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DocuSign Envelope ID: 6AB45401-C92D-434B-BF24-A79F34815564 <br />RECITALS <br />A. The State Board of the Great Outdoors Colorado Trust Fund ("GOCO" or "Board") is a <br />political subdivision of the State of Colorado, created by Article XXVII of the Colorado <br />Constitution, adopted at the November 1992 General Election, which article appropriates a <br />portion of the net proceeds of the Colorado Lottery to GOCO and directs GOCO to invest those <br />proceeds in the state's parks, wildlife, open space, and recreational resources. <br />B. GOCO created grant programs pursuant to which eligible entities can apply for grants for <br />a variety of outdoor projects. Grantee or Grantees listed above ('Grantee') submitted a detailed <br />project application ('Project Application') that contemplates the execution of the project (the <br />'Project') entitled above and described in GOCO's project summary ('Project Summary'), <br />attached and incorporated as Exhibit A. <br />C. GOCO approved Grantee's Project Application, which is incorporated into this <br />Agreement by reference, on December 8, 2023, subject to the execution of a detailed grant <br />agreement. GOCO and Grantee each have on file a copy of the Project Application. <br />D. The parties intend this Grant Agreement (this "Agreement") to be the detailed grant <br />agreement required by GOCO. <br />AGREEMENT <br />NOW, THEREFORE, in consideration of the parties' mutual covenants contained in this <br />Agreement and other good and valuable consideration, the receipt and sufficiency of which are <br />hereby acknowledged, the parties agree as follows: <br />SECTION 1— PROJECT <br />1. Incorporation of Recitals. The Recitals set forth above are incorporated into this <br />Agreement. <br />2. Representations and Warranties of Grantee. Grantee is a Government, duly organized in <br />accordance with the laws of Colorado and has full and lawful authority to enter into, and comply <br />with the terms of, this Agreement. Grantee's governing body has authorized entering into this <br />Agreement as evidenced by the resolution attached and incorporated as Exhibit B. <br />3. Grant and Project. GOCO awards to Grantee a grant in the amount not to exceed <br />$500,000.00 ("Grant"), subject to the terms and conditions set forth in this Agreement. The <br />Grant shall be used by Grantee solely to complete the Project as approved by GOCO and as <br />described in the Project Application and the Project Summary. In the event of a conflict between <br />the Project Application and the Project Summary, the parties shall resolve the conflict by mutual <br />agreement. <br />4. Project Scope. Grantee shall not materially modify the Project without the prior written <br />consent of the Executive Director of GOCO ("Executive Director") or the Executive Director's <br />designee, such approval to be in GOCO's sole discretion. Any material modification to the <br />Page 2 of 17 <br />Updated 12/2023 <br />