Revitalization Commission Agenda and Packet 2015 05 11

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Revitalization Commission Minutes April 13, 2015 Page 4 of 5 LRC in light of its possible passage. The legislative session ends May 6 so staff will know more at the next LRC meeting and be prepared to discuss next steps if HB #1348 moves forward. e. Construction Defect Liability Legislation Update A bill amending the construction defects law is being discussed in the Legislature. The proposal makes tweaks to conditions that make construction defect. The bill creates extra hoops to jump through to pursue resolution of disputes involving defects. Speaker of the House has concerns. Voting appears to be along party lines. Commissioner Gorsevski would like to point out the other side sees it is not minor tweaks; that it is pro - developer. If we are asked to take a view, we should be mindful of other perspectives. City did not take a position. f. Update to TIF Projection Model DeJong reviewed changed made to the TIF projections presented on March 9, 2015. The model is a tool or indicator to give insight into decision making. There are some numbers that are known and some are not known. DeJong thanked Commissioner Fisher for his help on the update. Commissioner Menaker would like to know what happens if DELO Plaza comes out. Commissioner Lathrop looked at funding for other projects and finds that it maintains a healthy balance. Public Comments: None Commissioners' Comments — Bob Tofte — can DELO /RMCS provide elevation view from Griffith St. for next meeting. Surprised at how close buildings are to Griffith St. New items for next meeting and future agendas: • Urban Renewal Legislation o hear analysis and guidance o declare intent to support projects to minimize or eliminate impact of proposed legislation • TIF Spreadsheet — what happens if DELO Plaza comes off — if DELO Plaza does not happen. Also moving Coal Creek Station out. 5