City Council Minutes 2013 04 02 - Laserfiche WebLink

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City Council Meeting Minutes April 2,2013 Page 12 of 21 process: In the developer approach, the developer would have more flexibility in making scope of work change decisions. Council member Sackett stated his expertise is in how organizations deal with problems and originally he was not sure this project would be an asset for the City. He now believes it would be an asset and voiced his support for staffs recommendation. Council member Keany asked if there are federal tax credits through the stabilization, would they reduce the City's future input into other obligations in the agreement. Economic Development Director DeJong stated it would need to be negotiated in the contract. Council member Keany felt since the Historic Preservation Funds are funding all the stabilization, any tax credits should offset any future obligations the City has in any proposal. He encouraged that clause included in any agreement. Council member Loo stated she did not support the purchase of the grain elevator, but now that the City owns it, she wants to make the necessary improvements. She acknowledged Erik Hartronft, Mike Kranzdorf and the Amterre Group for their wonderful development proposal. She stated they are a local firm and have an investment in the City. She thanked them for their service to the City. PUBLIC COMMENT Randy Caranci, 500 Front Street, Louisville, CO, the adjacent property owner, stated there are now three issues; the encroachment, which may be accomplished by a trade of land on the east side; the change of use of his building, the parking issue and the need for a temporary parking agreement for the twenty spaces required to conduct the new business. He asked Council for their support in resolving these issues so a new business "Jump N' Rope" can get started. He thanked Council members who have shown their support. Peter Stewart, 1132 Jefferson Avenue, Louisville, CO addressed the developer approach versus the consultant approach. He stated the RFP was open ended to determine what advantages were available. He explained the HPC spent a lot of time discussing tax credits and one of the advantages of the RFP was to see if a developer could benefit from tax credits. It appeared The Olde Town Group did not value the tax credit, which indicated there is no advantage of transferring the property to a private developer. Aquiles LaGrave, 397 Peerless, Louisville, CO agreed with Council member Keany in his observation that The Olde Town Group proposal looks like the same proposal presented by the Amterre Group. He questioned whether proceeding in this direction