Laserfiche WebLink
LOUISVILLE REVITALIZATION COMMISSION <br />RESOLUTION NO. 2 <br />SERIES 2015 <br />A RESOLUTION APPROVING AN AMENDED AND RESTATED COOPERATION <br />AGREEMENT BETWEEN THE CITY OF LOUISVILLE AND THE LOUISVILLE <br />REVITALIZATION COMMISSION <br />WHEREAS, the City of Louisville (the "City ") is a home -rule city and municipal <br />corporation duly organized and existing under and pursuant to Article XX of the Colorado <br />Constitution and Charter of the City; and <br />WHEREAS, the Louisville Revitalization Commission (the "LRC ") is a public body <br />corporate and politic authorized to transact business and exercise its powers as an urban renewal <br />authority under and pursuant to the Colorado Urban Renewal Law, Part 1 of Article 25 of Title <br />31, C.R.S. (the Act); and <br />WHEREAS, the Act and Section 18, Article XIV of the Colorado Constitution authorize <br />the City and the LRC to enter into cooperation agreements, and the Act specifically authorizes <br />the City and the LRC to enter into agreements respecting action to be taken pursuant to any of <br />the powers set forth in the Act; and < <br />WHEREAS, in 2006, the City and the LRC entered into a Cooperation, Agreement`s <br />respecting operating funds, support services, general oversight of the LRC to brprovided by. the <br />City to the LRC, and related matters, which such Agreement was approved by ResolutionNo. <br />49, Series 2006; and <br />• <br />WHEREAS, on April 5, 2011, the City and the LRC entered into an Amended' and <br />Restated Cooperation Agreement respecting the same matters; and <br />WHEREAS, the LRC desires to update and revise certain provisions of the Agreement <br />and for such purpose there is proposed another Amended and Restated Cooperation Agreement <br />between the City and the LRC; <br />NOW, THEREFORE, BE IT RESOLVED BY THE LOUISVILLE <br />REVITALIZATION COMMISSION: <br />Section 1. The proposed Amended and Restated Cooperation Agreement between the <br />City of Louisville and the Louisville Revitalization Commission (the "Agreement "), a copy of <br />which is attached hereto and incorporated herein by this reference, is hereby approved. <br />Section 2. The Chair and Secretary is authorized to execute the Agreement on behalf of <br />the LRC, except that the Chair is hereby further granted authority to negotiate and approve such <br />revisions to said Agreement as the Chair determines are necessary or desirable for the protection of <br />