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<br />could be painted and neighborhood signs would help improve Olive Boulevard. <br /> <br />Mr. Gregory Pace, 7171 Westmoreland, agreed with the previous speaker that an abundance of <br />the funds were going to Delmar, and suggested that other development besides retails should <br />benefit from the sales tax. He suggested that a business incubator be located in the old library <br />building. He also suggested that an expanded transfer and recycle station be constructed. <br /> <br />Ms. Ellen Bern, 7001 Washington and University City Chamber of Commerce Executive Director, <br />indicated that she suggested the 4:00 p.m. meeting time as it was more convenient to Chamber <br />members who may work but not live in University City. She then offered support for the staff <br />proposed database of for sale/lease/available properties for Olive Boulevard. She also <br />suggested that the Board support the Loop Media Hub project, business incentive grants and <br />marketing efforts. <br /> <br />Ms. Anne Marie Kiddon, 7348 Wellington Ave was troubled by the number of applications <br />submitted by the Loop Special Business District and felt the business association should finance <br />certain activities that do not benefit the whole city. Likewise, some Department of Public Works <br />and Parks requests should be regular budget items and were not enhancing the whole <br />community. She suggested upgrading the farmers market in the Loop or providing one in <br />another location. <br /> <br />There being no further comments by the public, the Public Hearing was closed at 4:34 p.m. <br /> <br />New Business <br />Ms. Riganti stated the staff recommendations were actually more favorable to Olive Boulevard than <br />to Delmar Boulevard ($298,875 to $188,400). Staff recommended a budget of $601,775 which <br />slightly exceeds anticipated revenue of $544,000. <br /> <br />Mayor Welsch asked if any money would be held in case any further applications come in <br />throughout the year. Ms. Riganti stated that reserve funding could be used for these applications. <br />Mr. Peters requested additional information about the Façade Improvement Program, Olive <br />Website, and Marketing/Promotions/Attraction items, for which applications were submitted to the <br />Board after the May 7 EDRST meeting. Ms. Riganti discussed these projects and indicated that the <br />request for funds for Commercial Property Website was to create and maintain a website specific to <br />Olive Boulevard; marketing and promotions request would be for brochures and other publications; <br />the Façade Improvement Program would be grants or loans to improve the facades on Olive <br />Boulevard in accordance with the Olive Boulevard Design Guidelines and the Board would help <br />define the program. Staff requests were in keeping with the 2005 Comprehensive Plan. Mr. Peters <br />expressed a desire for additional information before voting on the budget. <br /> <br />Ms. Wellington asked whether the budget vote could wait until more details emerged. Ms. Riganti <br />replied yes but the preference would be to vote now, so that a recommended budget could be <br />forwarded to City Council for consideration with the entire City Budget. Otherwise, the budget would <br />have to be submitted to City Council as a separate amendment at a later date. <br /> <br />Ms. Sydnor asked for a motion. Ms. Wellington made a motion to approve the budget as submitted. <br />Mr. Peters seconded the motion. The motion failed with Ms. Sydnor and Mr. Peters voting nay and <br />Ms. Wellington voting aye. <br /> <br /> <br /> <br /> <br />2 <br /> <br />