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HomeMy WebLinkAbout2021-04-27 TROC Agenda TOWN OF VAI t Timber Ridge Operating Committee Results Tuesday, April 27, 2021 8:30AM — 9:30AM Zoom Virtual Meeting 75 South Frontage Road West, Vail, CO 81657 Members Present: Members Absent: Scott Robson Kathleen Halloran George Ruther John King Greg Hall Corum: Ericka Weston Brandon Crow Staff: Lynne Campbell Agenda: 1. Call to Order 2. Meeting Results March 30, 2021 MOTION: SECOND: VOTE: 3. Master Leasing and Website 4. Vail Resorts Rental Turns and Hold Over Units 5. Timber Ridge Redevelopment 6. Other Business 7. Adjournment - Estimated 9.30AM MOTION: SECOND: VOTE: The next scheduled meeting of the Timber Ridge Operating Committee is May 25, 2021. Please call 970-479-2136 for additional information. Sign language interpretation is available upon request with 48 hour notification dial 711. TOWN OF VAI t Timber Ridge Operating Committee Results Tuesday, March 30, 2021 8:30AM — 9:30AM Zoom Virtual Meeting 75 South Frontage Road West, Vail, CO 81657 Members Present: Members Absent: Scott Robson Greg Hall Kathleen Halloran John King George Ruther Corum: Ericka Weston Brandon Crow Staff: Lynne Campbell Agenda: 1. Call to Order Meeting called to order at 8.35 AM. Hall and King were absent. 2. Meeting Results February 9, 2021, February 23, 2021 and March 10, 2021 MOTION: ROBSON SECOND: HALLORAN VOTE: 3-0 APPROVED 3. Master Leasing and Website Per Crow Vail Resorts (VR) has sent vacate letters to all tenants, last day is April 21st. Some tenants have contracted Crow regarding individual leasing. A walk through of VR units will occur with Crow, Weston and Kevin on April 7t" and /or 8t" VR will be notified of any damages. VR damage deposit in form of letter of credit. Halloran to confirm LOC is still in place and determine requirements for drawing from letter should it be needed for repairs. Corum/Town of Vail have 60 days to return deposit to VR. Crow has a short list of interested renters. Rental or unit specifics have not been shared at this time. Master leasing to local businesses will be discussed case by case. Committee thought best to create individual unit leases for businesses. Ruther will discuss Timber Ridge leasing templates with legal. 4. Website Status Corum reviewed the Timber Ridge Apartments demo website. The live link will be shared with TROC by beginning of week April 5t". Town of Vail will publish link and communicate to the community. 5. Other Business Committee agreed to have a status follow up meeting in the next two weeks. Housing will send appointment. 6. Adjournment Meeting adjourned at 8:58AM. The next scheduled meeting of the Timber Ridge Operating Committee is April 27, 2021. Please call 970-479-2136 for additional information. Sign language interpretation is available upon request with 48 hour notification dial 711.