Resolution 2012-55 - Laserfiche WebLink

Home Browse Search

INTERGOVERNMENTAL AGREEMENT AMONG THE CITY OF LOUISVILLE, THE LOUISVILLE HOUSING AUTHORITY, AND THE BOULDER COUNTY HOUSING AUTHORITY CONCERNING AFFORDABLE HOUSING WITHIN THE CITY OF LOUISVILLE This Intergovernmental Agreement (the "Agreement "), dated as indicated on the signature pages to this Agreement (the "Effective Date "), is undertaken by the Boulder County Housing Authority, a Colorado county housing authority organized under C.R.S. § 29 -4 -501, et seq. ( "BCHA "); the City of Louisville, Colorado, a Colorado Home Rule Municipality ( "Louisville "); the Housing Authority of the City of Louisville, a Colorado municipal housing authority organized under C.R.S. § 29 -4 -201, et seq. ( "LHA "); and the County of Boulder, State of Colorado, a body corporate and politic (the "County "), (each a "Party," and collectively, the "Parties "). RECITALS BACKGROUND C.R.S. § 29 -1 -201, et seq., authorizes the Parties to cooperate and contract with one another with respect to functions lawfully authorized to each of the Parties, and the people of the State of Colorado have encouraged such cooperation and contracting through the adoption of Colorado Constitution, Article XIV, Section 18(2); II. The functions described in this Agreement are lawfully authorized to each of the Parties which perform such functions hereunder, as provided in C.R.S. § 29 -4 -202, et seq., C.R.S. § 29-4 - 501, et seq., and the Louisville Home Rule Charter; III. LHA's operations have been predominately managed by BCHA under a series of management agreements, and LHA has no employees of its own; IV. The portfolio of LHA consists of 116 affordable housing units, which are organized into various ownership structures as set forth in this Agreement; V. LHA previously transferred all of its Housing Choice Voucher budget authority to BCHA through an intergovernmental agreement between LHA and BCHA, dated August 28, 2007 (the "Housing Choice Voucher IGA "); VI. The Parties recognize that the relatively small size of LHA's portfolio and budget creates inefficiencies and hinders the expansion of the provision of affordable housing within Louisville; VII. BCHA owns and operates thirty units of affordable housing within Louisville (the "Existing BCHA Units ");