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RESOLUTION 98/99 <br /> BY <br /> ORANGE COUNTY <br /> WHEREAS, in North Carolina the Lead Regional Organizations, as voluntary <br /> organizations serving municipal and county governments, have established productive <br /> working relationships with the cities and counties across the state; and <br /> WHEREAS, the General Assembly continued to recognize this need through <br /> the appropriation of$864,270 to help the Lead Regional Organizations assist local <br /> governments with grant applications, economic development, community development, <br /> and to support local industrial development activities and other activities as deemed <br /> appropriate by their local governments; and <br /> WHEREAS, these funds are not intended to be used for payment of members' <br /> dues or assessments to Lead Regional Organization or to supplant funds appropriated <br /> by the member governments; and <br /> WHEREAS, in the event that a request is not made by a unit of government for <br /> release of these funds to our Regional Council, the available funds will revert to the <br /> State's General Funds; and <br /> WHEREAS, In Region J funds in the amount of$48,015 will be used to carry <br /> out the economic development plan approved by the COG Board of Delegates and <br /> especially to improve the economy of the counties and towns of the Region by <br /> strengthening ties to, and consequently, the benefits of the Research Triangle Park. <br /> NOW THEREFORE BE IT RESOLVED,that ORANGE COUNTY requests the <br /> release of its$6880.62 share of these funds to the Triangle J Council of Governments <br /> at the earliest possible time in accordance with the provisions of section 16.5 of Senate <br /> Bill-352, the 1997 ratified budget bill. Adopted this day of , 19919 at <br /> jj by <br /> (signature) <br /> Chief Elected Official <br /> CIL signature) <br /> Witness <br />