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<br /> <br />McDermott asked if any work had been done to evaluate the revenue flow to cost flow. <br />Wood replied that each department had been asked to provide the cost estimates to Laus to be <br />used in the Fiscal Analysis. <br />McDermott asked if it was on a yearly basis. <br />Wood stated that it was annualized and broken down annually for 20 years. He also stated that <br />they had been given directions to be conservative with the analysis. <br /> <br />Lipton asked if a present value fiscal analysis had been considered, also considering the costs of <br />debt financing of capital improvements. Lipton also requested that the Wood invite the Finance <br />Director to review the analysis before the Planning Commission as the next meeting. <br /> <br />Kalish stated she had a multiple point question. Does the current 1998 Comprehensive Plan <br />address the 80-acre parcel as non-residential and does that include the Paradise Lane area. Does <br />the City have an IGA with Boulder County and Paradise Lane? <br />Wood stated that in 1999 the area was designated as Rural Preservation as part of the Southeast <br />th <br />Boulder County, 96 St. IGA <br /> <br />Lipton asked if we change the Rural Preservation designation then do we need to amend the IGA. <br />Wood replied that Paradise Lane is not part of the scope for this evening. There is a buffer zone <br />for Paradise Lane. <br /> <br />Kalish asked if all of the IGA’s had been addressed relative to these applications. <br />Wood replied that the appropriate agencies have had referrals sent but we have not received <br />comments from all of the agencies. <br /> <br />Lipton stated that the Commissioners had no further questions at this time and requested that <br />Wood continue with the remainder of the staff report. <br /> <br />Case #03-015-AX/ZN and #03-016-ZN <br /> <br />Wood reported that the Staff had prepared one staff report for the zoning requests because many <br />of same issues need to be addressed for both. <br /> <br />Wood stated that the subject property includes a 310-acre collection of parcels, which are already <br />in the Louisville City limits and zoned City of Louisville Agriculture and Industrial, along with an <br />80-acre parcel at the northeast corner of the STK campus, which is currently zoned Agricultural <br />in Boulder County. The existing STK campus was annexed to the City in 1978 and partially <br />developed with their corporate and manufacturing facilities. Since then several buildings have <br />been reviewed and approved through the City’s Planned Unit Development (PUD) process. The <br />80-acre unincorporated parcel is largely undeveloped, other than some maintenance facilities. <br />With the exception of Building 6, none of the property has ever been subdivided, either through <br />the County or the City. Any additional development or redevelopment of the land will require <br />review through the City’s subdivision and PUD processes. Because the property has not been <br />subdivided, public use dedication requirements have not been met, which is an issue that would be <br /> <br />7 <br /> <br />