Resolution 1975-11 - Laserfiche WebLink

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CITY OF LOUISVILLE RESOLUT]:ON N0. 11, SERIES OF 1975 WHEREAS the City of Louisville, Colorado (hereinafter called public body) desires to obt:airs financial assistance from the Farmers Home Administration, United States Department of Agriculture, pursuant to Section 310 B of the Cor~so1idated Farm and Rural Development Act, for the purpose of providing for the paving of parking lots owned by the City in the downtown area as a part of a rehabilitation project (herein referred to as the facility) and as a condition to and in con- sideration of receiving financial assistance from the Farmers Home Administration this resolution is being adopted. Therefore, in consideration of the premises the public body agrees as follows: 1. No private business enterprises shall be allowed to use or occupy the facilities if such use or occupancy would be cal- culated to or is likely to result in the transfer from one area to another of any employment or business activity pro- prived by operations of the private business enterprises but this limitation shall not be construed to prohibit use and enjoyment of the facility by such private business enterprises in the case of an expansion of existing business entity through the establishment of a new branch, affiliate, or subsidiary if the establishment of such branch, affiliate, or subsidiary will not result in the increase in unemployment in the area of ori- ginal location or in any other area where such entity conducts branch, affiliate, or subsidiary is being established with the intention of closing down the operations of the existing busi- ness entity in the area of its original location or in any other area where it conducts such operations. 2. No private business enterprises shall be allowed to use or occupy the facilities if such use or occupancy would be cal- culated to or is likely to result in an increase in the pro- duction of goods, materials, or commodities, or the avail- ability of services or facilities in the area, where there is not sufficient demand for such goods, materials, commodities, services, or facilities, to employ the efficient capacity of existing competitive commercial or industrial enterprises unless such financial or other assistance will not have an adverse affect upon existing competitive enterprises in the area.