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Resolution 2013-46
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Resolution 2013-46
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Last modified
3/21/2023 10:37:42 AM
Creation date
9/4/2013 8:37:39 AM
Metadata
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Template:
City Council Records
Also Known As (aka)
BAP Trelleborg Sealing Solutions US Inc
Doc Type
Resolution
Signed Date
9/3/2013
Ord/Res - Year
2013
Ord/Res - Number
46
Property Address Number
1886
Property Address Street Name
Prairie
Original Hardcopy Storage
7D6
Record Series Code
45.160
Record Series Name
Resolutions
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RES 2013-46
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RESOLUTION NO. 46 <br />SERIES 2013 <br />A RESOLUTION APPROVING A BUSINESS ASSISTANCE AGREEMENT <br />WITH TRELLEBORG SEALING SOLUTIONS US, INC. FOR <br />IMPROVEMENTS TO 1886 PRAIRIE WAY IN THE COLORADO <br />TECHNOLOGY CENTER IN THE CITY OF •LOUISVILLE <br />WHEREAS, the successful attraction and retention of high quality development <br />to the City of Louisville provides employment opportunities and increased revenue for <br />citizen services and is therefore an important public purpose; and <br />WHEREAS, it is important for the City of Louisville to retain high - quality jobs <br />and remain competitive with other local governments in creating assistance for <br />occupancy of existing space in the City; and <br />WHEREAS, Trelleborg Sealing Solutions US, Inc. intends to lease 1886 Prairie <br />Way in the Colorado Technology Center to relocate their operations; and <br />WHEREAS, the Business Assistance Agreement between the City and <br />Trelleborg Sealing Solutions US, Inc., is attached hereto as Exhibit "A" and incorporated <br />herein by this reference; and <br />WHEREAS, pursuant the Constitution of the State of Colorado, and the Home <br />Rule Charter and ordinances of the City of Louisville, the City has authority to enter into <br />the proposed Business Assistance Agreement; <br />WHEREAS, the City Council finds that the proposed Business Assistance <br />Agreement is consistent with and in furtherance of the business assistance policies of the <br />City, and desires to approve the Agreement and authorize its execution and <br />implementation; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF LOUISVILLE, COLORADO THAT: <br />1. The proposed Business Assistance Agreement between the City of Louisville <br />and Trelleborg Sealing Solutions US, Inc. (the "Agreement ") is hereby approved in <br />essentially the same form as the copy of such Agreement accompanying this Resolution. <br />2. The Mayor is hereby authorized to execute the Agreement on behalf of the <br />City Council of the City of Louisville, except that the Mayor is hereby granted the authority <br />to negotiate and approve such revisions to said Agreement as the Mayor determines are <br />necessary or desirable for the protection of the City, so long as the essential terms and <br />conditions of the Agreement are not altered. <br />3. City staff is hereby authorized to do all things necessary on behalf of the City <br />to perform the obligations of the City under the Agreement, including but not limited to <br />Resolution No. 46, Series 2013 <br />Page 1 of 3 <br />
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