HomeMy WebLinkAbout2014-0909 Meeting Minutes
Minutes
Vail Local Housing Authority (VLHA)
September 9, 2014 at 4:00 PM
Attending the meeting were Board members:Scott Ashburn
Steve Lindstrom
Mary McDougall
Absent:Craig Cohn
James Wilkins
Town staff attending the meeting:Nina Timm
Others attending the meeting:Karl Fauland
Steve Lindstrom called the meeting to order at 4:06 PM.
Staff presented Karl Fauland’s request to exchange his employee housing unit (EHU) at 1711 Geneva Drive for a fee in lieu payment to the Town of Vail pursuant to Section 12-13-5, Employee
Housing Unit Deed Restriction Exchange Program, Vail Town Code. In light of the proposed fee in lieu payment the Housing Authority members asked some questions about where the fee in
lieu payment goes and how it is spent. Staff clarified it is set aside in a dedicated fund to create new EHUs in Vail. Following the discussion, Scott made a motion to recommend approval
of the proposed exchange to the Vail Town Council. Mary seconded the motion. There was no further discussion and the motion passed unanimously.
Karl Fauland left the meeting.
Matt Mire provided the board with an update on the Lion’s Ridge Apartment documents the VLHA is a party to. Following review and changes by the equity investor’s attorneys the documents
are in substantially the same form as previously approved by the VLHA.
Steve made a motion to approve the minutes of the August 21, 2014 meeting. Mary seconded the motion. There was no discussion and the motion passed unanimously.
The next meeting will be scheduled based on the submittal of additional exchange requests.
There being no further business the meeting adjourned at 4:52 PM.
Respectfully Submitted,
_____________________
Nina Timm
INTRODUCED, READ, ADOPTED AND APPROVED this ______ day of ___________________, 2014.
Vail Local Housing Authority1