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HomeMy WebLinkAbout2018-12-11 VLHA Meeting Results Vail Local Housing Authority Meeting Results Tuesday, December 11,2018 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, arrived at 3:30PM Francisco Meza James Wilkins Staff George Ruther Lynne Campbell Lindstrom called the meeting to order at 3:10PM, present were Meza, Wilkins, Morales, Lindstrom, Ruther and Campbell from staff. Also present were Carlie Smith, Finance Services Managerand Andrew Knudtsen from EPS. 1.1Review and Approve November 27, 2018Meeting Results The Board reviewed the meeting results and approved with corrections. Lindstrom abstained as was not present at the November 27, 2018 meeting. MOTION: WilkinsSECOND: MezaVOTE: 2-0 2.1Review and Approval of Vail Local Housing Authority Resolution21, Series of 2018, A Resolution Adopting a Budget and Making Appropriations to Pay the Costs, Expenses and Liabilities of the Vail Local Housing Authority, for its Fiscal Year January 1, 2019 Through December 31, 2019. Carlie Smith, Town of Vail Finance Services Managerpresented an update on the Housing Authority’s 2019 budget. The budget was increased from $31,000 in 2018 to $43,200. This allows for the following expenditures. Authority Professional Development$2,000 Administrative Expenditures$ 1,200 Proposedtax ballot initiative$10,000 Update of The Economic Value of the Town Page 1 of Vail’s Investment in Employee Housing$15,000 Environmental Impact of Economic $15,000 The 2017 revenue totaled $47,000;$35,000 from ground leases and $12,500 from Middle Creek Village revenue share. The Board asked how the Lion’s Ridge Apartment payments were scheduled. Ruther stated it was st an escalating payment, flat for the 15-7 years at which point Gorman & CO. can exercise option to purchase. If they don’t exercise option to purchase lease payment escalates. Lindstrom asked where the payments are applied. Smith to review and confirm. Wilkins made a motion to approve Resolution 21, Series of 2018, A Resolution Adopting a Budget and Making Appropriations to Pay the Costs, Expenses and Liabilities of the Vail Local Housing Authority, for its Fiscal Year January 1, 2019 Through December 31, 2019 MOTION: WilkinsSECOND: MezaVOTE: 3-0 2.2.Reviewand Approvalof a Resolution No. 20, Series of 2018 a Resolution Approving the Purchase of a Deed Restriction Interest in Property (Type III Deed Restriction) in the Town of Vail LegallyDescribed as Vail East Townhouse Condos Unit 8, Eagle County, Colorado with a PhysicalAddress of 5020 Main Gore Place Unit 8, Vail, Colorado; Subject to Ratification by the Vail Town Council; and Setting Forth Details in Regard Thereto. Wilkins motioned to approve Resolution No. 20, Series of 2018 a Resolution Approving the Purchase of a Deed Restriction Interest in Property (Type III Deed Restriction) in the Town of Vail LegallyDescribed as Vail East Townhouse Condos Unit 8, Eagle County, Colorado with a PhysicalAddress of 5020 Main Gore Place Unit 8, Vail, Colorado; Subject to Ratification by the Vail Town Council; and Setting Forth Details in Regard Thereto. MOTION: WilkinsSECOND: MezaVOTE: 3-0 2.3. Economic Value of Employee Housing –Economic Planning Systems, Andrew Knudtsen Ruther introduced Andrew Knudtsen, principal with Economic Planning Systems(EPS). EPS is working on other housing studies throughout the state of Colorado and outside the state. Ruther invited Knudtsen to meet with the Board to gain understanding of whatis in needof updatingfrom the Economic Value of the Town of Vail’s Investment in Employee Housingreport from 2012. Knudtsen provided the Board with a company overview. Board member Molly Morales arrived at 3:30PM. Knudtsen has reviewed the existing document revealing his thoughts. There are 3 components from the existing document he believes can be expanded upon. 1.Retailspending 2.Parking cost 3.Employer cost, including training, recruitment and retention Page 2 This list layersto generate community. He stated he would expand on existing report add job creation, how many local jobs as well as job retention. Lindstrom stated we needto lookat the larger picture. Vail is competing with other resort areas thatall have housing issues. Vail has jobs. Meza questioned if the Town is doing anything about mobility. Ruther: yes this is in conversation now. He said employers are not getting top employees and this is resonating with the community. Per Morales Vail Health’s 5 year study recently completed indicated the average age range for employee change is 35-37. Ruther mentioned the Town’s employee data indicated the midrange professional is leaving.He indicated the audience is voters, employers. Knudtsen will include in report Jobs Parking Transit Infrastructure (utilities) Most efficient to build Quantify carbon output, Ruther agreed to this piece of data but only with facts to quantify, credible data (volume) Wilkins said to use units vs. dollars Lindstrom: it is parallel, trip cost is dollars. Morales: Would it make sense to review where necessities are, i.e. schools and hospital? Knudtsen: EPS uses approximate cost under former administration.It is middle of the road and can be can be removedif need be. Knudtsen: Some things are not as tangible, effect on parent’s time with their children,how we keep people off the road soparentscan bewith families longer. He asked if nonprofits should be included in the report. Lindstrom believes it is larger than non-profits. Who will be part of all groups? Who will run for local boards if no one lives here? Lindstrom: Work toward 2 parallelsunits of deed restricted units. Live as new person in town. nd Move through life cycle. Don’t compete with 2home market. Knudtsen: Tier types of units: rental, for sale, entry level. Page 3 Wilkins: movingup in Vail from entry level is not available in Vail. Look at retirement. What comes after employment, deed restrictions? What’s the balance? Knudtsen: EPS will keep business expense, quantity over time, cost of unfilled positions and turn over, as well as pay differentialwithin valley?EPS can quantify. Will they pay more to bring people to Vail? Knudtsen: Like for like is the challenge. Think about comparison of additional employee expenses vs additional employerexpenses. Similardollars. EPS can quantify this. Can show actual dollars spent on housing. Once quantified can show impacts. stnd Lindstrom quantify recruitment choices for instance between number 1or 2choice versus other choices. Wilkins: quantify employee costs. Knudtsen listed data availability. QCWstate need letter from TOV, this has good bureau of labor statistics with location and wage levels.Data is proprietary so need to report out aggregate data. Hard to work with, listed by month. Generally review a month over time. Can do analysis by geography or other. Decide how to display, use simple infographics. Include in summary QCW: Jobs Time series Geography Wage Level Inventory EHUs Market rate –have 2015 census, American Community Survey(ACS) Local Health Department for commuting data Community surveys Ruther said for EPS to check with RRCfor community survey results. Convene major employers for focus groups. Lindstrom said focus groups may be possible but indicated one on one phone calls may be better. David Schwartz and Knudtsen will reply in a week. Ruther reminded Knudtsen and Board about the scope of work. Lindstrom wants Board to get draft for review and to collaborate with EPS. Ruther said there is a need to communicate tradeoffs. Knudtsen said the timeline is good for a January 2, 2019 start date. Page 4 2.4 Housing Authority Council Update Preparation Ruther provided an update and review for the update to Council. The Housing department has included 2018 stats, department and Authority progress, housing policy statement, Vail InDEED, a review of current projects and long term funding information. Lindstrom will present to Council on December 18, 2018. 2.5. East Vail Parcel Update The East Vail parcel is going to Town Council executive session on December 18 with a public session regarding process. Triumph Development plans on submitting applications soon. 2.6. Potential Housing Site Discussion Item tabled to January 8,2019 meeting. 2.7. Housing Summit Update Ruther indicated all Board members should have received an invitation to the summit. There is money inthe 2019budget to cover Board member expense. The Housing department will sign up the Authority members who wish to attend. Wilkins can attend all days except January 17. The Board inquired about the cost to attend. Per Ruther the conference only is $460 which includes meetings and food. There is a YIMBY session on January 17 cost approximately $50-60 for that day only. 3.1. 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. There were no Vail InDEED applications for review at this time. Per Ruther a special meeting will be called as necessary should there be an applicationfor reviewprior to the end of the year. Lindstrom reminded the group there was a Civic Area Planopen meeting tonight at 5. He believes the Board should stay on top of this subject. Meza plans to attend for the group. 4.1No action as a result of executive session. 5.1Wilkins made a motion to adjourn the meeting at 5:00 PM. MOTION: WilkinsSECOND: MoralesVOTE: 4-0 Next Meeting –January 8, 2019 December 25, 2018, Meeting Cancelled Future Agenda Items: 2019 Budget Housing Data Open Lands Plan Discussion Page 5 East Vail Parcel Update West Vail Master Plan Discussion Housing Sites Page 6