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HomeMy WebLinkAbout992332.tiff RESOLUTION RE: APPROVE AGREEMENT FOR ANNUAL COST OF LIVING ADJUSTMENT AND AUTHORIZE CHAIR TO SIGN - SCT 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 Agreement for 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, effective January 1, 2000, with terms and conditions being as stated in said amendment, and WHEREAS, after review, the Board deems it advisable to approve said agreement, 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 Agreement for 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 agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 20th day of September, A.D., 1999. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: LI/ �j> ! ILA' XCUSED s, ‘ J .I- K. Hall, Chair r sit v Weld County Clerk.:o the B'� rd ; 99 (L L12BY: ������� '�='r-rbar J. Kirkmeyer Pro-Tem ,- '- Deputy Clerk to the Board c�(� ,� ,George after 7 A P P R7ED AS TO F . M. G 'ile 7iL - unty Attorney- _4,k2„' i Glenn Vaad - 992332 ?ciF j SCT DP0007 �111�'I WELD COUNTY 915 10TH INFORMATIONSTREET SERVICES fst*o SCT GREELEY,CO 80631 (30 3) 356-4000, EXT:4861 WineFAX: (303) 356-4766 COLORADO To: Dale Hall, Chair, Board of County Commissioners From: Brad Keil, Account Executive Date: September 13, 1999 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, 1998 was 155.2. The CI'I-W as of June 30, 1999 is 159.4. This represents an increase of 2.710/0. Index Point Change CPI-W 6/30/99 159.4 Base CPI-W 6/30/98 155.2 Index Point Change 4.2 Percentage Change Index Point Change 4.2 Divided by Base CPI-W 155.2 Percentage Change 2.71 Page 1 of 2 ^p roll c+J 7 992332 January $136,448.33 $3,697.75 $140,146.08 February $136,448.33 $3,697.75 $140,146.08 March $136,448.33 $3,697.75 $140,146.08 April $136,448.33 $3,697.75 $140,146.08 May $136,448.33 $3,697.75 $140,146.08 June $136,448.33 $3,697.75 $140,146.08 July $136,448.33 $3,697.75 $140,146.08 August $136,448.33 $3,697.75 $140,146.08 September $136,448.33 $3,697.75 $140,146.08 October $136,448.33 $3,697.75 $140,146.08 November $136,448.33 $3,697.75 $140,146.08 December $136,448.33 $3,697.75 $140,146.08 TOTAL $1,637,379.96 $44,373.00 $1,681,752.96 Signature of Concurrence: _ Dale Hall, Chair (Oq)ao/ac) Board of County Commissioners cc: Lorie Page (SCT) Lance Smi1:h (SCT) Page 2 of 2 Hello