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RESOLUTION NO. 01 SERIES 2010 A RESOLUTION FINDING SUBSTANTIAL COMPLIANCE FOR AN ANNEXATION PETITION FilED WITH THE CITY OF lOUISVillE, COLORADO, KNOWN AS THE CONOCOPHlLLlPS ANNEXATION, AND SETTING A PUBLIC HEARING THEREON WHEREAS, a petition for annexation of certain property, to be known as the ConocoPhillips Annexation to the City of Louisville, has been filed with the City Council of the City of Louisville; and WHEREAS, the City Council has reviewed the annexation petition; and WHEREAS, the City Council wishes to consider the subject property for annexation; and WHEREAS, the City Council has reviewed the annexation petition and accompanying annexation map and desires to adopt by this Resolution its findings in regard thereto. NOW, THEREFORE, IBE IT RESOLVED BY THE CITY COUNCil OF THE CITY OF lOUISVillE, COLORADO: Section 1. The petition, the legal description for which is attached hereto as Exhibit A, is in substantial compliance with the applicable laws of the State of Colorado. Section 2. No election is required under 931-12-107(2), C.RS. Section 3. No additional terms and conditions are to be imposed. Section 4. The City Council will hold a public hearing for the purpose of determining if the proposed annexation complies with 931-12-104, C.RS. and with 931- 12-105, C.RS., at the Louisviille City Hall, 749 Main Street, Louisville, Colorado, 80027, at the following date and time: Tuesday, March 16, 2010 4:30 P.M. Section 5. Any person may appear at such hearing and present evidence relative to the proposed annexation. Section 6. Upon completion of the hearing, the City Council will set forth by resolution its findings and conclusions with reference to the eligibility of the proposed 1