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HomeMy WebLinkAbout961836.tiff RESOLUTION RE: APPROVE INTERGOVERNMENTAL AGREEMENT FOR POUDRE RIVER TRAIL SYSTEMS, WITH AMENDMENTS THROUGH JULY 1996, WITH CITY OF GREELEY, COLORADO, AND TOWN OF WINDSOR, COLORADO, AND AUTHORIZE CHAIR TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with an Intergovernmental Agreement for Poudre River Trail Systems, with amendments through July 1996, between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and the City of Greeley, Colorado, and the Town of Windsor, Colorado, with terms and conditions being as stated in said agreement, and WHEREAS, after review, the Board deems it advisable to approve said agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Intergovernmental Agreement for Poudre River Trail Systems, with amendments through July 1996, between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and the City of Greeley, Colorado, and the Town of Windsor, Colorado, be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 9th day of October, A.D., 1996. BOARD OF COUNTY COMMISSIONERS / Wat WELD COUNTY, COLORADO �f' Fxc:i isFn Barbar J. Kirkmey er Chair t^61 vs �� y Clerk to the Board C • E. Baxter, P o-T - puty Clerk . the Board Dale K. Hall APPROVED AS TO FORM: jth Lc, s Constance L. Harbert eV J County Attorne ��1 W. H. Webs er U 961836 LAC b-reeky; Windsor £&Cz BC0025 INTERGOVERNMENTAL AGREEMENT FOR POUDRE RIVER TRAIL SYSTEMS (With Amendments Through July, 1996) THIS INTERGOVERNMENTAL AGREEMENT is by and between the City of Greeley, Colorado, by and through the City Council, hereinafter referred to as "City"; the Town of Windsor, Colorado, by and through its Town Coucnil, hereinafter referred to as "Town"; and the County of Weld, State of Colorado, by and through the Board of County Commissioners of the County of Weld, hereinafter referred to as "County". WITNESSETH: WHEREAS, by Intergovernmental Agreement dated February 9, 1994, the parties hereto agreed to cooperate in order to develop a trail corridor along the Poudre River for educational, cultural, and recreational use, and WHEREAS, said Intergovernmental Agreement addressed a variety of different topics relative to the development of Poudre River trail systems, including trail route and corridor designation; trail acquisition; uniform signage, maintenance, and other improvements of each trail or designated route; and the creation of a non-profit corporation created pursuant to the Colorado Non-Profit Corporation Act and meeting the requirements of Rule 501(c)(3) of the Internal Revenue Code. Such corporation shall have a Board of Directors hereinafter referred to as "Corridor Board", and WHEREAS, Corridor Board has been meeting and has discussed various topics covered in said Intergovernmental Agreement, and WHEREAS, Corridor Board now advises the parties hereto that a more in-depth intergovernmental agreement is necessary for the Poudre River trail systems. NOW THEREFORE, in consideration of the mutual promises and covenants contains herein, City, Town, and County agree as follows: 1 . TERM: This Intergovernmental Agreement shall be effective on its adoption and signing by the designated representatives of City, Town, and County and shall continue thereafter for a period of one year, to be renewed automatically for successive one-year periods, unless the same is sooner terminated by any party hereto, pursuant to the termination provisions set forth in paragraph 10, below. Page 1 of 5 Pages 961836 2. CREATION OF POUDRE RIVER TRAIL CORRIDOR: Upon the advice of Corridor Board, the parties hereto collectively designate a trail corridor along the Poudre River in Weld County, Colorado, to be hereinafter referred to as the "Poudre River Trail." The parties find that it is in the best interests of the health, safety, and welfare of their citizens and the general public to develop said Poudre River Trail for educational, cultural, and recreational use and that the alternative transportation systems facilitated by said Poudre River Trail will promote improved air quality, health, and environmental awareness and fitness. 3. TRAIL ROUTE AND CORRIDOR ACQUISITION: City, Town, and County agree that they shall acquire, individually and in cooperation with each other, upon the advice of and with the assistance of Corridor Board, the appropriate fee interests, rights-of-way, easements, accesses, or donations for the designated routes of Poudre River Trial lying within their respective political boundaries, using only such funds or resources from the parties to this Agreement or from donations or gifts as are made available and as are designated for such purpose. Funds shall be accepted and disbursed by the Corridor Board. The corporation shall accept donations, gifts, devises, or other transfers of the funds to be used to pay for the Poudre River Trail or any expenses associated therewith (to be hereinafter known collectively as "Poudre River Trail Funds"). Each party to this Agreement shall be responsible for any necessary legal expenses incurred in the course of Poudre River Trail acquisition. No party hereto shall be required, by virtue of its entering into this Agreement, to fund any portion of the Poudre River Trail from general fund monies or from monies from any source other than the Poudre River Trail Funds mentioned above. City, Town, and County hereby authorize and expressly delegate to Corridor Board the responsibility of controlling the disbursement of all monies in the Poudre River Trail Funds, which monies shall be disbursed only upon a majority vote of the Corridor Board (County held fund) or pursuant to the instruction of the Corridor Board (community foundation serving Northern Colorado fund). 4. IMPROVEMENTS TO ACQUIRED PORTIONS OF POUDRE RIVER TRAIL: City, Town, and County shall each be responsible for construction of an improvements to the portions of the Poudre River Trail lying within their respective jurisdictions. All such improvements to acquired portions of the Trail shall be upon separate agreement of the parties. Page 2 of 5 Pages 961836 5. MAINTENANCE AND SIGNAGE: City, Town, and County shall each be responsible for the maintenance and signage of the portions of the Poudre River Trail lying within their respective jurisdictions. Signage shall be uniform and shall be designated by separate agreement. 6. LAW ENFORCEMENT: The law enforcement agencies of City, Town, and County shall be responsible for law enforcement on those portions of the Poudre River Trail which lie within their respective jurisdictions. To the extent possible, the law enforcement agencies from each jurisdiction shall coordinate such law enforcement activities. 7. POUDRE RIVER TRAIL CORRIDOR BOARD: The Poudre River Trail Corridor Board as established by this Intergovernmental Agreement shall continue in its present form to advise City, Town, and County on routes, land acquisition, expenditures, and other associated requirements of the Poudre River Trail and as outlined within this Intergovernmental Agreement. Appointments to the Corridor Board shall be made as follows: A. City, Town, and County shall each appoint three members. B. Appointments shall be for three years, except the initial appointments where City, Town, and County shall appoint one one-year term member, one two-year term member and one three- year term member. C. The Corridor Board shall adopt such internal rules as it deems necessary and shall set priorities and budgets to be recommended to City, Town,a nd County in matters of routes, land acquisition, improvements, maintenance, and any other matters it deems appropriate regarding the Poudre River Trail and as set forth within this Intergovernmental Agreement. D. The members of their respective terms as already established pursuant to the Intergovernmental agreement between the parties hereto dated February 9, 1994 shall continue as already designated. Page 3 of 5 Pages 961836 8. ENTIRE AGREEMENT: This Intergovernmental Agreement contains the complete and entire agreement between the parties and supersedes any prior oral or written agreements concerning the Poudre River Trail, including, but not limited to, the parties' Intergovernmental Agreement dated February 9, 1994; but excepting those separate agreements referred to herein to be completed and executed at later dates. 9. MODIFICATIONS: This Intergovernmental Agreement may not be modified, discharged, or changed in any respect whatsoever, except by further agreement in writing duly executed by the parties hereto. 10. TERMINATION: This Intergovernmental Agreement may be terminated by any party hereto within 90 days written notice to the other parties. In the event of such termination, those portions of the Poudre River Trail, including improvements and signs on such portions, located within the city, town, or county shall remain under the ownership and control of such jurisdiction, and all monies being maintained in the Poudre River Trail Funds shall be split evenly among the parties hereto, unless such monies are otherwise specifically designated upon devise or donation for use for the Poudre River Trail as it lies within one or more of the three jurisdictions. DATED this day of , 1996. ATTEST: CITY OF G LEY, COLORADO By: • City Clerk U" Lavern C. Nelson, Mayor APPROVED AS TO LEGAL FORM• 40., APPROVED AS TO SUBSTANCE: SIP By: By: City Attorney City Manager AS TO AVA BILITY OF FUNDS: V By: Director of Finance Page 4 of 5 Pages 961836 DATED this i7 day of OCTd F/( , 1996. ATTEST: / CITY OF GREELEY, COLORADO City CI k ljj�44"` avern C. Nelson, Mayor APPROVED AS TO LEGAL FORM: APPROVED AS TO SUBSTANCE: BY: ! , J I BY: 4t fi u i City Attorney City Manager AS TO AVAILABILITY OF FUNDS: BY: Director of Fi 'a ice ATTEST: TOWN OF WINDSOR, COLORADO BY: , BY: !� /.1716,_ Town Clerk Wayne Mil l"er , Mayor APPROVE TO EGAL FORM: APPROVED AS TO SUBSTANCE: /! BY f • �G BY: Idip-ig Tbwn Att rney Town Manager AS TO AVAILABILITY OF FUNDS: BY: Director of Finance Page 5 of 6 Pages 961836 EL ST L' ' ST: /O(4( SI COUNTY OF WELD, STATE OF COLORADO, BY AND THROUGH THE BOARD OF COUNTY COMMISSIONERS 'w' ► 0 THE BOARD OF THE COUNTY OF WELD __ ► "Deputy C! k to the Board £eorge 'E. Baxter, Chair Pro-Tern10/09/96 S:\SHARED\CA\AGREEMENTS\POUDR ETRL.IA A:\POUDRETR.AMD Page 6 of 6 Pages 961836 CITY OF GREELEY, COLORADO RESOLUTION NO. 29 , 1996 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GREELEY, COLORADO ENDORSING FORMATION OF NON-PROFIT CORPORATION FOR THE POUDRE RIVER FRAIL CORRIDOR,INC.AND AMENDING THE INTERGOVERNMENTAL AGREEMENT DATED FEBRUARY 15, 1994 TO REFLECT SAID CHANGE. WHEREAS, the City Council of the City of Greeley, Colorado, initially entered into an Intergovernmental Agreement on February 15, 1994, done by Resolution No. 8, 1994, with the County of Weld and the Town of Windsor for the development of the Poudre River Trail Corridor and which has subsequently been amended by Resolution 81, 1994 and Resolution 88, 1995; and WHEREAS, the Intergovernmental Agreement between those governments created an Advisory Board with appointments to the Board being made by each of the governmental entities; and WHEREAS, the Advisory Board has made numerous accomplishments, including but not limited to, creating a Master Plan, which has been accepted and approved by each of its sponsoring governmental entities, developing and implementing strategies for fund-raising and land acquisition, and opening over two miles of trail; and WHEREAS, the Advisory Board, in order to more efficiently accomplish the goals of the Master Plan of the Poudre River Trail Corridor, needs to amend the terms of the Intergovernmental Agreement to allow the formation of a Colorado non-profit corporation organized to meet the requirements of § 501(c)(3) of the Internal Revenue Code (a copy of the Articles of Incorporation are attached hereto); and WHEREAS, said Advisory Board will become a corporation with the City of Greeley, County of Weld, and Town of Windsor each retaining the power to appoint three initial directors and provide subsequent candidates for replacement appointment to the Board to represent their respective government entities; and WHEREAS, the development of the non-profit corporation will enhance the ability of this group to meet the goals set out by the Poudre River Trail Corridor Board. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF GREELEY, COLORADO RESOLVES AS FOLLOWS: 1. The City Council hereby resolves to support the formation of a non-profit corporation to be known as the Poudre River Trail Corridor, Inc., and fully endorses the objectives of the s:\shared\ca\resoluti\poudre.cor 961836 Poudre River Trail Corridor, Inc., and to that end will cooperate in any reasonable fashion, including but not limited to, continuing to contribute City staff and City resources to aid the Poudre River Trail Corridor, Inc., in meeting the goals set out by its Board members. 2. The City Council hereby resolves to amend the Intergovernmental Agreement initially entered into on February 15, 1994, done by Resolution No. 8, 1994 with the County of Weld and Town of Windsor for the development of the Poudre River Trail Corridor. 3. This Resolution shall become effective immediately following its passage. PASSED AND ADOPTED, SIGNED AND APPROVED this 6th day of August , 1996. ATTEST: THE CITY OF GREELEY, COLORADO %/a .,, A .3/JM i City Clrk Mayor s:\shared\ca\resoluti\poudre.cor 961836 a TO: Board of County Commissioners FROM: Eric Lord, Assistant Weld County Attorney iliac DATE: October 8, 1996 RE: Amendments to the Intergovernmental Agreement for COLORADO Poudre River Trail Systems The City of Greeley, Town of Windsor, and County of Weld entered into an Intergovernmental Agreement in 1994 for development of the Poudre River Trail Corridor. In the Agreement, these entities agreed to cooperate in assisting in the development of the Poudre River trail system for educational, cultural, and recreational purposes. Issues pertaining to acquisition of land, monetary donations, trail design, signs, and maintenance are addressed in the Agreement. The Agreement also created an Advisory Board which developed a master plan for the acquisition of land and funds to be used for the Poudre River Trail. On August 6, 1996, the City of Greeley passed a resolution which amended the Intergovernmental Agreement. The main thrust of the amendments is to allow the formation of a Colorado nonprofit corporation which would be organized under the Colorado Nonprofit Corporation Act and in compliance with Section 501(c)(3) of the Internal Revenue Code. A corporation organized in compliance with Section 501(c)(3) is exempt from taxation. (I have available for the Commissioners' review the relevant portions of this Section.) The Resolution which endorses the amendments asserts that the creation of a nonprofit corporation will enhance the ability of the Advisory Board to meet the goals of the Poudre River Trail Corridor Board. The amendments are summarized as follows: 1. A nonprofit corporation will be set up pursuant to the Colorado Nonprofit Corporation Act, and will meet the requirements of Section 501(c)(3) of the Internal Revenue Code. The corporation will have a board of directors referred to as the "Corridor Board." Prior to the amendment,the Agreement merely called for the creation of an advisory board; there was no nonprofit corporation to be formed, and tax exempt status was not sought. 2. The Corridor Board is authorized to accept funds from the parties to the agreement and to accept funds received in the form of gifts, donations, devises, or other transfers. The Corridor Board will also have the responsibility and authority to control the disbursement of all such funds. Disbursal of the funds may be done, in the case of the County Held Fund, upon a majority vote of the Corridor Board, or, in the case of a Community Foundation Serving Northern Colorado Fund, pursuant to the instruction of the Corridor Board. Prior to the amendments, funds 961836 Board of County Commissioners October 8, 1996 Amendments to Intergovernmental Agreement were to be set up through the County and through the Community Foundation Serving Northern Colorado, and these funds were to accept donations, gifts and other transfers for the Poudre River Trail. Also, the County was to be responsible for administering the County fund, and each party to the Agreement had discretion to spend monies on the Trail which were received by that entity from grants or any other source. In summary, discretion for disbursal of funds now lies with the Corridor Board; the parties to the Agreement no longer have such discretion. 3. The City, Town, and County shall each appoint three members to the Corridor Board. The appointments shall run for three years, except the initial appointments. In the initial appointments, the City, Town, and County shall each appoint one member for one year, one member for two years, and one member for three years. I have spoken with Tom Grant of the City Attorney's Office, and he indicated that the application for approval under Section 501(c)(3) is in process and is expected within approximately 60 days. Also, at this point it is envisioned that, while each party shall be responsible for maintenance of those portions of trail in each party's jurisdiction, the Corridor Board expects to help defray the costs of maintenance. However, it appears the details remain to be worked out. I recommend that the Board of County Commissioners approve the amendments and authorize the Chair to sign the necessary documents. (�i C Zarb- Eric Lord Assistant Weld County Attorney pc: Bruce Barker Monica Daniels-Mika 564 nnn _:L? MEMORANDUM ,itS a 4' I • TO: TOWN OF WINDSOR October 17, 1996 WIIDcFROM: WELD COUNTY CLERK TO THE BOARD/LIN COLORADO SUBJECT: IGA FOR POUDRE RIVER TRAIL SYSTEMS Enclosed please find 3 original agreements. Please return a fully executed original to both Weld County Clerk to the Board and The City of Greeley. Thanks - if you have any questions, please call 356-4000, ext. 4225. 96113.? INTERGOVERNMENTAL AGREEMENT FOR POUDRE RIVER TRAIL SYSTEMS (With Amendments Through July, 1996) This Intergovernmental Agreement is by and between the City of Greeley, Colorado, by and through the City Council, hereinafter referred to as "City"; the Town of Windsor, Colorado, by and through its Town Coucnil, hereinafter referred to as "Town"; and the County of Weld, State of Colorado, by and through the Board of County Commissioners of the County of Weld, hereinafter referred to as "County". WITNESSETH: WHEREAS, by Intergovernmental Agreement dated February 9, 1994, the parties hereto agreed to cooperate in order to develop a trail corridor along the Poudre River for educational, cultural, and recreational use, and WHEREAS, said Intergovernmental Agreement addressed a variety of different topics relative to the development of Poudre River trail systems, including trail route and corridor designation; trail acquisition; uniform signage, maintenance, and other improvements of each trail or designated route; and the creation of an advisory board (the "Poudre River Trail Corridor Board", hereinafter referred to os "Corridor Board") rvxad:�S'Ri".S:S..`v;:ex>R;Ya:::::3:X2d;'x):i:.:'..;SS5.:F`::9.:;yYa:...k�"�' xbS'.C' w:#":G.�'. %R'�6�.....':e:�X.k. '..;M..R:... .. k HYdQk'3Y'Y 3 qla of leedi r tier l Bates u s a .410,1 r� eWaste r e atr pct yy��$ m3v�d.�"`E a8k v wyy �}veoZ.�, azk,'��<,�' `'�` pp �@!,y ,� iy t' i� l �x k3 +� r� 8 • � With 141$1.1rh mx sn 3 <`m Syr c� a SyfA'$ .m 3 v , o3S , r Qrprrrat atAll h t?Fa` oardt�MICOOt wr" ifie Os y But? ve ttate and max .,_ WHEREAS, Corridor Board has been meeting and has discussed various topics covered in said Intergovernmental Agreement, and WHEREAS, Corridor Board now advises the parties hereto that a more in-depth intergovernmental agreement is necessary for the Poudre River trail systems. NOW THEREFORE, in consideration of the mutual promises and covenants contains herein, City, Town, and County agree as follows: 1 . TERM: This Intergovernmental Agreement shall be effective on its adoption and signing by the designated representatives of City, Town, and County and shall continue thereafter for a period of one year, to be renewed automatically for successive one-year periods, unless the same is sooner terminated by any party hereto, pursuant to the termination provisions set forth in paragraph 10, below. Page 1 of 6 Pages 961836 2. CREATION OF POUDRE RIVER TRAIL CORRIDOR: Upon the advice of Corridor Board, the parties hereto collectively designate a trail corridor along the Poudre River in Weld County, Colorado, to be hereinafter referred to as the "Poudre River Trail." The parties find that it is in the best interests of the health, safety, and welfare of their citizens and the general public to develop said Poudre River Trail for educational, cultural, and recreational use and that the alternative transportation systems facilitated by said Poudre River Trail will promote improved air quality, health, and environmental awareness and fitness. 3. TRAIL ROUTE AND CORRIDOR ACQUISITION: City, Town, and County agree that they shall acquire, individually and in cooperation with each other, upon the advice of and with the assistance of Corridor Board, the appropriate fee interests, rights-of-way, easements, accesses, or donations for the designated routes of Poudre River Trial lying within their respective political boundaries, using only such funds or resources from the parties to this Agreement or from donations or gifts as are made available and as are designated for such purpose. Funds shall be set -up through County and through the Community Foundation Serving Northern Colorado specifically for the mr.,r.n za a�^a �mx«' a-a r ,na .u^' n purpose of det;epted 4ltfatiilf ed by The' ;gtkr�'tdor.'Boa` „^ it t;Qrtibftflva ti accepting donations, gifts, devises, or other transfers of the funds to be used to pay for the Poudre River Trail or any expenses associated therewith Ito be hereinafter known collectively as "Poudre River Trail Funds"). Each party to this Agreement shall be responsible for any necessary legal expenses incurred in the course of Poudre River Trail acquisition. No party hereto shall be required, by virtue of its entering into this Agreement, to fund any portion of the Poudre River Trail from general fund monies or from monies from any source other than the Poudre River Trail Funds mentioned above. `OSti WN.ANl COUNTY HER `B' : ORAFI ND TEXP R SSL Y DELEGA 5 n �»w3 .hu �i4¢afcary�, ¢ g%. rx xb, »,yy `��r raY a, 8w � .S CORRIDORn :44,404$07t RESPONSIBILITY "i�?F COfilitaLIN aO `'HE P.. s2s a:* a.. w.y exam ...Ys aa�n .: wogs, lITO, LMQMO Funds in the Poudre River Trail Funds keA..�r.:^.,c>sk. � ;js.:::r.�x«a.:o:oi�6: ,x....,.;,.,.v, , ricH pro shall be disbursed only upon the : majority vote of the Corridor Bard (C nmytiELD 'fWa4OR 7`RSSUAN NMO. 1, INSTRUCTION#`FTHECQRRIDOR 7; ARD,(Cekikt/Jif/TY°FQ NDATIQlf SERVINGNORTHERN OLORADO, UND) County shall be responsible for all necessary administrative duties associated with the Poudre River Trail Fund kept by the County. Notwithstanding any language in this paragraph to the contrary, each party hereto shall have the option, under its sole discretion, to spend monies upon the Poudre River Trail received by its from grants or from any other source: Page 2 of 6 Pages 961836 4. IMPROVEMENTS TO ACQUIRED PORTIONS OF POUDRE RIVER TRAIL: City, Town, and County shall each be responsible for construction of an improvements to the portions of the Poudre River Trail lying within their respective jurisdictions. All such improvements to acquired portions of the Trail shall be upon separate agreement of the parties. 5. MAINTENANCE AND SIGNAGE: City, Town, and County shall each be responsible for the maintenance and signage of the portions of the Poudre River Trail lying within their respective jurisdictions. Signage shall be uniform and shall be designated by separate agreement. 6. LAW ENFORCEMENT: The law enforcement agencies of City, Town, and County shall be responsible for law enforcement on those portions of the Poudre River Trail which lie within their respective jurisdictions. To the extent possible, the law enforcement agencies from each jurisdiction shall coordinate such law enforcement activities. 7. POUDRE RIVER TRAIL CORRIDOR BOARD: The Poudre River Trail Corridor Board as established by the Intergovernmental Agreement between the parties hereto dated February 0, 1991 t€}8r 0W:W J r t shall continue in its present form to advise City, Town, and County on routes, land acquisition, expenditures,and other associated requirements of the Poudre River Trail and as outlined within this Intergovernmental Agreement. Appointments .ii, to the Corridor Board shall continue k�°fYl;�d,8 as follows: A. City, Town, and County shall each appoint two ORO members. These appointees shall elect a seventh member to the Corridor Board. B. Appointments shall be for twe Wee years, except the initial appointments where City, Town, and County shall appoint one one-year term member end one two-year term member anti one hree-year term the Corridor Board appointed member chall be for a term of two years. Page 3 of 6 Pages 961836 C. The Corridor Board shall adopt such internal rules as it deems necessary and shall set priorities and budgets to be recommended to City, Town,a nd County in matters of routes, land acquisition, improvements, maintenance, and any other matters it deems appropriate regarding the Poudre River Trail and as set forth within this Intergovernmental Agreement. D. The members of their respective terms as already established pursuant to the Intergovernmental agreement between the parties hereto dated February 9, 1994 shall continue as already designated. 8. ENTIRE AGREEMENT: This Intergovernmental Agreement contains the complete and entire agreement between the parties and supersedes any prior oral or written agreements concerning the Poudre River Trail, including, but not limited to, the parties' Intergovernmental Agreement dated February 9, 1994; but excepting those separate agreements referred to herein to be completed and executed at later dates. 9. MODIFICATIONS: This Intergovernmental Agreement may not be modified, discharged, or changed in any respect whatsoever, except by further agreement in writing duly executed by the parties hereto. 10. TERMINATION: This Intergovernmental Agreement may be terminated by any party hereto within 90 days written notice to the other parties. In the event of such termination, those portions of the Poudre River Trail, including improvements and signs on such portions, located within the city, town, or county shall remain under the ownership and control of such jurisdiction, and all monies being maintained in the Poudre River Trail Funds shall be split evenly among the parties hereto, unless such monies are otherwise specifically designated upon devise or donation for use for the Poudre River Trail as it lies within one or more of the three jurisdictions. Page 4 of 6 Pages 961836 Hello