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Home My WebLink About20052543.tiff RESOLUTION RE: DISTRIBUTION OF BANKHEAD-JONES FUNDS FOR 2005 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 29th day of August, A.D., 2005. BOARD OF COUNTY COMMISSIONERS /� WELD COUNTY, COLORADO ATTEST: gay y al �La t4 EXCUSED • William H. Je e, Chair Weld County Clerk tot M. J. Geile, Pro-Tem BY: �. Deputy Clerk to the Bo EXCUSED EXCUSED vid E. Long A ED AS TO • Rob D. Masd�2f \n ounty A rney ..011 Glenn Vaa Date of signature: 9/9 2005-2543 C� ; CY1 ©q 10 �' o� EXHIBIT "A" DISTRIBUTION OF BANKHEAD-JONES TENANT ACT FUNDS 2005 Total Revenues Received $161,478.24 Less: 1% CCI Lobbying Costs 1,614.78 Proceeds to be divided $159,863.46 County Public Works $79,931.73 School Districts 79,931,73 Total Allocation $159,863.46 School District Distribution: District Number Acreage Percent Amount RE-2 10,880 5.24 $ 4,188.42 RE-9 43,461 20.94 16,737.70 RE-10J 39,500 19.03 15,211.01 RE-11 60,038 28.93 23,124.25 RE-12 53.680 25.86 20,670.35 207.559 100.00 $ 79,931.73 2005-2543 FI0041 Hello