Resolution 2007-34 - Laserfiche WebLink

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. . . . . ". . ~ t ~ above in Section IDa. Notices to the Lead Agency shall be sent to: Housing and Community Development Program Manager, City of Boulder Housing and Human Services, 1101 Arapahoe Avenue:, Second Floor, PO Box 791, Boulder, CO,80306. Co Termination Notices. Tennination notices, if any, shall be sent .by any non- renewing member jurisdiction to the Lead Agency 60 days prior to the end of the federal fiscal year (which is the calendar year), or by October 31 of each year. d. Execution. This Agreem'mt shalJ be executed by the appropriate officers of each Participating Govenunent and the: Lead Agency pursuant to authority granted them by their respective governing bodies" and a copy of the authorizing resolution and executed Agreement shall be filed promptly at the offices of the Lead Agency. e. Lead Agency. Subject to the provisions of this Agreement, the Lead Agency is authorized to act in a representative capacity for an of the Participating Govcnunents for the pwpose oftbe Act, and the Le:ad Agencf assumes overall responsibility for ensuring that the Consortium's HOME Program is carried out in compliance with the Act including requirements concerning a ConsoHdated Plan. f. Conlolidated PIaD. The Lead Agency and Participating Governments shall cooperate in the implementation of the HOME Program and shall cooperate in the preparation of the Consolidated Plan by providing funds for the development of the Consolidated Plan, by providing input to the Plan, and by holding any required public meetings during the preparation of the Plan Each Participating Government must fulJy approv~ each Consolidated Plan u)r such Plan to be considered to be approved and ready for submission to BUD. g. AUoeaUng HOME Program funding. Each Participating Government and the Lead Agency shall receive a fixed percentage of the HOME funds based on the fonnula and percentages as currently provided by HUD to the Lead Agency, or as amended by HUD in subsequent years (2008, 2009) of this Agreement. The percentages and annual funding levels set out below repn~sent the Lead Agency's current level of funding and estimate of annual funding to each Participating Government. The estimated annual funding will be adjusted according to actual funding allocated by HUD using the same percentages set forth below. Funds wjJJ be allocated as follows: Percenta e of Total 50% 23% 20% 7% . Annual allocations will be detcnnined by multiplying the tota] annual Consortium allocation by the Participating Gov1emments' and Lead Agency's percentage of funds.