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HomeMy WebLinkAbout900909.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 School Districts RE-2 , RE-9, RE-10J, RE-11 , and RE-12 on the basis of a 50/50% split after 18 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 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 8th day of October, A.D. , 1990 . BOARD OF COUNTY COMMISSIONERS ATTEST R ! WEL OUNTY, COLORADO Weld County Clerk to the Board Q� Gene �R�._B�r �ner, Chairman " BY: g,---A-1214.5% Ge�Xge K€nnedy, Pro-Tem eputy County Jerk 1 Constance L. Harbert 7ppROVLTD AS TO FORM_; .o ,/ 1 rAT County Attorney Gord . L c 01-) �\ 900909 f- 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 900909 Hello