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HomeMy WebLinkAbout952098.tiffRESOLUTION RE: DISTRIBUTION OF BANKHEAD-JONES FUNDS FOR 1995 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 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% 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 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 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 October, A.D., 1995. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO APP' • D AS TO FO oun y or W. H. Webster eC: Fxrr ISFf) Dale'K. Hall, Chairman arbara J. Kirkmeyer, Pro-Tem / ARSTAINFU George E. Baxter Constance L. Harbert /1/ 952098 F10020 EXHIBIT "A" DISTRIBUTION OF BANKHEAD-JONES TENANT ACT FUNDS 1995 Total Revenues Received Less: 1% CCI Lobbying Costs $ 58,730.23 587.30 Proceeds to be divided $ 58.142.93 County Public Works School Districts $ 29,071.47 29.071.46 Total Allocation $ 58.142.93 School District Distribution: District Number RE -2 RE -9 RE -10J RE -11 RE -12 Acreage Percent Amount 10,880 5.24 $ 1,523.35 43,461 20.94 6,087.56 39,500 19.03 5,532.30 60,038 28.93 8,410.37 53.680 25.86 7.517.88 207.559 100.00 $ 29.071.46 952098 F10020 Hello