HomeMy WebLinkAboutR17-011 Partnership with CMC 2017-2018 Scholarship Funds ConunissionerNie-QVIUte..fLinoved adoption of
the following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE,STATE OF COLORADO
RESOLUTION NO.2017 - O U
Resolution Concerning a Partnership with Colorado Mountain College in Applying For
and Distributing the Colorado Opportunity Scholarship
2017-2018 Matching Funds Scholarship
WHEREAS,the State of Colorado, through the Colorado Opportunity Scholarship (COSI)has
provided an opportunity for local counties to apply for scholarship support for students entering
postsecondary education, and
WHEREAS,COSI has required that matching scholarship funds awarded to any county be
deposited with, and administered by, a local representative non-profit community foundation,
and
WHEREAS,COSI has required that matching scholarship funds will only be awarded to a
county in which the student participants are engaged in a rigorous student success support
program, and
WHEREAS,the school districts contained either in part, or in full, within the boundaries of this
county are currently participants within a previously funded COSI vigorous student success
support program known as the Mountain Futures Fund(MFF), and
WHEREAS,MFF was developed in cooperation with Colorado Mountain College(CMC)and
has developed a functional framework for administering grant funds awarded by COSI,that is
acceptable to COSI, and utilizes local non-profit community foundations, and
WHEREAS,COSI has indicated that the MFF vigorous student success support program
currently funded in part by COSI and in operation at present is provisionally sufficient to meet
the requirements of the COSI matching scholarship grant requirements,and
WHEREAS,the provision of additional scholarship support, to offset the cost of attending post-
secondary education and a vigorous student success support program are critical to the continued
economic competitiveness of Eagle County, and
WHEREAS,affordable post-secondary education for the citizens of Eagle County is both a
public good and a pathway towards greater individual economic success and greater economic
health for Eagle County, and
WHEREAS,the citizens of Eagle County have an expressed interest in providing affordable and
cost-competitive quality post-secondary education for residents of Eagle County.
NOW,THEREFORE,BE IT RESOLVED by the Board of County Commissioners of
the County of Eagle, State of Colorado:
THAT, that the Eagle County Board of Commissioners hereby approves CMC applying
to COSI on behalf of Eagle County for$40,118 in matching scholarship funds through the 2017-
2018 COSI grant opportunity.
THAT,the Eagle County Board of Commissioners agrees that the Vail Valley
Foundation will be the repository of all funds raised by this COSI grant initiative and will be
responsible for the monitoring, distribution, and oversight of these scholarship awards.
THAT,the Eagle County Board of Commissioners hereby approves the allocation of all
scholarship dollars raised by this 2017-2018 COSI initiative to be applied to reducing the cost of
attendance for eligible Eagle County residents to attend CMC pursuant to a formal two-year
degree, four-year degree, technical certificate,or success transfer to another institution of post-
secondary education.
MOVED,READ AND ADOPTED by the Board of County CBmmissioners of the
County of Eagle, State of Colorado, at its regular meeting held this a ) day of 1441444,A-1. ,
2017.
of i' c COUNTY OF EAGLE, STATE OF
., t - ' °c COLORADO,By and , • •gh Its
J; t 14 BOA• r s •U T ••M :SIONERS
ATTEST: ''nn *or,
. .� _ f� A -toRAvo By: Ad�i✓
Clerk to the Board of J�f '. Ryan
County Commissioners J i i 44riii,
Ai,a y Ch.i•ler-Henry
Co miss' ner
�r r
ne McQuee ey
missioner
Commissioner ■ 4".1Dut.%2.- seconded adoption of the foregoing resolution. The roll
having been called, the vote was as follows:
Commissioner Ryan 444''
Commissioner Chandler-Henry 1,4-1--N "
Commissioner McQueeney V-i-iA "
This resolution passed by 1 0 vote of the Board of County Commissioners of
the County of Eagle, State of Colorado
