HomeMy WebLinkAbout02. VEAC Minutes 10-10-17 FINAL
Vail Economic Advisory Council (VEAC)
October 10, 2017
MEETING MINUTES
________________________________________________________________________
Packet materials found here: http://bit.ly/2fJ55i7
VEAC Members Present:
Rayla Kundolf, Chris Romer, Mark Gordon, Alison Wadey, Kim Newbury-Rediker, Sara
Franke, Mike Glass, Matt Ivy, Mike Ortiz, Mia Vlaar, Dave Chapin
Town of Vail Staff Present:
Laura Waniuk - Event Liaison Specialist, Kathleen Halloran – Finance Director, Greg
Clifton – Town Manager, Greg Hall – Public Works Director
Others Present:
Cindy Krieg - Doubletree, Jessie Klehfoth – Vail Recreation District, Jason Polland -
Doubletree
2017-2018 Winter parking plan update by Town of Vail, Greg Hall (20 minutes)
The town has a goal of parking cars for only ten days on the Frontage Road. The last
two years the town has exceeded ten days. The council requested the Parking Task
Force investigate and work through some of the parking challenges.
Most of the transactions at the parking structures happen within the two hour parking
window. Since 2010 during the economic downturn, the council took the parking time
length from 90 minutes to two hours. The locals would abuse that two hour parking
window. The intention for 2 hour parking was for the guests to go to town, shop and eat.
Council recommendation would change the parking time from two hours to 90 minutes
and have a nominal charge of $5 (which for a local value pass holder, the charge would
only be $2.50). The two to three hour period would cost $10 and the three to four hour
period would be $20.
This year the town is planning to create a parking voucher program for $5. The town
pays $2.50 and the businesses pay $2.50, this will allow guests to park for free for 2
hours. Another issue is overnight parking; there is a $50 cost if guests leave their cars in
the structures overnight. The overarching goal is to drive people to take alternate modes
of transportation to come to Vail instead of using their cars. Looking ahead to 2018,
there is an approval for construction of the Red Sandstone Parking Structure. Since the
structure will be unmanned, that location will serve parking pass holders only, no hourly
parking allowed. Parking is still free after 3:00pm during the winter.
Chapin said that the change from 2 hours to 90 minutes will affect the locals first. But
that change was intended to reduce looping the structures. Solaris garage will cost $50
for 12 hours. Winter Park costs $48 to stay in the structure overnight. Chapin stated that
this is an answer to the demand of guests unable to finding parking in the structures.
Ortiz asked if Vail Resorts would support communication of the new parking fees and
VEAC Meeting – October 10, 2017 Page 1 of 3
schedules. Hall said there will be communication to and from the shuttle services and
lodging properties.
Parking Costs:
Gold Parking Pass $ 3,300.00 each
Silver Parking Pass $ 2,000.00 each
Blue Parking Pass $ 1,250.00 each
Green Parking Pass $ 625.00 each
Pink Parking Pass $ 200.00 each
Hourly Parking 0 minutes to 1.5
hours Free
Hourly Parking 1.5 hours to 2
hours $ 5.00
per
hour
Hourly Parking 2- 3 hours $ 10.00
per
hour
Hourly Parking 3-4 hours $ 20.00
per
hour
Hourly Parking 4 to 15 hours $ 30.00
per
hour
Hourly Parking 15 hours to 24
hours $ 50.00
per
hour
Financial Report, Kathleen Halloran (15 minutes)
Revenue Highlights
Upon receipt of all sales tax returns, August collections are estimated to be down 3.6%
from last year. Year to date is down 1.5% from the prior year. RETT collections through
September 26 total $4,751,048 up 22.2% from this time last year.
Summary
Across all funds, year-to-date total revenue of $45.4 million is up 2.3% from the amended
budget and down 1.5% from prior year. Variances from prior year are the result of
decreases in sales tax and construction fees.
Vail Recreation District Special Election, Jessie Klehfoth & Mike Ortiz (20 minutes)
Please see presentation at www.vailrec.com/election. The Vail Recreation District
(VRD) is seeking a tax increase. The tax rate for operations has not been increased in
24 years. There are capital needs now; the original tax rate was intended to cover
operating expenses only. The additional tax is $36 per year on a $500K valuation.
There are currently $3 million in reserves for the VRD.
If the property tax increase doesn’t pass, the VRD will have to increase activity fees,
which will mean a drop in participation. The new tax would become permanent.
VEAC Meeting – October 10, 2017 Page 2 of 3
The VRD provides a lot accessible activities for local residents. New programs include
the Imagination Station and the Gymnastics Center. Chapin said the council will
consider a resolution to support the VRD tax.
Town Manager’s Report, Q&A, Greg Clifton (45 minutes)
The discussion began with an introduction of VEAC members.
Clifton said that his transition went well between Telluride and Vail. Clifton discussed
current topics and challenges within the town of Vail. He continued to explain that there
are some similarities between Vail and his tenure in Telluride.
Chapin said that Clifton has a great background in state issues, a focus on
environmental issues and working with a ski operator.
Citizen Input (5 minutes)
Other Business (5 minutes)
Adjournment
Next Meeting:
Tuesday, November 14, Antlers, 8:00- 10:00 AM
VEAC Meeting – October 10, 2017 Page 3 of 3