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<br />be given to those public schools and political subdivisions socially <br />or economically impacted by the development, processing or energy <br />conversion of fuels and minerals leased under said federal mineral <br />leasing act. <br />(2) Twenty-five percent of all moneys described in paragraph <br />(1) (a) of this section, together with any funds derived from the <br />application of paragraph (3) (b) of this section, shall, upon receipt, <br />be paid into the public school fund to be used for the support of the <br />public schools of this state. <br />(3) (a) Fifty percent of all moneys described in paragraph (1) (a) <br />of this section, shall upon receipt, be paid to each of those respective <br />counties of this state from which the federal leasing money is derived <br />in proportion to the amount of said federal leasing money derived from <br />each of the respective counties, and used by said counties for the <br />purposes described in subsection (1) of this section; except that no <br />single county shall be paid an amount in excess of two hundred thousand <br />dollars in any calendar year under the provisions of this paragraph (a). <br />(b) Any balance of said fifty percent remaining after payment to <br />the several counties as provided in paragraph (a) of this subsection <br />(3) shall be paid by the state treasurer, on or before the last day of <br />December of each year, into the state public school fund and used for <br />the support of the public schools. <br />(4) Ten percent of all moneys described in paragraph (1) (a) of <br />this section shall, upon receipt, be paid into the Colorado water <br />conservation board construction fund created by section 37-60-121, <br />Colorado Revised Statutes 1973, as amended, for appropriation by the <br />general assembly pur~uant to the provisions of section 37-60-122, <br /> <br />-2- <br /> <br />2350 <br />