23.12.04 DDA FINAL PACKET_____________________________________________________________________________________
MEETING AGENDAS AND PACKETS ARE FOUND AT: WWW.AVON.ORG
MEETING NOTICES ARE POSTED AT AVON TOWN HALL, AVON RECREATION CENTER, AVON ELEMENTARY AND AVON PUBLIC LIBRARY
IF YOU HAVE ANY SPECIAL ACCOMMODATION NEEDS, PLEASE, IN ADVANCE OF THE MEETING,
CALL TOWN CLERK MIGUEL JAUREGUI CASANUEVA AT 970-748-4001 OR EMAIL MJAUREGUI@AVON.ORG WITH ANY SPECIAL REQUESTS.
DOWNTOWN DEVELOPMENT AUTHORITY MEETING AGENDA
Monday, December 4, 2023
MEETING BEGINS AT 3:00 PM
Virtual only, via Zoom (see website’s Public Notice for details)
DOWNTOWN DEVELOPMENT AUTHORITY PUBLIC MEETING BEGINS AT 5:00 PM
1.CALL TO ORDER AND ROLL CALL
2.APPROVAL OF AGENDA
3.DISCLOSURE OF ANY CONFLICTS OF INTEREST RELATED TO AGENDA ITEMS
4.PUBLIC COMMENT – COMMENTS ARE WELCOME ON ITEMS NOT LISTED ON THE
FOLLOWING AGENDA Public comments are limited to three (3) minutes. The speaker may be given
one (1) additional minute subject to Board approval.
5.BUSINESS ITEMS
5.1. PUBLIC HEARING: Resolution 23-01, Adopting 2024 Budget for Avon Downtown Development
Authority
5.2. Update on Sun Road and East Avon Re-Development Planning Project
6.MINUTES
6.1. Approval of October 2, 2023 Downtown Development Authority Meeting Minutes (Town Clerk
Miguel Jauregui Casanueva)
7.ADJOURN
Public Comments: Avon DDA agendas shall include a general item labeled “Public Comment” near the beginning of all Board meetings. Members of
the public who wish to provide comments to the Board greater than three minutes are encouraged to schedule time in advance on the agenda and to provide written comments and other appropriate materials to the Board in advance of the Board meeting. The Chairperson shall permit public comments
for any action item or work session item and may permit public comment for any other agenda item, and may limit such public comment to three minutes
per individual, which limitation may be waived or increased by a majority of the quorum present. Article VI. Public Comments, Avon Downtown Development Authority Simplified Rules of Order
(970) 748-4055 predmond@avon.org
TO: Chairperson Tony Emrick and DDA Board Members FROM: Paul Redmond, Town of Avon Finance Director
RE: 2024 Proposed Budget for Downtown Development Authority
DATE: November 30, 2023
SUMMARY: The 2024 Budget for the Avon Downtown Development Authority (“Avon DDA”) is presented to the
Board of Directors for review and adoption. Adoption occurs by approval of the attached budget resolution 23-01.
BACKGROUND: The Avon DDA is considered a separate legal entity from the Town authorized by Colorado
State Statutes 31-25-801. The Avon DDA is required to adopt a budget each fiscal year (C.R.S. §31-25-816). In
addition, the Local Government Budget Law of Colorado requires every local government to adopt a budget each
year.
FINANCIAL: The proposed 2024 Budget Fund Summary is attached as an exhibit to this memorandum. Note the
summary is also included for informational purposes in the Town of Avon’s budget summary as a component unit
of the Town. We do not have any decent estimate of revenues that may be generated by the Avon DDA and we
do not have any identified or planned expenditures.
The proposed revenues of $100,000 and proposed miscellaneous expenditures of $10,000 are purely
placeholders for the purpose of adopting a budget for 2024 and complying with Colorado law. We are
coordinating with the Eagle County Assessor with regard to implementation of the tax increment financing
provisions. It appears that the Avon DDA may capture a significant majority of the increased valuation of new
construction from the dual brand hotel and Maverick gas station, so we are optimistic that the actual revenues in
2024 will be excess of $100,000. Local government budget law allows for amendments of the budget after
conducting a public hearing. We expect that we will propose budget amendments in 2024, probably in the 3rd
quarter, when we have a more accurate idea of the actual revenues.
TOWN MANAGER COMMENT: At the next Avon DDA Board of Directors meeting we will bring an agreement to
rebate or share back any tax increment captured by the Avon Station, Confluence and Village Metropolitan
Districts. This arrangement is consistent with the current arrangement with the Avon Urban Renewal Authority for
Avon Station and Confluence Metropolitan Districts.
RECOMMENDATION: Staff recommends the Board adopt the Resolution as presented.
PROPOSED MOTION: “I move to approve Resolution 23-01 adopting the proposed 2024 Budget for the Avon
Downtown Development Authority.”
ATTACHMENTS:
Attachment A - Resolution No. 23-01 Adopting 2024 Budget
Thank you, Paul
Avon Downtown Development Authority
Resolution No. 23-01 – Adopting 2024 Budget
December 4, 2023
Page 1 of 1
AVON DOWNTOWN DEVELOPMENT AUTHORITY
RESOLUTION 23-01
ADOPTING THE 2024 BUDGET
WHEREAS, the Board of Directors of the Avon Downtown Development Authority has
directed the Authority’s Executive Director to prepare and submit a proposed budget for its
consideration; and
WHEREAS, the proposed 2024 Budget has been presented to the Board and notices of a public
hearing has been property posted for 3pm on December 4, 2023; and
WHEREAS, whatever increases may have been made in the expenditures, like increases were
added to the revenues or planned to be expended from reserves/fund balances so that the budget
remains in balance, as required by law.
NOW, THEREFORE, BE IT RESOLVED BY THE AVON URBAN RENEWAL
AUTHORITY that the Board of Directors of the Avon Downtown Development Authority
hereby adopt the following 2024 budget:
2024
Budget
Avon Downtown Development Authority
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
$ 0
100,000
10,000
Ending Fund Balance $ 90,000
ADOPTED DECEMBER 4, 2023 by the AVON DOWNTOWN DEVELOPMENT
AUTHORITY BOARD OF DIRECTORS.
By:______________________________ Attest:_____________________________
Tony Emrick, Chairman Chris Neuswanger, Secretary
Attachment A
Proposed
Budget
2024
REVENUES
Taxes 100,000$
Total Operating Revenues 100,000
TOTAL REVENUES 100,000
EXPENDITURES
Current:
Treasurer Fees 1,000
Misc Expense 9,000
Total Operating Expenditures 10,000
TOTAL EXPENDITURES 10,000
NET SOURCE (USE) OF FUNDS 90,000
FUND BALANCES, Beginning of Year -
FUND BALANCES, End of Year 90,000$
Fund Summary
Avon Downtown Development Authority
DDA MEETING MINUTES
MONDAY, OCTOBER 2, 2023
HYBRID FORMAT IN PERSON AT AVON TOWN HALL AND VIRTUALLY VIA MS TEAMS
AVON DDA MEETING MINUTES, OCTOBER 2, 2023 PAGE 1 | 2
1.ROLL CALL
Present in Person: DDA Board Chair Tony Emrick, DDA Board Vice-Chair Brandt Marott, DDA Board Secretary
Chris Neuswanger, and Board Members Rob Tartre, Doug Jimenez, Bill Glaner, Wayne Hanson, Matthew
Fitzgerald, and Councilors Rich Carroll as Primary and Chico Thuon as Alternate.
Present Virtually: Board Members Marcus Lindholm and Scott Tarbet.
Staff: Town Manager Eric Heil and Town Clerk Miguel Jauregui CasanuevaAbsent: None
The meeting was called to order at 5:00 p.m. Town Manager Eric Heil presided over the meeting until an Avon
DDA Chair was elected.
2.APPROVAL OF AGENDA
Board Member Jimenez made a motion to approve the Agenda, as presented. Board Member Neuswanger
seconded the motion. The motion was approved unanimously with an 11-0 vote.
3.DISCLOSURE OF ANY CONFLICTS OF INTEREST RELATED TO AGENDA ITEMS
Town Manager Eric Heil explained the definition of conflict of interest to the newly elected Board Members, and
no conflicts of interest were disclosed.
4.PUBLIC COMMENT
No public comments were made in person nor virtually.
5.BUSINESS ITEMS
5.1 Overview of Avon Downtown Development Authority
Town Manager Eric Heil delivered a presentation to the Board Members related to the Avon DDA, including
a careful review of the Avon DDA Statute adopted in the Avon Municipal Code.
5.2 Adoption of Simplified Rules of Order
Board Member Neuswanger made a motion to approve the simplified rules of order, as presented. Board
Member Jimenez seconded the motion. The motion was approved unanimously with an 11-0 vote.
5.3 Appointment of Officers
After a nomination process was followed by a vote, Board Member Glaner made a motion to appoint Tony
Emrick as Avon DDA Chair and Brandt Marott as Avon DDA Vice-Chair. Board Member Marott seconded
the motion. The motion was approved unanimously with an 11-0 vote.
After a nomination process was followed by a vote, Board Member Tartre made a motion to appoint Chris
Neuswanger as Avon DDA Secretary. Board Member Jimenez seconded the motion. It was unanimously
approved with an 11-0 vote.
Town Manager Eric Heil was designated Executive Director of the Avon DDA.
5.4 PUBLIC HEARING: Adoption of Avon Downtown Development Authority Plan
Town Manager Eric Heil delivered a presentation of the Avon DDA Plan. He noted that it is necessary to
add business survey results under Appendix C to the DDA plan, and carve out the Confluence Metro District,
Avon Station Metro District, and Village Metro District from the bottom of Page 3 of the Avon DDA Plan.
DDA MEETING MINUTES
MONDAY, OCTOBER 2, 2023
HYBRID FORMAT IN PERSON AT AVON TOWN HALL AND VIRTUALLY VIA MS TEAMS
AVON DDA MEETING MINUTES, OCTOBER 2, 2023 PAGE 2 | 2
Board Member Lindholm asked that for the Village Metro District, there be an amendment to the plan to
state that it may be extended beyond the December 31, 2053 deadline with the verbiage “…or such longer
period if extended by statute or as otherwise negotiated.”
Councilor Carroll noted that Section 6.1 of the Avon DDA Plan should also be amended to state “AT LEAST
50% of funding…”.
Avon DDA Chair Emrick opened the floor to the public hearing, and no public comment was made in person
nor virtually.
At approximately 6:15 p.m., Board Member Tarbet left the meeting virtually.
Board Member Jimenez made a motion to approve the Avon DDA Plan, as amended with the changes
indicated above. Board Member Marott seconded the motion. The motion was approved unanimously with
a 10-0 vote of those present.
5.5 Discussion of the Avon DDA Board Meeting Schedule
Proposals from Staff and Councilor Carroll were to set a quarterly meeting schedule, while Secretary
Neuswanger and Board Member Hanson suggested monthly meetings. After deliberations, DDA Board
Chair Emrick noted consensus from Board Members in support of a quarterly meeting schedule starting
2024, and suggested that the next two meetings be held on December 4, 2023 at 3 p.m. and February 5,
2024 at 3 p.m.
6.ADJOURNMENT
DDA Board Chair Emrick adjourned the meeting at 6:51 p.m.
Respectfully submitted by:
Miguel Jauregui Casanueva
Avon Town Clerk
These minutes are only a summary of the proceedings of the meeting. They are not intended to be comprehensive or to
include each statement, person speaking or to portray with complete accuracy. The most accurate records of the meeting are
the audio of the meeting, which is housed in the Town Clerk' s office.