TC Minutes 11-11-1997MINUTES OF THE REGULAR MEETING OF THE TOWN COUNCIL
HELD NOVEMBER 11, 1997 - 5:30 P.M.
A regular meeting of the Town Council of the Town of Avon,
Colorado was held in the Municipal Building,' 400 Benchmark Road,
Avon, Colorado, in the Council Chambers.
The meeting was called to order by Acting Mayor Buz Reynolds,.'8r.
at 5:31 PM. fA roll call was taken with Councilors Jim Benson,
Richard Carnes, Bob McIlveen, and Buz Reynolds, Jr. present.
Mayor.Jack Fawcett and Mayor Protem Judy.Yoder were absent. Also,
present were Town Manager Bill Efting, Assistant Town Manager
Larry Brooks., Administrative Assistant Linda Donnellon,'Town
Attorney John Dunn, Town Engineer Norm, Wood, Special Events
Coordinator Dana Maurer, Fire Chief Charlie Moore, Police Chief
Gary Thomas, Director of Community Development Mike Matzko, and
Administrative Assistant Jacquie Halburnt; as well as members of
the press and public.
Citizen Input:
Public Hearing on the 1998 Proposed Budget
Acting,Mayor Reynolds, Sr. asked if any
on the 1998 proposed budget. Hearing no
Reynolds, Sr. closed the public hearing.
Resolutions:
one would like to comment
one, Acting Mayor.
Resolution No. 97-60, Series of 1997, A RESOLUTION APPROVING THE
ISSUANCE BY'EAGLEBEND AFFORDABLE HOUSING CORPORATION OF
MULTIFAMILY HOUSING PROJECT REVENUE REFUNDING BONDS, SERIES 1997,
IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $22,860,000;
AUTHORIZING AN AMENDED AND RESTATED PROJECT AGREEMENT; AND
AUTHORIZING INCIDENTAL ACTION
Town Attorney John Dunn stated the purpose of this Resolution is
to authorize the Eaglebend Housing Corporation to refinance the
debt on the-Eaglebend project. The structure of that project. is
such that the consent of the Council is required for issuance of
debt and for changing the terms of the debt. The net, affect of
this will be to reduce the interest rate"and pay down,the.debt
more rapidly and leave d balloon at the end, which-is
considerably less.
Councilor Reynolds, Jr. motioned
Series of 1997. Councilor Benson
motion carried,unanimously.
to approve Resolution No. 97-60,
seconded'the motion and the
Resolutions:
Resolution No. 97=61, Series of 1997, A RESOLUTION APPROVING
PRELIMINARY,AND FINAL PLAT FOR THIRD SUPPLEMENTAL CONDOMINIUM MAP
OF THE-GREENBRIER CONDOMINIUMS - PHASE NO. 1 (UNITS 27-32), TOWN
OF AVON, EAGLE COUNTY, COLORADO
Acting Mayor Reynolds, Sr. announced this is a public hearing.
a 0
Town Engineer Norm Wood stated Warner Developments, the owner of
Lot 34, Block 2, Benchmark, has submitted a preliminary,and final
plat for the third supplemental condominium map-for Greenbrier
Condominiums. This is the fourth building in a multi-building
project. Staff reviewed the plat and recommends approval.
Councilor Benson motioned to approve Resolution No. 97-61,,Series
of 1997. Councilor McIlveen seconded the..motion and the motion
carried unanimously:
Consent Agenda:
a.) Approval of the October 28, 1997 Council Meeting Minutes
b.) Approval of the Intergovernmental-,,between the..Board of Eagle.
County ; Commissioners and the Town (5f Avon `referr--ing to 'the
Joint Consultation 'Area for use'in planning and zoning
decisions
c.) Approval of Resort Entertainment Contracts for, Holiday Party
d.) Financial Matters
Councilor McIlveen motioned to approve the consent agenda.
Councilor Benson seconded the motion and the motion carried
unanimously.
There being no further business to come before Council, Acting
Mayor Reynolds, Sr. called for a motion to adjourn. Councilor '
Benson moved to adjourn. The motion was seconded by Councilor
Reynolds, Jr. The meeting was adjourned by Acting Mayor
Reynolds, Sr. at 5:40 PM.
'r SPE ULLY SUBMITTED:
Patty LamberCMC
Town Clerk
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