City Council Minutes 2019 06 11 - Laserfiche WebLink

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City Council Meeting Minutes June11 2019 Page 3 of 15 City Manager Balser noted the LRC met on Monday and they have one suggestion to remove Criteria #7 as they feel it is not necessary A project would not come to them unless a PUD has been approved and would therefore be compliant with all of the City's regulations, this would have already occurred and thus they felt that criteria is not necessary The LRC had some suggested language more specifically for downtown Balser asked for any further policy direction Public Comments Steve Fisher, 1860 West Centennial Dr , Chairman of the LRC, stated they struggled with this but feel it makes sense to have criteria in place so everyone knows what to expect and what projects qualify for this type funding He felt there should be a decision tree to walk through this process This might be a way to organize the criteria He added we don't want to make is so hard it is impossible to qualify Mayor Pro Tem Lipton asked if members of the LRC did not want this assistance policy Mr Fisher noted a couple of members were not in favor but the majority were David Sinkey, 712 Main St., Boulder Creek Homes, stated he is interested in TIF tools in a broad sense and the City should use these tools to shape the outcomes it wants to see and that aligns with the code and the TIF criteria He appreciates trying to bring clarity to the process He stated there should be a distinction this is a rebate not a subsidy The point is to encourage a capital expenditure There may still be an economic gap for a project and that is where the TIF tool comes into play He felt the tool is a benefit to the City It should not be called subsidy or corporate welfare Councilmember Stolzmann asked for clarification concerning the material in the packet and the changes presented by City Manager Balser Balser noted the three items she spoke about were in addition to what was already in the draft of the policy Councilmember Stolzmann asked for a printed copy with the changes Councilmember Loo stated she would like to address the historic criteria and wanted a more positive approach She noted Lincoln, Nebraska's TIF guidelines states "rehabilitates a designated City landmark, a building list on or eligible for listing on the national register for historic places, or a building located within a local landmark district", it should be less about what not to do than development we want to encourage Mayor Muckle stated we want it to be clear we don't want something to be detrimental to historic preservation He liked the draft language Councilmember Maloney liked the language presented by staff Members took a short break to allow staff to make hard copies of the three noted changes and review them Council reconvened and City Manager Balser reviewed the changes as presented Section J on page 2 — three or more instead of several, Page 3 - #3 in criteria — deleted, #6 is modified to read For property within downtown Louisville the project is