City Council Minutes 1992 02 04 - Laserfiche WebLink

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at the end of Section 1 of the Ordinance. Words were added at the request of the Colorado Department of Resources, "which is a valid municipal project." That's the only change in the Ordinance that was before Council on first reading and that it should be approved along with the Ordinance. Sisk moved that Council adopt Ordinance No. 1065, Series 1992, approving the Raw Water Master Plan contract with the Colorado Department of Resources and with the authorization for the Mayor and the City Clerk to execute the contract on behalf of the City, adding thereto the amendment to Section 1, seconded by Hornbostel. Roll call was taken. Motion passed 7-0. DISCUSSION/DIRECTION - HARNEY/LASTOKA PROPERTY Brand commented that this is property at Highway 42 and South Boulder Road, across the street from KMart and King Soopers. Last October in a meeting with Boulder County, Lafayette and Louisville, it was discussed whether or not the City wants to amend the Intergovernmental Agreement and have the City of Louisville annex the property with the understanding that part of it would be developed to generate tax monies and part of it would be set aside as open space for a regional park. Funds that are generated from the development of the commercial would be used to purchase, develop and maintain park lands that we're able to acquire, starting with the regional park on the Lastoka/Harney property and then getting into the 600 acres of the Mayhoffer property. Now that all seven Councilmembers are sworn in and seated, Brand would like direction from Council. Brand asked if it's still the City's position to try to work out an agreement to amend the IGA to permit commercial activity. If not, what is Council's position? Davidson asked for Council comments and questions. Mayer: It would not be my favorite place for a ball field, being across from the busiest arterial within 15 years in Boulder County. The City of Lafayette requested that the development be limited to office park, non-retail type use. That's the only thing that could generate the type of funds which would make this a viable project. I want to see it limited to the corner and that the funds go to a parks/open space fund. Lafayette said that after the property was paid for, Louisville and Lafayette would split the funds equally. It sounds like Louisville would get all the traffic and Lafayette gets 50% of the funds.