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HomeMy WebLinkAbout2005-07-19 Support Documentation Town Council Evening SessionTOWN COUNCIL EVENING SESSION AGENDA 6:00 P.M. TUESDAY, JULY 19, 2005 VAIL TOWN COUNCIL CHAMBERS 75 S. Frontage Road W. Vail, CO 81657 NOTE: Times of items are approximate, subject to change, and cannot be relied upon to determine at what time Council will consider an item. 1 • ITEMITOPIC: Citizen. Input. (10 min.) 2• ITEMITOPIC: Construction Update. (5 min.) 3. TRAHC Board ITEMITOPIC: Timber Ridge Affordable Housing Corporation (TRAHC) Board update. (10 min.) ACTION REQUESTED OF COUNCIL: Review materials provided in your packet and information presented at the Council meeting. Provide feedback and comments to TRAHC Board. BACKGROUND RATIONALE: The "Agreement Regarding Reporting and Financial Disclosures" between the TRAHC Board and the Town of Vail sets forth certain reporting requirements. TRAHC is providing Council with financial and operating information per these requirements. Council also requested updates concerning progress toward remediation and sale or redevelopment of the property. This update, by the TRAHC Chairman will include an overview of a potential agreement between the Town of Vail and TRAHC. This agreement is recommended by legal council. The agreement would have TRAHC employ the Town as its agent to solicit proposals for redevelopment. The RFP for Timber Ridge will be issued by the Town and the Town's recommendation would then be forwarded to TRAHC, who upon payment of their debt would make the property available for redevelopment. STAFF RECOMMENDATION: Provide comments on information presented. 4. Lorelei Donaldson ITEM/TOPIC: Local Licensing Authority (the "LLA°) Appointment. (5 min.) ACTION REQUESTED OF COUNCIL: Appoint one applicant to the LLA to fill the vacancy left by Rob Rothenberg (he moved out of the Town of Vail); the applicant shall be appointed to complete the term which expires May 31, 2006. BACKGROUND RATIONALE: All applicants to the LLA must be citizens of the United States, qualified electors of the Town of Vail, and have resided in the Town of Vail for not less than two years preceding appointment, and shall have no direct financial interest in any license to sell alcoholic beverages or any location having any such license. Duties of the five-member board include review of all Town of Vail liquor license applications. There is currently one vacancy on the LLA. The Town received one (1) application for the vacancy. The Council needs to interview this applicant at the work session and then make the appointment to the LLA at the evening meeting. The applicant is Robert McKown. RECOMMENDATION: Appoint one applicant to the LLA to complete the term vacated by Rob Rothenberg. I would also ask the Town Council to thank Rob Rothenberg for his three (3) years of service on the LLA board. 5. Russ Forrest ITEM/TOPIC: Vail Conference Center Update. (30 min.) ACTION REQUESTED OF COUNCIL: On June 7"', the Vail Town Council authorized additional funds to continue working on the conference center. As part of that authorization $30,000 was budgeted for additional operational studies. The Committee would like to retain a qualified professional to evaluate price sensitivity for Lodging Tax and its impact on Lodging. The Committee would like to be authorized by the Town Council to spend up to $10,000 to evaluate this question. BACKGROUND RATIONALE: On July 13~', the Conference Center Advisory Committee met and reviewed the current conference center ballot language. The lodging representatives on the Committee requested that two issues be discussed with the Town Council: 1. Complete an analysis of price sensitivity in the resort lodging market place to increases in lodging tax. Specifically the lodging community would like to know if raising lodging tax will negatively impact lodging business or if. there. is a threshold which should be recognized. Currently a guest checking out of a Vail lodging property pays an 11.8% tax (Sales and Lodging Tax). 2. Request to Council to discuss sun setting the lodging tax. The Lodging community would be very interested in sun setting all or a portion of the tax. This matter could be considered more fully once a final tax increase is determined based on a guaranteed maximum price from Mortenson Construction which will be available in August. 6. Warren Campbell ITEMITOPIC: First Reading of Ordinance No. #1, Series of 2005, an Ordinance establishing Special Development District No. #39, Crossroads, and setting forth details in regard thereto. (5 min.) ACTION REQUESTED OF COUNCIL: Table the First Reading of Ordinance No. 1, Series of 2005, an ordinance establishing Special Development District No. 39, Crossroad, to the August 2, 2005, Council meeting. BACKGROUND RATIONALE: Staff and the applicant are requesting that the First Reading of Ordinance No. 1, Series of 2005, an ordinance establishing Special Development District No. #39, Crossroad, be tabled to August 2, 2005, in order to give staff and the applicant time to address the concerns expressed by the Town Council at the June 21, 2005, public hearing. STAFF RECOMMENDATION: The Community Development Department recommends that the Vail Town Council table the First Reading of Ordinance .No. #1, Series of 2005, an ordinance establishing Special Development District No. #39, Crossroad, to the August 2, 2005, Council meeting. 7. Matt Mire ITEMITOPIC: Consideration of an Intergovernmental Agreement ("IGA") .between Vail Square Metropolitan Districts 1, 2 and 3 (the "Districts) and the Town of Vail regarding operation and maintenance of the On-Site Streetscape Improvements and the LionsHead Place Improvements. (5 min.) ACTION. REQUESTED OF COUNCIL: Approve or approve with amendment the IGA, via motion, at the evening meeting. BACKGROUND RATIONALE: The IGA was approved as to form, as Exhibit D, to the Consolidated Service Plan for Vail Square Metropolitan Districts 1, 2 and 3, which was approved by the Town Council via Resolution No. 8, 2005, on May 3, 2005. It was represented at that time that a final version of the IGA would be brought back to the Town Council for review and approval prior to its execution: No substantive changes have been made to the IGA since the Council last saw it on May 3, -2005. . STAFF RECOMMENDATION: Approve the IGA, via motion, at the evening meeting,. ;. ,.~ 8. Matt Mire ITEMITOPIC: Resolution No. #12, Series 2005, A resolution approving .the amendment to core site development agreement (the "Amendment") among the Town of Vail (the "Town"), Vail Reinvestment Authority (the "Authority"), and the Vail Corporation, d/b/a Vail Associates, Inc., a Colorado corporation ("Vail Associates"), which amendment pertains to certain respective rights and responsibilities of the Town, the Authority and Vail Associates in relation to the core site development proposed to be undertaken by Vail Associates and affiliates. The topic is an Amendment to the Core Site Development Agreement ("DIA"). Because the original DIA was negotiated and adopted prior to fina'I design approvals, there are several housekeeping matters that need to be amended in order to comply with certain conditions adopted by the PEC. The main items areas follows: 1) The Town is agreeing to various Easement Dedications subject to final review by the Town Staff. These were anticipated by the original DIA and the Amendment sets them out with specificity. 2) The Town is agreeing to designate Vail Associates and its designees (contractors and .utility companies) to install the off-site improvements. The original DIA mandated that Vail Associates do the work. This Amendment authorizes and enables Vail Associates to do the work. 3) The Town and Vail Associates are agreeing as to the areas of responsibility on an ongoing basis for utilities and off-site improvements. The original DIA did not specify in detail these areas. 4) The Town is agreeing to give Vail Associates a license agreement for various encroachments for footings, etc. The original DIA called for transfer of ownership of the property. 5) The Town is agreeing to transfer the $4,300,000 obligation for additional parking to the Core Site. The Original DIA tied the obligation to the Gore Creek Townhomes. This is an accounting issue which serves to properly allocate the money to the Core Site. The condition, as before, is a personal obligation of Vail Associates and is not conditioned upon the building of the Core Site. This Amendment does not limit the effect of any condition to closing under the original DIA which presently remains unsatisfied. (10 min.) ACTION REQUESTED OF COUNCIL: Approve or approve with amendment Resolution No. #12, Series 2005, and/or the underlying Amendment to Core Site Development Agreement, at the evening meeting. BACKGROUND RATIONALE: The Amended agreement will update the original Core Site Development Agreement based upon all current approvals as set forth above. STAFF RECOMMENDATION: Approve Resolution #12, Series 2005, at the evening meeting. 9. Matt Mire ITEM/TOPIC: Resolution No. #13, Series of 2005, a Resolution approving the parking capital investment agreement between the Town of Vail (The "Town") and the Vail Corporation, D/B/A Vail Associates, Inc., A Colorado Corporation (Vail Associates") which agreement relates to the Arrabelle at Vail Square Development by Vail Associates. (10 min.) ACTION REQUESTED OF COUNCIL: Approve or approve with amendment Resolution No. 13, Series 2005, at the evening meeting. BACKGROUND RATIONALE: Resolution No. #13, Series 2005, operates to amend the original Parking Capital Investment Agreement. The amended agreement will transfer the $4,300,000 obligation for additional parking to the Core Site. The obligation was originally tied to the Gore Creek Town homes. This is an accounting issue which serves to properly allocate the money to the Core Site. The condition, as before, is a personal obligation of Vail Associates and is not conditioned upon the building of the Core Site. STAFF RECOMMENDATION: Approve Resolution No. #13, Series 2005. 10. Matt Mire ITEMITOPIC: Resolution No. #14, Series 2005, a Resolution approving the adoption and confirming the effect of the intergovernmental agreement by and among the Authority; The Vail Square Metropolitan District No.'s 1, 2, and 3, and the Vail Corporation, D/B/A Vail Associates. (10 min.) ACTION REQUESTED OF COUNCIL: Approve or approve with amendment Resolution No. #14, Series 2005, at the evening meeting. BACKGROUND RATIONALE: Resolution #14, Series 2005, is simply an acknowledgement by the. Town Council that the condition of approval for the Consolidated Service Plan for Vail Square Metropolitan Districts 1, 2 and 3 (the "Districts") has been satisfied. STAFF RECOMMENDATION: Approve Resolution No. 14, Series 2005, at the evening meeting. 11. ITEMITOPIC: Town Managers Report (10 min.) - House Bill 1177, Commonly known as the `Interbasin Compact' or the `Colorado Water for the 21St Century Act' This bill created nine basin roundtables covering geographic areas in Colorado. These roundtables will be the primary bodies for on- going discussions related to needs- within each basin and the basins' interaction with each other. Caroline Bradford, Eagle River Watershed Council, called for a quick meeting by the municipalities on Monday, July 11. At this meeting, the following towns were represented: Basalt, Gypsum, Eagle, Avon, Minturn and Vail. Consensus on the municipalities' single appointment was required by Friday, July 15, 2005. The county will also be allowed to appoint one candidate. Unanimously; the six `towns agreed to nominate Chuck Ogilby as their collective representative. Staff has called Chuck .to notify him, although the representative from QQ/NWCCOG indicated he'd already been polled about serving and had stated he was willing to do so. Staff has not yet had a confirmation from Chuck in regard to this position. 12. ITEMITOPIC: Adjournment (7:50 p.m.) NOTE UPCOMING MEETING ART TIMES BELOW: (ALL TIMES ARE APPROXIMATE AND SUBJECT TO CHANGE) THE NEXT VAIL TOWN COUNCIL REGULAR EVENING MEETING WILL BEGIN AT 6 P.M. TUESDAY, AUGUST 2, 2005, IN VAIL TOWN COUNCIL CHAMBERS Sign language interpretation available upon request with 24-hour notification. Please call 479-2106 voice or 479-2356 TDD for information MEMORANDUM TO: Town Council FROM: Timber Ridge Affordable Housing Corporation DATE:. July 19, 2005 SUBJECT: Monthly Reporting Requirements Attached please find the May, 2005 Timber Ridge Village Income Statement, Variance Report, Balance Sheet, and Projected Cash Flow report as well as the weekly management reports. This is provided to Town Council per the reporting requirements agreement. This information will be updated and provided to Town Council on a monthly basis. TIMBER RIDGE AFFORDABLE HOUSING CORPORATION PROJECTED CASH FLOW JANUARY 2005 THROUGH DECEMBER 2005 INCOME Unrestricted Cash Balance Actual Jan-05 $14,801 Updated 6/25105 Actual Actual Actual Actual Feb-OS -Mar-05 Apr-05 May-05 $1,235 $7,679 $21,647 $4,844 Jun-OS Jul-05 Aug-05 $34,177 $9,244 ($102,287) Sep_05 Oct-05 ($78,664) ($55,041) Nov-05 Dec-05 ($91,952) ($69,945) Rental Income Insurance reimb kitchen fire (expense paid) Credits for 6 Units not occupied by Vail 123,945 126,988 122,249 22107 124,898 116,385 21,145 117,717 120,945 (14,057) 123,945 123,945 123,945 123,945 123,945 TOTAL CASH AVAILABLE $138,746 $128,223 $107,821 $146,545 $142,374 $151,894 $116,132 $21,658 $45,281 $68,904 $31,993 $54,000 EXPENSES Operatingl0wner Expenses LC Fees - Qtrly US Bank Mold Remediation 29,906 60,690 6,925 68,026 0 11,033 46,744 0 0 34,944 60,023 0 60,546 0 0 47,101 0 0 47,000 121,380 0 47,000 0 0 47,000 0 0 47,000 60,690 0 47,000 0 0 47,000 0 0 Debt Service: Series A Interest -Monthly Series B Interest -Semi Annual Series BPrincipal -Annual Avg 2,5% 39,989 0 0 Avg 2.6% 41,485 0 0 Avg 2.7% 39,431 0 0 Avg 2.9% 46,734 0 0 Avg 3.1 % 47,651 0 0 Avg 3.2% 51,498 44,051 0 Est 3.2% 50,038 0 0 .Est 3.3% 53,322 0 0 Est 3.3% 53,322 0 0 Est 3.4% 53,166 0 0 Est 3.4% 54,938 0 0 Est 3.5% 54,729 45,469 130,000 TOTAL EXPENSES AND DEBT SERVICE 137,510 120,544 86,175 141,701 108,197 142,650 218,418 100,322 100,322 160,856 101,938 277,198 MONTHLY CASHFLOWI (DEFICIT) (13,565) 6,444 13,967 (16,803) 29,333 (24,933) (111,530) 23,623 23,623 (36,911) 22,007 (153,253) FUNDING (DISTRIBUTIONS) 0 0 0 0 0 0 0 0 0 0 0 0 ENDING CASH BALANCE 1,235 7,679 21,647 4,844 34,177 9,244 (102,287) (78,664) (55,041) (91,952) (69,945) (223,198) US Bank Fee Date 10115-1115105 1115-4115105 4115-7115105 10115-1/15106 7115-10/15105 NOTE: US Bank quarterly pymts are due in the first month of the quarter. Currenty we owe $60,690 for 4115-7115105 and it should have been paid in April 2005. In April, Corum invoices of $8,165 for411-4115 payroll and March reimbursables were held and paid the first of May. Insurance settlement for kitchen fire in L-12 for $21,145 -payout for restoration $14,057 TRAHC has not funded the US Bank Repl. Reserve, Rate Cap Escrow or the Bond Reserve Fund since inception. These are required fundings that have not happened due to TRAHC cashflow and are not listr-d above. TIMER RIDGE VILLAGE Income Statement Bans: accrual For the Month Ending May 312005 CCT MONTHLY MONTHLY MONTHLY YTD # DESCRIPTION ACTUAL BUDGET VARIANCE ACTUAL OPERATING INCOME 4001 Gross Potential Rent 4005 Vacancies YTD YTD ANNUAL JDGET VARIANCE BUDGET page 1 127,850.00 129,909 (2,059) 629,108.79 649,545 (20,436) 1,558,908 (13,712.50) (3,450) (10,263) (16,962.50) (6,900) (10,063) (18,400) MONTHLY RENT 114,137.50 126,459 (12,322) 612,146.29 642,545 (30,499) 1,540,508 4070 Laundry Income 2,669.54 1,480 1,190 14,238.99 7,400 6,839 17,760 4085 Miscellaneous Income- 0.00 108 (108) 1,624.50 540 1,085 1,296 4090 Late Fees/NSF Check Fees 0.00 75 (75) 25.00 375 (350) 900' 4120 Rent Concessions (3,250.00) 0 (3,250) (6,475.00) 0 (6,475) 0 4125 Employee Apartments/Garage 0.00 (575) 575 0.00 (2,875) 2,875 (6,900 4140 Relet Fees 0.00 275 (275) 0.00 275 (275) 1,100 TOTAL INCOME 113,557.04 - 127,822 (14,265) 621,559.78 648,360 (26,800) 1,554,664 TIlVIBER RIDGE VILLAGE Income Statement Basis: Accrual For the Month Ending May 312005 • ACCT MONTHLY MONTHLY MONTHLY YTD YTD YTD ANNUAL # DESCRIPTION ACTUAL BUDGET VARIANCE ACTUAL BUDGET VARIANCE BUDGET page 2 OPERATING EXPENSES ADMINISTRATIVE 5110 Advertising/Promotion 0.00 150 150 1,098.62 750 (349) 1,800 5120 Auto Expense 215.38 285 70 1,667.09 1,425 (242) 3,420 5121 Meals 0.00 0 0 377.17 0 (377) 0 5122 Lodging 0.00 0 0 21.53 0 (22) 0 5125 Marketing Expense 0.00 100 100 688.55 500 (189) 1,200 5130 Credit Checks (140.00) 70 210 (140.00) 70 210 350 5135 Management Fee 5,905.53 6,391 485 29,410.91 32,418 3;007 77,734 5140 Office Expense 25.75 350 324 1,515.78 1,750 234 4,200 5145 Printing/Copying 210.14 250 40 810.44 1,250 440 3,000 5150 Postage 15.05 125 110 303.46 625 322 1,500 5165 Phone/Fax 298.40 495 197 2,467.39 2,475 8 5,940 5170 - Dues/Subscriptions - • 0.00 650 - 650 ~ 1,028.96 900 (129) - 1,150 5175 Banking Fees .15.10 30 15 91.60 150 58 360 TOTAL ADMINISTRATIVE 6,545.35 8,896 2,351 39,341.50 42,313 2,972 100,654 PAYROLL 5220 Wages Administrative 6,133.74 6,250 116 33,730.47 33,245 (485) 76,995 5230 Wages Maintenance 7,506.32 7,953 447 42,221:07 51,154 8,933 106,823 5250 Wages Landscaping 563.97 1,225 661 563.97 1,225 661 7,350 TOTAL PAYROLL 14,204.03 15,428 1,224 76,515.51 85,624 9,108 191,168 TIMBER RIDGE VILLAGE Income Statement Basis: Accrual For the Month Ending May 312005 ACCT MONTHLY MONTHLY MONTHLY YTD # DESCRIPTION _ ACTUAL BUDGET VARIANCE ACTU~ REPAIR & MAINTENANCE HVAC/PLUMBING 5315 HVAC -Repairs 5320 HVAC -Supplies 5345 Plumbing Repairs 5350 Plumbing Supplies YTD YTD ANNUAL JDGET VARIANCE BUDGET page 3 0.00 500 500 0.00 2,500 2,500 6,000 0.00 100 100 0.00 500 500 1,200 0.00 525 525 999.33 2,625 1,626 6,300 0.00 300 300 512.72 1,500 987 3,600 TOTALAVAC/PLUMBING 0.00 1,425 1,425 1,512.05 7,125 5,613 17,100 GROUNDS 5620 Trash Removal 2,424.28 660 5625 Snow Removal ~ 0.00 ~ 0 5645 Pest Control 0.00 0 5655 Grounds Equipment 0.00 175 (1,764) 5,707.56 3,300 (2,408) 7,920 0 10,481.57 6,475 (4,007) 9,250 0 85.50 0 (86) 0 175 0.00 350 350 1,250 TOTAL GROUNDS 2,424.28 835 (1,589) 16,274.63 10,125 (6,150) 18,420 GENERAL REPAIR/MAINTENANCE 5325 Electrical -Repairs 5330 Electrical -Supplies 5365 Maintenance/Repair Supply 5367 Door/Window Repair/Maintenance 5370 Miscellaneous Repairs and Maintenac 5380 Painting Supplies 5385 Appliance Maintenance 5395 Uniforms 5720 Locks ' 5760 Other Fire & Life Safety 0.00 50 50 0.00 250 250 600 0.00 50 50 92.50 250 158 600 0.00 200 200 104.66 1,000 895 2,400 0.00 100 100 107.83 500 392 1,200 325.45 75 (250) 1,961.32 375 (1,586) 900 121.38 125 4 253.62 625 371 1,500 68.84 0 (69) 68.84 0 (69) 0 16.85 0 (17) 16.85 400 383 800 0.00 150 150 152.35 450 298 900 0.00 0 0 595.16 140 (455) 1,570 TOTAL GENERAL REPAIR/MAIN 532.52 750 217 3,353.13 3,990 637 10,470 TIMBER RIDGE VILLAGE Income Statement Basis: Accrual For the Month Ending May 312005 ACCT MONTHLY MONTHLY MONTHLY YTD YTD YTD ANNUAL # DESCRIPTION ACTUAL BUDGET VARIANCE ACTUAL BUDGET VARIANCE BUDGET page 4 UTILITIES - 5410 Electricity -Common Area 3,119.42 5,292 2,173 15,710.56 38,844 23,133 85,026 5450 Water/Sewer 5,400.00 5,468 68 29,711.95 25,340 (4,372) 62,116 TOTAL UTILITIES 8,519.42 10,760 2,241 45,422.51 64,184 18,761 147,142 JANITORIAL 5510 Janitorial -Labor/Contract 5520 Janitorial - Supplies 5530 Carpet/Drape Cleaning (225.00) 0 0.00 125 130.00 350 225 (625.00) 0 625 0 125 106.01 625 519 1,500 220 688.30 350 (338) 2,100 TOTAL JANITORIAL- {95.00) 475 - 570 ~ 169.31 975 806 - 3,600 OTHER EXPENSES 5830 Property Insurance 5,380.30 5,295 (85) 26,901.50 26,475 (427) 63,540 TOTAL OTHER EXPENSES 5,380.30 5,295 (8S) .26,901.50 26,475 (427) 63,540 TOTAL EXPENSES 37,510.90 43,864 6,353 209,490.14 240,811 31,321 552,094 NET OPERATING INCOME 76,046.14 83,958 (7,912) 412,069.64 407,549 4,521 1,002,570 OWNER EXPENSES 6110 Accounting/Audit -6151 Remediation 0.00 0 0 5,000.00 5,900 900 5,900 (21,1-44.63) - 0 21,145 (20,120.96) 0 20;121 0 TOTAL OWNER EXPENSES (21,144.63) 0 21,145 (15,120.96) 5,900 21,021 5,900 TIMBER RIDGE VILLAGE Income Statement Basis: Accrual For the Month Ending May 312005 ACCT MONTHLY MONTHLY MONTHLY YTD YTD YTD ANNUAL # DESCRIPTION ACTUAL BUDGET VARIANCE ACTUAL BUDGET VARIANCE BUDGET page 5 INTEREST & MISCELLANEOUS INCOME 8105 Interest Income -Miscellaneous 506.18 360 146 2,100.43 1,800 300 4,320 TOTAL I1VT & MLSC INCOME 506.18 360 146 2,100.43 1,800 300 4,320 CASH FLOW AVAILABLE FOR Df 97,696.95 84,318 13,379 429,291.03 403,449 25,842 1,000,990 _ INTEREST EXPENSE 6165 Letter of Credit Fees 6170 Financing Fees 6202 MISC Interest Expense 6205 Interest Expense -Series A 6210 Interest Expense -Series B 0.00 0 0.00 0 1,250.00 1,250 54,737.59 31,708 7,578.00 7,578 0 120,713.37 122,046 1,333 244,092 0 15,840.31 11,890 (3,950) 23,780 0 6,250.00 6,250 0 15,000 (23,030) 226,798.88 158,540 (68,259) 380,496 0 37,890.00 37,890 0 90,259 TOTAL INTEREST EXPENSE 63,565.59 40,536 (23,030) 407,492.56 336,616 (70,877) 753,627 INCOME BEFORE DEPR AND AMA 34,131.36 43,782 (9,651) 21,798.47 66,833 (45,035) 247,363 AMORTIZATION AND DEPRECIATION 6470 Amortization 3,586.50 3,587 1 17,932.50 17,935 6480 Depreciation Expense 43,787.17 43,787 0 218,935.85 218,935 3 43,044 (1) 525,444 TOTAL AMORT AND DEPR 47,373.67 47,374 0 236,868.35 236,870 2 568,488 NET INCOME/(LOSS) (13,242.31) (3,592) (9,650) (215,069.88) (170,037) (45,033) (321,125 TIMBER RIDGE VILLAGE Income Statement sans: accrual For the Month Ending May 312005 ACCT MONTHLY MONTHLY MONTHLY YTD YTD YTD ANNUAL # DESCRIPTION ACTUAL BUDGET VARIANCE ACTUAL BUDGET VARIANCE BUDGET page 6 CASHFLOW AD.TUSTMENTS -CHANGES lN: FILED ASSETS DEPR. & AMORT. Depr. & Amort. 47,373.67 DEBT SERVICE PYMTS / ESCROWS 1040 Replacement Reserve Fund (42.50) 1050 Series B Bond Fund 0.00 1120 Debt Service Reserve Fund (29.95) 1121 Debt Service Reserve - B (382.83) 2080 Bonds Payable - B 0.00 RECEIVABLES AND OTHER ASSETS 1300 - Accounts Receivable - 2,262.50 OTHER LIABII,TI'lES 2010 Accounts Payable (22,573.22) 2035 Other Accruals (667.00) 2050 Accrued Interest Payable 15;914.49 2055 Prepaid Rent 102,451.67 Security Deposits 393.45 DISTRIBUTIONS /CONTRIBUTIONS 47,374 0 236,868.35 236,870 (2) 568,488 0 (43) (181.58) 0 (182) 0 0 0 (0.02) 0 0 0 0 (30) (123.87) 0 (124) 0 0 (383) (1,583.36) 0 (1,583) 0 0 0 0.00 0 0 (130,000) 0 ~ 2,263 ~ (6,155.00) 0 (6,155) ~ 0 0 (22,573) (24,489.28) 0 (24,489) 0 0 (667) (3,335.00) 0 (3,335) 0 0 15,914 55,648.93 0 55,649 0 0 102,452 80,283.56 0 80,284 0 0 393 (362.60) 0 (363) 0 TOTAL CASHFLOW ADJUSTMEN 144,700.28 47,374 97,326 336,570.13 236,870 99,700 438,488 NET CASHFLOW 131,457.97 43,782 87,676 121,500.25 66,833 54,667 117,363 TIMBER RIDGE VILLAGE APARTMENTS MAY 2005 VARIANCE REPORT OPERATING INCOME: Monthly Rent Monthly Rent is under budget $12,322 due to higher vacancies than anticipated. 4070 Laundry Income Laundry income is over budget $1,190 due to higher than expected laundry use. 4120 Rent Concessions ~ Rent Concessions is over budget $3,250 due to a misclassification. This will be corrected next month. OPERATING EXPENSES 5620 Trash Removal Trash removal is over budget $1,764 due to extra dumps. 5410 Electricity Common Area Electricity common area is under budget $2,173 due to a lower occupancy because of the mold problem. YEAR TO DATE TOTAL EXPENSES ARE FAVORABLE TO BUDGET $31,321 YEAR TO DATE NET OPERATING INCOME IS FAVORABLE TO BUDGET $4,521 Owners Expense 6151 Remediation Remediation is over budget $21,145 due to the recent decision to remediate an additional 44 units. Page 1 Database: CORUM_MRI BALANCE SHEET Page: 1 ENTITY: TBR Corum Real Estate Group Date: 6/27/2005 TIMBER RIDGE VILLAGE Time: 04:43 PM Accrual May 2005 ASSETS Current Assets Cash 136,302.15 Restricted Cash-Security Deposits 17,051.42 CASH TRUSTEE ACCOUNTS Replacement Reserve Fund 90,993.85 Series A Bond Fund 0.48 Series 8 Bond Fund 0.02 Debt Service Reserve Fund 17,599.51 Debt Service Reserve - B 224,965.80 Accounts Receivable 9,500.09 Prepaid Insurance 5,380.30 Total Current Assets 501,793.62 Investment in Real Estate Land Costs 4,399,500.00 Building 15,578,000.00 Computer & Equipment 30,897.00 Less: Accum Depreciation (985,210.38) Total Investment in Real Estate 19,023,186.62 Intangibles Bond Cost 825,897.55 Accum Amort Bond Cost (80,000.50) Total Intangibles 745,897.05 TOTAL ASSETS 20,270,877.29 Database: CORUM_MRI BALANCE SHEET Page: 2 ENTITY: TBR Corum Real Estate Group Date: 6/27/2005 TIMBER RIDGE VILLAGE Time: 04:43 PM Accrual May 2005 LIABILITIES & SHAREHOLDER'S EQUITY Current Liabilities Accounts Payable 90,250.85 Security Deposit Payable 17,050.00 Other Accruals 5,328.00 Accrued Interest Payable 125,090.94 Total Current Liabilities 237,719.79 Other Current Liabilities Prepaid Rent 103,779.17 Total Other Current Liabilities 103,779.17 Long Term Debt Bonds Payable - A 19,025,000.00 Bonds Payable - B 1,455,000.00 Notes Payable-Townof Vail 1,000,000.00 Total Long Term Debt 21,480,000.00 SHAREHOLDER'S EOUITY Equity (1,335,551.79) Current Year Profit (Loss) (215,069.88) Total Shareholder's Equity (1,550,621.67) TOTAL LIABILITIES AND EQUITY ' 20,270,877.29 Timber Ridge Village Weekly Report May 06, 2005 Overview: Occupancy and released overview: Total # of Units 200 Total # Occupied 113 Total # Vacant 87 Total # Vacant Preleased/Applications (incl. transfers) 1 Total # of Notice to Vacates (incl. transfers) 0 Total # of Leases Expiring this Month 0 Total # of Expirations that gave Notice 0 Total # of Wait List Applications 0 Total # of units available to lease 86 Leasing Report Summary Current occupancy is 99% of 114 units. There are 113 units occupied out of 114 units that have been made available to be leased. The occupancy rate for the units occupied compared to the units that are available for rent is 99% Occupancy based on the entire 200 units is 61 %. Marketing Issues (concessions, traffic trends, new marketing tools) Timber Ridge Village is now advertising in the Vail Daily. COMPANIES CONTACTED FOR POSSIBLE MASTER LEASES: Hedrick Construction Paul 328-2483 Longs excavation Dick 949-4682 Property Management Issues (incidents, major problems) Flood from bad water heater at I 03, Tri county carpet cleaners came and dried carpet. Secured the vandalized entry doors at B building Collection Issues Total Outstanding = $12,496.02 1. $1500.00 is employee rent that has not been credited 2. $10,996.02 is unpaid rent and late fees Timber Ridge Village Weekly Report May 13, 2005 Overview: Occupancy and released overview Total # of Units 200 Total # Occupied 107 Total # Vacant 91 Total # Vacant Preleased/Applications (incl. transfers) 0 Total # of Notice to Vacates (incl. transfers) 0 Total # of Leases Expiring this Month 0 Total # of Expirations that gave Notice 0 Total # of Wait List Applications 0 Total # of units available to lease 91 Leasing Report Summary Current occupancy is 96% of 114 units. There are 110 units occupied out of 114 units that have been made available to be leased. The occupancy rate for the units occupied compazed to the units that are available for rent is 96% Occupancy based on the entire 200 units is 55%. Marketing Issues (concessions, traffic trends, new marketing tools) Timber Ridge Village is now advertising in the Vail Daily. COMPANIES CONTACTED FOR POSSIBLE MASTER LEASES: Dietz Construction Tom 328-5600 Foley Johnson Construction Richard 524-0546 Property Management Issues (tncidenrs, major problems) Cleaned up the property and continuing with our Spring Clean up. Split rail fence repairs done through out the property. Collection Issues Total Outstanding = $1,306.85 1. $1500.00 is employee rent that has not been credited 2. $ 1,454.17 Prepaid rent 3. $ 1,261.021n unpaid rent Timber Ridge Village Weekly Report May 20, 2005 Overview: Occupancy and released overview Total # of Units 200 Total # Occupied 1 10 Total # Vacant 90 Total # Vacant Preleased/Applications (incl. transfers) 0 Total # of Notice to Vacates (incl. transfers) 0 Total # of Leases Expiring this Month 0 Total # of Expirations that gave Notice 0 Total # of Wait. List Applications 0 Total # of units available to lease 90 Leasing Report Summary Current occupancy is 96% of 114 units. There are 110 units occupied out of 114 units that have been made available to be leased. The occupancy rate for the units occupied compared to the units that are available for rent is 96% Occupancy based on the entire 200 units is 55%. Marketing Issues (concessions, traffic trends, new marketing tools) Timber Ridge Village is now advertising in the Vail Daily. COMPANIES CONTACTED FOR POSSIBLE MASTER LEASES: No Companies were contacted this week because the manager was on vacation. Property Management Issues (incidents, major problems) Cleaned up the property and continuing with our Spring Clean up. Split rail fence repairs done through out the property. Part time summer help has arrived and we have started mowing the property Collection Issues Total Outstanding = $1,306.85 1. $1500.00 is employee rent that has not been credited 2. $ 1,454.17 Prepaid rent 3. $ 1,261.02 In unpaid rent Timber Ridge Village Weekly Report May 27, 2005 Overview: Occupancy and released overview: Total # of Units 200 Total # Occupied 108 Total # Vacant 92 Total # Vacant Preleased/Applications (incl. transfers) 0 Total # of Notice to Vacates (incl. transfers) 0 Total # of Leases Expiring this Month 0 Total # of Expirations that gave Notice 0 Total # of Wait List Applications 0 Total # of units available to lease 92 Leasin>? Report Summary Current occupancy is 95% of 114 units. There are 108 units occupied out of 114 units that have been made available to be leased. The occupancy rate for the units occupied compared to the units that are available for rent is 96% Occupancy based on the entire 200 units is 55%. Marketing Issues (concessions, traffic trends, new marketing tools) Timber Ridge Village is now advertising in the Vail Daily. COMPANIES CONTACTED FOR POSSIBLE MASTER LEASES: Eager Beaver Construction Jack 471-1950 Barrows Construction Wendy 926-3660 Property Mana>?emerit Issues (incidents, major problems) Cleaned up the property and continuing with our Spring Clean up. Vail Resorts called the police to evict A-12 resident, Apartment was re-keyed. Continuing the repairs to the vandalized apartments and storage closets On site staff has started tear out of select down units. Collection Issues Total Outstanding = -]01,818.15 1. $250 is employee rent that has not been collected, but not credited. 2. $1,261.02 is small.balances due from residents. RESOLUTION NO. I Series of 2005 A RESOLUTION APPROVING AND AUTHORIZING THE INTERGOVERNMENTAL AGREEMENT BY AND AMONG THE VAIL REINVESTMENT AUTHORITY, THE VAIL SQUARE METROPOLITAN DISTRICT NOS. 1, 2 AND 3, AND THE VAIL CORPORATION, D/B/A VAIL ASSOCIATES, INC. WHEREAS, proponents for the Vail Square Metropolitan District Nos. 1, 2 and 3 (the "Districts"), the Vail Reinvestment Authority ("Authority"), and The Vail Corporation (the "Parties") have agreed upon an Intergovernmental Agreement to be made by and among the Parties in the form attached hereto as Exhibit A (the "TIF Agreement"), for, among other purposes, transferring tax increment revenues to fund certain infrastructure; and WHEREAS, the adoption of the TIF Agreement is necessary and proper in furtherance of the authorized and mandated purposes and goals of the Authority; and WHEREAS, the actions under this Resolution comply with all applicable laws and regulations governing the Authority. NOW, THEREFORE, BE IT RESOLVED BY THE VAIL REINVESTMENT AUTHORITY: 1. That the Vail Reinvestment Authority approves the form of and will enter into the TIF Agreement by and among the Authority, the Vail Squaze Metropolitan District Nos. 1, 2 and 3, and The Vail Corporation, DB/A Vail Associates, Inc. regazding, among other things, the transfer of increment tax funding revenue from the Vail Reinvestment Authority to Vail Squaze Metropolitan District No. 1 or the other Districts at its direction for the purpose of funding certain infrastructure. 2. That the Vail Reinvestment Authority authorizes and directs its Executive Director to execute and deliver the TIF Agreement on behalf of the Authority in conjunction with the execution and delivery of the TIF Agreement by The Vail Corporation (or its successor in interest) and by the Districts subsequent to their formation. 3. That the Vail Reinvestment Authority hereby finds, determines and declares that this Resolution is necessary and proper for furthering the authorized and mandated goals and purposes of the Authority. vRA Rsoluiion No. I, Series 2005 INTRODUCED, READ, APPROVED AND ADOPTED this day of 2005, at Vail Municipal Building, 75 South Frontage Road, Vail, Colorado. Rodney E. Slifer, Chair ATTEST: Stanley B. Zemler, Secretary/Executive Director INTERGOVERNMENTAL AGREEMENT BETWEEN THE VAIL REINVESTMENT AUTHORITY, VAIL SQUARE METROPOLITAN DISTRICT NO.1, VAIL SQUARE METROPOLITAN DISTRICT N0.2, AND VAIL SQUARE METROPOLITAN DISTRICT N0.3, AND THE VAIL CORPORATION, d/b/a/ VAIL ASSOCIATES, INC. This INTERGOVERNMENTAL AGREEMENT is made effective as of the day of 2005, by and between the VAIL REINVESTMENT AUTHORITY, a body corporate duly organized and existing as an urban renewal authority under the laws of the State of Colorado, VAIL SQUARE METROPOLITAN DISTRICT Nos. 1, 2 and 3, quasi- municipal corporations and political subdivisions of the State of Colorado, and THE VAIL CORPORATION, d/b/a VAIL ASSOCIATES, INC., a Colorado Corporation. RECITALS WHEREAS, the Town, the Authority and Vail executed the Development Agreement (as defined below) to set forth their intentions regarding redevelopment of the area within the collective boundaries of the Districts; and WHEREAS, the Development Agreement required Vail to construct certain improvements, including the On-Site Streetscape Improvements, the Off-Site Streetscape Improvements and the Lionshead Place Improvements, and provided that if the Districts were formed and made a commitment to construct the District Improvements, the Authority would enter into an agreement with the Districts to transfer to the Districts the District Tax Increment Revenues; and WHEREAS, the formation of the Districts was conditionally approved by the Town in conjunction with the conditional approval of the Service Plan on May 3, 2005; and WHEREAS, the Town conditioned its approval of the Service Plan upon the Districts' commitment to execute atax-increment refunding agreement with the Authority in coordination with the Development Agreement, and the Parties intend this Agreement to fulfill that commitment, as well as to fulfill the obligation of the Authority to enter into an agreement with the Districts, as discussed above; and WHEREAS, the Districts intend to commit to construct or cause to be constructed the District Improvements under the Development Agreement; and WHEREAS, sections 31-25-105 and 31-25-112 of the Colorado Revised Statutes, and section 4.5 of the Urban Renewal Plan authorize the Authority to enter into contracts and agreements with other parties, including public bodies, for the purpose of aiding the Authority in execution of its projects, programs, works, operations, and activities; and WHEREAS, Article 1 of Title 32 of the Colorado Revised Statutes and the Service Plan authorize the Districts to enter into contracts affecting the affairs of the Districts, authorize the Districts to borrow money and to issue bonds, including revenue bonds, and authorize the Districts to construct, operate and maintain certain public improvements such as the District Improvements; and WHEREAS, the Urban Renewal Plan authorizes the Authority to revitalize areas within the Town of Vail by redeveloping.infrastructure therein, including but not limited to the District Improvements; and WHEREAS, the purposes for which the Districts were formed include the provision of the District Improvements and the undertaking of certain operation and maintenance obligations related thereto; and WHEREAS, the Parties desire for the Districts to enter into an agreement with the Authority for the purpose of aiding the Authority in execution of the Authority's projects, programs, works, operations and activities within the boundaries of the Districts; specifically, the Parties desire for the Authority to contract with the Districts to construct the District Improvements in accordance with the terms of the Development Agreement governing such construction, and undertake any operation and maintenance activities related thereto; and WHEREAS, under this Agreement and in consideration for the District's commitment to undertake construction of the District Improvements, the Authority will transfer to the Districts the District Tax Increment Revenues, to which the Authority would otherwise be entitled under the Urban Renewal Plan, as consideration for the Districts' assumption of Vail's obligation to construct the District Improvements; and WHEREAS, the Districts anticipate issuing the District Bonds to pay for construction of the District Improvements, the interest and principal payments of which the Districts intend to pay from various revenue streams, including but not limited to, funds received from the Authority pursuant to this Agreement, and the Parties recognize that the timely transfer of funds to the Districts pursuant to this Agreement will be critical for the Districts to comply with their obligations arising from the District Bonds as well certain other obligations and undertakings. NOW THEREFORE, for and in consideration of the covenants and mutual agreements herein contained, and of other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: SPECIFIC PROVISIONS 1. DEFINITIONS 2. a. Agreement means this Intergovernmental Agreement, executed and entered into by and among the Parties as of the date first written above. b. Authority means the Vail Reinvestment Authority, a body corporate duly organized and existing as an urban renewal authority under the laws of the State of Colorado. c. Base Valuation means, with respect to the area within the boundaries of the Districts, the total assessed valuation of all taxable property last certified by the assessor prior to the effective date of the original approval of the Urban Renewal Plan. d. Core Site Property means a parcel of property located in Eagle County, Colorado, and more specifically described in Exhibit A, attached hereto and incorporated herein. e. Development Agreement means the Core Site Development Agreement entered into by and among the Town, the Authority and Vail, dated November 8, 2004, as may be amended or supplemented from time to time. f. District Bonds means bonds, notes, or any other instrument (including but not limited to contract-based obligations such as loan agreements and reimbursement agreements between the Districts and Vail or other private parties), or any combination thereof issued by one or more of the Districts for the purpose of financing the District Improvements, and secured in whole or in part by a Pledge of ad valorem property taxes imposed by the Districts and/or District Tax Increment Revenues paid to the Districts by the Authority pursuant to this Agreement. g. District IGA means an intergovernmental agreement as described in section 3.a.(2). h. District Improvements means the On-Site Streetscape Improvements, the Off-Site Streetscape Improvements and the Lionshead.Place Improvements, collectively. i. District Tax Increment Revenues means the amount of ad valorem property taxes or levies collected on the Increment Valuation of all taxable property located within the boundaries of the Districts as a result of ad valorem taxes or levies imposed by the Districts for both operations. and maintenance purposes as well as for payment of debt service on District Bonds. j. Districts means Vail Square Metropolitan District No. 1, Vail Square Metropolitan District No. 2 and Vail Square Metropolitan District No. 3, collectively. k. Increment Valuation means, with respect to the area within the boundaries of the Districts, the amount of assessed valuation, as established from time to time, on all taxable properties therein, which exceeds the Base Valuation, if any. 1. Lionshead Place Improvements shall have the meaning set forth in the Development Agreement. 3 m. Off-Site Streetscape Improvements shall have the meaning set forth in the Development Agreement. n. On-Site Streetscape Improvements shall have the meaning set forth in the Development Agreement. o. Party and Parties mean one or more of the following as indicated by context: the Authority, one or more of the Districts, and/or Vail. p. Pledge means such assignment, conveyance, promise to. pay, remittance or other transfer as may be customary and necessary or appropriate to make fully available for payment of District Bonds any District Tax Increment Revenues. q. Section xx means a section of this Agreement as indicated by the section numbers herein. r. Service District means Vail Square Metropolitan District No. 1. s. Service Plan means the Consolidated Service Plan for the Vail Square Metropolitan District Nos. 1, 2 and 3, conditionally approved on May 3, 2005, as amended from time to time. t. Taxing Districts means Vail Square Metropolitan District No. 2 and Vail Square Metropolitan District No. 3, collectively. u. Town means the Town of Vail, ahome-rule municipal corporation and political subdivision of the State of Colorado. v. Urban Renewal Plan means the Lionshead Public Facilities Development Plan of the Vail Reinvestment Authority, as adopted by the Town of Vail in March 2004, and as amended in June, 2005, and as may be further amended from time to time. w. Vail means The Vail Corporation, d/b/a Vail Associates, Inc., a Colorado Corporation, and any successor thereto in accordance with the terms hereof. 2. Transfer and Pledge of District Tax Increment Revenues. a. Transfers for Operations and Maintenance Functions. In order to provide for operating revenues to allow the Districts to perform their governmental functions (including the performance of its obligations under this Agreement), and, following construction of District Improvements, to enable the Districts to operate, maintain and repair such District Improvements (to the extent- such District Improvements are not dedicated to the Town or other entity), the Districts intend to impose an operating mill levy upon property within the Districts. The Authority will transfer revenues generated from the Districts' operating mill levy as provided herein: When the Authority receives any portion of the District Tax Increment Revenues 4 generated from the operating mill levy, it shall immediately pay over, or cause the payment over of such District Tax Increment Revenues directly to the Service District, in immediately available funds, (which transfer shall be accompanied by a copy of any statements received by the Authority in conjunction with receipt of the District Tax Increment Revenues). b. Pledge of District Tax Increment Revenues for Debt Service. In connection with the issuance of District Bonds, and pursuant to the written direction of the Service District, the Authority will Pledge and pay to the Districts (or any one of them in accordance with the requirements of the District Bonds), or to any trustee or escrow, agent engaged to administer receipts and payments in connection with the District Bonds all of the District Tax Increment Revenues, except those revenues to be transferred to the Districts pursuant to Section 2.a. hereof. The Pledge shall take such form and contain such terms as may then be required in order permif the issuance of District Bonds, subject to the approval of the Authority, which will not be unreasonably withheld consistent with the intent of the parties hereto that a Pledge sufficient to support the issuance of the District Bonds as if the District were levying and collecting the District Tax Increment Revenues directly. If and when the Authority receives any portion of the District Tax Increment Revenues, it shall immediately pay over, or cause the payment over of such District Tax Increment Revenues directly to the Service District, in immediately available funds, (which transfer shall be accompanied by a copy of any statements received by the Authority in conjunction with receipt of the District Tax Increment Revenues). Alternatively, pursuant to the written direction of the Service District, and if consented to by the Eagle County Treasurer, the District Tax Increment Revenues shall be paid directly to the Districts (or any one of them in accordance with the requirements of the District Bonds or otherwise per the direction of the Service District), or to any trustee or escrow agent engaged to administer receipts and payments in connection with the District Bonds. 3. Parties' Obli atg ions. a. Districts' Obligations. (1) The Districts hereby agree to use their best efforts to obtain financing for construction of the District Improvements, including but not limited to financing from private developer entities. Contingent upon the District's ability to obtain financing for construction of the District Improvements, and otherwise subject to the provisions of Paragraph 4 hereof, the Districts will construct the District Improvements to the extent required by the Development Agreement and as permitted in the Service Plan, in compliance with applicable requirements imposed by all state and local authorities with proper jurisdiction pursuant to applicable laws, and consistent with the Urban Renewal Plan. Following construction, and as contemplated by the Development Agreement, and to the extent of available funds, the Districts shall conduct (or cause to be conducted) such operations and maintenance activities as may be necessary for those District Improvements that are not dedicated to other governmental entities, in order to assure that the District Improvements confer the benefits intended. (2) The Districts shall proceed to negotiate and execute the District IGA by -and among themselves to manage and coordinate construction of the District Improvements. The District IGA shall contain provisions under which the Service District will 5 be the party entitled to direct the receipt and expenditure of the District Tax Increment Revenues on behalf of the Districts in accordance with the Service Plan. The obligations of this Section 2(a)(ii) shall be deemed fulfilled if such an intergovernmental agreement already exists or if the _ - -- - --- Districts amend an existing intergovernmental agreement so as to conform to the requirements set forth in this Section 2(a)(ii). (3) The Districts shall keep proper books of record and account, in which full and correct entries shall be made of financial transactions and the assets and operations of the Districts in accordance with generally accepted accounting principles to the extent applicable to governmental entities. (4) At any reasonable time, from time to time and as may be reasonably requested, the Districts shall permit other Parties or any of their respective agents or representatives to examine and make copies of the abstracts from the minutes; records and books of account of,: and visit the properties of the Districts. b. Authority's Obligations. In addition to its obligations in Section 1 of this Agreement, the Authority agrees to the following: (1) The Authority shall keep proper books of record and account, in which entries of all transfers of District Tax Increment Revenues pursuant to Section 1 shall be made, and shall make such books available, at any reasonable time, from time to time and as may be reasonably requested; to the other Parties or their respective agents or representatives for examination and the making of copies from such books; and : ,. (2) ,...The,:.. Authority .acknowledges and. agrees .that, ,. as - might be necessary, the Districts may negotiate. for and obtain certain security or credit enhancement for the District Bonds from- persons -which as of the date hereof own property within the Districts. The Authority further acknowledges and agrees that if it breaches this Agreement, such breach may result in the inability of the Districts to comply with obligations owing- to such. persons in connection. with security or:, credit enhancements for the.. District. Bonds: Consequently, the ,,, ~ _ Authority agrees that it shall not be entitled to terminate this. Agreement except pursuant to the express provision's of Section 7 below; and that this Agreements intended to be strictly enforced and will be specifically enforceable to the -maximum extent permitted by law. Nothing in this paragraph shall be construed as granting any rights to third parties; and ' . ::~ ' (3} The Authority acknowledges and agrees that the Districts intend to issue the District Bonds in 'the future, and the District Bonds-will be issued in reliance upon the Authority's obligations to transfer the District Tax Increment Revenues to the Districts consistent with `the provisions "of this 'Agreement'.` COnsequently; -the Authority agrees that trustees and` .bondholders related o the issuance of;the.District Bonds. shall be considered intended third party -,. beneficiaries of thisAgreement with rights, to enforce this Agreement with respecf to the transfer ' ~ of District Tax Increment~Revenues as: set forth. herein. The Authority further. acknowledges that a breach 'of its duties to pay; over the.; District Tax Increment Revenues .to the Service District- - under Section 2 may result ,in the inability of the Districts to perform their duties regarding. 6 maintenance of portions of the District Improvements in accordance with the Development Agreement. (4) The Authority agrees to take all commercially reasonable action reasonably necessary to cause Eagle County to pay to the Authority (or, in the event direct payment to those parties permitted in Pazagraph 2 hereof, then to such parties directly) the District Tax Increment Revenues. In the event Eagle County fails to do so in whole or in part, the Authority agrees to take all commercially reasonable action necessary to effect a direct cause of action and exercise its full right and authority to collect the District Tax Increment Revenues. The costs of such collection shall be offset against the District Tax Increment Revenues. 4. Assignment of Vail's Obligations Under Development Agreement. With respect to Vail's rights and obligations under the Development Agreement to construct, operate and/or maintain the Off-Site Streetscape Improvements, the On-Site Streetscape Improvements and the Lionshead Place Improvements, Vail hereby assigns and delegates, respectively, such rights and obligations, to the Districts, and the Districts, cumulatively with their direct obligations to the Authority under this agreement, to the extent of available funds, and otherwise subject to the Districts Service Plan, hereby accept assignment and delegation of such rights and obligations and assume Vail's obligations to construct, operate and/or maintain the same (the "Assignment"). The parties agree and acknowledge that the Districts' financing capability is limited and that the Districts will not be able to finance all of the District Improvements; accordingly, this Assignment shall be subject to the designation of specific projects or types of improvements in the future based on the then-current information concerning the Districts' financing capabilities. Vail shall take no action that could impair the ability of the Districts to construct or obtain financing for construction of the District Improvements. 5. Events of Default and Remedies. a. Default. The occurrence of any of the following events shall bean "Event of Default" hereunder, unless waived by the non-defaulting party pursuant to Section 5 hereof (1) Subject to the provisions of Paragraph 4 hereof, the failure of the Districts to make a good faith effort to construct the District Improvements or issue debt necessary to construct the District Improvements to the extent required by the Development Agreement; or (2) The failure to pay any payment within five (5) business days of the date upon which the same shall become due and payable as provided herein and to cure such failure within three (3) business days of receipt of notice from the Service District of such failure; or (3) The failure of the Authority to provide copies of any statements received by the Authority in conjunction with receipt and payment over to the Service District of the District Tax Increment Revenues; or 7 (4) The filing of a voluntary petition under federal or state bankruptcy or insolvency laws by the Districts or the Authority or the appointment of a receiver for any of the Authority's assets which are not remedied or cured within thirty (30) days of such filing or appointment. b. Remedies. Whenever any Event of Default shall have occurred and is continuing, the non-defaulting party may take whatever action at law or in equity which may appear necessary or desirable to enforce performance and observance of any obligation, agreement or covenant of the defaulting Party under this Agreement. c. Payments During Liti ag tion. The Authority acknowledges and agrees that during the pendency of any litigation which may arise hereunder, all payments owing under this Agreement shall be made by the Authority for the purpose of enabling the Districts to make payments on the District Bonds and to perform maintenance and other authorized functions, until such claims have been finally adjudicated. Only upon such final adjudication may the Authority then seek to recover any payments the Authority believes the Districts were not entitled to, by actions at law or in equity for damages or specific performance, respectively. d. Inability to Obtain Financing to Construct District Improvements. If, despite the Districts' best efforts, the Districts are unable, for any reason, to obtain financing for the District Improvements designated to be constructed by the Districts in accordance with the Assignment referenced in Paragraph 4 hereof, or are unable to construct said District Improvements, then to the .extent of the Districts' inability to obtain financing, this Agreement shall be considered null and void and all obligations owing hereunder shall be unenforceable. 6. Amendments and Waivers. No .amendment or waiver of any. provision of this Agreement nor consent to any departure by any Party from any of its obligations hereunder shall in any event be effective unless the same be in writing ,and signed by the Parties, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which such waiver or consent is given. 7. Obligations Absolute. The obligations of the parties hereunder shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the .terms of this Agreement. The Parties' obligations shall be specifically enforceable and time shall be of the essence. Without limitation of the foregoing, the Parties' obligations shall not_be affected by any of the following circumstances: a. Any lack of validity or enforceability of the District Bonds or any document or instrument relating thereto; b: Any amendment or waiver of; or any consent to departure from, the terms of this Agreement; or c. 'The existence of any claim, counterclaim, setoff, defense or other right which any Party may have at any time against any of the other Parties;- whether in connection 8 with this Agreement or any unrelated agreement or transaction, and all funds owing hereunder shall be paid without any setoff or reduction. Termination. This Agreement shall terminate upon the earlier of: a. Expiration of the power of the Authority to utilize tax increment funds; or b. Acknowledgment, in writing, by the Districts, that the Districts have paid all capital costs and satisfied all obligations with respect to the costs of constructing the District Improvements, including costs of issuance of and principal and interest paid for debt used to finance construction of the District Improvements, together with the execution of a supplemental agreement to address remaining maintenance functions of the Districts. 9. Assi cum. No Party may assign this Agreement or parts hereof or its duties hereunder without the express written consent of the other Parties; provided, however, that any of the Districts may assign any or all of its rights and obligations herein to an assignee without the consent of the Authority so long as such assignee assumes such rights and obligations of the assigning District as set forth herein. Such assignment by a District in accordance with the terms set forth herein shall release such assigning District from such assigned and assumed duties and obligations. 10. Authorization. Each Party represents to the other that it has taken all action necessary to enable it to enter into this Agreement, and that the persons whose signatures appear below are authorized to execute this Agreement and bind their respective Parties to the terms hereof. 11. Third Party Beneficiaries. Except as expressly provided in this Agreement, this Agreement is not intended to give any rights to third parties, and no such third party who is not a party to this Agreement shall be entitled to enforce any provision hereof or claim any damages arising from a breach hereof. 12. Notices. All payments, notices, and other communications provided for hereunder shall be effective upon being sent by registered or certified mail, postage fully prepaid, addressed to the respective parties as follows: To the Districts: Vail Square Metropolitan District Nos. 1, 2 and 3 Attn: William P. Ankele, Jr. White, Bear & Ankele Professional Corporation 1805 Shea Center Drive, Suite 100 Highlands Ranch, CO 80129 To Vail: Vail Associates, Inc. Attn: 9 To the Town: Town of Vail Attn: With a copy to: To the Authority Vail Reinvestment Authority Attn: 13. Miscellaneous a. Subject to and without limitation of the provisions hereof restricting or limiting rights of assignment and transfer, all of the terms, covenants, conditions and agreements herein set forth shall be binding upon and shall inure to the benefit of Vail, the Authority, and the Districts and their respective successors and assigns. b. This Agreement and the provisions hereof shall be governed by and construed in accordance with the laws of the State of Colorado. c. If any provision of this Agreement or the application thereof to any party or circumstance is determined to be invalid, illegal or unenforceable to any extent, the remainder of this Agreement and the application thereof shall not be affected and shall be enforceable to the fullest extent permitted by law. d. This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which shall constitute one and the same instrument. e. This Agreement constitutes the entire agreement between the Parties hereto relating to the matters set forth herein, and sets forth the rights, duties and obligations of each Party. Any prior agreements, promises, negotiations or representations not expressly set forth in this Agreement are of no force and effect. f. The ,various headings and numbers herein and the grouping of the provisions of this Agreement into separate Sections or paragraphs are for information and convenience only and do not limit or construe the contents of any provision hereof. g; If any Party brings any action or proceeding to enforce, protect or establish any right or remedy, the prevailing Parry shall be entitled to recover reasonable attorneys' fees and costs to be fixed.by the court wherein such judgment is entered. 1.0 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their respective officers as of the date first above written. VSMD\AGTS\v4 JPP0110061405 0801.0302 VAIL REINVESTMENT AUTHORITY By: _ Name: Title: THE VAIL CORPORATION DB/A VAIL ASSOCIATES, INC. By: _ Name: Title: VAIL SQUARE METROPOLITAN DISTRICT NO. 1 By: Name: Title: VAIL SQUARE METROPOLITAN DISTRICT N0.2 By: Name: Title: VAIL SQUARE METROPOLITAN DISTRICT NO. 3 By: Name: Title: 11 EXHIBIT A CORE SITE PROPERTY Lot 4, Block 1, and Tract D, VaiULionshead First Filing, according to the plat recorded May 10, 1970, in Book 217 at Page 675; Tract C, VaiULionshead First Filing, according to the plat recorded May 10, 1970, in Book 217 at Page 675, but excluding therefrom those portions conveyed to the Town of Vail in deeds recorded in Book 560 at Page 180 and in Book 389 at Page 502; Tract C, Vail/Lionshead Third Filing, according to the plat recorded October 15, 1971, in Book 221 at Page 992, but excluding therefrom that portion conveyed to the Town of Vail in deed recorded in Book 560 at Page 180, and excepting portions thereof included within Concert Hall Plaza Condominiums according to the Condominium Map recorded in Book 286 at Page 698; and .. Lot 2, Block 1, Tract G and Tract H, Vail/Lionshead Third Filing, according to the plat recorded October 15, 1971 in Book 221 at Page 992; ' County of Eagle, State of Colorado. aDOS Fah~l,~y ~~~u~s~`5 DRAFT ~ - ,~. .` w `'~~-, .~ fp I°~ ~~ l; 9d tra ~~~ ~/ ` ;t J .o- ~• ~ 1~ ~~ } ,,,~, yy:.-sv rs. ;$`Y K" 1~ /~0' ~~.i h ~, .~~ Ls~i}jM ~i ~~~ • : ~~~~ J.. k g Mfr, f k ~ti ~ ~ ~' \ ,Pi• ~S`t .1:.. ~'..ru- ~t'~ r ,. ~~~ ~~ 7 ~' ~ k J r'b ~. "~ ~~?x :S ``:• 23 of 23 -~ Contribution Request Spreadsheet 6 7 8 9 10 ll 12 13 E 14 14 14 14 14 14 15 16 17 18 18 19 20 21 22 23 24 25 38 34 26 TOWN OI' ~ V I I l 'Yl)11VG REQUF.SI GENERAL FUNU t,ontributions: 2005 Cash Final 2005 In-Kind Final 2005 In-Kind Value Final 2006 Cash Request 2006In-Kind Request 2006In- Kind Value Request Manager's Recommendations In-Kind Cash In-Kind Value ECONOMIC: Bmvo! Colorado/New York Philharmonic 95,000 100,000 Bravo! Colorado 21,375 15 Ford Park Pettnits 1,350 25,000 15 Ford Pazk Permits 1,350 Colorado Ski Museum 20,000 Teva Mountain Games 80,000 Teva In-Kind PD,Bleacher,Trash,etc. 7,640 Vail Jazz Foundation/Howazd Stone Vail Jazz Festival's Labor Da Weekend Part , Se t. 1-4, 06 6,650 I Blue Pass 825 15,000 1 Blue Pass 82S Vail Chamber & Business Association (VCBA) Colorado Snow Sports Expo IS,347 LionsHead Passport/Free Gondola Ride Program 233,075 Premier Impressions 25,000 41,734 1 Blue Pass 82S Vail Gifr Card 0 14,700 Vail Guide 25,000 36,740 Vail Loves You Coupon Book 5,355 8,345 Web Site 0 1 ],555 Vail Farmers' Market 5,000 Traffic, buses, si 2,250 Traffic, buses, si 8,000 Vail Valle Foundation Birds of Prey (Dec. 1-4, OS) ADA & ublic transit 10,000 ADA & ublic transit 14,000 The Session (Snowboazd Invitational-Jan. 12-15, 06) Parkin 2,500 Parkin 3,000 American Ski Classic (Mar. 22-26, 06) Parkin ~ 2,500 Parkin 3,000 Winter Concert Series/Street Beat 16,571 PD & PW su ort 6,000 28,500 PD & PW su rt 6,500 Vail [ntemational Dance Festival 12,500 22,250 Gerald R. Ford Am hitheater (Hot Summer Ni ts) 20,000 PD resence 2,800 25,000 PD resence 2,800 Vail Valle Chamber & Tourism Bureau/Frank Johnson Vail Concierge Nights Program 5,000 Im rove Local Econom ~ 0 5,000 Events & Information Staff Parkin 6 Blue Passes 4,950 Information Booths 170675 Lodging Occupancy Forecast Report 10,000 Secure Commercial Atr Serv. to EGE Airport 10,000 (Admin. Costs to many a ro ram) 1,000 TOV Communi Host Pro am 27 Blue asses (Info B.) 22,275 25 Blue Passes 20,625 Commission on Special Events TOTi.LECONfIMI(! _ - 590.000 ~7i_I?ir 1 Rh~e Pa~~ -- hi 825 ~G.3 ~ 730,000 1 Blue Pass 82S I:SJt~_~1G` ~I~ r,y,3~J~F o'i EvT~cn°rIaNAI Colorado Mountain Colle a H.E.R.O. 5,000 Ea le Valle Alliance for Sustainabili IS,000 Vehicle, Com Dr. lic. 5,200 (Cont.) Use of staffNail 3,000 Freedom Park Memorial Committee 100,000 Shaw Outreach Team (Cancer Carin House) 15,000 Vail Leadership Instimte (America's Rising Stars) 9,000 Vail S osium (cash or Donovan usa e) I,S00 Vail Valley Exchange 6,000 1 Blue Pass 82S Vail Valley Institute _ 2500 --- TOTAL I:DTiC.~1T10NA1 _- -- 500 I -- 2,500 _ 0' - u' _ (540(H)~ - - _ of 9035. 0' ~ u - - 2005 Cash Final 2005 [o-Kind Final 2005 In-Kind Value Final 2006 Cash Request 20061n-Kiod Request 20061n- Kind Value Request Manager's Recommendations In-Kind Cash In-Kind Value RECREATION Battle Mountain Ht Jchool Jkt team 500 arkin cou ons 2,500 500 arkin cou ns 2,500 Battle Mountain Huskies Hocke Booster Club 79 hrs. ice, arkin 10,000 Skatin ~ Club of Vail (Dec OS & Jul 12-16, 06 9 da s of ice 11,891 9 da s of ice 11,891 Ski & Snowboard Club Vail (Oct 26-29, 06 4 da s of ice 5.285 4 da s of ice 5,285 Snowshoe Shuf77e-Sarah Ladd (A ril I, 06 Parkin ~ 4,000 800-1000 arkin 8,000 S cialOl ics(Jan.8,15,22,29,Feb.5,12,19,26,06 70 arkin cou ns 1,120 80 azkin>cou ons 1,280 Vail Junior Hocke Association 9 da s of ice 11,891 9 da s of ice l 1,891 VVMC Luncheott/Stvle Show (Apr. 12.061 IJB I'n 'AL RCONTR[BUTIONS ~ _- _ _,~~ -) i- C>~[i 500-600 I dav~rkine 4.000 '~ 40,68'7 t c n~ ---T--JtY,J - -- ' l Lso- 4e 500-600 1 day parking -- i i1 -- 4,000 i4,k4': ~ z3,2(? - ~ ~i i~ - . -- - -- - - - _ _ _ I ARRANGEMENTS and 4GREFNIENTS: Vail Valle Comm. TV/Ch5 (38% of franchise fee) 57,000 57,000 Ca ital Im rovement 10,000 Youth Reco ition Award 7,000 7,000 Ea le Valle Child Care added 11/03) 30,000 30,000 Vail Memorial Park (Endowment Fund 50,000 VailVallevAthlete<'ommission - 4.750 51 B I OTAL - ARRANGEMENTS and ACRLEML;iV'1 ~ _ ~K 50 I - _ t U C .R4\llTQT 11. t,lOerll~ Eund __ _- - _ 1 09A 376 _ _ ~ 9t,A6 ~ ~ 1.7.yU~236 _ i _ L1 i,26~ U U - f_.__ _ U _ KeulrLatatc'1'rau.fu Eyi 1 und: __ :~ -_ Eagle kiver Watershed/Caroline Bradford 100,000 100,000 River & Communi Pride H Clean U Be Ford AI ine Garden Foundation Operating Support 50,000 50,000 Educational Interpretive Stations in the Main Garden 30,000 Pavers between the main Garden & Children's Garden 20,000 Pond re-grade & construction 35,000 Plant Material 5,000 10%u contingency 4.000 TOTAL - - - Grand TMnI I ~__ a Y..881.7,6 -_ 0 ~ _ ,. ~vn,!16Z ~U0009 _ -- ..I,9i6,246~ _ !'T r- - , ll __- UI .] i3.'6.. '' - - u _ - n~ it -__ _ iT DONOVAN PAVILION USE --- -- - - WCTB 1 da No Vail S mposium or $1500.00 1 da Yes 5 weekda evenin s 8,500 TOV 3 da s Yes APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Fri. July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, Colorado 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK Name of organization: 2. Contact person: 3. Mailing address: 4. Telephone: 5. E-mail address: Bravo! Vail Valley Music Festival John W. Giovando, Executive Director P.O. Box 2270, Vail, CO 81658 970-827-5700 jgiovandoC°3vailmusicfestival.org 6. Members and Titles of your governing board Fiscal Year 2006: Steven Pope, Chairman; Doug Tansill, Vice-Chairman; Tim Dalton Treasurer; Barbara Treat, Secretary 7. Amount of contribution requested: $125,000 A. $25,000 general operating, artistic and marketing support as in past years together with 15 Ford Park Parking Permits during the 19th Season Concert Dates at the Ford Amphitheater. Permits to be used by conductors, concerto artists, and senior staff. B. $100,000 for the New York Philharmonic-Vail Residency. Funds to be applied for artistic and special artistic expenses together with national and regional marketing for the 19th Season, Summer 2006. This will mark the first year of the new three-year agreement with the Philharmonic in Vail. Please note that, in 2003, the Town of Vail awarded $100,000, but in 2004, the Bravo! Festival voluntarily reduced the request by 5% to match the Town of Vail's 5% decrease in budget due to the aftermath of the events of September 11, 2001. 8. Organization fiscal year-end: September 30 annually 9. Are your books audited? Yes 3 11. How will the contribution be used? A) Grant funds in the amount of $25,000 from the Town of Vail will be applied directly toward the 2006 general operating, artistic and marketing expenses of the Festival as in past years and (B) $100,000 directly toward the 2006 New York Philharmonic-Vail Residency artistic, special artistic and marketing expenses. 12. How does your request support item 1C of the contribution policy? Please see attached 13. Who currently funds your organization (other governments, private donations, user fees etc.)? The Bravo! Festival receives funding support form private and family foundations, state and local government, corporate and business enterprises, individuals, and membership fees from the local community Guild. Earned income is generated through ticket sales, program advertising, concession sales, and bank interest revenue. 14. Organization's mission statement: To enhance the cultural life of the Vail Valley through the organization and presentation of classical and popular music programs at the highest international artistic level. To foster the performing arts -music, dance and theater - in the Vail Valley. To promote public education in the arts. To provide an additional cultural dimension to the summer season that encourages part time residents to spend more time in the Vail Valley and attract summer visitors in larger numbers for longer stays thereby contributing to the cultural and economic well being of the Vail Valley. (If more room is needed to answer questions, please use the back of this page.) APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Most Recent Completed Fiscal Year: September 30, 2004* Instructions: Round all figures to the nearest dollar. Please present in as much detail as possible. Current Assets: Cash and cash equivalents Unrestricted funds $690,000 Restricted funds 310,380 Operating restricted funds 750,000 Investments 550,476 Accounts Receivable 139,288 Prepaid expenses (donor restricted - 2004) 87,275 Total Current Assets 2,527,419 Fixed Assets: Leasehold Improvements 93,428 Less: Accumulated amortization (46,178) Furniture, fixtures, equipment 224,469 Less: Accumulated depreciation (103,196) Net Fixed Assets 168,523 Total Assets: 2,695,942 Liabilities: Current/Non-Current Liabilities Accounts payable $ 26,351 Salaries payable _0_ Payroll taxes payable 6,737 Interest Payable _0_ Lease payable 21,217 Loan payable, Piano (current) 14,513 Loan payable -Piano (non-current 19,440 Deferred obligation, (non-current) 363,387 Total Liabilities: 451,645 Total Assets: 2,695,942 Total Liabilities: 451,645 Net Worth (Total Assets Minus Total Liabilities) 2,244,297 *Please Note: Most recent completed fiscal year at time of application due date: September 30, 2004 5 APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses Instructions: Round all figures to the nearest dollar. Please present as much detail as possible. Revenues: (List by funding source) Ticket Sales CorporateBusiness Contributions Private Foundations Family Foundations Friends of the Dallas Symphony Friends of the New York Philharmonic Individual Contributions Bravo! Primer Soiree Series National Endowment for the Arts/Colorado Council Goldstein Artistic Projects Town of Vail, New York Philharmonic Town of Vail, General Operating/Marketing/Artistic Town of Avon/Eagle County Bravo! Membership Guild Bravo! Benefit Fundraiser Program Advertising Gala Dinner/Auction Misc. Income Interest Income Endowment Support Festival Receptions Winter Vilar Soiree Reimbursements Project Income Facility Fees In-Kind Contributions Total Revenues: Expenses: Artist Fees/Expenses Special Artistic/Production Marketing/Fund Raising Administration Salaries/TaxesBenefits/Workman's Comp. In-Kind Expenses: Corporate/Individual Advertising Production Orchestra/Artistic Fees Housing Total Expenses: Total Revenues Minus Total Expenses: $ 0 6 Current Fiscal Year - 2005 Budget - 2005 $ 905,000 200,000 140,000 320,000 100,000 655,000 625,000 15,000 75,000 20,800 25,000 95,000 21,375 25,000 7,500 0 130,000 150,000 825 15,000 15,000 5,000 15,000 24,000 3,000 28,000 2,500,000 $6,115,500 $1,918,100 199, 800 461,000 208,800 827,800 408,352 318,132 274,040 891,576 607,900 $6,115,500 12. How does your request support item 1C of the contribution policy? a) A positive, sustained economic climate The 2006 Season of Bravo! will serve an estimated 60,000 concert-goers through the production of 18 orchestral concerts, 2 free orchestral youth programs, and 1 free Patriotic Concert, all at the Ford Amphitheater in Vail together with: 16 chamber music concerts throughout the Vail Valley 40 out-door concerts throughout the Vail Valley by the Festival's "Young Artist Ensemble-in- residence Program," The Hyperion Quartet 25 student programs including Strings in the Schools and the Public Library concert series "Live at the Library" designed for children ages 3 to 7 During the 2005 season, the Festival brought into Vail over 400 performing artists including three professional orchestras: The New York Philharmonic, the Dallas Symphony Orchestra and the Rochester Philharmonic together with 8 conductors, 40 soloists, 1 student string ensemble and 35 orchestral support staff. Approximately 400 family members and guests accompanied the musicians. An estimated 40% of ticket buyers came from outside Eagle County, Colorado. The performing arts are approximately 50% of the draw to the Vail during the summer months which account for a substantial economic impact to the region thus helping to support a positive, sustained economic climate in the Valley. This impact can be measured by documented increases in room reservations and retail sales. In addition the Festival brings national recognition to the Valley through the presentation of the New York Philharmonic together with the broadcast of over 40 chamber music works on National Public Radio, Performance Today, reaching an estimated six million people per program through 229 member stations. The Festival received major national coverage from the metropolitan areas of Denver, Los Angeles, San Francisco, Phoenix, Albuquerque, Chicago, St. Louis, Boston, New York, Philadelphia, Washington, Rochester, Atlanta, Dallas, Houston, and Miami. The Festival averaged 10,000 "visits" a month on its web site during the last 12-month period. The 19th Season of 2006 is now scheduled for June 28-August 3, for which funding is requested. The Festival will again feature the New York Philharmonic, in the first year of its renewed, three-year agreement, and will again bring a new luster of excitement to Vail. Thank you for this very vital support to Bravo for the 2006 Season. b) An environmentally sensitivity high quality of life The Bravo! Festival helps to provide and sustain a high quality of life in the Vail by presenting a positive and superior cultural experience for resident and visitor alike in its professional production of over 100 concerts and events annually together with 115 open rehearsals. The concerts incorporate orchestra, chamber music, pop/folk, and student programs thus providing an abundance of cultural opportunities. The Bravo! Festival is committed to setting the highest international standard of excellence in the performing arts and to creating a strong sense of community and pride for the Vail community through the arts. Music enriches all of our lives. It is a universal language of mankind and is indeed environmentally sensitive. 7 APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Friday July 29, 2005 by 5:00 P.M. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, CO 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK. 1. Name of Organization: Colorado Ski Museum /Colorado Ski and Snowboard Hall of Fame 2. Contact person: Justin Henderson, Interim Executive Director 3. Mailing address: PO Box 1976, Vail, CO 81657 4. Telephone:970-476-1876 5. Email address: infoCa~skimuseum.net 6. Members and titles of your governing board: David Gorsuch, Chairman, Jamie Duke, Treasurer; Hart Axley, Vice Chairman; Chuck Schovinger, Secretary 7. Amount of contribution requested: $20,000 8. Organization fiscal year-end: September 30 9. Are your books audited? No, however, a CPA reviews our books and files an annual report with the Museum's Board of Directors. 10. How will the contribution be used? The Colorado Ski Museum is one of the first impressions that many visitors to Vail have upon entering Vail Village from the Transportation Center. It also is a place where visitors and residents alike convene on both snowy days and hot summer days to learn more about the special community that makes up Vail. Upon entering the Museum, these visitors are greeted by warm, friendly volunteers and staff who are eager to share Vail's and Colorado's skiing history. However, these visitors also are greeted by old, unsightly carpeting that is approximately 15 years old. A $20,000 contribution from the Town of Vail will be used to replace the carpeting in this Town of Vail building. New carpet will project the fresh, clean, positive image that Vail wants to evoke for visitors. The Ski Museum provides superior customer service on a daily basis to Vail's visitors and residents. However, their first impression upon entering the museum is a sub- standard carpet that does not convey an image of a superior mountain resort community. An investment of $20,000 from the Town Of Vail for the replacement of the carpet will result in an image that the Town- wants to convey to their visitors. The $20,000 price includes carpeting, adhesive, and labor to remove the old carpet and install new carpet. 11. How does your request support item 1C of the contribution policy? For over 130 years, Colorado has been making skiing history. From the early trappers and miners of the late 1800s, to the competitive high tech racers of today, Colorado has constantly made its mark on the skiing world. The state has contributed competitors, world class racers and team coaches. It has been home to some of the best skiing and snowboarding in the world. It is natural that the Colorado Ski Museum/Hall of Fame be located in Vail, the state's premier mountain resort community. As a cultural and recreational resource in Vail, more than 20,000 people visited the Colorado Ski Museum last year. While no concrete ancillary spending numbers are available, using the Colorado Business Committee for the Arts' figures for the Denver Metro area, each visitor to a cultural institution spends, on average, $37 in dining out and shopping. Applied to the Colorado Ski Museum, this translates into $740,000 in direct economic impact on the Town of Vail each year. Providing a positive visitor experience at the Colorado Ski Museum directly correlates to the future health of the Town of Vail. 12. Who currently funds your organization (other governments, private donations, user fees, etc.)? The majority of funds to operate the Colorado Ski Museum (79%) are from earned income through special events and the Museum's gift shop. Other sources of revenue include membership dues (17%) and general contributions (4%). 13. Organization's mission statement: The Colorado Ski Museum/Colorado Ski & Snowboard Hall of Fame preserves and interprets the history of skiing and snowboarding; honors those individuals who have made significant contributions to the sport; and informs the public about Colorado's rich skiing legacy. The Colorado Ski Museum/Hall of Fame was established in 1976. The Museum is a private, non-profit organization funded primarily by memberships and special events. Within the Museum's collection are over 1,500 photographs, artifacts, pieces of equipment, and articles of clothing representing over 130 years of Colorado skiing. Exhibits on display include a timeline of Colorado skiing, Olympic and World Cup memorabilia, 10th Mountain Division, the Evolution of snowboarding, and the Spirit of America's Champions. APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet ASSETS Current Assets Total Checking/Savings 21,000.41 Total Accounts Receivable 4,834.37 Total Other Current Assets 2 Total Current Assets q Fixed Assets Total Collections 40,000.00 Total Property and Equipment Total Fixed Assets 4 TOTAL ASSETS g~72~2 LIABILITIES & EQUITY Liabilities Current Liabilities Total Accounts Payable 29,388.03 Other Current Liabilities 1700 • Line of Credit 21,641.22 Total 2100 • Payroll Liabilities 1,249.45 2200 • Sales Tax Payable 243.70 Total Other Current Liability Total Other Current Liabilities 2 Total Current Liabilities 5 Total Liabilities 5 Equity 3900 • Retained Earnings 27,974.10 Net Income 14,229.02 Total Equity q2 203 12 TOTAL LIABILITIES 8 EQUITY g~ •52 Page 1 of 1 APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and uses 2004-2005 Budget Ordinary Income/Expense Income Tota14030 • Event Income 200,000.00 Total 4041 • Contributions 14,740.00 Total 4060 • Membership Income 60,500.00 4070 • Retail Income 80,000.00 Total 4095. Other Income 364.00 Total Income 355,604.00 Total COGS 40,000.00 Gross Profit 315,604.00 Expense Total Exhibit Expense 540.00 6010 • Accounting 9,700.00 Total 6020 • Advertising/Marketing 1,460.00 6040 • Board Expenses 900.00 Total 6090 • Curatorial Expenses 3,640.00 Total 6095-01 • Resource Center 15,472.00 6111 • Depreciation Expense 20,448.00 Total 6130 • Event Expenses 96,100.00 Total 6140 • Insurance 12,204.00 Total 6200 • Office Expenses 30,432.00 Total 6240 • Payroll Expenses 115,843.00 Total 6290 • Travel Transpo. 8 Lodging 300.00 6330 • Dues and Subscriptions 225.00 Total 6940 • Utilities 3,696.00 6120 • Education 600.00 Total Expense 311,560.00 Net Ordinary Income 4,044.00 Other Income/Expense Total Other Income 0.00 Total Other Expense 3,000.00 Net Other Income -3,000.00 Net Income 1,044.00 Page 1 of 1 0 APPLICATION FOR TOWN OF VAIL FUNDING mountain ~ games~va~~ wesn+vno tr/ ~+anuw.w+~ o~....~w.r. ;s.~, 1. Name of organization: Mountain Games, LLC 2. Contact person: Joseph Blair 3. Mailing address: PO Box 1430, Vail, CO., 81658 4. Telephone: 970-926-4799 x.12 5. E-mail address: blairC~3untraditional.com 6. Members and Titles of your governing board: Joel Heath, owner 7. Amount of contribution requested: o $80,000 host fee 8. Organization fiscal year-end: December 31St 9: Are your books audited? No 11. How will the contribution be used? The Town of Vail host fee allows for this icon event to make its annual residency within the Town of Vail. The fee is utilized to convert the Vail Village infrastructure into aworld-class competition and spectator venue. Most comparable events select outlying venues for cost efficiencies and the opportunity for a blank slate. We have chosen to operate the event in the heart of the Village for the greatest ROI for the Town of Vail stakeholders. 12. How does your request support item 1C of the contribution policy? Our request supports the TOV Council's mission by creating visitor demand, substance and ambience during this off-peak period. This icon event has become one of Vail's largest summer events and is postured for continued growth to be compared to the X-Games or The Alpine Ski World Championships. 13. Who currently funds your organization (other governments, private donations, user fees, etc.)? Our organization is funded from sponsors of the Mountain Games including Teva, Volkswagen, Town of Vail, Sports Illustrated, GNC, GORE-TEX, Nature Valley, GoLite, Veramonte, Sprint and Coors. 14. Orgaruzation's mission statement: The Mountain Games' mission is to be the premier outdoor adventure event in the world. 1 Additional information: In addition to the $1.4 million in incremental spending generated during the five-day event, the combined Teva Mountain Games advertising campaign was larger than entire Vail Summer marketing effort. In 2005, the print campaign had over 27 million impressions with an estimated value of $1,015,716. Additionally, the public relations campaign generated another 8.9 million impressions for Vail summer. This effort was complimented with aone-hour nationally syndicated television show available to over 187.5 million households. We are bringing forward this request to the Vail Town Council for consideration as a Vail anchor event that has surpassed the current definitions and capabilities of CSE funding. The Teva Mountain Games has become a part of the cultural and economic thread of the Vail community. The Teva Mountain Games currently meets all "qualifying cultural" definitions with major components of the event being conducted in the Gerald R Ford Amphitheater and Dobson Ice Arena as defined in the CSE ordinance. We believe this event has become an anchor for this community that could easily be compared to the World Alpine Ski Championships or cultural events that are funded through the Town Council allocations. 2 t 5:37 PM 07/28/05 Cash Basis ~k 2aes ~ar~c3 Mountain Games LLC Balance Sheet As of July 26, 2005 ASSETS Current Assets Checking/Savings 1st Bank -Checking 1st Bank Savings Total Checking/Savings Other Current Assets Undeposited Funds Total Other Current Assets Total Current Assets TOTAL ASSETS LIABILITIES & EQUITY Equity Owner's Capital Investments Total Owner's Capital Net Income Total Equity TOTAL LIABILITIES & EQUITY Jul 26, 05 20,125.71 46,296.47 66,422.18 2,625.00 2,625.00 69,047.18 69,047.18 9,500.00 9,500.00 59,547.18 69,047.18 69,047.18 w~~rc~ -n~c mar Y~.~ -~uc. ~~ A 3r~t~ A~+c Jv~u~t , Page 1 '5:23 Pnn Mountain Games LLC 07/26/05 Job Profitability Detail for Mountain Games All Transactions Parts Charitable Contribution Clinic Equipment and Supplies Food 8 Beverage Legal Fees Promo item Research Total Parts Service Advertising Awards 8 Prizes Labor Contract Labor Rent Allocated Entertainment-Bands Entry Fees Expo Fee Insurance Partnership Fees Permits Photography Postage Sponsor Activation Television Broadcast Travel Volunteers Total Service TOTAL Act. Cost Act. Revenue (S) Diff. 1,400.00 0.00 -1,400.00 9,500.00 0.00 -9,500.00 62,754.79 7,220.82 -55,533.97 250.00 702.61 452.61 1,177.60 0.00 -1,177.60 364.53 0.00 -364.53 83.65 ~~ 0.00 -83.65 75,530.57 7,923.43 -67,607.14 42,205.75 0.00 -42,205.75 64,380.45 1,666.67 -62,713.78 147,000.00 0.00 -147,000.00 93,204.34 1,350.74 -91,853.60 15,250.00 0.00 -15,250.00 19,550.00 0.00 -19,550.00 90,961.42 11,276.00 -79,685.42 1,530.00 30,397.55 28,867.55 0.00 2,750.00 2,750.00 19,075.00 771.00 -18,304.00 0.00 625,460.00 625,460.00 3,219.00 0.00 -3,219.00 2,075.00 0.00 -2,075.00 290.71 880.00 589.29 11,229.01 2,341.08 -8,887.93 72,000.00 0.00 -72,000.00 4,660.23 0.00 -4,660.23 5,281.97 0.00 -5,281.97 591,912.88 676,893.04 84,980.16 667,443.45 684,816.47 17,373.02 Page 1 of 1 D APPLICATION FOR TOWN OF VAIL FUNDING tmountain games•vAiL o.~.~..o.a ~ ~, IN-KIND 1. Name of organization: Mountain Games, LLC 2. Contact person: Joseph Blair 3. Mailing address: PO Box 1430, Vail, CO., 81658 4. Telephone: 970-926-4799 x.12 5. E-mail address: blair@untraditional.com 6. Members and Titles of your governing board: Joel Heath, owner 7. Amount of contribution requested: o $7,640 of in-kind services: hang roundabout banners and flags, bleacher transportation, equipment transportation to and from venue, trash removal and police services o Roundabout banners and flags put up and take down o Two people @ $35 per hour for 12 hours $420 o Bucket truck @ $75 per hour for 6 hours $450 o Two people @ $35 per hour for two hours (flags) $140 o Bucker truck @ $75 per hour for two hours (flags) $150 o Bleacher pick up and return o Two trucks & lowboys @ $75 per hour for 4 hours $600 o Eight people @ $35 per hour for 32 hours $2,120 o Speed Trials equipment pick up and return o Two trucks & lowboys @ $75 per hour for 2 hours $300 o Eight people @ $35 per hour for 24 hours $840 o Remove and return sign located on north side of International Bridge o Loader @ $125 per hour for one hour $125 o One person @ $35per hour for one hour $35 o Trash pickup o Two people @ $30 per hour for 12 hours $360 o Police extra duty o May 31St -One officer @ $42 per hour for 4 hour $168 o June 1St -One officer @ $42 per hour for 4 hours $168 o June 2nd -Two officers @ $42 per hour for 12 hours $504 o June 3rd -Three officers @ $42 per hour for 18 hours $756 o June 4th -Two officers @ $42 per hour for 12 hours $504 8. Organization fiscal year-end: December 31St 9. Are your books audited? No 1 11. How will the contribution be used? The Town of Vail host fee allows for this icon event to make its annual residency within the Town of Vail. The fee is utilized to convert the Vail Village infrastructure into aworld-class competition and spectator venue. Most comparable events select outlying venues for cost efficiencies and the opportunity for a blank slate. We have chosen to operate the event in the heart of the Village for the greatest ROI for the Town of Vail stakeholders. 12. How does your request support item 1C of the contribution policy? Our request supports the TOV Council's mission by creating visitor demand, substance and ambience during this off-peak period. This icon event has become one of Vail's largest summer events and is postured for continued growth to be compared to the X-Games or The Alpine Ski World Championships. 13. Who currently funds your organization (other governments, private donations, user fees, etc.)? Our organization is funded from sponsors of the Mountain Games including Teva, Volkswagen, Town of Vail, Sports Illustrated, GNC, GORE-TEX, Nature Valley, GoLite, Veramonte, Sprint and Coors. 14. Organization's mission statement: The Mountain Games' mission is to be the premier outdoor adventure event in the world. Additional information: In addition to the $1.4 million in incremental spending generated during the five-day event, the combined Teva Mountain Games advertising campaign was larger than entire Vail Summer marketing effort. In 2005, the print campaign had over 27 million impressions with an estimated value of $1,015,716. Additionally, the public relations campaign generated another 8.9 million impressions for Vail summer. This effort was complimented with aone-hour nationally syndicated television show available to over 187.5 million households. 2 5:37 PM 07126105 Cash Basis Mountain Games LLC Balance Sheet As of July 26, 2005 Jul 26, 05 ASSETS Current Assets Checking/Savings 1st Bank -Checking 20,125.71 1st Bank Savings 46,296.47 Total Checking/Savings 66,422.18 Other Current Assets Undeposited Funds 2,625.00 Total Other Current Assets 2,625.00 Total Current Assets 69,047.18 TOTAL ASSETS 69,047.18 LIABILITIES 8 EQUITY Equity Owner's Capital Investments 9,500.00 Total Owner's Capital 9,500.00 Net Income 59,547.18 Total Equity 69,047.18 TOTAL LIABILITIES 8 EQUITY 69,047.18 SIC tans cam, ~.~rc~ -roc, mar Y~~. -~-c. ~~ A ~raN~ A~a~+c ~v~u~.t . Page 1 ' ~ 5:23 PM 07/26/05 Mountain Games LLC Job Profitability Detail for Mountain Games All Transactions Parts Charitable Contribution Clinic Equipment and Supplies Food & Beverage Legal Fees Promo item Research Total Parts Service Advertising Awards 8 Prizes Labor Contract Labor Rent Allocated Entertainment-Bands Entry Fees Expo Fee Insurance Partnership Fees Permits Photography Postage Sponsor Activation Television Broadcast Travel Volunteers Total Service TOTAL Act. Cost Act. Revenue ($) Diff. 1,400.00 0.00 9,500.00 0.00 62,754.79 7,220.82 250.00 702.61 1,177.60 0.00 364.53 0.00 83.65 0.00 75,530.57 7,923.43 -1,400.00 -9,500.00 -55,533.97 452.61 -1,177.60 -364.53 -83.65 -67,607.14 42,205.75 0.00 64,380.45 1,666.67 147,000.00 0.00 93,204.34 1,350.74 15,250.00 0.00 19,550.00 0.00 90,961.42 11,276.00 1,530.00 30,397.55 0.00 2,750.00 19,075.00 771.00 0.00 625,460.00 3, 219.00 0.00 2,075.00 0.00 290.71 880.00 11,229.01 2,341.08 72,000.00 0.00 4,660.23 0.00 5,281.97 0.00 591,912.88 676,893.04 -42,205.75 -62,713.78 -147,000.00 -91,853.60 -15,250.00 -19, 550.00 -79,685.42 28,867.55 2,750.00 -18,304.00 625,460.00 -3,219.00 -2,075.00 589.29 -8,887.93 -72,000.00 -4,660.23 -5,281.97 84,980.16 667,443.45 684,816.47 17,373.02 Page 1 of 1 APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Fri. July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, Colorado 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK 1. Name of organization: The Vail Jazz Foundation, Inc. 2. Contact person: Howard L. Stone, Chairman of the Board of Directors 3. Mailing address: PO Box 3035, Vail, CO 81658 4. Telephone: 970-479-6146 5. E-mail address: viftc'~i,vailjazz.or 6. Members and Titles ofyour governing board: Christine Carlson, Executive Director; John Clayton, Jr., .Director of Education; Board of Directors: Howard L. Stone, Chairman; Cathy Stone, Secretary; Ross Boyle; Frank T. Connors; John Clayton, Jr.; Andrea L. Glass; Robert E. Ford; John W. Giovando; Dr. Willie L. Hill, Jr.; Chuck Holcomb; Mike Peak; Barry Wliite. Amount of contribution requested: Organization fiscal year-end: 9. Are your books audited? $15,000 and (1) Blue Parking Passes -for staff use. October 31, 2005 No 10. How will the contribution be used? The requested funds will be used to support the 11`x' Annual Vail Jazz Festival's Labor Day Weekend Party, September 1-4, 2006 at the Vail Cascade Resort & Spa. 11. How does your request support item 1 C of the contribution policy? The Labor Day Weekend Party is the culmination of an eleven-week long festival held each summer in Vail from July through September. This internationally acclaimed event features over twenty-five of the world's greatest jazz musicians in over 24 hours of music over Labor Day Weekend. Tl~e funds will be used to underwrite a portion ofthe cost of the 1 lth Annual Vail Jazz Festival's Labor Day Weekend Party to be held in Vail during the summer of 2006. In ten years, the Festival has grown from one weekend of jazz with attendance of 350 to a summer long festival, comprised of a unique series of performances at various venues in Vail. Tl~e Labor Day Weekend Jazz party is the culmination of the Festival and has been favorably reviewed in national and international jazz publications. The Vail Jazz Festival provides important cultural events for eleven weeks during the summer with 16 performances, and the culmination of the Festival takes place over Labor Day Weekend, deemed an important 3 "shoulder season" timeframe. The Festival attracts many visitors to Vail during the non-ski season and brings many locals to town to experience high-quality jazz performances -over 20,500 people attended our performances during the summer of 2005. The event is advertised through a direct mail campaign to over 6,000 past attendees and jazz fans (both in and out of state), in addition to extensive front range radio advertising program on KUVO-89.3 FM in the Denver Metro area and many ski resorts, KCME in the greater Colorado Springs area and KUNC which is base in Greely/Front Collins. The festival is also promoted via KDNK Radio in the Roaring Forks Valley and KAFM in Grand Junction. The Festival contributes to the quality of life for those who live here, by giving locals the opportunity to see and hear the world's greatest jazz musicians, and enhances the overall Vail experience of many guests who enjoy the Festival while visiting. Jazz fans from throughout the United States, as well as a significant number from the Front Range, travel to Vail for this signature event with attendance for the Labor Day Weekend Party estimated at 3,500 in 2005. The Labor Day Weekend Party is without a doubt an important cultural event that contributes to the quality of life for those who live in Vail and the many guests who visit Vail, without any negative enviromnental impacts. 12. Who currently funds your organization (other governments, private donations, user fees, etc.)? A partial listing of sponsors for the 2005 year is as follows: Alpine Bank, BBE Sound, Inc., Colorado Council on the Arts, Colorado Mountain Express, Ella Fitzgerald Charitable Foundation, The Evjue Foundation, KUVO- 89.3 FM, The Zephyr - KZYR 97.7 FM, National Endowment for the Arts, Town of Vail, Vail Daily, Yamaha, Bravo! Vail Valley Music Festival, City Market/The Kroger Foundation, The Evjue Foundation, FirstBank of Colorado, KVBA-TV 8, PRIMA, Vail Cascade Resort & Spa, Vail Valley Foundation, Vilar Center for the Arts, and Walmart Foundation. 13. Organization's mission statement: The Vail Jazz Foundation, Inc. is a 501(C)(3) Colorado nonprofit corporation, incorporated in 1996, with the mission of perpetuating jazz music through live performances that showcase the artistry and talent of great jazz musicians, and through jazz education, with a focus on young musicians and young audiences. (If more room is needed to answer questions, please use the back of this page.) APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Instructions: Round all figures to the nearest dollar. Please present in as much detail as possible. Most Recent Completed Fiscal Year (Date: ) Assets: Cash in Bank $20,510 Personal Property-Musical Instruments 7 550 Total Assets 28 060 Liabilities: Loan Payable $ 5,885 Total Liabilities $ 5,885 Net Worth $22,] 75 Total Liabilities and Net Worth $28,060 5 APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses Instructions: Round all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Year Budget Revenues: (List by funding source) Admission $ 49,000 Sponsorship 4,600 Individual Contributions 75,000 Business Contributions 18,200 Foundation Grants 50,000 Other Fees 3,500 Merchandise Sales 3,500 Silent Auction 7,500 Interest 25 TOTAL REVENUES EXPENSES: JAZZ FESTIVAL Labor Day Weekend Party $ 76,850 Weekend Performances 7,250 Advertising/Marketing/P.R. 17,800 Allocated Administrative Overhead 25,000 SUBTOTAL EDUCATIONAL ACTIVITIES Vail Jazz Workshop 20,050 Jazz Goes to School 12,150 Allocated Administrative Overhead 12,500 SUBTOTAL ADMINISTRATIVE EXPENSES Fundraising 6,500 Administration 32,704 SUBTOTAL TOTAL EXPENSES TOTAL REVENUES MINUS EXPENSE $ 21.1,325 126,900 44,700 39.204 $ 210,804 $ 521 6 Vail Chamber & .,. Business ~= o Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org Vail Town Council 75 S. Frontage Road Vail, Colorado 81657 July 26, 2005 RE: Funding Requests Dear Town Council: Please find enclosed a contribution request from the Vail Chamber & Business Association for the Colorado SnowSports Expo. If you require any additional information, please do not hesitate to contact us via phone or e-mail. We look forward to a continued strong relationship with the Town of Vail. Si~el~e~y, Kaye Fern Executive Vail Chamber & :~~: o Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org 1 NAME OF ORGANIZATION: VAIL COMMUNITY CHAMBER, INC. dba VAIL CHAMBER & BUSINESS ASSOCIATION 2 CONTACT PERSON: KAYE FERRY, DIRECTOR 3 MAILING ADDRESS: 241 S. FRONTAGE ROAD EAST, SUITE 2 VAIL, CO 81657 4 TELEPHONE: (970) 477-0075 5 E-MAIL ADDRESS: kaVBf@rrV@VaIlChamb@C.OCq 6 MEMBERS AND TITLES OF GOVERNING BOARD• * Advisory DAN BARRY EYEPIECES MARKA BRENNER BLUE SKY MORTGAGE DALE BUGGY, VICE-PRESIDENT VAIL RESORTS RENTALS JOHN COGSWELL THE SQUASH BLOSSOM JORDAN DENNING UNITED PARCEL STORE KAYE FERRY, EXECUTIVE DIRECTOR K. FERRY, INC. LOURDES FERZACCA LA TOUR TOM GORMAN VAIL VALLEY MEDICAL CENTER GHIQUI HOFFMAN LAUGHING MONKEY NICOLE HOFFMAN-EWING THE RUCKSACK/THE GENERAL STORE BILL JENSEN VAIL RESORTS, INC. STEVE ROSENTHAL, PRESIDENT COLORADO FOOTWEAR RICH TENBRAAK MANOR VAIL RON WEINSTEIN, SECY/TREASURER BOXY 7 AMOUNT OF CONTRIBUTION REQUESTED• $15,347 8 ORGANIZATION FISCAL YEAR-END: DECEMBER 31 9 ARE YOUR BOOKS AUDITED? NO 10 HOW WILL THE CONTRIBUTION BE USED COLORADO SNOWSPORTS EXPO 11 HOW DOES YOUR REQUEST SUPPORT ITEM 1-C OF THE CONTRIBUTION POLICY THE COLORADO SNOWSPORTS EXPO PROVIDES A VENUE FOR THE TOWN OF VAIL AND ITS BUSINESSES TO BE SHOWCASED AT A REGIONAL WINTER SHOW IN DENVER THAT IS EXPECTED TO DRAW 30-35,000 GUESTS. LAST YEAR THE VCBA DISTRIBUTED 10,000 VAIL GUIDES, 3,000 PROMOTIONAL BAGS, "VAIL LOVES YOU" COUPON BOOKS, AND A WIDE VARIETY OF MATERIAL THAT WAS PROVIDED BY THE BUSINESS COMMUNITY. WE THINK THIS IS A UNIQUE OPPORTUNITY TO PROMOTE VAIL IN A CASUAL SETTING THAT IS GEARED TOWARDS THE WINTER GUEST. LAST YEAR WAS THE FIRST TIME THE TOWN OF VAIL AND ITS BUSINESSES WERE EVER REPRESENTED AT THIS SHOW AND WE FEEL IT IS IMPORTANT TO BE THERE AS ALL OF OUR LOCAL COMPETITION IS REPRESENTED AS WELL AS MANY SKI TOWNS FROM OUT OF STATE. LAST YEAR THERE WERE BOOTHS FROM THE TOWN OF ASPEN, THE ASPEN CHAMBER RESORT ASSOCIATION, FRISCO, THE TOWN OF BRECKENRIDGE, COPPER, STEAMBOAT, WINTER PARK, JACKSON HOLE, AND WHISTLER-BLACKCOMB. ADDITIONALLY, VRI WAS THERE AS A RESOURCE FOR ALL OF ITS SKI PROPERTIES INCLUDING HEAVENLY VALLEY. 12 WHO CURRENTLY FUNDS YOUR ORGANIZATION (OTHER GOVERNMENTS. PRIVATE DONATIONS TOWN OF VAIL $55,355 USER FEES. ETC.1? MEMBER DUES $72,720 13 ORGANIZATION'S MISSION STATEMENT• TO PROMOTE AND SUPPORT COMMERCE AND ENTERPRISE IN THE TOWN OF VAIL WHILE WORKING WITH THE TOV AND VRI TO BE THE PREMIER MOUNTAIN RESORT COMMUNITY. Vail Chamber & :~~; ~ Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org VAILCHAMBER & BUSINESS ASSOCIATION 2006 TOWN OF VAIL FUNDING REQUEST COLORADO SNOWSPORTS EXPO EXPENSES BOOTH RENTAL EQUIPMENT RENTAL DISTRIBUTION OF PROMOTIONAL ITEMS STAFFING TRAVEL & MEAL EXPENSE TOTAL EXPENSES $4,510 3,212 5,000 1,125 1,500 $15,347 Vail Chamber & ~: o Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: infoC vailchamber.org Balance Sheet: As of December 31, 2004 ASSETS Current Assets Checking/Savings Checking 121, 003.55 Clearing 800.00 Petty Cash -Cash on hand 100.00 Total Checking/Savings 121,903.55 Accounts Receivable Accounts Receivable 39,294.70 Total Accounts Receivable 39,294.70 Other Current Assets Prepaid Expense 727.00 Total Other Current Assets 727.00 Total Current Assets 161,925.25 Fixed Assets Furniture, Fixtures, Equipment 27,925.46 Total Fixed Assets 27 925 46 TOTAL ASSETS 189,850.71 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 15,963.76 Total Accounts Payable 15,963.76 Total Current Liabilities 15,963.76 Total Liabilities 15,963.76 Equity Opening Bal Equity 61,482.38 Retained Earnings 109,431.69 Net Income 2,972.88 Total Equity 173,886.95 TOTAL LIABILITIES & EQUITY 189,850.71 VAIL CHAMBER & BUSINESS ASSOCIATION STATEMENT OF SOURCES AND USES ~' BUDGET SOURCES ~ ~ _ ~ ,'FVE 12/31!05 - Town of Vail 55,355 - - Vail Resorts Contribution 6,500 Vail Guide Advertising Sales 63,000 Vail Loves You Coupon Advertising Sales 12,000 . Membership Dues 81,470 Commissions 37,000 Web Site/Newsletter Advertising 2,500 Miscellaneous 700 .. -.. TOTAL REVENUE $258,525 USES Fixtures and Equipment Computer 1,600 Ottice Equipment 5,700 ' - ~ - $7,300 Information Services Advertising/Promotions 4,900 IntemeVWeb Site 5,200 Dues/Subscriptions 980 Newsletter 4,600 The Vail Guide 88,000 • Discover Gift Program 6,165 Vail Loves You Coupon Book 20,500 Streetscape 700 Color People 3,000 - ~ ~ $134,045 Operating Expenses Rent 10 Remodel/Maintenance 750 Telephone 10,450 Postage 2,000 Office Supplies 4,500 Travel & Entertainment 1,000 Insurance 650 . Accounting, Legal & Audit 1,500 Credit Card Fees 500 Board of Directors Expense ~ 3,200 • Miscellaneous 500 .. $25,060 Personnel Salaries and Wages ~ 106,560 P/R Taxes 6,922 'i , Payroll Fees 1,560 . 401 (k) Plan 1,500 ' - t Worker's Comp. 700 ~i t SkUParking Pass 300 ,- - $ ~ - - ~ 117,542 Member Services Speakers/Presentors 750 Monthly Meetings 6,000 .' Membership Drive 3,500 ~. Community Mixer 3,000 ° Community Meetings 500 Org. Sponsorship/Member Benefits 5,000 Contributions 300 - Premier Impressions 24,469 - - $, . 43,519 "; TOTAL.EXPENSES ~ '. $327;466 ' TOTAL REVENUE $258,525 TOTAL REVENUE OVER EXPENSES -$68,941 d ;, Vail Chamber & _.~: Business 0 ..,,. Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org Vail Town Council 75 S. Frontage Road Vail, Colorado 81657 July 26, 2005 RE: Funding Requests Dear Town Council: Please find enclosed a contribution request from the Vail Chamber & Business Association for LionsHead Passport /Free Gondola Ride Program. If you require any additional information, please do not hesitate to contact us via phone or a-mail. We look~ard to a continued strong relationship with the Town of Vail. Si~gEely, Kaye Ferry Executive .I ~ , Vail Chamber & :~ti: o Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org 1 NAME OF ORGANIZATION: VAIL COMMUNITY CHAMBER, INC. dba VAIL CHAMBER & BUSINESS ASSOCIATION 2 CONTACT PERSON: KAYE FERRY, DIRECTOR 3 MAILING ADDRESS: 241 S. FRONTAGE ROAD EAST, SUITE 2 VAIL, CO 81657 4 TELEPHONE: (970) 477-0075 5 E-MAIL ADDRESS: kaVeferCVC~1VailChambef.Org 6 MEMBERS AND TITLES OF GOVERNING BOARD: * Advisory DAN BARRY EYEPIECES MARKA BRENNER BLUE SKY MORTGAGE DALE BUGBY, VICE-PRESIDENT VAIL RESORTS RENTALS JOHN COGSWELL THE SQUASH BLOSSOM JORDAN DENNING UNITED PARCEL STORE KAYE FERRY, EXECUTIVE DIRECTOR K. FERRY, INC. LOURDES FERZACCA LA TOUR TOM GORMAN VAIL VALLEY MEDICAL CENTER GHIQUI HOFFMAN LAUGHING MONKEY NICOLE HOFFMAN-EWING THE RUCKSACK/THE GENERAL STORE BILL JENSEN VAIL RESORTS, INC. STEVE ROSENTHAL, PRESIDENT COLORADO FOOTWEAR RICH TENBRAAK MANOR VAIL RON WEINSTEIN, ~ SECY/TREASURER BOXY 7 AMOUNT OF CONTRIBUTION REQUESTED: $233,075 8 ORGANIZATION FISCAL YEAR-END: 9 AR DECEMBER 31 E YOUR BOOKS AUDITED? NO 10 HOW WILL THE CONTRIBUTION BE USED? LIONSHEAD PASSPORT/FREE GONDOLA RIDE PROGRAI 11 HOW DOES YOUR REQUEST SUPPORT ITEM 1-C OF THE CONTRIBUTION POLICY THIS PROGRAM IS DESIGNED TO ENCOURAGE OUR GUESTS TO VISIT BUSINESSES IN LIONSHEAD DURING THE REDEVELOPMENT AND CONSTRUCTION STAGE. A PASSPORT STYLE BOOK WILL $E HANDED OUT AT ALL PARTICIPATING BUSINESSES IN LH AND THE INFORMATION CENTERS. THE BOOKLET WILL BE MADE UP OF ONE-PAGE ADVERTISE- MENTS FROM EACH OF THE PARTICIPATING BUSINESSES. ON THE BOTTOM OF EACH PAGE THERE WILL BE BLANK SPACE TO BE USED FOR A STAMP. EACH OF THE PARTICIPATING BUSINESSES WILL HAVE A UNIQUE STAMP. GUESTS WILL TAKE THE PASSPORT AND GO TO EACH OF THE BUSINESSES COLLECTING STAMPS. WHEN THEY HAVE COLLECTED 75% OF THE STAMPS THEY CAN TAKE THE PASSPORT TO THE VRI TICKET OFFICE AND GET A FREE GONDOLA TICKET. THIS PROGRAM IS SIGNIFICANTLY LESS EXPENSIVE THAN SUB- SIDIZING THE GONDOLA FOR ALL OUR GUESTS. IN FACT, IT WILL BE MORE EFFECTIVE AT GETTING THE GUESTS TO ACTUALLY ENTER INTO SHOPS AND RESTAURANTS. VAIL RESORTS HAS COMMITTED TO SUPPLEMENTING THE COST OF THE GONDOLA RIDES IF THE TOWN OF VAIL AND THE BUSINESS COMMUNITY WILL PARTNER WITH THEM. 12 WHO CURRENTLY FUNDS YOUR ORGANIZATION _~OTHER GOVERNMENTS PRIVATE DONATIONS TOWN OF VAIL $55,355 USER FEES. ETC.1? MEMBER DUES $72,720 13 ORGANIZATION'S MISSION STATEMENT• TO PROMOTE AND SUPPORT COMMERCE AND ENTERPRISE IN THE TOWN OF VAIL WHILE WORKING WITH THE TOV AND VRI TO BE THE PREMIER MOUNTAIN RESORT COMMUNITY. Vail Chamber & :~~: ~ Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org VAILCHAMBER & BUSINESS ASSOCIATION 2006 TOWN OF VAIL FUNDING REQUEST LIONSHEAD PASSPORT/FREE GONDOLA RIDE PROGRAM EXPENSES GONDOLA RIDE SUBSIDY $200,000 PASSPORT BOOKLET 15,000 ADVERTISING 10,575 COORDINATION FEE 7,500 TOTAL EXPENSES $233,075 Vail Chamber & :~ti: o Business Association Balance Sheet: As of December 31, 2004 ASSETS Current Assets Checking/Savings Checking 121, 003.55 Clearing 800.00 Petty Cash -Cash on hand 100.00 Total Checking/Savings 121,903.55 Accounts Receivable Accounts Receivable 39,294.70 Total Accounts Receivable 39,294.70 Other Current Assets Prepaid Expense 727.00 Total Other Current Assets 727.00 Total Current Assets ' 161,925.25 Fixed Assets Furniture, Fixtures, Equipment 27,925.46 Total Fixed Assets 27,925.46 TOTAL ASSETS 189,850.71 a LIABILITIES & EQUITY M Liabilities Current Liabilities Accounts Payable 15,963.76 Total Accounts Payable 15,963.76 Total Current Liabilities 15,963.76 Total Liabilities 15,963.76 Equity Opening Bal Equity 61,482.38 Retained Earnings 109,431.69 Net Income 2,972.88 Total Equity 173,886.95 TOTAL LIABILITIES & EQUITY 189,850.71 VAIL CHAMBER & BUSINESS ASSOCIATION STATEMENT OF SOURCES AND USES BUDGET SOURCES FYE 12131/05 Town of Vail 55,355 Vail Resorts Contribution 6,500 Vail Guide Advertising Sales 63,000 Vail Loves Vou Coupon Advertising Sales 12,000 Membership Dues 81,470 Commissions 37,000 Web SitelNewsletter Advertising 2,500 Miscellaneous 700 TOTAL REVENUE $258,525 USES Fixtures and Equipment Computer 1,600 Office Equipment 5,700 $7,300 Information Services Advertising/Promotions 4,900 InterneVW eb Site 5,200 Dues/Subscriptions 980 Newsletter 4,600 The Vail Guide 88,000 ' Discover Gift Program 6,165 Vail Loves You Coupon Book 20,500 Streetscape 700 Color People 3,000 $134,045 Operating'Expenses Rent 10 RemodeVMaintenance 750 '~ Telephone 10,450 Postage 2,000 Office Supplies r 4,500 Travel 8 Entertainment 1,000 ' Insurance 650 Accounting, Legal & Audit 1,500 Credit Card Fees 500 i Board of Directors Expense 3,200 I Miscellaneous 500 $25,060 Personnel i Salaries and Wages 106,560 P/R Taxes 6,922 Payroll Fees 1,560 401 (k) Plan 1,500 ~ Worker's Comp. 700 i SkUParking Pass 300 $ - 117,542 Member Services ', Speakers/Presentors 750 Monthly Meetings 6,000 ' Membership Drive Community Mixer 3,500 3,000 Community Meetings 500 ~, Org. Sponsorship/Member Benefits 5,000 Contributions 300 ~ Premier Impressions 24,469 $ 43,519 TOTAL EXPENSES 5327,466 TOTAL REVENUE 5258,525 TOTAL REVENUE OVER EXPENSES -$68,941 ,_ Vail Chamber & Business :~~: .,,,. Association Vail Town Council 75 S. Frontage Road Vail, Colorado 81657 July 26, 2005 RE: Funding Requests Dear Town Council: C~ 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org Please find enclosed a contribution request from the Vail Chamber & Business Association for Premier Impressions. If you require any additional information, please do not hesitate to contact us via phone or e-mail. We look forward to a continued strong relationship with the Town of Vail. Sinc , ye F Executive Director Vail Chamber & ~_ o Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org 1 NAME OF ORGANIZATION: VAIL COMMUNITY CHAMBER, INC. dba VAIL CHAMBER & BUSINESS ASSOCIATION 2 CONTACT PERSON: KAYE FERRY, DIRECTOR 3 MAILING ADDRESS: 241 S. FRONTAGE ROAD EAST, SUITE 2 VAIL, CO 81657 4 TELEPHONE: (970) 477-0075 5 E-MAIL ADDRESS: kaVeferrVQVailChamb@Y.OCq 6 MEMBERS AND TITLES OF GOVERNING BOARD• `Advisory DAN BARRY EYEPIECES MARKA BRENNER BLUE SKY MORTGAGE DALE BUGBY, VICE-PRESIDENT VAIL RESORTS RENTALS JOHN COGSWELL THE SQUASH BLOSSOM JORDAN DENNING UNITED PARCEL STORE KAYE FERRY, EXECUTIVE DIRECTOR K. FERRY, INC. LOURDES FERZACCA LA TOUR TOM GORMAN VAIL VALLEY MEDICAL CENTER GHIQUI HOFFMAN LAUGHING MONKEY NICOLE HOFFMAN-EWING THE RUCKSACK/THE GENERAL STORE BILL JENSEN VAIL RESORTS, INC. STEVE ROSENTHAL, PRESIDENT COLORADO FOOTWEAR RICH TENBRAAK MANOR VAIL RON WEINSTEIN, SECY/TREASURER BOXY 7 AMOUNT OF CONTRIBUTION REQUESTED• $41,734 + BLUE PARKING PASS 8 ORGANIZATION FISCAL YEAR-END• DECEMBER 31 9 ARE YOUR BOOKS AUDITED NO 10 HOW WILL THE CONTRIBUTION BE USED PREMIER IMPRESSIONS 11 HOW DOES YOUR REQUEST SUPPORT ITEM 1-C OF THE CONTRIBUTION POLICY ' PREMIER IMPRESSIONS IS A PROGRAM THAT REWARDS THE DELIVERY OF OUT- STANDING CUSTOMER SERVICE BY EMPLOYEES IN THE TOWN OF VAIL. TO DATE, THE PROGRAM HAS ACKNOWLEDGED OVER 1200 EMPLOYEES WHO HAVE GONE THE EXTRA MILE TO PROVIDE OUR GUESTS WITH THE SERVICE THEY HAVE COME TO EXPECT AND DESERVE FROM THE # 1 SKI RESORT IN NORTH AMERICA. WE BELIEVE THAT THIS PROGRAM HAS PLAYED AN INTEGRAL PART IN RAISING CUSTOMER AWARENESS AS WELL AS OUR CUSTOMER SERVICE RANKING IN THE ANNUAL SKI MAGAZINE POLL. WE ALSO BELIEVE THAT ONLY THROUGH RECOGNITION OF THESE VERY VALUABLE EMPLOYEES ARE WE ABLE TO CONTINUE TO FOSTER AN ATMOSPHERE THAT WILL EXCEED OUR CUSTOMERS' EXPECTATIONS. 12 WHO CURRENTLY FUNDS YOUR ORGANIZATION (OTHER GOVERNMENTS. PRIVATE DONATIONS TOWN OF VAIL $55,355 USER FEES. ETC.1? MEMBER DUES $7P 720 13 ORGANIZATION'S MISSION STATEMENT• TO PROMOTE AND SUPPORT COMMERCE AND ENTERPRISE IN THE TOWN OF VAIL WHILE WORKING WITH THE TOV AND VRI TO BE THE PREMIER MOUNTAIN RESORT COMMUNITY. Vail Chamber & :~~ o Business Association VAILCHAMBER & BUSINESS ASSOCIATION 2006 TOWN OF VAIL FUNDING REQUEST PREMIER IMPRESSIONS EXPENSES 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org FLYERS $6,000 FLYER HOLDERS 700 DISTRIBUTION 900 ADVERTISING 8,500 POSTAGE 100 *MONTHLY GIFT CERTIFICATES 5,000 *DISCOVER CARD COSTS 750 PROGRAM MANAGEMENT 4,884 COORDINATION OF PRIZES AND YEAR END PARTY 900 AWARDS PARTY 5,400 **PRIZES 8,600 TOTAL EXPENSES 41 734 * Number of gift certificates increased from 175 to 200 for 2006 ** Addition of employer incentives ** VCBA is also requesting a Blue Parking Pass from the TOV as a prize to be given at the awards party. Vail Chamber & ~: o Business Association Balance Sheet: As of December 31, 2004 ASSETS Current Assets Checking/Savings Checking 121, 003.55 Clearing 800.00 Petty Cash -Cash on hand ~ 100.00 Total Checking/Savings 121,903.55 Accounts Receivable Accounts Receivable 39,294.70 Total Accounts Receivable 39,294.70 Other Current Assets Prepaid Expense 727.00 Total Other Current Assets 727.00 Total Current Assets 161,925.25 Fixed Assets Furniture, Fixtures, Equipment 27,925.46 Total Fixed Assets 27,925.46 TOTAL ASSETS 1.89,850.71 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 15,963.76 Total Accounts Payable 15,963.76 Total Current Liabilities 15,963.76 Total Liabilities 15.963.76 Equity Opening Bal Equity 61,482.38 Retained Earnings 109,431.69 Net Income 2,972.88 Total Equity 173,886.95 TOTAL LIABILITIES & EQUITY 189,850.71 VAIL CHAMBER & BUSINESS ASSOCIATION STATEMENT OF SOURCES AND USES BUDGET SOURCES ~ FYE 12/31/05 Town of Vail 55,355 Vail Resorts Contribution 6,500 Vail Guide Advertising Sales 63,000 Vail Loves You Coupon Advertising Sales 12,000 Membership Dues 81,470 Commissions 37,000 Web SiteMewsletter Advertising 2,500 Miscellaneous 700 TOTAL REVENUE $258,525 USES Fixtures and Equipment Computer 1,600 Office Equipment 5,700 $7,300 Information Services Advertising/Promotions 4,900 InterneWVeb Site 5,200 Dues/Subscriptions 960 Newsletter 4,600 The Vail Guide 88,000 Discover Gitt Program 6,165 Vail Loves You Goupon Book 20,500 Streetscape 700 Color People 3,000 $134,045 Operating Expenses Rent 10 RemodeUMaintenance 750 Telephone 10,450 Postage 2,000 Office Supplies 4,500 Travel & Entertainment 1,000 Insurance 650 Accounting, Legal & Audif 1,500 Credit Card Fees 500 Board of Directors Expense ~ 3,200 Mlscellaneous 500 $25,060 Personnel Salaries and Wages - 106,560 P/R Taxes 6,922 Payroll Fees 1,560 401 (k) Plan 1,500 Worker's Comp. 700 SkUParking Pass 300 5 117,542 Member.Servlces Speakers/Presentors 750 Monthly Meetings 6,000 Membership Drive 3,500 Community Mixer 3,000 Community Meetings 500 Org. Sponsorship/Member Benefits 5,000 Contributions 300 Premierlmpressions 24,469 S 43,519 TOTAL EXPENSES - - $327,466 TOTAL REVENUE $258,525 TOTAL REVENUE OVER EXPENSES -568,941 O _ Vail Chamber & .~. Business ~: Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org Vail Town Council 75 S. Frontage Road Vail, Colorado 81657 July 26, 2005 RE: Funding Requests Dear Town Council: Please find enclosed a contribution request from the Vail Chamber & Business Association for the Vail Gift Card. If you require any additional information, please do not hesitate to contact us via phone or a-mail. We~forward to a continued strong relationship with the Town of Vail. Kaye y Executive Director Vail Chamber & Business Association 1 NAME OF ORGANIZATION: 2 CONTACT PERSON: 3 MAILING ADDRESS: 4 5 6 7 8 9 9 10 11 12 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org VAIL COMMUNITY CHAMBER, INC. dba VAIL CHAMBER & BUSINESS ASSOCIATION KAYE FERRY, DIRECTOR 241 S. FRONTAGE ROAD EAST, SUITE 2 VAIL, CO 81657 TELEPHONE: (970) 477-0075 E-MAIL ADDRESS: _kay9f@I'I')/Q VailChamb@I•.O~Q MEMBERS AND TITLES OF GOVERNING BOARD: 'Advisory DAN BARRY EYEPIECES MARKA BRENNER BLUE SKY MORTGAGE DALE BUGBY, VICE-PRESIDENT VAIL RESORTS RENTALS JOHN COGSWELL THE SQUASH BLOSSOM JORDAN DENNING UNITED PARCEL STORE KAYE FERRY, EXECUTIVE DIRECTOR K. FERRY, INC. LOURDES FERZACCA LA TOUR TOM GORMAN VAIL VALLEY MEDICAL CENTER GHIQUI HOFFMAN LAUGHING MONKEY NICOLE HOFFMAN-EWING THE RUCKSACKlTHE GENERAL STORE BILL JENSEN VAIL RESORTS, INC. STEVE ROSENTHAL, PRESIDENT COLORADO FOOTWEAR RICH TENBRAAK MANOR VAIL RON WEINSTEIN, SECY/TREASURER BOXY AMOUNT OF CONTRIBUTION REQUESTED: $14,700 ORGANIZATION FISCAL YEAR-END: DECEMBER 31 ARE YOUR BOOKS AUDITED NO HOW WILL THE CONTRIBUTION BE USED? VAIL GIFT CARD HOW DOES YOUR REQUEST SUPPORT ITEM 1-C OF THE CONTRIBUTION POLICY? A NEW PROGRAM INITIATED IN 2003-04 HAS THE POTENTIAL FOR GENERATING GREAT SALES FOR THE BUSINESS COMMUNITY AND CONSEQUENTLY SALES TAX FOR THE TOWN OF VAIL. WE DEVELOPED A GIFT CARD PROGRAM THAT ALLOWS OUR GUEST TO PRE-PAY FOR GOODS AND SERVICES THROUGH DISCOVER. DISCOVER 1 HAS THE UNIQUE ABILITY TO LIMIT THE USE OF THESE CARDS TO VAIL ONLY ONCE THE THE CARDS ARE PURCHASED. OUR FIRST AND VERY SUCCESSFUL APPLICATION OF THIS NEW PROGRAM CAME THROUGH ITS USE WITH PREMIER IMPRESSIONS. SINCE THAT TIME WE HAVE SOLD THESE CARDS AS PART OF SPECIAL EVENTS' PROMOTIONS, EMPLOYEE INCCENTIVE REWARDS, AND INCLUSION IN GIFT BASKETS FOR GROUPS VISITING VAIL. WE HAVE ALSO DEVELOPED A SYSTEM WHEREBY OUR GUESTS CAN PRE-PURCHASE THESE CARDS ON-LINE BEFORE THEY ARRIVE IN VAIL. WE ACHIEVED THIS WITHOUT ANY ADVERTISING. GIFT CARDS ARE THE NEWEST RAGE IN THE RETAIL WORLD. WE HAVE NEVER BEEN ABLE TO PROMOTE THE VAIL GIFT CARD DUE TO LACK OF FUNDS. WE VIEW THIS AS AN ENORMOUS MARKETING OPPORTUNITY AND LOOK FORWARD TO YOUR PARTNERING WITH US IN THIS MUTUALLY BENEFICIAL ENDEAVOR. WHO CURRENTLY FUNDS YOUR ORGANIZATION (OTHER GOVERNMENTS PRIVATE DONATIONS TOWN OF VAIL $55,355 USER FEES. ETC.I? MEMBER DUES $72720 ORGANIZATION'S MISSION STATEMENT: TO PROMOTE AND SUPPORT COMMERCE AND ENTERPRISE IN THE TOWN OF VAIL WHILE WORKING WITH THE TOV AND VRI TO BE THE PREMIER MOUNTAIN RESORT COMMUNITY. Vail Chamber & :~~: ~ Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org VAILCHAMBER & BUSINESS ASSOCIATION 2006 TOWN OF VAIL FUNDING REQUEST VAIL GIFT CARD EXPENSES ADVERTISING AND MARKETING PROGRAM MANAGEMENT CARD STOCK FEES $8,800 2,500 1,000 2,400 TOTAL EXPENSES 14 700 Vail Chamber & c o Business Association Balance Sheet: As of December 31, 2004 ASSETS Current Assets Checking/Savings Checking 121, 003.55 Clearing 800.00 Petty Cash -Cash on hand ~ 100.00 Total Checking/Savings 121,903.55 Accounts Receivable Accounts Receivable 39,294.70 Total Accounts Receivable 39,294.70 Other Current Assets Prepaid Expense 727.00 Total Other Current Assets 727.00 Total Current Assets 161,925.25 Fixed Assets Furniture, Fixtures, Equipment 27,925.46 Total Fixed Assets 27,925.46 TOTAL ASSETS 189,850.71 LIABILtITIES & EQUITY Liabilities Current Liabilities Accounts Payable 15,963.76 Total Accounts Payable 15,963.76 Total Current Liabilities 15,963.76 Total Liabilities 15,963.76 Equity Opening Bal Equity 61,482.38 Retained Earnings 109,431.69 Net Income 2,972,88 Total Equity 173,886.95 TOTAL LIABILITIES & EQUITY 189,850.71 ~ o VAIL CHAMBER & BUSINESS ASSOCIATION STATEMENT OF SOURCES AND USES BUDGET SOURCES FYE 12/31/05 Town of Vail 55,355 Vail Resorts Contribution 6,500 Vail Guide Advertising Sales 63,000 Vail Loves You Coupon Advertising Sales 12,000 Membershlp Dues 81,470 Commissions 37,000 Web SiteMewsleder Advertising 2,500 Miscellaneous 700 _ _ TOTAL REVENUE §258,525 USES Fixtures and Equipment Computer 1,600 Office Equipment 5,700 §7,300 Information--Services Advertising/Promotions ~ 4,900 Intemet/VJeb Site 5,200 ' - ~ Dues/Subscriptions 980 -. Newsletter 4,600 The Vail Guide 88,000 Discover Gift Program 6,165 Vail Loves You Coupon Book 20,500 ~. - Streetscape 700 Color People 3,000 $134_,045 Operatir~ Exper!'ses Rent 10 RemodeUMaintenance 750 Telephone 10,450 - . Postage 2,000 OHice Supplies 4,500 Travel & Entertainment 1,000 ' Insurance 650 ' ~ Accounting, Legal & Audit 1,500 ~. ~ Credit Card Fees 500 - I Board of Directors Expense ~ 3,200 Miscellaneous 500 ::~;. _...,. $25,060 Persoo~ael', - Salaries and Wages 106,560 P/R Taxes 6,922 - - t Payroll Fees 1,560 401 (k) Plan 1,500 - - Workefs Comp. 700 i SkVParking Pass 300 $ 117,542 Member'Seriil4es '~, Speakers/Presentors 750 ' Monthly Meetings 6,000 Membership Drive 3,500 ''. Community Mixer 3,000 Community Meetings 500 ''. Org. Sponsorship/Member Benefits 5,000 Contributions 300 i Premier Impressions 24,469 - _- ._ __ $. .43,519 TOTAL EXPENSES 5327,466 TOTAL REVENUE 5258,525 TOTAL REVENUE OVER EXPENSES -$68,941 •r ~ Vail {„~: Chamber & Business :~~: e Association Vail Town Council 75 S. Frontage Road Vail, Colorado 81657 July 26, 2005 RE: Funding Requests Dear Town Council: 2415. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org Please find enclosed a contribution request from the Vail Chamber & Business Association for the Vail Guide. If you require any additional information, please do not hesitate to contact us via phone or a-mail. We look forward to a continued strong relationship with the Town of Vail. ~~ S~e~ely Executive Vail Chamber & :~~: o Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org 1 NAME OF ORGANIZATION: VAIL COMMUNITY CHAMBER, INC. dba VAIL CHAMBER & BUSINESS ASSOCIATION 2 CONTACT PERSON: KAYE FERRY, DIRECTOR 3 MAILING ADDRESS: 241 S. FRONTAGE ROAD EAST, SUITE 2 VAIL, CO 81657 4 5 6 7 8 9 10 11 12 13 TELEPHONE: (970) 477-0075 E-MAIL ADDRESS: kaVeferry@ VaIlChamb@C.OCq MEMBERS AND TITLES OF GOVERNING BOARD: 'Advisory DAN BARRY EYEPIECES MARKA BRENNER BLUE SKY MORTGAGE DALE BUGGY, VICE-PRESIDENT VAIL RESORTS RENTALS JOHN COGSWELL THE SQUASH BLOSSOM JORDAN DENNING UNITED PARCEL STORE KAYE FERRY, EXECUTIVE DIRECTOR K. FERRY, INC. LOURDES FERZACCA LA TOUR TOM GORMAN VAIL VALLEY MEDICAL CENTER GHIQUI HOFFMAN LAUGHING MONKEY NICOLE HOFFMAN-EWING THE RUCKSACKlTHE GENERAL STORE BILL JENSEN VAIL RESORTS, INC. STEVE ROSENTHAL, PRESIDENT COLORADO FOOTWEAR RICH TENBRAAK MANOR VAIL RON WEINSTEIN, SECY/TREASURER BOXY AMOUNT OF CONTRIBUTION REQUESTED: $36,740 ORGANIZATION FISCAL YEAR- END: DECEMBER 31 ARE YOUR BOOKS AUDITED? NO HOW WILL THE CONTRIBUTION BE USED? THE VAIL GUIDE HOW DOES YOUR REQUEST SUPPORT ITEM 1-C OF THE CONTRIBUTION POLICY THE VAIL GUIDE IS THE ONLY PUBLICATION THAT PROVIDES A COMPLETE REFERENCE FOR OUR GUESTS. VAIL BUSINESS LICENSE HOLDERS RECEIVE A FREE LISTING WHICH IS ALPHABETIZED BY CATEGORY AS WELL AS HAVING THE OPPORTUNITY TO PURCHASE ADVERTISING AT RATES THAT ARE FAR BELOW ANY OTHER PUBLICATION OFFERED IN THE AREA. WE ARE ABLE TO OFFER THESE RATES BY FUNCTIONING FROM THE PREMISE THAT THE GUIDE IS NOT INTENDED TO BE A REVENUE PRODUCER BUT INSTEAD IS FOCUSED ON PROVIDING OUR GUESTS WITH AS MUCH INFORMATION AS POSSIBLE TO FACILITATE AND ENHANCE THEIR VACATION EXPERIENCE BOTH SUMMER AND WINTER. ADVERTISING PAGES PAY FOR THEMSELVES. IT IS NECESSARY FOR THE VCBA TO PROVIDE SUPPLEMENTAL FINANCIAL SUPPORT FOR THE NON-REVENUE PRODUCING PAGES SUCH AS: ALPHABETICAL LISTINGS, MAPS, CALENDAR OF EVENTS, AND PHOTO- GRAPHS. WHO CURRENTLY FUNDS YOUR ORGANIZATION _(OTHER GOVERNMENTS PRIVATE DONATIONS. TOWN OF VAIL $55,355 USER FEES. ETC.)? MEMBER DUES $72,720 ORGANIZATION'S MISSION STATEMENT: TO PROMOTE AND SUPPORT COMMERCE AND ENTERPRISE IN THE TOWN OF VAIL WHILE WORKING WITH THE TOV AND VRI TO BE THE PREMIER MOUNTAIN RESORT COMMUNITY. Vail Chamber & :~~: ~ Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org VAILCHAMBER & BUSINESS ASSOCIATION 2006 TOWN OF VAIL FUNDING REQUEST THE VAIL GUIDE REVENUE ADVERTISING SALES 75 000 TOTAL REVENUE 75 000 EXPENSES MEDIA KIT/MAILING $2,500 CREATIVE DESIGN 11,900 EDIT/PHOTOGRAPHY 3,000 * PRINTING 41,000 ON-LINE @ COLORADOINFO.COM 2,500 SUMMER CONSUMER TRAVEL SHOWS 900 DENVER INTERNATIONAL AIRPORT 3,600 VAIL-EAGLE DISTRIBUTION 4,520 1-70 AND FRONT RANGE COVERAGE 6,120 SALES COMMISSIONS, TAXES 14,875 ADMINISTRATION/STORAGE 4,250 PUBLISHER EXPENSE 6,375 ADVERTISING 1,000 VCBA COORDINATION FEE 4,200 CROSS-SELL MAILING 5.000 TOTAL EXPENSES 111 740 TOTAL EXPENSES OVER REVENUE 36,740 * Production will be increased from 80,000 to 150,000 this year with additional distribution to the Front Range, DIA, I-70 corridor, and summer consumer travel shows. Please Note: At a cost of $111,740 and 68 pages, the cost per page is $1,643. We have planned for 36 pages of paid space with the remaining 32 pages of editorial text and general business information including such items as business listings, maps, calendars of events, and bus information. The total cost for those pages is $52,576 and we are asking the Town to partner with the VCBA to help offset those costs. Vail Chamber & :~~: o Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org Balance Sheet: As of December 31, 2004 ASSETS Current Assets Checking/Savings Checking 121, 003.55 Clearing 800.00 Petty Cash -Cash on hand ~ 100.00 Total Checking/Savings 121,903.55 Accounts Receivable Accounts Receivable 39 294 70 Total Accounts Receivable Other Current Assets Prepaid Expense Total Other Current Assets Total Current Assets Fixed Assets Furniture, Fixtures, Equipment Total Fixed Assets TOTAL ASSETS LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable Total Accounts Payable Total Current Liabilities Total Liabilities Equity Opening Bal Equity Retained Earnings Net Income Total Equity TOTAL LIABILITIES & EQUITY 39,294.70 727.00 727.00 161, 925.25 27,925.46 27,925.46 189,850.71 15,963.76 15,963.76 15,963.76 15, 963.76 61,482.38 109,431.69 2,972.88 173,886.95 189,850.71 VAIL CHAMBER 8 BUSINESS ASSOCIATION STATEMENT OF SOURCES AND USES BUDGET SOURCES - ~ ~~ ~ ~ FYE 12731/0.5 Town of Vail 55,355 Vail Resorts Contribution 6,500 Vail Guide Advertising Sales 63,000 Vail Loves You Coupon Advertising Sales 12,000 Membership Dues 81,470 Commissions 37,000 Web Site/Newsletter Advertising 2,500 Miscellaneous 700 TOTAL REVENUE $258,525 USES Fixtures and Equipment Computer 7,600 Office Equipment 5,700 $7,300 Information Servlces Advertising/Promotions 4,900 InterneUWeb Site 5,200 ' Dues/Subscriptions 980 Newsletter 4,600 ' The Vail Guide 88,000 Discover Gift Program 6,165 Vail Loves You Coupon Book 20,500 Streetscape 700 Color People 3,000 $734,045 Operating Expenses Rent 10 RemodeVMaintenance 750 Telephone 10,450 Postage 2,000 Office Supplies 4,500 Travel & Entertainment 1.,000 Insurance 650 Accounting, Legal & Audit 1,500 Credit Card Fees 500 Board of Directors Expense ~ 3,200 ' Miscellaneous 500 ,_:$25,060 Persdnnel ~ - - Salaries and Wages 706,560 P/R Taxes 6,922 Payroll Fees 1,560 407 (k) Plan 1,500 Worker's Comp. 700 SkUParking Pass 300 --- ~ $ 117,542 Member Services Speakers/Presentors 750 Monthly Meetings 6,000 Membership Drive 3,500 ' Community Mixer 3,000 Community Meetings 500 Org. Sponsorship/Member Benefits 5,000 Contributions 300 Premier Impressions 24,469 . - $ - "43,579 ~ '~ ~ TOTAL EXPENSES ~ `$327,466 ' ~ - TOTAL REVENUE ' ~ $256,525 TOTAL REVENUE OVER EXPENSES -$68,941 Vail Chamber & .~. Business ~. O Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: infoC vailchamber.org Vail Town Council 75 S. Frontage Road Vail, Colorado 81657 July 26, 2005 RE: Funding Requests Dear Town Council: Please find enclosed a contribution request from the Vail Chamber & Business Association for the Vail Loves You Coupon Book. If you require any additional information, please do not hesitate to contact us via phone or e-mail. Weil ul{.~orward to a continued strong relationship with the Town of Vail. Kaye ~ Executive Director i~ Vail Chamber & :~~: ~ Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org 1 NAME OF ORGANIZATION: 2 CONTACT PERSON: 3 MAILING ADDRESS: 4 5 6 7 8 9 10 11 12 13 VAIL COMMUNITY CHAMBER, INC. dba VAIL CHAMBER & BUSINESS ASSOCIATION KAYE FERRY, DIRECTOR 241 S. FRONTAGE ROAD EAST, SUITE 2 VAIL, CO 81657 TELEPHONE: (970) 477-0075 E-MAIL ADDRESS: kay@fEl'CVC~ VallChafllbG'C.OCq MEMBERS AND TITLES OF GOVERNING BOARD• * Advisory DAN BARRY EYEPIECES MARKA BRENNER BLUE SKY MORTGAGE DALE BUGBY, VICE-PRESIDENT VAIL RESORTS RENTALS JOHN COGSWELL THE SQUASH BLOSSOM JORDAN DENNING UNITED PARCEL STORE KAYE FERRY, EXECUTIVE DIRECTOR K. FERRY, INC. LOURDES FERZACCA LA TOUR TOM GORMAN VAIL VALLEY MEDICAL CENTER GHIQUI HOFFMAN LAUGHING MONKEY NICOLE HOFFMAN-EWING THE RUCKSACK/THE GENERAL STORE * BILL JENSEN VAIL RESORTS, INC. STEVE ROSENTHAL, PRESIDENT COLORADO FOOTWEAR RICH TENBRAAK MANOR VAIL RON WEINSTEIN, SECY/TREASURER BOXY AMOUNT OF CONTRIBUTION REQUESTED: $8,345 ORGANIZATION FISCAL YEAR-END: DECEMBER 31 ARE YOUR BOOKS AUDITED? NO HOW WILL THE CONTRIBUTION BE USED? VAIL LOVES YOU COUPON BOOK HOW DOES YOUR REQUEST SUPPORT ITEM 1-C OF THE CONTRIBUTION POLICY BACK BY POPULAR DEMAND, THIS TOOL WAS DEVELOPED 2 YEAR'S AGO BY VAIL RESORTS AND VCBA TO PROVIDE A POSITIVE RELATIONSHIP WITH THE COLORADO PASS HOLDERS. THIS PROGRAM PROVIDES DISCOUNTS TO OUR GUESTS AND MERCHANT PASS HOLDERS, ENCOURAGING THEM TO SPEND THE NIG HT AND/OR EXTEND THEIR STAY AND SPEND TIME SHOPPING AND DINING IN VAIL AT T HE END OF THE SKI DAY. WHO CURRENTLY FUNDS YOUR ORGANIZATION (OTHER GOVERNMENTS. PRIVATE DONATIONS TOWN OF VAIL $55,355 USER FEES. ETC.)? MEMBER DUES $72,720 ORGANIZATION'S MISSION STATEMENT' TO PROMOTE AND SUPPORT COMMERCE AND ENTERPRISE IN THE TOWN OF VAIL WHILE WORKING WITH THE TOV AND VRI TO BE THE PREMIER MOUNTAIN RESORT COMMUNITY. ~~ Vail Chamber & ~: o Business Association VAIL CHAMBER & BUSINESS ASSOCIATION 2006 TOWN OF VAIL FUNDING REQUEST VAIL LOVES YOU COUPON BOOK REVENUE 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org COUPON SALES 20 440 TOTAL REVENUE 20 440 EXPENSES MEDIA KIT/MAILING $500 CREATIVE DESIGN 5,400 PRINTING 9,125 DENVER INTERNATIONAL AIRPORT 1,440 1-70 AND FRONT RANGE COVERAGE 1,920 SALES COMMISSIONS, TAXES 4,375 ADMINISTRATION/STORAGE 1,250 PUBLISHER EXPENSE 1,875 ADVERTISING 500 COORDINATION FEE 2,400 TOTAL EXPENSES 28 785 TOTAL EXPENSES OVER REVENUE 8 345 Please Note: Last year, the coupon books were not mailed out, but distributed locally. This year the VCBA has adjusted the budget to include a direct mailing of 40,000 to Colorado Pass Holders. Merchant Pass holders will continue to be distributed locally. Vail Chamber & :~~: o Business Association Balance Sheet: As of December 31, 2004 ASSETS Current Assets Checking/Savings Checking 121, 003.55 Clearing 800.00 Petty Cash -Cash on hand ~ 100.00 Total Checking/Savings 121,903.55 Accounts Receivable Accounts Receivable 39,294.70 Total Accounts Receivable 39,294.70 Other Current Assets Prepaid Expense Total Other Current Assets Total Current Assets 161,925.25 Fixed Assets Furniture, Fixtures, Equipment 27,925.46 Total Fixed Assets 27,925.46 TOTAL ASSETS 189,850.71 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 15,963.76 Total Accounts Payable 15,963.76 Total Current Liabilities 15,963.76 Total Liabilities 15,963.76 Equity Opening Bal Equity 61,482.38 Retained Earnings 109,431.69 Net Income 2,972.88 Total Equity 173,886.95 TOTAL LIABILITIES & EQUITY 189,850.71 727.00 727.00 ` VAIL CHAMBER & BUSINESS ASSOCIATION STATEMENT OF SOURCES AND USES BUDGET SOURCES FYE 12/31/05 Town of Vail 55,355 Vail Resorts Contribution 6,500 Vail Guide Advertising Sales 63.000 Vail Loves You Coupon Advertising Sales 12,000 Membership Dues 81,470 Commissions 37,000 Web Site/Newsletter Advertising 2,500 Miscellaneous 700 TOTAL REVENUE $258,525 USES Fixtures and Equipment ' Computer 1,600 Office Equipment 5,700 $7,300 Information Services Advertising/Promotions 4,900 IntemetM/eb Site 5,200 Dues/Subscriptions 980 Newsletter 4,600 The Vail Guide 88,000 Discover Gift Program 6,165 Vail Loves You Coupon Book 20,500 Streetscape 700 Color People 3,000 $134,045 Operating Expenses Rent 10 Remodel/Maintenance 750 Telephone 10,450 Postage 2,000 Office Supplies 4,500 Travel & Entertainment 1,000 Insurance 650 Accounting, Legal & Audit 1,500 Credit Card Fees 500 Board of Directors Expense 3,200 Miscellaneous 500 $25,060 Personnel Salaries and Wages 106,560 P/R Taxes 6,922 Payroll Fees 1,560 401 (k) Plan 1,500 Workeis Comp. 700 SkUParking Pass 300 $ 117,542 Member Services Speakers/Presentors 750 Monthly Meetings 6,000 Membership Drive 3,500 Community Mixer 3,000 Community Meetings 500 Org. Sponsorship/Member Benefits 5,OOD Contributions 300 Premier Impressions 24,469 $ ~ 43,519 TOTAL EXPENSES 5327,466 TOTAL REVENUE $258,525 TOTAL REVENUE OVER EXPENSES -$68,941 ~1 Vail Chamber & :.~: v Business .,,,. Association Vail Town Council 75 S. Frontage Road Vail, Colorado 81657 July 26, 2005 RE: Funding Requests Dear Town Council: 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org please find enclosed a contribution request from the Vail, Chamber & Business Association for vailchamber.org. If you require any additional information, please do not hesitate to contact us via phone or a-mail. We look forward to a continued strong relationship with the Town of Vail. Vail Chamber & :~~_ o Business Association 1 NAME OF ORGANIZATION: 2 CONTACT PERSON: 3 MAILING ADDRESS: 4 5 s 7 8 9 10 11 12 13 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org VAIL COMMUNITY CHAMBER, INC. dba VAIL CHAMBER & BUSINESS ASSOCIATION KAYE FERRY, DIRECTOR 241 S. FRONTAGE ROAD EAST, SUITE 2 VAIL, CO 81657 TELEPHONE: (970) 477-0075 E-MAIL ADDRESS: kayeferry@vailchamber.org MEMBERS AND TITLES OF GOVERNING BOARD: * Advisory DAN BARRY EYEPIECES MARKA BRENNER BLUE SKY MORTGAGE DALE BUGBY, VICE-PRESIDENT VAIL RESORTS RENTALS JOHN COGSWELL THE SQUASH BLOSSOM JORDAN DENNING UNITED PARCEL STORE KAYE FERRY, EXECUTIVE DIRECTOR K. FERRY, INC. LOURDES FERZACCA LA TOUR TOM GORMAN VAIL VALLEY MEDICAL CENTER GHIQUI HOFFMAN LAUGHING MONKEY NICOLE HOFFMAN-EWING THE RUCKSACK/THE GENERAL STORE BILL JENSEN VAIL RESORTS, INC. STEVE ROSENTHAL, PRESIDENT COLORADO FOOTWEAR RICH TENBRAAK MANOR VAIL RON WEINSTEIN, SECY/TREASURER ~ ROXY AMOUNT OF CONTRIBUTION REQUESTED: $11,555 ORGANIZATION FISCAL YEAR-END: DECEMBER 31 ARE YOUR BOOKS AUDITED? NO HOW WILL THE CONTRIBUTION BE USED? VAILCHAMBER.ORG HOW DOES YOUR REQUEST SUPPORT ITEM 1-C OF THE CONTRIBUTION POLICY AS A PROMOTIONAL TOOL, THE VCBA WEBSITE IS OFTEN THE FIRST CONTACT A GUEST MAKES WHEN PLANNING THEIR VACATION IN VAIL. OUR WEBSITE IS THE ONLY ONE TO PROVIDE A COMPLETE LISTING OF ALL BUSINESS LICENSE HOLDERS IN THE TOWN OF VAIL. THIS IS DONE AS A COMMUNITY SERVICE FREE OF CHARGE FOR ALL BUSINESSES REGARDLESS OF WHETHER THEY ARE VCBA MEMBERS OR NOT. IN ADDITION TO VCBA INFORMATION, THE WEBSITE ALSO PROVIDES THE GUEST WITH A CALENDAR OF EVENTS, MAPS, TRANSPORTATION SCHEDULES, CHURCH SERVICES, STREET- SCAPE INFORMATION, TOWN COUNCIL AGENDAS AND MEETING MINUTES, AND A LINK TO THE TOV SITE. WE WOULD LIKE YOU TO PARTNER WITH US IN UPGRADING OUR WEBSITE IN ORDER TO PROVIDE THE GUEST WITH EASIER ACCESS AND MORE TIMELY INFORMATION. YEAR-TO-DATE WE HAVE RECEIVED 502,908 HITS ON THIS WEBSITE. WHO CURRENTLY FUNDS YOUR ORGANIZATION (OTHER GOVERNMENTS PRIVATE DONATIONS TOWN OF VAIL $55,355 USER FEES. ETC.1? MEMBER DUES $72,720 ORGANIZATION'S MISSION STATEMENT• TO PROMOTE AND SUPPORT COMMERCE AND ENTERPRISE IN THE TOWN OF VAIL WHILE WORKING WITH THE TOV AND VRI TO BE THE PREMIER MOUNTAIN RESORT COMMUNITY. Vail Chamber & :~~: o Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org VAILCHAMBER & BUSINESS ASSOCIATION 2006 TOWN OF VAIL FUNDING REQUEST VAILCHAMBER.ORG EXPENSES HOSTING DOMAIN FEES UPGRADE WEBSITE DESIGN AND LINKAGE IMAGING ~ MARKETING AND ADVERTISING TOTAL EXPENSES $270 385 3,400 2,500 5,000 11 555 Vail Chamber & ~: o Business Association 241 S. Frontage Rd. E., Suite 2 Vail, Colorado 81657 Phone: 970.477.0075 FAX: 970.477.0079 E-mail: info@vailchamber.org Balance Sheet: As of December 31, 200 ASSETS Current Assets Checking/Savings Checking Clearing Petty Cash -Cash on hand Total Checking/Savings Accounts Receivable 121, 003.55 800.00 100.00 121, 903.55 Accounts Receivable 39,294.70 Total Accounts Receivable 39,294.70 Other Current Assets Prepaid Expense Total Other Current Assets • Total Current Assets Fixed Assets Furniture, Fixtures, Equipment Total Fixed Assets TOTAL ASSETS LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable Total Accounts Payable Total Current Liabilities Total Liabilities Equity Opening Bal Equity Retained Earnings Net Income Total Equity TOTAL LIABILITIES & EQUITY 727.00 727.00 161, 925.2'5 27,925.46 27,925.46 189,850.71 15,963.76 15,963.76 15,963.76 15,963.76 61,482.38 109,431.69 2,972.88 173,886.95 189,850.71 VAIL CHAMBER 8 BUSINESS ASSOCIATION STATEMENT OF SOURCES AND USES BUDGET SOURCES FYE 12/31705 Town of Vail 55,355 Vail Resorts Contribution 6,500 Vail Guide Advertising Sales 63,000 Vail Loves You Coupon Advertising Sales 12,000 Membership Dues 81,470 ' Commissions 37,000 Web Site/Newsletter Advertising 2,500 ' Miscellaneous 700 TOTAL REVENUE $258,525 USES Fixtures and Equlpment Computer 1,600 Office Equipment 5,700 $7,300 Information Services Advertising/Promotions ~ 4,900 InterneVWeb Site 5,200 ' Dues/Subscriptions 980 Newsletter 4,600 ' The Vail Guide 88,000 Discover Gift Program 6,165 Vail Loves You Coupon Book 20,500 Streetscape 700 Color People 3,000 $134,045 OpeFating.Ezpenses ' Rent 10 RemodeUMaintenance 750 Telephone 10,450 Postage 2,000 ~ Office Supplies r 4,500 ' Travel & Entertainment 1,000 Insurance 650 Accounting, Legal & Audit 1,500 Credit Card Fees 500 ~, Board of Directors Expense ~ 3,200 Miscellaneous 500 $25,060 Personnel ~ Salaries and Wages 106,560 'I P/R Taxes 6,922 Payroll Fees I 1,560 ~ 401 (k) Plan 1,500 ' Worker's Comp. 700 SkUParking Pass 300 $ 117,542 Member Services Speakers/Presenters 750 j Monthly Meetings 6,000 -~ Membership Drive 3,500 Community Mixer 3,000 ' Community Meetings 500 Org. Sponsorship/Member Benefits 5,000 Contributions 300 Premier Impressions 24,469 S 43,519 TOTAL EXPENSES $327,466 TOTAL REVENUE $258,525 TOTAL REVENUE OVER EXPENSES -$68,941 APPLICATION FOR TOWN OF VAIL FUNDING PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INIC 1. Name of organization: Vail Farmers' Market 2. Contact person: Rick Scalpello Mailing address: PO Box 1.978 Vail, CO 81658 4. Telephone: 970-479-1711 5. E-mail address: scalpelloC~?attgl.obal.net 6. Members and Titles of your governing board: Riclc Scalpello -President Jonathan Staufer -Director Joe Staufer -Director 7. Amount of contribution requested: In Kind Services: Estimated cost $8,000 8. Organization fiscal year-end: December 9. Are your books audited? No 1"l. How will the contribution be used? Tr•tffic control for TOV buses and for pedestrians at the Vail Road & Meadow Drive intersection. for every Sunday of the Vail Farmers' Market. Estimated cost: $5,000. Drop o.ff/pickup of temporary bus stop signs, parking signs, no-entry signs, cattle guards, etc and trash bag pickup. Estimated cost: $3,000. 12. I=low does your request support item "1C of the contribution policy? These services wail improve visitor satisfaction and increase their intent to return by providing a safer environment for buses and for pedestrian when crossing Vail Road. The convenient temporary bus stops will allow visitors to spend more money it1 Vail and thereby generate more sales taxes. The Vail Farmers' Market has become the largest event in Vail. in terms of attendance, more than 60,000 annually. Vendor permit fees and vendor sales taxes were $10K in 2004, but the larger impact is the increased revenues/taxes of Vail businesses. More than one-third of the vendors in the market are from Vail, plus all the additional sales other Vail businesses do as a result of the increased pedestrian traffic. An.d the market helps visitors forget about our construction .for a day. 13. Who currently ftulds your organization (other governments, private donations, user fees, etc.)? Vendor Fees, Member Dues, Sponsors 1.4. Organizati.on's mission statement: Attract foot traffic to Meadow Drive businesses (If. more room is needed to answer questions, please use the back of this page.) 1 r APPLICATION FOR TOWN OF VAIL FUNDING VAIL FARMERS' MARKET Statement of Sources and Uses htstructions: Round all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Year Budget Revenues: (List by funding source) Vendor Fees Contributions Total Revenue Expenses: Market Operations Total Expenses Total. Revenue Minus Expense 18,000 2,000 $ $ 20,000 zo,ooo zo,oo0 $ 0 2 vAU.uAIa.Ex FOUNDATION _ Proaiding leadership - r Ira 4thletic, educational and cultural eudeauors to enlaaarce and sustain ~ ' the quality of life in the ~` - Vail Valley - Board of Directors July 28, 2005 - President Gerald R. Ford _ Adam Aron - Rnger Behler Vail Town Council ~ - Judith Berkowitz - ' Marlene Boll TOWn Of Vall Bjorn Lrik Borgen 75 South Fronta e Road West ' Jack Crosby g _ Andrew Daly Vail, CO 81657 William lisrey - Johannes I~aessler ' 'Timothy Pincheni Cecilia Polz, President _ - Fhrrry Frampton, III, Chaff[person ~ _ ' Stephen Friedman ' Gerald Gallegos Dear Town of Vail Council: John Galvi^ - , John Garnsey - ~ ' George Gillett, Jr. Dni,na Giordano Thank you for the opportunity to present. the Vail Valley Foundation's 2005 grant ShAikaGramshammer ~ re uest to the Town of Vail. The. hiloso hlcal and financial su ort rovided to Martha Head ~l h p ~. ~ pp p William Hybl the Vail Valley Foundation gives .us the opportunity to host grent• events and William Jensen Jack Kemp, community programs that benefit all citizens of this valley. ~ - KentLogan John Maher - - ' ,>eter May Included in our grant proposal is a request for cultural program support at a total R.A. "Chupa" Nelson J. "°°g'`'S Rippe` of $72'500 cash. In addition at the recommendation of Town of Vail staff we Michael Shannon > > > > Stanley Shaman _ have submitted a request for in-kind support ~of our athletic endeavors., We will Rodney Slifer Ann smeacl be approaching the Commission on. Special Events for a cash contribution, the Oscar Tang Craig Taber amount of which will be dependent upon Council decision on in-kind support. ' Stewart. "Cw'ley Directors Emeritus Once agaln, with the full support of athletic programs, the Town of Vail will James Berry G•addock Pepi Gramshama»er - receive two Eagle Medallions-in addition to the event specific benefits. Steve Haber - Blaine Kelton ~ ~ ' 2001 Mountain Bihe Thank you again, and please-call-me at 949-1999; if I may answer any questions., World Championships , 7.999 World A/pine Sincerely ` Ski Championships 1 ~ 1994 Wirr[d Mountain _ - Bike Championships 1989 Wi~rld Alpine . Ski Claanrpionskips , AF.I w~rrdFornna ..Terry Brady - Anrvrican ski Classic V1Ce PreSldent F_ducation Lritiatiues - F'tsAlpine Wnr~d cop Cc: Stan Zemler, Town Manager - Cerald RFord Amphitheater ~ ' vicar Pavilion ,. •Pam Brandmeyer, Assistant Town Manager The Sessiar Snnwboard F.'vent ' _ _ ~ Vail Valley Foundation - • Sclmlarship~Program ~ _ Vail Gaternatio»dl ~ ` Uanre Festiual Vicar Center jar the Arts - 1?0. Rox 309 _ - vail, Colorado 81658 _ - - '970-949-1999 ~ , Pax 970-949-9265 www uvjorg A Colorado 501 (c) (3) ' ' Nnnprojit Corporation -- ~ ' VAII.UALLEY FOUNDATION Sponsorship Grant Proposal 2006 7nWNOF CULTURAL SPONSORSHIP GRANT PROPOSAL ' for the TOWN OF VAIL i~ 2005 - 2006 STREET BEAT WINTER CONCERT SERIES 1 u 1 2006 GERALD R. FORD AMPHITHEATER 2006 VAIL INTERNATIONAL DANCE FESTIVAL presented by the VAIL VALLEY FOUNDATION L~' 1 1 1 APPLICATION FOR TOWN OF VAIL FUNDING 1. Name of organization: Vail Valley Foundation 2. Contact person: Terry Brady, Vice President of Sales and Operations 3. Mailing address: P.O. Box 309, Vail, CO 81658 4. Telephone: 970/949-1999 5. Email address: tbrady@wf.org 6. Members and titles of governing board: President Gerald R. Ford Adam Aron Roger Behler Judith Berkowitz Marlene Boll Bjorn Erik Borgen Jack Crosby Andrew Daly William Esrey Johannes Faessler Tim Finchem Ceil Folz, President Harry Frampton, Chairman of the Board Stephen Friedman Gerald Gallegos John Galvin John Garnsey George Gillett Donna Giordano Sheika Gramshammer Martha Head William Hybl William Jensen Jack Kemp Kent Logan John Maher Peter May Chupa Nelson Doug Rippeto Michael Shannon Stanley Shuman Rodney Slifer Ann Smead Oscar Tang Craig Tuber Stewart Turley 1 1 1 1 1 1 1 1 1 1 1 1 1 1 7. Amount of contribution requested: $75,750 and in-kind support of $9,300 8. Organization fiscal year-end: January -December 2006 9. Are your books audited: Yes -annually 11. How will the contribution be used: Please see attached information. 12. How does your request support item 1 C of the contribution policy: A positive, sustained economic climate. 13. Who currently funds your organization (other governments, private donations, user fees, etc.): Town of Vail, Town of Avon, Town of Eagle, Eagle County, Beaver Creek Resort Company, private donations and corporate sponsorships. 14. Organization's mission statement: The Vail Valley Foundation is anon-profit organization dedicated to enhancing the spirit of the Vail Valley through athletic, cultural and educational endeavors. 2005 - 2006 STREET BEAT FREE WINTER CONCERT SERIES December, 2005 - 3 to 4 event dates planned ' February 8 -April 12, 2006 Street Beat, Vail's winter entertainment series provides an exciting and energetic opportunity for street ' While the spirit of the concert series revolves around community support and participation, a malt beverage company will claim entitlement to Street Beat and a Gold Sponsor (Volvo) will present and entitle the prize giveaway category (2006 Volvo automobile). Local businesses will also assist with ' trade prizes and financial support. Street Beat is produced and organized by the Vail Valley Foundation. 1 GENERAL TOWN OF VAIL BENEFITS ' • Added value to guests' and locals' experiences • Brings locals back into town on a day and time when they might otherwise not come ' SPONSORSHIP BENEFITS • Identification on all printed material (event brochures, posters, newspaper ads, etc.) ' • Venue signage • Verbal and visual recognition at all concerts parties, concerts and spectacular prize giveaways. Likened to the incredibly successful Hot Summer Nights, Street Beat offers mid-week outdoor entertainment for guests of the Vail Valley and locals alike. The inaugural season, 1999-2000 was extremely successful. Attendance exceeded everyone's expectations, drawing approximately 5,000 people to the season finale and bringing the season total to more than 30,000 attendees. Attendance in 2001-2002 exceeded the 2000-2001 season, credited to the ' relocation of the venue and better artist selection. In light of the increase, the following seasons were split to avoid the coldest part of the winter season. This proved to be a great success and the schedule ' will break again for January during the upcoming season. Every Wednesday night, a street party, concert and giveaway presentation will be hosted in Vail ' Village. From 6:00 - 7:30pm, thematic parties and varying styles of music will showcase the Vail Valley as the premier ski resort. Our mission is to enhance the guest experience and increase the excitement of a Vail vacation, while encouraging locals to enjoy their community. In addition, our goal is to attract people to the village with the intent to increase Town of Vail business revenue. The Vail Valley Foundation is open to supplemental programs with the town and merchants if so desired. 1 1 i 2005 - 2006 WINTER CONCERT SERIES GRANT REQUEST The Vail Valley Foundation kindly requests that the Town of Vail consider a $28,500 cash contribution plus an in-kind donation of police and public works support valued at $6,500. 1 1 1 1 1 1 2006 VAIL INTERNATIONAL DANCE FESTIVAL LATE JULY, EARLY AUGUST, 2006 In 2005, the Vail International Dance Festival will be celebrating its 17th anniversary of presenting world-class guest artists and exclusively produced productions. Since its inception in 1989, when the Bolshoi Academy first performed at the Gerald R. Ford Amphitheater, the Festival has grown to be recognized world-wide for its innovative and outstanding performances and educational programs. Highlights include the U.S. debuts of Dou Dou Huang of the Shanghai Dance Company, Agnes Letestu and Jose Martinez, principal dancers with the Paris Opera Ballet and the first USA performances of Dimitry Gudanov and Anastasia Goriacheva, principals with the Bolshoi Ballet. The 2005 event will be highlighted by, according to Pointe Magazine, the top two dance couples in the world -Tamara Rojo and Inaki Urlezaga and Paloma Herrera and Marcelo Gomes. The Festival supports the development of young choreographers and annually commissions new works to be world premiered in Vail -works that continue to live on in the repertories of major dance companies. A series of complimentary, informative and educational Dance Dialogues and Vail Village fringe appearances by visiting guest artists add depth and increased appreciation of the art form. Artists appearing over the years include the Bolshoi Ballet Academy, soloists from the famed La Scala Ballet, Paris Opera Ballet, Stuttgart Ballet, Royal Ballet of England, American Ballet Theatre, New York City Ballet, Ballet de Santiago and National Ballet of Canada, to name but a few. GENERAL TOWN OF VAIL BENEFITS • Added dimension to summer in Vail Positions Vail as an international center of cultural arts • According to independent surveys on destination visitation during 2001, 49% of respondents said they came to the area for the event, and 73% had lodging in the Town of Vail. The surveys are conducted every four years, and the next data will be available in late summer of 2005. SILVER SPONSOR BENEFITS • Listing as Silver Sponsor of Vail International Dance Festival • Listing as Silver Sponsor on performance poster • Right to use the Vail International Dance Festival logo • Four (4) seats in Dress Circle for all performances • Four (4) VIP tickets to Vail International Dance Festival Gala • Four (4) invitations to social functions • Class observation opportunities 1 2006 VAIL INTERNATIONAL DANCE FESTIVAL GRANT REQUEST ' The Vail Valley Foundation kindly requests that the Town of Vail consider a $22,250 cash contribution. 1 GERALD R. FORD AMPHITHEATER Summer Season 2006 The 2005 amphitheater season is underway and opens its gates for the fourth season in a beautifully remodeled facility. Locals and guests of all ages flock to the theater for a diverse mix of entertainment. From the 2005 Hot Summer Nights series to the Bravo! Vail Valley Music Festival's symphonies, and hot performers like Crosby Stills and Nash, Norah Jones and B.B. King, the Gerald R. Ford Amphitheater serves as the cultural centerpiece of the Vail Valley. The Vail Valley Foundation aims to, once again, host top-tier performances during its 2006 summer season! Bravo! Vail Valley Music Festival orchestras, Hot Summer Nights and the Vail International Dance Festival anchor the 2006 amphitheater schedule. ' Continuing with its incredible popularity, the Hot Summer Nights series will feature eight performances and will undoubtedly attract an average of 3,000 participants to each concert. Our opening act of 2005, Dierks Benltey drew over 3,000 locals and guests to the facility. GENERAL TOWN OF VAIL BENEFITS • Amphitheater productions showcase Vail as a premier summer resort • Provides the major venue for performing artists and special events in Vail • Programming policy ensures performance variety for Vail audiences • Convention use for summer conferences • Unique venue and programming sets Vail apart from other mountain resorts • Gaining regional and national recognition SUPPORTER BENEFITS • Identification as major contributor in the building of the Gerald R. Ford Amphitheater • Four (4) reserved seats at all Gerald R. Ford Amphitheater productions ' 2005 GERALD R. FORD AMPHITHEATER GRANT REQUEST The Vail Valley Foundation kindly requests that the Town of Vail consider a $25,000 cash contribution to help support a portion of the Hot Summer Nights series and services provided to ' the community at the facility. We also ask fora $2,800 in-kind contribution for police presence during the Hot Summer Nights events. 1 1 1 1 1 1 1 1 2005 Vail Valley Foundation Financial Overview Revenue Source Total Amount Percentage of Budget Individual Contributions National/International Corporate Sponsors Community Cash Sponsorships Trade Sponsorships Government Support Ticket Sales and Fees Other Contributions $3,600,000 41 $2,800,000 32% $285,000 3% $950,000 11 $225,000 3% $760,000 9% $115,000 1 TOTAL REVENUES $8,735,000 100% Expenses Total Amount Percentage of Budget Athletic Event Programming $4,001,000 46% - American Ski Classic -The Session -World Cup Ski Races Cultural Programming $1,752,000 20% -Gerald R. Ford Amphitheater -Hot Summer Nights -Streetbeat -Dance Festival Education $625 000 7% General Administration $2,150,000 25% Community Contributions $246,000 3% TOTAL EXPENSES $8,774,000 100% ' IN-KI D N ATHLETIC SPONSORSHIP ' GRANT PROPOSAL for the ' TOWN OF VAIL ' 2005 BIRDS OF PREY ' 2006 THE SESSION 2006 AMERICAN SKI CLASSIC presented by the ' VAIL VALLEY FOUNDATION APPLICATION FOR TOWN OF VAIL FUNDING 1. Name of organization: Vail Valley Foundation 2. Contact person: Terry Brady, Vice President of Sales and Operations 3. Mailing address: P.O. Box 309, Vail, CO 81658 4. Telephone: 970/949-1999 5. Email address: tbrady@wf.org 6. Members and titles of governing board: President Gerald R. Ford Adam Aron Roger Behler Judith Berkowitz Marlene Boll Bjorn Erik Borgen Jack Crosby Andrew Daly William Esrey Johannes Faessler Tim Finchem Ceil Folz, President Harry Frampton, Chairman Stephen Friedman Gerald Gallegos John Galvin John Garnsey George Gillett Donna Giordano Sheika Gramshammer Martha Head William Hybl William Jensen Jack Kemp Kent Logan John Maher Peter May Chupa Nelson Doug Rippeto Michael Shannon Stanley Shuman Rodney Slifer Ann Smead Oscar Tang Craig Tuber Stewart Turley 7. Amount of contribution requested: $20,000 in-kind support 8. Organization fiscal year-end: January -December 2006 9. Are your books audited: Yes -annually 11. How will the contribution be used: Please see attached information. 12. How does your request support item 1 C of the contribution policy: A positive, sustained economic climate. 13.Who currently funds your organization (other governments, private donations, user fees, etc.): Town of Vail, Town of Avon, Eagle County, Beaver Creek Resort Company, private donations and corporate sponsorships. 14. Organization's mission statement: The Vail Valley Foundation is anon-profit organization dedicated to enhancing the spirit of the Vail Valley through athletic, cultural and educational endeavors. 2005 BIRDS OF PREY WORLD CUP RACES December 1 - 4, 2005 ' The 2004 Birds of Prey World Cup featured the only four discipline stop on the World Cup tour. The 2004 event was a tremendous success and has become the model for future FIS World Cup scheduling. ' And for the first time ever, USA Men finished Number One and Two in the Downhill with Bode Miller taking gold and Daron Rahlves taking silver. It was the first time since Phil and Steve Mahre finished One /Two in 1984 Winter Olympics in Sarajevo. The 2005 Birds of Prey World Cup week will again feature Men's World Cup Downhill, Super-G, Giant Slalom and Slalom competitions on Beaver Creek's internationally renowned Birds of Prey course. Showcased during the 1999 World Alpine Ski Championships, Birds of Prey is widely recognized as one of the most technically demanding racecourses in the world. In addition, it is the perfect venue for all four disciplines. ' Enterin into an Ol is ear the 2005 event will see increased media and ress covera e. The races g YmP Y ~ p g will see prime time international television coverage and weekend prime time coverage domestically. ' The Vail Valley's annual World Cup events have emerged as one of the most extensively chronicled ski competitions in North America each winter. Over the past 16 years, Vail and Beaver Creek World ' Cup events have been televised by ABC, CBS, NBC and ESPN and numerous cable stations. The 2005 Birds of Prey World Cup week will be no exception, with four hours of scheduled 1 programming on the OLN (Outdoor Life Network) and NBC networks. A one-hour Birds of Prey television special of the Men's Downhill race will air on NBC December 3, 2005, reaching over one million dunng the holiday season. The Men's Super-G and Giant Slalom races will be showcased ' during one-hour OLN specials. International television coverage has also been extensive, reaching in excess of 400 million viewers worldwide each year. As in past years, the coverage is expected to equal the following if not greater; finalization of international broadcasts and rights are pending: Eleven (11) nations will broadcast live the Downhill, Super-G, Giant Slalom and Slalom ' Six (6) nations will delay broadcast the Downhill, Super-G, Giant Slalom and Slalom Fourteen (14) nations will do a magazine broadcast of all races Seven (7) nations will provide news feed ' In addition to television exposure, print and photo media have been well represented, both nationally and internationally, and World Cup alpine ski racing in the Vail Valley has established a broad base of support and exposure from all segments of the media. I 1 GENERAL TOWN OF VAIL BENEFITS • Four (4) hours national television coverage of the Vail Valley on the OLN and NBC networks • International television coverage of the Vail Valley • Worldwide television audience of over 400 million • Visitation by more than 250 media members • Attracts large crowds to Vail/Avon/Beaver Creek • Community building with over 600 volunteers valley wide 2005 BIRDS OF PREY WORLD CUP WEEK • Four (4) VIP credentials • Four (4) social invitations • Two (2) VIP gift bags • Recognition on all printed material ' 2005 BIRDS OF PREY WORLD CUP WEEK GRANT REQUEST The Vail Valley Foundation kindly requests that the Town of Vail consider a $14,000 in-kind ' donation of public transit and ADA transit services. [~ ' 2006 THE SESSION January 12 - 15, 2006 "Three rails, three winners, one session" Vail and Beaver Creek have long been associated with the sport of alpine ski racing, dating back to While many national and international snowboard events reward the best riders in each discipline, this ' event features a combined format focusing on the overall title of an integrated course created from two distinct disciplines -Rails and Super Slopestyle. The first night of the 2005 competition featured death-defying oversized rails on which the riders competed in a "jam session" format. The event was enhanced in 2005 by increasing the number and difficulty of the rails and to the delight of the spectators, allowing up to four riders to be on course at once. The riders stepped up their performances on the second night of THE SESSION on the expertly designed Slope style course at Golden Peak. In ' 2005, Shawn White completed the only 4-900 revolution trick ever performed in competition. A cash purse of over $120,000, one of the largest prize purses in the industry, was awarded during the two-day ' event. In just its third year, THE SESSION was recognized by the nders and snowboard industry in a poll ' taken by Transworld Snowboard magazine, as the fifth best snowboard event in the World. Year four will see additional improvements with a second big screen television and a completely different and innovative rails set up. GENERAL TOWN OF VAIL BENEFITS ' • One (1) hour national television coverage of Vail on the Outdoor Life Network • Commercial in one hour show • Visitation by more than 120 media members • Attracts large crowds to Vail/Avon/Beaver Creek 15,000 plus • Community building with over 100 volunteers valley wide • Recognition on all printed material ' • Recognition on the official sponsor board 1983, when international competition returned to the Vail Valley, through the 1989 and 1999 World Alpine Ski Championships, and including today's classic Birds of Prey World Cup. In an effort to establish "Vail" brand loyalty with a younger demographic, three years ago, the Vail Valley Foundation created THE SESSION, a "circus-like" snowboard invitational adventure for thrill riders from across the globe. The night skies, ahip-hop dee jay in a three-story tower, an incredible flame-thrower, and "a fireworks finale better than most cities' Fourth of July shows," will serve as an impressive backdrop for premier riders from around the world to be showcased in a one-hour broadcast ' on OLN on Super Bowl Saturday 2006. 1 1 1 2006 THE SESSION SNOWBOARD INVITATIONAL GRANT REQUEST The Vail Valley Foundation kindly requests that the Town of Vail consider an in-kind donation ' of parking privileges at the Village parking structure valued at $3,000. 1 1 1 2006 AMERICAN SHI CLASSIC March 22-26, 2006 ' The American Ski Classic is hosted by former President Gerald R. Ford and held annually in the Vail Valley since 1981. This weeklong celebration of the sport of alpine skiing literally offers something ' for everyone, both on and off the slopes. Former Olympic and World Champions will once again rekindle old rivalries in the Legends of Skiing ' Downhill and Giant Slalom, spanning the decades of the sport from the 1950s to today. Names like Franz Klammer, Leonhard Stock, Billy Kidd, Cindy Nelson and Tamara McKinney fill the start order each year as over 30 of the greatest names in ski racing history reunite in the Vail Valley. The 2005 American Ski Classic television show was acquired and aired in High Definition. In addition to national network syndication airing in the forth quarter of 2005, the American Ski Classic ' was shown on Mark Cuban's HDnet in March of 2005. The 2005 event also saw the return of the Legends Downhill and night Giant Slalom. The night race included a free concert by Little Feat and a fireworks display. A favorite of fans as well as participants, the Ford Celebrity Cup team competitions underscore the very essence of the American Ski Classic, celebrating the fun and enjoyment of the sports competition. ' Sponsor representatives have the unique opportunity to race with the Legends, and celebrities from the worlds of entertainment, sports, politics and corporate America. The event is rounded out with festive social events, concerts and street parties. ' GENERAL TOWN OF VAIL BENEFITS • One (1) hour of national network television coverage for the Legends of Skiing and Ford ' Celebrity Cup races (over 103 stations US) • High definition Television show on HDnet ' • Participation by more than 50 members of the national and international press/media • International event recognition • Recognition on all printed material ' • Recognition on the official sponsor board 2006 AMERICAN SKI CLASSIC GRANT REQUEST The Vail Valley Foundation kindly requests that the Town of Vail consider an in-kind donation ' of parking privileges at the Village parking structure valued at $3,000. 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 2005 Vail Valley Foundation Financial Overview Revenue Source Total Amount Percentage of Budget Individual Contributions $3,600,000 41 National/International Corporate Sponsors $2,800,000 32% Community Cash Sponsorships $285,000 3% Trade Sponsorships $950,000 11 Government Support $225,000 3% Ticket Sales and Fees $760,000 9% Other Contributions $115,000 1 TOTAL REVENUES $8,735,000 100% Expenses Total Amount Percentage of Budget Athletic Event Programming $4,001,000 46% - American Ski Classic -The Session -World Cup Ski Races Cultural Programming $1,752,000 20% -Gerald R. Ford Amphitheater -Hot Summer Nights -Streetbeat -Dance Festival Education $625,000 7% General Administration $2,150,000 25% Community Contributions $246,000 3% TOTAL EXPENSES $8,774,000 100% APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS A11 applications must be submitted to the Town of Vail by Fri. July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application, Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, Colorado 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK 1. Name of organization: Vail Valley Chamber & Tourism Bureau 2. Contact person: Katie Barnes 3. Mailing address: 100 E. Meadow Drive, Suite 34, Vail CO 81657 4. Telephone: 970-479-1046 x101 5. E-mail address: Katie@visitvailvalley.com 6. Members and Titles of your governing board: Brian Nolan -Chairman Rob Levine -Vice Chairman Tye Stockton -Secretary Andrew Karow -Treasurer Steve Pope Ian Arthur Tom Backhus Tom Donovan Peggy Curry Jim Feldhaus Joel Heath Steve Kaufman Arn Menconi Amy Phillips Beth Slifer 7. Amount of contribution requested: $5,000 8. Organization fiscal year-end: December 31St, 2005 9. Are your books audited? Yes 3 ~s 11. How will the contribution be used? This contribution will be used to ensure the continuation of the Vail Concierge Nights program and www.vailconcierge.comtyeb site. Funds will contribute to staff time, materials and marketing of the Vail Concierge Nights, an event that brings concierges and front desk staff to Vail during several evenings in early December in order to educate them on the visitor's experience and the wwN,.vailvalleyconcierge.comtyeb site that offers an innovative online database of information for concierges. 12. How does your request support item 1C of the contribution policy? This requests supports the Town of Vail's mission by being an educational tool and by improving the economic prosperity of Vail businesses. These programs do this by educating front line staff on Vail's offering including shopping, dining and activities available to visitors. In turn, businesses will receive incremental sales from referrals by these front-line workers who interact with millions of visitors each year. Inherently customer service throughout Vail will continue to improve as well. 13. Who currently funds your organization (other governments, private donations, user fees, etc.)? Membership dues, commissions, co-op marketing programs and publications fund the VVCTB. 14. Organization's mission statement: The VVCTB's mission is to improve the condition for business success. We do this by being THE organization dedicated to leading the economic vitality of the community by: a. Setting new standards for regional cooperation and collaboration among our stakeholders, including area businesses, government entities and private organizations. b. Attracting and retaining customers c. Partnering with area businesses to enhance their level of success. We effectively operate through self-sustaining business and marketing programs and financial partnerships with our valued stakeholders. (If more room is needed to answer questions, please use the back of this page.) 4 APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Instructions: Round all figures to the nearest dollar: Please present in as much detail as possible. Most Recent Completed Fiscal Year (Date: 12/31/2004 ) Assets: Total Checking/ Savings Accounts Receivable Prepaid Expenses Total Current Assets: Total Property & Equipment: Total Assets: Liabilities: Accounts Payable Lute of Credit Accrued Payroll & Payroll Tax Liabilities Advance Deposits & Related Liabilities Deferred Revenue Total Current Liabilibites: Retained Earnings Net Income Total Equity Total Liabilities & Equity: $195,167 108,624 29,548 $333,339 $62,259.31 $395,598 $ 40,363 40,000 45,676 26,371 315,762 $468,172 ( 91,586) 19,012 $(72,574) $395,598 5 APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses Instructions: Round all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Year Budget - 2005 Revenues: Stakeholders Contributions Local Marketing District Contract TOV Contracts Dues Income Co-operative publications Partner programs Lodging commissions , Package commissions Group lodging commissions Group co-operative commissions Corporate sponsorships Visitor Center uzcome LQA Contributions & Fees Public Relations income Interest & Miscellaneous income Total Budgeted Revenue: Expenses: Departmental Expenses: Partnership Development Conference Sales Information Services Marketing Central Reservations Admire/General Allocated Expense Depreciation Total Budgeted Expense: $ 50,000 105,000 170,884 575,458 524,000 82,950 246,575 23,546 126,000 109,500 65,000 18,478 202,941 52,300 11,300 $ 2,363,933 $193,586 362,993 177,228 727,202 213,688 302,209 310,753 30,000 $ 2,317,660 Total Revenue Minus Expense $46,273 6 APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Fri. July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, Colorado 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK 1. Name of organization: Vail Valley Chamber & Tourism Bureau/Vail Valley Economic Council 2. Contact person: Frank Johnson 3. Mailing address: 100 E. Meadow Drive, Suite 34, Vail CO 81657 4. Telephone: 970-477-4008 5. E-mail address: frank@visitvailvalley.com 6. Members and Titles of your governing board: Brian Nolan -Chairman Rob Levine -Vice Chairman Tye Stockton -Secretary Andrew Karow -Treasurer Steve Pope Ian Arthur Tom Backhus Tom Donovan Peggy Curry Jim Feldhaus Joel Heath Steve Kaufman Arn Menconi Amy Phillips Beth Slifer 7. Amount of contribution requested: $5,000 8. Organization fiscal year-end: December 31St, 2005 i~ 3 9. Are your books audited? Yes 11. How will the contribution be used? This contribution will be combined with investments from Eagle County, Town of Avon, and the private sector to provide funding for the implementation of economic enhancement programs highlighted in the Regional Economic Baseline Study currently being conducted by University of Colorado/Leeds School of Business. 12. How does your request support item 1C of the contribution policy? Support of the development of programs to enhance the economic vitality of Vail and the surrounding communities is a key ingredient of the Town of Vail's mission. The study will highlight impacts of tourism and demographic trends as well as future part time resident growth on the availability of workforce, workforce retention, and job creation on the greater Vail community, and enable us to begin the dialogue on problem identification and solution that will continue to enhance our area as a wonderful place to live and work 13. Who currently funds your organization (other governments, private donations, user fees, etc.)? Membership dues, commissions, co-op marketing programs and publications fund the WCTB. Economic Council funding is isolated from the general funding of the VVCTB, and is only used for Economic Council projects. 14. Organization's mission statement: The WCTB's mission is to improve the condition for business success. We do this by being THE organization dedicated to leading the economic vitality of the community by: a. Setting new standards for regional cooperation and collaboration among our stakeholders, including area businesses, government entities and private organizations. b. Attracting and retaining customers c. Partnering with area businesses to enhance their level of success. We effectively operate through self-sustaining business and marketing programs and financial partnerships with our valued stakeholders. (If more room is needed to answer questions, please use the back of this page.) 4 APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Instructions: Round all figures to the nearest dollar. Please present in as much detail as possible. Most Recent Completed Fiscal Year (Date: 12/31/2004 ) Assets: Total Checking/Savings Accounts Receivable Prepaid Expenses Total Current Assets: $195,167 108,624 29,548 $333,339 Total Property & Equipment: Total Assets: Liabilities: Accounts Payable Line of Credit Accrued Payroll & Payroll Tax Liabilities Advance Deposits & Related Liabilities Deferred Revenue Total Current Liabilibites: Retained Earnings Net Income Total Equity $62,259.31 $395,598 $ 40,363 40,000 45,676 26,371 315,762 $468,172 ( 91,586) 19,012 $(72,574) Total Liabilities & Equity: $395,598 5 APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses Instructions: Round all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Year Budget - 2005 Revenues: Stakeholders Contributions Local Marketing District Contract TOV Contracts Dues Income Co-operative publications Partner programs Lodging commissions Package commissions Group lodging commissions Group co-operative commissions Corporate sponsorships Visitor Center income LQA Contributions & Fees Public Relations income Interest & Miscellaneous income Total Budgeted Revenue: Expenses: Departmental Expenses: Partnership Development Conference Sales Information Services Marketing Central Reservations Admin/General Allocated Expense Depreciation Total Budgeted Expense: $ 50,000 105,000 170,884 575,458 524,000 82,950 246,575 23,546 126,000 109,500 65,000 18,478 202,941 52,300 11,300 $ 2,363,933 $193,586 362,993 177,228 727,202 213,688 302,209 310,753 30,000 $ 2,317,660 Total Revenue Minus Expense $46,273 6 APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Fri. July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, Colorado 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK 1. Name of organization: Vail Valley Chamber & Tourism Bureau 2. Contact person: Kelli McDonald 3. Mailing address: 100 E. Meadow Drive, Suite 34, Vail CO 81657 4. Telephone: 970-477-4016 5. E-mail address: kmcdonaldQvisitvailvalley.com 6. Members and Titles of your governing board: Brian Nolan -Chairman Rob Levine -Vice Chairman Tye Stockton -Secretary Andrew Karow -Treasurer Steve Pope Ian Arthur Tom Backhus Tom Donovan Peggy Curry Jim Feldhaus Joel Heath Steve Kaufman Arn Menconi Amy Phillips Beth Slifer 7. Amount of contribution requested: $10,000 8. Organization fiscal year-end: December 31St, 2005 9. Are your books audited? Yes 3 11. How will the contribution be used? This contribution will be used for financial support of a lodging occupancy forecast report. The funds will contribute to the collection, analysis and reporting of occupancy levels in the local properties for upcoming months on a daily or weekly basis. 12. How does your request support item 1C of the contribution policy? Support of a lodging occupancy forecast will enable the Town of Vail and businesses in Vail to better predict volume of business and staff accordingly to ultimately give the citizens and guests a better level of service. Another potential benefit would be enhanced accuracy of prediction of sales tax. Lodging occupancy touches most every recreational, educational and cultural organization in the community because of the impact the lodging business has on the community. 13. Who currently funds your organization (other governments, private donations, user fees, etc.)? Membership dues, commissions, co-op marketing programs and publications fund the VVC'TB. 14. Organization's mission statement: The VVCTB's mission is to improve the condition for business success. We do this by being THE organization dedicated to leading the economic vitality of the community by: a. Setting new standards for regional cooperation and collaboration among our stakeholders, including area businesses, government entities and private organizations. b. Attracting and retaining customers c. Partnering with area businesses to enhance their level of success. We effectively operate through self-sustaining business and marketing programs and financial partnerships with our valued stakeholders. (If more room is needed to answer questions, please use the back of this page.) 4 APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Instructions: Round all figures to the nearest dollar. Please present in as much detail as possible. Most Recent Completed Fiscal Year (Date: 12/31/2004 ) Assets: Total Checking/Savings Accounts Receivable Prepaid Expenses Total Current Assets: $195,167 108,624 29,548 $333,339 Total Property & Equipment: Total Assets: Liabilities: Accounts Payable Lute of Credit Accrued Payroll & Payroll Tax Liabilities Advance Deposits & Related Liabilities Deferred Revenue Total Current Liabilibites: Retained Earnings Net Income Total Equity $62,259.31 $395,598 $ 40,363 40,000 45,676 26,371 315,762 $468,172 ( 91,586) 19,012 $(72,574) Total Liabilities & Equity: $395,598 5 APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses Instructions: Round all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Year Budget - 2005 Revenues: Stakeholders Contributions Local Marketing District Contract TOV Contracts Dues Income Co-operative publications Partner programs Lodging commissions Package commissions Group lodging commissions Group co-operative commissions Corporate sponsorships Visitor Center income LQA Contributions & Fees Public Relations income hlterest & Miscellaneous income Total Budgeted Revenue: Expenses: Departmental Expenses: Partnership Development Conference Sales hlformation Services Marketing Central Reservations Admire/General Allocated Expense Depreciation Total Budgeted Expense: $ 50,000 105,000 170,884 575,458 524,000 82,950 246,575 23,546 126,000 109,500 65,000 18,478 202,941 52,300 11,300 $ 2,363,933 $193,586 362,993 177,228 727,202 213,688 302,209 310,753 30,000 $ 2,317,660 Total Revenue Mi1us Expense $46,273 6 APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Fri. July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Peiuny Harpe, Accounting Tech. 75 South Frontage Road West Vail, Colorado 81657 For questions on the financial statements, please contact-Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK 1. Name of organization: Vail Valley Chamber & Tourism Bureau on behalf of the Regional Air Service Council 2. Contact person: Kelli McDonald 3. Mailing address: 100 E. Meadow Drive, Suite 34, Vail CO 81657 4. Telephone: 970-477-4016 5. E-mail address: kmcdonald@visitvailvalley.com 6. Members and Titles of your governing board: Brian Nolan -Chairman Rob Levine -Vice Chairman Tye Stockton -Secretary Andrew Karow -Treasurer Steve Pope Ian Arthur Tom Backhus Tom Donovan Peggy Curry Jim Feldhaus Joel Heath Steve Kaufman Arn Menconi Amy Phillips Beth Slifer 7. Amount of contribution requested: $11,000 8. Organization fiscal year-end: December 315; 2005 9. Are your books audited? Yes IS 3 11. How will the contribution be used? This contribution will be used for financial support of summer air service to the Eagle County Regional Airport by major airlines. The funds will have two purposes: the first $10,000 is a pledge that secures the commercial air service to the EGE airport, and is due based on the results of success of the air program. The remaining $1,000 will be used for administration costs to manage and coordinate the program. 12. How does your request support item 1C of the contribution policy? Support of the air service to the Eagle County Regional Airport positions the Vail community as having easier access to major cities beyond Denver, the air service helps eliminate vehicles east of Vail, offers visitors and special event participants a superior level of service. The air service touches most every recreational, educational and cultural organization in the community because of the demand for access to the Eagle County Regional Airport. 13. Who currently funds your organization (other governments, private donations, user fees, etc.)? Membership dues, commissions, co-op marketing programs and publications fund the VVCTB. 14. Organization's mission statement: The VVCTB's mission is to improve the condition for business success. We do this by being THE organization dedicated to leading the economic vitality of the community by: a. Setting new standards for regional cooperation and collaboration among our stakeholders, including area businesses, government entities and private organizations. b. Attracting and retaining customers c. Partnering with area businesses to enhance their level of success. We effectively operate through self-sustaining business and marketing programs and financial partnerships with our valued stakeholders. (If snore room is needed to answer questions, please use the back of this page.) 4 2005 Regional Air Service Council Statement of Sources and Uses Program Revenue: Admin Fee Income: (By Contributor) 1st Bank 1,000 AI ine Bank 1,000 Beaver Creek Resort Com an 5,000 Beaver Creek Resort Merchants 500 Colorado Business Bank 500 DHL Realt / Dou Landin 250 Dollar Car A Rental 500 Ea le Count 20,000 East West Partners 1,000 Forbes Real Estate Grou 500 James Car ill 1,500 Manor Vail 250 Millennium Bank 300 Park H att Beaver Creek Resort and S a 2,250 Peak Pro erties/B ne Real Estate 500 Ritz-Carlton, Bachelor Gulch 2,250 Slifer, Smith and Fram ton 1,000 Sonnenal Resort of Vail 2,250 Steadman Clinic 500 The Resort Com an 1,000 Town of Avon 1,000 Town of G sum 1,000 Town of Vail 1,000 Vail Board of Realtors 1,000 Vail Cascade Resort and S a 2,250 Vail Valle Chamber and Tourism Bureau 1,000 Vail Valle Jet Center 500 Vail Valle Sure Center 1,000 WMC 1,000 WestStar Bank 1,000 Total Admin Fee Income: Program Expense: Administration 40,500 Travel 1,500 Insurance 4,495 Marketing Co-op 6,305 Total Program Expense: $ 52,800 $ 52,800 Net Program Income/{Loss): $ - 2005 Regional Air Service Council Pledges: Comnanv/Oraanization 1st Tier 2nd Tier 3rd Tier Total 1st Bank 10,000 10,000 Alpine Bank 10,000 10,000 Beaver Creek Resort Company 25,000 25,000 50,000 Beaver Creek Resort Merchants 2,500 2,500 5,000 Colorado Business Bank 2,500 2,500 DHL Realty /Doug Landin 2,500 2,500 Dollar Car A Rental 2,500 2,500 5,000 Eagle County 150,000 50,000 200,000 East West Partners 5,000 5,000 10,000 Forbes Real Estate Group 2,500 2,500 5,000 James Cargill 10,000 5,000 15,000 Manor Vail 1,250 1,250 2,500 Mil{ennium Sank 3,000 3,000 Park Hyatt Beaver Creek Resort and Spa 10,000 12,500 22,500 Peak Properties/Bryne Real Estate 2,500 2,500 5,000 Ritz-Carlton, Bachelor Gulch 10,000 12,500 22,500 Slifer, Smith and Frampton 5,000 5,000 10,000 Sonnenalp Resort of Vail 10,000 12,500 22,500 Steadman Clinic 5,000 5,000 The Resort Company 5,000 5,000 10,000 Town of Avon 10,000 10,000 Town of Gypsum 10,000 10,000 Town of Vail 10,000 10,000 Vail Board of Realtors 10,000 10,000 Vail Cascade Resort and Spa 10,000 12,500 22,500 Vail Resorts 12,500 12,500 25,000 Vail Valley Chamber and Tourism Bureau 10,000 10,000 Vail Valley Jet Center 5,000 5,000 Vail Valley Surgery Center 5,000 5,000 10,000 WMC 5,000 5,000 10,000 WestStar Bank 10,000 10,000 Total Pledges: $ 550,500 APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Iilsti-uctions: Round all figures to the nearest dollar. Please present in as much detail as possible. Most Recent Completed Fiscal Year (Date: 12/31/2004 Assets: Total Checking/ Savings Accounts Receivable Prepaid Expenses Total Current Assets: Total Property & Equipment: Total Assets: Liabilities: $195,167 108,624 29,548 $333,339 $62,259.31 $395,598 Accouunts Payable Lute of Credit Accrued Payroll & Payroll Tax Liabilities Advance Deposits & Related Liabilities Deferred Revenue Total Current Liabilibites: Retained Earnings Net Income Total Equity $ 40,363 40,000 45,676 26,371 315,762 $468,172 ( 91,586) 19,012 $(72,574) Total Liabilities & Equity: $395,598 5 1 APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses hlstructions: Round all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Year Budget - 2005 Revenues: Stakeholders Contributions Local Marketing District Contract TOV Contracts Dues Income Co-operative publications Partner programs Lodging commissions Package commissions Group lodging commissions Group co-operative commissions Corporate sponsorships Visitor Center income LQA Contributions & Fees Public Relations income hlterest & Miscellaneous income Total Budgeted Revenue: Expenses: Departmental Expenses: Partnership Development Conference Sales Information Services Marketing Central Reservations Admire/General Allocated Expense Depreciation Total Budgeted Expense: Total Revenue Minus Expense $ 50,000 105,000 170,884 575,458 524,000 82,950 246,575 23,546 126,000 109,500 65,000 18,478 202,941 52,300 11,300 $ 2,363,933 $193,586 362,993 177,228 727,202 213,688 302,209 310,753 30,000 $ 2,317,660 $46,273 6 8-3-05 Please Note: Following the submittal of this application, the Town of Vail received a reply from Bill Jensen of Vail Resorts affirming the company's interest in merging the community host program with the on-mountain guest services program. This pending merger will result in a reduction in the total number of parking passes requested than what was included in the 7-29-05 submittal. Details are forthcoming. uzanne Sil rthorn APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Fri. July 29, 2005 by 5:00 P.M. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, Colorado 81657 PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK 1. Name of organization: Town Manager's Office, Town of Vail 2. Contact person: Suzanne Silverthorn 3. Mailing address: 75 S. Frontage Rd. Vail CO 81657 4. Telephone: ~ (970) 479-2115 5. E-mail address: ssilverthorn@vailgov.com 6. Members and Titles of your governing board: Rod Slifer, Mayor Dick Cleveland, Mayor Pro Tem Diana Donovan Farrow Hitt Kent Logan Greg Moffet Kim Ruotolo 7. Amount of contribution requested: 25 Blue Parking Passes 8. Organization fiscal year-end: December 31, 2005 9. Are your books audited? ~ Yes 10. How will the contribution be used? The 25 parking passes would be used to continue the. Community Host Program for the winter season of 2005- 06 and the summer of 2006 in partnership with Vail Resorts, Inc. Participants receive their choice of a Blue Parking Pass or Vail/Beaver Creek Merchant Pass in exchange for serving a minimum of 80 hours as a community greeter during peak times. (See back page for details). 11. How does your request support item 1 C of the contribution policy? The Community Host Program supports the TOV's vision of being the premier mountain resort community and its commitment to providing citizens and guests with superior service by offering friendly, knowledgeable information to Vail's guests and creating a seamless customer experience from the streets of Vail to the ski mountain. 12. Who currently funds your organization (other governments, private donations, user fees, etc.)? Taxes, fees and grants from residents, visitors, . governments and organizations. 13. Organization's mission statement: We will provide our citizens and guests with a superior level of environmentally-sensitive services and an abundance of recreational, educational, and cultural opportunities. (If more room is needed to answer questions, please use the back of this page.) Community Host Program Details (continued from Q. 10) The funding application for the Community Host Program has been prepared by the Vail Town Manager's Office this year as part of a three-part effort to coordinate visitor information services year-round to include: 1. The Community Host Program, which utilizes 50 community members who take turns serving as greeters, picture takers and other on-street assistance during peak days December through April and June through September. Currently managed by the Vail Valley Chamber & Tourism Bureau, this program is proposed to be managed by the Town of Vail during the remainder of 2005 and in 2006 to include recruiting, training and scheduling. Additional collaboration is proposed to take place with program partner Vail Resorts to increase integrated training and communications opportunities with the on-mountain guest services program. 2. As an additional efficiency and to provide continuity, the Town Manager's Office will also manage the Construction Host program during the spring and fall periods of 2006. The construction hosts are hired and trained to augment flaggers on peak days to provide guests with wayfinding assistance to shops and restaurants and to greet and thank them for visiting Vail. 3. Lastly, the Town Manager's Office will work closely to monitor recruiting and training at the Visitor Information Centers and the eventual creation of a volunteer program that will be used to further enhance Vail's delivery of visitor services. APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Instructions: Round all figures to the nearest dollar. Please present in as much detail as possible Most Recent Completed Fiscal Year (Date: ) Assets: $ PLEASE SEE 2004 TOWN OF /AIL FINANCIAL STATEMENTS Total Assets ~ Liabilities: $ Total Liabilities ~ Net Worth (Total Assets Minus Total Liabilities) $ 4 APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses Instructions: Round all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Yeaz Budget Revenues: $ (List by funding source) PLEASE SEE 2005 TOWN OF !/AIL FINANCIAL STATEMENTS Total Revenue $ Expenses: ~ $ Total Expenses $ Total Revenue Minus Expense $ 5 D TO: Vail Town Council FROM: Commission on Special Events DATE: July 29, 2005 Last Year: This Year: Commission on Special Events: 2005 ACTUAL 2006 REQUEST 2006 Funding Proposal • Direct event funding available for allocation during the CSE's annual RFP $459,000 $489 000 review process in October: The CSE expects that a number of key events, , including but not limited to the TEVA Mountain Games and the Vail Lacrosse Shootout, will be seeking increased funding in 2006. This request reflects a 6.5% increase over last ear's available event funds. • Anew event to fill the calendar "hole" in late August. The CSE will issue an 0 $50 000 RFP stating that seed funding is available for an event that meets the , designated criteria and that would be scheduled during the later part of Au t • Vail America Days: (the 2005 amount includes the $6000 contributed by $56,000 $50 000 Ea le Coun towazd the Vail America Da s Fireworks Dis la . , • Holida sin Vail: X25,000 $25,000 • Designated funding for Community Events such as Easter Egg Hunt, Trick or $1000 $10 000 Treat Trot, etc. , Subtotal: Direct Event Fundin : $541,000 $624,000 • Event Evaluation and Research $20,000 $20,000 • Administration and Permittin lus TOV Parkin Pass $35,000 $36,000 Subtotal: Administrative Contracts: $55,000 $56,000 • TOTAL EVENT FUNDS: $596,000 $680,000 Additionall • Special Event Handbook: One-time allocation to create a first quality 0 $25,000 publication and website which.will. serve as mazketing tool. for the. Town. as _ well as an informational guide for persons interested in producing a Special Event in Vail. Included will be information on venues, contacts, Town of Vail regulations and requirements, as well as the Special Event application forms. • "Debit Card" to be applied towards Town of Vail in-kind services for Special *$25,000+ $25,000 Event support including but not limited to traffic control, Police security, trash removal, street cleaning, electrical power, barricades, signage, banner placement. These allocations would be made cooperatively between the Town's Event Review Committee (ERC: composed of TOV Staff members representing all affected departments) and the CSE at the time of.permitting. NOTE: These aze not new funds: the goal is to facilitate the accounting for the provision of these services that aze regularly required by most events and to alleviate the Council from being presented with these minor funding re uests. • TOTAL CSE 2006 FUNDING REQUEST: $621,000+ $730,000 own o a~ : ommission on pec~a vents 2005 Funding Allocations 2005 Allocation from Vail Town Council $ 590,000.00 Rollover from 2004 _ Contribution from Ea le Coun for America Da s Fireworks 6,000.00 TOTAL FUNDS AVAILABLE: $ 596,000.00 Event: 2005 Dates: 2005 Funds Awarded: Oktoberfest Sep 9-11 & 16-18 $ 65,000.00 >Teva Mountain Games Jun 1-5 ~ 65,000.00 >Vail Film Festival Mar 31-Apr 3 60,000.00 America Days (includes $6000 from Eagle County) 4-Jul 56,000.00 Summer Street Entertainment Jun 24-Sep 4 50,000.00 >Spring Back to Vail Apr 4-16 40,000.00 Holidays in Vail Nov 25-Dec 18 25,000.00 >Kick-It 3v3 Soccer Tour Aug 5-7 25,000.00 >Gourmet on Gore 3-Sep 25,000.00 >American Ski Classic Mar 16-20 20,000.00 >The Graze at Vail 25-Juri 20,000.00 The Session Jan 12-16 18,000.00 Mardi Gras Vail Feb 5-8 15,000.00 >Vail Arts Festival Aug 19-21 15,000.00 Vail Jazz Festival: Jazz at the Market Jul 3-Sep 5 8,500.00 Vail Lacrosse Shootout Jun 24-Jul 3 8,000.00 >Vail Film Festival: Summer Film Screenings July 18 and 25 7,600.00 King of the Mountain Volleyball Jun 16-19 7,500.00 Taste of Vail . Apr 6-9 5,000.00 TriAmerica Series: Avon to Vail Triathlon 4-Sep 3,000.00 Triple Crown Soccer Tournament cancelled 1,400.00 Lionshead Easter E Hunt- - ~- 27-Mar- 1,000.00 Subtotal: Direct Event Allocations $ 541,000.00 Administrative Contracts: Administrative +Expenses $ 35,000.00 Research/Event Evaluation 20,000.00 Subtotal: Administrative Contracts $ 55,000.00 TOTAL ALLOCATIONS: ~$ 596,000.00 FUNDS REMA/N/NG: ~ $ _ >These events are designated to be surveyed as part of the event research/evaluation contract. ~:'' r^t ~~ COLORADO MOUNTAIN COLLEGE FOUNDATION July 29, 2005 Town of Vail Ms. Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, CO 81657 Dear Penny: Thank you for taking time to discuss the Colorado Mountain College H.E.R.O. Campaign grant application last week. At your direction, I have completed the grant with information only pertinent to your application outline. Should you or the Council like additional information e.g. marketing materials related to the Campaign or further explanation, please do not hesitate to call. In collaboration with the Town of Vail Human Resources Director we attempted to identify specific needs of the Town of Vail and correlate those needs to our grant request. In this respect, we are most willing to refine our grant should the needs or objectives related to the new Childcare facility in Miller Ranch or Vail change. Similarly, we created a very specific scholarship support criteria that related to the Town of Vail employees, children of employees or residents. We appreciate the fact that public funds must be granted in well-considered manner. We hope that this grant reflects our commitment to meeting the mission and criteria established by your grant review committee in a meaningful manner. On behalf of the H.E.R.O. Campaign Committee, thank you for your time and consideration. Kindly, _/° / ,/ ~ issa Tyler .E.R.O. Campaign PO Box 1763, Glenwood Spring;;, Colorado 81602 Telephone: 970.947.8361, Facsimile: 970.947.8385, www.cmcfoundation.org APPLICATION FOR TOWN OF VAIL FUNDING 1. Name of Organization: Colorado Mountain College H.E.R.O. Campaign- Vail/Eagle Campus working under the auspices of Colorado Mountain College Foundation. 2. Contact Person: Lissa Tyler, Colorado Mountain College Foundation 3. Mailing Address: 150 Miller Ranch Road, Edwards, CO 81632 4. Telephone: 970-569-2908 (Peggy Curry Dean) or Lissa Tyler (970) 926.7355 5. Email address: ltyler(a~slifer.net 6. Members and Titles of your governing board (please note this committee reports to Colorado Mountain College Foundation- those members names are attached herein): a. Glenn Davis -Chairman, President Alpine Banks b. Alex Yjako -President, CMC Foundation c. Peggy Curry- Dean, Colorado Mountain College Vail-Eagle Campus d. Eileen Miller -Resident of Vail, former teacher and member of CMC Foundation board e. Doris Dewton -Resident of Edwards, Trustee, Colorado Mountain College £ Barb Treat -Resident of Edwards; Alpine Bank Private Client banking g. Kent Myers -Resident of Edwards, President, CEO Airplanners h. Sandy Donnelly -Resident of Vail, community member i. Lissa Tyler -Resident of Edwards, CMC Foundation and Slifer, Smith and Frampton Real Estate j. Cheryl Lindstrom -Consultant, public relations and Vail Valley . Foundation education manager 7. Amount of Contribution Requested - $5,000 ($2,000 for one scholarship and $3,000 to underwrite Town of Vail employee training for new Miller Ranch Childcare facility) 8. Organization fiscal year-end: December 31 9. Are your books audited? : Yes, CMC HERO Campaign funds are restricted within the Colorado Mountain College Foundation accounts. Funds to be used specifically for authorized scholarships and identified HERO programs. How will the contribution be used? This contribution will be used in two manners first to provide college training in childcare for Town of Vail employees. These funds are specific to the opening of the new Miller Ranch Childcare facility and to provide additional training for TOV childcare employees. The estimated cost to earn the Group Leader Certificate, as requested by the Town of Vail, including tuition and books is approximately $1,OJ0 per student. Therefore, the Childcare Training grant would provide this opportunity to three Town of Vail employees. The second aspect of the request is for scholarship support of $2,000 per year. This scholarship would be for one-student's books and tuition for one year to attend Colorado Mountain College. At the discretion and collaboration with CMC, the scholarship would be restricted to the following: a Town of Vail employee, the child of a Town of Vail employee or a resident of the Town of Vail. We are pleased to refine these stipulations to meet the objectives of the Town of Vail including but not limited to: job training, personnel development. Colorado Mountain College has an established process for scholarship selection and the requirements associated with such scholarship are included herein for review purposes. 10. How does your request support item 1C of the contribution policy? The H.E.R.O. (Higher Education Resources and Opportunities) Campaign was established to provide scholarship and programming assistance to students in Vail-Eagle Valley. This request supports the Town of Vail's mission statement by providing training opportunities to TOV childcare employees who work to maintain the quality of life for citizens and visitors to Vail. In respect to the scholarship funds, this request supports the mission of the Town of Vail as we provide higher education opportunities to those who serve the community. Clearly, without awell-trained and well-educated staff (or children of staff or residents) we are not able to provide exemplary service to those who live and visit our resort communities. We depend daily on those who are responsible, creative and well educated to make Vail the premier destination resort. Those individuals who sustain our employment base are critical to the present and future of our resort. We rely on them to serve the community while raising families, working diligently and creating a successful resort environment. In order to maintain this, we need to provide opportunities for these dedicated individuals to improve their skills and knowledge. Colorado Mountain College provides these opportunities. What is unique about Colorado Mountain College is its accessibility and flexibility. Employees, children of employees (dual enrollment) and residents of Vail have immediate access to higher education while residing in Vail. It is well documented that employee satisfaction does not necessarily correlate to compensation, but it does correlate to an employer who provides opportunity for career development. This scholarship would be one such method of career development and a way to demonstrate the TOV's commitment to quality experiences for its employees, the children of employees and the residents of Vail. 11. Who currently funds your organization (other governments, private donations, user fees, etc.)? .The H.E.R.O. Campaign is supported by a myriad of resources. In our effort to raise $1 M for scholarships and programs we have raised funds- from the following major donors and institutions: • Vail Valley Foundation - Kasner Scholarship for Latino/Latinas - $200,000 (an individual donor who wishes to support our growing Latino workforce) matching commitment from CMC Foundation • Beaver Creek Resort Company - $60,000 for the support of Culinary Arts scholarships • Town of Gypsum - $10,000 to support employees and residents of Gypsum at CMC • Brightwater Club- $50,000 to support programs in the arts at CMC • Ginn Company - $50,000 to support scholarships for Ginn Development employees, children of employees and citizens of Minturn (pending final approval) • Alpine Bank - $50,000 to support scholarships and programming at Vail-Eagle Campus • WestStar Bank $10,000 to support scholarships • Wells Fargo Banks - $15,000 to support scholarships • Slifer Smith and Frampton - $15,000 to support students interested in business and real estate at CMC • Vail Valley Medical Center - $30,000 to support joint programming for VVMC employees in science and nursing and medical fields • Vail Board of Realtors - $1,500 • Vail Daily $30,000 to support students in media • Individual donations from the following: o Doris Dewton $25,000 o Eileen and Gary Miller $20,000 o Sandy Donnelly - $25,000 o Bob and Carole Zinn - $15,000 to support at risk scholars o Bobby Warner $15,000 ' o Bob and June Vanourek - $5,000 o Gary and Teri Rubous - $5,000 for Culinary arts programs o Lissa Tyler and Mike Larson - $5,000 to support Guardian scholars o FCI Constructors - $4,000 to support students interested in construction management o Vail, Eagle, Edwards Rotary Clubs - $3,000 (annual donation) o Karen and Walter Loewenstern - $1,000 o Charles Lloyd - $1,000 o Marcie and Michael Balk - $1,000 o Sandy and Barb Treat - $2,500 Top Dog award for graduating CMC student o Vail Resorts, Inc.- $5,000 for ESL programs o Paver program to 30 individuals have purchased $250 pavers to support scholarships 13. Organization's mission statement: 'The H.E.R.O. Campaign (Higher Education Resources and Opportunities) committee is committed to supporting the communities of Eagle County through the establishment of a $1 million fund. The fund supports scholarship opportunities and educational programming at the Vail-Eagle Valley Campus. ~~ APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet This Balance Sheet is specific to Restricted Fund H.E.R.O. Campaign for Vail-Eagle Campus Most Recently Completed Fiscal year (12/31/05) Assets: $650,000 Total Assets $650,000 Liabilities Salaries $40,000 Donor Pavers $ 1,000 Total Liabilities $41,000 Net Worth (Total Assets Minus Total Liabilities) $609,000 ~~ .~ { APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses This Balance Sheet is specific to Restricted Fund H.E.R.O. Campaign for Vail-Eagle Campus Current Fiscal Year Budget Revenues• Corporate donations $125,000 Individual donations $250,000 Govermnent donations $ 25,000 Total Revenue $400,000 Expenses: Administration $40,000 Scholarship awards $50,000 Donor expenses $ 4,000 Total Expenses $94,000 Net Revenue Minus Expenses $306,000 o' ,~ Y ~~ APPLICATION FUR TU~YN OF VAIL FLfi'DING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Fri, July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, Colorado 51557 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE TEAS APPLiCATIC11~' t~Ii PRINT IN BLAC IC INK 1. Name of organization: Eagle Valley Alliance for Sustainability 2. Contact person: Hiatt Scheer 3. Mailing address: FO Box 4923, Vail, CO 81658 4. Telephone: 970-569-3890 5. E-mail address: anscherr~eaglevalleyalliance:org 6. Members and Titles of your governing board: Craig Tate, chairman; Bill Carlson, secretary; john Gitchell, treasurer; Kiln Langmaid, board member; Adam Palmer, boazd member; Matt Scheer, president. 7. Amount of contribution requested: $15,000. Alternatively, in~-kind contribu~ions would meet some operational needs outlined below (values front project draft budget): 1. Vehicle donation (medium-duty pickup) $5,000 value 2. Commercial Drivers License training $200 value 3. Use of staff to supervise Vail site $3,0~ value (estimate) 8. Organization fiscal yearend: December 33 9. Are your books audited? No 11. How will the contribution be used? The Alliance is proposing to take over Eagle Count~%"s recycling effort. Specifically, we will take over the deep-off sites throughout the Eagle Valley with the objectives of increasing diversion rates, increasing participation rates and making the sites cleaner and safer. Many other opportunities exist within each community to promote recycling that aze not part of the county`s comrni#ment. The 'own of Veil`s contribution will help the Alliance: 1. Promote available curbside recycling 2. Develop further collection alternatives (for businesses, condominiums, etc.) 3. Provide event recycling solutions 4. Allaw collection of more types of recyclabies in the future Most directly, the Town of Vail funds go toward an additional staff person and educational program expenses that will allow us to pursue these other opportunities. 1;uII draft budget and county proposal are available upon request. e 's ti:i 12. How does your request support item 1C of the confribution policy? The assessment of -• our community's recycling efforts, by both citizens and guests, is poor. To support its commitment to a "superior level of environmentally sensitive services" the Town of V aiI now inas the opportunity to offer a qualify recycling program, the most basic and visible of such services. 13. 'vVho currenfly funds your organization (other gov~ntments, private donations, user fees, etc.}? Lzdividual donations; organization members; Eagle County government; Holy Cross Energy; Home Depot; Alpine Bank; Alpine Lumber; RA Nelson & Associates; Colorado Mountain Media. 14. Organization's mission statement: The Eagle Valley Alliance for Sustainabili#y works to promote a healthy natural environment, a prosperous economy, and equitable community to improve long-term quality of life for citizens of Eagle Count,, Colorado. As a 5U1(c)3 nonprofit, the Alliance promotes sustainable practices with emphasis on recycling, energy efficiencyJrenewable power, and green building, a:11 PM Eagle ~iaitey Affiance for Sustainabitify o7~z7io5 Balance Sheet cash saris As of Jufy 2?, 2005 Ju! 27, 06 ASSET5 Current Assets Chac9rngivavi~gs 1010.Operating Checking 10,33D.05 1020 • fRECOPI Savings 2,000.00 Total CheckinglSavings 12,330,05 Total Current Assets 12,330.05 Fixed Assets RECOIV Container 4,013.10 Total Fixed Assets 4,013.10 TOTAL ASSETS 16,343.15 LIA~ILiTiES Ili !_~il1tTY Liabilities Current Liabilities Other Current Liabilities 2100 • Payroll L`iablliti2s 2110 • Federal Withoid Payable 132.00 2120 • Medicare Payable 33.26 2130 • Social Security Payable 142.24 71x0 • State W+thhoiding Payable 297.00 Tota12100 • Payroll Liabilities 604.50 Total Other Current Liabilities 604.50 Total Current Liabilities 604.50 Total Liabilities 604.50 Equity 3000.Opening sal Equity 20,887.28 3010 • Retained Earnings -3,497.55 Piet income -1,751.08 Total Equity 15,738.65 TOTAL LIASILITlES & ES3UlTY 10,343.15 Page 1 APPLICATION FOR TOWN OF VATL FI3NDING Statement of Sources and Uses Instructions: Round all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Year Budget Revenues: $1,5(3{} Board of Directors (I..ist by funding source) $ 65,000 Grants $ 2,600 Memberships $ 2,025 Program participant revenues $14,135 P.etail sales (primarily P.E^©N) Total Revenue $ 85,26C3 Expenses: $ i8,19G Direct program expenses $ 44,730 allocated ad-r+inistrative expenses $14,640 Unallocated marketing/personnel $ 4,425 Ga~A Total Expenses $ 81,985 Total Revenue Minus Expense $ 3275 - APPLICATION FOR TOWN OF VAIL FUNDING Name of organization: Freedom Park Memorial Committee, Inc., Non-Profit 501(C)(3) 2. Contact person: .Buddy Sims Mailing address: PO Box 1331, Edwards, CO 81632 4. Telephone: 970-445-7573 5. E-mail address: bsims@vail.net Members and Titles of your governing board: Patricia J. Hammon -FPMC President; Buddy Sims -FPMC Vice- President; Rohn K. Robbins -FPMC Secretary; Tom Kirk -FPMC Co-Treasurer; Daryl Woodworth -FPMC Co- Treasurer; Mike Gallagher -Member; Moses Gonzales -Member; Marni Jump -Member; L. S. "Butch" Mazzuca - Member; Dan Smith -Member; Tom Stone -Member. 7. Amount of contribution requested: Donation to help sponsor an element in the $2.4 million Community Pazk and suggest donating for one of eight Basalt Obelisks ($100,000 to $150,000 -War 1812 thru Peace Obelisks). We have asked the Eagle County Government to sponsor the two entry Portals for $600,000. 8. Organization fiscal year-end: September 2005 9. Are your books audited? Yes -new non-profit. 11. How will the contribution be used? For construction of the Veterans and EMS Memorials, and Educational Trail which forms the Freedom Park Memorials and Community Park on west side of Berry Creek Lake. 12. How does your request support item 1C of the contribution policy? Yes, the Memorial Park is planned as a peaceful place and is intended to provide opportunities for reflection & contemplation for the entire Community. A walking trail named Freedom Trail by a local high school student, will wind through the park. Along the trail will be two memorials. The first will be a Veterans memorial situated on the south side of Freedom Trail, while the second will honor Emergency Responders and be situated at the north end. Water features will circulate water inside park. Eight distinct turn-outs will be placed along Freedom Trail. Seven will represent major war eras with a 6 to 8 foot basalt obelisk in each, memorializing those who have given their lives in the line of duty. From south to north they are: The Revolutionary Waz/Waz of 1812; The Civil War; World War I; World War II; The Korean War; The Vietnam War; and The Global War on Terrorism. The eighth turnout, dedicated to "Peace" will be located across from the American Flag. This simple, dignified and understated design to honor both veterans and Emergency Responders (police, fire, mountain rescue, etc.); the use of inscriptions and design, will put emphasis on the true cost of freedom, -the sacrifices of those who have served. The concept for the new memorial park originated with several local veterans and has grown into avalley-wide grass roots effort. Included on the various committees are all three county commissioners, business professionals and military veterans (along with their families) who served in WWII, Cuban Missile Crisis, Korea, Vietnam, Gulf War, Operation Enduring Freedom, and Operation Iraqi Freedom. Emergency service personnel from local Police and Fire Departmeirts, Mountain Rescue, and Ski Patrol teams are also represented. Three aspects of our Memorial Park will make it different from other memorials around the country: First, the park will be used as an educational tool for visitors, teachers and students, with an incorporated "Timeline Wall" that will list the conflicts involving United States forces since 1775. Second, Freedom Park will also commemorate Emergency Responders in addition to those who have served in the military. It will include a 12001b piece of the Pentagon Limestone from the 9/11 attack which will be placed in the Global war on Terrorism turnout. Provided by The Department of Defense, this 2 foot by 6 foot limestone block is from the part of the Pentagon that was destroyed on 9111, Section BD 345. Finally, the names of Eagle County residerrts who lost their lives while serving in the armed forces will be inscribed in the Veterans Memorial; Eagle County Emergency Responders who lost their lives in the line of duty will have their names inscribed at the Emergency Responders Memorial. A large US naval bell and a Fire Department bell will be placed near the American Flag. Each can be tolled during ceremonies. Citizens will be able to purchase "pavers" (engraved granite bricks to be placed in the ground at the respective turn-outs} with the names of any military veteran or any ' emergency responder to honor their service. The memorial park will be used for community gatherings, funerals, memorial services, weddings, family reunions, and various celebrations on Memorial Day, the 4th of July, Veterans Day and for other award ceremonies. There will be two entrances to the Park: one at the north end, the other at the south. There will be a bronze plaque or stone engraving at each entry portal. Project status can be found at tivww.freedomparkmemorial.org . 13. Who currently funds your organization (other governments, private donations, user fees, etc.)? Private and Corporation donations and Eagle County Government has given us the land and helped fund some of the design. 14 Organization's mission statement: The Freedom Park Memorial Committee, Inc., is a non-profit 501(C)(3) organization located in Eagle County, Colorado. It was created to plan and build a lakeside memorial to celebrate freedom and to commemorate the personal sacrifices of the men and women who have served in our Armed Forces and Emergency Services. Further, to also include a community park setting and educational trail for all citizens. Fiscal Year (Date: Oct 2005) Assets: Total Assets Liabilities: Total Liabilities Net Worth (Total Assets Minus Total Liabilities) Balance Sheet $ 0 (Land provided by Eagle County Government) $0 $0 $0 $0 Statement of Sources and Uses Current Fiscal Year Budget Revenues: $ 20,000.00 (Fund Raising Started on 15 Apr 2005, Donations) (List by funding source) Total Revenue $ 20,000.00 Expenses: $ 3,000.00 Total Expenses $ 3,000.00 (Printing expenses for envelops, letterhead, and brochures) Total Revenue Minus Expense $ 17,000.00 ~:a ;;; ~; ' _' . i ~: 't 'I }::~ 'z:: ~,.?~ s~ T~: ~~,~ . ~~ _ - =f ... _4i~ .. :2 ~ `'~-t. ~ .X 'f .' _____..._.:.:,,,,,.,, FREEDOM PARK M E M O R I IA L__,~ ~ ~,~p,~,,,, ;~:;~- Town of Vail Project Title: Support of Technology Systems within the Cancer Caring House Shaw Outreach Team Town of Vail Grant Name of Organization: Shaw Outreach Team Contact person: Suzy Donohue 949-1325 Mailing address: Cancer Caring House Shaw Regional Cancer Center PO Box 2559 Edwards, Colorado 81632 Telephone: 970-569-7492 E-mail address: caringhousewvmc.com Members and Titles of your governing board: Suzy Donohue -President Susan Morrill -Vice President/Secretary Mary Randall -Treasurer Cookie Flaum -Patient Support Chair Cheryl Jensen -Marketing Chair Debbie King Ford -Development Chair (cancer survivor) Ann Becher Smead -Governance and Nominating Chair Elaine Kelton -Special Events Chav Sara Chazles -Grant Writing Chair Ag Meek -Housing Chair (cancer survivor) Amount of contribution requested: $15,000 Organization fiscal year-end: October 31 Are your books audited? No How will the contribution be used? In 2003 the Shaw Outreach Team (SOT), a coalition of volunteers whose mission is to support Shaw Regional Cancer Center patients, identified the need for cancer specific accommodations for patients during treatment. The plan to construct the Cancer Caring House was formulated after considerable research and visits to other cancer centers. The SOT was incorporated and received SOIc(3) status in 2004. Currently the SOT in executing a capital campaign of $3.5 million which includes an endowment of $1 million to fund the ongoing operations of the Cancer Caring House. The Shaw Outreach Team invites the Town of Vail to support the technology systems within the Cancer Caring House. As currently planned the Caring House will have five computer work stations, three for the patients use (each approximately at the cost of $2000), one for the reception and one for administration (each approximately $4000) We also plan for wireless Internet access throughout the house for those patients whom aze more comfortable working in the privacy of their rooms. How does your request support item 1C of the contribution policy? The high quality of community life has earned Eagle County and Vail a reputation for being one of the world's premier destinations and places to live. The quality and availability of medical care aze consistently among the top reasons people rank a community as a desirable place to live. When patients choose treatment at the Shaw Regional Cancer Center, their presence supports its viability and long-term growth. It also provides our community with the ongoing assurance of would- class treatment options without having to travel to Denver, Grand Junction or beyond. The population of Eagle County is currently 41,659. According to the Vail Valley Economic Council, the population is expected to neazly double to 81,000 in the next 20 years. This larger population will mean a higher number of cancer patients in the region, which further underscores the need for the Shaw Regional Cancer Center and the Cancer Caring House now and in the future. The Shaw Regional Cancer Center offers apatient-centered environment. The staff of highly trained and credentialed physicians is of national repute and uses the most advanced cancer treatments and therapies available. The Shaw provides a full-service cancer treatment facility to the Vail Valley residents. Shaw patients benefit from an intimate treatment environment, a high staff/patient ratio, and a holistic wellness approach. They also benefit from counseling, an on-site laboratory and nutritional services to further support their diverse treatment needs. Today 80% of the nation's cancer treatment centers have on-site or nearby accommodations, and all of the most highly regarded treatment centers have some version of a Cancer Caring House. Cancer patients usually require six to eight consecutive weeks of radiation and/or chemotherapy. 'These treatments are emotionally and physically taxing, making traveling distances and daily trips difficult. Having the option of a Cancer Caring House at our Shaw Regional Cancer Site is an essential component in generating the additional patients necessary to sustain a top notch medical facility for the treatment of cancer for the residents of this valley and this region. The Cancer Caring House will be constructed on the lot adjoining the Shaw Regional Cancer Center, thus making access for patients as convenient as possible. Both cancer patients and medical professionals attest to the importance of a calm and nurturing environment, the empathy that comes from contact with other patients, and the presence of family and friends during treatment. A spouse, family member or friend will be able to stay with patients at the Cancer Caring House. The Cancer Caring House will be accessible to cancer patients and their families on a donation basis, understanding that not all patients undergoing treatment have the resources to pay for accommodations, especially during a difficult or prolonged illness. In 2004 the Shaw Outreach Team helped to provide 868 nights of housing to those patients in need. Provisions were made through the generosity of Vail Resorts for patients and their caregivers to use employee housing on a space available basis. Occasionally it was necessary to provide nights in motels in Eagle or Gypsum. Who currently funds your organization (other governments, private donations, user fees, etc.)? After launching the capital campaign in January of 2005 as ofmid-July we have received gifts and pledges totaling 75% of our $3.5 million goal. Most of our donations have come from private individuals. The Shaw family has guaranteed the sustainability of the Cancer Caring House with their pledge of $1 million to fund the endowment. Other contributions have included: Vail Valley Medical Center with donation of the property for the Cancer Caring House, Eagle County Commissioners with a unanimous vote of approval and by waiving all fees associated with the project, Western Colorado Community Foundation in support of our library, Beaver Creek Resort Company, Cordillera Motorcycle Club, Diversified Radiology, Vail Valley Realtors Fund, Vail Resorts and the Shaw Outreach Team Board of Directors. Organization's missions statement: The mission statement of the Shaw Outreach Team is to work cooperatively with the Shaw Regional Cancer Center (the Shaw) and Vail Valley Medical Center (VVMC) to insure the highest quality cancer treatment programs and facilities are available to the residents of the Vail Valley and others who come to the Shaw for treatment and to provide a supportive environment for patients and their families who are dealing with the effects of the diagnosis and treatment of cancer. Attached as requested -Balance Sheet and Statement of Sources and Uses Note: Since completion of our fiscal year the SOT has raised over $1,000,000. Also please note that not yet recorded because they do not meet the criteria for recognition under the generally accepted accounting principals is the remainder of the endowment payment from the Shaw family for $910,000 and an anticipated in-kind donation from RA Nelson for $300,000. Vail Valley Medical Center Foundation Shaw Outreach Team Balance Sheet As of October 31, 2004 Current Assets Cash and Investments Current Portion of Pledges Receivable Total Current Assets Long-term Assets Pledges Receivable, net of current portion Total Assets Assets Liabilities and Net Assets Liabilities Net Assets Permanently Restricted Net Assets Endowment Temporarily Restricted Net Assets Housing Operating Total Temporarily Restricted Net Assets Total Net Assets Total Liabilities and Net Assets $ 380,101 25,000 405,101 75,000 $ 480,101 $ - 5,156 397,798 77,149 474,946 480,102 $ 480,102 Vail Valley Medical Center Foundation Shaw Outreach Team -Housing & Other Fund Summary Statement of Income & Expenses For Fiscal Years 2004 and 2003 a/o: 10/31 /04 Cumulative 11 /1102-10/31 /04 $ 398,429 5,156 127,327 $ 530,912 TOTAL INCOME $ 631 50,179 INCOME Housing Fund Endowment Other Fund E PEN Housing Fund Other Fund $ 50,810 TOTAL EXPENSE $ 480,102 NET INCOME Current Month 10/31/04 $ 76,461 156 2,339 $ 78,956 $ - 8,211 $ 8,211 $ 70,745 Fiscal Year 2004 11/1!03 -10131/04 $ 260,930 5,156 123,964 $ 390,050 $ 631 49,345 $ 49,976 $ 340,074 NOTE: Shaw Outreach Team Housing Fund Balance was established on the Vaii Valley Medical Center Foundation records to November 2002. NOTE: Shaw Outreach Team Other Fund Balance was established on the Vail Valley Medical Center Foundation records in September 2003. Fiscal Year 2003 11/1/02 -10/31/03 $ 137,499 3,363 $ 140,862 $ 834 $ 140,029 r APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Fri. July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, Colorado 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK 1. Name of organization: Vail Leadership Institute 2. Contact person: Clyde Hanks 3. Mailing address: PO Box 7210 4. Telephone: 979-926-7801 5. E-mail address: clydehC~3vailleadership.org 6. Members and Titles of your governing board: See attached list 7. Amount of contribution requested: $9,000 (1,000 received from United Way) 8. Organization fiscal year-end: December 31 9. Are your books audited? Yes 11. How will the contribution be used? See Attached 12. How does your request support item 1C of the contribution policy? See Atached 13. Who currently funds your organization (other governments, private donations, user fees, etc.)? Private donations 14. Organization's mission statement: "Dedicated to cultivating effective leaders who will serve .the Town of Avon, Eagle County and society" (If more room is needed to answer questions, please use the back of this page.) xs 3 VAIL LEADERSHIP INSTITUTE Board of Trustees Bob Vanourek -Chairman Towny Anderson Tipping Point Productions David Borofsky Colorado Mountain College Vincent Cook Art Currier Currier & Associates William (Buck) Elliott Paragon Odyssey Melinda Gladitsch Eagle County School District Bob Hatcher Branch Banking & Trust John Horan-Kates Pail Leadership Institute Bob Howell DBA Dartmouth College Frank Johnson Pail Palley Chamber & Tourism Bureau W. Mathew Juechter Alpha Genesis Venture Capital a Michael Kinsley Rocky Mountain Institute Stacy Mengedoth Integrated Research Group Terry Minger Center for Resource Management Steve Pope Pail Daily Dan Sweeney Ph.D. University of Denver 11, Program: America's Rising Stars: a Youth Leadership Development Program for Eagle County, Colorado Sp_ onsors: Vail Leadership Institute (VLI) Battle Mountain High School Eagle Valley High School Red Canyon Alternative High School Participants: Two classes of 10 students each during the summer of 2006. Students will be entering their senior year at one of the participating high schools. Selection of Students: The participating high schools will select participants based on their leadership potential, academic potential and school and community involvement. Emphasis will be placed on selecting minority or disadvantag_ ed students with leadership and growth potential. Program structure: Each class of 10 students will include six full days and one overnight spread over two weeks during the summer of 2006. The general mix of activities will be 60% class time covering the 14 chapters in the America's Rising Stars curriculum; 30% time involved in a community service project; and 10% recreation time. Roles of sponsors: The participating high schools will be responsible for identifying appropriate candidates to participate and then gaining their agreement to participate, thus filling the two classes of 10 students each. The participating high schools will also conduct the pre and post assessment surveys of the participants and work jointly with VLI to assess the overall program. The Vail Leadership Institute will conduct the program using the America's Rising Stars curriculum as a basis. VLI will also apply for and then administer any grant funding received. Cost and Funding: The estimated cost of the program for two classes is $10,000 (roughly $500 per student). This breaks out to $4000 to administer the program and $3000 each in direct costs (food, transportation, course materials, instructor fees) for each class. The goal is to receive all funds from a grant (or grants if necessary) and to not charge students any tuition. 12. America's Rising Stars: is a research-based program designed to help today's youth, reg_ ardless of their background, develop personal leadership skills, including a strong work ethic, creativity, and organizational, problem solving and interpersonal skills. Employers ranked these skills higher than even writing, math and reading. A recent research report, Workforce 2020: Work and Workers in the 21~` Century, grouped these leadership skills as the essential skills entry-level workers lacked. This program, successful for over 20 years, focuses on helping young people gain skills and background necessary to make good educational and career decisions; providing opportunities for youth to engage in community service; promoting ~ cultural diversity and awareness; and creating participation opportunities for life skills and interpersonal skills development. The Vail Leadership Institute (VLI) is collaborating with Battle Mountain High School, Eagle Valley High School and Red Canyon Alternative High School to bring America's Rising Stars to Eagle County in summer, 2006. The participating high schools will select 20 participants in total based on their leadership potential, academic potential and school and .community involvement. Emphasis will be placed in selecting minority, disadvantaged, or students at risk, all who show leadership and growth potential. Effectiveness of this two-week summer program will be measured by the high schools and VLI with pre and post assessment surveys. Vail Leadership Institute, Inc. (A Colorado Non-Profit Corporation) Statement of Activities and Changes in Net Assets For the Year Ended December 31, 2004 Revenues, Gains, and Other Support: Grants and contributions 169,949 Programs: Participant fees 71,445 Sponsorships 39,604 Consulting fees 71,084 Total Revenues, Gains, and Other Support 352,082 Expenses: Program Services: Leadership programs 404,941 Leadership consulting 52,474 Total Program Services 457,415 General and Administrative: Labor and benefits 76,071 Marketing 15,196 Publishing 10,970 Fundraising 6,576 Other general and administration 49,634 Total Supporting Services 158,447 Total Expenses 615,862 Increase in Net Assets (263,780) Net Assets -Beginning of Year 271,539 Net Assets -End of Year 7,759 a ,. ~ -- ~ _ ~ ~; ~ The accompanying notes are an integral part of these financial statements. 3 Y ~ ' ~ ~ ' Vail Leadership Institute, Inc. ~ ~ 3~- ~~, (A Colorado Non-Profit Corporation) Statement of Financial Position December 31, 2004 Assets: Current Assets Cash and cash equivalents 42,542 Accounts receivable -other 13,000 Other 2,594 Total Current Assets 58,136 Fixed Assets: Organizational costs 12,017 Less: Accumulated amortization (12,017) Total Fixed Assets - Total Assets 58,136 Liabilities and Net Assets: Liabilities: Accounts payable and accrued liabilities 50,377 Total Liabilities 50,377 Net Assets: Available for operations 7,759 Total Net Assets 7,759 Total Liabilities and Net Assets 58,136 The accompanying notes are an integral part of these financial statements. Z APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Fri. July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, CO 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK 1. Name of organization: Vail Valley Institute (WI) 2. Contact person: Melissa Decker, Executive Director 3. Mailing address: P.O. Box 1305, Vail, CO 81658 4. Telephone: (970) 476-6608 5. E-mail address: director@vailvalleyinstitute.org Members and Titles of your governing board: Brooks Thomas, Chairman; Walter Loewenstern, Jr., President; Lee Klingenstein, Treasurer; Melissa Decker, Secretary & Executive Director; Peter Abuisi, Robert W. Craig, Richard D. Lamm, Jerry Santoro, Kathy S. Smith, Keith E. Spero, Neale Ward, and Joan Wilson. Amount of contribution requested: Since 1999, the Town of Vail has contributed $2,500 annually to WI's scholarship program. We request the same amount, $2,500, in this grant application cycle. Organization fiscal year-end: June 30. 9. Are your books audited? Yes. 11. How will the contribution be used? The TOV's annual contribution supports the Institute's scholarship program, which allows local high school students and teachers to attend our annual 4-day public policy seminar free-of-charge. With the help of the TOV and our other supporters, the Institute was able to provide scholarships for 5 teachers and students to attend our June 2005 seminar, "America Divided: Are the Culture Wars for Real," which featured 4 nationally known experts on the topic Times columnist David Brooks, columnist Arianna Huffington, author Thomas Frank, and Stanford Professor Morris Fiorina). 12. How does your request support item 1C of the contribution policy? VVI's scholarship program is a unique educational opportunity for local high school students and teachers. Scholarship recipients are provided with comprehensive topical curriculum materials in advance of our seminars. At our seminars, they learn from and interact with top national experts on a different public policy topic each year. The Town of Vail's contribution not only helps educate our scholarship recipients themselves, but also benefits the students of the Vail Valley's 3 high schools, as all of our scholarship teachers agree in advance to pass on what they learn at our seminars to all of their students the following fall. 13. Who currently funds your organization: Private donations from area residents (both locals and second homeowners), the Vail Valley Foundation, and the Town of Vail. 14. Organization's mission statement: VVI is an independent, non-profit, non-partisan forum for thought and dialogue located in Vail, CO. Its purpose is to create an opportunity for a wide spectrum of thoughtful and concerned individuals to come together to address some of the most pressing national public policy issues of our time. Discussions are based on current thinking and discourse but are framed within the context of the past, exploring some of the great lessons of history, with the goal of formulating solutions for the future. VAIL VALLEY INSTITUTE, INC. Balance Sheet As of June 30, 2005 ~R C'olorado 501 (c~(3~ 1Jan• Pao(=-} org~ Jun 30, 05 ASSETS Current Assets Checking/Savings 1100 • Current Assets 1130 • Cash in Bank -Checking 2,344.63 1140 • Cash in Bank -Money Market 6,311.21 1100 • Current Assets -Other -5,910.06 Total 1100 • Current Assets 2,745.78 Total Checking/Savings 2,745.78 Total Current Assets 2,745.78 Fixed Assets ' 1500 • Property & Equipment 1540 • Equipment 8,578.00 1750 • Accumulated Depreciation -8,578.00 Total 1500 • Property & Equipment 0.00 Total Fixed Assets 0.00 TOTAL ASSETS 2,745.78 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities 2090 • Current Liabilities 2210 • Federal Withholding Payable -1,952.52 2220 • FICA Withholding Payable -1,721.28 2230 • State Withholding Payable -768.00 Total 2090 • Current Liabilities -4,441.80 Total Other Current Liabilities -4,441.80 Total Current Liabilities -4,441.80 Total Liabilities -4,441.80 Equity 3000 • Unrestricted Net Assets 3100 • Retained Earnings 9,775.02 Total 3000 • Unrestricted Net Assets 9,775.02 Net Income -2,587.44 Total Equity 7,187.58 TOTAL LIABILITIES 8 EQUITY 2,745.78 VVl ~Y =July 1 Ju-~e 30, Page 1 y v`~ -July 1- J u>1t 30 VAIL VALLEY INSTITUTE, INC. Profit Loss Budget vs. Actual July through June 2005 ~} , ~q Colo. or9 SOt(c~(3~hon•Pro Jul '04 -Jun 05 Budget % of Budget Ordinary Income/Expense Income 4000 • Contributions (Unrestricted) 4010 • Board Member Contributions 83,500.00 57,500.00 145.2% 4020 • Patron Donations 20,294.85 18,000.00 112.7% 4025 • WF Grant 500.00 500.00 100.0% 4026 • VR Grant 0.00 0.00 0.0% 4027 • TOV Donations 2,500.00 2,500.00 100.0% 4000 • Contributions (Unrestricted) -Other 1,610.00 Total 4000 • Contributions (Unrestricted) 108,404.85 78,500.00 138.1% 4029 • Other Revenues 4030 • Seminar Tuition 39,125.00 71,250.00 54.9% 4040 • Short Program Tuition 0.00 0.00 0.0% 4150•Interestlncome 95.88 50.00 191.8% Tota14029 • Other Revenues 39,220.88 71,300.00 55.0% Total Income 147,625.73 149,800.00 98.5% Expense 6010 • Program Costs 6040 • Moderators 5,000.00 6,000.00 83.3% 6060 • Speakers 24,800.00 14,000.00 177.1% 6120 • Curriculum Brochures 4,452.10 5,000.00 89.0% 6140 • Outdoor Component 0.00 0.00 0.0% 6160 • Seminar Books 8~ Materials 2,902.18 3,500.00 82.9% 6170 • Speaker/Moderator Travel 3,373.34 5,000.00 67.5% 6180 • Room 8 Board 23,665.46 23,500.00 100.7% 6200 • Advertising/Printing 9,823.96 6,000.00 163.7% 6230 • Video/Sound 1,897.00 1,500.00 126.5% 6250 • Entertainment 60.01 500.00 12.0% 6280 • Open Forum 0.00 0.00 0.0% 6310 • Short Program Costs 0.00 0.00 0.0% 6311 • Annual Program Report 500.00 1,000.00 50.0% 6312 • Web Page 1,048.24 550.00 190.6% 6313 • Bad Debt Expense 0.00 0.00 0.0% 6314 • Signature Gifts 0.00 0.00 0.0% Total 6010 • Program Costs 77,522.29 66,550.00 116.5% 7000 • Overhead 7100 • Director Salary 45,398.75 46,690.00 97.2% 7130 • Benefits 2,676.39 2,267.00 118.1% 7200 • Dues & Subscriptions 1,231.32 1,000.00 123.1% 7325 • Contract Labor 0.00 0.00 0.0% 7330 • Telephone 2,059.38 3,000.00 68.6% 7360 • Postage 2,567.08 2,000.00 128.4% 7370 •Office Supplies 2,060.93 2,000.00 103.0% 7375 • Computer Expense 191.65 500.00 38.3% 7410 • Professional Fees 4,228.30 4,000.00 105.7% 7420 • Meals & Entertainment 139.50 0.00 100.0% 7450 • Auto Reimbursement/Travel 2,259.15 2,000.00 113.0% 7470 • Depreciation 0.00 0.00 0.0% 7510 • Payroll Taxes 3,777.90 3,685.00 102.5% 7530 • Bank Charges 124.21 130.00 95.5% 7630 • Board Meetings 99.82 700.00 14.3% 7800•Insurance 5,876.50 6,212.00 94.6% Total 7000 • Overhead 72,690.88 74,184.00 98.0% Total Expense 150,213.17 140,734.00 106.7% Net Ordinary Income -2,587.44 9,066.00 -28.5% Net Income -2,587.44 9,066.00 -28.5% Page 5 ., APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Fri. July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, Colorado 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLAQC INK _ 1. Name of organization: ~ ate" I ~'- ~ ° ~' ~ -t-a~ ~~'~ ~', ~ ~ ~``G' ° €' f ~ k r 1 e a ~ 2. Contact person: ~a `~~` re~ /~ ~J ~~ n YS 3. Mailing address: ISO ~ o X ~ ~ g , ~ ~`n ~'~' ~~ , ~ ~ ~ (o ~ SP 4. Telephone: CI 7 C1-- 3 Z $ -~°I 3 ~ ~d~a-7 ~26 - .•Qu~J 1 S ~,f7~o ~~9 °, 5. E-mail address: ~~ ~ h yS~ ~ ea.~ ~ e S~ o a 15 , n ~~ 6. Members and Titles of your governing board: /1 o n ~ <~o YYtQw~..(~-e~C-~Q~ ~` n ~- S f~--RF', fiat 1~ ~h le~~ D~`r e ~-1~ ~'' ~..r~ dZ ~r~'~c i ~ l> 7. Amount of contribution requested: ;ZSD O ~'= C l~ /l l-C `` n ~) ~ ? 8. Organization fiscal year-end: ~gc70~ ~ 9. Are your books audited? n d 11. How will the contribution be used? 5'c~ O, P~ rEC,`n J ev ~~ o » 5 ~~ ~- ~l°cc1 ra c er srv ~ a r!L ~`n ~I-P ~ 1,~'~L-,; 1 S +r-~c ~1-u.. r -~ . ~'r e ~ . a ~~-e, r ~ p ~-r~ Q n it~~~'~-~ oc. --~ oC -f-k~a ~o a- d p4L~- t~ ~S1 E ~ ~U r' ~ac~-i ~ ~ . 12. How does your request support item 1C of the contribution policy? /-~--(~ o ~v u l o Cc~ l I-) ,'~ h s c.lh d ~ / rc~ c ~ r c ~~ ~ ~~ c `,-~ a.~6f> /U/ pc ~ 13. Who currently funds your organization (other governments, private donations, user fees, etc.)? ~c-4, o~ ( c~ ~`s-l-r-~`G-1- ~t s ~~ ~f ~ a 5 ~'i~i' ~T~ cz `;ti 14. Organization's mission statement: -1 ~ r~ C~ (If more room is needed to answer questions, please use the back of this page.) ~ ~ ~,. p ~ ~r-- 3 .~ . ' ~~ ~ ~ , ~ ~ Q. go ~ ~~r~ ~` n ~' I~~G~' G~~~' ~0' SQ i~trp ~ ~ ~ ~ ~. ~ ~. ~, ~~ ~ ~ ~.~ ~ des bu.~s ~ ~ ~~~s ~~ ~ ~ CJ u ,P S -~-- ~ ~ ~ /I~j G~, ~~i , l Q 5 5 u-,~u ~ ~~c.-~ ~i ~ s r ~~- u ~_,~ tjV U7,t.: ~d h-e -~ T ~-¢-. a7O 0 (v -- ~00 7 S ~c°~- .5 0 %> - r eS~ ~Oo 5~`~GDS ~v, ~l ~ ~~~ ~ r~e- /`ssuP ~~ ~~~ aQ ~ --~. ~~i' (~fl~-- ~5 -~v ~ ~-- o2Dd ~ a 0 O ~ sue- ~x .so r~, GL- ~ ~e ~ ~ ~~ ~o/'d ~a_-r-~ lea sses ~ r ho~h ~ .~-~ r ~.o~ ~ ~ ~ ~ moo ~ -aoo 7. ~- ru - u ~ ~u ~~ ~~©~ y APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Instructions: Round all figures to the nearest dollar. Please present in as much detail as possible. Most Recent Completed Fiscal Year (Date: ~`?~'o~~ ~f ~ ~~~ Assets: $ `~ ~ ~ Total Assets ~ $ ~:> / ~ Liabilities: ~,~`~, ~ ~~'~-~ $ ~ Dom (,e-ti's ~ ~ r wt--5 ~ ~av ~-f~--~ r~ p Total Liabilities $ S~ ~~ ~~ Net Worth (Total Assets Minus Total Liabilities) ~~~ $,~~oa 4 ~p,~ ~~~ V~...~ ..•, APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses Instructions: Round all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Year Budget ~a pp ~ - a pp5 ~ ~D ~ y ° ~'r~ Revenues: $ _ / e (List by funding source) ~ ~ ~} ~ -- ~ ~., t ~-~ ~z~ ~~•~~ 1 ~ t S•~ t G -p Total Revenue $ ~j g I $ Expenses: $ ~~ 7 d - ~ 1,2.c% ~ V~ ~ ~, (.(~ i ~ r ~ s ~ T~~l ~c ~~ 5 P s m c`s~ : +e ~ vr~ ~~ p.enses /~, , ~,t_lrs i GL ~~• Gt- ~= n /~ ~ ~- S ~ ~C,Y1 G~ ~ Of~- 5 2-Gz ~O ~''- -~c-~u,~`!y b~.~~~~ w~-1`r ~~i~l w~ Total Expenses $ ~~._'~ Q Total Revenue Minus Expense $ (9SZ 5 ~~ ~(~1~c~ July 28, 2005 Dear Town of Vail Council Members, The newly formed Battle Mountain High School Hockey Booster needs your help. We have just recently organized to support hockey at the high school level. The high school has hired a new hockey coach, athletic director, and principal. We are working with these people to support the team. The Booster Club is the sole financial support for the team. We are not part of Vail Junior Hockey. We are requesting 22 hours of ice time for home games and 57 hours of practice time. Twenty athletes, three coaches, and one athletic director comprise the team. We are requesting parking passes for the team. Our practices and games do not conflict with skier parking. These student athletes are at the pinnacle of their high school education and hockey endeavors. They represent the youth of our city, county, and state as positive role models. Their four year record is 75-7-1. They have played in the Colorado State Semi- Finals twice, as well as the State Finals twice. Fifteen of these athletes achieved Academic Excellence Awards at BMHS, and several have received both Atheletic/Academic Awards from the Colorado State High School Athletic Association, or CSHAA. The games bring many state-wide visitors to Vail and our great ice facility. These visitors use the .hotels, restaurants, and shops in Vail. The practices bring families from Western Eagle County to Vail, and they are an economic plus for Vail. Please consider these student athletes for any town project as volunteers. They want to be involved in the community, and are interested in "youth oriented projects". We look forward to your support. Please call with any questions or ideas. Sincere , BATTLE MOUNTAIN HUSKIES HOCKEY BOOSTER CLUB rr S' ley President, 904-6028 Bret Young, President Elect/476-8140 us Hoc ey Booster Club PO Boa 957, Minturn CO 81645 P:(970) 904-6028 APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted fio the Town of Vail by Fri. July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 12 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, Colorado 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INIC 1. Name of oga lion: Battle Mountain High School Hockey Booster Club (r14ews2005/2006 Season) 2 3. 4. 5. 6. Contact person: Mailing address: Telephone: E-mail address: Members and Titles of your governing board: Jerry Sibley, President Bret Young, President-Elect, Rristena Wyatt, Treasurer Jerry Sibley 1624 Lucerne Ln. Vail, CO 81657 (970) 904-6028 circussib@aol.com 7. Amount of contribution requested: Twenty-Two (2 Z) hours of ice time ,games . S7 hours for practice, and parking passes for the team. 8. Organisation fiscal year-end: December 31, 2005 9. Are your books audited? Not yet, however, they will be in the 10. future. 11. How will the contribution be used? For ice time and parking passes 12. How does your request support item 1C of the rnntribution policy? The high school hockey games bring visitors to Vail. Supporting the high school student athlete is important for the TOV, as it supports .. 13. Who currently funds your organization (other governntiertts, private donations, user fees, etc.)? Parents of students; Gallegos Corp. has pledged $5,000.00; and donations from the community. 14. Organization's mission statement: To support the student athlete at the high school level. All fund raising will be used to accomplish (If more room is needed to answer questions, please use the back of this page.) this . 3 ~' 12. Con't.: education and recreation. nrrw~.:saa~rn a'V~ av~-r yr •naa. eaura~a~: Baiacroe Sheet 4xtn~tioms: Round all figu~ m the aea~+eet do0ar. Please pe~nesa ~ of ded~ as post+S~le. Molt Raoent Caatipleted Fl^cal Y (~ ~ ...._~ Aret+a S 850.00 West Star Bank TOtalA~cefs S 850.00 SEE BUDGET 2005/2006 NEW CLUB S 0 Todd Llabfltdes Net Woeth (Totem Assets ~ Total LJab~tes) s~c. i 850.00 0 $ 850.00 4 .1 See of ~iois ~ Uxs Imtructlot~ goad a1! 9guret m the nete~et dollar- P)eue prueia r ~ dttail as poesfb~le. ~ ***510,000.00 (20XS500.) Player Fee ~~ ~ * 5,000.00 Gallegos Pledge 850.00 In Nest Star Bank * 6,000.00 Vail Jr. Hockey Pledge 2, 000.00 l~Lsc. 2ncome * 2,000.00 First Bank Pledge 3,000.00 Nest Star Hank Pledge X28, 850.00 TOTAL. ***We would like to reduce player fees. They are currently 5575.00/season. *Pledges may change. T~g~ 3 28, 850.00 g ~ s 8,307.00 4,000.00 1,762.00 45X1.5hrX145.00= 9,787.00 11X2 hrX145.00= 3,190.00 3,633.00 1,700.00 600.00 1- 5-~ 0 0 ~ .~33-, 129: 00 Tar4~l Bxpatrr S 3 3 , ~ 12 9.0 0 Coaches Transportation Referees --~ _ Ice Titae : Practice . * _ Ice Time: Games Lodging Equip~aent Athletic Director Travel 08811 Fee TOTAL TofOl Rrvanut S+iiews E 6 2 8, 8 5 0.0 0 33, 1291.0.4 F 4,279.00 *May have to share time with Midget A to reduce this cost. S z ~~~~ d APPLICATION FOR 2006 TOWN OF VAII FUNDING 1. Name of organization: The Skating Club of Vail 2. Contact person: Stephanie Harrison 3. Mailing address: P.O. Box 2451, Edwards, CO 81632 4. Telephone: 970-926-0198 5. E-mail address: harrison@mountainmax.net 6. Members and Titles of your governing board: Stephanie Harrison, President Bridget Hitt, Vice President Brenda Beairsto, Treasurer Robin Deighan, Secretary Jeanmarie Angarola Jeanette Edmunson 7. Amount of contribution requested: The Skating Club of Vail requests the donation of 9 days of complimentary use of Dobson Ice Arena. The donation will be used for the following events: July 12-16, 2006: 5 days Dobson Arena Late December, 2005: 4 days Dobson Arena 8. Organization fiscal year-end: The 25"' Annual Vail Invitational Figure Skating Championships And The 4"' Annual Vail Mountain Fun Skating Competition For Beginning Skaters Holiday Ice Shows April 30 9. Are your books audited? The Skating Club of Vail is registered with the Internal Revenue Service as a 501(c)(3) corporation. Our tax ID number is 84-0799125. Amy Thomas of Bookkeeping Services, Inc. is contracted by the club to handle our accounting, to prepare our monthly and year-end financial statements, and to prepare our yearly income tax return. 11. How will the contribution be used? Interest in competitive and show-style figure skating is at an all-time high and our club's membership is growing as well. This growth, coupled with the rising cost of ice time, coaching costs, travel expenses and costumes, taxes our financial standing and places the sport of figure skating out of the reach of some interested children. The Town of Vail's donation will be used to continue to develop the programs that benefit our members, the community and the guests of The Town of Vail. Specifically the donation of the use of Dobson Ice Arena will be used for The Vail Invitational, Mountain Fun 2006 and our Holiday Ice Shows, but the money the club saves on ice time will positively impact all club activities. 1 - The 25~' Annual Vail Invitational Figure Skating Championships This skating competition serves as the major fundraising activity for The Skating Club of Vail. We have just finished hosting the 2005 Vail Invitational, and it was a great success! The event brought 400 skaters plus their families, along with 75 coaches and 25 officials to Vail. We plan to bring The Vail Invitational back next summer. The event brings skaters and their families to Vail fora 5 day period in July. These upscale families rent hotel rooms and condominiums. They dine in area restaurants, shop in our stores, rent bikes, go to movies and thoroughly enjoy Summer Vail. Many skating families plan their summer vacations around The Vail Invitational. The Skating Club of Vail relies on funds raised from The Vail Invitational to purchase ice time at Dobson Arena, to pay for coaching and instruction and to further the activities of our club. During the Vail Invitational we use over 70 hours of ice time. Without your donation of low cost ice our ice bill for the five days of the event would be nearly $10,000 and would virtually wipe out the fundraising aspect of the event. Ice time rates at Dobson Arena are $145 per hour. SCV purchases an average of seven hours per week of ice at the rink. Our ice bills total over $4000 per month. Your donation of ice time increased the funds raised by The 2005 Vail Invitational by $10,000. All funds raised from this event are used to purchase ice time, pay expenses and to further develop our programs. Your grant for the 2006 year would impact the event and our budget in a similar manner. - Mountain Fun 2006 The Skating Club of Vail began a new Vail tradition in 2003 when we held Mountain Fun 2003, A Competition for Beginning Skaters, immediately following The Vail Invitational. The 2003 event drew approximately 125 beginning skaters, along with their parents, grandparents and coaches to Vail and the 2004 event grew to 150 partiapants. These skaters are the future of our sport, and our competition. Events such as this are also the future of Vail. For many of these young families, it was their first trip to Vail and they had a wonderful weekend at the competition. The 2006 event is expected to draw additional entrants. Your donation will allow us to continue to hold, and improve, this event. - Holiday Ice Show A holiday tradition, The Skating Club of Vail's Holiday Ice Show showcases the talents of Gub members as well as area children enrolled in the Learn-To-Skate program held at Dobson Ice Arena. Over 60 area children were featured in last year's event. SCV members perform solo routines and large group productions. The Leam-To-Skate numbers bring tears to parent's and grandparent's eyes. Visitors to Vail during the holidays make the Holiday /ce Show an annual event for their families. The Skating Club of Vail produces a professional type show with a very limited budget. Each year our expenses outpace our income from ticket sales. Costumes and ice time 2 are our major expenses. Your donation of ice time would help the Holiday Ice Show to break even financially, and would allow "the show to go on:' 12. The Skating Club of Vail's funding requests support item 1 C of the contribution policy because they: a. Bring community activities to Vail. b. Provide activities for Vail's guests. c. Improve Vail's economic climate by bringing tourists #o Vail. d. Support youth activities vital to Vail's children. e. Provide entertainment for Vail's guests. f. The Skating Club of Vail is a positive addition to the Vai! community. The Skating Club of Vail has been a member of The United States Figure Skating Association for 29 years. The club has been a part of Vail since 1976. SCV has been responsible for teaching figure skating to thousands of children throughout the years, and presently has 70 members. Our skaters represent Vail when they compete in competitions throughout Colorado, and the Rocky Mountain Region. Skaters from across the country come to Vail to hone their skills. Our club has members from several states. Many of our most active members come from Summit County to participate in our Gub. These skaters spread the word about Vail and its facilities across the country. The Skating Club of Vail provides an athletic and artistic outlet for children and adults throughout the Vail Valley. We have members ranging in age from 4 - 70. Figure skating appeals to athletes that do not choose to compete on a team, yet the club allows these members to be part of a group working towards similar goals. The Skating Club of Vail performs a series of shows at the Black Family Ice Rink in Beaver Creek. As an ice rink in Lionshead is part of Vail's "New Dawn" project, our local skaters can provide entertainment to the many visitors. 13. The Skating Club of Vail is funded by: a. membership dues and fees b. funds raised by The Vail Invitational and Mountain Fun c. a $2000 grant from The Vail Valley Foundation d. donations by club members e. a series of shows in Beaver Creek f. 14. The Skating Club of Vail's mission is to support our members in their pursuit of personal and athletic excellence. As a member of United States Figure Skating, we share their organizational mission to encourage members in the sport of skating, as well as to develop a fraternal feeling among skaters. 3 APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Most Recent Completed Fiscal Year (Date: 4/30/05 ) Assets: Checking Receivables A/R ice time $ 16555 $ 350 $ 876 Total Assets Owner Equity: Retained Earnings Current Net Profit/Loss Total Equity Total Liabilities and Equity $ 17781 $ 2963 $ 14818 17781 17781 4 APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses Current Fiscal Year Budget Revenues: $ (list by funding source) Membership Dues $ 3,500 Vaillnvitational $ 42,000 USFSA Test Fees $ 2,000 Award Fees $ 1,000 Ice Session Fees $ 17,000 Ice Show Income $ 6,500 (registration/ticket sales) Ice Show Sponsors $ 6,700 Misc. Income $ 4,000 (Skate with Santa/donations) BC Show Fee $ 2,000 Total Revenue 84 700 Expenses Membership Dues $ 1,000 (to USFS) Vail Invitational Costs $ 25,000 Test Costs $ 2,000 Ice Rental Costs $ 30,000 Coaching Fees $ 14,000 (speaal classes, clinics, shows) Awards $ 1,000 Ice Show Expenses $ 10,000 Legal/Accounting $ 2,500 Bank/Supplies/Etc. $ 300 Insurance $ 600 Storage $ 1,200 Total Expenses 87 600 Total Revenue Minus Expenses Z 900 5 June 8, 2005 Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, CO 81657 Dear Penny, Please accept the enclosed application for Town of Vail funding from Ski &Snowboard Club Vail. As the oldest non-profit organization in the Vail Valley, Ski &Snowboard Club Vail has been able to thrive because of the incredible support it receives from Vail Resorts, the Town of Vail and the entire Vail Valley community. The annual Ski Swap which has been held in Dobson Arena for many years has become a time honored tradition that marks the beginning of the winter season for area residents and visitors alike. In addition, the event has consistently been one of the organizations largest revenue generators. As a result of the success of last year's event, the Club was able to offer over 350 area kids the opportunity for character growth and excellence by offering quality programs in alpine, freestyle, and nordic skiing as well as snowboarding. I thank you in advance for your consideration and look forward to hearing from you. Sincerely, Je ife Vance Dev pment Director Ski &Snowboard Club Vail 598 Vail Valley Drive Vail, Colorado 81 657 970-476-51 1 9 • Fox 970-476-7287 www_skiclubvoil.org r APPLICATION FOR TOWN OF VAIL FUNDING 1. Name of Organization: Ski & Snowboard Club Vail 2. Contact Person: Jennifer Vance Mailing Address: 598 Vail Valley Drive, Vail, CO 81657 4. Telephone: 970-476-5119 x.102 5. Email address: jvance a,skiclubvail.org 6. Members and Titles of your governing board: Brad Ghent- President, Glenn Davis- Vice President, Phil Hoversten- Treasurer, Ron Alvarez, Barry Dorfman, Chad Fleischer, Dave Flowers, Ceil Folz; Bill Jensen, Aldo Radamus, Steve Santamaria, Pete Seibert, Patti Telling, Sandy Treat. 7. Amount of contribution requested: Four days usage of the Dobson Ice Arena- October 26-29, 2006. 8. Organization fiscal year-end: April 30`h 9. Are your books audited? Yes 10. How will the contribution be used? We will use Dobson Ice Arena to hold our 37`h Annual Ski Swap. This event is often our largest fundraiser of the year and significantly contributes to our efforts to keep our programs affordable and thereby accessible to all members of our community. 11. How does your request support item 1 C of the contribution policy? This event, held during the off-season, attracts nearly 5,000 attendees to the Town of Vail each year. As one of the largest Swaps of its kind, this event provides a valuable amenity to both locals and visitors. By drawing so many people to town during an otherwise slow time of year, local businesses benefit as well. 12. Who currently funds your organization? 66%- program fees and earned event income 19%- fundraising events 15%- donations/grants 13. Organization's mission statement: "To provide youth the opportunity for character growth and excellence through athletics." s+ 1:46 PM Ski 8~ Snowboard Club Vail os/o7/o5 Balance Sheet Accrual Basis AS Of June 7, 2005 Jun 7, OS ASSETS Current Assets Checking/Savings Cash & Cash Equivalents Alpine Checking -SCV344-0004598 32,708.57 Alpine MM - 344-0704887 20,200.51 Merchandise Sales Account 100.00 Cafeteria Plan -Checking 5,246.00 Wells Fargo $15,000 minimum 126.87 Alpine -Raffle Account 2,650.03 Total Cash 8 Cash Equivalents 61,031.98 Restricted Cash JP Morgan 53,753.97 The Denver Foundation 83,241.24 Gaynor Miller Memorial Fund 1,496.49 Thomas Pitcher Memorial Fund 4,843.77 Total Restricted Cash 143,335.47 Total Checking/Savings Accounts Receivable Accounts Receivable Allowance for Doubtful Accounts Total Accounts Receivable Other Current Assets Inventory Asset Inventory Payroll Asset Prepaid Expenses Undeposited Funds Total Other Current Assets Total Current Assets Fixed Assets Fixed Assets Building Building Improvements Equipment Land Accumulated Depreciation Total Fixed Assets Total Fixed Assets Other Assets Deposits Total Other Assets TOTAL ASSETS LIABILITIES 8 EQUITY Liabilities Current Liabilities Accounts Payable Accounts Payable - SCV Total Accounts Payable Other Current Liabilities Cafeteria Plan-Payable to Empl 'Sales Tax Payable Accrued Expenses Work Deposit Liability Leases Payable 204,367.45 80,525.37 -35,000.00 45,525.37 11,580.30 17,136.61 -2,034.09 36,521.26 -5,176.35 58,027.73 307,920.55 254,729.96 303,508.16 245,156.68 5,000.00 -327,341.37 481,053.43 481,053.43 2,200.00 2,200.00 791,173.98 5,022.77 5,022.77 480.70 15.62 12,709.90 -305.00 -5,165.44 Page 1 Y 1:4s PM os/o7/os Accrual Basis Ski 8~ Snowboard Club Vail Balance Sheet As of June 7, 2005 Jun 7, 05 Due To Scholarship Fund Scholarship Revenue -Donations 85,938.71 Permanently Restricted 932.85 Temporarily Restricted 15,480.00 Gaynor Miller Memorial Fund -502.00 Thomas Pitcher Memorial Award -500.00 Scholarship Revenue -Employees -6,259.66 Scholarships Awarded -79,984.04 Mountain Picnic 405.00 Craig Kelly Mem Scholarship 1,000.00 Weststar Fund -268.52 Total Due To Scholarship Fund 16,242.34 Payroll Liabilities Cafeteria Plan 736.57 Aflac Premium Deductions 50.86 403b)7 100.00 Colorado Withholding Tax -2,655.00 Fed W/H Payable -11,982.00 Fica Payable -19,634.10 FUTA Payable 190.53 Medicare Payable -4,591.82 Unemployment Tax Payable 6,829.40 Direct Deposit Liabilities -86.00 Total Payroll Liabilities -31,041.56 Total Other Current Liabilities -7,063.44 Total Current Liabilities -2,040.67 Long Term Liabilities Construction Loan Payable -1 240,711.08 Construction Loan Payable - 2 67,477.65 Total Long Term Liabilities 308,188.73 Total Liabilities 306,148.06 Equity R/E Temporarily Restricted 35,693.92 R/E Board Designated -for the k 40,000.00 R/E Board Designated -Janus Sc 14,335.28 Opening Bal Equity 7,467.47 R/E General 399,394.42 Net Income -11,865.17 Total Equity 485,025.92 TOTAL LIABILITIES 8 EQUITY 791,173.98 Page 2 1:4s PM Ski 8~ Snowboard Club Vail os/o7/os Profit & Loss Accrual Basis May 2004 through April 2005 1111 ~., 'Ad _ Anr r15 Ordinary Income/Expense Income Program Revenue 836,707.15 Camps (Net) 37,507.21 Guest Training 77,910.65 Memberships 20,475.00 Other Income 601,540.09 Program Revenue (Net) 9,186.00 Total Income 1,583,326.10 Cost of Goods Sold Cost of Goods Sold 1,611.76 Total COGS 1,611.76 Gross Profit 1,581,714.34 Expense Accounting 41,008.00 Auto Expense 15,535.38 Discounts 51,385.50 Payroll Expenses 8, Related 974,799.82 Travel 46,771.21 Other Expenses 198,445.56 Total Expense 1,327,945.47 Net Ordinary Income 253,768.87 Other Income/Expense Other Expense Unaollcated Reserves 64,479.19 403(b)7 Matching Funds 19,900.00 Bonus Reserve 10,250.00 Total Other Expense 94,629.19 Net Other Income -94,629.19 Net Income 159,139.68 Page 1 Contact: Dara Bassock Vail Valley Medical Center Foundation Town of Vail Funding Grant Request July 29'", 2005 Vail Valley Medical Center Foundation 910-569-7511 ~rPPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Friday. July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 11 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road Vail, Colorado 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK Name of organization: Vail Valley Medical Center Foundation 13`~ Annual Snow Shoe Shuffle 2006 April 1s12006 2. Contact person: Dara Bassock 3. Mailing address: Attention: Development Office P.O. Box 1529 Vail, Colorado 81658 4. Telephone: (970) 569-7511 5. Members and Titles of your governing board: The 2006 Snowshoe Shuffle organizing committee is comprised of Vail Valley business leaders; committee members vary year to year. 6. Amount of contribution requested: In-kind contribution of parking at the Lionshead parking structure for the 2006 Snowshoe Shuffle attendees usually range from 800-1000 / $8,000.00 estimated amount 7. Organization fiscal year-end: October 31st 8. Are your books audited? Yes 9. How will the contribution be used? The contribution is for the volunteers and participants of this non-profit fundraiser so they might park free of charge while attending the event. The TOV has generously provided parking for the SSS since 2000, providing a great incentive to volunteers and participants alike. 10. How does your request support item 1C of the contribution policy? All net proceeds from the Snowshoe Shuffle go to a program designated by the board of the WMC Cancer Coalition. The funds provide programs that support cancer prevention, education and early detection education. The race attracts nearly 1000 participants each year from over 26 states nationwide, Canada and Europe as well as from our 7 county region and Denver, Colorado. 11. Who currently funds your organization (other governments, private donations, user fees, etc.)? The Vail Valley Medical Center Foundation's Snowshoe Shuffle 2006 is supported by local, state, national and individual donations as well as event participants fees. 12. Organization's mission statement: The 2006 Snowshoe Shuffle "A benefit for cancer prevention, education, detection and treatment" APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and .Uses Instructions: Round all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Year Budget Revenues: $36,000 Race sponsors $17,000 Race Participants $15,000 Community Dinner NOTE: ALL SILENT AUCTION ITEMS DONATED Total Revenue Expenses: Advertising Printing Community Dinner Prizes /Awards Event Management Total Expenses $68,000 5,000.00 5,000.00 14,000.00 2,000.00 12,000.00 $38,000.00 Total Revenue Minus Expense $30,000.00 APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Instructions: Round all figures to the nearest dollar. Please present in as much detail as possible. Most Recent Completed Fiscal Year October 31, 2004 Assets: $55,000 Total Assets $55,000 Liabilities: $38,640 Grant payable to Educational Resource Library at the Shaw Regional Cancer Center Total Liabilities $38,640 Net Worth (Total Assets Minus Total Liabilities) $16,360 ~~~L~~~T~a~ ~a~ Taws a~ ~At~ >~~n~c ~~ly ~~~~~~~ Ali applications -must be sobmitted txj the Town of ~'ai7 by Fri Jule 29, 2fl05 b~ ~:~ P_~.. `loo must provide "12 copies of the application. And application received after that date or and application packet with !ewer than l2 copies ~ not be ccrnside~reci Please send application to: Town of mad Pe~m~ Harpe, ~COUx~titig Tech. 75 South Frontage Road West email, Colorado S!Es r7 For questi~otis oxi the Cnnar~i~al statements, please contact Penny Harpe at 479-~1~. ]PLIEASE TYP7i THT~ APPLICATI011i aR PRI11iT IN BLACK INK ^ 1 I ` ~. ~aMe of orgalU7.atlolL' C~ ~' ~'- \ ~ ~ ~ ~ y M ~ ~ ~ J + 2. Contact P ~ C7 ~ ~ (1 ('~ ~ C' C.i 3. ~ailiftg address: ~~' L~ J ~ iC, J ~~I `-~ ~ V J i1 ~ f ~ ~~ v 4. Telepho~: ~ `- ~ ~ - ~ L ~.~ ."~ 5. E asap adc: C~°~ 4., ~ C ~~, ~ ~ r11 `~ ~ 1 ~ L. ~ i'tl 6. Members and Titles of your governing board: ~ _ ~ , D 7. ~oiuit of contnbutian requested: ~ ~ ~~ ~ \~. ~ ~1 C~ ~ C~ S S ~_ S ~J (~ ~ ~. ~ ~ ~ .,j ~_. g. Q iTati tt Bscal dear-end: ~. ~1, ~ ~ y ~l l."~ ~ ~i ~1 ~ ~~~ ~~ c~ (•.~ S ' ='~ ~-~ -~ . ~ i ~ ~ ~ :~ ~ ~ ~i tz~~ s~ r ~~ tti~ ~~,}.~ 9. Are dour books audited? ,'J- A 11. How will the c~antribution 6e used? a l.(_. ~ F ~~ ~ S Q~; ~ ~ f o,~~ i r~ ~o c~saw~ ~ ~~ c~ ~o c (,-oce..~. Seec:~,L ~7 e ens ~~1.,1,~,~--~ S ~~ o h v ~ L v ~~-1• ~ e e~ s ~ ~~k~ n ~ o~ O~ G-~~ QQO.~" c~ v v ~ ~ Se,v~ . ~ r c1 ~ eb~ ~ P'e, e ki +~ i S 0.L ~-' c,.,\ S e~ C-a n ~ ~ rl'.• 1~. Hc~w does y~ request sugga~t item 1C of the cont,rihution pa~? t e ~~ rt~y ~~ C,~~ v~ ov~~ ~~c.l. St~~.e~~'~l, i~;~z.~z.\S C~~L~~'C'es c~~~~~~~v~~~'IpS "t3. Who eurnently fun~3s !,roar o o ~~ati~m bother governments, private donatia~, user etca? 5~~ ~ ~`el.~s ~ ~~ ~©~sp~s• c~f~~, Q cr ~c~;~ e c~onc;~ i ~~S Y 14. Chg~ization`s mission statemestt: - o t1 ~ L~~ (lf more room is needed to airswer questions, please use the back of thispage-) ~;1Jy Spay Qi~~pics Calorar3c~ - ~~~ ~s (~ ~ Hare > About Us A~~trtt 61S l~~SNStiOit The mission of Sp~ial Olympit~ Colorado (SOCO) is fio provide year-round sports training and athletic competition in a variety a~f Olympic-type sports for cttiildren and adults with dev~opmentai d'ssabilities, eight years of age and or., giving them oos~tinuing opportunities bo develop physical fitness, derreonstrate courage, experience joy and participate in a sharing of gifts, skills and friendship with their families, other Special Olympics athletes and the community. t ~ 1.~.~c~BQC e~~~~ ~ S~ m~~ al-l_ t~ es e Ual,~ n\,.~QrS ~ ~~ ~ c7 v ~ ~ ~ c~ e n~ s c~ n c~ ~.b v L,~ , ~.v~ ~. ~-~ s ~~oo \ --t o ~ e c~b~~ ~t'o b.~h \~ s ~~ s, t= a p `~ ~ 1-~ `j~~ C~ ~ C. /~ C~ ~ e C ~ ~ C~~ 1 O r1 G~ L GC~~ \ J 1 T ~ Q S iIn ov~Qr~~,rr~MS ~C%.S 1Y1LSZc~S~c~ ~ S fi~,~ Q~C~v.~~~~~~ t ~or^~ rnv n ~'. c`~c~,sen ~SS~w~-~ct~ ~ mope c:~~ r~o c-2 in~e~rG~t~-1~,n ` G t\ (~,'L 3 '~ lJ l.- ~ G~C°.L V i~ ~ lJ ~1 ~ `~ ~ 4~ S ,, -~ .. APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Fri. July 29, 2005 by 5:00 P.M.. You must provide 12 copies of the application, Any application received after that date or any application packet= with fewer than 12 copies will not be considered. Please send application to; Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road West Vail, Colorado 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK 1. Name of organization: U~ J G~~~ 1-f~C „ ~ , 2. Contact person: t ~ l~.l~C~~ ~ ,. 3. Mailing address:~® jc ~c~' ~~~ JvtJI9~ ~ g ~ (0.3 Z 4. Telephone: q ~ -- ~ ~ 5. E-mail address:' ~ ~ l~l 5 ~ Gt-l,c,rl ~24J~' ~ C1.o I , G~vv~ 6. Members ~an~ "d_T~it~les of your governing board: ' 7. Amour` f. of co trib ti n re uest d: ~ ~'~ ~~~ ~ ~'`~-'r`~E- K~¢.~,3c ' V ~~~~ q, tit 3 wok ~ ~-.~.e. , c~ ~c tee.. ~-~-' ~~~~,,., C ~~ 8. Organization fiscal ear-end: ~~~ ~~~ J cc.~. 9. Are your books audited? ~~g 11. How will the contribution be used? ~ j, ~ ~ " 12. How do your reques Cupp rt item 1C of the contribution olicy? ~. ~ u.~-~~c-r,^-;.c'-~' P -s G~.e~" -fv ~ ~-2~ 3 E~ '~-eac~,,,,~ t>~ (ao~ 13. Who currentl ds our ~~ ~ a ' " ~~ y y organization (other governments, private donations, user fees, etc.)? (~~ ~ ~ir-( ihe.`~ ~etiv~°~-tom,-g ta-,~.cQ, ~~~~,-,` i (may. -~2 . S ~, ~ r / ~~ ~ ~~ 14. Organization's mission statement: 1~.~ ' (If more room is needed to answer que t ons`~~se us e h P e back of this page.) 3 ~ ~~. ~_ Ilan Jw,;~ {~{~~.,4ss,~T ~5 a_ __- `H^B sfv ~F d~& ~ ~GE„5 oF~w~f d.,rrsp~ta,,ds~,- a-V. ~p~ ~, ~,,, Ji~~ ,,,,.~- of caw,-a~k~ ~ ~G4 ~wdP ~~ k~ E of G,al~ ~5 ~w a ~. ~ ~er~ ~~~„ APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Instructions: Round all figures to the nearest dollar. Please present in as much detail as possible. - ---- -- ----- ---- Most Recent_Completed _ - _ _ _. -- - - - - - - - Fiscal Year (Date• ~ -- - Assets: _ - ~ l ~ ~ 000 sE.~- °~ ~ Total Assets ~ ~ l , 00~ Liabilities: ~ Total Liabilities ~ Net Worth (Total Assets Minus Total Liabilities) ~ ~ ~ r O ~ O ..~. 4 APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses Instructions: Row1d all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Year Bud et Revenues: $ ~-e.~se, ~ Q- (List byfunding source) {~. __ ___ Total Revenue $ ~ / _ ` 1 ~~~ -- Expenses: $ .P ~ee_~ ~ Total Expenses $ ~ ~ l ~' r ~ "' Total Revenue Minus Expense $ ~ ~ 3' ~. 3 ~~ 5 4:15 PM o7nsros Axrual Basis VAIL JUNIOR HOCKEY Profit & Loss Budget vs. Actual July 2004 through June 2005 Income 3100 • R istretions 3200 • Sponsorships 3300 • Golf Tournament 3400 • Special Income 3500 • November Tournament 3600 • Retail Sales 3630 • Skate Swap 3700 • Scholarships 3750 • Interest Income 3760 • Miscellaneous donatans Total Income Expense 5110 • Coaching Expense 5120 • Director Expense 5210 • Advertisement 5260 • Bad Debts 5270 • Hank Charges 5320 • Credit Card Commissions 5500•Insurance 5560 • Legal & Accounting 5570 • Fees 4;AHANSA Hockey 5580 • Fundraising Expense 5581 • High School Hockey 5580 • Subscriptions, Guts 5600.Office Supplies ~ Exp 5620 • Meeting Expense ss70•Ice rune 5720 • Repairs 5760 • Equipment Purchases 5820 • Referee Expense 5880 • Team Tournament Fees 5900 • Telephone 5920 • Team Unifomrs and Warm Ups 5950 • Website Expense Total Expense Net Income Jul '04 -Jun OS Budget S Over Budget % of Budget 82,800.00 97,250.00 -14,450.00... .85.1 % 40,969.00 65,000.00 -24,031.00 63.0% 0.00 5,000.00 5,000.00 0 0% 4,940.00 . 29,420.36 39,000.00 -9,579.64 75.4% -1,334.25 3,000.00 -4;334.25 -44 5% 74.00 200.00 -126.00 . 37.0% 3,500.00 2,250.00 1,250.00 155.6% 370.48 400.00 -29.52 92 6% 471.00 . 161,210.59 212,100.00 -50,889.41 76.0% 6,489.79 11,900.00 5,410.21 54 5% 41,371.68 32,800.00 8,571.68 . 126 1 % 236.14 2,000.00 -1,763.86 . 11 8% 2,087.50 1,500.00 587.50 . 139 2% 0.00 100.00 -100.00 . 0 0% 1,432.39 2,200.00 -767.61 . 65.1 % 0.00 350.00 550.00 0 0% 9,526.25 12,000.00 -2,473.75 . 79 4% 5385.00 7.000.00 -1,615.00 . 76.9% 0.00 200.00 -200.00 0 0% 6,803.90 26,900.00 -20,096.10 . 25 3% 308.00 . 1,342.05 2,000.00 557.95 67 1 % ~•~ 1 ~•~ 318.88 . 312 6% so,7os.oo so,ooo.oo -s,2s5.oo . ss.7% 0.00 500.00 500.00 0 0% 1,320.98 300.00 1,020.98 . 440 3% 4,539.95 8,400.00 5,860.05 . 54 0% 9,530.00 11,000.00 -1,470.00 . 86 6% 1,319.50 1,200.00 119.50 . 110.0% 1,030.00 -1,600.00 2,630.00 -64 4% 750.00 2,200.00 -1,450.00 . 34.1 % 174,647.01 211,100.00 56,452.99 82.7x16 -13,435A2 1,000.00 -14,436.42 -1,343.5% Page 1 a~~~ ~'~ ~~ ~ sue' Q , = ~' \ ® t 0 ~~~poo <4~~9~rai`1~ Application for Town of Vail Funding 1. Name of Organization.- Vail Valley Exchange 2. Contact Person -Chip Domke 3. Mailing Address -PO Box 1431 Vail, CO 81658 4. Telephone - 970-476-3401 5. E-Mail Address - wex~wex.org 6. Members and Titles of your governing board: Scott O'Connell -President Merv Lapin- Treasurer Rick Sackbauer Kim Rutollo Sybill Navas 7. Amount of contribution requested: $6000.00 (Six Thousand Dollars) & l(one) parking pass 8. Organization fiscal year-end -Calendar Fiscal Year 9. Are your books audited? Books are not audited 11. How will the contribution be used? -The contribution will be used to pay administrative and marketing cost of the program. 12. How does your request support item 1C of the contribution policy? - Vail Valley Exchange was the driving force behind the Town of Vail Transportation's successful partnership with Mt. Buller and the southern hemisphere off season bus driver program. In 1999, Vail Valley Exchange processed 88 Visas for the Town of Vail, Vail Resorts, Town of Avon and Eagle County (ECO Transport) This program has provided Town of Vail, Vail Resorts etc. top quality employees, with resort operations backgrounds. Additionally; Vail Valley Exchange provides the administrative support for the Vail Youth Recognition and the Vail Youth Ambassador Programs. These programs focus on 11~ grade students and provide an exchange between our two countries each winter season. This allows cultural enrichment as well as work experience that benefits the town and resort, by providing young energetic individuals and sending our local students to experience another resort, country and culture. Whether it is the student returning to Vail or to Australia, they bring a new understanding of the world around then and are changed by the educational and cultural opportunities they have been provided. All of these aspects of the program minor the Town of Vail Mission Statement. Vail Valley Exchange provides a focused, well managed, marketing, recruiting and cultural exchange service for Vail. 13. Who currently funds your program? - Since 1999 The Vail Valley Exchange has received funding from Town of Vail Vail Resorts Town of Avon Eagle County And many private businesses. 14. Organization's mission statement. "It's about people -Creating and Growing, mutually beneficial relationships between Vail's sister cities in Australia and beyond." 7:04 PM Vail Valley Exchange 07/15/05 Balance Sheet Cash Basis AS of July 29, 2005 Jul 29, 05 ASSETS Current Assets Checking/Savings 1000 • FirstBank 2295017009 901.49 1001 • FirstBank Money Market 21,810.56 Total Checking/Savings 22,712.05 Total Current Assets 22,712.05 TOTAL ASSETS 22,712.05 LIABILITIES 8 EQUITY Equity 1110 • Retained Earnings 13,835.65 3000 • Opening Bal Equity 21,827.26 Net Income -12,950.86 Total Equity 22,712.05 TOTAL LIABILITIES 8 EQUITY 22,712.05 Page 1 s~5a PM Vail Valley Exchange 07/15/05 Cash Basis Profit & Loss Budget vs. Actual January through December 2005 Ordinary Income/Expense Income 4010 • Interest -Bank 4030 • Contributions Income 4110 • Grants Total Income Jan -Dec 05 Budget 94.71 120.00 4,167.30 4,000.00 0.00 6,000.00 4,262.01 10,120.00 Expense 6120 • Bank Service Charges 6160 • Dues and Subscriptions 6180 • Insurance 6185 • Liability Insurance Total 6180 • Insurance 6250 • Postage and Delivery 6260 • Printing and Reproduction 6270 • Professional Fees 6650 • Accounting Total 6270 • Professional Fees 6290 • Rent 6350 • Travel & Ent 6380 • Entertainment 6370 • Meals 6380 • Travel Total 6350 • Travel 8 Ent 6450 • Contract Labor 6550 • Office Supplies 6670 • Program Expense 6770 • Supplies 6780 • Marketing WebDevelopment 6780 • Marketing -Other Total 6780 • Marketing Total 6770 • Supplies Total Expense Net Ordinary Income Net Income 43.00 240.00 140.00 140.00 1,080.00 1,000.00 1,080.00 1,000.00 0.00 180.00 945.10 1,200.00 565.00 565.00 0.00 900.00 312.63 1,000.00 984.00 1,000.00 8,827.59 5,500.00 10,124.22 7,500.00 2,074.55 3,000.00 0.00 300.00 1,000.00 1,000.00 1,201.00 1,200.00 40.00 600.00 1,241.00 1,800.00 1,241.00 1,800.00 17,212.87 ~~ 17,260.00 -12,950.86 -7,140.00 -12,950.86 -7,140.00 Page 1 of 1 ~~ APPLICATION FOR TOWN OF VAIL FUNDING GENERAL INSTRUCTIONS All applications must be submitted to the Town of Vail by Thur. July 31, 2003 by 5:00 P.M.. You must provide 12 copies of the application. Any application received after that date or any application packet with fewer than 11 copies will not be considered. Please send application to: Town of Vail Penny Harpe, Accounting Tech. 75 South Frontage Road Vail, Colorado 81657 For questions on the financial statements, please contact Penny Harpe at 479-2100. Name of organization: Vail Valley Medical Center Volunteer Corps LUNCHEON and FASHION SHOW- Wednesday, April 5, 2006 2. Contact person: Carolyn Pope 3. Mailing address: P.O. Box 2564 Edwards, CO 81632 4. Telephone: (970)926-9775 5. Members and Titles of your governing board: Annual Luncheon organizing committee is comprised of Vail Valley business leaders and volunteers. The committee members vary year to year. Sandy Jacaruso is the current President of the Vail Valley Medical Center Volunteer Corps. 6. Amount of contribution requested: I~• In-kind contribution of parking at the Lionshead parking structure for the April ~', 2006 Luncheon and Fashion Show /Shaw Cancer Center attendees (500-600)-$3,000.00 estimated amount. 7. Organization fiscal year-end: October 31st 8. Are your books audited? Yes 0 l 9. How will the contribution be used? The contribution is for the volunteers and attendees of this non-profit fundraiser so they might park free of charge while attending the event. 10. How does your request support item 1C of the contribution policy? All net proceeds from the luncheon go to a program designated by the board of the VVMC Volunteer Corps. The funds have not been directed as of this date, however, last year the funds purchased High Dosage Radiation Equipment for Shaw Cancer Center, and the year before, the funds were directed to the establishment of the Caring House, a residence for cancer patients who are seeking treatment at the Shaw Cancer Center. Approximately 2,500 guests are invited to the Luncheon and Fashion Show. 11. Who currently funds your organization (other governments, private donations, user fees, etc.)? The Vail Valley Medical Center Volunteer Corps Luncheon is supported by local, state, national and individual donations as well as event fees. 12. Organization's mission statement: The purpose of the VVMC Volunteer Corps is to promote and advance the welfare of the hospital and its patients throughways and means approved or proposed by the hospital's Administrators and/or Board of Directors. The Spring Luncheon is designed to be the largest fundraiser by the Volunteer Corps to raise funds directed specifically to a cause identified by the Board of Directors that will aid the patients of the Vail Valley Medical Center and its operations. ,'' APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Instructions: Round all figures to the nearest dollar. Please present in as much detail as possible. Most Recent Completed Fiscal Year LDate: ) Assets: $0.00 This is not applicable due to the fact that this is a one-time event only. All net proceeds will go toward a specified need of Vail Valley Medical Center. Since the Event is a benefit, there are no assets, no liabilities, and there is no net worth. Total Assets , Liabilities: $0.00 $0.00 Total Liabilities $0.00 Net Worth (Total Assets Minus Total Liabilities) $0.00 APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses Instructions: Round all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Year Budeet Revenues: ~ Sponsorships 77,000.00 "Luncheon Seats 18,750.00 Donations 10,000.00 Silent Auction 22,000.00 NOTE: ALL SILENT AUCTION ITEMS DONATED Total Revenue $127,750.00 Expenses: $ Advertising 4,000.00- Printing: ~ 4,000.00. Mailing- . 900.00 Flowers 2,000.00 Staging 7,500.00 Facility and Catering.,. 22,800.00 Miscellaneous 2,000.00 NEIMAN MARCUS HAS GENEROUSLY DONATED COSTS FOR FASHION SHOW (with. the exception of the staging. costs),. MODELS,. CERTAIN SPONSOR PACKAGE ITEMS, DENVER MEDIA PUBLICITY AND GIFTS _ .,: ~ :, PLEASE TYPE THIS APPLICATION OR PRINT IN BLACK INK 1. Name of organization: Vail Valley Community Television, Channel s 2. Contact person: Richard Knapp - General.Manager 3. Mailing address: P.O. Box 5600, Avon, CO 81620 4. Telephone: (970) 949-5657 5. E-mail address: Vailchan5~comcast.net 6. Members and Titles of your governing board: Michael Brown- President Debbie Buckley- Vice President Annah Scully- Secretary Char Quinn- Treasurer Pam Brandmeyer- Vail Representative Kaylee Brennand- General Member Tee Brown-General Member 7. Amount of contribution requested:. . $10,000.00 . 8. Organization fiscal year-end: December 31 9. Are your books audited? No 11. How will the contribution be used? Capitol Improvement Increase quality of local coverage such as community events, council meeting, etc. 36 12. How does your request support item 1C of the contribution policy? We need to invest in equipment that will help us presently and will be vital to our future operations when we become completely digital. With this new equipment, Vail Town Council Meetings, Candidate Forums and other Town events will be produced and aired in a timely manner. This equipment will reduce production time in half which in return, TV 5 can air Vail Town Council Meetings and events soon after taping. In addition, the video and audio will be of digital quality, which is faz superior to how we presently air the council meetings, allowing us to transfer to digital verses older VHS analog machines. These new machines will have a lifetime of at least 20 years when maintained properly. 13. Who currently funds your organization (other governments, private donations, user fees, etc.)? ~~ Franchise Towns: Vail, Avon, and Minturn Comcast Program Sponsors 14. Organization's mission statement: Our Mission Vail Valley Community Television exits to inform the citizens of, foster debate within, and promote the community of Eagle County, Colorado. APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses Instructions: Round all figures to the nearest dollar. Please present as much detail as possible. Current Fiscal Year Budget Revenues: $ (List by funding source) Total Expenses $ Total Revenue Minus Expense $ 11:22 AM Vail Valley Community Television-Channel s - 0729/05 Profit ~ Loss Budget Overview Accrual Basis January through December 2005 Ordinary Income/Expense Income Capitol Improvement Grant Corporate Sponsorships Dubs Franchise Fees Avon Minturn Vail Total Franchise Fees Fundraising - Took C~qu-~MCr-'F Grants Miscellaneous Income Production Services Program Sponsorships Total Income TOTAL Jan -Dec 05 10,000.00 15, 000.00 840.00 23, 500.00 1,200.00 62, 000.00 86, 700.00 /~ 10, 000.00 15,000.00 500.00 11, 927.72 20,000.00 169,967.72 Expense Advertising Automobile Expense Parking Automobile Expense -Other Total Automobile Expense Bank Service Charges Capital Improvements Dues and Subscriptions Insurance Disability Insurance Equipment Officers and Directors Total Insurance Licenses and Permits Payroll Expenses Postage and Delivery Professional Fees Accounting Total Professional Fees Program Expense Batteries Tape Total Program Expense Rent Repairs Building Repairs 339.21 20.00 800.00 820.00 24.00 10,000.00 100.00 955.00 1,361.30 1,000.00 3,316.30 100.00 14,400.00 600.00 450.00 450.00 180.00 2,400.00 2, 580.00 19, 061.04 370.00 Page 1 of 2 11:22 AM Vail Valley Community Television-Channel 5 07/29/05 Profit 8 Loss Budget Overview Accrual Basis January through December 2005 TOTAL Jan -Dec 05 Computer Repairs 438.43 Equipment Repairs 4,000.00 Total Repairs 4,808.43 Salary & Wages Set Supplies Office Studio Total Supplies Telephone Travel 8 Ent Meals Total Trave181 Ent Utilities Common Cost Est Gas and Electric Total Utilities Total Expense Net Ordinary Income 96,000.00 550.00 1, 500.00 1, 500.00 3,000.00 2,128.39 360.00 360.00 10,464.09 1, 944.96 12,409.05 171,046.42 -1,078.70 Other Income/Expense Other Income Interest Income 69.93 Total Other Income 69.93 Net Other Income 69.63 Net Income -1,008.77 Page 2 of 2 APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Instructions: Round all figures to the nearest dollar. Please present in as much detail as possible. Most Recent Completed Fiscal Year (Date: 2004 ) Assets: Current Assets $ Savings/Checking Account Receivable Fixed Assets Total Assets Liabilities: Current Liabilities $ Payroll Liabilities Total Liabilities Net Worth (Total Assets Minus Total Liabilities) 20,621.00 3,842.00 31,331.00 $ 55,794.00 3,371.00 $ 3,371.00 $ 52,423.00 3r 1. Betty Ford Alpine Gardens 2. Jim Brandmeyer, Executive Director 3. 183 Gore Creek Drive Vail, Colorado 81657 4. 970-476-0103 5. jim@bettyfordalpingardens.org 6. See attached Board list 7. $100,000 8. September 30, 2005 9. Yes, McMahan & Assoc 11, The contribution will be used to support three different projects. The first in the amount of $50,000 will be used for general operating support In the past this portion of our request has come from the RETT fund. The second, in the amount of $30,000 will be used in conjunction with a grant of $70,000 from Great Outdoor Colorado to provide educational interpretive stations throughout the main Garden. Last year, the Town of Vail hosted our successful request for $28,000 from LOCO for the installation of educational interpretive stations in the Children's Garden. Dedicated on June 21, 2005 these stations have been well received by the public and GOCO. We are following up that request with another for interpretation in the main garden. GOCO requires that 30% of the total project cost come from outside sources. The third portion of our request $20,000 will be used to for the installation of brick pavers (36'x12') on the pathway between the main Garden and Children's Garden. These pavers would then be sold as a means to raise additional funds for the Gardens. 12. We feel this request is in direct alignment with all of the criteria established for evaluation purposes. Since the Gardens opened in 1987 the direct benefit to the entire community of Vail has been felt. In accordance with the Town of Vail's mission statement it is our belief that the Gardens are a venue that sustains Vail's reputation as a premier mountain resort. Betty Ford Alpine Gardens is Vail's Botanic Garden. It belongs to the Town of Vail, its citizens, and provides our guests with an opportunity to experience the natural beauty of high alpine flora and fauna. 13. The Gardens are funded entirely through private sources. The Town of Vail has supported us generously over the years and this has been supplemented by Foundations, Corporations, but our most consistent source of support comes from individuals who believe in our mission. 14. "Our mission is to cultivate harmony between plants and people in our mountain environment. We are horticultural pioneers teaching and celebrating the value of plants in our lives. We provide unique educational and environmental programs, we encourage community beautification and plant research; and we create and maintain Betty ford Alpine Gardens." Betty Ford Alpine Gardens 2005 - 2006 Board of Directors Betty Ford Alpine Gardens Office Phone: (970) 476-0103 Office FAX: (970) 476-1685 Alpine Treasures: 479-7365 Betty Ford, Honorary Director P.O. Box 927 Rancho Mirage, CA 92270 Jan Hart (Assistant) (760) 324-1763 - CA office (760) 324-7289 -fax P.O. Box 5670 Avon, CO 81620 Judy (Assistant) (970) 949-0222 - CO home (970) 845-9619 -fax Gwen Scalpello, 2006 Secretary P.O. Box 160 -Rick Vail, CO 81658 479-1788 -home 479-7330 -fax gscalpello(c~attg_lobal.net Jacki Allen-Benson, 2006 Post Office Box 270 Gypsum, CO 81637 (970) 524-0010 -home -Hugo (970) 524-1015 -work (970) 524-1019 -fax (970) 471-0986 -cell benson7allen(c~,earthlink.net Helen Fritch, President Emerita 183 Gore Creek Drive -Bob Vail, CO 81657 (970) 476-0545 -home (970) 476-8702 - Sitzmark fax (970) 471-1157 -cell hfritch cr,msn.com Co-Owner, Sitzmark Lodge June Vanourek, 2006 President 2524 Fenno Drive -Bob Cordillera, CO 81632 (970) 926-4072 (970) 926-4264- fax junevan cr,vail.net (970) 390-9257 Amy Phillips, 2005 Vice President 4831 Eagle Bend Drive -Bill Post Office Box 3868 Avon, CO 81620 (970) 949-0581 -home/fax (970) 331-1645 -cell aimissvail cr,aol.com Bob Fritch, 2006 Treasurer 183 Gore Creek Drive -Helen Vail, CO 81657 (970) 476-0545 -home (970) 471-1157 -cell Sharon Balius, 2006 390 Winslow - P.O. Box 1976 Edwards, CO 81632 926-7106 -home 926-9796 -fax sbalius(~umich.edu Frank Barborek, 2005 3265A Katsos Ranch Rd. -Eve Vail, CO 81657 (970) 479-1044 -home/fax (970) 331-6942 -cell fibntxnaol.com Deane Hall, 2006 2000 E. 12`h Ave., Box 4 Denver, CO 80206 (303) 322-8338 -home (303) 331-9526 -fax (303) 333-6323 -office (303) 956-0622 -cell Winter -Florida 1532 NE 24`'' Street Wilton Manors, FL 33305 FL phone - 954-564-6286 Deane(a~MtnMedia.net Allison Hoversten, 2005 1183 Cabin Circle Vail, CO 81657 (970) 479-0518 -home (970) 479-7450 -fax (call first) Wuzzy1234~n,aol.com Dick Liebhaber, 2007 44W.Meadow Dr -Kay Vail, CO 81657 rtlnliebhaber.net (703) 442-0553 - VA (703) 556-9593 - VA fax (970) 476-6583 -Vail (970)-476-3714 -Vail fax Magnus Lindholm, 2007 ma~nuslindholm cr traercreek.com Post Office Box 640 -mailing Vail, CO 81658 0322 E. Beaver Creek Blvd. -work Avon, CO 970-949-6776 970-748-8900 Anne Rainey, 2006 520 Black Bear Trail- John P.O. Box 2214 Edwards, CO 81632 (970) 926-4791 -home (970) 926-4793 -fax 720 Albion Road Columbia, SC 29205 (803) 254-4665 -home (803) 799-2840 -fax Bill Stufflebeem, 2007 522 Ryan Gulch Road P.O. Box 1677 Boulder, CO 80306 (303) 459-3070 -home VA-P.O. Box 100250 Arlington, VA 22210 (703)52]-1075 Pam Brandmeyer Town of Vail Representative 75 South Frontage Road W Vail, CO 81657 (970) 479-2113 Pbrandmeyer(t~vail og v.com Jim Brandmeyer (970) 390-9988 -cell Jimna bettyfordalpine~ardens.ora Nicola Ripley (970) 390-9406 -cell Nicola~bettyfordalpinegardens.ora APPLICATION FOR TOWN OF VAIL FUNDING Balance Sheet Most Recently Completed Fiscal Year 9/30/04 Assets Cash $ 57,093 Endowment 186,610 Accounts Receivable 840 Gift Shop Inventory 6,340 Total Current Assets 250,883 Fixed Assets 2,233,241 Total Assets $ 2,484,124 Liabilities Accounts Payable $ 595 Payroll Liabilities 5,437 Sales Tax 4,813 Total Liabilities $ 10,845 Net Worth (Total Assets Minus Total Liabilities) $ 2,473,279 APPLICATION FOR TOWN OF VAIL FUNDING Statement of Sources and Uses Current Fiscal Year Budeet Year Ending Sept. 30, 2005 Revenues Membership $ 55,000 Town of Vail 54,000 Town of Vail Capital. Income 44,000 Endowment Income 6,500 Garden Donation Boxes 12,000 Individual Donations 125,000 Operating Grants 125,000 Group Tours 2,000 Facility Use 7,000 Plant Sale 1,500 Gift Shop Income 270,000 Gift Shop Start Up Income 40,000 LOCO Grant 28,000 Interest 100 Total Revenue $ 770,100 Expenses Administration 154,053 Garden 77.607 Education 68.550 Development 51,431 Capital Expense 80,000 Gift Shop Cost 274,350 Internal Loan Payment 64,030 Total Expenses $ 770,021 Total Revenue Minus Expense $ 79 r APPLICATION FOR TOWN OF VAIL FUNDING 1. Name of organization: VAIL SYMPOSIUM 2. Contact person: EBBY PINSON 3. Mailing address: PO BOX 3038, VAIL, CO 81658 4. Telephone: 970-476-0954 5. E-mail address: ebbypinson@vailsymposium.org 6. Members and Titles of your governing board: BOARD OF DIRECTORS Priscilla O'Neil, Chairman Ebby Pinson, President Dr. Dennis Wentz, Vice Chairman Doris Dewton, Treasurer Pam Elsner, Secretary Karen Morter, Chairman Emeritus Michael Balk Dr. Gary Cage Carolyn McGinnis Nancy Slowikowski Karin Weber ADVISORY BOARD Peggy Curry Deb Deverell Kathleen Eck Alison Knapp Peter Leslie Susan Mackin Dolan Sandra Morgan Ved Nanda Kissy Russell Barbara Treat Eugenia Zuckerman 7. Amount of contribution requested: $1,500 or the use of Donovan Pavilion for five weekday evening events (including the set-up and clean-up fees) 8. Organization fiscal year-end: October 31, 2005 ~, 9. Are your books audited? No, but they are reviewed annually by a Certified Public Accountant. Our operating budget does not require an annual audit. 11. How will the contribution be used? We would like to continue providing affordable programs and expand our free programming for our community. Through our partnership with the Vail Library we present the Unlimited Adventure Series, a free series in the winter months (January -March) featuring adventurers from around the world. We would like to be able to continue to provide free programming with our Hot Topics series in the summer and winter months as well, but need additional funds to cover our costs in order to do so. This particular series features expert presenters discussing timely political, cultural, health, education and social topics impacting our lives in our community and our world outside the valley. 12. How does your request support item 1 C of the contribution policy? The Vail Symposium was founded in 1971 by the Town Manager of Vail, Terry Minger, for the purpose of providing athree-day weekend of educational and cultural events for the ever-growing and expanding town of Vail. In the early 1980s, the Vail Symposium was created as its own 501(C) 3non-profit organization. Since then the Vail Symposium has grown its programming along with the community of Vail, while maintaining its original mission of providing diverse and affordable programming for the entire valley from East Vail to Gypsum, and expanding its events to a year-round schedule. 13. Who currently funds your organization (other governments, private donations, user fees, etc.)? Asa 501(C) 3 we are funded 100% by individual private donations and local businesses located in the Vail Valley. (Please see attached in-kind donor list) 14. Organization's mission statement: The Vail Symposium is a grassroots, non-profit organization that has been part of the life and history of Vail since 1971. Our mission is to provide educational programs for the Vail Valley community that are thought -provoking, diverse and affordable. /~~1./~y,/,A/~ ~/ /'Y A I L Promoung Community CVC.~ ~ Learning Md Dialogue Since 1971 WHO ARE WE? The Vail Symposium was created in 1971 as a grassroots, nonprofit organization, and has been a vital part of the life and history of the valley for 34 years. We offer year-round educational programs that are thought-provoking, diverse and affordable. DID YOU KNOW? - The Vail Symposium is 100% donation funded; - Over 2,000 people attended our 57 programs in 2004; - Our programs are featured in newspapers, and on radio and television through our local and regional media partners; - Our local and regional exposure is expanded through our community partnerships. Some of our partners include Antlers at Vail, Bravo! Vail Valley Music Festival, Colorado Mountain College, Eagle County School District, The Bookworm of Edwards, The Vail Valley Chamber and Tourism Bureau, Town of Vail, Vail Library, Vaii Valley Medical Center Foundation, Vail Mountain School, and Verbatim Booksellers; - Through the support of corporate partners we are able to offer free programs to the community such as the Un/imitedAdventure Series which saw a 300% increase in attendance from 2004 to 2005; - Over 2,000 Eagle County students "voted" in the 2004 Presidential election through the Vail Symposium's program, KidsVotingUSA; - Our programs can have global impact as well -the critically acclaimed documentary, 'Seoul Vain'; was written and produced by two local filmmakers after their attendance at a Vaii Symposium program which featured North Korea as the topic. 9:58 AM Vail Symposium ' `^ 07/12/05 Balance Sheet Accrual Basis A5 of June 30, 2005 Jun 30, 05 ASSETS Current Assets Checking/Savings Alpine Bank Money Market Money Market #20822 2.475% 10,360.29 Money Market #20853 2.475% 11,019.42 Total Alpine Bank Money Market 21.379.71 Vail Symposium Checking VS Future Event Funding -14,761.00 Vail Symposium Checking -Other 23,159.42 Total Vail Symposium Checking 8,398.42 Total CheckinglSavings 29,778.13 Accounts Receivable Accounts Receivable 4,088.00 Total Accounts Receivable 4,088.00 Other Current Assets Petty Cash 125.00 Reserve-Future Events 14,761.00 Total Other Current Assets 14,886.00 Total Current Assets 48,752.13 Fixed Assets Accumulated Depreciation -3,277.00 Audio Visual Equipment 1,172.53 Office Equipment Computer 4,265.35 File Cabinets 519.43 Printers 300.00 Software 3,055.03 Total Office Equipment 8,139.81 Total Fixed Assets 6,035.34 TOTAL ASSETS 54,787.47 LIABILITIES & EQUITY Liabilities Current Liabilities Credit Cards Capital One Card -3.85 Total Credit Cards -3.85 Other Current Liabilities Payroll Liabilities 3,427.51 Total Other Current Liabilities 3,427.51 Total Current Liabilities 3,423.66 Total Liabilities 3,423.66 Equity Opening Bal Equity 9,480.68 Retained Earnings 42,368.93 Net Income -485.80 Total Equity 51,363.81 TOTAL LIABILITIES 8~ EQUITY 54,787.47 Page 1 2005 VAIL SYMPOSIUM IN-KIND DONATION SUPPORTERS COMPANY NAME DONATION DONATION AMOUNT DESIGNATION Antlers at Vail $5,000/In-Kind General Colorado Mtn College In-Kind/Classrooms General Colorado Mountain $1,500/In-Kind General Ex ress Plum TV $900/ln-Kind General Prima $10,000/In-Kind General RSN Channel 8 $900/In-Kind General Town of Vail $500/In-Kind/Donovan Pavilion General UPS Stores of the $1200/In-Kind General Vail Valle Vail Dail $10,000/In-Kind General Vail Trail In-Kind Publicit General Vail Valle Medical $300/In-Kind Dr. Strauch Center Foundation Verbatim Booksellers In-Kind Publisher sup ort Jennifer Jordan Vilar Center for the Arts In-Kind Film Series/ Film Festival Zeph r Radio-KZYR In-Kind Publicit General Income Event Sales Fund Raising Board Member Donations Challenge Grant Fund Raking Events General Donors Grant Donations Sales Income Sponsor Income Underwriting Income Total Fund Raising Professional Fees Kids Voting In Kind Donations Interest Income Other Income Total Income Expense Administration Automobile Expense Bank Service Charge Computer Services Credit Card Discount Donations Dues and Subscriptions Insurance Interest Expense Licenses and Permits Meals and Entertainment Office Equipment Office Expense Postage Professional Fees Rent Supplies Telephone Total Administration ,~ Vail Symposium Budget vs. Actual 2005 2004 Budget 2005 27,882 25,000 8,500 11,000 32,892 7,800 7,000 39,436 40,000 250 8,181 7,500 5,000 7,500 102,058 73,000 10,600 10,000 4,100 248 315 121 120 145,009 108,435 0 0 0 0 1,484 1,500 1,153 1,000 100 680 1,500 2,824 3,200 0 166 165 877 750 3,500 868 1,000 713 800 1,400 1,200 3,012 3,000 1,092 1,200 14,368 18,815 2005 to Date ~~ 6,575 9,000 48,088 3,000 9,739 16,500 86,327 12,761 35,829 333 0 141,825 10 0 744 678 0 935 1,071 441 455 3,138 **Includes In Kind 198 2,623 1,200 **Includes In Kind 3,780 **Includes In Kind 2,085 657 18,015 Vail Symposium Budget vs. Actual 2005 Event Expense Admission Costs 0 0 83 Audio-Visual 1,834 1,500 756 Film Royalties 0 0 930 Food and Refreshments 6,473 8,500 5,131 Gifts 562 550 656 Honorarium 3,500 2,850 3,800 Paid Dinners 4,736 500 803 Promoters Allocations 191 0 Set-up Expenses 2,094 ~ 3,000 1,974 Travel 411 50o a,s5s **Includes In Kind venue Costs 3,289 1,500 600 **Includes In Kind Total Event Expense 23,090 18,900 23,688 Fund Raising Expense 3,057 226 Operating Costs to be Allocated Miscellaneous -76 100 100 Payroll Expenses Administrative Salary 19,023 35,000 20,622 Director Salary 48,000 48,000 30,000 Payroll Taxes 5,340 5,850 4,106 Total Payroll Expenses 72,362 88,850 54,728 Advertising and Marketing Brochures and Promo 5,125 8,500 2,398 Design 2,704 3,000 5,495 Postage 1,920 2,500 600 Programs 872 1,000 604 Publications 430 500 22,515 **Includes In Kind Web Site 359 500 331 Total Advertising and Marketing 11,409 16,000 31,943 Total Costs to Allocate 83,695 104,950 86,771 Total Expense 124,210 142,665 128,701 NET INCOME 20,799 -34,230 13,124 Dr. Roy Schwarz globalization: a new way of life Globalization is being driven by major forces which are impacting every phase of human existence, including the sectors of education, biomedical research, health care, religion and transportation. To accommodate the new global village, old paradigms must be discarded and new ones developed. We welcome back Dr. Roy Schwarz MD, avho is currently president of the China Medical Board of New York, a private foundation whose mission is to promote high-quality western medicine in Asia. He presently holds Professorships at the University of Washington and the University of California at San Diego S20 VS Supporters l S25 Afl others l S35 Opfiana(dinner Cordillera Vcfley Cfub, Edwards Call 970.476.0954 for reservations Noi Topics Series graciously underwritten by Sandy Donne f ly r °~ Dr. Elliot Vesell thomas tole and the hudson river school of art Thomas Cole founded our first native school of painting and was our nation's first environmentalist. Dr. Elliot Vesell, a noted Thomas Cole historian, who edited The Life end Works of Thomas Cole, vain describe the characteristics of the Hudson River School of landscape painting. Emphasis vailf be placed on reactions of these artists try nature around them and to the threats posed by industrialization of this heritage. This presentation will feature 40paired paintings from the artists of the Hudson River School of Art. A dinner featuring culinary delights and harvests from the Hudson River Valley will folloev, This event 4vill stir ALL of the senses! S75 VS Supporters l 5700 All others Cocktails and dinner inducted Grouse Mountain C,ri11, 8ecver Creek Cal(9?0.4760954 Jor reservations Cultural Arfs series graciously underwritten by Dr: Gary and Carolyn Cage Felicia Nimue Ackerman the forecasting game: not going gentle into that good night Felicia Nimue Ackerman will lead a discussion on end of-life issues and our society's eagerness to dispossess its ill and elderly, based on her short story: "The Forecasting Game." Professor 1Jimue Ackerman is a Professor of Philosophy at Brown University, where her work focuses on philosophy in literature and on bioethics. Her stories have appeared in Conrmentory, Playgirl, and Prize Stories 1990: The 0. Nervy Awards. She is in the process of writing two books: Ethics and Character in Malory's hlorte D'erfhur and Bioethics Through Fiction. S18 VS Supporters & Brown Club Members / 525 Alf otflers Comp(imen(ary light hors-d'oeuvres and refreshments wilt he served Home of Patricia O'Neil[ and John Moore. Vail Calf 970.47b 0954 for reservations Not Topics series graciously underwritten by Sandy Donnelly In partnership with the Rocky Mountain Brown Cfub ~: r ~- iYM4Mq~W if. UtT? _' ,~' .~ "Election" beaver creek film series "Election" (1999;103 min};created by the Oscar winning team behind "Sideways," follows Tracy Enid Flick IReese Witherspoon) and Paul ~Uetzler (Chris Klein} as they compete, under the tutelage of teacher James T. McAllister (~Uatthew Broderick), to vain their high school election. Sharp, satirical, hilarious -it's director Alexander Payne at his most darkly comic. Rated R. Film insights provided by Denver film critic Walter Chaw. 520 series of four 158 per fi(rn Vi(ar Center for the Arts, Beaver Creek Call 970.476.0954 for information 10 good ideas, essential as wafer www.vailsymposium.arg 11 y ~~ } Secretary Jack Kemp FonnerCongressmanond 5eaetary of Housing and Urban Development.. Jack Kemp, will speak cn Social Security reform in America and the concept of an ownership society. A lone-time Vail homeowner. Kemp is Founder and Chairman of Kemp Partners, a government relations and corporate affairs consulting company based in Washington, DC, and he campaigns nationally for reform of taxation, Social SecuriCy and education. S10 Donovcn Pcrk Pcvifion, Uci( Calf 970.#76.0959 for reservations Thanks to our partners for [his evening: Alpine Bank, Slifer, Smith & Frampton Reaf Estate. the Town o f I~ai( and the ~ai(l~clfeyFoundation. 12 good ideas, essential as water "The Truman Show" beaver creek film series Badly underestimated at the time of its release, "The Truman Show" (1998; 103 minl, is a prophetic film that examines a man jJim Caney) raised in a bell jar of constant surveillance, media manipulation, and television gone wrong. One of the most prescient mainstream films to ride the crest of YZk anxiety, it was alsohome to Carrey's first successful drarnati~ performance. Director Peter Weir's prior directing a~edits include "Dead Poets Society," "The Mosquito Coast," "Witness," "The Year of Living Dangerously" and °Gallipoli." Bihm insights prowdetl `by Denver film critic Walter Chaw. Rated PG. $2tJ series of four / 58 per film Uilar Center for the Arts, Beover Creek Calf 970.476.0954 for information l ~~ r ~ ,~<' -.~. ~~ *'"-_• ~~ ~ ~ ~i Randy Milhoan trash or treasure? Sunday, july 31 • 10am-2pm Artist Randy Miihoarrwill guide us along the Rio Grande railroad tracks in Minturn to gather objects you never tho~~ught of collecting. Then - with a little help from Randy -you will transform your finds into works of art. Lunch and "art supplies" included. Randy Milhoan received a BFA in Art Education from the University of tlebraska. He was Director of Colorado Mountain College in Eagle County from 1971- 1985 and was Founder and Executive Director of the SummerVarCWorkshop for Art ~ Critical Studies. He was Dean of Academic Affairs at the San Antonio Art InstiCute, Il and Administrative Vice President for International 1 i Marketing Et Media in Denver. He has otivned and operated Milhoan Studios since 1988. In addition to making his own paintings, Milhoan's connmissioned work includes faux painting, murals, stencils and other decorative surface treatments. 525 VS Supporters /S35 Al(others ~ ~~ Milhoan Studios, 141 P+iain Street. Alintum Call 970.476.0954 for reservations \~ m Jennifer Jordan women of k2: risk, reward and passion thursday, august 4 ~ 5:30.7pm Jennifer Jordan will screen her Notional Geographicdouimentary "Women of K2", followed by a presentation and book signing of her recent Snvo~e Sumrnif, which tells the compelling and tragic stones of how the first five vromen to climb KZ lived and died on the mountains they pursued. Jennifer Jordan created, wrote, and produced "'Nomen of KZ." She formerly anchored "All Things Considered" for NPR and worked in public television. In the late BOs, she directed The Fcrum at the John F. Kennedy School of Government; Howard University's premiere speakers' arena. She co-owns and operates Skyline Ventures Productions. FREE. ~ Cash bar The Antlers at Vcif, Lionshead hi partnership with Uerbatirn Booksellers The Symposium gratef ulfy acknowledges Carole mid Peter Sega('s support of Phis evening's presentation. .T #r www.vailsymposium,org 9 "Dark City" beaver creek film series Jason Balla the music of the 1930s thursday, July 21 •7.9:30pm Jain us for a cultural, musical and historical retrospective of the 1930x, illustrated with songs and m usic by composers such as Cole Porter, Jerome Kern, Gershwin, and Rachmaninov, We welcome back tenor and pianist Jason Balla. Jason was born in Wales and received an h1~1 from Oxford University. hle has been a fulhtime company member of the Lyric Opera of Chicago since 1995 and has performed in more than 650 performances worldwide. This elegant evening includes complimentary champagne and desserts. S~FO l~S Supporters / S55 A![ others Horne of Debbie Neuga, Creamery Rands, Edwards Caf( 970.476.954 for reservations Cultura(Arts Series graciously underwritten by Dr. Gary and Carolyn Cage 8 performance prelude ~saturday, July 23.5pm Betsy Schwarm, Producer of "Classical Colorado" for KCME Radio offers a prelude to this evening's concert by the Plew Yotk Philharmonic Orchestra, performing R. Strauss's "Don Quixote° and "Der Rosenkavalier Suite" along with Wagner's "Parsifaf Prelude." FREE! Betty Ford Alpine Gardens Children's Garden, Waif ,~;;. ~.,. ~.. ° ;. ~~. ~. Kevin Furlong the Indian ocean tsunami: what happened and why were we unprepared? The December 26, 2004 earthquake and tsunami represented a magnitude of geologic events not seen since the 196Qs. Despite modern technology, how and why did this event take us by surprise? Speaker Kevin Furlong completed his PhD in Geophysics at the University Hof Utah. Nei taught at the University of Wyoming before moving to the Department of Geosciences at Penn State University in 1984. His research focuses on the behavior at plate boundaries, and his teaching involves courses on plate boundary geophysics and on natural disasters. FREE? • Cash bar The Antlers at Uail Not Topics series graciously underwritten by Sm~dy Clonnelfy The Symposium gratefully acknowledges Nancy cnd Bilf,Slowikotvski's support of this evening's presentation tuesday, august 30.7pm Alex Proyas' "Dark City" 11998; 100 minj was dwarfed by "The Matrix," which seas released just a couple of months faker, Both films address many of the same concerns about identity and the malleable nature of reality. This thoughtful, visually-arresting science fiction picture owes a great debt to German Expressionism and found the perfect roles for William Hurt, an other ~.vorldly Jennifer Connelly, and Rufus Sewell as everyman John Murdoch -called to search for himself in a city that never wakes up. Rated R. Film insights provided by Denver film critic Walter Chaw. S20 series o f four I S8 per f~~fm Vifar Center for the Arts. Beaver Creek Cal( 470.~l76.0954 Jor in)<orn~ation good ideas, essential as wafer www,vailsymposium,org 13 Larry Wansley security for a world in crisis How did 9111 change our nation? What is the current state of Homeland Security and are we prepared for disaster? Speaker Larry N+ansley was former Managing Director of Corporate Security forAmerican Airlines; a player counselor for the Dallas Cowboys; Security Director for Nlhitney Houston; and an undercover agent for the FBI. He detailed his covert years in FB! Undercover, the True Story of Speeiol Agent Mandrake. He Currently serves on Congressman N~ichael Eurgess' Homeland Security Council, the U. S. State Department Overseas Security Council, the Center for Stretegic and International Studies Homeland Security Advisory Group and the Southwest Emergency Response Network Board of Directors. S20 VS Supporters I $25 A(I other's 1 Optionaldinner to follow S40 Red'Sky Ranch, Wolcott Coll 970.d76.095~t for reservotions Hof Topics serres graciously underwritten by Sandy Donnelly +r' E 4. ~t ~~ ~_ it "Spirited Away" beaver creek film series tuesday, september 6.7pm An Oscar-winner for Best Animated Film in 2002, Japanese legend Hayao Miyazaki's °Spinted Away" (2002; 125 mint is pure rapture. Afantasy of a little girl losC in a world of monsters and ~~~itches witfi only her faith and courage to set her flee, it is a shining example of ho~r~ animation, especially as wielded by the Japanese, has the power to transcend the children's film ghetto and cultural boundaries. Amust-see: one of the best films of the need millennium. Rated PG. Film insights provided by Denver film critic Walter Chaw. $15 series of three i $8 per fiYm Vifar Center for the Arts, Beaver Creek Call 970.476.0951 for information Blair Oliver the art of storytelling s~aturday, july 16.9am-4pm "We'll begin by stepping out onto the writer's tightrope, that fine line betvaeen self expression and communication. We'll practice reading like writers... [and] avriting scenes. Though we may be working without a net, this progression of analysis v,~ill see us safely to our destinations." -Blair Oliver Blair Oliver teaches aC Front Range Community College where he's also the founding editor of Front Range Review, a national literary magazine. His stories have appeared in Red Rock Review Yale Anglers' Journal, hon Horse Literary Review, among others. His outdoors essays appear regularly in Ye[[owsfone Journal. 525; Please bring your own lunch CMC Edwcrds Campus ~,~ao ~ Ca[l 970.476.0954 for reservations "'caii~B°~~' ~.~~' ~~ ~.,; n 1l~ ,, ,~ ~;' Irma Bailey native american art and jewelry: show and sale We welcome the return of Irma Bailey and her priceless collection of North American Arts. Irma's collection has been loaned to the Smithsonian Institute, the Carnegie Museum, the Peabody Museum and shown overseas. The Smithsonian presented a Mavajo "tree of life" rug from Irma's catalogue to the Empress of Japan. Her show includes a significant collection of vintage collectibles, along with award-winning Zum; Hopi and IJavajo ~e4vehy, pottery, baskets, beadwork and rugs collected over 50 years. And she knows the story behind every piece! There is something for everyone. A portion of the sales benefits the Vail Symposium. Monday, July 18 • 4 8pm • Free reception, show and safe Tuesday, July ]9. 10am-4pm • Show and sale Horne of Kissy Russe(f, Singietree ^ ~ Ca!! 970.476.0954 (or information lh "`: 14 good ideas, essential as water www.vailsymposium.org 1 6 Spencer Wellhofer america's neo-populist revolt thursday, july 14 ~ 5:30-7pm Polarization in American Politics has reached levels not seen in over 100 years. Nye stand divided on fundamental issues such as, Faith vs. Science, Repubficanisrn vs. Majoritnrian Democracy, Mono vs. Multi Cultura[ism, Equity vs. Efficiency, and Individualisrn vs. Collectivism. What has produced the current levels of polarization? Will polarization ina~ease or decrease? Can America resolve these questions? University iof Denver Professor Spencer Wellhofer will share his insights on these widening rifts and show us how history constantly repeats itself. Spencer Wellhofer received his Ph.D. from Columbia University. His research has been funded by the Fulbiight Program, the Ford Foundation, and the National Science Foundation. S1D V5 Supporters I S15Af(others Light hors d'oeuvres and cash bar The Lodge and Spa at Cordillera, Edwards Call 910.476.095~J for reservations Hot Topics series graciously underwritten by Sandy Donnef[y The Symposium gratefully acknowled4es Marcie and Michael 8alk's support o f this evening'spresentction ~,°°"~ X good ideas, essential as water performance prelude friday, July 15.5pm Bravo! Music Festival pre-concert discussions add another dimension to the concert experience. Marc Shulgold, Music Critic at Rocky hlountoin Nervs, will dive insights into this evening's performance of Rossini's "La gazza ladra Overture," Ives' "Symphony No. 2° and Beethoven's "Concerto in C P~ajcirfor Violin, Cello and Piano" featuring the Dallas Symphony ©rchestra, Andrew Litton, Conductor, VS Supporters and evening ticket holders are also invited to attend the pre-concert rehearsal at the Gerald Ford Amphitheater from 1~ 2:30pm. FREE! Christicnia Lodge, Vaif Jane Gre~orius ~ Lynda Watson participation in the project, "the gates" thursday, September 8.5:30.7pm~ Jane Gregorius, long-time collaborator on Christo's and Jeanne-Claude's internationally acclaimed art installations, and Lynda Watson vdill illustrate their personal experiences of participating in "The Gates" project in Central Park_ through slides and video. They were able to document the installation of 7,500 saffron colored gates along 23 miles of Central Park. The gates were 16 feet high and involved 1,100 workers to install. Christo's and Jeanne Claude's projects are grand in scale and vision, Besides the breathtaking realizations of their ideas, the interaction of the artists with individual communities over the years it takes to complete a project is equally as fascinating. FREE! Town of fail Eibrary Community Room, Vaif Reception to follow at Soke Studio, Minturn ,.~ 1 ~~~ beaver creek film festival September 16-18~ The Beaver Creek Film Festival is a weekend of exciting, diverse, critically acdaime~ films selected~to intrigue, move, delight and entertain. (foul morning to midnight, cinephites ,~i11 have their fill! 5100 Weekend Package • S30 Af( f~Yms • S8 Per fi~im Films shown at Vilar Center (or fhe Arts, Beaver Creek Ca(( 970.-176.0954 Jor schedule of events Thanks to our partners for Phis event: Beaver Creek Resod Company, Vifar Center for the Arts and Priscilla O'Neil www.vailsymposium.org 15 The Vail Symposium would like to thank our 2005 Donors Underwriters Bronze Patrons '~~` ~ ~~`" ~ - ~ ~' discover minturn: a walking tour Dr. Gary and Carolyn Cage Charles Ackerman Sherill Baack Sandy Donnelly Nancy Benson Karen Berndt _ Tony and Barbie Mayer Alison Knapp Bill and Toko Cha m p~ Dr. Vince Matthews Priscilla O'Neil Charles and Sandy Lloyd Jahn and Bernice Davie a drive through time: stro<< with us through the back street~~ and aueys Drs. Dennis and Anne Wentz Paul and Susie Lyons James and Nancy Edwards the eolo Of edwards g gY of this charming historic railroad lov~m. Minturn David and Liz Stern Lee MacCormick Edwards to glenwood springs ~ boasts ~dectic architecture and the largest farmers' Brice and Jennie Hla~:a~k ~ ma~~;et in the Colorado Rocky Mountains. oar stops Evening Sponsors Woody and Mimi Stockwell K;i~ Hughes ~~<< include the Eagle Rover Inn, the h~stori~ 5t. Patrick~s Michael and Marcie Balk Reese and Alberta Johnson ~ • ~ ~ i ~hr~rsh, the Minturn Inn, and re~resentatis~e private Peter and Carole Segal Calvin and Jane Johnson ~~ residences. Karen Early, Economic Development Director Beautifully exposed alonglnterstate70arerocks I of Minturn, will be our e,uide. The tour ends at the Bill dnd NdnCy $lOW1kOWSk1 Karen Kern ranging from some of the oldest (1.7 billion years ~ Turntable Restaurant for a refreshing ice cream soda. Peter and Helena Leslie nldj to the voun;est Id,135 vr'ars oldi. The layers You've earned it! ~ $1~Ver Walter and Karen Loewenstern tell v,onderful stories of chan_ving cnvironn,ent~ ~ Michael Balk Deb and Dan Luginbuhl <md ecosysrens rhrouQh the last 50o minion years. ~ S5 Ed and Barbara Lukes we will examine those normal r;eological hazards, r call 97o.~y6.o95a for reservations Dr. Gary Cage Alex and Monica MacCormick including rack fall; floods, landslides, debris cars, ~r+hich '~, Diana Cecala ll become hazards when humans imprint themselves onto ~ °'"~~ Dor1S DeWton Bill and Joni Maxwe the landscape. Ourday ends with a scenic tram ride up ,; ~ Pam Elsner Joe and Brenda McHugh Iron Mount~n~n, allowing us a bird's eye view of Glenwood ; `~;, ~s Barbie and Tony Mayer Denn and Jud 0' Brien y y springs and the surrounding area. ' ~ ~~~ ~ ~"~" ~' ~ , ~ ~ ' ' '~' ~ ~ Jim and Liz Lynner Palenchar our excursion leader, Dr. Vince Matthews, is State ~ ? ~~ ~ ~ Carolyn McGinnis Jay and Amy Regan Geolovist and Director of the Colorado Geolu;ical Karen Morter Rosalin Rogers s~rs~ev. He vans senior Editor Gr the mult;ple ~~~~arrl Priscilla O'Neil Bernie arid Suzanne Scharf e v/inning hook, Messages in stone: co(orodo~s Co(orfuf Ebby Pinson Peter and Carole Segal Geology. Nancy Slowikowski Robin and Kathy Smith Sao Karin Weber John and Nancy Snyder call 9~o.ayb.o9sa for reservations ~~ ~~ Dennis Wentz Keith and Karen Spero ~=' ~ o Jahn and Allison Wells 16 www.vailsymposium.org 5 i Dr. Barry Strauch history and trends in the u,s. health care system . -. - ~. ~ Dr. Barry Strauch; Director of Special Projects in perfOrlllanCe prellJde the Department of ~Uedicu~e at Fairfax Hospital and Chmcal Professor of M~edi~ne at Georgetown Medical ~ . ~ School, will deliver a broad overview of the health care ~ system over the past 100 years and illustrate important Enjoy this informative and delightful prelude ` ~ trends. These include costs of new technology and drugs, to'~ the evening's performance of Michael ~ malpractice premiums, the nursing a~sis, and burdens Torke's "Ecstatic Orange," Mendelssohn's~ ~ on physidans:~ Dc Strauch will present hard numbers and "Violin Concertoein E P1~inor, Op. fi4" and conclude with possible solutrons. Stravinsky's "Petrouchka." Speaker Christopher ~~ Seaman has been Music Director and Conductor FREE! of the Rochester Philharmonic Orchestra for seven 1 `;haw Regional Cancer Center Edwards ' 1 seasons. This internationallyrenowned British Presented in partnership with ~orl UalfeyMedicui conductor is reco,nized as having raised the artistic Center foundation level of the orchestra to its present excellence. I+S Supporters and evening Ucket holders are also Hot Topres series graciously underwritten by mvlted~to attend the pre-concert rehearsal at the Gerald Sandy Donnelly Ford Amphitheaterfrom 10am-12:30pm. FREE! ~ Betty Ford Alpine Gardens Children's Garden, fail ~ ~" ~ '~ a ~~ good ideas; essential as water ~' r i i r ~~ ~ I The Vail Symposium would like to thank our 2005 Donors Supporters Roger and Pat Benedict Judy and Howard Berkowitz Henry and Joan Bornstein Gus and Eleanore Bramante Jan Broman Douglas Crichfield Jack and Kathleen Eck Craig and Ellen Fetterolf :_ ~` Dante and Odessa Fiorini Jim and Cookie Flaum Victoria Frank - ~ Pamela Friedman Steve and Gracie Gamble. Jean Graham Martha Head Barbara Hibben Bobby and Nancy Inman Pat Johnson Mr. and Mrs. John Klingenstein William and Ann Loper Peter Macdonald Peter and Lynne Mackechnie Diana Mathias Don McBee and Jill Wilson Marilyn Menns George Mizner Sandra Morgan George Mossman Gary Oatey Bob and Mary Ellen Owens David and Elaine Pearce Drew Rader Kathi_ Renman Doug and Vicki Rippeto Bernie and Suzanne Scharf ~ Sherman and Joyce Scott William and Dorsey Seed Charles and Donna Singer Robin and Katy Smith Greg and Connie Strahan Pam Timmins , Stephen and Linda Waterhouse Jane West Joan whittenberg Don McCree and Jill Wilson Ronald and Valerie Wolfe David and Sandy Younts Susan Zimmermann Corporate Sponsors Alpine Bank Antlers at Vail Beaver Creek Resort Company Colorado Mountain College Colorado Mountain Express First Bank 'NedBo Construction PluntTV Prima Pyramid Printing RSN Channel 8 Slifer Smith It Frampton Real Estate The Sonnenalp of Vail Foundation The Title Company of the Rockies Town of Vail UPS Stores of the Vail Valley Vail Daily Vail Public Library Vail Trail Vail Valley Foundation Vail Valley Medical Center Foundation Verbatim Booksellers J.L. Viele Construction Vilar Center for the Arts Zephyr Radio - KZYR Avery special thank you to Peter Leslie for his work on the Vail Symposium's website: www.vailsymposium.org /~ Thank you to all the volunteers who make our events possible 11 The Vail Symposium would like to thank our 2005 Donors Friends Jim and Suzy Donohue Bob and Ann Louthan Margaret Rogers Morgan and Catherine Douglas Susan Mackin Dolan Byron and Sally Rose Andrew James Abraham Anne Dunlevie Nary Louise MacRossie Evelyn Rosen-Budd Peter Abuisi James Dye and Dona Stever Dr. Jean and Melanna Marcellot Gary and Terie Roubos Rich and Debbie Adams Jack and Kathleen Eck Dick and Judy Narks Bobbie and Jim Ruh Larry and Sandi Agneberg Joel and Lainie Edinburg Marjorie Narks Bobi Salzman Sy and Susan Applebaum Anne Esson Yolanda Marshall Roberta Schmidt Ellen Baldwin Sue Eves Chris and Rebecca Matlon Jon and Bobbi Schwartz Roger and Margo Behler Fred and Sara Ewald Butch Nazzuca Christine Sena Kim Blackford Peter and Carole Feistmann Tom and Norr~is McCalden Oscar Sevilla William and Clare Brown Dr. R.J. Finn Debby McCI~'iahan Donald and Myrna Sigman Tom and Tess Backhus Larry and Micki Fletcher Nac and Karen ^:~cDevitt , ` Buddy and Bon ie Sims Judy Balice Thomas and Joan Francis W'i[liam and ~~haron McDonald Jim and Daphne Slevin Michael Beltracchi James and Ann Frein -Mary Anne Nctternick Suzanne Sloan Evan and Susan Black Robert and Helen Fritch Nancy trciey~ Phil and Verna Mae Smiley Alice Boone ~ John and Linda Galvin ~ onnie P.~ieku any Nerm and.;arah Smith David and Cyndi Bright Charles and ~~+ona ~~/aricGambrill ,hit and Cathy Mishcll Richard and Linda Sommers Margrit Brinker gob and kris Gary GaiCMolloy Sydney Sommers Anthony Bryan Tom and Sandra Ga,lord ~ Liz Moores Jim and Barb Spiker Bobbi Bryson Nanc ~ G la'dstone ~ Thomas Moorhead Mike and Thatch Spriggs Jack and Peg Buchannan ~ Barbara Goldenberg Lyn and Joanne Morgan Howard and Cathy Stone Marge Burdick Marshall Gordon Narka Moser Sheila Sullivan Jim Butterworth and Lisa.Sleet~r John and LyndGotfheb Tom and Dee N~ulvihill Michael and Tarrah Suman Nancy Byers Robert and Sheila Gouterman . ~ Terry Mutter Nancy Sweeney David and Ellen Caplan ! , '1,P. Gramm ' Sally and Dick O'Loughlin Lucille Syracusa A Jack and Joan Carnie Gene and Bohbi Hagerman Patricia O'Neill and John Moore Dr. Tetsuo and Cindy Tatsumi Charlie and Norma Carter William and Da'.^n Hamlett Oran and Paula Palmateer Patricia Teik Pedro and Patricia Cerisola Tom and Jane Healy ' ` Robert DaUain, Park Hyatt Alex Theis Don and Joan Chambers Gerald and Connie Herman Beaver Creek Resort Carl and Marilynn Thoma Kay Cherry Anne Hintz Alan and Kim Parnass Brooks Thomas Elizabeth Clark John and Pam Horan Kates Jean Peterson Rosemary Tongish Dick Cleveland and Bill and Jane Houston Sheila Peterson Tim and Nancy Tyler Kathy Langenwalter Jay Jaffe Pat Pinkard Stephanie Uberbacher Janet Cole John Hollis and Karen Kalfas William and Cindy Pintzow Jacob and Jennifer VanBeelan Michael and Sally Connelly Karl Kamrath and Pat Abbott Susan Pollack Jim and Kathy Viele Mickey Cook Caroline Karlin Ron and Mireille Pollack Benjamin and Joy Warren Stan and Mary Ellen Cope Bruce Kasson Steve and Carolyn Pope Philip and Josie Wasterval Bill and Kim Cox Stephen and Mary Sue Katz Joseph and Judith Porino Kyle and Lorraine Webb Peggy Curry James and Jane Kaufman James Power Norm and Margot Welch Kelly Dallman•Hoyes Jim and Diana Kaylor Aldo and Sara Radamus Dick and Chris White Alan and Silvia Danson Marlene Kearney David and Alexandra Ransburg Leila White Ann Darby Elizabeth Keay Michael Reisinger George and Betsy Wiegers William Davis and Andrea Running Jack and Joanne Kemp Costanza Rendic Adel Williams Deb Deverell Nancy Knill Mitchell and Pearl Rieger Bud and Marie Wonsiewicz Terri Diem Alan and Judy Kosloff C. Lee Rimel Glen Wood Abby Dixon Karl and Pavan Krueger Anne Roberts Hap and Nancy Young Susan Mackin Dolan Robert and Katie Lambert Robert and Carole Zinn Jim and Bunny Landis Eugenia Zukerman 18 'Sonam Jatso the soul of. Bhutan: stories of ` uncommon,~ourneys ;~ ;; In Bhutan, a tiny jewel high in the Himalayas ~~ tucked between India and TibeC known as the Dragon Kingdom, tradition is real:=you can see it, and feel it. Yet barely 6,00 travelers each year get to visit this extraordinary nation of only 600,000 citizens, the result of a government policy to preserve their happy isolation. Their belief in "Gross National Happiness" as opposed to Gross National Product is an enviable model. Presenter Sonam Jatso lives in Thirnphu Bhutan's capital. He was educated in India and spent six years working for the Ministry of Finance!of the Royal Government in Bhutan. In 1996, Sonam started his own `'travel company, Insiders' Bhutan. ~r~ FREE! Donovan Park Pavilion fn partnership with the Town of Vaif Library ~. ;, ~ ~" 'f r~ ~~• ~~ art in aspen ~;~ ~~ ~ r ~~ ~ ~~ ~'' i :x: ~}~ k' ;~ r a We start the day with an insider's look into the studio of Colorado painter Dan~Sprick, who'paintS with such clarity that his works look ~ more real- than reality". Our next stop is Anderson Ranch, a learning community that offers workshops taught by today's most prominent artists. Our stay will include a tour of the ranch and lunch with sculptor, print~maker• and painter, Hiroki Monnoue. Next, ~we will go to the home of Eli Weiss, founder.of WILDIZE Foundation. Eli has an incredible home on Woody Creek. Inside, you will find a rare collection of African art and furniture. Our final visit will be to the studio of nationally acclaimed sculptors, James Surls and Charmaine Locke in Carbondale. Their studio and sculptures are unforgettable! Trip includes all stops,lun~h and transportation. ~~ ~ ~~ 5100 VS Supporters l 5125 AU others ~' Call 970.476.0951 for reservations ~, ~tl'' www.vailsymposium.org 3 , .Aye„ ~-I ~lo~~,. I'oc~c~ LISA ~~ ' TASTE, TR~DITIOPJ AI~Jp THEE; ~_~~ HOtlEST PLEASURE GFFOaD~ '' ,, 1~< , The Vail Syrnp~osium arid Colorado idounfain College are colldbarafirig to bring a convivium ofSlow Food USA.'to the. Vail Valley PECOgnizing that the enloyme-nt of wholesome food Is e,senficrh#o flee pursuit of+}~ w{ Happiness, Slot%FoodllSA'is'dedicafed ~ ~fo stewaldshlp ~f thp~land dnd, ~e ~ol~gicaly1sou~d foro,dspr~oducfion; "~~' well;as thP,~e *iva~ yf~the ~jt~ h~yn~`,~ and theiable as centers of~pleasure.~ ~".f ' c ltu e and coni'rnu~nity.`` ~,n~_ ;i ,~},Please rally"%, ~ ~ f ~ t for mcre in'orrration.: ~~ . _ ~ ___ The Vail Symposium is about community. 1Ve are proud to be partnering with Colorado Mountain College on a number of programs for this summer. Look for the partnership logo in the Colorado Mountain College catalog. Life is about learning! The Art of Storytelling Art Trip to Aspen Discover Minturn A Drive Through Time Trash or Treasure? Colorado ~~ Mountain College/~' Ulr~" . Letter from the President welcome to Summer 2005 at the Vail Symposium! "Good ideas are as essential as water." This summer, we are overflowing with lots of cool ideas and thought-provoking programs to quench your intellectual and adventuresome thirst. You can drink up our Hot "Topics, sip on the Cultural Arts Series, lap up our Backyard Adventures or float away at our Film Series. We offer a steady stream of programs that are refreshing and stimulating for the entire community. We hope that we have "wet" your appetite and you will join us for your own personal enrichment. If you have not supported the Vail Symposium for 2005 -it's not too latel Please see the back page of our program for details. Our thanks to you and our community partners for making our programs possible. Cheersl Ebby PRIMA Culture. Entertainment. Altitude. The Vail Symposium is pleased to be included in Prima's 2005 magazine .; ~~' ~ CCC r ~, _ . -~. ~ - :. ~_ ~ s i Cd f ~~~~ /!(/ ~~ ~ ~ e you ~J ~ u j~o~t t~ e~ r~ ~~ J ~h" _ ~ , ~/. ~~ . a~ m oscum i ~ ~ `~. <; ~. THE MosT TRUS~rEn NAME >N VAIL '.. t ,' ~ ~ ~ s VALLEY REAh ESTATE FOR-OVER~40 YFARS C` }j ~ ~ ~jQ' _ ~Ay~~, 'e~, www.VailRealEstate.com F---.~ F~Ji--.~/ ~~ L-v~~ F- _ ~ ~4 ]OIN P VENI ORF !. I 'H - 1 ~ ,n Rr.nrtr ~ -~, ~. .y _ a. i ~~ti, n _9 r1 ' roud tc the p... ~ ~_ ~1 The Vall Symposium thanks The UPS Stores of the Vall Valley for their generous support. THE UPS STORES OF THE VAII VALLEY ~.l',~. `.support Vall Symposium ~~'BAN(..~i; Colorado bankfor riou!® 24-Hour Telephone Banking 479-3400 efirstbank.com Member FDIC Each Depositor Insured to $100,000 {=] ~YTefer ®2005 FirstBank Holding Company ~ ~° Join Us this Year! Discounts at our events are dust a few of the benefits of supporting the Vail Symposium. .~ Q Platinum $5,000 Q Supporter $250 Q Gold $3,000 Q Friend, up to $249 Q Silver $2,000 Q Couple $60 Q Bronze $1,000 Q Individual $30 Q Patron $500 Name: Mailing Address: City, State, Zip: Phone: E-mail: VISA/MC No: Exp. Date: Signature: ' FdX: Please return to: The Vail Symposium PO Box 3038 Vail, Colorado 81658 Thank you! Please see the "Supporting Symposium" section of www.vailsymposium.orgf0r Donor Benefits or call 970.476.0954. ~A I L~ summer 2005 programs • notables 6t quotables • hot topics • unlimited adventures ;, ., ~~ -~ • cultural arts;~~ ~`~ • beaver creek -film festival ~ ~' • backyard adventures;, r. ~.~ :~ • beaver creek film series ,, M ~~ »r. ~~ P ~ ~ MA AnT~ERS AT vain Cblhue. Entertainment Altitude. CONDOMINIUMS & CONFERENCE CENTER SLIFER SMITH FRAMF'TON f REAL ~~TATI„ ' ' - - `~ BEAVER CREEK RE50RT COMPANY [~ iOINT VENTURE WITIi VAIL RESCRTE~ ANC. - . t\~ Colorado Mountain ,~ College - ~I .,' ~~. ..Vail Daily ~G~~~C~ ~o o~r~ o o ~~0~9 ;i c~ca+~Al~r,~rE,~s f~~B~N( ~ ~ 7rr R Kam'/I~~ IlR ~~~f'Jt ~~o~y~ ° ~ LIBRARY channel 16 ~* THE UP5 STORES OF THE YAIL VALLEY PYRAMID PRINTING r v So nalp of Vail Foundation ,~~I«I~ Alpina Bank R . -® U CONETHUCTIO ~~ ~~ ~~ Vail Valley Medical TITLE COMPANY OE THE ROCKIES, INC. Center Foundation ver•ba•tim BOOKSELLERS L N V ~' C~'' L ~~ '~11~Uaaul e° FOUNR9TION a `u 0 V /,\ \\ \`' J! \ What We Did in 2004 C~~i~~~a0 Q~~ Shaker Art and Architecture, Barry and Nancy Sanders AStreetcarNamed Destine, Michael Morris Alaska Native Art and Crafts, Alice Rogoff Rubenstein Festival of Words, Five Nationally Recognized Authors An Evening of Opera, Jason Balla Bravo! Before and Afterthoughts Rebuilding the World Trade Center, Dr. Lee MacCormick Edwards Great Divide, the Rocky Mountains tin the American Mind, Gary Ferguson Tour of Leadville Mining, Mayhem and Other Carbonate Excitements, Roger Pretti Ga Fly a Kite, and Make it Too!, Ty and Helen Gillespie The Writer's Craft: Walking the Tightrope from Story-Teller to Reader, Blair Oliver The Tuscan Palette, Bob Nauman ArtTrip toSanta Fe,Behind-the-Scenes What We Did in 2004 Mnliu~i~e~l Qd~eo~~~~e$ Traveling the Waterways of Ellesmere, Greenland and Mongolia, Tom Kay Mt. Everest - A Woman's View of the Summit, Ellen Miller Glaciers, Icebergs and Toyotas, Herbie Ogden Cycling Across Six Continents, Steve Williams Superior Beings, Trish Downing What We Did in 2004 N ®i~ ~®~u~~ Politics and the United Nations, Peter Leslie Rogue Regimes: Is Iran or North Korea the Next Iraq?, Raymond Tanter Far Better or Worse, The US-UNRelationship, Linda Fasulo Harvest on the Horizon -Genetically Engineered Food, Mary Lee Chin Economic Impacts of Globalization, Tucker Hart Adams Media Bias, John Haile Global Warming, John Cahir In Search of a Realistic and Acceptable Solution to the Israeli-Palestinian Conflict, Alexis Keller Communications Between the Sexes: Is it Possible?,Barbara Tannenbaum Seoul Train, Jim Butterworth and Lisa Sleeth China: The Dragon is Awake, Dr. Roy Schwartz The Future of the West, Roger Brown What We Did in 2004 ~ilmns ~ ®~~e~ Beaver Creek Film Festival Beaver Creek Summer Film Series Beaver Creek Winter Film Series . Kids Voting USA Forecast for the Future !~®I®I®~[1:[a YJ Il~1j~~ _~.~~~ a ~~a . ,r,f~~ ~ i ;. :~ .~ ~ ~, .. w « ~~~ `~, • f ~~. , y,y f ~~ f 6 f ; ~' ~'~~Mr ~ ~ ~i If N~= 1 , 1: Y, ~~~