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HomeMy WebLinkAbout20012752.tiff RESOLUTION RE: DISTRIBUTION OF PAYMENT IN LIEU OF TAXES (PICT) FOR 2001 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 1st day of October, A.D., 2001. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: g ��'//����� y• EXCUSED r � �.r/ M. J. Geile, Chair Weld County Clerk to the tiara +ti` ' 1861 (' :14;04141V$ XCUSED DATE OF SIGNING (AYE) lenn Vaad, Pro-Tem BY: Deputy Clerk to the Bo'1,`=o���� Wit . Jerk 7EAST <-a.. otiAt ney R bert D. Masden Date of signature: /979 2001-2752 toe e4 /°it) FI0033 EXHIBIT"A" DISTRIBUTION OF PILT FUNDS 2001 Total Revenues Received $ 104,197.00 Less: 1% CCI Lobbying Costs 1,041.97 Proceeds to be divided $ 103,155.03 County Pubic Works $ 51,577.57 School Districts 51,577.52 Total Allocation $ 103,155.03 School District Distribution: District Number Acreage Percent Amount RE-2 10,880 5.24 $ 2,702.66 RE-9 43,461 20.94 10,800.33 RE-10J 39,500 19.03 9,815.20 RE-11 60,038 28.93 14,921.38 RE-12 53.680 25.86 13.337.95 207.559 100.00 $ 51,577.52 2001-2752 FI0033 Hello