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HomeMy WebLinkAbout2026-04-07 Town Council Afternoon Meeting Agenda and SUpporting Documentation1.Site Visit (11:00am) 1.1 Ford Park 2.Call to Order (1:45pm) 3.Interviews for Boards and Commissions (1:45pm) 3.1 Interviews for the Planning and Environmental Commission (1:45pm) 25 min. Interview candidates that are interested in serving on the PEC. Presenter(s): Stephanie Kauffman, Town Clerk Background: Four vacancies exist on the Planning and Environmental Commission. The term of the new appointments will begin on April 7, 2026 and expires on March 31, 2028 (two-year terms). Duties and functions of the PEC include review and determination of requests for variances and conditional use permits, and recommendations to Town Council on special development districts, subdivisions, re- zonings, various Town of Vail proposed plans and other community matters per the Town Charter and ordinances. 4.Presentation/Discussion (2:10pm) 4.1 Financial Checkpoint (2:10pm)30 min. Listen to presentation and provide feedback. Presenter(s): Carlie Smith, Finance Director Background: Update on year end results. 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_zNAM5Z59QAqvc6b2JBg6Bw 11:00 AM, April 7, 2026 Notes: Times of items are approximate, subject to change, and cannot be relied upon to determine what time Council will consider an item. Council will convene at 1:45pm after the Vail Local Marketing District meeting. Jensen PEC.pdf Middleton PEC.pdf Rediker PEC.pdf Wallace PEC.pdf 260507 Financial Update.pdf 260507 Year End 2025 and Econ Update.pdf 1 4.2 Special Development District Sketch Plan Review (2:40pm) 45 min. Listen to presentation and provide feedback. Presenter(s): Matt Gennett, Director of Community Development and Greg Roy, Planning Manager Background: The Town Council requested information on the Vail Town Code regarding options to amend the Special Development District process to add a sketch plan review step. 5.DRB/PEC (3:25pm) 5.1 DRB/PEC Update (5 min.) 6.Information Update (3:30pm) 6.1 Electric Vehicle Charging Station Revenue Update 6.2 February 19, 2026 VLMDAC Meeting Minutes 6.3 March 2025 Revenue Update 7.Matters from Mayor, Council, Town Manager and Committee Reports (3:30pm) 7.1 Matters from Mayor, Town Council and Committees (20 min.) 7.2 Town Manager Report (10 min.) 7.3 Council Matters and Status Update 8.Executive Session (4:00pm) (20 min.)Executive Session pursuant to: C.R.S. § 24-6-402(4)(b)(e) to hold a conference with the Town Attorney, to receive legal advice on specific legal questions; and to determine positions relative to matters that may be subject to negotiations, develop a strategy for negotiations and instruct negotiators on the topic of: Timber Ridge Village 9.Recess 4:20 (estimate) SDD Memo.docx DRB Results 3-18-26.pdf PEC Results 3-23-26.pdf DRB Results 04-01-26.pdf EV Charging Update 2026 - Council Memo 4.07.26.pdf Vail Local Marketing District Advisory Council Minutes February 19 2026.pdf 260407 Town of Vail Revenue Update.pdf TM Update 040726.docx Town of Vail Strategic Plan 2026 -040326 final draft.pdf 260407 Matters.docx Future Topics.docx 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. 2 Please call 970-479-2460 for additional information. Sign language interpretation is available upon request with 48 hour notification dial 711. 3 AGENDA ITEM NO. 1.1 Item Cover Page DATE:April 7, 2026 SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Main Agenda AGENDA SECTION:Site Visit (11:00am) SUBJECT:Ford Park SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 4 AGENDA ITEM NO. 3.1 Item Cover Page DATE:April 7, 2026 TIME:25 min. SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Main Agenda AGENDA SECTION:Interviews for Boards and Commissions (1:45pm) SUBJECT:Interviews for the Planning and Environmental Commission (1:45pm) SUGGESTED ACTION:Interview candidates that are interested in serving on the PEC. PRESENTER(S):Stephanie Kauffman, Town Clerk VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Jensen PEC.pdf Middleton PEC.pdf Rediker PEC.pdf Wallace PEC.pdf 5 Submit Date: Mar 09, 2026 First Name Middle Initial Last Name Email Address Primary Phone Alternate Phone Home Address Suite or Apt City State Postal Code Employer Job Title Vail, CO Boards & Commissions Application Form Profile Preferred Name Bill What is your work history from the last five (5) years? Involved as an active owner/partner in Sundance Mountain Resort (Utah), partner in three Lake Tahoe based restaurants, Board member of an Oregon based business. Active in community non-profit boards. Which Boards would you like to apply for? Planning and Environmental Commission: Submitted Why are you interested in serving on this board? I have served on the PEC board since April 2022. The position of PEC commissioner allows me to participate in a meaningful way in our community. Vail faces opportunities and challenges and by being a PEC commissioner I believe I can contribute to the future of Vail. • What unique and particular qualifications do you bring to the position? Please provide specific examples. My business and leadership history across the North American ski industry provides insights and experience to assist in addressing the evolving needs of the Vail community. What is your experience serving on other Boards? Have a 30 year history of serving on both non-profit, for profit business and community boards including serving as board chair of some boards. William A Jensen Retired William A Jensen 6 What skills and experiences do you have to advance the mission of the Board? Diverse Mountain Community experience and perspective. Listening and asking questions to understand the nature or action of what is being reviewed/considered and how it will benefit/impact the community and the Town of Vail. What do you see as the primary role of this Board? To assist the Planning and Town Staff with code modifications, best practices and initiatives. Review developer projects under consideration for approval. Find opportunities for affordable housing within the Town of Vail and ensure community infrastructure supports community and business needs. What do you believe is the largest obstacle facing this Board in the upcoming year? The Board has worked cohesively during my successive two year terms. Discussions are in depth and all voices are heard. A representative cross section of the community is important for the PEC, DRB and Town Council. I do believe it is important to have a level of continuity within PEC with both longer serving commissioners and new commissioners. Do you have any conflicts of interest that may arise due to your employment, personal and/or professional relationships, or financial interests in the Town of Vail? Yes No If you answered "Yes" to the question above, please explain your conflict: Member of the Colorado Snowsports Museum Board which the Town of Vail is the landlord. Would recuse myself for any application by the Colorado Snowsports Museum. Interests & Experiences Question applies to Planning and Environmental Commission,Design Review Board Vail is a small community, and everyone seems to know each other in one form or another. Please describe your abilities to act in a quasi-judicial role and provide at least one example where you had to make an unpopular decision on an issue based upon a set of criteria or other certain considerations. In my two terms on the PEC I have voted no on proposals brought before the PEC as the applicant had not met the criteria for approval. Ideally, the applicant based on PEC feedback, returns to a future PEC meeting with modifications that meets the PEC's feedback and the PEC is able to provide approval allowing the project to progress. Question applies to Planning and Environmental Commission,Design Review Board Are you a registered voter within the Town of Vail? Yes No William A Jensen 7 Upload Letter of Interest Upload a Resume Question applies to Planning and Environmental Commission The Planning & Environmental Commission meets on the second and fourth Monday of each month at 1:00PM. Please describe your ability to attend these board meetings and the support you have from your employer, if applicable, to do so. Able to attend scheduled meetings without restriction. Question applies to Planning and Environmental Commission,Design Review Board Do you have any conflicts of interest that may arise due to your employment, personal and/or professional relationships, or financial interests in the Town of Vail? Member of the Colorado Snowsports Museum Board. Town is the landlord for the Snowsports Museum. If a Snowsports Museum application comes before PEC I would recuse myself. PEC_Letter_of_Interest.docx Bill_Jensen_Bio.docx William A Jensen 8 February 27, 2024 Vail Town Council Members; Re: Consideration for PEC Appointment This letter is to express my interest in serving another two year term on the Vail PEC. I believe as a PEC commissioner for the past two years I have been an engaged commissioner and have contributed to the Town of Vail’s effort to develop affordable housing to meet the needs of our community. I believe I have performed with integrity as a PEC commissioner and carefully considered each application before the PEC. I also value the opportunity to contribute in the work sessions that are an important part of the PEC agenda. With your support and approval I look forward to serving another term as a PEC commissioner. Thank you for your consideration. Bill Jensen 9 Bio for William (Bill) Jensen Bill and his wife Cheryl have lived in and been a part of the Vail community since 1999 Bill began his ski industry career at Mammoth Mountain, California in 1974 in lift operations. Bill spent 11 years in resort operations with Mammoth, Sun Valley, Ski Bluewood, and Sunday River. Bill was Vice President North America for Pisten Bully Slope Vehicles from 1980 to 1989. Bill transitioned to President/CEO roles in 1991 with Northstar at Tahoe (and subsequently as President of the Resort Group that included Sierra at Tahoe and Bear Mountain). In 1997, Bill joined Vail Resorts as COO of Breckenridge and in 1999 became COO of Vail Mountain. In 2006 Bill was promoted to Co-President of Vail Resorts Mountain Division. In 2008, Bill joined Intrawest as CEO overseeing a dozen North American resorts including Winter Park, Copper Mountain, Steamboat, Mont Tremblant, Stratton and Whistler Blackcomb. Bill concluded his career as CEO of Telluride Ski & Golf Resort (2015-2020). Bill currently is an owner/partner in Sundance Mountain Resort, Utah. Industry Accomplishments: Managed the three highest skier volume resorts in North America (Breckenridge, Vail, and Whistler Blackcomb). Vail and Whistler Blackcomb were recognized as the #1 ski resort by SKI Magazine 12 times during his involvement. As CEO of Intrawest hosted the 2010 Winter Olympics at Whistler/Blackcomb. Led two public market IPO’s (Whistler Blackcomb, 2012 Toronto Stock Exchange and Intrawest, 2014 New York Stock Exchange). . Past Chairman of the National Ski Areas Association 10 Past Chairman of the Colorado Tourism Board Two-time Colorado Ski Country Chairman’s Award Inducted into the Colorado Ski and Snowboard Hall of Fame in 2008 Inducted into the US Ski and Snowboard Hall of Fame in 2018 Relevant PEC Experience: Direct involvement in four mountain and resort village infrastructure Master Plan documents during my career. Managed/Involvement in $300 plus million of capital investment projects over the past 30 years. 11 Submit Date: Apr 01, 2026 First Name Middle Initial Last Name Email Address Primary Phone Alternate Phone Home Address Suite or Apt City State Postal Code Employer Job Title Vail, CO Boards & Commissions Application Form Profile Preferred Name What is your work history from the last five (5) years? I worked at Gorsuch Ltd over the last five-years, but I have been retired since April 2025. Which Boards would you like to apply for? Planning and Environmental Commission: Submitted Why are you interested in serving on this board? To continue to serve as an active member in my community and to stay involved in current events. • What unique and particular qualifications do you bring to the position? Please provide specific examples. I have live in Vail for 43 years and have seen how well Vail, as a town and ski resort, has grown and adapted to the changes that we have experienced. I feel that growth is something to be embraced and to be a part of in order to keep setting the stage further as our community continues to grow. My Sustainability Studies degree will help me understand how to ensure a strong sense community that highlights an authentic Vail experience that is environmentally sound in its support of our workforce, affordable housing, parking issues, and other long-term growth goals. I also have a great work ethic, I do my homework, and I truly enjoy learning the Vail town codes and how to apply them to the PEC's mission, as well as the procedures that are required to be on the PEC. Kathryn Middleton Gorsuch, LTD Sales Associate Kathryn Middleton 12 What is your experience serving on other Boards? I served on the DRB for 2.5 years (term ended in March 2024). I also held a seat on the Eagle County Community Wildlife Roundtable (ECCWR) as an equine-recreation representative, and I was on the Education & Outreach committee for the ECCWR. I also serve on the three- person board for Riva Ridge South Condominiums. What skills and experiences do you have to advance the mission of the Board? My experiences on the DRB included negotiating and making adjustments to applications that came before DRB in the approval of affordable housing projects such as the new Timber Ridge Village and the West Middle Creek development as well as approving the new Art in Public Places building for Artists in Residents. Otherwise, mainly interest in the upcoming changes to West Vail, the Dobson area, and the new West Lionshead project. This is an exciting time in Vail. We are experiencing a lot of growth and I believe that I have the potential to contribute meaningfully in seeing that growth be user-friendly, environmentally sound and sustainably viable as an authentic Vail experience and in keeping with the long- term vision of our town. What do you see as the primary role of this Board? The PEC has a lot of considerations within their primary role, so I would say it must focus on the matter at hand, whether it is to adopt a master plan for the physical development of Vail, recommendations to change zoning ordinances and subdivision regulations, or environmental issues. Because of those considerations, the primary role of the PEC should focus on following directions from staff in the packets, and to do the best research in order to recommend to Council the appropriate actions for the best outcome for the community. What do you believe is the largest obstacle facing this Board in the upcoming year? I am not sure what the largest "obstacle" facing the PEC would be this year, but the continued work of creating more affordable housing, the Dobson Ice Arena remodel, the Gore Creek promenade upgrade, the redevelopment of the Evergreen Lodge, continuing work on restoring the Gore, and work on goals that are based on the Town's Five Year Strategic Plan. Do you have any conflicts of interest that may arise due to your employment, personal and/or professional relationships, or financial interests in the Town of Vail? Yes No If you answered "Yes" to the question above, please explain your conflict: Interests & Experiences Kathryn Middleton 13 Upload Letter of Interest Upload a Resume Question applies to Planning and Environmental Commission,Design Review Board Vail is a small community, and everyone seems to know each other in one form or another. Please describe your abilities to act in a quasi-judicial role and provide at least one example where you had to make an unpopular decision on an issue based upon a set of criteria or other certain considerations. Even though I understand how the predicament of living in a small town could impact my decision, I have confidence in myself to listen to applicants presentations, be partial and act accordingly in quasi-judicial way to enforce town code. Question applies to Planning and Environmental Commission,Design Review Board Are you a registered voter within the Town of Vail? Yes No Question applies to Planning and Environmental Commission The Planning & Environmental Commission meets on the second and fourth Monday of each month at 1:00PM. Please describe your ability to attend these board meetings and the support you have from your employer, if applicable, to do so. Mondays are the best day of the week for me to attend meetings, I have no other pre- scheduled obligations on those days. Question applies to Planning and Environmental Commission,Design Review Board Do you have any conflicts of interest that may arise due to your employment, personal and/or professional relationships, or financial interests in the Town of Vail? I do not have any conflicts of interest for this commission. Letter_of_Interest_for_the_PEC.docx Resume_2025.pdf Kathryn Middleton 14 Kathryn Middleton 1865 W Gore Creek Dr Vail, CO 81657 (970) 376-1076 katmidds@gmail.com 25 th March 20 25 Stephanie Kauffman Vail Town Clerk 75 S Frontage Rd Vail, CO 81657 Dear Steph, I am interested in filling a seat on the Planning and Environmental Commission (PEC). My 2.5 years of experience on the Design Review Board taught me how to engage in meaningful discussion regarding the application of town codes with the purpose to uphold the standards of maintaining Vail’s unique character and aesthetic. We faced some controversial applicants where there was some dissent on how best to proceed in our decision, but on all occasions we were able to have dynamic conversations and proceed accordingly to adhere to town code and vote. The PEC is a new opportunity for me to participate in Vail’s short and long- term goals process that ensures a sense of community and preserves the quality of life here. I am good at doing my homework to expand my knowledge on town codes, ordinances, land use, and environmental impact policy, regarding variances and conditional use permits, special development districts, subdivisions, rezoning and proposed plans that come before the Commissioners. The PEC has an important role to advise the Town Council and uphold the Town’s vision in all areas mentioned above and I believe I am up for the challenge and will be an asset to the Commission in the decision making process. This is a great time in my life to give back to my community after living in the valley for forty two years. My regard for the Town of Vail as a community- based entity is strong, it is why I feel that my contribution as a member of the PEC is the right next-step in giving back. Thank you, Kathryn Middleton 15 Kathryn Middleton katmidds@gmail.com 970.376.1076 Work Experience ● Pepi Sports, ladies ski wear supervisor, 1982-1998 ● Gore Range Mountain Works, sales associate team, 1998-2000 ● Vail Nordic Center, owner/operator, 2000-2005 ● Vail Nordic Shop, Vail Village, owner/operator 2005-2010 ● Gorsuch Ltd., sales associate team, 2014-present Community Volunteer Work ● UCI Mountain Bike World Championships 1994, Vail CO, videographer, course marshall ● Colorado Thunderbirds AAA 14U National Hockey Team, Denver CO, fundraising events, food/beverage & transport manager, 2009-2010 season ● Colorado Thunderbirds AAA 15U National Hockey Team, Denver CO, fundraising, tournament events, food/beverage & transportation manager, 2010-2011 season ● Birds of Prey World Cup, banner crew, 2014 ● Go Pro Mountain Games, awards team, summer 2015 Volunteer Work ● Eagle County Wildlife Roundtable, stakeholder seat: Equestrian/Recreation since February, 2020 ● Mountain Valley Horse Rescue, McCoy, Colorado, board member 2018-2022 ● Eagle County Wildlife Roundtable, participant: Education & Outreach Committee, authored three articles published in the Vail Daily: ○ “Calling all backcountry enthusiasts”, published February, 6, 2021 ○ “Learning to Live with Wolves”, published July 6, 2021 ○ “Angling in Today’s Climate”, published August 7, 2021 ○ “Spring is in the Air…and so are Bears & Trash” March, 2025 ● Town of Vail, Design Review Board, 2.5 year term through March 2024 Education ● Colorado Mountain College, BA Sustainability Studies, graduated with honors December, 2020 ● Harvard Business School Online , Sustainable Business Strategies, summer 2020 ● Colorado State University, Graduate Certificate for Conservation Actions for Lands, Animals, and People December 2022 16 Submit Date: Mar 31, 2026 First Name Middle Initial Last Name Email Address Primary Phone Alternate Phone Home Address Suite or Apt City State Postal Code Employer Job Title Vail, CO Boards & Commissions Application Form Profile Preferred Name John What is your work history from the last five (5) years? I have been self-employed as an attorney for the past five years. Which Boards would you like to apply for? Planning and Environmental Commission: Submitted Why are you interested in serving on this board? I have been fortunate enough to have served on a few Town of Vail boards. The Planning and Environmental Commission is a board I am particularly interested in serving on because I enjoy the development application process and assisting moving good projects forward for the betterment of the Town. I enjoy working on town plans and revisiting ordinances to see if we can make processes more efficient for businesses and individuals. I enjoy having the opportunity to participate in discussion and decisions regarding environmental initiatives that the Town and its Sustainability Department are undertaking to make sure that the Town is a leader in good environmental stewardship on a local level. More specifically, I am interested in continuing my service on the PEC in the next 2 year term because of a couple of important items that will likely come before the Commission during that time - the proposed West Lionshead development and the amendments to Titles 12 and 14 of the Town Code. I feel that my experience on the Commission and as an attorney will be helpful to both those items. John Rediker Self-Employed Attorney John Rediker 17 • What unique and particular qualifications do you bring to the position? Please provide specific examples. Not that my skills are not shared by other people, but I believe I have good analytical, communication and management skills. In terms of analysis, my legal training lends itself to studying applications and code, eliciting facts and discussion, and applying ordinances or other standards in decision-making processes. I believe I have effective communication and management skills that help the Commission engage with staff, applicants and the public - helping meetings run more efficiently. What is your experience serving on other Boards? Since around 2008, I have served a total 6 2-years terms on the PEC including my current term. I served two terms on the DRB. I served on the VLHA for two years. I am currently serving in my second term as a Board member for the Vail Recreation District as well. In addition, at the end of July I will conclude my service as a board member of the Friends of Dubois Badlands, a Wyoming non-profit engaged in environmental education, advocacy and conservation. What skills and experiences do you have to advance the mission of the Board? The Commission's primary mission should be to operate effectively and make sound decisions according to Vail's Code and planning documents. As a part of that mission, the Commission needs to build a good record surrounding its decision-making so the Town's citizens, Town Council or any other reviewing body understand the reasoning underpinning its decisions or recommendations. In order to make good decisions or recommendations, Commission members must be prepared, must be able to properly apply facts to the law and Commission members must be engaging with applicants, staff, the public and amongst themselves. I prepare myself for meetings, I work hard to elicit important facts and discussion during meetings so that good decisions can be made. The deliberative process in government is of utmost importance. Some of my work in courtrooms, and in managing lawyers and trial teams, has helped build these skills. I also have experience working for environmental groups and law firms advancing environmental protections and education. I believe all these experiences have helped make me a better Commissioner when looking at the Town's planning and environmental issues. What do you see as the primary role of this Board? The Commission's primary mission is to operate effectively and make sound decisions according to Town Code and planning documents. The Commission reviews applications, conducts orderly hearings on applications which seek to elicit all the facts underlying any issues involved, and applies the facts to code and criteria in order to arrive at the best decision regarding an application. Historically, the primary business of the Commission has been to review development applications. Sometimes that involves work sessions with feedback to applicants and sometimes it involves reviewing applications for compliance with Town standards, resulting in approvals or denials, or recommendations to Town Council in that regard. The Commission also makes recommendations to Town Council regarding new or amended plans and new or amended ordinances. The Commission is making more progress in working with the Sustainability Department addressing local environmental initiatives. John Rediker 18 What do you believe is the largest obstacle facing this Board in the upcoming year? I don't know that there is any singular large obstacle that faces the PEC right now. I would like to see continued improvement in the Commission's coordination with Town staff to address local environmental concerns and initiatives. I think all Commissioners can work harder to make sure they are reviewing applications thoroughly and are engaged with applicants, staff and the public. Also, as noted in a previous response, two major projects are on the horizon that are going to require a lot of diligent work from Commissioners - reviewing Town code amendments regarding zoning and development and the application process for the new West Lionhead development. Do you have any conflicts of interest that may arise due to your employment, personal and/or professional relationships, or financial interests in the Town of Vail? Yes No If you answered "Yes" to the question above, please explain your conflict: Interests & Experiences Question applies to Planning and Environmental Commission,Design Review Board Vail is a small community, and everyone seems to know each other in one form or another. Please describe your abilities to act in a quasi-judicial role and provide at least one example where you had to make an unpopular decision on an issue based upon a set of criteria or other certain considerations. I learned a long time ago as young attorney to step back and review matters presented to me as objectively as possible. Attorneys and certain decision makers (like members of this Commission) need to be able to gather all the facts, understand the law or code, and applying the facts to the law in order to make sound decisions. Having served on this Commission off and on for a dozen years, I have been called upon to apply criteria to unpopular applications and have done so without allowing my personal feelings to influence proper process. Two recent examples are the redevelopment of Concert Hall Plaza and the commercial space of the Red Lion Building. Moreover, I have advocated for positions that I strongly believe are correct according to code and criteria that are sometimes contrary to the majority of other Commissioners. I’m strongly focused on making sure that my decisions are correct and supported by the facts and code – making popular decisions is not a part of my deliberative process. Question applies to Planning and Environmental Commission,Design Review Board Are you a registered voter within the Town of Vail? Yes No John Rediker 19 Upload Letter of Interest Upload a Resume Question applies to Planning and Environmental Commission The Planning & Environmental Commission meets on the second and fourth Monday of each month at 1:00PM. Please describe your ability to attend these board meetings and the support you have from your employer, if applicable, to do so. I am generally available to attend meetings at 1pm on the 2nd and 4th Mondays each month. Every once in a while, a conflict has arisen but that has been very infrequent. Question applies to Planning and Environmental Commission,Design Review Board Do you have any conflicts of interest that may arise due to your employment, personal and/or professional relationships, or financial interests in the Town of Vail? No conflicts. JBR_to_VTC_3-31-26.pdf JBR_Resume__2_.pdf John Rediker 20 2477 Garmisch Drive Unit E Vail, CO 81657 March 31, 2026 Vail Town Council 75 South Frontage Road Vail, Colorado 81657 Council Members: I have submitted my on-line application, including responses to the questions posed to applicants by the Town, along with my resume to be considered for one of the openings for the Town of Vail Planning and Environmental Commission. I am interested in continuing as a Commission member and I look forward to my interview and any questions you may have for me about serving on the Commission. Thank you for your consideration. Best Regards, John Rediker 21 1 JOHN B. REDIKER 2477 Garmisch Drive, Unit E Vail, Colorado 81657 970-331-3936 EDUCATION Washington and Lee University School of Law. Lexington, Virginia. August 1996 – May 1999. J.D. The Environmental Law Digest, November 1996 - May 1999: Articles Editor; Articles Staff Writer. Author, Voluntary Environmental Audits and Disclosure Requirements, Environmental Law News, Virginia State Bar, Winter 1998. The University of North Carolina at Chapel Hill. Chapel Hill, North Carolina. August 1990 - June 1994. B.A. English/ History minor. Dean’s List, Spring 1992, 1994. Vice-president, Beta Theta Pi Fraternity. Member - Colorado State Bar, United States Federal Court for the District of Colorado, United States Second Circuit Court of Appeals, United States Ninth Circuit Court of Appeals, United States Tenth Circuit Court of Appeals. EXPERIENCE Attorney. Vail, Colorado. June 2010 - Present. Opened solo law practice in June 2010. Represent clients in federal court and state courts throughout Colorado and the United States in a variety of civil litigation matters. Cases primarily involve real estate, construction and commercial litigation. Representative clients include homeowners associations, individual homeowners, and businesses. Owner, Moe’s Original Bar-B-Que. Breckenridge, Colorado. September 2012-September 2019. Partner in Moe’s Original Bar-B-Que location opened in Breckenridge. Engaged in all aspects of restaurant daily operations, management and ownership. Board Member, Town of Vail Design Review Board. April 2018 - Present. Currently serve as member of the Town of Vail Design Review Board. Commissioner, Town of Vail Planning and Environmental Commission. September 2010-March 2018. Served as Commissioner of the Town of Vail Planning and Environmental Commission, including two years as Chairman. Thomas Genshaft P.C. Aspen, Colorado. May 2007 – May 2010. Partner; Associate - Worked both as a partner and an associate in civil litigation and transactional law firm. Independent management of cases involving general commercial litigation and real estate litigation. Experience in all phases of litigation from case initiation, discovery, trial and appellate work. Managed cases pending in state and federal courts in Colorado and other jurisdictions as well as cases in arbitration. Milberg Weiss Bershad & Schulman LLP. New York, New York. June 2004 – February 2007. Attorney – Associate position in plaintiffs’ class action securities law firm. Member of the trial team for In re Walt Disney Co. Derivative Litig.; performed cross-examinations of director defendants and assisted in the preparation of cross-examinations of other defendants and experts. The senior Milberg Weiss associate assigned to In re Initial Pub Offering Sec. Litig. – at the time the largest class action lawsuit ever filed in the United States. Experience in all phases of litigation for a variety of securities cases including brief 22 2 writing before federal district and appellate courts, preparing for and conducting depositions, as well as general discovery management. ARCADIS G&M, Inc. Denver, Colorado. August 2003 - February 2004. Associate General Counsel – Associate counsel position at an engineering, environmental and architectural corporation. Experience in all aspects of handling corporation’s legal affairs on a day -to-day basis. Work included negotiating contracts, managing litigation, collections, corporate governance and handling other corporate legal affairs. Temkin Wielga & Hardt LLP. Denver, Colorado. October 1999 - August 2003. Attorney - Associate position at an environmental and commercial litigation practice. Environmental litigation experience includes CERCLA, RCRA, and other hazardous waste statutes for a variety of cases involving mining sites, industrial properties, and w aste disposal facilities. Experience in regulatory compliance matters. Transactional experience includes counsel and advice regarding impacted real estate, negotiating purchase and sale agreements for impacted properties, and negotiating insurance covera ge for impacted properties. Commercial litigation experience includes all phases of litigation in state and federal court, including federal appellate practice. McKenzie Rhody, LLC. Denver Colorado. August 1999 - September 1999. Attorney - Contract position - Legal research and motion drafting for construction litigation practice. Legal Aid Society. Lexington, Virginia. August 1998 – May 1999. Intern - third year practice certified. Representation in state courts of indigent persons with legal problems common to poverty population: consumer/credit, domestic relations, landlord/tenant, and public benefits. The Southern Environmental Law Center. Charlottesville, Virginia. May 1998- August 1998. Law clerk - The SELC is a non-profit, legal organization providing legal representation for environmental and conservation organizations both in court and before regulatory agencies. Researched and d rafted memoranda and other documents concerning issues involving the Clean Air Act and NEPA. 23 Submit Date: Apr 02, 2026 First Name Middle Initial Last Name Email Address Primary Phone Alternate Phone Home Address Suite or Apt City State Postal Code Employer Job Title Vail, CO Boards & Commissions Application Form Profile Preferred Name What is your work history from the last five (5) years? Currently self-employed (consulting); formerly, formerly Vice President at T-Mobile Which Boards would you like to apply for? Planning and Environmental Commission: Submitted Why are you interested in serving on this board? I want to serve on the PEC to apply my skills and experiences to one of the most impactful decision-making bodies in Vail. The Commission’s work directly shapes how we grow while protecting what makes Vail unique, and I’d like to help guide that process responsibly. • What unique and particular qualifications do you bring to the position? Please provide specific examples. I bring a combination of legal expertise, analytical rigor, and collaborative governance experience that aligns directly with the PEC’s mission to ensure Vail’s development is consistent with local ordinances and environmental priorities. With a J.D. and extensive background in law, regulatory compliance, and leadership, I’m trained to interpret complex codes, evaluate facts objectively, and make decisions rooted in policy and precedent rather than opinion. I have extensive experience explaining how rules are interpreted, applied and drive decisions. I have a basic familiarity with Vail's code (although I have more to learn), I understand how our local boards interact and function, and am relatively current on the ongoing discussions that have been under review by the PEC. Lauren E Wallace WCG Advisors President / Founder Lauren E Wallace 24 What is your experience serving on other Boards? Current Board Member of Gore Range Gravity Alliance Board of Industry Leaders (Consumer Technology Association aka CES) from 2020 - 2022; 2025 Board Committee Member for Round Up River Ranch's Bullseye Round Up/Grateful Harvest Content and Entertainment Counsel (CTA/CES) from 2019 - 2014) Served as Co-Chair of the Federal Communications Bar Association What skills and experiences do you have to advance the mission of the Board? My experience serving on and advising, executives, boards and committees has strengthened my ability to balance diverse viewpoints, navigate procedural frameworks, and build consensus around well-reasoned decisions. I will bring the same thoughtful preparation, transparency, and disciplined judgment — all essential qualities for a quasi- judicial body like the PEC. My experience living in Vail since 2009, and understanding the history and landscape of our town (parks, schools, transportation, businesses, etc.) are also valuable for this role. My experience, combined with my skills in regulatory compliance and leadership, would help advance the mission of our PEC. What do you see as the primary role of this Board? In short: the PEC acts as the town’s bridge between development proposals, environmental stewardship, and regulatory policy—ensuring that land use, zoning and environmental impacts are aligned with the community’s master plan and vision (including our natural environment and needs of our residents). What do you believe is the largest obstacle facing this Board in the upcoming year? The largest obstacle facing the PEC in the coming year is managing increasing development pressure alongside growing environmental constraints, including reduced precipitation and the impacts of climate variability on Vail’s mountain ecosystem. The Commission must evaluate projects strictly within existing ordinances and policies, ensuring decisions are consistent, objective, and legally defensible despite heightened public interest and competing priorities. At the same time, it should help identify where current regulations may not fully address emerging environmental realities—particularly around water use and sustainability—and advise Town Council accordingly. Ultimately, the challenge is enabling thoughtful reinvestment while protecting environmental integrity, community character, and long-term livability. Do you have any conflicts of interest that may arise due to your employment, personal and/or professional relationships, or financial interests in the Town of Vail? Yes No If you answered "Yes" to the question above, please explain your conflict: Interests & Experiences Lauren E Wallace 25 Upload Letter of Interest Question applies to Planning and Environmental Commission,Design Review Board Vail is a small community, and everyone seems to know each other in one form or another. Please describe your abilities to act in a quasi-judicial role and provide at least one example where you had to make an unpopular decision on an issue based upon a set of criteria or other certain considerations. Vail is a close-knit community, and that’s part of what makes it so special — but it also requires decision-makers to separate personal relationships and emotions from the criteria and code that guide our process. I’m comfortable working in that quasi-judicial role. My legal and executive background has trained me to evaluate facts objectively, apply established standards, and explain decisions transparently and respectfully — even when outcomes aren’t popular. A relevant example from my time in corporate leadership, when I was responsible for allocating limited resources across competing priorities. Several proposals came from colleagues and partners I worked with closely, but the criteria emphasized ROI, strategic alignment, and compliance with corporate policies. I had to recommend eliminating a well-liked initiative - one that I spent years building. The decision was unpopular with key stakeholders on the future vision but by documenting how each choice met or didn’t meet the larger vision and objectives of our company, I earned respect for being fair, consistent, and principled — not personal. I would bring that same balanced, transparent approach to the PEC: listening carefully, applying Vail’s development and environmental codes faithfully, and ensuring decisions are based on merit and alignment with the town’s long-term plans — not personal preferences or relationships. Question applies to Planning and Environmental Commission,Design Review Board Are you a registered voter within the Town of Vail? Yes No Question applies to Planning and Environmental Commission The Planning & Environmental Commission meets on the second and fourth Monday of each month at 1:00PM. Please describe your ability to attend these board meetings and the support you have from your employer, if applicable, to do so. I have the ability to attend these meetings. I do not have an employer conflict. Question applies to Planning and Environmental Commission,Design Review Board Do you have any conflicts of interest that may arise due to your employment, personal and/or professional relationships, or financial interests in the Town of Vail? No, but I am a home owner. Letter_of_Interest_PEC_4.2026.pdf Lauren E Wallace 26 Upload a Resume Lauren_E._Wallace___CV__5.2025.pdf Lauren E Wallace 27 Lauren E. Wallace 2783 Kinnikinnick Road Unit 3 Vail, CO 81657 lauren@wcgadvisors.com (410) 982-9880 April 1, 2026 Vail Town Council 75 S. Frontage Road Vail, CO 81657 Dear Vail Town Council Members, I am writing to express my strong interest in serving on the Town of Vail’s Planning and Environmental Commission (PEC). As a longtime Vail resident with a deep appreciation for our community’s natural environment and character, I believe I can contribute a balanced, thoughtful perspective to the Commission’s work of guiding responsible development and protecting the values that make Vail unique. My career bridges local workforce experience and executive leadership — from working on the mountain and with the Vail Valley Foundation, to serving in senior executive roles in law, business strategy, and corporate governance. This combination has equipped me with skills in evaluating complex proposals, interpreting regulatory frameworks, managing resources, and balancing competing priorities — all essential to the quasi-judicial responsibilities of the PEC. Vail is entering a period of reinvestment and redevelopment, while simultaneously facing real questions about water/snowpack, habitat resilience, and long-term sustainability. This creates a more complex decision-making environment, where projects are not only evaluated for design and compliance, but also for how they respond to evolving environmental realities . I bring experience making fair, criteria-based decisions in settings where outcomes are sometimes unpopular but necessary for the greater good — and I value transparency, collaboration, and consistency in that process. Vail’s success depends on thoughtful planning and a shared vision for the future. I would be honored to contribute to that work and to serve the Town in a way that reflects the same stewardship and accountability we ask of our applicants and partners. Thank you for your consideration. Sincerely, Lauren Wallace 28 Lauren E. Wallace 3415 Meade Street, Denver, Colorado 80211 lauren.e.wallace@gmail.com | 410.982.9880 | www.linkedin.com/in/laurenwallace Career Highlights & Key Accomplishments • Successfully drove and led negotiations for rights transfer agreements designed to secure Sony PlayStation Vue’s OTT distribution rights for content from NBCU, The Walt Disney Company, 21st Century Fox, Warner Media, NFL Media Networks and more (T-Mobile Confidential). • Played instrumental roles negotiating and selling Layer3 TV to T-Mobile for $350 million and working cross-functionally to facilitate a highly matrixed enterprise integration. • Guided content distribution rights and partnership strategies negotiating and securing Layer3 TV’s robust portfolio of multi-channel video programming including (cable and OTT) linear, VOD, TVE, SVOD, AVOD and TVOD rights from leading content creators such as The Walt Disney Company, HBO, Showtime, AMC, Viacom, ABC, NBCU, Discovery, A+E, Sony, MGM, Starz and more. • Key contributor for traditional and new media distribution rights, digital platform development and media sales strategies at DISH Network and Sling TV culminating in launch of the first multi-channel OTT subscription service, Sling TV, in 2015 and over $520 million revenues during the first 12 months. • Structured and negotiated strategic partnerships designed to advance linear and addressable advertising initiatives and drive revenues, including creation of D2 Media Sales, a DIRECTV-DISH joint venture in 2014, creating a scalable addressable TV platform for political advertisers. • 2018 Cablefax Top Lawyers honoree for helping the media industry navigate a shifting landscape and setting the course amid regulatory upheaval. • Tagged by Multichannel News as a 2019 Woman to Watch. • Member of Consumer Technology Association’s 2019-2012 Board of Industry Leaders. Media, Technology & Telecommunications Experience T-Mobile | 2020 – 2024 | Denver, Colorado Vice President, Marketing (Content Partnerships; formerly, Content Partnerships and Operations) • Led and managed content partnerships team working cross-functionally in matrix organization to build healthy partnerships, secure content, and grow engagement and monetization. • Responsible for developing and driving execution of cross platform content partnerships (Apple, Netflix, Google, Disney, etc.) and core services costs reductions over $200M. • Lead and develop team responsible for overseeing and negotiating all content distribution strategies and partnerships for the company’s multi-channel video programming distribution including facilities- based IPTV systems and OTT services that offer linear, VOD, SVOD, TVOD, AVOD, PPV and TVE. • Understand, manage, and communicate complex content distribution rights information including pricing, packaging, positioning, MFNs, business models, technology/product deployment strategies, marketplace constraints, as well as strategic partnership and marketing opportunities to influence C- level executives on business issues. • Develop and execute content acquisition and programming strategies including building new structures and solving complex financial issues related to multi-product offerings. • Represent emerging lines of business interests and priorities through enterprise collaboration with marketing, product, engineering, finance, corporate strategy and other stakeholders. 29 Page 2 of 2 (Lauren Wallace – 2019 CV) T-Mobile | 2018 – 2020 | Denver, Colorado Senior Director, Home + Entertainment Business & Legal Affairs • Serve on highly matrixed senior leadership team for T-Mobile’s Home + Entertainment organization. • Lead and develop the teams responsible for overseeing and negotiating all content distribution strategies and partnerships for the company’s multi-channel video programming distribution including facilities-based IPTV systems and OTT services that offer linear, VOD, SVOD, TVOD, AVOD, PPV and TVE. • Represent Home + Entertainment division interests and priorities through enterprise collaboration with marketing, finance, corporate strategy and other stakeholders. • Understand, manage, and communicate complex distribution rights information including pricing, packaging, positioning, MFNs, business models, technology/product deployment strategies, marketplace constraints, as well as strategic partnership and marketing opportunities. • Develop and execute content acquisition and programming strategies including building new deal structures and existing agreement renewal / renegotiation. Layer3 TV – The New Cable | 2015 –2018 | Denver, Colorado Corporate Vice President / Deputy General Counsel (Senior Director Content Partnerships until 2016) • Responsible for pursuing and securing content partnerships from broad spectrum of traditional and non- traditional content partners including over 300 cable networks, broadcasters, premiums and TVOD, AVOD, TVE and SVOD, and third-party OTT services such as Curiosity Stream, XUMO, Netflix, Amazon, and YouTube. • Developed and managed teams responsible for content acquisition, operational compliance, reporting and measurement and planning and tracking against goals, budgets, and deadlines. • Managed all rights restrictions, requirements and conditions related to market launches, post-deal rollouts, product development and ongoing operational, regulatory and compliance efforts. • Oversaw diligence and merger negotiations with T-Mobile including all content distribution matters. • Provided strategic and analytical guidance on all new content opportunities to support internal strategies, maintain enterprise alignment, and meet expectations regarding consumer welfare. • Designed deal structures and strategy for entire Layer3 TV content portfolio. • Identified and executed innovative tactics to successfully negotiate and leverage distribution rights to increase profitability, and decrease costs, of core video subscriptions and transactional purchases. • Fostered and maintained in-depth knowledge of competitive landscape and transformation resulting from changes in consumer viewing behaviors. DISH Network & Sling TV | Denver, Colorado | 2012 –2015 Corporate Counsel (Associate Corporate Counsel until 2014) • Responsible for advancing the strategic direction of satellite and OTT multi-channel video programming distribution, including the negotiation of programming agreements for traditional and new media rights and multi-platform initiatives leading to the launch of Sling TV in 2015. • Mastered an understanding of digital content distribution including platform design of distribution technologies, DRM/security, authentication, stream management, measurement, data and DAI. • Built and maintained strong relationships with technology companies and vendors to ensure the digital platform distribution realized maximum value. • Structured and negotiated strategic partnerships designed to advance linear and addressable advertising initiatives and drive revenues, including creation of D2 Media Sales, a DIRECTV-DISH joint venture in 2014, creating a scalable addressable TV platform for political advertisers. • Responsible for negotiation and drafting of content distribution agreements with over 300 DISH International partner accounts for direct broadcast satellite and DISH World IPTV distribution. • Developed, implemented, and refined strategies and processes designed to increase advertising sales revenue through existing partnerships and new business development. • Mastered an understanding of television advertising rights and operations including facilities-based and digital advertising systems, measurement technologies, data management, and exchanges. 30 Page 2 of 2 (Lauren Wallace – 2019 CV) Other Experience Vail Valley Foundation | Vail, Colorado | 2011 –2012 Coordinator, Sponsorships and Operations Vail Resorts | Vail, Colorado | 2010 –2014 Professional Ski Instructor Venable LLP | Baltimore, Maryland/Washington, D.C. | 2008 –2010 Associate (previously Summer Associate 2007) Education Honors and Involvement Personal J.D., cum laude (2007) University of Baltimore B.S., Accounting (2005) University of Maryland • CTA: Board of Industry Leaders, Content & Entertainment Board • 2018 Cablefax Top Lawyer • Women’s Leadership Network • Content enthusiast • San serif fonts • Alternative cooking • Skiing, tennis, biking 31 AGENDA ITEM NO. 4.1 Item Cover Page DATE:April 7, 2026 TIME:30 min. SUBMITTED BY:Carlie Smith, Finance ITEM TYPE:Presentation/Discussion AGENDA SECTION:Presentation/Discussion (2:10pm) SUBJECT:Financial Checkpoint (2:10pm) SUGGESTED ACTION:Listen to presentation and provide feedback. PRESENTER(S):Carlie Smith, Finance Director VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 260507 Financial Update.pdf 260507 Year End 2025 and Econ Update.pdf 32 To: Vail Town Council From: Russell Forrest, Town Manager Carlie Smith, Finance Mia Vlaar, Economic Development Director Date: April 7, 2026 Subject: Economic/Budget Update and Checkpoint _______________________________________________________________________________ 1. PURPOSE AND INTRODUCTION The purpose of this discussion is to provide Council with an economic update and receive feedback and direction on several topics included in this memorandum. Questions staff would request feedback on include: 1) Staff has updated revenue forecasts and made additional revenue adjustments to sales tax, lift tax, and parking sales. After hearing the presentation is Council in support of the total reductions? The total revenue reduction included in the 1 st supplemental is $5,497,221 2) In response the revenue reductions, staff has reduced operating and capital expenditure budgets for 2026 by a total of $7,939,321. Is Council in support of these reductions? 3) A number of new positions were approved in the 2026 budget. Staff would like to review recommendations on new FTE’s 4) Staff will continue to review other cost savings measures and areas where resources may be needed to address council strategic goals in 2026. 2. Background National/State of Colorado Trends: The National economic picture continues to be murky with a war in Iran, rising fuel prizes, and slowing job growth. Some economists see both inflationary and recessionary pressures. Brian Lewadowski at the March cast meeting providing a presentation on economic trends affecting the nation, the State of Colorado, and ski towns. Job growth in the Colorado leisure and hospitality industry has declined. While job growth in the construction and health service industry continues to increase. It was interesting to note that the recent decline in population in ski counties is expected to reverse in the next three to four years. Consumer confidence in the economy is very low with about “46% of consumers spontaneously mentioned high prices eroding their personal finances.” However, ski town taxable sales continue to increase 33 Town of Vail Page 2 (inflations is contributing to that). Colorado just had one of its lowest snowpack on record which could dampen interests in purchasing ski passes in advance of the 2026/2027 ski season. Wildfire danger will be high unless monsoon rains (which some meteorologists say is probable) occur in the summer. Continued draught could result in very significant water conservation requirements and impact recreation in our rivers and streams. Major Revenue Performance Revenue Reductions: $5.5M Sales Tax: Through February, the Town has collected $11.3 million in sales tax revenue, representing an 8.28% decrease compared to the prior year, with the lodging industry most impacted due to low snowfall. During the most recent economic update to Council, staff reduced projected sales tax revenues for January through April by 10%, along with an additional 2% reduction for the summer months to account for anticipated business closures. Since then, staff has further refined the forecast. Revenues have been updated to reflect actual collections for January and February. March is now projected to be down 15%, and April is projected to be down 46%, reflecting sales tax levels more consistent with what the Town typically experiences in May. Th e remainder of the year is projected to be down 2% compared to 2025, with November and December also projected to be down 2% relative to 2024, which was considered a normal snowfall year. Overall, sales tax revenue has been reduced by $2.6 million, or 6%, from the original budget. This represents an approximate 8% decrease compared to 2025 actuals and a 6% decrease compared to 2024 actuals. Lift Tax: Year to date lift tax collections through February total $3.0 million, representing a 9% decrease compared to 2025 and a 6% decrease compared to 2024. Updated revenue forecasts incorporate actual collections to date, with March projected to be down 15% and April projected to be down 100%. Overall, lift tax revenues have been reduced by $909,624, or 11%, from the 2026 original budget. This reflects an approximate 10% decrease compared to both 2025 and 2024. Parking Sales: Parking sales through the end of March total $4,572,150, representing a 9% decrease compared to the prior year. 34 Town of Vail Page 3 Parking revenue forecasts have been updated to reflect year -to-date actuals, with April projected to be down 97%, aligning more closely with typical May sales levels. Summer revenues have also been reduced by 1.0% to account for the additional free hour fo r pass holders and a decrease in the overnight rate while parking pass revenues are conservatively projected down 5.0% compared to 2025. Overall, parking revenues have been reduced by $1,542,639, or 15%, compared to the 2026 original budget. Expenditure Reductions: $7.9M In response to the revenue reductions departments were asked to look at reductions in both operating and capital. Operating budgets across all funds were reduced by $1,244,821 while capital reductions totaled $6,709,500. Although just now being recognized in the supplemental, these budget reductions were put in place in January. Vail Specific Economic Information: Current summer pacing in Vail looks strong with reservations on par with last year at this time. Low snow winters do not usually negatively impact summer demand without extenuating circumstances, and this is reflected in current pacing. Summary: Staff will continue to monitor both the local and national economic environment, and revenue forecasts will be updated as new information becomes available. If necessary, staff will pursue additional expenditure reductions. 3. Opportunities for additional revenue and cost management Camera Speed Enforcement: Through February, net collections from speed enforcement cameras total $73,922, with revenues continuing to improve each month. Staff is conservatively projecting approximately $316,000 in net revenue by year-end. This has been included in tonight's supplemental. The primary goal of speed enforcement is to change driver behavior and reduce speeding not to generate revenue. However, this additional revenue will help offset a portion of the revenue reductions noted above. The Town has identified $1.9 million in traffic impact fees that have been collected over time and reserved within the Town’s fund balance for eligible projects. These funds can be applied to the new Timber Ridge bus stop, improving the available fund balance position of the Capital Projects Fund. This has been included in the first supplemental. Lastly, the Town was awarded a $938,499 Clean Transit grant from the state to expand bus service. This grant requires a $271,328 match from the Town’s General Fund. At the February 17 Council meeting, Council expressed support for accepting the grant and expanding service. However, due to the revenue reductions, the General Fund is not able to absorb the additional match. As a result, Council directed staff to offset the $271,328 match by adjusting the sales tax split between the General Fund and Capital Pr ojects Fund from 62/38 to 63/37. 35 Town of Vail Page 4 The Town Manager is also looking at each vacant position and determining if the hiring can be deferred or not filled without affecting operations. 4. Positions In the 2026 budget a number of new positions were approved. At the time of the budget approval staff and the Council were already taking cautionary measures to manage the 2026 budget. Since the beginning of the year, the town has actively hired for all dispatch positions including 4 new FTE’s that are paid through the dispatch fund and we have filled a Finance position that was needed to fill because of both an acute need the opportunity to find a qualified person to support the Finance Department. The following are positions that have not yet been filled and staff recommendations on filling them. Department Name of Position # of FTEs Recommendation PD Sworn officers 4 PD has withdrawn their request for any new sworn offices Fire Department 2 Recommend Filling *Bus Expansion 9 This enhancement is being paid (80% of the cost) for by a grant with CDOT. Council has provided direction to implement the new bus schedule. Execution will be contingent upon executing a contract with CDOT. Mechanic 1 Same as bus enhacment. Building Maintenance 1 Can be deferred till 2027 Half Time TM Admin Office .5 Recommend filling AIPP half time position .5 This position is paid for by a grant Action requested of Council: Does Council support the above mentioned recomendations in the table. 36 2025 YEAR END RESULTS FINANCE | May 7, 2026 37 2 YEAR END RESULTS | Overview Town of Vail | Finance 2025 REVENUES BY SOURCE Across all funds revenues total $211.9M; $115.6M excluding COP and one-time reimbursement and grants; Up $1.0M from 2024; Up $1.8M from budget Sales Tax, $48,873,225 Property and Ownership Tax, $8,088,653Use Tax, $2,424,403 Ski Lift Tax , $6,702,598 Franchise Fees, $1,963,678 Real Estate Transfer Tax, $9,767,746 Licenses and Permits, $3,944,017 Intergovernmental Revenue, $19,296,305 Transportation Centers, $10,064,384 Charges for Services, $2,738,856 Rent, Fines & Miscellaneous, $10,763,204 Reimbursed from VRA , $15,484,572 Earnings on Investments, $6,285,048 Debt Proceeds- Southface COP, $65,542,708 2025 Revenue: $211.9M 38 % Variance From 2024 2024 Actual% Budget Variance 2025 Amended Budget 2025 Actual Revenue Source 1.0%$114.5M1.5%$113.8M$115.6MTotal Revenues 1.9%48.0M2.8%47.5M48.9MSales Tax 0.0%8.1M0.0%8.1M8.1MProperty and Ownership Tax -2.3%3.1M-4.0%2.5M2.4MUse Tax 1.5%6.8M-2.9%6.9M6.7MSki Lift Tax 21.0%8.1M10.1%8.9M9.8MReal Estate Transfer Tax 4.7%10.0M-15.5%17.4M 14.7MIntergovernmental Revenue 7.4%9.4M-1.9%10.3M 10.1MTransportation Centers 545.8%2.4M0.0%15.5M 15.5MReimbursed from VRA 450.0%0.0M0.0%4.5M4.5MReimbursement from VHP -21.2%8.0M26.0%5.0M6.3MInvestment Earnings 3 YEAR END RESULTS | Overview 2025 MAJOR REVENUES 39 4 YEAR END RESULTS | Overview Town of Vail | Finance EXPENDITURES Across all funds expenditures totaled $201.8M compared to $283.5M budget. Savings: $14.4M • Personnel Vacancies: $2.4M • Capital Projects: $6.8M • General Operating: $4.7M • Event Spending: $478.2K Re-appropriations: $67.3M • Dobson: $33.4M • Underground Utility Conversion $4.2M • Habitat Contribution: $2.0M • TR Community Units $5.0M • InDeed: $975K • Community Buydown Units: $1.2M • Gore Creek Promenade: $1.1M • Parking Structure Structural Repairs: 1.1M Municipal Services 47.7% Capital Improvements 50.6% Debt Service 1.7% Where the Money Goes 40 5 YEAR END RESULTS | General Fund Revenue – YOY Increase totals $300K due to low snowfall in Nov/Dec Expenditures – Savings in staffing: $1.9M ($2.4M Townwide); all other operations $3.1M Transfers – Interfund transfers decreased from PY due to TR transfer Compared to Budget the town did not need to transfer $8.0M to CPF for Dobson due to construction timing Fund Balance –Budgeted to utilize $7.6M of reserves; Actual results: Added $7.2M 2025: $60.8M; 2026 Projected: $66.4 (104% of fund balance); Only $37.8M of that available to spend Better (Worse) 2024 Actual Better (Worse) 2025 Actual Final Budget $300K$67.1M$400K$67.4M$67.0MRevenue (4.9)M(52.9)M5.0M(57.8)M(62.8)MExpenditures (700)K(378)K604K(385)K(989)KPlanning Projects (19.5)M(21.5)M8.8M(2.0)M(10.8)MInterfund Transfers 14.9M(7.7)M14.8M$7.2M$(7.6)MNet Change 41 6 YEAR END RESULTS | Capital Projects Fund Town of Vail | Finance Revenue-Timing difference of grants and project reimbursements Bond Proceeds- Timing difference of interest earnings (to be utilized for debt payments) Expenditures – Variance for 2025 budgeted projects not yet completed and carried over to 2026 $51.3M; $3.9M in project savings during 2025; Additional $1.6M in deferred projects in 2026 Transfers– Transfer not necessary in 2025 from GF for Dobson due to project timing; Reduced transfer to support West Middle Creek because there was available fund balance in HF. Fund Balance - $62.4M at the end of 2025 but utilizing $42.4M of that in 2026; $6.7M Available Better (Worse) 2024 Actual Better (Worse) 2025 ActualFinal Budget $4.2M$29.9M$(3.1)M$25.7M$28.8MRevenue 65.1-(2.5)M$65.1M$67.6MBond Proceeds (9.2)M(25.2)M55.2M(34.4)M(89.6)MExpenditures (1.8)M(1.2)M-(3.0)M(3.0)MDebt Service (16.6)M(2.4)M(6.9)M14.2M21.1MNet Transfers (55.2)M2.0M(55.2)M(57.2)MTransfer to VHP $11.3M$1.1M$19.9M$12.4K$(32.3)MNet Change 42 7 YEAR END RESULTS | Real Estate Transfer Tax Fund Town of Vail | Finance Revenue – Increase from 2024 due to Eagle County Open Space Contribution Expenditures – Variance from 2024 due to Booth Heights open space acquisition;$5.8M of 2025 project variance will be reappropriated to 2026 Fund Balance - $16.0M at the end of 2025 but utilizing $7.2M of that in 2026: 2026 Projected Fund Balance is $8.8M Better (Worse) 2024 Actual Better (Worse) 2025 ActualFinal Budget $4.4K$11.0M$700K$16.1M$15.4MRevenue 18.1M(27.7)M8.3M (9.6)M(17.9)MExpenditures (5.7)K--(5.7)K(5.7)KTransfers 17.5M$(16.7)M$9.0M$845.7M$(8.1)MNet Change 43 8 YEAR END RESULTS | Overview Town of Vail | Finance Use of Fund Balance During 2024 the Town utilized $43.9M of available reserves; In 2025 available reserves were replenished by $5.8M $139.3M $95.4M $101.2M $52.5M $57.4M $67.2M $65.9M $0.0M $20.0M $40.0M $60.0M $80.0M $100.0M $120.0M $140.0M $160.0M 2023 Actual 2024 Actual 2025 Preliminary 2026 2027 2028 2029 Reserve Projections (above Minimum & Restricted) Housing Fund RETT Fund Capital Projects Fund General Fund 44 2026 SUPPLEMENTAL BUDGET | Budget Requests Town of Vail | Finance 45 10 2026 Revenue Adjustments| Overview Town of Vail | Finance Variance fr 2024/2025 ActualsMonthly Projection Comparison Revenue Source Down 8% from PY; Down 6% from 2024 Jan/Feb (YTD): Down 8.28% March: Down 15% April: Down 46% May- Dec: Down 2% from 2025 Actuals; Down 1% from 2024 Actuals Sales Tax Down 10% from 2025; Down 10% from 2024 Jan/Feb (YTD): Down 9% March: Down 15% April: Down 100% May-Dec: Up 15% from 2025; Up 6% from 2024 Lift Tax Down 15% from 2026 original budget Jan- March: Down 9% April: Down 97% May- Dec: Down 1.0% Parking Total Revenue Reductions: $5.5M 46 11 2026 Revenue Adjustments| Overview Town of Vail | Finance •$316K of DACRA net revenue: Utilized for additional revenue decreases but with intention of utilizing for increased chain law enforcement in 2026 •Expended bus program included- Net Cost of $271,328: •Changed GF/CPF split from 62/38 to 63/37 47 12 2026 BUDGET SUPPLEMENTAL | Overview Town of Vail | Finance •Operating Reductions: $1.2M •Capital Reductions/Project deferrals: $6.7M Total Expense Reductions: $7.9M 48 AGENDA ITEM NO. 4.2 Item Cover Page DATE:April 7, 2026 TIME:45 min. SUBMITTED BY:Greg Roy, Community Development ITEM TYPE:Presentation/Discussion AGENDA SECTION:Presentation/Discussion (2:10pm) SUBJECT:Special Development District Sketch Plan Review (2:40pm) SUGGESTED ACTION:Listen to presentation and provide feedback. PRESENTER(S):Matt Gennett, Director of Community Development and Greg Roy, Planning Manager VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: SDD Memo.docx 49 TO: Vail Town Council FROM: Community Development Department DATE: April 7, 2026 SUBJECT: Special Development Districts – Code Amendment I. DISCUSSION TOPIC The Town Council requested information on the Vail Town Code regarding options to amend the Special Development District process to add a sketch plan review step. II. BACKGROUND Special Development Districts (SDD) are regulated by Chapter 12-9A of the Vail Town Code. The SDDs are intended as a form of overlay district to provide a property owner, or owners, an option to deviate from dimensional zon ing standards in exchange for a tangible offsetting public benefit. The purpose is to encourage flexibility and creativity in the development of land to improve the design character and quality of new developments. The general process of an SDD application is review and formal recommendation by the Planning and Environmental Commission (PEC) during a noticed public hearing, followed by two readings of an ordinance by Town Council to approve or deny the application. The timeline of this process can be as short as three months but typically takes longer. The submittal requirements for new and amended SDDs involve a significant amount of detailed work including site plans, elevations, floor plans, landscaping plans, and other information. Town Council has requested that staff look at ways to amend the process to add a sketch plan step that would allow Town Council a chance to weigh in on an SDD application in the early stages. Staff have proposed two options in which the Code could be amended to achieve that goal. Option 1: A pre-application, preliminary sketch plan requirement would be added to Section 12-9A-4 in which the applicant must present to Council their general concept for review. The review would be nonbinding and would not require a vote by Council. 50 Town of Vail Page 2 Option 1 would provide an opportunity for the applicant to receive early feedback from Council and for Council to identify any changes that should be considered prior to the submittal of a formal application. Option 2: A binding sketch plan review step requirement would be added to Section 12-9A-4 in which an application is reviewed by PEC, PEC forwards a formal recommendation to Council, and Council would then approve or deny the sketch plan. In both options the sketch plan would have less submittal requirements or detailed plans, and the applicant would likely not incur as much soft costs preparing their materials before presenting the idea to the PEC and Council. Where the two options differ is the length of time for review and the nonbinding vs binding nature of each sketch plan process option. Option 1 would add less time with only one Council meeting, and no additional public notice requirements. It would give the applicant an opportunity to receive preliminary feedback and allows Council to maintain flexibility in what is approved at the end of the SDD process. Option 2 would increase the review time of the current process by requiring at least one additional PEC meeting, with public notice requirements, staff analysis, report and recommendations, before being reviewed by Council for a final decision. Option 2 could also bind Council to their decision on the sketch plan in their final vote on an SDD proposal but would provide applicants with more certainty at the first stage of the review process. III. DISCUSSION Which of the two options presented would best achieve the Council’s goals for an amendment to add a sketch plan review step to Chapter 12-9A, Vail Town Code? IV. ATTACHMENTS None 51 AGENDA ITEM NO. 5.1 Item Cover Page DATE:April 7, 2026 SUBMITTED BY:Greg Roy, Community Development ITEM TYPE:DRB/PEC Update AGENDA SECTION:DRB/PEC (3:25pm) SUBJECT:DRB/PEC Update (5 min.) SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: DRB Results 3-18-26.pdf PEC Results 3-23-26.pdf DRB Results 04-01-26.pdf 52 Design Review Board Minutes Wednesday, March 18, 2026 2:00 PM Vail Town Council Chambers Present: Roland J Kjesbo Mary c Egan Herbert B Roth Kit Austin Absent: Anthony J Grandt 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 DRB24-0457 Change 1 - Christopher D. Stansbury Trust & Anna M. Rasmussen Declaration of Trust Residence Final review of a change to approved plans (exterior) Address/ Legal Description: 2187 Saint Moritz Way / Lot 8, Vail Heights Filing 1 Planner: Cole Michaelsen Applicant Name: Christopher D. Stansbury Trust & Anna M. Rasmussen Declaration of Trust, represented by Pinnacle Mountain Homes 2187 St Moritz Change to Approve Documents.pdf 2187 St Moritz Change to Approve Plans.pdf DRB24-0457 Approved and Stamped DRB Documents 2-5-2025.pdf DRB24- 0457 Approved and Stamped DRB Plans 2-5-2025.pdf Nieghborhood Images.pdf Roland J Kjesbo made a motion to Approve with the findings that it meets 14-10-4 and 14-10-5. ; Kit Austin seconded the motion Passed (4 - 0). 3.2 DRB-26-31 - Concert Hall Plaza Final review of a redevelopment of Concert Hall Plaza Address/ Legal Description: 616 West Lionshead Circle/Lot 1, Vail Lionshead Filing 4 Planner: Heather Knight Applicant Name: Concert Hall Plaza, represented by Mauriello Planning Group Concert Hall Plaza Narrative DRB 2-13-26.pdf 031826 DRB_PlanSet1.pdf 031826_DRB_PlanSet2.pdf LRMP Design Guidelines.pdf CHP-PublicComment-NDG.pdf CHP-PublicComment-Brownstein.pdf Roland J Kjesbo made a motion to Table to April 1, 2026 DRB Meeting; Mary c Egan seconded the motion Passed (3 - 0). 3.3 DRB-26-21 - Town of Vail 2026 (10th Mountain Division Memorial Landscaping) Design Review Board Meeting Minutes of March 18, 2026 1 53 A final review of an exterior alteration (landscaping) Address/ Legal Description: 371 Gore Creek Drive/Tract B, Vail Village Filing 1 Planner: Heather Knight Applicant Name: Town of Vail DRB_03-18-2026_Updated_presentation.pdf Roland J Kjesbo made a motion to Approve with the findings that it meets 14-10-5. ; Mary c Egan seconded the motion Passed (4 - 0). 4. Staff Approvals 4.1 DRB25-0361 - Biszantz Residence Final review of an exterior alteration (solar) Address/ Legal Description: 1350 Sandstone Drive 1/Lot G3, Lion's Ridge Subdivision Filing 2 Planner: Cole Michaelsen Applicant Name: Samantha Biszantz, represented by Active Energies Solar 4.2 DRB25 -0460 - Gajajiva & Gomolka Residence Final review of an exterior alteration (Windows) Address/ Legal Description: 1136 Sandstone Drive A101/Lot A6, Block A, Lion's Ridge Subdivision Filing 1 Planner: Raymond Santana Applicant Name: Arawan Gajajiva & Stephanie Gomolka, represented by Home Depot USA 4.3 DRB-26-1 - Pestinger Residence Final review for an exterior alteration (remodel) Address/ Legal Description: 5174 Main Gore Drive South A/Lot 14, Vail Meadows Filing 1 Planner: Cole Michaelsen Applicant Name: Greg Pestinger 4.4 DRB-26-2 - Out on a Ledge LLC Residence A final review of an addition Address/ Legal Description: 3891 Bighorn Road B/Lot B, The Ledges Planner: Cole Michaelsen Applicant Name: Out on a Ledge LLC, represented by TAB Associates Inc. 3891-B Bighorn Rd Documents.pdf 3891-B Bighorn Rd Drawings.pdf 4.5 DRB-26-25 - Riva Group LLC Residence A final review of an exterior alteration (windows) Address/ Legal Description: 684 West Lionshead Circle 418/Lot 8, Block 1, Vail Lionshead Filing 3 Planner: Greg Roy Applicant Name: Riva Group LLC Peter Browning, represented by Yat Construction 4.6 DRB -26-36 - Lionshead Condo Partnership LLC Ross Dupper Final review of an exterior alteration (windows) Address/ Legal Description: 680 Lionshead Place 701/Lot 3, Vail Lionshead Filing 3 Planner: Greg Roy Design Review Board Meeting Minutes of March 18, 2026 2 54 Applicant Name: Lionshead Condo Partnership LLC Ross Dupper, represented by Move Matter Architects 4.7 DRB-26-38 - Kellen Residence Final review of an exterior alteration (sliding door) Address/ Legal Description: 5303 Snowshoe Lane A/Lot 26, Vail Meadows Filing 1 Planner: Heather Knight Applicant Name: Katherine M. & James M. Kellen Revocable Trust, represented by Martin Manley Architects 4.8 DRB-26-39 - Volpert Residence Final review for an exterior alteration (A/C unit) Address/ Legal Description: 151 Vail Lane 9/Tract B, Front Door Three Dimensional Subdivision Planner: Cole Michaelsen Applicant Name: Vail Lane Trust Teri C Volpert, represented by SRE Building Associates 4.9 DRB-26-44 - Montanero's Final review of an exterior alteration (garage gate) Address/ Legal Description: 684 West Lionshead Circle/Lot 8, Block 1, Vail Lionshead Filing 3 Planner: Heather Knight Applicant Name: Montanero's, represented by Yat Construction 5. Staff Denials 6. Adjournment Roland J Kjesbo made a motion to Adjourn ; Mary c Egan seconded the motion Passed (4 - 0). Design Review Board Meeting Minutes of March 18, 2026 3 55 Planning and Environmental Commission Minutes Monday, March 23, 2026 1:00 PM Vail Town Council Chambers Present: John Rediker William A Jensen Robert N Lipnick Brad Hagedorn David N Tucker Margaret H Brown Craig H Lintner Jr 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 the review of an Amendment to a Conditional Use Permit, pursuant to Section 12-7B -3, Permitted and Conditional Uses, First Floor or Street Level, Vail Town Code, to allow for Gorsuch Ski Café Ltd., pursuant to Section 12 -16- 10, Amendment Procedures, Vail Town Code located at 254 Bridge Street C, Vail Village Filing 1, Block 5C, Lot C & L. and setting forth details in regard thereto. (PEC26-0002) This item will be re-noticed for a future meeting date. Planner: Cole Michaelsen Applicant Name: Gorsuch Ltd., represented by Resort Design Architects Time: 2 Minutes Agenda Item 3.1 was noted as re-noticed for a future meeting, with no action taken. 3.2 A request for the review of a Conditional Use Permit, pursuant to Section 12-6D-3, Conditional Uses, Vail Town Code, to allow for a Funicular pursuant to Section 12-16, Conditional Use Permits, Vail Town Code, located at 816 & 826 Forest Road, Vail Village Filing 6, Block 1, Lot 14 & Lot 15 (PEC-26-3) The applicant has requested to be tabled to the April 13, 2026 PEC meeting. Planner: Greg Roy Applicant Name: Mexamer Forest Road LLC represented by Mauriello Planning Group Time: 2 Mins Planning and Environmental Commission Meeting Minutes of March 23, 2026 1 56 (Recording timestamp: 00:00:27) Rediker opened Agenda Items 3.2 and 3.3, noting that both items were for the same applicant and property and would be heard together. Rediker stated that the applicant requested both items be tabled to April 13, 2026, and proceeded to read the agenda items into the record, including the request for a conditional use permit and a variance for the property located at 816 and 826 Forest Road. Rediker asked for a motion to table both items. Jensen clarified the agenda item numbers and made a motion to table Agenda Items 3.2 and 3.3 to April 13, 2026. William A Jensen made a motion to Table to the April 13, 2026 PEC Meeting. ; Robert N Lipnick seconded the motion Passed (6 - 0)Tucker Absent. 3.3 A request for review of a variance from Section 12-6D-6, Setbacks, pursuant to Chapter 17, Variances, Title 12, Vail Town Code, to allow for a reduction in the required setback, located at 816 & 826 Forest Road, Vail Village Filing 6, Block 1, Lot 14 & Lot 15 (PEC-26-4) The applicant has requested to be tabled to the April 13, 2026 PEC meeting. Planner: Greg Roy Applicant Name: Mexamer Forest Road LLC, represented by Mauriello Planning Group Time: 2 Mins Heard in tandem with item 3.2. William A Jensen made a motion to Table to the April 13, 2026 PEC Meeting. ; Robert N Lipnick seconded the motion Passed (6 - 0)Tucker Absent. 4. Approval of Minutes 4.1 03-09-26 PEC Meeting Minutes 030926 PEC Minutes.pdf William A Jensen made a motion to Approve ; Robert N Lipnick seconded the motion Passed (4 - 0)(Lintner, Brown and Hagedorn Abstain). 5. Information Update 5.1 Housing Department Information Update (Recording timestamp: 00:04:13) Rediker opened the Information Update. Bengston introduced herself and stated that she was present to provide an update from the Housing Department. She noted that Jason Dietz, Housing Director, and Robin Smith, Senior Housing Coordinator, were also present. Bengston stated that the Town has issued a Request for Qualifications for updates to Title 12 and Title 14 and emphasized that housing-related sections would be included in that effort. She stated that this work is a high priority for the department and noted that feedback from the Commission over the past year has been heard and incorporated into the department’s approach. Bengston further stated that the housing update is part of a broader strategic planning effort occurring within the Town. She explained that once that process is further developed, the department will return to the Commission to provide additional information regarding strategic priorities, goals, and upcoming Planning and Environmental Commission Meeting Minutes of March 23, 2026 2 57 projects so that the Commission remains informed. Rediker asked whether the Housing Department’s strategic priorities had been finalized or were still in development. Dietz responded that the process is ongoing and still in development, noting that staff is taking a comprehensive look at housing policy, code, and decision-making processes, including how existing regulations have aged over time. Rediker asked what notable code changes staff anticipated addressing. Dietz stated that the Employee Housing Unit exchange process has been problematic and noted that the housing code has developed through multiple amendments over time, resulting in “patches on patches.” Dietz stated that this is a primary driver behind the Title 12 rewrite. He further noted that staff is evaluating inclusionary zoning, residential linkage, and commercial linkage, including whether updates or consolidation may be appropriate. Rediker asked whether staff is considering lessons learned from other communities. Dietz responded that staff is reviewing comparable mountain communities and also evaluating the evolving legal landscape related to housing regulations. Hagedorn asked whether on-site housing requirements and commercial deed restrictions were being considered as part of the update. Dietz stated that while he could not speak directly to commercial deed restrictions, there would be significant discussion regarding on-site versus off-site housing mitigation and when each approach is most effective. Lintner stated that he was encouraged to see housing becoming a priority and emphasized the importance of simplifying and streamlining the code. He specifically requested that the rewrite allow aging residential properties to be renovated and brought up to current standards, noting that existing code can make such improvements difficult. Dietz responded that the department’s initial focus had been on advancing housing projects and that staff is now shifting toward working more closely with boards and commissions to evaluate what is working and where improvements can be made within the code. Rediker asked about the timeline for the Request for Qualifications process. Roy stated that responses are expected shortly and that a consultant would likely be selected during the month of April. Rediker asked about the overall timeline for code updates. Roy stated that the full process is anticipated to take approximately 12 to 18 months, noting the scale of rewriting large portions of the Town’s land use code. Rediker asked about departmental involvement. Roy confirmed that multiple departments, including housing, public works, and engineering, will be involved in developing updates to ensure all relevant areas are addressed. Rediker asked about the use of an RFQ rather than an RFP. Roy explained that the RFQ process is being used to identify qualified firms before requesting detailed proposals. Lintner asked whether commissioners could suggest firms for staff to include in the RFQ process. Roy stated that he did not see an issue with that. Lintner stated that he would provide contact information for firms with relevant experience in similar code updates. Roy reminded the Commission that current terms are expiring and that applications are due by the Planning and Environmental Commission Meeting Minutes of March 23, 2026 3 58 following Wednesday. 6. Adjournment William A Jensen made a motion to Approve ; Robert N Lipnick seconded the motion Passed (7 - 0). Planning and Environmental Commission Meeting Minutes of March 23, 2026 4 59 Design Review Board Minutes Wednesday, April 1, 2026 2:00 PM Vail Town Council Chambers Present: Roland J Kjesbo Rys Olsen Anthony J Grandt Herbert B Roth Absent: Mary C Egan 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. Swearing in of new members & Election of Chair / Vice Chair 4. Main Agenda 4.1 DRB-26-62 - 1691 Buffehr Creek Road LLP Conceptual review of new construction Address/ Legal Description: 1691 Buffehr Creek Road/Lot 3, Eleni Zneimer Subdivision Planner: Heather Knight Applicant Name: 1691 Buffehr Creek Road LLP, represented by BOSS architecture No motion; Conceptual review only. 260324 - 1691 Buffehr Creek Rd Concept DRB narrative.pdf 260324 - 1691 Buffehr Creek Road Concept DRB - plan set.pdf 4.2 DRB-26-37 - Parker Residence Final review for an exterior alteration (paint, roof, siding, railing) Address/ Legal Description: 1675 Aspen Ridge Road/Lot 6, Block 4, Lion's Ridge Subdivision Filing 3 Planner: Greg Roy Applicant Name: Kenneth M Parker Trust, represented by Berglund Architects DRB-26-37 Colors and Materials.pdf DRB-26-37 Plans.pdf Roland J Kjesbo made a motion to Approve with the findings that it meets 14-10-4 and 14-10-5 and with the condition that in the future, when the deck expansion takes place, all railings on the property are to match.; Anthony J Grandt seconded the motion Passed (4 - 0). 4.3 DRB-26-18 - Rams Horn Lodge 2026 (Landscaping) A final review of an exterior alteration (landscaping) Address/ Legal Description: 416 Vail Valley Drive / Lot A, Block 3, Vail Village Filing 5 Planner: Greg Roy Design Review Board Meeting Minutes of April 1, 2026 1 60 Applicant Name: Rams Horn Lodge represented by Mac Design Inc. DRB-26-18 Pictures.pdf DRB-26-18 Landscape Modifications Plan.pdf Roland J Kjesbo made a motion to Approve with the findings that it meets Sections 14-10-4 of Vail Town Code; Anthony J Grandt seconded the motion Passed (4 - 0). 4.4 DRB-26-7 - Wagner Residence A final review of an addition Address/ Legal Description: 5168 Gore Circle / Lot 6, Block 3, Bighorn Subdivision 5th Addition Planner: Cole Michaelsen Applicant Name: 2015 LLC Betsy Wagner, represented by Neoera Inc. 5168 Gore Circle Documents.pdf 5168 Gore Circle DRB Plans.pdf 5168 Gore Circle Garage Door Renderings.pdf Roland J Kjesbo made a motion to Approve with the findings that the application meets the requirements of Sections 14-10-4 and 14-10-5 of the Vail Town Code, and with the conditions that, prior to the issuance of a building permit, the applicant shall resolve all outstanding comments from Town departments. Additionally, prior to the issuance of a building permit, the applicant shall submit a revised survey that is subject to review and approval by the Public Works Department that clearly identifying the limits of the 100-year floodplain on the subject property. Furthermore, the applicant must use asphalt, concrete, or pavers as the driveway material.; Anthony J Grandt seconded the motion Passed (3 - 0) (Olsen left the meeting early for a personal emergency). 5. Staff Approvals 5.1 DRB25-0355 (Change to Approved Plans 1) - Mountain Haus Condos Change to approved plans (addition of units 691,670,217,224,329,567,683,573 to project) Address/ Legal Description: 292 East Meadow Drive Units 217,224,329,567,573,670,683,691,223,333,550,565,569,677/Tract B, Vail Village Filing 1 Planner: Heather Knight Applicant Name: Mountain Haus Condos, represented by Eagle Mountain Plumbing & HVAC, Inc. 5.2 DRB-26-6 - Kaye Residence Final review for an addition Address/ Legal Description: 4126 Columbine Drive W/Lot 16, Bighorn Subdivision Planner: Greg Roy Applicant Name: Jonathan H Kaye Delcaration of Trust, represented by Nedbo Construction 5.3 DRB-26-15 - Demko Residence Final review for an addition Address/ Legal Description: 799 Potato Patch Drive B/Lot 28, Block 1, Vail Potato Patch Filing 1 Planner: Cole Michaelsen Applicant Name: Kristin & Michael Demko, represented by NDG Architecture 5.4 DRB-26-23 (Change to Approved Plans 1) - Town of Vail 2026 (Artists in Residency Studio Landscaping) A final review of a change to approved plans Design Review Board Meeting Minutes of April 1, 2026 2 61 Address/ Legal Description: 530 South Frontage Road East / Unplatted - Ford Park Childrens Park and BFAG Planner: Greg Roy Applicant Name: Town of Vail represented, by the Public Works Department Gregg Barrie 5.5 DRB-26-34 - George Vail Residence A final review of an addition (lofted addition) Address/ Legal Description: 770 Potato Patch Drive 11 / Lot 6, Block 2, Vail Potato Patch Filing 1 Planner: Heather Knight Applicant Name: George H. Vail, represented by Pierce Austin Architects 5.6 DRB-26-41 - 223 Gore Creek LLC Final review for an exterior alteration (paint) Address/ Legal Description: 223 Gore Creek Drive/Lot A, Block 5B, Vail Village Filing 1 Planner: Greg Roy Applicant Name: 223 Gore Creek LLC, represented by Reynolds Mountain Construction 5.7 DRB-26-43 - Stemi Holdings LLC Final review of an addition Address/ Legal Description: 600 Vail Valley Drive B5/Tract B, Vail Village Filing 7 Planner: Cole Michaelsen Applicant Name: Stemi Holdings LLC, represented by Beth Levine Architect, Inc. 5.8 DRB-26-46 - Bortz Residence Final review of an exterior alteration (windows) Address/ Legal Description: 4770 Bighorn Road 2C/ Racquet Club Townhomes Planner: Greg Roy Applicant Name: Bortz Family Living Trust, represented by AG Marble & Granite, LLC 5.9 DRB-26-48 - Schneider Residence Final review of a tree removal Address/ Legal Description: 5088 Gore Circle/Lot 2, Block 3, Bighorn Subdivision 5th Addition Planner: Greg Roy Applicant Name: Michael & Deborah Schneider, represented by Rutsu Savatree 5.10 DRB-26-50 - Thomas Residence A final review of an exterior alteration (green house) Address/ Legal Description: 4027 Lupine Drive/ Lot 6, Bighorn Subdivision Planner: Cole Michaelsen Applicant Name: Trudy Fallert Thomas 2020 Irrevocable Trust, represented by Warzecha Enterprises 5. 11 DRB-26- 56 - Eagle River Water & Sanitation District A final review of a sign application Address/ Legal Description: 846 Forest Road/Lot 1, Eagle River Water & Sanitation District Subdivision Planner: Greg Roy Applicant Name: Eagle River Water & Sanitation District Design Review Board Meeting Minutes of April 1, 2026 3 62 6. Staff Denials 7. Adjournment Roland J Kjesbo made a motion to Adjourn ; Anthony J Grandt seconded the motion Passed (3 - 0). Design Review Board Meeting Minutes of April 1, 2026 4 63 AGENDA ITEM NO. 6.1 Item Cover Page DATE:April 7, 2026 SUBMITTED BY:Cameron Millard, Environmental Sustainability ITEM TYPE:Information Update AGENDA SECTION:Information Update (3:30pm) SUBJECT:Electric Vehicle Charging Station Revenue Update SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: EV Charging Update 2026 - Council Memo 4.07.26.pdf 64 To: Town Council From: Department of Environmental Sustainability Date: April 7th, 2026 Subject: Electric Vehicle Charging Expenses, Revenues, and Pricing Update I. Purpose The purpose of this memorandum is to provide the Vail Town Council an update on the town’s electric vehicle (EV) charging program with one year of implementation of the fee-for-charging system in place, to ensure fiscal responsibility, encourage off-peak charging, and align with Vail’s strategic goals and Electric Vehicle Readiness Plan. II. Background In 2023, the Vail Town Council adopted the EV Readiness Plan to articulate goals and strategies that equitably support the transition to clean transportation, including infrastructure, fleet vehicles, community readiness, and micro-mobility. Increasing the number of publicly available EV charging stations is one of several strategies that work to reduce barriers to electrified transportation and supports the plan’s goal of achieving 30% EV adoption in Vail by 2030. In 2025, the Vail Town Council directed staff to implement a time-of-use (TOU) pricing strategy to balance revenue and expenses. This pricing strategy is as follows: Option B: Time-of-Use (TOU) Pricing • Rates: o Off-Peak Hours (10 PM - 5 PM): $0.20/kWh o Peak Hours (5 PM - 9 PM): $0.30/kWh • Rationale: Encourages charging during off-peak hours to reduce grid stress and energy costs while still recovering costs during higher-demand periods. This dynamic model supports equitable access and sustainable energy usage. • Challenges: Requires user education and may not be applicable to certain facilities with demand rates versus Time -of-Use rates. III. EV Charging Revenue and Expense After one year, the EV Charging program has delivered 16,747 charging sessions. 65 Town of Vail Page 2 The program has accumulated $109,053 in revenue, and $89,105 in expenses for a net profit of $19,948. Expenses include the cost of energy (approximately $0.12/kWh), warranty, software, and networking, and repairs and upgrades not covered by warranty. Additionally, the program has saved 284.75 metric tons of avoided greenhouse gas emissions over the past year. Electricity delivered at town stations is 100% renewable from Holy Cross Energy, resulting in significant carbon savings through the program. IV. Overstay fees Overstay penalties have been applied to town-owned stations to encourage drivers to move when finished charging. Level 2 (slower) charging allows for a one-hour grace period to give users time to return to their vehicle and remove it. Level 3 stations, which are faster, have a 10-minute grace period. Both stations incur a $0.50 per minute fee after the respective grace period, with a maximum fee of $150. V. Station Utilization Level 2 stations are highly utilized at Vail Village, Lionshead, and Municipal Parking lots (64% of the time vehicles are charging). Red Sandstone is poorly utilized as it tends to be employee parking (3% of total sessions), and feedback from drivers has indicated that given the distance from the center of town, employees don’t have time to go back to their car and move it during the work day, so they have decided not to utilize the stations at all. Level 3 fast charging stations in Lionshead are well-utilized (28% of the time vehicles are charging) during business hours. VI. Next Steps The program will continue as-is with the Time-of-Use structure to balance fiscal considerations with sustainability goals. Staff plans to remove overstay fees or implement a time block system (6-8 max hrs allowed) at Red Sandstone Parking Structure only, to see if a new model helps to increase utilization at that location. 66 AGENDA ITEM NO. 6.2 Item Cover Page DATE:April 7, 2026 SUBMITTED BY:Abby Oliveira, Town Manager ITEM TYPE:Consent Agenda AGENDA SECTION:Information Update (3:30pm) SUBJECT:February 19, 2026 VLMDAC Meeting Minutes SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Vail Local Marketing District Advisory Council Minutes February 19 2026.pdf 67 Vail Local Marketing District Advisory Council Regular Meeting February 19, 2026 8:30 am Minutes VLMDAC Board Members: Sam Biszantz (Council Rep/Root & Flower), Molly Bond (Vail Resorts), Kim Fuller (Jaunt Media Collective), Douglas Kessler (Homeowner), Jana Morgan (Sweet Basil/Mountain Standard), Sarah Franke (Vail Valley Foundation), Esmarie Faessler (Sonnenalp), Cody Worden (Four Seasons Resort Vail), Patrick Davis (Manor Vail Lodge) Additional attendees: Mia Vlaar (Town of Vail), Liz Gladitsch (Town of Vail), Jeremy Gross (Town of Vail), Abby Oliveira (Town of Vail), Diana Ramirez (Town of Vail), Jake Shipe (Town of Vail), Chris Romer (Vail Valley Partnership), Michal Bednarczyk (970 Design), Slade Cogswell (970 Design), Caitlin Row (Miles Partnership), Amanda McNally (MYPR), Angela Mueller (Ren Productions – Taste of Vail), Bob Brown (Brown Analytics), Jeremy Coleman (Brown Analytics), Kim Brussow (Vail Valley Partnership), Mark Masters (Vail Comedy), Ben Walton (Miles), Beth Wright-Chessman (Miles), Ivy Vaughn (Miles), Jenna Luberto (Brown Analytics), Julian Stone, Samantha Stephak (Eagle County Regional Airport), Taylor Dodd, Tor Linzee (Hythe Vail), Shannon Thornburg (Vail Valley Foundation) Board packet and background materials available here. 1. Call to Order Es Faessler called the meeting to order at 8:34am 2. Consent items January meeting minutes. Motion to approve: Kim Fuller/Douglas Kessler/unanimous Budget shifts approval as outlined in board packet. Discussion ensued on budget adjustments and strategy behind shifts. Motion to approve: Douglas Kessler/Jana Morgan/unanimous 3. Financial Update Jake provided a preliminary financial update through December 2025. Down 4% to 2024 and 4% to budget. Discussion ensued regarding sales tax, lodging tax, and budget strategies. 68 4. Presentations and Updates (Note: backup materials available in board packet) Discover Vail Strategic Plan Timeline and Update Mia Vlaar reviewed timeline and process; details available in board packet (sent in advance), aligned with Town Council strategic planning process. Further discussion expected in March or April. Discussion ensued related to the value of the work session with Town Council. Late Winter Liz Gladitsch reviewed efforts to increase demand through the end of winter season. Discussion ensued on best messaging to stimulate demand and ensure efforts are effective to lean into events and the guest experience. Summer Paid Media Ivy Vaughn reviewed paid media tactics, KPI’s, and objectives. Presentation details were linked in the board packet, including timing and cadence of marketing tactics lined up with the travel journey (inspiration, consideration, and conversion). Discussion with the board regarding timing (early winter v late winter v summer), event promotion, owned media channels, and budget allocations within travel journey. SEO and Content Updates Caitlin Row reviewed SEO and content strategies, including performance and trends. Complete details and content plan available in board packet presentation. 2026 KPI’s and deliverables discussed, including how content is influencing AI summaries on search results. Site content audit recommendations reviewed with a focus on comprehensive single-topic content to influence AI language models and necessary keywords. Link to audit available in presentation. Discussion ensued regarding timing, optimization, priority items, and maintaining Discover Vail’s unique voice. Website Functionality Slade Cogswell reviewed web tools and functionality and why it matters; collaboration with 970 (functionality) and Miles (content) is vital to success. Developing tools and utilities that enhance the user experience have the added benefit of helping search traffic; organic growth continues, largely driven by newly custom-built pages (such as “things to do”, “interactive map”, and “events”). 69 Key highlights include personalization, sports team pages, mobile updates, custom content pages, platform improvements, etc. 2026 tactics include new groups section, integration of LoveVail content, new itineraries, etc. Complete list available in the presentation. Database Tactics Bob Brown reviewed database tactics, acquisition focus areas, growth segmentation, and strategic data partnerships (beyond email). Complete overview available in the board packet. Database growth and engagement tactics reviewed, including paid media, email pixel, and website. Tactics also include newsletter, paid search, and experiential emails including apres-ski, holiday themes, March Madness, etc. 2026 Supplemental Discussion Liz Gladitsch reviewed fund balance (currently 61%, or $3,218,742) to focus on high impact areas, including: group sales media campaign focused on highlighting Dobson’s meeting & event capabilities; Dobson promotional creative (possible 2027 tactic) including photo and video; 2027 campaign options (video campaigns, events, behind-the-scenes footage); full review of other tactics. Board feedback supportive of option 3 on the campaign options to ensure Vail remains fresh and content remains authentic and meaningful, including capturing additional footage for other markets including families and events. Board expressed desire to ask for supplemental budget to focus primarily on Dobson efforts and 2027 campaign assets. Board has concerns about increase to campaign spending as historic town council support for supplemental has been focused on one-time spend vs ongoing tactics. Board support by proposed line item outlined below, with a variety of discussion regarding ongoing expenses, goals, needed timing, and a desire for further exploration of contingency vs supplemental budget requests. Send sites: supportive Meetings & group media campaign: desire to reduce Group photo/video: supportive Meeting & group content execution: supportive Increasing media budget: not at this time; consensus vote to oppose, with some expressed desire for more details 2027 campaign: supportive Discover Vail brand book: supportive 70 Brand Health Study: not currently Bound personalization creation and management: defer to future discussion Action: Final discussion focused on deferring additional discussion for March as we will know more about expected budget trends, with possible supplemental budget request in April if needed. 5. Board comment to management reports N/A 6. Matters from the board and staff N/A Adjourn: 11:28am 71 AGENDA ITEM NO. 6.3 Item Cover Page DATE:April 7, 2026 SUBMITTED BY:Jake Shipe ITEM TYPE:Information Update AGENDA SECTION:Information Update (3:30pm) SUBJECT:March 2025 Revenue Update SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 260407 Town of Vail Revenue Update.pdf 72 1 TOWN OF VAIL REVENUE UPDATE April 7, 2026 4.0% General Sales Tax Upon receipt of all sales tax returns, February 2026 collections are estimated to be $5,684,325, down (10.1)% from 2025 and flat with the proposed amended budget. Inflation as measured by the consumer price index was up 2.4% for the 12-months ending February 2026. The proposed amended budget totals $39.7 million for 2026. February sales tax collections were impacted by limited snowfall, but particularly in the lodging category, which declined (13.1)% compared to February 2025. Sales tax collections from short-term rentals decreased (6.6)% while collections from hotels and lodges decreased (15.6)%. 0.5% Housing Fund Sales Tax Upon receipt of all sales tax returns, February 2026 collections of the 0.5% housing sales tax are estimated to be $692,823, down (10.2)% from 2025 and flat with the proposed amended budget. The proposed amended budget for the housing fund sales tax totals $4.8 million for 2026. Real Estate Transfer Tax (RETT) RETT collections through March 31 total $1,398,516, down (26.0)% from this time in 2025. This decrease is partially due to a small number of large-dollar sales that occurred in early 2025. The number of property sales (excluding time-shares) were down (16.0)% from 2025. The annual budget for RETT collections totals $7.8 million for 2026, a 20.4% decrease compared to 2025 actuals. Lift Tax Lift tax collections for February 2026 total $1,460,129, down (9.3)% or $(149,635) from 2025. Year-to-date lift tax collections of $2,960,533 are down (8.8)% from this time in 2025. Daily Parking Sales Daily sales from the parking structures from November through March 30th total approximately $6,098,896, down (10.3)% from time last year. This amount includes daily fees charged to the parking pass holders. The total number of daily vehicle entries into the parking structures (including free periods) is down approximately (11.6)% compared to the prior winter season. The number of paid parking transactions is down approximately (20.0)% compared to the prior winter season. Winter Parking Pass Sales Winter parking pass sales for the 2025/2026 winter season through March 30th total approximately $1,194,875, a decrease of $(37,870) or (3.1)% from the prior season. Adjustments to the pass pricing structure were approved for the 73 2 2025/2026 season. If prices had not been increased (and the same number of passes were sold), collections would have been down approximately ($99,986), or (8.3)% from the prior season mainly due the decrease in employee plus passes sold. 2025/2026 season pass sales indicate that more employees opted for the local pass option than prior years. The total budget for winter parking pass sales is $1,240,000. The number of passes sold by type is included in the following chart: Pass Type 2025/2026 Pass Sales 2024/2025 Pass Sales Increase / (Decrease) from Prior Year Premier 21 21 - Vail Village Business Premier 70 69 1 Lionshead Business Premier 4 7 (3) Employee 495 488 7 Employee Plus 266 330 (64) Local 4,141 3,622 519 Total 4,997 4,537 460 74 Preliminary Proposed Amended 2026 Budget % change % change 2021 2022 2023 2024 2025 Budget Variance from 2025 from Budget January 3,422,209$ 5,217,125$ 5,911,572$ 5,805,199$ 5,988,253$ 5,610,786$ 5,610,786$ (0)$ -6.30%0.00% February 3,691,850 5,686,585 6,041,108 6,080,349 6,325,963 5,684,325 5,684,325 0 -10.14%0.00% YTD 7,114,060$ 10,903,710$ 11,952,680$ 11,885,548$ 12,314,216$ 11,295,111$ 11,295,110$ (0)$ -8.28%0.00% March 4,364,797 5,912,059 6,055,992 6,412,535 6,247,759 5,315,067 - April 1,751,528 2,234,296 2,264,892 1,842,893 2,193,928 1,180,000 - May 1,061,516 1,227,974 1,118,011 1,176,629 1,220,969 1,180,000 - June 2,149,312 2,317,931 2,272,457 2,361,482 2,371,399 2,289,072 - July 3,491,668 3,507,973 3,412,277 3,643,192 3,744,809 3,628,942 - August 2,877,550 2,997,389 2,932,111 3,052,213 3,270,007 3,144,067 - September 2,359,528 2,441,331 2,508,064 2,415,397 2,539,164 2,447,619 - October 1,734,964 1,729,558 1,773,358 1,753,419 1,906,445 1,757,502 - November 1,880,397 1,902,643 1,901,141 1,844,461 1,878,308 1,807,572 - December 5,749,365 5,602,018 5,811,950 5,789,893 5,762,201 5,654,095 - Total 34,534,683$ 40,776,882$ 42,002,933$ 42,177,661$ 43,449,206$ 39,699,047$ 11,295,110$ (0)$ -8.28%0.00% Preliminary Proposed Amended 2026 Budget % change % change 2022 2023 2024 2025 Budget Variance from 2025 from Budget January 645,487$ 720,906$ 705,167$ 728,999$ 685,810$ 685,810$ (0)$ -5.92%0.00% February 702,730 736,788 741,549 771,048 692,823 692,823 (0) -10.15%0.00% YTD 1,348,217$ 1,457,694$ 1,446,716$ 1,500,047$ 1,378,633$ 1,378,633$ (0)$ -8.09%0.00% March 719,717 738,244 783,123 763,215 648,733 - April 269,018 271,930 222,032 264,598 142,400 - May 146,657 132,333 139,793 145,795 142,649 - June 280,460 275,113 284,485 286,154 278,231 - July 424,602 412,849 439,142 451,816 440,885 - August 361,165 352,887 369,212 395,849 382,022 - September 294,861 304,068 293,066 308,100 298,442 - October 207,397 213,568 210,364 229,552 221,322 - November 230,383 229,092 222,639 226,892 218,186 - December 671,982 703,050 699,750 694,515 683,338 - Total 4,954,459$ 5,090,828$ 5,110,322$ 5,266,534$ 4,834,841$ 1,378,633$ (0)$ -8.09%0.00% 2026 Budget Comparison 0.5% Collected Sales Tax Actual 0.5% Collections 0.5% HOUSING SALES TAX Town of Vail Revenue Update April 7, 2026 4.0% GENERAL SALES TAX2026 Budget Comparison Actual 4.0% Collections 4.0% Collected Sales Tax 75 Town of Vail Revenue Update YTD 4% General Sales Tax Collections By Year April 7, 2026 Through February 28 February 4% General Sales Tax Collections By Year Through February 28 •February collections of $5,684,325 are down (10.1)% from prior year and are even with the proposed amended budget. $5,686,585 $6,041,108 $6,080,349 $6,325,963 $5,684,325 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 2022 2023 2024 2025 2026 $10,903,710 $11,952,680 $11,885,548 $12,314,216 $11,295,110 $0 $5,000,000 $10,000,000 2022 2023 2024 2025 2026 •YTD collections of $11,295,110 are down (8.3)% from prior year and are even with the proposed amended budget. •Inflation as measured by the consumer price index was up 2.4% for the 12-months ending 76 Town of Vail Revenue Update April 7, 2026 February 0.5% Housing Fund Sales Tax Collections By Year Real Estate Transfer Tax by Year YTD Through March 31 February Collections YTD Collections •This chart shows YTD collections of 1% RETT, segmented by real property values. 2026 collections are down (26.0)% from the prior year. $1,564,967 $1,204,645 $2,007,242 $1,889,157 $1,398,516 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 2022 2023 2024 2025 2026 Sales Less Than $2.5 Million Sales $2.5 to $5 Million Sales $5 to $10 Million Sales Over $10 Million •February collections of $692,823 are down (10.2)% from prior year and are even with the proposed amended budget. •2025 YTD collections of $1,378,633 are down (8.1)% from 2025 and are even with the proposed amended budget. $736,788 $741,549 $771,048 $692,823 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 2023 2024 2025 2026 $1,457,694 $1,446,716 $1,500,047 $1,378,633 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 2023 2024 2025 2026 77 Town of Vail Revenue Update April 7, 2026 YTD Lift Tax Collections YTD Through February 2026 •2026 YTD lift tax collections of $2,960,533 are down (8.8)% or $(284,305) from the same time last year. $2,894,759 $2,929,120 $3,134,928 $3,244,838 $2,960,533 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 2022 2023 2024 2025 2026 78 Vail Business Review February 2026 April 7, 2026 The Vail Business Review breaks down the 4.5% sales tax collected for the month of February. 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. February 4.5% sales tax was down (10.1)% from the prior year. Retail decreased (7.9)%, lodging decreased (13.1)%, food and beverage decreased (6.8)%, and utilities/other decreased (10.4)%. Excluding the out-of-town category, sales tax for the month of February was down (11.1)% compared to prior year. Town of Vail sales tax reports, the Vail Business Review, and financial statements are available on the internet at vail.gov. You may email me to request to have the Vail Business Review 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 79 Town of Vail Business Review February Sales Tax Collections by Year February 2026 Sales Tax February 2025 Sales Tax Collections by Business Type February 2026 1,872,779 Lodging 2,814,505 Food & Beverage 1,371,856 Utilities & Other 318,005 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 (7.9)% (6.8)% (10.4)% Retail 6,409,825 6,776,663 6,807,497 7,096,998 6,377,144 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 2022 2023 2024 2025 2026 General Sales Tax Housing Sales Tax • February 2026 retail sales decreased (7.9)%, lodging decreased (13.1)%, food and beverage decreased (6.8)%, and utilities and other decreased (10.4)%. • The figures above reflect 4.5% sales tax. Retail 2,033,372 Lodging 3,237,096 Food & Beverage 1,471,439 Utilities & Other 355,091 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 (13.1)% • 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. The 0.5% increase to sales tax is depicted in light blue. General 4.0% sales tax collections are shown in darker blue. • Total February 2025 collections were $7,096,998; February 2026 collections were $6,377,144, down from the prior year (10.1)%. 80 Town of Vail Business Review February 2025February 2026 Geographic Area Trends by Year February Sales Tax Sales Tax by Location February 2026 Sales Tax 947,473 965,408 1,054,758 997,081 857,481 1,258,505 1,304,588 1,258,000 1,300,601 1,152,128 1,360,994 1,474,111 1,360,675 1,539,033 1,435,445 2,842,853 3,032,556 3,134,064 3,260,284 2,932,091 Other Areas 14% Lionshead 18% Out of Town 22% Vail Village 46% • Vail Village sales tax decreased (10.1)%, Lionshead decreased (11.4)%, Other Areas decreased (14.0)%, and Out of Town decreased (6.7)%. Excluding Out of Town collections, all areas were down (11.1)%. • The figures above reflect 4.5% sales tax. $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 2022 2023 2024 2025 2026 Vail Village Out of Town Lionshead Other Areas • This chart shows February sales tax collections by geographic area over time. • The 0.5% increase for housing sales tax is depicted in lighter shades. General 4.0% sales tax collections are shown in darker shades. Other Areas 13% Lionshead 18% Out of Town 23% Vail Village 46% 81 Retail Business 4.5% Sales Tax Detail February 2026 Sales Tax Town of Vail Business Review Accommodation Services Sales Tax by Year Apparel $485,572 Grocery $239,129 Gallery $9,888 Gifts $11,031 Jewelry $82,283 Retail Liquor $69,700 Retail Other $347,927 Sporting Goods $506,719 Online Retailers $120,407 Retail Home Occupation $121 • February 2026 accommodations services decreased (13.1)% from the prior year. Short-term rentals decreased (6.6)% and hotels and lodges decreased (15.6)%. • 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 that advertise and rent properties on these platforms. 2,243,849 945,291 2,321,975 915,121 1,959,836 854,668 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 Hotel and Lodges Short-Term Rentals 2026 2025 2024 82 Retail 230,394 259,213 (28,819) -11.1% Lodging 476,890 593,785 (116,895) -19.7% F & B 144,814 136,330 8,485 6.2% Other 5,382 7,753 (2,371) -30.6% Total 857,481 997,081 (139,600) -14.0% Retail 293,054 313,695 (20,642) -6.6% Lodging 616,744 711,234 (94,490) -13.3% F & B 239,933 269,725 (29,792) -11.0% Other 2,397 5,947 (3,550) -59.7% Total 1,152,128 1,300,601 (148,473) -11.4% Retail 409,750 476,180 (66,430) -14.0% Lodging 745,885 763,282 (17,397) -2.3% F & B 949 2,936 (1,987) -67.7% Other 278,861 296,634 (17,773) -6.0% Total 1,435,445 1,539,033 (103,588) -6.7% Retail 939,581 984,283 (44,703) -4.5% Lodging 974,986 1,168,795 (193,810) -16.6% F & B 986,160 1,062,448 (76,289) -7.2% Other 31,365 44,757 (13,393) -29.9% Total 2,932,091 3,260,284 (328,194) -10.1% Retail 1,872,779 2,033,372 (160,593) -7.9% Lodging 2,814,505 3,237,096 (422,592) -13.1% F & B 1,371,856 1,471,439 (99,583) -6.8% Other 318,005 355,091 (37,086) -10.4% Total 6,377,144 7,096,998 (719,854) -10.1% Retail Apparel 485,572 482,747 2,825 0.6% Retail Food 239,129 273,747 (34,618) -12.6% Retail Gallery 9,888 5,996 3,893 64.9% Retail Gift 11,031 10,479 552 5.3% Retail Home Occupation 121 151 (30) -19.6% Retail Jewelry 82,283 74,151 8,132 11.0% Retail Liquor 69,700 79,804 (10,104) -12.7% Retail Other 347,927 329,365 18,562 5.6% Retail Sport 506,719 577,425 (70,706) -12.2% Retail Online Retailer 120,407 199,507 (79,100) -39.6% Total 1,872,779 2,033,372 (160,593) -7.9% Total - All Areas Lionshead Out of Town Vail Village Retail Summary Cascade Village / East Vail / Sandstone / West Vail Town of Vail Business Review February 4.5% Sales Tax 2026 Collections 2025 Collections YoY % ChangeYoY $ Change 83 AGENDA ITEM NO. 7.1 Item Cover Page DATE:April 7, 2026 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 (3:30pm) SUBJECT:Matters from Mayor, Town Council and Committees (20 min.) SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 84 AGENDA ITEM NO. 7.2 Item Cover Page DATE:April 7, 2026 SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Town Manager Report AGENDA SECTION:Matters from Mayor, Council, Town Manager and Committee Reports (3:30pm) SUBJECT:Town Manager Report (10 min.) SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: TM Update 040726.docx Town of Vail Strategic Plan 2026 -040326 final draft.pdf 85 Town Managers Update April 7, 2026 1. Council Strategic Plan On January 19 and 20, 2026, the Town Council met and updated the Town’s strategic plan that was created in 2024. This update includes a vision statement, mission, priority issues, and strategic results/goals. This plan is focused on how issues and goals will improve the lives of our customers who are our residents, guests, businesses, and employees that live, work, and play in Vail. To ground the Town Council on our customers’ perspectives, the planning session in January of 2026, started with a review of feedback received by five focus groups, as well as feedback from community and guest surveys (See Attachment A). The Strategic Plan is intended to be updated every two years after a Town Council election. Town Council members in creating this plan are asked to consider long-term strategic issues but focus on creating meaningful results for our customers in the next two to five years. Staff would like to invite council to begin reviewing the plan. A link has been forwarded to Council to track changes with any desired edits. Also, we have attached a copy of the draft strategic plan for the public’s reference. It should be noted that staff is still working on the action plan (Attachment B) which provides detailed actions to implement each result. The results, particularly for Vibrant Vail Experience and Strong Community, are interrelated and support each other. This plan needs to reflect the direction of the Town Council and be your plan for aligning time, money, and resources for the Town. Again, staff invites you to edit this document via the link that was sent to Council. Staff will schedule time on April 21st to review feedback and reconcile any comments provided by Council or additional edits staff would suggest. 2. Town Code Related to The current sign code regarding open house, portable, and temporary signs (or ‘sandwich board’ signs): § 11-2-1 DEFINITIONS ENUMERATED OPEN HOUSE SIGN. A temporary sign used in association with a property conducting an open house. PORTABLE SIGN. A sign that is not permanently attached to the ground, a building or a structure. This does not include a vehicle mounted sign as defined herein. TEMPORARY SIGN. A sign that is intended for a definite and limited period of display that is not permanently affixed to a structure or sign structure. 86 Town of Vail Page 2 § 11-7-10 RESTAURANT SIGNS. (A) Description. Additional signage allowed for all eating and drinking establishments within the Town of Vail, subject to the following standards. (B) Display boxes. (1) Number. Each business shall be allowed up to two display boxes per business frontage, per subsection (C)(5) of this section. (2) Area. Businesses shall be allowed up to six square feet of display box area per business frontage. No single display box shall exceed six square feet, and no business frontage shall display more than six square feet of display box area. (3) Height. The height of the highest part of the display box shall not extend more than six feet above existing grade. (4) Location. Display boxes shall be displayed on the business fronta ge. (C) Specials boards. (1) Number. Businesses shall be allowed one specials board per business frontage. (2) Area. Specials boards shall not exceed three square feet. (3) Height. The height of the highest part of the specials board shall not extend more than six feet above existing grade. (4) Location. Specials boards shall be attached to menu boxes, except where the Administrator determines there is a practical difficulty by making the following findings, in which case the specials board may be attached to a wall or deck railing on the business frontage: (a) That there exists no ability to attach the specials board to the menu box in the existing or proposed location of the menu box; and (b) That there exists no ability to relocate the existing or proposed menu box to a location that meets the requirements of this title, and allows for attachment of the specials board to the menu box. § 11-7-11 ADDITIONAL TEMPORARY SIGNAGE. (A) Description. Each property within the Town of Vail shall be allowed, without a permit, one additional temporary sign, subject to the following standards. (B) Size. No temporary sign shall not be greater than three square feet in area. (C) Height. No part of a freestanding sign shall extend above four feet above the finished grade. (D) Design. Temporary signage falling under this provision shall be freestanding or window signs. (E) Timeframe. No sign falling under this provision shall be displayed for more than 14 days per year. Additional temporary signage may only be displayed between 8:00 a.m. and 8:00 p.m. on a daily basis. The process for amending the sign code is: § 11-3-1 ADMINISTRATION OF SIGN REGULATIONS. 87 Town of Vail Page 3 (C) Amendments. The regulations prescribed in this title may be amended or repealed according to § 12-3-7, “Amendment” of this code. Implications if sandwich boards/portable signs are allowed: Staff would expect our public rights-of-ways would be cluttered with sandwich boards if sandwich boards turned into a permitted sign. Also, staff will need divert time from an update of the land use code to a sign code amendment if Council directs an amendment to be made. 3. Other Topics 88 Town of Vail Page 4 Attachment: Council Strategic Plan: 89 1 WORKING DRAFT to Town Council on April 7, 2026 90 2 Executive Summary – Town of Vail Strategic Plan Vision: To be your favorite mountain town. Purpose: The purpose of the strategic plan is to identify and address the most important issues the Town of Vail is facing in the next five years. This plan will be used to align resources around measurable goals to address those critical strategic issues. Trends/Issues Council Considered: Key trends and issues considered in this plan include: • Value and Vibrancy: Commercial rental rates are pushing unique/locally owned businesses (retail, food and beverage) out of Vail and impacting the vitality and vibrancy of Vail’s commercial areas. Unpredictable winters, varying service levels and increasing costs on and off the mountain are also trends impacting the perception of value for our guests. • New Residents: With new homes for approximately 1,000 new residents coming becoming available in the next three years, does Vail have the amenities to support new younger residents? Continuing to enhance our sense of community for both existing and new residents will be critical to Vail’s success and creating new leaders in the future. • Financial Sustainability: Financial sustainability is critical as the town completes three large capital projects (Timber Ridge Village, Southface Vail, and Dobson Arena). Poor snow, potential for wildland fires, significant global turmoil and economic uncertainty, along with the need to add to the town’s fund balance make financial discipline important in the foreseeable future. Desired Results/Goals; Given the above-mentioned trends the Vail Town Council identified three goal areas supported by a fourth (Good Governance) which is an ongoing goal. • Create a Vibrant Vail Experience. Town policies, incentives, and special events will support year-round vibrancy and entrepreneurial initiatives from locally owned business so that guests and residents want to be in Vail’s commercial areas because they are fun, inviting, and aesthetically attractive. • Build a Strong Community. Successfully completing Timber Ridge, and Southface affordable housing developments, providing adequate childcare opportunities, creating places for our community to connect (library, recreation center) and cultivating our next generation of residents and leaders will be critical in building our sense of community. • Protect Our Mountain Environment: Reducing greenhouse gas emissions, protecting Gore Creek and the natural environment in and around Vail will continue to be priorities for the Town. In addition, being resilient to natural and manmade emergencies along with climate change will be critical to protecting our community and economy. The Town of Vail must continuously work on good governance to support the above-mentioned goals and to provide a high level of customer service. In the next several years there will be a focus on ensuring our land use and housing policies will be clear and understandable and of course achieve community goals. Departments will identify opportunities to measurably improve customer service. The town will also work on ensuring financial sustainability and that we are communicating proactively and transparently with the Vail community. 91 3 Town of Vail Five Year Strategic Plan Updated January 20, 2026 1. PURPOSE AND INTRODUCTION This Strategic Plan’s purpose is to create real and meaningful results for our residents, businesses, and guests to address the most important issues identified in community surveys, plans and community conversations. This Strategic Plan, once approved, will provide a framework to align both human and financial resources to achieve critical results in addressing our community’s most important issues. On January 19 and 20, 2026, the Town Council met and updated the Town’s strategic plan that was created in 2024. This update includes a vision statement, mission, priority issues, and strategic results/goals. This plan is focused on how issues and goals will improve the lives of our customers who are our residents, guests, businesses, and employees that live, work, and play in Vail. To ground the Town Council on our customers’ perspectives, the planning session in January of 2026, started with a review of feedback received by five focus groups, as well as feedback from community and guest surveys. The Strategic Plan is intended to be updated every two years after a Town Council election. Town Council members in creating this plan are asked to consider long-term strategic issues but focus on creating meaningful results for our customers in the next two to five years. 2. MISSION AND VISION The mission or purpose of the Town of Vail defines why we exist as a local government in serving our residents, businesses, and guests. Our vision provides a direction and destination of where, as a community, we want to move towards in the future. After two days of reviewing stakeholder feedback and strategic issues, the Town Council created the following aspirational vison statement, which is premised on being a strong, vibrant community so that we can provide exceptional service and value for our guests. The Town of Vail’s vision is: To be your favorite mountain town. This vision: • Is about your connection and devotion to the place, whether you live, work or play here. • Being the best is rankings-oriented and hard to define, so we have set our sights on being your favorite, i.e. your go-to answer when someone asks, “What is your favorite mountain town?” Vail. No brainer. • Are we a resort or a community? Both, at the same time. We are a mountain town, here for all to enjoy what Mother Nature gave us. In February 2024, the Town Council articulated the following purpose: The purpose of the Town of Vail and the services we provide is to provide exceptional public services, to people who live, work, and play here so they can connect to the community and to nature, create memories, find opportunities to thrive, and have the time of their lives. 92 4 3. PROGRESS FROM 2024 STRATEGIC PLAN The Town Council completed a strategic plan in 2024, and we are still actively implementing this plan. Significant resources have been committed to the execution of three major capital projects including Dobson Arena, Timber Ridge and Southface. The 2024 Strategic Plan can be found on the town’s website. The last update on progress was presented to Town Council on Oct. 21, 2025. The public dashboard is available at https://performance.envisio.com/dashboard/Vail. Plan progress highlights include: Create a Strong Community and Create Affordable Housing Opportunities • 570 homes for locals are currently under construction, including the town’s first Habitat for Humanity homes. Support Our Workforce • Significant council contributions to the Minturn Family Enrichment Center and new Early Childhood Education Center in Avon. Provide an Authentic Vail Experience • Launched the new early winter season “Stoke Sessions” concert series. • $55 million Dobson Ice Rink renovation is being created to enhance town events and continue a tradition of ice programs including Yetti games. Transportation • Year-round managed parking, creation of the Transit Route Optimization and Arrive Vail plans, and pedestrian improvements in West Vail. • Residents and employees are using transit more with improved CORE and Town services. The number of days on the Frontage Rd has been reduced. Environmental Sustainability • Initiating, after receiving a $1.8 million grant, the initial node of a geothermal district and finalized the town’s first car share program. This update will supersede the 2024 plan and build upon it. 4. 2026 STRATEGIC PLAN The following section includes the mission, priority Issues, and results from the January 19 and 20, 2026 planning sessions. Mission: The mission describes our purpose and the fundamental services we provide to the community and the desired impact of those services. The mission of the Town of Vail is to provide exceptional public services to people who live, work and play here so they can connect to the community and to nature, create memories, find opportunities to thrive, and have the time of their lives. Issues and Results: The following critical issues and results tie back to the feedback the Town received from the community. The 2026 Strategic Plan recognizes that completing three of the largest capital projects in Vail history including Timber Ridge Village, Southface Vail, and the 93 5 Dobson Arena remodel is critical and must be successfully completed with applicable development partners (Triumph, Corum, VRD respectively). It is also recognized that with each significant development project, there are inherent risks that will need to be managed and mitigated as with any development. These projects will continue to require significant human and financial resources in the next two to three years. The issues and results mentioned below reflect the necessity to successfully complete these three projects. It should be acknowledged that are is strong interconnectivity between the issues mentioned below. Goals related to community also support creating a vibrant guest experience. Environmental resiliency supports guests, residents, and employees by responding to the changing environment of the Rocky Mountains. The Town Council worked toward consensus in developing the following issues and strategic results. The following issues respond to trends and feedback the Town Council considered and the results reflect what our customers (residents, guests, and employees) will experience in addressing the following issues. A. Strategic Priority – Create a Vibrant Vail Experience: The Town of Vail has experienced an escalation in commercial rents that makes being a local entrepreneur with a brick-and- mortar store, particularly for food and beverage operations challenging. The trend of more exclusive national/international brand businesses pushing out unique locally owned businesses creates the risk of homogenizing Vail Village and Lionshead. At the same time with an increase in employee housing, there will be a greater demand for locally serving businesses, particularly in food and beverage. Another trend the Town must directly face is providing value and vibrancy to our guests and residents whether we have good snow years or not. Providing and communicating opportunities to have fun and an incredible experience in Vail regardless of snow conditions will be increasingly important in the future. Desired Results: A.1 By December 2028, realize a net 5% increase in locally owned and operated store front businesses. A.2. By December 2028, create polices, programming and organizational culture for the local business community to embrace and promote vibrancy and an environment of fun A.3 By March 2027, create policies and an organizational culture where community members and/or groups can utilize Town facilities. (Is this more of a “Build Community Topic”) A.4 By December 2027, residents and visitors will have access and utilize a playbook of diverse and compelling activities that are available in the TOV throughout the year. B. Strategic Priority – Build a Strong Community: With the Residences of Main Vail now completed, along with Timber Ridge Village and Southface Vail, the Town will have created 642 new homes for our community between the three projects. This new housing will provide homes totaling 1021 bedrooms. Creating a strong community that supports a world class guess experience was seen as being a critical issue in 2024 and continues to be an ongoing need and opportunity in the future. 94 6 Desired Results: B.1 By December 2026, the Town Council will receive and approve a development agreement to accomplish the community goals outlined in the West Lionshead Master Plan. (Creating community is a goal with the West Vail Master Plan. However, does this align better in Vibrant Vail Experience) B.2 By December 2029, parents/caregivers working in Vail needing childcare have access to affordable childcare located where they need it. B.3 By December 2031, Vail residents will experience an 820 unit increase in locally owned and occupied homes in residential neighborhoods, with construction beginning on the East Vail parcel by 2028. (Note 820 includes the 570 units being built now and 250 new homes in the next 5 years) B.4 By December 2027, the Town Council will make a decision regarding the development of a community-anchored recreation center. B.5 By February 2028, the Town of Vail will begin intentionally developing the next generation of leaders within our community. C. Strategic Priority - Protect Our Mountain Environment: The high alpine natural environment of Vail and the Gore Valley as whole makes the Town and Vail Mountain a truly magical place for the Vail community and our guests. Our future as a community and local economy is very much tied to how we care for and live in harmony with our natural environment. With climate change, Vail also must be resilient to the changes that affect our valley and surrounding region. Both reducing our impact on the natural environment while also being resilient to a change in the environment will be increasingly important in the future. Desired Results: C.1 By December 2027, Vail and its partners will have a cohesive wildlife/environmental management plan for the Gore Valley to continue to promote, protect and enhance our natural habitat. C.2 By December 2029, Gore Creek will meet the requirements to no longer be a 303(d) listed impaired waterway which would reduce near term risk of losing the gold medal fishery status. C.3 By December 2027, the Town Council will receive and approve a community resiliency plan including economic, environmental, wildfire and organizational resiliency, including evacuation and continuity of operations plans. C.4 By December 2030, the Town will achieve a 50% reduction in carbon emissions and by December 2050, the Town will achieve an 80% reduction in carbon emissions against the 2014 baseline. D. Strategic Priority – Ensure Good Governance: There is both the need and opportunity, while the Town is financing three large capital projects to focus on improving the efficiency and 95 7 effectiveness of its services, policies, and customer service. Given there is limited capacity for new capital projects, particularly while Timber Ridge is being completed and sold out, there is the need to solicit customer feedback at a Departmental level and identify areas of improvement in day-to-day operations. The Town has added sections and provisions to the Town Code particularly the land use and housing regulations so that the current land use code is challenging to understand and lacks clarity. The Town is committed to excellent customer service but there is the need to be able to define what excellent customer service means and how to measure it. Desired Results: D.1 By December 2027, the Town of Vail will simplify and streamline communications to ensure information is transparent and accessible to the community. D.2 By July 2027, to better serve the current and future needs of the community, the Town will experience a complete overhaul of land use, housing, and design codes. D.3 By December 2027, the community will experience a customer focused organization and culture through the development of customer-focused strategic departmental business plans. D.4 By December 2027, the Town will pursue and implement innovative financial strategies to ensure the viability of our community for the next 50 years and deliver best-in-class services. 5. NEXT STEPS Staff would propose approving this plan via resolution as a next step after the language for vision, mission, priority issues, and results are acceptable to the Town Council. Attached is an action plan to support the completion of the above-mentioned results (Attachment B – still being developed). This strategic plan is focused on the next 2 to 5 years. Moving forward, staff will provide quarterly updates on progress related to results. A dashboard is envisioned that will be on the Town’s website and used in updates. It is recommended that after a Council election (every two years) the Strategic Plan is reviewed and updated as necessary. Finally, staff will create business plans for each Town Department to ensure that the Council strategic results are effectively implemented, and the Town Manager, department heads, and individual staff members are aligned and accountable to achieve the results. The business plans for departments would also speak to the day-to-day services that Departments provide for their customers. Feedback from departmental customers will be solicited and used to develop goals and actions to ensure the highest level of customer service based on available resources. Attachment A: Trends and Feedback Considered Attachment B: Action Plan (not yet included in this draft) 96 8 ATTACHMENT A: TRENDS AND FEEDBACK INCORPORATED INTO PLAN I. BACKGROUND ON TRENDS CONSIDERED Staff synthesized the current state of implementation of existing strategic priorities, community survey information, previous discussions in the community and with Council, local, state-wide, and national trends and would acknowledge the following trends/issues for Council’s consideration: A. Big Three Capital Projects: With the Residences of Main Vail now complete, along with Timber Ridge Village and Southface Vail, the Town will have created 642 new homes for our community between the three projects. This new housing will provide homes totaling 1,021 bedrooms. In addition, the remodel of Dobson Arena is underway. The following is a summary of those three projects. • Timber Ridge Village: The Town is in the shoes of a developer, and we are actively managing risk in selling out Timber Ridge and then we will be leasing up Southface in two to three years. If Timber Ridge sells out the Town will recoup $38,614,769 of the $40,523,046 cash contribution it invested into the project and will have adequate resources to pay for the $25,449,948 million the Town has committed to purchasing homes in the project. • Southface Vail: Construction at Southface started in May 2025 and is expected to be completed in the Fall of 2028. There are a total of 268 units including studios, 1, and 2, bedrooms. The construction cost of this project is $164 Million. At the time this plan was prepared Southface is on time and budget. • Dobson Arena: Dobson is an approximately $55 million remodel of the 45-year- old Dobson ice rink. The project is being paid for from tax increment financing funds generated through the redevelopment of Lionshead. At the time this plan was written, this project is on budget and schedule. An operating agreement has now been executed between the Town of Vail and the Vail Recreation District. Dobson will be an important opportunity to continue to have incredible ice programs and increase our ability to have concerts, special events, and host large group events in conjunction with our lodging community. These three projects will continue to absorb significant staff and financial capacity for the next two years. They also will create new opportunities for addressing our housing challenges and improving economic vitality. This plan contemplates that significant resources continue to be committed to the completion of the above projects. Specifically, the Housing and Finance Departments will be actively managing the housing projects. The Public Works Director and Facilities Manager are managing construction and completion of the Dobson project, along with the Economic Development team’s involvement in curating the process around special events and corporate events at Dobson. Fortunately, we have the Cumming Group to help support project management for all three projects. B. Operational/Policy Enhancements: As we have experienced complex Special Development District (SDD) applications and closely examined our current housing policy, staff has concluded that our town code needs to be updated, clarified, in some places fixed to effectively implement the policies of the Town and provide improved 97 9 customer service. The Land Use Code and interconnected housing regulations are the best examples of where policy changes over time have created a hard-to-understand and inefficient policy structure. Examples of areas of specific change include: a SDD process that does not provide for an opportunity to examine and debate a conceptual plan from a developer (without the developer spending significant money on design). The housing code has four different sections interwoven into the land use code. It’s complex and hard to understand even for staff. There are also operational actions that need to be addressed. The good news is that the Town has invested in technology in the last year to fix a broken permit tracking system and better manage deed restrictions. However, to be a world class resort community the Town needs clear, effective municipal codes and operational tools to manage our complex land use and housing processes. Also, there is the opportunity and need for our departments to actively solicit feedback from customers, just like the Council did to create this strategic plan, to improve day-to- day operations and create Departmental business plans to ensure alignment to council priorities and improve the efficiency of day-to-day operations. C. Housing Strategy: The existing goal set in 2017 is to create 1000 additional homes for Vail employees. With the projects mentioned above and other projects the Town is now on track to create 850 of the 1000 new homes by 2027. Staff believe it is critical to complete the Timber Ridge and Southface projects in combination with redeveloping internal housing policy, processes and data before initiating any significant new housing projects. Staff and the Vail Local Housing Authority have begun working on this and an updated housing strategy is at Memo_2026_Housing_Strategies_SemiAnnualUpdate.pdf. D. Vibrancy and New, Younger Demographic: A trend we are continuing to see in Vail and other mountain resorts is ever-increasing commercial rents (which is counter to the national trend of decreasing commercial demand) which make unique, locally owned retail and food and beverage businesses less economically viable. In their place, we have seen more private clubs, ski lockers, and high end international/national retail stores. Of particular concern is the loss of food and beverage businesses that cater to locals and our employees. A notable exception to this trend is Avanti, which is a wonderful example of a creative food and beverage business that caters to both locals and guests. Another trend which is positive (but we need to be prepared for it) is with the new housing mentioned above, the Town may experience 800-1200 new residents. Some may certainly be relocating from free market units in Vail, but there will be a significant increase in employees and younger people living and working in Vail. This trend in the next 5 years requires the Town and the community to assess whether we have the services and amenities to support this new population. An example of an opportunity to address these trends is the Vail Public Library that is increasingly providing a diversity of programs and spaces for residents and employees to connect with each other, learn, have fun, and make new friends. We will need additional programs and facilities to address this positive trend resulting from the Town executing on its housing goals. A recreation or fitness facility has been discussed as a need. Staff would recommend that we update a recreation plan with the Vail Recreation District to evaluate the need for new recreational and community amenities. E. Value and Defining What a Premier Mtn. Resort Community Means Today: The Town’s longtime vision was to be the “premier mountain resort community in the world.” Historically, Vail could gauge its value to its customers by ratings in Ski Magazine. 98 10 When “Vail, Colorado” shows up in the most recent (last ~12 months) resort rankings, it generally lands top-tier but not #1. Vail is strong in “best overall destination” lists, a little lower in skier-survey performance lists, and punished in value/affordability lists. Across the two major “best resorts” lists where Vail is actually ranked recently, it sits between #6 and #12 (average #9) with excellent brand strength, while affordability- focused rankings flag it as expensive. After COVID and with the evolution of the Epic Pass, the Town of Vail now must market itself in both the winter and summer. We must also consider that the number of people skiing is not growing so we are facing increased competition for fewer skiers. The key leader in international growth is Mexico, which represents approximately 10% of our destination trips. As we review information on net promoter scores we are concerned about the perceived loyalty to Vail by our guest. • Summer NPS (likelihood to recommend) was 74 which exceeded both prior summer and prior winter. Detractors in summer see Vail as expensive, which leaves some feeling the overall value of the experience doesn’t justify the cost. • Winter NPS (likelihood to return) was 64, decreasing from 70.8 in winter 23/24. Guests perceived cost concerns as the biggest perceived barrier to future visitation. Staff would suggest that instead of chasing ratings in magazines that we focus on improving and enhancing our net promoter score and ensure that we are providing the very best experience we can to our guests. F. Aging Infrastructure: Vail is now 60 years old, and the Town has aging infrastructure nearing the end of its useful life. Dobson Arena was identified in the 2024 strategic plan as a facility that needed renovation and that is occurring. Town Hall is aging but recent capital investment in its HVAC system has provided another 5-10 years of life for the building. Currently the most significant capital need is continuing to maintain the Village and Lionshead parking structure. Arrive Vail has provided a concept of how to both address the infrastructure needs of the Village Parking structure, improve the guest arrival experience, and provide additional transit capacity current and future needs. The Civic Area may also provide opportunities for community gathering spaces and/or a municipal complex. G. Revenue: The Town has grown significantly in terms of programs, while also increasing the number of employees needed to support these expanded services. In addition, costs have increased substantially in terms of both operating and capital expenditures and the town has spent down reserves on major capital projects over the last several years. Additional revenue sources may need to be considered to support solutions for aging infrastructure, marketing Vail year-round, attracting, and retaining outstanding employees, aggressively competing as a resort, and providing an excellent level of customer service. H. Changing Climate: Ski seasons are becoming shorter, water availability will be more constrained, energy costs will rise, and we will see an increase in wildland fires and extreme weather. The 2025/2026 winter season was the worst snowpack recorded in Colorado. The Town will need to be increasingly resilient to address these trends and is 99 11 actively creating solutions in addressing its significant greenhouse gas emissions communitywide and in town operations. Core Transit provides an opportunity to reduce vehicle miles travelled (and the associated emissions) and the cost to employees to live and work in the Valley. Future mobility initiatives are also needed to achieve the town’s emissions and sustainability goals. The McKinstry/Geothermal project has the potential to be a groundbreaking project for renewable energy and provide a pathway for significantly reducing the Town carbon emissions for snow melt and to be more resilient in the future. In addition, the Town needs to develop and market non ski activities both in good and poor snow season to improve our economic resiliency. I. Redevelopment Opportunities: The Town of Vail and Vail Resorts have completed an update to the Lionshead Redevelopment Plan for West Lionshead. The demand for retail and commercial areas have evolved rapidly in the last five years, particularly after COVID. Maintaining a competitive resort community requires evaluating what our residents and guests need in the future for amenities and ensuring the Town has the highest quality built and natural environment. West Vail is a significant opportunity to create a retail and housing opportunity to meet the Town’s needs in the future. West Lionshead also could address parking on the Frontage Rd and improving skier drop off to a major portal. West Vail is also an opportunity to improve retail and food and beverage offerings for locals. This requires cooperation from property owners. Additional incentives may be needed to achieve the vision of the West Vail Master Plan – like the DDA that is being considered for West Lionshead. II. FEEDBACK AND ISSUES Staff compiled themes from the town’s most recent Vail Community Survey, last fielded in the spring of 2024, and post-visit guest surveys from winter 2024/2025 and summer 2025. Respondents were asked to rank their priorities for the town, with the top five including: 1. Creating a continuum of housing for locals, ranging from seasonal employees to retirees 2. Protecting wildlife habitat and restoring habitat connectivity 3. Improving the health of the Gore Creek Watershed 4. Increasing access to childcare for those who work in Vail, where workers want it 5. Creating and enhancing annual events that are consistent with Vail’s unique vibe (ex: GoPro Mountain Games, Bravo!) As part of both summer and winter post-visit guest surveys, overall affordability was of greatest concern, with parking as a factor affecting likelihood of returning to Vail and recommending Vail to others. For guests, parking is a pain point. Parking received the lowest satisfaction scores from all visitor groups at 3.3 overall last winter – this is consistent with the past three years. Nearly 1 in 5 open-ended comments called out parking specifically, with many asking for cheaper or more convenient options. Guests cite both cost and availability as concerns, especially with the introduction of summer paid parking and confusion over public versus private parking. Guests asked for lower rates, cheaper or validated options, clearer signage/shuttle loops and a simpler parking experience. Finally, in preparation for this strategic plan the Town’s facilitator and Town Staff conducted several focus groups including: 100 12 • Town residents • Young business leaders • Town staff and Directors • Business leaders in the Vail Economic Advisory Committee • Interviews with Town Council members and the Town Manager Notes from these focus groups were shared with the Town Council on February 19, 2026. 101 AGENDA ITEM NO. 7.3 Item Cover Page DATE:April 7, 2026 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 (3:30pm) SUBJECT:Council Matters and Status Update SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 260407 Matters.docx Future Topics.docx 102 COUNCIL MATTERS Status Report Report for April 7, 2026 Council Comments at March 17th meeting:  Town Council congratulated staff on an outstanding Community Meeting held on March 10!  Town Council acknowledged Public Works for a great job cleaning up I-70 median – early!  Council directed staff to look into sandwich board signs for local businesses.  Fantastic job on the CarShare kickoff! Important Dates______________________________________________________ Town Events May 8 Hard to Recycle Event May 28 Park City Leadership visit Municipal Partner Events June 22-25 Annual Colorado Municipal League (CML) Conference August 27-28 CAST -Meeting Carbondale Social Media Listening Sprout Listening link: https://share.sproutsocial.com/view/238b2e8a-4dfa-4668-8b2e- 8a4dfa466824 Perhaps unsurprisingly, the volume of posts peaked around John Summit: 103 Wall Street Journal also created social posts filmed at Gondola One to go along with their reporting around Vail Resorts' pass and ticket pricing model: YouTube Short X post Instagram In the News______________________________________________________ March 16 Improving Sheep Habitat https://www.vaildaily.com/news/vail-council-to-consider-partnership-with-cpw-on-bighorn-sheep- habitat-improvement-project/ March 17 Wildfire Partnerships https://www.vaildaily.com/news/eagle-county-puts-725000-in-tax-money-to-work-in-preventing- wildfires/ Timber Ridge https://www.vaildaily.com/news/with-timber-ridge-village-many-more-locals-are-calling-the-town- of-vail-home/ March 18 Improving Sheep Habitat https://www.vaildaily.com/news/vail-town-council-votes-to-partner-with-state-on-bighorn-sheep- habitat-project/ March 19 Dobson Operating Agreement https://www.vaildaily.com/news/town-of-vail-vail-rec-district-ink-operating-agreement-for- dobson-2-0/ 104 Zip Car Launch https://www.vaildaily.com/news/car-sharing-program-zipcar-rolls-into-vail-to-reduce-carbon- emissions-parking-demands/ March 25 Fourth of July https://www.vaildaily.com/news/looking-to-combat-july-4-juvenile-delinquency-vail-adds-another- independence-day-concert-to-annual-festivities/ March 30 Dowd Path Opens https://www.vaildaily.com/news/dowd-canyon-already-being-enjoyed-by-bikers-paddlers/ March 31 Contributions to Habitat at Timber Ridge https://www.vaildaily.com/news/eagle-county-affordable-housing-five-million-committed/ John Summit https://edm.com/events/inside-john-summit-experts-only-vail-weekender-2026/ 105 Future Topics, April/May 2026 TOPIC DEPARTMENT  VLHA Board interviews Housing  Timber Ridge site visit Housing  Joint Meeting with BOCC Town Manager  Joint Meeting with VLHA Council/Housing  Senior Scholarship Awards Council 106