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HIGHWAY 42 REVITALIZATION AREA UPDATE SENIOR TAX REBATES e City continues to move forward on several tasks to implement the AVAILABLE Highway 42 Revitalization Area Comprehensive Plan, adopted by City Council in September 2003. The following is an update on those tasks. August 1 through December US 36 Environmental Impact Statement (EIS): The Colorado 31, the City of Louisville is Department of Transportation and the Regional Transit District are jointly offering a Property Tax Rebate for studying various options for improving transportation mobility in the US 36 seniors. Corridor. Commuter rail continues to be one of the potential improvements and To qualify for the Property Tax includes a station in Downtown Louisville,within the Highway 42 Revitalization Rebate, persons must meet all of Area.The EIS project team has conducted various public meetings presenting their draft findings. the following requirements: In relation to the City's Highway 42 plan,the current concept plan proposed 1. The applicant or his/her for the Louisville rail station is very similar to what was shown in the City's spouse must be 65 years of age Highway 42 planning documents. However, some station design issues that are or older. being reviewed through the EIS process include the following: 2. The applicant must have • number of parking spaces for the station been a resident of the City of • feasibility of a vehicle underpass at South Street Louisville for some part of the • location and design of station platforms,including a new station year 2003. Only one allowance platform on the west side of the tracks shall be paid to any resident or • noise impacts on any dwelling for the tax year. • impacts on the local street system surrounding the station location 3. The applicant or his/her The US 36 transportation options are currently being evaluated on the basis of spouse must have paid property performance (travel times), cost (capital and operations), and impacts (human and taxes, or rent, on a dwelling unit environmental).The next round of public meetings is tentatively scheduled for in which he/she lived, and upon September to solicit public input. If you are interested in obtaining more which property taxes were information, please visit the US 36 EIS Website (www.us36eis.com) or call assessed, for all or part of the 800.367.9260. Concept plans for the station are also available for review at 2003 calendar year. Louisville City Hall. Brownfields Grant: On June 15, the City was notified that it is a recipient of Persons meeting these a 2004 US Environmental Protection Agency Brownfields Grant. The funds will qualifications may file. You must be used to assist commercial and industrial property owners within the study area bring in your property tax receipt or in completing environmental assessments of their properties and preparing cancelled check to the City Clerk's cleanup plans if needed. Office, 749 Main Street, first floor, Zoning and Design Guidelines: In March,the City contracted with Clarion when filing. You may call the Associates and Civitas,Inc. for the preparation of new zoning regulations and Boulder County Treasurer's Office design guidelines for the Highway 42 planning area.The consultants presented at 303.441.3520 to obtain a tax their recommendations for a course of action in June and July and those receipt. recommendations will be reviewed and acted upon by the project Working Applicants who are 65 years of Group this summer. Potential zoning code ordinance amendments are scheduled age or older may also receive a for formal Planning Commission and City Council consideration at the end of 2004 and early 2005. Water Use Rebate. To qualify, Urban Renewal Authority. In March, the Mayor and City Council appointed your total household income, five members to the newly created Urban Renewal Authority (URA). Using excluding Social Security and Black Urban Renewal allows the City to employ tax increment financing as one means Lung Pension, must be less than of financing new public improvements in the area. The URA held its first meeting $12,000 for the 2003 calendar year. in early June.Later in the year,they will be begin to define the physical boundaries For additional information, of an Urban Renewal District and draft and review an Urban Renewal Plan. please contact Carol Hanson at As always,please visit the City's website at www.ci.louisville.co.us for additional 303.335.4574 or information or contact Ken Johnstone at 303.335.4591 or hansonc @ci.louisville.co.us. johnstk@ci.louisville.co.us. August/September 2004 I