Economic Vitality Committee Agenda and Packet 2021 12 17

Home Browse Search

Economic Vitality Committee Meeting Minutes November 18, 2021 Page 3of5 square footage which can lead to much higher costs when applied to a large development project. Councilmember Most appreciated the differences that these comparisons show and how these differences between the municipalities can be further analyzed to determine fee structures between the municipalities. Public comment from Mike Kranzdorf. Mr. Kranzdorf commented that Louisville's water fee may not necessarily reflect the true cost of water as was previously stated, but that it is more of a future price. Chair Dickinson agreed with Mr. Kranzdorf's assessment that the City is collecting more money from water fees than it is spending on water. Chair Dickinson reiterated that the goals of this comparison are to understand where Louisville sits in regards to the other communities, and to identify any policy or marketing actions that should be changed. Specialist Brown continued his presentation and clarified that this comparison does not include fees imposed through recent Louisville regulation changes. He then identified several fees that may be collected by only one or two municipalities, as well as differences in sales and use taxes which can lead to differences in the total costs. Councilmember Dickinson commented that this is great data to take forward to Council and appreciated the visual representation. Councilmember Fahey questioned whether the EVC should be including a recommendation to the Council. Director Pierce responded that EVC could choose to include a recommendation in their response or simply comment on the data, format, and context to be shared with Council. Chair Dickinson concluded that he is supportive of the data as currently presented. VII. Discussion/Direction- Strategic Plan Item #1-4: Identify Priority Properties/Areas (such as Sam's Club, Kohl's, Cinebarre, and Village Square) for Focus of City Attraction Efforts or Influence to Private Redevelopment Undertakings: Director Pierce summarized the previous EVC priority property discussion and gave an overview of today's conversation. Chair Dickinson questioned what sort of recommendation that EVC should be providing. Director Pierce clarified that EVC can recommend top priority properties/areas as well as potential strategy and next steps for Council feedback. 550 S McCaslin, Current Ascent Community Church — Councilmember Most questioned whether it is the owner or tenant that has the ability to restrict uses based on the covenants. Director Pierce confirmed that it is the property owner that would need to agree to any amendments to the covenants but that any changes would still impact the tenants. Agenda Packet P. 4