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RESOLUTION NO. 13 <br />SERIES 2024 <br />A RESOLUTION APPROVING AN INTERGOVERNMENTAL AGREEMENT WITH THE <br />CITY OF BOULDER FOR SUPPORT TO ESTABLISH A REGIONAL AFFORDABLE <br />HOMEOWNERSHIP AND RENTAL COMPLIANCE PROGRAM <br />WHEREAS, the City of Louisville (the "City"), is part of the Boulder County <br />Regional Housing Partnership (BCRHP) that was established to address regional housing <br />affordability challenges; and <br />WHEREAS, the BCRHP agreed to establish a centralized program for the <br />administration of rental and homeownership services; and <br />WHEREAS, the City currently does not have any resources dedicated to <br />administering any affordable housing programs; and <br />WHEREAS, the City of Boulder has agreed to provide support for administering <br />any affordable housing programs for least two years in the City; and <br />WHEREAS, there has been prepared an intergovernmental agreement (the " IGA") <br />to set forth the City and City of Boulder's respective rights and obligations; and <br />WHEREAS, by this resolution the City Council desires to approve and authorize <br />the Mayor to execute the IGA. <br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY <br />OF LOUISVILLE, COLORADO: <br />Section 1. The Intergovernmental Agreement, by and between the City of Louisville <br />and the City of Boulder for support to establish a regional affordable homeownership and <br />rental compliance program, is hereby approved in essentially the same form as the copy of <br />such IGA that accompanies this resolution. <br />Section 2. The Mayor is hereby authorized to execute the IGA on behalf of the City, <br />and the Mayor is hereby further authorized to negotiate and approve such revisions to the <br />IGA as the Mayor determines are necessary or desirable for the protection of the City, so <br />long as the essential terms and conditions of the IGA are not altered. <br />PASSED AND ADOPTED this 19t" day of March, 2024. <br />Resolution No. 13, Series 2024 <br />Page 1 of 2 <br />