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RESOLUTION NO. 68, <br /> SERIES 2012 <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, the Louisville Revitalization Commission is charged with <br /> stimulating growth and reinvestment within the Area boundaries, on surrounding <br /> blocks and throughout downtown, and addressing issues contributing to blight <br /> within the Urban Renewal Area; and <br /> WHEREAS, property within the Urban Renewal Area has poor pedestrian <br /> and bicycle access to the downtown area; and <br /> WHEREAS, providing the South Street Gateway Project will help to <br /> encourage redevelopment in the Urban Renewal Area and increase safety; and <br /> WHEREAS, the City of Louisville is willing to construct the Project, and the <br /> Louisville Revitalization Commission is willing to assist in its funding; <br /> NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF <br /> COMMISSIONERS OF THE LOUISVILLE REVITALIZATION COMMISSION: <br /> Section 1. The Cooperation Agreement for Highway 42 Revitalization <br /> Area Gateway Project Funding is hereby approved. <br /> Section 2. The Mayor is hereby approved to sign the Cooperation <br /> Agreement. <br /> . s; -�r ,SED AND ADOPTED this 5th day of November, 2012. <br /> ji r, <br /> , SEAL • <br /> , , P4,4- g 4 Robert P. Muck e, ayor <br /> 1. ATTES <br /> L L.I ' _ I 1u <br /> Nancy Varr• City Clerk <br />