Revitalization Commission Agenda and Packet 2014 09 08

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Revitalization Commission Minutes August 11, 2014 Page 5 of 6 City Manager Fleming said the LRC has agreed to fund the project to a certain level. He has an issue with using URA wide money to pay for specific property improvement. Commissioner Menaker said if we don't believe what we are doing in the URA benefits the entire community we shouldn't be doing it. Fleming said that regional detention provides specific benefit to property. Mayor Muckle said property owners should contribute. The LRC is substantially defraying cost. He supports the LRC fronting money then seeking reimbursement as development happens. Chair Becker asked how much maintenance is involved. Commissioner Menaker said City Council discussed this: there are not maintenance costs. Commissioner Menaker said he is not supportive of backfilling from property owners. Commissioner Tofte asked what the pro rata share would be. He disagrees with Commissioner Menaker; he does not have a problem asking for a nominal amount from property owners. Regional detention frees up more of their property for development. Chair Becker said regional detention is in -line with the LRC mission. It allows the DELO project to provide a better public space. Commissioner Menaker said if you remove the requirement for individual detention and allow more development it will create stimulus. Chair Becker stated he believes the LRC needs to commit funding. Commissioner Fisher said the path of least resistance is for us to do regional detention. He feels it would be difficult to compute the amount for reimbursement from property owners. He does not want regional detention to hold up the project. He is in favor of moving forward. Commissioner Tofte does not want to slow the project down. He is fine with moving forward. City Manager Fleming said there are good arguments on both sides. The political argument will come up but he feels we should be able to come up with the funds. Randy Caranci stated he believes the LRC needs to move forward. Mayor Muckle supports the LRC spending the money to build regional detention and would like staff to develop a mechanism for schedule of repayment.