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• Rehabilitation Grant Program Agreement and authorize its execution; <br />• <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF LOUISVILLE, COLORADO: <br />Section 1. The proposed Rehabilitation Grant Program Agreement Between the City <br />of Louisville and Amterre Property Group, LLC, setting forth terms for assistance from the City <br />and developer obligations regarding a project for purchase, stabilization, rehabilitation and <br />redevelopment of the Historic Grain Elevator structure property (the "Grant Agreement "), is <br />hereby approved in essentially the same form as the copy of such Grant Agreement <br />accompanying this Resolution. <br />Section 2. The Mayor is authorized to execute the Grant Agreement on the behalf of <br />the City, except that the Mayor is hereby granted the authority to negotiate and approve such <br />revisions to said Grant Agreement as the Mayor and City Manager determine are necessary or <br />desirable for the protection of the City, so long as the essential terms and conditions of the Grant <br />Agreement are not altered. <br />Section 3. The Mayor, City Clerk, City Manager and City Staff are further authorized <br />to do all things necessary on behalf of the City to perform the obligations of the City under the <br />Grant Agreement, and are further authorized to execute and deliver any and all documents <br />necessary to implement the terms and conditions of said Grant Agreement, including but not <br />limited to execution and delivery of the conservation easement provided for in said Agreement and <br />any other title or closing documents required in connection with any real estate transaction <br />necessary to implement said Agreement. <br />ED AND ADOPTED this / — day of <br />ancy Varra, ity Clerk <br />, 2012. <br />ki' <br />Robert P. Muckle, Mayor <br />Resolution No. 48, Series 2012 <br />Page 2 of 2 <br />