RESOLUTION NO. _____ SERIES 2014
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A RESOLUTION OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AMENDING RESOLUTION NO. 193, SERIES 2012 RELATING TO THE AUTHORIZATION OF THE EXECUTION OF A MEMORANDUM OF AGREEMENT BETWEEN THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND MAINSTREET VENTURES, LLC, AND AMENDING THE MEMORANDUM OF AGREEMENT BY AND BETWEEN THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND MAINSTREET VENTURES, LLC, RELATING TO AN INDUSTRIAL BUILDING PROJECT UNDERTAKING THE ISSUANCE OF INDUSTRIAL BUILDING REVENUE BONDS TO REFLECT THE TRANSFER OF OWNERSHIP OF THE PROPERTY TO HEAVEN HILL DISTILLERIES, INC.
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Sponsored by: Council President Jim King, Councilmember David Tandy, Councilmember Kelly Downard
WHEREAS, Heaven Hill Distilleries, Inc. (the "Company"), is a Kentucky corporation duly organized and in good standing under the laws of the Commonwealth of Kentucky.
WHEREAS, pursuant to the Louisville/Jefferson County Metro Government Application for the Issuance of Industrial Revenue Bonds (the "Local IRB Application"), dated as of November 7, 2012, Mainstreet Ventures, LLC ("Original Applicant") made an application to the Louisville/Jefferson County Metro Government (the "Issuer") regarding the proposed issuance of industrial revenue bonds relating to the development of certain real property, and the building and improvements thereon, located in the Heaven Hill Building at 528 West Main Street, Louisville, Kentucky (the "Property") to establish a distillery for the production and manufacture of Evan Williams Bourbon and other products (the "Project").
WHEREAS, pursuant to Metro Council Resolution 193, Series 2012 (the "Resolution") Issuer previously authorized the execution of a Memorandum of Agreement between Issuer and Original Applicant relating to an industrial building project undertaking, agreeing to the issuance of industrial building revenue bonds in an amount not to exceed $10,000,...
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