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HomeMy WebLinkAbout2023-10-17 Agenda and Supporting Documentation Town Council Afternoon Meeting Agenda202 PROPOSED BUDGET Draft TOWN OF VAIL PROPOSED 202 UDGET TABLE OF CONTENTS COVER MEMO 1 REVENUE Major Revenue Analysis EXPENDITURES General Fund Personnel Ten-Year Summary of Budgeted Positions by Department Employee Benefits Summary Contributions Contributions Summary Contributions Notes 2 CAPITAL PLAN Capital Projects Fund Real Estate Transfer Tax Fund Housing Fund Unfunded Project Narratives/Memos . OTHER FUNDS Marketing Fund Heavy Equipment Fund Health Insurance Fund Dispatch Services Fund Timber Ridge Housing Fund Fund TO: Vail Town Council FROM: Finance Department DATE: October 17, 2023 SUBJECT: Proposed 2024 Town Manager’s Budget I. SUMMARY A first look at the 2024 Town Manager’s budget proposal. II. DISCUSSION The purpose of this discussion is to provide feedback to staff prior to the first reading of the budget ordinance scheduled for November 7th. Information provided in this draft includes the proposed revenue and expenditures for all town funds, a summary of changes in personnel, funding recommendations for Council contributions, and a five-year capital plan. Prior to today’s draft, staff held several meetings to gather feedback from Council on preliminary budget assumptions. Budget discussions with Town Council began in July with a preview meeting that included preliminary revenue and expenditure discussions. More recently staff presented compensation and benefits, and a 5-year Capital Improvements Plan update. Additional information requested resulting from these earlier discussions with Town Council are included below: General Fund Council requested additional information regarding the potential impacts of SB23-303 (Proposition HH) on the Town’s property tax collections. In 2020, Vail voters approved ballot initiative 2G which allows the town to adjust the mill levy rate to maintain “revenues that may otherwise be lost as a result of state-imposed reductions in the ratio of assessed property tax valuations.” Staff has requested confirmation from the town attorney on whether such approval would allow the town to offset impacts from SB23- 303 if approved as well as valuation adjustments from and SB22-238. No conclusive legal answer has yet been received regarding this matter. Projected property tax revenues within the General Fund have been conservatively forecast at $8.4M assuming no offset will be allowed. It is estimated the cumulative impact of these two measures is a $471K reduction in property tax annually. Town of Vail Page 2 Capital Projects Fund Included in the five year budget, in years 2024-2027, is a combined $7.0M to replace snowmelt boilers reaching the end of their useful life. While the current snowmelt boilers use gas, staff is exploring the potential of geothermal snowmelt boilers as a possible replacement. Council requested additional information about the breakdown of the cost-share for the Terradyne public safety vehicle. The plan of the cost share is based on the budgets of each agency, with the Town of Vail at 33% of the total cost, Eagle County at 34%, Town of Avon at 23, and Town of Eagle at 10%. Real Estate Transfer Tax Fund Council requested an alternative reduction to allow for the continuation of the $18K in funding for “e-Bikes for Essentials” program. An alternative option would be a reduction of funding for the Open Lands Plan implementation from $50,000 to $32,000. Staff notes that the “e-Bikes for Essentials” program utilizes a large amount of staff time: About 300 to 350 hours per year and is challenging to operate with current resources, however staff will re-prioritize resources should Council want to continue this program. Housing Fund At the direction of council, the $2.5M annual transfer of funds from the Capital Projects Fund is proposed to be allocated to the Vail InDEED deed restriction purchase program. The following is a high-level summary of other outcomes from feedback received during these budget meetings that were included in the creation of the 2024 budget proposal: Conservatively budget 2024 revenues Budget philosophy of maintaining the “status quo”, Support for a premium and flexible compensation philosophy Council discussed a number of capital projects within the Five-Year Capital Improvement Plan, including some newly-identified projects currently unfunded. After several budget meetings with each department, a draft of the proposed 2024 budget is presented to Council with conservative revenue projections, a balanced operating budget, and funding for priorities within the Council’s focus areas. Please note that the use of General Fund reserves is required to fund one-time planning projects, contributions, and annual special events. Town of Vail Page 3 BUDGET OVERVIEW The Town of Vail 2024 budget proposal presented in this document reflects the town’s vision to be the premier international mountain resort community in a fiscally responsible manner. Each year the Town Manager and staff prepare an annual budget that serves as a funding plan as determined by Town Council. Priorities that guided the 2023 budget tie directly to common themes found in both the Council Action Plan and Community Survey results. The major themes include ensuring citizens are afforded the opportunity to live and thrive in our community, providing a world class guest experience, balancing our economic, environmental, and social needs to deliver a sustainable community as well as growing a vibrant and diverse economy. Over 2021 through 2022, the town experienced significant growth in collections across the town’s major revenues due to pent-up travel demands combined with rising inflation. Current revenue projections reflect a normalization of visitation in town, and slight decreases experienced since the winter season. Looking forward to 2024, staff is proposing a conservative approach to revenue projections. Throughout the year staff will continue to monitor revenues and economic activity and will implement the town’s recession plan if needed. As part of the budget process, department heads met to build the budget with available funds based on the conservative revenue outlook and following the budget philosophy to operate within annual revenue streams. Each department head presented justifications for any new requests, including headcount, operating increases, and capital projects. Investment in the town’s personnel remains a top priority, staff proposes an increase to head count this year by 3.5 FTEs. These positions will help support growing service level demands in multiple departments and support council and community goals. Retention and recruitment have continued to be a challenge and have been a focus of department discussions. The 2024 budget seeks to align our brand of a world class resort with personnel and employment philosophies that Town of Vail Page 4 reflect that brand. Woven throughout this budget are initiatives and programs proposed to support these philosophies. Aside from personnel, many of the new and increased budget requests are a result of cost increases due to inflation, labor cost increases in the market, and added facilities. New requests also aim to align resources and equipment to accommodate added service levels and improvements to address several topics of importance to both Town Council and the community at large. Listed below are larger expenditures(both capital and operating) included in the 2024 budget that support Council Goals: Community: $38.6M Cash funding for Timber Ridge Redevelopment (repaid by end of 2026) $2.5M InDEED Funding $250K of support for Vail childcare centers funded with a portion of the proceeds from the tobacco tax collections $37K allocation for Cultural Heritage efforts $44K for community events including the Vail Social, community picnics and annual community meeting $225K for a regional bike share program $50K for the Artist Residency program ($100K annually after 1st year) Experience: $82K to fund town-wide guest service programs such as PrimaVail, scholarships, guest service curriculum, and employee engagement programs $1.5M for the Vail Village loading and delivery program offset by $600K in fees paid by delivery companies $1.5M for the design phase of the Vail Mobility Hub expansion Economy: Special event sponsorships ($3.2M) Global Exchange program and peer resort visits ($105K) Visitor Economic Data Research ($95K) Civic Area conceptual design ($350K) Sustainability: $600K for new electric bus chargers The Fire Free Five Rebate program ($100K) $150K for an Energy Efficiency Performance Contract Sustainable Destination certification program ($45K) $100K placeholder for wildlife habitat improvement projects $52K for the installation of new EV charging stations Town of Vail Page 5 The town’s 2024 budget is funded by a projected $100.9 million of net revenue budget across all of the town’s funds. Excluding the Vail Reinvestment Authority transfers, one-time $1.4M transfer from the Vail Local Marketing District, this is an 4.2% decrease from the 2023 Amended Budget and a 3.5% decrease from 2022 actuals. Over 2021 and 2022 the town experienced an increase in visitation. That combined with high average daily rates within the lodging industry, real estate sales, and inflation resulted in record-setting revenue collections. Current revenue projections reflect a normalization of visitation in town, and slight decreases experienced since the winter season. Revenues for 2024, are projected conservatively and reflect a continued normalization of visitation, slightly decreasing ADRs, and an ongoing slowdown in real estate sales. Based on this, the majority of the town’s main revenue sources reflect modest increases compared to the 2023 amended budget. These however are offset by large one-time grant revenues received in prior years, as well as a decline in real estate transfer tax collections. Sales tax is the town’s main source of funding making up 41% of all revenues. 2024 Sales tax is conservatively proposed at $40.9 million, up 1.9% from 2023 Amended Budget and down 1.2% compared to 2022. This is down 0.6% from the 2023 forecast. General Sales Tax 41% Housing Sales Tax 5%Property and Ownership Tax 8% Use Tax 2% Ski Lift Tax and Franchise Fees 9% Real Estate Transfer Tax 6% Licenses and Permits 3% Intergovernmental Revenue 5% Transportation Centers 9%Charges for Services 2% Rent, Fines & Miscellaneous 7% Transfer from VRA 2% Earnings on Investments 1% 2024 Budgeted Net Revenue: $100.9M REVENUE (All Funds) $100.9M Town of Vail Page 6 Other major 2024 revenue sources and projections include the following: Revenue Fund 2021 Actual 2022 Actual 2023 Amended Budget 2024 Proposed Projections General Sales Tax GF/ CPF $34.7M $ 41.3M $40.1M $40.9M Up 1.9% from 2023 Amended; Down 1.2% from 2022; Down 0.6% from 2023 Forecast Housing Sales Tax HF - - $4.9M $4.95M Up 1.0% from 2023 Amended RETT RETT $12.5M $ 9.6M $ 7.0M $6.2M Down 11.4% from 2023 Amended Property Tax GF $6.0M $ 6.0M $ 6.1M $8.4M Based on County Valuation Parking GF $7.1M $ 8.2M $8.7M $8.9M Up 2.3% from 2023 Amended; Up 8.5% from 2022 Lift Tax GF $6.0M $ 6.5M $6.2M $6.7M Up 8.0% from 2023 Amended; Up 3.1% from 2022 Construction Use Tax CPF $3.7M $ 2.2M $ 2.0M $2.0M Flat with 2023 Amended; Down 8.6% from 2022; no large projects were assumed Across all funds, 2024 expenditures are proposed at $135.5 million. Expenditures can be grouped into three main categories: municipal services, capital expenditures and debt service. For 2024, $70.1 million or 51.7% represents municipal services while 46.5% or $63.0 million represents capital expenditures. Debt service expenditures total $2.4 million or 1.8% of expenditures. Municipal Services 51.7% Capital Improvements 46.5% Debt Service 1.8% Where the Money Goes EXPENDITURES (All Funds) $135.5M Town of Vail Page 7 Municipal Services Within the $70.1 million municipal services budget, expenditures can be viewed by either category (personnel, marketing and special events, and other operating) or by the department. Salaries 49% Benefits 16%Contributions, Marketing, Special Events 5% All Other Operating Expenses 30% Where the Money Goes Municipal Services by Category Police 12% Public Safety Communications 5% Fire 11% Town Officials 4% Administrative Services & Risk Management 11% Community Development 3% Environmental 3% Housing 3% Library 2% Contributions & Special Events 6% Welcome Center & Economic Development 2% Public Works & Streets 10% Parks & AIPP 4% Transportation & Parking 14% Facilities & Fleet Maintenance 8% Employee Housing EHOP Program 3% Where the Money Goes by Service Area As a service organization, the majority of Municipal spending is for personnel. Salaries and benefits total $45.4M, or 64.7% of the operating expenditures. Public Safety makes up 27% of municipal spending, followed by Public Works functions at 22%, Transit and Parking at 14%, Administration/Risk Management at 11%, and Contributions and Events at 6% Please note that the Housing 3% is only department operations and does not include capital investments by the town in the InDEED program or other housing asset investments. Capital Investments are included in the town’s Capital Improvement expenditures. Town of Vail Page 8 PERSONNEL (All Funds) $45.4M As a service industry, the majority of municipal services expenditures relate to staffing. For 2023, this represents $45.4 million or 65% of the municipal services budget. Compensation Investment in the town’s workforce is a top priority of this budget proposal. As employee turnover rates have increased the need to focus on employee recruitment and retention as well as succession planning has become essential across the entire organization. The town’s employees are a critical part of the town’s infrastructure and provide world-class services to the community and guests. On September 5th, Town Council was given a preview of the 2024 Compensation and Benefits budget. During this meeting, Council has continued to support the town’s compensation philosophy to reflect a more premium and flexible pay structure for the premium services the Town of Vail employees provide. The town has budgeted an overall 5.9% increase for current staff, which allows for a combination of 1-5% merit increases and other rate adjustments to provide competitive pay. Including new proposed new FTEs, an overall increase of 7.2% is proposed for the 2024 compensation budget. The 2024 budget also includes the continuation of the vacation reinvestment program ($250K) and wellness benefit ($78K). In addition to compensation, staff has included $50K for leadership trainings, $10K for new Culture Club initiatives, and $40K for customer service surveys and awards. Headcount The town’s operations are proposed to be supported by 350.5 full-time equivalent (FTE) positions in 2024. For 2024, there are 3.5 new FTE requests listed in the chart below. Staff is proposing to move forward with the positions listed below. Department Fund FTE Justification Deputy Chief of Community Risk Reduction GF 1.0 Better align current Fire Marshal position with best practice approach for community risk reduction. Evidence Tech GF 1.0 Increased volume of digital evidence; compliance of evidence documentation, dissemination and purging policies Parking Specialist GF 0.5 Convert Winter Seasonal to Full-Time Economic Development – Digital Content Coordinator GF 1.0 Better management of VLMD content marketing. Cost of this FTE is proposed to be entirely offset by a contribution from the VLMD Total 3.5 Town of Vail Page 9 Additionally, $112,000 has been included in the General Fund salaries budget as a placeholder for additional internal employee housing support. As the Town continues to acquire employee housing units, this support for the internal housing program has been identified by directors as a primary objective moving forward. Town leadership is still evaluating the best approach to filling the operational needs of the housing program and proposes to return later in 2024 with a recommendation to either hire an internal housing coordinator or utilize contract services. DEPARTMENT SPENDING (All Funds) $20.8M Departmental spending (also labeled as “All Other Operating Expenses” in the chart above) is proposed at $20.8M for 2024. The majority of operating expenses are funded by the General Fund ($12.8M). The remaining is funded by the Real Estate Transfer Tax Fund (Environmental Sustainability, Forest Health, Parks, and Public Art), Dispatch Services Fund, and the Heavy Equipment Fund (Fleet). For 2024, departments were tasked with requesting necessary increases caused by inflation, while reducing where possible. The majority of the cost increases are due increased costs of labor, utilities, insurance, and banking fees associated with increased revenues. CONTRIBUTIONS AND EVENTS (All Funds) $3.8M The 2024 budget proposes a total of $3.8M million for contributions and special events. This includes Special Event funding of $3.2M and $357K for Council Contributions within the “Service” category (Not-for-profit partners), and $250K the town’s Childcare program. Events A special event sponsorship placeholder of $3.2M is included in the Marketing Fund. This is a 0.9% increase from the 2023 Amended Budget. The $3.2M placeholder assumes event funding flat with the prior year with additional funds allocated to Town-produced events for early ski season activations and Vail America Days ($33K). Special events are funded by $345K of business license revenue along with $2.6M funded by a transfer from the General Fund. At this level of funding, the General Fund will need to utilize reserves in 2024 as well as over the next four years. While special events generate revenues for the town and provide a high-quality guest experience, using General Fund reserves each year is not a sustainable business model. Staff recommends a future ballot question to voters for an increase in special events funding that would alleviate the General Fund annual operations and core services. During 2022, staff worked with a consultant to propose a new special event funding model. The new structure was created to better evaluate special events funding and the value proposition for the town. As part of the changes, all events apply for funding through a single process (previously two, CSE and Council Contributions) to ensure that all events are delivering on the goals of the town. Event sponsorship funding is first vetted through the Committee of Special Events, and then through the Event Funding committee made up of 2 CSE members and internal staff members from Finance and Economic Development. Funding recommendations will be presented to Council in November/December. Council Contributions Council Contributions includes funding for programming of various non-profit organizations within the “Services” category, with $348.6K proposed in the 2024 budget as well as “In-Kind” contributions of days at Dobson Ice Arena, waived rental fees at Donovan Pavilion and parking coupons. This category includes organizations such as Betty Ford Alpine Gardens, Ski and Town of Vail Page 10 Snowboard Museum, High Five Media, Friends of Vail Mountain Rescue, and both childcare centers. Also included as a “Service” request is $1.0M for the Vail Valley Foundation for funding towards the already-completed Gerald R Ford Amphitheater roof and solar project. Due to the size of these request, staff defers the funding decision Council. Should Council decide to fund this contribution, funding would come from General Fund reserves. See page for contribution requests and staff recommendations. This budget also includes $250K for early childcare education support using a portion of tobacco tax revenues. This program was implemented in 2022. Town staff researched and worked with the two early childhood education centers in Vail to review the current needs of the facilities and propose program and grant options to Council which resulted in a program focusing on four areas: Workforce Retention ($50K), Vail Community Tuition Assistance/Family Support ($75K), Expansion and Sustainability of ECE programs ($80K), and Capital Needs ($25K). Total funding for the 2024 capital improvements programs is $63.0 million across the Capital Projects Fund, Real Estate Transfer Tax Fund, Housing Fund, Heavy Equipment Fund, Timber Ridge Fund, and Dispatch Services Fund. During the October 3rd work session, staff provided Council with a preliminary five-year capital plan for the Capital Projects Fund, Housing Fund, and Real Estate Transfer Tax Fund. Several significant projects were presented during this meeting. Council was asked to prioritize capital projects and provide feedback on the current plan. Changes to the 2023 capital plan are highlighted in orange within the fund statements. Additional information as requested by Council is included on pages 1 and 2 of this memo. Staff has attached project narratives for the larger more significant projects being proposed. At the beginning of 2021, Town Council authorized the financing of the Public Works Shops project with a lease-purchase agreement. This project was financed with a $15.2M loan over a 15-year term at an interest rate of 1.76% annually. The 2024 budget includes $1.2M of debt service payments for this project. In October of 2021, the Town issued $22.3M of 30-year Certificates of Participation for the Residences at Main Vail housing project with an interest rate of 2.76%. The 2024 budget includes $1.2M of debt service payments for this project. Due to better-than-expected revenues and grant funding combined with conservative spending and the deferral of capital projects the town was able to build up additional reserves during 2021 and 2022. At the end of 2022 the town had $144.3M in reserves. During 2023, the town is projected to spend reserves down by $55.6M mainly due to deed restricted housing projects, Booth Heights acquisition costs, large road and bridge projects and bus replacements. CAPITAL EXPENDITURES $63.0M RESERVES $59.0M DEBT SERVICE EXPENDITURES $2.4M Town of Vail Page 11 Into 2024, the town is projected to use additional reserves towards the Timber Ridge redevelopment ($38.0M), cash flow the Dobson Ice Arena redevelopment and to support ongoing operational and maintenance costs in the Real Estate Transfer Tax (RETT) Fund. Due to conservative revenue projections of “average” RETT collections not covering annual operating and capital maintenance expenditures, the RETT fund is projected to use reserves every year through 2028. By the end of 2024 reserves are projected to be $23.8 million in the General Fund, or 39% of annual revenues. This is above the 35% minimum required by Town Council as a budgetary policy. Town-wide reserves are projected to be $59.0 million at the end of 2024. Marketing Fund Marketing Fund revenues are generated through the collection of annual business license fees. Budgeted revenue for 2024 of $345,000 is projected flat with the 2023 Amended Budget. The Marketing Fund is also funded by a $2.6M transfer from the General Fund in order to maintain the level of spending on Special Events. Heavy Equipment Fund This is an internal services fund that manages the maintenance and repair of town vehicles and equipment and the purchase of replacement vehicles other than buses and fire trucks. Costs are charged back to the departments based on their use of the vehicles and equipment. The Heavy Equipment Fund (HEF) includes approximately $1,502,000 to purchase replacement vehicles and equipment in 2024. The vehicles are scheduled to be replaced at determined intervals based on age and use. Funding for the HEF consists of internal charges to departments as well as costs recovered through the sale or trade-in of old equipment. Projected fund balance is $490K for the end of 2024. Health Insurance Fund This is an internal services fund that manages the town’s health insurance plans. Costs are charged back to the town departments and employees through payroll deductions. The town experienced low claims activity in 2022 and into 2023. In 2023, the town will move to a new third- party administrator for health insurance at a similar cost as the prior provider but with improved services. The 2024 proposed budget is 6.9% higher than the 2023 budget due to changes in how stop-loss coverages will be billed to the town. This increase is offset by higher revenues anticipated for stop-loss claims. Fund balance has increased $886K since 2020 due to better than expected claims experience. The 2024 proposed budget conservatively anticipates use of reserves in order to stabilize annual cost increases to both departments and employees. Projected fund balance is $3.8 million for the end of 2024. Dispatch Services Fund This is an enterprise fund that manages county-wide 911 emergency services. The 2024 budget proposes to continue the temporary suspension of the 5% annual charge to participating agencies that is allocated to a capital reserve account first suspended in 2021. This annual contribution is approximately $90K each year and results in an overall 8% decrease to the agencies. The Dispatch Services Fund is projected to use approximately $61K in reserves for regular operations. The projected fund balance at the end of the year is $2.0M. Residences at Main Vail Fund The Residences at Main Vail was completed in summer 2023, with residents moving in during the month of September. The 2024 budget reflects the first full year of revenues and operational OTHER FUNDS Town of Vail Page 12 expenses. Total revenue for the fund is projected at $1.8M, with operating expenditures of $508K, $51.6K for capital reserves and $1.2M of debt service payments. The ending fund balance for 2024 is projected at $64.5K. Timber Ridge Enterprise Fund The 10-acre property at Timber Ridge is owned by the town, with the eastern half of the property under a ground lease to Lion’s Ridge Apartment Homes with no lease payment for ten years (2025). Lion’s Ridge has the option to purchase the land for $5.0 million with notification to the town by December 31, 2024 and closing within 90 days. The eastern portion of the property is planned for a complete redevelopment, increasing the number of homes from 96 to 274. Triumph Development, the town’s partner in the redevelopment is currently working through the entitlement process. The total estimated cost of the project is $164.0M, with the developer financing a majority of construction and the town cash-funding $38.9M in site work and podium costs. This amount will be repaid at the time of unit sales during 2025 and 2026. The town will also be compensated for $11.3M of land and historical costs (land at cost and repayment of current debt on Timber Ridge). Separately, the town is considering the purchase of a building in 2025 for rental homes at the new Timber Ridge at an estimated purchase price of $23.0M. The town would propose financing up to $17.1M of this amount, and subsidizing the remaining $5.9M so that the project can cover debt service payments with annual affordable rents. This purchase will be reviewed again by Town Council in the near future, and would be considered as part of the 2025 annual budget process. III. ACTION REQUESTED OF COUNCIL Staff requests feedback from Council in preparation for the first reading of the 2024 Budget scheduled for November 7, 2023. Ma j o r R e v e n u e A n a l y s i s 20 2 P r o p o s e d B u d g e t 20 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 3 2 0 2 4 Ac t u a l A c t u a l A c t u a l A c t u a l A c t u a l B u d g e t A m e n d e d P r o p o s e d C o m m e n t s Ge n e r a l S a l e s T a x 27 , 8 8 6 , 1 1 3 2 9 , 2 5 0 , 6 9 8 2 5 , 1 2 2 , 1 9 1 3 4 , 5 3 4 , 6 8 3 4 0 , 7 7 6 , 8 8 2 3 4 , 0 0 0 , 0 0 0 4 0 , 0 8 5 , 0 0 0 4 0 , 8 5 0 , 0 0 0 2 0 2 4 : D o w n 2 % f r o m t h e 2 0 2 3 F o r e c a s t p l u s e s t i m a t e s f o r n e w M a r r i o t t ; O v e r a l l d o w n 1 % f r o m 2 0 2 3 F o r e c a s t F l a t w i t h 2 0 2 2 A c t u a l s 9% 5 % - 1 4 % 3 7 % 1 8 % - 1 7 % 1 8 % 2 % Ho u s i n g S a l e s T a x - - - - 4 , 9 5 4 , 4 3 8 4 , 1 2 5 , 0 0 0 4 , 8 5 5 , 3 4 9 4 , 9 5 0 , 0 0 0 10 0 % - 1 4 % 1 8 % 2 % RE T T T a x 7, 6 4 9 , 0 1 3 7 , 2 2 4 , 6 6 8 1 0 , 4 4 8 , 5 2 6 1 3 , 3 7 1 , 5 5 5 9 , 6 0 3 , 4 5 6 7 , 0 0 0 , 0 0 0 7 , 0 0 0 , 0 0 0 6 , 2 0 0 , 0 0 0 2 0 2 4 1 . 6 % i n c r e a s e f r o m 2 0 2 3 p r o j e c t e d 21 % -6 % 45 % 2 8 % - 2 8 % - 4 8 % 0 % - 1 1 % Pa r k i n g R e v e n u e 6, 4 1 6 , 0 1 3 6 , 7 2 0 , 8 7 3 4 , 8 9 1 , 9 9 7 7 , 0 6 0 , 3 1 9 8 , 1 5 3 , 5 3 4 7 , 7 6 9 , 7 2 4 8 , 6 8 6 , 5 0 0 8 , 9 3 0 , 1 9 6 2 0 2 4 : D o w n 2 % f r o m 2 0 2 3 F o r e c a s t ; 2 0 2 3 F o r e c a s t Y T D w i t h r e m a i n d e r o f y e a r d o w n 4 % f r o m 2 0 2 2 A c t u a l s l e s s l o c a l p a s s i n i t i a l f e e 31 % 5% -2 7 % 4 4 % 1 5 % 0 % 1 2 % 3 % Pr o p e r t y & O w n e r s h i p T a x 5, 3 1 3 , 7 3 0 5 , 3 6 9 , 3 7 6 5 , 9 4 1 , 7 0 4 6 , 0 1 6 , 1 0 5 6 , 0 4 1 , 4 1 3 6 , 0 7 0 , 4 1 0 6 , 0 7 0 , 4 1 0 8 , 4 4 5 , 0 0 0 2 0 2 4 a s s e s s m e n t s i n c r e a s e d a v e r a g e o f 6 0 % 8% 1% 11 % 1 % 0 % 0 % 0 % 3 9 % Li f t T a x R e v e n u e 5, 1 0 3 , 4 8 0 5 , 3 4 1 , 3 6 9 4 , 0 9 5 , 8 1 2 5 , 5 1 8 , 9 8 0 6 , 4 7 3 , 6 1 8 5 , 8 9 5 , 5 0 6 6 , 2 3 4 , 5 5 0 6 , 6 7 5 , 0 0 0 2 0 2 4 u p 4 % f r o m p r i o r y e a r ; E p i c P a s s s a l e s p r i c e 8 % h i g h e r t h a n p r i o r s e a s o n ; 2 0 2 3 Y T D t r a c k i n g d o w n 1 % f r o m p r i o r y e a r 8% 5 % -2 3 % 3 5 % 1 7 % - 9 % 6 % 7 % Co n s t r u c t i o n F e e s 2, 9 5 8 , 9 4 8 1 , 9 9 8 , 5 4 0 1 , 8 5 5 , 6 5 4 2 , 7 1 6 , 8 1 9 1 , 7 3 4 , 2 3 0 1 , 9 1 8 , 1 0 9 1 , 9 1 8 , 1 0 9 1 , 7 3 4 , 2 3 0 2 0 2 3 : B a s e d o n t h r e e y e a r a v e r a g e e x c l u d i n g l a r g e p r o j e c t s 82 % -3 2 % -7 % 4 6 % - 3 6 % 1 1 % 0 % - 1 0 % Co n s t r u c t i o n U s e T a x 3, 6 8 9 , 1 3 1 2 , 4 6 7 , 9 2 8 2 , 0 7 8 , 2 7 7 3 , 6 8 7 , 9 4 5 2 , 1 8 9 , 2 3 0 2 , 0 0 0 , 0 0 0 2 , 0 0 0 , 0 0 0 2 , 0 4 0 , 5 0 0 2 0 2 3 : B a s e d o n t h r e e y e a r a v e r a g e e x c l u d i n g l a r g e p r o j e c t s 11 2 % -3 3 % -1 6 % 7 7 % - 4 1 % - 9 % 0 % 2 % 20 1 8 i n c l u d e d $ 1 . 9 M f r o m V a i l H e a l t h p r o j e c t Ot h e r T a x e s 1, 9 8 2 , 1 2 4 2 , 0 8 9 , 5 7 9 2 , 4 3 2 , 1 8 7 2 , 5 0 0 , 0 0 0 3 , 1 3 8 , 7 7 7 2 , 7 2 0 , 3 4 0 2 , 7 2 0 , 3 4 0 3 , 0 2 4 , 4 3 1 C o u n t y s a l e s t a x ( b a s e d o n T O V s a l e s t a x ) , R o a d & B r i d g e , H w y u s e r s r e v e n u e , T o b a c c o t a x , H o l y C r o s s f r a n c h i s e f e e t o C P F 10 % 5% 16 % 3 % 2 6 % - 1 3 % 0 % 1 1 % Fe d e r a l / C o u n t y G r a n t s / S t a t e G r a n t s 1, 5 4 6 , 5 2 8 1 , 0 3 5 , 7 1 1 1 5 2 , 6 3 0 4 , 7 7 9 , 1 3 1 3 9 6 , 8 2 2 1 , 2 7 9 , 0 0 0 2 , 1 5 5 , 5 6 7 1 , 6 0 3 , 6 5 2 2 0 2 4 : $ 3 1 0 K H o p e C e n t e r G r a n t , $ 3 0 K L o t t e r y F u n d s , O p e r a t i n g B u s G r a n t $ 2 3 6 K ; D U I e n f o r c e m e n t g r a n t $ 3 7 K ; $ 2 4 0 K w a t e r q u a l i t y g r a n t 81 0 % - 3 3 % - 8 5 % 3 0 3 1 % - 9 2 % 2 2 2 % 6 9 % - 2 6 % 20 2 3 : $ 2 8 0 K H o p e C e n t e r G r a n t ; $ 2 0 K L o t t e r y F u n d s ; $ 2 2 9 K O p e r a t i n g B u s G r a n t ; $ 3 0 0 K W a t e r Q u a l i t y G r a n t ; $ 2 5 0 K m o b i l i t y g r a n t 20 2 2 : $ 1 0 0 K V L M D r e i m b u r s e m e n t f o r D e s t i n a t i o n S t e w a r d s h i p P l a n ; $ 2 7 6 K H o p e G r a n t ; 20 2 1 i n c l u d e s $ 2 5 0 K f o r F e d e r a l T r a n s i t G r a n t a n d $ 2 5 0 K H o p e C e n t e r G r a n t ; $ 2 0 K L o t t e r y F u n d s ; $ 1 . 1 M F A S T E R e l e c t r i c b u s c h a r g e r s g r a n t ; $ 5 2 5 K CD O T b u s g r a n t ; $ 3 5 0 K T r a n s i t G r a n t f o r T r a n s p o r t a t i o n M g m t . S y s t e m 20 2 0 : $ 1 2 4 . 5 K W a t e r Q u a l i t y G r a n t s ; $ 2 8 K L o t t e r y F u n d s 20 1 9 : $ 8 9 5 F e d e r a l B r i d g e R d B r i d g e G r a n t 20 1 8 i n c l u d e s $ 7 0 0 K C D O T W a t e r Q u a l i t y " T A P " g r a n t ; $ 6 7 5 . 1 K F A S T E R b u s g r a n t Ea r n i n g s o n I n v e s t m e n t s 1, 1 2 3 , 1 8 4 2 , 2 0 9 , 1 9 5 7 7 8 , 9 8 1 2 8 1 , 4 9 1 3 9 7 , 5 5 7 2 7 3 , 4 4 2 6 7 5 , 4 1 5 9 4 6 , 3 7 7 B a s e d o n a v a i l a b l e f u n d b a l a n c e a n d i n v e s t m e n t r e t u r n s c o n s e r v a t i v e l y a s s u m e d a t 2 % 99 % 97 % -6 5 % - 6 4 % 4 1 % - 3 1 % 1 4 7 % 4 0 % Re n t a l I n c o m e 1, 0 6 4 , 5 6 9 1 , 1 3 9 , 7 0 0 7 8 7 , 9 0 6 1 , 1 1 6 , 3 0 5 1 , 4 1 8 , 8 9 0 1 , 4 1 5 , 0 0 2 1 , 4 1 5 , 0 0 2 1 , 7 5 7 , 2 3 8 In c l u d e s i n c r e a s e s f o r e m p l o y e e h o u s i n g r e n t a l s p u r c h a s e d d u r i n g 2 0 2 3 , C o m p l e t e d R M V U n i t s 4% 7% -3 1 % 4 2 % 2 7 % 0 % 0 % 2 4 % E9 1 1 a n d I n t e r a g e n c y D i s p a t c h 2, 0 5 5 , 8 4 4 2 , 1 5 9 , 0 8 4 2 , 1 7 4 , 8 9 2 2 , 0 9 8 , 7 4 2 2 , 2 5 5 , 0 7 0 2 , 5 1 0 , 1 7 6 2 , 5 1 0 , 1 7 6 2 , 7 6 6 , 1 5 5 Fu n d i n g b y E 9 1 1 A u t h o r i t y B o a r d a n d p a r t i c i p a t i n g a g e n c i e s ; 2 0 2 3 i n c r e a s e d u e t o n e w s u r c h a r g e s ; i n c r e a s e r e s e r v e s s h a r e d f r o m E - 9 1 1 B o a r d 2% 5% 1% - 4 % 7 % 1 1 % 0 % 1 0 % Va i l R e i n v e s t m e n t A u t h o r i t y T r a n s f e r s 4, 5 9 9 , 9 9 8 3 , 8 0 4 , 2 8 1 1 , 8 0 9 , 4 0 0 7 , 4 1 0 , 7 2 3 2 , 2 9 1 , 9 9 6 2 , 5 5 0 , 0 0 0 7 , 0 8 1 , 5 4 6 1 , 7 7 0 , 0 0 0 2 0 2 4 : L H p a r k i n g s t r c u t u r e m a i n t 10 % -1 7 % -5 2 % 3 1 0 % - 6 9 % 1 1 % 1 7 8 % - 7 5 % CO V I D G r a n t s Am e r i c a n R e s c u e G r a n t 1, 3 6 5 , 8 3 5 CR R S A A T r a n s i t G r a n t 1, 7 8 9 , 6 1 3 1 , 7 8 9 , 6 1 2 CA R E S T r a n s i t G r a n t 1, 5 0 7 , 2 4 2 2 2 9 , 2 7 4 CA R E S G r a n t - S t a t e s h a r e 97 6 , 8 6 8 9 1 , 1 6 7 Fi n a n c i n g PW S h o p s D e b t F i n a n c i n g P r o c e e d s 15 , 1 9 0 , 0 0 0 RM V F i n a n c i n g P r o c e e d s 25 , 2 8 0 , 2 3 0 Ot h e r O n e - T i m e S i g n i f i c a n t R e i m b u r s e m e n t s Tr a n s f e r f r o m V L M D 1, 4 0 0 , 0 0 0 1 , 4 0 0 , 0 0 0 $ 1 . 2 M s u p p o r t f o r H o u s i n g ; $ 2 0 0 K f o r D e s t i n a t i o n S t e w a r d s h i p St a t e a n d F e d e r a l C a p i t a l B u s G r a n t 5, 5 2 9 , 4 5 8 Ma j o r R e v e n u e A n a l y s i s 20 2 P r o p o s e d B u d g e t Bo l l a r d s G r a n t 25 0 , 0 0 0 Bu s I n f r s t r c u t u r e G r a n t s 29 1 , 7 0 0 S t a t e F A S T E R T r a n s i t G r a n t 1, 6 2 4 , 0 6 5 Bl a c k G o r e C r e e k G r a n t 89 4 , 8 9 8 Fo u r S e a s o n s H o u s i n g A g r e e m e n t 2, 0 4 0 , 0 0 0 Re a l E s t a t e S a l e s 1, 5 4 7 , 0 0 0 1 , 0 5 4 , 1 1 0 1 , 2 5 1 , 7 3 0 4 2 9 , 0 0 0 M a i n l y w o r k f o r c e h o u s i n g r e s a l e s Us e o f T r a f f i c I m p a c t F e e f o r F r o n t a g e R d P r o j e c t Sa l e o f C h a m o n i x H o u s i n g U n i t s 17 , 7 4 8 , 3 0 4 Pr o j e c t R e i m b u r s e m e n t R e d S a n d s t o n e 5, 8 0 0 , 0 0 0 To t a l S i g n i f i c a n t O n e - T i m e R e v e n u e s 23 , 5 4 8 , 3 0 4 2 , 4 4 1 , 8 9 8 2 , 4 8 4 , 1 1 0 4 5 , 2 5 8 , 4 5 9 5 , 0 8 1 , 3 4 2 1 , 4 0 0 , 0 0 0 9 , 2 6 5 , 9 9 3 - Al l O t h e r R e v e n u e 8, 3 3 9 , 1 0 4 6 , 9 6 8 , 3 7 3 9 , 1 8 3 , 2 9 5 3 , 4 6 9 , 9 0 1 9 , 9 5 6 , 8 1 1 8 , 7 8 8 , 9 7 3 9 , 1 7 2 , 1 0 4 9 , 2 4 3 , 7 6 0 I n g e n e r a l , t h i s i t e m i n c l u d e s p r o j e c t r e i m b u r s e m e n t s , f i r e d e p l o y m e n t s , f r a n c h i s e f e e s , f i n e s a n d f o r f e i t u r e s , e m p l o y e e p o r t i o n o f h e a l t h c a r e 13 % -1 6 % 32 % - 6 2 % 1 8 7 % - 1 2 % 4 % 1 % pr e m i u m s , l i c e n s e r e v e n u e , a d m i n i s t r a t i o n f e e s c o l l e c t e d f r o m V L M D a n d R E T T a n d o t h e r c h a r g e s fo r s e r v i c e s u c h a s o u t o f d i s t r i c t f i r e r e s p o n s e a n d P o l i c e c o n t r a c t e d s e r v i c e s . I t m a y a l s o i n c l u d e us e o f T r a f f i c I m p a c t f e e s o r H o l y C r o s s C o m m u n i t y E n h a n c e m e n t F u n d s To t a l R e v e n u e 10 3 , 2 7 6 , 0 8 3 8 0 , 2 2 1 , 2 7 4 7 4 , 2 3 7 , 5 6 2 1 3 9 , 8 2 1 , 1 5 8 1 0 2 , 8 2 4 , 0 6 6 8 9 , 7 1 5 , 6 8 2 1 1 1 , 8 4 6 , 0 6 2 1 0 0 , 9 3 6 , 5 4 0 % c o m p a r e d t o P r i o r Y e a r 54 % - 2 2 % - 7 % 8 8 % - 2 6 % - 1 3 % 2 5 % - 1 0 % 2. 2 % vs . 2 0 2 3 A m e n d e d ( w i t h o u t O n e - T i m e R e v e n u e s ) 15 . 5 % vs . 2 0 2 2 A c t u a l ( wi t h o u t O n e - T i m e R e v e n u e s ) 18 . 4 % vs . 2 0 2 1 A c t u a l (w i t h o u t O n e - T i m e R e v e n u e s ) 39 . 8 % vs . 2 0 2 0 A c t u a l (w i t h o u t O n e - T i m e R e v e n u e s ) Pr o p o s e d 20 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 Ac t u a l A c t u a l A c t u a l F o r e c a s t B u d g e t 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 Re v e n u e 2. 0 % 2 . 0 % 3 . 0 % 3 . 0 % Lo c a l T a x e s : 2 4 , 9 7 3 , 4 1 8 $ 3 4 , 5 3 4 , 6 8 3 $ 4 5 , 7 3 1 , 3 2 0 $ 4 1 , 1 0 0 , 0 0 0 $ 4 0 , 8 5 0 , 0 0 0 $ 4 1 , 6 1 6 , 0 0 0 $ 4 2 , 4 4 8 , 0 0 0 $ 4 3 , 7 2 1 , 0 0 0 $ 4 5 , 0 3 2 , 0 0 0 $ S a l e s T a x S p l i t b / t G e n ' l F u n d & C a p i t a l F u n d 61 / 3 9 4 9 / 5 1 6 1 / 3 9 6 2 / 3 8 6 2 / 3 8 6 2 / 3 8 6 2 / 3 8 6 2 / 3 8 6 2 / 3 8 S a l e s T a x 1 5 , 3 0 0 , 0 0 0 1 7 , 0 5 0 , 0 0 0 2 4 , 7 7 1 , 0 0 0 2 5 , 4 8 2 , 0 0 0 2 5 , 3 2 7 , 0 0 0 2 5 , 8 0 1 , 9 2 0 2 6 , 3 1 7 , 4 8 0 2 7 , 1 0 7 , 5 0 0 2 7 , 9 2 0 , 3 2 0 P r o p e r t y a n d O w n e r s h i p 5 , 9 4 1 , 7 0 4 6 , 0 1 6 , 1 0 5 6 , 0 4 1 , 4 1 3 6 , 0 7 0 , 7 8 9 8 , 4 4 5 , 0 0 0 8 , 4 4 5 , 0 0 0 8 , 8 6 7 , 2 5 0 8 , 8 6 7 , 2 5 0 9 , 3 1 0 , 6 1 3 S k i L i f t T a x 4 , 0 9 5 , 8 1 2 5 , 5 1 8 , 8 9 0 6 , 4 7 3 , 6 1 8 6 , 4 7 3 , 6 1 7 6 , 6 7 5 , 0 0 0 6 , 8 9 0 , 2 5 0 7 , 1 1 5 , 8 6 0 7 , 4 0 0 , 4 9 4 7 , 6 9 6 , 5 1 4 F r a n c h i s e F e e s , P e n a l t i e s , a n d O t h e r T a x e s 1 , 6 7 2 , 8 4 5 1 , 7 5 1 , 3 0 4 1 , 9 3 3 , 2 5 2 1 , 7 5 1 , 3 8 1 1 , 9 0 1 , 1 5 6 1 , 9 6 1 , 4 2 7 1 , 9 7 0 , 6 5 6 2 , 0 4 4 , 7 7 5 2 , 1 2 1 , 1 1 9 Li c e n s e s & P e r m i t s 2 , 0 7 1 , 4 6 0 2 , 9 2 4 , 9 8 2 2 , 4 9 5 , 0 3 9 3 , 0 2 8 , 1 3 4 2 , 8 3 2 , 0 3 2 2 , 8 8 8 , 6 7 3 2 , 9 4 6 , 4 4 6 3 , 0 0 5 , 3 7 5 3 , 0 6 5 , 4 8 3 In t e r g o v e r n m e n t a l R e v e n u e 2 , 6 2 6 , 0 5 4 3 , 6 1 8 , 7 2 4 3 , 6 0 6 , 0 0 2 3 , 2 0 2 , 3 6 0 3 , 2 4 4 , 3 3 3 3 , 2 7 6 , 7 7 6 3 , 3 0 9 , 5 4 4 3 , 3 4 2 , 6 4 0 3 , 3 7 6 , 0 6 6 Tr a n s p o r t a t i o n C e n t e r s 4 , 8 9 1 , 9 9 8 7 , 0 6 0 , 3 1 9 8 , 1 5 3 , 5 3 4 9 , 1 3 3 , 8 6 3 8 , 9 3 0 , 1 9 6 9 , 1 8 5 , 2 1 0 9 , 3 9 8 , 9 1 4 9 , 6 1 6 , 8 9 2 9 , 8 3 9 , 2 3 0 Ch a r g e s f o r S e r v i c e s 1 , 2 1 2 , 7 7 4 1 , 3 9 1 , 4 7 0 1 , 2 2 0 , 2 8 9 9 9 9 , 9 8 0 1 , 0 2 9 , 9 9 2 1 , 1 4 1 , 3 9 2 1 , 2 1 4 , 2 2 0 1 , 2 8 8 , 5 0 4 1 , 3 6 4 , 2 7 4 Fi n e s & F o r f e i t u r e s 3 4 2 , 2 8 5 2 6 8 , 8 7 8 2 3 0 , 7 7 4 2 1 0 , 7 0 0 2 0 4 , 1 1 6 2 0 8 , 1 9 8 2 1 2 , 3 6 2 2 1 6 , 6 1 0 2 2 0 , 9 4 2 Ea r n i n g s o n I n v e s t m e n t s 3 0 8 , 6 0 9 1 0 0 , 8 8 0 1 6 9 , 3 7 5 1 , 0 0 0 , 0 0 0 5 0 0 , 0 0 0 3 5 0 , 0 0 0 3 5 0 , 0 0 0 3 0 0 , 0 0 0 3 0 0 , 0 0 0 Re n t a l R e v e n u e 7 8 7 , 9 0 7 1 , 1 1 6 , 3 0 5 1 , 4 1 8 , 8 9 0 1 , 4 6 2 , 4 8 7 1 , 7 5 7 , 2 3 8 1 , 6 7 4 , 2 2 5 1 , 7 2 4 , 4 5 2 1 , 7 7 6 , 1 8 5 1 , 8 2 9 , 4 7 1 Mi s c e l l a n e o u s a n d P r o j e c t R e i m b u r s e m e n t s 2 5 5 , 0 0 2 5 1 0 , 6 3 2 3 2 6 , 4 1 5 3 2 1 , 1 5 0 2 3 6 , 0 0 0 3 1 0 , 0 0 0 3 1 6 , 2 0 0 3 2 2 , 5 2 4 3 2 8 , 9 7 4 To t a l R e v e n u e 3 9 , 5 0 6 , 4 5 0 4 7 , 3 2 8 , 4 8 9 5 6 , 8 3 9 , 6 0 1 5 9 , 1 3 6 , 4 6 1 6 1 , 0 8 2 , 0 6 3 6 2 , 1 3 3 , 0 7 1 6 3 , 7 4 3 , 3 8 4 6 5 , 2 8 8 , 7 4 9 6 7 , 3 7 3 , 0 0 5 -9 . 5 % 1 9 . 8 % 4 . 0 % 3 . 3 % 1 . 6 % 2 . 6 % 2 . 4 % 3 . 2 % Ex p e n d i t u r e s Sa l a r i e s 1 9 , 4 2 2 , 7 6 0 2 0 , 8 5 8 , 3 8 6 2 3 , 8 7 0 , 7 3 2 2 6 , 5 6 7 , 1 7 6 2 8 , 2 7 0 , 8 8 1 2 9 , 5 4 3 , 0 7 1 3 0 , 8 7 2 , 5 0 9 3 2 , 4 1 6 , 1 3 4 3 4 , 0 3 6 , 9 4 1 Be n e f i t s 6 , 9 0 4 , 1 3 0 7 , 6 4 3 , 4 8 9 8 , 1 7 2 , 6 5 9 8 , 8 1 7 , 3 0 8 9 , 3 7 7 , 9 7 5 9 , 7 9 9 , 9 8 4 1 0 , 2 4 0 , 9 8 3 1 0 , 7 5 3 , 0 3 2 1 1 , 2 9 0 , 6 8 4 Su b t o t a l C o m p e n s a t i o n a n d B e n e f i t s 2 6 , 3 2 6 , 8 9 0 2 8 , 5 0 1 , 8 7 5 3 2 , 0 4 3 , 3 9 1 3 5 , 3 8 4 , 4 8 4 3 7 , 6 4 8 , 8 5 6 3 9 , 3 4 3 , 0 5 5 4 1 , 1 1 3 , 4 9 2 4 3 , 1 6 9 , 1 6 7 4 5 , 3 2 7 , 6 2 5 -1 . 2 % 8 . 3 % 1 2 . 4 % 2 . 8 % 6 . 4 % 4 . 5 % 4 . 5 % 5 . 0 % 5 . 0 % Co n t r i b u t i o n s a n d W e l c o m e C e n t e r s 6 5 7 , 5 9 9 3 2 3 , 1 8 1 2 8 9 , 1 7 2 2 9 4 , 1 3 4 3 0 5 , 2 0 0 3 1 8 , 1 0 6 3 2 7 , 6 4 9 3 3 7 , 4 7 9 3 4 7 , 6 0 3 Ch i l d c a r e P r o g r a m F u n d i n g - - 1 1 5 , 6 9 8 2 5 0 , 0 0 0 2 5 0 , 0 0 0 2 5 0 , 0 0 0 2 5 0 , 0 0 0 2 5 0 , 0 0 0 2 5 0 , 0 0 0 Al l O t h e r O p e r a t i n g E x p e n s e s 6 , 3 4 4 , 2 5 3 7 , 4 8 1 , 8 6 3 1 0 , 2 5 3 , 2 9 4 1 2 , 1 8 2 , 0 4 9 1 2 , 7 5 6 , 0 4 5 1 3 , 1 3 8 , 7 2 6 1 3 , 6 6 4 , 2 7 5 1 4 , 2 1 0 , 8 4 6 1 4 , 7 7 9 , 2 8 0 He a v y E q u i p m e n t O p e r a t i n g C h a r g e s 2 , 2 6 8 , 2 1 9 2 , 3 1 9 , 0 1 6 2 , 4 6 8 , 0 1 0 3 , 0 3 3 , 6 9 6 3 , 3 5 2 , 6 2 6 3 , 4 5 3 , 2 0 5 3 , 5 5 6 , 8 0 1 3 , 6 6 3 , 5 0 5 3 , 7 7 3 , 4 1 0 He a v y E q u i p m e n t R e p l a c e m e n t C h a r g e s 8 4 0 , 2 0 6 9 0 9 , 3 3 8 9 5 2 , 1 8 9 1 , 1 0 1 , 1 0 5 1 , 1 9 3 , 1 7 5 1 , 2 2 8 , 9 7 0 1 , 2 6 5 , 8 3 9 1 , 3 0 3 , 8 1 5 1 , 3 4 2 , 9 2 9 Di s p a t c h S e r v i c e s 6 6 6 , 0 4 2 6 2 3 , 9 4 0 6 5 2 , 9 3 8 6 6 9 , 3 1 7 6 9 1 , 4 4 8 7 1 2 , 1 9 1 7 3 3 , 5 5 7 7 5 5 , 5 6 4 7 7 8 , 2 3 1 To t a l E x p e n d i t u r e s 3 7 , 1 0 3 , 2 1 0 4 0 , 1 5 9 , 2 1 3 4 6 , 7 7 4 , 6 9 2 5 2 , 9 1 4 , 7 8 5 5 6 , 1 9 7 , 3 5 0 5 8 , 4 4 4 , 2 5 3 6 0 , 9 1 1 , 6 1 4 6 3 , 6 9 0 , 3 7 5 6 6 , 5 9 9 , 0 7 8 -3 . 2 % 8 . 2 % 6 . 2 % 6 . 1 % 4 . 2 % 4 . 6 % 4 . 6 % Su r p l u s ( D e f i c i t ) f r o m O p e r a t i o n s 2 , 4 0 3 , 2 4 0 7 , 1 6 9 , 2 7 6 1 0 , 0 6 4 , 9 0 9 6 , 2 2 1 , 6 7 6 4 , 8 8 4 , 7 1 3 3 , 6 8 8 , 8 1 8 2 , 8 3 1 , 7 7 0 1 , 5 9 8 , 3 7 4 7 7 3 , 9 2 7 On e - T i m e I t e m s : Fe d e r a l G r a n t s C R R S A A T r a n s i t G r a n t (Oper a t i n g) 1,50 7 ,24 2 1 ,78 9 ,61 3 3 3 7 ,23 4 C A R E S T r a n s i t G r a n t (Oper a t i n g) 1,19 7 ,93 0 1 ,78 9 ,61 2 - A m e r i c a n R e s c u e P l a n G r a n t (1,36 5 ,83 5 ) A m e r i c a n R e s c u e P l a n I n i t i a t i v e s 1,36 5 ,83 5 Pl a n n i n g P r o j e c t s VL M D T r a n s f e r f o r D e s t i n a t i o n S t e w a r d s h i p M g m t . P l a n 2 0 0 , 0 0 0 De s t i n a t i o n S t e w a r d s h i p M g m t . P l a n ( 2 2 4 , 0 8 1 ) ( 2 3 0 , 3 1 9 ) Va i l V i s i o n ( 1 0 0 , 0 0 0 ) Ci v i c A r e a / D o b s o n M a s t e r P l a n ( 3 5 0 , 0 0 0 ) ( 3 5 0 , 0 0 0 ) We s t V a i l M a s t e r P l a n ( 1 5 2 , 8 5 1 ) ( 1 7 3 , 9 0 9 ) ( 3 1 , 6 8 8 ) ( 1 0 0 , 0 0 0 ) Co n t i n g e n c y ( 2 5 , 0 0 0 ) Co n t r i b u t i o n s F u n d e d w i t h R e s e r v e s Va i l C h a p e l C a p i t a l C o n t r i b u t i o n ( 2 5 0 , 0 0 0 ) ( 5 0 0 , 0 0 0 ) EC O T r a i l - E a g l e V a l l e y T r a i l C o n t r i b u t i o n ( M i n t u r n ) ( 1 0 0 , 0 0 0 ) Mo u n t a i n T r a v e l S y m p o s i u m ( 1 4 5 , 8 4 8 ) Ne t I n c r e a s e / ( D e c r e a s e ) d u e t o O n e - T i m e I t e m s : 1 , 4 9 1 , 0 3 0 1 , 0 1 9 , 2 8 8 1 , 1 3 7 , 9 9 5 ( 8 4 3 , 0 8 5 ) ( 3 7 5 , 0 0 0 ) TO W N O F V A I L 2 0 2 4 P R O P O S E D 5 - Y E A R P L A N SU M M A R Y O F R E V E N U E , E X P E N D I T U R E S A N D C H A N G E S I N F U N D B A L A N C E GE N E R A L F U N D Tr a n s f e r t o M a r k e t i n g & S p e c i a l E v e n t s F u n d ( 1 , 6 5 3 , 1 7 8 ) ( 2 , 0 0 0 , 0 0 0 ) ( 1 , 8 2 5 , 0 0 0 ) ( 1 , 5 8 3 , 3 6 3 ) ( 2 , 6 0 0 , 0 0 0 ) ( 2 , 6 5 2 , 0 0 0 ) ( 2 , 7 0 5 , 0 4 0 ) ( 2 , 7 5 9 , 1 4 1 ) ( 2 , 8 1 4 , 3 2 4 ) Tr a n s f e r t o O t h e r F u n d s - ( 3 1 7 , 9 2 7 ) ( 2 9 1 , 9 3 8 ) ( 1 , 6 1 1 , 3 4 9 ) Ti m b e r R i d g e Tr a n s f e r t o T R f o r S i t e a n d P o d i u m ( 2 3 , 7 4 9 , 8 4 0 ) 5 , 0 0 0 , 0 0 0 1 8 , 0 0 0 , 0 0 0 7 4 9 , 8 4 0 Tr a n s f e r t o T R f o r B u i l d i n g A S u b s i d y ( 4 , 3 0 0 , 0 0 0 ) Do b s o n Tr a n s f e r t o C P F ( 1 1 , 0 0 0 , 0 0 0 ) 5 , 0 0 0 , 0 0 0 6 , 0 0 0 , 0 0 0 4 , 0 0 0 , 0 0 0 Bo o t h H e i g h t s Tr a n s f e r t o R E T T ( 5 , 5 1 9 , 9 8 5 ) Pa r k i n g C a p i t a l R e s e r v e C o n t r i b u t i o n - ( 5 , 0 0 0 , 0 0 0 ) ( 5 , 0 0 0 , 0 0 0 ) ( 5 , 0 0 0 , 0 0 0 ) Su r p l u s ( D e f i c i t ) N e t o f T r a n s f e r s a n d O n e - T i m e I t e m 2, 2 4 1 , 0 9 2 5 , 8 7 0 , 6 3 7 9 , 0 8 5 , 9 6 6 ( 3 , 3 3 6 , 1 0 6 ) ( 2 6 , 1 4 0 , 1 2 7 ) ( 4 , 9 6 3 , 1 8 2 ) 1 8 , 1 2 6 , 7 3 0 5 8 9 , 0 7 4 ( 3 , 0 4 0 , 3 9 7 ) Be g i n n i n g F u n d B a l a n c e 3 6 , 3 0 6 , 6 6 5 3 8 , 5 4 7 , 7 5 7 4 4 , 4 2 6 , 1 1 8 5 3 , 5 1 2 , 0 8 4 5 0 , 1 7 5 , 9 7 8 2 4 , 0 3 5 , 8 5 1 1 9 , 0 7 2 , 6 6 9 3 7 , 1 9 9 , 3 9 9 3 7 , 7 8 8 , 4 7 2 En d i n g F u n d B a l a n c e 3 8 , 5 4 7 , 7 5 7 $ 4 4 , 4 1 8 , 3 9 4 $ 5 3 , 5 1 2 , 0 8 4 $ 5 0 , 1 7 5 , 9 7 8 $ 2 4 , 0 3 5 , 8 5 1 $ 1 9 , 0 7 2 , 6 6 9 $ 3 7 , 1 9 9 , 3 9 9 $ 3 7 , 7 8 8 , 4 7 2 $ 3 4 , 7 4 8 , 0 7 6 $ A s % o f A n n u a l R e v e n u e s 8 8 % 1 0 1 % 9 4 % 8 5 % 3 9 % 3 1 % 5 8 % 5 8 % 5 2 % 2022 2023 2024 Actual % Salary Budget % Salary Budget % Salary Full-Time Regular Employees Fee Based Health Insurance 4,090,670 16.84% 4,592,266 16.10% 4,534,560 15.08% Group Term Life, Disability & Accidental Death 330,971 1.36% 319,696 1.12% 373,068 1.24% Lifestyle & Wellness Benefit 344,542 1.42% 270,000 0.95% 310,000 1.03% Sworn Officer Death and Disability Insurance 188,275 0.77% 211,342 0.74% 255,241 0.85% Subtotal Fee Based 4,954,458 20.39% 5,393,304 18.91% 5,472,869 18.20% Payroll Based Pension Contribution 3,425,331 14.10% 3,924,345 13.76% 4,691,370 15.60% Medicare 357,567 1.47% 372,542 1.31% 434,605 1.45% Workers' Compensation Insurance 184,065 0.76% 243,220 0.85% 276,000 0.92% Unemployment Compensation Insurance 72,827 0.30% 102,770 0.36% 119,891 0.40% Subtotal Payroll Based 4,039,790 16.63% 4,642,877 16.27% 5,521,866 18.37% Total Full-Time Benefits 8,994,248 37.02% 10,036,181 35.18% 10,994,735 36.57% Part-Time and Seasonal Employees Fee Based Wellness Benefit 27,068 1.88% 15,000 0.84% 20,000 1.03% Health Insurance 554,090 38.44% 231,655 13.01% 214,361 11.06% Payroll Based Pension Contribution 24,285 1.68% 21,620 1.21% 29,408 1.52% Medicare 21,664 1.50% 20,899 1.17% 28,428 1.47% Workers' Compensation Insurance 11,592 0.80% 28,566 1.60% 29,000 1.50% Unemployment Compensation Insurance 4,587 0.31% 5,765 0.32% 7,842 0.40% Disability - 0.00% - 0.00% 3,100 0.16% Subtotal Payroll Based 62,128 4.16% 76,850 4.32% 97,778 5.05% Total Part-Time and Seasonal Benefits 643,286 43.06% 323,505 18.16% 332,139 17.14% Total Benefits - All Employees 9,637,534 38.29% 10,359,686 34.18% 11,326,874 35.39% (1,414,188.99) -12.8%722,152.00 7.5%967,188.00 9.3% Town of Vail Employee Benefits 2024 Council Contributions: Staff Recommendations SERVICES This category funds programs of services/expertise that the town does not already provide, supports the TOV physical plant and is appropriate for governmental support. Currently included in this category is annual programming support of Colorado Ski and Snowboard Museum and Betty Ford Alpine Garden. This category does not support annual operating requests. A. Colorado Snowsports Museum CASH REQUEST (Programming): $50,000 (up $3,179 or 6.8% from 2023 approved request). INKIND REQUEST: Waive rent valued at $145,666 and provide 4 parking passes valued at $7,750 (An increase of 1 Parking pass from the 2023 approved request). BACKGROUND INFORMATION: The Colorado Snowsports Museum and Hall of Fame is requesting a total cash contribution of $50,000 which will be used to market the museum, continue to provide free admission for visitors, and maintain/update exhibits. STAFF RECOMMENDATION: Staff recommends funding the in-kind request based on the lease terms and 3 of the 4 passes requested (totaling $151,566) and a cash contribution of $48,226, up 3% from prior year. Staff recommends that this is used towards maintaining and updating exhibits and providing programming for visitors. B. Betty Ford Alpine Gardens (BFAG) CASH REQUEST (Programming): $100,000, $23,112 or 30.1% increase from 2023. CAPITAL REQUEST (Capital): $15,000 towards water use monitoring equipment, including water meters and battery operated-fill valves to all water features that would then be wired to an irrigation clock that would control timed windows for water feature filling. INKIND REQUEST: 2 designated parking spots at Ford Park and 1 employee plus pass ($2,700); BACKGROUND INFORMATION: Betty Ford Alpine Garden’s is requesting a cash contribution of $100,000 for their garden care and education program. This includes the purchase of plant materials, tools, soil, and compost, replanting as well as garden upgrades and the management and supervision of the volunteer team and summer garden interns. The increased request reflects expenditure increases over several years. Over the past 10 years the BFAG’s budget has increased $900K or 108%. Over the same period, the Town’s contribution has increased 34%. BFAG has also requested $15,000 towards water use monitoring equipment. The Town of Vail pays the cost of the water for BFAG. STAFF RECOMMENDATION: Staff recommends a cash contribution of $79,195 to go towards the Garden Care and Upkeep Program (a 3% increase from prior year original funding). Staff also recommends in-kind funding for 2 designated parking spots at Ford Park and 1 employee plus parking pass. In addition to Council contributions, the BFAG is requesting $50,00 from the Committee on Special Events for a dinosaur exhibit. Staff does not recommend funding the water monitoring equipment. This contribution is funded by Real Estate Transfer Tax Fund. C. Eagle River Watershed Council CASH REQUEST (Programming): $42,000, Flat with the 2023 request and awarded funds. BACKGROUND INFORMATION: Eagle River Watershed Council is requesting a cash contribution of $42,000 to fund water quality monitoring, community education, and river restoration projects. Specifically, the contribution will be used towards the 2024 Community Pride Highway Cleanup ($3,500); the 2024 Eagle River Cleanup ($3,500); Sediment-Source & Bio-Monitoring of Gore/Black Gore Creeks ($10,000); Water Quality Monitoring & Assessment Program ($13,000); Gore Creek Restoration Project ($8,000); Community Water Plan Implementation ($4,000). STAFF RECOMMENDATION: Staff recommends funding the $42,000, flat with prior year funding. D. High Five Access Media CASH REQUEST: $152,000 (50% of Comcast franchise fees), flat with prior years request. In early 2021, High Five gave a presentation to Council on their town provided services and their share Comcast franchise fees was increased to 50%. BACKGROUND INFORMATION: High Five Access Media is requesting $152,000 (or 50%) of franchise fees the Town of Vail receives annually from Comcast, based on terms of the Comcast franchise agreement with the town. The cash contribution will be used to fund High Five Access Media programs, in-house productions, video production equipment purchases, production of council meetings, free access for Vail residents to membership, basic media education, cable and internet distribution of video as well as paying for ongoing costs for cablecast and webcast of programming to Comcast subscribers and internet users. STAFF RECOMMENDATION: Staff recommends funding of approximately $152,000 (or 50%) of estimated franchise fees the Town receives annually from Comcast. E. Vail Valley Mountain Trails Alliance CASH REQUEST: $17,500, Flat with 2023 contributions. BACKGROUND INFORMATION: The Vail Valley Mountain Trails Alliance is requesting $17,500 to continue funding three programs: Adopt a Trail, Wildlife Trail Ambassador, Trail Conservation Crew. The Adopt A Trail program use volunteers to help maintain and monitor local trails. This program assists in maintaining twelve trails connected to the Town of Vail. The Wildlife Trail Ambassador program educates and communicates seasonal trail closures including North Trail, Son of Middle Creek, Buffehr Creek, and Two Elk. The Trail Conservation Crew program provides on the ground trail maintenance and stewardship programs. In 2022, this program included projects on Mill Creek, Son of Middle Creek. They cleared over 350 downed trees on these trails, along with Two Elk and North Trail, as well to ensure visitors and locals have a high quality trail experience. STAFF RECOMMENDATION: Staff recommends total funding of $17,500 for the Adopt A Trail program, the Wildlife Trail Ambassador, and the Trail Conservation Crew, to be used on trails within or that border the Town of Vail. Funding for this will come from the Real Estate Transfer Tax Fund. F. Vail Mountain Rescue Group (VMRG) CASH REQUEST: $3,000, a 68.0% or $6,373 decrease over the prior year’s awarded funding. CAPITAL REQUEST (Capital): $10,000 for sonar equipment designed for searching bodies of water. The total request of $13,000 is a $3,627 or 38.7% increase over the prior year’s awarded funding. BACKGROUND INFORMATION: Vail Mountain Rescue Group's search and rescue capability provides a safety net for residents and visitors. It allows them to enjoy the bountiful recreational and cultural opportunities that are available and experience a quality of life that provides alpine living at its best, knowing there is an organization that is equipped to potentially save their life should a recreational activity accident occur. Vail Mountain Rescue Group is requesting a cash contribution of $3,000 to fund a swift water rescue training program. VMRG will reserve spots in this course for interested Vail Fire employees VMRG is also requesting a cash contribution of $10,000 for the purchase of a Scan-650 Sector Scanning Sonar designed to search bodies of water during search and rescue. STAFF RECOMMENDATION: Staff recommends funding of $3,000 for a swift water rescue training for VMRG members and Vail Fire employees. The town considers this organization part of emergency response in our area. Staff additionally recommends funding of $6,654 toward the purchase of a Scan-650 Sector Scanning Sonar. (A 3% overall increase in funding from 2023). G. Vail Valley Foundation (VVF) CAPITAL REQUST: $1,000,000 for a reimbursement for the completed Gerald R Ford Ampitheater Solar and Roof project. BACKGROUND INFORMATION: Located in Ford Park, the Gerald R Ford Amphitheater ("GRFA"), is the largest performance venue in Eagle County. The GRFA serves the entire community by providing a venue for diverse musical and artistic programming (both free & paid), and 3rd party events and community events. Community events include graduations, art classes, youth events, celebrations of life and religious events, to name several. The GRFA was opened in 1987 and is in the midst of its 36th season of operation (2023). The Town of Vail and Vail Valley Foundation are partners in the GRFA. The land is owned by the Town of Vail and the venue is owned and operated by Vail Valley Foundation under a long- term lease agreement by and between Town of Vail and Vail Valley Foundation. The proposed capital upgrades to GRFA are not a nice-to-have but a must-have in order for this incredible community asset to continue to live up to the Town of Vail's vision of a premier international mountain resort community. The VVF has expressed their intention to additionally request funds from 2025-2028 for major renovations to the Gerald R Ford Ampitheater. They intend to request $5M from 2024 through 2028. STAFF RECCOMENDATION: Due to the magnititude of this request and the potential impact on General Fund reserves, staff defers the funding decision to the Council. H. Small Champions, Inc. INKIND REQUEST: 70 parking vouchers to use on nine off peak Sundays during 2023-2024 ski season, valued at $2,800 (an increase of 5 parking vouchers from the 2022-2023 season); and use of the Welcome Center as a drop off and pick-up location on those nine Sundays. (an increase of one day from the 2022-2023 season). BACKGROUND INFORMATION: Small Champions is requesting an in-kind contribution to support their ski days for special needs children this winter. STAFF RECOMMENDATION: Staff recommends in-kind funding of 70 parking vouchers (of the 70 requested) to be used on nine winter Sundays, valued at $2,800. Staff also recommends the use of the Welcome Center as a drop-off and pick-up location for those nine Sundays. I. Vail Mountaineer Hockey Club BACKGROUND INFORMATION: The Vail Mountaineer Hockey Club is requesting in-kind funding for 14 days at Dobson ice arena valued at $39,900. This includes 12 days for the Sportsmanship Tournament and 2 days for the Avalanche Alumni Weekend. STAFF RECOMMENDATION: Staff recommends in-kind funding consistent with 2023 by providing 14 days of ice time valued at $39,900, subject to approval and coordination with the Vail Recreation District for the ice time. However, the Hockey Assn. will be responsible for hard costs for use of the Dobson Arena such as set-up, tear-down, cleaning and utilities. J. Ski & Snowboard Club of Vail BACKGROUND INFORMATION: The Ski & Snowboard Club of Vail has requested in-kind funding (valued at $11,400) for 4 days use of Dobson arena for their annual Vail Ski Swap. STAFF RECOMMENDATION: Staff recommends funding the in-kind request consistent with 2023 by providing four days (out of four requested) with appropriate approval and coordination with the Vail Recreation District. The Ski & Snowboard Club will be responsible for hard costs for use of the Dobson Arena such as set-up, tear-down, cleaning and utilities. K. Skating Club of Vail BACKGROUND INFORMATION: The Skating Club of Vail has requested in-kind funding of 10 days use of Dobson valued at $28,500. STAFF RECOMMENDATION: Staff recommends in-kind funding consistent with 2023 by providing 10 days of ice time (out of 10 requested) valued at $28,500 subject to approval and coordination with the Vail Recreation District. The Skating Club will be responsible for hard costs for use of the Dobson Arena such as set-up, tear-down, cleaning and utilities. L. Special Olympics BACKGROUND INFORMATION: The Special Olympics is requesting an in-kind contribution of 56 parking vouchers valued at $2,240 to be used on each Sunday of training during the 2023-2024 ski season at either the Lionshead or Village Parking Structures. STAFF RECOMMENDATION: Staff recommends in-kind funding consistent with 2023 by providing 56 parking vouchers with one-time entry/exit coupons valued at $2,240. M. Foresight Ski Guides BACKGROUND INFORMATION: Foresight Ski Guides is requesting two employee plus parking passes (valued at $3,700) for the 2023 - 2024 ski season. Foresight provides parking to volunteer guides, half of which drive from Denver who need to be parked and ready to meet their visually impaired participants by 8:30am. Local guides usually take public transportation and/or carpool. Foresight provides challenging recreation opportunities to visually impaired participants (adults and children) and guides. STAFF RECOMMENDATION: Staff recommends providing two employee plus passes as was approved in the past several years (valued at $3,700). N. SOS Outreach BACKGROUND INFORMATION: SOS Outreach is requesting 25 parking vouchers (valued at $1,000) for the 2023 - 2024 ski season to be used by program coordinators hauling gear to and from the mountain for the winter skiing and snowboarding programs for underserved youth. STAFF RECOMMENDATION: Staff recommends providing 25 parking vouchers for the 2023/24 ski season to be used by program coordinators, consistent with 2023. 20 2 2 2 0 2 3 Ac t u a l s F o r e c a s t 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 Re v e n u e Ho u s i n g S a l e s T a x 4, 9 5 4 , 4 3 8 $ 5 , 1 0 0 , 0 0 0 $ 4 , 9 5 0 , 0 0 0 $ 5 , 0 9 9 , 0 0 0 $ 5 , 2 5 2 , 0 0 0 $ 5 , 4 6 2 , 0 0 0 $ 5 , 6 8 0 , 0 0 0 $ Ho u s i n g F e e i n L i e u A n n u a l C o l l e c t i o n s 52 , 4 2 5 Tr a n s f e r f r o m C a p i t a l P r o j e c t s F u n d ( b a l a n c e ) Tr a n s f e r i n f r o m C a p i t a l P r o j e c t s F u n d 2, 5 0 0 , 0 0 0 2 , 5 0 0 , 0 0 0 2 , 5 0 0 , 0 0 0 2 , 5 0 0 , 0 0 0 2 , 5 0 0 , 0 0 0 2 , 5 0 0 , 0 0 0 2 , 5 0 0 , 0 0 0 Tr a n s f e r i n f r o m G e n e r a l F u n d - 1 , 2 0 0 , 0 0 0 - - - - - CD O T L a n d V a l u e r e p a i d - - - 1 , 7 1 5 , 0 0 0 - - Wo r k f o r c e H o u s i n g S a l e s 1 , 2 5 1 , 7 3 0 4 1 9 , 0 0 0 - - - - - Ho u s i n g L a t e F e e s 6 , 7 5 0 Pr o j e c t R e i m b u r s e m e n t s 2 , 0 4 0 , 0 0 0 To t a l R e v e n u e 1 0 , 8 0 5 , 3 4 4 9 , 2 1 9 , 0 0 0 7 , 4 5 0 , 0 0 0 7 , 5 9 9 , 0 0 0 9 , 4 6 7 , 0 0 0 7 , 9 6 2 , 0 0 0 8 , 1 8 0 , 0 0 0 Ex p e n d i t u r e s Ho u s i n g P r o g r a m s I n D e e d P r o g r a m 5 8 2 , 2 4 5 5 , 1 1 2 , 0 8 9 2 , 5 0 0 , 0 0 0 2 , 5 0 0 , 0 0 0 2 , 5 0 0 , 0 0 0 2 , 5 0 0 , 0 0 0 2 , 5 0 0 , 0 0 0 B u y D o w n H o u s i n g 4 , 5 9 1 7 2 , 6 8 3 - - - - - Fu t u r e P u r c h a s e s - 7 7 5 , 0 0 0 - Co n s t r u c t i o n H o u s i n g P r o j e c t s W. 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e n h a n c e s g u e s t e x p e r i e n c e ; i n c l u d e s h e a t e d s t a i r w a y s o n e a s t s i d e - w i l l n o t be f u n d e d u n t i l t h e C i v i c A r e a P l a n i s c o m p l e t e Go r e V a l l e y T r a i l n e a r t h e L i o n s h e a d g o n d o l a 2, 3 0 0 , 0 0 0 Ou t c o m e s f r o m t h e F o r d P a r k M a s t e r P l a n El e c t r o n i c D i r e c t o r i e s i n V i l l a g e s In f o r m a t i o n a n d w a y f i n d i n g K i o s k s i n L i o n s h e a d a n d V a i l V i l l a g e El e c t r o n i c c a r c h a r g i n g s t a t i o n s i n p a r k i n g s t r u c t u r e s Hi g h p o w e r e d c h a r g i n g s t a t i o n s i n t h e p a r k i n g s t r u c t u r e s - c o s t s a n d g r a n t s b e i n g r e s e a r c h e d Na t u r e C e n t e r R e d e v e l o p m e n t D E S I G N 40 0 , 0 0 0 Go r e / D e l u g e L a k e T r a i l h e a d P a r k i n g / R e s t r o o m 40 0 , 0 0 0 Ki n d e l P a r k / M i l l C r e e k I m p r o v e m e n t s 25 0 , 0 0 0 Wo r n S t r e a m t r a c t b e t w e e n H a n s o n R a n c h a n d P i r a t e s h i p P a r k - P r o j e c t a l r e a d y i n d e s i g n ; r i p a r i a n p l a n t i n g Re d S a n d s t o n e P a r k P i c n i c S h e l t e r 75 , 0 0 0 Mo d e s t 1 2 ' x 1 2 ' s h e l t e r n e a r v o l l e y b a l l c o u r t d e f e r r e d f r o m 2 0 2 2 - 2 0 2 4 ER W S D B r i d g e 40 0 , 0 0 0 Pe d e s t r i a n C o n n e c t i v i t y : S F R t o D o b s o n 60 0 , 0 0 0 Pe d e s t r i a n C o n n e c t i v i t y : D o n o v a n t o C a s c a d e o n S F R 60 0 , 0 0 0 Ea s t V a i l I n t e r c h a n g e T r a i l h e a d p a r k i n g l o t e x p a n s i o n 30 0 , 0 0 0 Va i l V i l l a g e B o l l a r d I n s t a l l a t i o n 65 0 , 0 0 0 Po s s i b l e G r a n t s Fo r d P a r k B o l l a r d I n s t a l l a t i o n 65 0 , 0 0 0 Po s s i b l e G r a n t s Bu s S h e l t e r I m p r o v e m e n t s ( E a s t V a i l ) 20 0 , 0 0 0 To t a l 1 1 , 3 2 5 , 0 0 0 6 7 , 4 0 0 , 0 0 0 El i g i b l e f o r f u n d i n g f r o m CAPITAL PROJECTS FUND Data Center Main Stacks Replacement 2024 Project:Data Center Main Stacks Replacement Location:TOV Data Center Budget: Narrative:The main stacks of data center equipment are due for replacement. For this purchase, we will put out an RFP to ensure we are getting the best pricing and support for our investment. We are proposing to replace both the primary infrastructure stack – the Dell VXRail system – as well as improve our backup/recovery solution to a product called Rubrik. Rubrik is the best available backup solution to mitigate against Ransomware attacks, of which the town is a target. Initial cost estimates are approximately $1M for the VXRails and $500K for the Rubrik backup/recovery system. We are including an additional $250K for implementation and support costs that could become necessary. These replacements are not optional, nor can they be deferred, because the current equipment will be 6 years old in 2024, and we can no longer extend Dell support. If something were to happen to this old hardware, we’d have no technical expertise from the vendor available to help us recover from the issue. Town Council Priority: Experience – ensures that all IT applications and software is hosted on up-to-date and properly supported equipment. Without this assurance, town staff may not be able to support the needs of our residents, guests, and community. Economy – by using the best available system to mitigate the possibility of a Ransomware attack, we are protecting the town’s critical systems (Finance, HR, Records Management) from potential malicious attacks, and enables a rapid and effective recovery in the event of an attack. 2024 2025 2026 2027 2028 Capital Cost $1,750,000 $0 $0 $0 $0 Replacement Year 2029 CAPITAL PROJECTS FUND Electric Bus Chargers 2024 Project:Electric Bus Chargers Location:TOV Bus Barn Budget: Narrative:This project is the charging equipment that is required for the new battery electric buses. The Town will have 8 new buses arriving in 2024. These chargers are needed to keep the fleet charged. Bus chargers are required to be installed in the bus barn. The backbone infrastructure is in place. This includes the cost of 3 charging cabinets and 6 dual port dispensers as well as installation from the electrical panel to the placement in the barn. The $600k in new funds being requested are in addition to $397k appropriated in 2023. The total capital cost across 2023 and 2024 is partially offset by grant revenue. There is a total of $616,330 in grant funding awarded to this project over 3 separate grants: VW Settlement ($255,728 - no local match), Congressional Directed Spending ($179,480 - no local match), and FTA Bus and Bus Facilities ($181,122-20% local match). Town Council Priority: Experience and Environmental Timeline:Order placement will occur in late 2023 for delivery and installation prior to new bus arrival in May 2024. Photo: Note: New chargers will utilize a different system design than existing chargers. 2024 2025 2026 2027 2028 Capital Cost $600,000 Annual Maintenance Cost $ 80,000 Utilities Cost Electric cost offset by reduction in diesel fuel cost Replacement Year 2034 CAPITAL PROJECTS FUND Terradyne Armored Vehicle 2024 Project:Terradyne Armored Vehicle Location:Housed in Avon for shared use by participating agencies Budget: Narrative: The Eagle County Special Operations Unit seeks to enhance its operational capabilities by acquiring an armored vehicle. The proposed Terradyne armored vehicle would significantly bolster our ability to respond effectively to high-risk situations, ensuring the safety of both officers and citizens. The collaborative effort involving multiple towns within Eagle County reflects a shared commitment to maintaining public safety and strengthening law enforcement response. In today's evolving threat landscape, law enforcement agencies face challenges that require advanced equipment and resources. The acquisition of an armored vehicle is vital to ensure the safety of officers and the community during critical incidents involving armed suspects, hostage situations, and active shooter scenarios. The proposed Terradyne armored vehicle is a strategic investment that will significantly enhance the Eagle County Special Operations Unit's ability to respond to high-risk situations. This armored vehicle is engineered to withstand various threats and provides a secure platform for officers to approach and resolve dangerous situations. Its capabilities include mobility across different terrains, ballistic protection, and advanced communication systems. The vehicle cost will be split among the agencies that participate on the team based on a percentage of their overall budgets. Eagle County, the Town of Avon, Town of Eagle, and the Town of Vail would be splitting the cost for the purchase. The Town of Avon will pay for the maintenance of the vehicle. Benefits: Enhanced Officer Safety: The armored vehicle will provide a secure platform for officers to engage with dangerous suspects while minimizing risks to their safety. Community Protection: The vehicle's capabilities will ensure a more effective response to critical incidents, protecting officers and citizens. Versatile Deployment: The Terradyne armored vehicle can navigate diverse terrains and environments, ensuring rapid and effective responses in various scenarios. Collaborative Approach: The joint funding model demonstrates the commitment of multiple towns within Eagle County to support and strengthen law enforcement capabilities. 2024 2025 2026 2027 2028 Capital Cost $145,000 $0 $0 $0 $0 Annual Maintenance Cost None – Would be paid by Town of Avon Crisis Resolution: The presence of an armored vehicle can contribute to the swift resolution of high-risk situations, minimizing the potential for prolonged disruptions. The acquisition of the Terradyne armored vehicle represents a significant step towards enhancing the Town of Vail Police Department's operational capabilities. This investment will ensure the safety of our officers and the community while responding to critical incidents. Based on proportional budget allocations, the collaborative funding approach underscores the shared commitment of multiple towns within Eagle County to strengthen public safety resources. Town Council Priority: Community CAPITAL PROJECTS FUND Vail Mobility Hub Design 2024 Project:Vail Mobility Hub Design Location:Vail Transportation Center Budget: Town Council Priority: Experience, Environmental Provides an improved community and guest experience for those who use transit. It encourages transit ridership, reducing vehicle trips and emissions, by providing a facility with the necessary capacity to increase ridership to Vail. Narrative:The purpose of this project is to design an expanded Vail Mobility Hub at the Vail Transportation Center. The Town received a $750,000 grant (50/50 match) to begin the design of an expanded mobility hub. Moving forward with the design phase of this project is necessary in order to be ready for construction in 2026. CDOT has planned an additional $6M+ within the next few years to go towards the construction of this project, which will likely provide matching grant funding for this project. Anticipated improvements include capacity expansion, accommodations of new technology, and future AGS connection. Timeline:2024 2024 2025 2026 2027 2028 Capital Cost $1,500,000 $0 $2,000,000 $0 $0 Maintenance Yes, Expanded Building Utilities Yes Expanded Building Replacement 40+ Years CAPITAL PROJECTS FUND Mountain Plaza Loading Dock Elevator Renovation 2025 Project:Mountain Plaza Loading Dock Elevator Locations:TOV Budget: Narrative:The Town of Vail has a long-term agreement with Vail resorts concerning the Vail Plaza Loading Dock. The Town of Vail is responsible for 60% of the cost of operation and maintenance. This includes the two elevators which access the dock. The elevators are nearing the point of renovation of the doors is required for proper operation. The cost to renovate the doors is estimated at $161,000 in today’s quote. The Town’s share is estimated to be $100,000. Town Council Priority: Community, Experience, Economy Timeline:May of 2025 2024 2025 2026 2027 2028 Capital Cost $0 $100,000 $0 $0 $0 Replacement Year 2030 CAPITAL PROJECTS FUND Vail Village Snowmelt Infrastructure Replacement 2024 Project: Vail Village Snowmelt Infrastructure Replacement Location:Vail Village Budget: Narrative:The purpose of this project is replacing aging snowmelt infrastructure (mains, laterals, manifolds & zones) within the Vail Village. Leaks and rust have plagued the system over the past 18-years. The project will include to replacing steel mains, and joint fittings. This does not include boiler replacement, which is a separate item within the 5-year plan. Town Council Priority: Experience and Economy This project will mitigate existing leaks within the vail village snowmelt system at connection joints. This allows the system to be run at more efficient temperatures, saving operation costs, and maintaining a safe snow free walking surface in the village that guests are accustomed to. Timeline: 2024-2026 2024 2025 2026 2027 2028 Capital Cost $1,500,000 $0 $1,250,000 $0 $0 Maintenance No Increase Utilities No Increase Replacement 25+ Years REAL ESTATE TRANSFER TAX AIPP Artist in Residency 2024 Project:Artist Residency Studio Programming Locations:Ford Park Lower Bench at Art Residency Studio (to be constructed in 2024) Budget: Narrative:This project includes the anticipated costs for the year-round artist residencies, programming, acquisition of temporary and permanent works of art directly related to the Artist Residency Studio. These costs include: public events, artist engagements, artist talks, artist demonstrations, photography, artist stipend, lodging, travel, artist materials and supplies, installation and deinstallation of art, exhibits, acquisitions, marketing, printed collateral, advertising, and signage for a robust and successful Artist Residency. AIPP is at a turning point with the overall strategic vision for the program centered around the Artist Residency Studio and Programs which will enable Vail to achieve the status of having a credible visual arts program with a dedicated space for creating art. Town Council Priority: Community, Experience, Economy Timeline:Anticipated Construction 2024. AIPP plans to host another summer residency without the physical studio space built, as well as the installation of an acquired work from the 2023 residency. Photo: 2024 2025 2026 2027 2028 Capital Cost &Programming $50,000 $100,000 $100,000 $100,000 $100,000 Replacement Year 2030 REAL ESTATE TRANSFER TAX Energy Efficiency Performance Contract 2024 Project:Energy Efficiency Performance Contract Locations:TOV Owned Facilities Budget: Narrative:The Town of Vail has carbon emissions reductions goals of 50% by 2030 and 80% by 2050. As such, municipal emissions must be decreased. This requires investments in facilities to improve their energy efficiency. An Energy Performance Contract (EPC) is a State of Colorado Energy Office program to raise funding for the needed capital improvements. The EPC conducts an energy audit of all the town’s facilities and then determines which energy conservation measures (ECMs) would be beneficial. The utility savings from those ECM’s are guaranteed and are used to pay back the program for the capital costs over time. The $150,000 requested is for the Energy Audit portion of the EPC, after which the capital funds for projects can be secured through the program. This is an expeditious way to bundle many needed energy savings projects into a single package and achieve the town’s climate action goals while enhancing and improving the performance of its facilities. The town underwent an EPC in 2012, and a 10-year interval is appropriate for a new EPC. Town Council Priority: Environmental This project will help the Town meet its environmental goal of reducing carbon emissions 50% by 2030, and 80% by 2050. Timeline:An energy audit will occur in 2024, after which capital projects will start. 2024 2025 2026 2027 2028 Capital Cost $150,000 Replacement Year n/a REAL ESTATE TRANSFER TAX Ford Park Master Plan Capital Design 2024 Project:Ford Park Master Plan, Design of Capital Improvements Locations:Ford Park Budget: Narrative: This funding request is to provide a placeholder budget preliminary design of capital improvements that will be derived from the current Ford Park Master Plan Update. These improvements requiring preliminary design may include, but are not limited to, ADA pedestrian routes, Tennis Center/Welcome Center Remodel and an internal ADA shuttle system. Town Council Priority: Community, Experience, and Economy Ford Park is the premier community park in Vail and a significant part of the experience that brings guests to town, which helps to improve the economy of Vail. Timeline:Spring – Summer 2024 Photo: 2024 2025 2026 2027 2027 Capital Cost $200,000 $0 $0 $0 $0 Replacement Year n/a REAL ESTATE TRANSFER TAX Ford Park Playground Safety Improvements 2024 Project:Ford Park Playground Improvements Locations:Ford Park Playground Budget: Narrative:In the 2023 Five Year Capital/RETT Budget, funds were allocated in 2023 and 2026 for improvements to the Ford Park Playground. No work was completed in 2023 other than an engineering evaluation of the existing structures. Ford Park play area has some of the oldest play structures and equipment in the town having been built in 1988 with a major renovation in 1999. Small renovations have occurred over the past 24 years. One of the major needs of the park is to rectify a safety situation where a large suspension bridge overhangs boulder walls. In addition, there are ADA compliance needs, replacement of worn-out equipment, and the replacement of some older structures including the toddler play area. Staff’s long-term recommendation is to reconstruct/renovate the walls, several play structures and possibly the bridge. However, at this time staff proposes less costly safety and structural improvement during 2024 that will improve compliance until additional funds can be budgeted. This project would utilize 2023 funds anticipated to be re-appropriated and add $268,000 to the 2024 budget for a budget total of approximately $490,000. Design work will occur during the winter, with construction beginning in the spring of 2024 to be ready for the summer season. Town Council Priority: Community and Experience The Ford Park playground is one of the most popular play areas in Vail, located in iconic Ford Park. The purpose of this project is to ensure the 25- to 35-year-old playground remains safe and well-maintained. Providing high-quality play areas has long been a standard for the Town of Vail and improves community connections, and visitor experience. Timeline:Spring 2024 Photos: 2024 2025 2026 2027 2028 Capital Cost $268,000 $ 0 $0 $0 $0 Replacement Year 2045 REAL ESTATE TRANSFER TAX Pirateship Park Playground Safety Improvements 2024 Project:Pirateship Park Playground Safety Improvements Locations:Pirateship Park Budget: Narrative:Pirateship Park was renovated with a new play sculpture in 2008. It is well-used in both summer and winter months. While generally in good shape, some of the siding, decking, and components are worn and should be replaced. It should also be re-painted/re-stained. The climbing handholds on the east side of the ship have resulted in significant wear on the siding and staff suggests replacing the handholds with a different type of climber that will not wear on the siding. Design work will occur during the winter, with construction beginning in the spring of 2024 to be ready for the summer season. Town Council Priority: Community, Experience The Pirateship playground is one of the most popular play areas in Vail, located in busy Vail Village and adjacent to the Eagle Bahn gondola. The purpose of this project is to ensure the playground remains safe and well-maintained. Providing high-quality play areas has long been a standard for the Town of Vail and improves community connections, and visitor experience. Timeline:Spring 2024 Photos: 2024 2025 2026 2027 2028 Capital Cost $300,000 $0 $0 $0 $0 Replacement Year 2045 REAL ESTATE TRANSFER TAX FUND Recreation Trail Safety Improvements 2024 Project:Recreation Trail Safety Improvements Locations:Gore Valley Trail/North Recreation Path Budget: Narrative:Vail’s recreation trails are increasingly busy. There have been a number of close calls and some collisions on the trails. These funds would be used specifically to fund minor improvement projects and/or design work for larger projects. These items could include widening pavement, improving sight distance, signage, walls to widen shoulders, etc. Town Council Priority: Community: Safety on our recreation trails is a community-wide issue. Experience: We have received a number of complaints about speed and lack of courtesy. Improving the trails will improve resident and guest experience. Timeline:Spring/Summer 2024 Photo: Sample of clearing sight lines, before and after: 2024 2025 2026 2027 2028 Capital Cost $ 70,000 $0 $0 $0 $0 Replacement Year n/a REAL ESTATE TRANSFER TAX FUND Slifer Fountain Feature Repairs 2024 Project:Slifer Fountain Feature Repairs Locations:Slifer Plaza Budget: Narrative:This funding request is to repair leak in the water line which supplies water to multiple water features. Town Staff noticed higher than normal water consumption in the fountain and narrowed the issue down to this feature. The fountain is out of warranty from the 2020 reconstruction. Town Council Priority: Environmental - Fountain leaks are an environmental concern, resulting in excess water consumption and higher water rates. Timeline:Spring – Summer 2024 Photo: 2024 2025 2026 2027 2028 Capital Cost $75,000 $0 $0 $0 $0 Annual Maintenance Cost No increase Proposed 2022 2023 2023 2024 Actual Budget Amended Budget Revenue Business Licenses 362,978$ 345,000$ 345,000$ 345,000$ Transfer in from General Fund 1,825,000 1,500,000 1,535,000 2,600,000 VLMD Contribution - 1,200,000 1,200,000 Event Reimbursements/Shared Costs 127,500 - - Earnings on Investments (3,334) 250 250 250 Total Revenue 2,312,144 3,045,250 3,080,250 2,945,250 Expenditures Commission on Special Events (CSE) CSE Funded Events 653,890 - CSE Surveys 36,688 54,000 54,000 54,000 Education & Enrichment 144,007 154,530 154,530 154,530 Visitor Draw - 684,648 684,648 684,648 Recreation - 75,000 75,000 75,000 Signature Events:1,095,252 1,035,252 1,095,252 Bravo! 311,657 - - Vail Jazz Festival 85,000 - - Vail Valley Foundation - Mountain Games 140,000 - - Vail Valley Foundation - GRFA 55,125 - - Vail Valley Foundation - Dance Festival 60,000 - - Town Produced Events:766,000 826,000 801,000 Vail Apre Spring Series 253,470 - - Employee Celebration & Concert (Spring) 10,150 - - Revely Vail 140,898 - - Vail Holidays Funding 20,739 - - Vail America Days 71,136 - - NYE/4th of July Display 100,000 - - 58,000 Ambient Event Funding: Music in the Villages 196,661 154,530 142,508 237,978 Cultural Heritage: Pioneer Weekend 8,000 - - National Brotherhood of Skiers - 125,000 125,000 Other Council Funded Events Mikaela 87 - - 35,000 Collection Fee - General Fund 18,149 17,250 17,250 17,250 Total Expenditures 2,305,569 3,126,210 3,149,188 3,177,658 Revenue Over (Under) Expenditures 6,575 (80,960) (68,938) (232,408) Beginning Fund Balance 409,749 407,124 416,324 347,386 Ending Fund Balance 416,324$ 326,164$ 347,386$ 114,978$ TOWN OF VAIL 2024 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE VAIL MARKETING & SPECIAL EVENTS FUND Proposed 2022 2023 2023 2024 Actuals Budget Amended Budget Revenue Town of Vail Interagency Charge 3,523,352$ 4,224,129$ 4,257,935$ 4,632,943$ Insurance Reimbursements & Other 54,753 25,000 25,000 25,000 Intergovernmental Revenues 28,406 - - - Earnings on Investments 2,689 810 810 1,500 Equipment Sales and Trade-ins 188,745 294,238 294,238 196,227 Total Revenue 3,797,945 4,544,177 4,577,983 4,855,670 Expenditures Salaries & Benefits 1,195,747 1,344,321 1,403,973 1,462,006 Operating, Maintenance & Contracts 1,878,229 2,102,307 2,136,113 2,169,796 Capital Outlay 1,351,972 1,355,886 2,248,143 1,501,976 Total Expenditures 4,425,948 4,802,514 5,788,229 5,133,778 Revenue Over (Under) Expenditures (628,003) (258,337) (1,210,246) (278,108) Transfer In from General Fund 48,394 - 59,652 - Beginning Fund Balance 2,499,233 1,677,813 1,919,624 769,030 Ending Fund Balance 1,919,624$ 1,419,476$ 769,030$ 490,922$ Proposed 2022 2023 2023 2024 Actuals Budget Amended Budget Revenue Town of Vail Interagency Charge - Premiums 4,748,921$ 4,748,921$ 4,748,921$ 4,798,910$ Employee Contributions 763,995 963,081 963,081 972,712 Insurer Proceeds 26,307 30,000 30,000 530,000 Earnings on Investments 10,924 15,000 15,000 75,000 Total Revenue 5,550,147 5,757,002 5,757,002 6,376,622 Expenditures Health Insurance Premiums 1,463,391 1,690,000 1,690,000 1,497,000 Claims Paid 3,314,816 4,597,739 4,597,739 5,245,678 Wellness Bonus 63,240 78,000 78,000 78,000 Professional Fees 52,043 118,820 118,820 110,000 Total Expenditures 4,893,490 6,484,559 6,484,559 6,930,678 Revenue Over (Under) Expenditures 656,658 (727,557) (727,557) (554,056) Beginning Fund Balance 4,446,705 5,103,362 5,103,362 4,375,805 Ending Fund Balance 5,103,362$ 4,375,805$ 4,375,805$ 3,821,749$ HEALTH INSURANCE FUND TOWN OF VAIL 2024 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE HEAVY EQUIPMENT FUND TOWN OF VAIL 2024 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE Proposed 2022 2023 2023 2024 Actuals Budget Amended Budget Revenue E911 Board Revenue 956,272$ 1,067,535$ 1,067,535$ 1,167,993$ Interagency Charges 1,298,899 1,444,427 1,444,427 1,598,162 Other County Revenues 11,103 - 103,000 - Town of Vail Interagency Charge 652,938 669,317 669,317 691,448 Earnings on Investments and Other 6,681 658 658 5,000 E911 BOARD Capital Grant Project Reimbursement Other Total Revenue 2,925,893 3,181,937 3,284,937 3,462,603 Expenditures Salaries & Benefits 2,215,601 2,579,635 2,836,672 2,910,171 Operating, Maintenance & Contracts 466,206 593,611 593,611 613,342 Capital Outlay 27,528 87,528 87,528 - Total Expenditures 2,709,335 3,260,774 3,517,811 3,523,513 Revenue Over (Under) Expenditures 216,558 (78,837) (157,673) (60,910) Transfer In from General Fund 113,998 - 154,037 - Beginning Fund Balance 1,686,772 1,645,305 2,017,328 2,013,692 Ending Fund Balance 2,017,328$ 1,566,468$ 2,013,692$ 1,952,781$ TOWN OF VAIL PROPOSED 2024 BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE DISPATCH SERVICES FUND Proposed 2022 2023 2023 2024 Actual Budget Amended Budget Revenue Rental Income 1,812,816$ 1,865,753$ 1,865,753$ 466,438$ Other Income 50,736 14,724 14,724 3,681 Total Revenue 1,863,552 1,880,477 1,880,477 470,119 Expenditures Operating, Maintenance & Contracts 510,985 515,617 547,617 171,872 Capital Outlay 3,450 - - - Contigency - - 50,000 - Total Expenditures 514,435 515,617 597,617 171,872 Operating Income 1,349,117 1,364,860 1,282,860 298,247 Non-operating Revenues (Expenses) Interest on Investments 7,024 180 180 12,500 Loan Principal Repayment to Capital Projects Fund (389,728) (392,607) (392,607) (401,508) Interest Payment to Capital Projects Fund (70,879) (70,392) (70,392) (61,447) Repayment of Debt Service @ Sale to CPF Total Non-operating Revenues (Expenses)(453,583) (462,819) (462,819) (450,455) Site and Podium Site and Podium- Timber Ridge Redevelopment (32,749,840) Transfer from Housing Fund- Site and Podium 9,000,000 Transfer from General Fund- Site and Podium 23,749,840 Total Site and Podium - - - - Building A- Debt Serivce Loan from GF for Subsidy 4,300,000 Building D - Purchase Price (5,847,933) Total Building A- Debt Service - - - (1,547,933) Revenue Over (Under) Expenditures 895,534 902,041 820,041 (1,700,141) Beginning Fund Balance 1,183,214 2,060,145 2,078,748 2,898,789 Ending Fund Balance 2,078,748$ 2,962,186$ 2,898,789$ 1,198,648$ TOWN OF VAIL 2024 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE TIMBER RIDGE FUND 2023 Proposed 2022 2023 Amended 2024 Actual Budget Budget Budget Revenue Rental Income - 725,802 560,080 1,721,300 Other Income - 48,000 29,000 70,980 Investment Earnings 149,681 - 155,967 500 Total Revenue 149,681 773,802 745,047 1,792,780 Expenses Operating, Maintenance & Contracts - 362,305 325,494 508,894 Capital Outlay / Capital Reserve 13,096,898 - 14,607,038 51,639 Total Expenditures 13,096,898 362,305 14,932,532 560,533 Revenue Over Expenses (12,947,217) 411,497 (14,187,485) 1,232,247 Other Financing Sources (Uses) Fiscal Agent fees (1,250) - (3,000) (3,000) Principal Repayment (315,000) (415,000) (415,000) (435,000) Interest Expense (788,354) (800,388) (800,388) (783,788) Transfer from Capital Projects Fund 1,221,760 825,000 5,750,444 - Total Other Financing Sources (Uses)117,156 (390,388) 4,532,056 (1,221,788) Change in Net Position (12,830,061) 21,109 (9,655,429) 10,459 Net Position- Beginning 22,539,575 - 9,709,514 54,085 Net Position- Ending 9,709,514$ 21,109$ 54,085$ 64,544$ TOWN OF VAIL 2024 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE RESIDENCES AT MAIN VAIL 3 TM B U D G E T | O v e r v i e w To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 • 20 2 4 R e v e n u e s p r o j e c t e d a t $ 1 0 0 . 9 M • 4. 2 % d e c r e a s e f r o m 2 0 2 3 A m e n d e d • 3. 5 % d e c r e a s e f r o m t h e 2 0 2 2 A c t u a l s • Ge n e r a l S a l e s T a x p r o j e c t e d a t $ 4 0 . 9 M , u p 1 . 9 % f r o m 20 2 3 A m e n d e d a n d d o w n 1 . 1 % f r o m 2 0 2 2 • Ex p e n d i t u r e B u d g e t o f $ 1 3 5 . 5 M • Mu n i c i p a l S e r v i c e s : $ 7 0 . 1 M ( 5 1 . 7 % ) • Ca p i t a l E x p e n d i t u r e s : $ 6 3 . 0 M ( 4 6 . 5 % ) • De b t S e r v i c e : $ 2 . 4 M ( 1 . 8 % ) • 20 2 Y e a r E n d R e s e r v e s : $ M 5 TM B U D G E T D R A F T | R e v e n u e To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 Re v e n u e F u n d 20 2 1 Ac t u a l 20 2 2 Ac t u a l 20 2 3 Am e n d e d Bu d g e t 20 2 4 Pr o p o s e d P r o j e c t i o n s Ge n e r a l Sa l e s T a x GF / CP F $3 4 . 7 M $ 4 1 . 3 M $ 4 0 . 1 M $ 4 0 . 9 M Up 1 . 9 % f r o m 2 0 2 3 A m e n d e d ; D o w n 1. 2 % f r o m 2 0 2 2 ; D o w n 0 . 6 % f r o m 2 0 2 3 Fo r e c a s t Ho u s i n g Sa l e s T a x HF - - $ 4 . 9 M $ 4 . 9 5 M Up 1 . 0 % f r o m 2 0 2 3 A m e n d e d RE T T R E T T $1 2 . 5 M $ 9 . 6 M $ 7 . 0 M $ 6 . 2 M Do w n 1 1 . 4 % f r o m 2 0 2 3 A m e n d e d Pr o p e r t y T a x G F $6 . 0 M $ 6 . 0 M $ 6 . 1 M $ 8 . 4 M B a s e d o n C o u n t y V a l u a t i o n Pa r k i n g GF $7 . 1 M $ 8 . 2 M $ 8 . 7 M $ 8 . 9 M Up 2 . 3 % f r o m 2 0 2 3 A m e n d e d ; U p 8 . 5 % fr o m 2 0 2 2 Li f t T a x GF $6 . 0 M $ 6 . 5 M $ 6 . 2 M $ 6 . 7 M Up 8 . 0 % f r o m 2 0 2 3 A m e n d e d ; U p 3 . 1 % fr o m 2 0 2 2 Co n s t r u c t i o n Us e T a x CP F $3 . 7 M $ 2 . 2 M $ 2 . 0 M $ 2 . 0 M Fl a t w i t h 2 0 2 3 A m e n d e d ; D o w n 8 . 6 % fr o m 2 0 2 2 ; n o l a r g e p r o j e c t s w e r e as s u m e d 11 TM B U D G E T D R A F T | P e r s o n n e l To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 Ou r c o m p e n s a t i o n p h i l o s o p h y s h o u l d al i g n w i t h o u r b r a n d – a w o r l d c l a s s re s o r t w i t h w o r l d c l a s s p e o p l e • P r e m i u m s e r v i c e a n d w o r k o u t c o m e s i n ex c h a n g e f o r t h e o p p o r t u n i t y t o e a r n pr e m i u m p a y • P r e m i u m p a y w i l l b e d e m o n s t r a t e d b y p a y gr a d e s w i t h m i d p o i n t s t h a t a r e a l i g n e d wi t h t h e 6 5 th to 7 5 th pe r c e n t i l e o f t h e Co l o r a d o m a r k e t a d j u s t e d f o r c o s t o f la b o r d i f f e r e n c e s i n t h e V a i l v a l l e y . • I n d i v i d u a l a d v a n c e m e n t t h r o u g h t h e ra n g e s w i l l b e b a s e d o n p e r f o r m a n c e . Co m p e n s a t i o n Ph i l o s o p h y Br a n d 12 TM B U D G E T D R A F T | P e r s o n n e l To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 • 3. 5 n e t n e w F T E s r e q u e s t e d – O n e po s i t i o n p r o p o s e d o f f s e t w i t h V L M D f u n d s • $1 1 2 K p l a c e h o l d e r f u n d s f o r i n t e r n a l ho u s i n g p r o g r a m • 5. 9 % w a g e i n c r e a s e f o r m e r i t i n c r e a s e s an d o r g a n i z a t i o n - w i d e r a t e a d j u s t m e n t • $7 5 0 K c o m p e n s a t i o n a d j u s t m e n t s pl a c e h o l d e r Co m p e n s a t i o n T o t a l $ 3 3 . 9 M Ge n e r a l F u n d $ 2 8 . 3 M Re a l E s t a t e T r a n s f e r T a x F u n d $ 2 . 4 M Di s p a t c h S e r v i c e s $ 2 . 1 M He a v y E q u i p m e n t F u n d $ 1 . 1 M Be n e f i t s T o t a l $ 1 1 . 3 M Ge n e r a l F u n d $ 9 . 4 M Re a l E s t a t e T r a n s f e r T a x F u n d $ 7 5 2 K Di s p a t c h S e r v i c e s $ 7 6 1 K He a v y E q u i p m e n t F u n d $ 3 9 5 K • Em p l o y e e E x p e r i e n c e • Va c a t i o n R e i n v e s t m e n t p r o g r a m co n t i n u e d ( $ 2 5 0 K ) • We l l n e s s b e n e f i t s a m e a s p r i o r y e a r ($ 7 8 K ) • Ma i n t a i n i n g c o m p e t i t i v e b e n e f i t pa c k a g e 14 TM B U D G E T D R A F T | P e r s o n n e l C h a n g e s To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 St a f f R e c o m m e n d a t i o n : 3. 5 F T E R e q u e s t s h a v e b e e n i n c l u d e d i n t h e 20 2 4 B u d g e t a n d p l a c e h o l d e r f o r i n t e r n a l h o u s i n g c o o r d i n a t o r De p a r t m e n t F u n d F T E J u s t i f i c a t i o n De p u t y C h i e f o f C o m m u n i t y R i s k Re d u c t i o n GF 1 . 0 Be t t e r a l i g n c u r r e n t F i r e M a r s h a l p o s i t i o n w i t h b e s t pr a c t i c e a p p r o a c h f o r c o m m u n i t y r i s k r e d u c t i o n . Ev i d e n c e T e c h G F 1 . 0 In c r e a s e d v o l u m e o f d i g i t a l e v i d e n c e ; c o m p l i a n c e o f ev i d e n c e d o c u m e n t a t i o n , d i s s e m i n a t i o n a n d p u r g i n g po l i c i e s Pa r k i n g S p e c i a l i s t G F 0 . 5 C o n v e r t W i n t e r S e a s o n a l t o F u l l - T i m e Ec o n o m i c D e v e l o p m e n t – D i g i t a l Co n t e n t C o o r d i n a t o r GF 1 . 0 Be t t e r m a n a g e m e n t o f V L M D c o n t e n t m a r k e t i n g . C o s t of t h i s F T E i s p r o p o s e d t o b e e n t i r e l y o f f s e t b y a co n t r i b u t i o n f r o m t h e V L M D To t a l 3 . 5 16 TM D R A F T B U D G E T | G e n e r a l F u n d To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 TM B U D G E T D R A F T | G e n e r a l F u n d To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 To t a l In c r e a s e / D e c r e a s e f r o m 20 2 3 A m e n d e d Sa l e s T a x ( $ 4 0 . 9 M ) $ 2 5 . 3 M 1 . 9 % Ot h e r R e v e n u e s $ 3 5 . 8 M 1 0 . 6 % Ex p e n d i t u r e s ( 5 6 . 5 ) M 6 . 7 % Su r p l u s / ( D e f i c i t ) f r o m O p e r a t i o n s $ 4 . 6 M On e - T i m e G r a n t / T r a n s f e r R e v e n u e s N A Ex p e n d i t u r e s U s i n g R e s e r v e s Pl a n n i n g P r o j e c t s ( 3 7 5 ) K - 6 5 . 5 % On e T i m e C o n t r i b u t i o n s - N A Ma r k e t i n g F u n d E v e n t s ( 2 . 6 ) M 6 9 . 4 % Tr a n s f e r t o T i m b e r R i d g e F u n d ( 2 8 . 0 5 ) M N A Su r p l u s / ( D e f i c i t ) ( $ 2 6 . 4 M ) En d i n g F u n d B a l a n c e $ 2 3 . 8 M - 5 6 % TM B U D G E T D R A F T | O p e r a t i n g E x p e n d i t u r e s To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 CO M M U N I T Y O n g o i n g N e w F u n d B u d g e t Ch i l d c a r e P r o g r a m s X G F $ 2 5 0 K Cu l t u r a l H e r i t a g e X G F $ 3 7 K Ti m b e r R i d g e R e d e v e l o p m e n t X G F / T R $ 3 8 . M Bi k e S h a r e P r o g r a m s X R E T T $ 2 2 5 K Va i l I n D E E D F u n d i n g X C P F / H F $ 2 . 5 M Co m m u n i t y C o n t r i b u t i o n s X G F / R E T T $ 3 5 7 K EC O N O M Y O n g o i n g N e w F u n d B u d g e t Ci v i c A r e a c o n c e p t u a l d e s i g n X G F $ 3 5 0 K Gl o b a l E x c h a n g e & P e e r R e s o r t V i s i t s X G F $ 1 0 5 K Sp e c i a l E v e n t S p o n s o r s h i p s X M F / G F $ 3 . 2 M TM B U D G E T D R A F T | O p e r a t i n g E x p e n d i t u r e s To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 EX P E R I E N C E O n g o i n g N e w F u n d B u d g e t Fr e e b u s s e r v i c e X G F Lo a d i n g a n d D e l i v e r y P r o g r a m X G F $ 1 . 5 M Va i l M o b i l i t y H u b E x p a n s i o n X C P F $ 1 . 5 M We l c o m e C e n t e r s X G F To w n - W i d e G u e s t S e r v i c e P r o g r a m s X G F $ 8 2 K TM B U D G E T D R A F T | O p e r a t i n g E x p e n d i t u r e s To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 SU S T A I N A B I L I T Y O n g o i n g N e w F u n d B u d g e t Re g i o n a l E - B i k e P r o g r a m X R E T T $ 2 2 5 K El e c t r i c B u s C h a r g e r s X C P F $ 6 0 0 K En e r g y E f f i c i e n c y P e r f o r m a n c e C o n t r a c t X R E T T $ 1 5 0 K Fi r e F r e e F i v e R e b a t e s X R E T T $ 1 0 0 K Su s t a i n a b l e D e s t i n a t i o n C e r t i f i c a t i o n P r o g r a m X R E T T $ 4 5 K TM B U D G E T D R A F T | D e p a r t m e n t S p e n d i n g To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 Ex p e n d i t u r e C a t e g o r y D o l l a r I n c r e a s e s R a t i o n a l e Em p l o y e e D e v e l o p m e n t $ 2 3 K I n c r e a s e d C o s t s o f P r o f e s s i o n a l du e s In s u r a n c e $ 2 1 0 K H i g h e r G e n . L i a b i l i t y ; S t a t e Le g i s l a t i v e I m p a c t , I n c r e a s e d Va l u a t i o n s Ut i l i t i e s $ 1 0 4 K I n c r e a s e d c o s t s ; a d d i t i o n a l em p l o y e e u n i t s p u r c h a s e d Ve h i c l e F u e l / M a i n t $ 3 2 2 K I n c r e a s e d c o s t s TM B U D G E T D R A F T | A m e r i c a n R e s c u e P l a n F u n d s To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 Am e r i c a n R e s c u e P l a n F u n d s : $ 1 , 3 6 5 , 0 0 0 (M u s t b e s p e n t b y 1 2 / 3 1 / 2 0 2 4 ) Re c o m m e n d h o l d i n g u n t i l c o u n c i l c o m p l e t e s s t r a t e g i c p l a n i n ea r l y 2 0 2 4 Po t e n t i a l U s e s : •Pr o v i d i n g p r e m i u m p a y t o e s s e n t i a l w o r k e r s •Pr o v i d i n g g o v e r n m e n t s e r v i c e s t o t h e e x t e n t o f r e v e n u e l o s s d u e t o t h e p a n d e m i c •Ma k i n g n e c e s s a r y i n v e s t m e n t s i n w a t e r , s e w e r , a n d b r o a d b a n d i n f r a s t r u c t u r e •De v e l o p m e n t o f i n f r a s t r u c t u r e p r o j e c t s •He a l t h c a r e •Ch i l d c a r e •Ho u s i n g 26 TM B U D G E T D R A F T | C o u n c i l C o n t r i b u t i o n s To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 27 TM B U D G E T D R A F T | C o u n c i l C o n t r i b u t i o n s To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 • Pa y m e n t o f $ 1 . 0 M t o w a r d s t h e a l r e a d y - c o m p l e t e d r o o f a n d s o l a r p r o j e c t a t th e G e r a l d R F o r d A m p h i t h e a t e r ( w h i c h c o s t $ 1 . 5 M t o t a l ) – T o h e l p s u p p o r t t h e ov e r a l l ~ $ 2 0 M c a p i t a l i m p r o v e m e n t p l a n ( 2 0 2 3 - 2 0 2 8 ) • Th e V V F h a s e x p r e s s e d t h e i r i n t e n t i o n t o a d d i t i o n a l l y r e q u e s t f u n d s f r o m 20 2 5 - 2 0 2 8 f o r m a j o r r e n o v a t i o n s t o t h e G e r a l d R F o r d A m p h i t h e a t e r . T h e y in t e n d t o r e q u e s t $ 5 M f r o m 2 0 2 4 t h r o u g h 2 0 2 8 . ( 2 5 % o f t o t a l e s t i m a t e d pr o j e c t c o s t ) • Th e V V F i n t e n d s t o r a i s e t h e o t h e r $ 1 5 M r e q u i r e d f o r t h i s p r o j e c t f r o m 2 0 2 4 - 20 2 8 t h r o u g h i n d i v i d u a l d o n o r s , i n s t i t u t i o n a l g r a n t s , a n d c o m m u n i t y p a r t n e r s . • Ca p i t a l i m p r o v e m e n t s e x p e c t e d o v e r t h e n e x t 5 y e a r s i n c l u d e m a i n o f f i c e bu i l d i n g a n d b a c k o f h o u s e i m p r o v e m e n t s , c o n c e s s i o n s a n d g r i l l im p r o v e m e n t s , e a s t b a r & l o a d i n g d o c k i m p r o v e m e n t s , a n d p a v i l i o n s e a t s , sa f e t y r a i l i n g , a n d p r o d u c t i o n i m p r o v e m e n t s . 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TM B U D G E T D R A F T | C a p i t a l P l a n – R E T T F u n d To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 Bo o t h H e i g h t s G e n e r a l F u n d P a y b a c k - $ 5 . 5 M • Fi x e d R a t e 3 0 - Y e a r P a y b a c k ( $ 1 8 4 K - $ 2 5 0 K p e r y e a r ) – op t i o n t o s u p p l e m e n t a s r e v e n u e s a l l o w • No P a y b a c k • Ex c e s s R E T T c o l l e c t i o n s a b o v e a n n u a l b u d g e t s p l i t w i t h ne w p r o j e c t s TM B U D G E T D R A F T | O t h e r F u n d s • H e a v y E q u i p m e n t F u n d • $ 1 . 5 M i n r e p l a c e m e n t v e h i c l e s i n 2 0 2 4 • H e a l t h I n s u r a n c e F u n d • U t i l i z e B u i l t u p r e s e r v e s t o s t a b i l i z e e x p e n d i t u r e s t o d e p a r t m e n t s a n d em p l o y e e s • D i s p a t c h S e r v i c e s F u n d • N o s e t - a s i d e f o r c a p i t a l r e s e r v e • R e s i d e n c e s a t M a i n V a i l F u n d • $ 1 . 2 M o f d e b t s e r v i c e p a y m e n t • T i m b e r R i d g e E n t e r p r i s e F u n d • $ 3 8 . 6 M i n c a s h e x p e n d i t u r e s f o r s i t e a n d p o d i u m a n d s u b s i d y To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 MILLIONS TM B U D G E T D R A F T | R e c a p • A r e t h e r e c h a n g e s C o u n c i l w o u l d l i k e u s t o c o n s i d e r a s we b r i n g t h e T o w n M a n a g e r ’ s b u d g e t f o r w a r d ? To w n o f V a i l | F i n a n c e | 1 0 / 1 7 / 2 0 2 3 Fi r s t r e a d i n g o f b u d g e t o r d i n a n c e N o v e m b e r 7 th Se c o n d R e a d i n g o f b u d g e t o r d i n a n c e N o v e m b e r 2 1 s t To: Vail Town Council From: Department of Public Works Date: October 17, 2023 Subject: Ford Park Master Plan – Town Council Update I. PURPOSE The purpose of this agenda item is to provide an update to the Town Council on the progress of the Ford Park Master Plan. On October 9, 2023, the Planning and Environmental Commission (PEC) unanimously approved a recommendation to the Town Council for the update to the Ford Park Master Plan. The PEC approval was made without conditions. Prior to a formal hearing on November 7, 2023, staff is presenting the Ford Park Master Plan to the Town Council and requesting the Council provide comments and questions to staff and the consultant team for consideration in the final draft Ford Park Master Plan document. II. BACKGROUND On June 18, 2023, the Council was provided with an update on the Ford Park Master Plan. The PEC was provided with a similar update on August 28, 2023. The feedback received from both discussions provided valuable insight into the clarifications and modifications needed to improve the draft document presented to the PEC on October 9, 2023, and to be presented to the Council on this date. As previously mentioned, the PEC unanimously approved a recommendation to the Town Council for the update to the Ford Park Master Plan without conditions. However, discussion with the PEC revealed an opportunity to further enhance the level of public participation and involvement with future decisions regarding Ford Park. The public input received through the EngageVail website offered valuable insight into the public’s feelings about the current condition of Ford Park, park use, and about some general proposals that had been discussed. The input lacked detailed information on how locals and guests arrive at the park and their experiences in how they move about the park, interact with other park users and vehicles, and utilize the various features and services within the park. The draft master plan makes recommendations to conduct a series of Capital Improvement Studies relating to Circulation and Access Enhancements and Specific Facilities and Programs. Whether initiated separately or collectively, each of these studies would benefit from a robust public process to gather specific user data that would Town of Vail Page 2 inform the decision-making that would follow the more in depth studies. The Council may desire to request additional public process be included in the master plan at the November 7, 2023, reading. III. SUMMARY OF THE FORD PARK MASTER PLAN The heart of the Ford Park Master Plan is the Goals and Guiding Principles, which affirm a wholistic approach to the management of the park, break down operational silos, and streamline maintenance functions. These statements will inform decision-making, and aid in establishing priorities around Ford Park. They include action statements and recommendations regarding the parks overall functions and clarify responsibilities of the various entities that share the public space. Following are outlines of the Goals and Guiding Principles of the Ford Park Master Plan. 1. Master Plan Goals a. Protect the Character and Quality of the Park and the Overall User Experience b. Strengthen Relationships between Venues and Users c. Provide a Safe, Enjoyable, Accessible, Legible, and Intuitive Pedestrian Circulation System d. Protect the Gore Creek Corridor 2. Master Plan Guiding Principles a. Formation of the Ford Park Oversight Committee b. Evaluation of Proposed Physical and Operational Changes c. Promote Diverse Programming and Activities without Conflicts d. Foster Collaboration and Cooperation between Stakeholders e. Preserve and Enhance the Natural Environment f. Streamline Maintenance Responsibilities g. Create ADA Compliance and Limit Vehicular Intrusion Supporting the Guiding Principles are 12 recommended Capital Improvement Studies derived from the community engagement and the extensive stakeholder dialog. There are 2 sections of recommended Capital Improvement Studies. These are broken down as follows. 1. Circulation and Access Enhancements that affect Visitor Experience a. Signage and Wayfinding b. Parking and Transit Efficiencies c. ADA Compliance d. Managing Vehicular Access e. Gore Creek Access and Protection f. Amphitheater Access and Egress 2. Site Specific Facilities and Programs a. In-Depth Analysis of the Proposed Amphitheater Renovations b. Engagement and Design Process for the Vail Nature Center c. Reorganization of the Lower Bench d. Improvements to the Maintenance Facilities for the Vail Recreation District and Betty Ford Alpine Gardens e. Design and location of a Ford Park Welcome Center f. Plan and Coordination for the Eagle River Water and Sanitation District R-Series Well Town of Vail Page 3 A section on Implementation is the final chapter in the Ford Park Master Plan. This section lays out a strategy for the prioritization of recommendations within the master plan. There are 3 Priority Operational Actions including the following. 1. Establish the Ford Park Oversight Committee 2. Collaborate with Stakeholder Organizations to Reorganize Maintenance Responsibilities within the Park. 3. Implement an ADA Compliance and Vehicular Access Study. Finally, the master plan provides a table of Capital Improvement Studies which assigns a tiered priority to each outcome. The results of each of the studies recommended in the master plan should include budget cost estimates to inform future capital project funding. The proposed 2024 Real Estate Transfer Tax budget includes an initial $200K to kickoff the Capital Improvement Studies. IV. STAFF RECOMMENDATION Staff recommends the Town Council consider the content included in the Draft Ford Park Master Plan presented and provide questions, comments, and direction to the Staff and WRT Team in anticipation of the formal hearing on November 7, 2023. V. ACTION REQUESTED BY COUNCIL The Town Council is requested to provide questions, comments, and direction to the Staff and WRT Team on the Draft Ford Park Master Plan. Attachments: Draft Ford Park Master Plan Presentation Ford Park Master Plan 2013 – List of Completed Capital Projects 9.19.23 Improvement #1 – Gore Creek Corridor Restoration Blocked off social trails, several hundred trees and shrubs have been planted and are becoming established, several diseased trees have been removed. On-going project wit more work to be accomplished in the coming years. Improvements #2 – Gore Creek Village Connector The Gore Creek Village Connector, aka Streamwalk, was improved as a direct result of the inclusion in this master plan. The surface was upgraded, drainage improvements completed, and the maximum slope was reduced by half. Improvement #3 – Entry Monuments at Park’s pedestrian entries The Art in Public Places Committee took on and competed the design and installation of 7 stone and metal entry monuments at the various points of access to Ford Park. The monuments were designed, fabricated, and installed by Chevo Studios. Improvement #4 – Betty Ford Alpine Gardens Education Center The construction of the Betty Ford Alpine Gardens Education Center was completed following the adoption of the 2103 Ford park Master Plan. Improvement #5 – Nature Center Significant planning work was accomplished on the Nature Center in 2017. The plan included resolutions to accessibility, restrooms and fire department access as well as many other opportunities which had been identified. This work was curtailed by the Town Council in 2018 and has not been restarted. Improvement #6 – Ford Amphitheater Entry Upgrade/Public Plaza The Social Courtyard was completed by the Vail Valley Foundation following the adoption of the 2013 Ford Park Master Plan. Improvement #7 – Children’s Playground Restrooms The public restrooms near the Children’s Playground were constructed following the adoption of the 2013 Ford park Master Plan. The restrooms are totally accessible and are heated for year-round use. Improvement #8 – Betty Ford Way Traffic Control 2013 Master Plan, Objective 3.1, Policy Statement 3 recommended to have delivery vehicles use East BF Way entering and exiting the park. A “sally-port” gate configuration was established on East BF Way to allow two-way traffic with one vehicle on the road at a time. The system failed to function due to driver error. The upper gate remined for a time with video/intercom communication with the Parking office for drivers requesting ADA access to the lower bench. New parking equipment did not support the function and the equipment was subsequently removed. December 27, 2022 Mr. Mike Imhof President, Vail Valley Foundation Dear Mike: Thank you for your ongoing involvement in the Ford Park Master Plan Update. As you know, this update will guide the strategic initiatives and capital investments for Ford Park over the next 10 years. The next step is to confirm the specific physical changes/plans the Vail Valley Foundation (VVF) hopes to see for Ford Park. Plans, intentions, and visions that you do not share now may not be considered for inclusion in this Master Plan update. Please share this email with VVF staff, leadership, and the Board of Directors as you see fit to solicit input and confirm intentions. Below is a current list of ideas about potential changes we have heard that VVF hopes to make in Ford Park, along with some questions to help guide the process. Please respond to each bullet, be specific and clear, and discuss how your ideas will benefit 1) the VVF, 2) Ford Park and 3) the wider community. Also, please include anything we might have missed or do not yet know about. Please provide responses by Tuesday, January 31st. If you need more time (i.e., to get on a Board agenda), please let us know as soon as possible. 1.Plans for second-story additions on most of the existing buildings. a) What is the purpose behind each addition? b) What is the most important addition you are planning? c) What support do you have from other stakeholders in the park? d) Have you solicited input from the community? If so, how? e) Have you evaluated visual impacts of the proposed additions from outside the VVF lease area? f) Have you considered solutions outside of Ford Park? g) Do these new spaces create opportunities for multi-purpose public / park activities or programming? h) Would these expansions be feasible if vehicles were no longer permitted on Betty Ford Way? 2. Increased number, types, and sizes of performances. a) What is the driver and/or rationale behind this? b) Have you discussed this with other stakeholders, and if so, do you have their support? c) What physical enhancements are needed to accommodate desirable acts? 1. Truck entrance/Loading dock 2. Pedestrian entrances, access/egress, parking 3. Circulation d) What management/operational changes have been considered to better accommodate desirable acts? 3. Staff and contractors regularly use the parking Spaces near the Amphitheater taking up limited available ADA parking. a) How would you intend to manage staff and visitor parking given the growth that you anticipate? b) How would you be affected if Betty Ford Way became closed to unauthorized vehicular traffic? 4. Anything else we need to know? The next step may be to follow-up meeting to clarify intent and understand the details behind your responses. We are curious to hear about any alternatives that have been considered or opportunities for addressing challenges through relationship-building and in partnership with other stakeholders. After completing this step with the park stakeholders, we will begin a community engagement process where ideas can be vetted by the public. The combination of your vision, community input, and the collective goals and challenges of Ford Park will inform the framework of the final Master Plan Update, which we will continue to share as it progresses. Thank you for taking the time to complete this critical step. Please feel free to reach out with any questions or concerns. Sincerely, The Ford Park Master Plan Team January 2023 Ford Park Master Plan WRT Landscape Consultant Questions with VVF Answers 1. Plans for second-story additions on most of the existing buildings. Q. What is the purpose behind each addition? A. The primary purposes behind our next capital improvement campaign are to elevate the guest, staff, volunteer, and artist experience and materially increase the total useable square footage for storage and operational staff. The increased square footage will allow the venue to be maximized in its use during the peak summer months of operations. Q. What is the most important addition you are planning? A. It is not just one thing, but the most important aspect of this next capital campaign is increasing the useable square footage from back of house to box office to green rooms to north, south and east concessions expansions. Q. What support do you have from other stakeholders in the park? A. Town of Vail has seen our conceptual plans and they are a strong advocate for making changes to GRFA that will allow it to remain the greatest outdoor amphitheater in the Rocky Mtn West. In addition, our long- time partner, Bravo! Vail, who calls the GRFA home each summer, is a key partner and stakeholder in our proposed capital upgrades. AEG, our co-promoter on large concerts and talent buyer, are also very supportive of these upgrades to the venue. Most all of the capital improvements we plan to make will be a direct, positive benefit to Bravo! Vail as well as VVF, and TOV. Q. Have you solicited input from the community? If so, how? A. Bravo Vail and Town of Vail have been part of this design/capital improvement plan. We have not yet rolled these concepts out to the general public, but we do plan to actively market and communicate our capital improvements to our constituents in the Eagle River Valley. Q. Have you evaluated visual impacts of the proposed additions from outside the VVF lease area? A. Yes. Our architectural partner on this project, Zehren Architects, has been heavily focused on ensuring that the type and location of improvements within our venue, especially the increased square footage creates the least amount of visual impact from outside the venue but also from within. Q. Have you considered solutions outside of Ford Park? A. No. We have no intent of doing any capital improvements that would fall outside of our GRFA operating and lease footprint. Q. Do these new spaces create opportunities for multi-purpose public / park activities or programming? A. These capital improvements will allow the GRFA to maximize is use across the entire May-October season, especially during the peak month of July when multiple genres of performances can operate on an ongoing basis. Currently, based on the state of the GRFA useable space we are compromised in our ability to flip the venue in a timely and efficient manner moving from one performance to another. Q. Would these expansions be feasible if vehicles were no longer permitted on Betty Ford Way? A. No. And more importantly, if vehicles were no longer permitted on Betty Ford Way, that would significantly compromise, if not bring to a complete halt, the GRFA’s ability to operate as it does today with VVF and Bravo’s current slate of programming. Artists, vendors, and staff vehicles require access to the loading dock and box office area. 2. Increased number, types, and sizes of performances. Q. What is the driver and/or rationale behind this? A. Our goal is to provide more diverse programming at the GRFA from May to October. These improvements will allow this goal to be realized. This does not/will not change the current capacity of the GRFA per performance, which is approximately 2600 to 2800 total capacity depending on the type of performance. Q. Have you discussed this with other stakeholders, and if so, do you have their support? A. We have discussed these proposed capital improvements with TOV staff, council, VVF Board, and Bravo! Vail. Each of these groups are supportive. Q. What physical enhancements are needed to accommodate desirable acts? 1. Truck entrance/Loading dock A. Our current plans would physically change/increase in size the Box Office, Loading Dock, North, South, and East Concessions, and staff offices and artist green rooms. Q. Pedestrian entrances, access/egress, parking A. We do not believe any of proposed changes would materially alter how guests enter or leave the venue nor would there be any change to current parking. Q. Circulation? A. We may need this question of circulation to be more specific, but as outlined above, we do not see any material change to how attendees circulate into, out of, or within the venue. Q. What management/operational changes have been considered to better accommodate desirable acts? A. Better maximization of calendar/scheduling as well as extending the performance season earlier/later. Added usable space will allow for increased staffing and an improved artist experience. 3. Staff and contractors regularly use the parking Spaces near the Amphitheater taking up limited available ADA parking. Q. How would you intend to manage staff and visitor parking given the growth that you anticipate? A. We do not anticipate that additional parking in close proximity to GRFA will ever be possible, so we do not see any changes needed specific to the main parking strategy for GRFA. During performance times, we are not aware that any of our staff use ADA parking, not do we allow vendors to use ADA parking during performance hours. We do feel that the turnaround area near the GRFA’s loading dock is not large enough for larger trucks or semi-trucks to turn around. We are not sure if it is even possible to expand this area but if it were possible, we would advocate for an expanded turnaround area near the GRFA loading dock. Q. How would you be affected if Betty Ford Way became closed to unauthorized vehicular traffic? A. We would need to learn more about what possible restrictions may go into place. Obviously, should no vehicle traffic be allowed to access the venue from the upper east ford park parking lot or from the west along Betty Ford Way, that would cripple the operations of GRFA for VVF, Bravo! Vail, and our third-party rental clients. Q. Anything else we need to know? A. We expect there are many more questions you, and our partner, TOV, will have. Scheduling a meeting to openly discuss, should allow us to answer everything you need. December 27, 2022 Nicola Ripley Executive Director, Betty Ford Alpine Gardens Dear Nicola: Thank you so much for your ongoing involvement in the Ford Park Master Plan Update. As you know, this update will guide the strategic initiatives and capital investments that happen in Ford Park over the next 10 years. The next step is to confirm the specific physical changes/plans BFAG hopes to see for Ford Park. Plans, intentions, and visions that you do not share now will not be considered for inclusion in this Master Plan update. Please share this email with BFAG staff, leadership, and the Board of Directors as you see fit to solicit input and confirm intentions. Below is a current list of ideas about potential changes we have heard that BFAG hopes to make in Ford Park, along with some questions to help guide the process. Please respond to each bullet, be specific and clear, and discuss how your ideas will benefit 1) BFAG, 2) Ford Park and 3) the wider community. Also, please include anything we might have missed or do not yet know about. Please provide responses by Tuesday, January 31st. If you need more time (ie to get on a Board agenda), please let us know as soon as possible. 1. BFAG’s desire / goal of maintaining more planting areas throughout the park and establishing partnership maintenance agreements with the TOV. a) Have you identified specific areas of the park that you hope to manage? If so, please share a drawing or narrative identifying these areas. b) Do you currently have the capacity to maintain additional planting areas in Ford Park? c) What needs to happen internally at BFAG to make this happen (ie staffing, funding, space considerations, training)? d) What type of agreement would be necessary with the TOV to make this a reality? e) What ideas do you have for these “external” planting areas outside the bounds of the current lease area? How much maintenance would they require? 2. Garden perimeter fencing for special event security and closure and possible future admission fee operations. a)Is this a real consideration now or in the future? b)Do you intend to charge admission fees in the future? c)If you do intend to charge admissions in the future, what sorts of structures, and in what locations, will be required to process admission fees? 3. Propagation and seed saving facilities. a) What is the driver of this? Is a seed bank a function of the BFAG organization that is not immediately connected to the physical gardens in Ford Park? b) What is the benefit to the community? c) Have you considered spaces outside of Ford Park? If so, where? 4. 1500 s.f. office space addition to the Education Center. a) What specifically would be housed in this space? Is it in addition to the propagation and/or seed saving facility? b) What is the driver of this addition? c) Can you confirm the space requirements? d) Do you have a drawing of how this addition could work? If not, please share the details in written format. e) Who is this space for? How does it benefit the community and Ford Park? f) Is office space the best use in Ford Park? g) What alternative solutions have you considered? h) Should Ford Park be the complete home of BFAG or is Ford Park one component of the Gardens? 5. Anything else we should know? The next step may be to follow-up meeting to clarify intent and understand the details behind your responses. We are curious to hear about any alternatives that have been considered or opportunities for addressing challenges through relationship-building and in partnership with other stakeholders. After completing this step with the park stakeholders, we will begin a community engagement process where ideas can be vetted by the public. The combination of your vision, community input, and the collective goals and challenges of Ford Park will inform the framework of the final Master Plan Update, which we will continue to share as it progresses. Thank you for taking the time to complete this critical step. Please feel free to reach out with any questions or concerns. Sincerely, The Ford Park Master Plan Team December 27, 2022 Nicola Ripley Dear Nicola: Please provide responses by Tuesday, January 31st - - - - - - - - Total $340,500 Total $212,000 - - - - - - - - - - . - - - - - - - - - - - - - - December 27, 2022 Mike Ortiz Executive Director, Vail Recreation District Dear Mike: Thank you for your ongoing involvement in the Ford Park Master Plan Update. As you know, this update will guide the strategic initiatives and capital investments for Ford Park over the next 10 years. The next step is to identify the specific physical changes/plans the VRD hopes to see for Ford Park. Plans, intentions, and visions that you do not share with us now may not be considered for inclusion in this Master Plan update. Please share this email with VRD staff, leadership, and the Board of Directors as you see fit to solicit input and confirm intentions. Below is a current list of ideas about potential changes that VRD hopes to make in Ford Park, along with some questions to help guide the process. Please respond to each bullet, be specific and clear, and tell us how your ideas will benefit 1) the VRD, 2) Ford Park and 3) the wider community. Also, please share anything we might have missed or do not yet know about. Please provide responses by Tuesday, January 31st. If you need more time (ie to get on a Board agenda), please let us know as soon as possible. 1. VRD maintenance vehicles have difficulty reaching the appropriate areas a) Where are the areas that you do not have sufficient access to? b) What kind of equipment and vehicles are you trying to get on the fields/to the maintenance area? c) What would you like to see changed to help improve this? d) What other maintenance activities are you having issues with? 2. Converting Tennis to Pickleball courts a) Is the VRD considering converting existing Tennis to Pickleball or creating additional Pickleball facilities? b) If this is a consideration, what is the key driver of this effort? c) Do you have a plan and schedule in place for this change? 3. Indoor Tennis/Pickleball facility a) Does the VRD see a need for and support for an indoor facility? b) What is the key driver of this effort? c) Have you considered where this will be located? d) Are there currently any design drawings for a facility? e) How many winter parking spaces would be required for the facility? f) Have you considered options for this to be outside of Ford Park, and if so, where? 4. Relocation of administrative offices to Dobson Arena or other facilities outside of Ford Park a) Have you considered a timeline for the move? b) Are there any situations in which you would want to stay in Ford Park? c) How will the building be used after the move? d) Is the VRD open to additional non-VRD users sharing the building? 5.Consideration of a dedicated Ford Park Maintenance Staff to manage and maintain Ford Park and reduce overlap and redundancy of maintenance functions. a) What are the critical maintenance tasks your team is responsible for? b) Is your maintenance team responsible for any tasks outside of the VRD area? c) Are there tasks that you currently handle that you would want to pass off to a dedicated Ford Park Maintenance team? 6. Development of a maintenance facility at the Soccer Field Lot a) Have you developed design drawings of the facility? If so, can they be shared with us? b) What is the purpose of this facility and how is it different from other nearby VRD facilities? c) Could you envision sharing this facility with a dedicated Town of Vail Ford Park maintenance team? Could this space be shared with any other stakeholders? d) Would this facility be used for maintenance outside of Ford Park? e) What would need to be included in the maintenance facility? f) Would this facility require year-round access and parking? If so, how many spaces? g) VRD currently has a maintenance facility on Vail Valley Drive for the golf course, one at the soccer field, and one in Ford Park. Could they be combined in some way to maximize space? 7. Converting sports fields to artificial turf a) What would you lose from this change? b) Is there anything that you would gain? c) What are the future challenges you anticipate by maintaining turf as is? d) Do you currently monitor water use for the athletic fields? Can you provide records for water usage for the fields? 8. The park needs additional restrooms a) How many and where should these additional restrooms be located? 9. Anything else we should know? The next step may be to follow-up meeting to clarify intent and understand the details behind your responses. We are curious to hear about any alternatives that have been considered or opportunities for addressing challenges through relationship-building and in partnership with other stakeholders. After completing this step with the park stakeholders, we will begin a community engagement process where ideas can be vetted by the public. The combination of your vision, community input, and the collective goals and challenges of Ford Park will inform the framework of the final Master Plan Update, which we will continue to share as it progresses. Thank you for taking the time to complete this critical step. Please feel free to reach out with any questions or concerns. Sincerely, The Ford Park Master Plan Team - - 3 - - - Yes Internet and phone - - Ford Park water use (2014-2022).xlsb.csv December 27, 2022 Molly Eppard Art in Public Places Coordinator, Town of Vail Dear Molly: Thank you for your ongoing involvement in the Ford Park Master Plan Update. As you know, this update will guide the strategic initiatives and capital investments for Ford Park over the next 10 years. The next step is to confirm the specific physical changes/plans Art in Public Places hopes to see in Ford Park. Plans, intentions, and visions that you do not share now may not be considered for inclusion in this Master Plan update. Please share this email with your leadership, and the AIPP Board as you see fit to solicit input and confirm intentions. Below is a current list of ideas about potential changes we have heard that AIPP hopes to make in Ford Park, along with some questions to help guide the process. Please respond to each bullet, be specific and clear, and discuss how your ideas will benefit 1) AIPP, 2) Ford Park and 3) the wider community. Also, please include anything we might have missed or do not yet know about. Please provide responses by Tuesday, January 31st. If you need more time (ie to get on a Board agenda), please let us know as soon as possible. 1. Additional public art within Ford Park. a) Are there current plans for additional art to be installed? b) How should the project team consider the potential for additional art in spaces that may be redesigned through the master plan process? c) How does public art in Ford Park continue to be present and evolve over the next 10 years? 2.Plans for a new studio space and an artist residency in Ford Park. a) Can you describe the rationale for the change in the direction from renovating the existing art shack to constructing a new building in its place? Can you provide documents that support this change? b) How would this new structure contribute to Ford Park and the Vail community? c) Can you describe the public-facing components of the facility? How will pedestrian access to Gore Creek and along Betty Ford Way be maintained? d) Do you anticipate this facility will create demand for additional parking? e) Are there any new infrastructure or utility upgrades required for this facility? f) What support have you received from other stakeholders in the park? g) Could this facility be combined with other park functions or is the intent that it remains separate? h) Can you confirm that the Gore Creek conservation zone will not be impacted by the new structure and its activities? Are there current architectural and site plan you can share? 3. Anything else we should know? The next step may be to follow-up meeting to clarify intent and understand the details behind your responses. We are curious to hear about any alternatives that have been considered or opportunities for addressing challenges through relationship-building and in partnership with other stakeholders. After completing this step with the park stakeholders, we will begin a community engagement process where ideas can be vetted by the public. The combination of your vision, community input, and the collective goals and challenges of Ford Park will inform the framework of the final Master Plan Update, which we will continue to share as it progresses. Thank you for taking the time to complete this critical step. Please feel free to reach out with any questions or concerns. Sincerely, The Ford Park Master Plan Team of AIPP were an AIPP to s sú ’ Granite Amphitheater area of the park hosted -on- Branching Pattern the Ptarmigans Seat Rock ) The Singing Trees a For was a - and Patrick Dougherty’s Stickwork open turf area of the work traveled from across the country to participate in Dougherty’s Stickwork fr AIPP th s supports the 1. a) Yes. AIPP is installing a donated sculpture, Male Baseball #1 by Yoram Wolberger, at the eastern edge sidewalk entrance to the playing fields. AIPP presented this opportunity and location to the VRD in August 2022. It was met with approval from Mike Ortiz on behalf of VRD and we are planning the installation May 2023. This summer we are also sponsoring a temporary display of sculpture within the tented courtyard of the amphitheater. This collaboration with the Vail Valley Foundation is scheduled to take place in July. Clarification: e AIPP does not have plans to change existing art within Ford Park and expects the Jesús Moroles Granite Amphitheater installation to remain unaltered. There is interest in incorporating art within the surrounding areas of the Artist in Residency Studio, as well as other opportunities for temporary and environmental installations. The Artist in Residency studio will evolve to be the cornerstone of the AIPP program with potential to expand the existing collection. AIPP would be interested to include art or artist components with other future Ford Park improvement projects such as the Nature Center, Tennis Center, and other potential opportunities. As outlined as a Future Improvement in the 2013 Ford Park Master Plan: Additional art installations within the Gore Creek Corridor. Upgrade to Betty Ford Way: decorative pavers, seating areas, lighting and other streetscape improvements. AIPP is in the process of a thorough Strategic Plan update. With our consulting team, the AIPP Board has identified the importance of continuing to engage the community with meaningful and memorable public art experiences. With the inclusion of the Artist in Residency Studio, public art will continue to have a presence and thrive in Ford Park. I will share the Strategic Plan as it is approved and adopted. 2. a) The existing structure was not evaluated by a structural engineer until 2019. Working with Harry Teague Architects, who has vast experience and expertise in designing artist studios, cultural and civic centers, and older structures, these findings and report were presented to the Town Council. The following recommendation was ultimately met with unanimous support from Council to pursue further design development of a new structure. May 4, 2021 – Town Council directs AIPP to pursue design development as recommended by staff after review of post-structural evaluation with Harry Teague Architects: “Given the expense of working within and modifying an imperfect existing structure, with pretty much no useful components, it makes by far the most sense from an economic standpoint to build a new structure from scratch. In addition, a new somewhat larger building could be designed within the site parameters and accommodate the anticipated arts uses.” *Council Memo, presentation, and evaluations from Harry Teague Architects attached. As presented to the Town Council, Vail lacks a dedicated visual arts space. Upon research of various arts campuses, studios, programs, and residencies in other mountain communities it became a glaring lapse that Vail does not have a dedicated visual arts space. Aspen – -n-- – -shop--to- - With the process of the AIPP Strategic Plan, the Board has outlined a program that will engage the community and artists alike. We are striving to provide a unique experience to ensure Vail stands out from other arts programs in mountain communities. We believe that with the development of this program the Artist in Residency will become the cornerstone of AIPP programming. - The artist studio entrance will be ADA accessible and facing existing public walkways. There will also be a large garage or sliding door facing north to allow for larger works of art to be brought in and out of the studio with ease. There are no plans to create any access to Gore Creek. There is an existing footpath to the creek just north of the Manor Vail Bridge, but AIPP does not plan to maintain that path nor encourage other access to the creek other than viewing it from the existing studio area. d) We anticipate any loading and unloading to occur at the existing pull-off areas by the Betty Ford Alpine Garden Education Center. For any community activation we would direct people to park in the Ford Park parking lot or the Vail Village Parking Structure. The artist may park in Ford Park parking lot while working. We are also exploring the use of an e-bicycle for the artist while in residency. e) Yes. Utility tie into water/sewer mains in place, as well as an upgrade of electric. f) The proposed Artist in Residency Studio has been on the public and stakeholders’ radar for over two decades. The possibility of an Artist in Residency at the “art shack” was examined by the AIPP Board back in the early 2000’s. In 2003, the PEC granted a conditional use permit for the uses outlined by AIPP for this proposed program. In 2008, exterior renovations were approved by the DRB. Also in 2008, the approved Manor Vail development included a contribution of $50,000 towards developing an artist in residency studio at this Ford Park site. This mitigation was finalized in 2009. In 2016, the contribution was received from East West Partners (Manor Vail) to examine the possibilities of creating an arts studio. Below is a timeline for the design process of the Artist in Residency Studio. Over the past several years this project has been discussed with other stakeholders of the park and met with support. The most overwhelming support has been to upgrade the space by removing the deteriorating existing structure. It has often been referred to as an “eyesore” in these discussions. There is excitement about having a studio designed by Harry Teague who is a renowned and respected architect. January 2009 – As a part of their approval for the redevelopment of Manor Vail, East West Partners committed $50,000 to be allocated towards a proposed artist in residency studio located in the small cabin across the bridge from Manor Vail and referred to as the “art shack”. November 2013 - Ford Park Master Plan adopted: “The Creekside area is a narrow strip of land south of Betty Ford Way and north of Gore Creek. A few small structures (i.e. the “art shack”, an open-air picnic shelter) are located in this area. Art in Public Places (AIPP) may pursue remodeling or enhancing the art shack at some point in the future. AIPP had placed permanent art installations in this area and also runs summer art programs in this part of the Park. Art programs may include activities such as interactive events, educational and participatory activities, and temporary art installations. The passive use and the limited number of permanent improvements within this area make it an excellent transition to the more natural, undisturbed Gore Creek Preservation Sub-area.” December 2016 – Per the Manor Vail redevelopment agreement, the Town received $50,000 from East West Partners to explore the benefits of a dedicated visual arts space, investigate the possibility of renovating the existing cabin and pursue design development of an artist in residency studio. December 17, 2019 – The Town Council was updated on the findings, report and structural engineering evaluation by Harry Teague Architects. May 4, 2021 – Town Council directs AIPP to pursue design development as recommended by staff after review of post structural evaluation with Harry Teague Architects: “Given the expense of working within and modifying an imperfect existing structure, with pretty much no useful components, it makes by far the most sense from an economic standpoint to build a new structure from scratch. In addition, a new somewhat larger building could be designed within the site parameters and accommodate the anticipated arts uses.” October 2021 - $850,000 ($600,000 from RETT & $250,000 from AIPP) was allocated and approved in the 2022 budget by the Town Council for the construction of the artist studio space. February 15, 2022 – The Town Council was updated on the design and program development of the artist in residency studio project. October 3, 2022 – AIPP Board approves Artist in Residency Studio design as presented by Harry Teague Architects at monthly AIPP meeting. January 3, 2023 – Presentation of the proposed art studio space design as approved by AIPP Board for the purposes of a year-round multi-disciplinary Artist in Residency Studio by principal architect Harry Teague of Harry Teague Architects, Basalt, CO. Town Council unanimously approves Town Staff and AIPP Board to pursue the Town approval process for the construction of the Artist in Residency Studio. Clarification: As an artist studio has unique needs, it is the intent that this facility remains separate. There may be collaborative opportunities with artist activations and other stakeholders, but not for activities outside of the arts. h) s Clarification: The Artist Studio and activities will remain within the designated Creekside location of identified in the greater Commons area of the 2013 Ford Park Master Plan. The new structure and activities will not encroach on the Gore Creek Preservation Subarea. The program’s focus is to provide a multi-disciplinary working artist studio. AIPP will collaborate with other Town owned facilities/assets, as well as Ford Park stakeholders for hosting larger gatherings around the art programs if necessary. Preliminary design plans attached. We look forward to further discussing AIPP’s participation in the Ford Park Master Plan Process and to December 27, 2022 Caitlin Murray Executive Director, Bravo! Vail Dear Caitlin: Thank you for your ongoing involvement in the Ford Park Master Plan Update. As you know, this update will guide the strategic initiatives and capital investments for Ford Park over the next 10 years. The next step is to confirm the specific physical changes/plans that Bravo! hopes to see in Ford Park. Plans, intentions, and visions that you do not share now may not be considered for inclusion in this Master Plan update. Please share this email with Bravo! Vail staff, leadership, and the Board of Directors as you see fit to solicit input and confirm intentions. Below is a current list of ideas about potential changes we have heard that Bravo! hopes to make in Ford Park, along with some questions to help guide the process. Please respond to each bullet, be specific and clear, and discuss how your ideas will benefit 1) Bravo! Vail, 2) Ford Park and 3) the wider community. Also, please include anything we might have missed or do not yet know about. Please provide responses by Tuesday, January 31st. If you need more time (i.e., to get on a Board agenda), please let us know as soon as possible. 1.Contributing to the Vail Valley Foundation (VVF) capital campaign to have a more permanent stake in the Gerald R. Ford Amphitheater. a) Are there any operational or physical changes to Ford Park that would be result of a more permanent relationship between Bravo! Vail and the Vail Valley Foundation? 2. Stronger partnership with the TOV. a) Please describe what this stronger partnership would look like. 3.Longer Bravo! Vail season. a) What is the driver of this? b) How do you see the season expanding? What types of performances? When? 4. Development of concerts outside of Ford Park. a) Does this require any physical changes to Ford Park to make this happen? 5. Mobile concerts around Ford Park. a) Are you hoping that this becomes a more permanent part of your repertoire? b) What would inhibit you from doing this going forward? c) What sorts of physical changes to Ford Park would be required to make this happen? 6. Anything else we need to know? The next step may be to follow-up meeting to clarify intent and understand the details behind your responses. We are curious to hear about any alternatives that have been considered or opportunities for addressing challenges through relationship-building and in partnership with other stakeholders. After completing this step with the park stakeholders, we will begin a community engagement process where ideas can be vetted by the public. The combination of your vision, community input, and the collective goals and challenges of Ford Park will inform the framework of the final Master Plan Update, which we will continue to share as it progresses. Thank you for taking the time to complete this critical step. Please feel free to reach out with any questions or concerns. Sincerely, The Ford Park Master Plan Team - - - - - - - - - December 27, 2022 Mia Vlaar Economic Development Director, Town of Vail Dear Mia, Thank you for your ongoing involvement in the Ford Park Master Plan Update. As you know, this update will guide the strategic initiatives and capital investments for Ford Park over the next 10 years. The next step is to confirm the specific physical changes/plans the Special Events Department hopes to see in Ford Park. Plans, intentions, and visions that you do not share now will not be considered for inclusion in this Master Plan update. Please share this email with Special Events staff and leadership as you see fit to solicit input and confirm intentions. Below is a current list of ideas about potential changes we have heard that Special Events hopes to make in Ford Park, along with some questions to help guide the process. Please respond to each bullet, be specific and clear, and discuss how your ideas will benefit 1) Special Events, 2) Ford Park and 3) the wider community. Also, please include anything we might have missed or do not yet know about. Please provide responses by Tuesday, January 31st. If you need more time (i.e., to get on a Board agenda), please let us know as soon as possible. 1. Desire for more and bigger events in Ford Park. a) What types of events would you like to see utilize Ford Park as a venue? b) What is the primary driver for this? c) Why is Ford Park appropriate for these events? d) Is Ford Park the only viable location for these events? e) What are the consequences if you cannot host these events in Ford Park? 2. Increased interest and desire to host winter programming to produce revenue. a) What management decisions and physical modifications do you feel need to be made to increase or accommodate more winter programming? b) What specific winter programming are you interested in hosting? c) Have you considered other venues in Vail to accommodate these events? 3.Expanded winter programming by Vail Nature Center, Alpine Gardens and Vail Rec. a) How should park maintenance and parking management respond to this growth? 4. Coordinate the Ford Park Master Plan with the Vail Destination Stewardship Plan. a) How can the Ford Park Master Plan position the park to be a home for year-round residents as well as attract new types of sustainably minded visitors? b) How can Ford Park contribute to healthy outdoor lifestyles and experiences for locals and sustainably minded visitors? c) How can the Ford Park Master Plan align with or showcase the positive impacts of Vail’s climate initiatives? d) Do you have events in mind that will attract sustainably minded visitors and how can Ford Park be a venue for those events? e) Are there other specific policies, physical modifications or operational objectives that the Ford Park Master Plan should call attention to in order to better align with the intentions of the DSP? 5. Anything else you need us to know? The next step may be to follow-up meeting to clarify intent and understand the details behind your responses. We are curious to hear about any alternatives that have been considered or opportunities for addressing challenges through relationship-building and in partnership with other stakeholders. After completing this step with the park stakeholders, we will begin a community engagement process where ideas can be vetted by the public. The combination of your vision, community input, and the collective goals and challenges of Ford Park will inform the framework of the final Master Plan Update, which we will continue to share as it progresses. Thank you for taking the time to complete this critical step. Please feel free to reach out with any questions or concerns. Sincerely, The Ford Park Master Plan Team - - - - Desire for more and bigger events in Ford Park. - - - - - - - - - December 27, 2022 Kristen Bertuglia Environmental Sustainability Director, Town of Vail Dear Kristen: Thank you for your ongoing involvement in the Ford Park Master Plan Update. As you know, this update will guide the strategic initiatives and capital investments for Ford Park over the next 10 years. The next step is to confirm the specific physical changes/plans the Environmental Sustainability Department hopes to see for Ford Park. Plans, intentions, and visions that you do not share now will not be considered for inclusion in this Master Plan update. Please share this email with Environmental Sustainability Department staff and leadership as you see fit to solicit input and confirm intentions. Below is a current list of ideas about potential changes we have heard that the Environmental Sustainability Department hopes to make in Ford Park, along with some questions to help guide the process. Please respond to each bullet, be specific and clear, and discuss how your ideas will benefit 1) Environmental Sustainability Department, 2) Ford Park and 3) the wider community. Also, please include anything we might have missed or do not yet know about. Please provide responses by Tuesday, January 31st. If you need more time (i.e., to get on a Board agenda), please let us know as soon as possible. 1. Enhance zones of the Gore Creek Riparian Areas and add appropriate access points. a) What enhancements should be considered in the riparian areas of Ford Park? b) What additional stream walk enhancements are needed? c) Do you think the stream walk should accommodate year-round use (and therefore maintenance)? d) Are there access and safety improvements envisioned for the stream walk or in other areas that should be considered by this plan? e) What other considerations should the Master Plan Update address regarding water quality, wildlife protection, or habitat enhancement? 2. Preservation of the Nature Center grounds as a preserve. a) Does your team support the improvements to the Nature Center facility as outlined in the conceptual study by Hopkins Architecture? Why or why not? b) What are the critical upgrades that would be necessary for the Nature Center and its grounds? For example: 1. Addressing ADA requirements 2. Utility service upgrades, including restrooms 3. Fire department access 4. Can you describe your vision for the Nature Center over the next ten years? 3. Maintenance and management of the Nature Center. a) Should the VNC be removed from the Gore Creek Preservation Sub-Area and established as a separate Sub-Area within Ford Park to allow for enhanced operations and maintenance? b) How do you currently maintain exterior spaces, landscape and structures of the Nature Center? c) Is there a more appropriate team to handle these maintenance tasks? d) What do you see as the critical management needs for the Nature Center? 4.The 2013 Ford Park Master Plan includes the Nature Center within the Gore Creek Preservation Sub-area. Following are some of the restrictions listed. No new buildings are to be constructed in this sub-area. Designated as an area to preserve the Gore Valley’s Natural History. Improvements limited to low impact facilities. No utility improvements are to be located within the sub-area. How do these restrictions benefit or limit management and improvements to the Nature Center? a) Would you support the creation of a new and separate sub-area for the 7-acre Nature Center area within this master plan update? 5. Anything else we should know? The next step may be to follow-up meeting to clarify intent and understand the details behind your responses. We are curious to hear about any alternatives that have been considered or opportunities for addressing challenges through relationship-building and in partnership with other stakeholders. After completing this step with the park stakeholders, we will begin a community engagement process where ideas can be vetted by the public. The combination of your vision, community input, and the collective goals and challenges of Ford Park will inform the framework of the final Master Plan Update, which we will continue to share as it progresses. Thank you for taking the time to complete this critical step. Please feel free to reach out with any questions or concerns. Sincerely, The Ford Park Master Plan Team - - - - - - - - - - December 27, 2022 Stephanie Kashiwa Parking Supervisor, Town of Vail Dear Stephanie: Thank you for your ongoing involvement in the Ford Park Master Plan Update. As you know, this update will guide the strategic initiatives and capital investments for Ford Park over the next 10 years. The next step is to confirm the specific physical changes/plans the Parking Operations team hopes to see in Ford Park. Plans, intentions, and visions that you do not share now may not be considered for inclusion in this Master Plan update. Please share this email with staff and leadership as you see fit to solicit input and confirm intentions. Below is a current list of ideas about potential changes we have heard that Parking Operations hopes to make in Ford Park, along with some questions to help guide the process. Please respond to each bullet, be specific and clear, and discuss how your ideas will benefit 1) the Parking Team, 2) Ford Park and 3) the wider community. Also, please include anything we might have missed or do not yet know about. Please provide responses by Tuesday, January 31 st. If you need more time (i.e. to get on a Board agenda), please let us know as soon as possible. 1. Parking lot management and operational opportunities with new equipment installation for year- round visitation and special events. a) Can you describe any intended equipment upgrades or overall parking management changes in consideration? b) How well are existing parking facilities at Ford Park supporting park visitation? Winter and Summer? c) Do you see the dedicated special event transit operations to Ford expanding to include non- special event days? Are there any physical changes needed at the park to make this happen? d) Issues with the existing parking lot access from the Frontage Road have been identified. What do you feel are some options for correcting the situation? 2. Soccer Field parking lot operations and configuration a) Does your team see a need to reconfigure the Soccer Field lot? b) Do you foresee necessary seasonal or operational changes to this lot? c) How would a maintenance facility located adjacent to the soccer field lot impact the parking operations? 3. There is regularly illegal and unapproved parking in the ADA Spaces near the Amphitheater. a) How would you intend to manage ADA access at Ford Park going forward if those spaces are no longer provided or if Betty Ford Way becomes closed to vehicular traffic? b) What kinds of physical changes to Ford Park would be needed to address this parking issue? 4. Expanded winter programming in Ford Park is under consideration. a) Can you describe your current plans (perhaps already in place) for increasing winter utilization of the Ford Park parking lot? b) Do you have any bigger ideas about increasing winter parking operations (i.e. underground parking or covering the fields in the winter to accommodate more parking)? c) What are the seasonal operational shifts you see in parking management for Ford Park or Vail more broadly? 5. Anything else we need to know? The next step may be to follow-up meeting to clarify intent and understand the details behind your responses. We are curious to hear about any alternatives that have been considered or opportunities for addressing challenges through relationship-building and in partnership with other stakeholders. After completing this step with the park stakeholders, we will begin a community engagement process where ideas can be vetted by the public. The combination of your vision, community input, and the collective goals and challenges of Ford Park will inform the framework of the final Master Plan Update, which we will continue to share as it progresses. Thank you for taking the time to complete this critical step. Please feel free to reach out with any questions or concerns. Sincerely, The Ford Park Master Plan Team - - December 27, 2022 Charlie Turnbull Streets Superintendent, Town of Vail Dear Charlie, Thank you for your ongoing involvement in the Ford Park Master Plan Update. As you know, this update will guide the strategic initiatives and capital investments for Ford Park over the next 10 years. The next step is to confirm the specific physical changes/plans the Maintenance Team hopes to see for Ford Park. Plans, intentions, and visions that you do not share now may not be considered for inclusion in this Master Plan update. Please share this email with Maintenance staff, and leadership as you see fit to solicit input and confirm intentions. Below is a current list of ideas about potential changes we have heard that the Maintenance Team hopes to make in Ford Park, along with some questions to help guide the process. Please respond to each bullet, be specific and clear, and discuss how your ideas will benefit 1) the Maintenance Team, 2) Ford Park and 3) the wider community. Also, please include anything we might have missed or do not yet know about. Please provide responses by Tuesday, January 31st. If you need more time (ie to get on a Board agenda), please let us know as soon as possible. 1.Identification of under-maintained areas of Ford Park and design of appropriate landscape solutions to improve appearance. a) What opportunities exist for landscape improvements and beautification within Ford Park that your team believes are important? b) Are you currently able to, or do you plan to, address under-maintained areas in Ford Park with adequate maintenance and improved appearances? c) Do you have the necessary equipment, and is it logistically feasible for you to be tasked with wider park beautification tasks going forward? d) Would you be open to working with the Betty Ford Alpine Gardens to expand gardens and maintenance into undermaintained areas of the park? 2.Consideration of a dedicated Ford Park Maintenance Staff to manage and maintain Ford Park and reduce overlap and redundancy of maintenance functions. a) What are the critical maintenance tasks your team is responsible for? Mowing, plowing, restrooms, garbage – what else? b) How big would a dedicated team need to be? c) Do you feel like the existing maintenance staff has the expertise to maintain the Park at a high level? d) What areas of the park would a dedicated maintenance team be responsible for maintaining? Would it include areas currently maintained by the VRD, BFAG or VVF? e) Is there an adequate existing facility for this team to operate out of, and store materials and equipment? If not, where ideally should it be and how big does it need to be? f) Would a partnership arrangement with the Betty Ford Alpine Gardens benefit your team’s capabilities – for example, if you no longer had to maintain Ford Park’s planting areas and flowerpots, but could instead focus on your core responsibilities? 3.Enhance zones of the Gore Creek Riparian Area and add appropriate access points. a) Do you feel like your existing team (or a future Ford Park dedicated team) is the appropriate group to manage pedestrian access along the banks of Gore Creek? b) If so, do you see specific areas along the creek in need of attention or enhancement or improved access? c) If not, who should be responsible for maintaining the creek corridor (planting, paths, access points, etc.)? 4. Anything else we should know? The next step may be to follow-up meeting to clarify intent and understand the details behind your responses. We are curious to hear about any alternatives that have been considered or opportunities for addressing challenges through relationship-building and in partnership with other stakeholders. After completing this step with the park stakeholders, we will begin a community engagement process where ideas can be vetted by the public. The combination of your vision, community input, and the collective goals and challenges of Ford Park will inform the framework of the final Master Plan Update, which we will continue to share as it progresses. Thank you for taking the time to complete this critical step. Please feel free to reach out with any questions or concerns. Sincerely, The Ford Park Master Plan Team - - Yes - - d) e) - - f) - Yes - 1 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\VVF LEASE AMEND-A021116.DOCX AMENDMENT TO LEASE This AMENDMENT TO LEASE (the "Amendment") is made and entered into on the ______ day of __________, 2016 (the "Effective Date"), by and between the TOWN OF VAIL, a Colorado home rule municipality (the "Town"), and the VAIL VALLEY FOUNDATION (the "Foundation"), a Colorado nonprofit corporation (each individually a "Party" and collectively the "Parties"). WHEREAS, on August 18, 2000, the Town and the Foundation entered into a lease (the "Lease") for certain areas within Ford Park (the "Leased Premises"); WHEREAS, on July 1, 2007, the Lease term was extended to May 31, 2038; WHEREAS, significant capital improvements were added to the Leased Premises in 2014; WHEREAS, certain adjustments and corrections need to be made to the boundaries of the Leased Premises; and WHEREAS, the Parties desire to amend the Lease pursuant to Section 21 of the Lease. NOW THEREFORE, in consideration of the mutual promises contained herein, the adequacy of which is hereby recognized, the Parties agree as follows: 1. Exhibit A-1, attached hereto and incorporated herein by this reference, shall replace the Exhibit A originally attached to the Lease. 2. Section 19 of the Lease is deleted in its entirety and replaced with the following new Section 19: 19. General Maintenance. The Town and the Foundation shall be responsible for general maintenance of Ford Park as set forth in Exhibit B-1, attached hereto and incorporated herein by this reference. General maintenance shall include without limitation the following: A) Interior Maintenance: i. Ensuring all lights and doors are operating properly and repairing the same in a prompt manner, including replacing all light bulbs. ii. Replacing batteries in all smoke, fire and CO detectors, as needed, but at a minimum on a yearly basis. iii. Painting the interior of the building as needed, ensuring that any scratches or dents in the paint or walls are properly repaired. 2 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\VVF LEASE AMEND-A021116.DOCX iv. Repairing and maintaining floors and shampooing any carpets as needed and repairing and cleaning any marks in a prompt manner. v. Ensuring that all bathroom facilities are operating properly and repairing the same in a prompt manner. vi. Providing janitorial service for regular and consistent cleaning of the facility; including daily or hourly services as needed. vii. If public restrooms are a service being provided, ensuring the restrooms are properly stocked with the necessary supplies. viii. Ensuring proper and regular trash disposal within the facility and trash removal from the facility. B) Exterior Maintenance: i. Regularly maintaining and planting shrubs and perennial and annual flowers to prevent an unkempt appearance created by overgrown plant growth or invasive weeds, including general trimming of shrubs and ground cover to maintain a natural, characteristic shape. ii. Mowing grass regularly and at a frequency as to not remove more than 1/3 length of grass blades. iii. Maintaining lawn grass at 2" in height or less, other than native grasses, which shall not exceed 36" in height. iv. Watering and fertilizing lawns and garden areas appropriately to prevent browning of grass and plants. v. Keeping lawns and garden areas neat and free of weeds. vi. Removing grass clippings from streets and sidewalks after mowing. vii. Edging grass periodically, and at least monthly during the growing season, to maintain a clean, trimmed edge. viii. Pruning trees to remove dead limbs and suckers, to maintain the general natural shape characteristic of the species, and to remove limbs that endanger property (i.e. fences, buildings). ix. Trimming tree branches over sidewalks to at least 10' in height. x. Replacing and repairing turf as needed. 3 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\VVF LEASE AMEND-A021116.DOCX xi. Clearing sidewalks of debris and snow within each Leased Premises as set forth in Exhibit A-1 as necessary. xii. Maintaining irrigation systems year round, including winterization and blowing out of systems prior to freezing temperatures. xiii. Washing exterior surfaces as required. xiv. Repairing and repainting exterior painted surfaces as needed, ensuring that any scratches or dents in the paint or walls are properly repaired. xv. Maintaining and inspecting fences and gates regularly and ensuring fences and gates are closed. xvi. Performing litter patrol on a daily basis. xvii. Using best management practices to ensure that all exterior maintenance activities have a minimal impact on the Gore Creek ecosystem. C) Areas of Joint Responsibility. At the time of execution of this Amendment, the Town leases other portions of Ford Park to third parties, Vail Recreation District and Betty Ford Alpine Gardens. The Foundation shall share in the responsibility for maintaining the following area in accordance with this Amendment with those third parties: the Trash Building, as shown on Exhibit A-1. 3. A new Section 28 is added to the Lease, to read as follows: 28. Capital Maintenance Responsibilities. The Town and the Lessee Parties shall be responsible for capital maintenance of Ford Park as set forth in Exhibit B- 1. Capital maintenance is performed to extend the useful life of assets or replace assets, at intervals other than annually, and is of a significant value, including without limitation the following: A) Interior Capital Maintenance: system and system component and equipment replacements including mechanical, electrical, lighting, security and elevators; flooring replacement; replacement of structural components; and remodels of bathrooms, kitchens and locker rooms. B) Exterior Capital Maintenance: roof replacement; window replacement; and replacement of walkways, bridges and parking lots. 4. A new Section 29 is added to the Lease, to read as follows: 29. Conditional Use Permits and Rules. The Foundation's use of the Leased Premises shall comply with the terms of any conditional use permit ("CUP") 4 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\VVF LEASE AMEND-A021116.DOCX approved by the Town for the Leased Premises, as well as any rules adopted by the Town governing the use of the Leased Premises and the Vail Town Code. If there is a conflict between a CUP and this Lease, the CUP shall control. 5. If there is a conflict between the Lease and this Amendment, this Amendment shall control. 6. All provisions of the Lease not expressly amended in this Amendment shall remain in full force and effect. IN WITNESS WHEREOF, the Town and the Foundation have executed this Amendment as of the date first set forth above. TOWN OF VAIL: ________________________________ Stan Zemler, Town Manager ATTEST: _____________________________ Patty McKenny, Town Clerk VAIL VALLEY FOUNDATION ________________________________ Title: ___________________________ 1 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\ALPINE GARDEN LEASE-A010516.DOCX BETTY FORD ALPINE GARDENS LEASE THIS BETTY FORD ALPINE GARDENS LEASE (the "Lease") is made and entered into as of the ____ day of ________, 2016 (the "Effective Date"), by and between the TOWN OF VAIL, a Colorado home rule municipality (the “Town”), and the BETTY FORD ALPINE GARDENS, a Colorado nonprofit corporation ("Alpine Gardens") (each individually a "Party" and collectively the "Parties"). WHEREAS, on May 22, 1997, the Town and the Vail Alpine Garden Foundation originally entered into to lease for the alpine garden located within Ford Park and the Town granted the Vail Alpine Garden Foundation a license for the alpine garden display within the Gerald R. Ford Amphitheater; WHEREAS, since that time, the Vail Alpine Garden Foundation changed its name to Betty Ford Alpine Gardens; WHEREAS, the term of the original lease extends to May 30, 2046; WHEREAS, to reflect the changes in the boundaries of the Leased Premises, as well as the change in name of Alpine Gardens and the construction of the Betty Ford Alpine Gardens Education Center, the Parties wish to terminate the prior lease and enter into a new lease; and WHEREAS, the Parties agree to work together and to cooperate in a reasonable manner to effectuate the terms of this Lease. NOW THEREFORE, in consideration of the mutual promises contained herein, the adequacy of which is hereby recognized, the Parties agree as follows: 1. Termination of Prior Lease. The lease and license between the Town and the Vail Alpine Garden Foundation dated May 22, 1997 is hereby terminated and replaced with this Lease. 2. Leased Premises. Pursuant to the provisions of this Lease, the Town hereby leases to Alpine Gardens the real property and any improvements designated as leased to Alpine Gardens on Exhibit A-1, attached hereto and incorporated herein by this reference. 3. Licensed Premises. The Town hereby grants to Alpine Gardens a non-exclusive license for the sole purpose of using the three southern bays of the West Maintenance Building for operations of Alpine Gardens. 4. Term. a. Unless sooner terminated as provided herein, the term of this Lease shall be 31 years from the Effective Date. 2 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\ALPINE GARDEN LEASE-A010516.DOCX b. Upon expiration or termination of this Lease, Alpine Gardens' right to use the Leased Premises and the Licensed Premises and all improvements thereon shall cease. 5. Breach. a. If Alpine Gardens fails to perform any of its obligations under this Lease, the Town shall provide Alpine Gardens with written notice of the breach. Alpine Gardens shall have 15 days after the date of the notice to cure the breach. If a longer period is reasonably required to cure the breach and the cure is promptly begun, such cure period shall be extended for as long as the cure is being diligently undertaken to completion, as determined by the Town. b. If Alpine Gardens fails to cure the breach within 15 days after the date of the notice and a cure is not diligently being undertaken, the Town may, in its sole discretion, cure the breach without additional notice to Alpine Gardens. If the Town chooses to cure the breach, Alpine Gardens shall be liable for the costs and fees that the Town expends to cure the breach, including any costs resulting from the work of Town employees. Alpine Gardens' liability for costs and fees associated with curing a breach shall survive the termination of this Lease. c. In addition to curing a breach by Alpine Gardens, the Town may, in its sole discretion, terminate this Lease as a result of Alpine Gardens’ failure to cure the breach. If the Town chooses to terminate this Lease under this subsection, it shall give Alpine Gardens 30 days written notice. 6. Net Lease. This Lease shall be a net lease, and throughout the Term, all payments and other obligations or liabilities of any kind regarding the Leased Premises or the Licensed Premises shall be solely the responsibility of Alpine Gardens and not the responsibility of the Town. 7. Utilities. During the term of this Lease, Alpine Gardens shall be solely responsible for payment of all utilities related to its use of the Leased Premises and the Licensed Premises. Notwithstanding the foregoing, the Town shall be responsible for the cost of providing water to the plantings on the Leased Premises, but not the cost of water to the Alpine Gardens Education Center, as long as the water usage for the plantings is consistent with historical use. 8. General Maintenance. Alpine Gardens shall be responsible for all maintenance of the Leased and Licensed Premises, including without limitation the following: a. Interior Maintenance. i. Ensuring all lights and doors are operating properly and repairing the same in a prompt manner, including replacing all light bulbs. 3 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\ALPINE GARDEN LEASE-A010516.DOCX ii. Replacing batteries in all smoke, fire and CO detectors, as needed, but at a minimum on a yearly basis. iii. Painting or staining the interior elements of the building as needed. iv. On a semi-annual basis, at a minimum, ensuring that any scratches or dents in the paint or walls are properly repaired. v. Repairing and maintaining floors and shampooing any carpets as needed and at a minimum on an annual basis and repairing and cleaning any marks in a prompt manner. vi. Ensuring all bathroom facilities are operating properly and repairing the same in a prompt manner. vii. Providing janitorial service for regular and consistent cleaning of the facility; including daily or hourly services as needed. viii. If public restrooms are provided, ensuring that the restrooms are properly stocked with the necessary supplies. ix. Ensuring proper and regular trash disposal within the facility and trash removal from the facility. b. Exterior Maintenance. i. Maintaining plantings, irrigation systems, water features, interpretive elements, structures and other improvements to a level of quality consistent with that of an internationally recognized botanical garden in a resort community. ii. Cleaning exterior surfaces as needed, but at a minimum on a annual basis. iii. Painting or staining the exterior of buildings as needed. iv. On a semi-annual basis, at a minimum, ensuring that any scratches or dents in the walls are properly repaired. v. Maintaining and inspecting fences and gates regularly and ensuring fences and gates are closed. vi. Performing litter patrol on a daily basis. vii. Using best management practices to ensure that all exterior maintenance activities have a minimal impact on the Gore Creek ecosystem. c. Areas of Joint Responsibility. Alpine Gardens acknowledges that the Town leases other portions of Ford Park to third parties (the Vail Valley Foundation and the Vail 4 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\ALPINE GARDEN LEASE-A010516.DOCX Recreation District). Alpine Gardens shall share with those third parties the responsibility for maintaining the following areas: the Trash Building, and the West Restrooms/Maintenance Building all as shown on Exhibit A-1. Alpine Gardens shall share with the Town the responsibility for maintaining the School House, as shown on Exhibit A-1. d. Maintenance Log. Alpine Gardens shall maintain a log of capital maintenance activities which satisfy its obligations under this Lease. e. Annual Review. On an annual basis, the Town will meet with Alpine Gardens to discuss the maintenance and operation of the Leased Premises, compliance with this Agreement, any potential capital expenditures and projects and any other matters concerning Ford Park. 9. Capital Maintenance. The Town and Alpine Gardens shall be responsible for capital maintenance as set forth in Exhibit B-1. Capital maintenance is performed to extend the useful life of assets or replace assets, at intervals other than annually, and is of a significant value, including without limitation the following: a. Interior Capital Maintenance: system and system component and equipment replacements including mechanical, electrical, lighting, security and elevators; flooring replacement; replacement of structural components; and remodels of bathrooms, kitchens and locker rooms. b. Exterior Capital Maintenance: roof replacement; window replacement; and replacement of walkways, bridges and parking lots. 10. Payment of Taxes and Fees. During the term of this Lease, Alpine Gardens shall promptly pay all taxes, assessments, water and sewer rates and charges, charges and fees for public utilities, licenses and permit fees, and other government charges that may be assessed on the Leased Premises or the Licensed Premises during the term of this Lease. Alpine Gardens shall pay all such taxes and fees prior to the assessment of any fine, penalty, interest or cost that may be added, become due, or be imposed for nonpayment. 11. No Lien. Alpine Gardens agrees that it will not permit or suffer to be filed or claimed against the interest of the Town in the Leased Premises or the Licensed Premises any lien or claim of any kind during the terms of this Lease; if such lien or claim is filed, Alpine Gardens, within 30 days after receipt of notice of such lien or claim, shall cause the lien to be released. 12. Use of Premises. a. Alpine Gardens shall use the Leased Premises or the Licensed Premises for construction, maintenance and operation of the alpine gardens and education center. 5 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\ALPINE GARDEN LEASE-A010516.DOCX b. Any expansion of the size of the gardens must be approved in writing by the Town. c. The use of the Leased Premises and the Licensed Premises shall comply with the terms of any conditional use permit ("CUP") approved by the Town for the Leased Premises and the Licensed Premises, as well as any rules adopted by the Town governing the use of the Leased Premises or the Licensed Premises, and the Vail Town Code. If there is a conflict between a CUP and this Lease, the CUP shall control. d. Alpine Gardens shall keep the Leased Premises and the Licensed Premises, other than secure areas, open to the public as required by the current operations plan approved with the conditional use permit for the Leased Premises and the Licensed Premises. 13. Storage. No materials, equipment or barriers shall be stored in storage areas which are not screened from view, except on a temporary basis with prior written approval from the Town. 14. Trash. Alpine Gardens is responsible for trash removal associated with its activities under this Lease, at its own cost. 15. Existing Conditions. As of the Effective Date, Alpine Gardens has inspected the physical condition of the Property and receives the Leased Premises and the Licensed Premises in "as is" condition, with all faults. The Town makes no representations or warranties with respect to the condition of the Leased Premises or the Licensed Premises or their fitness or availability for any particular use, and the Town shall not be liable to Tenant for any latent or patent defects. 16. Improvements. Alpine Gardens may construct improvements on the Leased Premises in compliance with all applicable conditional use permits and requirements of the Vail Town Code. At the expiration or termination of this Lease, all improvements shall become the property of the Town except for the plantings, which may be removed by Alpine Gardens in its sole discretion. 17. Hazardous Materials. a. Though the Town has no actual knowledge of the presence of any hazardous materials or other adverse environmental conditions on the Leased Premises or the Licensed Premises, the Town makes no warranty regarding such materials or conditions. b. Alpine Gardens shall keep and maintain the Leased Premises and the Licensed Premises in compliance with, and shall not cause or permit the Leased Premises or the Licensed Premises to be in violation of, any federal, state, or local laws, ordinances or regulations relating to industrial hygiene or to the environmental conditions ("Hazardous Materials Laws") on, under, about, or affecting the Property. Tenant shall not use, generate, manufacture, store, or dispose of on, under or about the Leased 6 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\ALPINE GARDEN LEASE-A010516.DOCX Premises or the Licensed Premises or transport to or from the Leased Premises or the Licensed Premises any flammable explosives, radioactive materials, hazardous wastes, asbestos, lead-based paints, toxic substances, or related materials, including without limitation any substances defined as or included in the definition of hazardous substances, hazardous wastes, hazardous materials, or toxic substances under any applicable federal or state laws or regulations. 18. Board Member. The Town is entitled to appoint a representative to Alpine Gardens Board of Directors, to assist in planning events and uses of the Leased Premises and the and Licensed Premises. Such member may be a voting member or a non-voting member, at the discretion of the Board of Directors. 19. Financial Statements. Upon request of the Town, Alpine Gardens shall provide the Town with a copy of its annual financial statement, including balance sheets, profit/loss statements and earmarked endowment funds. 20. Insurance. At all times during the term of this Lease, Alpine Gardens, at its own cost, shall carry and maintain adequate insurance policies to insure against all liability, claims, demands and other obligations associated with this Lease. At a minimum, Alpine Gardens shall procure and maintain the following insurance coverages listed below, with forms and insurers acceptable to the Town: a. Workers' Compensation coverage as required by law. b. Fire and Extended Loss coverage for all improvements on the Leased Premises, in an amount equal to 100% of the replacement cost of such improvements, naming the Town as an additional insured. c. The following coverages in minimum amounts of $1,000,000 for each occurrence and $1,000,000 general aggregate: i. General Liability coverage applicable to the Leased Premises and the Licensed Premises, including bodily injury, broad form property damage, personal injury, blanket contractual, products and completed operations, naming the Town as an additional insured. ii. Comprehensive Automobile Liability coverage for the owned, hired or non-owned vehicles used in the performance of this Lease, naming the Town as an additional insured. iii. Liquor liability coverage if the Alpine Garden has or obtains a liquor license to serve wine, beer, or intoxicating liquors on the Leased Premises or Licensed Premises, naming the Town as an additional insured. 21. Indemnification. Alpine Gardens shall indemnify and hold the Town, its agents, servants and employees, harmless from and against any and all liability, loss, damages, costs and expenses, including reasonable attorney fees and costs of investigating any 7 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\ALPINE GARDEN LEASE-A010516.DOCX such matters, suffered or sustained by any person on or about the Leased Premises or the Licensed Premises or arising out of any act, error, omission or negligence in the operation, maintenance or use of the Leased Premises or the Licensed Premises by Alpine Gardens, its agents, officers, directors and employees, or of any occupant, subtenant, visitor or user of any portion of the Leased Premises, or any condition of the Leased Premises or Licensed Premises; provided that this indemnity shall not extend to damages resulting solely from the negligence or willful misconduct of the Town, its agents, officers, directors or employees. This Section shall survive termination of this Agreement. 22. Right of Entry. The Town reserves the right to enter the Leased Premises or Licensed Premises to ensure compliance with this Lease. The Town shall endeavor to provide reasonable advance notice of such entry, except in the case of emergency. 23. Notice. Any notice to be sent to the Parties pursuant to the terms of this Agreement shall be considered made the day it is mailed via certified or registered mail to the following addresses: Town of Vail: Alpine Gardens: Town Manager Executive Director Town of Vail Betty Ford Alpine Gardens 75 South Frontage Road 183 Gore Creek Drive Vail, CO 81657 Vail, CO 81657 24. Miscellaneous. a. No Assignment. This Lease and Alpine Gardens’ obligations under this Lease shall not be assignable without the prior written approval of the Town. b. Contingency; No Debt. Pursuant to Article X, § 20 of the Colorado Constitution, any financial obligation of the Town under this Lease is specifically contingent upon annual appropriation of funds sufficient to perform such obligation. This Lease shall never constitute a debt or obligation of the Town under any statutory or constitutional provision. c. Severability. If any provision of this Lease is determined to be void by a court of competent jurisdiction, such determination shall not affect any other provision hereof, and all of the other provisions shall remain in full force and effect. d. Integration. This Lease represents the entire agreement between the parties hereto with respect to the subject matter hereof, and all prior or extrinsic agreements, understandings or negotiations shall be deemed merged herein. e. Waiver. No provision of this Lease may be waived to any extent unless and except to the extent the waiver is specifically set forth in a written instrument executed by the Party to be bound thereby. 8 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\ALPINE GARDEN LEASE-A010516.DOCX f. Modification. This Lease may only be modified by subsequent written agreement of the Parties. g. Governing Law and Venue. This Lease shall be governed by and construed in accordance with the laws of the State of Colorado, and venue for any legal action arising out of this Agreement shall be in Eagle County, Colorado. h. No Third Party Beneficiaries. No third party is intended to or shall be a beneficiary of this Agreement, nor shall any third party have any rights to enforce this Lease in any respect. i. No Joint Venture or Partnership. No form of joint venture or partnership exists between the Parties, and nothing contained in this Lease shall be construed as making the Parties joint venturers or partners. j. Binding Agreement. This Lease shall be binding upon the respective Parties, their successors or assigns. k. Governmental Immunity. Nothing herein shall be construed as a waiver of any protections or immunities the Town and its officials, representatives, attorneys and employees may have under the Colorado Governmental Immunity Act, C.R.S. § 24-10- 101, et seq., as amended. IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first set forth above. TOWN OF VAIL ________________________________ Stan Zemler, Town Manager ATTEST: _____________________________ Patty McKenny, Town Clerk BETTY FORD ALPINE GARDENS ________________________________ STATE OF COLORADO ) ) ss. COUNTY OF _____________ ) The foregoing instrument was acknowledged before me this ____ day of ____________, 2016, by _____________________ as _________________________ of Betty Ford Alpine Gardens, a Colorado nonprofit corporation. 9 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\ALPINE GARDEN LEASE-A010516.DOCX My commission expires: _______________________________ Notary Public 1 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\VRD LEASE AMEND-A021116.DOCX AMENDMENT TO LEASE This AMENDMENT TO LEASE (the "Amendment"), is made and entered into on the ______ day of __________, 2016 (the "Effective Date"), by and between the TOWN OF VAIL, a Colorado home rule municipality (the "Town") and the VAIL PARK AND RECREATION DISTRICT (the "District”), a Colorado special district (each individually a "Party" and collectively the "Parties"). WHEREAS, on July 18, 2008, the Parties entered into a lease (the "Lease") for certain areas of real property within the Town, including areas within Ford Park; WHEREAS, since entering into that Lease, adjustments have been made to the boundaries of the Ford Park Leased Premises; WHEREAS, since entering into that Lease, new buildings and other improvements have been added to Ford Park; and WHEREAS, the Parties desire to amend the Lease pursuant to Section 19(a) of the Lease to address the boundary adjustments and new buildings and other improvements in Ford Park. NOW THEREFORE, in consideration of the mutual promises contained herein, the adequacy of which is hereby recognized, the Parties agree as follows: 1. Section 2 of the Lease is hereby deleted in its entirety and replaced with the following new Section 2: 2. LEASED PREMISES. The Town hereby leases to the District and the District leases from the Town the real estate associated with, and all improvements located on, in or under, the facilities set forth below and more particularly described in Exhibit A attached hereto and incorporated herein by this reference (the "Leased Premises"): (a) John Dobson Ice Arena ("Dobson"); (b) The areas listed in Exhibit A-1 as the "Ford Park Leased Premises"; (c) Public Tennis Courts at Booth Creek; (d) Ford Park Athletic/Soccer Fields; (e) Community Resource Space/Imagination Station in the Lionshead Welcome Center; (f) Red Sandstone Athletic Field; (g) Donovan Athletic Fields; and 2 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\VRD LEASE AMEND-A021116.DOCX (h) Golden Peak Racquet Courts. This Lease does not apply to the Golf Course or the Vail Gymnastics Center, which facilities are the subject of separate leases. 2. Section 3 of the Lease is hereby amended by the addition of a new subsection (c) to read as follows: (c) Conditional Use Permits and Rules. The District's use of the Leased Premises shall comply with the terms of any conditional use permit ("CUP") approved by the Town for the Leased Premises, as well as any rules adopted by the Town governing the use of the Leased Premises and the Vail Town Code. If there is a conflict between a CUP and this Lease, the CUP shall control. 3. The Lease is hereby amended by the addition of a new Section 20, to read as follows: 20. FORD PARK MAINTENANCE – SPECIAL PROVISIONS: (a) General. This Section 20 shall govern maintenance of Ford Park, in lieu of the maintenance provisions set forth in Section 8 of this Lease. The District shall be responsible for maintenance of the leased areas of Ford Park. (b) Interior Maintenance. Interior maintenance shall include without limitation the following: i. Ensuring all lights and doors are operating properly and repairing the same in a prompt manner, including replacing all light bulbs. ii. Replacing batteries in all smoke, fire and CO detectors, as needed, but at a minimum on a yearly basis. iii. Painting or staining the interior elements of the building as needed. iv. On a semi-annual basis at a minimum, ensuring that any scratches or dents in the paint or walls are properly repaired. iv. Repairing and maintaining floors and shampooing any carpets as needed and at a minimum on an annual basis and repairing and cleaning any marks in a prompt manner. v. Ensuring all bathroom facilities are operating properly and repairing the same in a prompt manner. vi. Providing janitorial service for regular and consistent cleaning of the facility; including daily or hourly services as needed. 3 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\VRD LEASE AMEND-A021116.DOCX vii. If public restrooms are provided, ensuring that the restrooms are properly stocked with the necessary supplies. viii. Ensuring proper and regular trash disposal within the facility and trash removal from the facility. (c) Exterior Maintenance. i. Regularly maintaining and planting shrubs and perennial and annual flowers to prevent an unkempt appearance created by overgrown plant growth or invasive weeds, including general trimming of shrubs and ground cover to maintain a natural, characteristic shape. ii. Mowing grass regularly and at a frequency as to not remove more than 1/3 length of grass blades; while maintaining lawn grass at 2" in height or less, other than native grasses, which shall not exceed 36" in height. iii. Watering and fertilizing lawns and garden areas appropriately to prevent browning of grass and plants. iv. Keeping lawns and garden areas neat and free of weeds. v. Removing grass clippings from streets and sidewalks after mowing. vi. Edging grass periodically, and at least monthly during the growing season, to maintain a clean, trimmed edge. vii. Pruning trees to remove dead limbs and suckers, to maintain the general natural shape characteristic of the species, and to remove limbs that endanger property (i.e.fences, buildings). viii. Trimming tree branches over sidewalks to provide at least 10' in height clearance. ix. Replacing and repairing turf as needed. x. Clearing sidewalks of debris and snow at all times. xi. Maintaining irrigation systems year round, including winterization and blowing out of systems prior to freezing temperatures. xii. Cleaning exterior surfaces as needed, but at a minimum on a annual basis. xiii. Painting or staining the exterior of buildings as needed, ensuring that any scratches or dents in the walls are properly repaired. 4 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\VRD LEASE AMEND-A021116.DOCX xiv. Maintaining and inspecting fences, gates and nets regularly and ensuring that fences and gates are closed. xv. Performing litter patrol on a daily basis. xvi. Using best management practices to ensure that all exterior maintenance activities have a minimal impact on the Gore Creek ecosystem. (d) Areas of Joint Maintenance. The District acknowledges that the Town leases other portions of Ford Park to third parties (the Vail Valley Foundation and the Betty Ford Alpine Gardens). The District shall share with those third parties the responsibility for maintaining the following areas: Historic Cottage; West Restrooms/Maintenance Building; Root Cellar; and Trash Building; all as shown on Exhibit A-1. (e) Maintenance Log. The District shall maintain a maintenance log of activities which satisfy its obligations under this Lease. (f) Annual Review. On an annual basis, the Town will meet with the District to discuss the maintenance and operation of Ford Park, compliance with this Agreement, any potential capital expenditures and projects and any other matters concerning Ford Park. (g) Capital Maintenance. The Town and the District shall be responsible for capital maintenance of Ford Park as set forth in Exhibit B-1. Capital maintenance is performed to extend the useful life of assets or replace assets, at intervals other than annually, and is of a significant value, including without limitation the following: i. Interior Capital Maintenance: system and system component and equipment replacements including mechanical, electrical, lighting, security and elevators; flooring replacement; replacement of structural components; and remodels of bathrooms, kitchens and locker rooms. ii. Exterior Capital Maintenance: roof replacement; window replacement; and replacement of walkways, bridges and parking lots. 4. If there is a conflict between this Amendment and the Lease, this Amendment shall control. 5. The Lease shall be amended to add Exhibit A-1 and Exhibit B-1. 6. All provisions of the Lease not expressly amended in this Amendment shall remain in full force and effect. 5 10/4/2023 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\VRD LEASE AMEND-A021116.DOCX IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first set forth above. TOWN OF VAIL ________________________________ Stan Zemler, Town Manager ATTEST: _____________________________ Patty McKenny, Town Clerk VAIL PARK AND RECREATION DISTRICT _____________________________________ ATTEST: _____________________________ 10/04/23 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\REVOCABLE LICENSE VRD.DOC REVOCABLE LICENSE AGREEMENT THIS REVOCABLE LICENSE AGREEMENT (the "Agreement") is made this ____ day of _____________, 200__, by and between the Town of Vail, COLORADO, a Colorado home rule municipality with a legal address of 75 South Frontage Road, Vail, Colorado 81657 (the "Town"), and Vail Park and Recreaton District, a Colorado special district with a legal address of 700 S Frontage Road East, Vail CO 81657 ("Licensee"). For and in consideration of the sum of ten dollars ($10.00) paid by the Licensee to the Town, the covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: SECTION 1. LICENSE Licensee desires to obtain a License to occupy and use the property more particularly described and depicted in Exhibit A, attached hereto and incorporated herein by this reference (the "Property"). Subject to all the terms and conditions hereto, the Town hereby grants to Licensee a license to occupy and use the Property for the purpose set forth in Section 2 hereof. SECTION 2. PURPOSE The Property may be used and occupied by the Licensee for the purpose of constructing and maintaining a patio and water feature over and on the Property. SECTION 3. TERMINATION Either party may terminate this Agreement by giving written notice to the other party specifying the date of termination, such notice to be given not less than thirty (30) days prior to the date specified therein. Upon termination, Licensee shall return the Property to its original condition at Licensee's own expense. SECTION 4. MAINTENANCE Licensee shall, at its own expense, keep and maintain in good repair any fixtures or structures constructed, placed, operated or maintained on the Property and, within thirty (30) days of termination of this Agreement, shall remove such fixtures. SECTION 5. DAMAGE TO PROPERTY Licensee shall be responsible for all damage to the Property arising out of or resulting from the use of the Property by the Licensee, its agents, employees, visitors, patrons and invitees. The Town shall notify Licensee immediately upon discovery of any damage to the Property. Licensee shall correct and repair the damage within one (1) week of notification or knowledge of the damage unless otherwise directed by the Town. 10/04/23 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\REVOCABLE LICENSE VRD.DOC 2 SECTION 6. INDEMNIFICATION Licensee shall indemnify, hold harmless and defend the Town and its representatives, officers, employees, agents, and contractors from and against all liabilities, penalties, costs, losses, damages, expenses, causes of action, claims, demands, or judgments, including, without limitation, reasonable attorney fees, arising from or in any way connected with injury to or the death of any person or physical damage to any property resulting from any act, omission, condition, or other matter related to or occurring on or about the Property under this Agreement. Licensee agrees to investigate, handle, respond to, and to provide defense for and defend against any such liability, claims or demands at his sole expense, or, at the option of the Town, agrees to pay the Town or reimburse the Town for the defense costs incurred by the Town in connection with any such liability, claims or demands. Licensee also agrees to bear all other costs and expenses related thereto, including court costs and attorney fees, whether or not any such liability, claims or demands alleged are groundless, false or fraudulent. SECTION 7. INSURANCE Licensee agrees to procure an insurance policy which includes and covers the Property that is the subject of this Agreement, and to name the Town as an additional insured thereon. Such insurance policy shall at a minimum include liability and property damage insurance, with a combined single limit for bodily injury and property damage of one hundred fifty thousand dollars ($150,000) per person and six hundred thousand dollars ($600,000) per occurrence. A Certificate of Insurance showing the Town as an additional insured shall be provided to the Town within thirty (30) days of execution of this Agreement, and annually thereafter. The failure to provide the Certificate of Insurance shall be grounds for immediate termination of this Agreement and revocation of the license granted herein. SECTION 8. NOTICES Any notice given pursuant to this Agreement by either party to the other shall be in writing and mailed by certified mail, return receipt requested, postage prepaid, and addressed as follows: To the Town: Town of Vail 75 S. Frontage Road Vail, CO 81657 To Licensee: Vail Recreation District Vail CO 81657 SECTION 9. MISCELLANEOUS A. Agreement Binding. This Agreement shall inure to the benefit of and be binding upon the heirs, successors and assigns of the parties hereto, subject to any other conditions and covenants contained herein. B. Applicable Law and Venue. The laws of the State of Colorado and applicable federal, state and local laws, rules, regulations and guidelines shall govern this Agreement, and 10/04/23 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\REVOCABLE LICENSE VRD.DOC 3 the venue for any legal proceeding arising out of this Agreement shall be Eagle County, Colorado. C. Amendment. This Agreement may not be amended except in writing by mutual agreement of the parties, nor may rights be waived except by an instrument in writing signed by the party charged with such waiver. D. Headings. The headings of the sections of this Agreement are inserted for reference purposes only and are not restrictive as to content. E. Assignment. Licensee may not assign or transfer this Agreement, except upon the express written authorization of the Town. F. No Third-Party Beneficiaries. Except as expressly provided herein, there are no intended third-party beneficiaries to this Agreement. G. Severability. If any provision of this Agreement is found by a court of competent jurisdiction to be unlawful or unenforceable for any reason, the remaining provisions hereof shall remain in full force and effect. H. Governmental Immunity. Nothing herein shall be construed as a waiver of any protections or immunities the City may have under the Colorado Governmental Immunity Act, C.R.S. § 24-10-101, et seq., as amended. I. Integration. The foregoing constitutes the entire agreement between the parties and no additional or different oral representation, promise, or agreement shall be binding on any of the parties hereto with respect to the subject matter of this Agreement. IN WITNESS WHEREOF, the parties have duly executed this Agreement effective the day and year first above written. TOWN OF VAIL By: ____________________________________ Stan Zemler, Town Manager ATTEST: ________________________________ Tammy Nagel, Acting Town Clerk 10/04/23 C:\USERS\HGOLDOV\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\CZGBGBJB\REVOCABLE LICENSE VRD.DOC 4 LICENSEE: ________________________________ STATE OF COLORADO ) ) ss. COUNTY OF _____________ ) Subscribed, sworn to and acknowledged before me this _____ day of _______________, 200__, by _______________________. My Commission expires _______________. (SEAL) ____________________________________ Notary Public P U B L I C E N G AG E M E N T O n l i n e S u r v e y I n t e r c e p t E v e n t s • C r e a t i n g a se a m l e s s b u s s e r v i c e f r o m E a s t t o W e s t V a i l an d in c r e a s i n g t h e f r e q u e n c y of bu s s e r v i c e i n W e s t V a i l a r e v i e w e d a s t h e mo s t l i k e l y im p r o v e m e n t s to e n c o u r a g e m o r e tr a n s i t r i d e r s h i p wi t h i n V a i l . • 57 % - 6 7 % of r e s p o n d e n t s i n d i c a t e t h a t t h e y w o u l d b e ‘ s o m e w h a t l i k e l y ’ o r ‘ l i k e l y ’ t o t a k e E V T A fr e e - f a r e b u s s e r v i c e fr o m E d w a r d s t o V a i l . • Ju s t o v e r h a l f of r e s p o n d e n t s a r e i n f a v o r o f ke e p i n g o v e r f l o w p a r k i n g on f r o n t a g e r o a d s an d a d d i n g i m p r o v e m e n t s , w h i l e a b o u t 40 % pr e f e r el i m i n a t i n g t h e p a r k i n g . • Ad d i n g s i d e w a l k s a n d c r o s s w a l k s is i d e n t i f i e d a s t h e m o s t f a v o r a b l e i m p r o v e m e n t t o fr o n t a g e r o a d p a r k i n g fo l l o w e d b y l i m i t i n g p a r k i n g on b u s y s e c t i o n s a n d l i g h t i n g . • I f t h e T o w n w e r e t o i n c r e a s e p a r k i n g s u p p l y t h e m o s t p o p u l a r o p t i o n s a r e i n C D O T R O W • A d j a c e n t t o V a i l R e s o r t s M a i n t e n a n c e Y a r d • H e a d - i n p a r k i n g w e s t o f W e s t V a i l F i r e S t a t i o n • A n g l e d p a r k i n g a t F o r d P a r k • JU N E - C h a n g e s p e e d l i m i t 2 5 m p h t o 1 5 m p h • V a i l P D s e t u p s p e e d t r a i l e r m o n i t o r t h i s s u m m e r to i n f o r m r e s i d e n t s o f c h a n g e . • V a i l P W c o n d u c t e d ‘ b l i n d ’ s p e e d s t u d y t h i s f a l l • 8 5 th Pe r c e n t i l e S p e e d R e s u l t s ve r a g e S p e e d R e s u l t s • No C h a n g e i n D r i v e r B e h a v i o r October 11 th, 2023 To:Town Council Through:Russel Forrest Town Manager From:Ryan Kenney Chief of Police Subject:Penalty Assessment Ordinance Change The Town of Vail is one, if not the only jurisdiction without any type of penalty assessment. There are several benefits to implementing a penalty assessment including, manpower allocation, court efficiency and enforcement options. Staff is recommending adding a penalty assessment to our current penalty ordinance 1-4-1. The primary purpose to adding a penalty section is to give the offender the opportunity to pay a fine or elect to go to court. Currently, all our code violations are given a summons which require a court appearance. This results in manyour out-of-town offenders not attending court which will result in the court issuing a municipal warrant for the offender’s arrest. Giving the offender the option of paying a fine in lieu of a court appearance will result in a positive disposition in more municipal court cases. Officers will still have discretion when determining if a fine or appearance in court is appropriate. If there are special circumstances or an egregious violation, officers can bypass the penalty assessment and issue the offender a mandatory court appearance. There will also be a list of violations that will not be eligible for a penalty assessment. Theft, Assault, Disturbing the Peace, are a few examples of violations that will not be eligible for a penalty assessment. The complete list of eligible offenses will accompany this memorandum. The fine schedule for the penalty assessment will be $100 for the first violation, $500 for the second, $1,000 for the third and $2,500 for the fourth and any subsequent violations. Although there are fines in place for multiple violations, most second violations will be summonsed to court. The exception to this fine schedule is Deceptive Use of Ski Facility. A Deceptive Use of Ski Facility violation will have a specific fine of $500 due to the frequency and cost of a lift ticket. Town staff is also working on improving our ability to accept multiple forms of payment including on-line payments. A QR code will accompany each violation. That QR code will allow the offender to pay the fine or request a court hearing. In-person payments will still be accepted and linked to the original violation by multiple identifying factors. Making it easier for payment and tracking purposes. Staff is requesting amendments to ordinance 1-4-1 allowing a penalty assessment for specific municipal violations. o Create an exceptional and diverse art collection. Male Baseball #1