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HomeMy WebLinkAbout2013-08-06 Agenda and Support Documentation Town Council Work SessionNOTE E 191 M 41 VAIL TOWN COUNCIL WORK SESSION AGENDA VAIL TOWN COUNCIL CHAMBERS 75 S. Frontage Road W. Vail, CO 81657 10:30 A.M., AUGUST 6, 2013 TOWN QF VAIL� 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. ITEM /TOPIC: Roost Lodge Site Visit (30 min. ) PRESENTER(S): Warren Campbell ITEM /TOPIC: CIRSA Safety Champion Recognition (5 min. ) PRESENTER(S): Krista Miller BACKGROUND: The Colorado Intergovernmental Risk Sharing Agency, better known as CIRSA has chosen to recognize the entire TOV Safety Committee with the CIRSA Safety Champion Award for the sixth time in seven years. This award is given to an employee, department, or safety committee who supports a strong safety culture with an active loss prevention program to help reduce accidents, injuries, and insurance claims. Current members of the committee are: Sean Koenig, Community Development; Albert Maes, Facilities Maintenance; Sally Lorton, Finance; Mike McGee, Fire; Todd Scholl, Fleet Maintenance; Krista Miller and Lori Aker, HR Safety Risk;, HR/ Safety Risk and Transit; Rusty Jacobs, Police; Keven Reijonen and Charlie Turnbull, Public Works; Ernie Chavez II, Joyce Rihanek, and Jordan Winters, Transit. Additional members of the group in 2012 were John Power (J.P.), HR /Safety Risk and Graham Rowe, HR /Safety Risk and Transit. ITEM /TOPIC: DRB /PEC Update (10 min.) PRESENTER(S): Warren Campbell ITEM /TOPIC: Starting Hearts Presentation (15 min. ) PRESENTER(S): Lynn Blake ACTION REQUESTED OF COUNCIL: Listen to the presentation and ask questions. BACKGROUND: Starting Hearts is a non - profit organization dedcated to saving the lives of Sudden Cardiac Arrest (SCA) victims through free Cardiopulmonary Resuscitation (CPR) and Automated External Defibrillator (AED) training and access program. ITEM /TOPIC: International ID /64063 Festival Honoring Town of Vail Reception: LaTour @11:45 am (90 min. ) ITEM /TOPIC: Pitkin Creek Bus Shelter and Water Wheel Restoration (20 min) PRESENTER(S): John King ACTION REQUESTED OF COUNCIL: Discuss and provide direction on the restoration of both the Pitkin Creek Bus Shelter and water wheel. BACKGROUND: The Pitkin Creek Bus Shelter located along Pitkin Creek on Bighorn Road and the water wheel located just north of 170 along Pitkin Creek are in need of restoration. Staff has researched their history dating back to the early nineteen hundreds and has put together cost estimates for their restoration. STAFF RECOMMENDATION: Staff recommends proceeding with the renovation of the bus shelter and would appreciate any comment and suggestions from the Council as to level of finishes and level of historical accuracy desired. Staff also recommends that the Council proceed with the restoration of the water wheel and provide direction of suitable locations for relocation of the water wheel and what level of protection is desirable. 7. ITEM /TOPIC: Update on the 2013 USA Pro Challenge and on the 2015 World Alpine Championships (45 min. ) PRESENTER(S): Ceil Folz and Adam Lueck, Vail Valley Foundation ACTION REQUESTED OF COUNCIL: Listen to the presentation and ask questions. BACKGROUND: The USA Pro Challenge is bringing the Time Trial back to Vail on Friday, August 23, 2013. Details will be given on the event overview, media coverage, and Town of Vail benefits. The 2015 World Alpine Championships are coming to the Vail Valley in February 2015. Details will be given on the event overview, media coverage, and Town of Vail benefits. 8. ITEM /TOPIC: Update to the Town Council to include the updated cost estimates for the completion of the Ford Park Phase 1 Improvements; overview of the Phase 1 B projected estimates and a request to award the construction budget for Ford Park Phase 1 B and Sport Field Improvements. (30 minutes) PRESENTER(S): Greg Hall ACTION REQUESTED OF COUNCIL: Move the 2014 2.7M forward to 2013 and supplement the Ford Park Budget by an additional $ 1,500,000 BACKGROUND: Please see attached Memo. STAFF RECOMMENDATION: Move the 2014 2.7M forward to 2013 and supplement the Ford Park Budget by an additional $ 1,500,000 9. ITEM /TOPIC: Presentation by Kristen Bertuglia, Kim Langmaid (President and CEO of the Eagle Valley Alliance for Sustainability), and Jane Ross (Sonnenalp Resort) on the "AMWy Green by 2015" Sustainable Business Program. (25 mins) PRESENTER(S): Kristen Bertuglia, Kim Langmaid, Jane Ross ACTION REQUESTED OF COUNCIL: Staff requests that the Vail Town Council listen to the presentation and ask questions. BACKGROUND: The 2015 FIS Alpine World Ski Championships Environment Committee has adopted the following policy statement in preparation for the Championships, with the goal of making our community more sustainable into the future. We are committed to: - Reduce carbon emissions -Use quality local & US made materials & partner wth eco- friendly concessioners - Reduce waste, recycle and compost - Promote water conservation - Protect air quality through efficient transportatbn & the Idlewise program - Educate about the importance of natural resourcesand the value of public lands In order to support this policy statement, the Town of Vail, the Vail Valley Foundation, the Environment Committee and the Eagle Valley Alliance for Sustainability are partnering to offer sustainable business training through Sustainable Tourism International, a world -renowned green business certification program. More information may be found at www.sustainabletravel.org STAFF RECOMMENDATION: Staff recommends that the Vail Town Council and community encourage business participation in the two -day training program, and support the key goals of the program: scale the industry- feading sustainability work of many Vail Valley businesses and begin to manage sustainability efforts at the destination level, and establish Vail Valley as a global leader in sustainable destinations. 10. ITEM /TOPIC: Proposed revenue projections for 2014. (20 min.) PRESENTER(S): Kathleen Halloran ACTION REQUESTED OF COUNCIL: Discuss the projected major revenue items for the 2014 budget and provide direction to staff. BACKGROUND: The annual budget cycle starts with the discussion of major revenues. Future revenues are calculated based on current year to date, five -year averages and analysis of external economic influences. STAFF RECOMMENDATION: Discuss and provide recommendations to the 2014 revenue projections. 11. ITEM /TOPIC: Information Updates and Attachments: 1) VEAC July 9 Meeting Minutes; 2) May 2013 Business Review; 3) June 2013 Sales Tax; 4) Revenue Highlights 5) Economic Indicator Spreadsheet Ski Season 2012/13; 6) Vehicle Sign Update; 7) Stephens Park Update -Over the past couple of years, staff has received increased comments, concerns and complaints from town crews (irrigation, landscapers and flower) whd/fAWk in all the town's parks, including Stephens Park. As Council is aware, several years ago direction was given to create dog leash -free environments for both Sterhens Park in Intermountain, as well as Bighorn Park in East Vail. Stephens Park, likely due to its location next to the 1 -70 exit, is regubrly used by non - residents of that immediate neighborhood and the increasing lack of pet supervision and clean up is creating a most undesirable and difficult work environment, in addition to the conditions other park users are experiencing. This park is singular in the lack of policing the clean up and disposal of pet waste. Staff is requesting direction to provide a 30 day notice to park users that if cleanliness and care is not ramped up exponentially, Council may reconsider the dog leash free designation. (5 min.) 12. ITEM /TOPIC: Matters from Mayor,Council and Committee Report (15 min.) 13. ITEM /TOPIC: Executive Session, pursuant to: 1) C.R.S. §24- 6- 40�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: golf course easements; 2) C.R.S. §24- 6- 402(4)(b)(ey to receive legal advice on specific legal questions; and to determine positions, develop a strategy and instruct negotiators, Regarding: Ford Park Phase II. (60 min. ) PRESENTER(S): Matt Mire 14. ITEM /TOPIC: Adjournment (4:40 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 6, 2013 IN THE VAIL TOWN COUNCIL CHAMBERS FUTURE AGENDA ITEMS: Ongoing agenda items TBD: DRB /PEC updates - Warren - WS - 15 min Information Updates Attachments: WS - 15 min.; Execrative Session items: 30 min.; Consent Agenda: 5 min.; Town Manager Report: 5 min. FUTURE AGENDA ITEMS: Vail Resorts Marketing Strategy Update - Kelli - WS - 20 min. - 08/20 Burton and Highline 4 year vision - Kelli - WS - 6®nin (working lunch) - 08/20 VVMC Master Plan Update - George - ES- 60 min. - 8/20 1st reading of Ord #1 - Charter Split - Matt M - E& 30 min. - TBD EHU Housing Authority - TBD 2015 WAC construction restrictions discussion - George - WS - 30 min. - TBD VVMC /TOV discussion on MOB - Doris Kirchner, VVMC - ES - 30 min. - TBD Sister City discussion - TBD Discussion of future of RSES - TBD Streaming PEC & DRB - TBD Vail Village Character Preservation Update - TBD 2015 Expectations /Legacy Piece - TBD 8/6/2013 8/6/2013 VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: Roost Lodge Site Visit PRESENTER(S): Warren Campbell 8/6/2013 rowH Of vn �ii> rowH Of vn �ii> VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: CIRSA Safety Champion Recognition PRESENTER(S): Krista Miller BACKGROUND: The Colorado Intergovernmental Risk Sharing Agency, better known as CIRSA has chosen to recognize the entire TOV Safety Committee with the CIRSA Safety Champion Award for the sixth time in seven years. This award is given to an employee, department, or safety committee who supports a strong safety culture with an active loss prevention program to help reduce accidents, injuries, and insurance claims. Current members of the committee are: Sean Koenig, Community Development; Albert Maes, Facilities Maintenance; Sally Lorton, Finance; Mike McGee, Fire; Todd Scholl, Fleet Maintenance; Krista Miller and Lori Aker, HR Safety Risk;, HR/ Safety Risk and Transit; Rusty Jacobs, Police; Keven Reijonen and Charlie Turnbull, Public Works; Ernie Chavez II, Joyce Rihanek, and Jordan Winters, Transit. Additional members of the group in 2012 were John Power (J.P.), HR /Safety Risk and Graham Rowe, HR /Safety Risk and Transit. 8/6/2013 VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: DRB /PEC Update PRESENTER(S): Warren Campbell ATTACHMENTS: July 17, 2013 DRB Meeting Results July 22, 2013 PEC Meeeting Results 8/6/2013 rowH Of vn �ii> rowN of va MEMBERS PRESENT Tom DuBois Brian Gillette Andy Forstl Libby Maio Rollie Kjesbo DESIGN REVIEW BOARD AGENDA PUBLIC MEETING July 17, 2013 Council Chambers 75 South Frontage Road West - Vail, Colorado, 81657 PROJECT ORIENTATION MEMBERS ABSENT SITE VISITS 1. Ferguson Residence — 1250 Westhaven Circle 2. Friedman Residence — 1150 Sandstone Drive Unit A 3. Town of Vail — Covered Bridge Area 4. Ford Park - 530 South Frontage Road East MAIN AGENDA 1. Appeal of Vail Golf Course Hole 18 DRB130191 / 15 minutes Final review of a minor exterior alteration (reconfiguration of tees and hole) 1775 Sunburst Drive /Unplatted (Vail Golf Course) Applicant: Vail Recreation District, represented by Scott O'Connell ACTION: Withdrawn 1:OOpm 3:OOpm George 2. Ferguson Residence DRB130207 / 15 minutes Warren Final review of an addition (garage and new facade) 1250 Westhaven Circle /Lot 30, Glen Lyon Subdivision Applicant: John and Violet Ferguson, represented by William Reslock, Architect ACTION: Approved with condition(s) MOTION: Kjesbo SECOND: Maio VOTE: 5 -0 -0 CONDITION(S): 1) The applicant shall plant a minimum of three, 8 -foot tall evergreen trees along the west property line prior to requesting final planning inspections. 3. Friedman Residence DRB130247 / 15 minutes Joe Final review of changes to approved plans (expand deck) 1150 Sandstone Drive A/Lot 15, Block A -7, Casolar Vail Applicant: Kenneth O. Friedman, represented by Pavan Krueger ACTION: Approved MOTION: Kjesbo SECOND: Maio VOTE: 5 -0 -0 4. Zekelman Residence DRB130112 / 20 minutes Warren Final review of new construction (primary /secondary residence) 463 Beaver Dam Road /Lot 5, Block 4, Vail Village Filing 3 8 /6 /2OMge 1 Applicant: Alan S. Zekelman Revocable Trust, represented by KH Webb Architects ACTION: Tabled to August 7, 2013 MOTION: Kjesbo SECOND: Maio VOTE: 5 -0 -0 5. Ford Park DRB130100 / 15 minutes Final review of changes to approved plans (new retaining walls, 530 South Frontage Road East /Unplatted Applicant: Town of Vail, represented by Todd Oppenheimer ACTION: Approved MOTION: Kjesbo SECOND: Maio 6. Town of Vail DRB130205 / 15 minutes Final review of a minor exterior alteration (landscaping) Covered Bridge area /Tract B, Vail Village Filing 1 Applicant: Town of Vail, represented by Todd Oppenheimer ACTION: Denied MOTION: Kjesbo SECOND: Maio STAFF APPROVALS Forest Int'I Residence DRB130057 Final review of changes to approved plans (guardrail) 45 Forest Road /Lot 33, Block 7, Vail Village Filing 1 Applicant: Forest International LLC, represented by VMD Architects For Real LLC Residence DRB130158 Final review of an addition (master bedroom, entry) 330 Beaver Dam Road Unit A /Lot 6, Block 3, Vail Village Filing 3 Applicant: For Real LLC, represented by K.H. Webb Architects changes to landscaping) VOTE: 5 -0 -0 VOTE: 5 -0 -0 Norris Residence DRB130178 Final review of changes to approved plans (trellis, fireplace) 486 Forest Road Unit B /Lot 1, Block 1, Vail Village Filing 6 Applicant: Charles Norris (486 Forest Road LLC), represented by Ron Byrne Jonathan Warren Warren Warren Joe Hubbard Residence DRB130187 Warren Final review of a residential addition (study, closet) 146 Forest Road /Lot 6, Block 7, Vail Village Filing 1 Applicant: Hubbard Family Investors, LLC, represented by Snowdon and Hopkins Architects Fallridge Condominiums DRB130210 Final review of a minor exterior alteration (window to door) 1650 Fallridge Road /Lot 1, Sunburst Filing 3 Applicant: Fallridge Condominium Association, represented by Marta Cadmus Lion Square Lodge East DRB130219 Final review of changes to approved plans (bedrooms) 660 Lionshead Place /Lot 1, Vail Lionshead Filing 1 Addition 1 Applicant: Lion Square Lodge East Association, represented by Melick and Associates Vail Custom Home Collection, LLC DRB130225 Final review of changes to approved plans (GRFA, windows) 625 Forest Road /Lot 2, Block 2, Vail Village Filing 6 Applicant: Vail Custom Home Collection, LLC, represented by Scott Turnipseed 8 /6 /20F%ge 2 Joe Warren Joe Dockstader /Isaacs Residence DRB130227 Joe Final review of changes to approved plans (repaint) 3987 Lupine Drive /Lot 8, Bighorn Subdivision Applicant: Rodgers Dockstader, represented by Snowdon and Hopkins Architects Potato Patch LLC DRB130228 Joe Final review of a minor exterior alteration (a /c condenser) 950 Red Sandstone Road Unit 2 /Potato Patch Club Condominiums Applicant: Potato Patch LLC, represented by R & H Mechanical Beringause Residence DRB130229 Final review of a minor exterior alteration (skylights, paint, stain) 1190 Casolar Del Norte Drive Unit B /Lot 6, Casolar Vail Applicant: Eric H. Beringause, represented by Nedbo Construction Paiko Trust Residence DRB130231 Final review of a minor exterior alteration (landscaping) 424 Forest Road /Lot 4, Block 1, Vail Village Filing 3 Applicant: Paiko Trust, represented by Transwest Construction Norris /Ying Duplex DRB130232 Final review of changes to approved plans (siding) 486 Forest Road #A/Lot 1, Block 1, Vail Village Filing 6 Applicant: Ying Living Trust, represented by Ron Byrne Wagner Residence DRB130233 Final review of a minor exterior alteration (window, window well) 5148 Gore Circle /Lot 5, Block 3, Bighorn Subdivision Addition 5 Applicant: Scott Wagner, represented by Ankerholz Inc. Snowlion Condominiums DRB130236 Final review of a minor exterior alteration (stairs, retaining wall) 1040 Vail View Drive /Lot 2 -B, Block B, Lion's Ridge Filing 1 Applicant: Snowlion Association, represented by Sean Reynolds Warren Joe Joe Joe Jonathan 1418 Vail Valley Drive LLC DRB130237 Joe Final review of a minor exterior alteration (decorative wall) 1418 Vail Valley Drive East Unit/Lot 19, Block 3, Vail Valley Filing 1 Applicant: 1418 Vail Valley Drive LLC, represented by Crossroads Realty Ryan Residence DRB120239 Joe Final review of a minor exterior alteration (deck extension, windows, doors) 775 Potato Patch, East Unit /Lot 19, Block 1, Vail Potato Patch Applicant: Scott Ryan, represented by Peter Cope Blunk Residence DRB130244 Final review of a minor exterior alteration (reroof) 4145 Spruce Way /Lot 8, Block 9, Bighorn Subdivision Addition 3 Applicant: Robert Blunk, represented by G & G Roofing Joe Hernandez / Rosas Residence DRB130245 Jonathan Final review of changes to approved plans (driveway, boulder walls, landscaping) 1416 Moraine Drive /Lot 8, Block 2, Dauphinais - Mosely Filing 1 Applicant: Job G. Hernandez and Ana P. Rosas, represented by Brian Gillette 8 /6 /2OMge 3 Friedman & Shearer Duplex DRB130248 Final review of changes to approved plans (garage and entry doors) 1150 Sandstone Drive A & B /Lot 15, Block A -7, Casolar Vail Applicant: Kenneth O. Friedman, represented by Pavan Krueger SWCPM LLC Residence DRB130249 Final review of a minor exterior alteration (vent cap) 356 Hanson Ranch Road Penthouse A/Lot D, Block 2, Vail Village Filing 1 Applicant: SWCPM LLC, represented by Bob Boymer Schrager Residence DRB130250 Final review of a minor exterior alteration (landscaping) 4249 Nugget Lane /Lot 8, Bighorn Estates Subdivision Applicant: Barry Schrager, represented by Ceres Plus Landscaping Rosenbach Residence DRB130251 Final review of a minor exterior alteration (landscaping) 107 Rockledge Road /Lot 7, Block 7, Vail Village Filing 1 Applicant: Gary and Susan Rosenbach, represented by Ceres Plus Landscaping Cuciula Residence DRB130253 Final review of a minor exterior alteration (enlarge first floor deck) 4512 Timberfalls Court Unit 1102 /Unplatted ( Timberfalls Condominiums) Applicant: Razvan V. and Liana Cuciula Indian Creek Townhomes DRB130254 Final review of a minor exterior alteration (landscaping) 1139 Sandstone Drive /Lot A1, Block A, Lion's Ridge Filing 1 Applicant: Barbara Erickson and Bruce Yankee, represented by Nedbo Construction Potato Patch Townhomes DRB130255 Final review of a minor exterior alteration (deck repairs) 770 Potato Patch Drive /Lot 6, Block 2, Vail Potato Patch Applicant: Vail Potato Patch Townhomes Association, represented by Crossroads Realty Jordan Residence DRB130259 Final review of a minor exterior alteration (repaint/restain) 483 Beaver Dam Road /Lot 1, Block 2, Vail Village Filing 6 Applicant: John W. Jordan II Revocable Trust, represented by Jody Lindvall VVMC DRB130257 Final review of a minor exterior alteration (rooftop condenser) 181 West Meadow Drive /Lot E, Vail Village Filing 2 Applicant: Vail Valley Medical Center, represented by Ryan Magill Burnett Residence DRB130260 Final review of a minor exterior alteration (repaint, restain, decking) 1987 Circle Drive Unit B /Lot 26, Buffehr Creek Applicant: Amy Burnett Trust, represented by Nedbo Construction Foote Residence OTC13 -0016 Final review of a minor exterior alteration (reroof) 4484 Streamside Circle /Lot 12, Bighorn Subdivision Addition 4 Applicant: Max Foote, represented by A.G. Roofing 8/6/2OMge 4 Joe Joe Joe Tom T. Jonathan Tom T. Jonathan David Jonathan Jonathan JRM Marx Residence OTC13 -0008 Final review of a minor exterior alteration (reroof) 2701 Davos Trail /Lot 15, Block B, Vail Ridge Applicant: Stuart Marx, represented by Colonial Roofing JRM Wagner Residence OTC13 -0009 Martin Final review of a minor exterior alteration (window replacements) 2875 Manns Ranch Road Unit B1 /Lot 1, Block 1, Vail Village Filing 13 Applicant: Wagner Equipment Company, represented by Reconstruction Experts Rychel Residence OTC13 -0010 Martin Final review of a minor exterior alteration (window replacement) 2875 Manns Ranch Road Unit F1 /Lot 1, Block 1, Vail Village Filing 13 Applicant: Susan Rychel, represented by Reconstruction Experts Bass residence OTC 13-0011 JRM Final review of a minor exterior alteration (reroof) 345 Mill Creek Circle /Lot 14, Block 1, Vail Village Filing 1 Applicant: 820 Management Trust, represented by Horizon Roofing STAFF DENIALS Klein Residence DRB130063 Joe Final review of an addition (bay window) 405 Forest Road /Lot 3 -A, Block 2, Vail Village Filing 3 Applicant: Klein Family 2012 Vail Trust, represented by K.H. Webb Architects 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. 8 /6 /20page 5 TOWN OF VAIL' PLANNING AND ENVIRONMENTAL COMMISSION July 22, 2013 at 1:OOpm TOWN COUNCIL CHAMBERS / PUBLIC WELCOME 75 S. Frontage Road - Vail, Colorado, 81657 MEMBERS PRESENT MEMBERS ABSENT Bill Pierce John Rediker Henry Pratt Luke Cartin Susan Bird Michael Kurz Pam Hopkins arrived at 1:10 pm Site Visit: 1. Ford Park — 530, 540 & 580 South Frontage Road East 60 minutes A request for a recommendation to the Vail Town Council on the adoption of the 2013 Gerald R. Ford Park Master Plan, an assemblage of the 1985 Ford Park Master Plan, the 1997 Ford Park Management Plan, and the 2012 Ford Park Management Plan Amendment, located at 530, 540, and 580 South Frontage Road East /Unplatted, and setting forth details in regard thereto. (PEC130012) Applicant: Town of Vail Planner: George Ruther ACTION: Tabled to August 12, 2013 MOTION: Pratt SECOND: Cartin VOTE: 5 -0 -0 George Ruther spoke to the work and discussion that has occurred since March with the Vail Town Council. He added that Council had recently directed staff to bring forward the application to adopt the Gerald R. Ford Park Master Plan which would be a combination of the multiple documents providing direction for the park. The goal is to eliminate the conflict between the various adopted plans and create clear goals for the park through the creation of a single plan. The intent is to update the plan, not to start fresh, while maintaining the existing uses and users of the park. The plan will include goals and objectives, text, and images to convey the desired outcomes within the park. Importance has been placed upon the role of Gore Creek within the Park. He concluded by clarifying the role of the Commission in this application. Commissioner Kurz inquired into the east entry of the amphitheater and the helipad. He asked when it was decided to keep the east entry open on the amphitheater, which he thought was a positive and a change from previous discussions to close the entry. He then asked for clarification on the role of the helipad in the park. George Ruther explained that he was unaware of the circumstances surrounding the east gate to the amphitheater and he that discussions were ongoing regarding the helipad. Tom Braun, Braun and Associates, representing the Town of Vail, gave a power point presentation discussing the recent history of the project. Commissioner Kurz inquired as to how transportation and parking will be addressed in the new document being proposed. Tom Braun responded that under the management section of the document would be a discussion of parking and transportation. He continued by covering the goals and action statements found in the documents and the process of removing those which are no longer applicable and clarify the goals to accurately reflect the desired outcomes. Commissioner Hopkins inquired as to whether there would goals and objectives created which would focus on winter verses summer use and demand. George Ruther stated that is was a good comment and one they would need to answer at a latter date. Tom Braun continued the presentation focusing on the concept of sub -areas within the plan. Commissioner Hopkins inquired as to the desired size and use of the alpine gardens structure. Tom Braun spoke to the desired size being between 3,000 and 4,000 square feet and is anticipated to be open year round. Jim Lamont, Vail Village Homeowners Association, spoke to the soccer fields and the covenants that were put in place with Northwoods. The covenants discuss the use of the site for cultural uses which he stated would fit the Betty Ford Alpine Garden structure and mission. He inquired as to the wisdom if taking the aquatic center out of the plan as it may be pertinent in the future. He added that transportation was key and consideration should be given to relocating some of the facilities in the park. He gave the tennis courts as an example as being relocated possible another park. The tennis community pointed out the courts are welled aged clay and would be difficult to replace. Dealing with Ford Park in isolation is a disservice to the Town's park system where some of these use may want to migrate to. He spoke to an effort to redevelop the Golden Peak neighborhood that may effect traffic circulation and may warrant a bridge from Vail Valley Drive back to the Frontage Road. Nicola Ripley, Betty Ford Alpine Gardens Director, stated that she had a presentation and would provide it when the time was appropriate. Commissioner Pierce inquired as to why the Vail Recreation District offices were on the site and why they were remaining. Additionally, a discussion of the appropriateness of the Betty Ford Alpine Gardens structure in the park should be in the plan. He felt the master plan should include a discussion of common architecture and landmarks. The plan needs to discuss the temporary use of the parking area for concerts which place temporary restrooms along the road. He mentioned the possibility of a skate park in Ford Park verses its temporary location. Commissioner Pratt spoke to the need to keep uses like skate parks and aquatic centers in the plan. He further added that there should be an examination of the possibility of creating a single building housing all the various lease holders, verse each lease holder building their own castle to protect the feudal lands they see as theirs. Nicola Ripley, gave a presentation which included a discussion of the staffing of the gardens. The presentation spoke to the challenges of operation today with an office in the Village and the gardens being quite a distance away. The presentation highlighted the anticipated building size, use, and function. Commissioner Hopkins responded that the idea was compelling. In the winter how is access anticipated. "�s a ► - . Nicola Ripley clarified that all of Betty Ford Way was plowed during the winter. Access would be more difficult, but she anticipated visitors as there are guests in the park year round. She spoke to several ideas of having snow shoe trails, etc. The Commission went to the site at approximately 2:00 pm. All members of the public were invited to attend. The meeting reconvene at 3:58 pm. Commissioner Hopkins departed during site visit. Commissioner Pierce recapped site visit. Ruther reiterated purpose of meeting and site visit as largely informational. He concluded by outlining the next steps. Commissioner Pratt reminded the Commission of the quality comments that occurred during the site walk. Ruther provided a synopsis of these comments which would be addressed in a future public hearing. 2. Approval of July 8, 2013 minutes MOTION: Kurz SECOND: Cartin VOTE: 5 -0 -0 3. Information Update Warren Campbell reported on the reinstallation of the storm water waddles on west South Frontage Road. 4. 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. Times and order of items are approximate, subject to change, and cannot be relied upon to determine at what time the Planning and Environmental Commission will consider an item. 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 19, 2013 in the Vail Daily. "�s a ► - rowH Of vn �ii> VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: Starting Hearts Presentation PRESENTER(S): Lynn Blake ACTION REQUESTED OF COUNCIL: Listen to the presentation and ask questions. BACKGROUND: Starting Hearts is a non - profit organization dediceted to saving the lives of Sudden Cardiac Arrest (SCA) victims through free Cardiopulmonary Resuscitation (CPR) and Automated External Defibrillator (AED) training and access program. ATTACHMENTS: Starting Hearts Presentation 8/6/2013 STARTING HEiVRTS - SAVES LIVES - 8/6/2013 - r ' 1 176 I U, s Bank Rame Zg t IP leads La •It[: "via$ 0 An 10r 4f ]LS - - - Mount Everest, Nepal. -291,035 feet HO �>- NS 33% OXYGE%T S Mount Denali, Alaska, 20,320 fast 48%OXYGEN La Rinconacla, Peru, 1.6,700 515%OXYGEN f>- HighiRsr woo6h5hgd human civilization on eartk (T-kT —Pen,'K, Colorado, 14,110 60 6 1 q,,b OXYGEN t Fuji, J c3pa n, '12,388 f em SIMOXYGEN %QlQrQdQ. 11,570 61 XYGE N r 1 Iri 1 000 i Ice :OAO �N 'f. 6-od lb C rim 4 Survive n IR, RECEIVE BYSTANDER CPR 70% NO YES NO td _30% YES RECEIVE BYSTANDER AED /-3% YES 97% NO YES NO N.- w U C M C own 100 90 8 0 60 so 40 30 0 10 0 Chances of Survival from Sudden Cardiac Arrest 1 2 3 4 5 6 7 8MW) utes to Defibrillation D M VQ M Z D ALL. Li ; I a HOCK. w r� r` 41, SCA PREVENTION EFFORTS 2013 2.5 Innuvalors Early 13 -5% 2020 EM rl y WlLjor i1y 34% La1lD Majorily I Laggards 3.4% 1 Tippi/ng Point Curve On-site CPR -AED programs 90 80 70 60 50 40 30 20 10 0 Survival from SCA due to VF Seattle INNOVATORS C U.S. airline • Las Vegas casinos ■Chicago airports C Melbourne cricket grounds ■Cardiac rehab centers yj Specific sites: Airline: 40% Las Vegas casino: 53% Chicago airport: 55% Cricket games: 71% Cardiac rehab: 90% San Ramon rf Ff Monaco p lip AIM lift No dim_ f l � 013 MMLJF Mu • T Lr r P9 4W L ir ° or MR k. el k r .y y 1 zfipa , ripA t• d ■- = 1 I 4 .9r ell• � - �. , f � . � A Ib MEN& I SF 4 • '� —� � -� •. � _ F � - :ik yam. `L e + '+4 , MO— v P�i r n ° + � d - :..i mom � 7-� ^ \� . s It "� n ,few �" � E ff-w� =z_ ,*V.MI 0 M m m m M M m w il M M a ff m 4 P ar I m of a M M H. 5Afy RASIA; ■ K -.r- -! N 13 � I es for b o ��-Sd� >` \ ���: . 40e 8/6/2013 TOWN OF VAIL 0 ployees F _ 7 1_ 1 I LLdii C S 1 I r � V •k. fi • n a , er F I r. �'_h F' AE --..e elb L NMI' C3 -ik 0 1? F' AE --..e elb Benefits • Improved "health &wellness" reputation • Elevated regional competitiveness • National /international recognition • Something to promote &build community • Prepared for 2015 World Championships • LIVES SAVEDH 8/6/2013 STARTING HEiVRTS - SAVES LIVES - 8/6/2013 U) S S•ia.l3 "k Um. 01 STARTING ff,� HEARTS About Sudden Cardiac Arrest Sudden Cardiac Arrest (SCA) occurs when a person's heart stops suddenly and unexpectedly. Blood flow to the brain and vital organs is abruptly halted and if not treated within minutes the condition is usually fatal. It is the leading cause of unexpected death in Colorado and around the world. The American Heart Association estimates 325,000 Americans will suffer this tragic, often fatal, occurrence annually. According to a recent study published in the New England Journal of Medicine, it is estimated only 8 percent of victims survive SCA. The most important determinant of survival from SCA is the presence of a trained rescuer willing to perform cardiopulmonary resuscitation (CPR) and if an automated external defibrillator (AED) is used within the first five minutes, chances for survival are dramatically increased. More notably, it is estimated that less than one -third of SCA victims will receive bystander CPR and less than 5 percent will have a defibrillator applied. About Starting Hearts Victims of Sudden Cardiac Arrest RECEIVE BYSTANDER CPR RECEIVE BYSTANDER AED 3% YES 30% YES 70% NO 97% NO Starting Hearts is a nonprofit established in 2010 by SCA survivor and Eagle County resident, Lynn Blake. On Valentine's Day in 2007, at the age of 27, Lynn Blake was in Vail Village when she collapsed due to sudden cardiac arrest. It was her good fortune that a bystander called for help and dialed 911, Sue Froeschle started CPR, and within minutes members of the Vail Fire Department and Eagle County Paramedic Services used an AED to deliver three shocks to her chest. Doctors explained that she defied the odds and was one of the fortunate few to actually survive sudden cardiac arrest. Now, her mission is to increase survival for others who are suddenly stricken — on a street, in a restaurant, on the slopes, in a living room — by providing education on recognizing the signs and symptoms of SCA and the administration of CPR, coupled with increasing the number and placement of AEDs in Eagle County. Mission: To save the lives of Sudden Cardiac Arrest victims Vision: Through the implementation of citizen response strategies, education on the signs and symptoms of SCA, and the administration of CPR and defibrillation, Eagle County, Colorado, will be the safest and most equipped place to experience SCA in the world. Global Vision: A world where every witnessed out -of- hospital cardiac arrest receives bystander response and AEDs are as available as fire extinguishers and hydrants. www.startinghearts.org PO Box 4318, Avon, CO 81620 1 lynn @startinghearts.org 1 970 - 331 -3983 The Statistics • The American Heart Association estimates that one or two in every 1,000 people will suffer a SCA each year. According to these calculations, more than 50 Eagle County residents and hundreds of visitors will experience a Sudden Cardiac Arrest this year and most will not survive. • In Eagle County, 22 percent of residents lack health insurance, a rate 29 percent higher than the state average. This equates to nearly one in five residents who do not see a physician due to high medical costs. Thus, a significant portion of the population lacks regular screening for and monitoring of chronic disease conditions. • The aging baby boomers who are recreational athletes who refuse to respond to or ignore symptoms of underlying cardiovascular disease; the average age of Sudden Cardiac Arrest victims is 60 years of age. As in all areas of the country, Eagle County is experiencing an aging residential population (the percentage of seniors over 65 is up 90 percent in the past decade). For older visitors, the change in altitude coupled with more vigorous physical activity can trigger SCA. • The athletes in training for extreme games, the Olympics and marathons pose yet another opportunity for Sudden Cardiac Arrest experiences. Training "at altitude" has become a popular way to prepare for competitions. Athletes attempting this training without consistent medical monitoring can be at increased risk for SCA. • Residents and visitors living lifestyles that promote excessive drug and alcohol habits are also at higher risk for SCA. Unfortunately, 26 percent of residents admit to drinking excessively compared to the state's average of 18 percent. Alcohol exacerbates underlying chronic health disease. • Currently, only about 30 percent of victims of out -of- hospital sudden cardiac arrest receive any type of CPR. Less than one -third of victims receive help because of a bystanders' lack of confidence and /or knowledge of the signs of SCA, CPR /AED use, and access to lifesaving AEDs. • Resuscitation is most successful if defibrillation is performed in the first five minutes after collapse. • The interval between the call to the Emergency Medical Services and arrival of EMS personnel at the victim's side is typically longer than five minutes (frequently a minimum of 7 -8 minutes and longer in rural locales). The ability to achieve high survival rates depends on public knowledge about SCA, being trained in CPR, and accessibility to AEDs. Research has shown that when bystanders have CPR training, they are much more likely to take action. VMS students participate in CALL. PUSH. SHOCK. Starting Hearts presents an AED to VFD rowH Of vn �ii> VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: International Dance Festival Honoring Town of Vail Reception: LaTour @11:45 am 8/6/2013 rowH Of vn �ii> VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: Pitkin Creek Bus Shelter and Water Wheel Restoration PRESENTER(S): John King ACTION REQUESTED OF COUNCIL: Discuss and provide direction on the restoration of both the Pitkin Creek Bus Shelter and water wheel. BACKGROUND: The Pitkin Creek Bus Shelter located along Pitkin Creek on Bighorn Road and the water wheel located just north of 1 -70 along Pitkin Creek are h need of restoration. Staff has researched their history dating back to the early nineteen hundreds and has put together cost estimates for their restoration. STAFF RECOMMENDATION: Staff recommends proceeding with the renovation of the bus shelter and would appreciate any comment and suggestions from the Council as to level of finishes and level of historical accuracy desired. Staff also recommends that the Council proceed with the restoration of the water wheel and provide direction of suitable locations for relocation of the water wheel and what level of protection is desirable. ATTACHMENTS: Council Memorandum 080213 8/6/2013 TOWN OF 0 VAIL � Memorandum To: From: Date: Subject Town Council Public Works 7 -31 -13 Pitkin Creek Bus Shelter (Kiahtipes Ranch House) and Water Wheel SUMMARY & PURPOSE This council work session includes the following items. • Discussion of the Pitkin Creek Bus Shelter historic restoration project. • Discussion of the water wheel, currently on Pitkin Creek north of 1 -70, restoration and relocation to a more public site. Staff would like to have the town Council provide input on direction regarding the two projects. BACKGROUND The History: The building currently being used as the Pitkin Creek Bus Shelter in East Vail was the summer ranch home for the immigrant Greek sheep ranching family the Kiahtipes. The Circle K brand painted on the top of the buildings chimney was the family's brand. A photo of the West elevation of the building is shown in the book," Vail, Story of a Colorado Mountain Valley" by June Simonton. In addition to the building, there is a water wheel located between Falline Road and Interstate 70 on Pitkin Creek. The water wheel provided electricity to the building. The ingenious design of the water wheel incorporates three vehicle transmissions which allowed the speed of the wheel to be regulated in order to produce a consistent voltage regardless of the water volume in the creek. One of the transmissions has the Chevrolet emblem cast into it and judging from the style of the transmission we estimate the water wheel to be from the late 1920s to early 1930s. The Project: The building was constructed using hand hewn log for the floor structure and walls. Many of the timber members have a significant amount of rotting. The original chimney is sinking and this sinking is causing damage to the balance of the structure. The 8/6/2013 chimney is pulling away from the structure and has some large cracks making it a potential safety hazard. The plan is to demolish the existing chimney and then have a structure mover lift the structure and move it off to the side. While the structure is removed, we will replace the rotten members in both the floor and the walls. During this time we will excavate for and place a proper foundation. The structure will be placed back on the new foundation and the chimney rebuilt out of concrete block with a stucco finish to mimic the existing. The new exposed foundation wall will be covered in thin stone to look as much as possible like a dry stacked field stone foundation. A new river rock fire place will be installed on the building interior to match the existing. The water wheel has deteriorated over the years and is now only partially intact. We have discussed with a Leadville restoration company removing the entire wheel and its components to their shop in Leadville and rebuilding the wheel to as close to the original condition as possible. However, the water wheel will not be restored to operational condition, as this level of work would be extremely cost prohibitive. The price received from the restoration company includes returning the wheel to a site in Vail and re- erecting it. The existing site is not a good prospect as it is difficult to access, is located within the interstate right of way, and does not have public parking readily available for the the public to reach the site without crossing private property. Funding; The cost of renovation of the bus shelter structure is approximately $100,000, and can be funded out of the facilities Capital Maintenance account. The cost of the water wheel restoration is approximately $13,500.00 for a basic remove, repair and replacement. Since the water wheel is not a true town facility and is more historical in nature, and most likely it will be moved to a public stream open space parcel, it may be more appropriate to use RETT funds to fund this portion of the project. What has not been determined is a location to place the refurbished water wheel and the cost to prepare a suitable site including appropriate protection of the water wheel. Once relocated, it likely will become an attraction, which should not be climbed or played on. III. NEXT STEPS The next steps for the Bus Shelter portion of the project are DRB review and approval. Application for a building permit will follow with an anticipated start date of September 1, 2013 with a 60 day construction schedule. The next step for the water wheel is direction from Council on the use of RETT funds for the funding of the project and recommendations as to an appropriate site to relocate the wheel to. Possible suggestions for relocation include the school house area at Ford Park or next to the Pitkin Creek Bus Shelter. In addition staff would like to understand what Council's desire is for protection and limited future public access is to the water wheel. The schedule for the water wheel is for removal from the existing site in fall of Town of Vail 8/6/2013 Page 2 2013, pending CDOT permitting and approval; then restoration throughout the winter with site preparation and relocation in the spring of 2014. IV. STAFF RECOMMENDATION Staff recommends proceeding with the renovation of the bus shelter and would appreciate any comment and suggestions from the Council as to level of finishes and level of historical accuracy desired. Staff also recommends that the Council proceed with the restoration of the water wheel and provide direction of suitable locations for relocation of the water wheel and what level of protection is desirable. V. ATTACHMENTS Photos Town of Vail 8/6/2013 Page 3 Town of Vail 8/6/2013 Page 4 F- ,0: 44, VA • F- ,0: Town of Vail 8/6/2013 Page 6 - 3 .per • �� _y��'i � 4 � �[�� _� -�- � - AN WN Ht Town of Vail 8/6/2013 Page 7 Town of Vail 8/6/2013 Page 8 n V> ca � R rn C FTI z rn W z 7U z FTI 0 z U' N � z 0 22 1 8/6/2013 rn u � Q z Fq W �� rn 'rn 4 C z iu x y Z S Z � D � � N O r n rowH Of vn �ii> VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: Update on the 2013 USA Pro Challenge and on the 2015 World Alpine Championships PRESENTER(S): Ceil Folz and Adam Lueck, Vail Valley Foundation ACTION REQUESTED OF COUNCIL: Listen to the presentation and ask questions. BACKGROUND: The USA Pro Challenge is bringing the Time Trial back to Vail on Friday, August 23, 2013. Details will be given on the event overview, media coverage, and Town of Vail benefits. The 2015 World Alpine Championships are coming to the Vail Valley in February 2015. Details will be given on the event overview, media coverage, and Town of Vail benefits. ATTACHMENTS: USAPCC PowerPoint 2015 World Championships PowerPoint 8/6/2013 USA Pro Challenge TOV Update 8/6/2013 I=FwI= August 19th — 25th 2013 TM USA Pro Challenge Vail Event Summary —Vail Time Trial on Friday, August 23rd —Time Trail Start approx rpm —Time Trail End approx 4pm Time Trail is arguably the best stage of the tour to have and will generate the most exposure relative to any other stage. 8/6/2013 USA Pro Cycling Challenge • Vail Event Local Organizing Committee — Spearheaded and lead by Vail Valley Foundation — Representation by TOV staff and community members throughout Executive and Committee levels — Committees focusing on: • Technical • Marketing/ PR • Lodging • Hospitality & Ancillary Events • Volunteers • Sponsorship 8/6/2013 USA Pro Cycling Challenge Vail Stage Details — 120+ International world class athletes — 20,000- 3o,000 estimated on -site spectators — 500+ credentialed media resulting in millions of world wide impressions — 400 official volunteers — 600 official tour staff — 600 tour staff hotel rooms 8/6/2013 USA Pro Cycling Challenge • Vail Stage Overview — Time Trial from Vail Village to Vail Pass (old Hwy 6 Cul -de- Sac) • Entire Stage is inclusive to Vail • The most spectator friendly stage (verses a stage start or finish) — Course Description • Start on Meadow Drive in front of Solaris • Right onto Willow Bridge Road • Left onto Gore Creek Drive • Left onto Vail Valley Drive • Right onto Frontage Road • Frontage Road to East Vail and up to Cul -de -Sac ZZ& 8/6/2013 AL USA Pro Cycling Challenge • Vail Stage Overview — Road Closures — Long Term • Meadow Drive from late Thursday zznd, to End of Day on Friday, 23rd • Willow Bridge Road & Gore Creek Drive (for deliveries) Friday, 23rd - Road Closures -Short Term (11:3oam-4Pm) • Vail Valley Drive (staffed vehicle crossings) • Frontage Road between Transportation Center and East Vail Exits (staffed vehicle one way traffic) • Big Horn Road (staffed vehicle one way traffic) 8/6/2013 USA Pro Cycling Challenge • Media Update — Tour TV Package • On NBC Sports Network for total tour package • Two hour live show broadcast from Vail on Versus • Two hour live webcast from Vail 8/6/2013 USA Pro Cycling Challenge • Vail Benefits and Rights — Promotional • 3osec commercial to air on Live Broadcast for Friday stage • Vail host city page on USAPCC website • Logo inclusion on all printed marketing materials • Name recognition on all radio spots — On -Site • Vail header sign on TT starthouse • PA announcements onsite • Big- Screen commercial 8/6/2013 USA Pro Cycling Challenge is Multi -Day Destination Event — Couple Vail stage with BC stage to create a compelling reason for spectators to visit Vail and BC and stay for more than just the day — Three night hotel stay packages — Animate around the event to create a lasting impression on spectators and the tour. 8/6/2013 USA Pro Cycling Challenge • Multi -Day Destination Event — Thursday Ancillary Events • Citizens Ride from 4 -Eagle to BC • Pro Art Challenge • Scavenger Hunt — Friday Ancillary Events • Time Trial Forerunners • Scavenger Hunt • Ice Cream Aprzs 8/6/2013 USA Pro Cycling Challenge TOV Update 8/6/2013 August 19th 0=0=711= — 25th 2013 TM ae Augu Statu st 6, 2013 1 s Update o.ww-VAIL TOWNM COUNC im. A 3 now __ VAIL- BEAVER CREEK AudO Trijth in Engirkeering In The Gate! F�6 11 c VIER C: FmK 1 2 %_W .1 R E %# • 546 Days until Opening Ceremonies • Race and select festival event schedule now finalized • Host Broadcaster and Television crew selected and contracted • 4 of the big 7 sponsors on board including Presenting Sponsor Audi • Volunteer recruitment launches August 13 • All venues confirmed by September 15, 2013 • Solaris Awards /venue & Golden Peak venue designs /plans underway • Festivals Committee to confirm plans this fall • Transportation Committee has established initial routes and vehicle /Bus needs • New women's course tested by US Ski Team • Have submitted request for Federal Government support • Security and Medical Committees have already had several table top exercises with all partners included • $50 million of $58 million budget has been secured to date 8/6/2013 Al ff .r 2015 Branding to begin this fall Z, px� Ar A? VOW jFi I re 2 V IKE IR FmK GR E f f =: Environmental Committee "Actively Green 2015" 15 activelygreen - Our branding initiative to build equity into the various environmental programs during the World Championships and into the future - :x:15 atteved�~ r r� � l"� i -*,L.I-'114E VWL�RLD ,KI LIIIAJOP�L-ALA41PS Celebration of Champions Vail Events This Past Spring '2 Years Out 7� Celebration 8/6/2013 Schaldming Debrief N �RE x VIER EFL e t 6 M n h o t s A �_ 'I" -, " I-% MJ 6 0 • Successful 2013 Test Events • Festivals Program Completed • Hospitality RFP Distributed and Receiving Bids �" t �" • ALL Lodging Agreements Contracted `4 ```_ IBC Plan Finalized • Beaver Creek, Solaris, Golden Peak Stadium �►,�� Designs Completed • Continue to Fundraise for Donors and Sponsorships • Secure Federal and State Government Support • Dedicate Championships Plaza ' • 1Y @ ,gr3Out Celebration and start of Countdown Clock Town of Vail Details Total Cas Contribution of $2.75 million of 58 million total event budget Will Host Nations Team Event, Men's Qualifying GS and Slalom, Awards Ceremonies, Opening Ceremonies, Legends Race, Charity Race, Festival evenings, Hospitality Houses and Screen Stadium World Wide TV Coverage shall showcase 2015 as the Vail & BC Champior Official Countdown Clock and 1 year out celebration Public Pick during this winter's Men's World Cup Approximately 65% of Team's lodging in Vail x�. z 40 y L TOVW11 OFD'+' r7l V�VAIL TOWN Wf w�4 .OF VW NAIL R I L 0 vA71� rowH Of vn �ii> VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: Update to the Town Council to include the updated cost estimates for the completion of the Ford Park Phase 1 Improvements; overview of the Phase 1 B projected estimates and a request to award the construction budget for Ford Park Phase 1 B and Sport Field Improvements. PRESENTER(S): Greg Hall ACTION REQUESTED OF COUNCIL: Move the 2014 2.7M forward to 2013 and supplement the Ford Park Budget by an additional $ 1,500,000 BACKGROUND: Please see attached Memo. STAFF RECOMMENDATION: Move the 2014 2.7M forward to 2013 and supplement the Ford Park Budget by an additional $ 1,500,000 ATTACHMENTS: Ford Park Town Council Update Memo 8/6/2013 TOWN OF 0 VAIL � Memorandum To: Vail Town Council From: Public Works Department Date: August 6, 2013 Subject: Ford Park Project Update +�11►Ti1►Ti /_1Zvi This update to the Town Council includes the updated cost estimates for completion of the Ford Park Phase 1 Improvements; overview of the Phase 1 B projected estimates and a request to award the Construction Contract for Ford Park Phase 1 B and Sport Field Improvements. The Ford Park Project budget was based on preliminary construction estimates of the three parts of the overall Ford Park project. The preliminary construction estimates were provided by a general contracting firm in April 2012. These estimates were based on design development drawings. Final construction drawings were not yet available. The preliminary estimated construction cost for the three components total $ 6,094,242. This estimate has been proven to be highly inaccurate and has caused each phase to be grossly under estimated compared to the competitive construction bids based on the final designed construction plans. Actual competitive bids on bid day for the three project components total $8,942,548. Budget Summary Ford Park Project Estimated Budgets Phase 1 $ 6,699,055 Phase 1b Sports Field $ 2,100,060 Phase 1 b Site Work $ 2,686,150 Total $ 11,485,265 Ford Park Project Dollars Allocated 2012 Expended Budget $ 2,653,267 2013 Budget includes Streamwalk $ 4,402,782 VVF Requests to be funded and partially reimbursed $ 218,588 2014 Ford Park Budget $ 2,700,000 $ 9,992,637 Budget Shortfall $ 1,492,628 8/6/2013 Staff is requesting the Ford Park Project budget be increased by $1,500,000 to make up the current shortfall. Concurrently, construction on the Phase 1 B Improvements is scheduled to begin on September 3, 2013. This date is important to the timely completion of the project and the reopening of the sport fields and parking areas. American Civil Constructors (ACC) has demonstrated they posses the qualifications to complete the required work and has submitted favorable pricing to the town through two competitive bidding processes. Staff is requesting the Town Council direct the Town manager to enter into a construction contract with American Civil Constructors in the amount of $4,205,210 The following sections explain in detail the differences between the estimated costs and the final pricing and demonstrate the elements which contributed to the requested budget increase. II. BACKGROUND In August 2012 a Town Council update was provided with the total cost estimate for the items included in the Development Plan at $8.4 M. This update included discussion of a $2.1 M budget shortfall in order to complete the final phase of the project in 2013 and 2014. The Development Plan Scope of work included the following items: • Phase 1 completed includes 0 East restroom /concessions building, west restroom and maintenance building, East Betty Ford Way reconstruction, water mains, sanitary sewer, storm sewer and site lighting, outfield retaining walls and electrical service upgrades. • Phase 1 B work includes: • Sport field reconstruction including synthetic turf infields, sod outfields, subdrain system, irrigation, fencing, concrete walks and landscape enhancements. • Parking lot and frontage road Improvements including removal of portions of the existing asphalt, storm sewer, curb and gutter, asphalt pavement, irrigation, and landscaping. Placeholders for bus stop shelter and trash building. III. FORD PARK PHASE 1 B IMPROVEMENTS The Ford Park Phase 1 B Improvements include the balance of work required to complete all currently contemplated improvements to the park. These include the following items: • Sport Field Reconstruction • Site Circulation Improvements • Bus Lane, Parking and Frontage Road Improvements • Storm Sewer and Water Quality Enhancements Town of Vail 8/6/2013 Page 2 • Special Event Electrical Upgrades • Site Lighting • Bus Shelter and Trash Storage Buildings • Landscape and Irrigation Enhancements The process of obtaining final pricing for the Ford Park Phase 1 B project scope was initiated in January 2013. Town staff, working with the Vail Recreation District, divided the Phase 1 B Improvements into two pricing and contractor procurement packages as follows: 1. Sport Field Reconstruction 2. Site and Civil Construction This was done to ensure the sport fields were designed and constructed by a firm specializing in sport field work and the town received the best competitive price available on the site and civil improvements. Phase 1 B Sports Field Reconstruction A Request for Qualifications was issued in January 2013. Multiple firms were selected to submit qualification statements for the design -build sport field reconstruction contract. 5 firms were selected to prepare design /build proposals for the reconstruction of the sport fields and were issued a Request for Proposal in February 2013. All 5 firms submitted proposals on March 1, 2013 which are listed below. 1. Fields Inc. $1,918,865 2. Landscapes Unlimited $2,005,314 3. American Civil Constructors $1,197,602 4. Turf Solutions Group $1,122,018 5. Green One Industries $1,651,842 Selection of the Design -Build firm was based on combination of price, availability, local experience, and approach. Based on the above criteria, American Civil Constructors, a Littleton, Colorado company, was selected as the sport field design -build contractor at a price of $1,197,602. The firm submitting a slightly lower price, Turf Solutions Group, Peoria, III, offered insufficient cold climate sport field experience and lacked any local, Colorado presence. Following discussion with American Civil Constructors, ACC, and the design consultants the bid package for the Phase 1 B site and civil improvements was prepared and further divided to eliminate potential conflicts between the sport field contractor and the site contractor. ACC was asked to price the site and civil work immediately adjacent to the sport field area which they provided at the same time, but separate from, the competitive bids for the remainder of the Phase 1 B site and civil work. The cost for the additional work priced by ACC is $752,458. The prices provided are consistent with the remainder of the Phase 1 B work. Town of Vail 8/6/2013 Page 3 Phase 1 B Site and Civil Construction Phase 1 B site Improvements including all other upper bench site improvements, parking lots, bus lanes, roadway entries, and include both a new trash /storage building and bus stop shelter. The Phase 1 B Site and Civil bid package was released to bidders on May 29, 2013. Bids were opened on July 2, 2013 with 3 bidders responding. The bids received were as follows: 1. American Civil Constructors $2,255,149.58 2. Oldcastle /B &B Excavating $2,461,845.00 3. RA Nelson Inc. $3,416,389.00 Detailed Phase 1 B Site and Civil Construction Cost Analysis The analysis of the difference between the Phase 1 B preliminary estimates and the construction bids looked at both scope changes as well as unit prices where appropriate. Where scope increased costs go up due to more work being performed. Where unit prices go up the cost of preforming the work goes up as well. When both scope and unit prices increase the cost of the construction increases exponentially. Below is a summary of the areas where construction costs increased. A more detailed analysis is attached as Exhibit A. • Demolition and Site Preparation $ 213,632 • Earthwork $ 265,136 • Road and Walkway Paving $ 11,514 • Storm Sewer and Water Quality $ 986,282 • Structures $ 171,514 • Retaining Walls $ 35,187 • Site Lighting $ 308,786 • Site Electrical $ 73,810 • Site Landscaping and Irrigation $ (140,044) • Owner Provided Items $ (153,000) Total $ 1,772,817 Phase 1 B Total Proiect Construction Costs American Civil Constructors has provided favorable pricing on all 3 portions of the Phase 1 B Improvements. The prices provided represent the actual costs for the Phase 1 B Improvements. Following is a summary of the prices provided. Sport Field Reconstruction $ 1,197,602 Sport Field Additional Work $ 752,458 Phase Site and Civil 1B bid $ 2,255,150 Total Price Phase 1 B $ 4,205,210 The difference between the preliminary estimated cost and the final total construction cost of the Phase 1 B Improvements is $1,913,641. This is a substantial variation in costs and deviation from the previous costs provided to the council in August 2012. As Town of Vail 8/6/2013 Page 4 previously stated the preliminary cost estimates were based on design development level drawings. The design development drawings provided the best information available at the time but were not construction level documents. The progression of the level of design and the detail added during the design process resulted in an increase in the scope of work and the bidding and pricing of that work resulted in an increase to the cost per unit of work. It is apparent the original estimates were grossly inaccurate. They did not take into account the phasing and winter construction conditions that are required with the Ford Park project. This is well reflected in the unit prices. It should also be noted the contractor for the Phase1 improvements after experiencing the winter conditions of that phase was $1.0 M higher than the other Phase 1 B bidders. This is a reflection of the difficult conditions and impacts of working through the winter with tight timelines have on the final bid prices. IV. FORD PARK PHASE 1B BUDGET SHORTFALL Phase 1 Project Budget 8/6/2013 Actual Construction Costs $ 5,962,529 Owner provided items $ 103,514 Owner contingency $ 50,000 Professional Fees $ 583,012 Total Phase 1 $ 6,699,055 Phase 1B Sports Field Budget 8/6/2013 Estimate Construction Costs $ 1,950,060 Owner provided items $ 0 Owner contingency $ 150,000 Total Phase 1B Sports Field $ 2,100,060 Phase 1 B Site and Civil Budget 8/6/2013 Estimate Construction Costs $ 2,255,150 Owner Provided items $ 80,000 Owner contingency $ 150,000 Design Costs $ 201,000 Total Phase $ 2,686,150 Town of Vail 8/6/2013 Page 5 Budget Summary Ford Park Project Estimated Budgets Phase 1 $ 6,699,055 Phase 1B Sports Field $ 2,100,060 Phase 1B Site and Civil Work $ 2,686,150 Total $ 11,485,265 Ford Park Project Dollars Allocated 2012 Expended Budget $ 2,653,267 2013 Budget includes Streamwalk $ 4,402,782 VVF Requests to be funded and partially reimbursed $ 218,588 2014 Ford Park Budget $ 2,700,000 $ 9,992,637 Budget Shortfall $ 1,492,628 Proiect Alternative Considerations Add Alternates: Bids submitted included the add alternate cost for installing the equipment required to be able to dim and /or shut off one or more of the light fixtures throughout the park. Currently the LED light fixtures are operating at 100% illumination level. The add alternate price was requested to allow the fixtures to operated at lower level on a normal evening or increased to 100% when park users are leaving an event. Light level to be lowered even further during times when few or no people are in the park. The cost of lighting control is $23,790. Town Council may direct staff to accept the proposed Add Alternate price and increase the budget allocation by the same amount. Value Engineering discussion: Following is an outline of items that could be reduced or eliminated to reduce the overall cost of the Phase 1 B Site and Civil Improvements. 1. Site Electrical $137,000 Impact — event promoters continue to use diesel generators to provide electrical power for concerts and events resulting in continuation of noise, fuel spills and exhaust emissions. 2. Parking Lot Lights $148,000 Impact — parking lot continues to be dark following evening performances and for winter parking. 3. Parking Lot Overlay $31,000 Impact — parking lot will have seams between remaining pavement and new pavement and will not have a fresh appearance following completion of the project. 4. Bus Shelter Replacement $80,000 Impact — reuse and relocate existing bus shelter, new bus shelter location is immediately adjacent to new East Restroom /Concessions Building. Size is insufficient and architecture is not compatible. Phasina Considerations: Town of Vail 8/6/2013 Page 6 It is conceivable that the Phase 1 B Sport Field reconstruction and additional site work could be accomplished separately from the Parking Lot and Frontage Road site civil work. Dividing the project accordingly would result in 2 phases similar in cost. Sport Field Reconstruction $1,197,602 Sport Field Additional Work $ 752,458 Subtotal Sport Field $1,950,060 At a minimum Earthwork Add $ 125,000 Contingency 10% $ 284,752 Total Sport Field Phase $3,132,270 Subtotal Site /Civil Work $2,255,150 At a minimum Earthwork add $ 125,000 Contingency 10% $ 238,015 Total Price Phase 1 B $2,618,165 The impacts and benefits differ depending on which phase would be selected to be constructed first. Currently, the VRD and tournament promoters are anticipating not having use of the Ford Park fields for the 2014 season and have made alternate field arrangements. If the Sports Fields were postponed, tournament play could still be adversely affected by the total lack of on -site parking for the venue while the bus lane, parking and Frontage Road improvements are being completed. If the bus lane, parking and Frontage Road improvements were postponed, the realignment of the fields would permanently displace 30 parking spaces from the west parking lot with no location to regain those spaces. Either scenario reduces the overall amount of construction occurring each season but adds an additional season of disruption to the schedule. Either scenario would also add a minimum of approximately $125,000 to the cost of each phase as structural fill from the fields would not be available for the parking and bus lane construction and would then have to be trucked off from the fields. There would be substantial additional costs of currently shared contractor project overhead and supervision which would add dollars to the second phase. Further delaying additional work out would increase the cost due to escalation costs from 2013 costs to costs in 2014 and 2015. Staff is not recommending to phase the Phase 1 B project. Funding Allocate $ 1,500,000 from the RETT fund balance of $ 9,383,969. There is a combination of $1, 000,000 budgeted in 2013 and 2014 for Ford Park Portal Improvements in which some portion could be used to make up some of the shortfall. V. CONTRACT AWARD Town of Vail 8/6/2013 Page 7 American Civil Constructors has provided favorable pricing on all 3 portions of the Phase 1 B Improvements. Following is a summary of the bids provided: Sport Field Reconstruction $1,177,602 Sport Field Additional Work $ 772,458 Phase 1 B bid $2,255,149 Total Price Phase 1 B $4,205,209 VI. ACTION REQUESTED BY COUNCIL • Reallocate the 2014 Ford Park Budget of 2.7M forward to 2013 • Supplement the Ford Park Budget by an additional $ 1,500,000 out of the RETT fund balance or some combination of reallocated Ford Park Portal Improvements and RETT fund balance. • Direct the Town Manager to enter into a contract with American Civil Constructors in the amount of $4,255,209. Attachments Exhibit A: Phase 1 B Site and Civil Construction Cost Analysis Town of Vail 8/6/2013 Page 8 Exhibit A Phase 1 B Site And Civil Construction Cost Analysis The following section is a categorized outline of the scope and cost increases realized between the preliminary cost estimates and the final pricing received. This in not an item to item, dollar to dollar reconciliation of cost increases. There is too much dissimilarity in estimate and pricing formats to make that exercise meaningful. Instead this outline is a magnitude -of -scale illustration of the level of scope increase and cost per unit of work increase experienced. It is divided into 9 categories of work that can be identified and isolated between the 2 estimates. Scope variances are the increases in the quantity or volume of work required. Cost variances are the increases in the cost per unit of work. For example, the number of tons of asphalt required increased from 716 tons in the preliminary estimate to 1059 tons in the final pricing while the cost per ton for asphalt increased from $100 per ton to $145 per ton. Scope and cost increases of less than 100 percent are identified as a percent increase. Scope and cost increases in excess of 100 percent are identified as a multiplication factor. The first 2 categories, Demo and Site Prep, Earthwork, and Road and Walkway Pavement are very interrelated and are derived for the overall size of the area under construction. Category 1: Demolition and site Preparation $213,632 Description: Removal and disposal of existing surfaces and improvements. Also includes mobilization and general contractor fees. Scope variance: 4.0 X increase due to the addition of concrete sidewalks, utilities, and site improvements removed. Cost variance: 5.6 X increase Category 2: Earthwork $265,136 Description: Moving soil material on site, import of structural fill and export of unsuitable material. Scope variance: 9.0 X increase due in a large part of the regarding of the sport fields which was not anticipated in the preliminary estimates as well as an substantial bid form quantity for the export of unsuitable material (high change order number in Phase 1). Cost variance: 9.0 X increase in cost per square foot of earthwork Category 3: Road and Walkway Paving $11,514 Description: Installation of Asphalt and concrete paving, base material, concrete curb and gutter, and parking lot asphalt overlay.. Scope variance: Asphalt 50% increase Concrete 4.2 X increase Conc. Curb & Gutter 2.5 X increase Cost variance: Asphalt 45% increase Concrete 20% increase Category 4: Storm Sewer $986,282 Description: Devices to collect and convey storm water run off from the site and provide treatment prior to release to Gore Creek. Town of Vail 8/6/2013 Page 9 Scope variance: 3.0 X increase in storm sewer pipe plus the addition of 2 water quality vaults. Cost variance: 27% increase in cost of pipe. No preliminary cost on water quality. Category 5: Structures $171,467 Description: New bus stop shelter and trash storage building. Scope variance: No direct increase in the 2 buildings. No design for preliminary estimate — low allowance carried forward for conceptual estimates. Cost variance: 3.5 X allowance Category 6: Retaining Walls $35,187 Description: Various types of retaining walls required to accommodate changes in elevation between park elements. Scope variance: 3.0 X due in the larger part to matching the grade of the bus lane and west parking lot to the Frontage Road to allow for access. Cost variance: 45% increase in total cost due to designing with more boulder walls and fewer cast -in -place concrete walls. Category 7: Site Lighting $308,786 Description: Installation of new pedestrian and parking lot light fixtures throughout constructed area. Scope variance: 83% increase in the number of fixtures. Cost variance: 2.5 X increase in the cost per fixture. Preliminary estimates based on average per fixture costs from the Streetscape projects. Category 8: Site Electrical $73,810 Description: Improvements to the electrical system (majority) to provide permanent power points for concerts and special events in the parking lot and on the sport fields. Scope variance: None. Scope did not change. Cost variance: 50% increase Category 9: Landscaping and Irrigation $(140,044) Description: Sport Field reconstruction, fencing and various landscape treatments and irrigation enhancements throughout the constructed area. Scope variance: 2.6 X increase in area Cost variance: 5% increase in cost per square foot. Town of Vail 8/6/2013 Page 10 rowH Of vn �ii> VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: Presentation by Kristen Bertuglia, Kim Langmaid (President and CEO of the Eagle Valley Alliance for Sustainability), and Jane Ross (Sonnenalp Resort) on the "Actively Green by 2015" Sustainable Business Program. PRESENTER(S): Kristen Bertuglia, Kim Langmaid, Jane Ross ACTION REQUESTED OF COUNCIL: Staff requests that the Vail Town Council listen to the presentation and ask questions. BACKGROUND: The 2015 FIS Alpine World Ski Championships Environment Committee has adopted the following policy statement in preparation for the Championships, with the goal of making our community more sustainable into the future. We are committed to: - Reduce carbon emissions -Use quality local & US made materials & partner wth eco- friendly concessioners - Reduce waste, recycle and compost - Promote water conservation - Protect air quality through efficient transportatbn & the Idlewise program - Educate about the importance of natural resourcesand the value of public lands In order to support this policy statement, the Town of Vail, the Vail Valley Foundation, the Environment Committee and the Eagle Valley Alliance for Sustainability are partnering to offer sustainable business training through Sustainable Tourism International, a world- renowned green business certification program. More information may be found at www.sustainabletravel.org STAFF RECOMMENDATION: Staff recommends that the Vail Town Council and community encourage business participation in the two -day training program, and support the key goals of the program: scale the industry- leadirg sustainability work of many Vail Valley businesses and begin to manage sustainability efforts at the destination level, and establish Vail Valley as a global leader in sustainable destinations. ATTACHMENTS: Actively Green By 2015 8/6/2013 N O W 2015 Sustainable Destination Program % 2 15 actzvelygreen 2015 FIS Alpine World Ski Championships Environment Committee Policy Statement We are committed to: - Reduce carbon emissions - Use quality local & US made materials & partner with eco- friendly concessioners - Reduce waste, recycle and compost N - Promote water conservation 0 W - Protect air quality through efficient transportation & idlewise program - Educate about the importance of natural resources and the value of public lands .• �• activelygreen We envision the 2015 FIS World Ski Championships as a catalyst of innovation and collaboration that enhances and celebrates W our mountain environment for generations to come. .• •• activelygreen Goals of Sustainable Destinations Program: Build off the foundational work of Destination Preservation and other community initiatives Leverage the 2015 World Alpine Ski Championships as the catalyst for long -term Vail Valley sustainability leadership Scale the industry- leading sustainability work of many Vail Valley businesses and begin to manage sustainability efforts at the destination level Establish Vail Valley as a global leader in sustainable destinations _Gaft' * 2 15 actxvelygreen About the Partnership 0 TOWN OF VAIL k SUSTAINABLE TRAVEL INTERNATIONAL TM Leave the world a better place Eagle Valley Alliance for Sustainability % �. 2� i activelygreen Approach to the Partnership Eagle Valley �� SUSTAINABLE TRAVEL TOWN Alliance INTERNATIONAL" TO �A� 4M N U /� f YQ I L � for Sustainability Leave the world o better place' Leverage the strengths of each organization to achieve collective goals Establish baseline metrics and tools needed to accomplish project objectives Implement solutions based on global expertise, which are also cognizant of regional needs Make the term "sustainability" actionable 90 N O W The Solution Training and Sustainability Action Capacity Management Marketing and Planning Building System Communications % 2 001% activelygreeri The Solution N O W Review and agree to destination priorities Development of action plan through 2015 mapped to priorities Ownership of targets by various stakeholders •off 2001%15 activelygreen The Solution Hands -on workshops for regional businesses designed to N W help destination reach goals Higher -level training for local assessors and consultants Numerous businesses prepared for sustainability eco- certification 2 �• •, i iI 001% activelygreen qo- N O W The Solution Online management system to help the destination scale and manage sustainability across key indicators Built -in reporting tools and data analysis Increase in local expertise and capacity •off ibi 2001%15 activelygreen qo- N O W The Solution Utilize sustainability achievements to craft compelling and verifiable marketing campaigns Integrate sustainability into destination marketing messages and activities Visitors to Alpine Ski Championships learn about and participate in Sustainable Destination efforts •off ibi 2001%15 activelygreen N O W TDWN OF VA[1' Timeline Eagle Valley Alliance for Sustainability SUSTAINABLE TRAVEL * INTERNATIONAL " Leave the world a better place T Action Planning Industry Training Sustainability Assessor & Consultant Training STEP Certification Marketing/ Q3 X X X X X Q4 OF Q1 X X X X X X X X X X Q2 I Q3 FAI e X X X X X X N O W Sonnenalp Hotel Case Study Sustainable Travel International STEP Program Energy &Water Usage &Cost Decreases Employee Morale Boost Guest Relations 2 •off i b:11V /ol% 15 activelygreeri Strategic Outcomes ✓ Fulfill and exceed public sustainability commitments ✓ Develop on -going programs that 90 support long -term sustainability N ✓ Support local businesses with tools that accelerate their sustainability journey ✓ Enhance the competitive advantage focused on tangible sustainability achievements ✓ Educate the community and visitors with verifiable achievements .• • • 2 i i 001% activelygreen qo- N O W Questions? Next Steps - Funding - Timing - Marketing Incentives 2 •off i b:11P /ol% 15 activelygreeri rowH Of vn �ii> VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: Proposed revenue projections for 2014. PRESENTER(S): Kathleen Halloran ACTION REQUESTED OF COUNCIL: Discuss the projected major revenue items for the 2014 budget and provide direction to staff. BACKGROUND: The annual budget cycle starts with the discussion of major revenues. Future revenues are calculated based on current year to date, five -year averages and analysis of external economic influences. STAFF RECOMMENDATION: Discuss and provide recommendations to the 2014 revenue projections. ATTACHMENTS: Major Rev 8/6/2013 0 rowN of vain Memorandum TO: Vail Town Council FROM: Finance Department DATE: August 1, 2013 SUBJECT: 2014 Major Revenue Items I. SUMMARY Revenue projections for 2014 are included for Council's review (page 4) which will set the stage for this year's budget process. II. DISCUSSION The town's major revenue sources have been projected conservatively, in accordance with budget guidelines, based on historical trends and any additional information known at this time. The chart below depicts anticipated revenue for 2014: 2014 Net Revenue Projection: $55.4M Charges for Services Rent, Fines & 3% Miscellaneous 6% Transportation Centers 7% Intergovernrr RevenuE 5% Licenses and Permits 4% Real Es i i° Franchise Fees 9% Transfer from VRA 8% Earnings on I Investments 1% Jse Tax 2% 8/6/2013 Property and Ownership Tax 8% Sales Tax 40% The following assumptions were used in developing the revenue projections included in the Major Revenue Analysis on page 4: Sales Tax Total sales tax revenue for 2014 is projected at $22.0 million, a 9.7% increase from 2012 collections and 5.2% higher than 2013 amended budget of $20.9 million. As of June, 2013 sales tax receipts are up 8.8% ($1.0 million) from 2012. The 2014 proposed budget is based on both the five -year average increase in tax collections (5.5 %) as well as acknowledging impacts of summer events, summer marketing, and increased lodging revenue during winter. Sales tax collections represent 40% of the town's annual revenues. Real Estate Transfer Tax (RETT) Real estate transfer tax revenues of $3.9 million are projected at a less than 1 % increase from the 2013 amended budget, and 28.5% less than 2012 actual. Historical trends for RETT are complex due to sales within the last seven years of major redevelopment projects such as the Four Seasons, Lion Square Lodge North, Manor Vail, Ritz Carlton Residences, and Solaris to name a few. Even as recent as 2012, sales from major projects comprised 23% of total RETT collections, but trending at only 9% so far in 2013. In addition, "base" sales (sales not related to redevelopment) are also down 19% from prior year. Projections for 2014 are conservative in that we are assuming the trend to remain where it is at today. RETT contributes 7% of the town's total revenue. Property Tax 2014 property tax revenue is estimated at a 9.8% increase from 2013 amended budget, due to a re- assessment of property values. The projection is based on preliminary estimates from the County Assessor's office. Total property and ownership tax revenue of $4.6 million contributes 8% of the town's total revenue. Parking Total parking revenue of $3.8 million is flat with the 2013 budget and a 1.1 % increase from 2012. Currently no increase in pricing of either parking passes or daily rates is assumed, however these revenue projections may change based on any policy adjustments recommended by Council. Ski Lift Tax Lift tax collections of $3.8 million are projected flat with 2013 amended budget, and up 11.1 % from 2012. The 2013 budget was recently increased to reflect year to date collections which are up 17.2% from 2012 (ski season was up 13.0% from the prior ski season). While this past ski season had a slow start, the spring activity and marketing of the EPIC passes boosted sales and lift usage. Looking forward, we will continue to watch for impact of the new summer activities on Vail Mountain which may provide a modest increase in lift tax collections. Construction Use Tax Construction Use Tax projection of $1.4 million for 2014 is a 40% increase from 2013 budget and up 14.6% from 2012. While 2013 is trending down 18% from prior year, the 2014 budget assumes that the Marriott Residence project will occur that year. Construction Permit Fees A total of $1.5 million is projected for 2014, an increase of 26.6% from 2013 budget and a 12.4% increase from 2012. This estimate is based on a four -year average of annual collections but also includes the Marriott Residence project. Town of Vail 8/6/2013 Page 2 Transfer from VRA The town will continue to receive reimbursement for expenditures directly relating to the Lionshead parking structure entryway and parking sales systems, frontage road improvements and capital maintenance of the Lionshead parking structure. In 2014, the town expects to be reimbursed a total of $4,640,000. Summary Our current proposal shows a total of $55.4 million in 2014 revenue, a 2.8% increase compared to $53.9 million budgeted for 2013. Increases in estimated sales tax and property tax collections are somewhat offset by various "other revenues ". All revenue items will be reviewed in more detail as we proceed through the budget process and will be adjusted as needed. Town of Vail 8/6/2013 Page 3 Major Revenue Analysis 2013 Budget 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Actual Actual Actual Actual Actual Actual Actual Actual Amended Proposed Comments % vs. 2012 Act % vs. 2013 Amd General Sales Tax 16,791,157 17,986,796 18,913,138 19,631,366 16,913,338 17,676,115 19,581,414 20,046,455 20,922,000 22,000,000 2014 proposed at 5% increase from 2013 projections 7.8% 7.1% 5.2% 3.8% -13.8% 4.5% 10.8% 2.4% 4.4% 5.2% RETT Tax 61206,054 61239,744 61536,118 91091,917 2,513,481 61950,701 41403,706 51452,937 3,871,000 3,900,000 Nearly flat with amended 2013 based on current year to date collections 28.0% 0.5% 4.7% 39.1% -72.49% 176.5% -36.6% 23.8% -29.0% 0.7% Parking Revenue 3,651,537 4,007,334 4,514,392 4,705,985 4,975,795 5,037,042 4,023,940 3,453,836 3,839,000 3,839,680 Flat with 2013 amended and a 11 % increase from 2012 actuals 11.1% 9.7% 12.7% 4.2% 5.79/o 1.29% - 20.1% -14.29% 112% 0.00% 2012 had a slow winter start; 2013 spring season was strop Property & Ownership Tax 2,627,877 2,931,347 31012,030 41309,622 41506,491 4,951,386 5,031,770 41157,279 4,217,000 4,630,000 Per County Assessor estimate with some allowance for potential abatements 0.2% 11.5% 2.8% 43.1% 4.6% 9.9% 1.6% -17.4% 1.4% 9.8% Lift Tax Revenue 2,777,698 2,975,097 3,039,619 3,277,703 3,048,011 3,357,717 3,529,125 3,433,686 3,782,000 3,782,000 Flat with 2013 amended budget (recently increased) 11.3% 7.1% 2.2% 7.8% -7.09% 10.2% 5.1% -2.79% 10.11/6 0.0% Construction Fees 2,466,054 3,481,989 4,992,752 3,799,444 1,341,731 1,272,606 985,377 1,333,681 1,184,660 1,499,353 Based on average annual collections over the last 4 years; Plus assumption that Marriott Residence 53.3% 41.2% 43.4% -23.9% -64.7% -5.29% -22.69% 35.30/6 -11.20/6 26.6% moves forward in 2014 a5 Construtwn Use Tax - - - 608,483 713,582 1,103,119 721,002 1,221,734 1,000,000 1,400,000 Increase mainly due to assumption that Marriott Residence moves forward in 2014 CD N/A 17.39/6 54.69/6 -34.6% 69.4% - 18.11/6 40.0% W Other Taxes 1,251,928 1,367,139 1,399,739 1,644,975 1,545,535 1,711,350 1,806,708 1,672,112 1,664,614 1,746,977 County sales tax (based on TOV sales tax), Road & Bridge, Hwy users revenue, etc. -0.2% 9.2% 2.4% 17.5% -6.0% 10.7% 5.60% -7.40/6 -0.4% 4.90/6 Federal / County Grants 19,500 11739,052 59,542 - 203,765 3,785,144 1,596,040 916,067 39,060 240,000 2014 Federal grant for bridges at Nugget Lane and Bridge Road ($1 M over 2014 - 2016) -98.6% 8818.2% -96.6% N/A 1757.6% -57.8% 42.6% -95.7% 514.4% Earnings on Investments 1,112,872 21133,315 21624,092 1,841,335 460,234 330,216 539,541 492,015 298,796 261,625 2014 based on .7% return on available fund balance based on current trend 149.3% 91.7% 23.0% -29.8% -75.0% -28.3% 63.4% -8.8% -39.3% -12.4% Rental Income 780,214 827,280 897,958 949,961 912,090 862,151 895,872 832,134 850,605 869,530 Employee housing rentals kept flat; Slight increase in Donovan Pavilion rental -3.0% 6.0% 8.5% 5.8% -4.09/6 -5.5% 3.90/6 -7.19/6 2.2% 2.2% E911 and Interagency Dispatch 11165,164 1,337,583 1,528,608 1,657,622 1,904,572 1,908,591 1,958,581 1,915,218 1,928,941 1,986,809 Funding by E911 Authority Board and participating agencies; Slight increase due to 7.1% 14.8% 14.31/6 8.40/6 14.91/6 0.20/6 2.60/6 -2.29/6 0.70/6 3.0% call volume 2010 & 2011 for LionsHead Transit and Welcome Centers Vail Reinvestment Authority Trai - - - - - 1,070,365 7,125,196 5,354,864 4,890,710 4,640,000 2012 for LionsHead Portal projects, Energy enhancements, Library remodel and Guest Services N/A 565.7% -24.8% -8.7% -5.1% 2013 for continuation of Guest Service Enhancements, LH parking entry, etc. 2014 for LH Parking structure entry and parking equipment; Fig Rd improvements from LH to Muni All Other Revenue 10,091,661 5,137,281 7,327,228 61500,285 4,885,916 7,957,308 61463,634 61382,868 5,400,857 4,588,989 In general, this item includes franchise fees, fines and forfeitures, employee portion of healthcare 17.2% -49.1% 42.6% -11.3% -24.8% 62.9% -18.8% -1.2% -15.4% -15.0% premiums, insurance proceeds froms stop -loss coverage, license revenue, administration fees collected from VLMD and RETT and other charges for service such as out of district fire response Total Revenue 48,941,716 1 50,163,958 54,845,217 58,018,698 43,924,542 57,973,811 58,661,907 56,664,887 53,889,243 55,384,963 and Police contracted services. In addition, 2013 incl. repayment of VRD share of Ford Park compared to Prior Year 11.1% 2.5% 9.3% 5.8% -24.3% 32.0% 1.2% -3.4% -4.9% 2.8% Field project 1.165M ; 2014 Incl. loan installment from Timber Ride $474K TOWN Of vn' 1[1 VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: Information Updates and Attachments: 1) VEAC July 9 Meeting Minutes; 2) May 2013 Business Review; 3) June 2013 Sales Tax; 4) Revenue Highlights 5) Economic Indicator Spreadsheet Ski Season 2012/13; 6) Vehicle Sign Update; 7) Stephens Park Update - Over the past couple of }ears, staff has received increased comments, concerns and complaints from town crews (irrigation, landscapers and flower) who work in all the town's parks, including Stephens Park. As Council is aware, several years ago direction was given to create dog leash -free envirmments for both Stephens Park in Intermountain, as well as Bighorn Park in East Vail. Stephens Park, likely due to its location next to the 1 -70 exit, is regularly used by non- reaients of that immediate neighborhood and the increasing lack of pet supervision and clean up is creating a most undesirable and difficult work environment, in addition to the conditions other park users are experiencing. This park is singular in the lack of policing the clean up and disposal of pet waste. Staff is requesting direction to provide a 30 day notice to park users that if cleanliness and care is not ramped up exponentially, Council may reconsider the dog leash free designation. ATTACHMENTS: VEAC 070913 minutes May 2013 Business Reveiw June 2013 Sales Tax Revenue Highlights Vail Economic Indicators July 2013 Update Vehicle Sign Memorandum 8/6/2013 Vail Economic Advisory Council (VEAL) July 9, 2013 MEETING NOTES • VEAC Members Present: Rayla Kundolf; Rob LeVine; Matt Ivy; Kristin Williams (for Chris Jarnot); Michael Kurz; Mia Vlaar; Brian Nolan; Robin Litt; Paul Wible; Chris Romer; Kim Newbury; Mike Ortiz • Others Present: Ralph Garrison, Jim Lamont; Katie Barnes; Alison Wadey; Lynn Blake; Kathy Tobin; Scott Miller; Derek Schmidt • TOV Staff Present: Town Manager Stan Zemler; Finance Director Judy Camp; Economic Development Manager Kelli McDonald; Acting Town Clerk Tammy Nagel; Fire Marshall Mike McGee • Kelli McDonald introduced the new committee members: Matt Ivy, General Manager of Vail Racquet Club Townhomes and Condominiums; and Robin Litt, with the Vail Jazz Foundation. McDonald thanked former members Pam Stenmark and Steve Kaufman for their many years as committee members. McDonald also introduced Alison Wadey, the new executive director of the Vail Chamber and Business Association. • Starting Hearts Presentation: Starting Hearts is a nonprofit organization dedicated to saving the lives of Sudden Cardiac Arrest victims (SCA) through free Cardiopulmonary Resuscitation (CPR) and Automated External Defibrillator (AED) training and access program. Founder, Lynn Blake is a survivor of SCA and a resident of the Vail Valley, who attributes her saved life to early CPR and defibrillation. Blake travels around the Vail Valley teaching people how to save lives and recognize SCA and to immediately CALL. PUSH. SHOCK. Blake asked the committee members to partner with Starting Hearts to host a CALL. PUSH. SHOCK. training for their employees; to identify and install AED access points throughout the Town of Vail; to encourage participation in the Neighbor Saver app; to promote AED locations through maps and signage and recognize HeartSafe businesses. Blake introduced board members, Kathy Tobin and Mike McGee. Tobin asked committee members to purchase AED for their businesses. Tobin would encourage the lodging committee members to provide AED's on every floor in their hotels, reminding committee members a person's chance of survival decreases by 10% for every minute that passes without CPR or defibrillation. McGee, Town of Vail Fire Marshall, stated he provides free demonstration, businesses just needed to call the fire station. Nolan asked if businesses could purchase AED's in bulk and have a discount. Blake stated that was a possibility, AED's cost approximately $1200.00 and up. Zemler shared with committee members about the Town of Vail employees walking challenge, where the town employees have been challenged to walk 75,000,000 steps in eight weeks. If that goal is reached the Town's benefits consultants, Hayes Companies, will donate $1,000.00 to Starting Hearts. Nolan said a community wide challenge could be a good way to raise money for AED's. Zemler also stated there have been discussions about adding "AED location" to the new signage program the Town is implementing. • Mountain Travel Update: Ralf Garrison with DestiMetrics, LLC, Resort Intelligence, presented a Powerpoint updating the committee members on the Vail Taxable Sales as of 04/30/13; Five Year Sales as of 04/30/13; Vail vs. Comp Set as of 04/30/13 and 13 -36 Month Store vs. 37+ Month Store. 8/6/2013 The aggregate Vail taxable sales for Vail Village and Lionsheads retail, lodging and restaurant community was up 10.8 %for the summer season and 6.3% up for the winter season compared to the previous year. Retail sales for the summer were up 6.3% and up 6.9% for the 2012/2013 winter. The restaurant sales category for 2012 summer was up 23.3% and in the winter was down -.4 %. Lodging taxable sales for the summer are up 15.7% and winter was up 10.9 %. The Vail Village and Lionshead, aggregate five year sales show a continual increase for the winter seasons and the graph also showed low sales for the months of April and October. Garrison also reviewed 5 year sales graphs for the Vail Village and Lionshead with committee members. The five year Vail vs. Comp Set showed Vail's taxable winter sales were above Aspen, Breckenridge and Steamboat, but were below Aspen and Steamboat in the summer. Destimetrics winter findings showed a shallower decline in 2008/09 than the comp set. Garrison thought the new luxury inventory in Vail played a contributing factor in the stronger 2010/2011 recovery than other competitive destinations saw. Vail's 2011/2012 winter surpassed 2007/2008 high water mark, but Breckenridge and Aspen's 2011/12 winter taxable sales outpaced Vail. The 2012/2013 Vail recovery indexed to 2006/2007 second of four (Breckenridge, Vail, Aspen, Steamboat). New 13 -36 Month Store vs. 37+ Month Store taxable sales for the Vail Village and Lionshead showed both are behaving similarly; with lodging overall increasing and restaurants taxable sales overall decreasing. The retail behavior is slightly different between the two locations. Vail Villages 13 -36 and the 37+ categories are declining while Lionshead 37+ month stores are gaining on last years taxable sales. The year over year percentage in all cases, the 13 -36 month segment is more volatile than the 37+ month segment. Both segments increases and decreases are larger. The 13 -36 month segment is up 4.7 %, while the 37+ segment is down -.7 %. Both segments are up in lodging and down moderately in retail and in food and beverage. The year over year for the Vail Village showed both the segments are up in lodging, especially the 13 -36 segment at 18 %, and down moderately in retail and food and beverage. Lionshead year over year show both segments up in lodging with 13 -36 month is up 32% and the 37+ segment is up 2.3 %. The Lionshead retail for 13 -36 is down 15% while the 37+ is up 3.8 %. Food and beverage for 13 -36 is down dramatically at 84.6% while the 37+ is flat. Nolan would like to see a comparison to other summer destination locations such as Mackinaw Island. • Ski Season Report: Camp reviewed the Ski Season Report, which was provided in the committee members packets. Committee members agreed the information on redevelopment was no longer needed now that redeveloped properties were reaching five years and moving into the "Base Business" category and DestiMetrics is now providing information on 13 -36 month and 37+ month stores outlined above. Neighboring Business Reports: Rayla Kundolf reported on her conversations with Meadow Drive merchants and all had a good winter and were looking forward to the summer. There were no complaints. Nolan reported on his conversation with the Lionshead merchants. Lionshead merchants stated they too had a great winter season, though it started out flat. The merchants are looking forward to the summer events and would like there to be more focus on group visitors. Laurie Mullen reported on her conversation with West Vail merchants. The West Vail merchants had a good winter and thought the West Vail Frontage Road parking was a good thing. The merchants stated that events occurring in the town is driving business and the 4t" of July was fabulous. The merchants would like the sign code to be loosened. Paul Wible asked his neighborhood businesses their thoughts on the GoPro Event, which occurred the first weekend in June. The response was that there was great energy in town, but no huge sale numbers. Rob Levine reported on his conversation with his neighbors and business was up and they were putting more focus on green initiatives and "Late Sunday Checkouts ". There have been fewer 8/6/2013 group activities and more repeat and long term bookings. Levine stated the neighbors did express that they would like to see more events occur in Lionshead. Mia Vlaar said she heard a mixed message from her neighbors concerning the 4th of July event. Most thought the town was crazy busy and that Highline Sports and Entertainment did a great job keeping people in town for all 4 days. Vlaar also attributed the town being busy to the Houston flight bookings into the airport for June, which were up with low outbound bookings. This is the first year for the Houston flight and it has done very well. Mike Ortiz stated the golf course was busy for the 4th of July, but golf is down 9 %. The sporting camps are sold out and the Nature Center was doing well. The Kids Keen Adventure is now a four day event with 115 teams and a waiting list. Town Manager Report: Zemler stated the 170 Twin Tunnel blasting is 75% complete and the Idaho Springs road construction should be completed by early December. CDOT studies are currently being looked at regarding the use of the shoulder lane on 170 during high peak travel periods and an events guide way technology system for 170. Zemler provided an update on the golf course clubhouse stating the project recently received DRB approval to move the 18th hole and errant golf ball netting and the Town will soon be issuing a RFP. • Citizen Input: None • Other Business: Michael Kurz informed committee members that the PEC approved the redevelopment of the Roost Lodge and McDonalds is in the preliminary for a rebuild. • Next Meeting: The next meeting is scheduled for Tuesday, August 13, 2013 at The Antlers. 8/6/2013 TOWN OF 75 South Frontage Road West Finance Department Vail, Colorado 81657 970.479.21010 vailgov.com 970.479.2248 fax Vail Business Review May 2013 July 14, 2013 The May Vail Business Review breaks down the four percent sales tax collected for May. Overall May sales tax increased 5.9% with Retail decreasing 5.2 %, Lodging increased 20.9 %, Food and Beverage increased 13.4% and Utilities /Other (which is mainly utilities but also includes taxable services and rentals) increased 7.1 %. The Out of Town category continues to be greatly affected by construction, interior design firms and furniture stores delivering in to Vail. Excluding the Out of Town category sales tax for the month of May was up 9.4 %. Town of Vail sales tax forms, the Vail Business Review and the sales tax worksheet are available on the internet at www.vailgov.com. You can subscribe to have the Vail Business Review and the sales tax worksheet e- mailed to you automatically from www.vailaov.com. Please remember when reading the Vail Business Review that it is produced from sales tax collections, as opposed to actual gross sales. If you have any questions or comments please feel free to call me at (970) 479 -2125 or Judy Camp at (970) 479 -2119. Sincerely, Sally Lorton Sales Tax Administrator 8/6/2013 May OF IVAIL TOWN TOWN OF VAIL BUSINESS REVIEW Sales Tax Newsletter May 2013 Sales Tax May May May 2012 2013 % Collections Collections Change VAIL VILLAGE Retail 37,303 40,036 7.33% Lodging 27,620 32,341 17.09% F & B 70,919 81,474 14.88% Other 7,308 503 -93.12% Total 143,151 154,354 7.83% LIONSHEAD Retail 9,731 10,650 9.45% Lodging 20,369 26,777 31.46% F & B 20,397 22,047 8.09% Other 2,171 2,781 28.11 % Total 52,668 62,256 18.20% CASCADE VILLAGE /EAST VAIL /SANDSTONE/WEST VAIL Retail 81,837 83,912 2.54% Lodging 16,101 20,615 28.04% F & B 28,304 32,219 13.83% Other 5,224 4,651 -10.97% Total 131,466 141,398 7.56% OUT OF TOWN Retail 55,185 39,981 -27.55% Lodging 3,645 2,130 -41.57% F & B 112 0 - 100.00% Utilities & Other 102,830 117,970 14.72% Total 161,772 160,081 -1.05% 7/13/2013 5:04:00 PM errg6120(13/er Page 1 of 2 May TOWN OF VAIL BUSINESS REVIEW TOWN OF VAIL Sales Tax Newsletter May 2013 Sales Tax TOTAL Total 489,056 518,088 5.94% RETAIL SUMMARY May May May RETAIL -FOOD 2012 2013 % RETAIL - LIQUOR Collections Collections Change Retail 184,056 174,580 -5.15% Lodging And Property Mgmt 67,734 81,862 20.86% Food and Beverage 119,733 135,740 13.37% Other 117,533 125,905 7.12% Total 489,056 518,088 5.94% RETAIL SUMMARY 7/13/2013 5:04:01 PM err876120(T3/er Page 2 of 2 May 2012 Collections May 2013 Collections May % Change RETAIL -FOOD 62,416 64,924 4.02% RETAIL - LIQUOR 15,653 15,982 2.10% RETAIL - APPAREL 14,690 17,664 20.24% RETAIL -SPORT 15,517 17,633 13.64% RETAIL - JEWELRY 4,816 6,395 32.79% RETAIL -GIFT 2,626 1,905 -27.46% RETAIL - GALLERY 2,337 1,134 -51.46% RETAIL -OTHER 65,498 48,944 -25.27% RETAIL -HOME OCCUPATION 504 0 -100.00% Total 184,056 174,580 -5.15% 7/13/2013 5:04:01 PM err876120(T3/er Page 2 of 2 MEMORANDUM July 31, 2013 To: Vail Town Council Stan Zemler Pam Brandmeyer Judy Camp From: Sally Lorton Re: June Sales Tax I estimate Vail will collect another $30,000 in June sales tax to bring June collections to $1,019,509. If so, we will be up 7.5% or $71,001 from budget and up 5.9% or $56,366 from June 2012. This is a record for the month of June. 8/6/2013 Month 2003 2004 2005 2006 2007 Town of Vail Sales Tax Worksheet 7/31/2013 2008 2009 2010 2011 2012 Budget 2013 Budget Collections Variance % Change from 2012 % Change from Budget January 1,997,091 2,225,841 2,275,967 2,597,985 2,783,306 2,976,655 2,619,673 2,564,383 2,795,688 2,855,524 2,958,130 3,143,482 185,352 10.08% 6.27% February 2,111,163 2,362,825 2,429,377 2,527,130 2,718,643 3,071,615 2,588,889 2,577,360 2,803,136 2,994,580 2,986,471 3,265,075 278,604 9.03% 9.33% March 2,372,942 2,344,178 2,785,101 2,852,954 2,986,446 3,327,304 2,504,567 2,685,004 3,143,418 3,185,859 3,178,693 3,647,293 468,600 14.48% 14.74% April 871,468 992,157 915,554 1,280,324 1,330,740 1,098,918 1,235,941 1,156,934 1,191,690 1,183,087 1,282,934 1,065,200 (217,734) -9.96% - 16.97% May 428,919 411,595 458,770 449,283 545,874 622,103 516,150 421,925 473,292 487,739 546,713 557,461 10,748 14.29% 1.97% June 742,755 732,113 834,913 805,362 953,017 918,061 717,233 873,765 895,951 963,143 948,508 989,509 41,001 2.74% 4.32% Total 8,524,338 9,068,709 9,699,682 10,513,038 11,318,026 12,014,656 10,182,453 10,279,371 11,303,175 11,669,932 11,901,448 12,668,020 766,572 8.55% 6.44% July 1,075,532 1,128,514 1,166,183 1,255,243 1,265,781 1,397,842 1,121,860 1,228,767 1,481,329 1,573,499 1,438,328 - 100.00% - 100.00% August 1,029,446 994,445 993,985 1,055,614 1,162,746 1,349,795 1,068,391 1,147,352 1,310,471 1,380,710 1,322,533 - 100.00% - 100.00% September 679,208 757,033 795,807 832,549 908,318 834,569 753,754 761,425 889,945 978,037 913,727 - 100.00% - 100.00% October 508,092 532,537 566,173 614,396 688,519 662,767 581,033 594,362 623,420 644,577 676,408 - 100.00% - 100.00% November 591,269 623,646 713,117 799,582 747,877 719,109 651,873 701,075 788,430 825,873 790,411 - 100.00% - 100.00% December 2,171,098 2,362,095 2,549,032 2,771,258 2,821,871 2,652,628 2,553,974 2,963,763 3,184,645 2,973,826 3,057,145 - 100.00% - 100.00% Total 14,578,983 15,466,979 16,483,979 17,841,680 18,913,138 19,631,366 16,913,338 17,676,115 19,581,415 20,046,454 20,100,000 8/6/2013 TOWN OF VAIL REVENUE HIGHLIGHTS August 1, 2013 Sales Tax Upon receipt of all sales tax returns, June collections are estimated to be $1,019,509 up 5.9% from last year and up 7.5% compared to budget. Year to date collections of $12,698,020 are up 8.8% from last year and up 6.7% from budget. Inflation as measured by the consumer price index was up 1.8% for June. Real Estate Transfer Tax (RETT) RETT collections through July 31st total $2,258,486 down 18.5% from this time last year. Of current collections, approximately 7.3% is from major redevelopment projects including Manor Vail, Four Seasons, Ritz Carlton Residences, Solaris, and Lions Square Lodge North. Collections not related to major redevelopment projects currently total $2,092,506 down 5.4% from prior year. Construction Use Tax Use Tax collections total $648,926 year -to -date compared to an annual budget of $1.0 million. Construction Use Tax is down nearly 22% from collections this time last year. 2012 collections totaled $1.2 million. Summary Across all funds, year -to -date total revenue of $29.3 million is up 0.5% from budget and down 6.7% from prior year, with increased sales tax collections helping to offset decreases in RETT and Construction Use Tax. 8/6/20113- F DestiMetricsLLC TOWN OF VAIL Resort Intelligence. Town of Vail Economic Indicators Summary: July 2013 Update (Based on data as of April 30, 2013) INTRODUCTION: This Summary report of Vail Economic Indicators is based on April 30, 2013 data and has been updated in July of 2013 as winter (November — April) data have become available. It 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 chart format with this brief summary as a part of the Town of Vail 2012 Economic Development Strategic Plan and is limited in scope and accuracy by the availability of data from secondary sources. It is believed 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, 2013, vs. April 30, 2012, and reflect a winter seasonal view unless otherwise indicated: 1. Tourism: Whereas 2011/12 winter season snow was scarce (one of the mildest winters in recent history) and the national economy showed signs of improvement, the 2012/13 season brought a more "normal" snow year and increased momentum in the national economy (see Macroeconomics). Despite the drier winter last season, Vail saw a slight increase in lodging occupancy from 2010/11 to 2011/12, resulting in less- dramatic year- over -year seasonal variances in Vail than in many other mountain resorts that were more severely impacted by last year's lack of snow. As a result, Tourism indictors show varying outcomes. During the 2012/13 winter season, Vail saw a very slight increase in occupancy ( +0.7 %) but a larger increase in the average daily rate ( +4.2 %) resulting in increased revenue per available room ( +4.9 %). This increase in average daily rate (to $415) exceeds the 2007/08 pre- recession average daily rate ($409) and is at the highest since this measurement system was in place, largely due to the success of new upscale lodging product in Vail. When compared to other U.S. western mountain resorts based on overall DestiMetrics (formerly MTRiP) industry data, Vail under - performed the industry in occupancy, where the industry increased ( +3.6 %), and over - performed in rate, where the industry increased ( +3.2 %). The industry rate increase resulted a year over year percentage change in industry revenue per available room of ( +7.0 %), a larger increase than in Vail. Other metrics to note are Tunnel Traffic, which increased ( +1.0 %) from last year and deplanements at Eagle County Regional Airport, which to decreased -6.2% from last season and -16.8% from the 20110/11 season due to the declining flights and capacity. Visitors frequented the Information Centers in record numbers, perhaps due to the new Lionshead Visitor Center which opened for the 2012/13 season, resulting in a dramatic increase ( +96.1 %) in visitors to the centers. A variety of special events took place during the winter months, with total attendance and participation at these events increasing dramatically ( +234 %) primarily due to the Burton US Open Snowboarding Championships, which garnered 91,000 attendees during its first year in Vail. 2. Real Estate Indicators continue to stabilize over the past few years with gross sales increasing slightly to last year ( +2.3 %). Total transactions, however, increased significantly ( +17.0 %) resulting in a decrease in average sale price per transaction ( -20.1 %) and price per square foot (- 11.7 %) perhaps due to completion from initial sales on newly constructed high -end units in the base village area. No newly constructed dwelling, hotel /accommodation or fractional fee units were completed in 2012, which will continue to increase the stabilization of the real estate metrics in the future. 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. Excluding Out of Town collections, all segments combined showed a strong increase in overall winter sales tax revenue ( +5.8 %) following the previous winter season's sales tax revenue, which had increased ( +6.3 %) even during a dry snow year. Specifically, lodging ( +7.8 %) and retail ( +5.8 %) sales tax collections each saw a higher year over year increase than food and beverage ( +2.5 %). When segmented by neighborhood, Vail Village saw the largest increases overall ( +7.6 %) compared to Lionshead ( +3.6 %) and Cascade /Sandstone /East & West Vail ( +3.8 %). It should be noted that the continued increase in sales tax collections in Vail Village can be attributed to new lodging properties, restaurants and retail outlets that recently opened but will stabilize in the future. A study conducted by DestiMetrics shows that the average of taxable sales at comparable ski towns was also up season - over - season although with somewhat smaller increases in both lodging sales ( +6.8 %) and total taxable sales ( +5.2 %). 8/6/2013 Attachment: Vail Economic Indicators Table IL tL DestiMetrics'L-LC TOWN OF VA Resort Intelligence. b. Other Tax Collections by the Town of Vail include construction use tax, property tax and real estate transfer tax and are reported on a calendar -year basis. As a result, these taxes do not correlate with the seasonal indicators above. Construction use tax showed a dramatic increase in 2012 from 2011 ( +69.4 %), a rebound after a significant year over year decline in 2011 (- 34.6 %), which was the first decline since its implementation in 2008 and due to a lack of major construction projects at that time. Real estate transfer tax collections, which also decreased significantly in 2011 (- 36.6 %), increased in 2012 from 2011 ( +23.8 %). Over the past several years property tax has been impacted positively by new lodging product, however for the first time in recent history property taxes collected in 2012 decreased (- 14.6%) from the previous year, possibly due to the leveling off of new properties being built and the decrease in property values due to the "Great Recession." Stabilization in all aspects of these tax collections are being observed and are now being effected by conventional economic factors. c. Town Reserves as measured by General Fund Balances were essentially unchanged year over year but is an increase ( +1.7 %) since the start of the recession in 2008, which is believed to be somewhat unique among municipalities in this recovering 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 2012 calendar year. While not as current and telling of the current market conditions, the Business Growth indicators show a steadying economy as evidenced by unemployment in Eagle County, which experienced a somewhat significant decrease, from 8.6% to 8.1 %. 5. MACROECONOMICS: A tenuous economic recovery these past several years has begun to pick up meaningful momentum since November 2012, driven in large part by job creation and reflected in consumer confidence gains and record - setting financial markets. However, the recovery is in its infancy, with domestic GDP growth, while trending upward, only moderately improved from this time last year at an average of 1.65% growth over the past 12 months. Several potential crises, driven in large part by dysfunctionality among federal lawmakers, have had little impact on the recovery to -date, though their potential warranted concern. Sequestration, now rolling out in earnest, appears to be suppressing neither consumer confidence nor job creation, despite the negative impact of furloughs on consumer income. While some institutions are winding down sequestration, others are only now ramping up. Failure to enact a 2013 federal budget, and the quiet passage of national debt servicing extensions by the House and Senate, have set up fiscal cliff negotiations this fall that are concerning, yet these events too have had little impact on recovery, though the forces underlying each of these issues are significant and remain unaddressed and threatening. Job creation continues to lead much of the visible side of recovery with employers adding an average of 205,000 jobs per month since November, 2012. Those watching unemployment should now shift their focus to sustained job creation numbers rather than the national unemployment rate, which will continue to fluctuate for many months and may be misleading as discouraged workers return to the labor market. The additional consumer income and earnings growth that accompany job creation have bolstered consumer confidence to its highest level since January 2008 and the marketplace should tip in favor of suppliers as consumers begin driving demand across all sectors. Increased consumer income and confidence are behind an appreciable recovery in housing, with the national average inventory of existing homes dropping to a 4 month supply, down from 9.5 months in 2010, and median prices increasing thirty -three percent to $271,000 over the same period. The combination of these three growth segments sets in motion a series of events that are necessary to recovery but which may in their own right compel markets to slow, as the Federal Reserve Bank starts to step back from its defensive policy of buy -back, relying rather on the natural marketplace to support the economic engine. The consequences of this action include higher interest rates and the potential for higher inflation, both of which historically suppress spending but are manageable if done incrementally and over a long period of time. In summary, the 66% of the national economy that is driven by consumers is stronger than it has been in six years, but there remains significant concern around the ability or willingness of lawmakers to adequately resolve fundamental debt and budget issues, and what impact a long -term policy shift at the Federal Reserve Bank will have on investors', consumers' and employers' support of ongoing growth. 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 8/6/2013 Attachment: Vail Economic Indicators Table Data provided was collected by the TOV and DestiMetrics in Jan. 2009 and updated in July of 2013 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 -2013) Indicator Source Focus Study Report Date ('05- Winter (November '06- April '07) Report Date ('06- Annual (January '08 - December'08) Report Date ('07- Annual (January '09 - December'09) Report Date ('08- Annual (January '10 - December'10) Report Date ('09- Annual (January 11 - December'll) Report Date ('10- Annual (January '12 - December'12) Report Date ('11- Annual (January '13 - December'13) Report Date ('12- Summer (May'06 - Summer (May'07 - April '06) '06) Data ('05 -'06) ,07) Data ('06 -'07) ,08) Data ('07 -'08) .09) Data ('08 -'09) 10) Data ('09 -'10) '11) Data ('10 -'11) ,12) Data ('11 -'12) ,13) Data ('12 -'13) Lodging Report: DestiMetrics: Average number of Winter (November'05 - Vail Recreation Winter (November Summer (May'06 - Winter (November Summer (May'07 - Winter (November Summer (May'08 - Winter (November Summer (May'09 - Winter (November Summer (May'10 - Winter (November Summer (May'll - Winter (November Summer (May'12 - Occupancy Booking patterns at rooms occupied April '06) 59'6% '06 - April '07) 60.3% '07 - April '08) 58'6% '08 - April '09) 52'1% '09 - April '10) 54'7% '10 - April '11) 55'2% '11 - April '12) 54.5% '12 - April '13) 54.9% 25,000 18 Vail lodging (2247 out of 3598) Summer (May'06 - October '07) Summer (May'07 - October '08) Summer (May'08 - October '09) Summer (May'09 - October '10) Summer (May'10 - October '11) Summer (May'll - October '12) Summer (May'12 - October '13) Summer (May'13 - properties October '06) 38.4% October '07) 39.4% October '08) 38.0% October '09) 33.5% October '10) 35.10/a October '11) 38.5% October '12) 41.1% October '13) Not Available TOV Transportation Number of vehicles Winter (November'05 - Winter (November Winter (November Winter (November Winter (November Winter (November Winter (November Winter (November Lodging Report: DestiMetrics: Average nightly Winter (November'05 - '06 - April '07) Winter (November '07 - April '08) Winter (November '08 - April '09) Winter (November '09 - April '10) Winter (November '10 - April '11) Winter (November '11 - April '12) Winter (November '12 - April '13) Winter (November W Average Nightly Booking patterns at room rates April '06) $363 '06 - April '07) $376 '07 - April '08) $407 '08 - April '09) $384 '09 - April '10) $353 '10 - April '11) $374 '11 - April '12) $398 '12 - April '13) $415 Room Rates 18 Vail lodging Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - Summer (May'06 - $158 Summer (May'07 - $155 Summer (May'08 - $155 Summer (May'09 - $146 Summer (May'10 - $151 Summer (May'll - $163 Summer (May'12 - $169 Summer (May'13 Not Available October '13) properties Community Center Attendance Vail Recreation District Number of visitors to the Dobson Ice Arena Winter (November'05 - April '06) Not available Winter (November '06- April '07) Not available Annual (January '08 - December'08) 80,000 (estimate) Annual (January '09 - December'09) 80,000 (estimate) Annual (January '10 - December'10) 80,000 (estimate) Annual (January 11 - December'll) 75,000 (estimate) Annual (January '12 - December'12) 85,000 (estimate) Annual (January '13 - December'13) 85,000 (estimate) Summer (May'06 - Summer (May'07 - April '06) 325,972 '06 - April '07) 342,417 October '06) Not available October '07) Not available '09 - April '10) 324,979 '10 - April '11) 343,896 '11 - April '12) 319,223 '12 - April '13) 335,151 Parking Structure Summer (May'06 - Tuesday Vail Recreation Visitors to the Vail Summer (May'06 - Friday Summer (May'07 - Saturday Summer (May'08 - Sunday Summer (May'09 - Monday Summer (May'10 - Wednesday Summer (May'll - Thursday Summer (May'12 - Summer (May'13 - Summer (May'06 - 5,585,158 District Golf Course October '06) 22,300 October '07) 24,600 October'08) 24,993 October '09) 23,414 October '10) 23,332 October '11) 21,963 October '12) 25,000 October '13) Not Available Parking Counts TOV Transportation Number of vehicles Winter (November'05 - April 16, 2006 Winter (November April 8, 2007 Winter (November March 23, 2008 Winter (November April 12, 2009 Winter (November April 4, 2010 Winter (November April 24, 2011 Winter (November April 8, 2012 Winter (November March 31, 2013 in Vail Village April '06) 325,972 '06 - April '07) 342,417 '07 - April '08) 350,896 '08 - April '09) 288,307 '09 - April '10) 324,979 '10 - April '11) 343,896 '11 - April '12) 319,223 '12 - April '13) 335,151 Parking Structure Summer (May'06 - Tuesday Summer (May'07 - Wednesday Summer (May'08 - Friday Summer (May'09 - Saturday Summer (May'10 - Sunday Summer (May'll - Monday Summer (May'12 - Wednesday Summer (May'13 - Thursday Christmas: Day of Summer (May'06 - 5,585,158 Summer (May'07 - 6,074,027 Summer (May'08 - 5,821,092 Summer (May'09 - 6,043,720 Summer (May'10 - 5,833,139 Summer (May'll - 5,554,275 Summer (May'12 - 5,598,788 Summer (May'13 - Not Available the week October '06) Not available October '07) Not available October '08) Not available October '09) 297,349 October '10) 312,603 October '11) 645,725 October '12) Not available October '13) Not Available N O TOV Transportation Number of vehicles Winter (November'05 - Winter (November Winter (November Winter (November Winter (November Winter (November Winter (November Winter (November in Lionshead April '06) 176,716 '06 - April '07) 174,085 '07 - April '08) 184,505 '08 - April '09) 182,028 '09 - April '10) 187,045 '10 - April '11) 179,971 '11 - April '12) 167,682 '12 - April '13) 173,777 W Parking Structure Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - October '06) Not available October '07) Not available October '08) Not available October '09) 218,482 October '10) 221,233* (VVMC October '11) 463,139 October'12) Not available October '13) Not Available Parking Lot Closed) TOV Transportation Number of vehicles Winter (Novembe75 9,406 Winter (November - N/A Winter (November - 5,947 Winter (November - 7,836 Winter (November - 7,795 Winter (November - 1,675 Winter (November - 2,074 Winter (November - 4,401 on frontage roads Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - October '06) JULY 4TH October '07) JULY 4TH October '08) JULY 4TH October '09) JULY 4TH October '10) 4,853 October '11) 3,072 October '12) Not available October '13) Not Available TOV Transportation Number of days Winter (November'05 - Winter (November Winter (November Winter (November Winter (November Winter (November Winter (November Winter (November Parking structures April '06) 45 /VV 27 /11-H '06 - April '07) 66 /VV 31 /11-H '07 - April '08) 58 /VV 25/LH '08 - April '09) 50 /VV 25 /11-H '09 - April '10) 40 /VV 20 /LH '10 - April '11) 7 /VV 7 /11-H '11 - April '12) 8 /VV 7 /11-H '12 - April '13) 10 full Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - October '06) JULY 4TH October '07) JULY 4TH October '08) JULY 4TH October '09) JULY 4TH October '10) 21 /VV14 /LH October '11) 15 /VV 9 /11-H October '12) Not available October '13) Not Available Airport Statistics DIA Number of people Winter (November'05 10,894,042 Winter (November - 11,359,350 Winter (November - 12,005,377 Winter (November - 11,612,990 Winter (November - 11,848,627 Winter (November - 12,421,502 Winter (November - 12,618,182 Winter (November - 12,337,722 into Denver Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - International Airport October '06) 12,639,845 October '07) 13,237,818 October '08) 13,600,079 October '09) 13,517,792 October '10) 13,974,281 October '11) 14,117,198 October '12) 14,213,370 October '13) Not Available Eagle County Airport Number of people Winter (November'05 - Winter (November Winter (November Winter (November Winter (November Winter (November Winter (November Winter (November into Eagle County April '06) 180,086 '06 - April '07) 179,620 '07 - April '08) 181,602 '08 - April '09) 173,333 '09 - April '10) 166,409 '10 - April '11) 161,847 '11 - April '12) 147,121 '12 - April '13) 138,583 Airport Summer (May'06 - October'06) Summer (May'07 - 08) Summer (May'09 - 09) 8,434 (airportwas Summer (May'10 - 10) Summer (May'll - October Summer (May'12 - 12) Summer (May'13 - 13) 37,750 October'07) 48,043 ISummer,(May'08 October 37,300 October closed May - Aug.) October 37,760 11) 32,418 October 26,626 October Not Available Vail Information Communication Number of visits to Winter (November'05 Not available Winter (November - 20,004 Winter (November - 18,051 Winter (November - 20,949 Winter (November - 17,483 Winter (November - 16,323 Winter (November - 17,757 Winter (November - 22,635 Center Visits Department the Vail Village Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - Information Center October '06) 25,032 October '07) 22'658 October '08) 26,098 October '09) 24,774 October '10) 24,168 October '11) 26,132 October '12) 26'142 October '13) Not Available Communication Number of visits to Winter (November'05 Not available Winter (November - 14,319 Winter (November - 12,575 Winter (November - 11,576 Winter (November - 10,616 Winter (November - 6,972 Winter (November - 8,689 Winter (November - 29,225 Department the Lionshead Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - Information Center October '06) 31,103 October '07) 25,340 October '08) 19,319 October '09) 18,000 October '10) 17,237 October '11) 18,307 October '12) 27,883 October '13) Not Available Tunnel Traffic CDOT Number of vehicles Winter (November'05 - April 16, 2006 Winter (November April 8, 2007 Winter (November March 23, 2008 Winter (November April 12, 2009 Winter (November April 4, 2010 Winter (November April 24, 2011 Winter (November April 8, 2012 Winter (November March 31, 2013 thru the Eisenhower April '06) 5,406,952 '06 - April '07) 5,694,884 '07 - April '08) 5,709,007 '08 - April '09) 5,730,889 '09 - April '10) 5,690,262 '10 - April '11) 5,236,367 '11 - April '12) 5,160,226 '12 - April '13) 5,211,592 Tunnel /Vail Pass Summer (May'06 - Tuesday Summer (May'07 - Wednesday Summer (May'08 - Friday Summer (May'09 - Saturday Summer (May'10 - Sunday Summer (May'll - Monday Summer (May'12 - Wednesday Summer (May'13 - Thursday Christmas: Day of October '06) 5,585,158 October '07) 6,074,027 October '08) 5,821,092 October '09) 6,043,720 October '10) 5,833,139 October '11) 5,554,275 October '12) 5,598,788 October '13) Not Available Holiday Timing Calendar Easter: Date Sunday April 16, 2006 Sunday April 8, 2007 Sunday March 23, 2008 Sunday April 12, 2009 Sunday April 4, 2010 Sunday April 24, 2011 Sunday April 8, 2012 Sunday March 31, 2013 4th of July: Day of July 4, 2006 July 4, 2007 July 4, 2008 July 4, 2009 July 4, 2010 July 4, 2011 July 4, 2012 July 4, 2013 the week Tuesday Wednesday Friday Saturday Sunday Monday Wednesday Thursday Christmas: Day of December 25, 2006 December 25, 2006 December 25, 2007 December 25, 2008 December 25, 2009 December 25, 2010 December 25, 2011 December 25, 2012 the week Monday Tuesday Wednesday Thursday Friday Saturday Sunday Tuesday Fuel Prices Energy Information Average price of Winter (November'05 - Winter (November Winter (November Winter (November Winter (November Winter (November Winter (November Winter (November $2.33 $2.33 $3.03 $1.83 $2.85 $3.12 $3.35 $3.33 Administration gasoline oer gallon - - - - - - - Vail Economic Indicators: Tourism Page 1 of 7 Last Modified: 7/30/2013 Data provided was collected by the TOV and DestiMetrics in Jan. 2009 and updated in July of 2013 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 -2013) Indicator Source Focus Study Report Date ('05- Report Date ('06- Report Date ('07- Report Date ('08- Report Date ('09- Report Date ('10- Report Date ('11- Report Date ('12- Highline Sports & Carnivail February 26 -28, 2006 '06) Data ('05 -'06) ,07) Data ('06 -'07) ,08) Data ('07 -'08) ,09) Data ('08 -'09) 10) Data ('09 -'10) '11) Data (10 -'11) ,12) Data ('11 -'12) ,13) Data ('12 -'13) Entertainment (USD) in Colorado - Summer (May'06 - TCB) 2007 (VVTCB) Summer (May'07 - (Highline Sports) Sports) s) Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'12 - aveofweekly October '06) $2,77 October '07) $3.00 October'08) $3,69 October '09) $2,44 October '10) $2,76 October 11 $3.56 October 12 $3,52 October 12 Not Available averages 278 Total Event Attendance VRI produced the Highline Sports & Carnivail February 26 -28, 2006 event- no #'s February 7,000 February 10,000 Feb 22 -24, 27, 2009 15,000 Feb 14- 20, 2010 20,000 Mar 6 -11, 2011 20,000 Feb 21, 2012 20,000 Event did not occur Event did not occur Entertainment TCB) 2007 (VVTCB) (Highline Sports) Sports) s) available 278 Total Ski and Snowboard NORAM Cup 2006 Event did not occur 2007 Event did not occur 2208 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur Jan. 31 -Feb 5, 2013 110 Men, 83 Club Vail Ladies, 85 Coaches + Officials Vail Valley The Session /Teva Teva Winter Games: Teva Winter Games: Foundation Winter Games January 12 -15, 2006 14,750 January 11 -14, 2007 15,000 February 7 -10, 2008 17,000 Event did not occur Event did not occur Event did not occur Event did not occur Event did not occur Event did not occur Year 1 10,000 Year 2 Feb. 8 -10, 17,319 Feb. 9 -12, 2012 2013 Ski and Snowboard Junior Olympics: 7 165 Athletes Event was held in 175 Athletes 175 athletes 500 2013 event in BC Club Vail days /1st Week in March each Year 2006: Vail + BC w/ parents + coaches 265 total 2007 Aspen 2008 w /parents + March 5 - 11, 2009 160 athletes March 3 -11, 2010 170 athletes 2011 Event did not occur Mar 3 -10, 2012 total due to Burton N/A Highline Sports & Burton US Open 1st year: Feb 27- Entertainment Snowboarding 2006 Event did not occur 2007 Event did not occur 2208 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur March 2 91,000 Championships pp Vail Valley Medical PINK Vail 2006 Event did not occur 2007 Event did not occur 2208 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 3/9/2013 $352K 1319 Center raised IV O 5,071* RRC W Vail Film Institute Vail Film Festival March 30- April 2, 2006 12,000 March 29- April 1, 14,000 April 3 -6, 2008 12,500 April 2 -5, 2009 12,000 April 1-4,2010 14,000 Mar 31- Apr 3, 2011 14,000 Mar 29 -Apr 1, 2012 (14,000 *from March 28 -31, 2013 12,000 2007 recap) Taste of Vail Taste of Vail April 5 -8, 2006 4,000 April 11-14,2007 7,000 March 29- April 1, 7,000 April 1 - 4, 2009 6,000 April 8 -10, 2010 6,600 April 7, 2011 5,000 Apr 5, 2012: Lamb 8,000 April 3 -6, 2013 10,731 2008 Cookoff Highline Sports & Spring Back to Vail April 3 -16, 2006 24,000 April 2 -15, 2007 26,000 April 7 -13, 2008 30,000 April 13 -19, 2009 30,000+ April 12- 18, 2010 40,000 Apr 16 -24, 2011 70,000 (2 Apr 9 - 15, 2012 30,000 April 8 -14, 2013 40,000 Entertainment weekends) Teva Mountain Vail Vally Foundation Games (GoPro Mtn May 31- June 4, 2006 28,000 May 30- June 3, 30,000 June 4 -8, 2008 35,000 June 4 -7, 2009 40,000 -VVF is now June 3 -6, 2010 35,037 June 2 -5, 2011 46,897 May 31 -June 3, 2012 43,889* Games beginning 2007 promoter 2013) 560 participants + 622 participants + 650 participants + 764 participants King of the Mountain King of the June 16 -18, 2006 2.5 estimated June 15 -17, 2007 2.5 estimated June 13 -15, 2008 2.5 estimated June 19 -21, 2009 +2.5 entourage per June 18 -20, 2010 828 participants June 17 -19, 2011 984 participants June 15 -17, 2012 1,110 participants Mountain Volleyball entourage per entourage per player entourage per player (6,860* total) player player Vail Chamber and South of the Border 2006 Not implemented 2007 Not implemented 2008 Not implemented June 20, 2009 1,000 June 12, 2010 2,500 June 11, 2011 6,200 2012 Did not occur Business Association Fiesta Vail Valley 10 Tuesdays: June 13- 9 Tuesdays: June 19 9 Tuesdays: June 16- 9 Tuesday: June 16 - Tuesdays, Jun 15- 9 Tuesdays, 9 Tuesdays, June Foundation Hot Summer Nights August 29 33,063 August 21, 2007 32,625 August 19, 2008 28,668 Aug 18 36,629 Aug 24 31,865 June 14- Aug 30, 33,683 12- Aug 21, 2012 32,716 2011 Meadow Drive Vail Farmers' June 18- September June 16- September June 22- September June 21 -Sept 20, June 20- Sep 19, June 19 -Sept 25, June 17- Sept 30 (16 Partnership Market 17, 2006 (14 Markets) 100,000 23, 2007 (14 Markets) 120,000 21, 2008 (14 Markets) 130,000 2009 (14 markets) 140,000 2010 140,000 2011 (15 markets) 168,000 Markets) 140,000 Vail Chamber and BBQ Bonanza 2006 Not implemented June 23, 2007 (1st 1,250 June 21, 2008 3,500 June 27, 2009 4,200 June 26, 2010 5,800 June 25 -26, 2011 24,000 2012 Did not occur Business Association year) Colorado Lacrosse Vail Lacrosse June 24- July 4, 2006 102 teams June 27- July 4„ 100 teams June 28- July 6, 2008 104 teams June 26 - July 5, 95 Teams June 26- Jul 4, 2010 103 Teams 17,500 June 25- July 3, 2011 107 Teams 18,500 June 30 -July 8, 2012 99 Teams 23,617 Promotions Shootout 16,000 total 2007 17,116 total 18,819 total 2009 16,000 total total Wednesday, July 4, Saturday, July 4, Wed. July 4, 2012 42,000 (63 Eagle Valley Events America Days Tuesday, July 4, 2006 30,000 2007 35,000 Friday, July 4, 2008 35,000 2009 40,000 Sunday, July 4, 2010 35,500 Monday, July 4, 2011 42,000 Human Movement parade entries) 19 performances: 20 performances: Ticketed: 45,492 Bravo! Bravo! (GRFA 19 performances: June 36,727 June 27 -July 27, 32,649 June 25 -July 25, 34,868 19 Performances: 34,530 June 25- Aug 3, 2010 41,469 20 Performances: 41,385 June 25 -Aug 4, 2012 Non - Ticketed: performances only) 28- July 28, 2006 July 1 - Aug 4, 2009 June 25 -Aug 3, 2011 13,205 Total: 2007 2008 58,697 Vail International 8 Performances Vail Valley Dance Festival 7 performances: July30 11,654 8 performances: July 12'249 7 performances: July 11,698 (GRFA): July 27 - 17,500 July 26- Aug 10, 20,609 9 Performances: July 16,968 10 Performances: 18,419* Foundation (GRFA August 13, 2006 29- August 12, 2007 27- August 9, 2008 2010 26 -Aug 14, 2011 July 24 -Aug 11, 2012 performances only) Aug i0, 2009 Cumulative Commission on Attendance at GRFA 50 performances 47 performances 43 performances 44 performances 48 performances 48 performances 49 perfomances Special Events Performances: All Summer 2006 91,752 Summer 2007 86,332 Summer 2008 83,762 Summer 2009 91,013 Summer 2010 98,444 Summer 2011 101,549 Summer 2012 99,646 Summer 2013 Events Vail Economic Indicators: Tourism Page 2 of 7 Last Modified: 7/30/2013 Data provided was collected by the TOV and DestiMetrics in Jan. 2009 and updated in July of 2013 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 -2013) Indicator Source Focus Study Report Date ('05- Report Date ('06- Report Date ('07- Report Date ('08- Report Date ('09- Report Date ('10- Report Date ('11- Report Date ('12- '06) Data ('05 -'06) ,07) Data ('06 -'07) ,08) Data ('07 -'08) ,09) Data ('08 -'09) 10) Data ('09 -'10) '11) Data (10 -'11) ,12) Data ('11 -'12) ,13) Data ('12 -'13) Saturday Afternoon Summer 2008: (1st July 3 - Aug 14, 2009 6 Saturdays, July 10- 6 Saturdays, July 9- June 16 -Aug 11, Moon River Ranch Club 2006 Not implemented 2007 Not implemented year: 5 Fridays) 2,500 (7 Fridays: Blue 3,500 Aug 14, 2010 2'975 Aug 13, 2011 3,425 2012 (9 4,320* Creek Productions Saturdays) Event Attendance Moon River Ranch Rocky Mountain 2006 Not implemented 2007 Not implemented August 1 -3, 2008: 8,000 Aug 21 - 23, 2009 5,000 July 16 -18, 2010 5,000 July 15 -17, 2011 5,000 2012 Did not occur Antique Festival (1st year) Team Kick -It 3v3 Soccer August 4 -6, 2006 351 teams 7371 including August 3 -5, 2007 309 teams 6489 including August 1 -3, 2008 300 teams 6300 including July 31 -Aug 2, 2009 300 teams 8100 including Jul 30- Aug 1, 2010 288 Teams July 29 -31, 2011 17,400 (290 July 27 -29, 2012 17,700 (295 Championships Intl teams) teams) spectators spectators spectators spectators Eagle Valley Events Vail Arts Festival August 11 -13, 2006: 5,000 August 10 -12, 2007: 3,500 August 8 -10, 2008: 3,000 June 26 - 28, 2009 9,000 June 25 -27, 2010 8,500 June 24 -26, 2011 10,455 June 29 -July 1, 2012 15,149 E LH Circle E LH Circle E Lionshead Circle Commission on Vail Soul Music 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur Aug. 20 -21, 2010 1,700 Aug. 19 -20, 2011 1,600 Aug. 17 -19, 2012 1,874* Special Events Festival (1st year) Commission on Divas Half Marathon 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur Aug. 19 -21, 2011 2,692 2012 Did not occur Special Events (1st year) Commission on USA Pro Cycling 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur Aug. 25, 2011 30,000 2012 Did not occur Special Events Challenge (1st Year) W 9 Sundays, Jun 27- Vail Jazz Foundation Jazz @the Market 9 Sundays 2,700 9 Sundays 2,700 9 Sundays 2,700 10 Sundays: June 28 2,700 Aug 29 /no July 4, 3,000 Jun 26- Aug 28, 2011 3,500 June 24- Aug. 30 1,500 IV 0 Aug 30, 2009 2010 (10 Sundays) (10 Sundays) W July 31- August 28, 5 Thursdays: Aug 6 - 5 Thursdays, Aug S July 7- Sept 1, 2011 Vail Jazz Foundation Jazz @Vail Square 2008 (1st year: 5 3,000 Sept 3, 2009 3,500 Sep 2, 2010 2'700 (9 Thursdays) 7,200 (9 Thursdays) 9,000 Thursdays) Vail Jazz Foundation Vail Jazz Party September 1 -4, 2006 3,500 August 31- 3,500 August 29 -Sept 1, 3,500 Sept 3 - 7, 2009 4,000 Sep 2 -6, 2010 4,800 Sept 2 -5, 2011 3,200 Aug 31- Sept 3, 2012 3,500 September 3, 2007 2008 Vail Jazz Festival: June 24- Sept 3, Vail Jazz Foundation all events 2006 6,200 2007 6,200 2008 9,200 Summer 2009 10,200 Summer 2010 10,500 June 26 -Sept 5, 2011 13,900 2012 (40 13,850* combined performances) Vail Valley 2006-07(11 2008 -09 (10 2009 -2010 (9 Dec. 2010 -Apr. 2011 Dec. 2011- April Foundation Street Beat 2005 -06 (10 concerts) 28,500 concerts) 26,500 2007 -08 (6 concerts) 22,600 concerts) 25,000 concerts) 22,000 (9 concerts) 22,500 2012 (9 14,000* performances) Grand Traverse Keen Vail Kids 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur Aug. 7, 2010 396 Aug. 13, 2011 1,744 August 10 -12, 2012 2660* Adventures Adventure Race Gran Fondo USA Gran Fondo Vail 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur Aug. 18 -19 (1st 466* ear Highline Sports & Gourmet on Gore 2006 Not instituted September 1 -2, 12,500 August 29 -31, 2008 18,000 Sept 4 -6, 2009 20,000 Sept 4 -5, 2010 20,000- 30,000 Sept.3 -5, 2011 30,000 Aug 31- Sept 3, 2012 22,500* Entertainment 2007 (Monday added) Highline Sports & Oktoberfest September 8 -10 & 15- 40,000 September 7 -9 @ 14 40,000 September 5 -7 & 12- 40,000 Sept 11 -13 & 18 -20, 40,000+ Sept 10 -12 & 17 -19, 40 ,000- 50,000 Sept. 9 -11 & 16 -18, 40,000 Sept 7 -9 LH, Sept 31,000* Entertainment 17,2006 16,2007 14,2008 2009 2010 2011 14 -16 VV, 2012 I Openers Vail Restaurant 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur Sept. 20- Oct 17, Undetermined Sept. 19- Oct.16, Event did not occur Sept. 17- Oct. 14 12,000* Month 2010 (1 st year event) 2011 America Cup America Cup 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur Sept. 15-18,2011 600 Sept. 20 -23 850* (1 st year) Anthem Sports Tour of Vail 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur yea . 29 -30 (1st 2,521* Living Well Living At Your Peak 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur Sept. 13 -15 423 Lionshead 250 participants, no September 16 -20, 250 participants, no September 15 -20, 275 participants, 225 Participants 350 participants Merchant's Association Colorado Grand September 17 -21, 2006 concours 2007 concours 2008 1,250 Concours spectators Sept 17 -18, 2009 1,000 Sept 16 -17, 2010 1200 Spectators Sept 16 -17, 2011 1200 Spectators Sept. 14 -15, 2012 2,050* Unlimited Vail Symposium Adventure Speaker 2006 725 2007 1,152 2008 858 2009 1,007 2010 777 2011 815 2012 671 Series (6 each year) Vail Valley Soccer Vail Challenge Cup October 7 -8, 2006 2,200 players October 6 -7, 2007 2,000 players October 4 -5, 2008 1,800 players Summer 2009 1,500 players Summer 2010 1980 players 3,500 October 1 -2, 2011 3,100 Oct. 6 -7, 2012 7,500* Club 4,000 spectators 3,500 spectators 3,200 spectators 3,500 spectators 4000 spectators Ski and Snowboard Ski Swap 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 October 28 -29, 2011 2,862 Oct. 26 -27, 2012 2,095 Club Vail Vail Economic Indicators: Tourism Page 3 of 7 Last Modified: 7/30/2013 Data provided was collected by the TOV and DestiMetrics in Jan. 2009 and updated in July of 2013 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 -2013) Indicator Source Focus Study Report Date ('05- Report Date ('06- Report Date ('07- Report Date ('08- Report Date ('09- Report Date ('10- Report Date ('11- Report Date ('12- '06) Data ('05 -'06) ,07) Data ('06 -'07) ,08) Data ('07 -'08) ,09) Data ('08 -'09) 10) Data ('09 -'10) ,11) Data ('10 -'11) ,12) Data ('11 -'12) ,13) Data ('12 -'13) Event Attendance Highline Sports & December 4 -17, 2006 December 3 -16, December 8 -15, Entertainment Snow Daze (1st year) 15,000 2007 20,000 2008 17,500 December 2009 20,000 December 2010 75,000 Dec. 5 -11, 2011 75,000 Dec. 10 -16, 2012 55,000 Highline Sports & Vail Family Holidaze 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur December 2010 (1st Not Available Dec. 17 -25, 31 50,000 Dec. 17 -25, 31, 2012 50,000 Entertainment year) W IV O W Vail Economic Indicators: Tourism Page 4 of 7 Last Modified: 7/30/2013 Data provided was collected by the TOV and DestiMetrics in Jan. 2009 and updated in July of 2013 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: Real Estate (2004 -2013) Indicator Source Description Report Date ('05-'06) Data ('05 -'06) Report Date ('06 -'07) Data ('06 -'07) Report Date ('07208) Data ('07 -'08) Report Date ('08 -'09) Data ('08 -'09) Report Date ('09 -10) Data ('09 -'10) Report Date ('10- Data ('SO -'11) Report Date ('11- Data ('11 -12) Report Date ('12- Data ('12 -'13) Assessor's Office residential April'06) 165 April '07) 163 April'08) 143 April'09) 82 '10) 113 April'11) '11 ) April '12) '12 April'13) '13 C:) Real Estate Sales Eagle County Total number of Winter (November'05 - Summer (May'07 - Winter (November'06 - Summer (May'08 - Winter (November'07 - Summer (May'09 - Winter (November'08 - Summer (May'10 - October Winter (November'09 - April Summer (May'll - Winter (November'10 - Summer (May'12 - Winter (November'll - Summer (May'13 - Winter (November '12 Constructed Assessor's Office Real Estate April'06) 174 April '07) 175 April'08) 177 April'09) 97 '10) 121 April'11) 148 April '12) 151 April'13) 182 Vail Transactions within Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - October Summer (May'll - Summer (May'12 - Summer (May'13 - Commercial Eagle County Number of Vail October'06) 217 October'07) 158 October'08) 149 October'09) 115 '10) 195 October '11) 126 October'12) 186 October'13) Not Available Sale Price Eagle County Average sale price Winter (November'05 - April '07) Winter (November'06 - April'08) Winter (November'07 - April'09) Winter (November'08 - '10) Winter (November'09 - April April'11) Winter (November'10 - Ap0l'12) Winter (November'll - April'13) Winter (November '12 Square Footage Department Assessor's Office of Real Estate Aphl'06) $1,168,249 April '07) $2,169,933 Aphl'08) $2,258,364 Aphl'09) $2,854,325 '10) $1,641,593 April'11) $1,780,462 April'12) $1,709,393 April'13) $1,423,375 within Vail transactions within Summer (May'06 - October'07) Summer (May'07 - October .08 Summer (May'08 - October'09) Summer (May'09 - '10) Summer (May'10 - October October '11) Summer (May'll - October'12) Summer (May'12 - October'13) Summer (May'13 - Vail Vail October'06) $1,391,526 October'07) $1,370,692 October'08) $2,508,787 October'09) $1,112,728.70 '10) $2,111,644.10 October '11) $1,443,006 October'12) $1,382,832 October'13) Not Available Community Number of Annual (January'06 - Annual (January'07 - Annual (January '08 - Annual (January '09 - Annual (lanuary'10 - Annual (January'll - Annual (January '12 - Annual (January'13 - Constructed Price Per Square Eagle County Average price of Winter (November'05 - December'07) Winter (November'06 - December'08) Winter (November'07 - December'09) Winter (November'08 - December'10) Winter (November'09 - April December'11) Winter (November'10 - December'12) Winter (November'll - December'13) Winter (November'12 Foot Assessor's Office Real Estate per April'06) $727 April '07) $902 April'08) $768 April'09) $1,103 '10) $791 April'11) $809 April'12) $820 April'13) $734 within Vail square foot within Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - October Summer (May'll - Summer (May'12 - Summer (May'13 - Vail October'06) $831 October'07) $726 October'08) $1'344 October'09) $568 '10) $1,060 October '11) $724 October'12) $652 October'13) Not Available Gross Sales Eagle County Total Gross Sales Winter (November'05 - $203,275,300 Winter (November'06 - $379,738,200 Winter (November'07 - $399,730,500 Winter (November'08 - $276,869,500 Winter (November'09 - April $198,632,700 Winter (November'10 - $258,807,117 Winter (November'll - $252,990,200 Winter (November '12 $259,054,380 Assessor's Office Amount(USD) A hl'06 April '07 A ril'08 A hl'09 ,10 April'11) April '12 April'13) within Vail Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - October Summer (May'll - Summer (May'12 - Summer (May'13 - October'06) $301,961,100 October'07) $216,569,400 October'08) $373,809,300 October'09) $127,963,800 '10) $411,770,600 October'll) $174,867,073 October'12) $261,284,200 October'13) Not Available Price Ratio Land Title Guarantee Average ratio of list Winter (November'05 - Winter (November'06 - Winter (November'07 - Winter (November'08 - Winter (November'09 - April Winter (November'10 - Winter (November'll - Winter (November'12 Company price to sale price April'06) 94.90% April '07) 95.30% April'08) 96.00% April'09) 91.83% '10) 85.44°70 April'11) 87.50°7° April'12) 89.27% April'13) 91.25% within Vail Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - October Summer (May'll - Summer (May'12 - Summer (May'13 - October'06) 94.50 07o October'07) 94.40°7° October'08) 97.40°7° October'09) 85'12% '10) 89'92% October '11) 90.00% October'12) 90.06% October'13) Not Available ResiderWal Eagle County Number of Winter (November'05 - Winter (November'06 - Winter (November'07 - Winter (November'08 - Winter (November'09 - April Winter (November'10 - Winter (November'll - Winter (November '12 PropertQ Sold Assessor's Office residential April'06) 165 April '07) 163 April'08) 143 April'09) 82 '10) 113 April'11) 148 April '12) 143 April'13) 171 C:) Department properties sold Summer (May'06 - 11 Summer (May'07 - 77 Summer (May'08 - 90 Summer (May'09 - 2 Summer (May'10 - October 3 Summer (May'll - 0 Summer (May'12 - 0 Summer (May'13 - Not Available Constructed within Vail October'06) 200 October'07) 144 October'08) 156 October'09) 98 '10) 194 October '11) 120 Odober'12) 182 October'13) Not Available Vail Commercial Eagle County Number of Winter (November'05 - Winter (November'06 - Winter (November'07 - Winter (November'08 - Winter (November'09 - April Winter (November'10 - Winter (NOVember'll - Winter (November '12 Properties Sold Assessor's Office commercial Alodi'06) 5 April '07) 10 April'08) 11 April'09) 15 '10) 8 April'11) 5 Ap0l'12) 8 April'13) it Square Footage Department properties sold Summer (May'06 - 9,250sf Summer (May'07 - 36,207sf Summer (May'08 - 24,568sf Summer (May'09 - 1,552sf Summer (May'10 - October 29,OO6sf Summer (May'll - 0 Summer (May'12 - 0 Summer (May'13 - Not Available within Vail October'06) 2 October'07) 7 October .08 6 October'09) 17 '10) 1 October '11) 6 October'12) 4 October'13) Not Available Vail Dwelling Units Community Number of Annual (January'06 - Annual (January'07 - Annual (January '08 - Annual (January '09 - Annual (lanuary'10 - Annual (January'll - Annual (January '12 - Annual (January'13 - Constructed Development additional dwelling December'06) December'07) December'08) December'09) December'10) December'11) December'12) December'13) Department units constructed 9 24 75 59 89 0 0 Not Available within Vail Hotel/ Community Number of Annual (January '06 - Annual (January '07 - Annual (January - Annual (January - Annual (January'10 - Annual (January '11 - Annual (January '12 - Annual (January '13 - Accommodation Development additional hotel December'06) December'07) Decern r'08) December'09) December'10) December'11) December'12) December'13) Units Department units constructed 11 77 90 2 3 0 0 Not Available Constructed within Vail Fractional Fee Community Number of Annual (January '06 - Annual (January'07 - Annual (January '08 - Annual (January '09 - Annual (January'10 - Annual (January'l1 - Annual (January - Annual (January'13 - Units Development additional fractional December'06) December'07) December'08) December'09) December'10) December'l1) December'12) December'13) Constructed Department fee units 0 0 0 0 64 0 0 Not Available constructed within Vail Net New Community Net New Annual (January '06 - Annual (January'07 - Annual (January '08 - Annual (January '09 - Annual (January'10 - Annual (January'll - Annual (January '12 - Annual (January'13 - Commercial Development Commercial Square December'06) December'07) December'08) December'09) December'10) December'11) December'12) December'13) Square Footage Department Footage 9,250sf 36,207sf 24,568sf 1,552sf 29,OO6sf 0 0 Not Available Constructed within Vail Vail Economic Indicators: Real Estate Page 5 of 7 last Modified: 7/30/2013 Data provided was collected by the TOV and DestiMetrics in Jan. 2009 and updated in July of 2013 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: Town Revenue (2004 -2013) Indicator Source Description Report Date ('05-'061 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) Report Date ('11-'12) Data ('11-'12) Report Date ('12-'13) Data '12 -13 0) Vail Village TOV Finance Amount collected Winter (November'05 - $1,709,731 Winter (November'06 - $1,865,670 Winter (November'07 - $1,847,564 Winter (November'08 - $1,653,738 Winter (November'09 - $1,679,681 Winter (November'10 - $2,023,554 Winter (November'll - $2,248,504 Winter (November'12 - $2,319,870 R Department (USD) April '06) $2,150,643 April '07) $2,235,665 April '08) $2,102,116 April '09) $1,598,271 April '10) $1,696,072 April '11) $1,958,121 April '12) $2,064,417 April '13) $2,237,745 e t Summer (May'06 - $777'870 Summer (May'07 - $867,240 Summer (May'08 - $872,567 Summer (May'09 - $741,054 Summer (May'10 - $853,549 Summer (May'll - $1,082,886 Summer (May'12 - $1,194,758 Summer (May'13 - Not Available a Lionshead TOV Finance Amount collected October'06) $709,091 October'07) $724,998 October '08) $666,155 October'09) $573,505 October '10) $609,452 October'11) $693,894 October'12) $757,511 October'13 Not Available i T Lionshead TOV Finance Amount collected Winter (November'05 - '06) $680,292 Winter (November'06 - '07) §704 911 Winter (November'07 - '08) §856,906 Winter (November'08 - '09) §828 915 Winter (November'09 - §883,556 Winter (November'10 - ' §977 397 Winter (November'll - '12) §gg5,095 Winter (November'12 - '13) §979 379 I a Department (USD) April April April April April'10) April l April April a T Summer (May'06 - $172'764 Summer (May'07 - $227'858 Summer (May'08 - $308'728 Summer (May'09 - $245'649 Summer (May'10 - $278'229 Summer (May 'It - $287'316 Summer (May'12 - $354,295 Summer (May'13 - Not Available 8 x Cascade /E. TOV Finance Amount collected October'06) $154,984 October'07) $151,560 October '08) $270,343 October'09) $187'175 October'10) $799'752 October'11) $228'326 October'12) $224 °236 October'13 Not Available a Cascade /E. TOV Finance Amount collected Winter (November'05 - $427,585 Winter (November'06 - $445,549 Winter (November'07 - $419'824 Winter (November'08 - $357,009 Winter (November'09 - $320,657 Winter (November'10 - $335,369 Winter (November'll - $341,398 Winter (November'12 - $353,727 a Vail /Sandstone& Department (USD) April '06) $1'109'781 April '07) $1,144,388 April '08) $1'192'703 April '09) $1'153'788 April '10) $1'095'844 April '11) $1'131'777 April '12) $1'129'364 April '13) $1,165,058 W. Vail Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May '09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - s TOV Finance Sales tax % Full Year 2006 vs. full October'06) $707,587 October'07) $712'127 October .08) $764'727 October'09) $680,951 October '10) $661'824 October .11) $694,593 October'12) $716'841 October'13 Not Available L Vail Village TOV Finance Amount collected Winter (November'05 - 6.0% Winter (November'06 - 3.8% Winter (November'07 - -13.8% Winter (November'08 - 4.5% Winter (November'09 - 10.5% Winter (November'10 - 2.4 Winter (November'll - Not Available Winter (November'12 - 0 Full Year 2006 vs. full Department (USD) April '06) $2,021,717 April '07) $2,090,189 April '08) $2,147,236 April '09) $1,849,345 April '10) $1,793,215 April '11) $2,148,434 April '12) $2,475,845 April '13) $2,745,516 d Decrease (Decrease) 2.8% Summer (May'06 - 3.8% Summer (May'07 - -0.4% Summer (May'08 - 1.6 % Summer (May'09 - 3.2 % Summer (May'10 - 2.1 % Summer (May'll - Not Available Summer (May'12 - Summer (May'13 - 9 October'06) $388,552 October '07) $414,789 October'08) $446'399 October '09) $330,719 October'10) §408'732 October'11) $587,090 October'12) $679,108 October'13 Not Available i Lionshead TOV Finance Amount collected Winter (November'05 - Winter (November'06 - Winter (November'07 - Winter (November'08 - Winter (November'09 - Winter (November'10 - Winter (November'll - year 2005 Winter (November'12 - Than Inflation n T a Than Inflation Department (USD) April '06) $1,320,180 April '07) $1,448,205 April '08) $1,590,517 April '09) $1,367,737 April '10) $1,499,389 April '11) $1,670,696 April '12) $1,754,076 April '13) $1,841,436 g x Summer (May'06 - $282,591 Summer (May'07 - $323,812 Summer (May'08 - $324,648 Summer (May'09 - §261'272 Summer (May'10 - $343,795 Summer (May'll - $361,690 Summer (May'12 - $382'847 Summer (May'13 - Not Available S Annual (January '09 - Annual (January'10 - October'06 Annual (January'll - October'07 Annual (January'12 - October '08) Annual (January'13 - October'09 Construction Use Tax October'10 construction use October'11 Not implemented October'12 Not implemented October'13 $608,483 a Cascade /E. TOV Finance Amount collected Winter (November 'OS - $911,909 Winter (November'06 - $1,062,423 Winter (November'07 - $1,091,579 Winter (November'08 - $807,303 Winter (November'09 - $773,479 Winter (November'10 - $818,314 Winter (November'll - $835,811 Winter (November'12 - $875,532 Annual (January'10 - Annual (January'll - Annual (January'12 - Annual (January'13 - Total Property Tax Department taxes collected December'06) $2,751,032 December'07) $2,830,331 December'08) $4,092,167 April '13) $4,317,417 e W Vail December'll) $4,866,254 Summer (May'06 - $4,157,279 Summer (May'07 - Not Available Summer (May'08 - TOV Finance Summer (May'09 - Annual (January'06 - Summer (May'10 - Annual (January'07 - Summer (May'll - Annual (January'08 - Summer (May'12 - Annual (January'09 - Summer (May'13 - Annual (January'10 - S Annual (January'll - Annual (January'12 - October'06) $284,382 October'07) $302,778 October .08) $308,927 October'09) $219,353 October '10) $237,964 October'll) $268,044 October'12) $287,720 October'13 Not Available CO Vail Village TOV Finance Amount collected Winter (November'05 - Winter (November'06 - Winter (November'07 - Winter (November'08 - Winter (November'09 - Winter (November'10 - Winter (November'll - Winter (November'12 - 0) Department (USD) April '06) $1,709,731 April '07) $1,865,670 April '08) $1,847,564 April '09) $1,653,738 April '10) $1,679,681 April '11) $2,023,554 April '12) $2,248,504 April '13) $2,319,870 Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May '11 - Summer (May'12 - Summer (May'13 - 8 F e October'06) $777'870 October'07) $867,240 October '08) $872,567 October'09) $741,054 October'10) $853,549 October'11) $1,082,886 October'12) $1,194,758 October'13 Not Available • v W Lionshead TOV Finance Amount collected Winter (November'05 - Winter (November'06 - Winter (November'07 - Winter (November'08 - Winter (November'09 - Winter (November'10 - Winter (November'll - Winter (November'12 - • e s Department (USD) April '06) $395 788 April '07) §398,375 April '08) $552,068 April '09) $581,408 April '10) §586,820 April '11) $632 942 April '12) $636,214 April '13) $633,807 d r Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - a T October'06) $172'764 October'07) $227'858 October '08) $308'728 October'09) $245'649 October'10) $278'229 October'11) $287'316 October'12) $354,295 October'13 Not Available & 9 a Cascade /E. TOV Finance Amount collected Winter (November'05 - Winter (November'06 - Winter (November'07 - Winter (November'08 - Winter (November'09 - Winter (November'10 - Winter (November '11 - Winter (November'12 - e x Vail /Sandstone& Department (USD) April '06) $427,585 April '07) $445,549 April '08) $419'824 April '09) $357,009 April '10) $320,657 April '11) $335,369 April '12) $341,398 April '13) $353,727 W. Vail Summer (May '06 - $321'018 Summer (May'07 - $335,263 Summer (May'08 - $286'244 Summer (May'09 - $228'878 Summer (May'10 - $255'147 Summer (May'll - $268'587 Summer (May'12 - $275,301 Summer (May'13 - Not Available October'06 October'07 October '08) October'09 October'10 October'11 October'12 October'13 TOV Finance Sales tax % Full Year 2006 vs. full Full Year Sales Tax Full Year Sales Tax Full Year Sales Tax Full Year Sales Tax Full Year Sales Tax Full Year Sales Tax Full Year Sales Tax Department Increase year 2005 8.2% Increase (Decrease) 6.0% Increase (Decrease) 3.8% Increase (Decrease) -13.8% Increase (Decrease) 4.5% Increase (Decrease) 10.5% Increase (Decrease) 2.4 Increase (Decrease) Not Available Total Sales Tax vs. Inflation CPI % Increase Full Year 2006 vs. full Full Year CPI Increase Full Year CPI Increase Full Year CPI Increase Full Year CPI Increase Full Year CPI Increase Full Year CPI Increase Full Year CPI Increase year ear 2005 Decrease (Decrease) 2.8% (Decrease) Decrease 3.8% (Decrease) Decrease -0.4% (Decrease) Decrease 1.6 % (Decrease) Decrease 3.2 % Decrease (Decrease) 2.1 % Decrease (Decrease) Not Available as Measured by CPI Sales tax better Full Year 2006 vs. full Sales Tax Better (Worse) Sales Tax Better (Worse) Sales Tax Better (Worse) Sales Tax Better (Worse) Sales Tax Better (Worse) Sales Tax Better (Worse) Sales Tax Better (Worse) (worse) than year 2005 5.00% Than Inflation 3.2% Than Inflation 0.00/0 Than Inflation -13.4% Than Inflation 2.9% Than Inflation 7.3% Than Inflation 0.3% Than Inflation Not Available inflation TOV Finance Total Annual (January'06 - Annual (January'07 - Annual (January'08 - Annual (January '09 - Annual (January'10 - Annual (January'll - Annual (January'12 - Annual (January'13 - Construction Use Tax Department construction use December'06) Not implemented December'07) Not implemented December'08) $608,483 December '09) $713,582 December'10) $1,103,119 December'll) $721,002 December'12) $1,221,734 December'13) Not Available TOV Finance Total property Annual (January'06 - Annual (January'07 - Annual (January'08 - Annual (January '09 - Annual (January'10 - Annual (January'll - Annual (January'12 - Annual (January'13 - Total Property Tax Department taxes collected December'06) $2,751,032 December'07) $2,830,331 December'08) $4,092,167 December'09) $4,317,417 December'10) $4,782,945 December'll) $4,866,254 December'12) $4,157,279 December'13) Not Available TOV Finance Total Real Estate Annual (January'06 - Annual (January'07 - Annual (January'08 - Annual (January'09 - Annual (January'10 - Annual (January'll - Annual (January'12 - Annual (January'13 - Total Real Estate Transfer Department Transfer Tax December'06) $6,239,744 December'07) $6,536,118 December'08) §g�pg7�g17 December'09) $2�573�gg1 December'10) $6,950,701 December'll) $4,403,706 December'12) $5,452,937 December'13) Not Available Tax collected TOV Finance General Fund A December 31, General Fund Balance ss General Fund Balance as General fund Balance as General Fund Balance as General Fund Balance as General Fund Balance as General Fund Balance as Department Year -End 2006 of December 31, 2007 of December 31, 2008 of December 31, 2009 of December 31, 2010 of December 31, 2011 of December 31, 2012 of December 31, 2013 Town Reserves Balance $15,433,051 $19,834,717 $23,002,886 $23,173,417 $22,886,692 $23,546,285 $23,403,652 Not Available Vail Economic Indicators: Town Revenue Page 6 of 7 Last Modified: 7/30/2013 Data provided was collected by the TOV and DestiMetrics in Jan. 2009 and updated in July of 2013 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 -2013) Indicator Isource I Description I 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) Re ort Date ('11-'12) Data '11 '12 Report Date ('12-13) Data ('12-'13) Banking Deposits JFDIC Total amount of (July'05 - June April '07) Annual (July'06 - June April '08) Annual (July'07 - June April '09) Annual (July'08 - June April '10) Annual (July'09 - June April '11) Annual (July'l0 - June April '12) Annual (July'11 - June April '13) Annual (July'l2 - June Ca in Eagle County in Eagle County banking deposits [Annual 06) $1,373,139,000 X07) $1,491,847,000 X08) $1,459,685,000 X09) $1,449,899,000 ,10) 1,409,032,000 ,i1) 1,370,288,000 ,12) 1,385,085,000 ,13) Not Available Unemployment ( Not implemented October'07) $30,636,765 October .08) $29.496,375 October'09) $24'423'389 October'10) $26,863,029 October'11) $28,314,187 October'12) Not available October'13) Not available Same Store Sales DestiMetrics Amount of sales Winter (November'05 - Winter (November'06 - Winter (November'07 - Winter (November'08 - Winter (November'09 - Winter (November'10 - Winter (November'll - Winter (November'12 - reports (formerly MTRiP) (USD) April '06) Not implemented April '07) $97,122,801 April '08) $97,957,837 April '09) $78,710,137 April '10) $78,540,486 April '11) $85,290,554 April '12) $84,883,678 April '13) Not available Ca - Local Area in Eagle County Summer (May'06 - 3.4� Summer (May'07 - 2.9� Summer (May'08 - 3.60/a Summer (May'09 - u 7.4% Summer (May'10 - n 9.5% Summer (May'll - 8.6% Summer (May'12 - 8'10 /o Summer (May'13 - Not available Unemployment October'06) Not implemented October'07) $30,636,765 October .08) $29.496,375 October'09) $24'423'389 October'10) $26,863,029 October'11) $28,314,187 October'12) Not available October'13) Not available Unemployment Colorado Unemployment rate Annual (as of July '06) Annual (as of July '07) Annual (June'07 - July Annual (June '08 - July Annual (June '09 - July Annual (June '10 - July Winter (November'll - Annual (July'l2 - June Rate Department of labor in Eagle County Annual (January'06 - 104.6 Annual (January'07 - 107.8 Annual (January'08 - 77.8 Annual (January'09 - 35.3 Annual (3anuary'10 - 52.9 Annual (January'll - 62.3 Annual (January'12 - 65.2 Annual (3anuary'12 - 65.8 Ca - Local Area in Eagle County December'06) 3.4� December'07) 2.9� December'08) 3.60/a December'09) u 7.4% December'10) n 9.5% December'11) 8.6% December'12) 8'10 /o December'12) Not available Unemployment October'06) 104.7 October'07) 104.4 October'08) 52.6 October'09) 51.2 October'10) 53.3 October'11) 51.8 October'12) 65.9 October'13) Not Available Statistics Employment Colorado Estimated number Annual (as of July '06) Annual (as of July '07) Annual (June'07 - July Annual (June '08 - July Annual (June '09 - July Annual (June '10 - July Winter (November'll - Annual (July'l2 - June Estimates Department of Labor of people employed Annual (January'06 - 104.6 Annual (January'07 - 107.8 Annual (January'08 - 77.8 Annual (January'09 - 35.3 Annual (January'10 - 52.9 Annual (January'll - 62.3 Annual (January'12 - 65.2 Annual (3anuary'12 - 65.8 Ca - Local Area in Eagle County December'06) 28'127 December'07) 30,300 December'08) 30,477 December'09) 27'961 December'10) 26'582 December'11) 26'884 December'12) 27388 December'12) Not available Unemployment October'06) 104.7 October'07) 104.4 October'08) 52.6 October'09) 51.2 October'10) 53.3 October'11) 51.8 October'12) 65.9 October'13) Not Available Population Colorado State Number of Annual (as of July '06) Annual (as of July '07) Annual (June'07 - July Annual (June '08 - July Annual (June '09 - July Annual (June '10 - July Winter (November'll - Annual (July'l2 - June Estimates Government, estimated full -time April '06) 104.6 April '07) 107.8 '08) 77.8 '09) 35.3 '10) 52.9 '11) 62.3 Annual (June '11 -July 65.2 13) 65.8 Ca Department of Local residents in Vail Summer (May'06 - 4,812 Summer (May'07 - 4,871 Summer (May'08 - 4,960 Summer (May'09 - 5,027 Summer (May'10 - 5,278 Summer (May'll - 5,242 ,12) 5,251 Summer (May'13 - Not available Affairs October'06) 104.7 October'07) 104.4 October'08) 52.6 October'09) 51.2 October'10) 53.3 October'11) 51.8 October'12) 65.9 October'13) Not Available Vail Economic Indicators: Macroeconomic (2004 -2013) Indicator Source Description 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) Report Date ('11-12) Data ('11-12) Report Date ('12-13) Data ('12 -'13) 00 CorysOmer US Conference Consumer Winter (November'05 - Winter (November'06 - Winter (November'07 - Winter (November'08 - Winter (November'09 - Winter (November'10 - Winter (November'll - Winter (November'12 - CorQenceIndex Board Confidence Index April '06) 104.6 April '07) 107.8 April '08) 77.8 April '09) 35.3 April '10) 52.9 April '11) 62.3 April '12) 65.2 April '13) 65.8 Ca Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - October'06) 104.7 October'07) 104.4 October'08) 52.6 October'09) 51.2 October'10) 53.3 October'11) 51.8 October'12) 65.9 October'13) Not Available US Dollar vs. Euro US Federal Reserves US Dollar vs. Euro Winter (November'05 - Winter (November'06 - Winter (November'07 - Winter (November'08 - Winter (November'09 - Winter (November'10 - Winter (November'll - Winter (November'12 - April '06) $1.20 April '07) $1.32 April '08) $1.50 April '09) $1.31 April '10) $1.41 April '11) $1.37 April '12) $1.32 April '13) $1.31 Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - October'06) $1.27 October'07) $1.37 October'08) $1.49 October'09) $1.42 October'10 $1.29 October'll) 1.41 Odober'12) $1.26 October'13) Not Available Vail Economic Indicators: Business Growth_ Macro Econ Page 7 of 7 Last Modifled: 7/30/2013 0) TOWN OF VAIL ' Memorandum TO: Vail Town Council FROM: Community Development Department DATE: August 6, 2013 SUBJECT: Vehicle Signs I. SUMMARY The current regulations related to vehicle signs create uncertainty from both business owners wishing to utilize this type of signage and the Community Development Department in public outreach and code enforcement. II. BACKGROUND Ordinance No. 19, Series of 2003, approved by Town Council on November 4, 2003, replaced Title 11, Sign Regulations with a new Sign Code. The new sign code was developed collaboratively between the Community Development Department, business owners, signage professionals and the Planning and Environmental Commission. The new sign code was intended to support the Town's vision of being the Premier Resort Community while making the code easier to understand, implement and enforce. Prior to the new sign code, the language related to vehicle signs was located in Sec. 16- 24: Exempted Signs and read: Signs displayed on trucks, buses, trailers or other vehicles which are being operated or stored in the normal course of a business, indicating the name of the owner, business and location, which are applied to moving vans, delivery trucks, rental trucks and trailers and the like, provided, that the primary purpose of the vehicles is not for the display of signs, and provided that they are parked or stored in areas appropriate to their use as vehicles. The new sign code revised the language of Vehicle Sign and relocated it to Sec. 11 -7: Other Signs. This language reads: Any vehicles displaying the name of the business associated with said vehicle shall be used on a regular basis for service and delivery or other vehicular needs related to that business activity. Vehicular signs shall not be used for the sole purpose of advertising a business, as determined by the administrator 8/6/2013 The new language was effective in removing content based references but does not clearly convey what is permissible. Ambiguous and vague phrases including "on a regular basis ", "other vehicle needs" and "sole purpose of advertising ", for example, can be difficult for business owners to understand and have proven to be problematic for enforcement, if not unenforceable. III. ACTION REQUESTED The Community Development Department has received calls seeking clarification of the adopted vehicle sign regulations and requests for enforcement. Given the ambiguous and vague nature of the sign regulation language, we have not been able to respond appropriately. The Community Development Department respectfully requests that the Vail Town Council instruct. Town Staff to either; 1. Engage the Planning and Environmental Commission and the community on alternative language, or 2. To not allocate resources at this time. Town of Vail 8/6/2013 Page 2 rowH Of vn �ii> VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: Matters from Mayor,Council and Committee Report 8/6/2013 TOWN Of vn' 1[1 VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: Executive Session, pursuant to: 1) C.R.S. §24- 6- 40�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: golf course easements; 2) C.R.S. §24- 6- 402(4)(b)(e) - to receive legal advice on specific legal questions; and to determine positions, develop a strategy and instruct negotiators, Regarding: Ford Park Phase ll. PRESENTER(S): Matt Mire 8/6/2013 rowH Of vn �ii> VAIL TOWN COUNCIL AGENDA MEMO MEETING DATE: August 6, 2013 ITEM /TOPIC: Adjournment (4:40 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 6, 2013 IN THE VAIL TOWN COUNCIL CHAMBERS FUTURE AGENDA ITEMS: Ongoing agenda items TBD: DRB /PEC updates - Warren - WS - 15 min.; Informah Updates Attachments: WS - 15 min.; Executive Sessim items: 30 min.; Consent Agenda: 5 min.; Town Manager Report: 5 min. FUTURE AGENDA ITEMS: Vail Resorts Marketing Strategy Update - Kelli - WS- 20 min. - 08/20 Burton and Highline 4 year vision - Kelli - WS - 6®nin (working lunch) - 08/20 VVMC Master Plan Update - George - ES- 60 min. -20 1st reading of Ord #1 - Charter Split - Matt M - ES- 30 min. - TBD EHU Housing Authority - TBD 2015 WAC construction restrictions discussion - Geoge - WS - 30 min. - TBD VVMC /TOV discussion on MOB - Doris Kirchner, VVMC -ES - 30 min. - TBD Sister City discussion - TBD Discussion of future of RSES - TBD Streaming PEC & DRB - TBD Vail Village Character Preservation Update - TBD 2015 Expectations /Legacy Piece - TBD 8/6/2013