COMMUNITY GRANT PROGRAM AGREEMENT - THE CYCLE EFFECTLetter of Agreement Page 1
Letter of Agreement Between
The Cycle Effect and Town of Avon, Colorado
Ms. Becca Gould
The Cycle Effect
P.O Box 1503
Eagle,CO 81631
Dear Ms. Gould:
The Town of Avon is pleased to provide funding to The Cycle Effect in fiscal year 2025. The work of The Cycle Effect
is important to the Avon community and on behalf of Avon’s residents, the Avon Town Council would like to express
its appreciation for your passion and commitment to the program by awarding Town funds as described in this Letter
of Agreement.
The purpose of this Letter of Agreement (Agreement) is to formalize the understandings for the Town of Avon’s
financial contribution.
Agency: The Cycle Effect
Project: Eagle County Girls Mountain Bike Mentorship Program & Mujeres y Pedales Program
Town of Avon Contribution:
Cash: One Thousand, Five Hundred dollars ($1,500)
Use of Funds: The use of the Town of Avon funds, and any in-kind services, are described in the Town of Avon
Community Funding Application (Funding Application), submitted to the Town of Avon by The Cycle Effect
Funding for the program was approved by the Town Council in the 2025 Town of Avon General Fund Budget on
December 10, 2024.
Agreement Term: January 1, 2025 through December 31, 2025
Schedule for Use of Funds: January 1, 2025 through December 31, 2025
Funding Conditions:
• Fully meet the terms of the Funding Application and special funding conditions, if any, as stated below.
• Consult with the Communications & Marketing Manager with respect to the appropriate use of the Town of Avon
logo and brand, including the placement of the Town of Avon logo on marketing and promotional materials
associated with the project, as appropriate to the level of funding from the Town. Within ten (10) business days
of the close of the project The Cycle Effect shall deliver to the Communications & Marketing Manager a Post
Event/Project Report to assist in measuring the impact of the event on the local economy, vibrancy and needs
of the community. The Report shall include the number of direct persons served and fees for services, at a
Letter of Agreement Page 2
minimum. The Cycle Effect is encouraged to meet with the Communications & Marketing Manager early in the
year to define metrics and objectives for the Report.
Town of Avon Responsibilities:
• The Communications & Marketing Manager is the responsible representative for the Town of Avon and for
overseeing The Cycle Effect’s project administration. The Communications & Marketing Manager should be
contacted with any questions and to coordinate the needs of the funded project: Elizabeth Wood,
Communications & Marketing Manager, (970) 748-4087, ewood@avon.org.
• Ninety percent (90%) of the grant funds will be paid within thirty (30) days after receipt of a signed agreement.
The remaining ten percent (10%) will be paid upon receipt of the Post Event/Project Report and submittal of an
invoice, unless agreed to otherwise by the Communications & Marketing Manager.
Nothing contained in this Agreement shall constitute or The Cycle Effect or any of its employees as employees of
the Town of Avon, and thereby, The Cycle Effect
its subcontractors or any person directly or indirectly employed by it are not entitled to Town of Avon worker’s
compensation benefits or any benefit contemplated by a Town of Avon employer/employee relationship.
Authorized Signatures:
Becca Gould, The Cycle Effect: I duly represent that I am authorized to represent The Cycle Effect in reviewing,
agreeing and signing this Agreement. My signature to this Agreement constitutes acceptance of the terms of this
Agreement, special conditions for use of the funds awarded, if any, The Cycle Effect’s responsibilities as stated
above.
SIGNATURE: _____________________________________________________
PRINTED NAME: __________________________________________________
TITLE: _________________________________________________________
DATE: __________________________________________________________
Town of Avon
SIGNATURE: ____________________
PRINTED NAME: ___________________________
TITLE: __________________________
DATE: ___________________________
Rebecca Gould (Jan 31, 2025 13:36 MST)
Rebecca Gould
Director of Development
Jan 31, 2025
1/31/25
Communications & Marketing Manager
Elizabeth Wood