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ORDINANCE NO. 1201, SERIES 1995 - REPEALING SECTION 15.04.100 AND <br />AMENDING SECTION 15.04.030 OF THE LOUISVILLE MUNICIPAL CODE <br />CONCERNING THE VALUATION OF BUILDING CONSTRUCTION IN CONNECTION <br />WITH THE DETERMINATION OF BUILDING PERMIT FEES - CONTINUED 1ST <br />READING - SET PUBLIC HEARING 9/19/95 <br /> <br />Griffiths read by title only Ordinance No. 1201, series 1995, "An ordinance repealing Section <br />15.04.100 and amending Section 15.04.030 of the Louisville Municipal Code concerning the <br />valuation of building construction in connection with the determination of building permit fees." <br /> <br />Paul Wood, Planning Director, stated that in Council's packets were the comparison of total fees <br />based upon a valuation factor for Centennial II, Ridgeview Estates, and Coal Creek Ranch Filing//4. <br />Also included was a survey of how other jurisdictions calculate valuation and a summary memo from <br />Tom Talboom, Chief Building Official. <br /> <br />Tom Talboom, Chief Building Official, was there to answer any questions. <br /> <br />Davidson called for Council questions. <br /> <br />Mayer asked if this ordinance would make the use tax for residential consistent with commercial use <br />tax. <br /> <br />Talboom stated it would. <br /> <br />Lathrop wanted to know how Louisville compares to other neighboring communities as to <br />comparative homes. <br /> <br />Talboom stated that $48.00/s.f. would come out fairly accurate. <br /> <br />Howard was concerned that this might have to be redone every couple of years. <br /> <br />Talboom explained that the ordinance is proposing eliminating the set figure of $48.00/s.f., basing <br />valuation on either actual or something like the building standards. <br /> <br />Howard felt this was a big jump in fees at one time, although this question had not been looked at <br />since 1988. <br /> <br />Davidson wanted to see, at the second reading of this ordinance, what Lafayette and Boulder's use <br />tax is on actual valuation of a typical house for a dollar comparison. <br /> <br />Sisk wanted to know, along with Davidson's request, when the square footage costs were <br />implemented. <br /> <br />4 <br /> <br /> <br />