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original Parties to this Agreement contributed to the construction costs. In addition, funds for construction
<br />were allocated from the Boulder County Sales and Use Tax Fund, and the Parties estimated that future
<br />business surcharges would help to fund the project. The Parties also agreed to fund equipment and start-
<br />up costs over ten years beginning in 2011. The breakdown of contributions was as follows:
<br />Contributor
<br />Contribution to
<br />construction expense
<br />Estimated
<br />Contribution to
<br />equipment and start -
<br />up expense * * **
<br />TOTAL
<br />Boulder County
<br />$864,020*
<br />$42,734
<br />$906,754
<br />City of Boulder
<br />$400,000 **
<br />$68,888
<br />$468,888
<br />City and County of
<br />Broomfield
<br />$22,800*
<br />$6,319
<br />$29,119
<br />Town of Erie
<br />$10,720 * **
<br />$3,501
<br />$14,221
<br />City of Lafayette
<br />$33,200*
<br />$10,494
<br />$43,694
<br />City of Longmont
<br />$58,880*
<br />$11,780
<br />70,660
<br />City of Louisville
<br />$43,920* *
<br />$8,992
<br />$52,912
<br />Town of Superior
<br />$14,880*
<br />$2,292
<br />$17,172
<br />County Recycling Sales
<br />and Use Tax Fund
<br />$762,500
<br />NA
<br />$762,500
<br />Future businesses
<br />surcharges
<br />$189,080
<br />NA
<br />$189,080
<br />Total
<br />$2,400,000
<br />155,000
<br />2,555,000
<br />*One -time contribution
<br />** Paid over 20 years, interest free
<br />* ** Paid over 5 years, interest free
<br />* * ** Paid over 10 years, interest free, based on previous year's percentage participation
<br />B. The City of Boulder will pay the County Recycling Sales and Use Tax Fund equal payments of
<br />Twenty Thousand Dollars ($20,000) per year for twenty (20) years, beginning by December 31, 2009,
<br />and thereafter by December 31St each year through and including 2028. The City of Boulder's payment
<br />obligations hereunder are subject to and limited by the appropriation of sufficient funds by the Boulder
<br />City Council for each year including but not limited to those years that this Agreement is in effect.
<br />C. The City of Louisville will pay the County Recycling Sales and Use Tax Fund equal payments of
<br />Two Thousand One Hundred Ninety -Six Dollars ($2,196) per year for twenty (20) years, beginning
<br />December 31, 2009, and thereafter by December 31St each year through and including December 31,
<br />2028. The City of Louisville's payment obligations hereunder are subject to and limited by the
<br />appropriation of sufficient funds by the Louisville City Council for each year including but not limited to
<br />those years that this Agreement is in effect.
<br />D. In the event that a Party to this Agreement fails to contribute its share of costs, and in a manner
<br />consistent with this Agreement, the Party in default will refrain from further participation in the HMM
<br />Program, its residents will not be permitted to bring Household Hazardous Wastes to the HMM Facility,
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