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463 <br /> <br /> downtown parking will be required regardless of the use to which <br /> <br /> the land is put. <br /> <br /> Mr. Calvin Roberts of 1206 Belleview Opposed the tax increase <br /> because there will he no direct benefits to most taxpayers and <br /> other projects are of more pressing importance to the City's <br /> citizens. <br /> <br /> Mr.. Neal Payton of 132 Ivy Drive, an architecture professor <br /> <br /> at the University of Virginia, asserted that the overall quality <br /> of life in the City would improve vastly with the project. He <br /> felt it would be critical to improve the physical link between <br /> the University and the downtown area through the West Main Street <br /> <br /> corridor and Vinegar Hill. He said if the taxpayers and City Council <br /> declined to-go forward with the project it woule be an <br /> indication that they really don't care enough about the vitality <br /> <br /> and health of the City. <br /> <br /> Mr. Roger Davis of 1010 Blue Ridge Road, a local business <br /> owner, said'this project is the last major hurdle to overcome <br /> in the process of revitalizing the downtown area. He said that, <br /> unlike some in the audience, he is not yet ready to give up on <br /> the City. <br /> <br /> Mr. Lionel Key of 2315 Price Avenue suggested a referendum <br /> <br /> on the bond issue before the City commits itself to this public <br /> financing. <br /> <br /> Mr. Michael Ludgate of 1140 Rose Hill Drive said the project <br />was an integral part of the City's maintaining its sense of pride <br />in itself. He said that a group with which he is associated, the <br />Virginia Broadcaster~ Association~ held a recent convention that <br />would have fit perfectly into the Vinegar Hill facility as <br />described in the preliminary design. He felt sure that many other <br />groups thmoughout the state would welcome the opportunity to <br />convene in Charlottesville. <br /> <br /> Ms. Daisy V. Riggs of 1614 King Mountain Road said the <br />taxpayers are the wrong source of revenue for this type of <br />project. <br /> <br /> Mr. Jay Levine of 696 Highland Avenue supported the project. <br /> <br />He said that something muat be done; if the Vinegar Hill site <br />were attractive enough and financially feasible, a private <br />developer would have grabbed it before now. As it is, the City <br />must demonstrate its willingness to share the risk of such a <br />venture with private capital. He said property taxes will increase <br />anyway, without the project, as the City's tax base erodes further. <br />He felt that the mall's health depends on what investment the City is <br />willing to make in it. <br /> <br /> Mr. Stan Epstein of 113 Altamont Circle and a local business <br />owner supported the project and said it was short-sighted to see <br />the proposal only~in the short-term. <br /> <br /> <br />