Laserfiche WebLink
RESOLUTION NO.16 <br />SERIES 2022 <br />A RESOLUTION APPROVING A BUSINESS ASSISTANCE AGREEMENT <br />WITH BASECAMP LOUISVILLE, LLC FOR AN ECONOMIC DEVELOPMENT <br />PROJECT IN THE CITY OF LOUISVILLE <br />WHEREAS, the successful attraction of quality development to the City of <br />Louisville provides employment opportunities and increased revenue for citizen services <br />and is therefore an important public purpose; and <br />WHEREAS, it is important for the City of Louisville to create and retain basic <br />jobs and remain competitive with other local governments in creating assistance for <br />occupancy of commercial space in the City; and <br />WHEREAS, Basecamp Louisville, LLC, doing business as Ironton Distillery and <br />Crafthouse, seeks to redevelop existing vacant commercial space at 1303 Empire Road in <br />Louisville, and relocate its existing business into such commercial space, which will add <br />basic jobs and generate new fee and tax revenues to the City; and <br />WHEREAS, the Business Assistance Agreement between the City and Basecamp <br />Louisville, LLC is attached hereto as Exhibit "A" and incorporated herein by this <br />reference; and <br />WHEREAS, pursuant to the Constitution of the State of Colorado, and the Home <br />Rule Charter and ordinances of the City of Louisville, the City has authority to enter into <br />the proposed Business Assistance Agreement; and <br />WHEREAS, the City Council finds that the proposed Business Assistance <br />Agreement is consistent with and in furtherance of the business assistance policies of the <br />City, and desires to approve the Agreement and authorize its execution and <br />implementation. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF LOUISVILLE, COLORADO THAT: <br />1. The proposed Business Assistance Agreement between the City of Louisville <br />and Basecamp Louisville, LLC (the "Agreement") is hereby approved in essentially the <br />same form as the copy of such Agreement accompanying this Resolution. <br />2. The Mayor is hereby authorized to execute the Agreement on behalf of the <br />City Council of the City of Louisville, and the Mayor is further authorized to negotiate and <br />approve such revisions to said Agreement as the Mayor determines are necessary or <br />desirable for the protection of the City, so long as the essential terms and conditions of the <br />Agreement are not altered. <br />Resolution No. 16, Series 2022 <br />Page 1 of 3 <br />