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<br />RESOLUTION NO. 31 <br />SERIES 2009 <br /> <br />A RESOLUTION APPROVING A BUSINESS ASSISTANCE AGREEMENT <br />WITH BOULDER CREEK IRESTAURANT GROUP FOR REINVESTMENT AND <br />ATTRACTION OF A NEW RESTAURANT AT 808 MAIN STREET IN THE CITY <br />OF LOUISVILLE <br /> <br />WHEREAS, the successful attraction and retention of high quality <br />development to the City of Louisville provides employment opportunities and <br />increased revenue for citizen services and is therefore an important public <br />purpose; and <br /> <br />WHEREAS, it is important for the City of Louisville to attract new retail <br />opportunities in the City and remain competitive with other local governments in <br />creating assistance for occupancy of existing space in the City; and <br /> <br />WHEREAS, Boulder Creek Restaurant Group plans to redevelop and <br />lease 3,400 square feet of existing retail space to Boulder Creek Restaurant <br />Group in Downtown Louisville located at 808 Main Street, Louisville; and <br /> <br />WHEREAS, there has been proposed a Business Assistance Agreement <br />between the City and Boulder Creek Restaurant Group, a copy of which is <br />attached hereto as Exhibit "A" and incorporated herein by this reference; and <br /> <br />WHEREAS, pursuant the Constitution of the State of Colorado, and the <br />Home Rule Charter and ordinances of the City of Louisville, the City has authority <br />to enter into the proposed Business Assistance Agreement; and <br /> <br />WHEREAS, the City Council finds that the proposed Business Assistance <br />Agreement is consistent with and in furtherance of the business assistance <br />policies of the City, and desires to approve the Agreement and authorize its <br />execution and implementation; <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF LOUISVILLE, COLORADO THAT: <br /> <br />1. The proposed Business Assistance Agreement between the City of <br />Louisville and Boulder Cmek Restaurant Group (the "Agreement") is hereby <br />approved in essentially Ule same form as the copy of such Agreement <br />accompanying this Resolution. <br /> <br />2. The Mayor is hereby authorized to execute the Agreement on behalf of <br />the City Council of the City of Louisville, except that the Mayor is hereby granted <br />the authority to negotiate and approve such revisions to said Agreement as the <br />