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ASSIGNMENT OF ALLOCATION <br />THIS ASSIGNMENT (the "Assignment"), dated July 27 , 2021, is between the <br />City of Louisville, a Colorado home rule municipal corporation (the "Assignor"), and the <br />Housing Authority of the County of Boulder, Colorado, a body corporate and politic (the <br />"Assignee"). <br />RECITALS <br />A. The Assignee intends to finance "projects" (the "Project") within the meaning of <br />Title 29, Article 4, Part 5, Colorado Revised Statutes, as amended (the "Act"). <br />B. The Assignee intends to provide for the issuance of its Multifamily Housing <br />Revenue Bonds (the "Proposed Bonds"), pursuant to the provisions of the Act for the purpose of <br />financing the Project. <br />C. The Assignee has requested that the Assignor assign to the Assignee all <br />$1,153,015 of the Assignor's 2021 allocation (the "Allocation") under the bond ceiling for the <br />State of Colorado and its issuing authorities (the "State Ceiling") computed under Section 146(d) <br />of the Internal Revenue Code of 1986 (the "Code") as provided for the Assignor as a "designated <br />local issuing authority" under part 17 of article 32 of title 24, Colorado Revised Statutes (the <br />"Allocation Act"), for use in connection with the financing of the Project. <br />D. Subject to the terms and conditions set forth herein, the Assignor desires to assign <br />to the Assignee, and the Assignee desires to accept, $1,153,015 of the Assignor's 2021 allocation <br />from the State Ceiling. <br />ASSIGNMENT <br />In exchange for the agreements set forth herein and other good and valuable <br />consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto <br />agree as follows: <br />1. The Assignor hereby assigns and transfers to the Assignee the Assignor's 2021 <br />Allocation from the State Ceiling for private activity bonds in an amount equal to $1,153,015. <br />The Assignor and the Assignee understand that such assigned allocation shall automatically be <br />relinquished to the "Statewide Balance" as defined under the Allocation Act unless (a) the <br />Proposed Bonds are issued by the Assignee on or before September 15, 2021, or (b) Section <br />24-32-1706(3)(c), Colorado Revised Statutes, pertaining to the carryforward of the assigned <br />allocation applies. <br />2. The Assignor represents that it has received no monetary consideration for the <br />assignment set forth above. <br />3. The Assignee hereby: <br />4843-0521-4958.2 <br />