City Council Minutes 2002 02 12 - Laserfiche WebLink

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Louisville Special City Council Meeting February 12, 2002 Page 7 Several merchants voiced concern that a $5,600 fee per parking space would be too high. Brown suggested that the first fifty parking spaces be given without costs. Tienken asked if a lower fee could be established and then revisited at a later date to determine if it is viable. Sisk offered a friendly amendment that the cost per parking space should be $3,600. Van Pelt accepted the amendment. Brown offered friendly amendment that it be per project, and be accumulative and private. Van Pelt and Sisk accepted the amendment. Mayer suggested that with the two exemptions, the fee does not necessarily need to be reduced. Sisk stated that the City should be do both as a good faith gesture. VOTE: All in favor. Brown stated that there has been a great deal of discussion relative to the downtown parking issue. He thanked the retail merchants and suggested a partnership between the City and the Downtown Business Association. Mayer offered a footnote: The two space exemptions are being subsidized by the City, therefore some input or control should be placed on two/three story, or large projects. Grasso requested that Arlin Lehman be reimbursed for the parking fees paid to the City. Levihn stated that he preferred to subsidize the downtown area now, rather than later, when it could be too late. DISCUSSION/DIRECTION - PROPOSED SALES TAX ORDINANCE Finance Director Dianne Ray introduced Penney Bolte, the City's new Sales Tax Coordinator. She reviewed the proposed Sales Tax Ordinance and stated Colorado Municipal League's (CML) "Municipal Sales and Use Taxes" was used as a guide for requirements, options and recommendations. The Cities of Golden and Loveland municipal codes were also used as examples. Ray stated that the goal in creating the document was to 1) create a comprehensive document, and 2) to keep the calculations in conformity with the state. The definition section lists all the definitions previously referred to by state statute. New definitions have been added from the CML recommendations. The taxable transactions (Sales Tax) are a comprehensive list of items that are taxable. The taxable based remains the same as the existing ordinance. The City has created a separate section for those exceptions that the state has created that are still taxable. With respect to vendor fees and the cost of the sales tax license, staff 7