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HomeMy WebLinkAbout2025-01-07 Agenda and Supporting Documentation Town Council Afternoon Meeting1.Call to Order (3:00pm) 2.Presentation/Discussion (3:00pm) 2.1 Car Share Program Update (3:00pm)45 min. Staff requests Council to move forward with developing a partnership with Colorado Car Share to implement a local pilot program in Vail with at least two vehicles. Presenter(s): Cameron Millard, Clean Energy Specialist, Peter Krahenbuhl, Executive Director of Colorado Car Share Background: In February of 2023, Vail Town Council directed staff to commission a feasibility study for a car share program in Vail. This presentation will share the results of the study and recommendations for program design for a Vail car sharing program. 2.2 Employee Home Ownership Program (EHOP) Discussion (3:45pm) 30 min. Listen to presentation and provide feedback. Presenter(s): Krista Miller, Human Resources and Risk Management Director Background: After 16 years of great success with the Employee Home Ownership Program, staff wanted to provide an update to Town Council, recommend a few modifications, and request additional funding support if needed. 2.3 Colorado Department of Transportation (CDOT) Vail Pass Construction Project Update (4:15pm) 15 min. Verbal update only, no action required. Presenter(s): Greg Hall, Director of Public Works and Transportation and John Kronholm, Resident Engineer, Eagle Residency CDOT Background: Verbal update on progress for the Vail Pass VAIL TOWN COUNCIL MEETING Afternoon Session Agenda Vail Town Council Chambers and virtually by Zoom. Zoom meeting link: https://vail.zoom.us/webinar/register/WN_nYGDYlALQJm15Do8bipdbw 3:00 PM, January 7, 2025 Notes: Times of items are approximate, subject to change, and cannot be relied upon to determine what time Council will consider an item. Car Share Memo 1.7.25 24_Vail CarShare Report - Slide deck 24 - Vail Carshare Assessment Report EHOP TC Memo 2024 Dec 17 EHOP TC Attachment 2024 Dec 17 1 Construction Project. 3.DRB/PEC (4:30pm) 3.1 DRB/PEC Update (5 min.) 4.Information Update (4:35pm) 4.1 December Revenue Update 5.Matters from Mayor, Council, Town Manager and Committee Reports (4:35pm) 5.1 Matters from Mayor, Council, and Committees (15 min.) 5.2 Town Manager Report (5 min.) Vail Trailblazer Award Committee Selection Action Requested of Council: Confirm two elected officials to serve on selection committee for naming the next Trailblazer Award Recipient/s. 5.3 Council Matters and Status Report 6.Executive Session (4:55pm) (30 min.) Executive Session pursuant to: 1. C.R.S. §24-6-402(4)(b) - to hold a conference with the Town Attorney, to receive legal advice on specific legal questions regarding Short Term Rentals. 7.Recess 5:25pm (estimated) 2025-01-07 TOV.pdf DRB Results 12-18-24 PEC Results 12-23-24 250107 Revenue Update.pdf TM Update 010725.docx Winterfest Managers Report.pdf 250107 Matters Meeting agendas and materials can be accessed prior to meeting day on the Town of Vail website www.vail.gov. All Town Council meetings will be streamed live by High Five Access Media and available for public viewing as the meeting is happening. The meeting videos are also posted to High Five Access Media website the week following meeting day, www.highfivemedia.org. Please call 970-479-2460 for additional information. Sign language interpretation is available upon request with 48 hour notification dial 711. 2 AGENDA ITEM NO. 2.1 Item Cover Page DATE:January 7, 2025 TIME:45 min. SUBMITTED BY:Cameron Millard, Environmental Sustainability ITEM TYPE:Presentation/Discussion AGENDA SECTION:Presentation/Discussion (3:00pm) SUBJECT:Car Share Program Update (3:00pm) SUGGESTED ACTION:Staff requests Council to move forward with developing a partnership with Colorado Car Share to implement a local pilot program in Vail with at least two vehicles. PRESENTER(S):Cameron Millard, Clean Energy Specialist, Peter Krahenbuhl, Executive Director of Colorado Car Share VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Car Share Memo 1.7.25 24_Vail CarShare Report - Slide deck 24 - Vail Carshare Assessment Report 3 To: Town Council From: Department of Environmental Sustainability Date: January 7th, 2025 Subject: Car Share Program Feasibility Study I. Purpose The purpose of this memorandum is to provide the Vail Town Council with an update on a car share program feasibility study and findings. II. Background In February of 2023, Vail Town Council directed staff to commission a feasibility study for a car share program in Vail. A car share program has the potential to help Vail meet its climate, transportation, and community strategic goals by offerin g the following benefits: • Reductions in greenhouse gas emissions • Less congestion and parking demand • Decreased VMT (Vehicle Miles Travelled) • Increased mobility alternatives, especially for local workforce and residents • Enhanced flexibility for guests who use regional transit, electric bike share, and airport services • Equitable access to mobility solutions Colorado Car Share previously responded to a RFP for a car share program in Vail and Eagle County and offered to assist with the feasibility study. Colorado Car Share (CCS) is a non-profit organization active for over twenty years, currently operating carsharing in Boulder, Denver, Breckenridge, Dillon, and Frisco. CCS’s mission is to “empower our community to live a car-free lifestyle and have a positive impact on our health, wealth, and shared environment. We aim to make Colorado a “cooler,” healthier, and more socially equitable place to live.” In collaboration with CCS Executive Director Peter Krahenbuhl, staff and CCS conducted a survey and two focus group sessions with local residents, employees, and employers to help determine how to best design a car share program for Vail. 4 Town of Vail Page 2 Additionally, a site visit and demographic/spatial analysis with CCS helped provide the context for the study. III. Study Findings The recently completed study was intended to evaluate local conditions and the viability of parking locations, program costs, vehicle types, and other factors that could influence program participation in Vail. The results are summarized in the Executive Summary of the report, however overall interest and support for a program was strong among respondents and focus group participants. Some concerns were also raised around the viability of a car share program and some of its specific design parame ters such as location, vehicle type, and reservation logistics (i.e. having access to a vehicle when needed). Survey and focus group results are provided in the attached report and will be discussed in further detail during the presentation. The community engagement aimed to gauge interest in the program and determine preferences for factors such as vehicle types, locations, cost and pricing, vehicle amenities, concerns and barriers to use, and interest levels among potential user groups. IV. Staff Recommendation Staff recommends the Vail Town Council direct staff to move forward with developing a partnership with Colorado Car Share to implement a local pilot program with at least two vehicles in Vail to be located at a suitable Town of Vail property. $170,000 has been budgeted in 2025 to implement the pilot program with two vehicles. V. Next Steps Should the Town Council wish to move forward, staff will return to the Council with a contract for services with Colorado Car Share. Details of pricing structure, firm locations, specific vehicle types and other program specifics will be presented to include Council feedback and direction. Staff request Council feedback on program design and parameters, along with consideration of the requested community input. VI. Attachments A. Vail Car Share Assessment Report B. Vail Car Share Report Slide Deck 5 Peter D. Krahenbuhl Colorado CarShare www.CarShare.org Bike Share Bike Parking Free Mall Ride RTD Regional BusTown of Vail Car Share Feasibility Assessment & Recommendations 6 Report Process: 1.Community / Resident Survey 2.Stakeholder Focus Groups 3.Locations Analysis: ○Properties, Demographics, Transit Access, 4.On-site Review / Assessment ○Property types, ownership, location, density, etc. 5.Financials / Budget 6.Implementation Recommendations ○Phasing Locations ○Community Engagement Goal: Assessment, Community Engagement & Recommendations for the deployment of a carshare program in the Town of Vail 7 Carshare Benefits Important to support ALL stakeholders: ●Community ●Individuals ●Properties 8 Complimentary Mobility Options Near Mixed Income Neighborhoods, public transit & other mobility options 9 Survey - CO CarShare Impacts Since joining CO CarShare, do you do the following things less, about the same, or more than you did before joining?” Supporting and connecting to complimentary mobility modes 10 Impact! 7,000+ Members ~ 75 vehicles 11 12 AAA estimates that it costs the average American $7,835 to drive a sedan 10,000 miles per year. That’s $650 per month or $78 for every hundred miles, much more than just the price of gas. Car Sharing = Cost Sharing 13 Residents: Sharing vs. Owning 14 Survey Themes: 1.Positive Feedback: ○Support Active Public Transit Community ○Majority expressed enthusiasm for a program, citing reduced car ownership needs, benefits to locals / tourists, and environmental benefits. ○People are particularly excited about avoiding need for large or second vehicles. 2.Concerns/Negative Feedback: ○Parking issues and cost were recurring themes. ○Some voiced doubts about the feasibility of EVs, dependability of car availability, and concerns about maintenance and cleanliness. 3.Suggestions: ○Key features desired include snow tires, AWD, bike/ski racks, and child seats. ○Location flexibility & partnership with seasoned operators were highlighted. Survey Results - Over 200 Responses! Q7) If there was a carshare vehicle on/near-site, would you be more likely to go car-less or reduce the number of personally owned vehicles? 15 Need and Benefits Public Transit. Acknowledged solid improvements but identified gaps in convenience for certain trips, e.g. grocery runs, doctor appointments, or occasional road trips to nearby cities: Denver, Glenwood Springs or Summit County. Seasonal & Workforce Housing. Many felt carshare could benefit employees who need cars for errands or day trips but cannot afford or do not need to own a vehicle. Car Ownership (Cost). Some participants saw car share as a solution for eliminating a 2nd or 3rd personal vehicle, esp in families or households as affordable alternative for short-term needs such as running errands Environmental & Sustainability. A car share program is seen as a positive step toward reducing the environmental impact of individual car ownership (or 2nd or 3rd cars), especially with hybrid or electric vehicles. Focus Groups Themes 16 Considerations and Concerns Parking. A few questioned effectiveness of adding more cars to a community with already limited parking; Suggestions for alternative locations (e.g., Red Sandstone or Vail Transportation Center). Access & Convenience. Need for cars to be located near key users, e.g. employee housing & along transit lines. Concerns about availability / lack of convenience for users, esp. in bad weather. Walkability: Willingness to walk up to ¼ mile or 5-10 minute walk, or take a short bus ride, (e.g. to Red Sandstone Parking from nearby homes). Seasonality and Demand Variability. Population seasonality creates a challenge in balancing car availability, e.g. when there is more seasonal workforce in Vail. Weather & Driving Conditions. Winter weather safety concerns for carshare operations and users, including driving conditions, snow removal and battery range/life for EVs. Suggestion of using plug-in hybrids would address concerns over EV reliability and range in cold, harsh weather. Parking & Affordability. Concerns about high cost of car ownership, parking challenges and limited availability of affordable rental options (especially those from workforce housing or seasonal roles), and emphasized the need for a town-supported, subsidized model with affordable rates for residents as a key benefit. Program Scale & Sustainability. Concern that 2-4 vehicles might not provide enough coverage to gauge real demand and usability. Larger fleet of vehicles (6-10) would likely be needed for the program to reach “critical mass” and to accommodate fluctuations in demand. Focus Groups Themes 17 ●Mapping: ○Properties ○Demographics / Density ○Transit Access ●Site Visits: ○Property types: TOV-owned, Parking, Residential ○Ownership ○Location ○Density ○Parking Location Analysis 18 19 20 Town-owned properties: ●Vail Municipal Building: 75 S Frontage Rd West ●Vail Transportation / Visitors Center: 241 E Meadow Drive ●Lionshead Parking Structure: 395 E Lionshead Circle ●Red Sandstone: 551 North Frontage Road ●Donovan Pavilion: 1600 S Frontage Rd West ●Chamonix Rd. neighborhood / West Vail Fire Dept. ●East Vail area Other / non-Town-owned properties: ●Timber Ridge & to be developed West Middle Creek ●Residences at Main ●City Market parking area ●Private Parking areas, e.g. local Hotels Sites Considered / Visited 21 Yr. 1 Vail EV Carshare Budget New Cars 2 2 Total Cars Expenses Amount Qty Total Notes EV Charging Station Purchase ---Partner Contribution - site host EV Charging Station installation ---Partner Contribution - site host Vehicle procurement $50,000 2 $100,000 Will vary depending on vehicle type/cost Tech & Graphics (Procure & Install)$1,500 2 $3,000 Make-ready add-ons (e.g. snow tires, racks)$2,000 2 $4,000 Member Use Incentives, Subsidies, Discounts $20,000 Waived fees, carshare credit, discounts Vehicle Insurance $2,500 2 $5,000 Vehicle Maintenance & Repair $1,000 2 $2,000 Member Service, Admin & Outreach Support*$1,000 12 $12,000 One year (12 months) of support Fleet / Operations Support*$2,000 12 $24,000 One year (12 months) of support Project Management/Overhead*$1,000 12 $12,000 One year (12 months) of support Total OPEX $55,000 *Staff Expenses Total Program Budget $182,000 Income Partners (EVSI)-EVSI - Property owner External Funding: Grant, Local support, etc.$174,800 96.0% CO CarShare Contribution (earned income)**300 12 $7,200 4.0% ** CarShare Income will continue past yr. 1 Assumes light to medium use in Yr. 1 $182,000 Net Income $0 Financials - Yr.1 22 Financials - Yr. 2 Yr. 2 Vail EV Carshare Budget New Cars 2 4 Total Expenses Amount Qty Total Notes EV Charging Station Purchase ---Partner Contribution - site host EV Charging Station installation ---Partner Contribution - site host Vehicle procurement $50,000 2 $100,000 Will vary depending on vehicle type/cost Tech & Graphics (Procure & Install)$1,500 2 $3,000 Make-ready add-ons (e.g. snow tires, racks)$2,000 2 $4,000 Member Use Incentives, Subsidies, Discounts $15,000 Waived fees, carshare credit, discounts Total OPEX $62,000 *Staff Expenses Total Program Budget $184,000 Income Partners (EVSI)-EVSI - Property owner External Funding: Grant, Local support, etc.$155,200 84.3% CO CarShare Contribution (earned income)**600 12 $28,800 15.7% ** CarShare Income will continue past yr. 1 Assumes light to medium use in Yr. 1 $184,000 Net Income $0 23 Financials - Yr. 3 Yr. 3 Vail EV Carshare Budget New Cars -4 Total Cars Expenses Amount Qty Total Notes EV Charging Station Purchase ---Partner Contribution - site host EV Charging Station installation ---Partner Contribution - site host Vehicle procurement $50,000 - $0 Will vary depending on vehicle type/cost Tech & Graphics (Procure & Install)$1,500 -$0 Make-ready add-ons (e.g. snow tires, racks)$2,000 -$0 Member Use Incentives, Subsidies, Discounts $10,000 Waived fees, carshare credit, discounts Total OPEX $62,000 *Staff Expenses Total Program Budget $72,000 Income Partners (EVSI)-EVSI - Property owner External Funding: Grant, Local support, etc.$43,200 60.0% CO CarShare Contribution (earned income)**600 12 $28,800 40.0% ** CarShare Income will continue past yr. 1 Assumes light to medium use in Yr. 1 $72,000 Net Income $0 24 What we heard - Interest & Concerns ●Considerations ○Affordability ○Seasonality and Demand Variability ○Weather & Driving Conditions ○Parking, EVs & Charge Infrastructure ■Access; Time ■EV Range / Reliability ○Program Scale & Sustainability (financial support) ○Collaboration and Partnerships Implementation Recommendations 25 Phasing Locations - Residential Options ●Timber Ridge Village: Carshare stated purpose: alleviate parking pressure by creating an on-demand car rental in close proximity to dense, affordable housing. ●Residences at Main: 100% deed-restricted, rental residential development w/ 72 mixed apartments; Parking is extremely limited - partner with property managers or residents? Implementation Recommendations 26 Phasing Locations - Parking Structures ●Red Sandstone Parking Structure: 551 North Frontage Road ○Spare EV charging capacity, centrally located, covered parking, near bus stop ●Vail Transportation Center @ Visitors Center: 241 E Meadow Drive ○Centrally located, highly visible location - four 15 minute parking spaces ●Lionshead Parking Structure: 395 E Lionshead Circle ○Similar to Visitor Center: good, centrally located “in-village” location. ●Town Municipal Building: 75 South Frontage Rd West ○Centrally located option with some existing charge station infrastructure. Implementation Recommendations 27 Future Phase Locations ●West Middle Creek Housing - 2027 launch? ●Donovan Pavillion: 1600 S Frontage Rd West ○Closer to West Vail, tbus stop, not as high visibility ●Parking near City Market – needs relationship/partnership ●Private Parking – e.g. at/near hotels to support workers? Others (see Report) Implementation Recommendations 28 Procurement & Timeline Procurement 1)Carshare Org Procures / Owns ●Included in Proposed Budget - partner financial contribution 2)Town procures / owns / insures ●CO CarShare adds tech & Manages Program Municipal Fleet + Carshare vehicles = Cost Savings 29 Community Engagement Strategies: ●Build Relationships with Key Community Partners ○Establish trust and shared objectives to align on community needs and engagement strategies. Ensure support especially in equity / affordable housing areas. ●Leverage Multiple Approaches to Outreach ○Compliment digital w/ on-the-ground education and outreach ●Address Barriers Through Engagement ●Tailor engagement techniques, engagement events & inclusive marketing to enhance receptivity and reduce barriers. ●Establish Adequate Budget and Staff Needs ●Measure Success and Reflect on Outcomes Engagement 30 Peter D. Krahenbuhl Colorado CarShare www.CarShare.org Bike Share Bike Parking Free Mall Ride RTD Regional Bus Town of Vail Car Share Feasibility Assessment & Recommendations Open Discussion 31 Town of Vail Carshare Assessment &Recommendations Report Prepared by Colorado CarShare December 2024 32 Report:Vail EV Carshare Assessment Report Table of Contents 1.Executive Summary 3 2.Background 4 2.1 Town of Vail 2.2 Carshare Overview 2.3 Barriers and Opportunities 2.4 Colorado CarShare 3.Process /Methodology 8 4.Community Engagement 9 4.1 Survey Results 4.2 Focus Groups Summary &Insights 5.Location Analysis 16 5.1 Mapping:Properties,Demographics,Transit Access 5.2 Site Visit:Property types,Ownership,Location,Density,Parking 6.Budget /Financials 19 7.Implementation Recommendations 22 7.1 Phasing of Locations 7.2 Fleet Procurement &Makeup 7.3 Community Engagement Conclusion 27 Appendices Attachments A.1 Community Survey A.2 Community Survey Results A.3 Focus Group Questions A.4 Focus Group Summary 2 33 Report:Vail EV Carshare Assessment Report 1.Executive Summary Carsharing is a membership-based,mobility on-demand service that provides car access without ownership,where members pay only for the time and/or distance they drive.In addition to offering an equitable and sustainable alternative to private vehicle ownership,carshare reduces demand for road and parking space,vehicle miles traveled (VMT)and associated emissions,a benefit that is enhanced with electrification. This report summarizes our team’s assessment and recommendations for the deployment of a carshare program in the Town of Vail (Town).This was based on collaborating with the Town to conduct community surveys,and focus groups,as well as community-wide location and property analysis,population demographics and existing transit networks. The report begins by providing key context,including challenges and opportunities for a carshare program,both in general and specific to fleet electrification.This includes an industry overview and brief background on Colorado CarShare,followed by summaries and key takeaways from the community survey and stakeholder focus groups.The remainder of the report contains an overview of the location analysis,population and property review,and on-site visits.The resulting final section includes a summary of recommendations,including possible carshare locations,and a discussion of recommendations for implementation. Through this process,we analyzed a range of data,including demographic data,commuting habits,access to public transit,proximity to affordable housing,spatial and trip data from current transit services,access to EV charging infrastructure,and other key data.This complemented site visits,coordinated stakeholder workshops and a community survey to gather input.Drawing from these inputs,we identified up to six areas with potential for hosting carshare vehicles. Our team recommends that carshare vehicles,locations,and where appropriate required charging infrastructure,be implemented from 2025 to 2026.The priority should be on early implementation of carshare sites with higher visibility,denser housing populations,and established partnerships or ownership (e.g.Town-owned parking).Off-street locations,such as parking lots and garages,are favored for improved access to charging stations and reduced risk of damage,weather conditions and vandalism. A budget with cost estimates for launching and operating an carsharing service is also included, including capital expenditures such as vehicles (EVs and plug-in hybrids),EV and electric vehicle supply equipment (EVSE)costs if applicable,and operational expenses over a 2-year period,including maintenance,insurance,fuel,technology,and staff,as well as resident/member engagement,marketing and outreach,service support and administration. 3 34 Report:Vail EV Carshare Assessment Report 2.Background 2.1 Town of Vail In 2023 the Town of Vail released a Request for Proposals (RFP)for An Eagle County Regional Car Share Program with Vail,Avon,Minturn,and Eagle County.This effort aimed to seek proposals from vendors to develop and implement a regional car share program across partner community locations,in order to help achieve the following outcomes: 1.A reduction in greenhouse gas emissions 2.Less congestion and parking demand 3.Decreased VMT (Vehicle Miles Travelled) 4.Increased mobility alternatives,especially for local workforce 5.Complimentary transportation for guests who use regional transit,electric bike share, and airport service 6.Increased equity –access to mobility solutions and pricing structure for low/moderate income residents Colorado CarShare submitted a response to the RFP and was recommended by Town staff to be awarded as the selected vendor to support this initiative.Upon further discussion and review, the Vail Town Council decided that it required further feasibility analysis and readiness plan before implementing a related program.The Vail Town Council currently has three strategic priorities that benefit from the development of a car share program.These include: ●Strategic Priority A -Create a strong community and create affordable housing opportunities.A car sharing program is part of mobility plans related to the rezoning of Timber Ridge and West Middle Creek.One purpose of a car share program is to alleviate parking pressure on these sites by creating an on-demand car rental in close proximity to dense,affordable housing. ●Strategic Priority D -Transportation.A car sharing program reduces congestion in Vail by reducing the need to bring a car to Vail.If an on-demand car rental is available,it makes it easier to leave the car behind when visiting or moving to Vail. ●Strategic Priority E -Environmental Sustainability:Car sharing programs have been shown to reduce vehicle miles travelled,thus reducing emissions equivalent to 8,000 gallons of gasoline annually,preventing 73 tons of GHG emissions,and replacing 9-13 personally owned vehicles (saving $6,500 in car expenses to members).Electrification enhances these benefits. Colorado CarShare accepted the offer to help the Vail conduct this assessment,including a deeper dive into resident and community stakeholder engagement,carshare feasibility and site location recommendations.This report is the result of that process. 4 35 Report:Vail EV Carshare Assessment Report 2.2 Carshare Overview From The Carsharing Association (CSA):Carsharing is a membership-based service that provides car access without ownership.It is mobility on demand,where members pay only for the time and/or distance they drive.Every carsharing organization (CSO)is different,but carsharing has a number of distinct characteristics that are the same within every CSO: ●Guided by environmental and social principles Carsharing is defined by its environmental and social purpose,rather than just business and financial objectives. ●Local impact and community transit Carsharing is designed for local users in support of community transit and environmental goals,including decreasing personal car ownership,reducing vehicle distance travelled,and improving urban land use.It provides affordable access to vehicles and incentivizing walking,cycling and public transit, reducing dependence on fossil fuels and carbon emissions. ●Providing membership based services Carsharing is available to all qualified drivers in a community.All CSOs offer members access to a dispersed network of shared vehicles 24-hours,7 days a week at unattended self-service locations. Parking and Urban Space Management.A study of North American roundtrip carsharing members found that 25%sold a personal vehicle and another 25%postponed a purchase due to carsharing.It also found that one roundtrip carsharing vehicle replaces 9 to 13 private vehicles among members (Berkeley Institute of Transportation Studies.Feb 2021),freeing parking spaces and incentivizing urban redesign that prioritizes alternate economic and transport options. In addition to reducing vehicle miles traveled (VMT)and associated carbon emissions,further reductions in emissions can be achieved by including electric vehicles (EVs)in carsharing fleets.Existing carshare operators are increasingly exploiting this potential,with over 30 operators in North America now offering EVs (movmi,2024). The Chart below shows lifecycle emissions comparing a comparable gas to EV.The overall carbon reductions through avoided fuel consumption is less than half of a gas vehicle.On a renewable energy grid (Holy Cross Energy is reaching 90%clean energy supply),this gap widens further,to less than a fifth of the global warming emissions of an average new gas car. 5 36 Report:Vail EV Carshare Assessment Report It is important to consider the municipal goals related to interest in a carshare program,whether it is to help address transportation related climate goals,reduce parking and traffic pressure, increase public transit use,and or to provide accessible and affordable transportation options for certain populations.Capturing those benefits is also important for many stakeholders.Below is an example of carshare benefits based on a survey of Colorado CarShare Members. 2.3 EV Carshare Challenges Launching and sustaining a successful carshare program,particularly in less dense urban or rural areas,is not easy.It depends on community engagement that results in regular usage in order to make a successful business model work.In many such areas,carshare organizations depend on partnerships with property owners,local business,municipalities,and or other funding partners such as foundations.If anything,a community carshare program should be considered as a form of public transit,or rather,self-drive public transit,and it should be treated and supported accordingly. When considering whether or not to implement or transition to an electric vehicle (EV)carshare program,there are additional barriers and opportunities to consider. EV Infrastructure.Access to charging infrastructure is a critical factor in the success of EV carsharing.Although approximately 60%of Americans live within two miles of a public EV charger,the infrastructure network fails to support equitable access—only 17%of rural residents have nearby access to charging stations.This access challenge is further exacerbated for those living in lower-income and multi-family housing,which a nearby carshare service can help to 6 37 Report:Vail EV Carshare Assessment Report address.Vail can overcome this challenge by prioritizing locations with existing underutilized charging infrastructure. Operational Considerations:Fully charging an EV with Level 2 charging requires 8-10 hours. This is not an issue where EVs are plugged in overnight and ready for members the next day; however,in cases where cars have not been adequately charged,members may have insufficient range for their trips or may experience "range anxiety".In addition,charging infrastructure can experience performance issues in extreme weather (cold,hot,or snowy)and can pose maintenance challenges further impacting user experience.Without reliable access to charging stations,vehicles may be out of service for extended periods,negatively impacting operational efficiency.(movmi,2024) 2.4 Colorado CarShare Colorado CarShare (CCS)is a local non-profit organization that has been providing shared mobility options as an alternative to single occupancy vehicle (SOV)ownership for over 25 years.In addition to education and outreach regarding alternatives to vehicle ownership,CCS provides car sharing as a complement to public transit,micro-mobility,walking and biking. With a long-standing commitment to integrating carsharing within mixed-income communities, CCS now operates nearly 70 vehicles with a membership base of over 7,000 people, businesses,and other organizations,mostly across the Denver Metro region,as well as in Summit County around mountain towns.CCS serves “market rate”neighborhoods (e.g., downtown Denver)as well as mixed-income communities where the service provides equitable access to mobility options.In 2023 CCS members completed 5,113 trips using EVs in the fleet, which resulted in reducing tailpipe GHG emissions by 53.58 metric tons.Providing evidence of the potential of the environmental benefits of EVs in car sharing. 7 38 Report:Vail EV Carshare Assessment Report Each round trip Colorado carshare vehicle removes 9-13 vehicles from our roads,while supporting 60+families,individuals and businesses.In doing so,Colorado CarShare helps reduce the burden of family households’second largest expenditure next to shelter -- transportation –while connecting people with vital lifeline services.We also provide access to CO’s mountains and nature to people who otherwise would not have access to the outdoors.So in addition to reducing traffic,parking,carbon emissions and other pollution,there is a huge economic benefit to car sharing,particularly in lower-income areas.Our work brings together social equity,climate change,transportation and economic security. 3.Process /Methodology Colorado CarShare (CCS),working with Town staff,conducted research to inform carshare program options in Vail,including prospective carshare locations,numbers,and EV options, based on following considerations: ●Resident demographics,vehicle type,resident feedback,partner needs,funding availability,pricing,and existing or potential new dedicated charge station availability. ●Customer adoption potential,funding,operational complexity,technical feasibility and viability,as well as charge station ownership,cost and administration factors ●Equity considerations such as current transportation deficiencies,including lack of mobility options,affordability challenges,etc. This report summarizes the analysis and recommendations for the deployment of carsharing in the Town of Vail based on the following community engagement and analysis methodology: 1.Community Survey.CCS worked with Town staff to inform survey questions to identify carshare design components/needs,local resident demographics,transportation habits, etc.The survey was submitted to local residents and employees by the Town,resulting in a total of over 200 respondents.(See Community Survey -Appendix 1) 2.Stakeholder Focus Groups.To complement the survey results,CCS,in collaboration with the Town,conducted two focus groups to take a deeper and more qualitative dive into identifying community needs,barriers to participation,potential locations,suitability for a car share program,etc.The town organized,invited agreed attendees and hosted focus groups.(See Focus Group Questions and Summary -Appendix 3 &4) 3.Mapping and Data Analysis:The Town provided relevant data points to help CCS conduct research,for example related to potential properties (size,location,resident makeup),demographics and transit access. 4.On-site Review /Assessment.This included town site inspections of properties (e.g. residence vs.public parking,ownership,location,density),public transit routes,visitor center and parking lots,etc. 5.Recommendations &Presentation.This report and presentation is the result of the above process,including:resident and stakeholder engagement summary,potential carshare location and program rollout recommendations,and financial considerations. 8 39 Report:Vail EV Carshare Assessment Report 4.Community Engagement 4.1 Survey Results The local resident survey was geared toward collecting Vail resident and worker demographics, transportation habits and interest in a potential carshare program.It was submitted by the Town Over a month-long period from mid-october to mid-november,to local residents and employees on the Engage Vail communication platform Over 200 responses were received.(See Community Survey Results -Appendix 2) Here is a summary of survey question responses: 1)How many respondents drive (97%) 2)How often do you drive?(84%over 10 times /month) 3)On average,how often do you currently commute around the region using public transit or micro-mobility options like bike share?(37%do so two or more days per week) 4)If you had a more affordable transportation option available 24/7 and save a lot of money over owning your own vehicle,would you consider using it?(77%yes) 5)If there was a carshare vehicle at or near where you live,would you be less likely to drive your own personal vehicle(s)?(38%definitely yes) 6)If there were a carshare vehicle on/near-site that saves money,carbon emissions, parking and traffic,would you consider using it?How many times would you expect to use it?(84%overall yes,broken down by number of times per month) 7)If there was a carshare vehicle on/near-site,would you be more likely to go car-less or reduce the number of personally owned vehicles?(See chart below) 9 40 Report:Vail EV Carshare Assessment Report 8)How much would your participation in a carshare program be influenced by whether the vehicle was an electric vehicle (EV)?(51%positively or somewhat positively influenced) 9)What type of trip would you expect to use a car share vehicle for and what type of vehicle would best meet that use?[Open ended -see summary chart below] 10)What (area /neighborhood /zip code /address)do you live in?[Open ended -see summary chart below] 10 41 Report:Vail EV Carshare Assessment Report 11)Are you a full time Vail resident?(64.5%full or part time;17.7%work in Vail but live elsewhere) 12)What is your household family income?(16.7%Less than $52,750;32.5%Between $52,750 and $97,800;50.7%Greater than $97,800) 13)How many people live in your household and how many drive?[See chart below] 14)How many vehicles do you have in your household and what type are they? 11 42 Report:Vail EV Carshare Assessment Report 15)Do you own or rent your residence?(54%+own;44+%rent) 16)Is there any additional information you would like to convey about the potential for a car share program in Vail?[Open ended -see below] The last survey question allowed for more qualitative responses and insight regarding resident respondents’thoughts,concerns,interest,suggestions,etc.Because of the significant number of open-ended responses,the following is an AI generated summary table of quantified themes, with responses categorized as Positive Feedback,Concerns/Negative Feedback,and Suggestions.Each comment has been grouped,counted,and tabulated for clarity.: Category Subcategory Number of Comments Representative Feedback Positive Feedback General Enthusiasm 15 "Great idea!","Looking forward to this development!","Very nice initiative." Local and Tourist Benefits 10 "Amazing for locals and tourists alike.","This would help reduce rental cars and traffic." Potential for Reduced Car Ownership 8 "Would help us avoid buying a second car.","Great way to avoid owning a large vehicle for occasional use." Environmental Impact 5 "This can reduce emissions and parking needs." Useful for Specific Groups 4 "This would be huge for young locals!","Perfect for seasonal workers arriving without cars." Concerns/Negative Feedback Parking Issues 10 "Vail already has parking problems.", "Where will car share cars be parked?" Cost 8 "It all comes down to cost.","Might be too expensive for locals." Vehicle Accessibility & Maintenance 6 "What happens if the car isn’t returned on time?","How do we ensure the car is clean and functional?" Electric Vehicle Feasibility 4 "Charging infrastructure is insufficient.","EVs are impractical in winter or for long trips." 12 43 Report:Vail EV Carshare Assessment Report Dependability of Shared Cars 5 "What if the car isn’t available when I need it?","I’d worry about being stranded." Personal Vehicle Preference 3 "I’d rather own my car.","I don’t trust shared vehicles in adverse weather." Suggestions Vehicle Features 12 "Snow tires and AWD are essential.", "Add bike and ski racks." Pickup/Drop-off Locations 8 "Should have options in West/East Vail and near bus stops.",Multiple pick-up and drop-off locations would be useful.." Operational Improvements 6 "Allow one-way drops at airports or trailheads." Program Focus 5 "Prioritize locals over tourists.", "Offer child seats for families." Pricing and Incentives 4 "Ensure it’s affordable for locals.", "Avoid increasing parking rates." Insights from Comments 1.Positive Feedback: ○Majority (38)expressed enthusiasm for the program,citing reduced car ownership needs,benefits to locals /tourists,and environmental benefits. ○People are particularly excited about avoiding the need for large or second vehicles. 2.Concerns/Negative Feedback: ○Parking issues (10)and cost (8)were recurring themes. ○Some voiced doubts about the feasibility of electric vehicles,dependability of car availability,and concerns about maintenance and cleanliness. 3.Suggestions: ○Key features desired include snow tires,AWD,bike/ski racks,and child seats. ○Location flexibility &partnership with seasoned operators were highlighted. The survey responses illustrated transportation use patterns,including an active public transit community,and it highlighted an interest in a community carshare program.However,it is important to keep in mind that what survey respondents say they are willing to do is not always aligned with what they actually do and may result in two different outcomes.As a result,some of the more qualitative insights regarding community interest,perceived benefits and concerns regarding this type of program are highlighted and summarized based on the in-person focus groups,described in the next section. 13 44 Report:Vail EV Carshare Assessment Report 4.2 Focus Groups Summary The two focus groups held in November provided valuable insights on resident preferences, concerns,and considerations for launching a car-sharing program in Vail.Both carshare focus groups were held on November 7th,the first one was at 12 PM at the Town Public Library with eight participants,and the second focus group was that evening at Bart and Yeti’s with 7 participants.Key demographics between the two groups included local residents,seasonal workers,families,and employees with limited access to cars.After providing a general carshare and organizational overview,we dove into qualitative,relevant discussion topics.(See Focus Group Summary -Appendix 4) While there was general support for the car share program,particularly for workforce housing and as an alternative to first,second or third car ownership,there were also concerns about parking availability,reliability,and user demand.The following summarizes these workshops: Need and Benefits Public Transit.Participants acknowledged Vail’s public transportation improvements but identified gaps in convenience for certain trips,like grocery runs,doctor appointments,or occasional road trips to nearby cities like Denver,Glenwood Springs or Summit County. Seasonal and Workforce Housing.Many felt the program could benefit employees who need cars for errands or day trips but cannot afford or do not need to own a vehicle. Car Ownership (Cost).Some participants saw car share as a solution for eliminating a 2nd or 3rd personal vehicle,especially in families or households as it could be an affordable alternative to owning an additional car for short-term needs such as running errands Environmental &Sustainability.A car share program is seen as a positive step toward reducing the environmental impact of individual car ownership (or 2nd or 3rd cars),especially with hybrid or electric vehicles. Considerations and Concerns Parking.Several participants questioned the effectiveness of adding more cars to a community with already limited parking (e.g.,Timber Ridge,Lionshead,Vail Village),with suggestions for alternative locations (e.g.,Red Sandstone or Vail Transportation Center).Concerns were expressed about safety,such as driving in snow,car availability,and potential congestion. Access &Convenience.Participants emphasized the need for cars to be located near key users,especially in employee housing and along transit lines.Concerns about availability (e.g., the risk of a car being unavailable due to a late return)and potential lack of convenience for users,especially in bad weather,highlighting the need for nearby “buddy”carshare vehicles and starting the program with more than just two vehicles.When pressed on how far residents would 14 45 Report:Vail EV Carshare Assessment Report walk to access a carshare vehicle,the general feedback was that participants are willing to walk up to ¼mile or 5-10 minute walk,or take a short bus ride,for example to Red Sandstone Parking Structure from nearby homes (e.g.Residences at Main Vail). Seasonality and Demand Variability.The seasonality of Vail's population creates a challenge in balancing car availability.The workforce may have high demand for vehicles for errands or day trips,while in the summer,tourists or second homeowners may also create demand,though this is less likely as the program is more geared toward locals in more dense areas. Weather &Driving Conditions.Vail’s winter weather presents unique challenges for both car share operations and users,including driving conditions,snow removal and battery range/life for EVs.The suggestion of using plug-in hybrids would address concerns over EV reliability and range in cold,harsh weather. Affordability.Participants expressed concerns about the high cost of car ownership,parking challenges and the limited availability of affordable rental options (especially those from workforce housing or seasonal roles),and emphasized the need for a town-supported, subsidized model with affordable rates for residents as a key benefit. Program Scale &Sustainability.Both focus groups agreed that starting with 2-4 vehicles might not provide enough coverage to gauge real demand and usability.A larger fleet of vehicles (6-10)would likely be needed for the program to reach “critical mass”and to accommodate fluctuations in demand. Conclusion The feedback from the two focus groups indicates significant interest in a car share program, particularly as a solution for workforce housing residents and for reducing reliance on personal vehicles.However,success will hinge on careful consideration of location,affordability,and reliability—particularly in terms of vehicle availability and weather resilience.Starting with a pilot program in select high-demand/visibility areas and near denser housing populations,combined with strategic partnerships and subsidized pricing,could help to address key concerns and ensure the program's success. 15 46 Report:Vail EV Carshare Assessment Report 5.Location Analysis 5.1 Mapping:Properties,Demographics,Transit Access In addition to population and other resident data points provided by Town staff,we also analyzed Vail’s publicly available government map in order to overlay additional data points,such as employee housing units,town-owned property,population census blocks,parking lots,etc.(See below images). Vail Town maps including Town owned property and Employee Housing Units 16 47 Report:Vail EV Carshare Assessment Report Vail Town Map including Population Census Blocks The goal through this process was to identify potential properties that could be viable carshare host locations based on land-use,population density and demographics,parking limitations and local workforce housing access.This was also analyzed within the context of Vail’s existing public transit in the form of the current free year-round bus service.(See below map) By overlaying these relevant datasets we were able to identify potential viable future (EV) carshare locations,though this “remote”review required on-site inspections,as described in the next section. 5.2 Site Visit:Property types,Ownership,Location,Density,Parking We conducted on-site visits covering the identified areas to gather direct observations and develop a more nuanced understanding of the neighborhoods,which we used to subsequently refine our site selection.Working with Town staff,this included gaining a better on the ground understanding of existing inputs,as described in earlier sections of this report.We complimented this with Vail Town Council and staff feedback and direction,including a strong preference to be accessible to the more dense,affordable housing areas in town.We also assessed parking options for safety,accessibility,visibility,and importantly,EV charge station infrastructure (current or future potential).Sites visited and considered as possible carshare locations include the following: 17 48 Report:Vail EV Carshare Assessment Report The following addresses are Town-owned properties visited: ●Vail Municipal Building:75 S Frontage Rd West ●Vail Transportation /Visitors Center:241 E Meadow Drive ●Lionshead Parking Structure:395 E Lionshead Circle ●Red Sandstone:551 North Frontage Road ●Donovan Pavilion:1600 S Frontage Rd West ●Chamonix Rd.neighborhood /West Vail Fire Dept. ●East Vail area Other,non-municipally-owned properties that were inspected: ●Timber Ridge &to be developed West Middle Creek ●Residences at Main ●City Market parking area ●Private Parking areas,e.g.local Hotels All of the above highlighted areas were visited during on-site inspections across the Town. 18 49 Report:Vail EV Carshare Assessment Report 6.Budget /Financials To provide a clear understanding of the financial requirements to ensure that EV car sharing is successfully established and on a path to long-term sustainability,this section includes a summary of a budget estimate to launch and operate a car share service.Capital expenditures such as vehicles (EVs and plug-in hybrids),EV and electric vehicle supply equipment (EVSE) purchase costs and operational expenses (OPEX)over a 3-year period,including maintenance, insurance,fuel,technology,and staff,as well as resident/member engagement,marketing and outreach,service support and administration. The major cost components for a car sharing service include: ●Vehicles ●Vehicle-related insurance and depreciation ●EV infrastructure where relevant ●Car share service OPEX (cost),including fleet management,member engagement and support,technology (hardware and software),etc. Operational income is earned income from carshare member use.Sites that are located in demographic areas,for example near denser housing with less parking/vehicles and lower income residents,are more likely to achieve earned income revenue sufficient to meet operating costs.This,however,will likely not be sufficient alone to ensure program sustainability in Vail,at least in initial years and until there is denser housing near carshare locations. Note that the below budget identifies,but does not include costs for charge station infrastructure,as it is assumed that they already exist or that partner locations provide that investment.It also includes a suggested average EV price of $50k that includes a mix of AWD and 2WD vehicles.There are numerous EVs that cost less than that amount,particularly with state and federal incentives,and traditional or hybrid vehicles may also cost less. The following budget estimate is based on launching a three-year,four-vehicle pilot carshare program.This includes two new car locations in year one and two more in year two.The total budget for year one is estimated to be approximately $182,000.Conservatively,earned income is estimated at $7,200,so the program would require about $175,000 from the Town or another income source source.Year 2 would be similar with two additional vehicles added,resulting in slightly higher OPEX costs but also higher earned income expectation as the program picks up speed and will have four vehicles (estimated to rise to $28,800),resulting in contributing support needed at about $155,000.In year three,without new vehicle procurement and increased program earned income,the total budget is estimated at $72,000 with estimated total Town contribution of $43,200.Total support needed for a three year pilot program is approximately $373,200.See below for an estimated detailed 3-year budget breakdown. 19 50 Report:Vail EV Carshare Assessment Report Yr.1 Vail EV Carshare Budget New Cars 2 2 Total Cars Expenses Amount Qty Total Notes EV Charging Station Purchase ---Partner Contribution -site host EV Charging Station installation ---Partner Contribution -site host Vehicle procurement $50,000 2 $100,000 Will vary depending on vehicle type/cost Tech &Graphics (Procure &Install)$1,500 2 $3,000 Make-ready add-ons (e.g.snow tires,racks)$2,000 2 $4,000 Member Use Incentives,Subsidies,Discounts $20,000 Waived fees,carshare credit,discounts Vehicle Insurance $2,500 2 $5,000 Vehicle Maintenance &Repair $1,000 2 $2,000 Member Service,Admin &Outreach Support*$1,000 12 $12,000 One year (12 months)of support Fleet /Operations Support*$2,000 12 $24,000 One year (12 months)of support Project Management/Overhead*$1,000 12 $12,000 One year (12 months)of support Total OPEX $55,000 *Staff Expenses Total Program Budget $182,000 Income Partners (EVSI)-EVSI -Property owner External Funding:Grant,Local support,etc.$174,800 96.0% CO CarShare Contribution (earned income)**300 12 $7,200 4.0% **CarShare Income will continue past yr.1 Assumes light to medium use in Yr.1 $182,000 Net Income $0 Yr.2 Vail EV Carshare Budget New Cars 2 4 Total Expenses Amount Qty Total Notes EV Charging Station Purchase ---Partner Contribution -site host EV Charging Station installation ---Partner Contribution -site host Vehicle procurement $50,000 2 $100,000 Will vary depending on vehicle type/cost Tech &Graphics (Procure &Install)$1,500 2 $3,000 Make-ready add-ons (e.g.snow tires,racks)$2,000 2 $4,000 20 51 Report:Vail EV Carshare Assessment Report Member Use Incentives,Subsidies,Discounts $15,000 Waived fees,carshare credit,discounts Total OPEX $62,000 *Staff Expenses Total Program Budget $184,000 Income Partners (EVSI)-EVSI -Property owner External Funding:Grant,Local support,etc.$155,200 84.3% CO CarShare Contribution (earned income)**600 12 $28,800 15.7% **CarShare Income will continue past yr.1 Assumes light to medium use in Yr.1 $184,000 Net Income $0 Yr.3 Vail EV Carshare Budget New Cars -4 Total Cars Expenses Amount Qty Total Notes EV Charging Station Purchase ---Partner Contribution -site host EV Charging Station installation ---Partner Contribution -site host Vehicle procurement $50,000 -$0 Will vary depending on vehicle type/cost Tech &Graphics (Procure &Install)$1,500 -$0 Make-ready add-ons (e.g.snow tires,racks)$2,000 -$0 Member Use Incentives,Subsidies,Discounts $10,000 Waived fees,carshare credit, discounts Total OPEX $62,000 *Staff Expenses Total Program Budget $72,000 Income Partners (EVSI)-EVSI -Property owner External Funding:Grant,Local support,etc.$43,200 60.0% CO CarShare Contribution (earned income)**600 12 $28,800 40.0% **CarShare Income will continue past yr.1 Assumes light to medium use in Yr.1 $72,000 Net Income $0 21 52 Report:Vail EV Carshare Assessment Report The trajectory for a self-sustaining program would have to be reviewed over the course of the pilot program.While it is feasible for the program to sustain itself in the medium to long term,it is important to keep in mind that launching and sustaining a successful carshare program, particularly in less dense urban or rural areas,is not easy.Consider treating the program a form of self-drive public transit,and support it accordingly. The sites identified for implementation in 2025-26 are more likely to be financially self-sustaining over the medium plus term,but will require support to launch and operate in the short term (at least three years).The sites identified for implementation in 2027 and beyond will require additional operational support funding for a period of at least two years from launch before they may achieve financially sustainable revenues. Financially,the more likely scenario over time is that each carshare location will require up to $10k per vehicle location per year,which should be budgeted accordingly,and or additional resources should be identified over time.One example of the latter is Colorado’s Community Accelerated Mobility Project (CAMP)Grant funding for community-led,shared e-mobility projects,which will be funding these types of programs for ten years (starting in 2024). 7.Implementation Recommendations What we heard.Overall,residents of Vail expressed strong interest in a carsharing program, particularly as a solution for workforce housing and those seeking to reduce reliance on personal vehicles.There is support for targeting workforce housing areas,such as Timber Ridge and Residences of Main Vail,where parking is limited and residents face challenges with car ownership.Accessibility to carshare vehicles was a key concern,with participants emphasizing the need for convenient,proximity-based locations near higher-density housing and public transit routes,while concerns about weather (especially winter conditions)and the reliability of EVs suggest starting with hybrid or plug-in vehicles could be a part of the solution. In determining recommendations for launching a community carshare program in Vail,the following should be considered: Affordability.Participants expressed concerns about the high cost of car ownership,parking challenges and the limited availability of affordable rental options,,and emphasized the need for a town-supported,subsidized model with affordable rates for workforce/seasonal housing and income-qualified individuals.as a key benefit. Seasonality and Demand Variability.The seasonality of Vail's population creates a possible challenge in balancing car availability.The workforce may have high demand for vehicles for errands or day trips,while in the summer,tourists or second homeowners may also create demand,though this is less likely as the program is more geared toward locals in denser areas. 22 53 Report:Vail EV Carshare Assessment Report Weather &Driving Conditions.Vail’s winter weather presents unique challenges for both car share operations and users,including driving conditions,snow removal and battery range /life for EVs.The suggestion of using plug-in hybrids would address concerns over EV reliability and range in cold,harsh weather. Program Scale &Sustainability.Both focus groups agreed that starting with 2-4 vehicles might not provide enough coverage to gauge real demand and usability.A larger fleet of vehicles (6-10)may be needed for the program to reach “critical mass”and to accommodate fluctuations in demand,but that would likely also increase challenges related to keeping a fleet viable during low demand periods.Once daily per vehicle use exceeds 5 hours per day (20% use)and demand outstrips availability,this is a threshold for considering additional site vehicles. Collaboration and Partnerships.Developing partnerships between carshare operators,the Town and local businesses,including hospitality,can support the establishment of a robust network of charging stations in strategic locations,thus bolstering the operational viability of carsharing.One example of this was highlighted during the focus groups when a staff member of Sonnenalp Hotel suggested this could be a valuable service for their employees who may live in Vail but not own a vehicle.A related idea is to consider offering a partnership related to hotel parking with staff benefits in return. Program Implementation To ensure success,the program should prioritize higher visibility,density/demand,accessible locations and prioritize affordability,especially for mixed-income and local workforce households.A pilot phase in these areas,with subsidized pricing,significant outreach support, and strategic partnerships with businesses like hotels and commercial properties,could address key concerns and boost sustainability.The program should be flexible and reliable,with clear communication around vehicle availability,maintenance,and weather resilience.Additionally,a scalable model with tiered membership plans could accommodate both workforce residents and occasional users,addressing fluctuating demand and ensuring broad accessibility. 7.1 Phasing of Locations We recommend that an initial 3-year program,including at least four carshare vehicle locations, and where appropriate charging infrastructure,be implemented from 2025 to 2027,with the first four vehicles added in 2025-2026.The priority should be on early implementation of carshare sites with higher visibility,more dense and workforce housing,transit connections,and established parking partnerships or town ownership.Off-street locations,such as parking lots and garages,are favored for improved access to charging stations and reduced risk of damage, weather conditions and vandalism.The following site location are recommended initial program options,including four cars over the first two years: 23 54 Report:Vail EV Carshare Assessment Report Timber Ridge Village Residential ●Timber Ridge Village ○A goal of the car share program is to alleviate parking pressure on sites with an on-demand car rental in close proximity to dense,affordable housing.At Timber Ridge,the PEC application narrative from the developer states that:Car share and other “common use”parking spaces can be accommodated in Building D.All commercially reasonable efforts will be made to identify a company to provide a car sharing amenity for the future residents at the Timber Ridge II development. (Timber_Ridge_II_Redevelopment__-_Applicant_Narrative_GR_06262023.pdf,Page 13) ●Residences at Main Vail ○This is designed as a 100%deed-restricted,for rent,residential development including a mix of 72 one-and two-bedroom apartments;Parking there is extremely limited so a partnership would have to be developed with property managers.Another idea is to pay a resident to allow use of their parking space. Parking Structures ●Red Sandstone:551 North Frontage Road ○This location has spare EV charging capacity,is centrally located with covered parking near a bus stop,etc.It is not as convenient as being located right on residential sites,but would be worth a pilot EV carshare location. ●Vail Transportation Center at the Visitors Center:241 E Meadow Drive ○This a very centrally located,highly visible location that would help to get the word out about the program.There are also four 15 minute parking spaces here: 24 55 Report:Vail EV Carshare Assessment Report ●Lionshead Parking Structure:395 E Lionshead Circle ○Similar to the Visitors Center,this is a good,centrally located “in-village”location. ●Town Municipal Building:75 South Frontage Rd West ○This offers a centrally located option with some existing charge station infrastructure.While it is crowded during peak occasions (e.g.Town Council meetings),it is highly visible,centrally located and relatively safe.Ultimately,the Town will have to balance prioritizing this program with limited parking. As more,denser affordable and workforce housing comes online in the coming years,locations may be shuffled or new locations added.The following could be considered: ●West Middle Creek –expected launch in 2027 Rendering of future West Middle Creek housing project ●Donovan Pavillion:1600 S Frontage Rd West ○Closer to West Vail,there is a bus stop,maybe not as high visibility a location. ●Parking near City Market –pending relationship/partnership building) ●Private Parking –e.g.at/near hotels to support their workers (e.g.a focus group participant suggested this) 25 56 Report:Vail EV Carshare Assessment Report 7.2 Fleet Procurement &Makeup We recommend launching the pilot program with at least 50%electric vehicles (EVs)or plug-in hybrid vehicles (PHEVs),particularly as this program is geared toward helping the Town achieve its emissions reductions goals.PHEVs are a great bridge to full EVs as they eliminate the battery range concern.At least 50%of the carshare vehicles should be AWD,some of which with ski /bike racks.The remaining 2WD vehicles would be well-equipped with winter tires as appropriate,which is sufficient for most commuter needs due to the heavier,lower center of gravity of EVs.Hybrids/non-EVs should only be considered where viable host locations are not yet electrified.Plans should be in place to add charge station infrastructure in those instances. From a procurement perspective,Vail has a couple of options.It can budget in for the carshare provider to procure,own and operate all carshare vehicles.The benefit is being hands-off and not having to get involved with vehicle ownership,maintenance,insurance,etc.The downside is that the Town would not own the vehicles but can request a committed time frame from a carshare organization (CSO).The second option,pending CSO agreement,is for the Town to procure and own vehicles directly through its fleet department.The Town would technically own the vehicles,but then would have to come to an agreement with the CSO related to maintenance,damage,etc,similar to how fleet vehicles are currently managed. Based on all of the above considerations and recommendations,the following is a high-level timeline overview for the first 2 years of car share program implementation that involves vehicle procurement.Note that it may be possible to purchase,make-ready and onboard vehicles more quickly but the below chart takes a conservative approach.: 26 57 Report: Vail EV Carshare Assessment Report 7.3 Community Engagement Of vital importance to the success of any carshare program, is a deep level of resident and community engagement. As such we recommend implementing the following strategies: Build Relationships with Key Community Partners/Liaisons ● It is important to identify and engage key stakeholders early to establish trust and shared objectives, including meetings to align on community needs and engagement strategies. Ensure alignment and support through local resident / community liaisons where needed, especially in equity / affordable housing areas. Leverage Multiple Approaches to Outreach ● Use a mix of outreach and engagement methods to maximize impact, such as QR code decals on vehicles and targeted digital marketing. On-the-ground education and outreach support, for example at local community events, etc. can compliment this. Address Barriers Through Engagement ● Tailor engagement techniques to reduce resistance and enhance receptivity, including equity considerations related to inclusive marketing materials and engagement events that accommodate different schedules. Gather input and feedback over time. Establish Adequate Budget and Staff Needs ● Allocate sufficient resources for engagement activities including bilingual where relevant Measure Success and Reflect on Outcomes ● Define success, track engagement, and adapt strategies based on feedback / outcomes. Conclusion The above assessment of a carshare program in Vail was based on Town input, resident surveys and focus groups, as well as community-wide location and property analysis, population demographics and transit networks. Based on that process, the recommendations in this report are for the deployment of a pilot program for three years. Overall, there is significant interest in a car share program, in particular for workforce housing, in order to help residents save money while reducing reliance on personal vehicles. It would also help to mitigate parking pressure and support municipal climate and transportation goals. However, success will hinge on careful consideration of location, affordability, and reliability—particularly in terms of vehicle availability and weather resilience. A pilot program should include high-demand/visibility areas and near denser housing populations, combined with strategic partnerships and subsidized pricing. Signficant support for community engagement and programmatic operations for at least the first several years will be necessary. And finally, it should include periodic review and assessment in order to ensure program success. 27 58 AGENDA ITEM NO. 2.2 Item Cover Page DATE:January 7, 2025 TIME:30 min. SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Presentation/Discussion AGENDA SECTION:Presentation/Discussion (3:00pm) SUBJECT:Employee Home Ownership Program (EHOP) Discussion (3:45pm) SUGGESTED ACTION:Listen to presentation and provide feedback. PRESENTER(S):Krista Miller, Human Resources and Risk Management Director VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: EHOP TC Memo 2024 Dec 17 EHOP TC Attachment 2024 Dec 17 59 To: Town Council From: Human Resources & Risk Management Department Date: December 17, 2024 Subject: Employee Home Ownership Program (EHOP) Recommendations I. INTRODUCTION In 2008, the Town Council approved the creation of an Employee Home Ownership Program (EHOP) which provides equity share mortgage loans to town employees purchasing homes in the region. Funding to start the program was included in the 2009 General Fund budget. After 16 years of great success with the program, staff wanted to provide Council with an update, recommend some modifications and request additional funding support if needed. II. PROGRAM SUMMARY AND RECOMMENDATIONS The current EHOP program is an Equity Share Mortgage Loan. With an equity share loan, there is no interest and no payments for the term of the loan. Instead, when the loan is repaid, the repayment is a proportionate share of the appreciation on the home in addition to the original principal of the loan. For example, an employee purchasing a $400,000 property with a town EHOP loan of $40,000 (10% of the purchase price) then sells the property several years later for $500,000 generating $100,000 in appreciation. The loan repayment would be the original $40,000 plus 10% of the equity appreciation or $10,000. The equity share arrangement is advantageous to the town in that appreciation of homes in the Vail area have outpaced interest that could be earned on these funds. From an accounting standpoint, these investments are reflected on the balance sheet as an asset, and do not show up as an expenditure each year. The General Fund fund statement displays the amount of funding at the bottom. In 16 years, the EHOP program has provided 60 loans to employees with an average loan amount of $41,015. To date, 38 of these loans have been fully repaid bringing an additional $398,809 in increased equity value returned to the town. This equates to a return of 29%, with an annual average return of 6.5% for these repaid loans. The town has a positive track record in EHOP loans and the security of real property to back the loans. At the program’s creation in 2009, Town Council appropriated $690,000 from internal housing programs and rental income (out of the General Fund) to be used to invest in the EHOP program. In 2010, 2018 and 2020, Council approved increases in funding available for a total investment of $1,190,000. The additional earned equity of $398,809 from loan turnovers has raised the available funding to $1,588,809. With 22 loans outstanding valued at $1.087M, the current available funding for loans available for new loans is approximately $500K. 60 Town of Vail Page 2 The mortgage industry has new regulations and the housing market in the region is changing, thus staff is recommending several changes to the program. Fannie Mae and Freddie Mac are government-sponsored enterprises (GSEs) which support around 70% of the mortgage market, meaning that most conventional loans are either purchased or backed by one of these two entities. These entities have updated guidelines for down-payment assistance programs that limit the potential use of our EHOP for borrowers. Our current program is still viable for portfolio and other loans that are not backed by the GSEs. The guidelines for GSE backed loans no longer allow for an equity share loan when the term is shorter than the primary conventional mortgage, which are typically 30 years (current EHOP term is 15 years). The Town has two options to allow pairing with these mortgages: Option 1 – Retain Equity Share – Staff Recommended Option This option keeps the program much the same with an extended term from 15 to 30 years to match the primary mortgage term. The equity share allows the town to continue to use the gained equity (which is typically higher than an interest rate) to reinvest in the program for the future. Since the equity share program does not have a monthly payment, it maximizes the employee’s ability to qualify for a primary mortgage. Option 2 – Convert to an interest rate-based loan This option changes the program to establish an interest rate (utilizing a low interest rate index) with monthly payments and retains the 15 year term. The interest rate can also be set to change upon separation of employment which could incentivize retention and/or early repayment. The monthly repayments impact an applicant’s debt-to-income ratio equating to less borrowing capacity in the primary mortgage, although provides a regular and faster repayment to the town. For example, a $150k loan at 3% interest, amortized over 30 years, repayment would be $632/month. The chart attached outlines the two options presented compared to the current program. The chart also includes some recommended program updates and the two options. - Several employees have requested extending the 50 mile distance for eligible properties. - Staff recommends increasing the available loan amounts to the lesser of $250,000 or 20% of the purchase price. (Current maximums: $10% for deed-restricted property, $120k in Vail, $75k within 50 miles of Vail) - Staff recommends adding a First Right of Refusal when available which would allow the Town to acquire the property upon sale if desired. Several other EHOP programs provide a forgiveness of interest/equity during employment or if repaid early. For example, Eagle County forgives the equity gain if repaid within 24 months, and the ambulance district forgives 10% annually if they remain employed. If interested, the town could consider equity forgiveness if Town of Vail employment is retained for five years and the loan is repaid within 10 or 15 years (IE: forgive 50% of equity gain if employed five years after loan closing). While this could incentivize retention and early payoff, it will limit the equity/interest gain for future program funding. The town has two other programs to support employee housing for municipal workers which includes town-provided rental units and rental deposit loans. The town staff are proposing creation of a more comprehensive Internal Housing Strategy for all of town’s municipal employee housing programs to provide a framework for future decision making in supporting municipal employee housing programs. 61 Town of Vail Page 3 III. ACTION REQUESTED BY THE TOWN COUNCIL Staff asks the Town Council to provide direction on the recommended program changes noted. - Does the Town Council support increasing loan limits to $250k or 20% of purchase price? - Does the Town Council support extending the equity share loan to 30 years or converting the program to an interest rate loan? - Does the Town Council support additional funding via supplemental appropriation if available funds drop below $250,000? - Does the Town Council support providing loans beyond the 50 mile region? - Does the Town Council want to consider forgiveness of equity if repaid early and/or employment continues? 62 Employee Home Ownership Program (EHOP) Current Program Recommendations Retain Equity Share Model – extend term to 30 years Recommendations Move to Interest rate Model Eligible Borrowers Full-time municipal employees with 6 months of service. No changes No changes Eligible Properties Primary residences taxed as real property within the Town of Vail limits or within 50 miles of town. Employee requests to extend distance from the town. Employee requests to extend distance from the town. Loan Maximum Amounts – Within TOV limits – Within 50 miles of TOV – Deed restricted properties – $120,000 – $75,000 – 10% max up to above limits Increases recommended Allow all loans up to max value and percent: – $250,000 – 20% of purchase Increases recommended Allow all loans up to max value and percent: – $250,000 - 20% of purchase Interest Rate None – Equity share (repayment based on share in equity growth) None – Equity share (repayment based on share in equity growth) Set interest rate: 3.0% during employment (Can tie to community rate index or fed funds) Increases to match primary mortgage rate upon separation. Debt ratio Maximum total debt to income of 43% No changes No changes Assets May not have net assets exceeding 1.5x income (retirement accounts excluded) No changes No changes Borrower minimum investment 5% of purchase price No changes No changes Term and Repayment Max term - 15 years Repayment upon: – Sale – Refinance – No longer primary residence – Secure additional loans against property – Bankruptcy or foreclosure filings Max term - 30 years No changes to repayment Max term - 15 years Monthly payments of principal and interest. Amortized over 30 years with balloon payment at 15 years. Full repayment upon sale, refinance, no longer primary residence, other loans, or bankruptcy/ foreclosure. First right of refusal None Recommendation Include a first right of refusal allowing town to acquire property 63 64 AGENDA ITEM NO. 2.3 Item Cover Page DATE:January 7, 2025 TIME:15 min. SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Presentation/Discussion AGENDA SECTION:Presentation/Discussion (3:00pm) SUBJECT:Colorado Department of Transportation (CDOT) Vail Pass Construction Project Update (4:15pm) SUGGESTED ACTION:Verbal update only, no action required. PRESENTER(S):Greg Hall, Director of Public Works and Transportation and John Kronholm, Resident Engineer, Eagle Residency CDOT VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 2025-01-07 TOV.pdf 65 Vail Pass Safety and Operations West Vail Pass January 7, 2025 Vail Pass Safety and Operations 1 Work Completed in Summer 2024: Wildlife Fence Posts East Bound MP 187-190 Detour Pavement (for 2025 detour) East Bound MP 187-189 Curve Correction Walls MP 188 Water Quality/Sediment Collection Ponds along recreation Paved some of 3rd Lane from 188.5 – 190 Drainage improvements Fiber optic relocation and electric mainline installation New Bridge piers for East Bound Bridge at MP 185 (Polk Creek) Paved new I-70 Alignment to Bridge at MP 185 66 Vail Pass Safety and Operations Construction Package 4 January 7, 2025 Vail Pass Safety and Operations 267 Vail Pass Safety and Operations Construction Package 5 January 7, 2025 Vail Pass Safety and Operations 368 Vail Pass Safety and Operations West Vail Pass January 7, 2025 Vail Pass Safety and Operations 4 Planned work for Summer 2025: Detour traffic head to head (barrier separated) Avalanche Mitigation – Traffic Holds for 6 weeks +/- Begin larger wildlife underpasses Continue to pave eastbound new 3rd lane Continue wildlife fence installation Continue Drainage work Open 3rd lane for winter of 2025/2026 (work continues into 2026) Install new girders and bridge deck at MP 185 (Polk Creek) Complete bridge at MP 185 and remove old eastbound bridge Project is currently on schedule and planned to be completed in November of 2026 69 Town of Vail Wildlife Fence Installation January 7, 2025 Vail Pass Safety and Operations 5 Install 8’ tall wildlife fence with gates and jump outs – planned 2027 MP 178.8 to MP 183.5 installed between frontage road and I-70 (West Vail Interchange to Frontage Road Overpass in East Vail) Wild Animal Collisions State 5% Eagle County 9% Vail 17% 70 Dowds Variable Speed Limit January 7, 2025 Vail Pass Safety and Operations 6 Majority of work is completed Variable Speed Limit signs are in the testing phase Planned to be fully operational this winter Some seeding work may be required this spring Planned to function automatically by algorithm: - Roadway Friction (wet, icy, snow) - Visibility - slowdown (queue develops) Goal is a 20% reduction in crashes Fixed the lighting, except for the ramps 71 AGENDA ITEM NO. 3.1 Item Cover Page DATE:January 7, 2025 SUBMITTED BY:Greg Roy, Community Development ITEM TYPE:DRB/PEC Update AGENDA SECTION:DRB/PEC (4:30pm) SUBJECT:DRB/PEC Update (5 min.) SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: DRB Results 12-18-24 PEC Results 12-23-24 72 Design Review Board Minutes Wednesday, December 18, 2024 2:00 PM Vail Town Council Chambers Present: Roland J Kjesbo Kit Austin Mary Egan Rys Olsen Herbert Roth Absent: 1. Virtual Meeting Link Register to attend Design Review Board Meetings. Once registered, you will receive a confirmation email containing information about joining this webinar. 2. Call to Order 3. Main Agenda 3.1 DRB24-0469 - Hurtt Residence Final review of a conceptual single family home Address/ Legal Description: 4978 Meadow Drive/Lot 18, Block 7, Bighorn Subdivision 5th Addition Planner: Jonathan Spence Applicant Name: Gerorge C Hurtt Revocable Trust, represented by Pierce Austin Architects DRB24-0469 Plan Set.pdf DRB24-0469 Renderings.pdf Conceptual only. No action necessary 3.2 DRB24-0460 - Essin/Iberlin Residence Conceptual review of addition and exterior alterations Address/ Legal Description: 4264 Columbine Way 12/Bighorn Terrace & 4264 Columbine Way 11/Bighorn Terrace Planner: Jamie Leaman-Miller Applicant Name: James & Jacqueline Iberlin / William Essin, represented by Alicia Davis Architect PC DRB24-0460 Documents.pdf DRB24-0460 Conceptual Plans.pdf Conceptual only. No action necessary 3.3 DRB24-0443 - One Vail Place Final review of an exterior alteration (paint) Address/ Legal Description: 244 Wall Street, Lot A & C, Block 5C, Vail Village Filing 1 Planner: Jamie Leaman-Miller Applicant Name: Represented by One Vail Place Condominiums DRB24-0443 Documents.pdf Design Review Board Meeting Minutes of December 18, 2024 1 73 Existing Conditions Photos.pdf DRB24-0443 Plans.pdf Herbert Roth made a motion to Table to January 15, 2025; Rys Olsen seconded the motion Passed (4 - 0). 3.4 DRB24 -0449 - Apres Vous Investments LLC Final review of an addition Address/ Legal Description: 483 Gore Creek Drive 1/Lot #1, Vail Village Filing 4 Planner: Jamie Leaman-Miller Applicant Name: Apres Vous Investments, represented by 159 Design DRB24-0449 Photos & Documents.pdf DRB24-0449 Plans.pdf Conditions: 1. The applicant shall provide all utility verification forms prior to building permit submittal 2. Prior to building permit submittal the applicant shall provide a mitigation and restoration plan for the limits of disturbance on town property to be approved by Staff. This work to be completed by the applicant prior to September 5, 2025. Rys Olsen made a motion to Approve with conditions and the findings it meets 14-10-4 & 14-10- 5; Roland J Kjesbo seconded the motion Passed (5 - 0). 4. Staff Approvals 4.1 DRB24-0428 - Bullchamp LLC Final review of a sign application Address/ Legal Description: 2810 Aspen Court/Lot 13, Vail Village Filing 11 Planner: Jamie Leaman-Miller Applicant Name: Bullchamp, represented by Pinnacle Mountain Homes 4.2 DRB24-0430 - Two Hearts LLC Final review of exterior alteration (deck/snowmelt/windows/doors) Address/ Legal Description: 2009 Sunburst Drive/Lot 15, Vail Valley Filing3 Planner: Jamie Leaman-Miller Applicant Name: Two Hearts LLC, represented by Nebdo Construction 4.3 DRB24-0430.001 - Two Hearts LLC Final review of an exterior alteration (soffit material) Address/ Legal Description: 2009 Sunburst Drive/Lot 15, Vail Valley Filing 3 Planner: Jamie Leaman-Miller Applicant Name: Two Hearts LLC/represented by Nedbo Construction 4.4 DRB24-0434 - Alpen Dogs Final review of a sign application Address/ Legal Description: 616 West Lionshead Circle 206/Lot 1, Vail Lionshead Filing 4 Planner: Jonathan Spence Applicant Name: Alpen Dogs, represented by Pierce Austin Architects 4.5 DRB24-0444 - Lionshead Arcade Condo Design Review Board Meeting Minutes of December 18, 2024 2 74 Final review of a sign application Address/ Legal Description: 531 East Lionshead Circle/Lot 3, Block 1, Vail Lionshead Filing 1 Planner: Greg Roy Applicant Name: Lionshead Arcade Condo, represented by Roaring Fork Sign and Lighting 4.6 DRB24-0445 - Smathers Residence Final review of an exterior alteration (water heater) Address/ Legal Description: 1975 Placid Drive 14/Lot 29-42, Vail Village West Filing 2 Planner: Jonathan Spence Applicant Name: Smathers Family Trust, represented by Plumbing Systems Inc 4.7 DRB24-0450 - Bailey Residence Final review of an addition Address/ Legal Description: 1190 Casolar Del Norte Drive A/Lot 6, Casolar Vail Planner: Jonathan Spence Applicant Name: Mike & Suzi Bailey, represented by Pierce Austin Architects 4.8 DRB24-0452 - Wilcox/Ozzello Residence Final review of an exterior alteration (windows, door) Address/ Legal Description: 400 Vail valley Drive 4/Tract B, Vail Village Filing 1 Planner: Heather Knight Applicant Name: John Wilcox & Janice Ozzello, represented by Berglund Architects 4.9 DRB24-0455 - Del Toro Final review of a sign application Address/ Legal Description: 2211 North Frontage Road West/Lot 1, Highline Sub Planner: Jonathan Spence Applicant Name: Del Toro, represented by Daniela Acero 4.10 DRB24-0465 - Pazzos Pizza Final review of an exterior alteration (door) Address/ Legal Description: 122 East Meadow Drive 9/Tract C, 5E, Vail Village Filing 1 Planner: Jonathan Spence Applicant Name: Pazzos Pizza, represented by Nedbo Construction 4.11 DRB24-0467 - 298 Rockledge LLC Final review of a sign application Address/ Legal Description: 298 Rockledge Road/Lot 16, Block 7, Vail Village Fililng 1 Planner: Jonathan Spence Applicant Name: 298 Rockledge LLC, represented by Paragon Homes 4.12 DRB24-0468 - 298 Rockledge LLC Final review of a sign application Address/ Legal Description: 298 Rockledge Road/Lot 16, Block 7, Vail Village Filling 1 Planner: Jonathan Spence Applicant Name: 298 Rockledge LLC, represented by Paragon Homes Design Review Board Meeting Minutes of December 18, 2024 3 75 4.13 DRB23-0286.001 - Mexamer Final review of new construction (duplex) Address/ Legal Description: 990 Fairway Court, Lot #4, Block 1, Vail Village Filing 7 / Vail Village Filing 10 Planner: Heather Knight Applicant Name: Mexamer II Fairway Court LLC, represented by KH Webb Architects 5. Staff Denials 6. Adjournment Design Review Board Meeting Minutes of December 18, 2024 4 76 Planning and Environmental Commission Minutes Monday, December 23, 2024 1:00 PM Vail Town Council Chambers Present: David N Tucker William A Jensen Robert N Lipnick John Rediker Scott P McBride Brad Hagedorn Robyn Smith Absent: 1. Virtual Link Register to attend the Planning and Environmental Commission meeting. Once registered, you will receive a confirmation email containing information about joining this webinar. 2. Call to Order 3. Main Agenda 3.1 A request for a recommendation to the Vail Town Council of an application to reestablish Special Development District No. 43, pursuant to Section 12 -9(A), Special Development Districts, Vail Town Code, to allow for the development of a hotel addition, add conference space and an employee housing apartment building, and related uses and improvements, located at 2211 North Frontage Road West which is composed of Tract C, Lot 1, Lot 2, and Lot 3 Vail Das Schone Filing No. 1 and Lot 1, Vail Das Schone Filing 3, and setting forth details in regard thereto. (PEC24-0039) This item's attachments can be found with item 3.2 PEC24-0044 Planner: Greg Roy Applicant Name: TNFREF III Bravo Vail LLC represented by Mauriello Planning Group Rediker introduces Items 3.1 and 3.2. The items are heard concurrently. Planner Roy gives a presentation. He walks through the history, site plans, existing conditions, and proposed plans. Roy and commission discuss details of the parking study for the Highline. Lipnick asks about the size of the EHUs in the apartment building. Roy says from 800 sf up to 1200 sf. Rediker asks about the conditional use permit in 2019? Has anything happened with that, does it need to be addressed? Roy says the CUP is still in place, not a requirement of the SDD. Planning and Environmental Commission Meeting Minutes of December 23, 2024 1 77 Rediker says the existing non-conformities we’re addressing today were previously addressed in the SDD approval, which has now expired. Roy says we’ve realized the SDD needs to address the existing non-conformities today. Rediker asks about loading and delivery. Roy says the spaces will stay the same, he highlights the two spaces on the site map. The PEC can deviate on the size of the loading spaces. Hagedorn asks about the height deviations. Roy says all portions of the additions fit within the 48’. Any future redevelopment will have to conform with that height. Smith asks about housing as a public benefit versus housing as a code standard. Roy talks about commercial linkage and inclusionary zoning. That is not seen generally as a public benefit because it’s required. The employee housing on the north of the site is not required by linkage, it’s seen as an additional benefit. Smith, four of the units are permanent public benefit, the remainder are temporary until required for a future project. Smith asks how has this proposal changed from the last time? Roy, generally it’s very similar. The fire-truck turnaround has a different orientation. Smith, will we have to come back again if the project doesn’t finish? Roy says the development plan would come back. The applicant is represented by Dominic Mauriello with Mauriello Planning Group. Maurielloo says in our view, we’re here getting an extension with slight change. Staff has a different view with a re- establishment of the SDD. We’re really talking about the same process of something that has been thoroughly reviewed. All the deviations were previously approved, we’re not asking for anything new or different. Mauriello gives a presentation. He talks about the employee housing requirements. He talks about the changes made to the application with the fire code and the fire-resistant landscaping. All of these EHU units are public benefit in recognition of the SDD. Four of those units cannot be banked. Rediker asks if the whole new wing complies with the 48’ height, Mauriello says yes except for the elevator tower on the south which can exceed that per code. Rediker and Mauriello discuss the operation of the valet parking. Mauriello says there will be a controlled area specifically for the valet parking. The valet spaces are enclosed. The EHU building may have its parking within the valet area, to be addressed with a parking management plan. This is also a good location for someone to live without a car. Jensen asks employee housing mitigation. Mauriello talks about the employee housing mitigation bank and how that has been applied in the past. Smith and Mauriello talk about the expirations with the previous approvals. Smith says the West Vail Master Plan recognizes this. She would like further clarification as to the transporation master plan, streetscape plan, and the proposed sidewalk on the north and west of the site. Mauriello, you would extend the sidewalk if something were to happen in the future where it should extend to the property line on the southwest. Planning and Environmental Commission Meeting Minutes of December 23, 2024 2 78 Smith, this is off the property and don’t want to hold up this approval but the design of the streetscape is a conversation we should have. Smith asks if that conversation can be continued, Roy says it would be best to talk to the Town Engineer for that conversation. Smith asks about the grass product. Mauriello says they thought tit was better than it being asphalt. Smith, the parking lot is currently very lit up. It would be good to address that, especially for the residents of the EHU building. Mauriello says they will be responsive to that concern. Rediker asks about the parking approvals from 2019. Why was it determined that the meeting room space would require zero spots? Mauriello say the parking study showed that the actual utilization was less than the parking requirement. When you took the project wholistically, the conference room was being accommodated because the hotel was overparked on a per unit basis. That’s a simplified version of the study, can give you a more detailed version of that. Rediker asks about the management of the snow storage when the hotel is full of guests. Mauriello says it can be a challenge but it’s not something that’s not manageable. Rediker asks about the current snow storage on the south of the building. Mauriello thinks currently some of it happens on the back of the site. Tucker says currently some of it is stored by the pool. Rediker, what was the conversation previously in regard to parking for the EHUs? Roy, it was a mixture of valet and the spaces back there. There are also six spaces on the north side of the covered parking, plus the option to utilize the valet. From staff’s perspective it’s about making sure there are spaces allocated within the parking plan. Jensen, as long as the hotel is operating the EHU it’s just a management problem. But if they decide to sell the housing site it could create problems. Rediker asks if the enclosed parking is buried. Mauriello, eventually the parking will be seen as being underground. The garage is buried for the majority of the perimeter. Roy talks about previous geohazard studies. There will be a site-specific report for this project with a building permit submittal. Rediker asks for public comment. Molly Reagan, lives in the neighborhood. She wants to talk about quality of life, and the potential for three years of construction traffic on Chamonix Road. They have young children in the area. Appreciate that there is going to be more discussion about what traffic in west Vail looks like. Walkability, and community engagement were goals of the WVMP. This will cause more noise in that neighborhood, the pool at the hotel is already very noisy, would like to talk more about noise as it pertains to the hotel. Construction traffic will only access via Chamonix, which is a big concern for everyone in that neighborhood. Rediker closes public comment. Tucker, everything has been well laid out. Concerned about purchasing a unit where the parking wasn’t fully realized, in terms of the EHU. Planning and Environmental Commission Meeting Minutes of December 23, 2024 3 79 Smith, this reaffirms that SDD’s are a risky business. Wants to honor continuity of governance, and provide a consistent process. Since the plan hasn’t changed since the last time, ok with extending approval. Ok with phasing, the concern is always that the EHU’s are not going to be delivered, but there is a condition in there. We need a public process to produce design guidelines and a streetscape vision for Chamonix, shouldn’t put that on any one applicant. Personally is opposed to the sidewalk, but wants to talk to Town Engineer. Lipnick, overall approve of this process. Concerned about the EHU having specific parking spots, especially if it’s sold to someone else. The management of parking is crucial, but it’s crucial everywhere in Town. Concerned about the neighbors along Chamonix, that their needs are addressed – noise, construction, etc.. In general, supports this project, but come back with more specifics. Jensen, his overall view is just reapproving an existing plan with some modest modifications. The EHU in its location will benefit the Chamonix residences, providing shielding from the highway. Encourages applicant to commit to assigned parking spaces for the EHU’s in the underground parking. That will provide the most value to the people living there year-round. Hopes that construction access occurs through the property and not Chamonix. Hagedorn, this is an example of why SDD’s have become a thorn. A lot of the issues we’ve seen this year are derived from SDD’s. Not interested in revisiting this agreement, this is an extension. A three- year sunset is not realistic for SDD’s in today’s environment. He supports a sidewalk along Chamonix, it would be a benefit to have some pedestrian access there, a broader conversation about that would be great. McBride, shares concern about parking, not sure we can continue to make the same assumptions. Understand if the Town and applicant have come to an agreement if this is an extension. Rediker, wants to have a better understanding of the process, the end result might be the same but want to understand the process. Don’t see any issues necessarily with the planset. With the expansion will there be any extra trash services involved with that? Roy says it may be increasing frequency of service but not expanding. Rediker, all the deviations are reasonable, some are minimal. Want to make sure parking works, in particular parking for the EHU. If the EHU building is under different ownership that’s where difficulties may arise. We have a reduction in snow storage, and an area that is not conducive to snow removal. Wants to make sure snow storage is properly addressed and wants to know Staff’s opinion on that. There have been some comments today giving a lot of leeway to the previous approval. Mauriello, they will plan to designate some parking spaces to the EHUs, or a condition that if it’s no longer managed by the hotel there will need to be dedicated parking. Rediker, agree we don’t want sidewalks all over town but this is an area that is prime for a sidewalk, there is a public benefit to that. Brad Hagedorn made a motion to Table to the January 13th, 2025 meeting; Robyn Smith seconded the motion Passed (7 - 0). 3.2 A request for review of an Exterior Alteration, pursuant to Section 12-7J-12, Exterior Alterations or Modifications, Vail Town Code, to allow for a hotel addition and an EHU apartment building, located at 2211 North Frontage Road West which is composed of Tract C, Lot 1, Lot 2, and Lot 3 Vail Das Schone Filing No. 1 and Lot 1, Vail Das Schone Filing 3, and setting forth details in regard thereto. (PEC24-0044) Planning and Environmental Commission Meeting Minutes of December 23, 2024 4 80 Planner: Greg Roy Applicant Name: TNFREF III Bravo Vail LLC, represented by Mauriello Planning Group Staff Memorandum - PEC24-0044 - PEC24-0039.pdf Attachment A. Vicinity Map.pdf Attachment B. Applicant Narrative.pdf Attachment C. McDowell Parking Analysis.pdf Attachment D. Skyline Geoscience Geologic Study.pdf Attachment E. McDowell Transportation Impact Study.pdf Attachment F. Project Plan Set.pdf (Item heard concurrently with 3.1) Brad Hagedorn made a motion to Table to the January 13th, 2025 meeting; Robyn Smith seconded the motion Passed (7 - 0). 3.3 PEC24-0049 - 2000 Vail LLC A request for a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 2000 Chamonix Lane, Buffehr Creek Resubdivision, Lot 37, from the Two Family Primary/Secondary (PS) District to the West Vail Multi-Family (WVMF) Overlay District. (PEC24-0049) Planner: Heather Knight Applicant Name: 2000 Vail LLC, represented by Current Architects PEC24-0049 Chamonix Rezone Staff Memo.pdf Attachment A. Vicinity Map - Buffer Creek Resub, Lot 37 - 2000 Chamonix Lane.pdf Attachment B. 2000 Chamonix - Applicant Narrative.pdf Attachment C. 2000 Chamonix - survey.pdf Attachment D. 2023-19 Ordinance.pdf 2000 Chamonix Ln Redevelopment - Email1.pdf Planner Knight gives a presentation. She talks about the existing site and surrounding area. She talks about the master plan context. She walks through the zoning summary for the existing and proposed zoning. Hagedorn and Knight discuss the 40% EHU requirement for GRFA. Smith, to clarify if the mitigation amount is above 438 sf, an EHU is required on site. The applicant is represented by Michael Current with Current Architects. He says the property fits what this was intended for. The client was originally planning on building a two -family duplex, but this became an interesting opportunity when this overlay was approved. There are no concrete plans yet, but the idea is one EHU with three bedrooms. Get’s the Town an EHU that people want, gives the site a little more site coverage and GRFA. Jensen asks about the potential parking for the EHU. Current says a three-bedroom unit would require three surface spots, with the new standards there would be room for that. The unit may be about 1,600 sf, the plans are very preliminary. Tucker, will this come back to PEC? Roy, says if recommended it would go to Council for final approval of the rezoning and then DRB. Rediker asks for public comment. They have received public comment that was given to the Planning and Environmental Commission Meeting Minutes of December 23, 2024 5 81 commissioners today. Knight says she had phone conversations with neighbors and the main concerns were about density, bus usage, and increased traffic. Jon and Barbara Kirschner live in the neighnorhood. Jon Kirschner says they are all for redevelopment, but they’ve been given to understand there is the potential to have five more EHUs on the site. Barabara Kirschner says they are in favor of one EHU, maybe even two EHUS, but if it gets up to seven units it’s a lot more traffic and commotion. We want to live in a safe, quiet neighborhood, there have been problems in the neighborhood. Very concerned about the seven units, when it gets bigger it’s too much. Jon Kirschner says when they redeveloped their property in 2008 it was built according to code in the county as a 50/50 duplex, then we were informed we had to do primary/secondary split. That should still be in effect for Chamonix Lane. We’re happy to not look at that fourplex any more. The other neighbors agree with this, but they couldn’t be here. Rediker closes public comment. He asks for commissioner comment. McBride, concerned why we're being asked to vote on something up to 7 units. Hagedorn, this is not binding as to a development plan. It allows for flexibility in granting more GRFA for securing EHU’s on properties. This is functioning like we intended it to, without the applicant opting in there would be no EHU and it would be a luxury duplex. This shows there is some incentive here. Believes it meets the criteria, makes sure at least one workforce housing unit is preserved on this property. Jensen, like the idea of a three bedroom unit as opposed to one bedroom units, there would be the opportunity for a family to live here. This is what we hoped for with this plan. Lipnick is in support of this. The overlay was proposed for benefiting the residents and workers in West Vail, and this meets the criteria. Smith supports application. This meets the criteria; she concurs with the findings. This is exactly what we were intending with the overlay district. We can’t condition zoning; we built this overlay carefully to say this is likely to produce what is desired. What’s important is that we are respecting and retaining that neighborhood, an old building gets redeveloped in a way that is good for the community. Doubt anybody could park 7 units, it is self-limiting. Tucker, likes the proposal, appreciate you’ve taken advantage of it. Looking forward to seeing what it looks like. Rediker agrees it meets the criteria. Appreciates the public comment, the public can be reassured when we were looking at a lot this size. It could never be a giant parking building on this lot, because of the way the overlay is structured, it is naturally limiting it due to the criteria involved. William A Jensen made a motion to Recommend for approval with the findings on page 12 & 13 of the staff memo; Robyn Smith seconded the motion Passed (7 - 0). 4. Approval of Minutes 4.1 PEC Results 12-9-24 PEC Results 12-9-24.pdf Planning and Environmental Commission Meeting Minutes of December 23, 2024 6 82 (Lipnick abstains) David N Tucker made a motion to Approve ; Brad Hagedorn seconded the motion Passed (6 - 0). 5. Information Update 6. Adjournment Robyn Smith made a motion to Adjourn ; David N Tucker seconded the motion Passed (7 - 0). Planning and Environmental Commission Meeting Minutes of December 23, 2024 7 83 AGENDA ITEM NO. 4.1 Item Cover Page DATE:January 7, 2025 SUBMITTED BY:Carlie Smith, Finance ITEM TYPE:Information Update AGENDA SECTION:Information Update (4:35pm) SUBJECT:December Revenue Update SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 250107 Revenue Update.pdf 84 1 TOWN OF VAIL REVENUE UPDATE January 7, 2025 4.0% General Sales Tax Upon receipt of all sales tax returns, November 2024 collections are estimated to be $1,741,192, down (8.4%) from 2023 and down (2.1%) from the budget. The decline in October and November 2024 collections can partially be attributed to the allocation of Q4 quarterly fillings, which, by comparison, are reflected in the October and November 2023 totals. Quarterly filings allocated to these months will be updated in the next revenue update, which will include December 2024 collections. 2024 YTD collections of $36,068,471 are down (0.3%) from 2023 and up 1.3% from the budget. Inflation as measured by the consumer price index was up 2.7% for the 12-months ending November 2024. The annual budget totals $40.85 million. 0.5% Housing Fund Sales Tax Upon receipt of all sales tax returns, November 2024 collections of the 0.5% housing sales tax are estimated to be $209,804, down (8.4%) from 2023 and down (2.8%) from the budget. 2024 YTD collections of $4,371,236 are down (0.4%) from 2023 and up 1.3% from the budget. The annual budget for the housing fund sales tax totals $4.95 million. Real Estate Transfer Tax (RETT) RETT collections through December 26 total $9,346,776, up 16.9% from 2023. The number of property sales (excluding time-shares) is tracking down (7.9%) from 2023, while the average collection is tracking up 26.0%. Several high-dollar residential property sales during 2024 increased the town’s average RETT collection. The proposed amended budget for RETT collections totals $8,212,318. Construction Use Tax Use Tax collections through December 24 total $3,078,166 compared to $2,532,881 in 2023. The proposed amended budget totals $3,118,670. Lift Tax Year to date lift tax collections through November 30 total $5,553,154, up 4.8% or $257,552 from 2023. The proposed amended budget totals $7,014,135. The 2023/2024 season Epic Pass and Epic Pass Local both were priced with an 8% increase compared to the prior season. Daily Parking Sales Daily sales from the parking structures from November through December 28th total approximately $1,648,484, up 0.4% from time last year. This amount includes daily fees charged to the parking pass holders. 85 2 Parking Pass Sales Parking pass sale revenue through December 28th for the 2024/2025 winter season totals $1,179,275, up 5.3% or $59,644 from this time last year. In order to provide a better customer service experience while staff explored a new pass sales system, the annual fees for the Eagle County Local and Vail Local passes and were automatically renewed for the 2023/2024 winter season. A total of 3,972 passes have been sold this season compared to the 3,996 passes purchased and utilized to date during the prior winter season. Summary Across all funds and excluding one-time grants and reimbursement, year-to-date total revenue of $97.3 million is up 1.6% from the proposed amended budget and up 3.8% from prior year. The majority of the positive variance compared to the prior year is due to increased property tax collections, real estate transfer tax collections, construction use tax collections, and ski lift tax collections. 86 2024 Budget % change % change 2019 2020 2021 Budget Variance from 2023 from Budget January 4,079,994$ 4,076,145$ 3,422,209$ 5,217,125$ 5,911,572$ 5,787,370$ 5,798,584$ 11,214$ -1.91% 0.19% February 4,137,087 4,285,633 3,691,850 5,686,585 6,041,108 5,914,315 6,072,895 158,580 0.53% 2.68% March 4,237,933 2,243,518 4,364,797 5,912,059 6,055,992 6,035,677 6,405,920 370,243 5.78% 6.13% April 1,445,071 427,518 1,751,528 2,234,296 2,264,892 2,258,798 1,836,279 (422,519) -18.92% -18.71% May 763,756 503,828 1,061,516 1,227,974 1,118,011 1,111,919 1,170,007 58,088 4.65% 5.22% June 1,606,748 1,023,517 2,149,312 2,317,931 2,272,457 2,265,104 2,350,146 85,042 3.42% 3.75% July 2,480,292 2,084,644 3,491,668 3,507,973 3,412,277 3,399,024 3,636,007 236,983 6.56% 6.97% August 2,237,050 2,138,838 2,877,550 2,997,389 2,932,111 2,920,600 3,033,996 113,396 3.47% 3.88% September 1,600,100 1,767,393 2,359,528 2,441,331 2,508,064 2,495,143 2,392,305 (102,838) -4.62% -4.12% October 1,165,176 1,371,727 1,734,964 1,729,558 1,773,358 1,652,467 1,631,140 (21,327) -8.02% -1.29% November 1,260,314 1,425,461 1,880,397 1,902,643 1,901,141 1,779,167 1,741,192 (37,975) -8.41% -2.13% Total 25,013,520$ 21,348,222$ 28,785,318$ 35,174,864$ 36,190,983$ 35,619,584$ 36,068,471$ 448,887$ -0.34% 1.26% December 4,237,178 3,625,189 5,749,365 5,602,018 5,691,428 5,230,416 - Total 29,250,698$ 24,973,411$ 34,534,683$ 40,776,882$ 41,882,411$ 40,850,000$ 36,068,471$ 448,887$ -0.34%1.26% **Please note, October and November 2024 does not include quarterly filings as oppsed to October and November 2023 where quarterly revenue has been allocated to those periods. Sales tax for these 2024 periods show as less by comparison and will reflect quarterlies in December. 2022 2023 2024 Budget % change % change Collections Collections Budget Variance from 2023 from Budget January 645,487$ 720,906$ 700,920$ 704,341$ 3,421$ -2.30% 0.49% February 702,730 736,788 716,760 740,723 23,963 0.53% 3.34% March 719,717 738,244 731,610 782,297 50,687 5.97% 6.93% April 269,018 271,930 273,735 221,206 (52,529) -18.65% -19.19% May 146,657 132,333 134,640 138,966 4,326 5.01% 3.21% June 280,460 275,113 274,230 283,659 9,429 3.11% 3.44% July 424,602 412,849 411,840 438,245 26,405 6.15% 6.41% August 361,165 352,887 353,925 366,936 13,011 3.98% 3.68% September 294,861 304,068 302,445 289,963 (12,482) -4.64% -4.13% October 207,397 213,568 200,475 195,096 (5,379) -8.65% -2.68% November 230,383 229,092 215,820 209,804 (6,016) -8.42% -2.79% Total 4,282,477$ 4,387,778$ 4,316,400$ 4,371,236$ 54,836$ -0.38% 1.27% December 671,982 687,985 633,600 - Total 4,954,459$ 5,075,763$ 4,950,000$ 4,371,236$ 54,836$ -0.38% 1.27% Town of Vail Revenue Update January 7, 2025 4.0% GENERAL SALES TAX 2024 Budget Comparison 0.5% Collected Sales Tax 0.5% HOUSING SALES TAX 2024 Budget Comparison Actual 4.0% Collections 4.0% Collected Sales Tax2022 2023 87 Vail Business Review November 2024 January 7, 2025 The Vail Business Review breaks down the 4.5% sales tax collected for the month of November. The 4.5% sales tax includes the town’s general 4% sales tax and the 0.5% housing sales tax supported by Town of Vail voters during the November 2021 election, effective January 1, 2022. The housing sales tax sunsets on December 31, 2051. November 4.5% sales tax was down (8.5)% from the prior year. Retail decreased (17.7)%, lodging increased 4.0%, food and beverage increased 3.9%, and utilities/other decreased (21.2)%. Excluding the out-of-town category, sales tax for the month of November was down (6.4)% compared to prior year. Town of Vail sales tax forms, the Vail Business Review, and sales tax worksheets are available on the internet at vail.gov. You may email me to request to have the Vail Business Review and the sales tax worksheet emailed to you automatically. Please remember when reading the Vail Business Review that it is produced from sales tax collections as opposed to actual gross sales. If you have any questions or comments, please feel free to call me at (970) 479-2125 or Carlie Smith, Finance Director, at (970) 479-2119. Sincerely, Lauren Noll Revenue Manager 88 November 2023 Sales Tax Collections by Business Type November 2024 Town of Vail Business Review November Sales Tax Collections by Year November 2024 Sales Tax Retail 821,632 Lodging 593,623 Food & Beverage 380,533 Utilities & Other 155,160 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 RLFU$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000LFU$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000R 1,389,683 1,884,888 2,131,788 2,132,094 1,950,949 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 2020 2021 2022 2023 2024 General Sales Tax Housing Sales Tax • November 2024 retail sales decreased (17.7)%, lodging increased 4.0%, food and beverage increased 3.9%, and utilities and other decreased (21.2)%. • The figures above reflect 4.5% sales tax. Retail 998,243 Lodging 570,793 Food & Beverage 366,162 Utilities & Other 196,896 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 (17.7)% • This report represents collections of Town of Vail sales tax, as opposed to actual gross sales. • On January 1st, 2022, Town of Vail sales tax increased from 4.0% to 4.5% on all items except food for home consumption. 2022, 2023, and 2024 above include the 0.5% increase to sales tax, depicted in light blue. Prior years show 4.0% sales tax collections. • Total November 2023 collections were $2,132,094; November 2024 collections were $1,950,949, down (8.5)% from the prior year. 4.0%3.9%(21.2)% 89 November 2024 Sales Tax Town of Vail Business Review November 2023November 2024 Geographic Area Trends by Year November Sales Tax Sales Tax by Location Other Areas 13% Lionshead 10% Out of Town 43% Vail Village 34% • Vail Village sales tax decreased (10.2)%, Lionshead decreased (0.4)%, Other Areas decreased (0.8)%, and Out of Town decreased (11.2)%. Excluding Out of Town collections, all areas were down (6.4)%. • The figures above reflect 4.5% sales tax. 241,495 235,269 162,531 216,986 531,107 770,278 454,550 662,355 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 2020 2021 2022 2023 2024 Vail Village Out of Town Lionshead Other Areas 237,082 285,087 • This chart shows November sales tax collections by geographic area over time. • 2022, 2023, and 2024 include the 0.5% increase for housing sales tax, depicted in lighter shades. General 4.0% sales tax collections are shown in darker shades. 266,743 212,175 922,240 730,936 656,523 211,239 818,668 264,519 Other Areas 13% Lionshead 11% Out of Town 42% Vail Village 34% 688,301 921,317 90 Accommodation Services Sales Tax by Year Retail Business 4.5% Sales Tax Detail November 2024 Sales Tax Town of Vail Business Review Apparel $139,679 Grocery $111,585 Gallery $10,297 Gifts $2,880 Jewelry $13,276 Retail Liquor $31,578 Retail Other $280,831 Sporting Goods $130,427 Online Retailers $101,079 Retail Home Occupation $0 • November 2024 accommodations services increased 4.0% from the prior year. Short-term rentals increased 3.6% and hotels and lodges increased 4.3%. • The figures above reflect 4.5% sales tax. • Short-term rental sales tax collection numbers include online marketplace facilitators like Airbnb and VRBO. Revenue collections from facilitators may include some hotels and lodges. 325,478 256,161 318,049 252,744 331,722 261,902 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Hotel and Lodges Short-Term Rentals 2024 2023 2022 91 Cascade Village / East Vail / Sandstone / West Vail Retail 133,368 143,785 -7.24% Lodging 69,684 72,090 -3.34% F & B 59,496 43,971 35.31% Other 1,970 6,897 -71.43% Total 264,519 266,743 -0.83% Lionshead Retail 70,070 71,397 -1.86% Lodging 77,755 81,981 -5.15% F & B 62,594 55,781 12.21% Other 821 3,016 -72.79% Total 211,239 212,175 -0.44% Out of Town Retail 358,560 473,957 -24.35% Lodging 309,659 264,550 17.05% F & B 481 613 -21.66% Other 149,968 183,120 -18.10% Total 818,668 922,240 -11.23% Vail Village Retail 259,634 309,103 -16.00% Lodging 136,526 152,173 -10.28% F & B 257,962 265,797 -2.95% Other 2,401 3,863 -37.84% Total 656,523 730,936 -10.18% Total - All Areas Retail 821,632 998,243 -17.69% Lodging 593,623 570,793 4.00% F & B 380,533 366,162 3.92% Other 155,160 196,896 -21.20% Total 1,950,949 2,132,094 -8.50% Retail Summary Retail Apparel 139,679 150,904 -7.44% Retail Food 111,585 126,332 -11.67% Retail Gallery 10,297 9,941 3.58% Retail Gift 2,880 4,447 -35.25% Retail Home Occupation - 206 -100.00% Retail Jewelry 13,276 30,203 -56.04% Retail Liquor 31,578 33,437 -5.56% Retail Other 280,831 397,413 -29.34% Retail Sport 130,427 151,040 -13.65% Retail Online Retailer 101,079 94,321 7.17% Total 821,632 998,243 -17.69% **Please note, November 2024 does not include quarterly filings as oppsed to November 2023 where quarterly revenue has been allocated. The Retail Other category is most affected by quarterly filings. Town of Vail Business Review November 4.5% Sales Tax 2024 Collections 2023 Collections YoY % Change 92 AGENDA ITEM NO. 5.1 Item Cover Page DATE:January 7, 2025 SUBMITTED BY:Steph Johnson, Town Manager ITEM TYPE:Matters from Mayor, Council, Town Manager and Committee Reports AGENDA SECTION:Matters from Mayor, Council, Town Manager and Committee Reports (4:35pm) SUBJECT:Matters from Mayor, Council, and Committees (15 min.) SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 93 AGENDA ITEM NO. 5.2 Item Cover Page DATE:January 7, 2025 SUBMITTED BY:Steph Johnson, Town Manager ITEM TYPE:Matters from Mayor, Council, Town Manager and Committee Reports AGENDA SECTION:Matters from Mayor, Council, Town Manager and Committee Reports (4:35pm) SUBJECT:Town Manager Report (5 min.) SUGGESTED ACTION: Vail Trailblazer Award Committee Selection Action Requested of Council: Confirm two elected officials to serve on selection committee for naming the next Trailblazer Award Recipient/s. VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: TM Update 010725.docx Winterfest Managers Report.pdf 94 Town Managers Update January 7, 2024 1. Update Whistler Peer Resort Visit There will be a update regarding the upcoming Whistler Peer Resort Visit on January 8, 2025, to January 12, 2025. 2. AIPP Winterfest Update Please see the attached update regarding this year’s AIPP Winterfest Event. 3. Other There may be other topics the Town Manager needs to share with the Town Council. 95 The Town of Vail’s Art in Public Places announces its 18th Annual Vail Winterfest – Night Owls. For nearly two decades, the Annual Vail Winterfest has been a beloved and anticipated public art event for the community. The interactive ice sculpture installation invites viewers to wander through the stunning works of art during the day or at dusk when the sculptures are illuminated. Owls were chosen as this year’s theme for their majestic beauty and association with wisdom and good fortune, as well as their nocturnal navigation capabilities. Pay attention as you may even hear a few hoots during the evening hours! The transformation of the Gore Creek Promenade in Vail Village begins Jan. 2 when Alpine Ice carves over 25,000 pounds of ice into several larger-than-life owl sculptures. The exhibit officially opens Jan. 10 and is anticipated to be on display through mid-February. Art in Public Places is pleased to present several programs throughout the Vail Winterfest including art workshops and educational opportunities in collaboration with the Environmental Sustainability Department, Vail Public Library, and the Colorado Snowsports Museum. The Town of Vail’s Art in Public Places is extremely grateful for the additional support provided by several community members, including Vicki and Kent Logan, Judy and Alan Kosloff, and Doe Browning and Jack Hunn. Their generous contributions totaling $20,000 have funded this year’s enhanced additional programming and ice sculptures for the 18th Annual Vail Winterfest. 96 AGENDA ITEM NO. 5.3 Item Cover Page DATE:January 7, 2025 SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Matters from Mayor, Council, Town Manager and Committee Reports AGENDA SECTION:Matters from Mayor, Council, Town Manager and Committee Reports (4:35pm) SUBJECT:Council Matters and Status Report SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 250107 Matters 97 COUNCIL MATTERS Status Report Report for January 7,2025 Social Media Listening https://share.sproutsocial.com/view/a4dd3a37-ed05-44bb-9d3a-37ed0524bbbd Events and economic development's village activations were regularly featured in social posts from this period, from the Tiesto show to skating shows and Kringle Krossing. 98 Figure skater Jason Brown, who skated in the Ice Spectacular, had some of the most engagement with video of him skating on Solaris ice rink: https://www.instagram.com/p/DD9y9_5OPMw/? https://x.com/jasonbskates/status/1871572289583759417hl=en https://x.com/TheIliaSoc iety/status/1872303733725675828 In the News______________________________________________________ Dec. 13 Ski Town Progress on Housing https://www.parkrecord.com/2024/12/13/are-ski-towns-making-progress-on-housing/ Groundwater Treatment Requirements https://coloradosun.com/2024/12/13/big-new-buildings-treat-their-groundwater-now-colorado- health-department-may-strip-the-rule-away/ Dec. 17 Lunch with the Locals https://www.realvail.com/town-of-vail-hosts-a-very-fishy-lunch-with-the-locals-on-dec- 18/a20966/ Dec. 18 Vacant Home Tax https://www.vaildaily.com/news/colorado-vacant-home-tax-short-term-rentals/ Dec. 19 99 Standing Up for Our Immigrant Community - letter https://www.vaildaily.com/opinion/letter-standing-up-for-our-immigrant-community/ Dec. 20 SeeWalker Lawsuit https://www.cpr.org/2024/12/20/vail-denies-wrongdoing-in-seewalker-residency-lawsuit/ Dec. 21 Demand for Carpooling and Bus on I-70 https://www.vaildaily.com/news/i-70-colorado-transportation-traffic-tips/ Best Ski Towns for Christmas https://www.powder.com/ski-resorts/best-ski-resorts-christmas Dec. 23 Happy Holidays from Vail Mountain - editorial Modernize Main Street - editorial https://www.parkrecord.com/2024/12/23/journalism-matters-modernize-main-street-so-history- can-stand-out/ Dec. 25 Holiday Lodging https://www.vaildaily.com/news/vail-valley-holiday-lodging/ Dec. 26 Eagle County Year in Review https://www.vaildaily.com/news/2024-eagle-county-news-flights-development-oil-rail-missing- hiker-lindsey-vonn/ New Michelin Restaurants https://www.denverpost.com/2024/12/27/michelin-recommended-glo-tavernetta-wayan-open- vail-aspen/ Dec. 27 Eagle County Year in Review Photos https://www.vaildaily.com/news/2024-wrapped-the-year-in-photos-in-the-vail-valley/ Dec. 28 South Frontage Road Shutdown https://www.vaildaily.com/news/south-frontage-road-reopens-in-vail-after-overturned-truck- causes-5-hour-shutdown/ Dec. 29 New Year's Eve Preview https://www.vaildaily.com/news/new-years-eve-happenings-around-the-vail-valley/ https://www.realvail.com/vail-beaver-creek-set-to-welcome-new-year-with-new-snow/a21026/ Upcoming Dates 100 January 10 Deadline for Trailblazer nominations February 14 Ski With Electeds! March 25 Annual Community Meeting 101