HomeMy WebLinkAbout880176.tiff RESOLUTION
RE: DISTRIBUTION OF BANKHEAD-JONES FUNDS FOR 1988
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 have adopted a policy that Bankhead-Jones Funds for
fiscal year 1988 would be distributed to the Weld County Road
and Bridge Fund and the school districts (RE-2 , RE-9 , RE-10J,
RE-11J, and RE-12) on the basis of a 50%-50% split, after 1% of
said funds had 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 Road and
Bridge Fund and school districts RE-2 , RE-9 , RE-10J, RE-11J, and
RE-12 .
NOW, THEREFORE, BE IT RESOLVED by the Board of County
Commissioners of Weld County that the distribution of
Bankhead-Jones Funds to the County Road and Bridge Fund and the
school districts (RE-2 , RE-9 , RE-10J, RE-11J, and RE-12) shall
be distributed as more fully set forth on Exhibit "A" attached
hereto and incorporated as a part of this resolution.
BE IT FURTHER RESOLVED by the Board of County Commissioners
that the Director of Finance and Administration be directed to
prepare county warrants payable to the above school districts in
the amount of Bankhead-Jones Funds presented on Exhibit "A" .
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/L�C�. ' L� 880176
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RE: DISTRIBUTION OF BANKHEAD-JONES FUND FOR 1988
The above and foregoing Resolution was , on motion duly made
and seconded, adopted by the following vote on the 14th day of
March, A.D. , 1988 .
%9 BOARD OF COUNTY COMMISSIONERS
ATTEST: 1.(.:,.an�c a witw/cql../ WE D COUNTY, COLORADO
�
Weld County Clerk and Recorder ' 1�'� /6 �r 44....""AD i
and Clerk to the Board Gene R. Brantner, Chairman
C. W. K y. Pr -Tem
BY: 0-340- cte/ \.
Duty County lerk
APPROVED AS TO FORM: cq 1' n nson
it-ti— 0 Go A '
County Attorney
Frank Yamaguchi
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EXHIBIT "A"
DISTRIBUTION OF
BANKHEAD-JONES TENANT ACT FUNDS
1988
Total Revenues Received $182 ,904 . 33
Less: 1% CCI Lobbying Costs 1, 829 . 04
Proceeds to be divided $181 , 075 .29
County Road and Bridge $ 90 ,537 . 65
School Districts 90 ,537 .64
Total Allocation $181 , 075 .29
SCHOOL DISTRICT DISTRIBUTION:
RE-2 10 ,880 5 . 24 $ 4, 744 . 17
RE-9 43 ,461 20.94 18 , 958 .58
RE-10J 39 ,500 19 . 03 17,229. 31
RE-11J 60,038 28 . 93 26 ,192 .54
RE-12 53 ,680 25 . 86 23 ,413. 04
207 ,559 100 . 00 $ 90 ,537 .64
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