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HomeMy WebLinkAbout02. VEAC Minutes 03-14-2017VEAC Meeting – March 14, 2017 Page 1 of 2 Vail Economic Advisory Council (VEAC) March 14, 2017 MEETING MINUTES ______________________________________________________________________ Packet materials found here: http://bit.ly/2lvpZPs VEAC Members Present: Phil Metz, Chris Romer, Greg Moffet, Kim Newbury-Rediker, Rayla Kundolf, Brian Nolan, Lori Pohl, Matt Ivy, Doug Lovell, Matt Morgan, Mike Glass, Mia Vlaar, Laurie Mullen, Bob Boselli, Alison Wadey, Mike Imhof, Bob Ford, Mark Gordon, Rob LeVine Town of Vail Staff Present: Kelli McDonald – Economic Development Manager, Kathleen Halloran – Finance Director, Stan Zemler – Town Manager, Patty McKenny – Town Clerk, Chris Lubbers – ECO Transit ECO Transit Update, Chris Lubbers (60 minutes) Mission of ECO Transit is to “Get Workers to Work”. ECO Transit is financially sound operating with fares which account for 25% of revenue and the remainder coming from a .5% sales tax. Eagle County trail connectivity is first on the governor’s list of Col orado 16. County is embarking on a Transit Development Plan with a consultant to interview all stakeholders over the next 12 – 14 months regarding systems, routes and service. Air Alliance funding is a small part of the study. VEAC would like to have consu ltant make a presentation to the group. Financial Report, Kathleen Halloran (15 minutes) Revenue Highlights Upon receipt of all sales tax returns, January collections are estimated to be down 2.0% from last year. RETT collections through February 28, 2017 total $815,176 up 11.4% from this time last year. Pass sales are down 1.5% from prior winter season through February 28 and daily sales from the parking structures are down 6.3% from the prior winter season. Town Manager’s Report, Stan Zemler (15 minutes) Questions on opening dates for DoubleTree, Hotel Talisa and The Lion. No firm dates. Discussion of Town Manager recruitment, interview and hiring process. Chamonix Neighborhood report given regarding project start date, budget, contracts, develo per agreement and lottery process. Marriott Residence Inn has begun preliminary work on the site. I-70 Underpass will begin construction again when the mountain closes. There will be no charge for summer parking in the structures this summer. Patty McKenny will be acting Town Manager when Stan leaves on March 31. VEAC Meeting – March 14, 2017 Page 2 of 2 Members thanked Zemler for forming the Vail Economic Advisory Council 10 years ago and for his 13 years of service to the town, community and businesses. Annual Community Meeting – March 14 at Donovan Pavilion, 5:00 – 7:00 PM Citizen Input (5 minutes) Other Business (5 minutes) Next Meeting: Tuesday, April 11, Antlers, 8:00-10:00 AM