TC Res. No. 2003-02RESOLUTION 03-02
SERIES 2003
A RESOLUTION ESTABLISHING A TOWN OF AVON
BATTLE MOUNTAIN HIGH SCHOOL SCHOLARSHIP
FUND
WHEREAS, the Mayor of the Town of Avon has directed that $250 per month be
deducted from his salary as' Mayor and deposited into a special Town of Avon Battle Mountain
High School Scholarship Fund;
NOW, THEREFORE, BE IT RESOLVED:
1. There is hereby created a Town of Avon Battle Mountain High School
Scholarship Fund as part of the General Fund of the-Town.
2. $250 per month shall be deposited into the Fund, the amount thereof to be
deducted from the salary otherwise payable to Albert D. Reynolds, as Mayor of the Town
of Avon. There shall also be deposited into the Fund any, amounts directed to be deposited
by any other member of the Town Council or by any other donor.
3. Amounts deposited-into the Fund shall be placed in a special interest bearing
account to be established by the Finance Director, who shall have signatory authority over
the account.
4. Monies deposited into the Fund shall be used to fund two $1,000
scholarships for post-secondary school study for two graduating senior students at Battle
Mountain High School, one male and the other female. The scholarship amount shall be
paid directly to the post-secondary school selected by the student.
5. To be eligible for the scholarship, the student must be one of the following:
(1) an employee of the Town of Avon or the child of an employee employed for at least two
years by the Town; or (2) the child of a resident of the Town of Avon who has been a
resident of the Town for at least two years. The student must have attained at least one
varsity letter, and must have a grade point average of 3.75. The student is not required to be
a U.S. citizen. The scholarship shall be based on need, and the recipients of it shall be
selected by the Town Council.
ADOPTED at a regular meeting of the Town Council of the Town of Avon the 14th
day of January, 2003.
'kjI OF At,
' Albert D. Reynolds, May "Or
ATT i SEAS'
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