33.
AN INDUCEMENT RESOLUTION OF THE LOUISVILLE/JEFFERSON COUNTY METRO
GOVERNMENT (THE “ISSUER”) AUTHORIZING THE EXECUTION OF A
MEMORANDUM OF AGREEMENT BETWEEN THE ISSUER AND MGI LOUISVILLE,
LLC, ITS AFFILIATES AND ASSIGNS (COLLECTIVELY, THE “COMPANY”)
RELATING TO THE ACQUISITION, CONSTRUCTION, EQUIPPING AND
INSTALLATION OF FACILITIES AT 501-504 AND 503 FRANKLIN STREET,
UNADDRESSED E. WITHERSPOON STREET (PARCEL ID NO. 18D-0025-0000),
UNADDRESSED FRANKLIN STREET (PARCEL ID NO. 18E-0020-0000),
UNADDRESSED FRANKLIN STREET (PARCEL ID NO. 18E-0064-0000),
UNADDRESSED JACKSON STREET (PARCEL ID NO. 18E-0016-0000),
UNADDRESSED JACKSON STREET (PARCEL ID NO. 18E-0063-0000), 501 E. MAIN
STREET, 300-304 JACKSON STREET, AND 100 N. HANCOCK STREET, LOUISVILLE,
KENTUCKY, INCLUDING the acquisition, construction, equipping and installation of
(I) between 225 and 300 multi-family dwelling units; (ii) a parking structure to
support the residential units, containing approximately 89 parking spaces; (iii) a
hotel containing between 134 and 180 rooms; (iv) between 38,800 and 50,000
square feet of office space; (v) between 18,000 and 22,000 square feet of retail
space; (vi) a garage to be owned and operated by PARC containing no fewer than
575 parking spaces; AND (vii) other public infrastructure improvements (THE
“PROJECT”); AGREEING TO UNDERTAKE THE ISSUANCE OF ONE OR MORE
SERIES OF INDUSTRIAL BUILDING REVENUE BONDS AT THE APPROPRIATE TIME
TO FINANCE THE COSTS OF ACQUIRING, CONSTRUCTING, EQUIPPING AND
INSTALLING SAID FACILITIES; AND TAKING OTHER PRELIMINARY ACTION.
Sponsors:
Primary Ken Herndon (D-4)
Attachments:
34.
A RESOLUTION DETERMINING REAL PROPERTIES LOCATED AT 503 FRANKLIN
STREET (PARCEL ID NO. 18D-0001-0000), UNADDRESSED E. WITHERSPOON
STREET (PARCEL ID NO. 18D-0025-0000), 501-504 FRANKLIN STREET (PARCEL ID
NO. 18E-0022-0000), UNADDRESSED FRANKLIN STREET (PARCEL ID NO.
18E-0064-0000), UNADDRESSED JACKSON STREET (PARCEL ID NO.
18E-0063-0000), 501 E. MAIN STREET (PARCEL ID NO. 18E-051-0000), 304
JACKSON STREET (PARCEL ID NO. 18E-0053-0000), 302 JACKSON STREET
(PARCEL ID NO. 18E-0055-0000), 100 N. HANCOCK STREET (PARCEL ID NO.
18E-0050-0000), 300 JACKSON STREET (PARCEL ID NO. 18E-0054-0000),
UNADDRESSED FRANKLIN STREET (PARCEL ID NO 18E-0020-0000) AND
UNADDRESSED FRANKLIN STREET (PARCEL ID NO. 18E-0016-0000)AS SURPLUS
AND NOT NEEDED FOR THE GOVERNMENTAL PURPOSES OF METRO
GOVERNMENT AND AUTHORIZING THEIR TRANSFER.
Sponsors:Primary Ken Herndon (D-4)
Attachments: