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Resolution of the County of Allegheny, Commonwealth of Pennsylvania, directing that the receipt of funds by the County from gaming licensees pursuant to Act 71 of 2004 be utilized for community development priorities, support of the Community College of Allegheny County, and County social services.
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WHEREAS, Act 71 of 2004 establishes the Pennsylvania Gaming Act and allows for limited gaming through the use of slot machines in the Commonwealth of Pennsylvania as a source of new revenue; and
WHEREAS, slot machine licensees operating within a County of the Second Class will result in two percent (2%) of the gross terminal revenue from each licensed facility being allocated to the County; and
WHEREAS, such revenues should be put to use for community development initiatives selected by the Chief Executive and County Council as those groups most deserving of funding; as a dedicated source of funding for the Community College of Allegheny County, in addition to the current appropriation, with the expectation that the college will provide training for individuals entering into employment within the gaming industry; and, to serve those residents of our community who rely upon the social services funded by the County, State, and Federal government.
The Council of the County of Allegheny hereby resolves as follows:
SECTION 1.
There shall hereby be created a Special Account for receipt of funds pursuant to the provisions of Act 71 of 2004 which provide that the County shall receive two percent (2%) of the gross terminal revenue from each licensed slot facility within the County.
SECTION 2.
The County Manager shall be required to provide written notice to County Council of the receipt of revenues from the State Gaming Fund within five business days of receipt. Such notice shall include the current amount of revenues received as well as the total amount of revenues received to date.
SECTION 3.
The special account revenues sha...
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