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RESOLUTION NO. 56 <br />SERIES 2013 <br />A RESOLUTION APPROVING AN AMENDED AND RESTATED BUSINESS <br />ASSISTANCE AGREEMENT WITH CABLE TELEVISION LABORATORIES, <br />INC. FOR THE CONSTRUCTION OF A NEW BUILDING OR MODIFICATION <br />OF THEIR EXISTING LOCATION IN THE CITY OF LOUISVILLE <br />WHEREAS, <br /> 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, <br /> 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 commercial space in the City; and <br />WHEREAS, <br />Cable Television Laboratories, Inc. plans to construct a new <br />building to relocate or make modifications to their existing facility at 858 Coal Creek <br />Circle and expand their Louisville operations; and <br /> WHEREAS, an agreement was entered into between the Parties on September 17, <br />2013, and both parties wish to amend the agreement to allow for the modification of their <br />existing location be eligible for the assistance stated in the agreement; and <br />WHEREAS, <br /> the Amended and Restated Business Assistance Agreement between <br />the City and Cable Television Laboratories, Inc., is attached hereto as Exhibit "A" and <br />incorporated herein by this reference; and <br />WHEREAS, <br />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, <br />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 Amended and Restated Business Assistance Agreement <br />between the City of Louisville and Cable Television Laboratories, Inc. (the “Agreement”) <br />is hereby approved in essentially the same form as the copy of such Agreement <br />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 />Resolution No. 56, Series 2013 <br />13 <br />Page of <br />70 <br />