HomeMy WebLinkAbout2020-07-28 TROC Minutes
Timber Ridge Operating Committee
Meeting Results
Tuesday, July 28, 2020
8:30 – 9:30 AM
Zoom Meeting
https://us02web.zoom.us/j/81005023582
75 South Frontage Road West, Vail, CO 81657
Members Present: Members Absent:
Scott Robson Greg Hall
Kathleen Halloran
John King
George Ruther
Corum Real Estate:
Ericka Weston
Brandon Crow
Staff:
Lynne Campbell
Agenda:
Call to Order
1. Call to Order
Meeting called to order at 8:35AM. All members present except Greg Hall.
2. Review and Approve May 26, 2020 and June 23, 2020 Meeting Results
MOTION: KING SECOND: RUTHER VOTE: 3-0 APPROVED
(Halloran joined meeting
after vote)
3. Timber Ridge Rental Renewal and Abatement Updates
The Committed discussed the status of all leases, Crow is waiting to hear from 6
apartments regarding status whose leases expire September 30, 2020. Committee
agreed to keep relief program in place until funds are depleted.
4.Building M RemodelStatus
The remodel has been completed on schedule and units are ready for move in. Per
Corum Vail Resorts employees moving in end of July early August.
5. Timber Ridge Rockfall Mitigation
King believes completed, confirmwith Greg Hall at next meeting.
6. Other Business
The 2021 Timber Ridge budget will be discussed at the August 25, 2020 meeting.
Corum believes they are on track to collect all debit.
7. Adjournment 9:30AM (estimated)
Meeting adjourned at 8:55 AM.
MOTION: RUTHER SECOND: KING VOTE: 4-0 APPROVED
8. Future Items for Discussion
Timber Ridge Redevelopment
Note Pay Down or Off
Next Meeting August 25, 2020
Please call 970-479-2136 for additional information. Sign language interpretation is
available upon request with 48-hour notification dial 711.