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HomeMy WebLinkAbout2018-06-26 VLHA Meeting Agenda Vail Local Housing Authority TOWN OF VAIL Agenda Tuesday, June 26, 2018 Public Meeting 3:00 PM —5:00PM Housing Department Large Conference Room 75 South Frontage Road West, Vail, Colorado 81657 (Public Invited) MEMBERS PRESENT MEMBERS ABSENT Steve Lindstrom Mary McDougall Molly Morales Francisco Meza James Wilkins Staff George Ruther Lynne Campbell 1. Review and Approve June 12, 2018 Meeting Results 5 Min. 2. Resolution No. 12 Series of 2018, Second Amendment to the Development Agreement between the Town of Vail, the Vail Local Housing Authority and Sonnenalp Properties, Inc. 5 Min. 3. Employee Housing Unit Deed Restriction Exchange Request located at 44 Vail Road Unit 3/ 44 Willow Place 10 Min. 4. Housing Policies 45 Min. 5. Lionshead Temporary Housing Proposal 20 Min. 6. 6 West Deed Restriction Acquisition Recommendation 20 Min. 7. VLHA Webpage Development 5 Min. 8. C.R.S. §24-6-402(4) (a) (e) - to discuss the purchase, acquisition, lease, transfer, or sale of property interests and to determine positions, develop a strategy and instruct negotiators, regarding: submitted Vail InDEED applications and program details. 10 Min. Adjournment at 5:00 PM Next Meeting —July 10, 2018 Future Agenda Items: • Long Term Funding Source • Housing Data • 2019 Budget • Update Economic Value of Housing • VLHA Business Plan Discussion Page 1 Future Agenda Items Continued: • East Vail Parcel Update • Open Lands Plan Discussion • West Vail Master Plan Discussion Page 2 Vail Local Housing Authority TOWN OF VAIL Agenda Tuesday, June 12, 2018 Regular Meeting 3:00 PM —5:00PM Housing Department Large Conference Room 75 South Frontage Road West, Vail, Colorado 81657 (Public Invited) MEMBERS PRESENT MEMBERS ABSENT Steve Lindstrom Mary McDougall Molly Morales Francisco Meza James Wilkins Staff George Ruther Lynne Campbell Lindstrom called the meeting to order at 3:15PM. All members are present. The Board reviewed and approved the May 30, 2018 meeting results. MOTION: Morales SECOND: McDougall VOTE: 3-0-2 (Wilkins, Meza abstained) McDougall and Ruther reviewed the Council meeting discussion regarding lottery resale applicants. Conclusion by Council was an owner of existing residential property may enter, upon winning a deed restricted home they need to deed restriction existing home upon Council approval or sell. The Town, however, will not purchase the deed restriction The Board discussed Employee Housing Unit Deed Restriction Exchange Requests. 44 Willow Place Unit 3 /44 Vail Road Unit 3 is a noncompliant underperforming restriction and is going through a major remodel removing the EHU. The owner proposes exchanging the unit and were provided a Vail InDEED applicant's contact information to work toward agreement. The Vail InDEED home has excess square footage for what needs to be met with the exchange. The proposal by Kyle Webb is to use the excess square footage toward meeting the exchange request for Lot 39-1 Glen Lyon/1170 Westhaven Lane. Staff having presented at the prior meeting Morales summarized the exchange for the Board. Ruther asked the Board to consider the "noncompliant EHU" and deemed this type unit as an "underperforming unit" as it is not rented. Ruther there won't be any net loss of deed restriction. The Board agrees to the request for 3 times the equivalent replacement upon property identification at which time a formal recommendation to Council will be made. Page 1 1875 West Gore Creek Drive was discussed for exchange. The owners of the Type I would like to exchange for 2:1. They are looking at a replacement property in East Vail. The home needs to comply with zoning and GRFA. Ruther has asked the planners to look into confirming the existing GRFA. The obligation is to have a deed restriction unit. Ruther said the housing policy discussion scheduled for June 19th has been moved to the July 3rd Council meeting. Instead, the housing resale lottery administrative procedures will be heard at the June 19th. Ruther reviewed a housing lottery flow chart the Town is putting into place. Ruther asked the Board for their thoughts on reasonable amount of time for the process. The Town has a standard for the transaction. Per Ruther the lottery basically remains the same except the tickets system replaces tiered lottery and individual sales vs. master list. The Board and staff reviewed how a resale usually is handled and options to update the process. Ruther indicated the for-sale properties included in the process are Vail Commons, Red Sandstone Creek, North Trail Townhomes, Arosa Duplex and Chamonix Vail. Discussion ensued and the outcome was: Lottery Resale Timelines: 2 business days from calculation to advertising 7 business days from ad to open houses 2 business days from open house to application due 5 days from app due to publish qualified buyer 2 days to qualified buyer to lottery 18 Total business days from seller notice to lottery Morales questioned whether there is enough time for the buyer to get their qualification materials together for the application. Staff will create calendar and review seeking to understand if there are any gaps. The summary will be inserted to the Resale Housing Lottery Administrative Procedures to be presented on June 19th Morales motioned to enter Executive Session per C.R.S. §24-6-402(4)(a)(e) - to discuss the purchase, acquisition, lease, transfer or sale of real, personal or other property interests; and to determine positions, develop a strategy and instruct negotiators, regarding: Vail InDEED applications and deed restrictions. MOTION: Morales SECOND: Wilkins VOTE: 5-0 Wilkins motioned to exit the executive session and reenter the regular meeting. MOTION: Wilkins SECOND: McDougall VOTE: 5-0 Back into the regular meeting, in attendance all board members, staff, Ruther and Campbell. There was no action from executive session. Page 2 Wilkins motioned to adjourn the meeting at 5:15 PM. MOTION: Wilkins SECOND: Meza VOTE: 5-0 Next Meeting — June 26, 2018 Future Agenda Items: • Housing Policies • VLHA Business Plan • Long Term Funding Source • East Vail Parcel Update • 2019 Budget • Open Lands Plan Discussion • Update Economic Value of Housing • West Vail Master Plan Discussion Discussion • Housing Data Page 3 RESOLUTION NO. 12 Series of 2018 VAIL LOCAL HOUSING AUTHORITY A RESOLUTION APPROVING THE SECOND AMENDMENT TO THE DEVELOPMENT AGREEMENT BETWEEN THE TOWN OF VAIL, THE VAIL LOCAL HOUSING AUTHORITY AND SONNENALP PROPERTIES, INC.; AND SETTING FORTH DETAILS IN REGARD THERETO. WHEREAS, the Town of Vail (the "Town"), in the County of Eagle and State of Colorado is a home rule municipal corporation duly organized and existing under the laws of the State of Colorado and the Town Charter (the "Charter"); WHEREAS, the members of the Vail Local Housing Authority (the "VLHA") have been duly elected and qualified; WHEREAS, Sonnenalp Properties Inc. (the "Developer") is the owner of certain real property with a physical address of 501 North Frontage Road West, Vail, CO 81658 (the "Property"); WHEREAS, the Developer plans to redevelop the Property for rental employee housing (the "Development"); WHEREAS, the Town and the Developer are parties to a certain Development Agreement, dated October 25, 2017 (the "Agreement"); and WHEREAS, the Town and the Developer wish to modify the Agreement with regard to the number of units which must be occupied by at least one Qualified Resident who is employed within the Town's boundaries, but not employed by the Master Lessee (the "Second Amendment to the Development Agreement"). NOW THEREFORE, BE IT RESOLVED BY THE VAIL LOCAL HOUSING AUTHORITY THAT: 1. The Second Amendment to Development Agreement is hereby approved in substantially the same form attached hereto as Exhibit A and in a form approved by the Town Attorney, and the Town Manager is hereby authorized to execute the Agreement on behalf of the Town. 2. This resolution shall take effect immediately upon its passage. INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Vail Local Housing Authority of the Town of Vail held this 26th day of June, 2018. Steve Lindstrom, Vail Local Housing Authority Chairman Town of Vail, Colorado Resolution No. 12, Series of 2018 ATTEST: Lynne Campbell Town of Vail Housing Coordinator Resolution No. 12, Series of 2018 SECOND AMENDMENT TO DEVELOPMENT AGREEMENT THIS SECOND AMENDMENT TO DEVELOPMENT AGREEMENT (the "Second Amendment") is made this day of , 2018 (the "Effective Date"), by and among the Town of Vail, Colorado, a Colorado home rule municipality with an address of 75 South Frontage Road, Vail, Colorado 81657 (the "Town"), the Vail Local Housing Authority, a local housing authority with an address of 75 South Frontage Road, Vail, Colorado 81657 (the "VLHA"), and Sonnenalp Properties, Inc. a Colorado corporation with an address of 20 Vail Rd., Vail, CO 81657 ("Developer") (each individually a "Party" and collectively the "Parties"). WHEREAS, the Parties entered into a Development Agreement dated October 25, 2017 (the "Agreement"); WHEREAS, the Parties entered into an Amendment to Development Agreement dated (the "Amendment"); and WHEREAS, the Parties wish to amend the Agreement as set forth in this Second Amendment. NOW, THEREFORE, for and in consideration of the mutual promises and covenants contained herein, the sufficiency of which is mutually acknowledged, the Parties agree as follows: 1. Section 7.a. of Exhibit B (the "Solar Vail Apartment Homes Rental Guidelines") of Exhibit A ("Deed Restriction for the Occupancy of Solar Vail Apartment Homes") of the Agreement is hereby amended to read as follows: 7. Occupancy of Restricted Units. a. At all times, 10 studio apartment Units and 7 one-bedroom apartment Units (collectively, the "Restricted Units") shall be occupied by a Qualified Household that includes at least one Qualified Resident who is employed within the Town's boundaries, but not employed by the Master Lessee. 2. The remainder of the Agreement, including all Exhibits, shall remain unchanged and in full force and effect. 6/14/2018 Q:IUSERSIVAILISOLAR VAILIAGRIDA AMEND-A011118.DOCX WHEREFORE, the Parties have executed this Agreement as of the Effective Date. TOWN OF VAIL, COLORADO Greg Clifton, Town Manager ATTEST: Patty McKenney, Town Clerk VAIL LOCAL HOUSING AUTHORITY Steve Lindstrom, Chair ATTEST: Secretary DEVELOPER STATE OF ) ) ss. COUNTY OF ) The foregoing instrument was subscribed, sworn to, and acknowledged before me this day of , 2018, by My commission expires: (S E A L) Notary Public 2 6/14/2018 Q:IUSERSIVAILISOLAR VAILIAGRIDA AMEND-A011118.DOCX (° TOWN OF VAI5 Memorandum To: Vail Local Housing Authority From: Housing Department Date: June 26, 2018 Subject: A request for a recommendation to the Vail Town Council for the release of a deed restriction from an existing employee housing unit located at 44 Vail Road Unit 3 (exchange EHU) in exchange for the placement of an employee housing deed restriction on Vail Village Filing 13, Block 2, Lot 23 W/2395 Bald Mountain Road Unit W. (proposed EHU) pursuant to Section 12-13-5 Employee Housing Unit Deed Restriction Exchange Program, Vail Town Code, and setting forth details in regard thereto. Applicant: Alejandro Gonzalez Cimadevilla, represented by K.H. Webb Housing Coordinator: Lynne Campbell DESCRIPTION OF REQUEST The applicant Alejandro Gonzalez Cimadevilla, is proposing to exchange a deed restriction from an existing 489 square foot employee housing unit located at 44 Willow Place Unit 3/44 Vail Road Unit 3 for a 2,087 square foot unit located at Vail Village Filing 13, Block 2, Lot 23 W/2395 Bald Mountain Road Unit W. II. REVIEW CRITERIA Before acting on an employee housing deed restriction exchange application, the Vail Local Housing Authority and Vail Town Council shall consider the following criteria with respect to the application: 1. The exchange EHU shall not be part of any employee housing project developed or deed restricted (in part or in whole) by the town of Vail. The exchange EHU shall not be part of any on site employee housing mitigation required by inclusionary zoning, commercial linkage, or as part of an approved development plan. The exchange Type Ill EHU was built in 1994 and recorded in May 1995 using common area gross residential square footage. Each of the 3 condominiums at 44 Willow Place contains an EHU. All are required to submit an annual affidavit indicating if the unit is rented and are not required to rent. The EHU is not part of any employee housing project developed or deed restricted nor is it part of any required mitigation. Therefore, Staff believes the proposed EHU conforms to this criterion. 2. The exchange EHU shall not be part of any on site employee housing mitigation required by inclusionary zoning, commercial linkage, or as part of an approved development plan. The exchange EHU was built as part of the original construction of 3 condominiums using common area to add an EHU in each of the 3 condominiums. The EHU is not part of an approved development plan. Therefore, staff believes this exchange EHU complies with the applicable requirements. 3. The property that includes the exchange EHU shall comply with the prescribed development standards (density controls including GRFA and number of units, site coverage, landscaping and parking requirements, etc.), as outlined in the applicable zone district section of this title, upon exchange of the deed restrictions. The exchange EHU is zoned High Density Multiple-Family and contains two residential units. Per Town Code Section 12-6H-2: PERMITTED USES employee housing units are an allowed use. This requirement is related to the incentives offered in some circumstances related to Employee Unit Type and zone district designation. These incentives allow deviations to certain development standards. Unit 3 of 44 Willow Place did not take advantage of any incentives affecting development standards. At this time, the 44 Willow Place development complies with prescribed development standards of the High Density Multiple Family District and meets the required criteria related to participation in the exchange program. 4. The proposed EHU(s) shall be within a homeowners' association that does not preclude deed restricted units, does not have a right of first refusal, does not have right to approve the sale or the sale contract, or have any other requirements deemed to be similarly restrictive by the administrator. The proposed EHU is not located within a homeowners association containing any restrictions and therefore staff believes this proposed EHU complies with the criteria. 5. The proposed EHU shall comply with the minimum size requirements shown in table 13-2 of this section. If the exchange EHU is outside of the commercial job core and the proposed EHU(s) is outside of the commercial job core, the gross residential floor area (GRFA) of the proposed EHU(s) shall be a minimum of two (2) times the gross residential floor area (GRFA) of the exchange EHU. The exchange EHU is located within the commercial job core area. Therefore the proposed EHU shall meet the criteria listed below as noted in Town Code 12-13-5 Section 3, Exchange Rate For Proposed EHUs: 3b. If the exchange EHU is within the commercial job core and the proposed EHU(s) is outside of the commercial job core, the gross residential floor area (GRFA) of the proposed EHU(s) shall be a minimum of three (3) times the gross residential floor area (GRFA) of the exchange EHU. The proposed EHU is located outside the commercial job core it and contains 2,087 exceeding the minimum required square feet of 1,467, thereby meeting the proposed EHU criteria. Town of Vail Page 2 TABLE 13-2 MINIMUM SIZE OF PROPOSED EHUs Type Of Unit Minimum Size (GRFA) Studio 438 square feet 1 bedroom 613 square feet 2 bedroom 788 square feet 3+ bedrooms 1,225 square feet uuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu1u�1 6. The proposed EHU shall contain a kitchen facility or kitchenette and a bathroom. The proposed EHU contains a full kitchen facility and therefore meets the criteria. 7. The property on which the proposed EHU is located shall comply with chapter 10, "Off Street Parking And Loading", of this title. The proposed EHU contains 1 garage parking space and 4 surface parking spots and complies with chapter 10. 7. The proposed EHU shall have its own entrance. There shall be no interior access from the proposed EHU to any dwelling unit to which it may be attached. The proposed EHU enters into a 3 bedroom 2.5 bathroom duplex single family residence. Staff has confirmed this meets the proposed criteria. III. ATTACHMENTS Owner's Request, represented by K.H. Webb Architect Town of Vail Page 3 5.21.18 revised Vail Local Housing Authority Attn:George Ruther 75 S. Frontage Road Vail,Colorado 81657 Re: EHU Exchanges for 44 Willow Place, Unit 3 and 1 170 Westhaven Drive Dear VLHA Board Members, Thank you for your assistance in these matters and the urgency in resolving the EHU exchange at 44 Willow Place, Unit 3! As George and I have discussed in recent weeks,we are looking for creative and affordable solutions to remove the EHU's from both of these properties in Vail as well as provide valid and 100%occupied EHU's in the Town of Vail. As you may know both of my clients purchased these properties with the requirements for EHU's already on them. 44 Willow Place was purchased by Alejandro Gonzalez Cimadevilla in the fall of 2015 with a previously never occupied and invalid EHU in place. As we proceeded with a fully TOV approved and Permitted renovation of the property that is now in its final phases,we realized the EHU mandate of the property and its lack of functional nature. We are now in process of purchasing a EHU Deed Restriction on another property in Vail to do a 3 to I exchange for 489sf or 1,467sf. At the moment,the property we are pursuing is +/- 2,100sf and we propose to Deed Restrict the entire amount but enable our client to transfer the excess square footage to remove another Deed Restriction for an un-built home at 1 170 Westhaven Drive,that is in the early stages of design. That property has a requirement for a Type 111/500sf EHU and we also propose a 2 to I Exchange for 1,000sf. To complete the exchange at that property,we will purchase a deed restriction on another property that is at least 367sf so there will be no loss in units or square footages in the Town of Vail. The Westhaven proposal is a bit more complex and will require an SDD Amendment,we will retain Dominic Mauriello to aid in the approval process also. At this point,we still need to finalize details and bank approvals with the seller of the Deed Restriction but are looking for the VLHA to approve this proposal so we may continue forward in an expeditious manner to resolve these matters. We look forward to your assistance with this matter! Sincerely, IOW Kyle H. Webb, AIA K.H. WEBB ARCHITECTS P.C. CC: Alejandro Gonzalez Cimadevilla Rick Travers Esq. Wear Travers and Perkins Ignacio Torras Greg Perkins Esq. Wear Travers and Perkins Chris Neubecker, Planning Manager Matt Mire, Town Attorney Dominic Mauriello, MPG /la WI.S1 Iluldslilill IIN,IIfii '11111'. 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