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HomeMy WebLinkAbout2019-02-26 VLHA Meeting Results Vail Local Housing Authority Meeting Results February 26, 2019 3:00 PM Housing Department -West Building, Large Conference Room 75 S. Frontage Road -Vail, Colorado, 81657 Members Present:Members Absent: Steve LindstromMary McDougall James WilkinsMolly Morales Francisco Meza 1.Call to Order 1.1. Lindstrom called the meeting to order at 3:30PM. Members present Lindstrom, Meza, Wilkins. Mary McDougalland Molly Morales absent. Staff present:Lynne Campbell, Housing Coordinator and George Ruther, Housing Director (via conference call). PublicPresent: Jenya Berino Bret Burton 2.Citizen Participation 2.1.Citizen Participation Ms. Berino introduced herself stating is grew up in Vail and has moved back to work as alocal real estate attorney. Sheexpressed her interest to live in Vail. Ms. Berino provided the Authority with details regarding her purchase and desire to place a deed-restriction on this property. Lindstrom thanked Ms. Berino for coming to the meeting and explain how the process is reviewed in executive session as it is a negotiation. Ruther asked if there is a finance contingencyon her purchase. Berino said the sale is contingent upon receiving Vail InDEED funds with the contract deadline ofMarch 22, 2019with closing in April. Citizen participation continued as Bret Burton arrived 3:55PM. He is a Vail InDeed applicant arrived asking if the Board needed anything else from him. He is a local investor who owns st several long term rental properties. Currently he is scheduled to close April 1. He provided additional research regarding the property and explained how the real estate transaction is occurring. Burton was requesting additional funding versus what was offered by the Board at the February 12 the meeting. 3.Approval of Minutes 3.1.Approval of February 12, 2019 Meeting Results MOTION: MezaSECOND:WilkinsVOTE:3-0to approve 4.Main Agenda 4.1.Resolution No. 6, Series of 2019, A Resolution Approving a Deed RestrictionPurchase Agreement. Presenter: Lynne Campbell, Housing Coordinator MOTION: MezaSECOND:WilkinsVOTE:3-0to approve 4.2.Resolution No. 7, Series of 2019, A Resolution Approving the Replacement of a Type II Employee Housing Unit RestrictiveCovenant with a Town of Vail Deed Restriction. Presenter: Lynne Campbell, Housing Coordinator MOTION: MezaSECOND:WilkinsVOTE:3-0to approve 4.3.Discussion of Long Term Funding Source Options. Presenter: David Cunningham, Summit Information Services and David Flaherty, Magellan Strategies David Flaherty with Magellan Strategies was in attendance. He received the uploaded housing documents and copy of finance sheet showing options. Flahertywill compose a survey for the public. He would like to have financial facts at the ready for the Board conversations with 2-3 super voters they know. He says voters want to know how the change will affect them personally. His hope is for the Board to alleviate the unknown of a tax increase. Educate the respondents. Use language the general public understands. The Board asked how theyapproach the Vail educated voters.How does the Board get value information from them? Flaherty will suggest some thoughts how to address super voters. Hewill provide a draft by Friday, March 1. 5.Executive Session 5.1.Executive Session per C.R.S. §24-6-402(4)(a)(e) -to discuss the purchase, acquisition, lease, transfer, or sale of property interests and to determine positions, develop a strategy and instruct negotiators, regarding: submitted Vail InDEED applications and program details. Presenter: Lynne Campbell, Housing Coordinator 5.2Wilkins motioned to exit the regular meeting and enter executive session per C.R.S. §24-6-402(4)(a)(e) -to discuss the purchase, acquisition, lease, transfer, or sale of property interests and to determine positions, develop a strategy and instruct negotiators, regarding: submitted Vail InDEED applications and program details. MOTION: WilkinsSECOND: MezaVOTE: 3-0to approve 5.1. Any Action as a Result of Executive Session. Wilkins recommend staff move forward with Vail In Deed applicationsas reviewed in executive session. 6.Adjournment 6.1.Adjournment 5:00PM MOTION: WilkinsSECOND: MezaVOTE: 3-0to approve 7.Future Agenda Items Housing Data East Vail ParcelUpdate West Vail Master Plan Discussion Housing Sites Civic Area Plan 8.Next Meeting Date 8.1.Next Meeting Date March 12, 2019 Meeting agendas and materials can be accessed prior to meeting day on the Town of Vail websitewww.vailgov.com. All housing authority meetings are open to the public. Times and order of agenda are approximate, subject to change, and cannot be relied upon to determine at what time the Vail Local Housing Authority will discuss an item. Please call (970) 479-2150 for additional information. Please call 711 for sign language interpretation 48 hours prior to meeting time. Housing Department