HomeMy WebLinkAbout20043405.tiff RESOLUTION
RE: DISTRIBUTION OF BANKHEAD-JONES FUNDS FOR 2004
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 November, A.D., 2004.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
',--\ Robert D. Masden, Chair
ef&eovn_ty\ lerk to the Board
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William H Jerke, Pro-Tem
' De uty Clerk to the Board c— \
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APP D AS TO •
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David E. Long
ounty Atto ey
Glenn as
Date of signature: /-2'Y-(CK
2004-3405
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EXHIBIT "A"
DISTRIBUTION OF BANKHEAD-JONES TENANT ACT FUNDS
2004
Total Revenues Received $214,756.55
Less: 1% CCI Lobbying Costs 2,147.57
Proceeds to be divided $212,608.98
County Public Works $106,304.49
School Districts 106,304,49
Total Allocation $212,608.98
School District Distribution:
District Number Acreage Percent Amount
RE-2 10,880 5.24 $ 5,570.36
RE-9 43,461 20.94 22,260.16
RE-10J 39,500 19.03 20,229.74
RE-11 60,038 28.93 30,753.89
RE-12 53.680 25.86 27,490.34
207.559 100.00 $ 106,304.49
2004-3405
FI0039
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