HomeMy WebLinkAbout20170185.tiffCOLORADO
Department of Local Affairs
Office of the Executive Director
January 9, 2017
Mr. Donald D. Warden
Director of Finance and Administration
Weld County
P.O. Box 758
Greeley, CO 80632
Re: Private Activity Bond Allocation of $7,706,500
Dear Mr. Warden:
RECEIVED
JAN 12 2017
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 2017 under the state ceiling imposed by the Tax Reform
Act of 1987.
In accordance with the provisions of C.R.S. 24-32-1709.5, 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) 864-7820 or ann.watts®state.co.us.
Sincerely,
Iry Halter
Executive Director
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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 www.dola.colorado.gov
Strengthening Colorado Communities
2017-0185
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