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HomeMy WebLinkAboutRESOLUTION 29-20RESOLUTION29-20RATIFYINGAFIRSTAMENDMENTTOTHESERVICESCONTRACTBETWEENTHETOWN,THEESTESPARKECONOMICDEVELOPMENTCORPORATION,ANDTHEESTESCHAMBEROFCOMMERCEFORCOMMUNITYBUSINESSASSISTANCEWHEREAS,theTownpreviouslyawarded$150,000totheEstesParkEconomicDevelopmentCorporationandtheEstesChamberofCommercefordistributionoflocalbusinessassistanceinresponsetotheeconomicimpactsofCOVID-19;andWHEREAS,theTownBoardofTrusteeshasappropriatedandallocatedanother$150,000forthispurpose;andWHEREAS,theTownAdministratorhasexecutedEmergencyOrder07-20,authorizinganamendmenttotheservicescontractwiththeseorganizationstoincorporatetheseadditionalawardfunds;andWHEREAS,theTownAdministratorhasenteredtheTownintosuchaservicescontractamendment;andWHEREAS,undersection2.28.030(b)(16)oftheEstesParkMunicipalCode,thecontractamendmentissubjecttoratificationbytheBoardofTrustees.NOW,THEREFORE,BEITRESOLVEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK,COLORADO:Section1:Thecontractamendmentreferencedinthetitleofthisresolutionisherebyratified.Section2:TheBoardfindsthattheuseofthefundsdisbursedunderthiscontractamendmentwillassistlocalbusinesses,includingbyhelpingretainemployees.TheBoardfindsthatthisisforthepublicpurposeofprotectingtheeconomicandsocialvitalityoftheTownby(1)supportingemploymentforresidentsoftheTown,allowingemployeestocontinuetolivelocally,andultimatelytocontinuetocontributetotheTown’staxbase;and(2)supportingbusinessesintheTownthathavebeendisadvantagedbytheCOVIDpandemic,andsupportinglocalbusinesses’abilitytostayinbusinessandcontributetothediversityofcommerceintheTownandtotheTown’staxbase.TheBoardfindsthatthecontractamendment’spublicpurposesarebothsignificantandsubstantial,andjustifytheexpenditureofthepublicfunds.TheBoardfindsthatthesupportofbusinessesbothinsideandintheimmediatevicinityoftheTowncontributestothepublicpurposesdescribedabove,thattheeconomyoftheentireEstesValleyisinextricablyinterconnected,andthatsupportingtheeconomyoftheEstesValleyisintegraltosupportingtheeconomicandsocialvitalityoftheTown.TheBoardalsofindsthattheTownwillreceiveadequateconsiderationforitsfinancialcontributionunderthecontractamendmentintheformofthesignificantandsubstantialpublicbenefitsdescribedabove. DATEDthisZ--°dayof2020.ATTEST:ITOWNOFESTESPARKTnClerkAPPROVEDASTOFORM:%-MayorTownAttorney