What types of projects are funded through the Adams County Open Space Sales Tax grant program?

The types of projects that can be funded through the grant program are parks and/or open space related including: the purchase, construction, and maintenance of: horse, bike or running trails; natural areas with limited development for fishing, hiking, walking or biking; wildlife preserves; lakes for fishing with accessible walks, docks, picnic areas and restrooms; conservation easements on agricultural land; environmental education programs; lands and waterways as community buffers; river and stream corridor land; unimproved flood plains; wetlands; preservation of cemeteries; picnic facili

How are Open Space Sales Tax revenues distributed?

The Open Space Sales Tax revenues are distributed in three ways. First, 2% of the total revenue is used for administration expenses. Second, 30% of the remaining monies are distributed back to the taxing entity in the proportion in which they were generated. The taxing entities contributing to the Open Space Sales Tax are: City of Arvada, City of Aurora, Town of Bennett, City of Brighton, City of Commerce City, City of Federal Heights, City of Northglenn, City of Thornton, City of Westminster, and Adams County.

What is the Open Space Sales Tax?

The Open Space Sales Tax is a sales tax of 0.25% (25¢ on a $100 purchase). It was passed by Adams County voters in 1999 as a 0.20% sales tax (20¢ on a $100 purchase) which would expire at the end of 2006. In 2004, Adams County voters renewed the sales tax through 2026 and increased it to the current level of 0.25%.

Why isn't my name on the release when I am the person who paid off the loan?

A warranty deed or quit claim deed is executed and recorded at the time of sale. Title to real estate is held subject to the Deed of Trust, which is released from the records when it is paid off. If the mortgage loan was assumed from another party, the previous owner's name(s) is listed on the original security instrument (a deed of trust or mortgage); therefore, the lien on record with the local recording jurisdiction is listed in their name(s).

Why do I have to pay a fee?

Chase charges a "convenience fee" for processing the transaction. The fee is not charged by Adams County, nor does Adams County receive any part of the fee. By state statutes, the County government is not allowed to charge or receive any part of a fee for credit card payment transactions.

Why can't I get my recording information immediately?

The Public Trustee's Office has a process whereby Release of Deeds of Trust are reviewed, checked for accuracy, and executed (signed by an officer of this office). These releases are then sent to the Clerk and Recorder for recording. Usually the release of deed of trust is recorded within several days after the Public Trustee's office receives it from the lender.

Why do you need to see the original note?

It is required by law. The duties of the Public Trustee are set by state statute. If the original promissory note has been lost, a Lost Instrument Bond must be furnished as a replacement. The Public Trustee may accept a request for release of deed of trust without production of the original note only when the owner of the evidence of debt (the lender) meets the requirements of certain financial institutions as provided by the Colorado Revised Statutes.

Can you tell me if my mortgage company has sent in the documents to release my deed of trust?

The Public Trustee's Office receives many Requests for Releases of Deed of Trust daily. Our policy is to provide "walk ins" our immediate attention. All other requests are processed in order by the date they arrived in our office. Therefore, there is no way for us to determine if your release documents have been received on any given day. We MAY have had to REJECT the request for your Release because your lender did not provide all of the required documentation and fees to our office.

I paid off my loan and my mortgage company has not released the lien. What can you do?

Colorado Revised Statutes Section 38-35-124 states that the "creditor or holder of the indebtedness shall, within ninety days after the satisfaction of the indebtedness and receipt from the debtor of the reasonable costs of procuring and recording the release documents... file with the Public Trustee the documents required for a release as prescribed by section 38-39-102." If your lender fails to comply with Colorado law in this regard, please contact your legal advisor. This office does not have the authority to enforce this law.