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TRANSFER MONIES FROM
CONTINGENT FUND TO
RETIREMENT FUND:
WHEREAS, by resolution passed November 1, 1967, the Board of
County Commissioners did create in the office of the County Treasurer, the
Weld County Officials' and Employees' Retirement Fund, and
WHEREAS, it will be in the best interests of Weld County to
participate with its employees in maintaining such a County Retirement system
and to provide funds to properly implement an orderly retirement system for
worthy retiring employees, and
WHEREAS, the Board has, by levy, provided $35,000.00 to accumulate
in the Contingent Fund for the implementation of the Retirement program, and
WHEREAS, the need has now arisen whereby said Retirement Fund is
in need of this money in the amount of $35,000.00 to meet the obligations
of said Retirement program.
NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners
of Weld County, Colorado, that $35,000.00 shall be transferred from the
Contingency Fund of Weld County into the Weld County Officials' and Employees'
Retirement Fund;
PROVIDED, however, that said transfer shall not be effective until
after a public hearing is had on said transfer; that which such hearing is
hereby called and set for 10:00 o' clock A. M., December 23, 1970, at the office
of the Board of County Commissioners in the Weld County Courthouse;
BE IT FURTHER RESOLVED, that public notice of such hearing shall be
given by publication of a notice thereof, same for said time and place in the
official newspaper of said County; to-wit: The Greeley Booster, a public
newspaper, not less than ten days before such hearing.
The above and foregoing resolution was, on motion duly made and
seconded, adopted by the following vote:
7
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,THE BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
DATED: NOVEMBER 12, 1970
Publish: The Greeley Booster
November 20 and December 11
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