City Council Minutes 2020 01 07 - Laserfiche WebLink

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City Council Meeting Minutes January 7, 2020 Page 10 of 12 Economic Vitality Director Megan Pierce stated Duda, Inc. is a leading website development platform founded in 2009 in Palo Alto, California. They have five global offices and 100 employees. They serve 9,000 customers and 600,000 websites worldwide. New growth shows they need additional office space and are considering either Palo Alto or Louisville. Pierce stated the existing Louisville office, at 1025 Cannon Street, Ste. C, if selected, would add approximately 6,200 square feet and make an estimated $457,000 in tenant improvements. They started with one employee and the existing office is growing toward 20; they could reach 40 employees in Louisville. The average salary is significantly over the Boulder County average. Pierce reviewed the criteria for such agreements noting it retains job and employment opportunities for city residents and others; represents job diversity in a growing industry; encourages diversity of jobs; utilizes an existing building; and conforms to the Comprehensive Plan. The project is valued at $457,000 in tenant improvements leading to rebates of just over $7,300 and capping it at $10,000 with a completion by August 31, 2020: Councilmember Brown asked when we will know if they choose Louisville. Pierce stated they will likely decide in January or February. Public Comments — None Mayor Pro Tem Maloney stated the Business Assistance program is designed for this type of project. He moved to approve Resolution No. 7, Series 2020; Councilmember Fahey seconded the motion. Voice vote: all in favor. ORDINANCE NO. 1788, SERIES 2019 — AN ORDINANCE AMENDING CHAPTER 2.12 OF THE LOUISVILLE MUNICIPAL CODE TO INCREASE THE SALARY OF THE PRESIDING MUNICIPAL JUDGE — 2ND READING, PUBLIC HEARING (advertised Daily Camera 12/22/19) Mayor Stolzmann introduced the ordinance by title, opened the public hearing, and asked for disclosures. There were no disclosures. Clerk Muth stated the compensation of the Presiding Municipal Judge was last reviewed in 2015. After reviewing compensation in neighboring communities and the workload of the position, the Legal Review Committee recommends an increase in the monthly compensation to $2800 per month, up from $2600 per month.