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Davidson felt the major "negatives" were that this project did not connect very well to Louisville, it <br />is currently zoned Commercial, which generates more revenue, and the over crowded schools. <br /> <br />Mayer agreed with Davidson's comments and he wanted more inducements. <br /> <br />Keany wanted the visual impact of rows of houses along 104th and Hwy. 42 buffered through <br />abundant landscaping. He suggested shifting some of the density along 104th to a different portion <br />of the property. <br /> <br />Howard wondered if Bellock would be willing not to produce more than 20 homes before 1995, as <br />one of the preconditions to continuing on and/or discuss this at Planning Commission.. <br /> <br />Bellock agreed. <br /> <br />Mayer moved that Council forward the preliminary Development Plan, preliminary Subdivision Plat, <br />and preliminary PUD to the Planning Commission with Council comments. Seconded by Howard. <br />Roll call was taken. Motion passed by a 6 - 1 vote with Sisk voting against. <br /> <br />DISCUSSION/DIRECTION - FOURTH AMENDMENT TO THE HOMART <br />DEVELOPMENT AGREEMENT IN CONNECTION WITH THE NEW DYER ROAD <br />ALIGNMENT AT COLONY SQUARE <br /> <br />Tom Phare, Public Works Director, stated that this addresses the issues related to the Colony Square <br />Development (SEE ATTACHED). <br /> <br />Davidson called for Council questions, comments or motions. <br /> <br />Keany moved that Council approve this amendment and authorize the Mayor to execute the <br />Amendment upon: (1) the appropriation of the attachment of the exhibits; (2) and the execution of <br />the Purchase and Sale Agreement for Parcel I (Parcel L - DRA Agreement by and between HD <br />Delaware Properties, Inc. (Homart) and 1007 Corporation. Seconded by Sisk. Roll call was taken. <br />Motion passed by a 7 - 0 vote. <br /> <br />DISCUSSION/DIRECTION - SCHOOL IMPACT FEE ALTERNATIVE <br /> <br />Tami Tanoue, acting City Attorney, stated that it is possible for the city to repeal its current <br />exemption for Use Tax on residential construction and building materials. The procedure would <br />require approval by the electorate at the November election. The timeline would begin with the <br />adoption of an ordinance, sometime between now and August, proceeding on to an election on <br />November 1, 1994. <br /> <br />9 <br /> <br /> <br />