City Council Minutes 2014 07 01 - Laserfiche WebLink

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City Council Meeting Minutes July 1, 2014 Page 20 of 31 project in the area asked for stormwater detention. Economic Development Director DeJong explained the Safeway redevelopment had detention and the LRC determined those public infrastructure improvements were eligible for reimbursement up to $380,000. Council member Stolzmann was not in favor of the regional detention portion. Mayor Muckle addressed Mr. Leary's comments and stated his opinion of appropriate TIF funding would be to approve public infrastructure improvements. The LRC has been consistent in not supporting projects outside of the urban renewal area, nor for private improvements. He stated the majority of the money will go toward the most fundamental needs of the urban renewal area, which are roads and underground infrastructure. Council member Lipton asked if the regional detention is included in the City's project. Public Works Director Kowar explained the City project is to mitigate the flooding downtown and finish the stormwater system from the upper watersheds. A City detention area did not provide a benefit to City's portion of the project, but with some engineering they were able to determine a stormwater and water quality pond for the core area. Council member Lipton asked if any stormwater will be run through the regional detention pond in the Core Area project. Public Works Director Kowar responded no. Mayor Muckle stated the City is spending a lot of money on multiple drainage facilities to get private properties out of the flood plain in Old Town. PUBLIC COMMENT Alex Bradley, 1385 Caledonia Circle, Louisville, CO requested clarification on funding for the project's realignment of a drainage line. Economic Development Director DeJong explained none of the City's $750,000 is going toward the project's realignment of the drainage line. Council member Keany asked Public Works Director Kowar to explain the funding sources. Public Works Director Kowar explained there are three funding sources; City money for a second storm sewer; LRC and developer's money. The $750,000 is from the Stormwater Fund for a second line to address overall drainage for the City. It does not address the realignment of the drainage line for the project. Economic Development Director DeJong explained the LRC bonds will not cover the City's drainage line. The developer will pay for the realignment of the drainage line. John Leary, 1116 LaFarge Avenue, Louisville, CO disagreed the purpose of Urban Renewal is to provide public improvements. He noted traditionally, developers are required to put in improvements. He stated in this case there has been a determination