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HomeMy WebLinkAboutbocc.res.085.20221 RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, COLORADO, TO PARTNER WITH COLORADOO MOUNTAIN COLLEGE(CMC) IN APPLYING FOR AND DISTRIBUTING THE COLORADO OPPORTUNITY SCHOLARSHIP (COSI) 2022-2023 MATCHING FUNDS SCHOLARSHIP RESOLUTION NO. 085-2022 RECITALS WHEREAS, Pursuant to Section 2.8.4 (Actions) of the Pitkin County Home Rule Charter (“HRC”), all matters not required to be acted upon by ordinance or formal resolution may be acted upon by informal resolution, and; WHEREAS the State of Colorado, through the Colorado Opportunity Scholarship (COSI) has provided an opportunity for local counties to apply for scholarship support for students entering postsecondary education, and; WHEREAS COSI has required that matching scholarship funds awarded to any county be deposited with, and administered by, a local representative non-profit community foundation, and; WHEREAS COSI has required that matching scholarship funds will only be awarded to a county in which the student participants are engaged in a rigorous student success support program, and; WHEREAS the school districts contained either in part, or in full, within the boundaries of this county are currently participants within a previously funded COSI vigorous student success support program known as the Mountain Futures Fund (MFF), and; WHEREAS MFF was developed in cooperation with Colorado Mountain College (CMC) and has developed a functional framework for administering grant funds awarded by COSI, that is acceptable to COSI, and utilizes local non-profit community foundations, and; WHEREAS COSI has indicated that the MFF vigorous student success support program currently funded in part by COSI and in operation at present is provisionally sufficient to meet the requirements of the COSI matching scholarship grant requirements, and; WHEREAS the provision of additional scholarship support, to offset the cost of attending post-secondary education and a vigorous student success support program are critical to the continued economic competitiveness of this county, and; WHEREAS affordable post-secondary education for the citizens of this county is both a public good and a pathway towards greater individual economic success and greater economic health for this county, and; WHEREAS the citizens of this county have an expressed interest in providing affordable and cost-competitive quality post-secondary education for residents of this county, 2 THEREFORE, BE IT RESOLVED that the Pitkin County Board of County Commissioners approves that CMC apply on behalf of Pitkin County to COSI for $2,000 in matching scholarship funds through its 2022-2023 grant opportunity, and; BE IT FURTHER RESOLVED that the Pitkin County Board of County Commissioners agrees that the Colorado Mountain College Foundation will be the repository of all funds raised by this COSI grant initiative and will be responsible for the monitoring, distribution, and oversight of these scholarship awards, and; BE IT FURTHER RESOLVED that the Pitkin County Board of County Commissioners approves the allocation of all scholarship dollars raised by this 2022-2023 COSI initiative will be first applied to reducing the cost of attendance for eligible Pitkin County residents to attend CMC pursuant to a formal two-year degree, four-year degree, technical certificate, or success transfer to another institution of post-secondary education. BE IT FURTHER RESOLVED that if all eligible Pitkin county residents in an awarding academic year have received the greatest financial aid possible from this award, the Pitkin County Board of County Commissioners authorizes CMC on its behalf to allocated unspent dollars for eligible residents from other counties participating in this initiative and this authority covers both current and standing unspent balances provided in past COSI allocations for Pitkin County. BE IT FURTHER RESOLVED by the Board of County Commissioners of Pitkin County, Colorado that it hereby adopts a Resolution to Partner with Colorado Mountain College in Applying for and Distributing the Colorado Opportunity Scholarship 2022-2023 Matching Funds Scholarship and authorizes the Chair to sign the Resolution and upon the satisfaction of the County Attorney as to form, execute any other associated documents necessary to complete this matter. INTRODUCED, READ AND ADOPTED ON THE 7TH DAY OF DECEMBER 2022. ATTEST: BOARD OF COUNTY COMMISSIONERS By _________________________ By: _____________________________ Julia Ely Patti Clapper, Chair Deputy County Clerk Date: ______________ APPROVED AS TO FORM: MANAGER APPROVAL ___________________________ _________________________________ John Ely, County Attorney Phylis Mattice for Jon Peacock, County Manager Dec-07-2022