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RESOLUTION NO. 64 SERIES 2025 A RESOLUTION REFERRING AN INITIATED ORDINANCE REGARDING IMPACT FEES 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 3.18 of the Louisville Municipal Code regarding impact fees imposed on impact -generating development in the City (the "Impact Fee Initiative"), the text of which initiated ordinance 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, following a protest hearing, the petition was determined sufficient on September 2, 2025; and WHEREAS, the City Council recognizes the importance of adequately funding public capital facilities to address impacts of new development but firmly believes that the Impact Fee Initiative's inflexible mandates and unnecessary bureaucratic burdens would unreasonably interfere with and potentially duplicate City processes and deter development projects that align with the City's goals; and WHEREAS, the City Council deems it appropriate to refer the Impact Fee Initiative to a vote of the City's registered electors at the regular election to be held on November 4, 2025; and WHEREAS, Section 1.16.045 of the Louisville Municipal Code provides the ballot title for an initiated measure shall be fixed by the City Council or its designee and Section 7-4(c) of the Louisville Home Rule Charter provides the City Clerk shall hold at least one (1) public hearing prior to setting the ballot title for the initiated ordinance, and shall take into consideration any comments received at the public hearing in setting the ballot title. Resolution No. 64, Series 2025 Page 1 of 10