City Council Minutes 2022 09 20 - Laserfiche WebLink

Home Browse Search

City Council Meeting Minutes September 20, 2022 Page 4 of 11 • The full valuation is included on the permit application • Staff verifies ownership and previous vs proposed home size and calculates Use Tax Credit • Invoice reflects Use Tax as paid in full • If the builder pays for the permit, staff will require the homeowner to submit authorization for the builder to receive the credit on their behalf • Any property owners who have already paid in full will be eligible to receive a rebate/refund for the Use Tax Credit Staff estimates the cost of this program as drafted would amount to 75% of Use Tax revenue associated with Marshall Fire reconstruction, or approximately $4.3 million. New owners before rebuild and those homes would not be eligible for the credit. Public Comments Judy Kern, Louisville, urged Council to consider changing the program to provide a 100% rebate of the Use Tax to help people get back in their homes. John Barrett, Louisville, asked Council to consider not prorating based on square footage of the original home. He said they ended up choosing a larger home because the builder they are using has a limited number of floorplans from which to choose and this one fits in their insurance plan. Charlotte Buck, Louisville, stated she wants to build the most energy efficient home but that means it is more expensive. She encouraged approval saying every dollar helps. Genevieve Sparanga, Louisville, asked Council to not prorate the credit based on the size of the home. She noted her home will be larger as they chose to get rid of vaulted ceilings to have a more energy efficient home. Russ Moore, Louisville, asked Council to consider giving as much relief as possible, and asked the program not prorate based on size for the same reasons already mentioned. Tawnya Samauroo, Louisville, also asked Council to consider not using the prorating based on the size of the original home. She noted few builders are offering designs for smaller homes. Larry Donner, Louisville, stated he supports the staff recommendation. Yasmin Ramen, Louisville, encouraged the Council not to prorate the cost based on size. She too is building without vaulted ceilings and making an efficient home which has made the size of the house slightly larger than their old one.