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RESOLUTION NO.9 SERIES 2021 A RESOLUTION APPROVING A COOPERATION AGREEMENT BETWEEN THE CITY OF LOUISVILLE AND THE LOUISVILLE REVITALIZATION COMMISSION FOR THE SMALL BUSINESS PRESERVATION GRANT PROGRAM WHEREAS, the City of Louisville (the "City") is a home -rule city and municipal corporation duly organized and existing under and pursuant to Article XX of the Colorado Constitution and Charter of the City; and WHEREAS, the Novel Coronavirus 2019 (COVID-19) Pandemic is causing widespread human and economic impacts to the City of Louisville; and WHEREAS, on March 10, 2020, the Governor of the State of Colorado issued a Declaration of Statewide Emergency in response to COVID-19; and WHEREAS, on March 15, 2020, the Mayor of the City, pursuant to Chapter 2.32 of the Louisville Municipal Code and C.R.S. § 24-33.5-709, executed a Declaration of Local Disaster Emergency in and for the City (the "Mayor's Declaration") in response to COVID-19; and WHEREAS, by Resolution No. 27, Series 2020, adopted on March 16, 2020, the City Council continued in effect the Mayor's Declaration until terminated by resolution of the City Council; and WHEREAS, the City Council has taken several actions intended to help its residents and businesses with the impacts of COVID-19 and to continue governmental operations during the Pandemic; and WHEREAS, certain business industries, including restaurants, bars, gyms, fitness providers, and limited health service providers have continued to experience significant economic impacts from the ongoing indoor capacity restrictions necessary to protect members of the public; and WHEREAS, in order to provide funding to meet immediate critical needs of the City's small business community, the City Council adopted Resolution No. 3, Series, 2021, establishing the Small Business Preservation Grant Program and directing $500,000 from the City general fund to the Program; and WHEREAS, the Louisville Revitalization Commission (the "LRC") also has a desire to provide some immediate assistance to those small businesses located within the Highway 42 Revitalization Area (the "URA"), in order to encourage continued presence of businesses consistent with the vision of the Urban Renewal Plan and to prevent the spread of blight within the Urban Renewal Area that could result from a proliferation of empty storefronts; and Resolution No. 9, Series 2021 Page 1 of 2