RESOLUTION

 

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

 

WHEREAS the Board of Supervisors is charged by the Code of Virginia with the preparation of an annual budget for Fauquier County and during the course of the fiscal year certain events occur which necessitate changing the budget plan by increasing or decreasing the total budget; and

WHEREAS, 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; and 

WHEREAS, Fauquier County was given a $10,000,000 (Ten Million) distribution from the Paul Mellon Estate Trust Fund; and 

WHEREAS, the $10,000,000 was specified to complete a Northern Sports Complex; and  

WHEREAS, Fauquier County wishes to allocate these funds in the Capital Improvements Program for the Northern Sports Complex; now, therefore, be it 

RESOLVED by the Fauquier County Board of Supervisors this 20th day of May 2002, That the County Administrator be, and is hereby, authorized to schedule a public hearing to receive citizens comments on the allocation of the $10,000,000.