Loading...
HomeMy WebLinkAbout2011-07-05 Agenda and Support Documentation Town Council Work Session VAIL TOWN COUNCIL WORK SESSION AGENDA TO V?J OF VA VAIL TOWN COUNCIL CHAMBERS 75 S. Frontage Road W. Vail, CO 81657 3:30 P.M., JULY 5, 2011 NOTE: Times of items are approximate, subject to change, and cannot be relied upon to determine at what time Council will consider an item. Public comments on work session item may be solicited by the Town Council. 1. ITEM /TOPIC: DRB /PEC Update (15 min) PRESENTER(S): Warren Campbell 2. ITEM /TOPIC: Proposed revenue projections for 2012 (20 min.) PRESENTER(S): Kathleen Halloran ACTION REQUESTED OF COUNCIL: Discuss the projected major revenue items for the 2012 budget and provide direction to staff BACKGROUND: The start of every budget cycle starts with the discussion of major revenues. Future revenues are calculated based on current year to date, five -year averages and analysis of external economic influences. STAFF RECOMMENDATION: Discuss and provide any changes or recommendations to the 2012 revenue projections. 3. ITEM /TOPIC: Information Update and Attachments: 1) Sales Tax; and 2) Gore Creek Water Quality Improvement Plan -Status Update (15 min.) PRESENTER(S): Various 4. ITEM /TOPIC: Matters from Mayor and Council (15 min.) 5. ITEM /TOPIC: Executive Session, pursuant to: 1) C.R.S. §24- 6- 402(4)(b)(e) - to receive legal advice on specific legal questions; and to determine positions, develop a strategy and instruct negotiators, Regarding: update on pending litigation La Bottega v. Village Inn Plaza - Phase V Condominiums Association et al. Case number 10 -CV -1015. (15 min.) PRESENTER(S): Matt Mire 6. ITEM /TOPIC: Eagle County Commissioners /Town Council Joint meeting /dinner: 7 '� 201 1. Introduction of Tony Sprunk, Open Space Coordinator 2. ECO Transit Update 3. Airport Master Plan Update 4. Economic Development 5. Potential Affordable Housing efforts 6. Regional/Three Mile Land Use Planning update 7. Regional Water Quality Programs update 8. 1 -70 Transportation 9. 2015 Championships (70 min.) 7. ITEM /TOPIC: Adjournment (6:00 p.m.) NOTE: UPCOMING MEETING START TIMES BELOW (ALL ARE APPROXIMATE DATES AND TIMES AND SUBJECT TO CHANGE) -- ------------------ THE NEXT REGULAR VAIL TOWN COUNCIL REGULAR WORK SESSION WILL BEGIN AT APPROXIMATELY 12:30 P.M. (or TBD), TUESDAY, JULY 19, 2011 IN THE VAIL TOWN COUNCIL CHAMBERS FUTURE AGENDA ITEMS: July 19, 2011 Work Session: Benefits Review Discussion - HR - JP - 30 min. Egle County Airport update - Kent Myers - 30 min. July 19, 2011 Evening Meeting: 2nd Reading of Supplemental #2 - Kathleen - 30 min. Conference Center Polling Presentation- Lori W /Suzanne - 45 min. East Lionshead and Concert Hall Plaza - Todd O. - 30 min. IGA - Raw Water Agreement with ERWSD - Greg Hall - 15 min. Other Dates TBD: BBQ Lunch with VVF staff re: Teva review - August 5 - 60 min. Rezoning of Red Sandstone Park, Briarpatch Rockfall and Ruder Cemetery - August 5 - George Ruther - Evening - 30 min. Water Quality Improvement - George - August 5 - WS - 10 min. Council discussion of 5 -yr Capital & RETT plans - Kathleen - 30 min. - August 16 Chamonix Commons Market Study and Loan Authorization - Nina - 30 min. - August 16 Council Review of Town Manager's Budget - 1 st draft - Kathleen - 60 min. - Sept. 6 VLMD - separate meeting - Review of 2012 Operation Plan - Kathleen - 15 min. Sept. 6 First reading of 2012 Budget Ordinance - Kathleen - 20 min. - Evening - Oct. 4 Second Reading of 2012 Budget Ordinance - Kathleen - 10 min. - Evening - Oct. 18 VLMD Budget Resolution - Kathleen - 15 min. - Oct. 4 VRA - separate meeting - Budget Resolution - Kathleen - 30 min. - Oct. 18 First Reading of Mill Levy certification ordinance - Kathleen - 30 min. - Evening - Nov. 15 Second Reading of Mill Levy certification ordinance - Kathleen - 10 min. - 7 '� 201 Evening - Dec. 6 First Reading of Supplemental #3 - Kathleen - 30 min. - Evening - Dec. 6 Second Reading of Supplemental #3 - Kathleen - 10 min. - Evening - Dec. 20 Review of proposed access improvements to Vail Village Visitor Center (construction of vehicle pull -off to support enhanced guest services - Suzanne /Greg H. - 20 min. - TBD Recognition of Mike Kloser - Mark Miller - Evening - TBD - 10 min. Lunch with Town Council and Staff - Stan - 60 min. - TBD Comcast update - Matt Mire - 30 min. - TBD Open Space Committee Recommendations on: Land Use Amendment, Rezoning and Open Space Designation - Bill Gibson - WS - 30 min - TBD Discussion on Pilot Program to replace What's Happening Signs with Digital Technology and Electronic Signs Policy Discussion - Suzanne /George - 45 min. -TBD Historic /Landmark Preservation Discussion - July 2011 - George - 30 min - TBD Strategic Parking Plan - Greg Hall - 60 min. - TBD 7 '� 201 K � TOWN OF VA1 0 VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: July 5, 2011 ITEM /TOPIC: DRB /PEC Update PRESENTER(S): Warren Campbell ATTACHMENTS: Design Review Board June 27, 2011 PEC Meeting Results 7 , %; '2 0 TOWN OF VAIL DESIGN REVIEW BOARD AGENDA PUBLIC MEETING Council Chambers 75 S. Frontage Road - Vail, Colorado, 81657 MEMBERS PRESENT MEMBERS ABSENT PROJECT ORIENTATION MAIN AGENDA There are no results to provide to you as there have not been any Design Review Board meetings held since the last regularly scheduled meeting held on June 15. Those results were provided to you at your June 21, 2011 regular Council meeting. The next regular Design Review Board meeting is scheduled to be held on July 6, 2011. 7/5/201 Page 1 1 -1 -1 PLANNING AND ENVIRONMENTAL COMMISSION June 27, 2011 O 1:OOpm W TOWN COUNCIL CHAMBERS / PUBLIC WELCOME 75 S. Frontage Road W. - Vail, Colorado, 81657 MEMBERS PRESENT MEMBERS ABSENT Pam Hopkins Luke Cartin Michael Kurz Bill Pierce Henry Pratt John Rediker Tyler Schneidman Gore Creek water quality testing results, ERWSD, Linn Brooks 45 minutes Linn Brooks made a presentation on the progress of the development of a water quality improvement plan. She highlighted the memo included in the packet which contained the most recent findings. Gary Brooks of Alpine Engineering made a presentation on the geospatial maps that have been created to help with understanding the data that is being collected. The presentation also identified stressors upon the creek. Kirby Wynn made a presentation on the nutrient findings contained in the creek. Linn Brooks concluded the presentation by addressing the conclusions to date. Water chemistry is typically good, need for improved maintenance of BMPs, and stronger regulations in the Town Code to protect the riparian area of the creek. Commissioner Kurz asked when the state hearing was to be held. Linn Brooks stated that the hearing is December 12, 2011, with the notice of the hearing sent in September. Commissioner Kurz inquired as to other streams in the general area which are experiencing stresses such as the Blue River in Silverthorne and Summit County. Linn Brooks stated that there are other waterways which are impacted, but she is not aware of other groups undertaking the effort that this watershed council is undertaking. Commissioner Kurz inquired as to the innovation of the process our watershed is taken. Linn Brooks stated that she believed the State would take notice of the effort and hopefully keep our streams off the impaired stream list. SITE VISITS 1. Ruder Cemetery — 2846 Basingdale Boulevard 2. Dean Residence — 4918 Meadow Drive 10 minutes Page 1 7/5/2011 1 -2 -1 1. A request for the review of a final plat, pursuant to Chapter 13 -4, Minor Subdivisions, Vail Town Code, to allow for the subdivision of one lot into two lots, located at 600 West Lionshead Circle (First Chair) /Part of Lot 1, Block 1, Vail Lionshead Filing 3, and setting forth details in regard thereto. (PEC110037) Applicant: Vail Corporation, represented by Mauriello Planning Group Planner: Rachel Dimond ACTION: Approved MOTION: Kurz SECOND: Pratt VOTE: 6 -0 -0 Rachel Dimond made a presentation per the Staff memorandum. The applicant had nothing further to add and made themselves available for any questions. There was no public comment. The commissioners expressed their support for the application. 20 minutes 2. A request for the review of a variance, pursuant to Section 14 -1 -5, Variances, Vail Town Code, from Section 14 -10 -5, Building Materials and Design, Vail Town Code, to allow for the installation of solar panels extending higher than one foot above the building ridgeline, located at 4918 Meadow Drive, Unit A /Lot 16, Block 7, Bighorn Subdivision Fifth Addition, and setting forth details in regard thereto. (PEC100046) Applicant: Warren Dean, represented by Capitol Solar Energy Planner: Rachel Dimond ACTION: Tabled to July 11, 2011 MOTION: Kurz SECOND: Pratt VOTE: 4 -2 -0 (Pierce and Schneidman opposed) Rachel Dimond made a presentation per the staff memorandum. Commissioner Kurz and Pierce clarified the need for a variance. Commissioner Pratt asked how the Colorado State laws affect the Town's regulations. Rachel Dimond responded that the Town Attorney's office has determined that the Town's regulations are legal. Jason Weingast with Active Energies presented the results of a solar analysis of the site. The lot has 82% sun access or 18% lack of access. He testified that more access is better, but the site has adequate access. Commissioner Pratt asked what efficiency would be lost if the panels were lowered to the ridge height. Mr. Weingast did not have the specific numbers for the change. He noted that the panels are at the lowest angle already, and a steeper angle is more desirable. Commissioner Pierce asked about the impact of angling the panels differently. Mr. Weingast again deferred to Laurent Meillon's upcoming presentation. He noted concerns about adequate drainage within the solar panel. Commissioner Rediker asked if the smaller panels were as efficient. Page 2 7/5/2011 1 -2 -2 Mr. Weingast noted that the efficiency was similar, but less energy would be collected. Laurent Meillon of Capitol Solar Energy stated that they are a 30 -year old company and they understand when permits are needed. It was their understanding that the solar panels had been included in the building permit plans and building inspections were performed. The panels had not actually been included in the building permit. They did not anticipate the Town would have rules about solar panels after the 1973 state laws that don't allow aesthetic restrictions on solar panels. Commissioner Pierce clarified that debate about Town versus State laws was not the issue, but the issue is what is different about this property that justifies a variance. Laurent Meillon noted that their company stocks numerous sizes of panels and the request for the variance is not due to the owner already purchasing certain panels. He noted that the issue is the solar access challenges associated with the site. He clarified that they are proposing a solar thermal system for hot water heating and not solar panels for the generation of electricity. He noted that even the neighbor's letter of opposition recognizes that there a solar access issues with the site. He stated that the panels need to be as steep as possible and need to be angled toward the sun to be functional. He noted that the Town's ordinances recommend angles up to 55 degrees, but their panels are only 35 degrees. He stated that 35 degrees is the lowest minimum angle for the panel to function. He clarified that the neighbor's letter is based upon the previous installation of the panels, but they are now proposing to lower panels. Mr. Meillon noted that the owner of the other half of the duplex has approved the proposed panels. Commissioner Rediker asked for additional information about why the applicant can not pursue an alternative installation design. Mr. Meillon presented tables and charts comparing the availability of solar energy and the heat load needs for the house. He noted that the proposed installation would have a 72% efficiency and a 30 -year pay back. He said he understands that cost is not a factor for the Commission's review, but the payback on investment is an important factor in the purchase of any solar system. He added that the angle of the panels is important to ensure that snow slides off. Commissioner Pierce asked if the system would function using 8 or 6 foot panels instead of 10 foot panels. Mr. Meillon state that the system would function, but it decreases its efficiency below a level acceptable to the homeowner. Commissioner Hopkins asked how cold winters with a lot of snow affects the panels. Mr. Meillon explained how an adequate angle would allow the panels themselves to melt the snow. He noted that the effects on photovoltaic systems are different. Mr. Meillon distributed a photograph of a similar solar system as an example of how this proposed system would appear. He addressed the review criteria. He addressed the environmental and health benefits of the proposed solar system. He identified two solar systems in Vail with a 60+ degree angle that are visible from the rear. Commissioner Pierce asked for the location of the existing panels. Mr. Meillon clarified the location as a home on Aspen Lane. Page 3 7/5/2011 1 -2 -3 Rachel Dimond clarified that this system was installed prior to the existing regulations. Mr. Meillon noted that Vail has a reputation for making it difficult to install solar panels. He noted that the permit costs for an $80,000 installation in Eagle -Vail was only $50 and he made only one visit to the County offices. Vail is more expensive and has taken 50 plus hours of his time. He does not believe state law was intended to only apply to homeowners associations, but also to towns. He hopes the Town of Vail will reconsider its regulations. He identified the federal funding available for solar projects. He also noted Vail goals of promoting environmental issues. He asked if the Commission wanted to prohibit solar or encourage renewable energy. He identified the positive effects on air pollution. Mr. Meillon identified that the variance is needed due to practical difficulties and exceptional circumstances as identified in the review criteria. He stated that the home is existing. If the home was still in the design stage the roof could have been raised to accommodate the panels as proposed. He noted that not approving the variance would deny the owners the privileges afforded to other owners. Warren Dean, husband of the homeowner, made himself available for questions. He said he would prefer not asking for a variance, but feels backed into a corner. The site is difficult for solar access and the roof ridge is lower than the maximum building height. He clarified that the highest portion of the panel generates the most energy. There was no public comment. Commissioner Hopkins asked if the future height of the adjacent trees was taken into account when designing the system. Mr. Dean stated that the projected height was considered and so were impacts of the pine beetle epidemic. Commissioner Kurz asked about the color of the panels. Mr. Meillon clarified that they are brown. Commissioner Kurz identified the positive intent of the homeowner and solar companies and identified the conflicts between State and Vail laws. He noted the minimal visual impacts of the panels. He stated he was contemplating whether or not this is special privilege and thus jeopardizing the integrity of the ordinance. However, he does believe the visual impacts are minimal and may support the variance. Commissioner Pratt identified that the roof is not built to the maximum height and could be raised. By raising the ridge height, the variance would not be needed. While he agrees with many of the applicant's arguments and applauds the homeowners attempts, but he does not believes the criteria have been met. Commissioner Rediker agrees with Commissioner Pratt's comments. He applauded the applicant's intent and believes the Town should promote solar energy. He asked Staff to clarify why the variance would be special privilege. Rachel Dimond clarified that a solar system could be installed without a variance. She clarified that installation costs and payback rates are not a matter for consideration. Page 4 7/5/2(8 1 1 -2 -4 Commissioner Hopkins asked for clarification of the existing regulations. Rachel Dimond noted that the roof could be altered. Commissioner Pierce noted that the rules should apply to everyone and could be changed. Commissioner Hopkins had questions about future technology options and what impacts tree growth have on the system. Commissioner Pratt noted that if the trees die, the panels could be lowered. Commissioner Schneidman noted that this was the debate during the adoption of the regulations. He stated he does not believe the proposed variance meets the criteria of the code, and his role as a Commissioner is to review the adopted criteria. Commissioner Rediker asked about the applicant's solar analysis. Rachel Dimond clarified that the applicant did not submit the study to the Town. Commissioner Rediker noted that every variance is a special request. He noted that the applicant chose not to submit a solar analysis as requested by the Staff. He noted that variances are sometimes needed for the best interest of the community. Commissioner Schneidman made a motion to deny the variance pursuant to the memorandum. Commissioner Rediker asked if there is any benefit to tabling the item and asking the applicant to revise the application or provide additional information. Commissioner Pierce asked Commissioner Schneidman to clarify his motion to reference. The applicant requested that the Commission table this item. There was no second to the motion. A motion was then made to table the item. Commissioner Pierce asked what information could be provided by the applicant to add to the discussion which had already taken two hours. He asked if the Commission could consider a revised application. Commissioner Pratt asked if the commission was obligated to table the item. Rachel Dimond responded that the commission did not have to table the item at the applicant's request. 20 minutes 3. A request for the review of a preliminary plan and a final plat, pursuant to Chapter 13 -3, Major Subdivisions, Vail Town Code, to allow for amendments to the existing Parcels A through F and Units 1 through 3 of the Residences at Briar Patch, and the creation of Parcels G and H of the Residences at Briar Patch for the purposes of preserving open space and mitigating high severity rockfall hazards, located at 1446 Buffehr Creek Road; 1386, 1388, and 1390 Briar Patch Lane; 1374 and 1378 Sandstone Drive /Lots G2, G5, and G6, Lion's Ridge Subdivision Filing 2 (Residences at Briar Patch), and setting forth details in regard thereto. (PEC110034) Applicant: Town of Vail Page 5 7/5/2(8 1 1 -2 -5 Planner: Bill Gibson ACTION: Tabled to July 11, 2011 MOTION: Kurz SECOND: Pratt VOTE: 6 -0 -0 5 minutes 4. A request for a recommendation to the Vail Town Council for changes to the Town of Vail Land Use Plan Map, pursuant to Chapter VIII, Implementation, Town of Vail Land Use Plan, to allow for a land use category change from Low Density Residential to Open Space; and a request for a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12 -3 -7, Amendment, Vail Town Code, to allow for a rezoning from Two - Family Primary/Secondary District to Outdoor Recreation District, located at 2846 Basingdale Boulevard /Lot 1, Block 9, Vail Intermountain Development Subdivision, and setting forth details in regard thereto. (PEC110028) Applicant: Town of Vail Planner: Bill Gibson ACTION: Recommendation of approval MOTION: Pratt SECOND: Kurz VOTE: 6-0-0 Bill Gibson made a presentation per the Staff memorandum. There was no public comment. Commissioner Pratt asked if there are any negative aspects to the proposal. Bill Gibson responded that the Town has evaluated the proposal and deems that there will be minimal impacts at all, if any negative. Commissioner Kurz asked if there are people who visit the cemetery. Gibson stated that family members of the deceased live locally and still visit the cemetery. 5. Approval of June 13, 2011 minutes MOTION: Kurz SECOND: Schneidman VOTE: 6 -0 -0 6. Information Update 7. Adjournment MOTION: Kurz SECOND: Schneidman VOTE: 6 -0 -0 The applications and information about the proposals are available for public inspection during regular office hours at the Town of Vail Community Development Department, 75 South Frontage Road. The public is invited to attend the project orientation and the site visits that precede the public hearing in the Town of Vail Community Development Department. Please call (970) 479 -2138 for additional information. Sign language interpretation is available upon request with 24 -hour notification. Please call (970) 479 -2356, Telephone for the Hearing Impaired, for information. Community Development Department Published June 24, 2011, in the Vail Daily. Page 6 7/5/2011 1 -2 -6 K � TOWN OF VA1 0 VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: July 5, 2011 ITEM /TOPIC: Proposed revenue projections for 2012 PRESENTER(S): Kathleen Halloran ACTION REQUESTED OF COUNCIL: Discuss the projected major revenue items for the 2012 budget and provide direction to staff BACKGROUND: The start of every budget cycle starts with the discussion of major revenues. Future revenues are calculated based on current year to date, five -year averages and analysis of external economic influences. STAFF RECOMMENDATION: Discuss and provide any changes or recommendations to the 2012 revenue projections. ATTACHMENTS: Major Revenue 7 , %; '20 TOWN OF VAIL� Memorandum TO: Vail Town Council FROM: Finance Department DATE: July 1, 2011 SUBJECT: 2012 Major Revenue Items I. SUMMARY Revenue projections for 2012 are included for Council's review (attachment A) which will set the stage for this year's budget process. II. DISCUSSION The town's major revenue sources have been projected conservatively, in accordance with budget guidelines, based on historical trends and any additional information known at this time. The chart below depicts anticipated revenue for 2012: 2012 Net Revenue Projection: $47.3M Rent, Fines & Miscellaneous 6°% Earnings on Transfer from VRA Investments Charges for 7°% r 1% Sales Tax Services I 38% Transportation 4 % Centers 11% Intergovernmental Revenue 5% 1 Licenses and Permits 2°% / Real EstateTransfer— Tax Ski Lift Tax and Use Tax Property and 8 °% Ownership Tax Franchise Fees 1% 9°% 10% 7/5/2011 2 -1 -I The following assumptions were used in developing the revenue projections included in attachment A: Sales Tax Total sales tax revenue for 2012 is projected at $17,800,000, flat with projected 2011 collections. As of May, 2011 sales tax receipts are up 10.4% ($978,000) from 2010, and 11.7% ($1.1 million) over budget. If the remainder of 2011 mirrored 2009 (lowest collections in the last 5 years), the town will end the year exceeding the budget by at least 5 %. The proposed 2012 revenue is less than 2006 sales tax collections. Real Estate Transfer Tax (RETT) Real estate tax revenues of $3.8 million are projected at an overall decrease of 18% from the 2011 budget, and 44% less than 2010 actual. Historical trends for RETT are complex due to sales of recently - completed major redevelopment projects such as the Four Seasons, Lion Square Lodge North, Manor Vail, Ritz Carlton Residences, and Solaris to name a few. Current RETT projections assume that only 70% of units from these recently completed developments sell over a 6 -year period, at a 10% discounted price from actual closings. Over the past 5 years, sales from major projects have averaged 52% of total RETT collections. While these sales have been stronger than anticipated, our projections for 2012 remain conservative, with major projects making up only 37% of the total. The remaining base ( "normal ") real estate sales are projected at a 20% decrease from 2010. Base sales for 2011 are currently 7.6% down from 2010. Property Tax Based on recent valuations from the County assessor's office, 2012 property tax revenue is estimated with a 25% decrease to property values. This is offset somewhat by the completion of major redevelopment projects including Four Seasons and Solaris. Total property and ownership tax revenue of $4.6 million contributes 9% of the town's total revenue. Parking Total parking revenue of $4.4 million is flat with the reduced 2011 budget and a 12% decrease from 2010. Currently no increase in pricing of either parking passes or daily rates is assumed, however these revenue projections may change based on any policy adjustments recommended by Council. Ski Lift Tax Lift tax collections of $3.5 million are projected at a 4% increase from 2010, based on the historical trend over the last five years. While 2011 receipts are currently 7% higher than the same time last year and a record winter for skier visits, the projection for 2012 is conservative in light of the EPIC pass price increase. Construction Permit Fees Although this revenue source was significant during redevelopment, it has returned back to pre - redevelopment levels. A total of $753,000 is projected for 2012, a 40% decrease from 2010. This amount is based on the 5 -year average prior to redevelopment (1999- 2003). Transfer from VRA The town will continue to receive reimbursement for expenditures directly relating to the construction of the East and West LionsHead Portals and capital maintenance of the LionsHead parking structure. In 2012, the town expects to be reimbursed a total of $3,190,000 for those projects. Town of Vail Page 2 7/5/20 11 2 -1 -2 Summary Our current proposal shows a total of $47.3 million in 2012 revenue, a 17.6% decrease compared to $57.4 million budgeted for 2011. The projected decrease of $10.1 million is mainly due to less VRA reimbursement ($6.6 million), a decrease in RETT ($1.0 million), less federal grants ($1.5 million) and a decrease in property tax revenue ($504,000). All revenue items will be reviewed in more detail as we proceed through the budget process and will be adjusted as needed. Town of Vail Page 3 7/5/20 1 2 -1 -3 Vail Town Council Attachment A Major Revenue Analysis 2012 Budget 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Actual Actual Actual Actual Actual Actual Actual Actual Amended Proposed Comments % - 10 acwal %-.2011 General Sales Tax 14,734,552 15,581,575 16,791,157 17,986,796 18,913,138 19,631,366 16,913,338 17,676,115 17,800,000 17,800,000 2012 flat with projected 2011; Still less than 2006 collections -3.5% 5.7% 7.8% 7.1% 5.2% 3.8% -13.8% 4.5% 0.7% 0.0% RETT Tax 3.270.723 4,850.152 6.206.054 6.239.744 6.536.118 9.091.917 2,513.481 6.950,701 4.670.000 3,835.000 Base sales at 20% decrease from 2010 (currently down 7.6% in 2011); 11.1% 48.3% 28.m/ 0.5% 4.7% 39.1 % -72.4% 176.5% -32.8% -17.9% Recently completed major projects: Assumes over 6 years 70% of inventory sold at a price 10°/ less than units sold the last two years. Parking Revenue 2,993,378 3.285.932 3,651.537 4.007.334 4,514.392 4.705.985 4.975.795 5.037,042 4.411,500 4,425.000 5 % decrease from 2010 and flat with projected 2011 17.4% 9.8% 11.1% 9.7% 12.7% 4.2% 5.7% 1.2% -12.4% 0.3% Property & Ownership Tax 2,822,742 2.621.494 2.627.877 2,931.347 3,012,030 4,309.622 4.506,491 4,951.386 5.055,000 4.551.000 25% decrease in assessed values projected for 2012; offset by completion of major projects 7.3% 7.1% 0.2% 11.5% 2.8% 43.1 % 4.6% 9.9% 2.1 % -10.0% This projection ties with assessor's report dated May. 2011 with updated values and assumes taxpayer appeals Lift Tax Revenue 2273.055 2.496.162 2.777.698 2.975.097 3.039.619 3277.703 3,048,011 3.357,7 17 3,193.000 3,492.000 2012 at 4% increase from 2010 based on 5 -year average annual increase -3.1% 9.8% 11.3% 7.1% 2.2% 7.8% -7.0% 10.2% 4.9% 9.4% Construction Fees 1,020.917 1,608,461 2,466,054 3.481,989 4.992,752 3.799.444 1,341,731 1272.606 673,250 753.000 2012: 40% less than 2010 actual; 2011 YTD activity indicates we may surpass budget 19.5% 57.6% 53.3%. 41.2% 43.4% 23.9% -64.7% -5.2% 47.1% 11.8% No major projects assumed after 2011 Construction Use Tax 608.483 713.582 1.103,119 500.000 515.000 3% annual increase after 2011; No major projects assumed N/A 17.3% 54.6% -54.7% 3.0% Other Taxes 1.265.084 1,254.005 1,251,928 1.367,139 1,399.739 1.644,975 1.545,535 1,711.350 1,324.800 1.503.600 County sales tax (based on TOV sales tax), Road & Bridge. Hwy users revenue, etc. 157.0 % -0.9% -0.2% 9.2% 24% 17.5% -6.0% 10.7% -22.6% 13.5% Increase in Road& Bridge based on 5 -year average All other items flat Federal / County Grants 89.700 1.412.098 19.500 1.739.052 59.542 203.765 3.785,144 1,629.025 154.010 2012: SAFER grant $65K (thur 2013). COPS grant $89K phru 2012) -58.8%1 1474.2% N/A N/A N/A N/A N/A 1757.6% -57.0% 99.5% No Federal Transit Authority grants anticipated for 2012 Earnings on Investments 311,966 446,430 1,112.872 2,133,315 2,624.092 1,841,335 460,234 330216 .284.503 318.400 2012 based on .5% return 90.9% 43.1% 149.3% 91.7% 23.0% -29.8% -75.0% -28.3% -13.8% 11.9% Rental Income 616.412 803,939 780.214 827,280 897,958 949.961 912,090 862,151 869 869,816 Flat with 2011; Since 2010, overall rental activity has decreased due to 23.4% 30.4% -3.0% 6.0% 8.5% 5.8% -4.0% -5.5% 0.9% 0.0% market pricing and availability E911 and Interagency Dispatch 1,037,223 1 1,088.068 1,165.164 1 1.337,583 1,528.608 1 1.657.622 1.904,572 1 1,908,591 1.958.581 1 2,005,190 1 Funding by E911 Authority Board 13.0% 4.91 7.1% 14.8% 14.3% 8.4% 14.9% 0.2% 26% 24% All Other Revenue 7,866.081 8,609.569 10.091,661 5,137.281 7,327.228 6.500.285 4,313,916 9,027,673 14,983,932 7,050.086 2005 incl. $4M Conference Center collections & $21M project reimb. 30.1% 9.5% 17.2% 49.1% 42.6% -11.3% -33.6% 109.3% 66.0% -52.9% 2007 incl. $1.210 recreation ammenities and $1.310 project reimb. 2008 incl. over $1 M of project reimbursement and $500K in Housing Fee in Lieu Total Revenue 38,301.833 44.057,885 48.941.716 50.163,958 54.845,217 58.018,698 43,352,542 57.973,811 57,353,407 47,272.102 2010 incl. repayment of VRD promissory note ($1.028M), sale of Arosa duplex ($816K) %com red to Prior Year 11.8% 15.0% 11.1% 2.5% 9.3% 5.8% -25.3% 33.7% -1.1 % -17.6% Vail Resorts remib for skier drop off $725K and project reimbursements $783K 2011 incl. $9.8 M reimbursement from VRA for Transit Center 2012 incl. $3.19 M reimbursement from VRA for LionsHead Portal projects Town Ot Vail 7/5/2011 Pa 4 2 -1 -4 K � TOWN OF VA1 0 VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: July 5, 2011 ITEM /TOPIC: Information Update and Attachments: 1) Sales Tax; and 2) Gore Creek Water Quality Improvement Plan - Status Update PRESENTER(S): Various ATTACHMENTS: Sales Tax Memo Sales Tax May 2011 update Gore Crek Water Quality Improvement Plan - Status Update 7 2011 MEMORANDUM June 29, 2011 To: Vail Town Council Stan Zem ler Pam Brandmeyer Judy Camp From: Sally Lorton Re: May Sales Tax On the reverse side please find the latest sales tax worksheet. I estimate Vail will collect another $53,000.00 in May sales tax to bring May collections to $471,581.00. If so, we will be up 11.8% or $49,656 from May 2010 and down .7% or $3,286 from budget. Year to date would be up 11.7% or $1,084,571 from budget and up 10.4% or $978,122 from 2010. 7/5/2011 3 -1 -1 Month 2001 2002 2003 2004 2005 2006 Town of Vail Sales Tax Worksheet 6/29/2011 2007 2008 2009 2010 Budget % Change % Change 2011 Budget from from Collections Variance 2010 Budget January 2,210,547 2,073,481 1,997,091 2,225,841 2,275,967 2,597,985 2,783,306 2,976,655 2,619,673 2,564,383 2,516,566 2,794,140 277,574 8.96% 11.03% February 2,366,321 2,281,833 2,111,163 2,362,825 2,429,377 2,527,130 2,718,643 3,071,615 2,588,889 2,577,360 2,505,720 2,801,473 295,753 8.70% 11.80% March 2,568,871 2,699,664 2,372,942 2,344,178 2,785,101 2,852,954 2,986,446 3,327,304 2,504,567 2,685,004 2,667,886 3,133,457 465,571 16.70% 17.45% April 1,043,431 870,875 871,468 992,157 915,554 1,280,324 1,330,740 1,098,918 1,235,941 1,156,934 1,134,118 1,183,077 48,959 2.26% 4.32% May 448,234 414,248 428,919 411,595 458,770 449,283 545,874 622,103 516,150 421,925 474,867 418,581 (56,286) -0.79% - 11.85% Total 8,637,404 8,340,101 7,781,583 8,336,596 8,864,769 9,707,676 10,365,009 11,096,595 9,465,220 9,405,606 9,299,157 10,330,728 1,031,571 9.84% 11.09% June 751,439 657,707 742,755 732,113 834,913 805,362 953,017 918,061 717,233 873,765 793,035 July 1,157,867 1,044,966 1,075,532 1,128,514 1,166,183 1,255,243 1,265,781 1,397,842 1,121,860 1,228,767 1,165,084 August 1,124,275 1,084,318 1,029,446 994,445 993,985 1,055,614 1,162,746 1,349,795 1,068,391 1,147,352 1,074,844 September 747,766 713,574 679,208 757,033 795,807 832,549 908,318 834,569 753,754 761,425 759,593 October 486,570 484,425 508,092 532,537 566,173 614,396 688,519 662,767 581,033 594,362 582,834 November 571,783 642,293 591,269 623,646 713,117 799,582 747,877 719,109 651,873 701,075 671,262 December 1,933,940 2,139,417 2,171,098 2,362,095 2,549,032 2,771,258 2,821,871 2,652,628 2,553,974 2,963,763 2,554,191 Total 15, 411, 044 15,106, 801 14, 578, 983 15, 466, 979 16, 483, 979 17, 841, 680 18, 913,138 19, 631, 366 16, 913, 338 17, 676,115 16, 900, 000 MEMORANDUM To: Bill Carlson, Environmental Health Officer, Town of Vail From: Bob Weaver, Leonard Rice Engineers, Inc. Copy to: Urban Runoff Group Date: June 22, 2011 Subject: Gore Creek Water Quality Improvement Plan — Status Report Background The primary goal of Water Quality Improvement Plan (WQIP) for Gore Creek is to develop a guide for the design and implementation of site - specific measures to improve stream health as indicated by macroinvertebrate community metrics. The geographic scope of the WQIP includes Gore Creek from the area near the confluence of Black Gore Creek to the mouth of Gore Creek, with emphasis on development of water quality improvement measures for stream reaches through East Vail and Vail Village above Red Sandstone Creek. The WQIP will identify specific measures and strategies to reduce point and nonpoint source pollution including, but not limited to the following: • Stormwater and urban drainage Best Management Practices (BMPs); • Stream habitat and riparian improvement and protection measures; • Community educational programs; • Ongoing monitoring and data collection to support future revisions to the WQIP; • Maintenance programs for BMPs; • Ongoing monitoring to evaluate effectiveness of water quality improvement efforts; • Institutional arrangements for program implementation; and • Identification of funding sources for program implementation. The WQIP will also provide a template for identification and implementation of water quality and stream habitat improvement measures for other areas within the Eagle River watershed. This memo provides a summary of preliminary findings and observations from the work completed to date and an update on the status of work products and milestones. Preliminary Findings and Observations As described under the next header, the compilation of the data needed for the WQIP is mostly complete. Data analysis is currently underway to complete the stream reach characterization, identification of stressors, and identification of specific water quality improvement measures. Preliminary findings and observations from efforts completed to date are as follows: ❑ Water chemistry data collected at sampling sites in Gore Creek over the last 10 years indicates that water quality standards are being met throughout the watershed and that there are no obvious pollutant[s] that chronically exceed water quality standards for aquatic life. ❑ Preliminary snowmelt sampling results show high concentrations of total suspended solids, total dissolved solids (including chloride), and several metals including iron, copper, and zinc in snowmelt runoff before it reached the stream. Additional analysis is needed to determine if these elevated concentrations could have resulted in the exceedance of the instream aquatic life standards. Lf3UClC rd R i ce 200RNOtfeet, Suite 300 1 Denver, CO 80211 1 303 -455 -95891 www.Mwateuom ENGIVEERS,INC. 3 -3 -1 Linn Brooks June 22, 2011 Page 2 ❑ During preparations of the Stormwater SAP, observations of stormwater sampling locations and stormwater infrastructure indicates that many outfalls discharge directly to the stream without the benefit of BMPs that could help attenuate flows and filter out pollutants. Installation of such BMPs will be important components of the WQIP. ❑ In the process of implementing the Stormwater SAP, we have identified several opportunities for water quality improvements through better and more frequent maintenance of existing stormwater facilities. ❑ Geospatial analyses have identified several potential locations for development of urban runoff detention /infiltration /water quality BMPs in conjunction with the Vail Golf Course Master Plan and with the Frontage Road shoulder widening project that is currently under construction. ❑ Preliminary analysis of macroinvertebrate data collected during the most recent sampling event in September 2010 indicates generally lower Multimetric Index (MMI) scores for many of the sampling locations on Gore Creek and the Eagle River when compared to sampling results from 2008 and 2009. The lower scores could potentially be associated with the impacts from unusually high flows and streambed scouring that occurred during the 2010 spring runoff. • Geospatial data analysis indicates significant degradation of riparian buffer zones along Gore Creek from the confluence of Black Gore Creek downstream to the Eagle River. A healthy riparian vegetation buffer zone, optimally extending at least two channel widths on each side of the stream, is one of the most important elements of a healthy stream ecosystem. • Working with property owners, property managers, and the Town of Vail to achieve restoration of riparian buffer zones along Gore Creek will be a critical component of the WQIP. WQIP Work Status The following outline summarizes the work completed to date for each of the tasks identified in the WQIP Scope of Work. I have also included an update on the anticipated schedule for completion of the work products and milestones associated with each task. Task 1. Compilation of Existing Data - Status: 90% Complete: Work Products: ❑ Maps for geospatial analysis to support reach characterization ❑ Base mapping for water quality improvement projects • Chemical and biological data to support stressor identification • Stormwater BMP and regulatory information ❑ Library of education materials and references to support development of education programs Milestones: ❑ Complete data compilation by 06 -30 -2011 (except fish and stormwater) L@vnard R I ce 200d y Neet, Suite 300 1 Deriver, C4 80211 1 303 - 455.95891 www.LR[water.com ENGINEERS,INe. 3-3-2 Linn Brooks June 22, 2011 Page 3 Task 2. Stormwater Monitoring Sampling and Analysis Plan (SAP) - Status: 80% Complete: Work Products completed to date: • Stormwater Monitoring SAP • Technical memo documenting data analysis results Milestones: ❑ Completed draft SAP on 03 -15 -2011 ❑ Sampling collection ongoing thru 09 -30 -2011 ❑ Data analysis ongoing thru 10 -2011 Task 3. Reach Characterization and Assessment - Status: 50% Complete Work Products: ❑ Base maps showing geospatial information items listed above ❑ Tables and graphics to display water quality information and applicable standards with narrative explanations ❑ Narrative and maps needed to support descriptions of water quality improvements Milestones: ❑ Complete preliminary reach characterization by 06 -30 -2011 ❑ Complete field verification by 07 -15 -2011 ❑ Complete final reach characterization by 08 -15 -2011 Task 4. Identification and Prioritization of Water Quality Improvement Projects - Status: 10% Complete Work Products: ❑ Criteria for project screening ❑ Report providing a list of priority stormwater and drainage improvement projects including rough preliminary estimated design, permitting, and construction costs ❑ Technical memo regarding maintenance needs for existing stormwater infrastructure ❑ Technical memo regarding land use and vegetation management BMPs ❑ Memo on recommendations for stream restoration and aquatic habitat improvements Milestones: ❑ Screening Criteria by 06 -24 -2011 ❑ Priority stormwater and drainage improvements report by 08 -15 -2011 • Maintenance, land use and vegetation management memo by 08 -15 -2011 • Stream restoration and aquatic habitat improvement memo by 09 -02 -2011 Task 5. Identification of Educational Measures - Status: 10% Complete Work Products: ❑ A Public Education Plan outlining educational materials to be used and developed, communication channels, and estimated costs Milestones: ❑ Complete Public Education Plan by 08 -15 -2011 Task 6. Identification of Regulatory Measures - Status: <10% Complete Work Products: ❑ Memo identifying specific regulatory measures that would be appropriated for consideration by the Town of Vail Leonard R I Ce 200H(y Yeet, Suite 300 1 Denver, CO 80211 1 303 - 455.95891 www.LR[water.com ENGINEERS,INe. 3-3-3 Linn Brooks June 22, 2011 Page 4 Milestones: ❑ Completed regulatory measures memo by 08 -31 -2011 Task 7: Identification and Evaluation of Ongoing Data Needs - Status: <10% Complete Work Products: ❑ Memo identifying ongoing data needs associated with each item listed above Milestones: ❑ Complete data needs memo by 08 -31 -2011 Task 8: Estimated Costs and Funding Sources for Plan Implementation - Status: 20% Complete Work Products: • LRE will coordinate the activities outline above and prepare an Excel spreadsheet template for estimation of the costs listed above and assumptions used for development of cost estimates. • The Urban Runoff Group, Funding Committee, will prepare of report identifying potential funding sources for WQIP implementation. (The scope of this report will be defined by the Funding Committee. This report could then be incorporated into the WQIP as an appendix.) Milestones: ❑ Complete cost estimate spreadsheet by 09 -15 -2012 Task 9: Identify Institutional Options - Status: <10% Complete Work Products: ❑ Memo summarizing institutional arrangements adopted by other communities to address urban runoff and stormwater issues. Milestones: ❑ Complete summary memo by 10 -28 -2011 Task 10: WQIP Report Preparation - Status: <10% Complete Work Products: ❑ WQIP Report Milestones: ❑ Draft WQIP Report by 02 -18 -2012 ❑ Final WQIP Report by 04 -15 -2012 Task 11: Project Administration - Status: 40% Complete Work Products: ❑ Participation in periodic meetings of the Urban Runoff Group and the Technical advisory committee; ❑ Monthly progress reports Milestones: ❑ Ongoing as described above LeonardRice 2 7/5/2011 % Suite 300 1 Deriver, CO 80211 1 303 - 455.95891 www.LR[water.com ENGINEERS,INC. 3-3-4 a ♦.p -.1 s IL IL Ap IM w 1 r 4 •y h7' � �, �i q. - dam. r :. _ g ,�� ' 6 . . __ y y � 'r}�`PPS • 'f K •_ - b a. • -• ..! ,� r• � a a� i 1 . - :sE. � �y+a•. { A',� ' J-?' .�i y�Y i f 4 `�� � _'g.�F;�W ' _ : . r+. yow.,e4 I a' r � '�.. �' r ;�c' ",sl� -r y �F�"+�'. � q tl � i. v 1 dp dpI dw • # IW 3 - R" K � TOWN OF VA1 0 VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: July 5, 2011 ITEM /TOPIC: Matters from Mayor and Council 7i5i2011 TOWN OF VAQ ' VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: July 5, 2011 ITEM /TOPIC: Executive Session, pursuant to: 1) C.R.S. §24- 6- 402(4)(b)(e) - to receive legal advice on specific legal questions; and to determine positions, develop a strategy and instruct negotiators, Regarding: update on pending litigation La Bottega v. Village Inn Plaza - Phase V Condominiums Association et al. Case number 10 -CV -1015. PRESENTER(S): Matt Mire 7 , %; '2 0 K � TOWN OF VAII0 VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: July 5, 2011 ITEM /TOPIC: Eagle County Commissioners /Town Council Joint meeting /dinner: 1. Introduction of Tony Sprunk, Open Space Coordinator 2. ECO Transit Update 3. Airport Master Plan Update 4. Economic Development 5. Potential Affordable Housing efforts 6. Regional /Three Mile Land Use Planning update 7. Regional Water Quality Programs update 8. I -70 Transportation 9. 2015 Championships 7 , %; '20