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Louisville City Council Meeting <br />December 4, 2001 <br />Page 12 <br /> <br />City Attorney Light stated that Wood's statement was correct with respect to the property <br />outside of CTC Filing One. He noted that Filing One had some specific provisions in the <br />Annexation Agreement that required dedication at the time of annexation for the open <br />space dedication, and an agreed upon amount specifically stated in the Annexation <br />Agreement for the balance of Filing One. Outside of Filing One, there is a general <br />requirement of the City Code of cash in-lieu at the time of subdivision. <br /> <br />Davidson asked City Attorney Light if the applicant's request to modify the open space <br />dedication could be changed by resolution. City Attorney Light stated that an ordinance <br />can only be modified by ordinance. <br /> <br />Light stated that the applicant has raised a question of the meaning of incorporating the <br />City Code into the Annexation Agreement. The applicant's position is that it ambiguous <br />in setting a time for the valuation of the property. Light stated that nothing in those <br />documents concludes that the property be valued at the time of annexation. He noted that <br />the Annexation Agreement seems to be unambiguous and resolves any time issues. He <br />stated that the appraisal would be done at a time upon development of subdivision of the <br />property, at which time the cash in-lieu issue would be dealt with. Light stated that the <br />underlying ordinance was not changed as it applies to this property. <br /> <br />Davidson asked if the ordinance is changed to reflect the appraisal time for the valuation <br />of this property, wouldn't it have to been done for all property owners. Light stated that <br />the ordinance is a legislative act that requires uniformity on all properties. He noted that <br />Council has the authority to initiate development agreements. <br /> <br />Davidson asked Planning Director Wood if an automotive use is compatible with the <br />surrounding development. He referenced a letter of objection filed by Koebel and <br />Company. <br /> <br />Wood stated that, based on the applicant compliance with the design modifications <br />requested, the Planning Commission recommended approval of the Special Review Use. <br /> <br />Davidson stated that based on the Koebel and Company letter, they still object to the <br />SRU, in spite of compliance of the recommended modifications. He asked Wood how <br />the SRU is compatible with other developments. Wood voiced his opinion that based on <br />the modifications made, the 3,700 SF will not impact other developments. <br /> <br />Davidson asked about the shared access with Koebel and Company, and noted that their <br />letter referenced objections. Pederson stated that the final resolution with Koebel and <br />Company is that they prefer not to have an automotive use on the site. He stated that <br />Koebel and Company have commercial property near Lowe's, which could be developed <br />for automotive uses. Pedersen stated that they have agreed to pay 100% of the shared <br />access. If Koebel and Company develops their site beyond the next five years, they would <br />not be required to make reimbursement. <br /> <br />12 <br /> <br /> <br />