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Docusign Envelope ID: C70F990D-27AB-4B97-9A64-B717ABCB099F BUSINESS ASSISTANCE AGREEMENT FOR DILLON COMPANIES, LLC IN THE CITY OF LOUISVILLE THIS AGREEMENT ("Agreement") is made and entered into as of the 5th day of September , 2024, between the CITY OF LOUISVILLE, a Colorado home rule municipal corporation (the "City"), and DILLON COM ANTES, LLC, a Kansas limited liability company d/b/a King Soopers (the "Company"). WHEREAS, the City wishes to provide certain business assistance in connection with the Company's desire to open a new business in Louisville (the "Project"); and WHEREAS, the Company seeks to occupy an estimated 118,000 square feet of existing retail space at 1171 Dillon Road; and WHEREAS, the Company will bring new basic jobs to the City, as well as generate new fee and tax revenues; and WHEREAS, the City Council finds the execution of this Agreement will serve to provide a benefit and advance the public interest and welfare of the City and its citizens by securing this economic development project within the City; and WHEREAS, pursuant to Chapter 3.24 of the Louisville Municipal Code, sales tax rebates must be limited to the amount of sales tax collected by the City over and above a base amount negotiated by, and agreed upon by, the applicant and the City, and which base amount shall never be lower than the amount of sales taxes collected by the City at the property in question in the previous 12 months; and WHEREAS, no sales tax has been generated at the Project location in the previous 12 months, and thus the City and the Company desire, for purpose of this Agreement, to set the sales tax base at zero dollars ($0), and that the sales tax rebate under this Agreement shall be limited to seventy-five percent (75%) of sales tax actually collected by the City and attributable solely to new retail sales generated by operation of the Project and occurring at the Project location for the period described, and subject to the exceptions, restrictions, and limitations set forth, in this Agreement; and WHEREAS, for the reasons set forth above, the City desires to provide certain other rebates to Company as further described, and subject to the exceptions, restrictions, and limitations as set forth, in this Agreement. NOW THEREFORE, in consideration of the mutual promises set forth below, the City and Company agree as follows: