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NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF LOUISVILLE, COLORADO: <br />Section 1. The City Council finds the financial assistance contemplated by the proposed <br />Public Infrastructure Assistance Agreement by and among the City of Louisville, the Louisville <br />Revitalization Commission, and Split Mountain Commercial 4 LLC (the "Agreement"), a copy of <br />which is attached hereto and incorporated herein by this reference, is not a debt or other financial <br />obligation of the City, no City funds are pledged thereby, and the City's interests in connection with <br />the obligations set forth in the Agreement are adequately protected. <br />Section 2. The proposed Agreement is hereby approved. <br />Section 3. The Mayor is hereby authorized to execute the Agreement on behalf of the <br />City Council, and the Mayor is hereby further authorized to negotiate and approve such revisions to <br />the Agreement as the Mayor determines are necessary or desirable for the protection of the City, so <br />long as the essential terms and conditions of such Agreement are not altered. <br />PASSED AND ADOPTED this 21 sc day of June, 2022. <br />OtAt� � <br />Ashley Stol ann, Uor <br />ATTEST: OF �pV/S <br />* SAL '.I <br />eredyth Muth, City Clerk <br />COO <br />Resolution No. 30, Series 2022 <br />Page 2 of 2 <br />