City Council Minutes 2015 03 17 - Laserfiche WebLink

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City Council Meeting Minutes March 17, 2015 Page 10 of 31 He discussed the value of Art and the goal to bring more beauty and more joy to the City of Louisville. Council member Loo asked if they are also looking in Lafayette. Mr. Bruss explained they have a backup plan if this development does not go through. Council member Loo inquired about the synergy between the Art Underground the Artists Co- Housing. Mr. Bruss noted there was no connection with Art Underground other than the arts. They have a different mission, vision and purpose. They area housing project and Arts Underground is an educational arts organization. They support working with the Art Underground to create arts and events, but there is no necessity to work with them in order to make their housing project successful. He stated this is a housing project to provide a community for artists to work and live. There is no financial or legal connection between the two entities. Council member Loo asked Mr.. Alexander about the artist co- housing statement in the BCHA memorandum relative to daylighting windows and high ceilings. She explained her constituents saw it as subsidizing artists and asked if the studio type space was still a component. Norrie Boyd, with BCHA, noted the idea of spinning off the arts being the guiding force would not be possible, however, during the community meetings, seniors wanted a place to do crafts or workshop space. They are now looking at value engineering for the entire construction project and still try to incorporate quality but had to cut some of the original elements to reduce costs. There will be a community room available for residents, which will also be used for events. Council member Loo asked if the. 3,500 SF community room was in concert with Art Underground. Norrie Boyd explained the community room is for the benefit of the residents of the affordable housing project. Mr. Alexander noted since Art Underground is no longer a part of the project, any of the spaces they were to be a part of, were no longer being built as such Council member Loo expressed concern about the report being out of date and getting the economic analysis this evening. She felt the economic analysis was the most negative she had ever seen. Cindy Bedell, 662 W. Willow St., Louisville, CO noted the City's increase in sales tax revenue in 2014 and the number of residential units already being built. She felt the public did not want more high density housing but asked Council to approve only senior and affordable units. She asked for clarification on how affordable units would reduce transportation demands. Steve Anderson noted affordable housing is part of plans in many communities.. He supported the idea of affordable housing and was certain the need exists in Louisville. He encouraged Council to fund this to the extent they could.