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City Council Meeting Minutes April 6, 2010 Page 13 of 17 and shell and did not include tenant finish. She noted Mr. Koelbel will request an amendment to the agreement to allow him to offer a tenant finish fee rebate. APPLICANT PRESENTATION Jason Kaplan, Owner of Imagine Nation Books Ltd., explained the company primarily sells books and associated products. In 1990 a company named "Books are Fun" was created and in 2004 a company named "Imagine Nation Books" was formed. The two companies merged and currently employ 100 people. At their current Boulder site, most of the employees live in Longmont, Boulder or Louisville and generally eat in the Boulder area. Out of state vendors help the local hotels and restaurants. He thanked Economic Development Director Star for her assistance. PUBLIC COMMENTS John Leary, 1116 LaFarge Avenue, Louisville, CO stated the Business Assistance Package proposals reduce the fees in half. He asked whether the Building Department will only spend half as much time on this building or would someone else pay for the other half of the fee or are the feE!s twice as high as they should be. He stated the rebate is offered for a period of five years subject to budget appropriations. He noted the City Council chose not to appropriate tax rebates a few years ago. He requested these proposals be discussed at the annual appropriation process. MOTION: Mayor Pro Tem Marsella moved to approve Resolution No. 18, Series 2010, with the correction to the amounts in the agreement, seconded by Councilor Dalton. Councilor Muckle asked where the rebate on the building fees comes from. City Manager Fleming stated the Business Assistance Program is based on bringing new retail to the City. The cost associated with inspections and fees will be subsidized by additional sales tax and property tax revenues. Occupied properties will retain their value, which contribute to Louisville's economy. Mayor Sisk voiced his support for the Business Assistance Package. VOTE: Roll call vote was taken. The motion carried by a vote of 7-0. DISCUSSION/DIRECTION/ACTION - POST OFFICE USE Councilor Clabots disclosed he is involved in a gardening co-op on Ms. Butterworth's property. City Attorney Light stated Councilor Clabots discussed his association with one of the applicants and agreed it would be appropriate for him to recuse himself from the discussion and not vote on this matter. Councilor Clabots recused himself from the discussions and left the room. Mayor Sisk requested a Staff presentation.