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22.01.27 PSA Bright Future Foundation A Avon Letter of Agreement COLORADO Between Bright Future Foundation and Town of Avon, Colorado Ms. Sheri Mintz Bright Future Foundation for Eagle County P.O. Box 2558 Avon,CO 81620 Dear Ms. Mintz: The Town of Avon is pleased to provide funding to the Bright Future Foundation for Eagle County (Bright Future Foundation) in fiscal year 2022. The work of the Bright Future 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: Bright Future Foundation Project: Buddy Mentors: School-based Youth Violence Prevention Services Town of Avon Contribution: Cash: Six thousand dollars ($6,000.00) In-kind:The Town will provide in-kind support in the form of ten(10) 10-punch Avon Recreation punch cards, which is valued at seven hundred forty dollars($740.00). 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 the Bright Future Foundation. Funding for the program was approved by the Town Council in the 2022 Town of Avon General Fund Budget on December 7, 2021. Agreement Term: January 1, 2022 through December 31, 2022 Schedule for Use of Funds: January 1, 2022 through December 31, 2022 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 Bright Future 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 number of direct persons served Letter of Agreement Page 1 and fees for services, at a minimum. Bright Future 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 the Bright Future 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 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 the Bright Future Foundation or any of its employees as employees of the Town of Avon,and thereby, the Bright Future 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: Sheri Mintz, Bright Future Foundation I duly represent that I am authorized to represent the Bright Future Foundation 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 Bright Future Foundation's responsibilities as stated above. SIGNATURE: jhen G'4/ f�2 PRINTED NAME: (/ -r /W/ T " TITLE: e#/5F e X,Cu 77 i7e DATE: / /-Z7 /aO ? Town of Avon '',, SIGNATURE: cy l�t/66d PRINTED NAME:Elizabeth Wood TITLE:Communications&Marketing Manager DATE: //28/2022 Letter of Agreement Page 2