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RESOLUTION N0. 4 <br />Series 1973 <br />CITY OF LOUISVILLE <br />ANNEXATION POLICY AND GUIDELINE STATEMENT <br />WHEREAS: The City of Louisville desires to encourage the economic develop- <br />went of the adjacent region by encouraging the use and expan- <br />sion of its utilities and services, and <br />WHEREAS: It is necessary to establish a policy in writing for the pur- <br />pose of providing guidance to City Administration, City Council, <br />Planning Commission and any interested parties proposing annex- <br />ation. <br />THEREFORE, Be It Resolved: <br />SECTION I <br />THAT, the credit or financial soundness of the City of Louisville shall not <br />be jeopardized or undly risked for the benefit of proposed areas of develop- <br />went or annexation. <br />THAT, The City of Louisville shall not burden any costs incurred for legal <br />evaluation and engineering feasibility studies to determine the City of <br />Louisville's ability to service entotal any proposed annexation. <br />THAT, the City of Louisville has the right to demand payment of the interested <br />parties proposing annexation, for the City to properly evaluate the following: <br />Water service, sewer service, fire protection, police protection, street and <br />alley maintenance service, environmental impact, flood and drainage control, <br />legal and engineering services, inclusion to the comprehensive plan and mapping. <br />