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RESOLUTION NO. 27 <br />SERIES 1999 <br /> <br />A RESOLUTION APPROVING AN AGREEMENT BETWEEN THE CITY <br />OF LOUISVILLE AND SAM'S REAL ESTATE BUSINESS TRUST AND <br />SAM'S WEST, INC. <br /> <br /> WHEREAS, an agreement has been proposed between the City of Louisville and Sam's <br />Real Estate Business Trust and Sam's West, Inc., regarding the rebate of certain sales tax revenues <br />received from retail sales made at Sam's Club; and <br /> <br /> WHEREAS, the City Council desires to approve the proposed Agreement and authorize <br />the Mayor to execute the same. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF LOUISVILLE, COLORADO: <br /> <br /> 1. The proposed Agreement between the City of Louisville and Sam's Real Estate <br />Business Trust and Sam's West, Inc., a copy of which is attached hereto and incorporated herein by <br />this reference, is hereby approved. <br /> <br /> 2. The Mayor is hereby authorized to execute the attached Agreement on behalf of the <br />City Council of the City of Louisville. The Mayor, City Administrator and City Staff are further <br />authorized to do all things necessary on behalf of the City to perform the obligations of the City <br />under the Agreement. <br /> <br />PASSED AND ADOPTED this 18th day of May, 1999. <br /> <br />Tom D~avidson, Mayor <br /> <br />Dave Clabots, City Clerk <br /> <br />091499/806[sjl]c:Lville~Samsclub.res <br /> <br /> <br />