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HomeMy WebLinkAbout20190314.tiffJanuary 7, 2019 Iry Halter Executive Director Lomrnuritcakt 1121!19 COLORADO. Department of Local Affairs Office of the Executive Director Mr. Donald D. Warden Director of Finance and Administration Weld County P.O. Box 758 Greeley, CO 80632 Re: Private Activity Bond Allocation of $7,733,513 Dear Mr. Warden: RECEIVED JAN 15 2019 WELD COUNTY COMMISSIONERS I hereby certify that the above amount will be allocated to the respective local government for the purpose of issuing Private Activity Bonds (PAB) in 2019 under the state ceiling impo ed by the Internal Revenue Code of 1986, as amended. In accordance with the provisions of C.R.S. 17-32-1709.5, a fee on bonds issued is due to DOLA for the portion of each issuance that originated from a direct allocation. The amount of this fee is subject to revision, but is currently 0.011% of bonds issued. This fee is also due within five working days of the bond closing. In the event that the full allocation amount is not issued, or the fee rate changes, the fee will be recalculated to reflect the actual amount issued and the rate in effect at the time of closing. If you have any questions, please contact Ann Watts at (3O3) 864-7820 or ann.watts@state.co.us. Sincerely, Governor John W. Hickentooper I Iry Hatter, Executive Director 1313 Sherman St., Room 521, Denver, CO 80203. P 301864.7720 TDD/TYY 303.864.7758 Strengthening Colorado Communities. CC:VT(OA) 111(0,119 www.dota.colorado.gov 2019-0314 Hello