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HomeMy WebLinkAbout961513.tiff RESOLUTION RE: APPROVE ANNUAL COST OF LIVING ADJUSTMENT FOR SCT AND AUTHORIZE CHAIR TO SIGN 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 has been presented with an Annual Cost of Living Adjustment between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and SCT, with terms and conditions being as stated in said adjustment, and WHEREAS, after review, the Board deems it advisable to approve said adjustment, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Annual Cost of Living Adjustment between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and SCT be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said adjustment. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 28th day of August, A.D., 1996. BOARD OF COUNTY COMMISSIONERS LUIOIYLL WELD COUNTY, COLORADO ictA • t , Barbara J. Kirkmeyer, Chair �I my Clerk to the Board rte._ n fin' Exist iSFn °)61 B OP. i eorge E. Baxter, Pr -T — -- Deputy Clerk the Board Dale K. Hall ' APP AS TO F L -- Constance L. Harbe 'Z'ounty Attorn % � �, 2/ W. H. ster _ 961513 1e : ,5CT i A-7 DP0005 1111 WELD COUNTY95I 0TOH STREET N SERVICES GREELEY,Co 80631 SCT (303)356-4000, EXT: 4861 Willie FAX: (303) 356-4766 COLORADO To: Barbara Kirkmeyer, Chairman, Board of County Commissioners From: Anita Scrams, Site Directoc Date: August 19, 1996 Subject: Annual Cost of Living Adjustment (COLA) • According to Section 6.2 of the agreement between Weld County and SCT, each year a Cost of Living Adjustment should be calculated and used to adjust the payment schedule. The base Denver-Boulder Consumer Price Index for Urban Wage Earners (CPI-W) as of June 30, 1995 was 143.0. The CPI-W as of June 30, 1996 is 147.9. This represents an increase of 3.43%. Index Point Change CPI-W 6/30/96 147.9 Base CPI-W 6/30/95 143.0 Index Point Change 4.9 Percentage Change Index Point Change 4.9 Divided by Base CPI-W 143.0 Percentage Change 3.43% 961513 xhibitC Payments 3.43%COLA 1991 Payments with for 1997!; COLA January $117,807.19 $4,040.79 $121,847.98 February $117,807.19 $4,040.79 $121,847.98 March $117,807.19 $4,040.79 $121,847.98 April $117,807.19 $4,040.79 $121,847.98 May $117,807.19 $4,040.79 $121,847.98 June $117,807.19 $4,040.79 $121,847.98 July $117,807.19 $4,040.79 $121,847.98 August $117,807.19 $4,040.79 $121,847.98 September $117,807.19 $4,040.79 $121,847.98 October $117,807.19 $4,040.79 $121,847.98 November $117,807.19 $4,040.79 $121,847.98 December $117,807.19 $4,040.79 $121,847.98 TOTAL $1,413,686.28 $48,489.48 $1,462,175.76 L IBUI Signature of Concurrence ICQ,,,9 4 /-� .IBS jl4.--i uw ' Barbara Kirkmeyer, Chairman Board of County Commissioners cc: Tom Tierney (SCT) Greg Harrington (SCT) 2 961513 Hello