City Council Minutes 2019 07 23 - Laserfiche WebLink

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City Council Meeting Minutes July 23 2019 Page 11 of 14 both exceeded those estimates In such a case, without voter approval to keep the excess and retain the rate TABOR requires a refund of the excess revenues and the tax rate be reduced up to 100% in future years in proportion to the dollar excess The excess recreation center revenues received in 2018 was $270,795 The fiscal year spending for 2018 exceeded the estimate by $4,662,787 These combined exceed the total recreation center tax received in 2018 so all of the revenue received by the tax increase would need to be refunded absent voter approval to retain the excess revenues The tax rate would also be reduced to zero percent without voter approval to retain the rate This ordinance seeks voter approval to retain the 15% tax rate approved by the voters in 2016 and would authorize the City to keep the excess revenues received in 2018 Both the Finance Committee and staff recommended referring this to the voters Mayor Muckle called for public comment. Hearing none he closed the public hearing Councilmember Maloney moved to approve Ordinance 1778, Series 2019 Councilmember Keany seconded Roll Call Vote 7-0 RESOLUTION NO 23, SERIES 2019 — A RESOLUTION APPROVING A FINAL PLANNED UNIT DEVELOPMENT TO ALLOW THE CONSTRUCTION OF A NEW 22,500 SQUARE FOOT BUILDING AND ASSOCIATED IMPROVEMENTS FOR THE PROPERTY AT 602 TAYLOR AVENUE Planner Selvoski noted the notification requirements for this application were met. The request is for approval of a Planned Unit Development (PUD) for construction of a 22,500 SF, two-story building, along with landscaping, parking, and other site improvements The site is located in the Colorado Technology Center (CTC) at 602 S Taylor Avenue The property is zoned Industrial (I) and is subject to the Industrial Development Design Standards and Guidelines (IDDSG) The property owner, Elixinol, LLC, currently leases approximately 10,000 SF in the building at 638 Taylor, immediately south of the subject property They are seeking approval of a building along the northern portion of the property with an entrance on the southwest corner, fronting Taylor Avenue Parking is proposed on the southern portion of the lot. The proposal includes an area for detention between the building frontage and Taylor Avenue on the western side of the property, an employee gathering area, and bicycle parking near the front of the building The landscaping plan provides for trees along all sides of the property The building design is tilt -up concrete with windows on all elevations and large expansions of glass at the southwest corner entry area The proposal meets the minimum parking required for the anticipated uses The Planning Commission approved without conditions and staff recommends approval