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HomeMy WebLinkAbout860916 RESOLUTION RE: DISTRIBUTION OF BANKHEAD-JONES FUNDS FOR 1986 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 for fiscal year 1986 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, Colorado, 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 that the Director of Finance and Administration be directed to prepare County warrants payable to the above School Districts in the amount presented on Exhibit "A" to distribute the Bankhead-Jones Funds to the above School Districts. 860916 Page 2 RE: DISTRIBUTION OF BANKHEAD-JONES The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 24th day of September, A.D. , 1986. �Y�j��` BOARD OF COUNTY COMMISSIONERS ATTEST: " ""A +4441/14/ r , WELD COUNTY, COLORADO Weld County Clerk and Recorder and Clerk to the Board J-cqu ' ne oh son Chairman o B . Go y,"'•'%' acyl , o ._ D putt' County erk APPROVED S' TO FORM: Gene R. Brantner CI C. W. K � County Attorney i Fr l ���G!c G1Gti F nk Yam 860916 EXHIBIT "A" DISTRIBUTION OF BANKHEAD-JONES TENANT ACT FUNDS 1986 Total Revenues Received $ 56 , 176. 73 Less: 1% CCI Lobbying Costs 561. 77 Proceeds to be divided $ 55 ,614. 96 County Road and Bridge $ 27 ,807. 48 School Districts 27,807. 48 Total Allocation $ 55, 614. 96 SCHOOL DISTRICT DISTRIBUTION: District Acres Pct Amount RE-2 10,880 5. 24 $ 1 ,457. 11 RE-9 43 ,461 20. 94 5 ,822 . 89 RE-10J 39,500 19 . 03 5,291. 76 RE-11J 60 ,038 28 . 93 8 ,044 .71 RE-12 53, 680 25 . 86 7 , 191. 01 207 ,559 100 . 00 27 ,807. 48 860916 Hello