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HomeMy WebLinkAbout2016-06-21 Agenda and Supporting Documentation Town Council Afternoon AND Evening Regular MeetingVAIL TOWN COUNCIL REGULAR MEETING Afternoon Agenda TOWN Of VAIL' Town Council Chambers 75 South Frontage Road W., Vail, CO 81657 1:00 PM, June 21, 2016 Notes: Times of items are approximate, subject to change, and cannot be relied upon to determine what time Council will consider an item. Public comment on any agenda item may be solicited by the Town Council. DRB / PEC Update 1.1. DRB/PEC Presenter(s): Chris Neubecker, Planning Manager 2. Presentations / Discussion 2.1. Dowd Junction Bike Path Retaining Wall Replacement Repair Update Presenter(s): Tom Kassmel, Town Engineer Action Requested of Council: None -informational only Background: In 2010 a portion of the Dowd Junction Bike Path retaining wall failed as a result flooding and undermining of the wall. A temporary fix was put in place that spring to reopen the bike path and support the underlying sanitary sewer main. The retaining wall is now in need of full replacement. A design IGA was entered into this past winter between the Town and ERWSD to begin design on the wall replacement. The design is now close to completion and is currently going through the approval process. 5 min. 10 min. 2.2. Meet with Vail Economic Advisory Council for DestiMetrics Mountain Travel 45 min. Update Presenter(s): Ralf Garrison, DestiMetrics 2.3. 2016 Community Survey and Employee/Employer Survey Results 60 min. Presenter(s): Suzanne Silverthorn, Director of Communications and Chris Cares, RRC Associates Action Requested of Council: Review the top-level survey results from the surveys, ask questions and determine if other discussions are of interest as additional follow up. Background: The Town of Vail Community Survey is conducted every other year and is a key measurement used by the Town Council and staff to probe public policy issues and solicit feedback on other topics of community interest. It is also used to measure the town's operational performance. New this year, an Employer -Employee survey was conducted that offers additional insights on the topics of housing and transportation, in particular. 2.4. Town of Vail Municipal Operations Energy Consumption and Greenhouse 15 min. June 21, 2016 - Page 1 of 529 Gas Emissions Update. Presenter(s): Kristen Bertuglia, Environmental Sustainability Manager Action Requested of Council: Staff requests the Vail Town Council participate in the discussion and ask any pertinent questions or for additional information. Background: An update about action taken on the 2009 Environmental Sustainability Strategic Plan which established energy efficiency measures for the town to manage its energy and water consumption, and greenhouse gas emissions. The Environmental Sustainability Strategic Plan helps to fulfill the Vail Town Council's goal of growing a balanced community and supports the value of environmental stewardship. This review of the town's energy consumption provides an update on Goal #2: Energy, in terms of town government operations. Reduce the Town of Vail municipal and community energy use by 20% below 2006 levels by 2020, in order to effectively reduce the Town's contribution to greenhouse gas emissions and impact on global climate change. 2.5. CDOT Underpass Project Update 10 min. Presenter(s): Karen Berdoulay, CDOT Region 3 Resident Engineer Matthew Figgs, CDOT Region 3 Project Manager Action Requested of Council: None -information only Background: As partners with the Town of Vail, CDOT will provide an update on the 1-70 Vail Underpass Project, as well as other surrounding CDOT projects. 2.6. Presentation of the 2015 Audited Financial Statements for the Town of Vail 20 min. Presenter(s): Kathleen Halloran, Finance Director and Michael Jenkins, McMahan and Associates Action Requested of Council: The 2015 audited financial statements are presented for Council information; no action is requested. Background: In accordance with section 9.11 of the Vail Town Charter, an independent audit shall be made of all town accounts at least annually. The audit shall be conducted by certified public accountants and copies made available for public inspection at the municipal building. The 2015 audit was conducted by McMahan and Associates, LLC. 2.7. Housing Strategic Plan Update 10 min. Presenter(s): Alan J. Nazzaro, Housing Manager Action Requested of Council: None, discussion item Background: To keep Town Council informed as to the progress on the Housing Strategic Plan process. 3. Information Update 3.1. Vail America Days Activities 5 min. Theme for parade this year is "Spirit of America" Council meet at Golden Peak near Tivoli by 9:45AM, Monday, July 4 to walk in parade and supply candy to hand to spectators Anyone interested in driving the Volvo convertible? Fireworks at dusk (9:30 — 9:45PM) at Golden Peak conditions permitting 3.2. VLMDAC memorandum on Destination Strategy Results with Updated Percentages. June 21, 2016 - Page 2 of 529 3.3. April 2016 and Ski Season Vail Business Review 3.4. Quarter 1 Investment Report 4. Matters from Mayor, Council and Committee Reports 5. Executive Session 5.1. Executive Session, pursuant to: 1) C.R.S. §24-6-402(4)(b) - to receive 15 min. legal advice on specific legal questions; Regarding: AT&T refund claim Presenter(s): Matt Mire, Town Attorney 6. Recess 6.1. Council meeting will break approximately at 4:15 p.m. Council will reconvene the regular meeting at 4:30 p.m. 7. Consent Agenda 7.1. Traffic Impact Fee Contract Approval 5 min. Presenter(s): Tom Kassmel, Town Engineer Action Requested of Council: Approve Contract with Tischler Bise Background: Staff is requesting that the Town Council authorize the Town Manger to enter into a contract with Tischler Bise to complete a traffic impact fee nexus study in order to evaluate and adopt traffic impact fees. Staff Recommendation: Town staff recommends that the Town Council authorize the Town Manger to enter into a contract with Tischler Bise in the amount of $56,320 to complete a traffic impact fee nexus study. 8. Action Item 8.1. Ordinance No. 12, Series of 2016, First Reading, An Ordinance Amending 5 min. Ordinance No. 14, Series of 2015, Adopting by Reference the 2015 Edition of the International Plumbing Code. Presenter(s): George Ruther, Director of Community Development Action Requested of Council: Approve, approve with modifications or deny Ordinance No. 12, Series of 2016. Background: The Vail Town Council adopted Ordinance No. 14, Series of 2015 in October of 2015. In doing so, the building codes of the Town of Vail were updated to the most recent version of the codes at that time. Since that time, the State of Colorado has adopted the 2015 Edition of International Plumbing Code, more commonly referred to as the "Colorado Plumbing Code". The purpose of this ordinance is to ensure the Town of Vail is up to date on the adoption of the most recent building codes. Staff Recommendation: The Community Development Department recommends the Vail Town Council adopts Ordinance No. 12, Series of 2016, as read. 8.2. Ordinance No. 14, Series of 2016 Snowberry Drive Right -of -Way Land 5 min. Swap Presenter(s): Tom Kassmel, Town Engineer Action Requested of Council: Approve, approve with amendments or deny Ordinance No. 14, Series of 2016 on first reading. June 21, 2016 - Page 3 of 529 Background: Request for a land swap of private property and town right of way, exchanging excess right of way for private property which has Snowberry Drive encroaching within it. Staff Recommendation: Approve Ordinance No. 14, Series of 2016 on first reading. 9. Public Hearing 9.1. Resolution No. 22, Series of 2016, A Resolution Establishing the 2016 30 min. Payment of Fees in Lieu for Each Employee to be Housed, as Required by Chapter 12-23, Commercial Linkage, and for Each Square Foot, as Required by Chapter 12-24 Inclusionary Zoning, Vail Town Code, and Setting Forth Details in Regard Thereto. Presenter(s): Alan Na=aro, Housing Manager Action Requested of Council: Approve, approve with modifications or deny Resolution No. 22, Series of 2016 Background: The Town has not adjusted its administrative fee since it was established in 2007. The current averaging does not reflect present day conditions in the market. The AMI used currently doesn't reflect the wage levels of employees in the community. Staff Recommendation: Staff recommends that based upon the past discussions with Council that the Vail Town Council: Amend the Fee in Lieu calculation formula to reflect administrative fees corresponding to the average increase in labor cost to the Town of Vail over time as illustrated. Amend the Fee in Lieu calculation formula to remove the averaging of the fees with the two previous years to better reflect current market conditions. Amend the Fee in Lieu calculation formula to reflect an percentage of AMI, which more closely reflects current employee wages within the community by adopting the fee in lieu Resolution 22 Series 2016 with the fees calculated in Attachment B — 100% AMI. 9.2. Ordinance No. 9, Series of 2016, Second Reading, An Ordinance 10 min. Amending Chapter 4 of Title 7 of the Vail Town Code to Regulate Electric Assisted Bicycles and Allow Electric Assisted Bicycles on Bicycle and Pedestrian Paths in Town Presenter(s): Gregg Barrie, Senior Landscape Architect and Matt Mire, Town Attorney Action Requested of Council: Approve, approve with amendments or deny Ordinance No. 9, Series of 2016 on second reading. Background: The Town of Vail desires to promote the use of electric assisted bicycles as an alternate mode of transportation and to encourage more people to complete trips by environmentally -friendly modes of transportation. Currently, the Vail Town Code does not permit electric assisted bicycles to be operated on bicycle and pedestrian paths. This ordinance will ensure the use of electric assisted bicycles as an alternate mode of transportation is safe, prudent and in the best interest of all users. Staff Recommendation: Approve, approve with amendments or deny Ordinance No. 9, Series of 2016 on second reading. 9.3. Ordinance No. 11, Series of 2016, Second Reading, An ordinance 10 min. repealing and reenacting Ordinance No. 11, Series 2014, which adopted the approved development plan for Phase II I of Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment June 21, 2016 - Page 4 of 529 Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn, Phase III) /Lot O, Block 5D, Vail Village Filing 1, and setting forth details in regard thereto. Presenter(s): Jonathan Spence, Town Planner Action Requested of Council: The Vail Town Council shall approve, approve with modifications, or deny Ordinance No. 11, Series of 2016, upon second reading. Background: The applicant, Lublan S.A, represented by Eggers Architecture, Inc., is requesting a review of a revision to a major amendment to Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area and a change in project scope to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn Phase 3). Staff Recommendation: On June 7, 2016 the Vail Town Council approved Ordinance No. 11, Series of 2016 on first reading by a vote of 7-0. 10. Citizen Participation 10.1. Citizen Participation 11. Adjournment 11.1. Adjournment 6:05 p.m. *The Vail Town Council has been invited to attend Vail Valley Foundation Hot Summer Nights at the Gerald Ford Amphitheater at 6:30 p.m. to see Pilaseca, San Miguel de Allende based band, as part of the sisterhood exchange program. Meeting agendas and materials can be accessed prior to meeting day on the Town of Vail website www.vailgov.com. All town council meetings will be streamed live by Public Access Television Channel 5 and available for public viewing as the meeting is happening. The meeting videos are also posted to Channel 5 website the week following meeting day, www.publicaccess5.org. Please call 970-479-2136 for additional information. Sign language interpretation is available upon request with 48 hour notification. Please call 970-479-2356, Telecommunication device for the deaf (TDD) for information. June 21, 2016 - Page 5 of 529 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: DRB/PEC PRESENTER(S): Chris Neubecker, Planning Manager ATTACHMENTS: Description June 1, 2016 DRB Meeting Results June 15, 2016 DRB Meeting Results June 13, 2016 PEC Meeting Results TOWN OF VAIP June 21, 2016 - Page 6 of 529 0 rowN of va MEMBERS PRESENT Bill Pierce Rollie Kjesbo Doug Cahill Peter Cope DESIGN REVIEW BOARD AGENDA PUBLIC MEETING June 1, 2016 Council Chambers 75 South Frontage Road West - Vail, Colorado, 81657 PROJECT ORIENTATION MEMBERS ABSENT Andy Forstl SITE VISITS 1. Vail Mountain School, 3000 Booth Falls Road 2. Ford Park, 360 S. Frontage Road 3. JMB Revocable Living Trust, 1406 Moraine Drive 4. Sinclair Residence, 1956 Gore Creek Drive MAIN AGENDA Town of Vail DRB16-0160 Final review of an exterior alteration (shed, landscaping) 360 South Frontage Road/Town of Vail Unplatted Ford Park Applicant: Town of Vail, represented by Pedro Campos ACTION: Tabled to June 15, 2016 MOTION: Kjesbo SECOND: Cahill VOTE: 4-0-0 2. Lancelot Restaurant DRB16-0161 Final review of an exterior alteration (railing) 201 Gore Creek Drive #C-1/Lot A, Block 5B, Vail Village Filing 1 Applicant: Hermann Staufer, represented by Mark Hallenbeck ACTION: Table to June 15, 2016 MOTION: Kjesbo SECOND: Cahill VOTE: 4-0-0 3. Sinclair Residence DRB16-0166 Final review of an addition (dormer) 1956 Gore Creek Drive/Lot 45, Vail Village West Filing 2 Applicant: Brian & Hollie Sinclair, represented by Wunderlich Design ACTION: Table to June 15, 2016 MOTION: Kjesbo SECOND: Cahill VOTE: 4-0-0 4. Vail Mountain School DRB16-0155 Final review of an exterior alteration (door) 3000 Booth Falls Road/Lot 1, Vail Mountain School Subdivision Applicant: Vail Mountain School, represented by Ragan Ferrara ACTION: Call Up of Staff Approval MOTION: Cope SECOND: Cahill 1:30pm 3:OOpm Brian Matt Matt Jonathan VOTE: 3-0-1(Pierce Recused) (This item has been subsequently withdrawn by the applicant as it is being reviewed as DRB16- 0180, item #5 below.) Page 1 June 21, 2016 - Page 7 of 529 5. Vail Mountain School DRB16-0180 Jonathan Final review of a change to approved plans (door) 3000 Booth Falls Road/Lot 1, Vail Mountain School Applicant: Vail Mountain School, represented by Ragan Ferrara ACTION: Table to June 15, 2016 MOTION: Cope SECOND: Kjesbo VOTE: 3-0-1 (Pierce Recused) 6. JMB Revocable Living Trust DRB16-0183 Jonathan Final review of an exterior alteration (deck and windows) 1406 Moraine Drive/Lot 3, Dauphinais-Mosely Filing 1 Applicant: JMB Revocable Living Trust, represented by Rocky Mountain Construction Group ACTION: Table to June 15, 2016 MOTION: Kjesbo SECOND: Cope VOTE: 4-0-0 STAFF APPROVALS VVMC Medical Professional Building DRB16-0109 Jonathan Final review of an exterior alteration (landscaping) 108 South Frontage Road West/Lot 2, Vail Village Filing 2 Applicant: VVMC, represented by David Lyle Commissary DRB16-0129 Jonathan Final review of changes to approved plans (patio) 263 Gore Creek Drive/Lot C -E, Block 5, Vail Village Filing 1 Applicant: Commissary Restaurant, represented by Semple Brown Design Mallinckrodt Residence DRB16-0141 Brian Final review of an exterior alteration (windows/roof/patios) 123 Beaver Dam Road/Lot 36, Block 7, Vail Village Filing 1 Applicant: Elizabeth Mallinckrodt, represented by Beau Oyler Beaver Dam LLC DRB16-0151 Matt Final review of an exterior alteration (landscaping) 443 Beaver Dam Road/Lot 4, Block 4, Vail Village Filing 3 Applicant: Beaver Dam LLC, represented by Bonnie Vogt Vail Mountain School DRB16-0155 Jonathan Final review of an exterior alteration (door) 3000 Booth Falls Road/Lot 1, Vail Mountain School Subdivision Applicant: Vail Mountain School, represented by Ragan Ferrara Cabreo Homes LLC Residence DRB16-0158 Brian Final review of an addition 770 Potato Patch Drive Unit 13E/Lot 6, Block 2, Vail Potato Patch Filing 1 Applicant: Cabreo Homes LLC, represented by Snowdon Hopkins Architects Holm Residence DRB16-0163 Chris Final review of a changes to approved plans (window) 738 Sandy Lane/Lot 5, Vail Potato Patch Filing 2 Applicant: Claes Holm, represented by Pavan Krueger Telemark Townhouses HOA DRB16-0162 Jonathan Final review of an exterior alteration (landscaping) 1090 Vail View Drive/Lot B1, Block B, Lions Ridge Filing 1 Page 2 June 21, 2016 - Page 8 of 529 Applicant: Telemark Townhouses HOA, represented by Rick Herwehe 1550 Lions Ridge Loop LLC DRB16-0164 Final review of an exterior alteration (deck/paint) 1550 Lions Ridge Loop/Lot 21, Dauphinais-Moseley Filing 1 Applicant: 1550 Lions Ridge Loop LLC, represented by Saundra Spaeh Lodge at Lionshead III Condominium Association DRB16-0167 Final review of an exterior alteration (landscaping) 360 East Lionshead Circle/Lot 6, Block 1, Vail Lionshead Filing 2 Applicant: Lodge at Lionshead III Condominium Association, represented by Jeff Bailey 1 Willow Bridge Road C-2 DRB16-0169 Final review of an exterior alteration (sign) 1 Willow Bridge Road C-2/1-ot 2, Sonnenalp Subdivision Applicant: 1 Willow Bridge Road C-2, represented by Laura Suarez-Cediel Vail Trails East Association DRB16-0170 Final review of an exterior alteration (deck) 433 Gore Creek Drive/Lots 7-15, Block 4, Vail Village Filing 1 Applicant: Vail Trail East Association, represented by Channing Lockaby Guerriero Residence DRB16-0171 Final review of an exterior alteration (deck) 1859 Meadow Ridge Road/Lot 15, Buffehr Creek Resubdivision Applicant: Randall Guerriero Cox Residence DRB16-0172 Final review of an exterior alteration (deck) 278 Hanson Ranch Road Unit 309/1-ot A -C, Block 2, Vail Village Filing 1 Applicant: Arthur Cox, represented by Burke Harrington Easterling Residence DRB16-0173 Final review of a change to approved plans (skylight) 1476 Westhaven Drive Unit 26/1-ot 53, Glen Lyon Subdivision Applicant: John Easterling, represented by Rick Dominick P & R Enterprises DRB16-0176 Final review of an exterior alteration (stairs) 228 Bridge Street/Lot A, Block 5, Vail Village Filing 1 Applicant: P & R Enterprises, represented by Ross Cohen Mountain C.I. Holdings Ltd. DRB16-0179 Final review of a change to approved plans (lighting) 2755 Snowberry Drive/Lot 10, Block 9, Vail Intermountain Subdivision Applicant: Mountain C.I. Holdings Ltd., represented by Jeff Manley Town of Vail, Chamonix DRB16-0182 Final review of a new development sign 2310 Chamonix Road/Vail das Schone Filing1, a resubdivision of Tract D, Applicant: Town of Vail, represented by George Ruther Vail Racquet Club Owners Association DRB16-0185 4695 Racquet Club Drive/Vail Racquet Club Condominiums Final review of an exterior alteration (landscaping) Page 3 Matt Chris Jonathan Matt Brian Brian Jonathan Jonathan Jonathan Matt Parcel B Vail das Schone Filing 1 Jonathan June 21, 2016 - Page 9 of 529 Applicant: Vail Racquet Club Owners Association, represented by Steve Loftus 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 48-hour notification. Please call (970) 479-2356, Telecommunication Device for the Deaf (TDD), for information. Page 4 June 21, 2016 - Page 10 of 529 0 rowN of va MEMBERS PRESENT Bill Pierce Rollie Kjesbo Doug Cahill Peter Cope Andy Forstl DESIGN REVIEW BOARD AGENDA PUBLIC MEETING June 15, 2016 Council Chambers 75 South Frontage Road West - Vail, Colorado, 81657 PROJECT ORIENTATION MEMBERS ABSENT SITE VISITS 1. Vail Skate Park at Lionshead Parking Structure — 350 S. Frontage Road West MAIN AGENDA 1. Sinclair Residence DRB16-0166 Final review of an addition (dormer) 1956 Gore Creek Drive/Lot 45, Vail Village West Filing 2 Applicant: Brian & Hollie Sinclair, represented by Wunderlich Design ACTION: Approve 2:OOpm 3:OOpm Matt MOTION: Kjesbo SECOND: Forstl VOTE: 4-1-0 (Pierce opposed) 2. Hillside Condominium Association DRB16-0175 Final review of an exterior alteration (landscaping) 1819 Meadow Ridge Road/Lots 13 & 14, Buffehr Creek Subdivision Applicant: Hillside Condominium Association, represented by Greg Bemis ACTION: Table to July 6, 2016 MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 3. Remmert Residence DRB16-0178 Final review of New Construction (SFR) 5147 Gore Circle/Lot 14, Block 3, Bighorn 5t" Addition Applicant: Stephen Remmert, represented by Greg Cummings ACTION: Approve MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 4. Town of Vail DRB16-0160 Final review of an exterior alteration (shed, landscaping) 360 South Frontage Road/Town of Vail Unplatted Ford Park Applicant: Town of Vail, represented by Pedro Campos ACTION: Table to July 6, 2016 MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 5. Town of Vail DRB16-0217 Final review of an exterior alteration (sign) 350 South Frontage Road West/Lot 1, Block 2, Vail Lionshead Filing 1 Applicant: Town of Vail, represented by Todd Oppenheimer ACTION: Approve Page 1 Matt Matt Brian Brian June 21, 2016 - Page 11 of 529 MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 6. Vail Mountain School DRB16-0180 Jonathan Final review of a change to approved plans (door) 3000 Booth Falls Road/Lot 1, Vail Mountain School Applicant: Vail Mountain School, represented by Ragan Ferrara ACTION: Table to July 6, 2016 MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 7. JMB Revocable Living Trust DRB16-0183 Jonathan Final review of an exterior alteration (deck and windows) 1406 Moraine Drive/Lot 3, Dauphinais-Mosely Filing 1 Applicant: JMB Revocable Living Trust, represented by Rocky Mountain Construction Group ACTION: Table to July 6, 2016 MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 STAFF APPROVALS Doubletree Hotel DRB16-0088 Chris Final review of a sign application (business, building ID) 2211 North Frontage Road/Lot 1, Vail das Schone Filing 1 Applicant: TNREF III Bravo Vail, represented by the Widewater Group Ritz Carlton Residences DRB16-0116 Chris Final review of an exterior alteration (landscaping) 728 West Lionshead Circle/Lot 2, West Day Subdivision Applicant: Ritz Carlton Residences, represented by Rocky Mountain Custom Landscapes Lancelot Restaurant DRB16-0161 Final review of an exterior alteration (railing) 201 Gore Creek Drive #C-1/Lot A, Block 5B, Vail Village Filing Applicant: Hermann Staufer, represented by Mark Hallenbeck Matt Fox/Marks Duplex DRB16-0168 Chris Final review of an exterior alteration (roof) 5040 Prima Court Units A1/A2 & B1/Lot A-1, Sundial Phase 1 Applicant: Jeff Fox & Marks Family Trust, represented by KCB Construction Hanna-Stassen Residences B16-0169 J. R. Final review of an exterior alteration (roof) 1210 Westhaven Lane/Lot 41, Glen Lyon Subdivision Applicant: Hanna-Stassen, represented by J & K Roofing MJG Forest Road LLC DRB16-0174 Brian Final review of an exterior alteration (driveway) 765 Forest Road/Lot 8, Block 2, Vail Village Filing 6 Applicant: MJG Forest Road LLC, represented by Beau Oyler Heathers Condominium Association B16-0177 J. R. Final review of an exterior alteration (roof) 5197 Black Gore Drive/Lot 6-8, Heather of Vail Applicant: Heathers Condominium Association, represented by Tiley Roofing Inc. McEachron Residence DRB16-0181 Final review of an exterior alteration (driveway) Page 2 Chris June 21, 2016 - Page 12 of 529 2585 Davos Trail/Lot 24, Block B, Vail Ridge Subdivision Applicant: Mary Jane McEachron, represented by Avignon Stone Saloon 4937 LLC DRB16-0186 Jonathan Final review of changes to approved plans (window/door) 994 Ptarmigan Road/Lot 3, Block 4, Vail Village Filing 7 Applicant: Saloon 4937 LLC, represented by K.H. Webb Architects Montaneros Condominium Association DRB16-0187 Brian Final review of an exterior alteration (shoring posts) 684 West Lionshead Circle/Lot 8, Block 1, Vail Lionshead Filing 3 Applicant: Montaneros Condominium Association, represented by SRE Building Associates FRC3 LLC B16-0189 J. R. Final review of an exterior alteration (roof) 4595 Bighorn Road Unit 2A-W/Lot 3-5, Block 1, Bighorn 3rd Addition Applicant: FRC3 LLC, represented by A4S LLC Solaris Property Owner LLC DRB16-0189 Jonathan Final review of an exterior alteration (window/door) 141 East Meadow Drive/Lot P, Block 5D, Vail Village Filing 1 Applicant: Solaris Property Owner LLC, represented by Jaclyn Keran Town of Vail -Bighorn Park DRB16-0190 Chris Final review of an exterior alteration (pump enclosure) 4825 Juniper Lane/Unplatted-Big horn Park Applicant: Town of Vail, represented by John King Payen Residence DRB16-0192 Jonathan Final review of an addition 605 South Frontage Road Units 21A&31A/Lot 9, Block 2, Vail Potato Patch Filing 1 Applicant: Jacques Payen, represented by Y.C. Construction Vail Point Townhomes Association DRB16-0193 Brian Final review of an exterior alteration (landscaping) 1881 Lions Ridge Loop/Lot 1, Block 3, Lions Ridge Filing 3 Applicant: Vail Point Townhomes Association, represented by Dan McNeill Sherrill Residence DRB16-0194 Jonathan Final review of an exterior alteration (landscaping) 1854 Glacier Court Unit B/Lot 25, Block 2, Lions Ridge Filing 3 Applicant: Robert Sherrill Prager Residence DRB16-0195 Chris Final review of a changes to approved plans (addition) 1817 Meadow Ridge Road Unit 2/Lot 21, Buffehr Creek Resubdivision Applicant: Diane Prager, represented by K.H. Webb Architects Christy Sports DRB16-0197 Jonathan Final review of an exterior alteration (sign) 291 Bridge Street/Lot F -K, Block 5C, Vail Village Filing 1 Applicant: Christy Sports, represented by Hugh O'Winter Vista Bahn Building DRB16-0199 Jonathan Final review of an exterior alteration (outdoor dining) 298 Hanson Ranch Road/Lot C, Block 2, Vail Village Filing 1 Page 3 June 21, 2016 - Page 13 of 529 Applicant: Remonov & CO, represented by TAB Associates, Inc. Parker Residence DRB16-0204 Jonathan Final review of an exterior alteration (landscaping) 483 Gore Creek Drive Unit 1/1-ot 1, Vail Village Filing 4 Applicant: Helen Parker, represented by Ross Goldberg Arrabelle at Vail Square LLC DRB16-0206 Jonathan Final review of an exterior alteration (railings) 675 Lionshead Place/Lots 1 & 2, Lionshead Filing 6 Applicant: Arrabelle at Vail Square LLC, represented Brandt Marott Grouse Glen Homeowners Association DRB16-0207 Brian Final review of an exterior alteration (landscaping) 1470 Buffehr Creek Road/Parcel A, Lions Ridge Filing 2 Applicant: Grouse Glen Homeowners Association, represented by Zeb Mertes LeVarn Residence DRB16-0212 Chris Final review of an addition (bedrooms) 1817 Meadow Ridge Road Unit 4 (Capstone Townhomes)/Lot 21, Buffehr Creek Resubdivision Applicant: Maria & Marc LeVarn, represented by KH Webb Architects Town of Vail DRB16-0210 Jonathan Final review of a changes to approved plans (landscaping) 1265 North Frontage Road West/Lot 1, Timber Ridge Subdivision Applicant: Gorman & Company Inc., represented by Berglund Architects Town of Vail DRB16-0211 Jonathan Final review of an exterior alteration (antenna) 1329 Elkhorn Drive/Unplatted Applicant: Town of Vail, represented by Crown Castle Katsos Ranch LLC DRB16-0213 Jonathan Final review of an exterior alteration (landscaping) 3235 Katsos Ranch Road/Lot 5, Block 1, Vail Village Filing 12 Applicant: Katsos Ranch LLC, represented by Robin Burch 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 48-hour notification. Please call (970) 479-2356, Telecommunication Device for the Deaf (TDD), for information. Page 4 June 21, 2016 - Page 14 of 529 0 TOYVN Of VAIL PLANNING AND ENVIRONMENTAL COMMISSION June 13, 2016, 12:00 PM Vail Town Council Chambers 75S. Frontage Road -Vail, Colorado, 81657 Call to Order Members Present: Brian Gillette, Ludwig Kurz, Henry Pratt, John Rediker, Brian Stockmar, and John Ryan Lockman Absent: Kirk Hansen and Chairman John Rediker PEC Training - GRFA - Matt Panfil Matt Panfil introduced the training on Gross Residential Floor Area (GRFA). He displayed a PowerPoint presentation showing how GRFA is measured, and some of the areas of the code that allow for GRFA exclusions, including garages and basements, and some parts of covered decks. Areas that are counted twice include those with floor to ceiling heights in excess of 16'. Gillette — What is the purpose of an attic deduction? Attic adds to bulk and mass of building. GRFA was intended to address density as well as bulk and mass. Ruther — The intensity of use can be increased by potentially adding bedrooms to an attic. Neubecker — Due to a recent PEC decision on an appeal, the Town Code needs to be clarified and PEC feedback is requested to clarify the code pertaining to GRFA. Today's meeting was is not a public hearing, though public comment is welcome. Changes to GRFA regulations can affect other areas of the code and programs. For example, Employee Housing Inclusionary Zoning is based on GRFA. The lower the GRFA the less employee housing required. Staff provided three options for code change, but is open to other ideas. Staff recommends Option #1, which clarifies that each unit in a duplex is considered its own structure, and can have its own lowest level basement GRFA exclusion. Staff wants to keep the discussion focused on the issue identified by the appeal, and not a wider discussion of GRFA. Gillette — Need to fix definition of lowest level. Recommends lowest level be defined as a level including any level or portion of the building that doesn't have GRFA below it. Look at what really affects bulk and mass above grade. Pratt — Option 1 is not covering all our bases. Gillette — Duplexes get to have bigger basements than single family residences. Pratt opened the item for Public Comment Mike Suman — We are looking for fairness among duplex owners. Prefers Option 1, which treats each side of a duplex independently and allows for better site design, same bulk & mass. Units rewarded with subterranean square footage. Site coverage is limiting factor for all design, not GRFA — the second factor for design is height limitations. Bulk and mass is best regulated) br�e��e2016 -Page 15 of 529 coverage, setbacks and height. If we abandon GRFA, then what are the consequences for duplexes? For single family dwellings? What about those portions that are not 100% subterranean? Why do we care how much square footage is 100% below grade? Bill Pierce — Each unit should be treated fairly and get basement credit. Need to refer to original grade, rather than existing grade. Ron Byrne — General comments about GRFA and the need to review the regulations. Pratt closed Public Comment. Stockmar — Leans toward Option 1 in the context of this analysis, but does not think it is an absolute solution. It is the simplest solution to a complex issue. Equities have to be addressed. Re -address GRFA entirely. Wants to know the history of GRFA, and why we do what we do. Gillette — Definition of GRFA needs to be redefined. What was the intent of the GRFA regulations? Change language in code to better address the intent. Allow stepping of grade. Believes the amount of square footage below grade does not matter. Kurz — Agrees with Stockmar and leans toward Option 1. Options 2 and 3 may open a can of worms, with too many unintended consequences. Lockman — Equities needs to be better understood and there should be equity between owners. What was intent behind GRFA? Needs better understanding and would like to see more graphics depicting potential impacts. Pratt — The history of GRFA regulations is entirely reactive. Town has written new rules to address exceptions that come up over time. He favors Option 1 approach where each side of a duplex is entitled to a lowest level. Option 1 needs to be clarified. GRFA should not factor in party walls; calculate the total and determine a percentage applied to basement deduction based on entire perimeter, not the perimeter of each unit separately. 2. A request for review of an Employee Housing Plan, pursuant to Section 12- 24-8, Administration, Inclusionary Zoning, Vail Town Code, to allow for an Off Site Employee Housing Unit, an exception to the on-site requirement, and Fees in Lieu to meet the Inclusionary Zoning requirement for the redevelopment of the residences located at 303 Gore Creek Drive Units 9 & 10/Lots 9 & 10, Block 5, Vail Village Filing 1, and setting forth details in regard thereto. (PEC16-0022) Applicant: Sun Up Trust and Christopher B. Galvin Revocable Trust, represented by Mauriello Planning Group Planner: Alan Nazzaro, Housing Manager Action : Approve with conditions Motion: Kurz Second: Stockmar Conditions: 1. If the applicant proposes an off-site replacement employee housing unit located outside of the Commercial Job Core, then the square footage requirement shall be raised to three times the on-site square footage requirement, inARO ,92016 - Page 16 of 529 with the standard established under the EHU Exchange Program. 2. Condition #1 in the staff memo, concerning inspection for health, safety and livability standards, shall be removed. The Planning and Environmental Commission also finds that the request meets the criteria of Item "d" in Section 12-24-6 Al: "The method of mitigation proposed better achieves the intent and purpose of this chapter and the general and specific purposes of this title than the on site mitigation unit method." Vote: 5-0 Alan Nazzarro introduced the request to allow off-site mitigation of employee housing. Reviewing the standards, staff finds only one of the exceptions applies in this case (1-D). Staff finds the request meets the general intent, but without knowing the specific location of the new employee housing unit, is difficult to determine if two times the requirement for the exchange is reasonable. If located outside of the Town Core, then it would require three times the square footage. Town would review for code compliance and quality before acceptance as an Employee Housing Unit (EHU). Staff recommends approval with conditions (in staff report) Pratt — Are you comfortable with the 900 sq. ft. minimum? Nazzaro — 900 sq. ft. is an adequate sized unit Pratt — Is there anything preventing them from purchasing an existing deed restricted unit? Nazzaro — Yes, they can not use an existing deed restricted unit. Gillette — Why is this required for a townhome? Pratt — When the VVT district was approved, it was included to require employee housing. Nazzaro — There were a lot of exemptions when the inclusionary zoning regulations were put in place. Ruther — There is sufficient space to construct an on-site unit within a 9,000 sq. ft. building. Lockman — Any proposed location for the off-site EHU? Nazzaro — No. That is why it is difficult to say whether twice or three times the square footage is sufficient. Dominic Mauriello — Unusual case of inclusionary zoning due to the newness of this zoning district. The request is based on the fact that two units are being replaced by one unit, thus a higher GRFA triggering the EHU requirement. Clients are in agreement with one of the conditions of approval, however they are not comfortable with the conditions requiring inspection for the quality of the EHU. The applicant would prefer the condition be worded based on the EHU complying with health and life safety regulations found in the building code. Kurz — What happens to the project if the applicant cannot afford the EHU? June 21, 2016 - Page 17 of 529 Mauriello — We would not receive a C/O until the EHU is in place. Lockman — Asked for the intent of the condition requiring a certain quality of EHU. Nazzaro — To ensure that the EHU is of good condition for the purchaser or occupant. Gillette — Asked what the VVT zone district received in exchange for agreeing to inclusionary zoning. Mauriello — When the language was introduced, it was not anticipated that construction in the VVT would trigger inclusionary zoning. Nazzaro — The point of the on-site inspection for quality was in consideration that if it was built on-site it would be brand new and would be of a high quality. Gillette — Expressed interest in striking condition one. Lockman — Expressed interest in maintaining condition one, but does believe the request for the off-site EHU is fitting. Stockmar — What specifically does healthy, safety, and livability mean? Are there certain standards for livability? Ruther — No, and there is concern about applying subjective standards as a condition. Gillette — Someone having to agree to buy the unit will ensure that it is not a dilapidated unit. Kurz — Comfortable with the application and striking condition one. Pratt — Staff memo requests consideration of tripling the square footage Lockman — Agrees Gillette - Agrees Stockmar — Agrees with Kurz and favors tripling the square footage Pratt — Agrees with tripling the square footage requirement as well as striking condition one. Expressed concern with the maximum 900 square foot EHU and remaining square feet to be paid by as a fee in lieu, as requested by the applicant. Would prefer a larger unit with remaining paid as fee in lieu. This is an opportunity to get a deed restriction on a larger unit. Gillette — Asked for clarification on the total square footage required for the EHU. Mauriello — The applicant anticipates the minimum size of the EHU to be exchanged is 900 square feet and the maximum is 1,112 square feet. Based on three times the 278 requirement. We are comfortable with 278 times three. Nazzaro — Based on Employee Housing Exchange programs, its total square footage times three. Pratt — Precedent of previous exchange was three times the total, not three times the on- site requirement. There was a similar exchange in the Bell Tower building. June 21, 2016 - Page 18 of 529 Gillette — Seems like an odd location to have an on site unit. Asked for clarification on what the code requires. Nazzaro — This multiplier is based on the Employee Housing Exchange Program, which requires a three times multiplier. Mauriello — We are using the Exchange Program as a guideline, but this has no guideline. Asking for total requirement times two, as a minimum. Staff proposal is more flexible, based on three times the on site requirement. Ruther—Applicant is required to provide 50% of the employee housing on site, or 278 square feet. Applicant is requesting to not place that 50% requirement on site, but to place 100% of the requirement off-site, or 556 sq. ft. That is the zoning obligation. This can be allowed if the PEC finds that the Applicant's proposal meets one of the criteria to allow off site. The applicant is agreeable to providing 1,112 sq. ft. of housing, which is above and beyond what the code requires. As proposed, it's more than double what is required on site. PEC should review to determine if this qualifies under one of the four criteria in the code for allowing off site housing. Kurz — Finds that the request meets the criteria of Item D in the Code. Public Comment - None 3. Firewise Town Code Amendments Applicant: Town of Vail, represented by Paul Cada Planner: Jonathan Spence Action: Tabled to June 27, 2016 Motion: Gillette Second: Kurz Vote: 5-0 4. A request for final review of a Development Plan, pursuant to Section 12- 61-11, Vail Town Code, to allow for the future development of Employee Housing Units on the Chamonix parcel located at 2310 Chamonix Road, Parcel B, Resubdivision of Tract D, Vail Das Schone Filing 1, and setting forth details in regard thereto. (PEC150019) - 5 min. Table to July 11, 2016 Applicant: Town of Vail Community Development Department Planner: George Ruther Action: Tabled Motion: Kurz Second: Gillette Vote: 5-0 5. Approval of Minutes May 23, 2016 PEC Meeting Results Action: Approved Motion: Kurz Second: Stockmar Vote: 4-0-1 (Pratt Recused) 6. Informational Update George Ruther provided an update as to the progress of the site work at the Chamonix Neighborhood. Pratt asked for confirmation that a recent application for a KAABOO music festival has been withdrawn. George Ruther confirmed the withdrawal of the application. 7. Adjournment: 2:45 PM June 21, 2016 - Page 19 of 529 Motion: Lockman Second: Stockmar 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 48- hour notification. Please call (970) 479-2356, Telecommunication Device for the Deaf (TDD), for information. Community Development Department June 21, 2016 - Page 20 of 529 TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Dowd Junction Bike Path Retaining Wall Replacement Repair Update PRESENTER(S): Tom Kassmel, Town Engineer ACTION REQUESTED OF COUNCIL: None -informational only BACKGROUND: In 2010 a portion of the Dowd Junction Bike Path retaining wall failed as a result flooding and undermining of the wall. A temporary fix was put in place that spring to reopen the bike path and support the underlying sanitary sewer main. The retaining wall is now in need of full replacement. A design IGA was entered into this past winter between the Town and ERWSD to begin design on the wall replacement. The design is now close to completion and is currently going through the approval process. ATTACHMENTS: Description Staff memo Plan&Section View June 21, 2016 - Page 21 of 529 rowN nFvain ") Memorandum To: Town Council From: Public Works Department Date: 6-21-16 Subject: Dowd Junction Bike Path Retaining Wall Project Update I. SUMMARY The Town of Vail and Eagle River Water and Sanitation District (ERWSD) are in need of a long term repair to the Gore Valley Trail retaining walls in Dowd Junction. The existing rock retaining wall that supports both the Gore Valley Trail and the ERWSD sanitary sewer trunk line main is being compromised by the river. The Town and ERWSD jointly entered into a design IGA last fall to complete the design, with the understanding that once the project is bid and awarded to a construction contractor, a separate IGA will be entered into for the cost share of construction. II. BACKGROUND The Town of Vail operates and maintains the Gore Valley Trail (GVT) which runs through Dowd Junction along 1-70 and continues through Vail to East Vail. Eagle River Water and Sanitation District (ERWSD) owns and maintains the sanitary sewer main beneath the Gore Valley Trail in Dowd Junction. The GVT runs through Dowd Junction constrained on each side by Gore Creek and 1-70. In many areas the GVT is supported by a vertical dry stacked rock retaining wall directly adjacent to Gore Creek with steep embankment slopes running up to 1-70 on the opposite side. The majority of these retaining walls were built almost 20 years ago. In 2010 (See 2010 photos attached), Gore Creek experienced a spring snowmelt run-off equivalent to the 100 year flow causing flood damage throughout Town. One area of significant concern was a failure of a small portion of this GVT retaining wall, which damaged and closed the GVT and exposed the sanitary sewer main just a few feet from Gore Creek. A temporary repair was completed by rebuilding and grouting the retaining wall. Since that time Gore Creek has undermined the boulder wall once again and caused subsidence in the gravel shoulder of the GVT (See attached 2015 photo attached). Failure of the retaining wall in the area is again eminent without repair. The Town of Vail and ERWSD intends to complete a long term repair this fall. This design project will address all aspects of the design of a long term repair. The design shall address the long term needs of both the GVT and the sanitary sewer main that runs beneath it. June 21, 2016 - Page 22 of 529 III. DESIGN STATUS & NEXT STEPS The project design involves replacing 500 linear feet of 12 foot high rock retaining wall on the north side of the creek with a new tiered rock retaining wall using larger boulders in the new wall than exist today; then also stabilizing the south side of the creek with a similar tiered rock retaining wall; and also introducing in -stream grade control features to control the velocity of Gore Creek. Natural vegetation will be introduced into the benches created by the tiered walls, and the path will be reconstructed in this section. (See attached design) The project is outside the Town of Vail limits; therefore the town is not required to provide any approval process other than being a major stakeholder and funding partner of the project. The project team is currently in the necessary design approval processes with the Army Core of Engineers, CDOT, Eagle County, and the private homeowner on the south side of the creek, who owns a good portion of the land to be disturbed. At this time the impacted private homeowner is in favor of the project and the current design. The project design has been submitted to the above regulating agencies and approval is anticipated this fall prior to start of construction. The project will be advertised for bid by the end of June and construction bids will be due by the end of July with an award of contract being brought to the Town and ERWSD, along with a construction IGA, by the beginning of August. IV. STAFF RECOMMENDATION Staff recommends that the Town Council review the project design and anticipate awarding a contract this August for fall construction . V. ATTACHMENTS Photos 90% Design Drawings Town of Vail Page 2 June 21, 2016 - Page 23 of 529 Dowd Junction Path Damage T Dowd.Junction Path Damage (Same Location) 2010 PHOTOS Town of Vail Page 3 June 21, 2016 - Page 24 of 529 2015 PHOTO Town of Vail Page 4 June 21, 2016 - Page 25 of 529 ', /l,''i' '//� ,/, // / /j, �/ ''� i%.''' �� /i j ./'i ,///� //,///,////, ' j/'1 11/11-1 /i � 11/, 11 /': %/' 'i , %. //// 1, X ;i%11 i' , / , n PI Protect) ace ' i ;'1111-- ;, I' , ,i , -,'% . n Storm- ; Exist 9 ;'" %Drain &Culvert %%i,, . / / ; /; i, , /�', ,� ,� , I I '' %' j '' !:%i,%i j%;i' ;;%�;; "'iii ,;' i,, .�,' Valley Trail Alon Entire /; esurface Gore e %; %' i- tr t d R tainln il' Rt a it E of Recons uc e e W d a 9 „gi r II m es from Access an eta in A Da a d 9 9 %, %% __\,�' , , , 9 %i>: / i /;' i i,%;'/;'i -%; /i i %// /�% '" i j'; %, ;'I I / ti % i ;', ,'i j j; %/ "�'l",�",�"",",","",�"""/\"","\,""""","\;,�� i Y;' i; i cz Protectin Place I a y %i %jii% i tin wer Manhole Exs Se / i 9 1 i; i P t Alon �, el F and os s Re -'lace Existin '8 ft enG i; P 9. d7�, \��111'1 , : .14 /' R t inin Wall Recon e a Entire Len th eel i' 9 S Sipt 9 Re air A ama es froiri'ACcess and Sta in 9 9 9 P % ,-,', d ;Q /. i%; ,, '. P Protect in lace %''. Yi% I _­­ � � I /I , . / 11 I XExistin Sewer Line - - i i 9 A r x. 10 ft Invert o �j, ,, ( PP rf of Path Below Su ace /'' // r %' 1 /;', ' /, i, ,"' ,i i s. �o Q ack Ed e of Proposed P 9 p i" P - , 3� I r Retainin � Tw �1e'r " Bou de G cx � t! 9 r Hei ht 7.5 ft �" M az fer ace teff i 9r. ,�%' i' �P tw n Terraces ft Run Be ee �} $ V / d / i 1° ii , / ' i% � a Y / i i '/; 1 S, i/ // / - ll w terns w/ fi bed W o S Ins & ac 11 a k G s s i :j Ots -tri " "%''aces of Boulder i/ nS?r .P ;j ,• i1 I btained Onsite r e'NTateria s to be'O ac y / �' < 1 /" d l i; \" �,„ ,' .a{�,! i,, /" /i U treani', i Ps � on �ed Botatder / n eG ' q niri Vu II M�r e a 9 ,� //,/'' '%—,F 1111iiiiiiiiiii, REINVENTING WHITEWATER %i ;' e e S20 Design Engineering t 9 9 9 s G t P, / Scott Shipley, P.E. () G'___ ;- i• , ' . -------- G9 '-- : �' ­ '� 318 Mcconnell Drive Q Lyons CO 80540 -- ;y USA 303 819-3985 1 1 i / XI t /' r0 ma e Limits of Gradin 9 Client: i' Town of Vail & Eagle River Water 9 �,- and Sanitation District /, %�%11 s° 1 1 / S /; r ,f, is 'i 1; a p Project Name: 1 /i Gore Valle Trail Streambank and i Y i sr� s e a° Streambed Stabilization F ° /'// „s i s �PrOYeCt, ¢8;)`j41SA'I,9,%,-%j'',;, • / �' ' deC G°Il'�tPeS'.�','"/' t /' :Ia �, 7 /; ,/ ,'"s; .,. - ;TA i•b''Reii�irlo'r,�6rr'sei±i iar`i,?"rv, , s`�' 1 ° 1i I/ i . i , toss/ /-� �a ,,;%' J /, ;i [1 �, d s S (� S 1 ,1 t� di ° Pr /t ct in Place ,1 oe j ya, e O,' xi tin Sewer Manhole E s 9 i/ i, 5,, ,' ., w I F<' :ii „/ i% _ ✓, i /' 1: I I %, Install Multi Tier d ,, „ ,' nsta u e i ,, ,: ,',,, :, ,, S , . , , / , . , ,,: „ 4 ni W I %i% Boulder Retal n al , ,' 9 Downstrearnt " 'zif; %',' „ „ ' / • ' , - (Max 4 ft Rise w/ n tr cte "$ E"11 Reco s u d t' i� 4 3 ,,Run f Retai 1%Va II n' b9 s %% /, %; % %%%'''';' %% Protect in Place �: �, Existin Storm / " 9% Dr 'n G l rt a & u ve - I. "" 11 s ' Protect in Place %_ ///' i/, f f >•/ m :s Existin Storm i.. 9 ,, / Drain &Culvert i a, /, '1 9/ / J /if / /,i%%,': iii.'::��,�////�,/,%/, /:/i//%% %�,., i" Native Riparian i /, 1. Install Containerized p % % %%% /\ n 1st Tier Upland Vegetationo & '; /`i -p ,`: ( � % %, j;% / tin n 2nd & 3rd Tiers Vegetation o 0 , , n Hi h - - 9 %,', '(�rdl a rY 9 a+s �i: P ctin Acte'° '/ ote I d i n tails Install Per Reve etat o De Water Line 9 ff-Tner of istih` D \ Geo e ,i'%' x , � %jg /j �l/ c+' - /:: -' - LOT 1B' ° 1 f %' T'r' Bould Access s: I e J t Iativ ' - 'tt' `%' / % \ eiraces o e $ 'T a.k, in PI E Istln xi rotect ace x 9' A ro a te;'. PP '1 Wooden Fence `11Parc ' oYi darie / >ji%, B / i; r 11 ",ii;;ii;;; , i%,'iii,';'iil;;';, 1/1,111,111,11111,;';';j;;;;;%;I'll,i;'ii"%;i;';'j%;;iIll/„” I June 21, 2016 - Page 26 of 529 Status: 90% Draft Design Drawing Name: Project Site Plan Revisions: Drawn By: Dan Woolley Checked By: Y Scott Shipley Date: 5/12/2016 Stam a Scale: Sheet: 1n 0� = 2 S20-2.0 0 J Q In H w Q > 0 U In 0 H Y U) W W J 2 07 1- 0 U U) ry W U LAP & STAKE EROSION CONTROL X� BLANKET AT EXCAVATION LIMITS TRENCH EROSION CONTROL BLANKET AT EXCAVATION LIMITS INSTALL FABRIC FOR WRAPPED SOIL LIFTS, AS DESCRIBED IN TECHNICAL SPECIFICATIONS INSTALL UPLAND VEGETATION TYPES & LOCATIONS AS DESCRIBED IN THE UPLAND PLANTING PLAN EXTEND ALL FOOTER ROCK BELOW FINAL GRADE MIN. 2 EXPOSED FACE HEIGHT INTIMATE CONTACT REQUIRED BETWEEN ALL BOULDER INSTALL TURF GRASS SEE- SURFACE OF BOTH LIFTS, INTEI OF FABRIC INSTALLA SECURE FABRIC WITH 12" HARI WOOD STAKES TON CENTER Al LAYERS PRIOR TO WRAPPIN TOPS101'L FII (8" fN. DEPTI BACK WRAP�LTER FABRIC ,'9EFORE SOIL LIFT R R DETAIL i NTS i R � 3-C%W. - - 2.0 R CROSS SECTION \ I 2.5 \ %\ \ T.O.W. 3.0 2.0 \ SEE CROSS SECTION 3.0 - 0 2.5 _T_. 0.-W. - - \\//\\� 3.0 SEE CROSS SECTION 4.0 MIRAFI 180N NON -WOVEN FILTERFABRIC & 4' DRAINAGE NET 10 FEET O.C. LAP & STAKE EROSION CONT BLANKET AT EXCAVATION LIMI� TRENCH EROSION CONTROL'S BLANKET AT EXCAVATION LIMITS INSTALL FABRIC FOR WRAPPED SOIL LIFTS, AS DESCRIBED IN TECHNICAL SPECIFICATIONS INSTALL UPLAND VEGETATION TYPES & LOCATIONS AS DESCRIBED IN THE UPLAND PLANTING PLAN EXTEND ALL FOOTER ROCK BELOW FINAL GRADE MIN. 2 EXPOSED FACE HEIGHT INTIMATE CONTACT REQUIRED BETWEEN ALL BOULDER MIRAFI 18ON NON -WOVEN FILTERFABRIC & 4' DRAINAGE NET 10 FEET O.C. June 21, 2016 -Page 27 of 529 6.0 EXISTING GRADE INSTALL TURF GRASS SEE" SURFACE OF BOTH LIFTS, INTE OF FABRIC INSTALLA SECURE FABRIC WITH 12" HARI WOOD STAKES 3' ON CENTER LAYERS PRIOR TO WRRAPPIN R TOPSOIL FII R R (8" MIN. DEPT BgG'f� WRAP FILTER FABRIC R BEFORE SOIL LIFT 3.0 4.5 OUTER FABRIC COIR WOVEN (700 g/sm) INNER FABRIC NON WOVEN COIR INSTALL 1 OR 2 FABRIC WRAPPED SOIL LIFTS, AS NECESSARY TO MEET EXISTING GRADE (12" LAP, 6" MAX LIFT) TOP OF BOULDER WALL T.O.W. SEE CROSS SECTION20 1 � FI / 2.5 ORDINARY HIGH WATER TYP. ou - - T.-0. - - SEE CROSS SECTIqN - J 3 3.0 2.0- -2.5 .0--2.5 3.0 3.0 DETAIL i NTS (SSS SECTION \ T.O.W. 20 \ SEE CROSS SECTION - 2.5 3.0 EXISTING GRADE \ T.O.W. �E�CRflS� SECTFON - 4.0 \ 6.0 J 4.0 6.0 PROPOSED GRADE OUTER FABRIC COIR WOVEN (700 g/sm) INNER FABRIC NON WOVEN COIR 4 / 3.0 / 3.5 INSTALL 1 OR 2 FABRIC WRAPPED SOIL LIFTS, AS NECESSARY TO MEET EXISTING GRADE (12" LAP, 6" MAX LIFT) TOP OF BOULDER WALL REPLACE GORE VALLEY TRAIL ALONG ENTIRE LENGTH OF RECONSTRUCTED RETAINING WALL 7v/ PROTECT IN PLACE EXISTING CONCRETE DRAINAGE PAN TYP. UNDISTURBED SOILS PROTECT IN PLACE ALL EXISTING SEWER LINES & MANHOLES (TYP.) ' SCABBED WILLOW STAKES, r INTACT LIVE ROOTS REQUIRED FOR ALL INSTALLATIONS BACKFILL 3" MINUS OR EQUIVALENT CLEAN ALLUVIAL MATERIAL FOR FILTER FABRIC PROTECTION T.O.W. SEE CROSS SECTION 1 z.o ORDINARY HIGH 2.5 - WATER TYP. 413,0- / 3.0 - OIL T.O.W. - - SEE6R@SSE& TI 4.0 /2 - 3F R R 6.0 PROPOSED GRADE 3.5 TYPICAL CROSS VANE SECTION NTS REPLACE GORE VALLEY TRAIL ALONG ENTIRE LENGTH OF RECONSTRUCTED RETAINING WALL PROTECT IN PLACE EXISTING CONCRETE DRAINAGE PAN TYP. UNDISTURBED SOILS PROTECT IN PLACE ALL EXISTING SEWER LINES & MANHOLES (TYP.) SCABBED WILLOW STAKES, INTACT LIVE ROOTS REQUIRED FOR ALL INSTALLATIONS BACKFILL 3" MINUS OR EQUIVALENT CLEAN ALLUVIAL MATERIAL FOR FILTER FABRIC PROTECTION TYPICAL POOL SECTION NTS S *,W REINVENTINGWHITEWATEIR S20 Design and Engineering Scott Shipley, P.E. 318 Mcconnell Drive Lyons CO, 80540, USA (303) 819-3985 Client: Town of Vail & Eagle River Water and Sanitation District Project Name: Gore Valley Trail Streambank and Streambed Stabilization Status: 90% Draft Design Drawing Name: Typical Cross Sections Revisions: Drawn By: Dan Woolley Checked By: Scott Shipley Date: May 12th, 2016 Datum: North American Vertical Datum 1988 Stamp: REUSE OF DOCUMENT: THIS DOCUMENT IS THE PROPERTY OF S20 DESIGN AND ENGINEERING. THE IDEAS, DESIGN AND CONTENT INCORPORATED ON THIS DOCUMENT IS AN INSTRUMENT OF PROFESSIONAL SERVICE AND SHALL NOT BE USED FOR ANY OTHER PROJECT WITHOUT THE WRITTEN AUTHORIZATION OF S20 DESIGN AND ENGINEERING. Scale: Seel. NTS S20-10.0 TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Meet with Vail Economic Advisory Council for DestiMetrics Mountain Travel Update PRESENTER(S): Ralf Garrison, DestiMetrics ATTACHMENTS: Description Destimetrix Presentation June 21, 2016 - Page 28 of 529 DestiMetricsLL.TO Resort, Intelligence. Vail Town Council & Vail Economic Advisory Council Update June 21, 2016 Presented by Ralf Garrison INDEX 1. Introduction 2. Market Update 3. History: Winter2015/16 4. Outlook: Summer 2016 5. What you ought to know in'fo@DestiMetrics.com I www.DestiMetrics.com I 678 S Franklin St. Denver, CC 8�'2e9 I 30 -722-7346 2 MTNWEST Aspen Avon, Colorado Big Sky Breckenridge Beaver Creek Copper Gunnison/Crested Butte Keystone Mt Bachelor Mammoth Lakes Jackson Hole North Lake Tahoe Snowmass Steamboat Park City Area Summit County, CO Telluride Vail Winter Park SUN&BEACH • Hilton Head • Florida Keys • Golden Isles • Experience Kissimmee • Visit Florida • Onsite Property Management Association • Colorado Hotel & Lodging Association • Vail Resorts - Lodging • Destination Hotels & Resorts—Mtn Collection Vail Property Participation Reports with data as of May 31, 2016 include. 25 properties representing 2,456 units 62% of total community census in'fo@DestiMetrics.com I www.DestiMetrics.com I 678 S Franklin St. Denver, CC 8�'2e9 I 30 -722-7346 4 25 Data Submitting Properties Antlers at Vail Arrabelle at Vail Square Christiania Lodge & Christiania Condos Destination Resorts Vail Vail Cascade Condos Vail Cascade Resort & Spa Evergreen Lodge at Vail Four Seasons Resort Vail Lion Square Lodge Lodge at Lionshead Lodge Tower Manor Vail Resort Montaneros Sitzmark Lodge Sonnenalp Resort of Vail The Sebastian The Wren Tivoli Lodge Vail Mountain Lodge Vail Racquet Club Vail Spa Condominiums Vail Marriott The Lodge at Vail The Ritz-Carlton Residences in'fo@DestiMetrics.com I www.DestiMetrics.com I 678 S Franklin St. Denver, CC 8�'2e9 I 30 -722-7346 5 INDEX 1. Introduction 2. Market Update V-1 Lomi 3. History: Winter2015/16 4. Outlook: Summer 2016 5. What you ought to know in'fo@DestiMetrics.com I www.DestiMetrics.com I 678 S Franklin St. Denver, CC 8�'2e9 I 30 -722-7346 � Confidence, The DOW &Unemployment r January 06 -Apr 16 Dow Jones Confidence ♦ Unemployment I Y 94.2 5.0 in'fo@DestiMetrics.com I www.DestiMetrics.com I 678 S Franklin St. Denver, �C So 1? I 30 -722-7346 14 Market Update Jan 2014: $1 CAD = $0.94 USD June 2016: $1 CAD = $0.77 USD Jan 2014: €1 EUR = $1.36 USD info (aDestiMetrics.com I www.DestiMetrics.com I 678S Franklin St. Denver, CO 802e9 1 302--722-7346 anomic • Economic Tide: Softer and uncertain. Election adds wildcard • Battle for the Beds: — More Demand than Supply, adds to price, drives shift to highest/best use = short term — Rent -By -Owner Channels come into mainstream — Regulatory pushback is growing, sometimes potentially over -reaching • Attractions: Shifting, Slowly but Surely — Legacy attractions (Ski/Golf, etc.): Flat at Best — Social/Group Based Exercise - Less competitive/timed events, more socially based — Increased influence of Post — Title 9, and more X Chromosome influenced • Consumer Shifts in 2016: More... • Leisure than Business (Air) Travel • Millennials than Boomers • Women than Men: Running events example INDEX 1. Introduction I P 2. Market Update 3. Review: Winter2015/16 4. Outlook: Summer 2016 5. What you ought to know in'fo@DestiMetrics.com I www.DestiMetrics.com I 678 S Franklin St. Denver, �C 8�'2e9 I 30 -722-7346 10 80% > 60% u c R3 CL m u Q a- 40% 20% 6 10 ■ ■■ 111 Pul W NUB. E■ ■ 0% 31 ov 15 Qec'15 Data as of Apr 30 (2015/16 season) r w 0- O n n C 10% phi -15% jar, �o Feb'16 Mar 16 ' - . Winter Total Historic Actual (2014/15 season) E Data as of Apr 30 (2014/15 season) f Percent Variance n S600 $500 $200 $100 Allam F+3% I F+4Yo to w a, o �n lU:>n r7 7r't5s 4% 3% 4% -20% 15% 10% 5 °o Ln 590 n 0% n 6 !D W LO rD -S 90 p — w IndustrI -10% +1% 5% .'0% Nov'15 DeC'15 Feb'16 Iviar 16 Apr io winter Total Data as of Apr 30 (2015/16 season) M Data as of Apr 30 (2014/15 season) Historic Actual (2014/15 season) t Percent Variance m +15% $450 $400 $350 E r� Q $250 CU CL v v $200 $150 $100 $50 $0 +2% +5% + o e n -30% -40*n Nov'15 Dec 15 Jan 16 Feb'16 Mar'16 API"16 Winter Total Data as of Apr 30 (2015/16 season) M Data as of Apr 30 (2014/15 season) 96 Historic Actual (2014/15 season) f Percent Variance Vail Seasonal Totals by Month Nov ' 15 Dec '15 Jan '16 Feb '16 Mar '16 Apr '16 Occupancy -6 -5% -2% -2% RevPAR in'fo@DestiMetrics.com I www.DestiMetrics.com I 678S Franklin St. Denver, CO 802e9 1 302--722-7346 Vail Ski Season 15/16 Sales Tax Year over Year % Change IN in'fo@DestiMetrics.com I www.DestiMetrics.com I 678S Franklin St. Denver, CO 802e9 1 302--722-7346 80% 60 401, 20% i 2❑ I� i Historical Nov 15 66% 5% 0% Dec 15 Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 =1 1 _ 1 E Destination: Vail W Other Individual Destinations <)- All Destination Average 8% ii k! ■ ■■ Faily Occupancy ■ ■a I nnoi -JW/V W V H' N N U'I F� N N W a) N N (n F, N N t D N W H` ' F 1 Oo ' N T T ` ` Ol W O ' W (P lD Ql ' ' T W O O O z z z m p p p 01) va m T T T -a 'a D D D n * < O O o �? fD (D fD n (D (D N N 0- 0- fD 0- v a 6 a F' In I� N N In ? I� ? F� I� N Dl CF) F-, I, F, Ol I� F, Ol Ol Ql I� Ol I� F, I� N al N al I� F, N lfn U"I U1 L n L n L n m m m Q1 Dl m m m Date(Gridlines Aligned with Saturdays) I Dccur �I F, N N Ln N N l0 F N W m N N Ln N N to N W Z Oo (D N T T ` T W O ' W o Z Z Z ru a M- -O - DQl DW OD Ul I— F, F- U'1 F- F" CT)CF) Ol I,F, I� I-� I� F� Ql Ol I, "' "' "' "' "n DOl Date (Gridlines Aligned with Saturdays)' m Q1 rn Q1 m m m vain v5. 111UU! :)erfnrmance 20C 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% -10.0% -20.0% -30.0% — -A— Industry % Chg Occ. Rate vs 2007/08 --*---Vail % Chg Occ. Rate vs 2007/08 ♦— Industry % Chg ADR vs 2007/08 t Vail % Chg ADR vs 2007/08 — ■— Industry % Chg Revenue vs 2007/08 --S-- Vail % Chg Revenue vs 2007/08 % 24.3% 015.6% • . -• 3.4% •. •...• •.• -2.1% • ♦ �- - 10or 90 0 '07/08 '08/09 vs'07/08 '09/10 vs'07/08 '10/11/vs 07/08 '11/12 vs 07/08 '12/13 vs'07/08 13/14 vs'07/08 14/15 vs'07/08 15/16 vs'07/08 - -. mdoebt "' • ♦— Industry % Chg ADR vs 2007/08 t Vail % Chg ADR vs 2007/08 — ■— Industry % Chg Revenue vs 2007/08 --S-- Vail % Chg Revenue vs 2007/08 % 24.3% 015.6% • . -• 3.4% •. •...• •.• -2.1% • ♦ �- - 10or 90 0 '07/08 '08/09 vs'07/08 '09/10 vs'07/08 '10/11/vs 07/08 '11/12 vs 07/08 '12/13 vs'07/08 13/14 vs'07/08 14/15 vs'07/08 15/16 vs'07/08 Estimated Skier Visits 85/86-15/16 and 4 Year Moving Average 62 .N F-3 c 0 54 N a-+ N_ a� 52 50 3 0 c v 48 r., MAI n M Ln rn Ln rn o ,,, Ip M Ln Ln ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti in'fo@DestiMetrics.com I www.DestiMetrics.com I 678 S Franklin 5t. Denver, �C So 1? I 30 -722-7346 20 INDEX 1. Introduction 2. Market Update 3. History: Winter2015/16 4. Outlook: Summer 2016 5. What you ought to know in'fo@DestiMetrics.com I www.DestiMetrics.com I 678 S Franklin St. Denver, �C 8�'2e9 I 30 -722-7346 21 Summer 2016 Business On the Books as % of 2015 total as of 5/31/10 2016 Nights 2016 Revenue 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% in'fo@DestiMetrics.com I www.DestiMetrics.com I 678 S Franklin St. Denver, CC 8�'2e9 I 30 -722-7346 L. • +21j + 10 ° +4% +14° +22° +83� 100% 80% +14% 20% 90% 80% 70% 101% n 7 w d 40% n n c w n 20% 0% May'16 Jun'16 Jul'16 Aug'16 Sep 16 Oct'16 Summer Total Data as of May 31 (2015/16 season) Historic Actual (2014/15 season) M Data as of May 31 (2014/15 season) f Percent Variance $300 $250 $200 d f9 n $150 w 13, rU a� Q $100 $50 $0 ■ ■■ +si� +lli +14i +19i +lli 0.3% +12% 0% 5% May'16 Jun 16 Jul 1r- Aug 1b Sep 16 Oct It. Summer Total Data as of May 31 (2015/16 season) M Data as of May 31 (2014/15 season) Historic Actual (2014/15 season) f Percent Variance ■ RevPAR Summer 2016 ■■ ■ ■ ■ Data of 2016 $175 +30% +22% +19% +35% I<S +35% +84% +29% H4% ' $150 I 80% U Industr70% $125 +18% 160% 3° �_ cc I $100 o rDA rrn 4 ^ u W 00 C C 00O W .1150%rD C v< I w =3v C . — w. a' > 40% a" ro $50 30% L m w rm, i 29% 30% $25 19°° r, I — 20% 10% May'16 jun'16 jul'16 Au 'I Sep'16 Oct'16 Summer Total Data as of May 31 (2015/16 season) M Data as of May 31 (2014/15 season) Historic Actual (2014/15 season) f Percent Variance 100% 80 °a 60 °a u u C Q V u a 40 % za Historic iaily Clr.minanin.v � -----.1 -----r-----If IW" On The Books Date (Gridlines aligned with Saturdays) Data as of May 31 (2415 /16) — Data as of May 31 (2014115) — Historic Actual (2014115) 0 %Occupancy change f6 Occupancy change as of last period -20% -40% -60% I C N N r N O O N W p N N 4 r N O b N T 7 > > > > � O1 T O1 01 � 01 p1 01 Ci � QI CI CI O1 m m m 01 01 01 � GI m m T GI Date (Gridlines aligned with Saturdays) Data as of May 31 (2415 /16) — Data as of May 31 (2014115) — Historic Actual (2014115) 0 %Occupancy change f6 Occupancy change as of last period I II11d11 — �— Industry % Chg Occ. Rate vs 2007 — ♦— Industry % Change ADR vs 2007 — ■— Industry % Change Revenue vs 2007 f Vail % Chg Occ. Rate vs 2007 t Vail % Change ADR vs 2007 --40---Vail % Change Revenue vs 2007 /o �w or ' .3% ,&35.3% r•'0.0 27.6% �.. -Io Olee2 2-. . -1 C%n/ 2007 '08 vs '07 '09 vs '07 '10 vs '07 '11 vs '07 '12 vs '07 13 VS '07 14 VS '07 15 VS '07 INDEX 1. Introduction 2. Market Update 3. History: Winter2015/16 4. Outlook: Summer 2016 mmmor 5. What you ought to know in'fo@DestiMetrics.com I www.DestiMetrics.com I 678 S Franklin St. Denver, �C 8�'2e9 I 30 -722-7346 29 destination U GRFA Hot Summer Nights (Tuesday Nights) MfrI�C N['AIN King of the Mountain Volleyball VaR-OCG 2 Vail Farmers' Market &Art Show (Sundays] Vail Farmers' Market Farm to Table Series Iliw I-- -A, h —�-- Bravo! Vail Music Festival SpooT$iiT Vail Lacrosse Shootout Vail Family Fun Fest (Saturdays) VAIL �6.5ea JAS Vail Jazz Festival 4A]LLNESf11+A1 r,�:o,o11141i Vail Arts Festival Vail Summer Bluegrass Series (Weds Nights) ff—fT,A-TTN_ I _ 31 Kick It 3v3 Soccer Championship Vail America Days [6LORADo>:a,k Colorado Cup 2015 - Bundesliga info ■ Desti Metrics.com I www.DestiMetrics.com• HIM#] am Group vs. FIT MDC Report Reservations Activity Report Daily Occupancy Report AS Df Apr 30, 2x16 AS Ot May31;2— AS Ot May31;2t13E AS Of May 31; 201h 11.10 % 30.40% Vail Town Council and Economic Advisory CounciL Meeting Vail, ca Oct.3 [ CRADR Fall Meeting Gird—d, AK OP Fly Vail OP Go I-70 OP Vail Valley Partnership OP Colorado Tourism OP Vail Recreation District C.A.S.T. OP Vail OP Town of Vail e Mountain Town News eP VEAC Reports Bilk 1 ort D tI etri Absolute UC,anpari on Series I2015j16]: Vail Group vs. Dail FIT Actuals throw April 30, 2016 106% 96% 130% a 7a56 a 60% } 40% 36% ia% 10% 0% ■a Veil Graup �Frr —.&-- Index 4Mil Goupvi Frr Chart 1.1 -Occupancy Rate, YM 2015116= Group vs. FrF -so 70 so E .5o i $Boo $7DO $6DO $7p7 I $ADD tt $300 $200 $iW cw Na rnter Deo rnber January Feb -eery Murch April Hi~6aric Chart 1.2 - Average D311-( Ram, YTD 2015115: GrDU D vs. FIT 11 H istori - 7D 66 7D J AD a 36 ZD ID 0 Morphing Bed Base Private Rent By Owner%r"ps ..._ RBO Airbnb Condos LA, ❑estiMetrics Hotels HomeAway.com Graphic representation not to scale. in'fo@DestiMetrics.com I www.DestiMetrics.com I 678S Franklin St. Denver, CO 802e9 1 302--722-7346 S On The Books I I e ■ ►rn nmmrrtI'll �M M M MMS �N FNNM -75% IJI Current Year Destination Events N ❑ N Q z 4N CNO Z NQ ■ WintefFest 20164Yk ID N IC c m m m a a a _ j j 2121;2016 - 2,'2512016 11181 . Lll l+l UI UI N VI V1 N 01 O1 ■ ■■ ■■ On The Books I I e ■ ►rn nmmrrtI'll �M M M MMS �N FNNM -75% IJI Current Year Destination Events N ❑ N Q z 4N CNO Z NQ IS N W Qi w ❑ WintefFest 20164Yk ID N IC c m m m a a a _ j j 2121;2016 - 2,'2512016 www.winterfest2016.net lA Lll l+l UI UI N VI V1 N 01 O1 Date (Gridlines aligned with Saturdays) Data as of Sep 30 (2015 f 16) Data as of Sep 30 (2014f] 5) Historic Actual (2014115) 0 % Occupancy change % Occupancy change as of last period • Cu rrent Year System Events • Current Year Destination Events • Previous Year System Events 0 Previous Year Destination Events 0+ 0+ DestiMetricsLL.TO Resort, Intelligence. Thank you.' 34 TOWN OF VAR' VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: 2016 Community Survey and Employee/Employer Survey Results PRESENTER(S): Suzanne Silverthorn, Director of Communications and Chris Cares, RRC Associates ACTION REQUESTED OF COUNCIL: Review the top-level survey results from the surveys, ask questions and determine if other discussions are of interest as additional follow up. BACKGROUND: The Town of Vail Community Survey is conducted every other year and is a key measurement used by the Town Council and staff to probe public policy issues and solicit feedback on other topics of community interest. It is also used to measure the town's operational performance. New this year, an Employer -Employee survey was conducted that offers additional insights on the topics of housing and transportation, in particular. ATTACHMENTS: Description 2016 Community Survey and Employee/Employer Survey Results Memorandum Vail Community Survey 2016 Report Employer/Employee 2016 Survey Results Vail Community Survey & Employee/Employer Survey Presentation June 21, 2016 - Page 63 of 529 TOWN OF Memorandum To: Vail Town Council From: Suzanne Silverthorn, Community Information Chris Cares, RRC Associates Date: June 21, 2016 Subject: Presentation of 2016 Community Survey and Employee/Employer Survey Results BACKGROUND The Town of Vail Community Survey is a key measurement used by the Town Council and staff to probe public policy issues and solicit feedback on other topics of community interest. It is also used to measure the town's operational performance. Conducted every other year, the 2016 survey was fielded in late -March with responses collected through April 18. New this year, an Employer -Employee survey was also conducted. The purpose of today's session is to provide a high-level overview of the survey results from both surveys, as well as an introduction in how to access and sort the more than 300 pages of written comments forwarded to the town. A narrative report on the results from the Community Survey is provided in a format similar to past reports. It contains benchmark comparisons to past surveys, community priorities, as well as preferences and themes related to the Town Council areas of focus. In addition, the Employer -Employee Survey is summarized in an overview set of PowerPoint slides. II. SURVEY METHODOLOGY The 2016 Community Survey was fielded using two techniques. The primary method of distribution was through a postcard mailed to all identified postal addresses in the Town of Vail using a list obtained from a commercial vendor. In previous years, all identified postal addresses in the Town of Vail were mailed a postcard addressed to "current occupant." This year, in an effort to personalize the postcard invitation and avoid mailing to vacant residences, the list only included addresses associated with a name based on a consumer list. All known part-time resident owners were also sent cards using a list from the Eagle County Assessor. A sampling of business owners was also mailed a copy of the Community Survey using a TOV Accounts Business list. The postcards for the Community Survey, followed by a reminder mailing, invited recipients to enter one of two unique passwords shown on the postcards to complete the survey online. Also, residents that had a password but requested (by telephone) to complete the survey using a paper form were provided a survey. The secondary method of survey distribution was based on the promotion of an "open" version of the survey designed to gather input from interested individuals that had not received the password -protected invitation. Together, these two response methods resulted in 1,253 completed surveys (690 from the Invitation sample and 563 from the "open link"). This is a larger response than in 2014 (779 responses). These two groups of respondents are referred to in the report as "Invitation" and "Open Link" participants. June 21, 2016 - Page 64 of 529 The Employer -Employee Survey was distributed using two different methods. Several of the largest employers in Town were contacted and requested to distribute an invitation to complete the survey on-line to their entire workforce that had digital access. These "large employers" included the Town of Vail, the Vail Valley Medical Center, Vail Resorts, Eagle River Water & Sanitation District and the Sonnenalp. Postcards were also sent to a sampling of business owners that had not received the Community Survey. These business operators were requested to complete the survey on-line themselves, as well as to distribute the survey to all employees. Together, these two types of outreach resulted in 792 completed surveys, as well as some partially completed forms. III. ACTION REQUESTED OF TOWN COUNCIL Review the top-level results of the Community and the Employer -Employee surveys as presented by Chris Cares of RRC Associates, ask questions and determine if other discussions are of interest as additional follow up. IV. ATTACHMENTS Vail Community Survey 2016 Report Vail Employer -Employee Power Point Summary Report Vail Community Survey 2016 Presentation Town of Vail Page 2 June 21, 2016 - Page 65 of 529 M I M Town of Vail Community Survey 2016 Final Report June 2016 Prepared for: Town of Vail Prepared by: RRC Associates, LLC 4940 Pearl East Circle, Ste 103 Boulder, CO 80301 303/449-6558 www.rrcassociates.com Contents AnOverview of Results...............................................................................................................................1 Key Findings from the 2016 Community Survey......................................................................................2 Demographic Profile of Respondents........................................................................................................9 Ratings of Satisfaction — Council and Departments...............................................................................16 Stateof Vail............................................................................................................................................16 Right Direction/Wrong Track?..........................................................................................................16 Government Accountability and Outreach......................................................................................20 Sources of Information.....................................................................................................................24 TownServices....................................................................................................................................26 PublicWorks......................................................................................................................................28 FireServices...................................................................................................................................... 31 PoliceServices.................................................................................................................................. 34 CommunityDevelopment................................................................................................................. 37 Parking...............................................................................................................................................40 BusService........................................................................................................................................45 Events................................................................................................................................................. 49 LibraryServices................................................................................................................................. 54 Evaluation of Topics of Policy and Broad Community Interest............................................................. 56 CommunityPriorities........................................................................................................................ 56 Community Infrastructure.................................................................................................................62 Housing.............................................................................................................................................64 Environmental Priorities................................................................................................................... 66 Parking...............................................................................................................................................71 FinancialPrioritization...................................................................................................................... 73 RRC Associates June 21, 2016 - Page 67 of 529 AN OVERVIEW OF RESULTS This summary provides an overview of selected survey results as well as an identification of some of the major themes and findings that emerged from the 2016 Community Survey. The 2016 Town of Vail Community Survey used methods virtually identical to those used in 2014, 2012, and 2010, permitting comparisons of results over time. As in past surveys, this year's program resulted in extensive open-ended comments (over 300 pages) as well as statistical measures of many topics that are of interest to the community. The comments are excerpted in the body of the report, and are also presented verbatim in the attachments with no editing, punctuation or spelling correction. In 2016, the surveys were fielded using two techniques. The primary method of distribution was through a postcard mailed to Town of Vail residents using a list obtained from a commercial vendor. In previous years, all identified postal addresses in the Town of Vail were mailed a postcard addressed to "current occupant." This year, in an effort to personalize the postcard invitation and avoid mailing to vacant residences, the list only included addresses associated with a name based on a consumer list. All known part-time resident owners were also sent cards using a list from the Eagle County Assessor. The postcards invited recipients to enter one of two unique passwords shown on the postcards to complete the survey online. Also, residents that had a password but requested (by telephone) to complete the survey using a paper form were provided a survey. The secondary method was the promotion of an "open" version of the survey designed to gather input from interested individuals that had not received the password protected invitation. Together, these two response methods resulted in 1,253 completed surveys (690 from the Invitation sample and 563 from the "Open Link"). These subsets of respondents are referred to in the report as the "Invitation" and "Open Link" groups. Survey invitation postcards arrived in Vail mailboxes during the early part of the week of March 7, 2016. Reminder postcards were sent to residents and seasonal residents about 10 days later. In addition, the Open Link Survey was advertised as available for completion starting on March 25. This was timed to be about three weeks after the initial postcard mailing. Through various ads, the public was invited to complete that version of the survey online but without a password. Both the Invitation and Open Link versions of the survey were closed at midnight on April 18. Responses from both versions of the survey were generally similar. As a result, much of the discussion focuses on the responses obtained using both methods of data collection. This provided the broadest cross-section of community opinion. However, the controlled Invitation group of respondents were also carefully tracked. The Appendix to this report contains a summary of survey responses dating back to 2005; it includes only responses from the Invitation (or random sample in 2005 and 2007) responses in order to establish directly comparable survey results. The 2016 Community Survey is one of a number of public outreach efforts conducted by the Town. It is important to recognize that the survey is considered a tool for gathering input rather than a vote or a referendum on the many topics that are explored. The survey results have been dissected in various ways to identify dominant themes and messages and these findings are explored in the full report that follows. RRC Associates 1 June 21, 2016 - Page 68 of 529 The presentation in the final report is organized into three major areas of discussion. First, a demographic profile of respondents is presented. Then, ratings of Town departments and services are evaluated using questions that allow comparisons to past surveys. In addition, a number of issues and topics of community importance are explored. This Policy and Community Interest section of the report focuses on policy - related questions that were identified to be of interest to decision makers and the community at large, with specific input from Town Council on survey questions and wording. Taken together, these responses provide a means of benchmarking the delivery of services over time. For the first time, in 2016 an "Employer -Employee" Survey was also distributed. It was fielded using two different methods. Several of the largest employers in Town were contacted and requested to send an invitation to complete the survey on-line to their entire workforce that had digital access. These "large employers" included the Town of Vail, the Vail Valley Medical Center, Vail Resorts, Eagle River Water & Sanitation District and the Sonnenalp. Postcards were also sent to a sampling of business owners that had not received the Community Survey. These business operators were requested to complete the survey on-line themselves, as well as to distribute the survey to all employees. Together, these two types of outreach resulted in 792 completed surveys, as well as some partially completed forms. The results of the Employer -Employee Survey are presented under separate cover. This survey provides a new information resource that profiles a segment of Vail's workforce, and also provides opinions on a variety of topics with particular focus on housing and transportation. This survey resulted in strong response from a relatively young, and frequently hard to reach, segment of the community and the findings are explored with emphasis on the age of respondents, whether they own or rent, and where they live in the Valley. It offer a new perspective on opinions of workers in the Valley, both those that live in Town, and outside. KEY FINDINGS FROM THE 2016 COMMUNITY SURVEY As noted above, this report is divided into three major sections: Demographics, Ratings of Facilities and Services, and Policy Discussions. Selected findings from each of these subject areas include: The Demographic Profile of Respondents The survey contained a number of demographic questions that provide a snapshot of the community, and are used to probe and analyze input from respondents. The total number of survey responses was up considerably this year (1,253 compared to 779 in 2014, the last time the survey was conducted). The improved participation was the result of increased publicity and outreach for the survey, including a second wave of reminder postcards that helped to encourage response. In general, the demographic profile of respondents is similar to past years, but with slightly more representation from those who are employed in Vail but do not live there. The differences in opinions by visitor type are explored in detail where they are helpful in explaining opinions on a particular topic. RRC Associates 2 June 21, 2016 - Page 69 of 529 Additionally, survey responses were broken out by other subsets of respondents including: location of residence within Vail, age cohort, and length of time lived in Vail. For the most part, the segmentation did not show large differences of opinion among residents; however, there are areas where differences exist such as ratings of bus service by where one lives, or opinions of environmental policies by age group. Ratings of Departments As with past surveys, Town departments were rated across a number of different measures (questions). In general, results were very positive with high levels of satisfaction across all departments. The Community Development Department in particular showed notable improvement, with strong gains in ratings across the board this year. The overall satisfaction levels with Town services and programs are high and continue to be steady—a positive finding from the 2016 version of the Community Survey. For most of the Vail Town departments, open-ended comments were collected along with ratings. The results from these ratings have been presented to the departments and provide additional information on the perceptions of the delivery of services. Both positive and negative comments were received, along with practical suggestions. Taken together, the comments provide one of the important products from the Community Survey program and offer a means of "listening" to residents and workers in ways not fully represented at meetings or through other existing channels. Policies and Priorities Right Direction or Wrong Track. Respondents began the survey by indicating their opinions regarding the general state of Vail. This question that has been tracked for over a decade asked, "Would you say that things in the Town of Vail are going in the right direction, or have they gotten off on the wrong track?" This year, about 64 percent of respondents said the TOV is going in the "right direction" (identical to 2014) and 18 percent of respondents indicated Vail is on the "wrong track" (compared to 22 percent in 2014). While the proportion of respondents indicating that Vail is going in the right direction is unchanged, fewer respondents said Vail is on the wrong track, suggesting positive improvement. Government Accountability and Outreach. The survey contained several questions designed to probe satisfaction with the Town government including: "approachability of staff and Town Council members," effort to provide information to citizens, public engagement opportunities, and collaboration in decision- making processes. The responses to these four questions were relatively lower than ratings of other areas of Town services. However, satisfaction with the three categories that were also asked in 2014 all showed positive improvement this year, indicating that some progress has been made. Collaboration continues to be an area of relative weakness, with under half (45 percent) of respondents reporting that they are satisfied. On an open-ended question about "hopes and expectations of the current Town Council," the comments provide extensive background on the views of citizens. Respondents frequently expressed positive anticipation of the new Town Council, hoping that the new members would bring creativity and diversity of opinion to the decision-making process. Consistent with the lower ratings for collaboration, many RRC Associates 3 June 21, 2016 - Page 70 of 529 respondents requested that Council members listen carefully to the needs of local residents and provide adequate opportunities for community input. Events. Vail has emphasized events as a component of economic development as well as to respond to community desires for entertainment and activities. A strong majority of respondents say events create a positive experience in Vail. On the question, "In general, how would you describe the experience that events create for you and your guests?" about 81 percent of respondents rate the experience positively, as a 4 or 5 on a five -point scale, down slightly from 2014 (84 percent) and 2012 (85 percent). Part-time residents view events slightly more favorably (84 percent) than year-round residents (76 percent). Most respondents, when asked, indicate that the Town holds "about the right number" of events (79 percent). Ten percent indicate there are too many events while 12 percent think there are too few. When compared to community response from the 2014 survey, opinions are more positive, with more respondents selecting "about the right number" and fewer selecting "too many" or "too few." The surveys also indicate high satisfaction for a variety of aspects of events that were evaluated: overall quality of events, event venue options, and bus transportation all have high satisfaction. The Events questions resulted in a number of open-ended comments that included both positive and negative sentiment. On the positive side, respondents note that events improve the quality of life in Vail and stimulate the economy. Others complained about crowding, lack of well-known performers, and lack of diversity in event type. Overall Priorities Based on a List of 9 Factors. The survey contained a number of questions related to topics of policy or overall direction. These were explored in detail by examining both the quantitative (statistical) results, as well as the large number of open-ended comments that were received. • Respondents were asked to evaluate nine topics that are of interest to elected officials and staff, using a rating scale of 1 to 5 with 1 being "not a priority" and 5 a "high priority." This question has categories identical to those asked previously, although in 201411 policy areas were probed. It is also similar to but not identical to survey questions from both 2012 and 2010. The general conclusion is that priorities identified in the past remain top priorities in 2016. All of the topics or categories that were evaluated received ratings above 3 on the five -point scale and all received over 50 percent of responses earning a rating of 4 or 5. In other words, all of the priority areas evaluated are of importance or priority to the community. It is notable that "Focus on housing for middle income and service worker households in vital support roles" exhibited a surge in 4 and 5 ratings this year (70 percent vs. 56 percent in 2014), and was noted as a priority continuously in open-ended responses throughout the survey. When asked to list the top two priorities, the most frequently mentioned actions were as follows: RRC Associates 4 June 21, 2016 - Page 71 of 529 o Focus on housing for middle income and service worker households in vital support roles o Economic vitality o Budget and capital management o Actions to protect and enhance Gore Creek o Environmental sustainability Housing. Affordable and adequate housing for employees in the Town of Vail was one of the top issues that came up repeatedly throughout the survey results. Respondents identified housing as their top priority among all of the community issues and also allocated the most funding towards it in a monetary exercise designed to determine top financial priorities (discussed below). Housing emerged prominently from the open-ended comments as well; many respondents are concerned about the issue and feel it needs to be addressed by the Town. Techniques to expand workforce housing opportunities were examined thoroughly this year in a new series of questions. Respondents are highly supportive of various techniques to address the housing problems present in Vail. On a scale from 1 to 4 where 1 is "not at all supportive" and 4 is "very supportive," respondents rated four proposed techniques to expand workforce housing. Increasing the requirement for contributing to workforce housing among developers (77 percent gave ratings of 3 or 4), permitting required housing to be built down -valley (75 percent), requiring a contribution to workforce housing for residential development (68 percent), and permitting increased density in limited locations or circumstances (57 percent) all received larger shares of supportive respondents than unsupportive respondents. Environmental Policies and Priorities. The survey contained three questions that explored various aspects of environmental policy. Note that "Actions to protect and enhance Gore Creek" and "Environmental Sustainability" were each identified as top priorities by about one in five survey respondents (see discussion above), an indication of importance and broad support but not at the top of the list in terms of overall considerations from the community. Regarding environmental sustainability program focus areas, the general conclusion is that respondents place high importance on recycling and waste reduction, renewable energy projects in town, and dark sky protections. Expanding plastic bag regulations is a relatively controversial issue based on survey results, with roughly equal shares identifying it as "important" and "unimportant." Year-round residents placed greater importance than part-time residents on most of the focus areas, as did younger respondents compared to older age cohorts. This finding is notable and deserves attention as the Town considers the opinions and needs of younger residents as an element of long-term planning and positioning. In a consideration of Gore Creek water quality, respondents identified barriers that prevent them from using environmentally -friendly landscaping practices on their property. The top barriers were the HOA's responsibility for landscaping or HOA rules and a lack of knowledge of eco -friendly practices, each identified as a barrier by roughly half of respondents. Conversely, the lack of visual appeal of native plants RRC Associates 5 June 21, 2016 - Page 72 of 529 and vegetation, costs of eco -friendly landscaping, and lack of eco -friendly landscapers were identified by less than a quarter of respondents as barriers to environmentally -friendly landscaping. A final question regarding environmental policy had respondents rate their level of support for three practices designed to mitigate and limit wildfires. Over three-quarters of respondents indicated support for each of the methods, including the creation of defensible space on individual properties (83 percent), modifying design standards to facilitate the creation of defensible space (82 percent), and the evaluation of the defensible space around each home by trained personnel (80 percent). These findings indicate that respondents are highly receptive to wildfire prevention policies. Parking. Concerns, ideas and constructive suggestions are all obtained through the sequence of parking - related questions on the survey. Parking is discussed in detail in the Ratings section of this report but it is also a recurring theme in terms of community priorities, financial prioritization, and written comments. The data provide information that can be used to explore policy options and ground decisions should additional considerations of parking occur. On the operational side, various aspects of parking operations continued to receive high ratings (booth attendant courtesy, structure cleanliness) but fees/pricing structure continues to receive low satisfaction ratings (only 32 percent provided a rating of 4 or 5, while 35 percent provided a rating of 1 or 2). Several new categories were introduced this year, including ease of parking in summer, which received strong ratings. The ease of parking in winter, and convenience and safety of overflow Frontage Road parking received relatively low satisfaction ratings. A series of quantitative questions were asked with regards to parking, including, "Is there enough parking in the Town of Vail in the summer, and in winter? Respondents generally feel that summer parking is adequate — 70 percent said "yes," there is enough parking, 20 percent responded "no," and 8 percent were uncertain. Winter parking, on the other hand, is not adequate, as only 19 percent said there is enough parking in Vail during the winter, 68 percent said there is not, and 12 percent were uncertain. Respondents were also asked about pricing structures for parking. A strong majority (79 percent) indicated that they would not support charging a fee for parking in public lots in Vail during the summer months. Only 12 percent were supportive and 9 percent were uncertain. Given the high ratings of ease of parking in the summer and large share of respondents indicating that summer parking is adequate, this resistance to a summer parking fee is not surprising. Respondents under age 35 were particularly likely to oppose charging a fee in the summer (92 percent) when compared to those age 65 or older (74 percent). When asked about whether parking rates should be based on demand with higher rates during the busiest times and lower rates when there is little demand, respondents were split down the middle, with 39 percent responding "yes" and 42 percent responding "no," and with a substantial segment (19 percent) that "don't know." Parking passes were evaluated. About three-quarters of respondents do not own such a pass or card. Most current pass holders intend to renew a pass (79 percent "very likely" and 6 percent "likely"). RRC Associates 6 June 21, 2016 - Page 73 of 529 However, there remains a major segment generally unlikely to purchase a parking pass next year, with 68 percent responding 1— "Not at all Likely." Given the concerns for parking, there may be opportunities to continue to refine pass offerings for different local segments of users and to expand communications about the programs to address a segment that indicated that they "didn't know about them." Financial Prioritization. A new question this year had respondents prioritize five improvements for the Vail community relative to one another by allocating $100 across the various categories to best reflect their priorities. Housing emerged at the top of the list, with respondents allocating the most on average towards expanded housing opportunities for middle income and service worker households ($27). Parking improvements to add capacity at peak times, actions to protect and enhance Gore Creek (each $20), and transportation improvements ($18) followed closely. The creation of a sizable enclosed space to support cultural and community activities and events was the lowest priority, with an average allocation of $11. The dominance of housing, parking, and the environment in this financial exercise is consistent with top priorities noted throughout the survey. Community Infrastructure. When asked for their opinions on the addition of a sizable enclosed space to support cultural and community activities and events, respondents were fairly split. Roughly equal shares identified such a facility as important (47 percent) and unimportant (46 percent), and an additional 8 percent didn't know. Younger respondents more commonly identified this infrastructure as important, with 55 percent of those under age 35 identifying it as important compared to 40 percent of those 65 or older. A follow-up open-ended question had respondents specify what type of enclosed space they would like to see. Frequently mentioned types of spaces included multi-purpose spaces, a concert/performing arts venue, a conference/convention center, and a recreation/community center. Despite the disagreement among respondents on the importance of this space, an enclosed space ranked considerably lower than other priorities on the financial prioritization exercise (discussed below), indicating that respondents generally feel that other issues should take precedence over enclosed space. Selected Key Themes and Findings to be Noted as Vail Looks to the Future • Housing is a key concern as measured in a variety of ways. There is support for giving housing attention and perhaps strengthening requirements designed to help create more housing. Additionally, the surveys resulted in about 160 respondents indicating interest in Chamonix and providing contact information. These individuals represent a source of applicants and should be considered for outreach as the project moves forward. The open-ended comments regarding a variety of topics call out housing as a concern. These results are evident from both the Community and Employee -Employer Surveys and provide additional information and "color" regarding the depths of feeling related to housing issues. Particularly the younger segment of the community is calling for action and change, and there is some frustration and concern for the plight of the workforce in Vail, and the challenges of staying in the community over time. These types of themes were evident in both surveys this year, but there was particular frustration expressed by workers through the Employee -Employer survey. RRC Associates 7 June 21, 2016 - Page 74 of 529 • Parking concerns are also expressed by survey respondents, both through the quantitative survey questions (the statistical measures) and the open-ended comments. However, this topic is complicated and opinions are less clear than those related to housing as a priority. For example, there is much more support for attention to parking for residents than visitors. And there are differences in opinions by age, with the younger members of the community placing less weight on this concern. There are also some associations between opinions on environmental issues and parking issues, with notable differences in opinions by age of respondents. As Vail looks to the future, and considers policy directions and alternatives related to parking, the environmental aspects of transportation and parking may merit consideration if new programs are considered by the Town. Opinions are clear on several aspects of parking. Parking in winter is viewed as a problem by most, but summer parking is generally not perceived as a problem. There is very little support for paid parking in summer. However, the idea of demand -based pricing for parking did receive some support (about 39 percent) with 18 percent uncertain. Clearly, this suggests that there might be opportunities to consider management strategies to reduce the impacts of peak parking, and there may be significant support for such efforts if those that currently don't have opinions can be convinced that new programs will be of benefit. • Opinions of Millennials and likely retirees. The survey results were probed in a variety of ways. Particular attention was given to the opinions expressed by the younger segment of respondents (millennials 34 years and younger). This is an age cohort that has been of interest in recent years and the opinions of this segment deserve attention, particularly as Vail looks to the future. Additionally, the opinions of older residents are also worthy of attention. For example, the survey showed that up to about 25 percent of seasonal resident (second homeowner) respondents indicate they are interested in retiring to their residence in Vail. And most of these respondents intend to retire within the next 2-3 years (21 percent), or 4-10 years (48 percent). In other words, Vail is likely to continue to see growth in full-time residents that are retired, and this segment will require (and expect) some different services, and may reflect new priorities in the future. • Vail's E -services List. The Community Survey resulted in a relatively large number of respondents asking to be placed on the Town's E -services list (over 300 requests). This list has grown gradually each year and has become an efficient and valued (by survey respondents) means of communication with residents and workers. Particularly because the Town's Website and E - services are identified as important sources of information by younger residents, building the e- mail list and using digital resources for communications should continue to be a priority. Further, the surveys suggest that there is interest in improved and expanded information about local government and this topic merits continued attention as Vail looks to the future. RRC Associates 8 June 21, 2016 - Page 75 of 529 DEMOGRAPHIC PROFILE OF RESPONDENTS The survey contained a number of demographic questions, the results of which are used to understand input from respondents. Unless otherwise noted, the narrative description of results will focus on the combined responses from the Invitation and Open Link respondents. Overall, community response to the 2016 Survey is representative of a wide range of views—younger and older community members, families with children at home and those without, renters and owners, and more recent and longstanding members of the community (including year-round and part-time residents). Respondent Profile. More than half of all respondents identified as year-round residents, living in Vail 11 or more months out of the year (51 percent). An additional third of respondents are part-time residents, followed by 16 percent of respondents who live elsewhere (mostly made up of those that work in the Town but live down -valley). While full-time and part-time residents have the most prominent representation within the survey results, feedback from those who work in Vail, or receive their mail there, rounds out the perspective of the Town experience. Figure 1. Resident Profile Employment Status. Most respondents work 8 months or more a year in the Vail Valley (47 percent). An additional 21 percent are currently employed outside of the local area, closely followed by 20 percent who are retired. Four percent of respondents work 7 months or fewer in the Vail Valley, 3 percent are homemakers, and 4 percent identified their employment status as "other." There were some differences in employment profile between Invitation and Open Link respondents as summarized below. RRC Associates 9 June 21, 2016 - Page 76 of 529 2016 Overall By Survey Version Year-round resident (11+ 51% 47% months/year) M 57% Part-time resident 33% t=020% 42% Employed in the town of Vail■ 10% 4% but don't live there -117% ■ Invitation Link Non-resident owner of 4% ■ Open Link business/commercial property' ° 4 /O 4% Get mail in the town but don't ° ' 3 /O 3% 13% live or work there 0% 10% 20% 30% 40% 50% 60% 0% 10% 20% 30% 40% 50% 60% Percent Responding Percent Responding Employment Status. Most respondents work 8 months or more a year in the Vail Valley (47 percent). An additional 21 percent are currently employed outside of the local area, closely followed by 20 percent who are retired. Four percent of respondents work 7 months or fewer in the Vail Valley, 3 percent are homemakers, and 4 percent identified their employment status as "other." There were some differences in employment profile between Invitation and Open Link respondents as summarized below. RRC Associates 9 June 21, 2016 - Page 76 of 529 Figure 2. Employment Status and Work Location 2016 Overall Work 8 months or more a year in the local area (Vail Valley) - Currently employed outside of the Avon local area (work on Front Range,■ 21 % out of state, etc ) Not employed: retired ■ 20% Employment Work 7 or fewer months a year in 14% Status the local area (Vail Valley) 8% Other 14% Not employed: homemaker 13% Not employed: unemployed 1 % and/or looking for work 13% In the town of Vail 47% By Survey Version - 38% 62% _ 29% 9% 21% 18% 4% 4% ■ Invitation Link _ 4% 10 Open Link 3% `3% 4% 1% 0% 87% 83% 79% June 21, 2016 - Page 77 of 529 12% Avon 12% 13% 8% Edwards 10% 13% 7% Beaver Creek 9% � 11% Where is your 7% work location in Eagle Vail ' 6% the Vail Valley?5% 5% Eagle 6% 7% 6% Other I4% 3% 12% Gypsum 3% 1' 4% 12% Minturn 29/. 12% 0% 20% 40% 60% 80% 100% 0% 20% 40% 60% 80% 100% Percent Responding Percent Responding RRC Associates 10 June 21, 2016 - Page 77 of 529 Location of Residence in the Town of Vail. Over three-quarters of respondents (78 percent) indicated that their residence, either year-round or seasonal, is located within the Town of Vail. Among these respondents, approximately one in four live in East Vail (26 percent). The next most reported locations of residence include West Vail (15 percent), Potato Patch, Sandstone (12 percent), Intermountain (8 percent), Vail Village (7 percent), and Matterhorn, Glen Lyon (6 percent). Is your residence (either year-round or seasonal) within the town of Vail? If your residence is within the Town of Vail, where? Figure 3. Location of Residence 2016 Overall By Survey Version Yes 78% 86% 65% No - 22% East Vail = 26% West Vail (north of 1 70) ■ 15% Potato Patch, Sandstone .12% Intermountain ' 8% Vail Village ' 7% Matterhorn, Glen Lyon ' 6% Lionshead ' 5% Buffehr Creek, Lionsridge,' 5% the Valley Booth Falls and Bald 14% Mountain Road areas Other I4% Vail Commons/Safeway I3% area Golf Course 13% Not a resident of the town 11 % of Vail Booth Creek/Aspen Lane 11 % 1014% 35% 29% 20% 13% 18% 12% 12% JE 8% li� O 7% 6% 9% 5% 8% 5% 6% 5% 6% 4% 4% 4% 5% 3% 12% 13% '2% 10% 11% 11% nvitation Link pen Link 0% 20% 40% 60% 80% 100% 0% 20% 40% 60% 80% 100% Percent Responding Percent Responding Own or Rent. A majority of respondents own their residence (84 percent), rather than renting (14 percent). Ninety-eight percent of part-time residents own their residence, while 76 percent of year-round residents own their homes. RRC Associates 11 June 21, 2016 - Page 78 of 529 Length of Time in Vail. Overall, most respondents have lived or owned property in Vail for a number of years. About 20 percent have lived in the Town for 6 to 15 years and 47 percent have lived in the Town for more than 15 years. Three percent are new to Vail, having lived in the Town for less than a year, and 17 percent have lived in Vail for 1 to 5 years. Own Do you own or rent Rent your residence? Other Figure 4. Own or Rent and Length of Time in Vail 2016 Overall Less than 1 year 13% ■How long have you 1-5 years 17% lived within the Town of 6-15 years - 20% Vail (or owned property if a non-resident)? More than 15 years 47% Not applicable .12% 0% 20% 40% 60% 80% Percent Responding By Survey Version 84% 9% 24% = 90% 75% 1% 2% 14% 2% Invitation Link 15% Open Link 21% _ 23% �17% = 52% 38% 6% 23% 106% 0% 20% 40% 60% 80% 100% Percent Responding Business Ownership. Approximately 16 percent of respondents own or operate a business within the Town of Vail. Voter Registration. The sample is split almost evenly relative to whether the respondent is a registered voter in Vail. Forty-four percent of respondents are registered to vote and 56 percent are not. Figure 5. Business Ownership and Voter Registration 2016 Overall By Survey Version Do you own or operate Yes .16% � 16°x° a business within the 84% Town of Vail? No 84% 84% ° 43% Are you a registered Yes 44 /o - 46% voter in Vail? No 56% 57% 54% 0% 20% 40% 60% 80% 100% 0% 20% 40% 60% 80% 100% Percent Responding Percent Responding RRC Associates 12 June 21, 2016 - Page 79 of 529 Gender. There was near equal response among males and females (48 and 52 percent, respectively). Age of Respondent. The average age of all respondents is 56.9. Approximately 12 percent of respondents are under age 35, 62 percent between the ages of 35 and 64, and 26 percent aged 65 or older. Household Profile. There was relatively even distribution of household types among respondents. The highest share of respondents are empty -nesters with children no longer living at home (29 percent), closely followed by households with children at home (26 percent). Near equal shares of respondents are either couples without children (24 percent) or singles without children (20 percent). Figure 6. Gender, Age, and Household Profile RRC Associates 13 June 21, 2016 - Page 80 of 529 2016 Overall By Survey Version 49% Female 52% 56% Gender 51% Male 48% 44% 18-24 I0% 0% Average Age 11% Invitation Open Average Age M7% Link Link 25-34 ■ 11% 58.5 54.1 Overall � 18% 56.9 _ 12% 35-44 - 15% IIIIIIIIIIIIIIIIR 19% 18% Age 45-54 - 18% 18% 33% 55-64 29% 23% 65-74 _ 21% 23% 17% ■ Invitation Link 6% ■ Open Link 75 or older ' 6% 5% 18% Single, no children - 20% 24% 25% Couple, no children _ 24% Household 23% Status Household with24% children living at home M 26% 29% Empty -nester, children 29/O ° 33% no longer at home - 24% 0% 20% 40% 60% 0% 20% 40% 60% Percent Responding Percent Responding RRC Associates 13 June 21, 2016 - Page 80 of 529 Residential Characteristics of Part -Time Residents. Part-time residents were asked a series of questions about their residence in Vail. When asked about how frequently they use their Vail residence for various purposes, the top use is as a vacation home for the owner or guests of the owner with an average usage of 15.4 weeks per yearforthis purpose. On average, part-time residents use their Vail home as the primary residence for the owner 6.5 weeks per year, as a short-term vacation rental 4.8 weeks per year, and rented long term to a local resident 1.4 weeks per year. Those who rent short-term generally rent through a management company (52 percent) or rent it out themselves/through online social sources like Airbnb or VRBO (39 percent). However, part-time residents said their residence is typically vacant for a significant portion of the year, amounting to 23.4 weeks on average. In five years, many respondents see their residence being used for similar purposes, with 63 percent indicating that it will likely be used as a vacation home for the owner or guests of the owner, 18 percent as a primary residence for the owner, and 12 percent as a vacation rental to visitors or tourists. A quarter of part-time residents (26 percent) indicated that they intend to retire to or in Vail and use their home as a retirement residence within the next five years. Most part-time residents are fairly close to retirement, with three-quarters (76 percent) indicating that they plan to retire within the next ten years. Figure 7. Average Weekly Use per Year of Residence by Purpose among Part -Time Residents 2016 Overall By Survey Version Vacation home for owner or guests of owner 15.4 - 14.9 17.1 Primary residence for owner - 6.5 6.5 6.7 Short-term vacation rental .4 8 5.2 3.4 Rented long term to local resident' 1.4 1.8 0.0 Other use 0.2 0.0 10.6 Business/corporate functions 0.0 0.0 0.0 Vacant -not occupied 23.4 23.223 9 0 10 20 0 10 20 Average Number of Weeks Used Per Year Average Number of Weeks Used Per Year RRC Associates 14 June 21, 2016 - Page 81 of 529 Figure 8. Future Residential Use and Retirement Plan of Part -Time Residents 2016 Overall A vacation home for owner or guests of owner I intend to retire to/in Vail and use- 26% home as retirement residence As a primary residence for my ■ 18% household, the owner How do you expect to be using Vacation rental to visitors/tourists 0 12% your Vail home five years from Don't know/uncertain' 5% now? I intend to sell my home within 12% the next five years Rented long term to local 11 % resident Other 0% Less than 1 year 13% 1 year ' 5% -When do you plan 2-3years 19% to retire? 4 - 10 years 49% 11 - 20 years 21 or more years ■ 15% By Survey Version 63% 62% 68% 29% _ 16% _ 19% 13% 13% 9% 4% 9% 2% 4% Invitation Link 2% Open Link 1 9% 0% 20% 40% 60% Percent Responding 1% 3% 3% 17% X21% =11% 48% - 50% X15% 17% M 9% .6% 80% 0% 20% 40% 60% 80% Percent Responding Note that an important purpose of the demographic questions summarized in the preceding section is to provide a means to segment (or "crosstabulate") responses to other survey questions, including those presented below. Tables that break survey responses down by age, gender, household makeup, length of time living in Vail, and voter registration have been presented to the Town under separate cover. They provide a means of exploring opinions in greater detail than simply looking at the total responses to a particular question. RRC Associates 15 June 21, 2016 - Page 82 of 529 RATINGS OF SATISFACTION — COUNCIL AND DEPARTMENTS State of Vail Right Direction/Wrong Track? Respondents began the survey by indicating their opinions regarding the general state of Vail. A question that has been tracked for over a decade asked, "Would you say that things in the Town of Vail are going in the right direction, or have they gotten off on the wrong track?" This year', about 64 percent of respondents said the TOV is going in the "right direction" (identical to 2014) and 18 percent of respondents indicated Vail is on the "wrong track" (compared to 22 percent in 2014). Figure 9. Right Direction or Wrong Track? - by Year Right direction 18% 22% Wrong track 18% 28% 30% 18% 14% Don't know 13% 14% 12% 64% 64% 70% 58% 58% ■ 2016 02014 ■ 2012 ■ 2010 ■ 2007 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 55% 60% 65% 70% 75% Percent Responding Responses for this question were broken out by survey type, residency status, and respondent age. As is depicted below, responses are generally similar among all resident type segments. However, year-round residents were least likelyto report thatthe Town is moving in the "right direction" (61 percent) compared to all other residents, and were most likely (21 percent) to indicate that the TOV is on the "wrong track." Results varied considerably by age, with younger respondents less frequently saying Vail is moving in the "right direction," including 56 percent of those under age 35 and 60 percent of those age 35 to 44. Older respondents were also less likelyto select "right direction" (61 percent of those 65 or older), while middle- aged respondents were generally more satisfied with the direction of the TOV (71 percent among respondents age 45 to 54, 69 percent age 55 to 64). Note that two years ago the language of the question was changed slightly. Since 2014 it has read, "Would you say that things in the Town of Vail are going in the right direction, or have they gotten off on the wrong track?" In previous years it included the words "pretty seriously" to describe being off track — "Would you say that things in the Town of Vail are going in the right direction, or have they pretty seriously gotten off on the wrong track?" RRC Associates 16 June 21, 2016 - Page 83 of 529 Figure 10. Right Direction or Wrong Track? – by Survey Type, Residency Status, and Age (2016) Overall 64% :' ■ Right direction ■ Wrong track ■ Don't know Invitation Link 0'. 77. Open Link .' . —20% Year-round resident 18% Part-time resident 66% .'. 18% Employed in TOV but don't live there 67% . .' . 16% Get mail in TOV but don't live/work there 68% .' . 16% Non-resident owner of business . ' . M 28% Under 35 .' . 23% j 35 to 44 0 45 to 54 55 to 64 . • ' . ��� 65 and older ' 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding The open-ended comments provide additional input concerning the ratings of the direction of Vail as measured this year. The comments were segmented by whether respondents selected "right direction" or "wrong track" and analyzed with word clouds and word counts, depicted on the following page. In the word clouds, the size of the word correlates directly to the number of times it is mentioned in the comments. Next to each word cloud is a graph of the top ten words to provide additional context. To provide richer analysis, words like "Town" and "Vail" have been eliminated. Respondents who indicated that Vail is moving in the "right direction" frequently cited positive words such as "great," "good," "well," and "right." Top words also focused on specific policies, including "housing," "events," and "development." Those said Vail is on the "wrong track" often mentioned some of the issues facing the Town, including "parking," "housing," and "events." A summary of the comments is provided below along with verbatim comments. For a complete list of comments click here: (VIEW COMMENTS). RRC Associates 17 June 21, 2016 - Page 84 of 529 Figure 11. Right Direction or Wrong Track? - Word Cloud and Word Count Comment Analysis Comments From Respondents Selecting "Right Direction" valley looks seem cramonix improvements time round" -on OPmftrnade affo rda ble thi n k summeroverall,,,..:. �IS�wlaavfkgor evinq bV"e infrastructu:r"es continues V. StOfS tyrsq ,�St people Udder assrmakim growth housingnt -communitye always donetYe tsf� ewgloi ;; reMy rp"vecaul ILII park employee cr�ao�, need resort servicesright things expenerue yearar jobpiacekeep 4,`i ""activities famikes live roads vi�laget� p8rkingdireCfion years much 1ve mountain residents working 1, l lxintr mountain projects local lotclean yyaY lllsdikE locus stlfl etc see Comments From Respondents Selecting "Wrong Track" wni r frontage high new etc Council issue quests look eXNrL ve resort Dple, ive Mao spendnq f-eSfJrtS tourf5t50Cadeneult traffic WCIk one• wed employee year nowthingsn0� C4lJr5e experlenGt? g0ast area readwest get workinq ,affor auu money�"''�road plarkingemployees d Q making think 1 1 o u s i littlemu " h nlr ed �"ninq , needs become q.Ski It summer department mountain residentscommunit ' d1P W0, wWrhorne ust dewe,opmentlocals w- businel IVC�F11t'31 Wa]IVelfej( lack y..,�, L i f +;r + Staff affordable f43 IbUIICiIriL� also used village qudldy tov owrtersgov,t flake better Ye'3's golf rather homes great - 56 housing - 55 good - 54 new - 48 well - 47 events - 37 community - 36 right _ 32 development _ 31 council _ 28 0 20 40 60 Number of Mentions parking - 34 people - 34 housing - 32 many - 26 need - 24 residents - 24 feel - 22 events - 21 community - 20 council - 18 Some of the favorable and negative comments received this year are presented below: 20 40 Number of Mentions Among those who feel that the Town is headed in the "right direction," respondents noted Vail's attention towards hot -button issues like affordable housing and environmental initiatives, focus on both the guest and resident experience, investments in infrastructure and events, the cleanliness and general aesthetic of the Town, community services, and the leadership of Town Council and helpfulness of staff: • 1. Quality of the elected officials 2. Physical infrastructure of the Town 3. Openness of government • Building local housing is a positive. • Everything looks great and the energy feels good. • Good, attentive governance that takes the time to consider the views and needs of residents. • 1 feel that Vail's growth has been a good thing for the Town. The additions to the Town bring in more consumers, which is beneficial for our economy. • 1 think that (other than parking, and affordable living for workers) Vail looks good, the appearance of the lighting in the winter and the flowers in the summer are beautiful, the offerings for RRC Associates 18 June 21, 2016 - Page 85 of 529 entertainment at Vilar and Ford Amphitheater are excellent and every town has issues, but Vail has worked hard to make it appealing. • Investment in infrastructure, balance between out of town global and national visitors and front range/local interests. • Love living here, all public service provided is top notch. • Nice town, well run, with year 'round activities. • Public Safety in both police and fire seems excellent. The bus transportation is excellent - the employees are friendly and the service is prompt and on time. The development of new buildings seem well thought out. The city is clean and people seem happy to visit the area. • Taking proactive measures such as the Gore Creek Reparation, updating the Booth Falls playground, trying to develop and design the Chamonix lot and having public input meetings regarding projects separate from council meetings are all positive steps. • The Town Council members truly care about the Town. • There seems to be a reasonable balance between doing good things to develop the Town and make it more exciting without breaking a reasonable spending level. • Town is looking for ways to continue thoughtful development as well as be environmentally conscious. • Vail is making many necessary changes and upgrades to keep us competitive with other ski towns in the US. Comments differ among those that said the Town is on the "wrong track". These respondents commented on the lack of attention given to second -home owners and locals, overdevelopment and overcrowding, the impact of special events, the lack of parking, and the loss of community character: • Becoming too high-rise and too crowded in the summer. • Epic pass traffic is degrading this town during the winter. All park and ride lots are full leaving locals without carpool options, traffic congestion along frontage road is awful and the amount of ski traffic is forcing destination visitors to choose other resorts. lust look at our ranking the past 5 years to see how the industry views our resort. • /fall somewhere in-between right direction and wrong track - 1 think that the Town is doing right and then 1 see information on recycling that is posted on a dumpster and to my knowledge nothing regarding recycling right of way has been published in the newspapers or anywhere else. Also quantity seems to be the norm rather than quality of the people who are encouraged to come to Vail. • 1 think we are crowding our town with too many 'events' mostly in the summer. 1 understand that we are a resort, but Vail is also our home. Things are getting overcrowded and it is putting pressure on areas that are already problematic i.e. parking. • Need more nightlife, apres ski scene and restaurants. No more retail. • Seems to lack supervision all the way down the chain of management. Departments do not work together. • The Town and its constituents are too heavily influenced by the financial interests of Vail Resorts. In the past, this relationship was more mutually beneficial. That relationship has shifted to a parasitic one where the corporation enjoys benefits that the Town and its residents miss out on. One need only look at the steady reports of record profits to shareholders while the Town remains with the problem of housing cheap labor to reap those profits for the corporation. • Things are too expensive. We need a local grocery store. People are begging for this. RRC Associates 19 June 21, 2016 - Page 86 of 529 • Too much growth...... lived here 35 years and it doesn't feel like a 'town' anymore. Most of us moved here to get away from the city... but they keep building 'bigger and better' nonsense. Understand it's good for business but feel like we should stop and take a breath. • We feel the homeowners have little say in what they Town Council decides for our community growth. Government Accountability and Outreach The survey contained a set of questions designed to evaluate satisfaction with accountability and outreach by the Town. A series of four questions asked respondents to report their satisfaction with the Town of Vail local government in terms of providing information to citizens about what the local government is doing, offering public engagement opportunities, being collaborative in the decision-making process, and, in a new question this year, the approachability of staff and Town Council members. Average responses showed general satisfaction, with local government earning a 4.0 average on approachability of staff and Town Council and a 3.9 average on both providing information to citizens and offering public engagement opportunities. A majority of respondents rate these categories as a 4 or 5. Respondents were slightly less satisfied with the local government's collaborative qualities, giving collaboration an average score of 3.3, with roughly one in five (21 percent) of respondents dissatisfied. The collaborative aspect of decision- making is a relative weakness that is expressed throughout the survey results. Opinions of the Town of Vail local government were slightly more favorable this year relative to 2014, with small increases in satisfaction noted in the three categories that were rated in both survey years. The local government received a slightly larger share of respondents giving 4 and 5 ratings for providing information to citizens (68 percent vs. 63 percent in 2014), offering public engagement opportunities (66 percent vs. 62 percent in 2014), and being collaborative in the decision-making process (45 percent vs. 44 percent in 2014). Though marginal, these gains in satisfaction indicate that the TOV government is moving in a positive direction. RRC Associates 20 June 21, 2016 - Page 87 of 529 Figure 12. Satisfaction with Local Government Information (2016) Approachability of staff and Town Council members 32% 19% Providing information to 33%° 24 /° citizens di Offering public engagement opportunities ° 35 /0 o 26 /o Being collaborative in EMLML8-ja °decision-making process34/o ■ 1=Not at all satisfied 0% 10% 02 20% 30% 40% 50% 50% 70% 80% 90% 100% Percent Responding 3 ■4 ■ 5=Very satisfied Opinions of the Town of Vail local government were slightly more favorable this year relative to 2014, with small increases in satisfaction noted in the three categories that were rated in both survey years. The local government received a slightly larger share of respondents giving 4 and 5 ratings for providing information to citizens (68 percent vs. 63 percent in 2014), offering public engagement opportunities (66 percent vs. 62 percent in 2014), and being collaborative in the decision-making process (45 percent vs. 44 percent in 2014). Though marginal, these gains in satisfaction indicate that the TOV government is moving in a positive direction. RRC Associates 20 June 21, 2016 - Page 87 of 529 Figure 13. Satisfaction with Local Government Information by Year Percent responding "Very Satisfied" (4 or 5) Approachability of staff and 71% Town Council members Providing information to 68% citizens 63% Offering public engagement 66% opportunities 62% ■ 2016 - Being collaborative in 45% ■ 2014 decision-making process 44% 0% 10% 20% 30°% 40% 50% 60% 70°% 80% 90% 100% Percent Responding When assessed by resident type, we can see variation in response patterns. All resident segments gave similar average ratings for approachability of staff and Town Council, while non-resident owners of business or commercial property were somewhat more satisfied with the information provided to citizens (4.1). Regarding public engagement opportunities, those who get mail in the Town but don't live or work there gave a relatively lower average rating (3.6), though a small sample size necessitates caution in the interpretation of these results. Year-round residents were the least satisfied with the local government's collaboration in the decision-making process (3.3), while non-resident owners of business or commercial property (3.5) and respondents who get mail in the Town but don't live or work there (3.7) were generally more satisfied. Figure 14. Satisfaction with Local Government Information by Survey Version & Residency Status (2016) Average Satisfaction Rating Approachability of Providing Offering public Being collaborative in staff and Town information to engagement decision-making Council members citizens opportunities process Overall -4.0 -3.9 -3.9 -3.3 Invitation Link - 3.9 3.9 3.9 - 3.2 Open Link - 4.0 - 4.0 3.9 - 3.4 Year-round resident - 4.0 - 3.9 - 3.9 - 3.3 Part-time resident - 3.9 - 3.9 - 3.9 - 3.4 Employed in TOV but don't live there - 4.0-4.0 -4.0 3.4 Get mail in TOV but don't live/work there - 3.9 - 4.0C.6 3.7 Non-resident owner of business 3.9 - 4.1 4.0 3.5 1 2 3 4 51 2 3 4 51 2 3 4 511 2 3 4 5 Average Rating Average Rating Average Rating Average Rating RRC Associates 21 June 21, 2016 - Page 88 of 529 There were also differences by respondent age. Respondents under age 35 gave the lowest average ratings for all categories compared to the other age cohorts, including approachability of staff and Town Council (3.7), providing information (3.6), offering public engagement opportunities (3.7), and being collaborative (3.2). Interestingly, respondents between the ages of 45 and 54 were most satisfied with all four aspects of local government. The survey informed respondents that four current Town Council members were newly elected in November 2015 and asked respondents to comment on their hopes and expectations of the current Council. A word cloud and word count analysis was conducted on the comments to gain an understanding of recurring words. As shown, some of the most prominent words relate to policy issues, such as "housing," "parking," and "affordable." Respondents also emphasized forward movement as an important goal for the Town Council with words like "continue," "keep," "hope," and "new." A summary of themes and sampling of verbatim comments is provided below. Figure 15. Hopes and Expectations of Town Council — Word Cloud and Word Count Comment Analysis y le:p mdll� slop yreai Just listen yin war neer affordable nC�� �k forward [� +�'�� eestrir+� or,moving }mx,.I + �'�I,�:►J.,.. 'hopeI 1 11 1 1 I��keep�.,q�I! i Cly 155uZ5 t,nng people:&we iota better V • memws need l"eSlC�e1lSeventsOUS inglocals well �QQ� employeecitizens making live can ince, decisions rnKMyreso :,_.,,_ess Wkmw ,see year "� ys" less housing - 108 continue - 87 keep - 87 parking - 83 council - 79 community _ 62 residents _ 62 hope _ 56 new _ 54 affordable _ 46 0 50 100 150 Number of Mentions Many respondents expressed excitement and positive anticipation of the new Town Council. Common hopes for the new Town Council included listening carefully to the needs of local residents and providing community engagement opportunities, being creative and well-informed in decision making, heightened transparency and communications, and financial prudence. Many also mentioned policies that they would like to see addressed, including affordable housing, environmental sustainability, parking, and balanced growth and development. Some comments included: • 1. Address the parking issues. I found it disappointing that the playing fields near the Vail parking structure weren't leveraged for underground parking. The fields could have been maintained on top. 2. Work with Vail Resorts to provide more affordable housing for those who live and work in Vail. • Conscientious assessment of problems and solutions. • Develop mid to long range plan for Vail development and review with residents. RRC Associates 22 June 21, 2016 - Page 89 of 529 • Get Chamonix moving forward and then seek out the next opportunity. Figure out more parking! • 1 don't know what the council does. • I know a city needs income to sustain, but c'mon now! Nobody in the working class can afford to live anywhere near the vicinity of Vail. I've been living in Eagle County for 10 years, and am on both the Town of vail housing lottery, as well as the Edwards lottery- unfortunately, my family and 1 are still not a priority for assisted housing. Vail will continue to cater to its billionaire clientele, and, very soon, the working class will disappear and all that will be left are the billionaires but no one to cater to them. 1 just hope that the Council will realize the importance of its workers and will figure out a way for them to actually live there. • Keep forwarding thinking and moving in the right direction. • Less bureaucracy. • Move forward on west vail housing. • Personal agenda items aren't a priority, they look at the community and its needs first, and they are receptive to community input. • Stay reasonable and listen to the citizens. • That they focus on concerns and interest of citizens not just businesses. Most businesses are not owned by TO residents. • These positions are service positions, so our expectations are that they consider a well-balanced viewpoints and promote continued growths of the Town. The Town relies on tourism, plain and simple. Overt protectionism will only make Vail into a backward sleepy town. There is a way to maintain the serenity while growing into a vibrant cultural hub. • To continue to maintain and expand the trail system. • To work on affordable housing solutions as well as solving parking problems. As a business owner 1 would love to afford to live close and would love to have employee housing available for staff. Always hard to find enough employees because of lack of housing. Plus, 1 pay a lot to have a parking spot since 1 don't live close. Open-ended comments to this question provide some additional context and insight into areas where respondents may feel dissatisfied or are providing positive suggestions and compliments. For a complete list of comments click here: (VIEW COMMENTS). RRC Associates 23 June 21, 2016 - Page 90 of 529 Sources of Information A section of the survey captured the methods by which respondents currently receive information from the Town of Vail and from other sources. Of the Town sources, the website is most identified, used by a majority of all respondents (59 percent), down from 75 percent in 2014. E -services have shown significant growth over time and are now used by over half of all respondents (54 percent, up from 47 percent in 2014), followed by 21 percent of respondents who attend or watch meetings (down from 28 percent), and 19 percent who use TOV social media (up from 14 percent). Respondents also indicated the methods by which they receive information from "other" (non -Town) sources. Newspaper is by far the most popular (88 percent), distantly followed by radio (16 percent), television (15 percent), social media (12 percent), and other (8 percent). Results for alternative methods of receiving information this year were generally similar to 2014. Figure 16. Sources of Town and Other Information by Year Website (www vailgov com) 59% 75% E -services (meeting announcements, 54% Information from agendas, news releases, newsletters, etc) 47% 02016 the Town of Vail Attend or watch meetings (live web - 21% 02014 streams, Channel 5) - 28% Social media (Twitter, Facebook, etc) 19% X14% Newspaper 88% ° 93 /° Radio 16% - 19% Information from 15% Television Other Sources 20% Social media (Twitter, Facebook, etc) 12% =8% Other 8% 0% 20% 40% 60% 80% 100% Percent Responding When assessed by resident type or age, some considerable differences emerge. Part-time residents are more likely to rely on television (22 percent) than year-round residents (13 percent). Meanwhile, full- time residents more frequently utilize the newspaper (92 percent vs. 82 percent of part-time residents), attend/watch meetings (26 percent vs. 15 percent), or listen to the radio (20 percent vs. 4 percent). Perhaps not surprisingly, respondents under 35 most commonly use the Vail website (66 percent), TOV social media (40 percent), and other social media (34 percent), each of which sees decreased usage as age increases. In contrast, older respondents prefer to attend or watch live meetings or watch television. Interestingly, newspaper usage is high regardless of age cohort or residency status, suggesting the importance of this media source in the valley. RRC Associates 24 June 21, 2016 - Page 91 of 529 Information from the Town of Vail Figure 17. Sources of Town and Other Information by Age (2016) Website (www vailgov com) E -services (meeting announcements, agendas, news releases, newsletters, etc) Attend or watch meetings (live web streams, Channel 5) Social media (Twitter, Facebook, etc) Newspaper Radio Information from Television Other Sources Social media (Twitter, Facebook, etc) Other RRC Associates 66% 65% 63% 59% 52% i 48% 51% 59% 51% 54% X12% �14% - 25% 20% ■ Under 35 - 24% ■ 35 to 44 40% ■ 45 to 54 32% ■ 55 to 64 -19% 17% ■ 65 and older pp - 7% 95% 83% 83% 89% 90% 30% 27% 20% 7% 9% =8% 3% - 19% 22% 14% 10% ■ 3% 7% 4% 12% 8% _ 12% 0% 20% 34% 40% 60% 80% 100% Percent Responding 25 June 21, 2016 - Page 92 of 529 Town Services The survey contained a number of questions designed to evaluate other services provided by the Town. In most cases the wording of these questions is identical to past surveys, permitting comparisons over time. Taken together, these ratings serve as a form of community report card. In general, the ratings of the Town services were very positive this year. Ratings generally fluctuated slightly or were unchanged in most categories. The Community Development Department received particularly strong ratings this year, with all categories up considerably from years prior. As in past years, ratings were examined by year-round and part-time resident responses. Overall, the groups are similar in their ratings, but part-time residents rate most categories slightly higher than do year-round residents. Consistent with the themes that are described above, most categories of ratings fluctuated slightly or were unchanged. In rating their satisfaction with a variety of municipal services with 5 being "very satisfied," the highest average scores were given to the following categories: Table 1 Highest -Rated Town Services Courtesy and helpfulness of firefighters and fire prevention staff Cleanliness of pedestrian villages Response times to basic medical emergencies Overall park maintenance Dependability of bus service Overall feeling of safety and security Ease of parking in summer Snow removal on roads Friendliness and courteous attitude of Public Works employees Friendliness and approachability of Vail police department employees Bus driver courtesy Cleanliness of buses Booth attendant courtesy Atmosphere/sense of safety on buses Frequency of in -town shuttle Wildfire mitigation efforts Cleanliness of public restrooms Overall quality of service (police services) Knowledge/ability to answer questions (Community Development) Crime prevention 2016 2014 2012 4.6 4.7 4.5 4.5 4.5 4.4 4.5 4.6 4.4 4.4 4.4 4.3 4.4 4.5 4.4 4.4 4.5 4.4 4.4 Not Asked Not Asked 4.4 4.4 4.5 4.3 4.2 4.2 4.3 4.2 4.1 4.3 4.4 4.3 4.3 4.4 4.3 4.3 4.2 3.9 4.2 Not Asked Not Asked 4.2 4.4 4.4 4.2 4.4 Not Asked 4.2 4.2 4.1 4.2 4.3 4.1 4.2 3.9 3.8 4.2 4.2 4.0 RRC Associates 26 June 21, 2016 - Page 93 of 529 Relatively lower rated services included: overflow Vail Frontage Road parking (safety), ease of parking in winter, overall parking fees/pricing structure (average 2.9 each), and overflow Vail Frontage Road parking (convenience/ease of access) (3.0). Parking appears to be a relative weakness among Town services; increased attention and improvements may be warranted. With the exception of parking, all categories earned fairly high averages this year, indicating general satisfaction among respondents. Each of the following Town departments will be explored in detail in the following section of the report: • Public Works Department • Public Safety • Community Development Department • Parking and Bus Service • Events • Library Services RRC Associates 27 June 21, 2016 - Page 94 of 529 Public Works Ratings for Public Works remained high this year, ranging from an average of 4.0 for appearance and condition of Town -owned building to an average of 4.5 for cleanliness of pedestrian villages. At least 74 percent of respondents rated each Public Works service a 4 or 5 - "Very Satisfied," down slightly from 77 percent in 2014 but up from 73 percent in 2012, 71 percent in 2010, and 63 percent in 2007. A few categories earned their highest percentage of respondents providing a rating of 4 or 5 this year, including cleanliness of pedestrian villages (93 percent), overall park maintenance (91 percent), friendliness and courteous attitude of Public Works employees, and cleanliness of public restrooms (each 84 percent). Snow removal on roads, road and street maintenance, and appearance and condition of Town -owned buildings each ticked down slightly this year. The open-ended comments provide additional insights on the ratings. (VIEW COMMENTS) Figure 18. Satisfaction with Public Works Services (2016) Cleanliness of pedestrian o 0 •' 29/0 6/0 villages Overall park maintenance 36% 8% I Snow removal on roads Friendliness and courteous attitude of Public Works employees Cleanliness of public restrooms Road and street maintenance by the Town of Vail (potholes, 16% , sweeping, drainage, etc.) Appearance and condition of o 0 2 22/° Town -owned buildings ■ 1=Not at all satisfied 0% 10% 20% 30% 40% 50% 60% 76% 8k 9ti°io 100% 02 Percent Responding ■3 ■4 ■ S=Very satisfied RRC Associates 28 June 21, 2016 - Page 95 of 529 Figure 19. Satisfaction with Public Works Services by Year Percent responding "Very Satisfied" (4 or 5) RRC Associates 29 June 21, 2016 - Page 96 of 529 93% 92% Cleanliness of pedestrian 89% villages 90% 84% 84% 91% 90% Overall park maintenance 86% M87/° 86% 90% 88% 89% Snow removal on roads 90% 86% 88% 85% 84% Friendliness and courteous 82% attitude of Public Works 79% 78%80% employees /° i 81% 84% 82% Cleanliness of public 78% restrooms 74% 66% 73% 79% Road and street maintenance 80% by the Town of Vail (potholes, 9% 75 /° ■ 2016 IIIIIIIIsweeping, drainage, etc.) 65% /° ■ 2014 73% ■ 2012 — 74% ■ 2010 77% Appearance and condition of 73% ■ 2007 Town -owned buildings 171% ■ 2005 63% 69% 0% 10% 26% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding RRC Associates 29 June 21, 2016 - Page 96 of 529 Figure 20. Satisfaction with Public Works by Survey Version and Resident Type (2016) Average Satisfaction Rating Cleanliness of Friendliness and pedestrian Overall park Snow removal on courteous attitude villages maintenance roads of Public Works employees Overall Invitation Link A Open Link �4.6 4.4 - Year-round resident Part-time resident Employed in TOV but don't live there -4.2 Get mail in TOV but don't live/work there - 4.2 Non-resident owner of business - 1 2 3 4 51 2 3 4 51 2 3 4 51 2 3 4 5 Average Rating Average Rating Average Rating Average Rating Road and street Appearance and Cleanliness of maintenance by condition of public restrooms the Town of Vail Town -owned (potholes, swee.. buildings Overall -4.1 -4.0 Invitation Link - - 4.1 4.0 Open Link - - 4.1 AM4.0 Year-round resident - 4.0 - 4.0 Part-time resident -4.1 Employed in TOV but don't live there -4.2-4.0 - 3.9 Get mail in TOV but don't live/work there - 4.0 - 4.1 - 3.8 Non-resident owner of business i - 4.1 1 2 3 4 51 2 3 4 51 2 3 4 5 Average Rating Average Rating Average Rating RRC Associates 30 June 21, 2016 - Page 97 of 529 Fire Services This year, all respondents rated fire services in Vail. In past survey years, ratings of fire services were solely completed by respondents who indicated that they had used fire services within the past 12 months. As a result of the change this year, direct comparisons to prior years should be made with some caution. For each of the attributes rated, between 30 to 50 percent of respondents indicated that they "don't know," likely as a result of the inclusion of respondents who have not recently used fire services. Fire services continue to be rated relatively high compared to most other departments and services provided by the Town. Courtesy and helpfulness and response time are rated especially favorably (with 91 percent providing a rating of 4 or 5 for each). Respondents also rated wildfire mitigation efforts quite favorably at 84 percent, down slightly from 2014 (89 percent). While fire safety, awareness, and education programs and timely plan -check and fire system inspections have lower shares of highly satisfied respondents in comparison (76 and 73 percent, respectively), they are still rated quite highly. Education programs in particular earned its highest rating yet in 2016, while all other categories declined slightly. The open-ended comments concerning the Fire Department are found by clicking here. (VIEW COMMENTS) Figure 21. Satisfaction with Fire Services (2016) Courtesy and helpfulness of firefighters and fire prevention .:' . 23% 7% I staff Response time to basic medical 31% 8% emergencies and fires ' Wildfire mitigation efforts 41% Fire safety, awareness and education programs provided 33% 19% , Timely plan -check and fire system inspections on 23% remodeled or new construction ■ 1=Not at all satisfied 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 02 Percent Responding ■3 ■4 ■ 5=Very satisfied RRC Associates 31 June 21, 2016 - Page 98 of 529 Figure 22. Satisfaction with Fire Services by Year Percent responding "Very Satisfied" (4 or 5) RRC Associates 32 June 21, 2016 - Page 99 of 529 91% Courtesy and helpfulness 93% of firefighters and fire 90% 92 0 o prevention staff 88% 93% 91% Response time to basic 94% medical emergencies and 88% 86%85% fires 85% 90% 84% 1 89% Wildfire mitigation efforts 76% 02016— 2016Fire Fire safety, awareness and 73% 02014 education programs° 69% 64% ■ 2012 provided 64% E 2010 66% ■ 2007 Timely plan -check and fire 73%78% 2005 system inspections on 72% remodeled or new 68% construction 71% 68% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding RRC Associates 32 June 21, 2016 - Page 99 of 529 Figure 23. Satisfaction with Fire Services by Survey Version and Resident Type (2016) Average Satisfaction Rating Courtesy and Response time to basic helpfulness of medical emergencies Wildfire mitigation firefighters and fire and fires efforts prevention staff Overall Invitation Link Open Link Year-round resident Part-time resident Employed in TOV but don't live there Get mail in TOV but don't live/work there I Non-resident owner of business I Overall Invitation Link Open Link 4.2 4.2 4.2 4.4 4.3 4.1 1 2 3 4 51 2 3 4 51 Average Rating Average Rating Fire safety, awareness Timely plan -check and and education fire system inspections programs provided on remodeled or new construction 4.1 4.0 Year-round resident Part-time resident Employed in TOV but don't live there' Get mail in TOV but don't live/work there' Non-resident owner of business' 1 4.1 4.2 4.2 4.1 - 4.0 - 3.9 4.3 2 34 51 Average Rating 4.1 4.0 - 4.0 4.2 - 4.0 - 3.6 3.8 2 3 4 5 Average Rating 4.2 4.3 4.3 - 3.9 4.3 2 3 4 5 Average Rating RRC Associates 33 June 21, 2016 - Page 100 of 52! Police Services Roughly a quarter of respondents (23 percent) reported that they have utilized the Vail Police Department for a service or emergency within the past twelve months. Ratings for the police department remained strong, and most were similar to 2014. The highest percentage of 4 and 5 ratings was given for overall feeling of safety and security (88 percent), down just slightly from 2014 (90 percent). Friendliness and approachability of Vail police department employees received its highest ratings yet (83 percent this year). All other categories were consistent with past surveys, with the exception of managing parking and traffic control issues, with ratings declining to 63 percent from 70 percent in 2014. Open-ended comments provide some additional insight into the police ratings. (VIEW COMMENTS) Figure 24. Satisfaction with the Aspects of Police Services (2016) Overall feeling of safety and security Friendliness and approachability of Vail police department employees Overall quality of service Crime prevention Appropriate presence of police on foot/vehicle patrol Visibility of police foot/vehicle patrol Managing parking and traffic control issues ■ 1=Not at all satisfied ■2 1-3 ■4 ■ 5=Very satisfied RRC Associates 29% 9% I 27% 11% ' . 36% 13% ' ' 36°/ 15% ' I 18% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding 34 June 21, 2016 - Page 101 of 52! Figure 25. Satisfaction with the Aspects of Police Services by Year Percent responding "Very Satisfied" (4 or 5) 88% 90% Overall feeling of safety 85% and security � 87% 84% 80% Friendliness and80% % approachability of Vail 74% police department 75% employees 72% 74% 82% 83% Overall quality of service 78% 78% 75% 73% 80% 80% ■ 2016 Crime prevention 70% 02014 71% 02012 ■ 2010 73% 2007 Appropriate presence of 74% 2005 police on foot/vehicle °72% patrol 68% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding RRC Associates 35 June 21, 2016 - Page 102 of 52! 72% 72% Visibility of police 64% foot/vehicle patrol 71% 66% 62% 63% 70% Managing parking and 64% traffic control issues 58% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding RRC Associates 35 June 21, 2016 - Page 102 of 52! Figure 26. Satisfaction with the Aspects of Police Services by Survey Version and Resident Type (2016) Average Satisfaction Rating Friendliness and Overall feeling of approachability of safety and Vail police Overall quality of Crime prevention security department service employees Overall - 4.2 Invitation Link Open Link Year-round resident Part-time resident Employed in TOV but don't live there Get mail in TOV but don't live/work there Non-resident owner of business 4.4 4.3 _A EL � 4.1 4.2- 4.1 4.1 - 4.1 - 4.1 - 4.0 4.1 'MOMMEM 4.0 1 2 3 4 51 2 3 4 51 2 3 4 51 2 3 4 5 Average Rating Average Rating Average Rating Average Rating Appropriate presence of Visibility of police Managing parking police on foot/vehicle patrol and traffic control issues foot/vehicle patrol Overall - 4.0 - 4.0 - 3.7 Invitation Link - 4.0 -4.0 - 3.7 Open Link 4.1 - 4.1 3.8 Year-round resident - 3.9 - 3.9 - 3.6 Part-time resident � - 4.1 - 3.9 Employed in TOV but don't live there -4.0 -4.0 - 3.7 Get mail in TOV but don't live/work there - 4.0 - 4.0 - 3.3 Non-resident owner of business IL 4.2 wlll� 4.2 3.9 1 2 3 4 51 2 3 4 51 2 3 4 5 Average Rating Average Rating Average Rating RRC Associates 36 June 21, 2016 - Page 103 of 52! Community Development The Community Development Department was reported to be used by 17 percent of respondents, down from 18 percent in 2014, 21 percent in 2012, and 23 percent in 2010. Year-round residents are more likely to access the services (21 percent) than part-time residents (11 percent). Among those who have used the department's services, services were most frequently accessed by walking into the office (68 percent), by telephone (49 percent), website (43 percent), and attending a meeting (36 percent). As summarized in the graph below, the ratings of Community Development are based on that segment of the community that has used the services of the department. Ratings of the department surged this year, with all attributes reaching record high shares of satisfied respondents. Of particular note, the ratings for building review process (72 percent of respondents providing a rating of 4 or 5) showed strong improvement, an area which has historically received lower average ratings (51 percent in 2014). The open-ended comments provide additional insights on the ratings. (VIEW COMMENTS) Figure 27. Satisfaction with Aspects of the Community Development Department (2016) Courtesy and attitude/helpfulness 31% 13% Knowledge/ability to answer , 34% 14% questions Timeliness of response (to telephone calls, inspections, questions/inquiries plan review, etc.) Availability of information (e.g., public records) Building permit review and inspections Overall service and efficiency ■ 1=Not at all satisfied ■2 7 3 ■4 ■ 5=Very satisfied 35% 17% 0 —I= 37% 6% 8% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding RRC Associates 37 June 21, 2016 - Page 104 of 52! Figure 28. Satisfaction with Aspects of the Community Development Department by Year Percent responding "Very Satisfied" (4 or 5) 80% 66% Knowledge/ability to answer 62% questions 67% 79% 68% Availability of information (e.g., 51% public records) 57% Courtesy and attitude/helpfulness Timeliness of response (to telephone calls, inspections, questions/inquiries, plan review, etc.) 78% 2016 68% 57% 2014 66% ■ 2012 55% 2010 63% 2007 - 76 66% 2005 50% 73% 65% Overall service and efficiency 51% o 55 /o F 41% 46% 72% 51% Building permit review and 39% inspections 47% 28% 31% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding RRC Associates 38 June 21, 2016 - Page 105 of 52! Figure 29. Satisfaction with the Community Development Department by Survey Version and Resident Type (2016) Average Satisfaction Rating Overall Invitation Link Open Link Year-round resident Part-time resident Employed in TOV but don't live there Get mail in TOV but don't live/work there Non-resident owner of business Overall Knowledge/ability to Courtesy and Availability of answer questions attitude/helpfulness information (e.g., public records) M4.2 4.1 4.2 4.1 M 3.6 4.1 1 2 3 4 51 Average Rating Timeliness of response (to telephone calls, inspections, questions/inquiries, plan review, etc.) 4.1 Invitation Link 4.1 Open Link 4.0 4.1 .1 4.1 •.1 4.0 .0 4.0 4.3 4.3 3 3.8 4.0 - 4.2 4.0 2 3 4 51 2 3 4 5 Average Rating Average Rating Overall service and Building permit review efficiency and inspections 4.0 3.9 3.9 4.0 Year-round resident4.0 3.9 Part-time resident 4.2 4.2 Employed in TOV but don't live there 3.9 3.6 Get mail in TOV but don't live/work there 4.0 4.3 Non-resident owner of business 3.8 3.8 1 2 3 4 51 2 3 4 51 Average Rating Average Rating RRC Associates 3.8 3.9 M 3.8 M4.0 3.4 4.3 2 3 4 5 Average Rating 39 June 21, 2016 - Page 106 of 52! Parking A series of questions were asked with regards to parking, including awareness of the Town offering residents and employees a variety of parking passes and discount parking programs. Three-quarters of respondents are aware; however, a notable one in five respondents (19 percent) are not aware of such passes and programs. Year-round residents are particularly likely to know about these offerings (82 percent), while part-time residents are relatively less likely to know (63 percent). A large majority of those employed in Vail but who live elsewhere do know about these offerings (84 percent). In addition to awareness, respondents were asked to indicate if they own a parking pass or value card this season. Three-quarters of respondents (74 percent) do not own such a pass or card. These respondents were asked why they do not own parking pass (VIEW COMMENTS). The most frequently identified reason for not having a pass was "not knowing about it," suggesting that there might be opportunities for greater publicity of the program and options; in fact, respondents who are aware of programs were more likely to own a parking pass (34 percent). Incidence of ownership is highest among those who are employed in Town but do not live there (29 percent), followed by 28 percent of year-round residents. Among those who do own a pass or card, the value card is most common (68 percent), followed by the blue pass (19 percent), pink pass (7 percent), gold pass (4 percent), and green pass (3 percent). Pass or card product usage is relatively similar to 2014, with the exception of a higher share of respondents using the blue pass (12 percent in 2014). Respondents rated their likelihood of purchasing a parking pass next year on a scale from 1 to 5, where 1 is "not at all likely" and 5 is "very likely." Likelihood of buying a pass was low among respondents overall, with over two-thirds (68 percent) providing a 1 or 2 rating and only a quarter (27 percent) selecting 4 or 5. Current parking pass owners said they are highly likely to purchase a parking pass next year (average likelihood rating 4.4) in comparison to non -owners (1.5). In addition, respondents who are aware of parking passes and value cards rated their likelihood of purchasing a parking pass next year higher (2.3) than those who are unaware (2.0). Interestingly, part-time residents were more likely to indicate that they might purchase a parking pass next year (2.4) compared to year-round residents (2.2). (VIEW COMMENTS) RRC Associates 40 June 21, 2016 - Page 107 of 52! 5=Very likely -24% ■ 2016 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Percent Responding RRC Associates 41 June 21, 2016 - Page 108 of 52! Figure 30. Parking Pass Ownership Are you aware that the Town Yes 75% offers residents/employees a No - 19% variety of parking passes and discount parking programs? Uncertain ■ 6% Do you own a parking pass or Yes 26% value card this season? No 74% Value card 68% Blue pass -19% (If yes) What type of pass or Pink pass ■ 7% value card do you own? Gold pass .4% Green pass 13% 1=Not at all likely 62% 2 M6% How likely are you to buy a 3 5% parking pass next year? 4 4% 5=Very likely -24% ■ 2016 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Percent Responding RRC Associates 41 June 21, 2016 - Page 108 of 52! Parking ratings were mixed this year. New to the 2016 survey, respondents rated their satisfaction with the ease of parking during summer and winter as well as the convenience and safety of overflow Frontage Road parking. Ease of parking in summer received the highest ratings of satisfaction (85 percent of respondents providing a rating of 4 or 5). Booth attendant courtesy earned its highest satisfaction rating since 2005 (81 percent), as did parking structure cleanliness (59 percent). Convenience/ease of access of overflow Frontage Road parking (37 percent), ease of parking in winter (34 percent), and safety of overflow Vail Frontage Road parking (33 percent) received fairly low ratings, with roughly a third of respondents indicating satisfaction for each. Parking fees/pricing structure continues to receive low satisfaction ratings (only 32 percent provided a rating of 4 or 5, while 35 percent provided a rating of 1 or 2). The open-ended comments provide additional insights on the ratings. (VIEW COMMENTS) Figure 31. Satisfaction with Parking (2016) Ease of parking in summer 24% 10% Booth attendant courtesy •' 31% 16% ' Parking structure cleanliness 35% 29% Overflow Frontage Road parking (convenience/ease of ® 23% 29% access) Overflow Vail Frontage Road 0 0 parking (safety) 21 /0 28/0 Overall parking fees/pricing 20% 33% structure 17 U Ease of parking in winter 22% 30% 1 20% .' ■ 1=Not at all satisfied o 0 0 0 0 0 0 0 0 0 ■ 2 0/0 10/0 20/0 30/0 40/0 50/0 60/0 70/0 80/0 90/0 100/0 ■ 3 Percent Responding ■4 ■ 5=Very satisfied RRC Associates 42 June 21, 2016 - Page 109 of 52! Ease of parking in summer Booth attendant courtesy Parking structure cleanliness Overflow Frontage Road parking (convenience/ease of access) Ease of parking in winter Overflow Vail Frontage Road parking (safety) Figure 32. Satisfaction with Parking by Year Percent responding "Very Satisfied" (4 or 5) 85% ■81% 78% 7 62% 0% 72% 77% 59% 59% 55% 46% 48% 54% 37% 34% 33% 32% 34% Overall parking fees/pricing 28% structure 19% 31% 00 34% 0% 10% 20% 30% 40% 50% 60% Percent Responding RRC Associates ■ 2016 ■ 2014 ■ 2012 ■ 2010 ■ 2007 ■ 2005 70% 80% 90% 100% 43 June 21, 2016 - Page 110 of 52! Figure 33. Satisfaction with Parking by Survey Version and Resident Type (2016) Average Satisfaction Rating Ease of parking Booth attendant Parking structure in summer courtesy cleanliness Overall - 3.7 Overflow Frontage Road parking (convenience/ ease of access) - 3.0 Invitation Link - - 3.7 - 2.9 Open Link 4.5 4.2 3.7 3.0 Year-round resident Part-time resident Employed in TOV but don't live there Get mail in TOV but don't live/work there Non-resident owner of business .6 1 2 3 4 Average Rating Overall parking fees/pricing structure 3.6 - 2.9 _ 3.8 i 3.0 - 3.9 3.6 3.0 - 3.9 - 3.43.1 4.2 3.7 1 2 3 4 51 2 3 4 5'1 2 3 4 5 Average Rating Average Rating Average Rating Ease of parking Overflow Vail in winter Frontage Road parking (safety) Overall - 2.9 - 2.9 - 2.9 Invitation Link - 3.03.0 - 2.8 Open Link 2.9 =02.9 3.0 Year-round resident - 2.8 - 2.8 - 2.8 Part-time resident - 3.1 � 3.2 M6 3.0 Employed in TOV but don't live there - 2.9 2.7 2.9 Get mail in TOV but don't live/work there - 2.8 3.0 Non-resident owner of business - 3.6 3.4 3.3 1 2 3 4 51 2 3 4 51 2 3 4 5 Average Rating Average Rating Average Rating RRC Associates 44 June 21, 2016 - Page 111 of 52! Bus Service Community members were asked whether their usage of Town of Vail bus service changed during peak ski times this winter. For 26 percent of respondents, their usage increased, a notable change. A majority of respondents reported no change in their level of usage (69 percent). A slim 5 percent said their usage decreased. Respondents were asked to identify any concerns or considerations that influence their usage of bus services. Those who indicated that their usage has increased noted the convenience and dependability of the bus service, their ability to avoid paying for parking, and the friendliness of bus drivers as aspects encouraging increased usage. Respondents who have cut back their usage indicated that the buses are too crowded or that service is not frequent enough. (VIEW COMMENTS) Despite some declines in satisfaction with Town of Vail bus service this year, respondents remain largely satisfied with most aspects of the buses, with 80 percent or more rating dependability of bus service, cleanliness of buses, bus driver courtesy, atmosphere/sense of safety on buses, and frequency of in -town shuttle a 4 or 5 — "Very Satisfied." Frequency of outlying service received a somewhat lower share of respondents providing a rating of 4 or 5 (65 percent), and this share decreased from 2014 (75 percent). Crowding continues to be a relative area of weakness with only 50 percent saying they are "very/somewhat satisfied," down from 55 percent in 2014 and 52 percent in 2012. In general, part-time residents provided higher satisfaction ratings than year-round residents. Figure 34. Satisfaction with Bus Service (2016) Dependability of bus service 31% 9% I Bus driver courtesy 30% 12% I Atmosphere/sense of safety on 33% 15% I buses Frequency of in -town shuttle :' . 32% 16% I Cleanliness of buses .' . 37% 15% 1 Frequency of outlying service "4% Level of crowding on buses ■ 1=Not at all satisfied ■2 ■3 ■4 ■ 5=Very satisfied 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding RRC Associates 45 June 21, 2016 - Page 112 of 52! Figure 35. Satisfaction with Bus Service by Year Percent responding "Very Satisfied" (4 or 5) 80% 87% Frequency of in -town 85% shuttle 83% 86% 87% 65% 75% Frequency of outlying 65% ■ 2016 service 63% ■ 2014 65% 68% ■ 2012 50% ■ 2010 55% ■ 2007 Level of crowding on buses 47/o ° 52% ■ 2005 50% 59% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding RRC Associates 46 June 21, 2016 - Page 113 of 52! 89% 89% Dependability of bus 85% service `W 87% 89% 91% 83% 89% Cleanliness of buses 86% 82% 80% 83% 82% 86% Bus driver courtesy 84% 81% 83% 86% 81% Atmosphere/sense of safety on buses 80% 87% Frequency of in -town 85% shuttle 83% 86% 87% 65% 75% Frequency of outlying 65% ■ 2016 service 63% ■ 2014 65% 68% ■ 2012 50% ■ 2010 55% ■ 2007 Level of crowding on buses 47/o ° 52% ■ 2005 50% 59% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding RRC Associates 46 June 21, 2016 - Page 113 of 52! As illustrated in the past, the neighborhood location of the survey respondent within Vail is closely associated with the ratings of local buses. Shown below, there is a wide spread in average ratings by neighborhood (that is, the distance between the highest and lowest points on the vertical axis). For example, frequency of outlying service is not identified as a problem from respondents that live in the Lionshead area, where the ratings of satisfaction are high; the ratings are lowest, or least satisfactory, from Golf Course area residents, and there are significant differences of opinion indicated by the wide range of responses. The frequency of the in -town shuttle is rated highly again by Lionshead residents, but those who live in Vail Commons or "other" areas are relatively less satisfied. Meanwhile, dependability of bus service is rated high by all respondents and there is relative agreement (a narrow spread) on this question. Figure 36. Satisfaction with Bus Service by Neighborhood (2016) Average Satisfaction Rating 5 4.5 • `d 4 0% 1d 3.5 L 3 1 0 1 2.5 Overall 0 Lionshead 2 Booth Creek/Aspen Lane 0 Matterhorn, Glen Lyon Booth Falls and Bald Mountain Road areas 0 Other Buffehr Creek, Lionsridge, the Valley 0 Potato Patch, Sandstone East Vail Vail Commons/Safeway area 1.5- Golf Course Vail Village Intermountain w West Vail (north of 1 70) 1 Dependability Bus driver Cleanliness of Atmosphere/ Frequency of Frequency of Level of of bus service courtesy buses sense of in -town outlying crowding on safety on shuttle service buses buses The open-ended comments provide additional insights on the ratings. (VIEW COMMENTS RRC Associates 47 June 21, 2016 - Page 114 of 52! Figure 37. Satisfaction with Bus Service by Survey Version and Resident Type (2016) Average Satisfaction Rating Dependability of Bus driver Cleanliness of Atmosphere/ bus service courtesy buses sense of safety on buses Overall Invitation Link Open Link - - Year-round resident -4.2� -4.1 Part-time resident Employed in TOV but don't live there - 4.1- 4.0 - 4.1- 4.0 Get mail in TOV but don't live/work there - 4.1- 4.1- 3.8 Non-resident owner of business 1 2 3 4 5'1 2 3 4 51 2 3 4 5'1 2 3 4 5 Average Rating Average Rating Average Rating Average Rating Frequency of Frequency of Level of crowding in -town shuttle outlying service on buses Overall - 3.8 - 3.4 Invitation Link - 3.8 3.4 Open Link - - 3.9 3.5 Year-round resident - 3.9 3.3 Part-time resident 3.8 3.5 Employed in TOV but don't live there - 4.0 - 3.7 3.4 Get mail in TOV but don't live/work there - 3.9 - 3.6 3.4 Non-resident owner of business -4.5 � -4.0 1 2 3 4 51 2 3 4 51 2 3 4 5 Average Rating Average Rating Average Rating RRC Associates 48 June 21, 2016 - Page 115 of 52! Events Respondents were provided with the following prompt: Vail has developed a wide variety of events in all seasons that have become part of our community culture. Our events now include concerts, festivals, athletic events and other activities. A strong majority of respondents say events create a positive experience in Vail. On the question, "In general, how would you describe the experience that events create for you and your guests?" about 81 percent of respondents rate the experience positively, a 4 or 5 on a five -point scale, down slightly from 2014 (84 percent) and 2012 (85 percent). Positivity is high among both year-round and part-time residents, though slightly higher among part-time residents. 1=Very negative 2 3=Neutral 4 5=Very positive Figure 38. Opinions Regarding Event Experience (2016) ■1% =3% 14% 23% 58% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45°% 50% 55% 60% Percent Responding Most respondents, when asked, indicate that the Town holds "about the right number" of events (79 percent). Ten percent indicate there are too many events while 11 percent think there are too few. Year- round residents are more likely to say there are too many events (14 percent vs. 6 percent part-time). Older residents are also more likely to report there are too many events (18 percent of those aged 65 and older vs. 4 percent under 35). When compared to community response from the 2014 survey, we see that opinions are generally similar, with a majority of respondents indicating there are about the right number of events. In a positive finding, this year slightly smaller shares of respondents indicated there were both "too few" and "too many" events. Figure 39. Opinions Regarding Quantity of Events by Year About the right ° 79% number 74 /° _ 81% X11% Too few events - 14% - ■ 2016 12% - ■ 014 10% 2 Too many events - 12% ■ 2012 -8% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding RRC Associates 49 June 21, 2016 - Page 116 of 52! Respondents were provided the opportunity to comment on any specific type of event they would like to see added to Vail's town -wide events program. Recurring themes included concerts, particularly well- known musicians and a variety of musical genres, recreational events including cycling and skiing, and food and beverage events such as beer festivals and food competitions. As shown in the graphs to follow, satisfaction is generally quite high, both among year-round and part- time residents with regards to aspects of town -wide events. The overall quality of events, bus transportation, and overall quality of event venue options all have high satisfaction. Part-time residents typically were slightly more satisfied with these aspects of events than year-round residents. Figure 40. Satisfaction with Events (2016) The overall quality of events in Vail 41% 15% ' AL Frontage Road express bus to transport . event -goers between Lionshead, Vail MMjMM&3d-/& 20% Village and Ford Park in the summer Overall quality of event venue options in Vail ■ 1=Not at all satisfied — 02 —3 M ■ 5=Very satisfied 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding Figure 41. Satisfaction with Events by Survey Version and Resident Type (2016) Average Satisfaction Rating Frontage Road express bus to transport The overall quality of Overall quality of event event -goers between events in Vail venue options in Vail Lionshead, Vail Village and Ford Park in the summer Overall 4.1 4.0 4.0 Invitation Link 4.1 4.0 4.0 Open Link 4.2 4.0 4.1 Year-round resident 4.0 3.9 4.0 Part-time resident 4.3 4.2 4.1 Employed in TOV but don't live there 4.2 4.1 4.0 Get mail in TOV but don't live/work there 4.3 4.4 4.1 Non-resident owner of business 4.3 4.2 4.0 1 2 3 4 51 2 3 4 51 2 3 4 5 Average Rating Average Rating Average Rating RRC Associates 50 June 21, 2016 - Page 117 of 52! The survey informed respondents that the Town of Vail invests in various events that are held in Vail. Respondents were asked to provide their opinion on this economic development strategy. Many were supportive, with 50 percent saying they "strongly support" the Town's financial investment in events and 26 percent saying they were "somewhat in favor." An additional 18 percent were neutral, and only 6 percent "somewhat oppose" or "strongly oppose" the TOV's investment in events. Figure 42. Opinion of Town's Financial Investment in Events (2016) I strongly support the Town's financial investment in events I am somewhat in favor I am neutral I somewhat oppose I strongly oppose 26% 50% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 55% Percent Responding The survey provided a space for community members to offer additional comments regarding events. Generally, there was a mix of positive and negative comments, with many also expressing mixed sentiments. There were some differences in sentiment depending on whether the respondent lived in Town year-round or part-time as well as by age cohort. (VIEW COMMENTS) Relative to negative comments, year-round residents were more likely to express that events occur too frequently or are disruptive to local residents. Younger age cohorts were often concerned about the lack of big -name performers, while older age cohorts were concerned about the lack of diversity in event type. Several respondents also indicated a preference for events that are financially self-sustaining so the Town can scale back its investment in events. • part-time 35 to 44 1 think this is a short term strategy and isn't sustainable. It contributes June 21, 2016 - Page 118 of 52! greatly to a feeling of overcrowding and a degraded resident and guest experience. • part-time 45 to 54 Too many summer events - the village is too crowded/noisy. • part-time 55 to 64 Please remember all age groups. 1 am in an overlooked segment that is continuously looking for day events - ladies between 40 and 60 who do not ski, bike, hike, etc. Due to the situation, one of our attending events are the medical lectures at the Sonnenalp but it would be nice to have other dining, information, lecture events. • part-time 65 to 74 Select entertainers with wider appeal than the 18 to 24 crowd! • part-time 75+ The parking situation for the amphitheater is atrocious as you know. The bus from Lionshead is fabulous, but most people don't know about it. Bravo to you for offering it. I'm not a marketing expert, but more people need to know that it's available and a great solution to going to a concert. RRC Associates 51 June 21, 2016 - Page 118 of 52! • year-round 25 to 34 Quality of music/performers has drastically decreased since I moved here in 2007--1 haven't recognized snow daze and spring back to vail bands/performers for a while. We don't need STS9 but there used to be popular performers like The Fray and OAR. • year-round 35 to 44 It seems like the events used to have bigger names, and now I have rarely heard of the bands. Maybe investing a little more once or twice a year would be more entertaining. • year-round 45 to 54 1 would like to see the events a bit more evenly spaced out. It seems like there is a lot of things happening on the same weekend and then nothing for a while. • year-round 55 to 64 We enjoyed when there were weekly concerts in town in the winter with car giveaway at the end. It had a much more local and family friendly vibe. Now that the music is all consolidated into Snow Daze and Spring Back it feels very corporate and flashy and too big. The soccer field/baseball lot should not require a pass in the summer during evening events and Bravo, it should be open to whoever is willing to Pay. • year-round 65 to 74 Too much congestion for most events. • year-round 75+ Why give funds to events that can support themselves? Relative to positive sentiment, comments were offered nearly equally by year-round and part-time residents. Part-time residents were particularly likely to believe that events help attract tourists and stimulate the economy. Year-round residents commented on how they increase the quality of life in Vail. • part-time 35 to 44 Keep up the great work! They are a huge draw for the Town. • part-time 55 to 64 Investing is driving growth and diversification. It may cost the Town, but they also benefit in tax and parking revenue. As 1 stated earlier key point is too grow wisely, which 1 believe Vail has done a wonderful job of to date. • part-time 65 to 74 Again, strongly support the summer Ford Park schedule and quality of events. • part-time 75+ There is always something to do in this town. • year-round 25 to 34 One of the main reasons I live here. • year-round 35 to 44 People will not come unless the mountain is open and there are events. Otherwise, it is boring. • year-round 45 to 54 We have enjoyed going to the various events with our family. • year-round 55 to 64 1 love the alternative events in Vail... primarily the US Open of Snowboarding and the Teva Mountain Games! Would love to see a high profile mountain bike event (downhill) on Vail Mountain! • year-round 65 to 74 1 appreciate the variety of events. RRC Associates 52 June 21, 2016 - Page 119 of 52! Those who offered mixed response were supportive of events in general, but concerned about crowding, parking, environmental impact, or specific event offerings. • part-time 65 to 74 Events do drive revenue and profile of Vail. Need to add broader appeal. Do think support of Bravo and the dance festival important. Also the free Tuesday concerts in the summer, maybe think about adding an additional one each month, maybe somewhere in town. • year-round 25 to 34 1 think they bring people to Vail, especially in the summer and off-seasons. 1 will say though, the Burton US Open a couple weeks ago brought a lot of aggressive people into town. • year-round 35 to 44 1 support the events as long as we offset the environmental impacts of the crowds, parking etc. Invest in the Gore and educational programs. • year-round 45 to 54 1 like the vitality events bring to the community, but some community visitors need to realize people live here. There are neighborhoods with children and pets. • year-round 65 to 74 While some events do increase spending in the Town, they also deter greatly from the overall experience for residents and guests. RRC Associates 53 June 21, 2016 - Page 120 of 52! Library Services Sixty-one percent of respondents own a library card, up from 57 percent in 2014. Differences are evident in card -holding among year-round residents (77 percent) and part-time residents (45 percent). There are also differences among age cohorts. A third of respondents access the library remotely as well as in person, up from about a quarter in 2014. Additionally, a third have used the library's website or e - newsletter. Overall, respondents report using the library 2.6 times per month on average. Again, frequency of use is higher among year-round residents (3.9 times per month) than among part-time residents (1.3). The overall satisfaction with the library is quite high, earning an average rating of 4.6, with 90 percent of respondents providing a rating of 4 or 5—"Very Satisfied." (VIEW COMMENTS) Figure 43. Usage of and Satisfaction with Library Services (2016) Do you have a library card in the Do you access the library remotely Have you used the library's website Town of Vail? as well as in person? or e -newsletter? How frequently do you use the library per month? Never 1 time 27% 2 - 3 times 20% Please rate your overall satisfaction with the Vail Public Library 37% 1=Not at all satisfied 10% 4 - 10 times _ 14% ■ 2016 - 11 - 20 times 12% 21 or more times 10% 0% 10% 20% 30% 40% Percent Responding 2 3 4 5=Very satisfied 1% 9% 22% .A 69% 0% 20% 40% 60% 80% Percent Responding A series of two questions asked respondents to provide open-ended input on the library. Respondents were first asked what they like best about the Vail Public Library, and second what they would like to be RRC Associates 54 June 21, 2016 - Page 121 of 52! added/offered/changed at the library. Two word clouds are shown below, where the size of the word correlates to the number of times it is mentioned in the comments. These word clouds were created for the library only in an effort to provide in-depth analysis, as more qualitative questions were asked about the library than about other departments. Respondents frequently mentioned words like "staff," "friendly," "books," "location," "atmosphere," "programs," and "selection" as the things they like most about the library. Some of the words that commonly came up in suggestions for improvement include "books," "nothing," "programs," "movies," and "classes." Further investigation of the comments reveals that respondents are looking for a greater variety of books and e -books. Figure 44. What do you like best about Vail Public Library? used beautiful �I�te selection S•ICr' rear" area d ash ability availability Vail availafjle book use boo no es rI Peaceful en I welcoming place i°J` nice setting eaS et rep'° a 9 wonderful wa' I � Y children � events access -helpful woexlocationalso comfortable everything fireplaces ;? i story61 mmygrea �d art libraries =children's rens brari ""3 facility magazines m^ vKHM r k"C excellentgoQ Y roam ULMos here materials WKe community EaSt'tll'll@ kiendiness programs materials well collection f�uildinq�(��� ,ilFrrl helplulmss love Figure 45. What would you like to see us add/offer/change? hours know long adding children Avon authors muCh summer courses events kids jus movie e -books computer,... parking check�even goad allowed also offerings ro r borrowingJim i#s see things magazines keep increase add computers use need b inq throughout continue system possibly r�i�Lfindbookperhapsclassev .love �'" iloan near sowtirnes betternosth*in fl ear nice ��IerYlollle "'Y' dCti itie5newk tillrl�t area off Qd=1 rinter accessti me always learn p etc closing libraries itemsavailable disewishtiion person wish times coffee card numberdifferent wdolmabon �t children's backvail Sts ff offer P space home intemet RRC Associates 55 June 21, 2016 - Page 122 of 52! EVALUATION OF TOPICS OF POLICY AND BROAD COMMUNITY INTEREST Community Priorities Respondents were asked to evaluate nine priority topics based on a scale of 1 to 5 with 1 being "not a priority" and 5 a "high priority." This question is identical to survey questions from 2014, and similar but not identical to survey questions from both 2012 and 2010. The general conclusion is that priorities identified in the past remain top priorities in 2016. All of the topics or categories that were evaluated receive ratings above three on the five -point scale and all received over 50 percent of responses earning a rating of 4 or 5.The averaged results are compared below, where applicable. Table 2 Priorities for Town Focus 2016 2014 2012 Budget & capital management 4.4 4.5 4.4 Actions to protect and enhance Gore Creek 4.2 Not Asked Not Asked Economic vitality 4.2 4.3 4.3 Transportation needs 4.2 4.4 4.2 Guest relations and customer service 4.0 4.1 4.1 Environmental sustainability 4.0 4.0 3.8 Focus on housing for middle income and service workers 4.0 3.6 3.5 Parking opportunities for visitors and guests 3.9 3.9 Not Asked Parking opportunities for residents 3.9 3.8 Not Asked Actions to improve Vail as a well-rounded community Not Asked 4.3 4.2 Parking opportunities for employees Not Asked 3.7 Not Asked Parking Not Asked Not Asked 4.0 This year, respondents rated most of the areas as a similar or slightly lesser priority than they had in 2014 or 2012. Housing for middle income and service workers is the only area which saw a significant increase in prioritization since 2014. Open-ended comments received throughout the survey reflect this finding, as many respondents express a desire for the Town to focus on this topic. New on this year's list was actions to protect and enhance Gore Creek, while was a highly rated priority (4.2) and also came up frequently in the comments. As explored in the graph below, all areas were considered of significant priority. Budget and capital management had 85 percent of respondents providing a rating of 4 or 5 -"High Priority," a decline from 90 percent in 2014 but similar to 86 percent in 2012 and 2010. Actions to protect and enhance Gore Creek (79 percent), economic vitality (77 percent), and transportation needs (76 percent, down considerably from 87 percent in 2014) were also perceived as high priority issues. Following were environmental sustainability (72 percent), housing for middle income and service worker households (70 percent, up considerably from 56 percent in 2014), and guest relations and customer service (69 percent). Parking opportunities for residents and visitors/guests trailed at the bottom of the list, but are still of high importance, with two-thirds of respondents identifying each as priorities. RRC Associates 56 June 21, 2016 - Page 123 of 52! Figure 46. Level of Priority Ratings for Community Issues (2016) Budget and capital management (keeping Vail fiscally healthy) 28/0 ° 14/o o I Actions to protect and enhance Gore Creek 29% 16% ' Focus on housing for middle income and service worker households in .' , 24% 19% vital support roles Economic vitality (investing in facilities, services and events to .' , 31% ' 19% keep Vail competitive) Transportation needs (bus service — local and regional) 32% ' 20% Guest relations and customer 26% 24% . service Environmental sustainability (waste and energy conservation programs, 29% 20% . environmental education, etc) Parking opportunities for residents 27% 25% Parking opportunities for •' 31 o /0 o 24/0 visitors/guests ■ 1=Not a priority ■ 2 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 3=Neutral Percent Responding 4 ■ 5=High priority RRC Associates 57 June 21, 2016 - Page 124 of 52! Figure 47. Level of Priority Ratings for Community Issues by Year Percent 4 & 5 (High Priority) Budget and capital management= (keeping Vail fiscally healthy) 79% Actions to protect and enhance Gore Creek 86% 86% visitors/guests RRC Associates 0% 10% 20% 30% 40% 50% 60% 70% 86% 90% 100% Percent Responding 58 June 21, 2016 - Page 125 of 52! 77% Economic vitality (investing in 0 82 /o facilities, services and events to 85% keep Vail competitive) 87% 76% Transportation needs (bus 87% service — local and regional) 80% 75 ° /° 45% Environmental sustainability 72% (waste and energy conservation 69% programs, environmental 51/o ° 65 /° education, etc) 182% Focus on housing for middle 70% income and service worker 56% households in vital support 55% roles 69% Guest relations and customer 73% 77%80% service 67% Parking opportunities for 62% ■ 2016 residents ■ 2014 2012- 02012- 67% 67% ■ 2010 68% Parking opportunities for ■ 2007 visitors/guests RRC Associates 0% 10% 20% 30% 40% 50% 60% 70% 86% 90% 100% Percent Responding 58 June 21, 2016 - Page 125 of 52! In a follow-up question, respondents were asked about the "two areas from the list that are your highest priority." The most identified priorities were: • "Focus on housing for middle income and service worker households in vital support roles (e.g., future development of Chamonix property in West Vail)" identified by 38 percent of respondents. Though this item was rated as a lesser priority in the previous question, the increased attention towards this issue and lengthy discussion of this topic in the open-ended comments indicates that this is clearly a hot button issue within the Vail community. • Next most identified were two economic issues, "Economic vitality (investing in facilities, services and events to keep Vail competitive)" and "Budget and capital management (keeping Vail fiscally healthy)," at 36 percent and 30 percent respectively • The fourth and fifth top priorities for the Town were both related to the environment — "Actions to protect and enhance Gore Creek" and "Environmental sustainability (waste and energy conservation programs, environmental education, etc.)" were each selected as one of the top two priorities by 20 percent of respondents The open-ended comments provide additional insights on the prioritization. (VIEW COMMENTS) Figure 48. Top Two Community Priorities (2016) Focus on housing for middle income and service worker households in vital support 38% roles Economic vitality (investing in facilities, services and events to keep Vail 36% competitive) Budget and capital management (keeping Vail fiscally healthy) 30% Actions to protect and enhance Gore Creek 20% Environmental sustainability (waste and energy conservation programs, environmental education, etc) Parking opportunities for residents Guest relations and customer service 13% Parking opportunities for visitors/guests M 13% Transportation needs (bus service — local 11% and regional) RRC Associates 20% 17% 0% 5% 10% 15% 20% 25% 30% 35% 40% Percent Responding 59 June 21, 2016 - Page 126 of 52! When this question is assessed by resident type, results are highly variable by segment. Year-round residents and respondents employed in Vail who don't live there place considerably more emphasis on housing for middle income and service workers (47 percent and 63 percent respectively) than do part- time residents (21 percent). In contrast, part-time residents place a higher priority on financial stability, such as economic vitality (48 percent) and budget and capital management (41 percent). Figure 49. Top Priorities by Resident Type Focus on housing for middle income and 47% service worker households in vital support 21% roles 36% 25% Economic vitality (investing in facilities, 26% services and events to keep Vail 48% competitive) 26% Budget and capital management (keeping Vail fiscally healthy) Actions to protect and enhance Gore Creek Environmental sustainability (waste and energy conservation programs, environmental education, etc) Parking opportunities for residents Guest relations and customer service Parking opportunities for visitors/guests Transportation needs (bus service — local and regional) 25% 41% 19% 27% 33% 23% 18% 15% - 14% 25% 22% 18% 19% 18% 8% 20% 14% 19% 18% 8% 13% 13% 19% 9% 63% 159% 58% 17% 13% 13% 13% ■ Year-round resident 14% ■ Part-time resident 8'. M■ Employed in TOV but don't live there 11 % ■ Get mail in TOV but don't live/work there 14% ■ Non-resident owner of business 6% =5% 17% 0% 10% 20% 30% 40% 50% 60% 70% Percent Responding RRC Associates 60 June 21, 2016 - Page 127 of 52! Top priorities differed by age cohorts, as is shown below. Those under age 35 were most likely to identify "focus on housing for middle income and service worker households" as the top priority (74 percent). These respondents were also the most likely of all the age cohorts to indicate that "parking opportunities for residents" was one of the top priorities (26 percent). Respondents age 65 or older were the most likely of all the age cohorts to value parking opportunities for visitors/guests (20 percent). Figure 50. Top Two Community Priorities by Age (2016) Focus on housing for middle income and service worker households in vital support roles 32% 26% 30% Economic vitality (investing in facilities, 19% services and events to keep Vail 38% competitive) 42% 43% 31% Budget and capital management (keeping 14% Vail fiscally healthy) 18% Actions to protect and enhance Gore Creek Environmental sustainability (waste and energy conservation programs, environmental education, etc) Parking opportunities for residents Guest relations and customer service Parking opportunities for visitors/guests Transportation needs (bus service — local and regional) RRC Associates 29% 18% 23% 21% — 18% 25% 27% 25% 26% — 18% 15% 26% - 14% 15% - 16% 15% 5% 7% — 16% - 16% — 16% 4% 13% —11% X10% 20% 10% Fw- 5% — 16% - 12% 0% 10% 20% 138% 36% 30% 40% 50% Percent Responding 74% 56% Under 35 ■ 35 to 44 ■ 45 to 54 ■ 55 to 64 ■ 65 and older 60% 70% 80% 61 June 21, 2016 - Page 128 of 52! Community Infrastructure Respondents were provided with the following prompt: Some have suggested that Vail needs a sizable enclosed space to support a variety of cultural and community activities, and events. How important do you feel such a facility is to the Town's future? Opinions regarding an enclosed space for activities and events were quite mixed. Roughly half (47 percent) of respondents said they feel a facility is "very" or "somewhat" important, and an additional half (46 percent) indicated it is "somewhat unimportant" or "not at all important." An additional 8 percent didn't know. Younger respondents showed more interest in such a facility, with 55 percent of those under 35 selecting "very" or "somewhat" important, compared to 40 percent of those 65 or older. Figure 51. Importance of Space for Cultural and Community Activities and Events (2016) Very important Somewhat important ELL Somewhat unimportant Not at all important Don't know R 0% 5% 17% 17% 8% 10% 15% 20% 25% Percent Responding 30% 29% 30% Respondents who identified a potential cultural or community facility as important were asked to elaborate on what type of facility they would like to see created and what types of activities they would like to see accommodated there. Several common themes for a community facility emerged from the comments: Multi-purpose facility. Many respondents stressed the importance of a facility that can be used for a wide variety of purposes. Some relevant comments included: • A multi -use facility that could host large conferences, concerts, etc. • Multi-purpose recreational space with meeting areas and pool. • Something large and flexible so as to have meetings, indoor concerts, kid events etc. • Something that can be used across the board for trade shows, mass education, concerts, art shows etc. • Would love to see a town pool and re/community center. Multi use center. Concert/performing arts center. Another frequently mentioned facility was a space for concerts and music, performing arts, lectures, speakers, and cultural events. The Vilar Center came up often throughout the comments as an example of an ideal facility. Some relevant comments included: RRC Associates 62 June 21, 2016 - Page 129 of 52! • A theatre -type space (similar to Vilar in Beaver Creek) to support a variety of performing arts venues and community use. • Concerts, art festivals. • 1 would like to see a venue such as Wheeler Opera House or Vilar for concerts, plays, comedians, Warren Miller, public forums, etc. • Performance facility that could accommodate music and lectures/workshops. • We have plenty of conference space already, we need more arts, music, performances in the winter. Conference/convention center. Also commonly identified among respondents was a space for conferences, conventions, trade shows, and meeting spaces to draw visitors into the Town and provide meeting areas for community members. Some relevant comments included: • Conference center with breakout rooms so that groups could hold regional and national meetings in Vail. • 1 would like a modern, beautiful and ecologically sound convention center with the capacity for small and moderately sized gatherings available year round. • Large conference center to drive off season business. • Some type of medium sized convention center as previously proposed. • Vail needs a convention center to draw business events. If developed correctly, the facility could be used for other events as well. Recreation/community center. Finally, respondents expressed a desire for an indoor space for recreational opportunities in Vail. Year-round residents and younger residents more commonly suggested a recreation center in their comments. Some relevant comments included: • A community rec center. Gym, pool etc. • A recreation center would be a nice addition for Vail families who cannot afford private places and who do not want to drive to Avon or Minturn. The center would have activities for all ages and exercise classes such as spin, yoga, zumba, etc. There would also be a nursery which could be utilized for younger children. • I would rather see an indoor recreation center with a pool! There are plenty of cultural activities in the Town of Vail. • Recreation center as in Avon and Gypsum. • We have Donovan and Grandview Room which both hold meetings and weddings pretty well, we are missing an epic Recreational Building with a pool. You have to drive out of Vail to take the kids swimming. For a complete list of comments click here: (VIEW COMMENTS). RRC Associates 63 June 21, 2016 - Page 130 of 52! Housing A new section of the survey this year explored support among respondents of various techniques that have been discussed in Vail to expand work force housing opportunities. Respondents rated four techniques on a scale from 1 to 4, where 1 means "not at all supportive" and 4 means "very supportive." Increasing the requirement for developers to contribute to work force housing in the Town received the most support, with over three-quarters of respondents (77 percent) giving a 3 or 4 rating. Next was permitting required housing to be built down -valley (75 percent), requiring a contribution to work force housing as a condition for new or expanded residential development (68 percent), and permitting increased density in limited locations/circumstances (57 percent). All four techniques received a larger share of supportive respondents than unsupportive respondents. Figure 52. Support for Expanding Work Force Housing Opportunities (2016) Increasing the requirement for contributing to work force housing as a condition imposed on 28% developers in the town Permitting required housing to be built down -valley, outside current town boundaries Requiring a contribution to work force housing 32% as a condition for new or expanded residential 14% 18% development Permitting increased density in limited locations 27% or circumstances ■ 1=Not at all supportive 0% 10% 20% 30% 46% 50% 60% 70% 80% 90% 100% 02 3 Percent Responding ■ 4=Very supportive Segmentation of the results reveals some variation in response patterns by residency status and age. Year- round residents were more likely to support requiring a contribution to workforce housing for residential development (69 percent) than part-time residents (60 percent). In contrast, support was higher among part-time residents for permitting required housing to be built down -valley (82 percent) when compared to full-time residents (71 percent). Respondents under the age of 35 were more supportive than their older counterparts of requiring a contribution to workforce housing for residential development (83 percent vs. 65 percent of those 65 or older) and less supportive of permitting required housing to be built down -valley (65 percent vs. 78 percent). RRC Associates 64 June 21, 2016 - Page 131 of 52! The open-ended comments provide additional input concerning workforce housing opportunities. For a complete list of comments click here: (VIEW COMMENTS). The comments reflect a wide range of opinions on workforce housing among survey respondents. Many expressed support for providing workforce housing down -valley or outside of Vail, but indicated that public transportation service would need to be improved due to parking difficulty in the Town. Placing the responsibility on employers to provide adequate housing situations for their employees was also a fairly popular opinion. A sampling of comments is presented below: • Anything that increases density detracts from the Vail charm. With the amount of money spent on accommodations/homes in Vail, high density employee housing unfortunately needs to be kept nearby but not in immediate town. • Building down -valley is fine if the transportation system supports it. Otherwise you exacerbate the parking problem. Why not consider using zoning as a tool? Other communities have. • Housing affordability and increasing the quality and types of education are two areas a growing community must continually address. Towns and cities that neglect these two topics pay the consequences and it doesn't take much time to see a negative impact. • 1 don't think workforce housing is necessary. The laws around this are getting to be ridiculous and 1 think will hurt future home construction in Vail. • In town workers need a place to live. There are so many benefits to having employees live in town. • It makes sense to look at Avon for housing as available land in Vail is limited and more expensive. Expanding bus service to accommodate workers would be essential to success of such development as parking is already a problem in Vail. • Need to require employers and developers to be part of solution to housing issues. Need fewer 2nd homeowners and more local housing options. Affordable homes. • Priority needs to be on housing within the TOV. There needs to be a focus on public/private partnerships. Also, developers need to be responsible for adding housing not purchasing existing condos or inventory to fulfill the current requirements. • The Town is overbuilt. Consolidate with Avon and Minturn and use their land for workforce housing. • TOV employees are not entitled to housing that is incredibly expensive. Build down valley. Commuting 1 hour is not a hardship. • Workforce housing is critical to Vail's success now and into the future. RRC Associates 65 June 21, 2016 - Page 132 of 52! Environmental Priorities The next section of the survey turned to environmental concerns with the Town of Vail. Specifically, respondents were asked their opinions concerning a variety of environmental sustainability focus areas. Then, respondents provided input regarding the protection of Gore Creek water quality via environmentally friendly landscaping practices. Finally, respondents evaluated various approaches for wildfire mitigation. Each of these sub -areas will be discussed in turn. Respondents identified the importance of a variety of environmental sustainability program focus areas on a scale of 1 to 5, where 1="Not at all important" and 5="Very important." The top issues identified as most important include: • Recycling and waste reduction (79 percent of all respondents said this was 4 or 5 — "Very important") • Renewable energy projects in town (62 percent) • Dark sky protections (59 percent) Expanding plastic bag regulations appears to be a fairly divisive issue, with roughly an even split between those identifying this as an important initiative (43 percent) and those who believe it is unimportant (38 percent). Figure 53. Importance of Environmental Priorities (2016) Recycling and waste reduction Renewable energy projects in town (e.g., solar PV on buildings) Dark sky protections Climate change action and advocacy Plastic bag regulations exist for grocery stores in Vail; expand the program to all retail outlets Stronger enforcement and ticketing of existing regulations ■ 1=Not at all important o% 10% 20% ■2 ■3 ■4 ■ 5=Extremely important 0 27% 14% ' 27% 23% 28% 24% 19% 23% 16% 20% i 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding RRC Associates 66 June 21, 2016 - Page 133 of 52! There was some variation in responses depending on resident type and age: Relative to resident type, differences emerged between year-round residents, part-time residents, and those who work in Vail or own businesses in Vail but live elsewhere for a few of the environmental topics. Year-round residents had slightly higher ratings of importance for renewable energy projects in town than did the overall sample (66 percent vs. 62 percent overall). Part-time residents were generally less concerned with these environmental priorities, particularly renewable energy projects in town (54 percent vs. 62 percent overall), climate change action and advocacy (40 percent vs. 48 percent), and plastic bag regulations (37 percent vs. 43 percent). Respondents who are employed in town but live elsewhere were much more concerned about climate change action and advocacy (58 percent), likely partially attributable to the higher share of younger respondents in this resident category. Non-resident business/commercial property owners found climate change action and advocacy less important (32 percent), and were also less inclined to identify plastic bag regulations (36 percent) as important. With regards to age, almost every category exhibits decreasing importance ratings as respondent age increases, indicating that younger respondents typically feel that environmentally sustainable practices are highly important. Regulations on plastic bag usage is the only category that received relatively similar ratings from all age cohorts. RRC Associates 67 June 21, 2016 - Page 134 of 52! Figure 54. Importance of Environmental Priorities by Survey Version, Resident Type, and Age (2016) Average Importance Rating Renewable energy Recycling and waste reduction projects in town (e.g., Dark sky protections solar PV on buildings) Overall 4.2 3.7 3.6 Invitation Link 4.1 3.6 3.7 Open Link X4.3 3.9 3.6 Year-round resident 4.2 3.9 3.7 Part-time resident 4.1 - 3.5 3.6 Employed in TOV but don't live there 4.3 3.9 3.5 Get mail in TOV but don't live/work there 4.3 3.9 3.6 Non-resident owner of business 4.3 3.7 3.7 Under 35 4.3 3.8 35 to 44 4.3 4.0 3.7 45 to 54 4.2 3.8 3.7 55 to 64 4.1 - 3.5 3.7 65 and older 4.0 - 3.5 - 3.4 1 2 3 4 51 2 3 4 51 2 3 4 5 Average Rating Average Rating Average Rating Plastic bag regulations Climate change action Stronger enforcement exist for grocery stores and advocacy and ticketing of existing in Vail; expand the regulations program to all retail outlets Overall - 3.3 - 3.2 - 3.1 Invitation Link - 3.2 3.1 - 2.9 Open Link 3.5 3.4 3.3 Year-round resident - 3.4 3.2 - 3.2 Part-time resident - 3.1 3.2 2.9 Employed in TOV but don't live there 3.7 3.2 3.1 Get mail in TOV but don't live/work there:13.2 3.3 3.4 Non-resident owner of business 3.1 2.8 Under 35 3.8 3.3 3.6 35 to 44 3.6 3.3 3.4 45 to 54 - 3.4 3.2 3.3 55 to 64 - 3.0 3.1 2.8 65 and older - 3.0 3.3 - 2.7 1 2 3 4 51 2 3 4 51 2 3 4 5 Average Rating Average Rating Average Rating RRC Associates 68 June 21, 2016 - Page 135 of 52! Respondents were informed that the Town is working on improving and protecting Gore Creek water quality and were asked to identify the barriers that exist towards their personal use of environmentally friendly landscaping practices on their property. On a scale from 1 to 5, where 1 means "strongly disagree" that it is a barrier and 5 means "strongly agree" that it is a barrier, respondents rated seven aspects of landscaping on their property. The items that were listed as the least significant barriers to environmentally friendly landscaping include: native plants and vegetation are not visually appealing and/or they attract nuisance animals and/or they obscure views (16 percent gave a 4 or 5 rating), costs are prohibitive (25 percent), and lack of eco -friendly landscapers (26 percent). In contrast, a lack of knowledge of eco -friendly practices (47 percent) and HOA handles landscaping/HOA rules (49 percent) were identified by almost half of respondents as barriers to environmentally friendly landscaping. Figure 55. Barriers to Environmentally -Friendly Landscaping Practices (2016) Native plants and vegetation are not visually appealing; they attract nuisance 8% 20% 14% animals, and/or obscure views Costs are prohibitive 0 15% 36% 17% Lack of eco -friendly landscapers ® 13% I prefer a green turf lawn, space to play, socialize, etc. Lack of effective alternatives to pesticides/herbicides Lack of knowledge of eco -friendly practices HOA handles landscaping/HOA rules ■ 1=Strongly disagree - 02 M ■4 ■ 5=Strongly agree 42% 16% 16% 22% 15% 27% 17% 30% 12% 28% 6% J 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding RRC Associates 69 June 21, 2016 - Page 136 of 52! A final section related to environmental policy asked respondents to indicate how supportive they are of three wildfire mitigation practices on a scale from 1 to 4, where 1 is "not at all supportive" and 4 is "very supportive." Over three-quarters of respondents gave 3 or 4 ratings to each of the methods, including the creation of defensible space on individual properties (83 percent), modifying design standards to facilitate the creation of defensible space (82 percent), and the evaluation of the defensible space around each home by trained personnel (80 percent). Support levels were highly similar by resident type. Figure 56. Support for Wildfire Mitigation Practices (2016) Creation of defensible space on individual properties (where vegetation is reduced or 33% modified to create a buffer around the home) IML N Evaluation of the defensible space around each home by trained personnel Modifying design standards to facilitate the creation of defensible space (such as using deciduous trees rather than conifers) ■ 1=Not at all supportive ■2 03 ■ 4=Very supportive RRC Associates 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding 70 June 21, 2016 - Page 137 of 52! Parking Respondents were asked a few more questions regarding parking, specifically in terms of parking availability and fee structure. When asked if they think there is enough parking in the Town of Vail in summer, a majority of respondents responded "yes" (70 percent), 20 percent responded "no," and 10 percent were uncertain. The follow-up question asking about parking availability during the winter received exactly opposite responses, with 19 percent of respondents indicating there is enough parking in Vail during the winter, 68 percent indicating there is not enough parking, and 12 percent uncertain. Figure 57. Opinions on Parking Availability (2016) Do you think there is enough parking in the Town of Vail in... ...summer? IVA FNo 20% icertain 10% Uncert, 12% ...winter? Respondents were given an opportunity to provide additional comments on their responses concerning parking. Many recognized that parking has been an ongoing issue and offered ideas for potential solutions. Some of the proposed solutions included a new parking structure, additional levels on existing parking structures, improved bus service, incentives for carpooling, and better enforcement of parking laws. A sampling of comments is presented below and a full listing of comments can be found here: (VIEW COMMENTS). • A new parking structure is needed to take in the cars that park on the frontage road. That is dangerous and inconvenient for guests and does not meet the level of service or convenience expected of Vail. • Consider charging something for summer parking (but not winter rates). People expect to pay for parking. • For peak winter times, the garage is way too small and doesn't help that the lines are gone by mid- winter so many people take up 2 spots. Ticket those peoplelll Ultimately, a new parking garage with more levels will be needed. • 1 have seen less days of frontage road parking this winter. • Increase and re -think public transit options for down valley. • It's very hard to create enough spaces for maximum usage, but that's what really should be the goal, especially for the winter. Even though it's free, most people don't find walking from the frontage road to be a pleasurable experience. Perhaps remote lots with bus service should be considered. RRC Associates 71 June 21, 2016 - Page 138 of 52! • Most of the time parking is adequate in the summer. • Not enough parking on July 4th and farmers market. • Parking is too expensive. • Put another level or two on the parking structures. Arrange for outlying parking (not on the frontage roads) and bus people into Vail. • Street parking is out of control. • The Town needs to add a parking structure. • There should be availability of low cost, convenient parking in town for residents. There should be more short term parking spots for both residents and visitors in the Vail parking structure to support visits to the in town businesses. There should be a bus drop closer to the ski hills - perhaps offered during peak ski morning time on weekends. • Vail Resorts should build on their property. • With summer events, parking gets very limited and bus service being each 1/2 hour creates more of a problem. TOV should consider during busy summer weekends to up frequency of buses. When asked if they would support charging a fee for parking in public lots in Vail during the summer, a majority of respondents (79 percent) were opposed, while only 12 percent were supportive and 9 percent were uncertain. Coupled with the comments, this finding indicates that a majority of respondents view the free summer parking favorably and are resistant to changing it. By age, younger respondents were especially likely to oppose charging a fee during the summer -92 percent of those under 35 selected "no," compared to 74 percent of respondents age 65 or older. A second question regarding public parking fees asked respondents if they believe that Town parking rates should be based on demand with higher rates at the busiest times and lower rates when there is little demand, similar to pricing structures used by hotels and airlines. Respondents were evenly split, with 39 percent responding "yes" and 42 percent responding "no." Part-time residents were more likely to support this idea (45 percent) than year-round residents (35 percent). Figure 58. Opinions on Public Parking Policies (2016) Would you support charging a fee for parking in Should Town parking rates be based on demand? public lots in Vail during the summer months? Uncertain 18% RRC Associates 72 June 21, 2016 - Page 139 of 52! Financial Prioritization A final section of the survey provided respondents with the following prompt: We are interested in the relative priority that you would place on improvements to serve the Vail community including residents and visitors/guests. Recognizing that the categories of projects listed below would likely involve significant investment that may require expenditures greater than the Town's typical annual budget, please provide your input. Respondents were then asked, "with $5 increments being the smallest amount you might use, if you had $100 to spend on major efforts, how would you allocate that $100 across the following categories?" Average allocation amounts for each category are depicted below. As is shown, expanded housing opportunities for middle income and service worker households received the largest allocation (average $27). Other improvements that received significant allocations were parking improvements to add capacity at peak times ($20), actions to protect and enhance Gore Creek ($20), and transportation improvements to address needs through bus service ($18). The category that received the least amount of allocated funding was the creation of a sizable enclosed space to support a variety of cultural and community activities and events ($11). Respondents were also provided with the opportunity to check a box indicating that they preferred not to allocate funding towards any of the listed categories. A small minority of respondents (4 percent) indicated that they would not allocate any substantial funding towards these efforts in the future. Figure 59. If you had $100 to spend on major efforts, how would you allocate that $100 across the following categories? (2016) Average Allocation Amount Expanded housing opportunities for middle income and service worker households Parking improvements to add capacity at peak times $20 $27 ■ 2016 Actions to protect and enhance Gore Creek $20 Transportation improvements to address needs $18 through bus service, both local and regional Creation of a sizable enclosed space to support a $11 variety of cultural and community activities and events Other M $5 $0 $5 $10 $15 $20 $25 $30 Average Allocation Amount The open-ended comments provide additional insights on the allocation amounts. (VIEW COMMENTS) RRC Associates 73 June 21, 2016 - Page 140 of 52! Another interesting way to look at the data is to identify the share of respondents who allocated $0 towards the various efforts. Respondents were most likely to allocate towards actions to protect and enhance Gore Creek (only 13 percent allocated $0), followed by expanded housing opportunities (14 percent), transportation improvements, and parking improvements (each 18 percent). Over a third of respondents (38 percent) did not allocate any money towards the creation of a sizable enclosed space for cultural/community activities and events. This measure provides a metric for popular support for different capital priorities, and the broad support for Gore Creek and housing opportunities are notable. Figure 60. If you had $100 to spend on major efforts, how would you allocate that $100 across the following categories? (2016) Percent Allocating $0 Other 80% Creation of a sizable enclosed space to support a 38% variety of cultural and community activities and events ■ 2016 Parking improvements to add capacity at peak times _ 18% Transportation improvements to address needs 18% through bus service, both local and regional Expanded housing opportunities for middle income- 14% and service worker households Actions to protect and enhance Gore Creek M 13% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Percent Allocating $0 Responses are further analyzed by resident type, age, and priority ratings on the following pages. RRC Associates 74 June 21, 2016 - Page 141 of 52! As is illustrated below, year-round and part-time residents had considerably different financial priorities in this exercise. Year-round residents allocated more towards expanded housing opportunities (average $30 vs. $20 from part-time residents), while part-time residents put more money towards parking improvements ($22 vs. $18 from year-round residents) and transportation improvements ($22 vs. $15). There was a fairly narrow spread between the two resident types on average allocation towards actions to protect and enhance Gore Creek and creation of a sizable enclosed space for activities and events, indicating general consensus among year-round and part-time residents about the financial resources allocated towards these improvements. Figure 61. If you had $100 to spend on major efforts, how would you allocate that $100 across the following categories? — by Resident Type (2016) Average Allocation Amount $30 $25 o$20 Q c 0 U O � $15 m 0 Q $10 $5 $0 Expanded Parking Actions to Transportation Creation of a housing improvements to protect and improvements to sizable enclosed opportunities for add capacity at enhance Gore address needs space to support middle income peak times Creek through bus a variety of and service service, both cultural and worker local and regional community households activities and events RRC Associates Other 75 June 21, 2016 - Page 142 of 52! Financial preferences were also highly variable by age cohort. Perhaps most notably was the range of average allocation amounts for expanded housing opportunities, to which respondents under 35 allocated an average of almost half of their allotted budget ($45) and respondents over 65 allocated only $21 on average. Parking improvements and transportation improvements received higher allocation amounts from older respondents. The spread of average responses by age was again fairly narrow for actions to protect and enhance Gore Creek and the creation of a sizable enclosed space for activities and events. Figure 62. If you had $100 to spend on major efforts, how would you allocate that $100 across the following categories? — by Age (2016) Average Allocation Amount $45 $40 $35 m $20 ■ Overall Under 35 ■ 35 to 44 0 4 to 54 0 5 to 64 ■ 65 and older Expanded Parking Actions to Transportation Creation of a housing improvements to protect and improvements to sizable enclosed opportunities for add capacity at enhance Gore address needs space to support middle income peak times Creek through bus a variety of and service service, both cultural and worker local and regional community households activities and events RRC Associates Other 76 June 21, 2016 - Page 143 of 52! Despite the somewhat lower priority ratings for parking opportunities relative to other community issues noted earlier in the report, parking improvements rank highly in this financial prioritization exercise. In an effort to reach a deeper and more insightful understanding of the data, the allocation of funding is examined below based on the level of priority placed on parking opportunities for residents. Respondents have been segmented by whether they indicated that parking for residents was a priority (provided a 4 or 5 rating), not a priority (provided a 1 or 2 rating), or were neutral (provided a 3 rating). Not surprisingly, respondents who rated parking as a priority gave a larger allocation to parking on average ($22) than respondents who indicated parking is not a priority ($14). Average allocation amounts to other categories are similar, with the exception of actions to protect and enhance Gore Creek, which received an average of $30 from those who didn't find parking a priority and only $18 from those who did. As a result, it appears that respondents who do not identify parking as a high priority are highly invested in environmental priorities. This finding may suggest some opportunities to consider parking policies and strategies in a broader context related to environmental considerations. Such considerations would be especially likely to resonate with the younger (millennial) age segment. RRC Associates 77 June 21, 2016 - Page 144 of 52! Figure 63. If you had $100 to spend on major efforts, how would you allocate that $100 across the following categories? — by Priority Rating for "Parking Opportunities for Residents" (2016) Average Allocation Amount $25 $15 C CZ $10 $5 $0 ■ Overall ■ Priority (4 or 5 rating) ■ Neutral (3 rating) ■ Not a Priority (1 or 2 rating) Expanded Parking Actions to Transportation Creation of a housing improvements to protect and improvements to sizable enclosed opportunities for add capacity at enhance Gore address needs space to support middle income peak times Creek through bus a variety of and service service, both cultural and worker local and regional community households activities and events Other RRC Associates 78 June 21, 2016 - Page 145 of 52! 0 rowN of vain f _41 w AX TOWN OF VAIL RRC ASSOCIATES.. 2016 EMPLOYER/EMPLOYEE SURVEY RESULT +�I JUNE 2 0 Ai ,o•. "'� �T - �!• � l��l � .1• •i•l it - '� June 21, 2016 - 1 TABLE OF CONTENTS METHODOLOGY &KEY FINDINGS DEMOGRAPHICS 8c RESIDENTIAL STATUS EMPLOYER/EMPLOYEE PROFILE OPARKING 8c TRANSPORTATION EVALUATION OF CURRENT RESIDENCE COMMUNITY PRIORITIES COMPARISON TO 2016 COMMUNITY SURVEY June 21, 2016 - Page 147 of 529 METHODOLOGY DINGS (M METHODOLOPN The Employer -Employee Survey was distributed using two different methods. Several of the largest employers in Town were contacted and requested to distribute an invitation to complete the survey on-line to their entire workforce that had digital access. These "large employers" included the Town of Vail, among others. Postcards were also sent to a sampling of business owners using a list obtained from the Town. These business operators were requested to complete the survey on-line themselves, as well as to distribute the survey to all employees. The surveys had some questions designed specifically for business operators, in addition to question for employees. Together, these two types of outreach resulted in 792 completed surveys, as well as some partially completed forms. June 21, 2016 - Page 149 of 529 (M METHODOLOPN The Employee -Employer survey was designed to complement the Community Survey and to reach younger members of the community that often don't respond to traditional surveys. This effort was successful with strong response from persons 34 and under (millennials, 37%). The Employee -Employer survey resulted in a variety of findings that will be shared with town staff and other appropriate entities (for example, results on housing, transportation and parking). Overall findings are summarized in this report; the resulting data base is available for greater exploration. June 21, 2016 - Page 150 of 529 IP KED FINDINGS. • The employer questions on the survey provide insight on the future plans of a sampling of businesses. Overall, 30% will increase employment in coming years. 60% will stay the same. Clearly, growth is expected. • The ability to recruit has "declined substantially" with 62% saying it has "gotten worse." 88% of responding businesses call affordable housing one of the more serious problems" (48%) or "the most critical problem in the region" (40%). This compares to 2007 County survey results that showed 28% "critical" and 48% "one of them most critical problems." • Clearly, the data suggest problems exist for employers and employees. June 21, 2016 - Page 151 of 529 • In addition to Employer questions related to workforce issues, the survey also contained detailed questions designed to support ongoing housing needs assessment work. Findings include: The median household rent/mortgage payment as reported by survey respondents is $1,600 with 32% paying over $2,000. These data, when combined with income data, provide data means to analyze relative housing costs by location in Vail and the County. Satisfaction with current housing and community is fairly high (87% satisfied or very satisfied). In other words, many in the workforce that are calling for attention to housing issues are satisfied themselves but believe this is a community issue. June 21, 2016 - Page 152 of 529 RRC • The survey examined various questions related to housing preferences by community. This data is relevant to the marketing and anticipated likely appeal of Chamonix, but it may prove valuable for other new developments in the future. Data show, persons living in Vail, Eagle -Vail and Avon are potentially interested in living in Vail. But residents of communities further down valley including Edwards, Eagle and Gypsum show relatively low interest in Vail. Most respondents prefer to stay in the town they currently live in. • About 48% of Vail residents expect to stay in their current residence for the next two years, with 30% interested in a different location, and 22% anticipating moving outside the County. This measure deserves attention and it is much higher for those in Vail than from elsewhere in the county (14% expect to move away). June 21, 2016 - Page 153 of 529 RRC TRANSPORTATION ANC' BARKING • Most responding employees drive to work and most have access to a private lot (65%). About 20% report using the parking structures and few report using Ford Park or the Soccer fields. • Most respondents feel that there is not enough parking in Town in winter (77%). • Concerning preferred parking locations there is an almost even split between the Village (35%), Frontage Road (34%) and Lionshead (31 %). • When asked why, convenience was most often cited (57%), then cost (35%). • Similar to the Community survey there is support for demand -based parking by about 30% of respondents, with 23% uncertain. June 21, 2016 - Page 154 of 529 �OMMUNI- V ISSUF- r • Questions on community issues show housing as the dominant theme. About 80% rate focus on middle income and service worker housing a "4" or "5" (compared to 70% on the Community Survey). • In general, employees rate other issues as relatively lower priorities than those that were expressed through the Community Survey (i.e. budget and capital management, environmental sustainability, guest relations, etc.). • Concerning the Top Two priorities of workers, Housing and Resident Parking dominate. Parking for visitors/guests is the lowest rated priority. June 21, 2016 - Page 155 of 529 J�DEMOGRAPHICSTIALS � STATUS 0 DEMOGRAPHIC PROFILE The respondent age profile strongly represents younger residents, with 37% of the sample under age 35 and an average age of 41. Respondents were most likely to be singles without kids or live in households with kids (each 31 %). Most households (69%) earn between $50,000 and $149,999 per year. Demographic Profile 18-24 4% 25-34 33% 35-44 27% Age 45-54 20% 55-64 13% 65-74 3% 75 or older 0% Gender Female - Male - Single, no children 31% Household Couple, no children 28% Status Household with children living at home 31% Empty -nester, children no longer at homed 10% Under $50,000 10% $50,000 - $74,999 20% Annual Household $75,000 - $99,999 23% Income $100,000 - $149,999 26% $150,000 - $199,99915% $200,000 or more 6% Average 40.8 Median 39.0 57% 443% Average $112,982 Median $90,000 10% 10% 20% 30% 40% 50% Percent Responding !x616 - Page 157 of 529 60% 0 RESIDENTIAL CHARACTERISTICS Renters were well -represented in the sample (40%), while owners accounted for 59% of respondents. Respondents have generally lived in the Town of Vail for a shorter period of time — 29% have lived in the town for under five years. 38% responded "not applicable," indicating that they likely live out of town. Residential Characteristics Own Do you own or rent your Rent residence? Other Less than 1 year 1-5 years How long have you lived within the Town of Vail 6-15 years (or owned property if a non-resident)? More than 15 years 1% 8% 22% 16% 17% 40% Not applicable 38% 59% 0% 10% 20% 30% 40% 50% 60% 7n°/ 80% 90% 100% Percent Responding 16 - Page 158 of 529 rWr RRC 0 LOCATION OF RESIDENCE IN TOV Seven in ten respondents (71 %) live outside of the Town of Vail. Among those who do live in the TOV, top locations of residence include East Vail (28%), West Vail (17%), Potato Patch/Sandstone (15%), and Intermountain (12%). Location of Residence Is your residence Yes 29% within the town of Vail? No 71% East Vail 28% West Vail (north of 1 70) 17% Potato Patch, Sandstone 15% Intermountain 12% Vail Village ■ 6% (If yes) Where? Matterhorn, Glen Lyon 6% Vail Commons/Safeway area 4% Buffehr Creek, Lionsridge, the Valley 4% Golf Course 4% Lionshead 4% Booth Falls and Bald Mountain Road areas 3% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Percent Responding June9F W,16 - Paged 0 LOCATION OF RESIDENCE OUTSIDE TOV Among respondents who live outside of Vail, top locations of residence include Edwards (27%), Eagle -Vail, Eagle (each 17%), Avon (16%), and Gypsum (12%). Smaller shares live in Minturn (5%), Leadville/other Lake County areas, or Summit County (each 1 %). Location of Residence Outside of Town of Vail Edwards Eagle -Vail 17% Eagle 17% Avon A& 16% Gypsum Minturn Leadville or other Lake County areas , 1% Summit County , 1% 0% 2% 12% 5% 27% 4% 6% 8% 10% 12% 14% 16% 18% 20% 22% 24% 26% 28% 30% Percent Responding ne 21, 2016 -Page 160 of 529 � EMPLOYER/EMPLOY M� CHALLENGES EMPLOYERS FACE Most employers said their number of employees would stay the same in the next two years (60%). However, many indicated that recruiting/retaining qualified employees has gotten harder (62%), primarily due to the lack of applicants, and most believe affordable housing is a serious problem (88%). Challenges Employers Face Within the next two years, do you plan to: How has the ability to recruit and retain qualified employees changed for your business over the past three years? Do you feel that the availability of affordable housing for the workforce in Eagle County is: Increase your number of employees Stay about the same Reduce your numer of employees Don't know Improved/gotten easier Stayed about the same Declined/gotten harder Dont know/not applicable Not a problem One of the region's lesser problems A moderate problem One of the more serious problems The most critical problem in the region h 30% ML 0% 10% 6% 120% IL W 60% 62% 1412% M3% 12% = 8% 0% 10` 48% 40% 20% 30% 40% 50% Percent Responding June 21, 2016 - Page TFPRW 60% 70% EMPLOYMENT PROFIL r-1 A majority of respondents are employed in the TOV (81 %), while 20% are employed outside of Vail and 1 % are unemployed. Most respondents held one job in winter 2016 (80%), 17% held two jobs, and 2% held three, with an average of 1.2 jobs reported. Employment Profile I'm employed in the Town of Vail Where is your primary I'm employed outside the Town of Vail 20% employment? L I am not employed 11% 0 10% 1 How many jobs do you currently hold 2 17% (winter 2016)? 3 12% 4 10% Average 1.2 81% 80% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Percent Responding June 21, 2016 - Page 163 of 529W R OCATION OF EMPLOYMENT In Vail, respondents were most likely to work in Vail Village (49%), some other location (28%), or Lionshead (17%). "Other" locations identified in the comments include the VVMC and municipal building. Those working outside of Vail mainly work in Edwards (40%), Avon (29%), and Gypsum (26%). Location of Employment Vail Village Other Lionshead Location of your Mostly on Vail Mountain employment in the town of Vail West Vail Cascade area From home East Vail Edwards Avon Gypsum Beaver Creek Location of your Eagle employment Other Colorado outside the town of Eagle -Vail Vail Minturn Other state or international Front Range/Denver Leadville or other Lake County areas Summit County 28% 17% 9% = 29% 26% 40% 49% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 55% Percent Responding ne9W16 - Page 164 of 52 101 June 21, 2016 - Page 165 of 529 TRANSPORTATION In the winter, respondents generally commute to work by driving (80%), followed distantly by taking the TOV bus (8%). Respondents are less likely to drive to go to Vail Mountain for skiing or riding (64%), and more likely to use alternative transportation methods like the TOV bus (17%) or carpooling (7%). Transportation How do you typically get from home to work in How do you typically get to skiing/riding on Vail winter? Mountain? Drive Bus — Town of Vail .8% Other ' 5% With a friend/carpool' 3% Bus — Eco Transit ' 3% Walk 12% Bike 10% 80% 0% 17% 64% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Percent Responding Percent Responding June 21, 2016 - Pagell!99W to) PARKING FOR WORK Respondents who indicated that they drive to work were asked where they usually park. Most park in a private lot at their place of employment (65%), while 12% park at the Lionshead Parking Structure and 7% at the Vail Village Parking Structure. Where do you usually park when driving to work? At my place of employment (private I Parking Structure — Lionshead Parking Structure — Vail Village Ford Park Soccer Field 7% 2% 0% 12% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% Percent Responding 65% 55% 60% 65% 70% RRC ASSOCIATES. A PARKING FOR SKIING/RIDING When asked to identify their first and second choices for parking for skiing/riding, respondents most often selected a private lot (46% rated it as their first or second choice), followed by the Lionshead (41 %) and Vail Village (40%) parking structures. Where is your first choice to park for skiing/riding? And your second choice? Private Lot 36% 10% Parking Structure — Lionshead 22% 41% Parking Structure — Vail Village 16LoWL 23% J40% Don't know/no opinion % 17% 22% Safeway Frontage Road 4% 7% 11% Donovan Pavilion 4°/od 4% 9% Ford Park Soccer Field ■ First Choice for Skiing/Riding Parking m Second Choice for Skiing/Riding Parking 10% 15% 20% 25% 30% 35% 40% Percent Responding une 21, 2016 - Page 168 of 529 46% 45% 50% to) PARKING PASS OWNERSHIP Roughly one in five respondents owns a TOV parking pass (19%). Among those who own passes, the most popular pass is the value card (36%), followed by the Gold Pass/Blue Pass (22%), Green Pass (14%), and Pink Pass (9%). Parking Pass Ownership Do you have a Yes % Town of Vail parking pass? No Value Card Gold Pass/Blue Pass (If yes) Type of Other Parking Pass Green Pass Pink Pass 9% 0% 10% 22% 19% 14% 36% 81% 20% 30% 40% 50% tz` 70% 80% 90% Percent Responding vul 16 - Page 169 of 529 rM RRC A SATISFACTION WITH PARKING EXPERIENCE Respondents are generally satisfied with the safety of parking access (60% gave 4 or 5 ratings) and convenience of access (43%). However, respondents were generally dissatisfied with the ease of finding parking and overall parking experience, with larger shares of 1 or 2 ratings than 4 or 5 ratings for each. Satisfaction with Aspects of Parking Experience Safety of access to work/skiing/shopping from parking Convenience of access from 25% parking to where you are going Ease of finding parking The overall parking experience in Vail ■ 1 -Extremely dissatisfied ■2 3 -Neutral �4 ■ 5 -Extremely satisfied M 14% 0% 10% 20% 31% 33% ' 24% 21% 20% 31% Mh M 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding June 21, 2016 - Page 170 of 529 C� WINTER PARKING AVAILABILITY Over three-quarters of respondents (77%) feel that winter parking is inadequate in the TOV. 11 % said there is enough parking during the winter, and 13% were uncertain. Is there enough parking in the Town of Vail in winter? June 21, 2016 - Page 171 of 529 If VVMC did not pay for my parking at Solaris I would either have to get to work very early to get a spot, or I would have to pay a large portion of what 1 make to park for work. Seems like the people who live and work here are usually overlooked when it comes to benefits like parking. We can't afford $20. + a day to park. N 111 " It's too expensive, I have opted to not go skiing due to the price of parking. There is no incentive to carpool or transport by a method other than driving myself. Unfortunately the bus system for ECO (outside Town of Vail) is not reasonable priced (e.g. in Summit County it is free) and not incentivized enough to take advantage of. The thought of parking to ski/go to work is frustrating. There are not enough options for locals to park that are free and/or convenient. RRC ASSOCIATES C� WINTER FRONTAGE ROAD PARKING Approximately a quarter of respondents (23%) parked on the Frontage Road during the 2015/16 winter. Among respondents who used the Frontage Road, use was limited with over half (58%) using it three days or fewer and an average usage of 5.7 days. Have you parked on the Frontage (If yes) Approximately how many days have you parked Road this winter (2015/16)? on the Frontage Road this winter (2015/16)? 1 15% 2 '43 4 5% M 10-30 14% 31+ 2% 0% 5% 10% 15% Percent Responding 24% 20% Average 5.7 20% 25% neIW16 - Page 173 of 529 CHANGES IN PARKING PATTERNS Respondents were asked whether their parking or transportation patterns for work/shopping or recreation change on powder days. Most respondents don't change their patterns, with only 27% saying they change their transportation patterns for work/shopping and 29% for recreation due to new snow. Changes in Parking Patterns Due to New Snow Does your parking or transportation pattern for recreation Does your parking or transportation pattern for work or (skiing/riding) change on days with new snow? shopping change on days with new snow? June 21, 2016 - Page 174 of 529 I COMMENTS ON CHANGES IN PARKING PATTERNS Parking for Work or Shopping Respondents indicated that with fresh snow, they must leave earlier for work or shopping. Some use alternative transportation like the bus, being dropped off, or walking, while others avoid Vail entirely. A sampling of comments is provided below. Ihaveto is leave earlier Parking for Recreation (Skiing/Riding) For recreational activities, many respondents again said they leave earlier when there is fresh snow. Others choose to go to other ski resorts instead of Vail or use alternative methods like the bus, carpooling, or being dropped off. A sampling of comments is provided below. Arrive as early as Mq possible and carpool. Take the bus r Parked on the Frontage Road June 21, 2016 - Page 175 of 529 C� WINTER PARKING PREFERENCES Respondents show equal preference for the three parking areas in the winter, with 35% preferring the Village Structure, 34% preferring the Frontage Road, and 31 % preferring the Lionshead Structure. The primary reason for choosing their preferred parking location was convenience (57%). Winter Parking Preferences Village Structure 35% In general, do you prefer to park on the Frontage Road when it is Frontage Road 34% available in winter, or in the Village/Lionshead Structures? Lionshead Structure 31% Convenience, closer to where I want to go Why do you prefer to park in Cost 35% that location? W M Other factors E. 13% 0% 10% 20% 30% 40% 50% Percent Responding neIW16 - Page 176 of 529 57% 60% C'* PARKING PREFERENCES BY PREFERRED LOCATION Respondents who prefer to park on the Frontage Road identified cost as the main reason why they prefer it. Meanwhile, respondents who prefer the Village or Lionshead structures were much more likely to cite convenience as a reason. Why do you prefer to park in that location? By Preferred Parking Location Frontage Road Convenience, closer to' 7% where I want to go Cost Other factors 13% Village Structure 86% 95% ■ 4% ■ 4% 15% Lionshead Structure 19% 84% 0% 20% 40% 60% 80% 100% 0% 20% 40% 60% 80% 100% 0% 20% 40% 60% 80% 100% Percent Responding Percent Responding Percent Responding RRC ASSOCIATES A PARKING FES POLICY OPINIONS A strong majority of respondents are opposed to charging a fee for Vail's public parking lots during the summer (88%), with only 6% in support. Respondents were also asked whether Town parking rates should be based on demand, to which roughly half (47%) said "no" and roughly a third (30%) said "yes." Parking Fee Policy Opinions Would you support charging a fee for parking in public lots in Vail during the summer months? . va L --.m Uncertain 6% Should Town parking rates be based on demand? Uncertain 23% June 21, 2016 - Page 178 of 529 0 0 I think the answer is have more lots where people can park and have free transportation into Vail. Charging for parking in summer months will discourage much needed tourism from Denver and other drive in markets. Provide locals with a discount card. Front rangers & visitors can afford the parking price. Locals cannot (and shouldn't be expected to pay that much when going to work). Public transit to Vail from down valley is horrible. The reason people drive is that taking the Eco bus takes 45 min from Edwards each way and is in no way convenient Probably would not come into vail during the summer if there was a charge for parking It would be nice if there were more/better peripheral parking and then shuttles. Copper Mtn pulls this off really well. RRC ASSOCIATES 10 EVALUATION OF CURR SIDENCE () MONTHLY RENT/MORTGAGE PAYMENT When asked how much they spend each month on rent or a mortgage payment, a quarter of respondents (25%) spend under $1,200, 42% spend between $1,200 and $1,999, and a third (32%) pay $2,000 or more. The average spending is roughly $1,700 per month and the median is $1,600 per month. Monthly Rent/Mortgage Payment $100-299 0% $300-599 $600-1,199 $1,200-1,999 $2,000-2,999 3% 22% Average � $1 ,715 Median $1,600 $3,000+ 7% 25% 0% 5% 10% 15% 20% 25% Percent Responding 42% 30% 35% 40% 45% ne 21, 2016 - Page 181 of 529 C) SATISF&rTION WITH RESIDFNCE & COMMUNITY Respondents are generally satisfied with their current residence (40% responded "very satisfied," 47% "satisfied") as well as their community (46% "very satisfied," 47 percent "satisfied"). Satisfaction with Current Residence 8t Community Satisfaction with Current Residence Very satisfied 40% Satisfied AN Not satisfied � 10% Very dissatisfied 1 3% 0% 10% 20% 30% 40% Percent Responding 47% 1% 50% 0% Satisfaction with Community 6% 46% 47% 10% 20% 30% 40% 50% Percent Responding IF June 21, 2016 - Page '�T9 n —0— SATISFACTION WITH RESIDENCE BY LOCATION Respondents living outside of Vail are typically more satisfied with their current residence than respondents living in the Town of Vail. Respondents living in Edwards, Eagle, and Gypsum report particularly high satisfaction with their current residence. Satisfaction with Current Residence Overall By Location Residence in Vail ' of Residence Residence outside of Vail Eagle -Vail Avon By Location Edwards of Residence Outside Vail Minturn Eagle ■ Very satisfied Gypsum ■ Satisfied ■ Not satisfied 0% 10% 20% 30% ■ Very dissatisfied 47% 49% ' 46% ' . 12% 5% 40% 50% 60% 70% 80% 90% 100% Percent Responding ne 21, 2016 - Page 183 of 529 C) SATISFArMON WITH COMMUNIT "Av LOCATION Similarly, respondents with homes located outside of Vail are generally slightly more satisfied with their community than Vail residents. High community satisfaction is noted among residents of Eagle -Vail, Edwards, and Minturn. Satisfaction with Community Overall bm By Location Residence in Vail of Residence Residence outside of Vail By Location of Residence Outside Vail Eagle -Vail Avon Edwards Minturn Eagle:' . ■ Very satisfied ■ Gypsum Satisfied ■ Not satisfied 0% 10% 20% 30% ■ Very dissatisfied 47% •' . 8% ' . 4% hool 46% M 97ol' 52% 37% I M 40% 50% 60% 70% 80% 90% 100% Percent Responding 21, 2016 - Page 184 of 529 SEASONS FOR ❑ Rent prices have skyrocketed. I have lived in the valley for more than a decade, but am considering moving due to this. The only downside is the 33 mile commute, each way, each day. Dog owners are not responsible or held accountable for dog waste/behavior. It needs to be enforced so everyone can enjoy a park without stepping in a mess. Poor public transit. The area lacks a real sense of community with focus on tourism- I get it, that's why we are all here, but lets be real, this isn't a community. E High rent for low quality. Real estate prices are high which probably means I will have to quit my job with the TOV. I would love to stay and hoped that the Chamonix project would be the answer. However it seems that it is going to be an extremely slow process for development. RRC ASSOCIATES t1. FUTURE RESIDENCE CONSIDERATIONS Most respondents plan to stay in the current residence in the next two years (60%). However, one in four (24%) plan to purchase/rent a different residence in the area, most frequently preferring Edwards (39%), Eagle -Vail (35%), Avon (29%), or West Vail (28%). Future Residence Considerations Within the next two Stay in my current residence M years, do you plan to: Purchase or rent a different residence in the area M Move outside Eagle County Edwards Eagle -Vail Avon 24% X16% 39% 35% M 29% 40% 50% Percent Responding 60% 60% 70% tune 21, . -..- Too. - RRC ASSOCIATES West Vail (north of 1 70) 28% Eagle 22% East Vail 17% Minturn 15% Gypsum 13% Intermountain 13% Where would you Vail Commons/Safeway area 13% prefer to purchase or Potato Patch, Sandstone 11 % rent a different home Matterhorn, Glen Lyon i 11% in the area? Buffer Creek, Lionsridge, the Valley 9% Vail Village 7% Booth Falls and Bald Mountain Road areas 6% Other 6% Beaver Creek � 4% Booth Creek/Aspen Lane 4% Summit County 4% Golf Course 3% Lionshead 2% Leadville or other Lake County areas 2% 0% 10% 20% 30% 40% 50% Percent Responding 60% 60% 70% tune 21, . -..- Too. - RRC ASSOCIATES n_,_ FUTURE RESIDENCE CONSIDERATIONS BY LOCATION Residents of Vail are more likely to consider purchasing/renting a difference residence in the area or moving outside of Eagle County, while residents of other areas are more likely to plan on staying in their current residence, particularly those living in Eagle. Within the next two years, do you plan to: Stay in my current residence Purchase or rent a different residence in the area Move outside Eagle County By Location of Residence 48% soon—jog 65% 30% 21% tResidence in Vail Residence outside of Vail 22% By Location of Residence Outside Vail 63% — 25% 26% 20% 13% - 29% 12% ■ 22% 51% ■ 67% 63% ■ Eagle -Vail ■ Avon ■ Edwards Eagle ■ Gypsum =13% F k 14% 11% 8% 0% 10% 20% 30% 40% 50% 60% 70% 80% 0% 10% 20% 30% 40% 50% Percent Responding Percent Responding June 21, 2016 - Page 76% 60% 70% 80% tj, FUTURE RESIDENCE CONSIDERATIONS BY LOCATION Respondents living in Vail, Eagle -Vail, and Avon are particularly likely to consider a future residence in Vail. Interestingly, residents of Edwards, Eagle, and Gypsum are most likely to indicate that they would seek to purchase/rent a different home in their respective town. Where would you prefer to purchase or rent a different home in the area? By Location of Residence Vail Eagle -Vail Edwards ' Avon ' Minturn ' Eagle I Beaver Creek Other Summit County Gypsum Leadville or other Lake County areas Residence in Residence Vail outside of Vail ■ Eagle -Vail By Location of Residence Outside Vail Avon Edwards Eagle 0 June 21, 2016 - Page 188 of 529 Gypsum ■ As a Vail Resorts manager it is challenging to hire quality seasonal staff as they a/can't find a place to live or b/can't afford what is available. Severe shortage of units available to year round employees. Either as rentals or purchase. I would like to see Vail's larger employers work with the town of Vail to help employees find affordable housing. It is well known that current wages make living in Vail or even Avon difficult for more than a season or two. This is essential if there is going to continue to be a real and diverse community in Vail. Professional salaries not commensurate with cost of even mediocre housing The current renting culture with homeowners pulling their places from the rental pool for Air 8&B etc. is concerning. In a market that already has limited housing availability, this tread is concerning. Is there a credit or tax break that can be provided for those that choose to put their unit in the rental pool? The pet -unfriendly attitude of Eagle County housing is strong enough to make me look elsewhere. RRC ASSOCIATES T I Ow I ff FEW June 21, 2016 - Page 190 of 529 PRIORITIZATION OF COMMUNITY ISSUES On a scale from 1 to 5, where 1 is "not a priority" and 5 is "high priority," respondents rated focus on middle income/service worker households (81 percent gave 4 or 5 ratings) as the top priority. However, all areas were rated as priorities, with each receiving 4 or 5 ratings from at least half of respondents. Priorities: Community Issues and Opportunities Focus on housing for middle income and service ■ worker households in vital support roles Parking opportunities for residents Transportation needs (bus service — local and regional) Environmental sustainability (waste and energy conservation programs, environmental education, etc) Actions to protect and enhance Gore Creek Budget and capital management (keeping Vail fiscally healthy) Guest relations and customer service Economic vitality (investing in facilities, services and events to keep Vail competitive) Parking opportunities for visitors/guests ■ 1=Not a priority ■2 ■ 3=Neutral ■4 ■ 5=High priority 24% 21% , 28% 24% ' . 29% 23% ''. 27% '. '. ' . 28% 26% •' . :' . •'. 34% . 26% •'. •' ''. 29% 33% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percent Responding June 21, 2016 - Page 191 of 529 (D TOP TWO COMMUNITY PRIORITIES When asked to select their top two priorities, focus on housing for middle income/service worker households again dominated the list of community issues (63% of respondents selected this), followed distantly by parking opportunities for residents (33%). Top Two Priorities: Community Issues and Opportunities Focus on housing for middle income and service worker households in vital support roles Parking opportunities for residents Economic vitality (investing in facilities, services and events to keep Vail competitive) Environmental sustainability (waste and energy conservation programs, environmental education, etc) Transportation needs (bus service — local and regional) Budget and capital management (keeping Vail fiscally healthy) Actions to protect and enhance Gore Creek Guest relations and customer service Parking opportunities for visitors/guests Is w 20% 33% 30% 40% Percent Responding 50% 60% ne9W16 - Page 192 of 529 63% 70% TOP TWO COMMUNITY PRIORITIES BY AGE Younger respondents were considerably more likely to select focus on housing for middle income/service worker households and parking opportunities for residents as priorities. In contrast, older respondents placed higher priority on economic vitality, budget and capital management, and guest relations. Top Two Priorities: Community Issues and Opportunities By Age Focus on housing for 9'60% 74% • Budget and capital x'60% middle income and a 62% 60% • management service worker 040% 44% (keeping Vail fiscally ° 0 40 /° a W 14% 16% o 2 % households in vital ° � 20% healthy) ° � 20% 4 • support roles 0% o% o 8% Parking opportunities for 60% `0 3$% o 33% Actions to protect 60% residents 40% a • 19% and enhance Gore 040% L) CL a 1 15% ry ° ° 36 /0 • Creek ° � 20% 6% 11 % 0% o% 8% • Economic vitality x160% °160% (investing in facilities, 2 040% 0 24 /o 31 % Guest relations and 040% services and events to � ° 11% • • • customer service ) 11% 8% keep Vail competitive) x 20% ° 29 /o 20% 7% 8% • o% o% • Environmental 0) 0) sustainability (waste and r 60% .0 60% energy conservation a) 20 ° 40 /° 22% ° 26% Parking opportunities D o40% CL programs, environmental 20% 14% ° 16 /o • for visitors/guests N o_ W 20% 6% 5% education, etc) 0% • • o% 4% • • •7% =160% Under 35 35-44 45-54 55+ Transportation needs (bus service — local and a 040% a (20% 17% 14% 14% 15% regional) 0% Under 35 35 - 44 45-54 55+ June 21, 2016 - Page 193 of 529 (D DIRECTION OF TOWN OF VAIL Respondents were more likely to indicate that the Town of Vail is heading in the "right direction" (41 %) than indicate that it is on the "wrong track" (21 %). A relatively large proportion of respondents said they didn't know (38%). Would you say that things in the Town of Vail are going in the right direction, or have they gotten off on the wrong track? Don't know 38% June 21, 2016 - Page 194 of 529 COMMENTS ON DIRECTION OF TOWN OF VAIL Respondents Selecting "Right Direction" Respondents who said Vail is moving in the "right direction" emphasized the leadership, fiscal responsibility, and transparency of the Town Government and Town Council. Many said the Town is focusing on the right issues. A sampling of comments is provided below. It is obvious from the upgrades that Vail is moving forward. Responding Selecting "Wrong Track" Respondents who said Vail is on the "wrong track" cited problems with housing affordability and the cost of living, a lack of focus from the Town on local residents, and loss of the sense of community. A sampling of comments is provided below. June 21, 2016 - Page 195 of 529 �h COMPARISON TO 2016 � COMMUNITY SURVE)A DEMOGRAPHIC PROFILE 2016 Employer/Employee Survey (EES) respondents were considerably younger and more likely to be singles without children and comparatively less likely to be empty -nesters than 2016 Community Survey (CS) respondents. Demographic Profile By Survey 2016 Employer/Employee Survey 2016 Community Survey 18-24 14% 10% 25-34 2016 2016 33% =11% Employer/ Communityo 0 35-44 Employee 27 /o _ 15 /o Survey Age 45-54 Survey W' 20% - 18% 55-64 Average 40.8 56.9 , 13% Median 39.0 56.0 65-74 F3% 75 or older 0% Female Gender Male Single, no children Household Couple, no children Status Household with children living at home Empty -nester, children no longer at home 11L AMMM 31 % 28% 31% -21% ■ 6% 57% 43% 20% = 10% ■ 0% 20% 40% 60% 0% Percent Responding 29% 52% ERN - 24% - 26% _ 29% 20% 40% 60% Percent Responding June 21, 2016 -Page R :SIDE CHARACTERISTICS Relative to the CS sample, the EES sample was more representative of renters. EES respondents were also less likely than CS respondents to have lived in the Town of Vail for a long period of time. Residential Characteristics By Survey Own Do you own or rent your Rent residence? How long have you lived within the Town of Vail (or owned property if a non-resident)? Other Less than 1 year 1-5 years 2016 Employer/Employee Survey 59% 1% 8% 22% 40% 6-15 years 16% More than 15 years . 17% Not applicable 38% 0% 20% 40% 60% Percent Responding 2016 Community Survey 47% 84% ■ 12% 80% 100%0% 20% 40% 60% 80% 100% Percent Responding une 21, 2016 - Page LOCATION OF RESIDENCE A majority of EES respondents live outside of the TOV; the CS sample shows exactly the reverse with a majority of respondents living in town. Despite this considerable difference between the two surveys, the distribution of in -town respondents by neighborhood is relatively similar in both surveys. Location of Residence By Survey 2016 Employer/Employee Survey Is your residence Yes - 29% within the town of Vail? No 71% East Vail 28% West Vail (north of 1 70) _ 17% Potato Patch, Sandstone EL 15% Intermountain = 12% Vail Village 06% Matterhorn, Glen Lyon E 6% Vail Commons/Safeway area 14% (If yes) Where? Buffehr Creek, Lionsridge, the Valley 14% Golf Course 14% Lionshead 14% Booth Falls and Bald Mountain Road areas 13% Other Not a resident of the town of Vail Booth Creek/Aspen Lane 2016 Community Survey 78% - 22% - 26% �15% 12% 8% 07% 06% 13% ■ 5% 13% ■ 5% 14% 14% 11% I1% 0% 20% 40% 60% 80% 0% 20% 40% 60% 80% Percent Responding Percent Responding RRC ASSOCIATES DIRECTION OF TOWN OF VAIL CS respondents more frequently said that the Town of Vail is going in the "right direction" than EES respondents; meanwhile, EES respondents were more likely to indicate that they didn't know. Would you say that things in the Town of Vail are going in the right direction, or have they gotten off on the wrong track? By Survey 60% 50% -0 40% 20% M 41 % 10% 0% Right direction Wrong track Don't know ■ 2016 Employer/Employee Survey ■ 2016 Community Survey 38% June 21, 2016 - Page 200 of 529 SUPPORT FOR SUMMER PARKING FEE A majority of both EES and CS respondents opposed charging a fee for public parking in Vail during the summer. However, EES respondents were even more likely to say that they oppose this idea. Would you support charging a fee for parking in public lots in Vail during the summer months? By Survey 2016 Employer/Employee Survey res' ro/A Uncertain 6% 2016 Community Survey June 21, 2016 - Page 201 of 529 SHOULD TOWN PARKING RATES F'- nIASr-D ON r)EMAND? CS respondents were slightly more supportive of a potential parking policy where rates are based on demand than EES respondents were. EES respondents were more likely to oppose this idea or say they were uncertain. Should Town parking rates be based on demand? By Survey 2016 Employer/Employee Survey 2016 Community Survey Uncertain Uncertain 23% 18% June 21, 2016 - Page 202 of 529 0 PRIORITIZATION OF COMMUNITY ISSUES Some differences emerged in the prioritization exercise. EES respondents gave higher priority ratings to focus on housing for middle income/service worker households, while CS respondents rated all other areas as higher priorities than EES respondents with the exception of parking opportunities for residents. Top Priorities: Community Issues and Opportunities - Percent Responding "4" 8t "5" By Survey Focus on housing for middle income and service worker households in vital support roles Parking opportunities for residents Budget and capital management (keeping Vail fiscally healthy) Transportation needs (bus service — local and regional) Environmental sustainability (waste and energy conservation programs, environmental education, etc) Economic vitality (investing in facilities, services and events to keep Vail competitive) Actions to protect and enhance Gore Creek Guest relations and customer service Parking opportunities for visitors/guests ■ 2016 Employer/Employee Survey ■ 2016 Community Survey 81 70% 71% 67% 68% r. 0% 10% 20% 30% 85% 68% 76% r 64% 72% 62% 77% 61% 79% 60% 69% 52% - 67% 40% 50% 60% 70% 80% 90% Percent Responding neIW16 - Page 203 of 529 40 TOP TWO COMMUNITY PRIORITIES EES respondents were much more likely to select focus on housing for middle income/service worker households and parking opportunities for residents as their top two priorities. CS respondents more often chose economic vitality and budget and capital management. Top Two Priorities: Community Issues and Opportunities By Survey J Focus on housing for middle income and service ji 63% worker households in vital support roles 38% Parking opportunities for residents ° 17 /o Economic vitality (investing in facilities, services and 21% events to keep Vail competitive) Environmental sustainability (waste and energy 19% conservation programs, environmental education, etc) 20% Transportation needs (bus service — local and regional) % 16% —11 Budget and capital management (keeping Vail fiscally 14% healthy) Actions to protect and enhance Gore Creek 12% 20% Guest relations and customer service 10% 13% Parking opportunities for visitors/guests 5% 13% 0% 10% 20% = 33% 36% ■ 2016 Employer/Employee Survey ■ 2016 Community Survey 30% 30% 40% 50% 60% 70% Percent Responding ne9W16 - Page 204 of 529 LINKS TO OPEN-ENDED COMMENTS (Employers Only) If you have unfilled positions, can you briefly state why? (Employers Only) Do you have any specific comments or suggestions concerning workforce housing issues or opportunities in the Town of Vail? Why is that your first choice to park for skiing/riding? Any comments on your response concerning parking? (other) In what way does your parking or transportation pattern for work or shopping change on days with new snow (powder days In what way does your parking or transportation pattern for recreation (skiing/riding)) change on days with new snow (powder days Do you have any comments on your responses to the previous question about preferred parking location in winter? Do you have any other comments or suggestions concerning parking policies in Vail in winter or summer? If not satisfied or very dissatisfied with ,your residence or community, can you briefly describe why? Where would you prefer to purchase or rent a different home in the area? In a few words, please explain Do you have any additional comments or suggestions concerning the availability of housing in Eagle County to meet your household's needs? Any comments on your responses about community priorities? Would you say that things in the Town of Vail are going in the right direction, or have they gotten off on the wrong track? ne 21, 2016 - Page 205 of 52 Ni rt VAIL COMMUNITY & � Presented by: Chris Cares EMPLOYER-EMPLOYEE RRC Associates SURVEY 1 2016 June 21, 2016 _ n Y 1 C. yyiiT�l-` • � .. -- TOWN O . Y 11"T'1� i Ij N� • "` i M1 .•P �- 4 � x 2016 COMMUNITY SURVEY Li -All 'o A TAT- F O 2016 was designed to be directly comparable to 2014, 2012, and 2010 methods O The 2007 survey was phone -based, prior to that both mail and phone were used O Year-round residents and part-time homeowners were sent a postcard invitation to the web survey with two passwords per card O Residents were able to request paper surveys by phone as an alternative O Later, an "open link" was advertised for the web survey Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 208 of 529 3 FRONT HOW ARE WE DOING? FaMMI Town of Vail Community Survey ((:� TOWN OF VAIf / Go RRGAasadst- Let us know haw we're doing by completing our Community PBoddi CO.17830 autos surveyat: tovsurvey.org • Evaluate your satisfaction with tramit, parking, snowplowing and other town services • Share your thoughts and ideas about the most important issues facing Vail 6y taking the survey, you'll have a chance moo to win a drawing for one of five $100 VISA Gift Cards_ The first 100 completed surveys will comprise the first pod of entrants, so complete your survey and enter soon! Please respond within 10 days to be sure your opinions are heard. You can also request a paper version of the survey by calling 970A792115. Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 209 of 529 4 Responses 2016 2014 2012 Survey Version 690 487 412 Invitation Link 563 292 265 Open Link 1,253 779 677 Total Responses Strong response in 2016 is believed to be attributable to two postcard mailings, mailing addresses with names provided, and strong publicity. Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 210 of 529 5 Gender Age Female Male 18-24 25-64 5-44 46-64 66-4 65-74 75 or older Single, no children Household Coupler no children Status Household with children living at home Emptor -nester, children no longer at home 2016 Overall Bv Survey Version 29% -21% - 20% - 24% 26% 29% 62% � J& 49% 9%56% 48% 449651 % ■ Invitation Link 111 7x 00 Open Link 1896 12°16 19% 18% 18% 33% - 23% 23% 17% M 6% 5% X18% � 24% 25% 23% 24% 29% 33% �} / �7 / / / �ry /-�} / 24% �} { / 0% 20% 40% 60% 0% 20% 40% 60% Percent Responding Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 211 of 529 6 Year-round resident (11+ monthslyear) Part-time resident Employed in the town of Vail but don't live there Non-resident owner of businesslcommer ial property Get mail in the town but don't lige or work there 2016 Overall 51% By Survey Version 47% 57% / 42% 33% LV% 10% 4% % 0% 10% 20% 0% 40% 60% 60% Percent Responding 17% 0 Invitation Link ■ Open Link 20% 30% 40% 60% 60% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 212 of 529 7 Own Do you own or rent Fent your residence? How long have you lived within the Town of flail (or owned property if a non-resident)? Other Less than 1 year 1-3 years -15 years More than 18 years 2016 Overall 0% 47% By Survey Version °4 ■ 9° - 4% 11 12° ■ Invitation Link 14° ■ Open Link 2° =1 % X21% � 23% =17lam = 32% 38% 0% Not applicable■ 12% E 0% 20% 40% 0% 80% 100% 0% 20% 40% 60% 80% 100% Percent Responding Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 213 of 529 8 2016 Overall East Vail 6% West Vail (north of 1 70) 15% Potato Patch, Sandstone 12% Intermountain -8% Vail Village _7% Matterhorn, Glen Lyon _6% Lionshead =5% Buffehr Creel, Lionsridge, the Valley =5% Booth Falls and Bald Mountain Road areas M4% Other M4% Vail Commons/Safeway area E3% Golf Course E3% Not a resident of the town of Vail 11% Booth Greek/Aspen Lane 11% 0% 10% 20% 30% Percent Responding By .Survey Version 2( 13% t 18% 12% 12% 7 �9 �5% mss% �5% 6% 5% 6% 410 ¢5% Wr 3% 2% M 3% 2% Yo 11% 11% 29% ■ Invitation Link ■ Open Link 0% 10% 20% 30% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 214 of 529 9 Do you own or operate a business within the Town of Vail? Are you a registered voter in Vail? Yes Yes No 2016 Overall By Survey Version .1CJ�f4 16% ■ Invitation Link ■ 16% ■ Open Link 84% 44% 43% 46% 67% 84% 84% 56% 54% 0% 20% 40% 60% 80% 100% 0% 0% 40% 60% 80% 100% Percent Responding Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 215 of 529 10 Would you say that things in the town of Hail are going in the right direction, or have they gotten off on the wrong track? By Year of Serve Right direction A 18% 2% ��yy ## Wrong track 18% 8% 0% 18% 14% Don't know 13% 14% 12% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% Percent Responding 68% 68% ■ 2016 ■ 2014 ■ 2012 ■ 2010 ■ 2007 64% 64% 70% Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 216 of 529 11 ■ Bight direction ■ Wrong track ■ Don't know Overall Invitation Link Open Link Year-round resident Part-time resident Employed in T V but don't lige there Get mail in TOV but don't livelwork there Nan -resident owner of business Under 35 35 to 44 45 to 54 55 to 64 65 and older 0% 10% 20% 80% 40% 50% 0% 70% 80% Percent Responding 16% 17% 20% 286 23% 22% 17% 15% j 17 °1oJM 0% 100% Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 217 of 529 12 Why do you feel the Town of Vail is going in the right direction? • 1. Quality of the elected officials 2. Physical infrastructure of the Town 3. Openness of government • Good, attentive governance that takes the time to consider the views and needs of residents. • Investment in infrastructure, balance between out of town global and national visitors and front range/local interests. • Taking proactive measures such as the Gore Creek Reparation, updating the Booth Falls playground, trying to develop and design the Chamonix lot and having public input meetings regarding projects separate from council meetings are all positive steps. • There seems to be a reasonable balance between doing good things to develop the Town and make it more exciting without breaking a reasonable spending level. • Vail is making many necessary changes and upgrades to keep us competitive with other ski towns in the US. Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 218 of 529 13 Why do you feel the Town of Vail is has gotten off on the wrong track? • Becoming too high-rise and too crowded in the summer. • 1 think we are crowding our town with too many 'events' mostly in the summer. I understand that we are a resort, but Vail is also our home. Things are getting overcrowded and it is putting pressure on areas that are already problematic i.e. parking. • Need more nightlife, apres ski scene and restaurants. No more retail. • Things are too expensive. We need a local grocery store. People are begging for this. • Too much growth...... lived here 35 years and it doesn't feel like a 'town' anymore. Most of us moved here to get away from the city ... but they keep building 'bigger and better' nonsense. Understand it's good for business but feel like we should stop and take a breath. • We feel the homeowners have little say in what they Town Council decides for our community growth. Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 219 of 529 14 SATISFACTION RATINGS — PERCENT RESPONDING "4" OR "5" % Approachability of staff and li 71 Town Council members Providing information to I citizens Offering public engagement opportunities Being collaborative in � decision-making process WWF 001_, 10% 0% 30% 4 8% 63% AOL 66% 62% 45% 44% ■ 2D16 ■ 2D14 40% 50% 60% 70% 80% 90% 1000 Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 220 of 529 15 • Many respondents expressed excitement and positive anticipation of the new Town Council • Hopes for the new Town Council: • Listen carefully to local residents • Provide community engagement opportunities • Be creative and well-informed in decision making • Increase transparency and communications • Use financial prudence • Address policies including: • Affordable housing • Environmental sustainability • Parking • Balanced growth and development Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 221 of 529 16 Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 222 of 529 17 2016 2014 2012 Courtesy and helpfulness of firefighters and fire prevention staff 4.6 4.7 4.5 Cleanliness of pedestrian villages 4.5 4.5 4.4 Response times to basic medical emergencies 4.5 4.6 4.4 Overall park maintenance 4.4 4.4 4.3 Dependability of bus service 4.4 4.5 4.4 Overall feeling of safety and security 4.4 4.5 4.4 Ease of parking in summer 4.4 Not Asked Not Asked Snow removal on roads 4.4 4.4 4.5 Friendliness and courteous attitude of Public Works employees 4.3 4.2 4.2 Friendliness and approachability of Vail police department employees 4.3 4.2 4.1 Bus driver courtesy 4.3 4.4 4.3 Cleanliness of buses 4.3 4.4 4.3 Booth attendant courtesy 4.3 4.2 3.9 Atmosphere/sense of safety on buses 4.2 Not Asked Not Asked Frequency of in -town shuttle 4.2 4.4 4.4 Wildfire mitigation efforts 4.2 4.4 Not Asked Cleanliness of public restrooms 4.2 4.2 4.1 Overall quality of service (police services) 4.2 4.3 4.1 Knowledge/ability to answer questions (Community Development) 4.2 3.9 3.8 Crime prevention 4.2 4.2 4.0 Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 222 of 529 17 SATISFACTION RATINGS — PERCENT RESPONDING "4" OR "5" Cleanliness of pedestrian villages ■ 201 Overall park maintenance ■ 2014 ■ 201 ■ 2010 Snow removal on roads ■ 2007 ■ 2005 Friendliness and courteous attitude of Public Works employees Cleanliness of public restrooms B% 9a°% i - i 6 796 "6%9D.6 qD% Ile% 66% 73% Road and street maintenance by the Town of flail (potholes, sweeping, drainage, etc.) � % 73% Appearance and condition of Town -awned 7 % buildings 63% 1% 0% 10% 0% 30% 40% 60% 0% 70% 80% 90% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 223 of 529 18 SATISFACTION RATINGS - PERCENT RESPONDING "4" OR "5" Courtesy and helpfulness of firefighters and fire prevention staff Response time to basic medical emergencies and fires Wildfire mitigation efforts Fire safety, awareness and education programs provided Timely plan -check and fire system inspections on remodeled or new construction 91% 93% 90% 92% 88% 93% 91% 94% 88% 86% 85% 90% 84% _ 89% ■ 76% 73% M 69% 64% 64% 66% 73% 78% 72% 68 71% 68 0% 10% 0% 30% 40% 60% 60% 70% 80% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 224 of 529 ■ 201 ■ 2014 ■ 2012 02010 ■ 2007 2005 90%100% 19 SATISFACTION RATINGS - PERCENT RESPONDING "4" OR "5" Overall feeling of safety and security Friendliness and approachability of Vail police department employees � Overall quality of service Crime prevention Appropriate presence of police on foot/vehicle patrol Visibility of police foot/vehicle patrol Managing parking and traffic control issues -'M% 87°% 84% X43% 75% 72_74% 78% 7196 7796 ■ 201 ■ 2014 ■ 2012 71% ■2010 txzlz�8696 02007 63% 70% ■ 2005 0% 10% 0% 0% 40% 60% 0% 70% 809 90% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 225 of 529 20 SATISFACTION RATINGS — PERCENT RESPONDING "4" OR "5" 669 80% nowledgelability to answer questions ' X �67% ■ 79% Availability of information (e.g., public 1 .51% 68% records) - 57% 68% 70% Courtesy and attitudelhelpfulness 57% 66% 5590 639 ■ 2016 Timeliness of response (to telephone 6690 7696 ■ 2014 calls, inspections, quetionslinquiries, �� ■ 2012 plan review, etc.) ■ 2010 73% ■ 2007 Overall service and efficienc 519055% 65% ■ 2005 41% 46% 51% 72% Building permit review and inspections 39% 470A 28% 31% °'7 1 a°. 20% 00% 40% 50% 60% 70% 80% 90% Percent Respondin0 Vail Community & Employer -Employee Survey 2016 RRC Associates 6/21/16 June 21, 2016 - Page 226 of 529 21 SATISFACTION RATINGS — PERCENT RESPONDING "4" OR "5" Ease of parking in summer Booth attendant courtesy Parking structure cleanliness Overflow Frontage Road parking ( onvenien el ease of access) Ease of parking in winter Overflow Bail Frontage Fuad parking (safety) Overall parking feestpriing structure 54% 37% 34% 33% 32 11 4h 131 34% 0% 10% 0% 30% 40% 50% 60% Percent Responding 85% 72% ■ 2010 ■ 2014 ■ 2012 ■ 2010 1 2007 2005 700 50% 90%100% Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 227 of 529 22 SATISFACTION RATINGS - PERCENT RESPONDING "4" OR "5" Dependabimy at ou, service Cleanliness of buses Bus driver courtesy Atmopherelsense of safety on buses Frequency of in -town shuttle Frequency of outlying service Level of crowding on buses 87% 'I% 83% 89% "B3% 82% $6% 96 M96%% �� 8796 96 859 75% ■ 010 96 02014 65% 68% 02012 f� 5096 55% ■ 010 ■ 2007 50% 5996 2005 30% 40% 60% 0% 70% W% 0% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 228 of 529 23 100% QUANTITY OF EVENTS —ARE THERE: About the right number L Tao fear events 12% 10% Too many event -12% ■ 2016 ■ 2014 ■ 2012 79/.,') 74% 1% 8% i)°ir• 10% 0% 0% 40% 50% 0% 70°'� 80 90% 10DC Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 229 of 529 24 SATISFACTION RATINGS The overall quality of events in Hail 41% 15% Frontage Road express bus to transport event -goers between Lionshead, pail; 0% Village and Ford Park in the summer Overall quality of event venue options in Vail ■ 1=Not at al I satisfied ■ ■ ■4 ■ 5=Veru satisfied "% A 0% 10% 0% 30% 40% 50% 00% 70% 80% 90% 100% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 230 of 529 25 OPINION OF TOWN'S FINANCIAL INVESTMENT IN EVENTS strongly support the Town's financial investment in events am somewhat in favor am neutral sornehat oppose strongly oppose 18% 5% t Percent Responding 40% W' ° c Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 231 of 529 26 USAGE & SATISFACTION RATINGS Do you have a library card in the Town of hail? How frequently do you use the library per month? Never 37% 1 time 7% - 3 times 0% 4 -10 times -14% 11 - 20 times 12% 1 or more times 0% Percent Responding Please rate your overall satisfaction with the flail Public Library 1=Not at all satisfied 0% 4 5=Very satisfied % LG% 69% 10% 0% 30% 40% 50% 0% 70% 80% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 232 of 529 27 LEVEL OF PRIORITY RATINGS Budget and capital management (keeping bail fiscally healthy) Actions to protect and enhance Gore Creek Focus on housing for middle income and service worker households in vital support roles Economic vitality (investing in facilities, services and events to keep VaiI competitive) Transportation needs (bus service - local and regional) Guest relations and customer service Environmental sustainability (waste and energy conservation programs, environmental education, etc) Parking opportunities for residents Parking opportunities for visitorslguests ■ 1'}=Not a priority ■ 2 K 3=Neutral ■4 ■ 5=High priority 28% 14% *' 31% 19% , % 20% , 9% 0% 27°c. 25% . • 24% - 0% 10% 0% 0% 40% 50% 0% 70% 80% 0% 100% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 233 of 529 28 "HIGH PRIORITY" RATINGS (PERCENT 4 OR 5) — TOP 5 Budget and capital managemen (keeping flail fiscally healthy) Actions to protect and enhance CorE Creek Economic vitality (investing in facilities, services and events to keep AIL Vail competitive) Transportation needs (bus service — local and regional) Environmental sustainability (waste and energy conservation programs, ■ environmental education, etc) ■ 04,-, 110% 20% 0% 90% 86% 86% 79% 77% 8% AOL 85% 87% 45% 51% 40% 60% 60% Percent Responding � 76% 87% 80% 0 2010 ■ 75% 02014 ■ 72% ■ 201 M 69% ■ 2010 65% ■ 2007 EL�{82% / 70% 80% 0% Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 234 of 529 29 "HIGH PRIORITY" RATINGS (PERCENT 4 OR 5) — BOTTOM 4 ?C,{ . Focus on housing for middle income I 56% and service worker households in 55% vital support roles Guest relations and customer service � Parking opportunities for residents Parking opportunities for visitorsiguests 04,-. 110% 20% 80% 69% 73% 77% 80% = 67% 62% 68% ■ 2D16 ■ 2D14 ■ 2012 ■ 2D10 ■ 2D07 40% 50% 0% 70% 80% 90% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 235 of 529 30 TOP 2 PRIORITIES Focus on housing for middle income and sere _ worker households in vital support roles � Economic vitality (investing in facilities, services and events to keep flail competitive) Budget and capital management {keeping flail fiscally I__ healthy} Actions to protect and enhance Gare Creek 0% Environmental sustainability (waste and energy conservation programs, environmental education, etc) Parking opportunities for residents Guest relations and customer service Parking opportunities for vi s itorsig uests Transportation needs (bus service — local and regional) Percent Responding 30% 8% 36% Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 236 of 529 31 IMPORTANCE OFASIZABLE ENCLOSED SPACE FOR ACTIVITIES/EVENTS Very imp Somewhat important Somewhat unimportant him= Not at all important Don't know 17'x.`) mm" AMM&11� 23% 17% 8% 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 0% 22% 4% 6% % 0% 32% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 237 of 529 32 SUPPORT FOR EXPANDING WORKFORCE HOUSING OPPORTUNITIES Increasing the requirement for contributing to work farce housing as a condition imposed on developers in the do town Permitting required housing to be built dawn -galley, outside current town ' , 37. boundaries Requiring a contribution to work force housing as a condition for new or 27% expanded residential development Permitting increased density in limited locations or circumstances ■ 1=Not at al I supportive ■2 ■3 ■ 4=Very supportive ' 30% ' 0% 10% 209 30% 40 509 609 70% 809 90% 100% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 238 of 529 33 IMPORTANCE OF ENVIRONMENTAL SUSTAINABILITY FOCUS AREAS Recycling and waste reductio 7% 14'�}) Renewable energy projects in town (e.g., solar 7% 23% PV on buildings) Dark sky protections ' , 28% 24% WM Climate change action and advocacy •' , 1 % 23% Plastic bag regulations exist for grocery stores in Vail; expand the program to all retail outlets ' ��° Stronger enforcement and ticketing of existing 33% regulations ■ 1=Not at al I important 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100 02 Percent Responding 1 4 ■ 5=Extremely important Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 239 of 529 34 SUPPORT FOR WILDFIRE MITIGATION PRACTICES Creation of defensible space on individual properties (where vegetation is reduced or modified to create a buffer around the home) Evaluation of the defensible space around each home by trained personnel % % Modifying design standards to facilitate the creation of defensible space (such a using deciduous trees 3°°{ rather than conifers} ■ 1=Not at all supportive 0% 10% 20% 30% 40% 50% 0% 70% 80°off 90% 100 ■ Percent Responding ■3 ■ 4=Very supportive Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 240 of 529 35 PARKING AVAILABILITY Do you think there is enough parking in the Torn of Hail in... ...summer? Unertaii 12% Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 241 of 529 36 PUBLIC PARKING FEE POLICIES Would you support charging a fee for parking in public lots in Hail during the summer months"? Ye 72° Should Town parking rates be based on demand? Uncertain % Uncertain 18% Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 242 of 529 37 If you had $100 to spend on major efforts, how would you allocate that $100 across the following categories? - Average Allocation Amount Expanded housing opportunities for middle income and service worker households Parking improvements to add capacitor at peak times Actions to protect and enhance Gore Creek Transportation improvements to address needs through bus service, both local and regional Creation of a sizable enclosed space to support a $11 variety of cultural and community activities and events Other M $5 g $5 Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 $0 $1 10 15 0 Average Allocation Amount June 21, 2016 - Page 243 of 529 $25 $27 $0 30 —M $5 $20 $15 OD M In 8$10 5 $0 • • Expanded housing opportunities for middle income and service worker households Parking improvements to add capacity at peak times Actions to protect and enhance Gore Creek Al I Transportation improvements to address needs through bus service, both local and regional ■ Overall ■ bear -round residerrk IN Part-time resident Creation of a sizable enclosed space to support a variety of cultural and community activities and events Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 244 of 529 Other 39 40 30 Z $0 $10 $0 0 Expanded housing opportunities for middle income and service worker households 0 Parking improvements to add capacity at peak times Actions to protect and enhance Gare Creek 0 A Transportation im provements to address needs through taus service, both local and regional ■ Overall Under35 ■ 35 to 44 ■ 45 to 54 ■ 55 to 64 ■ 65 and older Creation of a sizable enclosed space to support a variety of cultural and community activities and events Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 245 of 529 Othe r ��` }-'{��` ACOMPARISON OF �` 2016 COMMUNITY & -- EMPLOYER-EMPLOYEE ` - '� i -r �� SURVEY RESULTS �r � � �� ---------- awibi-A A At w. IF 10" 99 wfa 'o mylts 4hO To V%ce TOWN OF VAIL` EMPLOYER-EMPLOYEE SURVEY ncrease your number of employees Within the next two Stay about the same years, do you plan to: Reduce your numer of employees Haw has the ability to recruit and retain qualified employees changed for your business over the past three years? Don't know mproved/gotten easier Stayed about the same Declined/gotten harder Dant know/not applicable Not a problem Do you feel that the availability of One of the region's lesser problems affordable housing for A moderate problem the workforce in Eagle One of the more serious problems County is: The most critical problem in the region 30% 0% = 10% E6% 20% 40% `8f4 0% 10°lam 0% 0% 40% 60% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 247 of 529 60% 62% 60% 70% 42 EMPLOYER-EMPLOYEE SURVEY "m employed in the town of flail There is your primaryI"m em Io ed outside the town of Vail ■ ��` employments p y 0 1 Haw many jobs do you currently hold (winter 2016)? am not employed 0% 17% Average 1.2 I2% 0% 0% 20% 40% 0% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 248 of 529 281% 80% 80% 43 EMPLOYER-EMPLOYEE SURVEY Haw do you typically get from home to How do you typically get to skiingfriding work in ►printer? on Vail Mountain? Drive Bike 0% 0% 20% 40% 0% Percent Responding 80% 0% 17% 80% 0% 20% 40% 60% Percent Responding 64% 80% Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 249 of 529 44 Bus — Town of Vail .8% Other ' 5% With a friendlcarpool 13% Bus — Eco Transit 13% Walk I % Bike 0% 0% 20% 40% 0% Percent Responding 80% 0% 17% 80% 0% 20% 40% 60% Percent Responding 64% 80% Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 249 of 529 44 EMPLOYER-EMPLOYEE SURVEY At mfr place of employment (private lot) Parking Structure — Lionshead 12% Parking Structure —Vail Village —7% Ford Park 65% Soccer Field I U°lO 0% 10gC 0% 0% 40% 500 Fi4°'. 7Vb Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 250 of 529 45 Private Lot Parking Structure — Lionshead Parking Structure —Vail Village Don't know/no opinion Safeway Frontage Road Donovan Pavilion Ford Park Soccer Field EMPLOYER-EMPLOYEE SURVEY 36% 1 1 19% 2.2% 16% 2 4% 1 f 70 % 4% 4% 9% 1D% 46% 41% 40% ■ First Choice for Skiing/Riding Parking Second Choice for Skiing/Riding Parking Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 251 of 529 46 C30% 50% 040% a 3070 2 L GD .r.7 20% 10% 0% COMMUNITY SURVEY VS. EMPLOYER-EMPLOYEE SURVEY Fight direction 1% Wrong track Don't know ■ 2016 Employrer/Employfee Survey ■ 2016 Community Survey F= 8% Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 252 of 529 47 COMMUNITY SURVEY VS. EMPLOYER-EMPLOYEE SURVEY 2016 EmployerlEmployee Survey Uncertain % Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 253 of 529 48 COMMUNITY SURVEY VS. EMPLOYER-EMPLOYEE SURVEY 2016 EmployerlEmployee Survey 2016 Community Survey Uncertain 3% Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 Uncertain 18% June 21, 2016 - Page 254 of 529 49 COMMUNITY SURVEY VS. EMPLOYER-EMPLOYEE SURVEY Focus on housing for middle income and service AIL worker households in vital support roles 38% Parking opportunities for residents 17 33% °�� Economic vitality (investing in facilities, services and events to keep Vail competitive) 36% Environmental sustainability (waste and energy 19% conservation programs, environmental education, etc) 20% Transportation needs (bus service — local and regional) 16% 11% Budget and' capital management (keeping Vail fiscally 14% healthy) 30% - Actions to protect and enhance Gore Creek 1 %0% Guest relations and customer service Parking opportunities for visitors/guests 02016 Employer/Employee Survey ■ 2016 Community Survey 63% 0% 10% 20% 0% 40% 50% 60% 70% Percent Responding Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 255 of 529 50 Housing is a key concern as measured in a variety of ways. There is support for giving housing attention and perhaps strengthening requirements designed to help create more housing. Parking concerns are also expressed by survey respondents, both through the quantitative survey questions (the statistical measures) and the open-ended comments. However, this topic is complicated and opinions are less clear than those related to housing as a priority. For example, there is much more support for attention to parking from residents than visitors. And there are differences in opinions by age, with the younger members of the community placing less weight on this concern. As Vail looks to the future, and considers policy directions and alternatives related to parking, the environmental aspects of transportation and parking may merit consideration if new programs are considered by the Town. Opinions of Millennials and likely retirees. These age cohorts merit particular attention as Vail looks to the future. Vail's E -services List. Information and communications are a priority of the community. The E - services list, attention to comments from the survey, and continued collaboration represent important opportunities. Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 256 of 529 51 tit low" 7- USING THE OPEN-ENDED " tt'�V Ifni._COMMENT TOOL June 21, 2016 - Page 257 of 52 rawly OfVit Open Comments Explorer "The Voice of Vail" Wouldyou say that things in the town of Vail are What is your residency status? going In the right direction, or have they gotten offun the wrong track? Year-round resident {11+ 51% months/year) Wrong track 18% Dont kn 18% Select f]u0stlonr F Non-resident owner of business/ Right ditertion commercial property 64% Get mall in the town but don't live 3 or worst there % Responding Cfick to Eater Dashboard /Iddilional suggestions Do you have any addhionalcorrirne3ntlr ors ggestions? Where in Vail do you live? East Yal1 — 26% West Yail (north of 1.70) 15% 'otato Patch Sandstone F— -1 12% untain .9% Village 714 n Lyon 6% ahead 5% Booth Falls and Sal'd Mountain Road areas 4% Click the icon to download selected comments to a spreadsheet. Note: a new tab will open m your browser and the export will begin. Some pop-np blockers may interfere with this function_ K Right direction? All I Residency Status- All I Residence Location- All Commentsmay be filtered , in&vidiml warwar& 774 ComR mis I grew up and graduated in Vail. The town Used to be fun and have a great repulalion_ No watched the town that no be a 'ski rs ! iaC se they aria tired of having to work 10 ions to alio y w u njoy the ceni home without having a trust fund and realtom have actually laughed at me when we told them our wants and wanting to stay ht as welI move out of the Valley, why work hard and sacrifice if you cavit he close tothathingsyvu love and want to do. All the aslike antl do what they can todiscourage njhl life antl naw young paopla to the Gown_ Evan thinking of having children antl try ngto n c caneorPOW" aste of tlms. If Vail caters to forelgners who will buy their homes. who will work In their businesses, cock their food 'rf they have no where to live and nothing to do. Living in Vail isn't so great anymore and the people that have done it for years don't w 6nlhusiams bewuea lei's b0 horl9st who Can afford to oprn0 to vacation in Vail other than the w9911hy 9nd their Childr@ years. If the plastic bag hale is a tended to my business on a pedestrian mall. I will lase enough business to question its vlabllity. Our customers have to walk with a lot of bulky purchases. are away from home and the r usual routines, sometimes spoired. We can minimize the use of plastic bags with alternate suggestions Plastic bags could be collected like other recycles at hotels,hoftn, end in TC; - •:. yding . Or downoyoled as the Use "W- gt 12ast elirainated a lot MM from t1le wasta stream. A Continuation and inoroaW iri the reusable bag IN gjranl could help. bulld mome create positive change_ A ban will rause frustralim.lost setas, confrontation_ Asking Senor to pay me for another paper hag (which Is anergy intensive to make ,too) after he just : ed a bundle is not going to work out well. I will participate in all the green preclioas that are practical but I don't want a flown goYt to tell me how to run the bus!ninm IF Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 258 of 529 53 TOWNPu Open Comments Explorer "The Voice of Vail" Mmild 1'011 saT rlrardlings ill dta Calm of IM are going in FF liar is yolir residency staters? Where in ['ail do you live? rite rigJtr dir-edi0n, or Bare rites' golulf of Oil rke fw ong Eazt fail ?6'0 u ack? Yam-roun-d resident {11+ 51% WC5t Vd71 (m¢'th 41-70) 15'.•0 lll4llth8:�"effi} Potato Patch Sa* 1s+me 12'0 EJerMDU3faM g!o LFramg track Fart-tune Iendent 33°x. Fail llllage 7%18o Zti3atterhora CrlenLpon �' Employed in the toum of Vaal but Licaahead 5t'. 10°x: don-t La Lae there f: Bu 'ehr Creek Lim dge. the l"alley 5!0 Booth Falls and Sa1d MnmL in Read areas 4% Dcdt komv loll-randent o%imer of busIlne&sf 4" Other Oso 19% Rigt dueehn oaunnrcial praperh Vail Crmm nn4Safelvay area 3* 54% Gulf Course 3`.•o Get umd m the town but don't lire 3". Not a re_:i n cf the l= cd' fail 1'.•0 or work there gooth Creek Aspen Lane 1'.•0 % Responding % Responding Select 2rZesymu : Fi;'ffir by ka}-word: Additional Suggestbn s Do you have any additional comments or sicggestions? Ridit daectiou? AB I Residency Status: U I Residence Location: AE 114 Comments I grew up and graduated in xlail. The town used to be fun and have a great repuitation. I'm watched the town slowly chip away and push out anyone that wants to live here and be a'ski bum. Ire had lots of friends leave in the last few years because they are tired of having to work 10 jobs to afford a crappy condo and work so much that they never ski or enjoy the , reason they lived here. It's too expensive to afford a decent home without having a trust fund and reaftors have actually laughed at me when we told them our wants and wanting to stay in Vail. If we can't find hou sing in th a town of x&il we mig ht as well move out of the Valley, why work hard and sac rifiice if you can't be close to the things you love and want to do. All the people that built Vail are all naw old and forgot what it was like and do what they can to discourage night life and new young people to the town. Even thinking of having children and a trying to find ch ildc are or felting them into a 9X sf is a waste of time. If Vail caters to foreigners wh o will buy their homes, who will work in their businesses, cook th air food if they have no where to live and nothing to do. Living in Vail isn't so great anymore and the people that have done it for years don't want to do it anymore and we are not breading any new skier enthusiasts because let's be honest who can afford to come to vacation in Vail other than the wealthy and their children are not going to be working in restaurants or selling t --shits in `6 years. Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 259 of 529 54 DIRECTION OF TOWN OF VAIL Comments From Respondents Selecting "Right Direction" w "k' stem c"'improvers ntstheroundmanytars Paa�arve ,rade atte, rdablethinksummer .,,t ififrastructurCCVSec inwstearsunderp needshousing t;��wml` 0 development nt m unit aFSoal a r business fYYpfOVp vent feel n w9oing OO council it "' ° 5servicesright things expenen}ceYear �acekeeo tovparkingdirectron exact saes ch r�ls roads,riOg issues Public residents + orlsinq beaLftA mw tatclm sway ;i`seestill" ... Comments From Respondents Selecting "gong Track" winter Irontage high i,— resort etc ouncil issue ¢x� r olive made re ,.} t trot wllorkpeo I L�3 rll e[ rrl ItMirl¢5#� � k rir coin exWrir:ncCgoIf' qt?t w"o"rking .CIlofdr«�s money,employees r road pi °° , ;,r a{Ing think O I1 1 ski vw Memuneedpr1etlS mun me scle sAw� „ �rdlepart„e mountainr i er�t "ods t °e -&,hogman nt just kveIo ,'local business fE � vaiiey lack ,�eaffordable kAr� a,lso Usm make,quality tov °""�`t"�'"""�'"rbetter years golf rattler great housing 55 good 54 new 48 well 47 events 37 community 36 right 32 development 31 council llllllllllllllllllll2B 0 20 40 60 Number of Mentions parking 34 people housing 32 many 26 need 24 residents 24 feel 22 events 21 community council 18 l 20 40 Number of Mentions Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 260 of 529 55 HOPES & EXPECTATIONS OF TOWN COUNCIL hop rK resortllSt Wq t' Gten mainta.n tdlt w J Mme experience mountain fer+x ri new moving ffo gable rounci lemooveer tn�f�s buck c O L 1' X 1 1 1 �rl i y, SS wTcw ... , .hopew arkin need t�,iri`;e0� :ace open •memters "' ImesIdantSevents {. _t needs wellousin gooernployeecit, ns r�naking locals Kwe tocus Ci live xJ..k..con inuede sions Yreesorts � keeLj..address s w� q crm* lu,pw wart ardseekw housing continue - 87 Deep - 87 parking - 88 council - 79 community _ 62 residents _ 62 hope _ 5 new _ 54 affordable =46 198 0 50 100 154 Number of Mentions Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 261 of 529 56 J i & J tD Vail Community & Employer -Employee Survey 2016 1 RRC Associates 1 6/21/16 June 21, 2016 - Page 262 of 529 57 TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Town of Vail Municipal Operations Energy Consumption and Greenhouse Gas Emissions Update. PRESENTER(S): Kristen Bertuglia, Environmental Sustainability Manager ACTION REQUESTED OF COUNCIL: Staff requests the Vail Town Council participate in the discussion and ask any pertinent questions or for additional information. BACKGROUND: An update about action taken on the 2009 Environmental Sustainability Strategic Plan which established energy efficiency measures for the town to manage its energy and water consumption, and greenhouse gas emissions. The Environmental Sustainability Strategic Plan helps to fulfill the Vail Town Council's goal of growing a balanced community and supports the value of environmental stewardship. This review of the town's energy consumption provides an update on Goal #2: Energy, in terms of town government operations. Reduce the Town of Vail municipal and community energy use by 20% below 2006 levels by 2020, in order to effectively reduce the Town's contribution to greenhouse gas emissions and impact on global climate change. ATTACHMENTS: Description Town of Vail Energy and Greenhouse Gas Emissions Update Town of Vail Energy and Greenhouse Gas Emissions Update Presentation June 21, 2016 - Page 263 of 52! 0 rowN of vain Memorandum To: The Vail Town Council From: Community Development Department Date: May 17, 2016 Subject: Town of Vail Energy and Water Consumption, Efficiency Programs and Greenhouse Gas Emissions I. Purpose This presentation provides an update on the town's overall energy and water consumption and greenhouse gas emissions (GHG) since 2006, which was established as the baseline year for the 2009 Environmental Sustainability Strategic Plan. II. Background The 2009 Environmental Sustainability Strategic Plan established energy efficiency measures for the town to manage its energy and water consumption, and greenhouse gas emissions. The Environmental Sustainability Strategic Plan helps to fulfill the Vail Town Council's goal of growing a balanced community and supports the value of environmental stewardship. This review of the town's energy consumption provides an update on Goal #2: Energy, in terms of town government operations. Reduce the Town of Vail municipal and community energy use by 20% below 2006 levels by 2020, in order to effectively reduce the Town's contribution to greenhouse gas emissions and impact on global climate change. III. Town of Vail Energy Consumption Through the Facility -Wide Energy Conservation Program, over the past 8 years the town has achieved a 31 % reduction over 2006 electricity baseline levels with an investment of about $4 million. This reduction has been multiplied in terms of total carbon due to efforts on the part of the electric utility (Holy Cross Energy) to reduce the environmental impacts of electricity production. Combined with these efforts, the town has reduced the carbon impacts of its electricity demand by 48% since 2006. June 21, 2016 - Page 264 of 52! Table 1- TOV Electricity Consumptio This success must be measured against the consumption of energy associated with other utilities - natural gas and fleet fuels. The town's natural gas consumption has increased by about 50% over 2006 levels as a result of the massive investment in snowmelt infrastructure. Currently, the town manages about 8 acres of snowmelt (an additional 3.5 acres are privately owned by large developments). Electric (kWh) Electric Costs CO2 Intensity (Ib/kWh) Electric CO2 Equivalent (lbs) CO2 Equivalent (Metric Tons) 2006 6,884,857 $ 476,663.83 1.96 13,494,320 6,121 2007 6,868,828 $ 463,591.04 1.81 12,432,579 5,639 2008 6,775,341 $ 511,767.65 1.73 11,721,340 5,317 2009 6,442,738 $ 441,760.89 1.77 11,403,646 5,173 2010 6,286,575 $ 450,593.19 11.81 11,378,701 5,161 2011 6,168,945 $ 484,250.46 1.86 11,474,238 5,205 2012 5,057,983 $ 421,302.94 1.93 9,761,907 4,428 2013 5,217,598 $ 437,885.84 1.8 9,391,676 4,260 2014 5,278,295 $ 474,219.52 1.57 8,286,923 3,759 2015 4,769,331 $ 430,053.68 1.46 6,963,223 3,158 Table 1- TOV Electricity Consumptio This success must be measured against the consumption of energy associated with other utilities - natural gas and fleet fuels. The town's natural gas consumption has increased by about 50% over 2006 levels as a result of the massive investment in snowmelt infrastructure. Currently, the town manages about 8 acres of snowmelt (an additional 3.5 acres are privately owned by large developments). Table 2- TOV Natural Gas Consumption Fleet Fuel consumption has remained relatively constant since 2006. The town has seen a 24% reduction in unleaded gasoline use through the addition of hybrid vehicles, the idle -free community campaign, and right -sizing fleet vehicles. Diesel consumption has increased by about 7%, which may be attributed to increased bus service. Since 2006, annual ridership has remained relatively stable between 2.9 and 3.2 million passengers per year though additional buses have been added to accommodate special events, outlying parking, and increased service levels during early and late ski season. In addition, ridership has been impacted by free courtesy cars offered by the Village core lodging community and additional free parking periods. GHG emissions related to fleet fuels have increased 2%. Gas Usage (DTherm) Cost CO2 Unleaded (metric Tons) CO2 Equivalent (Metric Tons) 2006 46,055.90 $ 395,292 2,442 2007 57,410.30 $ 390,186 3,044 2008 82, 562.92 $ 609,915 4,377 2009 72,028.60 $ 499,511 3,819 2010 75, 235.00 $ 426,525 3,989 2011 81,076.44 $ 444,334 4,299 2012 78, 556.76 $ 426,294 4,165 2013 107,687.92 $ 545,236 5,710 20141 99, 960.38 $ 617,675 5,300 20151 92,771.10 $ 518,698 4,919 Table 2- TOV Natural Gas Consumption Fleet Fuel consumption has remained relatively constant since 2006. The town has seen a 24% reduction in unleaded gasoline use through the addition of hybrid vehicles, the idle -free community campaign, and right -sizing fleet vehicles. Diesel consumption has increased by about 7%, which may be attributed to increased bus service. Since 2006, annual ridership has remained relatively stable between 2.9 and 3.2 million passengers per year though additional buses have been added to accommodate special events, outlying parking, and increased service levels during early and late ski season. In addition, ridership has been impacted by free courtesy cars offered by the Village core lodging community and additional free parking periods. GHG emissions related to fleet fuels have increased 2%. Table 2- TOV Fleet Fuels Consumption Town of Vail Page 2 June 21, 2016 - Page 265 of 52! Unleaded Gallons Unleaded Cost CO2 Unleaded (metric Tons) Diesel Gallons Diesel Cost CO2 Diesel (metric tons) Total CO2 Equivalent 2006 51,607 $ 113,283 460 180,352 $ 423,627 1,831 2,291 2007 53,060 $ 125,023 473 173,294 $ 435,240 1,759 2,232 2008 52,703 $ 153,911 470 192,506 $ 613,695 1,954 2,424 2009 48,713 $ 87,056 434 176,057 $ 344,924 1,787 2,221 2010 47,507 $ 110,083 423 178,223 $ 448,543 1,809 2,232 2011 45,168 $ 134,400 402 187,183 $ 620,258 1,900 2,303 2012 42,240 $ 133,336 376 178,706 $ 617,508 1,814 2,190 2013 41,337 $ 128,703 368 183,836 $ 634,295 1,866 2,234 2014 39,918 $ 122,075 356 199,339 $ 655,767 2,024 2,379 2015 41,496 $ 81,799 370 193,286 $ 387,694 1,962 2,332 Table 2- TOV Fleet Fuels Consumption Town of Vail Page 2 June 21, 2016 - Page 265 of 52! IV. Town of Vail Energy Efficiency Initiatives The Town of Vail has been proactive in taking steps to reduce overall energy use, with the most significant impact in facility -wide upgrades to LED lighting. This reduction has been achieved despite the addition of new facilities (West Vail Fire Station, Lionshead updates). Other measures include building controls, motion sensors for lighting, windows, weather stripping, and boilers. In the natural gas and fleet fuels sector, improvements are more difficult to track due to fluctuating weather patterns. Snowmelt accounts for nearly 80% of the town's natural gas demand. This high demand can mask efficiency efforts and cost savings achieved in the building envelope. 2015 Natural Gas Fires FPnfiirPH 3nowmelt 79% *Due to areas with combined meters, percentages are an approximation V. Town of Vail Total Energy Impacts Combining all of the utility information, the town has achieved a 4% reduction in total GHG emissions over the 2006 baseline year. Note that if natural gas demand had remained constant since 2006 (i.e. excluding the addition of snowmelt), the town's total reduction would be closer to 27%. Town of Vail Page 3 June 21, 2016 - Page 266 of 52! VI VII 14,000 12,000 N 10,000 0 U 8,000 0 t— .L 6,000 '�1 2,000 TOV GHG Emissions (CO2 Equivalent) Village Streetscape Completed ErN 2p�s�p� 2p��2p092p� 2p�,2p�22p���p�Q�p7s Electricty CO2 Natural Gas CO2 Fleet CO2 Total CO2 Equivalent Lionshead Streetscape and parking structure updates Town of Vail Renewable Energy Production and Purchases The Town of Vail owns three solar PV arrays at the Lionshead Welcome Center, Transit Center, and the Vail Ski Museum, making up just under half of 1 % of the town's total electricity consumption. Solar Generation Annual Totals (kWh) LTC LWC Ski Museum (estimate) Total CO2/yr (m)tons % of Town Electricity 2011 77 0 4,645 4,722 4 0.00% 2012 7,984 6,257 4,645 18,886 17 0.37% 2013 7,804 6,318 4,645 18,768 15 0.36% 2014 7,835 5,961 4,645 18,441 13 F 0.35% 2015 1 8,3541 6,456 1 4,645 1 19,455 1 14 1 0.41% Total 32,055 24,992 23,225 80,272 63 Town of Vail Water Consumption In addition to reductions in energy use, the town has also made progress in water efficiency programs, achieving a 34% reduction over 2006 levels. This is a result of improved controls and low flow fixtures as well as conversion to drip irrigation, soil additives to hold moisture, low flow sprinkler heads, and best management practices for planting and watering rotations. Town of Vail Page 4 June 21, 2016 - Page 267 of 52! 35,000 33,000 31,000 29,000 27,000 tLO 25,000 23,000 21,000 19,000 17,000 15,OW VIII. Next Steps Water Use (Kgal) 2006 2007 2008 2009 2010 2011 2012 2013 .2014 2015 Water Use (Qa ) Despite the efforts of the town's Green Team, progress in efficiency, behavior change and innovative technology, the town has only achieved 4% of its 20% by 2020 goal for town operations. In order to achieve the remaining 16% reduction, a multi -strategy approach must be employed, and additional programs investigated: • Additional investment in renewable energy (rooftop or off-site solar photovoltaic, biomass for snowmelt) • Snowmelt offset program (similar to Eagle County, Aspen and Telluride's Renewable Energy Mitigation Program [REMP]) • Additional or new green building standards • Additional progress in behavioral measures and innovative technology • Real-time building monitoring systems • Community energy efficiency and or renewable energy incentives • Investment in renewable energy credits (RECs) (a dollar investment that spurs development in wind, solar farms, methane capture, or biomass elsewhere) Town of Vail Page 5 June 21, 2016 - Page 268 of 52! "Well A I Environmental Sustainability Strategic Plan Update: Energy Efficiency J JJJJ �,�J JJ �JJJ�.JJ ��J JJJ�JJ`..�JJJ ✓..w1 _i I JJ-P..'IJ�J Courtesy of Holy Cross Energy 2015 Energy Sources Wind, 23.4% Gas{ 6.2% Market, 3.5% l Hy 13.2% Other, 3.7% Mine Methane, 1.9% 1. Biornass, 0.1% TOWN OF VA1L 't Town of Vail I Community Development 1 02/08/2016 June 21, 2016 - Page 270 of 529 2 Electricity 7,000,000 6,500,000 t 5,500,000 3 Y M 5,000,000 tw oyn CU W 4,500,000 3,500,000 TOV Electricity Consumption 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Town of Vail I Community Development) 05/17/2016 $600,000 $550,000 $500,000 $450,000 kWh Use (Total Charges $400,000 $350,000 $300,000 June 21, 2016 - Page 271 of 529 3 Natural Gas 120,000.00 TOV Natural Gas Usage and Costs 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 T $650,000 � Gas Usage (DTherm) $450,000 Cost Town of Vail I Community Development 05/17/2016 June 21, 2016 -Page 272 of 529 4 Fleet Fuel 250,000 TOV Fleet Fuel Consumption 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 $700,000 $400,000 � Unleaded � Diesel $300,000 Unleaded Cost Diesel Cost Town of Vail I Community Development 05/17/2016 June 21, 2016 -Page 273 of 529 5 Water 35,000 33,000 31,000 29,000 27,000 Y 25,000 23,000 21,000 19,000 17,000 15,000 Water Consumption (Kgal) ,?p06 �p0 j �pV� �O00 -Water Use (Kgal) reduction A Town of Vail I Community Development 05/17/2016 June 21, 2016 -Page 274 of 529 6 GHG Emissions TOV Greenhouse Gas Emissions 14, 000.00 12,000.00 , r _ - ` 10, 000.00 C 9 6,000.00 4,000.00 2,000.00 Village Streetscape Completed Lionshead Streetscape and parking structure updates 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Town of Vail I Community Development 05/17/2016 Electricty CO2 Natural Gas CO2 Fleet CO2 Total CO2 Equivalent June 21, 2016 - Page 275 of 529 7 A � W -- IL - 4 1 Y i LL I■ � � * .' ~14 USEW" F - TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: CDOT Underpass Project Update PRESENTER(S): Karen Berdoulay, CDOT Region 3 Resident Engineer Matthew Figgs, CDOT Region 3 Project Manager ACTION REQUESTED OF COUNCIL: None -information only BACKGROUND: As partners with the Town of Vail, CDOT will provide an update on the 1-70 Vail Underpass Project, as well as other surrounding CDOT projects. June 21, 2016 - Page 277 of 52! TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Presentation of the 2015 Audited Financial Statements for the Town of Vail PRESENTER(S): Kathleen Halloran, Finance Director and Michael Jenkins, McMahan and Associates ACTION REQUESTED OF COUNCIL: The 2015 audited financial statements are presented for Council information; no action is requested. BACKGROUND: In accordance with section 9.11 of the Vail Town Charter, an independent audit shall be made of all town accounts at least annually. The audit shall be conducted by certified public accountants and copies made available for public inspection at the municipal building. The 2015 audit was conducted by McMahan and Associates, LLC. ATTACHMENTS: Description TOV audited Financial Statements Financial Statement Presentation 2015 June 21, 2016 - Page 278 of 52! TOWN OF VAIC; Financial Statements December 31, 2015 June 21, 2016 - Page 279 of Town of Vail, Colorado Financial Statements December 31, 2015 Table of Contents Page Independent Auditor's Report Al —A3 Management's Discussion and Analysis B1 — B7 Basic Financial Statements: Government -Wide Financial Statements: Statement of Net Position C1 Statement of Activities C2 Fund Financial Statements: Governmental Funds: Balance Sheet C3 Statement of Revenues, Expenditures and Changes in Fund Balances C4 Proprietary Funds: Statement of Net Position C5 Statement of Revenues, Expenses and Changes in Fund Net Position C6 Statement of Cash Flows C7 Fiduciary Funds: E4 Statement of Fiduciary Net Position C8 Statement of Changes in Fiduciary Net Position C9 Notes to the Financial Statements D1 — D27 Required Supplementary Information: General Fund: Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget (GAAP Basis) and Actual E1- E2 Special Revenue Funds: Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget (GAAP Basis) and Actual: Real Estate Transfer Tax Fund E3 Conference Center Fund E4 Vail Marketing Fund E5 Vail Local Marketing District E6 Vail Reinvestment Authority E7 Supplementary Information: Capital Projects Fund: Schedule of Revenues, Expenditures and Changes in Fund Balances - F1 Budget (GAAP Basis) and Actual Debt Service Fund: Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget (GAAP Basis) and Actual F2 Enterprise Funds: Schedule of Revenues, Expenses and Changes in Net Position — Budget (GAAP Basis) and Actual - Timber Ridge Fund F3 Schedule of Revenues, Expenses, and Changes in Net Position — Budget (Non -GAAP Basis) and Actual - With Reconciliation to GAAP Basis — Dispatch Services Fund F4 June 21, 2016 - Page 280 of 52! Town of Vail, Colorado Financial Statements December 31, 2015 Table of Contents (Continued) Undertaking to Provide Continuing Disclosure: Page Supplementary Information (continued): History of Pledged Revenues Internal Service Funds: Table II — Schedule of Revenues, Expenses, and Changes in Net Position — G1 Budget (Non -GAAP Basis) and Actual - With Reconciliation to GAAP Basis — G1 Heavy Equipment Fund F5 Schedule of Revenues, Expenses and Changes in Net Position — Table V — Budget (GAAP Basis) and Actual - Health Insurance Fund F6 Combining Statement of Net Position F7 Combining Statement of Revenues, Expenses and Changes in Net Position F8 Combining Statement of Cash Flows F9 Schedule of Project Expenditures - Budget (GAAP Basis) and Actual: — Outstanding Revenue Obligations Capital Projects Fund F10 Real Estate Transfer Tax Fund F11 Local Highway Finance Report F12 — F13 Undertaking to Provide Continuing Disclosure: Table I — History of Pledged Revenues G1 Table II — History of Assessed Valuations G1 Table III — Mill Levies Affecting Property Owners within Vail Reinvestment Authority Plan Area G1 Table IV — Larges Taxpayers in the Authority G2 Table V — Preliminary Assessed Valuation of Classes of Property in the Authority G2 Table VI — History of Revenues, Expenditures and Changes in Fund Balance G3 Table VII — Budget Summary and Actual Comparison: Vail Reinvestment Authority G4 Table VIII — Outstanding Revenue Obligations G4 June 21, 2016 - Page 281 of 52! M MCMAHAN AND ASSOCIATES, L. L.C. Certified Public Accountants and Consultants {'g WEB SITE: WWW.MCMAHANCPA.COM !`�/J� CHAPEL SQUARE, BLDG C MAIN OFFICE: (970) 845-8800 A 245 CHAPEL PLACE, SUITE 300 FACSIMILE: (970) 845-8 1 08 P.O. BOX 5850, AVON, CO 8 1 620 E-MAIL: MCMAHAN@MCMAHANCPA.COM INDEPENDENT AUDITOR'S REPORT To the Mayor and Members of Town Council Town of Vail, Colorado Vail, Colorado Report on the Financial Statements We have audited the accompanying financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of the Town of Vail, Colorado (the "Town"), as of and for the year ended December 31, 2015, and related notes to the financial statements, which collectively comprise the Town's basic financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those assessments, the auditor considers internal control relevant to the Town's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances. An audit also includes evaluation of the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall financial statement presentation. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Member: American Institute of Certified Public Accountants PAUL J. BACKES, CPA, CGMA MICHAEL N. iJENKINS, CA, CPA, CGMA DANIEL R. CUDAHY. CPA. CDMA AVON: (970) 845-8800 ASPEN: (970) 544-3996 FRISCO: (970) 668-348 1 Al June 21, 2016 - Page 282 of 52! INDEPENDENT AUDITOR'S REPORT To the Mayor and Members of Town Council Town of Vail, Colorado Vail, Colorado Opinions In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of the Town of Vail, Colorado as of December 31, 2015, and the respective changes in financial position and where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. Other Matters Accounting principles generally accepted in the United States of America require that Management's Discussion and Analysis in Section B be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing procedures generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. The budgetary comparison information in section E is not a required part of the basic financial statements but is supplementary information required by accounting principles generally accepted in the United States of America. This required supplementary information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements, or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the financial statements as a whole. Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the Town's financial statements taken as a whole. The accompanying supplementary information in section F (including individual fund budgetary schedules, combining internal service fund statements, budgetary schedules for project expenditures, and the Local Highway Finance Report) and section G (the Town's Undertaking to Provide Continuing Disclosure) is presented for the purpose of additional analysis and are not a required part of the Town's basic financial statements. The supplementary information in sections F and G are the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. Such information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information in section F is fairly stated in all material aspects in relation to the financial statements as a whole. The information included in the Town's Undertaking to Provide Continuing Disclosure in section G has not been subjected to the auditing procedures applied in the audit of the Town's basic financial statements and, accordingly, we do not express an opinion or provide any assurance on it. 11q6JW,A- .,/ --t Z_ L e. McMahan and Associates, L.L.C. June 15, 2016 A2 June 21, 2016 - Page 283 of 52! MANAGEMENT'S DISCUSSION AND ANALYSIS June 21, 2016 - Page 284 of Town of Vail, Colorado Management's Discussion and Analysis December 31, 2015 As management of the Town of Vail, Colorado (the "Town"), we offer readers of the Town's financial statements this narrative overview and analysis of the financial activities of the Town for the fiscal year ended December 31, 2015. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the Town's basic financial statements. The Town's basic financial statements include three components: 1) government -wide financial statements; 2) fund financial statements; and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements. Financial Highlights: The assets of the Town exceeded its liabilities at the close of the 2015 fiscal year by $217,198,015 (net assets). Of this amount, $2,020,000 is restricted for TABOR emergency reserves and $22,065,706 is restricted by enabling legislation. The Town's total net assets increased in the 2015 fiscal year by $17,610,387 which was attributable to an increase from governmental activities of $17,337,642 and an increase of $272,745 from business -type activities. At December 31, 2015, the fund balance of the General Fund was $23,622,510. Of that amount, $1,923,000 was restricted for TABOR emergency reserves. Government -wide financial statements: The government -wide financial statements are designed to provide readers with a broad overview of the Town's finances in a manner similar to a private -sector business. The Statement of Net Position presents information on the Town's assets and liabilities, with the difference between the two reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the Town is improving or deteriorating. The Statement of Activities presents information showing how the government's net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods (e.g. uncollected grant revenues or earned but unused vacation leave.) Both of the government -wide financial statements distinguish functions of the Town that are principally supported by taxes and intergovernmental revenues (governmental activities) and those that are supported by external revenues (business -type activities). The governmental activities of the Town include general government, public safety, public works, transportation, and economic development. The business -type activities of the Town consist of housing conducted through Timber Ridge Apartments, and dispatch services, conducted through Vail Public Safety Communications (both enterprise funds of the Town). The government -wide financial statements include not only the Town itself (known as the primary government), but also a legally separate marketing district (Vail Local Marketing District) and a legally separate urban renewal authority (Vail Reinvestment Authority). Because these component units function for all practical purposes as departments of the Town, their financial position and activities have been included as an integral part of the primary government. The government -wide financial statements can be found on pages C1 and C2 of this report. B1 June 21, 2016 - Page 285 of 52! Overview of the Financial Statements (continued) Fund Financial Statements: A fund is an accounting entity that has a set of self -balancing accounts that records all financial transactions for specific activities or governmental functions. The Town, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance - related legal requirements. The Town's funds can be divided into three categories: governmental funds, proprietary funds, and fiduciary funds. Governmental Funds: Governmental funds are used to account for essentially the same functions reported as governmental activities in the government -wide financial statements. However, unlike government -wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government's near-term financing requirements. Because the focus of governmental funds is narrower than that of the government -wide financial statements, it is useful to compare the information presented for governmental activities in the government -wide financial statements. By doing so, readers may better understand the long-term impact of the governments' near-term financing decisions. Both the governmental fund Balance Sheet and the governmental Statement of Revenues, Expenditures and Changes in Fund Balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities. The Town's governmental funds include the General Fund, Debt Service Fund, Capital Projects Fund and three Special Revenue Funds — Real Estate Transfer Tax Fund, Vail Marketing Fund and Conference Center Fund — as well as the Vail Local Marketing District and the Vail Reinvestment Authority, which are component units of the Town. The Town adopts an annual appropriated budget for all governmental funds. A budgetary comparison statement has been provided for all funds to demonstrate compliance with the state budget statute. The basic governmental fund financial statements can be found on pages C3 and C4 of this report. Proprietary Funds: The Town reports two categories of proprietary funds — Internal Service and Enterprise. The Heavy Equipment Fund and Health Insurance Fund are internal service funds, while Timber Ridge and the Dispatch Services Fund are reported as enterprise funds. As their name implies, the internal service funds provide services to the Town's governmental activities. Timber Ridge provides affordable rental housing to people who work in Vail and the Dispatch Services Fund provides dispatch services to emergencies service agencies throughout Eagle County. Enterprise fund functions are presented as business -type activities in the government -wide financial statements. Proprietary funds provide the same type of information as the government -wide financial statements, only in more detail. The basic proprietary fund financial statements can be found on pages C5 through C7 of this report. The Town also presents a budgetary comparison for its proprietary funds. Fiduciary Funds: Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government -wide financial statements because the resources of those funds are not available to support the Town's own programs. The accounting used for fiduciary funds is much like that used for proprietary funds. The basic fiduciary fund financial statements, for the Town's pension plan, can be found on pages C8 and C9 of this report. Notes to the Financial Statements: The notes provide additional information that is essential to a full understanding of the data provided in the government -wide and fund financial statements. The Notes to the Financial Statements can be found on pages D1 through D27 of this report. B2 June 21, 2016 - Page 286 of 52! Overview of the Financial Statements (continued) Government -wide Financial Analysis: As previously mentioned, the government -wide financial statements are designed to provide readers with a broad overview and long-term analysis of the Town's finances, in a manner similar to a private -sector business. Net position may serve over time as a useful indicator of a government's financial position. In the case of the Town, governmental assets exceeded liabilities by $213,052,678 at the close of the most recent fiscal year. Approximately 55% of the Town's net assets are invested in capital assets (land, buildings, equipment), less related outstanding debt. Since the Town uses these capital assets to provide services to citizens, these assets are not available for future spending, including provision of resources to repay the debt. The table below shows the Town's net position for 2015 and 2014. Business -type Activities 2015 Governmental Activities $(6,736,181) 11,163,660 2015 2014 Current and Other 43,851 238,291 46,445 260,568 Assets $105,904,688 $92,586,948 Capital Assets 128,364,672 126,667,069 Total Assets 234,269,360 219,254,017 Long-term Liabilities Outstanding 10,181,795 10,687,361 Other Liabilities 6,346,954 7,629,438 Total Liabilities 16,528,749 18,316,799 Deferred Inflows 4,687,933 4,160,797 Net Position: Invested in capital assets, net of related debt 118,533,472 116,338,581 Restricted 24,085,706 24,884,101 Unrestricted 70,433,500 55,553,739 Total Net Position $213,052,678 $196,776,421 Business -type Activities 2015 2014 $(6,736,181) 11,163,660 $(7,304,803) 11,484,408 4,427,479 4,179,605 43,851 238,291 46,445 260,568 282,142 307,013 4,687,933 4,160,797 2,860,782 1,284,555 2,830,374 1,042,218 Total 2015 2014 $99,168,507 139,528,332 $85,282,145 138,151,477 238,696,839 223,433,622 10,225,646 6,585,245 10,733,806 7,890,006 16, 810, 891 18, 623, 812 4,687,933 4,160,797 121,394,254 24,085,706 71,718,055 119,168,955 24,884,101 56,595,957 $4,145,337 $3,872,592 $217,198,015 $200,649,013 The Town's current assets from governmental activities and capital assets increased mainly due to an increase in cash and investments and a significant investment in capital assets. Major construction projects during 2015 included the remodel of the golf course clubhouse, the 1-70 underpass project, construction of a permanent skate park, improvements to the library recreation path, and enhancements to Ford Park Fields. The Town's long-term liabilities from governmental activities decreased due to scheduled principal payments on Vail Reinvestment Authority's outstanding debt. The Authority's 2010A and 2010B Tax Increment Bonds will be retired in 2018 and 2030, respectively. The Timber Ridge Enterprise Fund notes payable to the Town mature in 2032 and 2033. They are reported as "internal balances" in the government -wide presentation on page C1. Details of the promissory notes due from the Timber Ridge Enterprise Fund are found in note IV.F of this report. B3 June 21, 2016 - Page 287 of 52! Overview of the Financial Statements (continued) The chart below provides financial information from the Town's Statement of Activities for the years 2015 and 2014. Revenue: Program Revenue Charges for services Operating grants Capital grants General Revenue Property and ownership tax Sales and lodging tax Othertaxes Interest and other revenue Transfers Total Revenue Expenses: General government Public safety Public works and transportation Culture and recreation Economic development Housing Interest Total Expenses Change in Net Position Governmental Activities M19 �n�a $ 9,498,525 $ 5,055,454 192,896 Town of Vail's Changes in Net Position Business -type Activities Total 2015 2014 9,967,009 $ 3,128,085 $ 3,078,882 2,688,022 797,382 826,333 344,537 - - 2015 2014 $ 12,626,610 $ 13,045,891 5,852,836 3,514,355 192,896 344,537 8,232,968 8,025,356 8,232,968 8,025,356 31,882,323 29,527,012 31,882,323 29,527,012 12,887,582 12,365,740 - 12,887,582 12,365,740 1,573,173 3,339,881 16,410 (5,229,937) 1,589,583 (1,890,056) (22,338) 16,800 22,338 (16,800) - - 69,300,583 66,274,357 3,964,215 (1,341,522) 73,264,798 64,932,835 7,016,016 6,792,006 - - 7,016,016 6,792,006 9,909,708 9,617,580 2,646,172 2,623,193 12,555,880 12,240,773 18,356,607 18,776,646 - - 18,356,607 18,776,646 9,388,202 5,537,675 9,388,202 5,537,675 6,722,840 6,834,937 - - 6,722,840 6,834,937 - - 1,045,298 1,156,886 1,045,298 1,156,886 569,568 581,103 - - 569,568 581,103 51,962,941 48,139,947 3,691,470 3,780,079 55,654,411 51,920,026 17,337,642 18,134,410 272,745 (5,121,601) 17,610,387 13,012,809 Net Position January 1 196,776,421 178,642,011 3,872,592 8,994,193 200,649,013 187,636,204 Restatement of Capital Assets (1,061,385) - - - (1,061,385) - Net Position January 1 (Restated) 195,715,036 178,642,011 3,872,592 8,994,193 199,587,628 187,636,204 Net Position December 31 $ 213,052,678 $ 196,776,421 $ 4,145,337 $ 3,872,592 $ 217,198,015 $ 200,649,013 Governmental Activities: Governmental activities increased the Town's net assets by $17,337,642. The following items represent other significant governmental activities during 2015: • Record revenue collections of sales tax with an increase over prior year of $1.5M, respectively. • Construction related revenues also experienced a significant increase, with construction use tax up $416,315 construction permits up $1.5M, and fees paid by developers in lieu of employee housing up $1.5M compared to prior year. • Increased visitation in the both summer and winter resulted in increased skier lift tax collections, up $412,332 and increased parking revenue from both parking passes and daily parking fees, up a total of $420,856 from the prior year. • Long-term liabilities were reduced by $490,000 through principal repayments. • Project reimbursements increased significantly due to a cost share agreement with VRD of $1.15M for the redevelopment of the Golf Clubhouse and Nordic Center. B4 June 21, 2016 - Page 288 of 52! Overview of the Financial Statements (continued) Business -type Activities: Business -type activities are comprised of Timber Ridge Enterprise Fund, a fund providing affordable housing to people working in Vail, and Vail Public Safety Communications Center, an enterprise fund providing dispatch services to emergency service agencies throughout Eagle County. Financial Analysis of the Town's Funds As previously mentioned, the Town uses fund accounting to ensure and demonstrate compliance with finance -related legal requirements. Governmental Funds: The focus of the Town's governmental funds is to provide information on near- term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the Town's financing requirements. In particular, fund balance may serve as a useful measure of a government's net resources available for spending at the end of the fiscal year. As of the end of the current fiscal year, the Town's governmental funds reported combined ending fund balances of $89,161,687 an increase of $13,338,113 from the prior year's ending fund balances primarily as a result of record sales tax collections and increased construction activity. The following details ending fund balances for the past five years: Fund 2011 2012 2013 2014 2015 General Fund $ 23,546,285 $ 23,403,652 $ 16,401,973 $ 19,687,223 $ 23,622,509 Capital Projects Fund 20,358,739 19,402,790 25,769,300 30,409,349 40,542,297 Real Estate Transfer Tax 17,285,604 16,427,967 16,848,758 16,282,049 17,797,519 Conference Center Fund 8,915,791 7,719,784 1,942,890 1,962,353 - Vail Marketing Fund 156,543 173,975 185,851 196,757 203.263 Vail Local Marketing District 1,061,697 1,295,690 1,413,521 1,361,593 1,552,198 Debt Service Fund 205,647 21,271 21,311 - - Vail Reinvestment Authority 10,143,992 6,736,211 6,851,969 5,924,250 5,443,901 Total $ 81,674,298 $ 75,181,340 $ 69,435,573 $ 75,823,574 $ 89,161,687 The General Fund balance grew steadily until 2011 and 2012, when reserves were used to cash -fund construction of a new West Vail Fire Station. In 2013, a 9.7% increase in sales tax collections helped to offset an $8M investment in Timber Ridge funded by the General Fund reserves. The General Fund increased in 2014 with $3.3M with sales tax collections, an 8.6% increase from 2013. In 2015, the General Fund balance increased by nearly $4.OM from prior year due to sales tax income of $1.3M (or 5.3%) and construction activity of $1.5M. Sales tax collections exceeded all previous records in every month with the exception of May. Parking sales increased 9.3%, ski lift tax increased nearly 9.5% and county sales tax increased 6.8%. The Capital Projects Fund and RETT Fund normally fluctuate as funds are spent on major projects. RETT collections increased 2% from the prior year due to the sale of large commercial property. The Capital Projects Fund benefited from increased sales tax during 2014 and 2015, as well as an all-time high of $2.2M collected in construction use tax due to large construction projects. The Conference Center Fund was created in 2003 to administer the sales and public accommodations taxes that went into effect on January 1, 2003 for the purpose of building and operating a conference center in the Town. However, the Conference Center taxes were rescinded as of January 1, 2006 with additional growth in the fund balance due entirely to earnings on investments. In November, 2011 voters approved use of these funds for improvements to Vail's recreational and cultural facilities. Two capital projects have been completed: the Ford Park athletic fields and improvements to the Gerald R. Ford amphitheater. Renovation of the clubhouse at the Vail golf course and Nordic center began in fall 2015 and is scheduled to be completed in 2016. At December 31, 2015 the Conference Center Fund was depleted. B5 June 21, 2016 - Page 289 of 52! Financial Analysis of the Town's Funds (continued) The Vail Reinvestment Authority (VRA) was added in 2004 to administer an urban renewal authority established in the Lionshead area of the Town. The incremental property taxes generated $3.8M in 2015, providing a funding mechanism for capital improvements within the district by covering annual debt service payments of $1.1 M relating to $11.9M in bonds issued in 2010. The bonds have funded several projects including a new Transit and Welcome Center, a remodel of the Vail Library, and improvements to both the east and west portals into Lionshead Village. Other capital projects within the district have been funded from annual tax increment collections such as Sun Bird Park and reconstruction of the Lionshead parking entry. As of December 31, 2015, the Lionshead entry was complete with other projects such as the 1-70 Underpass underway. The bonds are scheduled to be paid off by 2030, when the district will expire. 1A c 0 90 80 70 60 50 40 30 20 10 10 Year Reserves History BOJ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 All Other Conference Center Fund RETT Fund Capital Projects Fund �Geineral Fund —0—Reserve Min Proprietary Funds: The Town's proprietary funds provide the same type of information found in the government -wide financial statements, but in more detail. In January, 2014 the Town added the Timber Ridge Enterprise Fund to reflect the transfer of all assets and liabilities of the Timber Ridge Affordable Housing Corporation. Operations of the Timber Ridge housing project are now reported within this enterprise fund of the Town. In September, 2014 the Corporation was administratively dissolved. Unrestricted net assets for the Heavy Equipment Fund, Timber Ridge Enterprise Fund, and the Dispatch Services Fund at the end of the year were $1,993,733; $30,814; and $1,253,741, respectively. The Health Insurance Fund net assets were $3,265,962, all of which are restricted for the Town's self-funded health insurance program. Budget Variances in the General Fund: General Fund revenue was higher than the amended budget by $2,212,662 or 6.3%, mainly due to increased ski lift tax collections (up 7.8% from budget), parking revenue (up 23.0°/x), permits and licensing fees (up 34.9%) and county tax revenue (up 6.0%). Expenditures were below budget by $2,501,801 or 7.0% due mainly to staffing vacancies and operations savings resulting from conservative spending by Town departments. Capital Assets: The Town's government -wide capital assets, net of accumulated depreciation, increased by $1,376,855 in 2015. Capital additions included completion of the Lionshead skate park, the remodel of the Ford Park playground and restrooms, the continuation of the Golf Clubhouse and Nordic center, and the reconstruction of the Gore Valley library recreational path. Additional information, as well as a detailed classification of the Town's net capital assets, can be found in the Notes to the Financial Statements in footnote IV.0 of this report. B6 June 21, 2016 - Page 290 of 52! Long-term Debt: As of the end of the current fiscal year, the Vail Reinvestment Authority had $9,820,000 of tax increment bonds outstanding, of which $500,000 of bond principal is due within one year. Additional information regarding the Authority's debt can be found in the Notes to the Financial Statements in footnote IV.G of this report. Sales Tax: During 2015, the Town had a 4% general sales tax to support governmental operations, including capital expenditures. The following chart shows changes in the general sales tax for the past ten years. The Town experienced record collections in 11 out of 12 months during the year, with total collections up 7.2% from the prior year. 28.0 24.0 22.0 20.0 18.0 119.0 14.0 12.0 10.0 8.0 0.0 4.0 2.0 0.0 Sales Tax Compared with Inflation 2006 2008 2007 2008 2009 2010 2011 2012 2013 2014 201' i0':: of 288.0 270.0 252.0 234.0 218.0 1SQ.0 188.0 162.0 144.0 128.0 108.0 80.0 72.0 54.0 36.0 18.0 Next Year's Budget and Rates: The Town's General Fund balance at the end of the current fiscal year was $23,622,510; representing 63% of annual revenue. Request for information This financial report is designed to provide a general overview of the Town's finances for all those with an interest in the government's finances. Questions concerning any of the information provided in this report should be addressed to the Town of Vail, Finance Director, 75 S. Frontage Road, Vail, Colorado 81657. B7 June 21, 2016 - Page 291 of 52! GOVERNMENT -WIDE FINANCIAL STATEMENTS June 21, 2016 - Page 292 of Town of Vail, Colorado Statement of Net Position December 31, 2015 The accompanying notes are an integral part of these financial statements. C1 June 21, 2016 - Page 293 of 52! Governmental Business -type Activities Activities Total Assets: Equity in pooled cash and investments 73,166,187 1,253,567 74,419,754 Unrestricted cash and investments 7,706,137 818,645 8,524,782 Cash - restricted 1,837,536 47,275 1,884,811 Receivables (net of allowance for uncollectible accounts): Property taxes assessed 4,687,933 - 4,687,933 Other taxes 6,628,865 6,628,865 Other governments 27,478 - 27,478 Other 627,193 152,954 780,147 Inventory 262,428 - 262,428 Prepaid expenses 26,840 331 27,171 Interest receivable 45,643 - 45,643 Internal balances 9,202,879 (9,202,879) - Rent receivable - 193,926 193,926 Loans receivable: Collectible in more than one year 1,685,569 - 1,685,569 Capital assets not being depreciated 29,244,007 4,399,500 33,643,507 Capital assets being depreciated, net of accumulated depreciation 99,120,665 6,764,160 105,884,825 Total Assets 234,269,360 4,427,479 238,696,839 Liabilities: Accounts payable 2,127,077 58,419 2,185,496 Due to other governments 254,539 - 254,539 Retainage payable 214,870 - 214,870 Accrued salaries and wages 218,500 63,170 281,670 Interest payable 46,550 45,643 92,193 Other unearned revenue 2,135,390 4,996 2,140,386 Deposits payable 282,964 47,270 330,234 Compensated absences: Due within one year 567,064 18,793 585,857 Due in more than one year 850,595 43,851 894,446 Bonds payable: Due within one year 500,000 - 500,000 Due in more than one year 9,331,200 - 9,331,200 Total Liabilities 16,528,749 282,142 16,810,891 Deferred Inflow of Resources: Unavailable property taxes 4,687,933 - 4,687,933 Total Deferred Inflow of Resources 4,687,933 - 4,687,933 Net Position: Net investment in capital assets 118,533,472 2,860,782 121,394,254 Restricted for: Emergencies 2,020,000 - 2,020,000 Other purposes 22,065,706 - 22,065,706 Unrestricted: 70,433,500 1,284,555 71,718,055 Total Net Position 213,052,678 4,145,337 217,198,015 The accompanying notes are an integral part of these financial statements. C1 June 21, 2016 - Page 293 of 52! Town of Vail, Colorado Statement of Activies For the Year Ended December 31, 2015 Business -type Activities: Dispatch services 2,646,172 1,729,217 797,382 (119,573) (119,573) Net (Expense) Revenue and 1,045,298 1,398,868 - 353,570 353,570 Program Revenues 3,691,470 Changes in Net Position - 233,997 233,997 Total 55,654,411 Operating Capital (36,982,069) Charges for Grants and Grants and Governmental Business -type Expenses Services Contributions Contributions Activities Activities Total Governmental Activities: General Government: 7,016,016 3,601,290 1,290,118 (2,124,608) (2,124,608) Public Safety 9,909,708 334,453 3,725 (9,571,530) (9,571,530) Public Works & Transportation 18,356,607 5,087,142 2,507,614 - (10,761,851) (10,761,851) Culture & Recreation 9,388,202 154,741 1,253,997 25,000 (7,954,464) (7,954,464) Economic Development 6,722,840 320,899 - 167,896 (6,234,045) (6,234,045) Interest on long-term debt 569,568 - - - (569,568) (569,568) Total Governmental Activities: 51,962,941 9,498,525 5,055,454 192,896 (37,216,066) (37,216,066) Business -type Activities: Dispatch services 2,646,172 1,729,217 797,382 (119,573) (119,573) Housing (Timber Ridge) 1,045,298 1,398,868 - 353,570 353,570 Total Business -type Activities: 3,691,470 3,128,085 797,382 - 233,997 233,997 Total 55,654,411 12,626,610 5,852,836 192,896 (37,216,066) 233,997 (36,982,069) General Revenues: Taxes: Sales and use taxes Real estate transfer taxes Lodging taxes Property and specific ownership taxes Ski area lift ticket admissions tax Franchise taxes Cigarette taxes Investment earnings Gain (loss) on disposal of capital assets Miscellaneous Transfers Total General Revenues and Transfers Change in Net Position Net Position - January 1 (Restated) Net Position - December 31 The accompanying notes are an integral part of these financial statements. C2 28,654,279 6,965,617 3,228,044 8,232,968 4,763,956 1,083,666 74,343 538,805 145,179 889,189 (22,338) 54,553,708 17,337,642 3,387 13,023 22,338 38,748 272,745 28,654,279 6,965,617 3,228,044 8,232,968 4,763,956 1,083,666 74,343 542,192 145,179 902,212 17,610,387 195,715,036 3,872,592 199,587,628 213,052,678 4,145,337 217,198,015 June 21, 2016 - Page 294 of 529 FUND FINANCIAL STATEMENTS June 21, 2016 - Page 295 of Assets: Equity in pooled cash and investments Cash and cash equivalents - Unrestricted Cash and cash equivalents - Restricted Receivables, net of allowance for uncollectible accounts: Property taxes assessed Other taxes Other governments Other Due from other funds Loans receivable Prepaid expenses Total Assets Liabilities and Fund Equity: Liabilities: Accounts payable Due to other governments Due to other funds Retainage payable Accrued payroll and related liabilities Unearned revenue Deposits payable Total Liabilities Deferred Inflows of Resources: Property taxes Total Deferred Inflows of Resources Fund Balances: Non -spendable Restricted Committed Assigned Unassigned Total Fund Balances Total Liabilities and Fund Balances Town of Vail, Colorado Balance Sheet Governmental Funds December 31. 2015 4,687,933 Real Estate Conference Vail Vail Local Vail Capital Debt Total General Transfer Tax Center Marketing Marketing Reinvestment Projects Service Governmental Fund Fund Fund Fund District Authority Fund Fund Funds 18,842,454 15,915,906 - 335,647 - - 32,609,369 - 67,703,376 13,340 - - - 959,331 6,733,466 - - 7,706,137 - - - - - 1,496,732 - - 1,496,732 4,687,933 - - - - - - - 4,687,933 5,146,709 883,786 - - 598,370 - - - 6,628,865 26,313 - - - - - 1,165 - 27,478 319,018 1,498 - - - 160 198,873 - 519,549 - 1,373,614 - - - - 1,384,023 - 2,757,637 563,371 - - - - - 9,202,879 - 9,766,250 26,145 112,042 695 26,840 29,625,283 18,174,804 335,647 1,558,396 8,230,358 43,396,309 101,320,797 735,432 295,007 - 28,333 6,198 5,298 580,134 - 1,650,402 3,658 - - - - 23,523 227,358 - 254,539 - - - - - 2,757,636 - - 2,757,636 - 77,421 - - - - 137,449 - 214,870 180,744 - - - - - - - 180,744 112,042 4,858 - 104,051 - - 1,909,071 - 2,130,022 282,964 335,647 1,558,396 8,230,358 43,396,309 282,964 1,314,840 377,286 132,384 6,198 2,786,457 2,854,012 7,471,177 4,687,933 4,687,933 4,687,933 4,687,933 589,516 - - - 695 - 9,202,879 - 9,793,090 2,040,756 17,797,518 - 203,263 97,000 3,947,169 - - 24,085,706 9,452,755 - - - 1,454,503 - 26,372,249 - 37,279,507 - - - - - 1,496,732 4,967,169 - 6,463,901 11,539,483 11,539,483 23,622,510 17,797,518 203,263 1,552,198 5,443,901 40,542,297 89,161,687 29,625,283 18,174,804 335,647 1,558,396 8,230,358 43,396,309 Amounts reported for governmental activities in the Statement of Net Position are different because: Capital assets used in governmental activities are not financial resources and, therefore, are not reported in the funds. Other long-term assets and unearned charges are not available for current period expenditures and, therefore, are not reported in the funds. Internal service funds are used by management to charge the costs of heavy equipment and health insurance to individual funds. The assets and liabilities of the internal service funds are included in governmental activities in the Statement of Net Position. Long-term liabilities, including bonds payable, interest payable, and compensated absences within governmental activities are not due and payable in the current period and, therefore, are not reported in the funds. Net Position of Governmental Activities The accompanying notes are an integral part of these financial statements. C3 124,536,619 1,508,645 9,087,748 (11,242,021) 213,052,678 June 21, 2016 - Page 296 of 52! Revenues: Taxes Permits and licenses Intergovernmental revenue Charges for services Investment income Interest Subsidy Miscellaneous Total Revenues Expenditures: General government Public safety Public works and transportation Culture and recreation Economic development Debt service: Principal Interest Total Expenditures Excess (Deficiency) of Revenues Over Expenditures Other Financing Sources (Uses): Sale of assets Transfers in Transfers (out) Total Other Financing Sources (Uses) Net Change in Fund Balances Town of Vail, Colorado Statement of Revenues, Expenditures Changes in Fund Balances Governmental Funds For the Year Ended December 31, 2015 Real Estate Conference Vail Vail Local Vail Capital Debt Total General Transfer Tax Center Marketing Marketing Reinvestment Projects Service Governmental Fund Fund Fund Fund District Authority Fund Fund Funds 25,442,663 6,965,617 - 3,228,044 3,837,261 12,624,097 52,097,682 2,074,584 - 320,899 - - - 2,395,483 2,126,811 25,445 - 451,276 2,603,532 7,269,985 153,307 - 231,064 7,654,356 146,627 81,695 9,891 1,652 515 937 262,689 504,006 - - - - - 167,896 - 167,896 216,914 1,244,036 2,064,091 3,525,041 37,277,584 8,470,100 9,891 322,551 3,228,559 4,006,094 15,633,217 68,947,996 6,871,292 - 6,871,292 9,233,678 198,913 9,432,591 13,224,143 7,887,938 6,884,292 27,996,373 1,114,952 2,213,636 - 3,328,588 2,902,815 - 316,045 3,037,954 660,879 6,917,693 490,000 490,000 577,928 577,928 33,346,880 10,300,487 316,045 3,037,954 1,728,807 6,884,292 55,614,465 3,930,704 (1,830,387) 9,891 6,506 190,605 2,277,287 8,748,925 - 13,333,531 26,920 - - 26,920 - 3,345,857 1,384,023 4,729,880 (22,338) (1,972,244) (2,757,636) (4,752,218) 4,582 3,345,857 (1,972,244) (2,757,636) 1,384,023 4,582 3,935,286 1,515,470 (1,962,353) 6,506 190,605 (480,349) 10,132,948 - 13,338,113 Fund Balances - January 1 19,687,223 16,282,049 1,962,353 196,757 1,361,593 5,924,250 30,409,349 75,823,574 Fund Balances - December 31 23,622,509 17,797,519 203,263 1,552,198 5,443,901 40,542,297 89,161,687 Net Change in Fund Balances of Governmental Funds 13,338,113 Amounts reported for governmental activities in the Statement of Activities are different because Governmental funds report capital outlays as expenditures. However, in the Statement of Activities, the cost of those assets is allocated over their estimated useful lives as depreciation expense. This is the amount by which capital outlay exceeded depreciation expense, net of disposals for the year. 2,462,266 Internal service funds are used by management to charge the cost of heavy equipment and health insurance to individual funds. This is the amount of internal service fund change in net position for the year. 1,166,758 Repayment of bond and lease principal are expenditures in the governmental funds, but the repayment reduces long-term liabilities in the Statement of Net Position. This is the amount of principal repayments. 490,000 Revenues in the Statement of Activities that do not provide current financial resources are not reported as revenues in the funds. (115,562) Some expenses reported in the Statement of Activities do not require the use of current financial resources and, therefore, are not reported as expenditures in governmental funds. (3,933) Change in Net Position of Governmental Activities 17,337,642 The accompanying notes are in integral part of these financial statements. C4 June 21, 2016 - Page 297 of 52! Town of Vail, Colorado Proprietary Funds Statement of Net Position December 31, 2015 Assets: Current Assets: Equity in pooled cash and investments Cash and cash equivalents - Unrestricted Accounts receivable , net of allowance for uncollectibles Inventory Prepaid expenses Total Current Assets Non-current Assets: Cash and cash equivalents - Restricted Rent receivable Property, plant, and equipment, net of accumulated depreciation Total Non-current Assets Total Assets Liabilities: Current Liabilities: Accounts payable Tenant security deposits Unearned revenue Accrued interest payable Accrued salaries and wages Current portion of compensated absences Total Current Liabilities Non-current Liabilities: Notes payable Compensated absences, net of current portion Total Non-current Liabilities Total Liabilities Net Position: Net investment in capital assets Unrestricted Total Net Position Business -type Activities 768,040 11,163,660 3,828,053 Enterprise Fund - 768,040 Governmental 3,828,053 Dispatch 2,158,819 Activities - Enterprise Fund - Services Internal Timber Ridge Fund TOTAL Service Funds - 1,253,567 1,253,567 5,462,811 818,645 - 818,645 - 15,742 137,212 152,954 107,644 - - - 262,428 331 18,793 331 - 834,718 1,390,779 2,225,497 5,832,883 47,275 47,275 193,926 193,926 10,395,620 768,040 11,163,660 3,828,053 10,636,821 768,040 11,404,861 3,828,053 11,471,539 2,158,819 13,630,358 9,660,936 48,195 10,224 58,419 476,675 47,270 - 47,270 - 3,996 1,000 4,996 5,368 45,643 - 45,643 - - 63,170 63,170 37,756 - 18,793 18,793 16,017 145,104 93,187 238,291 535,816 9,202,879 - 9,202,879 - - 43,851 43,851 37,372 9,202,879 43,851 9,246,730 37,372 9,347,983 137,038 9,485,021 573,188 2,092,742 768,040 2,860,782 3,828,053 30,814 1,253,741 1,284,555 5,259,695 2,123,556 2,021,781 4,145,337 9,087,748 The accompanying notes are an integral part of these financial statements. C5 June 21, 2016 - Page 298 of 52! Town of Vail, Colorado Proprietary Funds Statement of Revenues, Expenses and Changes in Fund Net Position For the Year Ended December 31, 2015 Operating Revenues: Charges for services - Internal Charges for services - External Rent Ground lease Insurance reimbursements Other Total Operating Revenues Operating Expenses: Operations Health claims and premiums Depreciation Total Operating Expenses Operating Income (Loss) Non -Operating Revenues (Expenses): Intergovernmental revenues Gain (loss) on disposal of assets Investment income Interest expense Transfers in Total Non -Operating Revenues (Expenses) Change in Net Position Net Position - January 1 Net Position - December 31 Business -type Activities Enterprise Fund - Governmental Dispatch Activities - Enterprise Fund - Services Internal Timber Ridge Fund TOTAL Service Funds 630,588 630,588 6,109,550 - 1,098,629 1,098,629 675,505 1,243,719 - 1,243,719 - 155,149 155,149 - - - - 12,142 12,631 392 13,023 19,005 1,411,499 1,729,609 3,141,108 6,816,202 588,145 2,471,397 3,059,542 2,237,684 - - - 2,826,647 318,669 174,775 493,444 762,869 906,814 2,646,172 3,552,986 5,827,200 504,685 (916,563) (411,878) 989,002 - 797,382 797,382 - - - - 153,187 887 2,500 3,387 24,569 (138,484) - (138,484) - 22,338 22,338 - (137,597) 822,220 684,623 177,756 367,088 (94,343) 272,745 1,166,758 1,756,468 2,116,124 3,872,592 7,920,990 2,123,556 2,021,781 4,145,337 9,087,748 The accompanying notes are an integral part of these financial statements. C6 June 21, 2016 - Page 299 of 52! Town of Vail, Colorado Proprietary Funds Statement of Cash Flows For the Year Ended December 31, 2015 Business -type Activities Enterprise Fund - Dispatch Enterprise Fund - Services Timber Ridge Fund TOTAL Governmental Activities - Internal Service Funds Cash Flows From Operating Activities: Cash received from other funds - 630,588 630,588 6,109,550 Cash received from tenants for rent 1,242,173 - 1,242,173 - Cash received from (refunded to) tenants for security deposits, net 2,745 - 2,745 - Othercashreceipts 3,066 1,099,021 1,102,087 623,516 Cash paid for goods and services (623,193) (571,014) (1,194,207) (3,863,195) Cash paid to employees - (2,009,096) (2,009,096) (969,421) Net Cash Provided (Used) by Operating Activities 624,791 (850,501) (225,710) 1,900,450 Cash Flows From Non -Capital Financing Activities: Transfer from (to) other funds (351,155) 22,338 (328,817) Cash received from operating grants 797,382 797,382 Net Cash Provided by Non -Capital Financing Activities (351,155) 819,720 468,565 - Cash Flows From Capital and Related Financing Activities: Cash received on disposal of fixed assets - 160,305 Interest paid (140,678) (140,678) - Acquisition and construction of capital assets (172,697) (172,697) (1,066,709) Net Cash (Used) by Capital and Related Financing Activities (313,375) - (313,375) (906,404) Cash Flows From Investing Activities: Interest on investments 887 2,500 3,387 24,569 Net Cash Provided by Investing Activities 887 2,500 3,387 24,569 Net Increase (Decrease) in Cash and Cash Equivalents (38,852) (28,281) (67,133) 1,018,615 Cash and Cash Equivalents - Beginning 904,772 1,281,848 2,186,620 4,444,196 Cash and Cash Equivalents - Ending 865,920 1,253,567 2,119,487 5,462,811 Cash and Cash Equivalents - End of Period is Comprised of: Equity in pooled cash and investments - 1,253,567 1,253,567 5,462,811 Cash and cash equivalents - Unrestricted 818,645 - 818,645 - Cash and cash equivalents - Restricted 47,275 47,275 - Total - Cash and Cash Equivalents 865,920 1,253,567 2,119,487 5,462,811 Reconciliation of Operating Income (Loss) to Net Cash Provided (Used) by Operating Activities: Operating Income/(Loss) 504,685 (916,563) (411,878) 989,002 Adjustments: Depreciation 318,669 174,775 493,444 762,869 (Increase) decrease in accounts receivable (9,564) (119,753) (129,317) (83,136) (Increase) decrease in rent receivable (155,149) (155,149) - (Increase) decrease in inventory - - 24,663 (Increase) decrease in prepaid expenses (134) - (134) - Increase(decrease)in accounts payable (34,914) 8,904 (26,010) 193,873 Increase (decrease) in tenant security deposits 2,745 - 2,745 - Increase (decrease)in prepaid rent (1,547) - (1,547) - Increase (decrease) in other liabilities 1,000 1,000 5,368 Increase (decreases) in accrued wages and benefits - 1,136 1,136 7,811 Total Adjustments 120,106 66,063 186,168 911,448 Net Cash Provided (Used) by Operating Activities 624,791(850,501) (225,710) 1,900,450 The accompanying notes are an integral part of these financial statements. C7 June 21, 2016 - Page 300 of 52! Town of Vail, Colorado Fiduciary Funds Statement of Fiduciary Net Position December 31, 2015 Assets: Cash and investments - Restricted Loans to participants Total Assets Net Position: Held in trust for pension benefits and other purposes Total Net Position Deferred Pension Compensation Trust Plan 55,846,656 13,295,173 482,917 - 56,329,573 13,295,173 56,329,573 13,295,173 56,329,573 13,295,173 The accompanying notes are an integral part of these financial statements. C8 June 21, 2016 - Page 301 of 52! Town of Vail, Colorado Fiduciary Funds Statement of Changes in Fiduciary Net Position For the Year Ended December 31, 2015 Additions: Contributions Investment Income / (Loss) Total Additions Deductions: Professional fees Benefits paid Total Deductions Change in Net Position Net Position - January 1 Net Position - December 31 Deferred Pension Compensation Trust Plan 2,665,424 1,118,521 (894,057) (208,483) 1,771,367 910,038 7,342 396 3,010,061 352,469 3,017,403 352,865 (1,246,036) 557,173 57, 575, 609 12,738,000 56,329,573 13,295,173 The accompanying notes are an integral part of these financial statements C9 June 21, 2016 - Page 302 of 52! NOTES TO THE FINANCIAL STATEMENTS June 21, 2016 - Page 303 of Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 I. Summary of Significant Accounting Policies The Town of Vail, Colorado (the "Town") was incorporated in 1972, under the provisions of Article XX of the Colorado Constitution and Municipal Home Rule Act of 1971. The Town operates under a Council -Manager form of government. The Town's major operations include public safety, public works and transportation, culture and recreation, economic development, administration (general government), and housing. The Town's financial statements are prepared in accordance with generally accepted accounting principles ("GAAP"). The Governmental Accounting Standards Board ("GASB") is responsible for establishing GAAP for state and local governments through its pronouncements (Statements and Interpretations). The more significant accounting policies established by GAAP used by the Town are discussed below. A. Reporting Entity The reporting entity consists of (a) the primary government; i.e., the Town, and (b) organizations for which the Town is financially accountable. The Town is considered financially accountable for legally separate organizations if it is able to appoint a voting majority of an organization's governing body and is either able to impose its will on that organization or there is a potential for the organization to provide specific financial benefits to, or to impose specific financial burdens on, the Town. Consideration is also given to other organizations which are fiscally dependent; i.e., unable to adopt a budget, levy taxes, or issue debt without approval by the Town. Organizations for which the nature and significance of their relationship with the Town are such that exclusion would cause the reporting entity's financial statements to be misleading or incomplete are also included in the reporting entity. The accompanying financial statements present the primary government and its component units; entities for which the government is considered to be financially accountable. Blended component units, although legally separate entities, are, in substance, part of the Town's operations. There are two blended component units reported in the Town's financial statements: Vail Local Marketing District (the "District"), and Vail Reinvestment Authority (the "Authority"). The financial statements of these entities can be obtained from the Town's administrative offices. A third blended component unit, Town of Vail General Improvement District No. 1, is a dormant entity and, therefore, has no financial statements to report. 1. Vail Local Marketing District The District was authorized on November 2, 1999 by a general election that established a 1.4% tax on lodging within the Town's boundaries, beginning January 1, 2000. Proceeds from the tax are to be used for organization, management, promotion, and marketing of public events, for business recruitment, and for tourism promotion. Town Council members also act as the District's Board of Directors. The District is reported as a special revenue fund. D1 June 21, 2016 - Page 304 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) I. Summary of Significant Accounting Policies (continued) A. Reporting Entity (continued) 2. Vail Reinvestment Authority The Authority was created on November 4, 2003 pursuant to the Colorado Urban Renewal Law (C.R.S. 31-25-1) to oversee development and redevelopment of identified blighted areas within the Town. The Town Council approved the formation of the Authority at a public hearing, and filed applicable certification of compliance with the Division of Local Government. Its operations are governed by a Board of Commissioners comprised solely of members of the Town Council. The Authority is reported as a special revenue fund. 3. Town of Vail General Improvement District No. 1 On October 3, 2006, the Town Council accepted a petition requesting formation of Town of Vail General Improvement District No. 1. The District is a public, or quasi -municipal, subdivision of the state of Colorado and a body corporate with the powers set forth in Part 6, Article 25, Title 31 of the Colorado Revised Statutes. The Town Council is the ex -officio Board of Directors of the District. Services provided by the District include (a) programming, regulating, and generally administering public functions to be conducted on the public plaza which will be constructed as part of the Solaris redevelopment project and (b) maintaining the plaza to the extent that the Solaris Metropolitan District fails to do so. At a special election on November 7, 2006, the eligible electors of the District authorized imposition of a mill levy of not more than fifteen mills in any year for the purpose of funding the administration, operation, and maintenance of the District's facilities should the Solaris Metropolitan District fail to do so. As of December 31, 2015, the District had not begun operations or imposed a mill levy, resulting in no financial statements to be reported. B. Government -wide and Fund Financial Statements The Town's basic financial statements include both government -wide (reporting the Town as a whole) and fund financial statements (reporting the Town's major funds). Government -wide financial statements report on information of all of the non -fiduciary activities of the Town and its component units. Both the government -wide and fund financial statements categorize primary activities as either governmental or business - type. The Town's public safety, public works and transportation, culture and recreation, economic development, and administration functions are classified as governmental activities. Timber Ridge and emergency dispatch services of the Town are classified as business -type activities. The government -wide Statement of Activities reports both the gross and net cost of each of the Town's governmental functions and business -type activities. The governmental functions are also supported by general government revenues (sales taxes, property and specific ownership taxes, investment earnings, etc.). The Statement of Activities reduces gross expenses (including depreciation) by related program revenues, operating and capital grants. D2 June 21, 2016 - Page 305 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) I. Summary of Significant Accounting Policies (continued) B. Government -wide and Fund Financial Statements (continued) Program revenues must be directly associated with the governmental function or a business -type activity. Operating grants include operating -specific and discretionary (either operating or capital) grants while the capital grants column reflects capital -specific grants. The government -wide focus is on the sustainability of the Town as an entity and the change in the Town's net assets resulting from the current year's activities. C. Fund Financial Statements The financial transactions of the Town are reported in individual funds in the fund financial statements. Each fund is accounted for by providing a separate set of self - balancing accounts that comprises its assets, liabilities, fund equity, revenues and expenditures / expenses. The fund focus is on current available resources and budget compliance. The Town reports the following major governmental funds: The General Fund is the Town's primary operating fund. It accounts for all financial resources of the Town, except those required to be accounted for in another fund. Resources restricted within this fund relate to TABOR reserve requirements (see Note III.C) and Police Confiscation funds. The Capital Projects Fund accounts for and reports financial resources that are restricted by outside parties (i.e., a portion of the Town's sales tax as well as restricted intergovernmental grants and awards received) as well as amounts committed by Council for expenditures of capital outlay, including the acquisition or construction of capital facilities and other capital assets. It excludes those types of capital -related cash outflows financed by proprietary funds or for assets that will be held in trust for individuals, private organizations, or other governments. The Real Estate Transfer Tax Fund is used to account for the collection of a real estate transfer tax which is specifically restricted per Town ordinance for acquiring, maintaining, and improving real property for parks, recreation, open space and for supporting sustainable environmental practices. The Conference Center Fund was established to account for the collection of a sales tax and public accommodations tax which were specifically restricted for the financing of the construction and operations of a conference center in the Town. The Conference Center taxes were rescinded by election in November 2005. Voters elected in November 2011 to authorize use of the funds for specific capital projects including the clubhouse at the Vail golf course and Nordic center, the Ford Park athletic fields, and improvements to the Gerald R. Ford amphitheater. Work began on these projects during 2012 and has continued through 2015. During 2015, the remaining funds were transferred to the Real Estate Transfer Tax fund for project completions. In 2016 the Conference Center Fund will become inactive. D3 June 21, 2016 - Page 306 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) I. Summary of Significant Accounting Policies (continued) C. Fund Financial Statements (continued) The Vail Marketing Fund accounts for the collection of business license fees which are specifically restricted for expenditures related to the marketing of the Town. The Vail Local Marketing District accounts for collection of lodging taxes, which are restricted for use for the activities of the District. The Vail Reinvestment Authority accounts for the collection of Tax Increment Financing revenues which are restricted for use for the activities of the Authority. The Debt Service Fund accounts for resources that are restricted to expenditure for principal and interest that have been legally mandated, as well as the accumulation for resources for, and the payment of, long-term obligation debt principal, interest, and related costs. The Town reports the following major proprietary or business -type funds: The Timber Ridge Enterprise Fund ("Timber Ridge") accounts for the activities of the 198 -unit rental housing project located in the Town (the "Project"). The Dispatch Services Fund accounts for the emergency dispatch services provided by the Town within Eagle County, Colorado. Additionally, the Town reports the following fund types: Internal service funds account for the repair and maintenance costs and purchase of Town vehicles and equipment, excluding buses and fire trucks. In addition, internal service funds are used to account for the health insurance plan provided to Town employees. Trust funds are used to account for the accumulation of resources for pension benefit payments to qualified Town employees and to account for assets held for employees in accordance with the provisions of Internal Revenue Code section 457. No budget is adopted for the Town's trust funds. D. Measurement Focus, Basis of Accounting, and Financial Statement Presentation Measurement focus refers to whether financial statements measure changes in current resources only (current financial focus) or changes in both current and long-term resources (long-term economic focus). Basis of accounting refers to the point at which revenues, expenditures, or expenses are recognized in the accounts and reported in the financial statements. Financial statement presentation refers to classification of revenues by source and expenses by function. D4 June 21, 2016 - Page 307 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) I. Summary of Significant Accounting Policies (continued) D. Measurement Focus, Basis of Accounting, and Financial Statement Presentation (continued) Long-term Economic Focus and Accrual Basis Both governmental and business -type activities in the government -wide financial statements and the proprietary and fiduciary fund financial statements use the long-term economic focus and are presented on the accrual basis of accounting. Revenues are recognized when earned and expenses are recognized when incurred, regardless of the timing of the related cash flows. On an accrual basis, revenue from property taxes is recognized in the fiscal year for which the taxes are levied. Revenue from grants and donations are recognized in the fiscal year in which all eligibility requirements have been satisfied. 2. Current Financial Focus and Modified Accrual Basis The governmental fund financial statements use the current financial focus and are presented on the modified accrual basis of accounting. Under the modified accrual basis of accounting, revenues are recorded when susceptible to accrual; i.e., both measurable and available. The Town considers all revenues reported in the governmental funds to be available if they are collected within sixty days after year-end. Expenditures are recorded when the related fund liability is incurred, except for principal and interest on general long-term debt, claims and judgments, and compensated absences, which are recognized as expenditures when due. General capital asset acquisitions are reported as expenditures in governmental funds. Proceeds of general long-term liabilities and acquisitions under capital leases are reported as other financing sources. 3. Financial Statement Presentation As a general rule the effect of interfund activity has been eliminated from the government -wide financial statements. Exceptions to this rule are payments where the amounts are reasonably equivalent to the value of the interfund services provided and other charges between the various functions of the Town. Elimination of these charges would distort the direct costs and program revenues are reported. Amounts reported as program revenues include 1) charges to customers and applicants for goods, services or privileges provided, 2) operating grants and contributions and 3) capital grants and contributions, including special assessments. Internally dedicated resources are reported as general revenues rather than as program revenues. Likewise, general revenues include all taxes. Proprietary funds distinguish operating revenues and expenses from non- operating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund's principal ongoing operations. The principal operating revenue of the Town's enterprise funds are rents from individuals employed in the Town and charges for services related to emergency dispatch. Operating expenses for the enterprise fund includes operating expenses and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as non-operating revenues and expenses. D5 June 21, 2016 - Page 308 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) I. Summary of Significant Accounting Policies (continued) E. Financial Statement Accounts Presentation 1. Equity in Pooled Cash and Investments The Town has a policy of central cash management whereby cash balances of each of the Town's funds are pooled in and invested in certain investments for all funds except the Pension Trust Fund and the Deferred Compensation Plan Fund. Additionally, the component units do not participate in the Town's central cash management. Equity in pooled cash and investments include demand deposits, short-term investments with original maturities of three months or less from the date of acquisition, and long-term investments in U.S. government obligations. Investments are stated at fair market value. 2. Cash and Cash Equivalents Cash and cash equivalents include cash on hand and investments with original maturities of three months or less from the date of acquisition. Cash equivalents are both readily convertible to cash and are so near their maturity they present insignificant risk of change in value due to interest rate changes. Restricted cash and cash equivalents represent certain proceeds of debt issuances, as well as certain resources set aside for their repayments because their use is limited by the applicable covenants. Restricted assets also include certain deposits that have been limited as to usage pursuant to escrow and similar agreements. 3. Receivables Receivables are reported net of an allowance for uncollectible accounts. Loans receivable in governmental funds consist of housing and other loans that are generally not expected or scheduled to be collected in the subsequent year. 4. Inventory Inventory is valued at cost using the first -in / first -out (FIFO) method. Inventories of governmental funds are recorded as expenditures when consumed rather than when purchased. 5. Prepaid Items Payments to vendors that reflect costs applicable to future accounting periods are recorded as prepaid items in both government -wide and fund financial statements. D6 June 21, 2016 - Page 309 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) I. Summary of Significant Accounting Policies (continued) E. Financial Statement Accounts (continued) 6. Interfund Transactions Interfund services provided and used are accounted for as revenues, expenditures or expenses. Transactions that constitute reimbursements to a fund for expenditures or expenses initially made from it that are properly applicable to another fund, are recorded as "due from other funds" or "due to other funds" on the balance sheet when they are expected to be liquidated within one year. Any residual balances outstanding between the governmental activities and business -type activities are reported in the government -wide financial statements as "internal balances" 7. Capital Assets Capital assets, which include land, buildings, improvements, equipment, vehicles and infrastructure assets, are reported in the applicable governmental or business -type activity columns in the government -wide financial statements. Capital assets are defined by the Town as assets with an initial cost of $5,000 or more and an estimated useful life in excess of one year. Such assets are recorded at cost where historical records are available and at an estimated historical cost where no historical record exists. Donated capital assets are recorded at estimated fair market value at the date of donation. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend asset lives are not capitalized. Improvements are capitalized and depreciated over the remaining useful lives of the related fixed assets, as applicable. Capital outlay for projects is capitalized as projects are constructed. Costs related to the construction of assets include interest, engineering, legal, surveying and landscaping that were incurred from the beginning of construction until the assets were substantially complete are capitalized. Capital assets (excluding land and art) are depreciated using the straight-line method, over the estimated useful life. 8. Compensated Absences Vested or accumulated vacation leave that is expected to be liquidated with expendable available financial resources is reported as expenditure and a fund liability of the governmental fund that will pay it. Amounts of vested or accumulated vacation leave that are not expected to be liquidated with expendable available financial resources are reported in the governmental activities column in the government -wide financial statements. Vested or accumulated vacation leave of the proprietary fund type is recorded as an expense and liability of that fund as the benefits accrue to employees. In accordance with the provisions of GASB Statement No. 16, Accounting for Compensated Absences, no liability is recorded for non -vesting accumulating rights to receive sick pay benefits. D7 June 21, 2016 - Page 310 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) I. Summary of Significant Accounting Policies (continued) E. Financial Statement Accounts (continued) 8. Compensated Absences (continued) After the completion of ten years of full-time service, employees are eligible for a cash or gift benefit. The estimated liability for all eligible employees is recorded in governmental activities in the Statement of Net Position, as a component of compensated absences. 9. Deferred Outflows and Inflows of Resources Deferred outflows of resources represent a consumption of net position that applies to a future period and so will not be recognized as an outflow of resources (expenses/expenditures) until then. The Town has no items that qualify for reporting under this category on the government -wide Statement of Net Position. Deferred inflows of resources represent an acquisition of net position that applies to a future period and so will not be recognized as an inflow of resources (revenue) until that time. The Town has only one item that qualifies for reporting in this category, unavailable revenue from property taxes, reported in the governmental balance sheet and on the Statement of Net Position. Property taxes are assessed in one year as a lien on the property, but not collected by the governmental unit until the subsequent year. Therefore, these amounts are deferred and recognized as an inflow from resources in the period that amounts become available. 10. Bond Premiums and Discounts Bonds payable are reported net of the applicable bond premium or discount. No amortization was taken on these premiums or discounts in the first year. These premiums and discounts are amortized over the life of the applicable bonds using the bond outstanding method. 11. Unearned Revenue For governmental funds, unearned revenues arise when potential revenue does not meet both the "measurable" and "available" criteria for recognition in the current period. For proprietary funds, unearned revenues arise when potential revenue is unearned. In subsequent periods, when revenue recognition criteria are met, or when the Town has legal claim to the resources, the liability for unearned revenue is removed and revenue is recognized. D8 June 21, 2016 - Page 311 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) I. Summary of Significant Accounting Policies (continued) E. Financial Statement Accounts (continued) 12. Fund Equity Governmental accounting standards establish fund balance classifications that comprise a hierarchy based primarily on the extent to which a government is bound to observe constraints imposed upon the use of the resources reported in governmental funds. Fund balance classifications include Non -spendable, Restricted, Committed, Assigned, and Unassigned. These classifications reflect not only the nature of the funds, but also provide clarity to the level of restriction placed upon fund balance. Fund balance can have different levels of restraint, such as external versus internal compliance requirements. Unassigned fund balance is a residual classification within the General Fund. The General Fund should be the only fund that reports a positive unassigned balance. In all other funds, unassigned is limited to negative residual fund balance. For further details of the various fund balance classifications refer to Note IV.K. F. Significant Accounting Policies Use of Estimates The preparation of financial statements in conformity with GAAP requires the Town's management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amount of revenues and expenditures or expenses during the reporting period. Actual results could differ from those estimates. 2. Credit Risk The receivables of the various funds of the Town are primarily due from other governments. Management believes that the credit risk related to the receivables is minimal. 3. Restricted and Unrestricted Resources When both restricted and unrestricted resources are available for use, it is the government's policy to use restricted resources first, then unrestricted resources as they are needed. II. Reconciliation of Government -wide and Fund Financial Statements A. Explanation of Certain Differences Between the Governmental Fund Balance Sheet and the Government -wide Statement of Net Position The governmental fund Balance Sheet includes reconciliation between the fund balance of total governmental funds and net position of governmental activities as reported in the government -wide Statement of Net Position. One element of that reconciliation explains "Capital assets used in governmental activities are not financial resources and therefore are not reported in the funds". This $124,536,619 difference is related to property, plant and equipment of $299,822,686 less accumulated depreciation of $175,286,067. D9 June 21, 2016 - Page 312 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) II. Reconciliation of Government -wide and Fund Financial Statements (continued) A. Explanation of Certain Differences Between the Governmental Fund Balance Sheet and the Government -wide Statement of Net Position (continued) Another element of that reconciliation explains "Other long-term assets and unearned charges are not available for current period expenditures and therefore are not reported in the funds". This $1,508,645 difference is comprised of pension forfeitures of $340,804; interest receivable of $45,643; and a long term note receivable due to the Town of $1,122,198. Net assets totaling $9,087,748 of internal service funds used by management to charge the costs of heavy equipment and health insurance to individual funds are included in the governmental activities in the Statement of Net Position. Additionally, the reconciliation states that long-term liabilities are not due and payable in the current period and, therefore, are not reported in the funds. This $11,242,021 difference is related to bonds and notes payable of $9,820,000; accrued compensated absences of $1,364,271; premium on issued debt of $11,200; and interest payable of $46,550. B. Explanation of Certain Differences Between the Governmental Fund Statement of Revenue, Expenditures and Changes in Fund Balances and the Government -wide Statement of Activities The governmental fund Statement of Revenues, Expenditures and Changes in Fund Balances includes reconciliation between net change in fund balances of governmental funds and changes in net assets of governmental activities as reported in the government -wide Statement of Activities. One element of that reconciliation explains "Governmental funds report capital outlays as expenditures. However, in the Statement of Activities, the cost of those assets is allocated over their estimated useful lives as depreciation expense." The details of this $2,462,266 difference are comprised of capital outlay of $10,129,401 less depreciation expense of $7,632,207; and a loss on the disposal of assets of $34,929. III. Stewardship, Compliance, and Accountability A. Budgetary Information An annual budget and appropriation ordinance is adopted by Town Council in accordance with the Town's Home Rule Charter. Budgets are prepared on the basis of GAAP for all funds except the Heavy Equipment Fund, Timber Ridge Enterprise Fund, and Dispatch Services Fund. As required by Colorado Statutes, all funds have legally adopted budgets and appropriations. The total expenditures for each fund may not exceed the amounts appropriated. Appropriations for a fund may be increased if unanticipated revenues offset them. All appropriations lapse at year-end. D10 June 21, 2016 - Page 313 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) Stewardship, Compliance, and Accountability (continued) A. Budgetary Information (continued) The budgets for these funds have been adopted on a non -GAAP budget and are reconciled to GAAP below: Change in Net Position - Budget Basis add/(less): Loan principal repayment to Capital Projects Fund Change in compensated absences Capitalized assets Depreciation Net book value of disposed assets Heavy Timber Ridge Dispatch Equipment Enterprise Services Fund Fund Fund $ (61,210) $ 161,905 $ 76,726 - 351,155 - 1,059 - 3,706 1,066,709 172,697 - (762,869) (318,669) (174,775) (7,119) - - Change in Net Position - GAAP Basis $ 236,570 $ 367,088 $ (94,343) The Town followed these procedures in preparing, approving, and enacting its budget for 2015. (1) For the 2015 budget year, prior to August 25, 2014, the County Assessor sent the Town a certified assessed valuation of all taxable property within the Town's boundaries. (2) Prior to the end of the 2014 fiscal year, the Town Manager submitted to the Town Council a budget and accompanying message. (3) Prior to December 15, 2014, the Town computed and certified to the County Commissioners a levy rate that derived the necessary property taxes as computed in the proposed budget. (4) After a required publication of "Notice of Proposed Budget", the Town adopted the proposed budget and an appropriation ordinance which legally appropriated expenditures for the upcoming year. (5) After adoption of the budget ordinance, the Town may make the following changes: a) transfer appropriated money between funds; b) approve supplemental appropriations to the extent of revenues in excess of those estimated in the budget; c) approve emergency appropriations; and d) reduce appropriations for which originally estimated revenues are insufficient. Taxes levied in one year are collected in the succeeding year. Thus, taxes certified in 2014 were collected in 2015 and taxes certified in 2015 will be collected in 2016. Taxes are due on January 1 in the year of collection; however, they may be paid in either one installment (no later than April 30) or two equal installments (not later than February 28 and June 15) without interest or penalty. Taxes that are not paid within the prescribed time bear interest at the rate of one percent (1 %) per month until paid. Unpaid amounts and the accrued interest thereon become delinquent on June 16. During the year, supplemental appropriations were necessary. The budgetary comparison statements reflect the original budget and the final budget after legally authorized revisions were made. D11 June 21, 2016 - Page 314 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) III. Stewardship, Compliance, and Accountability (continued) B. Budgetary Information — Vail Local Marketing District The District's budget timetable varies from the Town's. The District followed these procedures in preparing, approving, and enacting its budget for 2015. (1) On or before September 30, 2014, the District must submit to the Board a recommended budget that details the revenues necessary to meet the District's operating requirements. This was done on September 16, 2014. (2) After appropriate public notice and a required public hearing, the Board must adopt the proposed budget and a resolution that legally appropriated expenditures for the upcoming year on or before December 5, 2014. The Board adopted the 2015 budget on October 23, 2014. (3) After adoption of the initial budget resolution, the District may make the following changes: a) approve supplemental appropriations to the extent of revenues in excess of those estimated in the budget; b) approve emergency appropriations; and c) reduce appropriations for which originally estimated revenues are insufficient. During the year, supplemental appropriations were necessary. The budgetary comparison statements reflect the original budget and the final budget after legally authorized revisions were made. C. TABOR Amendment In November 1992, Colorado voters amended Article X of the Colorado Constitution by adding Section 20, commonly known as the Taxpayer's Bill of Rights ("TABOR"). TABOR contains revenue, spending, tax and debt limitations that apply to the State of Colorado and local governments. TABOR requires, with certain exceptions, advance voter approval for any new tax, tax rate increase, mill levy above that for the prior year, extension of any expiring tax, or tax policy change directly causing a net tax revenue gain to any local government. Except for refinancing bonded debt at a lower interest rate or adding new employees to existing pension plans, TABOR requires advance voter approval for the creation of any multiple -fiscal year debt or other financial obligation unless adequate present cash reserves are pledged irrevocably and held for payments in all future fiscal years. TABOR also requires local governments to establish an emergency reserve to be used for declared emergencies only. Emergencies, as defined by TABOR, exclude economic conditions, revenue shortfalls, or salary or fringe benefit increases. The reserve is calculated at 3% of fiscal year spending for fiscal years ending after December 31, 1995. Fiscal year spending excludes bonded debt service and enterprise spending. The Town has reserved a portion of the December 31, 2015 fund balance in the General Fund for this purpose in the amount of $1,923,000 which is the approximate required reserve. D12 June 21, 2016 - Page 315 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) III. Stewardship, Compliance, and Accountability (continued) C. TABOR Amendment (continued) The initial base for local government spending and revenue limits is December 31, 1992 fiscal year spending. Future spending and revenue limits are determined based on the prior year's fiscal year spending adjusted for inflation in the prior calendar year plus annual local growth. Fiscal year spending is generally defined as expenditures and reserve increases with certain exceptions. Revenue, if any, in excess of the fiscal year spending limit must be refunded in the next fiscal year unless voters approve retention of such revenue. On November 16, 1993, voters of the Town approved the collection and expenditure of all revenues generated, including reduction in debt service during 1993 and each subsequent year (not including revenue generated from ad valorem property taxes) without any increase in such tax rates and the expenditure of such revenues for debt service, municipal operations, and capital projects, effective January 1, 1994. On November 7, 2000, the Town's electorate approved the collection and expenditure of all revenues received from ad valorem property taxes levied in 2000 and each year thereafter. The remaining restrictions of the TABOR Amendment apply, which are: • Voter approval of all new taxes and tax rate increases; • Voter approval for new or additional Town debt; • No increase or imposition of a new real estate transfer tax; and, • All election requirements remain in effect. The Town's management believes it is in compliance with the financial provisions of TABOR. However, TABOR is complex and subject to interpretation. Many of its provisions, including the interpretation of how to calculate fiscal year spending limits, will require judicial interpretation. D. TABOR Amendment — Vail Local Marketing District As required by TABOR, the District has reserved $97,000 of its fund balance for emergencies, which is the approximate required reserve at December 31, 2015. The ballot question approved by District voters on November 2, 1999, which established the 1.4% tax on lodging within the Town's boundaries, also authorized the District to collect and spend the proceeds of the lodging tax, investment income, and all other revenues, without regard to the limitations imposed by TABOR, effective January 1, 2000. The District's management believes it is in compliance with the financial provisions of TABOR. However, TABOR is complex and subject to interpretation. Many of its provisions will require judicial interpretation. D13 June 21, 2016 - Page 316 of 52! IV. Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) Detailed Notes on all Funds A. Cash and Investments Pursuant to its charter, the Town has adopted, by ordinance, an investment policy governing the types of institutions and investments with which it may deposit funds and transact business. Under this policy, the Town may invest in federally insured banks, debt obligations of the U.S. Government, its agencies and instrumentalities, governmental mutual funds and pools including 2a7 -like pools, and repurchase agreements subject to policy requirements. The Town also accounts for the operations of the employees' pension plans that are administered by select employees acting as trustees who are governed by a trust agreement. The trust agreement gives the trustees considerable latitude with investment alternatives. As a result, all pension investments are considered legal under the trust agreement. The Town's deposits and certificates of deposit are entirely covered by federal depository insurance (FDIC) or by collateral held under Colorado Public Deposit Protection Act ("PDPA"). The FDIC insures the first $250,000 of the Town's deposits at each financial institution. Deposit balances over $250,000 are collateralized as required by PDPA. As of year end, the bank balance of the Town's deposits was $22,871,444. The difference between the bank balance and book balance is primarily due to deposits in transit or outstanding checks at December 31, 2015. At year end, the Town had the following investments and maturities: Type Rating Deposits: Cash on hand Demand deposits Certificates of deposit Certificates of deposit Total deposits Investments: US agencies - FHLMC, FHLB, FNMA Mortgage pools Colotrust Pension and Section 457 investments Total investments Total deposits and investments Reconciliation to Statement of Net Position: Equity in pooled cash and investments Cash and cash equivalents - Unrestricted Cash and cash equivalents - Restricted Fiduciary Funds Total D14 Carrying Maturities Value $ 13,340 32,709,688 <1 year 4,903,255 <5 years 6,855,386 $ 44,481,669 AA+ <5 years $ 15,943,337 AA+ N/A 9,331,753 AAAm N/A 14,589,671 N/A N/A 69,624,746 109,489,507 $ 153,971,176 $ 74,419,754 8,524,782 1,884,811 69,141,829 $ 153,971,176 June 21, 2016 - Page 317 of 52! IV. Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) Detailed Notes on all Funds (continued) A. Cash and Investments (continued) Pools. The Town has invested in the Colorado Government Liquid Asset Trust ("Colotrust"), which is an investment vehicle established for local government entities in Colorado to pool surplus funds. They operate similarly to a money market fund and each share is equal in value to $1. Investments of the trusts consist of U.S. Treasury bills, notes and note strips, and repurchase agreements collateralized by U.S. Treasury securities. Colotrust is rated AAAm by Standard and Poor's. Interest Rate Risk. As a means of limiting its exposure to interest rate risk, the Town diversifies its investments by security type and institution, and limits holdings in any one type of investment with any one issuer. The Town coordinates its investments maturities to closely match cash flow needs and invests primarily in securities with a maximum investment term less than five years from the purchase date. As a result of the limited length of maturities the Town has limited its interest rate risk. Credit Risk. The Town's general investment policy is to apply the prudent -person rule; investments are made as a prudent person would be expected to act, with discretion and intelligence, to seek reasonable income, preserve capital, and, in general, avoid speculative investments. Concentration of Credit Risk. The Town diversifies its investments by security type and institution. Credit quality distribution for investments, with credit exposure as a percentage of total investments are as follows at year end: Investment Type Rating Percentage Colotrust AAAm 17% Investments in the Deferred Compensation Plan and the Pension Trust Funds are held by trustees and are not categorized because they are not evidenced by specific securities that exist in physical or book form. B. Receivables Receivables as of year-end for the Town's funds, including applicable allowances for uncollectible accounts, are as follows: D15 June 21, 2016 - Page 318 of 52! Capital Real Estate Vail Vail Local General Projects Transfer Marketing Marketing Fund Fund Tax Fund Fund District Receivables: Property taxes $ 4,687,933 $ - $ - $ - $ - Other taxes 5,146,709 - 883,786 - 598,370 Other governments 26,313 1,165 - - - Other 320,018 198,873 1,498 - - Gross Receivables 10,180,973 200,038 885,284 - 598,370 Less: Allowance for uncollectibles (1,000) - - - - Net Receivables $ 10,179,973 $ 200,038 $ 885,284 $ - $ 598,370 D15 June 21, 2016 - Page 318 of 52! IV. Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) Detailed Notes on all Funds (continued) B. Receivables (continued) Governmental funds report unearned revenue in connection with receivables for revenues that are not considered to be available to liquidate liabilities of the current period. Total unearned revenue for governmental activities totaled $2,130,022 and is comprised of the following: Vail Heavy Real Estate General Marketing Rein- Equip- Dispatch Health Fund Fund Timber vestment ment Services Insurance Ridge Authority Fund Fund Fund Total Receivables: $ 104,051 Library grants 75,342 - - - Property taxes $ - $ - $ - $ - $ - $ 4,687,933 Other taxes - - - - - 6,628,865 Other governments - - - - - 27,478 Other 15,742 160 133 137,212 107,511 781,147 Gross Receivables 15,742 160 133 137,212 107,511 12,125,423 Less: Allowance for uncollectibles - - - - - (1,000) Net Receivables $ 15,742 $ 160 $ 133 $ 137,212 $ 107,511 $ 12,124,423 Governmental funds report unearned revenue in connection with receivables for revenues that are not considered to be available to liquidate liabilities of the current period. Total unearned revenue for governmental activities totaled $2,130,022 and is comprised of the following: Unearned revenue for construction projects in the Capital Projects Fund includes $959,771 collected from Holy Cross Energy for community enhancement to place utilities underground. The other $949,300 was collected from developers for road improvements. The revenue will be recognized in the year the money is spent. D16 June 21, 2016 - Page 319 of 52! Vail Capital Real Estate General Marketing Projects Transfer Tax Fund Fund Fund Fund Total Unearned revenues: Business licenses $ - $ 104,051 $ - $ - $ 104,051 Library grants 75,342 - - - 75,342 Police programs 36,700 - - - 36,700 Construction projects - 1,909,071 4,858 1,913,929 $ 112,042 $ 104,051 $ 1,909,071 $ 4,858 $ 2,130,022 Unearned revenue for construction projects in the Capital Projects Fund includes $959,771 collected from Holy Cross Energy for community enhancement to place utilities underground. The other $949,300 was collected from developers for road improvements. The revenue will be recognized in the year the money is spent. D16 June 21, 2016 - Page 319 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) IV. Detailed Notes on all Funds (continued) B. Receivables (continued) Loans receivable at December 31, 2015 are comprised of the following: a) In connection with the construction of phased major capital improvements to Ford Park and the Gerald R. Ford Amphitheater, located on Town -owned property, the Town entered into a cost-sharing arrangement with Vail Valley Foundation ("VVF"), wherein VVF agreed to reimburse the Town for all costs incurred in excess of the Town's stated $2.1 million share of the cost of such improvements. Under the terms of the agreement, as amended, VVF is to reimburse the Town for amounts advanced under the agreement by May 2018, without interest and without scheduled payments. The balance outstanding under the arrangement at December 31, 2015 was $1,122,198. As of February 18, 2016 the VVF repaid the full balance of this loan receivable. b) The Town has established a program (the "EHOP Program") to assist qualified full- time Town employees with the purchase of a primary residence within certain geographic boundaries, by providing secured, non-interest bearing loans, with repayment over a maximum 15 -year term including both the principal balance plus a portion of any recognized appreciation in the value of the underlying property. All such advances may be repaid at any time by the borrower -employee. The balance of EHOP Program loans receivable at December 31, 2015 was $563,372. D17 June 21, 2016 - Page 320 of 52! IV. Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) Detailed Notes on all Funds (continued) C. Capital Assets Capital asset activity for the year ended December 31, 2015 was as follows: Governmental Activities: Capital Assets, Not Being Depreciated: Land Art Total Capital Assets, Not Being Depreciated Capital Assets, Being Depreciated: Buildings and improvements Infrastructure and improvements Equipment and vehicles Total Capital Assets Being Depreciated Less Accumulated Depreciation For: Buildings and improvements Infrastructure and improvements Equipment and vehicles Total Accumulated Depreciation Total Capital Assets Being Depreciated, Net Governmental Activities Capital Assets, Net Business -type Activities Capital Assets, Not Being Depreciated: Land Total Capital Assets, Not Being Depreciated Capital Assets, Being Depreciated: Buildings and improvements Equipment Total Capital Assets Being Depreciated Less Accumulated Depreciation For: Buildings and improvements Equipment Total Accumulated Depreciation Total Capital Assets Being Depreciated, Net Business -type Activities Capital Assets, Net Beginning Balance (Restated) Increases Ending Decreases Balance $ 27,430,658 $ - $ - $ 27,430,658 1,788,349 25,000 - 1,813,349 29,219,007 25,000 - 29,244,007 97,994,212 2,837,960 (2,126,193) 98,705,979 135,074,635 6,419,249 (810,074) 140,683,810 42,406,846 1,913,905 (1,949,037) 42,371,714 275,475,693 11,171,114 (4,885,304) 281,761,503 (61,599,547) (2,202,471) 2,124,555 (61,677,463) (86,187,231) (3,716,003) 810,074 (89,093,160) (31,302,240) (2,476,602) 1,908,627 (31,870,215) (179,089,018) (8,395,076) 4,843,256 (182,640,838) 96,386,675 2,776,038 (42,048) 99,120,665 $ 125,605,682 $ 2,801,038 $ (42,048) $ 128,364,672 $ 4,399,500 $ - $ - $ 4,399,500 4,399,500 - - 4,399,500 9,114,615 172,697 - 9,287,312 2,391,567 - - 2,391,567 11,506,182 172,697 - 11,678,879 (2,982,844) (317,910) - (3,300,754) (1,438,428) (175,533) - (1,613,961) (4,421,272) (493,443) - (4,914,715) 7,084,910 (320,746) - 6,764,164 $ 11,484,410 $ (320,746) $ - $ 11,163,664 D18 June 21, 2016 - Page 321 of 52! IV. Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) Detailed Notes on all Funds (continued) C 0 Capital Assets (continued) Depreciation expense was charged to functions of the Town as follows: Governmental Activities: General government Public safety Public works and transportation Culture and recreation Total Depreciation Expense - Governmental Activities Business -type Activities: Dispatch services Housing Total Depreciation - Business -type Activities $ 1,228,874 559,174 4,813,707 1,793,321 $ 8,395,076 $ 174,775 318,669 $ 493,443 Depreciation on capital assets is recorded using the following estimated useful lives: Years Buildings 25-40 Building improvements 7-25 Infrastructure 5-50 Vehicles 5-15 Equipment 5-25 At December 31, 2015, the Town had $100,293,897 of fully depreciated assets. Operating Leases The Town is committed under various leases for buildings, office space, and equipment. For accounting purposes, these leases are considered to be operating leases, and therefore, the liability and the related assets have not been recorded in these financial statements. Long-term Asset — Rent Receivable (Ground Lease) In September, 2014, the Town executed a Ground Lease and a Development Agreement with Lion's Ridge Apartment Homes, LLC ("Lion's Ridge") with respect to the eastern half of the Timber Ridge development. Under the terms of the Ground Lease, the Town leases the new development property to Lion's Ridge for a 50 -year term, during which Lion's Ridge will construct and lease deed -restricted apartments on the newly developed property. The amount of rent payable over the 50 year term has been averaged on a straight-line basis for an annual amount of $155,149. As of December 31, 2015, the rent receivable accrued in the Timber Ridge Enterprise Fund was $193,926. No payments are due from Lion's Ridge until 2025. D19 June 21, 2016 - Page 322 of 52! IV. Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) Detailed Notes on all Funds (continued) F. interfund Receivables, Payables, and Transfers At December 31, 2015, Vail Reinvestment Authority owed the Capital Projects Fund and the Real Estate Transfer Tax Fund $1,384,023 and $1,373,613 respectively in connection with construction projects within the Lionshead district, including the design and construction of the 1-70 underpass and the Lionshead skate park. The following promissory notes payable from the Timber Ridge Enterprise Fund to the Town, which aggregate to $9,202,879 as of December 31, 2015 are reflected as internal balances between the governmental activities and business -type activities categories on the Statement of Net Position: Promissory notes totaling $1.9 million which bear interest at the rate of 1.5% per annum and mature December 1, 2032. These notes are payable to the extent that Timber Ridge has determined the availability of excess net revenues of the Project, after provision for necessary operating or capital reserves, but may be repaid at any time without penalty. Timber Ridge paid $28,500 in accrued interest relating to the $1.9 million notes during 2015. • The $8 million promissory note bears interest at the rate of 1.5% per annum, with blended annual payments, and maturing December 1, 2033. Timber Ridge remitted $112,177 in interest to the Town during 2015 and, as of December 31, 2015, had accrued a total of $45,643 in interest payable to the Town relating to the $8 million note. Debt service requirements for the $8 million promissory note are as follows: 2016 2017 2018 2019 2020 2021-2025 2026-2030 2031-2033 Totals Principal $ 356,423 361,769 367,196 372,704 378,294 1,978,309 2,131,201 Interest $ 106,870 101,483 96,016 90,467 84,835 336,684 182,644 Total $ 463,293 463,252 463,212 463,171 463,129 2,314,993 2,313,845 1,356,983 30,733 1,387,716 $ 7,302,879 $ 1,029,732 $ 8,332,611 Transfers are used to 1) move revenues from the fund that statute or budget requires to collect them to the fund that statute or budget requires to expend them, 2) move unrestricted revenues collected in the General Fund to finance various programs accounted for in other funds in accordance with budgetary authorizations, and, 3) provide additional resources for current operations or debt service. All transfers either occur on a regular basis or are consistent with the purpose of the fund making the transfer. D20 June 21, 2016 - Page 323 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) IV. Detailed Notes on all Funds (continued) G. Long-term Liabilities — Governmental Activities (continued) The Town has the following long-term debt outstanding for governmental activities: 1. Vail Reinvestment Authority Tax Increment Revenue Bonds, Series 2010A The Authority issued $3,670,000 of Tax -Exempt Tax Increment Revenue Bonds dated November 4, 2010 (the "2010A Bonds"). Proceeds from the 2010A Bonds will be used to finance the acquisition, construction and installation of an urban renewal project(s). The interest rate on the 2010A Bonds ranges from 2.5% to 4% per annum, and is payable June 1 and December 1 annually through June 1, 2018. The 2010A Bonds are special limited obligations of the Authority, equitably and ratably secured by an irrevocable pledge of the Trust Estate, funded by pledged property tax revenues. The 2010A Bonds are not subject to redemption prior to maturity at the option of the Authority. 2. Vail Reinvestment Authority Tax Increment Revenue Bonds, Series 2010B The Authority issued $8,270,000 of Taxable Tax Increment Revenue Bonds (Direct Pay Build America Bonds) dated November 4, 2010 (the "20108 Bonds"). Proceeds from the 2010B Bonds will be used to finance the acquisition, construction and installation of an urban renewal project(s). The interest rate on the 2010B Bonds ranges from 5.269% to 6.659% per annum, and is payable June 1 and December 1 annually from June 1, 2011 through June 1, 2030. Principal payments are payable June 1 and December 1 annually from June 1, 2019 through June 1, 2030. The Authority will receive a federal subsidy known as the "BAB Credit" equal to 35% of corresponding interest as provided under the American Recovery and Reinvestment Act of 2009. This "BAB Credit' decreased by 8.7% beginning December 1, 2013 due to federal budget reductions. As of June 1, 2014 the "BAB Credit" decreased by 7.3% due to federal budget reductions and as of October 1, 2015 the refundable credit decreased by 6.8%. The 2010B Bonds are special limited obligations of the Authority, equitably and ratably secured by an irrevocable pledge of the Trust Estate, funded by pledged incremental property tax revenues. 2010B Bonds maturing on or before June 1, 2020 are not subject to optional redemption prior to their respective maturity dates. The 2010B Bonds maturing on and after June 1, 2021 are subject to redemption prior to their respective maturity dates at the option of the Authority at a price equal to the principal amount plus accrued interest to the redemption date without a premium. All 2010B Bonds are subject to mandatory sinking fund redemption. D21 June 21, 2016 - Page 324 of 52! IV. Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) Detailed Notes on all Funds (continued) H. Long-term Liabilities — Compensated Absences The Town has a policy allowing the accumulation of paid vacation and sick leave, subject to certain maximum limits. In accordance with GAAP, the Town's approximate liability for vacation pay earned by employees and longevity pay at December 31, 2015 has been reflected in the proprietary type fund financial statements and in the governmental activities column of the government -wide financial statements. Accumulated sick pay of approximately $3,329,592 at December 31, 2015 has not been reflected in the Town's financial statements as the amount is partially insured by an independent insurance company and the amounts are not payable at termination. I. Long-term Liabilities — Refunded In prior years, the Town defeased certain general obligations and other bonds by placing the proceeds of new bonds in an irrevocable trust to provide for all future debt service payments on the old bonds. The bonds intended to be refunded by the refunding issues remain a contingent liability of the Town until retired; however, they are not included for the purposes of calculating debt limits of the Town. The amount of debt considered defeased cannot be readily determined as of December 31, 2015. J. Long-term Liabilities - Activity and Debt Service Schedules Long-term liability activity for the year ended December 31, 2015 was as follows: Governmental Activities: Tax -Increment Bonds, Series 2010A Tax -Increment Bonds, Series 2010B Deferred amounts: Issuance premium Compensated absences Total Governmental Activities Long-term Liabilities Business -type Activities: Compensated absences Total Business -type Activities Long-term Liabilities Beginning Ending Due Within Balance Additions Reductions Balance One Year $ 2,040,000 $ - $ (490,000) $ 1,550,000 $ 500,000 8,270,000 - - 8,270,000 - 18,488 - (7,288) 11,200 - 1,414,788 2,872 - 1,417,660 567,064 $ 11,743,276 $ 2,872 $ (497,288) $ 11,248,860 $ 1,067,064 66,350 - (3,706) 62,644 18,793 $ 66,350 $ - $ (3,706) $ 62,644 $ 18,793 D22 June 21, 2016 - Page 325 of 52! IV. Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) Detailed Notes on all Funds (continued) J. Long-term Liabilities - Activity and Debt Service Schedules (continued) Debt service requirements at December 31, 2015 were as follows: General obligation bonds issued for governmental activity purposes are liquidated by the Debt Service Fund, whereas general obligation bonds issued for component unit purposes are liquidated by the component unit. K. Fund Balance Disclosures The Town classifies governmental fund balances as follows: Non -spendable — includes fund balance amounts inherently non -spendable since they represent inventories, prepaid items, and long-term portions of loans receivable. Spendable Fund Balance: Restricted — includes fund balance amounts that are constrained for specific purposes which are externally imposed by providers, such as creditors, or amounts constrained due to constitutional provisions or enabling legislation. Committed — includes fund balance amounts that are constrained for specific purposes that are internally imposed by the government through formal action of the highest level of decision making authority, which is the Town Council. The Town's original budget legislation begins with combining historical data, assessment of needs for the upcoming year and the Town's platform to review, and/or make changes to each department's budget. The budget is formally presented to the Town Council via an advertised public process for review, revisions and final approval by year-end. All subsequent budget requests made during the year, after Town Council approval, must be presented via a public process and again approved by Town Council. Assigned — includes spendable fund balance amounts that are intended to be used for specific purposes that are neither considered restricted nor committed. Fund balance may be assigned by Town Council or its management designees. D23 June 21, 2016 - Page 326 of 52! Principal Interest Total Governmental Activities: 2016 500,000 564,928 1,064,928 2017 515,000 547,753 1,062,753 2018 535,000 526,753 1,061,753 2019 555,000 501,432 1,056,432 2020 575,000 471,662 1,046,662 2021-2025 3,210,000 1,810,703 5,020,703 2026-2030 3,930,000 676,887 4,606,887 Total Governmental Activities $ 9,820,000 5,100,118 14,920,118 General obligation bonds issued for governmental activity purposes are liquidated by the Debt Service Fund, whereas general obligation bonds issued for component unit purposes are liquidated by the component unit. K. Fund Balance Disclosures The Town classifies governmental fund balances as follows: Non -spendable — includes fund balance amounts inherently non -spendable since they represent inventories, prepaid items, and long-term portions of loans receivable. Spendable Fund Balance: Restricted — includes fund balance amounts that are constrained for specific purposes which are externally imposed by providers, such as creditors, or amounts constrained due to constitutional provisions or enabling legislation. Committed — includes fund balance amounts that are constrained for specific purposes that are internally imposed by the government through formal action of the highest level of decision making authority, which is the Town Council. The Town's original budget legislation begins with combining historical data, assessment of needs for the upcoming year and the Town's platform to review, and/or make changes to each department's budget. The budget is formally presented to the Town Council via an advertised public process for review, revisions and final approval by year-end. All subsequent budget requests made during the year, after Town Council approval, must be presented via a public process and again approved by Town Council. Assigned — includes spendable fund balance amounts that are intended to be used for specific purposes that are neither considered restricted nor committed. Fund balance may be assigned by Town Council or its management designees. D23 June 21, 2016 - Page 326 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) IV. Detailed Notes on all Funds (continued) K. Fund Balance Disclosures (continued) Unassigned — includes residual positive fund balance within the General Fund, which has not been classified within the other above mentioned categories. Unassigned fund balance may also include negative balances for any governmental fund if expenditures exceed amounts restricted, committed, or assigned for those specific purposes. The Town's restricted amounts are to be spent first when both restricted and unrestricted fund balance is available unless there are legal documents or contracts that prohibit this, such as grant agreements that require dollar for dollar spending. Additionally, the Town would first use committed, then assigned, and lastly unassigned amounts when expenditures are made. The Town has a minimum fund balance policy of 25% of annual General Fund revenues. V. Other Information A. Pension Plans The Town offers two defined contribution pension plans to cover all permanent paid employees of the Town. The Town established these qualified money purchase pension plans under Internal Revenue Code section 401(a), and may amend all of the plan provisions. The first plan covers all full time and qualified seasonal employees other than sworn police officers and firefighters; the second plan covers all full time and qualified seasonal employees of the Town's Police and Fire departments. The plan provisions are the same for both plans. In defined contribution plans, benefits depend solely on amounts contributed to the plans plus investment earnings. Employees are eligible to participate in the plans from the date of employment or the effective date of the plans, January 1, 1983, whichever is later. The plans provide for contributions to be made by the Town of 12.6% of regular compensation for the first year of employment and 17.6% thereafter. For employees hired after April 1, 1986, the Town's contribution is 11.15% of regular compensation for the first year, and 16.15% thereafter. Employees have the option to make voluntary contributions of up to 10% of their compensation. In the event of continued long-term disability of an employee, the Town's disability insurance will continue to make contributions to the plan for the employee through age 60 at the rate on the date of disability. For employees hired before July 1, 1986, vesting of the Town's contributions is 77.5% after the first year of employment with an additional vesting of 7.5% per year through the fourth year, when vesting is 100%. For employees hired after June 30, 1986, vesting of the Town's contributions to the employees is 20% after the first year of employment with additional vesting of 20% per year through the fifth year, when vesting is 100%. If an employee dies, becomes disabled, or attains the age of 60, their entire interest in the plans becomes vested; normal retirement age is 60 with early retirement at age 50 and four years of service. D24 June 21, 2016 - Page 327 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) V. Other Information (continued) A. Pension Plans (continued) In 1991, the Town established a defined contribution pension plan for seasonal employees who work for the Town longer than 6 weeks. Seasonal employees are required to contribute 6% of regular compensation to the plan and the Town contributes 1.5%. Seasonal employees are 100% vested after their first contribution. Employees covered under the regular and seasonal pension plans do not participate in the Social Security system. The annual pension cost is the Town's contributions less forfeitures from the prior year. The plans' invested assets at December 31, 2015 of $55,846,656 are stated at market value. All earnings, losses, expenses and changes in the fair market value of the trust fund will be apportioned at least annually among the participants in proportion to each participant's current share of the Trust Investment Fund. The Town has no liability for unfunded future vested employee benefits. The trustees and administrators of the plans are the Retirement Board. The Retirement Board determines investment options made available to participants, in adherence with an adopted investment policy statement. The total amount of the Town's 2015 covered payroll was $15,274,430 of which $13,267,429 was for permanent employees and $1,797,533 was for seasonal staff. Total 2015 payroll for all Town employees was $18,612,856. B. Retirement Savings Plan — Deferred Compensation Plan — IRC 457 The Town offers its employees a deferred compensation plan (the "457 Plan") created in accordance with Internal Revenue Code section 457. The 457 Plan, available to all Town employees, permits them to defer a portion of their salary until future years. The deferred compensation is not available to employees until termination, retirement, death, or unforeseeable emergency. All amounts of compensation deferred under the 457 Plan, all property and rights purchased with those amounts, and all income attributable to those amounts, property, or rights are to be held in trust for the exclusive benefit of the 457 Plan participants and their beneficiaries. The modified accrual basis of accounting is used for the 457 Plan. The trustees and administrators of the 457 Plan are the Retirement Board, which comprises members of the Town's administration. The Retirement Board determines investment options made available to participants, in adherence to an adopted investment policy statement. The Town has no liability for losses under the 457 Plan but does have the duty of due care that would be required of an ordinary prudent investor. D25 June 21, 2016 - Page 328 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) V. Other Information (continued) B. Retirement Savings Plan — Deferred Compensation Plan — IRC 457 (continued) The total assets of the 457 Plan were $13,295,173 at December 31, 2015. The assets were invested in mutual funds, as previously described. Pursuant to the Town's adoption of GASB Statement No. 32, Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation Plans, the 457 Plan has been included in these financial statements as an expendable trust fund. C. Cafeteria Plan The Town offers a cafeteria compensation plan organized under section 125 of the Internal Revenue Code, which includes dependent care and health expense reimbursement. No cost to the Town is recognized as the plan is a salary reduction plan. D. Risk Management The Town is exposed to various risks of loss related to workers compensation, general liability, unemployment, torts, theft of, damage to, and destruction of assets, and errors and omissions. The Town carries commercial coverage for these risks and claims and does not expect claims to exceed their coverage. E. Commitments and Contingencies Legal Claims During the normal course of business, the Town may incur claims and other assertions against it from various agencies and individuals. Management of the Town and their legal representatives feel none of these claims or assertions are significant enough that they would materially affect the fairness of the presentation of the financial statements at December 31, 2015. 2. Federal Funds Funds received from Federal grants and programs are subject to audit and disallowance on ineligible costs. Management of the Town feels any potential questioned or disallowed costs would not materially affect the fairness of the presentation of the financial statements at December 31, 2015. F. Conduit Debt — Town of Vail, Colorado Multifamily Housing Revenue Bonds (Middle Creek Village Apartments Project), Series 2003A, 2003B and 2003-T These bonds were issued in 2003 in an aggregate principal amount of $16,850,000 to finance construction of multi -family housing projects within the Town. The bonds mature in 2038. The bonds are solely payable from, and are secured by, a pledge of revenue from loan agreements between the Town and Middle Creek Village, LLC (as borrower). The borrower's obligation is secured by Deeds of Trust, Security Agreements, Financing Statements and assignment of rents and leases. The bonds are a special limited obligation of the Town, payable solely from the specified revenues of the projects, and do not constitute debt or indebtedness of the Town. D26 June 21, 2016 - Page 329 of 52! Town of Vail, Colorado Notes to the Financial Statements December 31, 2015 (Continued) VI. Prior Period Adjustment The Town's December 31, 2015 financial statements reflect a $1,061,385 restatement of beginning government -wide net position for governmental activities and a corresponding reduction in opening 2015 governmental capital assets to expense certain infrastructure constructed under a joint agreement with Colorado Department of Transportation that was previously capitalized. D27 June 21, 2016 - Page 330 of 52! REQUIRED SUPPLEMENTARY INFORMATION June 21, 2016 - Page 331 of Town of Vail, Colorado General Fund Schedule of Revenues, Expenditures and Changes in Fund Balances Budget (GAAP Basis) and Actual For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 Revenues: Taxes: General sales taxes Property and ownership taxes Ski area lift ticket admissions tax Franchise tax Penalties and interest on delinquent taxes Total - Taxes Permits and Licenses: Construction fees Contractors' licenses Other permits and licenses Total - Permits and Licenses Intergovernmental: County sales tax County road and bridge Additional motor vehicle registration fees Cigarette tax Highway users tax State health inspection Other county sources Other state sources Federal sources Total - Intergovernmental Charges for Services: Management fees - Vail Local Marketing District Internal service charge Out of district fire response Alarm monitoring fees Parking Fines and forfeitures Rents Other charges, services, and sales Total - Charges for Services Other Revenues: Earnings on investments Miscellaneous Total - Other Revenues Total Revenues The accompanying notes are an integral part of these financial statements. E1 June 21, 2016 - Page 332 of 52! 2015 2014 Final Budget Variance Original Final Positive Budget Budget Actual (Negative) Actual 15,181,000 15,181,000 15,181,000 - 14,322,000 4,301,000 4,301,000 4,389,241 88,241 4,358,411 4,418,700 4,418,700 4,763,956 345,256 4,351,624 1,123,750 1,123,750 1,083,666 (40,084) 1,090,110 35,029 35,029 24,800 (10,229) 31,345 25,059,479 25,059,479 25,442,663 383,184 24,153,490 750,000 750,000 1,011,418 261,418 1,664,526 35,000 35,000 52,150 17,150 64,100 753,267 753,267 1,011,016 257,749 1,018,862 1,538,267 1,538,267 2,074,584 536,317 2,747,488 783,552 783,552 830,849 47,297 777,919 734,400 734,400 732,823 (1,577) 733,197 24,000 24,000 26,665 2,665 28,851 74,000 74,000 74,343 343 74,557 211,000 211,000 221,666 10,666 215,067 8,240 8,240 - (8,240) - - - 87,500 87,500 - 114,462 149,240 34,778 170,880 - - 3,725 3,725 9,765 1,835,192 1,949,654 2,126,811 177,157 2,010,236 105,000 105,000 112,000 7,000 105,000 431,525 457,525 522,152 64,627 516,140 50,000 50,000 64,079 14,079 89,659 27,540 27,540 23,215 (4,325) 23,611 4,023,264 4,023,264 4,948,993 925,729 4,528,137 263,404 263,404 262,021 (1,383) 207,723 903,087 908,846 1,041,374 132,528 1,044,463 293,747 293,747 296,151 2,404 228,120 6,097,567 6,129,326 7,269,985 1,140,659 6,742,853 108,236 108,236 146,627 38,391 158,769 283,000 306,880 216,914 (89,966) 215,122 391,236 415,116 363,541 (51,575) 373,891 34,921,741 35,091,842 37,277,584 2,185,742 36,027,958 The accompanying notes are an integral part of these financial statements. E1 June 21, 2016 - Page 332 of 52! Town of Vail, Colorado General Fund Schedule of Revenues, Expenditures and Changes in Fund Balances Budget (GAAP Basis) and Actual For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 (Continued) Expenditures: General Government: Town officials Administrative Community development Total - General Government Public Safety: Police department Fire department Total - Public Safety Public Works and Transportation: Highways and streets Transportation Parking operations Facility maintenance Total - Public Works and Transportation Culture and Recreation: Special recreation facilities Library Total - Culture and Recreation Economic Development: Contributions, marketing and special events Total - Economic Development 2,973,194 2,965,430 2,902,815 62,615 2,973,194 2,965,430 2,902,815 62,615 Total Expenditures 2015 35,848,681 33,346,880 2014 Excess (Deficiency) of Revenues Final Budget Over Expenditures (595,890) (756,839) Variance 4,687,543 Original Final Positive Budget Budget Actual (Negative) Actual Transfers out (22,338) (22,338) (22,338) 1,803,487 1,717,270 1,458,980 258,290 1,322,795 4,480,678 4,492,059 3,997,104 494,955 3,840,106 1,756,771 1,662,846 1,415,208 247,638 1,483,247 8,040,936 7,872,175 6,871,292 1,000,883 6,646,148 5,727,034 5,752,056 5,509,616 242,440 5,256,401 3,966,997 4,107,197 3,724,062 383,135 3,626,938 9,694,031 9,859,253 9,233,678 625,575 8,883,339 4,139,647 4,258,672 3,953,846 304,826 4,042,455 4,515,617 4,666,617 4,586,184 80,433 4,330,585 1,329,719 1,375,047 1,205,219 169,828 1,077,971 3,671,422 3,688,422 3,478,894 209,528 3,464,011 13,656,405 13,988,758 13,224,143 764,615 12,915,022 275,800 275,800 289,398 (13,598) 276,832 877,265 887,265 825,554 61,711 829,319 1,153,065 1,163,065 1,114,952 48,113 1,106,151 2,973,194 2,965,430 2,902,815 62,615 2,973,194 2,965,430 2,902,815 62,615 Total Expenditures 35,517,631 35,848,681 33,346,880 2,501,801 Excess (Deficiency) of Revenues Over Expenditures (595,890) (756,839) 3,930,704 4,687,543 Other Financing Sources (Uses): Sale of Assets 26,920 26,920 Transfers out (22,338) (22,338) (22,338) - Total Other Financing Sources (Uses) (22,338) (22,338) 4,582 26,920 Net Change in Fund Balances (618,228) (779,177) 3,935,286 4,714,463 Fund Balances - January 1 16,689,333 19,687,223 19,687,223 - Fund Balances - December 31 16,071,105 18,908,046 23,622,509 4,714,463 The accompanying notes are an integral part of these financial statements. E2 3,192, 048 3,192, 048 32,742,708 3,285,250 3,285,250 16,401,973 19,687,223 June 21, 2016 - Page 333 of 52! Town of Vail, Colorado Special Revenue Funds Real Estate Transfer Tax Fund Schedule of Revenues, Expenditures and Changes in Fund Balances Budget (GAAP Basis) and Actual For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 Expenditures: Culture and Recreation: Project management 283,500 2015 352,648 (43,148) 2014 Park maintenance 1,603,001 1,603,001 1,353,813 Final Budget 1,182,186 Environmental sustainability 321,586 565,079 398,866 Variance 308,197 Art in public places Original Final 108,309 Positive 96,568 Total - Culture and Recreation Budget Budget Actual (Negative) Actual Revenues: Taxes: 3,292,043 20,578,949 7,887,938 12,691,011 6,304,130 Real estate transfer tax 5,670,000 6,190,000 6,965,617 775,617 6,849,449 Intergovernmental Revenue: 225,000 225,000 198,913 26,087 198,322 Lottery revenue 20,000 20,000 25,445 5,445 25,395 Other State revenue - - - 99,999 Total - Intergovernmental Revenue 20,000 20,000 25,445 5,445 125,394 Charges for Services: Recreation amenities fee 10,000 10,000 23,105 13,105 338,341 Land lease to Vail Recreation District 134,654 134,654 130,202 (4,452) 128,913 Total - Charges for Services 144,654 144,654 153,307 8,653 467,254 Other: 3,376,676 16,282,049 16,282,049 - 16,848,758 Project reimbursements - 961,323 1,213,803 252,480 226,868 Donations - 1,000 4,500 3,500 32,550 Interest on investments 28,596 28,596 81,695 53,099 147,973 Other - 5,000 25,733 20,733 15,678 Total - Other 28,596 995,919 1,325,731 329,812 423,069 Total Revenues 5,863,250 7,350,573 8,470,100 1,119,527 7,865,166 Expenditures: Culture and Recreation: Project management 283,500 309,500 352,648 (43,148) 342,472 Park maintenance 1,603,001 1,603,001 1,353,813 249,188 1,182,186 Environmental sustainability 321,586 565,079 398,866 166,213 308,197 Art in public places 100,248 105,248 108,309 (3,061) 96,568 Total - Culture and Recreation 2,308,335 2,582,828 2,213,636 369,192 1,929,423 Public Works: Capital projects 3,292,043 20,578,949 7,887,938 12,691,011 6,304,130 Public Safety Fire suppression 225,000 225,000 198,913 26,087 198,322 Total Expenditures 5,825,378 23,386,777 10,300,487 13,086,290 8,431,875 Excess (Deficiency) of Revenues Over Expenditures 37,872 (16,036,204) (1,830,387) 14,205,817 (566,709) Other Financing Sources (Uses): Transfers in - 3,641,831 3,345,857 (295,974) Total Other Financing Sources (Uses) - 3,641,831 3,345,857 (295,974) Net Change in Fund Balances 37,872 (12,394,373) 1,515,470 13,909,843 (566,709) Fund Balances - January 1 3,376,676 16,282,049 16,282,049 - 16,848,758 Fund Balances - December 31 3,414,548 3,887,676 17,797,519 13,909,843 16,282,049 The accompanying notes are an integral part of these financial statements. E3 June 21, 2016 - Page 334 of 52! Town of Vail, Colorado Special Revenue Funds Conference Center Fund Schedule of Revenues, Expenditures and Changes in Fund Balances Budget (GAAP Basis) and Actual For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2015 2015 2014 The accompanying notes are an integral part of these financial statements. E4 June 21, 2016 - Page 335 of 52! Final Budget Variance Original Final Positive Budget Budget Actual (Negative) Actual Revenues: Interest on investments 1,200 11,200 9,891 (1,309) 19,463 Total Revenues 1,200 11,200 9,891 (1,309) 19,463 Expenditures: Economic Development Capital outlay - - - - Total Expenditures - - - - Excess (Deficiency) of Revenues Over Expenditures 1,200 11,200 9,891 (1,309) 19,463 Other Financing Sources (Uses): Transfers (out) - (1,973,553) (1,972,244) 1,309 Total Other Financing Sources (Uses) - (1,973,553) (1,972,244) 1,309 - Net Change in Fund Balances 1,200 (1,962,353) (1,962,353) - 19,463 Fund Balances - January 1 107,772 1,962,353 1,962,353 1,942,890 Fund Balances - December 31 108,972 - - 1,962,353 The accompanying notes are an integral part of these financial statements. E4 June 21, 2016 - Page 335 of 52! Town of Vail, Colorado Special Revenue Funds Vail Marketing Fund Schedule of Revenues, Expenditures and Changes in Fund Balances Budget (GAAP Basis) and Actual For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 Revenues: Permits and Licenses: Business licenses Other: Interest on investments Total Revenues Expenditures: Economic Development: Commission on Special Events Administration fee Total Expenditures Excess (Deficiency) of Revenues Over Expenditures Fund Balances - January 1 Fund Balances - December 31 2015 2014 Original Variance and Final Positive Budget Actual (Negative) Actual 332,000 320,899 (11,101) 324,776 1,500 1,652 152 2,369 333,500 322,551 (10,949) 327,145 300,000 300,000 - 300,000 17,100 16,045 1,055 16,239 317,100 316,045 1,055 316,239 16,400 6,506 (9,894) 10,906 202,251 196,757 (5,494) 185,851 218,651 203,263( 15,388) 196,757 The accompanying notes are an integral part of these financial statements. E5 June 21, 2016 - Page 336 of 52! Town of Vail, Colorado Special Revenue Funds Vail Local Marketing District Schedule of Revenues, Expenditures and Changes in Fund Balances Budget (GAAP Basis) and Actual For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 Revenues: Taxes: Lodging tax Other: Interest on investments Total Revenues Expenditures: Economic Development: Destination Front Range Groups and meetings Marketing Special Events Purchased services Total Expenditures Excess (Deficiency) of Revenues Over Expenditures Fund Balances - January 1 Fund Balances - December 31 2015 2014 Final Budget Variance Original Final Positive Budget Budget Actual (Negative) Actual 2,900,000 2,900,000 3,228,044 328,044 2,796,770 2,000 2,000 515 (1,485) 636 2,902,000 2,902,000 3,228,559 326,559 2,797,406 1,079,500 1,393,300 1,290,524 102,776 876,285 250,000 245,900 284,052 (38,152) 412,736 580,000 605,000 550,636 54,364 512,921 352,000 352,500 334,308 18,192 421,545 120,000 137,500 32,500 105,000 132,500 518,500 533,300 545,934 (12,634) 493,347 2,900,000 3,267,500 3,037,954 229,546 2,849,334 2,000 (365,500) 190,605 556,105 (51,928) 1,052,545 1,361,593 1,361,593 - 1,413,521 1,054,545 996,093 1,552,198 556,105 1,361,593 The accompanying notes are an integral part of these financial statements. E6 June 21, 2016 - Page 337 of 52! Town of Vail, Colorado Special Revenue Funds Vail Reinvestment Authority Schedule of Revenues, Expenditures and Changes in Fund Balances Budget (GAAP Basis) and Actual For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 Expenditures: Economic Development: Administration 63,760 2015 67,168 (2,408) 2014 Fiscal agent fees 2,200 2,200 2,420 Final Budget 2,200 Treasurer's fees 109,080 110,680 115,120 Variance 113,258 Professional fees Original Final 11,623 Positive 5,436 Vail Square Metro District Budget Budget Actual (Negative) Actual Revenues: 634,600 622,200 660,879 (38,679) 643,134 Taxes: Property tax 3,636,000 3,686,500 3,837,261 150,761 3,662,130 Other: 577,928 577,928 577,928 591,178 Interest on investments 36,632 1,632 937 (695) 1,219 Interest Subsidy (Build America Bonds) 173,343 173,343 167,896 (5,447) 167,524 Total Revenues 3,845,975 3,861,475 4,006,094 144,619 3,830,873 Expenditures: Economic Development: Administration 63,760 64,760 67,168 (2,408) 65,283 Fiscal agent fees 2,200 2,200 2,420 (220) 2,200 Treasurer's fees 109,080 110,680 115,120 (4,440) 113,258 Professional fees 25,000 10,000 11,623 (1,623) 5,436 Vail Square Metro District 434,560 434,560 464,548 (29,988) 456,957 Total Economic Development: 634,600 622,200 660,879 (38,679) 643,134 Debt Service: Principal 490,000 490,000 490,000 475,000 Interest 577,928 577,928 577,928 591,178 Total Debt Service: 1,067,928 1,067,928 1,067,928 1,066,178 Total Expenditures 1,702,528 1,690,128 1,728,807 (38,679) 1,709,312 Excess (Deficiency) of Revenues Over Expenditures 2,143,447 2,171,347 2,277,287 105,940 2,121,561 Other Financing Sources (Uses): Transfers out (4,050,000) (3,937,200) (2,757,636) 1,179,564 (3,049,280) Total Other Financing Sources (Uses) (4,050,000) (3,937,200) (2,757,636) 1,179,564 (3,049,280) Net Change in Fund Balances (1,906,553) (1,765,853) (480,349) 1,285,504 (927,719) Fund Balances - January 1 4,734,549 5,924,250 5,924,250 - 6,851,969 Fund Balances - December 31 2,827,996 4,158,397 5,443,901 1,285,504 5,924,250 The accompanying notes are an integral part of these financial statements. E7 June 21, 2016 - Page 338 of 52! SUPPLEMENTARY INFORMATION June 21, 2016 - Page 339 of Town of Vail, Colorado Capital Projects Fund Schedule of Revenues, Expenditures and Changes in Fund Balances Budget (GAAP Basis) and Actual For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 The accompanying notes are an integral part of these financial statements. F1 June 21, 2016 - Page 340 of 52! 2015 2014 Final Budget Variance Original Final Positive Budget Budget Actual (Negative) Actual Revenues: Taxes: Sales tax 9,305,000 9,305,000 10,403,929 1,098,929 9,799,940 Construction use tax 1,800,000 1,800,000 2,220,168 420,168 1,803,853 Total - Taxes 11,105,000 11,105,000 12,624,097 1,519,097 11,603,793 Intergovernmental: State grants 356,000 760,039 451,276 (308,763) 327,261 Federal grants 240,000 358,752 - (358,752) 121,248 Total - Intergovernmental 596,000 1,118,791 451,276 (667,515) 448,509 Charges for Services: Leases - Vail Commons 197,295 197,295 197,295 - 197,295 Resale fees - - 33,769 33,769 12,024 Total - Charges for Services 197,295 197,295 231,064 33,769 209,319 Other: Interest on investments 598,120 598,120 262,689 (335,431) 300,661 Project reimbursements/shared costs - 98,788 146,343 47,555 290,671 Construction fees - 1,916,086 1,916,086 417,665 Workforce housing sales and other - 1,662 1,662 1,450 Total - Other 598,120 696,908 2,326,780 1,629,872 1,010,447 Total Revenues 12,496,415 13,117,994 15,633,217 2,515,223 13,272,068 Expenditures: Public Works: Capital projects and acquisition 11,278,260 15,312,591 6,884,292 8,428,299 11,756,926 Excess (Deficiency) of Revenues Over Expenditures 1,218,155 (2,194,597) 8,748,925 10,943,522 1,515,142 Other Financing Sources (Uses): Sale of assets - 1,050 - (1,050) 37,516 Transfers in 4,050,000 2,268,922 1,384,023 (884,899) 3,087,391 Net Change in Fund Balances 5,268,155 75,375 10,132,948 10,057,573 4,640,049 Fund Balances - January 1 15,314,050 20,855,316 30,409,349 9,554,033 25,769,300 Fund Balances - December 31 20,582,205 20,930,691 40,542,297 19,611,606 30,409,349 The accompanying notes are an integral part of these financial statements. F1 June 21, 2016 - Page 340 of 52! Town of Vail, Colorado Debt Service Fund Schedule of Revenues, Expenditures and Changes in Fund Balances Budget (GAAP Basis) and Actual For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 2015 2014 Original Variance and Final Positive Budget Actual (Negative) Actual Revenues: Other: Interest on investments Total Revenues Expenditures: Debt Service: Principal Interest Fiscal agent fees Total Expenditures Excess (Deficiency) of Revenues Over Expenditures Other Financing Sources: Transfers out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances - January 1 Fund Balances - December 31 The accompanying notes are an integral part of these financial statements. F2 (21,311) (21,311) (21,311) 21,311 June 21, 2016 - Page 341 of 52! Town of Vail, Colorado Enterprise Fund Timber Ridge Fund Schedule of Revenues, Expenses, and Changes in Net Position Budget (Non -GAAP Basis) and Actual with Reconciliation to GAAP Basis For the Year Ended December 31, 2015 Reconciliation to GAAP Basis: Adjustments: Loan principal repayment to Capital Projects Fund 351,155 2015 Depreciation 2014 (378,840) Net book value of disposed assets - (5,249,646) Final Budget 172,697 941,034 Total Adjustments 205,183 (4,341,486) Variance 367,088 1,756,468 Original Final Positive Budget Budget Actual (Negative) Actual Operating Revenues: Rent 1,182,948 1,249,098 1,243,719 (5,379) 1,341,308 Ground lease - - 155,149 155,149 38,787 Other 11,900 11,900 12,631 731 5,136 Total Operating Revenues 1,194,848 1,260,998 1,411,499 150,501 1,385,231 Operating Expenses: Operating expenses 589,697 544,697 588,145 (43,448) 627,977 Capital outlay 100,000 369,944 172,697 197,247 941,034 Total Operating Expenses 689,697 914,641 760,842 153,799 1,569,011 Operating Income (Loss) 505,151 346,357 650,657 304,300 (183,780) Non-operating Revenues (Expenses): Interest on investments 1,560 1,560 887 (673) 1,812 Interest expense (138,487) (138,487) (138,484) 3 (143,743) Loan principal repayment to Capital Projects Fund (351,155) (351,155) (351,155) - (345,966) Total Non-operating Revenue (Expenses) (488,082) (488,082) (488,752) (670) (487,897) Income (Loss) Before Transfers 17,069 (141,725) 161,905 303,630 (671,677) Transfers In - 6,769,631 Change in Net Position - Budget Basis 17,069 (141,725) 161,905 303,630 6,097,954 Reconciliation to GAAP Basis: Adjustments: Loan principal repayment to Capital Projects Fund 351,155 345,966 Depreciation (318,669) (378,840) Net book value of disposed assets - (5,249,646) Capitalized assets 172,697 941,034 Total Adjustments 205,183 (4,341,486) Change in Net Position - GAAP Basis 367,088 1,756,468 The accompanying notes are an integral part of these financial statements. F3 June 21, 2016 - Page 342 of 52! Town of Vail, Colorado Enterprise Fund Dispatch Services Fund Schedule of Revenues, Expenses, and Changes in Net Position Budget (Non -GAAP Basis) and Actual with Reconciliation to GAAP Basis For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 Adjustments: Change in compensated absences 3,706 (88) Depreciation (174,775) (204,333) Capitalized assets 2,925 Total Adjustments (171,069) (201,496) Change in Net Position - GAAP Basis (94,343) (108,438) The accompanying notes are an integral part of these financial statements. F4 June 21, 2016 - Page 343 of 52! 2015 2014 Final Budget Variance Original Final Positive Budget Budget Actual (Negative) Actual Operating Revenues: Charges and Fees: Dispatch service fee 630,588 630,588 630,588 - 590,961 Dispatching contracts 1,099,174 1,099,174 1,098,629 (545) 1,105,027 Other charges - 10,000 392 (9,608) 624 Total Operating Revenues 1,729,762 1,739,762 1,729,609 (10,153) 1,696,612 Operating Expenses: Public Safety: Salaries and benefits 2,039,932 2,049,932 2,013,938 35,994 2,009,205 Operating expenses 489,164 489,164 461,165 27,999 409,567 Capital outlay - - - - 2,925 Total Operating Expenses 2,529,096 2,539,096 2,475,103 63,993 2,421,697 Operating (Loss) - Budget Basis (799,334) (799,334) (745,494) 53,840 (725,085) Non-operating Revenues: Operating grant - E-911 Board 797,382 797,382 797,382 - 826,333 Earnings on investments 2,500 2,500 2,500 8,610 Total Non-operating Revenues 799,882 799,882 799,882 - 834,943 Income (Loss) Before Transfers 548 548 54,388 53,840 109,858 Transfers In 22,338 22,338 22,338 - - Transfers Out - - (16,800) Change in Net Position - Budget Basis 22,886 22,886 76,726 53,840 93,058 Adjustments: Change in compensated absences 3,706 (88) Depreciation (174,775) (204,333) Capitalized assets 2,925 Total Adjustments (171,069) (201,496) Change in Net Position - GAAP Basis (94,343) (108,438) The accompanying notes are an integral part of these financial statements. F4 June 21, 2016 - Page 343 of 52! Town of Vail, Colorado Internal Service Funds Heavy Equipment Fund Schedule of Revenues, Expenses, and Changes in Net Position Budget (Non -GAAP Basis) and Actual with Reconciliation to GAAP Basis For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 Operating Revenues: Charges and Fees: Operating charges Replacement charges Total - Charges and Fees Other: Insurance reimbursements Other Total - Other Total Operating Revenues Operating Expenses: Public Works: Vehicle maintenance and fuel Capital outlay Total Operating Expenses Operating Income (Loss) - Budget Basis Non-operating Revenues: Earnings on investments Proceeds from sale of assets Total Non-operating Revenues Change in Net Position - Budget Basis Reconciliation to GAAP Basis: Adjustments: Net book value of disposed assets Depreciation Change in accrued compensated absences Capitalized assets Total Adjustments Change in Net Position - GAAP Basis 236,570 (16,090) The accompanying notes are an integral part of these financial statements. F5 June 21, 2016 - Page 344 of 52! 2015 2014 Final Budget Variance Original Final Positive Budget Budget Actual (Negative) Actual 2,431,488 2,431,488 2,401,856 (29,632) 2,366,439 579,864 579,864 607,694 27,830 601,043 3,011,352 3,011,352 3,009,550 (1,802) 2,967,482 - 7,693 7,693 27,910 19,005 19,005 31,400 - 26,698 26,698 59,310 3,011,352 3,011,352 3,036,248 24,896 3,026,792 2,461,946 2,461,946 2,200,423 261,523 2,443,060 839,700 1,255,654 1,066,709 188,945 734,910 3,301,646 3,717,600 3,267,132 450,468 3,177,970 (290,294) (706,248) (230,884) 475,364 (151,178) 14,650 14,650 9,368 (5,282) 14,146 148,270 148,270 160,306 12,036 60,034 162,920 162,920 169,674 6,754 74,180 (127,374) (543,328) (61,210) 482,118 (76,998) (7,119) (3,303) (762,869) (656,744) 1,059 (13,955) 1,066,709 734,910 297,780 60,908 236,570 (16,090) The accompanying notes are an integral part of these financial statements. F5 June 21, 2016 - Page 344 of 52! Town of Vail, Colorado Internal Service Funds Health Insurance Fund Schedule of Revenues, Expenses, and Changes in Net Position Budget (GAAP Basis) and Actual For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 2015 2014 Original Variance and Final Positive Budget Actual (Negative) Actual Operating Revenues: Charges and Fees: Insurance premiums 3,850,000 3,100,000 (750,000) 3,150,000 Insurance premiums - Employee contributions 695,000 675,505 (19,495) 586,472 Insurer proceeds - 4,449 4,449 714,932 Total Operating Revenues 4,545,000 3,779,954 (765,046) 4,451,404 Operating Expenses: General Government: Health claims 3,750,000 2,208,954 1,541,046 2,655,106 Premiums 640,000 617,693 22,307 562,643 Administrative fees 55,000 38,320 16,680 44,759 Total Operating Expenses 4,445,000 2,864,967 1,580,033 3,262,508 Operating Income (Loss) 100,000 914,987 814,987 1,188,896 Non-operating Revenues: Earnings on investments 10,000 15,201 5,201 20,224 Change in Net Position 110,000 930,188 820,188 1,209,120 The accompanying notes are an integral part of these financial statements. F6 June 21, 2016 - Page 345 of 52! Town of Vail, Colorado Internal Service Funds Combining Statement of Net Position December 31, 2015 Heavy Health Equipment Insurance Assets: Current Assets: Equity in pooled cash and investments 2,063,892 3,398,919 5,462,811 Accounts receivable, net of allowance for uncollectibles 133 107,511 107,644 Inventory 262,428 262,428 Total Current Assets 2,326,453 3,506,430 5,832,883 Non-current Assets: Property, plant, and equipment, net of accumulated depreciation 3,828,053 - 3,828,053 Total Assets 6,154,506 3,506,430 9,660,936 Liabilities: Current Liabilities: Accounts payable 241,575 235,100 476,675 Accrued salaries and wages 37,756 - 37,756 Current portion of compensated absences 16,017 - 16,017 Unearned revenue - 5,368 5,368 Total Current Liabilities 295,348 240,468 535,816 Non-current Liabilities: Compensated absences, net of current portion 37,372 - 37,372 Total Liabilities 332,720 240,468 573,188 Net Position: Invested in capital assets, net of related debt 3,828,053 - 3,828,053 Unrestricted 1,993,733 3,265,962 5,259,695 Total Net Position 5,821,786 3,265,962 9,087,748 The accompanying notes are an integral part of these financial statements. F7 June 21, 2016 - Page 346 of 52! Town of Vail, Colorado Internal Service Funds Combining Statement of Revenues, Expenses and Changes in Fund Net Position For the Year Ended December 31, 2015 Operating Revenues: Charges for services - Internal Charges for services - External Insurance reimbursements Other Total Operating Revenues Operating Expenses: Operations Health claims and premiums Depreciation Total Operating Expenses Operating Income (Loss) Non-operating Revenues (Expenses): Gain (loss) on disposal of assets Investment income Total Non-operating Revenues (Expenses) Change in Net Position Net Position -January 1 Net Position - December 31 Heavy Health Equipment Insurance 3,009,550 3,100,000 6,109,550 - 675,505 675,505 7,693 4,449 12,142 19,005 19,005 3,036,248 3,779,954 6,816,202 2,199,364 38,320 2,237,684 - 2,826,647 2,826,647 762,869 762,869 2,962,233 2,864,967 5,827,200 74,015 914,987 989,002 153,187 153,187 9,368 15,201 24,569 162,555 15,201 177,756 236,570 930,188 1,166,758 5,585,216 2,335,774 7,920,990 5,821,786 3,265,962 9,087,748 The accompanying notes are an integral part of these financial statements. F8 June 21, 2016 - Page 347 of 52! Town of Vail, Colorado Internal Service Funds Combining Statement of Cash Flows For the Year Ended December 31, 2015 Cash Flows From Operating Activities: Cash received from other funds Other cash receipts Cash paid for goods and services Cash paid to employees Net Cash Provided (Used) by Operating Activities Cash Flows From Capital and Related Financing Activities: Cash received from sale of fixed assets Acquisition and construction of capital assets Net Cash Provided (Used) by Capital and Related Financing Activities Cash Flows From Investing Activities: Interest on Investments Net Cash Provided (Used) by Investing Activities Net Change in Cash and Cash Equivalents Cash and Cash Equivalents - Beginning Cash and Cash Equivalents - Ending Reconciliation of Operating Income (Loss) to Net Cash Provided (Used) by Operating Activities: Operating income (loss) Adjustments: Depreciation (Increase) decrease in accounts receivable (Increase) decrease in inventory Increase (decrease) in accounts payable Increase (decrease) in accrued wages and benefits Increase (decrease) in unearned revenue Total Adjustments Net Cash Provided (Used) by Operating Activities Heavy Health Equipment Insurance 3,009,550 3,100,000 6,109,550 32,269 591,247 623,516 (1,002,699) (2,860,496) (3,863,195) (969,421) - (969,421) 1,069,699 830,751 1,900,450 160,305 160,305 (1,066,709) (1,066,709) (906,404) (906,404) 9,368 15,201 24,569 9,368 15,201 24,569 172,663 845,952 1,018,615 1,891,229 2,552,967 4,444,196 2,063,892 3,398,919 5,462,811 74,015 914,987 989,002 762,869 - 762,869 5,571 (88,707) (83,136) 24,663 - 24,663 194,770 (897) 193,873 7,811 - 7,811 - 5,368 5,368 995,684 (84,236) 911,448 1,069,699 830,751 1,900,450 The accompanying notes are an integral part of these financial statements. F9 June 21, 2016 - Page 348 of 52! Town of Vail, Colorado Capital Projects Fund Schedule of Project Expenditures - Budget (GAAP Basis) and Actual For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 Project Number Proiect Name CB1010 Fire Infrastructure / Main Vail Fire Stn CB1018 Info Center Remodel CB1021 Donovan Park Pavilion CEP001 Fire Truck Purchase CEP002 Hybrid Bus Battery Replacement CEP004 Replace Buses CEP005 Hardware Purchases CEP006 Radio Replacement CEP007 Phone System Upgrade CEP008 Parking Entry System CEP010 Network Upgrades CEP011 Document Imaging CEP017 Radio Tower Equipment CEP018 Web and E-commerce CEP019 Computer -Aided Dispatch (CAD/RMS) CEP022 Audio Visual CEP024 Police E -Ticketing System CEP025 Fire operations breathing apparatus CEP026 Fire Equipment CEP030 Vehicle expansion CEP031 Software Licensing CEP033 Data Centers / Computer Rooms CEP035 Comm Dev Arc/GIS System CEP036 Business Systems CEP040 Transit Center Generator CEP042 Bus Camera System CHP001 Buy -Down Program CHP007 Timber Ridge Legal / Zoning CHP008 Rational Nexus Study CHP019 Housing Market Study CHP020 Chamonix Housing Development CMT003 Bus Shelter Replacement Program CMT004 Capital Street Maintenance CMT005 Facility Capital CMT007 Parking Structure Maintenance CMT008 Muni Building Site Design CMT009 Environmental Improvements CMT010 Underground Utilities CMT012 Flood Repairs COT002 Street Light Improvement Program COT004 Fiber -Optics in Buildings COT018 Chamonix Area Plan COT022 Municipal Complex Redevelopment COT023 Covered Bridge Repairs CSCO15 CDOT Required Parking Imp CSCO16 Guest Services Enhancements CSR007 Neighborhood Road Reconstruction CSR008 Neighborhood Bridges VRA002 LionsHead Welcome Center - VRA Funded VRA005 East LionsHead Portal - VRA Funded VRA009 Lionshead Parking Entry VRA010 1-70 Underpass VRA011 Lionshead Medians (756) Total The accompanying notes are an integral part of these financial statements. F10 June 21, 2016 - Page 349 of 52! 2015 2014 Variance Final Positive Budget Actual (Negative) Actual 150,000 30,870 119,130 100,000 64,030 35,970 1,323,165 69,840 531 69,309 38,830 2,883 414 2,469 618,017 440,000 8,228 431,772 - 50,480 47,714 2,766 9,520 168,000 166,747 1,253 238,840 - - - 173,808 19,404 42,461 (23,057) 142,919 149,153 156,377 (7,224) 630,347 181,000 150,855 30,145 40,045 68,000 60,267 7,733 47,664 - - - 5,900 12,000 2,400 9,600 13,829 50,000 43,979 6,021 61,767 40,000 37,635 2,365 135,513 189,800 38,776 151,024 34,972 17,862 17,797 65 - 22,153 21,890 263 - - - - 321,270 60,000 56,287 3,714 46,195 - - - 14,926 15,050 15,806 (756) - 118,043 73,964 44,079 72,175 200,000 8,800 191,200 - 350,000 295,642 54,358 - 1,302,261 200,471 1,101,790 202,607 - - - 11,177 159,938 - - - 11,300 2,000,000 204,987 1,795,013 - 30,000 3,848 26,152 274 1,432,723 1,431,864 859 764,977 706,760 638,582 68,178 416,284 680,000 355,925 324,075 610,682 - - - 45,419 347,944 255,044 92,900 434,875 33,293 33,293 - - 105,436 105,436 - - 169,953 20,761 149,192 151,047 55,000 54,416 584 95,691 - - - 5,176 1,500,000 24,230 1,475,770 - 90,000 110,600 (20,600) 20 - - - 140,859 1,376,914 299,290 1,077,624 1,825,798 475,000 395,994 79,006 - 600,000 96,588 503,412 - - - - 31,848 - - - 9,339 273,047 83,339 189,708 1,891,915 1,660,592 1,228,154 432,438 970,994 - - - 7,004 15,312,591 6,884,292 8,428,299 11,756,926 The accompanying notes are an integral part of these financial statements. F10 June 21, 2016 - Page 349 of 52! Town of Vail, Colorado Special Revenue Funds Real Estate Transfer Tax Fund Schedule of Project Expenditures - Budget (GAAP Basis) and Actual For the Year Ended December 31, 2015 With Comparative Actual Amounts For the Year Ended December 31, 2014 The accompanying notes are an integral part of these financial statements. F11 June 21, 2016 - Page 350 of 52! 2015 2014 Variance Project Final Positive Number Project Name Budget Actual (Negative) Actual CCF001 Golf Clubhouse Redevelopment 9,961,347 2,102,225 7,859,122 207,282 CCF002 Ford Park Fields Redevelopment 625,275 52,878 572,397 3,552,113 RFP005 Alpine Gardens Contribution 67,000 67,000 - 65,620 RFP007 Alpine Gardens Contribution 500,000 500,000 - - RFP009 Ford Park - Improvements 1,411,122 1,368,076 43,046 52 RFP017 Ford Park Portal Improvements 250,000 - 250,000 - RFP018 Ford Park Parking Lot Slope Revegetation 100,000 78,255 21,745 - RMG008 Walking Mountains Actively Green 38,500 38,500 - 18,500 RMT001 Recreation Path Maintenance 124,029 117,158 6,871 84,755 RMT002 Tree Maintenance 65,000 55,122 9,878 58,946 RMT005 Street Furniture - Streetscape 250,020 222,987 27,033 74,980 RMT006 Eagle River Watershed Programs 63,240 39,980 23,260 37,972 RMT008 West Vail Community Garden - - - 18,500 RMT009 Park/Playground Capital Maintenance 98,500 93,719 4,781 126,614 RMT016 Ford Park / Tennis Center Improvements 96,930 - 96,930 371 RMT018 Dobson Ice Arena 124,133 4,254 119,879 144,475 RMT019 Gymnastics Center - - - 49,606 RMT022 Golf Recreation Enhancements 134,654 134,654 - RMT024 Athletic Fields 75,318 - 75,318 - RMT027 Golf Course - Other Impr 113,983 13,200 100,783 751,891 RMT028 Flood Repairs 804,543 407,086 397,457 43,252 RMT029 Glen Lyon Recreation Path Bridge 150,000 - 150,000 - RPD011 Skate park 1,668,278 1,373,614 294,664 50,534 RPDO12 Booth Creek Playground & Park 372,172 18,852 353,320 13,077 RPDO16 Donovan Park Master Plan 384,000 8,339 375,661 - RPD017 Chalet Road Sport Courts 12,600 2,370 10,230 - RP1006 Streamtract Improvements 1,000,000 219,439 780,561 84,972 RP1007 Water Quality/ Storm Water 122,219 121,795 424 327,681 RPT007 Trailhead Signs/Development 10,000 10,000 - (21) RPT010 Frontage Road Bike & Ped Paths - - 173,692 RPT011 Bike Lanes: N Frontage Rd - - 347,384 RPT019 Library Recreation Path 1,181,580 906,598 274,982 3,420 RPT020 Vail Trail 250,000 25,548 224,452 - RRT001 Public Art 444,226 - 444,226 37,282 RRT006 Public Art - Winterfest 80,280 40,943 39,337 31,180 Total 20,578,949 7,887,938 12,691,011 6,304,130 The accompanying notes are an integral part of these financial statements. F11 June 21, 2016 - Page 350 of 52! LOCAL HIGHWAY FINANCE REPORT June 21, 2016 - Page 351 of The public report burden for this information collection is estimated to averaee 380 hours annually, Financial Planning 02/01 Foran # 350-050-36 LOCAL HIGHWAY FINANCE REPORT City or County: Vail YEAR ENDING: December 2015 This Information From The Records Of Town of Vail: Prepared By: Kathleen Halloran Phone: 970-479-2116 I. DISPOSITION OF HIGHWAY -USER REVENUES AVAILABLE FOR LOCAL GOVERNMENT EXPENDITURE ITEM A. Local Motor -Fuel Taxes B. Local C. Receipts from D. Receipts from Motor -Vehicle State Highway- Federal Highway Taxes User Taxes Administration 1. Total receipts available 2. Minus amount used for collection expenses 3. Minus amount used for nonhighway purposes 4. Minus amount used for mass transit 5. Remainder used for highway purposes IL RECEIPTS FOR ROAD AND STREET PURPOSES III. DISBURSEMENTS FOR ROAD AND STREET PURPOSES ITEM AMOUNT ITEM AMOUNT A. Receipts from local sources: A. Local highway disbursements: 1. Local highway -user taxes 1. Capital outla from page 2 1,771,815 a. Motor Fuel from Item I.A.5. 2. Maintenance: 3,161,395 b. Motor Vehicle from Item I.B.5. 3. Road and street services: c. Total (a.+b.) a. Traffic control operations 357,833 2. General fund appropriations 5,986,211 b. Snow and ice removal 641,954 3. Other local imposts from page 2 963,254 c. Other 4. Miscellaneous local receipts from page 2 0 d. Total a. through c. 999,787 5. Transfers from toll facilities 4. General administration & miscellaneous 348,363 6. Proceeds of sale of bonds and notes: 5. Highway law enforcement and safety 1,292,715 a. Bonds - Original Issues 6. Total 1 through 5 7,574,075 b. Bonds - Refunding Issues B. Debt service on local obligations: c. Notes 1. Bonds: d. Total a. + b. + c. 0 a. Interest 7. Total 1 through 6 6,949,465 b. Redemption B. Private Contributions 376,279 c. Total (a.+ b. C. Receipts from State government from page 2 IF 248,331 2. Notes: a. Interest D. Receipts from Federal Government from page 2) - b. Redemption c. Total (a.+ b. E. Total receipts (A.7 + B + C + D) 7,574,075 3. Total (I.c + 2.c) C. Payments to State for highways D. Payments to toll facilities E. Total disbursements (A.6 + B.3 + C + D) 7,574,075 Show all entries atpar) Opening Debt Amount Issued Redemptions Closing Debt A. Bonds (Total) 0 1. Bonds (Refunding Portion B. Notes (Total) 0 V. LOCAL ROAD AND STREET FUND BALANCE A. Beginning Balance B. Total Receipts C. Total Disbursements D. Ending Balance E. Reconciliation 7,574,075 7,574,075 0 Notes and Comments: FORM FHWA-536 (Rev. 1-05) PREVIOUS EDITIONS OBSOLETE (Next Page) F12 June 21, 2016 - Page 352 of LOCAL HIGHWAY FINANCE REPORT STATE: Colorado YEAR ENDING (mm/yy): December 2015 II. RECEIPTS FOR ROAD AND STREET PURPOSES - DETAIL ITEM AMOUNT ITEM AMOUNT A.3. Other local imposts: A.4. Miscellaneous local receipts: a. Property Taxes and Assessments a. Interest on investments b. Other local imposts: b. Traffic Fines & Penalities 1. Sales Taxes c. Parking Garage Fees 2. Infrastructure & Impact Fees d. Parking Meter Fees 3. Liens e. Sale of Surplus Property 4. Licenses f. Charges for Services 5. Specific Ownership &/or Other 963,254 g. Other Misc. Receipts 6. Total 1. through 5. 963,254 h. Other c. Total (a. + b.) 963,254 i. Total (a. through h.) 0 (Carry forward to page 1) (Carry forward to page 1) ITEM AMOUNT ITEM AMOUNT C. Receipts from State Government D. Receipts from Federal Government 1. Highway -user taxes 221,666 1. FHWA (from Item LD.5.) 2. State general funds 2. Other Federal agencies: 3. Other State funds: a. Forest Service a. State bond proceeds b. FEMA b. Project Match c. HUD c. Motor Vehicle Registrations 26,665 d. Federal Transit Admin d. Other (S eci ) e. U.S. Corps of Engineers e. Other (Specify) f. Other Federal f Total (a. through e.) 26,665 g. Total (a. through f.) 0 4. Total 1. + 2. + 3. 248,331 3. Total 1. + 2. (Carry forward to page 1) III. DISBURSEMENTS FOR ROAD AND STREET PURPOSES - DETAIL A.I. Capital outlay: a. Right -Of -Way Costs ON NATIONAL OFF NATIONAL HIGHWAY HIGHWAY SYSTEM SYSTEM a 0 TOTAL c 0 b. Engineering Costs 1,039,844 1,039,844 c. Construction: (1). New Facilities 0 (2). Capacity Improvements 0 (3). System Preservation 731,971 731,971 (5). Total Construction 1 + 2 + 3 + 4 0 731,971 731,971 d. Total Capital Outlay (Lines La. + l.b. + 1.c.5) 0 1,771,815 1,771,815 (Carry forward to page 1) Notes and Comments: FORM FHWA-536 (Rev.1-05) PREVIOUS EDITIONS OBSOLETE F13 June 21, 2016 - Page 353 of UNDERTAKING TO PROVIDE CONTINUING DISCLOSURE June 21, 2016 - Page 354 of Town of Vail, Colorado Issuer's Annual Report Update of Official Statement Tables to be Updated Tables I, II and III December 31, 2015 G1 June 21, 2016 - Page 355 of 52! TABLE TABLE III Vail Reinvestment Authority History of Pledged Revenues 2011 2012 2013 2014 2015 Pledged Revenues 3,129,789 3,173,261 3,188,389 3,373,916 3,541,546 TABLE II 2012/2013 2013/2014 2014/2015 Vail Reinvestment Authority History of Assessed Valuations 46.9400 46.2540 Valuation Valuation Total Assessed Percent Allocable Allocable Levy Year Collection Year Valuation Change to Base to Increment 2010 2011 146,890,960 61.1100 83,473,630 63,417,330 2011 2012 146,243,940 -0.4% 83,179,120 63,064,820 2012 2013 166,325,430 13.7% 94,467,810 71,857,620 2013 2014 162,091,770 -2.5% 90,762,320 71,329,450 2014 2015 175,857,330 8.5% 99,317,520 76,539,810 G1 June 21, 2016 - Page 355 of 52! TABLE III Mill Levies Affecting Property Owners within the Vail Reinvestment Authority Plan Area Tax Areas 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 202 46.9000 46.9400 46.2540 47.0140 45.2100 203 45.2900 45.3560 44.7780 45.4720 44.1460 204 61.1100 61.1170 60.1000 60.8760 55.7010 206 46.9000 46.9400 46.2540 47.0140 45.5210 207 86.9000 86.9400 86.2540 87.0140 80.5210 208 71.9000 71.9400 71.2540 72.0140 67.3960 216 - - - - - 225 G1 June 21, 2016 - Page 355 of 52! Town of Vail, Colorado Issuer's Annual Report Update of Official Statement of Tables to be Updated Tables IV and V December 31, 2015 Total 175,852,580 TABLE V 2015 Preliminary Assessed Valuation of Classes of Property in the Authority Class Residential Commercial Vacant State Assesseed Total Total Assessed Valuation 125,864,850 49,241,410 637,060 109,260 175,852,580 Percentage of Total Assessed Valuation 72% 28% 0% 0% 100% G2 June 21, 2016 - Page 356 of 52! TABLE IV Largest Taxpayers in the Authority 2015 Preliminary Percentage of Total Taxpayer Name Assessed Valuation Assessed Valuation Diamondrock LLC 20,712,770 11.8% Ritz-Carlton Development Co Inc 11,138,560 6.3% Arrrabelle at Vail Square LLC 7,830,000 4.5% Vail Corp 3,817,430 2.2% A Belle Vail Co LLC 2,966,610 1.7% Lazier Lionshead LLC 2,817,120 1.6% RCR Vail LLC 2,550,190 1.5% Arrrabelle at Vail Square LLC 1,494,340 0.8% SOHO Development LLC 1,437,130 0.8% Landmark Commercial Dev Co 1,177,150 0.7% Total 175,852,580 TABLE V 2015 Preliminary Assessed Valuation of Classes of Property in the Authority Class Residential Commercial Vacant State Assesseed Total Total Assessed Valuation 125,864,850 49,241,410 637,060 109,260 175,852,580 Percentage of Total Assessed Valuation 72% 28% 0% 0% 100% G2 June 21, 2016 - Page 356 of 52! Town of Vail, Colorado Issuer's Annual Report Update of Official Statement Tables to be Updated Table VI December 31, 2015 TABLE VI History of Revenues, Expenditures and Changes in Fund Balance Vail Reinvestment Authority Revenues: Other: Property tax Interest on investments Interest Subsidy (Build America Bonds) Total Revenues Expenditures: Economic Development: Administration Fiscal agent fees Treasurer's fees Professional fees Vail Square Metro District Total Economic Development: Debt Service: Principal Interest Total Debt Service: Total Expenditures Excess (Deficiency) of Revenues Over Expenditures Other Financing Sources (Uses): Transfers out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances - January 1 Fund Balances - December 31 3,366,594 3,383,493 3,413,188 35,873 12,817 1,714 194,165 180,619 166,259 3,596,632 3,576,929 3,581,161 57,706 59,352 60,133 2,200 - 2,200 101,001 101,512 102,396 2,125 1,535 413 466,843 403,668 392,772 629,875 566,067 557,914 250,000 445,000 460,000 676,675 618,778 605,203 926,675 1,063,778 1,065,203 1,556,550 1,629,845 1,623,117 2,040,082 1,947,083 1,958,044 (7,125,196) (5,354,864) (1,842,286) (7,125,196) (5,354,864) (1,842,286) (5,085,114) (3,407,780) 115,758 15,229,105 10,143,991 6,736,211 10,143,991 6,736,211 6,851,969 3,662,130 3,837,261 1,219 937 167,524 167,896 3,830,873 4,006,094 65,282 67,167 2,200 2,420 113,259 115,121 5,435 11,623 456,957 464,548 643,134 660,879 475,000 490,000 591,178 577,928 1,066,178 1,067,928 1,709,312 1,728,807 2,121,561 2,277,287 (3,049,280) (2,757,636) (3,049,280) (2,757,636) (927,719) (480,349) 6,851,969 5,924,250 5,924,250 5,443,901 G3 June 21, 2016 - Page 357 of 52! Town of Vail, Colorado Issuer's Annual Report Update of Official Statement of Tables to be Updated Tables VII and VIII December 31, 2015 TABLE VII 2015 Budget Summary and Actual Comparison / 2016 Budget Vail Reinvestment Authority TABLE VIII Outstanding Revenue Obligations Issue Vail Reinvestment Authority Tax Increment Revenue Bonds, Series 2010A Vail Reinvestment Authority Tax Increment Revenue Bonds, Series 2010B Total G4 Outstanding Principal 1,550,000 8,270,000 9,820,000 June 21, 2016 - Page 358 of 52! 2015 2015 2016 Budget Actual Budget Revenues: Other: Property tax 3,686,500 3,837,261 4,172,000 Interest on investments 1,632 937 1,600 Interest Subsidy (Build America Bonds) 173,343 167,896 167,444 Total Revenues 3,861,475 4,006,094 4,341,044 Expenditures: Economic Development: Administration 64,760 67,167 73,180 Fiscal agent fees 2,200 2,420 2,200 Treasurer's fees 110,680 115,121 125,160 Professional fees 10,000 11,623 10,000 Vail Square Metro District 434,560 464,548 497,610 Total Economic Development: 622,200 660,879 708,150 Debt Service: Principal 490,000 490,000 500,000 Interest 577,928 577,928 564,928 Total Debt Service: 1,067,928 1,067,928 1,064,928 Total Expenditures 1,690,128 1,728,807 1,773,078 Excess (Deficiency) of Revenues over Expenditures 2,171,347 2,277,287 2,567,966 Other Financing Sources (Uses): Transfers out (3,937,200) (2,757,636) (3,500,000) Net Change in Fund Balances (1,765,853) (480,349) (932,034) Fund Balances - January 1 5,924,250 5,924,250 4,158,397 Fund Balances - December 31 4,158,397 5,443,901 3,226,363 TABLE VIII Outstanding Revenue Obligations Issue Vail Reinvestment Authority Tax Increment Revenue Bonds, Series 2010A Vail Reinvestment Authority Tax Increment Revenue Bonds, Series 2010B Total G4 Outstanding Principal 1,550,000 8,270,000 9,820,000 June 21, 2016 - Page 358 of 52! 2015 FINANCIAL STATE rB ij AENTS &AUDIT REPORT FINANCE I June 21, 2016 PRESENTERS Kathleen Halloran, C.P.A. Finance Director , Michael N. Jenkins, C.A., C.P.A. Partner, McMahan & Associates, LLC lf� ,14 � N Provide a broad overview similar to a private sector business, including capital assets and long-term debt on a full accrual basis STATEMENT OF NET POSITION Assets exceed liabilities by $217.2M $121.4M net investment in capital assets $2.OM TABOR reserves; $22.1 M restricted; $71.7M unrestricted STATEMENT OF ACTIVITIES $17.6M increase in net position $73.2M revenue; $18.7M program specific and $54.5M general revenue $55.6M expenses Town of Vail I Finance 1 6/21/2016 June 21, 2016 - Page 361 of 529 TOWN OFVA� VAIL REINVESTMENT AUTHORITY TAX INCREMENT FINANCING $11.9M issued in 2010 for Lionshead improvements $9.8M outstanding at year end Repayment from incremental property tax revenue from Lionshead redevelopment Town of Vail I Finance 1 6/21/2016 TOWN OF VAIL June 21, 2016 - Page 362 of 529 Record financial transactions for specific activities or governmental functions; focus on near-term inflows and outflows and spendable balances GOVERNMENTAL FUNDS General Fund Capital Projects Fund Real Estate Transfer Tax Fund Marketing Fund Vail Local Marketing District Vail Reinvestment Authority Town of Vail I Finance 1 6/21/2016 PROPRIETARY FUNDS Internal Services — Heavy Equipment Fund Health Insurance Fund Enterprise Funds — Dispatch Services Fund Timber Ridge Fund June 21, 2016 - Page 363 of 529 TOWN OFVA� General Fund Favorable to Budget by $4.7M Revenue — Increase mainly due to parking $926K, construction permits & fees $536K and ski lift tax $345K Expenditures — Savings in general operations $840K; salaries due to vacancies $775K; healthcare/benefit savings of $625K (50% from vacancies; 50% from cost savings Fund Balance - $23.6 million compared with target $9.3 million or 25% revenue Town of Vail I Finance 1 6/21/2016 June 21, 2016 - Page 364 of 529 TOWN OFVA� Capital Projects Fund Managed $6.9M in Projects Revenue —Variance due to additional Sales Tax $1.1M and Fee in Lieu $1.91VI Expenditures — Variance for approved projects not yet completed and carried over to 2016 $7.71M; Project savings of $660K Transfers and Financing — VRA funding of Lionshead projects not yet complete Fund Balance - $31.31VI Town of Vail I Finance 1 6/21/2016 June 21, 2016 - Page 365 of 529 TOWN OFVA� RETT Fund Managed $7.9M in Projects; $2.4M Ops Revenue — Variance due to real estate transfer tax $776K and project reimbursements $252K Expenditures — Variance due to approved projects not yet completed and carried over to 2016 $8.61VI; Project savings of $1.5 M; Budget adjustment of $3.01VI Transfers and Financing — Variance due to Lionshead Skate Park continuing over to 2016 Fund Balance - $17.81VI Town of Vail I Finance 1 6/21/2016 June 21, 2016 - Page 366 of 529 TOWN OFVA� 10 -Year History and 5 -Year Projection of Reserves 90 N C O we 50 40 30 all 10 $72.8M tr,o )nn $80.2 M T 568.31VI 567.51VI 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Town of Vail I Finance 1 6/21/2016 MAII Other Conference Center Fund RETT Fund mCapital Projects Fund mGeneral Fund June 21, 2016 - Page 367 of 529 Reserve Min TOWN OF VA 2015 FINANCIAL STATEMENTS F• ' x.. Y � � ., , • �; � �. � ,.0 a • �,"try - �►,e�'-+� �. At � �_ »- �+. s'l h, _ ten. •+ _ yA� _r• . `�1}�► IL TOWN OF VAR' VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Housing Strategic Plan Update PRESENTER(S): Alan J. Nazzaro, Housing Manager ACTION REQUESTED OF COUNCIL: None, discussion item BACKGROUND: To keep Town Council informed as to the progress on the Housing Strategic Plan process. ATTACHMENTS: Description Housing Strategic Plan Update Memo 62116 June 21, 2016 - Page 369 of 52! rowN ofvain Memorandum To: Vail Town Council From: Community Development Department Date: June 21, 2016 Subject: Housing Strategic Plan Update I. SUMMARY Housing staff sent over 65 invitations to residents, business owners, realtors, housing developers, local organizations, large employers and hoteliers to attend Focus Group Meetings held on June 15, 2016 to give input into the Housing Strategic Plan (HSP). Over 50% of the invitees participated with the Group. In addition, a public meeting was advertised in the Vail Daily and on the Town website for the evening of the 15th and more than 20 citizens attended. II. BACKGROUND The meetings were billed as information gathering sessions for employees, business owners, renters, prospective homebuyers and other community members interested in making an impact on expanding Vail's housing opportunities. Attendees were told that the information will be used by the Vail Town Council to help determine housing policies, programs and regulations regarding employee housing. III. VERIFICATION OF THE PROBLEM Throughout the day participants were asked to help "define" the housing problem and several critical themes were repeated: • The do nothing option is not a viable alternative • Need affordable housing for full-time residents • Need to better regulate short-term rentals (i.e., VRBO, Air B&B) • A dedicated funding source for housing is needed. • Homes for family/full-time residents, and rentals for temporary workers is needed • Density is an option as long as it is done correctly and in the appropriate locations, able to accommodate it, i.e., close to transit, amenities, shopping, etc. IV. NEXT STEPS Staff will compile the input received and review it for trends and then place suggestions in appropriate Policy Objectives, Strategies and/or Actions Steps for inclusion in the HSP. A combined focus group and general public meeting will be held on June 29th to present a first draft of the Plan. June 21, 2016 - Page 370 of 52! VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: TOWN OF VAR' Vail America Days Activities Theme for parade this year is "Spirit of America" Council meet at Golden Peak near Tivoli by 9:45AM, Monday, July 4 to walk in parade and supply candy to hand to spectators Anyone interested in driving the Volvo convertible? Fireworks at dusk (9:30 — 9:45PM) at Golden Peak conditions permitting June 21, 2016 - Page 371 of 52! TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: VLMDAC memorandum on Destination Strategy Results with Updated Percentages. ATTACHMENTS: Description Destination Strategy Memorandum June 21, 2016 - Page 372 of 52! Memorandum To: From: Date: Subject Vail Town Council VLMDAC June 9, 2016 Destination Marketing Strategy Results (Updated percentages) BACKGROUND The VLMDAC's strategy to allocate marketing dollars towards increasing our Destination Markets is driven by data indicating that these markets are growing as part of our overall mix. The Destination visitor tends to spend additional days/nights in Vail, when compared to the Front Range visitor. Additional days/night spent directly translate to an increase in our overall sales tax. Outlined below are Key Performance Indicators supporting this strategy. KEY PERFORMANCE INDICATORS/RESULTS Visitor Mix Since 2014, the summer visitor mix of Destination guests has increased from 55% to 58%. In addition, Texas, specifically, has seen growth from 19% to 23%. Sales Tax Collections In 2015, the Town of Vail experienced sales tax collections increase 7.2% over 2014 from May — October. This can be directly attributed to the increase in Destination visitors. Destimetrics Destination Reservations 2014 vs. 2015 stays at least 3 nights, May — October) June 21, 2016 - Page 373 of 52! 2014 2015 % Increase Destination Guests 1604 3302 106% Illinois 141 533 278% Texas 489 898 84% California 404 495 23% June 21, 2016 - Page 373 of 52! Website Visitation Year over year website visitation on vail.com from 2014 to 2015 can be found below. Total Destination: Visitation: -4.6% Dallas: Visitation: +28.1% Houston: Visitation: -1.7% Chicago: Visitation: +4% VBCR Bookings Just looking at data from Vail Central Reservations for Destination guests, we can report the following increases from 2014 to 2015: Total Destination: Reservations: +17% Room Nights: +25% Revenue: +42% Digital Display Performance While, Denver is the top DMA for site visits and shopping cart entries on Vail.com, Chicago, Dallas and Houston have consistently been in the top 5 DMA's following Denver. Video completion rates in Chicago/Dallas/Houston were higher in 2014 than the national rate and other Destination markets at 77-78%. This would indicate that these guests are a more engaged audience. With additional dollars being allocated to support the VLMDAC's strategy to further grow Destination Markets (with an emphasis on Texas, Chicago, and Los Angeles), we will continue to monitor these KPI's and results to ensure that we are achieving a solid return on our investment. Town of Vail Page 2 June 21, 2016 - Page 374 of 52! VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: April 2016 and Ski Season Vail Business Review ATTACHMENTS: Description 2016 April Ski Season Vail Business Review TOWN OF VAIP June 21, 2016 - Page 375 of 52! TOWN OF 0 VAIL � 75 South Frontage Road West Finance Department Vail, Colorado 81657 970.479.2100 vailgov.com 970.479.2248 fax Vail Business Review April 2016 June 13, 2016 The April Vail Business Review breaks down the four percent sales tax collected for April and the ski season. Overall April sales tax decreased 23.3% with Retail decreasing 27.0%, Lodging decreased 35.1 %, Food and Beverage decreased 18.6% and Utilities/Other (which is mainly utilities but also includes taxable services and rentals) increased 6.6%. Excluding the Out of Town category, sales tax for the month of April was down 28.8%. The ski season resulted in a .7% increase overall with Retail decreasing 2.5%, Lodging increased 3.2%, Food and Beverage increased .1% and Utilities/Other increased 3.6%. Excluding the Out of Town category, ski season sales tax is up .3%. Electronic filing and payment of Vail sales tax is now an option. Please visit www.vailgov.com/epaY 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.vailgov.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 Kathleen Halloran at (970) 479-2116. Sincerely, Sally Lorton Sales Tax Administrator June 21, 2016 - Page 376 of 52! April TOWN OF VAIL BUSINESS REVIEW TOWN OF VAIL- Sales Tax Newsletter April 2016 Sales Tax June 21, 2016 - Page 377 of 52! April April April 2015 2016 % Collections Collections Change VAIL VILLAGE Retail 242,063 141,563 -41.52% Lodging 190,412 115,759 -39.21 % F & B 227,708 181,718 -20.20% Other 8,395 11,242 33.91 % Total 668,578 450,283 -32.65% LIONSHEAD Retail 78,022 44,565 -42.88% Lodging 127,185 71,212 -44.01 % F & B 59,723 41,268 -30.90% Other 4,314 3,270 -24.21 % Total 269,245 160,315 -40.46% CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 121,857 109,863 -9.84% Lodging 27,014 37,437 38.58% F & B 37,301 41,697 11.79% Other 3,318 2,992 -9.84% Total 189,490 191,989 1.32% OUT OF TOWN Retail 82,622 87,198 5.54% Lodging 19,184 11,597 -39.55% F & B 803 474 -41.00% Utilities & Other 141,657 150,642 6.34% Total 244,266 249,910 2.31 % 6/13/2016 4:19:30 PM emGovPower Page 1 of 2 June 21, 2016 - Page 377 of 52! April TOWN OF VAIL BUSINESS REVIEW TOWN OF HAIL Sales Tax Newsletter April 2016 Sales Tax TOTAL Total 1,371,578 1,052,497 -23.26% RETAIL SUMMARY April April April RETAIL -FOOD 2015 2016 % RETAIL -LIQUOR Collections Collections Change Retail 524,563 383,189 -26.95% Lodging And Property Mgmt 363,795 236,005 -35.13% Food and Beverage 325,535 265,157 -18.55% Other 157,685 168,146 6.63% Total 1,371,578 1,052,497 -23.26% RETAIL SUMMARY 6/13/2016 4:19:30 PM emGovPower Page 2 of 2 June 21, 2016 - Page 378 of 52! April 2015 Collections April 2016 Collections April % Change RETAIL -FOOD 96,959 88,270 -8.96% RETAIL -LIQUOR 30,640 26,098 -14.82% RETAIL -APPAREL 92,965 53,087 -42.90% RETAIL -SPORT 156,196 101,338 -35.12% RETAIL -JEWELRY 14,298 5,796 -59.47% RETAIL -GIFT 3,506 927 -73.57% RETAIL -GALLERY 4,543 1,588 -65.04% RETAIL -OTHER 125,425 106,085 -15.42% RETAIL -HOME OCCUPATION 29 0 -100.00% Total 524,563 383,189 -26.95% 6/13/2016 4:19:30 PM emGovPower Page 2 of 2 June 21, 2016 - Page 378 of 52! Ski Season kr TOWN OF VAIL BUSINESS REVIEW TOWN OF VAIL Sales Tax Newsletter Ski Season 2015/2016 Sales Tax June 21, 2016 - Page 379 of 52! Ski Season Ski Season Ski Season 2014/2015 2015/2016 % Collections Collections Change VAIL VILLAGE Retail 2,815,244 2,623,519 -6.81 % Lodging 3,369,039 3,504,321 4.02% F & B 2,688,345 2,678,841 -0.35% Other 83,328 108,252 29.91 % Total 8,955,956 8,914,933 -0.46% LIONSHEAD Retail 1,114,990 1,076,858 -3.42% Lodging 2,139,821 2,263,569 5.78% F & B 630,228 654,373 3.83% Other 25,543 30,094 17.82% Total 3,910,582 4,024,894 2.92% CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 1,227,947 1,237,481 0.78% Lodging 1,081,508 1,055,244 -2.43% F & B 457,360 446,184 -2.44% Other 33,320 32,622 -2.09% Total 2,800,135 2,771,532 -1.02% OUT OF TOWN Retail 553,012 629,650 13.86% Lodging 306,432 293,236 -4.31 % F & B 8,333 9,429 13.15% Utilities & Other 971,012 981,973 1.13% Total 1,838,789 1,914,287 4.11% 6/13/2016 4:21:20 PM emGovPower Page 1 of 2 June 21, 2016 - Page 379 of 52! Ski Season TOWN OF VAIL BUSINESS REVIEW TOWN OF HAIL Sales Tax Newsletter Ski Season 2015/2016 Sales Tax TOTAL Total 17,505,462 17,625,646 0.69% RETAIL SUMMARY Ski Season Ski Season Ski Season RETAIL -FOOD 2014/2015 2015/2016 % RETAIL -LIQUOR Collections Collections Change Retail 5,711,192 5,567,508 -2.52% Lodging And Property Mgmt 6,896,800 7,116,370 3.18% Food and Beverage 3,784,267 3,788,827 0.12% Other 1,113,203 1,152,941 3.57% Total 17,505,462 17,625,646 0.69% RETAIL SUMMARY 6/13/2016 4:21:20 PM emGovPower Page 2 of 2 June 21, 2016 - Page 380 of 52! Ski Season 2014/2015 Collections Ski Season 2015/2016 Collections Ski Season % Change RETAIL -FOOD 897,934 910,270 1.37% RETAIL -LIQUOR 319,542 325,574 1.89% RETAIL -APPAREL 998,618 923,203 -7.55% RETAIL -SPORT 2,393,948 2,384,326 -0.40% RETAIL -JEWELRY 165,366 147,462 -10.83% RETAIL -GIFT 36,992 30,907 -16.45% RETAIL -GALLERY 35,597 19,854 -44.22% RETAIL -OTHER 862,913 825,610 -4.32% RETAIL -HOME OCCUPATION 283 302 6.89% Total 5,711,192 5,567,508 -2.52% 6/13/2016 4:21:20 PM emGovPower Page 2 of 2 June 21, 2016 - Page 380 of 52! VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Quarter 1 Investment Report ATTACHMENTS: Description Q1 Investment Report TOWN OF VAIP June 21, 2016 - Page 381 of FROM: Carlie Smith DATE: 1 st Qrtr 2016 RE: Investment Report Enclosed is the investment report with balances as of March 31,2016. The estimated average yield for the pooled cash fund is 0.57%. As of 03/31/2016, the Treasury yield curves for 3 months, 6 months, and 1 year are 0.21%, 0.39%, and 0.59% respectively. TOV investments performed at or above these yields. Our investment mix follows the policy objectives of safety, liquidity, and yield in that order. Cash $37.5M, 42% 2016 Investment Mix $88.3 million Gov't Securities $22.9M, 26% Investment Pool $16.2M, 18% CD's $11.7M, 13% There were no changes to investment products or banking institutions. Please call me if you have any questions. June 21, 2016 - Page 382 of 52! Town of Vail, Colorado Investment Report Summary of Accounts and Investments As of 03/31/2016 2016 Balances Percentage Cash of Total Commercial Banks $34,628,766 39.20% Money Market Funds $2,867,518 3.25% Total Cash $37,496,284 42.45% U.S. Government Securities (see page 4) Government Agency Seurities -Piper Jaffray FNMA'S, GNMA'S, FHLMC'S & SBA'S - Dana Total Government Securities Certificates of Deposit Colorado Investment Pools Total Portfolio Maturing Within 12 Months Maturing Within 24 Months Maturing After 24 Months $13,432,856 15.21% $9,440,430 10.69% $22,873,286 25.90% $11,691,378 13.24% $16,266,641 18.42% $88,327,589 100.0% 60,919,070 68.97% 3,751,299 4.25% 23,657,220 26.78% 88,327,589 100.0% June 21, 2016 - Page 383 of 52! Performance Summary as of 03/31/2016 Institution Type of Accounts "CASH" ACCOUNTS Commercial Bank Accounts: First Bank of Vail - Operating Interest Alpine Bank Money Market Accounts: Schwab Institutional Money Market Fund - Dana Investments Interest and Balance Vail Super Now Public Funds Account - Piper Jaffray Interest and Balance Total Money Market Funds Total "Cash" Accounts GOVERNMENT SECURITIES (see pg 5) Government Agency Seurities -Piper Jaffray FNMA'S, GNMA'S, FHLMC'S & SBA'S - Dana Total Government Securities 1st Bank, Vail Colorado (#5734) Matures September 14, 2017 1st Bank, Vail Colorado (#5114) Matures March 27, 2017 1st Bank, Vail Colorado (#4983) Matures March 6, 2017 1st Bank, Vail Colorado (#1992) Matures Nov 23, 2020 1st Bank, Vail Colorado (#3421) Matures Mar 17, 2021 1st Bank, Vail Colorado (#4290) Matures Sept 29, 2016 1st Bank, Vail Colorado (#4754) Matures Dec 28, 2016 1st Bank, Vail Colorado (#5319) Matures May 19, 2016 1st Bank, Vail Colorado (#9497) Matures Nov 19, 2019 1st Bank, Vail Colorado (#9500) Matures Nov 18, 2019 Piper Jaffray 2546704RO Matures Mar 14, 2017 Piper Jaffray 795450PJ8 Matures Sept 19, 2017 Piper Jaffray 38143AJM8 Matures Feb 8, 2017 Total Certificates of Deposit LOCAL GOVERNMENT INVESTMENT POOLS Colotrust General Fund Interest Total Local Government Investment Pools Accounts Total All Accounts Average Balances Return 03/31/16 0.150% $33,239,054 $1,389,713 0.010% $54,341 0.000% $2,813,177 $2,867,518 $37,496,284 1.34% $13,432,856 1.15% $ 9,440,430 $ 22,873,286 $ 22,873,286 1.200% 1,043,235 1.300% 1,083,052 1.300% 1,054,082 2.000% 1,120,605 0.700% 1,131,868 1.750% 1,081,381 1.750% 1,076,765 0.400% 1,529,475 0.900% 1,201,757 0.900% 1,066,554 1.430% 100,668 1.600% 101,106 1.700% 100,830 11,691,378 $ 11,691,378 0.230% $16,266,641 $16,266,641 $88,327,589 June 21, 2016 - Page 384 of 52! 3/31/2016 Government Securities as of 03/31/2016 Days/Years Int Rate Purchase Maturity to Maturity Market Agency Broker Coupon Yield Date Date at Purchase Value ***Federal Agency Discount Notes & Bonds*** FNMA 3135GOPHO Piper Jaffray 1.010% 1.000% 1/24/2012 9/27/2017 5.7 $500,075 FFCB3133EC5A8 Piper Jaffray 0.890% 0.870% 1/28/2012 11/27/2017 5.8 $499,640 FFCB 3133EC7134 Piper Jaffray 0.860% 0.840% 1/29/2012 12/13/2017 5.9 $598,974 FHLB 313383DQ1 Piper Jaffray 1.020% 1.000% 1/29/2012 12/18/2017 5.9 $400,440 FNMA 3136G16W4 Piper Jaffray 0.660% 0.850% 1/31/2012 12/27/2017 5.9 $250,148 FNMA 3136G1 K57 Piper Jaffray 1.120% 1.100% 2/2/2012 4/30/2018 6.2 $548,603 FHLB 3130A54Z9 Piper Jaffray 1.000% 1.000% 2/2/2012 2/20/2018 6.1 $500,035 FHLB 313382GQO Piper Jaffray 1.070% 1.050% 2/2/2012 3/20/2018 6.1 $500,005 FHLM 3134G45D6 Piper Jaffray 1.150% 1.120% 2/2/2012 5/25/2018 6.3 $1,000,090 FHLB 313383HQ7 Piper Jaffray 1.210% 1.190% 2/2/2012 6/27/2018 6.4 $623,757 FHLB 313383JQ5 Piper Jaffray 1.270% 1.240% 2/2/2012 6/27/2018 6.4 $332,300 FHLB 3130A6K89 Piper Jaffray 1.050% 1.060% 10/05/15 10/05/18 3.0 $560,370 FHLB 3130A6MC8 Piper Jaffray 1.470% 1.490% 10/29/15 10/29/19 4.0 $500,010 FHLMC 3134G7P96 Piper Jaffray 1.000% 1.010% 10/29/15 04/29/19 3.5 $500,060 FHLB 3130A4RV6 Piper Jaffray 1.350% 1.350% 2/2/2012 10/15/2018 6.7 $285,060 FNMA 3136G24C8 Piper Jaffray 2.000% 1.980% 2/2/2012 8/26/2019 7.6 $503,940 FNMA 3136G21-47 Piper Jaffray 1.800% 1.790% 2/2/2012 6/30/2020 8.4 $503,895 FHLM 3134G7J44 Piper Jaffray 1.800% 1.800% 09/30/15 09/30/20 5.0 $1,000,440 FHLM 3136G2NU7 Piper Jaffray 1.750% 1.750% 09/30/15 09/30/20 5.0 $1,000,610 FHLB3130A5TW9 Piper Jaffray 2.000% 1.980% 07/27/15 07/29/20 5.0 $441,993 FHLMC 3134G71-41 Piper Jaffray 1.000% 1.000% 10/15/15 10/15/20 5.0 $1,000,020 FHLMC 3134G71-133 Piper Jaffray 1.500% 1.500% 10/29/15 10/29/20 5.0 $500,420 FHLMC 3134G71-182 Piper Jaffray 1.750% 1.790% 10/29/15 10/29/20 5.0 $440,031 FHLMC 3134G8AN9 Piper Jaffray 1.900% 1.910% 12/30/15 12/30/20 5.0 $0 FHLMC 3134G8B65 Piper Jaffray 2.000% 2.010% 12/30/15 12/30/20 5.0 $0 FHLB3130A5V97 Piper Jaffray 2.000% 1.980% 07/27/15 07/29/20 5.0 $441,940 Pooled - Dana Average Yield 2.2% 1 -Jun -03 1.34% 130.2 $13,432,856 Days/Years June 21, 2016 - Page 385 of 52! Interest Rate Purchase Maturity to Maturity Market Agency Broker Coupon Yield Date Date at Purchase Value ***FNMA'S, ARM'S & SBA'S*** SBA 502647 SBA 521683 SBA 508940 SBA 83164LV32 SBA 508946 SBA 509701 SBA 505536 Pooled - Pooled - Pooled - Pooled - Pooled - Pooled - Pooled - Dana Dana Dana Dana Dana Dana Dana 3.975% 4.248% 2.575% 2.250% 2.250% 1.500% 3.125% 4.2% 4.3% 2.7% 2.4% 2.4% 1.7% 3.2% 1 -Jul -94 6 -May -11 2 -Feb -15 1 -Jan -12 1 -Aug -01 25 -Jun -19 25 -Aug -21 25 -Jun -30 25 -Feb -40 25 -Jul -30 25 -Jul -40 25 -Jun -26 25.0 121.7 19.2 25.1 18.6 140.7 125.0 $3,462 $220,625 $178,706 $257,370 $153,353 $301,333 $15,519 GNMA 8417 Pooled - Dana 4.000% 3.9% 1 -Oct -88 20 -Oct -18 30.1 $572 GNMA 8703 Pooled - Dana 1.875% 1.8% 1 -Sep -95 20 -Sep -25 30.1 $475 GNMA 8720 Pooled - Dana 1.625% 2.0% 30 -Sep -95 20 -Oct -25 30.1 $522 GNMA 8788 Pooled - Dana 1.750% 1.7% 1 -Jan -96 20 -Jan -26 30.1 $398 GNMA 80426 Pooled - Dana 1.875% 1.8% 21 -Jul -00 20 -Jul -30 130.1 $4,174 GNMA 80696 Pooled - Dana 1.750% 1.7% 23 -May -11 20 -May -33 22.0 $179,930 GNMA 80710 Pooled - Dana 1.875% 1.8% 1 -Jul -03 20 -Jul -33 130.1 $5,255 GNMA 82759 Pooled - Dana 1.750% 1.7% 20 -Mar -12 20 -Mar -41 29.0 $190,676 GNMA 80593 Pooled - Dana 1.750% 1.7% 20 -Apr -12 20 -Apr -32 20.0 $2,343 GNMA 82382 Pooled - Dana 1.875% 1.8% 30 -Sep -13 20 -Sep -39 26.0 $103,076 GNMA 1303 Pooled - Dana 2.000% 1.9% 30 -Sep -13 20 -Sep -43 30.0 $136,959 FNMA 850125 Pooled - Dana 2.455% 2.5% 1 -May -09 1 -Sep -35 126.4 $31,532 FNMA 422251 Pooled - Dana 2.499% 2.5% 1 -Dec -95 1 -Jan -21 25.1 $4,689 FNMA 520790 Pooled - Dana 2.544% 2.4% 1 -Jun -00 1 -Apr -28 127.9 $4,330 FNMA 546468 Pooled - Dana 2.490% 2.4% 24 -May -00 1 -Apr -28 127.9 $1,509 FNMA 535326 Pooled - Dana 2.332% 2.3% 26 -Jun -00 1 -Jun -28 128.0 $1,869 FNMA 323798 Pooled - Dana 2.354% 2.3% 1 -Dec -99 1 -May -29 29.4 $660 FNMA 567875 Pooled - Dana 2.679% 2.7% 1 -Dec -00 1 -Sep -30 129.8 $1,430 FNMA 593941 Pooled - Dana 1.974% 2.0% 1 -Dec -01 1 -Dec -30 129.1 $4,651 FNMA 545057 Pooled - Dana 2.384% 2.4% 1 -May -01 1 -May -31 130.1 $313 FNMA 650970 Pooled - Dana 2.385% 2.4% 1 -Aug -01 1 -Jul -32 131.0 $2,051 FNMA 555378 Pooled - Dana 2.385% 2.5% 14 -May -08 1 -Apr -33 24.9 $38,949 FNMA 709092 Pooled - Dana 2.316% 2.2% 1 -Jun -03 1 -Jul -33 130.2 $9,365 June 21, 2016 - Page 385 of 52! 3/31/2016 Government Securities as of 03/31/2016 Total $22,873,286 June 21, 2016 - Page 386 of 52! Days/Years Int Rate Purchase Maturity to Maturity Market Agency Broker Coupon Yield Date Date at Purchase Value FNMA 723661 Pooled - Dana 2.375% 2.3% 1 -Jul -03 1 -Jul -33 130.1 $932 FNMA 761737 Pooled - Dana 2.467% 2.4% 16 -May -05 1 -Dec -33 128.6 $8,121 FNMA 725462 Pooled - Dana 1.944% 1.9% 1 -Apr -04 1 -Jan -34 129.8 $7,885 FNMA 745160 Pooled - Dana 2.420% 2.3% 1 -Dec -05 1 -Mar -34 128.3 $13,550 FNMA 791573 Pooled - Dana 2.420% 2.3% 1 -Jul -04 1 -Aug -34 130.2 $2,036 FNMA 888321 Pooled - Dana 2.383% 2.6% 1 -Mar -07 1 -Aug -34 27.3 $14,735 FNMA 849207 Pooled - Dana 1.996% 2.0% 1 -Jan -06 1 -Jan -36 30.0 $4,469 FNMA 888710 Pooled - Dana 2.496% 2.4% 1 -Sep -07 1 -Jul -36 28.9 $20,553 FNMA 893933 Pooled - Dana 2.472% 2.5% 1 -Sep -06 1 -Oct -36 30.1 $7,146 FNMA 555624 Pooled - Dana 2.401% 2.3% 1 -Jun -03 1 -Mar -38 134.8 $3,030 FNMA 735967 Pooled - Dana 2.494% 2.4% 1 -Sep -05 1 -Mar -38 132.6 $5,227 FNMA 888386 Pooled - Dana 2.420% 2.6% 1 -Apr -07 1 -Mar -38 131.0 $36,742 FNMA 888618 Pooled - Dana 2.457% 2.5% 1 -Jul -07 1 -Mar -38 130.8 $13,744 FNMA 995451 Pooled - Dana 2.442% 2.4% 12 -Feb -09 1 -Mar -38 29.1 $29,528 FNMA 557073 Pooled - Dana 1.643% 1.7% 1 -Sep -00 1 -Jun -40 139.8 $3,340 FNMA 110540 Pooled - Dana 2.674% 2.7% 1 -Nov -90 1 -May -20 29.5 $2,414 FNMA 327446 Pooled - Dana 3.170% 3.2% 1 -Oct -95 1 -Aug -22 26.9 $682 FNMA 555921 Pooled - Dana 2.750% 2.7% 1 -Sep -12 1 -Sep -35 23.0 $15,559 FNMA 868877 Pooled - Dana 2.543% 2.5% 1 -Apr -06 1 -Apr -36 30.0 $5,702 FNMA 701045 Pooled - Dana 2.297% 2.2% 1 -Apr -03 1 -Apr -33 30.0 $49,641 FNMA 848390 Pooled - Dana 2.086% 2.1% 12 -Feb -09 1 -Dec -35 26.8 $21,807 FNMA 844148 Pooled - Dana 2.263% 2.2% 1 -Oct -05 1 -Nov -35 30.1 $17,562 FNMA 748087 Pooled - Dana 2.455% 2.3% 1 -Sep -10 1 -Sep -33 23.0 $40,899 FNMA 851297 Pooled - Dana 2.555% 2.6% 3 -May -11 1 -Sep -35 24.3 $160,830 FNMA AC0038 Pooled - Dana 2.033% 2.0% 24 -May -11 1 -Sep -38 27.3 $122,706 FNMA AV9481 Pooled - Dana 1.919% 1.9% 1 -Jul -14 1 -Jul -43 29.0 $242,296 FHLMC 865469 Pooled - Dana 2.969% 2.9% 1 -Dec -95 1 -Aug -25 29.7 $301 FHLMC 645235 Pooled - Dana 2.215% 2.3% 1 -Jul -00 1 -Mar -29 128.8 $1,943 FHLMC 846784 Pooled - Dana 2.434% 2.3% 1 -Jul -00 1 -May -29 128.9 $1,100 FHLMC 846956 Pooled - Dana 2.680% 2.6% 1 -Nov -01 1 -Nov -31 130.1 $995 FHLMC 847166 Pooled - Dana 2.497% 2.5% 1 -Jul -03 1 -Aug -33 130.2 $2,748 FHLMC 847359 Pooled - Dana 2.512% 2.6% 1 -Dec -04 1 -Dec -34 130.1 $2,348 FHLMC 782526 Pooled - Dana 2.375% 2.3% 1 -Apr -05 1 -Apr -35 30.0 $43,613 FHLMC 848000 Pooled - Dana 2.480% 2.3% 1 -Sep -08 1 -Feb -36 27.4 $37,358 FHLMC 847629 Pooled - Dana 2.506% 2.5% 1 -Oct -06 1 -Sep -36 29.9 $8,077 FHLMC 865127 Pooled - Dana 3.060% 3.1% 1 -Aug -89 1 -Mar -19 29.6 $301 FHLMC 865476 Pooled - Dana 2.806% 2.8% 1 -Apr -96 1 -Feb -36 39.9 $471 FHLMC 865663 Pooled - Dana 3.040% 3.0% 1 -Nov -00 1 -Feb -30 129.3 $890 FHLMC 847427 Pooled - Dana 2.469% 2.4% 1 -Jul -05 1 -Sep -34 29.2 $4,351 FHLMC 1 G1840 Pooled - Dana 2.625% 2.6% 1 -Feb -06 1 -Nov -35 29.8 $5,327 FHLMC 183063 Pooled - Dana 2.519% 2.5% 1 -Aug -06 1 -Aug -36 30.0 $18,768 FHLMC 847058 Pooled - Dana 2.500% 2.4% 1 -Aug -02 1 -Aug -32 30.0 $15,340 FHLMC 1B7033 Pooled - Dana 2.415% 2.3% 25 -May -11 1 -Sep -35 24.3 $91,696 FHLMC 611384 Pooled - Dana 2.578% 2.6% 11 -Feb -05 1 -Dec -32 127.9 $7,765 FHLMC 849674 Pooled - Dana 2.082% 2.0% 1 -Nov -42 142.9 $305,342 FHLMC 2BO155 Pooled - Dana 2.300% 2.2% 1 -Jan -42 142.1 $400,701 FHLMC 849824 Pooled - Dana 2.563% 2.5% 1 -Feb -43 143.2 $440,561 FHLMC 849422 Pooled - Dana 2.066% 2.0% 1 -Feb -43 143.2 $226,091 FHLMC 849810 Pooled - Dana 2.282% 2.2% 1 -Oct -44 144.9 $406,842 FHLMC 849313 Pooled - Dana 2.020% 2.1% 1 -Jun -14 1 -Feb -43 28.7 $210,778 FHLMC Step Coupon agency 3134G7P96 1.000% 1.0% 29 -Apr -19 119.4 $499,500 FHLMC Fixed rate agency 3137EADP1 0.875% 0.9% 1 -Jun -14 7 -Mar -18 3.8 $400,876 FHLB Step Coupon Agency 3130A5YP8 0.750% 0.8% 10 -Aug -18 118.7 $299,700 FHLMC Step Coupon Agency 3134G6VX8 0.750% 0.8% 29 -Oct -18 118.9 $318,723 FHLMC Step Coupon Agency 3134G7W23 0.750% 0.8% 29 -Oct -18 118.9 $498,625 FHLMC Step Coupon Agency 3134G82T5 0.875% 0.9% 16 -Nov -18 119.0 $497,000 FHLB Step Coupon Agency 3130A6KH9 1.190% 1.19% 14 -Jan -19 119.1 $498,415 FNMA Step Coupon Agency 3136G2P43 1.000% 1.0% 21 -Oct -19 119.9 $500,000 FNMA Step Coupon Agency 3136G3EE1 1.000% 1.0% 29 -Mar -19 119.3 $400,000 FNMA Step Coupon Agency 3136G2ML8 0.875% 0.9% 28 -Sep -18 118.8 $500,000 Accrued Interest 1.2% $26,462 Income Receivable $60,195 Average Yield 1.15% 9,440,430 Total $22,873,286 June 21, 2016 - Page 386 of 52! TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Executive Session, pursuant to: 1) C.R.S. §24-6-402(4)(b) - to receive legal advice on specific legal questions; Regarding: AT&T refund claim PRESENTER(S): Matt Mire, Town Attorney June 21, 2016 - Page 387 of 52! TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Council meeting will break approximately at 4:15 p.m. Council will reconvene the regular meeting at 4:30 p.m. June 21, 2016 - Page 388 of 52! TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Traffic Impact Fee Contract Approval PRESENTER(S): Tom Kassmel, Town Engineer ACTION REQUESTED OF COUNCIL: Approve Contract with Tischler Bise BACKGROUND: Staff is requesting that the Town Council authorize the Town Manger to enter into a contract with Tischler Bise to complete a traffic impact fee nexus study in order to evaluate and adopt traffic impact fees. STAFF RECOMMENDATION: Town staff recommends that the Town Council authorize the Town Manger to enter into a contract with Tischler Bise in the amount of $56,320 to complete a traffic impact fee nexus study. ATTACHMENTS: Description Staff memo Tischler Bise Proposal June 21, 2016 - Page 389 of 52! TOWN OF Memorandum To: Town Council From: Public Works Department Date: 6-21-16 Subject: Traffic Impact Fee SUMMARY At the previous Council meeting, staff and Tischler Bise provided an overview of traffic impact fees, and confirmed that the Town Council would like to move forward with a nexus study and ultimately the codification of a traffic impact fee. Staff is requesting that the Town Council authorize the Town Manger to enter into a contract with Tischler Bise to complete the traffic impact fee nexus study. BACKGROUND The Town of Vail has collected mitigating traffic fees for certain development zone districts since 1999. The traffic fee is not a codified amount, but an additional fee agreed upon by the Town and the Developer for mitigation of vehicular trip impacts of a proposed development project. The fee is based on the improvements anticipated by; the Vail Transportation Master Plan and probable funding sources. Since 2006, the fee has not increased from $6500 per net peak pm traffic trip. In 2009 the Town adopted an updated Vail Transportation Master Plan, which included a more detailed and updated estimate of future projected transportation projects and costs. At the same time the Town engaged Tischler Bise to develop a nexus study for traffic impact fees that was anticipated to be used to codify a traffic impact fee. The nexus study was completed in 2009, but the traffic impact fee was not adopted or codified by the Town Council. Town Council has requested that the staff update the nexus study and reengage the adoption process. STAFF RECOMMENDATION Town staff recommends that the Town Council authorize the Town Manger to enter into a contract with Tischler Bise in the amount of $56,320 to complete a traffic impact fee nexus study. IV. ATTACHMENTS Tischler Bise Proposal June 21, 2016 - Page 390 of 52! Proposal for Multimodal Transportation Impact Fee Analysis Town of Vail, Colorado June 10, 2016 'M June 21, 2016 - Page 392 of 14 - Table of Contents Cover Letter 1 Firm Overview 3 Project Approach and Work Scope 6 Project Personnel 12 Proposed Cost Schedule and Hourly Rates 17 Proposed Schedule 17 TischlerBise FISCAL I ECONOMIC I PLANNING June 21, 2016 - Page 393 of 52! June 21, 2016 - Page 394 of Cover Letter June 10, 2016 Tom Kassmel, Town Engineer Town of Vail 75 South Frontage Road Vail, Colorado 81657 Dear Tom, TischlerBise is pleased to submit the enclosed proposal to provide consulting services for the Town of Vail Transportation Impact Fee analysis. There are several points we would like to note that make our qualifications unique: 1. Depth of Experience. Our qualified professionals bring an unparalleled depth of experience to this assignment. We have managed over 900 impact fee studies across the country — more than any other firm. We are innovators in the field, pioneering approaches for credits, impact fees by size of housing unit, and distance-related/tiered impact fees. More importantly, a TischlerBise impact fee methodology has never been challenged in a court of law. 2. Technical Knowledge of Land Use Planning and Local Government Finance. The TischlerBise team will apply years of impact fee experience within the context of overall Town financial needs, land use, transportation and economic development policies. 3. Responsiveness. As a small firm, we have the flexibility and responsiveness to meet all deadlines of the Town's project. We offer the Town the level of service and commitment that the larger firms save for their biggest contracts. We look forward to the possibility of working with the Town of Vail and are committed to providing cost- effective, high-quality support for this assignment. Sincerely, L. Carson Bise II, AICP, President TischlerBise TischlerBise _ FISCAL I ECONOMIC I PLANNING -77 June 21, 2016 - Page 395 of 52! Firm Overview TischlerBise, Inc., was founded in 1977 as Tischler, Montasser & Associates. The firm became Tischler & Associates, Inc., in 1980 and TischlerBise, Inc., in 2005. The firm is a Subchapter (S) corporation, is incorporated in Washington, D.C., and maintains offices in Bethesda, Maryland and Bradenton, Florida. The firm's legal address is: Principal Office L. Carson Bise, AICP, President 4701 Sangamore Rd, Suite 240 Bethesda, MD 20816 301.320.6900 x12 (w) 1301.320.4860 (f) carson@tischlerbise.com TischlerBise FISCAL I ECONOMIC I PLANNING Florida Office Dwayne Guthrie, AICP, Principal 6063 rd Avenue #304 Bradenton, FL 34205 77 June 21, 2016 - Page 396 of 52! June 21, 2016 - Page 397 of lH TischlerBise is a fiscal, economic, and planning consulting firm specializing in fiscal/economic impact analysis, impact fees, market feasibility, infrastructure financing studies and related revenue strategies. Our firm has been providing consulting services to public agencies for over thirty years. In this time, we have prepared over 700 fiscal/economic impact evaluations and over 900 impact fee/infrastructure financing studies - more than any other firm. Through our detailed approach, proven methodology, and comprehensive product, we have established TischlerBise as the leading national expert on revenue enhancement and cost of growth strategies. Colorado Experience An important factor to consider related to this work effort is our relevant experience working in the State of Colorado, which makes us intimately familiar with local government revenue structures as well as the planning and growth management issues facing the Town of Vail. The following table summarizes TischlerBise's vast impact fee experience in the State of Colorado. CLIENT Arapahoe County N T Q C aioy Q O. lL N d R �ijo £ co U) 0 V o W J rL LL _ O d y N N a y a = CL y d J - d E > i N Colorado Springs Garfield County Montezuma County Pitkin County Steamboat Springs National Experience TischlerBise is the national leader in advancing the "state of the practice." For example, TischlerBise pioneered impact fees by housing size and/or bedroom count, tiered transportation fee schedules, techniques for mitigating high fees for nonresidential development, and integrating transportation impact fees as part of an overall funding strategy. TischlerBise staff members are frequently called upon to TischlerBiserBise FISCAL I ECONOMIC I PLANNING June 21, 2016 - Page 398 of 52! speak on impact fees for various national groups and organizations including the American Planning Association, the National Association of Homebuilders, the Growth and Infrastructure Finance Consortium (formerly the National Impact Fee Roundtable), the Urban Land Institute and the Government Finance Officers Association. While every community is unique, this national experience provides invaluable perspective for our clients. A summary of our National transportation impact fee experience outside the State of Colorado is shown below. AL Baldwin Butte County Westminster AL Daphne Chino Hills Wicomico Fairhope Foley Grass Valley Half Moon Bay Belgrade Bozeman Gulf Shores Orange Beach Hemet FSuisun City Flathead County Gallatin County ' Siloam Springs Temecula Missoula Apache Junction Tulare Greenville Avenal State of Delaware Lincoln Avondale Buckeye Coral Gables Deerfield Beach Albuquerque RTC of Washoe County Bullhead DeSoto County Nye County Carefree Manatee County • Lebanon Casa Grande Naples • Pickerington Cave Creek Port St. Lucie Aiken Coolidge Punta Gorda Georgetown County Dewey -Humboldt South Miami Horry County Eloy Stuart Richland County Flagstaff West Miami American Fork Gilbert Atlanta Clinton City Goodyear Douglas County Draper Lake Havasu City Douglasville Farmington Maricopa Effingham County Hyde Park Maricopa County Henry County Kaysville Navajo County Roswell Logan Peoria Hailey North Logan Phoenix Hayden Pleasant Grove Pinal County Nampa Sandy Pinetop-Lakeside Post Falls Spanish Fork Queen Creek Sandpoint Wellsville San Luis Victor West Jordan Sedona Evanston Chesterfield County Show Low Anne Arundel County Goochland County Sierra Vista Calvert County Henrico County Somerton Cecil County Prince William County Surprise Charles County Spotsylvania County Taylor on Easton Stafford County 9I Tolleson I Frederick Eau Claire Tucson on Frederick County Casper Wellton Hagerstown Cheyenne Yuma Banning Salisbury Talbot County Teton County TischlerBise FISCAL I ECONOMIC I PLANNING i June 21, 2016 - Page 399 of 52! 0 Project Approach and Work Scope Project Approach Impact fees are fairly simple in concept, but complex in delivery. Generally, the jurisdiction imposing the fee must: (1) identify the purpose of the fee, (2) identify the use to which the fee is to be put, (3) show a reasonable relationship between the fee's use and the type of development project, (4) show a reasonable relationship between the facility to be constructed and the type of development, and (5) account for and spend the fees collected only for the purpose(s) used in calculating the fee. Reduced to its simplest terms, the process of calculating impact fees involves the following two steps: 1. Determine the cost of development -related capital improvements, and 2. Allocate those costs equitably to various types of development. There is, however, a fair degree of latitude granted in constructing the actual fees, as long as the outcome is "proportionate and equitable." Fee construction is both an art and a science, and it is in this convergence that TischlerBise excels in delivering products to clients. Any one of several legitimate methods may be used to calculate impact fees for the Town. Each method has advantages and disadvantages given a particular situation, and to some extent they are interchangeable because they all allocate facility costs in proportion to the needs created by development. In practice, the calculation of impact fees can become quite complicated because of the many variables involved in defining the relationship between development and the need for capital facilities. The following paragraphs discuss the three basic methods for calculating impact fees and how those methods can be applied. Plan -Based Impact Fee Calculation - The plan -based method allocates costs for a specified set of future improvements to a specified amount of development. The improvements are identified by a CIP. In this method, the total cost of relevant facilities is divided by total demand to calculate a cost per unit of demand. The plan -based method is often the most advantageous approach for facilities that require engineering studies, such as roads and utilities. Cost Recovery Impact Fee Calculation - The rationale for the cost recovery approach is that new development is paying for its share of the useful life and remaining capacity of facilities from which new growth will benefit. To calculate an impact fee using the cost recovery approach, facility cost is divided by the ultimate number of demand units the facility will serve. An oversized arterial roadway is an example. Incremental Expansion Impact Fee Calculation - The incremental expansion method documents the current level -of -service (LOS) for each type of public facility in both quantitative and qualitative measures, based on an existing service standard such as square feet per capita or park acres per capita. The LOS standards are determined in a manner similar to the current replacement cost approach used by property insurance companies. However, in contrast to insurance practices, clients do not use the funds for renewal and/or replacement of existing facilities. Rather, the jurisdiction uses the impact fee revenue to expand or provide additional facilities as needed to accommodate new Tischl re Bise FISCAL I ECONOMIC I PLANNING June 21, 2016 - Page 400 of 52! development. An incremental expansion cost method is best suited for public facilities that will be expanded in regular increments with LOS standards based on current conditions in the community. Evaluation of Alternatives. Designing the optimum impact fee approach and methodology is what sets TischlerBise apart from our competitors. Unlike most consultants, we routinely consider each of the three methodologies for each component within a fee category. The selection of the particular methodology for each component of the transportation impact fee category will be dependent on which is most beneficial for Vail. In a number of cases, we will prepare the impact fee using several methodologies and will discuss the various trade-offs with the Town. There are likely to be policy and revenue tradeoffs. We recognize that "one size does not fit all" and create the optimum format that best achieves our clients' goals. Each community is different, each fee category is different, and TischlerBise compares alternative methodologies to maximize revenues for our clients. Work Scope TASK 1: PROJECT INITIATION / DATA ACQUISITION During this task, we will meet with Town staff to establish lines of communication, review and discuss project goals and expectations related to the project, review (and revise if necessary) the project schedule, request data and documentation related to new proposed development, and discuss Town staff's role in the project. The objectives of this initial discussion are outlined below: ■ Obtain and review current demographics and other land use information for the Town of Vail ■ Review and refine work plan and schedule ■ Discuss current and previous work efforts related to this topic ■ Assess additional information needs and required staff support ■ Identify and collect data and documents relevant to the analysis ■ Identify any major relevant policy issues Meetings: One on-site visit to meet with various Town project management team. Deliverables: 1) Revisions to project schedule, if necessary. 2) Data request memorandum. TASK 2: DEVELOP LAND USE ASSUMPTIONS AND DEVELOPMENT PROJECTIONS TischlerBise will review and calculate annual projections of population, employment, housing, commercial, industrial, and other nonresidential square footage data for the Town through the year 2036. The projections will be based on discussions with staff and the review of published information from sources including the Town's General Plan, State Demographer and the U.S. Census Bureau and other TischlerBise FISCAL I ECONOMIC I PLANNING -77 June 21, 2016 - Page 401 of 52! N relevant sources. This task will serve to establish forecasts reflecting population, housing, employment, nonresidential building area, and other relevant data. TischlerBise will prepare a plan that includes projections of changes in land uses, densities, intensities, and population for a specific service area. Meetings: Discussions with the Community Development Department will be held as part of Task 1, as well as conference calls as needed. Deliverables: TischlerBise will prepare a draft technical memorandum discussing the recommended land use factors and projections. After review and sign -off by the Town, a final memorandum will be issued, which will become part of the final transportation impact fee study. TASK 3: DETERMINE CAPITAL FACILITY NEEDS AND SERVICE LEVELS In this task, TischlerBise will conduct interviews with relevant Town staff involved in the transportation impact fee program, as well as relevant finance/budget staff. There are several subtasks as part of this task: Identify Facilities/Costs Eligible for Multimodal Transportation Impact Fee Funding. As an essential part of the nexus analysis, TischlerBise will evaluate the impact of development on the need for additional road capacity by type, and identify costs eligible for impact fee funding. Elements of the analysis include: ■ Review facility plans, fixed asset inventories, and other documents establishing the relationship between development and transportation capacity needs. ■ Identify planned transportation capacity projects, vehicles, equipment, and other capital components eligible for impact fee funding. ■ Prepare forecasts of relevant transportation needs. ■ Adjust costs as needed to reflect other funding sources such as grants, State/Federal funding, and dedicated revenue streams (e.g., gas taxes). As part of calculating the fee, the Town may include the construction contract price; the cost of acquiring land, improvements, materials; the cost for planning, surveying, and engineering fees for services provided for and directly related to the constructing capacity improvement; and debt service charges (if the Town uses impact fees as a revenue stream to pay the principal and interest on bonds, notes or other obligations issued to finance the cost of capacity improvements). All of these components will be considered in developing an equitable allocation of costs. Identify Appropriate Level of Service Standards We will review needs analyses and adopted/existing transportation levels -of -service. Activities related to this task include: ■ Apply defined service standards to data on future development to identify the impacts of development on transportation capacity needs. This will include discussions with staff of existing versus adopted levels -of -service, as appropriate, and an analysis of excess capacity. TischlerBiserBise FISCAL I ECONOMIC I PLANNING June 21, 2016 - Page 402 of 52! ■ Ascertain and evaluate the actual demand factors (measures of impact) that generate the need for transportation capacity (e.g., average daily vehicle trips versus vehicle miles of travel). Meetings: Two (2) meetings with Town staff to discuss capital facility needs and levels -of -service. Deliverables: Memoranda as appropriate; See Task 7. TASK 4: EVALUATE DIFFERENT ALLOCATION METHODOLOGIES The purpose of this task is to determine the methodology most appropriate for Vail transportation impact fees, based on the Town's funding needs as well as land use and other policy objectives. As noted in our previous section, the three basic methodologies that can be applied in the calculation of impact fees are the plan -based, incremental expansion, and cost -recovery approaches. Selection of the particular transportation impact fee methodology will depend on which is most beneficial for Vail. In a number of cases, we will prepare the transportation impact fee using several methodologies and will discuss the trade-offs with the Town. This allows us to use a combination of methodologies within one fee category. For instance, a plan -based approach may be appropriate for new capacity projects, while an incremental expansion approach may be appropriate for road maintenance vehicles. By testing all possible methodologies, the Town is assured that the maximum supportable transportation impact fee will be developed. Policy discussions will then be held at the staff level regarding the trade-offs associated with the transportation impact fee methodology prior to proceeding to the next task. Meetings: One (1) conference call with Town staff to discuss issues related to allocation methodologies and Town fiscal, transportation and land use/economic development policies. Deliverables: Memoranda as appropriate. See task 7. TASK 5: DETERMINE NEED FOR AND CALCULATE "CREDITS" A consideration of "credits" is integral to the development of a legally valid transportation impact fee methodology. There is considerable confusion among those who are not immersed in impact fee law about the definition of a credit and why it may be required. There are two types of "credits" included in the calculation of impact fees, each with specific and distinct characteristics. The first is a credit due to possible double payment situations. This could occur when a property owner will make future contributions toward the capital costs of a public facility covered by an impact fee (e.g., intersection improvement). The second is a credit toward the payment of an impact fee for the required dedication of transportation infrastructure and improvements provided by the developer and for which the impact fee is imposed. Both types of credits will be considered and addressed in the impact fee study. TischlerBise - FISCAL I ECONOMIC I PLANNING 9 P June 21, 2016 - Page 403 of 52! 10 Deliverables: Memoranda as appropriate. See task 7. TASK 6: CONDUCT FUNDING SOURCE AND CASHFLOW ANALYSIS In order to prepare a meaningful transportation CIP, it is important to not only understand the gross revenues but also the capital facility costs and any deficits. In this case, consideration should be given to anticipated funding sources. This calculation will allow the Town to better understand the amount that would be needed from other sources if the impact fees were discounted. The initial cash flow analysis will indicate whether additional funds might be needed or if the CIP might need to be changed to have new growth pay its fair share of new transportation capital facilities. This could also affect the total credits calculated in the previous task. Therefore, it is likely that a number of iterations will be conducted in order to refine the cash flow analysis reflecting capital improvement needs. The results of the cash flow analysis will inform the discussion of elements of a funding strategy combining impact fees with other revenue for ineligible costs. Deliverables: Memoranda as appropriate. See Task 7. TASK 7: PREPARE MULTIMODAL TRANSPORTATION IMPACT FEE REPORT TischlerBise will prepare a draft report that will include a CIP for transportation infrastructure. TischlerBise's Transportation Impact Fee Report will have flow diagrams clearly indicating the methodology and approach, a series of tables for each component showing all of the data assumptions and figures, and a narrative explaining all of the data assumptions, sources and methodologies. The report will be a stand-alone document clearly understood by interested parties. Because of the firm's extensive experience in calculating impact fees and preparing such reports, we have developed a very succinct written product that leaves a well -understood paper trail. The report will include, at a minimum, the following information: ■ Executive Summary, ■ Detailed description of the methodologies used during the study, ■ Detailed description of all level -of -service standards and cost factors used and accompanying rationale, ■ Detailed schedule of all proposed transportation impact fees listed by land use type and activity, ■ Other information which adequately explains and justifies the resulting recommended transportation impact fee schedule, and ■ Cash Flow Analysis. Following the Town's review of the draft report, we will make mutually agreed upon changes to the Transportation Impact Fee Report. Tischl re Bise FISCAL I ECONOMIC I PLANNING June 21, 2016 - Page 404 of 52! Meetings: One (1) meetings/presentation to present the findings from the analysis. Deliverables: Draft and final reports and presentation materials for meetings. T&hlerBise FISCAL I ECONOMIC I PLANNING 11 June 21, 2016 - Page 405 of 52! 12 Project Personnel Project Team Overview Our TischlerBise project team has successfully prepared similar analyses for many communities over the past several years similar in complexity and scale to this assignment. The organizational chart shows our project team for this assignment. Our proposed Project Team of Dwayne Guthrie, Ph.D., Carson Bise, AICP, and Malcolm Munkittrick has unsurpassed experience performing projects requiring the same expertise as that needed to serve the Town of Vail. Our Project Team brings over 55 years of impact fee calculation, infrastructure finance, demographic and market analysis, and implementation experience to the Town's assignment. In summary, all three members of our Project Team are considered national thought leaders in the areas of impact fees, exactions, infrastructure finance, impact fee program administration, and implementation. Carson Bise, AICP, President of TischlerBise, will serve as Principal in Charge and coordinate our project team's interaction with the Town to ensure that all work is completed properly, on time, and within budget. He will work closely with all team members, developing and reviewing all aspects of the project and providing overall quality assurance for the project. He will also have a major role in all aspects of the project. His recent and current Colorado impact fee assignments include Boulder, Evans, Longmont, Mead, Louisville, and Thornton. Dwayne Guthrie, Ph.D., AICP, Principal at TischlerBise, has been selected as Project Manager for this project because of his substantial experience preparing capital improvement plans, transportation modeling and funding strategies, revenue strategies and impact fees, his strong project management skills. Dr. Guthrie will be responsible for controlling the work in progress, providing feedback to project team members and staff, and meeting the technical requirements of the project. Most importantly, Dr. Tischl re Bise FISCAL I ECONOMIC I PLANNING June 21, 2016 - Page 406 of 52! Guthrie, in conjunction with Mr. Bise, will ensure constant collaboration and communication between County staff and our team through frequent progress memorandums, conference calls, and in-person meetings. Dr. Guthrie's Colorado clients include Boulder, Erie, Johnstown, Arapahoe County, Garfield County, Montezuma County and Pitkin County. Malcolm Munkittrick, Consultant at TischlerBise, will also assist with this assignment. Mr. Malcolm Munkittrick has over 3 years of relevant experience preparing fiscal analyses, market analysis, capital improvement plans, development fees, and revenue strategies for local governments. Mr. Munkittrick will provide analytical and GIS support as needed throughout the process. Project Team Resumes L. Carson Bise, 11, AICP, President Carson Bise has 25 years of fiscal, economic and planning experience and has conducted fiscal and infrastructure finance evaluations in 37 states. Mr. Bise is a leading national figure in the calculation of impact fees, having completed over 250 impact fees for the following categories: parks and recreation, open space, police, fire, schools, water, sewer, roads, municipal power, and general government facilities. Mr. Bise has also written and lectured extensively on fiscal impact analysis and infrastructure financing. His most recent publications are Next Generation Transportation Impact Fees and Fiscal Impact Analysis: Methodologies for Planners, both published by the American Planning Association, a chapter on fiscal impact analysis in the book Planning and Urban Design Standards, also published by the American Planning Association, and the ICMA IQ Report, Fiscal Impact Analysis: How Today's Decisions Affect Tomorrow's Budgets. Mr. Bise was also the principal author of the fiscal impact analysis component for the Atlanta Regional Commission's Smart Growth Toolkit and is featured in the recently released AICP CD-ROM Training Package entitled The Economics of Density. Mr. Bise is currently on the Board of Directors of the Growth and Infrastructure Finance Consortium and recently Chaired the American Planning Association's Paying for Growth Task Force. He was also recently named an Affiliate of the National Center for Smart Growth Research & Education. COLORADO CONSULTING EXPERIENCE ■ City of Boulder, Colorado — Impact Fee/Excise Tax Study ■ Town of Castle Rock, Colorado — Impact Fee Study ■ Town of Castle Rock — Fiscal Impact Model ■ City of Castle Pines — Fiscal Impact Model ■ City of Evans — Impact Fee Study ■ City of Greeley, Colorado — Impact Fee Study ■ City of Longmont, Colorado — Impact Fee Study ■ City of Louisville, Colorado — Impact Fee Study ■ City of Louisville, Colorado — Fiscal Impact Model ■ City of Thornton, Colorado — Impact Fee Study ■ City of Westminster, Colorado — Fiscal Impact Model ■ City of Steamboat Springs, Colorado — Impact Fee Study EDUCATION M.B.A., Economics, Shenandoah University TischlerBise FISCAL I ECONOMIC I PLANNING 13 June 21, 2016 - Page 407 of 52! 14 B.S., Geography/Urban Planning, East Tennessee State University B.S., Political Science/Urban Studies, East Tennessee State University CERTIFICATIONS AND LICENSES Member, American Institute of Certified Planners RECENT SPEAKING ENGAGEMENTS ■ Fiscal Impact Assessment, AICP Training Workshop, APA National Planning Conference ■ Dealing with the Cost of Growth: From Soup to Nuts, ICMA National Conference ■ Demand Numbers for Impact Analysis, National Impact Fee Roundtable ■ Economics of Density, APA National Conference ■ The Cost/Benefit of Compact Development Patterns, APA National Conference ■ Fiscal Assessments, APA National Conference ■ From Soup to Nuts: Paying for Growth, APA National Conference ■ Growing Pains, ICMA National Conference ■ Mitigating the Impacts of Development in Urban Areas, Florida Chapter of the APA ■ Impact Fee Basics, National Impact Fee Roundtable ■ Fiscal Impact Analysis and Impact Fees, National Impact Fee Roundtable PUBLICATIONS ■ "Next Generation Impact Fees," American Planning Association Planners Advisory Memo ■ "Fiscal Impact Analysis: Methodologies for Planners," American Planning Association. ■ "Planning and Urban Design Standards," American Planning Association, Contributing Author on Fiscal Impact Analysis. ■ "Fiscal Impact Analysis: How Today's Decisions Affect Tomorrow's Budgets," ICMA Press. ■ "The Cost/Contribution of Residential Development," Mid -Atlantic Builder. ■ "Are Subsidies Worth It?" Economic Development News & Views. ■ "Smart Growth and Fiscal Realities," ICMA Getting Smart! Newsletter. ■ "The Economics of Density," AICP Training Series, 2005, Training CD-ROM (APA) Dwayne Guthrie PhD, AICP, Principal Dr. Guthrie has 32 years of experience as a professional planner, working primarily in the areas of impact fees, demographic analysis, infrastructure funding, fiscal evaluations, and transportation planning. His career includes 23 years of work as a planning consultant and eight years of public sector experience. At TischlerBise, Dr. Guthrie is the impact fee team leader, with over 380 studies completed for approximately 120 jurisdictions, in twenty-five states/provinces. Dr. Guthrie has also served as an expert witness on the topic of impact fees. As a planning practitioner, Dr. Guthrie promotes smart growth through revenue strategies and pricing policies. By helping communities implement development impact fees, local governments create a nexus between private sector development and the demand for public facilities. Rather than subsidize growth with general tax revenues, Dr. Guthrie works to ensure designated funding for infrastructure that also helps to minimize Tischl re Bise FISCAL I ECONOMIC I PLANNING June 21, 2016 - Page 408 of 52! externalities like traffic congestion. He has pioneered innovative methods for tabulating census data to support higher fees for larger housing units and reducing fees for infill development located in urban centers. COLORADO CONSULTING EXPERIENCE ■ Pitkin County, Colorado - Funding Strategy & Impact Fee ■ City of Boulder, Colorado - Development Excise Taxes ■ Town of Castle Rock, Colorado - Impact Fees and Evaluation of Douglas County School Fees ■ Garfield County - Transportation Impact Fee ■ Montezuma County, Colorado - Impact Fee ■ Town of Erie, Colorado - Impact Fees ■ City of Evans, Colorado - Impact Fees ■ Town of Johnstown, Colorado - Drainage Financing Alternatives, Development Impact Fees ■ Arapahoe County, Colorado - Rural Road Funding Strategy ■ City of Louisville, Colorado - Impact Fees ■ City of Pueblo, Colorado - Impact Fee ■ Town of Vail, Colorado - Impact Fee EDUCATION Ph.D., Planning, Governance, and Globalization, Virginia Tech M.A., Urban and Regional Planning, University of Florida B.A., Education, University of Florida CERTIFICATIONS AND LICENSES Member, American Institute of Certified Planners RECENT SPEAKING ENGAGEMENTS ■ "Impact Fees", Utah City Engineers Association. ■ "Funding the Infrastructure Gap," American Planning Association National Conference ■ "Development Impact Fees," Association of Idaho Cities Conference ■ "Impact Fees: The Good, The Bad and The Ugly," Continuing Legal Education International, Growth Management Conference ■ "Do Impact Fees Fit Your Comprehensive Revenue Strategy?" Rocky Mountain Land Use Institute Conference PUBLICATIONS ■ Paul Tischler, Dwayne Guthrie and Nadejda Mishkovsky. 1999. "Introduction to Infrastructure Financing" IQ Service Report, Vol. 31, No. 3. Washington, DC: International City/County Management Association ■ "Next Generation Transportation Impact Fees," American Planning Association, Planners Advisory Service. TischlerBise FISCAL I ECONOMIC I PLANNING 15 June 21, 2016 - Page 409 of 52! 114 - 16 Malcolm Munkittrick, Consultant Malcolm Munkittrick is a Fiscal and Economic Analyst at TischlerBise with specialties in finance and economic development planning. Prior to joining TischlerBise, Mr. Munkittrick worked on real estate and economic development projects for clients in the Town of Graham, North Carolina and the City of Durham, North Carolina. During this time, he conducted field surveys to determine the economic health of business districts and wrote market studies, developed financial pro forma and crafted public-private partnership strategies, and analyzed economic development initiatives. Prior to his real estate and economic development experience, Mr. Munkittrick worked for the Orange County, North Carolina Department of Environment, Agriculture, and Parks and Recreation, where he gained experience in environmental assessment. This position provided practical experience with next -generation transportation, storm water, and water service metrics and insight into the daily operations of a public sector planning department. Mr. Munkittrick also possesses professional experience with a firm specializing in historic preservation, where he coauthored a preservation and future use analysis report for a historic structure in Connecticut, and with Wilkes County, North Carolina, where he used GIS and tax assessment data to identify substandard mobile and manufactured homes and advise County leaders on potential policies aimed at improving the County's low-income housing stock. Mr. Munkittrick is a LEED Accredited Professional in Neighborhood Development. SELECTED IMPACT FEE AND INFRASTRUCTURE FUNDING STRATEGY EXPERIENCE ■ City of West Jordan, Utah – Impact Fee Study ■ School District of Pasco County, Florida – School Impact Fee Study ■ Village of Islamorada, Florida – Impact Fee Study ■ Town of Erie, Colorado – Impact Fee Study ■ City of Bentonville, Arkansas – Impact Fee Study ■ Big Sky Water and Sewer District, Montana – Impact Fee Study ■ City of Suisun City, California – Impact Fee Study ■ Orange County, NC – School Impact Fee Study ■ City of Hailey, Idaho – Fiscal Impact Model ■ City of Chesapeake, Virginia — Fiscal Impact Model ■ Town of Mashpee, Massachusetts – Fiscal Impact Model EDUCATION Master of City and Regional Planning, Land Use and Environmental Planning, UNC -Chapel Hill Master of Public Administration, City Management, UNC -Chapel Hill Bachelor of Science in Foreign Service, International History, Georgetown University Tischl re Bise FISCAL I ECONOMIC I PLANNING June 21, 2016 - Page 410 of 52! Proposed Cost Schedule and Hourly Rates The following figure provides our fixed fee cost proposal. Proposed Fee Schedule for Transportation Impact Fee Study Project Team Member: Bise Guthrie Mun kittric Total Schedule, if necessary Task 2: Develop Land Use Assumptions Hourly Rate* $200 $180 $175 Hours Cost Tasks Land Use Factors and Projections Task 3: Determine Capital Needs and August - October, 2016 2 Task 1: Project Initiation/Data Collection 8 8 0 16 $3,040 Task 2: Develop Land Use Assumptions and Development Projecti 4 12 22 38 $6,810 Task 3: Determine Capital Needs and Service Levels 18 60 16 94 $17,200 Task 4: Evaluate Different Allocation Methodologies 8 16 2 26 $4,830 Task 5: Determine Need for "Credits" 4 16 0 20 $3,680 Task 6: Conduct Funding Source and Cash Flow Analysis 2 2 8 12 $2,160 Task 7: Prepare Transportation Impact Fee Report 16 40 16 72 $13,200 Total Hours and Cost: 60 154 64 278 $50,920 Travel and Related Expenses $1,800 $3,600 $0 $5,400 Total Cost: $56,320 Proposed Schedule The following table provides our proposed project schedule for the Town's assignment. The schedule is inclusive of all tasks, meetings, and deliverables outlined in the Scope of Work. PROJECT SCHEDULE FOR TOWN OF VAILS, COLORADO Tasks Timeframe Meetings* Meetings/Deliverables Task 1: Project Initiation/Data Collection July, 2016 1 Data Request Memorandum and Revised Project Schedule, if necessary Task 2: Develop Land Use Assumptions July, 2016 Part of Task 1 Technical Memorandum Discussing Recommended and Development Projections Land Use Factors and Projections Task 3: Determine Capital Needs and August - October, 2016 2 Memoranda as Appropriate; See Task 7 Service Levels Task 4: Evaluate Different Allocation October, 2016 0 Memoranda as Appropriate; See Task 7 Methodologies Task 5: Determine Need for "Credits" October, 2016 0 Memoranda as Appropriate; See Task 7 Task 6: Conduct Funding Source and October, 2016 0 Memoranda as Appropriate; See Task 7 Cash Flow Analysis Task 7: Prepare Transportation Impact ctober - November, 201 1 Draft and Final Transportation Impact Fee Report; Fee Report r I Presentation Materials as Appropriate *In several cases it is assumed meetings are held with multiple departments over one (1) trip. TischlerBise FISCAL I ECONOMIC I PLANNING 17 June 21, 2016 - Page 411 of 52! T ISChIerBise FISCAL I ECONOMIC I PLANNING Principal Office 4701 Sangamore Road, Suite S240 Bethesda, MD 20816 301.320.6900 x12 (w) 1301.320.4860 (f) carson@tischlerbise.com Florida Office: 6063 rd Avenue West #305 1 Bradenton, FL 34205 TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Ordinance No. 12, Series of 2016, First Reading, An Ordinance Amending Ordinance No. 14, Series of 2015, Adopting by Reference the 2015 Edition of the International Plumbing Code. PRESENTER(S): George Ruther, Director of Community Development ACTION REQUESTED OF COUNCIL: Approve, approve with modifications or deny Ordinance No. 12, Series of 2016. BACKGROUND: The Vail Town Council adopted Ordinance No. 14, Series of 2015 in October of 2015. In doing so, the building codes of the Town of Vail were updated to the most recent version of the codes at that time. Since that time, the State of Colorado has adopted the 2015 Edition of International Plumbing Code, more commonly referred to as the "Colorado Plumbing Code". The purpose of this ordinance is to ensure the Town of Vail is up to date on the adoption of the most recent building codes. STAFF RECOMMENDATION: The Community Development Department recommends the Vail Town Council adopts Ordinance No. 12, Series of 2016, as read. ATTACHMENTS: Description Ordinance No. 12, Series of 2016 —Adoption of the 2015 Edition of the International Plumbing Code Memorandum Ordinance No. 12, Series of 2016 June 21, 2016 - Page 413 of 52! Memorandum To: Vail Town Council From: George Ruther, Director of Community Development Date: June 21, 2016 Subject: Ordinance No. 12, Series of 2016 — Adoption of the 2015 Edition of the International Plumbing Code. Purpose of the Public Hearing The purpose of this public hearing is to present Ordinance No. 12, Series of 2016, an Ordinance amending Ordinance No. 14, Series of 2015, adopting by reference the 2015 Edition of the International Plumbing Code, and setting forth details in regard thereto. No local amendments to the International Plumbing Code are proposed. The adoption of Ordinance No. 12, Series of 2016 helps the Vail Town Council achieves it adopted goal of "growing a thriving and balanced community'. Background In October of 2015, the Vail Town Council adopted Ordinance No. 14, Series of 2015. The purpose of the ordinance was to update the Town's building code by adopting the most recent versions of the codes published at the time. At that time, the most recent published version of the International Plumbing Code was the 2102 Edition. Since that time, however, the International Code Council has published the 2015 Edition of the International Plumbing Code. The newly published edition of the International Plumbing Code has been adopted by the State of Colorado. This is more commonly referred to as the "Colorado Plumbing Code". Plumbing contractors and similar plumbing -related professionals are licensed by the State of Colorado. As an obligation of their licensure, plumbing contractors are required to complete their work in compliance with the Colorado Plumbing Code. III. Examples of Changes The International Code Council (ICC) is responsible for the formulation of the International Codes (i.e., plumbing code, building code, mechanical code, fuel gas code, etc.). Upon publishing updated editions of the respective codes, ICC also publishes a reference document entitled, "Significant Changes to the International Plumbing Code". The purpose of this document is to highlight the additions, modifications and clarifications to the code requirements. June 21, 2016 - Page 414 of 52! In the case of the 2015 Edition of the International Plumbing Code, no significant changes exist, and therefore, no local amendments are being proposed. Examples of changes include: • Floor drains are now considered waste receptors. • Water coolers or water dispensers are now substitutable for a drinking fountain. • Fat, Oil, and Grease Disposal Systems are now an additional form of grease interceptor that can be used. • Required Public Toilet Facilities are no longer required for small businesses where quick transactions, such as take out, pick up and drop off occurs. In summary, the majority of the changes and modifications broaden or further expand the means and methods whereby a plumbing contractor can comply with the requirements of the code and makes the use of newly developed technology and plumbing materials permissible. III. Action Requested The Vail Town Council shall approve, approve with modifications, or deny Ordinance No. 12, Series of 2106 on first reading. IV. Staff Recommendation The Community Development Department recommends the Vail Town Council approves Ordinance No. 12, Series of 2016 as read. 2 June 21, 2016 - Page 415 of 52! ORDINANCE NO. 12 SERIES OF 2016 AN ORDINANCE AMENDING ORDINANCE NO. 14, SERIES OF 2015, ADOPTING BY REFERENCE THE 2015 EDITION OF THE INTERNATIONAL PLUMBING CODE AND SETTING FORTH DETAILS IN REGARD THERETO. WHEREAS, the 2015 Edition of the International Plumbing Code as adopted by the State of Colorado and more commonly referred to as the "Colorado Plumbing Code" has been published; and WHEREAS, the Vail Town Council finds that the adoption of the Colorado Plumbing Code in this ordinance will promote the health, safety, and general welfare of the Town and promote the coordinated and harmonious development of the Town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. Chapter 1 of Title 10 of the Vail Town Code is hereby amended to read as follows: 10-1-1: CODES ADOPTED BY REFERENCE: E. Plumbing Code: The International Plumbing Code, 2-012 2015 Edition, published by the International Code Council, 4051 West Flossmoor Road, Country Club Hills, 11 60478-5795. 10-1-6: AMENDMENTS TO INTERNATIONAL PLUMBING CODE: The Town hereby adopts by reference all amendments to the International Plumbing Code, 2-012 2015 Edition, adopted by the State of Colorado and referred to as the "Colorado Plumbing Code." Section 2. The Code adopted by this Ordinance shall be effective for all Building Permit Applications received by the Town's Community Development Department, Building Safety and Inspection Services on or after July 6, 2016. 1 June 21, 2016 - Page 416 of 52! INTRODUCED, READ ON FIRST READING, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON FIRST READING this 21St day of June, 2016 and a public hearing and second reading of this Ordinance set for the 5t" day of July, 2016, at 6:00 P.M. in the Council Chambers of the Vail Municipal Building, Vail, Colorado. Dave Chapin, Mayor ATTEST: Patty McKenny, Town Clerk INTRODUCED, READ, ADOPTED AND ENACTED ON SECOND READING AND ORDERED PUBLISHED IN FULL this day of , 2016. ATTEST: Patty McKenny, Town Clerk 2 Dave Chapin, Mayor June 21, 2016 - Page 417 of 52! TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Ordinance No. 14, Series of 2016 Snowberry Drive Right -of -Way Land Swap PRESENTER(S): Tom Kassmel, Town Engineer ACTION REQUESTED OF COUNCIL: Approve, approve with amendments or deny Ordinance No. 14, Series of 2016 on first reading. BACKGROUND: Request for a land swap of private property and town right of way, exchanging excess right of way for private property which has Snowberry Drive encroaching within it. STAFF RECOMMENDATION: Approve Ordinance No. 14, Series of 2016 on first reading. ATTACHMENTS: Description Staff Memo Ordinance No. 14, Series of 2016 Ordinance No. 14 Exhibit A June 21, 2016 - Page 418 of 52! 0) TOWN OF VAIL ` Memorandum To: Town Council From: Public Works Department Date: 6-21-16 Subject: Ordinance No. 14 Series 2016: Snowberry Right of Way Land Transfer I. SUMMARY The property owner of Lot 16, Block 9 of the Vail Intermountain Subdivision, at 2974 Snowberry, is in the process of designing a new residence. During the review of the design it was identified that Snowberry Drive has a significant amount of excess Right of Way (ROW) that runs up the steep hillside in one area; the roadway encroaches onto the private property in another area; and within a third area a roadway cut slope encroaches into the private property. Staff has worked with the owner to come up with an amenable solution that will transfer equal portions of property in order to transfer the excess ROW to the property owner and then also equally transfers portions of property to the town that provides ROW for the roadway encroachment and the roadway cut slope. The land transfer includes a transfer of parcels of equal size each equaling approximately 3000 SF(See attached Exhibits) Town staff recommends that Town Council approve the land transfer by approving Ordinance No. 14 Series 2016. II. ATTACHEMENTS Ordinance No. 14 Land Swap Exhibits June 21, 2016 - Page 419 of 52! Town of Vail Page 2 June 21, 2016 - Page 420 of 52! ORDINANCE NO. 14 SERIES 2016 AN ORDINANCE AUTHORIZING THE SALE OF REAL PROPERTY ALONG SNOWBERRY DRIVE, IN EXCHANGE FOR THE PURCHASE OF REAL PROPERTY ALONG SNOWBERRY DRIVE WHEREAS, the Town has discovered that a portion of Snowberry Drive encroaches onto private property; WHEREAS, to correct this issue, the Town and Gary P. and Jeane M. Manchester, the owners of Lot 16, Block 9, Vail Intermountain Subdivision, have agreed to a land exchange, subject to approval of the Town Council; WHEREAS, Section 4.8 of the Vail Town Charter requires that the Town Council authorize the sale of real property by ordinance; WHEREAS, the Town Council finds and determines that the sale of a portion of the real property shown as Tract C on Exhibit A, attached hereto and incorporated herein by this reference to Gary P. and Jeane M. Manchester, in exchange for the purchase of the real property shown as Tracts A and B in Exhibit A, attached hereto and incorporated herein by this reference, is in the best interest of the public health, safety and welfare; and WHEREAS, based on information received from Town staff, the Town Council finds and determines that the fair market value of Tract C is roughly equivalent to the fair market value of Tracts A and B, and therefore, an even exchange is appropriate. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. Pursuant to Section 4.8 of the Vail Town Charter, the Town Council hereby authorizes the sale of Tract C to Gary P. and Jeane M. Manchester, in exchange for the purchase by the Town of Tracts A and B, pursuant to the terms of a purchase and sale agreement between the parties in a form approved by the Town Attorney. No consideration other than the exchange of the two parcels of real property shall be necessary. Section 2. If any part, section, subsection, sentence, clause or phrase of this ordinance is for any reason held to be invalid, such decision shall not effect the validity of the remaining portions of this ordinance; and the Town Council hereby declares it would have passed this ordinance, and each part, section, subsection, sentence, clause or phrase thereof, regardless of the fact that any one or more parts, sections, subsections, sentences, clauses or phrases be declared invalid. Section 3. The Town Council hereby finds, determines and declares that this ordinance is necessary and proper for the health, safety and welfare of the Town of Vail and the inhabitants thereof. 1 6/16/2016 IIVWS-STORAGEIDESKTOPS$ITNA GEL IDESKTOPIMANCHESTER ROW TRANSFER-0061616.DOC June 21, 2016 - Page 421 of 52! Section 4. All bylaws, orders, resolutions and ordinances, or parts thereof, inconsistent herewith are repealed to the extent only of such inconsistency. This repealer shall not be construed to revise any bylaw, order, resolution or ordinance, or part thereof, theretofore repealed. INTRODUCED, READ ON FIRST READING, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON FIRST READING this 21St day of June, 2016 and a public hearing for second reading of this Ordinance set for the 5t" day of July, 2016, in the Council Chambers of the Vail Municipal Building, Vail, Colorado. David Chapin, Mayor ATTEST: Patty McKenny, Town Clerk READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED this 21St day of June, 2016. David Chapin, Mayor ATTEST: Patty McKenny, Town Clerk 2 6/16/2016 IIVWS-STORAGEIDESKTOPS$ITNA GEL IDESKTOPIMANCHESTER ROW TRANSFER-0061616.DOC June 21, 2016 - Page 422 of 52! EDGE OF R.O.W. O �o L I EXISTING EDGE OF ASPHALT 0 TRACT B LOT 16 NO2°23'05"W 15.00' EDGE OF R.O.W. \XISTING EDGE OF ASPHALT - G (50' RIGHT—OF—WAY) N 87°37' 10"E 124.00' N87°36'55"E INDICATES HIGH DEBRIS FLOW OFFICIAL DEBRIS FLOW HAZARD MAP TOWN OF VAIL, ADOPTED OCTOBER 17, 2000 ;pO O- O EXISTING EDGE OF ASPHALT OVERLAP INTO TRACT A FOUND No. 5 REBAR WITH RED PLASTIC CAP L.S. No. 26626 \TRACT A LOT 16 588.884 sq.ft. TRACT C TOWN OF VAIL BUILDING SETBACK N 87°36' 55"E — 382.00 S07°12'29"E 20.40' June 21, 2016 - Page 423 of 529 EXISTING EDGE OF ASPHALT LOT ' 1.1454 ACRES ADDRESS: 2734 SNOWBERRY DRIVE LO T 16 0.712 ACRES ADDRESS: 2794 SNOWBERRY DRIVE EXHIBIT DESCRIPTION LOT 16, BLOCK 9. VAIL INTERMOUNTAIN SUBDIVISION 002794 SNOWBERRY DRIVE, VAIL, CO, 81657 DATE: 05/30/16 I PLC JOB#: 1602.1 I SHEET 1 of 1 FOUND No. 4 REBAR +WITH ALUMINUM CAP L.S. No. 5933 i' TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Resolution No. 22, Series of 2016, A Resolution Establishing the 2016 Payment of Fees in Lieu for Each Employee to be Housed, as Required by Chapter 12-23, Commercial Linkage, and for Each Square Foot, as Required by Chapter 12-24 Inclusionary Zoning, Vail Town Code, and Setting Forth Details in Regard Thereto. PRESENTER(S): Alan Na=aro, Housing Manager ACTION REQUESTED OF COUNCIL: Approve, approve with modifications or deny Resolution No. 22, Series of 2016 BACKGROUND: The Town has not adjusted its administrative fee since it was established in 2007. The current averaging does not reflect present day conditions in the market. The AMI used currently doesn't reflect the wage levels of employees in the community. STAFF RECOMMENDATION: Staff recommends that based upon the past discussions with Council that the Vail Town Council: • Amend the Fee in Lieu calculation formula to reflect administrative fees corresponding to the average increase in labor cost to the Town of Vail over time as illustrated. • Amend the Fee in Lieu calculation formula to remove the averaging of the fees with the two previous years to better reflect current market conditions. • Amend the Fee in Lieu calculation formula to reflect an percentage of AMI, which more closely reflects current employee wages within the community by adopting the fee in lieu Resolution 22 Series 2016 with the fees calculated in Attachment B — 100% AMI . ATTACHMENTS: Description Fee In Lieu Memo Resolution No. 22 June 21, 2016 - Page 424 of 52! rowN ofvain Memorandum To: Vail Town Council From: Community Development Department Date: June 21, 2016 Subject: Resolution No. 22, Series 2016 - Fees in Lieu Calculation I. PURPOSE At the June 7, 2016 Vail Town Council Meeting, the Town Council requested that options be explored for the fee in lieu amount for mitigation of employee housing impacts calculated following the Town's currently adopted methodology. Attached please find the aforementioned calculations and the resolution for Town Council adoption. 1. Does Town Council wish to increase the Administrative Fees added to the fee in lieu calculated gaps? 2. Does Town Council wish to amend the fee in lieu calculation by changing the percent of AMI currently used from 120% to 100% or 80%? 3. Does Council Wish to amend the current formula by dropping the three-year averaging requirement? II. BACKGROUND The 2013 employee housing fee in lieu amount reflects the gap between a two -person household earning 120% of the Area Median Income ("AMI") and the median cost per unit plus an administrative fee of $3,000 per employee or $3.65 per square foot. The current fees the are $74,481 per employee or $134.65 per square foot In 2010 the Vail Town Council amended the calculation method to include averaging the fee in lieu amount with the previous two years to more accurately reflect market conditions and remove year to year volatility in the fee. III. FEE IN LIEU CALCULATION FORMULA OPTIONS • Adjust the Administrative Fee The Town of Vail charges an administrative fee of $3.65 per square foot or $3,000 per employee to be housed. The Town has not adjusted its administrative fee since it was established in 2007. Based on the obligation the Town assumes to provide new deed restricted employee housing, with the acceptance of fees in lieu of providing the requisite employee housing, it may be appropriate to adjust the administrative fee to more accurately recover expenses incurred by the Town. June 21, 2016 - Page 425 of 52! Labor costs for the Town of Vail have increased a total of 30.13% since 2008. This averages to 3.77% per year over that time. If the simple average interest rate were applied to the initial Administrative Fee of $3000 per employee set in 2007, then the result would be an increase to $4,033. At the same rate of increase the square foot price would have increased to $4.90 over that same period. Fee Increase Using Rate of Income Growth $4,200 $4,100 $4,000 $3,900 $3,800 Dollar $3,700 Amount $3,600 $3,500 $3,400 $3,300 $3,200 $3,100 $3,000 $4,033 $3,886 $3,745 $3,609- ..1 47R 2008 2009 2010 2011 2012 2013 2014 2015 2016 Year Options: Using the Town's current methodology and assumptions for calculating the fee in lieu amounts for 2016 each calculation would result in a different affordability gap greater than the fee being used today ($74,481 per employee and $134.65 per square). If the fee is not averaged with the e preceding two years and the increased administrative fees are imposed, then the amounts become: o 120% (Attachment A) Fee in Lieu per Employee Fee in Lieu per Square Foot o 100% (Attachment B) - Fee in Lieu per Employee Fee in Lieu per Square Foot o 80% (Attachment C) - Fee in Lieu per Employee Fee in Lieu per Square Foot $92,400 (24.06% increase) $165.90 (23.21 % increase) $136,400 (83.13% increase) $245.90 (82.62% increase) $177,733 (138.63% increase) $320.90 (138.32% increase) The graphs below illustrate the differences between each percentage of AMI has for annual income and purchase price versus the median cost of a free market unit in Vail. This results in the gaps per employee and per square foot. Town of Vail Page 2 June 21, 2016 - Page 426 of 52! $500,000 $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 $300.00 $250.00 $200.00 $150.00 $100.00 $50.00 $0.00 Town of Vail Adjust Target AMI For 2 -Person HH $440,550 $440,550 $440,550 ■ Annual Income ■ Purchase Price Median Cost 825 Sq. Ft. 120% AMI 100% AMI 180 80% AMI Gap per Employee 120% AMI 100% AMI 80% AMI Gap Per Sq. Ft. $3 $241.00 80 120% 100% AMI AMI 16.00 ■ Series1 ° AMI Page 3 June 21, 2016 - Page 427 of 52! IV. STAFF RECOMMENDATION Staff recommends that the Vail Town Council: • Amend the Fee in Lieu calculation formula to reflect administrative fees corresponding to the average increase in labor cost to the Town of Vail over time as illustrated above. • Amend the Fee in Lieu calculation formula to remove the averaging of the fees with the two previous years. • Amend the Fee in Lieu calculation formula to reflect 100%e of AMI, which more accurately reflects current employee wages within the community by adopting the fee in lieu Resolution 22 Series 2016. V. ACTION REQUESTED OF TOWN COUNCIL Adopt Resolution No. 22, Series of 2016, as proposed. Town of Vail Page 4 June 21, 2016 - Page 428 of 52! ATTACHMENT A — 120% AMI 2016 Fee in Lieu Calculation 120% Area Median Income (2 -person household)* $84,960 Affordable Monthly Housing Payment $ 2,124 Property Taxes/Insurance/HOA (20-25% of Housing Payment) $ 466 Mortgage Payment $ 1,658 Maximum Mortgage Amount $292,600 Affordable Purchase Price $308,000 Square Feet of Unit 825 2015 Median Price per Square Foot (all units)** $ 534 Cost per Unit $440,550 Affordability Gap/Payment per Unit in Lieu $ 132,550 ***Assumes 5% down, 5.5% interest for 30 years. Gap per Employee (1.5 emps/household on average) $ 88,367 Administrative Fee per Employee $ 4,033 Fee per Square Foot per Employee $161.00 Administrative Fee per Square Foot per Employee $ 4.90 Fee in Lieu per Employee $92,400*** Fee in Lieu per Square Foot $165.90 (Note — these figures to be established annually by the Vail Town Council) * As published by the US Department of Housing and Urban Development FY 2015 only available at this time. ** Calculated using 2016 Eagle County Assessor's Data Base *** Rounded to the nearest dollar Town of Vail Page 5 June 21, 2016 - Page 429 of 52! ATTACHMENT B — 100% AMI 2016 Fee in Lieu Calculation Formula 100% Area Median Income (2 -person household)* $70,800 Affordable Monthly Housing Payment $ 1,770 Property Taxes/Insurance/HOA (20-25% of Housing Payment) $ 354 Mortgage Payment $ 1,380 Maximum Mortgage Amount $229,900 Affordable Purchase Price $242,000 Square Feet of Unit 825 2015 Median Price per Square Foot (all units)** $ 534 Cost per Unit $440,550 Affordability Gap/Payment per Unit in Lieu $ 198,550 ***Assumes 5% down, 5.5% interest for 30 years. Gap per Employee (1.5 employees/household on average) $132,367 Administrative Fee per Employee $ 4,033 Fee per Square Foot per Employee $241.00 Administrative Fee per Square Foot per Employee $ 4.90 Fee in Lieu per Employee $136,400 Fee in Lieu per Square Foot $245.90 (Note — these figures to be established annually by the Vail Town Council) * As published by the US Department of Housing and Urban Development FY 2015 only available at this time. ** Calculated using 2016 Eagle County Assessor's Data Base *** Rounded to the nearest dollar Town of Vail Page 6 June 21, 2016 - Page 430 of 52! ATTACHMENT C — 80% AMI 2016 Fee in Lieu Calculation Formula 80% Area Median Income (2 -person household)* $56,640 Affordable Monthly Housing Payment $ 1,416 Property Taxes/Insurance/HOA (20-25% of Housing Payment) $ 437 Mortgage Payment $ 971 Maximum Mortgage Amount $171,000 Affordable Purchase Price $180,000 Square Feet of Unit 825 2015 Median Price per Square Foot (all units)** $ 534 Cost per Unit $440,550 Affordability Gap/Payment per Unit in Lieu $ 260,550 ***Assumes 5% down, 5.5% interest for 30 years. Gap per Employee (1.5 emps/household on average) $173,700 Administrative Fee per Employee $ 4,033 Fee per Square Foot per Employee $316.00 Administrative Fee per Square Foot per Employee $ 4.90 Fee in Lieu per Employee $177,733 Fee in Lieu per Square Foot $320.90 (Note — these figures to be established annually by the Vail Town Council) * As published by the US Department of Housing and Urban Development FY 2015 only available at this time. ** Calculated using 2016 Eagle County Assessor's Data Base *** Rounded to the nearest dollar Town of Vail Page 7 June 21, 2016 - Page 431 of 52! RESOLUTION NO. 22 Series of 2016 A RESOLUTION ESTABLISHING THE 2016 PAYMENT OF FEES IN LIEU FOR EACH EMPLOYEE TO BE HOUSED, AS REQUIRED BY CHAPTER 12-23, COMMERCIAL LINKAGE, AND FOR EACH SQUARE FOOT, AS REQUIRED BY CHAPTER 12-24, INCLUSIONARY ZONING, VAIL TOWN CODE, AND SETTING FORTH DETAILS IN REGARD THERETO. WHEREAS, on April 3, 2007 the Vail Town Council adopted of Ordinance Nos. 7 & 8, Series of 2007 establishing Commercial Linkage and Inclusionary Zoning requirements in the Town of Vail; and WHEREAS, pursuant to Sections 12-23-6 and 12-24-6, Methods of Mitigation, payment of fees in lieu is one of five methods by which the mitigation of employee housing required may be accomplished; and WHEREAS, in accordance with Sections 12-23-6 and 12-24-6, the fees in lieu for each employee to be housed and for each square foot of employee housing required shall be established annually by resolution of the Vail Town Council; and WHEREAS, the Vail Town Council has determined that the proposed fee in lieu amounts accurately reflect the affordability gap between a two person household earning 100% of the 2016 Area Median Income (AMI) and the 2016 Median Cost per Unit; WHEREAS, the Vail Town Council has determined the proposed fee in lieu amount should be calculated and not averaged with the two (2) previous years to more accurately reflect current market conditions; and WHEREAS, the Vail Town Council finds that this Resolution furthers the development objectives of the Town and is in the best interest of the Town as it promotes the coordinated and harmonious development of the Town in a manner that conserves and enhances the availability of employee housing within the Town of Vail. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO: 1. Establishment of Fees in Lieu a. The fees in lieu for each employee to be housed or for each square foot of employee housing provided in accordance with Chapters 12-23, Commercial Linkage, and 12-24, Inclusionary Zoning, shall be established annually by resolution of the Town Council, provided that, in calculating that fee, the Town Council shall include the net cost (total cost less the amount covered by rental or sale income) of real property and all related planning, design, site development , legal, construction and construction management costs of the project, in current dollars, which would be incurred by the Town to provide housing for the Resolution No. 22, Series of 2016 6/21/2016 Page 1 of 3 June 21, 2016 - Page 432 of 52! employee to be housed or for each square foot of employee housing provided in that year; b. An administrative fee of $4,033/per employee or $4.90 per square foot shall be added to the amount set forth in paragraph a hereof. C. Fees in lieu shall be calculated each year to establish the new annual fees in lieu. d. Fees in lieu shall be due and payable prior to the issuance of a building permit for the development. e. The Town shall only use monies collected from fees in lieu to provide employee housing. The calculation formula for fee in lieu has been attached for reference (Exhibit A). 2. 2016 Payment of Fees in Lieu Amounts as calculated in Attachment -_ below a. Fee in lieu per employee (commercial linkage) _ $136,400 b. Fee in lieu per square foot (inclusionary zoning) _ $245.90 3. Effective Date of the Resolution This Resolution shall be effective immediately upon adoption. INTRODUCED, READ, APPROVED AND ADOPTED this 21st day of June, 2016. Dave Chapin, Mayor, Town of Vail ATTEST: Patty McKenny, Town Clerk Resolution No. 22, Series of 2016 6/21/2016 Page 2 of 3 June 21, 2016 - Page 433 of 52! ATTACHMENT B — 100% AMI 2016 Fee in Lieu Calculation Formula 100% Area Median Income (2 -person household)* $70,800 Affordable Monthly Housing Payment $ 1,770 Property Taxes/Insurance/HOA (20-25% of Housing Payment) $ 354 Mortgage Payment $ 1,380 Maximum Mortgage Amount $229,900 Affordable Purchase Price $242,000 Square Feet of Unit 825 2015 Median Price per Square Foot (all units)** $ 534 Cost per Unit $440,550 Affordability Gap/Payment per Unit in Lieu $ 198,550 ***Assumes 5% down, 5.5% interest for 30 years. Gap per Employee (1.5 employees/household on average) $132,367 Administrative Fee per Employee $ 4,033 Fee per Square Foot per Employee $241.00 Administrative Fee per Square Foot per Employee $ 4.90 Fee in Lieu per Employee $136,400 Fee in Lieu per Square Foot $ 245.90 (Note — these figures to be established annually by the Vail Town Council) * As published by the US Department of Housing and Urban Development FY 2015 only available at this time. ** Calculated using 2016 Eagle County Assessor's Data Base *** Rounded to the nearest dollar Resolution No. 22, Series of 2016 6/21/2016 Page 3 of 3 June 21, 2016 - Page 434 of 52! TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Ordinance No. 9, Series of 2016, Second Reading, An Ordinance Amending Chapter 4 of Title 7 of the Vail Town Code to Regulate Electric Assisted Bicycles and Allow Electric Assisted Bicycles on Bicycle and Pedestrian Paths in Town PRESENTER(S): Gregg Barrie, Senior Landscape Architect and Matt Mire, Town Attorney ACTION REQUESTED OF COUNCIL: Approve, approve with amendments or deny Ordinance No. 9, Series of 2016 on second reading. BACKGROUND: The Town of Vail desires to promote the use of electric assisted bicycles as an alternate mode of transportation and to encourage more people to complete trips by environmentally -friendly modes of transportation. Currently, the Vail Town Code does not permit electric assisted bicycles to be operated on bicycle and pedestrian paths. This ordinance will ensure the use of electric assisted bicycles as an alternate mode of transportation is safe, prudent and in the best interest of all users. STAFF RECOMMENDATION: Approve, approve with amendments or deny Ordinance No. 9, Series of 2016 on second reading. ATTACHMENTS: Description Ordinance No. 9, Series of 2016 June 21, 2016 - Page 435 of 52! ORDINANCE NO. 9 SERIES 2016 AN ORDINANCE AMENDING CHAPTER 4 OF TITLE 7 OF THE VAIL TOWN CODE TO REGULATE ELECTRIC ASSISTED BICYCLES AND ALLOW ELECTRIC ASSISTED BICYCLES ON BICYCLE AND PEDESTRIAN PATHS IN THE TOWN WHEREAS, the Town encourages alternative transportation modes that are environmentally friendly and that reduce society's dependence on fossil fuels; WHEREAS, the Town desires to promote the use of electric assisted bicycles as an alternate mode of transportation and to encourage more people to complete trips by environmentally -friendly modes of transportation; WHEREAS, currently, the Vail Town Code does not permit electric assisted bicycles to be operated on bicycle and pedestrian paths; and WHEREAS, the Town Council desires to safely integrate electric assisted bicycles into the Town's bicycle and pedestrian path system and to ensure that the use of electric assisted bicycles as an alternate mode of transportation contemplated by this ordinance is safe, prudent, and in the best interest of all users. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO THAT: Section 1. Section 7-4-1 of the Vail Town Code is hereby amended to include the following new definition: ELECTRIC ASSISTED BICYCLE: A vehicle having two tandem wheels or two parallel wheels and one forward wheel, fully operable pedals, an electric motor not exceeding seven hundred fifty (750) watts of power rating, and a top motor -powered speed of twenty (20) miles per hour. Section 2. The definition of "motor vehicle" contained in Section 7-4-1 of the Vail Town Code is hereby amended to read as follows: MOTOR VEHICLE: Any self-propelled vehicle, other than an electric assisted bicvcle or electronic personal assistive mobility device (EPAMD), which is designed primarily for travel on the public streets and highways and which is generally and commonly used to transport persons and property over the public streets and highways. Section 3. Section 7-4-5 of the Vail Town Code is hereby renumbered as Section 7-4-6. Section 4. Former Section 7-4-5 of the Vail Town Code is hereby replaced with the following: Ordinance No. 9, Series of 2016 1 June 21, 2016 - Page 436 of 52! 7-4-5: ELECTRIC ASSISTED BICYCLES: A. Model Traffic Code: 1. Except as otherwise provided in this Section, the operation of electric assisted bicycles in the Town shall be exempt from the Model Traffic Code adopted by the Town as well as such other Town ordinances that regulate motorized vehicles in the Town. 2. For purposes of operation, parking, and equipment, electric assisted bicycles shall be considered bicycles and shall be subject to the provisions and regulations concerning bicycles contained in the Model Traffic Code adopted by the Town. B. Bicycle and Pedestrian Paths: A person may operate an electric assisted bicycle, with the motor activated, on any bicycle and pedestrian path in the Town, other than a bicycle and pedestrian path in any of the prohibited areas set forth below. C. Prohibited Areas: It is unlawful for a person to operate an electric assisted bicycle with the motor activated in or on the following: 1. Vail Nature Center; 2. Betty Ford Alpine Garden; 3. Village Streamwalk; 4. Children's playgrounds; 5. Turf areas; 6. Natural/unimproved areas; 7. Pedestrian areas of Vail Village and Lionshead Village; 8. Sidewalks that are not part of a designated bicycle and pedestrian path; or 9. Streets and highways that are parts of the state highway system. D. Minimum Age: An electric assisted bicycle shall only be operated by persons sixteen (16) years of age or older. E. Exception: The provisions of this Section limiting the use of electric assisted bicycles shall not apply to a person with a mobility impairment caused by physical disability that uses the device to enhance that person's mobility. Ordinance No. 9, Series of 2016 2 June 21, 2016 - Page 437 of 52! F. Equipment: All electric assisted bicycles operated in the Town shall be equipped with audible warning devices. G. To allow for safe integration of electric assisted bicycles on bicycle and pedestrian paths, the Town Manager may prescribe, adopt, promulgate and enforce reasonable rules that restrict or otherwise limit the time, place or manner of operation or use of electric assisted bicycles; Section 5. Not later than 180 days after the effective date of this ordinance, Town staff shall provide a report to the Town Council that evaluates whether use of electric assisted bicycles on pedestrian paths is safe, prudent, and in the best interest of all users of the Town's bicycle and pedestrian path system, so that the Town Council may determine whether this ordinance should be repealed. Section 6. If any part, section, subsection, sentence, clause or phrase of this ordinance for any reason is held to be invalid, such decision shall not affect the validity of the remaining portions of this ordinance; and the Town Council hereby declares that it would have passed this ordinance, and each part, section, subsection, sentence, clause or phrase thereof, regardless of any one or more parts, sections, subsections, sentences, clauses or phrases declared invalid. Section 7. The Town Council hereby finds, determines, and declares that this ordinance is necessary and proper for the health, safety, and welfare of the Town and the inhabitants thereof. Section 8. The amendment of any provision of the Town Code as provided in this ordinance shall not affect any right which has accrued, any duty imposed, any violation that occurred prior to the effective date hereof, any prosecution commenced, nor any other action or proceeding as commenced under or by virtue of the provision amended. The amendment of any provision hereby shall not revive any provision or any ordinance previously repealed or superseded unless expressly stated herein. Section 9. All bylaws, orders, resolutions and ordinances, or parts thereof, inconsistent herewith are repealed to the extent only of such inconsistency. This repealer shall not be construed to revise any bylaw, order, resolution or ordinance, or part thereof, theretofore repealed. Ordinance No. 9, Series of 2016 3 June 21, 2016 - Page 438 of 52! INTRODUCED, READ ON FIRST READING, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON FIRST READING this 7th day of June, 2016 and a public hearing for second reading of this Ordinance is set for the 21St day of June, 2016, in the Council Chambers of the Vail Municipal Building, Vail, Colorado. Dave Chapin, Mayor ATTEST: Patty McKenny, Town Clerk READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED this 21St day of June, 2016. Dave Chapin, Mayor ATTEST: Patty McKenny, Town Clerk Ordinance No. 9, Series of 2016 4 June 21, 2016 - Page 439 of 52! TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Ordinance No. 11, Series of 2016, Second Reading, An ordinance repealing and reenacting Ordinance No. 11, Series 2014, which adopted the approved development plan for Phase III of Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn, Phase III) /Lot O, Block 5D, Vail Village Filing 1, and setting forth details in regard thereto. PRESENTER(S): Jonathan Spence, Town Planner ACTION REQUESTED OF COUNCIL: The Vail Town Council shall approve, approve with modifications, or deny Ordinance No. 11, Series of 2016, upon second reading. BACKGROUND: The applicant, Lublan S.A, represented by Eggers Architecture, Inc., is requesting a review of a revision to a major amendment to Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area and a change in project scope to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn Phase 3). STAFF RECOMMENDATION: On June 7, 2016 the Vail Town Council approved Ordinance No. 11, Series of 2016 on first reading by a vote of 7-0. ATTACHMENTS: Description Staff Memorandum Ordinance No. 11, Series of 2016 Second Reading Ordinance No. 11, Series of 2016, Second Reading PEC16-0014 Staff Memorandum with attachments PEC Minutes, May 9, 2016 Site Photos June 21, 2016 - Page 440 of 52! rowN ofvain ") Memorandum TO: Vail Town Council FROM: Community Development Department DATE: June 21, 2016 SUBJECT: Second reading of Ordinance No. 11, Series of 2016, an ordinance repealing and reenacting the approved development plan for Phase III of Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn, Phase III) /Lot O, Block 5D, Vail Village Filing 1, and setting forth details in regard thereto. (PEC16-0014) Applicant: Lublan S.A., represented by Eggers Architect Planner: Jonathan Spence I. SUMMARY The applicant, Lublan S.A, represented by Eggers Architecture, Inc., is requesting a review of a revision to a major amendment to Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn Phase 3). The subject units received approval from the Vail Town Council, via Ordinance No. 11; Series 2014, for an increase in GRFA utilizing two new roof projections. This approval followed a unanimous recommendation from the Planning and Environmental Commission on April 14, 2014. The applicant is requesting a revision to this approval, described in greater detail below in Section IV, that result in a decrease in the overall scope and scale of the project. II. ACTION REQUESTED OF THE TOWN COUNCIL The Vail Town Council shall approve, approve with modifications, or deny Ordinance No. 11, Series of 2016, upon second reading. June 21, 2016 - Page 441 of 52! III. BACKGROUND On May 9, 2016, the Planning and Environmental Commission held a public hearing on the request for a recommendation on a revision to a major amendment to add GRFA to Units 501 and 502. The Commission forwarded a recommendation of approval, with conditions, to the Vail Town Council for a major amendment to SDD No.6, Vail Village Inn, to increase the allowable GRFA for Phase III, with a vote of 3-1-0 (Rediker opposed). Commissioner Rediker's opposition stemmed from a concern that the proposal was not meeting the letter of the law as it relates to the code requirement that nonconforming roofs be brought into conformance when GRFA additions exceed 500 square feet. This recommendation was based upon the review of the criteria outlined in the May 9, 2016 memorandum to the Planning and Environmental Commission, and the evidence and testimony presented. For a more detailed history of the Special Development District No. 6 please see pages 3 and 4 of the PEC16-0014 staff memorandum. IV. DESCRIPTION OF THE REQUEST The owners of units 501 and 502, Lublan S.A., represented by Eggers Architecture, Inc., are requesting a revision to the previously approved amendment to Special Development District No. 6. The proposed revisions and consistencies with the original approval are as follows: Unit 501 Unit 502 Unit 501 is proposing to not make the exterior changes to the building as previously approved, but to only add ten (10) skylights to the exterior. Unit 501 is proposing to add 264 square feet of GRFA vs. the 277 square feet previously approved. The proposed increase in GRFA will be within the existing mass and scale of the building. The changes to Unit 501 could be processed as an Interior Conversions application, not necessitating a PEC or Town Council review. • Unit 502 is proposing to keep the previously approved exterior changes. • Unit 502 is proposing adding an additional 57 square feet on the main level from existing attic space. Roof Material Town of Vail Page 2 June 21, 2016 - Page 442 of 52! The 2014 approval included the replacement of the existing cedar shake roofing on levels four and five with DaVinci synthetic shakes. This also included DaVinci shakes on the new roof projections. As the project no longer includes the dormer/gable element for Unit 501, the applicant is proposing DaVinci shakes on only the Unit 502 shed dormer. The applicant is proposing not to replace the existing wood shakes on the remainder of roof. Other Improvements • The application, consistent with the original approval, includes the replacement of the existing street lights located along the Frontage Road with new lights that meet Town of Vail Specifications. Should Ordinance No. 11, Series of 2016 be approved, the development statistics in Phase III will change as follows: Development Existing/Approved 2014 Approval 2016 Amendment Change Standard prior to 2014 Ordinance No. 11, Series of 2014 Gross Residential Floor Area (GRFA) Unit 501 2,467 sq. ft. 2,744 sq. ft. (+277) 2,731 sq. ft. (+264) -13 sq. ft. Unit 502 1,399 sq. ft. 1,914 sq. ft. (+515) 1,971 sq. ft. (+572) +57 sq. ft. Total Phase 46,067 sq. ft. 46,859 sq. ft. (+792) 46,903 sq. ft. (+836) +44 sq. ft. III 0%T) SDD #6 Parking 108 spaces 108 spaces No change No change 1.4 spaces per 1.4 spaces per unit unit Dwelling 11 Dwelling Units 11 Dwelling Units No change No change Units DUs Height 5 stories (74.3' 5 stories (74.3' per Removal of planned No change per SDD) SDD) (new roof west dormer/gable elements @ 67.6') Site 55% (per SDD) 38% No change No change Coverage Landscaping 30% (per SDD) 57% No change No change Town of Vail Page 3 June 21, 2016 - Page 443 of 52! V. PLANNING AND ENVIRONMENTAL COMMISSION RECOMMENDATION Should the Vail Town Council choose to approve Ordinance No. 11, Series of 2016, upon second reading, the Planning and Environmental Commission recommends the Council passes the following motion: "The Vail Town Council approves Ordinance No. 11, Series Of 2016, an ordinance repealing and reenacting the approved development plan for Phase III of Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn Phase 3) /Lot O, Block 5D, Vail Village Filing 1, and setting forth details in regard thereto. " Should the Vail Town Council choose to approve Ordinance No. 11, Series of 2016, the Community Development Department recommends the Council applies the following condition: 1. The applicant shall mitigate the employee generation impact created by the addition of 836 square feet of GRFA in accordance with the provisions of Chapter 12-24, Inclusionary Zoning, Vail Town Code. The applicant shall make the required fee in lieu payment to the Town of Vail prior to the issuance of any building permit. 2. The applicant shall receive and submit in conjunction with the building permit, all applicable Colorado Department of Transportation approvals for all impacts to the South Frontage Road East, including construction staging, if necessary. 3. The applicant shall amend the recorded condominium map to reflect the increase in floor area and space designation, prior to requesting any final planning or building inspection. 4. The applicant shall replace the three (3) existing street lights located along the Frontage Road with Town of Vail street lights per Public Work's specification. The location of the streetlights is depicted in the Streetlight Exhibit, included as Attachment C to the May 6, 2014 PEC130046 Town Council Memo. The number of new fixtures shall be determined by the Director of Public Works and will not exceed three. The new street lights shall be installed prior to requesting any final planning or building inspection. Town of Vail Page 4 June 21, 2016 - Page 444 of 52! Should the Vail Town Council choose to approve Ordinance No. 11, Series of 2016, the Planning and Environmental Commission recommends the Council makes the following findings: 'Based upon the review of the criteria outlined in the May 9, 2016 memorandum to the Planning and Environmental Commission, and the evidence and testimony presented, the Vail Town Council finds: 1. That the special development district amendment complies with the standards listed Article 12-9A, Special Development District, or that a practical solution consistent with the public interest has been achieved. 2. That the special development district amendment is consistent with the adopted goals, objectives and policies outlined in the Vail comprehensive plan and compatible with the development objectives of the town; and 3. That the special development district amendment is compatible with and suitable to adjacent uses and appropriate for the surrounding areas; and 4. That the special development district amendment promotes the health, safety, morals, and general welfare of the town and promotes the coordinated and harmonious development of the town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality." VI. ATTACHMENTS A. Ordinance No. 11, Series of 2016, Second Reading B. PEC16-0014 Staff Memorandum with attachments C. PEC Minutes, May 9, 2016 D. Property Photos Town of Vail Page 5 June 21, 2016 - Page 445 of 52! ORDINANCE NO. 11 Series of 2016 AN ORDINANCE REPEALING AND REENACTING ORDINANCE NO. 11, SERIES 2014, WHICH ADOPTED THE APPROVED DEVELOPMENT PLAN FOR PHASE III OF SPECIAL DEVELOPMENT DISTRICT NO. 6, VAIL VILLAGE INN, PURSUANT TO SECTION 12-9A-10, AMENDMENT PROCEDURES, VAIL TOWN CODE, TO ALLOW FOR AN INCREASE IN GROSS RESIDENTIAL FLOOR AREA TO FACILITATE ADDITIONS TO EXISTING DWELLING UNITS, LOCATED AT 100 EAST MEADOW UNITS 501 AND 502 (VAIL VILLAGE INN, PHASE III) /LOT O, BLOCK 5D, VAIL VILLAGE FILING 1, AND SETTING FORTH DETAILS IN REGARD THERETO. WHEREAS, the Town of Vail, in the County of Eagle and State of Colorado (the "Town"), is a home rule municipal corporation duly organized and existing under the laws of the State of Colorado and the Vail Town Charter; and WHEREAS, the members of the Town Council of the Town (the "Council") have been duly elected and qualified; and WHEREAS, Ordinance No. 11, Series of 2014, amended the approved development plan for Phase III of Special Development District No. 6, Vail Village Inn; and WHEREAS, amendments to a Special Development District are permitted pursuant to the parameters set forth for such in Section 12-9A-10, Vail Town Code; and WHEREAS, the Planning and Environmental Commission of the Town of Vail held a public hearing on May 9, 2016 to consider the proposed amendment in accordance with the provisions of the Vail Town Code and forwarded a recommendation of approval, with conditions, to the Vail Town Council by a vote of 3-1; and WHEREAS, the Vail Town Council finds that the proposed amendment to Special Development District No. 6, complies with the review criteria outlined in Section 12-9A-8, Vail Town Code, and that the applicant has demonstrated that any adverse effects of the requested deviations from the development standards of the underlying zoning are outweighed by the public benefits provided; and WHEREAS, the Town Council finds that the special development district amendment does comply with the standards listed Article 12-9A, Special Development District, or that a practical solution consistent with the public interest has been achieved; and WHEREAS, the Vail Town Council finds that the special development district amendment is consistent with the adopted goals, objectives and policies outlined in the Ordinance No. 11, Series of 2016 1 June 21, 2016 - Page 446 of 52! Vail comprehensive plan and compatible with the development objectives of the town; and WHEREAS, the Vail Town Council finds that the special development district amendment is compatible with and suitable to adjacent uses and appropriate for the surrounding areas; and WHEREAS, the Vail Town Council finds that the special development district amendment does promote the health, safety, morals, and general welfare of the town and promotes the coordinated and harmonious development of the town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality; and WHEREAS, the Vail Town Council finds that temporary approval of this amendment will have no negative effect on parking since the existing penthouse dwelling unit can not yet be occupied; and WHEREAS, the approval of this special development district amendment, and the development standards in regard thereto, shall not establish precedence or entitlements elsewhere within the Town of Vail. WHEREAS, all notices as required by the Town of Vail Municipal Code have been sent to the appropriate parties; and WHEREAS, the Vail Town Council considers it in the best interest of the public health, safety, and welfare to amend the development plan for Phase III of Special Development District No. 6, Vail Village Inn. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. Purpose of the Ordinance The purpose of this ordinance is to repeal and reenact Ordinance No 11, Series of 2014 to amend the approved development plan for Phase III of Special Development District No. 6 to increase the allowable gross residential floor area (GRFA). This amendment increases the allowable GRFA in Phase III from 46,859 square feet to 46,903 square feet, an increase of 44 square feet. Ordinance No. 11, Series of 2014, is hereby amended as follows (all additions are illustrated with bold italics, deletions are illustrated with strikethrou h, and text not affected has been omitted): Ordinance No. 11, Series of 2016 2 June 21, 2016 - Page 447 of 52! Section 2. Amendment Procedures Fulfilled, Planning Commission Report The approval procedures described in Article 12-9A of the Vail Municipal Code have been fulfilled, and the Vail Town Council has received the recommendation of the Planning and Environmental Commission for a major amendment to the Approved Development Plan for Special Development District No. 6, Vail Village Inn Phase III. Section 3. Special Development District No. 6 The Special Development District and the major amendment to the Approved Development Plan for Phase III are established to assure comprehensive development and use of the area in a manner that would be harmonious with the general character of the Town, provide adequate open space and recreational amenities, and promote the goals, objectives and policies of the Vail Comprehensive Plan. Special Development District No. 6 is regarded as being complementary to the Town of Vail by the Vail Town Council and the Planning and Environmental Commission, and has been established since there are significant aspects of the Special Development District that cannot be satisfied through the imposition of standard Public Accommodation zone district requirements. Section 4. Development Standards — Special Development District No. 6, Vail Village Inn, Phase III The amended development plan for Special Development District No. 6, Vail Village Inn, Phase lll, shall include the following plans and materials prepared by Eggers Architects, Inc., dated March 10, 2016 and stamped approved by the Town of Vail, dated May 9, 2016 (as may be further amended by the Town of Vail Design Review Board): A. A1.4 Roof Plan, Proposed B. A2.1 South Elevation, Proposed C. A2.3 North Elevation, Proposed D. A2.5 West Elevation, Proposed Ordinance No. 11, Series of 2016 3 June 21, 2016 - Page 448 of 52! •. .. . . . .. . . . k AP . • The amended development plan for Special Development District No. 6, Vail Village Inn, Phase lll, shall include the following plans and materials prepared by Eggers Architects, Inc., dated March 10, 2016 and stamped approved by the Town of Vail, dated May 9, 2016 (as may be further amended by the Town of Vail Design Review Board): A. A1.4 Roof Plan, Proposed B. A2.1 South Elevation, Proposed C. A2.3 North Elevation, Proposed D. A2.5 West Elevation, Proposed Ordinance No. 11, Series of 2016 3 June 21, 2016 - Page 448 of 52! The amended Development Plan for Special Development District No. 6, Vail Village Inn, Phase III, shall include the following plans and materials prepared by Blue Line Architects, dated September 24, 2008: A. A1.3 Parking Map B. A2.1 Level 95.0 Existing C. A2.2 Level 95.0 Proposed D. A2.3 Level 105.0 Existing E. A2.4 Level 105.0 Proposed F. A2.5 Level 114.4 Existing G. A3.1 Exterior Elevations H. A3.2 Exterior Elevations I. A5.1 Vicinity Map Section 5. Condition of Approval for Special Development District No. 6, Phase III. .. . . .. f f 11 - jr 102 A - . AA AA ._ I .. 5. The appfiGant sha# neplaGe the three (3) existing street fights iGGateel aiong the F-mntage Read with Town Of Va4 street fights per PubfiG h4 6, 2044 PEC130046 Town 064emp. The Pumber of new fixtures shag be determined by the Ordinance. of , June 21, 2016 - Page 449 of 52! Conditions applied by the Planning and Environmental Commission in conjunction with the May 9, 2016 recommendation of approval with conditions: 1. The applicant shall mitigate the employee generation impact created by the addition of 836 square feet of GRFA in accordance with the provisions of Chapter 12-24, Inclusionary Zoning, Vail Town Code. The applicant shall make the required fee in lieu payment to the Town of Vail prior to the issuance of any building permit. 2. The applicant shall receive and submit in conjunction with the building permit, all applicable Colorado Department of Transportation approvals for all impacts to the South Frontage Road East, including construction staging, if necessary. 3. The applicant shall amend the recorded condominium map to reflect the increase in floor area and space designation, prior to requesting any final planning or building inspection. 4. The applicant shall replace the three (3) existing street lights located along the Frontage Road with Town of Vail street lights per Public Work's specification. The location of the streetlights is depicted in the Streetlight Exhibit, included as Attachment C to the May 6, 2014 PEC130046 Town Council Memo. The number of new fixtures shall be determined by the Director of Public Works and will not exceed three. The new street lights shall be installed prior to requesting any final planning or building inspection. Section 6. Applicability The changes contained in this ordinance shall only apply to the approved development plan for Phase III of Special Development District No. 6, Vail Village Inn. Those changes were contained within the documents associated with the Planning and Environmental Commission Major SDD Amendment, PEC16-0014. No other provisions or requirements of the governing ordinance for any other phase of Special Development District No. 6, Vail Village Inn, are amended, altered, or eliminated by this ordinance. Section 7. If any part, section, subsection, sentence, clause or phrase of this ordinance is for any reason held to be invalid, such decision shall not effect the validity of the remaining Ordinance No. 11, Series of 2016 cJ June 21, 2016 - Page 450 of 52! portions of this ordinance; and the Vail Town Council hereby declares it would have passed this ordinance, and each part, section, subsection, sentence, clause or phrase thereof, regardless of the fact that any one or more parts, sections, subsections, sentences, clauses or phrases be declared invalid. Section 8. The amendment of any provision of the Town Code of Vail as provided in this ordinance shall not affect any right which has accrued, any duty imposed, any violation that occurred prior to the effective date hereof, any prosecution commenced, nor any other action or proceeding as commenced under or by virtue of the provision amended. The amendment of any provision hereby shall not revive any provision or any ordinance previously repealed or superseded unless expressly stated herein. Section 9. All bylaws, orders, resolutions and ordinances, or parts thereof, inconsistent herewith are repealed to the extent only of such inconsistency. This repealer shall not be construed to revise any bylaw, order, resolution or ordinance, or part thereof, theretofore repealed. Section 10. The Vail Town Council hereby finds, determines and declares that this ordinance is necessary and proper for the health, safety and welfare of the Town of Vail and the inhabitants thereof. The Council's finding, determination and declaration is based upon the review of the criteria prescribed by the Town Code of Vail and the evidence and testimony presented in consideration of this ordinance. INTRODUCED, READ ON FIRST READING, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON FIRST READING this 7t" day of June, 2016 and a public hearing for second reading of this Ordinance set for the 21s' day of June, 2016, at 6:00 p.m. in the Council Chambers of the Vail Municipal Building, Vail, Colorado. Dave Chapin, Mayor ATTEST: Patty McKenny, Town Clerk Ordinance No. 11, Series of 2016 6 June 21, 2016 - Page 451 of 52! READ AND APPROVED ON SECOND READING AND ORDER PUBLISHED in full this 21St day of June, 2016. Dave Chapin, Mayor ATTEST: Patty McKenny, Town Clerk Ordinance No. 11, Series of 2016 7 June 21, 2016 - Page 452 of 52! Memorandum To: Planning and Environmental Commission From: Community Development Department Date: May 9, 2016 Subject: A request for a recommendation to the Vail Town Council on a revision to a major amendment to Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Drive, Units 501 and 502 (Vail Village Inn Phase 3) /Lot O, Block 5D, Vail Village Filing 1, and setting forth details in regard thereto. (PEC16-0014) Applicant: Lublan S.A., represented by Eggers Architect Planner: Jonathan Spence I. SUMMARY The applicant, Lublan S.A, represented by Eggers Architecture, Inc., is requesting a recommendation to the Vail Town Council on a revision to a major amendment to Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn Phase 3). The subject units received approval from the Vail Town Council, via Ordinance No. 11, Series 2014, for an increase in GRFA utilizing two new roof projections. This approval followed a unanimous recommendation from the Planning and Environmental Commission on April 14, 2014. The applicant is requesting a revision to this approval, described in greater detail below in Section II, that result in a decrease in the overall scope and scale of the project. Based upon Staff's review of the criteria outlined in Section VII of this memorandum and the evidence and testimony presented, the Community Development Department recommends the Planning and Environmental Commission forwards a recommendation of approval, with conditions, of a revision to the major amendment to Special Development District (SDD) No. 6, Vail Village Inn, subject to the findings noted in Section VIII of this memorandum. June 21, 2016 - Page 453 of 52! II. DESCRIPTION OF THE REQUEST The owners of units 501 and 502, Lublan S.A., represented by Eggers Architecture, Inc., are requesting a revision to the previously approved amendment to Special Development District No. 6. The proposed revisions and consistencies with the original approval are as follows: Unit 501 Unit 502 Unit 501 is proposing to not make the exterior changes to the building as previously approved, but to only add ten (10) skylights to the exterior. • Unit 501 is proposing to add 264 square feet of GRFA vs. the 277 square feet previously approved. The proposed increase in GRFA will be within the existing mass and scale of the building. The changes to Unit 501 could be processed as an Interior Conversions application, not necessitatina a PEC or Town Council review. • Unit 502 is proposing to keep the previously approved exterior changes. • Unit 502 is proposing adding an additional 57 square feet on the main level from existing attic space. Roof Material The previous approval included the replacement of the existing cedar shake roofing on levels four and five with DaVinci synthetic shakes. This also included DaVinci shakes on the new roof projections. As the project no longer includes the dormer/gable element for Unit 501, the applicant is proposing DaVinci shakes on only the Unit 502 shed dormer. The applicant is proposing not to replace the existing wood shakes on the remainder of roof at this time. Other Improvements • The application, consistent with the original approval, includes the replacement of the existing street lights located along the Frontage Road with new lights that meet Town of Vail Specifications. The applicant has provided a written description of their request, (Attachment A) and plans, (Attachment B), both dated March 10, 2016. Town of Vail Page 2 June 21, 2016 - Page 454 of 52! III. BACKGROUND In 1976, the Vail Town Council adopted Ordinance No. 7, Series of 1976, establishing Special Development District No.6, Vail Village Inn. The purpose of SDD No.6 is to assure the comprehensive development and use of an area of land in a manner that would be harmonious with the general character of the town, provide adequate open space and recreation amenities, and promote the objectives of the zoning ordinance of the town. Ordinarily, a special development district will be created only when the development is regarded as complementary to the Town by the Town Council, Planning and Environmental Commission, and Design Review Board, and there are significant aspects of the development which cannot be satisfied under the existing zoning. Project History: The following is a summary of the existing phases and development for the Vail Village Inn Special Development District (SDD No. 6): Phase I- This phase consists of the buildings located at the southeast corner of the District. Phase I includes one residential dwelling unit approximately 3,927 square feet in size and nine commercial/retail spaces. The original development plan for Phase I called for 16,128 square feet of commercial space, and no GRFA. The Alpenrose Restaurant is part of Phase I. Phase II- This phase consists of three residential dwelling units totaling approximately 3,492 square feet in size and three commercial/retail spaces. Phase II is generally located in the center of the District and includes the Claggett-Rey Gallery. Phase III- This Phase consists of twenty-nine residential dwelling units totaling approximately 44,830 square feet in size and six commercial/retail spaces. Phase III is located at the northeast corner of the District. Phase IV- This is the original, oldest and most recently redeveloped Phase in the District. This Phase (The Sebastian) consists of two residential dwelling units totaling approximately 6,827 square feet in size, one hundred accommodation units and forty-nine fractional fee units comprising approximately 97,788 square feet of floor area. Phase IV is generally located in the northwest corner of the District. Phase V- This Phase consists of eleven residential dwelling units and three accommodation units totaling approximately 9,972 square feet of floor area and four commercial/retail spaces. Phase V is located in the southwest corner of the District at the intersection of Vail Road and East Meadow Drive. This phase includes the La Botega restaurant. Town of Vail Page 3 June 21, 2016 - Page 455 of 52! Ordinance No. 1, Series of 1985 (March, 1985) granted 120,600 square feet of GRFA to SDD No. 6. This ordinance also required a minimum of 175 accommodation units (AUs) and 72,400 square feet of GRFA, devoted entirely to AUs in Phase IV. Ordinance No. 14, Series of 1987 (May, 1987), amended Phase IV of SDD No. 6. The amendment allowed Phase IV to be broken into two distinct and separate phases, which were called Phase IV and Phase V. This ordinance also set the maximum GRFA for the SDD at 120,600 square feet. Further, the ordinance required a minimum of 148 AUs and 67,367 square feet of GRFA devoted to AUs in Phases IV and V. Ordinance No. 24, Series of 1989 (November, 1989) amended the density section of SDD No. 6. This ordinance modified the SDD by increasing the allowable GRFA to a total of 124,527 square feet. This allowed Unit No. 30 (originally Good's retail) in the Vail Village Plaza Condominiums to be converted from commercial to residential use. The space consists of 3,927 square feet of GRFA, and the conversion to residential use has been completed. This ordinance also maintained the approval for a minimum of 148 AUs and 67,367 square feet of GRFA, devoted to AUs, in Phases IV and V of SDD No.6. Ordinance No. 1 and No. 4, Series of 2000, a major amendment to Special Development District No. 6 was approved to allow for construction of the Vail Plaza Hotel. Ordinance No. 15, Series of 2001 adopted a revised Approved Development Plan for Phase II, which brought the total allowable GRFA for the entire SDD No. 6 to 182,325 square feet. Ordinance No. 21, Series of 2001 adopted a revised Approved Development Plan for Phase IV (i.e. Vail Plaza Hotel), and did not specify, in the form of a revised Approved Development Plan, the total allowable GRFA for the entirety of SDD No. 6. Ordinance No. 32, Series of 2003, adopted a major amendment to SDD No. 6, allowing for the construction of a new dwelling unit above the Alpenrose Restaurant location, which increase the amount of allowable GRFA for the entire SDD to 184,708 sq. ft. and increase the density to 13 DU's per acre. Ordinance No. 6, Series of 2005, adopted a major amendment to SDD No. 6, revising the amount of allowable GRFA for the entire SDD to 186,561 sq. ft. and increasing the density to 13.25 DU's per acre. Ordinance No. 11, Series of 2014, adopted a manor amendment to SDD No. 6, revising the allowable GRFA for Phase III to facilitate additions to Units 501 and 502. It is this manor amendment that the applicant is requesting to revise. Town of Vail Page 4 June 21, 2016 - Page 456 of 52! IV. APPLICABLE PLANNING DOCUMENTS A. Title 12, Zoning Regulations, Vail Town Code CHAPTER 12-1, TITLE, PURPOSE AND APPLICABILITY (in part) Section 12-1-2: Purpose: A. General: These regulations are enacted for the purpose of promoting the health, safety, morals, and general welfare of the Town, and to promote the coordinated and harmonious development of the Town in a manner that will conserve and enhance its natural environment and its established character as a resort and residential community of high quality. B. Specific: These regulations are intended to achieve the following more specific purposes: 1. To provide for adequate light, air, sanitation, drainage, and public facilities. 2. To secure safety from fire, panic, flood, avalanche, accumulation of snow, and other dangerous conditions. 3. To promote safe and efficient pedestrian and vehicular traffic circulation and to lessen congestion in the streets. 4. To promote adequate and appropriately located off-street parking and loading facilities. 5. To conserve and maintain established community qualities and economic values. 6. To encourage a harmonious, convenient, workable relationship among land uses, consistent with Municipal development objectives. 7. To prevent excessive population densities and overcrowding of the land with structures. 8. To safeguard and enhance the appearance of the Town. 9. To conserve and protect wildlife, streams, woods, hillsides, and other desirable natural features. 10. To assure adequate open space, recreation opportunities, and other amenities and facilities conducive to desired living quarters. 11. To otherwise provide for the growth of an orderly and viable community. ARTICLE 12-9A, SPECIAL DEVELOPMENT DISTRICT (in part) 12-9A-1: Purpose and Applicability: A. Purpose: The purpose of the special development district is to encourage flexibility and creativity in the development of land in order to promote its most appropriate use; to improve the design character and quality of the new development with the town; to facilitate the adequate and economical provision of Town of Vail Page 5 June 21, 2016 - Page 457 of 52! streets and utilities; to preserve the natural and scenic features of open space areas; and to further the overall goals of the community as stated in the Vail comprehensive plan. An approved development plan for a special development district, in conjunction with the property's underlying zone district, shall establish the requirements for guiding development and uses of property included in the special development district. B. Applicability. Special development districts do not apply to and are not available in the following zone districts: hillside residential, single-family residential, two-family residential and two-family primary/secondary residential. 12-9A-10: AMENDMENT PROCEDURES: B. Major Amendments: 1. Requests for major amendments to an approved special development district shall be reviewed in accordance with the procedures described in section 12- 9A-4 of this article. 2. Owners of all property requesting the amendment, or their agents or authorized representatives, shall sign the application. Notification of the proposed amendment shall be made to owners of all property adjacent to the property requesting the proposed amendment, owners of all property adjacent to the special development district, and owners of all property within the special development district that may be affected by the proposed amendment (as determined by the department of community development). Notification procedures shall be as outlined in subsection 12-3-6C of this title. V. SURROUNDING LAND USES Land Uses Zoning North: CDOT right-of-way Not Zoned South: Mixed Use Public Accommodation East: Mixed Use SDD #39 (Solaris) West: Multiple Family SDD #21 (Gateway) Town of Vail Page 6 June 21, 2016 - Page 458 of 52! VI. ZONING ANALYSIS/SDD #6, VAIL VILLAGE INN, PHASE III Development Existing/Approved 2014 Approval 2016 Amendment Change Standard prior to 2014 Ordinance No. 11, Series of 2014 Gross Residential Floor Area (GRFA) Unit 501 2,467 sq. ft. 2,744 sq. ft. (+277) 2,731 sq. ft. (+264) -13 sq. ft. Unit 502 1,399 sq. ft. 1,914 sq. ft. (+515) 1,971 sq. ft. (+572) +57 sq. ft. Total Phase 46,067 sq. ft. 46,859 sq. ft. (+792) 46,903 sq. ft. (+836) +44 sq. ft. III 0%T) SDD #6 Parking 108 spaces 108 spaces No change No change 1.4 spaces per 1.4 spaces per unit unit Dwelling 11 Dwelling Units 11 Dwelling Units No change No change Units (DUs) Height 5 stories (74.3' 5 stories (74.3' per Removal of planned No change per SDD) SDD) (new roof west dormer/gable elements @ 67.6') Site 55% (per SDD) 38% No change No change Coverage Landscaping 30% (per SDD) 57% No change No change VII. SPECIAL DEVELOPMENT DISTRICT AMENDMENT REVIEW CRITERIA Before acting on an application for a major amendment to a special development district, the Planning and Environmental Commission and Town Council shall consider the following factors with respect to the proposal: 1. Compatibility: Design compatibility and sensitivity to the immediate environment, neighborhood and adjacent properties relative to architectural design, scale, bulk, building height, buffer zones, identity, character, visual integrity and orientation. In contrast to other phases of SDD #6, Vail Village Inn, Phase III has seen relatively few amendments. The structure has seen minor changes since its original construction, mainly exterior window updates and interior remodels, but remains largely unchanged from its original build. Town of Vail Page 7 June 21, 2016 - Page 459 of 52! The roof changes contained in the original 2014 application were found to be compatible with the neighborhood related to architectural design and style. The application was also found to meet the guidelines recommended in the Vail Village Urban Design Standards by locating the infill out of sun/shade or views as illustrated by the drawings contained on pages 7-8 of the April 14, 2014 PEC Staff Memorandum, included as Attachment C. The amendment no longer includes the proposed dormer/gable element on the western side of the roof, and instead includes only flush mounted skylights in its place, as shown below. The 2014 approval included alterations or impacts to approximately 1, 415 square foot of roof area. With the removal of the western dormer, the quantity of roofing proposed to be altered is reduced to approximately 410 square feet. Figure #1 shows the existing conditions, Figure #2 the previously approved elevation and Figure #3, as now proposed. Figure #1 SOUT4 ELEV,4TION - EXISTING Town of Vail Page 8 June 21, 2016 - Page 460 of 52! Figure #2 . r—-------------------------------------------------------------------- SOUTH ELEVATION - PREVIOUSLY APPROVED Figure #3 + �-�=�-------------------------------------------------------------------- — - SOUTH ELEVATION - PROPOSED Town of Vail Page 9 June 21, 2016 - Page 461 of Consistent with earlier findings, staff finds the proposal does comply with this criterion. 2. Relationship: Uses, activity and density which provide a compatible, efficient and workable relationship with surrounding uses and activity. The applicant does not propose to change any of the uses, activity, or densities which are currently constructed within the project. The proposal to increase the allowable GRFA within the SDD requires mitigation of the impacts to employee generation pursuant to Chapter 12-24, Inclusionary Zoning, Vail Town Code. The applicant has stated in their written materials that the pay -in -lieu option would be selected if the proposal were approved. An increase in the allowable GRFA by 836 square feet results in a pay -in -lieu fee of $11,256.74 (836 sq. ft. x 10% x $134.65) under the existing adopted fee schedule. The required payment is calculated at the time of building permit submittal and may be different than the number above. Staff finds the proposal complies with this criterion. 3. Parking and Loading: Compliance with parking and loading requirements as outlined in chapter 10 of this title. The proposal to add 836 square feet of GRFA to Units 501 and 502 do not change the required parking or loading and delivery requirements for the development. As a component of the approval for the Sebastian, its developer was required to provide a centralized loading and delivery facility for the use of all owners and tenants within SDD #6 and also to be made available for public and/or private loading and delivery programs. The continued use of this facility is vital in mitigating the loading and delivery impacts upon Vail Village. Staff finds the proposal complies with this criterion. 4. Comprehensive Plan: Conformity with applicable elements of the Vail comprehensive plan, town policies and urban design plans. Staff has reviewed the Vail comprehensive plan and found the following documents and associated goals, objectives, statements applicable to this proposal. Vail Land Use Plan (in part) 1. General Growth / Development 1.1 Vail should continue to grow in a controlled environment, maintaining a balance between residential, commercial and recreational uses to serve both the visitor and the permanent resident. Town of Vail Page 10 June 21, 2016 - Page 462 of 52! 1. 12 Vail should accommodate most of the additional growth in existing developed areas (infill areas). 4. Village Core / Lionshead 4.2 Increased density in the Core areas is acceptable so long as the existing character of each area is preserved through implementation of the Urban Design Guide Plan and the Vail Village Master Plan. 4.3 The ambiance of the Village is important to the identity of Vail and should be preserved. (Scale, alpine character, small town feeling, mountains, natural settings, intimate size, cosmopolitan feeling, environmental quality.) 5. Residential 5.1. Additional residential growth should continue to occur primarily in existing, platted areas and as appropriate in new areas where high hazards do not exist. Vail Village Master Plan (in part) V. GOALS, OBJECTIVES, POLICIES AND ACTION STEPS GOAL #1 ENCOURAGE HIGH QUALITY, REDEVELOPMENT WHILE PRESERVING UNIQUE ARCHITECTURAL SCALE OF THE VILLAGE IN ORDER TO SUSTAIN ITS SENSE OF COMMUNITY AND IDENTITY. Obiective 1.1: Implement a consistent development review process to reinforce the character of the Village. Policy 1.1.1: Development and improvement projects approved in the Village shall be consistent with the goals, objectives, policies and design considerations as outlined in the Vail Village Master Plan and Urban Design Guide Plan. Objective 1.2: Encourage the upgrading and redevelopment of residential and commercial facilities. Policy 1.2.1: Additional development may be allowed as identified by the Action Plan and as is consistent with the Vail Village Master Plan and Urban Design Guide Plan. VII. VAIL VILLAGE SUB -AREAS Town of Vail Page 11 June 21, 2016 - Page 463 of 52! A major goal of this Plan is to address the Village as a whole and at the same time be sensitive to the opportunities and constraints that may exist on a site specific basis. To facilitate long range planning unique to each area of the Village, ten different sub -areas are delineated in this Plan. Sub -areas were determined based on a number of different considerations. Foremost among these were: design and site characteristics geographic or physical boundaries land uses and ownership patterns Each of the ten sub -areas have been evaluated relative to the overall goals, objectives, and policies outlined for Vail Village. The potential improvement projects, referred to as sub -area concepts, which have emerged from this evaluation are graphically represented on the Action Plan. These sub -area concepts are physical improvements intended to reinforce the desired physical form of the Village as outlined in the various elements of the Master Plan. The 10 sub -areas (which follow), provide detailed descriptions of each sub -area concept and express the relationship between the specific sub -area concepts and the overall Plan. The applicable goals and objectives are cited for each of the sub area concepts at the end of each description under "special emphasis. " The sub -area concepts described in this Section are meant to serve as advisory guidelines for future land use decisions by the Planning and Environmental Commission and the Town Council. Compliance with the sub -area concepts does not assure development approval by the Town. It is important to note that the likelihood of project approval will be greatest for those proposals that can fully comply with the Vail Village Master Plan. The Urban Design Guide Plan includes additional design detail that is to be used in conjunction with the Vail Village Master Plan sub -area concepts. Town of Vail Page 12 June 21, 2016 - Page 464 of 52! MIXED USE SUB -AREA (#1) The Mixed -Use sub -area is a prominent activity center for Vail Village. It is distinguished from the Village core by the larger scale buildings and by the limited auto traffic along East Meadow Drive. Comprised of five major development projects, this sub -area is characterized by a mixture of residential/lodging and commercial activity. The Vail Comprehensive Plan elements that speak to this site include the Vail Land Use Plan and the Vail Village Master Plan. Staff believes the proposed changes do not have an overall negative impact on the intent of stepping buildings up from the pedestrian oriented East Meadow Drive to the South Frontage Road East. The revised proposal is consistent with the infill recommendations of the Vail Village Urban Design Guidelines. The additions are located such that their impacts on adjacent properties and on the pedestrian experience are minimal to nonexistent. Staff finds the proposal complies with this criterion. Town of Vail Page 13 June 21, 2016 - Page 465 of 52! 5. Natural and/or Geologic Hazard: Identification and mitigation of natural and/or geologic hazards that affect the property on which the special development district is proposed. Special Development District No. 6, Vail Village Inn, is not located within any identified geologic hazard. Staff finds the proposal complies with this criterion. 6. Design Features: Site plan, building design and location and open space provisions designed to produce a functional development responsive and sensitive to natural features, vegetation and overall aesthetic quality of the community. The proposal does not include any changes to the site plan, building footprint design or location, or open space provisions. The proposal does include modifications to the roof plan that will allow the greater utilization of the top floor residential units. The new roof elements are designed to be compatible both with the existing structure and the overall design of the district. Staff finds the proposal complies with this criterion. 7. Traffic: A circulation system designed for both vehicles and pedestrians addressing on and off site traffic circulation. The proposal does not include any changes to the pedestrian or vehicular circulation on or off site. Staff finds the proposal complies with this criterion. 8. Landscaping: Functional and aesthetic landscaping and open space in order to optimize and preserve natural features, recreation, views and function. The proposal does not include any changes to the landscaping or open space on the site as identified on the approved development plan. Staff finds the proposal complies with this criterion. 9. Workable Plan: Phasing plan or subdivision plan that will maintain a workable, functional and efficient relationship throughout the development of the special development district. The proposal is intended to be constructed in one phase. Staging for any construction related activity will be reviewed by the Town of Vail staff to ensure impacts are Town of Vail Page 14 June 21, 2016 - Page 466 of 52! minimized to public rights-of-way and adjacent properties. It is anticipated that the use of the South Frontage Road East right-of-way will be necessary. This right-of-way is controlled by the Colorado Department of Transportation (CDOT) and will require all appropriate review and permits from CDOT should the project move forward. Staff finds the proposal complies with this criterion. VIII. SPECIAL DEVELOPMENT DISTRICT DEVELOPMENT STANDARDS The Vail Town Code requires all proposals within Special Development Districts to meet the following code provision: 12-9A-9 Development Standards Development standards including lot area, site dimensions, setbacks, height, density control, site coverage, landscaping and parking shall be determined by the town council as part of the approved development plan with consideration of the recommendations of the planning and environmental commission. Before the town council approves development standards that deviate from the underlying zone district, it should be determined that such deviation provides benefits to the town that outweigh the adverse effects of such deviation. This determination is to be made based on evaluation of the proposed special development district's compliance with the design criteria outlined in section 12-9A-8 of this article. The 2014 approval included the replacement of the existing cedar shake roofing on building levels four and five in conjunction with the dormer/gable addition to Unit #501 and the shed dormer for Unit #502. With the elimination of the western dormer/gable element and the resulting decrease in proposed changes to the roof, the applicant has no longer included the proposed shingle replacement as a component of this project. Staff believes that there are no recognizable adverse effects of the proposed deviations to allowable GRFA. Staff finds that the elimination of the proposed shingle replacement does not result in the project noncompliance this requirement. It should be noted that Village Inn Plaza Phase III completed a rehabilitation of many of its exterior, pedestrian level elements in 2009. Phase I and II are anticipated to act on a recent DRB approval to complete these improvements in the district that include new pavers, site walls, ADA access and landscaping. Although not tied to this proposal, these improvements demonstrate Vail Village Inn's commitment to maintaining and improving public spaces. Town of Vail Page 15 June 21, 2016 - Page 467 of 52! IX. STAFF RECOMMENDATION The Community Development Department recommends the Planning and Environmental Commission forwards a recommendation of approval, with conditions, to the Town Council on a revision to a major amendment to Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Drive, Units 501 and 502 (Vail Village Inn Phase 3) /Lot O, Block 5D, Vail Village Filing 1, and setting forth details in regard thereto. Staff's recommendation is based upon the review of the criteria described in Section VII of this memorandum and the evidence and testimony presented. Should the Planning and Environmental Commission choose to forward a recommendation of approval, with conditions, for this request, the Community Development Department recommends the Commission pass the following motion: "The Planning and Environmental Commission forwards a recommendation of approval to the Town Council for a revision to a major amendment to Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn Phase 3) /Lot O, Block 5D, Vail Village Filing 1, and setting forth details in regard thereto." Should the Planning and Environmental Commission choose to forward a recommendation of approval, with conditions, for this request, the Community Development Department recommends the Commission applies the following conditions: 1. The applicant shall mitigate the employee generation impact created by the addition of 836 square feet of GRFA in accordance with the provisions of Chapter 12-24, Inclusionary Zoning, Vail Town Code. The applicant shall make the required fee in lieu payment to the Town of Vail prior to the issuance of any building permit. 2. The applicant shall receive and submit in conjunction with the building permit, all applicable Colorado Department of Transportation approvals for all impacts to the South Frontage Road East, including construction staging, if necessary. 3. The applicant shall amend the recorded condominium map to reflect the increase in floor area and space designation, prior to requesting any Town of Vail Page 16 June 21, 2016 - Page 468 of 52! final planning or building inspection. 4. The applicant shall replace the three (3) existing street lights located along the Frontage Road with Town of Vail street lights per Public Work's specification. The location of the streetlights is depicted in the Streetlight Exhibit, included as Attachment C to the May 6, 2014 PEC130046 Town Council Memo. The number of new fixtures shall be determined by the Director of Public Works and will not exceed three. The new street lights shall be installed prior to requesting any final planning or building inspection. Should the Planning and Environmental Commission choose to forward a recommendation of approval, with conditions, for this request, the Community Development Department recommends the Commission makes the following findings: 'Based upon the review of the criteria outlined in Section Vll this Staff memorandum to the Planning and Environmental Commission dated May 9, 2016, and the evidence and testimony presented, the Planning and Environmental Commission finds: 1. That the special development district amendment complies with the standards listed Article 12-9A, Special Development District, or that a practical solution consistent with the public interest has been achieved. 2. That the special development district amendment is consistent with the adopted goals, objectives and policies outlined in the Vail comprehensive plan and compatible with the development objectives of the town; and 3. That the special development district amendment is compatible with and suitable to adjacent uses and appropriate for the surrounding areas; and 4. That the special development district amendment promotes the health, safety, morals, and general welfare of the town and promotes the coordinated and harmonious development of the town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality." Town of Vail Page 17 June 21, 2016 - Page 469 of 52! X. ATTACHMENTS A. PEC16-0014 Applicant Narrative, 3-10-2016 B. PEC16-0014 Plan Set, 3-10-2016 C. PEC130046 Staff Memorandum, with Attachments, 4-14-2014 D. PEC Meeting Minutes, 4-14-2014 Town of Vail Page 18 June 21, 2016 - Page 470 of 52! Village Inn Plaza Vail Village Inn, SDD #6, Phase III Major Amendment to Special District No. 6 Expansion of Units 501 & 502 with Exterior Modifications March 10, 2016 11050 B1MIfflu 14 v 1Va0 SWIMZo d%f ''ZOOVA MZ -V DFF1CZ 4W116Z =dO FLY tlSWI MZZW EGGERS ARCHITECTURE, INC. PO BOX 798 KREMNMING, CO 80459 (970) 724-3411 FAX: (970) 724-3412 don. eggers@eggersarchitecture.com June 21, 2016 - Page 471 of 52! I. Introduction The owners of units 501 and 502, Lublan S.A., represented by Loguer Design and Eggers Architecture, Inc., are requesting an amendment to the previously approved Amended Special Development District No.6 (SDD#6). Unit 501 (parcel #: 2101-082-54-027) is proposing to not make the major exterior changes to the building as previously approved, but to only add skylights to the exterior. Unit 501 is proposing to add 264 square feet to the GRFA vs. the 277 square feet previously approved. Unit 502 (parcel #: 2101-082-54- 028) is proposing to keep the previously approved exterior changes and adding an additional 57 square feet of GRFA. The Unit 502 approval included an increase to the GRFA by 515 square feet and the inclusion the addition of secondary roof form. The modification of Unit 502 also included the relocation of an existing mechanical mezzanine to a newly constructed area with a net square footage loss of 49 square feet. According to Section 12-9A-2: Definitions, Vail Town Code, an increase of GRFA is considered a Major SDD Amendment. Unit 501 is proposing to undergo a complete interior remodel. The current plan includes 4 bedrooms, 4 baths and major living spaces on the main level of 2145 square feet. This plan has a loft area overlooking the main living space that includes 322 square feet. The remodel proposes to redesign the main level with an entry area expanded in to the common hallway between units 501 and 502. The new square footage of the main level will be 2255 square feet, an increase of 110 square feet from the HOA Common Area. Additionally, the loft area will be remodeled with an additional 154 square feet of GRFA added from existing attic space. Total new GRFA will be 2731 square feet, representing an increase of 264 square feet. The previously approved changes included 277 square feet of additional GRFA. Unit 502 is proposing to maintain the previously approved remodel and addition of 515 square feet to the GRFA. The current proposal also includes adding an additional 57 square feet of space on the main level from existing attic space. The previously approved roof element is above the main ridgeline of the building but lower than the two elevator tower units on each side of the dormer. This element would remain and the roofing in this area only is proposed as DaVinci synthetic shake. The new proposal would bring the total GRFA of the unit to 1971 square feet, a total increase in the GRFA of 572 square feet. June 21, 2016 - Page 472 of 52! Floor plans of the proposed changes are provided below: June 21, 2016 - Page 473 of ■ AIR IN 01110 June 21, 2016 - Page 473 of IN June 21, 2016 - Page 473 of II. Background Village Inn Plaza is located at 100 East Meadow Drive. The property is part of Phase III of Special Development District No. 6, Vail Village Inn. This SDD has an underlying zoning of Public Accommodation (PA). See vicinitv mar) of Dror)ertv below: SDD #6 was adopted by Ordinance No. 7 of 1976 and has undergone multiple amendments since is adoption. Most of the amendments have been associated with the other phases of the SDD. The structure has seen minor changes since its original construction, mainly exterior window updates and interior remodels, but remains largely unchanged from its original construction. The proposed modifications will be add some exterior detail and update the appearance of the building to match the architectural detailing of the more recently constructed adjacent properties. See photo of the frontage road view taken from the north side of the highway: Vail Village Inn deviates from the maximum height limitation set forth in the Public Accommodation zone district of 48 feet for sloped roofs. Building heights were defined by number of stories in the original adoption of SDD#6 and further illustrated in a drawing June 21, 2016 - Page 474 of 52! created by consultants Royston, Hanamoto, Beck and Abey dated February 12, 1976. The building was constructed according to these height restrictions and has not been modified since. The previously approved roof mass over unit 502 is lower than the adjacent elevator shaft elements, therefore not affecting the overall building height. See drawing below: There are no additional parking requirements as the number of units is not changing. III. Zoning Analysis The proposed modification only affects the GRFA and Employee Housing standards of the zoning analysis. All other standards are unchanged and remain as approved by Special Development District #6. Standard Existing Previously Approved Proposed GRFA -_ _ •iii � � i1i _ _ �_ Unit 501 L r r r r r! .IIIIIIII - Unit 502 1399 sf r r r r r 1---_ '_IIIIIIIIIIII I. 1.4 per unit .IIIIIIIIIIII = I■■1I■1■� ��G� llr■ r r r r r l IIIIIIIIIIII_.-.... ................................. ■■■■■■11 �-r--r�r-r-W--1 - 11 �� 1 _IIIIIIIIIIII I �� Irrr I .rl IIIIIIIIII - !■■.r■.1r :a, yt 11 ■■ 1 ]. :s'.:.,, I -- — ■ ■■ ■■ Irrr -- �-i IIII IIIIIIIIIIII IIIIIIIIIIII Requirement ■ _-_-- K- —111!119 ■■■1■■■1 y 4 .. ■■■ ■■■ �� 4 II U I III11 �® ■■ Im I ■■■1■■■1 • N O!11 IIIII•I•■ ��- ■■■ a ■■ N II N I IIIIIIIIIIII: 1::::: ;I■■ Irrr ■ ■■ Irrr I rr■ - grr7 ■r: 11 ■■ 1 - - - I::::: -- — ■■ ■■ l■■■ ■ -- NWIIIIWWWiIIIIIIIIIIII C■1© There are no additional parking requirements as the number of units is not changing. III. Zoning Analysis The proposed modification only affects the GRFA and Employee Housing standards of the zoning analysis. All other standards are unchanged and remain as approved by Special Development District #6. Standard Existing Previously Approved Proposed GRFA Unit 501 2467 sf 2744 sf (+277) 2731 sf (+264) Unit 502 1399 sf 1914 sf (+515) 1971 sf (+572) Parking 1.4 per unit no chane no change Employee Housing Approved prior 79 sf (pay -in -lieu) 83 sf (pay -in -lieu) to Inclusionary Requirement IV. Criteria for Review for the Major Amendment to a Special Development District Section 12-9A-8: Design Criteria and Necessary Findings in the Vail Town Code provides the criteria for review of a Major Amendment to a Special Development District. Below is a listing of the criteria and how the proposal complies with each: June 21, 2016 - Page 475 of 52! 1. Compatibility: Design compatibility and sensitivity to the immediate environment, neighborhood and adjacent properties relative to architectural design, scale, bulk, building height, buffer zones, identity, character, visual integrity and orientation. Proposed: The architectural design, scale, bulk, building height, buffer zones, identity, character, visual integrity and orientation remains largely unchanged as a result of the proposed amendment. The roof changes fit between the existing elements, therefore the height remains the same as constructed. 2. Relationship: Uses, activity and density which provide a compatible, efficient and workable relationship with surrounding uses and activity. Proposed: There is no change to the use, activity or number of dwelling units within the proposed amendment. The increase is GRFA is consistent with the intent of Chapter 15 of the Vail Town Code and without the size of the roof elements would qualify as a minor amendment to the SDD. 3. Parking and Loading: Compliance with parking and loading requirements as outlined in chapter 10 of this title. Proposed: The addition of GRFA does not affect the parking requirements for the units and is unchanged. 4. Comprehensive Plan: Conformity with applicable elements of the Vail comprehensive plan, town policies and urban design plans. Proposed: Village Inn Plaza is within the boundaries of the Vail Village Master Plan and further located within Mixed Use Sub -Area #1. The following objectives of the master plan are applicable to this application: Objective 1.2: Encourage the upgrading and redevelopment of residential and commercial facilities. Objective 2.5: Encourage the continued upgrading, renovation and maintenance of existing lodging and commercial facilities to better serve the needs of our guests. 5. Natural And/Or Geologic Hazard: Identification and mitigation of natural and/or geologic hazards that affect the property on which the special development district is proposed. Proposed: The above criterion is not affected by the proposed improvements. 6. Design Features: Site plan, building design and location and open space provisions designed to produce a functional development responsive and sensitive to natural features, vegetation and overall aesthetic quality of the community. Proposed: The above criterion is not affected by the proposed improvements as there are no changes proposed for the site plan. 7. Traffic: A circulation system designed for both vehicles and pedestrians addressing on and off site traffic circulation. June 21, 2016 - Page 476 of 52! Proposed: The above criterion is not affected by the proposed improvements. 8. Landscaping: Functional and aesthetic landscaping and open space in order to optimize and preserve natural features, recreation, views and function. Proposed: The above criterion is not affected by the proposed improvements. 9. Workable Plan: Phasing plan or subdivision plan that will maintain a workable, functional and efficient relationship throughout the development of the special development district. Proposed: The above criterion is not affected by the proposed improvements. V. Photo images: Below are images taken from Meadow Drive and the Frontage Road. The proposed improvements are not visible from other locations within the Village. From Meadow Dr. June 21, 2016 - Page 477 of 52! From walk below Vail Village Plaza From walk below Sebastian June 21, 2016 - Page 478 of VI. Adjacent Property Owners Vail Gateway Plaza Condo Association c/o Vail Tax & Accounting PO Box 5940 Avon, CO 81620 Vail Plaza Hotel (Sebastian) c/o Timbers Resorts 16 Vail Road Vail, CO 81657 Village Inn Plaza Phase I,II,V c/o Jonathon Staufer, Manager 100 E. Meadow Drive, #31 Vail, CO 81657 Solaris c/o Peter Noble, John Boord 2211 N. Frontage Road, Suite A Vail, CO 81657 One Willow Bridge Road Condo Association c/o Corporation Service Company 1560 Broadway, Suite 2090 Denver, CO 80202 One Willow Bridge Road Condo Association 4148 N Arcadia Drive Phoenix, AZ 85018 Talisman Condo Association c/o Ptarmigan Management 62 E. Meadow Drive Vail, CO 81657 Sonnenalp c/o Johannes Faessler 20 Vail Road Vail, CO 81657 June 21, 2016 - Page 479 of 52! CONDO REMODEL &EXPANSION 5 UNITS 501 & 502, VILLAGE INN PLAZA PHASE III, SDD #6, VAIL VILLAGE INN � k Z OC o zVAIL COLORADO� Hew REVISED PEC SUBMITTAL SET MARCH 10, 2016 � U . w � w O V1 O Ow W ►— O O o Wr -- M O � OWNER DRAWING SCHEDULE LUBLAN S.A. C COVER C/O DELTEC BANK & TRUST LIMITED TRUSTEE ILC SURVEY DELTEC HOUSE All FIFTH FLOOR & LOFT EXISTING FLOOR PLANSIA- = - — •- _ ,:. F LYFORD CLAY PO BOX N3229 A1.2 FIFTH FLOOR PROPOSED & PREVIOUSLY APPROVED PLANS NASSAU, BAHAMAS A1.3 LOFT PROPOSED & PREVIOUSLY APPROVED PLANS 17110 Ow. PROJECT NO: 1502-13 - - = -- - ,rte;. r - r - - . � ..�- ��� � ,�� .- - -- -._ - - . _- - - ~ �i�: - - r ', - LU 242 302-4100 A 1 e4 ROOF EXISTING AND PROPOSED PLANS "�, •� r R = a xt: ,._,::= A1.5 ROOF PREVIOUSLY APPROVED PLAN = —� DESIGN ARCHITECT A1.6 FIFTH FLOOR & LOFT GRFA CHANGES LOGUER DESIGN A2.1 SOUTH ELEVATION — PROPOSED & EXISTING _7._ 1450 BICKELL AVENUE, SUITE 2190 A2.2 SOUTH ELEVATION — PREVIOUSLY APPROVED & _ -- — MIAMI FLORIDA 33131 EAST ELEVATION — EXISTING (NO CHANGE) (786) 762-2260 FAX: (786) 762-2357 A2.3 NORTH ELEVATION — PROPOSED & EXISTING A2.4 NORTH & WEST ELEVATIONS — PREVIOUSLY APPROVEDcn CONSULTING ARCHITECT A2.5 WEST ELEVATION — PROPOSED & EXISTING ; ' 1 L x —'37FqF- ..LU EGGERS ARCHITECTURE, INC . — fi — lu PO BOX 798;.Lw r ref, KREMMLING, COLORADO 80459 (970)724-3411 CELL: 970 409-9790 - - t` 'LLI LU Z • `% ' ia+`jFS- - - - - iw "L' - . _ fir, at VICINITY MAP June 21, 2016 - Page 480 of 529 EXISTING FINN FLOOR LEVEL. 3/1&" June 21, 2016 - Page 481 of 529 0 UNIT 501 (5A): 4 BEDROOMS EXISTING GRFA: 2145 sf 5TH FLOOR 322 sf LOFT 24rol sf TOTAL UNIT 502 (55): 2 5EDROOMS EX15TING GRFA: 1399 sf 5TH FLOOR 0 sf LOFT 1399 sf TOTAL I I � OPEN TO BELOW I � � EXIST. U k, LOFT ti I I --- — — — — — — — — — — — — — — — — — — -- 7z I I T I W I �0c: ao I I I I I I I I I I ------- ------------------J L ----------- ----------- I I I I I I I I I L— — — — — — — — — — L- - - - - - - - - - - - - - - - - - - - - - - - - I I I ATTIC SPACE UNDER ROOF STRUCTURE I SUSPENDED MECHANICAL LOFT ATTIC SPACE ' UNDER ROOF STRUCTURE I I ATTIC SPACE UNDER ROOF STRUCTURE ON *1 LOFT OPEN TO BELOW EX15TIN LOFT FLOOR LEVEL 3/16" i LsOPT NOTES: UNIT 501 (5A): EXISTING GRFA: 322 sf LOFT UNIT 502 (55)— EXISTING GRFA. 00 sf LOFT COMMON AREA / MECHANICAL: EXISTING: 330 sf TOTAL PROJECT NO: 1702-13 F - z LU O U A1.1 Y N ------ I r- IF --------- ------ ' I I I I I I I I I o I I ----------� I- - - - - - - - - - --- I 1 � 5� KNIT 503 KNIT 503 1 q I I I I I ----------------- I I I I L 1 ^v am am IN W 4D KNIT � � KNIT 4D �M __ ' USP i -- II I II 1 ii I I II COMMON AREA I COMMON AREA II I I ------------m LITE COURT ----------------------- ---------- m LITE COURT II II I I II ATH _ BEDROOM 01 o — X, Em L/ aEOROOM *1 sib LZ 1 / I +�I / I 1:ITCHEN I / I ITCHES / II ------ ------ x ------ ------lu / �� x I I � r---�-- x—-- I x l— I--------------- O ---j ------------------------ _ F —� I�'�I ►—� ^ C 4' OR LIVING AREA CIVIN AREA BEDROOM 02 1/2" DEDROOM 02 IU- ISR I I 519 CLOSET \5* 1am ED G OS T i 1 1 ATH 03 anH 03 \ �\\ 0 \\ I I I I I \\\\ O NO ►--� H i6i 3: -14 11 11171 11 COMMON AREA STORAGECOMMON AREAMEDR I I OOM *1` t KID'S OOM I tt�w \ I � � W I I ATH ATH 02 (5�1"$ 5i SF W FLOOR AREA I FOY I777777771 CONVE FROM ATTIC I - - I® 1 IA I I ENTRANCE SPACE TO IVIDUAL UNIT I �� UP 15R !SO 1 I '� II i i HA •�tr�•MWL- - — iATH BATH ttcOONRT FLOOR FA A CORRIDOR TO MDIVID UNIT I I I I I I I O I 01 ' I V o I PROJECT NO: 1502-13 CORRIDORDr=DRI W41 ooM 03 2L, Yi I tooM PDR ° 1�� 1 I 1 I® 11 I I I I 0 F- -1 I � I I I I 4 IL--- __----- I c>- -------- INING A I I------------- � --- KITCH ------ !!tt I I I ININ G A / I � 1 ' u Ell L__JMEDROOM 03 I / ooM I 1 1 I o tt I I / sic1 --- 1 11 / I I x I U, II I - - - - - - - - z w w 1 I ISL I I o � x� I LU u1G IVING AREA - 1 / // 1 W41 eµ 1 AH 03 < IVING AREA NOTES: o / \ \ D13UNIT 501(5A).- 4 BEDROOMS /\ PROPOSED GRFA: 2248 of 5tH FLOOR (103 sf INCREASE) // / _ W / 496 of LOFT (114 of INCREASE) / // MASTER NOTES: w 2144 of TOTAL (211 of INCREASE) / / uP 15R UNIT 501 l5A): 4 BEDROOMS (n m / / BEDROOM .1 1/2• PROPOSED GRFA: 2255 of 5tH FLOOR (110 of INCREASE) — — — — — — — — IU.I.C. UNIT 502 (5B): 2 BEDROOMS / / �� 1 416 of LOFT (154 of INCREASE) z PROPOSED GRFA: 1399 of 5tH FLOOR (NO CHANCE) // / — 2131 or TOTAL (264 of INCREASE) — — — — 515 of LOFT (515 of INCREASE) 1914 of TOTAL (515 of INCREASE) _ _ _ — UNIT 502 (55): 2 BEDROOMS 11ELL-PROPOSED GRFA: 1456 of 5TH FLOOR (51 of INCREASE) 515 of LOFT (515 of INCREASE) 1911 of TOTAL (512 of INCREASE) FREVICU51......Y ,APPROVED FIFTH FLOOR LEVEL FROF05ED FIFTH FLOOR LEVEL 11-07 3/16" 11-07 June 21, 2016 - Page 482 of 529 I I I I I ATTIC SPACE UNDER ROOF STRUCTURE EXIST. LOFT ON ISI II II I II I II \ I \ \ I CLOSET b" OOM "4 bmf — — — — — — — — — — — — — — — VICUSLY A June 21, 2016 -Page 483 of 529 DN ATTIC SPACE UNDER ROOF STRUCTURE MECHANICAL LOFT EXISTMCs EQUIPMENT RELOCATED To THIS LOCATION AND NEW DUCTWORK RUN / / / / / / / / / OPEN TO BELOW / I \ / I \ / I \ I � I I I I I I I I J LOFT NOTES: UNIT 501 (DA): PROPOSED GGA: 496 of LOFT (114 of INCREASE) UNIT 502 (55): PROPOSED GGA: 515 of LOFT (515 of INCREASE) COMMON AREA/ MECHANICAL: PROPOSED: 281 of TOTAL (45 of DECREASE) OVED LOFT FLOO L --J LADDER OPEN TO BELOUI I I I J I I I I I I I I ST 62® 154 SF OF NEW FLOOR AREA CONVERTED FROM ATTIC SPACE TO INDIVIDUAL UNIT L -------- 515 OF OF NEW FLOOR AREA CONVERTED FROM ATTIC SPACE TO INDIVIDUAL UNIT ATTIC SPACE UNDER ROOF STRUCTURE ATTIC SPACE UNDER ROOF STRUCTURE EXIST, LOFT OPEN TO BELOW ATH ATTIC SPACE X04 UNDER ROOF STRUCTURE J i i III II II J1/ III II II /I � III I I I I 11 1 I ROOM III I I II I I II I I I I I I I �----- II�----- II I I I 1 11 I I I I III I I III 1 1 \\ I I III I I I II I \ \\ I I I \ III I I 111 I I I \y 1 III I I III J I I y �\ III I DN 15R 11 \ \ MECHANICAL LOFT EXISTING EQUIPMENT RELOCATED TO THIS LOCATION AND NEW DUCTWORK RUN II F — — bre I I I L__J L--� I I I I L ---J >< SHOWER � I I L J II ^ I I I I L J 109 SF OF NEW FLOOR AREA CONVERTED FROM ATTIC SPACE TO COMMON AREA OPEN TO BELOW OPEN TO BELOW OPEN TO BELOW PROPOSED LOFT FLOOR LEVEL 11-011 I I I I I I I J LOFT NOTES: UNIT 501 (5A): PROPOSED GGA: 4'16 of LOFT (154 of INCREASE) UNIT 502 (55): PROPOSED GGA: 515 of LOFT (515 of INCREASE) COMMON AREA/ MECHANICAL: PROPOSED: 281 of TOTAL (45 of NET DECREASE) PROJECT NO: 1502-13 ua o� 4 a r� U V to bA u � M � (_U LTj 0 b PROJECT NO: 1502-13 A1.31 ua 4 u 0- m n N w 0 N c Lu Cl W(� Lu LLIO U Q U1 m 73 o LU 0 0 m LU w cn m U) z A1.31 I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I d, I I I r ------------------------------------------------ Q I ----------------------- I I I I I I I i I I I I L ------------------------ I I I I I d L----------------- I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I rQ-------------------------------------------------------J I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I Lam__ I I I I I I I r--------------------- --------------------------------- I I I I I I I I I I I I L ----------------- - I I I I I I I I I I I I I I I I I I I I L--------------- ------------------------------------- I I I I I I I 477'/� I I I I I I I L -------------------------- --------------------------J EXISTING ROOF FLAN - 3/161, June 21, 2016 - Page 484 of 529 i — sr. I I I I I I I I I I I I I I I I I I I I I I I I I I I I I d, I I I r ------------------------------------------------ a I ----------------------- I I I I I I I i I I I I L_____ I I I I I a L ------------------------------------- I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I QI I I r-----------------------1-------------------------------� I I I I I I I I IF -1 I I NEW SOLAR POWERED SKYLIGHTS I I I I I I I I I II I I I I I I I I I I I I I I I I I I I I I I I I I I L-------------------- / I I I I I I I I I --------------------- ---------------------------------1 i I F------------------------------1 I I I I I I I I I I I I I I I I I I I I I I I I I I I I I i L-------- ------------------- I I I I I I I I I I I I r -------- -------------------T I I I I i w r--------- -------------------- I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I L -------- -------------------J �>J r----------------------------� I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I L-------------------J U w � I I I L ----------------- - I I I I I I I I I I I I I I I I I I I I L--------------- ------------------------------------- I I I I I I I 477'/� I I I I I I I L -------------------------- --------------------------J EXISTING ROOF FLAN - 3/161, June 21, 2016 - Page 484 of 529 i — sr. I I I I I I I I I I I I I I I I I I I I I I I I I I I I I d, I I I r ------------------------------------------------ a I ----------------------- I I I I I I I i I I I I L_____ I I I I I a L ------------------------------------- I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I QI I I r-----------------------1-------------------------------� I I I I I I I I IF -1 I I NEW SOLAR POWERED SKYLIGHTS I I I I I I I I I II I I I I I I I I I I I I I I I I I I I I I I I I I I L-------------------- / I I I I I I I I I --------------------- ---------------------------------1 i I F------------------------------1 I I I I I I I I I I I I I I I I I I I I I I I I I I I I I i L-------- ------------------- I I I I I I I I I I I I r -------- -------------------T I I I I i w U0" = --------------------� o� �>J e Zs � U w � � a� W oc � M � rr ll bb LTJOa O "d w d w h I I I I I I I I I I I I I I I I I I I I L--------------- -- ----------------------------------- I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I L-------- J I I LU LU I I I I I I � I I I I I I i I I N LU � Q Z fL I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I L -------------------------- --------------------------J PROPOSED ROOF PLAN 3/1(0111 11-/TII ROOF NOTE&: 1. ROOF MATERIAL ON NEW ROOF MASS TO BE DAVINCI SYNTHETIC SHAKE ROOFING. ALL OTHER ROOF AREAS TO REMAIN UNCHANGED. 2_ ROOF AREAS SHOWN HATCHED ARE CHANGED FROM EXISTING. 3_ ALL ROOF ASSEMBLIES MUST BE CLASS 'A' PROJECT NO: lr.702-13 w U0" = F o� �>J e � U w � � a� W oc � M � rr ll bb LTJOa O "d PROJECT NO: lr.702-13 w m O w w � Q 0 e U m W IL w d w Cn m c m z N w IL p N U) p z w LULUp � Z U � w m O A1.4 w � Q 0 e 0 m W w w Cn m c z A1.4 June 21, 2016 - Page 485 of 529 OF05 3/16" June 21, 2016 - Page 486 of 529 FIFTH FLOO NOTES: UNIT 501 (5A): 4 BEDROOMS PROPOSED GRFA: 2255 of 5tH FLOOR (110 of INCREASE) 416 of LOFT (154 of INCREASE) 2131 of TOTAL (264 of INCREASE) UNIT 502 (55). 2 BEDROOMS PROPOSED GRFA: 1456 of 5tH FLOOR (51 of INCREASE) 515 of LOFT (515 of INCREASE) IS -11 of TOTAL (512 of INCREASE) i I � I OPEN TO BELOW I � I I I EXIST. K LOFT I I ----------------------� I I I I Hwy I I I W ap I I to I I -� I I I I I I I -------------------------� I L ----------- LADDER DOWN OPEN TO BELOW 154 SF OF NEW FLOOR AREA CONVERTED FROM ATTIC SPACE TO INDIVIDUAL UNIT L----------- I —� 515 OF OF NEW FLOOR AREA CONVERTED FROM ATTIC SPACE TO NdDIVIDUAL UNIT - ATTIC SPACE UNDER ROOF STRUCTURE ATTIC SPACE UNDER ROOF STRUCTURE ---------- 1-71 ATTIC SPACE UNDER ROOF STRUCTURE THIS LOCATION AND NEW S�IIo ° I ' �--� L � LOFT F---1 ^ I I I I I I___� I DN ISR . sm�� IOS OF OF NEW FLOOR AREA CONVERTED FROM ATTIC SPACE TO COMMON AREA OPEN TO BELOW OPEN TO BELOW OPEN TO BELOW PROPOSED LOFT FLOOR LEVEL 311ro 11 11-011 LOFT NOTES: UNIT 501 (5A): PROPOSED GRFA: 416 sf LOFT (154 of INCREASE) UNIT 502 (55): PROPOSED GRFA: 515 of LOFT (515 of INCREASE) COMMON AREA/ MECHANICAL: PROPOSED: 281 of TOTAL (45 of NET DECREASE) PROJECT NO: 1502-13 W m p w W 0 0 U m LU m d w cn m U m z N w It p 0 cn p z W LU p � Z W O W m p A1.6 w 0 0 0 m LU m w cn m U z A1.6 T EXIStING RIDGE EL.= 1-14'-4I 4'-4 1/2" _ _ _ _ _ _ _ -- _ _ _ I � SOLAR POWERED ROPOSED RIDGE EL.= 168'-3 1/2" - SKYLIGHTS - - EXISTING RIDGE EL.= 164'_10 1/2" I ROOF PLATE HEIGHT= 155'-0"_ FIFTH FLOOR EL.= 145'_0" _ FOURTH FLOOR EL.= 135'-0" THIRD FLOOR EL.= 125'-0" _ SECOND FLOOR EL.= 115'-0" FIRST FLOOR EL.= 105'-0" UNDERSIDE SLAB EL.= 102'-8" PARKING LEVEL 2 EL.= 93'-0" _ 3 DAVINCI SYNTHETIC SHAKE CLASS "A" ROOF ON NEW ELEMENT BETWEEN 4 5 6 EXISTING RIDGE EL.= 1-14'-4 1/2" POSED RIDGE EL.= 168'-3 1/2" STING RIDGE EL.= 164'-10 1/2" ROOF PLATE HEIGHT= 155'-0" — FIFTH FLOOR EL.= 145'-0" _ ZTH FLOOR EL.= 135'-0" THIRD FLOOR EL.= 125'-0" SECOND FLOOR EL.= 115'-0" FIRST FLOOR EL.= 105'-0" COMMERCIAL LEVEL EL.= 95'-0" PARKING LEVEL 1 EL.= 83'-011- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - PARKING LEVEL 1 EL.= 83'-0" 5OUTH ELEVATION - FIROF05EID 1/8" I 2 EXISTING RIDGE EL.= 1-14'-4 1/2" I I EXISTING RIDGE EL.= 164'_10 1/2" I I ROOF PLATE HEIGHT= 155'-0"_ PARKING LEVEL 2 EL.= 93'-0" T I I' 1'-0" EXISTING RIDGE EL.= 1i4'-4 1/2" I EXISTING RIDGE EL.= 164'-10 1/2" ROOF PLATE HEIGHT= 155'-0" — uu uu u u u uuw_ uuuuuuuuuuuuuuuu,_.I I, I I l SECOND FLOOR EL.= 115'-0"E771 E:I.FI I FIRST FLOOR EL.= 105'-0" I F 1 1 I COMMERCIAL LEVEL EL.= 'W-0" PARKING LEVEL 2 EL.= 93'-0" — PARKING LEVEL 1 EL.= 83'-011_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ PARKING LEVEL 1 EL.= 83'-0" — SOUTH ELEVATION - EX15TING 1/8" June 21, 2016 - Page 487 of 529 O V 1 O O W V �l TT ll I—I I --I O O 1 ^ W � � M O � O � O V PROJECT NO: 1502-13 LU 4 U m N LU (210 Cl z wf� LU � Z O LLI U Q LLI 73 m Q LU 0 0 m w m LU m z A2.1 00 O M -I O1 O� a UU � W � LTJ 0 b O V 1 O O W V �l TT ll I—I I --I O O 1 ^ W � � M O � O � O V PROJECT NO: 1502-13 LU 4 U m N LU (210 Cl z wf� LU � Z O LLI U Q LLI 73 m Q LU 0 0 m w m LU m z A2.1 O © © 00 4 T EXISTING - -•• •- TOWERS w/ POWER OPERATED AWNING WINDOWS ROPOSED RIDGE EL.z 168'-3 1/2 III III .• .�� EXISTING � 1 lirr�■i■r�ii■r�■i■r�■i■r�■i■r�■i■r�■ir•1 �Jirt�Jlrrt�Jlrrt��Irrt�Jirt�Jirt�Jirt�Jii RIDGE 164'-101/2" soEiriiOiiwltlivii irri�ir�i�ir�� DAVINCI SYNTHETIC �4- SMININ rtrJlrrtrJllrrtrJlrrrrJ�rtrJ�r CLASS "A" ROOF: ON 4THII II `�irililfiCi�ilfir��lfirl 4 5TH LEVELS ONLY iir�lt►�M III IIIA`rlri����'t�Jlrrt�Jlrrt�Jlrrt�Jlrrt�Jlrrt�Jlrrt�111rrI��J�rt�J�rt�J�rt�Jlrrt�J`rt�Jirt�Jlrrt�J�rl><�J!Irl it±i�l��= � IIA III � �r�►iiri j�iri j�iri j�iri j�iri j�iri jai �i jMir����r���iNl, � ���i!ri/�ir!���!�r���iH�jhir/1� Jr±i�lrr±�rrr±�rrr±��rr±��rr±�rrr±�rrr■u�\i±��i\-ir..%' ��ir�:r�r±���\—�r��!��\�■±mil 11i�r�Tl�iy�1 IIIA III r I Ir�lilrir�iiir�iiir��iir��iir���ir���ir���irui�ir���ir ' ` ir�i�ir�i�ir�iiii�liiii�� �rlr�J���t�J�rt�J�rt�J�rt�J�rt�Jt�rt�J�rt�J�rlr�J�r���" �ROOF - OL LOFT FLOOR EL.z l54'-4"_ � �.� ��i� �� �� �i � aC�-:�Cr=s-' .±iii ■ ■■ 1■!■■ ■ .� ��■� i NEW IIII _�irr±���rr±��rrr±��rrr± DORMER -.. nl I M � �tlir��lfir��lfir��lfir��lfi� ARCH TOP -. WINDOW AND DOOR _1 _F M ' I J!rr�Jlrrt�Jlrrt�JIrrt�JIrrt�J_�i FNI 1. -------------------------------------- �i!�iir�iiir�iiir�iiir�iiirr - - - - - - 0000 FLOOR, -- ►7i:isisisisisisisisisisisisisisisisisisisisisisisisisisisisisi:i:i:i:i:i:i:i:i:i:i:i:i:i:i1� i=1:1:i:i:i:im.1111 II 011ilf111Mijf11111jijiNl/'' _—_ _---_ --_ PARKING LEVEL 2 EL.= 93'-0" EXISTING RIDGE EL.= 114'-4 1/2" 1 PROPOSED RIDGE EL.= 168'-3 1/2" EXISTING RIDGE EL.= 164'-10 1/2" ROOF PLATE HEIGHT= 155'-0" FIFTH FLOOR EL.= 145'-0" _ nrl F -I F1 FOURTH FLOOR EL.= 135'-0" FFFF I THIRD FLOOR EL.= 125'-0" PARKING LEVEL I EL.= 83'-011- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - PARKING LEVEL I EL.= 83'-0" 5OUTH ELEVATION - FREVIOU5L� APPROVED 1/8" 11-011 F E EXISTING RIDGE EL.= 114'-4 1/2" IL EXISTING RIDGE EL.= 164'-10 1/2" * ROOF PLATE HEIGHT= 155'-0" * THIRD FLOOR EL.= 125'_0" _ * SECOND FLOOR EL.= 115'-0" _ * FIRST FLOOR EL.= 105'_0" COMMERCIAL LEVEL EL.= 95'-0" I IuI f PARKING LEVEL 2 EL.= 93'-0" - - - - - - - - - -IF S - 4 - STING RIDGE EL.=_114'-4 1/2" iTING RIDGE EL.= 164'-10 1/2" ROOF PLATE HEIGHT= 155'-0" FIFTH FLOOR EL.= 145'-0" FOURTH FLOOR EL.= 135'-0" THIRD FLOOR EL.= 125'-0" _ SECOND FLOOR EL.= 115'-0" _ FIRST FLOOR EL.= 105'-0" _ HKING LEVEL 2 EL.= 93'-0" PARKING LEVEL I EL.= 83'-0"_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ PARKING LEVEL 1 EL.= 83'-0" EAST ELEVATION - EX15TING NO GHCx ANES11-011 June 21, 2016 - Page 488 of 529 l✓ r 1 °�o l M-1 O1 O� �O r� U c� V bA � M � V O LTj 0 b O V 1 O O W V �l TT ll I—I I --I � o � W � � M O � O � F—I O V PROJECT NO: 1502-13 LLI 4 U m N W (21p N cn p z Lu LU p � Z � Lu O U Q LLI 73 m p L 0 0 m w Lu Lu z A2.21 PARKING LEVEL 1 EL.=_83'-0" _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ PARKING LEVEL 1 EL.= 83'-0" NORTH ELEVATION - FIROF05EID 1/8" III FF T I L !.I 2 1 dk EXISTING RIDGE EL.= 1-t4'-4 1/2" I I I I I I EXISTING RIDGE EL.= 164'-10 1/2" FT T I I I I I I I T I I I I I I I I I I I 1 I I I PARKING LEVEL 2 EL.= 93'-0" _ _ _ _ ------ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ PARKING LEVEL 2 EL.= SV -0" PARKING LEVEL 1 EL.=_83'-0" _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ PARKING LEVEL 1 EL.= 83'-0" NCRT�4 ELEVATION EX15TING 1/8" June 21, 2016 - Page 489 of 529 O V1 0 H O W V �l TT ll I—I I --I O O W � � M O � CA CA O � O PROJECT NO: 1502-13 LI 4 U m N w (21p N cn p z L1 LU p � Z LI O U Q LI 73 m p L Q c<1 Lij m L C', Z A2.31 o� a r� U V bA � M � (_U o LTj 0 b O V1 0 H O W V �l TT ll I—I I --I O O W � � M O � CA CA O � O PROJECT NO: 1502-13 LI 4 U m N w (21p N cn p z L1 LU p � Z LI O U Q LI 73 m p L Q c<1 Lij m L C', Z A2.31 T NEW ROOF BETWEEN ELEVATOR TOWERS w/ POWER OPERATED AWNING WINDOWS T 3 Ciel. ----------- --------- ;---; --------- m 7F1 2.1 2 u u I EXISTING RIDGE EL.= 1i4'-4 1/2" I I I I I ' PROPOSED RIDGE EL.= 16i -8 3/4" EXISTING RIDGE EL.= 164'-10 1/2"Zyl NEW DORMER ROOF AND ADJACENT ROOF CHANGES. NEW WINDOWS IN DORMER ROO_F PLATE_ HEIGHT= FIFTH FLOOR EL.= 145'-0" I , , ILL I ti I I I I I 1 � FOURTH FLOOR EL.= 135'-0" o Z 00 U M--1 O nE I I � 1 Aga u THIRD FLOOR EL.= 125'-0" _ rr�ll U U Q SECOND FLOOR EL.= 115'-0" <r , I I � FIRST FLOOR EL.= 105 -0�� I I I I I I I I I I I I I I I I I I PARKING LEVEL 2 EL.= 93'-0" - - - - ------ -- - - - - - - - - - - - - - - - - - - - - - - - - - - - PARKING LEVEL 2 EL.= 93'-0" PARKING LEVEL 1 EL.=_83'-0" _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ PARKING LEVEL 1 EL.= 83'-0" NORTH ELEVATION - FREVIOU5L� APPROVED 1/8" 11-011 B C D E F EXISTING RIDGE EL.= 114'-41 _ _ _ _ _ _ _ _ - _ _ _ _ _ _ _ _ _ _ _ _ _ _ --------------- EXISTING RIDGE EL.= li4'-4 I/2"- I I I I NEW DORMER ROOF AND ADJACENT ROOF CHANGES. I I I EXISTING RIDGE EL.= 164'-10 1 _ _ _ _ _ _ _ _ I_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ OIL EXISTING RIDGE EL.= 164'-10 1/2" Qe:)rp PI ATF W;=Ie-,WT= 155'-01, I Rne--x PI ATF W;=It-,WT= 155'-n-1 PARKING LEVEL I EL.= 83'-0" _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ PARKING LEVEL 1 EL.= 83'-011- - WE5T ELEVATION - PREVIOUSLY APPROVED11-011 June 21, 2016 - Page 490 of 529 O V 1 O O W V �l Q�a W O O W � � M O � O O V PROJECT NO: 1502-13 LI 4 U CIA N w 1L (21p N cn p z L1 Lu p � Z LI O U Q LI 73 m p L Q nl w m L m D A2.41 B C D E F EXISTING RIDGE EL.= 114'-4 1 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ EXISTING RIDGE EL.= 114'-4 1/2" III Hill III Hill III I SOLAR POWERED EXISTING RIDGE EL.= 164'-10 1 _ _ _ _ _ _ _ _ _ _ _ SK _IGHTS _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ EXISTING RIDGE EL.= 164'-10 1/2" i HIM Hill I� Hill 11 Hill 11 Hill III Hill ROOF PLATE 1-IEIGI-IT= 155'-0" I ROOF PLATE 1-IEIGI-IT= 155'-0" � Q O ti PARKING LEVEL 1 EL.= 83'-0" _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ PARKING LEVEL I EL.= 83'-011 _ WE5T, 1/8" NATION - OPOS 1'-0" B B C D E F EXISTING RIDGE EL.= 114'-4 1 _ _ ------ _ _ _ _ _ _ _ _ _ _ --------------------------- _ EXISTING RIDGE EL.= 114'-41/2" iiiiii hill 111111111 11 1 111 11 1 1 IYN I 111 11 EXIStING RIDGE EL.= 164'-10 _ _ _ - _ _ _ _ _ _ _ _ _ _ _ _ I ------ __ _ _ _ _ _ _ ------ _ _ EXISTING RIDGE EL.= 164'-10 I/2" III mililill IIIIIII IIIIIII III ROOF PLATE 1-IEIGI-IT= 155'-0" ROOF PLATE I-IEIGI-IT= 155'-0" PARKING LEVEL 1 EL.= 83'-0" _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ PARKING LEVEL I EL.= 83'-0"_ WE5T ELEVATION - EX15TING11-011 June 21, 2016 - Page 491 of 529 O V1 0 O W V I� O TT ll I—I I --I O O W � � M O � O � F—I O V PROJECT NO: 1502-13 4 U m N w (21p N U) p z w LU p � Z � ua O U Q U! 73 CID p L Q nl w m �^ w vJ m z A2.51 Q.) 0� Z 00 o o� r� U V � bA � M � LTJ 0 b O V1 0 O W V I� O TT ll I—I I --I O O W � � M O � O � F—I O V PROJECT NO: 1502-13 4 U m N w (21p N U) p z w LU p � Z � ua O U Q U! 73 CID p L Q nl w m �^ w vJ m z A2.51 41199 HIGHWAY 6 & 24, EAGLE-VAIL P.O. BOX 1230 EDWARDS, CO. 81632 (970)949-1406 SpUTH FRONT STORM - A �e ROAD INLET 0 \-�� INTERSTATE 7 BOX � O R � pW \� �\ TOP/BACK CURB STORM /EDGE ASPHALT ROAD _ H GRATE TOP/BACK CURB FLOWLINE ( PAVER r� _ PAN F WALK 1 0.6' STEEL/ CONC. POST 0.3' DRAIN 0.6' STEEL/ CONC. POST CONC. WALK 0.3' DRAIN STEEL a ° FENCE DOWNSPOUT %� 1 S7946'00,,E DRAINCOCH RE 1 4.08' 80.9 ° -><CONC. r 1 1' DRAIN • WALK 1' DRAIN® I 1 0.5' DRAIN 13. 1 1 I 1 JI 42 +/_,° 2' ELEC. � ' STORM GRATE em 29.2' TRANSFORMER 5 _ 11.3'Od d 3 .91 27.5' 00 C %I`'4 2. 9, ECKI�N • 1' DRAIN Q S10'14'E 21'+/- HOLY CROSS EASEMENT 7.9, AS RECORDED IN 8326, P932. BUILDING WALL LINE 2.1'X27.8' 1 BUILDING N09'30'00"E al° OVERHANG 190.44' 27.5• VAIL PLAZA HOTEL 0.3' DRAIN O O �❑O ❑ ❑ RESORT CLUB ❑ ❑ ❑ ❑ ❑ e�� ❑ o e ❑ `r 1' DRAIN ❑ N ❑ ❑ ❑ ❑ 28.0' 0.3' DRAIN ❑a ❑ ❑ ❑ ❑ ❑ EPT99 ;/< u ElEf"R ❑ El❑ El❑❑❑❑ STONE VENEER 0.7' DRAIN N80'30'00"W • 0.7' DRAIN 56.60' VAIL VILLAGE PLAZA CONDOMINIUMS June 21, 2016 - Page 492 of 529 00 PAVER a ° PATIO CONCRETE 27.4' DRIVEWAY ' 3 P V_ DOWNSPOUT DRAIN 80.1 a.Z `. ri 40.0' 0 Ki 5.7 X9.9 ° co s .• / / VENT ° ° / JCAL 80X a O VILLAGE INN PLAZA 2.o'x27.8' 20 00' CONDOMINIUMS BUILDING OVERHANG I a AREA 1.074 ACRES LS#30116 IBUILDING 6 STORY STUCCO/WOOD ° BUILDING WITH PARKING OVER ANG a ` GARAGE BELOW o°3' STEEL I a ° PIPE 1 DOWNSPOUT DRAIN \ 12.0' _ _ 12.0' tXtXtk NSPOUT DRAIN DECK X 00 io \ IN TRENCH DRAIN ; DOWNSPOUT DRAIN 80.1 a.Z `. ri 40.0' 0 Ki STAIRS H4 N 39'30'00"W 82,00' PAVER WALK STAIRS ... N1 0*1 3'02"E 52.98' 1' UTILITY MANHOLE o 27.s' OECIC I w C; PATIO N ABOVE GARAGE -7-,_27.5' cTcac I 1414MI.1 GAS VALVE HOUSING ro M 0.64�_,j BUILDINGf\2 OVERHAN 3 STORY STUCCO/WOOD BUILDING 7.3 18.7' (BELSTA OW (RWELL OVERHANG) i I I •� J Cd_ _ DECK L 10.1' - C5 CONCRETE LANDING 0.9� ` � 11� 0.3' ro N N (n O O fv W 6 O M N N OD S82.18 -E 6.1' AIRS VENT N00'04'W 147.5' 12.0' 12.1' 1 10' EASEMENT FOR HOLY CROSS ELECTRIC 321ASSOC. REORDED IN B222, EAST MEADOW DRIVE (40' R. p, W.) TOPOGRAPHIC LOCATES TAKEN TO CONSTRUCTION FENCE AT BACK OF WALL. LOT P CROSSROADS OF VAIL A CONDOMINIUM SITE UNDER CONSTRUCTION. BUILDING OUTLINE NUMEROUS OVERHANGS, WALLS AND DECKS NOT SHOWN LOT P CROSSROADS OF VAIL A CONDOMINIUM STAIRS / FD NAIL & WASHER LS #27598 NOTES: 1) DATE OF SURVEY: 12/23/13 2) SURVEYOR HAS MADE NO INVESTIGATION OR INDEPENDENT SEARCH FOR AMENDED PLATS, EASEMENTS OF RECORD (OTHER THAN PLATTED), ENCUMBRANCES, RESTRICTIVE COVENANTS, OWNERSHIP TITLE EVIDENCE, OR ANY OTHER FACTS THAT AN ACCURATE AND CURRENT TITLE SEARCH MAY DISCLOSE. 3) NOTICE: ACCORDING TO COLORADO LAW YOU MUST COMMENCE ANY LEGAL ACTION BASED UPON ANY DEFECT IN THIS SURVEY WITHIN THREE YEARS AFTER YOU FIRST DISCOVER SUCH DEFECT. IN NO EVENT, MAY ANY ACTION BASED UPON ANY DEFECT IN THIS SURVEY BE COMMENCED MORE THAN TEN YEARS FROM THE DATE OF THE CERTIFICATION SHOWN HEREON. 4) BASIS OF PROPERTY LINE LOCATION: FOUND MONUMENTS AT CORNER SECTION 5/6/7/8 AND N 1/16 COR SECTION 7/8 T5S, R80W, 6TH P.M. 5) BEARINGS AND DISTANCES ALONG PROPERTY LINES SHOWN HEREON ARE AS SHOWN ON THE SUBDIVISION PLAT ONLY. A BOUNDARY SURVEY WOULD BE NECESSARY TO DETERMINE THE TRUE DIMENSIONS OF THE LOT AND SETBACKS, WHICH MAY VARY FROM THE PLATTED DIMENSIONS. 6) THIS SURVEY AND THE INFORMATION CONTAINED HEREON IS THE PROPERTY OF EAGLE VALLEY SURVEYING, INC. AND IS INTENDED FOR THE SOLE USE OF THE ORIGINAL CLIENT ONLY. ANY USE OF OR TRANSFER TO OTHERS IS PROHIBITED. 7) AREAS OF BUILDING/PARKING GARAGE BELOW GROUND ARE NOT SHOWN ON THIS DRAWING. LEGEND ® DENOTES SEWER MANHOLE (E DENOTES ELECTRIC MANHOLE ua DENOTES WATER VALVE .. DENOTES SPRINKLER VALVE p DENOTES TV HANDHOLE 0 DENOTES UTILITY HANDHOLE ® DENOTES ELECTRIC HANDHOLE DENOTES LIGHT POLE ♦ DENOTES STAND PIPE o DENOTES ELECTRIC OUTLET ® DENOTES SCULPTURE X DENOTES SEWER CLEANOUT I DENOTES SIGN V DENOTES FIRE HYDRANT • DENOTES GAS VALVE 0 DENOTES GAS METER DENOTES ROCK WALL ® DENOTES STONE VENEER WALL ® DENOTES WOOD TIE WALL ® DENOTES CONCRETE WALL DENOTES BLOCK WALL IMPROVEMENT LOCATION CERTIFICATE I hereby certify that this Improvement Location Certificate was prepared for that it is not a land survey plat or improvement survey plat, and that it is not to be relied upon for the establishment of fence, building or other future improvement lines. I further certify that the improvements on the above described parcel on this date, 12/23/13, except utility connections, are entirely within the boundaries of the parcel, except as shown, that there are no encroachments upon the described premises by improvements on any adjoining premises, except as indicated, and that there is no apparent evidence or sign of any easement crossing or burdening any part of said parcel, except as noted. Mason L. Torry Colorado P.L.S. 38233 Date: \ N09'30'00"E F uNo AIL 20 00' &WASHER LS#30116 IBUILDING N o, OVER ANG STORM GRATE \ 12.0' _ _ 12.0' BUILDING OUTLINE \ DECK X io \ IN DECK N STAIRS H4 N 39'30'00"W 82,00' PAVER WALK STAIRS ... N1 0*1 3'02"E 52.98' 1' UTILITY MANHOLE o 27.s' OECIC I w C; PATIO N ABOVE GARAGE -7-,_27.5' cTcac I 1414MI.1 GAS VALVE HOUSING ro M 0.64�_,j BUILDINGf\2 OVERHAN 3 STORY STUCCO/WOOD BUILDING 7.3 18.7' (BELSTA OW (RWELL OVERHANG) i I I •� J Cd_ _ DECK L 10.1' - C5 CONCRETE LANDING 0.9� ` � 11� 0.3' ro N N (n O O fv W 6 O M N N OD S82.18 -E 6.1' AIRS VENT N00'04'W 147.5' 12.0' 12.1' 1 10' EASEMENT FOR HOLY CROSS ELECTRIC 321ASSOC. REORDED IN B222, EAST MEADOW DRIVE (40' R. p, W.) TOPOGRAPHIC LOCATES TAKEN TO CONSTRUCTION FENCE AT BACK OF WALL. LOT P CROSSROADS OF VAIL A CONDOMINIUM SITE UNDER CONSTRUCTION. BUILDING OUTLINE NUMEROUS OVERHANGS, WALLS AND DECKS NOT SHOWN LOT P CROSSROADS OF VAIL A CONDOMINIUM STAIRS / FD NAIL & WASHER LS #27598 NOTES: 1) DATE OF SURVEY: 12/23/13 2) SURVEYOR HAS MADE NO INVESTIGATION OR INDEPENDENT SEARCH FOR AMENDED PLATS, EASEMENTS OF RECORD (OTHER THAN PLATTED), ENCUMBRANCES, RESTRICTIVE COVENANTS, OWNERSHIP TITLE EVIDENCE, OR ANY OTHER FACTS THAT AN ACCURATE AND CURRENT TITLE SEARCH MAY DISCLOSE. 3) NOTICE: ACCORDING TO COLORADO LAW YOU MUST COMMENCE ANY LEGAL ACTION BASED UPON ANY DEFECT IN THIS SURVEY WITHIN THREE YEARS AFTER YOU FIRST DISCOVER SUCH DEFECT. IN NO EVENT, MAY ANY ACTION BASED UPON ANY DEFECT IN THIS SURVEY BE COMMENCED MORE THAN TEN YEARS FROM THE DATE OF THE CERTIFICATION SHOWN HEREON. 4) BASIS OF PROPERTY LINE LOCATION: FOUND MONUMENTS AT CORNER SECTION 5/6/7/8 AND N 1/16 COR SECTION 7/8 T5S, R80W, 6TH P.M. 5) BEARINGS AND DISTANCES ALONG PROPERTY LINES SHOWN HEREON ARE AS SHOWN ON THE SUBDIVISION PLAT ONLY. A BOUNDARY SURVEY WOULD BE NECESSARY TO DETERMINE THE TRUE DIMENSIONS OF THE LOT AND SETBACKS, WHICH MAY VARY FROM THE PLATTED DIMENSIONS. 6) THIS SURVEY AND THE INFORMATION CONTAINED HEREON IS THE PROPERTY OF EAGLE VALLEY SURVEYING, INC. AND IS INTENDED FOR THE SOLE USE OF THE ORIGINAL CLIENT ONLY. ANY USE OF OR TRANSFER TO OTHERS IS PROHIBITED. 7) AREAS OF BUILDING/PARKING GARAGE BELOW GROUND ARE NOT SHOWN ON THIS DRAWING. LEGEND ® DENOTES SEWER MANHOLE (E DENOTES ELECTRIC MANHOLE ua DENOTES WATER VALVE .. DENOTES SPRINKLER VALVE p DENOTES TV HANDHOLE 0 DENOTES UTILITY HANDHOLE ® DENOTES ELECTRIC HANDHOLE DENOTES LIGHT POLE ♦ DENOTES STAND PIPE o DENOTES ELECTRIC OUTLET ® DENOTES SCULPTURE X DENOTES SEWER CLEANOUT I DENOTES SIGN V DENOTES FIRE HYDRANT • DENOTES GAS VALVE 0 DENOTES GAS METER DENOTES ROCK WALL ® DENOTES STONE VENEER WALL ® DENOTES WOOD TIE WALL ® DENOTES CONCRETE WALL DENOTES BLOCK WALL IMPROVEMENT LOCATION CERTIFICATE I hereby certify that this Improvement Location Certificate was prepared for that it is not a land survey plat or improvement survey plat, and that it is not to be relied upon for the establishment of fence, building or other future improvement lines. I further certify that the improvements on the above described parcel on this date, 12/23/13, except utility connections, are entirely within the boundaries of the parcel, except as shown, that there are no encroachments upon the described premises by improvements on any adjoining premises, except as indicated, and that there is no apparent evidence or sign of any easement crossing or burdening any part of said parcel, except as noted. Mason L. Torry Colorado P.L.S. 38233 Date: TOWN OF Memorandum To: Planning and Environmental Commission From: Community Development Department Date: April 14, 2014 Subject: A request for a recommendation to the Vail Town Council on a major amendment to a Special Development District No. 6, Vail Village Inn, pursuant to Section 12- 9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn Phase 3) /Lot ❑, Block 5D, Vail Village Filing 1, and setting forth details in regard thereto. (PEC130046) Applicant: Deltec Bank and Trust, represented by Eggers Architect Planner: Jonathan Spence I. SUMMARY The applicant, Deltec Bank and Trust, represented by Eggers Architect, is requesting a recommendation to the Vail Town Council on a major amendment to Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow, Units 501 and 502, (Vail Village Inn, Phase 3). Based upon Staff's review of the criteria outlined in Section VII of this memorandum and the evidence and testimony presented, the Community Development Department recommends the Planning and Environmental Commission forwards a recommendation of approval, with conditions, of the major amendment to Special Development District (SDD) No. 6, Vail Village Inn, subject to the findings noted in Section VIII of this memorandum. li. DESCRIPTION OF THE REQUEST The applicant is proposing to add approximately 277 square feet of GRFA to Unit 501 and approximately 515 square feet of GRFA to Unit 502. Components of this project include: • The main floor entrance of Unit 501 will expand into the existing common area, capturing 103 square feet of floor area. This expansion coincides with a complete interior remodel of that level. June 21, 2016 - Page 493 of 52! • The existing 322 square foot loft of Unit 561 is proposed to be remodeled to include a bedroom suite and loft area with an increase of 174 square feet. • A new roof element is being added to Unit 501 to meet egress requirements for the bedroom suite and loft area. The roof will present as a dormer on the north elevation and as a gable end element on the south elevation. The ridgeline of the proposed gable matches the existing ridgeline of the building. • The existing 5th floor deck of Unit 501 is proposed to be enlarged to coincide with the new roof element. • Unit 502 is proposing an interior remodel that includes a new loft in the attic area above the unit currently occupied by a suspended mechanical mezzanine. The mechanicals will be relocated and the 515 square foot loft will consist of an exercise room with an attached bath and steam room. • A shed dormer is proposed to provide natural lighting to the new loft area of Unit 502. This dormer bridges the existing tower elements and is approximately three (3) feet above the existing ridge. • All new roof elements and the existing roofs of levels four and five will be clad in DaVinci Shakes. The existing roof was shingled with natural wood shakes in 2005. The remaining wood shingle elements in existence on levels two and three will be replaced in the future with DaVinci Shakes to match. • Replacement of the existing outdated street lights located along the Frontage Road with lights that meet Town of Vail specifications. The applicant has provided a written description of their request, (Attachment A) and plans, (Attachment B), both dated April 4, 2014. Ill. BACKGROUND In 1976, the Vail Town Council adopted Ordinance No. 7, Series of 1976, establishing Special Development District No.6, Vail Village Inn. The purpose of SDD No.6 is to assure the comprehensive development and use of an area of land in a manner that would be harmonious with the general character of the town, provide adequate open space and recreation amenities, and promote the objectives of the zoning ordinance of the town. Ordinarily, a special development district will be created only when the development is regarded as complementary to the Town by the Town Council, Planning and Environmental Commission, and Design Review Board, and there are significant aspects of the development which cannot be satisfied under the existing zoning. Town of Vail Page 2 June 21, 2016 - Page 494 of 52! Project History: The following is a summary of the existing phases and development for the Vail Village Inn Special Development District (SDD No. 6): Phase I- This phase consists of the buildings located at the southeast corner of the District. Phase I includes one residential dwelling unit approximately 3,927 square feet in size and nine commercial/retail spaces. The original development plan for Phase I called for 16,128 square feet of commercial space, and no GRFA. The Alpenrose Restaurant is part of Phase I. Phase II- This phase consists of three residential dwelling units totaling approximately 3,492 square feet in size and three commercial/retail spaces. Phase II is generally located in the center of the District and includes the Claggett-Rey Gallery. Phase III- This Phase consists of twenty-nine residential dwelling units totaling approximately 44,830 square feet in size and six commercial/retail spaces. Phase III is located at the northeast corner of the District. Phase IV- This is the original, oldest and most recently redeveloped Phase in the District. This Phase (The Sebastian) consists of two residential dwelling units totaling approximately 6,827 square feet in size, one hundred accommodation units and forty-nine fractional fee units comprising approximately 97,788 square feet of floor area. Phase IV is generally located in the northwest corner of the District. Phase V- This Phase consists of eleven residential dwelling units and three accommodation units totaling approximately 9,972 square feet of floor area and four commercial/retail spaces. Phase V is located in the southwest corner of the District at the intersection of Vail Road and East Meadow Drive. This phase includes the La Botega restaurant. Ordinance No. 1, Series of 1985 (March, 1985) granted 120,600 square feet of GRFA to SDD No. 6. This ordinance also required a minimum of 175 accommodation units (AUs) and 72,400 square feet of GRFA, devoted entirely to AUs in Phase IV. Ordinance No. 14, Series of 1987 (May, 1987), amended Phase IV of SDD No. 6. The amendment allowed Phase IV to be broken into two distinct and separate phases, which were called Phase IV and Phase V. This ordinance also set the maximum GRFA for the SDD at 120,600 square feet. Further, the ordinance required a minimum of 148 AUs and 67,367 square feet of GRFA devoted to AUs in Phases IV and V. Town of Vail Page 3 June 21, 2016 - Page 495 of 52! Ordinance No. 24, Series of 1989 (November, 1989) amended the density section of SDD No. 6. This ordinance modified the SOD by increasing the allowable GRFA to a total of 124,527 square feet. This allowed Unit No. 30 (originally Good's retail) in the Vail Village Plaza Condominiums to be converted from commercial to residential use. The space consists of 3,927 square feet of GRFA, and the conversion to residential use has been completed. This ordinance also maintained the approval for a minimum of 148 AUs and 67,367 square feet of GRFA, devoted to AUs, in Phases IV and V of SDD No.6. Ordinance No. 1 and No. 4, Series of 2000, a major amendment to Special Development District No. 6 was approved to allow for construction of the Vail Plaza Hotel. Ordinance No. 15, Series of 2001 adopted a revised Approved Development Pian for Phase II, which brought the total allowable GRFA for the entire SDD No. 6 to 182,325 square feet. Ordinance No. 21, Series of 2001 adopted a revised Approved Development Pian for Phase IV (i.e. Vail Plaza Hotel), and did not specify, in the form of a revised Approved Development Plan, the total allowable GRFA for the entirety of SDD No. 6. Ordinance No. 32, Series of 2003, adopted a major amendment to SDD No. 6, allowing for the construction of a new dwelling unit above the Alpenrose Restaurant location, which increase the amount of allowable GRFA for the entire SDD to 184,708 sq. ft. and increase the density to 13 DU's per acre. Ordinance No. 6, Series of 2005, adopted a major amendment to SDD No. 6, revising the amount of allowable GRFA for the entire SDD to 186,561 sq. ft. and increasing the density to 13.25 DU's per acre. IV. APPLICABLE PLANNING DOCUMENTS A. Title 12, Zoning Regulations, Vail Town Code CHAPTER 12-1, TITLE, PURPOSE AND APPLICABILITY (in part) Section 12-1-2: Purpose: A. General: These regulations are enacted for the purpose of promoting the health, safety, morals, and general welfare of the Town, and to promote the coordinated and harmonious development of the Town in a manner that will conserve and enhance its natural environment and its established character as a resort and residential community of high quality. Town of Vail Page 4 June 21, 2016 - Page 496 of 52! B. Specific: These regulations are intended to achieve the following more specific purposes.- 1. urposes: 1. To provide for adequate light, air, sanitation, drainage, and public facilities. 2. To secure safety from fire, panic, flood, avalanche, accumulation of snow, and other dangerous conditions. 3. To promote safe and efficient pedestrian and vehicular traffic circulation and to lessen congestion in the streets. 4. To promote adequate and appropriately located off-street parking and loading facilities. 5. To conserve and maintain established community qualities and economic values. 6. To encourage a harmonious, convenient, workable relationship among land uses, consistent with Municipal development objectives. 7. To prevent excessive population densities and overcrowding of the land with structures. 8. To safeguard and enhance the appearance of the Town. 9. To conserve and protect wildlife, streams, woods, hillsides, and other desirable natural features. 10. To assure adequate open space, recreation opportunities, and other amenities and facilities conducive to desired living quarters. 11. To otherwise provide for the growth of an orderly and viable community. ARTICLE 12-9A, SPECIAL DEVELOPMENT DISTRICT (in part) 12-9A-1: Purpose and Applicability: R. Purpose: The purpose of the special development district is to encourage flexibility and creativity in the development of land in order to promote its most appropriate use; to improve the design character and quality of the new development with the town; to facilitate the adequate and economical provision of streets and utilities; to preserve the natural and scenic features of open space areas, and to further the overall goals of the community as stated in the Vail comprehensive plan. An approved development plan for a special development district, in conjunction with the property's underlying zone district, shall establish the requirements for guiding development and uses of property included in the special development district. Town of Vail Page 5 June 21, 2016 - Page 497 of 52! V. Vi. B. Applicability: Special development districts do not apply to and are not available in the following zone districts: hillside residential, single-family residential, two-family residential and two-family primarylsecondary residential. 12-9A-10: AMENDMENT PROCEDURES: B. Major Amendments: Requests for major amendments to an approved special development district shall be reviewed in accordance with the procedures described in section 12- 9A-4 of this article. 2. Owners of all property requesting the amendment, or their agents or authorized representatives, shall sign the application. Notification of the proposed amendment shall be made to owners of all property adjacent to the property requesting the proposed amendment, owners of all property adjacent to the special development district, and owners of all property within the special development district that may be affected by the proposed amendment (as determined by the department of community development). Notification procedures shall be as outlined in subsection 12-3-6C of this title. SURROUNDING LAND USES Land Uses Zoning North: CDOT right-of-way Not Zoned South: Mixed Use Public Accommodation East: Mixed Use SDD #39 (Solaris) West: Multiple Family SDD #21 (Gateway) ZONING ANALYSIS/SDD #6, PHASE III Development Standard Approved/ Existing Proposed Change Gross Residential Floor Area (GRFA) Unit 501 2,467 sq. ft. 2,744 sq. ft. +277 sq. ft. Unit 502 1,399 sq. ft. 1,914 sq. ft. +515 sq. ft. Total SDD #6 186,561 sq. ft. 187,353 sq. ft. +792 sq. ft. (0.4%T) Parking 108 spaces 108 spaces 1.4 s aces per unit 1.4 spaces per unit No change Dwelling Units DUs 11 Dwelling Units 11 Dwelling Units No change Height 5 stories (74.3' per 5 stories (74.3' per No change (new roof SDD) SDD) elements @ 67.6' Town of Vail Page 6 June 21, 2016 - Page 498 of 52! Site Covera e 55%(per SDD 38% 1 No change Landscaping 30% (per SDD) 157% 1 No change VII. SPECIAL DEVELOPMENT DISTRICT AMENDMENT REVIEW CRITERIA Before acting on a major amendment to a special development district amendment application, the Planning and Environmental Commission and Town Council shall consider the following factors with respect to the proposal - 1. Compatibility: Design compatibility and sensitivity to the immediate environment, neighborhood and adjacent properties relative to architectural design, scale, bulk, building height, buffer zones, identity, character, visual integrity and orientation. In contrast to other phases of SDD #5, Phase III has seen relatively few amendments. The structure has seen minor changes since its original construction, mainly exterior window updates and interior remodels, but remains largely unchanged from its original build. The proposed modifications will add interest and detail to the building and assists in its relationship to the more recently constructed adjacent properties. Staff believes that the proposed additions are compatible with the neighborhood related to architectural design and style. The additions will have a minor effect on the building's perceived mass and scale. The application has followed the guidelines recommended in the Vail Village Urban Design Standards by locating the infill out of sun/shade or views as illustrated by the drawings below- Sun/ShadelViews 1-1■y _* a. ! .w VTI II { -1-1 Pedestrian Level Town of Vail Page 7 June 21, 2016 - Page 499 of 52! Tl _ -- Page 7 June 21, 2016 - Page 499 of 52! Sun/ShadeNieGrs SunrShadei\iiews 44 Flo':: of Roof Forms U Level Pedestrian Level The proposal complies with the overall height limit of the district as the proposed dormers do not increase the building's height. The new roof forms follow the flow of the existing roof forms to allow the viewer's eye to carry, resulting in a complete building whose additions are not over dominant or recognizable. The building additions are of appropriate scale for the structure and are compatible with the character of the neighborhood. Staff finds the proposal does comply with this criterion. 2. Relationship: Uses, activity and density which provide a compatible, efficient and workable relationship with surrounding uses and activity. The proposal does not propose to change any of the uses, activity, or densities which are currently constructed within the project. The proposal to increase the allowable GRFA within the SID❑ requires mitigation of the impacts to employee generation pursuant to Chapter 12-24, Inclusionary Zoning, Vail Town Code. The applicant has stated in their written materials that the pay -in -lieu option would be selected if the proposal were approved. An increase in the allowable GRFA by 792 square feet results in a pay -in -lieu fee of $10,664.00 (79.2 s. f. x $134.65) under the existing adopted fee schedule. The pay -in -lieu fee is currently under its annual review with potential changes occurring in April. The required payment is calculated at the time of building permit submittal and may be different that the number above. Staff finds the proposal complies with this criterion. 3. Parking and Loading: Compliance with parking and loading requirements as outlined in chapter TO of this title. Town of Vail Page 8 June 21, 2016 - Page 500 of 52! The proposal to add approximately 792 square feet of GRFA to Units 501 and 502 do not change the required parking or loading and delivery requirements for the development. As a component of the approval for the Sebastian, its developer was required to provide a centralized loading and delivery facility for the use of all owners and tenants within SDD #6 and also to be made available for public and/or private loading and delivery programs. The continued use of this facility is vital in mitigating the loading and delivery impacts upon Vail Village. Staff finds the proposal complies with this criterion. 4. Comprehensive Plan: Conformity with applicable elements of the Vail comprehensive plan, town policies and urban design plans. Staff has reviewed the Vail comprehensive plan and found the following documents and associated goals, objectives, statements applicable to this proposal. Vail Land Use Plan (in part) 1. General Growth 1 Development 1.1 Vail should continue to grow in a controlled environment, maintaining a balance between residential, commercial and recreational uses to serve both the visitor and the permanent resident. 1.12 Vail should accommodate most of the additional growth in existing developed areas (infill areas). 4. Village Core 1 Lionshead 4.1. Future commercial development should continue to occur primarily in existing commercial areas. Future commercial development in the Core areas needs to be carefully controlled to facilitate access and delivery. 4.2. Increased density in the Core areas is acceptable so long as the existing character of each area is preserved through implementation of the Urban Design Guide Plan and the Vail Village Master Plan. 4.3. The ambiance of the Village is important to the identity of Vail and should be preserved. (Scale, alpine character, small town feeling, mountains, natural settings, intimate size, cosmopolitan feeling, environmental quality.) Town of Vail Page 9 June 21, 2016 - Page 501 of 52! 5. Residential 5.1. Additional residential growth should continue to occur primarily in existing, platted areas and as appropriate in new areas where high hazards do not exist. Vail Village Master Plan (in part) V. GOALS, OBJECTIVES. POLICIES AND ACTION STEPS GOAL #1 ENCOURAGE HIGH QUALITY, REDEVELOPMENT WHILE PRESERVING UNIQUE ARCHITECTURAL SCALE OF THE VILLAGE iN ORDER TO SUSTAIN ITS SENSE OF COMMUNITY AND IDENTITY. Objective 1.1: implement a consistent development review process to reinforce the character of the Village. Policy 1.1.1: Development and improvement projects approved in the Village shall be consistent with the goals, objectives, policies and design considerations as outlined in the Vail Village Master Plan and Urban Design Guide Plan. Objective 1.2: Encourage the upgrading and redevelopment of residential and commercial facilities. Policy 1.2.1: Additional development may be allowed as identified by the Action Plan and as is consistent with the Vail Village Master Plan and Urban Design Guide Plan. VII. VAIL VILLAGE SUB -AREAS A major goal of this Plan is to address the Village as a whole and at the same time be sensitive to the opportunities and constraints that may exist on a site specific basis. To facilitate long range planning unique to each area of the Village, ten different sub -areas are delineated in this Plan. Sub -areas were determined based on a number of different considerations. Foremost among these were: design and site characteristics geographic or physical boundaries land uses and ownership patterns Each of the fen sub -areas have been evaluated relative to the overall goals, objectives, and policies outlined for Vail Village. The potential improvement projects, referred to as sub -area concepts, which have emerged from this evaluation are graphically represented on the Action Plan. These sub -area Town of Vail Page 10 June 21, 2016 - Page 502 of 52! concepts are physical improvements intended to reinforce the desired physical form of the Village as outlined in the various elements of the Master Plan. The 70 sub -areas (which follow), provide detailed descriptions of each sub -area concept and express the relationship between the specific sub -area concepts and the overall Plan. The applicable goals and objectives are cited for each of the sub area concepts at the end of each description under "special emphasis." The sub -area concepts described in this Section are meant to serve as advisory guidelines for future land use decisions by the Planning and Environmental Commission and the Town Council. Compliance with the sub -area concepts does not assure development approval by the Town. It is important to note that the likelihood of project approval will be greatest for those proposals that can fully comply with the Vail Village Master Plan. The Urban Design Guide Plan includes additional design detail that is to be used in conjunction with the Vail Village Master Plan sub -area concepts. MIXED USE SUB -AREA (#1 } The Mixed -Use sub -area is a prominent activity center for Vail Village. It is distinguished from the Village core by the larger scale buildings and by the limited auto traffic along East Meadow Drive. Comprised of five major development Town of Vail Page 11 June 21, 2016 - Page 503 of 52! projects, this sub -area is characterized by a mixture of residentialllodging and commercial activity. The Vail Comprehensive Plan elements that speak to this site include the Vail Land Use Plan and the Vail Village Master Plan. Staff believes the proposed changes do not have an overall negative impact on the intent of stepping buildings up from the pedestrian oriented East Meadow Drive to the South Frontage Road East. The proposed building additions are consistent with the infill recommendations of the Vail Village Urban Design Guidelines. The additions are located such that their impacts on adjacent properties and on the pedestrian experience are minimal to nonexistent. The changes to the roof form allow the greater utilization of the upper residential units without the roof reading as cluttered or haphazard. Staff finds the proposal complies with this criterion. 5. Natural and/or Geologic Hazard: Identification and mitigation of natural and/or geologic hazards that affect the property on which the special development district is proposed. Special Development District No. 6, Vail Village Inn, is not located within any identified geologic hazard. Staff finds the proposal complies with this criterion. 6. Design Features: Site plan, building design and location and open space provisions designed to produce a functional development responsive and sensitive to natural features, vegetation and overall aesthetic quality of the community. The proposal does not include any changes to the site plan, building footprint design or location, or open space provisions. The proposal does include modifications to the roof plan that will allow the greater utilization of the top floor residential units. The new roof elements are designed to be compatible both with the existing structure and the overall design of the district. Staff finds the proposal complies with this criterion. 7. Traffic: A circulation system designed for both vehicles and pedestrians addressing on and off site traffic circulation. The proposal does not include any changes to the pedestrian or vehicular circulation on or off site. Town of Vail Page 12 June 21, 2016 - Page 504 of 52! Staff finds the proposal complies with this criterion. 8. Landscaping: Functional and aesthetic landscaping and open space in order to optimize and preserve natural features, recreation, views and function. The proposal does not include any changes to the landscaping or open space on the site as identified on the approved development plan. Staff finds the proposal complies with this criterion. 9. Workable Plan: Phasing plan or subdivision plan that will maintain a workable, functional and efficient relationship throughout the development of the special development district. The proposal is intended to be constructed in one phase. Staging for any construction related activity will be reviewed by the Town of Vail staff to ensure impacts are minimized to public rights-of-way and adjacent properties. It is anticipated that the use of the South Frontage Road East right-of-way will be necessary. This right-of-way is controlled by the Colorado Department of Transportation (CDCT) and will require all appropriate review and permits from CDQT should the project move forward. Staff finds the proposal complies with this criterion. 10. Public Benefit: The proposed deviations provide benefits to the town must outweigh the adverse effects of such deviations. As a component of this project, the applicant is proposing to use DaVinci shake shingles on all new roof elements and to replace the existing roofs of levels four and five, currently clad in wood shake, with the polymer based composite roof. This change in roofing material over a significant portion of the building will reduce fire risks for the residents in this building and in the general vicinity. Also included as component of this project is the replacement of the existing outdated street light fixtures along the Frontage Road with TCV approved street lights. As the current plans do not illustrate this element, staff has included an appropriate condition of approval. It should be noted that Village Inn Plaza Phase III completed a rehabilitation of many of its exterior, pedestrian level elements in 2009. Phase I and II are anticipated to act on a recent DRB approval to complete these improvements in the district that include new pavers, site walls, ADA access and landscaping. Although not tied to this proposal, these improvements demonstrate Vail Village Inn's commitment to maintaining and improving public spaces. Town of Vail Page 13 June 21, 2016 - Page 505 of 52! Staff believes that the benefits to the Town including the replacement of outdated street lighting and a reduction in the fire risk to the area outweighs any adverse impacts associated with the proposal. VIII. STAFF RECOMMENDATION The Community Development Department recommends the Planning and Environmental Commission forwards a recommendation of approval, with conditions, to the Town Council on a major amendment to a Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn Phase 3)/Lot Q, Block 5D, Vail Village Filing 1, and setting forth details in regard thereto. Staff's recommendation is based upon the review of the criteria described in Section VII of this memorandum and the evidence and testimony presented. Should the Planning and Environmental Commission choose to forward a recommendation of approval, with conditions, for this request, the Community Development Department recommends the Commission pass the following motion: "The Planning and Environmental Commission forwards a recommendation of approval to the Town Council for a major amendment to Special Development District No. 6, Vail Village inn, pursuant to Section 12-9A-10, Amendment Procedures Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn Phase 3) /Lot Q, Block 5D, Vail Village Filing 1, and setting forth details in regard thereto." Should the Planning and Environmental Commission choose to forward a recommendation of approval, with conditions, for this request, the Community Development Department recommends the Commission makes the following findings: "Based upon the review of the criteria outlined in Section V11 this Staff memorandum to the Planning and Environmental Commission dated April 14, 2014, and the evidence and testimony presented, the Planning and Environmental Commission finds: 1. That the special development district amendment complies with the standards listed Article 12-9A, Special Development District, or that a practical solution consistent with the public interest has been achieved. Town of Vail Page 14 June 21, 2016 - Page 506 of 52! 2. That the special development district amendment is consistent with the adopted goals, objectives and policies outlined in the Vail comprehensive plan and compatible with the development objectives of the town; and 3. That the special development district amendment is compatible with and suitable to adjacent uses and appropriate for the surrounding areas; and 4. That the special development district amendment promotes the health, safety, morals, and general welfare of the town and promotes the coordinated and harmonious development of the town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality." Should the Planning and Environmental Commission choose to forward a recommendation of approval, with conditions, for this request, the Community Development Department recommends the Commission applies the following conditions: 1. This SDD major amendment approval is contingent upon the applicant obtaining Town of Vail approval of the associated design review application, including compliance with Sec. 14-10-5 BUILDING MA TERIALS AND DESIGN, Vail Town Code 2. The applicant shall mitigate the employee generation impact created by the addition of 792 square feet of GRFA in accordance with the provisions of Chapter 12-24, Inclusionary Zoning, Vail Town Code. 3. The applicant shall receive and submit in conjunction with the building permit, all applicable Colorado Department of Transportation approvals for all impacts to the South Frontage Road East, including construction staging, if necessary. 4. The applicant shall amend the recorded condominium map to reflect the increase in floor area and space designation, prior to requesting a planning certificate of occupancy inspection. 5. The applicant shall replace the three (3) existing street lights located along the Frontage Road with TO V street lights per Public Work's specification. The number of new fixtures shall be determined by the Director of Public Works and will not exceed three. The new street lights shall be installed prior to requesting a planning certificate of occupancy inspection. Town of Vail Page 15 June 21, 2016 - Page 507 of 52! IX. ATTACHMENTS A. Written Request dated April 4, 2014 B. Proposed Pians dated April 4, 2014 Town of Vail Page 16 June 21, 2016 - Page 508 of 52! Village Inn Plaza Vail Village Inn, SDD #6, Phase III Major Amendment to Special District No. 6 Expansion of Units 501 & 502 with Exterior Modifications December 30, 2013 Amended March 12, 2014 Amended April 4, 2014 1.050 ZWC,V �4 -4 F"ZW sTlM �9a 9ff "'W-4 IvM DF"M 12OW PX2Z&� AXX /tel PKZZW EGGERS ARCHITECTURE, INC. PO BOX 798 RREMI MING, CO 80459 (970) 724-3411 FAX; (970) 7243412 doii. eggen@eggmwchitecture.com June 21, 2016 - Page 509 of 52! i. introduction The owners of units 501 and 502, Lublan S.A., represented by Loguer Design and Eggers Architecture, Inc., are requesting a major amendment to Special Development District No.6 (SDD#6) to allow for the remodel and expansion of their units. Unit 501 (parcel #: 2101- 082-54-027) is proposing to increase the GRFA by 277 square feet and includes exterior changes to the building including the addition of secondary roof forms. Unit 502 (parcel #- 2101-082-54-028) is proposing to increase the GRFA by 515 square feet and includes the addition of secondary roof forms. The modification of Unit 502 also includes the relocation of an existing mechanical mezzanine to a newly constructed area with a net square footage loss of 49 square feet. According to Section 12-9A-2: Definitions, Vail Town Code, an increase of GRFA is considered a Major SDD Amendment. Unit 501 is proposing to undergo a complete interior remodel. The current plan includes 4 bedrooms, 4 baths and major living spaces on the main level of 2145 square feet. This plan has a loft area overlooking the main living space that includes 322 square feet. The remodel proposes to redesign the main level into three bedrooms and baths with an entry area expanded in to the common hallway between units 501 and 502. The new square footage of the main level will be 2248 square feet, an increase of 103 square feet. Additionally, the loft area will be remodel to include a bedroom suite and loft area overlooking the common area. This new space will include 496 square feet of space, an increase of 174 square feet. Total new GRFA will be 2744 square feet or an increase of 277 square feet on both levels. In order to meet egress requirements for the bedroom on the loft level, a new roof element is being added. The roof will present as a dormer on the north elevation and as a gable end element on the south elevation. The ridge line of the proposed gable matches the existing ridgeline of the building and does not represent a change is the building height. The size and configuration of the gable element is consistent with the existing gable elements on the south elevation. Unit 502 is proposing to remodel the existing kitchen/living area and update the bathrooms in the unit. Additionally, a loft is proposed in the attic area immediately above the unit. There currently exists a suspended mechanical mezzanine between the ceiling of the Unit 502 and the structural roof members. This loft area is 150 square feet is size. By relocating and constructing a new mechanical area in the attic space immediately adjacent and above the common area, the attic space can be utilized as living space by Unit 502. This area is proposed as an exercise room with an attached bath and steam room. A shed dormer is proposed for this area to allow for natural lighting. The roof element is above the main ridgeline of the building but lower than the two elevator tower units on each side of the dormer. This proposed loft represents an increase in the GRFA of 515 square feet to the unit. June 21, 2016 - Page 510 of 52! Floor plans of the proposed changes are provided below: EXI IWI rlr-� F-OOR :EYE_ M �3i FIFTH =_COR LEy __� ._.._.... i!i� army, June 21, 2016 - Page 511 of 52! II. Background Village Inn Plaza is located at 100 East Meadow Drive. The property is part of Phase III of Special Development District No. 6, Vail Village Inn. This SDD has an underlying zoning of SDD #6 was adopted by Ordinance No. 7 of 1976 and has undergone multiple amendments since is adoption. Most of the amendments have been associated with the other phases of the SDD. The structure has seen minor changes since its original construction, mainly exterior window updates and interior remodels, but remains largely unchanged from its original construction. The proposed modifications will be add some exterior detail and update the appearance of the building to match the architectural detailing of the more recently constructed adjacent properties. See photo of the frontage road view taken from the north side of the highway: June 21, 2016 - Page 512 of 52! Vail Village Inn deviates from the maximum height limitation set forth in the Public Accommodation zone district of 48 feet for sloped roofs. Building heights were defined by number of stories in the original adoption of SDD#6 and further illustrated in a drawing created by consultants Royston, Hanamoto, Beck and Abey dated February 12, 1976. The building was constructed according to these height restrictions and has not been modified since. The new major gable element matches the existing ridgeline and the new dormer is lower in height than the existing elevator shaft roof elements, therefore not affecting the overall building height. See drawing below- Y 'z • x d6 _ — tip.,....... C i� 17-1 --_ - t, .. ... A2.1 er.er..,w There are no additional parking requirements as the number of units is not changing. M. Zoning Analysis The proposed modification only affects the GRFA and Employee Housing standards of the zoning analysis. All other standards are unchanged and remain as approved by Special Development District #6. Standard Existing Pro osed- GRFA Unit 501 2467sf 2744 sf (277 additional) Unit 502 x= lam: _ �_ _ i ; •. ; —: . 1.4 spaces per unit No change Employee Housing Approved prior to J79 sf (pay -in -lieu) Inclusions Re uirement * r ryw-r" _ _ - _ � � ►7T IT rI yT`T1 Y 'z • x d6 _ — tip.,....... C i� 17-1 --_ - t, .. ... A2.1 er.er..,w There are no additional parking requirements as the number of units is not changing. M. Zoning Analysis The proposed modification only affects the GRFA and Employee Housing standards of the zoning analysis. All other standards are unchanged and remain as approved by Special Development District #6. Standard Existing Pro osed- GRFA Unit 501 2467sf 2744 sf (277 additional) Unit 502 1399 sf 1914 sf 515 additional Parking 1.4 spaces per unit No change Employee Housing Approved prior to J79 sf (pay -in -lieu) Inclusions Re uirement June 21, 2016 - Page 513 of 52! IV. Criteria for Review for the Major Amendment to a Special Development District Section 12-9A-8: Design Criteria and Necessary Findings in the Vail Town Code provides the criteria for review of a Major Amendment to a Special Development District. Below is a listing of the criteria and how the proposal complies with each: 9. Compatibility.- £design compatibility and sensitivity to the immediate environment, neighborhood and adjacent properties relative to architectural design, scale, bulk, building height, buffer zones, identify, character, visual integrity and orientation. Proposed: The architectural design, scale, bulk, building height, buffer zones, identity, character, visual integrity and orientation remains largely unchanged as a result of the proposed amendment. The roof changes align with the existing ridge, there fore the height remains the same as constructed. The massing and detailing of the gable elements is consistent with the adjacent gable ends on the building and the added elements add a level of architectural character evident on the newer adjacent properties. Since originally constructed, the character and level of architectural detailing of the village has increased dramatically. Adjacent buildings have been approved with greater heights and the proposed modifications are compatible with the immediate environment. 2. Relationship: Uses, activity and density which provide a compatible, efficient and workable relationship with surrounding uses and activity. Proposed- There is no change to the use, activity or number of dwelling units within the proposed amendment. The increase is GRFA is consistent with the intent of Chapter 15 of the Vail Town Code and without the size of the roof elements would qualify as a minor amendment to the SDD. June 21, 2016 - Page 514 of 52! 3. Parking and Loading: Compliance with parking and loading requirements as outlined in chapter 9+7 of this title. Proposed: The addition of GRFA does not affect the parking requirements for the units and is unchanged. 4. Comprehensive Plan: Conformity with applicable elements of the Vail comprehensive plan, town policies and urban design plans. Proposed: Village Inn Plaza is within the boundaries of the Vail Village Master Plan and further located within Mixed Use Sub -Area #I. The following objectives of the master plan are applicable to this application: Objective 1.2: Encourage the upgrading and redevelopment of residential and commercial facilities Objective 2.5: Encourage the continued upgrading, renovation and maintenance of existing lodging and commercial facilities to better serve the needs of our guests. 5. Natural And/Or Geologic Hazard: Identification and mitigation of natural andlor geologic hazards that affect the property on which the special development district is proposed. Proposed: The above criterion is not affected by the proposed improvements. 6. Design Features: Site plan, building design and location and open space provisions designed to produce a functional development responsive and sensitive to natural features, vegetation and overall aesthetic quality of the community. Proposed: The above criterion is not affected by the proposed improvements as there are no changes proposed for the site plan. 7. Traffic: A circulation system designed for both vehicles and pedestrians addressing on and off site traffic circulation. Proposed: The above criterion is not affected by the proposed improvements. 8. Landscaping: Functional and aesthetic landscaping and open space in order to optimize and preserve natural features, recreation, views and function. Proposed: The above criterion is not affected by the proposed improvements. 9. Workable Plan: Phasing plan or subdivision plan that will maintain a workable, functional and efficient relationship throughout the development of the special development district. Proposed: The above criterion is not affected by the proposed improvements. June 21, 2016 - Page 515 of 52! V. Photo images: Below are images taken from Meadow Drive and the Frontage Road. The proposed improvements are not visible from other locations within the Village. From Meadow Dr. gc Plaza June 21, 2016 - Page 516 of 52! From walk below Sebastian sidewalk along Frontage Road June 21, 2016 - Page 517 of VI. Adjacent Property Owners Vail Gateway Plaza Condo Association c/o Vail Tax & Accounting PO Box 5940 Avon, CO 81620 Vail Plaza Hotel (Sebastian) c/o Timbers Resorts 16 Vail Road Vail, CO 81657 Village Inn Plaza Phase I,II,V c/o Jonathon Staufer, Manager 100 E. Meadow Drive, #31 Vail, CO 81657 Solaris c/o Peter Noble, John Boord 2211 N. Frontage Road, Suite A Vail, CO 81657 One Willow Bridge Road Condo Association c/o Corporation Service Company 1560 Broadway, Suite 2090 Denver, CO 80202 One Willow Bridge Road Condo Association 4148 N Arcadia Drive Phoenix, AZ 85018 Talisman Condo Association c/o Ptarmigan Manangement 62 E. Meadow Drive Vail, CO 81657 Sonnenalp c/o Johannes Faessler 20 Vail Road Vail, CO 81657 June 21, 2016 - Page 518 of 52! TOWN OF ML } PLANNING AND ENVIRONMENTAL COMMISSION April 14, 2014 at 1:00pm TOWN COUNCIL CHAMBERS / PUBLIC WELCOME 75 S. Frontage Road - Vail, Colorado, 81657 Swearing-in New Members — Patty McKenny, Town Clerk MEMBERS PRESENT MEMBERS ABSENT Henry Pratt Luke Cartin Michael Kurz John Rediker Pam Hopkins Webb Martin Dick Cleveland Chair: Henry Pratt Motion: Kurz Second: Cleveland Vote: 7-0-0 Vice -chair: Michael Kurz Motion: Rediker Second: Cleveland Vote: 7-0-0 30 minutes A request for a recommendation to the Vail Town Council on a major amendment to a Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn Phase 3) /Lot 0, Block 5D, Vail Village Filing 1, and setting forth details in regard thereto. (PEC130046) Applicant: Deltec Bank and Trust, represented by Eggers Architect Planner: Jonathan Spence ACTION: Recommendation of approval, with conditions MOTION: Kurz SECOND: Rediker VOTE: 7-0-0 CONDITION(S): 1. This SDD major amendment approval is contingent upon the applicant obtaining Town of Vail approval of the associated design review application, including compliance with Sec. 14-10-5 BUILDING MATERIALS AND DESIGN, Vail Town Code 2. The applicant shall mitigate the employee generation impact created by the addition of 792 square feet of GRFA in accordance with the provisions of Chapter 12-24, Inclusionary Zoning, Vail Town Code. 3. The applicant shall receive and submit in conjunction with the building permit, all applicable Colorado Department of Transportation approvals for all impacts to the South Frontage Road East, including construction staging, if necessary. 4. The applicant shall amend the recorded condominium map to reflect the increase in floor area and space designation, prior to requesting a planning certificate of occupancy inspection. 5. The applicant shall replace the three (3) existing street lights located along the Frontage Page 1 June 21, 2016 - Page 519 of 52! Road with TOV street lights per Public Work's specification. The number of new fixtures shall be determined by the Director of Public Works and will not exceed three. The new street lights shall be installed prior to requesting a planning certificate of occupancy inspection. Jonathan Spence gave a presentation per the staff memorandum. Don Eggers, representing the applicant, made himself available for any questions. Commissioner Rediker inquired as to other improvements that may be coming in the future and why those components were not coming forward in conjunction with this application. Don Eggers explained that it was largely owner driven as the owners are in different countries. The owner of the top two condominiums would like to get started this year, which is why this application is moving forward. Warren Campbell, Chief of Planning, explained that there was also a difference in process for the various forth coming applications in that the deck expansions and the building re -skin will not require Commission review as currently understood. Commissioner Rediker inquired about the condition regarding the replace of the pedestrian street lights with lights which match the Town of Vail uniform street lights. Commissioner Cleveland asked how the public benefit of replacing the pedestrian street lights would be attributed to Phase III of the Vail Village Inn. There was no public comment. The Commissioners general expressed their support for the application and the improvements made to the {dans since the last hearing. 2. A request for the review of a conditional use permit, pursuant to 12-9C-3, Conditional Uses, Vail Town Code, for a public and quasi -public indoor community facilities (education center), to allow for the construction of the Betty Ford Alpine Gardens Education Center, located 530 South Frontage Road/Unplatted, and setting forth details in regard thereto. (PEC140005) Applicant: Betty Ford Alpine Gardens, represented by Jack Hunn Planner: Jonathan Spence ACTION: Table to May 12, 2014 MOTION: Kurz SECOND: Cleveland VOTE: 7-0-0 3. A request for a variance from Section 14-3-1, Table 1, Minimum Standards, Vail Town Code, pursuant to Section 14-1-5, Variances, Vail Town Code, to allow for a residential driveway to exceed the permitted maximum centerline grade, located at 2754 Snowberry Drive 1 Lot 15, Block, 9, Vail Intermountain and setting forth details in regard thereto. (PEC140007) Applicant: Mike Dantas, represented by Mauriello Planning Group Planner: Joe Batcheller ACTION: Table to April 28, 2014 MOTION: Kurz SECOND: Cleveland VOTE: 7-0-0 4. A request for the review of variances from Section 12-7D-9 Landscaping and Site Development Section 12- 7D-10 Parking and Loading, Section 14-5-1, Minimum Standards and Section 14-5-2 Other Requirements, Vail Town Code, pursuant to Chapter 12-17, Variances, Vail Town Code, for relief from the minimum landscape requirement, the parking space dimensional requirement, the snow storage requirement and to Page 2 June 21, 2016 - Page 520 of 52! PLANNING AND ENVIRONMENTAL COMMISSION TOWN OF UAJi # May 9, 2016, 1:00 PM Vail Town Council Chambers 75S. Frontage Road -Vail, Colorado, 81657 Call to Order Members Present: Brian Gillette, Ludwig Kurz, John Ryan Lockman, John Rediker, and Brian Stockmar Absent: Kirk Hansen and Henry Pratt 2. A request for a recommendation to the Vail Town Council on a revision to a major amendment to Special Development District No. 6, Vail Village Inn, pursuant to Section 12-9A-10, Amendment Procedures, Vail Town Code, to allow for an increase in gross residential floor area to facilitate additions to existing dwelling units, located at 100 East Meadow Units 501 and 502 (Vail Village Inn Phase 3)/Lot O, Block 5D, Vail Village Filing 1, and setting forth details in regard thereto. (PEC16-0014) - 45 min. Action: Approve with Conditions Motion: Gillette Second: Lockman Vote: 3-1-1 (Rediker opposed, Kurz abstained) Conditions: 1. The applicant shall mitigate the employee generation impact created by the addition of 836 square feet of GRFA in accordance with the provisions of Chapter 12-24, Inclusionary Zoning, Vail Town Code. The applicant shall make the required fee in lieu payment to the Town of Vail prior to the issuance of any building permit. 2. The applicant shall receive and submit in conjunction with the building permit, all applicable Colorado Department of Transportation approvals for all impacts to the South Frontage Road East, including construction staging, if necessary. 3. The applicant shall amend the recorded condominium map to reflect the increase in floor area and space designation, prior to requesting any final planning or building inspection. 4. The applicant shall replace the three (3) existing street lights located along the Frontage Road with Town of Vail street lights per Public Work's specification. The location of the streetlights is depicted in the Streetlight Exhibit, included as Attachment C to the May 6, 2014 PEC130046 Town Council Memo. The number of new fixtures shall be determined by the Director of Public Works and will not exceed three. The new street lights shall be installed prior to requesting any final planning or building inspection. June 21, 2016 - Page 521 of 52! Jonathan Spence, Town Planner, presented on behalf of the Community Development Department. The proposal is to revise a previous approval granted in 2014. The previously approved exterior improvements included a new dormer on the south elevation for Unit 501, a modification to the roof for Unit 502, and another new dormer on the north elevation, also for Unit 501. Part of the 2014 approval included an agreement to replace the wood shake roof on levels four and five. The proposed changes result in a project approximately one-third of what were originally approved. In addition to the revisions to the roof, the applicant is also seeking a change to the roof replacement agreement. The current roof dates to 2007 and has approximately fifteen (15) years of life remaining. Lockman — When did the Town change the code from requiring to prohibiting wood shake roofs? Spence — The code changed in 2008, just after the applicant had installed the cedar shake roof. Rediker — Asked for clarification of the status of the formerly proposed dormers. Spence — The only roof penetrations are for skylights. The previously approved dormers on the north and south elevations are no longer proposed. Don Eggers (representing the applicant) — Unit 501 has a loft that is built within the existing volume of the roof. There is additional square footage being added underneath the existing gables. This proposal will replace some of the wood shakes with DaVinci-brand roofing, but not to the previous extent required. Gillette — Have you considered a different type of roof such as a standing seam metal roof? Eggers— The plan is to replace the majority of the roof in approximately fifteen years. There are only a few places where someone can see the area of the roof being changes. Lockman — Why are the proposed changes considered a major amendment? Spence — Due to its previous approval, felt it best to bring it back to the PEC. Rediker — What are the current cedar shake roof regulations? Spence — Since 2008 cedar shake roofs have been prohibited for new construction. Rediker — Does the code require a disturbance to the roof and an increase in GRFA to trigger the roof replacement? Spence — Yes, both are required. The question at hand is whether the change in scope of the plans necessitates the full replacement of the roof? Rediker — Asked for clarification as to whether or not the PEC was being asked to approve something that does not comply with code. Spence — The SDD allows for such a revision and would not be considered a variation. Public Comment — None June 21, 2016 - Page 522 of 52! Stockmar — Concurs with staff. Gillette — Concurs with staff. Lockman — Concurs with staff and other Commissioners, it would be wasteful to require a new roof when there is life left on the existing roof. Rediker — Does not see an issue with the GRFA. It is important not to overburden applicants, but at the same time it is important to maintain the letter of the law. A request for final review of a Development Plan, pursuant to Section 12-61-11, Vail Town Code, to allow for the future development of Employee Housing Units on the Chamonix parcel located at 2310 Chamonix Road, Parcel B, Resubdivision of Tract D, Vail Das Schone Filing 1, and setting forth details in regard thereto. (PEC150019) - 5 min. Action: Table to June 13, 2016 Motion: Lockman Second: Stockmar Vote: 5-0-0 4. A request for review of a conditional use permit, pursuant to Section 12-7E-4, Conditional Uses, Vail Town Code, to allow for a religious institution, located at 12 Vail Road/Lots N & O, Block 5D , Vail Village Filing 1, and setting forth details in regard thereto. (PEC16-0015) Withdrawn 5. Approval of Minutes April 25, 2016 PEC Meeting Results Action: Approval Motion: Stockmar Second: Lockman Vote: 3-0-2 (Gillette and Rediker abstained) 6. Informational Update Prior to the Eagle County PIan4Health presentation, and at the request of Commissioner Lockman, George Ruther gave a brief update on the Chamonix housing proposal. Rediker — Asked for information about a music festival he has heard is proposed for next year. Ruther — Internal meetings have occurred to review this type of event and what the positive and negative impacts would be. No determination has been made as to whether or not the event will occur. Rediker — Is there a way to access master plans online? Spence demonstrated where the master plans are available on the Town's website. Informational presentation by Eagle County on PIan4Health grant program and process. Presenters: Katie Haas and Kris Valdez of Eagle County Government - 15 min. June 21, 2016 - Page 523 of 52! Haas — Plan4Health is a program supported by the Healthy Communities Coalition and American Planning Association that is funded by the CDC with the purpose of uniting planning and public health policies. Eagle County was one of only seventeen areas selected nationwide for the $117,000 grant. The project includes six (6) Eagle River Valley communities and Eagle County itself. One of the processes of the program will be a "policy scan" to review the master plans for each of the communities. The main focus of the program is on the built environment and the impact on healthy eating and active living. Implementing successful programs across communities is another goal. The final product will be a report for each community that includes an analysis of existing policies and recommendations for the future. The projected completion date for the project is by the end of the calendar year. Gillette — What does healthy food access look like? Haas — Examples include zoning ordinances that allow for community gardens and farmers' markets. Rediker — Is there healthy eating educational component as part of this project? Haas — There are other initiatives regarding public education, but this project focuses on policies impacting the built environment. Rediker — Who is the subcontractor working on this project? Haas — Will Kerns of Open Plan Consultants. Rediker — What are some of the things that may have already been identified that the Town can work on? Haas — The process has not been completed yet for each specific community, but one area discussed regarding all communities is community outreach and including diversity in public participation. More specific recommendations will be available in early fall. Lockman — Will there be a presentation made as to where community policies are consistent and or inconsistent with each other? Haas — The review will include a presentation of possible synergies among communities. Stockmar —Will Vail's medical and physical therapy resources be involved? Haas — It is an asset that can be recognized, but is not sure yet where it fits into the master plan level review. 7. Adjournment Action: Approval Motion: Kurz Second: Lockman 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 June 21, 2016 - Page 524 of 52! 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 48-hour notification. 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F `` L F ,F 41 J. F + __ti PIN ' - # r' ` W ■ I 1p R opIL ti #� 9l.. . r pits sm. z ' * J VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Citizen Participation TOWN OF VAIP June 21, 2016 - Page 528 of VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: TOWN OF VAR' Adjournment 6:05 p.m. *The Vail Town Council has been invited to attend Vail Valley Foundation Hot Summer Nights at the Gerald Ford Amphitheater at 6:30 p.m. to see Pilaseca, San Miguel de Allende based band, as part of the sisterhood exchange program. June 21, 2016 - Page 529 of 52!