Leadville / Lake County Regional Housing Authority - Regular Meeting

all right looks like we have everybody oops the time is 5:32 I would like to call this Leadville Lake County Regional Housing Authority regular meeting of March 19th to order looks like we have all the board members are present this evening thank you for that and we do have some guests if you want to introduce yourselves go ahead I'm Richie muu Richie muu is an applicant for an at llarge uh board member seat um and my name is Melanie Wigan Melanie Wigan is also an applicant for our atlarge our remaining atlarge board member seat um it is not on the agenda but if I we can listen to um anything that Richie and Melanie have to say without any objections um I'd like to go ahead and do that at the beginning of the meeting so they don't have to sit through the entire meeting lovely does that sound good for everybody yep all right Melanie please um well I did prepare a little bit of a statement and um I did hear the apology but I I kind of brief over that a little bit um hello my name is Melanie again um congratulations Tracy Fletcher um in attaining the new position within this Authority um you sounded very um uh hard to compete with and highly qualified so um I think they going to be a great addition to this Bo um I was a bit surprised to hear my name um in the discussion of applicants from the meeting on March 3rd um 2025 um I hadn't heard back from anyone

so I considered that perhaps I submitted my app a incorrectly um it it was bothersome to hear my name and um and then watch you all act like I had ignored emails and requests to attend an interview session on the 3 um I I would like to know um what email this Authority has on file for me and respect respectfully ask that communication is done directly with me um instead a verbal relay through my busy husband who doesn't remember speaking to his employer about this meeting um I don't wish to discuss that matter any further because I don't think it's in my best interest because since commissioner bolak is my husband's employer um I am here to set um the record straight um my application submission was never confirmed um and I never received an invitation for an interview until today so I here I am yeah just to clarify that um Mr northcraft did um email you but he used a gmail.com account instead of your icloud.com so just an honest mix up and um and we do apologize for that so we're glad you're able to make it tonight thank you um if I'm um going to be seriously considered to join this Authority um what I can offer is very different from the other applicants and current members um Lake Comm Lake County excuse me I don't know said up like like commissioner Bullock had mentioned I have four kids which I homeschool my husband is a contractor my father-in-law is a nonprofit and Workforce housing developer in Sydney moan um I have worked with him in the past but for the last 10 years I've been a stay-at-home mom which makes me very available for meeting the needs of this Authority because aside from my family I have

nothing else competing for my time I'm here all um I'm here in lville and my County all the time I don't leave the county or town if at all my husband works within the county and town um that is why I have more time in the day to catch up on County and City Civics um I am an Avid Reader researcher writer which allows me to learn and articulate things rather quickly I went to un the University of Wisconsin and Stevens Point to study geographical information systems and Sciences my core studies included land use planning urbanization Parks and Recreation remote sensing minerology petrology sedimentary geology map design and production conservation and structural geology which comes when it comes to the EPA and super fund site concerns I'm well equipped to navigate that data um I am interested in learning why some systems rur or Urban persist and uh prospering While others persistently decline by some provide social environment that fulfill the dreams and hopes of ambitious and hardworking communities but others cruy disappoint the hopes of parents wanting to improve life for their children I'm hoping to help find a solution to our unhoused problem while maintaining relations and desires of the taxpaying public I can offer a very different Viewpoint that does not seem currently reflected on this board um and so I thank you all for your timeing excuse me considering my application thank you now do we have any questions yeah specifically on uh conservation word could you describe that a little bit more um well you know like conservation is taking care of the earth and you know

providing um you know for example our River like healthy water table um and that you know is you guys are well aware of being in the super fun site we have a lot of environmental contaminants and he write some of your papers actually they're very great and um uh you know it's it's a concern um for our health as humans and for the health of animals and Wildlife um in this area so um conservation you know I guess um in my studies you know I just learned the delicate dance of that that type of work so very focused on the environmental impacts of like human things yeah you could say that to General appreciate [Music] that well when you talk about the um bringing a different Viewpoint to this board can you be a little more specific about what you think you're bring that isn't present yeah um I made some notes from the previous um contenders as it were um and uh for instance um well this this might be an agreeance I agreed with Kendrick Carberry from your um previous meeting um that oklah homes has too many red flags um I don't think that red carpet treatment for multinational corporations such as Brookshire haway um should be given at the expense of taxpayers um my Champion is not re Rockefeller but perhaps Jane Jacobs um I kind of have a list so if you would you want me to keep it yeah yeah um I don't agree with putting the taxpayer shareholders in debt for perpetuity um that begets gentrification where newer

wealthier taxpayers with um with higher taxes across the board priced generationally um lowincome homeowners out of their homes and gendering a housing crisis um no more I I I don't agree with donating land without taxpayer or shareholders consent um I know a lot of you probably know me from the concerns of Harrison Park so I I don't believe it's within the Public's best interest to take away our parks for new housing subdivisions especially when um the the desire is overall growth um we are already in a a deficiency in park spaces per population requirements as stated in our Pros master plan plan from 2022 um and so if we get rid of these kinds of parks um I don't think we'll ever be able to afford to get purchase them back or have Parks like we have currently if we get rid of them um this Authority owns um improved blighted properties those could be sold for more money on the market um it would not be a loss to the public if this Authority stops hemorrhaging taxpayers money or subsidized project housing and replaces it with revenue from the sale of the land and the tax pay that you could G the taxes from um uh and from the last meeting it sounds like some of the costs especially with like the incoming tariffs and everything um it just sounds like the building costs are going up and it might be unable um and nobody including the applicants on the line for these projects will be able to afford this including us as the you know better um Michael yman repeated in the land use planning Joint Commission hearing grants do not mean free money

and there's no such thing as free money financers or funders they'll be putting this is what he said sorry I'm quoting Michael funders they'll be putting on their own due restrictions their own requirements for these projects if we take their money um Can this Authority s and then I just had some questions to I guess mind if yeah I was kind of curious like can this Authority influence new mortgage products instead of on some of the debacles we're kind of getting ourselves in um and then also can this Authority influence loosening building codes because codes drive up building costs not necessarily hyp restrictions I know that might be contentious around here but um things like tap fees and septic regulations [Music] then you feel comfortable with us answering those questions or um as far as codes go I think that would be shap in this department if you're comfortable with I'd be happy to take the second part of the question um you mentioned specifically I'm going Circle back to you um so when it comes to those types of fees there are actual ways for us to kind of circumvent those and that's through the sanitation district and through the uh water district Parkville water and Leadville sanitation respectively um waivers fee waivers um and those are achieved by asking those boards to give those waivers actually something that we did do for the most recent project uh Parkville water was very open to it and did get waiver some of those fees um and the sanitation district was not open to that so that's Bor dependent we don't actually have any authority over that and it's more so as collaborating

with those entities to hopefully in the future um allow for future collaboration for uh loosening those fees um codewise I usually there's a good reason for those codes and the codes that we have are actually state requirements but I'll let shapen if you feel comfortable take on some of the more specifics um on the code in terms of why it is that we have building code yeah sure this is by way of introduction I'm my name is CH L I'm the planning director for the city of Lille I'm here to present tonight on another item um but I maybe I could help answer some of those questions um I know that um I was regularly attending the Regional Housing Authority meetings did did Advocate to um the districts on behalf of the Regional Housing Authority for um um for certain waivers reging fees for foral housing projects so that so advocacy is one area in terms of reducing fees um and that is a role that this this Authority has taken on uh regard St in the code piece I think we use the term like building code um so just to clarify um like within both city and county jurisdictions there are local zoning codes and then there is there's basically a joint adopted building code and we so the zoning codes very uh very differently but the zoning codes are most likely what is going to regulate Building height um and uh and those are very much local control um the U the building code so we are using the 2018 adopted International building codes those would uh I'm not the administrator and Schneider with the Lake County building department is the administrator of the the building official for the building code I do not believe the building code would regulate height specifically but there would be other components of the building code that could relate to affordability um there's there's arguments on both sides of of of um building codes in basically uh more the later updated building codes either increasing or decreasing um U the cost of housing you can have increased construction cost and you can have

reduced ownership cost um so that's just a very big very big conversation but hopefully that provides some clarification well if I can add on I guess I was thinking too um for the building codes my concern is like for everyone is that or are these um leniencies just for this board regarding like the so for sanitation in Parkville it is up to the board to decide when they have discretion of uh waving those fees um historically and traditionally in the United States those are saved for these types of projects where it's providing a benefit for the community um such as uh housing that residents care residents can buy um instead of having to rent um or any other such housing project similar to it um that is times when people go into to ask for waiver it's not technically limited to just us but that is who is supposed to get them like big developers aren't supposed to get them um if they are for-profit selling then I would hope the board would make those waivers I guess another way to say that is that like well going back to the piece said the this board previously advocated to the district's utility districts for um reduced fees waiver fees Etc and that would have that a conversation was related to in exchange for deed restrictions and which this board would would likely be the administrator of the deed restriction yeah well I guess because I was thinking like if we luse some codes like just to say for like residential you know ordinary residential owners um and they wanted to increase the density on their own property you know with is it the I kind of forget the terminology but it's like the0 ACC um yeah accessory something like that are we is this the body that or the authority that um can

suggest that or you can suggest it but it's determined by the Ling and Zoning Board and they make a recommendation to whatever governing body regulates that whether it's the county or the city and yeah you're in the ballpark so like for example on the agenda tonight is a is a project that is proposed as a deed restricted project and that property is subject to the city of ledville zoning regulations that property did receive is I should say is in the progress of um receiving approval from city council for uh for increased density in exchange for a deed restriction which this and that's why it's here tonight which this board would be the administrator of the deed restriction should all that be approved by the applicable boards so so there is chances for us to collaborate with those we're not really going to be the people who strive for those Partnerships it's usually up to the individual pursuing those boards but we can certainly continue to collaborate such as in this case um in those situations but yeah if that makes sense and just lastly like do you guys know about um I mean what I my first question was um addressing different like mortgage products I don't know like do we have um influence with our banks and so um traditionally speaking there are options for Regional Housing Authorities to uh work together with specifically the USDA unfortunately in today's climate that's just not possible cuz Federal government's kind of not accepting those types of workarounds right now unfortunately but um it's not out of the question that in the future we can collaborate with either the state or um the USDA to create some sort of lower mortgage rate uh progress it's possible that local banks could want to work with us but like

that's typically I don't you don't see those types of relationships built out um unless the banks are like really small or locally owned um bigger corporate banks are much less willing to create those Partnerships uh at least in the examples that I've seen uh in chaffy and Sumit a few other housing authorities I've talked to so it it's certainly possible and there's certainly programs that we could create and different types of mortgages that we could have for example we could set up our own rent to own program um kind of eliminating the whole middleman in the first place uh so there's options in the future but those are all requiring higher amounts of funds that we would need to have internally um but it's not out of the question I guess is what I mean to say and last bit of time I hope to take but our is our local small bank is that considered a bank that's doing something like that I we haven't had those conversations that we're not there okay yeah I would say the author at this point this Authority is more of an advocate for certain things a collaborator for certain things we're not really making policy in terms of code and um waivers for taffies and things like that um some housing authorities get to a point where they can be a developer we are not is that the goal something that is always on the table but I don't think it's a goal at this point yeah I think the way and I really appreciate the questions that you've asked I appreciate the genuine interest

shown um the way that I personally as a board members see this as as um uh board member Hill Express it's an option that's available to us in the future certainly something we don't necessarily need to say no to but at the current state of not only this board but uh the community in general and the funds available to us it would not make sense for us to be a development team we don't have the Manpower resources to put developments into gear as we very clearly found out um which is totally okay I think um it it isn't out of the question but I do think there's uh roles that we can play such as uh administering deed restrictions um or more Revenue bringing things like potentially looking at uh administering rental programs or something else in the future but all of those even the rental programs require much higher funding for these uh things even if they are Revenue Bringers they still require a base level of um of already established revenue or capital for us and and this board is completely voluntary right there's no no one's getting paid some um we did recently remove um the Restriction that allowed uh or rather restricted payment to at large members um in agreement that we had some time ago I has to be updated in the IG between the city and the county so it's possible that in the future we could consider it but at the time we don't have enough money to pay at large members but it's not out of the question forever thank you yeah if an if an at large member ends up getting paid it would be very nominal stiping yeah be a couple hundred bucks a month or something like that yeah probably yeah all right is that it that's all

com question question yeah so it I'm sorry I get your right that was not intentional late at night and I guess I sent a couple others to gmil um it kind of sounded like you were against the Harrison ball fields project and the County's 24 unit can't remember what we're calling thank you is that did I hear that right yes okay at least the the way well for Harrison Park I think it I believe it should remain a park um forend to I just think it seems like it's turning into a quagmire of issues and and since it's developing already I'm wondering if if you guys could just sell the land back to the market that's not us yes you don't make that decision we don't the the Housing Authority doesn't own that that's a county project oh okay yeah so that that that direction or question should be that yeah okay so I guess just kind of inpoint that a little bit more in general are you against developing new units or is it just this specific that specific issue that you had with it the fact that it was a mess uh I mostly that specific issue and some of the funding that was going into it I just think that it could have been cleaner and I I'm not against um you know I think the the community as wise there's housing issues that need to be addressed um and I just think there could be cre more creative ways that might be lower cost and less of a burden on the taxpayer than um the current route that was being um pursued as a thank

you all right any other questions Matt you got anything I do not have any questions okay thanks you thanks you're welcome you're welcome to you're welcome to stay you can leave what whatever you would like yeah and uh now let's hear from Richie uh hi everybody I'm Richie M um here having me I'm sorry I couldn't make the meeting on March 3rd um it's out of out of cell range um I work I'm the energy program director at C4 uh Cloud City Conservation Center um I have a engineering background and I work um um on wind turbines for about 10 years so probably pretty obvious that I have um you know that that I come to uh that I come to a lot of this with you know energy conservation and sustainable energy um thoughts um that said uh I'm a business owner um I started a wind turbine maintenance business on the Front Range that grew to over 100 people so the bottom line is what's important um for any of that stuff um you know I worked some in uh I did some residential remodeling a little bit uh so I know my way around how construction projects um and uh you know I recognize that we have a pretty big um housing issue in Lake County um and I don't believe that I come in with

a lot of um preconceived bias as to what the solutions are but you know I think of myself as a listener and a thinker and evaluate everything you know the engineering background Problem Solver um just evaluate what's in front of me don't come with a lot of um preconceived notions of course you know I do energy conservation for a living so for example you know I'm sure that at some point somebody's asked a question do we want to spend a little more on you know more efficient stuff it has a lower operating cost um that's always an issue and I just believe that we need to consider the full life of the project but I'm not going to come in and with any preconceived notion about you know that we have to do this we have to do that um yeah and I I just figured um I probably to be completely honest have you know less uh you know I'm less into this than probably everyone else I'm I'm I'm more of an outsider um and uh you know I've been here five years but I still feel like an outsider in this community um years doesn't get any yeah um so you know I I believe that there's a a problem with with housing uh affordability and um I'm All About Outside the Box Solutions and thinking about them and um very interested to see how I if and how I can help out so that's why I'm here all right any questions for

rich I have um can you describe a little bit more about what your business is uh the business that I started when I lived on the Front Range uh was uh is that what you mean um uh we started with wind carabine maintenance I worked for a wind energy company and it went bankrupt and so me and three other people from that company started finding turbines and fixing them and then we expanded that to many types of wind turbines solar and Telecom Towers and that's all maintenance work maintenance and the Telecom is like antenna change outs so essentially maintenance but you know upgrades is that Integrity wind systems uh no that is the company that went bankrupt M to Consulting uh it's ethos distributed Solutions oh got it oh yeah okay yeah one followup question on that did you were you like the main I guess manager of the maintenance plan of these uh wind turbines and other such things that you were doing well I was the I mean the the maintenance plans come from the the OEM the original equ man manufacturer right um but you know I and others would be responsible for executing them and that's you sold that or silent partner or uh silent partner since about middle of 2016 and less of as silent partner for about about a year ago okay so like it sounds like he got a dayjob with C4 and that I became less of a silent partner with that company about a year before I

got a D C4 okay so when you say less of a silent partner you don't mean more talking mean less active less active less active yeah okay yes I see I see what you're saying Sor less silent a louder partner no that's not what to be okay okay Richie I feel like this you know this housing direct Housing Authority hasn't had a staff since we had Jackie even though Jackie is being really generous um and we are looking for a an executive director so I my sense of this board is that it'll be moving towards more like needing operational and administrative knowhow at this table which is one of the reasons why I'm so grateful that Tracy put her name in the ring for your local experience and for your administrative and operational background um I'm just wondering like what of those skills you've clearly been a business owner you've worked as a consultant for other companies you work locally on our housing infrastructure like what do you think you'll actually bring to this board when it comes to our administrative strengths that many people I mean I I think I would bring a you know an open mind and I like to think reasonable decision my team okay yeah we all wish we I guess we all like the big that but you know yeah okay thanks I just I have a question for the whole board being this was my first is there like on my board I have a matrix that shows you know like what skill sets who's who's at our table I asked this last last time yeah so um which is really an important thing do we does the

sort okay I didn't think so that's why I just it I've been trying to think about what this Board needs too that's why I was trying to articulate it so because definitely like looking at your skill set and your and my skill set and you know kind of everybody what at the table already yeah yeah there just curious It's good question not yet we can develop that I have one awesome thank you and I guess um to the ethos question so it started as four people and it's you know maintain wind turbine solar panels stuff like that and then it grew to 100 people so what was your I guess role in that I assume starting out you you know you're scrapping for everything and you got to be the one that's climbing the towers and then how did it get to a 100 people and kind of what was your role within that um it was scrapping for everything the whole time um we were I would say I spent the first five years in the field started out some health problems from staying staying you know just being gone all the time and um it it it wasn't a it wasn't a lifestyle job um and then yeah as we grew um I mean I I I had various titles at one point I was CTO Chief technology officer and at one point I was um sales engineer something like that you know uh so I was um yeah I'd say probably the first five years I did fieldwork and client management and then probably more client management for the lot after that okay and um it sounds like the residential

remodeling that was pretty light duty stuff few projects here there few projects here and there pretty light I was you know so yeah okay okay thank you Richie have one more applicant that we wanted to hear from he's not able to make it tonight that was Matt Delaney he did email me um something um to read to the board tonight as far as his interest in being on the board um so I'll go ahead and do that Matt Laney here really appreciate the opportunity to be considered for board work with the Housing Authority so much opportunity exists in our special Leadville Lake County High Mountain Plateau playground because of so many who cared for so long to make it into what it is and to consider what it can be like the Colorado saying of old Winters bring you Summers keep you the races brought us but the people kept us we fell in love with ledville and the summer 2010 will be my me my wife and her four children our kids now adults we're quick to complain why do we need to go back to veale Leadville is so much cooler in 2012 we checked around with locals to make sure buying a house was okay there were a lot for sale for a long time we planned for it to be a home not just the second home and wanted to be sure we could be there a lot 2014 gave us the opportunity to buy a building on historic Harrison again there were a lot for sale for a long time we wanted to do it right

helping along a 14-year tenant for as long as we could giving two locals a chance to make their Mark 2017 we were asked by the city on a hill ownership to participate in their work and local locals took notice got us to a Leto general contractor who got us to a Leadville architect design team for what became the famous um eight employee apartments and a fun pasta Pizza Pub and the experience to know that our thought process of providing fair food in housing to fund people could be a viable business opportunity we are committed to Leadville its people its history and its Future IT excites us we can't do anything with we can't do anything with each other nor should we want to and we have always been committed to sharing our experience and knowledge the ups and downs and we believe we can continue to work more fun projects happy to be of assistance service support or problem that exists not only in Leadville but in countless communities around the country none as special as Leadville thank you Matt fortunately he wasn't able to be here tonight so that's what that's what we heard from there Tim do you know um what Matt's timeline looks like in terms of being in town and out of town uh I don't specifically know the only thing that he told me was um they're going to be empty nesters in August okay they currently reside on a

more full-time basis in Pennsylvania but when they become empty nesters they they'll be spending a lot more time at their residence here in Lille okay yeah thank you all right um let's see yeah believe we've heard from all interested applicants we'll get back to the agenda okay that's the approval of minutes we got the approval of the March 3rd Special meeting minutes has everybody had a chance to review those yes thank you Jackie for being on that and do we have any uh changes to those minutes anybody see uh it's probably just a knit but I don't the action items it's got the city in the city sorry I think one of those probably is the [Music] county oh did you I thought we had AI making these for us no no AI said um Jackie said Jackie saidie wasn't here well gold star for you where's where you [Music] looking no under Bott first thing under minutes M Hill wanted to add the city is dedicating 136 2A funds and city is contributing towards oh 70,000 towards Ed position yeah that's

all that's all okay so it's 136 GS 70 of which is earmarked for no it's two separate igas one is the IG that funds the executive director the other is the IGA that dedicates more funding to the actual running of the Regional Housing Authority something will clean but there two IDE okay I thought the city was contributing their out of the 2A correct both both both of the numbers are coming out of the 2A yes we are adding those together to get to 206 coming into the hous yes all right well Jackie I guess you did okay it's silly anything else I would entertain emotion to approve the minutes I'll move to approve the minutes from March 3rd 2025 Lun seconds all in favor I I I thank you Matt all we in FA or is there any opposed all we in favor all right on to the discussion of the potential of the Regional Housing Authority to administer the de restriction the thest portable housing project before we start I just want to acknowledge as a voting member on city council um I don't feel comfortable voting for both entities I'm happy to be present um if you all want me to be present I don't think it Praises that much of a conflict of interest given I have no connection to um the applicant but um I don't know that it makes sense for someone to take a little on both seats unless yall object to that would be can I add one comment may help clar

verify theu um so the um the city council's um primary review of this and and I'll introduce this when I get to that point but the primary view of this would be related to the ordinance that authorizes the development agreement essentially as an attachment which includes the deed restriction as an attachment and um the city council um has not finalized or would not be finalizing the um the final form of the deed restriction um at the second reading it would just primarily be the terms of the deed restriction so um the review tonight that would be in front of the the board including members that are also on the city council will be primarily related to the form of the deed restriction not necessarily the the terms okay so it's two different so two different at this moment we were talking about different things yeah I think that's a safe way to summarize that thank you for that clarification sure then that's the all right so with that being said will let um chapen present all right uh good evening I introduced myself earlier so I'll skip that part um Victor I'll just speak to you is it okay if I just introduce this you can look here oh y sorry Victor is it okay if I introduce this uh um just kind of procedurally and kind of the formal part and then kind of turn it over to you to introduce the background on the project absolutely okay all right great um so I'm just sharing screen here um curently I'm wearing the same shirt so this must be my favorite shirt it's embarrassing I know right would do that uh so uh so good evening again I'm shaping with the city planning department um this project um which we're going to call um the philcrest project proposed by um philcrest Incorporated um Victor will introduce their their team in a bit um this project has a a bit of History um and

I've explained this fully at city council it's been going on for a while there's some history with city council approval in terms of the entitlements of this project um long story short the um the entitlements did expire the um development was never proposed was originally proposed as four units um more recently the developer um f Incorporated came to city council for work sessions for a six unit development uh deed restricted at 20% Ami I believe and um explained that there was an issue with the density of the of the the property the zoning the base zoning would only allow for one unit of density and um they expressed interest in um in proposing a six unit development um but would need some workaround for the density issue um city council um considering this project and other projects passed an ordinance that authorized city council to enter into development agreements with the developer and that's a statutorily authorized authorization essentially um and so since that those work sessions with city council uh city council has passed that development agreement which allows developers to receive a waiver of certain code limitations which would include density limitations in exchange for providing a public benefit which can include uh deed restricted housing uh since that work session and that passing of that or the applicant did um apply for both an administrative site plan and for a development agreement with city council and uh that was recently a first reading public hearing was held at city council um and city council passed on first reading an ordinance um that would approve a development agreement with a deed restriction for four units of affordable housing at 80%

Ami and uh so what is in front of you tonight would be as I mentioned earlier the de restriction um which is kind of the third layer of the documents that city council will be approving and this is scheduled for second reading on April 1st uh I can I could talk about this for hours um so that's just a quick summary on the screen is the uh is the conceptual renderings of the of the project the Planning and Zoning commission um also reviewed this and there was a a site plan that was approved uh with conditions and one of the conditions was the development agreement authorizing uh the increased density to four um to four dwelling units um was approved by city council um I'll wrap up here with just getting getting right to the um the key thing that we'll be reviewing tonight oh sorry let me stop sharing and [Music] reshare uh so coming on the screen is the deed restriction which is included in your packet uh this is seven pages again this is essentially an exhibit um to the development agreement which would be an exhibit to the ordinance uh the key terms in this deed restriction would be that the units would be restricted to 80% area meeing income Ami and that the Regional Housing Authority um administer the deed restriction but then for some reason that doesn't work and I'll show the exact language that the city of leville can administer the deed restriction since the first reading at city council um the City attorney added this section to the deed restriction which will be reviewed by city council at second reading and this speaks to cooperation between the city and the Regional Housing Authority um for administering the deed restriction and that's would be the main change going back to city council prior second reading uh there's seven pages here lot lots of legal language but

again key terms being um 80% Ami which is on the bottom of page one um definitions for qualified household qualified resident and I think I'll just save the time to um turn the floor over to Victor to introduce and that way we can get to questions as soon as possible Victor all yours all right uh thank you to the board for having us tonight very excited uh yeah we bought this lot um over there behind Family Dollar 220 East 11 back in 2013 and um it was basically me my sister and my niece we were just throwing around ideas of what we could do how we could do it you know we went through shipping container ideas and all all different kinds of thoughts about what we could do and then about uh two years ago I happened to be looking at the chaer website and I saw that they had a small scale housing program that they were starting up because um a lot of you know affordable housing developments are you know often hundreds of units if not you know four or 500 units or whatever so I finally got in touch with chaa and they have put me in touch with a team that's going to help us follow through with it we have um tonight we have joining us our attorney Mark Barry and also Mary codington which is part of the Cher team that's helping us out so thank you and look forward to working with you thank you Victor absolutely I have a question I have never been a part of administering a deed restri chain what is entailed in doing that well I think there are um there are options um I think this is probably a good time for me to

reshare um the dection getting into the um kind of the technical part um we're going to pretty quickly get to annual verification um as one of the key components uh so there's a requirement here for the property owner and I maybe I should back up and and say that this um project is is set up to be a um to be r a rental project and um could not be a a an ownership project where we have separate owners um in other words where Fest um conveys title to individual owners unless they went through a condominium subdivision and there's some legal language in this ordinance that contemplates that that future situation um so we we should say that it's possible in the future but um we are right now we're looking at this as a rental situation and so this annual verification section would include both rental and uh potential future owners if it was condominium ised but there's a requirement for annual verification so that would come through the Regional Housing Authority um and I'm assuming ideally that would come through staff yeah yeah and so we're just um we're just making sure that people are qualified for this from year to year year year to year so initially and year to year okay initially and year to year yeah so the occupancy restriction that's going to entail going through different documentation and then and I believe the applicants team wants to add something to that Mary cin you have your hand up yeah good evening can you guys hear me okay yes excellent um my name is Mary

cottington I am one of the Consultants that is being supported through chaffa to help support this project and um just wanted to elevate there will actually be multiple uh covenants on this project there's this Covenant um that goes along with the development agreement through the city of Leadville there's also a covenant through the Colorado Housing and Finance Authority that is um one of the requirements for the financing through them and we're also applying for funds through the Colorado Division of housing which will also have a covenant on on the property and um they're designed to be in alignment we certainly don't want them to conflict with one another um but mutually reinforcing and so the question of whether or not the property can go for sale at least through the length of the loan term which is 40 years through cha it will have to be maintained as a rental property being rented at under 80% of the area median income and just a clarifi terminology in this case the deed restriction would be a restrictive covenant that terminology is it's synonymous was that perpetuity or that's the term of the loan this deed restriction this restrictive covenant um that you're that you're reviewing is in perpetuity okay yeah this is the point of the regional Housing Authority right like one of the points is that we start managing deed restrictions and it's one of the reasons why the Regional Housing Authority was created and one of the reasons why we desperately need staff as these things come down the pike right am I getting that right everybody yeah okay so that would lead to we currently do not have staff yeah totally um so when would we um have to actually administer the deed restriction what would be the timeline

occupancy um maybe I'll let Phil Christ um provide the latest update on their um expected completion of construction and when they would start to occupy and you can probably anticipate months before that so A few months before that okay wanting to um prepare to review um eligibility to to meet the occupancy restrictions gotcha yeah spoton we're hoping to get certificates of occupancy in November or December of this year um and so with this project there are sort of two management components there's the property management side and then there's the compliance side which is what the deed restriction would manage that you know the property's in compliance with all of the affordability requirements that are put on it and so um we haven't identified a property management company yet so we haven't talked about you know thinking about when we're going to start lease up but you know September October we we definitely should be at that phase of the project okay so we would have to have um staff in place and and ready to go on that by August or September six months and just a followup question on the property management would because that's something that the house Authority lots of housing authorities do as well would there be any consideration um if we had if we were properly staffed um for the housing authority to manage the property if that were within the scope of the Housing Authority that would be amazing from our perspective to have that all done in in one place but recognizing where you guys are in your process um we are looking for for other options that could be transitioned later on down the road if that became something that was in scope for the

housing authority to hear okay so I think beyond the mission of U administering deed restrictions and being the Clearing House for that this was also going to be Revenue stream to manage deed restrictions am I getting that right did you talk about that I don't think the deed management accomplish Property Management property management is what gains Revenue deed management does not gain revenue I think we I mean I think probably should be a nominal fee but maybe we need to think on that because that is going to be when we find some staff that's going to be some staff time to manage that maybe we say that gets figured out later that's part of our operating budget and those are just general funds because this is important to us um but I I don't know if that Mary if you guys have thought about that I we obviously have not really thought about it a lot internally yeah that's a really good question Dan um I actually don't know how other housing authorities handle that but um if it's helpful to you guys um I'm happy to chat with some connections at like the Broomfield housing authority and um you know chaffy and and other Mountain housing authorities and get some comparables for you guys to consider yeah that'd be great I I I hadn't heard of that before but I also haven't asked so it' be great to get a direct like comparison if other Regional Housing Authorities do or don't I didn't thanks Dan good point yeah thank you Mary looks like violation fees are like are covered but normal Administration it doesn't appear that there's that's addressed in this agreement no one question that I had for the applicants is um given that you

understand our situation of Staffing and I know we had the consideration of the city potentially running the de restriction for this reason but if um we were unable to get someone up to speed by the six months um would you all postpone your um like say we were close to but not quite at that point at at those 6 months in would you guys postpone your application process for a later date or would you just take the Avenue of the city managing those deeds a question forris I feel like they be yeah that's a that's a really good question um it's actually one that we need to have answered quite a bit sooner than six months out um we'll have to put down who our partner is that is managing the deed restrictions um in time for our May 1 application for our division of housing funds so we need a a a very clear partner that is willingly um and full-throated committed to managing those deed restrictions in order to qualify for those funds and uh so you know pretty important to us to determine if if we need a plan B just based on sort of the runway that we have I appreciate you need you need an answer by May first from from this board yes as to whether or not we canot manage that restriction and I guess a followup question to that is um if say you know for whatever reason we miss that deadline and we don't have staff on board either who could administer it or we just don't have staff on board at that time um and the city where to take it on later on the Regional Housing Authority becomes available to run that is that transferable

or yeah and I you know I would say um it definitely it is transp um the other piece is if you as a body think that you can be there or I would say you know have 50% Assurance the fact that there is a a plan for the city to step in if necessary in this document would satisfy I think the state's requirement for what we need so um I guess it would be our preference from an applicant's perspective that you know if you guys have a a decent sense are a strong hope that you can be there we would love to have you named as a partner and and kind of cross that alternative option down the road if need be um but there's nothing set in stone that we can't change who's managing compliance at any point so it would be better for you um to have us as a partner as opposed to the city in terms of managing the deed restriction so if we can commit to that by our next regular meeting which is April 16th um so that will meet that May 1st deadline and then if it ends up that we can't manage it it would be um pretty seamless to go ahead and have the city do that in our place am am I hearing all that correctly uh yeah that that would be our hope assuming that the city um has has the capacity there to step in it shouldn't something that um especially for a 4un project is too own in terms of capacity um and you know I think ideally it's a really great project for the housing authority to sort of uh start this this scope because it is smaller in

scale um but yeah so so long as the city would have the capacity to step in on that that's sounds amazing to us yeah it's maybe to fully answer that just from the city's perspective I would say just echoing everything Mary said it's it's preferred for the the Housing Authority understanding the constraints this is a small project it's four units my department would be responsible for this you know what we're talking about probably is just an initially situation um and um while I have never been in that role I have a lot of related experience that for a small project that uh and knowing the background of this project our department could adjust and we would have put SM things aside maybe with time management our department could adjust to make this happen oh it's great to hear so what do you guys need us tonight Look Tonight a discussion discussion and then just think a a request to put this on the the next agenda for an action item yeah and this has um we don't need to get into the gritty details of what the deed restriction is we just need to say we're willing to manage this when the time comes yeah our role is to manage the deed restrictions in this case right correct yeah the city council would be um determining the terms such as 80% Ami um and and but I think feedback on the form uh so you know your review of the seven pages if there's anything that you see in there that you seees an issue please let us know um and then but ultimately yeah the main ask is to administer the restriction this has our county has our attorney seen it uh I've emailed this to Jackie and two of the board members uh I don't know beyond that has anybody sent it I have not sent it to Kendra now it seems like that

would be crucial for our next meeting would you to do that yeah I'll forward that to her thank you has this that seems like a a good workflow to start here go go to Legal prepare for an action the city's attorney has reviewed this or created it or something drafted this should be a changes just Kendra and the City attorney are in the same fir aren they um I don't I don't think they are Hillary yes they're in the same firm oh I did not know that I didn't know that either this is Mark Barry maybe have a larger dis she probably needs to review it I I would be surprised if there was something that we really wanted to change um but I think it probably prent to go to her um when is hold on when is the second reading April 1 April 1 a week and a half so that'll be the final exhibit for the deed restriction it be yeah the final exhibit of the ordinance so we would need feedback if we wanted to change something if you want something in the exhibit we need to address that at the ailort second reading just one quick pause uh Mark I don't know if you're talking to us but if you are we can't hear you yeah this is Mark Barry I just wanted to mention I'm the attorney that Victor talked about earlier helping out and so if your attorney would want to contact me they could I also wanted to point out that the obligation and the onus of this U for um your purposes of managing this is really on the owner to provide you the documents listed in section four all those items on an annual basis need to be certified by Victor as the owner of

the property and obtaining and Comm um providing those documents for you to review but he certifies that it's all correct and and so that's helpful for you in managing this to see you don't have to go about trying to collect these documents it's an owner's responsibility and then it's just a matter of um viewing that documentation of of these four units um hopefully that helps a little bit it does I mean that's like the biggest lift yeah of maintaining these thank you for that Insight Mark sure sure I guess I feel like we owe them a little Direction on this so I will go first I think this is one of the housing authorities core responsibilities or what we can produce for the community I think it's an easy place place to start um I assume it has to be on the agenda to take a formal vote but I think we should do it and I think we ought to maybe this gives us a little more impetus to find an executive director and some staff and a hard deadline because this is coming at us and we need to get this done I depending anything crazy in the agreement I think it's a great idea and we should do it I fully agree that it's core this is exactly what we wanted to do um it will help us in even greater of a LIF than I initially thought to be honest um just ease into deed restrictions and understand that process more and more uh as a board especially hopefully staff already has some experience but if they don't even for them um honestly this that isn't a crazy lift to be honest I do way more than just that during my day job at C for and reviewing applicants so this is this is a relative like I don't I can't see anything easier than this as a first project of uh administering deed restrictions for the Regional Housing

authori so I think it'd be dumb for us not to try to commit to this one way or another Al so I totally agree yeah I totally this seems easy it just seems like due diligence to get it in front of our attorney so we can get that stamp of approval and move on okay do Tracy um no I think it sounds great and I was just thinking too um if there isn't somebody managing I was just trying to look up who the man we have a manager at Mount massive manner um there's property manager there they have to do income verifications things like that and that may be a Manda that does some of that but there is a property manager for that property it it could be a possible temporary option also or we could just poach them for staff so whichever so just just see like who's over there that's kind of managing you know that property with it for the city and for that housing authority that might be an option I cannot think of who it is off the top of my head um Amanda's a building manager isn't I Amanda's man manager but then there's a property manager through yeah um Overland is that who ises okay yeah and I think it's two different things and we're more focused on the on the managing of the deed restri now but certainly down the road we need to explore that property management component Mary sorry I I was actually looking online to try to find out who is managing Mount massive Manor so if you guys do have that name I would love to reach out uh actually Tracy is on that board which is a different Housing Authority oh okay Tracy is on that board so and I can't think of who it is off the top of my head if you two want to connect um she she can help you out with that

perfect awesome I'll reach out okay do we need to uh never mind the whatever the compensation we come up with would not be in a deed restriction we could manage that we can figure that out later I think that could be like a a policy outside of the deed restriction yeah yeah I guess record that that would get messy pretty quickly yeah that's not something we would want that agree you're right yeah let's not make things messy D I'm doing my best okay um I believe Melanie did you want to comment on anything you could briefly comment I just have two questions um I was just wondering so do the deed restricted properties through this property that we're discussing um do they get removed from the tax roll that would be decision for the Lake County Tax Assessor and I I know I have have had questions about that in the past I have never discussed um modifications like tax assessment for deed restricted properties uh with a tax assessor I would be willing to uh to talk to them and find out about that I think that we haven't done that because we don't have any deed restricted properties essentially we may be getting there so that property currently is on the tax road this this vacant lot yes okay and then I was just wondering do does the llch that's um do they collect the rent who collects the rent so that would be the property manager whoever they decide manage as the property would be in charge of collecting rent and having they go to the proper venues and what are the so we don't get Revenue in that it's not it's not our project so this is a developer project so they okay they are doing all we're only

okay I I see I understand sorry I was thinking this was like a project that we're in the future we it has been talked about that we could also be property managers in which case we would be collecting rent okay yeah and in which case we would get a commission and generate revenue from doing that that's where my question we're just starting with deed management that or deed restriction management right now and what Mary was talking about was like in the future it would be wonderful if this group could get to that point but we don't staff at the moment but we're trying to like slowly build towards oh interesting okay but even if it was managed by the Regional Housing Authority ownership could still would still remain with with the property okay and who was that currently uh pH philcrest Incorporated so so Victor is one of the managing members of It's a a nonprofit Incorporated I'm probably butchering that would it's it's a nonprofit okay so then do sorry just one but um the rank does it go to him then yes it would go to B CR incorporation yes Victor's been working on this for at least 10 years I've seen it and yeah back when he was on the historic preservation commission I remember this coming up like he has been diligently working to try to make his property accessible to the working class of Lake County there's his his like in spirit is embodied in Victor's project I would say there's kind of a summary of the history of this property in this project for uh for Victor's Pursuits with this property like in the the city council packet folder yeah and recording if you'd like to review that then yeah oh you you can kind of like read all the background on this on the city council's website okay yeah

yeah okay um so I think we have consens consensus um that this is something that we would like to be able to do for thest um it is dependent on us being able to hire some staff um but we will bring it up as an AC action item in the next regular meeting of the Housing Authority which I believe is April 16th and we're also going to UM Vet the Restriction through our attorney and make sure that there's nothing glaring and and all that kind of stuff right excellent what it just be easiest if um if myself and the thelr team reached out to um to the Regional Housing Authorities attorney and copied um cop cover yeah well I guess in this case it would be um sorry who was who's the Regional Housing Authorities attorney Kendra so essentially like myself and and thelr reached out directly to Kendra copied the Regional Housing Authority board members and requested this review just just for efficiency yeah great that' be awesome okay and I can get you her email okay and that's um I'll reach out tomorrow and get you done okay thank you and we'll be um back here Wednesday April 16th sounds terrific thank you thanks CH I'm gonna hang out if that's okay yeah yeah yeah for sure uh Victor markk Mary catch all that yes thank you all I just point out also falcus Incorporated is a 501c3 um nonprofit just so you're all aware of that as of the last couple of years so thank you appreciate your time thank you thank you so aesome thank you

all looking forward to working with youor thank you all right moving right along speaking of we do have applicants for the executive director position um has everybody had a chance to review those applications and resumés never any more excited I was surprised that having such quality applicants for two sorry sorry j yeah for only two applicants I feel like we got a good slate they're both good a little bit surprised to you be honest yeah um so those two applicants areus it looks like his main um his main qualification is grant writing he's a grant guy is kind of what I gathered from his resume and we got Rebecca lomberg who who is currently working for the chaffy Housing Authority chaffy County Housing Authority MH and um her resume is extensive in in the housing sector especially with affordable housing yeah very very impressive yeah yeah I mean on paper she looks extremely qualified um so we need to um first consider I guess I I don't really know how we want to go about this so we want to consider if we want to hire either of these two and if we do who would like to

be in that vetting process that hiring committee that's a good place to start I feel like um I feel comfortable with these two applicants being who we consider at this moment continue to have the application open just in case um but um moving both of them into the interview uh portion of hiring I think would be very very appropriate I think they're both qualified in their own ways uh for for this type of work so agreed I agree I think um they're worth an interview for sure um anybody else have any feelings on that no I think we should poop some champagne for having two choices yeah agreed okay um so that being said who would be interested in um vetting these two applicants and going through the interview process H how do you know how do you want to structure that yeah because generally I you know do like phone I would do a phone screen and then an inperson and then maybe meet board do that that feel feels like you'd like to be on the hiring committee sure Dan I think um making up for being one minute late I I think that's not a bad idea my perspective of this is the hiring committee would do that at the hiring committee level basically just exactly what you said um we probably skip the phone interview at this point and move to more formal one but that's a discussion the committee can have um and then the committee can make a recommendation with facts to the board as to what their

opinion is um if the committee feels like it'd be appropriate to have them both come to a meeting um of the board I don't see why not to be honest uh but if we have a slam dunk and let's not waste any time we can just make a recommendation and see where it goes I do have a question forgive me this is a county position no this is this is fully the Regional Housing Authority's position and our own it's housed curious that County and city the city does fund the position up to $70,000 for the salary they're coming to together if the position ends up taking on more of a seller because it is advertised I think up to $85,000 that would come most likely that would come out of the general fund okay of this Authority okay which is [Music] 136,00 okay um the the city does not provide benefits for the position okay so there is a lending agreement in place where the [Music] county how does that work L the city lends the position to the county that way the county can cover the benefits basically the county the county on paper employs this person but the full Authority or the person is only responsible rather the person is pointed to us as a board we are the person the yeah so so the position takes direction from this Bo not from the county not from the County Commission okay so we

don't necessarily have Folly like county or city hiring Pro no I mean we can't break any laws right outside of that but that's a great question because that it is um kind of a complicated issue right I mean not technically a County employee but gets County benefits right and the salary is largely funded through the city I a County employee because they're their workers comp all their benefit they have to be a count employe they are fully a County employee whose responsibilities fall under and report to the reg housing I under like County building generation yeah almost exactly like that County that's why know I'm just trying to be clear that they are count employee yeah yes and I'm happy to be in that process also thank you Trever we want toac and Dan um do we want it just to be a twers committee or I would be happy to play a role CHR Tracy do do you know the from JP County from not directly um I have talked to someone that said that they were interested um who was who I was referring to when I was saying we would benefit from putting this position out um yeah know that not formally know them but wow I was just amazed by their now I noticed you were unmuted there for a minute is there something you would like to add um no I agree with the slam dunk I think we should move forward as quickly as possible considering the time constraints of the May 30th deadline so thanks what just throw throwing an

idea out there what if we just had both of them come and interview with the board all right I think there too many I mean we're gonna that's a housing oh my God just a second a a committee would recommend if we had a bigger pool like three to go to the board to be reviewed by the board so we only have two and they're both excellent is there a reason not to I think the speed of what we move if we're a a subcommittee of three were're able to set up a meeting ahead of time and get this ball rolling faster than three meetings from now and especially now given the timeline I think it'd be like well on paper I agree with you yeah that like it kind of seems like I don't know that we would need a hiring committee for just two but um in terms of wanting to get this done uh before a May 1 deadline I do feel like we benefit from having the interview process started and um hopefully finalized before even our April meeting so that we can make a recommendation yeah if we can if we can get a recommendation in by that April 16th meeting that would move things along a lot quicker that be like a light speed for us I mean I could vote today a hole in the space time I can send out some options for our schedules and see what works and then reach out to the candidates and then dial down I'm assuming we can get city or county space to meet with them if we want to meet in person or is zo CH once here well one's in cha and one's to move here in April yeah I think we could work out LS that I'm pretty

flexible [Music] around our question I think it all works pretty easy yeah okay so does that work for everybody having your yeah tot Christian Dan and Trac has the hiring committee so we can move at a rapid Pace hope get an executive director are there are there some guidelines or questions or suggestions things that we want to have prepared we should prepare that prep you guys can about that I will say I if any of you have any questions you want us to ask please don't hesitate to email any of us I think let's let's work out the logistics yeah yeah yeah that will be up to theing committee there no prepared questions okay to say we can move along you have at large board member applicants do we want to go ahead and um Point our last SE this evening yes sure okay so we have um Melanie wi thank for sticking around let's not do that ja you can stay I'm just we to wait outside we we can just contact you all it was good thank you thank you yeah take care when we make a decision

then you know I usually get around to about four or five days later you he you'll hear when when decision is made thank you very much take care take care okay my large board member appointment um we have and and just for clarification Dan you did reach out to to Alicia initially I mean assuming I got the email right um I did not hear that from her so we never heard back from her although she is an applicant and anybody is welcome to vote for her as well yeah she seemed to think it was like a paid position it did look like she thought it was a job yeah that's why I was wondering okay who reached out to her you want me to check and see if I can spell her name correctly yes pleas yeah checking me sure you got the read all right so just in case so we can at least follow up yeah regardless um I'm happy to start us off if yall would like yeah sure um I think my initial thoughts are sorry pause is this something we do in executive session or is this a recorded part of the meeting it's a recorded part of the meeting we're not yeah if they want to come and review this they could be okay just just wanted to double check so just review we have Mel Wiggins Richie I don't know how to say his last name m m um who were both present tonight we have Matt elaney who was not be able to be present but did give us an email and um what's say the guy's name Nick Nick cello Nick Costello I believe

is still willing to be on the board and he also has indicated he is willing to be on a development subcommittee right so and Alicia feds Alicia feds so go ahead Christian great um I'm really only going to consider uh the applicants that we heard of and um Nick um heard of today Nick and Matt Delany um I think starting with um Matt uh My worry is the initial buyin um not buyin because I think he is pretty B in just based off everything but more so availability to be present um I don't have anything against anyone virtually so that's not something I'm will feel like have to talk against them but um without them present tense or questions of if they'll be able to attend virtually I just have a slight concern about that otherwise um they seem like a um they bring a different Viewpoint uh to the board that would be uh important a have specifically on the um rer side but I I just I don't know how comfortable I feel with um them only starting to be as available especially in person uh starting in August um Nick seems like a great applicant if we were developing I just don't think we're in that place yet but um there is a committee that we have that can help a lot in that and I think it'd be very important for us to consider them through that uh committee the development subcommittee um especially given that that's where his expertise is but in terms of diversifying our pool um of uh board members I don't know that he would bring anything um that I necessarily feel like

would be important for us in the next few months and years um that we can't achieve on our own um I think we can all be our own go-getters too um let's see I think for I'm sorry I'm blinking on her name Mel yeah Mel I appreciated the honesty and the Curiosity about what the board did I think someone who's willing to kind of learn the in and outs is someone we would want my fear is is especially after some of the questions that was asked um after the presentation how much of catching up to speed would have to be done really for both um Richie and uh her as well um but I appreciate the Curiosity I thought that was interesting I do have some concerns about um some of the skepticism and uh reactionary um talking about the projects affordable projects were happening that kind of raises a red flag for me um other than that she seemed like a great applicant to be honest but I do have some concerns with the affordability projects especially given in this work that those types of delays happen all the time no matter what type of prep work you do I I am worried that that could derail us um into a space that we don't necessarily need to get derailed in she seems open to learning and being willing to change that opinion Maybe but it's certainly still a risk and with Richie I think the biggest um risk is the same thing of having to catch up play catch up with someone who's an outsider and isn't playing an active role in the housing however I think Richie brings a different perspective from the energy conservation and energy usage point of view um especially with uh some of the rebate

programs that are coming online at the state and federal level um I think it'd be it would be important for us to actually have someone with some that expertise on board um that said um it it would I think requires some initial like work to catch Richie up to speed as well so that's kind of where I'm my thought process is I kind of want to hear from you all what your thoughts are before I feel ready to commit to one candidate but that's just generally where my thoughts were anyone else always have opinions else want to give good I mean um I like Nick's drive to get things done I think we would frustrate him uh to some degree on the board but maybe that fiction is good um to get things moving um I think having a board member that's vocally opposing housing projects would be problematic um I like the idea of Matt um because he's sounds I know he's not here now and I'm I wish he'd been able to make one of the two meetings but sounds like he will have some time has a hard for Leadville has done a project um understands what it takes to get that done um I think for Richie you know the small business stuff or growing the small business and scraping through to get that done I think is an important consideration I

you know he background in housing is pretty lacking um and I I don't know that we the rebates are important I don't know how long those are going to last f fedal level and the state currently needs to find $900 million or something um so I yeah and you know we're not going to be the ones that drive the development and select the equipment that goes on the house of the other things so I think I like I said wish Matt had been able to be here but it sounds like he's going to be more available so I feel pretty good about Matt um and I there's another meeting I was in with him um and he was you know articulate well spoken you know has a vested interest in the [Music] community yeah I agree um I think Nick is highly qualified and I do like his drive but I I don't know that he would last very long in the board environment I I will fully want him on the development some commun I think he'd be a valuable asset for that um in terms of Mel and Richie um I agree a lot with what Christian said about those two applicants but also I just don't think they have the experience in housing specifically whereas Matt you though he wasn't able to be here he does have that experience he's got the experience in getting eight housing rental units done

he's working on another project that I think is seven or eight Apartments very experienced at getting punched in the face he's yeah for sure and um he's got the experience in being involved in a local business as well as having a legal background so all that being said I think Matt has the experience and I say all that in hoping that he will be more available in the future so and I you know I didn't give I guess to be fair I just think experience-wise my vote would be with Matt to be fair I mean I tangent I guess I shouldn't be sending email was at 10:30 at night because I also got A's uh email on um but I didn't give you know I emailed Matt on Thursday night for a Monday or Tuesday meeting probably um so we could maybe adjust things maybe with a little more notice more available sure and I will come back to the question of and of well a couple questions is this does this need to happen today is the first question is there time till the next meeting to kind of bet through you know like you know some other folks um and maybe put together a matrix of all the skills sets that are sitting at this table and what this board is looking for um if it's not virgin to have this other board member yeah my only question would be legally do we have a cuz normally there is a legal requirement for boards to be filled in the governmental Space by at X

point I don't know that rig has that I didn't believe it alludes to 14 days so we're well over that so we don't have I think it's valid we've just never had this many applicants before so it's not matter I feel like if we could thr a l around a candidate um and I are at a little bit where Christians at maybe we say there's some urgency to get this done I we'd like to vote on officers but it occurs to me that yeah it'd be nice to have a full board to do that so if we wait another meeting and we got to wait potentially another meeting to be left I would like to see it press forward I just I just think it's like as I'm building a board with my organization I want the right people at the table yes necessarily Warm Bodies yes and and I don't know the other guys so I can't really and so I don't have any insight at all other than what on paper so I can't speak him I will say I've seen a lot of the um behavior um online um criticisms um I knew the name instantly from that um so that's a concern but you know so no yeah but um that's just my two sons and of course this is my first boings so I'm I'm playing catchup on all this second gu but that's just my my feedback and I got the officer piece because Jackie and I were actually talking about that we left offic you love coming to these ja right sorry okay so I screwed up Alicia I guess I thought everybody ends and

Gmail I feel like we could probably eliminate her because she's talking about stable employment and this is the opposite of that okay do you have a preference on do you have any thoughts on remaining [Music] candidates you know um with Richie I liked the energy component it may come up it doesn't seem like it's a priority right now he's got experience you know and it's been here for a number of years yes he's lacking the housing experience how that ties in um I see it more in like Summit County with hc3 and how's it you know like you see that more of a tie in down there than up here at this point obviously for a big reason they've been around a long time both organization so well you could think of it you could think of it in this way like when yes it would be wonderful to have a board Matrix yes it would be wonderful to have like assessed the skills at the table already and you know squatted them but um we can also see ourselves as like a still a very new Housing Authority we know that we need still startup energy because we haven't established a lot of yeah we don't have any operations as a Housing Authority so so so some assumptions around like that kind of energy that due diligence the research component like you don't have to have direct experience in housing to have some the attributes that you need on a startup board and that's that's kind of where my dilemma lies with Matt specifically is my fear is yes I fully trust that he's invested into this community without a shadow of a doubt um it has the greatest intentions but um I mean really to your point Dan if we want to start moving these things forward fast we need someone who's going to be able to be here for these next few months especially as we start been

working on this and that's that's really my only concern with them which is obviously a good thing but also it's double edged in the sense of that gives more in my mind leniency to someone who also as you all mentioned yeah postcontrol opinions and is willing to voice them even in this board um about um housing and housing work yet they were able to come on literally a second that's a really valuable thing for us as a board to have um as by in and it's to the point to where I'd be willing to work someone who's open-minded and willing to learn about these things and learn how a board like this is supposed to operate which is why I appreciated her curiosity um and willing to listen and ask questions um and I feel like that's more of what I got from um also Richie who very clearly stated didn't come in with any preconceive notion of what the answer is think that's important um uh I can't say that for myself I obviously did but um it's important that have people who don't and can bring new fresh ideas and also like let's be honest here anyone's going to be learning on this job regardless of who we am the picking because the dynamic of a Regional Housing Authority is just going to be different than any specific one program though those programs do of course attach to what our future goals are like I think Matt's uh experience attaches directly to what I would like our board to grow into um but maybe grow into means that when the time is right Matt gets you know priority or Point not priority because we can't do that obviously but we' have a higher consideration once we get to the point of actually considering like running Property Management um and right now what we need is full buy in for someone even if it's like a two-year term or we can move to the next person I'd like to

hear from that b he's been unmuted for a while let's see I think showing up is a big you know green light for me I mean uh and and also I would I wouldn't you know someone that doesn't live in town here even if they're promising to come and live here that doesn't really uh you know I don't like that part and even though I really like Nick you know uh just the fact that he doesn't live here I I don't like that part I like that Mel and Richie both live here and they have been here a long time they're super invested I mean you guys are saying that you know we'd have to bring them up to speed but I feel like I'm in that category as well so I like you know I like Richie's um experience with building a business and being versatile in all that aspects of that and growing it and then stepping away and uh and I've worked with him on some race stuff when he was you know working with the uh the mountain bike race series and uh you know I I think if we were going to take a vote and may recuse myself uh when it comes to voting for Mel just because we're we're in a different capacity but I'd be willing you know i' I'd like Richie I think the energy part is a big part part of this that shows that he's got a lot of research ability and analytical thinking skills and uh and he he showed up he walked in and sat down which is you know 90% of it I don't know about Matt I wish I could ask him a few questions it sounds like you know you guys really like him and you'd like him to be a part

of it but you know wishing it to be true and and why isn't he here tonight on his Zoom did he not know about it or I don't know no does he I let him know about it but he has a work project that he had to do tonight so he wasn't able to attend you know he wasn't able to attend the last one either and like I said the promise of living here a lot of people make promises and uh the people who've been living here a long time I think should take you know precedent or you know be elevated above the people that don't live here well I think Matt's got some uh you know he's obviously owned some property here and has done some things but I I understand what you're saying I think a thought that didn't come out of my mouth about Richie is small business uh is not for the faint of heart so you know if he can go from we just got laid off to let's do our own thing and grow that by 25 times that's that's probably worth having and what about you um I think I already gave my opinion but um you feel the same way then still I I do I would be V vote for M but if you know I'm not the only Bo so I think we should go ahead and appoint somebody IE look I'm a huge fan of Matt he's a wonderful person and terribly experienced and so dedicated to Leadville and I appreciate what Matt bu has said that like showing up is really important and we have two Ms and we

can't but I do but I think like encouraging Matt once he becomes a a more full-time resident to like continue to continue to get involved cuz I think he's been just kind of like jumping at the bit to be part of these things and he's all it's almost the right time for him but just not yet is my opinion I can't wait to work with him when he when he is here yeah I I I feel likewise you know we are going to have a position that has to be a two-year term we're going to have a position that's going to be what is it like a two three and four year term well the initial we can talk about that the initial terms were when the authority was started the initial terms were two three and four in accordance with the IG yes after those terms were completed they went to twoyear terms for everybody but they were staggering I see so the 234 was just to stagger them and now it's the initial seating was just to stagger or in the future so we would still have to stagger one position since we'll have two we need to decide how we want to do that as well so okay we problem yeah we can solve that pretty easily I feel um but so that really doesn't have too much influence on who we choose then I feel um but knowing that now um the one question I have about that um since we're on topic is Dan do you know what your term length was his term is up in 2026 okay great um so you would be 26 someone would be 27 and someone else would be 28 and then it's twoe terms from there can you renew your term yeah I think that's why we're all still

here yes yeah can I just say one I guess yeah please man it occurred to me that uh both Nick and Matt are doing projects that are going to record ire these deed restrictions so you know they're going to be making rules for their own projects I don't just just throwing that out there um you know they could potentially have conflict of interests a good point try and guide the board to benefit themselves so yeah that's a good point do we want to I think we're down to Matt and Richie Richie right those are sort of the te finalists I feel that's appropriate okay Happ to start I think after hearing everything it makes sense for me that Richie seems like the proper guy for the time I really want Matt to consider us for the future because I think he's invaluable in his experience of property management that's something we want to get into or sorry not property management but establishing projects that requires some type of property management I think that type of experience is just essential um but we're not there yet so I I feel comfortable with Richie kind of taking the helm uh I mean to Matt's Point Matt Block's Point um all of us have catching up you know as research as I am there's plenty of things I learn um through the operation of the board and through conversations with other Regional Housing Authorities so I think it's only fair to allow uh someone in our community to learn through those um Dan I think you brought up a good point I don't know how much his experience would

actually be beneficial for us in terms of energy projects but um it is willingness to be open to learn is something I appreciated um so I think that's where I'm leaning right now okay want to ask Matt if he wants I know Matt you said you want sorry I'll you you want to recuse yourself but if Mel is out of the running do you have an opinion do you want to have an opinion you want to have an official opinion my official opinion would be uh I I would vote for Richie okay Elsa are we actually voting I'm sorry yes no this is an actual vote it is tonight yeah so we're we're discussing who we're leaning right now and then we'll move into an actual motion yeah Richie Richie Tracy agree I'm really torn because I like Matt's experience um we've got I don't think my vote's gonna matter it's not gonna matter motion I move to vote for the final member at large for the Regional Housing Authority vote for Oh I thought we were Ming to open the vote and then we were actually voting so or do we have to do it one at a time I would V nominate for someone in the motion and then we can vote I move to nominate Richie muu to serve as a member at large for the Regional Housing Authority I have a second seconds before we start just to State the obvious I do work with Richie not directly he's a coworker I don't think there's any conflict not getting paid anybody have a problem with Christian voting on this but if youall have a problem I'm happy to step away no I

don't have a problem nor do I do you have a problem with Christian voting on this motion me no no no Tracy okay well that being said um why don't we have a Voice vote on this sure um Christian hi yes Elsa hi Matt bck hi Tracy Fletcher Dan sure and I will be a no vote um so with five being for and one being against the motion has passed and Richie will be our uh final at large board member and for the Housing Authority Co um do we want to establish terms um I guess if Tracy wants to establish whether it's 27 and 28 as to when you'd like your seat end I feel comfortable with you choosing that and then Richie ending up with whatever say that again sorry sorry you get First Choice yeah you get First Choice a threeyear term or a twoyear term I feel like you wanted two you're just like just figuring it out all right so Tracy will have the three-year term Richie will have the two-year term fabulous okay um let's move right along we get into time here um we have currently we have three board members um to sign for the bank account that are no longer on the board nice

Jesus let's hire somebody so we anybody that wants to volunteer to be a signature for the bank account um I guess one of those persons will be the treasurer which will be elected in the next meeting um do we have two other members well I would think that would be the president vice president treasur that's what I was think why don't we go ahead and that until the until we elect officers next meeting love it okay Jackie thank you so much waiting for the partner updates oh my gosh Jackie so I'm very committed to keeping you informed about the progress of the housing at 10200 um project so on March 25th next week um Oakland is going to presenting their proposal to the board of County Commissioners um following that on April 1st uh the OC will discuss and consider entering into a pre-development um agreement that will enable Oakwood to continue with the design and Engineering processes to finalize the pricing for the homes they've been working for free for three months um they have been um fantastic and I when I say meeting for three months we're meeting several times a week for three months they're very committed to um trying to find a solution forward and have been very um creative in approaching our project um so I'm excited about that um after the lottery was conducted we realized that the prospective buyers while they might qualify for a mortgage they may not be able to afford the mortgage um so the previous bccc had

directed stat have to look into prop 123 funding our DOA Specialists thought at the time when we were having that conversation in December that our project was going to that the pricing was going to be too low and there would not be significant Gap funding that they would be um needing to fill um we see now that that is not correct um with the lottery that took place a lot of our buyers so the mean of the lottery applicants they were at 93 per of area IM median income so under 100% um and um of the 17 qualified app applicants 11 um were under 100 and so I talked to our doar R um about the disconnect with the funding and the fact that um affordable housing is considered to be 30% of an individual's monthly income and if I can add that is a legal requirement that it has to be 30% that they pay that's not something that we're choosing to say you can't afford this legally we cannot have someone who's pay more than 30% of their income into uh their uh mortgage or you all can well the other issue is you know we opted into um prop one23 um as a pledge to create 24 affordable housing units this would check the box for the city and the county um for three years and because a lot of these applicants this would be closer to 45 48% of their income um that's a problem and so we wouldn't be despite the subsidy that's gone into this project who would not be able to count our 24 units as um as that as you know um units for that pledge um which is frustrating so I did speak with ardol repb and encourage us to um submit a letter of intent um so we talked to them

last week the letter of intent was due on Monday so of intent is just giving them information about the project and um you know a request for them to review it and then they will invite us if they be in appropriate within 45 days um to apply so we're not applying we're just essentially creating a space holder so that we can apply um if the Commissioners choose to do so so just I don't know how important it is that I understand this but I think what you're saying is the city and the county said yes the prop one two three money as like we want to do this so to open it up for all developers to come in and to be able to apply for prop one two3 funding we had to opt in okay and so we're opted in and now we actually have to go apply for the money from the program that we said we wanted to be a part and and and so it's not just city and county like I said it's all developers so the developers bring bringing affordable housing and they want to apply for this funding we had to opt in in order to open that door for them um so the the intent what we're thinking about is um if if we were to apply um we' be asking for $700,000 um for 12 units so we have 11 buyers who are currently under the 100% threshold we're anticipating with the other seven units there will at least be one other buyer um they only have $4 million to give out so um but they want us to succeed because they have invested heavily in the project so um I think that our chances of being invited back are good um but just wanted to let you know and that money would potentially get them down to 30% yeah we'll have to yeah we'll have to look at it and see that it's a significant help and um yeah we need the help especially with how the market

rates going at this point um do you so do you have a final pricing I know that they've mentioned that so so they really want to wait till they're um you know till they have a Professional Services agreement to put forward okay because they they still have some things that they're finalizing Foundation prices um you they they've been working with bonavilla it's a different project for them because they're when they build their homes it's analized homes and so this is a much different project and they want to just make sure that they are doing their du diligence to investigate make sure they can bring the numbers that need um and on that same note is the expectations of the regional Hing Authority takes on the liability or has that been we are going to pursue other avenues we think that um by involving the Housing Authority um it's not going to meet the timeline for the building this year um and so we want to try and be swift so appreciate that involved for service for the housing authori um okay great thank you Jackie I got a quick question Who sets that uh 80% threshold can that go up can we can we raise that the Ami the 80 the Ami for the county project is not 80% it's 120 oh it's 120 and they still can't qualify so no no no no no no please no no so so we have to average across the project 140% or less oh sorry and so we have there's one buyer in there that's at 160% there's multiple buyers that are below 100% so that's that's with the DOA funding um and then the Ami is the area median income comes out um through I

think chaffa does that chafa does that and they do it every spring like April or May is when we typically get it yeah um so that's what and and Ami is challenging and um I think as as we're as we're all learning um building affordable housing is very complex and challenging and probably one of the more important things to remember is kind of where the housing needs assessment has pointed us to in terms of what Ami uh we should be targeting um so that has to be in consideration when we do consider uh what Ami percentage uh we're looking at uh for any individual ual project um so that's always going to have to be something you reflect on any federal or local uh sorry not local state funds that you get tend to have some strings attached as to what Ami you should Target um so that's also something uh it's pretty common in this world that those types of projects come with strings attached um but it's for a reason they're trying to fulfill um their own quot is the same that we want to fulfill ours which is should be beholden to the housing needs assessment which um I don't know if that's quite fully public yet it is okay okay um any other thank you so much Jackie didn't mean to make you like the whole meeting for that you need to call my husband but I'm so glad you were here feel free confirm one thing before you conclude yeah yeah um so any Chen would like to give an update I just want to uh confirm one thing just regarding the pre previous agend item so I have about to hit send on the email to miss Carberry um with all board members copied in addition to Jackie and then the three

members of the applicant team and also the City attorney um that all sound good to everyone sounds great you want to be on there I will take I'll take Jackie off and and I'll H send and just a reminder don't reply all yeah don't reply all yeah and and I I did say if she deems appropriate feel free to just reply directly to board members yeah okay thank you thanks for that any other updates I think yall saw the city's update we five minutes late just would like to point out to you six minutes right now how any any major updates no not other than what Jackie just said right you add the one minute that I was late got all right well Matt you got anything for us buddy no I'm good for now thank you all right let's adjourn 7:30 six thank you thanks everybody thank you guys thanks for running the meeting Tim only one more go for me