HomeMy WebLinkAbout20180253.tiffCOLORADO
Department of Local Affairs
Office of the 'Executive Director
January 8, 2018
Mr. Donald D. Warden
Director of Finance and Administration
Weld County
P.O. Box 758
Greeley, CO 80632
Re: Private Activity Bond Allocation of $7,307,003
Dear Mr. Warden:
RECEIVED
JAN 15 701
WELD CO_ UNTY
COMMISS . ) NFPS
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 2018 under the
state ceiling imposed 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 (303) 86.4-7820 or
ann.watts@state.co.us.
Sincerely,
Iry Halter
Executive Director
Governor John W. Hickentooper I Iry Hatter, Executive Director
1313 Sherman St., Room 521, Denver, CO 80203 P 303.864.7720 TDD/TYY 303.864.7758
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2018-0253
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