Resolution 2025-68 - NEEDS SIGNED AGREEMENT

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Boulder County 2025 Affordable Housing Grant Program Funding Agreement SUMMARY Contract Identification Oracle Number Accounting String Agreement Name Funding Cycle 2025 County Information Office or Department Board of County Commissioners Mailing Address P.O. Box 471 Boulder, CO 80306 Email to Submit Reports County Contact Name and Email Recipient Information Legal Name City of Louisville Mailing Address 749 Main Street, Louisville, CO 80027 Signature Name and Email Christopher M. Leh, Mayor — leh(a�louisvilleco.aov Other Contact Name and Email Term Start Date Amount Aggregate Funding Amount (not to exceed) $819,725 Agreement Documents Exhibit A — Project Details & Use of Funds Exhibit B — Reporting Requirements Exhibit C — Procurement & Cost Principles THIS Boulder County Affordable Housing Grant Program Funding Agreement ("Agreement") is entered into by and between the Board of County Commissioners on behalf of the County of Boulder, State of Colorado, a body corporate and politic ("County") and City of Louisville, a Colorado home rule municipality ("Recipient"). County and Recipient are each a "Party," and together, the "Parties." RECITALS A. The County has authority to enter into this Agreement pursuant to Board of County Commissioners' Resolution No. 2023-070 and 2023 County Ballot Issue 1B, "Affordable Housing Extension," adopted by voters of the County of Boulder in November of 2023, approving the extension of a 0.185% sales and use tax for fifteen years (from January 1, 2025 through December 31, 2039) for the purposes of funding affordable and attainable housing and related housing support services within the County of Boulder (the "Affordable and Attainable Housing Tax" or "AAHT"). 1 Approved for use by the Boulder County Attorney's Office