Orange County NC Website
10 <br />�OL'NCIL "',07 GOVERNMENT FUNDS - - - -- -- <br />N y,{ r i n c <br />f ,'-f:a „ Section 16 S ;x (a) r Of the . funds appropriated;* <br />ppropriated ` in',." this � act: to the <br />L�tpartment of "Commerce,' eight hundred sixty -four thousand two'hundre� seventy <br />," �,' dollars '(S864,270) for the 1997 -98 fiscal year and eight hundred sixty -four thousand <br />two hundred seventy dollars (S864,270) for the 1998 -99 fiscal year shall Wily be used <br />as provided by this section. Each regional council of government or lead regional <br />organization is allocated up to forty -eight thousand fifteen dollars (S48,015) for each <br />fiscal year, with the actual amount calculated as provided in subsection (b) of this <br />section. <br />(b) The funds shall be allocated as follows: A share of the maximum <br />forty -eight thousand fifteen dollars (S48,015) each fiscal year shall be allocated to <br />each county and smaller city based on the most recent annual estimate of the Office <br />of State Planning of the population of that county (less the population of any larger <br />city within that county) or smaller city, divided by the sum of the total population of <br />the region (less the population of larger cities within that region) and the total <br />population of the region living in smaller cities. Those funds shall be paid to the <br />regional council of government for the region in which that city or county is located <br />upon receipt by the Department of Commerce of a resolution of the governing board <br />of the county or city requesting release of the funds.. If any city or county does not so <br />request payment of funds by June 30 of a State fiscal year, that share of the allocation <br />for that fiscal ear shall revert to the General Fund. <br />(c) A regional council of government may use funds appropriated by this <br />section only to assist local governments in grant applications, economic development, <br />community development, support of local industrial development activities, and other <br />activities as deemed appropriate by the member governments. <br />(d) Funds appropriated by this section shall not be used for payment of <br />dues or assessments by the member governments and shall not supplant funds <br />appropriated by the member governments. <br />(e) As used in this section, "Larger City" means an incorporated city <br />with a population of 50,000 or over. "Smaller City" means any other incorporated <br />city. <br />Requested by: Senator, Martin of Pitt, Representatives Mitchell, Baker, Carpenter <br />