Loading...
HomeMy WebLinkAbout700465.tiff X, / to LF ygc TRANSFER MONIES FROM CONTINGENT FUND TO COUNTY GENERAL FUND: WHEREAS, the Colorado Tax Commission, on December 15, 1969, advised the Weld County Commissioners that upon receipt of the Weld County application for a 6.45 mill levy for the County General Fund for 1970, that it was 1.45 mills in excess of the statutory limit as set forth in 1963 C. R. S. 36-3-1, and WHEREAS, the Colorado Tax Commission reduced the 6.45 mills to 5 mills, the maximum statutory levy for the General Fund and placed 1.45 mills into the Contingency Fund, and WHEREAS, the Board of County Commissioners was then advised that said monies raised by the 1.45 mills could be transferred from the Contingency Fund into the County General Fund when the need arose, and WHEREAS, the need has now arisen whereby the County General Fund is in need of this money in the amount of $267,500.00 to meet the budgeted obligations of Weld County, and WHEREAS, in the opinion of the Board of County Commissioners, this is a transfer of funds as authorized and approved by the Colorado Tax Commission and as contemplated by the statutes of the State of Colorado. NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners of Weld County, Colorado, that $267,500.00 shall be transferred from the Contingency Fund of Weld County, Colorado, into the County General Fund of Weld County in accordance with the instructions of the Colorado Tax Commission; PROVIDED, however, that said transfer shall not be effective until after a public hearing is had on such proposed 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: ( AYES: /, /t / )<(:, 62,4 / - /THE BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO DATED: NOVEMBER 12, 1970 Publish: The Greeley Booster November 20 and December 11 C I 700465 Hello