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HomeMy WebLinkAbout2017-02-14 VLHA Meeting Minutes Vail Local Housing Authority Meeting Minutes February 14, 2017 at 3:00 PM VLHA Attendees: Steve Lindstrom Absent: James Wilkins Mary McDougall Molly Murphy Town Staff: George Ruther, Community Development Director Lynne Campbell, Housing Coordinator Quorum VLHA called to order at 3:00 PM. I. Review and Approval 1/24/2016 Meeting Minutes Board approved with changes. II. Budget – Presenter Kathleen Halloran, Finance Director Tabled to February 28, 2017 III. Nexus Study – Presenter Chris Cares, RRC George Ruther reviewed the nexus study path and purpose. Purpose is to assess mitigation rate, update the existing study and provide information if Vail is on track or if not suggest any policy changes. Chris Cares reviewed where Vail began, how RRC got to today’s results along with the survey questions. RRC and Reese Consulting merged study results to include multiple years. 20 studies over 15 years and comparisons generated from peer resorts. The response rate was 130 of 800 surveys without all delivered. (16%) Vail Resorts responded through various departments which were Vail location specific and emphasis on retail and VVMC submitted a separate report. Increases found in Eat/Drink category with accommodations retaining similar results. Town of Vail Page 2 Board asked how VRBO could be figured in mix. RRC currently working with Finance regarding the 289 VRBO business licenses. Ruther stated current goal is to include commercial linkage fee updates while Town is adjusting traffic impact fees and says the Town is viewing VRBO as lost revenue versus lost housing. Cares would argue for a more aggressive formula. The Town of Vail is not getting anything from residential uses. Take away per Ruther residential uses as it relates to aggregate, can turn into major factor. Lindstrom see residential, VRBOs, service shuttles, private parking garages not represented. Cares to consider shuttles as part of report for category not represented. Lindstrom suggests looking at new land uses created since last report, special events are not a land use but employee increase and transportation like UBER. Cares will put residential back into nexus report. He recommends 2 levels of accommodations based on amenities. Next steps: Per Ruther want VLHA to review data and wants to time fee updates with global review of Town fees, i.e. AIPP, traffic impact, housing fee in lieu, parking fee in lieu and construction use tax. Board asked Cares to make observations and move forward. The study will be presented to PEC first to amend Town code section 10-11-12. IV. Deed Restriction Purchase Program FAQs Tabled to next meeting. V. EHU Guidelines Attorneys have provided updates for review. Purpose of updates is to change guidelines changing deed restrictions for legal purposes and ease of implementation, update and use for Chamonix and changes applied on Chamonix Vail will apply moving forward. VI. Chamonix Deed Restrictions Ruther asked if the Board wants to revisit owning other property. The Board is concerned prohibiting ownership of other property creates more risk selling units as it is difficult to verify. The goal is to provide housing for people working an average of 30 hour average per week. Town of Vail Page 3 Ruther is taking deed restriction back to council. Board wants to review ownership at meeting. They feel conflict regarding goals, ownership and risk. The Board and Ruther discussed the Chamonix Vail lottery moving from March 31st to March 17th. Moving the date up Council can be made away how many buyers applied. VII. Matterhorn Inn Purchase Follow Up Tabled to next meeting. VIII. Adjournment Motioned to adjourn Lindstrom, Murphy second. Meeting adjourned at 5:15 PM. IX. Next Meeting – February 28, 2017