HomeMy WebLinkAbout940985 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 10th day of October, A.D. , 1994.
BOARD OF COUNTY COMMISSIONERS
ATTEST: a,,,, Mtiet// WELD COUNTY, COLORADO
Weld County Clerk to the Board
(J��� ,
H. Web` to irman
Sta BY: tl L �la
Deputy Berk to the Board Dale K. Hall, Pr Tem
APPROVED AS TO FORM: ABSTAINED
Geor e E. Baxter
County Att r`ney Con tance L. Harbert
J ti -.)
arbara J. Kirkm yer
940985
EXHIBIT "A"
DISTRIBUTION OF PILT FUNDS
1994
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-11 60,038 28.93 2,843.31
RE-12 53, 680 25.86 2,541.58
207.559 100.00 $ 9,828.23
940985
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