310 West 2nd Street
P.O. Box 5418
Thibodaux, LA 70302
985-446-7218
 
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  Jenny Morvant - Council Administrator
Kelly Maggio - Assistant Council Administrator
Office: (985) 446-7200
310 West Second St.
P.O. Box 5418
Thibodaux, Louisiana 70302

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City of Thibodaux, LA

           

ORDINANCE NO. _____

 

AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A MEMORANDUM OF UNDERSTANDING AGREEMENT WITH LOWE’S HOME CENTERS, INC.

 

            BE IT ORDAINED by the City Council of the City of Thibodaux in regular session assembled, that:

            WHEREAS, Lowe’s Home Centers is considering locating a store within the corporate limits of the City; and

            WHEREAS, the City desires to provide economic assistance to Lowe’s through the construction of a traffic signal by the State and the inclusion of the construction phase in the Louisiana enterprise Zone Program; and

            WHEREAS, the City will expedite the building permits acquisition process should Lowe’s decide to locate in Thibodaux; and

            WHEREAS, it is necessary to execute a Memorandum of Understanding Agreement outlining the aforesaid considerations by the City; and

            WHEREAS, in order for the City to execute this proposed agreement it is necessary for the Council to authorize the Mayor to execute the Memorandum of Understanding.

            NOW, THEREFORE BE IT ORDAINED by the City Council that the Mayor is hereby authorized to execute a Memorandum of Understanding Agreement with Lowe’s Home Centers, Inc as per the conditions mentioned hereinabove.

            BE IT FURTHER ORDAINED that a copy of the said agreement is attached hereto as Exhibit “A” and thereby made a part hereof.

            The above ordinance having been submitted to a vote, the vote thereon was as follows:

            YEAS:

            NAYS:

            ABSTAINED:

            ABSENT:

            And the above ordinance was declared adopted this ____ day of ________________, 2004.

 

__________________________                    ___________________________

Tommy Eschete, Council Adm.                         Chad J. Mire, President

 
   
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