HomeMy WebLinkAbout2006-09-05 Support Documentation Town Council Evening SessionTOWN COUNCIL
EVENING SESSION AGENDA
6:00 P.M,, TUESDAY, SEPTEMBER 5, 2006
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. - ITEM/TOPIC: Citizen Participation. (10 min.)
2. ITEM/TOPIC: Consent Agenda. (5 min.)
a. Approval of 08.01.06 and 08.15.06 Minutes.
3. Lorelei Donaldson ITEM/TOPIC: Commission on Special Events (CSE) Appointment.
(5 min.)
ACTION REQUESTED OF COUNCIL: Appoint one applicant to
the CSE; one member shall be .appointed to fill the vacancy which
exists and ends on December 31, 2006.
BACKGROUND RATIONALE: One vacancy exists on the Town
of Vail Commission on Special Events (CSE). Applicants must be
residents of the Town of Vail, own real property within the Town of
Vail, own a business in the Town of Vail,. or be employed within
the Town of Vail
Members of the CSE shall serve at the will of the Town. Council.
The CSE shall support the Town Council's goals and objectives
and makes decisions in alignment with the Town Council's
marketing direction. The mission of the CSE is to support street
entertainment and special events for vitality, year-round fun,
sense of community and increased quality of experience for
guests and residents. The Functions and/or duties of CSE shall
include, but are not limited to: hiring and overseeing a director
and/or staff, as well as event producers and/or promoters;
creating, funding and seeking special events for the Town of Vail;
evaluating event applications and event success; submitting an
annual budget for operations and events; coordinating the
community calendar for special events; seeking out additional
funding for special events through sponsorships and donations;
evaluating and executing contracts for special events; and all
other functions as directed by the Town Council.
The Town received three (3) applications for the vacancy. The
Council needs to interview. each applicant at the work session and
then appointment one applicant to the CSE at the evening
meeting.
CSE meetings are generally held on the morning of the fourth
Tuesday of each month. Although the position is voluntary, the
Town provides each member with a blue parking pass in
appreciation of the contribution to our community.
The applicants are as follows:
Kayla Kundolf
Tom Neyens
Heather Trub
RECOMMENDATION: Appoint one member to the CSE, to fill a
vacancy, term ending December 31, 2006.
4. Stan Zemler ITEM/TOPIC: Town Manager's Report. (10 min.)
a. Sign Code Questions.
On August 1, 2006 the Community Development Department
reviewed several issues related to signage and outdoor displays
with the request to either begin consistent enforcement of the
current code or make modifications to the code. At the conclusion
of the work session, The Town Council directed staff to make
several modifications to the code. Based on that Council meeting
and subsequent discussions with merchants, staff would propose
evaluating and updating the code as it relates to several specific
issues:
1. Seasonal (summer) promotional signage
2. Menu Special Boards
3. Creating a lease option for outdoor displays on public
property
Staff would propose first using the Economic Council to develop
policy solutions to these questions and then having 1-2 broader
discussions with the merchant community to discuss proposed
policy solutions.
5. Greg Hall ITEMROPIC: Construction Update. (5 min.)
6. Greg Hall a ITEM/TOPIC: Review and approve recommendations of the
Parking Task Force for 2006-2007 season. (15 min.)
ACTION REQUESTED OF COUNCIL: Review the parking
recommendations of the parking Task Force and approve parking
policies for 2006 -2007.
7. Russ Forrest
BACKGROUND RATIONALE: The Town Council established the
parking task force to provide direction to the Vail Town Council
regarding parking operation policies for each year. The task force
met and has recommended an adjustment in rates to meet
increased operating costs and lessen the previous steep increase
between the 1 and 'h hour and two hour time frame. They
recommend a small increase to gold pass price to reflect the
increase in the daily rate.
STAFF RECOMMENDATION: The parking task force
recommended the following changes to the parking policies for the
2005-2006 season.
Existing Rates
Fees Are Good 7 Davs A Week
Less then 1'h hour Free
1'h to 2 hr. $ 4
2to4hr. $ 10
4 to 6 hr. $ 15
6 to 24 hr. $ 16 All Day Cap
Proposed Rates
Less then 1'/2 hour
1'/2 to 2 h r.
2 to 3 hr.
3 to 4 h r.
4 to 5 hr.
5hr to 24 hr
Fees Are Good 7 Days A Week
Free
$ 4
$ 8
$12
$16
$ 17 All Day Cap
Gold Pass increases $50 from $2000 to $2050.
ITEM/TOPIC: LionsHead Parking Structure RFP. (10 min.)
ACTION REQUESTED OF COUNCIL:
1) Review and receive direction on funding for resources to assist
in the due diligence of the LionsHead Parking Structure RFP
process;
2) Review how the project goals are proposed to be reformatted
as criteria for a selection process; and
3) Review next steps.
BACKGROUND
On August 1St the Vail Town Council directed staff to invite Open
Hospitality Partners and East West Partners to prepare proposals
consistent with the LionsHead Parking Structure RFP. Staff has
provided a revised schedule to allow for additional public input and
consideration. In addition, the Town Council ,asked that an
appraisal be completed on the property and that resources be
obtained to review the financial plan and construction plans for the
proposals as part of the selection process. The memorandum for
this item includes a proposed budget that is also included in the
2"d reading of the supplemental budget to be considered on
September Stn
8. Bill Gibson 1TEM/TOPIC: An appeal, pursuant to Section 12-3-3, Appeals,
Vail Town Code, of the Town of Vail Planning and Environmental
Commission's denial of floodplain modifications, pursuant to
Chapter 14-6, Grading Standards, Vail Town Code, to allow for
modifications to the Town of Vail White Water Park, in the Gore
Creek floodplain, located at Tract t, Block 5E, Vail Village Filing 1,
(generally located east of the International Bridge on Willow
Bridge Road), and setting forth details in regard thereto. (PEC06-
0050) (5 min.)
ACTION REQUESTED OF COUNCIL: Table this item to
September 19, 2006, to address an issue related to the public
hearing notice.
BACKGROUND RATIONALE: On August 7, 2006, the Town of
Vail Planning and Environmental Commission denied a floodplain
modification request, pursuant to Chapter 14-6, Grading
Standards, Vail Town Code, to allow for modifications to the Town
of Vail White Water Park, in the Gore Creek floodplain, located at
Tract I, Block 5E, Vail Village Filing 1, (generally located east of
the International Bridge on Willow Bridge Road). On August 15,
2006, the Town Council "called-up" this Planning and
Environmental Commission action.
9. Gregg Barrie ITEM/TOPIC: Bighorn Park Playground Improvements. (15 min.)
ACTION REQUESTED OF COUNCIL: During the Work Session,
staff will be requesting the Council to choose an option for
proceeding with the Bighorn Park Playground Renovation.
Depending on the outcome of the Work Session, staff is
requesting approval of a project budget and approval for the Town
Manager to enter into a contract for construction of the project.
BACKGROUND RATIONALE: In February of 2006, town Staff
presented a Plan for the renovation of the Bighorn Park
Playground to the Town Council. Feedback was generally
positive and the Council informally approved the design. Only one
proposal for construction was received and it was substantially
higher than the cost estimate. Several options for proceeding with
the project are outlined in the attached memo.
As with our past several playground renovations, custom play
structures and the inclusion of artwork are the basis for the
design. The Bighorn Park design is based on the construction of
wooden sculptures that would serve as play structures to which
various play equipment such as slides, bridges, and ladders could
be attached. The sculptures, or "Blooms", are shaped as inverted
cones and constructed of lodge pole pine killed by mountain pine
beetle.
The design creates a unique playground that blends with Bighorn
Park's natural setting, reuses some of the existing play structure
and site elements, and generally follows the comments we
received from the Neighborhood Open House.
STAFF RECOMMENDATION: Review the Alternatives outlined in
the attached memorandum and provide a recommendation to staff
for proceeding with the project. Staff can look within existing
budgets to pay for increased costs.
10. TRAHC Board ITEM/TOPIC: Timber Ridge Affordable Housing Corporation
(TRAHC) Update. (20 min.)
ACTION REQUESTED OF COUNCIL: Approve use of buy-down
funds for additional remediation
BACKGROUND RATIONALE: The board of Timber Ridge
Affordable Housing Corporation requests $200,000 from the
town's existing buy-down budget-for use in remediating additional
units. Currently 158 units have been remediated and are rented.
An additional 18 units are in process of remediation. Cash flow
with the additional 18 units is projected to turn negative in 2009
when the first principal payments become due on the Series A
bonds. At least three employers have indicated interest in master
leasing more. than the 18 units in process. A sewer blockage,
which was previously though to be a more serious problem, has
been repaired in the. two remaining buildings and a plan for
remediation has been discussed with a hygienist. Remediating
the final buildings will provide 24 units of housing this year and
provide positive cash flow indefinitely.
STAFF RECOMMENDATION: Allocate $200,000 from the
housing buy-down program in the Capital Projects Fund 2006 for
Timber Ridge remediation.
11. Judy Camp ITEM/TOPIC: SECOND READING OF ORDINANCE NO. 21,
Series of 2006, AN ORDINANCE MAKING SUPPLEMENTAL
APPROPRIATIONS TO THE TOWN OF VAIL GENERAL FUND,
CAPITAL PROJECTS FUND, REAL ESTATE TRANSFER TAX
FUND, HEAVY EQYUIPMENT FUND, AND DISPATCH SERVICES
FUND OF THE 2006 BUDGET FOR THE TOWN OF VAIL,
COLORADO; AND AUTHORIZING THE EXPENDITURES OF SAID
APPROPRIATIONS AS SET FORTH HEREIN; AND SETTING
FORTH DETAILS IN REGARD THERETO. (10 min.)
ACTION REQUESTED OF COUNCIL: Approve or approve with
amendments the second reading of Ordinance No. 21, Series of
2006.
BACKGROUND RATIONALE: To be provided in a separate
memo.-
STAFF RECOMMENDATION: Staff recommends that the Town
Council approves or approves with amendments Ordinance No. 21,
Series of 2006, upon second reading.
12. Matt Mire ITEM/TOPIC: Ordinance No. 23, Series of 2006, AN ORDINANCE
SUBMITTING A PROPOSED AMENDMENT TO THE TOWN OF
VAIL HOME RULE CHARTER TO THE VOTERS OF THE TOWN
PURSUANT TO COLORADO REVISED STATUTES, SECTION
31-2-210 AND DECLARING AN EMERGENCY. (20 min.)
ACTION REQUESTED OF COUNCIL: Approve or deny
Ordinance No. 23, Series 2006.
BACKGROUND RATIONALE: Section 31-2-210 of the Colorado
Revised Statutes authorizes the governing body of a Colorado
home rule municipality to submit proposed Home Rule Charter
amendments to the voters of such municipality by ordinance. The
Town of Vail (the "Town") Town Council (the "Council") has
requested to review proposed language amending Section 3.2
concerning terms of council members. The proposed language
would make all terms of council members to be four (4) years
starting in 2009. The proposed language will NOT change the
current term limits of 8 years (or with the new language = 2 terms).
STAFF RECOMMENDATION: Approve Ordinance No. 23, Series
2006.
13. Dwight Henninger ITEM/TOPIC: Resolution No. 16, Series 2006, A Resolution
Directing All Members of the Town of Vail Police Department to
Cooperate with the State and Federal Officials with the Regard to
Enforcement of State and Federal Laws Regarding Immigration
and Further Directing all Members of the Town of Vail Police
Department to Comply with the Requirements of Colorado
.Revised Statues (C.R.S.) § 29-29-103(2)(a). (10 min.)
ACTION REQUESTED OF COUNCIL: Consider Resolution No.
16, Series 2006, for approval.
BACKGROUND RATIONALE: The General Assembly of the
State of Colorado has enacted legislation designated as SB06-
090, setting forth certain policies and regulations regarding
immigration. A portion of SB06-090 has been incorporated into
the Colorado Revised Statues (C.R.S.) as C.R.S. § 29-29-103.
Colorado Revised Statues § 29-29-103(2)(a), sets out certain
requirements for local peace officers to comply with concerning
immigration. C.R.S. § 29-29-103 requires the local governing
body of each local government to pass a resolution of this type,
specifically directing its peace officers to cooperate with state and
federal officials with regards to enforcement of state and federal
laws regarding immigration and further directing its peace officers
to comply with the provisions of C.R.S. § 29-29-103(2)(a), even
though a resolution directing local police officers to comply with
other duly enacted state statutes has never been required or
necessary. The Colorado General Assembly has declared that
any local government violating C.R.S. § 29-29-103(1) or (2)(b)
shall not be eligible to receive local government financial
assistance through grants administered by the Department of
Local Affairs until such time as the local government is in
compliance with C.R.S. § 29-29-103(1)(2).
STAFF RECOMMENDATION: Approve Resolution No. 16,
Series 2006.
14. ITEM/TOPIC: Adjournment. (8:30 p.m.)
NOTE UPCOMING MEETING START 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, SEPTEMBER 19, 2006, IN VAIL TOWN COUNCIL
CHAMBERS
Sign language interpretation available upon request with 48-hour notification. Please
call 479-2106 voice or 479-2356 TDD for information.
Vail Town Council Evening Meeting Minutes
Tuesday, August 1, 2006
6:00 P.M.
Vail Town Council Chambers
The regular meeting of the Vail Town Council was called to order at approximately
6:00 P.M. by Mayor Rod Slifer.
Members present: Rod Slifer, Mayor
Farrow Hitt, Mayor Pro-Tem
Kent Logan
Greg Moffet
Kim Ruotolo
Mark Gordon
Kevin Foley
Staff Members: Stan Zemler, Town Manager
Matt Mire, Town Attorney
The first item on the agenda was Citizen Participation. Former Mayor Bob Armour
complimented the Vail Police Department for hosting National Night Out, a crime
prevention event.
Sheika Gramshammer of Hotel Gasthof Gramshammer expressed disapproval about the
Vail Village noise ordinance. She asked that a grace period be extended past 10 p.m.
as musical entertainment enhanced the guest experience seven days a week.
The second item on the agenda was the Consent Agenda.
a. Approval of Evening Meeting Minutes for July 11 and July 18.
Moffet moved to approve the consent agenda with Foley seconding. The motion passed
unanimously, 7-0.
The third item on the agenda was a Wildlife Protection Discussion. Town Attorney Matt
Mire asked Council to review the staff memorandum contained in the packet and discuss
possible amendments to the Town of Vail Wildlife Protection regulations to more
effectively further the purpose of the Wildlife Protection Chapter of the Vail Town Code.
In August 2002, and in response to a dramatic increase in human-bear conflicts, the Vail
Town Council adopted Ordinance No. 19, Series 2002, which amended the Vail Town
Code to include a Chapter regarding the Wildlife Protection. The stated purpose of the
Wildlife Protection chapter was to "protect and maintain wildlife in the Town of Vail and
surrounding areas and to minimize the risk of dangerous interaction between humans
and wildlife." On July 11, 2006, and based upon the testimony from town staff and Bill
Andree of the Colorado Department of Wildlife regarding the effectiveness of the 2002
ordinance, Council directed staff to prepare an agenda item for the Council's
consideration of amendments to the Wildlife Protection Chapter which would more
effectively serve the purpose set forth above. On July 18, 2006, the Council passed an
emergency measure which removed the requirements for warnings to first time offenders
from the current Wildlife Protection regulations and also eliminated maximum fine
amounts. Accordingly, first time offenders of the current wildlife protection regulations
are now subject to the general penalty provision of the code (up to $999 in fines and
incarceration of up to 180 days, or both). Police Commander Steve Wright reported
since the inception of the aforementioned emergency ordinance, 11 residences and four
businesses had been cited. He explained, "Many cases are people who put their
garbage out before they go to bed." Matt Donovan, representing Vail Honey Wagon,
explained "bear resistant" waste receptacles would cost consumers $150 per can with
"bear proof" sheds costing as much as $500. Gordon asked if refuse collection would go
up if trash haulers were required to provide bear resistant cans. Neither of the trash
haulers present commented. Although it was explained no plastic container would be
totally bear proof, Bill Andree said plastic bear resistant containers would promote
negative conditioning. During the public comment period, Sally Jackle thanked Council
for passing the emergency ordinance, and asked them to require all garbage to be bear
proof if outside all the time and bear resistant if taken out on garbage day. Bob Armour
said the recently passed emergency ordinance was appropriate and timely. He
emphasized, "We need to be measured in our response." Phyllis Dixon encouraged
more stringent enforcement of the existing code. Chris Fitzgerald supported further
exploring bear proof/resistant options. Moffet encouraged residents to report unsecured
refuse containers to the Police Department. Foley asked about the possibility of using
Real Estate Transfer Tax (RETT) funds to reimburse residents for the purchase of bear
proof/resistant containers. Wright clarified the municipal judge had the .ability to
determine appropriate punishment including the requirement of bear proof containers.
Following. the public comment period, the Council directed Mire to prepare an ordinance
for consideration at the Aug. 15 meeting with requirements ranging from plastic trash
bins equipped with latches for most residences, to steel bear-proof containers for multi-
family, commercial and construction uses.
The fourth item LionsHead Parking Structure Redevelopment Request For Proposals
(RFP). Due to a predetermined conflict of interest (East West Partners affiliation), Slifer
recused himself from the item and left the Council Chambers. The afternoon work
session with Council and two members of the Planning and Environmental Commission
(PPEC) and two members of the Design Review Board (DRB) was intended to provide
an opportunity to interview the two competing developers that responded to the
LionsHead RFP. Those two developers include: East West Partners, and Open
Hospitality Partners & Hillwood Capital Partnership. Staff requested Council receive
public input on the LionsHead RFP and then provide direction to staff on whether to
invite the above mentioned developers to submit detailed proposals to the town based.
on the process and schedule provided in the staff memorandum. Council was also
requested to provide input on changes or modifications it would like to see in the
proposed process provided in the staff memorandum. Logan said both development
groups appeared to be professional and quite competent. He asked for the parking
structure parcel to be appraised and an explanation on development rights for the
property. He expressed particular concern over the feasibility of the timeliness of parking
structure redevelopment and subsequent transportation impacts. He then asked for a
formal recommendation from the parking task force regarding long-term parking needs.
Gordon asked for an independent construction feasibility analysis. Foley noted the public
benefits that could be derived from the project. Moffet explained Vail taxpayers would
benefit simply by not having to "foot the bill" for maintenance on an obsolete parking
structure. Moffet moved to invite the two above mentioned developers to submit detailed
proposals to the town and to direct staff to provide an independent property appraisal of
the parcel with Gordon seconding. Hitt explained the project would have benefits for the
community, although, "I don't want to slow it down...) want more information before we
start spending these folks' money...) need to know the value of property and have a
better explanation of the possible ownership scenarios." He also encouraged waiting for
the housing rational nexus study. PEC Member Bill Jewitt expressed concern that to
start in the spring of 2008 would require having "everything fall into place perfectly." He
then stressed the importance of community involvement. DRB Member Margaret
Rogers said she was impressed by the proposals and the town could only benefit by
inviting both groups back. During the public comment period, Bob Armour asked
Council to schedule an evening presentation so as to better inform the public of the
proposed project and process. Zemler recommended having the two applicants hold
public presentations. The motion passed 4-2, with Foley and Hitt opposed.
The fifth item on the agenda was an appeal of the Town of Vail PEC's approval, with
conditions, of a major exterior alteration, pursuant to Section 12-7H-7, Major Exterior
Alterations or Modifications, Vail Town Code, to allow for the renovation of the Lion
Square Lodge North, located at 660 West LionsHead Place/Lot 8, Block 1, Vail
LionsHead Filing 3 (PEC06-0019). Town Attorney Matt Mire explained Council would be
asked to uphold, overturn, or modify the PEC's approval, with conditions, of a major
exterior alteration, pursuant to Section 12-7H-7, Major Exterior Alterations or
Modifications, Vail Town Code, to allow for the renovation of the Lion Square Lodge
North, located at 660 West LionsHead Place/Lot 8, Block 1, Vail LionsHead Filing 3.
Planner Bill Gibson then explained on June 26, 2006, the PEC approved, with
conditions, a final review of a major exterior alteration, pursuant to Section 12-7H-7,
Major Exterior Alterations or Modifications, Vail Town Code, to allow for the renovation of
the Lion Square Lodge North, located at 660 West LionsHead Place/Lot 8, Block 1, Vail
LionsHead Filing 3. The Vail Town Council "called-up" this PEC action at its July 11,
2006, hearing. Additionally, the Montaneros Condominium Association, Inc. filed an
appeal of this PEC action. Representing the Montenaros Homeowners Association, Alex
Preiser said the Association did not believe the proposed redevelopment met provisions
laid out in the LionsHead Master Plan. He believed the proposal extended an already
non-conforming use. Preiser also said he was concerned over a lack of easements as
the properties were adjacent and construction would require staging on Montenaros
property. "We looked to be part of the planning process although felt that our concerns
fell on deaf ears." Montaneros property owner Scott Wojakowski said he feared his
property's monetary value would be negatively impacted. Montenaros property owner
John- Hogan said he supported the remodeling of the LionsHead North although
disagreed with the proposed 82 foot tower. "That directly affects 12 to 15 Montenaros
condominiums." Representing the developer and homeowners association, David Viele
presented a computer generated model of the project and explained why he believed the
proposal met LionsHead Master Plan guidelines. He then explained whin the
Montenaros Building was renovated they did not have to obtain legal easements. Preiser
argued the two buildings evolved as part of a common development plan and the
proposal did not show that. "The spirit of the original setbacks is not being met." He then
explained his Association did not have time to adequately address the proposal's
drawings. Antlers Lodge (adjacent property) Manager Rob Levine supported the
proposal and said he believed it meets the intent and purpose of the LionsHead Master
Plan. Foley said he was apprehensive of the project as it would adversely impact
Montenaros property owners. Moffat moved to uphold the PEG decision with Newbury
seconding. Montenaros property owner Chic Gleicer explained no documentation
existed regarding the placement of the existing property line (nine inches from the
Montenaros building). Gordon verified the exchange of the property was considered a
legal sale. Town Engineer Tom Kassmel described parking space size requirements
(difference between parallel and mandatory valet parking dimensions).. Foley and Slifer
expressed concern that no on-site employee housing was being provided. The motion
passed 6-1, Foley opposed.
The sixth item on the agenda was aCrossroads/Solaris request for assistance in
eliminating certain restrictive covenants of Vail Village First Filing, which may likely
prohibit the `public amenities' as approved by the Town as part of Special Development
District No. 39, Crossroads. Town Attorney Matt, Mire asked Council to discuss the
request set forth in the correspondence to the town, dated July 17, 2006, from Reed F.
Weily, Esq., regarding the town's assistance in eliminating the above-referenced
restrictive covenants, and provide staff direction on next steps. Certain restrictive
covenants of Vail Village First Filing may prohibit the public amenities as approved for
the Crossroads/Solaris redevelopment, also known as Special Development District
(SDD) 39. Accordingly, the developer has requested the town's assistance, along with
the assistance of the Vail Reinvestment Authority, to eliminate the subject restrictive
covenants. Moffat moved to direct the Director of Community Development to start the
process, as requested, by commissioning the appropriate study of the subject area and
taking any additional steps, including the preparation of an urban renewal plan for
council approval with Gordon seconding. The motion passed unanimously, 7-0.
The seventh item on the agenda was an Eagle ,River Water and Sanitation District
(ERWSD) Easement Request. ERWSD is relocating an existing sanitary sewer line from
an existing utility bridge to a Town of Vail owned tract that lies due south of the ERWSD
building along W. Forest Rd. The below ground installation will require a utility
easement. Staff recommended Council approve the utility easement as shown with the
condition that within one year of the removal of all ERWSD utilities from the existing
utility bridge, the utility bridge be removed. Newbury moved to approve the request with
Moffat seconding. The motion passed unanimously, 7-0.
The eighth item on the agenda was Ordinance No. 19, Series of 2006, an Emergency
Ordinance Repealing a Moratorium on the Submission and Processing of Building
Permits and Land Use Approvals in the Lionshead Mixed Use 1 and Lionshead Mixed
Use 2 Zone Districts which would result in the Net Loss of Accommodation Units,
Parking Spaces and Employee Housing Units. Town Attorney Matt Mire reported on
April 18, 2006 the Council adopted Ordinance No. 13, Series 2006 establishing a sixty
(60) day moratorium on the submission and processing of building permits and land use
approvals in LionsHead Mixed Use 1 and 2 zone districts. Said moratorium was
extended for an additional sixty days, via Ordinance No. 15, Series 2006. Because the
council has now effectuated relevant text amendments to the LionsHead Redevelopment
Master Plan, via Resolution No. 4, Series 2006, the moratorium is no longer necessary.
Hitt moved to approve with Foley seconding. Moffat clarified his vote was based on no
net loss on demolitions and rebuilds. The motion passed unanimously, 7-0.
The ninth item on the agenda was the second reading of Ordinance No. 6, Series 2006,
An ordinance repealing and reenacting Title 9, Chapter 1, Vail Town Code regarding
4
water quality within the Town of Vail. This ordinance provides definitions and
amendments to Title 9, Vail Town Code which, will further clarify prohibited acts and
provide for more effective enforcement by the Town to prevent injury to the Town water
supplies. Moffet moved to approve with Newbury seconding. The motion passed
unanimously, 7-0.
The tenth item on the agenda was the second reading of Ordinance No. 17, Series of
2006, an ordinance amending Section 12-21-14E, Restrictions in Specific Zones on
Excessive Slopes, Vail Town Code, pursuant to Section 12-3-7, Amendments, Vail Town
Code, to allow for an amendment to increase the amount of allowable site coverage on
lots with excessive slopes from a maximum of 15% to a maximum of 20% but limiting
site disturbance to 60% on such lots. On April 24, 2006, the PEC conducted a work
session during which staff was directed to draft changes to their suggested modified
version of the applicant's proposed text amendment. On May 8, 2006, the PEC
recommended approval of the proposed text amendment to the Vail Town Council, as
modified by staff. On July 18, 2006, the Vail Town Council approved Ordinance No. 17,
2006, as written upon first reading. Moffet moved to approve with Newbury seconding.
The motion passed unanimously, 7-0.
The eleventh item on the agenda was Resolution No. 15, Series of 2006, A Resolution
authorizing the Town Manager to enter into an Intergovernmental Agreement with
Colorado Department of Transportation (CDOT). Town Engineer Tom Kassmel asked
Council to authorize the Town Manager by resolution to enter into an Intergovernmental
Agreement with CDOT in order to complete the 2006 Roadway Maintenance Project
Frontage Road Overlay project for the amount of $330,000.00. Council approved of the
town entering into a contract .with B&B Excavating for the completion of the 2006
Roadway Maintenance Project on June 20 of this year. The project consisted of a
maintenance asphalt overlay on portions of roads in East Vail, drainage improvements
and an asphalt overlay on Arosa Dr., Davos Trail, Garmish Dr. and a portion of
Chamonix Ln. The work also included an asphalt overlay on the S. Frontage Rd. west of
the West Vail Roundabout that was approved on the condition that the Town would enter
into an IGA with CDOT for reimbursement. The project was budgeted as follows:
$642,842.08, Capital Street Maintenance Budget; $25,000.00, RETT-Trailhead
Improvements Budget; and $128,896.52, CDOT. After that approval, CDOT was able to
appropriate additional funding in the total amount of $330,000 for additional maintenance
asphalt overlays on the Frontage Roads. Council was then asked to approve a
resolution to authorize the Town Manager to enter into an Intergovernmental Agreement
with CDOT in the amount of $330,000.00 for maintenance overlays of the Frontage
Roads. The amount will be reimbursed to the Town by CDOT at the completion of the
project. Moffet moved to approve the resolution with Foley seconding. The motion
passed unanimously, 7-0.
The twelfth item on the agenda was the Town Manager's Report. Possible TOV
sponsorship of Copper Mountain Consolidated Metro District (CMCMD) for membership
in CIRSA. Moffet moved to sponsor CMCMD with Foley seconding. The motion passed
unanimously, 7-0.
Foley thanked local resident Ian Anderson for his contributions to the community as
communications director for the Vail Valley Chamber & Tourism Bureau. Anderson
recently announced plans to relocate to a new job.
The thirteenth item on the agenda was Adjournment. Moffet moved to adjourn at 9:45
p.m. with Newbury secopding. The motion passed unanimously, 7-0.
Rod Slifer, Mayor
ATTEST:
Lorelei Donaldson, Town Clerk
Minutes provided by Corey Swisher.
6
Vail Town Council Evening Meeting Minutes
Tuesday, August 15, 2006
6:00 P.M.
Vail Town Council Chambers
The regular meeting of the Vail Town Council was called to order at approximately
6:00 P.M. by Mayor Rod Slifer.
Members present: Kent Logan
Rod Slifer, Mayor
Kim Newbury
Mark Gordon
Kevin Foley
Greg Moffet
Not Present: Farrow Hitt, Mayor Pro-Tem
Staff Members: Stan Zemler, Town Manager
Matt Mire, Town Attorney
Pam Brandmeyer, Asst. Town Manager
The first item on the agenda was Citizen Participation. Tommy Neyens expressed
concern over the potential LionsHead parking structure redevelopment. "We need to
figure out alternative parking...We need to do something different than tear down the
structure we have right now."
Guiqui Hoffman, representing her sister Nicole Hoffman Ewing, read a letter expressing
displeasure over how fast the LionsHead redevelopment RFP was occurring.
"LionsHead is being redeveloped too quickly." Guiqui then questioned the speed and
necessity of the structure's redevelopment.
Kim Newbury entered the Council Chambers at 6:15 p.m.
Bob Isom asked Council to, "Come down and see how difficult it is to perform business
in LionsHead." He then asked. Council to wait until the Arrabelle was completed to begin
redevelopment on the LionsHead parking structure.
Bill Suarez, owner of Billy's Island Grill said, "We will not be in business if you take that
parking structure away from us." He then questioned the need for commercial space in
LionsHead.
Vail Chamber and Business Association President Richard TenBraak asked Council to
use due diligence prior to redeveloping the LionsHead parking structure.
Tom Ludwig, co-owner of Montauk Seafood Grill, encouraged Council to use caution in
redeveloping the LionsHead parking structure.
Rick Soberman also encouraged Council to use caution with the parking structure
1
redevelopment in LionsHead.
Packy Walker said, "It would be a travesty to this town if you tore that parking structure
(LionsHead) down."
Matt Carroll, general manager of Double Diamond Ski Shop in LionsHead, asked
Council to wait until the Arrabelle at Vail Square is completed before beginning another
project. "Give the people a chance to enjoy what we have to offer:'
Jay Lucas, LionsHead ski shop owner, urged caution approaching the LionsHead
parking structure redevelopment.
Chris Manning, Swedish Clog Cabin, asked Council to put off LionsHead parking
structure redevelopment.
Craig Arford, Vail Ski TechNail Bike Tech owner said, "I don't see why you. can't build
another parking structure in the West LionsHead area first before tearing down the
current parking structure."
The second item on the agenda was a Council "call-up" of Commission on Special
Events ("CSE"} decision to award a services contract without an advertisement, request
for proposals ("RFP") or other bid process. Town Attorney Matt Mire explained Council
was asked to uphold, uphold with conditions or reverse a decision of the CSE. On July
25, 2006, the CSE awarded a contract for $25,000 to CSE Member Stephen Connelly.
The contract was for a Special Event Guide and Application. On August. 1, 2006, and
pursuant to Section 3-6-8(a) Vail Town Code, Council called-up the decision of the CSE.
Mire asked if Council wished the. contract to be subject to an RFP. Moffet moved to do
so with Logan seconding. Gordon reiterated that development of the handbook was
important to the town. Rick Scalpello, organizer of the Vail Farmers' Market and former
CSE member said the guide would be beneficial to event promoters, subsequently
increasing town revenues. Moffet said he would have preferred documenting the intent
and purpose of the funds. "This was fundamentally a new line item." Foley said, "With
an RFP maybe we can find somebody to do it for $20,000." The motion passed 5-1,
Moffet opposed.
The third item on the agenda was the discussion of the first reading of Ordinance No.
20, Series 2006, An Ordinance Repealing and Reenacting Title 5, Chapter 9 "Vllildlife
Protection," Vail Town Code; Establishing Regulations and Standards Regarding the
Protection of Wildlife. Town Attorney Matt Mire explained, on August of 2002, and in
response to a dramatic increase in human-bear conflicts, Council adopted Ordinance
No. 19, Series 2002, which amended the Vail Town Code to include a Chapter regarding
Wildlife Protection. The stated purpose of the Wildlife Protection chapter was to "protect
and maintain wildlife in the town and surrounding areas and to minimize the risk of
dangerous interaction between humans and wildlife." On July 11, 2006, and based upon
the testimony from town staff and Bill Andree of the Colorado Division of Wildlife
(CDOW), regarding the effectiveness of the 2002 ordinance, Council directed staff to
prepare amendments to the Wildlife Protection Chapter which would more effectively
serve the purpose set forth above. On July 18, 2006, Council passed an emergency
measure which removed the warning requirement for first time offenders from. the current
Wildlife Protection regulations and also eliminated the maximum fine amounts set forth
in the Code. Accordingly, first time offenders of the current Wildlife Protection
2
regulations are now subject to the General Penalty provision of the Code (up to $999 in
fines and incarceration of up to 180 days, or both). On August 1, 2006, Council heard
testimony and evidence from town staff, members of the community, licensed waste
haulers and the Colorado Division of Wildlife. Council then provided direction to amend
the current regulations. The options below merely reflected the two desired concepts as
expressed at the Town Council Meeting of August 1, 2006.
Version # i -Would require all residents to obtain by April 15, 2007, at a minimum, a
Wildlife-Resistant Refuse Container (sturdy plastic with lid and latching mechanism). In
addition, said container when not in use must be stored in a house, garage or other
enclosure. If unable to store as such, then must have Wildlife-Proof Refuse Container
(metal), or an approved enclosure.
Version # 2 - Would require residents to obtain aWildlife-Resistant Refuse Container,
ONLY if their own container cannot be stored securely in a house, garage or other
enclosure when not in use.
Both Versions -Required the following:
• The "Dawn to Dusk" (6:00 am - 7:00 pm) regulation to be followed on a year-round
basis.
• Construction sites to have separate containers with refuse edible by wildlife emptied
at the end of each day, or Wildlife-Proof containers.
• Special Event Refuse must be emptied at the end of each day and stored in the
appropriate type of refuse container.
• Multi-family and Commercial refuse which is edible by wildlife must be stored in a
Wildlife-Proof Refuse Container (metal), or aWildlife-Resistant Enclosure.
• Intentional and unintentional feeding of wildlife is prohibited.
• Compliance period is April 15, 2007, for those requiring special containers or
enclosures.
Police Chief Dwight Henninger said earlier in the day local trash haulers reported they
were unwilling to empty metal residential refuse containers. "One-hundred-fifty-dollars is
expected to be the cost for a plastic bear resistant container." Mire clarified neither
ordinance contemplated a metal container being utilized for curbside pickup. Chris
Fitzgerald, Garmisch Drive resident, encouraged steel receptacles built by Colorado
Correctional Industries be utilized as they are affordable. Blondie Vucich asked if bagged
trash placed on the curb the day of pickup was legal. "I am requesting a good
interpretation between the legal department and the police department." (Mire stated
bagged kitchen waste can not legally be placed curbside.) Sally tackle asked for
clarification between the two ordinances and urged Council to adopt the strongest
ordinance possible. Henninger reported the dawn to dusk ordinance implemented in
2002 has been helpful in reducing calls for bear intrusions. Guy Ayrault said, "We do
have bears inside town during daylight hours...We will have more bears in town...We
have to break the pattern of the situation." Former Mayor Bob Armour stated, "I lean
toward version (ordinance) number two...l still want a measured response." Chris
Fitzgerald then said the Chamonix Chalets continue to maintain unsecured refuse
containers. Former Council Member Dick Cleveland said, "I lean toward version two for
a number of reasons...Version number two accomplishes what we want to do...A lot of
this is enforcement...) think it's time to mandate any conviction of -the bear ordinance
3
that the court be required to impose purchasing a bear proof container...That way the
people who cause the problem pay for it." He then thanked Council for their support of
the Vail Pass bike path repaving. Rick Scalpello said, "If you are serious about fixing
this problem I encourage you to take the most stringent approach." Galen Aasland
encouraged a measured approach. Bill Andree, CDOW, encouraged the most stringent
waste receptacle management efforts. "It's a matter of how long you want to have a
nuisance in your neighborhood...As we reduce the problem we are going to have some
growing pains with bears...We have created a false food source." Newbury moved to
pass version two, adding that construction sites must have wildlife proof refuse
containers. The motion died for lack of a second. Moffet then moved to adopt version
one also adding that construction sites must have wildlife proof refuse containers, with
Logan seconding. He did encourage that any fines collected should be used to offset the
cost of purchasing new waste receptacles. "We are going to cause a financial hardship
and excessive burden, but version one will more effectively modify animal behavior."
Foley suggested including a provision that removes exclusion of town receptacles from
the regulations. Public, Works Director. Greg Hall said most of the town's waste
receptacles are collected early in the morning. Town Manager Stan Zemler asked
Council for time to allow staff to analyze the impacts of the suggestion, as it would be a
potentially significant cost to the town. Bob Armour emphasized, "If you do it for the
citizenry, you should do it for the town." The motion to approve the first ordinance failed
3-3, Newbury, Foley and Gordon opposed. Gordon asked for guidelines regarding the
specifications of enclosures be provided at the next meeting. Logan asked that any
ordinance brought forward require all fines collected be used- for families with special
needs to purchase bear resistant containers. Gordon moved to table the item until
September 5, 2006, with Foley seconding. The motion carried 4-2 with Newbury and
Moffet opposed.
The fourth item on the agenda was the first reading of Ordinance No. 21, Series of
2006, An Ordinance making supplemental appropriations to the Town of Vail ..General
Fund, Capital Projects Fund, Real Estate Transfer Tax Fund, Heavy Equipment Fund,
and Dispatch Services Fund of the 2006 Budget for the Town of Vail, Colorado. Finance
Director Judy Camp clarified the supplemental budget contained updated revenue and
expenditure projections. Moffet moved to adopt the ordinance with Gordon seconding.
The motion passed unanimously, 6-0. Gordon noted the budget included additional
funding to purchase enough wind energy credits to offset the town's electric energy
usage. "We are. the largest municipality in Colorado who is exclusively using wind
power."
The fifth item on the agenda was Resolution No. 17, Series of 2006, a resolution
amending certain sections of the LionsHead Redevelopment Master Plan revising the
detailed plan recommendations for future development on the Ski Yard and Lion Square
Lodge development sites, as prescribed in Chapter 5 of the LionsHead Redevelopment
Master Plan. On August 14, 2006, the PEC held a public hearing on the proposed
amendments to the LionsHead Redevelopment Master Plan. Earlier in the day Council
visited the site and viewed potential encroachments. Planner Bill Gibson explained
according to Section 12-7H-10, Setbacks, Vail Town Code, requires a ten foot setback
from all site boundaries, unless otherwise specified in the LionsHead Redevelopment
Master Plan. The Lion Square Lodge East renovation proposal included encroachments
into the prescribed ten foot setback area adjacent to the ski yard. Therefore, the Lion
Square Lodge, in cooperation with Vail Resorts, submitted a request to amend the
detailed plan recommendations of the LionsHead Redevelopment Master Plan to allow
4
for these encroachments. The Lion Square Lodge East and Vail Resorts subsequently
requested approval of amendments to Chapter 5, detailed plan recommendations and of
the LionsHead Redevelopment Master Plan to facilitate the proposed encroachments
into the setback area adjacent to the ski yard. Moffet moved to pass the resolution with
Newbury seconding. Foley asked what the public benefits were for the "upzoning."
Gibson responded none. The motion passed 5-1 with Foley opposed.
The sixth item on the agenda was the Town Manager's Report. There was nothing to
report.
The seventh item on the agenda was Adjournment. Moffet moved to adjourn at
approximately 8:00 p.m. with Newbury seconding. The motion passed unanimously, 6-0.
Rod Slifer, Mayor
ATTEST:
Lorelei Donaldson, Town Clerk
Minutes provided by Corey Swisher.
5
MEMORANDUM
TO: Town Council
FROM: Stan Zemler, Town Manager
Judy Camp, Finance Director
DATE: August 31, 2006
SUBJECT: 2006 Supplemental Appropriation #2
On August 15, Town Council approved the first reading of Supplemental Appropriation
#2 of 2006. On Tuesday evening you will be asked to approve the second reading of
Ordinance No. 21 making supplemental appropriations and adjustments to the 2006
budget.
The following items have~been added since the first reading of the supplementa{:
Forest Health Proiect
An increase of $92,188 from the RETT Fund for the Green Hill Court Pine Beetle Project
is requested. The original budget for this project included cutting and removal of pine
beetle trees on town property with part-time project management from TOV staff. The
increase includes the cost of removing 800 trees from adjacent Forest Service property,
providing full-time management for the project for the eight weeks of cutting and
removal, and reseeding/contouring. The Forest Service will be responsible for cutting
the 800 trees on their property; the town will provide helicopter transport to the yarding
area; and the town's logger will remove them at no cost. (See attached map.) The
Forest Service will also cut and burn dead aspen trees on the town's property at no cost
to the town. This is an opportunity to remove all of the dead/infected trees in this area at
one time. A detailed budget is attached (page 1).
Timber Ridge Affordable Housing Corporation
The board of Timber Ridge Affordable Housing Corporation requests a loan of $200,000
from the town's existing buy-down budget for the public purpose of providing affordable
housing by remediating additional units. Currently 158 units have been remediated and
are rented. An additional 18 units are in process of remediation. Cash flow from the
project including the additional 18 units is projected to turn negative in 2009 when the
first principal payments become due on the Series A bonds. At least three employers
have indicated interest in master leasing more than the 18 units currently in the
remediation process. A sewer blockage, which was previously thought to be a more
serious problem, has been repaired in the two remaining buildings and a plan for
remediation has been discussed with a hygienist. Remediating the final buildings will
provide 24 additional units of housing and increase cash flow sufficiently to cover
existing debt. A pro forma cash flow is attached (pages 2 & 3).
LionsHead Parking Structure Request for Proposal (RFP)
$42,500 is requested from the Capital Projects Fund for the Request for Proposals
(RFP) process for the proposed LionsHead parking structure redevelopment. Additional
information on this request is provided in a separate memo from Russ Forrest.
Westhaven Drive Pedestrian Bridge
$94,620 previously included in the Capital Projects Fund budget for the Westhaven
Drive Pedestrian Bridge has been moved to the Real Estate Transfer Tax (RETT) Fund
expenditures in the attached spreadsheet. This adjustment was recommended by staff
on June 6 because this project is a pedestrian walk similar to others constructed
throughout Vail using RETT funds. The adjustment was overlooked for the first reading
of the supplemental appropriation.
The following documents are also attached in preparation for Tuesday's meeting.
2007 Budget Calendar (page 4)
Second Supplemental Appropriation Request of 2006 (page 5)
Summary of Revenue, Expenditures, and Changes in Fund Balances including the
proposed second supplemental appropriation
General Fund (page 6)
Capital Projects Fund (pages 7 - 11)
Real Estate Transfer Tax (RETT) Fund (pages 12 -15)
Heavy Equipment Fund (page 16)
Ordinance No. 21 as revised (page 17)
Greenhill Court Pine Beetle Project
Contract logger 1200 trees at $55 per tree 66,000
Helicopter flying time 1200 trees at 35 trees/hr X $3700/hr 126,857
Helicopter crew per diem $1560 + $2200 vehicles 3,760
196,617
Public relations 1,000
USFS -Phil Bowden 11,000
J.V. Crew Labor crew to cut and pile all units 15,000
Tom Talbot Project management - 8 weeks 13,000
40,000
Helicopter flying time 800 trees fom USFS-unit 2028 84,571
Contingency Reseeding/contouring 10,000
Proposed project budget 331,188
Current budget (239,000)
Request for supplemental appropriation 92,188
Supp 2 of 2006 Forest Health 1 8/31!2006
TIMBER RIDGE AFFORDABLE HOUSING CORPORATION
PRO FORMA CASH FLOW
Actual 2006 2007
Unrestricted Cash Balance 14,801 161,345 254,763
RENTAL AND OTHER MISCELLANEOUS INCOME 1,725,956 2,133,110 2,360,510
EXPENSES
Operating/Owner Expenses 915,248 725,074 655,663
Debt Service
2008 2009 2010 2011 2012 2013 2014
278,587 275,498 (57,244) (332,717) (564,537) (755,382) (878,882)
2,360,510 2,443,100 2,528,600 2,617,100 2,708,700 2,803,500 2,901,600
678,600 702,400 727,000 752,400 778,700 806,000 834,200
LOC Fees due quarterly 310,022 242,760 242,760 242,760 242,760 242,760 242,760 242,760 242,760 242,760
Remarketing Fees - George K Baum 23,781 26,530 26,530 26,530 26,530 23,275 22,738 22,681 22,625 22,563
TOV Interest
Series A -Variable Rate Interest
625,823
879,900
1,046,375
1,046,375
1,046,375
1,024,100
1,000,450
997,975
971,850
944,350
Series A -Principal 405,000 430,000 450,000 475,000 500,000 530,000
Series B Interest 90,260 82,083 74,063 65,000 55,313 46,250 36,563 25,000 12,813 -
Series B Principal 130,000 140,000 145,000 155,000 145,000 155,000 185,000 195,000 205,000
Subtotal 1,179,886 1,371,273 1,534,728 1,535,665 1,920,978 1,921,385 1,937,511 1,958,416 1,955,048 1,739,673
Reserves
Bond Reserve Fund
Replacement Reserve Fund
94,278
98,345
101,295
104,334
107,464
110,688
114,009
177,429
120,952
124,581
Rate Cap Escrow Fund 90,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000
Subtotal 184,278 143,345 146 295 149,334 152,464 155,688 159,009 162,429 165,952 169,581
Total Cash Outflow 2,279,412 2,239,692 2,336,686 2,363,599 2,775,842 2,804,073 2,848,920 2,899,545 2,927,000 2,743,454
Cash Deficit for the period (553 456) (106 582) 23 824 (3 089) (332 742) (275 473) (231 820) (190 845) (123,500) 158,147
Release of replacement reserve for 18 unit remediation 180,000
Release of excess rate cap reserve 20,000
TOV loan 700,000
Ending Unrestricted Cash Balance without Remediation 161 345 254 763 278 587 275 498 (57 244) (332 717) (564 537) (755 382) (878,882) (720,735)
REMEDIATION OF ADDITIONAL 24 UNITS
Unrestricted Cash Balance From Remediation -Beginning - 33,800 331,060 626,920 933,220 1,250,220 1,578,220 1,917,620 2,268,820
Remediation costs (200,000)
Rental starting Nov/Dec 2006 1,300 41,600 336,960 336,960 348,800 361,000 373,600 386,700 400,200 414,200
Incremental management fee
Incremental on-site staff (7,800) (31,200) (32,300) (33,400) (34,600) (35,800) (37,100) (38,400) (39,700)
Incremental costs water (6,600) (6,800) (7,000) (7,200) (7,500) (7,800) (8,100) (8,400)
Incremental trash (1 900) (2 000) (2 100) (2 200) (2 300) {2,400) (2,500) (2,600)
Cash cost/Generated from Remediation (166,200) 297,260 295,860 306,300 317,000 328,000 339,400 351,200 363,500
Remediation funding requested from buy-down program 200,000
Unrestricted Cash Balance from 12 Units After Funding -Ending 33,800 331,060 626,920 933,220 1,250,220 1,578,220 1,917,620 2,268,820 2,632,320
Ending unrestricted cash balance including 12 additional units rem ediated 288,563 609,647 902,418 875,976 917,503 1,013,684 1,162,238 1,389,936 1,911,585
Assumes 3% - 3.5% annual increases in costs
Assumes rate cap escrow funds are sufficient to maintain 5.5% rate cap
Assumes maintenance reserve funds are sufficent to met any major repave requirements in the future
Excess fund balance could be used to restructure debt and/or prepay loan principal if project is not redeveloped.
F:\FINANCE\TRAHC\TRAHC Rate Cap Analysis 060905 2 8/31/2006
TIMBER RIDGE AFFORDABLE HOUSING CORPORATIC
PRO FORMA CASH FLOW
2015 2016 2017 2018 2019 2020
Unrestricted Cash Balance (720,735) (494,707) (215,404) 109,928 489,426 921,049
RENTAL AND OTHER MISCELLANEOUS INCOME 3,003,200 3,108,300 3,217,100 3,329,700 3,446,200 3,566,800
EXPENSES
Operating/Owner Expenses 863,400 893,600 924,900 957,300 990,800 1,025,500
Debt Service
LOC Fees due quarterly 242,760 242,760 242,760 242,760 242,760 242,760
Remarketing Fees - George K Baum 22,494 22,419 22,350 22,275 22,194 22,113
TOV Interest -
Series A -Variable Rate Interest 915,200 908,050 900,625 892,650 884,400 875,875
Series A -Principal 560,000 585,000 620,000 650,000 685,000 725,000
Series BInterest - - - - - -
Series B Principal
Subtotal 1,740,454 1,758,229 1,785,735 1,807,685 .1,834,354 1,865,748
Reserves
Bond Reserve Fund
Replacement Reserve Fund 128,318 132,168 136,133 140,217 144,424 148,757
Rate Cap Escrow Fund 45,000 45,000 45,000 45,000 45,000 45,000
Subtotal 173,318 177,168 181,133 185,217 189,424 193,757
Total Cash Outflow 2,777,172 2,828,997 2,891,768 2,950,202 3,014,578 3,085,005
Cash Deficit for the period 226,028 279,303 325,332 379,498 431,622 481,796
Release of replacement reserve for 18 unit remediation
Release of excess rate cap reserve
TOV loan
Ending Unrestricted Cash Balance without Remediation (494 707) (215404) 109 928 489,426 921,049 1,402,844
REMEDIATION OF ADDITIONAL 24 UNITS
Unrestricted Cash Balance From Remediation -Beginning 2,632,320 3,008,520 3,397,920 3,800,920 4,218,120 4,649,920
Remediation costs
Rental starting Nov/Dec 2006 428,700 443,700 459,200 475,300 491,900 509,100
Incremental management fee
Incremental on-site staff (41,100) (42,500) (44,000) (45,500) (47,100) (48,700)
Incremental costs water (8,700) (9,000) (9,300) (9,600) (9,900) (10,200)
Incremental trash (2 700) (2 800) (2,900) (3,000) (3,100) (3,200)
Cash cosUGenerated from Remediation 376,200 389,400 403,000 417,200 431,800 447,000
Remediation funding requested from buy-down program
Unrestricted Cash Balance from 12 Units After Funding - E 3,008,520 3,397,920 3,800,920 4,218,120 4,649,920 5,096,920
Ending unrestricted cash balance including 12 additional i 2,513,813 3 182 516 3,910 848 4,707,546 5,570,969 6,499,764
Assumes 3% - 3.5% annual increases in costs
Assumes rate cap escrow funds are sufficient to maintain
Assumes maintenance reserve funds are sufficent to met ;
Excess fund balance could be used tc restructure debt anc
F:\FINANCE\TRAHC\TRAHC Rate Cap Analysis 060905 3 8131/2006
Town of Vail
Proposed 2007 Budget Timetable
Contributions
Council criteria discussion 05/02/06 Completed
Out of cycle funding requests (if needed) 06/06/06 Completed
Deadline for return of Contribution packets 07/28/06 Completed
Budget Guidelines
Council discussion of budget timetable 05/02/06 Completed
Council discussion of budget philosophies 06/20/06 Completed
Guidelines distributed to department heads 06/22/06 Completed
Presentation of 2005 audit report to Council 06/06/06 Completed
2006/2007 parking task force meeting TBD
Capital budget request for county funds submitted TBD
Staff prepares departmental budgets 06/30/06 to 08/04/06 Completed
Council discussion of major revenue items 08/01/06 Completed
Town Manager reviews departmental budgets 08/14/06 to 09/01/06 Completed.
Council discussion of Capital plan 09/19/06
Council discussion of RETT plan 09/19/06
Council review of Vail Reinvestment Authority 10/03/06
Council review of first draft of Town Manager's budget 10/03/06
Council review of second draft of Town Manager's budget 10/17/06
Budget Documentation and Reporting
First reading of 2006 Supplemental Number Two 08/15/06 Completed
Second reading of 2006 Supplemental Number Two 09/05/06
First reading of 2007 budget ordinance 11/07/06
Second reading of 2007 budget ordinance 11/21/06
First reading of mil levy certification ordinance 11/21/06
First reading of 2006 Supplemental Number Three 11/21/06
Second reading of mil levy certification ordinance 12/05/06
Second reading of 2006 Supplemental Number Three 12/05/06
Mil levy certification deadline to Eagle County 12/15/06
Budget book submission (to State) 01/31/07
8/31 /2006 4
Proposed Supplemental Appropriations and Budget Adjustments #2 of 2006
Revenue Expenditure
Increase Increase
Description (Decrease) (Decrease) Reason
Capital Projects Fund
Sales Tax Revenue 1,200,000 Will exceed annual budget
Wendy's acquisition
Buy-Down Program
GPS System for Buses
Vehicle Expansion
CDOT Street Repair Reimb
CDOT Street Repair Reimb
Professional Fees -Comm Dev
Widening of W.Haven Ped Bridge
Subtotal Capital Projects Fund
RETT Projects Fund
Gore Valley Trail Ped/Skier Bridge
Widening of W.Haven Yed Bridge
Forest Health Management
Gore Creek Promenade Bridge
Subtotal RETT Projects Fund
General Fund
Out of Cycle Contributions
Electricity -Facilities Maint
Prof Fees -Comm Dev
General Liability /Auto Insurance
Seasonal Salary Expense
Benefits Expense -Fire
Equipment Repair & Maint
Election Expense
Wireless legal fees
Crossroads Legal Fee Reimb
Crossroads Legal Fee Reimb
CDOT Underage Drinking Grant
CDOT Underage Drinking Grant
Publication of Legal Notices
Charter Bus Revenue
Plan Check Fee Revenue
Prof Fees
County Tax Revenue ,
Lift Tax Revenue
Parking Revenue - V V
Parking Revenue - LH
Subtotal General Fund
Heavy Equipment Fund
General Liability /Auto Insurance
Subtotal Heavy Equipment Fund
Total All Funds
Net increase / (decrease)
26,000 Soil tests; survey work, attorney fees prior to acquisition; Misc closing costs
218,500 $200K loan to 'l'imber Ridge; $18.SK to repay account for funds used on rational nexus study
(12,500) Fund vehicle purchase for transit & parking structure
12,500 Fund vehicle purchase for transit & parking structure
330,000 CDOT IGA for Street Repair & Maint
330,000 Expense for Street Repair & Maint
42,500 Review ofLH Parking structure proposals
(94,620) Transfer to RETT
1,530,000 522,380
(42,512)
94,620 Transferred from Capital
92,188 Green Hill Court Pine Beetlz Project
170,000 Renovate bridge this fall season
- 314,296
77,810 Per council's recommendations for funding
13,000 Purchase wind power
17,000 CIA resource for anticipated plan check volume
(25,590) Accounting correction to transfer auto liability portion of G/L to Heavy Equip Fund
9,500 Restructure of Fire Dept's residenUstudent program
4,000 Restructure of Fire Dept's resident/student program
25,800 Repair of parking structure equip. normally done in-house by employee who is not available for work
13,500 Unanticipated costs for the Crossroads Election
4,500 Outside attorney fees for CenturyTel Wireless agreement
24,524. Outside attorney fees for Crossroads project reimbursed
24,524 Outside attorney fees for Crossroads project reimbursed
6,639 Recognize funds received from CDOT for Underage Drinking Grant
6,639 Expense corresponding with grant proceeds
16,500 Increased codification by Comm Dev
25,000 Exceeded annual budgeted revenue for Charter Bus services
600,000 Exceeded annual budgeted revenue for Plan Check Fees
420,000 %age paid to CIA for plan checks -based on plan fees collected
50,000 Will exceed annual budget
180,000 Will exceed annual budget
75,000 Will exceed annual budget
50,000 Will exceed annual budget
1,011,164 607,184
25,590 Accounting correction to transfer auto liability portion of G/L to Heavy Equip Fund
0 25,590
2,541,164 1,469,450
1,071,714
Version 2
Supp 2 of 2006 5 8/31 /2006 1:51 PM
Supplemental 2 of 2006
Second Reading
TOWN OF VAIL 2006 BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
GENERAL FUND
Revenue
Local Taxes:
Sales Tax
Property and Ownership
Ski Lift Tax
Franchise Fees, Penalties, and Other Taxes
Licenses & Permits
Intergovernmental Revenue
Transportation Centers
Charges for Services
Fines & Forfeitures
Earnings on Investments
Rental Revenue
Miscellaneous and Project Reimbursements
Total Revenue
Expenditures
Salaries
Benefits
Subtotal Compensation and Benefits
Contributions and Special Events
All Other Operating Expenses
Heavy Equipment Operating Charges
Heavy Equipment Replacement Charges
Dispatch Services
Total Expenditures
Revenue Over (Under) Expenditures
Transfer to Capital Projects Fund
Transfer to RETT
Transfer to Heavy Equipment Fund
Current Proposed
2006 Ammended Ammended
Budget 2006 Supp#2 2006
9,345,660 9,345,660 9,345,660
2,914,000 2,929,068 2,929,068
2,620,000 2,620,000 180,000 2,800,000
819,000 819,000 50,000 869,000
1,936,575 1,936,575 600,000 2,536,575
1,268,684 1,275,962 6,639 1,282,601
3,298,000 3,298,000 125,000 3,423,000-
- 853,832 694,582 25,OOa 719,582
195,000 195,000 195,000
150,000 150,000 150,000
765,913 770,921 770,921
261,550 291,310 24,524 315,834
24,428,214 24,326,078 1,011,163 25,337,241
11,250,569 11,312,500 9,500 11,322,000
3,928,957 3,933,526 4,000 3,937,526
15,179,526 15,246,026 13,500 15,259,526
954,650 954,650 954,650
5,650,663 5,661,663 593,684 6,255,347
.1,803,299 1,835,477 1,835,477
578,738 578,738 578,738
525,994 525,994 525,994
24,692,870 24,802,548 607,184 25,409,732
(264,656) (476,470) 403,979 (72,491)
- (2,000,000) (2,000,000)
- 9,378 9,378
Transfer to Dispatch Services Fund
Beginning Fund Balance
11,533,797 13,257,857 13,257,857
Ending Fund Balance
$ 11, 269,141 $ 10, 790, 765
$ 11,194, 744
6
2nd Supplemental of 2006
Second Reading
CAPITAL PROJECTS FUND
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
Current Proposed
Budget Ammended Ammended
2006 2006 Supp#2 2006
Revenue
Sales Tax $ 6,230,440 $ 6,230,440 $ 1,200,000 $ 7,430,440
Federal Grant Revenue 811,800 2,191,832 2,191,832
Lease Revenue 150,000 190,000 190,000
Transfer from General Fund - -
Transferfrom Dispatch - -
Project Reimbursement 27,000 27,000 330,000 357,000
Eagle County Grant Revenue 250,000 500,000 500,000
Earnings on Investments and Other 19,000 19,000 19,000
Total Revenue 7,488,240 9,158,272 1,530,000 10,688,272
Expenditures
Land Purchases
Wendy's Property - 2,000,000 26,000 2,026,000
Equipment Purchases
Document Imaging 40,000 40,000 40,000
Software & Hardware Upgrades 77,000 80,417 80,417
Software Licensing 67,000 67,000 67,000
Corn Dev Plotter 9,000 9,000 9,000
Web Page Development/Ecommerce 12,000 12,000 12,000
Eagle County CAD / RMS Project 50,000 52,260 52,260
Police Copier - -
Patrol Car Video Cameras 45,000 45,000
Fire Truck - 240,000 240,000
Fire Department Breathing Apparatus 30,000 30,000 30,000
Repower Buses 126,000 - -
Replace Buses - 2,398,942 2,398,942
GPS for Buses 375,000 375,000 (12,500) 362,500
Vehicle Expansion 32,929 12,500 45,429
Subtotal Equipment Purchases 786,000 3,382,548 - 3,382,548
Capital Maintenance
Bus Shelter Replacement 10,000 10,000 10,000
Capital Street Maintenance 1,006,940 1,270,874 330,000 1,600,874
Widening of W. Haven Dr Bridge 94,620 (94,620) -
Parking Structure Improvements 627,000. 662,875 662,875
General Facility Improvements 365,000 409,888 409,888
Environmentallmprovements 24,000 24,000 24,000
Subtotal Capital Maintenance 2,032,940 2,472,257 235,380 2,707,637
Street Reconstruction
Buildings & Improvements
Fire infrastructure improvements 500,000 770,264
770,264
Fiber Optics in Buildings 15,000 15,000 15,000
Dobson Ice Arena 7,900 7,900
Way Finding Improvements 49,984 49,984
Donovan Park Pavilion 29,634 29,634
Vail Gymnastics Center 12,000 12,000
Subtotal Bldgs /Improvements 515,000 884,782 - 884,782
7
2nd Supplemental of 2006
Second Reading
CAPITAL PROJECTS FUND
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
Streetscape Projects
West & East Meadow Drive
East Meadow Drive-Streetscape Heat
Streetscape Crossroads area
Village Streetscape
Subtotal Streetscape Projects
Housing Program
Buy-Down Program
Timber Ridge Debt Service Guarantee
Timber Ridge Loan
Timber Ridge Legal/Zoning
Subtotal Housing Program
LionsHead Redevelopment
LionsHead Improvements
Subtotal LionsHead Redevelopment
Other Improvements
LH Parking Structure RFP Process
Revise TOV Master Plans
Street Light Improvement Program
Drainage Improvements
I-70 Noise
Subtotal Other Improvements
Total Expenditures
W. Vail Station Bonds
Main Vail Renovations Bonds
W. Vail Station Debt Service
Main Vail Renovations Debt Service
Transfer for Debt Service
Transfer from General Fund
Transfer to General Fund
Total Financing
Revenue Over (Under) Expenditures
Beginning Fund Balance
Ending Fund Balance
Current Proposed
Budget Ammended Ammended
2006 2006 Supp#2 2006
900,000 907,092 907,092
965,000 965,000 965,000
1,535,300 2,996,797 2,996,797
3,400,300 4,868,889 - 4,868,889
100,000 265,000 218,500 483,500
925,000 925,000 925,000
25,000 25,000
1,025,000 1,190,000 218,500 1,408,500
200,695 200,695
- 200,695 - 200,695
42,500 42,500.00
50,000 168,282 168,282
50,000 66,877 66,877
250,000 592,209 592,209
350,000 827,368 .42,500 869,868
8,109,240 15,851,539 522,380 16,373,919
(2,236,200) (2,236,200) (2,236,200)
2,000,000 2,000,000
(2,236,200) (236,200) - (236,200)
(2,857,200) (6,929,467) 1,007,620 (5,921,847)
4,847,985 10,249,191 10,249,191
$ 1,990,785 $ 3,319;724 $ 4,327,344
2nd Supplemental of 2006
Second Reading
TOWN OF VAII 2006 BUDGET
CAPITAL PROJECTS FUND
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
Revenue
Sales Tax
Federal Grant Revenue
Lease Revenue
Project Reimbursement
Eagle County Grant Revenue
Earnings on Investments and Other
Total Revenue
Expenditures
Land Purchases
Wendy's Property
Equipment Purchases
Document Imaging
Software & Hardware Upgrades
Software Licensing
Corn Dev Plotter
Web Page DevelopmenUEcommerce
Eagle County CAD 1 RMS Project
Parking Equipment Replacement
Patrol Car Video Cameras
Fire Truck
Fire Department Breathing Apparatus
Repower Buses
Replace Buses
GPS for Buses
800 MHz radio system
Vehicle Expansion
Subtotal Equipment Purchases
Capital Maintenance
Bus Shelter Replacement
Capital Street Maintenance
Widening of W. Haven Dr Bridge
Parking Structure Improvements
General Facility Improvements
Environmental Improvements
Current Proposed
Budget Ammended Ammended
2008 2006 Supp#2 2006 2007 2008 2009 2010 Projectlnformation
$ 6,230,440 $ 6,230,440 $1,200,000 7,430,440 $ 6,671,880 $ 7,271,346 $ 7,591,198 $ 7,191,400
811,800 2,191,832 2,191,832 4,900,000 510,000 600,000
150,000 190,000 190,000 150,000 150,000 150,000 150,000
27,000 27,000 330,000 357,000 27,000
250,000 500,000 500,000
19,000 19,000 19,000 16,000 11,000 17,000 20,000
7,488,240 9,158,272 1,530,000 10,686,272 6,664,880 12,332,348 8,288,198 7,961,400
2,000,000 26,000 2,026,000
40,000 40,000 40,000
77,000 80,417 80,417
67,000 67,000 67,000
9,000 9,000 9,000
12,000 12,000 12,000
50,000 52,260 52,260
45,000 45,000
- 240,000 240,000
30,000 30,000 30,000
126,000 - -
- 2,398,942. 2,398,942
375,000 375,000 (12,500) 362,500
40;000 40,000 40,000 48,000
72,000 43,000 52,000 .78,000
20,000 12,000 12,000 2Q000
50,000 50,000 50,000 100,000
400,000
495,000 520,000
3,854,200 143,400 2,199,600
- 495,500 227,000
32,929 12,500 45,429
786,000 3,382,548 ~ 3,382,548 677,000 5,014,700 924,400 2,445,000
10,000 10,000 10,000 30,000 10,000 30,000
1,006,940 1,270,874 330,000 1,600,874 741,730 1,023,660 1,053,690
94,620 (94,620) -
627,000 662,875 662,875 705,000 485,000 480,000
365,000 409,888 409 888 280,000 610,000 755,000
24,000 24,000 24,000
Bus replacements & Intermodal site in 2008
Lease revenue from City Market & employee housing
CDOT Reimbursement for Intergovernmental Agreement on Street R&M
06, West Vail Fire Station
Add'I costs for survey work, soil tests and attorney's fees
OCE maintenance, software upgrades, contract position
Desktop OS upgrades, replacement PC's, server upgrades, AS400
Internet security & application interfaces
County wide Computer Aidetl DispatchlRecords Mgmt System
Replace pumper'06, refurbish Aerial Pumper'07,'O8 Fire truck W. Vail
Replacement of cylinderslcompressor
Not needed in 2006, buses lasting longer
To fund Gatorpurchase
Replacement of existing radios for PW, Fire, PD
Gator for parking structure enforcement
1,166,990 Street R&M related to Intemgovemmental Agreementwith CDOT
Using funds in RETT towards W Haven Dr. pedestrian bridge
540,000 Various Pking Structure Improv; O6 heat entry ramp, 07 elevator replacmnt
430 000 Various Facility Capital Improv.,'07 re-roof MV fire Station; 08 re-roof E. Vail Fire
Station,'09 re-roof Library.
Flammable storage cabinets,Mag Chloride secondary containment
9
2nd Supplemental of 2006
Second Reading
TOWN OF VAIL 2006 BUDGET
CAPITAL PROJECTS FUND
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
Subtotal Capital Maintenance
Street Reconstruction
Buildings & Improvements
Fire infrastructure improvements
Fiber Optics in Buildings
Dobson Ice Arena
Way Finding Improvements
Donovan Park Pavilion
Vail Gymnastics Center
Creekside Housing Improvements
Subtotal Bldgs 1 Improvements
Streetscape Projects
West 8 East Meadow Drive
East Meadow Drive-Streetscape Heat
Streetscape Crossroads area
Village Streetscape
Residential Reconstruct
Mill CreeklUUillowlEastVai1
Matterhorn Bridge Reconstruction
Nugget Lane Bridge Reconstruction
Subtotal Streetscape Projects
Housing Program
Buy-Down Program
Timber Ridge Debt Service Guarantee
Timber Ridge LegallZoning
Subtotal Housing Program
LionsHead Redevelopment
LionsHead Improvements
Intermodal Site
Subtotal LionsHead Redevelopment
Otherimprovements
LH Parking Structure RFP Process
Current Proposed
Budget Ammended Ammended
2006 2006 Supp#2 2008 2007 2008 2009 2010 Project information
2,032,940 2,472,257 235,380 2,707,637 1,758,730 2,128,860 2,318,890 2,138,990
500,000 770,264
15,000 15,000
7,900
49,984
29,634
12,000
515,000 684,782
2,000,000 975,000
770,264
15,000 15,000 15,000 15,000 15,000
7,900
49,984
29,634
12,000
60,000
884,782 2,015,000 990,000 15,000 75,000
900,000 907,092 807092 950,000 1,320,000
965,000 965,000 965,000 1,025,000
_ - 1,300,000
1,535,300 2,996,797 2,996,797
1,600,000
4,100,000
- _ 1,000,000
- _ 1,000,000
3,400,300 4,888,889 - 4,886,869 1,975,000 2,820,000 2,600,000 5,100,000
Masterplan CostslDesignlW.Vai1 Fire Station contingent on the abiliiy to fund
operations. Remodel of Main Vail Station
Cabling 1 Neiwork Infrastructure
Reivise TOV map wl a electronic directory, directory for merchants
Additionai blinds
Red Sandstone facility
Construct streetscape, drainage, lighting, public art, landscaping -adds maintenance
from Library to Fire Station
Per councils request on 9121104
Crossroads Streetscape
includes engineer salary; also funded by RETT
Overhaul residential streets
Ovefiaul residential streets
Overhaul residential streets
Overhaul residential streets
100,000 265,000 218,500 483,500 100,000 100,000 100,000 100,000 $200K loan to TimberRidge; $18,5K to replace funds used for rational nexus study
925,000 925,000 925,000
25,000 25,000
1,025,000. 1,215,000 218,500 1,433,500 100,000 100,000 100,000 100,000
200,695 200,695 Design costs to implement Town improvements: Construction costs for LionsHead
Redevelopment will be funded from developer contributions, TIF & other sources
3,750,000 Federal funding included in revenue
- 200,695 200,695 - 3,750,000 - -
42,500 42,500
land appraisal; financial review of proposalslcogtractors; legal review
10
2nd Supplemental of 2006
Second Reading
Revise TOV Master Plans
Street Light Improvement Program
Drainage Improvements
I-70 Noise
E. Vail Radio Tower
Subtotal Other Improvements
Total Expenditures
W. Vail Station Bonds
Main Vail Renovations Bonds
W. Vail Station Debt Service
Main Vail Renovations Debt Service
Transfer for Debt Service
Transfer From General Fund
Transfer to General fund
Total Financing
Revenue Over (Under) Expenditures
Beginning Fund Balance
Ending Fund Balance
TOWN OF VAIL 2006 BUDGET
CAPITAL PROJECTS FUND
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
Current Proposed
Budget Ammended Ammended
2006 2006 Supp#2 2006 2007 2008 2009 2010
50,000 168,282 168,282
50,000 66,877 66,877 50,000 50,000 50,000 50,000
250,000 592,209 592,209 250,000 250,000 250,000 250,000
• _ 25,000
350,000 827,368 42,500 869,868 300,000 300,000 300,000 325,000
8,109,240 15,851,539 522,380 16,373,919 6,823,730 14,903,360 6,258,090 10,182,590
- 2,000,000
- (57,213)
(2,236,200) (2,236,200)
2,000,000
(2,23s,2oo) (2,322,497)
2,000,000
925,000
(164,425) (162,450) (165,425)
(31,914) (153,828) (151,173}
(2,321,625) (2,320,363) (2,317,803)
(2,236,200) (236,200) (236,200) (379,710) (1,593,164) (2,636,641) (2,634,401)
(2,857,200) (6,929,467) 1,007,620 (5,921,847) (338,560) (4,164,178) (626,533) (4,855,591).
4,847,985 10,249,191 10,249,191 4,327,344 3,988,784 (175,394) (801,927)
$1,990,785 $ 3,319,724 $ 4,327,344 $ 3,988,784 $ (175,394) E (801,927) $ (5,657,518)
11
Project Information
Including Village, LionsHead, Wesf Vail, Strategic/Community Planning
Add new street lights and refurbish residential lighting program
Continue implementation of drainage master plan,'O6 w1Cap Streets
Certificates of Participation (GOP's) 25 year term
(COP's)15 year term
To fund debt service on all Town bonds
2nd Supplemental of 2006
Second Reading
TOWN OF VAIL 2006 BUDGET
Real Estate Transfer Tax Fund
Five-Year Summary of Revenue and Expenditures
Current Proposed
Budget 1st Ammended Ammended
2006 supp 2006 Supp#2 2006
REVENUE
Real Estate Transfer Tax $ 6,175,000 $ 6,175,000 6,175,000
Golf Course Lease 119,435 119,435 119,435
Lottery Revenue 20,000 20,000 20,000
Project Reimbursements 202,034 202,034 202,034
Earnings on Investments and Other 56,000 500 56,500 56,500
Transfer from GF 9,378 9,378 9,378
Recreation Amenity Fees 125,000 125,000 .125,000
Total Revenue 6,495,435 211,912 6,707,347 - 6,707,347
EXPENDITURES
Annual Maintenance
RETT Collection Costs 308,750 308,750 308,750
Recreation Master Planning w/ VRD 60,000 60,000 60,000
Rec. Path Capital Maintenance 140,000 {28,000) 112,000 112,000
Alpine Garden Support 80,000 80,000 80,000
Tree Maintenance 33,000 39,651 72,651 72,651
Forest Health Management 250,000 250,OOQ 92,188 342,.188
Street Furniture Replacement 25,000 30,491 55,491 55,491
Black Gore Creek Sand Mitigation 100,000 100,000 100,000
Bear Proof Containers 19,500 19,500 19,500
Park, Path & Landscape Maintenance 1,213,768 1,213,768 1,213,768
Subtotal Maintenance 2,150,518 121,642 2,272,160 92,188 2,364,348
Recreation Path/Trail Development
Katsos Ranch 500,000 500,000 500,000
Cascade Skier Biridge 102,512 102,512 (42,512) 60,000
Cascade Bike Path 313,984 313,984 313,984
Widening of W.Haven Pedestrian bridge 94,620 94,620
Trailhead Development 20,000 4,392 24,392 24,392
N. Frontage Rd. (School to Roundabout) - -
Village Streetscape Design & Implement 1,250,000 1,250,000 1,250,000
Meadow Drive 1,025,000 17,027 1,042,027 1,042,027
Subtotal Pathways 2,795,000 437,915 3,232,915 52,108 3,285,023
Capital Maintenance
ADA Compliance w/VRD 50,000 70,000 120,000 120,000
Raw Water Project - 27,557 .27,557 27,557
Stream Tract Incursion Survey 34,881 34,881 34,881
Pirate Ship Park -Per Safety Plan - -
Big Horn Park -Per Safety Plan 218,997 218,997 218,997
Retrofit Park Restrooms-3 seasons 200,000 200,000 200,000
Park Capital Maintenance 95,000 95,000 95,000
Public Art 75,000 186,578 261,578 261,578
Sibert Circle 620,706 620,706 620,706
Subtotal Capital Maintenance 420,000 1,158,719 1,578,719 - 1,578,719
Park Development
Donovan Park 49,050 49,050 49,050
White Water Park 118,317 118,317 118,317
12
Znd Supplemental of 2006
Second Reading
TOWN OF VAIL 2006 BUDGET
Real Estate Transfer Tax Fund
Five-Year Summary of Revenue and Expenditures
Current Proposed
Budget 1st Ammended Ammended
2006 _ supp 2006 Supp#2 2006
Gore Creek Promenade Bridge 125,000 125,000 170,000 295,000
Skate Park 300,000 100,000 400,000 400,000
Vail Memorial Park 50,000 50,000 50,000
Subtotal Park Development 593,317 149,050 742,367 170,000 912,367
Open Lands
Open Space Acquisition 300,000 493,447 793,447 793,447
Subtotal Open Lands 300,000 493,447 793,447 - 793,447
Project Management
Parks and Landscaping -
gipp 58,732 58,732 58,732
Subtotal Project Management 58,732 - 58,732 - 58,732
Total Expenditures 6,317,567 2,360,773 8,678,340 314,296 8,992,636
Revenue Over (Under) Expenditures 177,868 (1,970,993) (314,296) (2,285,289)
Beginning Fund Balance 4,689,040. 7,483,505 7,483,505
Ending Fund Balance $ 4,866,908 $ 5,512,512 5,198,216
13
2nd Supplemental of 2006
Second Reading
REVENUE
Real Estate Transfer Tax
Federal Grant
Golf Course Lease
Lottery Revenue
Project Reimbursements
Earnings on Investments and Other
Transfer from GF
Recreation Amenity Fees
Total Revenue
EXPENDITURES
Annual Maintenance
RETT Collection Costs
Recreation Master Planning wl VRD
Rec. Path Capital Maintenance
Alpine Garden Support
Tree Maintenance
Forest Health Management
Street Furniture Replacement
Black Gore Creek Sand Mitigation
Bear Proof Containers
Park, Path & Landscape Maintenance
Subtotal Maintenance
Recreation PathlTrail Development
Katsos Ranch
Cascade Skier Biridge
Cascade Bike Path
Widening of W. Haven Dr. Bridge
TimberRidge-Buffehr Crk Rd seperation
LionsHead to Meadow Bridge
Streamwalk DA & Safety Improvemetns
Trailhead Development
Village Streetscape Design & Implement
Streetscape for Crossroads area
Meadow Drive
Frontage Road Bike Trail
Subtotal Pathways
Capital Maintenance
ADA Compliance wl VRD
TOWN OF VAII 2006 BUDGET
Real Estate Transfer Tax Fund
Five-Year Summary of Revenue and Expenditures
Current Proposed
Budget Ammended Ammended
2006 2006 Supp#2 2006 2007 2008 2009 2010 Projectlnformation
175
000
$ 6 $ 6,175,000 6,175,000 $ 8,754,000 $ 6,685,000 $ 6,120,000 $ 6,430,000
,
, _ - 150,000 Grant award for TimberRidge-Buffehr Crk road seperation
119,435 119,435 119,435 123,018 126,708 130,509 133,800
20
000 20,000 za,ooo 20,000 20,000 20,000 20,000
, 202,034 202,034 VRD ADA compliance A Greenplay, Cascade Village, Holy Cross
000
56 56,500 56,500 57,000 65,000 75,000 77,300
, 9 378 9,378 For Manhole cover sales profits in 2005
125,000 125,000 125,000 125,000 25,000 25,000 25,000
6.495.435 6,707,347 6,707,347 9,229,018 6,921,708 6,370,509 6,666,100
308,750. 308,750 308,750 437,700 334,250 306,000 270,400
60,000 60,000
140,000 112,000 112,000 144,200 148,526 152,982 157,571
80,000 80,000 80,000 54,080 56,243 58,493 58,493
33,000 72,651 72,651 87,000 60,000 60,000 65,000
250,000 250,000 92,188 342,188. 250,000 250,000 250,000 250,000
25,000 55,491 55,491 25,000 25,000 25,000 30,000
100,000 100,000 100,000 100,000 100,000 100,000 '100,000
19,500 19,500
1,213,768 1,213,768 1,213,768 1,260,802 1,253,900 1,360,453 1,401,267
2,150,518 2,272,160 92,188 2,364,348 2,358,782 2,217,919 2,312,926 2,332,731
500,000 500,000 500,000
102,512 (42,512) 60,000
313,984 313,984
94,620 94,620
20,000 24,392 24,392
1,250,000 1,250,000 1,250,000
500,000
450,000
135,000
150,000
2a,oao 20,000 2o,oao
Collection fee remitted to the General Fund
Recreation master planning with VRD contract with Greenplay
Capital maintenance of the town's rec. path system
O6 Interpretive stationslpavers
Tree health within the town; spraying, removing, new trees
Pine beetle mitigation in conjunction wl forest service
Additions and replacement of street furniture
In TOV parks
Ongoing path, park and open space maintenance, project mgr
Resurface rec path from Sunburst to E. Vail
Adjustment to skier bridge reconstruction per June 6th Council Meeting
Widen recreation path from W. Haven to tennis courts
- Improve trailheads
- 1,300,000
1,025,000 1,042,027 1,042,027 800,000 1,080,000
_ - 850,000 450,000 577,500
2,795,000 3,232,915 52,108 3,285,023 2,620,000 3,000,000 155,000 577,500
50,000 120;000
120,000 50,000
If not needed, may need to use for another area's streetscape
Construct widened 6' shoulders along all frontage roads; first priority is Blue
Cow Chute to East Vail
Shared costs with VRD -recreational facilities
14
2nd Supplemental of 2006
Second Reading
Dobson Roof Replacement
Raw Water Project
Stream Tract Incursion Survey
Big Hom Park -Per Safety Plan
Red Sandstone Park -Per Safety Plan
Ford Park Safety Improvements
Retrofit Park Restrooms-3 seasons
Park Capital Maintenance
Landscape Medians
Public Art
Sibert Circle
Subtotal Capitat Maintenance
Park. Development
Donovan Park
White Water Park
Gore Creek Promenade Bridge
LionsHead Park
Booth Creek Park Redevelopment
Public Restrooms
Skate Park
Vail Memorial Park
Ford Park Master Plan-Improvements
Subtotal Park Development
Open Lands
Open Space Acquisition
Subtotal Open lands
Project Management
AIPP
Subtotal Project Management
Total Expenditures
Revenue Over (Under) Expenditures
Beginning Fund Balance
Ending Fund Balance
TOWN OF VAIL 2006 BUDGET
Real Estate Transfer Tax Fund
Five-Year Summary of Revenue and Expenditures
Current Proposed
Budget Ammended Ammended
2006 2008 Supp#Z 2008 2007 2008 2009 2010 Projectlnfonnation
_ - 300,000 -
- 27,557 ; 27,557 - Convert parks from treated water to raw water
34,881 34,881
218,997 218,997
- - 200,000
200,000 200,000 200,000
95,000 95,000 95,000. 100,000 105,000
100,000
110,000. 115,000 To maintain playgrounds, restrooms, etc.
- - 570,000
75,000 261,578 261,578 75,000 75,000 75,000 80,000
620,706 620,706
420,000 1,578,719 - 958,013 995,000 180,000 485,000 295,000
49,050 49,050
118,317 118,317 118,317
125,000 125,000 170,000 295,000
_ 100,000 690,000
_ - 250,000
_ - 420,000
300,000 400,000 400,000
50,000 50,000 50,000
_ 1,000,000 1,000,000 1,000,000
593,317 742,367 170,000 912,367 1,770,000 1,690,000 1,000,000 -
300,000 793,447 793,447 - - - -
300,000 793,447 - 793,447 - -
Funds 3rd hole at Whitewater Park
Estimate of construction costs increased
Reconstruct park
W. Meadow Drive & Vail Road
Per councils request 10119104
Part of council's contributions
Resulting from Recreation Master plan (parking, recreation buildings)
58,732 58,732 58,732 60,356 62,167 64,032 65,953 AIPP salary and operating expenses related to RETT
58,732 58,732 - 58,732 .60,356 62,167 64,032 65,953
6,317,567 8;678,340 314,296 8,992,636 1,804,138 7,160,086 4,016,960 3,271,164
177,868 (1,970,993) (314,296) (2,285,289) 1,424,880
4,689,040 7,483,505
7,483,505 5,198,216
{238,378) 2,353,550
6,623,095 6,384,718
3,414,916
8,738,268
$ 4,866,908 $ 5,512,512 5,198,216 $ 6,623,095 $ 6,384,716 $ 8,738,268 $ 12,153,164
15
2nd Supplemental of 2006
Second Reading
TOWN OF VAIL 2006 BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
HEAVY EQUIPMENT FUND
Amended Proposed
Revenue
Town of Vail Interagency Charge
Insurance Reimbursements & Other
Earnings on Investments
Equipment Sales and Trade-ins
Total Revenue
Expenditures
Salaries & Benefits
Operating, Maintenance & Contracts
Capital Outlay
Total Expenditures
Revenue Over (Under) Expenditures
Beginning Fund Balance
Ending Fund Balance
2006 2006 Ammended
Budget Budget Supp#2 2006
2,452,651 2,484,829 2;484,829
37,900 37,900 37,900
8,000 8,000 8,000
49,330 49,330 49,330
2,547,881 2,580,059 - 2,580,059
878,289 878,289 878,289
937,100 969,278 25,590 994,868
384,171 384,171 384,171
2,199,560 .2,231,738 25,590 2,257,328
348,321 348,321 (25,590) 322,731
802,191 1,007,418 1,007,418
$ 1,150,512 $ 1,355,739 $ (25,590) $ 1,330,149
16
ORDINANCE N0.21
SERIES OF 2006
AN ORDINANCE MAKING SUPPLEMENTAL APPROPRIATIONS TO THE TOWN OF VAIL
GENERAL FUND, CAPITAL PROJECTS FUND, REAL ESTATE TRANSFER TAX FUND, AND
HEAVY EQUIPMENT FUND OF THE 2006 BUDGET FOR THE TOWN OF VAIL, COLORADO;
AND AUTHORIZING THE EXPENDITURES OF SAID APPROPRIATIONS AS SET FORTH
HEREIN; AND SETTING FORTH DETAILS IN REGARD THERETO.
WHEREAS, contingencies have arisen during the fiscal year 2006 which could not have
been reasonably foreseen or anticipated by the Town Council at the time it enacted Ordinance No.
22, Series of 2005, adopting the 2006 Budget and Financial Plan for the Town of Vail, Colorado;
and,
WHEREAS, the Town Manager has certified to the Town Council that sufficient funds are
available to discharge the appropriations referred to herein, not otherwise reflected in the Budget, in
accordance with Section 9.10(a) of the Charter of the Town of Vail; and,
WHEREAS, in order to accomplish the foregoing, the Town Council finds that it should make
certain supplemental appropriations and budget adjustments as set forth herein.
NOW, THEREFORE, BE IT ORDAINED, BY THE TOWN COUNCIL OF THE TOWN OF
VAIL, COLORADO that:
1. Pursuant to Section 9.10(a) of the Charter of the Town of Vail, Colorado, the Town
Council hereby makes the following supplemental appropriations and budget adjustments for the
2006 Budget and Financial Plan for the Town of Vail, Colorado,. and authorizes the expenditure or
(reduction) of said appropriations as follows:
General Fund 607,184
Capital Projects Fund $ 522,380
Real Estate Transfer Tax Fund 314,296
Heavy Equipment Fund 25.590
Total $ 1,469,450
2. If any part, section, subsection, sentence, clause or phrase of this ordinance is for any
reason held to be invalid, such decision shall not affect the validity of the remaining portions of this
ordinance; and the Town Council hereby declares it would have passed this ordinance, and each
- 17-
Ordinance No. 21, Series of 2006
part, section, subsection, sentence, clause or phrase thereof, regardless of the fact that any one or
more parts, sections, subsections, sentences, clauses or phrases be declared invalid.
3. The Town Council hereby finds, determines, and declares that this ordinance is
necessary and proper for the health, safety, and welfare of the Town of Vail and the inhabitants
thereof.
4. The repeal or the repeal and reenactment of any provision of the Municipal Code of
the Town of Vail as provided in this ordinance shall not affect any right which has accrued, any duty
imposed, any violation that occurred prior to the effective date hereof, any prosecution commenced,
nor any other action or proceedings as commenced under or by virtue of the provision repealed or
repealed and reenacted. The repeal of any provision hereby shall not revive any provision or any
ordinance previously repealed or superseded unless expressly stated herein.
5. All bylaws, orders, resolutions, and ordinances, or parts thereof, inconsistent herewith
are repealed to the extent only of such inconsistency. This repealer shall not be construed to revise
any bylaw, order, resolution, or ordinance, or part thereof, theretofore repealed.
INTRODUCED, READ, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON
FIRST READING this 15th day of August, 2006, and a public hearing shall be held on this
Ordinance on the 5th day of September, 2006, at the regular meeting of the Town Council of the
Town of Vail, Colorado, in the Municipal Building of the town.
Rod Slifer, Mayor
ATTEST:
Lorelei Donaldson, Town Clerk
INTRODUCED, READ, ADOPTED AND ENACTED ON SECOND READING AND ORDERED
PUBLISHED IN FULL this 5th day of September, 2006
Rod Slifer, Mayor
ATTEST:
Lorelei Donaldson, Town Clerk
-18-
Ordinance No. 21, Series of 2006
ORDINANCE N0.23
SERIES 2006
AN ORDINANCE SUBMITTING A PROPOSED AMENDMENT TO THE TOWN OF VAIL
HOME RULE CHARTER TO THE VOTERS OF THE TOWN PURSUANT TO COLORADO
REVISED STATUTES, SECTION 31-2-210 AND DECLARING AN EMERGENCY.
WHEREAS, Section 31-2-210 of the Colorado Revised Statutes authorizes the
governing body of a Colorado home rule municipality to submit proposed Home Rule Charter
amendments to the voters of such municipality by ordinance; and
WHEREAS, the Town of Vail (the `Town"} Town Council (the "Council") wishes to refer a
measure amending Subsection 3.2 of the Town Home Rule Charter concerning terms of Council
members at the November 2006 regular municipal election; and
WHEREAS, to be included on the November 2006 ballot, the ballot title for such
measure must be established by September 8, 2006; and
WHEREAS, the Council therefore desires to refer the ballot measure and set the ballot
title concerning the amendment of Home Rule Charter Subsection 3.2 by this emergency
ordinance.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF
VAIL, COLORADO:
Section 1. The following proposed amendment to Section 3.2 of the Town of Vail Home
Rule Charter is hereby submitted to the voters of the Town for their consideration at the Vail
regular municipal election to be conducted on November 7,2006:
Section 3.2 Terms of Office.
In the regular municipal election to be held in 2007, the four (4) candidates receiving the highest
number of votes shall be elected. to four-year terms, and the candidate receiving the fifth highest
number of votes shall be .elected to a two year term. Commencing with the regular municipal
election to be held in 2009, €Fhe terms of office for all council members seeesilr shall be four
(4) years. A term of office shall begin when the council member is sworn in at the first Town
Council meeting after each regular Town election.
Section 2. Ballot Title: The ballot title for the Charter Amendment referred to the voters by
this Ordinance shall read as follows *[Note: alternative language is provided on the attachment
"A" contained in the council packets]:
Ordinance 23, Series 2006
Shall Section 3.2 of the Town of Vail Charter be amended so that all council members are
elected to four-year terms by the year 2009?
YES ,
NO
Section 3. Severabilitv. If any provision of this Ordinance is found by a court of competent
jurisdiction to be invalid, the remaining provisions of this Ordinance will remain valid, it being the
intent of the Town of Vail that the provisions of this Ordinance are severable.
Section 4. Repealer. All ordinances or resolutions, or parts thereof, in conflict with this
Ordinance are hereby repealed, provided that such repealer shall not repeal the repealer
clauses of such ordinance nor revive any ordinance thereby.
Section 5. Emergency Measure. Based upon all of the foregoing, the Council finds and
declares that there is reasonable justification for the adoption of this Ordinance as an
emergency measure, that this Ordinance is necessary for the immediate preservation of the
public welfare, and that this Ordinance shall therefore take effect immediately upon adoption as
provided by Section 4.11 of the Vail Home Rule Charter.
INTRODUCED, READ, PASSED, ADOPTED AS AN EMERGENCY MEASURE BY THE
UNANIMOUS VOTE OF COUNCIL MEMBERS PRESENT OR A VOTE OF FIVE (5) COUNCIL
MEMBERS, WHICHEVER IS LESS, AND ORDERED PUBLISHED THIS 5th DAY OF
SEPTEMBER, 2006.
TOWN OF VAIL, COLORADO
Rodney Slifer, Mayor
ATTEST:
Lorelei Donaldson, Town Clerk
Ordinance 23, Series 2006 2
Attachment "A"
Alternative Ballot Language
1. Shall Section 3.2 of the Town of Vail Charter be amended to provide for four-year
overlapping terms for council members, commencing in 2009, with a transition in 2007 to
maintain staggered terms?
or
2. Shall Section 3.2 of the Town of Vail Charter be amended so that the terms of all
council members are four years by the year 2009?
RESOLUTION NO. 16
SERIES OF 2006
A RESOLUTION DIRECTING ALL MEMBERS OF THE TOWN OF VAIL POLICE
DEPARTMENT TO COOPERATE WITH THE STATE AND FEDERAL OFFICIALS WITH
REGARD TO ENFORCEMENT OF STATE AND FEDERAL LAWS REGARDING
IMMIGRATION AND FURTHER DIRECTING ALL MEMBERS OF THE TOWN OF VAIL
POLICE DEPARTMENT TO COMPLY WITH THE REQUIREMENTS OF COLORADO
REVISED STATUTES (C.R.S.) § 29-29-103(2)(a); AND SETTING FORTH DETAILS IN
REGARD THERETO.
WHEREAS, the General Assembly of the State of Colorado has enacted legislation designated as
SB06-090, setting forth certain policies and regulations regarding immigration; and
WHEREAS, a portion of SB06-090 has been incorporated into the Colorado Revised Statues
(C.R.S.) as C.R.S. § 29-29-103; and
WHEREAS, § 29-29-103(2)(a), sets out certain requirements for local peace officers to comply with
concerning immigration; and
WHEREAS, C.R.S. § 29-29-103 requires the local governing body of each local government to pass
a resolution of this type, specifically directing its peace officers to cooperate with state and federal
officials with regards to enforcement of state and federal laws regarding immigration and further
directing its peace officers to comply with the provisions of C.R.S. § 29-29-103(2xa), even though a
resolution directing local police officers to comply with other duly enacted state statutes has never
been required or necessary; and
WHEREAS, the Colorado General Assembly has declared that any local government violating
C.R.S. § 29-29-103(1) or(2)(b) shall not be eligible to receive local govemmentfinancialassistance
through grants administered by the Department of Local Affairs until such time as the local
government is in compliance with C.R.S. § 29-29-103(1)(2); and
WHEREAS, the Town of Vail desires to comply with C.R.S. § 29-29-103, through the drafting and
adoption of this resolution.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO
as follows:
Resolution No. 16, Series 2006
1. All local peace officers, including, but not limited to, all members of the Town
of Vail Police Department are hereby notified in writing of their duty to cooperate
with State and Federal officia{s with regards to enforcement of state and federal
laws regarding immigration and further notify in writing of their duties to comply with
the provisions of C.R.S. § 29-29-103(2).
2. A copy of this resolution shall be given to each Vail Police Officer.
INTRODUCED, READ, APPROVED AND ADOPTED this 5th day of September, 2006.
Rodney E. Slifer,
Mayor of the Town of Vail, Colorado
ATTEST:
Lorelei Donaldson,
Town Clerk
Resolurion No. 16, Series 2006
~,vt:,u~. i.~.~b t~ ~ ~
MEMORANDUM
TO: Vail Town Council
FROM: Department of Public Works
DATE: September 5, 2006
SUBJECT: Bighorn Park Playground Renovation.
Contract Price
• Discussions with the potential contractor this afternoon resulted in a contract deduction of
$9,743 from the contractor's contingency.
• Total Contract Price: $290,000
Project Cost
• The Bid Design cost as presented this afternoon would cost $350,000
• $5,540 had been previously deducted for the Path Relocation because it would be paid from
Recreation Path Maintenance. Now that we are potentially using additional funding from
that account, the path has been added back in so that it is included in the contract amount.
Contract Amount: $ 290,000 (Playground portion of that is $ 284,460)
Play Equipment: $ 31,500
Add'I Engineering: $ 500
Contingency (5%) $ 16,000
Remaining Project Total: $ 338,000
Remaining Existing Budget: $ 217,000
Total Required Additional Funds: 121 000
Original Budget: $ 225,000
Final Project Total: 346 000
Funding Sources
Park Maintenance $ 76,500
Delays maintenance work at Staub Park to '07
Recreation Path Maintenance $ 32,000
Unused 2006 maintenance funds, would have been rolled to 2007 budget for path work.
Irrigation Control $ 12,500
Originally budgeted for Raw Water Project now funded by Eagle River Water and Sanitation
Action Requested By Council
1. Approve a Project Budget of $ 346,000. The additional $ 121,000 in funding is to be
provided from other 2006 RETT accounts.
2. Authorize the Town Manager to enter into a contract with Plumb Kendall Construction in an
amount not to exceed $ 290,000
`~ y.S.bL d~c-u. ~ h
Steve Thompson CPA, CFP
Innovative Financial Strategies
P.O. Box 630
Avon, Colorado 81620
(970)926-0818
(970)470-1407
(970)926-0812-fax
thompson@attbi.com
Services
• Comprehensive Fee Based Planning for individuals, businesses and local governments
• Tax Planning and Preparation
• Professional Money Management
• Executive Benefit and Business Succession and Exit Strategy Planning
• Estate Planning
Experience
• 25 years of financial management
o Local Governments: Town of Vail, 14 years, Finance Director, Cordillera Metro
District 1.5 years, Financial Manager, Eagle River Water & Sanitation District, 3.5
years, Controller for Several Local Special Districts
o Financial Auditing Experience 3.5 years
o Preparing Financial Projections and Financial Modeling for Local Governments
Professional
• Certified Public Accountant, 1993
• Certified Financial Planner, 2002
• General Securities License, Series 7, Uniform Securities Agent, State Law Series 63, 2003
• Advisor Representative License, Series 65, 2001
• Investment Company Products /Variable Contracts License, Series 6, 2000
• Life, Disability and Health Licenses, Colorado, 2000
Education & Industry
• Certified Financial Planning Professional Education Program,
College of Financial Planning, 2001
• Enrolled and 80% complete in Masters of Science Program,
College of Financial Planning
• Bachelor Business Administration, University of Colorado, 1981
Personal
• Colorado Native, Resident of Vail Valley, 1983
Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Registered Broker/Dealer, Member NASD/SIPC.
Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Innovative
Financial Strategies are not affiliated
September 5, 2006
Seibert Circle Renovation
Open House Narrative
Thank you for attending the Seibert Circle Open House. Presented at the open house are 5
concepts for the design of Seibert Circle. These concepts use a combination of water, fire,
stone, and landscape elements to create a central feature with year-round interest. A115
concepts will cost more than the funds which have been allocated by the Vail Town Council.
The balance of the funds needed to construct any of the concepts will need to come from
sources outside the Town of Vail. The Town Council is asking for the public to voice its
preferences for the concepts before beginning to seek additional funding.. The Vail Town
Council will discuss the concepts and public comments on September 19.2006.
Following is a description of each of the 5 alternatives. Please indicate which concept you
are referring to by either name or number when making your responses. You may make a
written comment on this sheet, one the flip chart provided, or by letter or email to...
Todd Oppenheimer
Department of Public Works
1309 Elkhorn Drive
Vail, CO 81657
t~penheimernvail~ov.com
Concept 1
Arching Water Jets
Concept 1 for Siebert Circle consists of an elliptical tiered shallow pool flush with grade. An
elliptical planter partially occupying the upper tier emits nine continuously flowing arching jets
from its bench height basin edge into the pool of the upper tier. The jets can be programmed to
ramp in height to create a morphing sculptural display of frothy water that can change throughout
the day and night.
The jets are vibrantly lit with light to create a strong night-time presence, as are the trees within
the planter.. The planter provides seating for those occupying the plaza space.
Estimated Construction Cost: $495,655
Concept 2
Fire under Fans
In Concept 2 for Siebert Circle, an elliptical basin resides at the center of the plaza. The basin
contains a shallow pool and three dry-stacked stone arches, each opening toward one of the
pedestrian sheets entering the plaza. Within these arches, three very different water and fire
elements can be displayed sometime at the same time. The arching walls differ in height, with the
largest facing toward Bridge Street, and emit a cascading fan of glassy water. At night, fire
emerges beneath the fans becoming trapped beneath the cascades and creating patterns of
swirling flames under the water.
The walls themselves can become sculptural water walls as water flows in varying degrees from
their tops and down the inner surfaces, operating individually or in conjunction with the water
and water and fire fans.
The water fans can also be turned off, allowing the fire to become plumes of orange flames rising
up from the hearth-like walls creating a seasonal, as well as daily change to the water and fire .
features display.
Two islands of low planters face the lower edge of the feature and contain small trees and low
plantings that provide shade and an intimate seating area to watch the water feature within the
plaza.
Estimated Construction Cost: $548,360
Concept 2a
Fan Cascades
In Concept 2a for Siebert Circle, an elliptical basin resides at the center of the plaza. The basin
contains a shallow pool as well as three curved dry-stacked stone walls, each facing one of the
main pedestrian streets leading into the plaza. The arching walls differ in height, with the tallest
facing Bridge Street. and each emits a cascading fan of glassy water that lands in the shallow pool
and where two lower cascades fan out further into the pool. The cascades are lit with white light
to create a bright focal point within the plaza and the water is heated to provide a winter water
presence.
Estimated Construction Cost: $416,.183
Concept 3
LeapfrogsT"' and Fire on Water
Concept 3 for Siebert Circle consists of an elliptical basin spanning the sloping grade of the plaza
so that at its lowest height, creates bench seating along the basin edge and at its highest creates a
flowing water cascade that can be viewed from Bridge Street. The level of flow can vary
according to season, from a light water texture over the stone wall surface to more of a heavily
flowing cascade. Five leaping arches of water emit at the bench edge of the basin, creating an
animated display as the glassy water leaps in a programmed choreography into the shallow pool
of the basin. Within the pool itself, three continuously flowing jets of water erupt fi•om a grating
and at night the jets themselves light on fire, producing a mesmerizing display of fire and water.
The water elements are lit with white light and the feature is heated, creating a strong water
presence throughout the seasons.
Estimated Construction Cost: $672,311.
Concept 4
Stone Cairn
Concept 4 for Siebert Circle consists of a landscaped arrangement of large mossy boulders
surrounding a raised stone seating area. Accenting the area is a stylized stone cain~ (alpine trail
marker) with ayear-round fire element contained within. Voids in the cairn surface will make the
fire visible and allow visitors to feel the warmth created by the fire. Also in the seating and
boulders are lights and water fountains which will be programmed to operate in a variety of ways
adding interest and attraction during the summer months.
Estimated Construction Cost: $499,965
Please use this space to make comments.
Thank you.
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Page 2-21 Bear-Resistant Trash Containers
7855 Lark Dr. .Parker, CO 80134
Solid Waste Systems i-800-944-7973 or 303-840-3390
www. sol idwastesystemseq pt. com
Bear-Resistant Curbside Carts and Enclosures
~'-_
Bear-resistant con-
tainer that encloses
two 32-gallon curb-
side carts
70 gallon bear-
resistant container
with rear bag drop
Photos Courtesy of Solid Waste Systems
64 gallon bear-
resistant curbside
cart with locking top
and reinforced hinge
95 gallon steel bear-
resistant cart
95 gallon bear-resistant
curbside cart with locking
top and reinforced hinge
Locking bear-resistant lid
for 50-gallon drum
Bear-resistant container
that encloses two 64-
gallon curbside carts
Bear Resistant Barrel
Top Lid
• available in 55 gallon
and 32 gallon size
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Page 3-3 Build Your Own Bear-Resistant Garbage Enclosure
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Chain link enclosure -this one would be more secure
without the gaps above the front door and near the
top. Strengths: Has roof cover to shed rain and snow.
Anchored to ground. Weaknesses: Lots of places for
claws to grab and pull. Cans visible to bears.
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Strengths: Minimal seams. Weaknesses: Hinges and
latches not heavy duty.
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without the gaps between the panels and the posts.
Strengths: Built on concrete slab, anchored to ground.
Weaknesses: Needs roof to shed snow/water. Lots of
places for bear to grab and pull. Cans visible to bears.
Wood enclosure. Strengths: Secured to ground, sturdy latch, Concrete enclosure. Cement sides and base, steel
metal flashing on roof seam. top, and seamless construction.
Weaknesses: Matching siding too flimsy. "
Photos Courtesy of: City of Juneau www.juneau.org/bears/enclosure_photos.php
Make sure that the doors fit together snugly
with no gaps that bears can get claws into.
{ ~.
Page 3-4 Build Your Own Bear-Resistant Garbage Enclosure
Wooden enclosure. Strengths: Heavy duty hinges and
latches, seamless construction and holds six plus cans.
Metal enclosure. Strengths: All steel, seamless construc-
tion. Weaknesses: Difficult to pull full cans up and out of
enclosure. Spring loaded door may open when bumped.
Wooden enclosure. Strengths: Secured to
ground and stairs. Weaknesses: Seams too big,
claws can grip, sides can be pulled off. Roof has
visible seam and may be torn off.
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with metal flashing on seams and seamless con-
struction.
Photos Courtesy of: City of Juneau www.juneau.org/bears/enclosure_photos.php
Wooden enclosure. Strengths: Secure to ground, seamless
construction, directly accessibly to refuse collection, and clip
fastening latch.
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Page 3-1 Build Your Own Bear-Resistant Garbage Enclosure
Build Your Own Bear-Resistant
Garbage Enclosure
The following information was provided courtesy of the City of Juneau. For more infor-
mation on living with bears, please visit their web site at: www.juneau.org/bears/
main. php. There are a number of very informative links on this web site in addition to
general information about living with bears.
Tips for building your own bear-resistant
aarbac~e enclosure:
If you do not have the luxury of purchasing abear-resistant trash container,
or cannot keep your garbage cans in a secure, locked shed, garage or other
fully-enclosed structure, you might consider building an enclosure for the
garbage cans. Directions are provided below.
• Use plywood that is at least 5/9" thick.
• Use 2 x 4 construction.
• Use screws instead of nails.
• Hinges and latches should be heavy duty and strong enough that they
can't be pried open by bears' claws.
• Enclosures must not have seams that bears can get their claws into.
Cover seams with metal flashing.
• Secure the enclosure so that it can't be tipped over.
• If you can get into the enclosure without using your hands-by jumping
on it, kicking it, or using your shoulders, then it isn't bear resistant!
P ~ ;
Page 3-2 Build Your Own Bear-Resistant Garbage Enclosure
518" MIN.
PLYWOOD °
~ fl
°
HEAVY DUTY HINGES AND LATCHES,
USE SCREWS, SUFFICIENTLY STRONG SUCH THAT
2 X 4 LUMBER NOT NAILS THEY CANNOT BE PRIED OPEN BY
MATERIALS FQR cLAws
CQNSTRUCTIC~N
° METAL
FLASHING
AT SEAMS
SECURE TO
EXISTING
USE SCREWS STRUCTURE,
CONSTRUCT ALL THAT ARE OR FASTEN TO
PIECES FLUSH -- CORRECT GROUND WITH
NO OVERHANGS LENGTH SO THEY `` METAL DOWELS
FOR BEARS DON'T POKE SO IT CAN'T BE
CLAWS TO GRAB THROUGH TO THE TIPPED
INSIDE
FRQNT 51DE VIEW
VIEW
_. --
USE HEAVY
DUTY HINGE
MOUNTED TO HINGE
INSIDE DETAI
PLAN VIEW coRNERs
Courtesy of: City of Juneau www.juneau.org/bears/
{
MEMO:
TO: Vail Town Council
FROM: Sybill Navas, CSE Coordinator
RE: Suggested Interview Questions for Commission on Special Events Candidates
1. Why are you interested in serving on the Commission on Special Events?
2. What particular qualifications do you bring to the position?
3. Do Special Events impact the profitability of your business, either directly or
indirectly? If yes, please explain.
4. What role do you perceive Special Events play in Vail?
5. What do you understand the CSE's mission to be and do you support it?
6. What existing events wauld you identify as most valuable to the community and
what types of events should we be attempting to attract?
7. Is it important for the community that the Town of Vail allocates tax dollars
and/or in-kind resources to support Special Events or do you think that events
should "pay their own way?"
8. With regard to seeking out new events for the community, are there types of
events you feel are "appropriate" for Vail? Are there events that you feel are
"inappropriate," and if so, what are they?
9. Under what conditions would you feel it necessary to recuse yourself from
considering an event proposal? Are there any events currently funded by the CSE
from which you would need to recuse yourself considering?
10. Do you feel that Vail has too many events, too few events or about the right
number?
11. Do you think that the CSE has done a good job of managing the calendar and
variety of Special Events and do you have any specific ideas as to how you would
improve the effectiveness of the CSE?
12. Do you feel there is a need for additional event venues within the Town? If yes,
what do you recommend.
o nc rru~. ~iat~r ~ ~ v.y~+y.V~~D/ Vd11UaIly.COm
Monday, September 4, 2006 -Page A13
STEVE GALL ~ ~~~~~ DON ROGERS
Publisher, publisherCwaildailv.com J J ••• Managing Editor, editorC v¢ildaily.com
....._.__.-_ .. .............
en o or unl noc s
The stars have aligned again, I almost
completely disagree with columnist Kaye
Ferry on something again. And you know
that's a big reason she writes regularly.
--- ~ Crossroads was so
~ ;,. obvious that we both
s . ~-. I came to the conclusion
~° .,,. _ it was better to rebuild
'~ as Solaris than not.
,. ~ ' ~ But this Lionshead
~- ~' ,.`~ parking structure thing
- I ain't aboazd with
i her hints at smalltown
...~. _ '~ conspiracies, or that
DON there's some big rush
ROGERS to redevelop it or that
__. __ _ __ _____ the town should sit
idly by when opportu-
nity knocks, Is she kidding?
Of course a private developer should
rebuild the butt-ugly garage into something
beautiful while saving Vail taxpayers a
buck or two. If you are Vail, you don't pass
up the chance to take a good hard look at
that. It's the responsible thing to do.
Kaye must feel better that I've retaken
my accustomed place at the opposite side
of the argument again. I think she's nuts.
She knows I am.
Still, I don't see how she can come to a
different conclusion than what the town is
doing. A developer expresses interest. The
town sends out letters to developers
deemed capable of taking on such a project.
Eight respond. Two present their qualifica-
tions, aletter from Vail Resorts blessing
them and some intitial ideas for developing
the parking structure by the
deadline. One is disqualified
for failing to get that letter
from VR in time.
The two have until the end
of the month to submit actual
plans for rebuilding the garage
with hotels, shops, offices, an
information center, conference
meeting space, Frontage Road
improvements and especially My
improving the parking. From
there, the calendar is wide open while the
town does its "due diligence," studying the
proposals and real-world feasibility.
That includes formally appraising the
property, an economic study, technical
analysis, financial analysis, lining up more
specifically with Vail Resorts, their
covenant in regard to public parking and,
no doubt, all sorts of investigating the ins
and outs, the pros and cons of such a lazge
undertaking for Vail.
All this also includes engaging the busi-
ness community and the general communi-
ty before the town government moves for-
ward. Don't forget the community's pen-
chant for seeking referendums on big coun-
cil decisions, either.
In short, there won't be any rush to rede-
velop the parking structure. There can't be
any rush. In Vail? When has any project not
moved at the most glacial pace that can be
imagined? This is Vail, remember. Some
folks there see a conspiracy in how you say
"hello" and sound the alarm.
Please don't tell Kaye, but I think she
was right in seeing a rush to
explore the opportunity here.
The town staff probably
should have started with
some pubic input sessions
along the lines of what they
are doing with' the "20/20"
sessions. I believe more than
200 regular folks, in additiom
to the various official stake-
VIeW holders, participated late last
month by offering their ideas
for what Vail should be like in future.
But the town staff should be praised, not
spanked, for daring to be nimble and quick
with an idea. They serve their taxpayers
well by exploring projects that can save the
town from a potentially massive expense
years down the road. Money does matter,
especially with projections of financial dif-
ficulties looming in fairly short order.
The visions offered by the two develop-
ers, if both stay in the process, will offer the
Town Council interesting choices.
The Dallas group -Open Hospitality
Partners/Hillwood Capital of Dallas -
appeazs more upscale.
East West Partners, acream-of-the-crop
mountain community developer based in
Avon, sees more need in Vail for affordable
family accommodations. Also, company
chief Harry Frampton is very careful not to
overpromise in the community where he
lives.
Kaye seems a bit enamored of the Dal-
las group's promises, and I might be a little
more swayed so far by East West's excel-
lent track record and firsthand knowledge
of this community. It would be foolish to
discount that.
The parking gazage site is difficult, and
the interim parking puzzle while the project
is built will be tricky. The Town Council
has a faz greater challenge with this project
than Crossroads, that's for sure.
I think Vail has a historic opportunity to
bring the Lionshead parking structure up to
Vail's standards and, in the long, run great-
ly help the shopping district. I hope the
town's leaders are strong enough to carry
through with one proposal or the other -
after thoroughly studying all those ins and
outs and solving the short-term problems
that will come with the construction.
The staff did exactly right pouncing on
an opportunity and inviting interested
developers to present ideas. If they stum-
bled by not including the public at first,
they should have plenty of time in the com-
ing months to get that right.
Vail sometimes seems to swarm with
Chicken Littles. They serve a great purpose
by making more considered citizens and
leaders think harder. But the sky is not real-
ly falling around the Lionshead parking
structure. Far from it.
Thanks to some nimble work by the
town staff, the stars might be perfectly
aligned for what would be a tremendous
improvement for Vail.
Managing Editor Don Rogers can be
reached at 748-2920 or editor@
vaildaily.com.
Letters
after sustaining cuts and
scratches from the animal,
pushed a bear cub out of her
house and then stood up to the
police by refusing to allow
traps to be set on her property.
One .wonders how many of
lights red at the same time is
not an option.
4. Installing much larger
signs informing drivers that
pedestrians have the right of
way. They're barely legible at
their rnrrPnt c,vn
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