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HomeMy WebLinkAbout952099.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 Public Works 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 Public Works 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 Public Works 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 9th day of October, A.D., 1995. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO MA64; tit 1Fxr.t ism Dale, K. Hall, Chairman a ' >✓ t� yClerk to the Board ':. do 1 A. X' r; arbara J. Kirkmeyer, P -Tem r, `d':\(� k c 0A ° Deputy Cle k to the Board ARSTAINFn O FO George E. Baxter / / AP AS TRM: ./s7z « � c Gc✓ Constance L. Harbert nt ttolfrey `'__ �,, r UD�V� b� �( W. H. t ebst� J r 952099 FI0020 EXHIBIT"A" DISTRIBUTION OF PILT FUNDS 1995 Total Revenues Received $ 51,006.00 Less: 1% CCI Lobbying Costs 510.06 Proceeds to be divided $ 50.495.94 County Pubic Works $ 25,247.97 School Districts 25.247.97 Total Allocation $ 50.495.94 School District Distribution: District Number Acreage Percent Amount RE-2 10,880 5.24 $ 1,322.99 RE-9 43,461 20.94 5,286.93 RE-10J 39,500 19.03 4,804.69 RE-11 60,038 28.93 7,304.24 RE-12 53.680 25.86 6.529.12 207.559 100.00 $ 25.247.97 952099 FI0020 Hello