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The
City of Louisville began to see the anticipated growth in residential
housing that was predicted several years before.
As part of the 1998 goal setting process, City Council decided a
closer look was needed at the way the City was developing to ensure a
wise use of capital resources and to enhance service delivery for the
future needs of its citizens.
The City selected Northstar Planning and Design Incorporated to
guide the City in this community planning process. In 2000, after months
of hard work by many dedicated City and community members, the
Louisville Community Plan, a strategic approach to growth
management and capital project planning was completed and approved by
City Council.
This document will help the City leadership cope with the
increased demand for City services by acting as a guide for decision
makers when formulating future budgets and considering possible capital
improvements.
The following represents some of the areas of need addressed in
this document.
Residential,
commercial, and industrial development continued at a steady pace.
2000 saw the construction and opening of the Consumer National
Bank and a Dollar General Store.
In the City’s new industrial park, Southwest Electric completed
construction of a 14,000 square foot building that brought fifteen new
jobs to the city.
Residentially, developers continue to plat allotments that will
bring nearly 900 new housing units when built out.
Economic Outlook
The
cash position of the City at the end of Fiscal Year 2000 was the highest
in the last five years. The City, through sound balanced budgeting practices, has
recovered from the financial downturn that was experienced in 1996 and
1997 due to lower income tax revenues.
In fact, income tax revenue growth, on the average over the last
three years, has exceeded six percent per year.
With an eye to the future, the City engaged Northstar Planning
and Design who assisted in developing the Louisville Community Plan
concerning the development of the City over the next twenty (20) years.
This plan, adopted by City Council, provides a solid guideline
for the City’s future direction.
Beginning
in January 2001, the U.S. and local economy is caught in the grips of a
possible recession. The
City has seen this downturn through its income tax collections.
After the first three (3) months, income tax collections were
down by nearly –4.5% from 2000. This
reduction in collecting the cities largest revenue source is a
concern since we anticipated a +3% increase. In April, income tax collections showed an increase of +3.4%
causing some optimism. The
economy is beginning to show signs of rebounding.
Additionally,
the City has taken steps to diversify and increase its tax base.
In 1999, the City completed construction of a 29-acre commerce
park designed to encourage new industrial construction.
In 2000, the City welcomed the first tenant in the commerce park
creating fifteen (15) new jobs within the City.
Also, the St. Joseph’s Care Center has undertaken a 73,000
square feet addition adding 65 independent housing units which
represents a $6,100,000 investment in their facility.
Over the last four years, the City has worked with the private
sector to encourage expansion of existing facilities and the recruitment
of new facilities. The
City’s efforts in the four-year period have created over one hundred
(100) new job opportunities in the City, utilizing numerous economic
development tools. The City
is currently working on an industrial marketing strategy and taking
steps to open additional land for industrial and commercial development.
Future Considerations
Due
to the heavy rains experienced in 2000 and the continued development of
land within the Louisville watershed, the City will undertake a
comprehensive study of the drainage channels within the existing
boundaries of Louisville. This
study was suggested in the Louisville Community Plan and will
analyze the drainage areas within Louisville and identify solutions to
problems that promote flood conditions.
This plan when completed will be the basis to budget funds for
storm water improvements in subsequent years.
As
stated previously, construction has begun on the 500,000 gallon elevated
storage tank. The planned
location of the tank is on land purchased from developers of the
Whispering Pines allotment, situated south of the Eastgate School. Cost of the project is estimated in excess of $1.8 million,
with 49% of the project funded through grants and loans from the Ohio
Public Works Commission. Once
completed, residents in the immediate area will receive better water
delivery, and be afforded enhanced fire protection. This project will
also allow for industrial and commercial development to take place along
the State Route 62 corridor.
Another
implementation strategy suggested by the Louisville Community Plan
is the study of an alternative traffic flow for vehicles currently
utilizing State Route 44 through the City of Louisville.
With the forecast of additional development within Louisville and
the addition of more vehicles, it will be imperative to find alternative
routes for vehicles passing through the city.
This study will look at different routes, the impacts of each
possibility, and a recommendation on construction and funding.
The
City Council desires to enhance and expand the recreational
opportunities for all citizens. To achieve this goal, the Department of Community Programming
has taken over the operation of the recreation and senior programs.
Staffed with two full-time Program Coordinators, this Department
has overhauled the existing programs while creating new and exciting
program offerings for city and township residents. |