City Council Minutes 1993 01 19 - Laserfiche WebLink

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would not favor overturning that vote without a subsequent vote. He is not opposed to developing the corner, as long as there was compensating open space purchased other places. He felt the Pow- Wow grounds would make an interesting trade and would provide a good buffer. He agrees with Lathrop, feeling this could be a potentially important commercial development. Although, he doesn't think it's the only one the City could have. He stated that there are areas on the west side of 96th Street, areas around 96th & Dillon that hold potential, Centennial Valley, and the Biella property. He commented that there is no guarantee that, even if the City bought this land, it would ever return the revenue to the City to make that purchase worthwhile. He stated that if the citizens of Louisville really want commercial development there, go ahead with that. He felt there was no point to try to undercut an agreement that the City is a party to. The City would be breaking an agreement, with very little prospect of being successful. Hornbostel felt that it had been a number of years since this agreement was set forth and the focus needed to be on how this benefits Louisville. She stated that one of the positives of this is that the City of Louisville is going to get, for $150,000.00, open space, a possibility to increase Louisville's waste water treatment plant, permission to build ball fields, which are advantages that the citizens of Louisville want. She commented that in the last four or five years, every survey the City has taken, either open space, open space acquisition, or trails has been in the top five. She didn't believe that Louisville has to develop every square inch of Louisville. She felt that this is the Louisville/Lafayette market. She wants to be in the position of putting Louisville's own economic development out. She commented that she is not into having commercial buildings standing empty. She felt that it is time for Council to say, as with this agreement, that they're trying to plan and keep Louisville's identity. She felt Council had a responsibility to those citizens who have been, for four or five years, asking and requesting that that is where Louisville puts its dollars. She asked Council to recognize it for what it is, a good deal for Louisville. Davidson reviewed that if Council goes through what's here: 1.) 3.) 65.5 shares of Davidson Ditch (junior shares, which aren't a valuable water right to a municipality). Davidson contacted Lastoka's attorney and agent on the property, and Lastoka, explaining that in Davidson's view, due to state statutes, they could force annexation and zoning of that property. That the City, regardless of that agreement, would have to do it. The property owner is choosing not to do that and the City can't make them force the City to do so. What if Louisville decides not to participate? Davidson originally heard that the land was going to be purchased through an article in the newspaper. The County and 17