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File #: R-123-22    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/22/2022 In control: Labor and Economic Development Committee
On agenda: 9/22/2022 Final action: 9/22/2022
Title: A RESOLUTION APPROVING THE BUDGET AND ECONOMIC IMPROVEMENT PLANS FOR THE LOUISVILLE DOWNTOWN MANAGEMENT DISTRICT FOR THE PERIOD JANUARY 1, 2023 THROUGH DECEMBER 31, 2023.
Sponsors: Keisha Dorsey (D-3)
Attachments: 1. R-123-22 V.1 090822 Lou Downtown Mgmt Dist Budget and Improvement Plans.pdf, 2. R-123-22 ATTACH Exhibit A -2023 Improvement Plan and Budget.pdf, 3. Lou. Downtown Mgmt Dist. Economic Improvement Plan.pdf, 4. Louisville Downtown Management District EIP Presentation 9-13-22.pdf, 5. RES 106 2022.pdf
RESOLUTION NO.______, SERIES 2022
TITLE
A RESOLUTION APPROVING THE BUDGET AND ECONOMIC IMPROVEMENT PLANS FOR THE LOUISVILLE DOWNTOWN MANAGEMENT DISTRICT FOR THE PERIOD JANUARY 1, 2023 THROUGH DECEMBER 31, 2023.
BODY
SPONSORED BY: COUNCIL MEMBER DORSEY

WHEREAS, the Louisville Downtown Management District ("District") established pursuant to the Louisville Metro Code of Ordinances Sections 160.01-160.98 ("Ordinance") for the purpose of providing and financing of economic improvements that specifically benefit privately-owned property within the District;
WHEREAS, the Board of Directors for the District has developed and approved a budget for the period from January 1, 2023 through December 31, 2023 ("Budget") and economic improvement plans ("Plans") as required by the Ordinance;
WHEREAS, the Board of Directors has submitted the Budget and Plans as attached hereto as Exhibit A; and
WHEREAS, a public hearing to solicit comments will occur, on September 13, 2022, prior to Council's review and approval of the budget.
NOW, THEREFORE, BE IT RESOLVED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT ("COUNCIL") AS FOLLOWS:

SECTION I: That as required by the Ordinance, a public hearing was held for the purpose of soliciting comments upon the Budget and Plan.
SECTION II: That the Budget and Plan are approved as attached.
SECTION III: That the Council directs the Board of Directors of the District to publish the Budget and the Plan pursuant to Kentucky Revised Statute Chapter 424.
SECTION IV: That this Resolution shall take effect upon its passage and approval or otherwise becoming law.


_______________________________ _____________________________
Sonya Harward David James
Metro Council Clerk President of the Council



________________________________ _____________________________
Greg Fischer Approval Date
Mayor



APPROVED AS TO FORM AND LEGALITY:

Michael J. O'Connell
Jefferson Count...

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