HomeMy WebLinkAbout1979-11 Amending the Vail Municipal Code by the Addition of Chapter 18.44 Establishing a Public/Private Joint Venture Program for the Joint Funding of Capital Improvementsd
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ORDINANCE NO. ~~
Series of 1979
A ORDINANCE OF THE TOWN COUNCIL AMENDING
THE VAIL MUNICIPAL CODE BY THE ADDITION OF
CHAPTER 18.44 ESTABLISHING A PUBLIC/PRIVATE
JOINT VENTURE PROGRAM FOR THE JOINT FUNDING
OF CAPITAL IMPROVEMENTS; SPECIFYING ELIGIBILITY
OF CAPITAL PROJECTS, APPLICANTS AND COSTS;
DETERMINATION OF FUNDING BY THE DESIGN REVIEW
BOARD AND PLANNING COMMISSION; PROVIDING FOR
YEARLY REVIEW; AND SETTING FORTH DETAILS
IN RELATION THERETO.
WHEREAS, the Town Council has previously set aside funds
to be used as the Town's share of joint capital improvements; and
WHEREAS, the Town Council wishes to set forth the
procedures and regulations for said program;
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF
THE TOWN OF VAIL, COLORADO, THAT:
Section 1: The Vail Municipal Code is hereby amended
by the addition of Chapter 3.44 to read as follows:
CHAPTER 3.44 PUBLIC/PRIVATE JOINT VENTURE PROGRAM
3.44.010 PUBLIC/PRIVATE JOINT VENTURE PROGRAM-ESTABLISHED
There is hereby established a public/private joint
capital improvement program.
3.44.020 FUNDING
The Town of Vail's funding of the joint venture
may be provided in each yearly budget.
3.44.030 TYPES 0~' PROJECTS
The Town may provide partial funding for joint public/
private capital improvements projects on public and/or
private property that serve the community's needs.
Such projects may include (but are not limited to) land-
scaping, beautification, Trash collection areas located on
Town of Vail property, drainage projects,
lighting, improvement of pedestrain ways, and
public recreation amenities.. Any capital improvements on
private property which have been required as part of an
approved site plan and has been reviewed by the Design
Review Board shall not be eligible for this joint venture
program.
3.44.040 PARTICIPANTS
Any person or entity paying real or personal property
taxes to the Town of Vail may apply for participation
in the joint venture program, and any tenant or manager
who has the authorization of the property owner may apply
for participation in the joint venture program, and any
tenant or manager who has the authorization of the property
owner may apply for participation in the name of the
property owner.
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3.44.050 TOWN'S PARTICIPATION
A. The Town's share of the joint venture project's
funding shall be determined by the Planning
Commission as provided in paragraph (C) below.
Application forms shall be provided by the
Department of Community Development. At the
time an application is filed with the Department
of Community Development, the applicant shall
attach thereto a proposed cost budget for the
project (which may include design, architectural
and engineering costs) and the proposed Public/
private shares.
B. For approved joint venture projects, the Town
will reimburse the applicant for its share of the
project expenses after the completion of the
project. The Town's share shall be a percentage
of the total project cost up to but not to exceed
a maximum amount. The applicant shall document
the project expenses by submitting to the Town
bills, receipts, or invoices for the project
expenses or such other information or documentation
as any be required by the Town.
C. Applications for participation in this program
shall be submitted to the Department of Community
Development. The Town of Vail staff shall review
all applications and shall then submit to the
Design Review Bord all applications and recommend-
ations relating thereto. The Design Review Board
shall then review the applications and the staff's
recommendations and make recommendations to the
Planning Commission as to the proposed projects
that the Town should participate in and the amount
of the Town's share in each recommended project.
The Planning Commission shall review all applications
and reports and make a final determination of the
projects to be funded and the amount of the Town's
share.
D. The evaluation of the proposed projects by the staff,
Design Review Board, and Planning Commission shall be
done on the Project Evaluation Forms hereby approved.
The areas of evaluation being: (a) project location
and visibility from public rights-of-way; (b) type
of project; (c) general design quality; (d) seasonal
use of project; (e) energy and resource conservation;
and (f) ease of maintenance. In addition thereto,
project cost and proposed cost division between the
Town and the applicant shall be considered.
E. The Town shall not pay or be responsible for operat-
ing or maintenance costs of the project after the
initial construction costs.
INTRODUCED, READ ON FIRST READING, APPROVED, AND ORDERED
PUBLISHED ONCE IN FULL, this 6 day of March,1979. A public hearing
shall be held hereon on the 20 day of March, 1979, at the regular
meeting of the Town Council of the Town of Vail, Colorado, in the
Municipal Building of the Town.
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ATTEST:
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Mayor /
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Town G~1
Page 3
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INTRODUCED, READ, ADOPyT~ED AN~~DQENACTED ON SECOND READING
AND ORDERED PUBLISHED ~(iI. (X, Q~'w~~tr THIS ~i~ DAY
OF !~ UI Q,~h. Nan 19 7 ~ .
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ATTEST:
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May r G ~
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To~1"i Clerk