City Council Minutes 2007 08 07 - Laserfiche WebLink

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City Council Meeting Minutes August 7, 2007 Page 7 of 14 Mayor Pro Tem Brown reviewred the history of the planning for the Highway 42 area. He stated one of the critical components of the plan was the placement of the Rail Station so as not to displace residential properties. Council member Yarnell asked if residential units within mixed use development are prohibited on the main floor. Wood confirmed they are not permitted. Mayor Sisk explained the plain provides for an evolution from industrial to commercial and residential for atransportation-orientated development. He applauded the new allowancE; for expansion of industrial use up to 25% and stressed the importance of moving forward. He supported green building and walk-able development. Mayor Pro Tem Brown noted the Revitalization Plan for this area was formulated before FasTracks. He addressed the parking issues and supported incentives for underground parking. He stated his understanding that an existing use could remain in perpetuity if the property was not altered over 25% of its value. Council member Marsella also supported incentives for underground parking and voiced her appreciation for the proposed amendments to the Plan. PUBLIC COMMENTS Elizabeth Law-Evans, 721 Cottonwood Drive, Broomfield, CO stated she represents Boom LLC and referred to her August 7 memorandum to Planning Director Wood. She complimented Staff, the Planning Commission and Wood on the Plan. She voiced her support for the project and for not limiting the uses of existing property. She addressed the expansions of industrial properties and suggested there may not be imany requests for expansions. John Leary, 1116 LaFarge Avenue, Louisville, CO felt Industrial interests should be allowed full use of their property, but agreed some will wish to rezone their property. He disagreed with the zoning classifications and the presentation of it as an extension of the downtown corridor. He addressed the financial analysis and stated those studies were flawed. He stated there is no evidence the mixed- use proposal of this plan is fiinancially feasible and suggested a study be done to see what is feasible for this site. Kent Bagley, 90 Madison Street, Denver, CO stated he represents Aggregate Industries, which is the concrete batch plant. He explained the plant is a 5-acre parcel within the 20-acre redevelopment area and is the future site for the Rail Station. He reported on recent meetings with RTD, and stressed this site is a critical component for the Rail Station. He stated Aggregate Industries supports the Plan and looks forward to working with the City Council on this project.