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104 CONSENT AGENDA On motion by Mr. Toscano, seconded by Mr. Caravati, the following consent agenda items were approved, with the minutes of April 18th corrected by Mr. Toscano, by the following vote. Ayes: Mr. Caravati, Mr. Cox, Ms. Daugherty, Ms. Richards, Mr. Toscano. Noes: None. a. Minutes of March 1, 5, 8, 15, 18, 19 b. APPROPRIATION: $2,000 - Donation to YES Mentoring Program (carried over) c. RESOLUTION: Authorizing Administrative Approval of Subordination Agreements BE IT RESOLVED by the Council of the City of Charlottesville, Virginia, that the City Manager, or his designee, is hereby authorized to execute deeds of subordination or subordination agreements, subject to recommendation and approval as to form by the City Attorney, on behalf of the City; provided, however, that the subordination will not, in the City Manager's opinion, have a substantial adverse effect on the remaining equity which serves as security for the City's second lien. PUBLIC There were no matters by the public. OTHER BUSINESS Mr. Cox said he feels two things need to be done to access the impact of the Brass, Inc. proposal: an economic impact study (and suggested that the Board of Supervisors be written a letter asking them to undertake such a study) and a study of the traffic volume created as a result of the potential development (and suggested it be undertaken by the City's consultant in conjunction with his study of the design of the Meadowcreek Parkway.) Ms. Daugherty asked Councilors if they are interested in sending a letter to the Board of Supervisor requesting an economic impact study. Mr. Caravati asked what the cost of such a study would be and if there is any indication that the County would pay for the study. Ms. Richards said that the cost ora similar study in Kilmarnock was $15,000. Ms. Richards noted that the letter previously sent to the County by the Mayor had requested such as study, but said she would favor repeating the request. Ms. Daugherty said the City could offer to pay for half of the study. Mr. Cox suggested that the study include the affect on the County's current Walmart on Route 29 North, on Scottsville, and on the region. Ms. Richards said she has practical concerns that it may take a long time to collect regional data even though that might be desirable, and she feels that there is some time pressure to complete such a study. Mr. Caravati said he favors having the Mayor draft a letter, to be circulated to Councilors in advance for their comments, requesting a joint study that would study the impacts on the County and City. Mr. Toscano said he would also favor looking at the in,pact of the alternatives, such as what would be the impact on downtown if the site is developed with small retail shops.