City Council Agenda and Packet 2013 01 08

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City Council Meeting Minutes December 18, 2012 Page 6 of 17 Fiscal Analysis:Thefiscal impacts of each of the five development scenarios over the next 20 years would produce differing amounts of residential units, and retail, industrial, and office square footage. All five would produce a positive fiscal return to the City. Office uses are sensitive to the Framework choice, while Industrial uses are immune. Staff analysis and recommendation:- Vision Statement and Core Community Values. Staff evaluated five Development Framework Options against the City’s endorsed Vision Statement and Core Community Values and each of the five alternatives meet the intent of the Vision Statement and Core Community Values. Staff believes Options #4 and #5 would serve the City well over the next-20 years. All three address the opportunities and challenges facing the City in the identified areas of change and desired areas of stability. Staff recommendedthe City Council endorse Option #4as the preferred Development Framework to complete the 2012 update of the City’sComprehensive Plan.Option #4 is most likely to promote the City’s Vision and all of the Core Community Values over the next 20years. PUBLIC COMMENTS B.J. Funk II, 1104 Hillside Lane, Louisville, CO supported Option #3.He also supported a housing development similar to Hillside north of Centennial. He addressed the commercial occupancy rate along Centennial and asked whether mixed use was appropriate in this economy. Chuck Stout, 1169 Hillside Lane, Louisville, CO statedhisjob takes him throughout Boulder County, but he chose to live in Louisville and loves the community. He supported theComprehensive Plan Update public process andthe 3-urban center concept, because itprovidesa sense of community throughout the City. He opposed openingup the residential possibilities all at onceand recommended a sequencing approach. He trusted Council to make a good decision on behalf of the citizens. Sid Vinall, 544 Leader Circle, Louisville, CO stated heleft Boulder to live in a quiet community. He thought the community had quadrupled in 30 yearsandwondered if adding multi-family units along McCaslin was a good idea. He supported a small town character, andasked Council to keep those values in mind. Ken Genecht, Louisville, CO, a 19yearresident of Louisville, voiced his support for the recommendations made by the first two speakers. B.J. Wakely, 1164 Hillside Lane, Louisville, CO suggested going forward with Options #1, #2 , #3, thenanalyzing those options before moving on to Option #4. He opposed the apartment complexes along McCaslin. John Leary, 1116 LaFarge, Louisville, CO stated the planis calling for changes the marketplace cannot accommodate for manyyearsand calling for the massive changes 21