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RESOLUTION 94/95 <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, many 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 1994 General Assembly recognized this need through the <br /> appropriation of $864,270 to help the Lead Regional Organizations assist local <br /> governments with grant applications, economic development, community <br /> development, and to support local industrial development activities and other <br /> 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 the ORANGE COUNTY <br /> requests the release of its $7244.41 share of these funds to the Triangle j Council <br /> of Governments at the earliest possible time in accordance with the provisions of <br /> Chapter 321,Senate Bill 27, section 39 of the 1994 Session Laws. <br /> Adopted this i day of , 0 oewder, 199 at <br /> /e <br /> by <br /> 7 <br /> �� � (signature) SEAL <br /> Chief l:- ed Official <br /> --2 /4 7 <br /> �,�`r', - �a E <br /> ',,,e),,,,, c., (signature) <br /> Witness <br />