City Council Study Session Summary 2018 01 09

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City Council Study Session Summary January 9, 2018 Page 2 of 3 A subregional group must be formed to determine the local allocations which will require an IGA. Members reviewed the Mayors and Commissioners Coalition (MCC) draft project list. The MCC created this to get a feel for all transportation projects and programs communities in the northwest region foresee needing and to prioritize projects in the event funding is available. Many of these projects may come up, and new projects will be identified through the Louisville Transportation Master Plan, so the list may be modified/updated. Council member Loo would like the bridge from Superior over US 36 separated out. She would like to see if it should be separated into 3 projects: Campus Drive to 96th St., 88th St. improvements, and new bridge from Superior to Campus Drive. There was discussion regarding progress on commuter rail and its costs and how to program money to get the most benefit for the citizens. Council member Maloney wanted to raise the Hwy 42/CDOT devolution issue included on the CDOT project list. This is a policy decision if Louisville wants to take over management of Hwy 42 and it has not been discussed. Balser stated and there would definitely be more discussion if this was to be pursued. Davis provided and update on the MyRide Program. Council member Keany asked if there is a way to verify who used the cards, as well as need/income for the cards. Davis said the program will attempt to verify income data. We are waiting for data from RTD. Discussion — Business Assistance Program Review and Analysis Director DeJong reviewed the BAP program. It has been in existence since 2007. There have been 65 agreements offered, 49 completed or underway. DeJong confirmed most are in CTC. DeJong stated the BRaD reviewed three potential changes to the program and were not interested in recommending rent assistance or low interest loan programs for starting retail operations. They were interested in a change to the consumer use tax implementation. Mayor Pro Tem Lipton said he appreciates the presentation but has philosophical concerns. CTC will be built out soon. Is the BAP program necessary now? It is hard to know who is covering/subsidizing the costs of building permit rebates. It could be distorting real estate values. It benefits property owners not the business owners; property owners should adjust their lease rates to fill space.