City Council Minutes 2012 10 02 - Laserfiche WebLink

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City Council Meeting Minutes October 2, 2012 Page 4 of 13 Planning Director Russ stated the next steps in the process will be to present the scenarios at public meetings and receive feedback. The Comprehensive Plan will then be submitted to Council for their review. COUNCIL COMMENTS Mayor Pro Tem Dalton complimented the Planning staff for the Comprehensive Plan Update process, the graphics and the design concepts. Mayor Muckle voiced his appreciation to the Planning staff for their work and public engagement. He encouraged staff to work on small town core values such as a workable and livable community and on the fiscal model for the Comprehensive Plan Update. Planning Director Russ explained the City is working with TischlerBise Consulting on the fiscal analysis, which will be included in the draft fiscal model presented in a few weeks. BI-MONTHLY ECONOMIC DEVELOPMENT UPDATE Mayor Muckle requested a staff presentation. Economic Development Director DeJong updated Council on the economic developments in Louisville as follows: • Safeway Site — Developer Jim Loftus resubmitted a development proposal for 110-120 market rate apartments and 32,000 SF of Commercial, with Alfalfa's Market as the main prospective tenant. Staff is working on an incentive package. • Sam's Club Property—The Director of Building Dispositions will be visiting Louisville this month to discuss the property. • CTC Metropolitan District —The CTC Metro District refinanced their debt to obtain lower interest rates, providing funding to assist in improvements in the area. • Highway 42 Revitalization —The Louisville Revitalization Commission (LRC) is conducting a financial analysis of its ability to assist in infrastructure improvements to remove blight. • Downtown Updates —A full-scale model of new Main Street patios will be displayed downtown in late October to get input from businesses and residents. The goal is easy to move and store, minimal maintenance, and lasts 10-20 years.