RES-1995-054 Resolution 95/96 - Agenda - 10-17-1995 - VIII-H

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z RESOLUTION 95/96 BY ORANGECOUNTY WHEREAS, in North Carolina the Lead Regional Organizations, as voluntary organizations serving municipal and county governments, have established productive working relationships with the cities and counties across the state; and WHEREAS, many counties and cities continue to need assistance in pursuing economic and community development opportunities, but federal assistance in the form of intergovernmental revenues has been severely curtailed in recent years; and WHEREAS, the 1995 General Assembly recognized this need through the appropriation of $864,270 to held the Lead Regional Organizations assist local governments with grant applications, econoiruc development, community development, and to support local industrial development activities and other activities as deemed appropriate by their local governments; and WHEREAS, these funds are not intended to be used for payment of members' dues or assessments to Lead Regional Organi.2ation or to supplant f Pp funds appropriated by the member governments; and WHEREAS, in the event that a request is not made by a unit of Covds ernment for release of these funds to our Regional Council, the available will revert to the State's General Funds; and WHEREAS, in Region J funds in the amount of $48,015 will be used to carry out the economic development plan approved by the COG Board of Delegates and especially to improve the economy of the counties and towns of the Ikeg�'on, strengthening strengtheng ties to and consequently benefits of the Research Triangle Park. NOW THEREFORE BE IT RESOLVED, that the ORANGE COUNTY requests the release of its 7199.32 share of these funds to the Triangle J Council of Governments at the earliest possible time in accordance with the provisions of Chapter 324, House Bill 229, section 9.4 of the 1995 Session Laws. Adopted this day of 199 at by: Chief Elected Official (signature) SEAL Witness (signature)