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City Council Agenda and Packet 1988 05 17
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City Council Agenda and Packet 1988 05 17
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City Council Records
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City Council Packet
Signed Date
5/17/1988
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CCAGPKT 1988 05 17
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• .}, <br /> • <br /> • <br /> - •J•iW <br /> iag•act feel'. even with these two Item. shwid • <br /> Louisville disagree with the inclusion of them is <br /> the financing plan, they will not be iaplephoatei <br /> unless there is 1004 000cutrenos of all members of <br /> the Authority. All limitations are set by the <br /> legislature in State statutes. <br /> Mr . Hurl stated W-470 affords the City of <br /> Louisville to share in whatever ecooasic grwth <br /> oases to the area. <br /> Mr. "'Uri stated that studies show that V-470 <br /> actually' help aaistisp highway* that at3 <br /> offloaded, i.r., fib 117, , s <br /> ' 1 • �r Y - <br /> WL regard to ua * traesit.� Mt.� ,mil, stO Ll <br /> Authority le a gnat rtes at it and <br /> provide in W-470'■ eight-of-way specs for wMt sw.; c <br /> uee night be cueing. 0oweves. the perawteem ve <br /> travel that utilises ease transit in at the ' <br /> best in the highest area of use only 5$ a <br /> averages about 2 - 2 1/30. <br /> Sackett stated that one of his c000srns for the <br /> City of Louisville is its depeedesoy or growth atrlt% <br /> there are many enmities that he wool+& like to see <br /> in the City including a recreation facility. <br /> Schools is another factor that needs to be <br /> addressed. Sackett feels that salty tau revea e <br /> is the beat way to fund away of these needs rather <br /> than through property tax. ?his can be donut <br /> through stimulating eoaaomio development. Part of <br /> economic dev.lop•ent would include W-470 that <br /> connects us with the new airport which will bring <br /> in a great cumber of new jobs and new industries. <br /> The City of Louisville cab take advantage of this <br /> as we are in an ideal icratios for this plus our <br /> closeness to the gnirsrsity. Our quality of life <br /> is of the utmost Leportaaoe and oars must be takes <br /> is that respect. Sackett stated that studies show <br /> that highways such as W-470 are able to attract <br /> new businesses enough so that the highway breaks <br /> even wooer than anticipated. Within the first <br /> decade partitive results are seen. The investaset <br /> is W-470 to stimulate the .cooasq sew to be the <br /> best way to go. <br /> Sackett stated that be bad the opportunity to <br /> attend the last meeting of the Authority. •_ <br /> think it is obvious to most people why M-417O fs <br /> ben.licial to Louisville La that it *as ects us <br /> directly with the new airport sod its bees show <br /> that eaosowto dwelop..at is stimulated by • <br /> 4 <br />
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