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HomeMy WebLinkAboutR15-101 CMC Matching Funds Scholarship 2015-2016 Commissioner 1/1/1 6- Q t1I/ , ,L`, moved adoption
of the following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 2015- l()
Resolution Concerning a Partnership with Colorado Mountain College in Applying
For and Distributing the Colorado Opportunity Scholarship 2015-2016 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+V.O ` sus student success support
program; and +} °� �
WHEREAS,the school districts contained e h r.id rt,Sir in full, within the boundaries
of this county are currently participants within a previ tf4iddd 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 this county; and
WHEREAS, affordable post-secondary education for the citizens of this county is both a
public good and a pathway towards greater individual economic success and greater economic
health for this county; and
WHEREAS,the citizens of this county have an express interest in providing affordable
and cost-competitive quality post-secondary education for residents of thi �,i;,3s ; a '�. TO FORM
By: ;Mali�..........�
Eagle Munty Attorney's Office
By:
Eagle County Commissioners' Office
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 the following:
upon identifying matching funds sufficient to draw the state match, the partnership between
CMC and the Vail Valley Foundation may apply on behalf of Eagle County to COSI for$38,886
in scholarship funds through the 2015-2016 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 2015-2016 COSI initiative to be applied to reducing the cost of
attendance for eligible Eagle residents to attend an eligible postsecondary institution to pursue a
formal two-year degree, four-year degree, or technical certificate.
MOVED,READ AND ADOPTED by the Board of County Commissioners of the
County of Eagle, State of Colorado, at its regular meeting held the 8th day of December, 2015.
COUNTY OF EAGLE, STATE OF
Of COLORADO,By and Through Its
le 1, ' o ;OARD OF COUNTY COMMISSIONERS
ATTEST: * ,A
e /
Immix ' . 'r' : DO By: adiL .
Clerk to the"oard of Kathy r andler-Henry S
County Commissioners Chair
anne McQueen
. ommissioner
Jillian H. Ryan
Commissioner
Commissioner e..l.l- s0-10ut rt - seconded adoption of the foregoing resolution. The roll
having been called, the vote was as follows:
Commissioner Chandler-Henry 4-vt "
Commissioner McQueeney y
Commissioner Ryan
This Resolution passed by / 0) vote of the Board of County
Commissioners of the County of Eagle, State of Colorado.