Loading...
HomeMy WebLinkAbout2010-03-16 Agenda and Support Documentation Town Council Evening Session VAIL TOWN COUNCIL EVENING SESSION AGENDA +` T (TF Via' VAIL TOWN COUNCIL CHAMBERS 75 S. Frontage Road W. Vail, CO 81657 6:00 P.M., MARCH 16, 2010 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. (15 min.) PRESENTER(S): Public 2. ITEM /TOPIC: Discuss the importance of the upcoming 2010 CENSUS. (15 min.) PRESENTER(S): Sean Koenig ACTION REQUESTED OF COUNCIL: Declare April 1, 2010, to be known as Census Day, and April, 2010, to be known as Census Month. BACKGROUND: The U.S. Constitution requires a national census once every 10 years to count everyone residing in the United States. Census data is used to determine the proper number of congressional seats each state will have in the U.S. House of Representatives, as well as how to allocate more than $400 billion in federal and state funds to states and communities every year for neighborhood improvements, emergency preparedness and disaster recovery, public health, education, transportation, senior services, and much more. Census data is also used to help guide local decision - makers analyzing growth and forecasting demands and planning for improvements in health care, education and community —based and social service programs and /or infrastructure. A Census questionnaire form will be delivered to each residence in the country in March 2010, and households are expected to complete the questionnaire in the safety of their own home and mail back their questionnaire upon completion. The Census questionnaire responses should represent the household as it exists on April 1, 2010. Meanwhile, Census takers will visit households that do not return questionnaires in April in order to take a count in person, at a significant additional federal cost. STAFF RECOMMENDATION: Given the importance of the 2010 Census and the potential implications of an undercounted population, Staff recommends that Council discuss appropriate measures to continue advocating the importance of the U.S. Census for the residents of Vail and Colorado, and declare April 1 st, 2010, to be known as Census Day, and April, 2010, to be known as Census Month, in recognition of the importance of the U.S. Census. \n 3/16/2010 \n 3. ITEM /TOPIC: Town Manager's Report. (5 min.) PRESENTER(S): Stan Zemler 4. ITEM /TOPIC: Design Review Board (DRB), Planning and Environmental Commission (PEC) and Art in Public Places (AIPP) Board Appointments. (15 min.) PRESENTER(S): Pam Brandmeyer ACTION REQUESTED OF COUNCIL: 1) Appoint three applicants to the DRB for a term of two years each (through March 31, 2012). 2) Appoint four applicants to the PEC for a term of two years each (through March 31, 2012). 3) Appoint two applicants to the AIPP for a term of three years each (through March 31, 2013) and one appointment to complete the vacancy left by Brittany Kennedy, whose term ends March 31, 2012. Note: Pam Hopkins is term limited and can only serve two more years (until March 31, 2012) on the AIPP, if reappointed. BACKGROUND: There are currently four vacancies for PEC, three vacancies for DRB and three vacancies for AIPP. The Town received six, (6) applications for the DRB; six (6) applications for the PEC; and four (4) applications for the AIPP. Incumbent members of the DRB, PEC, and AIPP are noted by asterisks below. It is requested that the Town Council interview each applicant at the work session and then appoint four applicants to the PEC; three applicants to the DRB and three applicants to the AIPP at the evening meeting. The applicants are as follows: DRB: Brian Dalrymple; Mike Dantas *; Peter Dunning *; Roland Kjesbo; Diana Mathias; and Ellizabeth Plante *. PEC: Brian Dalrymple; Mark Gordon; William Pierce *; Henry Pratt: Sarah Robinson- Paladino *; and Tyler Schneidman *. AIPP: Sally Connelly; Pamela Hopkins *; Jennifer Mason; and Bill Rey *. STAFF RECOMMENDATION: Appoint a total of four members to the PEC for two -year terms each; three members to the DRB for two -year terms each; and three members to the AIPP; two for three -year terms and one for a two - year term to fill the vacancy left by Brittany Kennedy. 5. ITEM /TOPIC: Vail 360: Designing the Next Chapter of the Vail Economy. (40 min.) PRESENTER(S): Beth Slifer, Chair, Vail Local Marketing District Advisory Council BACKGROUND: Beth Slifer will give an update on market conditions in the \n 3/16/2010 \n mountain resort industry coupled with the research conducted by Reach Advisors to identify a long -term strategy for a third economy for Vail. In addition, gaps in existing facilities will be identified that keep Vail from achieving a world -class guest experience. Beth will answer questions from the Town Council and the community. 6. ITEM /TOPIC: 2009 Year -end Investment Report. (10 min.) PRESENTER(S): Judy Camp ACTION REQUESTED OF COUNCIL: No formal action requested — information only. BACKGROUND: Section 2 -2 -8 of the Town Code requires an annual presentation of the town's investment report, which is also provided as a written report for each quarter. This agenda item is a presentation of the town's investment report as of December 31, 2009. STAFF RECOMMENDATION: None. 7. ITEM /TOPIC: West Vail Fire Station update, including site plan, floor plans, elevations, 3 -D model, and budget. (60 min.) PRESENTER(S): Mark Miller, Fire Chief / Don Watkins, Belford- Watkins Architects ACTION REQUESTED OF COUNCIL: The TOV /Town Council (as owners) need to approve the project for final application to PEC and DRB. BACKGROUND: In late October 2009, Council approved moving forward with the design and budget proposal for the West Vail Fire station. At the October meeting, staff and the design architects provided Council with an estimated budget of $5,439,318, which incorporated many of the recommendations from Council, PEC, DRB and the design committee relative to cost saving measures. The design committee has made several revisions to further value engineer the project. The project has been through three conceptual PEC and DRB meetings, and has received preliminary approval to move forward incorporating recommended changes. Pending owner approval (Council) the project will go to PEC for final approval on March 22nd, and DRB on April 7th. STAFF RECOMMENDATION: Staff recommends that the owner (Council) approve as presented (or with recommendations) to move to final PEC and DRB. In addition, staff is asking Council provide input regarding the General Contractor selection process. The attached memo will give updates on the five RFP's for a guaranteed maximum price. Staff will bring a recommendation to Council on April 6th for approval of a general contractor and final budget. 8. ITEM /TOPIC: Second reading of Ordinance No. 4, Series of 2010, and ordinance making supplemental appropriations to he Town of Vail General Fund, Capital Projects Fund, dispatch Services Fund, and Heavy Equipment Fund of the 2010 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. (15 min.) \n 3/16/2010 \n PRESENTER(S): Judy Camp ACTION REQUESTED OF COUNCIL: Approve or approve with amendments the second reading of Ordinance No. 4 of 2010. BACKGROUND: To be provided in separate memo. STAFF RECOMMENDATION: Staff recommends Town Council approve, or approve with amendments, Ordinance No. 4, Series of 2010 upon second reading. 9. ITEM /TOPIC: Adjournment. (8:55 p.m.) NOTE UPCOMING MEETING START TIMES BELOW: (ALL TIMES ARE APPROXIMATE AND SUBJECT OT CHANGE) THE NEXT VAIL TOWN COUNCIL REGULAR WORK SESSION WILL BEGIN AT TBD, TUESDAY, APRIL 6, IN THE VAIL TOWN COUNCIL CHAMBERS. \n 3/16/2010 \n 'OWN OF VAM . VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: March 16, 2010 ITEM /TOPIC: Discuss the importance of the upcoming 2010 CENSUS. PRESENTER(S): Sean Koenig ACTION REQUESTED OF COUNCIL: Declare April 1, 2010, to be known as Census Day, and April, 2010, to be known as Census Month. BACKGROUND: The U.S. Constitution requires a national census once every 10 years to count everyone residing in the United States. Census data is used to determine the proper number of congressional seats each state will have in the U.S. House of Representatives, as well as how to allocate more than $400 billion in federal and state funds to states and communities every year for neighborhood improvements, emergency preparedness and disaster recovery, public health, education, transportation, senior services, and much more. Census data is also used to help guide local decision - makers analyzing growth and forecasting demands and planning for improvements in health care, education and community —based and social service programs and /or infrastructure. A Census questionnaire form will be delivered to each residence in the country in March 2010, and households are expected to complete the questionnaire in the safety of their own home and mail back their questionnaire upon completion. The Census questionnaire responses should represent the household as it exists on April 1, 2010. Meanwhile, Census takers will visit households that do not return questionnaires in April in order to take a count in person, at a significant additional federal cost. STAFF RECOMMENDATION: Given the importance of the 2010 Census and the potential implications of an undercounted population, Staff recommends that Council discuss appropriate measures to continue advocating the importance of the U.S. Census for the residents of Vail and Colorado, and declare April 1 st, 2010, to be known as Census Day, and April, 2010, to be known as Census Month, in recognition of the importance of the U.S. Census. ATTACHMENTS: Proclamation for 2010 CENSUS \n 3/16/2010 \n TOWN OF VAIL PROCLAMATION # 1, SERIES OF 2010 A PROCLAMATION DECLARING APRIL 1, 2010 AS "CENSUS DAY" AND APRIL, 2010 AS "CENSUS MONTH" WHEREAS, the Census is a headcount of everyone residing in the United States - regardless of race, ethnic group and /or citizenship, and; WHEREAS, the U.S. Constitution requires a national Census once every 10 years to count the population and determine the proper number of congressional seats each state will have in the U.S. House of Representatives, and; WHEREAS, the Census is important to all state, tribal and local communities since Census data is directly used to determine how to allocate more than $400 billion in federal and state funds to states and local communities in the U.S. every year for neighborhood improvements, emergency preparedness and disaster recovery, public health, education, transportation, senior services, and much more, and; WHEREAS, in Colorado federal funding is estimated to average 826 per person per year or approximately $4.27 billion per year, which amounts to over $3.74 million per year based on Vail's 2000 Census population count (4531 residents) and; WHEREAS, the Census numbers stand for 10 years meaning that communities with undercounted populations potentially risk losing thousands to millions of dollars in federal funding, and; WHEREAS, the Town of Vail is reported to have had a 34% response rate in the 2000 Census, and; WHEREAS, Census data is used to help guide local decision - makers analyzing growth and forecasting demands and planning for improvements in health care, education and community —based and social service programs and /or infrastructure, and; WHEREAS, a Census questionnaire form will be delivered to each residence in the country in March 2010, and households are expected to complete the questionnaire in the safety of their own home and mail back their questionnaire upon completion, and; WHEREAS, Census questionnaire responses should represent the household as it exists on April 1, 2010, and; WHEREAS, Census takers will have to physically visit households that do not return questionnaires in April in order to take a count in person, at a significant additional federal cost, and; WHEREAS, Census data is legally confidential and an individual's Census questionnaire responses cannot be shared with anyone, including other federal agencies (FBI, IRS, Immigration, etc.) and law enforcement entities, and; \n 3/16/2010 \n 2 -1 -1 \n NOW, THEREFORE, BE IT PROCLAIMED that the Vail Town Council declares April 1, 2010, to be known as Census Day and the month of April, 2010, to be known as Census Month, in recognition of the importance of the U.S. Census and encourages all residents of Vail to uphold their civil responsibility by participating in this year's CENSUS. SIGNED this day of , 2010. Richard D. Cleveland, Mayor ATTEST: Lorelei Donaldson, Town Clerk \n 3/16/2010 \n 2 -1 -2 \n 'OWN OF VAM . VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: March 16, 2010 ITEM /TOPIC: Town Manager's Report. PRESENTER(S): Stan Zemler \n 3/16/2010 \n TOWN *ViAl VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: March 16, 2010 ITEM /TOPIC: Design Review Board (DRB), Planning and Environmental Commission (PEC) and Art in Public Places (AIPP) Board Appointments. PRESENTER(S): Pam Brandmeyer ACTION REQUESTED OF COUNCIL: 1) Appoint three applicants to the DRB for a term of two years each (through March 31, 2012). 2) Appoint four applicants to the PEC for a term of two years each (through March 31, 2012). 3) Appoint two applicants to the AIPP for a term of three years each (through March 31, 2013) and one appointment to complete the vacancy left by Brittany Kennedy, whose term ends March 31, 2012. Note: Pam Hopkins is term limited and can only serve two more years (until March 31, 2012) on the AIPP, if reappointed. BACKGROUND: There are currently four vacancies for PEC, three vacancies for DRB and three vacancies for AIPP. The Town received six,(6) applications for the DRB; six (6) applications for the PEC; and four (4) applications for the AIPP. Incumbent members of the DRB, PEC, and AIPP are noted by asterisks below. It is requested that the Town Council interview each applicant at the work session and then appoint four applicants to the PEC; three applicants to the DRB and three applicants to the AIPP at the evening meeting. The applicants are as follows: DRB: Brian Dalrymple; Mike Dantas *; Peter Dunning *; Roland Kjesbo; Diana Mathias; and Ellizabeth Plante *. PEC: Brian Dalrymple; Mark Gordon; William Pierce *; Henry Pratt: Sarah Robinson- Paladino *; and Tyler Schneidman *. AIPP: Sally Connelly; Pamela Hopkins *; Jennifer Mason; and Bill Rey *. STAFF RECOMMENDATION: Appoint a total of four members to the PEC for two -year terms each; three members to the DRB for two -year terms each; and three members to the AIPP; two for three -year terms and one for a two -year term to fill the vacancy left by Brittany Kennedy. ATTACHMENTS: Letters of Interest for Board Vacancies Letters of Interest for DRB Letters of Interest for PEC \n 3/16/2010 \n AIPP \n 3/16/2010 \n 4 -1 -1 \n N t-c 1 01` 1 Lorelei Donaldson - Art in Public Places volunteer From: "Sally Connelly" To: Date: 3/2/241(17:17 AM Subject: Art in Public Places volunteer Dear Madam /Sir: 1 am interested in volunteering my time to the Art In Public Places board. I have been a full -time resident of Vail since 1995 and own my own clinical nutrition practice here. 1 Relieve I have the creative energy to contribute humbly to enhancing the Arts in Vail. I understand the time commitment required and will honor that obligation if selected for this opportunity. Sincerely, Sally Connelly Herbal Allies, Inc. 5148 Gore Circle Vail, Colorado 81657 970 -476 -8327 salconl @comcast.net www.saIcon.meta-eh \n 3/16/2010 \n file: / /C: \Documents and Settings\ Administrator \Local Settings \Temp \ 1 Xl- g \4B8CF3A. -. 3/2/2010 March 2, 2010 Lorelei Donaldson Vail Town Clerk 75 South Frontage Road Vail, Colorado 81657 RE: AIPP Application Dear Lorelei, Please accept this letter as my application to reapply for a position on the AIPP Board. I have enjoyed working with the members of the board and seeing the increase in the number of projects completed over the last three years. We are dealing with the decrease in the annual budget and how to best handle a number of potential projects for the coming few years. The relocation of the Morales is a very exciting opportunity for Vail in the new proposed site. I have enjoyed learning more about art and sculpture and the new artists as we select them for new projects and sites. I learned to love art and sculpture when I lived in Europe for two years. At university I studied Architecture and that continued to enrich my art education there and in my travels. I have worked as a Partner with Snowdon and Hopkins Architects for the last thirty years. I was on the PEC from 1985 to 1989. My resume is included with this letter. I hope to continue to work with the AIPP board and hope to see even more successful projects completed. Thank you, Pamela W. Hopkins, AIA Snowdon and Hopkins Architects, P.C. \n 3/16/2010 \n 4 -1 -3 \n Pamela W. Hopkins, AIA, LEER AP Registered Architect, State of Colorado (B11 65) LEER Accredited Professional' Education Bachelor of Architecture, University of Colorado Professional Experience Partner in charge, Snowdon and Hopkins architects, PC • Renovation to the Vail Public Library 0 Addition to the Gilpin County Public Library 1,909 sq.ft.; scheduled construction: June 2008 Addition to the Eagle Public Library 8,500 sq.ft.; scheduled construction: May 2008. On hold • First Bank of Vail Exterior and landscaping upgrades Inn at Beaver Creek redevelopment 2006 plans 50,000 sq.ft. • Ski Club Vail redevelopment, Vail, Colorado, 2000 35,000 sq.ft. at the base of Vail Mountain (to be built) Pinedale Public Library, Wyoming, 1998 (Consultant Architect) Consulted during design phase for Carney Architects • Eagle Public Library, Eagle, Colorado, 1997 15,000 sq.ft. new library • Avon Public Library, Avon, Colorado, 1995 15,090 sq.ft. new library Vail Mountain School Library Addition, Vail, Colorado, 1995 3,000 sq.ft. renovation and addition • Vail Police Department and Municipal Complex, Vail, Colorado, 1994 (Consultant to Roth Sheppard Architects) Gilpin County Public Library, Colorado, 1995 5,000 sq.ft. new library * Emerald Acres Office Complex, Avon, Colorado 45,000 sq.ft. eight building campus • Garden of the Gods Hotel and Condominium, flail, Colorado 30,000 sq.ft. renovation and addition Eugene Field Public Library, Denver, Colorado, 1993 (Consultant Architect) Consulted during design phase and interior layout for Roth Sheppard Architects Snowdon and o p 4 -1 -4 \n • Inn at Beaver Creek, Beaver Creek, Colorado 55,009 sq.ft. hotel at base of ski mountain • Flagstaff Public Library, Flagstaff, Arizona, 1987 35,000 sq.ft. new library Vail Public Library, Vail, Colorado, 1983 15,000 sq.ft. new library • 50+ Custom Residences Associations American Institute of Architects Member, Planning and Environmental Commission, Town of Vail (1985 -89) Board of Trustees, Vail Mountain School (1986 -2090) Member, Vail`s Arts in Public Places Commission Member, Design Committee, Performance and Conference Center, Vail, CO Member, Town of Vail Environmental Strategic Plan Committee Jury and Awards 1987 Jury, Biennial AIAIALA National Design Competition 1985 AIAIALA Award of Excellence - Vail Library 1984 AIA Western Mountain Region Award of Merit - Vail Library Publications The Vail Library, Solar Age, September 1985 The Vail Library, Process: Architecture (98), Passive and Low Energy Architecture, September 1991 City of Flagstaff /Coconino County Public Library, Arizona Libraries, September, 1987 City of Flagstaff /Coconino County Public Library, Architecture, October, 1988 Public Libraries, Travel Treasures of the West, Martin B. Rabkin, North American Press, November 1993 Professional Development Harvard University Executive Program — Public Libraries — 1995 Harvard University Executive Program — Public Libraries — 2005 Papers authored. Sustainable Architecture and Green Design Snowdon and Hopkins *Architects, P.C. 4 -1 -5 \n Jennifer Mason 2602 Cortina Lane Vail, Colorado 81657 March 2, 2010 Mrs. Lorelei Donaldson My name is Jennifer Mason and I am a resident of the town of Vail. The purpose of writing this letter is to express my intention of pursuing a board position on the Art and Public Places board for the town of Vail. The program has particularly caught my interest, because of all the good work and public service this board is providing to the town of Vail. I served on the board for (2) 3 year terms and was chairman for the last year I served. My experience on the board has made me appreciate and value public art in our community. I work at the Vail Valley Foundation in the Operations department I bring to the board expertise of how events flow in and out of the community. I value both the visiting guest and long time local I believe by having a strong A1PP in Vail it will set the standard for all mountain communities and make the an even better place to live and visit. Sincerely, Jennifer Mason \n 3/16/2010 \n 4 -1 -6 \n March 2, 2010 Ms. Lorelie Donaldson Town of Vail 75 South Frontage Road 'West Vail, CO 81657 Dear Ms Donaldson, I have enjoyed serving on the Art in Public Places Board for the past three years and would like to hopefully continue for another three year term. The AIPP has truly started . to hit its stride with public and private development in the town. I have great love for this valley and look forward to seeing this great progressive community blossom with respect to Public Art over the next few years. 1 look forward to continued work can the summer of sculpture temporary art program along with the Triumph, Ever Vail, Ritz Residences and Solaris completion along with all that is on the AIPP's plate now and in the future. I believe that the board along with the hard work of Molly Eppard is a serious art board that will be a continuing force in sculpting Vail's future. Thank you for you consideration. Sincerely, Bill Rey tai I l ("ci?c laggettrey.com 100 east meadow Drive Vail, CO 81657 476 -9350 \n 3/16/2010 \n 4 -1 -7 \n DRB \n 3/16/2010 \n 4 -2 -1 \n March 3 2010 To whom it may concern, My name is Brian Dalrymple and 1 would like to be considered to serve on either the Design Review Board or the Planning and Environmental Commission. I recently saw in the Vail Daily that these positions were available, and as an active member of the community I thought it would be educational, exciting, and fun to serve on either the Board or the Commission. I have been a Vail valley resident since 1998, and a Vail homeowner since 20€31. I currently own a condo, my primary and only residence, at Clore Creek Meadows in East Vail. Although I was laid off from my spa director position at the Vail Plaza Hotel & Club last March due to their bankruptcy, I have gone back to doing massage therapy at the Vail Cascade Club (Aria spa) in the meantime while I search for other management positions in the valley. I think I would make a valuable asset to the PEC or the DRB because of my commitment to community, my keen vision for architectural planning and awareness, and my ability to work amicably and respectfully with people whom I agree and disagree with on many subjects. My tenure as a board member and president at Core Creek Meadows HDA has been filled with many challenges such as, an embezzlement (immediately before my purchase of my condo) of $200,000 from our reserves that was never recovered, . revamping of our poolfhot tub area, design and implementation of our $100,000+ landscaping plan, review of all owner requests for architectural upgrades to their respective units, and planning quarterly (and sometimes monthly) board meetings and annual owners meetings. I have learned that while I may have strong feelings about certain ideas, and sometimes these feeling may be at odds with board members and/or owners, it's very important to maintain an open and objective mind in order to achieve progress on any level. Unlike many condo owners, I have actually enjoyed my time on the Core Creek Meadows Board and I look forward to serving our 52 owners for many years to come. It seems to me that serving on either the DRB or the PEC would be a logical and educational 'next step' for me in my life in Vail. Attached to this email you will find my resume as well as a letter of recommendation from my most recent General Manager, Connie Dorsey, from the Vail Plaza Hotel & Club.. Thank you very mach for your time and 1 look forward to hearing from you soon. Sincerely, Brian Dalrymple 970- 390 -6533 briand alCa) yah oo. com \n 3/16/2010 \n 4 -2 -2 \n 5020 01 Main Gore Place Brian McKeith Dalrymple Vail, CO 81657 ; briandalkyahoo.com Founder - Rocky Mountain Spa & Fitness Directors Association 974- 390 -6533 Member - International Spa Association Professional Experience Sorrento Spa at the Vail Plaza Hotel & Club 16 Vail Road, Vail, CO 81657 (970) 477 -8000 Spa & Fitness Director October 2007- March 2009 Vail Plaza Hotel & Club is a four star resort in the heart of Vail with /00 guest room and 38 multi - bedroom club waits available for fractional ownership. Its outlets consist of three restaurants and a 10, 000 sq. ft. spa and fitnessfacility with 6 treatment rooms, three outdoor Jacuzzis and a pool. Accomplishments: • Successfully opened Sorrento Spa within 10 weeks of being hired, meeting corporate deadline of new hotel's opening on December 15, 2007. Opening achievements included designing spa's vinotherapy concept to match the hotel's Italian/Tuscan theme; created spa menu of 60+ treatments using three different skin care lines, with 40% of the treatments involving vinotherapy; created competitive commission and payroll structure to attract duality staff, recruited, hired, and trained 20+ staff members; implemented spa software program; and selected and oversaw installation of $100,000 of spa equipment.. • Financial highlights: gross revenue over $500,000 in first fiscal year, which exceeded targeted revenue by 5 %, was within 2°r':, of pre - opening forecasted operating budget, consistently kept retail cost of sales below 60 %, maintained retail sales at $3,00045,000 per month, and implemented on -line gift certificate sales program, which increased gift - certificate sales by 65 %. • Improvements since opening: implemented `green' housekeeping policies; created installation of digital lock system in locker rooms; installed view -only scheduling computer for therapists; created `employee of the month' and `retail sales reward' programs which increased retail sales I5 %, created `concierge commission program' to reward local concierges for referring business which increased non -hotel guest business levels by 50 %, and promoted spa through regular personal appearances on local television stations (TV8 & Plum TV) which increased spa awareness throughout the valley. Responsibilities: management of payroll, budgeting, and forecasting; creation of sales and marketing promotions; management of 20+ spa employees, purchasing, and inventory; management of spa software operation and spa web page; management of over 10,000 square feet of fitness area, outdoor pool, hot tub area, locker room area (steam, sauna, showers), and six treatment rooms. The Golden Leaf Spa at the Vail Marriott 715 W. Lionshead Cir., Vail, CO 81657 (970) 476 -4444 Spa & Fitness Director April 2007 — October 2007 The Vail Marriott is a AAA Four Diamond resort located only 150 yards fro m the Eagle Bahn Gondola in Lionshead. It has 283 guest rooms, 61 sprites, 21,000 sq. ft. of meeting space, and a 10,000 sq. ft. eight treatment room spa that contains a pool, hot tugs, fitness facility and locker rooms. Accomplishments. implemented the spa's most successful off - season discount program which doubled off- season revenue, created successful `free retail with spa service' package promotion which moved over $2,000 worth of stagnant retail inventory, supervised installation of new Micros point-of-sale hardware and software, and supervised $100,000 upgrade ofrlocker rooms. 3/16/2010 \n 4 -2 -3 \n Brian M. Dalrymple Page 2 of 2 Responsibilities: payroll, staff management, budget, marketing promotions, purchasing, and inventory. Garden of the Gods Club Spa 3320 Mesa Road, Colorado Springs, CO 84904 (719) +632 -5541 Spa & Fitness director June 2006 - April 2007 The Garden (?f the Gods Club is a private club and lurury residential community that has a 27 -hole championship golfcourse with l8" go y'cottages and 69 ledge rooms and .suites. The 11000 sq. ft. spa and fitness facility has eight treatment rooms, a full service hair salon, fitness equipment and aerobics classes. Accomplishments: • Hired in June of 2006 after the spa and fitness facilities had been without a director For 6 months. Directed payroll concessions to overcome 6 months of payroll errors_ Completed overdue reviews of 20-x- employees and completely overhauled the point -of- -sale SKU codes which resulted in better inventory and revenue tracking for retail and spa services. • Marketing accomplishments: created network with food and beverage, rooms and catering departments on ways to better market to in -house groups; created `concierge commission program' to reward local concierges for referring business; created a database of over 1000 email addresses of spa members and guests for a new monthly spa newsletter; and developed `corporate spa wellness days' for local big businesses, including Verizon, Agilent Technologies, and Shields Real Estate. Responsibilities: payroll, management of staff and private fitness membership, budget, marketing promotions, purchasing and inventory. Aria Spa & Club at the Vail Cascade Resort 1300 Westhaven Dr. Vail, CO 81657 (970)- 476 - 741)0 Spa Supervisor/Lead Massage Therapist December 2000 — April 2006 Aria Spa & Club is a 78,000 sq. fi. facility that is part of the AAA Four Diamond Vail Cascade Resort and Spa. The facility contains the award winning .Aria Spa, which is a 10, 000 srl. fl., 14 treatment room, , full - service spa. Accomplisbments: Hired initially as massage therapist, promoted to lead therapist within 8 months and opened the newly remodeled Aria Spa & Club ($4 million remodel project) in {October 2001. Received the Vail Cascade's `Peak Performer' award for 2001. During tenure as lead therapist, Aria was voted 'best massage' in the Vail Valley in 2002, 2003, and 2004. Promoted to spa supervisor in 2004 and helped Aria Spa achieved its first million dollar gross in the same year. Also reorganized the body treatment product distribution per treatment which led to a 30% decrease in professional product usage. Responsibilities: Budget and forecasting; purchasing and inventory; management of 45+ therapists which included hiring, training, evaluating, scheduling, and disciplining, as well as organizing and teaching continuing; education sessions for therapists to learn new modalities. Edu cation, Training and Relevant Positions • Bachelor's degree in biology, The American University, Washington D.C. (magna cum laude) 1994 • Massage diploma, The Institute of Therapeutic Massage and Movement, Nashville, Tennessee (1997), and The New Zealand School of Massage, Auckland, New Zealand (1996) • Member of the [SPA Technology Task force (2008- 2009) • President of Gore Greek Meadows Home Owners Association (2006- present) • Current starting center for LYS.A. Classic Eagles over 33 Rugby MAWR2008- present} 4 -2 -4 \n 16 Vail Road Vail, CO 81657 March 30, 2009 To Whom It May Concern; As General Manager at the Vail Plaza Hotel & Club, I interviewed and hired Brian Dalrymple to be the Vail Plaza Hotel & Club spa director. He was chosen because of his overall knowledge of the spa industry and my trust that he would have the spa turn key for our planned opening of late 2007. Since his first day of employment, Brian demonstrated that he is a natural leader and is readily accepted by all who interact with him. He was given the Nearly impossible task of opening our spa and fitness areas starting with only the name of the spa and the square footage allocated to the facility, and to have it open and ready for business within 10 weeks of being hired. He accepted this challenge with determination and produced an amazing result in this short amount of time. He was also given a very tight opening budget and was successful in adhering to it. Brian was committed to our culture at the Vail Plaza, and this was very apparent in his interactions with his peers and with our guests. His hard work, dedication, and passion for our resort were brought to my attention not only by directors from other departments, but also by his employees, our timeshare owners, and hotel guests. Brian has the ability to see the big picture, which allowed him to create innovative projects that ensured the future success of our resort. He also paid attention to detail, which kept our spa and fitness areas inviting and productive. Brian's selfless behavior also helped our resort and spa become very prominent members in the volunteer and charitable communities in the Vail Valley. Brian personally started our voluntary community service partnership with the Vail Valley Medical Center. Brian is passionate about what he does and strives to be the best for his own personal satisfaction. He exemplified our service and guiding principles, and I truly believe his personal vision paralleled the vision of our resort. He is a role model to his peers and the "liaison" that all resort properties desire to have. It has been great working with Brian and 1 enthusiastically recommend him as a charismatic and organized manager and productive team player. Sincerely, Connie Dorsey General Manager, Vail Plaza Hotel & Club \n 3/16/2010 \n 4 -2 -5 \n Michael R. Dantas 1936 West Gore Creek Dr. Vail, CO 81657 Lorelei Donaldson, I would like to apply for a third term on the Vail DRB. Thank You Mike Dantas Dantas Builders, Inc 970 -376 -5444 \n 3/16/2010 \n 4 -2 -6 \n PETER B DUNNING 1461 GREENHILL COURT VAIL, COLORADO 81+657 February 28, 2010 Town of Vail Members of the Town Council I have served on the Design Review Board for a little less than six years, the last two and a half years as Chairman. Now I ask you to reappoint me to another two year term which will be my last as I would be terra limited. I have had a chance to work with the various design guidelines, development standards, master plans and the DRB's relationship to the Vail Town Code. Together with staff there has been an understanding of the responsibilities and challenges of the Design Review Board. With the upcoming development plans of Ever Vail and Timber Ridge, my experience can be useful. The activity and the relationships developed have been rewarding. I would like to continue and to have the opportunity to work for the new council. Sincerely, \n 3/16/2010 \n 4 -2 -7 \n Vail Town Council 75 South Frontage Road Vail, Co 51657 Vail Town Council M name is Rollie ICjesbo and I would be interested in serving on the TOV Design Review Board. As you know I have served on the Planning Commission for the last 8 years and I am still interested and concerned with the continuing redevelopment in the town of Vail. Thanks you for your consideration Roland J Kjesbo \n 3/16/2010 \n 4 -2 -8 \n Page 1 of 1 Diana Mathias To: Idonaldson@vailgov.com Subject: Design Review Beard Town of Vail Dear Lorelei, I would like to put my name forward as a candidate for the Town of Vail Design Review Board. I moved here in December 1980 and have been resident in Vail since then except for 1995 -1997 when I moved away. I work full time for Slifer Smith and Frampton Real Estate in Lionshead, whilst also living close by in Sandstone. My daily work keeps me involved in property and gives me an incentive to care about development, design and the future of our town and valley. I also believe in giving back to the community which gives us so much. I have served in the past on the Design Review Board and am very willing and motivated to do so again. I would very much like the chance to present myself as a candidate to the Town Council. Kind regards, Diana Diana Mathias Slifer Smith and Frampton Real Estate 531 East Lionshead Circle, Suite 11 Vail, Colorado 81657 USA 970 479 2009 direct line 970 4716000 cell 866 271 2733 efax Director of the Vail Board of Realtors www.myvaiimountainhome.com www.4918nieadowdrive.rorn www.295OBoothCreekDrive.com www. ove rl oo katya i 111. co m \n 3/16/2010 \n 3/1/2010 4 - 2 - 9 \n ELIZABETH PLANTE 2475 Garmisch Drive Unit One Vail, CO 81657 970 - 390 -5154 March 1, 2010 To Vail Town Council, I, Elizabeth Plante, would like to reapply for another term on the Design Review Board. I have successfully completed one full term as well as a three month parcel term my first induction being November 2007. Since my induction, I have attended all meetings and know I have given fair input on applications submitted to the DRB. I have studied the codes and become familiar with what is expected from the DRB and its process. Every meeting I learn something new and am enjoying Tieing part of the board and contributing to our town. I hope you would consider me again for the Design Review Board because of my experience, dedication and interest in Vail's future. Sincerely, r� - Elizabeth Plante \n 3/16/2010 \n 4- 2 -10 \n PEC \n 3/16/2010 \n 4 -3 -1 \n Mauch 3` 20110 To whom it may concern, My name is Brian Dalrymple and I would like to be considered to serve on either the Design Review Board or the Planning and Environmental Commission. I recently saw in the Vail Daily that these positions were available, and as an active member of the community I thought it would be educational, exciting, and fun to serve on either the Board or the Commission. I have been a Vail valley resident since 1998, and a Vail homeowner since 2001. 1 currently own a condo, my primary and only residence, at Gore Creek Meadows in East Vail. Although I was laid off from my spa director position at the Vail Plaza Hotel & Club last March due to their bankruptcy, I have gone back to doing massage therapy at the Vail Cascade Club (Aria spa) in the meantime while I search for other management positions in the valley. I think 1 would make a valuable asset to the PEC or the DRS because of my commitment to community, my keen vision for architectural planning and awareness, and my ability to work amicably and respectfully with people whom I agree and disagree with on many subjects. My tenure as a board member and presiders at Core Creek Meadows HOA has been filled with many challenges such as; an embezzlement (immediately before my purchase of my condo) of $200,000 from our reserves that was never recovered, revamping of our pool/hot tub area, design and implcrrxentation of our $10)0 },00)0D+ landscaping plan, review of all owner requests for architectural upgrades to their respective units, and planning quarterly (and sometimes monthly) board meetings and annual owners meetings_ I have learned that while I may have strong feelings about certain ideas, and sometimes these feeling may be at odds with board members and/or owners, it's very important to maintain an open and objective mind in order to achieve progress on any level. Unlike many condo owners, I have actually enjoyed my time on the Gore Creek Meadows Board and I look forward to serving our 52 owners for many years to come. It seems to me that serving on either the DRB or the PEC would be a logical and educational `next step' for me in my life in Vail. Attached to this email you will find my resume as well as a letter of recommendation from my most recent General Manager, Connie Dorsey, from the Vail Plaza Hotel & Club. Thank you very much for your time and I look forward to hearing from you soon. Sincerely, Brian Dalrymple 970 -3901 -6533 bri and a l (a) yahoo. c om \n 3/16/2010 \n 4 -3 -2 \n 5020 Main Gore Place Brian McKeith Dalrymple Unit D7 Vail, CO 81657 briandal(al.jahoo.com Pounder - Rocky Mountain Spa & Fitness Directors Association 970 -390 -6533 Member - International Spa Association Professional Experience Sorrento Spa at the Vail Plaza Hotel & Club 16 Vail load, Vail, CO 81657 (970) 477- 8000 Spa & Fitness Director October 2007 - March 2009 Vail Plaza Hotel & Club is a four star resort in the heart of Vail with 100 guest rooms and 38 multi- bedroom club ,units available for fractional ownership. Its outlets consist of three restaurants and a 10, 000 sq. ft. spa and fitness facility with 6 treatment rooms, three outdoor Jacuzzis and a,pool. Accomplishments: • Successfully opened Sorrento Spa within 10 weeps of being hired, meeting corporate deadline of new hotel's opening on December 15, 2007. Opening achievements included designing spa's vinotherapy concept to match the hotel's Italian/Tuscan theme; created spa menu of 60+ treatments using three different skin care lines, with 40% of the treatments involving vinotherapy; created competitive commission and payroll structure to attract quality staff; recruited, hired, and trained 20+ staff members; implemented spa software program; and selected and oversaw installation of $100,000 of spa equipment.. • Financial highlights: gross revenue over $500,000 in first fiscal year, which exceeded targeted revenue by 5 %n, was within 2 % of pre- opening forecasted operating budget, consistently kept retail cost of sales below 60%, maintained retail sales at $3,00045,000 per month, and implemented on -line gift certificate sales program, which increased gift- certificate sales by 65 %. • Improvements since opening: implemented `green' housekeeping policies; created installation of digital lock system in locker rooms; installed view -only scheduling computer for therapists; created `employee of the month' and `retail sales reward' programs which increased retail sales 15 %, created `concierge commission program' to reward local concierges for referring business which increased non -hotel guest business levels by 50 %n, and promoted spa through regular personal appearances on local television stations (TV9 & Plum TV) which increased spa awareness throughout the valley. Responsibilities: management of payroll, budgeting, and forecasting; creation of sales and marketing promotions; management of 20+ spa employees, purchasing, and inventory; management of spa software operation and spa web page; management of over 10,000 square feet oli fitness area, outdoor pool, hot tub area, locker room area (steam, sauna, showers), and six treatment rooms. The Golden Leaf Spa at the Vail Marriott 715 W. Lionshead Ci ,, Vail, CO 81657 (970) 476 -4444 Spa & Fitness Director Aril 2007 — October 2007 The Vail Marriott is a AAA Fora Diamond resort located only 150yarilsftom the Eagle Bahn Gondola in Lionshead. It has 283 guest roomy, 61 suites, 21, 000 sq. ft. of meeting Ypace, and a 10, 000 sq. ft. eight treatment room spa that contains a pool, Trot tubs, fitness facility and locker rooms. Accomplishments: implemented the spa's most successful off - season discount program which doubled off- season revenue, created successful `free retail with spa service' package promotion which moved over $2,000 worth of stagnant retail inventory, supervised installation of new M icrc s point-of-sale hardware and software, and supervised $100,000 upgrade ofiocker rooms. 3/16/2010 \n 4 1 3 -3 \n Brian M. Dalrymple Page 2 of 2 Responsibilities: payroll, staff management, budget, marketing promotions, purchasing, and inventory. Garden cif I lie Gods Club Spa 3320 Mesa Road, Colorado Springs, CO 80904 (719) 632 -5541 Spa & Fitness Director ,tune 2006 - April 2007 The Garden of the Gods Club is a private club and luxury residential community that has a 27 -hale championship golf course with 18 golf cottages and 69 lodge rooms and suites. The 11000 sq. ft. spa and fitness facility has eight treatment rooms, a full service hair salary, fitness equipment and aerobics classes. Accomplishments: • Hired in June of 2006 after the spa and fitness facilities had been without a director for 6 months. Directed payroll concessions to overcome 6 months of payroll errors. Completed overdue reviews of 20+ employees and completely overhauled the point-of-sale SKU codes which resulted in better inventory and revenue tracking for retail and spa services. • Marketing accomplishments: created network with food and beverage, rooms and catering departments on ways to better market to in -house groups; created `concierge commission program' to reward local concierges for referring business; created a database of over 1000 email addresses of spa members and guests For a new monthly spa newsletter; and developed `corporate spa wellness days' for local big businesses, including Verizon, Agilent Technologies, and Shields Real Estate. Responsibilities: payroll, management of staff and private fitness membership, budget, marketing promotions, purchasing and inventory. Aria Spa & Club at the Fail Cascade Resort 1300 Westhaven Dr. Vail, CO 81557 (970)-476 -7400 Spa Supervisor/Lead Massage Therapist December 2000 — April 2006 Aria Spa & Club is a 78,000 .sq. ft. facility that is part of the AAA Jour Diamond Vail Cascade Resort and Spa. The facility contains the award winning Aria Spa, which is a 10,000 sq. ft., 14 treatment room, full - service spa.. Accomplishments: Hired initially as massage therapist, promoted to lead therapist within 8 months and opened the newly remodeled Aria Spa & Club ($4 million remodel project) in October 2001. Received the Vail Cascade's `Peak Performer' award for 2001. During tenure as lead therapist, Aria was voted `best massage' in the Vail Valley in 2002, 2003, and 2004. Promoted to spa supervisor in 2004 and helped Aria. Spa achieved its first million dollar gross in the same year. Also reorganized the body treatment product distribution per treatment which led to a 30% decrease in professional product usage. Responsibilities: Budget and forecasting; purchasing and inventory; management of 45+ therapists which included hiring, training, evaluating, scheduling, and disciplining, as well as organizing and teaching continuing education sessions for therapists to learn new modalities. Education, Training and Relevant Positions • Bachelor's degree in biology, The American University, Washington D.C. (magna cum laude) 1994 • Massage diploma, The ;Institute of Therapeutic Massage and Movement, Nashville, Tennessee (1997), and The New Zealand School of Massage, Auckland, New Zealand (1996) • Member of the ISPA Technology Task Force (2008 -2009) • President of Gore Creek Meadows Home Owners Association (2006- present) • Current starting center for LkS.A. Classic Eagles over 33 Rugby - Pjp - present) 4 -3 -4 \n 16 Vail Road Vail, CO 81657 March 30, 2009 To Whom It May Concern: As General Manager at the Vail plaza Hotel & Club, I interviewed and hired Brian Dalrymple to be the Vail Plaza Hotel & Club spa director. He was chosen because of his overall knowledge of the spa industry and my trust that he would have the spa turn key for our planned opening of late 2007. Since his first day of employment, Brian demonstrated that he is a natural leader and is readily accepted by all who interact with him. He was given the nearly impossible task of opening our spa and fitness areas starting with only the name of the spa and the square footage allocated to the facility, and to have it open and ready for business within 10 weeks of being hired. He accepted this challenge with determination and produced an amazing result in this short amount of time. He was also given a very tight opening budget and was successful in adhering to it. ,Brian was committed to our culture at the Vail Plaza, and this was very apparent in his interactions with his peers and with our guests. His hard work, dedication, and passion for our resort were brought to my attention not only by directors from other departments, but also by his employees, our timeshare owners, and hotel guests. Brian has the ability to see the big picture, which allowed Turn to create innovative projects that ensured the future success of our resort. He also paid attention to detail, which kept our spa and fitness areas inviting and productive. Brian's selfless behavior also helped our resort and spa become very prominent members in the volunteer and charitable communities in the Vail Valley. Brian personally started our voluntary community service partnership with the Vail Valley Medical Center. Brian is passionate about what he does and strives to be the best for his own personal satisfaction. He exemplified our service and guiding principles, and I truly believe his personal vision paralleled the vision of our resort. He is a role model to his peers and the "liaison" that all resort properties desire to have. It has been great working with Brian and I enthusiastically recommend him as a charismatic and organized manager and productive team player. Sincerely, Connie Dorsey General. Manager, Vail Plaza Hotel & Club \n 3/16/2010 \n 4 -3 -5 \n March 3, 2010 Vail Town Council: I'm writing to express my interest in serving on the Town of Vail's PEC. I look forward to discussing my qualifications and your expectations at the March 16th Town Council Meeting. Thanks for your consideration. Sincerely, Al l.- -- Mark Gordon 970 -331 -5821 markgordonvail@yahoo.com yahoo.com \n 3/16/2010 \n 4 -3 -6 \n Ly ili Pie r ; hi(ect W FRITZLLN PIERCE A Willi F. An hitect Kathy H,eslhip, Business Manager VAIL, COLORADO February 26, 2010 Vail Town Council Attn. Lorelei Donaldson, Town Clerk 75 S. Frontage Road Vail CO 81657 RE: Appointment to the Planning and Environmental Commission Town Council Members I would like to request that the Town Council Kermit me to continue my service to the community as a member of the Planning and Environmental Commission. I have served as a member of the Planning Commission for the past four years and have gained valuable insight into important issues facing the community. As an Architect with a practice in the Town of Vail l am familiar with the Town's zoning regulations. My association with the "Private Sector" also broadens my perspective on subjects that will have a long term influence on Vail. In addition to my involvement with the Planning Commission 1 have served six years as a member of the Design Review Board for the Town of Vail in the 1980's. I was the Design Review Board Administr,� hen the Design Review process was initiated in the Town of Vail in the 1970's and kaserved�as Yef Building Official of the Town of Vail from 1976 to 1978. /Res ce, Architect FRITPLEN 165t) East Vail Valley Drirc, Fallridp C -1, Vail, Colorado 81 ( P: 970.4'6.6342 F: 970.476.001 L: inioCaNailarchitects.com ..�» • WW%V,vaihaTd1i10:1t,.ctxrl \n 3/16/2010 \n 4 -3 -7 \n Page 1 of l Lorelei Donaldson - interest inheincg on the PEG From: To: Date: 2/3/2010 1 2:47 PM Subject: interest inbeing on the PEC Lorelei, Please put me on the list of persons interested in being on the PEC. I would hope that my experience is self evident; local architect, 30 year resident, business owner, past PEC member (including time served on the DRB as was required of the PEC at that time), and occasional writer of letters to the Staff and the Council. Thanks, Henry Henry Pratt teL970.876.1147 Fm. 970.17& 1612 Gwalhtrley Pratt Schultz Lindall Architects, P 1000 3euth Fr*rAu" Rued W asl, Suiln i Or2 ■ Vail, C081657 www gpslarchitgcts.com \n 3/16/2010 \n file: / /C: \poctlrnents and Settings \AdministratorTocal SettingsJemp \XPgrpwise \4B697052... 3/4/2010 March 1, 2010 Vail Town Council 75 S. Frontage did. Vail, CO 81657 Attn. Lorelei Donaldson, Town Clerk. Dear Members of the Council: As a current member of the Town of Vail °s Environmental and Planning Commission, I respectfully request consideration for reappointment to the PEC in March 2010. 1 hope that you will find my contribution to the Planning and Environmental Commission over the past two years has been valuable to the Commission and to the Town of Vail. I hold a Masters in Public Administration with a specialization in Policy Analysis from New York University. Prior to my graduate studies, I began my career in Washington, DC working on Energy and Environmental policy. My work focused largely on energy efficiency including new technologies to improve the Transmission and Distribution of Electricity. This included working with town planners, managers, builders and building code inspectors to discuss alternative heating and energy options for remote facilities in areas such as Alaska and Eastern Long Island. I have attached my resume for your consideration. I value the experience I have gained through serving on the PEC. Since my term began, a number of significant projects have been introduced. I would very much like to see these projects through to completion. Furthermore, my particular combination of education and policy experience allow me a uniquely different perspective than many of my fellow commissioners. It is the combination of our unique experiences that lend balance to many of the complex issues were are asked to consider. Please contact me if I can provide any additional information. Again, thank you for the opportunity to serve on the Planning and Environmental Commission.. Sincerely, Sarah Robinson- Paladino \n 3/16/2010 \n 4 -3 -9 \n TYLER L. SCHNEIDMAN, J.D., LL.M. 145N Frontage Rd W A302, Vail, CQ vailvalleylaw@gmail.com (970) 331 -2406 February 15, 2010 Vail Town Council Attn. Lorelei Donaldson Town Clerk 75 S. Frontage Rd., Vail, CO 81657 RE. Planning and Environmental Commission Vacancy Dear Vail Town Council, I am extremely excited to resubmit my application for a volunteer position on the Planning & Environmental Commission. As both a long time resident and practicing attorney, I know l can continue to provide a wonderful skill set and thoughtful perspective to the Vail PEC. As a Vail Valley resident since 1994, 1 have seen tremendous change sweep through all parts of this community. While it is an ongoing challenge to balance the growing needs of a world - renowned resort against the traditional desires of a small mountain town, every decision no matter how big or small affects the future of our wonderful valley and must be approached with sincerity and intelligence. Current proposals such as Ever Vail and the Timber Ridge redevelopment illustrate this need further and demand the dedicated attention of only the most qualified TOV representatives. A 1998 Battle Mountain High School graduate, I have deep local ties to the valley and friends in all walks of life. My father owned and operated a well -known local business (Eclipse Television & Sports Marketing) for many years so I am also familiar with the yearly pressures that face community business members. Finally, as a practicing attorney specializing in tax law, I am used to analyzing intricate regulations and applying them to real world facts. Since the PEC is a quasi-judicial commission charged with enforcing specific elements of the Town Code to a wide array of development applications, I think I am perfectly positioned to assist the PEC in determining compliance and issuing variances where the intent and characteristics of the application align with TOV guidelines. I have already learned a tremendous amount in my brief time on the PEC and am just starting to become comfortable with my responsibility to speak into a microphone on official record] Having a now detailed knowledge of the major applications in front of the TOV, I could truly hit the ground running in my next term and build on the issues discussed in recent PEC meetings. Thank you very much for your time and consideration. I would love the chance to again interview and express my profound desire to be reappointed to a seat on the TOV Planning & Environmental Commission. I will look forward to hearing from you soon. Very truly yours, Tyler Schneidman, J.D., LL.M. \n 3/16/2010 \n 4- 3 -10 \n TYLER L. S►CHNEIDMAN, J.D., LL.M. 145N Frontage Rd W A302, Vail, CO vailvalleylaw@gmaii.com (970) 331 -2406 EXPERIENCE - HIGHLIGHTS January 2010 to present Phillips & Associates, PC, Vail, CO, Tax Slgff Tax Staff for a well -known and established tax and accounting practice in Lionshead. Primary duties involve federal and state compliance tasks associated with a diverse and sophisticated client base. Position requires advanced tax and accounting knowledge related to the creation of financial statements, review of accounting documents, organization of client records, and input of data into complex tax software. May 2008 to October 2008 Novosad, Lyle & Associates, PC, Avon, CO, Tux Attorney Involved in a dual role as tax attorney and tax accountant responsible for both complex tax research and legal consulting as well as all areas of federal and state compliance. Legal tasks included compiling a new employee handbook, restructuring employment policy, advising on the office lease, and detailed memorandums on defined benefit plans and US corporations with foreign ownership. Compliance tasks included the execution of numerous corporate, partnership, and individual federal returns and supporting forms including 1120 and 1120S, 1065, 1120H, 1040, 4562, and 8582, as well as providing general accounting support in the reconciliation of balance sheet and income statement items. August 2007 to April 2008 Eclipse Television & Sports Marketing, LLC, Vail, CO, Ira -House Counsel Hired as in -house counsel to advise on numerous issues including race course liability, television production agreements, sponsorship contracts, and intellectual property protection. Analyzed the tax implications of a potential company sale to an unafEEliated Idaho corporation. Prepared and executed a national prize sweepstakes for the largest professional ski series in North America including creating materials and consulted on all aspects of the promotion such as official rules, on -site participation, and internet regulation. EDUCATION University of Denver, Strum College of Law, Denver, CO LL. M. in Taxation, August 2006 to August 2007 Emphasis in Corporate Transactions, Partnerships, and Individual Tax Planning Nova Southeastern University, Shepard Broad Law Center, Ft. Lauderdale, FL Janis Doctorate, August 2002 to May 2005 Emphasis in transactional law including document drafting, corporate finance, and business negotiation. Study Abroad: UNC" at Chapel Hill summer abroad program in international business transactions, Sydney, ALTS Colorado State University, Ft. Collins, CO B.S. in Bu.- siness Administration, August 1998 to June 2002 Concentration in Marketing with an emphasis in strategic planning and sports management, Sigma Alpha Epsilon BAR MEMBERSHIPS Colorado, July 2006 Florida, July 20+05 ORGANIZATIONS Town of Vail Planning and Environmental Commission COMPUTER SKILLS Proficient in numerous MS applications including Word, f owerPoint, Outlook, and Excel, highly trained in the use of legal research programs such as Westlaw, Lexis- Nexis, and RIA Checkpoint HOBBIES AND INTERESTS Lifelong competitive tennis player and scratch golfer with experience in professional events Certified ski & snowboa.rd instructor for Ydil Mountain Snowsports School 3/16/2010 \n 4- 3 -11 \n 'OWN OF VAM . VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: March 16, 2010 ITEM /TOPIC: Vail 360: Designing the Next Chapter of the Vail Economy. PRESENTER(S): Beth Slifer, Chair, Vail Local Marketing District Advisory Council BACKGROUND: Beth Slifer will give an update on market conditions in the mountain resort industry coupled with the research conducted by Reach Advisors to identify a long -term strategy for a third economy for Vail. In addition, gaps in existing facilities will be identified that keep Vail from achieving a world -class guest experience. Beth will answer questions from the Town Council and the community. ATTACHMENTS: Vail 360 Designing the Next Chapter of the Vail Economy \n 3/16/2010 \n 'IT"UWN OF VAS VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: March 16, 2010 ITEM /TOPIC: Vail 360: Designing the Next Chapter of the Vail Economy (40 minutes) PRESENTER: Beth Slifer, Chair, Vail Local Marketing District Advisory Council BACKGROUND: Beth Slifer will give an update on market conditions in the mountain resort industry coupled with the research conducted by Reach Advisors to identify a long -term strategy for a third economy for Vail. In addition, gaps in existing facilities will be identified that keep Vail from achieving a world -class guest experience. Beth will answer questions from the Town Council and the community. ATTACHMENTS: Vail 360: Designing the Next Chapter of the Vail Economy 75 S. Frontage Road, Vail, CO 81657 p. (866) 650 -9020 (970) 479 -2100 \n www.vailgov.com 3/16/2010 \n 5 -1 -1 \n VAIL 360: Designing the Next Chapter of the Vail Economy Highlights from James Chung and Reach Advisors Presented to Vail Economic Advisory Council March g, 201.0 REACT i ADVISQRS \n 3/16/2010 \n 5 -1 -2 \n The last decade the Vail economy was driven by: • Skiing • Real Estate Second home buyers and skiing participants are declining M C- AQVISORS \n 3/16/2010 \n 5 -1 -3 \n The crux of the issue • How much of the skiing and real estate /redevelopment economy is cyclical vs. structural? • Bottom line: Prudent to cultivate third leg of the Vail economy M C- AQVISORS \n 3/16/2010 \n 5 -1 -4 \n The future of the Vail economy? • What other sectors have ability to become the third leg: — Leverage Vail assets? — Balance Vail economy? — Fit with desired customer base? ...and ride structural tailwinds ahead while the core of the Vail economy navigates headwinds M C- AQVISORS \n 3/16/2010 \n 5 -1 -5 \n WHAT CONSUMERS PERCEIVE... WHAT THEY WANT TO SEE REAC- AQVISORS \n 3/16/2010 \n 5 -1 -6 \n Consumer perceptual analysis findings... • Surveyed 1549 mountain vacationers in 2008, in -depth with 42, interviews with 44 local stakeholders — Perceived as sophisticated mountain resort • But Vail capturing less than its share of economic value from summer brand — Historically below- average occupancy for comp set (although stronger in summer 2009) — Slightly below average room rate versus mountain competitors REACT i ADVISQRS \n 3/16/2010 \n 5 -1 -7 \n What desires did higher- income summer mountain vacationers have? • Far more likely than others to want to spend time on vacation: — Developing skill or hobby + help children do the same — Taking classes /clinics /workshops on vacation to pursue those passions • But... — No resortjumped out as one that they felt helped them deepen their desired pursuit of their passions — If they could, it would not fit the rest of the family's interests — Would strongly prefer resort that made it easy to satisfy their passions and family enjoyment M C- AQVISORS \n 3/16/2010 \n 5 -1 -8 \n ...what did higher- income summer mountain vacationers want? • Almost 8o% of their passions they wished to cultivate on vacation were: — Outdoor sports — Health /wellness — Arts /culture ...all things Vail (can) deliver at world -class levels M C- AQVISORS \n 3/16/2010 \n 5 -1 -9 \n Consumer perceptual analysis gaps • Fundamentally lacks summer brand identity that creates a brand premium • Also lacks summer facilities that create anchor for visitation and complement what consumers want — Possible exceptions: Ford Amphitheater, the mountain (if more accessible) M C- AQVISORS \n 3/16/2010 \n 5 -1 -10 \n Yet... Vail has deeper summer assets than most ski resorts • Incomparable brand reputation... borrowed winter brand equity • Significant infrastructure... underutilized in the summer • Quantity and quality of bed base... rapidly increasing • Unique community that knows how to deliver world -class resort services and experiences in the winter that can be applied to summer • Vail ambassadors... local elite athletes and renown medical professionals with potential to build national programming • Quality events (e.g. Teva, Bravo!, Vail International Dance, Vail Jazz)... which are contributing to growing national awareness of summer Vail REACT i ADVISQRS \n 3/16/2010 \n 5 -1 -11 \n Riding structural tailwinds: Who's outperforming in the `new reality' • In an examination of consumer companies with double -digit sales increases in 2oog, highest correlating factor was ... outdoors/fitness • Fitness - oriented health spending outperformed other discretionary health spending • Fitness - oriented products within multi - product companies outperformed their other products • Outdoor fitness outperformed indoor fitness • Fitness - oriented outdoor sports outperformed less fitness - oriented activities RT i AD EAC VISORS \n 3/16/2010 \n 5 -1 -12 \n Generation X grown up (30's and 40's) Post -Title IX era — Greater access to sports growing up • — Emergence of women as peers in sport • Dramatic shift away from gender- segregated sports • Greater engagement with children in outdoor recreation than seen in past k Wellness = fitness , y Source: US Census Bureau, Center for Disease Control, Reach Advisors analysis REACH ADVISORS \n 3/16/2010 \n 5 -1 -13 \n Major shifts underway: 2009- 2010 i) Seeing indications of major shifts in fitness /wellness accelerated in 2009 2) Fitness /wellness category where we see increased discretionary spending... it's what consumers are using to justify discretionary spending 3) Fitness /wellness replacing luxury as the new marker of wealth 4) More than a short -term reaction to the markets... but rather a long -term fundamental shift due to: Changing patterns of wellness driven by Boomers Changing patterns of fitness nowthat the majority of American women are post Title IX Source: Reach Advisors study Summer 2009 PIP ADVISORS \n 3/16/2010 \n 5- 1 -14 \n 2010s: Decade of TOTAL Wellness VO; . p it i I' t� REACH ADVISORS \n 3/16/2010 \n 5- 1 -15 \n What does this mean? • Consumer trends clearly moving toward the Decade of Total Wellness — Fundamental decade shift, not short -lived fad — The average American slow to follow, making it a shift that others haven't noticed... ...but shifts accelerating rapidly among those with higher education /income • The Decade of Total Wellness is about pursuit of passion ... not a pill • Structural tailwinds that Vail can /should own before anyone else does REACI i ADVISQRS \n 3/16/2010 \n 5 -1 -16 \n Key takeaways • Brutal environment today... not going to be a cakewalk in the future either — Winds of Vail economy clearly changed from tailwinds to headwinds • Emerging tailwinds can leverage Vail's assets well... ...and attract the customer that Vail wants • Opportunity to swipe market share ... if Vail establishes itself as the leader before other resorts recognize the fundamental shifts underway REACT i ADVISQRS \n 3/16/2010 \n 5 -1 -17 \n w VAIL 360 : Designing tl�e .Next r chapter of the Vail Econmy VLMDAC Like n ot hi n g • • • What is VAIL 360 • An umbrella phrase to convey the goal of enhancing the Vail year - round brand • Targeting highly desirable destination guests to engage in world - class outdoor recreation, health /wellness pursuits and cultural events, for individuals, their families and groups • VAIL 360 suggests a holistic approach to personal fulfillment and healthy experiences • VAIL 360 ° uses all of our assets, people and experience to provide a holistic destination for outdoor recreation, personal wellness and cultural vitality w • 1 1 F Recent History of Vail's Economy 1985 The Economic Development Commission reported on the state of Vail's economy. Times were similar to 2010. Real Estate was depressed and non -ski business was static. The report concluded Vail's best opportunities were to attract group business and that Vail needed to improve and adapt existing facilities to accommodate groups in the summer, spring and fall. • 1 1 1 F Recent History of Vail's Economy 2008 The VLMDAC hired Reach Advisors to gather research and to help us identify who we are and who we need to be to have a year- round, first -rate brand. The answers lay in combining our assets with the things that mountain travelers want but have not found. James revealed we have the capability to be known for excellence in three categories: culture, outdoor sports /recreation and health /wellness. At the same time, the VLMDAC and the Vail Valley Partnership identified opportunities to increase "heads in beds" by recruiting participatory sports events for youth and their families. w • 1 1 Recent History of Vail's Economy 2009 Existing organizations have done and are doing well in the area of culture and performing arts. Research directed VLMDAC efforts toward outdoor sports /recreation and health /wellness. We began pursuing partners who would help enhance our identity as a mecca for outdoor recreation and health /wellness. • 1 1 F Recent History of Vail's Economy 2010 We have achieved a few initial victories: • Carmichael Training Camp • Continuing medical education discussions with Johns Hopkins • Numerous participatory sports events booked for 2010, 2011, and 2012 • Working relationships with VVMC, Steadman Clinic and Howard Head Sports Medicine • Variety of outdoor sports camps in planning for 2010/2011 F Recent History of Vail's Economy 2010 We have achieved a few initial victories (cont'd): We have identified critical facilities gaps and coordination gaps to be filled to increase our opportunities for successful partnerships and group business for: Participatory sports Outdoor recreation enthusiasts Health /wellness enthusiasts Groups and associations who seek this environment More fans of the arts and culture VAIL 360 Facility Needs for Outdoor Recreation Health /Wellness Cultural Events Group Meetings of 1,000 or Smaller r Core Question What are the best and highest uses of the lodging /sales tax fund of $9.3 million to expand Vail Is opportunities for increasing "heads in beds" in all seasons? We believe the first priority is to fill needs and gaps by improving and adapting existing facilities. w • 1 1 I Filling Facility Gaps for VAIL 360 $9.3 MILLION IN LODGING /SALES TAX FUND WAS ORIGINALLY INTENDED TO INCREASE "HEADS IN BEDS" • Multiple facility gaps need filling to satisfy target markets and partnerships • Financial feasibility must be evaluated by outside expert hired by TOV • The more facilities included initially, the more the $9.3 million will have to be augmented with bonding, TIF dollars, or new tax • Costs should be estimated at $500 /sf including planning, architects, engineering fees, and construction, etc. • Prudent planning and beginning while economy is weak can result in lower cost per sf (e.g. Colorado Mountain College expansion of 34,000 sf at $12 million: $353/sf). VRD Priorities That Fit VAIL 360 Participatory sports and events - More playing fields for lacrosse and soccer • Now have 1 soccer field • Need and could have 2 soccer fields by move bathrooms and fences • Two soccer fields plus three softball fields create more space for festivals and concerts - More coordination and cooperation among VRD, CSE, Vail Mountain and WECMRD w • 1 1 VRD Priorities That Fit VAIL 360 Parking - Redesign 12th hole for 150 -200 spaces (shuttle from parking to recreation centers and elsewhere) Gathering place for outdoor sport camps, etc. - Running, cycling, hiking - Switch 18th green and clubhouse w • 1 1 V I VRD Priorities That Fit VAIL 360 RECREATOINAL NEEDS THAT FIT CURRENT CLUBHOUSE SITE Outdoor 6,000 sf 500 person pavilion for weddings, reunions, events and gathering place for sports camps Indoor 8,000 sf total interior space on ground level — 3,000 sf dining for 200 seat restaurant or 250 seat banquet — 1,000 sf catering kitchen and small snack bar — 1,000 sf for 8 bathrooms and lockers (70 half - lockers) — 2,000 sf Pro Shop / Nordic Center — 1,000 sf offices for VRD staff and pros pr� Group Business Space Priorities That Fit VAI L 360° • CME meeting space: 4 -6 rooms for up to 75 professionals with state -of- the -art AV technology • Meeting space for 1000 -1200 association members and guests • Flexible entertainment /event /banquet space for 1000 -1200 guests • Pre - function and exhibit space • Multi -use spaces for 600 people (2 spaces for 200, 300 or 400) for meetings, film festivals, lectures, entertainment, etc. • Elevated stage with wings and dressing rooms at one end of a 1000 person event space w • 1 1 Arts and Cultural Space Priorities That Fit VAI L 360° • Gallery /exhibition space • Theater spaces for film festival for 300 people • Indoor performance space for events such as the Jazz Festival for 150 and 400 — 500 guests • Indoor performance and practice spaces • 1 1 Facility Opportunities for VAIL 360° at Existing Locations Opportunities with existing locations • 35,000 square feet at Dobson second level • VRD expansion of current fields and clubhouse site Cost Estimates: 35,000 sf (excluding additional parking) X $500 /sf $ 17,500,000 8,000 sf indoor X $500 /sf + 6,000 sf outdoor x $150 /sf $ 4,900,000 Parking at 12th hole for 150 to 200 (surface spaces) $ 1,000,000 Expand from 1 to 2 soccer fields plus improvements $ 1,200,000 Total $ 24,600,000 w • 1 1 F Funding Sources • $9.3 million dollar lodging /sales tax fund • $15.6 million bonding, TIF Dollars and /or new tax • Parking funds from VRI and Town of Vail (VRI $4.3 million and TOV new bonds) • 1 1 pr� I n Conclusion... To meet the Town of Vail's goals of a vibrant, year -round economy, we need to pair our marketing efforts with improving and expanding existing facilities. • We have a $9.3 million nest egg to generate heads in beds • We have bonding capacity for at least $15 to $20 million • Next steps are up to the Town Council to respond to the first level of needs decisively, but prudently • It is imperative that we move quickly while we have the advantage and before copy cats enter this market 'OWN OF VAM . VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: March 16, 2010 ITEM /TOPIC: 2009 Year -end Investment Report. PRESENTER(S): Judy Camp ACTION REQUESTED OF COUNCIL: No formal action requested — information only. BACKGROUND: Section 2 -2 -8 of the Town Code requires an annual presentation of the town's investment report, which is also provided as a written report for each quarter. This agenda item is a presentation of the town's investment report as of December 31, 2009. STAFF RECOMMENDATION: None. ATTACHMENTS: 2009 Investment Report \n 3/16/2010 \n TOWN OF VAIL MEMORANDUM TO: Stan Zemler Council Members FROM: Judy Camp DATE: 4th Qtr 2009 RE: Investment Report Enclosed is the investment report with balances as of December 31, 2009. The estimated average yield for the pooled cash fund is .66 %. As of 12/31/09, the Treasury yield curves for 3 months, 6 months, and 1 year are 0.05 %, 0.17 %, and 0.37% respectively. TOV investments performed above these yields. Our investment mix follows the policy objectives of safety, liquidity, and yield in that order. 2009 Investment Mix $6.8M Gov't $4.6M Securities, Cash, 8% 11 0 0 $4.9M CD's, 8% $44.1 M Colorado Investment Pool, 73% Other than transfer of funds for operating uses, the Town added one CD at 1 st Bank totaling $1.0 million, with a 1 -year maturity. Please call me if you have any questions. \n 3/16/2010 \n 6 -1 -1 \n Town of Vail, Colorado Investment Report Summary of Accounts and Investments As of 12/31/09 2009 Balances Percentage Cash 12/31/09 of Total Commercial Banks $4,466,049 7.39% Money Market Funds $112,054 0.19% Total Cash $4,578,103 7.58% U.S. Government Securities (see page 5) Government Agency Seurities -Piper Jaffray $4,733,623 7.83% FNMA'S, GNMA'S, FHLMC'S & SBA'S - Dana $2,119,088 3.50% Total Government Securities $6,852,711 11.33% Certificates of Deposit $4,943,411 8.18% Colorado Investment Pools $44,088,432 72.92% Total Portfolio $60,462,657 100.0% Maturing Within 12 Months $55,729,033 92.17% Maturing Within 24 Months $806,057 1.33% Maturing After 24 Months $3,927,567 6.50% $60,462,657 100.0% Investments 12312009 \n 2 3/16/2010 \n 6 -1 -2 \n Performance Summary as of 12/31/09 Institution Average Balances Type of Accounts Return 12/31/09 "CASH" ACCOUNTS Commercial Bank Accounts: First Bank of Vail - Operating Interest 0.700% $4,466,049 Money Market Accounts: Schwab Institutional Money Market Fund - Dana Investments Interest and Balance 0.010% $70,597 Vail Super Now Public Funds Account - Piper Jaffray Interest and Balance 0.000% $41,457 Total Money Market Funds $112,054 Total "Cash" Accounts $4,578,103 GOVERNMENT SECURITIES (see pg 5) Government Agency Seurities -Piper Jaffray 2.28% $ 4,733,623 FNMA'S, GNMA'S, FHLMC'S & SBA'S - Dana 3.32% $ 2,119,088 $ 6,852,711 Total Government Securities $ 6,852,711 CERTIFICATES OF DEPOSIT 1st Bank, Vail Colorado ( #1313) Matures Nov 15, 2010 1.200% 1,001,701 Alpine Bank, Vail Colorado ( #26963) Matures Sept 15, 2011 2.600% 629,676 Alpine Bank, Vail Colorado ( #03054) Matures Sept 22, 2011 2.600% 1,006,986 Alpine Bank, Vail Colorado ( #19750) Matures Sept 7, 2012 4.400% 612,170 Alpine Bank, Vail Colorado ( #78222) Matures Nov 15, 2012 3.500% 1,004,061 Alpine Bank, Vail Colorado ( #19751) Matures Sept 7, 2010 4.100% 688,816 4,943,411 Total Certificates of Deposit $ 4,943,411 LOCAL GOVERNMENT INVESTMENT POOLS Colotrust General Fund Interest 0.280% $44,088,432 Total Local Government Investment Pools Accounts $44,088,432 Total All Accounts $60,462,657 Investments 12312009 \n 3 3/16/2010 \n 6 -1 -3 \n Government Securities as of 12/31/09 Days /Years Int Rate Purchase Maturity to Maturity Market Agency Broker Coupon Yield Date Date at Purchase Value ** *Federal Agency Discount Notes & Bonds * ** FHLB3133XR -QN -3 Piper Jaffray 3.450% 3.540% 10/24/2008 1/25/2010 1.3 $300,564 FFCB 31 S -TD -5 Piper Jaffray 4.440% 4.600% 7/22/1905 4/5/1910 4.7 $252,813 FHLMC 3128X7PE8 Piper Jaffray 3.160% 3.220% 4/29/2008 5/12/2010 2.0 $252,680 FHLB 3133XVBP5 Piper Jaffray 0.750% 0.750% 10/20/2009 4/13/2012 2.5 $249,923 FHLB3128X8YF3 Piper Jaffray 3.375% 1.370% 4/16/2009 5/7/2012 3.1 $501,690 FHLB 3133XU5Q2 Piper Jaffray 1.000% 1.000% 7/27/2009 7/27/2012 3.0 $500,155 FHLB 3133XM4R9 Piper Jaffray 5.050% 4.910% 6/2/2009 8/27/2012 3.2 $149,169 FHLB 3133XVF55 Piper Jaffray 1.000% 1.000% 10/20/2009 11/5/2012 3.0 $599,628 FHLB 3133XP3C6 Piper Jaffray 3.920% 3.990% 12/12/2008 1/29/2013 4.1 $180,450 FHLB 3133XKDM4 Piper Jaffray 4.900% 5.030% 2/26/2009 4/5/2013 4.1 $506,095 FHLB3133XVBWO Piper Jaffray 1.500% 1.510% 10/20/2009 4/29/2013 3.5 $498,125 FHLB3133XVP21 Piper Jaffray 1.625% 1.640% 11/6/2009 11/24/2014 5.1 $247,813 FHLB 3133XW3P2 Piper Jaffray 1.000% 1.010% 12/9/2009 12/30/2015 6.1 $494,520 Average Yield 2.28% $4,733,623 Days /Years Interest Rate Purchase Maturity to Maturity Market Agency Broker Coupon Yield Date Date at Purchase Value * * *FNMA'S, ARM'S & SBA'S' SBA 500463V -Q Pooled - Dana 7.625% 3.1% 1- Aug -88 25- Jan -13 24.5 $1,768 SBA 502647V -Q Pooled - Dana 8.475% 3.9% 1- Jul -94 25- Jun -19 25.0 $9,073 SBA 504417V -Q Pooled - Dana 8.000% 0.0% 1- Feb -99 25- Feb -24 25.1 $0 SBA 505536V -M Pooled - Dana 7.875% 3.0% 1- Aug -01 25- Jun -26 24.9 $25,189 GNMA 8417 Pooled - Dana 5.125% 4.0% 1- Oct -88 20- Oct -18 30.1 $3,670 GNMA 8703 Pooled - Dana 4.750% 3.5% 1- Sep -95 20- Sep -25 30.1 $1,195 GNMA 8720 Pooled - Dana 5.125% 4.1% 30- Sep -95 20- Oct -25 30.1 $1,157 GNMA 8788 Pooled - Dana 5.375% 4.3% 1- Jan -96 20- Jan -26 30.1 $942 GNMA 80426 Pooled - Dana 4.500% 3.5% 21- Jul -00 20- Jul -30 30.0 $10,156 GNMA 80593 Pooled - Dana 5.375% 4.3% 1- Apr -02 20- Apr -32 30.1 $5,437 GNMA 80710 Pooled - Dana 5.625% 3.6% 1- Jul -03 20- Jul -33 30.1 $10,372 FNMA 462382 Pooled - Dana 6.141% 5.7% 1- Sep -07 1- Oct -16 9.1 $77,524 FNMA 555921 Pooled - Dana 4.483% 3.1% 1- Oct -03 1- Sep -35 31.9 $43,916 FNMA 850125 Pooled - Dana 5.146% 5.0% 1- May -09 1- Sep -35 26.4 $92,140 FNMA 422251 Pooled - Dana 5.589% 3.2% 1- Dec -95 1- Jan -21 25.1 $50,740 FNMA 334439 Pooled - Dana 6.200% 4.9% 1- Dec -95 1- Apr -24 28.4 $5,717 FNMA 520790 Pooled - Dana 6.077% 4.8% 1- Jun -00 1- Apr -28 27.9 $8,425 FNMA 546468 Pooled - Dana 5.563% 3.3% 24- May -00 1- Jun -28 28.0 $4,865 FNMA 535326 Pooled - Dana 5.263% 3.0% 26- Jun -00 1- Jun -28 28.0 $5,658 FNMA 323798 Pooled - Dana 5.749% 3.6% 1- Dec -99 1- May -29 29.4 $2,143 FNMA 576517 Pooled - Dana 6.165% 2.9% 1- Mar -01 1- Feb -30 28.9 $1,016 FNMA 567875 Pooled - Dana 6.336% 5.2% 1- Dec -00 1- Sep -30 29.8 $4,356 FNMA 593941 Pooled - Dana 6.010% 4.8% 1- Dec -01 1- Dec -30 29.0 $17,886 FNMA 545057 Pooled - Dana 5.487% 3.2% 1- May -01 1- May -31 30.0 $1,036 FNMA 650970 Pooled - Dana 5.118% 3.1% 1- Aug -01 1- Jul -32 30.9 $8,207 FNMA 555378 Pooled - Dana 5.120% 3.7% 14- May -08 1- Apr -33 24.9 $91,387 FNMA 709092 Pooled - Dana 5.085% 3.0% 1- Jun -03 1- Jun -33 30.0 $13,396 FNMA 723661 Pooled - Dana 5.025% 3.0% 1- Jul -03 1- Jul -33 30.0 $3,466 FNMA 761737 Pooled - Dana 6.488% 3.7% 16- May -05 1- Dec -33 28.6 $16,276 FNMA 725462 Pooled - Dana 5.688% 4.3% 1- Apr -04 1- Jan -34 29.8 $13,568 FNMA 745160 Pooled - Dana 5.763% 3.2% 1- Dec -05 1- Mar -34 28.3 $34,396 FNMA 791573 Pooled - Dana 5.057% 3.0% 1- Jul -04 1- Aug -34 30.1 $7,867 FNMA 888321 Pooled - Dana 5.737% 3.6% 1- Mar -07 1- Aug -34 27.3 $62,601 FNMA 849207 Pooled - Dana 6.340% 3.1% 1- Jan -06 1- Jan -36 30.0 $50,301 FNMA 888710 Pooled - Dana 5.374% 3.1% 1- Sep -07 1- Jul -36 28.9 $57,633 FNMA 893933 Pooled -Dana \n 5.209% 2.9% 1- Sep -06 3A1O/(2C3I ® \n 30.1 $62,091 Investments 12312009 4 6 - 1 - 4 \n Government Securities as of 12/31/09 Days /Years Int Rate Purchase Maturity to Maturity Market Agency Broker Coupon Yield Date Date at Purchase Value FNMA 555624 Pooled - Dana 5.366% 3.2% 1- Jun -03 1- Mar -38 34.8 $8,416 FNMA 735967 Pooled - Dana 6.107% 2.8% 1- Sep -05 1- Mar -38 32.5 $14,985 FNMA 888386 Pooled - Dana 5.623% 3.4% 1- Apr -07 1- Mar -38 30.9 $103,463 FNMA 888618 Pooled - Dana 5.799% 3.3% 1- Jul -07 1- Mar -38 30.7 $38,240 FNMA 995451 Pooled - Dana 4.581% 3.6% 12- Feb -09 1- May -38 29.2 $117,825 FNMA 557073 Pooled - Dana 4.255% 2.0% 1- Sep -00 1- Jun -40 39.8 $7,424 FNMA 110540 Pooled - Dana 5.150% 4.5% 1- Nov -90 1- May -20 29.5 $7,670 FNMA 327446 Pooled - Dana 5.747% 3.8% 1- Oct -95 1- Aug -22 26.9 $4,628 FNMA 868877 Pooled - Dana 5.191% 2.9% 1- Apr -06 1- Apr -36 30.0 $50,770 FNMA 701045 Pooled - Dana 4.830% 3.6% 1- Apr -03 1- Apr -33 30.0 $99,212 FNMA 848390 Pooled - Dana 3.755% 2.5% 12- Feb -09 1- Dec -35 26.8 $130,967 FNMA 844148 Pooled - Dana 3.183% 2.6% 1- Oct -05 1- Nov -35 30.1 $98,860 FHLMC 775572 Pooled - Dana 5.594% 3.8% 1- Sep -94 1- Jun -24 29.8 $28,888 FHLMC 865469 Pooled - Dana 6.440% 5.4% 1- Dec -95 1- Aug -25 29.7 $1,258 FHLMC 755344 Pooled - Dana 5.160% 3.1% 1- May -00 1- Mar -28 27.9 $3,854 FHLMC 645235 Pooled - Dana 6.340% 5.2% 1- Jul -00 1- Mar -29 28.7 $2,717 FHLMC 846784 Pooled - Dana 5.576% 3.2% 1- Jul -00 1- May -29 28.9 $3,273 FHLMC 786867 Pooled - Dana 5.970% 3.0% 1- Nov -99 1- Aug -29 29.8 $348 FHLMC 846956 Pooled - Dana 6.446% 3.3% 1- Nov -01 1- Nov -31 30.0 $2,436 FHLMC 847166 Pooled - Dana 5.092% 3.1% 1- Jul -03 1- Aug -33 30.1 $7,236 FHLMC 847359 Pooled - Dana 6.072% 3.7% 1- Dec -04 1- Dec -34 30.0 $9,053 FHLMC 782526 Pooled - Dana 4.509% 2.7% 1- Apr -05 1- Apr -35 30.0 $118,823 FHLMC 848000 Pooled - Dana 4.665% 4.0% 1- Sep -08 1- Feb -36 27.4 $106,468 FHLMC 847629 Pooled - Dana 6.092% 3.2% 1- Oct -06 1- Sep -36 29.9 $32,383 FHLMC 865006 Pooled - Dana 6.935% 4.8% 1- Feb -89 1- Aug -18 29.5 $1,247 FHLMC 865127 Pooled - Dana 5.449% 4.5% 1- Aug -89 1- Mar -19 29.6 $2,250 FHLMC 865476 Pooled - Dana 6.082% 6.2% 1- Apr -96 1- Feb -36 39.9 $565 FHLMC 865663 Pooled - Dana 6.040% 5.9% 1- Nov -00 1- Feb -30 29.3 $3,390 FHLMC 765114 Pooled - Dana 6.963% 6.7% 1- Mar -99 1- Jan -18 18.9 $4,211 FHLMC 847427 Pooled - Dana 5.264% 3.4% 1- Jul -05 1- Sep -34 29.2 $8,730 FHLMC 1G1840 Pooled - Dana 5.315% 3.1% 1- Feb -06 1- Nov -35 29.8 $47,625 FHLMC 1B3063 Pooled - Dana 5.553% 3.6% 1- Aug -06 1- Aug -36 30.0 $79,079 FHLMC 847058 Pooled - Dana 5.181% 3.1% 1- Aug -02 1- Aug -32 30.0 $37,522 FHLMC 611384 Pooled - Dana 6.953% 2.9% 11- Feb -05 1- Dec -32 27.8 $10,804 TSY 9128276R8 3.500% 2.7% 15 -Jan -11 111.1 $103,169 Accrued Interest 3.320% $8,875 Income Receivable $6,854 Average Yield 3.32% 2,119,088 Total $6,852,711 \n 3/16/2010 \n Investments 12312009 5 6 - 1 - 5 \n 'OWN OF VAM . VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: March 16, 2010 ITEM /TOPIC: West Vail Fire Station update, including site plan, floor plans, elevations, 3 -D model, and budget. PRESENTER(S): Mark Miller, Fire Chief / Don Watkins, Belford- Watkins Architects ACTION REQUESTED OF COUNCIL: The TOV /Town Council (as owners) need to approve the project for final application to PEC and DRB. BACKGROUND: In late October 2009, Council approved moving forward with the design and budget proposal for the West Vail Fire station. At the October meeting, staff and the design architects provided Council with an estimated budget of $5,439,318, which incorporated many of the recommendations from Council, PEC, DRB and the design committee relative to cost saving measures. The design committee has made several revisions to further value engineer the project. The project has been through three conceptual PEC and DRB meetings, and has received preliminary approval to move forward incorporating recommended changes. Pending owner approval (Council) the project will go to PEC for final approval on March 22nd, and DRB on April 7th. STAFF RECOMMENDATION: Staff recommends that the owner (Council) approve as presented (or with recommendations) to move to final PEC and DRB. In addition, staff is asking Council provide input regarding the General Contractor selection process. The attached memo will give updates on the five RFP's for a guaranteed maximum price. Staff will bring a recommendation to Council on April 6th for approval of a general contractor and final budget. ATTACHMENTS: council memo - west vail fire station lower level upper level A3.0 A -3.1 A -3.2 L -11 \n 3/16/2010 \n Vail Fire and Emergency Services Me - Kilo an To: Town of Vail, Town Council From: Mark Miller, Fire Chief Date: March 11, 2010 Re: West Vail Fire Station Update Regarding the West Vail Fire Station, we are moving in the final phases of design development. Attached you will find current copies of the site plan, floor plans, and elevations for the new West Vail Fire Station. Belford - Watkins Group Architects will give a brief presentation to include the following items: • Recap of what we have accomplished and next steps. • Summary of changes /revisions /cost saving measures that have been incorporated. • Summary of LEED process and certification. • Overview of anticipated start and completion date. • Overview of the visual model integrating the station into the neighborhood. • Budget overview - RFP's for a Guaranteed Maximum Price (GMP) were solicited and received back from five (5) General Contracting firms on March 5 The design committee and consultant are in the process of reviewing the RFP's for content, technical requirements, etc, and will be conducting formal interviews with the submitting firms on March 12 The Fire Chief and Belford — Watkins will provide TOV Council an overview of the selection /interview process at the March 16 TOV Council meeting. Staff will also provide Council a recommendation as to the contractor of choice and will be back with a final recommendation and request for approval at a follow -up meeting in April, pending final PEC and DRB approval. Note: Preliminary review of the RFP's indicate we will be approximately 10% under the estimated construction budget presented to Council during schematic design. 1 \n 3/16/2010 \n 7 -1 -1 \n - - -- El n m �0 - -- A G O D 1 0 . OO l z I I I I I I I I I I I ° I I I � I II w I I I I I I I I I I I I I � � `��❑ m 0 � II I I �❑ x O r II w . I s � A I � � i u � umunn unlnrnlnnun G—P waaw�s Group ,. ILI 3 y _ c p � � T 118-r t 0 0 7a rL 4 0 0 z o o o 0 o D D o D 0 � O - -� - I II s s - o ° w as CO' D JAFLI �E7�'� O °moo OE i p _ x ®, LI a n CL � s � A i _J - - _ Fl- Group ILI 3 y NOTES/ SPECIFICATION LIST x.nn MLU EAST ELEVATI uc max.. -------- S- - Station N3 S ELEVATI A-3.0 NOT FOR CONSTRUCTION NOTES/ SPECIFICATION LIST - 0 00 0000 0000 _ e _ _ +rt i d, o oo 0000 0000 __ SOUTH ELEVATION 0000 0000 �� 0000 0000 � N ELEVATI Vail Eire and - Services 5taiiun N3 WE ELEVATI A-3.1 NOT FOR CONSTRUCTION NOTES/ SPECIFICATION LIST L ov PARTIAL NORTH ELEVATION ne.a _ — ..—.. _. _. _ — _ — Vail Fire and - - - Emergency _. _. _. —. —. —. _ — _. _ — _. _ — _. —.— _. —._ .. S— — S-L.. N3 PARTIA WES ELE VATI O N NOT FOR CONSTRUCTION A -3.2 T wr n EHo TIIIIEES r r r, S MEE o" -792 _ E m r _ ---- ---------- /� r� 7 J L V _ _ p ^ w.MiS'+T. IIEE Ito , CD ✓i s r.'ii�•,., PROPOSED � .- ....,... BUILDING iiT EEB ti ? ?Y e - i r ' r P r 7 I O Em.r a , C: .. •� ..: : n !la1W Cb.ERI PEFFx+ou d 9 LANDSCAPE & PLANTING PLAN NOT FOR CONSTRVIC � 'OWN OF VAM . VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: March 16, 2010 ITEM /TOPIC: Second reading of Ordinance No. 4, Series of 2010, and ordinance making supplemental appropriations to he Town of Vail General Fund, Capital Projects Fund, dispatch Services Fund, and Heavy Equipment Fund of the 2010 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. PRESENTER(S): Judy Camp ACTION REQUESTED OF COUNCIL: Approve or approve with amendments the second reading of Ordinance No. 4 of 2010. BACKGROUND: To be provided in separate memo. STAFF RECOMMENDATION: Staff recommends Town Council approve, or approve with amendments, Ordinance No. 4, Series of 2010 upon second reading. ATTACHMENTS: supp 91 \n 3/16/2010 \n MEMORANDUM To: Town Council From: Stan Zemler, Kathleen Halloran, Judy Camp Date: March 11, 2010 Subject: 2010 Amended Budget and Supplemental Appropriation Background One adjustment has been made to the proposed 2010 amended budget and supplemental appropriation. We are requesting appropriation of $570,000 in 2010 instead of 2011 as originally planned for a new fire truck to replace the East Vail fire engine (which will be moved to the new West Vail station). We still expect to take delivery and pay for the truck in 2011; however, the truck needs to be ordered in 2010 due to a year -long delivery period and our policy is to assure funds are appropriated before placing an order. The information that follows is unchanged from the memo you received two weeks ago. General Fund Various adjustments to the 2010 budget are requested primarily to recognize grants and reimbursements and the related expenditures. No increase in net expenditures is being requested. Two items relate to the EverVail project - $20K for legal and $100K for planning and review, both of which will be reimbursed by Vail Resorts as required by the zoning code. $30K is requested to fund a fire inspector for part of the year to complete inspections on Solaris and the Ritz. The developers have agreed to fund this expenditure. The library is proposing a self -check system (similar to grocery self- checkouts) to improve customer service especially at busy times. Funding for this project is available from contributions made in prior years from the Friends of the Library program and other donors. These funds are recorded on the balance sheet as deferred revenue and released to revenue when they are used for their intended purpose. $90,000 is shown in miscellaneous revenue and as a transfer to the Capital Projects Fund for this project. There is no net impact on the General Fund. Capital Projects Fund The federal grant awarded for the Lionshead transit center is recognized as both revenue and a transfer to the Vail Reinvestment Authority who will be responsible for construction of the project. Also included in revenue adjustments are $444,000 in reimbursements from developers for streetscape work and $200,000 from Eagle County for the 1 -70 fiber optic project. Although the project was completed in a prior year, the county disputed payment and a final agreement was not reached until 2010. The funds for this project have now been received from Eagle County. Expenditure adjustments are detailed in the attached spreadsheet and generally fall into three categories: — Projects originally budgeted in 2009, which are underway but not complete. In several cases, less than the full amount of the remaining 2009 budget is requested for re- appropriation in 2010 as noted below — Requests to re- appropriate unspent 2009 funds to a new and /or related project \n - 1 - 3/16/2010 \n 8 -1 -1 \n — Newly identified projects Projects in the first category, those which are underway, include $925,000 for Timber Ridge debt service guarantee (appropriation required by US Bank in case Timber Ridge is unable to pay) plus the following capital projects which total $2.1 million: Creekside housing improvements; audio visual for Council chambers; document imaging; computer hardware; geographic information system (GIS) ($15,700 of the remaining $31,101 is requested); Community Development permit software; West Meadow Drive streetscape ($64,369 of remaining $80,669 is requested); Village streetscape; neighborhood road reconstruction; neighborhood bridge reconstruction; bus replacement ($83,614 of remaining $150,226 is requested); West Vail fire station; Arosa Drive duplex; variable messaging signs; Manor Vail street plan; traffic impact fee study; and Timber Ridge legal and zoning. Requests to re- appropriate unspent 2009 funds to a new or related project total $697,500 and include the following: — Facilities - $600,000 to addressing deferred maintenance following study and prioritization of needed improvements; reallocated from parking structure capital maintenance and facilities capital maintenance — Creekside housing - $49,500 to address plumbing, electrical, and now asbestos issues; reallocated from 2009 building remodels — Computer hardware - $48,000 for two computer system back -up appliances; reallocated from 2009 savings in website and e- commerce, data center, and computer hardware New projects include: — Library self- scanning system - $90,000 funded from donations as described under General Fund — Chamonix area planning - $50,000 for next steps — Vail Village Inn office condo - $17,000 assessment from property owners' association for new roof Real Estate Transfer Tax Fund Revenue is adjusted to reflect a reduction in the principal balance of the loan to the Vail Recreation District (VRD) for the irrigation system as described above. The amended budget of $257,000 is the new principal payment to be received from VRD in 2010. Other revenue adjustments, totaling a $35,000 increase, are detailed in the attached spreadsheet. Requests to re- appropriate expenditures for projects underway, but not yet complete, total $2.8 million and include the following: recreation path capital maintenance ($20,000 of remaining $70,181 is requested to complete sewer plant bike path); tree maintenance; Timber Ridge to Roost path ($15,000 of remaining $226,494 is requested); ADA compliance ($15,000 of remaining $39,780 is requested); greenhouse ($5,000 of remaining $19,835 is requested); frontage road bike lanes /trails; Ford Park master plan; Seibert Circle; raw water irrigation; kayak take -out; stream track survey; Red Sandstone Park; public art programs; landscaped medians; environmental sustainability programs; and VRD- managed assets. Requests to reallocate 2009 unspent funds to new and /or related projects include: — Stephen's Park - $60,000 reallocated from 2009 savings in Black Gore Creek Sand Mitigation /Eagle River Watershed; additional $6,000 is funded from grant included in revenue — Waterline relocation - $81,500 funded from 2009 savings in Black Gore Creek Sand Mitigation /Eagle River Watershed; additional $20,000 reimbursed by neighbors and Eagle River Water and Sanitation District \n -2- 3/16/2010 \n 8 -1 -2 \n None of the requested supplemental expenditures in the RETT fund fall into the category of newly identified projects. Heavy Equipment Fund and Dispatch Service Fund Both of these funds are requesting re- appropriation of capital items budgeted in 2009. In Dispatch, $73,000 is requested to complete replacement of the voice logger system, which has already been reimbursed by the E -911 Authority Board. The Heavy Equipment Fund re- appropriation of $230,000 for purchase of a sweeper budgeted and ordered in 2009 to be received in 2010. \n -3 - 3/16/2010 \n 8 -1 -3 \n TOWN OF VAIL 2010 BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE GENERALFUND 2009 2008 Amended 2009 Variance 2010 1st 2010 Actual Budget Preliminary Fav / (Unfav) Budget Supplemental Amended Comments Revenue Local Taxes: $ 16,600,000 $ 16,990,873 $ 390,873 $ 16,600,000 $ 16,600,000 Sales Tax Split b/t Gen'I Fund & Capital Fund 59/41 59/41 52148 61/39 Sales Tax $ 11,640,000 $ 9,760,000 $ 8,760,000 $ (1,000,000)1 $ 10,126,000 $ 10,126,000 Property and Ownership 4,309,622 4,293,500 4,506,491 212,991 5,013,647 5,013,647 Ski Lift Tax 3,277,703 3,115,000 3,048,011 (66,989) 3,115,000 3,115,000 Franchise Fees, Penalties, and Other Taxes 1,075,209 1,049,935 935,581 (114,354) 1,056,126 1,056,126 Licenses & Permits 3,903,026 1,335,200 1,440,973 105,773 732,200 732,200 Intergovernmental Revenue 1,706,197 1,581,680 1,611,570 29,890 1,544,000 3,000 1,547,000 Drug task force reimbursement Transportation Centers 4,816,505 5,459,744 4,975,795 (483,949) 5,432,744 5,432,744 Charges for Services 1,000,733 686,788 717,811 31,023 724,775 724,775 Fines & Forfeitures 396,707 260,000 329,640 69,640 260,000 260,000 Earnings on Investments 571,073 115,000 169,738 54,738 115,000 115,000 Rental Revenue 949,961 906,382 881,804 (24,578)1 882,796 882,796 $100K reimbursement for EverVail review; $30K fire inspection fees from Miscellaneous and Project Reimbursements 163,025 180,500 245,626 65,126 92,800 245,000 337,800 Solaris and Ritz; $20K reimbursement for EverVail legal fees; $90K Library donations and $5K refund from County for regional training center Total Revenue 33,809,761 28,743,729 27,623,040 1,120,689 29,095,088 248,000 29,343,088 Expenditures by Type: Municipal Services: Town Officials 1,224,007 1,261,297 1,157,606 103,691 1,234,126 20,000 1,254,126 $20K EverVail legal Administrative Services & Risk Management 3,164,384 3,234,825 2,980,253 254,572 3,350,484 3,350,484 Community Development & Housing 3,327,400 2,405,353 1,835,231 570,122 1,847,525 100,000 1,947,525 $100K EverVail review Police 4,511,846 4,772,217 4,556,805 215,412 4,587,116 3,000 4,590,116 Drug task force expenses (see revenue) Police Communications 535,657 543,072 539,763 3,309 522,213 522,213 Fire 2,577,087 2,735,009 2,752,628 (17,619) 2,869,190 30,000 2,899,190 $30K Maintain fire inspector staffing thru June (see revenue) Public Works & Streets 3,717,159 3,552,133 3,398,994 153,139 3,649,854 3,649,854 Transportation & Parking 4,780,515 4,629,449 4,550,149 79,300 4,701,320 4,701,320 Facilities 3,442,983 3,723,070 3,378,254 344,816 3,872,255 3,872,255 Library 828,056 825,745 823,876 1,869 805,119 805,119 Economic Development 1,541,498 1,524,634 1,513,323 11,311 1,415,886 1,415,886 Total Expenditures 29,650,592 29,206,804 27,486,882 1,719,922 28,855,088 153,000 29,008,088 Revenue Over (Under) Expenditures 4,159,169 (463,075) 136,158 599,233 1 240,000 95,000 335,000 Transfer to Capital Projects Fund (441,000) (3,659,000) (90,000) (3,749,000) $90K transfer to Capital for self -check system implementation; $3.6 M for West Vail Fire station Winter Economic Marketing Campaign (550,000) Investment in Employee Home Ownership Program (250,000) (250,000) - (240,000) (240,000) Net Change in Fund Balance 3,168,169 (713,075) (113,842) 599,233 (3,659,000) 5,000 (3,654,000) Beginning Fund Balance 19,834,717 23,002,886 23,002,886 22,289,811 599,233 22,889,044 Ending Fund Balance $ 23,002,886 $ 22,289,811 $ 22,889,044 $ 18,630,811 $ 19,235,044 %age of Fund Balance to Annual Revenue 68.0% 77.5% 82.9% 65.6% 8 - 1 - 4 \n 4 TOWN OF VAIL 2010 BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND 2009 2009 Variance 2010 1st 2010 2011 Amended Preliminary Fav /(Unfav) Budget Supplemental Amended Forecast Comments Revenue Total Sales Tax Revenue: $ 16,600,000 $ 16,990,873 $ 390,873 $ 16,600,000 $ 16,600,000 $ 17,430,000 Sales Tax Split b/t Gen'I Fund & Capital Fund 59/41 58/42 61/39 61/39 Sales Tax - Capital Projects Fund $ 6,840,000 $ 8,230,873 $ 1,390,873 $ 6,474,000 $ 6,474,000 $ 6,800,000 Use Tax 700,000 713,582 13,582 500,000 500,000 500,000 Transit center grant:$5.OM in '10: Also in 2010: $28.5K for Police Live Federal Grant Revenue 120,834 (120,834) 2,508,015 2,520,485 5,028,500 1,428,000 Scan interface software ; 2011: $828K for bridge reconstruction, $600K buses Other State Revenue 24,000 24,000 Lease Revenue 188,550 201,450 12,900 184,500 184,500 184,500 Per Vail Commons commercial & residential leases Employee Housing Fee -In -Lieu 186,000 72,425 (113,575) $444K for Reimbursement for streetscape work done in 2009 during Project Reimbursement 187,000 246,858 59,858 - 644,000 644,000 - redevelopment projects: ($275K from Solaris and $169K from Four Seasons); $200K reimbursement from Eagle County for a portion of the I- 70 Fiber Optic installation Sale of Arosa Duplex / CGOL loan repayment 775,000 775,000 5,000 Earnin son Investments and Other 18,750 104,605 85,855 18,000 18,000 Totai Revenue 8,241,134 9,593,793 1,352,659 10,459,515 3,164,485 13,624,000 8,917,500 Expenditures Land / Property Purchases Capital Maintenance Expenditures Bus Shelters 27,000 21,085 5,915 27,000 - 27,000 27,900 Annual maintenance of town bus shelters Parking Structures 540,000 353,030 186,970 486,000 - 486,000 819,000 2010 includes repair of ventilation, fire system, painting & rust control, concrete and joints Re- appropriate'09 funds and utilize savings from parking structure Facilities 679,500 263,423 416,077 473,000 600,000 1,073,000 450,000 projects to address deferred maintenance following study and prioritization of town's aging facilities; $17K library tap fee Building Remodels 49,500 - 49,500 - - - 54,900 Transfer 2009 funds to Creekside Housing to address continued issues of plumbing, electrical and now asbestos Creekside Housing Improvements 54,000 46,918 7,082 54,000 56,582 110,582 54,000 Utilize savings from Building Remodels to address continued issues of plumbing, electrical and now asbestos inside units Vail Village Inn Condo Roof (TOV Portion) 17,000 17,000 TOV's portion of special assessment for new roof on VVI Plaza condo buildin Street Light Improvements 67,500 65,765 1,735 67,500 67,500 67,500 New street lights and refurbish residential lightin Capital Street Maintenance 1,337,087 1,335,959 1,128 730,000 - 730,000 1,153.,500 On -going maintenance to roads and bridges including asphalt overlays, patching and repairs Flammable storage / Mag Chloride containment 16,560 16,560 - - _ - - Secondary containment around Mag tank / remove glycol tank to meet containment requirements; This is a compliance issue. Fire Truck Rebuild / Refurbish - - - - 570,000 570,000 _ New fire truck for W Vail station - moved forward from 2011 to place order; delivery expected 2011 Audio Visual (Council video,Security, PD car video) 61,150 35,271 25,879 8,000 25,879 33,879 _ 09 re- appropriate for Council chamber for foxed cameras and potential technology equipment for Council; '10 police car cameras Document Imaging 154,699 134,107 20,592 110,000 20,592 130,592 110,000 09 reappropriation to continue historical scanning; Annual maintenance, scanning, licensing and contract position thru 2011 Upgrade Microsoft products on all equipment, replacement PC's, server Software Licensing 20,200 12,382 7,818 37,000 - 37,000 15,000 upgrades, AS400. These upgrades occur every 3 -5 years on a rotation schedule Hardware Purchases 84,380 68,221 16,159 45,000 48 000 93,000 65,000 09 re- appropriate for purchase of two backup appliances - utilize savings \fl 3/16/201 \f1 from Data Center and Website unspent 2009 funds to help cover 8 - 1 - 5 \n -5- TOWN OF VAIL 2010 BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND 2009 2009 Variance 2010 list 2010 2011 Amended Preliminary Fav /(Unfav) Budget Supplemental Amended Forecast Comments Data Center (Computer Rooms) 47,500 33,598 13,902 15,000 - 15,000 17,000 Fire suppression in computer rooms; maintenance, security and power systems for 3 rooms Website and e- commerce 28,500 28,500 12,000 12,000 27,000 Internet security & application interfaces; website redevelopment To complete project relating to web access to the town's GIS information; Comm Dev ArcGIS System 52,000 20,899 31,101 10,000 15,700 25,700 - includes purchase of "base data" from Eagle County and consulting services to develop applications for the system Fiber Optics in Buildings 15,000 7,273 7,727 21,000 21,000 17,000 Cabling / Network Infrastructure; to repair, maintain & upgrade Network upgrades 18,300 16,014 2,286 30,000 30,000 21,000 Computer network systems - replacement cycle every 3 -5 years Computer Aided Dispatch CAD / RMS Project 51,650 41,769 9,881 55,000 55 57,000 County-wide "Computer Aided Dispatch/Records M mt System" Comm Dev Interactive Permit software 25,000 - 25,000 200,000 25,000 225,000 - Upgrade of Permit Plus software; $25K re- appropriate for consultant to identify system requirements, etc. Live Scan Interface software (Police) - - - 28,500 - 28,500 Funded by grant above; Links our Live Scan software to other agencies Library Self -Check System 90,000 90,000 Funded by Library donations collected over the years Vehicle Expansion 34,730 34,730 2009 continued set up of Police Volvos $16K; Forklift for PW $18K Maintenance Paid for by Capital Fund 3,364,256 2,507,004 857,252 2,409,000 1,468,753 3,877,753 2,955,800 Capital Replacement Expenditures West Meadow Drive 600,683 520,014 80,669 64,389 64,389 Completion of projects such as streetsce a work near Four Seasons Future work includes Covered Bridge (heat and /or safety) for $150K; Village Streetscape 764,706 312,317 452,389 300,000 452,389 752,389 - Finish Vail Valley Drive to Gold Peak $150K; Replace newspaper boxes $100K; Solaris streetsce a completion Neighborhood Road Reconstruction 200,000 20,531 179,469 1,100,000 179,469 1,279,469 1,800,000 Overhaul residential streets (Mill Creek Circle); Construction split between 2010 and 11 Overhaul residential bridges (Matterhorn Bridge) - 2010 design with Neighborhood Bridge Reconstruction 150,000 - 150,000 - 150,000 150,000 1,050,000 construction in 2011; Delayed design to coincide with CDOT" s matching rant schedule Fire Breathing Apparatus 180,000 180,043 (43) - _ _ _ Replacement of all (30) cylinders /compressors; Older model currently used not effective or safe Parking Entry System / Equipment 145,000 118,388 26,612 Metered lots; equipment obsolete and not servicable by vendor Office Equipment > $5,000 9,000 9 Generator- Municipal Buildin / Dispatch 20,124 19,960 164 2009: work finished up in 2009 / balance due on a contract $30K for spare parts on new hybrid buses - stocking parts reduces Replace Buses 173,400 23,174 150,226 2,199,600 83,614 2,283,214 1,203,400 downtime when buses need servicing; Remainderwill go for new buses in 2010 6 re ular buses); 2011 2 Hybrid buses Replacement Paid for by Capital Fund 2,242,913 1,194,427 1,048,486 3,599,600 929,861 4,529,461 4,053,400 Property Tax Increment - Reserved 441,000 441,000 Use in 2010 toward construction of the West Vail Fire Station Other Improvements West Vail Fire Station -Planning/ Desi n 300,000 102,548 197,452 2,800,000 197,452 2,997,452 2,800,000 Continue planning and design process; Construction in 2010/11 Arosa Drive - Duplex for Employee Housing 770,000 489,662 280,338 - 280,338 280,338 - Development project for deed - restricted housing - will carryover to 2010 Buy-down Program 500,000 261,882 238,118 314,000 238, 118 552,118 500,000 Re-appropriate to help fund purchase of Red Sandstone parking lot Buy -down Program Funded by Pay -in -Lieu - - 186,000 - 186,000 - Funding for the buy -down program from developers electing the employee housing pay -in -lieu option Variable Message Signs 190,973 62,320 128,653 65,000 128,653 193,653 130,000 Re- appropriate'09 funds for wayflnding signs installation (W, Main Vail round about & Four Seasons; '10/11 Solaris $300K was allocated in 2009 for utility and drainage work to accomdate I -70 Noise 300,000 18,320 281,680 251,639 30,041 281,680 751,639 berm near Bald Mtn townhomes; project was delayed while obtaining approvals from CDOT and homeowners' agreement extension I -70 Fiber Optics 168,78VID 158,623 10,158 - 3/16/2 1 \fl - - 2009:Town has fiber optic connection to I -70 corridor for improved public safst communications 8 - 1 - 6 \n -6- TOWN OF VAIL 2010 BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND 2009 2009 Variance 2010 1st 2010 2011 Amended Preliminary Fav /(Unfav) Budget Supplemental Amended Forecast Comments Underground Utility improvements 156,000 147,221 8,779 _ _ _ _ Transfer of utility lines from above ground to underground; offset by $156K revenue above from Holy Cross Expenditure related to impact fee paid by Manor Vail development; Keep Manor Vail Street Plan 83,800 - 83,800 - 83,800 83,800 - funds in budget due to developer agreement; intent is for streetscape in that neighborhood Chamonix Area Planning 30,000 20,265 9,735 50,000 50,000 Next phase of Chamonix area planning / engineerin LH Parking Structure Redevelopment 5,000 3,460 1,540 - _ _ _ Final expenditures regarding this RFP; offset by reimbursement in revenue above Fire Impact Fee Nexus study 15,000 15,000 - _ - _ _ Nexus study to determine redevelopment impact on Fire Department; Potential revenue source Traffic Impact Fee study 30,000 8,355 21,645 21,645 21,645 Re-appropriate '09 funds to prepare Exaction ordinance Timber Ridge Legal /Zoning 100,000 51,220 48,780 - 48,780 48,780 _ To continue negotiations; This will be considered a loan to Timber Ridge Affordable Housing Corp. Timber Ridge Debt Service Guarantee 925,000 925,000 925,000 925,000 Annual debt service guarantee - a requirement of TR debt LionsHead Improvements 34,000 34,000 - _ - _ _ This is offset by contributions from Vail Resorts and CDOT and covers completion of the transportation study (currently underway) S.Frontage Road Relocation 20,000 20,000 - _ _ Study of the Frontage Rd relocation (EverVail) - reimbursed from Vail Resorts above Bio -Mass Study 50,000 50,000 Will re- submit when a project is more dearly identified Total Other Improvements 3,678,554 1,392,876 2,285,678 3,616,639 2,003,827 5,620,466 4,181,639 Total Capital before Financing 9,726,723 5,094,307 4,632,416 9,625,239 4,402,441 14,027,680 11,190,839 Debt Service and Financing Debt Service on Outstanding Bonds 2,298,121 2,289,492 8,629 2,273,959 2,273,959 2,279,572 Transfer federal grant money to VRA; VRA covering all expenditures for Transfer to Vail Reinvestment Authority 120,834 120,834 2,479,515 2,520,485 5,000,000 390,000 the transit center project; $390K transfer from collected traffic impact fees due to VRA Total Debt Service and Financing: 2,418,955 2,289,492 129,463 4,753,474 2,520,485 7,273,959 2,669,572 Total Expenditures 12,145,678 7,383,799 4,761,879 14,378,713 6,922,926 21,301,639 13,860,411 $3.6M Transfer of General Fund fund balance for West Vail Fire Station Transfer from General Fund (3.,659,000) (90,000) (3,749,000) - construction; $90K transfer of Library donations for use toward new self ah ecks stem Net Change in Fund Balance (3,904,544) 2,209,994 (3,409,220) (260,198) (3,668,441) (3,928,639) (4,942,911) Beginning Fund Balance 9,248,869 9,248,869 5,344,325 6,114,538 1 11,458,863 1 7,530,224 Ending Fund Balance 5,344325 11 458,863 5 1 7,530,224 Jill 2,587 313 \n 3/16/2010 \n 8 - 1 - 7 \n -7- TOWN OF VAIL 2010 BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX 2009 2009 Variance 2010 1st 2010 2011 Amended Preliminary Fav I(Unfav) Budget Supplemental Amended Forecast Comments REVENUE Real Estate Transfer Tax $ 2,420,000 $ 2,460,549 $ 40,549 $ 4,283,000 $ 4,283,000 $ 3,561,000 2010/2011: Ritz, Solaria and Four Seasons: assume 50% sold in each year at 80% of list price 2009: $149K federal grant for the Timber Ridge/ Buffehr Creek path; $8K Weed management Federal Grants 157,458 157,628 170 - 9,000 9,000 grant; 2010 $31K grant from NWCOG for regional energy efficiency survey; $61K grant awarded for Stephen's park restoration Golf Course Lease 120,000 126,768 6,768 1 122,000 1 122.000 124,400 Annual lease payment from Vail Recreation District VRD repayment for promissory note 341,098 572,000 230,902 343,424 (86,424) 257,000 257,000 Original note based on $1.6 M loan at 3.5% over 5 years; Add'I repayment due to project savings of $315K; 2010 adjusted future loan repayment amount to reflect reduced principal Intergovenmental Revenue 20,000 22,958 2,958 20,000 20,000 20,000 Lottery proceeds Project Reimbursements 2,500 53,777 51,277 - 20,000 20,000 _ 2009:$29K mimb from VRD for; $17K reimb from VRD for Youth Svcs elevator; 2010 $20K reimb from neighborhood ($10K) and ERWSD ($10K) for waterline relocation project. Recreation Amenity Fees 72,000 72,308 308 10,000 10,000 10,000 Based on actual collections in 2009 Earnings on Investments and Other 81,250 136,151 54,901 40,402 6,000 46,402 15,879 $6K supplement for Winterfest donations; earnings rate of return for 2009 & 2010: Based on .5% return on prior year's fund balance; 2011 based on 1% Total Revenue 3,214,306 3,602,139 387,833 4,818,826 (51,424) 4,767,402 3,988,279 Capital Maintenance Expenditures Annual Park and Landscape Maintenance 1,298,882 1,129,513 169,369 1,323,478 - 1,323,478 1,363,182 Ongoing path, park and open space maintenance, project mgmt; $75K reduction in expenses 2009-11 Management Fee to General Fund (5 9 %) 120,000 123,180 (3,180) 214,150 214,150 178,050 5% of RETT Collections - fee remitted to the General Fund for administration Ree. Path Capital Maint 193,540 123,359 70,181 150,000 20,000 170,000 104,745 Re -a ro r ate'09 funds for completion of sewer plant bike path work. Tree Maintenance 109,954 47,111 62,843 65,000 62,843 127,843 65,000 Re- appropriate '09 funds for continued pine beetle / pine needle scale / aspen scale treatment / spruce tree fertilization Forest Health Management 265,000 188,025 76,975 265,000 265,000 265,000 Pine beetle mitigation in conjunction w/ Forest Service Street Furniture Replacement 25,983 18,113 7,870 22,500 - 22,500 22,500 Additions and replacement of street furniture and to expand bike rack installations (at approx. $1.000 per bike rack) Park/ Playground Capital Maintenance 110,000 92,399 17,601 115,000 115,000 90,000 Repair & maintenance of playgrounds, restrooms, etc. Donovan Park Building - - - - - Bald Mountain Underpass Maintenance 200,000 200,000 Reconstruction of retaining wall that supports bike path through the underpass Alpine Garden Support 55,620 55,620 55,620 55,620 65,564 Annual support; Flat with 2009 Black Gore Creek Sand Mitigation 180,569 38,937 141,632 1 90,000 90,000 100,000 lAnnual support of water protection programs Total Capital Maintenance 2,359,548 1,816,257 543,291 2,500,748 82,843 2,583,591 2,254,041 Other Improvements Stephen's Park Stream Repairs 66,000 66,000 Re -build waterfront area at Stephen's park due to erosion Bald Mountain Berm 101,500 101,500 _ Relocate waterine from berm area at Bald Mountain to accept sand from Vail pass I Black Gore Creekin; funds from Black Gore Creek sand mitigation in 2009. Meadow Drive Strestscape 411,788 411,788 09 for West Meadow Drive (Library to Vail Road); ongoing costs under contract Katsoa Ranch Bike Path 7,000 5,499 1,501 - - - - 09 for wetland re- vegetation - the last task in resurfacing me path from Sunburst to E. Vail Timber Ridge- Buffehr Creek Rd separation 700,000 473,506 226,494 - 15,000 15,000 _ Path from TimberRidge to Roost; offset by Federal Grant of approx. $149K; Re-appropriate '09 funds to plant trees in spring to finish project. Lionshead to Meadow Or 202,500 202,500 Improvements to existing bike path along the stream - cancelled Trailhead Development / Improvement 23,200 23,200 24,000 Improve trailheads; Continued need through 2012 (one trail per year) ADA Compliance 85,881 46,101 39,780 10,000 15,000 25,000 10,000 Shared costs with VRD - ADA access at recreational facilities Recreation Master Planning 6,415 5,406 1,009 - - - - Concept and design of recreation asset improvements; 2008/09 the Vail Golf Course Clubhouse Streamwalk ADA & Safety improvements 1,033 1,033 To cover a remaining engineering bill Greenhouse 250,000 230.165 19,835 5,000 5,000 Re- appropriate '09 funds to finish greenhouse irrigation in spring Frontage Road Bike Lanes/Tmils 150,000 30,732 119,268 - 119,268 119,268 2,275,000 Construct widened 6' shoulders along all frontage roads; Re- appropr ate'09 funds to finish design work on Blue Cow Chute to E. Vail ; construction was budgeted in 2010, but now pushed to 2011 Ford Park Master Plan 300,000 171.983 128,017 200,000 128,017 328,017 2;150,000 f p p repriate '09 funds for ongoing project design relative to master planning; Reduced 2010 from $3.3M to $200K for just the continuation of Ford Park master plan. Ford Park Im rovements 200,000 200,000 0,000 Use '09 funds for Ford Park restrooms to be constructed in 2011 8-1 - 8 \n -e- TOWN OF VAIL 2010 BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX 2009 2009 Variance 2010 1st 2010 2011 Amended Preliminary Fav / (Unfav) Budget Supplemental Amended Forecast Comments Seibert Circle 212,696 194,922 17,774 - 17,774 17,774 _ Re-appropriate '09 funds for initial replacement part inventory, which was delayed; ongoing maintenance is budgeted within General Fund operations. Raw Water/ Irrigation Control 371,752 5,259 366,493 366,493 366,493 To reimburse Eagle River Water & San. for infrastructure out at golf course; Kayak Take -out 10,000 - 10,000 - 10,000 10,000 _ Kayak take -out area along stream (part of One Willow Bridge development agreement and must be accounted for separately) Stream Tract Encroachment Survey 64,881 50,800 14,081 14,081 14,081 Re- appropriate'09 funds for final bills and to complete project Reconstruction of playground per safety plan; 20 years old; in -house design currently underway Red Sandstone Park - Per Safety plan 25,000 - 25,000 439.000 25,000 464,000 - and staff working on a plan to deal with panting and ADA requirements: $25K to finish design; Construction to be re- evaluated in June '10. Delayed due to parking lot discussions Booth Creek Playground 15,000 Design in 2011; Construction in 2012 Booth Creek Park redevelopment 50,000 IDesign in 2011; Construction in 2012 White Water Park 5,000 2,522 2,478 - _ _ _ 3rd hole / bladder system at Whitewater Park - last part of project is to program the water feature' system To purchase sculptures, artwork, art programs and events; remainder is re- appropriated each yea Public Art - General Programs / Art 215,156 27,188 187,968 80,000 141,816 221,816 80,000 to accumulate enough funds for larger projects; Reduction relates to allocation to W nterfest now that It Is accounted for separately Re- appropriating leftover from Meadow Drive project to put toward the Morales relocation ($39K) Public Art - Morales relocation 125,000 - 125,000 164,728 164,728 plus re- appropriation of 2009 funds $125K Public Art - Meadow Drive Entry 85,000 45,272 39,728 See above comment Public Art - Winterfest - - - 63,446 63,446 Allocation from current year's appropriation in Public Art general projects of $57K plus $6K donations received in 2010 Public Art - Operating 84,359 80,458 3 85,157 85,157 87,712 JAIPP salary and operating expenses related to RETT Landscape Medians 300,000 109,689 190,311 - 190,311 190,311 - Re-appropriate '09 funds for Frontage Rd medians, lighting (Four Seasons / Salads); Will upgrade what those projects have approved by DRB in order to reduce future maintenance costs Public Rest rooms - - - - - - 670,000 Tear down and rebuild (and enlarge) Ford Park restroom; Restrooms at W. Meadow Drive & Vail Road; Per 10/21 Mtg, pushed from'09 to'11 Environmental projects such as energy efficiency studies of municipal buildings, recycling Environmental Sustainability 315,000 189,840 125,160 250,000 128,160 378,160 250,000 programs, etc.; Additional $3K relates to grant money awarded from NWCOG for regional energy efficiency project Capital Paid for by RETT Funds: 4,151,661 2,082,163 2,069,498 1,064,157 1,571,594 2,635,751 5,811,712 VRD- Managed Facility Projects Recreation Enhancement Account 120,000 120,000 122,000 120,000 242,000 124,440 Reserve account for golf course improvements - funded by annual lease revenue Golf Course Irrigation - VRUs portion 1,607,522 1,600,000 7,522 Funds were loaned to VRD in 2009 with payback over 5 years Golf Course Irrigation 1,446,522 1,286,022 160,500 - 22,000 22,000 - Replacement of irrigation system on golf course; 50% split with VRD; Reappropriate for final bill p ayment and landscaping Golf Course Clubhouse, Starter Shack, etc. 542,175 12,725 529,450 33,000 529,450 562,450 900,000 Re- appropriation of'09 funds for remodel of existing clubhouse Golf Course - Other Improvements 571,237 196,137 375,100 200,000 375,100 575,100 50,000 Re- appropriation of'09 funds for remodel of existing clubhouse Dobson Ice Arena 975,993 624.919 351,074 100,000 140,000 240,000 15,000 Re- appropriation of'09 funds for louver system upgrade on roof. Ford Park/ Tennis Center Improvements 115,986 - 115,986 175,000 115,986 290,986 200,000 Refurbishing of For Park tennis courts, walkways & restroom roof per lease agreement; delayed due to park master planning Athletic Fields 18,280 18,280 09 irrigation system Youth Services 164,983 97,907 67,076 25,000 25,000 09 ADA access and furnaces Gymnastics Center 27,621 27,621 25,000 25,000 09 retaining walls; '10 mechanical improvements Nature Center 10,000 10,000 10 wood open rail fencing Total VRD - Managed Facility Projects 5,590,319 3,817,710 1,772,609 690,000 1,302,536 1,992,536 1,289,440 Total Expenditures 12,101,526 7,716,130 4,385,398 4,254,905 2,956,973 7,211,878 9,355,193 Revenue Over (Under) Expenditures (8,887,222) (4,113,991) 4,773,231 563,921 (3 (2,444,476) (5,366,914) Beginning Fund Balance 17,288,266 17,288,266 8,401,044 4,773,231 13,174,275 10,729,799 Ending Fund Balance $ 8,401,044 $ 13,174,275 $ 4,773,231 $ 8,964,965 $ 10,729,799 $ 5,362,885 \n 3/16/2010 \n 8 - 1 - 9 \n -9- TOWN OF VAIL 2010 BUDGET PROPOSAL SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE HEAVY EQUIPMENT FUND 2009 2009 Variance 2010 list 2010 2011 Amended Preliminary Fav /( Budget Supplemental Amended Forecast Comments Revenue Town of Vail Interagency Charge $ 2,703,886 $ 2,636,688 $ (67,198) $ 2,836,464 $ 2,836,464 $ 3,243,653 Insurance Reimbursements & Other 58,800 122,211 63,411 - - - Earnings on Investments 8,000 14,323 6,323 10,298 10,298 10,172 Equipment Sales and Trade -ins 91,880 79,722 (12,158) 123,240 45,000 168,240 233,580 Trade -in value of old sweeper to help fund new sweeper below Total Revenue 2,862,566 2,852,944 (9,622) 2,970,002 45,000 3,015,002 3,487,405 Expenditures Salaries & Benefits 942,623 968,522 (25,899) 965,912 965,912 986,368 Operating, Maintenance & Contracts 1,155,825 1,010,963 144,862 1,244,911 1,244,911 1,282,258 For purchase of new sweeper; originally Capital Outlay 852,500 612,152 240,348 784,500 230,000 1,014,500 980,100 budgeted in 2009, but taking delivery in 2010 Total Expenditures 2,950,948 2,591,638 359,310 2,995,323 230,000 3,225,323 3,248,726 Revenue Over (Under) Expenditures (88,382) 261,306 349,688 (25,321) (185,000) (210,321) 238,679 Beginning Fund Balance 2,063,818 2,063,818 1,975,436 349,688 2,325,124 1,950,115 Ending Fund Balance $ 1,975,436 $ 2,325,124 $ 1,950,115 $ 2,114,803 $ 2,188,794 \n 3/16/2010 \n 8__1 10 11 O\n TOWN OF VAIL 2010 BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE DISPATCH SERVICES FUND 2009 2009 Variance 2010 1st 2010 2011 Amended Preliminary Fav / (Unfav) Budget Supplemental Amended Forecast Comments Revenue E911 Board Revenue $ 761,918 $ 753,913 $ (8,005) $ 754,108 $ 754,108 775,506 Interagency Charges 1,157,497 1,150,659 (6,838) 1,162,231 1,162,231 1,181,270 Town of Vail Interagency Charge 543,072 539,763 (3,309) 522,213 522,213 544,220 Earnings on Investments 5,000 7,946 2,946 5,000 5,000 10,000 Other 76,349 78,860 2,511 Total Revenue 2,543,836 2,531,141 (12,695) 2,443,552 2,443,552 2,510,996 Expenditures Salaries & Benefits 1,753,602 1,709,553 44,049 1,854,062 1,854,062 1,933,396 Operating, Maintenance & Contracts 506,134 441,695 64,439 511,633 511,633 527,600 Voice logger system replacement; continuation of Capital Outlay 197,750 69,731 128,019 50,000 73,000 123,000 50,000 project from 2009; Reimbursement was rec'd in 2009 and expense originally budgeted in 2009 Total Expenditures 2,457,486 2,220,979 236,507 2,415,695 73,000 2.488,695 2,510,996 Revenue Over (Under) Expenditures 86,350 310,161 223,811 27,857 (73.000) (45.143) Transfer to Capital Projects Fund - - Beginning Fund Balance 962,344 962,344 1,048,694 223,811 1,272,505 1,227,362 Ending Fund Balance $ 1,048,694 $ 1,272,505 $ 1,076,551 $ 1,227,362 $ 1,227,362 \n - 131/16/2010 \n 8- 1 -11 \n ORDINANCE NO. 4 SERIES OF 2010 AN ORDINANCE MAKING BUDGET ADJUSTMENTS TO THE TOWN OF VAIL GENERAL FUND, CAPITAL PROJECTS FUND, REAL ESTATE TRANSFER TAX FUND, DISPATCH SERVICES FUND, AND HEAVY EQUIPMENT FUND OF THE 2010 BUDGET FOR THE TOWN OF VAIL, COLORADO; AND AUTHORIZING THE SAID ADJUSTMENTS AS SET FORTH HEREIN; AND SETTING FORTH DETAILS IN REGARD THERETO. WHEREAS, contingencies have arisen during the fiscal year 2010 which could not have been reasonably foreseen or anticipated by the Town Council at the time it enacted Ordinance No. 19, Series of 2009, adopting the 2010 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 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 budget adjustments for the 2010 Budget and Financial Plan for the Town of Vail, Colorado, and authorizes the following budget adjustments: General Fund $ 243,000 Capital Projects Fund 6,922,926 Real Estate Transfer Tax Fund 2,956,973 Dispatch Services Fund 73,000 Heavy Equipment Fund 230,000 Total $10,425,899 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 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. -- 1 -- Ordinance No. 4, Series of 2010 \n 3/16/2010 \n 8- 1 -12 \n 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 2nd day of March, 2010, and a public hearing shall be held on this Ordinance on the 16th day of March, 2010, at the regular meeting of the Town Council of the Town of Vail, Colorado, in the Municipal Building of the town. Dick Cleveland, Mayor ATTEST: Lorelei Donaldson, Town Clerk READANDAPPROVED ON SECOND READINGAND ORDERED PUBLISHED IN FULLthis 16th day of March 2010. Dick Cleveland, Mayor ATTEST: Lorelei Donaldson, Town Clerk - -2 -- Ordinance No. 4, Series of 2010 \n 3/16/2010 \n 8 -1 -13 \n