Loading...
HomeMy WebLinkAbout2019-08-20 Agenda and Supporting Documentation Town Council Meeting Evening Meeting Agenda VAIL TOW N COUNCIL REGULAR MEETING Evening Agenda Town Council Chambers 6:00 PM, August 20, 2019 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 will be taken on each agenda item. Citizen participation offers an opportunity for citizens to express opinions or ask questions regarding town services, policies or other matters of community concern, and any items that are not on the agenda. Please attempt to keep comments to three minutes; time limits established are to provide efficiency in the conduct of the meeting and to allow equal opportunity for everyone wishing to speak. 1.Citizen Participation (10 min.) 2.Appointments for Boards and Commissions 2.1.Design and Review Board (DRB) Appointment 5 min. Presenter(s): Dave Chapin, Mayor Action Requested of Council: Motion to appoint one member to serve on DRB for a partial six month term ending March 31, 2020. 3.Consent Agenda (5 min.) 3.1.July 2, 2019 Town Council Meeting Minutes 3.2.July 16, 2019 Town Council Meeting Minutes 3.3.Bridge Road Creek Access and Stabilization Construction Contract Presenter(s): Gregg Barrie, Vail Public Works Background: Staff is requesting approval of a Construction Agreement with Diggin It Riverworks, Inc. for the construction the Gore Creek Access and Stabilization Project at Bridge Road. The area near the Bridge Road bridge has long been used by boaters to access Gore Creek. The construction of a new bridge will eliminate the existing informal put-in. The proposed project will provide an improved boater put-in, an equipment drop-off area and a new soft-surface trail to access the put-in. 3.4.Resolution No. 34, Series of 2019 A Resolution adopting the Colorado Communities for Climate Action Policy Statement for 2019-2020 and setting forth details in regard thereto. Presenter(s): Kristen Bertuglia, environmental sustainability manager Background: The Town of Vail is a member of the CC4CA, a consortium of 28 Colorado cities and counties working toward state policy toward August 20, 2019 - Page 1 of 77 actions that reduce climate change and its impacts on our communities. The Policy Statement is established by the CC4CA Steering Committee by unanimous consent, and approved each year by all communities. The Policy Statement covers the same general Policy Principals and has maintained many Policy Positions from 2018-2019. It has added the following policy positions: Supporting a public process for evaluating retail energy choice options for local jurisdictions. Increasing multimodal transportation funding. Incentivizing and selecting mobility alternatives. Reducing the use of disposable/single-use products and promoting reuse. Fostering infrastructure and programs for recycling and composting. Promoting proactive programs and efforts that improve the resilience and adaptability of Colorado communities in the face of natural disasters. Optimizing the potential for carbon sequestration through regenerative agriculture, improved soil health, and forest management. Incorporating equity, accessibility, and just transition consideration into climate policies and actions. Encouraging investments that achieve climate-positive solutions. Staff Recommendation: Staff recommends the Town Council approve Resolution No. 34, Series of 2019. 4.Town Manager Report (5 min.) 5.Presentations / Discussion 5.1.Presentation of the findings of the “2019 Economic Values and Community Benefits of Vail’s Investment in Deed-Restricted Homes Report”. 60 min. Presenter(s): George Ruther, Housing Director and Andrew Knudtsen, Economic & Planning Systems Action Requested of Council: No Action is Required Background: The Report was commissioned at the direction of the Vail Local Housing Authority and completed by Economic & Planning Systems. Funding for the Report was provided by the Vail Local Housing Authority. The Report is intended to help direct housing policy and serve as a framework for decision makers when deciding on matters related to investing in deed-restricted homes in Vail, and to a lesser extent, the greater region. 6.Action Items 6.1.Recommendation for Eligibility in the Vail InDEED Deed Restriction Purchase program 15 minutes Presenter(s): George Ruther, Housing Director Action Requested of Council: Does the Vail Town Council support the recommendation of the Vail Local Housing Authority? If so, shall staff take the steps necessary to clarify the boundaries for participation to include areas of unincorporated Eagle County within the Gore Valley, east of Dowd Junction? Background: Please refer to the staff memorandum to the Vail Local Housing Authority dated, August 7, 2019 for background information (attached). Staff Recommendation: The Vail Local Housing Authority (VLHA) unanimously recommends that the Vail Town Council ratifies the determination of the VLHA that the property located at 3073 Bellflower Drive August 20, 2019 - Page 2 of 77 is eligible for participation in the Vail InDEED program. 7.Adjournment 7.1.Adjournment 7:30 p.m. estimate 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 High Five Access Media and available for public viewing as the meeting is happening. The meeting videos are also posted to High Five Access Media website the week following meeting day, www.highfivemedia.org. Please call 970-479-2136 for additional information. Sign language interpretation is available upon request with 48 hour notification dial 711. August 20, 2019 - Page 3 of 77 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Design and Review Board (DRB) Appointment PRESENTER(S): Dave Chapin, Mayor ACTION REQUESTED OF COUNCIL: Motion to appoint one member to serve on DRB for a partial six month term ending March 31, 2020. August 20, 2019 - Page 4 of 77 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: July 2, 2019 Town Council Meeting Minutes ATTACHMENTS: Description July 2, 2019 Town Council Meeting Minutes August 20, 2019 - Page 5 of 77 Town Council Meeting Minutes of July 2, 2019 Page 1 Vail Town Council Meeting Minutes Tuesday, July 2, 2019 6:00 P.M. Vail Town Council Chambers The regular meeting of the Vail Town Council was called to order at approximately 6:00 P.M. by Mayor Chapin. Members present: Dave Chapin, Mayor Jenn Bruno, Mayor Pro Tem Kevin Foley Kim Langmaid Jen Mason Greg Moffet Members absent: Travis Coggin Staff members present: Patty McKenny, Interim Town Manager Matt Mire, Town Attorney Tammy Nagel, Town Clerk 1. Citizen Participation Peggy Wolf, Highline Sports and Entertainment, invited council to participate in the 4th of July America Days parade. Wolf stated this year’s parade theme was A Tribute to the 10th Mountain Division. Beth Slifer, Vail resident and VLMDAC Chair, spoke to council regarding the Civic Plan development. Slifer stated Vail needed a well designed multi-use facility and that she hoped council would take a risk on Vail. Pam Stenmark, East Vail resident, spoke to council regarding the Booth Heights development and the Town Manager search. Stenmark requested council look at all the options for an employee housing development and to remember their mission statement. Additionally, Stenmark questioned the Town’s transparency and stated the Council needed to serve the community and be trusted. 2. Appointments for Boards and Commissions 2.1. Vail Local (Liquor) Licensing Authority Appointments Presenter(s): Dave Chapin, Mayor Action Requested of Council: Appoint two people to serve on VLLA for two- year term ending May 31, 2021. Bruno made a motion to appoint Bob McKown and Meghan Del Sole to serve on the Local Licensing Authority for a two-year term ending May 31, 2021; Moffet seconded the motion passed (6-0). 3. Consent Agenda August 20, 2019 - Page 6 of 77 Town Council Meeting Minutes of July 2, 2019 Page 2 3.1. June 4, 2019 Town Council Meeting Minutes Moffet made a motion to approve the June 4, 2019 Town Council meeting minutes; Bruno seconded the motion passed (6-0). 3.2. June 18, 2019 Town Council Meeting Minutes Moffet made a motion to approve the June 18, 2019 Town Council meeting minutes; Bruno seconded the motion passed (6-0). 3.3. Resolution No. 30, Series of 2019, A Resolution Approving an Intergovernmental Agreement Between Eagle County, Colorado and the Town of Vail for Acquisition and Management of 3785 Lupine Drive Moffet made a motion to approve Resolution No. 30, Series of 2019; Bruno seconded the motion passed (6-0). 3.4. Award a contract to Rock Solid Solutions for the Timber Ridge Rockfall Mitigation work. Background: The Timber Ridge Operating Committee sought proposals from qualified contractors for the stabilization of the rock outcroppings above the town-owned Timber Ridge Village Apartments. A total of up to $400,000 has been budgeted for completion of rockfall stabilization mitigation work. Rock Solid Solutions Corporation of Parachute, Colorado has submitted a proposal for the completion of the required scope of work. Similar mitigation work was successfully completed by the Town of Vail on the hillside above the Lions Ridge Apartments. Staff Recommendation: Authorize the Town Manager to enter into an agreement, in a form approved by the Town Attorney, with Rock Solid Solutions Corporation to complete the Timber Ridge Village Apartments rockfall stabilization mitigation work in the amount not to exceed $350,000. Moffet made a motion to authorize the Town Manager to enter into an agreement with Rock Solid Solution Corporation to complete the rockfall stabilization work at Timber Ridge Village Apartments not to exceed $350,000; Bruno seconded the motion passed (6-0). 4. Town Manager Report 4.1. Update on Guest Experience Initiative "Bolster Early Winter Season Economy with Re-Imagination of Thanksgiving Holiday" Presenter(s): Patty McKenny, Interim Town Manager, Mia Vlaar, Economic Development Director Action Requested of Council: Council feedback on the initiative currently being developed for Thanksgiving holiday week. August 20, 2019 - Page 7 of 77 Town Council Meeting Minutes of July 2, 2019 Page 3 Background: Provide an update about one of the Town of Vail and Vail Mountain guest experience initiatives associated with the Thanksgiving Holiday week activation. Patty McKenny, Interim Town Manager, provided an update on the town's guest experience initiative project staff has been working on with Vail Resorts. The 2019-2020 winter opening date on Vail Mountain is November 15 and the 15 day initiative involved a re-imagination of the Thanksgiving holiday. Funding target for Thanksgiving activation proposals is between $50,000 and $100,000 to be reviewed by Commission on Special Events. McKenny asked council for feedback on an approach and funding range for the initiative. Councilmembers acknowledged that the RFQ was exploratory in nature and was not a commitment. Overall Council agreed this time of year needed activation and was comfortable with moving forward with the RFQ. Council requested more information be provided at the July 16 meeting. 5. Presentations / Discussion 5.1. Feedback from Economic Development Boards & Commissions about Civic Area Master Plan (including Vail Local Market Advisory Council and Commission on Special Events) Presenter(s): Mia Vlaar, Economic Development Director Background: As part of the public engagement process for Vail’s Civic Area Plan, a joint meeting was held the Vail Economic Advisory Council, Commission on Special Events and Vail Local Marketing District Advisory Council. The purpose of the joint meeting was to make recommendations regarding economic priorities for the Plan. Mia Vlaar, Economic Development Director, reported to council on the results from a joint meeting between the members of the Vail Local Marketing Advisory Committee, Commission on Special Events and the Vail Economic Advisory Committee regarding the Civic Area Plan. Desired outcomes were:  Generating additional overnight stays during low demand periods;  Providing for future economic growth and opportunity;  Complementing existing Town assets; and  Addressing community needs. The group suggested a single, flexible, scalable and adaptable, multi purpose, fully integrated state-of-the-art indoor event facility that would complement existing Vail assets and help businesses to grow revenue, especially during low demand periods. Council thanked the group and appreciated their feedback on the Civic Area Plan. 6. Action Items 6.1. Town of Vail Data Center Update and Resolution No. 29, Series of 2019, Resolution approving Contract with Lewan and Associates Presenter(s): TJ Johnson, IT Director Action Requested of Council: Motion to award contract for Data Center. August 20, 2019 - Page 8 of 77 Town Council Meeting Minutes of July 2, 2019 Page 4 Background: In conjunction with the Project Thor Meet Me Center commitment, the Town of Vail is constructing a new data center at Fire Station 3. The Fire Station was chosen as the best location for accommodating the two projects and a repurposing of downstairs office space and upstairs dormitory units has been made to accomplish the project. The data center is key to the town's system operations and protecting its digital information. A request for proposal process was used for the selection of the vendor who will help the town construct the center. The Resolution attached if approved, would secure the contract with the data center vendor. TJ Johnson, IT Director, reviewed Resolution No. 29, Series of 2019 with council and provided an update on the Town of Vail Data Center. Johnson stated the Data Center initially was to be located on the second floor of Fire Station 3 but due to the weight of the IT equipment it had to be moved to the first floor. This move resulted in a significant impact on existing fire operations and the reduction in the availability of housing at Fire Station 3. Johnson stated with the location of the Data Center decided the next step was the design of the Data Center. Lewan Technology would be the Town’s partner in building the Data Center. There was no public comment. Moffet made a motion to approve Resolution No. 29, Series of 2019 and authorize the Town Manager to enter into a contract with Lewan and Associates not to exceed $766,830.00; Langmaid seconded the motion passed (6-0). 6.2. Ordinance No. 10 Series of 2019, First Reading, An Ordinance Repealing and Reenacting Chapter 8 of Title 4 of the Vail Town Code, Regarding Solicitation Presenter(s): Matt Mire, Town Attorney Action Requested of Council: Approve, approve with modifications or deny Ordinance No.10, Series 2019, upon first reading. Background: Ordinance No.10, Series 2019, is a housekeeping ordinance amending the Town's solicitation regulations to bring the Town Code up to date with the current state of law regarding solicitation. Staff Recommendation: Approve, approve with modifications or deny Ordinance No.10, Series 2019, upon first reading. Matt Mire, Town Attorney, reviewed Ordinance No. 10, Series of 2019 with Town Council. There was no public comment. Moffet made a motion to approve Ordinance No. 10, Series of 2019 upon first reading; Bruno seconded the motion passed (6-0). 6.3. Ordinance No. 11, Series of 2019, First Reading, An Ordinance Amending Sections 12-7B-18, 12-7C-14, 12-7D-11, 12-7E-13, 12-7F-14, 12-7G-12, 12-7H-17, 12-7I-17 of the Vail Town Code, and Adding New Sections 12- 7A-16 and 12-7J-15 to the Vail Town Code, to Clarify the Permitted Location of Business Activities in Commercial, Business and Mixed Use Zone Districts. August 20, 2019 - Page 9 of 77 Town Council Meeting Minutes of July 2, 2019 Page 5 Presenter(s): Jonathan Spence, Community development Planner and Matt Mire, Town Attorney Action Requested of Council: Approve, approve with modifications, or deny Ordinance No. 11, Series of 2019, upon first reading. Background: This is a request to clarify and codify the permitted location for business activities in the commercial, business and mixed use zone districts. The proposed amendment will add language to the existing regulations in all commercial, business and mixed use zone districts, other than Public Accommodation (PA) and Public Accommodation-2 (PA-2), to further clarify the acceptable location for business activity. This amended language is also intended to be added to the PA and PA-2 Districts where it is believed its omission is in error. Staff Recommendation: On June 24, 2019, the Planning and Environmental Commission (PEC) forwarded a unanimous recommendation, for approval, for a Prescribed Regulations Amendment to amendments to Title 12, Zoning Regulations, Vail Town Code, to clarify the permitted location of business activities in the commercial, business and mixed use zone districts. Matt Mire, Town Attorney, reviewed the Ordinance No. 11, Series of 2019 with council. There was no public comment. Moffet made a motion to approve Ordinance No. 11, Series of 2019 upon first reading; Bruno seconded the motion passed (6-0). 7. Adjournment There being no further business to come before the council, Moffet moved to adjourn the meeting; Foley seconded the motion which passed (6-0) and the meeting adjourned at 6:50 p.m. Respectfully Submitted, Attest: __________________________________ Dave Chapin, Mayor ___________________________________ Tammy Nagel, Town Clerk August 20, 2019 - Page 10 of 77 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: July 16, 2019 Town Council Meeting Minutes ATTACHMENTS: Description July 16, 2019 Town Council Meeting Minutes August 20, 2019 - Page 11 of 77 Town Council Meeting Minutes of July 16, 2019 Page 1 Vail Town Council Meeting Minutes Tuesday, July 16, 2019 6:00 P.M. Vail Town Council Chambers The regular meeting of the Vail Town Council was called to order at approximately 6:00 P.M. by Mayor Chapin. Members present: Dave Chapin, Mayor Jenn Bruno, Mayor Pro Tem Kevin Foley Kim Langmaid Jen Mason Greg Moffet Members absent: Travis Coggin 6:00 p.m. – 6:20 p.m. Staff members present: Patty McKenny, Interim Town Manager Matt Mire, Town Attorney Tammy Nagel, Town Clerk 1. Citizen Participation There was none. 2. Any Action as a result of executive session There were no actions as a result of the afternoon executive session. 3. Town Manager Report 3.1. Vail Social Community Potluck, introducing a new tradition, 5 to 7 p.m., September 24, 2019, Solaris Plaza Presenter(s): Travis Coggin, Town Council Member Patty McKenny, Interim Town Manager, introduced information about the Vail Social Community Potluck, a new outreach event that will take place Sept. 24 at Solaris Plaza. 4. Presentations / Discussion 4.1. Civic Area Plan Update - Refined Master Plan Concepts & Update on Market and Costs Presenter(s): Matt Gennett, Community Development Director Action Requested of Council: Staff asks Council to review the presentations and provide direction related to narrowing the four master plan concepts to two. Background: The purpose of this presentation is to share refinements to the four master plan concepts, provide more information on municipal funding options, and receive direction from Council to narrow the master plan concepts to two. August 20, 2019 - Page 12 of 77 Town Council Meeting Minutes of July 16, 2019 Page 2 Tom Braun, part of the consulting team, reviewed four master plan concepts and draft Guiding Principals. The team felt they had direction from council on a few elements of the master plan:  The library could be expanded vertically with a second level and be a stand alone building.  The wrap on the Lionshead Parking Structure  Lot 10 use as a community space. Council agreed on the teams’ direction for those elements. Council would like parameters in the master plan concerning the green space in Lot 10. Braun spoke to council about relocation of the South Frontage Road acknowledging council in a prior meeting removed this idea from the plan. Braun showed council the connectivity of the three areas of the master plan; improvement access for the hospital to the interstate; and what to do with the municipal parcel. A few of the councilmembers would like to see both concepts stay in the plan for now. Braun stated the team would return to council with ideas for uses for that parcel for them to consider. Dobson Ice arena had support from stakeholders to expand Dobson Ice Arena with uses for concerts, second sheet of ice and a conventional rink size. The set up and take down time would be a key factor in considering what events and uses are at Dobson. Council would like Dobson Ice Area to stay as the “Ice Arena” and a multi-use facility next-door. Council did question the type of uses both facilities could handle. Braun provided the pros and cons for the multi-purpose event space on two locations:  municipal site  Charter Bus Lot Council agreed the need for a multi-use facility and the economic purposes. The multi use facility should be iconic and the Vail brand. Public comment was called. Beth Slifer, Vail resident and Chair of Vail Local Marketing District Advisory Council, suggested the Civic Area be the heart of the community - socially, culturally, recreationally, and economically. She said it should be a crossroads for the intersection of guests and community. Laurie Mullen, Vail resident and Friends of Dobson Ice Area, said a second sheet of ice was imperative to meet the demand for ice programming. Tom Saalfeld of the Vail Recreation Board says the VRD was here to listen and wanted to be part of the solution. Gwen Scalpello wanted the plan to address the need to preserve green space. She also didn’t think it would be appropriate to move the municipal operations to the charter bus lot. Public comment was closed. Council thanked the public for their comments. 5. Public Hearings August 20, 2019 - Page 13 of 77 Town Council Meeting Minutes of July 16, 2019 Page 3 5.1. Ordinance No. 10 Series of 2019, Second Reading, An Ordinance Repealing and Reenacting Chapter 8 of Title 4 of the Vail Town Code, Regarding Solicitation Presenter(s): Matt Mire, Town Attorney Action Requested of Council: Approve, approve with modifications or deny Ordinance No.10, Series 2019, upon second reading. Background: Ordinance No.10, Series 2019, is a housekeeping ordinance amending the Town's solicitation regulations to bring the Town Code up to date with the current state of law regarding solicitation. Staff Recommendation: Approve, approve with modifications or deny Ordinance No.10, Series 2019, upon second reading. Matt Mire, Town Attorney, reviewed Ordinance No. 10 Series of 2019 with Council. Mire Stated there were no changes since first reading. There was no public comment. Moffet made a motion to approve Ordinance No. 10, Series of 2019 on second reading; Langmaid seconded the motion passed (7-0). 5.2. Ordinance No. 11, Series of 2019, Second Reading, An Ordinance Amending Sections 12-7B-18, 12-7C-14, 12-7D-11, 12-7E-13, 12-7F-14, 12-7G-12, 12-7H-17, 12-7I-17 of the Vail Town Code, and Adding New Sections 12-7A-16 and 12-7J-15 to the Vail Town Code, to Clarify the Permitted Location of Business Activities in Commercial, Business and Mixed Use Zone Districts. Presenter(s): Jonathan Spence, Community development Planner and Matt Mire, Town Attorney Action Requested of Council: Approve, approve with modifications, or deny Ordinance No. 11, Series of 2019, upon second reading. Background: This is a request to clarify and codify the permitted location for business activities in the commercial, business and mixed use zone districts. The proposed amendment will add language to the existing regulations in all commercial, business and mixed use zone districts, other than Public Accommodation (PA) and Public Accommodation-2 (PA-2), to further clarify the acceptable location for business activity. This amended language is also intended to be added to the PA and PA-2 Districts where it is believed its omission is in error. Staff Recommendation: On June 24, 2019, the Planning and Environmental Commission (PEC) forwarded a unanimous recommendation, for approval, for a Prescribed Regulations Amendment to amendments to Title 12, Zoning Regulations, Vail Town Code, to clarify the permitted location of business activities in the commercial, business and mixed use zone districts. Matt Mire, Town Attorney, reviewed Ordinance No. 11 Series of 2019 with Council. Mire stated there were no changes since first reading. August 20, 2019 - Page 14 of 77 Town Council Meeting Minutes of July 16, 2019 Page 4 There was no public comment. Moffet mad a motion to approve Ordinance No. 11, Series of2019 upon second reading; Foley seconded the motion passed (7-0). 6. Adjournment There being no further business to come before the council, Moffet moved to adjourn the meeting; Foley seconded the motion which passed (7-0) and the meeting adjourned at 8:00 p.m. Respectfully Submitted, Attest: __________________________________ Dave Chapin, Mayor ___________________________________ Tammy Nagel, Town Clerk August 20, 2019 - Page 15 of 77 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Bridge Road Creek Access and Stabilization Construction Contract PRESENTER(S): Gregg Barrie, Vail Public Works ACTION REQUESTED OF COUNCIL: BACKGROUND: Staff is requesting approval of a Construction Agreement with Diggin It Riverworks, Inc. for the construction the Gore Creek Access and Stabilization Project at Bridge Road. The area near the Bridge Road bridge has long been used by boaters to access Gore Creek. The construction of a new bridge will eliminate the existing informal put-in. The proposed project will provide an improved boater put-in, an equipment drop-off area and a new soft-surface trail to access the put-in. ATTACHMENTS: Description Staff Memorandum August 20, 2019 - Page 16 of 77 To: Vail Town Council From: Department of Public Works Date: August 20, 2019 Subject: Bridge Road Creek Access and Stabilization Construction Contract I. PURPOSE Staff is requesting approval of a Construction Agreement with Diggin It Riverworks, Inc. for the construction the Gore Creek Access and Stabilization Project at Bridge Road. II. BACKGROUND The area near the Bridge Rd bridge in East Vail has long served as a watercraft put-in for kayakers, rafters, stand-up paddleboarders and inner-tubers, as well as for commercial raft companies during the spring and summer months. They often used a dirt/gravel pull- off area on Bridge Road as a loading zone and accessed Gore Creek through an informal rocky area downstream of the bridge. The ongoing replacement of the Bridge Road bridge will permanently eliminate the existing put-in area due to the nature of the bridge design and a requirement to install a guardrail along the south/west edge of Bridge Rd. The proposed project will provide an improved put-in location and a drop-off area. The project has received a Conditional Use Permit through the Planning and Environmental Commission and will be presented to the Design Review Board on August 21st for final approval. The proposed project includes the following components: • Installation of a stone slab put-in area at the existing eroded bank. This is similar to successful access and stabilization projects completed at Stephens Park and behind Lion Square Lodge. Please see the attached photos for examples. • Construction of a two-space drop-off and loading zone area on Bridge Road. This location was determined through consultation with private and commercial rafting operations, kayakers and standup paddle boarders. It will be signed as a “10 Minute Loading Zone”. Users will be directed to park in the existing parking lot north of Bighorn Rd. The drop-off zone is proposed to be constructed of permeable concrete paving blocks. The existing dirt/gravel pull off area will be revegetated as part of the bridge replacement project. August 20, 2019 - Page 17 of 77 Town of Vail Page 2 • Construction of a gravel trail to reconnect the parking lot with Bridge Road. This will also provide a connection for the neighborhood to the Gore Valley Trail toward Katsos and Vail Village. • The loading zone, trail and put-in are designed to follow ADA guidelines for USFS recreation facilities • Installation of numerous native plants between Bighorn Road and Gore Creek as part of the Gore Creek Water Quality Strategic Plan. The new plantings help filter runoff, provide habitat and reduce sediment entering Gore Creek. More than 6,000 plants are being planted along Gore Creek during 2019. • Two portable toilet units were placed in the East Vail Parking Lot during the summer of 2019. These seem to be well used. It was requested during the PEC meeting that a portable toilet be placed near the put-in area during the 6 weeks of the heaviest use. There is space in the proposed site plan to accommodate this request and staff will continue to evaluate the use of portable toilets vs a more permanent facility during the summer of 2020 and present findings prior to the budget process for 2021. • The town is also working to purchase an additional parcel at the west end of Lupine Drive. If that transaction is completed, staff may request to rezone both parcels from Two-Family Primary/Secondary Residential to a zoning district more appropriate to their use. III. PROJECT BUDGET Only one bid was received for the construction of this project. Most contractors who looked at the plans did not have time in their Fall schedules for the work. The submitted bid was $199,611. Through discussions with the contractor, the proposal was reduced to $149,366 by elimination of several items. Staff proposes to fund this project from two existing project budgets. 1) $35,000 Recreation Path Maintenance RMT001 2) $115,000 Gore Creek Bank Restoration RPI011 IV. STAFF RECOMMENDATIONS Staff recommends approval of the Construction Agreement. The project improves an existing use, protects eroding stream bank and is in line with goals of the Gore Creek Water Quality Strategic Plan. V. ACTION REQUESTED BY COUNCIL If Council finds the proposed project and cost acceptable, staff requests that the Council authorize the Town Manager to enter into a Construction Agreement with Diggin’ It Riverworks, Inc. in an amount not to exceed $150,000. August 20, 2019 - Page 18 of 77 Town of Vail Page 3 Above and below: Examples of Siloam Stone access points on Gore Creek. Above - Stephens Park, below – near Lion Square Lodge August 20, 2019 - Page 19 of 77 Town of Vail Page 4 Above and below: Location for proposed watercraft put-in. Note the existing erosion, which will be repaired as part of the work. August 20, 2019 - Page 20 of 77 Town of Vail Page 5 Above: existing dirt/gravel loading zone to be revegetated Below: photo from 2017 showing paved trail (since removed). This is the location of the proposed 10-minute loading zone August 20, 2019 - Page 21 of 77 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Resolution No. 34, Series of 2019 A Resolution adopting the Colorado Communities for Climate Action Policy Statement for 2019-2020 and setting forth details in regard thereto. PRESENTER(S): Kristen Bertuglia, environmental sustainability manager ACTION REQUESTED OF COUNCIL: Staff requests the Vail Town Council review the attached Policy Statement. BACKGROUND: The Town of Vail is a member of the CC4CA, a consortium of 28 Colorado cities and counties working toward state policy toward actions that reduce climate change and its impacts on our communities. The Policy Statement is established by the CC4CA Steering Committee by unanimous consent, and approved each year by all communities. The Policy Statement covers the same general Policy Principals and has maintained many Policy Positions from 2018-2019. It has added the following policy positions: Supporting a public process for evaluating retail energy choice options for local jurisdictions. Increasing multimodal transportation funding. Incentivizing and selecting mobility alternatives. Reducing the use of disposable/single- use products and promoting reuse. Fostering infrastructure and programs for recycling and composting. Promoting proactive programs and efforts that improve the resilience and adaptability of Colorado communities in the face of natural disasters. Optimizing the potential for carbon sequestration through regenerative agriculture, improved soil health, and forest management. Incorporating equity, accessibility, and just transition consideration into climate policies and actions. Encouraging investments that achieve climate-positive solutions. STAFF RECOMMENDATION: Staff recommends the Town Council approve Resolution No. 34, Series of 2019. ATTACHMENTS: Description Resolution No. 34 Series of 2019 Resolution No. 34 Series of 2019 Exhibit A -CC4CA Policy Statement CC4CA Policy Statement with Explanatory Text August 20, 2019 - Page 22 of 77 Resolution No. 34, Series of 2019 Page 1 of 2 RESOLUTION NO. 34 Series of 2019 A RESOLUTION ADOPTING THE COLORADO COMMUNITIES FOR CLIMATE ACTION POLICY STATEMENT FOR 2019-2020 AND SETTING FORTH DETAILS IN REGARD THERETO. WHEREAS, the Town of Vail (the "Town"), in the County of Eagle and State of Colorado is a home rule municipal corporation duly organized and existing under the laws of the State of Colorado and the Town Charter (the "Charter''); WHEREAS, the members of the Town Council of the Town (the "Council") have been duly elected and qualified; WHEREAS, the Town of Vail, along with twenty-seven other municipalities and counties in Colorado, have joined Colorado Communities for Climate Action (“CC4CA”), a coalition of local governments across the state which advocates for state and federal policies which support clean air, clean water, reduction of fossil fuel consumption and other contributors associated with greenhouse gas emissions; WHEREAS, an integral part of CC4CA organizational process is the annual adoption of the 2019-2020 CC4CA Policy Statement, which is established by a Steering Committee representing all communities by unanimous consent, and identifies legislative issues of interest to the town; WHEREAS, the Town of Vail’s Environmental Sustainability Strategic Plan, adopted by the Vail Town Council in 2009, includes Goal #2, “Reduce the Town of Vail municipal and community energy use by 20% below 2006 levels by 2020, in order to effectively reduce the Town’s contribution to greenhouse gas emissions and impact on global climate change”; WHEREAS, the Town of Vail supports the goals of the Climate Action Plan for the Eagle County Community of a reduction of greenhouse gas emissions of 25% by 2025 and 80% by 2050; and WHEREAS, the 2019 CC4A Policy Statement is in alignment with the town’s adopted strategic plans, goals and objectives, and the Town Council Action Plan; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO: Section 1. The Town Council hereby adopts the Colorado Communities for Climate Action (CC4CA) Policy Statement as attached hereto as Exhibit A. Section 2. This Resolution shall take effect immediately upon its passage. August 20, 2019 - Page 23 of 77 Resolution No. 34, Series of 2019 Page 2 of 2 INTRODUCED, READ, APPROVED AND ADOPTED this 20th day of August 2019. David Chapin, Mayor, Town of Vail ATTEST: Tammy Nagel, Town Clerk August 20, 2019 - Page 24 of 77 CC4CA Policy Statement Effective July 1, 2019 Adopted by the CC4CA Steering Committee on June 27, 2019 for Final Member Sign-Off Colorado Communities for Climate Action is a coalition of local governments advocating for stronger state and federal climate policy. CC4CA’s policy priorities for 2019-2020 reflect unanimous agreement among the coalition members on steps that should be taken at the state and federal level, often in partnership with local governments, to enable Colorado and its communities to lead in protecting the climate. CC4CA generally focuses on legislative, regulatory, and administrative action, supporting efforts that advance the general policy principles and the detailed policy positions described below, and opposing efforts that would weaken or undermine these principles and positions. General Policy Principles The following general principles guide the specific policies that Colorado Communities for Climate Action advocates for: Supports collaboration between state and federal government agencies and Colorado’s local governments to advance local climate protection. Supports state and federal programs to reduce carbon pollution, including adequate and ongoing funding of those programs. Supports analyses, financial incentives, and enabling policies for the development and deployment of clean energy technologies. Supports locally driven and designed programs to support communities impacted by the clean energy transformation. Supports prioritizing policies that put people at the center of decision-making, do not exacerbate or create disparities in growing the green economy, and enhance equitable outcomes for all. August 20, 2019 - Page 25 of 77 2 Policy Positions Colorado Communities for Climate Action supports the following policy positions: Statewide Climate Strategies 1. Reducing statewide carbon emissions consistent with or greater than the State of Colorado’s 2019 codified goals. 2. Securing accurate, frequent greenhouse gas inventories and forecasts for Colorado. 3. Adopting a comprehensive market-based approach to reduce Colorado’s greenhouse gas emissions. 4. Expanding the consideration of the environmental and health costs associated with the use of fossil fuels. Local Climate Strategies 5. Removing barriers and promoting opportunities that allow counties and municipalities to maximize the deployment of local clean energy and climate options. 6. Enabling local governments to obtain the energy use and other data they need to effectively address climate change. 7. Supporting a public process for evaluating retail energy choice options for local jurisdictions. 8. Supporting policies that promote energy efficient buildings. 9. Providing for equitable strategies to enable and accelerate beneficial electrification. Energy Generation 10. Accelerating retirement of existing fossil fuel generation facilities and their replacement with cost-effective and reliable clean energy supplies, through means that protect both utilities and consumers. August 20, 2019 - Page 26 of 77 3 11. Expanding the ability of electric cooperatives to independently purchase local renewable electricity and take other steps to reduce carbon pollution. 12. Expanding distributed generation, energy storage, high levels of renewable energy generation (distributed and utility-scale), and appropriate technologies through grid modernization. Energy Efficiency 13. Expanding demand side savings from efficiency and conservation for all energy types. 14. Supporting ongoing and sustainable funding for weatherization and renewable energy assistance to low-income households so that all Coloradans have access to comfortable and affordable homes. 15. Providing counties and statutory cities and towns with the same authority held by home rule cities to implement local energy conservation policies and programs. Transportation 16. Ensuring effective implementation of Colorado’s vehicle emissions standards and other regulatory activities designed to reduce carbon emissions from vehicles. 17. Implementing the 2018 Colorado Electric Vehicle Plan and other efforts to increase electrification of all motor vehicles. 18. Increasing multimodal transportation funding. 19. Incentivizing and selecting mobility alternatives, including movement of both people and goods, based on energy efficiency and environmental costs and benefits. Fossil Fuel Extraction Activities 20. Expanding monitoring of and reducing the full life cycle emissions from fossil fuel extractive industry activities. Solid Waste Reduction 21. Granting CDPHE the authority to implement a plan for meeting Colorado’s statewide and regional solid waste diversion goals. August 20, 2019 - Page 27 of 77 4 22. Reducing the use of disposable/single-use products and promoting the reuse of materials. 23. Fostering infrastructure, policies, incentives, and programs for recycling and composting. General 24. Promoting proactive programs and efforts that improve the resilience and adaptability of Colorado communities in the face of natural disasters and other major challenges associated with climate change. 25. Optimizing the potential for carbon sequestration through regenerative agriculture, improved soil health, and forest management. 26. Incorporating equity, accessibility, and just transition considerations into climate policies and actions. 27. Encouraging investments that achieve climate-positive solutions. 28. Maintaining protections and authorities currently provided under environmental laws like the Clean Air Act and the Clean Water Act. August 20, 2019 - Page 28 of 77 CC4CA Policy Statement (With Explanatory Text) Effective July 1, 2019 Adopted by the CC4CA Steering Committee on June 27, 2019 for Final Member Sign-Off Colorado Communities for Climate Action is a coalition of local governments advocating for stronger state and federal climate policy. CC4CA’s policy priorities for 2019-2020 reflect unanimous agreement among the coalition members on steps that should be taken at the state and federal level, often in partnership with local governments, to enable Colorado and its communities to lead in protecting the climate. CC4CA generally focuses on legislative, regulatory, and administrative action, supporting efforts that advance the general policy principles and the detailed policy positions described below, and opposing efforts that would weaken or undermine these principles and positions. General Policy Principles The following general principles guide the specific policies that Colorado Communities for Climate Action advocates for: Supports collaboration between state and federal government agencies and Colorado’s local governments to advance local climate protection. Supports state and federal programs to reduce carbon pollution, including adequate and ongoing funding of those programs. Supports analyses, financial incentives, and enabling policies for the development and deployment of clean energy technologies. Supports locally driven and designed programs to support communities impacted by the clean energy transformation. Supports prioritizing policies that put people at the center of decision-making, do not exacerbate or create disparities in growing the green economy, and enhance equitable outcomes for all. August 20, 2019 - Page 29 of 77 2 Policy Positions Colorado Communities for Climate Action supports the following policy positions: Statewide Climate Strategies 1. Reducing statewide carbon emissions consistent with or greater than the State of Colorado’s 2019 codified goals. Reducing greenhouse gas emissions is at the heart of CC4CA’s policy positions. CC4CA supports the state’s new goals for reducing emissions and regulatory actions that support or accelerate meaningful emission reductions. CC4CA supports other actions by the Colorado Public Utilities Commission, the Colorado Department of Public Health and Environment, the Air Quality Control Commission, and other state agencies and entities to ensure that Colorado achieves or exceeds established emission reduction goals and timelines. CC4CA believes it essential that the state government provide an opportunity for meaningful, sustained collaboration with local governments in developing specific climate actions tied to meeting the state’s goals. 2. Securing accurate, frequent greenhouse gas inventories and forecasts for Colorado. CC4CA recognizes the importance of credible inventories and forecasts in assessing the effectiveness and cost-efficiency of various emissions reduction strategies. Updated sector-specific emission baselines and projections are vital in making strategic decisions about maintaining progress toward and improving the state’s emissions reduction efforts. CC4CA supports the Colorado Department of Public Health and Environment’s new requirements to conduct frequent and accurate greenhouse gas emissions inventories and forecasts. CC4CA also supports opportunities for local jurisdictions to access data from the ongoing updates, and the ability to engage in designing the reporting structure that is most useful for stakeholders. 3. Adopting a comprehensive market-based approach to reduce Colorado’s greenhouse gas emissions. Climate change is resulting in part from the failure of markets to put a price on climate pollution. Because there is no cost to emit heat-trapping gasses, producers have no incentive to eliminate them. Society bears the increasing cost of this pollution as climate change progresses. To overcome this market failure, CC4CA supports a market-based approach to reducing carbon emissions statewide, including policies to ensure the benefits of legislation accrue justly and equitably to impacted communities. A market-based approach could be undertaken at national, August 20, 2019 - Page 30 of 77 3 regional, or state levels, and could take different forms. One approach is a fee or tax on climate pollution. Another is a cap-and-trade program that allows trading of limited emission rights that are sold and then could be traded to achieve economically efficient emission reductions. Examples include the Regional Greenhouse Gas Initiative covering 10 northeastern U.S. states and California’s statewide cap-and-trade program. 4. Expanding the consideration of the environmental and health costs associated with the use of fossil fuels. The social cost of carbon is a measure of the economic harm from the environmental and health impacts of emitting one ton of carbon dioxide into the atmosphere, expressed as the dollar value of the total damages. CC4CA supports the Public Utilities Commission’s new requirements in SB19-236 to consider the social cost of carbon when making decisions related to electric utilities. CC4CA supports expanding the use of a social cost of carbon to other emissions modeling efforts, including to clean energy plans submitted by utilities to the Air Quality Control Commission. Additionally, CC4CA supports the use of a social cost of carbon in the decision-making processes associated with other emissions sectors such as heating and transportation. Local Climate Strategies 5. Removing barriers and promoting opportunities that allow counties and municipalities to maximize the deployment of local clean energy and climate options. The deployment of local energy generation and distributed technologies will continue to be a critical component of Colorado communities’ climate efforts. In many cases, regulatory or legislative limitations exist that will need to be removed for communities to fully explore new local program options and technologies that can effectively reduce fossil fuel use, increase energy resilience, and support community values related to climate protection. For example, the integration of local renewable energy generation, storage technologies, and microgrids all support a local jurisdiction’s ability to address the supply side of energy-related emissions. These strategies should be designed to ensure affordable, accessible, and equitable delivery of reliable clean energy for everyone. 6. Enabling local governments to obtain the energy use and other data they need to effectively address climate change. Local governments need convenient and consistent access to data that is essential for developing and administering local programs related to greenhouse gas emissions. For example, access to uniform data from electric and gas utilities is critical for implementing building energy use disclosure and benchmarking programs designed to make sure building owners, tenants, and others are fully August 20, 2019 - Page 31 of 77 4 informed about energy performance. Local governments also struggle to get consistent data regarding waste collection and disposal, oil and gas operations, and other sources of heat-trapping emissions. CC4CA supports state government actions and policies that lead to uniform systems for collection and distribution of data from investor-owned and public utilities that is easily accessible to local governments, while still protective of data privacy for residents and businesses. 7. Supporting a public process for evaluating retail energy choice options for local jurisdictions. A growing number of cities and counties are establishing ambitious near-term energy goals, but there is currently no practical way to reach many of these goals because the jurisdictions have little choice or control over the energy sources used to produce their electricity. These communities, as well as businesses with energy or sustainability goals, deserve a solution that is timely and cost-effective. CC4CA does not advocate for any particular solution, but rather calls for an inclusive and transparent public process to evaluate all of the options. This process should be led by state level decision-makers and informed by a broad variety of stakeholders including local governments with energy goals, business interests, environmental and consumer advocates, utilities, independent power producers and marketers, and the general public. 8. Supporting policies that promote energy efficient buildings. More than 40 percent of the energy consumed in the United States is tied to the use of buildings. Building codes, consequently, are among the most powerful tools available for reducing carbon pollution (and, not incidentally, saving money in both residential and commercial buildings). CC4CA supports the newly-adopted state law directing local code jurisdictions to adopt one of the three most recent energy codes, and also supports jurisdictions having the option to adopt “advanced” energy codes such as those that meet Net Zero standards. However, the pace of improvements to energy performance in codes has stalled with the 2015 and 2018 versions of the International Energy Conservation Code. International Code Council processes allow local governments to vote on proposed provisions in pending codes. Building departments, fire authorities, sustainability departments, utilities and other similar groups are all eligible voting members. Through this policy position, CC4CA could encourage its members to participate in the voting process. This policy position recognizes the ability of local governments to influence energy codes “upstream” while retaining the ability of local governments to choose when to adopt codes and/or make local amendments. August 20, 2019 - Page 32 of 77 5 9. Providing for equitable strategies to enable and accelerate beneficial electrification. “Beneficial electrification” refers to replacing direct fossil fuel consumption (e.g., propane, natural gas, gasoline) with electricity in end uses like heating buildings, heating water, and transportation. While the ability to decarbonize fossil fuels is limited, electricity will continue getting cleaner (including Colorado’s goal for 100% renewable electricity by 2040), meaning that electrification will generally lower GHG emissions and has the potential to lower energy costs as well. Electrification of the US transportation, commercial, and residential sectors would reduce GHG emissions by 70%. Replacing natural gas heat with electric heat pumps is one example: heat pumps are over 200% efficient at capturing heat from the air, ground or waste sources. They also cool buildings, which will be especially important as climate change causes hotter summers. Enabling policies would need to look at energy consumption holistically and across the economy. CC4CA supports policies, strategies and practices that accelerate locally-sensitive beneficial electrification targeting the most practical, high impact, and valuable fuel switching opportunities while saving money for consumers, reducing GHG emissions, improving quality of life, and making the electric grid more robust and resilient. Energy Generation 10. Accelerating retirement of existing fossil fuel generation facilities and their replacement with cost-effective and reliable clean energy supplies, through means that protect both utilities and consumers. Wind and solar energy is now cheaper than the energy generated by many aging coal plants and is increasingly cost competitive with natural gas power plants. Colorado is blessed with some of the best solar and wind resources in the country, which should allow for a quicker and a more affordable transition to clean energy. The key to unlocking emission reductions and electricity bill savings is developing a legal framework allowing utilities and their customers to equitably share the benefits and costs. CC4CA supports actions in Colorado to enable the early retirement of fossil fuel-based power plants and their replacement with clean energy sources, while protecting the economic interests of both the utilities owning the power plants and electricity customers. In Colorado, there is an opportunity to recover up to $1.5 billion in undepreciated asset value by existing coal-plant owners to facilitate the voluntary phased retirement of the coal plants. 11. Expanding the ability of electric cooperatives to independently purchase local renewable electricity and take other steps to reduce carbon pollution. Tri-State Generation and Transmission Association’s electric cooperative customers have faced the imposition of contractual limitations and steep fees when attempting August 20, 2019 - Page 33 of 77 6 to expand their use of local renewable energy sources. CC4CA supports the ability of electric cooperatives to purchase non-polluting electricity without limitations like these. 12. Expanding distributed generation, energy storage, high levels of renewable energy generation (distributed and utility-scale), and appropriate technologies through grid modernization. A wide array of grid modernization policies and actions are available to both communities and utilities that can reduce energy consumption, better align availability of electricity to demand, expand renewable energy generation, and collectively reduce carbon pollution from the power generation sector (while also improving reliability and reducing cost). CC4CA supports policies and funding that result in these types of grid modernization efforts in Colorado. Energy Efficiency 13. Expanding demand side savings from efficiency and conservation for all energy types. While the 2019 legislative session produced significant greenhouse gas emissions legislation, no new action was taken to update utility-level efficiency goals. As GHG and renewable energy goals ratchet up in coming years, a continued focus on least- cost energy efficiency is important to minimize ratepayer costs and ease the transition to more renewable sources. Governor Hickenlooper’s Executive Order D 2017-015 set a new goal to achieve two percent per year energy efficiency by 2020, which is readily achievable and should be extended beyond that date. The state of Massachusetts, for example, had an electric energy efficiency target of 2.95% for 2018. Moreover, no recent state actions have included energy efficiency targets for natural gas utilities or unregulated fuels such as propane. Establishing a two percent annual energy efficiency savings target for these utilities is one potential action. Such actions could also include encouraging municipal and cooperative utilities to adopt and achieve similar efficiency targets and exploring mechanisms for establishing similar goals for non-utility energy providers (e.g., propane sales). 14. Supporting ongoing and sustainable funding for weatherization and renewable energy assistance to low-income households so that all Coloradans have access to comfortable and affordable homes. Reducing energy bills is a key component to home affordability, and low-income households are often forced to spend a disproportionately large percentage of their income on energy utility bills. Assisting families and seniors by increasing the safety and comfort of their homes while reducing their energy bills will allow all Coloradans greater choice in where they live while also improving energy efficiency. August 20, 2019 - Page 34 of 77 7 Sources of existing funding for programs include the annual federal Weatherization Assistance Program allocation, supplemental funds from state severance tax dollars and utility allocated demand side management funds. CC4CA also supports expanding programs to assist these households with obtaining renewable energy, both onsite and as part of community solar gardens. Additionally, programs that assist communities in transition from coal-dominated economies should include these types of weatherization and renewable energy programs to assist those community members who need it most and to help build the local clean energy economy. 15. Providing counties and statutory cities and towns with the same authority held by home rule cities to implement local energy conservation policies and programs. Unlike their home rule municipal peers, Colorado’s counties and statutory cities and towns in many cases lack authority to adopt and implement many energy conservation policies and programs. For example, only Colorado home rule cities have statutory authorization to enact energy conservation ordinances despite how effective they are for improving the energy efficiency and performance of existing residential and commercial buildings. Enabling legislation is needed to provide Colorado’s counties and statutory cities and towns with the authority necessary to enact policies and programs that can support and promote energy conservation within their jurisdictions. Transportation 16. Ensuring effective implementation of Colorado’s vehicle emissions standards and other regulatory activities designed to reduce carbon emissions from vehicles. Transportation remains one of the largest sources of greenhouse gas emissions in Colorado, and strengthening emissions rules and expanding electric vehicle deployment are two central strategies for reducing transportation-related greenhouse gas emissions. To this end, CC4CA supports adoption of motor vehicle emission standards equal to or exceeding those already adopted by California, including requirements for zero-emission vehicles and collaborative efforts for effective implementation. 17. Implementing the 2018 Colorado Electric Vehicle Plan and other efforts to increase electrification of all motor vehicles. The 2018 Colorado Electric Vehicle Plan provides a good roadmap for accelerating the purchase and use of electric vehicles, including a goal of having nearly one million on the road by 2030. One key component of an effective EV strategy is adequate public charging stations, including an abundance of DC fast charging stations, to increase general awareness and provide assurance of the ability to August 20, 2019 - Page 35 of 77 8 charge vehicles on longer trips. This is especially true in rural areas and along highway corridors. Other important elements include incentive and grant programs, increased EV availability and model types, reduced barriers to expanding EV fleets and transit, and expanding EV education and outreach. Colorado should continue taking advantage of other opportunities to expand EV deployment as well. For instance, CC4CA supports the current plan to commit all of Colorado's remaining share of the Volkswagen emissions control violations settlement to the construction of electric vehicle charging infrastructure across the state and to the purchase of zero emission transit vehicles. 18. Increasing multimodal transportation funding. Multi-modal options are expanding but access and availability are still limited in many areas. CC4CA supports increasing the proportion of multimodal funding in transportation plans across Colorado, assigning a significant amount of dedicated multi-modal funding with new funding sources and allocations, generally prioritizing expanding high-speed electric transit and bus rapid transit, employing transit-oriented design principles where appropriate, promoting transit alternatives over general purpose highway lane alternatives when feasible, and expanding accessible, bicycle, and pedestrian infrastructure. 19. Incentivizing and selecting mobility alternatives, including movement of both people and goods, based on energy efficiency and environmental costs and benefits. Evaluating transportation alternatives in terms of their transportation efficiency– that is, the efficiency and environmental costs of moving people and goods–can be a powerful tool for reducing emissions from the transportation sector. CC4CA generally supports a range of strategies for improving transportation efficiency, including: promoting a mode-shift away from single-occupancy use of vehicles to shared and high-capacity vehicle use; comparing the efficiency of transportation alternatives based on energy consumption and carbon emissions per unit of payload delivery; employing Context Sensitive Solutions or similar processes to determine the local environmental and social impacts of all major transportation projects; including the full range of costs in the life-cycle analyses of competing transportation alternatives; supporting the use of Travel Demand Management strategies for all high-capacity highway corridors; incentives/fees designed to encourage ride-sharing or other strategies aimed at lowering per rider GHG emissions generated by operators of Transportation Network Companies like Lyft and Uber; and encouraging the deployment of connected vehicle technology. August 20, 2019 - Page 36 of 77 9 Fossil Fuel Extraction Activities 20. Expanding monitoring of and reducing the full life cycle emissions from fossil fuel extractive industry activities. The mining and extraction of fossil fuels can result in significant levels of direct carbon pollution. One primary culprit is methane. Methane has a shorter-lived but much more potent heat-trapping effect than carbon dioxide. Reducing methane emissions is consequently a highly effective way to buy time to implement more comprehensive actions to reduce industry-wide carbon dioxide emissions. SB19- 181 directs the Colorado Department of Public Health and Environment to consider developing more stringent regulations to control the release of methane from the production and transportation of oil and natural gas. CC4CA supports actions like these to reduce greenhouse gas emissions throughout the entire extraction and transportation processes involving raw fossil fuels. CC4CA also supports expanded monitoring of the full life cycle emissions from these activities. Solid Waste Reduction 21. Granting CDPHE the authority to implement a plan for meeting Colorado’s statewide and regional solid waste diversion goals. In August 2017, the Colorado Solid and Hazardous Waste Commission adopted new statewide and regional municipal solid waste diversion goals, including separate goals for 11 Front Range counties and for the remainder of the state for the years 2021, 2026, and 2036. CC4CA supports CDPHE having the authority it needs to meet these goals and supports increased data collection and reporting by the waste hauling industry, including statewide reporting standardization. 22. Reducing the use of disposable/single-use products and promoting the reuse of materials. Existing protocols for emissions inventories do not include emissions associated with the use of resources other than landfill-related emissions. However, C40 Cities investigated the consumption-based emissions from 79 cities, focusing on the goods and services consumed and used by residents, and found that total consumption- based emissions were approximately 60% higher than the traditional energy sector- based inventories. Construction and demolition waste, for example, is an important contributor to emissions. CC4CA supports traditional recycling and composting initiatives, legislative efforts like eliminating the state’s preemption of local authority to ban the use or sale of specific types of plastic materials or products or restrictions on containers for consumer products, and strategies to reduce the embodied emissions associated with the goods and services consumed. August 20, 2019 - Page 37 of 77 10 23. Fostering infrastructure, policies, incentives, and programs for recycling and composting. Zero waste strategies such as recycling, composting, reuse, and source reduction are proven solutions that reduce emissions of both carbon dioxide and methane and can be implemented immediately. Recycling 90% of our discards by 2030 would reduce U.S. greenhouse gas emissions by the equivalent of closing more than 80 U.S. coal- fired power plants. However, Colorado has a poor waste diversion rate of 12% compared with the national average of 35%. Not all recycling and compost solutions are created equal, so individual proposals and policies should be evaluated based on their potential to reduce emissions in both the short and long term The largest climate benefit from recycling is the reduced energy and materials needed to manufacture new products. CC4CA supports a range of actions, including encouraging remanufacturing and market development for recycled products, including purchasing policies that include recycled-content standards. For organic waste, composting is often an effective strategy. Forty percent of our waste is organic material, which not only produces methane when it breaks down anaerobically (e.g., in landfills), but can be a powerful climate solution when converted aerobically into compost. Research is just starting to quantify the carbon sequestration potential of this material. CC4CA supports food waste diversion and rescue efforts as well as purchasing policies that drive market development. General 24. Promoting proactive programs and efforts that improve the resilience and adaptability of Colorado communities in the face of natural disasters and other major challenges associated with climate change. Even under the best case greenhouse gas emissions scenarios, some degree of climate change and climate disruption will continue for years to come. CC4CA encourages and supports initiatives that increase community resilience (e.g., of community infrastructure) to climate-amplified economic challenges and that help communities prepare for human-caused and natural hazards through education, research, planning, design, construction, operation and maintenance. Emergency response planning can incorporate climate change science, for instance. Similarly, local jurisdictions can utilize comprehensive risk and vulnerability assessments that consider event likelihood and consequence, encourages mitigation strategies, monitors outcomes, and addresses recovery and return to service. This type of resilience planning should be routinely included in the planning/design process for infrastructure at all government levels. August 20, 2019 - Page 38 of 77 11 25. Optimizing the potential for carbon sequestration through regenerative agriculture, improved soil health, and forest management. The United Nations’ 2018 report on limiting global warming emphasizes the importance of increasing land-based carbon sequestration. Sequestering a significant portion of the anthropogenic CO2 already emitted into the atmosphere involves a range of strategies including carbon farming via regenerative agriculture, and afforestation and reforestation. Combined, these two sequestration strategies could capture and store an estimated 27 gigatons of CO2/year globally. Regenerative agriculture involves holistic land management practices that sequester carbon while improving soil health, crop yields, water resilience, and nutrient density – an immense opportunity to convert agriculture from a net source of CO2 into a carbon sink. Forest management practices emphasizing carbon storage can occur at both the landscape and urban scale. CC4CA supports policies aimed at creating new mechanisms and opportunities that support Colorado’s agricultural sector through land use policies and incentives that recognize the importance of healthy ecosystems on addressing climate change, in addition to policies, resources and strategies to optimize the carbon sequestration potential of Colorado’s urban and natural forests. 26. Incorporating equity, accessibility, and just transition considerations into climate policies and actions. Climate change impacts everyone, but certain communities (e.g., people of color, low-income communities, immigrants) stand to be disproportionately impacted due to deep-rooted systems (e.g., systemic racism, housing costs). Conversely, those who have contributed the most to climate change have much better capacity to protect themselves from its impacts. As the effects of climate change mount, so does the urgency of addressing this equity challenge. CC4CA supports approaching equity in a holistic manner, focusing on dividing the burden of responding to the threat of climate change and sharing the opportunities and benefits of climate action. CC4CA recognizes that equity challenges are presented both between and within our local jurisdictions and we support the need to identify and accelerate opportunities for enhanced synergies between climate action and development needs and priorities of communities and individuals. CC4CA supports the type of just transition efforts proscribed by SB19-236 and HB19-1314, such as the creation of a new state Just Transition Office and requiring investor-owned utilities to incorporate workforce transition plans when proposing an electric generating facility retirement. CC4CA supports the expansion of the just transition requirement to all electric utilities to ensure Colorado communities and workers are protected and can access the benefits associated with the clean energy transition. August 20, 2019 - Page 39 of 77 12 27. Encouraging investments that achieve climate-positive solutions. Divesting assets of fossil fuel-related holdings is an increasingly utilized climate action strategy. CC4CA supports policies that encourage entities investing public dollars to consider partial or full divestment as part of their investment strategies. 28. Maintaining protections and authorities currently provided under environmental laws like the Clean Air Act and the Clean Water Act. Protecting Colorado’s air, water, and land is vital to its environment, economy, and people. The protections and authorities afforded by landmark federal laws such as the Clean Air Act and Clean Water Act are foundational to the fight against climate change. For example, the 2007 ruling by the U.S. Supreme Court that greenhouse gas emissions are air pollutants and thus subject to regulation under the Clean Air Act, and the subsequent 2009 U.S. Environmental Protection Agency endangerment finding that indeed, such emissions present a danger to public health, obligate our federal government to utilize the protections provided by the Clean Air Act to take action to limit emissions. Local governments rely on these protections and can be critical allies in this effort, as scores of communities across Colorado already are implementing a broad array of initiatives to advance climate protection at the local level, and often doing so in collaboration with the state and federal governments. CC4CA communities support the protections and authorities provided under the body of existing environmental law and will strongly oppose legislative, regulatory, and other efforts to roll back or diminish them. August 20, 2019 - Page 40 of 77 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Presentation of the findings of the “2019 Economic Values and Community Benefits of Vail’s Investment in Deed-Restricted Homes Report”. PRESENTER(S): George Ruther, Housing Director and Andrew Knudtsen, Economic & Planning Systems ACTION REQUESTED OF COUNCIL: No Action is Required BACKGROUND: The Report was commissioned at the direction of the Vail Local Housing Authority and completed by Economic & Planning Systems. Funding for the Report was provided by the Vail Local Housing Authority. The Report is intended to help direct housing policy and serve as a framework for decision makers when deciding on matters related to investing in deed- restricted homes in Vail, and to a lesser extent, the greater region. ATTACHMENTS: Description Vail Town Council EPS Report Presentation Memo 08202019 183136-Report-08-14-19 Vail Economic Impact - infographic-08-14-19 August 20, 2019 - Page 41 of 77 To: Vail Town Council From: Vail Local Housing Authority Date: August 20, 2019 Subject: 2019 Economic Values and Community Benefits of Vail’s Investment in Deed- Restricted Homes Report 1. SUMMARY The purpose of this memorandum is to present the findings of the “2019 Economic Values and Community Benefits of Vail’s Investment in Deed-Restricted Homes Report”. The Report was commissioned at the direction of the Vail Local Housing Authority and completed by Economic Planning Systems. Funding for the Report was provided by the Vail Local Housing Authority. The Report is intended to help direct housing policy and serve as a framework for decision makers when deciding on matters related to investing in deed-restricted homes in Vail, and to a lesser extent, the greater region. The key findings of the Report include: Each investment in one resident-occupied, deed-restricted home in Vail of $65,000 yields the following: 1) 5% annual return on investment or $3,200 2) up to $312,650 in community benefits, economic value and opportunity costs to the community which is an investment multiplier of 4.81X 3) the annual reduction of 8.5 MTCO2e 4) the avoidance of $8,400 in annual business expenses associated with employee turn over and recruitment 2. BACKGROUND The availability of homes for residents and employees has been a challenge for Vail for more than 45 years. As far back as 1973 this issue has been at the forefront of community conservations regarding the ongoing success of the Vail community and the ability to realize Vail’s vision to be the premier international mountain resort community. To that end, in 1973, the Vail Town Council adopted The Vail Plan. That plan document highlighted three areas of community focus, 1) The need to support and grow a year-round economy 2) The adequacy of public parking facilities and loading and delivery systems, and August 20, 2019 - Page 42 of 77 3) The importance of housing for persons working in Vail Today, there are more than 875 homes with deed-restrictions recorded limiting occupancy to persons living and working in the greater Vail community. A large percentage of these deed-restrictions were acquired with no expenditure of public funds through partnerships with the private sector as a result of development impact mititgation. Conversely, many others, like Timber Ridge Village Apartments, Vail Commons, North Trail Townhomes, Chamonix Vail, were acquired or developed through the investment of tax payer dollars. More recently, the Vail Town Council and the Vail Local Housing Authority launched the innovative Vail InDEED program. The objective of this program is to protect and preserve existing homes in the community for resident occupancy through the purchase of a deed-restriction covenant on the property. More than $7.9M has been invested to date resulting in 121 new deed-restrictions and homes for more than 240 Vail residents. The 2019 Economic Values and Community Benefits of Vail’s investment in Deed-Restricted Homes Report is an attempt to quantify the value and the benefits of the Town’s investments. 3. EXHIBITS A. 2019 Economic Values and Community Benefits of Vail’s Investment in Deed-Restricted Homes Report Town of Vail Page 2 August 20, 2019 - Page 43 of 77 Revised Report Economic Value & Community Benefits of Resident Housing Investment Prepared for: Vail Local Housing Authority Prepared by: Economic & Planning Systems, Inc. EPS #183136 August 14, 2019 August 20, 2019 - Page 44 of 77 Table of Contents Executive Summary ............................................................................................ 1 1. Background ............................................................................................................ 1 Methodology ...................................................................................................... 5 2. Data Sources .......................................................................................................... 5 Assumptions .......................................................................................................... 7 Economic Context ............................................................................................. 10 3. Findings .......................................................................................................... 12 4. Return Metrics ...................................................................................................... 12 Community Benefits ............................................................................................. 14 Economic Value ................................................................................................... 18 Opportunity Costs ................................................................................................ 20 Appendix ......................................................................................................... 22 5. Terminology ......................................................................................................... 22 August 20, 2019 - Page 45 of 77 List of Tables Table 1. Vail InDEED Summary ..................................................................................... 7 Table 2. Population Trends, Town of Vail Capture ........................................................... 10 Table 3. Housing Unit Trends, Town of Vail Capture ....................................................... 10 Table 4. Employment Trends, Town of Vail Capture ........................................................ 11 Table 5. Return on Investment .................................................................................... 12 Table 6. Investment Multiplier ..................................................................................... 13 Table 7. Value of Time ............................................................................................... 14 Table 8. Reduction in Carbon Emissions ........................................................................ 15 Table 9. Environmental Impact ................................................................................... 15 Table 10. Value of Volunteerism .................................................................................... 16 Table 11. Schools Impact ............................................................................................. 16 Table 12. Expansion of Total Spending in Vail Economy .................................................... 18 Table 13. Expansion of Total Spending in Vail Economy .................................................... 19 Table 14. Parking Impact ............................................................................................. 20 Table 15. Worker Turnover Costs .................................................................................. 21 Table 16. Daytime Spending ........................................................................................ 23 Table 17. Resident Housing Household Spending ............................................................. 23 Table 18. Commute Detail ............................................................................................ 24 List of Figures Figure 1. Town of Vail & Eagle Valley Employment Trends ................................................ 11 August 20, 2019 - Page 46 of 77 Economic & Planning Systems 183136-Report-08-14-19 1 Executive Summary 1. Background The Town of Vail has made significant financial investments in resident housing over many decades. Such investments are rooted in an awareness that affordability and availability of housing for residents and the workforce benefit the broader Vail economy, business community, the overall community character, and the quality of the guest experience. One of Vail’s more innovation and effective investment strategies has been deed- restriction acquisitions, in which the Town appropriates funds annually to ensure that homes are available for residents and the workforce. A new deed restriction purchase program, called Vail InDEED, was recently created to ensure Vail meets its 2027 Vail Housing 2027 Strategic Plan goal of acquiring 1,000 additional resident housing unit deed restrictions by the year 2027. In times of competing community investment priorities and alternatives, it is important that the benefits of resident housing investment are quantified and understood by the community and its leadership. For this purpose, the Vail Local Housing Authority (VLHA) contracted with Economic & Planning Systems (EPS) to quantify the economic value and community benefits of resident housing investment on the local economy and community. Each investment in one resident housing unit generates an annual return as well as provides economic benefit. #1 - The direct return back to the Town of Vail from an investment of $65,000 in one unit of housing is $3,239 in the form of local sales tax and revenue for local students. The annual return on investment to the Town is 5 percent of the initial investment. #2 - Nearly $312,500 is provided from one unit in the form of community benefits, economic value, and opportunity costs to the community as a whole. This return to the community is more than four times the initial investment by the Town, resulting in an investment multiplier of 4.81X. August 20, 2019 - Page 47 of 77 Economic Value & Community Benefits of Resident Housing Investment 2 Metrics At the root of the Town’s resident housing investment policies, deed restricted homes ensure that year-round residents can live and work locally, which ripples through the economy and reinforces the stability of other sectors of the economy. It impacts the character of the community through greater potential civic/resident engagement and presence of school-aged children. It also improves the quality of the guest experience. In this analysis, these and other elements are presented collectively and stated in terms of the following broader metrics: The annual economic value of an investment in 100 units of resident housing ($6.5 million) is: • $18.1 million as a result of an increase in filled positions, • $2.6 million in increased local household spending, and • $116,000 in new local sales tax revenue. The annual community benefits of an investment in 100 units of resident housing ($6.5 million) include: • the elimination of over 40,000 commute hours resulting in $825,000 in the value of time savings, • a reduction of 845 metric tons of carbon emissions (MTCO2e), • $207,000 in State of Colorado revenue in the form of back-fill for 26 school- aged children, and • $1.2 million in volunteer labor. August 20, 2019 - Page 48 of 77 Economic & Planning Systems 3 The annual opportunity cost of an investment in 100 units of resident housing ($6.5 million) is: • $11.3 million in avoided construction cost for 113 parking spaces and • $841,000 in saved costs to businesses for worker turnover, training, and lost productivity. August 20, 2019 - Page 49 of 77 THIS PAGE INTENTIONALLY LEFT BLANK August 20, 2019 - Page 50 of 77 Economic & Planning Systems 5 Methodology 2. As noted in the introduction, this approach encompasses three main components of economic value and community benefit: the economic value; the community benefits; and the opportunity costs. This section outlines the data and assumptions for the analysis. Data Sources A variety of primary and secondary data sources were used in the analysis. Research and interviews also supplemented the quantitative and qualitative elements of the analysis. The following sources were essential to the construction of the methodology: • U.S. Census Longitudinal Employee Household Dynamics. Prevalence of in-commuting workforce to Vail. • Colorado Department of Labor & Employment, Quarterly Census of Employment & Wages. Number of jobs by industry for Vail. • Colorado Statewide Nonprofit Industry Survey, 2018. Nonprofit industry jobs in Eagle County’s workforce and the rate of per-capita volunteerism. • U.S. Bureau of Labor Statistics. Value of volunteerism per hour. • Colorado Department of Transportation. Aggregate vehicle miles travelled (VMT) in Eagle County. • U.S. Environmental Protection Agency. Calculations for estimating carbon emissions. • Eagle County Housing Study and Greater Roaring Fork Regional Resident & Employer Survey, 2018. For assumptions regarding rate of carpooling, persons per household, multiple job-holdings. • IMPLAN. Input-output data for Eagle County at the zip code level. August 20, 2019 - Page 51 of 77 Economic Value & Community Benefits of Resident Housing Investment 6 Types of Economic Impacts In terms of quantifiable economic contributions, metrics included in this analysis have been run through IMPLAN input-output modeling software. IMPLAN is structured to account for trade flows and industry profiles within the defined economic unit—in this case, the Town of Vail, as represented by the 81657 zip code. This type of modeling generates a trove of information, which when consolidated with other information, can be used to estimate the “multiplier effect” on an initial investment. Specifically, a multiplier effect is a ratio that characterizes the relationship between the total of successive rounds of spending resulting from an initial investment combined with the initial investment itself. For example, the multiplier in this analysis is calculated as the composite per-unit economic value and community benefit divided by the Town’s per-unit investment. There are also three layers of economic impacts. These layers are defined as they relate to Vail’s investment in resident housing: Economic Impact Terminology Direct Impacts are the dollar amounts of net new local resident spending and the net new economic activity related to greater number of filled positions. These dollar amounts refer to the first round of spending in an economy. Indirect Impacts are the dollar amounts associated with the business-to-business relationships, such as the real estate activity, the purchase of equipment, or the demand for professional services such as legal, financial and administrative services that may be procured in the process of meeting demand for a “direct” industry’s good or service. These are referred to as the second round of spending. Induced Impacts are activities resulting from the expenditures made by households of the direct and indirect industry jobs. They are typically retail and service-sector oriented impacts that are created by what is typically referred to as the third round of spending. August 20, 2019 - Page 52 of 77 Economic & Planning Systems 7 Assumptions There are two main layers of assumptions in this analysis: 1) the overarching investment goal on which the analysis is based; and 2) the underlying assumptions used to quantify relationships between, for example, the number of persons per housing unit or the rate of carpooling among all in-commuting workers. Resident Housing Investment Housing Targets As previously noted, the premise of this analysis is rooted in the Vail Housing 2027 Strategic Plan adopted goal of acquiring 1,000 additional resident housing unit deed restrictions by the year 2027. The goal means that the Town is targeting, on average, the acquisition of 100 deed restrictions units per year. Housing Investment Based on a detailed accounting of the most recent (116) deed restrictions placed on homes in Vail (between January 2017 and May 2019), data which were obtained from the VLHA, the Town invests an average of approximately $65,000 per unit. It is against this core assumption that the metrics of return on investment and the overall investment multiplier are calculated. Table 1. Vail InDEED Summary Vail InDEED Program Units Price per Deed 2019 (YTD May)11 $94,618 2018 40 $57,105 2017 65 $65,000 Total 116 $65,327 Source: Town of Vail; Economic & Planning Systems August 20, 2019 - Page 53 of 77 Economic Value & Community Benefits of Resident Housing Investment 8 Underlying Assumptions The following are additional assumptions that quantify the relationship between housing units and persons, local job-holdings, net new jobs, and carpooling. Jobs per Unit. Primary data collected locally and regionally indicate that there is an average of 2.2 jobs per household, meaning that 220 jobs would be represented by 100 households in 100 housing units. Vail Jobs. As mentioned previously, the Vail InDEED program requires that a property be occupied as a primary residence by individuals who work a minimum of 30 hours per week in Eagle County. Based on an annualized 40-hour work week, this could be approximated as 75 percent of income (and thus, employment) is originated in Eagle County. For purposes of this analysis, it is an aggregated assumption that 75 percent of job-holders in the resident housing units are working in Vail (165 jobs). Net New Jobs to Economy. The analysis also assumes that 75 percent of these Vail jobs held by occupants of resident housing units are net new to the economy (i.e. that they are filling unfilled positions or enabling employers to add new positions). This means that 124 of the 165 jobs are estimated to be new to economy, whereas the remainder of the 165 would have previously commuted in to their jobs in Vail. Carpooling. Primary data collected regionally indicates that an average of 9 percent of the total in-commuting workforce carpool. August 20, 2019 - Page 54 of 77 Economic & Planning Systems 9 Table 3. Housing Unit Trends, Town of Vail Capture Housing Unit Trends 2000 2010 2017 Total Δ % Capture 2000-17 Avon 2,557 3,615 4,052 1,495 17% Eagle 1,116 2,416 2,251 1,135 13% Eagle-Vail [1]1,482 1,482 1,482 0 0% Edwards 3,953 5,260 5,386 1,433 16% Gypsum 1,210 2,205 2,275 1,065 12% Red Cliff 122 141 123 1 0% Minturn 448 528 542 94 1% Vail 5,389 7,230 7,210 1,821 21% Unincorp. Eagle Valley 3,687 5,394 5,492 1,805 20% Eagle Valley[2]16,277 22,877 23,321 8,849 100% [1] Eagle-Vail did not appear on the 2010 decennial census as a CDP. Source: U.S. Census American Community Survey 5-year estimates; Economic & Planning Systems [2] Eagle Valley is defined as Eagle County less the Roaring Fork Valley (census tract 3.01 block groups 1-3 and tract 3.02 block group 2) Table 2. Population Trends, Town of Vail Capture Population Trends 2000 2010 2017 Total Δ % Capture 2000-17 Avon 5,561 6,447 6,503 942 9% Eagle 3,032 6,508 6,711 3,679 36% Eagle-Vail [1]2,887 2,887 2,887 0 0% Edwards 8,257 10,266 9,202 945 9% Gypsum 3,654 6,477 6,926 3,272 32% Red Cliff 289 267 297 8 0% Minturn 1,068 1,027 1,141 73 1% Vail 4,531 5,305 5,425 894 9% Unincorp. Eagle Valley 6,211 5,283 6,678 467 5% Eagle Valley 35,490 44,467 45,770 10,280 100% [1] Eagle-Vail did not appear on the 2010 decennial census as a CDP. Source: U.S. Census American Community Survey 5-year estimates; Economic & Planning Systems [2] Eagle Valley is defined as Eagle County less the Roaring Fork Valley (census tract 3.01 block groups 1-3 and tract 3.02 block group 2) Economic Context 3. This section of the report provides the economic context including population, housing unit, and employment trends for the Town of Vail in relation to Eagle County as a whole. Population Between 2000 and 2017, the Eagle Valley grew by a population of approximately 10,280, which translates to 605 residents per year. Total population reached 45,770 in 2017 (Table 2). In 2017, Vail represented approximately 12 percent of the Valley population, but had captured only 9 percent of the Valley’s population growth since 2000. Housing Units Growth in housing inventory in Vail outpaced population growth considerably (Table 3). By a factor of more than two to one, more than 1,800 housing units were added to the Town’s housing unit inventory, indicating that second homeownership comprised a majority of the ownership of the new inventory. August 20, 2019 - Page 55 of 77 Economic Value & Community Benefits of Resident Housing Investment 10 Employment In 2018, Vail had an estimated 8,400 wage and salary jobs (Table 4), accounting for 25 percent of the Valley’s total employment. Between 2001 and 2018, the Town added close to 1,300 jobs, capturing 30 percent of the Valley’s growth. The highest growth area in the valley took place in Avon/Beaver Creek, which captured 44 percent of the Valley’s new employment, and (as the definition indicates) includes two distinct commercial nodes of activity. As shown in the following graphic (Figure 1), employment levels in the Town of Vail remained fairly steady over the past two decades. Although employment contracted during the Great Recession (2007-09) for the Eagle Valley, which decreased by 14 percent (a loss of 3,800 jobs), Vail remained relatively steady. Figure 1. Town of Vail & Eagle Valley Employment Trends 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Town of Vail Eagle Valley Table 4. Employment Trends, Town of Vail Capture Employment Trends 2001 2010 2018 Total Δ % Capture 2001-18 Avon/Beaver Creek 7,571 7,589 9,457 1,886 44% Eagle 3,424 3,732 4,602 1,178 27% Eagle-Vail 50 81 110 60 1% Edwards 3,255 3,155 3,510 255 6% Gypsum 1,540 1,488 2,477 936 22% Minturn 520 406 485 -35 -1% Red Cliff 50 81 110 60 1% Vail 7,129 7,256 8,416 1,288 30% Eagle Valley 23,538 23,790 29,167 4,316 100% Source: QCEW; Economic & Planning Systems August 20, 2019 - Page 56 of 77 Economic & Planning Systems 11 Findings 4. There are two primary measurements of economic value and community benefits estimated in this analysis: 1) return on investment; and 2) investment multiplier. Return Metrics The initial investment of $65,000 per unit of resident housing yields magnitudes of more economic value and community benefit than alternatives such as persistent business cost of worker turnover and structured parking. Return on Investment (ROI) Although many of the broader metrics of benefit can be considered “returns on investment,” an ROI measured from the perspective of the investment of ‘public dollars in’ and ‘public dollars out’ captures the two most salient fiscal impacts. The annual returns on the initial investment are comprised of sales tax revenues flowing back to Vail annually and the State of Colorado’s per-unit student back-fill for the school-aged children living in resident housing is approximately $2,000 per year (see the following technical discussion for details on this calculation). This means that, calculated as a standard investment divided by its returns, the Town’s (public) return on investment is 5.0 percent. This aligns on the higher end with typical yields on governmental investment. Table 5. Return on Investment Return on Investment per-Unit Per-Unit Investment ROI Returns Annual Resident Household Spending Sales Taxes $1,165 Annual State per-Pupil Apportionment $2,074 Subtotal Returns $3,239 Investment ROI Return $3,239 Initial Investment $65,000 ROI 5.0% Source: Economic & Planning Systems August 20, 2019 - Page 57 of 77 Economic Value & Community Benefits of Resident Housing Investment 12 Investment Multiplier This metric accounts for the economic activity captured by direct, indirect, and induced spending. Examples of components within this metric include: a) the broader economic metrics such as the economic value (which includes taxable spending and the fiscal benefit) to Vail; b) community benefits; and c) the opportunity costs such as investing in parking annually to accommodate a similar level of employment growth as well as the ongoing costs to the business community of worker turnover and lost productivity. Taking into account each of these components, the net multiplier of the Town’s investment at $65,000 per unit is nearly five (5) times at 4.81X. In benefit-cost analysis (BCA), public entities are typically trying to achieve a multiplier of three (3) to five (5) times the initial investment. Table 6. Investment Multiplier Return on Investment per-Unit Per-Unit Investment Multiplier Economic Metrics Annual Expansion of Economy $181,122 Annual Net New Resident Household Taxable Spending $21,174 Annual Sales Tax Revenue Generation $1,165 Subtotal Economic Metrics (Net) [1]$181,122 Community Benefits Annual Household Value of Reduced Commute Time $8,249 Annual Per-Pupil State Backfill $2,074 Subtotal Community Metrics $10,323 Opportunity Cost Annual Cost of Worker Turnover -$8,410 Cost of Structured Parking -$112,613 Subtotal Opportunity Cost Metrics -$121,022 Investment Multiplier Composite Return $312,467 Initial Investment $65,000 Multiplier 4.81x Source: Economic & Planning Systems Y \Sh d\P j \DEN\183136 V il E i I f Aff d bl H i \M d l \[183136 C lid d E i I [Note 1]: The net new resident household taxable spending and associated sales tax revenue generation are displayed for informational purposes; they are, however, theoretically incorporated in the total annual expansion of the economy. August 20, 2019 - Page 58 of 77 Economic & Planning Systems 13 Table 7. Value of Time Value of Time Saved not Commuting Factor Value Total Jobs in Resident Housing 2.2 220 Vail Jobs in Resident Housing 75%165 Estimated Local Job-Cars 9%150 Commute Minutes per Year 2,426,101 Commute Hours per Year 40,435 Value of Time for Intercity Travel (2018)$20.40 Value of Time Saved not Commuting $824,874 Per-Unit $8,249 Source: LEHD on the Map; U.S. Department of Transportation; Economic & Planning Systems Community Benefits For each unit of resident housing, an estimated 400 hours of time and 950 gallons of gasoline are saved from shorter commutes every year—equating to greater business productivity and an opportunity for residents to give back to their community. Reduced Commute Times More than 40,000 annual commuting hours are avoided by an investment in 100 resident housing units. This equates to approximately $825,000 in value of time ($20.40 per hour of intercity travel). It should be noted that this benefit is capitalized within the expanded economy calculations shown earlier and not additive to the investment multiplier estimate. August 20, 2019 - Page 59 of 77 Economic Value & Community Benefits of Resident Housing Investment 14 Table 8. Reduction in Carbon Emissions Metric Tons of Carbon Monoxide Equivalency (MTCO2e) All In- Commuters Resident Housing In- Commuters Average Distance Travelled 63.3 miles 29.6 miles # Commuters 3,276 150 Aggregate Vehicle Miles Travelled (VMT)414,586 8,882 Agg. VMT / Year 103,646,600 2,220,594 Aggregate MTCO2e 39,447 845 as % of All In-Commuters 2.1% Source: LEHD on the Map; Economic & Planning Systems Reduced Carbon Emissions The analysis of environmental impact assumes that fewer workers need to commute in to their jobs, decreasing distance traveled and reducing carbon emissions. It further assumes that a greater number of workers will utilize Vail’s free public transit. An analysis of the in-commuter distribution shows that the average one-way distance traveled to Vail is approximately 63 miles (Table 8). It is generally assumed that in-commuters living in closer proximity to Vail will account for larger shares of new occupants of resident housing. As such, it was assumed that the average distance traveled by new occupants of resident housing would have traveled 30 miles. Over the course of a year, this reduction in commute time totals more than 2.2 million miles and represents more than 2 percent of all vehicle miles traveled by in-commuters. As a result, overall carbon emissions are reduced in the Vail Valley by 845 metric tons (2 percent of total estimated Vail in-commuter carbon emissions). It means that in-commuters save more than 95,000 gallons of gasoline per year. This annual savings means that enough energy is saved to charge more than 107 million iPhones, and is equivalent to the air-scrubbing benefits of nearly 14,000 tree seedlings grown for more than 10 years. Table 9. Environmental Impact The Environment Value Equivalencies of Carbon Emissions Emissions Reduction (MTCO2e) from Shorter Commutes 845 Gallons of Gasoline Consumed (equivalent)95,083 Number of Smartphones Charged (equivalent)107,747,909 Tree Seedlings Grown for 10 Years (offset)13,972 Source: U.S. Environmental Protection Agency; Economic & Planning Systems Y \Sh d\P j \DEN\183136 V il E i I f Aff d bl H i \M d l \[183136 C lid d E i I N N August 20, 2019 - Page 60 of 77 Economic & Planning Systems 15 Table 10. Value of Volunteerism Value of Volunteerism Factor Value Total Resident Housing Units 100 Jobs per Unit 2.2 Total Jobs in Resident Housing 220 Estimated Volunteer Hours per Year 201 [1]44,118 Value of Volunteer Time (in CO)$28.02 Estimated Value of Volunteerism in Vail $1,236,200 Per-Unit $12,362 Source: Independent Sector; 2018 Colorado Nonprofit Survey; Economic & Planning Systems [1] Average annual hours of volunteering per year among nonprofits in a group of northwestern Colorado counties. Table 11. Schools Impact Student Generation Total Town of Vail - Students to Housing Units [1]0.26 Resident Housing Investment 100 Students Generated 26 Per Pupil Revenue (Eagle County Schools)$7,945 Eagle County School Revenue $207,449 Per-Unit $2,074 Source: Economic & Planning Systems [1] U.S. Census American Community Survey 5-Year Estimates Volunteerism In a typical community, a portion of residents volunteer their time to local nonprofits, including the health care industry, arts and entertainment, or other community-oriented and civic services. Using primary data from a statewide study of the nonprofit industry conducted in 2018, it is estimated that volunteerism among the population in resident housing could be as high as 200 hours per year. This would contribute more than $1.2 million in labor value to the nonprofit community in Vail (at $28.02 per hour of volunteer time). Schools An estimated 26 school- aged children are generated by the investment in 100 housing units, for which it is anticipated that the State of Colorado back-fills at a per-pupil rate of $7,945 for Eagle County. This would contribute more than $207,000 in revenues to Eagle County Schools annually. August 20, 2019 - Page 61 of 77 Economic Value & Community Benefits of Resident Housing Investment 16 Quality of Guest Experience There is direct linkage between the quality of the guest experience and the supply of local employees. As part of this study, a range of employers were interviewed across a variety of sectors. Those with a high level of interaction with guests, such as food and beverage or services establishments, noted that they are concerned about their ability to maintain a high quality level of service given limited staffing resources. In the case of one restaurant, it chose to close down seating sections to concentrate the available servers. From its perspective, the loss of revenue is a reasonable tradeoff, given the otherwise slow pace of operations. Other business owners commented that certain high-demand weeks, where the community is operating at both peak capacity and peak price point, the service can be the slowest. As Vail’s customer base evaluates its options, it may consider other destinations that can provide the service expected with Vail’s price point. The ability to deliver a high quality guest experience is directly correlated to Vail’s competitive position, not only among ski town destinations but also warm weather destinations. Vail’s future economic vitality depends on the ability of businesses to fill positions. There is concern among some business owners about a decline in quality service in the recent past. Unfilled positions and the related service quality decline in Vail may continue without investment in solutions to attract and retain talent. It was also noted that guests are likely to feel more connected to Vail if they interact with employees who live locally, over an extended period of time, who are invested in the community. This type of employee conveys a commitment that resonates with guests and reinforces the premium brand Vail has built over the decades. August 20, 2019 - Page 62 of 77 Economic & Planning Systems 17 Economic Value Expansion of the Economy due to Filled Positions The availability of additional homes for residents and the workforce translates to a greater jobs market and fewer unfilled positions. It is estimated that approximately 123 full- and part-time positions would be filled as a result of Vail’s resident housing investment (100 units), thereby expanding Vail’s economy by an estimated $18.1 million annually (1.2 percent increase). Table 12. Expansion of Total Spending in Vail Economy Return on Investment Local Business Revenue Direct Indirect Induced Total 11 Ag, Forestry, Fish & Hunting $76,853 $698 $267 $77,818 21 Mining $0 $7,244 $210 $7,454 22 Utilities $0 $5 $7 $12 23 Construction $2,838,283 $81,277 $14,527 $2,934,087 31-33 Manufacturing $0 $4,607 $1,237 $5,844 42 Wholesale Trade $610,911 $20,786 $7,855 $639,552 44-45 Retail trade $906,678 $248,706 $259,371 $1,414,755 48-49 Transportation & Warehousing $0 $79,051 $28,983 $108,034 51 Information $0 $39,827 $22,752 $62,579 52 Finance & insurance $459,252 $438,401 $204,832 $1,102,485 53 Real estate & rental $741,771 $520,976 $397,111 $1,659,858 54 Professional- scientific & tech svcs $458,698 $283,170 $46,160 $788,028 55 Management of companies $0 $156,752 $17,180 $173,932 56 Administrative & waste services $240,281 $87,143 $19,199 $346,623 61 Educational svcs $237,132 $6,627 $42,498 $286,257 62 Health & social services $365,213 $3,600 $361,779 $730,592 71 Arts- entertainment & recreation $890,357 $63,417 $60,260 $1,014,034 72 Accommodation & food services $2,904,377 $65,913 $172,932 $3,143,222 81 Other services $2,763,965 $87,711 $102,288 $2,953,964 92 Government $625,894 $17,191 $19,979 $663,064 93 Non NAICs $0 $0 $0 $0 Annual Expansion of Economy $14,119,665 $2,213,102 $1,779,427 $18,112,194 Per-Unit $141,197 $22,131 $17,794 $181,122 Source: Economic & Planning Systems Ripple Effects (Total Output Expansion) August 20, 2019 - Page 63 of 77 Economic Value & Community Benefits of Resident Housing Investment 18 Resident Household Spending Local resident households spend more of their income on retail goods and services in Vail than the daily spending patterns of in-commuters. It is estimated that Vail’s resident housing investment yields a net new local resident household spending of approximately $2.6 million per year. Town of Vail Fiscal Benefits Out of the net new local resident household spending it is estimated that $2.1 million is taxable spending, which generates more than $116,000 of sales tax revenues for Vail per year. Table 13. Expansion of Total Spending in Vail Economy Return on Investment Total Taxable Ann. Tax Rev Net New Local Spending 5.5% 11 Ag, Forestry, Fish & Hunting $98 21 Mining $145 22 Utilities $2 23 Construction $12,064 31-33 Manufacturing $610 42 Wholesale Trade $3,296 44-45 Retail trade $1,703,757 $1,703,757 $93,707 48-49 Transportation & Warehousing $29,821 51 Information $10,066 52 Finance & insurance $71,120 53 Real estate & rental $179,977 54 Professional- scientific & tech svcs $56,138 55 Management of companies $39,085 56 Administrative & waste services $14,980 61 Educational svcs $8,384 62 Health & social services $57,040 71 Arts- entertainment & recreation $12,994 72 Accommodation & food services $413,628 $413,628 $22,750 81 Other services $30,088 92 Government $6,318 93 Non NAICs $0 Annual Net New Spending $2,649,611 $2,117,385 $116,456 Per-Unit $26,496 $21,174 $1,165 Source: Economic & Planning Systems August 20, 2019 - Page 64 of 77 Economic & Planning Systems 19 Opportunity Costs In this analysis, two primary metrics are considered opportunity costs: 1) the Town’s alternative of investing in structured parking for in-commuters; and 2) business costs associated with worker turnover, training, and lost productivity. It is acknowledged that another alternative Town investment to structured parking could be enhanced transit services and the capital and operational costs associated with it. For the purposes of simplifying the analysis, structured parking was evaluated as the core alternative. Every year that Vail does not invest in resident housing and seeks to accommodate or incent economic growth means that either: a) Vail must build parking to accommodate the growing number of in-commuters and guests; or b) Vail’s business community must endure perpetual business costs associated with worker turnover, training, and lost productivity. In the overall analysis, opportunity costs are capitalized into estimates of return (i.e. the investment multiplier calculation) since they represent avoided costs to the economy. Parking The first of the opportunity costs relates to the costs of accommodating an expanding in- commuting workforce. This cost is based on the recent construction of structured parking in Vail at approximately $100,000 per space, but does not include the cost of land. This opportunity cost is further augmented by the fact that this would be an annual cost to Vail if it were to parallel to the goal of investing in 100 units of resident housing per year. As shown in Table 14 above, the cost of structured parking for an approximately 113 cars per day (accounting for local/non-local jobs, net new jobs to the economy, and carpooling) would be $11.3 million. Table 14. Parking Impact Opportunity Cost Factor Value Parking Investment Resident Housing Investment 100 Jobs Represented by Housing Investment 2.2 220 Vail Jobs 75%165 Net New Jobs to Economy 75%124 New Cars Needing Parking 9%113 TOV Parking Cost per Space $100,000 TOV Parking Investment Opportunity Cost $11,261,250 Per-Unit $112,612.50 Source: Economic & Planning Systems August 20, 2019 - Page 65 of 77 Economic Value & Community Benefits of Resident Housing Investment 20 Table 15. Worker Turnover Costs Opportunity Cost Factor Value Resident Housing Investment 100 Jobs Represented by Housing Investment 2.2 220 Vail Jobs 75%165 Net New Jobs to Economy 75%124 Average annual training cost per jobs that would otherwise "turnover"$6,796 Annual Business Costs of Turnover, Loss of Productivity, and Training $840,959 Per-Unit $8,409.59 Source: QCEW; Center for American Progress; Economic & Planning Systems Local Business Revenue (Cost Associated with Job Turnover, Loss of Productivity, and Training) Worker Turnover If Vail opted to invest in resident housing (not parking), research and analysis indicates that local businesses could reduce their annual costs associated with turnover, job training, and lost productivity by an estimated $840,000 per year. This estimate reflects the weighted average of annual turnover costs for positions in different industries at different annual wage levels. August 20, 2019 - Page 66 of 77 Economic & Planning Systems 21 Appendix 5. Terminology Area Median Income (AMI) is a metric that identifies the point of a target geography’s income distribution at which 50 percent of household earn more and 50 percent earn less. Percentages, such as 60, 80, 100, 120 percent of AMI are typically used to isolate levels of affordability within the distribution of households by income. The source of these data points is the Department of Housing and Urban Development, which defines local AMI annually. Community Benefit broadly refers to the other quantitative and qualitative benefits, such as: 1) reduction in worker commute time; 2) reduction in carbon emissions resulting from shorter commutes; 3) presence of school aged children; 4) greater community and civic involvement; and 5) enhanced quality of guest experience. Deed Restriction refers to a covenant in which it is stipulated that a property must be occupied as a primary residence by individuals who work a minimum of 30 hours per week in Eagle County. Gross Regional Product (GRP) is a measure of regional economic activity that includes employee compensation, business/corporate profits, and local tax revenue generation. Investment Multiplier is a measure, expressed as a ratio of broader economic returns (as measured by three components in this particular study) to an initial investment. The three components include: 1) the impact on the broader economy; 2) community benefits such as reduction in commute times and carbon emissions, increased volunteerism and presence of school-aged children; and c) the opportunity costs such as Vail alternatively investing in structured parking or enhanced transit service. Opportunity Cost is the highest price or rate of return an alternative course of action, i.e. an investment, would yield. In this analysis, opportunity costs are characterized as: 1) the cost to provide structured parking, which could also be an alternative to increased transit service investment; and 2) the annual cost of worker turnover to the business community. Output is a measure of total economic activity, also called “total spending”, that characterizes the sum of successive rounds of industry, business-to-business, and household spending. As an example, output in the residential construction industry would be equal to the purchase price of a housing unit. Quarterly Census of Employment and Wages (QCEW) is the Colorado Department of Labor & Employment’s (CDLE) record of employment and wages for all of the state’s employers. Records are reported at the individual establishment (i.e. address) level. Individual employer records are protected by confidentiality agreement. Resident Housing refers to a deed-restricted for-sale or rental housing unit (new construction, rehabilitation, acquisition, or existing). Data to estimate the average per-unit investment were obtained through the VLHA. Return on Investment (ROI) is an amount, typically expressed as a percentage, earned on an initial investment. The metric is calculated by dividing the initial investment (e.g. in resident housing) by the earnings before interest, debt, and taxes. August 20, 2019 - Page 67 of 77 Economic Value & Community Benefits of Resident Housing Investment 22 Table 16. Daytime Spending Return on Investment Input Value Resident Housing Investment 100 Jobs Represented by Housing Investment 2.2 220 Vail Jobs 75%165 Net New Jobs to Economy 75%124 Number of Previously In-Commuting Job-Holders (Diff.)41 Total Daily Spending by In-Commuting Job- Holders (ICSC)$20 Annual Spending by In-Commuting Job-Holders $206,250 Source: ICSC; Economic & Planning Systems Resident Household Spending (Calculation Part 1) Table 17. Resident Housing Household Spending Return on Investment Value Resident Household Spending (Calculation Part 2) Resident Housing Investment 100 Resident Households 100 Household Median Income (approximately 80% AMI)$64,000 Income Spent on Retail (NAICS 44/45)35% Gross Income Spent on Retail $22,400 Aggregate Income $2,240,000 Food Services $417,325 Retail $1,822,675 Source: ICSC; Economic & Planning Systems August 20, 2019 - Page 68 of 77 Economic & Planning Systems 23 Table 18. Commute Detail All Colorado In-Commuters to the Town of Vail, 2015 Distance (Miles)Commuters Edwards CDP, CO 14.1 miles 572 Denver city, CO 97.1 miles 295 Avon town, CO 10.0 miles 292 Eagle town, CO 30.3 miles 222 Gypsum town, CO 37.2 miles 198 Minturn town, CO 7.3 miles 125 Leadville city, CO 37.5 miles 97 Leadville North CDP, CO 37.5 miles 84 Aurora city, CO 111.0 miles 74 Colorado Springs city, CO 140.0 miles 68 Boulder city, CO 108.0 miles 67 Lakewood city, CO 92.5 miles 52 Fort Collins city, CO 157.0 miles 45 Glenwood Springs city, CO 60.9 miles 39 Breckenridge town, CO 36.0 miles 37 Highlands Ranch CDP, CO 107.0 miles 37 Centennial city, CO 108.0 miles 32 Red Cliff town, CO 16.0 miles 32 Arvada city, CO 95.0 miles 29 Frisco town, CO 26.5 miles 26 Basalt town, CO 84.0 miles 24 Aspen city, CO 102.0 miles 23 Broomfield city, CO 107.0 miles 23 Carbondale town, CO 73.9 miles 22 Longmont city, CO 130.0 miles 22 Silverthorne town, CO 30.2 miles 21 Westminster city, CO 99.8 miles 21 El Jebel CDP, CO 79.7 miles 20 Grand Junction city, CO 147.0 miles 19 Loveland city, CO 144.0 miles 19 Thornton city, CO 104.0 miles 19 New Castle town, CO 73.1 miles 18 Rifle city, CO 87.5 miles 17 Castle Rock town, CO 123.0 miles 15 Englewood city, CO 101.0 miles 15 Dotsero CDP, CO 42.5 miles 14 Ken Caryl CDP, CO 97.0 miles 14 Parker town, CO 118.0 miles 14 Steamboat Springs city, CO 93.1 miles 14 Craig city, CO 118.0 miles 13 Dakota Ridge CDP, CO 93.8 miles 12 Twin Lakes CDP, CO 57.7 miles 12 Silt town, CO 80.0 miles 11 Columbine CDP, CO 99.4 miles 10 Commerce City city, CO 103.0 miles 10 Dillon town, CO 31.8 miles 10 Littleton city, CO 103.0 miles 10 Other 126.8 miles 411 Average/Total 63.3 miles 3,276 Source: LEHD on the Map; Economic & Planning Systems August 20, 2019 - Page 69 of 77 August 20, 2019 - Page 70 of 77 August 20, 2019 - Page 71 of 77 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Recommendation for Eligibility in the Vail InDEED Deed Restriction Purchase program PRESENTER(S): George Ruther, Housing Director ACTION REQUESTED OF COUNCIL: Does the Vail Town Council support the recommendation of the Vail Local Housing Authority? If so, shall staff take the steps necessary to clarify the boundaries for participation to include areas of unincorporated Eagle County within the Gore Valley, east of Dowd Junction? BACKGROUND: Please refer to the staff memorandum to the Vail Local Housing Authority dated, August 7, 2019 for background information (attached). STAFF RECOMMENDATION: The Vail Local Housing Authority (VLHA) unanimously recommends that the Vail Town Council ratifies the determination of the VLHA that the property located at 3073 Bellflower Drive is eligible for participation in the Vail InDEED program. ATTACHMENTS: Description Vail InDEED Eligibility Memorandum August 20, 2019 - Page 72 of 77 To: Vail Town Council From: Vail Local Housing Authority Date: August 20, 2019 Subject: Recommendation for Eligibility in the Vail InDEED Deed Restriction Purchase program 1. SUMMARY The purpose of this memorandum is to forward the recommendation of the Vail Local Housing for participation in the Vail InDEED program. This request is in specific reference to the residential property located at 3073 Bellflower Drive, Unit #1. Upon review of the program criteria, and other factors highlighted in the staff memorandum to the Vail Local Housing Authority, the Authority members voted unanimously (4-0) at a special meeting on August to recommend allowing the residential property, located at 3073 Bellflower, Unit #1, to be considered for a deed restriction acquisition through the Vail InDEED program. 2. BACKGROUND Please refer to the staff memorandum to the Vail Local Housing Authority dated, August 7, 2019 for background information (attached) 3. RECOMMENDATIONS The Vail Local Housing Authority (VLHA) unanimously recommends that the Vail Town Council ratifies the determination of the VLHA that the property located at 3073 Bellflower Drive is eligible for participation in the Vail InDEED program. In forwarding their recommendation, the VLHA found that the property, in part, met the intent of the program and helped achieve the Town’s vision of maintaining and sustaining community through the creation and support for resident housing in Vail. Further, for purposes of clarity and expectation, the Vail Local Housing recommends that the Vail Town Council instruct the Town staff to amend the boundaries of eligibility for participation in the Vail InDEED program to extend to areas of unincorporated Eagle County located with the Gore Valley, east of Dowd Junction. 4. NEXT STEPS August 20, 2019 - Page 73 of 77 If ratified by the Vail Town Council, the Vail Local Housing Authority will then seek to negotiate a mutually acceptable deed-restriction purchase and sale agreement with the prospective buyer of the home. 5. ACTION REQUESTED The Vail Town Council is being asked to ratify the recommendation of the Vail Local Housing Authority determining that the residential property located at 3073 Bellflower Drive is eligible for participation in the Vail InDEED program Does the Vail Town Council support the recommendation of the Vail Local Housing Authority? If so, shall staff take the steps necessary to clarify the boundaries for participation to include areas of unincorporated Eagle County within the Gore Valley, east of Dowd Junction? 6. EXHIBITS Staff Memorandum to the Vail Local Housing Authority dated, August 7, 2019. Town of Vail Page 2 August 20, 2019 - Page 74 of 77 To: Vail Local Housing Authority From: George Ruther, Housing Director Lynne Campbell, Housing Coordinator Date: August 7, 2019 Subject: Vail InDEED Application – Thelen – VID19-035 1. SUMMARY The Town of Vail Housing Department has received a Vail InDEED Application for the sale of a deed restriction at the property located at 3073 Bellflower Road, Unit #1. According to the Town of Vail municipal boundary map, the three-bedroom, two bath townhome property is located within unincorporated Eagle County, outside the municipal boundary of the Town of Vail. The property is not yet under contract for purchase. Given the location of the property outside the Town’s municipal boundary, the applicant is inquiring as to whether property is eligible for consideration in the Vail InDEED program. If eligible for consideration, the applicant will request review of their application. 2. BACKGROUND The following three background factors are relevant to the determination of eligibility for participation in the Vail InDEED program. 1. The Vail InDEED Program was established to protect and preserve existing residential homes in the Town of Vail for resident occupancy. This effort is in response to achieving the Town’s goal of acquiring 1,000 new deed-restrictions by the year 2027. To date, the program has been exceedingly successful. 2. The Vail Town Council adopted Resolution No. 34, Series of 2016 appointing the Vail Local Housing Authority as the Town’s agent to negotiate and purchase deed restrictions in the Town, on behalf of the Vail Town Council. Section 2a, delegation of the authority, indicates, “Implement the Plan through the negotiation and purchase of Deed Restrictions in the Town;” 3. The Vail Town Council authorized the purchase of 23 deed-restrictions at the new 6 West Apartments in Edwards, CO. This purchase was completed with the intent of achieving the Town’s adopted housing goal and in keeping with the adopted housing policy statements. August 20, 2019 - Page 75 of 77 4. The residential property located at 3037 Bellflower Road is within the Gore Valley. The property is three residential lots removed from the Town’s municipal boundary. According to Google Earth maps, the property is less than 300 feet west of the Town boundary. 5. The stated mission of the Vail Housing 2027 Strategic Plan is to maintain and sustain community through the creation and support of resident housing in Vail. 6. When adopting the procedures for the Vail InDEED program there was acknowledgement and understanding that from time to time the Vail Local Housing Authority would need to rely upon its discretion when implementing the program. 3. RECOMMENDATIONS The Town of Vail Housing Department recommends the Vail Local Housing Authority makes the determination that the property is eligible for participation in the Vail InDEED program. Staff’s recommendation is based upon the consideration of the six factors listed above. In sum, for all intents and purpose, and understanding the immediate adjacency to the Town boundary, the property and its residents are located in, and contribute to, maintaining and sustaining community in Vail. It should be noted that the Vail Local Housing Authority is not making a determination of acceptance of an offer to purchase. That determination will be made in executive session following review of the application request and proposed property features. The town attorney has opined that such determinations are appropriate for executive session. 4. NEXT STEPS The Vail Local Housing Authority may make an offer to purchase contingent upon Vail Town Council ratification. 5. ACTION REQUESTED Does the Vail Local Housing Authority support the staff recommendation that the property is eligible for further consideration in the Vail InDEED program? Town of Vail Page 2 August 20, 2019 - Page 76 of 77 VAIL TOWN COUNCIL AGENDA MEMO ITEM/TOPIC: Adjournment 7:30 p.m. estimate August 20, 2019 - Page 77 of 77