City Council Minutes 1990 02 06 - Laserfiche WebLink

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extr-c~~rac~ly desirable to everyone. He is, personally, angry with the State Hiy1r.~;.~ar Iepartment as it is their responsibility to develop transportation syst r~«s;: of this magnitude. The fact is the State has operated in total absence, particularly around the Metropolitan area. Mr. Ferdinandsen does not feel that it would be appropriate for him to try to either dissuade or persuade Louisville into taking a course of action that Council feels may not be in the best interest of the City of Louisville. Mr. Ferdinandsen related that the whole notion of W-470 is a cooperative, mutual agreement among all the various members of the W-470 Highway Authority. The right to form that agreement was given to the Authority by the legislature because they recognized the State Highway Department did not want to take the responsibility to build the beltway. Mr. Ferdinandsen anticipates that the State of Colorado would allow state funds to match against toll financing so that the Authority could move forward with the project. When the Authority received the designation, the State Highway Commission said that they agreed with the designation of W-470, but would not allow funds from the rest of the state to be utilized for the benefit of this project. Consequently, the Authority decided to proceed with an election. They came forward with a model tla<~ l w~1:3 based upon the E-470, which had been successful and found that the issues for lh~~ i~: -f70 were substantially different than what they were in Louisville. Mr. Ferdinandsen stated that he thinks the Authority has an obligation to i i:;t can t:o what those differences are. Mr . Ferdinandsen stated that one <>f 1:Fie differences clearly was that the Authority overdesigned the project in terms of what the public perceived that they were buying. The Authority feels they could phase in the design of the project and build it in such 10