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TC Packet 09-08-2026_____________________________________________________________________________________ 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 INDIVIDUALS WITH DISABILITIES ARE ENCOURAGED TO PARTICIPATE IN ALL PUBLIC MEETINGS SPONSORED BY THE TOWN OF AVON. IF YOU REQUIRE A DISABILITY ACCOMMODATION, PLEASE CONTACT THE TOWN CLERK, MIGUEL JAUREGUI CASANUEVA, AT 970-748-4001 OR MJAUREGUI@AVON.ORG WITH YOUR REQUEST. REQUESTS SHOULD BE MADE AS SOON AS POSSIBLE BUT NO LATER THAN 72 HOURS BEFORE THE SCHEDULED PUBLIC EVENT. AVON TOWN COUNCIL MEETING AGENDA TUESDAY, September 8, 2026 MEETING BEGINS AT 5:00 PM Hybrid meeting; in-person at Avon Town Hall, 100 Mikaela Way or virtually through Zoom, Zoom registration is on the header at Avon.org AVON TOWN COUNCIL PUBLIC MEETING BEGINS AT 5:00 PM 1. CALL TO ORDER AND ROLL CALL 2. APPROVAL OF AGENDA 3. DISCLOSURE OF ANY CONFLICTS OF INTEREST RELATED TO AGENDA ITEMS 4. PUBLIC COMMENT – COMMENTS ARE WELCOME ON ITEMS NOT LISTED ON THE FOLLOWING AGENDA Public comments are limited to three (3) minutes. The speaker may be given one (1) additional minute subject to Council approval. 5. CONSENT AGENDA 5.1. Approval of August 25, 2026 Regular Council Meeting Minutes (Town Clerk Miguel Jauregui Casanueva) 6. BUSINESS ITEMS 6.1. PRESENTATION: FreeFall Bluegrass Festival: A Comprehensive Pre-Event Summary Including Ticket and Sponsorship Performance, Marketing Outcomes and Overall Event Success Metrics (FreeFall Event Producer Diane Moudy) 6.2. PRESENTATION: Private Exterior Wildfire Mitigation and Suppression Systems (Eagle River Water & Sanitation District Government Affairs Supervisor Brian Thompson and Development Supervisor Micah Schuette) 6.3. ACTION: Employee Housing Mitigation Plan Application HMP26-001 for a Commercial Storage Business Located at 710 Nottingham Road (Planning Manager Jena Skinner) 6.4. PUBLIC HEARING: ORDINANCE 26-07, Second Reading: Avon Community Housing Plan Updates and PUBLIC HEARING: CPA26-001 Comprehensive Plan Amendment (Planning Manager Jena Skinner and Housing Planner Patti Liermann) 6.5. WORK SESSION: First Draft Capital Project Fund and Long-Range CIP (Town Manager Eric Heil, Chief Finance Officer Paul Redmond and Director of Engineering Eva Wilson) 7. WRITTEN REPORTS 7.1. Village at Avon Update on Permits & Construction (Director or Engineering Eva Wilson) 8. MAYOR AND COUNCIL COMMENTS & MEETING UPDATES 9. EXECUTIVE SESSION 9.1. For the purpose of leasing real estate pursuant to CRS 24-6-402(4)(a) and for the purpose of determining negotiating positions, developing strategy for negotiations, and instructing negotiators pursuant to CRS 24-6-402(4)(e)(i) concerning the Avon Library (Town Manager Eric Heil) 10. ADJOURN Public Comments: Council agendas shall include a general item labeled “Public Comment” near the beginning of all Council meetings. Members of the public who wish to provide comments to Council greater _____________________________________________________________________________________ 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 INDIVIDUALS WITH DISABILITIES ARE ENCOURAGED TO PARTICIPATE IN ALL PUBLIC MEETINGS SPONSORED BY THE TOWN OF AVON. IF YOU REQUIRE A DISABILITY ACCOMMODATION, PLEASE CONTACT THE TOWN CLERK, MIGUEL JAUREGUI CASANUEVA, AT 970-748-4001 OR MJAUREGUI@AVON.ORG WITH YOUR REQUEST. REQUESTS SHOULD BE MADE AS SOON AS POSSIBLE BUT NO LATER THAN 72 HOURS BEFORE THE SCHEDULED PUBLIC EVENT. than three minutes are encouraged to schedule time in advance on the agenda and to provide written comments and other appropriate materials to the Council in advance of the Council meeting. The Mayor shall permit public comments during any agenda item and may limit public comment to three minutes per individual, which limitation may be waived or increased by a majority of the quorum present. The timer for public comment shall begin promptly after the speaker states their name and place of residence. Article VIII. Public Comments, Avon Town Council Simplified Rules of Order, Amended and Readopted by Resolution No. 24-17. AVON REGULAR MEETING MINUTES TUESDAY AUGUST 25, 2026 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 1 1. CALL TO ORDER AND ROLL CALL The meeting was held in a hybrid format, with attendance both in person at Avon Town Hall and virtually via Zoom. Mayor Tamra N. Underwood called the Regular Meeting of the Avon Town Council for August 25, 2026, to order at 5:11 p.m. Present were Councilors Chico Thuon, Ruth Stanley, Gary Brooks, Kevin Hyatt, Mayor Pro Tem Richard Carroll, and Mayor Tamra N. Underwood. Councilor Lindsay Hardy was absent. Also present were Town Manager Eric Heil, Deputy Town Manager Patty McKenny, Chief Administrative Officer Ineke de Jong, Deputy Town Attorney Betsy L. Williams, Town Clerk Miguel Jauregui Casanueva, Chief Financial Officer Paul Redmond, Financial Analyst Chase Simmons, Community Development Director Matt Pielsticker, Senior Planner Jena Skinner, Recreation Director Michael Labagh, IT Administrator Carlos Molina, and Deputy Police Chief Coby Cosper. 2. APPROVAL OF AGENDA Video Start Time: 00:11:00 Mayor Underwood opened consideration of the agenda. No amendments to the agenda were proposed. Councilor Stanley moved to approve the agenda as presented. Councilor Hyatt seconded the motion. The motion passed unanimously, 6-0. 3. DISCLOSURE OF ANY CONFLICTS OF INTEREST RELATED TO AGENDA ITEMS Video Start Time: 00:11:25 Mayor Underwood inquired whether any Council member had a conflict of interest related to any agenda item. None were disclosed. 4. PUBLIC COMMENT Video Start Time: 00:11:35 Mayor Underwood explained the public comment process, including the available methods for providing comment and the time limits for speakers. Maria DeSimone, an Avon resident, addressed Council regarding the Town's lack of a decision on Flock cameras. She stated that her romantic relationship with a military veteran had deepened her appreciation for the sacrifices made to protect individual freedoms and emphasized that her concerns extend beyond cameras to the principles upon which the nation was founded, including freedom from unnecessary surveillance. She urged Council to protect those freedoms as part of its responsibility to the public. Ms. DeSimone noted that 1,544 individuals had signed a letter requesting that the Town end its participation in the Flock program and stated that she was seeking leadership and a response from Council. Ms. DeSimone further commented that the issue extends beyond Avon and has national significance, noting that similar requests have been made to the Towns of Vail and Gypsum. Kathleen Brendza, an Eagle County resident and candidate for Eagle County Commissioner, addressed Council in person regarding her professional and personal background. She discussed her service on the Gypsum Town Council, highlighted her candidacy in the November 3 election, and invited members of the public to learn more about her campaign by visiting BrendzaForEagleCounty.com. AVON REGULAR MEETING MINUTES TUESDAY AUGUST 25, 2026 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 2 Nicholas Shirley, an Avon resident, addressed Council regarding past pedestrian safety improvements and the Town's participation in the Flock camera program. He expressed appreciation for the Town's responsiveness to prior requests for crosswalk flags and pedestrian crossing improvements, noting that the Town implemented those requested changes quickly. Mr. Shirley stated that he became aware of the Flock camera program following vandalism incidents involving the cameras and subsequently spoke during a prior Council meeting on the topic. He expressed dissatisfaction with the speed of Council's response to concerns raised about the program, referenced public support for ending the Town's participation, and urged Council to either discontinue participation in the program or refer the matter to a public vote. Tim McMahon, an Avon resident, addressed Council in person regarding the Town's participation in the Flock camera program. He referenced a red ballcap he was wearing bearing the phrase "You Work for Us" and stated that it was unacceptable for Council to postpone a decision on the matter. Mr. McMahon described what he viewed as efforts to avoid taking action and questioned why a petition with more than 1,500 supporters had not resulted in a decision. He urged Council to act on the issue, described the program as mass surveillance, and asked Council to stop postponing the matter and make a decision regarding the Town's participation in the Flock program. Charles Balocca, a Eagle County resident, addressed Council in person regarding the Town's participation in the Flock camera program. He stated that mass surveillance is a significant concern in an era of increasing data collection and asserted that many community members are united in opposition to the program. Mr. Balocca stated that Council has a responsibility to prevent government overreach and urged Council to terminate the Town's contract with Flock. He further encouraged the Town to direct resources toward initiatives that unite rather than divide the community. Andrea Soden, a West Vail resident, addressed Council in person in opposition to the Town's participation in the Flock camera program. She expressed concerns regarding the use of Flock cameras and urged Council to discontinue the program. Sarah Barr, an Avon resident, addressed Council in person in opposition to the Town's participation in the Flock camera program. She stated that most residents have not engaged in conduct warranting government scrutiny through mass surveillance and asserted that the public deserves answers regarding the program and the Town's continued participation. Seth Johnson, an Avon resident, addressed Council in person in opposition to the Town's participation in the Flock camera program. He stated that there is broad community dissatisfaction with the program and expressed concerns regarding what he characterized as excessive surveillance and government overreach. Mr. Johnson argued that many individuals are being subjected to monitoring despite having done nothing wrong and urged Council to discontinue the Town's participation in the program. Bob Aurby, an Avon resident, addressed Council regarding recreational amenities and the Town's participation in the Flock camera program. He stated that river access and river recreation features were inadequate this year due to low water conditions and encouraged the Town to improve river access, develop a performance wave, and expand river-related amenities. Mr. Aurby referenced similar amenities in the communities of Salida and Eagle. AVON REGULAR MEETING MINUTES TUESDAY AUGUST 25, 2026 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 3 Mr. Aurby also advocated for greater investment in river recreation and skateboarding facilities, noting that a skate park had been approved but not funded and expressing concern that skateboarding receives less support than other recreational activities. He urged the Town to repair Bob's Bridge and stated his opposition to the expenditure of public funds on the Flock camera program. Mr. Aurby also expressed opposition to Axon cameras, suggested that any retained cameras be placed near Bob's Bridge to capture water-based recreational activities, and encouraged Council to consider the privacy implications of surveillance technologies. Cheryl Erickson, a local resident, addressed Council in person in opposition to the Town's participation in the Flock camera program. Ms. Erickson expressed concerns regarding the use of surveillance cameras and urged Council to discontinue the program. Gwen Chamberlain, a local resident, addressed Council in person in opposition to the Town's participation in the Flock camera program. She expressed concerns about mass surveillance and the concentration of data within a single private company, stating that such systems could be subject to misuse or error and that residents bear the consequences without adequate safeguards. Ms. Chamberlain asked where the public could access the Town's contract with Flock and requested information regarding the agreement's expiration date. She further stated that taxpayer funds should be directed toward environmental, workforce, and healthcare initiatives that promote community well-being and safety, and urged Council to provide greater transparency regarding the program. No additional public comment was received at that time, either in person or virtually. At the request of Mayor Underwood, Town Manager Eric Heil responded to public comments regarding the Town's participation in the Flock camera program. He stated that the Town has not renewed its agreement with Flock and is currently reviewing the matter, including contract terms and data security considerations. Mr. Heil noted that a letter to Avon residents would be released on Thursday, August 27, 2026, and posted on the Town's website outlining the Town's response to concerns related to Flock cameras, license plate readers, speed cameras, and other Town-owned cameras used to monitor public infrastructure. He further advised that a comprehensive review of the issue is scheduled for the October 6, 2026 Town Council meeting. Mr. Heil acknowledged requests for a more immediate response but stated that additional time is needed for staff review and analysis. He noted that he had met with residents earlier in the day to discuss technical issues and emphasized that all public feedback is being considered. Mr. Heil stated that alternative technologies and approaches are also being evaluated and that, while the issue is part of a broader national debate, Flock technology has assisted Avon Police in solving crimes in Avon, making it an important policy matter warranting careful consideration. 5. CONSENT AGENDA Video Start Time: 00:40:00 Mayor Underwood introduced the Consent Agenda, which included: 5.1. ACTION: Approval of August 11, 2026 Regular Council Meeting Minutes (Town Clerk Miguel Jauregui Casanueva) 5.2. Water Easement Conveyance to Upper Eagle Regional Water Authority for Lettuce Patch Early Learning Center (Director of Engineering Eva Wilson) AVON REGULAR MEETING MINUTES TUESDAY AUGUST 25, 2026 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 4 5.3. Confluence Metro District First Amendment to the Facilities Operation Agreement (Chief Finance Officer Paul Redmond) Councilor Thuon moved to approve the Consent Agenda, as presented. Councilor Stanley seconded the motion. The motion passed unanimously, 6-0. 6. BUSINESS ITEMS 6.1. PRESENTATION: Holy Cross Energy Updates: The Grid, Capacity, Reliability and Journey to 100% Renewable Energy (VP of Operations Cody O’Neil) Video Start Time: 00:41:10 VP of Operations Cody O’Neil presented Holy Cross Energy Updates with a presentation related to a capacity assessment of the Avon electric system, outlining its progress toward a 100% carbon-free power supply by 2030 and carbon neutrality by 2035 while maintaining safe, reliable, and affordable service. The presentation reviewed the current status of the Avon Substation, including existing capacity, historical peak demand, and projected load growth through 2035. Holy Cross Energy reported that forecasted demand is expected to slightly exceed the substation's current transformer capacity within the next ten years but stated that the system can accommodate the anticipated load and that planned infrastructure improvements and ongoing monitoring will support future growth. The presentation also highlighted programs and strategies to manage increasing electrical demand, including energy efficiency initiatives, solar and battery storage programs, electric vehicle charging incentives, smart electrification rebates, and rate structures designed to reduce peak demand. Council asked Mr. O'Neil and Key Account Specialist Jeannette Padokis with Holy Cross Energy about the new demand charges and related billing changes. They explained that residential customers can reduce demand charges by staggering energy-intensive activities to avoid operating multiple high-consumption appliances at the same time. In response to questions regarding time-of- use rates, Holy Cross Energy representatives described available rate options and a voluntary peak- time payback program, noting that members may enroll through customer service or online. Council also inquired about Holy Cross Energy's progress toward its clean energy goals and was advised that achieving the final 10 to 15 percent of carbon-free energy presents the greatest challenge and will be balanced against affordability considerations. Additional questions addressed the relationship between Holy Cross Energy and Xcel Energy, including power delivery and wholesale power purchases, as well as battery storage programs that provide incentives for customers to allow Holy Cross Energy access to battery capacity to help reduce system-wide peak demands. 6.2. RESOLUTION 26-11: Approval of Non-Simultaneous Exchange Agreement with State Land Board to Acquire 71 acres of Vacant Land for Community Housing and River Corridor Preservation (Town Manager Eric Heil) Video Start Time: 01:05:20 Town Manager Eric Heil presented Resolution 26-11 approving a non-simultaneous exchange agreement with the Colorado State Land Board for the acquisition of approximately 71 acres of vacant land. Mr. Heil explained that the property is intended to support future community housing opportunities and preservation of the Eagle River corridor. He invited Elliott Hoyt of the Colorado State Land Board to join the presentation virtually. AVON REGULAR MEETING MINUTES TUESDAY AUGUST 25, 2026 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 5 Mr. Hoyt provided background on the State Land Board's authority to complete the transaction subject to certain conditions and discussed the approximately 150-year history of the parcel. The presenters reviewed the proposed transaction, anticipated community benefits, and the property's role in advancing the Town's long-term housing and environmental objectives. Staff noted a proposed closing date of February 26, 2027, or earlier if feasible. During Council questions, Mayor Underwood asked whether the State Land Board's limitation of two direct land exchanges per year was unusual and when the restriction had been implemented. Steve Hoyt responded that the direct exchange provisions were most recently updated in 2016 and stated that, while the State Land Board is approached regularly regarding potential acquisitions of state trust lands by governmental entities, actual transactions have not approached the annual limit in recent memory. Council Member Rich Carroll remarked that the effort had been a lengthy process and expressed appreciation for the parties' patience throughout it. Mayor Underwood also inquired about the required 60-day public notice period, when it would expire, and whether the transaction was at risk. Mr. Hoyt responded that the transaction was not at risk because the public notice process does not provide veto authority but instead allows the public an opportunity to provide feedback to the commissioners, who retain final approval authority. He stated that no public comments opposing the proposed exchange had been received and that he did not anticipate any issues. Mr. Hoyt explained that notice was posted following the August meeting and that the 60-day notice period would expire prior to the October 15 meeting. Mayor Underwood requested that the exact expiration date be provided to Town staff. Mayor Underwood opened the floor to public comment. No public comment was received, either in person or virtually. During Council discussion, Mayor Underwood expressed support for the proposed transaction. She noted that a separate agreement addressing the property's mineral rights was attached to the transaction documents. Town Manager Eric Heil explained that the agreement was required by statute and that the proposed approach included a 99-year restriction on mineral extraction activities to ensure that future housing development would not be adversely affected. Mayor Underwood also inquired about the anticipated timing of Proposition 123 grant approval and was advised that approval was expected by the end of the month. After discussion, Councilor Brooks moved to approve Resolution 26-11. Councilor Hyatt seconded the motion. The motion passed unanimously, 6-0. 6.3. PUBLIC HEARING: ORDINANCE 26-07, First Reading: Adoption of 2026 Avon Community Housing Plan (Planning Manager Jena Skinner) Video Start Time: 01:23:25 Planning Manager Jena Skinner presented the proposed 2026 Avon Community Housing Plan, which updates and replaces the Town's 2021 plan. AVON REGULAR MEETING MINUTES TUESDAY AUGUST 25, 2026 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 6 She explained that the Housing Action Plan update incorporates findings from the Eagle County Regional Housing Needs Analysis, elements of the Colorado Department of Local Affairs Housing Action Plan, new community housing policies and projects, and additional guidance related to inclusionary housing, employee mitigation, sustainability, and housing equity. She also summarized the Planning and Zoning Commission's review and recommendation for approval and discussed the plan's role in guiding future community housing programs, regulations, and investments. Town Manager Eric Heil noted that the plan provides a detailed roadmap for future housing initiatives and emphasized the value of periodically evaluating housing priorities with a fresh perspective. He explained that affordability targets and priorities can evolve over time and often require partnerships to achieve lower area median income (AMI) affordability levels. Mr. Heil further stated that the plan identifies existing, acquired, rezoned, and potential future properties, along with implementation steps for each opportunity. He commented that the plan will strengthen the Town's ability to plan for housing needs, pursue grants and other funding opportunities, and manage an increasing number of housing projects. Mr. Heil noted that the project pipeline included in the plan is a new feature compared to previous housing planning documents and reflects the significant work completed by Town staff in recent years. During Council questions and discussion, Mayor Pro Tem Carroll referenced Goal 1 on page 109 of the packet and asked whether the goal should apply broadly to all housing segments or be more specifically focused on community housing and defined affordability levels. He also suggested enlarging the chart at the top of page 110 and asked whether the document defined the term "missing middle." Ms. Skinner responded that a definition was intended to be included in a footnote and would be added. Mayor Pro Tem Carroll further asked how housing prices shown in the document should be evaluated relative to area median income (AMI). Ms. Skinner stated that, while AMI is not always the most effective measure, it remains the most widely used framework for analyzing housing affordability. Mayor Pro Tem Carroll suggested additional editing to reduce repetitive language in portions of the plan and asked whether staff should consider including a list of incentives and regulatory waivers available to support housing development. Mayor Underwood inquired about the chapter addressing protections for the Aspens neighborhood and requested clarification regarding the intent and application of the regulatory protections described in that section. Council Member Brooks asked whether the new revenue policy concepts identified for future consideration were being proposed for adoption as part of the plan. Town Manager Eric Heil responded that those concepts would require additional analysis and discussion and that implementation, if pursued, would likely occur over a longer timeframe extending beyond the next year. Mayor Underwood opened the public hearing to receive public comment. AVON REGULAR MEETING MINUTES TUESDAY AUGUST 25, 2026 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 7 Tim McMahon, an Avon resident, addressed Council in person and thanked Council and Town staff for their work on the Housing Action Plan and for addressing community housing issues. Ian Grask, a Vail resident, addressed Council virtually and expressed support for the Planning and Zoning Commission's recommendation to reduce the short-term rental mitigation rate from 15% to 10% while increasing the short-term rental tax rate from 2% to 4%, noting that the rate could be increased further in the future. Mr. Grask also commented that area median income (AMI) is an imperfect metric for measuring housing affordability but acknowledged that it remains the most commonly used standard. He thanked Council, the Planning and Zoning Commission, and Town staff for their work on the plan. No further public comment was received, and Mayor Underwood closed the public hearing. During Council discussion, Mayor Underwood and Mayor Pro Tem Carroll commended staff and the Planning and Zoning Commission for their work on the Housing Action Plan. Mayor Underwood requested additional clarification regarding the neighborhood protection policies applicable to the Aspens neighborhood, including revisions to improve the clarity of the regulatory protections section. She also noted a missing footnote on page 129 and commented that footnotes can provide useful explanatory information. Mayor Underwood expressed appreciation for the Planning and Zoning Commission's efforts, particularly on complex topics such as short-term rentals, and encouraged staff to further explain why area median income (AMI) remains the primary affordability metric used by the Town. Council Member Brooks stated that the plan was a strong document and specifically praised the data presentation and graphics. He noted that the employee housing mitigation and inclusionary zoning concepts would require careful consideration to avoid overburdening development projects. While expressing general support for inclusionary housing policies, he suggested that the proposed maximum inclusionary housing requirement of up to 50 percent may be too high and encouraged staff to further evaluate cash-in-lieu options for developers. Council Member Brooks also asked when the East Town Center Plan would be available, and Ms. Skinner advised that work on the plan is ongoing. Town Manager Eric Heil clarified that many of the policies identified in the plan are conceptual and intended for future evaluation. He noted that the discussion of inclusionary zoning refers to requirements of up to 50 percent and would require additional analysis before implementation. Council Member Brooks emphasized the importance of preserving the Aspens neighborhood, a sentiment echoed by Mayor Pro Tem Carroll. Mayor Pro Tem Carroll also encouraged staff to further explore the potential revenue policies identified in the plan. In discussing the section addressing factors contributing to the housing crisis, he expressed concern that one of the listed factors could be interpreted as diminishing the contributions of second-home owners and part-time residents and suggested revising or removing that language. AVON REGULAR MEETING MINUTES TUESDAY AUGUST 25, 2026 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 8 Council Member Ruth Stanley commended staff on the quality of the plan and agreed with comments supporting the preservation of the Aspens neighborhood. She also asked about the Planning and Zoning Commission's recommendation to reduce the short-term rental mitigation rate from 15 percent to 10 percent and expressed interest in further exploring increases to the short-term rental tax rate as a means of encouraging housing-related outcomes. After discussion, Council Member Thuon moved to approve Ordinance No. 26-07 on first reading and set the ordinance for second reading and public hearing on September 8, 2026. Council Member Brooks seconded the motion. The motion passed by a vote of 5-0, with Council Member Hyatt abstaining due to being temporarily absent at the time of the vote. 6.4. PUBLIC HEARING: ORDINANCE 26-01, Second Reading: Repealing Section 3.40.100, 'Impact Fee Schedule,' of the Avon Municipal Code" (Chief Finance Officer Paul Redmond) Video Start Time: 02:14:45 Chief Finance Officer Paul Redmond presented Ordinance No. 26-01 on second reading. He explained that the ordinance would repeal the outdated Impact Fee Schedule contained in the Avon Municipal Code while maintaining the Eagle River Fire Protection District's authority and the Town's current impact fee collection process. Mr. Redmond noted that the proposed repeal is intended to remove obsolete code language and improve consistency with current practices. Council had no questions for staff. Mayor Underwood opened the public hearing to receive public comment. No public comment was received, and Mayor Underwood closed the public hearing. Following brief discussion, Council Member Thuon moved to approve Ordinance No. 26-01 on second reading. Council Member Stanley seconded the motion. The motion passed unanimously by a vote of 6-0. 6.5. PUBLIC HEARING: ORDINANCE 26-11, Second Reading Amendment to Title 15 Buildings and Construction, Chapters 15.12 National Electrical Code and 15.30 Outdoor Lighting Standards (Planner II Claire Perez and Community Development Director Matt Pielsticker) Video Start Time: 02:17:35 Community Development Director Matt Pielsticker presented Ordinance No. 26-11, proposing amendments to Title 15 of the Avon Municipal Code. He was joined by Planner II Claire Perez and Building Official Derek Place. Staff explained that the proposed amendments include updates to outdoor lighting regulations intended to improve clarity, reduce light pollution, and reflect current technology and development practices; revisions providing for the automatic adoption of the most current National Electrical Code adopted by the Colorado State Electrical Board; and adoption of provisions allowing certain single-stair multifamily building designs, subject to applicable building code standards. Staff also reviewed revisions made since first reading related to twinkling lights and uplighting and recommended approval of the ordinance. During Council questions, Mayor Pro Tem Carroll asked about the rationale for permitting uplighting under the proposed regulations. AVON REGULAR MEETING MINUTES TUESDAY AUGUST 25, 2026 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 9 Staff explained that uplighting may be appropriate for certain features, including public art installations and flag displays, although compliance can be more challenging for flagpoles displaying the United States flag. Town Manager Eric Heil provided additional context regarding the potential impacts of prohibiting uplighting entirely. Mayor Pro Tem Carroll also inquired about the potential costs associated with automatically adopting the most current edition of the National Electrical Code. Staff explained that State electrical inspectors already utilize the most recent code adopted by the Colorado State Electrical Board and currently enforce the 2023 National Electrical Code. Mayor Underwood asked how existing installations would be treated under the updated electrical code provisions, and staff explained how grandfathering provisions would apply to existing conditions. Mayor Underwood opened the public hearing to receive public comment. No public comment was received, and Mayor Underwood closed the public hearing. During Council discussion, Mayor Pro Tem Carroll expressed concern that the proposed allowances for uplighting were inconsistent with the Town's dark-sky objectives and stated his preference for prohibiting uplighting except as necessary for flagpole illumination. Town Manager Eric Heil suggested that uplighting could be prohibited entirely, noting that existing flagpole lighting installations would be grandfathered. Mayor Underwood directed staff to evaluate potential modifications to lighting at Town-owned United States flagpoles. After discussion, Mayor Pro Tem Carroll moved to approve Ordinance No. 26-11 on second reading, as amended to disallow uplighting. Council Member Thuon seconded the motion. The motion passed unanimously by a vote of 6-0. 7. WRITTEN REPORTS 7.1. August 10 Planning & Zoning Commission Meeting Minutes (Development Coordinator Emily Block) 7.2. Monthly Financial report (Senior Accountant Dean Stockdale) 7.3. Federal Name Change from Benchmark Lake Reservoir to Nottingham Lake (Town Clerk Miguel Jauregui Casanueva) 8. MAYOR AND COUNCIL COMMENTS & MEETING UPDATES Video Start Time: 02:33:45 During Council discussion, Council Member Thuon acknowledged the public comments regarding the Flock camera program and stated that Council is aware of the concerns that have been raised and is actively working toward a resolution. He commented that the issue is one he encounters regularly and emphasized that Council continues to evaluate the matter. Council Member Stanley stated that Council could not make a decision on the matter in a single meeting and noted that public input is one of several factors Council must consider in its deliberations. AVON REGULAR MEETING MINUTES TUESDAY AUGUST 25, 2026 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 10 Mayor Underwood responded to comments suggesting that Council was not fulfilling its obligations, stating that Council members take their responsibilities seriously and are working diligently to evaluate the issue. She noted that Council has received feedback both from individuals who oppose the Flock camera program and from those who support it and stated that Council must consider all perspectives when evaluating the matter. Council Member Stanley reminded the public that the SunsetLIVE! concert series would continue for two more weeks at The Terrace overlooking Nottingham Lake from 6:00 p.m. to 8:00 p.m. She announced the upcoming performances, including Frisco Funk Collective, and invited the public to attend the Community Picnic on September 17, 2026. Council Member Stanley also requested prayers and well wishes for Council Member Lindsay Hardy, who recently welcomed a daughter and has experienced health challenges following the delivery. Mayor Underwood congratulated Vern Velazquez and High Country Fleets on another successful Cars in the Park event held the previous Saturday. 9. ADJOURN There being no further business before Council, Mayor Underwood adjourned the Regular Meeting at 7:40 p.m. These minutes are a summary of the proceedings of the meeting and are not intended to be comprehensive or to include each statement, identify each speaker, or reflect the proceedings with complete accuracy. The most accurate record of the meeting is the audio recording maintained in the Town Clerk’s Office and the video recording available for a limited time at High Five Media at www.highfivemedia.org. RESPECTFULLY SUBMITTED: ________________________________ Miguel Jauregui Casanueva, Town Clerk APPROVED: Mayor Underwood ___________________________________ 970-748-4065 ddempsey@avon.org TO: Honorable Mayor Underwood and Council members FROM: Danita Dempsey, Chief Cultural Officer RE: Freefall Bluegrass Festival Update DATE: August 31, 2026 SUMMARY: This report provides an update to the Council on the “FreeFall Bluegrass Festival”, a three-day ticketed music festival, to be held in Harry A. Nottingham Park and Avon Pavilion on October 9, 10, and 11, 2026. Gates will be open between 2:00 and 9:00 p.m. on Friday, and 11:00 a.m. to 9:00 p.m. on Saturday and Sunday. Diane Moudy, the festival producer, will be presenting the Council a Pre-Event Summary of the artist line-up and festival schedule along with an update on ticket sales, marketing tactics and performance, and revenue streams such as food and retail vendors and sponsorship. The Avon FreeFall Bluegrass Festival Pre-Event Summary is provided as ATTACHMENT A. BACKGROUND: During the February 24, 2026, meeting Council approved $83,000 in partnership support for the FreeFall Bluegrass Festival, based on the projected ticket sales and offsetting revenues that would be realized from a negotiated $5 per ticket Town of Avon fee and alcohol sales. The partnership included Avon providing the following services and operational management: 1. Chain link fencing - $35,000 2. Portable restrooms, handwashing stations, and daily servicing - $18,000 3. Cost of goods + labor for bar operations - $30,000 Staff proposed Avon would recover the cost of its direct and in-kind investment through revenue generated from event bars and a $5 per ticket per day Avon fee with the sale of 4,350 tickets. A link to the full Staff Report for the February 24, 2026, meeting is provided here. UPDATES: 1. Attendance & Ticket Pricing. Attendance was previously projected between 5,350 and 6,350 per day. “Early-bird pricing” 3-day general admission (“GA”) tickets were going to be priced at $65, followed by $95 for a 3-day GA ticket. Below are the actual ticket types and pricing structures: a. First Tier: On Sale April 15th • Early Bird 3-day GA = $90 • Early Bird VIP = $299 b. Second Tier: On Sale July 6th • 3-Day GA = $110 • VIP = $350 c. Third Tier: On Sale August 8th • Single Day GA = $50 • 2-Day GA = $100 • Single Day VIP = $150 • 2-Day VIP = $275 2. Operational Readiness Page 2 of 3 a. Planning Documents: The producer has submitted draft plans for parking and transportation, sanitation and resource recovery, venue layout and design, and emergency response. Staff are reviewing the drafts and will meet with the producer to resolve outstanding items before final plans are submitted. b. Permits and Vendor Services: Permit applications have been submitted to the Eagle River Fire Protection District and Eagle County Environmental Health Department. And the producer has contracted with Walking Mountains for resource recovery services and staffing. c. Festival Team and Coordination: In addition to Diane Moudy, key festival personnel include Brandon Friese, Director of Operations, and Cheyenne Richards, Director of Marketing. Since mid-June, Town staff, the producer, and her team have held weekly status calls to review timelines, marketing tactics, ticket sales, and other operational matters. d. Town Preparations: The Town has contracted with Vail Honeywagon for the portable restroom, handwashing, and servicing equipment described above. American Fencing has provided a full-service quote for fencing, installation, and removal; the final scope is pending completion of the venue layout and design. The Avon Liquor Authority has approved a Special Event Liquor Permit authorizing the Town to operate alcohol concessions 3. Marketing. Diane Moudy’s presentation will include the comprehensive marketing strategy and performance metrics to date. The Town has supported marketing efforts with the following free or low-cost exposure: a. Promotional handbills in reusable bags at AvonLIVE! and Salute to the USA b. Website landing pages on Avon.org and Discoveravon.org c. Reshared content on social media d. Visual content to the Salute to the USA stage video screens e. Delivered posters to CORE Transit bus stops f. QR code to buy tickets at AvonLIVE! as well as “enter to win” QR codes g. Event signage on three portable kiosks (stage, Avon Station, and mall) h. Ads placed on Avon buses i. Sent out four press releases j. Light Pole Banners on Avon Road k. Included video (:05) in the August Comcast streaming TV events commercial spots l. Avon Road digital sign FINANCIAL CONSIDERATIONS: Avon will not receive sufficient revenues to off-set the $83,000 financial commitment by Avon if the total ticket sales are under 4,350 per day. It is too early to project the expected ticket sales. Staff will provide a comprehensive post-event report in late November. TOWN MANAGER COMMENTS: Staff and I believe that Diane has secured an appropriate line-up of well recognized bluegrass artists for this festival. Staff is working closely with Diane in partnership to produce a high-quality event. We will continue to monitor ticket sales and supplement marketing as may be beneficial and appropriate. This should be a beneficial event for the Avon community and Avon businesses and should boost visitors and lodging occupancy. Staff’s post-event report will include an analysis of economic benefit for Avon in addition to Avon’s direct revenues and expenses related to this event. Page 3 of 3 Thank you, Danita ATTACHMENT A – Avon FreeFall Bluegrass Festival Pre-Event Summary 2026 PRE-EVENT SUMMARY ATTACHMENT A THREE DAY EVENT PRE & AFTER PARTIES LOCAL FOOD & DRINK Come on down for three full days of music and activities at our new location in Avon, CO Friday through Sunday. Gates open at 2:00pm on Friday and 11:00am on Saturday and Sunday. Music goes until 9:00pm each night. Road to the Grass pre-parties for locals at partnering venues for giveaways and to sell tickets. Post Grass late night after parties to be held at partnering hotels and restaurants throughout the town all within walking distance from the festival grounds. Avon is home to over 50 restaurants and bars. On top of that FreeFall Bluegrass will have food trucks vendors and craft beverages to enjoy by all. 2026 EVENT HIGHLIGHTS Railroad Earth | Molly Tuttle Bluegrass Generals Ross James’ Dead Grass phoffman of Greensky Bluegrass Nicki Bluhm | Hot Buttered Rum Nershi Hann Trio | Drew Emmitt Band High Country Hustle | Jon Stickley Trio Henhouse Prowlers | RapidGrass Skin the Rabbit | Blue Ox Boys Artist in Residence: DJ Logic 2026 LINEUP 3,000/day Expected Event Attendees 16 Bands on Multiple Stages 2026 EVENTS AT A GLANCE October 9-11 Festival Dates 921 GA Tickets Sold 166 VIP Tickets Sold 3-DAY GA -EARLY BIRD 343 2026 TICKET SALES TO DATE 3-DAY VIP -EARLY BIRD 60 3-DAY GA 311 3-DAY VIP 39 FRI GA 44 SAT GA 43 SUN GA 33 FRI VIP 6 SAT VIP 0 SUN VIP 0 FRI/SAT GA 20 SAT/SUN GA 8 FRI/SAT VIP 10 SAT/SUN VIP 6 KIDS 12 AND UNDER 67 GA COMPS 52 VIP COMPS 45 FIRST TIER SECOND TIER THIRD TIER LOCATION: Colorado, Texas, Utah, Wyoming AGE RANGE: 35+ INTERESTS: Bluegrass, live music, outdoor recreation, family oriented, travel GENDER: 50% Male 50% Female EDUCATION: Bachelor’s Degree or higher 2026 TARGET AUDIENCE MEDIAN AGE: 43.7 Male 50.9 Female INCOME: $100,000+ HOME OWNERSHIP: 71.8% GENDER: 53% Male 47% Female 2026 LOCAL DEMOGRAPHICS SPONSORS LODGING There is an uptick in Beaver Creek Lodge, SpringHill Suites and Christie Lodge. Majority of the bookings will be within the final 3 weeks before the festival as per lodging managers input. SPONSORSHIP Reached 90% of total festival sponsorship goals. LODGING & SPONSORSHIP FACEBOOK -YEAR TO DATE Followers - 2,790 Event Responses - 1,300 Views - 232,900 Viewers - 83,700 Content Interactions - 1,600 Link Clicks - 4,900 Visits - 8,400 INSTAGRAM -YEAR TO DATE Followers - 2,817 Views - 96,800 Reach - 24,000 Content Interactions - 2,600 Link Clicks - 718 Visits - 2,300 EMAIL CAMPAIGNS 2,664 Subscribers 6 Campaigns Sent Delivery Rate - 99.3% Open Rate - 39.1% Click Rate - 4.5% SOCIAL & EMAIL METRICS THE ROOSTER MAGAZINE Editorial ad in the September Issue. Editorial ad included online. Digital Banner Ad. Things to Do write up September 15. Social media content shares. 60,000 copies in circulation with 98% pick up rate. 200,000 monthly online visitors. 350,000 monthly page views. ADDITIONAL ADVERTISING PUBLICATIONS WESTWORD MAGAZINE VAIL DAILY 1/4 Page Arts Guide inclusion. Full page in our 50th anniversary issue Full page in Westword on September 24th. An exclusive email about the festival sent to their "Things to Do" subscriber list, which has over 50,000 readers. Two stories from our IG account, which has over 170,000 followers. Eight 1/6th page ads until the festival. Seven Event Calendar Header ads starting September 4th until the festival. Geo-targeted digital ads with 140,127 impressions. LIVE FOR LIVE MUSIC August 31st: L4LM Web Banners (geo- target Denver, CO +500mi) -run for one month September 7th: L4LM FB Post + X Post September 14th: L4LM IG Story September 21st: Daily Dose Banner Ad 221,000 Facebook followers and 200,000 Instagram followers ADDITIONAL ADVERTISING DIGITAL JAMBASE RELIX Geo-targeted email on September 17 to 25,000 recipients. Geo-targeted web ad banners on their site for 25,000 recipients starting August 31st through the festival. Dedicated newsletter to 5,500 subscribers. Geo-targeted web ad banners on their site with 33,333 impressions. Potential dedicated social media posts including ad boost. KZYR & THE MILE September and October ads slots. Rocktober feature to highlight event locally. Potential for on-air time to discuss festival before event. ADDITIONAL ADVERTISING RADIO & MORE BLACKSPY MARKETING Grassroots marketing company focused on flyer distribution and poster hanging throughout the front range, Summit County, Pitkin County, and Garfield County. Distributing 500 posters and 3,000 handbills at events throughout the state until the event. Social media sharing until event. CASH OR TRADE Partnership with Cash or Trade to be our official ticket reseller. Ran giveaway from July 24th to August 24th for two 3-Day VIP passes and merch package with 289 entries. Included boosted posts on socials as well collab content on socials. “ ” Owner and Event Producer Diane Moudy Resort Entertainment Group has been booking and producing concerts, festivals and community events since 1999.We are thrilled to move FreeFall to the breathtaking Nottingham Park in Avon this fall.The space hosts a built- in stage with views of Nottingham Lake and the fall foliage of Beaver Creek Mountain all within walking distance of world-class hotels and restaurants.The move to a more central location in the Valley was the right decision not just logistically but venue-wise we will be able to grow for years to come and really take FreeFall to the next level. Resort Entertainment Group.Putting smiles on peoples faces since 1999 THANK YOU! TIME FOR QUESTIONS erwsd.org ©2026 erwsd Eagle River Water & Sanitation District Update Sep. 8, 2026 | Avon Town Council erwsd.orgCustomer Response to Drought Conditions Overall Reduction •May 28% (~82 AF) •June 22% (~133 AF) •July 37% (~324 AF) Outdoor Irrigation Reduction •May –July 48% Positive overall response with meaningful reduction, tracks closely with production erwsd.orgTiered Use Reductions T1 T2 T3 T4 T5 May 21%45%45%66%68% June 7%23%33%54%79% July 11%38%48%68%85% May – July 2026 use reductions compared to 3-year average (2023-2025) erwsd.orgNotable Categories 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00% 40.00% 45.00% 50.00% Percentage Water Reduction % Reduction vs. 3-Year Average Residential IRR Commercial Multi-Family © 2026 erwsd.org erwsd.orgWildfire Suppression Systems Source: Fire Safe Marin Source: Frontline Wildfire Defense erwsd.orgWildfire Suppression Systems •How active systems work •Generally, the systems use water with or without additive •Creates a moisture barrier •Developing technology and market •Increasing wildland fire threat, especially within the wildland-urban interface •Increasing product interest in active systems •No state or federal regulations; no standards for amount of water used erwsd.orgPublic Water Supply Risks •Simultaneous suppression system demands when tank volumes are vulnerable •Cross-connection and contamination Fire suppression systems Shared water supply line Wildfire suppression systems erwsd.orgERWSD Policy •“Private wildfire defense systems are subject to the following rules...” •Must not be directly or indirectly connected to the ERWSD water distribution system for continuous supply •May be installed using independent storage •Storage may be filled once per year; no auto refill •All systems subject to ERWSD approval •Does not extend to municipal codes, permits, approvals, etc. erwsd.orgTechnology Is Moving Faster Than Policy Current Responses from Other Municipalities •Moratorium to study emerging technologies (Breckenridge) •Ordinance/Utilities Policy (Aspen) •Many municipalities/utilities reviewing internally Alternative Options •Codify water utility approval before permit/installation •Development Review Procedures •International Fire Code amendment •International Plumbing Code amendment •Community education © 2026 erwsd.org Questions? 970-748-4023 jskinner@avon.org TO: Honorable Mayor Underwood and Town Council Members FROM: Jena Skinner, AICP, Planning Manager RE: 710 Nottingham Employee Housing Mitigation Plan HMP26-001 DATE: August 27, 2026 STAFF REPORT OVERVIEW: This report presents an Employee Housing Mitigation Plan application (“EHM”) to the Town Council (“Council”) for the evaluation of a unique Employee Housing Mitigation Plan proposed before the submittal of a Major Development Plan (“MJR”) for the review of a commercial storage business located at 710 Nottingham Road. The Avon Planning and Zoning Commission (“PZC”) has not seen this EHM Plan but will evaluate the MJR should the applicants proceed with the future application. The project proposes a 63,394 sq. ft. Mini Self-storage facility at 710 Nottingham, which is permitted under the current Light Industrial Commercial (“IC”) zoning. Because the Employee Housing Mitigation provision does not differentiate among commercial, industrial, or specialized uses, the applicants are submitting a unique EHM plan for Council consideration and approval before proceeding with the required Development Plan application to evaluate the design of the permitted use. BACKGROUND: There have been other applications and inquiries for commercial uses on the subject property have been evaluated in the past (a car wash was the last use considered); however, the parcel remains vacant without any entitlements. Located on the fringe of the IC zone district, it sits between the Avon Pet Center and Grandview Townhomes. The Avon Pet Center also has rental apartments above the pet center uses. Grandview is a residential PUD, separated from this site by open space. . Property Address: 0710 Nottingham Road. Property Zoning: Light Industrial Commercial (“IC”) Property Size: 0.5367 ac PROPERTY DESCRIPTION: The subject property (Legal Description: Benchmark at Beaver Creek Block: Employee Housing Mitigation Plan – 710 Nottingham Road (Mini-Storage) August 27, 2026 Page 2 of 5 1 Lot: 30) is one of the few vacant lots remaining on Nottingham Road. The property is zoned Light Industrial Commercial, which allows buildings up to 48’ high. See table below. The property slopes upward to the north. The property is primarily native soils and does not have utilities currently. The property is 0.537 ac or 23,391.7 sq. ft and is conforming to the required dimensional zoning requirements. PROCESS: Employee Housing Mitigation Plans typically accompany Development Plan applications, much like what was reviewed recently with The Summit. However, this process does permit an EHM to be submitted prior to an application. Due to the project's location, the Town Council will not be reviewing the Development Plan application, but this project will be evaluated by the Planning and Zoning Commission. The following is an excerpt from Section 7.20.100 Employee Housing Mitigation. Section 7.20.100.(g): Timing of review/amendments. The Employee Housing Mitigation plan shall be submitted to and approved by the Town Council prior to, or concurrent with, application to the Town for the free market portion of the initial development plan. Review and approval of plans by the Town Council for construction of Employee Housing Mitigation shall be prior to, or concurrent with, the free market portion of the development plan. Any amendment to an approved Employee Housing Mitigation plan shall require subsequent Town Council approval. The applicants have provided exhibits for consideration as part of their application (Attachment A). Section 7.20.100.(h): Certification of Action. The Town Council shall certify the approval, approval with conditions, or denial of the Employee Housing Mitigation plan, or of an amendment thereto. Such approval, approval with conditions, or denial shall be based on compliance with the provisions of this Chapter. Use Type Min. Lot size (acres or sq. ft.) Min. Lot width (feet) Max. Lot Coverage (%) Min. Landscape Area (%) Min. Front Setback (feet) Min. Side Setback (feet) Min. Rear Setback (feet) Max. Building Height (feet) Max. Density Residential Mixed Use or IC 21,780 sq. ft. 100 50 20 25 7.5 10 48 See footnote [1] Community Housing 21,780 sq. ft. 100 50 20 25 7.5 10 48 10 du/acre [2] [1] dwelling units which are accessory to the commercial use are permitted as a special review use pursuant to section 7.16.100. The maximum density residential in a mixed use project shall be no more than four (4) du per acre; provided, however, on lots less than one (1) acre in size, the maximum residential shall be four (4) du per lot. [2] additional water rights dedication. The dedication of additional water rights may be required as a condition to approval of development which exceeds the meter size assigned to the property. The Town may accept cash-in-lieu of dedication in accordance with a water rights dedication impact fee schedule adopted by ordinance if the Town has adequate availability of surplus water rights as determined by the Town Council in its sole discretion. Employee Housing Mitigation Plan – 710 Nottingham Road (Mini-Storage) August 27, 2026 Page 3 of 5 PLANNING ANALYSIS Employee Housing Mitigation plans require analysis to establish compliance with all applicable development and design standards set forth in the Code, including but not limited to the provisions in Chapter 7.20, Zone Districts and Official Zoning Map. The purpose of this Section is to create housing for workers generated by new development in Avon, which is affordable for the local workforce. This is accomplished through the creation of Employee Housing Mitigation units, related to offsetting workforce impacts derived from new multi-family residential (3 or more units), commercial, accommodation units, industrial, and other non-residential development within the Town. This Section applies to all entities, including private and non-profit entities. 7.20.100 Employee Housing Mitigation: The Application is subject to Employee Housing Mitigation standards. Per the calculation, 710 Nottingham is required to mitigate 20.5 employees, based on the gross leasable square footage of 43,975 sq. ft. The applicants are proposing two (2) units, with the justification that the gross leasable area effectively does not generate what a generalized commercial space of that size would need as this leasable space is not “active” but is for personal storage. As such, mini storage uses like these typically only need one or two employees to run and maintain operations. The preference of the Town is to create Deed Restrictive housing units. Agreements would be established concurrently with future development entitlements. It is important to note that this operation would be subject to yearly compliance of the proposed employee housing units. EHM Formula pursuant to Table 7.20-20 Factor Calculation - AMC Calculation Actual Commercial Size of development Leasable square feet 43,975 sq. ft 43,975 Workers Required 2.8 per 1,000 sq. ft. Rate x sq. ft./1,000 2.8 x 43975/1000= 123 Jobs per Employee 1.2 Workers Generated /1 .2 123/1.2= 103 Required mitigation 20% mitigation Jobs generated x 20% 103 x 20%= 20.5 Table 7.20-21 Minimum Size of Housing Units Type Minimum Size of Unit (Square Footage) Number of Employees Housed Unit Calculations Studio 500 1.25 20.5 / 1.25 = 16.4 1 bedroom 750 1.75 20.5 / 1.75 = 11.7 2 bedrooms 900 2.25 20.5 / 2.25 = 9.1 3 or more bedrooms 1,225 3.5 20.5 / 3.5 = 5.6 Employee Housing Mitigation Plan – 710 Nottingham Road (Mini-Storage) August 27, 2026 Page 4 of 5 As stated above, the applicants have provided justification of the need for only two (2) employees to maintain the use of mini-storage. The units will be studios, and their calculation and plan is as follows: Applicant EHM Calculation and Plan as proposed: •Employees Created: 2.0 •Proposed Mitigation: 100% •Studio Units offset 1.25 employees per unit (Table 7.20-21) •Studios to be provided: 2.0 •Employee Housing Units Provided: 2.5 (Exceeding the 2.0 Employees created) EHM Unit Description: On-Site EHM Units (7.20.100(g)(2)): (Page 3 of Attachment A) The Project proposes providing 100% offset mitigation of the employees onsite through the creation of two (2) onsite studio residential units. The studios would each be 500 square feet (Per Table 7.20.21) and be located on the ground floor. We understand that affordable employee housing is a high priority for the town, and we want to construct the housing onsite. We understand that providing mitigation housing built on-site is the main priority for the Town of Avon. The units will be rental units that are restricted affordable as follows: 1) The housing units would first be offered to employees of the facility, 2) then offered to the Town of Avon residents and 3) then to Eagle County residents. Rental rates would be capped and restricted to 100% of AMI. OPTIONS: Council has the following options: •Approve the application with the condition as proposed by Staff •Approve the application with modified condition(s) •Continue the public hearing to a specific date •Recommend denial, of the Employee Housing Mitigation Plan, with findings STAFF RECOMMENDATION: Staff recommends that Council review the Applicant’s justification for a unique Employee Housing Mitigation Plan. While Avon Municipal Code Section 7.20.100 does not specifically address alternative plans, it does not prevent Council from approving a plan that differs from this section. Staff also recommends that Council initiate a Code Text Amendment to clarify these provisions and better accommodate unique uses. PROPOSED CONDITION: 1.The Employee Housing Mitigation program will require a Deed Restriction Agreement to memorialize this unique plan, ensuring compliance with AMC §7.20.100. This agreement is to be executed in conjunction with the approval of a Development Plan for the intended use of Mini- Storage, as presented. RECOMMENDED MOTIONS: (Option 1): “I move to continue this application to with direction for the applicant to [example] amend the application reflecting on building design and in addressing/satisfying some of the proposed conditions concerning access, parking, and other design requirements.” Or Employee Housing Mitigation Plan – 710 Nottingham Road (Mini-Storage) August 27, 2026 Page 5 of 5 (Option 2): “I move to approve the proposed Employee Housing Mitigation Plan for a Mini-Storage use at 710 Nottingham Road as presented. Thank you, Jena ATTACHMENT: A – Developer Employee Mitigation Plan Materials 710 Nottingham Rd. Avon CO | EHM Plan | Page 1 of 7 Date: August 24th, 2026 To: Avon Town Council & Avon Planning Department From: Goose Mountain Real Estate, LLC; Robert Dinkelspiel & James Reivitis Re: 710 Nottingham Road, Avon, CO - Employee Mitigation Plan - Council Meeting Date: September 8th, 2026 Dear Town Council & Avon Planning Department, Goose Mountain Real Estate, LLC respectfully submits the following Employee Housing Mitigation Plan for your review and approval. We are excited to share more details about this project which we want to initially highlight here: •Employee Housing Mitigation plan that demonstrates that employee housing built on site is achievable, feasible, and good business practice. We are pleased to provide 100% Employee Housing Mitigation on-site for this development. •Highlight the positive impact this project will have on the Town of Avon and its residents, including the low impact of this development: minimal water and utility use, minimal impact to traffic, high-quality construction, and ADA accessibility •Creating a high-quality business and service to the Avon community. This EHM plan submission has been prepared for your review after multiple meetings and guidance from the Avon Planning Department and the Town Attorney. We appreciate their collaboration and guidance on recommending this path to an EHM plan approval. Thank you for your time and consideration in this matter. Robert & James ATTACHMENT A - APPLICANT SUBMITTAL 710 Nottingham Rd. Avon CO | EHM Plan | Page 2 of 7 Who is the Applicant: Goose Mountain Real Estate is a two-person team. Robert Dinkelspiel and James Reivitis are the applicants. Combined we have more than forty years of experience across a range of projects around the country. We love the outdoors and have spent years in the Vail Valley as skiers, hikers, and bikers. We have deep respect for this community and all it has to offer. We take a community-first approach, and we work collaboratively and openly. We care about design, functionality, and long-term success for all stakeholders. We intend to be good stewards and good partners in this community. Project & Narrative for Employee Mitigation Plan: The project is located at 710 Nottingham Road and is currently an undeveloped greenfield site in the Industrial Zone. The proposed project is a high-quality climate-controlled interior corridor self-storage facility which is a permitted use in the Avon IC Zone and is listed under Industrial Service - Warehouse and Freight Movement. It is located in the Gulch Area District (District 6) of the 2024 Comprehensive Plan and the intended use is consistent with the comprehensive plan. The project is seeking no zoning variance. The Project is designed within the height and setback requirements of the code. The Employee Housing Mitigation Plan presented here is to offset 100% of the employees created by the new development. Positive Attributes of the Project: • Low Water Use: The facility's only water demand are two restrooms and the two residential studios. A one-time fill for the fire sprinkler system aside, ongoing consumption is minimal. • Low Traffic Impacts: Self-storage generates intermittent trips rather than daily commuter or customer volume. Visits are occasional and spread across the day. • On-site Management: The two employee studios mean someone lives on the property. That is continuous eyes on the site, faster response to snow, maintenance and security issues, and a level of oversight most facilities of this type do not have. • Quality Construction: Durable, weather-hardened construction. Fully enclosed and climate- controlled, built to current code for fire and building performance, with an elevator and accessible circulation throughout. This will be among the best-built storage facilities in the valley. • ADA Accessibility: The project will incorporate accessible units. In addition to elevator access the project will be available for residences with disabilities. • Community Serving: Serves Avon residents and small businesses. A large share of the units are small, 5x5 and 5x10, sized for apartment and condo residents with no storage of their own, local contractors needing tools and materials nearby, residents downsizing, and seasonal gear. The unit mix is built around everyday local demand. 710 Nottingham Rd. Avon CO | EHM Plan | Page 3 of 7 Description of the Business: The proposed project is a high-quality interior corridor climate controlled self-storage building. The project will support local businesses and residences as a much needed amenity. The project will be providing storage units of varying sizes and price points. The project would have at maximum two (2) employees on-site. The employees on-site will be a Store Manager and Assistant Manager. These employees are intended to be full-time roles. The duties of these employees would be shared and ultimately the store manager would have responsibility over setting specific tasks. The employees will be executing the following tasks at the direction of the store manager and include the following: - Rent self-storage units to customers - Conduct a daily self-storage unit inventory - Site inspections - Assist customers both in person and over the phone - Ensure the property maintains brand standards for appearance - Ensure all property management checklists and procedures are followed daily - Ensure all required business licenses and certifications are maintained - Property maintenance - including basic repairs - Vendor management - including capturing quotes and scheduling more involved repairs - Review of security cameras to ensure a safe and secure facility - Review operational statements - Submit expense reports - Communicate with the Regional Manager and home office on a regular basis Finally, these two employees perform their work responsibilities from an area of 600 gross square feet on the ground floor; a detailed diagram of the ground floor has been included with this EHM plan (Exhibit 1). Additionally, we have included a letter from our operating partner confirming the maximum employees onsite shall be two (Exhibit 2). Why we are proposing 100% housing mitigation on site: We understand the challenges facing businesses and residents in the Town of Avon with a lack of affordable housing. We want to be part of the solution. We believe providing these units on site is good business, good policy, and good for the community. Our operating partner has indicated that on-site housing is the single strongest tool for attracting and retaining great employee talent. An employee who lives on site is invested in the property, customers, and community. This is why we have proposed 100% employee mitigation with two residential units. 710 Nottingham Rd. Avon CO | EHM Plan | Page 4 of 7 EHM Unit Description: On-Site EHM Units (7.20.100(g)(2)): The Project proposes providing 100% offset mitigation of the employees onsite through the creation of two (2) onsite studio residential units. The studios would each be 500 square feet (Per Table 7.20-21) and be located on the ground floor. We understand that affordable employee housing is a high priority for the town, and we want to construct the housing onsite. We understand that providing mitigation housing built on-site is the main priority for the Town of Avon. The units will be rental units subject to restriction acceptable to and enforceable by the Town under Section 7.20.100(e)(1), limiting occupancy to persons with full-time employment in Eagle County. Within that requirement, units would be offered first to employees of the facility, and then to other qualified employees working in Avon and Eagle County. Rental rates would be capped and restricted to 100% of AMI.. Calculation of Mitigation Units: The Ordinance as written does not provide a method by which to calculate mitigation for Industrial use which is an allowed use on this site. We had multiple meetings with Planning Staff regarding this omission, seeking their guidance and input for the project. From those conversations, we propose that the project exceed the intent of the written ordinance by offsetting 100% of the employees created by the project. This meaningfully exceeds every other use mitigation requirement of only 20% of Employees Generated listed in section 7.20.100. Furthermore, the first paragraph in the ordinance states its purpose is to “create housing for workers generated by new development in Avon” and uses a table to estimate employee generation. We are fortunate with this project to be able to quantify the exact employees created and mitigate it 100% with on-site housing. The exact language is provided here: 7.20.100 - Employee housing mitigation. Purpose. The purpose of this Section is to create housing for workers generated by new development in Avon, which is affordable to Eagle Valley workers. This is accomplished through the creation of Employee Housing Mitigation units, deed restricting existing housing units, payment of fees based on the number of workers created by development, and/or exempting Community Housing projects. EHM Calculation as proposed: - Employees Created: 2.0 - Proposed Mitigation: 100% - Studio Units offset 1.25 employees per unit (Table 7.20-21) - Studios to be provided: 2.0 - Employee Housing Units Provided: 2.5 (Exceeding the 2.0 Employees created) 710 Nottingham Rd. Avon CO | EHM Plan | Page 5 of 7 Rationale for proposed Calculation and Code References: Currently the Avon Zoning Code omits Industrial Service and Mini Self Storage from the employee mitigation calculation table methodology. “Mini Self Storage” falls into a subcategory of Industrial Service in the 7.24.040 “Table of Allowed Uses” under “Warehouse and Freight Movement”. The employee calculation table 70.20-20 “Employee Housing Mitigation Formula” doesn’t address Industrial Service use despite it being an independent category in the 7.24.040 “Table of Allowed Uses”. The 70.20- 20 “Employee Housing Mitigation Formula” table only contemplates: Commercial, Lodging and Property Management, and Residential. Therefore, there is no method by which to calculate the employee housing mitigation requirement for Industrial Services. The property is subject to having to provide employee mitigation. Our plan and our intent is to meet and exceed the intent of the Ordinance 7.20.100 - Employee Housing Mitigation. Typically, in other parts of the code the employee mitigation is targeted to offset 20% of the employees created by the project. To meet and exceed the Town of Avon’s intent and expectations, with the Employee Housing Mitigation, we are proposing a mitigation plan that will offset 100% of the employees created. Rationale for Town Council EHM After several meetings with the Planning Department and Town Attorney, staff advised that the appropriate path for this Application is direct review and certification by the Town Council under Section 7.20.100. We appreciate that guidance and have prepared this plan, accordingly, evaluated against Section 7.20.100 as it exists today. We have designed this plan to meet that need directly and respectfully request the Council's certification of approval under Section 7.20.100(h). 710 Nottingham Rd. Avon CO | EHM Plan | Page 6 of 7 Recap and Summary of Rationale and EHM Proposal: • Mini self-storage is a permitted use in the IC zone. We are seeking no variance, and the building sits within the Code's height and setback requirements. • This use generates two employees. StorageMart, a national operator with facilities here in the Vail Valley, confirmed that in writing (Exhibit 2). • Section 7.20.100(a) states the purpose is to create housing for the workers a development generates. We can identify that number precisely, we are mitigating it in full. • Two 500 square foot residential studios on the ground floor mitigate 2.5 employees against the 2.0 generated. On-site construction is the first-ranked method under Section 7.20.100(f)(1). • The units will be restricted under Section 7.20.100(e)(1) to persons with full-time employment in Eagle County, rents capped at 100% of AMI, offered first to our employees. • We are building this housing because the business needs it. An employee who lives on site is invested in the care of the property and community. This project delivers two deed-restricted employee residences, with minimal demand on water, roads, and public services. We believe this proposal exceeds the full intent of the EHM ordinance and works for all stakeholders involved and delivers a win-win. We respectfully request Council's certification of this Employee Housing Mitigation Plan under Section 7.20.100(h), and we appreciate your consideration. Thank you again for your time. Sincerely, Robert Dinkelspiel & James Reivitis 710 Nottingham Rd. Avon CO | EHM Plan | Page 7 of 7 Attached Exhibits: Exhibit 1: Site plan highlighting the two (2) 500 GSF Ground Floor EHM residential studios as well as ground floor employee occupied area. Exhibit 2: Letter of Reference regarding Staffing from Operator. Exhibit 3: Code Text and Tables of 7.20.100 - - - - - - - - - - - - - - - - - - - - - - - Parcel Number: 210502402032 Address: 710 Nottingham Rd Legal Description: Subdivision: Benchmark at Beaver Creek Block: 1 Lot: 30 Zoning: Light Industrial and Commercial (IC) District Type: Industrial Proposed Use: Mini Self Storage - Allowed Use. Variance Requested: None Lot Square footage: 0.5367 acres Total Gross Building Square footage: 63,394 SF Customer Storage Square footage: 43,975 SF Total Employee Occupied Area: 600 SF Employee Housing Mitigation: 100% of Employees created by Development. Employee Housing Mitigation Type: On Site Rental Units - Restricted Affordable EXHIBIT 1 EMPLOYEE HOUSING MITIGATION PLAN SUPPORTING MATERIALS SITE ADDRESS: 710 NOTTINGHAM ROAD, AVON, CO CONTACT: GOOSE MOUNTAIN REAL ESTATE ROBERT “DINK” DINKELSPIEL CC: JAMES REIVITIS Robert@GooseMountainRealEstate.com M: 901.634.6289 DATE: 8.24.2026 1 500 SF EHM STUDIO #1 500 SF EHM STUDIO #2 500 SF Customer Parking Customer Parking Employee Occupied Area: 600 Gross Square Feet Maximum Employees: 2 Facility Office & Reception, Breakroom, and two(2) Restrooms. Employee Housing Mitigation Units: Two (2) Studio Units 1,000 Gross Square Feet ( 500 GSF Each) EHM Credits: 2.5 Mitigated EXHIBIT 1- GROUND FLOOR DETAIL WITH EMPLOYEE HOUSING MITIGATION UNITS HIGHLIGHTED Nottingham Road 2 EXHIBIT 1 - ALL FLOORS 3 ADDRESS 215 North Stadium Blvd., Suite 207 Columbia, MO 65203 TOLL-FREE 877-866-0091 OFFICE 573.493.3230 EMAIL Herby.Bowman@Storage-Mart.com Hello James: StorageMart is a national owner-operator of self-storage facilities, nearly 400 properties operated across three countries; US, Canada, and the UK. Based on our operating experience, we anticipate the proposed facility at 710 Nottingham Road will require no more than two employees. Modern self-storage facilities of this size are typically staffed by a single on-site manager during business hours, supplemented by part-time coverage, with rentals, payments, and access increasingly handled through automated and online systems. We are happy to provide additional detail regarding our staffing model. Thank you for your consideration, and we look forward to being part of the Avon community. Kind regards, EXHIBIT 3 – 710 NOTTINGHAM EHM PLAN Created: 2026-07-16 06:22:08 [EST] (Supp. No. 31, Update 3) Page 1 of 3 7.20.100 Employee housing mitigation. (a) Purpose. The purpose of this Section is to create housing for workers generated by new development in Avon, which is affordable to Eagle Valley workers. This is accomplished through the creation of Employee Housing Mitigation units, deed restricting existing housing units, payment of fees based on the number of workers created by development, and/or exempting Community Housing projects. (b) Applicability. This Section shall apply to new multi-family residential (3 or more units), commercial, accommodation units, industrial and other non-residential development within the Town. This Section applies to all entities, including private and non-profit entities. All Employee housing mitigation dwelling units required in Table 7.20-14 below are applied to the maximum residential density of the development. (c) Exemptions. (1) Development within Existing Structures and Changes in Use for Remodeling. Remodeling of an existing use or the change from one use to another is exempt from the requirements of this Section, provided such activity does not create additional employment generation as determined by Table 7.20-14, below. Only the uses and floor areas that existed prior to the remodeling shall be exempt from the requirements of this Section. Any new floor area or any change in use which creates additional employee generation as determined by Table 7.20-14 shall be subject to the provisions of this Section. (2) Governmental projects and housing projects constructing Community Housing are exempt from this section. (3) Properties with preexisting vested rights are exempt from these requirements. (4) Projects with current Development Plan approvals that are valid on July 11, 2019, and/or extended pursuant to Section 7.16.010(g). (d) Employee Housing Mitigation Formulas. To determine the amount of Employee Housing Mitigation that must be provided, the following formulas shall be used: Table 7.20-20 Employee Housing Mitigation Formulas Factor Calculation Commercial Size of development Leasable square feet Workers Required 2.8 per 1,000 sq. ft. Rate x sq. ft./1,000 Jobs per Employee 1.2 Workers Generated/1.2 Required mitigation 20% mitigation Jobs generated x 20% Lodging and Property Management Size of development # of rooms or # of units Workers Required Lodge/hotel - 0.8/ room; # of rooms x 0.8 Prop. management - 0.4/ unit # of units x 0.4 Jobs per employee 1.2 jobs per employee Workers Generated/1.2 Required mitigation 20% mitigation Workers generated x 20% Residential Size of development # of Dwelling Units Workers Required .33 per Dwelling Unit # of units x 0.33 EXHIBIT 3 – 710 NOTTINGHAM EHM PLAN Created: 2026-07-16 06:22:08 [EST] (Supp. No. 31, Update 3) Page 2 of 3 Jobs Per Employee 1.2 Workers Generated/1.2 Required mitigation 20% mitigation Workers Generated x 20% (e) Methods of Employee Housing Mitigation. (1) General Requirements. All Employee Housing Mitigation units shall be subject to a deed restriction acceptable to the Town and enforceable by the Town which limits occupancy of Employee Housing Mitigation units to persons with full-time employment in Eagle County. (2) For any of the following methods of producing Employee Housing Mitigation, all proposed units shall comply with the minimum size requirements shown in Table 7.20-15, and all applicable design requirements. Table 7.20-21 Minimum Size of Housing Units Type Minimum Size of Unit (Square Footage) Number of Employees Housed Studio 500 1.25 1 bedroom 750 1.75 2 bedrooms 900 2.25 3 or more bedrooms 1,225 3.5 (3) No Credit Given: If the residential square footage of the proposed Employee Housing Mitigation unit(s) is in excess of the minimum required residential square footage, the additional residential square footage shall not be eligible for use as any form of future credit or for the Employee Housing Mitigation. (f) Priorities for Employee Housing Mitigation. The following options for Employee Housing Mitigation are listed in order of preference regarding the types of unit(s) created: (1) Construction of Employee Housing Mitigation unit(s) on the site on which the development is proposed. (2) Construction of deed restricted Employee Housing Mitigation unit(s) within the Town, provided such land, site or structure has not been previously deed-restricted to employee or affordable housing by any party. (3) Construction of Employee Housing Mitigation unit(s) outside the Town but within the Eagle Valley, provided such land, site or structure has not been previously deed-restricted to employee or affordable housing by any party. Prior to construction of such unit(s), consent of the relevant jurisdiction or homeowner's association (if required) to placement of a deed restriction on the unit(s) must be obtained, in addition to any required land use approvals. Units outside of the Town must be within the 80% - 140% AMI range, as defined by the Avon Comprehensive Plan, within the Up or Mid Valley, as defined by the Eagle River Valley Housing Needs and Solutions plan. Units constructed shall be valued at .75 of the applicable required Employee Mitigation rate. (4) Deed restricting existing free market unit(s) within the Town or the Eagle Valley. i. As a condition of approval when the deed restriction of existing free market unit(s) is proposed, the Applicant must obtain the approval of the Town for the specific unit(s) and the deed restriction agreement language for the unit(s) to be deed restricted. The Applicant must demonstrate to the satisfaction of the Town that: EXHIBIT 3 – 710 NOTTINGHAM EHM PLAN Created: 2026-07-16 06:22:08 [EST] (Supp. No. 31, Update 3) Page 3 of 3 a. The long-term affordability of the proposed Employee Housing Mitigation unit(s) is adequately protected, considering issues including but not limited to long term maintenance and homeowner's assessments; and b. The affected property does not prohibit the type of housing proposed. The Town may request additional information about the proposed unit(s) as reasonable to make such a determination. Such approval may contain provisions to ensure that any Employee Housing Mitigation unit(s) subject to a deed restriction meets long term standards for maintenance and affordability. ii. Employee Housing Mitigation units outside of the Town must be within the 80% - 140% AMI range, as defined by the Avon Comprehensive Plan, within the Up or Mid Valley, as defined by the Eagle River Valley Housing Needs and Solutions plan. iii. Deed restricted units outside of the Town shall be valued at .75 of the applicable required Employee Housing Mitigation rate. (5) Fees-in-lieu, as defined by Town Council resolution and updated every two years, may be provided only for any fractional remainder of the Employee Mitigation requirement generated under this Section totaling less than 1.0 employee, subject to the following requirements: i. Time of Payment and Use of Funds. Payment of the fee in-lieu shall be made to the Town prior to the issuance of any Certificate of Occupancy or Temporary Certificate of Occupancy for any free market portion of the development. ii. Interest Bearing Account. The Town shall transfer the funds to an interest-bearing account. iii. Authorized Uses of Fees. The funds, and any interest accrued, shall be used only for the purpose of planning for, subsidizing, or developing Community Housing. (g) Mitigation plan required. The Mitigation plan shall include the following: (1) Calculation and method. The calculation of, and method by which Employee Housing Mitigation units are to be provided, in compliance with Table 7.20-14 and Section 7.20.100(d). (2) Unit Descriptions. If deed restricted Employee Housing Mitigation units are to be developed, a site plan and building floor plans (if applicable), illustrating the number of units proposed, their location, the number of bedrooms, gross floor area of each unit, and the rental/sale mix of the development. (3) Timing of review/amendments. The Employee Housing Mitigation plan shall be submitted to and approved by the Town Council prior to, or concurrent with, application to the Town for the free market portion of the initial development plan. Review and approval of plans by the Town Council for construction of Employee Housing Mitigation shall be prior to, or concurrent with, the free market portion of the development plan. Any amendment to an approved Employee Housing Mitigation plan shall require subsequent Town Council approval. (h) Certification of Action. The Town Council shall certify the approval, approval with conditions, or denial of the Employee Housing Mitigation plan, or of an amendment thereto. Such approval, approval with conditions, or denial shall be based on compliance with the provisions of this Chapter. (Ord. 10-14 §3) (Ord. 21-09 §11; Ord. 19-03, §3) 970-748-4023 jskinner@avon.org Page 1 of 5 TO: Honorable Mayor Tamra N. Underwood and Council members FROM: Jena Skinner, AICP, Planning Manager RE: SECOND READING ORDINANCE 26-07 | 2026 Avon Community Housing Plan PUBLIC HEARING: CPA26-001 Comprehensive Plan Amendment DATE: September 3, 2026 SUMMARY: This report presents to the Avon Town Council (“Council”) Second reading of Ordinance 26- 07 (“Attachment A”), a Comprehensive Plan Amendment (“CPA”) application to update the 2021 Avon Community Housing Plan (“Plan”). Council took action to approve First Reading of this Plan on August 25, 2026. The Plan (“Exhibit B”) is a supplemental document to the Town of Avon Comprehensive Plan. Staff is proposing to replace the existing 2021 Plan document with the 2026 Plan document in its entirety. As such, a redline of the changes is not proposed as there is too much being affected. The Avon Planning and Zoning Commission (“PZC”) conducted public hearings and reviewed this Plan on June 8, 2026, June 22, 2026, July 13, 2026, and August 10, 2026, and then took formal action to recommend Council approve the 2026 Avon Community Housing Plan. Versions of the previous Staff Reports and Draft Plan iterations can be found as links on the last page of this report. CHANGES SINCE 1ST READING: For Second Reading: Staff has gone through the Plan and updated the sections where Council recommended further attention was necessary including: • Page 2 of Plan – Goals: • Clarified Goal 1: Achieve a diverse range of Community hHousing densities… • Page 5 of Plan – Factors Driving Housing Crisis: • Second Home Market: Over 31% of housing units in the county are used by part-time residents or are vacant. In Avon, 44% of housing units are vacant or used by part-time residents • Desirability: The high quality of life in the mountains attracts remote workers… • Page 5 of Plan – Key Challenges Created by the Lack of Community Housing: • Lack of opportunities are forcing many renters who wish to buy a home, or persons with expanding families, to move away from the area to find more affordable options. • A workforce-priced housing shortage is pushing many renters who want to own homes, along with individuals with growing families, to leave the area for more affordable housing options. • Page 9 of Plan – Changed footnote to illustration • Page 12 of Plan –New Development Code and Planning Policies to Promote Community Housing: • Staff also recommends adding one more policy concerning Accessory Dwelling Units in Wildridge (“ADUs”). Currently, the Wildridge Covenants prohibit ADUs. The process to amend the Wildridge Covenants is very difficult and near impossible because it requires CPA26-001 – 2026 Avon Housing Plan September 8, 2026 Page 2 of 5 75% of the private landowners to agree to any amendments. House Bill 24-1152 was enacted in 2024 which states that private protective covenants that prohibit ADUs are contrary to public policy and therefore void and unenforceable; however, this bill was specifically limited to “single-family detached dwelling units”. Wildridge has duplexes and townhomes which may also be appropriate for ADU use. Therefore, the proposed policy states that Avon should first seek legislative changes to expand the local ability to approve ADUs to duplexes and townhomes, which approval would supersede any conflicting private covenant. Adoption of any ADU policy in Avon would require an extensive outreach with the Wildridge community, including a major Planned Unit Development Plan amendment application and would raise numerous planning details and criteria for review and approval of ADUs on individual lots. This proposed additional ADU policy is simply a policy idea that would be presented in more detail if and when legislation is enacted to expand the ability to approve ADUs beyond single-family detached dwelling units. The proposed additional policy is worded as follows: “4. Accessory Dwelling Units: Consider proposing legislation to revise Colorado Revised Statute § 38-33.3-106.5, and other statutes as appropriate, to allow local authorization of accessory dwelling units for duplexes and townhomes in addition to single-family detached dwellings. If such legislation is adopted, then consider potential amendments to the Avon Development Code and potential amendment to Wildridge Planned Unit Development Plan and other areas in Avon as may be appropriate, to support and promote accessory dwelling units.” • Page 16 of Plan – The Aspens: • POSSIBLE PROTECTIVE PATHWAYS The Town of Avon is committed to exploring caring, forward-thinking partnerships with landowners who are considering the redevelopment of valued community assets such as The Aspens. We believe in innovative solutions to preserve our most treasured and unique areas, ensuring these spaces are available for future generations. With empathy and collaboration values at the forefront, we can work together to protect what makes our community special. Additionally, the following outlines further protective pathways to explore or implement: • Regulatory Protections – Avon Municipal Code With State mandates requiring landlords who plan to close or rezone a park for redevelopment to financially compensate displaced tenants for their relocation costs, Avon could also require the loss of actual units by having density levels and affordability be a condition of rezoning of any zone district with existing “naturally occurring affordable units” or “NOAHs”. This can be done by either creating a zoning overlay that restricts the land from redeveloping into luxury or traditional apartment complexes without displacement mitigation, or, a new anti-displacement of Community Housing provision where any loss of deed restricted or perceived Community Housing units will require replacement of these units lost, while maintaining the same AMI levels as was in place prior to redevelopment. CPA26-001 – 2026 Avon Housing Plan September 8, 2026 Page 3 of 5 BACKGROUND: Council adopted the Avon Community Housing Plan by Ordinance 18-07 on August 28, 2018, and later approved amendments to the (current) plan in 2021 with Ordinance 21-13. Since then, the Council has established several housing-related policies, programs, regulations, and financial tools through resolutions, ordinances, or voter approval. Many goals and recommendations from the original plan have been accomplished. Jurisdictions in Eagle County periodically participate in Housing Needs Assessments (also called an analysis) (“HNA”), with the most recent version completed in 2025. The HNA identifies current demand and future housing needs in the Eagle River Valley at each Area Median Income (“AMI”) level. It guides policies, programs, partnerships, preservation, new development, and funding to meet housing goals. Future grant funding and discounted financing, including Prop123, rely on HNA data and findings. This Plan incorporates key HNA data to support the Town’s community housing goals and strategies. The data in this recent plan makes this proposed Plan amendment timely and provides a contemporary context for Avon’s housing situation in 2026. The proposed Plan updates the existing Goals and Objectives, Demand, Housing Costs and Area Median Income (“AMI”), Strengths and Assets, and Tools and Strategies, currently in the 2021 Plan. Appendices regarding Definitions, AMI Tables, and Implemented Housing Strategies are also preexisting, with new sections and appendices added as detailed in the table below. As Avon’s housing data becomes more readily available, regular updates to the Plan are recommended. Since 2021, Community Housing has become the premier concern for Avon. Moving forward, amending the Plan more frequently to continually reflect Town accomplishments, upcoming initiatives, and shifts in policy direction, will be useful for several reasons including use of this plan as a basis for achieving State funding. UPDATED AMENDMENTS: The 2026 Avon Community Housing Plan presents a significant rewrite from the 2021 Community Housing Plan document which is due to the amount of progress realized in the last five years, a more detailed focused on projects and programs, and incorporation of the Regional Housing Needs Assessment and inclusionary goals and strategies. The 2026 Avon Community Housing Plan document shall replace the existing 2021 Avon Community Housing Plan in its entirety. A redline comparison is not provided due to the substantial revisions and updates in language throughout the document. DISCUSSION: During First Reading, Council very clearly was appreciative of the immense work that the Planning and Zoning Commission invested in the plan, and during deliberations by Council, also recognized and shared in some of the concerns and recommendations set forth by the PZC regarding other related efforts that affect housing like in updating the Employee Housing Mitigation provisions, implementation of inclusionary housing mitigation strategies, and considerations of a potential/future Short Term Rental tax increase. Council reviewed the proposed Plan during the hearing and Staff has updated this document in between First and Second reading in response to their recommendations. PROCESS: Public notification for adoption of a Comprehensive Plan Amendment is subject to the Avon Development Code (“Code”) requirements. The Housing Plan is considered an extension of the “Comprehensive Plan” by definition, and subject to the notification and approval process per Code. CPA26-001 – 2026 Avon Housing Plan September 8, 2026 Page 4 of 5 Published notification was provided in the Vail Daily. RECOMMENDED GENERAL CRITERIA FINDINGS: 1. The development application is complete. 2. The development application provides sufficient information to allow the reviewing authority to determine that the development applications comply with the relevant review criteria. 3. The development application complies with the goals and policies of the Avon Comprehensive Plan; and 4. The demand for public services or infrastructure exceeding current capacity does not require mitigation at this time as there is no development application accompanying this Comprehensive Plan Amendment that results in a physical project that utilizes public services or infrastructure. COMPREHENSIVE PLAN FINDINGS: 1. The proposed Plan amendment is compatible with the goals and policies of the entirety of the Avon Comprehensive Plan while recognizing that Avon’s unique housing goals, policies, and community housing needs have evolved, requiring this update. 2. This amendment complies with the Review Criteria outlined in Section §7.16.030(c) of the Development Code and offers increased support for Community Housing efforts and good planning by the Town of Avon. 3. The proposed Plan provides guidance for planned and orderly use of land and in encouraging a high quality of place for the community; and 4. The proposed amendment promotes the health, safety, and welfare of the Avon Community by supporting coordinated development using a tool like the Housing Plan for its long term vision. OPTIONS: Council has the following options with the Application: • Approve Second Reading of Ordinance 26-07 and Plan, as drafted • Approve Second Reading of Ordinance 26-07 and Plan, with changes • Continue Second Reading of Ordinance 26-07, to a specific date STAFF RECOMMENDATION: I recommend Council approve Second Reading of Ordinance 26-07 Adopting the 2026 Avon Community Housing Plan. PUBLIC NOTICE ANALYSIS & STAFF REPORT PZC PUBLIC HEARING RECOMMENDATION June 8, 2026 June 22, 2026 July 13, 2026 August 10, 2026 TOWN COUNCIL PUBLIC HEARING 1st Reading August 25, 2026 2nd Reading Sept. 8, 2026 CPA26-001 – 2026 Avon Housing Plan September 8, 2026 Page 5 of 5 RECOMMENDED MOTION: “I move to approve Ordinance 26-07 Adopting the 2026 Avon Community Housing Plan on Second Reading.” Thank you, Jena ATTACHMENT A: Town Manager Report ATTACHMENT B: Ordinance 26-07 Exhibit A: Record of Decision Exhibit B: Proposed 2026 Avon Community Housing Plan LINKS: COMMUNITY HOUSING PLAN OPEN HOUSE PRESENTATION 7-20-26 EXISTING AVON COMMUNITY HOUSING PLAN AVON COMMUNITY HOUSING WEBSITE REGIONAL HOUSING NEEDS ASSESSMENT AVON MUNICIPAL CODE TITLE 7 COUNCIL: AUGUST 25, 2026 REPORT – First Reading PZC: AUGUST 10, 2026, REPORT PZC: JULY 13, 2026, REPORT PZC: JUNE 22, 2026, REPORT PZC: JUNE 8, 2026, REPORT 970.748.4004 eric@avon.org TO: Honorable Mayor Tamra N. Underwood and Council members FROM: Eric Heil, Town Manager RE: Avon Community Housing Plan Update DATE: August 20, 2026 SUMMARY: This report is supplement report to Council regarding proposed updates to the Avon Community Housing Plan. STRATEGIES: A prominent feature of the 2026 updates to the Avon Community Housing Plan is the Strategies section which lists particular Projects and Appendix A which describes each project in more detail. This list includes six properties the Town of Avon currently owns, one property that is under contract (State Land Board) and one property that is partially owned for a potential public-private partnership (15 Sun Road in the Sun Road Redevelopment Project). This list is the result of several years of exploring potential properties and opportunities for Community Housing projects. The creation of this Projects list has the specific following intended benefits: •Transparency: The Avon community can easily see the future Community Housing projects contemplated in Avon, including location, parcel size and potential density. •Staff Direction and Planning. The Project list gives staff clear direction on projects to pursue, which include varying levels of planning, zoning, grant applications, entitlement work, and voter approval. •Entitlement. The list allows Avon to proceed with perfecting and completing entitlement work where appropriate. This helps to accomplish the initial steps for a Community Housing project which can often require two to four years of process and neighborhood involvement. •Partnership Solicitation. The list of tangible projects in an official plan document adopted by Council facilitates Avon’s ability to solicit partnership interest by other local governments, non-profits, employers, and the development community. •Grant Applications. The list of projects facilitates Avon’s ability to apply for grant funding and other financial assistance. TIMING: The timing of actual development of these projects will depend upon the availability of funding. Avon’s current level of funding is not sufficient to development this list of projects in ten years. Many grant funding sources heavily favor “shovel ready” projects. Projects owned by Avon that are entitled will increase the eligibility and competitiveness of Avon’s grant funding applications. FLEXIBILITY: The project list is not exclusive nor rigid in sequence or detail. Avon may chose to develop projects that serve a higher mix of low-income households. The ability to serve more low-income households may occur once construction of a project construction proceeds and there is more partnership interest to additionally subsidize units to serve a lower household income level. Other funding partners often want to see the specific residential project to be developed, with firm pricing and firm schedule for delivery before committing their funds. Each project has significant financial challenges; therefore, it is difficult to plan in advance the cost, available financial resources, and the end mix of household income levels that a new project would serve. RECOMMENDATION: I recommend adoption of the Avon Community Housing Plan. Thank you, Eric ATTACHMENT A Ord 26-07 Adopting 2026 Avon Community Housing Plan Page 1 of 3 ORDINANCE 26-07 ADOPTING THE 2026 AVON COMMUNITY HOUSING PLAN WHEREAS, the Town of Avon (“Town”) is a home rule municipal corporation and body politic organized under the laws of the State of Colorado and possessing the maximum powers, authority, and privileges to which it is entitled under Colorado law; and WHEREAS, the Avon Town Council (“Council”) has the authority to adopt planning documents as described in Section 7.04.010 of the Avon Development Code; and WHEREAS, updates, revisions and amendments to the 2021 Avon Community Housing Plan, and extension of the Avon Comprehensive Plan, were presented to the Avon Planning and Zoning Commission (“Avon PZC”) in accordance with the procedures set forth in Section 7.16.030 – Comprehensive Plan Amendment; and WHEREAS, Avon PZC held public hearings on June 8, 2026, June 22, 2026, July13, 2026, and August 10, 2026 after publishing and posting notice as required by law, and considered all comments, testimony, evidence, and Town Staff reports prior to formulating a recommendation to Council and then took action to adopt Findings of Fact and made a recommendation to Council to approve the Application; and WHEREAS, Council held public hearings on August 25, 2026, and September 8, 2026, after publishing and posting notice as required by law, and considered all comments, testimony, evidence, and Town Staff reports prior to taking final action; and then took action by approving this Ordinance 26-07 on September 8, 2026; and WHEREAS, Council finds the adoption of this ordinance will promote the health, safety, and welfare of the citizens of the Avon community; and WHEREAS, Council adopted the Findings of Fact and Record of Decision which set forth the basis for the adoption of the 2026 Avon Community Housing Plan; and WHEREAS, approval of this Ordinance on First Reading is intended only to confirm the Town Council desires to comply with the requirements of the Avon Home Rule Charter by setting a Public Hearing to provide the public an opportunity to present testimony and evidence regarding the Application, and, that approval of this Ordinance on First Reading does not constitute a representation that the Town Council, or any member of the Town Council, supports, approves, rejects, or denies this Ordinance prior to any final action prior to concluding the public hearing on second reading. ATTACHMENT B Ord 26-07 Adopting 2026 Avon Community Housing Plan Page 2 of 3 NOW THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF AVON, COLORADO: Section 1. Recitals Incorporated. The above and foregoing recitals are incorporated herein by reference and adopted as findings and determinations of the Town Council. Section 2. Comprehensive Plan Amendments. Council hereby adopts the Findings of Fact and Record of Decision (“EXHIBIT A – FINDINGS OF FACT AND RECORD OF DECISION”) and Council hereby adopts the 2026 Avon Community Housing Plan as depicted in “EXHIBIT B – 2026 AVON COMMUNITY HOUSING PLAN”, which shall replace in its entirety earlier versions of the Avon Community Housing Plan. Section 3. Severability. If any provision of this Ordinance, or the application of such provision to any person or circumstance, is for any reason held to be invalid, such invalidity shall not affect other provisions or applications of this Ordinance which can be given effect without the invalid provision or application, and to this end the provisions of this Ordinance are declared to be severable. The Town Council hereby declares that it has passed this Ordinance and each provision thereof, even though any one of the provisions might be declared unconstitutional or invalid. As used in this Section, the term “provision” means and includes any part, division, subdivision, section, subsection, sentence, clause or phrase; the term “application” means and includes an application of an ordinance or any part thereof, whether considered or construed alone or together with another ordinance or ordinances, or part thereof, of the Town. Section 4. Effective Date. This Ordinance shall take effect thirty (30) days after final adoption in accordance with Section 6.4 of the Avon Home Rule Charter. Section 5. Safety Clause. The Town Council hereby finds, determines and declares this Ordinance is promulgated under the general police power of the Town of Avon, that it is promulgated for the health, safety and welfare of the public and this Ordinance is necessary for the preservation of health and safety and for the protection of public convenience and welfare. The Town Council further determines that the Ordinance bears a rational relation to the proper legislative object sought to be obtained. Section 6. No Existing Violation Affected. Nothing in this Ordinance shall be construed to release, extinguish, alter, modify, or change in whole or in part any penalty, liability or right or affect any audit, suit, or proceeding pending in any court, or any rights acquired, or liability incurred, or any cause or causes of action acquired or existing which may have been incurred or obtained under any ordinance or provision hereby repealed or amended by this Ordinance. Any such ordinance or provision thereof so amended, repealed, or superseded by this Ordinance shall be treated and held as remaining in force for the purpose of sustaining any and all proper actions, suits, proceedings and prosecutions, for the enforcement of such penalty, liability, or right, and for the purpose of sustaining any judgment, decree or order which can or may be rendered, entered, or made in such actions, suits or proceedings, or prosecutions imposing, inflicting, or declaring such penalty or liability or enforcing such right, and shall be treated and held as remaining in force for the purpose of sustaining any and all proceedings, actions, hearings, and appeals pending before any court or administrative tribunal. Ord 26-07 Adopting 2026 Avon Community Housing Plan Page 3 of 3 Section 7. Correction of Errors. Town Staff is authorized to insert proper dates, references to recording information and make similar changes, and to correct any typographical, grammatical, cross-reference, or other errors which may be discovered in any documents associated with this Ordinance and documents approved by this Ordinance provided that such corrections do not change the substantive terms and provisions of such documents. Section 8. Publication. The Town Clerk is ordered to publish this Ordinance in accordance with Chapter 1.16 of the Avon Municipal Code. INTRODUCED AND ADOPTED ON FIRST READING AND REFERRED TO PUBLIC HEARING by the Avon Town Council on August 25, 2026, and setting such public hearing for 5:00 pm, or as soon thereafter as possible, at the Council Chambers of the Avon Municipal Building, located at One Hundred Mikaela Way, Avon, Colorado. BY: ATTEST: ____________________________ ________________________________________ Tamra N. Underwood, Mayor Miguel Jauregui Casanueva, Town Clerk ADOPTED ON SECOND AND FINAL READING by the Avon Town Council on September 8, 2026. BY: ATTEST: Tamra N. Underwood, Mayor Miguel Jauregui Casanueva, Town Clerk APPROVED AS TO FORM: Nina P. Williams, Town Attorney 2026 Avon Community Housing Plan Findings of Fact and Record of Decision: CPA26-001 Page 1 of 2 TOWN COUNCIL FINDINGS OF FACT AND RECORD OF DECISION 2026 AVON COMMUNITY HOUSING PLAN DATE OF DECISION: September 8, 2026 APPLICATIONS: Comprehensive Plan Amendment | File CPA26-001 APPLICANT: Town of Avon The Avon Town Council (“Council”) conducted public hearings and reviewed the application for replacement of the Avon Community Housing Plan on August 25, 2026, and September 8, 2026, and considered all public comments and information provided at such public hearings. Based on consideration of public comments, information provided and the applicable review criteria Council hereby APPROVES the 2026 Avon Community Housing Plan in accordance with the Avon Municipal Code (“AMC”) §7.16.020(f) based on the Findings of Fact stated herein and hereby ADOPTS THIS RECORD OF DECISION. All Avon Staff reports and materials concerning the Application, any third party materials received concerning the Application, all public comments, all statements made at the Public Hearings, and all Avon Development Code and other regulations applicable to review of the Application are collectively adopted as part of the official Record of Decision. COMPREHENSIVE PLAN AMENDMENT FINDINGS: Pursuant to §7.16.030, Comprehensive Plan The following criteria shall be considered as the basis for recommendations and decisions on applications to amend the Avon Community Housing Plan, an extension of the Avon Comprehensive Plan: GENERAL CRITERIA FINDINGS: 1. The development application is complete. 2. The development application provides sufficient information to allow the reviewing authority to determine that the development applications comply with the relevant review criteria. 3. The development application complies with the goals and policies of the Avon Comprehensive Plan; and 4. The demand for public services or infrastructure exceeding current capacity does not require mitigation at this time as there is no development application accompanying this Comprehensive Plan Amendment that results in a physical project that utilizes public services or infrastructure. EXHIBIT A 2026 Avon Community Housing Plan Findings of Fact and Record of Decision: CPA26-001 Page 2 of 2 COMPREHENSIVE PLAN FINDINGS: 1. The proposed Plan amendment is compatible with the goals and policies of the entirety of the Avon Comprehensive Plan while recognizing that Avon’s unique housing goals, policies, and community housing needs have evolved, requiring this update. 2. This amendment complies with the Review Criteria outlined in Section §7.16.030(c) of the Development Code and offers increased support for Community Housing efforts and good planning by the Town of Avon. 3.The proposed Plan provides guidance for planned and orderly use of land and in encouraging a high quality of place for the community; and 4. The proposed amendment promotes the health, safety, and welfare of the Avon Community by supporting coordinated development using a tool like the Housing Plan for its long term vision. APPROVED BY MOTION on September 8, 2026 AVON TOWN COUNCIL BY: ATTEST: ____________________________ ___________________________________ Tamra N. Underwood, Mayor Miguel Jauregui Casanueva, Town Clerk EXHIBIT B Table of Contents Table of Contents ........................................................................................................................................................... 2 Introduction .................................................................................................................................................................... 1 Goals .............................................................................................................................................................................. 2 Objectives ...................................................................................................................................................................... 2 Demand ......................................................................................................................................................................... 4 Housing Cost & .............................................................................................................................................................. 6 Area Median Income (AMI) ............................................................................................................................................ 6 Strengths & Assets......................................................................................................................................................... 8 Strategies ....................................................................................................................................................................... 9 Projects ................................................................................................................................................................. 10 Avon Housing Programs ....................................................................................................................................... 10 Policies ................................................................................................................................................................. 11 Ten Year Community Housing Goal ..................................................................................................................... 13 Future Community Housing Projection ................................................................................................................. 13 Investment Guidelines.................................................................................................................................................. 14 THE ASPENS: COMMUNITY PRESERVATION ......................................................................................................... 15 APPENDIX A: HOUSING PROJECTS ......................................................................................................................... 17 APPENDIX B: IMPLEMENTED COMMUNITY HOUSING STRATEGIES ................................................................... 29 APPENDIX C: INCOMES ............................................................................................................................................. 31 APPENDIX D: Definitions & Best Practices ................................................................................................................ 32 APPENDIX E: HOUSING NEEDS ANALYSIS ............................................................................................................. 34 Approved by Town Council Ordinance [INSERT NO] Page 1 of 34 Introduction The Avon Town Council recognizes the severe lack of affordable housing opportunities in the Eagle River Valley. Reasonably attainable and available housing opportunities are critical for Avon to maintain its authentic town character and to support the current and next generation’s participation in the Avon community. Workforce housing is necessary to support the many businesses located in Avon that create Avon’s vibrant character. A variety of Community Housing types to meet residents at a variety of life stages and income levels is necessary to retain a sense of community. The Avon Community Housing Plan is an extension of the Avon Comprehensive Plan. It provides a high level overview of the housing supply and demand conditions in Avon, at a point in time, and defines goals and strategies to address the needs and demands contained within. The Eagle River Valley Housing Needs Analysis (“HNA”), a comprehensive report also conducted periodically, provides in-depth, detailed information on the economic and social factors comprising those housing conditions in Eagle County. The Avon Community Housing Plan uses information from the HNA to form its goals and strategies. This 2026 Avon Community Housing Plan updates the prior 2021 Plan by recognizing the successes and accomplishments over the last five years while acknowledging the ongoing challenge of meeting the housing needs of the Avon Community. This 2026 Plan defines the Community Housing goals, objectives, plans, and strategies for the Town of Avon over the next several years. “Avon’s vision is to provide a high quality of life, today and in the future, for a diverse population; and to promote their ability to live, work, visit, and recreate in the community.” -TOWN OF AVON COMPREHENSIVE PLAN Fig 1 - Comprehensive Plan and General Plan Framework Page 2 of 34 The potential community benefits of increasing Community Housing efforts include: ♦Increased economic stability and a more active year-round economy for local residents and businesses; ♦Greater ability to retain individuals and families throughout life and career phases, strengthening the sense of community, opportunity, and quality of life; ♦More housing choices; ♦Increase the supply of Community Housing for job recruitment and retention purposes; ♦Create Community Housing in closer proximity to job centers with pedestrian connections and transit, in alignment with the Climate Action Plan goals; and ♦More full-time residents to sustain arts, culture, social, and recreational activities. ♦Community retention with the alleviation of housing insecurity, housing cost burden, and displacement. Goals Avon has identified the following goals: Goal 1: Achieve a diverse range of Community hHousing densities, styles, and types, including rental and for sale, to serve all segments of the population. Goal 2: Coordinate with neighboring communities to provide and financially support an attainable housing program that incorporates both rental and ownership opportunities, affordable for local households. Goal 3: Provide and support Avon’s share of Community Housing units as identified in the 2025 Eagle County Regional Housing Needs Analysis by 2035. Objectives Avon has identified the following objectives: 1.Maintain or increase the percentage of year-round residents; currently 56% of all dwelling units in Avon are occupied by year-round residents. 2.Provide affordable housing for the lower income household tiers (up to 80% AMI) in proportion to the housing needs for various income levels identified in the Housing Needs Analysis. 3.Prioritize available Community Housing funds annually based on funding and partnership opportunities, cost of projects and programs, assessment of specific unmet housing needs, consideration of other residential projects in the Eagle River Valley, and assessment of Avon’s capacity to efficiently manage projects and programs. 4.Explore opportunities for additional dedicated funding sources to sustain the Community Housing Fund, particularly through regional partnerships and the formation of a regional housing authority. Page 3 of 34 5.Increase deed restricted homeownership opportunities with a priority for households making equivalent of 140% or less of the Area Median Income (“AMI”) through the Mi Casa Avon, Good Deeds Avon, and other housing programs and regulations. For example, a two-income household earning 140% AMI ($155,000) may be able to afford a home price of $620,000 in 2026. 6.Grow the inventory of homeownership and “missing middle” inventory, in place of additional rental housing stock, to create a more balanced portfolio with a long-term goal of more home ownership opportunities. 7.Prioritize price point, focusing on the 80-140% AMI level, as well as finish quality and amenities that are attractive to right-sizing households, when considering new rental development. This includes growing households upsizing their housing and seniors downsizing their housing. 8.Maintain or increase the percentage of Qualified Employees residing in Avon. 9.Partner with other communities, non-profit entities (i.e. Habitat for Humanity, Town of Vail, Eagle County), Private Affordable Housing Developers, and Private employers to financially support new Community Housing projects and programs. 10.Aggressively pursue available grant funding to support Community Housing projects and programs, including public infrastructure improvements that benefit or support Community Housing projects. 11.Consider social, environmental, and climate equity in the development of Community Housing projects, programs and policies that recognize that lower income and often marginalized sections of communities often suffer disproportionately with existing housing conditions, cost burdens, and other impacts. 12.Ensure Avon participates and supports with the updating of the Housing Needs Analysis every 6 years. Fig. 2 Avon Spectrum of Housing Needs 2026 Page 4 of 34 Demand Free market real estate values and rents have escalated faster than wage growth over the last 15 years, especially during the COVID-19 pandemic, resulting in a severe shortage of reasonably attainable and available housing. ♦As of 2025–2026, a significant shortage of affordable housing persists as housing costs have substantially outpaced local wages. Renters and low- to median-income households are frequently cost-burdened or severely cost-burdened, with many spending more than 50% of their income on housing. ♦Across numerous regions, median rents and home prices have increased at a rate surpassing that of average incomes. In Eagle County, survey and focus group participants reported that rents were consistently between $1,500-$2,000 per bedroom. That translates over 3 median wages needed to rent a 3 bedroom unit priced at $4,500 or more. ♦Wages: Eagle County’s 2026 Area Median (Household) Income is $111,000, while the per capita income is just over $62,0001. ♦Surging Home Prices: The median home sales price in Eagle County (excluding resort areas) was $1,060,863 by YE 2025. Avon alone experienced a median sales price of $1,110,000 during that same time period. ♦Extreme Affordability Gap: The Affordability gap compares the mortgage an average household can afford with the median home price. As of 2026, the average 2-income household can afford approximately a $444,000 home, compared with the YE 2025 median-priced home in Eagle County at $1,060,863. This leaves an Affordability Gap of $616,863. ♦High Costs vs. Low Wages: In this resort community, the majority of the county’s largest volume of professions (including hospitality, retail and food service) offer salaries below $40,000 per year. ♦Rental Market Distress: Rental rates increased by 48% between 2007 and 2023, with studios (700-900 sq ft) costing up to $2,500 by YE 2025. ♦Displacement Risk: The 2025 Housing Needs Analysis identifies displacement risk factor and its prevalence among Avon’s residents ♦Supply Shortage: The 2025 Eagle County Regional Housing Needs Analysis identified a need for 6,375 affordable housing units across Eagle County, within 10 years to meet the current demand. Avon’s share of that shortage is 1,458 units. The Housing Needs Analysis includes a breakdown of the shortage by AMI level. 1 AMI is the accepted metric and does not always accurately reflect true wages of local workers. There is no alternative metric that removes part-time resident income from AMI. Fig. 3 Illustration of The Affordability Gap Page 5 of 34 Factors Driving the Housing Crisis: ♦Second Home Market: Over 31% of housing units in the county are used by part-time residents or are vacant. In Avon, 44% of housing units are vacant or used by part-time residents ♦Desirability: The high quality of life in the mountains attracts remote workers, second homeowners and relocating retirees who can afford prices higher than what local service-based workers can afford, increasing the competition and demand for the limited housing stock available. ♦Geography & Land Limits: Limited buildable land restricts the supply, further driving up costs. Couple that with a lack of Town-owned land and topographically challenging sites, the results for new construction rely on market price land costs with extremely expensive construction costs, adding to the cost gap between building new units and their affordability to locals, without extreme subsidy. Key Challenges Created by the Lack of Community Housing: ♦Employers struggle with unfilled positions, increased turnover, higher training costs, and lost productivity, especially with long-term management positions; ♦Continued increase in home prices that are well beyond the financial means of most local residents; ♦Loss of historically affordable purchase options or long term rental availability due to short term rental (STR) use, multi-homeowner use, and relocating retirees; ♦Low vacancies in rental markets result in limited choices and rising costs for renters; ♦Negative socio-economic impacts on individuals and families, who are spending a disproportionate amount of their income on housing, commuting long distances, and living in locations or situations that are not sustainable for the long term; ♦Lack of opportunities for returning local family offspring who grew up in Eagle County to secure housing in the place they consider home. ♦Lack of opportunities are forcing many renters who wish to buy a home, or persons with expanding families, to move away from the area to find more affordable options. ♦A workforce-priced housing shortage is pushing many renters who want to own homes, along with individuals with growing families, to leave the area for more affordable housing options. ♦Increased risk of high energy costs and vulnerability to climate change for residents living in homes that may be older, inefficient, poorly insulated, and/or less resilient to extreme weather. ♦Absence of efficient, resilient, transit-oriented, and net-zero Community Housing will undermine the achievement of local and regional climate goals. Fig. 4 “Housing Continuum” Illustration for Eagle County (Generally) In Colorado, official data shows over 35% of households are housing cost-burdened by spending over 30% of their gross income on housing. Because families pay bills using net take-home pay, the actual financial reality is far worse: a 30% gross burden easily consumes 40% to 50% of net income. Page 6 of 34 Housing Cost & Area Median Income (AMI) 2025 Median Wage: $52,900 | 2025 Median Home Price: $1,110,000 Source: FY 2026 Income Limits Summary – Eagle County (Housing and Urban Development or HUD) It is important to review the availability of properties that are attainable through the Vail Multiple Listing Service (“MLS”) for local residents and evaluate the percentage of homes purchased for primary residency in these neighborhoods. There were 91 sales in 2025, with the median price for all dwelling units sold in the Town of Avon (excluding Mountain Star) $1,110,000. Of those 91 sales, 48% were purchased with cash, an indicator that those homes were purchased as second homes, investment properties, relocating retirees, or for use as short term rentals. Condominiums accounted for 78% of these sales, with a median price of $864,000. The median price for single family dwellings, duplexes, and townhomes was $2,150,000. A household earning 2 average weekly wages makes approximately $105,800 per year. This income cannot support mortgage payments for any median priced dwelling units in Avon. The rental market is similarly challenging for local residents. Between 2007 and 2021, the average rental rates rose 48% across the Eagle River Valley. Vacancy rates have approached zero, and recent rental projects have experienced an accelerated cost as compared to increases in the consumer price index. Market rate rental projects in Avon have advertised rental rates up to $2,509 for a studio, $3,992 for a 2-bedroom unit, and over $5,397 per month for a 3-bedroom unit, by year-end 2025. With a per bedroom median price of around $1,900, overcrowding and in-commuting are increasingly common. To meet the needs of local employees in the Eagle River Valley, the 2025 Eagle County Regional Housing Needs Analysis estimates that 6,375 additional dwelling units will be required by 2035. In the “mid-valley”, which includes EagleVail, Avon, and Edwards, 2,586 dwelling units will be needed to accommodate the net loss of affordable housing units and projected population and job growth. In Avon alone, that need is 1,458 units, or about 25% of the regional need. It is anticipated that subsidies or public/Private partnerships will be required to make it financially feasible to construct or preserve a majority of these dwelling units. AMI is used by other local entities as well. For instance, Avon partners and contributes to the Walking Mountains Science Center, and through supporting this non-profit’s energy programming, they have “income and community priority qualifications” for certain rebates and incentives for households up to 150% AMI! Learn More at What is AMI? Area Median Income (AMI) is the midpoint household income for a specific geographic region, calculated annually by the U.S. Department of Housing and Urban Development (HUD). To ensure housing availability for our workforce, Avon relies on the rent and income limits that are established annually by HUD when considering developments taking part in Avon's Community Housing programs. Page 7 of 34 Avon and the rest of the “mid-valley” are highly desired locations for local residents. The community survey of Eagle River Valley households, conducted along with the Eagle County Regional Housing Needs Analysis, found that 53% of renters and 42% of owners selected “mid-valley” as their first choice for place to live. The concentration of employment and job centers in the upper-valley and mid-valley areas of the county poses specific challenges. The narrow valley floor surrounded by federally protected lands has been developed for the most part. The remaining parcels identified for new development have challenging terrain (sloped, narrow, asymmetric). Avon is also identifying areas for redevelopment and strategizing which of its parcels to reclassify for housing redevelopment. Both options add considerable cost to construction and are factors in the higher AMI limits suggested for Eagle County, especially for Avon without significant partnerships and funding from the State. About 12 Percent of Eagle County Jobs Are Filled by In-Commuters. The most common locations of in-commuters were Garfield, Lake, and Summit counties, making up eight (8)percent of Eagle County employees in 2021. Other in-commuters include long-distance commuters who travel to Eagle County from farther places in Colorado and remote workers living outside Eagle County but employed by an Eagle County business. Fig. 5 Job Centers Map – Housing Needs Analysis Page 8 of 34 Strengths & Assets Avon can build upon existing assets and previous housing initiatives, including: ♦Implementation of the Mi Casa Avon Resident Occupied deed restriction purchase program, with 56 units added between 2020 and 2025. ♦Partnership with Eagle County for Good Deeds Avon Price Capped deed restriction purchase program, with 10 units added since its inception in 2025. ♦Updates to the Avon Community Housing Policies to stay current with industry best practices and changing market conditions. ♦Several large-scale Town-sponsored rental projects in the 1990s and 2000s, resulting in an inventory of 544 income restricted or price capped units, ♦63 deed restricted for sale units that were a result of successful PUD negotiations; ♦Establishment of a Community Housing Fund with dedicated revenue sources; ♦Employee Housing Mitigation requirements for new development; ♦Continued planning, zoning and land acquisition efforts to create more opportunities for new Community Housing development; ♦History of regional collaboration with public sector, non-profit and Private sector on housing issues; ♦Adopted Community Housing tax and fee waiver incentives; ♦Adopted a restricted Short Term Rental Overlay District; ♦The commitment to building Community Housing that meets Climate Action initiatives; ♦Amended the Commercial-Industrial Zone District to allow deed restricted Community Housing; and ♦Adopted Comprehensive Plan, which sets housing as a top policy priority. Page 9 of 34 Strategies Avon seeks to provide over 1,000 new Community Housing units by 2036 through a combination of construction of new Community Housing projects, continuation of successful Community Housing programs and implementation of targeted Community Housing policies. The summary of opportunities indicates the potential to provide 1,000+ new Community Housing units if new revenue sources and financial partnerships can support and accelerate construction projects, and support and expand deed restriction purchase programs. Avon’s Community Housing strategies are intended to constitute and implement a “Housing Action Plan” as required by the Department of Local Affairs. Projects, Policies and Programs are each discussed separately below. This Community Housing strategy is heavily weighted towards increasing ownership opportunities. Avon has an anticipated target to attain a range of new Community Housing comprised of 65-75% ownership opportunities and 25-35% rental opportunities. The preference is to provide the maximum amount of 80-100% AMI rental opportunities and 100-140% AMI ownership opportunities; however, the actual Community Housing AMIs will depend upon available financial resources and the economics of each project. New Community Housing rental projects are expected to be at or below 110% AMI, while new Community Housing ownership projects may have a greater mix of Resident Occupied units without an appreciation cap on resale. Housing Needs by Household Incomes The overall mix of Community Housing projects, programs, and policies should provide housing across the household income spectrum in proportion to the housing needs identified in the HNA. Particular attention must be given to the housing needs of lower-income households, who are more vulnerable and are often underrepresented. Evaluation and reporting on the different household income levels served by new Community Housing, compared with the needs stated in the HNA, should occur annually. Consideration should be given to other affordable housing projects in the Eagle River Valley that may serve households at a variety of income levels. Environmental and Climate Equity When developing Community Housing projects, programs, and policies, Avon should evaluate and seek address the potential for or existing disproportionate environmental burdens and impacts on low- income households and marginalized areas or developments that may result from or be exacerbated by a lack of affordable housing. Evaluation should include energy and water efficiency, access to weatherization programs and clean energy; indoor environmental quality; resilience to extreme weather; proximity to grocery stores and neighborhood commercial; inclusion in and integration with existing and adjacent neighborhoods; and the incorporation of inclusive processes designed to increase participation by underrepresented communities. Page 10 of 34 Projects Constructing affordable housing for households at or below 80% Area Median Income (AMI) is an exceptionally steep mountain to climb for a small Colorado municipality like Avon. While the State of Colorado has introduced legislative tools like Proposition 123 to fast-track approvals, localized economic, geographic, and construction barriers create a structural mismatch between the cost to build and the revenue these units can generate. Avon has made extensive strides to bring flexibility to the development process through Community Housing incentives and waivers. However, much like the free market understands in our resort community, flat land is at a premium and materials and labor in the mountains, an affordable deficit. The following table lists Community Housing projects over the next ten years. Projects that are shown as “RO” or “Resident Occupied” may include some mix of price-capped units offered for sale at a lower price point meeting the 100-140% AMI demand, depending upon the availability of funds. The stated AMI for projects below is only intended to indicate which projects may be more appropriate for price-capped development and is not intended to be a limit on providing new housing that may serve lower AMI households. The details of each project may evolve based on available financial resources and Community Housing demands. Each project is discussed in more detail in Appendix A. Appendix A may be updated when appropriate. Pending/New Construction Community Housing Projects R = Rental, O = Ownership, PC = Price Capped, RO = Resident Occupied (no price cap) Project Name Units Type AMI Developer Land Ownership Hidden Valley Estates 54 O-RO N/a Private Private CH2: Avondale Apartments 40 R-PC 110% Public TOA CH1: Lot 8-PA-E 24 O-PC 120% Public TOA State Land Board: Parcel 1 104 R-PC 100% Public/Private Public 91 Beaver Creek Place 20 O-RO N/a TBD TOA Slopeside 106 R-PC 100% Public TOA Wildwood Annex 12 O-PC 120% Public TOA Sun Road Redevelopment 100 O-RO N/a Public/Private Public/Private East Avon Preserve 100 O-TBD N/a TBD TOA Village Community Housing 80 O-RO N/a Private Private Village Community Housing 110 TBD 120-140% TBD Private TOTAL 750 Total New Rental 250 Total New Ownership 500 GO TO APPENDIX A: HOUSING PROJECTS Avon Housing Programs Click on link above for Program Definitions Page 11 of 34 Programs Deed Restriction purchase programs have significant advantages because they do not require new land and construction, which can be polarizing. They also do not require the cost, complexity and timeframe of new construction projects. They provide significant flexibility in allowing a home buyer to shop and choose the home that best meets their needs and preferences. Deed Restriction purchase programs provide a significant financial contribution to assist a home buyer with the purchase of an existing home and requires the execution of a Deed Restriction which permanently restricts the use of the resident to full-time residents working in Eagle County. Avon currently supports three deed restriction purchase programs to assist new home buyers, including: ¡Mi Casa Avon! provides a 12% match up to a maximum of $150,000 for a Resident Occupied Deed Restriction, which does not have an appreciation cap on the resale price. Goods Deeds Avon provides a 30% match in partnership with Eagle County up to a maximum of $375,000 for a Price Capped Deed Restriction, which limits the price appreciation on resale. This is contingent upon annual appropriations from Eagle County. MEHOP or Municipal Employee Housing Ownership Program provides a 30% match to Town of Avon employees up to $375,000 for a Price Capped Deed Restriction, which limits the price appreciation on resale and requires the resale to be to a Town of Avon employee or to the Town of Avon. Programs (Deed Restriction Purchases) Annual 10 Years Mi Casa Avon 8 80 Good Deeds 16 160 MEHOP 2.5 25 TOTAL 27 265 Policies Policies include regulations in the Avon Municipal Code that establish requirements to provide Community Housing, such as employee housing mitigation and inclusionary zoning, and incentives to provide Community Housing, such as Development Bonuses and tax and fee waivers. Policies also include existing and new dedicated revenue sources to support Community Housing. Existing Development Policies: The following Development Policies address planning, land use and development and are currently adopted and in effect: Mi Casa Avon Good Deeds MEHOP Page 11 of 34 1. Allowing Community Housing in all zone districts.1 2. Expediting and prioritizing review of Community Housing development applications.1 3. Employee Housing Mitigation to mitigate 20% of the employee housing demand created by a new development. 4. Tax and Fee waivers for Community Housing projects.1 5. Short Term Rental regulations that limit or prohibit short term rental licenses in designated areas of Avon. Short Term Rental use is monitored throughout Avon and is periodically assessed.1 6. Development Bonus process to allow greater building height, greater site coverage, reduced parking and reduced setbacks for Community Housing.1 7. 3-Mile plan that identifies the State Land Board property as eligible for annexation and planned for 100% of residential units to be zoned and developed for Community Housing.1 8. Seek collaboration and partnership with Eagle County, Town of Vail, Habitat for Humanity and other local government, non-profit and private sector regional partners. Based on existing Development Policies the following projection is provided for new Community Housing units that would result from new development: Policies Annual 10 Years Employee Mitigation/Dev Bonus/Inclusionary 5* 50 TOTAL 5 50 *Average Existing Revenue and Funding Policies: The following revenue and funding policies are currently adopted and in effect. 1. 2% Short Term Rental Excise Tax is dedicated to the Community Housing Fund.1 2. 10% of Avon’s 2% Real Estate Transfer Tax is dedicated to the Community Housing Fund.1 3. 4% Use Tax on Construction Materials is dedicated to the Community Housing Fund, subject to the prior agreements in the Village (at Avon) to remit the Use Tax revenue to Traer Creek Metropolitan District until such time as the Town of Avon has satisfied its tax credit obligations.1 4. Avon Downtown Development Authority is required to spend at least 50% of tax increment revenue on Community Housing.1 5. Council may consider and approve expenditures from the unrestricted General Fund reserve balance to support land acquisition and construction of Community Housing projects.1 6. Avon has “Opted-In” to Colorado’s Proposition 123 program, which makes Avon potentially eligible for state grants. Avon has applied for a waiver to allow Proposition 123 funding to be applied toward projects that serve up to 110% AMI.1 1 Meets DOLA’s Housing Action Plan Standard Affordability Strategies, Long Term Affordability Strategies, and/or Displacement Mitigation Strategies Page 12 of 34 New Development Code and Planning Policies to Promote Community Housing: New policies described below are not formally adopted by this Avon Community Housing Plan; rather, these policies are identified as appropriate for research and analysis by Council, appropriate citizen committees, the development community, and the general public through work sessions and public hearings. These policies for new residential development seek to maximize the percentage of Community Housing in new residential development to the extent economically and legally feasible. The Village (at Avon) Planned Unit Development has vested property rights which limit the applicability of new development policies that require increased Community Housing. 1.Employee Housing Mitigation: Consider increasing the required mitigation from 20% to 30% and reduce the maximum rent or sales price from 120% to 100% AMI. The purpose of this policy is to increase the number of Employee Housing Mitigation Units required by new development and to require such units to be more affordable. Clarify the Employee Housing Mitigation regulations to state that Community Housing units are not included in the Employee Housing Mitigation calculation. 2.Inclusionary Zoning 1: Consider adopting an Inclusionary Zoning requirement for the Town Core which requires up to 50% of new residential units to be Community Housing. Employee Housing Mitigation units that are required would be credited towards the required Community Housing allotment. The purpose of this policy is to increase Community Housing units in the mixed-use center of Avon where water rights exist to support increased density that can be most efficiently served with existing public infrastructure. 3.3-Mile Plan Annexations: Consider revisions to the 3-Mile Plan to include language to identify the desired and appropriate percentage of Community Housing units for new annexations that include residential development. The purpose of this policy is to maximize the percentage of new residential units associated with annexations in the 3-Mile Plan to the extent economically feasible. 4.Accessory Dwelling Units: Consider proposing legislation to revise Colorado Revised Statute § 38- 33.3-106.5, and other statutes as appropriate, to allow local authorization of accessory dwelling units for duplexes and townhomes in addition to single-family detached dwellings. If such legislation is adopted, then consider potential amendments to the Avon Development Code and potential amendment to Wildridge Planned Unit Development Plan and other areas in Avon as may be appropriate, to support and promote accessory dwelling units. New Revenue Policies for Consideration: 1.Seek potential new funding sources through the adoption of a Regional Housing Authority. Such revenues sources may include a Sales Tax, Use Tax, Property Tax and/or other revenue sources.2 2.Explore an increase to the Short Term Rental Tax based on review of peer communities.3.Support uniformity of dedicated taxes for Community Housing across different local government jurisdictions in Eagle County.2 4.Explore options to allow voter approval of new taxes dedicated to Community Housing through the state legislative process.2 5.Strive to increase the portfolio of affordable rental properties that generate positive cash flow which can then financially support each other and provide financial leverage to support future development of additional affordable rental properties.2 1 Inclusionary zoning is a municipal or county regulatory policy that requires or encourages real estate developers to set aside a specific percentage of newly constructed residential units for low- to moderate-income households. It is designed to create mixed- income communities and counteract exclusionary housing practices. 2Meets DOLA’s Housing Action Plan Standard Affordability Strategies, Long Term Affordability Strategies, and/or Displacement Mitigation Strategies. Page 13 of 34 Projects Programs Policies TOTAL 6.Discontinue the annual transfer of 10% of Avon’s 2% Real Estate Transfer Tax (RETT) revenues when new dedicated revenues for Community Housing are established. Avon’s anticipated capital improvements needs to maintain and construct public infrastructure for the next decade and beyond exceeds available RETT revenue. Ten Year Community Housing Goal The total Community Housing goal for the next ten years is summarized below. Fully implementing the projects and programs identified in this Plan will require additional financial resources. Future Community Housing Projection Future Community Housing beyond ten years is more speculative for planning purposes. The following potential opportunities are identified below. Additional Community Housing opportunities may arise through land acquisitions and public-Private partnerships. FUTURE - Long Range 10-20 years Project Name Units Type AMI Developer East Town Center Redevelopment 240 O-RO N/A TBD North River Parcel 200 O-RO N/A TBD State Land Board Parcels 396 TBD TBD TBD Forest Service (adjacent to North River) 100 O-RO NA TBD TOTAL 936 SUMMARY next 10 years Projects 750 Programs 265 Policies 50 TOTAL 1065 Page 14 of 34 Investment Guidelines Avon must invest limited financial resources wisely to meet the goals of this Community Housing Plan. The Town recognizes that Community Housing development opportunities are often specific and unique to an available property, potential partnerships, and financial parameters set by state and federal agencies; therefore, differences are expected between creating ideal projects that clearly meet all frameworks with the construction cost realities surrounding possible projects. This reality results in Community Housing programs and projects that may not be able to meet all the goals (next page). Rather, the following is intended to assist with the evaluation of proposed programs and projects. This list is not intended to be exhaustive, and additional considerations may be relevant. ♦Ensure that all Community Housing programs, policies, or projects align with the goals and objectives of the Comprehensive Plan and the Community Housing Plan. ♦Use Town of Avon investment in projects to bridge the financial gap between free market conditions and Community Housing economics, enabling programs or projects to move forward. ♦Encourage or incorporate resource conservation, energy efficiency, sustainable development, and climate action goals in programs or projects, as financially feasible. ♦Select locations for programs or projects that offer reasonable access to public services and amenities supporting full-time residential use, such as schools, parks, trails, transit, multi-modal transportation, job centers, neighborhood businesses, and other public services. ♦Attract and utilize financial participation from partners, including local governments, state and federal sources, non-profits, and Private investors, for each program or project. ♦Ensure that each program or project positively leverages the Town of Avon’s financial investment. Partnerships, Programs, and Strategies According to the 2025 Eagle County Regional Housing Needs Analysis, Eagle County’s existing Community Housing programs are not sufficient to address all the needs on the housing continuum (illustration, page 5). This is, in part, because the provision of extremely low-income, very low-income, low-income, and supportive housing is not typically supported by the private sector and requires a unique, often regional approach that includes leveraging partnerships, federal programs and funding, and regional strategies. As such, Avon participates in and/or supports partnerships, programs, and strategies aiming to provide housing for the lowest income brackets. Avon is supporting Community Housing through a combination of financing methods, including tax and fee waivers, the use of tax increment revenues from entities like the Avon URA and DDA, and active participation in State grant programs such as Prop 123. Avon has also (historically) employed unique financing tools like Private Activity Bonds (PABs) for certain projects (Buffalo Ridge and Kayak Crossing) where traditional municipal bonds may have been unavailable. Overall, Avon utilizes a variety of financial strategies, adapting to the various, changing circumstances and guidelines that support Community Housing initiatives. Page 15 of 34 THE ASPENS: COMMUNITY PRESERVATION Avon recognizes the importance of manufactured home communities, which offer a rare combination of density and affordability essential to Avon. Manufactured home communities (MHCs) provide residents with relatively affordable housing in the valley, and Avon is committed to preserving this option and supporting its residents. However, this is challenging because the land is privately owned and lacks protective covenants to ensure long-term preservation. Manufactured homes typically last 30 to 50 years. Without regular maintenance and energy efficiency upgrades, these homes are less resilient to extreme weather and consume more energy. According to the 2025 Eagle County Regional Housing Needs Analysis, manufactured home residents in Eagle County reported experiencing housing insecurity as a result of not owning the land beneath their homes, rising lot rents, high utility bills (particularly heating), and lack of access to programs and resources available to other homeowners (e.g., financial aid for home repairs).Replacing older units is costly and technically challenging. Avon needs programs to preserve this vital affordable housing, starting by acknowledging the significance of the Aspens community, and the need for its preservation. Preserving manufactured home parks in Colorado usually involves a combination of legislative protections and local government action to address rising land values and private equity redevelopment. Since mobile homes are often permanent structures on rented land, these communities are vulnerable to displacement and predatory rent increases. As land becomes scarcer, affordable sites risk being converted into luxury developments. The City of Boulder mobilizes resources to preserve mobile home parks (MHPs) as vital affordable housing. Key efforts prioritize resident ownership, public-private partnerships, and infrastructure stabilization to combat displacement and address water safety concern. READ MORE Preserving Affordable Housing: How Boulder Supports Manufactured Home Communities – Article 2024 Page 16 of 34 POSSIBLE PROTECTIVE PATHWAYS The Town of Avon is committed to exploring caring, forward-thinking partnerships with landowners who are considering the redevelopment of valued community assets such as The Aspens. We believe in innovative solutions to preserve our most treasured and unique areas, ensuring these spaces are available for future generations. With empathy and collaboration values at the forefront, we can work together to protect what makes our community special. Additionally, the following outlines further protective pathways to explore or implement: 1. Encourage The Aspens to Form a Resident-Owned Cooperative Avon should encourage the Aspens to consider becoming a Resident-Owned Cooperative (ROC) which transitions a park into a Resident-Owned Community – a priority standard for long-term preservation. Colorado law grants residents the "right of first refusal," requiring park owners to give homeowners notice of a pending sale and an opportunity to match third-party corporate offers. Non- profits like Thistle Communities and ROC USA step in to help communities organize, navigate multi- million dollar real estate transactions, and secure low-interest financing. Avon could require by code that park owners must provide ample public notice (e.g., 90 to 180 days) to residents and local municipalities before putting the park on the market. 2. Public Purchase Under Colorado state law, park residents can assign their statutory right of first refusal to a local housing authority, non-profit housing provider, or land trust. Avon has a Housing Authority that could be used for this purpose. Avon could also codify the right for local housing authorities, municipalities, or resident-owned cooperatives to match offers to purchase the land, preventing sudden sell-offs to corporate developers. Local housing authorities occasionally purchase parks outright to assume immediate management, stabilize rents, and absorb the initial infrastructure risks before eventually transitioning control back to the residents. 3. Regulatory Protections – Avon Municipal Code With State mandates requiring landlords who plan to close or rezone a park for redevelopment to financially compensate displaced tenants for their relocation costs, Avon could also require the loss of actual units by having density levels and affordability be a condition of rezoning of any zone district with existing “naturally occurring affordable units” or “NOAHs”. This can be done by either creating a zoning overlay that restricts the land from redeveloping into luxury or traditional apartment complexes without displacement mitigation, or, a new anti-displacement of Community Housing provision where any loss of deed restricted or perceived Community Housing units will require replacement of these units lost, while maintaining the same AMI levels as was in place prior to redevelopment. Outside of the Avon Community Housing Plan, the foundational Comprehensive Plan can be updated to create a specific district for the Aspens that goes beyond its affordable housing values to recognize and memorialize it as a distinct planning area. This new district may include design aspirations and future planning goals as they relate to maintenance, preservation and general land use. Page 17 of 34 APPENDIX A: HOUSING PROJECTS Community Housing Projects Appendix A – This appendix describes specific, new construction opportunities slated for Avon Community Housing projects. These projects have been contemplated and evaluated by Avon over several years and are the most likely to come to fruition once potential funding and investment opportunities become tangible. Each potential project is described on its own page which includes a basic description of the property, project goals, infrastructure and entitlements. Page 18 of 34 AVON NORTH Wildwood Annex Legal Description: WILDRIDGE SUBDIVISION Tract: N Wildwood Road Area in yellow is the developable portion of Tract N Property Size 1.0 Acre Zoning Wildridge PUD – Public Facility Designation Ownership Town of Avon Project Goals 12 three-bedroom condominiums, Ownership Infrastructure Extension of water and sewer to serve this property is required for development. Entitlement Development approval requires an amendment to the Wildridge Planned Unit Development to change the PUD Public Facility designation to an appropriate Community Housing zone district designation, subdivision to create the specific development parcel, and Avon voter approval to authorize the sale of the Community Housing units. Above: Basic Concept Evaluation Existing Site and Conditions Page 19 of 34 AVON NORTH Hidden Valley Estates HIDDEN VALLEY ESTATES Legal Description: HIDDEN VALLEY ESTATES SUBDIVISION Metcalf Road Property Size 7.2 Acres Industrial, with permitted use of Community Housing Zoning Light Industrial & Commercial Ownership Private Project Goals Development of a mix of 54 deed restricted townhomes/duplexes Infrastructure Infrastructure to support development has been installed Entitlements Avon approved a Development Agreement for the site Above Photo: 2026 Page 20 of 34 AVON TOWN CENTER The Sun Road Redevelopment Area 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 present a unique opportunity for a high-quality redevelopment project that incorporates residential density into the Town Core. 91 Beaver Creek Place is located in the East Town Center subarea. This plan is currently being updated. This East Town Center 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, the Sun Road Redevelopment 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, and redevelopment of this area presents a unique opportunity to guide and support high density development to achieve many community goals. Slopeside, is not within either plan. However, its juxtaposition in the area of these two subareas is complimentary in that Slopeside will be a walkable neighborhood, slated as workforce housing. Page 21 of 34 1.Sun Road Redevelopment Area Legal Description: SUN ROAD REDEVELOPMENT AREA Sun Road/West Beaver Creek Blvd Property Size 5.4 Acres Zoning Town Center Ownership Mixed Private and Town of Avon Project Goals A mixed-use, transit-oriented redevelopment project with 70,000+ sq.ft. of ground floor commercial space and 150-300 deed restricted Community Housing units Infrastructure Infrastructure to support development is available Entitlements Development will require review of a Development Plan and a potential Density Bonus application. Sun Road Redevelopment Area 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 present a unique opportunity for a high-quality redevelopment project that incorporates residential density into the Town Core. READ THE FULL PLAN - LINK Page 22 of 34 2.91 Beaver Creek Place (North Court) Legal Description: 91 BEAVER CREEK PLACE – BENCHMARK AT BEAVER CREEK LOT Beaver Creek Plaza Property Size 0.57 acres or 24,829.2 sq. ft Acres Zoning 91 Beaver Creek Point: Shopping Center (Retired) (Sc) Ownership Town of Avon Project Goals A mixed-use, 3-4 story building with ground level commercial and ~20-30 deed restricted housing units above Infrastructure Infrastructure to support development is available Entitlements Development will require a zone change to Community Housing, Mixed-use 91 Beaver Creek Place The 0.57-acre property is located in the East Town Center area. The property currently has a small commercial building, with opportunities for local businesses to lease until redevelopment occurs. Acquisition of this property presents a significant opportunity for future Community Housing units. The East Town Center District Plan anticipates redevelopment efforts that would increase residential density within the area. The Town of Avon possesses adequate water rights to support higher-density development in the Town Core and currently provides this property with access to Avon’s complimentary transit services. The building itself is not in adequate condition for reuse, offering future owners the opportunity for newly constructed deed-restricted residences. Page 23 of 34 3.Slopeside Community Housing Legal Description: SLOPESIDE COMMUNITY HOUSING SITE – BENCHMARK AT BEAVER CREEK TRACT Y & SWIFT GULCH ADDITION LOT 2 Swift Gulch Road Property Size 3.41 ac and 1.43 ac. Totals: 4.8 ac or 210,830.4 sq. ft Zoning Community Housing High Density (CHHD-1) and allocated Public Facilities (East parcel) Ownership Town of Avon Project Goals Residential rental project of 106 units targeted at 80-100% AMI Infrastructure Infrastructure to support development is available Entitlements Development will require a zone change on the east parcel from to CHHD-1 (same as the west parcel); consolidation of the two parcels into one parcel through a Subdivision Amendment Slopeside The Future Land Use Map in the Avon Comprehensive Plan highlights these properties as both a gateway into Avon and a cornerstone property for Community Housing. Once envisioned for 105 homes, the site was later transformed—its west parcel preserved for open space, landscaping, and drainage (”OLD”), while the east parcel was set aside for public use (Civic/Public Facility within the Swift Gulch Addition PUD). Today, these parcels offer more than just land: they feature a key stretch of the pedestrian and bike trail connecting Avon Road to Post Blvd, alongside the historic Nottingham Puder Ditch. Now, Slopeside is poised to shape the community’s future with a bold proposal for a 106-unit Community Housing development that will reinvigorate this walkable area and address critical housing needs. Page 24 of 34 Village (At Avon) PUD Proposed Community Housing Sites 2026 The Village (at Avon) area presents valuable housing opportunities for both rental and ownership projects. CH1 and CH2 are both flat properties that contain all necessary unitalities in close proximity. With zoning secured for these sites via a PUD amendment in 2026, the design of projects can commence. Development of the East Avon Preserve is dependent on significant coordination for access and water service by future water tank(s) above the property. The timeframe for developing the East Avon Preserve is dependent on adjacent development, which triggers the implementation of a new water tank, making the timeframe much longer than CH1 and CH2. However, this site may open up the availability for the construction of a housing type no slated for any other Avon project. That being, possible duplex and or single family units (or a mix thereof). Page 25 of 34 1.Village (at Avon) – CH1 Community Housing Site Legal Description: CH1 – Lot 8, VILLAGE (AT AVON ) PUD East Beaver Creek Blvd. Property Size Approximately 1 acre * See Entitlement Needs below Zoning CH1 – Community Housing Per PUD Ownership Town of Avon Project Goals Within the Village (at Avon) and adjacent within the East Avon Preserve, create a variety of dedicated Community Housing Units with ownership and rental opportunities Infrastructure Infrastructure to support development is available Entitlements This development will need an amended plat to define this property and separate it from the neighboring Childcare Center property. Design Review approval by Village (at Avon) DRB Village (at Avon) 2026 – CH1/Lot 8, Future Community Housing Formally Lot 8, Planning Area F, this property has been conveyed to the Town of Avon by the Village (at Avon) as a condition of a joint PUD amendment application. The amendment changed the allocation of Lot 8 from PA-F (the same uses as permitted on the Piedmont parcel) to CH1 (Community Housing). Avon anticipates approximately 24 condominium units are possible for this property (see very basic analysis above), although an in depth site analysis has not been explored for development on this property. Staff performed a ‘fit’ exercise to show a 80’x180’ footprint (14,400 sq.ft.) condominium building that could serve units on two sides of a central corridor or drive path. Further design work and conceptual designs are required to confirm general layout and programming. The design plans will ultimately be reviewed by the Village (at Avon) Design Review Board. Page 26 of 34 3. Village (at Avon) – CH2 Community Housing Site: “Avondale” Legal Description: CH2 – Lot 5, VILLAGE (AT AVON ) PUD Yoder Avenue Property Size Approximately 3 acres * See Entitlement Needs below Zoning CH1 – Community Housing Per PUD Ownership Town of Avon Project Goals Within the Village (at Avon) and adjacent within the East Avon Preserve, create a variety of dedicated Community Housing Units with ownership and rental opportunities Infrastructure Infrastructure to support development is available Entitlements This development will need an amended plat to define this property and separate it from the neighboring Childcare Center property. Design Review approval by Village (at Avon) DRB Village (at Avon) 2026 – CH2/Lot 5, Avondale Apartments Community Housing Council provided direction in early 2023 to proceed with due diligence for a Community Housing project on this property owned by Avon. This resulted in the creation of the “Avondale Apartments” community housing project, on Lot 5, a Town-owned property previously designated for Public Facilities within the Village (at Avon) PUD. Adjacent to Home Depot at the end of Yoder Ave. Much like the amendment for Lot 8 to CH1, Avon proposed updating Lot 5’s designation to reflect its intended primary use as Community Housing, replacing the Public Facilities language but still permitting other public uses. Lot 5 is designated as Community Housing (CH2) within the PUD, providing clear guidance for this use. The zoning for CH2 now permits up to 40 units and up to a 60’ building height. Design plans will be developed for this rental project, and presented to the Village (at Avon) Design Review Board for approval. Page 27 of 34 2. East Avon Preserve EAST AVON PRESERVE - Unplatted Wagon Trail Road Property Size 37.357 acres with 7-15 Acres (of potential development area) Zoning Public Facilities Ownership Town of Avon Project Goals Development of 100+ Community Housing units Infrastructure Construction of new water storage tank is required Entitlements Rezoning appropriate portions of the property to Community Housing, subdivision/platting The East Avon Preserve Parcel ("EAP") totals 85.99 acres and consists of two parcels. Avon acquired the EAP in 2013 from the United States Government through a Multi-Party Land Exchange agreement. Avon and Eagle County entered into an Intergovernmental Agreement, referring to the East Avon Preserve Parcel as the "Village Parcel." The agreement states that once the boundaries for “affordable housing” and community facilities are set and the road and trail alignments are determined, Avon will grant a conservation easement to a mutually acceptable land trust on the remaining acreage. The area was zoned Public Facilities (“PF”) when it was acquired. Avon’s plans identified the upper northeast corner as an area for potential housing. A slope analysis was conducted in 2022 slope analysis and a more refined potential development areas were identified (shown in the image above). Additional planning analysis is required to determine if additional area may be potentially developed for Community Housing and if wastewater infrastructure can serve additional density. Potential Housing Site Potential Housing Site Page 28 of 34 State Land Board Legal Description: UNPLATTED; DOWD JUNCTION Highway 6, Eagle-Vail Property Size 71 Acres Zoning General Commercial and Resource per Eagle County land use code Ownership State Land Board Project Goals 300 Community Housing units, developed in phases with an early phase of 100 units between US6 and the Eagle River and future phase of 200 units on the north side of the Eagle River Infrastructure Infrastructure exists on the south side of Eagle River for first phase. Significant infrastructure is required to extend utilities and vehicle access to the north side of the Eagle River. Entitlement Needs Annexation into the Town of Avon, zoning, and subdivision Page 29 of 34 APPENDIX B: IMPLEMENTED COMMUNITY HOUSING STRATEGIES History of Accomplishments ♦ Ordinance 2019-01, Community Housing Incentives for Sales Tax and Fee Waivers ♦ Ordinance 2019-03, Inclusionary Housing regulations to include mitigation for new multi-family and commercial developments. ♦ Ordinance 2019-06, Industrial Commercial Zone District Amendments to permit Community Housing as a Use by Right. ♦ 2 Deed Restricted for sale units constructed at One Waterfront Way. ♦ Council Resolution 2020-25, Approving Fee Waivers and Deed Restrictions for 9 Rental Units at 77 Metcalf. ♦ 1 Resident Occupied Deed Restricted for sale unit at Riverfront Lodge. ♦ Resolution 20-15, implementing the Mi Casa Avon Deed Restriction program. There have been 57 Mi Casa Avon deed restrictions recorded on free market units. ♦ 2 Resident Occupied Deed Restricted Units at Frontgate. ♦ Council Resolution 2021-08, Approving Fee Waivers for Capital Improvement Project at 1011 West Wildwood Road. ♦ Ordinance 21-13 Amending the Avon Community Housing Plan. ♦ Council Resolution 2021-20, Approving Short-Term Rental Tax Ballot Question for Community Housing funding. ♦ Purchase of Metcalf Lofts G20 for use as Employee Housing. ♦ 2023, created a full-time Housing Planner position. ♦ Ordinance 23-18, adopting All Electric, Net Zero Energy Use Policy for Community Housing Projects. ♦ Ordinance 23-30, The Avon Community Housing Policies (circa 1990/1991) were replaced in their entirety in 2023. ♦ 4% Use Tax on construction and building materials passed by voters in November 2024, funding Community Housing. ♦ Ordinance 24-01, creating Community Housing Zone District. ♦ Ordinance 24-04, Rezoned Tract Y from OLD to Community Housing High Density-1. ♦ Resolution 24-10, Employee Housing Plan implemented. ♦ Downtown Development Authority formed with a portion of funds allocated to Community Housing. ♦ 2024, Recipient of DOLA’s Local Capacity Planning Grant in the amount of $160,000 to investigate the feasibility of a Multijurisdictional Housing Authority. Page 30 of 34 ♦One (1) Resident Occupied Deed Restricted Unit constructed at Kestrel. ♦Ordinance 25-01, The Avon Community Housing Policies updated. ♦Purchase of 3008 Wildridge Rd 1A for use as Employee Housing. ♦Resolution 25-13, approving the purchase of 15 Sun Rd for eventual redevelopment, inclusive of Community Housing. ♦2025: Replacement Price Capped Deed Restriction is available for units with old deed restrictions that do not reflect current practices, policies, and provisions. The new version offers updated Permitted Capital Improvements for owners as a predominant upgrade. ♦Eagle County Regional Housing Needs Analysis was completed in 2025. ♦Partnership with Eagle County for Good Deeds Avon, offering buyers a 30% cash payment in exchange for recording a Price Capped Deed Restriction on a free market home at closing. ♦10 Good Deeds Avon Price Capped Deed Restricted Units in Avon in 2025. ♦Resolution 26-01, approving the purchase of 91 Beaver Creek Place for eventual redevelopment, inclusive of Community Housing ♦Ordinance 26-02, approving Village (at Avon) PUD Amendment, permitting Community Housing on CH1 and CH2 including the conveyance of CH1 to the Town of Avon. Page 31 of 34 APPENDIX C: INCOMES Area Median Income for Eagle County in 2026 Affordable Home Calculation by AMI, 2026 Affordable purchase prices were calculated assuming that a household would have 10% for a down payment and would qualify for a loan at 30% of their monthly income. HOA, property taxes and insurance of 20% were included in Mortgage Amount. The Maximum Mortgage assumes an interest rate of 6.51%, which is Freddie Mac's historical average over the past 30 years for a 30-year fixed rate mortgage. Interest rates have risen since 2023, adversely impacting affordability. Household Size 1 2 3 4 5 6 AMI Classifications 30% AMI (Extremely Low)29,130$ 33,300$ 37,470$ 41,610$ 44,940$ 48,270$ 50% AMI (Very Low)48,550$ 55,500$ 62,450$ 69,350$ 74,900$ 80,450$ 60% AMI (LIHTC Maximum)58,260$ 66,600$ 74,940$ 83,220$ 89,880$ 96,540$ 80% AMI (Low)77,680$ 88,800$ 99,920$ 110,960$ 119,840$ 128,720$ 100% AMI (Median)97,100$ 111,000$ 124,900$ 138,700$ 149,800$ 160,900$ 120% AMI 116,520$ 133,200$ 149,880$ 166,440$ 179,760$ 193,080$ 140% AMI (Moderate)135,940$ 155,400$ 174,860$ 194,180$ 209,720$ 225,260$ AMI%30% 60% 80% 100% 120% 140% Household Income - 2 persons 33,300$ 66,600$ 88,800$ 111,000$ 143,880$ 155,400$ Affordable Monthly Payment (30%)833$ 1,665$ 2,220$ 2,775$ 3,597$ 3,885$ HOA, taxes, insurance (20% of pmt)167$ 333$ 444$ 555$ 719$ 777$ Maximum Mortgage Payment 666$ 1,332$ 1,776$ 2,220$ 2,878$ 3,108$ Maximum Mortgage Amount 122,765$ 245,530$ 327,373$ 409,217$ 530,433$ 572,903$ Less: Closing Costs 1.5%(1,841)$ (3,683)$ (4,911)$ (6,138)$ (7,956)$ (8,594)$ Plus: Down Payment 10%12,276$ 24,553$ 32,737$ 40,922$ 53,043$ 57,290$ Maximum Purchase Price 133,200$ 266,400$ 355,200$ 444,000$ 575,520$ 621,600$ Freddie Mac 30 year historical average 6.51%6.51% interest rate 5/21/2026 Affordable Rent 833$ 1,665$ 2,220$ 2,775$ 3,597$ 3,885$ Page 32 of 34 APPENDIX D: Definitions & Best Practices Topic Process, Method, or Frequency Definition Jurisdiction Inclusionary Housing Either Recommended (e.g., Eagle County) or Required ( e.g., Eagle) A percentage of residential units in new subdivisions/ PUDs are restricted for workforce housing. Carbondale, Eagle, Eagle County, San Miguel County, Eagle, Crested Butte Employee Linkage/ Mitigation Typically Required in Codes New residential and/or commercial development to contribute to workforce housing relative to demand generated by the new construction. For residential, mitigation rate often increases based on square footage, and deed restricted units are typically exempt. Fees in lieu provide revenue stream that fluctuates with building activity. Documented relationship between fee and impact required. Avon, Telluride, Aspen, Mt. Crested Butte, Vail Fee Waivers Available – Development Specific Water/sewer tap fees, building permit or other fees waived in part or whole to reduce cost to build affordable housing. General funds or other source need to cover cost of fees waived. Avon, Breckenridge, Crested Butte, Eagle County, Vail Dedicated Funding Source Varies Funding is a core component of building housing and running successful housing programs. Few programs begin with funding; rather, finding funding is an incremental process that goes hand in hand with creating goals and objectives, developing policies, securing appropriate land for housing, and moving forward with public/Private partnerships. Dedicated funding sources take many forms including grants, fee in lieu payments, taxes, voluntary assessments, proceeds from rents or sales. Avon, Summit County, Steamboat Springs, Crested Butte, Aspen, Telluride Public/Private Partnerships Common Partnering with developers to build attainable units, typically on publicly owned sites, or using other public resources such as property tax exemption. RFQ/RFP process effective for selecting development partners. Ownership of land can be retained with long-term land leases to operators. Avon, Eagle County, Vail, Breckenridge, Boulder Qualified Employee / Eligible Household Typically Required and Vetted by Jurisdiction An individual who is an employee working in Eagle County who works an average of at least thirty (30) hours per week on an annual basis or earns seventy-five percent (75%) of his or her income and earnings by working in Eagle County; or a retired individual, sixty (60) years or older, who has worked a minimum of five (5) years in Eagle County for an average of at least thirty (30) hours per week on an annual basis; or a person who derives income from self-employment whose Avon, Vail, Eagle, Eagle County Page 33 of 34 Additional Terms and Definitions can be found in the Avon Comprehensive Plan and Avon Community Housing Policies. Click on LINKED IMAGES right for documents Community Housing Programs: ¡Mi Casa Avon! is a program to incentivize prospective homebuyers to place a deed restriction on their property to ensure more permanent residents have an opportunity to purchase homes within Avon. There is no price appreciation cap on a ¡Mi Casa Avon! Deed Restriction. This deed restriction is an agreement between you, the new homebuyer, and the Town of Avon that limits the use of your property. In this case, the deed restriction limits Eagle County employees' ownership and use of the property. In exchange for the deed restriction, the Town of Avon pays you a lump sum through the ¡Mi Casa Avon! Program to help offset the purchase price. Good Deeds Avon is the first partnership launched under Housing Eagle County’s Community Partner Program, co- designed with the Town of Avon to set a new standard for regional collaboration. Avon’s investment is matched one- to-one by the Eagle County Housing and Development Authority (ECHDA), providing up to a 30% buy-down of the purchase price on eligible open-market homes within Avon’s jurisdictional boundary. Municipal Employee Home Ownership Program ("MEHOP") is a payment assistance program for Avon Employees to support home ownership whereby the Town will provide up to 30% of the purchase price of a home in exchange for recording a price capped deed restriction on an open market property. Avon Council adopted the Town of Avon Municipal Employee Housing Plan in 2024 setting goals to provide more housing and approved a deed restriction purchase program to help Town of Avon Employees purchase an affordable home. Topic Process, Method, or Frequency Definition Jurisdiction business is situated in Eagle County; or a person who works for an employer outside Eagle County if that person can demonstrate that the residence subject to this deed restriction is the primary residence for that person Buy Down of Market Homes Usually involves buying down units with public funds through deed restrictions imposed for permanent affordability. Avon, Eagle County, Eagle, Vail, Breckenridge, Whitefish MT, Telluride No Net Loss Policy Typically Required in Code Requiring replacement of housing occupied by the workforce when redevelopment occurs. Similarly priced units should be replaced on site, or another site, or a fee-in-lieu of replacement could be allowed. Boulder, Basalt Page 34 of 34 APPENDIX E: HOUSING NEEDS ANALYSIS 2025 Eagle County Regional Housing Needs Analysis 6 6 Pathway https://www.avon.org/DocumentCenter/View/25670/2025-EC-Regional-Housing-Needs-Assessment---Final?bidId= Page 1 of 8 TO: Honorable Mayor Tamra N. Underwood and Council Members FROM: Eric Heil, Town Manager, Paul Redmond, Chief Finance Officer, and Eva Wilson, Town Engineer RE: 2027 Capital Improvements Projects DATE: August 31, 2026 SUMMARY: This report presents the draft of the 2027 Capital Improvement Project (“CIP”) Fund and provides an opportunity to review the long-range Capital Improvements Project Plan (“CIP Plan”). This report estimates available revenues, describes CIP Plan policies, and introduces projects and options to the Council. The 2027 CIP Plan includes two significant projects, including: •Recreation Center Aquatics Renovation ($8.4 Million) •Pedestrian Mall Extension ($6.5 Millon) The Recreation Center Aquatics Renovation is a significant cost that was not anticipated several years ago. The addition of this project along with the Pedestrian Mall Extension presents cash flow challenges which would require the Pedestrian Mall Extension and other planned capital improvements projects to be deferred by two to three years if all projects are scheduled on a CIP cash flow basis. Staff is presenting and recommending short-term financing (10 years or less) through a local bank for the Aquatics Renovation as a financial solution to proceed with this project as well as other planned projects for the next five years. This strategy presents an integrated approach that reflects available resources, operational workload, and the design and construction schedules necessary for successful project delivery, (see Table I below). If the Aquatics Renovation is not financed, then the following projects will need to be deferred as described below to fit the available CIP cash flow. Table I – CIP Project Timeline Staff will propose amendments to the 5-Year CIP to incorporate eligible projects as grant funding opportunities become available and funding is secured. REQUESTED COUNCIL DIRECTION: Council discussion and direction is requested on the DRAFT 2027 CIP Plan. There are new projects, including several projects that require planning and design before there is a more accurate estimate of construction costs. # Project Amount Year Change 1 State Land 2,709,177 Not Paid From CIP 2 Post Blvd Overlay Design 250,000 2027 to 2028 3 Pos t Blvd Ped Beacons 500,000 2027 to 2028 4 Ped Mall Extension 6,500,000 2027 to 2029 5 HAN Irrigation System Construction 2,000,000 2028 to 2030 6 Wildridge Road Overlay 2,260,000 2029 to 2030 7 West Wildwood East West Road 1,513,973 2030 to 2031 8 Mountain Star South 443,448 2031 to 2032 9 Wildridge Road E 658,540 2031 to 2032 Page 2 of 8 CIP POLICIES: The following policies apply to the budgeting of capital projects and related CIP Fund: Priority #1: maintain the existing public improvements and address any public safety concerns that require immediate attention. Priority #2: maintain a minimum $2,000,000 balance in the CIP fund for emergencies and unplanned capital improvement expenditures that cannot be deferred. The minimum balance had been $1,000,000 for many years (at least since 2008). Staff is proposing to update this minimum balance to $2,000,000 due to the significant inflation in construction costs. Other Priorities:  Fund new projects as funding is available.  Eligible expenditures include construction of public improvements or acquisition of tangible assets with a life expectancy of at least 5 years.  When General Fund resources are sufficient, tangible asset acquisitions, typically those under $100,000, are funded through the General Fund. In years when balancing the General Fund is more challenging, as is the case this year, a greater share of these smaller capital purchases is funded through the CIP Fund. REVENUES: Revenue sources include the Town’s 2% Real Estate Transfer Tax (RETT), transfers from the Avon Urban Renewal Authority and Community Housing Fund, unrestricted General Fund reserves, grant funding, and occasional cash-in-lieu payments associated with development projects. RETT: RETT Revenues are projected to increase $5.8 million. This increase projects the RETT revenue from the Kestrel closings in 2027. Revenues that exceed the annual budget projection carry forward to the fund balance the next year. Currently, the RETT Revenues are funding three (3) separate Certificates of Deposits (“COPS”), these include Street Improvements (Terms in 2029), Public Safety Building (Terms in 2031) and the ARTF Building (Terms in 2030). Below is a chart of the Debt to Revenue Ratio (see Table II) for the CIP over the next several years. Table II – Debt to Revenue Ratio 2026 2027 2028 2029 2030 2031 2032 2014B COPS (Street Improvements 317,304 318,820 320,033 319,393 - - - 2016 COPS (Public Safety Bldg)495,625 444,125 445,925 442,125 442,925 443,125 - 2020 Refunding COPS (ARTF)190,341 191,139 191,900 191,624 191,324 - - Potential Recreation Center COPS - - 1,043,150 1,043,150 1,043,150 1,043,125 1,043,150 Total Debt Payments 953,270 954,084 2,001,008 1,996,292 1,677,399 1,486,275 1,043,150 Total RETT 5,000,000 5,150,000 5,304,500 5,463,635 5,627,544 5,796,370 5,970,261 Percentage of Debt to Revenue 19%19%38%37%30%26%17% Page 3 of 8 Avon Urban Renewal Authority: The Avon Urban Renewal Area (“AURA”) projects $1,900,000 available after debt service payments in 2027, (see Table III below). Available funds can be used for eligible capital improvements within the West Avon Investment Plan area (west of Avon Road, north of Eagle River, east of Avon Elementary). The West Avon Urban Renewal Plan broadly authorizes the expenditure of URA funds for various public improvements in this West Town Center area. Staff tracks the amount of AURA funds that are spent and where it is spent verifying and documenting compliance with the authorized use of the AURA funds. Table III – AURA Financial Plan TIF REVENUES 2,900,000.00 Debt Payments from URA: Lake Street Debt Annual Payment (248,082.62) Town Hall Debt Annual Payment (500,467.00) Available Funds 2,151,450.38 TRANSFER TO CIP 1,900,000.00 Fund Balance - W Town Center Projections 1,642,271.65 AURA SUPPORTED PROJECTS Rec center door replacement 80,000.00 Fire Alarm System Replacement 50,000.00 Flat Roof 150,000.00 Bldg 351 - Rehab/Demo 600,000.00 PSF Security Systems (access)155,000.00 PSF HVAC BAS 75,000.00 HAN Park Bollards 110,000.00 HAN Park Sediment Pond Trail 150,000.00 Pavilion Green Room Door Replacement 60,000.00 Avon Station Bollards and Concrete 40,000.00 Avon Station Redesign 250,000.00 351 Benchmark Park/Parking Improvements (Design 140,000.00 Total Projects 1,860,000.00 Ending Fund Balance 1,682,271.65 2027 Page 4 of 8 AVAILABLE REVENUE: The CIP fund consists of revenue sources listed in Summary Table IV: Table IV – CIP Revenue Sources NOTE: Based on the most recent cost estimates for renovation of the Recreation Center Aquatics area, Staff is proposing to finance $8.5 million over a ten-year period. Capital Projects Scheduling: Capital improvement project costs are most effectively reduced through thorough planning and design before construction bidding. Effective cost management requires planning and design in the first year, followed by bidding and construction the next, due to construction cycles and high demand. Capital projects area also scheduled to be realistic and professionally manageable for Engineering Staff. Construction projects require oversight and monitoring by engineering Staff at a minimum and projects that are led and administered by Avon require significant time commitment by Engineering Staff. Year-End Fund Balance: The year-end unreserved fund balance of the CIP fund is budgeted to stay above $2,000,000 ensuring a stable cash flow for unexpected projects. The year-end fund balances for the 5-year Capital Projects Fund are summarized below: STATUS OF 2026 CIP PROJECTS AND ROLLOVERS TO 2026. Project Execution: Staff have completed 34 CIP projects worth over $17,413,350 in construction and are managing an additional 8 projects worth approximately $25,000,000 in design and construction. Inflation in construction costs continues to impact project execution. The use of contract support such as Owner Representatives and Construction Management helped support the surges/peaks of project management in 2026. Project Cost Estimating: Project cost estimates become more accurate and reliable as a project advances from the planning phase to schematic design and ultimately to design completion. During the early phases of a project, contingencies are added based on the complexity of the project. The typical project cost estimating is described in the following phases: • Planning Cost Estimate: Project at conceptual stage. No site investigation. Contingency: 25% to 50% • Schematic Design: Facility layout/square footage/dimensions known. Desired amenities known. No site investigation. Contingency: 10%-30% CIP REVENUES for 2027 Real Estate Transfer Tax $ 5,810,000.00 Real Estate Transfer Tax interest earnings $ 200,000.00 CDOT Transit Bus Grant $ 2,799,956.00 CDOT Transit Grant 2025/6 Bus Charging Equipment $ 384,000.00 CEO Grant - DCFC Plaza Grant (LM - $319,900) $ 560,000.00 CDOT Highway Safety Improvement Grant (Post Blvd - RRFB) $ 425,000.00 Financing Aquactics Refurbishment $ 8,500,000.00 Avon Urban Renewal Authority $ 1,900,000.00 TOTAL Projected Revenues $ 20,578,956.00 Projected Unreserved Fund Balance 2026 $ 10,767,795.38 TOTAL AVAILABLE FUNDS for 2027 $ 31,346,751.38 Potential CIP Expenditures in 2027 $(27,472,106.00) Projected Fund Balance for 2027 3,874,645.38$ Page 5 of 8 • Design Complete: As design progresses from 30%, 60%, and 90%, to design complete, cost estimates will assist/direct the design based on affordability. Utilities and site investigation/testing completed. Construction-ready documents. Contingency: 0% - 10% Project Solicitation Process: The Town of Avon uses Bidnet Direct for formal solicitations for design and construction services. In addition, local and established contractors with a positive history are contacted. For smaller projects, typically below $50,000, Staff contacts local and established contractors with a positive history for at least three (3) bids. Typically, the best time of the year to solicit projects is October and November when contractors start planning and filling their next year’s work plan. Table V - 2026 CIP: Parks & Open Space: Active | Completed | Anticipated Completed Current Budget Project #Capital Improvement Projects 2026 PARKS AND OPEN SPACE HAN Nottingham Park 11025 H.A. Nottingham Park East Improvements**4,926,552 1,558,670 21064 Park Water Fountain Replacement*98,000 58,089 15044 Art Pedestal Repairs and Solar Light Install 75,000 61,860 15046 HAN Pavilion - Remove Rust and Paint 20,000 20,000 21071 Pavilion emergency back up 15,000 15,000 15025 Metcalf Cabin Relocation 20,000 20,000 O'Neal Spur Park 21057 O'Neal Spur Park Parking Lot Rebuild*100,000 100,000 21027 O'Neal Spur Park Improvements Design 20,000 20,000 Traer Creek Parks 34049 Traer Creek Apt - P1 250,000 250,000 Eaglbend Park 21066 Eaglebend Park Improvements*890,000 138,019 Irrigation Repairs 21065 Irrigation System and Landscape Design*80,000 80,000 Trails 34048 West Avon Preserve Trail Repair 35,000 35,000 Saddleridge Park 21063 Saddle ridge Park Refresh 100,000 100,000 Pedestiran Mall 31044 Pedestrian Mall Extension 6,700,000 163,400 M isc 15055 Relocate Nottingham Historic Shed 50,000 50,000 21054 Wildland Fire Mitigation 120,000 40,000 31053 Post Blbd Irrigation and Boulders 20,000 20,000 Total Project Budget Page 6 of 8 Table VI - 2026 CIP: Facilities: Active | Completed | Anticipated Completed Table VII - 2026 CIP: Streets & Parking: Active | Completed | Anticipated Completed Current Budget Project #Capital Improvement Projects 2026 FACILITIES ATRF 14024 ARTF - BAS / HVAC PM 165,000 165,000 14033 Upgrading ARTF meeting room 13,500 13,500 14034 ARTF roof repairs 50,000 50,000 14035 ARTF Bus Wash Replumbing 15,000 15,000 19015 Heat exchangers/pumps for heat recovery system 100,000 100,000 70001 Sun Road Development Match 40,000 40,000 Recreation Center 15052 Rec Center Surveillance Camera Replacements 60,000 8,909 15040 Rec Center Roof Repairs 10,000 10,000 15038 Rec Center Building Key Card Access 62,650 33,033 15049 Fitness Area Floor Replacement 110,000 110,000 15054 Avon Rec center Hot Water Holding Tank replacement 45,000 45,000 15056 Coax Cable 15,000 15,000 15053 Rec Center Aquatics Refurbishment 8,500,000 - Fleet Builidng 14031 Fleet Wash Bay Lift 300,000 300,000 14010 Fleet Maintenance EPDM Roof Replacement 460,000 460,000 14030 Fleet Heating Replacement 400,000 363,600 Facility Office Shop 13016 Bldg 351 - Rehab/Demo 700,000 27,027 Town Hall 11029 Building Access Control 82,650 51,546 11036 Town Hall attic ventilation and fire alarm system installation 30,000 30,000 Public Safety Facility 31043 Tract A DC Fast Chargers 350,000 350,000 Total Project Budget Current Budget Project #Capital Improvement Projects 2026 STREETS AND PARKING Safety Improvments 32030 Avon Road Crossings (RRFB-2025)1,202,157 381,216 32039 US Hwy 6 Safety and Mobility Improvements Project*6,100,000 2,568,029 32046 WBCB River Bridge Deck Repair & Railing Upgrade*1,119,128 1,036,677 Retaining walls 32035 Metcalf Road - Retaining Wall Stabilization*80,000 73,507 32049 RAB5 Post Blvd Bridge Wall Repair 100,000 86,524 31035 Town Wide Retaining Wall Structures Analysis 280,000 260,594 Guardrails 33220 Annual Guard Rail Repiars 673,474 40,000 33222 Seal coats all Town parking lots 110,000 110,000 31032 Village at Avon Railing (white)35,000 35,000 14036 Brick work at Avon Station 65,000 65,000 Total Project Budget Page 7 of 8 Table VIII - 2026 CIP: Drainage: Active | Completed | Anticipated Completed Table IX - 2026 CIP: Utilities: Active | Completed | Anticipated Completed NEW PROJECTS FOR 2027: The following tables show the new capital projects in 2027. Table X - 2027 New Projects | Facilities Current Budget Project #Capital Improvement Projects 2026 DRAINAGE 61017 Nottingham Reservoir Repairs 300,000 300,000 61016 Puder Ditch Headgate Repair (Design)150,000 150,000 Total Project Budget Current Budget Project #Capital Improvement Projects 2026 UTILITIES 81023 IT Upgrades Recreation and Fleet 60,000 19,725 61018 Upgrade Nottingham Puder Ditch Pump Station 300,000 294,238 81021 Nottingham Park Wi-Fi Access**150,000 128,053 81011 Broadband (Connection to Thor and Avon PD)**125,000 78,473 Total Capital Improvement Projects 74,632,549$ 11,449,004$ Total Project Budget Current Proposed Budget Budget Project #Capital Improvement Projects 2026 2027 2028 2029 2030 2031 2032 FACILITIES ATRF NEW-27 Office area carpent replacement 22,000 22,000 NEW-27 Garage door panels 20,000 20,000 Public Works Garage NEW-27 Drain Line 80,000 80,000 NEW-27 Parks Garage Doors 40,165 40,165 Recreation Center NEW-27 Fire Alarm System Replacement 50,000 50,000 NEW-27 Sauna, Steam Room, Lifeguard office, and fitness studio doors 25,000 25,000 NEW-27 Flat Roof 150,000 150,000 NEW-27 Family Changing Room Repair 30,000 30,000 Fleet Builidng NEW-27 Fleet Exhaust System 150,000 150,000 NEW-27 Fleet Compressed Air Plumbing System 20,000 20,000 NEW-27 Remodel Fleet Breakroom and Offices 35,000 35,000 Facility Office Shop NEW-27 351 Benchmark Park/Parking Improvements (Design)140,000 140,000 NEW-27 351 Benchmark Park/Parking Improvements 1,260,000 - - 1,260,000 Total Project Budget Projected Page 8 of 8 Table XI - 2027 New Projects | Parks & Open Space Table XII - 2027 New Projects | Streets & Parking TOWN MANAGER COMMENTS: I support the strategy to obtain financing for the Aquatics Refurbishment because that will allow proceeding with the Pedestrian Mall extension and allow the town to begin resurfacing major street segments on a reasonable schedule without deferring. The overall schedule is planned to coordinate with Engineering staff capacity. The construction of Avondale Apartments and overseeing the public infrastructure improvements in the Village (at Avon) is also a consideration for the Engineering Department workload. REQUESTED DIRECTION: Council feedback and direction are requested on the DRAFT 2027 CIP Plan and Fund proposal. Thank you, Eric, Eva, and Paul ATTACHMENT A: 5-Year Capital Improvements Project Inventory ATTACHMENT B: CIP Fund Balances ATTACHMENT C: Slideshow of Capital Improvement Projects Current Proposed Budget Budget Project #Capital Improvement Projects 2026 2027 2028 2029 2030 2031 2032 PARKS AND OPEN SPACE HAN Nottingham Park NEW-27 HAN Park Bollards 110,000 110,000 NEW -27 HAN Park Sediment Pond Trail 150,000 150,000 NEW-27 Pavilion Safety Lights 50,000 50,000 NEW-27 Pavilion Green Room Door Replacement 60,000 60,000 Total Project Budget Projected STREETS AND PARKING Safety Improvments NEW-27 Avon Station Redesign 250,000 250,000 - NEW-27 Chapel Place Lighting Project 50,000 50,000 NEW-27 Swift Gulch Bike Path 60,000 60,000 NEW-27 Storm Water Inlet Repair 80,000 80,000 Asphalt Overlay NEW-27 Post Blvd Ped Crossing Beacons 500,000 500,000 CAPITAL PROJECTS FUND 5-YEAR PLAN INVENTORY DETAIL * RED signifies "New or Increased Budget" Avon URA Project Defer to Future Years Potential Project for Grant Funding Funding to Likely Increase Funding to Likely Decrease Original Current Proposed Budget Budget Budget Project #Capital Improvement Projects 2026 2026 2027 2028 2029 2030 2031 2032 FACILITIES ARTF 14024 ARTF - BAS / HVAC PM 165,000 - 165,000 - - - 14026 ARTF - Bus Wash Exit 125,000 25,709 - 14025 ARTF - HVAC Separation 170,000 18,087 282,772 - - - - 14033 Upgrading ARTF meeting room 13,500 13,500 13,500 14034 ARTF roof repairs 50,000 50,000 50,000 14035 ARTF Bus Wash Replumbing 15,000 15,000 15,000 19015 Heat exchangers/pumps for heat recovery system 100,000 100,000 100,000 70001 Sun Road Development Match 40,000 40,000 40,000 NEW-27 Office area carpent replacement 22,000 22,000 NEW-27 Garage door panels 20,000 20,000 Public Works Garage 13014 Public Works Garage (Planning, Design, Mgt)600,000 361,618 314,085 - - - - - 13015 Public Works Garage (Construction)4,364,038 1,909,500 2,304,028 - - - - - NEW-27 Drain Line 80,000 80,000 NEW-27 Parks Garage Doors 40,165 40,165 14037 Construct Cinders Shelter and Paved Access Road 250,000 - - 250,000 Recreation Center 15052 Rec Center Surveillance Camera Replacements 60,000 22,901 28,190 - 8,909 - - - 15040 Rec Center Roof Repairs 10,000 - 10,000 - - - 15048 Rec Center Painting 20,000 20,045 - -- - - 15038 Rec Center Building Key Card Access 62,650 3,702 25,915 - 33,033 - - - 15049 Fitness Area Floor Replacement 110,000 - 110,000 - - - 15051 Rec Center Break Room Remodel 15,000 24,000 - -- - - 15054 Avon Rec center Hot Water Holding Tank replacement 45,000 45,000 45,000 15056 Coax Cable 15,000 15,000 15,000 15053 Rec Center Aquatics Renovation 8,500,000 73,000 8,405,000 - 8,500,000 15057 Rec center door replacement 80,000 - 80,000 15059 Rec Center Fitness Expansion (Design)300,000 - - - - 300,000 15059 Rec Center Fitness Expansion (Construction)4,200,000 4,200,000 NEW-27 Fire Alarm System Replacement 50,000 50,000 NEW-27 Flat Roof 150,000 150,000 NEW-27 Family Changing Room Repair 30,000 30,000 Fleet Builidng 14020 Fleet Maintenance - HVAC / AC 25,000 10,900 9,500 - - - - 14028 Fleet Vehicle Lifts Repair*40,000 - - - - - 14027 Fleet Compressor System 40,000 33,808 - - - - - 14031 Fleet Wash Bay Lift 300,000 300,000 14010 Fleet Maintenance EPDM Roof Replacement 460,000 - 460,000 - - - 14030 Fleet Heating Replacement 400,000 36,400 - 363,600 - NEW-27 Fleet Exhaust System 150,000 150,000 NEW-27 Fleet Compressed Air Plumbing System 20,000 20,000 NEW-27 Remodel Fleet Breakroom and Offices 35,000 35,000 Total Project Budget 2024 and Prior Yr. Actuals Audited 2025 Projected ATTACHMENT A CAPITAL PROJECTS FUND 5-YEAR PLAN INVENTORY DETAIL Funding to Likely Increase Funding to Likely Decrease Original Current Proposed Budget Budget Budget Project #Capital Improvement Projects 2026 2026 2027 2028 2029 2030 2031 2032 Total Project Budget 2024 and Prior Yr. Actuals Audited 2025 Projected Facility Office Shop 13016 Bldg 351 - Rehab/Demo 700,000 13,717 - 27,027 600,000 NEW-27 351 Benchmark Park/Parking Improvements (Design)140,000 140,000 NEW-27 351 Benchmark Park/Parking Improvements 1,260,000 - - 1,260,000 13017 Facility Office/Shop (Design)200,000 200,000 - 13017 Facility Office/Shop (Construction)1,800,000 1,800,000 - Town Hall 11029 Building Access Control 82,650 31,104 - 51,546 - - - 11034 Council AV Improvemnts 125,000 73,990 69,766 - 11036 Town Hall attic ventilation and fire alarm system installation 30,000 30,000 30,000 Public Safety Facility 12008 PD Cooling Tower Chemical loop pump 12,000 6,700 - - - - - 19014 Town Security Cameras (Avon Station, Pavilion, HAN Park, Courts)10,000 - - - - - 12009 EV Charging Station at PD 100,000 73,620 16,233 - 31043 Tract A DC Fast Chargers 350,000 350,000 12012 PSF Security Systems (access)155,000 - 155,000 - - 12013 PSF HVAC BAS 75,000 - 75,000 - - PARKS AND OPEN SPACE HAN Nottingham Park 11025 H.A. Nottingham Park East Improvements**4,926,552 612,992 3,124,394 1,558,670 21064 Park Water Fountain Replacement*98,000 3,188 36,723 58,089 21070 Special Events Meridian Barriers 96,983 66,983 31,773 15044 Art Pedestal Repairs and Solar Light Install 75,000 13,140 61,860 15046 HAN Pavilion - Remove Rust and Paint 20,000 20,000 21072 Upper Field Restoration 500,000 - 500,000 21058 HAN Park North Restrooms 759,754 59,754 - 700,000 21069 HAN Park West Restrooms 760,000 - - 700,000 15042 Monument Signs for Pocket Parks 75,000 - - - - - 21071 Pavilion emergency back up 15,000 15,000 15,000 15036 Picnic Pavilion Design (Fit Court)535,000 - - - 535,000 - 15025 Metcalf Cabin Relocation 20,000 20,000 NEW-27 HAN Park Bollards 110,000 110,000 NEW-27 HAN Park Sediment Pond Trail 150,000 150,000 NEW-27 Pavilion Safety Lights 50,000 50,000 NEW-27 Pavilion Green Room Door Replacement 60,000 60,000 O'Neal Spur Park 21057 O'Neal Spur Park Parking Lot Rebuild*100,000 100,000 100,000 - - - 21027 O'Neal Spur Park Improvements Design 20,000 20,000 20,000 - - - Traer Creek Parks 34049 Traer Creek Apt - P1 250,000 250,000 CAPITAL PROJECTS FUND 5-YEAR PLAN INVENTORY DETAIL Funding to Likely Increase Funding to Likely Decrease Original Current Proposed Budget Budget Budget Project #Capital Improvement Projects 2026 2026 2027 2028 2029 2030 2031 2032 Total Project Budget 2024 and Prior Yr. Actuals Audited 2025 Projected Eaglbend Park 21066 Eaglebend Park Improvements*890,000 67,239 684,742 138,019 Irrigation Repairs 31033 Post Blvd Irrigation Repair 150,000 83,238 59,481 21065 Irrigation System and Landscape Design*80,000 - 80,000 - - - 21068 H.A.N. Irrigation System Construction 2,000,000 - - 1,000,000 1,000,000 - Trails 34048 West Avon Preserve Trail Repair 35,000 35,000 34045 Recreation Trail Reconstruction 40,000 39,952 21073 Nottingham Park Rec Trail - North (WBCB to Lake Street)1,300,000 - - 100,000 Saddleridge Park 21063 Saddle ridge Park Refresh 100,000 100,000 100,000 - - - Pedestiran Mall 31044 Avon Mall Extension 6,700,000 30,308 306,292 - 163,400 6,500,000 - - Misc 15055 Relocate Nottingham Historic Shed 50,000 50,000 50,000 21054 Wildland Fire Mitigation 120,000 40,000 40,000 40,000 40,000 31053 Post Blvd Irrigation and Boulders 20,000 20,000 20,000 STREETS AND PARKING Safety Improvments 32030 Avon Road Crossings (RRFB-2025)1,202,157 190,101 630,840 381,216 32039 US Hwy 6 Safety and Mobility Improvements Project*6,100,000 311,492 3,220,479 2,568,029 34042 Benchmark Rd Crosswalks (2)35,900 35,900 - 32037 WBCB - Concrete Repairs*- - - - - - 32046 WBCB River Bridge Deck Repair & Railing Upgrade*1,119,128 53,849 28,603 522,000 1,036,677 - - - 32045 Old Trail Road Asphalt Overlay*789,701 789,701 - - - - 31034 I-70 Off-ramp Streetlight Repair 50,000 50,000 12010 Mobile VMS Sign for Code Enforcement 20,000 14,312 - 14032 East Beaver Creek Blvd Childcare Bus Stop 165,275 148,123 617,153 14038 Avon Station Bollards and Concrete 40,000 40,000 NEW-27 Avon Station Redesign - 250,000 - NEW-27 Chapel Place Lighting Project 50,000 50,000 NEW-27 Swift Gulch Bike Path 60,000 60,000 NEW-27 Storm Water Inlet Repair 80,000 80,000 Asphalt Overlay 31045 Post Blvd. Asphalt Overlay (Design)250,000 11,760 111,151 - - 250,000 - - 31045 Post Blvd. Asphalt Overlay (Construction)2,250,000 2,250,000 NEW-27 Post Blvd Ped Crossing Beacons 500,000 500,000 31052 Lake Street / Riverfront Asphalt Overlay (Design)75,000 75,000 75,000 - - 31052 Lake Street / Riverfront Asphalt Overlay (Construction)800,000 850,000 31046 Avon Road Asphalt Overlay (Design)100,000 - 100,000 - 31046 Avon Road Asphalt Overlay (Construction)2,000,000 - 2,000,000 32053 Wildridge Road Asphalt Overlay (Design) 100,000 260,000 32053 Wildridge Road Asphalt Overlay (Construction) 2,500,000 2,340,000 32044 Swift Gulch Road - East Asphalt overlay (Design)673,474 624,038 30,677 - CAPITAL PROJECTS FUND 5-YEAR PLAN INVENTORY DETAIL Funding to Likely Increase Funding to Likely Decrease Original Current Proposed Budget Budget Budget Project #Capital Improvement Projects 2026 2026 2027 2028 2029 2030 2031 2032 Total Project Budget 2024 and Prior Yr. Actuals Audited 2025 Projected 32054 WBCB - Elementary School to Lake St Asphalt Overlay (Design)50,000 - - 70,000 32054 WBCB - Elementary School to Lake St Asphalt Overlay (Construction) 650,000 650,000 West Wildwood East 1,129,968 1,129,968 West Wildwood West 384,005 384,005 Mountain Star South 443,448 - - 443,448 Wildridge Road E 658,540 - - 658,540 Roundabouts 32050 RAB1 & 2 Avon Rd Concrete and Landscaping Redesign 600,000 300,000 - 90,000 510,000 - RAB2 & 3 Avon Full Depth Replacement - BA TO ERIC FALL 2026 - Retaining walls 32035 Metcalf Road - Retaining Wall Stabilization*80,000 6,494 73,507 32049 RAB5 Post Blvd Bridge Wall Repair 100,000 13,476 86,524 31035 Town Wide Retaining Wall Structures Analysis 280,000 19,406 200,000 260,594 - - - Guardrails 33220 Annual Guard Rail Repairs 673,474 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 33222 Seal coats all Town parking lots 110,000 110,000 110,000 31032 Village at Avon Railing (white)35,000 35,000 35,000 14036 Brick work at Avon Station 65,000 65,000 65,000 DRAINAGE 61015 Nottingham Rd Basin 4 Erosion Control 400,000 387,350 3,746 61017 Nottingham Reservoir Repairs 300,000 - 200,000 300,000 - - - 61016 Puder Ditch Headgate Repair (Design & Const)1,850,000 - - - - 1,850,000 61016 Puder Ditch Headgate Repair (Design)150,000 75,000 150,000 UTILITIES 19011 Recycling Center Upgrade*437,215 278,268 142,114 - - - - - 91053 Ballistic Vests 40,000 34,279 - 21055 Power Line Undergrounding* (part East Park)481,972 10,144 504,969 - - - - - 81023 IT Upgrades Recreation and Fleet 60,000 40,275 19,725 - - - 61018 Upgrade Nottingham Puder Ditch Pump Station 300,000 5,763 294,238 81021 Nottingham Park Wi-Fi Access**150,000 19,119 2,828 - 128,053 - - - 81011 Broadband (Connection to Thor and Avon PD)**125,000 46,528 - 78,473 - - - Total Capital Improvement Projects 74,932,549$ 5,430,185$ 12,646,758$ 11,470,201$ 11,286,839$ 18,377,165$ 5,805,000$ 9,310,000$ 8,093,973$ 2,991,988$ 40,000$ CAPITAL PROJECTS FUND 5-YEAR PLAN SUMMARY Original Current Proposed Audited Budget Budget Budget 2025 2026 2026 2027 2028 2029 2030 2031 2032 REVENUES Real Estate Transfer Tax: Base Level 5,297,273$ 5,000,000$ 5,000,000$ 5,150,000$ 5,304,500$ 5,463,635$ 5,627,544$ 5,796,370$ 5,970,261$ Lot 3 Development (111 Units)- - - - 1,665,000 1,665,000 - - Kestrel Development - - - 660,000 - - - Interest Earnings 471,771 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 Intergovernmental: Federal/State/County: Colorado Water Conservation Board (HAN Irrigation Project)- - - - 750,000 750,000 - CDOT Transit Grant 2024 Bus - 2,799,956 2,799,956 - - - CDOT Transit Grant 2025/6 Bus Charging Equipment 384,000 384,000 CDOT Transit Grant for Fleet Lifts (Main)240,000 240,000 - CEO Grant - DCFC Plaza Grant (LM - $319,900)560,000 - GOCO Grant (Eaglebend Playground)- - 375,000 - - - - Eagle County Contribution (Hwy 6 Roundabout)334,691 - 538,600 - - - - CDOT Revitalize Main Street Grant (Hwy 6 Ped Crosswalks)- - 976,723 - - - - CDOT Multimodal Options Fund Grant I (Hwy 6 Ped Crosswalks)- - 2,731,692 - - - - CDOT Off-System Bridge Grant 895,302 895,302 - CDOT Highway Safety Improvement Grant (Post Blvd - RRFB)425,000 Other Revenues: Rec Center Aquatic Refurbishment - Private Financing - - 8,500,000 - Nonclassified 3,330 - - - - - - - - Total Operating Revenues 6,709,678 9,519,258 10,957,317 18,678,956 7,919,500 8,078,635 5,827,544 5,996,370 6,170,261 Other Sources: Transfers In - General Fund - Public Works Garage 2,690,000 - - - - - - - Rec Center Aquatic Refurbishment 2,500,000 Transfers In - Avon URA - Avon URA TIF 1,750,000 1,750,000 1,750,000 1,900,000 1,900,000 2,300,000 2,500,000 2,300,000 2,300,000 - Lot 3 TIF Revenues (est 111 unit condo building)- - - - 117,049 234,098 234,098 234,098 234,098 Transfers In - Community Enhancement Fund - Powerline Undergrounding/LED Rec Center 361,000 - - - - - - - - Transfers In - Water Fund - Nottingham Reservior - - - - 100,000 - 500,000 Transfers In - Equipment Replacement Fund McGrady Acres Park Cash-in-Lieu Payment - 249,667 249,667 - - - - - Snow Plows 425,000 - - - - - - - - Total Other Sources 5,226,000 4,499,667 1,999,667 1,900,000 2,117,049 2,534,098 3,234,098 2,534,098 2,534,098 Total Revenues and Sources of Funds 11,935,678$ 14,018,925$ 12,956,984$ 20,578,956$ 10,036,549$ 10,612,733$ 9,061,642$ 8,530,468$ 8,704,359$ Projected ATTACHMENT B CAPITAL PROJECTS FUND 5-YEAR PLAN SUMMARY Original Current Proposed Audited Budget Budget Budget 2025 2026 2026 2027 2028 2029 2030 2031 2032 Projected EXPENDITURES Capital Improvements: Facilities 3,316,828 8,668,500 2,187,615 10,147,165 450,000 3,360,000 4,200,000 - - Parks and Open Space 4,336,498 330,000 2,730,037 6,870,000 1,535,000 3,000,000 - - - Streets and Parking 4,259,460 2,136,701 5,398,698 1,360,000 3,820,000 2,950,000 3,893,973 1,141,988 40,000 Drainage 3,746 275,000 450,000 - - - - 1,850,000 - Utility Projects 730,228 - 520,489 - - - - - - Total Expenditures 12,646,758 11,410,201 11,286,839 18,377,165 5,805,000 9,310,000 8,093,973 1,141,988 40,000 Other Uses: Transfers Out - General Fund: - Engineering Department Salary and Benefits 657,747 722,988 722,988 790,191 813,897 838,314 863,463 889,367 916,048 Transfers Out - Community Housing Fund:781,961 500,000 529,727 515,000 530,450 546,364 562,754 579,637 597,026 Transfers Out - Debt Service Fund: - 2014B COPS (Street Improvements)320,637 317,304 317,304 318,820 320,033 319,393 - - - - 2016 COPS (Police Bldg.)449,325 445,625 445,625 444,125 445,925 442,125 442,925 443,125 - - 2020 Refunding COPs (ARTF)190,794 190,341 190,341 191,139 191,900 191,624 191,324 - - - Private Bank 4.8% Loan Rec Pool (10-year term)1,043,150 1,043,150 1,043,150 1,043,150 1,043,150 - Private Bank Loan 4.5% Rec Fitness Expansion (10-year term) Transfers Out - Mobility Fund:- - Hybrid Bus (1) 200,000 970,000 970,000 - - - - Electric Busess (2) - 3,071,306 3,071,306 - - - Electric Bus Charging Equipment 480,000 480,000 - Transfers Out - Fleet Maintenance Fund: - 2020 COPs (Fleet Maintenance Bldg.)193,825 195,611 195,611 196,348 196,048 195,723 195,374 - - 80/20 Match on Grant for Lifts (Washbay)240,000 - - - - - - 80/20 Match on Grant for Lifts (Main)300,000 300,000 - Transfers Out - Equipment Replacement Fund: - State Land Board Land Purchase 140,000 2,709,177 - Event Bleachers 15,000 - Artsy Bike Racks 15,000 - Ballot Box - 2,500 2,500 - - - - - - - Drain Snake - 10,800 10,800 - - - - - - - Finance Software Solution for Town - - - - - 100,000 - - - - Digital Signs on Railroad Tracks 37,000 - - - - - - - - - External Vest Ballistic Plates 40,000 - - - - - - - Heavy Duty Dump Trailer 20,000 - - - - - - - Diesel Light Towers (2)38,000 - - - - - - - Drone - - - 21,000 - - - - Snow Plow - 450,000 450,000 - - - - CAPITAL PROJECTS FUND 5-YEAR PLAN SUMMARY Original Current Proposed Audited Budget Budget Budget 2025 2026 2026 2027 2028 2029 2030 2031 2032 Projected Total Other Uses 3,169,289 7,656,475 3,784,896 9,257,106 3,541,403 3,676,692 3,298,990 2,955,279 2,556,224 Total Expenditures and Uses of Funds 15,816,047 19,066,676 15,071,735 27,634,271 9,346,403 12,986,692 11,392,963 4,097,267 2,596,224 Net Source (Use) of Funds (3,880,369) (5,047,751) (2,114,751) (7,055,315) 690,146 (2,373,959) (2,331,321) 4,433,201 6,108,135 Fund Balance, Beginning of Year 16,925,081 11,352,644 13,044,712 10,929,960 3,874,645 4,564,792 2,190,833 (140,489) 4,292,713 Fund Balance, End of Year 13,044,712$ 6,304,893$ 10,929,960$ 3,874,645$ 4,564,792$ 2,190,833$ (140,489)$ 4,292,713$ 10,400,848$ Fund Balances Restricted For: Asphalt Overlay 423,144$ 423,144$ -$ -$ -$ -$ -$ -$ -$ Assigned For: URA: West Town Center Projects 844,108 2,429,108 1,642,272 1,682,272 2,164,321 638,419 432,517 2,966,615 5,500,713 Unassigned:. Unplanned Necessary Expenditures - 1,000,000 1,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 Unreserved 11,777,460 2,452,641 8,287,689 192,374 400,471 (447,586) (2,573,006) (673,902) 2,900,135 Total Fund Balances 13,044,712$ 6,304,893$ 10,929,960$ 3,874,645$ 4,564,792$ 2,190,833$ (140,489)$ 4,292,713$ 10,400,848$ 2027 Capital Improvement Projects Plan Eric Heil, Town Manager Paul Redmond, Chief Financial Officer Eva Wilson, Engineering Director 2027 Capital Improvement Projects Plan Work Session September 8, 2026 ATTACHMENT C CIP FUND BALANCES: Starting in 2027 increase minimum reserve balance to $2,000,000 2027 Capital Improvement Projects Plan Work Session September 8, 2026 Current Proposed Budget Budget Projected 2026 2027 2028 2029 2030 2031 2032 Fund Balance, Beginning of Year 13,044,712 10,929,960 3,874,645 4,564,792 2,190,833 (140,489)4,292,713 Fund Balance, End of Year $ 10,929,960 $ 3,874,645 $ 4,564,792 $ 2,190,833 $ (140,489)$ 4,292,713 $ 10,400,848 Fund Balances Restricted For: Asphalt Overlay $ -$ -$ -$ -$ -$ -$ - Assigned For: URA: West Town Center Projects 1,642,272 1,682,272 2,164,321 638,419 432,517 2,966,615 5,500,713 Unassigned:. Unplanned Necessary Expenditures 1,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 Unreserved 8,287,689 192,374 400,471 (447,586)(2,573,006)(673,902)2,900,135 Total Fund Balances $ 10,929,960 $ 3,874,645 $ 4,564,792 $ 2,190,833 $ (140,489)$ 4,292,713 $ 10,400,848 CIP DEBT: Debt relief starts in 2030 Added $8.5M for Aquatics Renovation 2027 Capital Improvement Projects Plan Work Session September 8, 2026 2026 2027 2028 2029 2030 2031 2032 2014B COPS (Street Improvements)317,304 318,820 320,033 319,393 --- 2016 COPS (Public Safety Bldg)495,625 444,125 445,925 442,125 442,925 443,125 - 2020 Refunding COPS (ARTF)190,341 191,139 191,900 191,624 191,324 -- Potential Recreation Center COPS --1,043,150 1,043,150 1,043,150 1,043,125 1,043,150 Total Debt Payments 953,270 954,084 2,001,008 1,996,292 1,677,399 1,486,275 1,043,150 Total RETT 5,000,000 5,150,000 5,304,500 5,463,635 5,627,544 5,796,370 5,970,261 Percentage of Debt to Revenue 19%19%38%37%30%26%17% AVON URBAN RENEWAL AUTHORITY: 2027 Supported Projects and Contribution 2032 Pay down Aquatics Debt 2027 Capital Improvement Projects Plan Work Session September 8, 2026 2027 TIF REVENUES 2,900,000.00 Debt Payments from URA: Lake Street Debt Annual Payment (248,082.62) Town Hall Debt Annual Payment (500,467.00) Available Funds 2,151,450.38 TRANSFER TO CIP 1,900,000.00 Fund Balance -West Town Center Projects 1,642,271.65 AURA SUPPORTED PROJECTS Rec center door replacement 80,000.00 Fire Alarm System Replacement 50,000.00 Flat Roof 150,000.00 Bldg 351 -Rehab/Demo 600,000.00 PSF Security Systems (access)155,000.00 PSF HVAC BAS 75,000.00 HAN Park Bollards 110,000.00 HAN Park Sediment Pond Trail 150,000.00 Pavilion Green Room Door Replacement 60,000.00 Avon Station Bollards and Concrete 40,000.00 Avon Station Redesign 250,000.00 351 Benchmark Park/Parking Improvements (Design)140,000.00 Total Projects 1,860,000.00 Ending Fund Balance 1,682,271.65 Capital Improvement Projects Review: 2026 Completed Projects 2026 Projects in Progress 2027 New Projects 2027 Capital Improvement Projects Plan Work Session September 8, 2026 2026 Completed Projects: US6 Pedestrian Safety Budget: $6,100,000 $4,600,000 CDOT Grants $535,000 Eagle County Contribution 2027 Capital Improvement Projects Plan Work Session September 8, 2026 Avon Road Pedestrian Safety Budget: $1,202,157 $697,000 CDOT Grant 2026 Completed Projects: 2027 Capital Improvement Projects Plan Work Session September 8, 2026 Eaglebend Park Budget: $890,000 $375,000 Grant $249,677 Developer Contribution 2026 Completed Projects: 2027 Capital Improvement Projects Plan Work Session September 8, 2026 2026 Completed Projects: 2027 Capital Improvement Projects Plan Work Session September 8, 2026 East Park Restrooms New bathrooms, plaza, rain shelter, recreation path and seating wall, modified parking and asphalt overlay. Utility undergrounding, grading and landscaping Budget: $5,586,466 $1,000,000 DOLA Grant Status: To be completed Oct 2026 West Beaver Creek Blvd Bridge Deck/Drainage Repair and Railing Replacement Budget: $1,120,000 $895,302 CDOT Grant Status: To be completed Nov 2026 2026 Completed Projects: 2027 Capital Improvement Projects Plan Work Session September 8, 2026 Major Completed Projects: 2027 Capital Improvement Projects Plan Work Session September 8, 2026 Public Works Completed Projects: 2027 Capital Improvement Projects Plan Work Session September 8, 2026 2026 Major Projects in Progress:Pedestrian Mall Extension Budget: $6,500,000 Status: 100% Design, Construction April 2027 Additional Scope of Work: -Adding spur to north on west side of Avon Recreation Center -Reconfiguring both parking areas to west of Avon Recreation Center -Additional drainage and Subsurface Utility Engineering (SUE) work -Lighting and electrical work -Structural Engineering work (flag poles, retaining walls) 2027 Capital Improvement Projects Plan Work Session September 8, 2026 2026 Major Projects in Progress:Recreation Center Aquatics Major Renovation •Replace Pool deck •Replace HVAC •Replace Plumbing •Replace Electrical •New Pool Slide •Enclose Deck •Construct New and Larger Hot Tub Budget: $7M to $8.4M NOTE: Staff is proposing to allocate up to $2.4 Million of General Fund Reserves 2027 Capital Improvement Projects Plan Work Session September 8, 2026 2026 Major Projects in Progress: Nottingham Reservoir Repairs •Repair Emergency Spillway •Repair outlets Budget: $300,000 Status: In design 2027 Capital Improvement Projects Plan Work Session September 8, 2026 2026 Major Projects in Progress: Heat Recovery System Expansion Budget: $109,000 (Design) Status: Design Completed Dec 2026 Construction: The Summit –2027-2028 2027 Capital Improvement Projects Plan Work Session September 8, 2026 New Capital Improvement Projects FACILITIES 2027 Capital Improvement Projects Plan Work Session September 8, 2026 New Capital Improvement Projects PARKS AND OPEN SPACE 2027 Capital Improvement Projects Plan Work Session September 8, 2026 New Capital Improvement Projects STREETS AND PARKING 2027 Capital Improvement Projects Plan Work Session September 8, 2026 2027 Capital Improvement Projects Plan Eric Heil, Town Manager Paul Redmond, Chief Financial Officer Eva Wilson, Engineering Director QUESTIONS? MORE INFORMATION? REPRIORITIZATION? DIRECTION? 2027 Capital Improvement Projects Plan Work Session September 8, 2026 970-390-2014 ewilson@avon.org TO: Honorable Mayor Underwood and Council Members FROM: Eva Wilson, Engineering Director RE: Village at Avon – Planning Area A & B – Construction Update DATE: August 17, 2026 SUMMARY: This report provides an update on construction and grading activities currently underway or scheduled within Planning Areas A and B of the Village at Avon development. Activities include over-lot grading, lot-specific preparation, roadway construction, and pre-construction efforts associated with pending building permits for the Whole Foods and Skjól developments. No Council action is requested at this time. BACKGROUND: The Village at Avon Planned Unit Development (PUD) consists of multiple planning areas designated for phased residential, commercial, and mixed-use development. Planning Areas A and B are currently active and are undergoing site preparation consistent with the approved PUD Master Plan Administrative Amendment No. 2 (Attachment A). The ongoing work is focused on establishing site conditions necessary to support future vertical construction, including roadway infrastructure, utility coordination, and grading operations. Planning Area A and B: Proposed Work 970-390-2014 ewilson@avon.org VILLAGE AT AVON – CONSTRUCTION UPDATES: 1. Over-Lot Grading – Planning Areas A & B (GR25004) • Status: Completed Over-lot grading operations are in progress to establish the overall site configuration and development - ready elevations. Key components include: • Mass earthwork to achieve approved grading contours • Redistribution of on-site materials to balance cut and fill • Establishment of interim and permanent drainage patterns • Implementation and maintenance of erosion and sediment control measures in accordance with State and Town requirements • Construction of temporary access and detour roadways This phase also includes construction access routes and staging areas necessary to support ongoing and future development activities. 2. Lot 10 Grading – Whole Foods and Skjól Condominiums (GR25005 – Amended) • Status: Completed Lot-specific grading activities for Lot 10 are underway to prepare for vertical construction. Work includes: • Establishment of building pad elevations • Fine grading in accordance with approved plans • Drainage improvements to direct runoff around building envelopes • Coordination and installation of utility infrastructure Construction activities within Planning Areas A and B are progressing in accordance with the approved development framework and permit processes. Staff will continue to review permits, monitor construction activity, and coordinate with the developer to ensure compliance with Town standards and approved plans. 3. Building Permits – Whole Foods (CBP-26-002) and Skjól Condominiums (RBP26-005) • Status: Building permits for both developments have been conditionally approved. • Schedule: Anticipated construction 2026–2027 Whole Foods: The permit is for construction of the building shell and core structure, which will prepare the space for future tenant improvements. Skjol Condos: The Drill Rig is on site, and preparations are underway to begin foundation installation. 970-390-2014 ewilson@avon.org 4. Roadway Construction – Phase 2 (GR26-001) • Status: Active • Schedule: 2026 – 2027 Construction activities for Phase 2 roadway improvements are underway. This phase includes roadway grading, utility installation, and associated infrastructure necessary to support development within Planning Areas A and B. Staff continues to monitor construction to ensure compliance with approved plans and project requirements. WHOLE FOODS SKJOL CONDOS 970-390-2014 ewilson@avon.org 5. Roadway Construction – Phase 3A (GR26-002) • Status: Grading Permit Under Review • Schedule: 2026 - 2027 The Phase 3A roadway improvements are currently in the permit review stage. Staff review includes verification of engineering design, traffic management planning, utility coordination, and compliance with Town standards. Thank you, Eva ATTACHMENT A: The Village (at Avon) PUD Master Plan – Amend No. 3