HomeMy WebLinkAbout2020-05-26 VLHA Meeting Results
Vail Local Housing Authority
Meeting Results
May 26, 2020
3:00 PM
Virtual
75 S. Frontage Road - Vail, Colorado, 81657
1. Call to Order
1.1. Virtual Meeting Part 1
1.2. Virtual Meeting Part 2
1.3. Call to Order
A quorum being present Greg Moffet called the meeting to order at 3:14PM. Authority
members present are Moffet, Morales, McDougall, Wilkins; Ruther and Campbell from
staff. Lindstrom arrived at 3:30PM.
1.4. Swearing in New Vail Local Housing Authority Member Steve Lindstrom
Stephanie Bibbens, Deputy Town Clerk swore in Lindstrom for a 5-year term.
2. Citizen Participation
2.1. Citizen Participation
Jeff Babb, John Plack joined the meeting to listen.
3. Approval of Minutes
3.1. VLHA April 28, 2020 Meeting Results
MOTION: WILKINS SECOND: MORALES VOTE: 4-0 APPROVED
4. Main Agenda
4.1. Appointment of VLHA Chairperson
Moffet nominated Lindstrom.
MOTION: MOFFET SECOND: MORALES VOTE: 4-0 APPROVED
4.2. 2019 EHU Compliance Update
Presenter: Lynne Campbell, Housing Coordinator
Campbell provided an update on the 2019 EHU annual compliance noting there are 17
nd
owners non-compliant as of May 22 and of those 15 are repeat offenders. Next step is
to work with the Police department to write and issues summons to appear in court.
Ruther updated VLHA regarding resale and under contract by TOV to purchase and
TOV will resell unit through lottery. Moffet asked what we need to do to remove owner.
Ruther noted the Town has a mutually agreed contract. If they don’t move forward it will
be breach of contract.
Wilkins said get word out action is being taken. Reach out to past delinquencies
regarding new policy.
The Authority wants to see consequences.
The Town is working toward remedies which are administrative I nature.
Discussion ensued about penalty options.
Ruther said the Housing department needs to get with Town Attorney’s to implement
new financial process.
4.3. Resolution No. 13, Series of 2020, A Resolution Approving an Amended Ground Lease
Between the Town of Vail, Vail Local Housing Authority and Middle Creek Village LLC.
Presenter: George Ruther, Housing Director
Ruther provided overview of resolution 13. The Authority is one of the 3 parties in the
triparty agreement which includes Middle Creek Village LLC and the Town of Vail. The
Authority has a 1/10th of 1% interest of the development property of middle creek
village which entitles the Authority to ½ of a percent (0.005%) of the monthly gross rents
collected.
Coughlin and Company have requested to refinance their debit. Many requirements of
the Low-Income Tax Credit (LITCH) obligation expire after 15 years if bought out by
ownership group. Coughlin and Company are restructuring their debt to become sole
property owner with one lender.
To achieve this the lease area needs to be amended, removing the land area under the
Children’s Garden of Learning. Improvements will remain with a smaller parcel. An
ingress/egress easement will be added, removal of all obsolete and non-pertinent
language from current agreements. It remains a triparty agreement with 100% of
property deed restricted. expire March 1, 2056 as originally intended. The Town retains
land ownership.
VLHA continues to receive $1 per year plus ½% of gross rent revenues. Because VLHA
is third party they must approve changes which moves forward to the Council for review
and approval. The final resolution will be brought back for the Authority approval.
Moffet asked if the Authority remains party to decisions made on the daycare site.
No per Ruther. The amendment creating Lot 3 becomes part of town ownership and no
longer part of the Authority’s purview. Ruther believes Lot 3, CGL, will most likely come
back before the Authority for future consideration.
MOTION: MORALES SECOND: MCDOUGALL VOTE: 4-0 APPROVED
4.4. Vail Local Housing Authority Semi-Annual Update
Presenter: George Ruther, Housing Director
Ruther provided update regarding progress made. On June 2, 2020 the Housing
department will share updates on Vail InDEED, long term incentives, Middle Creek
Village LLC amended ground lease and any other actions taken in the last 6 months.
Morales asked that the compliance information be added to the update as well.
5. Matters from the Chairman and Authority Members
5.1. Matters from the Chairman and Authority Members
Presenter: Steve Lindstrom, Chairman
Lindstrom noted a property out by airport went under contract to outside area party.
Moffet motioned to exit the regular meeting and enter executive session.
MOTION: MOFFET SECOND: MORALES VOTE: 5-0 APPROVED
6. Executive Session
6.1. Executive Session per C.R.S. §24-6-402(4)(a)(e) - to discuss the purchase, acquisition,
lease, transfer, or sale of property interests and to determine positions, develop a
strategy and instruct negotiators, regarding: submitted Vail InDEED applications and
program details.
Presenter: Lynne Campbell, Housing Coordinator
Moffet motioned to exit executive session and reenter the regular meeting.
MOTION: MOFFET SECOND: MORALES VOTE: 5-0 APPROVED
The Authority reentered the regular meeting, Wilkins departed the meeting after the
Authority adjourned executive session.
7. Any Action as a Result of Executive Session
7.1. Action as a Result of Executive Session
McDougall motioned to direct staff to move forward with Vail InDEED applications as
discussed in executive session.
MOTION: MCDOUGALLSECOND: MORALESVOTE: 4-0 APPROVED
8. Adjournment
8.1. Adjournment 5:00 PM (estimated time)
Moffet motioned to adjourn the meeting at 4:05PM.
MOTION: MOFFET SECOND: MORALES VOTE: 4-0 APPROVED
9. Future Agenda Items
9.1. Future Agenda Items
Incentives for Long Term Rentals in the Town of Vail
Housing Sites Discussion
Land Banking (sale of GRFA)
Public Health Housing Incentive, Eagle County Health
10. Next Meeting Date
Next Meeting Date June 9, 2020
Meeting agendas and materials can be accessed prior to meeting day on the Town of Vail
website www.vailgov.com. All housing authority meetings are open to the public. Times
and order of agenda are approximate, subject to change, and cannot be relied upon to
determine at what time the Vail Local Housing Authority will discuss an item. Please call
(970) 479-2150 for additional information. Please call 711 for sign language interpretation
48 hours prior to meeting time.
Housing Department