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RESOLUTION 96/97 <br /> BY <br /> ORANGE COUNTY <br /> WHEREAS, in North Carolina the Lead Regional Organizations, as <br /> voluntary organizations serving municipal and county governments, have <br /> established productive working relationships with the cities and counties across <br /> the state; and <br /> WHEREAS, man y counties and cities continue to need assistance in <br /> pursuing economic and community development opportunities, but federal <br /> assistance in the form of intergovernmental revenues has been severely curtailed <br /> in recent years; and <br /> WHEREAS, the General Assemblyy continued to recognize this need <br /> through the appropriation of $864,270 to henp the Lead Regional Organizations <br /> assist local governments with grant applications, economic development, <br /> community development, and to support focal industrial development activities <br /> and other activities as deemed appropriate by their local governments; and <br /> WHEREAS, these funds are not intended to be used for payment of <br /> members' dues or assessments to Lead Regional Organization or to supplant <br /> funds appropriated by the member governments; and <br /> WHEREAS, in the event that a request is not made by a unit of <br /> government for release of these funds to our Regional Council, the available <br /> funds will revert to the State's General Funds; and <br /> WHEREAS, in Region J funds in the amount of $48,015 will be used to <br /> carry out the economic development plan approved by the COG Board of <br /> Delegates and especially to improve the economy of the counties and towns of <br /> the Region by strengthening ties to and consequently benefits of the Research <br /> Triangle Park. <br /> NOW THEREFORE BE IT RESOLVED, that ORANGE COUNTY <br /> requests the release of its 7123.60 share of these funds to the Triangle J Council <br /> ofUovernments at the earliest possible time in accordance with the provisions of <br /> Chapter 324, House Bill 229, section 9.4 of the 1995 Session Laws. Adopted this <br /> day of 1996at <br /> (� by: <br /> signature) SEAL <br /> hief cted Official <br /> �6,hwsignature) <br /> Witness <br />