HomeMy WebLinkAbout2021-12-14 VLHA AgendaVail Local Housing Authority Age nda
December 14, 2021
3:00 PM
Virtual Meeting
75 S . F rontage Road - Vail, C olorado, 81657
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
1.4.I ntroduction: Martha Anderson, Housing Coordinator I ntroduction
2.Citizen Participation
2.1.Citizen Participation 5 Min.
3.Approval of Minutes
3.1.V L HA November 9, 2021 Minutes 5 Min.
4.Main Agenda
4.1.Resolution No. 16, Series of 2021, A Resolution Adopting a Budget and Making
Appropriations to Pay the Costs, Expenses and Liabilities of the Vail Local
Housing Authority, for its Fiscal Year J anuary 1, 2022 through December 31,
2022.
5 Min.
Presenter:Carlie Smith, Town of Vail Financial Services Manager
4.2.Resolution No. 17, Series of 2021, A Resolution Approving an Exemption from
Audit for the Fiscal Year 2021, for the Vail Local Housing Authority in the State
of Colorado.
5 Min.
Presenter:Carlie Smith, Town of Vail Financial Services Manager
5.Matters from the Chairman and Authority Members
5.1.Matters from the Chairman and Authority Members 15 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,
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 I nD E E D applications and deed restrictions.
20 Min.
Presenter:Lynne Campbell, Senior Housing Coordinator
7.Any Action as a Result of Executive Session
7.1.Any Action as a Result of Executive Session 5 Min.
8.Adjournment
8.1.Adjournment 5:00P M (estimate)
9.Future Agenda Items
9.1.Land Banking (sale of GRFA)
I nvestment Banker Discussion
Long Term Housing Funding
10.Next Meeting Date
10.1.Next Meeting Date January 11, 2021, December 28, 2021 has been
cancelled
M e e ting age ndas and mate rials can be acce sse d prior to me e ting day on the Town of Vail we bsite
www.v ailgov.com. All housing authority me e tings are ope n to the public. Time s and orde r of age nda are
approximate , subje ct to change , and cannot be re lie d upon to de te rmine at what time the Vail Local
Housing Authority will discuss an ite m. Ple ase call (970) 479-2150 for additional information. Ple ase call 711
for sign language inte rpre tation 48 hours prior to me e ting time .
Housing De partme nt
VA I L L O C A L HO US I NG A UT HO R I T Y A G E ND A ME MO
I T E M /T O P I C: V L HA November 9, 2021 Minutes
AT TAC H ME N TS:
Description
V L H A November 9, 2021 Minutes
Vail Local Housing Authority Minutes
November 9, 2021
3:00 PM
Virtual Meeting
75 S. Frontage Road - Vail, Colorado, 81657
PRESENT ABSENT
Steve Lindstrom Mary McDougall
Greg Moffet Molly Morales
James Wilkins
Staff
Lynne Campbell, Senior Housing Coordinator
George Ruther, Housing Director
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, Morales and McDougall are absent. Lindstrom called the
meeting to order at 3:02PM.
2. Citizen Participation
2.1. Citizen Participation
There are no comments.
3. Approval of Minutes
3.1. VLHA September 28, 2021 Minutes
MOTION: MOFFET SECOND: LINDSTROM VOTE: 2-0-1 AP
(WILKINS ABSTAINED)
3.2. VLHA October 26, 2021 Minutes
MOTION: MOFFET SECOND: WILKINS VOTE: 3-0 AP
4. Matters from the Chairman and Authority Members
4.1. Matters from the Chairman and Authority Members
Presenter: Steve Lindstrom, Chairman
The West Vail Master Plan was approved at the November 2, 2021 Council
meeting. Discussion ensued around ideas to improve communication and improve
the homeowner’s ability to improve their nonconforming residential properties.
There is a need to create a fair and efficient redevelopment process. Members
suggested reintroducing the Council Housing Task Force to allow for good
communication and keeping ideas in front of Council.
Edwards River Park was approved at the last County Commission meeting.
Ruther thanked the members for their efforts in the community to promote Ballot
Issue 2A which resulted in a yes vote.
Moffet made a motion to leave the regular meeting and enter executive session.
MOTION: MOFFET SECOND: WILKINS VOTE: 3-0 AP
5. Executive Session
5.1. 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
VLHA reentered with everyone but Ruther at 3:39PM.
6. Any Action as a Result of Executive Session
6.1. Any Action as a Result of Executive Session
Moffet moved to direct staff to continue with Vail InDEED negotiations as discussed
in executive session.
MOTION: MOFFET SECOND: WILKINS VOTE: 3-0 AP
7. Adjournment
7.1. Adjournment 3:40PM
MOTION: MOFFET SECOND: WILKINS VOTE: 3-0 AP
8. Future Agenda Items
8.1.
• Land Banking (sale of GRFA)
• Investment Banker Discussion
• Long Term Housing Funding
9. Next Meeting Date
9.1. Next Meeting Date December 14, 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
VA I L L O C A L HO US I NG A UT HO R I T Y A G E ND A ME MO
I T E M /T O P I C: Resolution No. 16, S eries of 2021, A Resolution Adopting a B udget and Making
A ppropriations to P ay the Costs, E xpenses and L iabilities of the Vail L ocal Housing Authority, for
its Fiscal Year J anuary 1, 2022 through December 31, 2022.
AT TAC H ME N TS:
Description
Resolution No. 16, Series of 2021
Proposed
2020 2021 2021 2022
Actual Budget Forecast Budget
Revenue
Middle Creek Revenue Share / Mgmt Fee 15,522$ 14,000$ 15,300$ 15,500$
Interest Income 1,416 500 45 100
Ground Lease Revenue 35,000 35,000 35,000 35,000
Total Revenue 51,938 49,500 50,345 50,600
Expenditures
Accounting Fees 1,200 1,200 1,200 1,200
Operating, Maintenance & Contracts 9,181 39,500 18,000 39,500
Total Expenditures 10,381 40,700 19,200 40,700
Revenue Over (Under) Expenditures 41,557 8,800 31,145 9,900
Beginning Fund Balance 278,278 319,836 319,836 350,981
Ending Fund Balance 319,836$ 328,636$ 350,981$ 360,881$
2022 PROPOSED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
VAIL LOCAL HOUSING AUTHORITY
RESOLUTION NO. 16, SERIES 2021
VAIL LOCAL HOUSING AUTHORITY
A RESOLUTION ADOPTING A BUDGET AND MAKING APPROPRIATIONS
TO PAY THE COSTS, EXPENSES AND LIABILITIES OF THE VAIL LOCAL
HOUSING AUTHORITY, FOR ITS FISCAL YEAR JANUARY 1, 2022
THROUGH DECEMBER 31, 2022.
WHEREAS, the Vail Local Housing Authority board received and approved the
budget for the fiscal year 2022 on December 14, 2021; and
WHEREAS, in accordance with CRS section 29-1-106 a notice of budget hearing
has been published; and
WHEREAS, notice of this public hearing to consider the adoption of the proposed
Vail Local Housing Authority budget was published in the VAIL DAILY on the
7th day of December, 2021; and
NOW THEREFORE, LET IT BE RESOLVED by the Vail Local Housing
Authority of Vail, Colorado, as follows:
The Vail Local Housing Authority Board adopts the submitted budget and
appropriates $40,700 in expenditures beginning on the first day of January, 2022,
and ending on the 31st day of December, 2022.
Signed:
___________________________________
Steve Lindstrom, Chairman
Attest:
___________________________________
Lynne Campbell, Vail Housing Coordinator
VA I L L O C A L HO US I NG A UT HO R I T Y A G E ND A ME MO
I T E M /T O P I C:
Resolution No. 17, Series of 2021, A Resolution A pproving an E xemption from A udit f or the Fiscal
Year 2021, for the Vail L ocal Housing Authority in the S tate of Colorado.
AT TAC H ME N TS:
Description
Resolution No. 17, Series of 2021
RESOLUTION NO. 17, SERIES OF 2021
RESOLUTION NO. 17 SERIES OF 2021
A RESOLUTION APROVING AN EXEMPTION FROM AUDIT FOR THE FISCAL
YEAR 2021, FOR THE VAIL LOCAL HOUSING AUTHORITY IN THE STATE OF
COLORADO.
WHEREAS, the board of the Vail Local Housing Authority wishes to claim
exemption from the audit requirements of Section 29-1-603, C.R.S.; and
WHEREAS, Section 29-1-604, C.R.S. states that any local government where
neither revenues nor expenditures exceed five hundred thousand dollars may,
with the approval of the state auditor, be exempt from the provisions of Section
29-1-603, C.R.S.; and
WHEREAS, neither revenues nor expenditures for the Vail Local Housing
Authority exceeded $100,000 for fiscal year 2021; and
WHEREAS, an application for exemption from audit for the Vail Local Housing
Authority has been prepared by Carlie Smith, a person skilled in governmental
accounting; and
WHEREAS, said application for exemption from audit has been completed in
accordance with regulations issued by the state auditor.
NOW THEREFORE, it be ordained by the board of the Vail Local Housing
Authority that the application for exemption from audit for the Vail Local Housing
Authority for the fiscal year ended, December 31, 2021, has been reviewed and
is hereby approved by a majority of the board of the Vail Local Housing Authority’
that those members of the Vail Local Housing Authority have signified their
approval by signing below; and that this resolution shall be attached to, and shall
become a part of the application for exemption for audit of the Vail Local Housing
Authority for the fiscal year ended December 31, 2021.
ADOPTED THIS 14th DAY OF DECEMBER 2021.
ATTEST: SIGNED:
________________ __________________
Lynne Campbell, Secretary Steve Lindstrom, Chairman
RESOLUTION NO. 17, SERIES OF 2021
Members of Board Date Term Expires Signature
Steve Lindstrom 05/31/2025
Molly Morales 05/31/2023
James Wilkins 05/31/2024
Mary McDougall 05/31/2026
Greg Moffet 05/31/2022
Board
Member
3
Print Board Member's Name
Board
Member
2
I ______________________________ , attest I am a duly elected or appointed board
member, and that I have personally reviewed and approve this application for
exemption from audit.
Signed__________________________________
Date:_____________________
My term Expires:______________________
Board
Member
6
Print Board Member's Name
Print the names of ALL members of
current governing body below.
Print Board Member's Name I ______________________________ , attest I am a duly elected or appointed board
member, and that I have personally reviewed and approve this application for
exemption from audit.
Signed__________________________________
Date:_____________________
My term Expires:______________________
Board
Member
4
I ______________________________ , attest I am a duly elected or appointed board
member, and that I have personally reviewed and approve this application for
exemption from audit.
Signed__________________________________
Date:_____________________
My term Expires:______________________
Print Board Member's Name
Print Board Member's Name
I ______________________________ , attest I am a duly elected or appointed board
member, and that I have personally reviewed and approve this application for
exemption from audit.
Signed__________________________________
Date:_____________________
My term Expires:______________________
A MAJORITY of the members of the governing body must complete and sign in the column below.
I ______________________________ , attest I am a duly elected or appointed board
member, and that I have personally reviewed and approve this application for
exemption from audit.
Signed__________________________________
Date:_____________________
My term Expires:______________________
Print Board Member's Name
Board
Member
7
Board
Member
5
Print Board Member's Name
I ______________________________ , attest I am a duly elected or appointed board
member, and that I have personally reviewed and approve this application for
exemption from audit.
Signed__________________________________
Date:_____________________
My term Expires:______________________
Board
Member
1
I ______________________________ , attest I am a duly elected or appointed board
member, and that I have personally reviewed and approve this application for
exemption from audit.
Signed__________________________________
Date:_____________________
My term Expires:______________________
9