City Council Minutes 2014 07 15 - Laserfiche WebLink

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City Council Meeting Minutes July 15, 2014 Page 11 of 21 • Observed during the field survey and also using parcel maps from Boulder County Assessor • Lot configuration results in former Sam's Club building being narrow and deep with respect to the front entrance, rather than shallow and wide • Building orientation makes it difficult to partition effectively; resulting spaces would be too narrow and deep for adequate retail layout • Other non - retail uses that might be compatible with a deep, narrow layout are prohibited Deterioration of Site and Other Improvements: • Facility is 127,000 SF with a 660+ car parking lot, requiring significant upkeep expenses • Currently the building is only used during a small portion of time by a community church, which does not generate the revenue needed for full maintenance • Potholes, cracked parking curbs, and other signs of lower maintenance levels are evident Defective or unusual conditions of title rendering the title non - marketable • Developed in 1990s as part of a retail center • Restrictive covenants put in place at the time of development to limit competition between tenants and sharply limit entertainment uses • Most notable restrictions is no grocer is allowed to compete with Albertson's • More broad restrictions put in place during sale from Sam's Club to current owners after store closed • No stores selling a range of merchandise "at a discount" allowed, which is the use for which the site was originally developed • Additional restrictions on entertainment uses put in place during recent sale • Viable tenants who would fully utilize the property would likely be prevented from doing so by the covenants PUBLIC COMMENTS Michael Menaker, 1827 W. Choke Cherry Drive, Louisville, CO noted he is a member of the Louisville Revitalization Commission and is a Tong -term advocate of using urban renewal for redevelopment, but opposed moving forward with this proposal. He noted Albertsons has been a good neighbor and he does not want a super grocery store to move next door. He felt the study was not broad enough as it only deals with the Sam's Club site and does not address access, signage or visibility. He noted the property recently sold and the new owner knew of all the covenants and restrictions against property. He felt the Sam's Club property was blighted, but suggested having a broader conversation about rezoning the property for other uses. He would favor a discussion on using TIF money only for redeveloping this site or a larger site. COUNCIL COMMENTS