be authorize to credit interest earned on fund in the Victim Compensation Trust Fund (7013) and Victim Assistance and Law Enforcement Trust Fund (7014) to these respective funds. Now, therefore be it resolved, that the Board of Weld County Commissioners hereby authorizes the Weld County Treasurer to credit interest to the Victim Compensation Trust Fund (7013) and Victim Assistance and Law Enforcement Trust Fund (7014) from earnings on investments from the balances in these funds monthly at the average rate of earnings for all pooled funds nunc pro tunc to January 1, 2005. The above..... valevocainterest 2005-2998 Hello