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LOUISVILLE REVITALIZATION COMMISSION <br />RESOLUTION NO. 12-01 <br />A RESOLUTION APPROVING A COOPERATION AGREEMENT WITH THE <br />CITY OF LOUISVILLE FOR THE HIGHWAY 42 REVITALIZATION AREA <br />GATEWAY PROJECT FUNDING <br />WHEREAS <br />, the Louisville Revitalization Commissionis charged with <br />addressing issues contributing to blight within the Urban Renewal Area; and <br />WHEREAS <br />,property within the Urban Renewal Area has poor pedestrian and <br />bicycle access to the downtown area; and <br />WHEREAS <br />,providing an underpass will help to encourage redevelopment in the <br />Urban Renewal Area and increase safety; and <br />WHEREAS <br />,the City of Louisville is willing to construct the underpass, and the <br />Louisville Revitalization Commission is willing to assist in its funding; <br />NOW, THEREFORE, BE IT RESOLVED BYTHE BOARD OF <br />COMMISSIONERS OF THE LOUISVILLE REVITALIZATION COMMISSION: <br />Section 1. <br />The Cooperation Agreement for Highway 42 Revitalization Area <br />Gateway Project Funding is hereby approved. <br />Section 2. <br />The Chair of the Louisville Revitalization Commissionis hereby <br />approved to sign the Cooperation Agreement. <br /> <br />ADOPTED <br />this 8thday of October, 2012. <br /> ______________________________ <br />ATTEST: Chair <br />______________________________ <br />Secretary <br />5 <br /> <br />