Ordinance No. ___________, Series 2014
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.
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.
H. Stephen Ott Jim King
Metro Council Clerk President of the Council
Greg Fischer Approval Date
Approved as to form and legality:
Michael J. O'Connell
Jefferson County Attorney