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HomeMy Public PortalAboutResolution 1974-07-74 House Bill No. 1084 Authorizing Each Municipality to Create Consersevation Trust Fund TOWN OF FRASER RESOLUTION 47-74 WHEREAS, House Bill No. 1084, enacted during the Second Regular Session of the Forty -Ninth General Assembly, authorizes each municipality to create a Conservation Trust Fund for the acquisition, development and maint- enance of new conservation sites; and WHEREAS. House Bill No. 1084 appropriated $725,000, and additional funds may be appropriated by the state in subsequent years, for distribution to each county and municipality which creates a Conservation Trust Fund and which certifies to the Department of Revenue that it has created such Fund; and WHEREAS, the Board of Trustees of the Town of Fraser, Colorado desires to create a Conservation Trust Fund and to qualify for distribution of the state appropriated moneys; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO: 1. That a Conservation Trust Fund is hereby created pursuant to C. R. S. 1963, 138 -1 -98 and 139 -87 -5: 2. That any moneys received from the state in 1974 and subsequent years for Conservation Trust Fund purposes shall be deposited in said Conservation Trust Fund and shall be expended, upon direction of the Board of Trustees, only in accordance with the provision of C.R.S. 1963, 138 -1 -98; and 3. That the Mayor is hereby authorized to prepare and sign on behalf of the Board of Trustees, an affidavit certifying to the Department of Revenue that the Board has established a Conservation Trust Fund in accordance with House Bill No. 1084 and that the Town wishes to qualify for distribution of state moneys -2- appropriated for Conservation Trust Fund purposes. Dated at r edo This -day of A.D. 1974. Town of Fraser, Colorado B y ,Ram,! Ar2ece_eeeta Mayor Attest: Town Clerk