Agenda - 12-15-1998 - 8p - Laserfiche WebLink

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2 TRIANGLE J COUNCIL OF GOVERNMENTS W o r l d C I a s s 100 Park Drive, P.O. Box 12276 Research Triangle Park, NC 27709 R• a i o n 919.549.0551 Fnx:919.549.9390 November 18, 1998 Commissioner Margaret Brown Orange County Chair 1509 Smith Level Road Chapel Hill, NC 27516 Dear Commissioner Brown: p c6cue� NOV 2.° 1998 D The Triangle J Council of Governments has again received official notification that funds are available to assist the economic development programs of this and the other seventeen regions. Attached is a copy of the accomplishments for the past year with the work plan for this coming year. The General Assembly approved $48,015 for each Council of Governments for each year of the biennium. Your government is asked to release its share (based on population) to the Council of Governments. A copy of the region's list of population and funds is attached as is a copy of Section 16.5 of Senate Bill 352, the 1998 ratified budget bill. To this end you are asked to place on your next board agenda a resolution to release your share of the economic development monies from the State Budget Office to the Triangle J Council of Governments. You are reminded that just as with past years' economic development funds, money not released reverts to the general fund; it is not made available directly to local governments. The resolution to release funds is enclosed. When approved, please return the on in signed, sealed and fully executed document to the Council of Governments at the earliest possible date. Retain a copy for your files. Should you wish a representative of the Council of Governments to attend the board meeting to provide additional information or respond to questions, please contact Charles Krautler at 558- 9395. Your cooperation and continued support are gratefully acknowledged and appreciated. Sincerely, Winston Hester, Chairman Triangle J Council of Governments Enclosures CC: Manager and Delegate Men,