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DocuSign Envelope ID:37B73A8E-F433-43BC-ACFE-82C2576FEA69 <br /> ACHRA Contract# C0009107 <br /> Addendum# 19 <br /> VOLUNTARY COST SHARING AGREEMENT <br /> FOR ANOKA COUNTY ECONOMIC DEVELOPMENT <br /> (CALENDAR YEAR 2022) <br /> THIS AGREEMENT is made between the County of Anoka, a political subdivision of the State <br /> of Minnesota ("County"), and the undersigned participating municipality ("City"), a municipal <br /> corporation organized under the laws of the State of Minnesota. <br /> WITNESSETH <br /> WHEREAS,the County and the City, along with other community partners, entered into <br /> a Memorandum of Agreement("MOU") on January 1, 2019,to set goals, create an action plan, <br /> and implement shared objectives in promoting economic development within Anoka County; <br /> WHEREAS,the MOU addresses the need for cost sharing between the County and <br /> municipalities of Anoka County to support continued services for website services, social media <br /> support, marketing assistance, and future services related to the county-wide economic <br /> development initiative; <br /> WHEREAS, an annual budget for the above activities was developed, including a <br /> formula for each participating municipality to provide proportional cost sharing based upon its <br /> population; <br /> NOW, THEREFORE,the parties understand and mutually agree as follows: <br /> 1. The budget for services related to website services, social media, marketing, and <br /> other supportive activities required for economic development, is currently set at <br /> $20,750.00 for calendar year 2022. <br /> 2. For 2022,the City agrees to contribute the sum of$0.057 per individual resident <br /> within its city limits, as a voluntary contribution to the economic development <br /> costs described above. For purposes of this calculation,population size of a City <br /> is based upon the Metropolitan Council's most recent population estimate. <br /> 3. The City shall provide such payment annually,by the end of the first quarter in <br /> each calendar year, beginning in 2022. <br /> 4. Each calendar year,the County will provide an annual budget and proposed <br /> formula for the City's use in calculating its contributions under this Agreement. <br /> 5. The City may opt out or cancel this Agreement by providing 30 days' written <br /> notice to the County Administrator: Rhonda Sivarajah,2100 Third Avenue, Ste. <br /> 700, Anoka,MN 55303. <br /> 1 <br />