City Council Minutes 2000 08 15 - Laserfiche WebLink

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Louisville City Council Meeting August 15, 2000 Page 7. 2) That the petition must be signed by persons who own at least 50% of the acreage in the proposed district. Light stated that it is his opinion that it is to be based on commercial acreage only and the classification of the property must be by reference to County tax rolls. Using this method, the City Clerk has determined that the petitions have signatures for 52.12% of the commercial acreage of the proposed district, which meets the statutory requirement. Light noted that one of the purposes for the public hearing is for Council to hear testimony and receive evidence on signature requirements. He stated that all the testimony received will be part of the record. Light requested a motion by City Council to include into the record for the hearing, petitions filed with the City Clerk, all publications for the public hearing, all supplemental information submitted to the City Clerk by the district proponents, all materials included in the City Council packets, including supplemental materials placed on the table, and any other public records in the City Clerk or Administration Department's files related to the Business Improvement District. MOTION: Brown moved that Council accept all evidence, as outlined by the City Attorney, into the record, Keany seconded. All in favor. Light stated that if City Council determines that the petition is signed in conformity with state law, they may proceed by ordinance to declare the BID organized. Light stated that if passed, the ordinance provides for nine Board of Directors for the District. Light noted that the Board of Directors would serve at the pleasure of the City Council. Light stated that once the District is organized, it is it's own political subdivision of state, however it is subject to review and approval by the City Council on matters such as an operating plan and .budget. Light explained that the ordinance approve's this years operating plan and budget. The ordinance does not adopt a mill levy. Once the district is organized, it then refers its own mill levy request to the electors of the district. Light stated that the district proponents have requested that this ordinance, if passed, be considered as an emergency ordinance in order to facilitate the organization of the district and to timely allow the mill levy question to the voters. Light noted that approval of the emergency ordinance would require six votes. Light noted that pursuant to City Council direction, the second reading amendments to the ordinance require that the BID directors adopt a Code of Ethics and Open Meetings