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<br />. , <br />, " <br />t " .. . .J . <br /> <br />WHEREAS, the Lead Agency has elected to administer such federal funds for <br />itself and the Participating Govenunents through its DePartment of Housing and Hwnan <br />ServiceslDivision of Housing; &Ild . . <br /> <br />WHEREAS, the Particip~Lting Governments and Lead Agency are authorized to <br />enter into cooperative agreements pursuant to the Colorado Constitution, Article 'xw ~ <br />18, and ~ 29-1-203, C.R.S. <br /> <br />NOW THEREFORE, in consideration of the mutual covenants and 'promises <br />contained in this Agreement, the parties mutually agree to the following terms and <br />conditions, <br /> <br />I. DEFINITIONS <br /> <br />For the purpose of this Agreement, the terms dermed in this section have the meanings <br />given to them: <br /> <br />"Act" means Title n of the Cranslton-Gonzalez National Affordable Housing Act of 1990, <br />as amended, 42 U,S.C. 12701 et seq. <br /> <br />"Consolidated Plan" is a HUn required document. It serves as a planning document for <br />the Consortium and a funding application under the Community Planning and <br />Development formula. grant programs (Community Development Block Grant <br />("CDBG", HOME, Emergency Shelter Grant (ESG) and Housing Opportunities for <br />Persons with Aids (HOPW A). <br /> <br />"Consortium" means the Participating Governments and Lead Agency acting pursuant to <br />this Agreement. <br /> <br />"HUD" means the United States Department of Housing and Urban Development. <br /> <br />"Lead Agency" means the one member unit of general local govenunent designated to act <br />in a representative capacity for itself and the.Participating Governments for the piuposes <br />of implementing the HOME R~::gulations, The Lead Agency sball assume overall <br />responsibility for ensuring that 'the Consortium's HOME Program is carried out in <br />compliance with the requirements of 24 CFR part 92.101, including requirements <br />concerning a Consolidated Plan. 'lrhe lead agency for the Consortium shall be the City of <br />Boulder. <br /> <br />"Participating Governments" means the City and County of Broomfield, Boulder County <br />(acting on behalf of all incoIporated and unincorporated areas of the County except for <br />the areas which are the cities of Boulder and Longmant), and the City of Longmont. <br /> <br />"Regulations" means the rules and regulations promulgated pursuant to the Act, including <br />but not limited to 24 CFR Parts 91 and 92, as amended. <br />