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HomeMy WebLinkAbout20200931.tiffOFFICE OF BOARD OF COMMISSIONERS PHONE: 970-336-7204 FAX: 970-336-7233 1150 O STREET P.O. BOX 758 GREELEY, COLORADO 80632 March 16, 2020 Colorado Opportunity Scholarship Initiative Program Colorado Department of Higher Education 1560 Broadway, Suite1600 Denver, Colorado 80203 Dear Ms. Banker: Please allow this letter to serve as the required letter of support from the Board of Weld County Commissioners for Weld County's Colorado Opportunity Scholarship Initiative (COSI) Program grant application in the amount of $283,762. When you think of the greatest resources found in Weld County, you might think of agriculture or energy production. While we value those resources immensely, we know the greatest resources we have are the people who call Weld County home. So, in when we saw an opportunity to support both residents and businesses through the Weld County Bright Futures Grant Program, we knew it was the right thing to do. In fact, we feel so strongly about this program we approved the dedication of $15 million to the fund in 2016. Through this program, students will further their education, businesses and residents will receive a property tax credit toward their taxes, and our overall county workforce will be better trained and skilled. The program is simple. Set up as a workforce development fund, the Weld County Bright Future Grant Program is a tuition assistance program for Weld County high school graduates, GED recipients and Honorably Discharged U.S. Veterans and is funded by donations from taxpayers who receive tax incentive payments or credits for their contribution. The $283,762 COSI grant amount will be matched by donations from the taxpayers of Weld County contributing to the Weld County Bright Futures Grant Program to assist student meeting the COSI guidelines. In addition to the taxpayer support, Bright Futures will fundraise matching dollars from special events, as well as, individual and corporate donations. We appreciate your consideration for this program where together we can build Bright Futures for all of Weld County! Sincerely, BOARD OF COUNTY COMMISSIONERS Mike Freeman, Chair Steve Moreno, Pro T m arbara Kirkmeyr Kevin D. Ross CoMMuA:Go�'1"%ong 3/2.3/2.0 2020-0931 Hello