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<br />INTERGOVERNMENTAL AGREEMENT AMONG THE CITY OF LOUISVILLE, <br />THE LOUISVILLE HOUSING AUTHORITY, AND THE BOULDER COUNTY HOUSING <br />CONCERNING AFFORDABLE HOUSING WITHIN THE CITY OF LOUISVILLE <br /> <br />dated as indicated on the signature <br /> undertaken by the Boulder County Housing <br />Authority, a Colorado county housing authority organized under C.R.S. § 29-4-501, ;· ­;¨u <br /> the City of Louisville, Colorado, a Colorado Home Rule MLouisvillethe <br />Housing Authority of the City of Louisville, a Colorado municipal housing authority organized under <br />C.R.S. § 29-4-201, ;· ­;¨u ; and the County of Boulder, State of Colorado, a body corporate <br />and , ,, <br /> <br />R <br />ECITALS <br /> <br />B <br />ACKGROUND <br /> <br />I.C.R.S. § 29-1-201, ;· ­;¨u, authorizes the Parties to cooperate and contract with one <br /> <br />another with respect to functions lawfully authorized to each ofrties, and the people of <br />the State of Colorado have encouraged such cooperation and contr <br />of Colorado Constitution, Article XIV, Section 18(2); <br /> <br />II.The functions described in this Agreement are lawfully authorizerties <br /> <br />which perform such functions hereunder, as provided in C.R.S. § -4-202, ;· ­;¨., C.R.S. § 29-4- <br />501, ;· ­;¨u, and the Louisville Home Rule Charter; <br /> <br />III.predominately managed by BCHA under a series of <br /> <br />management agreements, and LHA has no employees of its own; <br /> <br />IV.The portfolio of LHA consists of 116 affordable housing units, w <br /> <br />various ownership structures as set forth in this Agreement; <br /> <br />V.LHA previously transferred all of its Housing Choice Voucher budauthority to BCHA <br /> <br />through an intergovernmental agreement between LHA and BCHA, dated August 28, 2007 (the <br />Housing Choice Voucher ; <br /> <br />VI.and budget creates <br /> <br />inefficiencies and hinders the expansion of the provision of affordable housing within Louisville; <br /> <br />VII.Existing <br /> <br />BCHA Units <br />1 <br /> <br /> <br />