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found that the process is so difficult, expensive, and prolonged that he then "walked" and left $80,000 <br />on the table on this development. Another buyer Martin had brought the owner looked at the <br />guidelines in the process at the time, along with such fees as the McCaslin Boulevard recovery fee <br />and the 12% in-lieu-of taking fee. She lost that sale as well. The strict guidelines are making it <br />difficult for her to sell her property, so she is trying to develop it on her own with no development <br />background. They felt it makes it economically unreasonable for a small parcel such as this to attain <br />these kinds of measures and be economically successful. They had problems with the drive-thru <br />issues and have made every attempt to conceal the drive-thru completely from McCaslin Boulevard. <br />They felt the new parking ratios for restaurants is excessive. They also had problems with some of <br />the setback issues and the open space and building coverage ratios, which they felt were excessive. <br /> <br />Davidson called for anyone else wishing to speak on Ordinance No. 1242. <br /> <br />NONE <br /> <br />Davidson asked if Council had any questions for those that had spoken. <br /> <br />Sisk asked Koelbel, if his memorandum is not adopted and the changes are not made, would Koelbel <br />sue the City of Louisville? <br /> <br />Koelbel stated that was incorrect. They would take the position that they are not subject to the new <br />guidelines, because they are subject to the Gateway Guidelines, which were previously approved. <br />Although the City would adopt the new guidelines, their position would be that they would not be <br />subject Centennial Valley. <br /> <br />Davidson closed the public hearing and called for Council comments or questions. <br /> <br />Lathrop asked the City Administrator how a reasonable resolution of the differences that exist may <br />be accomplished or is it passed that point. <br /> <br />Bill Simmons, City Administrator, stated that they spent 15 - 20 hours in committee, staff <br />negotiations were long and sometimes lively, but always professional. He was willing to go back and <br />continue to negotiate. He pointed out that it would be difficult to find complete agreement on every <br />issue. <br /> <br />Lathrop appreciated the difficulties involved with this document. He was concerned about putting <br />specifics of development into ordinances. At that point, there would be no flexibility given varying <br />circumstances of property, location, or very specific circumstances. He was concerned about <br />"locking" the City in. <br /> <br />Simmons pointed out to Council that at the beginning of the guidelines it states that various standards <br />can be waived by the Council upon application of the developer and that it be on a case-by-case basis. <br /> <br /> <br />