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20.01.03 PSA Bright Future FoundationContract Archive Submittal Form , .von C O L O R A D O All contracts must receive prior review and approval by the Town Attorney, INCLUDING all exhibits, attachments and scope of work. Check with the Town Attorney to verify the correct contract form to be used. Instructions Document Title: * 20.01.03 PSA Bright Future Foundation Upload Contract* PDF Only Vendor / Other Party Name: Department: * Name:* 6 8h6i*ernment Elizabeth Wood responsible for the contract: Contract Start Date: Contract End Date: * Contract Notification Recipients 1 Days: Advance E-mail Notification of 15 Expiration of Contract: Financial: Special Terms: Name: Bright Future Foundation -Town of Avon Signed Letter of 60.78KB Agreement.pdf Bright Future Foundation Email Address:* ewood@avon.org 1/11/2020 12/31/2020 Email Address: Recipients Name:* Recipients Email Address: Elizabeth Wood ewood@avon.org .... .. Contract Budget Amount: Budget Line Item: $ 5,000.00 137-64902 Exhibit 1 Certificate needed: Council Action Required:* County Recording Required* Comments: Do have any additional Documents you would like to upload Phone Number:* 970-748-4087 List any special terms that are unusual and require review or another negotiating point prior to expiration. Attach Exhibit: PDF Only No No No A ,ovon COLORADO Letter of Agreement 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 2020. 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 (Letter) is to formalize the understandings for the Town of Avon's financial contribution. Agency: Bright Future Foundation Project: Youth Violence Prevention Services Town of Avon Contribution: Cash: Five thousand dollars ($5,000.00) 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 and attached to this Letter. Funding for the program was approved by the Town Council in the 2020 Town of Avon General Fund Budget on December 10, 2019. Agreement Term: January 1, 2020 through December 31, 2020 Schedule for Use of Funds: January 1, 2020 through December 31, 2020 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. • Provide the Town of Avon with an invoice in the name of the Bright Future Foundation not less than thirty (30) days prior to the expected date of payment. Letter of Agreement Page 1 • 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 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 forthe 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.orrt. • Ninety percent (90%) of the grant funds will be paid within thirty (30) days after receipt of invoice. 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 Letter 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 Letter. My signature to this Letter constitutes acceptance of the terms of this Letter, special conditions for use of the funds awarded, if any, and Bright Future Foundation's responsibilities as stated above. SIGNATURE: PRINTED NAME: �f!fCr K+r A7• /YI I /✓%rte TITLE: (�1 �' F �ni���iCf'i�. T�Ve ��� /G I� DATE: ---//,--;r l aoaa --• - — Town of Avon SIGNATURE: Ike PRINTED NAME: Eric Heil TITLE: Town Mangier DATE: 1/3/2020 Letter of Agreement Page 2