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HomeMy WebLinkAbout2021-07-13 VLHA Miniutes Vail Local Housing Authority Minutes TOWN OF VA 1,4 July 13, 2021 3:00 P.M. Virtual Meeting 75 S. Frontage Road -Vail, Colorado, 81657 ..... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ............ PRESENT ABSENT Steve Lindstrom Mary McDougall James Wilkins 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 All members are present, Lindstrom called the meeting to order at 3:04 p.m. 2. Citizen Participation 2.1. Citizen Participation No comments 3. Approval of Minutes 3.1. VLHA June 22, 2021 Minutes MOTION: MOFFET SECOND: WILKINS VOTE: 4-0-1 APPROVED (MORALES ABSTAINED) 4. Main Agenda 4.1. Resolution No. 10, Series of 2021,A Resolution Approving the Purchase of a Deed Restriction Interest in Property (Type III Deed Restriction) in the Town of Vail Legally Described as Unit B, Building 1, Sandstone 70, Eagle County, Colorado with a Physical Address of 905 Red Sandstone Road, Unit 1 B, Vail Colorado; and Setting Forth Details in Regard Thereto. Presenter: Lynne Campbell, Housing Coordinator MOTION: MOFFET SECOND: MORALES VOTE: 5-0 APPROVED 4.2. Proposed 2022 Town of Vail Draft Budget Recommendations Presenter: George Ruther, Housing Director Ruther informed the Authority the Town has begun budget review for 2022. He asked if they had input. Items discussed: • CDOT parcel in East Vail. Separate funding source needed for the entitlement process to build a for-sale development, possibly similar to Chamonix Vail. • Cascade Tennis Courts. Funds for development review process with potential public- private partnership, similar to Solar Vail. Amount to be determined. • Increase their Vail InDEED approval amount from $200K. $2.5M is listed for 2022 budget year. • Housing data, funding available in 2021 roll to 2022 and possibly increase funding for outside consultants. Other housing opportunities discussed: • 2027 Housing plan update. There is agreement to provide an update to include where we started, approvals, denials and missed opportunities. • Increase involvement home purchases (buy downs) and resales. Opportunity to create buyer assistance program thereby helping a buyer to buy a specific property. • Provide rental subsidies, approved by the Authority for critical jobs, for instance teachers, childcare, etc. • Housing incentives to owners to rent full time versus short term. • Rent assistance to stay in Town of Vail limits • Partnerships with other entities: ERWSD, Eagle County School District and the Town • Housing Asset Management System Next high level budget meeting with Council will be on July 201n Discussion ensued how the Town intended to use state allocated funds. Ruther recommended to Council to use funds for prioritizing shovel ready developments. Funding from the state may be used for rent deltas, development and purchasing housing. 5. Matters from the Chairman and Authority Members 5.1. Matters from the Chairman and Authority Members Presenter: Steve Lindstrom, Chairman Residences at Mail Vail (RMV) was denied 3-1 at the July 7th DRB meeting. Triumph will file appeal to Council for the August 3,d meeting. West Vail Master Plan has a webinar tonight at 5:30 p.m. recapping where draft is. Zoning in neighborhoods is listed in the plan. Lindstrom suggested the Authority follow and comment. 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 There were no items for executive session review. 7. Any Action as a Result of Executive Session 7.1. Action As Results of Executive Session No action taken. 8. Adjournment 8.1. Adjournment 5:00 p.m. (estimated time) Meeting adjourned at 4:05 p.m. MOTION: MOFFET SECOND: MC DOUGALL VOTE: 5-0 APPROVED 9. Future Agenda Items 9.1. • Deed Restriction Compliance and Enforcement Policies Recommendation • Public Health Housing Incentive, Eagle County Health Land Banking (sale of GRFA) • 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 July 27, 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