Loading...
HomeMy WebLinkAbout2016-07-19 Agenda and Supporting Documentation Town Council Afternoon Regular Meeting AgendaVAIL TOWN COUNCIL REGULAR MEETING Agenda TOWN Of VAIL' Town Council Chambers 75 South Frontage Road W., Vail, CO 81657 10:00 AM, July 19, 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. Presentation / Discussion 1.1. Chamonix Neighborhood Development The purpose of this discussion is to receive direction from the Vail Town Council on a number of key decisions regarding the future development of the Chamonix Neighborhood in West Vail. Presenter(s): George Ruther, Director of Community Development Action Requested of Council: The Town staff asks that the Vail Town Council provides direction and answers to the four questions outlined in Section I of the Staff memorandum. Background: Phase I of the Chamonix Neighborhood is complete. The next step in the development process is to focus on Phase 11, vertical construction on the site. To do so effectively and efficiently, decisions on the future vertical construction are needed. To remain on schedule for an April 1, 2017 construction start work needs to begin on final construction drawings by no later than October 1, 2016. It is highly likely that if construction were to begin by April 2017 the first of the Chamonix Neighborhood residents would be moving into their new homes by January 1, 2018. Staff Recommendation: Town Staff recommends the following Authorize the Town staff to initiate exclusive negotiations with Triumph Development to serve as the Town's partner in the development of the Chamonix Neighborhood. Authorize the Town staff to prepare a development pro forma for the Town Council's approval that has the Town of Vail financing the development cost of the Chamonix Neighborhood Authorize the Town staff to begin drafting and negotiating a development agreement with Triumph Development based upon the general terms outlines within the staff memorandum. 2. Executive Session 90 min. 2.1. Executive Session, pursuant to: 1) C.R.S. §24-6-402(4)(a)(b)(e) - to 30 min. discuss the purchase, acquisition, lease, transfer, or sale of property July 19, 2016 - Page 1 of 116 interests; to receive legal advice on specific legal questions; and to determine positions, develop a strategy and instruct negotiators, Regarding: Chamonix Housing Development Presenter(s): Matt Mire, Town Attorney 3. Break 3.1. Town Council will break from 12:00 p.m. to 2:00 p.m. 120 min. Town Council will reconvene at 2:00 p.m. - 2:15 p.m. as the Vail Reinvestment Authority. See separate Vail Reinvestment Authority Agenda. 4. DRB / PEC Update 4.1. DRB / PEC Update 5 min. Presenter(s): Chris Neubecker, Planning Manager 5. Presentations / Discussion 5.1. Update on Sustainable Destination Project 15 min. Presenter(s): Kristen Bertuglia, Environmental Sustainability Manager Action Requested of Council: There is no action requested at this time. Background: The Town of Vail's venture to become the first certified Sustainable Destination in North America by December of 2017 has begun. In order to achieve certification, approved by the Global Sustainable Tourism Council, sanctioned by the United Nations, the town must meet over 40 different criteria in the areas of 1) Tourism Management, 2) Planning, 3) Community and Culture, and, 4) Environment. In addition to meeting the set criteria, the Sustainable Destination Steering Committee will develop additional criteria specific to mountain resorts, so that Vail's program may be a model for other resort communities worldwide. Staff Recommendation: There is no staff recommendation at this time. 5.2. Update on San Miguel de Allende and Vail Sisterhood Exchanges 15 min. Presenter(s): Greg Moffet, Town Council Member, Brian Nolan, Group 970 Restaurants, Matt Morgan, Sweet Basil Action Requested of Council: Council direction on next steps to implement with regard to Sisterhood Agreement. Background: Recent Vail and San Miguel de Allende exchanges were completed with programming for arts, culinary and music venues. An update by members of Vail's delegation will be presented. 5.3. Update on Wildfire Mitigation Program 30 min. Presenter(s): Paul Cada, Wildfire Mitigation Coordinator, Mark Novak Fire Chief Action Requested of Council: For discussion and direction from Council. Background: Update on the Fire Adapted Vail initiative, review of the draft Vail Defensible Space Guide and discussion regarding future actions including clean up of Town Code regarding wildfire mitigation. July 19, 2016 - Page 2 of 116 6. Information Update 6.1. VEAC July 12, 2016 Meeting Minutes 5 min. 6.2. CSE July 6, 2016 DRAFT Meeting Minutes 6.3. May 2016 Vail Business Review 6.4. Vail Economic Indicators Summary 7. Matters from Mayor, Council and Committee Reports 7.1. Sales Tax Exemption / Rebate Topic 15 min. Action Requested of Council: Council direction about scheduling this topic for further review and discussion at a later date. Background: There was a recent email from Vail resident about a request that Vail Town Council consider a discussion about sales tax on groceries. 7.2. Homestead Exemption for Residents Action Requested of Council: Council direction about scheduling this topic for further review and discussion at a later date. 8. Recess 8.1. Recess at 3:40 p.m. 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. July 19, 2016 - Page 3 of 116 TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Chamonix Neighborhood Development The purpose of this discussion is to receive direction from the Vail Town Council on a number of key decisions regarding the future development of the Chamonix Neighborhood in West Vail. PRESENTER(S): George Ruther, Director of Community Development ACTION REQUESTED OF COUNCIL: The Town staff asks that the Vail Town Council provides direction and answers to the four questions outlined in Section I of the Staff memorandum. BACKGROUND: Phase I of the Chamonix Neighborhood is complete. The next step in the development process is to focus on Phase II, vertical construction on the site. To do so effectively and efficiently, decisions on the future vertical construction are needed. To remain on schedule for an April 1, 2017 construction start work needs to begin on final construction drawings by no later than October 1, 2016. It is highly likely that if construction were to begin by April 2017 the first of the Chamonix Neighborhood residents would be moving into their new homes by January 1, 2018. STAFF RECOMMENDATION: Town Staff recommends the following: Authorize the Town staff to initiate exclusive negotiations with Triumph Development to serve as the Town's partner in the development of the Chamonix Neighborhood. Authorize the Town staff to prepare a development pro forma for the Town Council's approval that has the Town of Vail financing the development cost of the Chamonix Neighborhood Authorize the Town staff to begin drafting and negotiating a development agreement with Triumph Development based upon the general terms outlines within the staff memorandum. ATTACHMENTS: Description Staff Memorandum Chamonix Guideline and Goals Chamonix Project Goals PowerPoint July 19, 2016 - Page 4 of 116 Triumph Chamonix Project Summary July 19, 2016 - Page 5 of 116 Memorandum To: Vail Town Council From: George Ruther, Director of Community Development Date: July 19, 2016 Subject: Chamonix Neighborhood — Key Decisions Meeting Purpose of this Public Hearing The purpose of this public hearing is to receive direction from the Vail Town Council on a number of key decisions regarding the future development of the Chamonix Neighborhood in West Vail. In the end, there is no one right answer. For each of the issues there are options and alternatives to be considered. The final answers to the questions will most likely be based upon the differences in trade offs between the options. The key decisions include: 1. Development Approach — Is the Vail Town Council prepared to enter into a public/private partnership with the Development Team comprised of Triumph Development, R.A. Nelson, L.L.C., and 359 Design, L.L.C? 2. Financing Options — Shall the Town staff prepare a development pro forma containing options for Town Council approval that has the Town of Vail financing the development? 3. Development Agreement — Shall the Town staff begin preparing a draft development agreement that contains the general terms outlined in the staff memorandum? 4. Unit Type & Size Determination — What is the unit type (condominiums, townhomes, duplexes, etc.) and what is the unit size mix (one, two, three bedroom etc.) desired on the Chamonix Neighborhood site? Vail Town Council direction on these key issues is necessary to effectively and efficiently realize the Town's goal of developing Vail's newest residential neighborhood for families on the Chamonix Neighborhood site in West Vail. The Chamonix Neighborhood development helps the Vail Town Council achieves it adopted goal of "growing a thriving and balanced community'. II. Background Planning for the Chamonix Neighborhood development has been underway for more than a year. During that time a substantial amount of work has been completed on the project. The following actions have been completed or currently underway: • Three market studies have been completed each verifying market support for the development. • Phase I site access and infrastructure improvements have been completed on the site. • Initial development parameters and conceptual site planning has been approved by the Planning & Environmental Commission. • Development approaches and financing options have been presented to the Vail Town Council. July 19, 2016 - Page 6 of 116 • A draft development agreement term sheet recommendation has been presented to the Vail Town Council. • A request for proposals process has been completed. • Numerous site plan alternatives have been developed and analyzed. III. Project Goals and Objectives A list of project goals and objectives has been adopted for the future development on the Chamonix site. The project team has continually relied upon these goals and objectives for direction throughout the planning process. On April 15, 2014, the Vail Town Council affirmed and adopted the following project goals and objectives: • Optimize the use of the site for affordable for -sale housing (15 - 25 du's per acre) • Design a context sensitive design solution (design review guidelines) • Ability to be phased over time (min. two phases) • Deliver desirable, marketable and diverse types of housing products (duplexes; one, two & three bedroom flats; townhomes, etc.) • Maximize the town's limited supply of financial resources • Build responsibly given the existing site configuration, topography and natural features of the site • Develop a diversified cost/sales structure to respond to a wider range of buyers (i.e. pricing structure based upon income) IV. Development Approach On December 15, 2015, the Vail Town Council was presented with four options for approaching development at the Chamonix Neighborhood. In the end, the Town Council instructed staff to pursue an approach to development that included a form of public/private partnership. A public/private partnership was seen as being the most effective approach as it allows an experienced development team (developer, contractor, and architect) to the lead the project while maintaining transparency within the process and ensuring issues of affordability, product type, unit mix and phasing to be addressed. In short, it provides the proper amount of control over the development with the right amount of risk. At this time, the Town staff recommends the Vail Town Council instructs the Town staff to continue to negotiate a development agreement with Triumph Development. The general scope of services requested of Triumph Development shall include: • achieve the development goals and objectives, • architectural design and development of the vertical construction, • vertical construction entitlement approvals, • vertical construction document preparation, • oversight, coordination, administration and management of the vertical construction • completion of the vertical construction and delivery of the new homes to the Town of Vail/Vail Local Housing Authority at a Guaranteed Maximum Price (GMP), • final development budget preparation and execution • vertical construction and final site work phasing • complete marketing, reservations and pre -sales activities in partnership with the Town • post completion transferable construction warranty • completion of a post -construction capital reserve fund study and recommendation Town of Vail Page 2 July 19, 2016 - Page 7 of 116 V. Financing Options On January 5, 2016, the Town staff presented an overview of funding options for the Chamonix Neighborhood. The purpose of the presentation was for the Town Council to review the various funding options and provide staff guidance on next steps in selecting a preferred funding alternative. In making the determination, the Town Council was asked to considered its tolerance for financial risk and desired level of investment. Town staff recommends that the Vail Town Council convene into executive session to allow for a presentation by Triumph Development on their financing proposal. With knowledge of Triumph's financing proposal the Vail Town Council will be better informed of the trade offs (execution, costs, timing, risk, etc.) associated between the options of the Town of Vail financing the development of the Chamonix versus private equity sources. VI. Development Agreement On February 15, 2016, the Vail Town Council instructed Town staff to pursue an RFP process to select a development partner for vertical construction of the homes at the Chamonix Neighborhood. In doing so, the Town Council members expressed their support for preparing a draft development agreement which outlined the Town's expectations for development on the Chamonix site. The purpose in doing so was to share the draft development agreement with prospective partners as part of the RFP process so that full disclosure of the Town's expectations is provided in advance of responding to the RFP. On March 15, 2016, the Vail Town Council approved the draft development agreement term sheet, as recommended, with modifications. In doing so, the Town Council and the Vail community have identified a number of essential outcomes which must be realized as a result of the development in the Chamonix Neighborhood. For that reason, the Vail Town Council considers it critical that the following terms are stated in any future development agreement: • The Town of Vail shall retain ownership of the land beneath the improvements. • The Town of Vail shall cause the site access and infrastructure improvements to be completed prior the start of any vertical construction on the site. • The property shall remain in the Housing zone district designation. • No varmances from the Zoning Regulations of the Town of Vail shall be requested. • The developer shall build within the range of the approved development plan as established by the town, based upon the adopted Chamonix Neighborhood Master Plan. • The developer shall be fully bonded and insured to cover the cost of construction of vertical construction. • All homes designated for affordable housing shall be deed restricted in a form acceptable to the Town. • The developer shall build to a pre -approved level of construction quality and materials specification, as mutually agreed by the developer and the town. • The developer shall be responsible for all phases of vertical construction design, entitlement and home completion. • The developer shall accept a design/build form of contract with guaranteed maximum pricing upon delivery of the completed homes. • The developer shall provide a minimum of a one yea transferable construction warranty to all home purchasers. • The developer shall prepare a Chamonix Development pro forma and perform within an "open book" environment to ensure the development remains on budget and provides margin transparency. Town of Vail Page 3 July 19, 2016 - Page 8 of 116 • The developer shall take aR equity stake OR the deVeIGPMeRt tE) maiRtaiR aGGE)URtabilit!,, and share in the finannial risk. • The developer shall be obligated to achieve a mutually acceptable construction schedule to ensure completion of the development within minimum/maximum time frames. • The developer shall work closely with the Town to ensure that the resulting development meets an acceptable level of environmentally sustainable design. VII. Response to RFP On March 31, 2016, the Town of Vail released a Request for Proposal (RFP) to provide design/build construction services for the Chamonix at Vail Residential Housing Development. The purpose of the RFP was to bind a qualified, competent, and experienced design/build team to perform the scope of work (design, entitle, contract, finance, construct, manage, etc.) necessary to complete the Chamonix Neighborhood. In addition to outlining the specific professional services being requested, the RFP prescribed a long list of information to be submitted for consideration and a detailed summary of the selection and evaluation criteria. In accordance with the RFP selection schedule, complete responses were due on April 28, 2016. Onsite interviews were held the week of May 16, 2016. The Town of Vail received one response to the Request for Proposal. A local development team comprised of Triumph Development, R.A. Nelson L.L.C., and 359 Design, L.L.C. (Development Team) submitted a proposal for the Town's consideration. In response, a selection committee was formed and interviews were conducted. More than 35 questions were asked by the selection committee members and the Development Team was evaluated and scored against fourteen, pre -determined selection and evaluation criteria. In the end, the selection committee found the Development Team scored 121.5/140 or 8.675/10 average. VIII. Action Required of the Vail Town Council Phase I of the Chamonix Neighborhood is complete. The next step in the development process is to focus on Phase II, vertical construction on the site. To do so effectively and efficiently, decisions on the future vertical construction are needed. To remain on schedule for an April 1, 2017 construction start work needs to begin on final construction drawings by no later than October 1, 2016. It is highly likely that if construction were to begin by April 2017 the first of the Chamonix Neighborhood residents would be moving into their new homes by January 1, 2018. At this time, the Town staff asks that the Vail Town Council provides direction and answers to the four questions outlined in Section I of this memorandum. IX. Next Steps Town staff is preparing for a follow up meeting with the Town Council on August 2, 2016. Pending answers to the four questions outlined in Section I of this memorandum, staff will return with more detailed information on development agreement terms, potential development costs and subsidy contributions, home purchase reservations and pre -sales requirements, product type and unit mix, site plan considerations, cash flow projections, etc. Town of Vail Page 4 July 19, 2016 - Page 9 of 116 PROJECT GUIDELINES AND GOALS *optimize the use of the site for Affordable For -Sale Housin • Design a context sensitive design solution • Develop a design that has the ability to be phased over time • Deliver a desirable and marketable type of housing product • Maximize the Town's limited supply of financial resources • Build res o nsl*bl with the existing site configuration and topography • Develop a diversified cost/sales structure to respond to a wider range of buyers Town of Vail - Chamonix Neighborhood Project Goals Town Council - July 19, 2016 July 19, 2016 - Page 10 of 116 359 DESIGN 3630 Osage Denver, Colorado 101111:1:�11BI rrlr/' \X j v40 - 40 AT, 1 n) �-Z �J — r ✓ f _r�,"{ F_ - r [4 ' ' - - f op • ■ ,. + + .00,-/ ■ r •__ = lox • a UNIT TYPE (`w/Garages) QTY 3 BR DUPLEX" 4 8,700 sq ft 3 BR DUPLEX PLUS BSMT* 6 18,500 sq ft 2 BR TOWNHOME* 8 11,500 sq ft 3 BR TOWNHOME* 8 16,000 sq ft 1 BR FLAT 8 5,900 sg ft 2 BR FLAT 12 13,000 sq ft FLAT GARAGES 12,500 sq ft TOTAL UNITS 46 86,100 sq ft =NEI 0' 15' 30' 60' 0 1"13 0' Town of Vail - Chamonix Neighborhood Site Plan Option 1 Town Council -July 19, 2016 359 DESIGN 3630 Osage Denver, Colorado 1 303.884.9131 July 19, 2016 - Page 11 of 116 38' Section AA Town of Vail - Chamonix Neighborhood Town Council - July 19, 2016 July 19, 2016 - Page 12 of 116 359 DESIGN 3630 Osage Section BB Site Sections Option 1 Denver, Colorado 1011811:1:210"BI 2 Level 3 Bedroom c71 it Grass 5q ft 3 Level 3 Bedroom with full basement 3,079 Gross Sq ft 2 Level 2 Bedroom Townhome 1,248 Gross Sq ft Tandem Garage Option 3 Level 2 or 3 Bedroom Townhome 1,983 Gross Sq ft 1 Bedroom Flat 737 Gross Sq ft 2 Bedroom Flat 1 ,080 Gross Sq ft Town of Vail - Chamonix Neighborhood Unit Plans Option 1 Town Council -July 19, 2016 359 DESIGN 3630 Osage Denver, Colorado 303.884.9131 July 19, 2016 - Page 13 of 116 ■ I_ Y � ✓ 1 mss �.00, . mmm� l ■ `�`��� ifs - ------------------- ------------------ 0 _- • 4000 S. 0 ---- ------- 100, .00. .00' �_---� r v �t / �.. ---- -40' � .. ------ ..00 - - ----- ---- 000P - 000P M000■ �. . ........ . -- • _ - -A 00 �: x' = a UNIT TYPE ("w/Garages) QTY 3 BR DUPLEX` 4 8,700 sq ft 3 BR DUPLEX PLUS BSMT* 6 18,500 sq ft 2 BR TOWNHOME* 8 11 ,500 sq ft 3 BR TOWNHOME* 8 16,000 sq ft 1 BR FLAT 8 5,900 sg ft 2 BR FLAT 12 13,000 sq ft FLAT GARAGES 12,500 sq ft TOTAL UNITS 46 86,100 sq ft =NEI O 0' 15' 30' 60' 1"=30' Town of Vail - Chamonix Neighborhood Recap Site Plan Option 1 Town Council -July 19, 2016 359 DESIGN 3630 Osage Denver, Colorado 1 303.884.9131 July 19, 2016 - Page 14 of 116 ■ ■ • ��0000 ■ ■ ! / QA ------- 000, UNIT TYPE ("w/Garages) QTY 3 BR DUPLEX` 10 21,800 sq ft 2 BR TOWNHOME* 14 1 19,000 sq ft 3 BR TOWNHOME* 17 32,900 sq ft 1 BR FLAT" 6 7,200 sq ft TOTAL UNITS 47 79,200 sq ft =NEI 0' 15' 30' 60' 0 1"=30' Town of Vail - Chamonix Neighborhood Site Plan Option 2 Town Council -July 19, 2016 359 DESIGN 3630 Osage Denver, Colorado 1 303.884.9131 July 19, 2016 - Page 15 of 116 b' , 1 U' 22' 1 J' Zb' /- I' 1 n' 22, 1q.1 41' Section AA Section BB Town of Vail - Chamonix Neighborhood Site Sections Option 2 Town Council - July 19, 2016 July 19, 2016 - Page 16 of 116 359 DESIGN 3630 Osage Denver, Colorado 101111:1:210"BI i i i ----i�--- „III IJIII ME 2 Level 3 Bedroom 2,177 Gross Sq ft 2 Level 3 Bedroom - 1 Level 1 Bedroom 2,177 Gross Sq ft 1,182 Gross Sq ft 1 3 Level 3 Bedroom Townhome 1,842 Gross Sq ft 3 Level 2 or 3 Bedroom Townhome 1,983 Gross Sq ft Town of Vail - Chamonix Neighborhood Unit Plans Option 2 Town Council -July 19, 2016 359 DESIGN 3630 Osage Denver, Colorado 303.884.9131 July 19, 2016 - Page 17 of 116 PROJECT GUIDELINES AND GOALS *optimize the use of the site for Affordable For -Sale Housin • Design a context sensitive design solution • Develop a design that has the ability to be phased over time • Deliver a desirable and marketable type of housing product • Maximize the Town's limited supply of financial resources • Build res o nsl*bl with the existing site configuration and topography • Develop a diversified cost/sales structure to respond to a wider range of buyers Town of Vail - Chamonix Neighborhood Project Goals Town Council - July 19, 2016 July 19, 2016 - Page 18 of 116 359 DESIGN 3630 Osage Denver, Colorado 101111:1:�11BI rrlr/' \X j v40 - 40 AT, i is tet, 1 n) �-Z �J r ✓ f _r�,"{ F_ - r [4 ' ' - - f op • ■ ,. + + .00,-/ ■ r lox UNIT TYPE (`w/Garages) QTY 3 BR DUPLEX" 4 8,700 sq ft 3 BR DUPLEX PLUS BSMT* 6 18,500 sq ft 2 BR TOWNHOME* 8 11,500 sq ft 3 BR TOWNHOME* 8 16,000 sq ft 1 BR FLAT 8 5,900 sg ft 2 BR FLAT 12 13,000 sq ft FLAT GARAGES 12,500 sq ft TOTAL UNITS 46 86,100 sq ft =NEI 0' 15' 30' 60' 0 1"13 0' Town of Vail - Chamonix Neighborhood Site Plan Option 1 Town Council -July 19, 2016 359 DESIGN 3630 Osage Denver, Colorado 1 303.884.9131 July 19, 2016 - Page 19 of 116 38' Section AA Town of Vail - Chamonix Neighborhood Town Council - July 19, 2016 July 19, 2016 - Page 20 of 116 359 DESIGN 3630 Osage Section BB Site Sections Option 1 Denver, Colorado 1011811:1:210"BI 2 Level 3 Bedroom c71 it Grass 5q ft 3 Level 3 Bedroom with full basement 3,079 Gross Sq ft 2 Level 2 Bedroom Townhome 1,248 Gross Sq ft Tandem Garage Option 3 Level 2 or 3 Bedroom Townhome 1,983 Gross Sq ft 1 Bedroom Flat 737 Gross Sq ft 2 Bedroom Flat 1 ,080 Gross Sq ft Town of Vail - Chamonix Neighborhood Unit Plans Option 1 Town Council -July 19, 2016 359 DESIGN 3630 Osage Denver, Colorado 303.884.9131 July 19, 2016 - Page 21 of 116 ■ I_ Y � ✓ 1 mss �.00, . mmm� l ■ `�`��� ifs - ------------------- ------------------ 4000 _- ~ f �..... S. ---- ------- 100, .00. .00' �t / �.. ---- -40' � .. ------ ..00 - - ----- ---- 000P - 000P - __ , , — M000 ■ . . ........ � . -- • _ - -A 00 �: x' = a UNIT TYPE ("w/Garages) QTY 3 BR DUPLEX` 4 8,700 sq ft 3 BR DUPLEX PLUS BSMT* 6 18,500 sq ft 2 BR TOWNHOME* 8 11 ,500 sq ft 3 BR TOWNHOME* 8 16,000 sq ft 1 BR FLAT 8 5,900 sg ft 2 BR FLAT 12 13,000 sq ft FLAT GARAGES 12,500 sq ft TOTAL UNITS 46 86,100 sq ft =NEI O 0' 15' 30' 60' 1"=30' Town of Vail - Chamonix Neighborhood Recap Site Plan Option 1 Town Council -July 19, 2016 359 DESIGN 3630 Osage Denver, Colorado 1 303.884.9131 July 19, 2016 - Page 22 of 116 0 doom 4000M■ ■ 40500 ■f #'0 -- -� A ■ ■ • ��0000 ■ ■ ! / / ■ • '' - ■ rY I -- UNIT TYPE ("w/Garages) QTY 3 BR DUPLEX` 10 21,800 sq ft 2 BR TOWNHOME* 14 19,000 sq ft 3 BR TOWNHOME* 17 32,900 sq ft 1 BR FLAT" 6 7,200 sq ft TOTAL UNITS 47 79,200 sq ft 0' 15' 30' 60' 0 1" =30' Town of Vail - Chamonix Neighborhood Site Plan Option 2 Town Council -July 19, 2016 359 DESIGN 3630 Osage Denver, Colorado 1 303.884.9131 July 19, 2016 - Page 23 of 116 b' , 1 U' 22' 1 J' Zb' /- I' 1 n' 22, 1q.1 41' Section AA Section BB Town of Vail - Chamonix Neighborhood Site Sections Option 2 Town Council - July 19, 2016 July 19, 2016 - Page 24 of 116 359 DESIGN 3630 Osage Denver, Colorado 101111:1:210"BI i i i ----i�--- „III IJIII ME 2 Level 3 Bedroom 2,177 Gross Sq ft 2 Level 3 Bedroom - 1 Level 1 Bedroom 2,177 Gross Sq ft 1,182 Gross Sq ft 1 3 Level 3 Bedroom Townhome 1,842 Gross Sq ft 3 Level 2 or 3 Bedroom Townhome 1,983 Gross Sq ft Town of Vail - Chamonix Neighborhood Unit Plans Option 2 Town Council -July 19, 2016 359 DESIGN 3630 Osage Denver, Colorado 303.884.9131 July 19, 2016 - Page 25 of 116 PROJECT SUMMARY 3D condos over parking 14 - 16 Townhome 3-10 Duplex Sidewalks to bus stop and (ids play zone r Chamonix Housing Development Town Council Work &Executive Session July 19, 2016 July 19, 2016 - Page 26 of 116 Triumph,, 359 and RA Nelson as Your Development Partners • Structure and Lead Development Project — Finalize Building Program Plan — Create Reliable Business Plan and Budget — Help the town determine best value alternatives — e.g. system -built construction — Provide or help TOV arrange financing — Execute! • Manage Risk — Determine phasing constraints and phasing plan — Presales commitments to minimize risk — Deal and contract options to guarantee delivery schedule & budget — Regular feedback and execution checkpoints to keep project on -track. — Urgency! July 19, 2016 - Page 27 of 116 Turnkey Developer Option A - Step 1: Sketch Design and Outline Business Terms • WorK with TOV Staff and Council to study and refine alternate development programs and concept budgets. • Finalize terms of the business deal between Triumph and TOV. • Document development program, schedule, phasing plan, and target budget in mutually executed Letter of Intent. • LOI used to draft the open -book, guaranteed maximum price Purchase and Sale Agreement. • Deadline of October 1, 2016 for April 2017 start. July 19, 2016 - Page 28 of 116 Turnkey Option A - Step 2: Project Design,, Budgeting, Entitlement & Presales • Build and manages development team. • Oversee detailed project design and incorporate cost saving construction techniques such as system -built construction. • Prepares TOV Entitlement Package, procure entitlement for this plan, and get final approval from TOV Council. • Prepare and continually update the open -book budget and schedule for the project. • Triumph and TOV to negotiate and finalize terms of the design - build Purchase and Sale Agreement. July 19, 2016 - Page 29 of 116 Turnkey Option A - Step 2: Project Design,, Budgeting, Entitlement & Presales • At TOV's option, Triumph to facilitate TOV's presale process. • TOV to fund out-of-pocket, project -specific design, entitlement and preconstruction costs and retain ownership of these documents. • Development team hired on a consulting basis with no profit unless we hit development goals. July 19, 2016 - Page 30 of 116 Turnkey Option A - Step 3: Execute Purchase & Sale Agreement • At building permit, triumph and TOV execute a guaranteed maximum price Purchase and Sale Agreement for Phase 1. • PSA to include a 10% TOV letter -of -credit. • Triumph and TOV will enter into a nominal $ ground lease during the course of construction. Ground lease will be subordinate to Triumph's construction financing. • Deliver new units to TOV in 12 to 14 months at the GMP. • With expedited review, the first units could be available December 2017. July 19, 2016 - Page 31 of 116 Option B — Installment Sale & Development Success Fee • Triumph performs all the same steps outlined above. • Rather than signing a PSA with Triumph, TOV signs a Design - Build GMP contract with RA Nelson. • Eliminate Triumph's cost of capital. • Create incentive fee structure to align interests. July 19, 2016 - Page 32 of 116 Triumph Fee Summary Exhibit A - Triumph Development Chamonix Fee Breakdown & Alternate Deal Structures 7/14/16 Option A - Turnkey Developer Option B - Success Fee TOV Fee Category & Activity Mos. Mo. Fee Total Fee Mos./Units Fee Total Fee Development Scope Developer Retainer - Through Commencement of Construction 10 $ 5,000 $ 50,000 10 $ 5,000 $ 50,000 Success Fee - TOV Council Approves Development Plan & LOI $ 50,000 $ 50,000 Success Fee - DRB Approval $ 50,000 $ 25,000 Success Fee - Developer/TOV Close on Construction Finacing $ 25,000 Success Fee - Developer/TOV Execute GMP Contract with GC $ 35,000 Success Fee - Final Design, Financing, Sign GMP Contract $ 35,000 $ - Total Preconstruction $ 185,000 $ 185,000 Construction Admin Developer - Monthly CA Retainer 16 $ 3,000 $ 48,000 16 $ 4,000 $ 64,000 Total Consulting Fee or Direct Overhead Hours $ 233,000 $ 249,000 Development Fee Developer Cost of Capital 3.00% Hard + Soft $ 521,290 (TOV Financed) Successs Fee - Schedule 46 $ 750 $ 34,500 Success Fee - On Budget Completion 46 $ 2,500 $ 115,000 Total Profit/Success Fee $521,290 $ 149,500 Total Overhead and Fees $ 880,510 $ 398,500 Optional Marketing, Presale & Buyers Interface Developer Retainer - Presales Through Preconstruction 10 $ 3,000 $ 30,000 10 $ 3,000 $ 30,000 Developer Retainer - Buyer/GC Interface During Construction 16 $ 2,500 $ 40,000 16 $ 2,500 $ 40,000 Success Fee - Presales Required to Start Construction $ 60,000 $ 60,000 Total Optional Presale & Buyer Interface $ 130,000 $ 130,000 July 19, 2016 - Page 33 of 116 Closing Thoughts • Phasing — Design for east half the site is optimized — Ready to execute — West portion has options that can be studied. — Flexible phasing— maximum cash, presale threshold, etc. • Our Job is to Help You Manage Risk — Not signing off on $18+ million project. — Signing off on a project that meets outlined criteria. • Schedule — Allows for prudent decision making. But little float remains. — Finalize plans in next few weeks to get started by Spring 2017 • Decision Making — Need a dedicated team of TOV, Housing Authority and Developers meeting regularly to advance the development process efficiently. — Guidance on final design elements — condos? 1BRs? 3 Story Duplex? July 19, 2016 - Page 34 of 116 TOWN Of VAJL' VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Executive Session, pursuant to: 1) C.R.S. §24-6-402(4)(a)(b)(e) -to discuss the purchase, acquisition, lease, transfer, or sale of property interests; to receive legal advice on specific legal questions; and to determine positions, develop a strategy and instruct negotiators, Regarding: Chamonix Housing Development PRESENTER(S): Matt Mire, Town Attorney July 19, 2016 - Page 35 of 116 TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Town Council will break from 12:00 p.m. to 2:00 p.m. Town Council will reconvene at 2:00 p.m. - 2:15 p.m. as the Vail Reinvestment Authority. See separate Vail Reinvestment Authority Agenda. July 19, 2016 - Page 36 of 116 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: DRB / PEC Update PRESENTER(S): Chris Neubecker, Planning Manager ATTACHMENTS: Description July 6, 2016 DRB Meeting Results July 11, 2016 DRB Meeting Results TOWN OF VAIP July 19, 2016 - Page 37 of 116 rowN of va MEMBERS PRESENT Bill Pierce Rollie Kjesbo Doug Cahill Peter Cope Andy Forstl DESIGN REVIEW BOARD AGENDA PUBLIC MEETING July 06, 2016 Council Chambers 75 South Frontage Road West - Vail, Colorado, 81657 PROJECT ORIENTATION SITE VISITS MEMBERS ABSENT 1. 250 South Frontage Road — Stream Tract Fence 2. 298 Hanson Ranch Road - Vista Bahn Building 3. 231 Gore Creek Drive — Pepi's/Gasthof Gramshammer 4. 1250 Ptarmigan Road — Crow Residence 5. 4512 Streamside Circle — Happy Place LLC 6. 4791 Meadow Lane - Campbell Residence 7. 1335 Westhaven Drive — Flower Residence 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: Table to July 20, 2016 MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 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: Staff Approved 3. Campbell Residence DRB16-0191 Final review of an addition 4791 Meadow Lane/Lot 1, Block 6, Bighorn 5t" Addition Applicant: David Campbell, represented by K.H. Webb Architects ACTION: Approve, with Conditions MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 CONDITION(S): 1:OOpm 3:OOpm Brian Matt Brian Prior to issuance of a building permit, the applicant shall submit a color board for review and approval by Community Development Department staff. Page 1 July 19, 2016 - Page 38 of 116 4. Vista Bahn Building DRB16-0198 Jonathan Final review of an addition (window) 298 Hanson Ranch Road/Lot C, Block 2, Vail Village Filing 1 Applicant: Remonov & CO, represented by TAB Associates, Inc. ACTION: Approve, with Conditions MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 CONDITION(S): 1. If the grab and go window is not operational for a period of 6 months or more or another use displaces the operation, the window film shall be removed. 2. The applicant shall supply staff with a planting plan for all Vista Bahn planting beds that shall be planted by no later than June 15th of any given year. 5. Flower Residence DRB16-0205 Matt Final review of an exterior alteration (door/paint/siding) 1335 Westhaven Drive/Cascade Village -Cascade Creek Applicant: Ramsey Flower ACTION: Approve, with Conditions MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 CONDITION(S): 1. The applicant shall paint all trim, fascia, and belly band the same color, identified on the submitted application as "smoke." 2. The ceramic simulated metal tiles presented at the Design Review Board meeting are not approved. The applicant shall use actual metal siding as indicated on the proposed materials list in the submitted Design Review Board application. Alternatively, the applicant may replace the existing wood siding with new wood siding. If the new wood siding is to match the existing wood siding, staff may approve the request. If the existing or new wood siding is to be painted a different color, Design Review Board approval will be required. 3. In order to create architectural relief for the exterior wall underneath the southeastern dormer that is currently flush with the building, the applicant shall, in conjunction with installation of either new metal or wood siding, create a one and one-half inch (11/2") to two inch (2") projection from the stucco wall. 4. There shall not be a change in materials at the outside corners of the western entryway. 6. Happy Place LLC Residence DRB16-0221 Chris Final review of changes to approved plans (windows) 4512 Streamside Circle Unit B/Lot 14, Bighorn Subdivision 4th Addition Applicant: Happy Place LLC, represented by Jeff Long ACTION: Approve MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 7. Crow Residence DRB16-0224 Brian Final review of an exterior alteration (windows, siding, roof, rail, landscape) 1250 Ptarmigan Road/Lot 4, Block 8, Vail Village Filing 7 Applicant: Trammell Crow, represented by Berglund Architects ACTION: Approve MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 8. Town of Vail DRB16-0229 Final review of an exterior alteration (fence) Page 2 Matt July 19, 2016 - Page 39 of 116 250 South Frontage Road West/Tract C, Vail Lionshead Filing 2 Applicant: Town of Vail, represented by Gregg Barrie ACTION: Continue to July 20, 2016 MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 9. Gasthof Gramshammer Inc. DRB16-0236 Matt Final review of an exterior alteration (awnings) 231 Gore Creek Drive/Lot A, Block 5B, Vail Village Filing 1 Applicant: Gasthof Gramshammer Inc., represented by Bryan Parks ACTION: Approve, with Conditions MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 CONDITION(S): When the existing yellow and white striped canvas awning at the west side of the property is replaced, the applicant shall replace the awning with a color that matches or is complimentary to the retractable awnings at the southeast side of the patio. Should the applicant propose to replace the existing yellow and white striped canvas awning at the west side of the property with the same color and material as approved for the southeast side retractable awnings, staff may approve the request. Should the applicant propose a different, but complementary, color replacement awning, Design Review Board approval shall be required. 2. At the time of the replacement of the existing yellow and white striped canvas awning at the west side of the property, the existing solid railings on the west side of the patio shall be replaced to match the color, materials, and style of the existing open style railings at the east end of the patio. 10. Town of Vail DRB16-0238 Final review of New Construction (Picnic Shelter) 1600 South Frontage Road West (Donovan Park)/Unplatted Applicant: Town of Vail, represented by Gregg Barrie ACTION: Approve MOTION: Kjesbo SECOND: Forstl VOTE: 5-0-0 STAFF APPROVALS Fischer 7131 Corp DRB16-0131 Final review of changes to approved plans (landscaping) 100 Vail Road Applicant: Fisher 7131 Corp, represented by Nedbo Construction North Nevada LLC DRB16-0177 Final review of an exterior alteration (deck/driveway) 2460 Bald Mountain Road/Lot 20, Block 2, Vail Village Filing 13 Applicant: North Nevada LLC, represented by Jeff Manley Vail Mountain School DRB16-0180 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 Brian Jonathan Chris Jonathan JMB Revocable Living Trust DRB16-0183 Jonathan Final review of an exterior alteration (deck, windows) 1406 Moraine Drive/Lot 3, Dauphinais-Mosely Filing 1 Applicant: JMB Revocable Living Trust, represented by Rocky Mountain Construction Group Page 3 July 19, 2016 - Page 40 of 116 Viola Residence DRB16-0188 Matt Final review of an addition (crawl space) 795 Potato Patch Drive Unit B/Lot 26, Block 1, Vail Potato Patch Filing 1 Applicant: Randall Viola, represented by Martin Manley Architects Anderson Residence DRB16-0200 Matt Final review of an exterior alteration (deck) 1460 Buffehr Creek Road Unit G/Parcel G, Crossview at Vail Applicant: Carolyn Anderson Greif Residence DRB16-0201 Brian Final review of an exterior alteration (windows) 2000 Chamonix Lane/Lot 37, Buffehr Creek Resubdivision Applicant: Linda Greif Simba Run Condominium Association DRB16-0202 Jonathan Final review of changes to approved plans (compactor) 1100 North Frontage Road West/Simba Run Subdivision Applicant: Simba Run Condominium Association, represented by Kim Newbury Garcia Residence DRB16-0203 Final review of an exterior alteration (deck/windows) 3988 Lupine Drive Unit A/Lot 2, Block 2, Bighorn 1St Addition Applicant: Stevan Garcia, represented by Burke Harrington Chris McAdam Residence DRB16-0208 Brian Final review of an exterior alteration (window, garage door, patio door) 1370 Sandstone Drive Unit 7 (Eiger Chalets)/Lot G2, Lion's Ridge Filing 2 Applicant: Cynthia McAdam, represented by HW Builders Beck Residence DRB16-0209 Final review of an exterior alteration (landscaping) 2923 Bellflower Drive/Lot 1, Bellflower Subdivision Applicant: Stephen Beck Matt Ver Ploeg Residence B16-0213 J. R. Final review of an exterior alteration (re -roof) 4415 Bighorn Road Unit 5/1-ot 2, Block 3, Bighorn 3rd Addition Applicant: Anthea Williams Ver Ploeg, represented by TCC Roofing Inc. Burger Residence DRB16-0214 Matt Final review of an exterior alteration (sign) 716 Forest Road Unit A/Lot 10, Block 1, Vail Village Filing 6 Applicant: Amy Burger, represented by Evans Chaffee Construction Iceliux LLC DRB16-0215 Final review of an exterior alteration (driveway) 2430 Chamonix Lane/Lot 12, Block B, Vail Das Schone Filing 1 Applicant: Iceliux LLC, represented by Nedbo Construction Brian Valley Condominium Association DRB16-0216 Chris Final review of an exterior alteration (paint) 1516 Buffehr Creek Road/Parcel A, Lions Ridge Filing 2 Applicant: Valley Condominium Association, represented by Gail Goodwin Page 4 July 19, 2016 - Page 41 of 116 Goodwin Residence DRB16-0218 Final review of an exterior alteration (fireplace) 1518 Buffehr Creek Road Unit B30 (Valley Condos)/Parcel A, Lions Ridge Filing 2 Applicant: Darrell & Gail Goodwin, represented by Level Best Interiors California Cattle & Land Residence DRB16-0219 Final review of an exterior alteration (deck, railings) 1764 Alpine Drive Unit 2/1-ot 6, Vail Village West Filing 1 Applicant: California Cattle & Land Inc., represented by John Faas O'Brien Residence DRB16-0220 Final review of an exterior alteration (deck) 4342 Spruce Way Unit B/Lot 8, Block 3, Bighorn Subdivision 3rd Addition Applicant: Paul & Karen O'Brien White Bison Restaurant DRB16-0222 Final review of an exterior alteration (fire box) 223 Gore Creek Drive Unit B/Lot A, Block 5B, Vail Village Filing 1 Applicant: White Bison Restaurant, represented by Rocky Mountain Construction Group Hemenway Residence DRB16-0223 Final review of an exterior alteration (windows) 300 East Lionsridge Circle Unit 104/1-ot 4, Block 1, Vail Lionshead Filing 2 Applicant: Stephen Hemenway, represented by Saundra Spaeh Architect Vail Basshaus Ltd. DRB16-0225 Final review of changes to approved plans (deck) 312 Mill Creek Circle/Lot 5, Block 1, Vail Village Filing 1 Applicant: Vail Basshaus Ltd., represented by Nedbo Construction Kjesbo Residence DRB16-0226 Final review of an exterior alteration (windows) 2800 Aspen Lane Unit A/Lot 11, Vail Village Filing 11 Applicant: Roland Kjesbo, represented by Warren Krok Landers Residence DRB16-0231 Final review of an exterior alteration (dormer) 1454 Greenhill Court Unit W/Lot 1, Glen Lyon Subdivision Applicant: John Landers, represented by Martin Manely Architects Momiroff/Conners Residences DRB16-0233 Final review of an exterior alteration (re -paint) 2427 Garmisch Drive Units A & B/Lot 13, Block H, Vail Das Schone Filing 2 Applicant: Boris Momiroff & Thomas Conners, represented by Jesse Nieto Karja LLC DRB16-0234 Final review of an exterior alteration (trash enclosure) 265 Forest Road/Lot 21, Block 7, Vail Village Filing 1 Applicant: Karja LLC, represented by Bill Nutkins Valley Condominium Association DRB16-0235 Final review of changes to approved plans (siding, rim) 1516 Buffehr Creek Road/Parcel A, Lion's Ridge Filing 2 Applicant: Valley Condominium Association, represented by Manuel Torres Page 5 Matt Brian Matt Brian Brian Brian Chris Jonathan Jonathan Matt Chris July 19, 2016 - Page 42 of 116 Morning Dew Capital LLC DRB16-0237 Jonathan Final review of a changes to approved plans (exterior finishes) 3030 Booth Creek Drive/Lot 5, Block 3, Vail Village Filing 1 Applicant: Morning Dew Capital LLC, represented by Krueger Architecture Brod Residence B16-0241 JR Final review of an exterior alteration (re -roof) 5033 Prima Court/Parcel 3, Sundial Phase 1 Applicant: Daniel Brod, represented by Dave Argo Christy Sports DRB16-0243 Jonathan Final review of a sign (business ID) 293 Bridge Street/Lots F -K, Block 5C, Vail Village Filing 1 Applicant: Christy Sports, represented by Sign Design & Graphics Racquet Club Owners Association DRB16-0244 Jonathan Final review of a sign (building ID) 4770 Bighorn Road/Unplatted Applicant: 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 6 July 19, 2016 - Page 43 of 116 TOWN OF VA90 PLANNING AND ENVIRONMENTAL COMMISSION July 11, 2016, 1:00 PM Vail Town Council Chambers 75S. Frontage Road -Vail, Colorado, 81657 Call to Order Members Present: Chairman Rediker, Brian Gillette, John Ryan Lockman, Henry Pratt, Ludwig Kurz and Brian Stockmar Absent: Kirk Hansen 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. Applicant: Town of Vail Community Development Department Planner: George Ruther Action: Continue to Sept 12, 2016 Motion: Gillette Second: Kurz Vote: 6-0-0 A request for the review of a Conditional Use Permit for the Chabad Jewish Center, pursuant to Section 12-7H-4, Conditional Uses; Second Floor and Above, in accordance with the provisions of Section 12-16-4, Hearing, Vail Town Code, to allow for a religious institution, located at 450 East Lionshead Circle (Treetops)/Lot 6, Block 1, Vail Lionshead Filing 1, and setting forth details in regard thereto. (PEC16-0026) — 45 Min. Applicant: Chabad Jewish Center, represented by Michael Hazard, AIA Planner: Matt Panfil Action: Approve, with Conditions Motion: Kurz Second: Lockman Vote: 6-0-0 Conditions: 1. This Conditional Use Permit shall lapse and become void if a building permit is not obtained and diligently pursued toward completion or the approved use has not commenced within two (2) years from the date of approval. Any conditional use which is discontinued for a period of two (2) years, regardless of any intent to resume operation, shall not be resumed thereafter, any future use of the site or structures thereon shall conform to the provisions of Title 12, Vail Town Code. 2. The applicant shall instruct all of its employees to inform delivery drivers, caterers, and other people making deliveries to the Chabad Jewish Center July 19, 2016 - Page 44 of 116 to use the on-site loading dock or the designated courier delivery zone on the north side of East Lionshead Circle, near the east end of the Lionshead parking structure and not to use the Lionshead Circle transit stops or other unauthorized locations. The applicant shall be responsible for ensuring that people making deliveries to the Chabad Jewish Center adhere to these requirements and the adopted Lionshead Loading and Delivery Plan (Attachment D), and as updated on the Town of Vail website. 3. Failure of the applicant to adhere to these conditions of approval may require review of this Conditional Use Permit, including a public hearing by the Planning and Environmental Commission, and may result in revocation of this permit. Matt Panfil presented the project details and acknowledged a letter received for public record. Gillette — Asked for clarification on parking requirements and history of parking at the structure. Pratt — Asked if the HOA has signed off for the use proposed. Panfil — Yes. Kurz — Asked the present location of the Vail Centre. Panfil — Avon. Kurz — Asked what deliveries to the proposed use are expected. Panfil — Will let the applicant address that in their presentation, but anticipates small deliveries for office supplies, etc. Lockman — Asked for clarification regarding the previous fee in lieu paid for parking. Michael Hazard presented on behalf of the applicant. Stockmar — Asked to clarify whether there are anticipated modifications to the exterior. Hazard — No exterior modifications are proposed at this time. If there are at a later date they would seek appropriate Town approvals. Rediker — Is there a congregation associated with the use and what are the logistics of the operation? Rabbi Mintz - Clarified delivery and use logistics and anticipated hours of operation. Rediker opened public comment. No public comment. July 19, 2016 - Page 45 of 116 Stockmar— In favor of the application as presented. Gillette — Concurs with staff analysis. Pratt — Not in complete agreement with the parking analysis. He feels that there may be more parking demand than anticipated by the applicant, but he is OK with the application. Kurz — Concurs with Commissioner Pratt. Lockman — Concurs with staff analysis. Rediker — Concurs with staff analysis. Kurz incorporated the findings as set forth in the staff memo into his motion for approval. 4. A request for a recommendation to the Vail Town Council for a Prescribed Regulations Amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to amend Section 12-15-3, Definition, Calculations, and Exclusions, Vail Town Code, concerning the definition of Gross Residential Floor Area (GRFA) and setting forth details in regard thereto (PEC16-0024). 60 Min. Applicant: Town of Vail Planner: Chris Neubecker Action: Continue to July 25, 2016 Motion: Stockmar Second: Kurz Vote: 6-0-0 Approval of Minutes June 27, 2016 PEC Meeting Results Action: Table to July 25, 2016 Motion: Kurz Second: Lockman Vote: 5-0-1 (Rediker Abstained) Informational Update — Nonconformities Jonathan Spence presented an informational presentation pertaining to legal nonconforming uses and structures. Discussion among the Planning and Environmental Commission and staff included topics such as, nonconforming density and the effect of previously approved annexations and down zonings, time limitations for the Town to enforce nonconforming situations, at which scale solutions to nonconformity issues should be applied, conflicts between the Comprehensive Plan and zoning classifications, the inability of a property to access available GRFA when there are nonconforming densities or uses, the potential to allow multi -family residential as a conditional use within the Primary Secondary (P/S) zoning district, and grandfathering densities that were existing prior to annexation. July 19, 2016 - Page 46 of 116 Adjournment 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. July 19, 2016 - Page 47 of 116 TOWN OF VAR' VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Update on Sustainable Destination Project PRESENTER(S): Kristen Bertuglia, Environmental Sustainability Manager ACTION REQUESTED OF COUNCIL: There is no action requested at this time. BACKGROUND: The Town of Vail's venture to become the first certified Sustainable Destination in North America by December of 2017 has begun. In order to achieve certification, approved by the Global Sustainable Tourism Council, sanctioned by the United Nations, the town must meet over 40 different criteria in the areas of 1) Tourism Management, 2) Planning, 3) Community and Culture, and, 4) Environment. In addition to meeting the set criteria, the Sustainable Destination Steering Committee will develop additional criteria specific to mountain resorts, so that Vail's program may be a model for other resort communities worldwide. STAFF RECOMMENDATION: There is no staff recommendation at this time. ATTACHMENTS: Description Sustainable Destination Project Update Attachment A - Sustainable Destination - A Dialogue for Locals Presentation July 19, 2016 - Page 48 of 116 0 rowN of vain Memorandum TO: Vail Town Council FROM: Community Development Department DATE: July 19, 2016 SUBJECT: Sustainable Destination Project Update I. SUMMARY The Town of Vail's venture to become the first certified Sustainable Destination in North America by December of 2017 has begun. In order to achieve certification, approved by the Global Sustainable Tourism Council, sanctioned by the United Nations, the town must meet over 40 different criteria in the areas of 1) Tourism Management, 2) Planning, 3) Community and Culture, and, 4) Environment. In addition to meeting the set criteria, the Sustainable Destination Steering Committee will develop additional criteria specific to mountain resorts, so that Vail's program may be a model for other resort communities worldwide. II. PUBLIC INPUT PROCESS In order to ensure that achieving the Sustainable Destination certification results in meaningful change and avoids being an exercise in paperwork, the town, in partnership with Walking Mountains Science Center, seeks feedback and involvement from the public throughout the process. • A Dialogue for Locals, July 7th - a gathering of long-time residents, new residents, second -homeowners, business and future leaders, was held at the Grand View Room for the purpose of an open dialogue on what this certification can mean for Vail's future. See Attachment A for discussion topics. Comments from the Dialogue: "It's going to become increasingly difficult for Vail to distinguish itself from other mountain resorts simply by skiing. We've done a great job with Bravo! Vail. This whole area of sustainability/environment can become a real distinguishing feature from a standpoint of tourism and for quality of life for residents. It's a wonderful project that will significantly enhance Vail's future." — Alan Danson, resident "My heart goes out to you. This is a discussion that is overdue. Congratulations because this is needed, it's possible, more importantly, we ought to be thinking about future generations. It's seen as just another initiative but it's much more important — you can change the track of a place for the next 50 years." Terry Minger, business, environmental and community leader, former Executive Director of Robert Redford's Environmental Resources Institute, former Vail Town Manager. Public Open House, July 28th — an open invitation to the public to enjoy lunch on the Grand View Room's patio and provide feedback on the certification criteria. Participants will be asked to respond to existing sustainability standards such as tourism management strategies, affordable housing, preserving community culture, wildlife and resource protection, waste reduction, and reducing greenhouse gas emissions. They will also be asked to provide additional criteria they feel is appropriate to Vail, and to a worldwide mountain resort standard. III. VAIL TOWN COUNCIL AS TOURISM MANAGEMENT ORGANIZATION The first criteria in the category of Tourism Management is: the destination has an effective organization, department, group, or committee responsible for a coordinated approach to July 19, 2016 - Page 49 of 116 sustainable tourism. This organization has defined responsibilities for the management of environmental, economic, social, cultural heritage, quality, health, and safety issues. This entity is the Vail Town Council, supported by the Sustainable Destination Steering Committee. As the project moves forward, the Vail Town Council will be asked to participate in this community effort by supporting the adoption of the criteria, and plans to meet criteria not yet met or not yet identified, by Resolution. IV. ATTACHMENTS A. July 7t", A Dialogue for Locals, Presentation Town of Vail Page 2 July 19, 2016 - Page 50 of 116 - TOWN OF VA I L.40 SUSTAINABLE TRAVEL INTERNATIONAL Makina A Better World The Destination activet gre.e real -�: Certified By \walking mounts ns, 4rnre rrn ler �r Y walking mountains science center 00 0 TRAVELFOREVER GLOBAL SUSTAINABLE TOURISM COUNCIL Steering Committee July 19, 2016 - Page 52 of 116 Sustainability Defined... . go The three Vs: Environmental social People Protection Responsibility, Planet Sustainable ' Profit Principles "...development that meets the needs of the present without compromising the ability of Economic future generations to meet their own needs." Success World Commission on the Environment and Development "Living today as if tomorrow matters." July 19, 2016 - Page 53 of 116 Sustainable Destinations... • Sustainable tourism trends 0 40 certification criteria • Any tourism management organization should aspire to in these practices Interdisciplinary, holistic, integrative r � �'¢ _ .fir IR SF,�, � - •y" w July 19, 2016 - Page 54 of 116 Four Main Objectives of Sustainable Destinations: • Demonstrate sustainable destination management • Maximize social and economic benefits for the community and minimize negative impacts • Maximize benefits to community, visitors and cultural heritage and minimize impacts • Maximize benefits to the environment and minimize negative impacts July 19, 2016 - Page 55 of 116 TOWN of VAIL! Vision: To be the Premier International Mountain Resort Community. Mission: Grow a vibrant, diverse economy and community and preserve our surrounding natural environment, providing our citizens and guests with exceptional services and an abundance of premier recreational, cultural and educational opportunities. Values: Respect, Trust, Integrity, Innovation, Collaboration, Environmental Stewardship July 19, 2016 - Page 56 of 116 Town of Vail's Goals: 1)Grow a Balanced Community 2)Enhance the Local Economy 3)Elevate the Experience ��?� To be the craV� PREMIER m international mountain resort community elevate the EXPERIENCE Imagine Vail... • A Place where Tourism Improves Lives and Protects Natural Resources • A Place with Consistent and Effective Stakeholder Collaboration on Sustainability • A Place with Sustainability Programs and Projects Designed and Implemented to Address Priorities • A Place that is Known Internationally for its Commitment to Sustainability July 19, 2016 - Page 58 of 116 Questions for you... • What is the significance of this project for Vail's future? • What about this project is most compelling for you? How can this project engage and connect our community? July 19, 2016 - Page 60 of 116 TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Update on San Miguel de Allende and Vail Sisterhood Exchanges PRESENTER(S): Greg Moffet, Town Council Member, Brian Nolan, Group 970 Restaurants, Matt Morgan, Sweet Basil ACTION REQUESTED OF COUNCIL: Council direction on next steps to implement with regard to Sisterhood Agreement. BACKGROUND: Recent Vail and San Miguel de Allende exchanges were completed with programming for arts, culinary and music venues. An update by members of Vail's delegation will be presented. ATTACHMENTS: Description Memo SMA and Vail Exchange Update July 19, 2016 - Page 61 of 116 rowN ofvain ") Memorandum To: Vail Town Council From: Vail Town Staff Date: July 19, 2016 Subject: Update on recent San Miguel de Allende and Vail Exchanges implemented per the Sisterhood Agreement BACKGROUND The Town of Vail received an invitation from the Mayor Mauricio Trejo Pureco of San Miguel de Allende in February 2015 to bring a delegation to his city to explore the possibility of a long-term relationship that would foster educational, cultural, tourism, economic and professional exchanges. The Vail delegation of five traveled to the central Mexico region in May 2015, including Mayor, Town Council, Town Manager and Economic Development Manager. The Sisterhood Agreement has an objective to encourage bilateral cooperation, intensify common efforts and to exchange experiences and the execution of common activities that contribute to the development of both cities in the areas of educational student exchanges, cultural, artistic and sports exchanges, promotion of tourism and environmental cooperation. Our planning process with SMDA officials has created excellent exchange opportunities that speak to this agreement. The two communities implemented exchanges this past June which included 5 day visits to each location with participation in culinary, art, and music venues. Kelli McDonald, Economic Development Manager, Patty McKenny, Town Clerk, Molly Eppard, AIPP Coordinator represented Vail and Zonia Torres, Tourism and Economic Development Director and Teri Kavanagh, Director of NGO's and Liaison to the Foreign Community headed up the planning efforts on behalf of both municipalities. Matt Morgan and his Sweet Basal chefs and Brian Nolan, Group 970 (Blue Moose Pizza owner), also joined the Vail delegation traveling to San Miguel de Allende as part of the implementation of the culinary exchanges. What follows are some highlights and recaps from the programming exchanges. July 19, 2016 - Page 62 of 116 II. RECAP OF PROGRAMMING EXCHANGES Results from Programming in SMA: Culinary events included Sabores San Miguel which (www.sabores-san- miguel.com) was attended by Sweet Basil chef, Paul Anders, and assistant chef, Sal Salazar, representing the Town of Vail. This is a food festival which gathers the culinary community of San Miguel de Allende to promote local restaurants, producers, and the gastronomic local scene. In 2015, for the first time, the festival included international guest chefs from San Francisco, Los Angeles, New York, Washington, Toronto and London. The festival began June 16 and ended June 19, allowing the opportunity for Vail chefs to showcase their cuisine to over 4,000 attendees throughout the 3 -day festival. Vail chefs participated in culinary demonstrations during the festival on June 16 and 18. In addition, a visit to The Restaurant, owned by SMA visiting chef Donnie Masterton, took place in an effort to preview their fresh local culinary experience and a tour of the Organic Ranch completed the culinary tour itinerary. ■ Arts showcases included a visit to the Artisan Workshops and to the Fabrica La Aurora, a shopping galleria with studios, shops and restaurants which included warehouses that house many artisans with studios, galleries and boutique shopping. Results from Programming in Vail: ■ Musical events included several opportunities for SMA musicians to showcase their talents beginning with the Hot Summer Nights concert performance on June 21 with Pilaseca, playing at the GRFA. In addition, the SMA delegation enjoyed a Bravo! Vail performance of Academy of St. Martin in the Fields on Sunday, June 26. Culinary events will included several SMA chefs, including owner of The Restaurant, Donnie Masterton, renowned for his "global food" menu (www.therestaurantssanmiguel.com) and owner of Moxi restaurant, Carlos Zamora Larios, at the Hotel Matilda ,both who prepared the culinary cuisine at Sweet Basil restaurant on June 23, serving a menu that focused on SMA produced products and specialty contemporary cuisine. The venue was decorated with elements and artwork showcasing the Mexican culture and the wonderful dinner event was a well attended ticketed evening and open to the public for about 120 attendees. In addition, SMA chefs were invited to participate in the Vail Farmer's Market sponsored "Farm to Table Dinner" held Saturday evening, June 25, which attracted about 100 guests to a dinner made with entirely local -fresh ingredients. ■ Artist events were attended by a multi -disciplinary SMA visiting artist Juan Ezcurdia (www.ezcurdia.com). His sculptures, ceramics, and other artworks were displayed at Sweet Basil restaurant throughout the weekend, as well as at the Vail Summerfest on Friday, June 24, and the Vail Arts Festival on Saturday, June 25 where other artisan crafts indigenous to SMA were also exhibited. The Vail Arts Pass hosted a Town of Vail Page 2 July 19, 2016 - Page 63 of 116 brunch attended by a delegation from the Mexican Consulate in Denver at the Vail Chophouse on Saturday June 25 to recognize Juan and his work. ■ Adventure activities were also part of the SMA delegation's itinerary as they participated in a sneak peek of Epic Discovery on Friday, June 24. III. PROPOSED NEXT STEPS ✓ Share "events calendars" with SMA staff and identify which existing events in each location might be used for future exchanges in 2017. ✓ Target programming opportunities (cultural, music, art, education, literary, environmental) to implement in 2017 with budget estimates to be included in 2017 budget. ✓ Continue to explore appropriate partners to work with Town of Vail on the implementation of the Sisterhood Agreement and exchange programs, i.e. Vail Resorts, Inc., Vail Chamber and Business Association, Vail schools, arts community, Vail Restaurant Group, Vail Homeowners Association, and the literary community. ✓ Develop an operational model that can be used as a tool and applied to the planning efforts in implementing the Sisterhood Agreement which helps to outline the business context and programming purposes for those participating in the exchanges. IV. ACTIONS REQUESTED OF COUNCIL Staff requests Council review proposed next steps and direct staff on which items to pursue. ATTACHMENTS ✓ Business meeting agenda and notes from July 23, 2016 in Vail Town of Vail Page 3 July 19, 2016 - Page 64 of 116 TOWN OF VAIL' 4i O H. AYUNTAMIENTO 2015-2018 Town of Vail and San Miguel de Allende Business Meeting Sonnenalp Hotel Thursday, June 23, 2016 4:00 — 5:00 PM AGENDA: • Introductions — 10 Minutes • Town of Vail Recent Visit to San Miguel de Allende — 10 minutes • San Miguel de Allende Presentation — 20 minutes • Public Input — 10 minutes • Adjournment July 19, 2016 - Page 65 of 116 Town of Vail / City of San Miguel de Allende Business Meeting Date: Thursday, June 23, 2016, 4 pm Location: Sonnenalp Hotel -MEETING NOTES - I. Introduction & Attendees: Music Festivals Vail: Greg Moffet, Suzanne Silverthorn, Pilaseca exchange a "success" ; Kelli McDonald, Patty McKenny, Molly more of them Eppard, Mike Griffin, Greg Hall, Townsend (photographer) Education Exchanges ■ Internship exchanges for adults and San Miguel de Allende: Pavel Alejandro kids Hernandez Gomez, Teri Kavanagh, Zonia Torres, Gabby Chalela, Juan Ezcurdia Environmental Sustainability ■ Use TOV staff as a resource II. Recap of Vail trip to SMA ■ Mobility III. SMA Presentation Non Profit Organizations IV. Future Programming Topics OUTCOMES OF DISCUSSION: Suggested: 1. Program exchanges with existing Economy & Tourism events: ■ House exchanges Vail ■ Magazine promotions & exchanges Culinary: Taste of Vail (early April), ■ Marketing exchanges Gourmet on Gore (September) ■ Nature & Adventure Music: Hot Summer Nights (June - Use Epic Discovery as a model August) for SMA Art: ■ Develop TOV/SMA challenge Writing / Poetry: ■ Kid's Adventure Race San Miguel de Allende Arts & Culture Culinary: Music Festival (March), Day of ■ Gallery exchanges Dead Festival (October) / the Last ■ Understand permit requirements Supper Festival, Sabores SMA (July) across borders / Work w/ Mexican Music: Consulate Office in Denver Art: ■ Writer's Conference Writing / Poetry ■ SMA hosts a March writer's event 2. Create a template model to address ■ Residency programming and business points of programming scholarships exchanges. ■ Poetry Exchanges 3. Contact other partners or businesses that may want to participate in programming. Page 1 July 19, 2016 - Page 66 of 116 TOWN OF VAIP VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Update on Wildfire Mitigation Program PRESENTER(S): Paul Cada, Wildfire Mitigation Coordinator, Mark Novak Fire Chief ACTION REQUESTED OF COUNCIL: For discussion and direction from Council. BACKGROUND: Update on the Fire Adapted Vail initiative, review of the draft Vail Defensible Space Guide and discussion regarding future actions including clean up of Town Code regarding wildfire mitigation. ATTACHMENTS: Description Staff Memo -Wildfire Mitigation Update Fire -Resistant Landscaping Vail Evacuation Card Building and Residential Code Amendments Design Standard Amendment Mountain Pine Beetle and Wildfire Fuels Reduction Amendment July 19, 2016 - Page 67 of 116 TOWN OF Memorandum To: From: Date: Subject Town Council Mark Novak, Fire Chief; Paul Cada Wildfire Program Administrator July 19, 2016 Wildfire Mitigation Update Background In July of 2015 staff provided an update to Council on current wildfire mitigation strategies and initiatives. This update included a presentation on factors associated with home ignition during a wildfire. This presentation included new science that has identified ignition by flying embers as the most common cause of home ignitions during a wildfire. Staff also discussed the three components of the National Cohesive Strategy, which are: 1) create resilient landscapes, 2) providing adequate fire suppression and 3) developing fire adapted communities. A number of steps were identified as being necessary to implement the Fire Adapted Vail concept. The specific steps identified were: 1) Conduct defensible space/structural ignition assessments of all town owned properties and provide recommendations of actions the town can take to mitigate these hazards. 2) Encourage Town of Vail employees to have a defensible space/structural ignition assessment of their home. 3) Use a town owned facility as a demonstration project to visually demonstrate the implementation of ignition resistant building construction and good defensible space in an aesthetically pleasing manner. 4) Review Town code and development standards to identify any potential conflict with ignition resistant construction and sound defensible space standards. 5) Update the Mountain Pine Beetle abatement ordinance to reflect hazards created by other forest pathogens. 6) Develop strategies to improve citizen education including the absentee homeowners. a. Continue recent collaborative efforts with Vail Board of Realtors. b. Conduct street -side evaluations of homes, followed by an education outreach to the property owner with recommended mitigation activities. 7) Increase public education activities through traditional and social media. July 19, 2016 - Page 68 of 116 II. CURRENT SITUATION Based upon feedback received from Council, Staff has been engaged in a number of initiatives to promote the Fire Adapted Community concept. These initiatives fall into four categories. 1) Fuels reduction. a. At the time of this memo the wildland crew is completing a fuel break in the Buffehr creek area. This project will complete major fuels treatments in the area and substantially reduce hazards in one of the highest risk areas in the town. b. The wildland division is currently working with the Colorado Division of Parks and Wildlife to implement a fuels reduction project adjacent to homes on the State Wildlife Area west of the Intermountain area. This project will complement past and current fuels reduction projects on USFS lands and reduce critical vulnerabilities in the Intermountain area. c. The Town of Vail is funding a hand thin/pile burn project on USFS land adjacent in the Intermountain/West Vail area which is scheduled to begin late summer of 2016 2) Defensible Space a. Defensible space/home ignition evaluations are available on a voluntary basis along with tree removal permits. The department receives an average of 10 requests from property owners annually. a. In 2015 the wildland division in cooperation with the town Public Works Department conducted defensible space/ home ignition evaluations of all Town owned buildings. The group identified a number of recommendations for improvements to each structure. Public Works has already implemented a number of the recommendations from the evaluations. b. VFES is actively engaged with the Vail Board of Realtors, "ReaIFIRE" program. The ReaIFIRE program seeks to engage citizens on a voluntary basis to reduce wildfire hazards on their properties. The program is supported by Eagle County Government and the Eagle County fire agencies. c. The wildland crew provides free curbside chipping to help dispose of slash generated during the creation of defensible space. During the 2015 season the crew provided service to 40 different properties throughout the town and is on track to serve a similar number of properties in 2016. d. VFES and Community Development have evaluated the Town code and proposed changes to eliminate inconsistency between design standards and defensible space standards as well as changes to clarify other provisions related to defensible space and ignition resistant construction. These changes include: • Addition of technical details related to Class A roofing to the Residential and Building Codes. Included in this proposed amendment is clarification regarding repair and maintenance of existing wood shake roofs. Technical provisions regarding Class A Town of Vail Page 2 July 19, 2016 - Page 69 of 116 roofing would be concurrently removed from the design code (14- 10-5). These changes were reviewed and approved by the Board of Appeals. Modification of the Mountain Pine Beetle and Wildfire Fuels Reduction Code to include all diseased trees, clarification regarding the definition of wildfire fuels, and re -assignment of primary responsibility for this code from Public Works to the Fire Department. These changes were presented to the Planning and Environmental Commission for discussion and input. 3) Public Education a. VFES has developed a Vail specific fire resistant landscaping guide. The guide provides information on best practices for the design, installation and maintenance of landscaping with regards to plant health and wildfire safety. b. VFES along with Vail PD have updated public education materials related to evacuation. A new evacuation handout is currently available and a more comprehensive evacuation guide is being developed for distribution in 2016. c. VFES and Vail PD will be conducting an evacuation drill on August 9, 2016. The evacuation drill will involve PD officers conducting a mock evacuation in the Matterhorn area. The drill is designed to practice the town's evacuation plan as well as provide public education to community members. d. Paul Cada, Wildfire Program Administrator was recently interviewed by a number of local media outlets including the 8150 Report and the Vail Daily. Interviews focused on wildfire safety and defensible space. 4) Fire Suppression a. The seasonal wildland crew is staffed mid-May through October. The crew provides supplemental staffing to the department during the time when wildfire is most likely. b. The department has drafted a wildland fire pre -incident plan which gives responders ready access to critical information in an easy to use format. The pre -plan information will be available for both local responders, as well as responders from outside the area. c. VFES and Vail Communications Center have worked together to create pre - designated evacuation zones. The pre -designated zones will help expedite evacuation messaging in the event of a wildfire. The past year has been marked by significant advancements in wildfire mitigation, allowing Vail to become a more fire adapted community. While these achievements are notable, there are a number of important initiatives that need to be advanced to further reduce the risk of catastrophic wildfire and associated losses to the community. These steps include: 1) Print and distribute the Town of Vail specific Fire Resistant Landscaping Guide 2) Continue implementation of defensible space/ home ignition recommendations on Town owned properties. Town of Vail Page 3 July 19, 2016 - Page 70 of 116 3) Complete ignition resistant construction and defensible space demonstration project in association with the East Vail Fire station renovation. Additional opportunities exist for demonstration projects on other Town owned properties. 4) Continue to work with Community Development and the Design Review Board on amendments to design code (14-10-8) regarding landscaping requirements. 5) Update community risk assessment data and conduct town wide defensible space/home ignition evaluations starting in 2017. 6) Implement helicopter logging portion of the Intermountain Fuels Reduction Project in 2017. III. REQUESTED ACTION 1) Provide feedback on the Fire Resistant Landscaping Guide 2) Direct staff to advance proposed code changes regarding Residential IRC and Building Code (14-10-5 and 10-1-3) 3) Direct staff to advance proposed code changes regarding diseased trees and wildfire fuels abatement ordinance (5-11) IV. Attachments 1) Wildfire Mitigation Update Presentation 2) Fire Resistant Landscape Guide 3) Evacuation Postcard 4) Proposed amendments to the Building Code (10-1-2, 10-1-3). 5) Proposed changes to the Design Standards (14-10-5) 6) Proposed changes to the Mountain Pine Beetle and Wildfire Fuels Reduction Ordinance (5-11) Town of Vail Page 4 July 19, 2016 - Page 71 of 116 FIRE-RESISTANT LANDSCAPING A "how to" guide for protecting your home FIRE-RESISTANT LANDSCAPING Vail is located in an ecosystem that has adapted to infrequent but severe wildfires. The wonderful views and abundant forests that brought us all to the valley can also be a major threat to our safety and property. Because embers are the leading cause of home ignition during wildfires, all areas of the community are at risk. Residents and property owners can take some simple but effective mitigation steps to ensure that their homes have a greater chance of surviving a wildfire. During a wildfire everything on your property — landscaping, cars and the home itself — has the potential to become fuel for the fire. Fire-resistant landscaping is one step property owners can take to decrease these hazards. A home's defensible space zone starts at the foundation wall and extends out to the property line. If grasses, brush, trees and other common forest fuels are removed, reduced or modified to lessen a fire's intensity and keep fire away from the home, the probability that the home will survive a wildfire is increased. During a wildfire, a home with little or no defensible space may be hard to defend. Firefighters may be forced to choose defending other homes that have better defensible space. a. L t4 -T T 2 vailgov.com/fire 1 970.479.2250-, , FJ"u ly 19, 2016 - Page 73 of 116 Other considerations: • Plants nearest to your home should be widely spaced with lower heights than those farther away. • Plant in small, irregular clusters or islands. Avoid planting in large masses. • Use decorative rock, gravel and stepping stone pathways to break up the continuity of vegetation and fuels. This can slow the spread of fire across your property. • Incorporate a diversity of plant types and species to minimize loss from pests and disease. • In the event of drought and water rationing, focus on maintaining plants closest to your house. • Use organic or inorganic mulches to conserve moisture and reduce weed growth. Do not use pine bark, thick layers of pine needles or other mulches that readily carry fire. Avoid large continuous mulched areas. Be creative! Vary your landscape by including bulbs, garden art and containers foradded color. F. IL . J .' -r • i �r 6 2 vailgov.com/fire 1 970.479.2250-, , FJ"u ly 19, 2016 - Page 73 of 116 Other considerations: • Plants nearest to your home should be widely spaced with lower heights than those farther away. • Plant in small, irregular clusters or islands. Avoid planting in large masses. • Use decorative rock, gravel and stepping stone pathways to break up the continuity of vegetation and fuels. This can slow the spread of fire across your property. • Incorporate a diversity of plant types and species to minimize loss from pests and disease. • In the event of drought and water rationing, focus on maintaining plants closest to your house. • Use organic or inorganic mulches to conserve moisture and reduce weed growth. Do not use pine bark, thick layers of pine needles or other mulches that readily carry fire. Avoid large continuous mulched areas. Be creative! Vary your landscape by including bulbs, garden art and containers foradded color. NON-COMBUSTIBLE LANDSCAPE ZONE The first 5 feet outward from a foundation wall or deck is one of the most critical parts of your landscaping for home survivability. • Keep this area free of flammable materials and vegetation. • Use walkways, stone or concrete patios and landscape stone laid over weed barrier. • Well irrigated and maintained grass can be used in this area but is less desirable. 9 syr •i��1!i�11�Li IS IM I .!W'.-.� .-!. I+s1• _R.� a .._,oi. f' - ._fc� M.91" i Forested property surrounding a homesite shows optimum placement of vegetation near the structure. A. Mow grass short around shrubs B. The best tree species to plant generally are those naturally occurring on or near the site. C. Plant low -growing, deciduous shrubs near structures. D. Keep grass mowed around structure to a maximum of 4 inches. E. Plant wildflowers away from the structure, ensure they are well - irrigated and cut back during the dormant season. F. Gravel area or short mowed grass next to the structure. •w� 04 vailgov.com/fire 1 970.479.2250 05 July 19, 2016 - Page 74 of 116 MULCH Mulch helps control erosion, conserve moisture and reduce weed growth. Inorganic non-combustible mulch, such as gravel, rock and decomposed granite is preferable for reducing wildfire hazards and will remain more effective if it is laid over a weed barrier. When using organic mulches, such as compost, leaf mold compost, bark chips or shredded leaves, use just enough to reduce weed and grass growth. Avoid thick layers. When exposed to fire, they tend to smolder and are difficult to extinguish. Choose organic mulches that have a larger chip size such as screened wood chips or dense finely ground materials such as the garden compost with incorporated woody material. Avoid using needles from your native pines or conifers. Rake, gather and dispose of them often within your defensible space. Avoid the use of mulches such as shredded tires within 30 feet of your home. These mulches once ignited are very difficult to extinguish and give off toxic fumes. GRASSES Maintenance of the grassy areas around your home is critical. Given Vail's extremely variable weather, wildfires can occur any time snow does not cover the ground. Tall grass will quickly carry fire to your house. Mow grasses within 30 feet of your home. • Keep grasses short closest to the house and gradually increase height outward from the house, to a maximum of 4 inches. This is particularly important during fall, winter and before green -up in early spring, when grasses are dry, dormant and in a "cured" condition. Mow grasses low around the garage, decks, firewood piles, shrubs and specimen trees with low -growing branches. GROUND COVER PLANTS Replace bare, weedy or unsightly patches near your home with ground covers, rock gardens, vegetable gardens and mulches. • Ground cover plants break up the monotony of grass and enhance the beauty of your landscape. They provide a variety of textures and color and help reduce soil erosion. • Consider ground cover plants for areas where access for mowing or other maintenance is difficult, on steep slopes and on hot, dry exposures. • Ground cover plants are usually low growing. They are succulent or have other fire resistant characteristics that make them useful, functional and attractive. When planted in beds surrounded by walkways and paths, in raised beds or as part of a rock garden, they decrease fire spread. • The ideal groundcover plant is one which will spread, forming a dense mat of roots and foliage that reduces soil erosion and excludes weeds. WILDFLOWERS • Wildflowers bring variety to a landscape and provide color from May until frost. Plant wildflowers in widely separated beds within the defensible space zone but away from structures. • Isolate wildflower beds from each other and from other fuels by using gravel walkways, rock retaining walls or irrigated grass areas mowed to a low height. . . ti.`': . 06 vailgovxom/fire 1 970.479.2250 07 July 19, 2016 - Page 75 of 116 SHRUBS • Shrubs lend color and variety to the landscape and provide cover and food for wildlife. However, shrubs can add to a property's fuel source by producing flying embers, the leading cause of home ignition during wildfires. Shrubs are a "ladder fuel" — they can carry a relatively easy -to -control fire burning along the ground into tree crowns. Once a wildfire starts to burn into the crowns of the trees, they are difficult, sometimes impossible, to control. • To reduce the fire -spreading potential of shrubs, plant only widely separated low - growing, non -resinous shrubs around the property. • Do not plant shrubs directly beneath windows or vents or where they might spread under wooden decks. • Do not plant shrubs under tree crowns or use them to screen utilities, firewood piles or other flammable materials. • Plant shrubs as individuals or in small clumps apart from each other and away from any trees. Mow grasses low around shrubs. Prune dead or broken stems and remove dead material from shrubs annually. Remove the lower branches and suckers as the shrubs mature. 08 vailgovxom/fire 1 970.479.2250 TREES Trees provide a large amount of available fuel for a fire and can be a significant source of embers if they do burn. • Heat from burning trees can ignite nearby shrubs, trees and structures. • The best species to plant generally are those already growing on or near the property. If your property receives enough moisture, plant deciduous trees such as aspen or narrow -leaf cottonwood. These species, even when planted in dense clumps, generally do not burn well, if at all. Remove accumulations of dead leaves close to structures as soon as possible after leaf drop. • If evergreen trees are desired or required take care in properly locating the trees. Do not plant evergreen trees near structures. Leave plenty of room between trees to allow for their growth. Spacing of trees within the defensible July 19, 2016 - Page 76 of 116 space should be at least 10 feet between the edges of crowns. On steep ground, allow even more space between crowns. Plant smaller trees initially on a 20- to 25 -foot spacing to allow for tree growth. At some point, you will have to thin yourtrees to retain proper spacing. • As the trees grow, prune branches to a height of 10 feet above the ground. Do not overprune the crowns. A good rule of thumb is to remove no more than one-third of the live crown of the tree when pruning. Prune existing trees as well as ones you planted. • Some trees (for example, Colorado blue spruce) tend to keep a full crown. Other trees grown in the open may also exhibit a full growth habit. Limit the number of trees of this type within the defensible space. Prune surround- ing trees and shrubs as described above and mow grasses around such specimen trees. 6 MAINTENANCE A landscape is a dynamic system that constantly grows and changes. Keep your landscape maintained year-round to retain their fire-resistant properties. • Always keep a watchful eye towards reducing the fuel volumes available to fire. Be aware of how quickly plants grow within your landscape and of the changes that occur throughout the seasons. • Remove annuals and cut back perennials after they have gone to seed or when the stems become overly dry. • Rake up leaves and other litter as it builds up through the season. • Mow or trim grasses to a low height within your defensible space. This is particularly important as grasses cure. • Remove plant parts damaged by snow, wind, frost or other agents. • Timely pruning is critical. Pruning not only reduces fuel volumes but also maintains healthier plants by producing more vigorous, succulent growth. • Landscape maintenance is a critical part of your home's defense system. Even the best defensible space can be compromised through lack of maintenance. is PROPERTY SELF ASSESSMENT After reviewing this guide take a few minutes to do an assessment of your own proeprty. This self assessment might help you to identifty some risk factors that are present around your home. Wildfire mitigation is an ongoing process and there is something that everyone can do to make the community a safer place. Vail Fire and Emergency Services is avilable year-round to assist you with any questions or concerns. Conatct the Wildland Division at 970.477.3475. INFORMATIONAL General Slope ofArea Homes position on slope or proximity to features that adversely affect wildfire behavior 0-9% 10-20% 21-30% 31-41% >40% .z Bottom 1/3 of slope Middle 1/3 of slope Top 1/3 of slope, ridge top, addle or adjacent to steep canyon or box canyon Separation of structures that can 30 feet or greater ■ 20-29 feet contribute to fire spread/ behavior Architectural styles that contributemplex roof designs Interior corners/ to home ignition roof dormers BUILT ZONE - The structure itself Guideline Less than 20 feet Large overhangs YES NO Branches removed from within 10 feet of the structure Non-combustible roof materials present Leaves, needles and other flammable materials removed from gutter and roof Non-combustible siding material present on 75% or more of the structure Leaves, needles and other flammable materials removed from on top and beneath decks, steps and overhangs Deck built with ignition resistant materials No plants, leaves, needles and other flammable material within 5 feet of structure Absence of combustible attachments (i.e. fences, window boxes, accessory buildings) Spark arrestor on chimneys 4" or larger address displayed where it is visible from the road 12 vailgov.com/fire 1 970.479.2250 LEAN, CLEAR AND GREEN ZONE - Within 5 feet of structure Guideline YES NO IVV Branches removed from within 10 feet of the structure Grass mowed to 4 inches or less in height Leaves, needles and other flammable materials removed from gutter and roof Trees thinned to spacing guidelines on back Leaves, needles and other flammable materials removed from on top and beneath decks, steps and overhangs Shrubs thinned to spacing guidelines on back No plants, leaves, needles and other flammable material within 5 feet of structure WILDLAND FUEL REDUCTION ZONE - Within 100 feet of the structure Guideline ICJ IVV Grass mowed to 4 inches or less in height Trees thinned to spacing guidelines on back Shrubs thinned to spacing guidelines on back Flammable brush removed from beneath trees Trees limbed to a minimum of 6 feet above ground (10 feet desired, do not limb more than 1/3 of the total height of the tree) Dead or dying material removed from the lower 10 feet of all trees and bushes ACTIONS TO BE TAKEN TO MAKE YOUR HOME SAFER July 19, 2016 - Page 78 of 116 13 WAYS WILDFIRE WILL THREATEN YOUR RESIDENCE Vail Fire and Emergency Services has provided this guide as a reference for community members to understand wildfire risks and ways to reduce that risk. Following these recommendations will help your home survive in the event of a wildland fire. For more information refer to the vailgov.com/departments/ fire/wildland. Wildfire will threaten your property in three ways: Contact by Flames This type of threat occurs when vegetation and other fuels burning near the house produce flames that come in contact with the home and ignite it. Often it happens when fire burns through a uniform layer of vegetation right up to the house. It is important to reduce wildland vegetation on the property to reduce this threat. Radiated Heat Radiated heat is produced by electromagnetic waves that travel out in all directions from a flame. When a house receives enough radiated heat for a sufficient amount of time, it will ignite. Sometimes radiated heat can burst windows and allow burning embers to enter the house. It is important to construct homes with fire-resistant materials to reduce this threat. Flying Embers More houses burn due to flying embers than any other reason. If fire conditions are right, embers can be lofted high into the air and transported more than a mile. Burning embers can also be carried by wind and fire whirls. If these burning embers land in easily ignitable materials, a new fire can start. Wood shake roofs are especially vulnerable to ember ignition. It is important to remove flammable materials on and near homes such as pine needles, wood piles and shrubs to reduce this threat. SHRUB SPACING GUIDELINES 0-5 feet from the structure There should be no combustible vegetation in this zone. Water -dependent and irrigated vegetation is acceptable if kept free of dead needles, leaves and debris. 5-30 feet from structure Vegetation in this zone should be limited to single, well -spaced specimen plants. No dead vegetation should exist in this zone. If you decide to allow some flammable brush to remain such as juniper bushes, they must be thinned and maintained to the extent that it cannot transfer fire to the structure or other vegetation. These specimen plants should not be left under the drip line of any overstory trees in this zone. Beyond 30 feet from the structure Flammable brush in this area should be removed from under the drip line of any trees. A good rule of thumb for thinning brush in open areas is to create a distance between shrubs of twice the height. For example, if a shrub is 3 feet high then the distance to the next shrub should be at least 6 feet. This spacing should increase as slope of the lot increases. Tree Spacing Guidelines 0-5 feet from the structure No trees or branches should be within this zone. Trees and branches should not touch or overhang the structure. If trees must be kept in this zone they should be limbed up a minimum of 10 feet and be free of dead limbs, needles and leaves. 5-30 feet from structure Afew Individual well spaced trees can be kept in this zone. All trees in this zone should be limbed to a height of 10 feet, but never prune branches on more than 1/3 the total height of the tree. 30-100 feet from the structure Trees in this zone should be well spaced and maintained. Trees should be spaced an average of 10 feet from drip line to drip line of the trees. Small clumps of trees can be left if desirable. Treat each clump as if it were a single tree and create spacing between the clumps. All dead and diseased trees in this zone should be removed. A free permit is required for the limbing and removal of all trees in the Townof Vail limits. Permits can be obtained from the Community Development Department at 75 South Frontage Rd West or 970.479.2138. 14 vailgov.com/fire 1 970.479.2250 Some content courtesy of CSU Extension 15 July 19, 2016 - Page 79 of 116 - -_-.................flll�................... ��r ................. �'. '2 , .iEi +IIIIIndIImllr 75 South Frontage Road Vail, Colorado 81657 970.479.2250 1 vailgov.com/fire TOWN OF VA NAVE AN EVACUATION PLAN • ASSISTANCE: If you would need assistance during an evacuation, call 970.479.2200. • KNOW WHAT TO TAKE: Decide in advance what's important enough to take with you when evacuating. Know where those items are. Items may include prescription drugs, glasses, important documents, pet supplies, child's favorite toy, etc. Go to ready.gov for a full list of suggestions. • RECEIVE ALERTS: Sign up to receive emergency alerts at ecalert.org and know before an emergency reaches you. • WHITE OBJECT: Find a white object to display outside or in your window (see below). • BEFORE EVACUATING: Leave a porch light on and/or a white object displayed outside or in your window. This will notify emergency personnel that you have evacuated. • TAKE YOUR MOST IMPORTANT ITEMS: Take only the important items you planned out in advance (above). • PETS: When evacuating, keep your pet on a leash orin a crate. • EVACUATION OPTIONS: Vehicle - Drive to frontage roads, then to 1-70. Walking or taking bus - Go to nearest bus stop, bus will take you to a check-in location. EMERGENCY NOTIFICATION • TO REPORT AN EMERGENCY: Call 911 • EMAIL AND TEXT ALERTS: Sign up at ecalert.org • INFORMATION HOTLINE: Call 970.479.2226 • ADDITIONAL INFORMATION: vailgov.com/evac QUESTIONS You can contact the Vail Fire Department 24/7 with questions: 970.479.2250 1 vailgov.com/fire .Z' P 0I 't -1w tt, 970.479.2250 1 vailgov.com/fire ((:K TOWN OF VAIL Fire & Emergency Services 970.479.2100 1 vailgov.com 10-1-3: AMENDMENTS TO BUILDING CODE. It 0 The following amendments are hereby made to the international building code, 2012 edition: Section 10 1. 1 - Title: Title is amended as follows: These regulations shall be known as the building code of the town of Vail, hereinafter referred to as "this code." Section 101.4 - Referenced Codes: Section 101.4, Referenced Codes, is hereby amended to read as follows: The other codes listed in 101.4.1 through 101.4.7 and referenced elsewhere in this code shall not be considered part of this code. Section 105. 1.1 - Annual Permit: Delete section in its entirety. Section 105.2 - Work Exempt From Permit: Section 105.2, Work Exempt From Permit, is hereby amended as follows: Item 2: Fences not over 6 feet. Note: Fences required per IBC section 3109 are not exempt from a permit. Section 1503.7 - Snowguards/Retention: With the addition of this new section to read as follows; The design of snow retention devices/snow guards shall be designed by a licensed engineer or as determined by the building official. Section 1505.1- General: Delete the last sentence referring to minimum roof coverings in its entirety and shall be replaced with the following text: Roof coverings and roof assemblies shall be class A roof coverings or class A roof assemblies for all structures. Wood shingles and shake coverings or assemblies are prohibited except where exempted for replacement or repair as defined below. Where the roof profile allows space between the roof covering and the roof decking, the spaces shall be constructed to prevent intrusion of flames and embers. Replacement or repair: Each structure will be allowed one (1) replacement or- repair of twenty five percent (25%) or less of the roof area of a single structure. Replacement or repair -greater than twenty five percent (25%) or a second repair and maintenance of the roof shall trigger compliance. For the purposes of this Section, a two-family dwelling shall be considered one structure. Emergency repairs of less than 10 square feet shall not be considered toward the 25% threshold. July 19, 2016 - Page 83 of 116 Section 1505.6 - Fire Retardant Treated Wood Shingles And Shakes: This section is deleted in its entirety and shall be replaced with the following text: Wood shingles and shake coverings or assemblies are prohibited except where exempted for replacement or repair per section 1505.1. Section 1510.4 - Roof Covering: This section is amended to read as follows: Existing wood shingles or wood shakes shall be removed prior to installation of a new roof covering. Section 1510.7 - Snow Retention: With the addition of this new section to read as follows: Roofs shall be designed to prevent accumulations of snow from shedding onto exterior balconies, decks, pedestrian and vehicular exits from buildings, stairways, sidewalks, streets, alleys, areas directly above or in front of gas and electrical utility meters, or adjacent properties. The design of snow retention devices shall be provided by a licensed structural engineer or as determined by the building official. Exception: Roof areas with a horizontal dimension of no more than 48 inches that will not receive snow shedding from a higher roof. The horizontal projection shall be measured perpendicular to the exterior wall line from the edge of the roof or eave to any intersecting vertical surface. Section 1603.2 - Boulder Walls: With the addition of this new section to read as follows: Boulder or rock walls more than four feet tall shall be designed by a licensed engineer. Section 1604. 1.1 - Hazard Area Requirements: With the addition of this new section to read as follows: All new construction and additions to existing structures located in mapped debris flow, rock fall, avalanche and flood hazards shall be designed as required by chapter 12-21, Hazard Regulations. Section 1608.2 - Ground Snow Loads: This section is to be deleted in its entirety and shall be replaced with the following text: Designs for roof snow loads shall be as follows: Roof pitches of less than 4:12 shall be designed to carry a one hundred (100) pound per square foot snow load and roof pitches of 4:12 and greater shall be designed to carry an eighty (80) pound per square foot snow load. There is no allowance for pitch reduction nor is there a requirement to increase loading due to wind, valleys, snow drifting or type of roof covering. Any modification for snow load design shall be accomplished using section 1604.1. Section 1608.2.1 - Alternative Roof Systems: With the addition of this new section to read as follows: Alternative roof systems shall be designed to carry a roof snow load resulting from a ground snow load of one hundred forty five (145) pound per square foot. All provisions of section 1608 shall apply to the analysis of the roof structure except for reductions for unobstructed slippery surfaces. A licensed engineer shall be responsible for determining increased localized snow loading due to architectural building features. Section 1803.2.1 - Soils Report: With the addition of this new section to read as follows: Site specific soils and foundation investigation reports shall be prepared by a registered soils engineer for the completion of construction documents. Assumption and open -hole investigations are allowed for additions to an existing building of less than two thousand (2,000) square feet of floor area. July 19, 2016 - Page 84 of 116 Section 2406.4.5 - Glazing And Wet Surfaces: Exception amended to read as follows: Exception: Glazing that is more than sixty (60) inches (1524 mm) measured horizontally and in a straight line from the water's edge of a bathtub, shower, hot tub, spa, whirlpool or swimming pool. Table 2902.1 - Minimum Number Of Required Plumbing Fixtures: This table is amended to read as follows: 1. Footnote f is amended as follows: Drinking fountains are not required for an occupant load of 100 or less, or in A-2, B, M occupancies regardless of occupant load. 2. Footnote g is hereby added to read: Service sinks are recommended, but not required in B or M occupancies with an occupant load of 50 or less if a lavatory is provided. Section 2902.2 - Separate Facilities: Exception 2 and 3 of this section are amended to read as follows: Exception 2: Separate facilities shall not be required in structures or tenant spaces with a total occupant load including both employees and customers of 30 or less. Exception 3: Separate facilities shall not be required in mercantile occupancies in which the maximum occupant load is 100 or less. (Ord. 12(2012) § 1) July 19, 2016 - Page 85 of 116 14-10-5: BUILDING MATERIALS AND DESIGN:O The Town of Vail is situated within the wildland urban interface where community values intersect with the potential consequences of wildland fires. Wildland fires both big and small have the potential to destroy homes and neighborhoods within the town. The architecture and chosen materials of a building greatly affect the survivability of that structure in the face of a wildfire. The use of Class A roof coverings and ignition resistant building materials decrease the hazards to the individual structure as well as the surrounding homes. A. The use of ignition resistant building materials and designs intended to prevent the spread of fire are highly encouraged. Vail Fire and Emergency Services is available to proved more information on the use of ignition resistant materials and designs. Predominantly natural building materials shall be used within the town of Vail. The exterior use of wood, wood siding, native stone, brick, concrete, stucco, and EIFS may be permitted. Concrete surfaces, when permitted, shall be treated with texture and color; however, exposed aggregate is more acceptable than raw concrete. The exterior use of the following siding materials shall be prohibited: stucco or EIFS with gross textures or surface features that appear to imitate other materials, simulated stone, simulated brick, plastic and vinyl. The exterior use of any building material, including those not specifically identified by this section, shall only be permitted, unless otherwise prohibited by this code, where the design review board finds: 1. That the proposed material is satisfactory in general appearance, quality over time, architectural style, design, color, and texture; and 2. That the use of the proposed material complies with the intent of the provisions of this code; and 3. That the use of the proposed material is compatible with the structure, site, surrounding structures, and overall character of the town of Vail; and 4. That the material is noncombustible or aids in the prevention of fires. B. The same or similar building materials and colors shall be used on main structures and any accessory structures upon the site. C. Exterior wall colors should be compatible with the site and surrounding buildings. Natural colors (earth tones found within the Vail area) should be utilized. Primary colors or other bright colors should be used only as accents and then sparingly such as upon trim or railings. All exterior wall materials must be continued down to finished grade thereby eliminating unfinished foundation walls. All exposed metal flashing, trim, flues, and rooftop mechanical equipment shall be anodized, painted or capable of weathering so as to be nonreflective. D. The majority of roof forms within Vail are gable roofs with a pitch of at least four feet (4') in twelve feet (12'). However, other roof forms are allowed. Consideration of environmental and climatic determinants such as snow shedding, drainage, fire safety and solar exposure should be integral to the roof design. July 19, 2016 - Page 86 of 116 E. Rooflines should be designed so as not to deposit snow on parking areas, trash storage areas, stairways, decks and balconies, or entryways. Secondary roofs, snow clips, and snow guards should be utilized to protect these areas from roof snow shedding if necessary. F. All structures shall have class A roof assemblies or shall have class A roof covering materials, as defined by the adopted building code. The use of concrete tile, slate, metal, asphalt shingle, fiberglass shingle, and built up tar and gravel roofing may be permitted. Metal roofing, when permitted, shall not reflect direct sunlight onto an adjacent property and shall be surfaced with a low gloss finish or be capable of weathering to a dull finish. Metal roofing, when permitted, shall be of a heavy gauge and designed to provide visual relief to the roof surface (including, but not limited to, a standing seam). Asphalt and fibeFglass shiRg'86, wh8R peFFnitted, shall weigh RE) less thaR thFee The use of wood shake, wood shingles and rolled roofing shall not be permitted. Two-family and multi -family dwellings shall be required to have uniform roof covering materials, except when the design review board determines that the materials are compatible, are integral to the architectural style of the structure and different materials do not share any ridges or planes, but may share a valley. 1. Nonconforming Structures: All structures that do not have a class A roof assembly or class A roof covering material, or structures with wood shake or wood shingles shall e GOMplianGereplace the roof covering as follows: 0 9a.. Additions: All additions affecting roof area shall trigger compliance of the roof structure of a single-family dwelling, a side of a two-family dwelling, or the entire multiple -family dwelling, except for a onetime exemption of up to five hundred (500) square feet of GRFA, occurring after February 6, 2007, where any addition of roof area does not share a plane or ridge with the nonconforming roof, and may only share a valley. The additional roof area shall conform to roofing regulations, and shall be deemed compatible by the design review board. Gb.. Two -Family Structures: Upon reroofing one side of a two-family dwelling, the other side f shall be required to be reroofed if the two (2) sides have roof systems that share ridges or planes. Different materials on each side of the two-family dwelling may be permitted by the design review board if the materials are deemed compatible, integral to the architectural style of the structure and share a valley or do not intersect. July 19, 2016 - Page 87 of 116 Chapter 11 ABATEMENT OF Mm WT n W PINE BEETLE -DISEASED TREES AND; WILDFIRE FUELS REDUCTION It 0 5-11-1: DEFINITIONS: 5-11-2: DUTIES OF LANDOWNER AND OCCUPANT TO PERMIT INSPECTION: 5-11-3: INSPECTION FOR MOUNTAIN PINE BEETLE AND WILDFIRE FUELS: 5-11-4: NOTICE OF VIOLATION: 5-11-5: ABATEMENT ORDER: 5-11-6: PERMIT FOR REMOVAL OF BEETLE INFESTED TREES AND WILDFIRE FUELS: 5-11-7: UNLAWFUL ACTS: 5-11-8: VIOLATION: PENALTY: introdn cti on Diseased trees and accumulations of wildland fuels represent a hazard to the community if left unmitigated. Vail Fire and Emergency Services has primary responsibility for the abatement of diseased trees and/or wildland fuels. 5-11-1: DEFINITIONS: 0 For purpose of this chapter, the following words shall have the following meanings, unless the context clearly requires otherwise: BEETLE E r'` FESTEDDISEASED TREE: A tree, alive or dead, which is or has been infested/ infected with any insect or disease identified in the most recent version of the "Field Guide to Diseases and insects of the Rocky Mountain Re ig on" „de e) DIRECTOR: The town of Vail Fire Chief or his designee dire ter- of'Public works, f his designee. OCCUPANT: Any per -son in physieal possession of any let, tfaet er- par -eel of real pr-epeft Ioe-ated. -within the t,,.z,,, of Vail lifn is who ; of the ow-ne of-- sue r pel4 , For- the pufpeses ef this ehapter-, "eeeepa-nt" does not inefttde the evffier- of an easement er- right ef way aer-ess pr-epei4y. OWNER OR LANDOWNER: Any person who owns any lot, tract or parcel of real property located within the corporate limits of the town of Vail. PROPERTY: Any lot, tract or parcel of real property located within the corporate limits of the town of Vail. July 19, 2016 - Page 88 of 116 WILDFIRE FUELS: Vegetation such as trees, shrubs, forbs or grasses and other materials such as firewood, construction material or debris surrounding a structure, which represent an imminent threat to life or property during a wildland fire as determined by Vail Fire and Emergency Services irrrtr�:��e!�fr�sre!�ee!n:I"M 5-11-2: DUTIES OF LANDOWNER AND OCCUPANT TO PERMIT INSPECTION: It 0 An owner or- eEeupant whose property contains one or more beetle infested tfeesdiseased tree or any firewildfire fuels shall allow the director to enter such property for the purpose of immediate inspection of the trees located upon such property when at least one of the following events has occurred: A. The owner or- eeeupan4 has requested the inspection; or B. A neighboring landowner Chas reported a sttspeeted beetle infested -diseased tree or other wildfire fuels and requested an inspection; or C. The director has made a visual observation from a public right of way or area and has reason to believe that beetle infest diseased trees or other wildfire fuels exist on the property of the owner. (Ord. 23(2007) § 2) 5-11-3: INSPECTION FOR N40 NT n IN PINE BEET EDISEASED TREES AND WILDFIRE FUELS: It 0 A. Subject to the requirements and limitations of this chapter, the director shall have the right to enter upon any property, whether public or private, during reasonable hours for the purpose of inspecting for the existence of a beetle infest diseased tree or any other wildfire fuels when at least one of the three (3) events described in section 5-4-011-2 of this chapter has occurred. However, no agent or employee of the town shall enter upon any property to inspect for a beetle infesteddiseased tree or other wildfire fuels without the permission of the owner, or without an inspection warrant issued pursuant to this chapter. July 19, 2016 - Page 89 of 116 B. If verbal permission to inspect the property from the uf€eeted-owner or eeeepant is not obtained, the town shall send written notice to the landowner and any ,,,.,.upanl of the property advising that the director desires to inspect the property for a beetle infest diseased tree and/or other wildfire fuels. The notice shall be sent by certified mail. The notice may be sent to the landowner at the address to which tax notices are sent according to the records of the Eagle County treasurer, and to the , ,,,. ,r* �* 'he property address._ Alternatively, the director may personally serve such notice upon the affected owner or eeetipant. Where possible, inspections shall be scheduled and conducted with the concurrence of the owner or eek. C. If permission to enter upon and inspect the property is not obtained within ten (10) days after the notice described in subsection B of this section has been received, or within ten (10) days of the date of service if the notice was personally served, the director may request that an inspection warrant be issued by the municipal court. The municipal court judge shall issue an inspection warrant upon presentation by the director of an affidavit satisfying the requirements of rule 241(b)(2) of the Colorado municipal court rules of procedure. D. In the case of an emergency involving imminent danger to the public health, safety or welfare, the director may enter upon any property to conduct an emergency inspection without a warrant and without complying with the requirements of this section. (Ord. 23(2007) § 2) 5-11-4: NOTICE OF VIOLATION:" A. If the director determines that the property contains one or more beetle infest diseased trees and/or ether -wildfire fuels, the director shall notice the owner Such notice shall be given either by certified mail or personal delivery. B. The notice shall: 1. Advise the owner that the property contains one or more diseased trees infested with mountain pine beetle andlof ethe and/or wildfire fuels; 2. A&ise the owner and4or the eeetipant ef townDescribe approved methods for the removal Of deet u etio "B'rit's inf steaof diseased trees and/orother-4rewildfire fuels; and 3. AdviseRequire the owner and/or the e ** that all diseased trees infested with mountain pine beetle -and/or ether -wildfire fitmusels be removed within a.,.,;,,im-11 A -f thirty (30) days following receipt of the notice, or that an acceptable plan and schedule for removal of the beetle July 19, 2016 - Page 90 of 116 infesteddiseased trees and/or -oder wildfire fuels must be submitted to the director within such thirty (30) day period. C. If the owner or- eeeupan4 disputes that the property contains one or more beetle infeste trees and/or ether -wildfire fuels as dote -,nine.? by the direeto , the owner Of eeetipant shall notify the director of such dispute within thirty (30) days of receipt of the direeter'Tnotice of violation. If a timely notice of dispute is given, the town shall not file an application for an abatement order until the director has met with the disputing party in an effort to resolve the dispute. If the director meets with disputing party and is unable to resolve the dispute, the tewnTown may file an application for an abatement order pursuant to section 5-11-5 of this chapter. (Ord. 23(2007) § 2) 5-11-5: ABATEMENT ORDER: C 0 A. In the event the owner and e-eeeepant fails to comply with the director's notice as described in section 5-11-4 of this chapter by removing the beetle infest diseased trees and/or ether wildfire fuels or by submitting an acceptable schedule for such removal within the applicable thirty (30) day period, the town has the authority to provide for and to complete the removal by obtaining and acting on an abatement order. B. Upon the expiration of the notice period, or at any time thereafter if the required action has not taken place, the town may apply to the municipal court for an abatement order. C. An application for an abatement order shall be accompanied by an affidavit affirming that: 1. The director has determined that the subject property has one or more beetle in f ste diseased trees or-etker wildfire fuels; 2. The director has complied with the notice requirements of section 5-11-4 of this chapter; and 3. The owner or- eeeupan4 has failed to either remove the beetle infest diseased trees and/or ether wildfire fuels, or has failed to submit an acceptable plan and schedule such removal within the required time. D. The town shall give notice to the owner and any ,,, eup ,,,* of the property of its application for an abatement order either by certified mail or by personal service of the notice. The notice of application for an abatement order shall include a copy of the town's application and its affidavit July 19, 2016 - Page 91 of 116 in support thereof, as well as the date, time, and place at which the town will appear before the municipal court to request entry of the abatement order. E. At the stated time, date and place, the municipal court judge shall review the town's application for an abatement order, the affidavit, any statement of the town offered in support thereof, as well as any statement and evidence presented by the owner, if present. F. The municipal court judge is authorized to enter an order permitting the town to enter upon the subject property, remove beetle in f ste the diseased trees and/or -other wildfire fuels and to recover its costs as provided in subsection I of this section, if the municipal court judge finds that: 1. The subject property has one or more beetle infest diseased trees and/or-eflker wildfire fuels; 2. The director has complied with the notice requirements of section 5-11-4 of this chapter; and 3. The owner er eEeepant has failed to either remove the beetle infest diseased trees and/or ether wildfire fuels, or has failed to submit an acceptable plan and schedule such removal within the required time. I4 -In the case of an emergency involving imminent danger to public health, safety or welfare, the town may authorize the immediate removal of any beetle infest diseased trees and/or -other wildfire fuels without notice or an abatement order. IH. The owner shall be assessed twice the whole cost of removal of the beetle in f ste diseased trees and/or-eflker wildfire fuels from the subject property, including administrative fees. If all costs and charges incurred by the town are not paid within thirty (30) days from the date of the assessment, the unpaid costs shall be certified to the Eagle County treasurer for collection in the same manner as real property taxes. (Ord. 23(2007) § 2) 5-11-6: PERMIT FOR REMOVAL OFBEETLE T'`TFESTEDDISEASED TREES AND WILDFIRE FUELS: It 0 July 19, 2016 - Page 92 of 116 A design review application for a permit must be filed with the town of Vail community development department by any owner desiring to remove one or more beetle infested diseased trees or othe..,,:'af;ro fuels from his or her property. There shall be no application fee for the permit. The application shall contain a written narrative describing the type, size, quantity and general location of the beetle infest diseased trees and/or wildfire fuels proposed to be removed. The director may perform a site visit prior to taking any action on permit application. (Ord. 23(2007) § 2) 5-11-7: UNLAWFUL ACTS: It "- A. A. It shall be unlawful for- any „.,mor to fail or refuse to remove all beetle infest diseased trees and/or wildfire fuels from their property within the time period provided for in a notice of violation sent by the director pursuant to section 5-11-4 of this chapter. B. It shall be unlawful for an owner or eeeiip landowner to deny the director access to their property if the director presents an inspection warrant or abatement order issued pursuant to this chapter. C. It shall be unlawful to sell, expose for sale, offer for sale, transfer, give away or offer to give away any tree or part of a tree which is, at the time of the transfer, infested/ infected with an insect or disease restricted by the mountain pine beetlelocal, state or federal regulations. (Ord. 23(2007) § 2) 5-11-8: VIOLATION; PENALTY: it 0 Any person convicted of violating any of the provisions of this chapter shall be punished as provided in section 1-4-1 of this code; provided, that each separate act in violation of the provisions of this chapter, or each and every day or portion thereof during which any separate act in violation of this chapter is committed, continued, or permitted, shall be deemed a separate offense. (Ord. 23(2007) § 2) July 19, 2016 - Page 93 of 116 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: VEAC July 12, 2016 Meeting Minutes ATTACHMENTS: Description July 12, 2016 VEAC Meeting Minutes TOWN OF VAIP July 19, 2016 - Page 94 of 116 Vail Economic Advisory Council (VEAC) July 12, 2016 MEETING MINUTES VEAC Members Present: Bob Ford, Nick Brinkman, Alison Wadey, Rob Levine, Greg Moffet, Matt Ivy, Mark Gordon, Kim Newbury-Rediker, Matt Morgan, Jim Kellen, Chris Romer, Jenn Bruno, Michael Kurz, Bob Boselli, Nick Brinkman, Sarah Franke, Mia Vlaar, Mike Imhoff, Town of Vail Staff Present: Stan Zemler - Town Manager, Kelli McDonald - Economic Development Manager, Laura Waniuk - Marketing Liaison Specialist, Alan Nazzaro - Housing Manager Others Present: Ryan Kelsey — The Antlers, Mackenzie Abely — Group970 Restaurants, Mark Herron — VLMDAC, Michael Holton — VLMDAC, Beth Slifer — VLMDAC, Laurie Mullen — VLMDAC, Meggen Kirkham — Site Marketing, Michael Caccioppo - Financial Report Upon receipt of all sales tax returns, May collections are estimated to be up 1.3% compared to budget and up 9.7% from the prior year. RETT collections through June 28 total $2,159,409 down 29.2% from this time last year, a record year since the peak in 2008. Town Manager's Report Golf Course Clubhouse is progressing; completion date is projected to be October 3. If anyone would like to visit, contact Mike Ortiz. Aspen announced that their revenue projections will be rolled back to 3%. Vail financial report shows that the ski season this year was sluggish. The first discussion with the Town Council about the 2017 budget will be in August. 170 and Frontage Road construction is underway; there is a back up on the South Frontage Road going east everyday around 5:00-5:30pm. Parking controls are under discussion for the Lionshead parking garage. Solaris parking is an issue for guests due to the signage and expense; Zemler stated that it's time to investigate changing the signage. Summer 2016 Presentation, VLMDAC Please see presentation for details. Vail Local Marketing District Advisory Council presented an overview of 2016 planning, budget, target market, creative, programs and marketing. VEAC Meeting — July 12, 2016 July4?5J19f-2Page 95 of 116 Housing Strategic Plan Update Please see presentation for details. The percentage of second homes in Vail is up to 66%. Objective 1: Preserve existing housing, Objective 2: Increase density to increase housing opportunities, Objective 3: Develop dedicated funding source to increase affordable housing inventory, Objective 4: Actively seek and participate in Public/Private Partnerships to increase affordable housing inventory. Eagle County is also focused on the housing issue and looking for solutions. Current deed restrictions in the valley are very restrictive, Brinkman recommended discussions with local lenders to investigate financing options further. Nazarro said it's important to work closely with Vail Resorts regarding their seasonal employees and housing. Citizen Input Other Business Next Meeting: Tuesday, August 9, Joint Meeting with CSE, Antlers, 8:00- 10:00 AM VEAC Meeting — July 12, 2016 July P5?��9f 2P g a e96of116 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: CSE July 6, 2016 DRAFT Meeting Minutes ATTACHMENTS: Description CSE July 6, 2016 DRAFT Meeting Minutes TOWN OF VAIP July 19, 2016 - Page 97 of 116 TOWN OF VAIL 19111111111111111 Commission on � Special Events 1) Rim. COMMISSION ON SPECIAL EVENTS MEETING Vail Town Council Chambers Wednesday, July 6, 2016 @ 8:30am AGENDA: Meeting materials can be accessed at the following link: httD://65.38.144.10/WebLink/0/fol/346301 /Row1.as CSE Members Present: Barry Davis Mark Christie Mark Gordon Kim Newbury Rediker Shenna Richardson Marco Valenti CSE Members Absent: Alison Wadey TOV Staff Present: Laura Waniuk, Event Liaison Specialist Kelli McDonald, Economic Development Manager Others Present: Missy Johnson, Highline Brooke Skjonsby, Vail Resorts Rob Crawford, Vail Rec District Beth Pappas, Vail Rec District CSE Chair, Barry Davis, called the meeting to order at 8:30 am. Administrative Items Approval of the Minutes of the Joint Meeting with the VLMDAC and the CSE Regular Meeting on June 1, 2016 ➢ Motion to approve the minutes of the CSE Meeting, June 1, 2016 as presented. M/S/P: Rediker/Christie/Unanimous. The motion passed 6-0 Review financials: Refer to the spreadsheet, no issues were raised Competitive Resorts Event Schedule Update: Added Nantucket to updated version. Waniuk stated that most resorts have a craft beer festival that Vail may want to consider in conjunction with Top Shelf Harvest. Waniuk will contact Laurie Asmussen to discuss. Vail passed on Wanderlust event several years ago due to funding request of $100,000 which was considered too large at the time. GoPro Mountain Games Yoga event was a CSE Minutes July 6, 2016 Page 1 of 3 July 19, 2016 - Page 98 of 116 success, could CSE support it and grow into the weekend before? There are also free yoga classes at Solaris on Saturdays and Arrabelle Plaza on Sundays that are popular. Event Recaps: *motion to release final funding disbursement required Spring Back to Vail* Johnson thanked the CSE for support and the Vail Town Council for funding the Friday Night Concert with Chris Robinson Brotherhood which had a great crowd across all ages. Vail Resorts focused their efforts on closing day with World Pond Skimming Championships, DJ, sponsor activation including Helly Hansen and Smith who were new and the strategic partner Bud Light which is an established sponsor. VIPs were moved to an elevated platform. The event was designed for memorable experiences and a wow factor. Johnny Schlepper's band played at Mid -Vail which was a bonus. As for the business promotion of RRR Rewards, 65 local businesses participated and more businesses reached out after the event asking to participate in 2017. VR supported all of the activation with marketing efforts and communication. For 2017 the CSE asked for tiered options and budget breakouts. There is a possibility to partner with local radio stations as well. Vail Whitewater Kayak Series Crawford and Pappas thanked the CSE for support. This is the event that indicates summer is here in Vail. Weather was better this year and the event drew more crowds with more out of town participants and attendees. Evergreen and Holiday Inn were host hotels, Pazzo's saw an increase in revenue the nights of the event. Event builds community vibe and used more social media this year. The organizers also gave away a Hala board. Goal is to increase spectators next year. CSE asked how to grow this event. Crawford is looking at possibly adding a beer garden. Motion to approve the final funding distribution for Spring Back to Vail. M/S/P: Valenti/Richardson /Unanimous The motion passed 6-0 Review Destimetrics Market Update Report Please see presentation for details. Vail is poised for record occupancy, ADR and RevPAR this summer. CSE will use these reports to help identify need times for events in 2017. Event Liaison Marketing update Please see presentation for details. • Kids Adventure Games has Toyota as presenting sponsor. Registration is full with 45% of participants new this year. Ad in GPMG guide. Social media and website stats improving. • Betty Ford Alpine Gardens Traveling Exhibit: Mushrooms runs August — October. Strong Marketing. Also funded Arctic Landscape May — July. • Gourmet on Gore will have tasting tour again benefitting Vail Veterans program. There is a new artist for this year's poster. Colorado Audi dealers is a strategic sponsor. • Oktoberfest has Hacker-Pschorr as a beer sponsor this year. Work on further partnerships. • Outlier Offroad Festival registration is pacing 3 times ahead of last year. Toyota is also a presenting sponsor. Partnering with Oktoberfest to provide competitors with CSE Minutes July 6, 2016 Page 2 of 3 July 19, 2016 - Page 99 of 116 additional activies. Facebook ad campaign and bike media attending event are strong. Looking at including a music component for 2017. Automotive Classic has good local sponsorship and blog as well as presence in Mountain Town Magazine. Fly Fishing World Championships has 142 volunteers and 40 countries participating. Evergreen is the host hotel. They are creating an app for the event. The US Angling Organization is bringing their annual meeting to Vail during this event. CSE would like to have more local exposure and understanding of the event for the parade and awards ceremonies. Review Community Survey Please see presentation for details. Events are seen as an economic driver for Vail and respondents feel there is the right amount of events and they are the right quality. Some comments were about wanting more family friendly concerts. CSE wants to know what is the next KAABOO and how can we be ready and plan for it to make it work. How does CSE provide a vision for the community events moving forward? Staff will send out the KAABOO memo that went to Council. It was clarified that KAABOO withdrew their application. There was a discussion about Council Contributions and what CSE involvement should be in the review process. These events do give recaps to CSE for their final payment allocation. Review RFP Draft for 2017 Allocations Process Changes were highlighted and discussed. It was stated that the RFP process is very thorough and could deter applications from new event promoters. It was determined to continue event surveys in 2017 at the current level. ➢ Motion to approve funding for 2017 economic impact event surveys. M/S/P: Gordon/Rediker/Unanimous The motion passed 6-0 ➢ Motion to adopt RFP for 2017 Allocations Process. M/S/P: Richardson/Christie/Unanimous The motion passed 6-0 New Business and Community Input VEAC joint meeting will be held at 8:OOAM on Tuesday, August 9 at the Antlers. Staff to prepare presentation for CSE to review by August 3. World Fly Fishing Championships Sunday 9/11 5:00-6:OOPM is World Fly Fishing Parade from Evergreen to Marriott. Saturday 9/17 4:30PM is closing ceremonies on Vail Village Oktoberfest stage. Staff will send invitation to CSE members to attend. Kick It 3v3 Soccer Tournament Staff will send information about discounts and free entries for the Kick It 3v3 Soccer tournament to CSE members New Special Event Coordinator Ernest Saeger starts Monday, July 11. ➢ Motion to Adjourn at 10:50 a.m. M/S/P: Valenti/Richardson /Dissenting Rediker The motion passed 5-1 CSE Minutes July 6, 2016 Page 3 of 3 July 19, 2016 - Page 100 of 116 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: May 2016 Vail Business Review ATTACHMENTS: Description May 2016 Vail Business Review TOWN OF VAIP July 19, 2016 - Page 101 of 116 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 May 2016 July 13, 2016 The May Vail Business Review breaks down the four percent sales tax collected for May. Overall May sales tax increased 7.1 % with Retail increasing 14.3%, Lodging decreased .3%, Food and Beverage increased .9% and Utilities/Other (which is mainly utilities but also includes taxable services and rentals) increased 7.0%. Excluding the Out of Town category, sales tax for the month of May was 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, LA Sally Lorton Sales Tax Administrator July 19, 2016 - Page 102 of 116 May TOWN OF VAIL BUSINESS REVIEW TOWN OF VAIL- Sales Tax Newsletter May 2016 Sales Tax July 19, 2016 - Page 103 of 116 May May May 2015 2016 % Collections Collections Change VAIL VILLAGE Retail 47,045 57,304 21.81 % Lodging 44,178 53,256 20.55% F & B 93,911 100,449 6.96% Other 2,498 4,079 63.27% Total 187,633 215,089 14.63% LIONSHEAD Retail 12,194 8,591 -29.55% Lodging 32,154 28,838 -10.31 % F & B 23,201 16,703 -28.01 % Other 4,096 4,752 16.02% Total 71,645 58,883 -17.81 % CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 86,112 89,552 3.99% Lodging 16,422 9,592 -41.59% F & B 27,576 29,027 5.26% Other 4,022 3,196 -20.54% Total 134,132 131,367 -2.06% OUT OF TOWN Retail 78,395 100,278 27.91 % Lodging 3,090 3,829 23.92% F & B 340 78 -77.18% Utilities & Other 109,868 116,870 6.37% Total 191,693 221,055 15.32% 7/13/2016 11:13:17 AM emGovPower Page 1 of 2 July 19, 2016 - Page 103 of 116 May TOWN OF VAIL BUSINESS REVIEW TOWN OF HAIL Sales Tax Newsletter May 2016 Sales Tax TOTAL Total 585,103 626,395 7.06% RETAIL SUMMARY May May May RETAIL -FOOD 2015 2016 % RETAIL -LIQUOR Collections Collections Change Retail 223,747 255,725 14.29% Lodging And Property Mgmt 95,844 95,516 -0.34% Food and Beverage 145,029 146,257 0.85% Other 120,484 128,897 6.98% Total 585,103 626,395 7.06% RETAIL SUMMARY 7/13/2016 11:13:17 AM emGovPower Page 2 of 2 July 19, 2016 - Page 104 of 116 May 2015 Collections May 2016 Collections May % Change RETAIL -FOOD 66,472 67,064 0.89% RETAIL -LIQUOR 18,349 19,464 6.08% RETAIL -APPAREL 23,587 27,941 18.46% RETAIL -SPORT 20,093 20,758 3.31 % RETAIL -JEWELRY 4,761 6,079 27.69% RETAIL -GIFT 1,706 1,379 -19.16% RETAIL -GALLERY 283 1,174 314.79% RETAIL -OTHER 88,467 111,866 26.45% RETAIL -HOME OCCUPATION 29 0 -100.00% Total 223,747 255,725 14.29% 7/13/2016 11:13:17 AM emGovPower Page 2 of 2 July 19, 2016 - Page 104 of 116 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Vail Economic Indicators Summary ATTACHMENTS: Description Vail Economic Indicators Summary TOWN OF VAR' July 19, 2016 - Page 105 of 116 DestiMetrics'Ll. TOWN OF VA I L Resort Intelligence. Town of Vail Economic Indicators Summary (Based on data as of April 30, 2016) INTRODUCTION: This summary is provided as a part of the Town of Vail 2016 Economic Development Strategic Plan and introduces a summary report of Vail Economic Indicators representing a winter 15/16 (November — April) seasonal view along with a more granular chart (attached). It is published twice annually, as soon as practical after the data has become available, is limited in scope by the availability of data from secondary sources and is thought to be generally accurate but not independently verified. Vail's 2015/16 winter season experienced growth in most tourism indicators. During the 2015/16 winter season, Vail experienced a slight decrease in occupancy (-1.5%), the first decrease since the "Great Recession", which started just before the 2008/09 season. Average Daily Rate (ADR) continues to increase year over year (+4.5%) resulting in an increase in revenue per available room (+3.0%), which corresponds with the year over year increase in the Town of Vail's lodging tax collections (+3.5%). Vail's occupancy during the 2015/16 season is below (-5.9%) its pre -recession high of 60.3%, while ADR has exceeded its pre -recession peak (+20.7%) and represents the highest since this measurement system was established. According to Vail's Daily Occupancy Report (produced by DestiMetrics), for the second season in a row, roughly 100 days or 55.2% of the winter season were at an occupancy of 70% or higher with 64% of these days achieving an occupancy between 80% and 90%. This further depicts a limited supply of inventory to accommodate demand, which continues to drive up rates. Comparatively other U.S. western mountain resorts (based on overall DestiMetrics industry data), increased more in occupancy (+4.4%) and less in rate (+0.8%) and achieved an increase in total revenue per available room (+5.2%), which slightly out performed Vail's increase (+3.0%). Other metrics to note are snowfall, which increased (+20.8%) on -mountain and (+8.5%) in town. Gasoline prices declined significantly (-18.6%) for the fourth season in a row but had little effect on drive traffic, which can be seen from the static year over year Tunnel Traffic. Deplanements at Eagle County Regional Airport, which had seen declining flights and capacity in recent years, have increased slightly (+2.4%) for the second consecutive season. A variety of special events took place during the winter months, with overall attendance and participation declining significantly due to absence of the 2015 FIS World Alpine Ski Championships that took place the prior season. Other events saw very little change in attendance, most notable of which is the Burton US Open Snowboarding Championship, whose attendance is the same year over year. Vail event attendance reporting is now consistently being measured by a third party research firm (RRC Associates), which is resulting in less dramatic increases/decreases in event attendance data from season to season. This season's real estate indicators show a slight increase in number of transactions (+3.9%) and a more notable increase in average sale price per transaction (+13.9%) with total gross sales increasing (+13.2%). Average price per square foot decreased (-6.2%). These metrics reflect more demand for hiaher Driced and laraer homes than in the Drior season. Sales Tax is segmented by business type (retail, lodging and food/beverage) and further broken down geographically by Vail neighborhoods. Excluding out of town collections, all segments combined showed a very slight increase in overall winter sales tax revenue (+0.7%) following the previous winter season's sales tax revenue, which had increased (+6.7%). Specifically, lodging (+3.5%) and food and beverage (+0.1 %) each saw a year over year increase but retail sales tax collections (-4.3%) experienced a decline year over year. When segmented by neighborhood, Cascade/Sandstone/East & West Vail (-1.0%) and Vail Village (-0.5%) both experienced declines overall compared to Lionshead, which showed a slight increase (+2.9%). A study conducted by DestiMetrics shows that the average of taxable sales at comparable ski towns was up season -over - season in lodging sales (+5.2%) and total taxable sales (+3.5%). Other Tax Collections by the Town of Vail include construction use tax, property tax and real estate transfer tax and are reported on a calendar -year basis. As a result, these taxes do not correlate with Attachment: Vai1,Kd9n4@;c2(M0t0RJ9b1e106 of 116 DestiMetric&,L. TOWN OF VA I L Resort Intelligence. the seasonal indicators above. Construction use tax showed a significant increase in 2015 from 2014 (+19.1 %). Real estate transfer tax collections also increased but slightly in 2015 from 2014 (+1.7%). In 2015, property taxes increased nominally (0.7%) from 2014. Town Reserves as measured by General Fund Balances remain very healthy at $23.6 million, a +20% increase over the Drevious vear. Business Growth is based on broader county and national indicators, many of which are tracked on an annual basis, lag significantly and have just been updated for the 2015 calendar year. While not as telling of the current market conditions, the Business Growth indicators show a healthy economy as evidenced by unemployment in Eagle County, which experienced another significant decrease, from 4.2% to 3.1 %. The number of employed persons in Eagle County increased nominally in 2015 from 2014 (+0.2%). The broader economic conditions have a significant impact on determining consumers' discretionary spending and leisure habits, which in turn can significantly impact Vail's economic performance. Though there are global challenges, they have only recently crept into the US national and regional marketplaces. The more favorable economic conditions of these past several years are beginning to give way to slightly greater domestic volatility, which impacted winter 2015/16 travel patterns, most It notably in a declining tolerance for rate increase. Among the positive economic variables is the continuing low cost of gas and other transportation fuels, while among the negative is the rising foreign exchange rates that increase travel costs for Vail international visitors causing some tourism indicators to be lower or flat to last season. (1) Consumer Confidence has spent the past six months in the mid - 90 -point range, with no clear direction and staying below the emotionally significant 100 -point mark. Consumers are struggling to feel confident that the overall trajectory of the economy is upward, in part due to the turmoil on financial marketplaces since August, 2015, and the impact of that turmoil on retirement and investment accounts. (2) Job Creation & Unemployment has been, and continues to be, the strongest part of the economic/consumer engine. Employers added an average of 210,000 jobs during winter 2015/16, down slightly from the prior six months, but continuing a record 69 -month streak of job creation, during which an average of 200,130 jobs have been added per month. The national unemployment rate was at or below 5.0 percent for the duration of winter 2015/16 and is now well-established below pre -recession levels. (3) Wall Street and other domestic financial markets have been heavily impacted by global events over the course of the winter season, with volatility built into the market before winter began following a dramatic decline in August 2015. Further international turmoil, headed by instability in Asia and concerns around the EU and its ability to handle the refugee crisis, resulted in additional significant losses of greater than 5.5 percent in January, which impacted the travel industry somewhat on the rate side. In each case, the downward movement of financial markets was significant enough to trigger consumer concern as savings accounts and retirement funds suffered. (4) Foreign Exchange Rates continued to be very high for visitors wishing to travel to the US from other countries this past winter, as the US dollar remains the strongest major currency in the global marketplace. Falling oil prices, domestic instability in the EU, a fledgling — and struggling - Asian marketplace, and a refugee crisis of epic proportions in Europe have all conspired to keep these exchange rates 16 to 20 percent below par and are preventing any hope for recovery in the near-term. Additionally, the lure of travel abroad to US consumers has anecdotally created bleed from the domestic marketplace to destinations abroad, creating fulfillment challenges that are difficult to overcome. This foundational data set and summary will be further updated and expanded upon twice annually, taking its place among the tools available to better inform the Town staff, its various committees and the public it serves. Ralf Garrison Director and Senior Analyst DestiMetrics LLC Attachment: VaiLKdgn4@1ic2@A&toP5gb1e1 07 of 116 Data provided were collected by the TOV and DestiMetrics in Jan. 2009 and updated in Junet my 2016 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Vail Economic Indicators: Tourism (2004-2016) Indicator Source Forms Study Report Date ('04-'05) Report Date ('05- Report Date ('06- Report Date ('07- Report Date ('08- Report Data ('09- Report Date ('30- Report Data ('11- Report Date ('12- Report Date ('13- Report Date ('14- Report Date ('15- Data ('04-'05) Data ('OS -'O6) Data ('O6-'07) Data 07'08 '06) '07) '08) ( ) '09) Data ('OS -'09) Data '09-'30 Data '10-'11 '10) ( ) '11) ( ) Data 'll -'12 Data '12-'13) Data ('13-'14) '12) ( ) '13) ( '14) '15) Data 14'15 Data ('15-'16) ( ) '16) Lodging Report: DestiMetirl- Average number of Winter (November'04 - Winter (November '05 - Winter (November Winter (November '07 Winter (November'08 Winter (November'09 Winter INovember'10 Winter (November'll Winter (November'12 Winter (November'13 Winter (November Winter IN°vember Occupancy Booking patterns at roomsoccupied April '05) N/A April '06) 59.6% '06 - April '07) 60'3%-April'08) 58.6% - April '09) 52.1% - April '10) 54.7%-April'11) 55.2% - April '12) 54.5% - April '13) 54.9% - April '14) 57.5% '14 - April '15) 57.8% '15 - April'16) 56.9% 18 Vail lodging (2247 out of 3598) Summer (May'OS - Summer (May'06 - Summer (May'07 - Summer (May'OB - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - pr°Partes October 05) 39.1% Odober'06) 38.4% October'07 39.4% 38.0^0/0 Odober'OS) October'09) 33.5% October'10) 35.1% October'11) 38.5% Oc[ober'12) 40.1% October'13) 41.5% Oc[ober'14 43.1% October'15) 44,3% Odober'16) I N tAvallable Lodging Report: DestiMetrics: Average nightly Winter (November'04 - Winter (November'05 - Winter (November Winter (November '07 Winter (November'08 Winter (November'09 Winter (November'10 Winter (November'll Winter (November'12 Winter (November'13 Winter (November Winter (November Average Nightly Booking patterns at room rates April '05) N/A April'06) $363 '06 - April '07) $376 -April'08) $407 - April '09) $384 - April '10) $353 - April '11) $374 - April '12) $398 - April '13) $415 - April '14) $443 '14 - April '15) $492 '15 - April'16) $513 Room Rates 18 Vail lodging properties Summer (May'05 - Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - �Octotper'10) Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - October'05) $142 October'06) $158 October'07) $155 October'08) $155 October'09) $146 $151 Oct°ber'11) $163 October'12) $169 October'13) $173 October'14) $190 October'15) $199 Odober'16) Not Available Community Vail Recreation Number of visitors Winter (November'04 - Winter (November'05 - Winter (November Annual (January'08 - Annual (January'09 - Annual (]anuary'30 - Annual (January'11 - Annual (January'12 - Annual (January'13 - Annual (January'13 - Annual (January'14 Annual (January'14 Center District to the Dobson Ice April '05) Not available April'06) Not available '06 - April '07) Not available December'08) December'09) December'10) December'11) December'12) December'13) December'13) -December'14) -December'14) Attendance Arena 80,000 (estimate) 80,000 (estimate) 80,000 (estimate) 75,000 (estimate) 85,000 (estimate) 85,000 (estimate) 43,646 47,000 71,000 (estimate) Summer (May'05 - Summer (May'06 - Summer (May'07 - October'05) Not available October'06) Not available October'07) Not available Vail Recreation Visitors to the Vail Summer (May'05 - Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'11 - Summer (May'12 - Summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - District Golf Course October'05) 23,000 October'06) 22,300 October'07) 24,600 October'08) 24,993 October'09) 23,414 October'10) 23,332 October'11) 21,963 October'12) 25,000 October'13) 24,681 October'14) 24,187 October'15) 24,334 October'16) Not Available Parking Counts TOV Transportation Number of vehicles Winter (November'04 - Winter (November'05 - Winter (November Winter (November'07 Winter (November'08 Winter (November '09 Winter (November'10 Winter (November'11 Winter (November'12 Winter (November'13 Winter (November Winter (November in Vail Village April '05) 332,424 April'06) 325,972 '06 - April '07) 342,417 -April'08) 350,896 - April '09) 288,307 - April '10) 324,979 - April '11) 343,896 - April '12) 319,223 - April '13) 335,151 - April '14) 344,978 '14 - April '15) 481,875 '15 - April '16) 379,468 Parking Structure Summer (May'05 - Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - October'05) Not available October '06) Not available October'07) Not available Oclober'08) Not available October'09) 297,349 October'10) 312,603 October'11) 645,725 October'12) Not available October'13) 347,451 October'14) Not Available October'15) 481,875 October '16) Not Available TOV Transportation Number of vehicles Winter (November'04- Winter (November'05- Winter (November Winter (November '07 Winter(November'08 Winter(NOvember'09 Winter(November'10 Winter(November'11 Winter(November'12 Winter(November'13 Winter (November Winter (November in Lionshead Parking April '05) 181,275 April '06) 176,716 '06 - April '07) 174,085 -April'08) 184,505 - April '09) 182,028 - April '10) 187,045 - April '11) 179,971 - April '12) 167,682 - April '13) 173,777 - April '14) 173,967 '14 - April '15) 269,587 '15 - April '16) 243,814 Structure Summer (May'05 - Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - October'05) Not available Odober'06) Not available October'07) Not available October'08) Not available October'09) 218,482 October'10) 221,233• October '11) 463,139 October'12) Not available October'13) 153,566 October'14) Not Available October'15) 215,528 October'16) Not Available Parking LotClosed(WM(VVMC )Octte TOV Transportation Number of vehicles Winter (November'04 - Winter (November'05 - Winter (November Winter(November'07 Winter (November'08 Winter (November'09 Winter (November'10 Winter (November'11 Winter (November'12 Winter (November'13 Winter (November Winter (November on frontage roads April '05) 4,712 April'06) 9,406 '06 - April '07) N/A - April '08) 5,947 - April '09) 7,836 - April '10) 7,795 - April '11) 1,675 - April '12) 2,074 - April '13) 4,401 - April '14) 3,270 '14 - April '15) 1,290 '15 - April'16) 9,077 Summer (May'05 - Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - October '05) JULY 4TH October'O6) JULY 4TH October'07) JULY 4TH October'08) JULY 47H October'09) JULY 4TH October'10) 4,853 October 11) 3,072 October'12) Not available October'13) 2,294 October'14) Not Available October'15) 775 October'16) Not Available TOV Transportation Numberofdays Winter (November'04- Winter (November'05- Winter (November Winter (November '07 Winter (Novemb"08 Winter(November'09 Winter(November'10 Winter(November'11 Winter (November'12 Winter(November'13 Winter (November Winter (November Parking structures April '05) 43/VV 13/LH April'06) 45/VV 27/LH '06 - April '07) 66/VV 31/LH -April'08) 58/VV 25/LH - April '09) 50/VV 25/LH - April '10) 40/VV 20/LH - April '11) 7/VV 7/LH - April '12) 8/VV 7/LH - April '13) 30 - April '14) 7 '14 - April '15) 16 /VV 5/LH '15 - April '16) 27 full 80full= 5 Summer (May'05 - Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - October '05) JULY 4TH October'06) JULY 4TH October'07) JULY 4TH October'08) JULY 4TH October'09) JULY 4TH October'10) 21/VV 14/LH October'11) 15/VV 9/LH October'12) Not available October'13) 14/VV 6/LH October'14) Not Available October'15) 5 Odober'16) Not Available Airport Statistics DIA Number of people Winter (November'04 - Winter (November'05 - Winter (November Winter (November '07 Winter (November'08 Winter (November'09 Winter (November'10 Winter (November '11 Winter (November'12 Winter (November'13 Winter (November Winter (November into Denver April '05) 9,007,732 April'06) 10,894,042 '06 - April '07) 11,359,350 -April'08) 12,005,377 - April '09) 11,612,990 - April '10) 11,848,627 - April '11) 12,421,502 - April '12) 12,618,182 - April '13) 12,337,722 - April '14) 11,140,387 '14 - April '15) 12,430,716 '15 - April '16) 13,172,733 International Airport Summer (May'05 - Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - October'05) 11,561,666 October '06) 12,639,845 October'07) 13,237,818 October '08) 13,600,079 October'09) 13,517,792 October'10) 13,974,281 October'11) 14,117,198 October'12) 14,213,370 October'13) 13,895,694 October'14) 13,803,008 October'15) 14,311,763 October '16) Not Available Eagle County Airport Number of people Winter (November'04- Winter (November'05- Winter (November Winter (November '07 Winter(November'08 Winter(NOvember'09 Winter(November'10 Winter(November'11 Winter(November'12 Winter(November'13 Winter(November Winter (November into Eagle County April '05) 175,641 April'06) 180,086 '06 - April '07) 179,620 -April'08) 181,602 - April '09) 173,333 - April '10) 166,409 - April '11) 161,847 - April '12) 147,121 - April '13) 138,583 - April '14) 131,323 '14 - April '15) 133,304 '15 - April '16) 136,544 Airport Summer (May'05 - October'05) Summer (May'06 - October'06) Summer (May'07 - October'07) Summer (May'08 - Octobe 08) Summer (May'09 - October'09) 8,434 (airport was Summer (May'10 - October'10) Summer (May'll - October'11) Summer (May'12 - October'12) Summer (May'13 - October'13) Summer (May'14 - October'14) Summer (May'15 - October'15) Summer (May'16 - October'16) 39,779 37,750 48,043 37,300 closed Nay -Aug.) 37,760 32,418 26,626 29,162 29,737 26,791 Not Available Vail Information Center Visits Communication Department Number of visits to the Vail Village Winter (November'04 - Not available Winter (November'05 - Not available Winter (November 20,004 Winter (November '07 18,051 Winter (November'08 20,949 Winter (November'09 17,483 Winter (November'10 16,323 Winter (November'11 17,757 Winter (November'12 22,635 Winter (November'13 Winter (November 16,818 19,055 Winter (November 23,659 Information Center Summer (May'05 - Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'11 - Summer (May'12 - Summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - October'05) Not available October'06) 25,032 October'07) 22,658 Odober'08) 26,098 October'09) 24,774 October .10) 24,168 October 11) 26,132 October .12) 26,142 October .13) 19,640 October .14) 16,850• October .15) 25,896 October '16) Not Available Communication Department Number of visits to the Jonshead Winter (November'04 - Not available Winter (November'05 - Not available Winter (November 14,319 Winter (November '07 12,575 Winter (November'08 11,576 Winter (NOvember'09 10,616 Winter (November'10 6,972 Winter (November'11 81689 Winter (November'12 29,225 Winter (November'13 Winter (November 13,582 20,635 Winter (November 23,579 Information Center Summer (May'05 - Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - October'05) Not available Odober'06) 31,103 October'07) 25,340 Odober'08) 19,319 October'09) 18,000 October'10) 17,237 October'11) 18,307 October'12) 27,883 October'13) 16,512 October'14) 21,359 October'15) 18,539 Odober'16) Not Available Nail Village Welcome Center closed for construction on August 15, 2014 for the duration of the summer. The operation moved to the Transit Center Total Snowfall OnTheSnow.mm On Vail Mountain - Winter (November'04 - Winter November - Winter (November Winter (November'07 Winter (November'OS Winter (November'09 Winter (November'SO Winter (November'SS Winter (November'12 Winter (November'13 Winter (November Winter (November Measured in inches April Not available April'06) Not available '06-April'07) Not available -April'08 Not available -April'09) 393 -April 271 April '11) 459 -April'12) 172 -April'13) 288 -April'14) 264 '14-April'15) 234 '15-April'16) 292 Town of Vail Public In Town of Vail - Winter (November'04 - Winter (November'OS - Winter (November Winter (November'07 Winter (Novemb"08 Winter (November'09 Winter (November'10 Winter (November'11 Winter (November'12 Winter (November'13 Winter (November Winter (Nevember Works Department Measured in inches April 185 April'O6) 244 'O6-April'07) 171 - April '08) 300 - April '09) 211 -April'10) 174 -April'11) 262 -April'12) 112 - April '13) 185 -April'19) 227 '14-April'15) 172 '14-April'15 188 Tunnel Traffic [DOT Winter (November'14 - Winter (November - Winter (November Winter (November'07 Winter (November'08 Winter (November'09 Winter (November'10 Winter (November'11 Winter (NOvember'12 Winter (NOvember'13 Winter (November Winter (November thm the Eisenhower April'OS) 3,611,648 April'06) 5,416,952 '% April'07) 5,694,884 -April'OB) 5,709,007-April'09) 5,730,889 - April '10) 5,690,262 - April '11) 5,236,367 - April '12) 5,160,226 - April '13) 5,211,592 -April '14) 5,458,044 '14-April'15) 5,557,278 '15-April'16) 5,864,849 �Nlrnberofvehidles Tunnel/Vail Pass Summer (May'05 - Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - Summer (May'11 - Summer (May'12 - Summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - October'05) 5,488,399 Odober'06) 5,585,158 October 07) 6,074,027 Odober'OS) 5,821,092 October 09)y 6,043,720 October 10) 5,833,139 October 11) 5,554,275 October 12)y 5,598,788 October 13) 5,609,828 October 14) 5,829,054 October'15) 6,074,994 October 16) Not Available Vail Economic Indicators: Tourism Page 1 of 5 Last Modified: 7/14/2016 July 19, 2016 - Page 108 of 116 Data provided were collected by the TOV and DestiMetrics in Jan. 2009 and updated in Junet my 2016 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Vail Economic Indicators: Tourism Page 2 of 5 Last Modified: 7/14/2016 July 19, 2016 - Page 109 of 116 Vail Economic Indicators: Tourism (2004-2016) Indicator Source Focus Study Report Date ('04-'05) Report Date ('05- Report Date ('06- Report Date ('07- Report Date ('08- Report Data ('09- Report Date ('30- Report Date ('ll- Report Date ('12- Report Date ('13- Report Date ('14- Report Dake ('15- Data ('04-'05) '06) Data ('05'06 ) '07) Data ('O6-'07) '08) Data ('07 'O8) '09) Data ('OS -'09 ) '30) Data '09-'30 ( ) '11) Detre '10 -'ll ( ) '12) Data '11 '12 ( ) '13) Detre '12-'13 ( ) '14) Data ('13-'14) '15) Data 14'15 ( ) '16) Data IS '16 ( ) Holiday Timing Calendar Easter: Date Sunday March 27, 2005 Sunday April 16, 2006 Sunday April 8, 2007 Sunday March 23, 2008 Sunday April 12, 2009 Sunday April 4, 2010 Sunday April 24, 2011 Sunday April 8, 2012 Sunday March 31, 2013 Sunday April 20, 2014 Sunday April 5, 2015 Sunday March 27, 2016 4th of July: Day of July 4, 2005 July 4, 2006 July 4, 2007 July 4, 2008 July 4, 2009 July 4, 2010 July 4, 2011 July 4, 2012 July 4, 2013 July 4, 2014 July 4, 2015 July 4, 2016 the week Monday Tuesday Wednesday Friday Saturday Sunday Monday Wednesday Thursday Friday Saturday Monday Christmas: Day of December 25, 2005 December 25, 2006 December 25, 2006 December 25, 2007 December 25, 2008 December 25, 2009 December 25, 2010 December 25, 2011 December 25, 2012 December 25, 2013 December 25, 2014 December 25, 2015 the week Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sunday Tuesday Wednesday Thursday Friday Fuel Prices Energy Information Average price of Winter (November'04- Winter (November'OS- Winter (November Winter (November'07 Winter(November'OS Winter (November'09 Winter (N Winter(November'll Winter(November'll Winter (N Winter (November Winter (November Administration gasoline per gallon in Colorado - April'OS) $1.94 April'06) $2.33 '06-April'07) $2.33 -April'08) $3.03-April'09) $1.83 April'10 $2.85 -April'11) $3.12 - April '12) $3.35 - April '12) $3.33 - April '19) $3.31 '14- April '15) $2.32 '15- April '16) $1.95 (USD) D) fweekly Summer (May'OS - Summer (May - Summer (May'07 - Summer (May'08 - Summer M 09 - ( ay Summ M 10 - er ( ay Summer M 11 - ( ay Summer M 12 - ( aY Summer M 13 - ( aY Summer M 14 - ( aY Summer M 15 - ( ay Summer Ma 15 - ( Y averages October 05) $2•� Ocober'O6) ;2.77 October 07) $3.00 October ;3.69 October $2.44 October 10) ;2.76 October 11) $3.56 October 12) ;3.52 October 13) $3.56 October 14) ;3.50 October 15) ;2.60 October Not Available Event Attendance Big Beers Festival Big Beers Festival 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur Event did not occur Event did not occur Winter (January 9- 11 2,013 Winter (January 9- 11 1,600 Winter (January 9- 11 3,200 Vail Symposium Vail Symposium 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur December 29, 2011- 1,513 December 5, 2012- 1250 Winter (January 10- 1 241 Winter (Dec 18 -April 1,500 Winter (Jan 4 -March 1,400 Winter April 22, 2012 March 19, 2013 April 3) 9) (EE) 29) (EE) Valley 2015 FIS WorldVail Feb 2 -Feb 14, Feb 2 -Feb 14, Event did not Foundation Alpine Ski 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 2013 Event did not occur 2014 Event did not occur 2015 204,7a7 2016occur CanDoMS (EE) Vertical Express 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2012 Event did not occur 2013 Event did not occur 2014 Event did not occur 2014 Event did not occur 2015 Event did not occur Feb 21, 2016 146 Burton US Open Burton US Open Burton US Open Burton US open Snowboarding Highline Sports & Snowboarding 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 1st year. Feb 27- 91000 Snowboarding 49,850 Snowboarding 21,500 Championships 4th 21,500 Entertainment Championships March Championships 2nd Championships 3rd year year:3/3- 3/8 year:3/2-3/7 Vail Valley Medical Center PINK Vail 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 3/9/2013 Event did not occur 352K raised 1319 4/5/2014gd 465K raised 5 3/21/2015 720K raised 2'430 4/2 ($759.599 raised)2,800 March 29- April 1, 5,071* RRC Winter (March 26 - Vail Film Institute Vail Film Festival March 31- April 3, 2005 10,000 March 30- April 2, 2006 12,000 2007 14,000 April 3-6, 2008 12,500 April 2-5, 2009 12,000 April 1-4,2010 14,000 Mar 31- Apr 3, 2011 14,000 Mar 29 -Apr 1, 2012 (14,000*from March 28-31, 2013 14000 Winter (March 27-30)2 �9) 6,800 Winter (April 7-10) 4,800 Taste of Vail Taste of Vail April 6-9, 2005 Not available April 5-8, 2006 4,000 April 11-14,2007 7,000 March 29- April 1, 2008Cook-off 7,000 April 1-4, 2009 6,000 April 8-10, 2010 6,600 April 7, 2011 5,000 Apr 5, 2012: lamb 8,000 April 3-6, 2013 10,731 Winter (April 2-5)0 Winter (April 2-5) 5,100 Winter (3/30-4/2) 3,500 Highline Sports & En Spring Back to Vail April 4-16, 2005 50,000 April 3-16, 2006 24,000 April 2-15, 2007 26,000 Aril 7-13, 2008 p 30,000 April 13-19, 2009 30,000+ April l2- 18, 2010 40,000 A 16-24, 2011 70,000 (2 w k n A 9 - 15, 2012 30,000 April 8-14, 2013 40,000 Winter (April 11-13,37 Aril l Winter 117-19 (Mn ) 10,800 Winter (April 8-10 (� ) 7,000 Applied leadership Vail Centre (Vail 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 2013 Event did not occur 2014 ot occur 2015 Event did not occur 2016: Feb 27, April 428 Series (EE) leadership Institute) 9, June 25, Aug 20 Teva Mountain Vail Valley Games (G'ino Mm June 1-5, 2005 12,000 (snowl) May 31 -June 4, 2006 May 30- June 3, 28,000 30,000 June 9-8, 2006 35,000 June 4-7, 2009 40,000 -W F is now June 3-6, 2010 35,037 June 2-5, 2011 46,697 May 31 -June 3, 2012 43,889* June 6-9, 2013 53,579 GOPro Mtn Games00 GoPfo Mtn Games: r4-7 afi,000 GoPro Mm Games: Not Available Foundation Games beginning 2007 promoter Jun Jun 47 Vail Valley 7 Tuesdays, June 14 July 10 Tuesdays: June 13- 97uesdays: June 19- 9 Tuesdays: June 16- 9 Tuesday: June 16 - Tuesdays, Jun 15- 97ues ays, 97uesdays, June 9 Tuesdays, Jun 18 - SummerSummer 19,837 Summer Foundation Hat Summer Nights 26, 2005 26,400 August 29 33,063 August 21, 2007 32'625 August 19, 2008 28,668 Aug 18 36,629 Aug 24 31,865 June 14- Aug 30, 217111 33,683 12- Aug 21, 2012 32.716 Aug 27 30,505 (June 17 -August 2)25 (June 17 -August 2) weather impacts (June 17 -August 2) Not Available Meadow Drive June 19- S September June IS- September 17, June 16- September June 22- September June 21 -Sept 20, June 20- Sep 19, June 19 -Sep[ 25, June 17- Sept 30 (16 17 Sundays, June 16- Summer Summer Summer Partnership Vail Famlers' Market (14 Markets) 75,000 2006 (14 Markets) 100,000 23, 2007 (14 120,000 21, 2008 (14 MsrketrO 130,000 2009 (14 markets) 140,000 2010Markets) 140,000 2011 (15 markets) 166,000 Markets) 140,000 Oct 6 205 742 (June 15 -October 5)(June 57 15 -October 5) 79 000* (June 15-0ctober 5) Not Available Colorado lacrosse Vail Lacosse Shootut June 25- July 4, 2005 92 teams 18 330 total June 29- July 4, 2006 102 teams June 27- July 4„ 16 000 total 2007 100 teams 17 116 total June 28- July 6, 2008 104 teams June 26 - July 5, 18 819 total 2009 95 Teams 16,000 total June 26 -Jul 9, 2010 103 Teams 17,500 total June25-July3,2011 107Teams18,500 June 30 -July 8, 2012 99 Teams 23,617 June 29 -July 7 13,543 Summer June 29 -Jul 6 o Ford SummerSummerPromotions elds lune mer Jul 6 11,000 June 2r Jul 6 Not Available Wednesday, July 4, Saturday, July 4, Wed. July 4, 2012 42,000 (63 Summer Summer Summer Eagle Valley Events America Days Monday, July 4, 2005 25,000 Tuesday, July 4, 2006 30,000 2007 35,000 Friday, July 4, 2008 35,000 2009 40,000 Sunday, July 4, 2010 35,500 Monday, July 4, 2011 42,000 Human Movement M­aoern or parade entries) Highline: July 46 55,000 Highline (July 4) 25,000 Highline (July 4) 20,000 Highline (July 4) Not Available Bravo! (GRFA 18 performanoas: June 26 19 performances: June 19 performances: 20 performances: 19 Performances: 20 Performances: Ticketed: 45,492 Summer 2013: Bravo! performances only) July 29, 2005 35,066 28 -July 28, 2006 36,727 June 27- July 27, 2007 32,649 June 25 - July 25, 2008 34,868 July 1 -Aug 9, 2009 34.530 June 25- Aug 3, 2010 41,469 June 25 -Aug 3, 2011 41,385 June 25 -Aug 4, 2012 Non -Ticketed: 13.205 Ticketed @GRFA: 42,762 Total: 60,982 Summer 2014 53,377 Summer 2015 52,270 Summer 2016 Not Available Vail Internations 8 Performances Vail Valley Dance Festival 6 performances: July 30- 9,550 7 Performances: July30- 11,654 8 performances: July 12,249 7 performances: July 11,698 (GRFA): luny 27 -Aug 17,500 July 26- Aug 10, 2010 20,609 9 Performances: July 16,968 10 Performances: 18 418, 9 Performances: 18,700 Summer (July 27- 24,260 Summer (July 27- 13,800 Summer (July 27- Not Available Foundation (GRFA performances August 7, 2005 August 13, 2006 29 -August 12, 2007 27- August 9, 2008 10, 2009 26-Au9 14, 2011 July 24 -Aug 11, 2012 July 28 -Aug 9 August 9) August 9) August 9) Cumulative Commission on Attendance at GRFA Summer 2005 46 performances Summer 2006 50 performances Summer 2007 47 performances Summer 2008 43 performances Summer 2009 44 performances Summer 2010 48 performances Summer 2011 48 performances Summer 2012 49 performances Summer 2013 40 performances Summer 2014 34 Events Summer 2015 42 Events Summer 2016 Not Available Special Events Performances: All Event, 80 084 91,752 86,332 I 83 762 91,013 98 444 101,549 99,646 91,481 105,194 88 309 NA Sports Group 276 teams 351 teams 309 teams 300 teams 300 teams 8100 17,400 (290 17,700 23,895 19,080 (265 teams) (formerly Team Kick -It 3v3 Soccer August 5-7, 2005 6293 including August 4-6, 2006 7371 including August 3-5, 2007 6489 including August 1-3, 2008 6300 including July 31 - Aug 2, 2009 including Jul 30- Aug 1, 2010 288 Teams July 29-31, 2011 teems) July 27-29, 2012 (295 teams) July 26 - 28, 2013 (295 teams) Kick -It 3v3 Soccer Did not play in Vail Kick -It 3v3 Soccer 11,400 Kids -It 3v3 Soccer Not Available Championships etc.) spectators spectators spectators spectators spectators due to Field Constr. Commission on SneriaI Even to USA Pro Cycling Ch Ilen 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not 2010 Event did not occur Aug. 25, 2011 1 V r 30,000 2012 Event did not occur August 23, Friday 20,000 August 23, Saturday 8,000 August 23, Saturday Event did not occur August 23, Saturday Not Available Vail Jazz Foundation Jazz @the Macke[ 9 Sundays 2,700 9 Sundays 2,700 9 Sundays 2,700 9 Sundays 10 Sundays: 28- 2,700 2.700 _ Aug 29/no July 4, 3,000 Jun 26- Aug 2011 3,500 June 24 Aug. 30 1,500 (10 Sundays) 2,250 Jazz @ the Market 3,000 Jazz @ the Market 6,500 Jazz @ the Market Not Available Aug 30, 2009June (10 Sundays (J. (SSundays) Vail Jazz Foundation Jazz @Vail Square 2005 Event did not occur 2006 Event did not occur 2007 31- August 23,00111Thu Event did not occur 2008 1st r: 5 ays: Aug 6 - 5 rsdsdays, 3'0 S 3 2009 3,500 Aug 5 5 Thurur S 2 2010 2'700 July 7- Sept 1, 2011 9 Thursda 7,200 (9 Thursdays) 9,000 (9 Thursdays) 9,000 Jazz @Vail Square 9,000 Jazz @Vail Square 8,000 Jazz @Vail Square Not Available Vail Jazz Foundation Vail Jazz Pa Party S September 2-5, 2005 3,500 September 1-4, 2006 August 31- 3,500 Sectember 2007 3,500 August 29 -Sept 1, 2 3,500 Sept 3 - 7, 2009 4,000 Sep 2-6, 2010 4,800 Sept 2-5, 2011 3,200 Aug 31 -Sep[ 3, 2012 3,500 Au30 -Sept 2, 201'3 3,000 labor Day Weekend 2014 3,400 Labor Day Weekend 2015 3,500 Labor Day Weekend 2015 Not Available Lakeside Stride Vail Summer 2005 Event did not occur 2006 Event did not Occur 2007 Event did not occur 2008 Event did not Occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 2013 Event did not occur July 2, 16 2500 July 2, 16 IA 1,900 July 2, 16 NatAvailable Bluegrass Series (5) &Au9 13, 27 & 13, 27 &Au9 13, 27 Grand Traverse A v RD Keen Vail Kids Adventure 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur Aug. 7, 2010 396 Aug. 13, 2011 1,744 August 10-12, 2012 2660* Aug 8-11 6820 (2 32 t m Summer A 7-1 8495 teams) Summer A 7-1 2'700 Summer A st TIM INot Available Peak Wellness Comp -Rt events and 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2013 Event did not occur 2014 Event did not occur 2015 Event did not occur 2014 Event did not occur Aug 22-23,2015 200 2016 Not Available Retreat (EE) Women's Weekend Highline Sports & EntertainmentGourmet on Gore September 3, 2005 1 year,000 7st 2006 September 1-2, Not instituted 2 2 12,500 August 29-31, 2008 18,000 Sept 4-6, 2009 20,000 Sept 4-5, 2010 20,000-30,000 Sept.3-5, 2011 (Monday 30,000 Aug 31- Sept 3, 2012 22,500* Aug 30- Sep 2 50,000 Summer (August 29- eatember 1 25,000 Summer (August 29 Se tem r 1 9'0� Summer (August 29 er 1 Not Available HighlineSports & September 9-11 & 16-18, September 8-10 & 15- September 7-9 @ 14 September 5-7 & 12- Sept 11-13 & 18-20, Sept 10-12 & 17-19, Sept. 9-11 & 16-18, Sept 7-9 LH, Sept Sep 6-8 LH & Summer (September Summer Summer Entertainment Oktobertest 2005 40,000 17, 2006 40,000 16, 2007 40,000 14, 2008 40,000 2009 40,000+ 2010 40,000-50,000 2011 40,000 1416 W, 2012 31,000* 13-15 W 55,000 5-7, September 12- 14) 50,000 (September 5-7, Scotember 12-14) 9,300* (September 5-7, Not Available Vail Valley Concours Vail Automotive 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 2013 Event did not occur Sept. 7 8000 Sept. 7 6,500 Sept. 7 Not Available Classic Colorado Grand Colorado Grand 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 2013 Event did not occur Sept 12-13 2500 Sept 12-13 300 Sept 12-13 Not Available Eagle Valley Events Tap Shelf Harvest 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 2013 Event did not occur Sept. 27, 2014 425 Sept. 27, 2014 350 Sept. 27, 2014 Not Available The Greenspeed Pro' Outlier MTB Festival Sept 25-27 1 y 1,400 Sept 25-27 y Not Available Vail -BC Restaurant Sept 27 - Oct 6: Summer (September Summer Summer Group 970 Week 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur Inaugural year 42,211 26 October 5) 68,714 (September 26- 19,300* (September 26- Qcther 5) Not Available America Cup America Cup 2005 Even[ did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occurSept. r 2009 Even[ did not occur 2010 Event did not occur 15-18, 2011 (1st -0600 Sept. 20-23 850* Sep 30-15 196 Competitors tors (September 14 194 Competitors SummSe ter em er 9-14 600 Fl bin World Yhouth Fly Summer m tem r 9-14 Not Available Living Well Living At Your Peak 2005 Event did not occur 2006 Event did not occur 2001 Event did not occur 2008 Event did not occur 2009 Event did not occur 2010 Event did not occur 2011 Event did not occur Sept. 13-15 423 Sep 19-21 350 September 11-13 27 Invited 2015 Event did not occur 2016 Not Available 135 ForumX Unlimited Adventure Unlimited Adventure Vail Symposium Speaker Series (6 2005 Event did not occur 2006 725 2007 1,152 2008 858 2009 1,007 2010 777 2011 815 2012 671 2013: 5 in series 650 Speaker Series (6 1,240 See above see above See above Not Available each ea r each ea r Vail Valley Soccer Vail Challenge Cup October 1-2, 2005 2,200 players October 7-8, 2006 2,200 players October 6-7, 2007 2,000 players October 4-5, 2008 1,800 players Summer 2009 1,500 players Summer 2010 1980 players 3,500- October 1-2, 2011 3,100 Oct. 6-7, 2012 7,500* Oct 5-6 110 teams October 4-5, 2014 103 teams October 3-4, 2015 132 Teams October 3-4, 2015 Not Available Club 4,000 spectators 4,000 spectators 3500 spectators 3200 spectators 3,500 spectators 4000 speRaWre (no Vail fields) Ski and Snowboard Ski Swap October 28-29, 2005 3,000 October 27,28, 2006 3,000 October 26-27, 2007 3,500 November 7-8, 2008 4,000 November 2009 1,700 November 2010 2,100 October 28-29, 2011 2,862 Oct. 26-27, 2012 2,095 Oct 25-26 1,857 October 24-26, 2014 3,547 October 2015 4,184 October 2015 Not Available Club Vail Highline Sports & Daze 2005 Event did not occur ember 417, 2006 DecSnow December 3-16, 15,000 20,000 December 8-15, 2008 17,500 December 2009 20,000 December 2010 75,000 Dec. 5-11, 2011 75,000 Dec. 30-16, 2012 55,000 Dec 9-15, 2013 62,518 29-21 Dec 12-19 and 50,000 2015 50,000 2016 Not Available Entertainment (1st year) 2007 19-21 Highline Sports & Vail Family Holidaze 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Evert did not occur 2009 Event did not occur December 2010 (1st Not Available Dec. 17-25, 31 50,000 Dec. 17-25, 31, 2012 50,000 Dec 20-22, 31, 2013 8,325 2014 8,325 2015 3'200hows) 2016 Not Available Entertainment year) 1 (n0 skating s Vail Economic Indicators: Tourism Page 2 of 5 Last Modified: 7/14/2016 July 19, 2016 - Page 109 of 116 Data provided were collected by the TOV and DestiMetries in Jan. 2009 and updated in June 2015 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Sale Price Eagle County Average Sale price Willer (November'OS - Vail Economic Indicators: Real Estate (2004-2016) Winter November Winter (November'13 Annual (January'08 - Winter. (November Willer (NOVember'15 (January'10 - Assessor's Office Indicator Source Description Report Date ('05-'06) Data ('05-'06) Report Date ('06-'07) Data ('06-'07) Report Date ('07-'08) Data ('07-'08) Report Date ('08-'09) Data ('08-'09) Report Date ('09-'10) Data ('09-'10) Report Date ('10- Data ('30-'11) Report Date ('11- Data ('11-12) Report Date ('12- Data ('12-13) Report Date ('13- Data ('13-'14) Report Date ('14 Data ('14-15) Report Date ('15- Data ('15-'16) Summer (May'15 - Summer (May'16 - December'12) December'13) December'14) Vail October 06) ;1,391,526 October'07) $1,370,692 October'OB) $2,508,787 October'09) ;1,112,728.70 '10) ;2,111,644.10 October'11) $3A43,OO6 October 12)y $1,382,832 October 13)y $1,234,990 October 14)y '31) '12 '13 '14 '15 'I6 Real Estate Sales Eagle County Total number of Winter (November'05 - Winter (November'D6 - Winter (November'07 - Winter (November'08 - Winter (November'09 - April Winter, (Nover, r'10- Winter (November'll - Winter (November'12 Winter (November'13 Winter (November'14 Winter (November'15 Assessor's Office Real Estate April '06) 174 April'07) 175 April '08) 177 April '09) 97 '30) 121 April '11) 148 April '12) 151 April '13) 182 April '14) 154 -April'15) 174 -April '16) 181 Transactions within Summer (May'06 - Summer (May'07 - Summer (May'OB - Summer (May'09 - Summer (May'10 - October Summer (May'31 - Summer (May'12 - Summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - Vail October 06) 217 October.07) 158 October,08) 149 October,09) 115 '10) 195 October,11) 126 October,12) 186 October.13) 199 October.14) 197 October'15) 203 October'16) Not Available Sale Price Eagle County Average Sale price Willer (November'OS - Winter (November'Ofi - Winter (November'07 - Winter (November'08 - Winter (November'09 -April Winter (November'10 - Winter (November'll - Winter November Winter (November'13 Annual (January'08 - Winter. (November Willer (NOVember'15 (January'10 - Assessor's Office of Real Estate April'06) $1,166,249 April '07) $2,169,933 April'08) $2,258,364 April'09) $2,859,325 '10) ;1,641,593 April 11;1,78OA62 April $1,709,393 April '13) $1,423,375 April '14) $2,224,531 -April 15) $1,733,518 .April'16) $2,013,011 cember'06) transactions within Summer (May'06 - Summer (May'07 - Summer (May'08 - Summer (May'09 - Summer (May'10 - October Summer (May.11 - Summer (May'12 - Summer (May'13 - Summer (May'14 - cember'10) Summer (May'15 - Summer (May'16 - December'12) December'13) December'14) Vail October 06) ;1,391,526 October'07) $1,370,692 October'OB) $2,508,787 October'09) ;1,112,728.70 '10) ;2,111,644.10 October'11) $3A43,OO6 October 12)y $1,382,832 October 13)y $1,234,990 October 14)y ;1,584,734 October 15)y $1,786,654 October 16) Not Available Office Real Estate per April -'06') $727 April'07) $902 April $768 April '09) $1,103 '10) $791 April $809 April '12) $820 April '13) $734 April $828-April'15) $824-April'16) $777 square foot within Summer (May'16 - Summer (May'07 - Summer (May'OB - Summer (May'11 - Summer (May'10 - October Summer (May'll - Summer (May'12 - Summer (Mey'13 - Summer Summer (May'15 - Summer (May'16 - Vail n....�.e. ,n<, $831 u,.b. n-„ $726 ,...,.b. no. $1.344 u,.b. nr,. $568 ,n. $1,060 u,.b. ,,. $724 .wb.�,-,. $652 u,.b.., a. $682 ,.. $778 ...«.b. ,�. $803 n....�.e. ,,<, Not Available Dwelling Until Community Number of panuary'06 - Annual Oanuary'07 - Annual (January'08 - Annual (January '09 - (January'10 - Annual Oanuary'11 - Annual (January'12 - Annual (January'13 - Annual (January'14 - Annual (January '15 - (January '16 - Constructed Development additional dwelling cember'06) December '07) DeceMber-08) December -09) cember'10) December -11) December'12) December'13) December'14) December -15) cember'16) UnitsConstructedpartment Department units constructed fnual 9 24 7-1 �Annua'(Januay 59 [nual 89 0 0 4 fnual 8 9 Not Available within Vail Hotel/ Community Number of Annual (January '06 - Annual (Jan—y'07 - Annual (January'08 - '09 - Annual (January'10 - Annual (January'11 - Annual (January'12 - Annual (January'13 - - - Annual (January '16 - Accommodard velopment additional hotelDecember'06) December'06) December'07) December'08) December'09) December'10) December'11) December'12) December'13) December'14) December'15) December'16) UnitsConstructedpartment Pnnumity units constructed 11 77 90 �Annua'(Januay 2 3 0 �Ann""(anuary'14 0 0 �Ann""(anuary'15 0 0 NOt Available within Vail Fractional Fee Community Number of Annual (January '06 - Annual (January'07 - Annual (January'08 - Annual (January'09 - Annual (January'10 - Annual (Janua y'11 - Annual (January'12 - Annual (January'13 - Annual (January'14 - Annual (January'15 - Annual (January '15 - UDItSConstructed Development additional fractional December'06) December'07) December'08) December'09) December'10) December'l 1) December'12) December'13) December'14) December'15) December'15) Department fee units 0 0 0 0 64 0 0 0 0 0 Not Available constructed within Vail Net New Community Net New Annual panuary'06 - Annual (January'07 - Annual (January'08 - Annual (January'09 - Annual (January'10 - �Annua'(anuay'll - Annual (January'12 - Annual (January'13 - Annual (January'14 - Annual (January'15 - Annual (January '16 - Commercial Development Commercial Square December'06) December'07) December'OS) December'09) December'10) December'11) December'12) December'13) December'14) December'15) December'16) Square Footage Department Footage 9,25Osf 36,2O7sf 24,568sf 1,552sf 29,OO65f 0 0 0 6,066 1314 Not Available Constructed within Vail Vail Economic Indicators: Real Estate Page 3 of 5 Last Modified: 7/14/2016 July 19, 2016- Page 110 of 116 Data provided were collecled by the TOV and DestlMet,cs In Jan. 2009 and updated In June 2015 from a variety of secondary sources, which are thought to be accurate, but not Independently verified and best used as a general o wim as a result. Val-mlc lndatp Town Revenue July 19, 2016 -Page 111 of 11a 4nf5 U,o MMifM: 7/14/2016 Vail Economic Indicators: Town Revenue (2004-2016) Indl-, Scarce Oeacl an Date '09 -'OS Data '09 -'OS Date 'OS -'06 Data 'OS -'O6 Date 'Ofi-'0] Data 'O6-'0] Date '0]-'08 Data '0] -'OB Date 'OB -'09 Data '08-'09 Re riDebe '09-'10 Data '09-'10 Date '10-'11 w.f.10-1111 Re rtDme V11--121 Data VIV121 Re rtDme V12-'131 Data '12-'13 Re rtDme V1VJAl Data '13-14 Re rtDme VU -'1 Data '14-'15 Re rtDme V15=16 Data '15-16 R Vail Village TOV Frence Department Amount collected (USD) Winter (November'04- April'05) $1,959,692 Winter (November'05- April'06) $2,150,843 Winter (November'06- April '07) $2,235,865 Win.(November'07- April'08) #,102,116 Winter (November'08- April '09) $1,588,2]1 W".fil vember'09- Audi -10) $1,696,012 Winter (November'10- April'11) $1,958,121 W".fil vember'11- April 'I ) #.064,417 Wmer(November'12- April '13) #.242,112 Wl-r(November'13- April '19) #,519,032 Wmer(November'14- Fpnl'15) $2,815,244 Wmer(Novembw'IS - April IS #,823518 tSummw(Mdy'X5- SOmmw(MaY'O6- S.mmnw(May'07- SOmmw(MaY'W- S.mmnw(May'09- Summer(May'10- SOmmw(MaY'II- Summw(MW'12-October Summer (MW'13-October Summer(May'14-October Summer (Mai,'15-October Summer (Mai,'16-October Octobw 05) 570],4# October'06) 5709.091 October 'O]) $724.998 October '08) $868,155 October '09) Ssn.1.5 October'10) $1.9,452 October '11) $693.884 '12) $]81.808 '13 $834•]85 .lq) #51.110 .15) #97.#4 ,16) Not AValll Ilonshaad TOV Frence Amoun[oolleded Wintw(November'04- Winter(November'05- Winter(November'06- Winter(November'07- Winter (November'08- tamer (Novembw'09- Wintw(November'10- Wmer (November'11- Wimer(November'12- Wimer(Nommbw'13- W `(NoWmbw'14- Wmw(Novembw'15- T Department (USD) April '0 $699,826 April 'O6) $680.2# April '07) $704,911 April'OB) $866,906 ApfIV)) 5828.915 Anal'SO) $881456 April'11) #]7,18) Ann l'12O 29a5•o85 April '13) $983,342 April -14) $1,0.50,415 Ann, ) $1,114,990 April -16) $1,076,858 z Summer(May'05- Sumnw.Mdy'X6- Summer(Mdy'07- Sumnw.Mdy'08- Summer(Mdy'09- Summer(May'10- Sumnw.Mdy'll- Summer (May'12-October Sun, er(May '13 -October Summer (May '14 -October Sun,er(May '15 -October Sun, er(May '16 -October 8 October'OS) $146560 Odobw 06) 4154.984 Odobw 07) $151.560 Octobw N) $210,343 Odober'09) $18],1]5 October'10) $199,152 Octobw Il) #28.326 ,12) #28,588 '13 #31,636 '14) #51,848 .15), $2M,241 ,l6) Not AValll G4ca6e/E. TOV Firence pmWMC0 ec[� Winter (NOvember'04- Winter (November'OS- Winter (November'O6- Winter (NWember'01- Winter(NOvember'08- Winter (November' 09- Winter (NWember'10- Winter(November'11- Winter (N- Winter (November'13- Winter (N- WMer(November'15- Vall/Sendmar�R Department (USD) April $1,038,441 April $1,108,]81 April '07 51,141,388 April $1,182,]03 April'09) $1,153,]88 Apnl'10) EtA95,940 April'11) $1,131,]]] Apnl'12) $1,129,364 April -13) $1,165,199 ppml'14) $1,193,258 April -15) 21,22],44] Apnl'I6) 21,237,481 a W. Vail Summer(1ay'05- Summer(May'O6- Summer(May'07- Summer (May'OB- Summer(May'09- Summer (Ma,'I.- Summer (May'11- Summer (May'12-October Summer (Mai,'13-October Summar(May'14-October Summer (May'15-October Summar(May'16-October Octaber'OS) $671503 October'O6) $707,587 October'07) $]12,12) October'08) $764,]27 October'09) 4680.951 Octo ,(,M) $661,824 OC[ober'11) 5694.583 ,12) (]1],161 ,13 $]29,524 '14) 5]39,044 ,15) $]]3,0]9 ,16) NW Available Vail Villag0 TOV 1, me AnlouMcollectwi Win.,(N°vember'64- Winter (November'OS- Win.,(N°vember'06- Winter (November'07- Winter (NOvember'OB- Winter (November'09- Winter (NOvember'10- Wnter IN bar Winter (Novernber'12- Winter (November'13- Wnter INovernbar '14- Winter(Novernber'15- Departmen[ (USD) April'OS) $1,819,858 90$751'06) $2,021,]1] 90$751'07) $2,090,189 90$751'08) $2.10]$38 ,40$751'09) $1,849,345 Apnl'10) $1,]93,215 90$751'11) $2.148.434 Apnl'12) #.4]5545 Apnl-13) #.]49,31] Apnl'14) $3.05],259 peril -15) #.369,038 ppnl'16) #.504,321 d Summer (May'05- Summer(May'06- Summer(May'07- Summer(May'08- Summer (May'09- Summer(May'10- Summer(May'll- Summer (May '12 -October Summer (May '13 -October Summer (May '14 -October Summer (May'15-October Summer (May '16 -October 9 Octobw.05) $2]]498 Octobw 06) 491..552 Octobw 07) 4414,]89 Octobw N) $4x6.399 Octobw'09) #30.719 October Nay" $408,732 Octobw'11) $58],090 ,12) $690.9]8 ,13 $748,929 ,14) $845.588 ,15) $841,240 ,16) Not Available I IJonshead TOV Frence Amoun[oolleded Winter(N-wow'04- Winter(November'05- Winter (November'06- Winter (November'07- Winter (November'08- Winmr(Novembar '09- Wlntw(November'I0- tamer(November'11- Winow (November'12- Winow (N-Wr'13- Wow(N-Wr'14- tamer (N-Wr'I5- n T e Department (USD) April'OS) $1,211528 April 'O6) $1,320,180 April '07 Et,448,205 April 'OB) $1,58051] April '09) $1,961,]3] April '10) $114"'n9 April'11) $1,6]0596 An 2) 51,]54,476 April'13) 41,941519 April #,110,418 April -15) #.139521 ppnl'16) #•261568 9 Summer (May '05 - Summer(May'O6- Summer (May '07 - Summer (May'OB- Summer(May'X9- Summer(May'10- Summer(May'll- Summer (Mai,'12-O.Wr Summer (Mai,'13-October Summer (May '14 -October Summer (May '15 -October Summer (May '16 -October 5 Om w'OS $247,305 Odober'06 4282,591 October '07) #23.812 October 'W) $324,648 Om°bw I $261,2M Odtober'10 $341,]95 October 11) #61,690 '12 #8],9]8 '13 $439,932 '14 $515,516 '15 5558,829 '16 Not Available G4ca6e/E. TOV Frence pmWmC011ec[ed Winter (November'04- Winter (November'OS- Winter(N-ndther'06- Winter (Mwember'07- Winter (N°vember'08- Winter (November'09- Winter (NOvember'10- Winter (Novernber'll- Winter (Novernber'12- Winter (N- Winter (N- tamer(Novernber'15- Vall/Sand- Department (USD) April'OS) $861,]32 April '06) 5911,909 April '07) $1,082,423 April'OB) $1,091,5]9 90$751'09) $80],303 ppnl'10) En3,4n Apil'll) $818,314 Apnl'12) $835,811 Apnl'I3( $8]8,0/8 Apnl'19) $990,019 April'IS) $1,081,508 Apnl'16) 41,055,244 W. Vail Summer(May'05- Summer(May'O6- Summer(May'07- Summer (May'08- Summer(Mdy'09- Summer(May-10- Summer(May'l I- Sunww(May '12 -October Sunww(May '13 -October 9unww(May '14 -October Sunrww(May'15-October Sunww(May '16 -October Odobar'05) $2]6,491 October'06) $294,382 October'07) 5302•]]9 October" $308,427 October'09) 5219,353 ORaber'10) $237.964 October'11) #68.044 '12) #03,198 '13 #19,46] ,14) $323,888 ,l5) #35,66] ,16) Nm Available Vail Village TOV F, me Annumcollected Winter (NO rnbw'94- Winter(NWember'05- Winter(NWember'06- Winter (NWember'07- Winter(NOvember'08- Wmer(Novembar '09- Winter (NWember'10- Wnter(Novembar'It- Winter (November'12- Wnter(November'13- Winter (Novembar '14- Winter(November'15- Department (USD) April .5) 41,484,438 Al) $1.709.]91 April '07) $1A85.670 April'08) $1.84]484 April'X9) $1.853.738 Apri1'10) $15]9.881 April'll) 52.#3554 Apnl'12) #.248504 Apni-13) $2'#0.71. Apii1'14) #.508.143 April'IS) $2.1.8,445 Apnl'I6) $2.878A81 s Summer(May'05- Summer(May'06- Summer(May'07- Summw(May'X8- Surmnw(May'X9- Summer(Me,,'10- Summer(May'll- Summer (Mai,'12-October Summer (Mai,'13-October Summer (May '14 -October Summer (Mai,'15-October Summer (Mai,'16-October 8 F o Om° w 15) $]4],920 October'06) $7n.9]0 Omaber'07) $86],240 October'08) $872,567 October'09) $741,054 Odo w'10) $853,549 October'11) 41,082,988 ,12) $1,21],111 '13 $1,289,]06 ,Iq) 41,388,809 ,15) 41,508,118 '16) Not Avellebla lion6head TOVFinance Amomo llected Winter(N°vember'04- Winter(N°vember'05- Win.,(N°vember'06- Winter(N°vember'07- Winter(NOvember'08- Wnter(Novembw'09- Winter (NOvember'10- Wnter(Novernbar'It- Winter (Novernber'12- Wnter(Nov ber'13- Wnter(Nov bar'14- Winter(November'15- e Departmen[ (USD) April'OS) $388,096 90$751'06) #95,789 90$751'07) $398,3]5 90$751'08) $552,068 90$751'09) $581,408 ppnl'10) $586,820 90$751'11) $612,942 Apnl'12) 5636,210 Apnl'13) 5649,431 ppnl'19) $681,901 ppnl'IS) 4630.228 Apnl'16) $654,3]3 d , Summer(May'05- October'OS) $161,611 Summer(May'O6- October'06) Y1M,764 Summer (May'07- Octobw 07) $22],658 Summer (May'08- Octobw N) E308,M8 Summer(May'09- Octobw N) $245,649 Summer (M) 'to- October 10 $2]8,229 Summer(May'll- Odobw 11) #8],316 Summer(May'12-October ,12) #56,930 Summer(May'13-October '13 #64,913 summer(May'14-October '14) $/00,03] Summer (May'15-October .l5) $/09,163 Summer(May'16-October ,16) Not Available 6 9 a x Cascade/E. Vatl/Swelsbame TOV Frence Department Amoun[ooll-ed (USD) Winter (November'04- April'05) $2e2,3n Winter (November'05- ,40$751'06) $427.585 Winter (Novem w'06- April #�`•`•i09 Winter (November'07- April'OB) $419,424 Winter (November'08- ,40$751'09) 435].1.9 Wmer(November'09- April '10) E#0,85] Winter (Novem w'10- 90$751'11) #25.289 Wmer(Novembw II- April '12) $341.392 tamer(November'12- April'13) #1.•M] Wimer(November'13- April'19) 5406.108 Wimer(November'14- April'15) $457.380 tamer(Novembw'IS- Apnl'16) $446.184 W. Vail Summer(May'05- $308,833 Summer (May'O6- #21,019 Summer (May'O7- 2225'261 Summer (May'OB- 5286,244 Summer (May'09- $228,9]9 Summer (May'10- $255,14] Summer (May'll- 2268'527 Summer (May'12-October 2283.365 Summer (May'13-October #05,660 Su,nmr(May'14-October #21,]39 Summer (May'IS-October #2],081 Summer (May'16-October Not Available Om°ber'OS October 06) Omaber'O) Odober'08 Oc[ober'09 Odnber'10 Om°ber'11 ,12 ,13 ,14 ,15 ,16 TOV F, me Sales be. % Full Year 2005 vs. full yew Full Year 2006 vs. full yew Full Year Sales Tax Full Year Sales Tax Full Year Sales Tax Full Year Sales Tax FUII Year Sales Tax Nil Year Sales Tax Full Year Sales Tax Full Year Sales Tax Nil Year Sales Tax Full Year Sales Tax Department Increase 2004 6.6% 2005 8.2% Increase (Decrease) 6.0% Increase (Decrease) 3.8% Increase (Decrease) -13.8% Increase (Decreace) 4.51 Increase (Decrease) 104% Increase (Decrease) 2.4% Increase (Decrease) 9.7% Increase (Decrease) 8.6% Increase (Decrease) 72% Increase (Decrease) Not Avellebla Tool Sales Taz vs. Inflation ae CPt o Increase Full Year 2005 vs. full year Full Year 2006 vs. full yew Full Year CPI Increase Full Year CPI Increase Full Year CPI Increase Full Year CPI Increase Full Year CPI Increase Full Year CPI Inomase Full Year CPI Inomew Full Year CPI Inomew Full Year CPI Inomew Nil Year CPI Increase Measured by CK 20X9 3.9% 2005 3.2% (Decrease) 2.BWo (Decreace) 3.8% (Decreau) -0.9% (Deome.) 1.6% (Decreau) 12% (Dean..) 2.1% (Decrease) 1S% (Deon..) 1.6% (Decrease) 0.1% (Dean..) Not Available Sales be. better Full Year 2005 vs. full year Full Year 2006 vs. full yew Sales Tax Better (Worse) Sales Tee Better (Worse) Saks Tax Better (Worse) Sales Tax Better (Worse) Saks Tax Better (Worse) Sales Tax Better (Worse) Sales Tax Better (Worse) Sales Tax Better (Worse) Sales Tax Better (Worse) Sales Tax Better (Worse) (woae) Nan 20X4 3.2% 2005 SM Than Inflation 3.2% Than Inflation 0.0% Than Inflation -13.4% Than Inflation 2.9% Than Inflation 75% Than Inflation 05% Than Illation 92% Than Inflation 7A% Than In%ti°n 7.1% Than Inflation Not Available inflation TOV Fnnce Tmal conrtmdi0n Annual (]anuary'OS- Annual (]anuary'O6- Annual(]anuary'X7- Annual (]anuary'08- Annual (]anuary'09- Annual (]anuary'10- Annual (]anuary'll- Annual (January'12- Annual (]anuary'13- Annual (]anuary'14- Annual (]anuary'IS- Annual (]anuary'16- GnslmetionUsaTaz 0epartment use bxes December'OS) Not implemented pecember'06) Na impbmentetl December'07) Not implemented December'OB) $1.2089 December'09) $713,M2 Derember'10) $1.102.115 December'11) $721.0# Decembei'12) $1,221,730 Decembw'13) $1,380585 Dareinber'Iq $1,803,459 Decembw'15) #,2295de Decembw'16) Not Avellebla TOV Frence Total property Annual (January'OS- Annual (January'O6- Annual (January'07- An"'er'O7) Annual (January'OB- Annual (January'09- Annual (]anuary'10 - Annual (January'll - Annual (January'12- Annual (Janumy'13 - pnnual (Janunry'14- Annual (]anuary'15 - Annual (]anuary'16- TOtalprppertyTiz Department taxes cdlected Decembw'05) $2,469,629 December'06) 52,]51,033 $2,830,331 Dwwrber'OB) $4,092,16] December.09) 9/,117,41] Dxember'10J $4,]82,945 December'11) 51,866$5/ December'12) $4,157,278 Derember'13) $4,227,966 December'14) $4,358,/11 December'15) 51,389591 December'16) Not Available TOV Firence Total Real Estate Annual (3many'05- Annual (January'O6- Annual (1anuary'07- Annual (January'W- Annual (January'09- Annual (January'10 - Annual (January'11- Annual (Janunry'12 - Annual (Janunry'13 - Annual (Janunry'14- Annual (Janunry'15 - Annual (Immary'16- TotalRealEstateTransferTaa Department Transfer Tax December'OS) 56,206,058 December'06) 26,239,]M December'O7) 26,536,118 December'OB) $9,81,817 December'09) #,513,481 Dxember'l0J 58.850,701 December -11) 44.403,706 Dxember'12) $4,52,837 Dxember'13) 49,]25,589 Dxember'14) 46•gg91/g December'15) 46.965,617 December'16) Not Available collected TOV Frence Genal FUM As of December 31, 2005 As of Derember 31, 2006 General Fund Balance as General Fund Balance as General fund Balance as Genal FUM BaWnce as General Fund Balance as Genal FUM BaWnce as General FUM BaWnce as General FUM BaWnce as General FUM BaWnce as Genal FUM BaWnce as Town Reserves 0epartment Year -End Baknce 513,6]3,808 535,433,051 °f December 31, 200] 519,834,]1] of December 31, 2008 923,002,886 of December 31, 2009 $23,1]3,41] °f December 31, 2010 822,886,692 of December 31, 2011 523 546,285 of December 31, 2012 $23.4035# of December 31, 2013 $16,401,973 of December 31, 2014 $18 687523 of December 31, 2015 $23,622508 of December 31, 2016 Nm Available Val-mlc lndatp Town Revenue July 19, 2016 -Page 111 of 11a 4nf5 U,o MMifM: 7/14/2016 Eagle County Data provided were collected by the TOV and DestiMetrics from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. $1,373,139,000 107) 1 $1,491,847,000 08) 1 $1,459,685,000 109) 1 $1,449,899,000 Vail Economic Indicators: Business Growth (2004-2016) $1,409,032,000 I11) 1 $1,370,268,000 12) 1 $1,385,085,000 I13) 1 $1,422,107,000 14) 1 $1,556,419,000 I15)16 $1,700,886,000 1-16) 1 Not Available Unemployment Colorado Unemployment rate Annual as of July '06) Winter(November'06- Winter(November '07- (as of July '07) Winter INovember'08- (June '07 - July Winter(November'10- Winter(November'11- Annual(June'09-July Wime,1 INovember'12- Annual(June'10-July Wioter(November'13- Winter (November'14- Winter(November'15- Winter(November'14- Winter(November'15- Annual(July'l2-June Board Annual(July'13-June April'06) 104.6 Annual(July'l4-June 77.8 Annual(July'l5-June 35.3 Apol'30) Rate Department of Labor In Eagle County Annual (]anuary'06 - pmer(November'13- 65.8 Apol'14) Annual (January'07 - April'15) 97.1 Apol'16) Annual (January'O8 - ppril'15) $0.87 APnI'16) Annual (January '09 - Annual (January'10 - Summer (May'06 - Annual (January'll - Summer (May'06 - Annual (January'12 - Summer (May'10 - Annual (January'13 - Summer (May'll - Summer (May'12 - Annual (January - Summer (May'13 - Annual (lanuary'15 - summer (May'13 - Annual (January '16 - Summer (May'14 - -Loral Area in Eagle County December'06) 3'4% December'07) 2'9A December'OB) 3'6Wo December'09) 7.4% December'10) 9'5ry° December'11) 8.5% DecemDer'12) 7'80% December'13) 6'80^/° December'14) 4'20% December 3.10% December'16) Not Available Unemployment Employmen! Colorado Estimated number Annual as of July '06) Winter(November'06- Winter(November '07- (as of July '07) Winter INovember'08- (June '07 - July Winter(November'10- Winter(November'11- Annual(June'09-July Wime,1 INovember'12- Annual(June'10-July Wioter(November'13- Winter (November'14- Winter(November'15- Winter(November'14- Winter(November'15- Annual(July'l2-June Board Annual(July'13-June April'06) 104.6 Annual(July'l4-June 77.8 Annual(July'l5-June 35.3 Apol'30) Estimates Department of Labor of people employed Annual (January'06 - pmer(November'13- 65.8 Apol'14) Annual (January '0 - April'15) 97.1 Apol'16) Annual (January'08 - ppril'15) $0.87 APnI'16) Annual (Janus ry'09 - Annual (]"'ary'10 - Summer (May'06 - Annual (Janus ry'31 - Summer (May'06 - Annual (January'12 - Summer (May'10 - annual (January'13 - Summer (May'll - Summer (May'12 - Annual (January'14 - Summer (May'13 - Annual (January'15 - summer (May'13 - Annual (January'16 - Summer (May'14 - -Local Area in Eagle County December'06) 29'127 December'07) 30'300 December'OB) 30,477 December'09) 27'961 December'10') 26'582 December'11) 26'884 December'12) 27'388 December'13) 28'445 December'14) 31'357 December'15) 31,883 December'16) Not available Unemployment population C010111111ale Number of Annual as of July '06) Winter(November'06- Winter(November '07- (as of July '07) Winter INovember'08- (June '07 - July Winter(November'10- Winter(November'11- Annual(June'09-July Wime,1 INovember'12- Annual(June'10-July Wioter(November'13- Winter (November'14- Winter(November'15- Winter(November'14- Winter(November'15- Annual(July'l2-June Board Annual(July'13-June April'06) 104.6 Annual(July'l4-June 77.8 Annual(July'l5-June 35.3 Apol'30) Estimates Government, estimated full-time April '13) pmer(November'13- 65.8 Apol'14) 78.8 April'15) 97.1 Apol'16) 'OB) ppril'15) $0.87 APnI'16) ) '10) Summer (May'06 - '11) Summer (May'06 - Annual (]une'11 -July'14) Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - '15) summer (May'13 - '16) Summer (May'14 - Department of Local residents in Vail ORober'06) 104.7 4,812 �Annual 4,871 �Annual 4,960 fnual(June'08-July 5,027 5,278 M. October'14) 5,242 ,12) 5,252 October 14) 5,289 October 15) $0.90 October 16) 5,320 Not Available Nol Available Affairs qMj&Vail EcanOmiC Indicators: Macroeconomic (2004-2016) Indlcatar Source Description Report Date ('05-'06) Data ('05-'06) Report Date ('06=07) Data ('06-'07) Report Date ('07 '08) Data ('02'08) Report Date ('08-'09) Data ('08-'09) I Report Date ('09210) 1 Data ('09-'10) ReportDate ('10-'11) Data ('10-'11) Report Date ('11-'12) Data ('11= 12) Report Date ('12-'13) Data ('12-'13) Report Date ('13214) 1 Data ('13-14) Report Date ('14-'15) Data ('14-'15) I Report Date ('15-'16) Data ('15-'16) Consumer US Conference Consumer Winter(November'05- Winter(November'06- Winter(November '07- Winter INovember'08- Winter(November'09- Winter(November'10- Winter(November'11- Wime,1 INovember'12- Wioter(November'13- Winter (November'14- Winter(November'15- Winter(November'14- Winter(November'15- Confidence[ndea Board Confidence Index April'06) 104.6 gprll'07) 107.8 Apol'08) 77.8 Aprll'09) 35.3 Apol'30) 82.9 April'11) 62.3 Apol'12) 65.2 April '13) pmer(November'13- 65.8 Apol'14) 78.8 April'15) 97.1 Apol'16) 95.2 ppril'15) $0.87 APnI'16) $0.91 Summer (May'06 - Summer (May'07 - Summer (May'D6 - Summer (May'06 - Summer (May'09 - Summer (May'10 - Summer (May'll - Summer (May'12 - Summer (May'13 - Summer (May'14 - summer (May'13 - Summer (May'15 - Summer (May'16 - Summer (May'14 - Summer (May'15 - Summer (May'16 - ORober'06) 104.7 October 07) 104.4 October'08) 52.6 October'09) 51.2 October'10) 53.3 October'11) 51.8 October'12) 65.9 October'13) M. October'14) 82.9 October'15) 98.1 October'16) Not Available U5 Dollar vs. Euro US Federal Reserves US Dollar vs. Euro INovember'OS- Wlnter(November '06- Wlnter(November'08- Winter(November'09- Winter(November'10- Winter INovember'll- Winter November Wioter(November'13- Winter(November'14- Winter(November'15- Apmer April'O6) $1.20 April '07) poter(November'07- $1.32 APnI'OB) $1.50 April '09) $1.31 April -10) $1.41 ppril'11) $1.37 APnI'12) $1.32 APril'13) $1.31 APnI'14) $1.37 ppril'15) $0.87 APnI'16) $0.91 Summer (May'06 - Summer (May'07 - Summer (May'08 - summer (May'09 - Summer (May'10 - Summer (May'11 - Summer (May'12 - summer (May'13 - Summer (May'14 - Summer (May'15 - Summer (May'16 - October'06) $1.27 October 07) $1.37 October 08) $1.49 October 09) $1.42 October 10) $1.29 October 11) $1.41 October 12) $1.26 October 13) $1.33 October 14) $1.31 October 15) $0.90 October 16) Nol Available Vail Economic Indicators: Business Growth_ Macro Econ Page 5 of 5 Last Modified: 7/14/2016 July 19, 2016 - Page 112 of 116 TOWN OF VAR' VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Sales Tax Exemption / Rebate Topic ACTION REQUESTED OF COUNCIL: Council direction about scheduling this topic for further review and discussion at a later date. BACKGROUND: There was a recent email from Vail resident about a request that Vail Town Council consider a discussion about sales tax on groceries. ATTACHMENTS: Description Sales Tax Rebate Memorandum July 19, 2016 - Page 113 of 116 TOWN OF TO: Vail Town Council FROM: Finance Department DATE: July 19, 2016 SUBJECT: Sales Tax Rebate I. SUMMARY In response to a citizen comment regarding the high cost of living in Vail for employees, information was requested regarding the potential of an exemption or rebate of Vail's 4% sales tax rate charged on food purchased at grocery stores for local employees. II. DISCUSSION The exempting of local workforce from sales tax on groceries is not an option for the town because taxes in general have to be applied in a uniform manner from a legal standpoint. Another option to achieve the same goal may be an annual rebate issued to qualifying residents. A few Colorado resort towns have already implemented a sales tax rebate for locals. Below is a chart outlining each rebate program: Municipality Type & Amount of Who Qualifies? Timing Rebate Fort Collins Approx. $55 food Annual household Aug 1 — Oct 31 sales tax rebate per income less than 50% household member of AMI Aspen / Pitkin County $50 food sales tax Must be a registered Forms must be turned refund per person per voter in City of Aspen in Jan 1 —April 15 year (qualified prior to Jan 1St of dependents per previous year federal tax return Snowmass $50 sales tax rebate All full time residents Deadline to apply is living in town during March 18 the entire year A $50 sales tax rebate would equate to the amount of sales tax paid on $1,250 of groceries. Is Council interested in directing staff to inquire further into the details of the programs within the above communities, specifically feedback from the community, challenges / lessons learned and estimated costs to implement such a program. July 19, 2016 - Page 114 of 116 TOWN OF VAR' VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Homestead Exemption for Residents ACTION REQUESTED OF COUNCIL: Council direction about scheduling this topic for further review and discussion at a later date. July 19, 2016 - Page 115 of 116 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Recess at 3:40 p.m. TOWN Of VAJL' July 19, 2016 - Page 116 of 116