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Michael B. Menaker <br />2019 Revitalization Commission — Supplemental Questions <br />1. Briefly explain your interest in serving on the Revitalization <br />Commission. <br />1 have been a member of the LRC since February 2007, when Mayor Sisk <br />and Council expanded the LRC from five to seven members. While the LRC <br />has accomplished a great deal in the intervening years, there is still much to <br />accomplished within the Urban Renewal Area. 1 would like to serve another <br />term to continue and build upon the work we've begun to fulfill the mission <br />of the LRC. <br />2. What background do you have with urban renewal or tax increment <br />financing projects? <br />As a member of the LRC for the past eleven years, 1 have participated in <br />every discussion about financing alternatives for urban renewal projects in <br />Louisville. I am familiar with all the details of the LRC issued and privately <br />purchased bonds used to finance critical infrastructure in the urban renewal <br />area. And, I have complete familiarity with the most current <br />revenue/expense/budget projections. <br />3. Describe your understanding of the Highway 42 Urban Renewal Plan <br />Adopted in December 2006 the plan states: <br />The purpose of the Highway 42 Revitalization Area Urban Renewal Plan is <br />to reduce, eliminate and prevent the spread of blight within the Urban <br />Renewal Area and to stimulate growth and reinvestment within the Area <br />boundaries, on surrounding blocks and throughout downtown. <br />From its inception, the Louisville Revitalization as a whole, and I as a <br />Commission member, have strived to accomplish exactly that. — <br />1 am particularly proud of the pedestrian gateway which connects <br />Louisville's newest neighborhood — and, two of its oldest and most historic <br />neighborhoods — to downtown. Little Italy and Miners' Field are no longer <br />literally on the "wrong side of the tracks." <br />42 <br />