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HomeMy WebLinkAboutR1961-05 Placement of Federal Oil Leasing Act monies in Public School Fund and Public Road Fund RESOLUTION of the • BOARD OF COUNTY COEMISSIONERS OF THE COUNTY OF EAGLE AND STATE OF COLORADO WHEREAS, There has been apportioned to Eagle County, pursuant to Colorado Revised Statutes 1953, Chapter 100, Article 8, Sections 1 through 3, inclusive, royalties accruing under the Federal Oil Leasing Act of February 25, 1920, as amended, in the sum of TWELVE THOUSAND FOUR HUNDRED SIXTY-ONE AND 30/100 DOLLARS W2,461.30) , and WHEREAS, Pursuant to Section 2 and 2A of Chapter 100, Article 8, Colorado Revised Statutes 1953, the Board of County Commissioners of any county receiving monies under said Federal Oil Leasing .ict, as amended, shall apriortion such monies to public schools and public roads, IT IS THEREFORE RESOLVED, That the County Treasurer of Eagle 411 County, Colorado, be and hereby is ordered to place TWErTY-FIVE PER CENT (25%) of said monies to the Public School Fund and SUVSNTY-FIVE PER CECT (75%) of said monies to the Public Road Fund, as provided by the said Colorado Revised Statutes, 1953. READ, CONSIDERED, PA::SED A JD AIPROVED this 27th day of December, A. D. 1961. BOARD OF COUNTY COT:r,":I3:SICL' RS OF EAGLE COUNTY, STATE OF COLORADO By: Chairman of the Board and Comnlissi ner 10MMis ' oner �A Commissioner Attest: e I el,L A Clerk of the Board