AGENDA REQUEST

Sponsor:

Board of Supervisors Meeting Date: 

Raymond E. Graham, Chairman, Cedar Run District

May 20, 2002

Staff Lead:

Department: 

Bryan Tippie, Director

Budget Office

Topic:  A RESOLUTION AUTHORIZING ADVERTISEMENT OF A PUBLIC HEARING TO CONSIDER ADOPTION OF ALLOCATION OF THE $10,000,000 (TEN MILLION) PAUL MELLON ESTATE CONDITIONAL DISTRIBUTION TO FAUQUIER COUNTY

Topic Description:

A $10,000,000 (Ten Million) distribution was made to Fauquier County from the Paul Mellon Estate Trust Fund for the purpose of completing the Northern Sports Complex.  On March 18, 2002, the Board of Supervisors adopted a resolution that approved allocation of the funds (see attached).  The Code of Virginia requires a public hearing when amendments to the budget exceed the lesser of $500,000 or one percent (1%) of the total budget. 

Requested Action of the Board of Supervisors: 

Consider adopting the attached resolution.

Financial Impacts Analysis:

As previously indicated

Identify any other Departments, Organizations or Individuals that would be affected by this request:

Parks and Recreation

Capital Improvements Program

Attachment 1

Attachment 2