HomeMy WebLinkAbout2023-03-28 VLHA Minutes
Vail Local Housing Authority Minutes
Tuesday, March 28, 2023
3:00 PM
Virtual Meeting Via Zoom
PRESENT ABSENT
Steve Lindstrom Craig Denton
Dan Godec
James Wilkins
Kristin Williams
STAFF
Missy Johnson, Housing Coordinator
1. Call to Order
1.1 Zoom Meeting 1 (Pre-Executive Session)
1.2 Call to Order - Called to order at 3:03 p.m.
1.3 Zoom Meeting 2 (Post-Executive Session)
2. Citizen Participation
2.1 Citizen Participation - No comments.
3. Approval of Minutes
3.1 VLHA March 14, 2023 Minutes
Presenter(s): Missy Johnson, Housing Coordinator
MOTION: Williams SECOND: Godec PASSED: (4 - 0)
4. Main Agenda (15 Minutes)
4.1 2022 Year-end Financial Housing Update
Presenter(s): Carlie Smith, Finance Director
Smith presented a look at the year-end Housing Fund. A reminder that the Housing Fund
became a real financial statement fund this year with the collection of the .5% Housing Sales
Tax. Prior to 2022, it was wrapped up into the Capital Projects Fund. It collected nearly $5M for
2022.
Smith explained the Residences at Main Vail Opportunity Fee as a fee that is part of the
agreement with Triumph (Development) to build the Residences at Main Vail. This portion will
be paid out at the end of the project. While it is appropriate that this comes out of the Housing
Fund, Smith will provide more background regarding how this decision came to be.
Additional community driven projects come out of the Housing Fund through the purchase of
TOV Employee Housing and the sale of a residence.
Smith continued to review the Vail Local Housing Authority Income Statement and Balance
Sheet.
The 2023 Budget and quarterly update will be presented at a future meeting.
4.2 Resolution No. 8, Series of 2023 Resolution Approving the Purchase of a Deed
Restriction Interest in Property (Type III Deed Restriction) in the Town of Vail Legally
Described as Vail Das Schone Condo Unit A-17, Eagle County, Colorado with a
Physical Address of 2111 North Frontage Road West, Unit A17, Vail Colorado; and
Setting Forth Details in Regard Thereto.
Presenter(s): Missy Johnson, Housing Coordinator
Motion to approve as presented.
MOTION: Williams SECOND: Godec PASSED: (4 - 0)
4.3 Resolution No. 9, Series of 2023 Resolution Approving the Purchase of a Deed Restriction
Interest in Property (Type III Deed Restriction) in the Town of Vail Legally Described as Vail
Das Schone Condo Unit A-1, Eagle County, Colorado with a Physical Address of 2111 North
Frontage Road West, Unit A1, Vail Colorado; and Setting Forth Details in Regard Thereto.
Presenter(s): Missy Johnson, Housing Coordinator
Motion to approve as presented.
MOTION: Williams SECOND: Godec PASSED: (4 - 0)
5. Matters from the Chairman and Authority Members
5.1 Matters from the Chairman and Authority Member
Presenter(s): Steve Lindstrom, VLHA Chairman
Authority discussed recent news articles including the success of Habitat for Humanity and
movement in Eagle as well as the article in the Colorado Sun regarding the modular home
factory to be built in Grand Junction.
6. Executive Session
Kristen Kenny Williams made a motion to Motion to end the regular session to move into
Executive Session to Executive Session per C.R.S. §24-6-402(4)(a)(e) at 3:07 p.m.
MOTION: Williams SECOND: Wilkins PASSED: (4 - 0)
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(s): Missy Johnson, Housing Coordinator
7. Any Action as a Result of Executive Session
7.1 Any Action as a Result of Executive Session
Presenter(s): Steve Lindstrom, VLHA Chairman
The authority re-entered regular session at 3:34 p.m. and Godecmade a motion to
authorize staff to move forward under the guidance of the authority as discussed during
executive session.
MOTION: GodecSECOND: WilliamsPASSED:(4-0)
8.Adjournment
8.1Adjournment 5:00 PM (Estimate)
Motion to adjourn at 3:46 p.m.
MOTION: GodecSECOND: Wilkins PASSED:(4 -0)
9.Future Agenda Items
9.1
Vail Housing 2027
Land Banking
Investment Banker Discussion
Review Retirement and Remote Worker Policies within Deed
Restrictions Vail InDEED and GIS Mapping
10.Next Meeting Date
10.1Next Meeting Date April 11, 2023