HomeMy WebLinkAbout911329.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-11J, and RE-12 on the basis of
a 50%-50% split, after 12 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-11J, and RE-12.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that the PILT Funds shall be distributed to the County Road and
Bridge Fund and School Districts RE-2, RE-9, RE-10J, RE-11J, and RE-12 as more
fully set forth in Exhibit "A" attached hereto and incorporated as a part of this
Resolution.
BE IT FURTHER RESOLVED by the Board that the Director of Finance and
Administration be, and hereby is, directed to prepare County warrants payable to
the above school districts in the amount of Bankhead-Jones Funds presented on
Exhibit "A".
The above and foregoing Resolution was, on motion duly made and seconded,
adopted by the following vote on the 6th day of November, A.D. , 1991.
BOARD OF COUNTY COMMISSIONERS
ATTEST:
kJ*? WELD COUNTY, COLORADO
Weld County Clerk to the Board EXCUSED
Gordon E. Lacy, Chairman
Deputy Clerk to the Boar Ge/g/e gy, Pro-Tem
APPROVED AS TO FORM:
Constance L. Harbert
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` County A torney C. W. Kirby��
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W. H. Webster
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EXHIBIT "A"
DISTRIBUTION OF PILT FUNDS
Total Revenues Received $19,855.00
Less: 12 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
911329
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