(A) That this Board authorizes the creation of a Development Area, pursuant to the Act, to be known as the Churchill Downs Development Area, such Churchill Downs Development Area being described as follows:
CHURCHILL DOWNS RACETRACK PROPERTY LINE FOR THE PROPOSED TAX INCREMENT FINANCING (TIF) DISTRICT
(B) The area covered by the proposed TIF falls within the following boundaries:
(1) On the north side from the intersection Taylor Boulevard east on Central Avenue to the intersection of Central Avenue and Third Street.
(2) On the east side from the intersection of Third Street south to Southern Parkway to the intersection of Winn Avenue.
(3) At the intersection of Winn Avenue west to Longfield Avenue.
(4) Longfield Avenue west to the intersection of Wizard Avenue.
(5) From the intersection of Wizard Avenue northeast to the intersection of Oleanda Avenue.
(6) From the intersection of Oleanda Avenue southeast to the intersection of Warren Avenue.
(7) From the intersection of Warren Avenue northeast to the intersection of the alley which runs parallel to Homeview Drive.
(8) From the intersection of the alley which runs parallel to Homeview Drive southeast to the intersection of Ninth Street.
(9) From the intersection of Ninth Street northeast to the intersection of Central Avenue.
(Lou. Ord. No. 073-2002, 1 (Exh. A), approved 6-17-2002; Lou. Metro Am. Ord. No. 58-2007, approved 4-9-2007)