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Section 7. If the City Council concludes, by resolution, that all statutory requirements <br />have been met and that the proposed annexation is proper under the laws of the State of Colorado, <br />the City Council may pass one or more ordinances annexing the subject property to the City of <br />Louisville. <br /> <br /> Section 8. The property proposed for annexation is subject to the Intergovernmental <br />Agreement, U.S. 36 Corridor Comprehensive Development Plan, dated June 20, 2000 (the "Plan"). <br />Nothing herein is intended or shall be construed to affect the applicability of such Plan to the <br />property, or to affect the terms, conditions and development limitations set forth in the Plan. <br /> <br />PAssED AND ADOPTED this 15th day of January, 2002. <br /> <br /> Tom Davidson, Mayor <br /> <br />Nancy ~arra, City Clerk <br /> <br />2 <br /> <br /> <br />