Resolution 2015-21 - Needs Fully Executed Agreement

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COMMUNITY DEVELOPMENT BLOCK GRANT — DISASTER RECOVERY COLLABORATIVE INTERGOVERNMENTAL AGREEMENT THIS AGREEMENT ( "Agreement ") is made and entered into this day of , 2015, by and between Boulder County, the cities of Boulder, Lafayette and Louisville, the towns of Lyons, Jamestown and Nederland and the City of Longmont ( "Longmont" or the "Lead Agency ") (collectively the "Participating Governments "), RECITALS WHEREAS, the Department of Housing and Urban Development ( "HUD ") Community Development Block Grant Disaster Recovery ( "CDBG -DR ") Program has appropriated funds for disaster assistance and is distributing appropriated funds to the State of Colorado; and WHEREAS, the State of Colorado has determined it is in its best interest to sub - allocate CDBG -DR Program funding to the City of Longmont, the Lead Agency for the Participating Governments named above, to administer such federal funds, subject to certain conditions, for the purpose of completing public works, infrastructure and housing projects to aid in the recovery of our communities from the September 2013 flood for the second phase, or Round 2, of CDBG -DR funding; and WHEREAS, the State of Colorado entered into separate CDBG -DR Housing Grant Agreements with Boulder County for $2,500,000 in September, 2014, and with the City of Longmont for $2,750,000 for the first phase, or Round 1, of CDBG -DR funding, and those funds are separately administered by Boulder County and the City of Longmont, respectively, and are not subject to this Agreement; and WHEREAS, the Participating Governments and the Lead Agency recognize the need to address the flood impacts and recovery of our communities in a coordinated and collaborative way ensuring that the unmet needs of our residents and our communities resulting from the flood are addressed in a logical, productive and locally determined fashion, and have determined that it will be mutually beneficial and in the public interest to enter into this Agreement to accept this funding and lay out principles around the management and distribution of the CDBG -DR Program funding; and WHEREAS, the Participating Governments and Lead Agency are authorized to enter into cooperative agreements pursuant to the Colorado Constitution, Article XIV § 18, and § 29 -1- 203, C.R.S. NOW THEREFORE, in consideration of the mutual covenants and promises contained in this Agreement, the parties mutually agree to the following terms and conditions. G: \COUNCIL \City Council Packets\2015\2015 04 21\2015 04 21 CDBG -DR IGA RES- 02.doc 90