City Council Minutes 2015 07 28 - Laserfiche WebLink

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City Council Meeting Minutes July 28, 2015 Page 21 of 28 Jeff Suffolk, Human Movement, Inc., 1111 South Street, Louisville, CO stated they are very excited about the prospect of moving into the space. This site provides a great opportunity for an office, work, meeting and exercise spaces and general events. The north side of the building has opportunities for retail uses and possibly a bike store. They do not oppose another lease, but have concerns given their proposed investments into the property, and sharing spaces with storage units. They would prefer a single lease situation. COUNCIL COMMENT Mayor Muckle inquired whether there was a comparable industrial lease rate. Economic Development Director DeJong explained due to the age and condition of the structures there are not a lot of comparable lease rates for industrial property. Council member Loo addressed the two proposals and asked if RCL proposed to use the narrow strip of land to access Highway 42. Economic Development Director DeJong explained staff would want an RV access off Empire Road. Council member Loo asked if HMM would prefer not to share space with RCL. Economic Development Director DeJong explained because of their proposed investment into the property, they prefer not to share the property with a storage use business. Mr. Suffolk explained one of their partners Powdr, owns Woodward Action Sports Camps. HMM has a desire to use the 3 -sided building to develop a mini Camp Woodward Action Sports Camp. Alternatively they would use it for storage. He stated it would be difficult to share space with another user and it would provide a security issue. Council member Stolzmann thanked both applicants for their proposals. She supported the HMM proposal and felt it would use the space more holistically and can provide more opportunities for employment. She appreciated the fair process used. She asked if this is a platted property the City will lease. Economic Development Director DeJong stated this property is one lot platted with the Wastewater Treatment Plant. Council member Stolzmann asked if the lease will contain language to show this is a subset of a larger parcel. Economic Development Director DeJong confirmed there will be language to define the leased area. He did not feel a replat was necessary. Council member Stolzmann voiced her concern for the headworks building. Economic Development Director DeJong explained there is fencing to separate the properties. Council member Stolzmann felt it is important for the City to continue to own this property should there be a potential to expand the wastewater treatment plant. She asked if there was any flexibility in the lease. Economic Development Director DeJong stated staff is requesting Council direction on the lease.