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RESOLUTION NO. 63 SERIES 2025 A RESOLUTION REFERRING AN INITIATED ORDINANCE REGARDING RESIDENTIAL REZONING TO A VOTE OF THE REGISTERED ELECTORS OF THE CITY OF LOUISVILLE AT A REGULAR ELECTION TO BE HELD NOVEMBER 4, 2025, AND DESIGNATING THE CITY CLERK TO SET THE BALLOT TITLE WHEREAS, on September 4, 2025, the City Clerk of the City of Louisville submitted to the City Council a petition for an initiated ordinance amending Chapter 17.16 of the Louisville Municipal Code regarding a prohibition on residential rezoning in certain areas (the "Rezoning Initiative"), the text of which is set forth on Exhibit A, attached hereto and incorporated herein by reference; and WHEREAS, C.R.S. § 31-11-104 requires that if an initiated ordinance is not adopted by the legislative body within twenty days following the final determination of petition sufficiency, then the legislative body shall refer the initiated ordinance, in the form petitioned for, to the registered electors of the municipality at a regular or special election held not less than sixty days and not more than one hundred fifty days after the final determination of petition sufficiency; and WHEREAS, the Rezoning Initiative would prohibit any rezoning or land use approval to allow residential development within the Centennial Valley, Redtail Ridge, and Avista Adventist Hospital zoning districts unless the development includes at least thirty percent (30%) on -site deed -restricted affordable housing for households earning at or below eighty percent (80%) of Area Median Income (AMI); and WHEREAS, the Rezoning Initiative conflicts with Colorado law; and WHEREAS, the Rezoning Initiative undermines the balanced and reasonable approaches embodied in the City's Housing Plan and other policies concerning housing affordability; and WHEREAS, the Rezoning Initiative is inconsistent with sound land use planning principles and the public interest because it forecloses reasonable, flexible, workable, and economically viable solutions to address housing affordability; and WHEREAS, the City Council therefore finds it contrary to the interests of the City of Louisville to adopt the Rezoning Initiative; and WHEREAS, the City Council deems it appropriate to refer the Rezoning Initiative to a vote of to the City's registered electors at the regular election to be held on November 4, 2025; and Resolution No. 63, Series 2025 Page 1 of 4