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HomeMy WebLinkAbout931015.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 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 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 4th day of October, A.D. , 1993. BOARD OF COUNTY COMMISSIONERS ATTEST: ' ' / /l/G244 WELD COUNTY, COLORADO Weld County Clerk to the Board .o Constance L. /H/arbe�grt�, Chairman BY: �� �/ Kit /� YlC Deputy Clerk to the Board W. H.//Webster, Prof Tem APPROVED AS TO FORM: / Jr- ( -� Georgge/ Baxer ounty Attorney ale K. Hall EXCUSED DATE OF SIGNING (AYE) Barbara J. Kirkmeyer 931015 EXHIBIT "A" DISTRIBUTION OF PILT FUNDS 1993 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 RE-2 10,880 5.24 $ 515.00 RE-9 43, 461 20.94 2,058.03 RE-10J 39,500 19.03 1,870.31 RE-11J 60,038 28.93 2,843.31 RE-12 53,680 25.86 2,541.58 207.559 100.00 $ 9,828.23 931015 Hello