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HomeMy WebLinkAbout920841.tiff RESOLUTION RE: DISTRIBUTION OF BANKHEAD-JONES FUNDS FOR 1992 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 1992, will be distributed to the Weld County Road and Bridge Fund and the affected 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 has 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 Bankhead-Jones Funds shall be distributed to the County Road and Bridge Fund and School Districts RE-2, RE-9, RE-10J, RE-11J, and RE-12 as more fully set forth in Exhibit "A" attached hereto and incorporated as 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 of Bankhead-Jones Funds presented on Exhibit "A". The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 9th day of September, A.D. , 1992. BOARD OF COUNTY COMMISSIONERS ATTEST� � G�� WELD COUNTY, COLORADO Weld C y C er to the Board ib Ge ge Kenn y, Chairman BY: 44,414 Deputy Clerk to the Bo Constance L. Harbert, Pro-Tem APPROVED AS 0 FORM: C. W. Kir y County Attorney Gor . ac W. H. Webster 920841 Ft-F) n I '! EXHIBIT "A" DISTRIBUTION OF BANKHEAD-JONES TENANT ACT FUNDS 1992 Total Revenues Received $275, 070.36 Less: 1% CCI Lobbying Costs 2,750. 70 Proceeds to be divided $272,319.66 County Road and Bridge $136, 159.83 School Districts 136, 159.83 Total Allocation $272.319.66 School District Distribution: District Number Acreage Percent Amount RE-2 10,880 5.24 $ 7, 134.77 RE-9 43,461 20.94 28,511.87 RE-10J 39,500 19.03 25,911.22 RE-11J 60,038 28.93 39,391.04 RE-12 53,680 25.86 35,210.93 207.559 100.00 $ 136.159.83 920841 Hello