City Council Minutes 2013 12 03 - Laserfiche WebLink

Home Browse Search

City Council Meeting Minutes December 3, 2013 Page 3 of 21 Mayor Muckle requested a staff presentation. Economic Development Director DeJong explained City Council action is requested on a proposed Economic Development Business Assistance Package (BAP) for the expansion of an existing Louisville employer, Water Goat Enterprises, doing business as The Seacrest Group. The Seacrest Group is an environmental services laboratory and consulting company, which was formed in 1987. The company originally specialized in aquatic toxicology and water quality management, but has expanded to provide its clients with a more comprehensive, permit driven approach to eco- toxicology. The company is owned by Louisville resident Shannon Phelps. The Seacrest Group must relocate their business from their current location at 1314 Cannon Street in Louisville as it recently changed ownership to DELO, LLC and is a part of the larger proposed redevelopment in the Highway 42 Urban Renewal Area. The company is considering space options in neighboring communities. The Louisville location at 500 South Arthur Avenue Unit 450 is 3,800 square feet. Seacrest Group employs 9 people but would have the capacity to grow to 12 in the new location. The estimated tenant improvements required for their use of the building is $85,000. The assistance would be funded by permit fees and construction use tax from the tenant finish of the existing space. The total fiscal impact would not exceed a total of 50% of the City's permit fee rebates and 50% building use tax or $2,000 whichever is lower, based on the tenant finish of approximately $85,000 for a 3,800 square foot facility at 500 South Arthur Avenue Unit 450 in the City. Staff recommended the City Council approve Resolution No. 64, Series 2013. APPLICANT PRESENTATION Shannon Phelps, President Water Goat Enterprises, Inc, 1314 Cannon Street, Louisville, CO explained the Seacrest Group is an aquatic toxicology company, which tests water to ensure the water quality is good for water species and for downstream users. This testing process has been a part of the Clean Water Act for fifty years. The company has been located in Louisville since 1987. He has owned the company since 2007 and been a resident of Louisville since 2008. Although he never intended to move this business from the downtown area, the property changed ownership forcing him to find another location. He noted his customers dine and shop in Louisville, which helps the local economy. MOTON: Council member Lipton moved to approve Resolution No. 64, Series 2013, seconded by Council member Keany. Roll call vote was taken. The motion carried by a vote of 6 -0. Absent: Council member Jasiak. DISCUSSION /DIRECTION — PRE - CONSTRUCTION SERVICES AGREEMENT FOR COAL CREEK GOLF COURSE