HomeMy WebLinkAboutRES-1996-049 Resolution for Economic Development Funding by the General Assembly to Triangle J Council of Governments RESOLUTION 96/97
BY
ORANGE COUNTY
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, man y 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 General Assemblyy continued to recognize this need
through the appropriation of $864,270 to henp the Lead Regional Organizations
assist local governments with grant applications, economic development,
community development, and to support focal 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 Organization or to supplant
funds appropriated by the member governments; and
WHEREAS, in the event that a request is not made by a unit of
government for release of these funds to our Regional Council, the available
funds 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 Region by strengthening ties to and consequently benefits of the Research
Triangle Park.
NOW THEREFORE BE IT RESOLVED, that ORANGE COUNTY
requests the release of its 7123.60 share of these funds to the Triangle J Council
ofUovernments 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 1996at
(� by:
signature) SEAL
hief cted Official
�6,hwsignature)
Witness