The URL can be used to link to this page

Home My WebLink About2008-07-15 Support Documentation Town Council Work Session PART 1 OF 2 A ? t r ? ) VAIL TOWN COUNCIL WORK SESSION AGENDA VAIL TOWN COUNCIL CHAMBERS 75 S. Frontage Road W. Vail, CO 81657 9:00 A.M., TUESDAY, JULY 15, 2008 NOTE: Times of items are approximate, subject to change, and cannot be relied -upon to determine at what time Council will consider an item. Council will be served lunch. 1. Nina Timm ITEMITOPIC: The Town of Vail Strategic Housing Plan. (3 hrs.) ACTION REQUESTED OF COUNCIL: Provide staff and the Housing Authority with direction on the Action Steps identified in the Strategic Housing Plan. BACKGROUND RATIONALE: The Vail Town Council will be adopting an Employee Housing Strategic Plan. At the May 6, 2008, work session Town Council reconfirmed its employee housing goals. The Action Steps identified in the Strategic Plan are based on achieving those goals. STAFF RECOMMENDATION: None at this time. Break for lunch. '(30 min.) 2. Mike Ortiz ITEM/TOPIC: Site Visit. Vail Golf Course Facilities. (45 min.) 3. Warren Campbell ITEM/TOPIC: PEC/DRB Update. (5 min.) 4. Matt Mire ITEM/TOPIC: Discussion of Resolution No. 14, Series of 2008, a Resolution Approving an Intergovernmental Golf Course Lease Agreement with the Vail Park and Recreation District; and Setting Forth Details in Regard Thereto. (30 min.) ACTION REQUESTED OF AUTHORITY: Listen to presentation and provide direction. BACKGROUND: The Town and the Vail Park and Recreation District (the "VRD") entered into a golf course lease agreement on May 27, 1966. On March 4, 2008 Council authorized the Town Manager to enter into a Master Facilities Lease Agreement with the VRD expressly contingent upon the eventual approval of an intergovernmental lease agreement with the VRD for the Vail Golf Course. In connection with the discussion of the Golf course Lease there will be a presentation regarding replacement of the irrigation system and a discussion with regard to funding the necessary capital replacements, repairs and improvements (see the staff memorandum by Kathleen Halloran). 5. Kelli McDonald ITEM/TOPIC: Economic Development Strategic Plan goals. (15 min.) ACTION REQUESTED OF COUNCIL: Provide staff with input. BACKGROUND RATIONALE: These goals have been developed and approved by the Vail Economic Advisory Council. Staff is looking for input from Town Council before moving forward. STAFF RECOMMENDATION: Discuss and provide any changes or recommendations to the Economic Development Strategic Plan goals. 6. Rachel Friede ITEMITOPIC: Discussion of the first reading of Ordinance 15, Stan Hahn Series of 2008, an ordinance amending Section 10-1-2, Adopted Codes, Vail Town Code, in order to adopt the 2008 National Electrical Code, and Section 10-1-9, Electrical Code Amendments, Vail Town Code, in order to adopt amendments to the 2008 National Electrical Code. (10 min.) ACTION REQUESTED OF COUNCIL: Approve, approve with modifications, or deny Ordinance No. 15, Series of 2008 on first reading. BACKGROUND: Every three years, the administrator of the National Electrical Code (NEC), the National Fire Protection Association (NFPA) conducts a public review process to update the NEC. This year, the NFPA adopted the 2008 NEC, which will be officially'adopted by the State of Colorado on August 1, 2008. STAFF RECOMMENDATION: The Department of Community Development recommends that the Vail Town Council approve Ordinance No. 15, Series of 2008, on first reading. 7. Warren Campbell ITEM/TOPIC: Discussion of the first reading of Ordinance No. 16, Series of 2008, an ordinance to allow for the rezoning of two unplatted parcels commonly known as the "Vail Professional Building" and "Cascade Crossing" from Arterial Business district to Lionshead Mixed Use-2 district and portions of unplatted and °'. unzoned South Frontage Road West right-of-way to Lionshead Mixed Use-2 district, and setting forth details in regard thereto. (15 min.) ACTION REQUESTED OF COUNCIL: Approve, approve with modifications, or deny Ordinance No. 16, Series of 2008, on first reading. BACKGROUND RATIONALE: On October 22, 2007, the Planning and Environmental Commission voted 5-1-0 (Cleveland opposed) to forward a recommendation of approval for the rezoning of the properties known as Cascade Crossing, the Vail Professional Building, and portion of the South Frontage Road West right-of-way that would become a part of developable lots once the Frontage Road were relocated to parallel the interstate. STAFF RECOMMENDATION: The Community Development Department recommends that the Vail Town Council approves Ordinance No. 16, Series of 2008, on first reading. 8. ITEM/TOPIC: Information Update. (10 min.) A Sign Code Compliance. 9. ITEM/TOPIC: Matters from Mayor & Council. (10 min.) 10. ITEM/TOPIC: Executive Session, pursuant to: 1) C.R.S. §24-6- 402(4)(a)(b)(e) - to discuss the purchase, acquisition, lease, transfer, or sale of property interests; to receive legal advice on specific legal questions; and to determine positions, develop a strategy and instruct negotiators, Re: Lionshead Parking Structure Development proposal; 2) C.R.S. §24-6-402(4)(b) - to receive legal advice on specific legal questions Re: Update on pending litigation..(30 min.) 11. ITEM/TOPIC: Adjournment. (3:20 p.m.) NOTE UPCOMING MEETING START TIMES BELOW: (ALL TIMES ARE APPROXIMATE AND SUBJECT TO CHANGE) THE NEXT VAIL TOWN COUNCIL REGULAR WORK SESSION WILL BEGIN AT TBD, TUESDAY, AUGUST 5, 2008 IN THE VAIL TOWN COUNCIL CHAMBERS. MEMORANDUM TO: Town Council FROM: Community Development DATE: July 15, 2008 SUBJECT: Housing Strategic Plan 1. Introduction At the January 22, 2008, Town Council retreat the Town Council identified the completion and adoption of a Housing Strategic Plan by September, 2008, as an immediate goal of the Town Council., Town Staff and the Vail Local Housing Authority have been working to create a draft of a plan for Town Council to respond to. This draft is based on addressing the goals Town Council clarified at the May 6, 2008, work session. The Housing Authority has been having two work sessions per month to facilitate the timely completion of the Strategic Plan. Additionally, the Vail Economic Advisory Committee has discussed the goals for the Strategic Plan at both their May and June meetings. At this point in time, further work on the Plan requires specific direction and input from the Town Council. The dedicated work.session will provide the time to have focused discussions on the Action Steps identified in the Plan or other areas that Town Council may identify and to keep the completion on schedule. The goal of the work session is to verify that the Plan includes the appropriate action steps. A draft version of the Housing Strategic Plan is attached. Below the goals and action steps identified in the plan have been summarized. At the meeting on July 15th Staff and the Housing Authority will be prepared to walk Council through the major elements of the plan, soliciting your input on actions and priorities. II. Goals A. Keep up with new employee housing demand as it is generated. B. Catch u p with existing employee housing deficiencies. C. Require deed restricted housing to be constructed at the time the new development occurs. D. Create and maintain housing in Vail for emergency and key service workers. E. Address affordable housing to remain competitive in the regional job market. F. Conserve resources by placing housing closer to jobs. G. Provide housing commensurate with the types of jobs. H. Work regionally as those opportunities will diminish over time and 7 of every 10 employees will likely live outside the Town. III. Identified Action Steps The identified action steps in the Strategic Plan are broken into three main categories. , The , categories are Regulatory Requirements, Town Initiatives, and Regional Efforts. The action steps are generally either "keep up" or "catch up" measures. Keep up actions address the increase in demand from new employees by requiring new deed restricted housing. Catch up actions address deficiencies in the available housing inventory that have arisen over a period of years and the free market change from local employee occupied units to vacation homes. The perpetual loss of the non-deed restricted employee occupied housing stock and growing demand for new employees elsewhere in the region threatens Vail's ability to adequately provide the resort services expected by our guests and residents. Staff and the Housing Authority believe that all of the identified action steps will need to be taken in order to ensure enough employee housing to attract and retain employees in Vail. A. Regulatory Requirements a. Commercial Linkage i. Keep Up b. Inclusionary Zoning i. Keep Up c. Housing Zone District i. Keep up and Catch Up B. Town Initiatives a. Buy Down Units i. Catch Up b. EHU Exchange Program i. Keep Up c. Incentive Zoning . i. Catch Up d. Possible Rezoning and Vacant Land Analysis i. Catch Up e. Town Participation in Development(s) . i. Catch Up f. Establish a Dedicated Funding Source i. Catch Up 2 g. Monitor Use Changes in Free Market Units i. - Catch Up C. Regional Efforts a. Identify how the Town would like to participate in regional efforts i. Catch Up ii. Is it Town Council's goal to exhaust all Vail opportunities first? Or, iii. Simultaneously pursue efforts regionally while exhausting all Vail opportunities? III. Action Requested of Town Council Provide Staff and the Housing Authority with direction on the. specific Action Steps. This will allow Staff and the Housing Authority to continue developing the Strategic Plan consistent with Town Council's expectations. The Strategic Plan is intended to specify action items for a one to three-year period, while providing a broader perspective on future actions. It is the intention of the Housing Authority to work with Town Council to review the Plan annually. The adopted Strategic Housing Plan will lead the actions of Staff and the Housing Authority. 3 R IL TO-W OF VAIN Strategic F ausing `Plan "To ensure at least 30% of Vail's workforce lives within the Town of Vail" August 19, 2008 Adopted by Resolution No. _, - Series of 2008 In acknowledgement of the commitment to ensure deed-restricted housing options for at least 30% of Vail's workforce within the Town of Vail. Vail Town Council Dick Cleveland, Mayor Andy Daly, Mayor Pro-Tem Kevin Foley Mark Gordon Farrow Hitt Kim Newbury Margaret Rogers Vail Local Housing Authority Mark Ristow, Chairman Sally Jackle Steve Lindstrom Ethan Moore Kim Newbury Planning and Environmental Commission Bill Pierce, Chairman Anne Gunion Rollie Kjesbo Michael Kurz Scott Proper Susie Tjossem David Viele Local Employers Vail Resorts, Inc. Vail Valley Medical Center Town of Vail Open Hospitality Vail Cascade Hotel and Spa Vail Plaza Hotel Vail Valley Chamber Eagle County Eagle County School District RRC Associates,; Inc Chris Cares Vail Economic Advisory Council Mark Gordon Dick Cleveland Greg Moffet Rick Scapello Robin Litt Sally Hanlon . Bill Jensen Rob Levine Pam Stenmark Mark Cervantes Matt Morgan Brian Nolan Steve Kauffman Tori Franks Rayla Kundolf Bob McNicols Bob Boselli Alan Koslof M. Joseph McHugh 2 Table of Contents 1. Purpose II. Time Frame III. Goals IV. Methods V. Action Steps VI. Roles and Responsibilities 3 TOWN OF VAIL STRATEGIC HOUSING PLAN 1. PURPOSE The Town of Vail recognizes employee housing as basic infrastructure. This housing allows employees to live in the town promoting community, improving the quality of our local workforce thereby supporting the local economy, and reducing regional transit needs. The Plan seeks to provide enough deed- restricted housing for at least 30 percent of the workforce to live in the Town of Vail through policies, regulations and publicly initiated development. This Plan is a decision-making guide for the implementation of employee occupied housing programs. The Plan documents current approaches to providing employee housing. It also identifies goals and methods the Town will pursue to accomplish the identified objectives. In addition, the Appendices provide background information on Town housing definitions, policies, and initiatives. This information is provided as an additional resource. This plan also recognizes and affirms the importance of Vail constantly serving as a regional partner in the provision of employee housing. Il. THE PLANNING TIMEFRAME The Town of Vail Strategic, Housing Plan is based on a five-to-ten year planning horizon; it looks well into the future anticipating the needs for employee housing over time. The Plan also contains identified "action steps" targeted for a one to three year period. These action steps will need to be evaluated annually and it is anticipated that they will be updated at least every three years as market conditions change. Annual Review This Plan shall be reviewed annually by the Housing Authority and changes shall be periodically recommended to the Town Council. The purpose of these reviews shall be to ensure that progress on topics related to employee housing is being maintained and that adjustments in Goals, Methods and Action Steps are made in a timely and specific manner. III. GOALS A. Provi de housing to address needs generated by new development or redevelopment. It is documented and understood that new development will require additional employees and a goal of this Plan is to provide for that housing. This goal is also referred to as " Keep Up" in the Plan; going forward 4 the Town will attempt to address the 'increase in demand from new employees by requiring deed-restricted housing as a condition of new development or redevelopment. B. Respon d to the existing affordable housing shortfall by pursuing a number of identified programs and development opportunities. This goal is also referred to as "Catch Up" in the Plan; it describes efforts to address deficiencies in the available housing inventory that have arisen over a period of years. C. Call for any deed-restricted housing that is required as a condition of development to be constructed at the time new ;development occurs. By dispersing year-round housing multiple objectives are met: neighborhoods are occupied throughout the year enhancing security and encouraging activity. Economies are achieved by having developers integrate deed-restricted housing at the time they are constructing other uses, and construction of new residences occurs at the time the demand is first triggered. D. -The creation and maintenance of housing in Vail for emergency and key service workers is a particular goal of the housing program'. In Vail, where weather and the regional road system create periodic strains, this is especially important. E. Th e Town will actively address affordable housing for Vail workers to ensure that the community remains competitive in e'donomic terms. With Down- Valley jobs there will- be competition for workers; Vail will work to provide appropriate housing to ensure that the Town remains attractive in the regional job market. F. Increasing and `maintaining deed-restricted housing within the Town encourages the efficient use of resources by placing employees closer to their place of work. It is understood there is a reduced need for personal automobiles and reduced transit costs when home and work are in close proximity to one another. Also, there may be changes in workforce demographics that result in opportunities to reduce parking associated with affordable housing in selected locations. To the extent these opportunities can be realized, without negative impacts on the overall community, they will be explored. G. Planning for new employee housing will take jobs and wages into account. It is recognized that wages associated with a particular job influence housing demand. In both catch-up and keep-up programs the Town will work toward providing a range of housing types at price points appropriate to the varying incomes of workers in Vail. H. Th e Town will provide and plan for housing along with local and regional public transportation. This plan recognizes that these functions are 5 intertwined and where deed-restricted housing exists, there will be a demand for transportation services. It is the goal of the Town to minimize overall transportation_ costs by housing employees in proximity to their jobs, and to also anticipate the projected costs of transportation (due to fuel and other scarce resources) in the provision of deed-restricted housing elsewhere in the region. IV. METHODS The Town of Vail will pursue three broadly described methods to achieve the Town's housing goals. A. Regulatory Requirements will be Imposed by the Town ¦ Development will be required to address a portion of its housing demand within the Town of Vail; and , ¦ New development and redevelopment will be required to address a portion of its housing demand atthe development site. B. The Town will Initiate Development and Acquisition ¦ To address employee housing needs beyond the regulatory requirements for new development; and ¦ To respond to the desire to promote a more diverse and vibrant local community. C. Regional Partnerships; will be formed ¦ These efforts, will address, employee housing needs beyond the regulatory requirements by actively seeking partnerships, including: i. Public / Private, and ii. Multi Jurisdictional. These broad methods are further addressed in the Action Steps that are described in the following section. V. ACTION' STEPS A. The Town will continue to use tools already in place including: a. Regulatory Requirements i. The "Linkage" or Commercial Jobs Generation Program The Town will review the current linkage program to evaluate whether it has been meeting the objectives of ensuring that new housing is being created to house a portion of the employee demand that is being generated by new commercial uses in the Town. At this time, no immediate changes in the overall requirements of the program are anticipated. However, the current requirement.for new commercial development to provide employee 6 housing for at least twenty percent (20%) of the employees generated may be reevaluated and the required percentage may be changed as a result of the review, the areas of impact may be modified, and the formulas for calculating job generation rates may be further refined. The Linkage Program provides housing to "keep up" with new demand as it is generated. ii. The "Inclusionary" Program The Town does not anticipate major changes to the Inclusionary Housing program at this time. However, the current requirement to restrict 10 percent (10%) of new residential square footage in high density areas to be employee housingwith deed restrictions, may be reevaluated and the required percentage may be changed as a result of the evaluation, and/or the areas (zone, districts) of impact may be modified. The Inclusionary Program provides housing to "keep up" with new demand as it is generated. Housing District Zoning Designation The Town currently has a "Housing District" zoning designation. As an action step to implement the Housing Plan, the Town will review the requirements of this district to ensure that it is fully meeting its intended purposes. That review will address the procedural requirements for the Housing District, land use provisions including density, parking and design standards, and provisions for density bonuses. The evaluation of the Housing District will ensure the Housing District provides optimal employee housing development. b. Town Initiatives i. Buy-Downs to Generate Deed-restricted Units The Town will actively pursue purchase of attractively priced units for imposition of an appreciation capped deed restriction, and subsequent resale. This technique for increasing the supply of permanently affordable housing is known as a "buy down." It is recognized that this program will be highly market dependent, with limited applicability when the local residential market is surging, and becoming more attractive at times when there is a plateauing of prices. The Town will need to increase the allocation of funds to underwrite the costs associated with purchasing, deed restricting and reselling for-sale units. Further, it is expected that there will be active involvement by the Housing Authority in overseeing this program. The Buy-Downs program provides housing to "catch up" with existing deficiencies and reduce market leakage. 7 iii. Employee Housing Units Exchange Program The Town will conduct a review of the "dispersed housing units" that have been created under the density bonus provisions allowed by Town Code since 1982. It is estimated that XXX units were created under the existing program, typically ranging in size from 300 to 500 square feet. It is believed that many of these units are not being used to house employees as anticipated by the program. Although these units are covered by various types of deed restrictions, the requirements are not uniforM, and in many cases are not meeting the objective of providing long-term dispersed employee housing. The Town will evaluate the current program and will consider a "deed restriction exchange program" as a part of this overall effort. The program would likely permit, at the initiation of the landowner, the exchange of small rental units for a larger for- sale, price appreciation capped employee housing unit.' Guidelines for the program will be developed. It is expected that these standards will address recommended size of units, location, homeowner's fees and other aspects of the program. Such a program has been recently tried in Vail. It is believed that other dispersed employee units; not currently in`use, could be leveraged into permanently restricted units by using this technique; it could represent an important element of this overall plan. The Units Exchange Program is to increase the quality and potentially the total quantity of employee housing within the Town of Vail. Incentive Zoning and Density Bonuses The Town will consider workforce housing objectives in all review processes that permit discretion. This means that the Town will work actively with developers as a part of the Housing District, Special Development District review processes and requested changes in zoning to not only meet the requirements of existing ;code, but to look for opportunities to go beyond code requirements to encourage additional workforce housing to be created. As a part of these review processes the Town will work actively with developers to create incentives to develop housing that exceeds the minimal requirements contained in the code. Additional density may be granted - in selected locations through the appropriate review processes, and fee waivers and subsidies may be considered. The Incentives Zoning and Density Bonuses help Vail to "catch up" with existing deficiencies and add to the overall percent of employees living within the Town of Vail. 8 iv. Review Rezoning and Vacant Land Opportunities The Town will regularly review existing codes and the vacant land inventory to identify opportunities to modify current programs that further support the goals of this Plan. The Review of Rezonings and Vacant Land provides "catch up" opportunities to address existing deficiencies and add to the overall percent of employees living within the Town of Vail. v. Town Participation in Developments Providing,Deed-Restricted Housing The Town is prepared to actively participate in,. and will seek partners to further the develop ffidnt, of deed-restricted housing. Vail Commons, Middle Creek, Buzzard , Park and Miller. Ranch (located near Edwards in Eagle County) are four relatively large developments that have been completed through active Town participation. As illustrated below, tihese developments serve households at different income` ;levels. This has been, and will continue to be an objective of the Town, to serve the broad spectrum of need within the community rattier than focusing on just a narrow category of income or household type. The Town participation provides "catch .up opportunities to address existing deficiencies and ad,', to the overall percent of employees living within the Town of Vail. vi. Pursue'a Dedicated Funding Source The- Town will pursue a dedicated funding source to ensure adequate and ongoing resources for employee housing initiatives. It is recognized,the Town will play an integral role in the creation of employee housing and dedicated dollars will aid in these efforts. The Town may pursue any of the following funding alternatives: a 'dedicated sales tax increase, a dedicated mill levy increase, dedication of the Real Estate Transfer Tax or. any other funding source that may be identified. A dedicated funding source would . provide "catch up" opportunities for Vail workers. 9 Existing Buzzard Park Rent 24 Units Town Employee Miller Ranch Typically less than 120% AMI For Sale 282 Units Vail Commons, Red Sandstone, North Trail 60-120% AMI For Sale 77 Units 100% AMI 100% AMI or less $73,300 80% AMI $53,850 80-100%,AMI 100-140% AMI M,'ax Rent`.$1,82B Max Income $108,500 MazPAee,$241,432' Max Rent $2,738 $109,500 a Max Price $334,741 Middle Creek Less than 60% AMI $35 140% AMI Rent 142 Units 50% AMI 60.80% AMI Max Rent $1,346 ,500 Max Price $180,238 Over 140°b AMl . income Over 6109;600 Rent Over $2;738 X50%AMI; r Price Over $334,741 .Max Rent`5873 rr ? , 1 Max Price $124,798: 2007 Vail 1-166seholds There are several potential developments that •will, include significant numbers of deed-restricted units within the Town. All are,,-at different stages in of planning and development. These developments"bre illustrated in the charts k. below. As shown, the developments are-planried to house a combination of seasonal and.y6ar,7rdund workers;c"In addition, they are expected to come on line at different points; time, responding to market demand, but also in some cases to req iement ; imposed orf?deevelopers that are required to construct the units as a conditin, of -new development. f 10 Timber Ridge Rent 198 Units Less than 80% AMI 80% AMI $63,850 North D Lot 60-80%AMI . .. Rent 120 Seasonal Beds 60% AMI Max Rent $1,346 Less than 60% AMI $36,500 Max Price $180,238 X50% AMI;: ; Max Rent $913', Maz Price $124,79s 2007 Vail Households Ei. New development incorporating deed-restricted housing, like that constructed to date, will be designed to;-serve a range of,incomes. This consideration will be important to the planning ;of 'new r locals-serving ,developments in the Town. The present plans for positioning, 66W-developme nt. ,are illustrated in the chart below. However, it is understpod t'hot,thiere.will%be refinements to the plans for several of the--new development (Chamonix, Timber Ridge, Buzzard Park Phase II) that,may-,elter the positioning of the development within the overall marketplacd. `, The process of gradually refining the plans for development, while ens6ring4hat a road range 666comes are served by the combination of different developments, remains^,an objective of the Town. ' Estlmafes of additional units in tre "pipeline" include: For Sale Rental Seasonal Year-round Timber Ridge -.800 beds (replacement) 0 f Timber Ridge - 300 beds (new) 0 North Day Lot -140~-150 64ds [J? Chamonix - 50 - 70 units 0 Buzzard Park II - 20 - 25 mostly studio units ?x Deed buy downs -1- 3 per year 0 Water District Land/Partnerships - 20 units in Vail nx Ever Vail - Required 0 0 Ever Vail - Additional opportunities jx, 0 Q USFS land swaps (??) Q Q Q West Vail Mall 0 0 0 Key. 0 1-3 years from now 3-5 years from now ?x 5+ years from now Proposed Chamonix For Sale 70 Units 120% AMI or less 100% AMI $73,300 Ever Vail Rent 164 Beds Income Range? 100-140% AMI Max Rent $2,738 140% AMI Max Price $334,741 $109,600 Over.140%'AMI, Rent Over $2,738 Price direr $334,741.. Max Prke $241,432 80-100% AN, . Max Rent $1,825.. 11 Z 1-3 years from now Timber Ridge - 800 beds (replacement) Chamonix - 50 - 70 units West Vail North Day Lot -120 -.140 beds Deed buy downs -1- 3 per year vii. The Town will monitor the supply of free market homes occupied by local workers, and deed-restricted homes, on a regular't3asis. Conversions of free market residential units to second homeowner units will be considered in Vail's evaluation of progress toward the goals identified in this Plan. This monitoring will support both "catch up" and"keep up" efforts. c. Regional Efforts t In order to house employees associated with existing and `anticipated jobs, workforce housing will be required throughout the County as well as in the Town. Vail will work' actively with Eagle, County officials and other municipalities to look for regional solutions to proViding housing. Further, the need to provide transit,services along witit housing is also identified. When developing housing for Vail employees in Down-Valley locations, the cost of tr6risit services will be considered in evaluations. 0 3-5 years from now Buzzard Park II - 20 - 25 mostly studio units West Vail Ever Vail - Required Timber Ridge - 300 beds (new) 9 5+ years from now Water District Land/Partnerships - 20 units in Vail Ever Vail - Additional opportunities USFS land swaps (??) West Vail Mall While.furthering regional housing .,is, an objective of the' Town, it will occur in concert'wifh, efforts in Vail, and in-Town deed-restricted housing will be a , p,lority. The Town believes that there are a finite number of oppor-tunitieswithin,Vail and"these will be explored and pursued; Down- Valley development will not be undertaken if it results in not being able to participate in 'an opportunity within the Town's boundary. Partnering opportunities for Down-Valley development will occur through partnerships that may include not only the County, but also the Town of Avon, =the QS. Forest Service, and potentially private developers. The Dowd Junction area and the Village at Avon are identified as particular areas of-interest where development opportunities are to be explored. Q 1-3 years from now Partner with the County - 200 units per year (9) 3-5 years from now Partner with the County - 200 units per year Ox 5+ years from now Partner with the County - 200 units per year 12 VI. ROLES AND RESPONSIBILITIES Roles and Responsibilities - The provision of deed-restricted housing is viewed as a partnership between various boards within the Town, each having important roles and responsibilities. As such, it is imperative that communications be established and maintained between boards to further the goals and objectives that are stated in this Plan. Efforts will be made to define, and periodically refine, the roles and associated communications between the bodies identified below. The Town Council shall act in accordance with Town codes and shall fulfill their decision-making functions as identified by local ordinances. Land Use Regulations typically stipulate the review procedures to be followed in reviewing a proposed development. Ultimately, most reviews require an affirmative decision by the Town Council. Therefore, the Council, will be the ultimate decision-making body for developments that rewire Council review. The Planning and Environmental Commission and the Design Review Board also play a development review role. These two beards will revi development proposals, consistent with the requirements of codes and ordinances, to ensure that development is in compliance. The Vail Housing Authority (V.L.H.A.) plays a critical rol0in ensuring that housing for long-term residents and seasonal employees is available in the Town. This in turn, enhances the quality of life for local residentsand improves the economic viability of the area. The V.L.H. A. mission: g The V.L.H. A. will play an advisory role .to the Town Council and the Planning and Environmental Commission on matters related to housing policy and development. The Authority will use this Housing Plan as a working document to guide future efforts. As identified in the Plan, the Authority will work to carry out the -Action Steps over the next three years. The Authority's priorities will be those contained in the Plan as it 'is' adopted, and as it may be modified following subsequent annual reviews. 13 Definitions The following definitions are applicable for the terms used in this Plan. Area Median Income (AMI) Limits - most communities establish income limits for the programs they administer based on the area median income (AMI) for the area according to household size, which are adjusted annually by the Department of Housing and Urban Development (HUD). Four different income categories 'are defined for various programs and policies: 1. Extremely low-income, which is less than 30 percent of the median family income; 2. Very low-income, which is between 30 and 50 percent of the median,,family income; 3. Low-income, which is between 50 and 80 percent of the median family income; 4. Middle income, which is between 80 and 120 percent of than median family income; and "ill, 5. Above middle income, which is over 120 percent of the median family income. A 1 Person 2 Person 3 Person 4 Person 5,Person't Person 7 Parson 8 Person 30% $17,050 $19,500 $21,900 $24,350' '°$26,300.;,, $28,250 $30;200 $32,150 50% $28,400 $32,450 $36,500 $40,550 $43,800 $47,050 $50,30,0: ? $53,550 60% $34,080 $38,940 $43,800 $48,660 $52;560 ` $56,460 $60,350 $64,260 80%' $41,900 $47,900 $53,850 $59,850 $64,650_, $69,450 $74,200 $79,000 100% $56,800 $64,900 $73,000 $81,100 $87,600, $94,100 $100,600 $107,100 120% $68,160 $77,880 $87,600 $971320 $105,120 $112,920 $120,720 $128,520 140% $79,520 $90,860 $102,200 $113,540 $122,640 $131,740 $140,840 $149,940 160% $90,880 $103,840 $116,800 $129,760 $14Q160, $150,560 $160,960 $171,360 2W Catch-Up Housing - Housing`needed'to "catch-up" to current deficient housing conditions. In this Plan, catch-up housing needs are defined by current resident households reporting, housing problems (overcrowded, cost-burdened and/or living 'iri substandard housing conditions), current renters and owners looking to purchase a home an-din-commuters that would like to move to Vail. Catch-up •housing,,,is generally addressedthrough local city development initiatives, non- profits and housing groups and public/private partnerships. Housing Continuum, The As illustrated below, it is possible to estimate the number of resident households in the Town of Vail at various income levels. Vail's planning is based on addressing the needs of households of different incomes, recognizing that there is a need to ensure housing for a'diversity of'households. 14 80-100% AN 120-140% AMI Max Rent $1,825 100% AMI Max Rent $2,738 Max Price $241,432 $73,300 Max Price $334,741 140°k AMI 500 k $109 i 80°h AMI , , r t $53,850 +1? 50-80% AMI Max Rent $1,346 80-1 009 AMI Over 140% AMI Max Price $180,238 425 HH117 4%` Rent Over $2,738 50-80% AMI Price Over $334,741 50% AMI 345 HH114.1% l $36,500 ` Over 140% AM. h?t u r <=50%AMI <=50%AMI MaxRent $913 401 HH/18.4% '` Max Price $124,796 2007 Vail Households Inclusionary Zoning - requires a minimum percentage of residential development be provided to serve local employees as part of new residential developments' (1'0.. percent in Vail). Inclusionary zoning is a housing production obligation based on the community's need for employee housing as related to many factors, including a decreasing developable supply of land, rising home values, insufficient provision of housing affordable to residents by the market, etc., in addition to any direct employee generation impacts of development. Keep-Up Housing - Housing units needed to keep-up with future demand for housing. In this Plan, keep-up housing needs focuses on new housing units needed as a result of job growth in Vail and new employees filling those jobs. Keep-up housing is .often addressed by the existing free-market, as well as regulatory requirements orincentives'td' produce housing that is needed and priced below the current market. Levels of Homeownership - When discussing affordability of properties by Area Median Income (AMI) level (defined 'above) and the types of homes households among different AMI groups are seeking,-reference is made to a-couple different stages of homeownership. This includes: 1. =ownershiplfirst,-fime heme?bbyers: These are households typically earning in the !ddle income range. In Vail, these are households earning 50 to 100 percent of the AMI. yTtese include households that currently rent (or otherwise do not own a home) and are looking to purchase their first home. 2. Move-up buyers: T,hese,are households earning in the middle to upper income range (about 100 to 120 percent' AMI or higher) that may currently own a home and are looking to purchase a new or different home for a variety of reasons (relocating, growing family (e.g., having children), shrinking family (e.g., empty-nesters), etc.). Mean - the average of a group of numbers, which is the sum of all the data values divided by the number of items. Median - the middle point in a data set. 15 ATTACHMENT A SCHEDULE A. Vail Town Council May 6, 2008 Work Session Affirm Housing Goals and Purpose of the Plan Review proposed actions and timeline July 1, 2008 Work Session August 5, 2008 Work Session August 19, 2008 Adoption by Resolution B. Vail Local Housing Authority March 24, 2008 VLHA Work Session Met with consultant (Chris.,Cares) Dusted off previous work towards a TOV Strategic Plan April 10, 2008 VLHA Work Session Review and update proposed actions and timeline April 24, 2008 VLHA Work Session Further refine actions and timeline°for Council meeting May 13, 2008 Vail Economic Advisory Council Discussion of Housing Goals May 15, 2008 V,,LHA Work Session June 10,, 2008 Vail Economic Advisory Council Further discussion of Housing Goals June 10, 2008 f? VLHA Work Session June 24, 2008 VLHA Work Session July,`,2008 Meet with Local Employers July 8, 2008 VLHA Work Session July 15, 2008 Vail Economic Advisory Council July 22, 2008 VLHA Work Session C. Planning and Environmental Commission June 9, 2008 Work Session Review and provide input on draft Strategic Plan July 28, 2008 August 11, 2008 Work Session Work Session 16 BACKGROUND INFoRIMATION Vail Recreation District Site Visits July 15, 2008 V) ? - IN . - a I all creptionp'rse pnd eXCeption h e physical, offer. dive that enhance III its o?unities t? wel.l-being Of opp otionp and d em ents workforce'? guests• Social presod i Vai Go f C u) V?) Youti Services Jo son Ice Arena V?) Sports Vai Tennis Center Vai lature Center Vai Gymnastics Center Vai Vordic Center arcs and =aci ities laintenance V ? ) Administration 4 GOLF CLUE Va' Golf C u:) /Golf Mai ite lance Strengths Weaknesses • Location (Gore Range • Poor delivery and garbage removal set Views) up • Layout of the course. Aging building • Cleanliness and organization of- • ADA requirements for golf club entrance facilities by 2009 • Only "walk able" • Parking lot- cracking-asphalt course in Eagle County- Aging irrigation system • Member of the • Failing structures Audubon Cooperative Sanctuary Program for - Retaining walls - life safety issues Golf Courses (ACSP) - Bridges -12 month use aging rapidly - Cart paths - frost heave and irrigation severely damage 2007 Results • 100 children, ages 8 -13, Extreme Camp Vail • 1,500 children, ages 4-11, in Camp Eco Fun • 655 pre-school age children in Pre-Kamp Vail • 3,500 participated in 11 weeks of Camp Vail • 90 participants in the skateboard clinics • 300 participants in KidZone programs • 200 children in the annual Easter Egg Hunt • 500 children in Trick-or-Treat Trot • 1,500 children and parents visited the Imagination Station, winter 07/08 o ctln , VAIL RECREATION Y D I S T R I C T seNtzes Programs • Pre-Kamp Vail, Camp Vail, Extreme Camp Vail • Camp Eco Fun • Skateboard Clinics • Imagination Station • KidZone School Programs • Early Childhood • Special Events Facilities • Camp Eco Fun: Imagination Station and Nature Center 1?t-ty1 • Skatepark: Partnership with Town of Vail VAIL RECREATION D I S T R I c T Camp Vail & Pre Kamp Vail: Rental agreement with Red Sandstone Elementary School • KidZone: Agreement with Eagle County School District Facility Strengths • Partnerships with Eagle County School District for use of facilities Imagination Station in LionsHead- targets an age group seeking alternate activities Facility Weaknesses • Not ADA compliant in LionsHead • Permanent home for camps and programs (dispersed programs throughout Vail is challenging) • Aging LionsHead facility (Imagination Station) COLON Programs 2007 Results • Concerts, special events & • 11500 spectators for holiday groups skating shows • Adult men and women's hockey Sold-out concerts: The Frey & leagues Ziggy Marley • Private instruction & public • Adult Leagues: 400 players skating Youth Hockey Camps: 170 • 115 participants in Bob Johnson • Youth and adult hockey camps Hockey School • Showtime holiday skating shows 2,500 Future Business Leaders of • Bob Johnson Hockey School America participants (, Domon Ice Arena Facility Strengths Facility Weaknesses • New fluorescent lighting installed May 2008 provides better lighting and reduces energy usage • Conference room space- used throughout the year by organizations such as Untraditional Marketing for Teva Mountain Games • Location: On the in-town bus route with parking at the LionsHead parking structure • New refrigeration system, dasher. boards and glass were installed in 2001 • Largest special event/conference venue in the Town of Vail • Roof is 30 years old and is beginning to show wear and tear, shingles are missing resulting in frequent leaks • Limited storage • Limited seating capacity VRD S:)odo..s Programs Leagues • Basketball • Indoor soccer and futsal • Fall/winter indoor volleyball • Summer co-ed and men's softball • Fall/summer 8v8 soccer • Sand volleyball • Ultimate Frisbee • Flag football Youth Sports Camps • Volleyball • Baseball • Sports training • Basketball • Lacrosse • Soccer Competitions 0 Mountain bike and trail running races VR D S:)o°.s 2007 Results • 1,500 runners in the trail running series • 1,100 racers in the mountain bike race series • 800 local and visiting children participated in 9 sports camps • 1,000 soccer program participants • Large sports competitions on Ford Park athletic fields - Vail Lacrosse Tournament, Kick-it 30, King of the Mountain Volleyball VRD Sports Strengths • High quality programming and scheduling of fields • Ability to organize multiple large scale events • Programming for both guests and residents- heads in beds when the facilities are being used • Partnerships Locations • Field rental ability Weaknesses • Not enough fields . Could grow tournaments (such as Lacrosse and 30) with more fields • No artificial turf fields- limits springtime and late fall play • Uncertainty of field future with master planning process soon to be underway (limits capital expenditures) • Lack of facilities and storage for maintenance and operations • Safety concerns for guests and employees - bathrooms at softball field are falling apart • Limited parking • Lighting for evening play • Partnerships with other communities (WECMRD, School District, Avon) T Programs • Adult backcountry hikes • Camp Eco Fun • Wildflower and morning bird walks • Beaver pond tours • Stream ecology and fly-fishing • Speaker series (Starry Nights, Bee Keepers, Raptors) • Nature's Medicine Chest • Family Fun Nights (Wednsdays) • Campfire story telling Va* N a.u'e Results Ce i • Hosts a variety of local schools, church groups, Boy and Girl Scouts of America, etc. • Nearly every student in Eagle County School District visits the Nature Center by third grade • Partnership with the Gore Range Natural Science School Vae Nature Center Facility Strengths Facility Weaknesses • Location: Building needs repairs. Short walk from Vail Village, on the in-town and updating bus route and parking at the athletic fields • No running water or - Adjacent to the Betty Ford Alpine Gardens and Ford Amphitheater sewer - Seven acres of land is diverse, with riparian Lacks a covered meeting land and high meadows that provide habitat or, educational area, for a great variety of native plants and animals • Historic building: which would provide programming during Attractive and fits the Nature Center setting - Displays in the building are hands-on and, for inclement. weather the most part, self-explanatory • Trail System: Offers a short hiking experience for all ages and fitness levels Va* leiies.Ceite I'm Facility Strengths • Location Quality of play- clay courts- are known to be some of the best in the state • Number of courts at site (conducive to tournament play) • Proximity to Alpine Gardens and Ford Amphitheater Facility Weaknesses • Limited parking (paid parking events) • Walls bordering courts in need of repair • Walkway around facility in need of repair • Courts at Golden Peak could be considered non- functional (surface cracks return each year), 10. Va 0 Gy -n iasfcs Ce ievents Martial arts Birthdays Hosted 2008 E.A.G.L.E.S State Championships 2007 Results • Operated 50 classes per week • Approximately 300 students per week • 35 participants per week in ski and snowboard trampoline training • Vail Gymnastic Team competed on a national level • 75-100 children celebrated birthdays - k.UII1pClILIUIIJ Val Gymnastics Cei---.e-- Facility Strengths • New facility: -Opened its doors in January 2005 • Proximity to Red Sandstone Elementary School, provides after school program opportunity for children • Draw about 70 to 100 seasonal clients per year from around the world, many of them being repeat clients over several years Facility Weakness • Facility elevator is certified as a LULA elevator (limited use, limited access.) - Nearly impossible to transport disabled persons from the first to second floor. An employee must open and close the elevator. • No air conditioning during the summer Va 0 \ o -d'c Ce i-...-e • Third-party partner - Pro shop, sales, management, etc. - Vail Golf Club-based • 17K Nordic (classic, skate) • 10K snowshoe • VRD grooming, signage, maps A Jr, k '4- 3 r3 - Vail Nordic Center Facility Strengths • Terrain lends itself to all Nordic, cross country and snow shoe ability levels • Location - On in-town bus-route - View of Gore Range • Parking at the venue Facility Weaknesses • Locker room areas are inadequate (no changing area) • Leaking roof in winter and spring • Bridges are not wide enough for safe snowcat'operations • On golf course, which impacts the golf course irrigation, system and turf reation District \/.,I Rey of D"Ire?tors Board 0 ; Term EXp?res 201 2012 Chairperson /-Treasur er; Ter ?'r Ken W ilson, SecretarY 0 Miclhelle -(erm Expires201 Sa?er; jkbau Rick Expires 20lo-, anlon . Term JosephH 5 _ Term Expires 2012 fie{{ Wi l e