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LOUISVILLE REVITALIZATION COMMISSION <br />RESOLUTION NO. 14-04 <br />A RESOLUTION APPROVING A SECOND AMENDMENT TO THE <br />COOPERATION AGREEMENT WITH THE CITY OF LOUISVILLE FOR THE <br />HIGHWAY 42 REVITALIZATION AREA GATEWAY PROJECT FUNDING <br />WHEREAS, the Louisville Revitalization Commission is charged with <br />addressing issues contributing to blight within the Urban Renewal Area; and <br />WHEREAS, property within the Urban Renewal Area has poor pedestrian and <br />bicycle access to the downtown area; and <br />WHEREAS, providing an underpass will help to encourage redevelopment in the <br />Urban Renewal Area and increase safety; and <br />WHEREAS, the City of Louisville is willing to construct the underpass, and the <br />Louisville Revitalization Commission is willing to assist in its funding; and <br />WHEREAS, the attached Second Amendment to the Agreement is needed to <br />remove the termination date and address when payment is to be made. <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF <br />COMMISSIONERS OF THE LOUISVILLE REVITALIZATION COMMISSION: <br />Section 1. The Second Amendment to the Cooperation Agreement for <br />Highway 42 Revitalization Area Gateway Project Funding is hereby approved. <br />Section 2. The Chair of the Louisville Revitalization Commission is hereby <br />approved to sign the First Amendment. <br />ADOPTED this 13th day of October, 2014. <br />ATTEST: <br />Chair <br />