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Home My WebLink About24-54 Approving an Addendum to the IGA Agreement between the Town and SVVSD RE-1J Concerning Fair Contributions for Public School Sites 05-08-2024RESOLUTION 1'40.24-54 A RESOLUTION OF THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO APPROVING AN ADDENDUM TO THE INTERGOVERNMENTAL AGREEMENT BETWEEN THE TOWN OF FIRESTONE AND THE ST. VRAIN VALLEY SCHOOL DISTRICT RE-1J CONCERNING FAIR CONTRIBUTIONS FOR PUBLIC SCHOOL SITES WHEREAS, on October 10, 2018 the Town of Firestone ("Town") and the St. Vrain Valley School District RE- I ("District") entered into an Intergovernmental Agreement ("IGA") Concerning Fair Contributions For Public School Sites pursuant to C.R.S. 22-54402 (3)(a); and WHEREAS, the parties desire to approve an Addendum to the IGA which will grant the District an additional five years to expend funds received from the Town prior to 2013 thru 2029, designate $50,000 of the funds for expansion of the District's East Transportation Terminal, authorize the Town to use $200,000 of District funds to improve the crosswalks in the Centennial Elementary /Neighbors Point Park area and authorize the parties to collaborate regarding the District's potential conveyance of a portion of Centennial Elementary's property to the Town for its construction of a parking lot for use by Centennial Elementary and users of Neighbors Point Park; and WHEREAS, the parties f"md that the terms and conditions of the Addendum benefit both parties and serve the purposes set forth in the Public School Finance Act of 1994 (C.R.S.24-54- 102 et.seq.) NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO: The Addendum to the Intergovernmental Agreement between the Town of Firestone and St. Vrain Valley School District RE-IJ concerning Fair Contributions for Public School Sites is approved in substantially the same form as the copy attached hereto and made a part of this resolution and the Mayor is authorized to execute the Addendum on behalf of the Town. 0 INTRODUCED, READ AND ADOPTED this I�iay of May 2024. TOWN OF I Gonzalez, Interim Tow`l��'�TY, �illiam P. ,COLORADO ADDENDUM TO INTERGOVERNMENTAL AGREEMENT BETWEEN THE TOWN OF FIRESTONE AND THE ST.VRAIN VALLEY SCHOOL DISTRICT RE-1J CONCERNING FAIR CONTRIBUTIONS FOR PUBLIC SCHOOL SITES This Addendum to the Intergovernmental Agreement between the Town of Firestone and the St. Vrain Valley School District REml J Concerning Fair Contributions for Public School Sites ("Addendum") is made this TNay of May, 2024, by and between the Town of Firestone, a Colorado municipal corporation ("Town") and the St. Vrain Valley School District RE-1J, a Colorado public school district and political subdivision of the State of Colorado ("District"). The Town and the District may be referred to herein individually as 'Party" or collectively as "Parties." RECITALS The Town and the District are Parties to an Intergovernmental Agreement between the Town of Firestone and the St. Vrain Valley School District RE-1J Concerning Fair Contributions for Public School Sites dated October 10, 2018 (the "IGA"). The IGA was entered into pursuant to Section 22-54-102(3)(a), C.R.S., in order to clarify how the Parties could assist each other in the funding of the District's capital construction projects. Per the terms of the IGA, the Parties agree that it is in the best interests of the citizens of the Town (who are also citizens of the District) to cooperate to ensure the adequate provision for Fair Contribution for Public School Sites within the Town, and the IGA was designed to set forth the terms, conditions, rights and obligations of each Party with respect to the planning, collection, and use of Fair Contribution for Public School Sites. Per the terms of the IGA, funds received as Fair Contribution for Public School Sites are to be used for such purposes within fifteen years of collection unless the District has requested from the Town an extension, which extension may be granted by the Town for good cause shown. Pursuant to Section 8.4 of the IGA, the District requested a five year extension of time to spend funds collected prior to 2013 to acquire a PK-8/middle school site within the Town. The Parties seek to reaffirm their commitment to cooperate to ensure adequate provision for Fair Contribution for Public School Sites to serve the Town and its citizens, and seek to addend the IGA consistent with that commitment by extending the fifteen year period, as set forth herein. NOW, THEREFORE, in consideration of the mutual promises and undertakings set forth herein, the receipt and sufficiency of which are hereby mutually acknowledged, the Parties agree to addend the IGA as follows. 1. Upon review of the District's request for an extension, the Town, upon good cause shown, agrees to extend the period of time by five years for the use of Fair Contribution for Public School Sites funds received prior to 2013 up through and 2029. 2. An amount of $50,000 of such funds shall be used for a bus parking expansion of the District's East Transportation Terminal, scheduled for 2024/2025 and designed to address the additional buses needed due to increased enrollment in the region. The $50,000 from such funds shall be only supplementing the project's overall costs. 3. The District shall provide the Town $200,000 to improve safe pedestrian crosswalks in the Centennial Elementary/Neighbors Point Park region of the Town ("Crosswalk Project"). The Crosswalk Project improvements shall be identified by the Town and all construction, oversight, and ongoing maintenance of such improvements shall be the sole responsibility of the Town. 4. The Parties will work together towards the potential conveyance by the District to the Town of a portion of the Centennial Elementary property for the Town's construction of a parking lot for joint use by Centennial Elementary and users of Neighbors Point Park. 5. Except for as otherwise specified herein, the Parties recognize and reaffirm that the IGA and its provisions remain binding and in force. Signed and dated as of the date indicated above. TOWN OF FIRESTO ATTE,§T: #' /TOWni V.Jr in Tovf n erk a �u C) ST. VRAIN VALLEY SCHOOL DISTRICT RE-1J President of the Board of Education ATTEST: Secretary of the Board of Education 1. Upon review of the District's request for an extension, the Town, upon good cause shown, agrees to extend the period of time by five years for the use of Fair Contribution for Public School Sites funds received prior to 2013 up through and 2029. 2. An amount of $50,000 of such funds shall be used for a bus parking expansion of the District's East Transportation Terminal, scheduled for 2024/2025 and designed to address the additional buses needed due to increased enrollment in the region. The $50,000 from such funds shall be only supplementing the project's overall costs. 3. The District shall provide the Town $200,000 to improve safe pedestrian crosswalks in the Centennial Elementary/Neighbors Point Park region of the Town ("Crosswalk Project"). The Crosswalk Project improvements shall be identified by the Town and all construction, oversight, and ongoing maintenance of such improvements shall be the sole responsibility of the Town. 4. The Parties will work together towards the potential conveyance by the District to the Town of a portion of the Centennial Elementary property for the Town's construction of a parking lot for joint use by Centennial Elementary and users of Neighbors Point Park. 5. Except for as otherwise specified herein, the Parties recognize and reaffirm that the IGA and its provisions remain binding and in force. Signed and dated as of the date indicated above. TOWN OF FIRESTO ATT T: _ �.-FOWN"N r s dry CAL Ton er a e ST. VRAIN VALLEY SCHOOL DISTRICT RE-1J President of the Board of Education ATTEST: Secretary of the Board of Education