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HomeMy WebLinkAbout2011-08-02 Agenda and Support Documentation Town Council Work Session VAIL TOWN COUNCIL WORK SESSION AGENDA TOM OF V ML' VAIL TOWN COUNCIL CHAMBERS 75 S. Frontage Road W. Vail, CO 81657 10:30 A.M., AUGUST 2, 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: A site visit to Ever Vail to view locations of proposed view corridors in order to address questions raised at the July 19th Town Council public hearing. (60 min.) PRESENTER(S): Warren Campbell 2. ITEM /TOPIC: DRB /PEC Update (15 min) PRESENTER(S): Warren Campbell 3. ITEM /TOPIC: A discussion of allowable uses of Real Estate Transfer Tax (RETT) revenue, in concert with the 2012 Budget process as requested by Council. (20 min.) PRESENTER(S): Kathleen Halloran ACTION REQUESTED OF COUNCIL: Review history of RETT ordinances and allowable uses to provide staff with feedback regarding appropriateness of funding projects within the RETT Fund. BACKGROUND: To be provided in separate memo. STAFF RECOMMENDATION: Provide feedback to staff in preparation of the August 16th capital budget discussion. 4. ITEM /TOPIC: BBQ Lunch with Vail Valley Foundation staff to Celebrate the Teva Mtn. Games(Placeholder) (60 min.) PRESENTER(S): Vail Valley Foundation staff /Town of Vail staff 5. ITEM /TOPIC: Ski Concierge Services Policy Discussion (20 minutes) PRESENTER(S): Rachel Dimond ACTION REQUESTED OF COUNCIL: Staff requests that the Vail Town Council listen to the presentation, ask pertinent questions and provide policy direction on 8/2/2011 ski concierge services. BACKGROUND: Hotels have introduced ski concierge services in close proximity to ski lifts to improve customer service. These ski concierge services often include the temporary outdoor storage of skis and snowboards on rolling racks to facilitate distribution of equipment to guests. Ski concierge services are not contemplated by the Vail Town Code, as this type of service did not exist when the current regulations were adopted As a result, the Town has no underlying policy direction on this subject, and thus, Staff cannot make a determination on how to handle this use. Without clear policy direction, interpretations by Staff may result in arbitrary rulings, inequities, unfairness or inconsistencies. STAFF RECOMMENDATION: The Community Development Department requests that the Vail Town Council provide policy direction and instruct Staff to prepare proposed amendments to the Vail Town Code for review by the Planning and Environmental Commission and the Vail Town Council. 6. ITEM /TOPIC: An update from the Urban Runoff Group on the Water Quality Improvement Plan (WQIP), including recent water quality monitoring activities, Gore Creek reach characterization and assessment mapping, a summary of preliminary findings and observations from the work completed to date and an update on the status of work products and milestones. (30 min.) PRESENTER(S): Linn Brooks, Eagle River Water and Sanitation District ACTION REQUESTED OF COUNCIL: There is no action being requested at this time. BACKGROUND: Unknown impacts to Gore Creek in East Vail, indicated by lack of macro invertebrate diversity, have led Eagle County stakeholders in forming an Urban Runoff Group to develop a Water Quality Improvement Plan (WQIP). The Plan specifies development of a program based upon the analysis of data obtained from sampling sites coupled with data from landowners and property managers, primarily upstream and through the affected areas of East Vail sites. On March 15, 2011, the Town Council authorized $20,000 toward the cost of developing the WQIP. At the June 22, 2011 Planning and Environmental Commission hearing, the Urban Runoff Group gave this presentation to provide the Commission members insight into purpose, goals, and activities of the Water Quality Improvement Plan. 7. ITEM /TOPIC: Information Update and Attachments: 1) Vail Economic Indicator Grid Winter 10/11; 2) May Same Store Sales Report; 3) Vail Valley Athlete Commission Summer 2011 funding report; and 4) June Sales Tax Report. (15 min.) 8. ITEM /TOPIC: Matters from Mayor and Council (15 min. ) 9 . ITEM /TOPIC: Executive Session, pursuant to: 1)C. R. S. §24- 6- 402(4)(a)(b) (e) - to discuss the purchase, acquisition, lease, transfer, or sale of property interests; to receive legal advice on specific legal questions; and to 8/2/2011 determine positions, develop a strategy and instruct negotiators, Regarding: Timber Ridge redevelopment, Lionshead Parking Structure redevelopment, and other real property negotiations; 2) C.R.S. §24- 6- 402(4)(f) ) - to discuss personnel matters, Regarding: Personal matters; 3) C.R.S. §24- 6- 402(4)(b) - to receive legal advice on specific legal questions; Regarding: 2011 Election and other legal updates. (90 min.) PRESENTER(S): Matt Mire 10. ITEM /TOPIC: Adjournment: (3:55 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, AUGUST 16, 2011 IN THE VAIL TOWN COUNCIL CHAMBERS FUTURE AGENDA ITEMS: August 16, 2011 Work Session: Peer Resort Sharing Discussion - Staff /Council - 45 min. Interviews for CSE and LLA board openings - 30 -45 min. Century Link Update discussion - Matt /Ron - 30 min. NWCCOG Brief Discussion from Pam Caskie, Ex. Dir. - 10 min. or TBD August 16, 2011 Evening Session: Appointments to CSE and LLA board - 10 min. Comcast Discussion - Matt - 60 min. Eagle Airport Update - Kent Myers - 45 min. Final Conference Center Ballot Language - Matt /Stan - 30 min. Council discussion of 5 -yr Capital & RETT plans - Kathleen - 30 min. Vail Library Phase I bid award - Todd O. - 15 min. Mutual Aid Agreement - Mark Miller - Consent Agenda Ever Vail - George - 60 min. Other Dates TBD: Council Review of Town Manager's Budget - 1st draft - Kathleen - 60 min. - Sept. 6 VLMD - separate meeting - Review of 2012 Operation Plan - Kathleen - 15 min. Sept. 6 Historic /Landmark Preservation Discussion - September 2011 - George - 30 min - TBD First reading of 2012 Budget Ordinance - Kathleen - 20 min. - Evening - Oct. 4 Election Judge Appointment - Lorelei /Pam - 5 min. - Oct. 4 VLMD Budget Resolution - Kathleen - 15 min. - Oct. 18 Second Reading of 2012 Budget Ordinance - Kathleen - 10 min. - Evening - Oct. 18 VRA - separate meeting - Budget Resolution - Kathleen - 30 min. - Oct. 18 First Reading of Mill Levy certification ordinance - Kathleen - 30 min. - Evening - Nov. 15 8/2/2011 Second Reading of Mill Levy certification ordinance - Kathleen - 10 min. - 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 Recognition of Mike Kloser - Mark Miller - Evening - TBD - 10 min. Lunch with Town Council and Staff - Stan - 60 min. - TBD Strategic Parking Plan - Greg Hall - 60 min. - TBD 8/2/2011 } MINN OF V,llL VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 2, 2011 ITEM /TOPIC: A site visit to Ever Vail to view locations of proposed view corridors in order to address questions raised at the July 19th Town Council public hearing. PRESENTER(S): Warren Campbell 8/2/2011 TOWWM OF . 1� ! VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 2, 2011 ITEM /TOPIC: DRB /PEC Update PRESENTER(S): Warren Campbell ATTACHMENTS: July 20, 2011 DRB Meeting Results July 25, 2011 PEC Meeting Results 8/2/2011 TOWN OF VAIL DESIGN REVIEW BOARD AGENDA PUBLIC MEETING July 20, 2011 Council Chambers 75 S. Frontage Road - Vail, Colorado, 81657 MEMBERS PRESENT MEMBERS ABSENT Tom DuBois Pete Dunning Brian Gillette Rollie Kjesbo Elizabeth Maio PROJECT ORIENTATION 1:OOpm SITE VISITS 1. Pollack Residence — 4173A Spruce Way 2. Townsend Residence — 225 Wall Street 3. First Chair Tour — 600 West Lionshead Circle 4. Moreno Residence — 1807 Alpine Drive 5. Santisi Residence — 2655 Larkspur Lane MAIN AGENDA 3:OOpm 1. Townsend Residence DRB110233 / 15 minutes Rachel Final review of an addition (loft) 225 Wall Street/Part of Lot B, Block 5B, Vail Village Filing 1 Applicant: Dennis Townsend, represented by Danny Swertfeger ACTION: Tabled to August 3, 2011 MOTION: Gillette SECOND: Maio VOTE: 4 -0 -1 (Kjesbo recused) 2. Santisi Residence DRB110236 / 15 minutes Rachel Final review of a minor exterior alteration (chimney, roof, landscaping) 2655 Larkspur Lane /Lot 4, Block 2, Vail Intermountain Applicant: Susan Santisi, represented by John Martin ACTION: Approved with condition(s) MOTION: Gillette SECOND: Maio VOTE: 5 -0 -0 CONDITION(S): 1) This design review approval does not include the removal of the spruce tree as shown in the application. 3. Lapin Residence DRB110213 / 5 minutes Bill Final review of new construction (duplex) 232 West Meadow Drive /Lot 7, Vail Village Filing 2 Applicant: Mery Lapin, represented by Hans Berglund ACTION: Approved with condition(s) MOTION: DuBois SECOND: Gillette VOTE: 5 -0 -0 CONDITION(S): 1) This design review approval is contingent upon the recording of the final plat for Lot 6 and Lot 7, Vail Village Filing 2, associated with subdivision application PEC100054. 2) This design review approval is contingent upon the applicant executing a driveway access easement between Lot 6 and Lot 7, Vail Village Filing 2. Page 1 8/2/2011 2 -1 -1 3) This design review approval is contingent upon the applicant providing the Town of Vail construction access to the adjacent Gore Creek stream tract. The purpose of this access is to facilitate the removal of the existing bridge, removal of the existing timber wall abutments, re- grading and re- vegetation of the stream tract, the installation of stream bank stabilization, and other associated construction activities. 4. Landmark DRB110230 / 5 minutes Bill Final review of a minor exterior alteration (stairs) 610 West Lionshead Circle /Lot 1, Block 1, Vail Lionshead Filing 3 Applicant: Landmark, represented by Mark Hallenbeck ACTION: Tabled to August 3, 2011 MOTION: DuBois SECOND: Maio VOTE: 5 -0 -0 5. Lotker Residence DRB110198 / 15 minutes Rachel Final review of a minor exterior alteration (deck, windows) 2664 Larkspur Lane/ Lot 4, Block 1, Vail Intermountain Applicant: Marc and Riette Lotker, represented by Michael Maggini ACTION: Approved with condition(s) MOTION: Gillette SECOND: Kjesbo VOTE: 5 -0 -0 CONDITION(S): 1) The applicant shall remove the screen wall on the west side of the proposed deck and replace with a railing to match the approved railing design. 2) The applicant shall paint the fascia to match an opaque version of the railing color and shall paint the soffit to match either the stucco color (Pueblo) or the fascia color. 6. Pollack Residence DRB110223 / 15 minutes Rachel Final review of a minor exterior alteration (solar) 4173A Spruce Way /Bighorn Subdivision Addition 3, Block 9, Lot 11A Applicant: Susan Pollack, represented by Jason Perez ACTION: Approved with condition(s) MOTION: Gillette SECOND: Maio VOTE: 4 -1 -0 (DuBois opposed) CONDITION(S): 1) The applicant shall shift the solar panels down slope from the proposed location resulting in the uphill portion of the panels being located where the stakes were placed on site identifying the downhill terminus of the proposed panel location. 2) The applicant shall screen the substructure of the panels by placing an evergreen plant species on the east and west sides. The proposed plant material does not need to be a species which exceeds the height of the underside of the panels. The proposed plant species, quantity and size shall be included in the plans submitted for review in conjunction with the building permit. 7. Moreno Residence DRB110254 / 15 minutes Rachel Conceptual review of an addition 1807 Alpine Drive /Lot 44, Vail Village West Filing 1 Applicant: Ricardo Moreno, represented by Millie Aldrich ACTION: Conceptual review, no vote STAFF APPROVALS Parks Residence DRB110207 Bill Final review of addition - residential (front entry) 303 Gore Creek Drive Unit 6A /Lot 1, Block 5A, Vail Village Filing 1 Applicant: Creek View Property LLC, represented by Michael Current Page 2 8/2/2011 2 -1 -2 Mathias Residence DRB110215 Bill Final review of a minor exterior alteration (deck, terrace) 1330 Sandstone Drive Unit 1 /Lot G4, Overlook at Vail Applicant: Diana Mathias Hillary Residence DRB110231 Rachel Final review of a sign application (temporary construction) 362 Vail Valley Drive /Part of Tract B, Vail Village Filing 1 Applicant: James Hillary, represented by Joe Guthrie Windstream Condominiums DRB110239 Rachel Final review of minor exterior alterations (decks /stairs) 4295 Columbine Drive /Lot 7, Bighorn Subdivision 3rd Addition Applicant: Windstream Condominium Association, represented by William Pierce Town of Vail DRB110242 Warren Final review of minor exterior alteration (landscaping) Vail Golf Course near #7 tee box/Unplatted Applicant: Town of Vail, represented by Scott O'Connell of the Vail Rec District Ackerman Residence DRB110243 Warren Final review of a minor exterior alteration (deck) 967 Vail Valley Drive /Tract C, Vail Village Filing 7 Applicant: Mike Ackerman, represented by Phillip Ashton -Hirst 424 Forest Road LLC DRB110245 Warren Final review of a minor exterior alteration (landscaping) 424 Forest Road /Lot 4, Block 1, Vail Village Filing 3 Applicant: 424 Forest Road LLC, represented by Rick Herwele Vorlaufer DRB110246 Warren Final review of a minor exterior alteration (pavers) 385 Gore Creek Drive /Lot 14, Block 5, Vail Village Filing 1 Applicant: Vorlaufer Condo Association, represented by Sally Hanlon Criss Residence DRB110247 David Final review of a minor exterior alteration (landscaping) 5119 Gore Circle /Lot 8, Block 2, Bighorn 5 Addition Applicant: Erik Criss Smith Residence DRB110249 Warren Final review of a minor exterior alteration (landscaping) 1460 Buffehr Creek Road Unit A /Lion's Ridge Filing 2 Applicant: Grace R. Smith, represented by Kirsten Springer Baumstark Residence DRB110250 Rachel Final review of a minor exterior alteration (roof solar panels) 2308 Garmisch Drive Unit 15E /Lot 15, Block G, Vail Das Schone Filing 2 Applicant: John Baumstark, represented by Jason Perez Creekview LLC DRB110259 Bill Final review of a sign (temporary construction) 303 gore Creek Drive Unit 6A (Vail Rowhouses) /Lot 1, Block 5A, Vail Village Filing 1 Applicant: Creekview LLC, represented by Nedbo Construction Page 3 8/2/2011 2 -1 -3 Diamond Residence B11 -0202 David Final review of a minor exterior alteration (reroof) 4336 Streamside Circle /Lot 3, Bighorn Subdivision Addition 4 Applicant: Ed Diamond, represented by Mark Bellitt of Arapahoe Roofing The applications and information about the proposals are available for public inspection during regular office hours in the project planner's office, located at the Town of Vail Community Development Department, 75 South Frontage Road. Please call 479 -2138 for information. Sign language interpretation available upon request with 24 hour notification. Please call 479 -2356, Telephone for the Hearing Impaired, for information. Page 4 8/2/2011 2 -1 -4 PLANNING AND ENVIRONMENTAL COMMISSION July 25, 2011 1:OOpm TOWN OFVAL TOWN COUNCIL CHAMBERS / PUBLIC WELCOME 75 S. Frontage Road - Vail, Colorado, 81657 MEMBERS PRESENT MEMBERS ABSENT Bill Pierce Tyler Schneidman Michael Kurz Luke Cartin Henry Pratt Pam Hopkins John Rediker SITE VISITS 1. Briar Patch — 1446 Buffehr Creek Road; 1386, 1388 and 1390 Briar Patch Lane; 1374 and 1378 Sandstone Drive 2. Vail Townhouse Condominiums, Vail Row Houses, Texas Townhomes, Vail Trails East and West 20 minutes 1. 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 Planner: Bill Gibson ACTION: Approved MOTION: Kurz SECOND: Cartin VOTE: 5 -0 -1 (Pierce recused) Bill Pierce recused himself due to professional conflict. Bill Gibson made a presentation per the Staff memorandum. Henry Pratt asked how the Town can make a recommendation since the Town is the applicant. Wendy St. Charles, representative of the Briar Patch Association, stated that the associate is in agreement with the Town's application. Commissioner Rediker asked if the Town has worked out negotiations for the land purchase. Wendy St. Charles responded that most negotiations were completed, but the sale was not complete. Commisioner Rediker asked if the land sale was contingent upon the approval of new parcels and building envelopes. Bill Gibson responded that the new envelopes were not related to the land purchase. P a g e 1 8/2/2011 2 -2 -1 Commissioner Rediker asked if Town Staff determined it was appropriate for a change in building envelopes to be included with the creation of the new parcel. Bill Gibson responded that the creation of the new parcels and building envelope changes was appropriate to be reviewed together as they could be approved independently of each other should the Commission feel that one was appropriate and the other was not. Wendy St. Charles added that the HOA want to amend the parcels and building envelopes prior to the Town seeking to purchase Tract G. Commissioner Rediker asked if the Town Attorney has reviewed whose obligation it is to mitigate hazards. He asked whose responsibility and liability it is for the rockfall hazard today and into the future. Bill Gibson responded he was unsure if the Town Attorney had reviewed that matter. Commissioner Cartin asked what is to the west of the proposed Parcel G. Bill Gibson responded it is a Town of Vail owned open space parcel. Commissioner Cartin asked about the Timber Ridge project hazard mitigation and whether the land purchase means the Town has chosen to mitigate with netting. Warren Campbell responded that any mitigation plans would be reviewed by the Commission at a future hearing as was required by a condition placed on the previous approval. Commissioner Cartin added that any addition and construction that is near the ridgeline and visible from below is not favorable. Wendy St. Charles stated that the HOA worked with the Town to ensure no additional ridgeline development. Commissioner Cartin asked about when there is a hazard, who is responsible for mitigation. Bill Gibson explained the Town Code process and procedures required for hazard mitigation. The Town does not typically mitigate hazards on private property. Commissioner Kurz asked why the hazard has not already been mitigated. Gibson responded that there is no Town Code requirement that the HOA mitigate a hazard affecting a neighboring property. Commissioner Pratt asked what rules the town has to administer and regulate envelopes. Wendy St. Charles stated that the restrictions are on the plat. Commissioner Rediker stated he understands the goals of the homeowners. He stated the Town's portion of the deal is not a good deal. The parcel is being purchased with taxpayer money to mitigate issues that are the responsibility of the current owners. Commissioner Pratt stated that he agrees with Commissioner Rediker. Commissioners Cartin and Hopkins agreed with these statements. Page 2 8/2/20 1 2 -2 -2 George Ruther stated that the Vail Town Council and legal Staff have discussed this issue at length and feel this is an appropriate purchase for the Town. Commissioner Cartin stated that the Commissioners should see the mitigation options for Timber Ridge. He would also like more legal input at a future hearing regarding mitigation liability. George Ruther stated that the Vail Town Council decided to acquire this property in order to have control of the property and determine mitigation versus dealing with another landowner. He stated that it could be a less expensive option than other mitigation methods. Commissioner Pratt stated that this is not a recommendation to the Vail Town Council, but rather a final review and final decision. 20 minutes 2. A request for a recommendation to the Vail Town Council for amendments 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 Medium 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 Residential Cluster District to Natural Area Preservation District, located at 1448 Buffehr Creek Road /Lot G, Residences at Briar Patch Subdivision, and setting forth details in regard thereto. (PEC110042) Applicant: Town of Vail Planner: Bill Gibson ACTION: Recommendation of approval MOTION: Kurz SECOND: Cartin VOTE: 5 -1 -0 (Rediker opposed) Bill Gibson made a presentation per the Staff memorandum. Commissioner Rediker asked why the applicant is the Town of Vail, when the property is not currently in their ownership. Bill Gibson stated that the Town can impose zoning on any property owner. He further explained that the plat was noticed prior to the rezoning and with the time spent on the plat the application for the major subdivision "caught -up" with the rezoning application. The intent of the proposed condition was to make any recommendation forwarded by the Commission contingent upon the recording of the related plat. Wendy St. Charles, representative of the Residences at Briar Patch HOA, stated that the contract stipulates rezoning and that she felt it was appropriate for the Commission to consider the rezoning at this time. Commissioner Pratt clarified that the Commission is only making a recommendation to the Vail Town Council, who will determine if the zoning is appropriate for the property. 45 minutes 3. A request for a recommendation to the Vail Town Council on prescribed regulation amendments to Chapter 12 -6, Residential Districts, Vail Town Code, pursuant to Section 12 -3 -7, Amendment, Vail Town Code, to establish a new zone district, Vail Village Townhouse (VVT) District, and setting forth details in regard thereto; and a request for a recommendation to the Vail Town Council on proposed amendments to Chapter VII, Vail Village Sub - Areas, East Gore Creek Sub - Area ( #6), Vail Village Master Plan, pursuant to Chapter VIII, Implementation and Amendment, Page 3 8/2/20 1 2 -2 -3 Vail Village Master Plan, to include recommendations related to a new Vail Village Townhouse (VVT) District, and setting forth details in regard thereto. (PEC110040, PEC110041) Applicant: Town of Vail Planner: Bill Gibson ACTION: Tabled to August 22, 2011 MOTION: Kurz SECOND: Cartin VOTE: 5 -0 -0 Bill Gibson gave a presentation per the staff memorandum. He clarified the intent of the new zone district and that today's hearing was a work session. Mr. Gibson covered several elements of the application that had changed since the Commission had last seen the application. Dominic Mauriello, representing Chris Glavin, owner in the Vail Rowhouses, gave a power point presentation highlighting several suggestions his client has regarding Staff's proposed Vail Village Townhouse District. The presentation included the history of the zoning for the properties, history of the Commission actions on the previous SDD applications and zone district establishment. The presentation covered the architectural standards and guidelines proposed with in the Vail Village Master Plan amendments. The applicant suggested changes to the building step backs, the possible elimination of GRFA and reliance on Design Guidelines, and if that is not palatable why a 1.5 GRFA ratio is appropriate. An argument was made that the bulk and mass created by a 1.5 GRFA ratio was not visually distinguishable from 1.35 or 1.25 GRFA ratios. Junn Dunn, attorney representing Dolph Bridgewater, owner of Vail Row House Unit 11, asked Bill Gibson to clarify that the previous Ordinance that was approved upon first reading on was no longer proceeding forward and had been withdrawn. The application before the Commission was a new consideration of this application. Dolph Bridgewater, owner of Unit 11 in the Vail Row House, spoke to the background on his involvement in the previous applications. He spoke to his notification with regard to the latest application and inability to prepare a response in time for the packets. He has provided a written response to the application for the hearing today. He covered the history of how the application grew from addressing several equity issues to additional development potential. In his opinion this application represents bad public policy. Forcing redevelopment for a non - public goal he does not understand. There is not a stated public goal in conjunction with the application. People visit Vail because of an aesthetic and policy is needed to protect the "historic district" which he believes his property is included within. Commissioner Rediker encouraged Mr. Bridgewater to prepare a statement for the next public hearing. He further questioned if the Town has heard from any other members of these projects regarding their support or lack of support for the application. He felt that it would be appropriate to provide notice to all the properties being considered for inclusion in a new Vail Village Townhome District. Jim Lamont, representing the Vail Homeowners Association, wanted to make it clear that the Board of his association was not taking an official stance on this proposal. He has been speaking to multiple methods of addressing the issues and hand in this application. He highlighted a generational division between older individuals who are reluctant to change and the younger generation seeking a different vision. He stated that we need to think through Vail Village and how we want to see it change and remain intact for future generations, and leaving it intact does not mean leaving it the same. Henry Pratt had to depart at 4:00 pm and was not present for the vote upon the items conclusion. Page 4 8/2/20 1 2 -2 -4 Commissioner Hopkins stated her familiarity with several of the projects under consideration for this new zone district. Many of the projects are condominium ownership and she believe that this needs to be addressed. She believes the zone district should have a basis in a historic vein verse a townhouse district. She is concerned about the two story step back at 20 feet creating an undesirable outcome. She does not believe that the facade articulation will be enough. She does not like the first come first served approached to the front facade. She is also concerned about six story elevation on the rear of the buildings. Commissioner Cartin is complex and not all properties will achieve the same amount of deduction. These properties are townhouse style, not true townhouse development. Are we mashing elements together which will create future headaches. He does not support reducing the step back to 5 -7 feet on the upper floor. These projects are a unique to what is surrounding them from the Village core to Manor Vail. He recommended cleaning up parking easements and public road adjacent to the tennis courts. He is cautious about allowing the buildings to get to much larger. Commissioner Pierce stated that it feels like a project in search of zoning. He will be looking at heights below 43 feet. He suggested that 38 feet is about as high as the projects should get. The result is going to need to be a balance between GRFA, height, setbacks, site coverage, etc. Made a comment about the inset deck and what the Code says about enclosed are being counted towards GRFA and proper design. Commissioner Rediker stated that many of his concerns had been identified by other commissioners. He is not opposed to some additional height and GRFA to accompany redevelopment. He does not believe it is possible to achieve 6 stories at the rear, but the concern is his as well. He would like to understand how the GRFA ratios has been bouncing around over all the hearings. He does not understand why landscaping area is being reduced to 20% from 30 %. He did not understand how a difference in 1.25 and 1.5 GRFA was beneficial beyond additional value to the lots. Commisisoner Kurz identified concerns about the uniformity in the design guidelines creating too much uniformity and that the character of the neighborhood is the difference. He believes the proposal has gone past the scope of the original challenge. He still believes that 1.35 ratio is appropriate and reached after great deliberation. Commissioner Hopkins stated that height is a concern. Jim Lamont mentioned that a future conveyance Chalet Road may need to be addressed by the Town for as part of this application and the overall Village master planning /streetscape process. 20 minutes 4. A request for a recommendation to the Vail Town Council for prescribed regulations amendments, pursuant to Section 12 -3 -7, Amendment, Vail Town Code, for corrections to Section 12 -6F -3, Conditional Uses, Vail Town Code, to allow communications antennas and appurtenant equipment as a conditional use in the Low Density Multiple Family Districts; and for prescribed regulations amendments, pursuant to Section 12 -3 -7, Amendment, Vail Town Code, for corrections to Section 12 -6E -2, Permitted Uses; Section 12 -6F -2, Permitted Uses; Section 12 -6G -2, Permitted Uses; and Section 12 -13 -4, Requirements by Employee Housing Unit (EHU) Type, Vail Town Code, to allow Type 111 Employee Housing Units (EHUs) as a permitted use in the Residential Cluster (RC), Low Density Multiple Family (LDMF), and Medium Density Multiple Family (MDMF) Districts, and setting forth details in regard thereto. (PEC110023) Applicant: Town of Vail Page 5 8/2/20 1 2 -2 -5 Planner: Rachel Dimond ACTION: Recommendation of Approval MOTION: Kurz SECOND: Cartin VOTE: 5 -0 -0 Rachel Friede gave a presentation per the staff memorandum. There was no public comment. The Commissioners expressed their support for the application. 5 minutes 5. A request for a recommendation to the Vail Town Council on prescribed regulation amendments to Chapter 12 -15, Gross Residential Floor Area, Vail Town Code, pursuant to Section 12 -3 -7, Amendment, Vail Town Code, related to the calculation of gross residential floor area on the lowest level of a structure that contains a garage in the Hillside Residential, Single - Family Residential, Two - Family Residential, and Two - Family Primary/Secondary Residential Districts, and setting forth details in regard thereto. (PEC110043) Applicant: Town of Vail Planner: Bill Gibson ACTION: Table to August 8, 2011 MOTION: Kurz SECOND: Cartin VOTE: 5 -0 -0 5 minutes 6. A request for a final recommendation to the Vail Town Council for prescribed regulations amendments to Title 12, Zoning Regulations and Title 14, Development Standards, Vail Town Code, pursuant to Section 12 -3 -7, Amendment, Vail Town Code, to provide regulations that will implement sustainable building and planning standards, and setting forth details in regard thereto. (PEC090028) Applicant: Town of Vail Planner: Rachel Dimond ACTION: Table to September 26, 2011 MOTION: Kurz SECOND: Cartin VOTE: 5 -0 -0 5 minutes 7. A request for a recommendation to the Vail Town Council for prescribed regulations amendments, pursuant to Section 11 -3 -3, Prescribed Regulations Amendment, Vail Town Code, to Sections 11 -7 -15, Public Parking and Loading Signs for Private Property, Vail Town Code, and 11 -7 -16, Informational and Directional Sign for Public Parking on Private Property, Vail Town Code, and setting forth details in regard thereto. (PEC110021) Applicant: Town of Vail Planner: Bill Gibson ACTION: Table to August 22, 2011 MOTION: Kurz SECOND: Cartin VOTE: 5 -0 -0 5 minutes 8. A request for a recommendation to the Vail Town Council on the Special Events Plans for the 2011 US Pro Cycling Challenge, to allow for temporary exemptions from Title 10, Building Codes, Title 11, Sign Regulations, Title 12, Zoning Regulations and Title 14, Development Standards, Vail Town Code, and setting forth details in regard thereto. (PEC110044) Applicant: Town of Vail Planner: Rachel Dimond ACTION: Withdrawn 9. Approval of July 11, 2011 minutes MOTION: Kurz SECOND: Rediker VOTE: 5 -0 -0 Page 6 8/2/20 1 2 -2 -6 10. Information Update 11. Adjournment MOTION: Kurz SECOND: Cartin VOTE: 5 -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 July 22, 2011, in the Vail Daily. Page 7 8/2/20 1 2 -2 -7 TOWN OF °I+ VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 2, 2011 ITEM /TOPIC: A discussion of allowable uses of Real Estate Transfer Tax (RETT) revenue, in concert with the 2012 Budget process as requested by Council. PRESENTER(S): Kathleen Halloran ACTION REQUESTED OF COUNCIL: Review history of RETT ordinances and allowable uses to provide staff with feedback regarding appropriateness of funding projects within the RETT Fund. BACKGROUND: To be provided in separate memo. STAFF RECOMMENDATION: Provide feedback to staff in preparation of the August 16th capital budget discussion. ATTACHMENTS: RETT Di 8/2/2011 TOWN OF VAIL Memorandum TO: Vail Town Council FROM: Finance Department DATE: July 28, 2011 SUBJECT: RETT Discussion I. SUMMARY Council requested a discussion on the allowable uses of Real Estate Transfer Tax (RETT) revenue, in concert with the 2012 Budget process. II. DISCUSSION History of RETT: In 1980 Council had the foresight to pass a 1% real estate transfer tax where the enactment of such a tax is now prohibited by state law. With the establishment of this tax by way of ordinance, Town Council also voted that proceeds would go towards the "purchase of real property, open space and recreational or park purposes," but not employee housing. Since 1980 there have been minor adjustments to the town code wording such as defining individuals responsible for payment, the full meaning of transfer and delinquent collections. In April of 1987, Council passed an ordinance expanding the use of RETT funds to include the improvement of land. In October, 1992 Council passed an ordinance that made it possible to use RETT for "acquisition, improvement and maintenance of real property within the limits of the town or within a mile of town boundaries." (This allowed the town to proceed with the Dowd Junction recreation path). On January 2, 2007 Council passed an ordinance making it possible to use RETT for environmental programs and practices. Below is the current wording in Town Charter 2 -6 -9 regarding the intended uses for RETT proceeds: 1. Acquiring, improving, maintaining, and repairing real property for parks, recreation, open space and similar purposes. 2. The construction, maintenance, and repair of buildings which are incidental to park recreation, and open space land. 3. Landscaping parks and open space. 8/2/2011 3 -1 -1 4. The construction, maintenance, repair and landscaping of recreation paths set forth in the Town of Vail Recreation Trails plan as it may be amended by the Town Council from time to time. 5. Supporting sustainable environmental practices as approved by the Town Council, which may include but shall not be limited to expenditures related to: recycling, forest and ecosystem health, water quality, air quality, noise, wildlife protection, natural resource protection, alternative energy technologies, energy efficiency or any similar purpose as determined necessary for the environmental health and welfare of the Town of Vail, its inhabitants and environs in the discretion of the Town Council. 6. Paying incidental costs and principal of and interest on any funds borrowed for the purposes set forth in this subsection. While Town Council has established these parameters for the use of RETT, there are much broader legal limits. Over the past several years the town has acquired legal opinions which came to the same conclusion: that "there is no limitation in the Town Charter or Constitution on the ability of Town Council to further amend the real estate transfer tax ordinance to alter the purposes for which the real estate transfer tax fund may be used if this presents any limitation on the Council's desired expenditures." Capital Budget Process: The following projects have come up in recent budget discussions and are currently listed in the five -year strategic capital plan as RETT expenditures: • Main Vail round -about pavement apron ($130,000 budgeted in 2012). The purpose of this project is to protect the landscape from cars /trucks over - stepping the boundaries of the street pavement. • Guest Enhancements planning /design ($100,000 budgeted for 2011). This is a portion of costs that would relate to signage of trails, pedestrian pathways and parks /recreation. • Public Restrooms (total budget of $670,000 in 2011). This included two projects, a new restroom facility in Ford Park which staff is comfortable funding from RETT, and a restroom /information kiosk located within the Main Vail Fire Station. While this facility is located directly adjacent to the pedestrian trail, staff is not confident that it meets the criteria outlined above. Staff is asking for Council's feedback on the appropriateness of funding the above projects or any other projects shown in the attachment with RETT dollars. Projects not eligible for RETT funding will be moved to the Capital Projects Fund for consideration during the August 16th capital budget discussion. III. ATTACHMENTS: DRAFT of RETT 5 -year Budget Town of Vail Page 2 8/2/2011 3 -1 -2 8/2/2011 3 -1 -3 -3- TOWN OF VAIL 2011 BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX Amended 2011 2012 2013 2014 2015 Revenue Real Estate Transfer Tax $ 4,670,000 $ 3,835,000 $ 3,709,500 $ 3,709,500 $ 3,709,500 Base sales 20% less than 2010 Golf Course Lease 124,400 126,888 129,426 132,014 134,655 Annual lease payment from Vail Recreation District 2% annual increase - deposited to "Recreation Enhancement Account" (accompanying expenditure listed below) VRD repayment for promissory note - - - - - Full re- payment in 2010 ntergovenmental Revenue 181,000 20,000 20,000 20,000 20,000 2011: $161K GOCO grant for Red Sandstone playground; $20K Lottery proceeds; 2012 -2015 Lottery proceeds Project Reimbursements 442,950 - - - - $400K Insurance reimb for Aspen Ct Bridge and Seibert fountain railing damage ($2,950) Recreation Amenity Fees 10,000 10,000 10,000 10,000 10,000 Earnings on Investments and Other 15,879 68,000 84,600 80,000 92,000 2011:.5 %; thereafter 1 Total Revenue 5,444,229 4,059,888 3,953,526 3,951,514 3,966,155 Expenditures Maintain Town Assets Annual Park and Landscape Maintenance 1,317,340 1,350,140 1,390,372 1,431,810 1,474,491 Ongoing path, park and open space maintenance, project mgmt Management Fee to General Fund (5%) 233,500 191,750 185,475 185,475 185,475 5% of RETT Collections - fee remitted to the General Fund for administration Rec. Path Capital Maint 141,177 115,399 126,782 88,804 80,443 Capital maintenance of the town's recreation path system; Add'I $37K in 2011 for rec path at Red Sandstone school /pedestrian overpass and R.S. park Tree Maintenance 85,000 65,000 65,000 65,000 65,000 Regular maintenance for tree health within the town (spraying, removing, new trees); scale spraying on town -owned property at approx. $120 per tree Flood Incident repairs 400,000 Replacement of Aspen Court Bridge (reimbursed by insurance) Forest Health Management 145,000 150,000 150,000 150,000 150,000 Pine beetle mitigation in conjunction w/ forest service; 2011 -2015; Reduced manager to part-time and reduced seasonal positions from 6 to 4 Street Furniture Replacement 22,500 25,000 25,000 25,000 25,000 Annual replacement or capital repairs, includes bike racks Park / Playground Capital Maintenance 114,841 81,000 80,900 84,872 82,500 $2,950 Seibert fountain railing repair (insurance reimb) Bald Mountain Ftg Rd / Underpass Project 394,900 Reconstruction of retaining wall that supports bike path through the underpass and widening for future bike path shoulders. Glen Lyon Bridge 150,000 Re- decking of recreation path bridge; too large a project to include in annual rec path captial maintenance Alpine Garden Support 65,620 67,589 69,616 71,705 73,856 Re- appropriate $10K to extend an off -cycle grant if BFAG raises $90K in donations (they have currently reached $73,000) Black Gore Creek Sand Mitigation 65,600 50,000 50,000 50,000 50,000 2011 additional $15,600 for the Eagle River Watershed Council for additional water quality monitoring; Annual support of water quality programs Public Art - Operating 89,371 92,052 94,814 97,658 98,720 AIPP salary and operating expenses Environmental Sustainability 319,350 250,000 250,000 250,000 250,000 Environmenal Sustainability programs; 2011 includes an additional $20K for regional water quality improvement plan and $8.8K for Governor's Energy Office rebates Total Maintenance 3,394,199 2,437,930 2,487,959 2,500,324 2,685,485 Enhancement of Town Assets Stephen's Park Stream Repairs 2,759 - - - - Rebuilding of streamside area due to erosion; partially funded by federal grant Trailhead Development / Improvement 24,000 50,000 - - - Improve trailheads; Continued need through 2012 (one trail per year) ADA Compliance w/ VRD 10,000 10,000 10,000 10,000 10,000 Shared costs with VRD - ADA access at recreational facilities;new ADA regulations go into effect 2011 Frontage Road Bike Lanes /Trails 2,364,658 1,150,000 - - - 4 miles of bike lanes (6 foot shoulders) to be added prior to CDOT overlay project; first priority is Blue Cow Chute to East Vail; path from Vail Mtn School to E. Vail exit; 2009 for design ($50K) and survey work ($100K); construction was budgeted in 2010; now pushed to 2011 and 2012. Ford Park Master Plan 2,332,924 - - - - Implementing a portion of master plan, which may include Ford Park parking options Main Vail Roundabout pavement apron 130,000 $130K concrete apron to protect the grass from cars /trucks on the edge of the roundabout - delayed from 2010 to 2012 as of 9/15/09 Ford Park Improvements 200,000 - - - - Ford Park pathwork, restrooms and other improvements Raw Water / Irrigation Control 366,493 - - - - Water supply infrastructure; Orig plan to include in water bills, but interest rate now 5 %, so paying up front instead of financing; ERWSD working on bringing system up to consistent operation prior to bill being paid 8/2/2011 3 -1 -3 -3- 8/2/2011 3 -1 -4 -4- TOWN OF VAIL 2011 BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX Amended 2011 2012 2013 2014 2015 Kayak Take -out 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 14,081 - - - - Survey along Gore Creek Red Sandstone Playground GOCO Grant 161,000 Pass through GOCO grant proceeds to school district for Red Sandstone playground Red Sandstone Park - Per Safety plan 464,000 - - - - Reconstruction of playground per safety plan; 20 years old; in -house design currently underway and staff working on a plan to deal with parking and ADA requirements. Recent acquisition of parking parcel - staff will present park options at future meeting Ford Park Safety Improvements - - - - 304,000 Ford Park playground completed in 2000; pushed improvements to 2015 Booth Creek Playground 15,000 385,250 - - Design in 2011; deferred construction until 2012 Booth Creek Park redevelopment 50,000 1,340,000 - - Design in 2011; deferred construction until 2012 Donovan Park - - - - 304,000 2015 safety improvements to playground / park Ford Park Soccer Field Parking Lot - - - - 400,000 Porous pavement for reconstruction of this lot; Delayed from 2010 to 2015 b/c overlay done in 2009 Public Art - General program / art 285,997 80,000 80,000 80,000 85,000 To purchase sculptures, artwork, art programs and events; remainder is re- appropriated each year to accumulate enough funds Public Art - Morales relocation 215,692 - - - - Relocation of the Morales artwork Public Art - Winterfest 51,600 - - - - Annual Winterfest event; approximate cost of $25K per year; rely on donations Guest Enhancements 100,000 - - - - Planning and design only; implementation plan still on unfunded list Landscape Medians 40,000 Frontage road medians alongside redevelopment projects;$40K in 2011 to modify landscaping in front of the Sebastian to reduce water usage and ongoing maintenance Open Space Land Acquisition 290,000 - - - - Purchase of land above Timber Ridge development Total Enhancements 6,998,204 3,145,250 90,000 90,000 1,103,000 VRD- Managed Facility Projects Recreation Enhancement Account 377,900 126,888 129,426 132,014 134,655 Reserve account for golf course improvements - funded by annual lease revenue Golf Clubhouse 1,292,288 11,862 14,799 8,553 9,451 Clubhouse renovation including clubhouse roof replacement,HVAC, boilers, stucco and trim work, and parking lot asphalt Golf Course - Other 374,301 2,912 3,591 79,278 - 2010/2011: Improvements to golf course: 7th tee box retaining wall, 11th and 17th hole bridges;improvements to maintenance building including stucco, wood trim and soffits; 2014 asphalt driving and parking area Dobson Ice Arena 359,316 58,796 2,784 11,580 84,577 $50K to replace or repair almost all doors; Re- appropriation includes $10,000 for electrical panel upgrade; $120K for louver system upgrade; $25K for refurbishment of wood exterior; $26,157 for landscape plan Ford Park / Tennis Center Improvements 433,753 343,128 2,214 9,816 55,205 2011 to refurbish Ford Park tennis courts; 2012 outbuilding improvements Athletic Fields - - 2,278 12,483 3,011 2014 asphalt overlay of parking lot Youth Services 25,000 - - - - Furnaces (wait until 2011 due to potential Welcome Center project) Gymnastics Center 25,000 1,582 - - - Cooling system Nature Center 5,529 8,517 - - 7,177 2012 wood open rail fencing; 2015 wood siding and trim Total VRD- Managed Facility Projects 2,893,087 553,685 155,092 253,724 294,076 New Assets Public Restrooms 670,000 - - - - Restrooms at W. Meadow Drive & Vail Road; Pushed from '09 to '11 Total New Assets: 670,000 - - - - Total Expenditures 13,955,490 6,136,865 2,733,051 2,844,048 4,082,560 Other Financing Sources (Uses) Transfer to Capital Project Fund 32,964 Transfer to CPF for implementation of energy audit enhancements Revenue Over (Under) Expenditures (8,544,225) (2,076,977) 1,220,475 1,107,466 (116,406) Beginning Fund Balance 17,681,156 9,136,931 7,059,954 8,280,429 9,387,895 Ending Fund Balance $ 9,136,931 $ 7,059,954 $ 8,280,429 $ 9,387,895 $ 9,271,490 8/2/2011 3 -1 -4 -4- TOWN OF V ili VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 2, 2011 ITEM /TOPIC: BBQ Lunch with Vail Valley Foundation staff to Celebrate the Teva Mtn. Games (Placeholder) PRESENTER(S): Vail Valley Foundation staff /Town of Vail staff 8/2/2011 TOWN OF Ni VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 2, 2011 ITEM /TOPIC: Ski Concierge Services Policy Discussion PRESENTER(S): Rachel Dimond ACTION REQUESTED OF COUNCIL: Staff requests that the Vail Town Council listen to the presentation, ask pertinent questions and provide policy direction on ski concierge services. BACKGROUND: Hotels have introduced ski concierge services in close proximity to ski lifts to improve customer service. These ski concierge services often include the temporary outdoor storage of skis and snowboards on rolling racks to facilitate distribution of equipment to guests. Ski concierge services are not contemplated by the Vail Town Code, as this type of service did not exist when the current regulations were adopted As a result, the Town has no underlying policy direction on this subject, and thus, Staff cannot make a determination on how to handle this use. Without clear policy direction, interpretations by Staff may result in arbitrary rulings, inequities, unfairness or inconsistencies. STAFF RECOMMENDATION: The Community Development Department requests that the Vail Town Council provide policy direction and instruct Staff to prepare proposed amendments to the Vail Town Code for review by the Planning and Environmental Commission and the Vail Town Council. ATTACHMENTS: Ski Concierge Services Memo 080211 Ski Concierge Services Attach A 080211 8/2/2011 TOWN OF VAIL� Memorandum To: Vail Town Council From: Community Development Department Date: August 2, 2011 Subject: Ski Concierge Services Policy Discussion SUMMARY The purpose of this work session is to receive policy direction from the Vail Town Council on Ski Concierge Services. Staff requests that the Vail Town Council listen to the presentation, ask pertinent questions and provide policy direction on ski concierge services. II. PROBLEM STATEMENT Hotels have introduced ski concierge services in close proximity to ski lifts to improve customer service. These ski concierge services often include the temporary outdoor storage of skis and snowboards on rolling racks to facilitate distribution of equipment to guests. Ski concierge services are not contemplated by the Vail Town Code, as this type of service did not exist when the current regulations were adopted. As a result, the Town has no underlying policy direction on this subject, and thus, Staff cannot make a determination on how to handle this use. Without clear policy direction, interpretations by Staff results in arbitrary rulings, inequities, unfairness or inconsistencies. III. SKI CONCIERGE SERVICES ELEMENTS Ski concierge services may include the following elements: • Individual business location or operation within existing ski shops • Locker rooms for hotel guests • Food and beverage components • Outdoor ski storage on rolling racks, ranging from one rack to 12 racks, both on private property and in the right -of -way • Pop -up tents • Signage directing guests to their ski equipment • Employees both inside and outside the business providing services to guests 8/2/2011 5 -1 -1 • Equipment movers, such as bicycle -drawn trailers, typically driven or walked through pedestrian areas • Loading & Delivery issues • Overnight ski storage indoors that may or may not block emergency access IV. STAFF RECOMMENDATION The Community Development Department requests that the Vail Town Council answer the following question: • What is the Town's policy on ski concierge services? Should policy necessitate any amendments to the Vail Town Code, Staff recommends the Vail Town Council instruct Staff to prepare proposed amendments for review by the Planning and Environmental Commission and the Vail Town Council. V. ATTACHMENTS A. Photos of ski concierge services Town of Vail Page 2 8/2/2011 5 -1 -2 - ' 'I !'' 1 . ' . . , . . ( I t ., • _. , . __ .. - . .• . fr ...........„.... - , -. --- • ‘' ..... - --- . „ ... , ... ^... i . .....0 l'''-- ..„... ; . 11, �P I . ■ ____ , '‘,..„.„_,,,,,,,_ ..• .--. --- .---- ...--r----_----- ..... o' ...,---- . , . . . , 1 1 ....•' .,,„,---' 00111111* ,--- , .--- ' .'• ; . . , _ i .0-4- : ,.... ....r . ----, I - ...5,--- I. ■ . . --- -r IV - 11 ',, - IA . ....eeir . ...... . - _ - I i311,...;-1111 ----. 4.111/7„,..; : ' Cli•11',. or .. . __ ir- ANIC1111011W 111144 . 11 00.11D.o. _ e... ' . - ,,,,..ossia,..,,, 111•1[!1.7.! t ,,,c 1 ___. 0 .1•11- Mk ' • • 41 an i niesi ks!ki Goneiet he, H V i ak ....4--. - 1 ..... 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Ir 1 . 11. •• 111,1r . , 1 1.1 4 0F J111 1 1 .4 1 . 1 ;.1 fl 1', i ell . ; 1 1111 ' L 11 .-;■.- ..,___ • • TOM [ F Ni VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 2, 2011 ITEM /TOPIC: An update from the Urban Runoff Group on the Water Quality Improvement Plan (WQIP), including recent water quality monitoring activities, Gore Creek reach characterization and assessment mapping, a summary of preliminary findings and observations from the work completed to date and an update on the status of work products and milestones. PRESENTER(S): Linn Brooks, Eagle River Water and Sanitation District ACTION REQUESTED OF COUNCIL: There is no action being requested at this time. BACKGROUND: Unknown impacts to Gore Creek in East Vail, indicated by lack of macro invertebrate diversity, have led Eagle County stakeholders in forming an Urban Runoff Group to develop a Water Quality Improvement Plan (WQIP). The Plan specifies development of a program based upon the analysis of data obtained from sampling sites coupled with data from landowners and property managers, primarily upstream and through the affected areas of East Vail sites. On March 15, 2011, the Town Council authorized $20,000 toward the cost of developing the WQIP. At the June 22, 2011 Planning and Environmental Commission hearing, the Urban Runoff Group gave this presentation to provide the Commission members insight into purpose, goals, and activities of the Water Quality Improvement Plan. ATTACHMENTS: Town Council Memorandum Gore Creek Water Quality Improvement Plan - Status Report 8/2/2011 MEMORANDUM To: Vail Town Council From: Community Development Department Date: October 19, 2010 Subject: A work session summarizing the Eagle River Watershed Council's grant funded activities including recent water quality monitoring updates, 1 -70 Vail Pass impacts and recommendations study, and inclusion in the revised 1996 Eagle River Watershed Plan / Gore Creek Subwatershed Section. Staff: Bill Carlson, Environmental Health Officer Presenter: Melissa Macdonald, ERWC Executive Director SUMMARY This memorandum is being provided to the Vail Town Council to provide a framework for a presentation by the Eagle River Watershed Council (ERWC) regarding Water Quality Grant Funds from the Town of Vail. The activities are funded by a $90,000 grant a year in advance to be utilized primarily for collaborative action monitoring, technical /engineering analysis, watershed health - based projects, public education and community involvement in the watershed. Significant degradation and impairments have occurred and continue to occur along urbanized areas of Gore Creek. Ascertaining the sources of pollution affecting water quality and biological conditions in specific sites will enable us to structure scientifically based mitigation projects. Sharing the costs of field and laboratory investigations with our partners (CDOT, USFS, ERWSD, UERWA, USGS, Homestake Partners, VR Mgmt., Eagle County, Town of Eagle, Town of Gypsum, Denver Water) leverages our funds and enhances our ability to identify causal factors affecting both water quality and biological conditions at degraded sites on Gore Creek. Information generated from such integrative studies is imperative to ensure a robust future for Gore Creek, home to Vail's gold medal fishery, the TEVA games, the Vail Golf Course, the Betty Ford Gardens and many residents and businesses. II. RECENT GORE CREEK WATER QUALITY STUDY SUMMARIES • 2010 Black Gore Creek TMDL Load Allocation & Sediment Budget • 2000 -2007 USGS macroinvertebrate based assessment • 2008/2009 Eagle River Water & Sanitation District nutrient and macroinvertebrate study • 2006 -2010 USFS macroinvertebrate monitoring results • 2010 CDOW fish sampling (gold medal stream classification) • 2010 Gore Creek flood damage assessment from the River Restoration.org report • 2011 update to the 1996 Eagle River Watershed Plan, Gore Creek watershed section III. RECOMMENDATIONS AND ACTIONS 1 8/2/2011 6 -1 -1 • Continue data collection and analyses efforts as needed to identify stressors within Gore Creek • Continue monitoring to track changes and evaluate the effectiveness of water quality improvement efforts • Work with other stakeholders to investigate control strategies and opportunities for reducing pollution input from point and nonpoint sources • Review Gore Creek and Black Gore Creek mitigation recommendations and prioritize efforts. • Develop project recommendations based on water quality assessments, biological studies and engineering reports. • Establish a robust, long -term water quality protection and education program, supported by the Town Council and community with adequate technical, educational and financial resources. • Continue supporting the county -wide monitoring partnership that has been developed by the Eagle River Watershed Council to track and understand water quality trends associated with storm and other water runoff and other diverse impacts to Gore Creek and the Eagle River. • Contribute to and consider adopting the revised 1996 Eagle River Watershed Plan (currently being developed by ERWC). 2 8/2/2011 6 -1 -2 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. IV LeonardR ice 8/2/2011 6 -2 -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) AP Leonard R k co L Ftleitdl #R:, i0t_ 8/2/2011 6 -2 -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 Le©nardRic: r Nc IPS iNf 8/2/2011 6 -2 -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 Or Leona rd IC rNi :INItks RV 8/2/2011 6 -2 -4 Q TOV WATER OUALTTY VAULT TRIBUTARY aRAW y CULVERT 011TEALL ri BRIDGE • EXISTING SAMPLING _ _ _ _ _ EXISTING CULVERTS/STCRM SEWER L00An0N ?A== I *4.00 144.2 1615+2 170•2 12.00 Dv 5 SYMBOL LEGEND PAR r CREEK 50010 > CR 04044 POTENT, 9441 OPP0RTUNUY • LARGE IMPERVIOUS AREAS ADJACENT TO RIPARIAN AREAS _ AeRIAI, 004150 or FLUNAL dWIFFR TOWN OF VAIL CANNED LAND — 1 9442 41+25 ■42.2 ■2+00 144+2 14«.2 IOB.u0 104+2 4222 152.00 ION ce 194000 140+00 32F00 '202.405 22402 22542 240.2 ria00 211420 2+4400 214400 314.2 220.2 202.00 22H2 TOV OWINEDLANDS STOFSST%FS n /FI 17PNFAIT IIFN$ITY RIPARIAN BUFFER CONDITIONS 01ORTT6 DTH N1R RIPARIAN BUFFER CONDITI CUMULATIVE STREAM HEALTH I66 HORIZONTAL SCALE: 1 VERTICAL SCALE: 1' =50' SLSOUTH L: — 6 -2 -7 IMPERVIOUS AREAS/LAWNS IS 44 011 TO DE FIELD VERIFIED CREE0 W1O IN 0 BE FIELD VERo5IEO is FII f. I2 0 0E 11610 VLRIO _4.305 RIG CREEK 510 TOY OWNED LANG NOT CURRENTLY 0651GNA1E0 OPEN SPACE IMPERNOUS AREAS, NUTRIENT LOADING FROM SEWAGE TREATMENT PLANT v w Z 0 0 8 6 < GRE 0101 0/2/2011 GORE CREEK WATER QUALITY IMPROVEMENT PLAN AND PROFILE EAST VAIL TO RED SANDSTONE BOPP TOV OPEN SPACE IMPERMOUS AREAS SHEE O TOY WASER WK,OY wuDI O 'MUMMY VRN NFION ✓ CII.S4RT MEWL n MODE . L ASING SwF,. Wow. SYMBOL LEGEND SEY,h L cOLIERIS /E10XN 30.00 232.00 23.41 23E.00 13.00 2.0•00 RIRFNRreS RFVFlFWFFIT MINED' RIPARIAN BUR CONDITIONS (NORTH 1. taPANN BUFFER WIDTH 1N11RTHI WARM BUFFER CONDITIONS ISartH) CNNa.&ATIVE STREAM HEALTHINOE% POTENTIAL SNP cEWE note • Tiro ro m ANIAnlaE. TO. OF VAL OWED LAND INEERING INC TOWN OF VAIL T¢' < OMEN • ONT/, SCALE 1+1ar VERTICAL SCALE: 1 8/2/2011 6 -2 -8 • 265■0 NeLN saW F.,o n m s. LO swea s..Co 262.® N..m 218.91 TOV OPEN EPACE DRAFT 8 6 — bNYRVxNS AREAS Y ' U O WJb D iI a N - — .__ EX — — TOV OPEN SPACE CREEx wow :1177'.: "iY 1. b...116 GORE CREEK WATER QUALITY IMPROVEMENT PLAN AND PROFILE EAST VAIL TO RED SANDSTONE STA 230+00 TO STA 298 +00 SHEET 2 £M SYMBOL LEGEND O TDV MARK QUALM' VAULT POTENTIAL IMP OPPORTUNITY • TRIBUTARY 1lRLDM ADJACENT TO WARM IREAS • LVLVERT DMTPALL AERIAL WENT cf ELVA. AWH£R 1 , DRME I I TOW OF VAR DINED LANE • WAKING _ _ _ . 4 4100 NLYERTS/+YgM WARM BUFFER COMMONS RJORTNI X0211 FwmTxrNORT>iT RIPARIAN SUFFER COICI110NS (SOUTH) @ °M 9S FAII*FRV/IRTNl CIRRWNI1VE 9TI HEWN INDEX HER® TOWN OF VAIL ,.—=."—.--, CRRA M0111 < DIEM 1107H MbRYYOMnL BOALM: 1 " VERTGS.. SCALE: 1 ^GIL0P 8/2/2011 6 -2 -9 1 CREEK *10TH MTh DRAFT > CECI wOIR < CREEK x10111 rxE GORE CREEK WATER QUALITY IMPROVEMENT PLAN AND PROFILE EAST VAIL TO RED SANDSTONE STA 298±00 TO STA 364 +00 SHEET 3 70 • n • CULVERT OUTFALI SYMBOLI-EGBN= TOP RATER Cu AL P VAULT R6RDIMY ufL00 0 LARGE 1 R AC[NT WP A AMANAREAS PLUVI AOURER WORE I TOWN OF VI. OWNED LANE LDOMING S00 LNG - - _ ERSTING OILVE LA RTS/STOR — ._ ._.amr_.:.v+— SEVER _.. _0,0t_ —PPEO- 7.413 2®.00 976.63 672.63 67 «63 51..63 S01410 09•00 ■.63 ITV MAIM 0Nr RTRFRREWR DEVELOPMENT DENSITY RIPARIAN BUFFER CONDITIONS (NORTH( RIPARIAN RI IFFFR PAM NORM] 11.1 RIPARIAN DUFFFRPRITH MUNI OPPULAINE MEAN HEALTH MU POTENTIAL OPP OPPORTUNITY ENGINEERING INC. TOW OF YAIL f E .Rrvn A,w.s.. mO Ar *-0731iLZONTAL SCALE: VNL cots ECORSE GOLF COURSE FERRUSERS, NERERO0ES l 55511000 , OEWUURAM.1. SOU. FRONIAOE ROAD it 1 -70 8/2/2011 6 -2 -10 < CREEK ..OM as.OIR a DRAFT J,SRA .0 —5.503_ 0100 - -.. u9 - — ...ua _.._. 263.00 285.00 vo.0o 3 .w 3..00 5e.w arw r.w .a x00 40..63 0.00 .00600 ..0.ae 4vw0 « «m 41.00 416.00 .20400 00.63 5..63 45.00 •00.63 «0.00 000E OOm# 50l1TU7RS, 450ffi OES • P0011OOE1 EON YAt CCU COURSE < CRUX 00410 DEEM GORE CREEK WATER QUALITY IMPROVEMENT PLAN AND PROFILE EAST VAIL TO RED SANDSTONE STA 364 +00 TO STA 430 +00 MM. COLE CO SHEET 4 SYMBOL LEGEND 0 TOY WATER QUALTY MKT MOUTNN NR1ON • Ma. & D. AREAS AD4ACENT 1D MPARIAN AREAS NLVEWT DOttALL AEI.. BMW OF Vir sLUNAL ROOTER A I l ORMCE N lOMw OF VAIL OMB LAND A MST. SNPIIWC £NOSTNC COLVERIS/STOM LOC.. SEINER VAIL mF GORSE TOY DYAIFR I tom RPARIAN BUFFER CONDITIONS NORTH) RIP UFFER NOT H lNORTHI CUM .TIME STREAM — c.BA — — — RIPARIAN BUFFER CONDITIONS 15011111 EAL ENGIUE TOWN OF VAIL POIENAL MP CPPORMATY DE NAIROS RANDY OPEN IiPACE EATS ENE .,..ss..,.,A.n.,.. 8/2/2011 6 -2 -11 FICELIEONTAL ALE t 50' VERTICAL RC UM ". 0- m •BBNOUS AREAS/LAMS <OVFEII MDM DRAFT FLO — .la.m .a.m TRAM .1....0.0 .x.ao REEL REM ««® REM «e.w .n.00 ONTO .L..m uL.m AvLwR .La.m MIRE .eA.m .s.m REM ROLM .rA.w n «m ,,..® REM LENTO RAW . «.m .w.00 MLLE awaw NATSOS RANDS TVE SPACE LOW 1-70/ROADS GORE CREEK WATER QUALITY IMPROVEMENT PLAN AND PROFILE EAST VAIL TO RED SANDSTONE STA 430 +00 TO STA 494+00 LOA WILE] IRE NAT$OS F EAST NATIVE VECE CREEK WD SHEET 5 CI TOP RATER WAL11Y yEALT O TRIBUTARY RSLOW • LARGE TP A P.IRIAN Mos AMERT WEALS - — - O MAMA Mum 11 ®RIO¢ I T TOM OK PALL ONNCO LAINC r LOMA ERSTVM - - E1 W N aSTING LPERTS/STgA s.ca ON NA SYMBOL LEGEND — RAISES RANCH OPEN SPACE EAST us. TO/ROAOS POTCNO. NN.P PPPORTIMIT IYPERN(V AREAS LA s < BA ENG TOWN Of va' ii' w„..=. ...",.....�., max TN HORIZONTAL vERiICAL scu K 160' 41•0410 411.41 504•100 5.40 SOL0041 706140 WHO fl.00 514410 44.000 MR< TOY OPEN W SPA .1 A /2/2011 6 -2 -12 I.�...5?R_. _ aaEa 10%) OWNED LANDS rwtorr IIFILWiT RIPNIUN W IFFFN MOTH NON MNM &IFFFR CXINOTIONS MOUTH) RIPARIAN BOFFFHWIOTHISNANI - CUMULATIVE STREAM HEALTH INDEX DRAFT LABIA c CREEK BOB 0. 5944(03 .440 55,0440 50.172 542444 4714-00 .400 LYNN MONO 742400 04.00 040.0 444497 004.00 NOHN .40.1 N LIVE KOETANON (OPEN SPACE) O CREEK WON SBA I w R O o =n ff 0 3 = 0 O 1 1.M MIR C.EK LAMS < ESSEN MTN 59.110 555.10 < CREEK NIP GORE CREEK WATER QUALITY IMPROVEMENT PLAN AND PROFILE EAST VAIL TO RED SANDSTONE STA 4944-00 TO STA 558 +00 SHEET 6 70V MATER MAUR VAULT * POTENTI 01,011,1411T ABBUTMY ARROW W W 0 ON S AREAS AGOCRIT AREAS CLLKAT OUIPALL RUNAL AOUFER BRVDM TOW OF VAX_ OY.:EO LAAO EXISTING SSW 0u RA' 4FAT5/STO I.OLA. SAMPLING IS .7, 1 SYMBOL LEG — I•- TOV OWNED LINOS *WI MTV PFNRRV R4PARIAN BUFFER CONDITIONS (NCRTHI ° RIPARIAN BUFFFRWInTH MORT 1 RIPARIAN BUFFER CONDITIONS (SOUTH) RIPAALW BUFFFR WIURI1S0UTI11 CUMULATIVE STREW HEALTH INDEX ENGINEERING TOWN OF VAIL uv... —. _ — Emaaltnea Ps.,.,Ao.,.,.. 8/2/2011 6 -2 -13 VERTICAL SCALE. = msa' > � IllIn 0 < LARK MIN 1.e1s _APB — wo.po 5611.60 510,4 S34.00 58114136 Y. 00 570.0 522.02 77,c73 57144,11 5/71,10 > DEEP 1110TH DRAFT 0 PG 011 P > CAECA VA. MV — YPERNU1s AREAS/LAMAS PIM <Mx EIOM ILIC10( Min 5 m 0 CREE% Mtn UM a II E �.0 194 0PM SPACE GORE CREEK WATER QUALITY IMPROVEMENT PLAN AND PROFILE EAST VAIL TO RED SANDSTONE STA 558 +00 TO STA 618 +00 SHEET 7 ENGINEEttNC. TOWN OF PAIL Niro D Bee 8/2/2011 6 -2 -14 DRAFT I_r0 LPN EECBLENT > CRIER RNTH ^ 1OV WATER CURLS MILT !l TRIBUTARY ITRL W • CULVERT WTFAEt n BRIDLE • EXISTING EXCELLENT SYMBOL LEGEND ISORLZONTAL SGALE: T +a0O' VERTICAL SCALE, POTENITAL OW OPPORTUNITY • LARQ MPERVIOUS AREAS M JAOENT TO RWARAN AREAS AERIAL EATFNT OF FLUBS ROTIFER TORN OF VAIL Drano LAND EASING cuLT.FATSVSTCRW SEWER TOV OWNED LANDS STRESSORS f F cT lEE r TIF tlVITY RIPANAN NIFFFft EAINDITKVIS LNflR11u FOPARININFFFRMTH NORTH) p1PACWW SURER OCNDIRONS ISOUTHI LUFARI N.PoIFPFRWIDTH fa01IT11 WL1ATNF anirdn NFY TN R&iFX GORE CREEK WATER QUALITY IMPROVEMENT PLAN AND PROFILE EAST VAIL TO RED SANDSTONE STA 618 +00 TO STA 646 +00 SHEET 8 TOW& OF . 1� �l VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 2, 2011 ITEM /TOPIC: Information Update and Attachments: 1) Vail Economic Indicator Grid Winter 10/11; 2) May Same Store Sales Report; 3) Vail Valley Athlete Commission Summer 2011 funding report; and 4) June Sales Tax Report. ATTACHMENTS: Economic Indicator Grid Winter 10 -11 May Same Store Sales Report Vail Valley Athlete Commission Funding 2011 June 2011 Sales Tax 8/2/2011 Igir TR TOWN OF VAIL o:E,=rn Town of Vail Economic Indicators Summary: July 2011 Update (Based on data as of April 30, 2011) INTRODUCTION: This introduces a summary report of Vail Economic Indicators based on April 30, 2011 data and updated once winter (November — April) data became available (July 2011). This summary is intended to provide an overview of recent economic activity and to serve as a benchmark from which future economic activity can be displayed and compared. These seasonal reports began in early 2009 when relevant data was gathered from various secondary sources for the date range of November 2004 through April 2009 and is now updated seasonally. The data is depicted by general category (Tourism, Real Estate, Town Revenue, Business Growth and Macroeconomics) and seasonally (Winter: November — April, Summer: May — October). It is presented in a chart format with this brief summary as a part of the Town of Vail 2011 Economic Development Strategic Plan and is limited in scope and accuracy by the availability of data from secondary sources, thought to be accurate but not independently verified and is best used as a general overview as a result. OVERVIEW: This narrative overview is supported by a more granular chart (attached). Most statistical comparisons are based on year- over -year comparisons as of April 30, 2011, vs. April 30, 2010, and reflect a winter seasonal view (November — April) unless otherwise indicated: 1. Tourism Indicators have become more stable over the past two years and continued to show signs of improvement during the 2010/2011 season. While the growth of the overall economy has been inconsistent, overall vacation travel has increased, as did that of Vail with a slight increase in occupancy ( +0.8 %) but a larger increase in the average daily rate ( +4.4 %) resulting in increased revenue per available room ( +5.2 %). (Note: These year over year comparisons are based on data from properties that were open this season and last season, where a year over year comparison is available. New properties that opened for business during the 2010/2011 season were omitted). When compared to other U.S. western mountain resorts, based on overall MTRiP industry data, Vail underperformed in the year over year change in occupancy ( +5.7 %) but outperformed them in rate ( +1.5 %) resulting a year over year percentage change in revenue per available room of 7.3 %. Traffic through the Tunnel declined for the second year in a row (- 2.7 %), possibly due to the increase in gas prices from the winter of 2008/2009 ( +9.5 %) and the winter of 2009/2010 ( +70.5 %). The amount of vehicles in to the Vail parking structures increased slightly ( +2.3 %) but the number of cars on the Frontage Road decreased dramatically (- 78.5 %) as did the number of days the parking structures were full (- 76.7 %), which may indicate that the new alternative parking options may be keeping cars off the Frontage Roads while adversely affecting parking revenues or perhaps this could be showing a shift of skier mix to more destination business. Additionally, skier visits increased an impressive 9.4% outpacing the industry and most other competitive destinations. However the combination of these various metrics is not consistent and conclusive as a result. An array of special events took place during the winter months. Total attendance /participation increased ( +34.9 %) at all events (except Taste of Vail) driven in large part by the expansion of Spring Back to Vail which was two weekends instead of one. 2. Real Estate Indicators show growth in all areas including increases in both in the number of transactions ( +13.2 %) and gross real estate sales ( +21.3 %) during the winter of 2010/2011 compared to the previous winter. Increases, but to a lesser degree, also took place in average sale price per transaction (+7.1%) and average price per square foot (+10.1%). The summer of 2010 saw dramatic increases over the previous summer, which were largely attributed to the completion of the last of many major real estate developments (Solaris Residences, Ritz Carlton Residences, Landmark and Lion Square Lodge North). While sales of these new units have continued through the winter months, dramatic surges in real estate sales due to new construction are not apparent during the winter of 2010/2011. Continued sales of some of these newly constructed units may positively affect Vail real estate statistics in future seasons since many new units are still sitting on the market, but is expected to dramatically decrease over time as little new construction is in the pipeline. 3. Town Revenue Metrics include: sales tax, construction use tax, property tax and real estate transfer tax revenues along with general fund balance as an indicator of the Town's level of reserves. a. Sales tax is segmented by business type (retail, lodging and food /beverage) and further broken down geographically by Vail neighborhoods. All segments combined showed a strong increase in overall winter sales tax revenue ( +13.0 %) following the previous winter season's sales tax revenue, which had increased slightly ( +1.2 %) after the economic downturn in the 2008/2009 season. Specifically lodging ( +13.8 %) and food and beverage ( +15.2 %) sales tax collections saw a slightly higher,year over year increase than retail ( +10.4 %). When segmented by neighborhood Ahlhge saw the largest increases overall ( +18.2 %) 7 - 1 - 1 Attachment: Vail Economic Indicators Table TR iP TO WN OF VA I L .01.1 NPA10 0 CSPC0 C11 compared to Lionshead ( +10.2 %) and Cascade /Sandstone /East & West Vail ( +4.2 %). It should be noted that some increase of sales tax collections in Vail Village can be attributed to new lodging properties, restaurants and retail outlets that opened, specifically Solaris and the Four Seasons at Vail. A study conducted by MTRiP shows that the average of comparable ski towns was also up season - over - season in both taxable sales ( +5.7 %) and in taxable lodging sales ( +8.8 %) but to a lesser degree. After dramatic decreases in the 2008/2009 season and slight increases in the 2009/2010 combined with this season's upturns, 2010/2011 sales tax collects are within 2% off the prerecession season of 2007/2008. b. Other Tax Collections by the Town of Vail include construction use tax, property tax and real estate transfer tax and are reported on an annual basis instead of seasonally. While they don't correlate with time frame of the above mentioned indicators, new construction use tax showed consistent growth since its implementation in 2008 largely due to major reconstruction in 2009 and 2010. Also due to major new developments, real estate transfer tax collections increased in 2010 and show inconsistent peaks and valleys due to the completion of these new properties. Property tax has also been impacted largely by new construction as well as the reassessment of property values and shows significant growth over the past several years resulting in a 45% year over year increase on 2008, a 6% increase in 2009 and an 11% increase in 2010. In total, the combined revenues from these tax sources have remained more consistent and stable than would be expected during these recent years of economic volatility. c. Town Reserves have remained stable over these past several years, having actually grown since the start of the recession in 2008 and believed to be somewhat unique among municipalities in this down economy. 4. BUSINESS GROWTH is based on broader county and national indicators, many of which are tracked on an annual basis, lag significantly and have just been updated for the 2010 calendar year. While not as current and telling of the current market conditions, the Business Growth indicators show a depressed economy and point to a stuttering rebound. Despite a dour economy, the ski industry fared well, posting record snowfalls and 60.1 million skier visits, the second best on record. Vail Mountain received more snow than any other year in its 49 year history (524 inches), which was accompanied by an impressive 9.4% increase in skier visits from last season to 1,750,000 visits. The Same Store Sales Report is generated to compare year over year sales tax collections among established businesses in the various business segments and neighborhoods and does not take in to account newly open /constructed lodging properties, retail shops or restaurants. According to this report, sales tax collections at long time established businesses increased ( +8.6 %) over last season showing that sales tax collections were strong regardless of new these businesses opening. 5. MACROECONOMICS: Now in the third year of the "great recession ", the overall economy continues to stutter and the long anticipated recovery is not apparent to most consumers who continue to be concerned about jobs, housing, world affairs, national debt and indecisive political leadership. The Consumer Confidence Index (CC!) has proven to be an important indicator of subsequent discretionary spending, like vacation travel, and has historically hovered around its benchmark of 100 until mid -2008 where it dropped to the 30's, has now rebounded slightly to the mid 50's. It's still significantly below the 90 mark, which indicates a vibrant economic threshold. While the CCI is a good measure of consumer spending, we look to the financial markets to assess a broader business outlook and see relative stability, and when combined with solid growth in the US Index of Key Economic Indicators, a longer term positive outlook for a rebounding economy. On a cautionary note, an increasing number of more conservative market watchers point to staggering worldwide debt, ongoing unemployment and an anemic housing market as cause for ongoing caution. The recovery, such as it is certainly fragile and has yet to spark any significant change in demand for tourism or real estate, the two pillars upon which mountain resort economies are founded. This foundational data set and summary will be further updated and expanded upon seasonally, taking its place among the tools available to the Town, its various committees and the public it serves. Ralf Garrison Director and Senior Analyst Mountain Travel Research Program 8/2/2011 7 - 1 - 2 Attachment: Vail Economic Indicators Table Vail Economic Indicators: Tourism (2004 -2011) Indicator Source Focus Study Report Date ('04 -'05) Data ('04 -'OS) Report Date ('05 '0 6) Data ('05-'06) Report Date ('06- '07) Data ('06 -'07) Report Date ('07- ' 08) Data C07-'08) Report Date ('08- '09) Data C08-'09) Report Date ('09- '10) Data ('09 -'10) Report Date ('10- '11) Data ('10 -'11) Lodging Report: Occupancy MTRiP: Booking patterns at 18 Vail lodging properties Average number of rooms occupied (2247 out of 3598) Winter (November 'N - April 'N) N / A Winter (November '05- April' 06) 59.6^/0 Winter (November '06- April 'N) 60.3% Winter (November '07 Apnl'08) 58'6^/0 Winter (November '08- Apnl'09) 52.10/o Winter (November '09- April '10) 54.70/0 Winter (November '10- April '11) 55.1 ° /o Summer (May'05 - October '05) 39.1% Summer (May '06 - October' 06) 38.4% Summer (May '07 - October '07) 39.4 Summer (May '08 - October '08) 38.0 Summer (May '09 - October '09) 33.5 Summer (May '10 - October '10) 36.1 Summer (May '11 - October '11) Not Available Lodging Report: Average Nightly Room Rates MTRiP: Booking patterns at 18 Vail lodging properties Average nightly room rates Winter (November 'N - April '05) N/A Winter (November '05 - April '06) $363 Winter (November '06 - April '07) $376 Winter (November '07 - Apnl'08) $407 Winter (November '08 - Apnl'09) $384 Winter (November '09 - Apnl'10) $353 Winter (November '10 - April '11) $369 Summer (May 'N - October '05) $142 Summer (May '06 - October '06) $158 Summer (May '07 - October '07) $155 Summer (May 'N - October '08) $155 Summer (May 'N - October '09) $146 Summer (May '10 - October '10) $153 Summer (May '11- October '11) Not Available Community Center Attendance Vail Recreation District Number of visitors to the Dobson Ice Arena Winter (November' 04- April 'N) Not available Winter (November ' 05- April '06) Not available Winter (November ' 06- April '07) Not available Annual (January D8 December 'N) 80,000 (estimate) Annual (January ' 09 December 'N) 80,000 (estimate) Annual (January ' 10 December '10) 80,000 (estimate) Annual (January ' 10 December '10) 80,000 (estimate) Summer (May 'N - October 'N) Not available Summer (May '06 - October '06) Not available Summer (May '07 - October '07) Not available Vail Recreation District Visitors to the Vail Golf Course Summer (May 'N - October 'N) 23,000 Summer (May '06 - October '06) 22,300 Summer (May '07 - October '07) 24,600 Summer (May 'N - October '08) 24,993 Summer (May 'N - October '09) 23,414 Summer (May '10 - October '10) 23,332 Summer (May '11- October '11) Not Available Parking Counts TOV Transportation Number of vehicles in Vail Village Parking Stmcture Winter (November 'N - April 'N) 332,424 Winter (November '05- April' 06) 325,972 Winter (November '06- April '07) 342,417 Winter (November '07- Apnl'08) 350,896 Winter (November '08- Apnl'09) 288,307 Winter (November '09- Apnl'10) 324,979 Winter (November '10- April '11) 343,896 Summer (May 'N - October '05) Not available Summer (May '06 - October '06) Not available Summer (May '07 - October '07) Not available Summer (May 'N - October '08) Not available Summer (May 'N - October '09) 297,349 Summer (May '10 - October '10) 312,603 Summer (May '11- October '11) Not Available TOV Transportation Number of vehicles in Lionshead Parking Stmcture Winter (November 'N - April 'N) 181,275 Winter (November '05- April' 06) 176,716 Winter (November '06- April '07) 174,085 Winter (November '07- April '08) 184,505 Winter (November '08- April '09) 182,028 Winter (November '09- April '10) 187,045 Winter (November '10- April '11) 179,971 Summer (May 'N - October 'N) Not available Summer (May '06 - October '06) Not available Summer (May '07 - October '07) Not available Summer (May 'N - October 'N) Not available Summer (May 'N - October '09) 218,482 Summer (May '10- October '10) 221,233* (VVMC parking Lot closed) Summer (May '11- October '11) Not Available TOV Transportation Number of vehicles on frontage roads Winter (November 'N - April '05) 4,712 Winter (November '05 - April '06) 9,406 Winter (November '06 - April '07) N/A Winter (November '07 - April 'O8) 5,947 Winter (November '08 - April '09) 7,836 Winter (November '09 - April '10) 7,795 Winter (November '10 - April '11) 1,675 Summer (May '05 - October '05) JULY 4TH Summer (May '06 - October '06) JULY 4TH Summer (May '07- October '07) JULY 4TH Summer (May '08 - October '08) JULY 4TH Summer (May '09- October '09) JULY 4TH Summer (May '10 - October '10) 4,853 Summer (May '11- October'll) Not Available TOV Transportation Number of days Parking structures full Winter (November 'N - April 'N) 43/W 13 /LH Winter (November ' 05- April '06) 45 /W 27 /LH Winter (November ' 06- April '07) 66/W 31 /LH Winter (November ' 07- Apnl'08) 58 /W 25 /LH Winter (November ' 08- Apnl'09) 50 /W 25 /LH Winter (November ' 09- Apnl'10) 40 /W 20 /LH Winter (November '1 0- April '11) 711A/ 7 /LH Summer (May 'N - October '05) JULY 4TH Summer (May '06 - October '06) JULY 4TH Summer (May '07 - October '07) JULY 4TH Summer (May 'N - October '08) JULY 4TH Summer (May 'N - October '09) JULY 4TH Summer (May '10 - October '10) 21 /W 14 /L11 Summer (May '11- October '11) Not Available Airport Statistics DIA Number of people into Denver International Airport Winter (November 'N - April 'N) 9,007,732 Winter (November ' 05- April' 06) 10,894,042 Winter (November ' 06- April '07) 11,359,350 Winter (November '07 April 'N) 12,005,377 Winter (November ' 08- April 'N) 11,612,990 Winter (November ' 09- April '10) 11,848,627 Winter (November '1 0- April '11) Not Available Summer (May 'N - October 'N) 11,561,666 Summer (May '06 - October '06) 12,639,845 Summer (May '07 - October '07) 13,237,818 Summer (May 'N - October 'N) 13,600,079 Summer (May 'N - October '09) 13,517,792 Summer (May '10 - October '10) 13,974,281 Summer (May '11- October '11) Not Available Eagle County Airport Number of people into Eagle County Airport Winter (November 'N - April 'O5) 175,641 Winter (November 'O5 -April '06) 180,086 Winter (November '06 -April '07) 179,620 Winter (November '07- April 'N) 181,602 Winter (November ' 08- April 'N) 173,333 Winter (November '09- April '10) 166,409 Winter (November '1 0- April '11) 161,847 Summer (May 'N - October '05) 39,779 Summer (May '06 - October '06) 37,750 Summer (May '07 - October '07) 48,043 Summer (May 'N - October '08) 37,300 Summer (May '09- October '09) 8,434 (airport was closed May - Aug.) Summer (May '10 - October '10) 37,760 Summer (May '11- October '11) Not Available Vail Information Center Visits Communication Department Number of visits to the Vail Village Information Center Winter (November 'N - April 'N) Not available Winter (November '05- April '06) Not available Winter (November '06- April '07) 20,004 Winter (November '07- April 'O8) 18,051 Winter (November '08- April 'N) 20,949 Winter (November '09- April '10) 17,483 Winter (November '10- April '11) 16,323 Summer (May 'N - October '05) Not available Summer (May '06 - October '06) 25,032 Summer (May '07 - October '07) 22,658 Summer (May 'N - October '08) 26,098 Summer (May 'N - October '09) 24,774 Summer (May '10 - October '10) 24,168 Summer (May '11- October '11) Not Available Communication Department Number of visits to the Lionshead Information Center Winter (November 'N - April 'N) Not available Winter (November '05- April '06) Not available Winter (November '06- April '07) 14,319 Winter (November '07- April '08) 12,575 Winter (November '08- April 'N) 11,576 Winter (November '09- April '10) 10,616 Winter (November '10- April '11) 6,972 Summer (May 'N - October '05) Not available Summer (May '06 - October '06) 31,103 Summer (May '07 - October '07) 25,340 Summer (May 'N - October '08) 19,319 Summer (May 'N - October '09) 18,000 Summer (May '10 - October '10) 17,237 Summer (May '11- October '11) Not Available Data provided was collected by the Town of Vail and MTRiP in Jan. 2009 and updated in July 2011 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Vail Economic Indicators: Tourism 8/2/2011 7 -1 -3 Page 1 of 6 Last Modified: 7/21/2011 Holiday Timing Calendar Easter: Date Sunday March 27, 2005 Sunday April 16, 2006 Sunday April 8, 2007 Sunday March 23, 2008 Sunday April 12, 2009 Sunday April 4, 2010 Sunday April 24, 2011 4th of July: Day of the week July 4, 2005 Monday July 4, 2006 Tuesday July 4, 2007 Wednesday July 4, 2008 Friday July 4, 2009 Saturday July 4, 2010 Sunday July 4, 2011 Monday Christmas: Day of the week December 25, 2005 S December 25, 2006 Monday December 25, 2006 Tuesday December 25, 2007 Wednesday December 25, 2008 Thursday December 25, 2009 Friday December 25, 2010 Saturday Tunnel Traffic CDOT Number of vehicles thru the Eisenhower Tunnel/Vail Pass Winter (November '04- April '05) 3,611,648 Winter (November ' 05 - April '06) 5,406,952 Winter (November ' 06 - April '07) 5,694,884 Winter (November ' 07 - April '08) 5,709,007 Winter (November '08 - April '09) 5,730,889 Winter (November '09 - April '10) 5,690,262 Winter (November ' 10 - April '11) 5,236,367 Summer (May 'N - October 'N) 5,488,399 Summer (May '06 - October '06) 5,585,158 Summer (May '07 - October 'N) 6,074,027 Summer (May 'N - October 'N) 5,821,092 Summer (May 'N - October '09) 6,043,720 Summer (May '10 - October '10) 5,833,139 Summer (May '11- October '11) Not Available Data provided was collected by the Town of Vail and MTRiP in Jan. 2009 and updated in July 2011 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Vail Economic Indicators: Tourism (2004 -2011) Indicator Source Focus Study Report Date ('04 -'05) Data ('04 -'05) Report Date ('05. '06) Data ('05 -'06) Report Date ('06- '07) Data ('06 -'07) Report Date ('07- '08) Data C07-'08) Report Date ('08- '09) Data C08-'09) Report Date ('09- '10) Data ('09 -'10) Report Date ('10- '11) Data ('10 -'11) Internet (Web) Usage Vail Resorts Number of visits to www.vail.com (Vail Resorts website) Winter (November 'N - April '05) Summer (May 'N - October 'N) Not available Not available Winter (November '05 - April '06) Summer (May '06 - October '06) Not available 552,535 Winter (November '06 - April '07) Summer (May '07 - October 2,067,450 537,698 Winter (November '07 - April 'N) Summer (May '08 - October'08) 2,530,037 665,305 Winter (November '08 - April 'N) Summer (May '09 - October'09) 2,091,647 535,765 Winter (November '09- April '10 Summer (May '10 - October'10) 2,559,657 810,060 Winter (November '10 - April '11) Summer (May '11 - October '11) 2,528,126 Not Available Fuel Prices Energy Information Administration Average price of gasoline per gallon (USD) in Colorado ave of weekly averages Winter (November '04 - April '05) Summer (May 'N - October '05) $1.94 $2.44 Winter (November '05 - April '06) Summer (May '06 - October '06) $2.33 $2.77 Winter (November '06 - April '07) Summer (May '07 - October $2.33 $3.00 Winter (November '07 - April 'N) Summer (May '08 - October'08) $3.03 $3.69 Winter (November '08 - April 'N) Summer (May '09 - October '09) $1.83 $2.44 Winter (November '09- April '10 Summer (May '10 - October '10) $2.85 $2.76 Winter (November '10 - April '11) Summer (May '11 - October '11) $3.12 Not Available Event Attendance Highline Sports & Entertainment Vail Valley Foundation Ski and Snowboard Club Vail Vail Film Institute Taste of Vail Highline Sports & Entertainment Vail Vally Foundation King of the Mountain Vail Chamber and Business Vail Valley Foundation Meadow Drive Partnership Vail Chamber and Business Colorado Lacrosse Promotions Eagle Valley Events Camivail The Session Junior Olympics: 7 days /1st Week in March each year Vail Film Festival Taste of Vail Spring Back to Vail Teva Mountain Games King of the Mountain Volleyball South of the Border Fiesta Hot Summer Nights Vail Farmers' Market BBQ Bonanza Vail Lacrosse Shootout America Days February 5 -8, 2005 (Untraditional Mktg) January 13- 16,2005 2005 March 31- April 3, 2005 April 6 -9, 2005 April 4 -16, 2005 June 1 -5, 2005 June 17 -19, 2005 2005 7 Tuesdays, June 14- July 26, 2005 June 19- September (14 Markets) 2005 June 25- July 4, 2005 Monday, July 4, 2005 3,500 10,000 160 Athletes, w /parents + coaches 256 total 10,000 Not available 50,000 12,000 (snow!) 516 participants + 2.5 estimated entourage per player Not implemented 26,400 75,000 Not implemented 92 teams 18,330 total 25,000 February 26 -28, 2006 January 12 -15, 2006 2006: Vail + BC March 30- April 2, 2006 April 5 -8, 2006 April 3 -16, 2006 May 31- June 4, 2006 June 16 -18, 2006 2006 10 Tuesdays: June 13- August 29 June 18- September 17, 2006 (14 Markets) 2006 June 24- July 4, 2006 Tuesday, July 4, 2006 VRI produced the event- no /Ps available 14,750 165 Athletes w /parents + coaches 265 total 12,000 4,000 24,000 28,000 560 participants + 2.5 estimated entourage per player Not implemented 33,063 100,000 Not implemented 102 teams 16,000 total 30,000 February 18 -20, 2007 (VVTCB) January 11 -14, 2007 2007 March 29- April 1, 2007 April 11 -14, 2007 April 2 -15, 2007 May 30- June 3, 2007 June 15 -17, 2007 2007 9 Tuesdays: June 19- August 21, 2007 June 16- September 23, 2007 (14 Markets) June 23, 2007 (1st year) June 27- July 4„ 2007 Wednesday, July 4, 2007 7,000 15,000 Event was held in Aspen 14,000 7,000 26,000 30,000 622 participants + 2.5 estimated entourage per player Not implemented 32,625 120,000 1,250 100 teams 17,116 total 35,000 February 3 -5, 2008 (Highline Sports) February 7 -10, 2008 2008 April 3 -6, 2008 March 29- April 1, 2008 April 7 -13, 2008 June 4 -8, 2008 June 13- 15,2008 2008 9 Tuesdays: June 16 August 19, 2008 June 22- September 21, 2008 (14 Markets) June 21, 2008 June 28- July 6, 2008 Friday, July 4, 2008 10,000 17,000 175 Athletes w /parents + coaches 280 total 12,500 7,000 30,000 35,000 650 participants + 2.5 estimated entourage per player Not implemented 28,668 130,000 3,500 104 teams 18,819 total 35,000 Feb 22 -24, 27, 2009 Event did not occur March 5 - 11, 2009 April 2 -5, 2009 April 1 - 4, 2009 April 13 -19, 2009 June 4 -7, 2009 June 19- 21,.2009 June 20, 2009 9 Tuesday: June 16 - Auq 18 June 21 - Sept 20, 2009 (14 markets) June 27, 2009 June 26 - July 5, 2009 Saturday, July 4, 2009 15,000 Event did not occur 160 athletes 12,000 6,000 30,000+ 40,000 -WF is now promoter 764 participants +2.5 entourage per player 1,000 36,629 140,000 4,200 95 Teams 16,000 total 40,000 Feb 14- 20, 2010 Event did not occur March 3 -11 April 1 -4, 2010 April 8 -10, 2010 April 12- 18, 2010 June 3 -6, 2010 June 18 -20, 2010 June 12, 2010 Tuesdays, Jun 15- Auq 24 June 20- Sep 19, 2010 June 26, 2010 June 26- Jul 4, 2010 Sunday, July 4, 2010 20,000 Event did not occur 170 14,000 6,600 40,000 35,037 828 participants 2,500 31,865 140,000 5,800 103 Teams 17,500 total 35,500 Mar 6 -11 Event did not occur Event did not occur Mar 31- Apr 3 April 7 Apr 16 -24 June 2 -5 June 17 -19 June 11 20,000 Event did not occur Event did not occur 14,000 5,000 70,000 (2 weekends) 39,000 984 participants 6,200 Vail Economic Indicators: Tourism 8 /2/2011 7 -1 -4 Page 2 of 6 Last Modified: 7/21/2011 Vail Economic Indicators: Tourism (2004 -2011) Indicator Source Focus Study Report Date ('04 -'05) Data ('04 -'OS) Report Date ('05 '0 6) Data ('OS -'06) Report Date ('06- '07) Data ('06 -'07) Report Date ('07- ' 08) Data C07-'08) Report Date ('08- '09) Data C08-'09) Report Date ('09- '10) Data ('09 -'10) Report Date ('10- '11) Data C 10-'11) Bravo! Bravo! (GRFA performances only) 18 performances: June 26- July 29, 2005 35,068 19 performances: June 28- July 28, 2006 36,727 19 performances: June 27- July 27, 2007 32,649 20 performances: June 25 - July 25, 2008 34,868 19 Performances (GRFA): July 1 - Aug 4, 2009 34,530 June 25- Aug 3 41,469 Vail Valley Foundation Vail International Dance Festival (GRFA performances only) 6 performances: July 30- August 7, 2005 9,550 7 performances: July30- August 13, 2006 11,654 8 performances: July 29- August 12, 2007 12 7 performances: July 27- August 9, 2008 11,698 8 Performances (GRFA): July 27 - Aug 10 17,500 July 26- Aug 10 20,609 Moon River Ranch Friday Afternoon Club 2005 Not implemented 2006 Not implemented 2007 Not implemented Summer 2008: (1st year: 5 Fridays) 2,500 July 3- Aug 14 (7 Fridays: Blue Creek Productions 3500 6 SATURDAYS July 10 -Aug 14, 2010 2975 Moon River Ranch Rocky Mountain Antique Festival 2005 Not implemented 2006 Not implemented 2007 Not implemented August 1 -3 2008: (1st year) 8,000 Aug 21 - 23, 2009 5000 July 16 -18, 2010 5000 Team Championships Intl Kick -It 3v3 Soccer August 5 -7, 2005 276 teams 6293 including spectators August 4 -6, 2006 351 teams 7371 including spectators August 3 -5, 2007 309 teams 6489 including spectators August 1 -3, 2008 300 teams 6300 including spectators July 31 - Aug 2, 2009 300 teams 8100 including spectators Jul 30- Aug 1, 2010 288 Teams Eagle Valley Events Vail Arts Festival August 19 -21, 2005: LH Mall 7,000 August 11 -13, 2006: E LH Circle 5 August 10 -12, 2007: E LH Circle 3 August 8 -10, 2008: E Lionshead Circle 3,000 June 26 - 28, 2009 9,000 June 25 -27, 2010 8,500 Vail Jazz Foundation Jazz © the Market 9 Sundays 2,700 9 Sundays 2,700 9 Sundays 2,700 9 Sundays 2 10 Sundays: June 28 Aug 30, 2009 2 9 Sundays, Jun 27- Aug 29 /no July 4 3,000 Vail Jazz Foundation Jazz © Vail Square 2005 Not implemented 2006 Not implemented 2007 Not implemented 1uy � J1 nuyub1. cO, 2008 (1st year: 5 3,000 5 Thursdays: Aug 6 - Sept 3, 2009 3 5 Thursdays, Aug 5- Sep 2 2,700 Vail Jazz Vail Jazz Party September 2 -5 2005 3 September 1 -4, 2006 3 August 31- September 3, 2007 3 August 29 1, 29-Sept 2008 3,500 Sept 3 - 7, 2009 4,000 Sep 2 -6, 2010 4,800 Vail Jazz Foundation Vail Jazz Festival: all events combined 2005 6,200 2006 6,200 2007 6,200 2008 9,200 Summer 2009 10,200 Summer 2010 10,500 Vail Valley Foundation Street Beat 2004 -05 (13 concerts) 31 2005 -06 (10 concerts) 28 2006 -07 (11 concerts) 26,500 2007 -08 (6 concerts) 22 2008 -09 (10 concerts) 25 2009 -2010 (9 concerts) 22,000 Highline Sports & Entertainment Gourmet on Gore September 3, 2005 . (1st year) 7,000 Did not occur in 2006 Not instituted September 1 -2 2007 12,500 August 29 -31, 2008 18,000 Sept 4 -6, 2009 20,000 Sept 3 -5, 2010 20,000- 30,000 Highline Sports & Entertainment Oktoberfest September 9 -11 & 16- 1 8, 2005 40 September 8 -10 & 15 -17, 2006 40 September 7 -9 © 14 -16, 2007 40 September 5 -7 & 12- 14, 2008 40,000 Sept 11 -13 & 18 -20, 2009 40,000+ Sept 10 -12 & 17 -19, 2010 40,000- 50,000 Lionshead Merchant's Association Colorado Grand September 12 -17, 2005 250 participants, 400 Concours spectators September 17 -21, 2006 250 participants, n o contours September 16 -20, 2007 250 participants, no c oncou rs September 15 -20, 2008 275 participants 1,250 Contours spectators Sept 17 -18, 2009 1,000 Sept 16 -17, 2010 225 Participants 1200 Spectators Vail Symposium Unlimited Adventure Speaker Series (6 each year) 2005 Not implemented 2006 725 2007 1,152 2008 858 2009 1,007 2010 777 Vail Symposium Art of the Book 2005 Not implemented 2006 Not implemented 2007 Not implemented October 20 & 27, 2008 (first year) 20 Summer 2009 Did not occur Summer 2010 Did not Occur Valley Vail Valle Soccer Club Vail Challenge Cup October 1 -2, 2005 2 la players P y 4,000 spectators October 7 -8, 2006 2 , 200 players 4,000 spectators October 6 -7, 2007 players 2 la P y 3,500 spectators October 4 -5, 2008 1 players 3,200 spectators Summer 2009 1 players 3,500 spectators Summer 2010 1980 players 3,500 -4000 spectators Ski and Snowboard Club Vail Ski Swap October. 28 -29, 2005 3,000 October 27,28 2006 3,000 October 26 -27 2007 3,500 November 7 -8, 2008 4,000 November 2009 1,700 November 2010 2,100 Highline Sports & Entertainment Snow Daze 2005 Not implemented December 4 -17 2006 (1st year) 15,000 December 3 -16 2007 20,000 December 8 -15 2008 17,500 December 2009 20,000 December 2010 N/A Data provided was collected by the Town of Vail and MTRiP in Jan. 2009 and updated in July 2011 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Vail Economic Indicators: Tourism 8/2/2011 7 -1 -5 Page 3 of 6 Last Modified: 7 /21/2011 Gross Sales Eagle County Assessor's Office Total Gross Sales Amount (USD) Winter (November' 04 - April '05) $229,451,000 Winter (November 05 - April '06) $203,275,300 Winter (November' 06 - April '07) $379,738,200 Winter (November' 07 - April .08) $399,730,500 Winter (November 08 - April . 09) $276,869,500 Winter (November' 09 - April . 10) $198,632,700 Winter (November . 10 - April '11) $ 240 , 955 , 900 Summer (May 05 - October 05) $443,098,800 Summer (May 06 - October 06) $301,961,100 Summer (May '07 - October '07) $216,569,400 Summer (May '08 - October '08) $373,809,300 Summer (May 09 - October 09) $127,963,800 Summer (May . 10 - October . 10) $411,770,600 Summer (May . 11- October '11) Not Available Winter (November' 09 - April 10) 121 Winter (November .10- April '11) 137 Summer (May 05 - October 05) 270 Summer (May 06 - October 06) 217 Summer (May '07 - October '07) 158 Summer (May '08 - October '08) 149 Summer (May 09 - October 09) 115 Summer (May . 10 - October , 10) 195 Summer (May . 11- October '11) Price Ratio Land Tile Guarantee Company Average ratio of list price to sale price Winter (November' 04 - April '05) 97.50^^/e Winter (November 05 - April '06) 94.901 Winter (November' 06 - April '07) 953010e Winter (November' 07 - April '08) 96.000/e Winter (November 08 - April '09) 91.8396 Winter (November' 09 - April .10) 85.44 0/e Winter (November .10- April '11) 87.50 0/e Summer (May 05 - October 05) 95 Summer (May 06 - October 06) 94'500/e Summer (May '07 - October '07) 94.4°°k Summer (May '08 - October '08) 97.40% Summer (May 09 - October 09) 85.1296 Summer (May . 10 - October •10) 89.92% Summer (May . 11- October '11) Not Available Vail Economic Indicators: Real Estate (2004 -2011) Indicator Source Description Report Date ('04- . 05) Data ('04'05) Report Date ('05- . 06) Data ('05'06) Report Date (06- '07) Data ('06 -07) Report Date (07- '08) Data ('07 -08) Report Date ('08- . 09) Data ('08'09) Report Date ('09'10) Data ('09'10) Report Date (10- '11) Data ('10'11) Real Estate Sales Eagle County Assessor's Office Total number of Real Estate Transactions within Vail Winter (November' 04 - April '05) 297 Winter (November 05 - April '06) 174 Winter (November' 06 - April '07) 175 Winter (November' 07 - April '08) 177 Winter (November 08 - April '09) 97 Winter (November' 09 - April 10) 121 Winter (November .10- April '11) 137 Summer (May 05 - October 05) 270 Summer (May 06 - October 06) 217 Summer (May '07 - October '07) 158 Summer (May '08 - October '08) 149 Summer (May 09 - October 09) 115 Summer (May . 10 - October , 10) 195 Summer (May . 11- October '11) Not Available Dwelling Units Community Number of Annual (January '05 - $778,298 Annual (January' 06 - $1,168,249 Annual (January' 07 - $2,169,933 Annual (January' 08 - $2,258,364 Annual (January' 09 - $2,854,325 Annual (January 10 - $1,641,593 Annual (January . 11 - $1,758,802 Constructed Development additional dwelling December 05) Summer (May '07 - October '07) December '06) Summer (May '08 - October '08) December 07) Summer (May 09 - October 09) December 08) Summer (May . 10 - October , 10) December '09) Summer (May . 11- October '11) December '10) 8 December '11) 11 Summer (May 05 - Department units constructed 2 0 7 9 6 24 17 75 1 59 Not Available 89 Not Available Sale Price Eagle County Assessor's Office Average sale price of Real Estate transactions Winter (November '04 - April '05) $778,298 Winter (November 05 - April '06) $1,168,249 Winter (November' 06 - April '07) $2,169,933 Winter (November' 07 - April '08) $2,258,364 Winter (November 08 - April '09) $2,854,325 Winter (November' 09 - April . 10) $1,641,593 Winter (November .10- April '11) $1,758,802 Summer (May 05 - October 05) $1,641,107 Summer (May 06 - October 06) $1,391,526 Summer (May '07 - October '07) $1,370,692 Summer (May '08 - October '08) $2'508'787 Summer (May 09 - October 09) $1,112,]28.]0 Summer (May . 10 - October , 10) $2,111,644.10 Summer (May . 11- October '11) Not Available Residential Eagle County Number of Winter (November' 04 - 184 Winter (November 05 - 165 Winter (November' 06 - 163 Winter (November' 07 - 143 Winter (November 08 - 82 Winter (November' 09 - April 113 Winter (November 126 Properties Sold Assessor's Office residential properties sold April '05) 107 April '06) 5 April '07) 10 April '08) 11 April '09) 15 10) 8 '10- April '11) 11 Summer (May 05 - 27 Summer (May 06 - 2 Summer (May '07 - 7 Summer (May' 08 - 6 Summer (May 09 - 17 Summer (May . 10 - October 1 Summer (May . 11- Not Available October 05) 243 October 06) 200 October '07) 144 October '08) 156 October 09) 98 10) 194 October '11) Not Available Commercial Eagle County Number of Winter (November '04 - $602 Winter (November 05 - $727 Winter (November' 06 - $902 Winter (November' 07 - $768 Winter (November 08 - $1 Winter (November' 09 - April $791 Winter (November $871 Properties Sold Assessor's Office commercial properties sold April '05) 107 April '06) 5 April '07) 10 April '08) 11 April '09) 15 10) 8 . 10- April '11) 11 Summer (May 05 - 27 Summer (May 06 - 2 Summer (May '07 - 7 Summer (May '08 - 6 Summer (May 09 - 17 Summer (May . 10 - October 1 Summer (May '11 Not Available October 05) October 06) October '07) October '08) October 09) 10) October '11) Price Per Square Foot Eagle County Assessor's Office Average price of Real Estate per square foot Winter (November '04 - April '05) $602 Winter (November 05 - April '06) $727 Winter (November' 06 - April '07) $902 Winter (November' 07 - April '08) $768 Winter (November 08 - April '09) $1 Winter (November' 09 - April '1 0) $791 Winter (November '10- April '11) $871 Summer (May 05 - October 05) $656 Summer (May 06 - October 06) $831 Summer (May '07 - October '07) $726 Summer (May '08 - October '08) $1,344 Summer (May 09 - October 09) $568 Summer (May . 10 - October 10) $1,060 Summer (May '11- October '11) Not Available Hotel/ Accommodation Units Constructed Community Development Department Number of additional hotel units constructed Annual (January '05 - December 05) 20 Annual (January ' 06 - December '06) 11 Annual (January ' 07 - December 07) 77 Annual (January' 08 - December 08) 90 Annual (January ' 09 - December '09) 2 Annual (January 10 - December '10) 3 Annual (January . 11 - Not Available Data provided was collected by the Town of Vail and MTRiP in Jan. 2009 and updated July 2011 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Fractional Fee Units Constructed Community Development Department Number of additional fractional fee unit; constructed Annual (January '05- December 05) 0 Annual (January '06 - December '06) 0 Annual (January '07 - December 07) Annual (January '08 - December 08) 0 Annual (January '09 - December '09) Annual (January 10- December '10) 64 Annual (January '11 - December '11) Not Available Net New Commercial Square Footage Community Development Department Net New Commercial Square Footage Constructed Annual (January '05 - December 05) 0 Annual (January '06 - December '06) 9,250sf Annual (January '07 - December 07) 36,207sf Annual (January '08 - December 08) 24,568sf Annual (January '09 - December '09) 1,552sf Annual (January '10- December '10) 29,006sf Annual (January '11 - December '11) Not Available 7611 Eccnomlc Indicators'. Real Estate 8/2/2011 7 -1 -6 cage 4 of 6' ast Mafled'. 7212011 Vail Economic Indicators: Town Revenue (2004 -2011) Indicator Source Description Report Date ('04- 1)51 Data ( Report Date ('05- '061 Data ( Report Date ('06- '071 Data ( Report Date ('0]- '00) Data ('07- -'08) Report Date (08- '091 Data ( Report Date ('09- '101 Data ( Report Date ('10- '111 Data (10- H0K Vail Village TOV Finance Department Amount collected (USD) Winter (November 04 - April '05) $1'959'692 Winter (November 05 - April '06) $2,150,643 Winter (November 06 - April '07) $2,235,665 Winter (November 07 - April '08) $2'102'116 Winter (November '08 - April '09) $1'598'271 Winter (November '09 - April '10) $1'696'072 Winter (November '10- April '11) $1,9511125 Summer (May 05 - October 05) $]0],992 Summer (May '06 - October 06) $709,091 Summer (May '07 - October 0]) $724,998 Summer (May '08 - October 08) $666,155 Summer (May '09 - October' 09) $573,505 Summer (May . 10 - October '10) $605,705 Summer (May . 11- October '11) Not Available Lionshead TOV Finance Department Amount collected (USD) Winter (November 04- April '05) $699,826 Winter (November 05- April 06) $680,292 Winter (November 06- April W) $104'911 Winter (November 0] - April 08) $856,906 Winter (November '08- April 09) $ 828,915 Winter (November '09- April '10) $883556 Winter (November '10- April '11) $975,965 Summer (May 05 - October 05) $146,560 Summer (May '06 - October 1)6) $154'984 Summer (May '07- October b]) $151,560 Summer (May '08- October 08) $210,343 Summer (May '09 - October '09) $18]'1]5 Summer (May '10- October '10) $198,885 Summer (May '11- October 'll) Not Available Cascade /E. Vail /Sandstone & W. Vail TOV Finance Department Amount collected (USD) Winter (November 04- April '05) $1,038,991 Winter (November 05- April 06) $1'109'781 Winter (November 06- April W) $1,144,388 Winter (November 0] - April 08) $1'192'703 Winter (November '08- April 09) $1,153,789 Winter (November' 09- April '10) $1'095'994 Winter (November' 10 April '11) $1,131,725 Summer (May 05 - October 05) $671,503 Summer (May' 06 - October 06) $707,587 Summer (May '07 - October 0]) $]12,12] Summer (May '08 - October 08) $764,727 Summer (May 09 - October '09) $680,951 Summer (May . 10 - October '10) $661,]]5 Summer (May . 11- October '11) Not Available N d— d H d K Vail Village TOV Finance Department Amount collected (USD) Winter (November 04- April '05) $1,819,656 Winter (November 05 - April '06) $2'021']1] Winter (November 06 - April '07) $2,090,189 Winter (November 07 - April '08) $2'147'236 Winter (November '08 - April '09) $1 Winter (November '09 - April '10) $1'793'215 Winter (November '10- April '11) $2'144'739 Summer (May 05 - October 05) $3]]'998 Summer (May '06 - October 1)6) $388,552 Summer (May '07 - October b]) $414'789 Summer (May '08 - October 08) $446,399 Summer (May '09 - October '09) $330,719 Summer (May '10 - October '10) $403,340 Summer (May '11- October '11) Not Available Lionshead TOV Finance Department Amount collected (USD) Winter (November 04 - April '05) $1'211'828 Winter (November 05 - April '06) $1,320,180 Winter (November 06 - April'07) $11148'205 Winter (November 07 - April '08) $1,590,517 Winter (November '08 - April '09) $1,367,737 Winter (November '09 - April '10) $1 Winter (November '10- April '11) $1,668,612 Summer (May 05 - October 05) $247,305 Summer (May '06 - October 1)6) $282,591 Summer (May '07 - October b]) $323;812 Summer (May '08 - October 08) $324,648 Summer (May '09 - October '09) $261,272 Summer (May '10 - October '10) $342,553 Summer (May '11- October 'll) Not Available Cascade /E. Vail /Sandstone & W. Vail TOV Finance Department Amount collected (USD) Winter (November 04 - April '05) $861,732 Winter (November 05- April '06) $911'909 Winter (November 06- April '07) $1,062,423 Winter (November 07 - April '08) $1'091'579 Winter (November '08 - April '09) $807,303 Winter (November '09 - April '10) $7731179 Winter (November '10- April '11) $814,886 Summer (May 05 - October 05) $276,491 Summer (May '06 - October 06) $294,382 Summer (May '07 - October b]) $302,]]9 Summer (May '08 - October be) $308,927 Summer (May '09 - October '04) $219,353 Summer (May '10 - October '10) $230,672 Summer (May '11- October 'll) Not Available N d— 0 d F d K m d > d LL 0 01 X Vail Village TOV Finance Department Amount collected (USD) Winter (November 04 - April '05) $1,565,938 Winter (November 05- April '06) $1']09']31 Winter (November 06 - April '07) $1,865,670 Winter (November 07- April '08) $1'897'564 Winter (November '08 - April '09) $1,653,738 Winter (November '09 - April '10) $1'679'681 Winter (November '10- April '11) $2,015,115 Summer (May 05 - October 05) $]4],920 Summer (May '06 - October 06) 9777,970 Summer (May '07 - October 0]) $867,240 Summer (May '08 - October 08) $8]2,56] Summer (May '09 - October '09) $741,054 Summer (May '10 - October '10) $843,754 Summer (May '11- October '11) Not Available Lionshead TOV Finance Department Amount collected (USD) Winter (November 04 - April '05) 9388,096 Winter (November 05 - April '06) 9395,789 Winter (November 06 - April '0]) 9398,375 Winter (November 07 - April '08) $552,068 Winter (November '08 - April '09) $581,408 Winter (November '09 - April '10) $586,820 Winter (November '10- April '11) $628,809 Summer (May 05 - October 05) $161,611 Summer (May '06 - October 1)6) $1]2,]64 Summer (May '07 - October b]) $227,858 Summer (May '08 - October 08) $308,728 Summer (May '09 - October '09) $245,699 Summer (May '10 - October '10) $2]5,92] Summer (May '11- October 'll) Not Available Cascade /E. Vail /Sandstone & W. Vail TOV Finance Department Amount collected (USD) Winter (November 04- April '05) 9382,326 Winter (November 05 - April '06) $42],585 Winter (November 06 - April '0]) $445'549 Winter (November 07 - April '08) $419'824 Winter (November '08- April '09) $35],009 Winter (November '09- April '10) $320,65] Winter (November '10- April '11) $335,369 Summer (May 05 - October 05) $308,933 Summer (May '06 - October 06) $321'019 Summer (May '07 - October b]) $335,263 Summer (May '08 - October 08) $286'244 Summer (May '09 - October '09) $228'979 Summer (May '10 - October '10) $255,147 Summer (May '11- October '11) Not Available Total Sales Tax vs. Inflation as Measured by CPI TOV Finance Department Sales tax % Increase Full Year 2005 vs. full year 2004 6.6% Full Year 2006 vs. full year 2005 8.2% Full Year Sales Tax Increase (Decrease) 6.00/6 Full Year Sales Tax Increase (Decrease) 3.80/6 Full Year Sales Tax Increase (Decrease) -13.86/6 Full Year Sales Tax Increase (Decrease) '6% Full Year Sales Tax Increase (Decrease) Not Available CPI % Increase Full Year 2005 vs. full year 2004 3.4% Full Year 2006 vs. full year 2005 3.2% Full Year CPI Increase (Decrease) 2.8% Full Year CPI Increase (Decrease) 3.8% Full Year CPI Increase (Decrease) -0 Full Year CPI Increase (Decrease) 1.6� Full Year CPI Increase (Decrease) Not Available Sales tax better (worse) than inflation Full Year 2005 vs. full year 2004 3.2 Full Year 2006 vs. full year 2005 5.0 Sales Tax Better (Worse) Than Inflation 3.2 Sales Tax Better (Worse) Than Inflation 0.0 Sales Tax Better (Worse) Than Inflation - 13.4^ /a Sales Tax Better (Worse) Than Inflation 2.9% Sales Tax Better (Worse) Than Inflation Not Available Construction tJse Tax TOV Finance Department Total construction use taxes collected - Annual (]anuary '05 - December 05) Not implemented Annual (]anuary '06 - December '06) Not implemented Annual (]anuary '07 - December '0]) Not implemented Annual (]anuary '08 - December '08) $608,483 Annual (]anuary 09 - December 09) $713,582 Annual (]anuary '10 - December '10) $1,103,119 Annual (]anuary '11 - December '11) Not Available TotalProperty Tax TOV Finance Department Total property taxes collected Annual (January '05 - December 05) $2,469,629 Annual (January '06 - December '06) $2,751,032 Annual (January '07 - December '0]) $2,830,331 Annual (January '08 - December '08) $4,092,167 Annual (]anuary 09 - December '09) $4,31],41] Annual (]anuary '10 - December '10) $4,782,945 Annual (]anuary '11 - December '11) Not Available Total Real Estate Transfer Tax TOV Finance Department Total Real Estate Transfer Tax collected Annual (]anuary '05 - December 05) $6,206,058 Annual (]anuary '06 - December '06) $6,239,744 Annual (]anuary '07 - December '0]) 96,536,118 Annual (]anuary '08 - December '08) $9,091,917 Annual (]anuary 09- December '09) $2,513,481 Annual (]anuary '10 - December '10) $6,950,701 Annual (]anuary '11 - December '11) Not Available Town Reserves TOV Finance Department General Fund Year -End Balance As of December 31, 2005 $13,6]3,808 As of December 31, 2006 $15,433,051 General Fund Balance ss of December 31 200] $19 General Fund Balance as of December 31, 2008 $23,002,886 General fund Balance as of December 31, 2009 $23,1]3,41] General Fund Balance as of December 31, 2010 $22,886,692 General Fund Balance as of December 31, 2011 Not Available Data provided was collected by the Town of Vail and MTRiP in Jan. 2009 and updated July 2011 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. 0611 Eccnomlc Indcators. Town Reverue 8/2/2011 7 -1 -7 , age 5 of 6 ast Mcdlfled'. 7212011 Consumer US Conference Consumer Winter (November' 04 - 1,568,192 Winter (November' 05 - 1,676,118 Winter (November 06 - 1,608,204 Winter (November' 07 - 1,569,788 Winter (November' 08 - 1,622,000 Winter (November 09 - 1,599,000 Winter (November . 10 - 1,750,000 Confidence Board Confidence Index April 05) 100.9 April' 06) 104.6 April' 0]) 107.8 April' 08) ]].8 April' 09) 35.3 April' 10) 52.9 April' 11) 62.3 Index Department of Loral residents in Vail Summer (May' 05 - 4,789 Summer (May' 06 - 4,812 Summer (May' 07 - 4,871 Summer (May' 08 - 4,960 Summer (May 09 - 5,027 Summer (May 10 - 5,305 Summer (May '11- Not available Affairs October '05) 98.5 October' 06) 104.7 October' 0]) 104.4 October' 08) 52.6 October 09) 51.2 October 10) 53.3 October' 11) Not available Visitors Vail Resorts Estimated Number ofVisitors Winter (November '04- April 05) 1,568,192 Winter (November '05- April '06) 1,676,118 Winter (November 06- April '07) 1,608,204 Wmter (November '07- April '08) 1,569,788 Winter (November '08- April '09) 1,622,000 Winter (November 09- April '10) 1,599,000 Winter (November '10- April '11) 1,750,000 Summer (May' 05 - October 05) 650,000(2001) Summer (May' 06 - October 06) 650,000 (est) Summer (May' 07 - October' 0]) 650,000 (est) Summer (May' 08 - October' 08) 650,000 (est) Summer (May 09 - October 09) 650,000 (est) Summer (May' 10 - October' 10) 650,000 (est) Summer (May '11- October' 11) Not available Unemployment Rate Colorado Department of Lahr -Laal Area Ltemployment Statistics Unemployment rate in Eagle County a l (January '05- December '05) Annual (January '06- December '06) Annual (January '07- December '07) Annual (January b8- December '08) 3.6 Annual (January '09- December 119) 7.40% Annual (January '10- December '10) 9.50 Annual (January 'll- December '11) Not available US Dollar vs. US Federal US Dollar vs. Euro Winter (November' 04 - 27522 Winter (November' 05 - 29127 Winter (November 06 - 30300 Winter (November' 07 - 30 Winter (November' 08 - 27961 Winter (November 09 - 26582 Winter (November . 10 - Not available Euro Reserves (USD) April 05) $1.31 April' 06) $1'20 April' 0]) $1'32 April' 08) $1.50 April' 09) $1.31 April' 10) $1.41 April' 11) $1.37 Department of Loral residents in Vail Summer (May' 05 - 4,789 Summer (May '06 - 4,812 Summer (May' 07 - 4,871 Summer (May' 08 - 4,960 Summer (May 09 - 5,027 Summer (May' 10 - 5,305 Summer (May '11- Not available Affairs October '05) $1.22 October' 06) $1.27 October' 0]) $1.37 October' 08) $1.49 October 09) $1.42 October 10) $1.29 October' 11) Not available Same Store Sales Mtrip Amount of sales Winter (November' 04 - 27522 Winter (November' 05 - 29127 Winter (November 06 - 30300 Winter (November' 07 - 30 Winter (November' 08 - 27961 Winter (November 09 - 26582 Winter (November' 10 - Not available reports Government, (USD) April 05) Not implemented April' 06) Not implemented April' 0]) $97,122,801 April' 08) $97,957,837 April' 09) $78,710,137 April'10) $78,540,486 April' 11) $85,290,554 Department of Loral residents in Vail Summer (May' 05 - 4,789 Summer (May' 06 - 4,812 Summer (May' 07 - 4,871 Summer (May' 08 - 4,960 Summer (May 09 - 5,027 Summer (May' 10 - 5,305 Summer (May '11 Not available Affairs October 05) Not im October 06) Not im October 'O]) $30,636 October '08) $29,496 October 09) $24,423 October '10) $26,863 October 11) Not available Employment Colorado Department of Lahr -Laal Area Jn=_mployment SMttrn, Estimated number of people employed in Eagle County Annual (January '05- December '05) 27522 Annual (January '06- December 06) 29127 Annual (January '07- December 07) 30300 Annual (January 08- December 08) 30 Annual (January '09- December 09) 27961 Annual (January '10- December 10) 26582 Annual (January '11- December 11) Not available Population Colorado State Number of Annual (as of July' 05) Annual (as of July' 06) Annual (as of July' 07) Annual (June' 07 - ]uly Annual (June' 08 - ]uly Annual (June' 09 - ]uly Annual (June' 00 - ]uly Estimates Government, estimated full-time 08) 09) 10) 11) Department of Loral residents in Vail 4,789 4,812 4,871 4,960 5,027 5,305 Not available Affairs Banking Deposits FDIC in Eagle County Data provided was collected by the Town of Vail and MTRiP in Jan. 2009 and updated July 2011 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Vail Economic Indicators: Business Growth (2004 -2011) Indicator Source Description Report Date ('04 Data ( Report Date (05- Data ('05 -06) Report Date ('06- Data ( Report Date (0]- Data ('07-'08) Report Date ('08- Data ('08 -09) Report Date ('09- . n5) 4 161 4071 4 181 1191 '101 Data ( Report Date ('10- Data (10- '111 Total amount of Annual (July '04 -June Annual (July '05 -June Annual (July 06 - June Annual (July '07 -June Annual (July 08 - June Annual (July 09 - June banking deposits 05) $1,139,566 ,000 S OS) $1,3]3,139,000 $1,491,847,000 X08 $1,459,685,000 X09 $1,449,899,000 '10) (USD) Indicator Vail Eccnomic Indicators'. Brslress Growth_ Macro Econ Description Report Date ('04- Data (04'05) 4 151 8/2/2011 7 -1 -8 Vail Economic Indicators: Macroeconomic (2004 -2011) Report Date (05- Data ('05 -06) Report Date ('06- Data ( Report Date (0]- Data ('07-'08) 4 161 4071 081 rage 6 of 6 Report Date ('08- Data ('08 -09) Report Date ('09- 091 '101 1,409,032,000 1'11) Annual (July '10 -June 1,409,032,000 X11) Not available Data ( Report Date ('09- Data ( '101 ast MNlfied'. 7212011 Town of Vail - Sales Summary Summer 2011, as of 5/31/11 This monthly Sales Tax Collection Summary provides both graphic and brief supporting narrative summaries of sales tax collections in the Town of Vail. It is prepared monthly by town staff in conjunction with MTRIP, and is intended to provide summary information for town management, Town Council, the Vail Economic Advisory Council (VEAC), and Vail Local Marketing District Advisory Council (VLMDAC). 1. Series One is an "All Store" series of sales tax collections from all businesses. The report series is best used to evaluate total sales activity for the current season, compared to last season, and is broken down by both geographic and business segments. 2. Series Two is a "Same Store" fixed set of select businesses (see table below), using gross sales revenue, and is best used to compare the performance of a fixed set of established businesses. 3. Series Three is a Comparison of Set One and Set Two, and can be used to compare and contrast the initial two sets. Comparisons between the two are based on percentage change year over year, thereby mitigating the fact that Series One -AII Store is based on sales tax collections and Series Two —Same Store is based on gross sales. All Report sets are further broken down by Geographical subset and by Business Segment. Reports compare current season -to -date results against the previous season, where "Summer" is November — April, and Non - Summer is May — October. Note: For purposes of the Series Two "Same Store" comparison, the following businesses are included in their respective sets: LODGING RETAIL RESTAURANT VAIL VILLAGE Austria Haus American Ski Exchange Blu's Gasthoff Gramshammer Blitz La Tour Lodge at Vail Colorado Footwear Red Lion Mountain Haus Golden Bear Russell's Sonnenalp Gorsuch Sweet Basil Vail Mountain Lodge Roxy Vendettas LIONSHEAD Antlers Charlie's T- Shirts Bart & Yeti's Destination Resorts Double Diamond Billy's Lift House Lions Head Jewelers Garfinkel's Lion Square Swedish Clog Cabin Les Delices De France Marriott Vail Ski Bike Tech Moe's Montaneros Vail T -Shirt Montauk The report is produced by the Town of Vail Economic Development Office, with data provided by the Town of Vail Finance Department, and is prepared by MTRiP, the Mountain Travel Research Program. For further information, please contact: Kelli McDonald, Town of Vail Ecd18 Manager (970.479.2454, kmcdonaldc vailgov.com). 7 -2 -1 Town of Vail - Sales Summary Summer 2011, as of 5/31/11 Series 1: ALL STORE report for Summer 2011 (May 11 thru Oct 11) ACTUALS BY MONTH "All Store" Sales Tax Collections Summer 2011 vs. Summer 2010 060,000 W Retail W Lodges W Restaurants LH Retail LH Lodges LH Restaurants May 2011 sales tax collections were up in all 050,000 O$Change sector /location groupings except for LH t Summer 2010 540,000— • + Summer 2011 restaurants. 030,000 — 'Cs . . S20.000 — x d 610,000 — -, 50 — I I - 510,000 - 020,000 0 ® ® E M M M M M M Month (Year- over -year % change shown above month labels) SEASON - TO - DATE CHANGE "All Store" Sales Tax Collections Summer 2011 vs. Summer 2010 Summer total sales tax collections to date (thru 40% •W +LH Combined 32.8% 290, May) are UP for 30 % —p Vail Village 25.1% V 20 0 Lionshead • VV retail 14.2% 8.6% 8.1% 10.1% 9.7% • LH retail ▪ °% • VV lodges • -10% • LH Lodges -20% • VV restaurants -30% rl -40% 435% Summer total sales tax collections to date are -60% Retail Lodges Restaurants DOWN for: • LH restaurants MONTHLY CHANGE All Store" Sales Tax Collections Summer 2011 vs. Summer 2010 40' Mv sales tax collections were UP for: May 30% • Summer Total I • VV retail s 20% • 00 • VV lodges ▪ °, • VV restaurants `_ -10% • LH retail -20% • LH lodges v -30% -40% May sales tax collections were DOWN for: -50% ° a • LH restaurants W Retail W Lodges W LH Retail LH Lodges LH Restaurants Restaurants The report is produced by the Town of Vail Economic Development Office, with data provided by the Town of Vail Finance Department, and is prepared by MTRiP, the Mountain Travel Research Program. For further information, please contact: Kelli McDonald, Town of Vail Ecd18 Manager (970.479.2454, kmcdonaldc vailgov.com). 7 -2 -2 Town of Vail - Sales Summary Summer 2011, as of 5/31/11 Series 2: SAME STORE report for Summer 2011 (May 11 thru Oct 11) ACTUALS BY MONTH "Same Store" Gross Sales Summer 2011 vs. Summer 2010 $500,000 WRetail W Lod •es VV Restaurants LH Retail LH Lod •es LH Restaurants "Same store" gross sales in May were variable by hill location and sector. In VV retail was up while �� 000 10 y i lodges and restaurants were down. In LH, retail v $300,000 ■ and lodges were up, while restaurants were down. ■ 0 0200,000 N $100,000 — — i — — -5100,000 1 — ® —ww� M M M M M M Month (Year-over-year % change shown above month labels) SEASON - TO - DATE CHANGE "Same Store" Gross Sales Summer 2011 vs. Summer 2010 Summer total "same store" gross sales to date are 20% 16.1% UP for: • 15% W +LH Combined ❑ Vail Village • VV retail 0n 1 0% p Lionshead 5.1% 6.2% 9 5% 2.090 • LH retail P0 °% i ' • LH lodges — -5% -6.2 -6.1%0 -6.3% -10% -9.8% Summer total "same store" gross sales to date are -15% DOWN for: 20% • VV lodges -25% - 22.2 Retail Lodges Restaurants • VV restaurants • LH restaurants MONTHLY CHANGE "Same Store" Gross Sales Summer 2011 vs. Summer 2010 May "same store" gross sales were UP for: 20% • VV retail ,5% •May Summer Total • LH retail w 10% 6 sc • LH lodges w 5% c; n 5% . ■ -5% M "same store" gross sales were DOWN for: oe • VV lodges -15% • VV restaurants -20% • LH restaurants -25% W Retail W Lodges W LH Retail LH Lodges LH Restaurants Restaurants The report is produced by the Town of Vail Economic Development Office, with data provided by the Town of Vail Finance Department, and is prepared by MTRiP, the Mountain Travel Research Program. For further information, please contact: Kelli McDonald, Town of Vail Ecd18 Manager (970.479.2454, kmcdonaldc vailgov.com). 7 -2 -3 Town of Vail - Sales Summary Summer 2011, as of 5/31/11 Series 3: COMPARISON: ALL STORE VS SAMES STORE for Summer 2011 (May 11 thru Oct 11) SEASON -TO -DATE CHANGE This summer to date, "same store" is trailing "all store" All Store° vs. "Same Store" Summer 2011 vs. Summer 2010 for: 40% Retail Ldges Restaurants • VV retail 0 , • VV lodges 200 - • LH lodges .I ' 0% 11 11 • • I c111-1. — • VV restaurants o% • - Y 0 , B contrast "same store" is outpacing "all store" for: -20% • LH reta i I 0% • LH restaurants a 40% GALL STORE: Summer 2011 to date • SAME STORE: Summer 2011 to date - 50% W +LH VV LH W +LH W LH W +LH W P LH MONTHLY CHANGE: W + LH COMBINED "All Store" vs. "Same Store' Summer 2011 vs. Summer 2010 Monthly detail — VV+ LH combined: 40% Retail Lodging Restaurants • Retail: "Same store" trailed "all store" in May. 30% • Lodging: "Same store" trailed "all store" in May. 20% • Restaurants: "Same store" trailed "all store" in 8 10% r r May. i II II a -20% - 30% — f7 ALL STORE: % Change, 2011 vs. 2010 • SAME STORE: % Change, 2011 vs. 2010 a -40% -50 M Tot. M Tot. M Tot. MONTHLY CHANGE: VAIL VILLAGE All Store° vs. "Same Store" Summer 2011 vs. Summer 2010 Monthly detail — VV: 40% Vail Village Retail Vail Village Lodging Vail Village Restaurants • Retail: "Same store" trailed "all store" in May. 30% — — • Lodgi "Same store" ailed "" M 20% • Resta urants: "Same store trailed all "all store store " in ay. 10% May. MI MI 8 FL 1 o% 1 a -20% 30% '4 p a - 40% — t] ALL STORE: % Change, 2011 vs. 2010 • SAME STORE: % Change, 2011 vs. 2010 - 50% M Tot. M Tot. M Tot. The report is produced by the Town of Vail Economic Development Office, with data provided by the Town of Vail Finance Department, and is prepared by MTRiP, the Mountain Travel Research Program. For further information, please contact: Kelli McDonald, Town of Vail Ecd18 Manager (970.479.2454, kmcdonaldc vailgov.com). 7 -2 -4 Town of Vail - Sales Summary Summer 2011, as of 5/31/11 MONTHLY CHANGE: LIONSHEAD All Store" vs. "Same Store' Summer 2011 vs. Summer 2010 Monthly detail — LH: 40% Lionshead Retail Lionshead Lodging Lionshead Restaurants • Retail: "Same store" outpaced "all store" in May. 30% • Lodging: "Same store" trailed "all store" in May. 2 °% 10% • Restaurants: "Same store" outpaced "all store" o ; o ; — — in May. °/ n 7 H U ,0% l= ALL STORE: % Change, 2011 vs. 2010 - 20% MI SAME STORE: %Change,2011 vs.2010 -30% -40% -50% M Tot. M Tot. P M Tot. The report is produced by the Town of Vail Economic Development Office, with data provided by the Town of Vail Finance Department, and is prepared by MTRiP, the Mountain Travel Research Program. For further information, please contact: Kelli McDonald, Town of Vail Eco18 1 Development Manager (970.479.2454, kmcdonaldc vailgov.com). 7 -2 -5 TOWN OF VAIL Memorandum TO: Vail Town Council FROM: Pam Bra nd meyer RE: Vail Valley Athlete Commission Summer 2011 Funding DATE: August 2, 2011 The Vail Valley Athlete Commission Summer 2011 funding recipients are as follows: Gretchen Reeves/Mountain Bike $1,000 Josiah Middaugh/Triathlon $1,000 Jake Wells /Cyclocross $ 750 John Klish/Off -Road Triathlon $ 750 As Council is aware, this joint commission is funded annually by the Town of Vail ($6,000); Vail Resorts ($10,000); and the Vail Valley Foundation ($10,000). Beaver Creek Resort Company (BCRC) cut back their funding a few years back from $10,000, at which time, the town followed suit. Now the BCRC has temporarily withdrawn its funding for this program as it has cut back on many former contributions. 8/2/2011 7 -3 -1 MEMORANDUM July 27, 2011 To: Vail Town Council Stan Zemler Pam Brandmeyer Judy Camp From: Sally Lorton Re: June Sales Tax On the reverse side please find the latest sales tax worksheet. I estimate Vail will collect another $34,000 in June sales tax to bring June collections to $891,791. If so, we will be up 12.5% or $98,756 from budget and up 2.1% or $18,026 from June 2010. Year -to -date would be up 9.8 ° /0 or $1,003,434 from 2010. The year -to -date and full year budgets have been amended by $900,000 to reflect additional collections earlier in the year. Year -to -date revenue would be up 11.5% or $1,156,613 from the original budget and 2.6% or $290,613 from the amended budget. June lift tax is down 19.6% or $1,179. 8/2/2011 7 -4 -1 Month 2001 2002 2003 2004 2005 2006 Town of Vail Sales Tax Worksheet 7/27/2011 2007 2006 2009 2010 Budget 2011 Collections Budget Variance %Change from 2010 %Change from Budget • Janua 11 , • 7 17 • :1 1 • • 7 i • : • 1 • .7 •7 • : 783,306 2,976,655 2,619,673 2,564,383 2,794,140 2,794,140 0 8.96% 0 -00% 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 2,801,473 2,801,473 0 8.70% 0.00% 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 2.994,559 3,139,083 144,524 16 91% 4.83% April 1,043,431 870,875 871,468 992,157 915,554 1,280,324 1,330,740 1,098,918 1235,941 1,156,934 1,134,118 1,186,353 52,235 2 -54% 4.61% May 448,234 414,248 428,919 411,595 458,770 449,283 545,874 622,103 516,150 421,925 474,867 469,965 (4,902) 11 -39% - 1.03% Ju4 Total July 751,439 9,388,843 . ._ 1,157,867 657,707 8,997,808 - .: -,... .. 1,044,966 742,755 8,524,338 - ...... _ ..... -_ 1,075,532 732,113 9,068,709 1,128,514 834,913 9,699,682 1,166,183 805,362 10,513,038 1,255,243 953,017 _...w, 11,318,026 1,265,781 918,061 12,014,656 717,233 873,765 10,279,371 793,035 10,992,192 1,165,084 857,791 11,248,805 ; :; ... 64,756 - 256,613 = may - 1.83% 9 -43% 8.17% 2 -33% 10,182,453 1,397,842 1,121,860 1,228,767 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 17,800,000 TOWWM OF . 1� ! VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 2, 2011 ITEM /TOPIC: Matters from Mayor and Council 8/2/2011 r TOM [ F Ni VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 2, 2011 ITEM /TOPIC: Executive Session, pursuant to: 1)C.R.S. §24- 6- 402(4)(a)(b)(e) - to discuss the purchase, acquisition, lease, transfer, or sale of property interests; to receive legal advice on specific legal questions; and to determine positions, develop a strategy and instruct negotiators, Regarding: Timber Ridge redevelopment, Lionshead Parking Structure redevelopment, and other real property negotiations; 2) C.R.S. §24- 6- 402(4)(f)) - to discuss personnel matters, Regarding: Personal matters; 3) C.R.S. §24- 6- 402(4)(b) - to receive legal advice on specific legal questions; Regarding: 2011 Election and other legal updates. PRESENTER(S): Matt Mire 8/2/2011