The Board of Trustees of the Town of Deer Trail, Arapahoe County, does hereby resolve to enter into an intergovernmental agreement with the County of Arapahoe for the acceptance, administration, and expenditures of Share back Funds.
Whereas, the Town of Deer Trail, hereinafter referred to as the "Town", in the County of Arapahoe and the State of Colorado, is the body corporate operating as a statutory town pursuant to the general statutes of the State of Colorado; and
Whereas, Colorado Revised Statutes 29-1-203 allows for municipalities to enter into intergovernmental agreements with counties; and
Whereas, Arapahoe County did approve a county-wide sales and use tax for specified open space objectives, which proceeds thereof are to be divided proportionately among the various Arapahoe County municipalities and governmental units; and
Whereas, Arapahoe County has prepared an Intergovernmental Agreement designed to establish with each Arapahoe County municipality the administrative and expenditure requirements related to the funds; and
Whereas, the Board of Trustees, hereinafter referred to as the "Board", has determined that it is in the Town's best interests to enter into the Intergovernmental Agreement with Arapahoe County.
It is, the therefore resolved by the Board of Trustees of the Town of Deer Trail, Colorado:
The Mayor and Town Clerk are hereby authorized to sign the Intergovernmental Agreement on behalf of the Board and the Town as well as any other documentation required to implement the agreement.
Adopted and approved this third day of November 2004.
Beryl H. Rector, Mayor
Town of Deer Trail, Colorado
Attest: Patti K. Owens, Town Clerk