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Davidson stated this means Council is simply changing the requirement from 4 spaces to <br />2.5 spaces. He stated that this Ordinance allows the parking to be 700 feet away, versus <br />300 feet, providing a little leeway. He did not feel this was the perfect answer; however, <br />he stated that, after a year of discussion, it was the only answer that Council could come <br />up with. He expressed support for a $10,000 cash in lieu of fee to be placed into an <br />enterprise fund. He did not believe anyone would be willing to pay that amount, but it <br />would be necessary to collect a fee of that size in order to cover actual expenses. <br /> <br />Sisk agreed with Davidson that a $10,000 cash in lieu of fee would be necessary to cover <br />actual expenses. He agreed with Keany that an enterprise fund should be developed. <br /> <br />Davidson explained that if the City acquires land for central parking, it would be an act of <br />eminent domain, and eliminates negotiations with property owners. He stated that he <br />would be reluctant to do this. <br /> <br />Howard expressed support for a $10,000 cash in lieu of fee. <br /> <br />Mayer stated that, no matter what the fee is, he is concerned that land may not be <br />reasonably available without exercising eminent domain. Specifically, he is concerned <br />about what occurs when the fees are collected and the City cannot locate space' for <br />parking. He suggested that Council couldn't accomplish this without some foresight as to <br />exactly where to obtain parking and questioned whether Council would approve projects <br />without the knowledge that parking could be obtained. <br /> <br />Keany stated that if the City were the parking broker, they would have more control over <br />where the parking would be located. This would allow Council to group parking into a <br />specific area, versus a developer purchasing scattered properties to provide parking. <br /> <br />Howard suggested that Council table this Ordinance until the next meeting, as they <br />appear to be at an impasse. <br /> <br />Davidson agreed with Howard. He stated that he would be agreeable to leaving the <br />parking requirement at four spaces per 1,000 sf, located within 300 feet. However, he <br />expressed support for taking this opportunity to give the business people a break by <br />adopting the requirement of 2.5 spaces per 1,000 sf, located within 700 feet. He explained <br />that there is nothing to prevent Council modifying this Ordinance in the future, should a <br />better solution present itself. <br /> <br />Lathrop moved that Council continue Ordinance No. 1287, Series 1998 - Amending <br />Chapter 17.20 of the Louisville Municipal Code and the Louisville Commercial <br />Development Design Standards and Guidelines to Require that All Development Within <br />Downtown Louisville Meet Specific Off-Street Parking Requirements to the May 4, <br />1999, City Council meeting, seconded by Sisk. <br /> <br />Levihn questioned what should take place in the meantime. <br /> <br />16 <br /> <br /> <br />