City Council Agenda and Packet 2015 05 19

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City Council Meeting Minutes May 5, 2015 Page 12 of 33 Council member Stolzmann commented she did not favor a fence at 25' out. She did not see the benefit. She asked when the financial options are brought back she would like to see the Urban Renewal Authority provide money to address some of the cost overruns. Mayor Muckle asked if the agreement with Urban Renewal Authority is they will pay for half of the cost of the underpass. Economic Development Director DeJong stated the agreement is for the Louisville Revitalization Commission (LRC) to pay for half of the cost outside the stormwater improvements projects. If it is greater than the $1.3 Million Dollars, the LRC will review the cost increase. PUBLIC COMMENT Sherry Sommers, 910 S. Palisade Court, Louisville, CO stated her understanding there would be benefits, trails easements, urban renewal funding, but inquired why this particular spot was chosen, when there are other competing intersections that appears to have more traffic. Randy Caranci, 441 Elk Trail, Louisville, CO reported meeting with City Manager Fleming this afternoon. He was still not sure where the negotiations currently are in connection with his lease. He noted he has a 28' setback from his building to the east. He would be giving up 3' if this fence goes forward. Planning and Building Safety Director Russ explained in the negotiations with the railroad, the Caranci property was never represented because the City was representing downtown interests. The agreement with Caranci and Hartronft was a common interest to make the railroad parking (easement parking) as large as possible. There is not a lease agreement in terms of the land, as the City did not want to renegotiate the Caranci lease with the railroad. Randy Caranci asked that the City keep them informed with respect to the railroad negotiations. He stated the City Manager assured him there were no negotiations, just emails and phone calls. He stated his understanding this is for the South Street Underpass. He was asked last year to give up his lease to get additional parking. He stated the setback from the centerline of the railroad tracks running south from Caledonia Street to Pine Street is 18', but from Pine Street south it is 25'. His current lease allows for a 22' setback. He would be giving up 3'. He wanted to see this project move forward. They hope to be part of discussions and City Manager Fleming has agreed to keep them informed. Bruce MacKenzie, 1612 Cottonwood Drive, Louisville, CO inquired about the cost of this project for the City of Louisville. COUNCIL COMMENTS 43