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boob 1= -rsr 586 <br />RESOLUTION 92/93 <br />BY <br />LEE COUNTY <br />0 18 <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 1992 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 industrialdevelopment 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 Re on by strengthening ties to and consequently benefits of the Research <br />Triangle Park. <br />NOW THEREFORE BE IT RESOLVED, that the LEE COUNTY requests <br />the release of its $2,754.75 share of these funds to the Triangle j Council of <br />Governments at the earliest possible time in accordance with the provisions of <br />Chapter 900, House Bill 1340, section 180 of the 1992 Session Laws. <br />Adopted this day oai~e~nli en-,1992 at <br />(signature) SEAL <br />(signature) <br />NORTH cARmum. LM cOUN Y <br />arese fm registmoon one <br />of is ~ m=~9 <br />recorded in Dock <br />Noble W nwmes. Rsgilw of Deals <br />/S <br />