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Mayer agreed with Davidson. However, he stated that the Ordinance requires 2.5 parking <br />spaces per 1,000 sf and, in general, four spaces per 1,000 sf are needed. He expressed <br />concern that this means that the City is promising to somehow come up with the <br />additional parking that is going to be required of that development. He stated that he <br />shares the Planning Commission's concerns and the concerns expressed tonight regarding <br />City leadership. He stated that in most areas, a downtown business district forms to <br />handle the parking. To a great extent, it is the downtown business owners who have not <br />been able to come together and agree on a general plan of how to pay for and administer <br />parking. He felt that the Ordinance, while not perfect, is better than before, which was <br />essentially that the City picks up all the parking. He described the Ordinance as a work in <br />progress from which to move forward. <br /> <br />Howard expressed concern that four parking spaces per 1,000 sf will, in actuality, be <br />needed and Council is only requiring 2.5. He described that as a declaration of subsidy <br />and stated that he thought the City was trying to get out of the subsidy business. He felt <br />that it has taken a long time to come to a simple conclusion that: if you are going to be <br />making the money and you are going to be expanding your business, then you ought to <br />provide your parking. The taxpayers and other businesses that do not otherwise benefit <br />should not be paying to provide it. He agreed with Mayer that the City would be dealing <br />with some kind of a subsidy down the line and felt that it is time for development to pay <br />its own way. <br /> <br />Lathrop stated that he feels fairly comfortable with a requirement of 2.5 parking spaces <br />per 1,000 sf, as he has always heard that an overall average is two spaces per 1,000 sf. He <br />agreed with Hartronft and Lehman that the Ordinance is going to create exactly what <br />happened in Boulder. That is that each developer goes out and finds something to put cars <br />on, resulting in a hodge-podge of lots, demolitions, and so on. He felt that the issue is, in <br />order to make some semblance of order, somebody has to be the parking lot broker. It's <br />logical that the City would be that broker. He did not feel that would be inconsistent as a <br />municipal service, provided that the monies are sufficient to build the parking lots. He <br />stated that if there is cash in lieu of actual parking places, what is that number and is it <br />sufficient to build parking. This would allow a developer who does not have access to on- <br />sight parking to pay a fee to build parking that can be used by many developments. He <br />stated that now is the right time for the City to become the broker, as there isn't a parking <br />problem yet. This would allow the City to begin collecting fees for the seed money to <br />provide future parking lots. He expressed disapproval of the Ordinance as drafted. <br /> <br />Sisk stated that he believes the City has the obligation to provide a strong leadership role <br />in developing downtown parking. He expressed concern that a number of properties and <br />homes will be torn down for parking, removing the connection with Louisville's historical <br />significance. He stated that he was in favor of the previously discussed $5,000 per-space <br />fee. However, he reminded the business community that they did not agree with that <br />amount, because they felt they could do a better job. He stated that the City had, in fact, <br />tried to take a leadership role and they were rebuffed. He suggested that the moratorium <br />be continued for one to two more months in an effort to allow the City and the private <br /> <br />13 <br /> <br /> <br />