City Council Minutes 2003 12 16 - Laserfiche WebLink

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Louisville City Council Meeting December 16, 2003 Page 9 of 18 Council member Keany had questions for Planning Director Wood relative to zoning and the control over density of the project. Wood stated the General Development Plan would specify the density by district. Council member Keany had questions for Public Works Director Phare relative to STK's 6-inch water tap, sewer rates, and the raw water master plan. Phare stated there is a different rate for non-residential and residential. With regard to the raw water master plan, the STK parcel was identified as non-residential. Council member Keany asked if there has been any discussion relative to change in the height restriction. Wood stated that the applicant was asked to demonstrate where the variances would be warranted, however, Staff has not agreed to any variance to the City's guidelines. Council member Keany asked the City Manager if there has been any suggestion by Staff relative to the tax increments. Simmons stated no. Council member Marsella asked for clarification on whether senior housing would be included in the total units of 1080. Ament stated the base permits are anything up to 1080, however, the senior housing is not intended to included in the 1080 units. She addressed the tax increment issue and stated the question is whether the City of Louisville or the developer would pay to build the off-site improvements. City Manager Simmons clarified the City Staff never suggested tax incentive financing. Ament confirmed his statement. Mayor Davidson addressed special improvement district and asked Planning Director Wood to compare the STK requests to those of Centennial Valley. Wood estimated Centennial Valley was a large development and he was not aware of requests for rebates or establishment of special districts. Mayor Davidson addressed the PCZD zoning and asked for a scope of businesses that would be permitted and prohibited. Wood stated the scope would include services and noted there is a list of prohibited uses on the property that would not be consistent with the character of the zoning. There was discussion relative to the type of retail businesses that would generate sales tax revenue. Mayor Davidson voiced his conCern over the issues of 280 permits plus senior housing, the projection for sales tax, and the discussion relative to the formation of an urban renewal authority. City Attorney Light explained the Tax Increment Financing (TIF) mechanism provides a base unit. If sales tax is collected over the base, the urban renewal authority is entitled to a percentage. The statute addresses urban renewal authority and the description of blight include slum, inadequacy of streets, deterioration of site, dangerous building, and inadequate of facilities. 9