R-114-26
A RESOLUTION OF THE LEGISLATIVE COUNCIL OF LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (THE “ISSUER”) AUTHORIZING THE EXECUTION OF A MEMORANDUM OF AGREEMENT BETWEEN THE ISSUER AND WESLEY MANOR RETIREMENT COMMUNITY, INC. (THE “CORPORATION”), A NON-PROFIT CORPORATION, AND/OR ANY WHOLLY-OWNED SUBSIDIARY OF THE CORPORATION (COLLECTIVELY KNOWN AS THE “BORROWER”) RELATING TO THE FINANCING THROUGH THE ISSUANCE OF THE ISSUER’S BOND ANTICIPATION NOTES IN A PRINCIPAL AMOUNT NOT TO EXCEED $6,200,000 (THE “NOTES”) FOR CERTAIN COSTS INCURRED PRIOR TO THE ACQUISITION, CONSTRUCTION, INSTALLATION, AND EQUIPPING OF LONG-TERM HEALTHCARE AND HEALTH RELATED FACILITIES LOCATED AT 5012 AND 5400 EAST MANSLICK ROAD, LOUISVILLE, KENTUCKY (THE “PROJECT”); AGREEING TO UNDERTAKE THE ISSUANCE OF ONE OR MORE NOTES TO EFFECT THE PROJECT FINANCING IN AN AGGREGATE AMOUNT NOT TO EXCEED $6,200,000 AND AT THE APPROPRIATE TIME TO PAY FOR COSTS OF THE PROJECT; AND TAKING OTHER PRELIMINARY ACTION.
- Committee
- Labor and Economic Development Committee
- Introduced
- August 19, 2026
- On agenda
- September 24, 2026
- Passed
- September 24, 2026
- Enacted
- September 24, 2026
- Enactment no.
- Resolution No. 074-2026
Where it was heard
Metro Council Labor and Economic Development Committee Labor and Economic Development Committee Metro CouncilWatch Louisville Metro
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