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Shipman stated that all of their projects collect sales tax, so that was not an issue. He felt nothing <br />had been brought up at this meeting that was a new issue and had not been discussed, covered, and <br />answered at the last meeting. <br /> <br />Gregg Plouff, 125 Lincoln Avenue, Security Capital, stated that the plans had been revised for 1.1 <br />parking spaces/room and the number of rooms had been decreased by four. The project will have a <br />sprinkling system for fire safety, although not required. He stated that they will take the word <br />"efficiency" off of their sign. As far as the police calls at other facilities, most were false alarms. <br />They are a long term owner and not franchised. They currently have 292 direct billed accounts, with <br />one-third being active. He reviewed the project. <br /> <br />Davidson called for Council comments. <br /> <br />Mayer felt the confusion was in the use. He did not feel the length of stay was enforceable. He felt <br />that this might some day become a multi-family project/use. <br /> <br />Sisk shared Mayer's concerns. <br /> <br />Shonkwiler pointed out that the underlying land use document for this project is the three party <br />Interchange Agreement among Homart, the City of Louisville, and the Department of Transportation <br />for the State of Colorado. Incorporated in the document was the prohibition of any additional <br />housing units on this land over 1,120. The only way anyone can change the use of this property from <br />hotel use to residential multi-family use is to amend the Interchange Agreement by the State Highway <br />Commission to the Colorado Department of Transportation, which is subject to some legislation, get <br />approval of the Mayor and Council, and get approval of the developer (Homart). Since this <br />document runs with the land, any land owner who lives in Centennial Valley, including any property <br />or home owner has standing to sue to enforce that document. Beyond that, the Amended and <br />Restated Development Agreement would need to be amended by Mayor and Council and the <br />developer for which any property owner in Centennial Valley has standing to sue. The PUD and the <br />General Development Plan would have to be amended. He stated that this use is a permitted use, not <br />a use-by-right. <br /> <br />Lathrop did not feel the developers would invest the tremendous amount of money and commit to <br />invest more, to develop a "sleeze bag" facility. His only reservation was no mention of protection <br />from an independent patrolling agency as assistance to the Louisville Police Department. <br /> <br />Keany repeated comments from the last meeting as to why this project was multi-family: limited office <br />hours, cooking facilities, weekly maid service, long term rental (weekly or monthly), and three <br />buildings. He stated that all of those things related to a motel because that is what his grandparents <br />ran in Florida for 20 years. He felt it would bring tremendous benefits to Louisville. <br /> <br />Davidson stated that the Police Chiefs recommendation was that the number of people in an <br />individual room should be limited. <br /> <br />7 <br /> <br /> <br />