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HomeMy Public PortalAboutResolution 2024-03-03 Transfer IHop Grant Contract from Williford LLC to Urban Rural ContinuumTOWN OF FRASER RESOLUTION NO. 2024-03-03 TO TRANSFER IHOP GRANT CONTRACT FROM WILLIFORD, LLC TO URBAN RURAL CONTINUUM WHEREAS, the Town of Fraser secured an IHOP Grant to support the data collection needed to launch the Fraser River Valley Housing Partnership; WHEREAS, the current contracts exist between the Department of Local Affairs, Town of Fraser, and Williford, LLC, which subcontracted with Urban Rural Continuum; WHEREAS, there is about $16,500 in reimbursable expenses remaining in the IHOP funds, which represents approximately $22,000 in actual expenses; WHEREAS, the Fraser River Valley Housing Partnership would like to use the remaining funds for a more granular analysis of local AMI levels, which was the specialty of Urban Renewal Continuum on the Housing Needs Assessment, and agrees to reimburse any matching funds to the Town of Fraser to make the expenses budget neutral; WHEREAS, the IHOP Grant Compliance allows for the current consulting contract to be assigned to another party. NOW THEREFORE, BE IT RESOLVED by the Board of Trustees of the Town of Fraser, in the County of Grand, State of Colorado, as follows: Section 1. The Town Manager is authorized to execute the contract assignment from Williford, LLC to Urban Rural Continuum. Section 2. The Town of Fraser reauthorizes the expenses, not to exceed, $25,000 to fully utilize the grant funds. READ, PASSED ON ROLL CALL VOTE, AND ADOPTED BY THE BOARD OF TRUSTEES THIS 6th DAY OF MARCH 2024. Votes in favor: (P BOARD OF TRUSTEES F THE Votes opposed: 0 TOWN RASER,f O O O Abstained: 0 BY: _fit/ Gf Mayor Pro-Tem ATTEST: C/�Y7`i��►'�MI� \c vL Q - Town Clerk