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LOUISVILLE REVITALIZATION COMMISSION <br />RESOLUTION NO. 17-02 <br />A RESOLUTION ADOPTING THE ANNUAL BUDGET AND <br />APPROPRIATING EXPENDITURES FOR FISCAL YEAR 2018 <br />WHEREAS, the Louisville Revitalization Commission's proposed annual budget <br />for the fiscal year 2018 has been prepared and submitted to the Board of Commissioners; <br />and <br />WHEREAS, such proposed budget contains all of the matters required by law; <br />and <br />WHEREAS, once the LRC approves the budget, the Louisville City Council <br />must also approve the 2018 Budget in accordance with Amended and Restated <br />Cooperation Agreement executed November 17, 2015; and <br />WHEREAS, a public hearing has been held on the proposed budget following <br />public notice of the same; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF <br />COMMISSIONERS OF THE LOUISVILLE REVITALIZATION COMMISSION: <br />Section 1. The Annual Budget for the Louisville Revitalization Commission, <br />for the Fiscal Year beginning January 1, 2018 and ending December 31, 2018, is hereby <br />approved and is adopted once the Louisville City Council approves the Annual Budget. <br />Such 2018 Annual Budget document is attached hereto and made a part hereof. <br />Section 2. Moneys are hereby appropriated for said fiscal year as provided in <br />said budget document. <br />ADOPTED this 11 th day of December, 2017. <br />ATTEST: Chair <br />Secretary <br />