City Council Minutes 2017 04 04 - Laserfiche WebLink

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City Council Meeting Minutes Apnl 4, 2017 Page 6 of 8 zoning category. Staff provided pros and cons on the options in the packet information Staff is looking for direction on this issue. Councilmember Stolzmann stated the Comp Plan calls for a mix of housing and these options might allow the City to be proactive about maintaining a diverse housing stock. She noted providing incentives has been successful in other areas and should be considered It is important to see what the land owners would like to do in the area As prices increase, more development pressure is put on this area Councilmember Maloney noted this policy discussion is important. There are people who live there who could not afford to live in the City in any other property. We need to respect the property owners' rights as well Councilmember Leh stated affordable housing is critical to Louisville and increasingly difficult to address Mayor Pro Tem Lipton stated there are many issues to be weighed and noted if there was a way for the many interests to come together it would be ideal. His greatest concern is what if the affordable option is taken away for new development that is very expensive. Mayor Muckle agreed. It will need to be done with everybody's interests in mind. Mayor Pro Tem Lipton stated if in the long run the best use of the land may not be a mobile home park, whatever is there should be affordable. Councilmember Maloney noted if we do anything we will have to create a funding source and how we do that will have to address what is reasonable or not Right now the fiscal impact is speculation. Councilmember Keany stated affordable housing is more and more a challenge; however, we need to balance that with the property rights of the owner. Councilmember Leh concurred. Mayor Muckle summarized the Council is interested in moving forward with information gathenng on this issue and continuing conversations to determine what ways might benefit all affected parties He noted it is important to clarify to everyone this is not a way to get rid of the park but rather to look at options. Councilmember Loo stated we have to be careful in how we define "affordable housing" as it may imply density to many residents. She agreed we need to move carefully to not scare the existing residents. She added the City should reach out to the Boulder County Housing Authority to see if they will partner with us to help fund whatever we do. Councilmember Stolzmann suggested directing staff to speak with the owner of the property as a start to determine if they are interested in doing anything or not. She stated the next issue should be what the possible costs might be. This additional information would be helpful