Ordinance No. ___________, Series 2014
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AN ORDINANCE AMENDING ORDINANCE NO. 119, SERIES 2012 PERTAINING TO THE CAPITAL BUDGET FOR FISCAL YEAR 2012-13 BY REVISING THE EXPIRATION DATE ASSOCIATED WITH AN ECONOMIC DEVELOPMENT PROJECT.
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SPONSORED BY: PRESIDENT JIM KING
AND COUNCILMEMBER KELLY DOWNARD
Be it ordained by the Legislative Council of the Louisville/Jefferson County Metro Government (The Council) As Follows:
Section I: Part IV., General Provisions of Ordinance No. 119, Series 2012 is hereby amended as follows:
J. Without further action of the Metro Council, existing funds appropriated for downtown land acquisition and other costs associated with Metro Government's contract with Cordish Development, shall expire on September 1 December 31, 2014.
SECTION II: The Council has determined that the funds requested in this ordinance will be expended for a public purpose.
SECTION III: This Ordinance shall take effect upon its passage and approval.
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H. Stephen Ott Jim King
Metro Council Clerk President of the Council
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Greg Fischer Approval Date
Mayor
Approved as to form and legality:
Michael J. O'Connell
Jefferson County Attorney
BY: ______________________