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22.02.01 PSA Vail Valley Charitable Fund A A On COLORADO Letter of Agreement Between Vail Valley Charitable Fund and Town of Avon, Colorado Ms.Terri Hanley Reichert Vail Valley Charitable Fund P.O. Box 2207 Edwards, CO 81632 Dear Ms. Hanley Reichert: The Town of Avon is pleased to provide funding to the Vail Valley Charitable Fund in fiscal year 2022.The work of the Vail Valley Charitable Fund 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:Vail Valley Charitable Fund Project: Direct Aid 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 the Vail Valley Charitable Fund. 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 Vail Valley Charitable Fund 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.The Vail Valley Charitable Fund 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 Vail Valley Charitable Fund'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 the Vail Valley Charitable Fund or any of its employees as employees of the Town of Avon, and thereby,the Vail Valley Charitable Fund, 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: Brooke Skjonsby, Vail Valley Charitable Fund I duly represent that I am authorized to represent the Vail Valley Charitable Fund 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, a d the Vail Valley Charitable Fund as stated above. SIGNATURE:_ I PRINTED NAME: Brooke Skjonsby TITLE: VVCF Executive Director DATE: January 28, 2022 Town of Avon J/ SIGNATURE: ( a zz .L4od PRINTED NAME: Elizabeth Wood TITLE: Communications & Marketing Manager DATE: 2/1/2022 Letter of Agreement Page 2