City Council Agenda and Packet 2013 12 16

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INTERGOVERNMENTAL AGREEMENT This Agreement is made and entered into, and becomes effective as provided in paragraph 12 , between the City of Louisville, Colorado ( "Louisville") , and the Town of Superior, Colorado ("Superior") , each a municipal corporation of the State of Colorado. I. Findings WHEREAS, The City Council of Louisville and the Board of Trustees of Superior find that : A. Pursuant to Colorado Constitution Article XIV, Section 18 (2) (a) and C.R.S. §29-1-201, et seq. , Louisville and Superior may cooperate or contract with each other to provide any function, service or facility lawfully authorized to each, and any such contract may provide for the sharing of costs, the imposition of taxes, and the incurring of debt; and B. Pursuant to C.R.S. §29-20-101, et seq. , Louisville and Superior are authorized and encouraged to cooperate or contract with each other for the purposes of planning or regulating the development of land; and C. Louisville and Superior may, pursuant to state law and an intergovernmental agreement, provide for revenue sharing; and D. Louisville finds that it has the authority to make the promises, enter into the agreements, and perform the functions, set forth herein, and Superior finds that it has the authority to make the promises, enter into the agreements, and perform the functions, set forth herein; and E. This Agreement resolves, in a mutually satisfactory and cooperative manner, issues which have been of concern between Louisville and Superior for several years; and F. Because of the proximity of Louisville and Superior, the nature and quality of development within the properties affected by this Agreement will affect each party and their revenues; and G. Resolution of the long-standing issues between Louisville and Superior would be hindered without the revenue-sharing provisions of this Agreement ; and 1