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Mr. Wagner stated he has heard from many residents on this lighting concern. He noted <br />that as was said in the presentation that this is a fairness issue and he does not understand <br />why there has been talk about subdivisions as all lighting changes in the City will be treated <br />the same. Mr. Wagner stated that the same rules should be applied to all. <br />Mr. Glickert asked Ms. Feier if the City has looked at some stimulus funds to change the <br />lights that are costing more money which in turn is causing problems on all of the City’s <br />street. Ms. Feier noted that the rate Ameren charges is not dependent on the lighting used. <br />She noted that the City could try to get stimulus founds for removing and/or buying the <br />lighting poles. Mr. Glickert asked what the private subdivisions will go home with tonight <br />from this conversation. Ms. Feier said that they should go home tonight knowing that there <br />is a study underway that should be completed by end of spring at which time a letter will go <br />out to the subdivisions. <br />Mayor Adams said everyone needs to understand that even if a light is out, Ameren still <br />charges for that light. <br />Mr. Crow said that everyone needs to keep in mind that we are at the beginning of a <br />process and it is good to have the conversation now. The Council has never been <br />presented with turning out lights or discussed it so he is glad to have this conversation now. <br />He noted that until the study is done will there be any decisions made and if they felt they <br />were not be communicated with enough, to please let them know. <br />Mr. Price asked the City Manager about his concern over the long term solution as Ameren <br />will keep increasing their rates. He said we should be getting all the information on the <br />conversion from rental to ownership basis to prevent being tied to the will of Ameren versus <br />ownership. <br />2. <br />Interim Community Development Director Ms. Riganti updated Council on TIF Commission <br />activities and the potential Cunningham Park expansion. Ms. Riganti stated the purpose of <br />TIF is a development incentive to encourage redevelopment within a defined area. Funds <br />from a TIF can be used for acquisitions, site preparations and installation of site <br />improvements. University City has decided to use TIF districts judiciously and strategically <br />and we currently have two. The first was the Olive Central TIF district created in November <br />1988 which boundaries are the commercial properties on the north and south side of Olive <br />Blvd. between Midland to just west of the Westover Center. Just recently the City has been <br />acquiring properties within the TIF district and this proactive economic development activity <br />is consistent with the City’s Comprehensive Plan which states the physical and economical <br />redevelopment of Olive Blvd is the City’s highest priority. Advantages are the ability for the <br />City to land-bank property to control and influence development, to assemble tracts of land <br />into a large developable parcel and to facilitate the successful transformation of Olive into a <br />destination rather than a transportation channel. Ms. Riganti stated that to date twelve <br />parcels have been acquired. A design charette and an open house were held for input. <br />The second area the City has targeted is Olive at Midland and has purchased six properties <br />so far. Ms. Riganti emphasized that despite the economy the City has maintained its vision <br />and philosophy of only attracting a high quality developer of these properties. The second <br />active TIF is Kingsland Walk created in November 2009, with boundaries of the southeast <br />corner of Vernon and Kingsland. Once completed the development will include ninety-eight <br />residential units and 20,000 square feet of retail space. This is still in the early stages. Ms. <br />Riganti gave a report of the Council’s request for the expansion of Cunningham Industrial <br /> 9 <br /> <br />