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RESOLUTION NO. 14 <br />SERIES 2024 <br />A RESOLUTION APPROVING A FOURTH AMENDMENT TO THE AGREEMENT <br />WITH THE URBAN DRAINAGE AND FLOOD CONTROL DISTRICT D/B/A MILE <br />HIGH FLOOD DISTRICT FOR DRAINAGE AND FLOOD CONTROL IMPROVEMENTS <br />FOR COAL CREEK DRAINAGEWAY A-1 AT GARFIELD AVENUE <br />WHEREAS, the City of Louisville ("City") and Urban Drainage and Flood Control <br />District d/b/a Mile High Flood District ("District") entered into that certain Agreement <br />Regarding Final Design, Right -of -Way Acquisition and Construction of Drainage and <br />Flood Control Improvements for Coal Creek Drainageway A-1 at Garfield Avenue, City <br />of Louisville, dated July 30, 2020 ("Agreement"); and <br />WHEREAS, on December 1, 2020, the City and District amended the Agreement <br />to increase the funding for the construction of drainage and flood control improvements <br />covered under the Agreement by $500,000, with each party contributing $250,000 <br />("First Amendment"); and <br />WHEREAS, the City and District amended the Agreement for a second time to <br />increase the funding for the construction of drainage and flood control improvements <br />covered under the Agreement by $300,000, with each party contributing $150,000 <br />("Second Amendment"), bringing the City's total contribution under the Agreement, as <br />amended, to $883,257.95; and <br />WHEREAS, the City and District desire to amend the Agreement for a third time <br />to increase the funding for the construction of drainage and flood control improvements <br />covered under the Agreement by $100,000, with the District contributing the entire <br />amount ("Third Amendment"), keeping the City's total contribution under the Agreement, <br />as amended, to $883,257.95; and <br />WHEREAS, the City and District desire to amend the Agreement for a fourth time <br />to increase the funding for the construction of drainage and flood control improvements <br />under the Agreement by $160,000, with half of this increase to be contributed by the <br />City and the other half by the District, increasing the total project cost to $1,922,806.55, <br />bringing the City's maximum contribution to $883,257.95. <br />WHEREAS, the City Council finds that the proposed Fourth Amendment is in the <br />best interest of the City and its residents. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF LOUISVILLE, COLORADO: <br />1. The City Council hereby approves the proposed Fourth Amendment to <br />Agreement Regarding Final Design, Right -of -Way Acquisition, and Construction of <br />Resolution No. 14, Series 2024 <br />Page 1 of 2 <br />