RESOLUTION NO. _____________, SERIES 2019
A RESOLUTION OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, KENTUCKY, AUTHORIZING THE EXECUTION AND DELIVERY OF (I) A THIRD SUPPLEMENTAL USER CONTRACT RELATED TO THE MEDICAL CENTER STEAM AND CHILLED WATER PLANT AND (II) A FIRST AMENDMENT TO AMENDED AND RESTATED CENTRAL LAUNDRY SERVICES CONTRACT RELATED TO THE MEDICAL CENTER LAUNDRY
SPONSORED BY: COUNCILMEMBER SEXTON SMITH
WITNESSETH:
WHEREAS, Louisville Medical Center, Inc. ("LMC") owns the Medical Center Steam and Chilled Water Plant located at 235 Abraham Flexner Way, Louisville, Kentucky 40202 (the "Plant") and the Medical Center Commission of Louisville/Jefferson County Metro Government, Kentucky (the "Commission") operates the Plant for the purpose of providing steam and chilled water to certain facilities owned by (i) Jewish Hospital & St. Mary's Healthcare, Inc. ("JHSMH"), (ii) Kentucky Community & Technical College System ("KCTCS"), (iii) Norton Healthcare, Inc. ("Norton"), (iv) the University of Louisville ("UofL"), and (v) University Medical Center, Inc. d/b/a University Hospital ("University Hospital" and, together with JHSMH, KCTCS, Norton, and UofL, the "Existing Plant Users") in the medical center area in downtown Louisville (the "Medical Center"); and
WHEREAS, on April 23, 2002, Metro Government, LMC, and the Existing Plant Users entered into a User Contract (the "Original Plant Contract") for the purpose of providing for the operation of the Plant and to require the Existing Plant Users to collectively pay the costs of operating the Plant, including any debt service related to tax-exempt bonds issued to finance improvements to or expansions of the Plant in exchange for the agreement of LMC and the Commission to provide the Existing Plant Users steam and chilled water from the Plant; and
WHEREAS, on October 1, 2011, Metro Government, LMC, and the Existing Plant Users entered into a First Supplemental User Contract (the "First Supplem...
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