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Howard wanted the "negatives" of this project. <br /> <br />Bellock felt it was school overcrowding. He stated that almost 40% of their sales are to existing City <br />of Louisville residents. He viewed the project's proximity to downtown as a plus. <br /> <br />Sisk thought there were 191 acres purchased and wondered where the other 20 acres disappeared to. <br /> <br />Bellock stated that it was the 20 acres at the comer of 104th and Dillon Road and it would remain <br />commercial. It is not part of this application. It is zoned Commercial and in the City of Louisville. <br /> <br />Sisk wondered what the stages of development would be. <br /> <br />Bellock stated that it would be in late fall before approvals are obtained, with final platting left to do. <br />Construction would not begin until approximately this time next year, with house construction <br />beginning some time later, with possibly up to 20 homes being occupied in latter 1995. He explained <br />that 32 +/- acres would be open space. <br /> <br />Lathrop was concerned about the overcrowded schools and asked Bellock to address that. <br /> <br />Bellock stated that getting any more school capacity that is going to serve Louisville must come fi.om <br />the County. He felt that if the general population is asked to review and vote on any new bonds, and <br />if the cities had not moved forward to create examples where projects are making a contribution to <br />this problem, it is a tougher sell. He wanted a precedent in place. He stated that they move forward <br />at their own risk, recognizing that Council will view the bond election as being significant to the <br />authorization of this project to proceed. <br /> <br />Lathrop stated that one of the things he will be looking for down the road would be Knollwood <br />Drive being only 32' wide, the transition from the four lane existing Cherry Street to what will be a <br />wide two lane Cherry Street at the Daughenbaugh property, and the city receiving help with the <br />moving and adjusting of several irrigation ditches and structures. <br /> <br />Davidson wondered ifBellock was expecting any reimbursement or credit against city fees from the <br />city for the landscaping, improvements, parks, trail connections, etc. <br /> <br />Bellock: <br /> <br />No, we are not. That lack of expectation for recovery <br />would also apply to the 104th Street improvements, <br />which typically are recoverable through your Major <br />Thoroughfare Fund Fee. We would waive that. <br /> <br />Davidson wondered if they were able to live within the limits of the growth Resolution No. 36. <br /> <br />Bellock: Yes. <br /> <br /> <br />