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HomeMy WebLinkAbout1991-06-13 Town Council MinutesU 0 i MINUTES VAIL TOWN COUNCIL SPECIAL MEETING JUNE 13, 1991 7:30 P.M. A special meeting of the Vail Town Council was held on Thursday, June 13, 1991, at 7:30 P.M., in the Council Chambers of the Vail Municipal Building. MEMBERS PRESENT: Kent Rose, Mayor Tom Steinberg, Mayor Pro-Tem Lynn Fritzlen Robert LeVine Peggy Osterfoss Jim Gibson Mery Lapin TOWN OFFICIALS PRESENT: Ron Phillips, Town Manager Larry Eskwith,,Town Attorney Steve Barwick, Administrative Services Director The sole purpose of this meeting was to discuss the Berry Creek 5th Filing. Special notice had been circulated on May 13, 1991, to encourage all interested citizens to attend. Kent opened the meeting with a brief overview regarding the history and current status of the land, bringing all in attendance up to date on concerns related to the 105 acre parcel. In particular, this parcel was considered prime land the Town of Vail wanted to preserve. He advised that TOV has gone back to some agencies and interested private parties re: sale of property to them. Kent stated that the cash paid by TOV for the property has depleted TOV funds, and has created a financial strain on TOV. The meeting was then turned over to Steve Barwick. He noted that TOV paid $1.867 million cash out of general fund, leaving approximately $200,000 at year end. Steve said the Town would like to have $1.5 million in this fund. He then presented three options examined by the Town Council as possible ways to deal with the land. The options presented (all with $247,000 annual debt service) were: (1) Keep the land in TOV ownership, after obtaining financing for it; net impact = ($34,000) per year; (2) Intergovernmental agreement/ownership; net impact = $28,000 per year; (3) Sell the land; net impact = $160,000 per year. Overall impact of keeping the land would be approximately $200,000 per year. According to Steve Barwick, the Town estimates it would be able to carry this cost, with some cutbacks in capital projects, but it would be difficult to maintain growth projects. Kent noted that the restrictions put on the land in the contract by George Gillett related to the development of employee housing and recreation. Specifically: (1) 10 acres of the 105 acres would be required to be set aside for development of affordable housing; (2) Certain number of years to do zoning; (3) Certain number of years to do recreational development; (4) If timeline not met, back to Gillett. Kent then asked for public and Town Council input as to whether the land should remain public property or not. All those who spoke on the issue were concerned with (a) the ten acre employee housing parcel restriction issue; (b) the need for open space and recreational area, (c) real estate values, (d) balancing vision with fiscal realities, (e) infrastructure development, and (f) continuing work on other priority projects and services. Speaking on behalf of participating in some sort of joint ownership/financial assistance/keeping the land were: Howard Gardner (Eagle -Vail Metropolitan District Board of Directors), Larry Brooks (Berry Creek Metropolitan District), Ron Bullington (Western Eagle County Recreation Board), Don Welch (Eagle County Commissioner), Helen White (Colorado Mountain College), Jim Gibson, Peggy Osterfoss, Mery Lapin, Kent Rose, Tom Steinberg, Lynn Fritzlen, Rob LeVine, Ron Phillips, and Larry Eskwith. Speaking in favor of somehow keeping the land were: Bill Williams (long time resident of Edwards Metropolitan District), Joey Carfano (Eagle -Vail resident), Tim Garton, Hermann Stauffer, James Johnson (Vail resident), Larry Brooks, Phoebe Peterson (20 year resident), Werner Kaplan (3 year Vail resident), and Peter Jamar. Kent Rose noted that there is an overwhelming majority of input from public and Council to find a way to keep the property. Some discussion ensued regarding trying another election at a lower dollar amount. Many present felt the high dollar amount at the original election was the primary reason voters turned it down. The committee approach to the election and recreational development may have been too grandiose. All in all, feelings were that groups (intergovernmental participation/ private donations) must come together to carry the fiscal burden of keeping this land. Don Welch agreed that another County -wide vote is worth discussing. Kent asked Ron Phillips to speak with Howard Gardner to pursue all options; work with Four Metropolitan Districts to develop a proposal or consider special District elections. Ron asked Howard to mobilize intergovernmental groups to look at all options. Perhaps each government entity should have the choice of raising new revenue or taking money out of existing funds. Ron also offered giving Districts the option as a third option. The meeting was adjourned at 9:35 P.M. Respectfully submitted, Kent . Rose, Mayor Ip ATTEST: 0 0 �,m4,,j,q.4.B6ra4n4d-me"yel , Town Clerk Minutes compiled from notes taken by Dorianne S. Deto, Caroline Fisher, and Martha Raecker C:\MINS613.CUT • MEMORANDUM TO: Vail Town Council FROM: Ron Phillips DATE: March 21, 1991 SUBJECT: Berry Creek 5th Filing Tom Steinberg, Mery Lapin and I met with representatives of Avon and special districts in the upper Eagle County area last Tuesday morning to discuss the future of the Berry Creek 5th Filing. Mery and Tom explained to them what we had been through in trying to get George Gillett and Mike Shannon to remove restrictions, and that we have not been successful to this point. The decision of the Council to open the process to see what kind of offers might be elicited for sale of the land was shared with them, and the reasons for the Council's decision to elicit proposals were discussed. Those present included Howard Gardner from the Eagle -Vail Metro District, Gloria McGrory from Avon, Dan Corcoran from the Berry Creek Metro District, Jim Adams from the Arrowhead Metro District, and Lynn Robertson who acts as finance staff for a number of the districts. The entities represented indicated strong interest to be involved in the ownership of the land at a relatively minor. level. The two formulas of assessed valuation and a combination of assessed valuation population were discussed, and the group ended up suggesting that each of the four metro districts be involved in 5% of the ownership (20% total), and the Town of Avon be involved in 10% with Vail carrying the rest. The group asked that the Town Council have Larry Eskwith draw up an intergovernmental agreement that would allow their participation in ownership with some type of governing body, which would have voting weighted to the amount of ownership each entity has. In other words, the Town of Vail would retain weighted voting of 65%-70% since the Town's ownership would equal that amount. Mery and Tom made it clear that one of the Town's options would be to retain 100% ownership, and the other people present acknowledged that would be a possibility. They also indicated that they would prefer not to see the land sold to a private entity. Another item discussed was the fact that the other entities, if involved financially in purchasing the property, would also be asked within a relatively short time to contribute to infrastructure development and perhaps some limited recreation development to meet the restrictions in the contract with George Gillett. They indicated a willingness to do so, but also made it clear that they were individual board members and could not speak for all the members of their respective boards. It was felt the intergovernmental agreement should cover this issue, and they will present it to their respective boards in April. . It was also made clear Shannon have shown no contract, and in fact everyone realizes this to those present that George Gillett and Mike wiiingness to remove any restriction now in the intend to enforce the restrictions. I believe is a dilemna that has to be faced and dealt with. It is my recommendation that the Town Council discuss this issue at next Tuesday's meeting in an open session and that consensus be reached to give Larry clear direction of how the Council feels an intergovernmental agreement should be drafted. It was understood by all present that this is one option out of at least three that the Vail Council will be considering leading up to the June 1 deadline. The other two options are the possibility of selling the land to a private entity or the Town of Vail keeping the land with 100% ownership itself. RVP/sas • 91 Local Berry Creek land Vilr DAW Friday. August 24, 1990--Page 3 r £ negotiations continuing g BY Scott17aylor rfciry5�•RWfia Berry Creek • ' Options Negotiations with George Gillen to free up the Berry Creek fifth ASSBSSeCi filing could be difficult, local affieials,eamedThursday. Ualuaton Payment Estimated Payment: Representatives from six local governments and districts met to idtal. % of Assessed- F Population Assessed/ discuss ways of keeping the 105- acre parcel east of Edwards in:mil ions] total Value only ;Total Petg .: P.opulation publicly ownedgroup di The group discussed negotiations V II $2$3 2 62 3 :; $171,980 4,350 42 2 $144,215 with Gillett and Vail Associates Inc. to Town Bever CfeeiC iUitrCi 72 3 15 9 43,916 : ZOO 1 $ 24;635 get the of Vail out of a contract on the land. The group also 35 3 7 $ 21,461 1;400 13 6 29,470 discussed ways of dividing the cost of the Jana. E=gle Vail Metro 30 2 6 6 1:$,340 : 3,300 32 0 53,341 "Ail Town Manager Ron Phillips Burry reek. Metro 12.4 2 7 7 537 250 :. 2 4 , 7 . t he had spoken with Vail As- social" President Mike Shannon ArrOWilead Metro 10.9 2 4 6,648 10 _ 0 1 3,458 about releasing the town from a I~dwards Metro 7 5 i 7 : 4,580 400 3 9 purchase agreement an the land. Shannon is reluctant to remove the t_ke Creefc Metro 2 5 ! 0 6 1,53$ 400' 3 9 6�123 restrictions, Phillips said. "He told me he was not interes- Ceti in making it a land bank," Phil- OTAL 454 5 100 0 276,000 :' 10,3 i 0' 100 0 276,000: „ fps said. .., .: s Vail Purchased the 105 acres earlier this year for $1.4 million defeated the vafr Darcy y Ed Swartrey 2-1 margin, however, increase by a from Vail if the fawn fails to have it . town needs to get its money back columns). Each member 8 from the June Creek Ranch Co. Gillett had the right of first refusal presented zoned for recreation within three - either by selling all of the land the plan to their district and repor- According to the contract, Vail years or fails to begin construction g Pazt of it. led Thursday on how they reacted. must have 10 acres zoned for hous- on the land, but offered it to Vail if the town agreed to use it for within four. ing within two years and begin Phillips said he plans to meet governments ne is and districts saiidpresentatives from thelocal Avon Town Councilman Jim construction within three If they Stovall said he felts Vail and Beaver employee housing and recreation. The plats was to sell the land to years. with Shannon in September to dis- are still interested in reek —paying 78 percent of the purchasing C Vail fails either of those re- cuss the contract- Vail is also con- shales of the land. Vail presented a land costs annually or $215.896tout quirements, Gillett has the right to "angles" Eagle County if a countywide mill -levy increase Y sidering other to finance ro sal to the _ take those 10 acres back at no cost. the land, but did not elaborate on that showed each group last ofor much. Stovall said the lAv npay g P paying Townrecreational The contract also says that Gil- what those angles could be. The shares according to their assessed