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HomeMy WebLinkAbout940984 RESOLUTION RE: DISTRIBUTION OF BANKHEAD-JONES FUNDS FOR 1994 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 1994, will be distributed to the Weld County Road and Bridge Fund and the affected school districts (RE-2, RE-9, RE-10J, RE-11, 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-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 Road and Bridge 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 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 10th day of October, A.D. , 1994. Pgadit BOARD OF COUNTY COMMISSIONERS ATTEST: WELD COUNTY, COLORADO Weld County Clerk to the Board /r / 2�- 1, BY: 611 �) �/1 , h W. . Webs er, ha' an )11 I�U� L I 1 r_t-ti• L Deputy Jerk to the Board Dale K. Hall, Pro-Tem APPROVED AS TO FORM: ABSTAINED George E. Baxter ounty Atto ey Conktance L. Harbert gAJtLt o j fiztt_.�J arbara J. Kirkm er 940984 F.1700/8 to .' �/ EXHIBIT "A" DISTRIBUTION OF BANKHEAD-JONES TENANT ACT FUNDS 1994 Total Revenues Received $ 56, 114.89 Less: 1% CCI Lobbying Costs 561. 15 Proceeds to be divided $ 55,553. 74 County Road and Bridge $ 27, 776.87 School Districts 27, 776.87 Total Allocation $ 55,553. 74 School District Distribution: District Number Acreage Percent Amount RE-2 10,880 5.24 $ 1, 455.51 RE-9 43, 461 20.94 5,816.47 RE-10J 39,500 19.03 5,285.94 RE-11 60,038 28.93 8, 035.85 RE-12 53, 680 25.86 7, 183. 10 207.559 100.00 $ 27, 776.87 940984 Hello