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DLG Receipt for Avon URA FormationSTATE OF COLORADO DEPARTMENT OF LOCAL AFFAIRS ..co��� 1313 Sherman Street, Suite 521 Denver, Colorado 80203 � v, / .4 Phone: (303) 866 -2771 * *� FAX: (303) 866- 4819 1876 TDD: (303) 866 -5300 �� Bill Ritter, Jr. Governor Susan E. Kirkpatrick Executive Director July 30, 2007 Mr. Matthew O. Gray Sherman & Howard, L.L.C. 633 17"' Street, Suite 3000 Denver, CO 80202 Dear Mr. Gray: The Division of Local Government in the Department of Local Affairs hereby acknowledges that an originally signed "CERTIFICATE OF FORMATION OF THE AVON URBAN RENEWAL AUTHORITY IN THE TOWN OF AVON, COLORADO," dated June 26, 2007, was filed in the office of the Division of Local Government on July 20, 2007. Attached is a copy of said certificate. The original certificate remains of record in the Division pursuant to Section 31- 25- 104(1)(b), C.R.S. Sincerely, Charles T. Unseld, eputy Director Division of Local Government MV /mv enclosure CERTIFICATE OF FORMATION OF THE AVON URBAN RENEWAL AUTHORITY IN THE TOWN OF AVON, COLORADO The undersigned commissioners of the Avon Urban Renewal Authority (the "Authority ") hereby certify as follows: 1. On June 26, 2007, the Town Council of the Town of Avon, Colorado (the "Town "), pursuant to Section 31- 25- 104(1)(b) of the Colorado Revised Statutes ( "C.R.S. "), held a public hearing (the "Hearing ") for the purpose of determining the need for an urban renewal authority in the Town. Prior to the Hearing, the Town Clerk gave notice of the time, place, and purpose of the Hearing by publishing a notice, at least ten days preceding the day of the Hearing, in a newspaper having general circulation in the Town. 2. After the Hearing, the Town Council found that one or more slum or blighted areas exist in the Town, and found that the acquisition, clearance, rehabilitation, conservation, development, or redevelopment, or a combination thereof of such area is necessary in the interest of the public health, safety, morals, or welfare of the residents of the Town, and declared it to be in the public interest that the Authority exercise the powers provided in Title 31, Article 25, Part 1, C.R.S., to be exercised by an urban renewal authority. 3. Pursuant to Section 31- 25- 115(1), C.R.S., the Town Council has designated itself as the Authority. WITNESS our hands as of June 26, 2007. Ro' Wolfe Brian Sipes Richa arroll Dave Dantas