HomeMy WebLinkAbout2018-06-12 VLHA Meeting Results
Vail Local Housing Authority
Meeting Results
Tuesday, June 12,2018
RegularMeeting
3:00 PM–5:00PM
Housing Department
Large Conference Room
75 South Frontage RoadWest, Vail, Colorado 81657
(Public Invited)
MEMBERS PRESENTMEMBERS ABSENT
Steve Lindstrom
Mary McDougall
Molly Morales
Francisco Meza
James Wilkins
Staff
George Ruther
Lynne Campbell
Lindstrom called the meetingto order at 3:15PM. All members present.
TheBoard reviewedand approved the May30, 2018 meeting results.
MOTION: MoralesSECOND: McDougallVOTE: 3-0-2 (Wilkins, Meza abstained)
McDougall and Ruther reviewed the Council meeting discussionregardinglottery resale applicants.
Conclusion by Council was an ownerof existing residential propertymay enter, upon winning a deed-
restricted home they need to deed restrict the existing home upon Council approval or sell. The Town,
however, will not purchase the deed restriction.
The Board discussedEmployee Housing Unit Deed Restriction Exchange Requests.44 Willow Place
Unit 3/44Vail Road Unit 3 is a noncompliant underperforming restriction and is going through a major
remodel removing the EHU. Theownerand their representative Kyle Webb are proposingto exchange
the unit.
Staff having presented at the prior meeting,Morales summarized the exchange forthe Board.
Ruther asked the Board toconsider the “noncompliant EHU” and deemed this type unit as an
“underperforming unit”as it is not required to be rented. Ruther stated there would not be anet loss of
deed restrictions.
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.
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1875West Gore Creek Drivewas 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 tocomply
with zoning and GRFA. Rutherhas asked the planners to look into confirming the existing GRFA. The
obligation is to have a deed restrictedunit.
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Ruther said the housing policy discussion scheduled for June 19has been moved to the July 3
Council meeting. Instead,the housingresale lottery administrative procedures will be heard onJune
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19.
Ruther reviewed a housing lottery flow chart the Town is putting into place. Ruther asked the Board for
their thoughts on 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 theprocessare Vail Commons, Red Sandstone
Creek, NorthTrail Townhomes, Arosa Duplexand Chamonix Vail.
Discussion ensued and the outcome was:
Lottery Resale Timelines:
2business days from calculation to advertising
7business days from ad to open houses
2business days from open house to application due
5days from app due to publish qualified buyer
2days to qualified buyer to lottery
18Total business days from seller notice to lottery
Morales questioned whether there isenough time for the buyer to get their qualification materials
together for the application.
Staff will create calendar and review to understand if there are any gaps.
The summary will be inserted to the Resale Housing Lottery Administrative Procedures to be presented
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on June 19.
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: MoralesSECOND: WilkinsVOTE: 5-0
Wilkinsmotioned to exit the executive session and reenter the regular meeting.
MOTION: WilkinsSECOND: McDougallVOTE:5-0
Back into the regular meeting, in attendance all board members, staff, Ruther and Campbell. There was
no action from executive session.
Wilkins motioned to adjournthe meeting at 5:15PM.
MOTION: WilkinsSECOND: MezaVOTE:5-0
Next Meeting –June 26,2018
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Future Agenda Items:
Housing PoliciesVLHA Business Plan
Long Term Funding SourceEast Vail Parcel Update
2019 BudgetOpen Lands Plan Discussion
Update Economic Value of HousingWest Vail Master Plan Discussion
Discussion
Housing Data
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