TC Agenda 07-10-1990r ~-9-90
TOWN OF AVON
REGULAR MEETING AGENDA
JULY 10, 1990 - 7:30 P. M.
1. Call to order roll call
2. Citizen Input
a. Bruce Kendall/President of Avon/Beaver Creek Resort Association
3. Ordinances
a. Second reading of Ordinance No. 90-6, Series of 1990, AN ORDINANCE
CONCERNING THE LOCAL IMPROVEMENT DISTRICT KNOWN AND
IDENTIFIED AS THE TOWN OF AVON, COLORADO, LOCAL IMPROVEMENT DISTRICT
NO. 1990-1, CREATING SAID DISTRICT, RATIFYING ACTION HERETOFORE
TAKEN; FINDING SATISFACTORY THE ESTIMATE OF COST, FULL AND
DETAILED PLANS AND SPECIFICATIONS, AND THE MAP AND ASSESSMENT PLAT,
ALL HERETOFORE PRESENTED IN CONNECTION WITH THE DISTRICT;
PRESCRIBING THE EXTENT OF THE DISTRICT, THE KIND AND LOCATION
OF THE UTILITY LINE IMPROVEMENTS PROPOSED, THE AMOUNT OF
PROPORTION OF THE TOTAL COST TO BE DEFRAYED BY ASSESSMENTS,
THE METHOD OF LEVYING ASSESSMENTS, AND THE NUMBER OF INSTALLMENTS
AND THE TIMES IN WHICH THE COSTS ASSESSED WILL BE PAYABLE; ORDERING
SUCH IMPROVEMENTS TO BE MADE BY INDEPENDENT CONTRACT; AND
PRESCRIBING DETAILS IN CONNECTION WITH SUCH MATTERS(public hearing)
Bill James
b.. First reading of Ordinance No. 90-11, Series of 1990, AN
ORDINANCE CONCERNING THE ESTABLISHMENT OF A UTILITY CAPITAL
FACILITIES FEE; AND PRESCRIBING DETAILS IN CONNECTION WITH SUCH
MATTERS.(.Bill James)
c. First reading of Ordinance NO. 90-10, Series of 1990, AN
ORDINANCE FOR THE TOWN OF AVON, COLORADO, AMENDING CHAPTER
12.08 OF THE AVON MUNICIPAL CODE RELATING TO LOCAL IMPROVEMENTS
TO PERMIT SPECIAL ASSESSMENTS TO BE COLLECTED BY THE COUNTY
TREASURER(Bill James)
d. Second reading of Ordinance No. 90-9, Series of 1990, AN
ORDINANCE AUTHORIZING THE ISSUANCE BY THE TOWN OF AVON OF TAXABLE
LOCAL ASSESSMENT BONDS IN THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT
OF FOR LOCAL IMPROVEMENT DISTRICT NO. 1990-1; PRESCRIBING
THE FORM OF BONDS; PROVIDING FOR THE PAYMENT OF THE BONDS AND THE
INTEREST THEREON; AND PROVIDING OTHER DETAILS IN CONNECTION
THEREWITH(request to continue this ordinance until July 17, 1990)
Bill James
e. First reading of Ordinance No. 90-5, Series of 1990, AN
ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF THE TOWN OF AVON,
COLORADO, MULTIFAMILY HOUSING REVENUE BONDS (EAGLEBEND PROJECT)
SERIES 199Q IN THE AGGREGATE PRINCIPAL AMOUNT OF $5,000,000 TO
FINANCE THE CONSTRUCTION OF A MULTIFAMILY RENTAL HOUSING PROJECT
TO PROVIDE MORE ADEQUATE RESIDENTIAL HOUSING FACILITIES FOR
LOP7 AND MIDDLE INCOME FAMILIES AND PERSONS; RATFYING CERTAIN ACTION
HERETOFORE TAKEN; AUTHORIZING THE EXECUTION AND DELIVERY BY THE
TOWN OF A FINANCING AGREEMENT, INDENTURE OF TRUST, REGULATORY
AGREEMENT, NET OPERATING LOSS AGREEMENT, CLOSING DOCUMENTS AND DEED
OF TRUST AND COMPLETION GUARANTY; ACKNOWLEDGING THE USE OF A
PRIVATE PLACEMENT MEMORANDUM, MAKING CERTAIN DETERMINATIONS AS TO
THE SUFFICIENCY OF REVENUES AND AS TO OTHER MATTERS RELATING TO SUCH
BONDS; REPEALING ACTION HERETOFORE TAKEN IN CONLFICT HEREWITH
(.request to table) (Bill James).
• 0
F. Second reading of Ordinance NO. 90-7, Series of 1990, AN
ORDINANCE AMENDING THE WILDRIDGE SPA PLAN BY THE TRANSFER OF
ONE RESIDENTIAL DEVELOPMENT RIGHT FROM LOT 87, BLOCK 1,
WILDRIDGE SUBDIVISION, TO LOT 89, BLOCK 1, WILDRIDGE SUBDIVISION
(public hearing)(Rick Pylman)
g. Second reading of Ordinance NO. 90-8, Series of 1990, AN
ORDINANCE PROVIDING FOR THE AMENDMENT OF A PORTION OF THE
EAGLEBEND SPA (LOTS 2-12, AND TRACT A, FILING 4); ESTABLISHING
A DEVELOPMENT PLAN AND ITS CONTENT AND ESTABLISHING DETAILS
RELATING THERETO(public hearing)(Rick Pylman)
4. Resolutions
a. Draft Resolution in respect for consideration by CAST concerning
the proposed Tennebaum Land Exchange in Vail(Bill James)
5. Unfinished Business
6. New Business
a. Purchase of Checkmate(Bill James)
7. Town Attorney Report
8. Mayor Report
9. Financial Matters
10. The minutes of June 26, 1990 will be presented to the Council at
the July 24th Council Meeting
11. Other Business
12. Adjournment
• •
TOWN OF AVON
REGULAR, MEETING AGENDA
JULY 10, 1990 - 7:30 P. M.
1. Call to order roll call
2. Citizen Input
3. Ordinances
a. Second reading of Ordinance No. 90-6, Series of 1990, AN
ORDINANCE CONCERNING THE LOCAL IMPROVEMENT DISTRICT KNOWN
AND IDENTIFIED AS THE TOWN OF AVON, COLORADO, LOCAL IMPROVEMENT
DISTRICT NO. 1990-1, CREATING SAID DISTRICT; RATIFYING ACTION
HERETOFORE TAKEN; FINDING SATISFACTORY THE ESTIMATE OF COST,
FULL AND DETAILED-PLANS AND SPECIFICATIONS, AND THE MAP AND
ASSESSMENT PLAT, ALL HERETOFORE PRESENTED IN CONNECTION WITH
THE DISTRICT; PRESCRIBING THE EXTENT OF THE DISTRICT, THE KIND
AND LOCATION OF THE UTILITY LINE IMPROVEMENTS PROPOSED, THE AMOUNT
OF PROPORTION OF THE TOTAL COST TO BE DEFRAYED BY ASSESSMENTS,
THE METHOD OF LEVYING ASSESSMENTS, AND THE NUMBER OF
INSTALLMENTS AND THE TIMES IN WHICH THE COSTS ASSESSED WILL BE
PAYABLE; ORDERING SUCH IMPROVEMENTS TO BE MADE BY INDEPENDENT
CONTRACT; AND PRESCRIBING DETAILS IN CONNECTION WITH SUCH
MATTERS.(public hearing)(Bill James)
b. Second reading of Ordinance NO. 90-7, Series of 1990, AN
ORDINANCE AMENDING THE WILDRIDGE SPA PLAN BY THE TRANSFER OF
ONE RESIDENTIAL DEVELOPMENT RIGHT FROM LOT 87, BLOCK 1,
WILDRIDGE SUBDIVISION, TO LOT 89, BLOCK 1,WILDRIDGE SUBDIVISION
(.public hearing)(Rick Pylman)
C. Second reading of Ordinance No. 90-8, Series of 1990, AN
ORDINANCE PROVIDING FOR THE AMENDMENT OF A PORTION OF THE
EAGLEBEND SPA (LOTS 2-12, AND TRACT A, FILING 4); ESTABLISHING
A DEVELOPMENT PLAN AND ITS CONTENT AND ESTABLISHING DETAILS
RELATING THERETO(public hearing)(Rick Pylman)
d. First reading of Ordinance No. 90-5, Series of 1990, AN ORDINANCE
AUTHORIZING THE ISSUANCE AND SALE OF THE TOWN OF AVON, COLORADO,
MULTIFAMILY HOUSING REVENUE BONDS (EAGLEBEND PROJECT) SERIES
1990 IN THE AGGREGATE PRINCIPAL AMOUNT OF $5,000,000 TO FINANCE
THE CONSTRUCTION OF A MULTIFAMILY RENTAL HOUSING PROJECT TO
PROVIDE MORE ADEQUATE RESIDENTIAL HOUSING FACILITIES FOR LOW-
AND MIDDLE INCOME FAMILIES AND PERSONS; RATFYING CERTAIN ACTION
HERETOFORE TAKEN; AUTHORIZING THE EXECUTION AND DELIVERY BY THE
TOWN OF A FINANCING AGREEMENT, INDENTURE OF TRUST, REGULATORY
AGREEMENT, NET OPERATING LOSS AGREEMENT, CLOSING DOCUMENTS AND
SUCH BONDS IN CONNECTION THEREWITH; APPROVING THE FORMS OF A
DEED OF TRUST AND COMPLETION GUARANTY; ACKNOWLEDGING THE USE OF A
PRIVATE PLACEMENT MEMORANDUM, MAKING CERTAIN DETERMINATIONS AS TO
THE SUFFICIENCY OF REVENUES AND AS TO OTHER MATTERS RELATING
TO SUCH BONDS; REPEALING ACTION HERETOFORE TAKEN IN CONFLICT
HEREWITH(request to table)(Bill James)
e. Second reading of Ordinance NO. 90-9, Series of 1990, AN
ORDINANCE AUTHORIZING THE ISSUANCE BY THE TOWN OF AVON OF TAXABLE
LOCAL ASSESSMENT BONGS IN THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT
OF$ FOR LOCAL IMPROVEMENT DISTRICT NO. 1990-1;
PRESCRIBING THE FORM OF BONDS; PROVIDING FOR THE PAYMENT OF THE
BONDS AND THE INTEREST THEREON; AND PROVIDING OTHER DETAILS IN
CONNECTION THEREWITH(request to continue this ordinance until
July 17, 1990)(Bill James)
f. First reading of Ordinance No. 90-10, Series of 1990, AN
ORDINANCE FOR THE TOWN OF AVON, COLORADO, AMENDING CHAPTER
12.08 OF THE'AVON MUNICIPAL CODE RELATING TO LOCAL IMPROVEMENTS TO
TO PERMIT SPECIAL ASSESSMENTS TO BE COLLECTED BY THE COUNTY
TREASURER(Bil1 James)
g. First reading of Ordinance No. 90-11, Series of 1990, AN
ORDINANCE CONCERNING THE ESTABLISHMENT OF A UTILITY CAPITAL
FACILITIES FEE; AND PRESCRIBING DETAILS IN CONNECTION WITH SUCH
MATTERS(Bill James)
4. Resolutions
a. Draft Resolution in respect for consideration by CAST
concerning the proposed Tennebaum land exchange in Vail
(Bill James)
5. Unfinished Business
6. New Business
a. Purchase of Checkmate(Bill James)
7. Town Attorney Report
8. Mayor Report
9. Financial Matters
10. The minutes of June 26, 1990 will be presented to the Council at
the July 24th Council Meeting
11. Other Business
12. Adjournment
•
STATE OF COLORADO )
COUNTY OF EAGLE ) SS
TOWN OF AVON )
0
NOTICE IS HEREBY GIVEN THAT A WORK SESSION OF THE TOWN COUNCIL
OF THE TOWN OF AVON, COLORADO, WILL BE HELD, JULY 10, 1990, AT
4:00 P.M. IN THE MUNICIPAL BUILDING, 400 BENCHMARK ROAD, AVON,
COLORADO, FOR THE PURPOSE OF DISCUSSING AND CONSIDERING THE
FOLLOWING:
4:00. p.m. 1) Eagle County Commissioners/
Transportation System Study
2) Business Meeting/Town Council
Centennial Engineering/Business
owners/Discuss Detours in respect
to-the proposed construction on
separated grade crossing at Avon
Road
3) Fire Consultant
4) Discuss Zoning Revisions/Peter
Jamar
AND SUCH OTHER BUSINESS AS MAY COME BEFORE THE COUNCIL
THIS MEETING IS OPEN TO THE PUBLIC
TOWN OF AVON, COLORADO
BY
BY:
POSTED AT THE FOLLOWING PUBLIC PLACES WITHIN THE TOWN
OF AVON ON JULY 9, 1990:
AVON POST OFFICE IN THE MAIN LOBBY
THE CITY MARKET IN THE MAIN LOBBY
AVON COASTAL MART, INC.; and
THE MUNICIPAL BUILDING IN THE MAIN LOBBY