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HomeMy WebLinkAboutR05-108 distribution of monies from school land dedication fund to school district RE-50J Commissioner moved adoption of the following Resolution: BOARD OF COUNTY COMl\HSSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2005- 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-50J, in a letter dated August 2, 2005, 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 RESOL VED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, the sum of $14,289.96 be distributed to the Eagle County School District RE-50J 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 August, 2005. COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF eOV'TTY COMMISSIONERS . ,~~ Clerk to the Board of County Commissioners Commissioner seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Menconi Commissioner Runyon Commissioner Stone This Resolution passed by "7J It, vote of the Board of County Commissioners of e: the County of Eagle, State of Colorado. G:\lKS\resolutions\schoo Ifund, DOC , ( \ EDUCATING ItVE"Y 5TUPt:,..T rrOR SUCCESS P.O. BOX 740 . EAGLE, COLORADO 81631 . 970.328.6321 . FAX 970.328.1024 August 2, 2005 Karen Sheaffer Eagle County Treasurer Box 801 Eagle, CO 81631 Dear Karen, Enclosed is a report showing a total of $1,085;941.32 actual expended dollars for the Eagle County School District Capital Reserve Fund for the 2004-05 fiscal year. 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 6/3012005, shows a balance of$14,289.96. 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. Sincerely, ~t6-eJU K en Strakbein Assistant Superintendent Ir EXHIBIT J I~// S EXHIBIT Run Date OS/02/05 04:01 PM Eagle County School District ReSOJ I Wf3 II Page No 3 For 07/02/04 08/31/05 Expenditure Summary Report FJEXS01A Periods 01 13 CAPITAL RESERVE FUND CAP RESERVE FUND Adjusted Y-T-D Period Y-T-D Available Budget Encumb Expended Expended Balance P~.J::<::en1:: 43 CAPITAL RESERVE FUND 4605 110 EAGLE VALLEY ELEMENTARY 110 EAGLE VALLEY ELEMENTARY 34,344.79 .00 1,200.00 1,200.00 33,144.79 3.49 120 BRUSH CREEK ELEMENTARY 5-43 120-00 4605-0430 000 0000-00 BCES REPAIR KITCHEN FLOOR .00 ,00 ,00 ,00 ,00 ,00 -43 120-00-4605-0430-000 0000 10 BCES ROOF REPAIR ,00 ,00 1,200,00 1,200,00 1,200,00 .00 120 BRUSH CREEK ELEMENTARY .00 .00 1,200.00 1,200.00 -1,200.00 .00 130 AVON ELEMENTARY 5-43 130-00-4605-0430' 000-0000 10 AES REPAIR ROOF 42.000,00 .00 26,058.00 26,058,00 15,942 00 62,04 130 AVON ELEMENTARY 42,000.00 .00 26,058.00 26,058.00 15,942.00 62.04 140 RED SANDSTONE ELEMENTARY 5-43 140-00-4605-0430-000 0000 10 RSES REPAIR ROOF 13,000,00 ,00 1,800,00 1,800.00 11,200,00 13,85 140 RED SANDSTONE ELEMENTARY 13,000.00 .00 1,BOO.00 1,BOO.00 11,200.00 13 .B5 150 MEADOW MOUNTAIN ELEMENTARY 5-43 150-00-4605 0430-000-0000-10 MMES REPAIR ROOF 1,800.00 ,00 1,800,00 1,800,00 ,00 100,00 150 MEADOW MOUNTAIN ELEMENTARY 1,BOO.00 .00 1,BOO.00 1,BOO.00 .00 100.00 160 GYPSUM ELEMENTARY 5-43 160-00-4605-0430 000 0000-10 GES REPAIR KITCHEN SKY LIGHT LEAKS 8,000,00 ,00 4,200,00 4,200.00 3,800,00 52.50 160 GYPSUM ELEMENTARY 8,000.00 .00 4,200.00 4,200.00 3,BOO.00 52.50 170 EDWARDS ELEMENTARY 5-43-170-00-4605-0430-000-0000-10 EES REPAIR ROOF 16,000.00 .00 9,000,00 9,000,00 7.000,00 56.25 170 EDWARDS ELEMENTARY 16,000.00 .00 9,000.00 9,000.00 7,000.00 56.25 180 RED HILL ELEMENTARY 5-43 180-00-4605 0430-000-0000-10 RHES REPAIR KITCHEN FLOORING ,00 .00 ,00 ,00 ,00 5-43-180-00-4605-0430-000-0000 50 RHES ROOF REPAIR .00 ,00 4,900,00 4,900.00 -4,900,00 ,0 180 RED HILL ELEMENTARY .00 .00 4,900.00 4,900.00 -4,900.00 .00 210 EAGLE VALLEY MIDDLE SCHOOL 5-43-210-00-4605-0430-000-0000,10 EVMS ROOF REPAIR ,00 .00 2,400,00 2,400,00 -2,400,00 ,00 210 EAGLE VALLEY MIDDLE SCHOOL .00 .00 2,400.00 2,400.00 -2,400.00 .00 220 MINTURN MIDDLE SCHOOL 5-43-220-00-4605-0430-000-0000-10 MMS REPAIR ROOF ,00 .00 4.900.00 4,900,00 -4,900,00 ,00 220 MINTURN MIDDLE SCHOOL .00 .00 4,900.00 4,900.00 -4,900.00 .00 230 BERRY CREEK MIDDLE SCHOOL 5-43-230-00-4605-0430-000-0000 10 BCMS REPAIR ROOF 2,400,00 ,00 1,200,00 1,200.00 1.200,00 50,00 230 BERRY CREEK MIDDLE SCHOOL 2,400.00 .00 1,200.00 1,200.00 1,200.00 50.00 240 GYPSUM CREEK MIDDLE SCHOOL 5-43-240-00-4605-0430-000-0000-10 GCMS REPAIR LOCKER ROOM FLOORING 6,000.00 .00 1,680,00 1,680.00 4,320,00 28,00 5-43-240-00-4605-0430-000-0000-50 GCMS ROOF REPAIR .00 .00 2,400.00 2,400.00 -2,400.00 ,00 240 GYPSUM CREEK MIDDLE SCHOOL 6,000.00 .00 4,080.00 4,OBO.00 1,920.00 68.00 Run Date 08/02/05 04: 01 PM Eagle County School District ReSOJ Page No 4 07/02/04 08/31/05 Expenditure Summary Report FJEXS01A For Periods 01 13 CAPITAL RESERVE FUND CAP RESERVE FUND Adjusted Y-T-D Period Y-T-D Available Account No!Descript ion__ Budget Encumb Expended Expended Balance Percent ~_ ~_ ...._n'~_ -~"""-- 43 CAPITAL RESERVE FUND 4605 310 BATTLE MOUNTAIN HIGH SCHOOL 5'43-310-00-4605 0430-000 0000-10 BMHS REPAIR ROOF 40,000,00 ,00 7,300,00 7,300,00 32,700,00 18,25 310 BATTLE MOUNTAIN HIGH SCHOOL 40,000.00 .00 7,300.00 7,300.00 32,700.00 18.25 320 EAGLE VALLEY HIGH SCHOOL 5-43-320-00-4605-0430-000 0000-10 EVHS ROOF REPAIR 6,255,21 00 49.835,76 49,835,76 -43,580,55 796 ' 71 320 EAGLE VALLEY HIGH SCHOOL 6,255.21 .00 49,835.76 49,835.76 -43,580.55 796 390 RED CANYON HIGH SCHOOL 5-43-390-00-4605-0430 000-0000 10 RCHS RENOVATION CMC BUILDING 30,000,00 ,00 9,486.73 9,486,73 20,513,27 31.62 5 43-390 00 4605-0430-000-0000 20 RCHS TECHNOLOGY CMC BUILDING 34,000.00 ,00 8,850.79 8,850,79 25,149,21 26,03 5-43-390 00 4605 0730-000-0000-30 RCHS EQUIPMENT CMC BUILDING 25,000,00 2,261.60 23,078,18 23,078,18 -339,78 101.36 390 RED CANYON HIGH SCHOOL 89,000.00 2,261.60 41,415.70 41,415.70 45,322.70 49.08 610 SUPERINTENDENT 5-43 610-00-4605-0430-000-0000-10 DO LANDSCAPING BY SIDEWALK 9,450,41 .00 9.450,43 9,450,43 ,02 100,00 5-43-610-00 4605 0430 000-0000-20 DO ROOF REPAIR 1,100,00 ,00 2,300,00 2,300,00 -1,200,00 209.09 5-43-610-00-4605 0430-000-0000-30 DO PARKING LOT LIGHTS ,00 ,00 1,540.75 1,540,75 1,540,75 ,00 610 SUPERINTENDENT 10,550.41 .00 13,291.18 13,291.18 -2,740.77 125.98 660 CONSTRUCTION 5 43 660 00-4605 0330-000-0000 05 OW ARCHITECTS 28,000.00 ,00 1,160,68 1,160.68 26,839,32 4,15 5-43-660-00-4605 0330-000 0000-10 DW PROJ CONSTRUCTION MANAGEMENT ,00 1,943.71 12,373,38 12,373,38 -14,317,09 ,00 5-43-660-00-4605-0330-000-0000 15 OW PROJ ENGINEERING ,00 ,00 11,482,50 11,482,50 11,482,50 ,00 5-43-660-00 4605 '0330 000-0000'20 OW PROJ ROOFING ENGINEERING .00 .00 12,458,50 12,458,50 -12,458.50 .00 5-43-660 00-4605 0540 000-0000-00 DW PROJ ADVERTISING ,00 ,00 2,524,00 2,524,00 -2.524,00 ,00 5'43-660-00-4605 0550 000-0000-00 DW PROJ PRINTING ,00 .00 45,00 45,00 -45,00 660 CONSTRUCTION 28,000.00 1,943.71 40,044.06 40,044.06 -13,987.77 149.9~ 725 EAST BUS BARN 5-43-725-00-4605-0430 000-0000-00 EBB ROOF REPAIR 1,100.00 ,00 36,900,00 36,900,00 -35,800,00 3354.55 725 EAST BUS BARN 1,100.00 .00 36,900.00 36,900.00 -35,800.00 3354.55 4605 298,450.41 4,205.31 251,524.70 251,524.70 42,720.40 85.69 4699 170 EDWARDS ELEMENTARY 5-43-170-00-4699-0430-000-0000-20 EES IRRIGATION ,00 ,00 37,495.24 37,495.24 -37,495,24 ,00 170 EDWARDS ELEMENTARY .00 .00 37,495.24 37,495.24 -37,495.24 .00 210 EAGLE VALLEY MIDDLE SCHOOL 5-43-210 00-4699-0430-000-0000-10 EVMS LANDSCAPE BACK OF BUILDING .00 ,00 34,814,19 34,814.19 -34,814,19 .00 210 EAGLE VALLEY MIDDLE SCHOOL .00 .00 34,814.19 34,814.19 -34,814.19 .00 4699 .00 .00 72,309.43 72,309.43 -72,309.43 .00 9100 OPERATING RESERVE 800 DISTRICT WIDE Run Date 08/02/05 04:01 PM Eagle County School District ReSOJ Page No 5 For 07/02/04 08/31/05 Expenditure Summary Report FJEXS01A periods 01 13 CAPITAL RESERVE FUND CAP RESERVE FUND Adjusted Y-T-D Period Y-T-D Available Budget Encumb Expended Expended Balance Percent --~~.~,-'" --- 43 ~PITAL RESERVE FUND 9100 OPERATING RESERVE 800 DISTRICT WIDE 5~43-800'00c9100-0840-000-0000-00 APPROPRIATED RESERVE 1,257,536.32 ,00 ,00 ,00 1,257,536,32 .00 800 DISTRICT WIDE 1,257,536.32 .00 .00 .00 1,257,536.32 .00 9100 OPERATING RESERVE 1,257,536.32 .00 .00 .00 1,257,536.32 .00 43 CAPITAL RESERVE FUND 2,506,703.00 370,130.31 1,085,941.32 1,085,941.32 1,050,631. 37 58.09 7/8/2005 BY: MARl RENZELMAN, EAGLE COUNTY TREASURER'S OFFICE 2005 INTEREST ALLOCATION NAME: 05SCHLND,WB2 2005 SCHOOL LAND DEDICATION as of: 6/30/2005 RECEIPT INTEREST ENDING BALANCE 2004 =: 20,179.40 JAN 44,08 DEDICATION FEES COLLECTED IN 2005 13,523,30 FEB 31.47 INTEREST RECEIPTED IN 2005 307.57 MAR 56.47 PAID WARRANTS - 2005 0,00 APR 28,80 MAY 79,94 LEDGER BALANCE: 34,010.27 JUN 66.81 JUL 0.00 AUG 0,00 SEP 0.00 OCT 0,00 TOTALS BY SCHOOL DISTRICT NOV 0,00 RE50J RE1 TOTAL DEC 0,00 2005 Beginning Balance: 698,10 19.481,30 20,179.40 307,57 Collected in 2005 13,523,30 0,00 13,523.30 Interest Distributed for 2005 68,56 239,01 307,57 Payments made in 2005 0.00 0,00 CURRENT LEDGER BALANCE 14,289,96 19,720,31 34,010.27 I INTEREST CALCULATION f YTD TOTALS NUMBER DAYS X INTEREST END BAL SCH DIST OF DAYS AMOUNTS DISTRIBUTED "PAID" 2005 DATE RECEIPTED PAYMENTS RE50J SCHOOL DISTRICT -2004 Ending Balance 698,10 698,10 365,00 254,806,50 8.56 706,66 REi SCHOOL DISTRICT - 2004 Ending Balance 19,481,30 19,481,30 365,00 7,110,674,50 239,01 19,720,31 0,00 0,00 0,00 0,00 0.00 0.00 RE50J 2/18/2005 13,523.30 13,523.30 132.00 1,785,075,60 60,00 13,583,30 20,179.40 13,523,30 TOT/0IS8 0.00 33,702.70 9,150,556.60 307.57 0.00 34,010.27 INTEREST RECEIPTED 307,57 , / 3.36122E-05 \~ ~ ~ ~(OS 34,010,27 i~