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RESOLUTION 17 SERIES 2011 A RESOLUTION APPROVING AN AMENDED AND RESTATED COOPERATION AGREEMENT BETWEEN THE CITY OF LOUISVILLE AND THE LOUISVILLE REVITALIZATION COMMISSION WHEREAS, the City of Louisville (the City) is a home -rule city and municipal corporation duly organized and existing under and pursuant to Article XX of the Colorado Constitution and Charter of the City; and WHEREAS, the Louisville Revitalization Commission (the LRC) is a public body corporate and politic authorized to transact business and exercise its powers as an urban renewal authority under and pursuant to the Colorado Urban Renewal Law, Part 1, of Article 25 of Title 31, C.R.S. (the Act); and WHEREAS, the Act and Section 18, Article XIV of the Colorado Constitution authorize the City and the LRC to enter into cooperation agreements, and the Act specifically authorizes the City and the LRC to enter into agreements respecting action to be taken pursuant to any of the powers set forth in the Act; and WHEREAS, the City and the LRC entered into a Cooperative Agreement on December 5, 2006; and WHEREAS, the LRC approved an Amended and Restated Cooperation Agreement at a public T heting on January 10, 2011. !NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE, COLORADO: Section 1. The proposed an Amended and Restated Cooperation Agreement between the City of Louisville and the Louisville Revitalization Commission, a copy of which is attached hereto and incorporated herein by reference, is hereby approved. The Mayor is hereby authorized to execute the attached version of the Amended and Restated Cooperation Agreement on behalf of the City Council of the City of Louisville. PASSED AND ADOPTED this 5 day of April, 2011. ®,9 6 411 Ch.r. Mayor oaa e II x..�.J 'ancy Varra, 1 ity Clerk Resolution No. 17, Series 2011 Page 1 of 1