Resolution R-120-25 approves the lease agreement between the Louisville Waterfront Development Corporation and the City of Louisville for property located at 141 River Road. This lease allows the Corporation to continue managing and developing the riverfront property as public park space. The agreement has a term of 30 years with options for renewal. It outlines responsibilities for maintenance, operations, and future capital improvements. The goal is to ensure continued public access and enhance recreational opportunities along the waterfront. This action is crucial for the ongoing revitalization of Louisville's riverfront area.