R-076-26: 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.