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Home My WebLink About2018-12-11 VLHA Meeting Agenda Vail Local Housing Authority Meeting Results Tuesday, November 27,2018 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 Mary McDougallSteve Lindstrom Francisco MezaMolly Morales James Wilkins Staff George Ruther Lynne Campbell Wilkins called the meeting to order at 3:11PM, Steve Lindstrom and Molly Morales were absent. 1.Review and Approve November 13, 2018Meeting Results Meeting results were reviewed and approved as submitted. MOTION: McDougallSECOND: MezaVOTE: 3-0 2.Review of a modification Approval for an Employee Housing Unit Deed Restriction Exchange Request: 44 Willow Place Unit 3/44Vail Road Unit 3. The Board reviewed and recommended the modificationof the Deed Restriction Exchangeunit from2395 Bald Mountain Road Unit Wto2335 Bald Mountain Road Unit A-5, all in favor. In making their recommendation the Board found that the request complies with the criteria established for a deed-restriction exchange. 3.East Vail Parcel Rutherpresented an East Vail parcel development update from Triumph Development. Triumph th intendsto present to Council on December 4in an effort to begin initial discussionsregarding the development.Triumph’s intent is to gain a better understanding how best to develop the siteand begin construction by 2019 summer. Does the Townhave an interest in purchasing the 45 homes that would otherwise be free market units? Can fees be deferred or exempted? Can real estate taxes be exempted? Page 1 Is Tov committed to improve the existing bus line? Triumph’s intent is to begin initial discussions.Is the Town willing to participate financially or in- kind,and specifically,is the Town interested in getting 100% deed restricted housing or just 70% deed restrictions required by the Housing zonedistrict. Key points discussed: Waiving property tax, the County can waive per state statute. Historically,the Authority has th received 1/10of1% ownershipinterest with no management of the property, similar to Lions Ridge Apt and Middle Creek, which qualifies for the waiver. ERWSD has program to finance impact fees over 10 years on public projects. Currently a statute. This is being used for 6 West Apartments. The Authority referenced the Town’s new housing policy statements: “Funding is Policy”, Leverage Financial Strength”, “Housing is Infrastructure” and “Breaking Down Barriers”. Have fees been waived for other projectssuch asSolar Vail?Yes per Ruther, some fees were restructured. Granting of reduced or fee waiver was based on proof atraffic impact was needed, the fee was negotiated. Ruther suggested there may be ways to close a financial gap without writing a check. Town can create amore incentive to find balance with less parking. Construction use tax is dedicated to capital improvements. Would the Town be willing to use those fees to buildabus turn around vs.Triumph paying for and building it? Transportation is the key. Is there data showing there is a greaterneed for additional bus service? Wilkins stated theVLHA should be willingto look at all avenues coming to theAuthoritywhether financial or otherwise. McDougall thoughtthis is a perfect example to put the housing policies to the test. Meza wantsto enhance quality of deed restrictions being built meaning consider transportation, on site amenities, etc. It all goes to quality of life. Ruther will share the Authority’s commentswith Michael O’Connor with Triumph. 4. Potential Housing Sites Update Campbell presented an updated potential housing site spreadsheetwhich included land and zoning data. She will update the data to include all hazard categories, year built and site the source. 5. Vail Housing Summit Ruther gave an update for the summit currently scheduled for January 14-17, 2019.The main event will be held at Donovan Pavilionwith other sessions and social events at Lodge at Vail. The First Inaugural Snow Summitis the official namewith ahousingtag line. Agenda: Early morning sessions Mid day ski Page 2 Reconvene in evening for additional sessions including 2 keynote speakers Dinner Thursday expected to have a breakout session, similarto the NIMBY jamboree, geared for locals, afee could apply. Vail Resorts is providing lift tickets, the Town suppling venue, transitand possibly a meal Kristen with CommfluentandNatalie Spencer with Apex One are working to generate 35K or more in corporate sponsorships. Cost and any subsidies of the conference arepending sponsorships provided. So far there is an estimated cost of $500 for the 3 days exclusive of hotel and airfare,or roughly$1600 (hotel, conference,meals, lift tickets plus airfare). Thus far there we are anticipating about 80 participants. Due to timing the summit could be pushed out to early April. Ruther will continue to update the group asinformation is obtained. 6.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 items for executive session. Other Items Discussed: th Should the Board replace the December 25meeting? No,unless there is a Vail InDEED application for review. th Ruther will advise the Board if theirpresence is needed for theEast Vail parcel onDecember 4 Council meeting. McDougall asked about the Concert Hall Plaza conceptstatus. Per Rutherthe deal will not move forward. Meeting adjournedat 4:35PM. MOTION: MezaSECOND: McDougallVOTE: 3-0 Next Meeting –December 11, 2018 Future Agenda Items: 2019 Budget Housing Data Open Lands Plan Discussion East Vail Parcel Update West Vail Master Plan Discussion Housing Sites Page 3 RESOLUTION NO. 21, SERIES 2018 VAIL LOCAL HOUSING AUTHORITY 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, 2019THROUGH DECEMBER 31, 2019. WHEREAS, the Vail Local Housing Authority board received and approved the budget for the fiscal year 2019onDecember 11, 2018; and WHEREAS, in accordance with CRS section 29-1-106 a notice of budget hearing has been published; and WHEREAS, notice of this public hearing to consider the adoption of the proposed Vail Local Housing Authority budget was published in the VAIL DAILY on the 5thday of December, 2018; and NOW THEREFORE, LET IT BE RESOLVED by the Vail Local Housing Authority of Vail, Colorado, as follows: The Vail Local Housing Authority Board adopts the submitted budget and appropriates $43,200in expenditures beginning on the first day of January, 2019, and ending on the st 31day of December, 2019. Steve Lindstrom, Chairman of the Vail Local Housing Authority ATTEST: Lynne Campbell, Secretary of the Vail Local Housing Authority Resolution No. 21,Series of 2018