HomeMy WebLinkAboutR09-022 Distribute Monies from School Land Fund to School DistrictCommissioner ~-~~~ ~~~1 moved adoption of the foll' wing Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2009- C',~~- AUTHORIZING THE DISTRIBUTION OF MONIES FROM THE SCHOOL LAND DEDICATION FUND TO EAGLE COUNTY SCHOOL DISTRICT RE-50J WHEREAS, C.R.S. 30-28-133(4) requires counties within the state to adopt subdivision regulations which provide for sites and land areas for schools and parks when such are reasonably necessary to serve proposed subdivisions and their future residents; and WHEREAS, said subdivision regulations may provide for the payment of a sum of money in lieu of dedication of such sites and land areas; and WHEREAS, Section 4-700(c) of the Eagle County Land Use Regulations makes provision for a payment in lieu of dedication and conveyance of land for schools, if such land is not reasonably necessary to serve the proposed subdivision; and WHEREAS, such payments are held by the Board of County Commissioners of Eagle County, Colorado ("the Board") for the purposes set forth in C.R.S. 30-28-133(4)(a)(II), including for capital outlay purposes for schools; and WHEREAS, the Eagle County School District No. RE-SOJ, in a letter dated March 9, 2009, incorporated herein as Exhibit "A" has requested the monies collected from the School Land Dedication Fund, incorporated herein as Exhibit "B"; and WHEREAS, the Board finds it is holding on behalf of said school district funds sufficient to grant the request. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, the sum of $99,971.91 be distributed to the Eagle County School District RE-SOJ from the County's School Land Dedication Fund. THAT, the Eagle County Treasurer be and is hereby requested and directed to effect said distribution. MOVED, READ AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, at is regular meeting held the ~~ day of March, 2009. COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its ATTEST: BOARD OF COUNTY COMMISSIONERS ~~ ~.~ / # ~ ~~ Icy. Clerk to the Board of ~`~-~~ -Sara J. Fisher, Chairma County Commissioners Peter F. Runyon J Commissioner ;~ seconded adoption of the foregoing resolution. The roll having been called, the vote was ~ follows: Commissioner Fisher --~~, z Commissioner Runyon C~~ Commissioner Stavney ~-~- - This Resolution passed by ` ~/C vote of the Board of County Commissioners of the County of Eagle, State of Colorado. G:UKS\resolutions\schoolfund.DOC P.O. BOX 740 • EAGLE, COLORADO 81631 • 970.328.6321 • FAX 970.328.1024 March 9, 2009 Karen Sheaffer Eagle County Treasurer Box 801 Eagle, CO 81631 Dear Karen, Enclosed is a report showing a total of $2,700,143.12 actual expended dollars for the Eagle County School District Capital Reserve Fund for the 2008-09 fiscal year through February 28, 2009. This is the fund we use to pay for building improvements and capital purchases. It is my understanding that the money collected by Eagle County for School Land Dedication can be utilized for these types of expenses. Please issue a check payable to Eagle County School District to reimburse the District for these costs up to the amount currently in the School Land Dedication Fund. The last report we received, dated December 31, 2008, shows a balance of $99,971.91. Please send the check to Lynda Ruggeberg at the address on this letter. I can be reached at 328-2747 if you have any questions. 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