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Home My WebLink About2018-08-28 VLHA Meeting Agenda Vail Local Housing AuthorityAgenda Tuesday, August 28,2018 Regular Meeting Public Meeting 3:00 PM –5:00PM Housing Department Large Conference Room 75 South Frontage Road West, Vail, Colorado 81657 MEMBERS PRESENTMEMBERS ABSENT Steve Lindstrom Mary McDougall Molly Morales Francisco Meza James Wilkins Staff George Ruther Lynne Campbell 1.Review and Approve August 14, 2018Meeting Results5 Min. 2.Resolution No. 15, Series of 2018 a Resolution Approving thePurchase of a Deed Restriction Interest in Property TypeIII Deed Restriction) in the Town of Vail Legally Described as Lot2 Merco Townhouses, Eagle County, Colorado with a Physical Address of 2992 Bellflower Drive Unit A, Vail Colorado; Subject to Ratification by the Vail Town Council: and Setting Forth Details in Regard Thereto.5 Min. 3.Proposed Text Amendment to Type III Deed Restriction Square Footage Increase15 Min. 4.6 West Vail InDEED Recommendation15 Min. 5.Update Economic Value of Housing –BBC & Research Consulting Proposal15 Min. 6.Long Term Funding Source –David Cunningham Meeting Update15 Min. 7.Executive Session per 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 8.instruct negotiators, regarding: submitted Vail InDEED applications and program details.60Min. Adjournment at 5:00PM Next Meeting –September 11, 2018 Future Agenda Items: 2019 BudgetHousing Data VLHA AgendaAugust 28, 2018 Open Lands Plan DiscussionWest Vail Master Plan Discussion East Vail Parcel Update VLHA AgendaAugust 28, 2018 Vail Local Housing Authority Meeting Results Tuesday, August 14,2018 Regular Meeting Public Meeting 3:00 PM –5:00PM Housing Department Large Conference Room 75 South Frontage Road West, Vail, Colorado 81657 MEMBERS PRESENTMEMBERS ABSENT Steve LindstromMary McDougall Molly Morales Francisco Meza James Wilkins Staff George Ruther Lynne Campbell Lindstrom called the meeting to order at 3:10 PM. All present except McDougall along with staff Ruther and Campbell. 1.Review and Approve July 24, 2018Meeting Results Board approved results as presented. MOTION: WilkinsSECOND:MezaVOTE: 4-0 2.Resolution Number 13, Series of 2018 a Resolution Approving the Purchase of a Deed Restriction Interest in Property (Type III Deed Restriction) In the Town of Vail Legally Described as Vail East Townhouse Condos Unit 6, Eagle County, Colorado with a Physical Address of 5020 Main Gore Place Unit 6, Vail, Colorado; Subject to Ratification by the Vail Town Council; and Setting Forth Details in Regard Thereto. Wilkins made a motion to approve Resolution 13, series 2018 on the condition of receipt of the signed deed restriction documents. MOTION: WilkinsSECOND: MoralesVOTE: 4-0 3.Resolution Number 14, Series of 2018 a Resolution Approving the Purchase of a Deed Restriction Interest in Property (Type III Deed Restriction) In the Town of Vail Legally Described as Townhouse Site No. 3 Being a Part of Lot 10, Block G, Vail Das Schone, FilingNo. 2 (part of Alpen Chalets Townhouse Building 2 Unit 3), Eagle County, Colorado with a Physical Address of 2388 Garmisch Drive Unit 3-B2, Vail, Colorado; Subject to Ratification bythe Vail Town Council; and Setting Forth Details in Regard Thereto. Page 1 Wilkins made a motion to approve Resolution 14, series 2018 on the condition of receipt of the signed deed restriction documents. MOTION: WilkinsSECOND: MoralesVOTE: 4-0 4.Housing Now Conference Attendance Meza, Linstrom and Wilkins are interested in attending, Morales is unable. Campbell will follow up with McDougall and book reservations for the conference. 5.Long Term Funding -Ballot Tax David Cunningham Ruther and Morales reviewed comments from the subcommittee meeting. VLHA needs to discuss and contract with a resource to assist crafting ballot language, determine groups who support or oppose initiative, establish a ballot initiative committee,obtain legaladvice, and determinewhat is financial need and for what purpose. Ruther statedthe need forsite feasibility workandto evaluate reallocation of existing funding resources within the Townin the 2019 budget. The Board needs a visual showing where housing funding is in the pie. Per Ruther there is a need for brandingforthe housing authority, i.e. who is thespokesperson, drafts articles/write ups, etc. to support and promote the housing cause. Housing Subcommittee suggested the needto change VLHA name. Discussion ensued who should serve on the ballot initiative committee. Lindstrom asked board to communicate parties who should be added to the contact list. Staff will create a google docfor members to share data. 6.Moralesmotioned to exit the regular meeting and enter an Executive Session per C.R.S. §24- 402(4)(a)(e) -to discuss the purchase, acquisition, lease, transfer, or sale of property interests and to determine positions, develop a strategy andinstruct negotiators, regarding: submitted Vail InDEED applications and program details. MOTION: MoralesSECOND:WilkinsVOTE:4-0 Moralesmotioned to reenter the regular meeting. Present are Lindstrom, Morales, Meza, Ruther and Campbell. Wilkins departed during executive session at 4:40PM. MOTION:MoralesSECOND:MezaVOTE:3-0 (Wilkins departed at 4:40PM) Future items: th Vail InDEED stats will be presented to Town Councilat the September 18meeting Staffhad a request to exchange an existing deed restriction from a less restrictive to more for funding, i.e. change language from “if”to “shall”occupy; goal to clean updeed restriction language BBC is working to provide proposal to update the former report Morales motioned to adjournthe meeting at 5:00PM. MOTION: MoralesSECOND:MezaVOTE:3-0 Next Meeting –August 28, 2018Wilkins out this meeting Future Agenda Items: Page 2 Long Term Funding SourceVLHA Business Plan 2019 BudgetEast Vail Parcel Update Housing DataOpen Lands Plan Discussion Update Economic Value of Housing West Vail Master Plan Discussion Discussion Page 3 RESOLUTION NO.15 Series of 2018 RESOLUTION APPROVING THE PURCHASE OF A DEED RESTRICTION INTEREST IN PROPERTY (TYPE III DEED RESTRICTION) IN THE TOWN OF VAIL LEGALLY DESCRIBED ASLOT 2 MERCO TOWNHOUSES, EAGLE COUNTY, COLORADO WITH A PHYSICAL ADDRESS OF2992 BELLFLOWER DRIVE UNIT A, VAIL COLORADO; SUBJECT TO RATIFICATION BY THE VAIL TOWN COUNCIL; AND SETTING FORTH DETAILS IN REGARD THERETO. WHEREAS, the Vail Local Housing Authority (the “Authority”), in the Town of Vail, County of Eagleand State of Colorado is dulyorganized and existing under the laws of the State of Colorado; and WHEREAS, the members of the Authority have been duly appointed and qualified; and WHEREAS, the Authority considers it in the interest of the public health, safety and welfare to purchase a Type III Deed Restriction (the “Deed Restriction”) on the property legally described asLot 2 Merco Townhouses,Eagle County, Coloradowith a physical address of 2992 Bellflower Drive Unit A, Vail Colorado(the “Property”); and NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO THAT: 1.The purchase ofthe Deed Restrictionon the Property is hereby approved by the Authorityat themaximum purchase price of$123,500. 2.The Chairman of the Vail Local Housing Authorityis hereby authorized to execute, on behalf of the Town, an agreement to purchase the Deed Restrictionand to take whatever steps are necessary tocomplete the purchase of the Deed Restrictionon the Property. 3.This resolution shall take effect immediately upon its passage. INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Vail Local Housing AuthorityTown of Vail held this28 day ofAugust,2018. Steve Lindstrom, Chairman of the Vail Local Housing Authority ATTEST: Lynne Campbell, Secretary of the Vail Local Housing Authority Resolution No. 15,Series of 2018 FDPOPNJD Mfbsojoh!mfbet!up!Qsptqfsjuz JNQBDUT Over the past decade, MPDBM program completions in economic impact FDPOPNJD at EGTC generated for the Denver $ the capacity for... metro area jnqbdu Total Gains Annual Earnings GainsYears in the 2006-2016 of EGTC GraduatesWorkforce 1$43 MM x = 2$75 MM x = 3$93MM x = 4$135 MM x = 5$147 MM x = 6$176 MM x = 7$255 MM x = 8$264 MM x = 9$304 MM x = 10$349 MM x = Increased Labor Income: $1.84 billion Through increased Secondary Eect: $0.34 billion + labor income and the associated increase in economic activity Total 10-year Impact: $2.2 billion o!bwfsbhf!!!!!!!!!!!!! MPDBM for every $1 of state %2 investment in EGTC...the local economy $21 FDPOPNJD for every $1 invested by annual earning %2 an individual student...potential $8 sfuvso FDPOPNJD Learning leads to Prosperity JNQBDUT Over the past decade, program MPDBM billion completions at EGTC generated in economic impact for the the capacity for... $ Denver metro area FDPOPNJD 2.2 On average… JNQBDU for every $1 of state %2 Through increased investment in EGTC...the local economy $10 labor income and the for every $1 invested by annual earning associated increase in %2 an individual student...potential $7 economic activity ALL STUDENTS LEAVE EGTC DEBT FREE Tuvefou jnqbdu ESTHETICIANPROFESSIONAL BAKING AND DESIGN POTENTIAL POTENTIAL dbsffs!qbui! INDUSTRIESINDUSTRIES Fybnqmf! Beauty SalonsCatering Dpmmfhf!pg! CosmeticsCruise Ships Dsfbujwf!Bsut! SpasHotels Plastic SurgeryResorts boe!Eftjho Restaurants Completing a program at EGTC can lead to further COST: $3,448 COST: $2,148 opportunities and greater earning potential SALARY POTENTIAL: SALARY POTENTIAL: $17,200 - $52,900 $17,900- $43,100 dptu 0 CFOFGJU!PG!FHUD!Dsfbujwf!qsphsbnt Video Production BarberingCosmetologyCulinary ArtsEvent Planningand Editing Program Length:Program Length:Program Length:Program Length:Program Length: Cost: $6,580Cost: $8,752Cost: $7,660Cost: $5,034Cost: $4,625 Salary RangeSalary Range:Salary Range:Salary Range:Salary Range: $18,000 - $60,900$17,400 - $53,400$18,000 - $31,300$23,800 - $74,300$26,100 - $90,700 FDPOPNJD Learning leads to Prosperity JNQBDUT Over the past decade, program MPDBM billion completions at EGTC generated in economic impact for the the capacity for... $ Denver metro area FDPOPNJD 2.2 On average… JNQBDU for every $1 of state %2 Through increased investment in EGTC...the local economy $10 labor income and the for every $1 invested by annual earning associated increase in %2 an individual student...potential $7 economic activity ALL STUDENTS LEAVE EGTC DEBT FREE Tuvefou jnqbdu CNAs can LPNs can become...become... dbsffs!qbui! Fybnqmf! CERTIFIED LICENSED REGISTERED PRACTICAL NURSING Dpmmfhf!pg!Ifbmui! NURSE NURSE tdjfodft!boe! ASSISTANT Benjojtusbujpo Nurse Assisting at EGTC COST: $8,899 COST: $670 can lead to further opportunities and greater SALARY POTENTIAL:SALARY POTENTIAL:SALARY POTENTIAL: earning potential $22,460 - $36,960$36,900 - $58,340$47,000 - $79,000 dptu 0 CFOFGJU!PG!FHUD!nfejdbm!qsphsbnt Medical ClericalMedical AssistingPharmacy TechnicianPhlebotomyPractical Nursing Program Length:Program Length:Program Length:Program Length:Program Length: Cost: $5,643Cost: $5,031Cost: $3,983Cost: $820Cost: $8,899 Salary RangeSalary Range:Salary Range:Salary Range:Salary Range: $24,520 - $45,940$24,900 - $43,000$24,100 - $44,360$26,560 - $46,340$36,900 - $58,340 FDPOPNJD Learning leads to Prosperity JNQBDUT Over the past decade, program MPDBM billion completions at EGTC generated in economic impact for the the capacity for... $ Denver metro area FDPOPNJD 2.2 On average… JNQBDU for every $1 of state %2 Through increased investment in EGTC...the local economy $10 labor income and the for every $1 invested by annual earning associated increase in %2 an individual student...potential $7 economic activity ALL STUDENTS LEAVE EGTC DEBT FREE Tuvefou jnqbdu COMPUTER NETWORKINGAUTOMOTIVE SERVICE POTENTIAL POTENTIAL dbsffs!qbui! INDUSTRIESINDUSTRIES Fybnqmft! BanksAuto dealerships Dpmmfhf!pg! GovernmentCar leasing Usbeft-!Joevtusz! HospitalsAuto repair shops CorporationsFleet maintenance boe!Qspgfttjpobm! Schools Tuvejft Completing a program at COST: $5,461 COST: $7,721 EGTC can lead to further opportunities and greater SALARY POTENTIAL: SALARY POTENTIAL: earning potential $40,000 - $103,200 $21,400- $70,600 dptu 0 CFOFGJU!PG!FHUD!Usbeft!qsphsbnt AccountingAutomotiveHVAC/Real Estate TechnicianCollision RepairRefrigerationBrokerWelding Program Length:Program Length:Program Length:Program Length:Program Length: Cost: $5,086Cost: $6,695Cost: $13,147Cost: $1,296Cost: $15,840 Salary RangeSalary Range:Salary Range:Salary Range:Salary Range: $24,300 - $58,000$28,500 - $66,700$31,200 - $64,200$28,800 - $175,700$26,000 - $56,700