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2025 Community Grant Program - Eagle Valley Community FoundationLetter of Agreement Page 1 Letter of Agreement Between Eagle Valley Community Foundation and Town of Avon, Colorado Ms. Grace E. Anshutz Eagle Valley Community Foundation P.O. Box 1580 Vail, CO 81685 Dear Ms. Anshutz: The Town of Avon is pleased to provide funding to Eagle Valley Community Foundation in fiscal year 2025. The work of Eagle Valley Community Foundation 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: Eagle Valley Community Foundation Project: The Community Market Town of Avon Contribution: Cash: Ten Thousand dollars ($10,000.00) 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 Eagle Valley Community Foundation. 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, Eagle Valley Community Foundation 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 Letter of Agreement Page 2 persons served and fees for services, at a minimum. Eagle Valley Community Foundation 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 Eagle Valley Community Foundation’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 designate Eagle Valley Community Foundation or any of its employees as employees of the Town of Avon, and thereby, Eagle Valley Community Foundation, 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: Grace E. Anshutz, Eagle Valley Community Foundation: I duly represent that I am authorized to represent Celebrate the Beat 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, and Eagle Valley Community Foundation’s responsibilities as stated above. SIGNATURE: _____________________________________________________ PRINTED NAME: __________________________________________________ TITLE: _________________________________________________________ DATE: __________________________________________________________ Town of Avon SIGNATURE: ____________________ PRINTED NAME: ___________________________ TITLE: __________________________ DATE: ___________________________ Grace Anshutz (Jan 20, 2025 15:50 MST) Grace Anshutz Grace Anshutz Director of Development and Marketing Jan 20, 2025 1/20/25 Communications & Marketing Manager Elizabeth Wood