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<br />CITY OF LOUISVILLE <br />RESOLUTION NO. 5~ SERIES OF 1977 <br /> <br />WHEREAS the City of Louisville Colorado (hereinafter called public <br />body) desires to obtain financial assistance from the Farmers Home Admin.. <br /> <br />istration~ United States Department of Agriculture, pursuant to Section <br /> <br />310 B of the Consolidated Farm and Rural Development Act~ for the purpose <br />of providing Industrial Park Development (hereinafter referred to as the <br />facility) and as a condition to and in consideration of receiving financial <br /> <br />assistance from the Farmers Home Administration this resolution is being <br /> <br />adopted. <br /> <br />Therefore~ in consideration of the premises the public body agrees <br /> <br />as follows: <br /> <br />1. No private business enterprises shall be allowed to use or <br />occupy the facilities if such use or occupancy would be <br />calculated to or is likely to result in the transfer from <br />one area to another of any employment or business activity <br />proprived by operations of the private business enter... <br />prises but this limitation shall not be construed to pro.. <br />hibit use and enjoymE!nt of the facil ity by such private <br />business enterprises in the case of an expansion of existing <br />business entity through the establishment of a new branch, <br />affiliate~ or subsidiary if the establishment of such branch, <br />affiliate~ or subsidiary will not result in the increase in <br />unemployment in the area of original location or in any <br />other area where such entity conducts branch~ affiliate~ <br />or subsidiary is being established with the intention of <br />closing down the operations of the existing business entity <br />in the area of its original location or in any other area <br />where it conducts such operations. <br /> <br />2. No private business enterprises shall be allowed to use <br />or occupy the facilities if such use or occupancy would be <br />calculated to or is likely to result in an increase in the <br />production of goods~ materials, or commodities~ or the avail. <br />ability or services or facilities in the area~ where there <br />is not sufficient demand for such goods~ materials~ com... <br />modities~ services, or facilities~ to employ the efficient <br />capacity of existing competitive commercial or industrial <br />enterprises, unless such financial or other assistance will <br />not have an adverse affect upon existing competitive enter.. <br />prises in the area. <br />