HomeMy WebLinkAbout2021-05-25 VLHA Agenda Vail Local Housing Authority Agenda
TOWN OF VAILA May 25, 2021
3:00 PM
Zoom Virtual Meeting
75 S. Frontage Road -Vail, Colorado, 81657
1. Call to Order
1.1. Swearing in Vail Local Housing Authority Member Mary McDougall. 5 Min.
1.2. VLHA Meeting 1 (call to order pre-executive session)
1.3. VLHA Meeting 2 (post executive session)
1.4. Call to Order
2. Citizen Participation
2.1. Citizen Participation 5 Min.
3. Approval of Minutes
3.1. VLHA Minutes April 27, 2021 5 Min.
4. Main Agenda
4.1. Commercial Linkage/ Inclusionary Zoning Update 60 Min.
Presenter: Andrew Knudtsen & Rachel Shindman, Economic Planning Systems
5. Matters from the Chairman and Authority Members
5.1. Matters from the Chairman and Authority Members 10 Min.
Presenter: Steve Lindstrom, Chairman
6. Executive Session
6.1. Executive Session per C.R.S. §24-6-402(4)(a)(e) - to discuss the purchase, 30 Min.
acquisition, lease, transfer or sale of real, personal or other property interests
and to determine positions relative to matters that may be subject to negotiations
regarding: Vail InDEED applications and deed restrictions.
Presenter: Lynne Campbell, Housing Coordinator
7. Any Action as a Result of Executive Session
7.1. Action As Results of Executive Session 5 Min.
8. Adjournment
8.1. Adjournment 5:OOPM (estimated time)
9. Future Agenda Items
9.1. • Land Banking (sale of GRFA)
• Public Health Housing I ncentive, Eagle County Health
• Joint VLHA, Town Council, Planning & Environmental Commission
Meeting Regarding Commercial Linkage/Inclusionary Zoning and
Adopted Housing Policy Review
• Investment Banker Discussion - Long Term Housing Funding
10. Next Meeting Date
10.1. Next Meeting Date June 8, 2021
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
TOWN OF IL,
VAIL LOCAL HOUSING AUTHORITYAGENDA MEMO
ITEM/TOPIC: VLHA Minutes April 27, 2021
ATTACHMENTS:
Description
VLHA Minutes April 27, 2021
Vail Local Housing Authority Minutes
T � F &) April 27, 2021
3:00 PM
Virtual Meeting
75 S. Frontage Road -Vail, Colorado, 81657
PRESENT ABSENT
Steve Lindstrom James Wilkins
Mary McDougall Molly Morales
Greg Moffet
STAFF
George Ruther, Housing Director
Lynne Campbell, Housing Coordinator
1. Call to Order
1.1. Zoom Meeting 1 (call to order pre-executive session)
1.2. Zoom Meeting 2 (post executive session)
1.3. Call to Order
A quorum is present. Lindstrom called the meeting to order at 3:04PM. Wilkins and Morales
are absent.
2. Citizen Participation
2.1. Citizen Participation
No comments.
3. Approval of Minutes
VLHA Meeting Minutes April 13, 2021
MOTION: MOFFET SECOND: MC DOUGALL VOTE: 3-0 APPROVED
4. Main Agenda
4.1. Deed Restriction Values
Presenter: Tim Zarlengo, George K Baum &Associates
Tabled to May 25, 2021
4.2. Inclusionary Zoning, Commercial Linkage and Residential Linkage Discussion
Presenter: Andrew Knudtsen & Rachel Shindman, Economic Planning Systems
EPS presented an update on available options for residential linkage and fee-in-lieu.
The Authority and EPS discussed the data presented, goals and decisions needed from
the Authority and Town Council.
• Determine mitigation rate for residential linkage
o Fee amounts shown on presentation on page 7 are 100% mitigation rate.
Once mitigation rate applied the fee will come down.
o How high can mitigation rates be set?
• Determine fee-in-lieu amount
• Update policy language
• Adjust policies as needed
Questions arose regarding what the local housing impacts are based on new housing
construction. How much total housing is needed, how much needs to be mitigated, how
is housing provided? Update the policy for how much the developer is required to
mitigate.
Fee-in-lieu options shown in presentation are based on:
■ Purchase price gap on all homes
■ Price based on new homes in East Vail, West Vail and Sandstone cost
■ Average new price of all homes in Vail
Discussion revolved around the benefits and consequences placing housing down
valley. Don't removed the down valley housing unit option but make a more expensive
to meet mitigation. The Town cannot use money easily West of Vail.
The ultimate goal is to meet locals housing needs. The Town's current goal is to provide
30% of housing for locals.
Favorable options noted today are
• Down valley least incented favorable option
• Fee-in-lieu
• On-site construction as most favorable option
According to EPS the courts will not look into study details rather look for internal
inconsistencies. Generation rates will be based on the most recent RRC study. The
Town may need to bring alignment to Commercial and Residential Linkage.
EPS will return with an update at the May 25th VLHA meeting.
5. Matters from the Chairman and Authority Members
5.1. Matters from the Chairman and Authority Members
Presenter: Steve Lindstrom, Chairman
Lindstrom and Mauriello Group has presented comments to the West Vail advisory
committee. Planners are drafting a plan and Lindstrom noted Council may look for VLHA
review and comments.
Moffet stated the County Commission provided vague direction for the Edwards
development, Eagle River Station. Density of project is a concern for neighborhood.
Ruther stated the Authority may need to weigh in whether the Town is truly meeting
residential housing as a sustainable tool for the community.
The Housing department has a few resales in the que.
Moffet made a motion to leave the regular meeting and enter executive session.
MOTION: MOFFET SECOND: MC DOUGALL VOTE: 3-0 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 real, personal or other property interests and to determine
positions relative to matters that may be subject to negotiations regarding: Vail InDEED
applications and deed restrictions.
Presenter: Lynne Campbell, Housing Coordinator
Moffet mad a motion to re-enter the regular meeting.
MOTION: MOFFET SECOND: MC DOUGALL VOTE: 3-0 APPROVED
7. Any Action as a Result of Executive Session
7.1. Any Action as a Result of Executive Session
Moffet motioned for staff to continue with the Vail InDEED negotiations as discussed in
executive session.
MOTION: MOFFET SECOND: MC DOUGALL VOTE: 3-0 APPROVED
8. Adjournment
8.1. Adjournment 5:OOPM (estimated time)
Moffet motioned to adjourn the meeting at 4:36PM.
MOTION: MOFFET SECOND: MC DOUGALL VOTE: 3-0 APPROVED
9. Future Agenda Items
9.1.
• Land Banking (sale of GRFA)
• Public Health Housing Incentive, Eagle County Health
• Joint VLHA, Town Council, Planning & Environmental Commission Meeting
Regarding Commercial Linkage/Inclusionary Zoning and Adopted Housing Policy
Review
• Investment Banker Discussion - Long Term Housing Funding
10. Next Meeting Date
10.1. Next Meeting Date May 11, 2021
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
TOWN OF IL,
VAIL LOCAL HOUSING AUTHORITYAGENDA MEMO
ITEM/TOPIC: Commercial Linkage / InclusionaryZoning Update
ATTACHMENTS:
Description
EPS Presentation -VLHA May 25 2021
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