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2024 Community Grant Program Letter of Agreement - The Cycle Effect DocuSign Envelope ID:51A5CF53-9E9C-4693-BCE7-51F459DD703F AVOn COLORADO Letter of Agreement Between The Cycle Effect and Town of Avon, Colorado Ms. Shannon Casson The Cycle Effect P.O. Box 1503 Eagle, CO 81631 Dear Ms. Casson: The Town of Avon is pleased to provide funding to The Cycle Effect in fiscal year 2024. 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: Girls Mountain Bike Program Town of Avon Contribution: Cash:Two thousand dollars ($2,000.00) 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 Cycle Effect. Funding for the program was approved by the Town Council in the 2024 Town of Avon General Fund Budget on December 12, 2023. Agreement Term: January 1, 2024 through December 31, 2024 Schedule for Use of Funds: January 1, 2024 through December 31, 2024 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 Letter of Agreement Page 1 DocuSign Envelope ID:51A5CF53-9E9C-4693-BCE7-51F459DD703F services, at a 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 designate 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: Shannon Casson,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 apn.y,ap,j;9 ,yCycle Effect's responsibilities as stated above. SIGNATURE, Sew CASSbIA, 4(Et4DCFID6E49E PRINTED NAME: Shannon Casson TITLE: Grants Manager 1/23/2024 DATE: Town of Avon by: SIGNATURE I 1/4.-1/bBSFU9b/UA491... Elizabeth wood PRINTED NAME: TITLE: Communications & Marketing Manager DATE: 1/25/2024 Letter of Agreement Page 2