HomeMy WebLinkAbout891045.tiff RESOLUTION
RE: DISTRIBUTION OF PAYMENT IN LIEU OF TAXES (PILT)
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 Road and Bridge Fund and the School Districts (RE-2,
RE-9 , RE-10J, RE-11 , and RE-12) on the basis of a 50/50% split
after 1% of said funds has 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 Road and Bridge 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 Road and Bridge Fund and the 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 of County Commissioners
of Weld County, Colorado, 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 4th day of
October, A.D. , 1989 .
- ' BOARD OF COUNTY COMMISSIONERS
ATTEST: � � "' WELD COUNTY, COLORADO
Weld County Clerk and Recorder
and Clerk to the Board C. Kiry,Cairman
BY: Gene R. Brantner, Pro-Tem
D puty County Cl k ` �/ 4 /4/
ea-' v"-
onstance L. Harbert
PPROV AS TO
?esr
e7 eorge n y
County Attorney �.
Gor
891045
EXHIBIT "A"
DISTRIBUTION OF PILT FUNDS
Total Revenues Received $19 ,855 .00
Less : 1% CCI Lobbying Costs 198 . 55
Proceeds to be divided $19,656 .45
County Road and Bridge $ 9, 828 .22
School Districts 9, 828 .23
Total Allocation $19 , 656 .45
School District Distribution:
District Number Acreage Percent Amount
2313 RE-2 10, 880 5 . 24 $ 515 . 00
2314 RE-9 43,461 20 .94 2,058.03
1315 RE-10J 39, 500 19 .03 1 , 870 .31
1316 RE-11J 60,038 28 .93 2 , 843. 31
1317 RE-12 53,680 25 . 86 2, 541 . 58
207,559 100 .00 $ 9 ,828 .23
891045
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