HomeMy WebLinkAbout20201795.tiff RESOLUTION
RE: PARTIAL WAIVER OF PROPERTY TAX DELINQUENCY INTEREST RATE SET
FORTH IN C.R.S. §39-10-104.5(3), AS AUTHORIZED BY H.B. 20-1421
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, on June 14, 2020, Governor Polis signed H.B. 20-1421, which allows the
Board of County Commissioners to partially, waive the 1% per month delinquency interest
payment requirement set forth in C.R.S. §39-10-104.5(3)(a) and (3)(b) for the period of time
between June 15, 2020, and October 1, 2020, and
WHEREAS, the Board has been informed by letter from John Lefebvre, Weld County
Treasurer, that he approves of the partial waiver of 11/12 of the 1% per month delinquency interest
payment requirement set forth in C.R.S. §39-10-104.5(3)(a) and (3)(b), and requiring instead a
delinquency interest payment of .000833% per month, as long as the taxes and interest due are
paid on or prior to October 1, 2020, and
WHEREAS, a copy of Mr. Lefebvre's letter is attached hereto and incorporated herein as
Exhibit "A," and
WHEREAS, this action is necessary because of the downturn in Weld County's economy
due to the COVID-19 Pandemic Health Emergency and due to the dramatic reduction in the price
of oil since February 17, 2020, and
WHEREAS, after review, the Board agrees with and approves such action taken by
Mr. Lefebvre.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that the Board approves the partial waiver of 11/12 of the 1% per month
delinquency interest payment requirement set forth in C.R.S. §39-10-104.5(3)(a) and (3)(b), and
requiring instead a delinquency interest payment of .000833% per month, as long as the taxes
and interest due are paid on or prior to October 1, 2020.
c.c.: TRCJL 1 RF), FICOc. ), 2020-1795
OQ-C 6g) , P I.o C zF), TR0030
6occ C KF)
g/25/20 BC0054
PARTIAL WAIVER OF PROPERTY TAX DELINQUENCY INTEREST RATE SET FORTH IN
C.R.S. §39-10-104.5(3), AS AUTHORIZED BY H.B. 20-1421
PAGE 2
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 15th day of June, A.D., 2020.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
ATTEST: Iv Mike
Mike Freeman, Chair
Weld Co ,ty Clerk 'o
1861 (j
Steve oreno, Pro-Tern
BY: � ��'�* �;;�� %✓
Deputy CI k tot e B •• irt��l!
Sc t . James
APP D A M: 0a4Aft..-
.( ./
ara Kirkme er
Coun ttorney
bli/OQ Kevin D. Ross
Date of signature:
2020-1795
TR0030
BC0054
EXHIBIT
a OFFICE OF THE WELD COUNTY TREASURER
00.20 ..• J :! www.co.weld.co.us
MOON 17 AVE
_tM Ate. Isci) ,s GREELEY CO 80631
r. . ► 970-353 -3845 x3290
tot;IR r John R. Lefebvre, Jr.
June 12, 2020
Weld County Board of Commissioners
Pursuant to House Bill 20- 1421 being passed June 12, 2020, I am asking the Board of County
Commissioners approve a reduction in delinquent property tax rates from 12% annually to 1 %
annually, I would therefore be partially waiving 11 / 12 of the 1 % per month delinquency interest
payment requirement set forth in C .R. S . § 39- 10- 104 . 5 (3)(a) and (3 )(b), and requiring instead a
delinquency interest payment of . 0833 % per month from the statutory allowance of June 15 ,
2020 until October 1 , 2020.
Sincerely, /7/
John Lef7117,,,027
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