City Council Agenda and Packet 2015 09 01

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City Council Meeting Minutes August 18, 2015 Page 11 of 18 be a quasi - judicial action; Council should not discuss the substance or merits of a rezoning as part of this agenda item. 3) Encourage a retail use by addressing the blighting factors through an Urban Renewal Plan. The LRC would develop and approve a project description; issue RFP to solicit proposals for redevelopment, such proposals could come from any interested parties including the property owner, interested retailers and /or developers. Negotiate a proposed redevelopment agreement. Submit the proposed redevelopment agreement to City Council for approval and if approved, execute the redevelopment agreement. Cooperation Agreement: City and LRC have an agreement first approved in 2006 and amended in 2011. The proposed changes to reflect multiple UR Plan areas in the City are as follows; 1) Section 5.c and 5.d to confirm City Council approval of redevelopment agreements. 2). Section 10 to clarify any UR Plan Area is covered by the Agreement. 3) Section 16 to reflect LRC's bylaws have been revised. 4) Section 4.a revised to update Costs and Expenses balance (Small amount of expenses not paid at end of 2014 were paid in early 2015). Staff Recommendation: Staff recommended Council approve Resolution No. 58, Series 2015, which approves the 550 S. McCaslin Urban Renewal Area and Resolution No. 59, Series 2015, the approval of the Amended and Restated Cooperation Agreement between the City of Louisville and the Louisville Revitalization Commission. COUNCL COMMENTS Council member Leh expressed his thanks to the City staff for their work and the presentation. He inquired about a reference in the 550 South McCaslin Urban Renewal Plan relative to the small area plan and asked if it was staff's intent to include the urban renewal plan in the McCaslin Small Area Plan. Economic Development Director DeJong confirmed it was staff's intention to include in the urban renewal plan reference to the small area plan. Staff wants the ability for the urban renewal plan to adjust to the results of the small area plan and to encourage the desired redevelopment in the area, should the small area plan encourage such redevelopment. Council member Leh inquired about 2.7.2 of the plan, which states "It is the intent of this Plan that LRC "shall" exercise all such powers as may now be possessed or hereafter granted to LRC for the elimination of qualifying conditions within the Plan Area ". He was concerned about the mandatory language of "shall" to exercise their powers. He inquired about the purpose for requiring mandatory language. City Attorney Light noted he and Special Counsel Malcolm Murray were available to respond to Council's questions. He explained the word "shall" expresses the intent of 28