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<br /> RESOLUTION NO. 28 -1986 <br /> OF THE COUNCIL OF THE CITY OF <br /> LOUISVILLE, COLORADO <br /> REAFFIRMING AN INTENTION TO <br /> ISSUE INDUSTRIAL DEVELOPMENT REVENUE BONDS <br /> FOR THE CENTENNIAL CENTER PARTNERSHIP <br /> PROJECT <br /> WHEREAS, on November 7, 1985, the City Council of the City <br /> of Louisville, Colorado (the "City") approved Resolution No. 27- <br /> 1985 of the City (the "Inducement Resolution") setting forth the <br /> intention of the City to issue Industrial Development Revenue <br /> Bonds (the "Bonds") for Centennial Center Partnership for the <br /> purpose of financing the acquisition, construction and equipping <br /> of a Project therein described; <br /> WHEREAS, the City Council wishes to reaffirm its decision to <br /> proceed with the financing of the Project; <br /> NOv.], THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br /> LOUISVILLE, COLORADO: <br /> Section 1- The intention of the City to issue the Bonds is <br /> hereby restated and reaffirmed on the same terms and conditions <br /> as set forth in the Inducement Resolution. <br /> Section 2. The commitments of the City contained herein and <br /> in the Inducement Resolution are subject to the condition that <br /> within twelve ( 12) months of the date of the Inducement <br /> Resolution unless otherwise extended by agreement, the Bonds to <br /> be issued pursuant hereto shall be issued and sold. <br /> Section 3. This Resolution shall take effect immediately upon <br /> its introduction and passage. <br /> Passed and adopted at a regular meeting of the City Council <br /> this 20th day of May, 1986. <br /> ~~ <br /> Mayor <br /> ATTEST: <br /> Q'~A' <br /> City Crer -- <br /> CEN8 <br />