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4. Acquisition of Open Space and Trail Development. The County shall use the percentage of the Fund, as specified in Section
VIII (A) above, to acquire open space or interests in open space, to restore, improve and protect open space, to acquire and
develop trails, and for such other uses set forth in Section VIII.E. 1, excepting that such percentage shall not be used for
administration or maintenance and subject to any other applicable restrictions on the use of funds set forth herein. Monies
in this category may be banked for future acquisitions and/or projects, consistent with Section VIII (D) (5).
5. If the allocated funds for the County administrative costs, grants, Designated Heritage Areas, County open space maintenance
and/or acquisition of open space or interests in open space or trail development are not expended by December 31st of each
year, County staff shall bank such funds according to the aforementioned uses. At any time, County staff shall recommend to OSTAB the use of such banked funds for the purposes so designated and/or for
acquisition of open space or interests in open space and/or trail purposes. OSTAB and County staff shall make recommendations on the use of the unexpended funds to the Board of County Commissioners. The Board of County Commissioners then will accept or reject OSTAB's and/or County staff's recommendations and/or designate
the monies to be expended in a manner consistent with this Resolution.
6. On an annual basis, the County will hire an independent auditor to audit the County's expenditures of the Fund.
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