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Economic Vitality Committee Agenda and Packet 2024 08 16
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Economic Vitality Committee Agenda and Packet 2024 08 16
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8/27/2024 1:41:42 PM
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City Council Records
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8/16/2024
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Boards Commissions Committees Records
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8/27/2024
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• <br />The first amendment to the intergovernmental agreement, which was drafted in <br />2014, granted Louisville and Lafayette 24 acres apiece for "athletic fields and <br />similar development:' According to LeBlang, over the past 10 years, Louisville has <br />built a sports complex and Boulder County has contributed the Kerr Community <br />Gardens, while Lafayette's piece of the property remains vacant. <br />LeBlang began the process of researching similar public -private ventures <br />surrounding sporting facilities in Colorado earlier this year, and landed on the <br />Parker Racquet Club in South Denver as his ideal model. The privately -owned <br />business leases the land from the city for $1 a year, and then funds itself the rest of <br />the way. It charges $24 hourly fees for members and $40 an hour for nonmembers <br />for usage of its indoor courts. <br />He said that his venture, funded mostly by himself and his partner Tim Kullick, <br />would incur little cost on taxpayers, and noted that the interest from local tennis <br />players has been "off the charts?' He hopes it can become the new home for the <br />CU women's team. <br />"I'm working with a variety of different former players... But it's also something <br />that at this stage of my life that I wanted to be involved in something for the <br />communities," LeBlang said. "I'm probably going to be putting a substantial <br />investment into the project myself. I think there are a variety of CU fans, if it was <br />going to be the home for the women's tennis team, that I think people would be <br />very generous." <br />StPnhaniP g(`d'IdaQPtPr nwnPr and CRC) of Rardianri MPrdcna in rdnwntnwn <br />
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