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COMPREHENSIVE PLAN UPDATE 2005 BUDGET TO Are you interested in the future of your Community? If you are, get involved in BE APPROVED the Comprehensive Plan. ^ s required by the City of In March, the City Council initiated a project to complete a thorough ouisville's Home Rule update to the City's Comprehensive Plan. The Plan is a policy and planning Charter' the proposed budget for document that guides many of our community's land use, transportation, open space, and public facility master planning decisions. 2005 was submitted to the City Other topics that will be covered in the Plan include housing, economic Council on October 19, and a development, community character and urban design, public utilities and public hearing was held November public facilities. A housing inventory has been completed as has a market 3. The City continues to experience study of the area. Those are posted on the City's web site at a reduction in revenues resulting www.ci.louisville.co.us. from increased competition for Seven "opportunity areas" have been identified within the City. We sales tax dollars from neighboring believe these areas may undergo change in the coming 5, 10, or 20 years. communities and lower usage of Northeast Louisville, the South Subarea (StorageTek, Monarch School the Recreation/Senior Center Campus), and the Centennial Valley/McCaslin Boulevard corridor are three facilities. In addition, slow residen of those opportunity areas. Some of the land use scenarios being consid teal and commercial development ered include the addition of medium to higher density housing in the throughout the City has reduced Centennial Valley/ McCaslin Boulevard area, the introduction of regional overall development revenues. As a retail in the South Subarea, and the creation of more diversity in housing result, reductions will be made to options in several of the opportunity areas. some of the programs and services Alternative land use scenarios have been created for these opportunity provided by the City areas and have been evaluated to understand fiscal and transportation At press time, these decisions impacts as well as impacts on municipal facilities, including parks, and had not been finalized, but copies schools. Understanding the costs and benefits of the alternatives will assist of the proposed 2005 operating and in the development of a final preferred land use plan for the City's future. capital budgets are available for The third in a series of public workshops was held in November. Prior review in the City Clerk's office at to that, over 100 members of the community were interviewed individu the City Hall and at the Louisville ally or in small groups. Public input continues to be critical to the project Public Library. A copy of the City and additional public hearings will be held before the Planning Commission Manager's letter to the City Council and City Council. We strongly encourage your participation! summarizing the budget has been If you would like to know more, please visit the City's website at posted on the City's web site at www.ci.louisville.co.us. www.ci.louisville.co.us. You may also send email comments to complan @ci.louisville.co.us or call the Planning Department at For further information, please 303.335.4592. contact Patty Leslie, Finance Director, at 303.335.4505. NEW LIBRARY UPDATE panning and design for the new Louisville Public Library continues.The City Council recently authorized the hiring of Adolphson &Peterson as the Construction Manager/General Contractor (CM/GC) for the project. The CM/GC will assist with cost estimating and value engineering to ensure that the project design and construction will fall within the$7.4 million budget set by the Louisville voters. The City staff will also work with the CM/GC and downtown businesses to prepare a parking plan to be used during the construction project. Upon completion of the parking plan, an application for final approval of the building plans will be submitted to the Planning Commission for consideration. Construction on the library building is expected to begin in March 2005 and continue for approximately 13 months. For more information about the library project,including meeting dates and drawings of the preliminary plans,please visit the City's website at www.ci.louisville.co.us or call Julie Boyd, Deputy City Manager, at 303.335.4531. December 2004 - January 2005 I 2