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24.11.04 DDA FINAL WEBSITE 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, November 4, 2024 MEETING BEGINS AT 3:00 PM DOWNTOWN DEVELOPMENT AUTHORITY PUBLIC MEETING BEGINS AT 3:00 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. NEW BUSINESS 5.1. PUBLIC HEARING: Resolution 24-04 Adoption of Sun Road Redevelopment Plan (Planning Manager Jena Skinner and Town Manager Eric Heil) 5.2. PUBLIC HEARING: for the Adoption of the 2024 Final Revised DDA Budget and 2025 DDA Budget (Chief Financial Officer Paul Redmond) • Resolution 24-02, Amending the 2024 Avon Downtown Development Authorities Operating Fund Budget • Resolution 24-03, Adopting the 2025 Avon Downtown Development Authorities Budget 6. MINUTES 6.1. Approval of October 7, 2024 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) 748-4413 matt@avon.org TO: Chairperson Tony Emrick and DDA Board Members FROM: Matt Pielsticker, Community Development Director RE: PUBLIC HEARING: Resolution 24-04 Sun Road Redevelopment Plan DATE: November 1, 2024 SUMMARY: The Avon Downtown Development Authority (“Avon DDA”) is being presented with a final draft of the Sun Road Redevelopment Plan (“Sun Road Plan”) for adoption. At the October 7, 2024 Avon DDA meeting a draft was reviewed in its entirety. Final updates were made to the Sun Road Plan, and it is now ready for a public hearing and adoption. Approval of Resolution 24-04 requires concurrent review and approval by the Avon Town Council to finalize the adoption process. Public hearing(s) will be scheduled as soon as possible to complete the process. OPTIONS: The Avon DDA has the following options: • Approve Resolution 24-04, thereby adopting the Sun Road Plan • Continue Resolution 24-04 to a future meeting date; or • Deny Resolution 24-04 PROPOSED MOTION: “I move to approve Resolution 24-04, thereby adopting the Sun Road Redevelopment Plan.” Thank you, Matt ATTACHMENT: Resolution 24-04 and Sun Road Redevelopment Resolution 24-04 – Adopting the Sun Road Redevelopment Plan November 4, 2024 Page 1 of 1 AVON DOWNTOWN DEVELOPMENT AUTHORITY RESOLUTION 24-04 ADOPTION OF SUN ROAD REDEVELOPMENT PLAN WHEREAS, the Avon Downtown Development Authority (“Avon DDA”), through its Board of Directors, have reviewed the Sun Road Redevelopment Plan and provided direction on various details and policies within the Plan document; and, WHEREAS, Section 4.12.010(1) of Avon Municipal Code (“AMC”) states, “The DDA Board shall review and adopt a DDA Plan, which shall be subject to concurring Council approval.”; and WHEREAS, the Avon DDA Board of Directors shall consider whether adoption of the Sun Road Redevelopment Plan supports or advances the purposes of the DDA Plan, DDA Statutes, or Avon Comprehensive Plan as required by AMC Section 4.12.030; and WHEREAS, the Avon DDA Board of Directors conducted a public hearing on November 4, 2024 prior to taking action to adopt the Sun Road Redevelopment Plan as required by AMC Section 4.12.020; and, WHEREAS, the Avon DDA Board of Directors finds that Sun Road Redevelopment Plan supports and advances the purposes of the DDA Plan, DDA Statutes, and Avon Comprehensive Plan, specifically finding that the Sun Road Redevelopment Plan will advance development of Community Housing in the Avon Downtown Area and will promote investment in development that serves the Avon community and provides for the continued economic health of the Avon Downtown Area, and thereby will promote the health, safety, prosperity, security and general welfare of the Avon community; and NOW, THEREFORE, BE IT RESOLVED, the Avon DDA Board of Directors hereby approves the Sun Road Redevelopment Plan, attached hereto as EXHIBIT A, subject to approval by Council, and authorizes Staff to include such amendments, revisions, and additions as may be recommended by Avon Planning and Zoning Commission and Directed by Council which are not substantive to the Sun Road Redevelopment Plan. ADOPTED NOVEMBER 4, 2024, BY THE AVON DOWNTOWN DEVELOPMENT AUTHORITY By:___________________________ Attest: _____________________________ ___ Tony Emrick, Chair Miguel Jauregui Casanueva, Town Clerk Sun Road Sub Area Plan October 31, 2024 DRAFT Page 1 of 54 EXHIBIT A Sun Road Sub Area Plan October 31, 2024 DRAFT Page 2 of 54 SUN ROAD REDEVELOPMENT SUB-AREA PLAN DRAFT 10/31/2024 BLANK INSIDE COVER Sun Road Sub Area Plan October 31, 2024 DRAFT Page 3 of 54 ACKNOWLEDGEMENTS Town Council Rich Carroll Amy Phillips Chico Thuon Tamra Nottingham-Underwood Lindsay Hardy Russell Andrade Ruthie Stanley Planning + Zoning Commission Olivia Cook William Glaner Brad Christianson Kevin Hyatt Anthony Sekinger Downtown Development Authority Marcus Lindholm Rob Tartre Councilor Rich Carroll Tony Emrick, Elected Chairperson William Glaner Scott Tarbet Wayne Hanson Matthew Fitzgerald Chris Neuswanger, Elected Secretary Brandt Marott, Elected Vice-Chairperson Gregg Cooper Councilor Chico Thuon, Alternate Town Manager / Community Development Eric Heil Matt Pielsticker, AICP Jena Skinner, AICP Max Morgan Emily Block Consultant Team DTJ Design JVA Engineering Sun Road Sub Area Plan October 31, 2024 DRAFT Page 4 of 54 TABLE OF CONTENTS EXECUTIVE SUMMARY CHAPTER 1: INTRODUCTION CHAPTER 2: EXISTING CONDITIONS A. Land Use B. Zoning C. Water Accounting D. Access / Circulation E. Transit F. Parking G. Public Realm H. Infrastructure CHAPTER 3: STRATEGIC VISION A. Planning Principles B. Community Housing C. Street System D. Town Core Activation E. Urban Design F. Specialty Uses G. Alignment with Existing Plans CHAPTER 4: REDEVELOPMENT OPPORTUNITY A. Introduction B. Redevelopment Concept Alternatives C. Preferred Concept Plan CHAPTER 5: IMPLEMENTATION STRATEGIES CHAPTER 6: DESIGN STANDARDS AND EXPECTATIONS APPENDICES Sun Road Sub Area Plan October 31, 2024 DRAFT Page 5 of 54 EXECUTIVE SUMMARY: The Sun Road Redevelopment Plan ("Sun Road Plan") is a sub-area plan that establishes planning goals and investment strategies to promote redevelopment of an approximate 8-acre area centrally located in the Town Core on the southwest corner of the I-70/Avon Road Interchange. The Sun Road Plan area is substantially underdeveloped under the Town Center zoning which allows high- density mixed-use development. The central location, proximity to Harry A. Nottingham Park, and convenient access to Avon Road and the I-70 interchange presents a unique opportunity for a high-quality redevelopment project that incorporates residential density into the Town Core. This Sun Road Plan document explains the planning process, existing conditions, the strategic vision, the redevelopment opportunity, implementation process and design standards and expectations. The intent of this Plan document is to create a well-defined policy document that provides direction for Council, Avon Planning and Zoning Commission, Avon Downtown Development Authority and Town Staff in order to promote consistency and alignment of efforts align and to implement the most efficient approach towards supporting redevelopment. This Plan document also informs existing property owners and users, the Avon community and potential investors of the background, details and potential that redevelopment of the Sun Road Plan area offers. The overall combination of desired mixed-uses, required planning and design, financing and coordination with existing users presents an unparalleled complexity in community planning. However, successful redevelopment of the Sun Road Plan area and implementation of the vision described in this Plan has the potential to create an unparalleled pedestrian and transit oriented development that will positively contribute to the Town Core and Avon community for many generations. SUN ROAD REDEVELOPMENT PLAN (“SUN ROAD PLAN”) Sun Road Sub Area Plan October 31, 2024 DRAFT Page 6 of 54 REDEVELOPMENT VISION: Avon envisions mixed-use redevelopment with 70,000+ sq.ft. of ground floor commercial space and approximately [150-300] deed restricted Community Housing units. Buildings should be built adjacent to the sidewalk in a traditional downtown mixed-use urban manner. Parking will be located behind the buildings in an above grade parking structure or located below the buildings. The Sun Road right-of-way is anticipated to be vacated and the square footage of this area – 26,200 sq. ft, is expected to be reallocated to additional right-of-way along Avon Road and West Beaver Creek Boulevard and for a public plaza. A right-in, right- out vehicle access to the project area is expected to remain in the approximate location of the existing Sun Road/Avon Road intersection. Redevelopment of the Sun Road Plan area is expected to accommodate the existing businesses and public facilities, including Walgreens, FirstBank and the U.S. Post Office. Other ground floor neighborhood commercial businesses are appropriate. New development will incorporate best sustainability practices, including all-electric construction and high energy efficiency. Existing Town Center zoning allows buildings up to 80 feet, generous site coverage, zero front yard setbacks and 7.5’ side yard setbacks between buildings on different lots. The Avon Development Code has a Density Bonus process which allows for increase in building height, increase in density, reduction of parking spaces and reduction of setbacks for projects that provide Community Housing, public amenities and economic value. SAMPLE LAYOUT: A sample / potential layout is provided to the right for illustration purposes. Actual development design and layout will likely vary DISPLACEMENT MITIGATION: Avon strongly desires to accommodate the interest of existing businesses and public facilities to remain in the Sun Road Plan area. Avon will closely coordinate with existing property owners and uses to determine appropriate plans for phasing, sequencing and redevelopment which can mitigate or minimize the potential impacts resulting from redevelopment. This Sun Road Plan includes strategies for Displacement Mitigation. TOWN CENTER The Town Center zone district is Avon’s downtown core area that provides a mix and dense grouping of accommodations, restaurants civic uses and commercial services. The Town Center zone district provides sites for high density mixed-use developments that can include a variety of uses such as hotels, residential, retail, and offices. This area has strong pedestrian connections and convenient access to local and regional transit. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 7 of 54 AVON INVESTMENT STRATEGY: The Sun Road Plan is located within the Avon Urban Renewal Authority (“Avon URA”), West Town Center Investment Area, and the recently formed Avon Downtown Development Authority (“Avon DDA”) area. Both the Avon URA and Avon DDA have the authority to collect the increment of new property taxes from new development in these areas. The amount of property tax increment revenues from new construction is directly related to the value of the new construction. Both the Avon URA and Avon DDA may provide financial assistance for public utilities; public plaza, courtyards and pocket parks; Community Housing; and, potentially parking structures. The amount of financial contribution towards Community Housing is determined on a case by case basis, taking into consideration any limits or restrictions on rent rates and appreciation on resale. Avon’s goal is to achieve at least 50% of the residential units subject to Community Housing deed restrictions with a strong preference for a higher percentage of Community Housing. Community Housing development in Avon is eligible for waiver of taxes and fees (including building permit fees). RIGHT Urban Renewal Authority Boundary BELOW Downtown Development Authority Boundary Sun Road Sub Area Plan October 31, 2024 DRAFT Page 8 of 54 Chapter 1: INTRODUCTION Sun Road Sub Area Plan October 31, 2024 DRAFT Page 9 of 54 PURPOSE: This Sun Road Plan establishes a community based plan and vision for the redevelopment of the Plan area which best supports Avon’s Comprehensive Plan goals, the Avon Community Housing Plan, the West Town Center Investment Plan and the Avon Downtown Authority Development Plan. Existing development in the Plan area is substantially underutilized compared to development allowed under the Town Center zoning. Redevelopment of this area presents a unique opportunity to guide and support high density development to achieve many community goals. The Sun Road Plan envisions a mixed-use urban neighborhood that includes Community Housing and neighborhood commercial amenities within easy walking distance to Avon’s civic, recreational, retail, and entertainment uses. This Plan provides the vision and strategies for an economically viable and attractive residential neighborhood. The Avon DDA Plan recognizes the connection between establishing a critical mass of full-time residents with viability of ground floor commercial uses. Attractive neighborhood commercial uses may include restaurants, coffee shops, banking, pharmacy, postal services, personal services and convenience retail. The Plan also supports high quality public spaces that are integrated into the development to achieve quality urban design and an attractive, pedestrian-safe environment. The development of a high-density residential neighborhood in this area significantly advances Avon’s climate action goals by providing severely needed workforce housing near the major job centers of Avon, Beaver Creek and Vail. The pedestrian access to neighborhood commercial and easy access to fare free transit is intended to support a lifestyle that is not dependent on daily single-occupancy vehicle use. New construction is envisioned to utilize all economically viable techniques to reduce or prevent greenhouse gas emissions, including all electric and high energy efficient construction. Redevelopment of this area also presents an opportunity for a common heating district which may provide economic efficiencies as well as reduction of greenhouse gas emissions. The Sun Road Plan will serve as the primary guiding document for review and support of any redevelopment proposals in the Plan area by the Avon Town Council, Avon Planning and Zoning Commission, Avon Downtown Development Authority, and Avon Staff. STUDY AREA: The Sun Road Plan area consists of approximately 8-acres located in the Town Core on the southwest corner of the I-70/Avon Road Interchange. The study area is comprised of four separate private parcels. The Sun Road Sub Area currently provides lodging, commercial retail (banking, drug store and the US Post Office). CHAPTER 1: INTRODUCTION Sun Road Sub Area Plan October 31, 2024 DRAFT Page 10 of 54 Existing uses adjacent to the Study Area include lodging, residential and a variety of commercial uses. Civic uses include the Avon Town Hall, Avon Recreation Center and Avon Library. ADJACENT DEVELOPMENT POTENTIAL: The Sun Road Area is substantially underdeveloped and without major redevelopment since the Sheraton Mountain Vista development across from the USPS circa 2002. Sheraton Mountain Vista is a time-share hotel with a limited number of small employee housing units. The third lot (Lot 3) was not developed and was sold to a hotel developer in 2022. Avon approved a hotel project on Lot 3 in 2023. This 72,422+ sq. ft hotel is slated to have 158 rooms. Also nearby is the Avon Center. This mixed-use structure is one of Avon’s oldest buildings. Much like the Sheraton Mountain Vista, the “final” phase of this development was never constructed, and this area/lot is currently being entitled by a local developer for residential purposes, with the potential for short-term rental opportunities. Lodging and residential development across the street from the Sun Road Plan area is expected to increase demand for potential neighborhood commercial and personal services. Avon Center Sun Road Sub Area Plan October 31, 2024 DRAFT Page 11 of 54 KEY STAKEHOLDERS: Key stakeholders include the property owners and the existing businesses, Avon, the Avon URA (Town Council) the Avon Downtown Development Authority (an independent body appointed by Council), and the greater community in general – especially those within walking distance. Very prominent to this endeavor is the Avon Downtown Development Authority (“Avon DDA”): The Avon DDA was formally established in 2023. The goal of the Avon DDA is to promote high-quality in-fill development and redevelopment with the Avon DDA plan area to increase Community Housing and support successful ground level retail and commercial development. The Avon DDA includes East Town Center, West Town Center, Nottingham Station, and the valley floor from Post Boulevard to City Market, Walmart, Home Depot, Traer Creek Plaza, and the Village (at Avon) Planning Area J on north side of the I-70/Post Boulevard interchange. SUN ROAD PLAN AREA: The Sun Road Plan area consists of four individual properties with different owners: 1. The Comfort Inn 2. The United States Postal Service 3. Walgreen’s Pharmacy 4. FirstBank Parcel Land Use Description Zoning Parcel Area 1 Accommodations Comfort Inn RH-C Residential High Density Commercial (Retired) 2.78 acres 2 Public/Civic US Post Office TC - Town Center 2.56 acres 3 Commercial / Retail Walgreen’s TC - Town Center 1.08 acres 4 Commercial / Service First Bank TC - Town Center 1.71 acres 8.14 acres Table __ : Existing Parcel Area 1 2 3 4 Sun Road Sub Area Plan October 31, 2024 DRAFT Page 12 of 54 PROCESS: The Sun Road Plan was prepared over the course of fourteen months with participation by the Avon DDA, Planning and Zoning Commission, Town Council, and the Public (November 2023-January 2024). The Sun Road Plan incorporates important goals and strategies from the Avon Comprehensive Plan, Avon Community Housing Plan, Avon Transportation Plan, West Town Center Investment Plan, Avon Downtown Development Authority Plan and Eagle County Climate Action Plan. Particular attention was given to the West Town Center Investment Plan to retain and incorporate vision, goals, strategies and design principles which are still relevant to the Sun Road Plan area. The Sun Road Plan was reviewed by the Avon DDA and Avon PZC. The Avon DDA held public hearings on _________ and _________ and provided a recommendation to the Council to adopt this Plan. The Avon PZC held public hearings on _______ and ______ and provided a recommendation to the Council to adopt this Plan. The guidance in this Sun Road Plan is intended to articulate the goals and vision of the Avon community while acknowledging the importance of collaboration with private developers. Any prospective development in the Sun Road Plan area will require subdivision and development plan review under the Avon Development Code, analysis of potential tax increment revenues, review of financial investment and commitments by Avon, project review by the Avon Downtown Development Authority in addition to review by the Avon Town Council. REDEVELOPMENT GOALS: The Redevelopment Goals of the Sun Road Plan are to promote redevelopment of this area into a high density, mixed-use development which (1) maximizes full-time residential density, (2) mitigates relocation or displacement of existing uses, (3) incorporates high quality architectural design and high-quality urban design, and (4) establishes a new Regional Transit Hub (Transit Oriented Development). The recommendations, strategies, policies, and programs within this Plan provide direction for redeveloping the Sun Road area. There are no residential units currently within the Sun Road Plan area. New residents will support neighborhood businesses which will create activation, vibrancy and identity for the neighborhood. Additional commercial uses will also add amenities for residents and visitors. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 13 of 54 PLAN OBJECTIVES: Plan Objectives are set forth as follows: • Promote redevelopment to create a vibrant urban neighborhood. • Maximize Community Housing and achieve or exceed a minimum of 50% of residential development in the Sun Road Plan area as full-time, primary residential use. • Incorporate safe and attractive pedestrian access throughout the neighborhood and connecting to adjacent areas. • Establish a new regional transit hub to replace Avon Station. • Incorporate high quality urban design and sustainable development practices. • Support public-private strategies to construct public parking. • Include an attractive public plaza with public art that supports adjacent civic and commercial uses. • Include functional traffic design that maximizes efficiency for ingress and egress • Ensure infrastructure capacity will support new redevelopment. • Identify options for financial support and partnerships to incentivize redevelopment, including but not limited to use of the Avon URA Avon DDA and state and federal grants. • Achieve all-electric, energy efficient design • Explore feasibility of district heating utilizing Avon’s heat recovery system ROLE OF THE SUN ROAD PLAN: This Plan provides a guide for Avon, property owners, developers and investors when designing and evaluating redevelopment projects. Avon recognizes that actual development design will likely result in different configurations and will require extensive coordination with existing uses in the Plan area. Development will likely occur in phases, including Plan adoption; land assemblage, acquisition, and/or partnerships with existing property owners; conceptual designs; updates to Capital Improvement Plans and financial strategies; updates to the Avon Development Code; soliciting developers and investors to implement redevelopment; facilitating design review and entitlement process. The Plan also addresses mitigation of relocation and displacement of current uses to implement the redevelopment of the Plan area. This Plan should be used to strongly promote the desires uses, urban design and architecture while recognizing flexibility in layout and phasing to coordinate with existing uses and investment parameters. CONCEPTUAL FRAMEWORK: Consensus was established for a full-time resident neighborhood in the heart of Avon within easy walking distance to civic, recreational, retail, and entertainment. The Plan identifies community benefits that would be realized with development, including Community Housing, pedestrian activation and placing making, establishment of a new regional transit facility, and establishing successfully ground level commercial uses. This Plan recognizes that flexibility in the mix of uses and design may be required for financial viability. Land Use Metric Existing Concept Residential Units 0 180-300 Accommodations Rooms 150 250 Commercial Sq. Ft 62,000 62,000-70,000 Parking Spaces 373 600+ Civic Plaza Acres 0 0.2 Fig __: Table __: Estimated Development Program - Disclaimer: The Land use tabulations are intended as estimated land use targets and serve as a conceptual framework only. The estimated targets will vary as future development proposals are considered. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 14 of 54 SCALE + MASSING EXAMPLES Figs. __ Conceptual Development Massing + Scale Disclaimer: Massing diagrams depict a conceptual framework only and do not represent a proposed development plan. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 15 of 54 DESIGN PRIORITIES: A series of guiding principles were developed to evaluate concepts for the Sun Road Plan. The guiding principles evolved into a series of Design Priorities as the project advanced. For example, developing a mixed income Community Housing strategy and ensuring equitable development that minimizes small business displacement in the Sub Area was deemed an important overarching principle. The following six Design Priorities drive the concepts, goals, objectives and design standards for this Sun Road Plan: 1. Community Housing a. Increase opportunities for full-time residential occupancy in the Town Core b. Provide housing types appropriate for urban core environment c. Strive to maximize rent-capped and price-capped deed restricted units that will remain affordable over time 2. Pedestrian Experience a. Improve attractiveness, functionality and safety of pedestrian routes within the Plan area b. Maintain pedestrian connections to adjacent areas c. Incorporate a regional transit hub into the Plan area d. Integrate a public plaza and public art to enhance pedestrian experience and support activation and place making 3. Economic Development a. Support redevelopment that enhances vitality of existing uses b. Mitigate displacement of existing uses c. Add neighborhood commercial uses that appropriately serve existing and planned residents and visitors in and near the Plan area 4. Avon Authenticity a. Retain existing businesses b. Provide opportunities for new unique neighborhood businesses c. Promote placing making that enhances investment interest and patronage of businesses 5. Public Space a. Create an attractive public plaza that integrates with ground floor neighborhood businesses and provides an inviting informal space for residents, visitors and regional transit users b. Incorporate public art into the public plaza to enhance the interest and attractiveness of this space c. Situate the public plaza for high visibility, maximum solar access, and easy pedestrian access d. Integrate the public plaza into the building form design to provide relief and interest to a wall of buildings fronting the sidewalk 6. Urban Form a. Maximize or more fully-utilize the development potential permitted under existing zoning b. Situate buildings with ground floor commercial to front onto the adjacent sidewalks c. Incorporate quality architecture and design, with particular attention the buildings fronting Avon Road, West Beaver Creek Boulevard and the public plaza d. Support ground level neighborhood commercial uses that are accessible to the public, such as coffee shops, restaurants, bakeries e. Take advantage of existing views in all directions Sun Road Sub Area Plan October 31, 2024 DRAFT Page 16 of 54 CHAPTER 2: EXISTING CONDITIONS Chapter 2: EXISTING CONDITIONS Sun Road Sub Area Plan October 31, 2024 DRAFT Page 17 of 54 EXISTING LAND USE: The Sun Road Plan area is comprised of four parcels on approximately eight (8) acres. Current development includes (Comfort Inn, 146 rooms) United States Post Office (20,209 sq.ft.), Walgreens (15,232 sq.ft.) and FirstBank (20,209 sq.ft.). There are no designated Town owned civic park spaces or residential units within the defined study area. CHAPTER 2: EXISTING CONDITIONS Sun Road Sub Area Plan October 31, 2024 DRAFT Page 18 of 54 Existing buildings are generally set-back form the street with parking lots in front, creating a suburban development form. Comfort Inn from W Beaver Creek Blvd. Property Acreage Lot Area (Sq.Ft) Building Size (Sq. Ft) FAR Comfort Inn 2.78 121,097 290,452 2.4 USPS 2.56 111,514 20,209 .2 Walgreens 1.084 47,219 15,232 .3 1st Bank 1.714 74,662 20,209 .3 Sun Rd ROW 0.61 26,203 N/A 0 Sun Road Sub Area Plan October 31, 2024 DRAFT Page 19 of 54 Avon Post Office from West Beaver Creek Boulevard [NOTE: We will gather more photos and drone shots when leaves fall] Sun Road Sub Area Plan October 31, 2024 DRAFT Page 20 of 54 Walgreens from the corner of Sun Road / Avon Road Walgreens from Sun Road Sun Road Sub Area Plan October 31, 2024 DRAFT Page 21 of 54 1stBank from Sun Road / Avon Road 1stBank from W Beaver Creek Blvd. 2024 Sun Road Sub Area Plan October 31, 2024 DRAFT Page 22 of 54 ZONING: Properties in the Plan area are currently zoned Town Center (TC) and Residential High Density Commercial (RH-C, a retired district). Each district defines allowable uses, development standards, and parking requirements zone, and with TC being the majority zone district, redevelopment will not need a rezoning to accomplish a new mix of uses in this area, except for the Comfort Inn property. Recommended zoning change is to Mixed-Use Commercial to allow transition from this urban core area to adjacent 3 story multi-family structures. If there is a redevelopment opportunity to develop all the residential units as deed restricted Community Housing units, then a Community Housing zone district (most likely, Community Housing Mixed-Use or CHMU-1), would be in alignment with this change of use. ZONE DISTRICTS Town Center (TC) (USPS/bank/pharmacy): Purpose Statement: The TC district is intended to provide sites for a variety of uses such as hotels, commercial establishments, offices, and some residential uses in a predominately pedestrian environment. The Town Center should be distinguished from other areas in the Town and serve as the focal point for social, business, and cultural activities. This district contains the highest intensity of uses and should serve as the major transit destination as well as provide high levels of pedestrian accessibility. The TC district implements the mixed-use classification of the Avon Future Land Use Plan. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 23 of 54 Residential High Density Commercial (RH-C) RETIRED (Comfort Inn): This zone district is retired and may not be utilized for redevelopment of this property. Mixed-Use Commercial (MC) (recommended for Comfort Inn): Purpose Statement: The MC district is established to group and link places used for working, shopping, educating and recreating with residential uses, thereby creating a compact community form. This district allows commercial, office, civic, townhouse and apartment uses and, along with Neighborhood Commercial, is the preferred district and development type in Avon. The mostly vertical mix of uses will reduce vehicle trips, relieve traffic congestion and provide an urbanized, pedestrian environment. MC implements the mixed-use land use classification of the Avon Future Land Use Plan and should be located adjacent to the Town Center as a transitional district. WATER ACCOUNTING: The Sun Road Plan area is underdeveloped compared to existing zoning. Comfort Inn is the only property that fully utilizes the water allocated. Although there is an additional 159 SFE’s to support new development, full redevelopment will require additional allocation of water rights. Water conservation standards and regulations for both interior water use and outdoor irrigation are adopted in the Avon Municipal Code. This table represents the Single-Family Equivalent (SFE) allocated to each property compared to existing development pattern: Property SFE Water Allocation SFE Current Use SFE Remaining Comfort Inn 59.3 59.3 0 USPS 79.6 2.6 77 Walgreen’s 36.8 5.8 31 1st Bank 56.8 5.8 51 TOTAL 232.5 73.5 159 Sun Road Sub Area Plan October 31, 2024 DRAFT Page 24 of 54 ACCESS + CIRCULATION: The existing street network in the Sun Road Plan area includes Sun Road, West Beaver Creek Boulevard, and Avon Road. Sun Road is a fifty-foot wide right-of way curvilinear street layout with six-foot-wide sidewalks separated by landscape areas (estimated area is 0.61 acres or 26,203 sf). Sun Road accommodates an estimated 1,300 ADT’s. There is no designated on-street parking on Sun Road. Avon’s pedestrian network offers an advantage to visitors and residents, as a walkable town. Fig ___ Proximity Image Sun Road Sub Area Plan October 31, 2024 DRAFT Page 25 of 54 TRANSIT: Avon Transit serves both residents and visitors. The Avon public transit system provides year round fare-free bus around Avon and a season skier bus in the winter for direct access to Beaver Creek Ski Resort. Avon also has a partnership arrangement to support seasonal gondola service which provides a connection from the Westin public plaza to the Landing chairlift on the lower Bachelor Gulch side of Beaver Creek Skit Resort. Avon’s Public Transit system provides four local routes that are a convenient way to access local shops, restaurants, and attractions such as the Avon Recreational Center, Harry A. Nottingham Park, or the public library, as well for skiers and employees going to Beaver Creek. LOCAL TRANSIT The Avon East--Red Line runs every 30-minutes between 6:30am to 10:00pm. The route services the residential areas in east Avon along Hurd Lane and Hwy 6, including Traer Creek Plaza and Buffalo Ridge Housing Complex. The Avon West--Blue Line runs every 30-minutes between 6:28am to 10:00pm. The route services the residential areas in west Avon along West Beaver Creek Boulevard and Hwy 6, including the Town Core businesses and Traer Creek Plaza. Figs. ___: Typical Seasonal Public Transit Routes See also Bus Routes and Schedules Sun Road Sub Area Plan October 31, 2024 DRAFT Page 26 of 54 REGIONAL TRANSIT In the winter of 1987-88, Avon took over the operation of the regional bus service and continued operation through intergovernmental agreements until April 2001, when ECO Transit officially assumed day-to-day operations for regional bus service. In 1994 the funding partners decided to seek a dedicated funding source (Eagle County transportation sales tax) for regional transportation. As the valley's population had grown, the demands for transportation had also increased, and this translated into a larger financial commitment from the funding partners. A ballot initiative for a dedicated funding source was approved by the voters in November 1995. The Eagle County Regional Transportation Authority was made official on January 1, 1996. In November 2022, residents voted to improve the formation of a new regional transportation authority, the Eagle Valley Transportation Authority (“EVTA”) which has since been rebranded as “Core Transit”. Core Transit provides fare-free service to Avon, Edwards, Eagle, Minturn, Red Cliff, Vail, and Beaver Creek. PARKING: The Sun Road Sub Area includes a total of 373 surface parking spaces*. Each parcel includes on-site surface parking and service access. Table XX summarizes the current parking requirements for the Sun Road Sub Area based on the current Town of Avon Development Code. *Off street parking only. Sun Road does not include on-street parking along West Beaver Creek Use Category Use Type Parking Requirement Residential Dwelling, Multi-Family Studio: 1 per unit 1 BD: 1.5 per unit 1BD/DU > 2,500SF: 2 per unit Guest Parking for Multi- Family Varies by # of units Hospitality Accommodations 1 per unit Commercial Uses General 4 per 1,000 sf. Food + Beverage 1 per 60 sf. Office 3 per 1,000 sf. Table __ : Current Parking Requirements Parcel Block Land Use Description Zoning Parking Provided 1 A Hospitality Comfort Inn RH-C 147 2 A Commercial / Retail US Post Office TC 78 3 A Commercial / Retail Walgreen’s TC 60 4 B Commercial / Retail First Bank TC 88 TOTAL 373 Table __ : Existing Parking by Parcel Sun Road Sub Area Plan October 31, 2024 DRAFT Page 27 of 54 PUBLIC REALM + OPEN SPACE: There are no designated public-owned greenspace areas in the Sun Road Sub Area today; however, this area is within a 5 minute walk to Harry A. Nottingham Park, Avon’s largest regional park. Private parcels include landscape buffer areas along Avon Road, Sun Road, West Beaver Creek Boulevard. The existing landscape is comprised of mature vegetation. The adjacent West Beaver Creek Boulevard was rebuilt in 2018 and updated the streetscape with design with tree-lined streets and limited on-street parking. INFRASTRUCTURE: This narrative provides information on the existing infrastructure within the plan boundaries and addresses known existing domestic water and sanitary sewer mains. The Sun Road area includes the area north of West Beaver Creek Boulevard adjacent to Sun Road. The East Avon area includes the area east of Avon Road, south of I-70, west of Chapel Alley and north of the railroad tracks. The narrative is based on available recent site information (previously completed site survey) and preliminary based on as- built information received from the Town of Avon. Domestic Water. In the Sun Road area, a 12” DIP domestic water main runs south of West Beaver Creek Boulevard from the west end of the study area past the intersection of Sun Road. The water main then cuts across West Beaver Creek Boulevard to the north side across Avon Road. There is an 8” DIP water loop that goes north into Sun Road at intersection and cuts back south to return to 12” DIP main in West Beaver Creek Boulevard. The 12” main then connects to a 12” DIP main running north to south in East Avon Road. The domestic water described continues across Avon Road along the north side of East Beaver Creek Boulevard to the Plaza Road intersection. Just past the Plaza Road intersection, the water main crosses East Beaver Creek Boulevard the south side of the road and continues east in the roadway past the intersection with Beaver Creek Place. the water main then turns southeast along the property line to Beaver Creek Place. The water main then runs within the southern lane of Beaver Creek Place to the intersection of East Benchmark Road. From a tee in Beaver Creek Place, a water main runs south in Chapel Place to the east end of the study area. Another water main runs along the west edge of the study area in East Benchmark Road to Avon Road. Sanitary Sewer. In the Sun Road area, an 8” PVC sanitary sewer main runs north of West Beaver Creek Boulevard from the west end of the study area passed intersection with Avon Road towards the east end of the study area. Approximately 150’ from Avon Road the sanitary sewer main crosses West Beaver Creek Boulevard, the 8” main runs along the south side of the road and then heads south along west shoulder of Avon Road. There are five manholes along West Beaver Creek Boulevard. In the East Avon area, the sanitary sewer continues across Avon Road in the north lane of East Beaver Creek Boulevard past Beaver Creek Place. The as-builts past this point are incomplete, but JVA is assuming that the Sun Road Sub Area Plan October 31, 2024 DRAFT Page 28 of 54 sewer main ends here. Another main runs in the east lane of Beaver Creek Place and ties into the above- described sanitary sewer main at the East Beaver Creek/Beaver Creek Place intersection. This branch of the main runs in the east/north lane of Beaver Creek Place to eastern most north property line, approximately 225’ away from East Beaver Creek Boulevard. Another sanitary sewer main runs along the west edge of the study area in East Benchmark Road to Avon Road. Figs. ___: Existing Water and Sewer Infrastructure Drainage. Drainage for this area has been addressed with previous approvals of existing developments. Additional drainage improvements may be required depending upon site design. Fiber Optic. Fiber conduit will be needed along roads where parcels do not connect to existing conduit. For example, using the current development as a proposed model, conduit installation along Avon Road is recommended to provide fiber access to the Walgreens parcel. See image, next page. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 29 of 54 Figs. ___: Existing Fiber Optic Installation Sun Road Sub Area Plan October 31, 2024 DRAFT Page 30 of 54 [ Chapter 3: STRATEGIC VISION Sun Road Sub Area Plan October 31, 2024 DRAFT Page 31 of 54 INTRODUCTION: Redevelopment of the Avon Sun Road Plan area has the potential to provide uses desired by the Avon community, significantly advance and enhance the character of Avon’s Town Core, establish a true pedestrian and transit oriented mixed use development, increase the local economy, and implement complex climate action strategies. The vision, goals, and objectives were developed and refined by the Avon DDA and Staff, and further refined with the property owners, existing business owners and the Avon Planning & Zoning Commission. The vision, goals, and objectives served as guideposts throughout the planning process. Chapter 5. Implementation and Chapter 6. Design Standards and Expectations are intended to achieve the vision, goals and objectives. Avon recognizes the necessity to maximize development of new Community Housing in the Town Core to promote sustainable and livable workforce housing while also supporting the success of local businesses that are dependent on an available workforce and benefit from a full-time resident population. The Sun Road Plan area has the potential to increase the volume of development significantly in the Town Core and achieve urban floor area ratios of 3:1 and up to 5:1. PLANNING PRINCIPLES: The following Planning Principles were used to create the vision for redevelopment of the Sun Road Plan area. Sustainable Design • Achieve a mixed-use pedestrian and transit-oriented development • Require all-electric energy efficient building construction • Incorporate convenient recycling and composting in the design • Require the use of sustainable and environmentally appropriate building materials Land Use • Achieve a mix of uses that compliment and reinforce each other to create a neighborhood, including Community Housing, neighborhood and regional commercial retail and personal services, accommodations, regional transit center, and public civic spaces Pedestrian Circulation • Ensure that pedestrians have safe, convenient and attractive access throughout the Plan area • Apply pedestrian-first design strategies which prioritizes the pedestrian over vehicles • Include pedestrian walkways and highly visible street crossings for convenient connection to adjacent areas • Incorporate wayfinding, landscaping, street furniture, and public art in pedestrian corridors Vehicular Circulation • Preserve the existing Sun Road/Avon Road intersection as a right-in, right-out vehicle access to the plan area • Incorporate design and layout that is efficient for vehicles and transit with regard to turning movements and access CHAPTER 3: STRATEGIC VISION Sun Road Sub Area Plan October 31, 2024 DRAFT Page 32 of 54 Parking • Integrate a centralized shared-use parking structure and program to accommodate residents, visitors, and businesses Character • Require new development to incorporate mountain contemporary architecture that complements and advances the emerging character in Town Center • Recognize opportunities for architecture and building design to create a strong gateway first impression on the north east corner with Avon Road and on the Avon Road/West Beaver Creek Boulevard Corner • Ensure that ground-level commercial uses are visible, fit the area's character, and support a pedestrian-friendly experience • Maximize solar exposure • Orient buildings and entries to front adjacent sidewalks and a public plaza • Incorporate high-quality landscape areas are designed to enhance gateway entries in the Town Center (Avon Road) and the Sun Road area Views • Maintain critical views to and from the Sun Road area • Provide visibility to orient people to their surroundings COMMUNITY HOUSING: The Avon DDA and PZC assisted in developing guiding principles used to evaluate design concepts for the Sun Road Sub Area. The guiding principles evolved into a series of Design Priorities (see page XXX) as the planning effort advanced. For example, developing a mixed income Community Housing strategy and ensuring equitable development that minimizes small business displacement in the Plan area is an important principle. Avon has a broadly stated goal to achieve at least 50% full-time residential occupancy in new residential development. This goal is stated in the 2021 Avon Community Housing Plan and is supported by the Avon DDA Plan. This is an important element for the Sun Road area, and for Avon as a whole. Some portion of free market residential development will likely be necessary to support financial viability of a redevelopment project that incorporates Community Housing. LAND-USE MIX: The Sun Road Plan area future land uses will center on new multi-family Community Housing that may include both standalone multi-family and upper-level housing units above ground level commercial and civic uses. Ground level uses should incorporate the existing US Post Office, pharmacy and bank uses that serve the community while providing opportunities for additional neighborhood commercial uses such as coffee shop, restaurants, retail, personal services and regional transit center uses. Ideally, the mix of increased full-time residential use with neighborhood commercial and civic uses will create a synergy that enhances activation, vibrancy, and place making. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 33 of 54 A larger regional transit center presents both complications and opportunities for redevelopment of the Sun Road Plan area. A regional transit center will bring significant pedestrian traffic to this area will providing a modern and more functional transit hub that can accommodate future growth of transit operations. The Plan also recommends the redevelopment of the existing Comfort Inn site to accommodate an increase in the number of hotel rooms and visitor amenities such as a bar and restaurant, and pool and gym facilities – expected in newer hotels. Fig. ___ Conceptual Land Use Diagram IMPROVED STREET SYSTEM: The existing right in-right out of the Avon Road/Sun Road intersection should remain for internal vehicle access. The secondary point of access into the redevelopment site would be from West Beaver Creek Boulevard. This Plan anticipates that Sun Road would be vacated and the area of the right-of-way would be reallocated to other uses that advance the Design Priorities. This Plan also contemplates that a round-about may be appropriate near the intersection of Sun Road and West Beaver Creek Boulevard to support bus movements associated with a regional transit center. TOWN CORE ACTIVATION: The existing building development in the plan area is set back from the sidewalk with the parking lots in front in a low-density suburban development pattern. This results in a higher frequency of vehicle use to access the businesses and a low level of pedestrian access and activity. Increasing the overall density of development, introducing full-time residential occupancy, adding the pedestrian traffic associated with a regional transit center, and enhancing pedestrian attractiveness on sidewalks and with a public plaza are all expected to support significant activation and pedestrian use in the Plan area. The Avon Municipal Code design standards and application of Design Standards and Expectations in Chapter 6 will result in attractive mixed-use project that is desirable as a location for neighborhood businesses and increases interest in business investment in Avon’s core. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 34 of 54 BUILT FORM + URBAN DESIGN: Quality urban design for the Sun Road Plan area is appealing for residents to frequent, live, and work in, while also supporting our mountain lifestyle in the heart of the valley. PRESENT BUILDING USE + FORM The Sun Road Sub Area is generally defined as a low-density suburban form of development. The existing parcel and block sizes are large with surface parking fronting the building development area. Existing structures are “underdeveloped” one-story commercial retail (Walgreen’s, First Bank and US Post Office), which do not maximize the existing potential of the underlying zoning. The Comfort Inn, built in 1986, is a 4-story structure that accommodates 146 rooms. The neighboring FirstBank building was built in 1987, and the U.S. Post office is estimated to have been built in 1994. The Walgreen’s is the most recent structure built in 2012, replacing what was once a Denny’s restaurant. The most predominant feature of the Sun Road area is the amount of surface parking, as seen in the image, right. Designed for vehicles, not pedestrians, the Sun Road area is primed for the introduction of uses like residential 2nd+ floors with mixed uses serving the Sun Road area on the lower levels. The revitalized Sun Road area should accommodate a thoughtful variety of architectural forms and styles, massing arrangements, and consider scale. New structures should be oriented to the south and west to take advantage of the views, solar gain, and site aspect. Building entries should be highly visible and building articulation and fenestration should support a highly transparent effect for ground level commercial. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 35 of 54 Fig.___ Redevelopment Program The overall massing and scale, and orientation of proposed structures should enhance views on to the site and beyond. Structures may range in height and include up to six or seven stories. Taller buildings should front the I-70 corridor and Avon Road. Built massing should be enhanced at entries and at prominent corners within this area. SPECIALTY USES: The Sun Road Plan area is centrally located in the Town Core and occupies a prominent corner on Avon Road. Recommended commercial uses include the existing U.S. Post Office, bank and pharmacy. Additional commercial uses should include uses that serve the neighborhood and transit users, such as café, coffee shop, restaurant, bakery and personal services. Boutique or specialty retail uses and art galleries would also be appropriate. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 36 of 54 COORDINATION WITH EXISTING PLANS: The Sun Road Subarea Plan is a focused plan document for a specific, defined area within Avon Comprehensive Plan that provides a higher level of detail specific to the defined area than what is generally found in the Comprehensive Plan. Subarea Plans provide greater detail and definition of existing conditions, community goals for development and redevelopment, desired design elements, and strategies for implementation. Subarea plans are adopted as amendments to the Avon Comprehensive Plan. The following is a list of existing planning documents in Avon also guide development for the Sun Road area: • 2024 Avon Comprehensive Plan • 2023 Avon Downtown Development Plan • 2021 Avon Community Housing Plan • 2018 Multimodal Transportation and Parking Plan • 2015 Avon Urban Renewal Plan for Town Center West Area • 2015 Walkability Report • 2009 H.A. Nottingham Park Master Plan • 2009 Transportation Plan • 2007 West Town Center Investment Plan Sun Road Sub Area Plan October 31, 2024 DRAFT Page 37 of 54 Chapter 4: REDEVELOPMENT OPPORTUNITY Sun Road Sub Area Plan October 31, 2024 DRAFT Page 38 of 54 INTRODUCTION: The Sun Road Plan area is significantly underdeveloped. Town Center zoning can support a floor area ratio of 3.5 to 1 or higher. Redevelopment of the U.S. Post Office, Walgreens and FirstBank parcels presents a unique opportunity for a mixed-use project that has excellent transit connection, increases housing options and increase the year-round, full-time resident population in the Town Core, increases neighborhood commercial that serves residents and visitors in the Town Core area as well as transit users, increases economic growth, and creates a vibrant neighborhood that attracts more investment interest in the Town Core1. The Sun Road Plan area future land uses will center on new multi-family Community Housing that will include mixed-use buildings with upper-level residential above ground level commercial and may include stand-alone residential buildings. Redevelopment will provide new ground level commercial spaces for existing users and for additional commercial uses that will compliment and reinforce the functionality and vibrancy of this area as an urban neighborhood. The Sun Road Plan supports redevelopment of the existing Comfort Inn site to modernize this lodging and increase the number of hotel rooms. Existing uses in the Sun Road Plan area are substantially set back off West Beaver Creek Boulevard offering little to no visual indication of what is located within this area. Mature trees mask views to existing buildings. The current uses are destination uses (bank/USPS/pharmacy). Much of the area is dominated by parking lots, and little to no pedestrian traffic occurs in this area presently. Redevelopment has the potential to implement a more traditional main street commercial mixed-use building form with buildings brought forward to the sidewalk edge to enhance both visibility of businesses and pedestrian activation. 1 American Planning Association (National) MARCH 28, 2022, Blog EVERYDAY DESTINATIONS Supporting Active Living Through Mixed-Use Developments, by Johamary Pena, AICP, Sagar Shah, PhD, AICP CHAPTER 4: REDEVELOPMENT OPPORTUNITY Sun Road Sub Area Plan October 31, 2024 DRAFT Page 39 of 54 PROPENSITY FOR DEVELOPMENT Step 1 Each of the four parcels in the Sun Road Sub Area were evaluated based on the likelihood of redevelopment potential. The evaluation of the likelihood of redeveloping a parcel is included in the table below. This criterion was used as a guide to inform the potential for individual parcel redevelopment. Fig. ___Development Propensity Exhibit Evaluation of Parcels for Redevelopment. Avon considered several factors when determining the potential and desirability for redevelopment. The factors are generally weighted with a “high” “medium” or “low” factor for redevelopment. These factors include: Potential for Redevelopment: 1. Density. Whether the parcel is currently utilizing its potential for development. This is measured as a floor area ratio (FAR) of total existing square footage of development compared to total square footage of the lot. Town Center zoning comfortably allows five stories of development with a site coverage of 80%, which would result in a 4:1 FAR. A FAR of 2:1 is utilizing less than one half the potential development of the parcel and an FAR of 1:1 or less is considered to be significantly underdeveloped. 2. Age or Condition of Building. Demolishing an existing building has more cost compared to developing vacant land. Commercial buildings are often developed with a planned useful life of 40-50 years. Older buildings which are nearing the end of its useful life are considered to have more potential for redevelopment. Other considerations include existing condition of building and whether repair, replacement or remodel investments have occurred recently. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 40 of 54 3. Infrastructure. Consideration is given to whether existing infrastructure surrounding and serving the parcel can support redevelopment or will require off-site improvements. 4. Ownership and Encumbrances. Consideration is given to current ownership structure, existing leases, and covenants, easements or other agreements that affect title or potential redevelopment of the property. 5. Environmental. Consideration is given to environmental factors which may impact or increase costs for redevelopment. Environmental factors may include topography, slopes, hazardous materials, drainage and floodplain, wildfire risk, poor soil and other physical factors affecting development. 6. Zoning. Consideration is given as to whether existing zoning allows redevelopment. Desirability for Redevelopment: 7. Current Use. Consideration is given as to whether the current use is compatible with zoning and Comprehensive Plan. Current uses which are desirable, and which can be incorporated into redevelopment plans should be given medium, or neutral, weight. 8. Potential Uses. Consideration is given as to whether there are additional uses which are desired by the community. 9. Tax Revenues. Consideration is given as to what taxes are generated from existing use and what taxes may be generated from additional or alternate future uses. PARCEL 1: COMFORT INN CONSIDERATION WEIGHT COMMENTS 1. Density Low This is a commercial lodging use with 146 rooms that could be expanded with redevelopment, or converted to residential 2. Age/Condition Medium Building was constructed in 1986 and appears to be in good condition. 3. Infrastructure High Existing infrastructure exists to support redevelopment of the parcel. 4. Ownership / Encumbrances Medium A corporate owner operates the existing lodging use. There are no known encumbrances. 5. Environmental High This parcel is very flat. There are no known environmental constraints to redevelopment. 6. Zoning Medium Current zoning is a retired zone district: RH-C Residential High Density Commercial. For redevelopment, most likely an alternate zone district would be applied. If converted to mixed use or residential, a Development Bonus potentially could vary building height, density, parking and setbacks. 7. Current Use Low Current use is desirable as Avon’s use generating Lodging Tax. 8. Potential Uses Low Several potential uses are highly desirable on this site, including mixed use or additional lodging uses. 9. Tax Revenues Low The property generates commercial property tax and lodging tax, but does not generate sales tax. Overall rating for Redevelopment Potential is LOW Sun Road Sub Area Plan October 31, 2024 DRAFT Page 41 of 54 PARCEL 2: USPS CONSIDERATION WEIGHT COMMENTS 1. Density High Current FAR is XXX and is substantially underdeveloped. 2. Age/Condition High Building was most likely constructed in the early to mid- 1980’sand appears to be in good condition. 3. Infrastructure High Existing infrastructure exists to support redevelopment of the parcel. 4. Ownership / Encumbrances High The USPS operates the existing building. There are no known encumbrances. 5. Environmental High This parcel is very flat. There are no known environmental constraints to redevelopment. 6. Zoning High Current zoning is Town Center. A Development Bonus potentially could vary building height, density, parking and setbacks 7. Current Use Medium Current use serves the community; however, potentially not specific to this lot and to this degree, but is acceptable within the zoning and Comprehensive Plan 8. Potential Uses High Several potential uses are highly desirable on this site, including Community Housing, regional transit center, additional neighborhood commercial, and parking 9. Tax Revenues - The property generates no tax or financial benefit to Avon Overall rating for Redevelopment Potential is HIGH PARCEL 3: WALGREENS CONSIDERATION WEIGHT COMMENTS 1. Density High Current FAR is XXX and is potentially underdeveloped. 2. Age / Condition Medium Building was constructed in 2012 and is in good condition. 3. Infrastructure High Existing infrastructure exists to support redevelopment of the parcel. 4. Ownership / Encumbrances High Corporate owner operates the existing building. There are no known encumbrances. 5. Environmental High This parcel is very flat. There are no known environmental constraints to redevelopment. 6. Zoning High Current zoning is Town Center. A Development Bonus potentially could vary building height, density, parking and setbacks. 7. Current Use Medium Current use is desirable, serves the community, and fits the zoning and Comprehensive Plan. 8. Potential Uses High Several potential uses are highly desirable on this site, including Community Housing, regional transit center, additional neighborhood commercial, and parking. 9. Tax Revenues Medium The property generates commercial property tax and generates sales tax. Overall rating for Redevelopment Potential is HIGH Sun Road Sub Area Plan October 31, 2024 DRAFT Page 42 of 54 PARCEL 4: FIRST BANK CONSIDERATION WEIGHT COMMENTS 10. Density High Current FAR is 0.2:1 and is substantially underdeveloped. 11. Age / Condition Medium Building was originally constructed in 1987 and appears to be in good condition. 12. Infrastructure High Existing infrastructure exists to support redevelopment of the parcel. 13. Ownership / Encumbrances High Owner operates the existing building. There are no known encumbrances. 14. Environmental High This parcel is very flat. There are no known environmental constraints to redevelopment. 15. Zoning High Current zoning is Town Center. Development Bonus is allowed for building height, density, parking and set backs. 16. Current Use Medium Current use is desirable, serves the community, and fits the zoning and Comprehensive Plan 17. Potential Uses High Several potential uses are highly desirable on this site, including Community Housing, regional transit center, additional neighborhood commercial, and parking 18. Tax Revenues Medium The property generates commercial property tax, but does not generate sales tax or accommodations tax Overall rating for Redevelopment Potential is HIGH CONCEPT ALTERNATIVES: Three high-level concepts were evaluated as part of the future Sun Road Sub Area. The concepts considered existing conditions, project objectives, and potential redevelopment opportunities for further exploration. The opportunities considered modifying existing land uses and mobility and access consistent with the Sub Area’s intended vision and goal. The three alternatives included:  Concept 1: Regional Transit Hub/Ground Level Commercial/Community Housing + Free Market [Comfort Inn is not included in development plan]  Concept 2: Ground Level Commercial/Community Housing [Lot by Lot in Phases]  Concept 3: Full Sub-Area Redevelopment [with Comfort Inn] Ground Level Commercial/Community Housing CONCEPT 1: Multi-modal Park-‘N-Ride Structure Description:  New 2-3 story parking structure to accommodate 500-550 parking spaces  Multi-modal function serving visitors  Access to transit and gondola  Sun Road right-of-way remains  Comfort Inn remains  Walgreens, FirstBank and U.S. Post Office site to be redeveloped to accommodate similar retail uses Sun Road Sub Area Plan October 31, 2024 DRAFT Page 43 of 54 Fig ___: Sun Road – Concept 1 (Needs update) CONCEPT 2: Community Housing Description: • New community housing to accommodate 190-220 units • New shared use parking structure to accommodate 200- 300 parking spaces • Sun Road rights-of-way remains • Comfort Inn remains • FirstBank parcel remains, or is modified to accommodate other uses as a pharmacy retail-postal outlet *Image needs update Sun Road Sub Area Plan October 31, 2024 DRAFT Page 44 of 54 CONCEPT 3: Full Sub Area Redevelopment POLICY – RESIDENTIAL OR LODGING FOR COMFORT INN? Description: • New community housing accommodates 200-300 units and residential amenities (pool / club house) • New shared-use parking structure to accommodates 200- 300 parking spaces • Sun Road rights-of-way is eliminated • Comfort Inn, Post Office, Walgreens and FirstBank parcels are redeveloped (land acquisition / land assemblage is pursued for redevelopment • New civic green space / additional surface parking STRENGTHS, WEAKNESSES, + OPPORTUNITIES The analysis below represents each alternative and the Pros and Cons for each Concept under study. Concept 1: Multi-modal Park-n- Ride Structure Concept 2: Community Housing Concept 3: Full Sub Area Redevelopment Pros • Provides large supply of parking spaces in one location • Supports new Community Housing opportunities • Opportunity for corner retail (coffee shop, restaurant) Sun Road Sub Area Plan October 31, 2024 DRAFT Page 45 of 54 • Easily accommodates and intercepts visitors off I-70 • New renovated ground level commercial / retail • Ability to move Avon Station to this location to accommodate expanded use • Multi-family wrapped around parking structure • Resident amenities (pool / club house, lawn area) • Opportunity for strong retail street edge on W. Beaver Creek Boulevard • Enhance pedestrian connections • Improved walking paths to Main Street Mall + beyond • Sun Road infrastructure remains • Stronger Street edge along W. Beaver Creek Boulevard • Enhanced pedestrian connections • Walking paths to Main Street Mall + beyond • Comfort Inn redevelops to maximize development yields • New 6-7 story lodging (250 plus rooms) Increase lodging • Amenities (pool, restaurant, small retail) • Secured, shared parking spaces in parking structure Cons • Location as a major public- private funded parking investment • Large parking structure footprint • Consumes a significant portion of the Sun Road Sub Area • Limits potential to accommodate Community Housing • Parking structure only, limited surface parking • No drive thru lanes • Does not optimize redevelopment opportunity • Infrastructure cost to relocate Sun Road utilities • Land acquisition / land assemblage PREFERRED CONCEPT: A Multi-modal, transit-oriented development (“TOD”) is a type of development that concentrates residential, business, and leisure space within walking distance of public transportation. TODs are designed to be dense, walkable, and mixed-use, and are intended to create vibrant, sustainable, and equitable communities. TODs can have many benefits, including: • Reduced dependence on cars: TODs can lead to less dependence on motor vehicles and reduce exposure to traffic and noxious fumes. • More efficient use of resources: TODs can help use resources more efficiently. • Better for Increased Equity: TODs assist in providing housing options for all persons who work within Avon, or outside of town in offering immediate multimodal transportation options. • Support for Avon’s Hospitality uses: The Sun Road area is walkable to Avon’s existing accommodation hotels, making this site a centralized asset for visitors. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 46 of 54 Chapter 5: IMPLEMENTATION STRATEGY Chapter 5: IMPLEMENTATION Sun Road Sub Area Plan October 31, 2024 DRAFT Page 47 of 54 This section serves as a delivery framework intended as a guide for future decision making and programming. A. INTRODUCTION: The Sun Road Redevelopment sub-area parcels for U.S. Post Office, Walgreens and First Bank are already zoned Town Center. Redevelopment could proceed without Town incentives and facilitation. The Implementation Strategy in this Plan focuses on creating a high quality, mixed-use development that includes a new regional transit center, ground level neighborhood services and high density Community Housing development. This section outlines the steps, challenges and Town’s role to coordinate, facilitate, incentivize and advance redevelopment in this Plan area. B. US POST OFFICE/WALGREENS/FIRSTBANK PARCELS: The primary parcels for redevelopment planning are focused on the U.S. Post Office, Walgreens and FirstBank parcels because they are currently under-developed and identified as having a high potential for redevelopment. These parcels represent a unique opportunity to create a strong and attractive mixed-use development on a prominent corner of Avon Road. Town’s initial role includes contacting each of the property owners and establishing a working relationship for conceptual design, planning and coordination for redevelopment. C. COMFORT INN PARCEL: The Comfort Inn parcel is identified as having medium potential for redevelopment. The current zoning is designated as a “retired” which means any redevelopment will require a new zoning designation. The recommended new zoning is Mixed-Use Commercial in order to serve as a transition from the Town Center zoning to the (medium/high?) Residential Zone District to the west (Greenbriar). The Town will support and facilitate an application for rezoning of the Comfort Inn Parcel when desired by the property owner. D. REGIONAL TRANSIT CENTER: The planning, design and financing of a new regional transit center is complex. This effort will require coordination with CORE Transit and CDOT; coordination with existing uses (i.e. U.S. Post Office, Walgreens, and FirstBank); planning and design to integrate upper floor offices, high density residential, a parking structure and a public plaza; pursuit of state and federal grant funding; public financing by the Town of Avon, Avon Downtown Development Authority, and/or Avon Housing Authority; and partnership with private developer. Planning for a new Transit Center should include a “build-out” assessment of potential development and projected growth of transit services for the next 50 years. Avon will take the lead on coordinating with CORE Transit and will offer the take the lead on apply for grant applications to assist with design and programming costs. E. PLANNING AND DESIGN FOR US POST OFFICE, WALGREENS, FIRSTBANK: Planning and design of for the U.S. Post Office, Walgreens and FirstBank will require initial coordination and assessment by each existing property to determine space needs and any specialized designs unique to the use in a redevelopment design (e.g. loading for U.S. Post Office, drive-through for U.S. Post Office, Walgreens, and FirstBank). Transition and displacement mitigation must also be considered for any future redevelopment. Such mitigation may include temporary alternate locations and/or phasing of development to create new commercial space before demolition of existing space. CHAPTER 5: IMPLEMENTATION STRATEGY Sun Road Sub Area Plan October 31, 2024 DRAFT Page 48 of 54 F. CONCEPTUAL DESIGN: The Town will seek to conduct or facilitate initial conceptual designs which will be primarily intended to advance conversations and planning, determine physical feasibility, and to generate prospective layouts and square footage estimates of different uses to create a financial pro forma for potential development projects. The conceptual design process should utilize a Request for Proposal process that is defined and administered with inclusion of the existing property owners and the Avon DDA. The conceptual design should consider traffic flow through the site from Avon Road to the planned alignment and intersection for access to Lot B/Lot 3. G. PARKING DISTRICT: Redevelopment of the plan area will require significant parking and a parking structure. Conceptual design should recognize and seek to incorporate the designation of a parking district as authorized in the Avon Development Code to reduce overall parking requirements and to create a functional parking structure with safe pedestrian connections to ground floor uses. H. DENSITY BONUS: The Avon Development Code allows for Density Bonuses for projects which provide Community Housing, public spaces, and economic benefits. Density Bonuses may include increased building height and reduced parking. The Sun Road Plan area may be suitable for increased building heights due to the location on the north side of West Town Center. Any increase in building heights should be used to create architectural interest and variation in building heights rather than attempting to create a monotonous super block building on the site. Limited reduction of parking for residential uses combined with access to car share programs should be considered. I. FINANCIAL MODELLING: Town will retain third party consultants to assist with financial modelling of potential development scenarios. Financial modelling will occur concurrently with development of conceptual designs. Financial modelling will consider various mixes of deed restricted and free market residential development, various mixes of resident occupied and price capped/rent capped deed restrictions, tax revenues from different commercial, retail, residential and public uses, and potential tax increment financing revenues as relates to the Avon URA and Avon DDA. The Avon Housing Authority, or regional partnership of housing authorities, will be considered as a source of public financing. J. TRANSITION AND DISPLACEMENT MITIGATION: Concurrently with development of conceptual designs, Town will work closely with existing property owners to identify feasible transition and displacement mitigation. Transition and displacement mitigation may include assisting with off-site temporary commercial space and/or phasing to develop new commercial space for move-in before demolishing existing commercial space. K. PARTNERSHIPS: Redevelopment of the Sun Road Sub-Area Plan area will require numerous partnerships. Conceptual planning will require existing property owners to partner with the Town of Avon, Avon Downtown Development Authority, Core Transit, and potential grant funding agencies. Once a viable conceptual design is determined, then the Town would conduct a Request for Proposal for Development Services to solicit an interested developer to further refine designs and ultimate redevelop of the site. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 49 of 54 IMPLEMENTATION TIMELINE: Adopt Sun Road Sub-Area Plan: Q1 – 2025 Scoping for Transit Center and Existing Users: Q1-Q2 2025 Apply for Grant Funding to Defray Conceptual Design Costs: Q1 2025 Solicit Conceptual Design Services: Q2 2025 Conceptual Design/Financial Modelling: Q3 2025 to Q3 2026 RFP for Developer Services: Q4 2026 – Q1 2027 Construction Design with Development Partner: Q2 2027 – Q1 2028 Commence Phase 1 Construction: Q2 2028 Sun Road Sub Area Plan October 31, 2024 DRAFT Page 50 of 54 Chapter 6: DESIGN STANDARDS Sun Road Sub Area Plan October 31, 2024 DRAFT Page 51 of 54 This Chapter sets forth design standards and expectations for redevelopment of the Sun Road Plan Area which will supplement the Design Standards set forth in Avon Municipal Code 7.28.090. The intent is to provide clear guidance for desired design outcomes to maximize the efficiency of design and engineering work. Vacate Sun Road Sun Road will be vacated as a public right-of-way. The .61 acre area (26,203 sq.ft.) of Sun Road will be repurposed to increase the sidewalk right-of-way along Avon Road, provide additional right-of-way as may be need along West Beaver Creek Boulevard to accommodate angle bus parking and a round- about, and to provide public plaza area. Sidewalks: Avon Road - The sidewalk right-of-way along Avon Road shall be increased to a minimum of 16’ width to allow a generous 8’ wide sidewalk in front of buildings and generous 8’ wide planting area for trees and landscaping. Avon Road is a busy arterial. The additional landscaping will create a barrier between the sidewalk and Avon Road to improve safety and enhance the pedestrian experience. Widening the sidewalk right-of-way by 8’ is estimated to require 3,600 sq.ft. of additional area [estimated 450’ length]. West Beaver Creek Boulevard The sidewalk may need to be increased to accommodate both pedestrian passage as well as boarding, deboarding and waiting for transit. There are currently 5 driveway accesses from West Beaver Creek Boulevard. Redevelopment should reduce the total driveway accesses to 2. Widening the right-of-way for angle transit stalls and wider sidewalk by 30’ is estimated to require 9,000 sq.ft. of additional area [estimated 300’ length]. Pedestrian Access Pedestrian access should be prioritized over vehicles wherever possible. Pedestrian access design should enhance way finding and provide attractive, comfortable and safe pedestrian routes. In addition to pedestrian access along Avon Road and West Beaver Creek Boulevard, interior pedestrian access should be functional, comfortable, safe and attractive. Public art should be integrated where possible and appropriate to enhance the pedestrian experience, including statues and sculptures, fountains, creative sidewalk designs, and murals for blank walls along pedestrian routes. Stairwells should include windows for public visibility and should include interior finishing to provide an attractive experience. CHAPTER 6: DESIGN STANDARDS & EXPECTATIONS Sun Road Sub Area Plan October 31, 2024 DRAFT Page 52 of 54 Round-About Conceptual designs will explore the placement of a round-about near the intersection of Sun Road and West Beaver Creek Boulevard in appropriate alignment to serve the common driveway access for Lot B and Lot 3 on the south side of West Beaver Creek Boulevard. Additional right-of-way for a round- about is estimated to require 6,000 sq.ft. Public Plaza A public plaza adjacent to the West Beaver Creek Boulevard should be integrated into the project. The size of the public plaza should be at least 7,600 square feet. The public plaza should be located to provide attractive frontage for active retail uses, informal outdoor seating, landscaping and flower planters, and public art and/or water fountain. Buildings The following principles and standards shall apply to building form, design and architecture. Relevant sections of 7.28.090 Design Standards in the Avon Development Code are cited, expanded and further defined for development in this Sun-Road Plan area. Mountain contemporary architecture shall be utilized with clean design lines, stone exterior materials for the ground floor to create a base and pitched roof and roof overhangs to create a top. 7.28.090(a)Purpose. (6) To encourage developments that relate to adjoining public streets, open spaces, parks, trails and neighborhoods with building orientation and physical connections that contribute to the surrounding network of streets and walkways; Buildings should be built up to the sidewalk edge 7.28.090(j) Mixed-Use and Nonresidential Design Standards. (3) Site Layout and Design. Buildings shall be oriented to positively define and frame adjacent public streets and/or public or common spaces, while promoting the collective form of neighborhoods by: (i) Building Orientation. (A) Buildings shall reinforce the street edges and create pedestrian-scaled open spaces. Buildings on corner lots should be designed to positively define and frame the public area of both streets they front. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 53 of 54 (B) Building fronts and entries shall be oriented toward streets or public plazas and should be arranged to create courtyards and other human-scaled spaces designed to maximize solar access and exposure. (C) Ground floors of new buildings shall be at grade or elevated above grade. Ground- floor residential uses should be raised above adjacent sidewalks. Under no circumstances shall a building be sunken below grade. [NOTE: property along Avon Road slopes down towards the south such that (4) Building Layout and Design (i) New development in Town Core shall maintain a high interaction between pedestrians and the activities inside the buildings at ground level. [in part] Buildings fronting on Avon Road, West Beaver Creek Boulevard and the public plaza should be retail ready, generally meaning that the interior floor to ceiling height should be at least 12’ high and that the space should follow design standards in Section 7.28.090(J)(vii). 7.28.090(J)(vii) Storefronts and Pedestrian Entrances. A. The first floor of all new buildings shall provide: a pedestrian-friendly environment, with human-scale and natural building materials; extensive storefront windows for display and views into the business; and access directly from adjacent sidewalks. B. When transparency is in conflict with internal functions of the building, other means shall be used to activate the street-facing facades, such as public art, architectural ornamentation or details or color patterns. C. To encourage activity along the building frontage, entrances shall be located at intervals of a maximum of thirty-two (32) feet. D. The primary access to retail spaces on Benchmark Road, Main Street and W. Beaver Creek Boulevard shall be from the sidewalk. E. New buildings should relate to the public space through architectural frontages that provide direct access into them and a transition between their private space and public streetscape. Sun Road Sub Area Plan October 31, 2024 DRAFT Page 54 of 54 (1) New buildings shall be designed with frontages that activate the street by providing direct access to ground-floor commercial spaces. (2) To the maximum extent feasible, the principal building entrance shall face an adjacent public street, public plaza or primary public walkway. In cases where the principal entrance does not face the principal street, the entrance shall be connected to the street and adjacent parking areas with a sidewalk. (F) In order to ensure that building entrances are welcoming to pedestrians, easily identifiable and accessible from streets and sidewalks, primary entries shall be clearly visible from the street and accentuated from the overall building facade by: (1) Differentiated roof, awning or portico; (2) Covered walkways or arcades; (3) Projecting or recessed entries from the surrounding building facade; (4) Detailed doors and doorways with transoms, sidelights, trim details and/or framing; (5) Windows within doorways equivalent in size to fifty percent (50%) of door surface area; and (6) Decorative nighttime lighting where appropriate. (G) Secondary entrances shall have minor architectural detailing that adds visual interest to that portion of the facade. (H) Public doors and entryways shall be a combination of glass and metal or wood or solid wood. [END OF DOCUMENT] 1 of 2 TO: Chairperson Tony Emrick and DDA Board Members FROM: Paul Redmond, Chief Financial Officer RE: 2024 Revised Budget and 2025 Proposed Budget for Downtown Development Authority DATE: October 30, 2024 SUMMARY: This reports presents to the Board the final revised 2024 operating budget and the adoption of the proposed 2025 operating budget. Resolution 24-02 amends the Avon Downtown Development Authority’s 2024 Budget. The 2025 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 24-03. 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. 2024 BUDGET: Below is a summary of the proposed budget revisions and the estimated impacts to fund balances. 1. Taxes: Decrease of $52,888 as the Original 2024 Budget set a place holder for the tax increment financing as the Town was working with the Eagle County Assessor’s office on determining to proper calculation. 2. Treasurer Fees: Increase of $500 to account for the 3% fee collected by the Eagle County Treasurer. 2025 BUDGET: The proposed 2025 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. The Avon DDA collects TIF (tax increment financing) revenue from the increase valuation in the Avon DDA’s plan area. The proposed 2025 revenues of $413,496 are based off the assessed valuations for the for the increment of $6,020,750. This is an increase of $5,264,090 over the prior year’s valuation. This is largely due to the completion of the Spring Hill Suites. The Avon DDA is required to dedicate at least 50% of the revenues to community housing. In 2025, the Avon DDA will dedicate $250,000 for planning and design of community housing including $100,000 for the potential housing next to the Early Childhood Center. The budget also sets aside $75,000 for the planning and design of Planning Area B. Planning Area B is a 4-acre parcel in the Village at Avon which is planned to be a park area with a water feature and potential recreational and cultural amenities. TOWN MANAGER COMMENTS: The budgeted amounts are very general place holders. The potential to pursue a Community Housing project on the west side of Planning Area E and the adjacent Lot 8 is dependent upon finalizing an amendment to the Village (at Avon) Planned Unit Development, which requires concurrence and approval of Traer Creek, LLC. Any planning and design work on Planning Area 2 of 2 B will need to coordinate with planning and design of development on Planning Area A. The Development Agreement and Village (at Avon) Planned Unit Development guide contemplate that the actual location and configuration of Planning Area B is likely to change in order to coordinate with and support the adjacent private development. Additional steps need to occur before Avon commences any planning and design work for either Community Housing or Planning Area B. RECOMMENDATION: Staff recommends the Board adopt the Resolution as presented. PROPOSED MOTION: “I move to approve Resolution 24-02 and 24-03 as listed on the Avon DDA’s meeting agenda of November 4, 2024, adopting the final revised 2024 operating budget and adopting the proposed 2025 Budget for the Avon Downtown Development Authority.” ATTACHMENTS: Attachment A - Resolution No. 24-02 Final Revised 2024 Budget Attachment B - Resolution No. 24-03 Adopting 2025 Budget Attachment C – Avon Downtown Development Authority 2025 Budget Thank you, Paul Avon Downtown Development Authority Resolution No. 24-02 November 4, 2024 Page 1 of 2 AVON DOWNTOWN DEVELOPMENT AUTHORITY RESOLUTION 24-02 AMENDING THE 2024 AVON DOWNTOWN DEVELOPMENT AUTORITIES OPERATING FUND BUDGET WHEREAS, the Board of Directors of the Avon Downtown Development Authority has previously adopted the 2024 budget; and WHEREAS, the Board of Directors reviewed the revised estimated revenues and expenditures for the operating fund for 2024; and WHEREAS, the Board of Directors finds it is necessary to amend the 2024 budget to more accurately reflect the revenues and expenditures for 2024; and WHEREAS, upon due and proper notice, published or posted in accordance with the law, the proposed supplemental amendment to the 2024 budget was open for inspection by the public at a designated place, a public hearing was held on November 4, 2024 and interested taxpayers were given the opportunity to file or register any objections to the proposed budget amendment; 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 DOWNTOWN DEVELOPMENT AUTHORITY: Section 1. That estimated revenues and expenditures for the following funds are revised as follows for 2024: 2024 Budget Avon Downtown Development Authority Beginning Fund Balance Revenues and Other Sources Expenditures and Other Uses $ 0 47,112 1,422 Ending Fund Balance $ 45,690 Attachment A Avon Downtown Development Authority Resolution No. 24-02 November 4, 2024 Page 2 of 2 Section 2. That the budget, as submitted, amended, and hereinabove summarized by fund, hereby is approved and adopted as the budget of the Avon Downtown Development Authority for the year stated above. Section 3. That the budget hereby approved and adopted shall be signed by the Chairman and Secretary and made part of the public record of the Avon Downtown Development Authority. ADOPTED November 4, 2024 by the AVON DOWNTOWN DEVELOPMENT AUTHORITY BOARD OF DIRECTORS. By:______________________________ Attest:_____________________________ Tony Emrick, Chairman Chris Neuswanger, Secretary Attachment A Avon Downtown Development Authority Resolution No. 24-03 – Adopting 2025 Budget November 4, 2024 Page 1 of 1 AVON DOWNTOWN DEVELOPMENT AUTHORITY RESOLUTION 24-03 ADOPTING THE 2025 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 2025 Budget has been presented to the Board and notices of a public hearing has been property posted for 3pm on November 4, 2024; 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 DOWNTOWN DEVELOPMENT AUTHORITY that the Board of Directors of the Avon Downtown Development Authority hereby adopt the following 2025 budget: 2025 Budget Avon Downtown Development Authority Beginning Fund Balance Revenues and Other Sources Expenditures and Other Uses $ 45,690 413,496 346,405 Ending Fund Balance $ 112,781 ADOPTED November 4, 2024 by the AVON DOWNTOWN DEVELOPMENT AUTHORITY BOARD OF DIRECTORS. By:______________________________ Attest:_____________________________ Tony Emrick, Chairman Chris Neuswanger, Secretary Attachment B Final Original Revised Projected Approved Actual Budget Budget Actual Budget 2023 2024 2024 2024 2025 REVENUES Taxes -$ 100,000$ 50,000$ 47,112$ 413,496$ Total Operating Revenues - 100,000 50,000 47,112 413,496 TOTAL REVENUES - 100,000 50,000 47,112 413,496 EXPENDITURES Current: Treasurer Fees - 1,000 1,500 1,422 12,405 Planning and Design - Community Housing - -- - 150,000 Planning and Design - Early Childhood Housing - -- - 100,000 Planning and Desing - Planning Area B - -- - 75,000 Misc Expense - 9,000 9,000 - 9,000 Total Operating Expenditures - 10,000 10,500 1,422 346,405 TOTAL EXPENDITURES - 10,000 10,500 1,422 346,405 NET SOURCE (USE) OF FUNDS - 90,000 39,500 45,690 67,091 FUND BALANCES, Beginning of Year - - - - 45,690 FUND BALANCES, End of Year -$ 90,000$ 39,500$ 45,690$ 112,781$ Fund Summary Avon Downtown Development Authority Attachment C DDA MEETING MINUTES MONDAY, OCTOBER 7, 2024 HYBRID MEETING, IN PERSON AND VIA MICROSOFT TEAMS AVON DDA MEETING MINUTES OCTOBER 7, 2024 PAGE 1 | 2 ROLL CALL Present in Person: Chair Tony Emrick, and Board Members Greg Cooper and Mathew Fitzgerald. Present Virtually: Board Members Brandt Marrott, Scott Tarbet, Rob Tartre, Wayne Hanson, and Board Secretary Chris Neuswanger. Board Member Marcus Lindholm joined the meeting virtually at 3:18 p.m. Board Member Rob Tartre left the virtual call at 3:52 p.m. Absent: Board Members Bill Glaner, Councilors Rich Carroll and Chico Thuon. Staff: Town Manager Eric Heil, Community Development Director Matt Pielsticker, Finance Director Paul Redmond, Town Clerk Miguel Jauregui Casanueva, Planning Manager Jenna Skinner, and General Government Fellow Arnell Wade. Deputy Town Manager Patty McKenny was present virtually. The meeting was called to order at 3:00 p.m. DDA Board Chair Tony Emrick presided over the meeting. 2. APPROVAL OF AGENDA Board Member Greg Cooper motioned to approve the agenda as presented. Board Member Mathew Fitzgerald seconded the motion. The motion was approved unanimously with an 8-0 vote of those present at that time. 3. DISCLOSURE OF ANY CONFLICTS OF INTEREST RELATED TO AGENDA ITEMS Board Chair Emrick asked if there were any conflicts of interest, and none were disclosed. 4. PUBLIC COMMENT No public comments were made in person nor virtually. [Board Member Marcus Lindholm joined the meeting at 3:18 p.m.] 5. BUSINESS ITEMS 5.1 Work Session: Complete draft of Sun Rd Redevelopment Plan (Community Development Director Matt Pielsticker and Town Manager Eric Heil) Chair Tony Emrick introduced the topic of the draft plan for the Sun Rd Redevelopment. Town Manager Eric Heil mentioned it is almost past the stage of a draft plan and getting close to a final version of the Sun Rd Redevelopment Plan. Town Manager Heil explained the plan is at the stage where staff seeks to receive feedback from Avon DDA Board Members and all other Town Boards and Committees so that it can be put in final form so that it can then be presented to the Town’s residents and property owners impacted. Town Manger Heil added that the plan will have an executive summary of 2-3 pages and then be followed by all pages of the complete and detailed plan. Community Development Director Matt Pielsticker mentioned that this draft plan was presented to Town Council approximately 2 months ago and staff received feedback to expand the plan that is now greater and more ambitious than before. [Board Member Rob Tartre left the virtual call at 3:52 p.m.] Town Manager Heil delivered his presentation of the plan included in the packet and highlighted that the biggest change occurred a month ago when Staff came to the collective realization that Avon Station is already at capacity and as the area grows, there is no way to make that space work for public transit. He added, noting that the Town now looks at Sun Rd. as a viable alternative for a Regional Transit Center. Board Member Marrott stated he thinks this plan creates a lot of opportunity and flexibility built into the document and it is well thought out and ready for consultants to be onboarded and further it. This statement received the support of Greg Cooper in person and others virtually. Town Staff received feedback from Avon DDA Board Members. As this was a work session, no motion was requested. DDA MEETING MINUTES MONDAY, OCTOBER 7, 2024 HYBRID MEETING, IN PERSON AND VIA MICROSOFT TEAMS AVON DDA MEETING MINUTES OCTOBER 7, 2024 PAGE 2 | 2 6. MINUTES Board Member Mathew Fitzgerald presented a motion to approve the Minutes from Avon DDA Board Meeting held September 16, 2024. Board Member Brandt Marrott. They were approved with a 8-0 vote of those present at that time. 7. ADJOURNMENT DDA Board Chair Emrick adjourned the meeting at 4:20 p.m. Respectfully submitted by: Miguel Jauregui Casanueva 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.