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SUBJECT: STAFF UPDATES <br />DATE: DECEMBER 14, 2022 PAGE 2 OF 2 <br />URA Properties <br />The following properties have been listed for sale within the Highway 42 Urban Renewal <br />Area: <br />• 655 E South Boulder Road (Attachment #1) <br />• 833 Main Street (Attachment #2) <br />Business Assistance Program (BAP) Update <br />Staff proposed an amendment to Section 3.24 of the Louisville Municipal Code to <br />expand the Business Assistance Program (BAP). The proposed amendment would <br />allow additional existing businesses that have been forced to vacate their current <br />premises to receive financial assistance for keeping their business in Louisville The first <br />reading of the Ordinance took place on February 7. The second reading of the <br />Ordinance is anticipated for February 21. <br />ATTACHMENTS: <br />1. 655 E South Boulder Road Property Brochure <br />2. 833 Main Street Property Brochure <br />3. Ordinance No. XX, Series 2023 — An Ordinance Amending Section 3.24 of the <br />Louisville Municipal Code Regarding the Tax and Fee Business Assistance <br />Program <br />Agenda Packet P. 10 <br />