Laserfiche WebLink
• <br /> • freeway uch as N-470. Bath those factors tLt <br /> well within our goals as a City Council. There <br /> are sow, &ajar concerns that the citisens of <br /> Louisville have and that I have and they relate to <br /> the financing of the freeway. And there are same <br /> facts that I think are important to make clear. <br /> Pivot, no property taxes can be assessed without <br /> the vote of the people within the District of the <br /> freeway. ' aThe Authority won't have the ability <br /> to say we're just going to lei a property Wt. <br /> There is the ability to assess a special <br /> Improvement Tau. What this weans is anytime yen <br /> add an isgrovement to the City, those <br /> will be taxed. The <br /> theory t#4 <br /> b. a#ii* th o ,�� a i#• ) p r <br /> • that be 4.. <br /> drew., and S- 140h <br /> do som.thinf. to, i+ rowe 'Our pr�tr..'• , • ,� <br /> be taxed. • •Because we participate 'ii Ube 4. <br /> Authority, we can help dictate the struot•s• of- <br /> the freeway and where the on and off sang will ge. <br /> and how we will pay for the freeway.• •It doe* <br /> not jeopardise our eitisens in any way <br /> financially.• Sackett stated methods of foliation <br /> that don't require public vote are based on the <br /> theory that people who benefit from the highway <br /> should have to pry for the highway. susineeeee. <br /> that succeed because of the highway should have to <br /> pay for the highway. If these taxation method* <br /> are used, people currently living is Louisville <br /> will not be affected by the highway is the foss of <br /> taxes. <br /> mayor ?ausoe commented on Sackett's xe teeerei0. to <br /> the City's dependency on growth dollars stag <br /> that although Louisville would be affected if <br /> growth did not occur, the City could survive. <br /> Anderson stated that if W--470 is built now. the <br /> displacement will be minimal. Atlanta is an <br /> example of where beltways, transportation and the <br /> airport caused positive economic growth. <br /> Anderson stated that he too would vote schools <br /> ahead of everything else. aoarvar, it is in the <br /> City's best interest to remaia • voice is the <br /> Authority and wait for the financial report to be <br /> completed before deciding on whether M-470 is <br /> feasible. <br /> In response to a question by Carnival, Marl <br /> Outlined bow the Authority was formed stating that <br /> people is the public and private sector looked to <br /> answer questions regarding the need for a �y, <br /> where should it go and hoe to a p to <br /> s <br />