Revitalization Commission Agenda and Packet 2024 05 22

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Revitalization Commission Minutes April 17, 2024 Page 8 of 9 Commissioner Tofte motioned to approve creating a Business Improvement Program with Option 1 limits. Chair Adler Seconded. Roll call vote: Unanimously approved. Public Comment: Louisville Resident and DBA President Rick Kron supports the program. He supports option 2 more than option 1. He suggested that renderings, etc. should be partially reimbursable for approved projects and agreed with the criteria the EV Manager suggested, though not necessarily with strict requirements. Mike Kranzdorf commented that it is difficult to understand what the target of this program is. He noted that new versus existing businesses is a huge gap, and it's hard to understand who this is intended for. He noted that retention is a huge part of the LRC mission and expressed confusion about what the LRC is trying to accomplish with this plan. For example, with flooring — is that deferred maintenance? Maybe. Is it an improvement. He asked why flooring would be included on a new build and not for an existing tenant. In his opinion, the point of the program has been lost. He supports option 2 and would rather see a more seamless program for business improvement. Change May Meeting Date Chair Adler requested to move the May meeting to May 22. Commissioner Tofte motioned to move the May meeting to May 22. Commissioner Harald seconded. Roll call vote: unanimously approved. Commissioner Comments: Reports of Commission: Staff Updates The Economic Vitality Manager noted that the staff updates were provided in the meeting packet and asked the Commission if they had any questions. Commissioner Comments: No comments on staff updates from the commission. Downtown Business Association Updates None. Chamber of Commerce Updates: None. Discussion Items for Future Meetings: Executive Session for Property Acquisition 2. Fagade Improvement Program Applications