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Resolution 2008-67
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2008-67

A RESOLUTION

AUTHORIZING THE COOPERATION AGREEMENT BETWEEN THE CITY OF LAKEWOOD AND THE LAKEWOOD REINVESTMENT AUTHORITY REGARDING THE RTD STATION BETTERMENTS

WHEREAS, the Lakewood Reinvestment Authority (the "Authority") is a public body corporate and politic, and has been duly created, organized, established and authorized by the City of Lakewood, Colorado (the "City"), to transact business and exercise its powers as an urban renewal authority, all under and pursuant to the Colorado Urban Renewal Law, constituting Part 1 of Article 25 of Title 31, Colorado Revised Statutes, as amended (the "Act"); and

WHEREAS, an urban renewal plan, known as the "West Colfax Avenue Corridor Reinvestment Plan" (the "Plan"), was duly and regularly approved by the City Council of the City on December 12, 2005, for urban renewal projects in the Plan Area under the Act; and

WHEREAS, the Authority Board has approved the RTD Station Betterment Project; and

WHEREAS, the Authority has agreed to convey to the City funds necessary for the construction of the RTD Station Betterment Project in the form of the attached Intergovernmental Agreement Between The City Of Lakewood And The Lakewood Reinvestment Authority Regarding The RTD Station Betterments Project.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakewood, that:

SECTION 1. The City Manager is authorized to execute in form approved by the City Attorney, the Cooperation Agreement between The City of Lakewood and The Lakewood Reinvestment Authority regarding the RTD Station Betterment Project on behalf of the City of Lakewood.

INTRODUCED, READ AND ADOPTED by a vote of 10 for and 1 against at a regular meeting of the City Council on September 22, 2008, at 7 o'clock p.m. at the Lakewood Civic Center, 480 South Allison Parkway, Lakewood, Colorado.

Bob Murphy, Mayor

ATTEST:
Margy Greer, City Clerk