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City Council Agenda and Packet 1986 06 03
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City Council Agenda and Packet 1986 06 03
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3/11/2021 1:46:56 PM
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City Council Records
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City Council Packet
Signed Date
6/3/1986
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CCAGPKT 1986 06 03
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bounds of the economics and plans that have been <br /> set. Unanimous. <br /> lZSOLUTION #21 - RZAfTIRMATION OP TIM IDRS ISSUR - <br /> CMIITiNMZ11L CsMTSR PART>R18RIP PRQJSCT <br /> Rautenstraus read in its entirety Resolution #211, <br /> "A Resolution reaffirming an intention to issue <br /> Industrial Development Revenue loads for the <br /> Centennial Center Partnership Project.' <br /> fiindley explained that in November of 1913, the <br /> Louisville City Council approved Resolution #27. <br /> 1905, which served to induce the issuance of <br /> IDRI`s for the construction of the Centennial <br /> Center Project located at the corner of Cherry <br /> Street and McCaslin Blvd. In order to ensure that <br /> IDR>3'• are available for this project from a <br /> state-wide allocation, the City Council must <br /> reaffirm this prior commitment for the project. <br /> Mayor Pauson asked if Dave Stahl, of Smart, the <br /> owner of the property, could comment on the status <br /> of the project. (The developers were unable to <br /> attend the meeting.) Stahl stated that to his <br /> knowledge the project will begin by aid-June as <br /> the bulk of the center has now been leased. <br /> Headley stated that at the time the City takes <br /> action on the ordinance for the bonds, Centennial <br /> will be present to answer questions. <br /> Mayor Pauson moved that the Council approve <br /> Resolution #211 reaffirming the IDRR's issue for <br /> the Centennial Center Partnership Project. Mohr <br /> seconded. Unanimous. <br /> RESOLUTIQM #29 - C$ERRYWOOD SUBDIVISION ACID POD <br /> Mautenstraus read in its entirety Resolution #29, <br /> "A Resolution approving a final subdivision plat <br /> and POD for Cherrywood Subdivision." <br /> Manush stated that RS Development is requesting <br /> the subdivision of approximately 37 acres located <br /> north of Cherry Street and west of the Heritage <br /> Subdivision. This 140 lot subdivision is located <br /> in Parcels J and 11 of the Moaart Development. The <br /> required 120 land dedication was satisfied with <br /> Rbmart's conveyance of the recreation center site, <br /> but this did not preclude the possibility of a tot <br /> lot being required in Parcel J. The tot lot and <br /> drainage area are shown as Tract D on the Plat. <br /> Planning Commission recommended approval of this <br /> subdivision. <br /> 4 <br />
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