Business Retention and Development Committee Agenda and Packet 2011 12 05

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BRaD Meeting Summary November 7, 2011 Page 3 of 4 Markel was originally planning rental units at North End, however, they are rethinking this and would like to have a conversation with the City about resetting the density of the North End development. They are also trying to market their commercial space but have been unsuccessful. BRaD member, Michael Menaker, asked if the homes built in North End would meet the requirements of the new ICC code. Michael felt that since the homes are Energy Star rated he believes they would meet the requirements of the new code, however, if they adopt Energy Star 3.0, this new version would double the cost from the current Energy Star rating. Build-out for North End is estimated another to be three to four more years. David Sinkey, Boulder Creek Builders, at Steel Ranch is now open for sales, and happy to be partnered with Ryland Homes.Boulder Creek currently has a model home open. Three public events last weekend were well-attended, 50 RSVPs, and they served 150 plates of LuLu’s BBQ over a 3 day period. The builder has formed a Founders Group of 80 to 100 people in order to get feedback, and they also have formed a coalition with the Louisville Senior Foundation and donated $5.00 for every person that came through during their public event. Boulder Creek has ten lots available for presale and have sold eight. They will be releasing more lots soon. They have adopted Energy Star 3.0, and are not excited about sprinkler requirement for residential that is included in the new ICC Code. Adding a sprinkler system would greatly increase the cost of their homes. They are offering a total of 68 homes that are maintenance-free, all are ranch plans, main floor master and the homes really focus on a particular lifestyle. Build out is estimated in about three years. David reported that permit costs are high with the City. The homes they are building are maintenance-free with only front-yard landscaping. These homes will be low users of water, but no adjustments were made for tap fees. They also appreciated the fact aht Lsouveille does not have a mandatory affordability requirement. ANNOUNCEMENT MADE BY DBA: Chris Pritchard, DBA, announced they will once again offer free carriage rides during the holiday season from November 25 through December 31. The carriage ride operator works only on gratuities. DISCUSSION OF FOOD TRUCKS, DELIVERY OF FOOD PRODUCTS IN CITY: Bonnie Star and the Planning Department would like to get a conversation going as to what the City of Louisville wants in terms of Food Truck regulations. City of Louisville zoning doesn’t currently allow food trucks in City right-of-way, but they are allowed on private property or when they are associated with a special event. Food truck operators pay sales tax but not property tax. Some of the comments from the group were that the Centennial Valley merchants would be concerned about food trucks operating. Sometimes food trucks operate as an extension of a business currently operating in the City. Not sure if food trucks are appropriate for a town this size, but also there may be locations where it makes sense. Main Street restaurants are hurting during the lunch time service. How do you police tax revenue for a truck that drives away? Not in support of a BAP for a truck business delivering food to the CTC.