2007-05-21 Agenda - Laserfiche WebLink

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MINUTES OF UNIVERSITY CITY COUNCIL STUDY SESSION April 30, 2007 The Council Study Session, held in the Chambers of the City Hall, on Monday, April 16, 2007, was called to order by Mayor Adams at 5:30 p.m. In addition to Mayor Adams, the following members of the Council were present: Mr. Robert Wagner Mr. Arthur Sharpe, Jr. Ms. Stefany Brot Mr. Michael Glickert Mr. Byron Price Ms. Lynn Ricci Also present were City Manager Ms. Julie Feier and Lehman Walker, Director of Community Development. The Study Session agenda was planned for the discussion of 1. Report of the Economic Development Tax Board ? Board at their meeting on April 4, 2007, approved the first year’s expenditures for the revenue to be generated by the Economic Development Retail Sales Tax. This tax was approved at the August 8, 2006, election by the University City voters. ? Projected annual tax revenue: $550,000 ? First Year 2007 - 2008 Delmar Improvement (U. City’s matching funds for an already approved federal grant) $330,000 Olive Sidewalks & Street Lights (matching funds) North & South to Hanley $110,000 Olive Blvd. Design Guidelines $ 50,000 Planning & Development Annual Operations $ 40,000 Delmar Directional Signs & Map $ 20,000 The spending of the monies for the following four years will be next discussed and voted on by the Economic Development Tax Board at their future meetings. Once another report is approved it will be presented to the City Council for its analysis and recommendation. 2. Partnering with Olivette on the potential planning area of study at I-170 and Olive ? The Council recommended not to partner with Olivette in determining what will be developed in University City’s quadrants. ? The Council recommended issuance of Request For Proposals (RFP) be sent out, residential areas excluded, except for Briscoe Place. The Study Session was adjourned at 6:25 p.m.