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Revitalization Commission <br />Minutes <br />March 11, 2020 <br />Page 4 of 5 <br />Director Pierce noted she incorporated specific Transportation Master Plan <br />projects into the revised Work Plan document. <br />Council approved a Business Assistance Plan for 511 E South Boulder Road. <br />Pierce described concept for the project. LRC would like her to work with <br />developer to improve street scape—noting that a parking lot would be a private <br />improvement. These are included on the Work Plan. The Commission <br />discussed prioritizing each project area and then actions within those areas. <br />There was a discussion of Village Square; what is the tipping point and what <br />can we do to push this over to make good things happen? <br />Commissioner Bradfield said there is a need for strip centers. We don't need to <br />push away marginal services. Consider service mix and ensure there is a spot. <br />Maybe aspiration should be to upgrade and reinvest in the area. Mike <br />Kranzdorf said if the 511 E. South Boulder road project materializes it could <br />catalyze the area. <br />Commissioner Bradfield said Hwy 42 should be top — take it as far as we can <br />get it, then Delo. <br />Director Pierce will populate priority column for LRC to react to and revisit at the <br />next meeting. She will send out in advance for LRC to consider. <br />• Discussion — Fee or Cost Sharing for TIF Assistance Analysis <br />Chair Fisher wants applicant to pay for all of analysis when an outside <br />consultant is hired. Most communities either pay for all or do a cost share. <br />Council member Lipton would be comfortable with a share agreement. <br />Commissioner Adler suggested have the applicant pay then reimburse them <br />when the pull building permit. Commissioner Bradfield said we need a process <br />that encourages commitment, but on the other hand, we need to be <br />competitive. In seeking middle ground, if the project is successful, we will <br />accept full cost of analysis. 50% in initially, then rebated if project moves <br />forward. This decision would need to be revised in policy, which will be brought <br />back for consideration. <br />• Items for Next Regular Meeting April 8, 2020 <br />City Council Dinner/Study Session (April 14, 2020 @ 5:30) <br />Highway 42 Plan Review and DELO Update — have staff provide update with <br />map. <br />Commissioners Comments: <br />Agenda Packet P. 5 <br />