A. The town manager is charged with the enforcement of the provisions of this chapter and is hereby authorized and empowered to prescribe, adopt, promulgate and enforce rules and regulations pertaining thereto.

B. At the time of any transfer upon which a tax is imposed or which is claimed to be exempt under this chapter, there shall be made a report to the town manager on forms prescribed by him, setting forth the true, complete and actual consideration for the transfer, the names of the parties thereto, the location of the real property transferred, the basis of the claimed exemption, and such other information as he may require.

C. For the purpose of collection of the taxes imposed by this chapter, all banks, title companies, escrow companies, building and loan institutions, attorneys, real estate agencies, or other closing agents or agencies, permitted as such to do business under the laws of the State of Colorado may collect the real estate transfer tax (holding said funds in trust for the town) and remit the same to the town for and on behalf of the purchaser, forthwith. Said funds shall not be commingled with other funds of the collector.

D. The town manager is hereby authorized to negotiate and enter into an intergovernmental contract with appropriate officers of Summit County for the collection of this tax, including the payment of a fee to the county officers for said collection. (Ord. 30, Series 2021)