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HomeMy WebLinkAbout2023-12-19 Agenda and Supporting Documentation for Town Council Afternoon Meeting Agenda1.Call to Order 2.Presentation/Discussion 2.1 Inntopia Seasonal Update 30 min. Listen to presentation and provide feedback. Presenter(s): Mia Vlaar, Economic Development Director, Tom Foley, SVP Business Intelligence, Inntopia Background: This presentation will go over a seasonal update from Inntopia covering economic micro and macro trends, a look back at summer 2023 occupancy, ADR and RevPAR and an analysis of bookings for winter 2023-24. Staff Recommendation: Listen to presentation and ask questions 2.2 Lionshead and Vail Village Parking Structures Discussion 30 min. Verbal update. Listen to presentation and provide feedback. Presenter(s): Russell Forrest, Town Manager and Craig Racey, Martin and Martin Engineering Background: Council will receive recommendations and ideas on safety ideas for Lionshead and Vail Village Parking Structures. 2.3 Ford Park Play Area Safety Improvement Discussion 45 min. Listen to the presentation and provide feedback to staff regarding the project scope and scale, timeline and budget. Presenter(s): Gregg Barrie Background: The children's play area in Ford Park is in need of structural repairs, safety improvements and compliance with the Americans with Disabilities Act. Town staff will present relevant information and ask for feedback from the Town Council. See attached Memorandum for additional detail. VAIL TOWN COUNCIL MEETING Afternoon Session Agenda Town Council Chambers and virtually by Zoom https://vail.zoom.us/webinar/register/WN_XPdEkLbGS4iEI9nwOBJtDQ 12:05 PM December 19, 2023 Notes: Times of items are approximate, subject to change, and cannot be relied upon to determine what time Council will consider an item. Inntopia-DMX Vail Town Council 2023-12-19.pdf Public Input - Speed Bumps.pdf Ford Park Play Area TC Memo 12-19-23.pdf TC Presentation 12-19-23.pdf 1 2.4 Go Vail 2045 - Vail Mobility & Transportation Master Plan Update Traffic Calming & I-70 Impacts 45 min. Review presentation and provide feedback. Presenter(s): Tom Kassmel, Town Engineer Background: The GO Vail 2045 team has been reviewing data and concepts to improve mobility and transportation within Vail over the next 20 years. Past Council sessions have focused on Multi-Modal, Transit, and Parking improvements along with a summary of public comments and survey responses. This Council session will focus on Speed Limits on local roads, Traffic Calming, and I-70 Impacts; including Noise, Adapting to future needs like AGS, and allow for a discussion regarding impacts of burying or tunneling I-70. 2.5 4th Budget Supplemental Presentation 15 min. Listen to presentation and provide feedback. Presenter(s): Carlie Smith, Finance Director Background: Please attached memo. 2.6 Mill Levy Update 15 min. Listen to presentation and provide feedback. Presenter(s): Carlie Smith, Finance Director Background: Across the state, residential property tax rates are set to go up an average of 40%. Several legislative bills have been passed over the past two years to help reduce the impacts on homeowners. As a result of the legislative changes jurisdictions in Colorado are all taking different approaches when certifying their mill levy. The staff has provided several options for Council to discuss. Staff Recommendation: Listen to presentation and provide feedback. 2.7 Strategic Planning Discussion 10 min. Council is requested to provide direction to the Town Manager on moving forward with a contract with Managing Results. Presenter(s): Russ Forrest, Town Manager Background: The purpose of a strategic plan is to identify the issues most important to Vail's residents and guests. Based on the Council's articulation of those critical issues, the Town can then focus time and resources to addressing those issues in the next 1-5 years. 3.DRB / PEC (5 min.) Go Vail 2045 - Town Council - Speed Limit, Traffic Calming and I-70 Impacts_TOV Final.pdf 231219 4th Supplemental Budget 2nd Reading.pdf Ord #28- 4th Supp 2023 2nd Reading.pdf 121923 24 Mill Levy Discussion.pdf Council_initial_planning_meeting__121923.docx Town of Vail Price Proposal_Town Strategic Plan_from Managing Results LLC_Amended_12_13_2023.pdf 2 3.1 DRB/PEC Update 4.Information Update 4.1 November 14, 2023 VLHA Meeting Minutes 4.2 November 28, 2023 VLHA Meeting Minutes 4.3 Vail Public Library 40th Anniversary The Vail Public Library received a two-page spread in Give Magazine in recognition of their 40th Anniversary. 5.Matters from Mayor, Council and Committee Reports (10 min.) 5.1 Finalize Council Committee Appointments Make appointments for the 2023 - 2025 term. 6.Executive Session (90 min.) Executive Session pursuant to: 1. Executive session pursuant to C.R.S. § 24-6-402(4)(f) - for the purposes of discussion of a personnel matter not involving any specific employees who have requested discussion of the matter in open session, any member of this body or any elected official, the appointment of any person to fill an office of this body or of an elected official, or personnel policies that do not require the discussion of matters personal to particular employees, concerning a performance evaluation of the Municipal Judge; and 2. C.R.S. §24-6-402(4)(a) to consider the purchase, acquisition, lease, transfer or sale of any real, personal or other property interest and C.R.S. §24-6-402(4)(e) to determine positions relative to matters that may be subject to negotiations, develop a strategy for negotiations and instruct negotiators and on the topics of: West Middle Creek Development Agreement; and 3. C.R.S. §24-6-402(4)(a) to consider the purchase, acquisition, lease, transfer or sale of any real, personal or other property interest, C.R.S. §24-6-402(4)(b) to hold a conference with the Town Attorney, to receive legal advice on specific legal questions and C.R.S. §24-6-402(4)(e) to determine positions relative to matters that may be subject to negotiations, develop a strategy for negotiations and instruct negotiators and on the topics of potential real property; and 4. C.R.S. §24-6-402(4)(b)-to hold a conference with the Town Attorney, to receive legal advice on specific legal questions and C.R.S. §24-6-402(4)(e) to determine positions relative to matters that may be subject to negotiations, develop a strategy for negotiations and instruct negotiators and on the topics of Town of: 1. Town of Vail v. TIGA Advertising, INC and Gregory Moffet, Case number 21CV30034 and TIGA Advertising, INC, Chapter 11 Bankruptcy, Case Number 23-10553MER; and 2. Colorado Motor Carriers Association v. Town of Vail and Police Chief Ryan Kenney, Civil Action No. 23-cv-02752-CNS-STV. 7.Recess 5:00pm (estimate) DRB Results 12-6-23.pdf PEC Results 12-11-23.pdf 2023-11-14 VLHA Minutes.pdf 2023-11-28 VLHA Minutes.pdf Give-2023-VailPublicLibrary-3.pdf Meeting agendas and materials can be accessed prior to meeting day on the Town of Vail website 3 www.vailgov.com. All town council meetings will be streamed live by High Five Access Media and available for public viewing as the meeting is happening. The meeting videos are also posted to High Five Access Media website the week following meeting day, www.highfivemedia.org. Please call 970-479-2136 for additional information. Sign language interpretation is available upon request with 48 hour notification dial 711. 4 AGENDA ITEM NO. 2.1 Item Cover Page DATE:December 19, 2023 TIME:30 min. SUBMITTED BY:Steph Johnson, Economic Development ITEM TYPE:Presentation/Discussion AGENDA SECTION:Presentation/Discussion SUBJECT:Inntopia Seasonal Update SUGGESTED ACTION:Listen to presentation and provide feedback. PRESENTER(S):Mia Vlaar, Economic Development Director, Tom Foley, SVP Business Intelligence, Inntopia STAFF RECOMMENDATION:Listen to presentation and ask questions VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Inntopia-DMX Vail Town Council 2023-12-19.pdf 5 6 7 Dow 7.6% 3.7% 3.1% 102.0 Dow Jones Unemployment Consumer Confidence 35,417 Inflation Conf 2.9 Pt 8 •40,000 added, 20.1% of 199,000; (12 Month Avg = 55,000) •Most to Food Services & Drinking Places •Negligible Jobs to Accommodations •Leisure & Hospitality is now slightly up vs Feb 2020 levels •Accommodations Sub-Sector down 217,000 (-10.3%) •Resetting to smaller accommodations workforce norm 9 Source: Bureau of Labor Statistics 10 Source: Bureau of Labor Statistics 11 12 -12 . 8 % -2. 0 % 6. 7 % 2. 9 % 1. 8 % -0. 7 % 1. 0 % -13 . 6 % -9. 5 % -5. 4 % -3. 4 % 6. 8 % -2. 5 % -4. 3 % -40% -20% 0% 20% 40% 60% 80% May June July August September October Summer Total Occupancy: Summer 2023 vs Summer 2022 Occupancy: Summer 2023 vs Summer 2019 13 6. 4 % -1. 9 % -3. 3 % -4. 0 % -0. 1 % -4. 8 % -1. 9 % 55 . 0 % 45 . 8 % 44 . 2 % 34 . 4 % 39 . 5 % 40 . 3 % 41 . 1 % -40% -20% 0% 20% 40% 60% 80% 100% May June July August September October Summer Total ADR: Summer 2023 vs Summer 2022 ADR: Summer 2023 vs Summer 2019 14 -7. 2 % -3. 9 % 3. 2 % -1. 2 % 1. 7 % -5. 5 % -0. 9 % 33 . 9 % 31 . 9 % 36 . 4 % 29 . 9 % 49 . 0 % 36 . 7 % 35 . 0 % -40% -20% 0% 20% 40% 60% 80% 100% May June July August September October Summer Total RevPAR: Summer 2023 vs Summer 2022 RevPAR: Summer 2023 vs Summer 2019 15 -12.8% -2.0% 6.7% 2.9%1.8% -0.7% 1.0% 6.4% -1.9% -3.3%-4.0% -0.1% -4.8% -1.9% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% May Jun Jul Aug Sep Aug Summer Ttl YO Y % V a r i a n c e Month of Arrival YOY % Change in Winter Occupancy and ADR as of Nov 30 Occupancy % Change vs 2022 ADR % Change vs 2022 16 -13.6% -9.5% -5.4%-3.4% 6.8% -2.5%-4.3% 55.0% 45.8%44.2% 34.4% 39.5%40.3%41.1% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% May Jun Jul Aug Sep Aug Summer Ttl YO Y % V a r i a n c e Month of Arrival Vail 4 Year % Change in Summer Occupancy and ADR as of Oct 31 Occupancy % Change vs 2019 ADR % Change vs 2019 17 18 Reports with data as of Nov 30, 2023 include: 25 Vail properties representing 2,355 units 62.1% of total community census 17 Mountain Destinations representing 152 properties and ~18,000 units ~55% of total regional industry census 19 2023/24 2022/23 2019/20 1 Yr Chg 4 Yr Chg Room Nights Available 411,231 421,236 467,085 -2.4%-12.0% Room Nights Booked 156,338 157,392 164,174 -0.7%-4.8% Occupancy 38.0%37.4%35.1%+1.7%+8.3% 20 21 3. 4 % 4. 0 % 6. 3 % 0. 5 % -0. 7 % -17 . 8 % 1. 7 % 4. 1 % 4. 7 % 15 . 2 % 6. 9 % 8. 7 % 4. 7 % 7. 8 % -80% -60% -40% -20% 0% 20% 40% 60% 80% 100% Occupancy: Winter 2023/24 vs 2022/23 Occupancy: Winter 2023/24 vs. 2019/20 22 3. 4 % 4. 0 % 6. 3 % 0. 5 % -0. 7 % -17 . 8 % 1. 7 % 4. 1 % 4. 7 % 15 . 2 % 6. 9 % 8. 7 % 4. 7 % 7. 8 % -80% -60% -40% -20% 0% 20% 40% 60% 80% Occupancy: Winter 2023/24 vs 2022/23 Occupancy: Winter 2023/24 vs. 2019/20 23 24 -6. 8 % -4. 2 % 1. 2 % 2. 9 % 9. 1 % -2. 9 % 1. 5 % 36 . 1 % 27 . 1 % 30 . 9 % 39 . 8 % 47 . 4 % 31 . 6 % 35 . 4 % -40% -20% 0% 20% 40% 60% 80% 100% ADR: Winter 2023/24 vs 2022/23 ADR: Winter 2023/24 vs 2019/20 25 -6. 8 % -4. 2 % 1. 2 % 2. 9 % 9. 1 % -2. 9 % 1. 5 % 36 . 1 % 27 . 1 % 30 . 9 % 39 . 8 % 47 . 4 % 31 . 6 % 35 . 4 % -40% -20% 0% 20% 40% 60% 80% 100% ADR: Winter 2023/24 vs 2022/23 ADR: Winter 2023/24 vs 2019/20 26 3.4%4.0% 6.3% 0.5% -0.7% -17.8% 1.7% -6.8% -4.2% 1.2% 2.9% 9.1% -2.9% 1.5% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% 15.0% Nov Dec Jan Feb Mar Apr Winter Ttl YO Y % V a r i a n c e Month of Arrival YOY % Change in Winter Occupancy and ADR as of Nov 30 Occupancy % Change vs 2022/23 ADR % Change vs 2022/23 27 28 -3. 6 % -0. 4 % 7. 5 % 3. 4 % 8. 2 % -20 . 3 % 3. 3 % 41 . 7 % 33 . 0 % 50 . 7 % 49 . 5 % 60 . 3 % 37 . 8 % 46 . 0 % -80% -60% -40% -20% 0% 20% 40% 60% 80% 100% RevPAR: Winter 2023/24 vs 2022/23 RevPAR: Winter 2023/24 vs 2019/20 29 -3. 6 % -0. 4 % 7. 5 % 3. 4 % 8. 2 % -20 . 3 % 3. 3 % 41 . 7 % 33 . 0 % 50 . 7 % 49 . 5 % 60 . 3 % 37 . 8 % 46 . 0 % -80% -60% -40% -20% 0% 20% 40% 60% 80% 100% RevPAR: Winter 2023/24 vs 2022/23 RevPAR: Winter 2023/24 vs 2019/20 30 31 High Low Avg Vail Occupancy 48.7%9.9%33.2%38.0% ADR $1009 $104 $625 $735 RevPAR $395 $15 $209 $279 32 33 34 35 -20.0% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 1- N o v - 2 3 8- N o v - 2 3 15 - N o v - 2 3 22 - N o v - 2 3 29 - N o v - 2 3 6- D e c - 2 3 13 - D e c - 2 3 20 - D e c - 2 3 27 - D e c - 2 3 3- J a n - 2 4 10 - J a n - 2 4 17 - J a n - 2 4 24 - J a n - 2 4 31 - J a n - 2 4 7- F e b - 2 4 14 - F e b - 2 4 21 - F e b - 2 4 28 - F e b - 2 4 6- M a r - 2 4 13 - M a r - 2 4 20 - M a r - 2 4 27 - M a r - 2 4 3- A p r - 2 4 10 - A p r - 2 4 17 - A p r - 2 4 24 - A p r - 2 4 Oc c u p a n c y R a t e (Gridlines Aligned with Saturdays) Occupancy as of November 30, 2023: Vail vs. DestiMetrics Aggregate , Static Winter View Vail vs.DestiMetrics Aggregate 2023/24 - as of November 30, 2023 Vail 2023/24 - as of November 30, 2023 DestiMetrics Aggregate 2023/24 - as of November 30, 2023 36 • • • • 37 38 AGENDA ITEM NO. 2.2 Item Cover Page DATE:December 19, 2023 TIME:30 min. SUBMITTED BY:Greg Hall, Public Works ITEM TYPE:Presentation/Discussion AGENDA SECTION:Presentation/Discussion SUBJECT:Lionshead and Vail Village Parking Structures Discussion SUGGESTED ACTION:Verbal update. Listen to presentation and provide feedback. PRESENTER(S):Russell Forrest, Town Manager and Craig Racey, Martin and Martin Engineering VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Public Input - Speed Bumps.pdf 39 From: To: Subject: Date: Michelle Rampelt <michellerampelt@gmail.com Council Dist List <towncouncil@vail.gov Input/Question Thursday, December 7, 2023 3:29 PM Hello, I am sure the number of complaints regarding the parking-structure speed-bumps has made you nauseous. As I was approaching my car I saw someone drive around the bumps within roughly a foot of my vehicle. Is there a reasonable way to keep pedestrian children safe, without these speed bumps? The slalom-ing around the speed bumps where people walk, and cars are parked, cannot be better or safer than our previous format. Especially in VV where the lighting is quite good. The bumps are so sharp and so frequent I am very clear as to why people avert them. Local’s left is a disaster zone. Nobody wants to drive in and out of the structure so they all park at the end of the ramp — also the heaviest traffic zone during ski rush hour while people wait to exit. I can’t imagine how this is going to function in prime season with max peeps. Thanks so much for your efforts and work that you do, Michelle Rampelt 40 From: To: Subject: Date: Kendal Beer <kbeer@slifer.net> PublicInputTownCouncil <publicinput.vailtowncouncil@vailgov.com Seeking a small change Friday, December 15, 2023 12:46 PM Good afternoon, all, I’m taking a moment to write you on a couple of items. Thanks so much for considering my thoughts. First up, thank you for your service. You have done/are doing a great job leading our community, especially as you are forced to confront the “big gorilla” in the room, i.e., Vail Resorts. I want to share my thoughts and experiences with the now-dreaded speed breaks that have been installed in the Village and Lionshead parking structures, and to seek your help in making positive change. I understand that these are part of the settlement with the family who tragically lost their son in the accident in Lionshead last year. As a member of this community, I am aware of the devastation this has caused, and I have great sympathy for their family. The intentions of installing these speed breaks to enhance safety were understandable, and were good. The garages are, in fact, dangerous. Yet the unintended consequences that are resulting from the current installation are not so good, i.e., “too much is too much…” These speed breaks have created what are the most hostile and maddening parking garages that I’ve ever experienced, and the current installation has numerous downsides. As it pertains to safety, I now observe drivers cutting corners and swerving throughout the garage so as to avoid the jarring impacts with the speed breaks… and then speeding up between the breaks so as to make up for lost time… all the while getting agitated and more aggressive. Instead of enhancing garage safety, it is my belief that our garages are in fact more dangerous as a result of the current, aggressive speed break installation. From a public relations side of things, is this really the “welcome” that we want to provide our guests, as they arrive and depart Vail? Many of my friends and associates have commented that they are angry and frustrated by the time they get out of the garage. I fall into this category myself. Is this really how we want our guests to feel? What kind of damage is this doing to our vehicles, repeatedly jarring the suspension as we come and go? Especially those drivers who I have witnessed who don’t slow down, and impact the breaks at high speed? As it pertains to the above three points, I’d encourage each of you to spend a half hour in both garages during peak periods, so that you can witness this for yourself! 41 Speaking of peak periods, can you imagine the huge entry and exit lines that are assuredly going to result from these speed breaks on weekends and powder days? During Devo and Ski Club Vail days? During holiday weeks? I’m afraid it’s going to be even more of a mess than it currently is, which again, will only serve to create angry and frustrated (i.e., dangerous) drivers. The exact opposite of the goal. While I am not an expert by any stretch of the imagination regarding speed breaks and garage safety, I can recognize when something is not working correctly. This is one of those instances. For whatever it’s worth, I believe that half the current number of speed breaks, properly located in the garages, and as single breaks versus the current doubles, would in fact enhance the safety of the garages. i.e., “mission accomplished,” while at the same time avoiding the above issues. Sometimes it’s best to acknowledge that an action such as this, which was perceived as a solution yet in fact exacerbates a problem, was the wrong course of action. It’s then up to our leaders to acknowledge the mistakes and to take action to correct them. I am asking you to do exactly this, for the benefit of your constituents who live and/or work in town, for our guests, and for our collective safety. Something needs to be done, as again, this well- intentioned change is resulting in unforeseen consequences. My thanks for your review of the above. I know that you have a most challenging leadership position, and am highly appreciative of your consideration of my thoughts. Sincerely, Kendal Gotthelf Beer Licensed Partner to the McSpadden Team, Paul Gotthelf & George Emmett 230 Bridge St. | Slifer Smith & Frampton Real Estate 970.376.6038 vailrealestate.com Please Note: We will never email you wire instructions, please call your broker if you are asked to wire money. 42 From: To: Subject: Date: Carroll Tyler <ctyler@slifer.net PublicInputTownCouncil <publicinput.vailtowncouncil@vailgov.com SPEED BUMP NIGHTMARE! Tuesday, December 19, 2023 7:55 AM Get rid of at least 65% of these Now. People are so angry they do not want to come to town to shop, eat, work and even ski. People who cannot do stairs have to cross all of them to reach ground level. The poor parking staff has to listen to all the complaints and drive over them to check. And even 5 miles per hour with this many can kill shock absorbers. These are a disastrous “Welcome to Vail”. Thank you, Carroll Tyler 43 From: To: Subject: Date: Brian Rodine <brodine@gmail.com> Council Dist List <towncouncil@vail.gov> Speed bumps Friday, December 8, 2023 11:48 AM Hi all, Parking and unloading kids in the garages, both in winter and summer, used to be a terrifying experience with a 4 year old and a 6 month old. Thanks to the speed bumps, now it's not. If you get rid of them please send them to us in Minturn, we'll take all that we can get. But I'd recommend keeping them and maybe supplementing them with some creative art and signage that reframes interpretation. Brian Rodine 10 year Vail resident, now Minturn 44 AGENDA ITEM NO. 2.3 Item Cover Page DATE:December 19, 2023 TIME:45 min. SUBMITTED BY:Gregg Barrie, Public Works ITEM TYPE:Main Agenda AGENDA SECTION:Presentation/Discussion SUBJECT:Ford Park Play Area Safety Improvement Discussion SUGGESTED ACTION:Listen to the presentation and provide feedback to staff regarding the project scope and scale, timeline and budget. PRESENTER(S):Gregg Barrie VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Ford Park Play Area TC Memo 12-19-23.pdf TC Presentation 12-19-23.pdf 45 To: Vail Town Council From: Department of Public Works Date: December 19, 2023 Subject: Ford Park Play Area Safety Improvement Discussion I. PURPOSE The purpose of this agenda item is to present information on a necessary safety improvement project at the Ford Park Play Area. Staff will present a short background on Vail’s tradition of custom play areas and will outline structural, safety, and accessibility issues at Ford Park. Staff is requesting feedback from the Town Council regarding the scope and scale, timing, and potential budget for the project. II. BACKGROUND The children’s play area in Ford Park was first constructed in 1988. The area was renovated in 2000 in response to new Public Playground Safety Standards and Guidelines. Additional improvements were made in 2015. The play area follows Vail’s long-standing tradition of designing and building custom play areas and was the first to include an artist as part of the design team. It generally consists of wooden “post and platform”-type play structures, a vine-covered climbing wall, a suspension bridge, and several ground-level components. The artistic play sculptures, created by Robert Tully, were part of the 2000 renovations. Some of the wooden play structures are 35-years old, others are 24-years old. Several of the structures are showing deterioration of wooden post bases and other issues caused by outdoor exposure. A structural engineer has completed a review of the existing structures. In addition, there are several playground safety concerns, ADA compliance requirements and worn-out equipment that should be addressed. These will be discussed further in the presentation. III. PROJECT NEEDS AND OPPORTUNITIES “Needs” are items that should be corrected/improved, regardless of the final project scope. In general, they include: • Compliance with published Public Safety Guidelines • Compliance with the Americans with Disabilities Act (ADA) • Repair of structural deterioration and replacement of worn equipment 46 Town of Vail Page 2 “Opportunities” are items that improve the play area and maintain the high standard established for Vail’s custom, “art-inspired” play areas. These items generally include: • Re-imagine and/or replace older structures • Improve overall play value • Include artistic elements Staff will present additional information on both Needs and Opportunities as part of the presentation. IV. BUDGET INFORMATION The current 2023 budget includes $229,000 and the recently approved 2024 budget includes an additional $268,000 for a total current project budget of $497,000. Staff is not requesting additional funding at this time. Instead, staff is requesting direction on the approach and scope of the project which will help determine whether additional funding is required. As the design progresses, staff will provide budget updates to the council. V. SCHEDULE AND PROCESS Following input from the Town Council, staff will begin design work with a goal of starting construction in the fall of 2024 with completion in the spring of 2025. The project scope and budget considerations may impact start/finish dates and help determine whether a phased construction approach is appropriate. Through the design process, staff will work with the soon-to-be established Ford Park Oversight Committee, the AIPP Board (as appropriate), DRB, and the Town Council. VI. STAFF RECOMMENDATION Ford Park is Vail’s premier community park, and a renovation of its play area should continue to reflect that premier status. Staff’s recommendation is that a play area improvement project should address all project “needs” as previously described. In addition, staff recommends that the improvements should continue the tradition of custom creativity established in Vail’s play areas. Staff recommends that the Council provide feedback to help determine the appropriate scope and scale of the project. VII. ACTION REQUESTED BY COUNCIL Staff requests that the Council provide feedback on the project scope and scale, timing and potential budget. Attachments: Powerpoint Presentation 47 Ford Park Play Area Safety Improvements, Repairs and Upgrades December 19, 2023 48 Ford Park Play Area Purpose •Present a short background on Vail’s custom, “art-inspired” play areas •Present basic information related to Public Playground Safety •Discuss current needs related to the Ford Park play area •Outline needs for other Vail play areas •Ask for feedback from Council members on scope and scale 49 Vail’s Original Play Areas 50 Ford Park Play Area Playground Safety •ASTM Standards and CPSC Guidelines •With “the purpose to reduce life-threatening and debilitating injuries” •Certified Playground Safety Inspector 51 Vail’s Original Play Areas Ford Park 1998 Catalog or Custom? Design Team •Artist •“Experts” 52 Art-inspired Play Ford Park 1999 53 Art-inspired Play Ford Park 2000 Set the trend… 54 Art-inspired Play Process •Assemble a Design Team TOV landscape architects (playground professionals), AIPP/artist, engineers, public •Develop a theme or concept •Decide how art fits… site element, play component, or entire play area •Site plans, structures, details… •Design review, funding, approvals… Site Element Entire Play AreaPlay Component 55 Art-inspired Play Inspiration 56 Art-inspired Play 57 Playground Safety 101 The purpose of the Standards and Guidelines is to reduce life-threatening and debilitating injuries 58 Playground Safety 101 The purpose of the Standards and Guidelines is to reduce life-threatening and debilitating injuries 59 Playground Safety 101 “Use Zones” •General rule -6’ clear zone around all equipment •Some equipment such as swings, slides and spinners can have a larger required use zone •Use Zones must have a compliant “impact-attenuating surface” Engineered Wood Fiber, poured-in-place rubber, or rubber tiles 60 Ford Park Play Area School-age area (1988) School-age area (2000) Tot -age area (1988/2000) Swings (2015) Bridge/gazebo (2000) Restrooms/Picnic (2015) Betty Ford Alpine Garden 61 Ford Park Play Area Specific Concerns •Age (1988, 2000, 2015) •Safety –use zones, boulder walls •Materials –wood •ADA 62 Ford Park Play Area Specific Concerns •Age (1988, 2000, 2015) •Safety –use zones, boulder walls •Materials –wood •ADA Left: base of “gazebo” post Right: top of bridge beam Below: beam sits on post 63 Ford Park Play Area Specific Concerns •Age (1988, 2000, 2015) •Safety –use zones, boulder walls •Materials –wood •ADA –access and play types 64 Ford Park Play Area Specific Concerns •Age (1988, 2000, 2015) •Safety –use zones, boulder walls, worn equipment •Materials –wood •ADA 65 Ford Park Play Area Specific Concerns •Age (1988, 2000, 2015) •Safety –use zones, boulder walls •Materials –wood •ADA 66 Ford Park Play Area Play Area Needs Bridge and Gazebo structures Deterioration of some wood components Use zones around boulder walls ADA Compliance/Access Aging and worn out equipment Plan for the next 20-30 years 67 Ford Park Play Area Project Approach •Develop a Design Rationale for dealing with the playground edges/boulder walls Rearrange some elements of the play area Active vs passive use Utilize enclosure concepts developed by some playground equipment manufacturers •Meet/exceed ADA standards •Design for durability 68 Required Work at Other Play Areas Play Area Repairs and Improvements Pirateship Park •Replace all wood decking •Repair access steps/posts •Repair bowsprit railing with welded pickets •Replace crow’s nest step ladder with rung ladder •Replace web climber •Repair sea monster climber •Replace climbing handholds/siding on east side •Repair window trims •Confirm ADA compliance •Paint/stain structure Bighorn Park •Replace several logs showing deterioration •Add lashing bars to rails, repaint rails, replace netting •Paint/stain all structures •Install swings •Replace spinners •Add handgrips throughout play area •Confirm ADA compliance Sunbird Park •Evaluate all wood ribs for replacement needs •Repair decks on rigid bridge •Consider replacement of cedar decks with fir or oak •Replace remaining fabric panels •Replace web climber on tall nest Stephens Park •Install new multi-use spinner •Improve alignment of soft-surface trail Donovan Park •Repair/replace decks and posts as needed •Replace ladder climber, wire crawl tube •Add handgrips throughout play area •Confirm ADA compliance Red Sandstone Park •Add handgrips and handrail to Tot area •Confirm ADA compliance 69 Required Work at Other Play Areas Play Area Repairs and Improvements 70 Ford Park Play Area Requested Feedback… 1)Project Scope: balancing Needs and Opportunities 2)Durability 3)Timing/phasing: all at once or spread out over several years 4)Cost tolerance Opportunities Increase play value (the “cool” factor) Re -imagine/replace older play structures Include artistic elements $$$ Needs Playground Safety ADA Compliance/Access Repairs 71 AGENDA ITEM NO. 2.4 Item Cover Page DATE:December 19, 2023 TIME:45 min. SUBMITTED BY:Tom Kassmel, Public Works ITEM TYPE:Main Agenda AGENDA SECTION:Presentation/Discussion SUBJECT:Go Vail 2045 - Vail Mobility & Transportation Master Plan Update Traffic Calming & I-70 Impacts SUGGESTED ACTION:Review presentation and provide feedback. PRESENTER(S):Tom Kassmel, Town Engineer VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Go Vail 2045 - Town Council - Speed Limit, Traffic Calming and I-70 Impacts_TOV Final.pdf 72 GO VAIL 2045 Vail Mobility & Transportation Master Plan Traffic Calming & I-70 Impacts December 2023 73 VISION & GOALS EXISTING CONDITIONS I -70 PROCESS Master Plan Elements Transit Bicycle/Pedestrian Parking Traffic Calming I-70 Noise Traffic Emerging Technology Loading/Delivery Special Event Logistics Implementation & Funding WWW.ENGAGEVAIL.COM PU B L I C E N G A G E M E N T PED & BICYCLE TRANSIT PARKING TRAFFIC CALMING •July-Dec 2023 Review & Comment on ideas for each element o July o Aug. o Dec. o Jan. •Jan –March 2024 Draft Master Plan •April –June 2024 Adopt Master Plan •Drafted EMERGING TECHNOLOGYTRAFFIC 74 Speed Limit Setting Recommendations 75 15mph or 25mph? Why Not 20 mph? •Road geometrics govern how fast people drive not posted speed limits. (i.e. Kinnickinnick was reduced from 25mph to 15 mph; no change in driver behavior) •15 mph is difficult to enforce; 90% of residential traffic exceeds 15 mph* •25 mph is too fast for curving/rolling residential roads; 90% of residential traffic is driving below 25mph* •20 mph is average speed on Vail’s residential roads* •80% of survey respondents supported 20 mph •National push for “20 is Plenty” •Eagle County School Zones are 20mph *Based on 2021 Speed Survey of 28 Vail Residential Roads (with some exceptions) So u r c e : I T E 76 Vail Speed Limit Change Recommendations Posted speed limit will increase on some roads and decrease on other roads, to create a consistent experience at 20 mph* *Some exceptions may be warranted 77 FILL WITH PICTURE Traffic Calming Recommendations 78 Physical Traffic Calming Measures •Vertical devices •Horizontal devices •Narrowing devices •Pedestrian Accommodations Non-physical Measures •Education •Encouragement •Enforcement Toolbox of Traffic Calming Devices 79 EAST MEADOW NECKDOWN SPEED HUMP SPEED TABLE Considerations for Vertical and Horizontal Treatments •Pros & Cons: •Slows most, but not all, vehicles at specific locations •Maintenance/Snowplowing •Emergency Response/Evacuation impediment •Transit Rider experience •Potential noise &pollution increase •2018 Speed Hump Pilot Project in Vail: •Goal was to slow vehicles to 15-20mph •Along a entire roadway requires speed humps every ~200FT •At point locations requires only 1-2 •Vail 2023 Survey: Only ~45% of respondents support these measures Bulb-outs Chicanes Chokers HORIZONTAL Speed table or cushions VERTICAL 80 PAINTED SHOULDERS ADVISORY BIKE LANES Considerations for Narrowing/Striping •Pros & Cons: •Does not slow most traffic •Provides awareness & designation of uses (Vehicles & Pedestrians) •Painted shoulders: Narrowed travel lanes to 9’ provides ~2’ shoulder on most roads; roads should be widened to provide 3’-4’ shoulder •Advisory bike lanes: Dashed lane lines, narrow center bi-directional lane to ~12’; provides 5’ shoulder lanes for bicycles/pedestrians. •New type of striping installation, can be confusing to drivers •May not be appropriate for low pedestrian volume •Vail 2023 Survey: ~80% of respondents support these measures Lane narrowing Painted shoulders Advisory bike lanes NARROWING 81 Considerations for Pedestrian Accommodations •Do we have a speeding issue or a lack of Pedestrian Accommodations issue on Collector roads? •Most speeding complaints by pedestrians who frequently walk along the roads •A vehicle driving 20 mph* within 3’-6’ of a pedestrian feels uncomfortable and is perceived much faster “35-40 mph” •Vail 2023 Survey: 35%-45% of respondents support sidewalks •Sidewalks/Separated Paths may be a future consideration PEDESTRIAN ACCOMMODATIONS *Avg. speed on these types of roads •Pro & Cons •“Urbanizes” neighborhood •Costs & Property impacts •Provides safe alternative for pedestrians 82 SPEED TRAILER PHOTO RADAR Considerations for Non-Physical Measures •Education & Encouragement •E.g.: Signage, speed trailer •Enforcement •Heavy Enforcement Days; Can be costly & is impacted by officer availability •Photo Radar; is unpopular with residents •Vail 2023 Survey: Only ~35% of respondents support Photo Radar Enforcement Signage NON-PHYSICAL 83 Traffic Calming Opportunities Sunburst Dr. •Narrow Golf Course section of roadway •Add separated bike path Buffehr Creek & Red Sandstone Rd. •Remove double yellow •Add shoulder striping Streamside Circle East •Add shoulder striping Vail Valley Drive (to Gold Peak) •Add 5’ bike lanes; narrow travel lanes Lions Ridge Loop •Add neckdowns @ Timber Ridge Parking Roadways with Most Speeding Street Name From To Speed Limit 85th% % Over 25 mph Sunburst Dr Vail Valley Dr Cul-de-sac 15 32 30% Buffehr Creek Rd N. Frontage W. Lionsridge Loop Lionsridge Loop Cul-de-Sac 15 25 29 31 45% 75% Red Sandstone Rd N. Frontage W.Vail View Dr 15 28 45% Streamside Cir. E Streamside Cir. W.Bighorn Rd 15 27 45% Chamonix Lane Buffehr Creek Rd Chamonix Rd Chamonix Rd Arosa Dr 25 25 26 28 30% 50% Vail Valley Dr S. Frontage E.Gold Peak 15 25 30% Lions Ridge Loop Moraine Dr Vail View Dr 25 na na84 Proposed Outline of Traffic Calming Policy Determine Need And Ability For Additional Enforcement (Engage Special Heavy Enforcement Days) Review Speed Study Data and/or Complete Speed Study Staff Assesses Speeding and Safety Issues based on Priority Safety/crash history Pedestrian/bicycle volume Bus routes Frequency and variety of complaint reporters Information Website Document locations Collect Mapped locations LEVEL 2 REVIEW -If LEVEL 1 is Unsuccessful Study Before And After Speed And Safety Data If Successful Implement Permanent Traffic Calming Measures If Approved Implement Temporary Measures and Study Results Council Provides Final Decision on Implementation and Funding Staff Recommendation to Council Neighborhood Must Create Petition with Majority in Favor Resident Complaint Based IssueStaff Identified Safety Issue- Proceed to Next Step Communicate Option(s) with Neighborhood Identify & Analyze Potential Traffic Calming Or Pedestrian Accommodation Option(s) LEVEL 1 REVIEW 85 FILL WITH PICTURE I -70 Impacts and Recommendations 86 I -70 I-70 serves as a vital transportation artery, connecting Vail to the outside world and facilitating the movement of goods and people. It also presents challenges to the town's cohesiveness and aesthetic appeal. The highway acts as a dividing barrier and is an increasing source of noise. 87 Future of I-70: PEIS Recommendations: Highway •Interchange improvements are suggested for mile post (MP) 173 (Vail West/Simba Run), 176 (Vail), and 180 (Vail East) •Add auxiliary lanes to the west side of Vail Pass (MP 180-190) to improve safety and operations •Expand to a six-lane highway from MP 168 through MP 172 with curve safety modifications between MP 170 and MP 173 through the Dowd Canyon •Add a 65mph tunnel to bypass Dowd Canyon •Advanced Guideway System (AGS) along I-70 88 Future of I-70: PEIS Recommendations: Non-Infrastructure •Increased enforcement •Improve truck movements •Expand the use of existing infrastructure in and adjacent to the corridor •ITS Systems •Shift passenger and freight travel demand •Convert single-occupancy vehicle commuters to high-occupancy •Implement transit promotion •Travel demand management strategies 89 PEIS Highway Recommendations •Vail Pass Auxiliary Lanes (under construction) •Dowd Canyon: •Safety and capacity improvements •Variable Speed Limits (VSL) –2024 •I-70 Dowd Canyon Alternatives Study (Tunnel/Safety Improvements) •Truck operation improvements (pullouts, parking, lighting and chain stations) •Interchange improvements 90 How Vail can Prepare for Non-Infrastructure Recommendations •Coordinate with the non-infrastructure strategies that CDOT may employ on the corridor (ITS, TDM, Regional Transit) •Support the goals of the PEIS by adopting local non-infrastructure strategies •Transit, improvements to bus frequency, routes, on-demand services, and transit center(s) •Parking, implement strategies to encourage transit & micro transit use and off-peak corridor travel •Technology, implement Smart City technologies and coordinate with CDOT implementations 91 How Vail can Prepare for PEIS AGS Recommendations •Coordinate with CDOT on feasibility of high-speed rail passenger service •Identify most optimal location of AGS alignment for Vail •Consider AGS in planning of potential transit station locations and local land use considerations (VTC Expansion Project) •Seek grant opportunities to enhance existing transit center, transit, and future AGS •Continue to update ridership projections •Coordinate with existing/future transit systems (EVTA, Bustang/Pegasus, Greyhound) •Consider freight delivery in above planning Future AGS Connection Transit Capacity Expansion Opportunities 92 FILL WITH PICTURE I -70 Noise 93 I -70 Noise Monitoring •Noise monitoring survey locations (distance from I-70) •M1: West Vail near the Chamonix Chalets (~210’) •M2: Donovan Park at Matterhorn Circle (~375’) •M3: Sandstone Park (~280’) •M4: East Vail -Fall Line Drive (~180’) •M5: Timber Ridge Apartments (~165’) •M6: Red Sandstone Elementary School (130’) •2008 vs 2022 •Noise increase 2 to 4 dBA •Increase corresponds to traffic volumes •2008: 18,000 to 21,000 ADT •2022: 27,000 to 39,000 ADT Measured Maximum One-Hour Average Noise Levels (dBA Leq) Survey Date M1 M2 M3 M4 M5 M6 April 2004 69 63 63 66 -- August 2004 67 62 62 66 -- April 2007 68 63 63 67 -- September 2008 66 61 61 65 70 69 August 2022 68 69*64 69 72 72 CDOT Impact Threshold (66 dBA) (*Marriott construction impacted M2)94 Potential Methods to Reduce Noise along the I-70 Corridor Repave with “quiet pavement” $ (2-5 dBA reduction -6 months -2 Years) Speed reduction campaign (5 mph reduction ~1 dBA reduction)$$ Acoustical insulation of structures $$$ (Reduction Varies) Noise Walls or Berms $$$$ (3-10 dBA reduction within 300’ of wall) Cut/Cover OR Tunnel $$$$$$$ 10 dBA reduction Perceived as 1/2 as Loud 5 dBA reduction Noticeable <3 dBA 95 Vail Tunnel Update 96 Summary of I-70 Tunnel Options •2002 Vail Transportation Master Plan •‘Cut and Cover’ I-70 •2005 Vail Tunnel Options Study •5 options to bury I-70 •2023 Go Vail 2045 –Cost & Considerations Update •Critical Considerations •Cost Update (Rough Order of Magnitude) •Available Developable Land Update •Open Space Scenario •Medium Density Scenario •High Density Scenarios (2) 97 Why Study Burying I-70? •Noise •Aesthetic Character of Vail •Quality of Life •Connectivity •Safety •Air Pollution •Transit Enhancements Critical Considerations •Community Support •Impacts on Vail (Access, Development) •Construction Impacts •Cost & Funding Mechanism(s) •CDOT/FHWA Right of Way Relinquishment/Process •CDOT/FHWA Operation/Maintenance •Local Road Network Expansion/Reconstruction •Public Infrastructure Expansion/Reconstruction (Utilities, Facilities, Maintenance, etc…) •Freight/Hazardous Material Lid I-5 –Let's build a stronger Seattle, together. (lidi5.org) Denver Atlanta Seattle 98 Summary Cost Information 2005 Tunnel Report Cost (Billions)$2.6 NHCCI (Q1 2005 to Q1 2023) (+223%)+$3.2 2023 Updated Cost (Billions)$5.8 Local Road, interchange and Other Infrastructure (15%)+$0.9 Additional Planning, Engineering, Construction Management (15%)+$0.9 2023 Conceptual Costs (Tunnel or Full Cut and Cover) –Total (Billions)$7.6 2023 Conceptual Costs (Partial Cut and Cover) (25% of Full C&C) –(Billions)$1.9 99 Potential Funding Mechanisms •Federal Agencies•Similar to other “Lid” projects•CDOT•Funding from future Vail I-70 Projects•Sell/Lease Developable Land•Private Development•RETT for Open Space portions•Improvement Districts•Tax Increase for Noise Relief•Bonding•Traffic Impact Fees•Town’s Capital Budget•Private Funding 100 Tunnel/Cut & Cover Developable Land-Scenario 1: Open Space •Convert all new developable land into open space •I-70 ROW ~460 Acres •New Arterial ~178 Acres •Net New ~282 Acres •No Development Funding Land Use Description Scenario 1 Acres Percent Open Space 282 100% Low Density 0 0% Medium Density 0 0% High Density/Commercial 0 0% Public/Misc. 0 0% Net Increase to Current Units 0% Construction Cost $7.6 Billion Potential Land Cost Recouped $0 Remaining Cost $7.6 Billion 101 Tunnel/Cut & Cover Developable Land–Scenario 3: High Density •All high density development •~85% increase in Residential/Commercial units •~30% of cost funded by land sales Land Use Description Scenario 3 Acres Percent Open Space 0 0% Low Density 0 0% Medium Density 0 0% High Density/Commercial 282 100% Public/Misc. 0 0% Net Increase to Current Units 85% Construction Cost $7.6 Billion Potential Land Cost Recouped $2.3 Billion Remaining Cost $5.3 Billion 102 Tunnel/Cut & Cover Developable Land–Scenario 2: Medium Density •Mix of open space, low, medium, and high density •~45% increase in Residential/Commercial units •~15% of cost funded by land sales Land Use Description Scenario 2 Acres Percent Open Space 66 23% Low Density 83 29% Medium Density 70 25% High Density/Commercial 63 22% Public/Misc. 0 0% Net Increase to Current Units 45% Construction Cost $7.6 Billion Potential Land Cost Recouped $1.1 Billion Remaining Cost $6.5 Billion 103 Partial Cut & Cover Developable Land–Scenario 4: Partial Cut & Cover •All high density development •~20% increase in residential/Commercial units •~15% of cost funded by land sales Land Use Description Scenario 4 Acres Percent Open Space 0 0% Low Density 0 0% Medium Density 0 0% High Density/Commercial 63 100% Public/Misc. 0 0% Net Increase to Current Units 20% Construction Cost $1.9 Billion Potential Land Recouped Cost $0.5 Billion Remaining Cost $1.4 Billion 104 Tunnel Next Steps Determine whether or not to continue moving this forward. Establish key objectives for the project Collaborate with other stakeholders to identify the vision and goals for the future of Vail Develop framework for more detailed analysis that should include: •Participation of a cross section of stakeholders that will allow a clear evaluation of alternatives •Public input as it relates to the land use scenarios and the subsequent impacts to the character of Vail Develop a feasibility study that includes multiple alternatives Lid I-5 –Let's build a stronger Seattle, together. (lidi5.org)105 VISION & GOALS EXISTING CONDITIONS I -70 PROCESS Master Plan Elements Transit Bicycle/Pedestrian Parking Traffic Calming I-70 Noise Traffic Emerging Technology Loading/Delivery Special Event Logistics Implementation & Funding WWW.ENGAGEVAIL.COM PU B L I C E N G A G E M E N T PED & BICYCLE TRANSIT PARKING TRAFFIC CALMING •July-Dec 2023 Review & Comment on ideas for each element o July o Aug. o Dec. o Jan. •Jan –March 2024 Draft Master Plan •April –June 2024 Adopt Master Plan •Drafted EMERGING TECHNOLOGYTRAFFIC 106 AGENDA ITEM NO. 2.5 Item Cover Page DATE:December 19, 2023 TIME:15 min. SUBMITTED BY:Jake Shipe, Finance ITEM TYPE:Presentation/Discussion AGENDA SECTION:Presentation/Discussion SUBJECT:4th Budget Supplemental Presentation SUGGESTED ACTION:Listen to presentation and provide feedback. PRESENTER(S):Carlie Smith, Finance Director VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 231219 4th Supplemental Budget 2nd Reading.pdf Ord #28- 4th Supp 2023 2nd Reading.pdf 107 TO: Vail Town Council FROM: Finance Department DATE: December 19th, 2023 SUBJECT: Fourth Supplemental Appropriation of 2023; 2nd Reading of Ordinance No. 28, Series of 2023 I.SUMMARY During Tuesday evening’s session, you will be asked to approve the second reading of Ordinance No. 28 making supplemental appropriations and adjustments to the 2023 budget. II.DISCUSSION Changes to the budget supplemental request since first reading Capital Projects Fund Since the first reading, staff has included a $350,000 transfer from the Capital Projects Fund to the Residences at Main Vail Fund. The $350,000 is a placeholder for potential billing discrepancies being disputed. Legally fund expenditures cannot exceed what has been approved by ordinance. This ensures that there will be enough funding no matter the outcome. The Residences at Main Vail Fund reflects a transfer in from the Capital Fund and a corresponding increase in capital expenditures. The Capital Fund also includes a $150,000 placeholder to implement a new Government Accounting Standard that requires governments to expense the full cost of qualifying multi-year subscription software in the year of implementation rather than over the term of the contract. This is only a change in the timing of when the expense is recorded on a budget basis on the town’s financial statements. An additional $104,000 is included in the Dispatch Service Fund to implement this new standard as well. The 2024 Capital Budget includes $133,000 for an expansion to the police department vehicle fleet to complete the final phase of the PD take-home vehicle program. This final phase was included in the 2024 budget. Staff is requesting to move these funds forward to the 2023 budget to allow staff to contract for the vehicles in December. The 1st supplemental of 2024 will include a corresponding decrease. Real Estate Transfer Tax Fund During the 1st reading, Council requested confirmation that the Town was going to be reimbursed in full for $48,000 of fundraising contract costs associated with the Booth Heights 108 -2 - parcel. The Town has received $26,000 in donations towards these costs. The Wild Sheep Foundation has mailed a reimbursement check for the remaining $22,000 using donations they have collected. The revenue reimbursement has been included in the Real Estate Transfer Tax Fund. The 1st reading of the supplemental included a budget request of $96,500 for additional expenditures for the Ford Park Master plan. A portion of this ($42,009) is being re-appropriated from the 2022 budget. Staff is proposing to use savings of $54,591 from the street furniture project for the remaining amount. During 2022, Council approved a budget of $25,000 for solar feasibility study however this study did not take place until 2023. This supplemental reflects the re-appropriation of these funds from 2022. Housing Fund The Housing Fund includes a number of additional requests for upcoming housing projects. This includes utilizing $3.9M of Vail InDeed funds for the predevelopment costs of West Middle Creek. These funds would be reimbursed to the InDeed program with future bond proceeds should financing be used to fund the project. Staff has also included a request to transfer $850,000 to the Timber Ridge Fund to begin the first phases of engineering and infrastructure. Originally this phase of the project was budgeted in full in 2024. This will utilize $500,000 of already budgeted funds placeheld for Timber Ridge predevelopment costs with an additional request of $350,000. Correspondingly, both the transfer from the Housing Fund and the capital expenditure of $850,000 are budgeted in the Timber Ridge Fund. Lastly, staff has included an increase in expenditures of $775,000 for the purchase of Pitkin Creek unit 14A approved by Council and purchased in September. The plan for this unit is to be sold to the community. A revenue offset from the sale of the unit for $625,000 has also been included. Timber Ridge Fund Since the 1st reading, staff has requested more information from Corum property management about the $7,000 request for tree trimming services. The additional tree trimming services occurred during the summer in response to a safety concern of large falling branches. Corum also went back and re-evaluated this request and has since decreased the request to $3,000. Heavy Equipment Fund Four police vehicles totaling $251,200 are scheduled and budgeted for replacement in 2024. Staff is requesting to move those funds forward to the 2023 budget to contract for them in December. The 1st supplemental of 2024 will include a corresponding decrease. Repeated from the first reading General Fund Updated Revenue Projections The 2023 budget included a conservative revenue approach due to uncertainty within the economy and an expectation that there would be a normalization in visitation. Based on year to date collections, revenue forecasts have been updated and are reflected within this supplemental. Revenue adjustments include the following: •An additional $348,000 for county sales tax collections. Year-to-date collections (January through September) total $1.2M compared to an annual budget of $1.1M. Revenues are tracking 30% ahead of budget and flat with prior year collections of 109 -3 - $1.5M. Staff is proposing to increase budgeted revenues for county sales tax collections to $1,538,000. •A $1,000,000 increase in interest income. During the past year interest rates have continued to rise. Across all the town’s funds, year-to-date interest earnings total $3.2M compared to a budget of $519K. Interest revenues across all funds are being proposed to increase by $2.8M and are included below within each corresponding fund. The Town is earning an average yield of 4% on its investments. •Annual county road and bridge revenue is forecasted at $782,523 compared to a budget of $753,826. Budgeted revenues reflect an increase of $28,697. •Staff has reflected $110,000 in short-term rental fine collections. Due to various noncompliance issues staff has issued 64 fines during 2023. In addition to the revenue increase adjustments listed above staff has included a reduction in revenue related to parking pass revenues. In order to provide a better customer service experience for locals while staff researches improvements to the parking pass sales software, staff waived the annual fee for Vail and Eagle County local passes for the 2023/2024 winter season for prior winter season pass holders. This has a projected $108,000 impact on 2023 parking revenues. In total, budget revenues in the General Fund are proposed to increase by $1,793,701. Aside from the revenue adjustments listed above, this total includes three reimbursements that will be directly offset by corresponding expenditures: •A total of $460,542 in state reimbursements for deployments to eight separate wildfires, with $381,919 of that covering the town’s personnel and travel costs and $78,618 for use of town vehicles and equipment during wildfire deployments. •An increase of $41,367 in budget reimbursements for Vail police contracted staff overtime, which includes events such as the Mountain Games and Oktoberfest. This will be offset by an increase in police staffing overtime expenditures. •$7,295 use of Friends of the Library funds which will be used for the library’s 40th anniversary Give magazine article ($1,595), increased costs for the Champagne celebration catering ($2,500), annual fall appeal mailings ($2,500), and participation in Dolly Parton’s early literacy program ($700). General Fund expenditures are proposed to increase by $1,671,368 of which $509,474 will be reimbursed listed above. The remaining $1,161,894, includes: •A total increase of $99,000 in bank and credit card processing fees related to the winter season (January- April) parking pass and daily parking sales. •A $2,000 contribution to the Castel Lodge to go towards their annual Toy Store. This contribution request was approved by the Council on 11/21. •$896,000 increase for the town’s legal and attorney fees for ongoing litigations and special projects. •$26,306 to master lease six Timber Ridge units and furniture for Town of Vail employees for the months of November and December. This will be partially offset by employee rent reimbursements based on the need for units. Budget adjustments for master lease payments for the months of January through April will be included in the 1st supplemental of 2024. •$14,588 for 2022 annual fire department physicals billed late in 2023. Staff is also requesting to transfer $80,000 in Community Development salary savings to be used for contract planning services due to staffing vacancies. This will have no net impact to the total budget. 110 -4 - Lastly, staff is requesting to transfer an additional $125,000 of funds from the General Fund to the Real Estate transfer tax fund for the Booth Heights parcel. The final rule and order included $125,000 of pre and post-judgment interest (101 days). After the rule and order was received, payment was made promptly to avoid any additional interest expense. The above adjustments to the General Fund 2023 budget result in a projected fund balance of $48.5 million by the end of 2023, or 82% of annual revenues. Over the next several years the General Fund fund balance is projected to decrease to as low as $20.4M to cash flow several large capital projects including the redevelopment of Tiber Ridge and Dobson ice arena. Capital Projects Fund Budgeted revenues will be adjusted by a total of $1,200,000. This includes $1,000,000 in interest earnings and a $200,000 increase in use tax collections based on YTD collections (through November 30th) of $2.1M compared to a budget of $2.0M. Capital Projects Fund expenditures are proposed to increase by a total of $30,000 for IT related projects including $15,000 for network upgrades that increased due to labor costs, $10,000 for website support for several projects including the real-time parking availability counter, and $5,000 for server processor maintenance due to price escalations. Staff anticipates that there will be savings in other IT capital projects that will offset these increases. Staff is also requesting to transfer $82,000 of savings from the Public Works Shops budget to Energy Enhancements project budget for four electric vehicle chargers and additional electrical infrastructure upgrades at the Public Works Shops which will allow for up to eight future chargers to be installed. The original Public Works budget included funds for four chargers only. All the above adjustments will result in an estimated fund balance of $22.2 million by the end of 2023. Real Estate Transfer Tax (RETT) Fund Budgeted revenues will be adjusted by an increase of $1,359,434. The majority of the adjustment is related to interest revenue of $585,000 in addition to a $600,000 increase in real estate transfer tax collections (RETT), increasing the annual budget from $7.0M to $7.6M. Although real estate sales have seen a slowdown compared to the past two years, year-to-date RETT collections of $7.5M have remained steady. To correspond with the increase in revenue, an additional $30,000 of real estate transfer tax collection fees will be paid to the General Fund. The remaining $204,434 of revenue adjustments will be directly offset by corresponding expenditures. This includes a grant from the International Association of Fire Chiefs for a short- term rental wildfire preparedness pilot program that took place this summer along with $7,500 in Art in Public Places (AIPP) donations used for the summer AIPP residency program. Revenue adjustments also include utilizing an additional $29,895 of bag fee collections to support the town’s Hard to Recycle event ($20,895) and to purchase a new recycling center catwalk ($9,000). The total cost of the catwalk is $16,500, and savings of $7,500 from the recycling haul budget will be utilized to purchase the catwalk. Lastly, staff has also included the $124,000 transfer from the General Fund to cover the pre-and post-judgment interest costs related to the purchase of Booth Heights. RETT fund expenditures are proposed to increase by $324,934 of which $204,434 will be reimbursed as listed above. The remaining $120,500 includes: 111 -5 - •An additional $96,500 for Ford Park masterplan consulting services. $42,009 was initially reflected as 2022 savings within this project; however, it is now being requested to be re- appropriated. An additional $52,991 is being requested to cover the expanded scope of the project, the extended timeline, soil samples, and surveys. •$24,000 for a second month of contract service for fundraising efforts for Booth Heights. The total cost of this contract was $48,000. All the above adjustments will result in an estimated fund balance of $8.4 million by the end of 2023. Housing Fund Budgeted revenues will be adjusted by an increase of $1,017,104. The majority of that ($1,000,000) is related to the Altus property settlement from employee housing unit violations. The remaining $17,104 reflects year to date employee housing fees in lieu collections which will be directly offset by an increase in expenditures allocated for buy-down funds. Housing Fund expenditures are proposed to increase by $217,104 of which $17,104 is related to the increase in buydown funds mentioned above. The remaining $200,000 is a transfer from the Housing Fund to the Residences at Main Vail Fund to cover the gap in rental income to cover start-up operating expenses. Additional information on this request is included under the Residences at Main listed below. The above adjustments will result in an estimated fund balance of $5.4 million by the end of 2023. Marketing Fund The Marketing fund reflects a $25,000 decrease in the revenue reimbursement from Vail Resorts for Vail Holidays and Revely Vail events. Based on Vail Resort’s contribution staff adjusted the scope of this event. During the 1st supplemental of 2023, staff reflected a reduction of $12,022 within the Ambient Events category to be instead transferred to the Capital Projects Fund to purchase an event tent. A reduction in Marketing Fund expenditures was included; however the transfer of funds was not. This supplemental reflects the transfer correction. Heavy Equipment Fund Budgeted revenues will be adjusted by a total of $39,000 of interest revenue based on year to date actuals. Heavy Equipment expenditures are proposed to increase by a total of $19,081. This includes $39,000 of interest earnings and $80,081 in insurance reimbursements received for three vehicle accidents. Budgeted expenditures are requested to increase by $227,702. This includes: •$71,108 is requested to cover cost increases for three Public Works and Facilities replacement vehicles. Over the past several years vehicle replacements have been significantly delayed due to availability. Vehicle replacement funds have been continually re-appropriated to hold funds until vehicles are in stock. Costs have increased substantially over that time period. 112 -6 - •$29,303 used to rent a backup generator this summer for the Transit Center while the main Transit Center generator was being repaired. •$62,555 for the replacement of A public Works vehicle that caught fire in 2022. The town may receive an insurance reimbursement for this vehicle later in the year. •$36,500 is requested to be moved forward from the 2024 to the 2023 budget to contract early of a Public Works F250 replacement vehicle in order to receive the vehicle as soon as possible. Staff will reflect a decrease in the 2024 budget during the first supplemental. In addition to the $26,500 staff is requesting an additional $23,436 for this vehicle due to cost increases. Health Insurance Fund Budgeted revenues will be adjusted by a total of $100,000 of interest revenue based on year to date earnings. Dispatch Services Fund Budgeted revenues will be adjusted by a total of $50,000 of interest revenue based on year to date earnings. Residences at Main Vail Fund Budgeted revenues reflect a decrease in rental revenue of $131,149. Tenant move in dates were staggered over a four week period, which was not originally included in rental projections. To offset the decrease in rental revenue, staff has requested to transfer $150,000 from the Housing Fund to offset the decrease in rental income to pay for 2023 operating and debt service costs. Timber Ridge Fund Budgeted revenues reflect a decrease in rental revenue of $51,000 due to vacancies for those tenants who moved to Residences at Main Vail. Budgeted expenditures are requested to increase by $129,400. As a result of the increased vacancies for tenants that moved to Residences at Main Vail, there were also some additional unexpected expenditures totaling $56,300 for increased cleaning fees, unit painting, flooring replacements, new appliances and trash hauling. The remaining $73,300 is requested for the following: •$33,300 related to a significant laundry room water leak. This includes leak mitigation and repairs to the laundry rooms. •$7,000 for additional tree trimming needed to not increase damage to the buildings. •$32,800 related to personnel expenditures. The majority of this increase relates to salary adjustments in order to up with market rate. Additionally, Corum had a staff member on paid leave that they needed to backfill with temporary staffing. 113 Proposed 2023 1st 2023 2nd 2023 3rd 2023 4th 2023 Budget Supplemental Amended Supplemental Amended Supplemental Amended Supplemental Amended Revenue Local Taxes:34,000,000$ 34,000,000$ 6,085,000$ 40,085,000$ 40,085,000$ 40,085,000$ Sales Tax Split b/t Gen'l Fund & Capital Fund 62/38 62/38 62/38 62/38 62/38 Sales Tax 21,080,000 21,080,000 3,772,700 24,852,700 24,852,700 24,852,700 Property and Ownership 6,070,789 6,070,789 6,070,789 6,070,789 6,070,789 Ski Lift Tax 5,895,506 5,895,506 339,044 6,234,550 6,234,550 6,234,550 Franchise Fees, Penalties, and Other Taxes 1,751,381 1,751,381 1,751,381 1,751,381 1,751,381 Licenses & Permits 2,728,134 2,728,134 300,000 3,028,134 3,028,134 3,028,134 Intergovernmental Revenue 2,856,946 130,500 2,987,446 164,914 3,152,360 3,152,360 837,239 3,989,599 Increase county sales tax ($348K) & road/bridge ($28.7K) based on YTD collections; Reimbursements for wildland deployments ($461K) Transportation Centers 7,769,724 7,769,724 916,776 8,686,500 8,686,500 8,686,500 Charges for Services 999,980 999,980 999,980 999,980 (36,633) 963,347 Increase RETT collection fees increase based on YTD ($30.0K); Increase PD Contract Overtime ($41.6K) offset by a decrease in local parking pass revenue for waived fees ($108K) Fines & Forfeitures 210,700 210,700 210,700 210,700 110,800 321,500 STR Fines ($111K) Earnings on Investments 150,000 266,026 416,026 416,026 416,026 1,000,000 1,416,026 Increase Earnings based on YTD revenues ($1.0M) Rental Revenue 1,415,002 30,645 1,445,647 16,840 1,462,487 1,462,487 1,462,487 Miscellaneous and Project Reimbursements 318,000 3,150 321,150 321,150 321,150 7,295 328,445 Recognize Friends of Library Donations ($7.3K)- see the corresponding increase in expenditures below Total Revenue 51,246,162 430,321 51,676,483 5,510,274 57,186,757 - 57,186,757 1,918,701 59,105,458 Expenditures Salaries 25,816,994 1,100,000 26,916,994 (349,818) 26,567,176 26,567,176 286,324 26,853,500 PD contract overtime ($41.6K); Wildfire deployment salaries ($245K) Benefits 8,592,954 200,000 8,792,954 24,354 8,817,308 8,817,308 97,875 8,915,183 Wildfire deployment benefits ($97.9K) Subtotal Compensation and Benefits 34,409,948 1,300,000 35,709,948 (325,464) 35,384,484 - 35,384,484 384,199 35,768,683 Contributions and Welcome Centers 284,134 10,000 294,134 294,134 294,134 2,000 296,134 Castle Lodge Toy Store 2023 contribution ($2.0K) Childcare Program Funding 250,000 250,000 250,000 250,000 250,000 All Other Operating Expenses 11,457,111 439,448 11,896,559 285,490 12,182,049 12,182,049 1,161,169 13,343,218 Wildfire deployment travel, meals, and vehicle use ($116K)- see reimbursement above; Increased bank processing fees for parking ($99.0K); Increased attorney and legal expenditures ($896K); Increased library expenditures offset by FOL donations ($7.3K); Master lease of 6 Timber Ridge Units for TOV employees ($26.3K); 2022 Vail Health physicals billed late ($14.6K) Heavy Equipment Operating Charges 2,999,890 2,999,890 33,806 3,033,696 3,033,696 3,033,696 Heavy Equipment Replacement Charges 1,101,105 1,101,105 1,101,105 1,101,105 1,101,105 Dispatch Services 669,317 669,317 669,317 669,317 669,317 Total Expenditures 51,171,505 1,749,448 52,920,953 (6,168) 52,914,785 - 52,914,785 1,547,368 54,462,153 Surplus (Deficit) from Operations 74,657 (1,319,127) (1,244,470) 5,516,442 4,271,972 - 4,271,972 371,333 4,643,305 TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE GENERAL FUND 7 114 Proposed 2023 1st 2023 2nd 2023 3rd 2023 4th 2023 Budget Supplemental Amended Supplemental Amended Supplemental Amended Supplemental Amended TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE GENERAL FUND One-Time Items: Federal Grants CRRSAA Transit Grant (Operating)- 337,234 337,234 337,234 337,234 337,234 American Rescue Plan Grant - (1,365,835) (1,365,835) (1,365,835) (1,365,835) (1,365,835) American Rescue Plan Initiatives - 1,365,835 1,365,835 1,365,835 1,365,835 1,365,835 Planning Projects VLMD Transfer for Destination Stewardship Mgmt. Plan 200,000 200,000 200,000 200,000 200,000 Destination Stewardship Mgmt. Plan (200,000) (30,319) (230,319) (230,319) (230,319) (230,319) Vail Vision (100,000) (100,000) (100,000) (100,000) (100,000) Civic Area/Dobson Master Plan (100,000) (100,000) (250,000) (350,000) (350,000) (350,000) West Vail Master Plan (100,000) (100,000) (100,000) (100,000) (100,000) Contributions Funded with Reserves Vail Chapel Capital Contribution - (500,000) (500,000) (500,000) (500,000) (500,000) ECO Trail- Eagle Valley Trail Contribution (Minturn)(100,000) (100,000) (100,000) (100,000) (100,000) Net Increase /(Decrease) due to One- Time Items: (400,000) (193,085) (593,085) (250,000) (843,085) - (843,085) - (843,085) Transfer to Marketing & Special Events Fund (1,500,000) (35,000) (1,535,000) (1,535,000) (1,535,000) (1,535,000) Transfer to Other Funds (1,200,000) (1,200,000) (411,349) (1,611,349) (5,568,348) (7,179,697) (124,000) (7,303,697) Transfer to RETT for Booth Heights Acquisition interest Surplus (Deficit) Net of Transfers and One-Time Items (3,025,343) (1,547,212) (4,572,555) 4,855,093 282,538 (5,568,348) (5,285,810) 247,333 (5,038,477) Beginning Fund Balance 53,512,085 53,512,085 53,512,085 53,512,085 53,512,085 Ending Fund Balance 50,486,742$ 48,939,530$ 53,794,623$ 48,226,275$ 48,473,608$ As % of Annual Revenues 99%95%94%84%82% EHOP balance included in ending fund balance - not spendable 1,526,018$ 16,396$ 1,542,414 1,542,414 1,542,414 1,542,414 8 115 Proposed 1st 2023 2nd 2023 3rd 2023 4th 2023 2023 Supplemental Amended Supplemental Amended Supplemental Amended Supplemental Amended Total Sales Tax Revenue:34,000,000$ 34,000,000$ 6,085,000$ 40,085,000$ 40,085,000$ 40,085,000$ Sales Tax Split between General Fund & Capital Fund 62/38 62/38 62/38 62/38 62/38 Sales tax split 62/38 Sales Tax - Capital Projects Fund 12,920,000$ 12,920,000$ 2,312,300$ 15,232,300$ 15,232,300$ 15,232,300$ Updated projections based on YTD actuals, with remainder of the year down 8% from PY; 2% down from 2022 in total Use Tax 2,000,000 2,000,000 2,000,000 2,000,000 200,000 2,200,000 Based on 5-year average; Increase based on YTD collections ($200K) Franchise Fee 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 2023: Utilize Franchise Fee for Holy Cross underground utilities project: 1% Holy Cross Franchise Fee approved in 2019; 2022-2035 based on 2% annual increase Federal Grant Revenue - 1,650,000 1,650,000 1,650,000 1,650,000 1,650,000 2023: Re-appropriation of $1.65M grant from Hickenlooper/Bennet federal grant award for two additional electric buses Other County Revenue - 111,333 111,333 111,333 111,333 111,333 2023: Re-appropriate $50K for VLMD reimbursement for Welcome Center displays; re-appropriate $61.2K grant for share of SOU robot Other State Revenue 250,000 4,171,158 4,421,158 4,421,158 4,421,158 4,421,158 2023: Re-appropriate $1.8M CDOT grant towards two electric buses; $2.1M CDOT grant for four electric buses; $255.7K CDOT grant for four electric bus chargers; $36K grant for electric car charging infrastructure Lease Revenue 164,067 164,067 164,067 164,067 164,067 Per Vail Commons commercial (incr. every 5 years); adjusted to remove residential lease revenue ($38K) Timber Ridge Loan repayment 462,999 462,999 462,999 462,999 462,999 2023: Payoff of TR Loan (originally budgeted to be paid off in 2028) Earnings on Investments and Other 67,348 67,348 7,500 74,848 74,848 1,000,000 1,074,848 2023: $7.5K Tesla rebate. 0.7% returns assumed on available fund balance; Increase based on YTD earnings on investments ($1.0M) Total Revenue 16,864,414 5,932,491 22,796,905 2,319,800 25,116,705 - 25,116,705 1,200,000 26,316,705 Facilities Facilities Capital Maintenance 590,000 590,000 590,000 590,000 590,000 2023: Fire Station II exhaust extraction system ($75K), Fire Station III Stucco patching/painting ($40K); library air handling replacement ($125), Bus barn gradient tube replacement ($50K); Municipal Complex Maintenance 205,000 1,531,398 1,736,398 1,736,398 1,736,398 1,736,398 2023: Re-appropriate $1.5M for TOV facility maint of which $750k will be used towards Muni Air Handling replacement; 2023: Comm Dev boiler replacement ($100K), Comm Dev air handler replacement ($75K) Building Energy Enhancement Projects 25,000 - 25,000 25,000 25,000 82,000 107,000 2023: Placeholder for energy enhancements specific to Town buildings; 800-amp electrical upgrades for EV-charging capability and four electric vehicle chargers at Public Works Shops ($82K). Public Works Building Maintenance 80,000 100,000 180,000 180,000 180,000 180,000 2023: Re-appropriated $100K to relocate furnace and partial exterior paint. $80k Window replacement Welcome Center/Grandview Capital Maintenance 25,000 313,000 338,000 338,000 338,000 338,000 2023: Re-appropriate $213K to complete replacement of Welcome Center Display upgrades; Re-appropriate $100K for furniture replacement Welcome Center Display Upgrades 13,000 - 13,000 13,000 13,000 13,000 2023: Welcome Center Display upgrades Employee Rental Units 2,500,000 2,281,958 4,781,958 4,781,958 4,781,958 4,781,958 2023: Re-appropriate $2.25M for TOV employee Rental Unit purchases; 2023 $2.5M Employee Rental Units purchases to Capital Fund Employee Rental Capital Maint 250,000 25,000 275,000 127,725 402,725 402,725 402,725 2023: Transfer $127.8K from housing fund for North Trail Townhomes #D for remodel; Re-appropriate $25K for Cap. Maint of TOV employee rental units. Transfer 2022 Capital maint budget for town owned rental units to Capital Fund Snowmelt Boilers Replacement 500,000 1,100,000 1,600,000 (10,000) 1,590,000 1,590,000 1,590,000 2023: Transfer $10K to RETT Fund for Snowmelt Feasibility study; Re-appropriate $1.1M for (3) BTU boiler replacements; $500k for TRC electric boiler replacements (2) Arabelle Snowmelt Boilers 190,000 190,000 190,000 190,000 190,000 2023: Shared expense with Arrabelle for streetscape heat; Boiler replacement Donovan Pavilion Remodel 25,000 25,000 25,000 25,000 25,000 2023: $25K annual capital maintenance budget Fire Sprinkler Upgrades at Bus Barn 100,000 100,000 100,000 100,000 100,000 2023-2024: Update Fire Sprinkler system in bus barn to accommodate needs of expanded electric bus fleet; 2023 includes $100K for design with $500K in 2024 for installation Public Works Shops Expansion - 257,037 257,037 257,037 257,037 (82,000) 175,037 2023: Re-appropriated $257K to pave the ring road on western side of project. Expansion and remodel of the Public Works shop complex as outlined in an updated public works master plan; Utilize project savings for 800-amp electrical upgrades for EV-charging capability and four electric vehicle chargers at Public Works Shops ($82K). Total Facilities 4,503,000 5,608,393 10,111,393 117,725 10,229,118 - 10,229,118 - 10,229,118 Parking Parking Structures 940,000 350,000 1,290,000 1,290,000 1,290,000 1,290,000 Re-appropriate VTC stair #5 replacement $300k and $50k ebike parking/charging. 2020-2035: Various repairs including deck topping replacement, expansion joint repairs, ventilation, HVAC, plumbing and other structural repairs Parking Entry System / Equipment - 243,708 243,708 283,190 526,898 526,898 526,898 2023: Re-appropriate $283.2K prepaid parking subscription funds to be amortized over subscription period; Re- appropriate $209K for ongoing costs of the new parking system; $35K additional parking system costs Lionshead Parking Structure Landscape Renovations (VRA) - 20,000 20,000 - 20,000 20,000 20,000 2023: Re-appropriate $20K to complete landscaping at the Lionshead parking structure Total Parking 940,000 613,708 1,553,708 283,190 1,836,898 1,836,898 1,836,898 Transportation TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND 9 116 Proposed 1st 2023 2nd 2023 3rd 2023 4th 2023 2023 Supplemental Amended Supplemental Amended Supplemental Amended Supplemental Amended TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND Bus Shelters 230,000 28,489 258,489 258,489 258,489 258,489 2023: Re-appropriate remaining budget to complete 4th shelter ($28K) Bus shelter annual maintenance Replace Buses - 9,846,643 9,846,643 9,846,643 9,846,643 9,846,643 2023: Re-appropriate $9.8M bus replacements, 6 anticipated in 2023 of which a portion of this is offset by grant reimbursements Bus Wash Equipment 300,000 300,000 300,000 300,000 300,000 2023: Replace Bus Wash System with simpler more reliable drive through brush system. Current system is six years old is consistently breaking down Bus Sign Replacement 165,270 165,270 165,270 165,270 165,270 2023: $165.3K for the replacement of 15 intown electric bus signage with Sunrise 2-line CDP. The current Daktronics signs are 9 years old and at the end of their useful life. The Sunrise signs give transit the ability to display real time bus arrival information, as well as post messages about route impacts and service changes riders may experience. Traffic Impact Fee and Transportation Master Plan Updates - 273,104 273,104 273,104 273,104 273,104 2023: Re-appropriate $273K for ongoing updates to the mobility and transportation master updates Hybrid Bus Battery Replacement - 165,000 165,000 165,000 165,000 165,000 2023: Re-appropriate $165k placeholder incase of failure Electric bus chargers and electrical service rebuild - 397,020 397,020 397,020 397,020 397,020 2023: Re-appropriate $397K for electric bus charging infrastructure Total Transportation 695,270 10,710,256 11,405,526 - 11,405,526 - 11,405,526 - 11,405,526 Road and Bridges Capital Street Maintenance 1,350,000 1,350,000 1,350,000 1,350,000 1,350,000 2023: Annual Capital street maint placeholder allocation includes asphalt and mill overlay ($575K) Street Light Improvements 75,000 290,000 365,000 365,000 365,000 365,000 2023: Re-appropriate street light replacements, town now has electrical supervisor to complete work $290K; Town-wide street light replacement Slifer Plaza/ Fountain/Storm Sewer - 70,714 70,714 70,714 70,714 70,714 2023: Re-appropriate $70.7k for water quality smell issues Vail Health / TOV Frontage Road improvements - 250,000 250,000 250,000 250,000 250,000 2023: Re-appropriate remaining expenses for roundabout project, landscape and signage $250K of which $235K will be reimbursed by the VRA with $15K reimbursed by Vail Health for the bus stop Neighborhood Bridge Repair 1,400,000 93,199 1,493,199 1,493,199 1,493,199 1,493,199 2023: Re-appropriate $93k for bridge repairs, project to be constructed this year. Repair two bridges on Bighorn Rd. $500K, one bridge on Nugget Lane at Gore Creek $450K, and one bridge on Lupine Drive at Gore Creek $450K. Seibert Fountain Improvements - 27,082 27,082 27,082 27,082 27,082 2023: Re-appropriate $27K for continued fountain upgrades Roundabout Lighting Project 1,750,000 50,000 1,800,000 150,000 1,950,000 1,950,000 1,950,000 2023: $150K contingency for roundabout lighting project. The 2023 budget includes $1.8M and proposes to install new lighting at the West Vail and Vail Town Center roundabouts. Current light poles will be replaced with 30' LED light poles and would incorporate smart transportation equipment such as traffic cameras Neighborhood Road Reconstruction 300,000 1,315,701 1,615,701 1,615,701 1,615,701 1,615,701 2023: Re-appropriate $1.3M for East Vail road draining improvements, to be constructed this year. 2023 includes additional $300K for increased construction costs for this project Vail Village Streetscape/Snowmelt Replacement 250,000 1,183,961 1,433,961 1,433,961 1,433,961 1,433,961 2023: Re-appropriate $1.2M Replacement of 18 yr. old streetscape and snowmelt infrastructure in Vail Village Lionshead Streetscape/Snowmelt Replacement (VRA)1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 2023-2024: Replacement of 18 yr. old streetscape and snowmelt infrastructure in Lionshead Total Road and Bridge 6,625,000 3,280,657 9,905,657 150,000 10,055,657 - 10,055,657 - 10,055,657 Technology Town-wide camera system 30,000 30,000 30,000 30,000 30,000 $30K Annual maintenance Audio-Visual capital maintenance 110,000 45,000 155,000 155,000 155,000 155,000 2023: Re-appropriate $45K for council chambers upgrade; 2023: Update of Grandview/Library/Community room/Donovan A/V systems Cybersecurity 150,000 150,000 150,000 150,000 150,000 Annual 'Investment in cybersecurity, to keeps up with the ongoing changes that are required to maintain a safe and secure computing environment (previously budgeted in software licensing); 2023: Includes additional firewall purchase Software Licensing 725,000 725,000 30,000 755,000 755,000 150,000 905,000 2023: Building OS Software $30K. Annual software licensing and support for town wide systems; $150K adjustment due to new government accounting statement for subscription based technology agreements Hardware Purchases 75,000 75,000 75,000 75,000 75,000 2023:$75K for workstation replacements (20-25 per year) Website and e-commerce 60,000 60,000 60,000 60,000 5,000 65,000 2023: Annual website maintenance ($60K); Expanded websire development support ($5K) Fiber Optics / Cabling Systems in Buildings 100,000 528,549 628,549 628,549 325,000 953,549 953,549 2023: Re-appropriate $528.5K for project implementation. Planning stage taking longer than anticipated; 2023: $100K Repair, maintain & upgrade cabling/network Infrastructure $50K; $325K increase in boring nad trenching contract costs Network upgrades 50,000 50,000 50,000 50,000 15,000 65,000 Computer network systems - replacement cycle every 3-5 years ($50K); Additional labor costs related to netowrk replacement ($15K) Data Center (Computer Rooms)150,000 150,000 150,000 150,000 10,000 160,000 2023: $150K data center maint; Additional server processor required maintenance ($10K) Broadband (THOR)110,000 110,000 110,000 110,000 110,000 2023/2024: $110K annual broadband expenses Phone System 100,000 100,000 100,000 100,000 100,000 2023: Avaya phone system upgrade/replacement ($100K) Business Systems Replacement 70,000 55,000 125,000 125,000 125,000 125,000 2023: Re-appropriate $55K for HR Performance mgmt. system; 2023: Placeholder for Budget Software ($40K); $30K every other year for parking system upgrades Total Technology 1,730,000 628,549 2,358,549 30,000 2,388,549 325,000 2,713,549 180,000 2,893,549 Public Safety 10 117 Proposed 1st 2023 2nd 2023 3rd 2023 4th 2023 2023 Supplemental Amended Supplemental Amended Supplemental Amended Supplemental Amended TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND Public Safety IT Equipment 150,000 150,000 150,000 150,000 150,000 Annual Maint/Replacement of PD IT Equipment including patrol car and fire truck laptops and software used to push information to TOV and other agencies; TOV portion of annual Intergraph software maintenance; Public Safety Equipment 281,548 156,147 437,695 437,695 48,363 486,058 486,058 2023: $17.1K for flock safety LPR cameras; $14.8K for 11 additional AED units, $32.2K Axon body camera equipment- annual cost. Reappropriate SOU robot, received in 2023 $92k. Acquisition of two police K9s ($41K) and associated vehicle modifications ($7k) Purchase of two sniper rifles for the SOU ($20K) Fire Safety Equipment - 15,000 15,000 15,000 15,000 15,000 2023: Re-appropriate backordered equipment, $15K Thermal Imaging Cameras - 12,000 12,000 12,000 12,000 12,000 For the purchase of 3 cameras (2019,2020,2022) which will allow firefighters to see through areas of smoke, darkness, or heat barriers Event Equipment - 12,022 12,022 12,022 88,273 100,295 100,295 2023: Apres event tent $12K funded by transfer from Marketing Fund. Event trailer and moveable barricades to provide barriers for vehicle entry into event areas. $88k for the purchase of "Santa's Village" funded by a transfer from the marketing fund. Fire Station Alert System 18,000 18,000 18,000 18,000 18,000 2023: $18K for additional forcible entry training prop reducing need for East Vail crew to travel to West Vail for this type of training; Fire Truck Replacement 540,000 1,727,162 2,267,162 2,267,162 2,267,162 2,267,162 2023: Re-appropriate $1.7M for ladder truck replacement under contract. 2023: Type III Truck (heavy wildland engine); 2022: Move $166.3K from 2023 to order Type 6 Brush truck to be delivered in 2023; $540K for replacement of Engine I purchased in 2011 (Truck was ordered in 2022 but unable to be delivered) Total Public Safety 989,548 1,922,331 2,911,879 - 2,911,879 136,636 3,048,515 - 3,048,515 Community and Guest Service Children's Garden of Learning Temporary Facility Relocation - 82,165 82,165 82,165 82,165 82,165 2023: Re-appropriate $82K to complete on-going east slope work Pepi's Memorial - 6,000 6,000 6,000 6,000 6,000 2023: Re-appropriate $6K for artist design of Pepi's Memorial in Pepi's Plaza; Construction currently not budgeted Loading and Delivery Capital 200,000 50,000 250,000 250,000 250,000 250,000 2023: Reappropriate $50k to cover potential increased costs of EV Carts; $200K Capital asset purchases to support the loading and delivery program Energy Enhancements 40,000 48,912 88,912 88,912 88,912 88,912 2023: Reappropriate $18.9K for EV Charging infrastructure; $40K Installation of EV stations to meet increased demand. There is potential for grants to offset the initial capital cost of the equipment and installation Pedestrian Safety Enhancements 350,000 16,213 366,213 366,213 366,213 366,213 2023: Re-appropriate $16K for lighting crossing at Safeway; $350K Construction of RRFB Pedestrian Crossing at Safeway Bollard Installation Project 650,000 650,000 650,000 650,000 650,000 Installation of retractable and standard bollards throughout the Vail & Lionshead Villages and Ford Park ($650K) offset by $250K MMOF Grant in 2023; possible future grant opportunities in 2024/2025 Civic Area Redevelopment - Dobson 1,000,000 57,000 1,057,000 4,000,000 5,057,000 5,057,000 5,057,000 2023: $4.0M for Dobson redevelopment, reimbursed by VRA; Re-appropriate $57K for Dobson and lot 10 park designs; 2023: $1.0M placeholder for Civic Center projects. Underground Utility improvements 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2023: Underground HCE from Main Vail to East Vail in conjunction with fiber conduit ($2.5M) Guest Services Enhancements/Wayfinding 750,000 152,907 902,907 902,907 902,907 902,907 2023: Re-appropriate $153K to for wayfinding sign project, final vendor decision pending. 2023: Updated Parking and Transit signage ($750K) Electric Vehicle Pilot Program 120,000 120,000 7,500 127,500 127,500 127,500 2023:$7.5k towards electric vehicle purchases, offset by Tesla rebate (corresponding reimbursement above). Purchase Ford F150 Lightning and Sedan Tesla Model 3 to support Council's goal of an electric vehicle fleet. These vehicles would be rotated into for departments to test capabilities and range. Vehicle Expansion 342,000 166,418 508,418 508,418 508,418 133,000 641,418 2023: Re-appropriate $139K for 2 PD expansion cars, due to order timing; $26K increase in cost for 2 PD Cars. 2023: 5 PD take-home vehicles ($342); Parking Department Nissan Leaf ($33K); Final 2 vehicles for PD takehome program budgeted in 2024 but requested to order in 2023 Total Community and Guest Service 5,952,000 579,615 6,531,615 4,007,500 10,539,115 - 10,539,115 133,000 10,672,115 Total Expenditures 21,434,818 23,343,509 44,778,327 4,588,415 49,366,742 461,636 49,828,378 313,000 50,141,378 Other Financing Sources (Uses) Debt Service Payment (1,154,784) (1,154,784) (1,154,784) (1,154,784) (1,154,784) Annual Debt Payment for PW Shops Transfer from Vail Reinvestment Authority 2,550,000 531,546 3,081,546 4,000,000 7,081,546 7,081,546 7,081,546 2023: $4.0M placeholder for Dobson renovation; $1.5M Streetscape/Snowmelt Replacement, $1.0M Civic Area Plan, $20K Lionshead parking Landscaping, $235K to complete Frontage Rd Improvements ($250K less $15K reimbursement from Vail Health), $82K to complete CGL boulder wall Transfer to Residences at Main Vail (825,000) (4,925,444) (5,750,444) (5,750,444) (5,750,444) (350,000) (6,100,444) 2023: Re-appropriate transfer to Residences at Main Vail Fund for funding beyond bond proceeds and to cover annual debt service payments; $350K increase in transfer to RMV for potential billing discrepancies Transfer to Housing Fund (2,500,000) (2,500,000) (2,500,000) (2,500,000) (2,500,000) 2023: $2.5M for Vail InDeed Transfer from Marketing Fund 12,022 12,022 12,022 88,273 100,295 100,295 Transfer from Marketing Fund for Après Tent, $88K transfer from the Marketing Fund for "Santa's Village" Transfer from General Fund - - - 48,363 48,363 48,363 Transfer from Police Seizure Funds to cover K-9 acquistions ($41K) and K9 Vehicle mods (7K) Total Other Financing Sources and Uses (1,929,784) (4,381,876) (6,311,660) 4,000,000 (2,311,660) 136,636 (2,175,024) (350,000) (2,525,024) Revenue Over (Under) Expenditures (6,500,188) (21,792,894) (28,293,082) 1,731,385 (26,561,697) (325,000) (26,886,697) 537,000 (26,349,697) 11 118 Proposed 1st 2023 2nd 2023 3rd 2023 4th 2023 2023 Supplemental Amended Supplemental Amended Supplemental Amended Supplemental Amended TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND Beginning Fund Balance 20,581,198 47,872,973 47,872,973 47,872,973 47,872,973 Ending Fund Balance 14,081,010 19,579,891 21,311,276 20,986,276 21,523,276 12 119 Proposed 1st 2023 2nd 2023 3rd 2023 4th 2023 2023 Supplemental Amended Supplemental Amended Supplemental Amended Supplemental Amended Revenue Real Estate Transfer Tax 7,000,000$ 7,000,000$ 7,000,000$ 7,000,000$ 600,000$ 7,600,000$ 2023: Based on 5-year average; Increase based on YTD collections ($600K) Golf Course Lease 173,417 173,417 173,417 173,417 173,417 Annual lease payment from Vail Recreation District; Rent income funds the "Recreation Enhancement Account" below Intergovernmental Revenue 300,000 428,000 728,000 25,000 753,000 425,000 1,178,000 1,178,000 2023: $25K CWCB contribution for 2 Year Stream Bank Setback Project. $55K from Eagle County for wildfire mitigation; Reappropriate $575K ERWSD reimbursement for Dowd Junction retaining wall project; ECO Trails $150K reimbursement for Dowd Junction; $50K for shift bike program ($22K to reimburse TOV remainder for county-wide program);$22.5K CPW bear education grant Project Reimbursements 50,000 50,000 50,000 50,000 13,039 63,039 2023: $50K Nature Conservancy Grant to implement fuels treatment projects; Additional Nature Conservancy Grant funds for Staff time ($9.2K); IAFC Stay Wildfire Ready STR Prepardness program pilot reimbursement ($3.8K) Donations - 13,221 13,221 13,221 13,221 58,500 71,721 2023: $13.2K Re-appropriate unused East West donation for Ford Park art space; $7.5K in donations to be used for Artist in Residency program; $3.0K in donations for Sole Power Program; Recognize $48K in donations for Booth Heights fundraising contract Recreation Amenity Fees 10,000 10,000 10,000 10,000 10,000 $10K annually Earnings on Investments and Other 89,176 89,176 89,176 89,176 614,895 704,071 2023: $40K use of bag fees for two hard-to-recycle events and one Town Clean Up Day; $30K Bag fee for plastic bag expansion in compliance with state policy; 2023 0.4% interest rate assumed; Increase earnings on investments based on YTD earnings ($585K); Utilize additional $20.9K of bag fee for hard to recycle ents; Utilize $9.0K of bag fee towards recycling center catwalk replacement Total Revenue 7,622,593 441,221 8,063,814 25,000 8,088,814 425,000 8,513,814 1,286,434 9,800,248 Expenditures Management Fee to General Fund (5%)350,000 350,000 350,000 350,000 30,000 380,000 5% of RETT Collections - fee remitted to the General Fund for administration; Increase based on YTD collections ($30K) Wildland Forest Health Management 669,272 669,272 48,748 718,020 718,020 718,020 2023: Transfer from GF for compensation study adjustments $98.7K, Transfer Forest Health funds to Nature Conservancy Fuels Reduction ($50K). Transfer from GF for wages/benefits; Operating budget for Wildland Fire crew; 2022 includes additional 2.3 FTE Wildfire Mitigation 20,000 55,000 75,000 75,000 75,000 75,000 2023: $55K mitigation paid for by Eagle County; 2023: $20K annually to support wildfire mitigation projects as identified in the 2020 Vail Community Wildfire Protection Plan; NEPA for East Vail Hazardous Fuels Reduction 50,000 50,000 20,000 70,000 70,000 70,000 2023: $20K NEPA fuels reduction budget correction; Complete the NEPA analysis for the East Vail Hazardous Fuels Reduction Project. This is a project which council has already voted to support, it consists of hazardous fuels reduction on USFS lands from East Vail to Red Sandstone Road Nature Conservancy Fuels Reduction - 50,000 50,000 50,000 9,158 59,158 $50K to implement fuels treatment projects reimbursed by a Nature Conservancy grant; Use savings from grant funds towards wildland PPE ($9.2K) Short-Term Rental Prepardness Pilot Program - - - - 3,881 3,881 2023: $3.8K for short-term rental wildfire prepardness pilot program, reimbursed by IAFC Stay Wildfire Ready grant Fire Free Five - Rebate program 225,000 30,000 255,000 255,000 255,000 255,000 2023: Roll forward unused Fire Free Five rebates unused in 2022 $30K. 2023: $200K annually for the Fire Free Five Community Assistance Program provides funding to community members for the implementation of defensible space within the first five feet of the building; $25K to create publication to assist homeowners with implementation Fire Free Five - TOV Implementation 150,000 45,617 195,617 195,617 195,617 195,617 2023 roll forward unused Fire Free Five- TOV facilities budget $46K; $150K Fire Free Five implementation at TOV facilities Total Wildland 1,114,272 130,617 1,244,889 118,748 1,363,637 - 1,363,637 13,039 1,376,676 Parks Annual Park and Landscape Maintenance 2,234,540 2,234,540 98,115 2,332,655 2,332,655 2,332,655 2023: $73.1K transfer from GF for compensation study adjustments; $25k transfer from street furniture project to purchase flower planters. Ongoing path, park and open space maintenance, project mgmt. Park / Playground Capital Maintenance 160,000 160,000 18,747 178,747 178,747 178,747 2023: Transfer $18.7K from Tree Maintenance for increased costs of landscaping work at multiple locations around town; Annual maintenance items include projects such as playground surface refurbishing, replacing bear-proof trash cans, painting/staining of play structures, picnic shelter additions/repairs, and fence maintenance Pepi's Plaza 50,000 50,000 52,000 102,000 102,000 102,000 2023: $52K Pepi's Tribute increase to meet bid cost; Placeholder for artist inspired tribute at Children's Fountain Fountain Repairs 50,000 50,000 50,000 50,000 50,000 2023: Children's Fountain Water Quality Mayors Park Capital Maintenance - 2,500 2,500 2,500 2,500 2,500 2023: Re-appropriate $2.5K to replace drinking fountain at Mayors Park. 2022: $50K Replace flagstone at Mayors Park Tree Maintenance 75,000 75,000 (18,747) 56,253 56,253 56,253 2023: Transfer $18.7K to park maintenance for landscaping work; $75K On going pest control, tree removal and replacements in stream tract, open space, and park areas Street Furniture Replacement 85,000 70,000 155,000 (25,000) 130,000 130,000 (52,991) 77,009 2023: $25k transfer from furniture funds to parks operations for new flower planters; Re-appropriate $70K to replace blue Covid picnic tables with a more aesthetically pleasing option. Annual street furniture replacement ($85K); Utilize $53K of street furniture savings for Ford Park Master Plan Village Art Landscape Enhancements 135,000 44,364 179,364 179,364 179,364 179,364 2023: Re-appropriate $8.4K for landscape enhancements to areas around the 10th Mtn. Statute and Covered bridge areas; $36K increase for areas around the 10th Mtn Statue and Covered Bridge. 2023: Landscaping Enhancement of 10th Mtn Statue Site ($75K) and planting bed near Squash Blossom ($25K); Landscaping and excavation for "Male Baseball Player #1" donated sculpture on the upper playing fields of Ford Park ($35K). Stephens Park Safety Improvements - 15,000 15,000 15,000 15,000 15,000 2023: Re-appropriate $15K playground equipment TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX 13 120 Proposed 1st 2023 2nd 2023 3rd 2023 4th 2023 2023 Supplemental Amended Supplemental Amended Supplemental Amended Supplemental Amended TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX Ford Park Master Plan - 72,292 72,292 72,292 72,292 96,500 168,792 2023: Carryforward $72k for ongoing consultant fees. Council approved contract with WRT 6/22. Master Plan Revisions/Updates to address several proposed modifications including the Vail Nature Center, an indoor tennis/pickleball facility, BFAG expansion, conversion of fields to turf; Increase $91K to cover cost increase and correction; Re-appropriate $43.5K from 2022 for Ford Park Master Plan and utilize savings of $53K from street furniture budget for consulting fees due to extended timeline of project and extended project scope and($96.5K) Ford Park- Betty Ford Way Pavers - 116,507 116,507 116,507 116,507 116,507 2023: Re-appropriate $116K for remaining project costs under contract; Construction of new concrete unit paver roadway, new steel guardrail, stream walk intersection improvement, and landscaping improvements. This project would be coordinated with BFAG Ford Park Enhancement: Priority 3 Landscape area - 5,946 5,946 5,946 5,946 5,946 2023: Re-appropriate $5.9K for landscaping at the Nature Center bridge Ford Park Playground Improvements 50,000 193,361 243,361 243,361 243,361 243,361 2023: Re-appropriate $193K for completion of safety improvements to the Ford Park play area; Safety Improvements to the Ford Park play area including wooden bridge to boulder area, expansion to toddler area, ADA upgrades, and replacement of a safety net; 2023: Add $50K to 2022 Budget for increased costs Ford Park Lighting Control System - 180,000 180,000 180,000 180,000 180,000 2023: Re-appropriate $180k to complete active contract to replace Ford Park lighting control system 2022; Current system is over 10 yrs. Old Sunbird Park Fountain Repairs - 3,430 3,430 3,430 3,430 3,430 2023: Re-appropriate $3.4K for final bills Vail Transit Center Landscape - 20,000 20,000 20,000 20,000 20,000 2023: Re-appropriate $20K for completion of landscaping at Vail transit center Turf Grass Reduction - 220,000 220,000 220,000 220,000 220,000 2023: $220K continuation of turf grass reduction projects at Red Sandstone Underpass, Municipal Bldg. Frontage, and Main Vail Perimeter Areas Kindell Park/Mill Creek 100,000 149,862 249,862 249,862 249,862 249,862 2023 : Re-appropriate $150k for improvements to heavily worn stream tract between Hanson Ranch Rd and Pirateship park - project is in design; 2023: riparian planting and improved pedestrian circulation along Mill Creek corridor ($100K) Donovan Park Improvements 150,000 57,000 207,000 207,000 207,000 207,000 2023: Re-appropriated $57K for relandscaping on Donovan Park parking lot islands project is under contract; 2023: Replacement of play area decks and some equipment 2022 Gore Creek Promenade Rehabilitation 55,000 353,897 408,897 408,897 408,897 408,897 2023: Re-appropriate $354K for ongoing project, slated for fall 2023. Planning, design, and rehabilitation of the Gore Creek Promenade caused by excessive guest visitation. Project would include expansion of heated paver walkways, ground-level wood picnic deck, artificial lawn area, landscape enhancements, and a stream walk connection to the Covered Bridge Pocket Park Total Parks 3,144,540 1,504,159 4,648,699 125,115 4,773,814 - 4,773,814 43,509 4,817,323 Rec Paths and Trails Rec. Path Capital Maint 165,000 7,242 172,242 172,242 172,242 172,242 2023: Re-appropriate $7.2K for Capital maintenance of the town's recreation path system; annual maintenance of the rec. path system $165K. 2022: $74K for amphitheater bridge railings and decking; $85K for annual Capital maintenance of the town's recreation path system Bike Safety 10,000 6,473 16,473 16,473 16,473 16,473 2023: Re-appropriate $6.5K for ongoing bike signage project; $10K annual cost for bike safety programs Bike Path Signage 25,000 23,016 48,016 48,016 48,016 48,016 2023 Re-appropriate $23K for ongoing trail signage project. 2022-2023: Bike Path Signage: Enhancement of existing trail signage to improve etiquette, safety and wayfinding Pedestrian Bridge Projects 100,000 233,151 333,151 333,151 333,151 333,151 2023: Re-appropriate $233K for rehab of the pedestrian overpass. 2022-2027: Systematic rehabilitation or replacement of 5 pedestrian bridges. 2022: Donovan Park, Pedestrian Overpass East Vail Interchange Improvements - 209,443 209,443 209,443 209,443 209,443 2023: Re-appropriate $209K to continue East Vail interchange project, awaiting CDOT project completion to move forward; 2022: $209K to continue East Vail interchange project Dowd Junction repairs and improvements - 767,126 767,126 767,126 533,000 1,300,126 1,300,126 2023: Re-appropriate $767K to continue Re-stabilization of Dowd Junction retaining wall; Repairs to culverts, drainage, and preventative improvements; project in cooperation with Eagle River Water and Sanitation; offset with reimbursement of $300K, reimbursement from ERWSD (above); increase project budget $533K Portalet Enclosures 38,000 38,000 38,000 38,000 38,000 2023: Design and Construct screening/enclosures on trailhead port-a-lets Booth Lake Trailhead Parking Restroom - 194,667 194,667 194,667 194,667 194,667 2023: Re-appropriate $195K for ongoing Installation of permanent restroom at Booth Lake trailhead for hikers; to be completed in spring '23 Total Rec Paths and Trails 338,000 1,441,118 1,779,118 - 1,779,118 533,000 2,312,118 - 2,312,118 Recreational Facilities Golden Peak Pickleball Sound Barriers 23,500 23,500 23,500 23,500 23,500 2023: Install Acoustic blocking panels on north and west fence sections Nature Center Operations 109,373 109,373 109,373 109,373 109,373 Nature Center operating costs(Contract with Walking Mountains) Nature Center Redevelopment - 383,522 383,522 383,522 383,522 383,522 2023: Re-appropriate $383.5K for further planning and design for a nature center remodel; Nature Center Construction is currently unfunded Total Recreational Facilities 132,873 383,522 516,395 - 516,395 - 516,395 - 516,395 Environmental Environmental Sustainability 692,829 692,829 168,164 860,993 860,993 20,895 881,888 2023: $18.2K Transfer from GF for compensation study adjustments. Annual operating expenditures for Environmental department (4.25 FTEs); includes $40K for Clean up day, professional dues to organizations such as CC4CA, Climate Action Collaborative, etc.; $12k Sustainability intern, $10K Waste Education Intern paid for with bag fees; $20.9K transfer from GF for salary/benefits; $10.9K of additional funds for Clean-up Day; Use $20.9K additional bag fee funds for hard to recycle events 14 121 Proposed 1st 2023 2nd 2023 3rd 2023 4th 2023 2023 Supplemental Amended Supplemental Amended Supplemental Amended Supplemental Amended TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX Recycling and Waste Reduction Programs 222,000 86,500 308,500 308,500 308,500 (7,500) 301,000 2023: Re-appropriate $22.5K for ongoing Love Vail contract with Vermilion; reappropriate $30K for Ball Cup event program delayed by supply chain issues; reappropriate $15K for curbside compost pilot program expansion; reappropriate $18K for compost pilot for rebates for businesses; reappropriate $1K from Green Team for idling campaign. 2023: Actively Green($40K), Plastic Bag Expansion funded with bag fees ($30K), C&D Pilot ($5K), C&D Residential Phase 3 ($15K); C&D Commercial Phase 2 ($30K); Green Team ($2.5M), Love Vail website ($25K), Recycling hauls($25K), Farmers Market Zero Hero ($42K); Recycling Education ($7.5K)022: Use $15K bag fee collections for waste intern, reusable bags and market compost program. Re-appropriate $20.3K for pilot compost program through April 2022; Actively Green($40K), Ball Cup Program ($30K), Bus Recycling Challenge ($13K), C&D Pilot ($5K), Green Team ($2.5M), Love Vail website ($20K), Recycling hauls($25K), Compost Program Phase 2 ($45K), Farmers Market Zero Hero ($42K); Recycling Education ($17.5K); Use recycling center haul savings towards recycling center catwalk replacement ($7.5K) Recycling Center Catwalk Replacement - - - - - - - 16,500 16,500 2023: Catwalk replacement at recycling center ($16.5K) - Funded by $9K of bag fees and $7.5K of recycling center haul savings Ecosystem Health 212,500 368,500 581,000 581,000 581,000 581,000 2023: Re-appropriate $175k for Down Junction safe passage project, $150k for Biodiversity Study; $43.5K for bear education program partnership with CPW; 2023:$15K for Vail to host CO Communities for Climate Action retreat; Strategic Plan Completion ($10K), SD Contract ($25K), Trees for Vail ($7.5K), USFS Front Ranger Program ($55K); Wildlife Habitat Improvements ($100K); 2022: $175K placeholder for Dowd Junction wildlife crossing (partnership with CDOT); $14.7K for CO Communities for Climate Action retreat and $27K for partnership with Zinc Media for Sustainable Travel, CC4a ($3K), Biodiversity Study ($150K), Strategic Plan ($10K), SD Contract ($18K), Trees for Vail ($5K), USFS Front Ranger Program ($33K), Wildlife Habitat Improvements ($102.5K); Energy & Transportation 58,500 10,000 68,500 10,000 78,500 78,500 28,000 106,500 2023: $10K Requested for Snowmelt feasibility study to use recaptured energy. Request to expand scope for solar study $10k. 2022-2024 Annual expenditures: Energy Smart Partnership contract ($40K), EV Planning and analysis ($8K), Sole Power ($7.5K); 2022: Energy Smarts ($40K), Sole Power ($7.5K), Energy Outreach Programs ($7.5K); 2023: Energy Smarts ($40K), Sole Power ($7.5K), Energy Outreach Programs ($10.0K); EV Share Event ($1K); Sole Power Prizes funded by donations; Re- appropriation of 2022 funds allocated and approved for solar feasability study ($25K) E-Bike Programs 273,000 28,000 301,000 4,185 305,185 305,185 305,185 2023: $4.2k to replace stolen Ebike for essentials bikes. Ebike grant funds allocated to Eagle County organizations for shift bike program $28K;: E-Bike Share$225K; E-Bike Ownership program ($18K); $15K for E-Bike Rebate program E-Bike Share Infrastructure 54,000 54,000 54,000 54,000 54,000 E-Bike Share Infrastructure- Gravel pads and bike racks Streamtract Education/Mitigation 50,000 6,452 56,452 56,452 56,452 56,452 2023: Re-appropriate $5.9K for continuation of "ten feet for the creek" campaign, $500 reimbursement for sustainable landscape. 2022: $50K annual streamtract education programming such as "Lunch with Locals" landscape workshops, City Nature Challenge and storm drain art Water Quality Infrastructure - 1,905,064 1,905,064 (150,000) 1,755,064 1,755,064 1,755,064 2023: Re-appropriate $1.9M for water quality infrastructure Streambank Mitigation 75,000 72,983 147,983 147,983 147,983 147,983 2023: Re-appropriate $73K to contract consultant and purchase plants for riparian project along the Gore Creek through the Golf Course. 2023: Continuation of Riparian Site specific construction projects for Water Quality Strategic Action Plan Private Streambank Mitigation Program - 118,208 118,208 118,208 118,208 118,208 2023: Re-appropriate to continue private streambank mitigation program $118K Booth Heights Open Space - 12,000,000 12,000,000 12,000,000 5,543,985 17,543,985 148,000 17,691,985 2023: Re-appropriate offer to Vail Resorts for the purchase of the Booth Heights Parcel ($12M); $5.5M increase in acquisition cost of Booth Heights transferred from GF; $24K for fundraising contract; Increase in acquisition cost ($124K) and Open Space Fundraising Cost ($24K) Gore Creek Interpretive Signage 25,000 285,150 310,150 310,150 310,150 310,150 2023: Re-appropriate $190K for watershed map and installation at the Gore Creek Promenade; $95K requested increase in cost for material/labor costs higher than anticipated. Total Environmental 1,662,829 14,880,857 16,543,686 32,349 16,576,035 5,543,985 22,120,020 205,895 22,325,915 Art Public Art - Operating 165,888 - 165,888 7,632 173,520 173,520 7,500 181,020 2023: $7.6K transfer from GF for compensation study adjustments. Art in Public Places programming and operations; $7.5K for Artist in Residency consultant from donations Public Art - General program / art 60,000 375,167 435,167 - 435,167 435,167 435,167 2023: Re-appropriate $375K to purchase sculptures, artwork, art programs and events; the remainder is re-appropriated each year to accumulate enough funds. Public Art - Winterfest 30,000 59,885 89,885 - 89,885 89,885 89,885 2023: Re-appropriate $60K for annual Winterfest program; 2023: $30K Winterfest budget. 2022: $64.7K for annual Winterfest programming Seibert Memorial Statue - 12,192 12,192 - 12,192 12,192 12,192 2023: Reappropriate $12.7K for Pete Seibert Memorial statue maintenance. 2022: $12.7K for Pete Seibert memorial statue maintenance Art Space - 863,048 863,048 - 863,048 863,048 863,048 2023: Re-appropriate $863k for design phase for Ford Park art space- see corresponding donation from East West above. Rebuilding of designated Art Space Studio in Ford Park using $250K of existing AIPP funds. 2022: Design phase for Ford Park art space- see corresponding donation from East West above; 2022: $850K Rebuilding of designated Art Space Studio in Ford Park using $250K of existing AIPP funds Total Art 255,888 1,310,292 1,566,180 7,632 1,573,812 - 1,573,812 7,500 1,581,312 Community Council Contribution: Betty Ford Alpine Garden Support 76,888 76,888 76,888 76,888 76,888 Annual operating support of the Betty Ford Alpine Gardens; annual increase to follow town's general operating annual increase Council Contribution: Eagle River Watershed Support 42,000 42,000 42,000 42,000 42,000 Annual support of the Eagle River Watershed Council programs Council Contribution: Trail Alliance 17,500 17,500 17,500 17,500 17,500 Adopt A Trail Council Contribution for trails in or bordering the Town Total Contributions 136,388 - 136,388 - 136,388 - 136,388 - 136,388 15 122 Proposed 1st 2023 2nd 2023 3rd 2023 4th 2023 2023 Supplemental Amended Supplemental Amended Supplemental Amended Supplemental Amended TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX VRD-Managed Facilities & Maintenance Recreation Enhancement Account 173,417 181,507 354,924 354,924 354,924 354,924 Annual rent paid by Vail Recreation District; to be re-invested in asset maintenance ($181.5K) Recreation Facility Maintenance 22,000 22,000 44,000 44,000 44,000 44,000 2023: Reappropriate $22K for contingency; Annual $22K for general RETT facility maintenance; Synthetic Turf Replacement 472,000 472,000 472,000 472,000 472,000 2023: $472K Replacement of Ford Park Synthetic Turf Infield originally installed in 2012 and past it's useful life of 7 years. Golf Clubhouse 31,295 38,595 69,890 69,890 69,890 69,890 2023: Re-appropriate $39K for completion of Golf Clubhouse projects. 2023: Concrete walkways ($12.4K), Drain pains/curb gutters ($18.9K); 2023: Concrete walkways ($12.4K), Drain pains/curb gutters ($18.9K) Athletic Field Restroom/Storage Building - 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 2023 :Re-appropriate $1M for the replacement of existing restroom/concession with new 2000 sq. ft. restroom/storage building. Project was delayed to address additional needs outlined in the Ford Park Master Plan Golf Course - Other 236,874 188,231 425,105 425,105 425,105 425,105 2023: Re-appropriate $188K for completion of golf course projects. 2023: $216K for golf course greens project; VRD shared cost for 1st hole Timber Path planking ($38.0K), asphalt repairs ($3.3K) Dobson Ice Arena 41,085 604,649 645,734 645,734 645,734 645,734 2023: Rockwall Repairs ($12.5K), Grading and Drainage ($7.8K), brick pavers ($14K), and central Air Handlers ($10.4K); 2021: Re- appropriate $110.7K for paver and roof repairs; Changing Rooms ($78.8), windows replacement ($74.3), heat pumps ($6.3K), rebuild of electrical system ($144.2K), boiler room upgrades ($55K), steel gate ($14.3K), exterior lighting ($22.9), exterior wood trim ($9.3K); Repairs to exterior doors ($80.0K) Ford Park / Tennis Center Improvements - 172,124 172,124 172,124 172,124 172,124 2023: Reappropriate Wood Siding ($3.9K); Concession/Restroom siding ($12.9K); Drainage-previously budgeted in 2023 ($13.3K); Exterior Doors- previously budgeted in 2023 ($4.6K); Repair exterior doors ($9.6K); replace furnace, hot water tank, baseboards ($47.8K), replace windows ($24K); Pickleball Feasibility Study ($10K); reappropriate deferred maintenance ($46K) Athletic Fields - 239,226 239,226 239,226 239,226 239,226 2023: Re-appropriate $239K for Grading and drainage repairs ($136.9K), paint wood trim ($4.5K), paint wood structure ($6.8K); Gymnastics Center 20,000 271,345 291,345 291,345 291,345 291,345 2023: Re-appropriate $272K for completion of the restroom remodel and cooling system. 2023 $20k additional costs for cooling system. Total VRD-Managed Facilities & Maintenance 996,671 2,717,677 3,714,348 - 3,714,348 - 3,714,348 - 3,714,348 Total Expenditures 8,131,461 22,368,242 30,499,702 283,844 30,783,547 6,076,985 36,860,532 299,943 37,160,475 Other Financing Sources (Uses) Transfer from General Fund - - - 197,660 197,660 5,519,985 5,717,645 124,000 5,841,645 2023: Transfer from GF for RETT department salary and benefits comp study implementation. Transfer $5.5M to support the Booth Heights acquisition; Transfer $124K to support the increase in Booth Heights acquisition cost Revenue Over (Under) Expenditures (508,868) (21,927,021) (22,435,888) (61,184) (22,497,072) (132,000) (22,629,072) 1,110,491 (21,518,581) Beginning Fund Balance 6,624,543 29,923,875 29,923,875 29,923,875 29,923,875 Ending Fund Balance 6,115,676$ 7,487,986$ 7,426,802$ 7,294,802$ 8,405,293$ 16 123 Proposed 2023 1st 2023 2nd 2023 4th 2023 Budget Supplemental Amended Supplemental Amended Supplemental Amended Revenue Housing Sales Tax 4,125,000$ 4,125,000$ 733,410$ 4,858,410$ 4,858,410$ Transfer in from Capital Projects Fund 2,500,000 2,500,000 2,500,000 2,500,000 Transfer in from General Fund 1,200,000 1,200,000 1,200,000 1,200,000 Workforce Housing Sales - 879,000 879,000 (450,000) 429,000 625,000 1,054,000 Sale of Pitkin Creek Unit Housing Fee in Lieu Annual Collections - - - 17,104 17,104 Project Reimbursements - - - 1,000,000 1,000,000 Settlement funds for EHU violation Total Revenue 7,825,000 879,000 8,704,000 283,410 8,987,410 1,642,104 10,629,514 Expenditures Housing Programs InDeed Program 2,500,000 2,612,089 5,112,089 5,112,089 (3,900,000) 1,212,089 InDeed Funds for Middle Creek predevelopment Buy Down Housing - 72,683 72,683 72,683 17,104 89,787 Allocate Housing Fee in Lieu to buydown housing projects ($17.1K) Future Purchases - 1,500,000 1,500,000 1,500,000 1,500,000 North Trail Townhomes Unit D - 127,725 127,725 (127,725) - - Pitkin Creek 14-A unit - - - 775,000 775,000 Purchase of Pitkin Creek unit Construction Housing Projects Timber Ridge Redevelopment Placeholder 500,000 195,000 695,000 695,000 (500,000) 195,000 W. Middle Creek Development Placeholder 500,000 500,000 500,000 3,900,000 4,400,000 Residences at Main Vail Opportunity Fee - 2,000,000 2,000,000 2,000,000 2,000,000 Land Purchases for future Housing CDOT Parcel Acquisition Placeholder - 2,650,000 2,650,000 4,985,000 7,635,000 7,635,000 Eagle-Vail Parcel Placeholder - - 50,000 50,000 50,000 Total Expenditures 3,500,000 9,157,497 12,657,497 4,907,275 17,564,772 292,104 17,856,876 Operating Income 4,325,000 (8,278,497) (3,953,497) (4,623,865) (8,577,362) 1,350,000 (7,227,362) Other Financing Sources (Uses) Transfer to Residences at Main Vail Fund - - - 150,000 150,000 Transfer to support first year operations at Residences at Main Vail Trasnfer to Timber Ridge- Site and Podium - - - 850,000 850,000 Transfer to begin site and podium Total Other Financing Sources (Uses)- - - 1,000,000 1,000,000 Revenue Over (Under) Expenditures 4,325,000 (8,278,497) (3,953,497) (4,623,865) (8,577,362) 350,000 (8,227,362) Beginning Fund Balance 5,236,474 13,099,153 13,099,153 13,099,153 Ending Fund Balance 9,561,474$ 9,145,656$ 4,521,791$ 5,721,791$ TOWN OF VAIL PROPOSED 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE HOUSING FUND 124 Proposed 2023 1st 2023 2nd 2023 3rd 2023 4th 2023 Budget Supplemental Amended Supplemental Amended Supplemental Amended Supplemental Amended Revenue Business Licenses 345,000$ 345,000$ 345,000$ 345,000$ 345,000$ Transfer in from General Fund 1,500,000 35,000 1,535,000 1,535,000 1,535,000 1,535,000 VLMD Contribution 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 Event Reimbursements/Shared Costs - - - 125,000 125,000 (25,000) 100,000 Earnings on Investments 250 250 250 250 250 Total Revenue 3,045,250 35,000 3,080,250 - 3,080,250 125,000 3,205,250 (25,000) 3,180,250 Expenditures Commission on Special Events (CSE): CSE Surveys 54,000 54,000 54,000 54,000 54,000 Education & Enrichment 154,530 154,530 154,530 154,530 154,530 Visitor Draw 684,648 684,648 684,648 684,648 684,648 Recreation 75,000 75,000 75,000 75,000 75,000 Signature Events 1,095,252 1,095,252 (60,000) 1,035,252 1,035,252 1,035,252 Town Produced Events 766,000 766,000 60,000 826,000 36,727 862,727 862,727 Ambient Event Funding Music in the Villages 154,530 (12,022) 142,508 142,508 142,508 142,508 Cultural Heritage: National Brotherhood of Skiers 125,000 125,000 125,000 125,000 125,000 Other Council Funded Events: Mikaela 87 - 35,000 35,000 35,000 35,000 35,000 Collection Fee - General Fund 17,250 17,250 17,250 17,250 17,250 Total Expenditures 3,126,210 22,978 3,149,188 - 3,149,188 36,727 3,185,915 - 3,185,915 Other Financing Sources (Uses) Transfer to Capital Projects Fund - - - 88,273 88,273 12,022 100,295 Transfer $12,022 to Capital Projects Fund for event tent approved in 1st Supplemental Revenue Over (Under) Expenditures (80,960) 12,022 (68,938) - (68,938) - (68,938) (37,022) (105,960) Beginning Fund Balance 407,124 416,323 416,323 416,323 416,323 Ending Fund Balance 326,164$ 347,385$ 347,385$ 347,385$ 310,363$ TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE VAIL MARKETING & SPECIAL EVENTS FUND 18 125 Proposed 2023 1st 2023 2nd 2023 4th 2023 Budget Supplemental Amended Supplemental Amended Supplemental Amended Revenue Town of Vail Interagency Charge 4,224,129$ 4,224,129$ 33,806$ 4,257,935$ 4,257,935$ Insurance Reimbursements & Other 25,000 25,000 25,000 80,081 105,081 Earnings on Investments 810 810 810 39,000 39,810 Equipment Sales and Trade-ins 294,238 294,238 294,238 294,238 Total Revenue 4,544,177 - 4,544,177 33,806 4,577,983 119,081 4,697,064 Expenditures Salaries & Benefits 1,344,321 1,344,321 59,652 1,403,973 1,403,973 Operating, Maintenance & Contracts 2,102,307 2,102,307 33,806 2,136,113 4,800 2,140,913 Gillig electric bus software Capital Outlay 1,355,886 783,757 2,139,643 108,500 2,248,143 474,102 2,722,245 TRC Main Generator repairs ($29K); Vehicle cost increases ($71.1K); Truck #254 Replacement ($62.5K); Move forward Vehicle #208 replacement from 2024 ($62.5K); 4 PD replacement vehicles ($251.2K) Total Expenditures 4,802,514 783,757 5,586,271 201,958 5,788,229 478,902 6,267,131 Revenue Over (Under) Expenditures (258,337) (783,757) (1,042,094) (168,152) (1,210,246) (359,821) (1,570,067) Transfer In from General Fund - - 59,652 59,652 59,652 Beginning Fund Balance 1,919,625 1,919,625 1,919,625 1,919,625 Ending Fund Balance 1,661,288$ 877,531$ 769,031$ 409,210$ TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE HEAVY EQUIPMENT FUND 19 126 2023 4th Amended Budget Supplemental Budget Revenue Town of Vail Interagency Charge - Premiums 4,748,921$ 4,748,921$ Employee Contributions 963,081 963,081 Insurer Proceeds 30,000 30,000 Earnings on Investments 15,000 100,000 115,000 Total Revenue 5,757,002 100,000 5,857,002 Expenditures Health Insurance Premiums 1,690,000 1,690,000 Claims Paid 4,597,739 4,597,739 Wellness Bonus 78,000 78,000 Professional Fees 118,820 118,820 Total Expenditures 6,484,559 - 6,484,559 Revenue Over (Under) Expenditures (727,557) 100,000 (627,557) Beginning Fund Balance 5,103,363 5,103,363 Ending Fund Balance 4,375,806$ 4,475,806$ HEALTH INSURANCE FUND TOWN OF VAIL 2023 BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE 20 127 Proposed 2023 2nd 2023 4th 2023 Budget Supplemental Amended Supplemental Amended Revenue E911 Board Revenue 1,067,535$ 1,067,535$ 1,067,535$ Interagency Charges 1,444,427 1,444,427 1,444,427 Other County Revenues -103,000 103,000 103,000 Town of Vail Interagency Charge 669,317 669,317 669,317 Earnings on Investments and Other 658 658 50,000 50,658 Total Revenue 3,181,937 103,000 3,284,937 50,000 3,334,937 Expenditures Salaries & Benefits 2,579,635 257,037 2,836,672 2,836,672 Operating, Maintenance & Contracts 593,611 593,611 593,611 Capital Outlay 87,528 87,528 105,000 192,528 Total Expenditures 3,260,774 257,037 3,517,811 105,000 3,622,811 Revenue Over (Under) Expenditures (78,837) (154,037) (232,874) (55,000) (287,874) Transfer In from General Fund -154,037 154,037 154,037 Beginning Fund Balance 1,531,307 2,017,327 2,017,327 Ending Fund Balance 1,452,470$ 1,938,490$ 1,883,490$ TOWN OF VAIL PROPOSED AMENDED 2023 BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE DISPATCH SERVICES FUND 21 128 Proposed Proposed 2023 1st Amended 2nd Amended 4th Amended Budget Supplemental Budget Supplemental Budget Supplemental Budget Revenue Rental Income 725,802 725,802 (165,722) 560,080 (131,149) 428,931 Reduce rental income for staggered move-in Other Income 48,000 48,000 (19,000) 29,000 29,000 Investment Earnings - - 155,967 155,967 155,967 Total Revenue 773,802 - 773,802 (28,755) 745,047 (131,149) 613,898 Expenses Operating, Maintenance & Contracts 362,305 362,305 (36,811) 325,494 325,494 Capital Outlay - 14,366,303 14,366,303 240,735 14,607,038 350,000 14,957,038 Transfer for potential expenditure discrepancies Total Expenditures 362,305 14,366,303 14,728,608 203,924 14,932,532 350,000 15,282,532 Revenue Over Expenses 411,497 (14,366,303) (13,954,806) (232,679) (14,187,485) (481,149) (14,668,634) Other Financing Sources (Uses) Fiscal Agent fees - (3,000) (3,000) (3,000) (3,000) Principal Repayment (415,000) (415,000) (415,000) (415,000) Interest Expense (800,388) (800,388) (800,388) (800,388) Transfer from Capital Projects Fund 825,000 4,925,444 5,750,444 5,750,444 350,000 6,100,444 Transfer for potential expenditure discrepancies Transfer from Housing Fund - - - 150,000 150,000 Transfer from Housing Fund for 2023 operating costs Total Other Financing Sources (Uses)(390,388) 4,922,444 4,532,056 - 4,532,056 500,000 5,032,056 Change in Net Position 21,109 (9,443,859) (9,422,750) (232,679) (9,655,429) 18,851 (9,636,578) Net Position- Beginning - 9,709,513 9,709,513 9,709,513 Net Position- Ending 21,109$ 286,763$ 54,084$ 72,935$ TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE RESIDENCES AT MAIN VAIL 22 129 Proposed 2023 1st Amended 4th Amended Budget Supplemental Budget Supplemental Budget Revenue Rental Income 1,865,753$ 1,865,753$ (51,000)$ 1,814,753$ Decrease due to vacancies Other Income 14,724 14,724 14,724 Total Revenue 1,880,477 - 1,880,477 (51,000) 1,829,477 Expenditures Operating, Maintenance & Contracts 515,617 32,000 547,617 125,600 673,217 Increased unit turnover and maintenance costs due to RMV turnover Contigency - 50,000 50,000 50,000 Total Expenditures 515,617 82,000 597,617 125,600 723,217 Operating Income 1,364,860 (82,000) 1,282,860 (176,600) 1,106,260 Non-operating Revenues (Expenses) Interest on Investments 180 180 180 Loan Principal Repayment to Capital Projects Fund (392,607) (392,607) (392,607) Interest Payment to Capital Projects Fund (70,392) (70,392) (70,392) Total Non-operating Revenues (Expenses)(462,819) - (462,819) - (462,819) Site and Podium Site and Podium- Timber Ridge Redevelopment - - - (850,000) (850,000) Transfer from Housing Fund- Site and Podium - - - 850,000 850,000 Total Site and Podium - - - - - Revenue Over (Under) Expenditures 902,041 (82,000) 820,041 (176,600) 643,441 Beginning Fund Balance 2,060,145 2,078,748 2,078,748 Ending Fund Balance 2,962,186$ 2,898,789$ 2,722,189$ TOWN OF VAIL 2023 PROPOSED AMENDED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE TIMBER RIDGE FUND 19 130 Ordinance No. 28, Series of 2023 ORDINANCE NO. 28 SERIES OF 2023 AN ORDINANCE MAKING BUDGET ADJUSTMENTS TO THE TOWN OF VAIL GENERAL FUND, CAPITAL PROJECTS FUND, REAL ESTATE TRANSFER TAX FUND, HOUSING FUND, VAIL MARKETING FUND, HEAVY EQUIPMENT FUND, DISPATCH SERVICES FUND, RESIDENCES AT MAIN VAIL FUND, AND TIMBER RIDGE FUND OF THE 2023 BUDGET FOR THE TOWN OF VAIL, COLORADO; AND AUTHORIZING THE SAID ADJUSTMENTS AS SET FORTH HEREIN; AND SETTING FORTH DETAILS IN REGARD THERETO. WHEREAS, contingencies have arisen during the fiscal year 2023 which could not have been reasonably foreseen or anticipated by the Town Council at the time it enacted Ordinance No. 22, Series of 2022, adopting the 2023 Budget and Financial Plan for the Town of Vail, Colorado; and, WHEREAS, the Town Manager has certified to the Town Council that sufficient funds are available to discharge the appropriations referred to herein, not otherwise reflected in the Budget, in accordance with Section 9.10(a) of the Charter of the Town of Vail; and, WHEREAS, in order to accomplish the foregoing, the Town Council finds that it should make certain budget adjustments as set forth herein. NOW, THEREFORE, BE IT ORDAINED, BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO that: 1. Pursuant to Section 9.10(a) of the Charter of the Town of Vail, Colorado, the Town Council hereby makes the following budget adjustments for the 2023 Budget and Financial Plan for the Town of Vail, Colorado, and authorizes the following budget adjustments: General Fund $ 1,671,368 Capital Projects Fund 663,000 Real Estate Transfer Tax Fund 299,943 Housing Fund 1,292,104 Vail Marketing Fund 12,022 Heavy Equipment Fund 478,902 Dispatch Services Fund 105,000 Residences at Main Vail Fund 350,000 Timber Ridge Enterprise Fund 975,600 Interfund Transfers (1,504,000) Total $ 4,343,939 131 Ordinance No. 28, Series of 2023 2. If any part, section, subsection, sentence, clause or phrase of this ordinance is for any reason held to be invalid, such decision shall not affect the validity of the remaining portions of this ordinance; and the Town Council hereby declares it would have passed this ordinance, and each part, section, subsection, sentence, clause or phrase thereof, regardless of the fact that any one or more parts, sections, subsections, sentences, clauses or phrases be declared invalid. 3. The Town Council hereby finds, determines, and declares that this ordinance is necessary and proper for the health, safety, and welfare of the Town of Vail and the inhabitants thereof. 4. The repeal or the repeal and reenactment of any provision of the Municipal Code of the Town of Vail as provided in this ordinance shall not affect any right which has accrued, any duty imposed, any violation that occurred prior to the effective date hereof, any prosecution commenced, nor any other action or proceedings as commenced under or by virtue of the provision repealed or repealed and reenacted. The repeal of any provision hereby shall not revive any provision or any ordinance previously repealed or superseded unless expressly stated herein. 5. All bylaws, orders, resolutions, and ordinances, or parts thereof, inconsistent herewith are repealed to the extent only of such inconsistency. This repealer shall not be construed to revise any bylaw, order, resolution, or ordinance, or part thereof, theretofore repealed. INTRODUCED, READ, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON FIRST READING this 5th day of December 2023, and a public hearing shall be held on this Ordinance on the 19th day of December, 2023, at the regular meeting of the Town Council of the Town of Vail, Colorado, in the Municipal Building of the town. ATTEST: _______________________________ Travis Coggin, Mayor ___________________________ Stephanie Bibbens, Town Clerk 132 Ordinance No. 28, Series of 2023 READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED IN FULL this 19th day of December 2023. ____________________________ Travis Coggin, Mayor ATTEST: ________________________________ Stephanie Bibbens, Town Clerk 133 AGENDA ITEM NO. 2.6 Item Cover Page DATE:December 19, 2023 TIME:15 min. SUBMITTED BY:Carlie Smith, Finance ITEM TYPE:Presentation/Discussion AGENDA SECTION:Presentation/Discussion SUBJECT:Mill Levy Update SUGGESTED ACTION:Listen to presentation and provide feedback. PRESENTER(S):Carlie Smith, Finance Director STAFF RECOMMENDATION:Listen to presentation and provide feedback. VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 121923 24 Mill Levy Discussion.pdf 134 TO: Vail Town Council FROM: Finance Department DATE: December 19, 2023 SUBJECT: 2024 Mill Levy Discussion I. SUMMARY During the 2023 election, Colorado voters rejected Proposition HH, a ballot measure that limited an increase in property taxes to homeowners. In response, Governor Polis held a special legislation session on November 20th. The result of this session was the passing of Senate Bill 23B-1. This bill reduces the residential assessment rate for 2023 from the previously reduced rate of 6.765% (SB238) to 6.7%. Additionally, homeowners will be able to exempt $55,000 of their home value from taxation. The bill also reduces the assessment rate for commercial properties from 29% to 27.9% with an exemption of $30,000. To help offset the impacts of the assessment rate reductions the act requires that the State Assessor to reimburse jurisdictions between 65% to 100% of the reduction dependent on meeting certain metrics. The Town has been advised by its legal council that it is assumed that an increase in assessed value of real property between 2022 and 2023 of 15% or more would disqualify a local government from reimbursement. Lastly, the bill allows jurisdictions to decrease their mill in the form of a mill levy credit without later needing to back to a ballot to increase back to its base mill. The town has a base mill levy of 4.69 mills which is one of the lowest mills within the County and State. II. DISCUSSION Given the change in legislation, the town has the option to increase, decrease, or maintain the current mill levy of 4.69 mills. Staff has not received final assessment values from the county but based on preliminary assessment calculations, staff estimates that the valuation will increase between 30% and 35%, disqualifying the town from a state reimbursement as it applies to SB1. Based on preliminary information from the county, the town will qualify for reimbursement under SB238 a previous bill impacting 2024 property tax collections. The backfill from the state related to this bill is estimated to be a $288K reimbursement. Included below are three proposed options for certifying the mill levy for 2024 collections: Option 1: Maintain the current Mill Levy of 4.69 (Current 2024 Budget Assumption) The Town has a base mill levy of 4.69 mills. By keeping the 4.69 mills the town is estimated to collect $7.5M in property taxes in 2024, a 30% or $1.7M increase from prior year. This will not offset the revenue impacts from the reduction in the assessment rates in both commercial and residential valuations which has an estimated impact of $407,095 for 2024 (including the SB238 backfill from the state). For a homeowner with a 30% increase in valuation on a previously valued home of $1.0M this is an increase of $94.27 annually. 135 Town of Vail Page 2 Option 2: Increase Mill Levy to Offset Reductions in Assessment Rates: During 2020, Vail voters passed a ballot initiative to “de-Gallagher” allowing the Town to increase its mill levy to offset reductions in assessment rates as they are set by the state. Staff has been advised by legal counsel that there is no current case law to increase a mill levy without a ballot question first approved by voters and they are not confident it would hold up in court if challenged. To fully offset the increases in assessment rates, the town would need to increase its mill levy to 5.083 which would result in estimated property tax collections of $8.1M, a 41% or $2.4M increase in property taxes for 2024 compared to the prior year. For a homeowner with a 30% increase in valuation on a previously valued $1.0M property, this is an increase of $122.27 annually. Option 3: Decrease Mill Levy to Offset Increases in Property Valuations, in Addition to State- Mandated Reductions in Assessment Rates: The town also has the option to decrease property taxes with a temporary property tax credit. With this option there is also concern that a tax credit could be challenged under TABOR. In the summary chart below staff has included an example a 0.54 mills temporarily tax credit decreasing the town’s mill to 4.143. This would result in annual property tax collections of $6.6M for 2024, an increase of $864K or 15% from 2023 collections. For a homeowner with a 30% increase in valuation on a previously valued property of $1.0M this is an increase of $43.58 annually. Mill Levy Estimated 2024 Revenue $ Change from 2022 % Change from 2022 $ Increase with 30% increase to $1.0M property annually 2022 Mill Levy 4.69 5,760,592 1. Maintain base Mill Levy 4.69 7,500,002 1,739,411 30% $94.27 2. Increase mill to offset increase in assessment rates 5.083 8,129,097 2,368,505 41% $122.27 3. Credit Mill back to Taxpayers 4.143 6,624,680 864,089 15% $43.58 Staff has gathered preliminary information on what other jurisdictions are proposing within the county. The majority of special districts are giving a tax credit with most municipalities maintaining their current mill including the Town of Avon and the Town of Eagle. Eagle County is also proposing to maintain their base mil levy. Two fire Districts within the county are proposing to increase their mill. III. STAFF RECOMMENDATION Staff recommends maintaining the base mill levy, or “status quo”. While the overall property tax revenue will increase by $1.7M for the town, it is less than what it would have been without the state’s changes to assessment rates. The other two options (an increase or a credit) have not been proven in a court of law and staff would advise not being one of the first municipalities to take advantage of the newly-proposed alternatives until they are further vetted. Staff is requesting direction from Council prior to the 2nd reading of the mill levy ordinance scheduled for January 2nd. 136 AGENDA ITEM NO. 2.7 Item Cover Page DATE:December 19, 2023 TIME:10 min. SUBMITTED BY:Steph Johnson ITEM TYPE:Presentation/Discussion AGENDA SECTION:Presentation/Discussion SUBJECT:Strategic Planning Discussion SUGGESTED ACTION:Council is requested to provide direction to the Town Manager on moving forward with a contract with Managing Results. PRESENTER(S):Russ Forrest, Town Manager VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Council_initial_planning_meeting__121923.docx Town of Vail Price Proposal_Town Strategic Plan_from Managing Results LLC_Amended_12_13_2023.pdf 137 To:Vail Town Council From:Russell Forrest, Town Manager Date:December 19, 2023 Subject:Facilitation Service for Creating a Strategic Plan _________________________________________________________________________________ 1.PURPOSE AND INTRODUCTION Council is requested to provide direction to the Town Manager on moving forward with a contract with Managing Results for an amount not to exceed $49,200 to facilitate a strategic plan for the Town of Vail as described in Attachment A. 2.WHY DO A STRATEGIC PLAN? The purpose of a strategic plan is to identify the issues that are most important to Vail’s residents and guest. Based the Council’s articulation of those critical issues, the Town can then focus time and resources to addressing those issues in the next 1-5 years. A strategic plan will be used to develop future budgets (including the 2025 budget), creating departmental business plans, defining goals for Town personnel, and provide a framework for accountability for the organization. Both dollars and human resources will be aligned and targeted towards achieving the strategic results in this plan. Also with a strategic plan, a metric (a means of showing progress on goals/results) can be developed and communicated to the community and be used to ensure accountability for the organization, departments, and individual employees. By creating a focus on addressing the most important issues over a 1-5-year time frame, significant strategies can occur that have measurable benefits for the community. While a strategic plan provides a level of discipline for budgeting and management, short- term actions that support strategic initiatives can still occur allowing the Town to be opportunistic even if a strategy is not specifically in this plan. In addition, staff may propose different and/or amended strategies to achieve Council results as implementation of this overall plan occurs. This Strategic Plan is intended to be a dynamic plan. 3.MANAGING RESULTS Managing Results is a consulting company that has significant experience in developing action oriented strategic plans for municipalities, counties, and other governmental entities around the country. An excerpt from the company’s web site ( Managing Results, LLC ) includes: 138 Town of Vail Page 2 “Managing Results (MR) was founded in 1998 by Marv Weidner following more than 20 years of successful leadership in Iowa State government. The firm, now based in Gunnison, Colorado boasts decades of strategic planning experience and has: Assisted over 100 entities - all levels of governance – military, federal, state, city, county, tourism and various tax supported not-for-profits, Facilitated over 40 organization-wide strategic plans and strategic plan updates, Developed Department Strategic Plans for over 1,800 departments and agencies, Provided Performance Budget design and implementation services to departments and agencies that annually budget over $37 Billion connected to customer results, Facilitated customers’ alignment and integration of individual performance with operational performance to successfully implement the organization’s Strategic Plan and enhance morale, productivity and overall success. Assisted our organizational customers in change management related to implementing their Strategic Plans, Assisted our customers in delivering the communications necessary to implement these significant changes in their organization and tell their story of impact.” The typical strategic planning structure utilized by Managing Results includes the following 1)Priority Issues based on customer input. 2)Strategic Results which state what the customer experiences in addressing the issue. 3)Strategies to achieve the results. An example of this management framework that was provided by staff that was included in December 12th packed included: Priority Issue: A priority issue is a broad category where results and strategies are organized under. Strategic Priorities reflect a significant broad issue and describes a trend and why it is relevant to our residents. An example of a strategic priority could be: “Affordable Housing: With prohibitive costs for both free market for sale and rental homes both in Vail and in the Valley as a whole, Vail businesses, town government, and local not for profits will not be able to find housing for employees which will negatively impact our economy and community. Strategic Result: An example of a result for housing could be: By December 31, 2027, the Town will cause the creation of 1000 additional deed restricted homes over and above the number of deed restricted home that existed in 2017. Strategy:A strategy to achieve this Council result could be for example: 139 Town of Vail Page 3 By September 1, 2023, complete the Residences at Main Vail housing project which will provide 72 deed restricted units. This form of strategic planning helps transparently connect Town actions to community feedback on priorities. It also enables us to measure and even create a dashboard to show progress so that the Town and staff are accountable to both the Council and the community in achieving desired results. It should be noted that a strategic plan is not a master plan or visioning process. Rather it builds upon the public feedback and engagement that has occurred including Stewardship Vail, recent master planning work in West Vail and Civic Area, along with community and guest survey work. Attachment A includes a proposal from Managing Results. This scope of work would include staff sharing public feedback, referenced above, with Managing Results and the notes from the worksession on December 12th. As proposed, Managing Results would then be in Vail January 25, 26, and 29th to interview Council members one on one and conduct several targeted focus groups. Then Managing Results would return to facilitate a two-day planning meeting the last week of February (February 26th-March 1). Staff would like to quickly determine the best two- day period Council would like to conduct this planning meeting. Initially staff would propose February 27 and 28th. . Would those dates work for Council, if Council directs the manager to execute a contract with Managing Results? 4.ACTION REQUESTED Council is requested to provide direction to the Town Manager on moving forward with a contract with Managing Results for an amount not to exceed $49,200 to facilitate a strategic plan for the Town of Vail as described in Attachment A. Attachment A: Proposed Scope of Work for Managing Results. 140 Town of Vail Page 4 PRIORITY VAIL TOWN COUNCIL GOALS FOR 2023 CATEG ORY GOALS NEXT STEPS WHO Housin g The Town of Vail will acquire 1,000 additional resident housing deed restrictions by the year 2027 as compared to 2017. By October 1, 2023: 1. Complete the Residences at Main Vail. 2. Initiate the entitlement process for the Timber Ridge and West Middle Creek housing developments. 3. Acquire the East Vail CDOT parcel and initiate the design process. 4. Initiate the acquisition process for one additional parcel of land to create a significant regional housing development. 5. Amend the commercial linkage requirements and adopt residential linkage 1. Residents moved into RMV on September 1st, 20223. 2. A development agreement has been executed with Triumph development for 290+ units at Timber Ridge and this application are working its way through the development review process and we are on track for a May 1, 2024 construction start. 3. The Town received 10 proposals for creating a housing project at West Middle Creek and at the Councils direction, staff is negotiating a contract with Corum Development. 4. The Town is under contract to purchase 3 CDOT parcels including the east Vail parcel, land adjacent to West Middle Creek housing site, and the Timber Ridge housing project. 5. TOV and other stakeholders have begun working with the State Land Board on the Dowd Junction property. We are on track to exceeding this goal. Housing Director lead, supported by Town Manager & Deputy Manager, Finance Dept, Public Works, Com Dev, Econ Dev Civic Hub and Town Hall By November 1, 2023: Determine a program, budget, and critical path to renovate Dobson Ice Arena so that it will continue to serve Vail for another 40 to 50 years. By no later than September 1 of 2024, (Modified by council on July 18, 2003) the town will Determine whether to renovate or relocate Town of Vail offices and if relocated determine best location(s), a budget, and a timeline for relocation or renovation and determine the preferred community uses to be Dobson: The Populus design team is on schedule for completing a schematic design for Dobson. Staff is working on a RFQ to solicit development companies to partner on this project. Town Hall/Civic Center: The Town has picked a consultant team to complete the scope of work to achieve the second part of this goal. A steering committee has also been chosen to provide recommendations on this project to the Council as this project moves forward. Contract awarded to 4240/Design Workshop/EPS to conduct spatial, floor planning, and economic analysis on Civic Hub site, Municipal Complex, and Public Works Site Public Works Director - Dobson/ Town Manager & Com Dev Director, Econ Dev 141 Town of Vail Page 5 developed at the Civic Hub. “ Excelle nt Custom er Service By November 1, 2023: Create a clear definition for providing excellent customer service to our residents and guests for town services and a means of measuring to what degree we are providing excellent customer service. Identify and implement metrics for objectively measuring organizational effectiveness and health so that a baseline is developed which can be improved on in future years. The goal is to create clear standards for customer service related to our residents, guests, and internal customer service. This has turned into a more complex project since goals need to be accompanied with metrics. On November 7th, staff will provide a framework for achieving this goal. Full implementation of this goal will occur in 2024. On November 7 th Council reviewed high level goals for this project and a framework for measuring those goals. There was general acceptance of the proposed next steps. Town Manager and Leadership Team Land Use Regulat ions Support Town Goals By November 1, 2023: Review and analyze Title 12 Zoning, the Official Zoning Map, Title 14 Development Standards, and other pertinent land use policy language including the Town of Vail Comprehensive Plan. Bring forward recommendations for amendments to help foster the creation of affordable housing and improved efficiency of the development review process. Staff has completed an extensive set of recommendations to align the zoning code and administrative policy with the goal of creating affordable housing and these recommendations have been implemented or adopted by the Town Council. Examples of implementation include creating two affordable housing zone districts that provide flexibility for future housing project sand greater predictability by being more prescriptive with standards (versus a negotiation). Community Development Director, Public Works Director, Fire Chief The following is an update on the 26 Council priority actions identified in 2022: Vail Town Council Action Plan PROJECT MILESTONE UPDATES POINT of CONTACT COMMUNITY West Vail Master Plan Implementation Phase 1, Housing: Implementation of recommendations in Chapter 3, WVMP. Ordinance No. 19 adopted 10/07/23 May 2022 – October 2023. Phase 2, Commercial (West Vail Center): Implementation of recommendations in Chapter 2, WVMP. Overview and proposed next steps, December 2023. Phase 3, Transportation & Mobility: Implement recommendations in Chapter 4, WVMP. Matt Gennett, Community Development Director 142 Town of Vail Page 6 Coordinate implementation timeline in context of town- wide Transportation Master Plan. Timber Ridge Apartments Redevelopment Contract executed with Triumph Development to build Timber Ridge II. Aug. 1, 2023: Updated market study, design development, and entitlement approval process to redevelop Timber Ridge Village Apartments. Final approvals are being obtained from the PEC and DRB. Spring 2024 Construction begins. Feb. 1 – Apr. 1, 2025 New units expected to be completed and available for phased occupancy. George Ruther, Director of Housing Ford Park Master Plan Amendments Ford Park Master Plan Amendments. An update was provided to Town Council on July 18. The plan has many elements with potential for implementation over several years, dependent upon funding and prioritization. Todd Oppenheimer, Capital Projects Manager Short Term Rental Policy Amendments Jan. 1, 2023 Effective implementation date of Ordinance No. 11, Series of 2022. Feb. 28, 2023 STR license renewal deadline. Carlie Smith, Finance Director Early Childhood Initiatives Funding in 2023 ($250,000) for Council supported areas including: Community Tuition Assistance - ongoing grants for incomes below 450% of federal poverty Workforce Retention – grants to 2 programs for 2023 Expansion and Sustainability of ECE programs – infant subsidy and facility/lease support – pursuing expansion opportunities via in-home and/or new spaces Capital support – facility maintenance support ongoing & future capital support TBD Krista Miller, Human Resources Director Permanent Location for Children’s Garden of Learning Lease at temporary location expires 2026 or earlier pending 180 days’ notice. Staff are working to identify potential sites. Matt Gennett, Community Development Director Kathleen Halloran, Deputy Town Manager Wildland Urban Interface Code Amendments May 2023 Town Council update on 2022 Fire Free Five grant program. May-October 2023 Implement 2023 Fire Free Five grant program. Spring 2024 Fire Free Five code adoption consideration. Mark Novak, Fire Chief ENVI RON USFS Booth Creek Fuels July 2023 USFS Record of Decision issued. Winter 2023/2024 Identify costs and funding sources. Cultural clearance. Mark Novak, Fire Chief 143 Town of Vail Page 7 Reduction Project 2024-2030 Implementation - timeline is variable due to external factors. Identify Alternative Fuel Solutions 2022 - First boiler replacement operational. Collecting data on usage. Town is under contract with the Grey Edge Group, to study feasibility of a networked geothermal system for decarbonizing the snowmelt system. Experts toured Vail infrastructure on May 8th. Kristen Bertuglia, Enviro mental Sustainability Director Sustainable Strategic Plan Jan. – Dec. 2023 Kristen Bertuglia, Environmental Sustainabilty Director Wildlife Crossing at Dowd Junction Feasibility and design RFP in 2023 to identify additional crossing opportunities in addition to Dowd. Kristen Bertuglia, Environmental Sustainability Director Global Friendship | Peer Resort Exchange Programming Staff to present a Global Friendship and Peer Resort proposed plan to town council in Q1, including existing relationships and exploring future visits to share best practices and learn from leading destinations. 2024 Mia Vlaar, Economic Development Director. Kristen Bertuglia, Environmental Sustainability Director Cultural Heritage Preservation & Programs 2023 Budget is $25,000. March 21, 2023 – Resolution No 4 passed for the Naming or Commemoration of town-owned properties. Town’s website has been updated to include an online application. Partner on Trailblazer Award process. Continued work in 2023 - Summervail Archives (on hold for now, need to reconnect with their team) ; Vail Valley Voices (ongoing project with many more oral histories still to be captured) ; Library’s 40th Anniversary (celebration was first announced in March ; historic display on Hauserman table through the summer, Galleria display exhibit opened in August; July 4th Book ‘n Bake Sales (Theme is “This Library is Your Library – 40 Years Strong”) ; Eagle County celebrates 140 years (Library hosted the traveling photography exhibit in April) ; CHC website has been further updated to include cultural initiatives from other departments ; CHC committee meets bimonthly. Lori A. Barnes, Director of Library Services Open Lands Plan 2022-2028 - Biodiversity study to kick off in late summer 2022. Field work begins June 15 Kristen Bertuglia, Environmental Sustainability Director Building Code Regs & Climate Action Plan Implementation May 2022 Phase 1 complete – Adoption of 2021 ICC Codes with additions for solar and EV readiness 2023. Phase 2 – Roadmap to Zero, incentives to include outdoor energy uses/snowmelt offset program. Solar RFP responses received, contract to be completed June 20. Matt Gennett, Community Development Director 144 Town of Vail Page 8 ECONOMY 2. Dobson and Civic Area Plan Implementation Dobson Ice Arena – By November 1st, 2023, determine cost for Dobson; by November 2024 determine location for Town Hall services. Dobson:Architect/design firm and owner’s rep presented conceptual designs for Dobson Ice Arena renovations during a Joint meeting with VRD and Town Council on July 18. Conceptual designs were adjusted based on feedback. Town Council presentation on August 1 st responding to seating capacity questions and asking to continue moving forward with the recommended design and funding plan. August 15th contract for schematic design awarded to Populous team and moving forward with the $55M option. Civic Area – Contract awarded to 4240/Design Workshop/EPS to conduct spatial, floor planning, and economic analysis on Civic Hub site, Municipal Complex, and Public Works Site. Matt Gennett, Community Development Director Greg Hall, Public Works Director 4. Zoning Review Propose changes to zoning regulations to enhance or encourage workforce housing: Ordinance No. 17 approved on 09/19/23 which allows development on steep slopes in H district. First reading of Ordinance Nos. 24 & 25 on 11/07/23 to make certain strategic amendments to the H district and allow higher retaining wall heights for housing development in the proposed H and H2 zone districts. Matt Gennett, Community Development Director Special Events Funding Model Alternatives Initiative As part of the reimagining and restructure of the economic development department as a destination marketing organization (DMO), special events strategy and funding will be explored in Q2. Carl Ribaudo is providing consulting services to address the town’s reorganization into a Destination Marketing Organization including marketing, special events, welcome centers, and business development. Mia Vlaar, Economic Development Director Vail’s Stewardship Roadmap Adoption of plan by resolution by Vail Town Council occurred in August, 2023 and initial implementation was built into deaprtmetn budgets. An RFP has been published to engage a destination stewardship consultant to support the implementation of the plan and community adoption in 2024.i Mia Vlaar, Economic Development Director Next Steps for TIF Funding Estimated funds available between 2022 and 2030 total approximately $45 million. Timeline: 3 - 5 years Current plan is to use remaining $45M toward the $55M Dobson Ice Arena renovations. Kathleen Halloran, Deputy Town Manager Economic Development Strategic Plan Update Following the reimagining and restructuring of the department as a destination marketing organization (DMO), the economic development strategic plan will be wrapped into the overall new TOV Strategic Plan set for development in 2024. Mia Vlaar, Economic Development Director EXPERIENCE 3. Excellent Customer Service By November 1, 2023, achieve the following: Create a clear definitions of excellent customer service to our residents and guests and a means of measuring to what degree we are providing excellent customer service. Identify and implement a metric for objectively measuring organizational effectiveness and health so that a baseline is developed which can be improved on in future years. Kathleen Halloran, Deputy Town Manager 145 Town of Vail Page 9 Presentation to Town Council November 7 of a high-level summary for implementation of Excellent Customer Service Plan. November 7 also includes a presentation by RRC & Associates with the summary results of post-visit guest surveys from Winter ‘22/’23 and Summer ‘23. Go Vail 2045 – Vail Mobility & Transportation Master Plan July 2022 – May 2024. Completed existing conditions public outreach/analysis and Noise Study update. Team is in the process of drafting initial recommendations which will be presented to the public and Council this summer for initial comment and feedback. Presentations made to Town Council August 1, August 15; Next round of presentations coming in November. Tom Kassmel, Town Engineer Public Works Shops Expansion and Access Improvements March 2021 – June 2022. - Access Improvements: Engaged design team to provide a scope to provide additional steps to provide access to the upper level of the public works shop building. Greg Hall, Public Works Director E-Vail Courier Implementation Oct. 1, 2022 - Full implementation began. Council was updated on May 16th on the success of the program and lessons learned. Town Council passed an ordinance in October for an expansion of the program to include large couriers such as FedEx/UPS. The town is currently fighting a request for a Temporary Restraining Order by these two carriers. Ryan Kenney, Police Commander Regional Transportation Ballot measure passed in Nov. 2022. Town Council member Barry Davis is serving as the town’s representative on the RTA board. This first year will be spent establishing the new RTA. Updated Town Council on August 1st Public Parking Initiatives New parking rates and passes were implemented at the start of the 2022/23 winter season. On April 18, Town Council approved recommendations by the Parking Task Force to implement changes to summer parking overnight rates and event parking rates at Ford Park. Parking Task force met July 21 to continue discussions for the upcoming winter parking program. Town Council approved the winter parking plan on August 15th. Parking Task Force set to meet in the coming month to recap the summer parking program and learnings from new initiatives (carpool, etc) Greg Hall, Public Works Director Guest Experience Initiatives PrimaVail and PrimaService programming will continue through winter season Mia Vlaar, Economic Development Director 146 1 Strategic Planning Proposal for the Town of Vail, CO: Managing Results, LLC Town Strategic Plan Process MR recommends the following steps to create a Strategic Plan for the Town of Vail. A. Setting Direction  Review Documents and Materials to Identify Issues and Trends that will Impact the Residents and the Town Government A senior MR Consultant will gather information and review materials and documents to gain a sense of the Issues that are important and a history of the accomplishments and values that have governed the Town of Vail. Documents will include but are not limited to the current and past Strategic Plans, Comprehensive Plan, Capital Facility Plan, financial projections, current and recent budgets, tables of organization, performance reports, Town Council actions, policies and statements, press and media articles, public surveys, employee surveys, demographic information, economic development plans and projections, land use plans, audits, and other reports on topics such as education, health, environment, recreation, arts and culture, tourism, etc.  One-on-One Interviews with the Mayor, Council and Town Manager MR Senior Consultants will interview the Mayor, Council and the Town Manager. These individual interviews will take place onsite, include an orientation/overview of the process and will illuminate and document the perspectives of Leadership, which will then guide the planning process. These one-on-one interviews will focus on two primary questions: 1. What are the most important Issues facing the residents of Vail and the Town government over the next 2-5 years? 2. What results do you want to be able to say have been accomplished 2-5 years from now? Senior MR consultants will compile the information from the interviews and identify the common Issues, Trends and desired results identified by the Mayor, Council Members and the Town Manager.  Facilitated Focus Group Sessions A senior MR Consultant will facilitate (1) Focus Group Session with Department Directors and (2) Sessions with Key Staff. These Focus Group Sessions will illuminate and document the perspectives of these important stakeholders, which will then inform the planning process. These facilitated focus group sessions will focus on the primary question: 1. What are the most important Issues facing the residents of Vail and the Town government over the next 2-5 years? 147 2 B. Focusing Efforts  Town Council Facilitated Strategic Planning Retreat In a 2 day Strategic Planning Retreat, MR’s two most senior consultants will facilitate the Mayor, Council, Town Manager and Department Directors to develop the Vail Strategic Plan through the following steps: • Orientation and overview of the planning process and desired results. • MR will summarize the Issues and Trends identified in the Document Review, Interviews and Focus Group Sessions, etc. that will have a major impact on the residents of Vail and the Town government over the next 2-5 years. The Planning team will review and assess the internal and external environment. • The Planning Team will identify 3-5 Strategic Priorities that will emerge from the Issues identified. These are broad categories of focus within which measurable Strategic Goals will be established. • The Planning Team will identify Measurable, Customer-focused Strategic Goals for/within each Priority. The Strategic Goals and objectives are time specific, measurable, observable customer results. • The Planning Team will develop or update the Town’s Mission Statement so that it speaks to the Town’s purpose, its customers and how the accomplishment of the Town’s Strategic Goals will impact Vail community. MR facilitates the development of strategic plans in a way that is built on consensus, which means that no votes are taken. The Strategic Priorities provide ample room for individual Councilmember’s desired results to be included, built on consensus of the Board. C. Implementation Planning  Implementation Plan Work Sessions A Strategic Plan is only as good as its execution. For this reason, MR recommends that the Town of Vail develop an aligned Implementation Plan (Action Plan) that will serve as a roadmap for achieving each Strategic Goal included in the Strategic Plan and will assist the Town in telling its story in terms of impact and results. MR recommends that the Town develop the Implementation Plan following the completion of the Town Strategic Plan and before the start of the budget process in 2024. This timeline will make it possible to align the Strategic Plan with the annual budget cycle and with those Strategies, Action Items and/or Milestones included in the Implementation Plan that will need to be resourced (over the next several years) in order to move the Strategic Plan goals forward. After the conclusion of the Strategic Planning Retreat (and at a date to be determined by the Town and MR) two senior MR consultants, (the same two consultants who facilitated the Strategic Planning Retreat), will return for a multi-day facilitated work session with the department leaders from the Town of Vail. Prior to the work sessions, MR will work with Town Leadership to identify the departments which will contribute to each of the Strategic 148 3 Goals. In some cases, a Strategic Goal will require the focus of one operational department. In many cases, however, a Strategic Goal will require multi-department efforts and collaboration to ensure success. The purpose of these sessions is to foster a sense of cohesion around the direction provided by the Town Strategic Plan by ensuring the strongest alignment between the Town Strategic Plan and those departments whose operations will directly influence its implementation. The following are the expected results: • Departments collaboratively develop Strategies, Action Items, Milestones, Performance Measures and identify Required Resources for each Strategic Goal included in the Town Strategic Plan. • Produce an Implementation Plan that includes all of the Strategies, Action Items, Milestones, Performance Measures and Required Resources for implementing the Town Strategic Plan. 149 4 Price Proposal: Town Strategic Plan and aligned Implementation Plan Town Strategic Plan Steps Time/Days Labor • Review Town Documents and Materials o Prior Strategic Plans, Master Plans, Capital Facility Plan, financial projections, current and recent budgets, tables of organization, performance reports, Town Council actions, policies and statements, press and media articles, etc. ½ $1,200 • Town Council & Manager Interviews o (7) Town Council Interviews o (1) Town Manager Interview o Compilation of all Interview Notes/Input 3 $7,200 • Dept Directors & Staff Focus Groups o (1) Focus Group with Department Directors o (2) Focus Groups with Select Staff 1.5 $3,600 • Town Council Strategic Planning Retreat o (1) day of Offsite Preparation o (2) days Onsite with Two Consultants 5 $12,000 • Implementation Planning Roadmap o Implementation Plan for each Town Goal so progress can be managed and communicated, and Town goals can be resourced as needed over time. 6 $14,400 Labor Subtotal 16 days $38,400 Summary Pricing Table for Town Strategic Plan $ TOTAL LABOR $38,400 TOTAL ESTIMATED TRAVEL • 1 Trip for Stakeholder Engagement (Marv Weidner) • 2 Trips for Strategic Planning Retreat (Marv Weidner and Jeremy Stephens) • 1 Trip for Implementation Plan (Marv Weidner) $10,800 or less TOTAL NOT-TO-EXCEED PRICE $49,200 *Note: Travel costs are estimated using present market prices and the per diem lodging and food rates as set by the U.S. General Services Administration. Only actual travel costs will be submitted for reimbursement. In addition, MR will work with the Town to realize travel savings when and where possible throughout the entirety of the project. 150 AGENDA ITEM NO. 3.1 Item Cover Page DATE:December 19, 2023 SUBMITTED BY:Jamie Leaman-Miller, Community Development ITEM TYPE:DRB/PEC Update AGENDA SECTION:DRB / PEC (5 min.) SUBJECT:DRB/PEC Update SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: DRB Results 12-6-23.pdf PEC Results 12-11-23.pdf 151 Present:Kathryn Middleton Rys Olsen Herbert Roth Kit Austin Erin Iba 1.Virtual Meeting Link Register to attend Design Review Board Meetings. Once registered, you will receive a confirmation email containing information about joining this webinar. 2.Call to Order 3.Main Agenda Final review of new construction (duplex) Address/ Legal Description: 2417 Chamonix Lane 7, 8, 9/Lot 20, Block A, Vail Das Schone Filing 1 Planner: Jonathan Spence Applicant Name: John Bergey, represented by John G Martin Architect 3.1 DRB23-0387 - Bergey Residence Conceptual review of an exterior redesign Address/ Legal Description: 1785 Sunburst Drive/Area A & B, Sunburst at Vail Planner: Jonathan Spence Applicant Name: Olson Family 2012 Trust, represented by 159 Design 3.2 DRB23-0420 - Olson Residence Conceptual only. No action taken. Conceptual review of new construction (duplex) Address/ Legal Description: 154 Beaver Dam Road/Lot 27, Block 7, Vail Village Filing 1 Planner: Greg Roy Applicant Name: Kenneth & Judy Robins, represented by Berglund Architects 3.3 DRB23-0398 - Robins Residence Conceptual only. No action taken Design Review Board Minutes Wednesday, December 6, 2023 2:00 PM Vail Town Council Chambers DRB23-0387 Bergey, Plan Set.pdf DRB23-0387 Bergey, Existing Photos.pdf Kathryn Middleton made a motion to Approve with the findings the application meets 14-10-3 & 14-10-5; Herbert Roth seconded the motion Passed (5 - 0). DRB23-0420 Photos.pdf DRB23-0420 Plan Set.pdf DRB23-0398 Plans.pdf DRB23-0398 Renderings.pdf 1 Design Review Board Meeting Minutes of December 6, 2023 152 Conceptual review of exterior finishes Address/ Legal Description: 1281 North Frontage Road West/Lot 1, Timber Ridge Subdivision Planner: Greg Roy Applicant Name: Town of Vail, represented by George Ruther 3.4 DRB23-0431 - Timber Ridge Conceptual only. No action taken. 4.Staff Approvals Final review of a change to approved plans (sign) Address/ Legal Description: 1783 North Frontage Road West/Lot 1, WB Vail Subdivision 4.1 DRB22-0199.001 - Marriott Residence Inn Planner: Jonathan Spence Applicant Name: Vail Hospitality Group, represented by Eclipse Sign Final review of a change to approved plans (reduction in square footage) 4.2 DRB22-0451.002 - Zimmermann Residence Address/ Legal Description: 2665 Larkspur Lane/Lot 7, Block 2, Vail Intermountain Development Subdivision Planner: Jamie Leaman-Miller Applicant Name: Deborah Zimmermann, represented by NDG Architecture Final review of a change to approved plans (stucco) Address/ Legal Description: 5109 Black Bear Lane/Lot 2, Block 2, Gore Creek Subdivision 4.3 DRB23-0105.001 - Hollis Residence Planner: Jonathan Spence Applicant Name: Hollis Family, represented by Pierce Austin Architects Final review of an exterior alteration (deck) Address/ Legal Description: 5133 Black Bear Lane/Lot 14, Block 2, Gore Creek Subdivision 4.4 DRB23-0358 - Kudner Residence Planner: Greg Roy Applicant Name: Jacqueline Kudner, represented by KH Webb Final review of an exterior alteration (pool fence) Address/ Legal Description: 2211 North Frontage Road West/Lot 1, Highline Sub 4.5 DRB23-0373 - Highline Hotel Planner: Greg Roy Applicant Name: Highline Hotel, represented by Pierce Austin Architects Final review of an exterior alteration (door/windows) Address/ Legal Description: 1518 Buffehr Creek Road C28/Parcel A, Lion's Ridge Subdivision Filing 2 4.6 DRB23-0376 - Chateau Bordeaux LLC Planner: Heather Knight Applicant Name: Chateau Bordeaux, represented by Lifetime Windows and Siding DRB23-0431 Plans.pdf 2 Design Review Board Meeting Minutes of December 6, 2023 153 Final review of an addition (deed restriction removal) Address/ Legal Description: 1779 Sierra Trail/Lot 18, Vail Village West Filing 1 4.7 DRB23-0378 - Rodriguez Residence Planner: Heather Knight Applicant Name: Luis Rodriguez Final review of an exterior alteration (mini split) Address/ Legal Description: 680 Lionshead Place 109/Lot 3, Vail Lionshead Filing 3 4.8 DRB23-0385 - Newbill Residence Planner: Heather Knight Applicant Name: James Newbill, represented by Climate Control Company Final review of a sign application Address/ Legal Description: 278 Hanson Ranch Road 105/Lot A - C, Block 2, Vail Village Filing 1 4.9 DRB23-0386 - First Chair Planner: Heather Knight Applicant Name: First Chair, represented by Drew Riley Final review of an addition 4.10 DRB23-0391 - Peterson Residence Address/ Legal Description: 2972 Bellflower Drive/Lot 14, Block 6, Vail Intermountain Development Subdivision Planner: Jamie Leaman-Miller Applicant Name: Ralph & Joyce Peterson and William & Kelly Garehimes, represented by Allen-Guerra Architecture Final review of an exterior alteration (HVAC) Address/ Legal Description: 20 Vail Road/Lot 1, Sonnenalp Subdivision 4.11 DRB23-0405 - Sonnenalp Planner: Heather Knight Applicant Name: Sonnenalp Properties, represented by Hawks Air Service Final review of an exterior alteration (EV chargers) Address/ Legal Description: 1309 Elkhorn Drive/Unplatted - TOV Public Work Offices 4.12 DRB23-0410 - Town of Vail Planner: Greg Roy Applicant Name: Town of Vail, represented by Cameron Millard Final review of a sign application Address/ Legal Description: 531 East Lionshead Circle/Lot 3, Block 1, Vail Lionshead Filing 1 4.13 DRB23-0411 - Charlie's T-Shirts Planner: Heather Knight Applicant Name: Charlie's T-Shirts, represented by Loan Nguyen Final review of a sign application Address/ Legal Description: 16 Vail Road/Lot M & O, Block 5D, Vail Village Filing 1 4.14 DRB23-0412 - The Sebastian 3 Design Review Board Meeting Minutes of December 6, 2023 154 Planner: Jamie Leaman-Miller Applicant Name: The Sebastian, represented by Art Form Signs & Lighting Final review of a tree removal Address/ Legal Description: 131 West Meadow Drive/Lot D1, Vail Village Filing 2 4.15 DRB23-0413 - Scorpio Condos Planner: Heather Knight Applicant Name: Scorpio Condominiums, represented by Old Growth Tree Service Final review of a tree removal Address/ Legal Description: 122 East Meadow Drive/Lot K, Block 5E, Vail Village Filing 1 4.16 DRB23-0414 Village Center Vail Planner: Heather Knight Applicant Name: Village Center Vail, represented by Old Growth Tree Service Final review of an exterior alteration (garage door) 4.17 DRB23-0417 - King Residence Address/ Legal Description: 4595 Bighorn Road A-West/Lot 3 - 5, Block 1, Bighorn Subdivision 3rd Addition Planner: Heather Knight Applicant Name: Vail Chalet 4595 LLC, represented by Matthew King Final review of an exterior alteration (windows/doors) Address/ Legal Description: 3150 Booth Falls Court West/Lot 4, Block 2, Vail Village Filing 12 4.18 DRB23-0419 - Scott Residence Planner: Heather Knight Applicant Name: Alan Scott, represented by Pure Design Studio Final review of an exterior alteration (HVAC) Address/ Legal Description: 715 West Lionshead Circle/West Day Subdivision 4.19 DRB23-0422 - The Hythe Planner: Jamie Leaman-Miller Applicant Name: The Hythe, represented by Eagle Mountain Plumbing & HVAC Final review of an exterior alteration (windows) Address/ Legal Description: 4061 Bighorn Road 12K/Pitkin Creek Park Phase III 4.20 DRB23-0423 - Balsom Residence Planner: Heather Knight Applicant Name: Jordan Balsom, represented by Lifetime Windows and Siding Final review of an exterior alteration (windows/doors) Address/ Legal Description: 1780 Sierra Trail/Lot 24, Vail Village West Filing 1 4.21 DRB23-0424 - Schmidt Residence Planner: Jonathan Spence Applicant Name: Austin & Jessica Schmidt 4.22 DRB23-0427 - Hulser Residence 4 Design Review Board Meeting Minutes of December 6, 2023 155 Final review of an exterior alteration (window) Address/ Legal Description: 380 East Lionshead Circle 380/Lot 7, Block 1, Vail Lionshead Filing 1 Planner: Jonathan Spence Applicant Name: Frederick Hulser, represented by TAB Associates Final review of an exterior alteration (garage door) 4.23 DRB23-0430 - Morken Residence Address/ Legal Description: 4595 Bighorn Road A-East/Lot 3 - 5, Block 1, Bighorn Subdivision 3rd Addition Planner: Heather Knight Applicant Name: Jonathan & Vicki Morken, represented by Matthew King 5.Staff Denials 6.Adjournment Kathryn Middleton made a motion to Adjourn ; Herbert Roth seconded the motion Passed (5 - 0). 5 Design Review Board Meeting Minutes of December 6, 2023 156 Present:Bill Jensen Robyn Smith Brad Hagedorn Scott McBride John Rediker Henry Pratt Bobby Lipnick 1.Virtual Link Register to attend the Planning and Environmental Commission meeting. Once registered, you will receive a confirmation email containing information about joining this webinar. 2.Call to Order 3.Swearing In New Members Stephanie Bibbens, Town Clerk, performs the swearing in of Scott McBride. 4.Election of Officers Jensen nominates Pratt as vice chairman, Lipnick seconds. Vote passes 7-0. Hagedorn nominates Smith for Open Space Board of Trustees, Lipnick seconds. Vote passes 7- 0. 5.Main Agenda Planner: Jamie Leaman-Miller Applicant Name: Vail 244 Wall St LLC, represented by Designhaus Architecture 5.1 A request for a review of a Minor Exterior Alteration, pursuant to Section 12-7B-7 Exterior Alterations or Modifications, Vail Town Code, to allow for the expansion of a second-floor residence and exterior revisions to ground floor units, located at 244 Wall Street, Lot A & C, Block 5C, Vail Village Filing 1, and setting forth details in regard thereto. (PEC23-0027) Planner Leaman-Miller gives a presentation on the application. He goes over the location of the site and the reason for the application and walks the Commission through the plans. Rediker asks a clarifying question on the deck on the south side. Leaman-Miller answers that there are existing decks in the area and are proposed to be connected. Leaman-Miller continues with the presentation and explains how the application meets the development standards and review criteria. Staff is recommending approval with conditions. Planning and Environmental Commission Minutes Monday, December 11, 2023 1:00 PM Vail Town Council Chambers PEC23-0027 Staff Memo .pdf A. Vicinity Map.pdf B. Applicant Narrative & Documents.pdf C. PEC23-0027 Plans.pdf 1 Planning and Environmental Commission Meeting Minutes of December 11, 2023 157 A request for the review of a Prescribed Regulation Amendment pursuant to Section 12-3- 7 Amendment, Vail Town Code, to amend Section 12-6I Housing (H) District, to change the development review process and standards, and amend Chapter 12-6 Residential District, to add Housing 2 (H-2) District. To also amend Section 14-6-7 Retaining Walls and 14-10-9 Fences, Hedges, Walls and Screening to increase the maximum height of retaining walls within the Housing zone districts (PEC23-0026) Smith ask if the 250 ordinance is 12-5-5 or 12-15-5? Leaman-Miller answers 12-15-5. Hagedorn asks if this qualifies under the 250 ordinance. Leaman-Miller confirms it does meet the requirements. No further questions for staff. Osman Nalbantoglu (owner of the unit) introduces himself. He goes over his history in town and his intentions to move into the unit full-time when the remodel is completed. Peter Stuhlreyer on behalf of DesignHaus describes the application and how the project is primarily interior but has exterior implications. He walks through some of the plans and explains the proposed changes. A balcony was enclosed to capture interior living space. This represents an enclosed area that requires the PEC application. Hagedorn asks if there is a new encroachment agreement in place yet for the West side of the balcony. Stuhlreyer says it is in works and fundamentally agreed upon but not completed as of yet. Rediker asks for public comment. Jeff Babb, Senior Director of Operations of Vail Resorts, answers the question from Hagedorn that the easement encroachment in the works. He also represents the HOA and are in favor and approving of the application. Peter Knobel, owner of the commercial space below, gives comment. He is fully in favor of the project. Owner has been very open and agreeable to feedback. No further comment in the room and no hands raised online for comment. Rediker reviewed the criteria for the enclosure and believes it meets the design guidelines as set out in the Urban Design Guidelines. Agrees with staff analysis that the criteria are met. Smith confirms and agrees with the statements. Commissioner comments closed. Bobby Lipnick made a motion to Approve with the conditions and findings on page 7 of the staff memorandum; Robyn Smith seconded the motion Passed (7 - 0). 5.2 2 Planning and Environmental Commission Meeting Minutes of December 11, 2023 158 Planner: Greg Roy Applicant Name: Town of Vail and Vail Local Housing Authority, represented by Dominic Mauriello of Mauriello Planning Group Planner Roy gives a brief introduction. Rediker asks about the process. Hagedorn asks about the reservations at the council meetings. Roy walks through some of the results of the Council meeting. Dominic Mauriello with Mauriello Planning Group gives a presentation. He touches on existing goals and policies, proposed amendments to the housing district, goals for updating the Housing (H) zone district, and changes from the previous recommendation. Lipnick asks about changes to conditional uses. Mauriello says accessory uses must be accessory to a housing project, whereas conditional uses must be approved by the PEC. Mauriello continues with the proposed changes to the Housing district. Jensen says he still has concerns about the setbacks. Mauriello says the setbacks are the same as what was previously recommended. Jensen asks about the 1.05 number for parking ratio. Mauriello says that was based on a 5% increase on parking standard. People were somewhat comfortable with the 1:1 ratio, this is intended to provide an extra appropriate amount of flexibility but not burden the project with too much parking. Rediker asks some clarifications about the redline version. Roy talks about the evolution of the mobility section as existing and proposed. Hagedorn asks if these are minor changes to take another chance with the new council. Mauriello says there are some changes. We could also appease some of the concerns from the PEC. The proposed projects right now comply with what is proposed in the H district. Pratt asks about the Middle Creek site. Roy says he will have more information during the update portion of the meeting, but that project is moving forward. Jensen says going from 75 to 65% helps him a lot in regard to the scale. Smith clarifies that accessory uses will be reviewed by staff. McBride asks about the justification for the changes to the setbacks from existing. Mauriello says there have been a lot of variance requests with previous proposals for side setbacks, they also want to give as much potential space on a site. Roy says the setbacks are from the perimeter of the district, not the lot. PEC23-0026 Memo 12-11-23.pdf Attachment A. Proposed Code Language 12-7-23.pdf 3 Planning and Environmental Commission Meeting Minutes of December 11, 2023 159 Rediker asks for public comment. There is none. Rediker asks for commissioner comment. Smith supports this proposal as in the past. The minor changes from last time are acceptable. The problem we’re solving is this environment of contention with undefined standards in the Housing district. When you get noticed for a Housing district next to you currently you don’t know what the standards are, it creates stress for the developer and the community. We need defined standards, so we know what we’re talking about at the zoning level. The standards meet the criteria and concurs with the findings. Lipnick supports for multiple reasons. We’re defining standards for the district; they are not ambiguous as previously found. We’re promoting private sector investment to create deed-restricted homes. We’re breaking down barriers to development – unknowns, timing, predictability. It develops a streamlined, predictable review process. Pratt agrees that we need to set some of the entitlement standards. Having gone through a process he didn’t find it all that difficult, which has been the case for most. However, when you start to push the envelope, it is the right of the town to review. Some of the standards he has no problem with, but is steadfastly against 82.5’ in height and 70’ for flat roofs. Should be closer to HDMF as a use by right. 15’ for retaining walls is tall, would be more comfortable with 8’ and review when you go higher. 1 space per unit is not appropriate parking for 6-bedroom units. Jensen is in support and values the decrease in site coverage to 65%. His sense is the economics are still not favorable and the Town will continue to be some kind of partner. At what point do we say that deed-restricted Housing in this partnership is for employees that work in the Town of Vail, maybe something for Council to look at. Hagedorn reiterates support from previous consideration. Agrees with defined standards, without that you have a more onerous path, this reduces ambiguity. There is not a guaranteed outcome and it changes dependent upon who is sitting on the board. Anything is helpful that shifts the economics, even on the margins. Understands the concerns on height, but this is density where we want density. There is extremely limited H zoned property in the Town of Vail. Any future parcels to be rezoned must come to the PEC to see if it is suitable. Supports H2 zone district, housing-lite district depending on circumstances. McBride sees it as a mixed bag but likes the certainty it provides. Appreciates decrease in site coverage from previous proposal. Not as sold on ratio for parking, units with more bedrooms can be problematic with that. Would like to understand more of the reasoning for the 1.05:1 parking ratio. He references some of the proposed projects underway, appreciates where this proposal promotes private sector to invest in deed-restricted homes. Rediker supports more definitive standards; they provide more certainty and are more in line with other zone districts. Rediker has three concerns still: use by right building height of 82.5’ and 70’; we don’t know where the H district may be rezoned in the future. There might be more flexibility in where we can rezone for housing if the height was brought down, there should be some PEC oversight. Would like to see building height lowered, a variance could be requested for additional height. Appreciates the site coverage changes, supports 65% site coverage. Start with a more appropriate setback which is 20’, then someone could seek a variance from there for more. The 1.05 parking ratio is too low – the mobility plan doesn’t adequately address parking concerns. Triumph management stated that they were having a difficult time managing parking at Residences at Main Vail with a similar ratio. Generally, criteria #1 is met. Because of parking, setbacks, height concerns, Criteria 2 and 4 are not being met. Mauriello states there is still rezoning process – it’s during that process the PEC will determine if the 4 Planning and Environmental Commission Meeting Minutes of December 11, 2023 160 district is appropriate at that time. Most of the previously approved projects have been approved at 1:1 ratio, this has been recurring and approved, let’s add a little bit more to deal with guest parking etc.He talks about the market forces in relation to parking, influences who will live there. Rediker asks where else are we reasonably looking where H or H2 could be applied. If you lock in the use by right at 82.5’ you’re going to get a lot of opposition. Mauriello says time will tell. There could be future amendments or having a third option. Pratt asks if a development plan is required for rezoning. Roy says no. Mauriello say no but you will have a sense of what it could be as far as the zoning standards. The PEC will still review these as rezoning applications come in. Jensen asks about theoretical rezoning scenarios. Roy discusses the height difference between H1 and H2. Hagedorn says H2 is a more palatable option in some cases, if the height is not enough there a variance could be requested as well. Smith asks about council and the variance process. Wonders if we’re relying on the variance process for approval of everything coming through the housing process. Asks about the difference between H2 and HDMF. Pratt talks about the deed-restrictions in the H district. Mauriello says there may have been a misunderstanding of the rezoning process and what the DRB can do. Rediker walks through the criteria for a variance. Concerned about parking and setbacks, also height to a lesser extent. Smith and Redeker discuss height considerations and scenarios. Pratt understands that H2 is more for residential neighborhoods, H1 is more for large scale multi-family. Hagedorn thinks H2 is appropriate, doesn’t want to create a heavier lift for H2 rezoning. Smith agrees. Commissioners discuss the code for height calculations in Lionshead. Smith says H2 is reasonable. H1 is huge, but it is supposed to be. It is rare that we get to create a zone district in Vail. There are differences of opinions on parking - if we don’t allow for a 1:1 parking ratio we are telling people that they are required by law, they don’t have the opportunity to make the choice. The consumer should make that choice and we should have the minimum standard. Hagedorn asks other commissioners what height would make them comfortable. Rediker says he is in the 70’s, Pratt is lower than that. Pratt says if you want to go higher come and talk to us. Without a development plan at rezoning, you have no idea what is going to go there. Smith says currently we don’t have know what is going to be built. Pratt says yes but they have to come before the PEC. Smith speak to the uncertainty in the current setup, zoning standards can change based on the board. 5 Planning and Environmental Commission Meeting Minutes of December 11, 2023 161 Pratt says 20 years ago, if you came in with an 80’ building height you would have been laughed out of the room. His point is that the PEC should have the ability to monitor anything over a certain height. Mauriello asks about the current properties in the H district, is the PEC comfortable with an 82’ in those locations. Rediker says those were determined on a case-by-case basis. It passed boards and commissions. Mauriello says today the amendment only applies to the properties with that zoning. If someone comes in with a new property for rezoning it will be a high burden to show it fits that zoning. Roy talks about where Housing zoning is currently applied. Rediker asks if the variance criteria are too onerous for people regarding the height. Mauriello talks about the history of variance requests in town. He says he’s getting a sense there could be a third option with a medium height. Rediker asks about areas where H2 may be appropriate. Mauriello says there are a variety of areas around town where it could work. Rediker says in the west Vail commercial area, H1 may be too high but H2 might not be enough. Mauriello says they may not be applicable because of the commercial uses there. Roy says it’s likely that area will have its own zone district which is more appropriate. The Housing district does not allow for the commercial uses suitable for the west Vail commercial area. Smith say’s we’re not giving anything away – these are options that future boards and councils can look at that the rezoning phase. Robyn Smith made a motion to Approve with the findings on page 19 of the staff report; Brad Hagedorn seconded the motion Passed (4 - 3). Voting For: Bill Jensen, Bobby Lipnick, Robyn Smith, Brad Hagedorn Voting Against: Henry Pratt, John Rediker , Scott McBride 6. Approval of Minutes 6.1 PEC Results 11-13-23 PEC Results 11-13-23.pdf (Lipnick & McBride abstain) Robyn Smith made a motion to Approve ; Bill Jensen seconded the motion Passed (5 - 0 - 2). 7.Information Update 8.Adjournment Robyn Smith made a motion to Adjourn ; Henry Pratt seconded the motion Passed (7 - 0). 6 Planning and Environmental Commission Meeting Minutes of December 11, 2023 162 AGENDA ITEM NO. 4.1 Item Cover Page DATE:December 19, 2023 SUBMITTED BY:Missy Johnson, Housing ITEM TYPE:Information Update AGENDA SECTION:Information Update SUBJECT:November 14, 2023 VLHA Meeting Minutes SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 2023-11-14 VLHA Minutes.pdf 163 Vail Local Housing Authority Minutes Tuesday, November 14, 2023 3:00 PM Virtual on Zoom and PRESENT ABSENT Steve Lindstrom James Wilkins Craig Denton Kristin Williams Dan Godec STAFF George Ruther, Housing Director via Zoom Martha Anderson, Housing Coordinator Missy Johnson, Housing Coordinator 1. Call to Order 1. 1 Call to Order Meeting called to order at 3:26 p.m. with the group on Zoom and several participants gathered in the Community Development small conference room. 1.2 Zoom Meeting 1 2. Citizen Participation 2.1 Citizen Participation Several residents of Chamonix Vail Community joined the VLHA meeting in person in requesting to institute a system, similar to that of Miller Ranch/Eagle County, where current owners have priority in future lotteries. Molly Rabin, 5-year resident of Chamonix Vail pointed out stats for the neighborhood: in the last 5 years, 6 children were born and currently there are 13 elementary age children or younger in the community. The community is finding that smaller family members would like to move up in size up more easily to grow in the community. Kevin Denton, joined via zoom, informing the Authority that the HOA will have a vote later in December in hopes to add a ROFR. The community will start with a vote and then follow up with Ruther and the team to see if there is support and/or to hear more. Carol Johnson, owner in Chamonix Vail, is in support of the ROFR in order for families to move up in size. She spoke about her thoughts about the unintended consequences. This group of owners were to the understanding that a Chamonix Vail community owner is not allowed the "up to three" tickets for the lottery. Robyn Smith, lives in Chamonix and serves on the planning commission. She pointed out the simplicity of the current (housing) lottery system and quoted Ruther, "Vail's secret sauce is our people." Smith values the contribution of families (with children) in the 164 community. Over the last 10 years, Vail has lost half of it's residence population with children. She suggests that there is a unique environment in Chamonix Vail, and if we can figure out how to grow lifers it would be interesting to see what they could do in the future. Victor Hoyas, Chamonix owner, was also present. Authority member Godec appreciates the input and would like discuss further. Denton was glad to have the opportunity to listen and that it is obviously something to discuss. Anderson thanked the participants for raising the important issues in the Vail Community. She clarified that an owner who owns deed-restricted housing, including a Chamonix owner is still able to get the three points for the lottery. Williams commented with her appreciation and requested if there is support to put the topic on a future agenda and have legal weigh in if that is appropriate. She commented to if we were to make movement in this neighborhood, to consider how it may affect other similar neighborhoods in the Town of Vail. Denton asked if the attorney of the HOA is the same as our attorney. Hoyas suggested that it is a deed restriction issue. Lindstrom agreed that it is a Town deed restriction and that it can be discussed further while thinking about other deed restrictions and communities. Ruther suggested working with the owners to refine a proposal, fair through some of the trade-offs and come back to the Housing Authority. He believes there will be further policy discussions. 3. Approval of Minutes 3.1 VLHA October 24, 2023 Minutes MOTION: Williams SECOND: Denton PASSED: (4 - 0) 4. Main Agenda 4.1 Colorado Housing and Land Use Survey Results Presenter(s): David Flaherty, CEO & Founder of Magellan Strategies This agenda item is moved to the next meeting. 4.2 Discussion on Deed Restricted Home Demographics Presenter(s): George Ruther, Housing Director This agenda item is moved to the next meeting 5. Matters from the Chairman and Authority Members 5.1 Matters from the Chairman and Authority Members Presenter(s): Steve Lindstrom, VLHA Chairman Lindstrom gave highlights from the last Council meeting related to changes to the Housing Zone District. There was a 3:3 vote so it will go back through the planning commission (PEC). 165 Anderson reminded the group that the December 26th meeting is cancelled. She mentioned a possible December 12 holiday gathering in combination with the meeting. The Housing Team will circle back regarding dates/times. 8. Adjournment 8.1 Adjournment The meeting was adjourned at 3:56 p.m. MOTION: Williams SECOND: Godec PASSED: (4- 0) 9. Future Agenda Items 9.1 Vail Housing 2027 Land Banking Investment Banker Discussion Review Retirement and Remote Worker Policies Review Chamonix Vail Deed Restriction 10. Next Meeting Date 10.1 Next Meeting Date November 28, 2023 166 AGENDA ITEM NO. 4.2 Item Cover Page DATE:December 19, 2023 SUBMITTED BY:Missy Johnson, Housing ITEM TYPE:Information Update AGENDA SECTION:Information Update SUBJECT:November 28, 2023 VLHA Meeting Minutes SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 2023-11-28 VLHA Minutes.pdf 167 Vail Local Housing Authority Minutes Tuesday, November 28, 2023 3:00 PM Virtual on Zoom and in Council Chambers PRESENT ABSENT Steve Lindstrom Craig Denton – Via Zoom Kristin Williams Dan Godec James Wilkins STAFF George Ruther, Housing Director via Zoom Missy Johnson, Housing Coordinator 1. Call to Order 1. 1 Call to Order Meeting called to order at 2:59 p.m. 1.2 Zoom Meeting 1 1.3 Zoom Meeting 2 2. Citizen Participation 2.1 Citizen Participation – none today 3. Approval of Minutes 3.1 VLHA November 14, 2023 Minutes MOTION: Williams SECOND: Godec PASSED: (5 - 0) 4. Main Agenda 4.1 Colorado Housing and Land Use Survey Results Presenter(s): David Flaherty, CEO & Founder of Magellan Strategies This agenda item is moved to the next meeting. 4.2 Discussion on Deed Restricted Home Demographics Presenter(s): George Ruther, Housing Director This agenda item is moved to the next meeting 4.3 2024 VLHA Operating Budget Discussion Listen and provide feedback on the VLHA 2024 Operating Budget prior to the 2024 Budget Resolution on December 12, 2023. Staff recommends that the Vail Local Housing Authority approve or approve with changes, the 2024 Operating Budget of $68,670. Presenter(s): Jake Shipe, Budget Accountant and George Ruther, Housing Director 168 The budget was presented by Shipe. The authority asked if any fund balance is reserved. Ruther suggested to request for the legal fees to be adjusted to $7,500 and the Authority agreed. Finance will make adjustments for the budget reading at the December 12 meeting. The budget resolution will be on the agenda for the next meeting. 4.4 Chamonix Townhomes Right of First Refusal Discussion Presenter(s): George Ruther, Housing Director The Authority discussed the items that were brought forth in Public Comment by several owners within the Chamonix Vail community. The consensus from the owners at the Public Comment was their desire to add a ROFR to the Chamonix Vail Community deed restriction which will allow owner first rights of properties before they go to public lottery. They wish to explore the possibilities of this route in effort for growing families to remain in the community. The Authority agrees to discuss and further explore the options and alternatives of a policy change and Ruther will follow-up with Town Attorney in effort to determine if this is an option and report back to the Authority. Ruther will get through the practical questions and legalities and then report back to the Authority so they have an opportunity to make a recommendation to Town Council. Additionally, other HOAs and Vail InDEED owners need to be considered when determining the next steps. Amendments to HOA documents would also require mortgage lender weigh in. Lindstrom reminds the Authority to consider unintended consequences that excludes other potential owners who have an equal opportunity. Williams appreciates the group exploring it, based on a compelling argument to keep families in Vail. 5. Matters from the Chairman and Authority Members 5.1 Matters from the Chairman and Authority Members Presenter(s): Steve Lindstrom, VLHA Chairman The Authority discussed what the Magellen discussion and demographic discussion may entail for next time. There will be a Authority holiday gathering in early December with more information coming soon. Williams moved to exit regular session and enter Executive Session. MOTION: Williams SECOND: Wilkins PASSED: (5 - 0) 6. Executive Session 6.1 Executive Session per C.R.S. §24-6-402(4)(a)(e) - to discuss the purchase, acquisition, lease, transfer or sale of real personal or other property interests and to determine positions relative to matters that may be subject to negotiations regarding certain real property acquisitions. Presenter(s): Steve Lindstrom, VLHA Chairman 7. Any Actions as a Result of Executive Session 7.1 Any Action as a Result of Executive Session Presenter(s): Steve Lindstrom, VLHA Chairman The regularly scheduled meeting reconvened at 4:13 p.m. There are no direct recommendations for Town Staff at this time. 169 8. Adjournment 8.1 Adjournment The meeting was adjourned at 4:15 p.m. MOTION: Wilkins SECOND: Williams PASSED: (5- 0) 9. Future Agenda Items 9.1 Vail Housing 2027 Land Banking Investment Banker Discussion Review Retirement and Remote Worker Policies Review Chamonix Vail Deed Restriction 10. Next Meeting Date 10.1 Next Meeting Date December 12, 2023 170 AGENDA ITEM NO. 4.3 Item Cover Page DATE:December 19, 2023 SUBMITTED BY:Steph Johnson, Town Manager ITEM TYPE:Information Update AGENDA SECTION:Information Update SUBJECT:Vail Public Library 40th Anniversary SUGGESTED ACTION:The Vail Public Library received a two-page spread in Give Magazine in recognition of their 40th Anniversary. VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Give-2023-VailPublicLibrary-3.pdf 171 14 GIVE GIVE 15 W hen Mrs. Betty Ford cut the ribbon to open the Vail Public Library in the summer of 1983, she followed in the footsteps of another founding mother, Mrs. Betty Seibert. It began as an ad, that Mrs. Seibert answered. In the fall of 1963, the Colorado State Library was looking to expand library resources on the Western Slope. Over the years that followed, that initial response became today’s Vail Public Library, on West Meadow Drive. To celebrate its 40th anniversary this year, the library “got the band back together” for a special evening - to celebrate those whose efforts ensured Vail would have a library. Founders and newcomers alike joined in honoring those early ski town pioneers whose vision of community continues today at Vail Public Library. In true Vail form, the evening was more about the future than the past. About the role of public spaces and the social infrastructure that connects us with each other and our community. About friendships and the face-to-face interactions which change us because we are part of something. About just how essential libraries are to move society forward. What began in 1963, continues today at Vail Public Library. The digital world has changed the delivery of services and offerings, but not the values which inspired a mountain, a town, and its library. Whether you are looking for a book or other resources, attending a program or enjoying a Story Time activity, Vail Public Library welcomes you. Don’t wait to discover us. Join us! for the next 40 years and be part of the success, the community, the connection at Vail Public Library. 292 W. MEADOW DRIVE • VAIL, CO 81657 • 970.479.2184 VAILLIBRARY.COM • LIBINFO@VAILGOV.COM SCAN TO GIVE mission To connect with our community through services and resources Mayor Kim Langmaid, Susan (Ford) Bales, Town Manager Russell Forrest, Library Director Lori A. Barnes Bill Willto, Jack Eck, Pete Thompson Kim Langmaid offering a toast in celebration of the 40th anniversary Charlyn Canada (1st Library Director), Lori A. Barnes, (current Library Director) (near bronze plaque) Architects Pam Hopkins and Craig Snowdon Russell Forrest, Kim Langmaid, Kerry Donovan Councilman Pete Seibert with Sally Hanlon & Mary Pownall Brian Maloney, Sally Johnston, Rod & Beth Slifer, Michelle Maloney (near bronze plaque) 172 AGENDA ITEM NO. 5.1 Item Cover Page DATE:December 19, 2023 SUBMITTED BY:Steph Johnson, Town Manager ITEM TYPE:Matters from Mayor, Council and Committee Reports AGENDA SECTION:Matters from Mayor, Council and Committee Reports (10 min.) SUBJECT:Finalize Council Committee Appointments SUGGESTED ACTION:Make appointments for the 2023 - 2025 term. VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 173