RESOLUTION No. __________, Series 2019
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A RESOLUTION AUTHORIZING THE MAYOR TO ACCEPT AN AMOUNT NOT TO EXCEED $695,000 FROM THE COMMUNITY FOUNDATION OF LOUISVILLE TO FUND CERTAIN ACTIVITIES DESCRIBED IN THE AI INNOVATION DIGITAL ALLIANCE TO BE ADMINISTERED BY ECONOMIC DEVELOPMENT
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Sponsored By: CouncilMember YATES
WHEREAS, the Metro Government wishes to enter into this agreement through the Economic Development; and
WHEREAS, Artificial Intelligence (AI), Internet of Things (IoT), and Data Science are poised to transform the global economy, particularly in key Louisville industry clusters; and
WHEREAS, the activities alluded to primarily include the staff and work of a grant-funded Louisville AI Team, yet to be created, whose members will work with local companies and stakeholders to identify AI-ready problems and solutions in the service of making Louisville a regional hub for AI, IoT, and Data Science and position our community for growth of family-supporting jobs in a quickly changing economy;
BE IT RESOLVED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (THE COUNCIL) AS FOLLOWS:
SECTION I: That the Mayor is hereby authorized to accept an amount not-to-exceed $695,000 from the Community Foundation of Louisville, to be administered by the Department of Economic Development, to fund certain activities described in the AI Innovation Digital Alliance.
SECTION II: This Resolution shall take effect upon its passage and approval.
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_______________________________ H. Stephen Ott Metro Council Clerk |
_____________________________ David James President of the Council |
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_______________________________ Greg Fischer Mayor |
_____________________________ Approval Date |
APPROVED AS TO FORM AND LEGALITY:
Michael J. O’Connell
Jefferson County Attorney
BY: ____________________________
FILE ID: R-136-19 RES AI Innovation Digital Alliance MOU.docx