LOUISVILLE, Ky. (WDRB) -- Two teenagers are charged with assault after the double shooting near the Pegasus Parade route Thursday.

Spectators at 4th and Broadway needed about four or five seconds to realize what happened. Some ducked, took cover or started to run away.

"All of a sudden you hear these pop-pop-pops," community activist Christopher 2X said. "Definitely sounded like gunfire ... you can see that it caught a lot of people's attention. Glad there wasn't big pandemonium at the time."  

A 14-year-old girl and 17-year-old boy were shot, but are expected to be OK.

Investigators believe the two suspects and the 17-year-old boy knew each other. 

The young girl, a bystander, was caught in the cross fire. 

"At this point, we really have no information on the motive," LMPD chief Steve Conrad said. "We do have reason to believe that this was not a random act of violence between the two shooters and the 17-year-old male." 

Police say the two 15-year-old suspects were taken into custody minutes after the shooting. Both face charges including assault and tampering with physical evidence.

Police recovered the gun and believe it was stolen. 

"Louisville is better than this," Chief Conrad said. "Metro Police were in that vicinity, in force, at the time of the shooting. I think that's what makes it more frustrating. The fact that you have two 15-year-old kids making a life-and-death decision with police officers around, shooting without any fear, without any concern.

"It is impossible to try and police morality and police poor decisions that kids are going to make."

Copyright 2016 WDRB Media. All rights reserved.