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City Council <br /> Meeting Minutes <br /> February 21, 2012 <br /> Page 8 of 14 <br /> • <br /> RESOLUTION NO. 18, SERIES 2012 — A RESOLUTION APPROVING A BUSINESS <br /> ASSISTANCE AGREEMENT WITH KITCHEN COOP LLC FOR THE REMODELING <br /> OF EXISTING INDUSTRIAL SPACE IN THE COLORADO TECHNOLOGY CENTER <br /> IN THE CITY OF LOUISVILLE <br /> Mayor Muckle requested a staff presentation. <br /> Economic Development Director Star explained City Council action is requested on a <br /> proposed economic development business assistance package for the Kitchen Coop <br /> LLC. The proposed project is a cooperative state-of-the-art kitchen for the development <br /> and processing of natural food products. Jeff Greenberg is considering buildings in <br /> Boulder and Broomfield as well as the Colorado Technology Center. The Kitchen Coop <br /> plans to make a location decision soon and begin construction this spring. Construction <br /> cost estimates for the incubator are as high as $1.8 million. Based on the projected <br /> construction estimates staff recommended the following: <br /> Building Permit-Fee Rebate <br /> 50% rebate on permit fees for tenant finish $9,430 <br /> Building Use Tax Rebate <br /> 50% rebate on Building Use Tax for core and shell and <br /> • tenant finish $13,500 <br /> Total Proposed Building Permit Assistance $ 22,930 <br /> APPLICANT PRESENTATION <br /> Jeffrey Greenberg explained small/start-up food-manufacturing companies currently <br /> scattered around the area, have expressed a need for the aggregation of production <br /> capabilities and services under one roof to enable them to grow into profitable <br /> companies. He proposed to help these small companies develop and grow by providing <br /> the property, plant, equipment and services they need to remain healthy and succeed. <br /> The types of services that will be provided to the entrepreneurs include financial, legal, <br /> and business management. <br /> COUNCIL COMMENT <br /> Councilors Dalton and Council Sackett voiced their support for this BAP. <br /> MOTION: Councilor Jasiak moved to approve Resolution No.18, Series 2012, <br /> seconded by Councilor Loo. Roll call vote was taken. The motion carried by a vote of <br /> 7-0. <br /> • DISCUSSION/DIRECTION — PUBLIC ACCESS STATION MANAGEMENT <br /> CONTRACT <br />