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HomeMy WebLinkAbout2022-02-08 VLHA Minutes Vail Local Housing Authority Minutes February 8, 2022 3:00 PM Virtual Meeting 75 S. Frontage Road - Vail, Colorado, 81657 PRESENT ABSENT Steve Lindstrom None Mary McDougall Greg Moffet James Wilkins STAFF George Ruther, Housing Director Martha Anderson, Housing Coordinator 1. Call to Order 1.1. Zoom Meeting 1 1.2. Call to Order A quorum is present. Lindstrom called the meeting to order at 3:03 PM. 2. Citizen Participation 2.1. Citizen Participation There are no comments. 3. Approval of Minutes 3.1. VLHA December 14, 2021 Minutes MOTION: MOFFET SECOND: WILKINS VOTE: 4-0 AP 3.2. VLHA January 11, 2022 Minutes MOTION: MOFFET SECOND: MCDOUGALL VOTE: 3-0 AP (WILKINS ABSTAINED) 4. Main Agenda 4.1. Housing Policy Legislative Initiatives. Presenter: Scott Robson, Town Manager This presentation was cancelled and moved to the next VLHA meeting on February 22, 2022. 4.2. Request for a recommendation of a proposed amendment to the Gillett residence deed restriction. Presenter: Dominic Mauriello, MPG Principal The Gillett residence at Sunlight North Condominium Unit 8 has a special deed restriction that is attached to Lot 12 in Spraddle Creek Estates so it cannot be sold separately. Owners would prefer to be able to sell the unit and allow it to be occupied and owned by a local employee. The request is to swap up the special deed restriction recorded in the year 2000 for the Town’s most current deed restriction either Type III or Type IV, therefore, allowing the unit to be sold or rented by a local employee. Consensus is made that this request furthers the objectives of our housing policies today. A request for a formal recommendation from the VLHA to the Vail Town Council to proceed with the amendment of the current deed restriction was proposed and approved by all members. MOTION: MOFFET SECOND: MCDOUGALL VOTE: 4-0 AP 4.3. Request for recommendation of a proposed amendment to the Four Seasons SDD. Presenter: Kristin Williams, Applicant’s Representative Conversation ensued around the opportunity to increase the utilization of the 54 employee housing door room beds at the Four Seasons hotel. The 54 beds are currently being under utilized because their location and configuration. Kristin shared a proposal in response to initial ideas from the VLHA on the relocation of these units off-site and how that may work. The purpose of this amendment is to address the challenges with employee housing. There are currently 26 door rooms on-site which consists of 56 beds, 2 door rooms sharing one bathroom. Some of the challenges are lack of kitchen facilities, shared bathrooms and layouts are not conductive to families, lack of independent facilities, units not addressing long term housing needs to help retain employees. All these challenges have caused low occupancy with the peak being only 32 tenants in 2018 and 37 in 2019. Utilization in average is between 45% to 55%. The proposed amendment to SDD allow for replacement of 32 on-site deed restricted door room beds with deed restricted off site housing within Vail, Eagle-Vail, Avon, and Edwards at a 1:1 bedroom ratio, reconfiguration of the underutilized door rooms into hotel rooms and reclassification of certain accommodations units into dwelling units. Concerns regarding the 1:1 exchange ratio, the mitigation region, parking issues, and enforcement of deed restriction units outside of Vail were raised by Authority members. Consensus was made that the proposed amendment needed to include a value consideration to deed restrictions outside of the Town of Vailand that a deed restriction in the Town of Vail does is more valuable than a deed restriction outside of Vail. Kristin was tasked with aligning the amendment with the commercial linkage regulations to include number of employees housed based upon unit size, including potential employee deed restriction purchase opportunities, and adding a differential for deed restrictions off-site vs on-site. 5. Matters from the Chairman and Authority Members 5.1. Matters from the Chairman and Authority Members Presenter: Steve Lindstrom, Chairman An update was givenregarding housing discussion during the Town Council Retreat and how housing was common theme in reviewing the 2018-2020 Action Plan priorities. There was also conversation about housing sustainability, housing opportunities and threats within the Town of Vail. An update was given on the CDOT parcel in East Vail, final appraisal and environmental assessment should be finalized by the end of the month. The VLHA would like to meet individually with Council members on housing financial opportunities. Discussion ensued around the possibility for the VLHA to provide recommendations around a local’s homebuyer assistance program, this program will be for people that are interested in homeownership in the Town of Vail, that are financially qualified and capable to own but that are unable to compete within the current cash buyer market. The Town of Vail will then step in and be a cash buyer for this buyer. This can be a great opportunity for the Town of Vail to deed restrict more properties. There was also about conversation on the mechanics of this program and the type of revolving fund needed to operate this program. Further discussion on this topic coming on a future VLHA meeting. Eagle County just sold the Lake Creek Village apartments and there may be opportunity for the Town of Vail to bring some ideas on how to direct some of the funding received from this sale. 6. Adjournment 6.1. Adjournment 4:38 PM MOTION: MOFFET SECOND: MCDOUGALL VOTE: 4-0 AP 7. Future Agenda Items 7.1. Land Banking (sale of GRFA) Investment Banker Discussion 8. Next Meeting Date 8.1. Next Meeting Date February 22, 2022 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