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HomeMy WebLinkAbout20082540.tiff RESOLUTION RE: DISTRIBUTION OF PAYMENT IN LIEU OF TAXES (PILT) FOR 2008 WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board of County Commissioners of Weld County, Colorado, has a policy that PILT Funds will be distributed to the Weld County Public Works Fund and School Districts RE-2, RE-9, RE-10J, RE-11, and RE-12 on the basis of a 50/50 percent split after one percent of said funds have been taken off for CCI lobbying purposes, and WHEREAS,the Director of Finance and Administration has prepared Exhibit"A,"attached hereto and incorporated herein as part of this Resolution,showing the calculation of the distribution of PILT Funds to the Public Works Fund and School Districts RE-2, RE-9, RE-10J, RE-11, and RE-12. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado,that the distribution of PILT Funds to the County Public Works Fund and School Districts RE-2, RE-9, RE-10J, RE-11, and RE-12 shall be distributed as more fully set forth on Exhibit "A," attached hereto and incorporated herein by reference. BE IT FURTHER RESOLVED by the Board that the Director of Finance and Administration be directed to prepare County warrants payable to the above School Districts in the amount presented on Exhibit "A." The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 22nd day of September, A.D., 2008. BOARD OF COUNTY COMMISSIONERS aXCUSED WELD COUNTY, COLORADO ATTEST: .i/` ✓",�/ ' '. ') ill' H. Jerke, Chair Weld County Clerk to the poard. j" a (t n� . u \Y Robert D. Ma, Pro-Tem BY: �tb ati - �C_ De u Clerk the Board ill F. Garcia APP D AS T cM c Cc:L ___,______--- avid E. Long ounty ttorney ougla ademach r Date of signature: iohaICK 2008-2540 00 : r; O ld erg- / / F10047 EXHIBIT"A" DISTRIBUTION OF PILT FUNDS 2008 Total Revenues Received $83,398.00 Less: 1% CCI Lobbying Costs 833.98 Proceeds to be divided $82,564.02 County Public Works $41,282.01 School Districts 41,282.01 Total Allocation $82,564.02 School District Distribution: District Number Acreage Percent Amount RE-2 10,880 5.24% $2,163.95 RE-9 43,461 20.94% 8,644.08 RE-10-J 39,500 19.03% 7,856.27 RE-11 60,038 28.93% 11,941.13 RE-12 53,680 25.86% 10,676.57 207,559 100.00% $41,282.01 � r yyti 2008-2540 Hello