City Council Minutes 2019 06 11 - Laserfiche WebLink

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City Council Meeting Minutes June 11 2019 Page 5 of 15 Councilmember Leh asked if the Council should set forth our priorities in a policy document in advance of the budget discussion or let this document guide the LRC and have a foundational discussion during the budget approval Councilmember Maloney felt this was a policy tool He wanted to determine what the policy should be and then decide when and if it is used Councilmember Stolzmann stated to develop a sound policy the Council would need to have a discussion that has not happened If goals and gaps had been determined, priorities and criteria could be better determined We need to have a process that furthers community goals If an application needs to be continued, it would be appropriate Mayor Pro Tem Lipton stated this policy should give Council guidance on how to process and review applications for TIF There is interest in the business and development community to use this tool This policy draft may not be perfect timing, but we do need something to fill the vacuum Notwithstanding Councilmember Stolzmann's discussion of goals and plans, the area has changed considerably since we created the Highway 42 plan and the LRC Downtown was of great concern then, Hwy 42 was very different and was a corridor ripe for change and reinvestment. We wanted to have tools to help facilitate that. The community is much different now in terms of economic vibrancy We are dealing with old paradigms that don't necessarily fit today and have to do the best we can with what we have The City Manager is working on looking at an economic development plan and we should brush off the Urban Renewal Plan and look at what we need to focus on today to move the community forward Take time to do it right. Mayor Pro Tem Lipton stated we need a policy in place now even if it gets revised in the future He feels Council and the LRC have to work together and be consistent in goals, strategies, and reviews He wants the collaboration to continue Councilmember Loo agreed with Mayor Pro Tem Lipton She stated the document is workable and good It may not be perfect but that shouldn't get in the way of coming up with some guidelines Mayor Pro Tem Lipton suggested criteria #6 should read For property within downtown Louisville the project is consistent with the City's historic preservation goals and objectives Councilmember Leh stated the LRC and Council should work together; we should have a strong budget discussion about if the proper values are being met with the LRC budget. Councilmember Keany agreed with Councilmember Loo this policy will likely be changed but it should move forward so we have something in place He supports it as presented Councilmember Stolzmann noted this is LRC criteria, and asked how it applies to Council review