MAMMOTH LAKES HOUSING, INC.
Board of Directors Meeting

Monday, April 5, 2010
6:00 p.m.

Mammoth Lakes Housing Conference Room
587 Old Mammoth Rd.

Minutes

I. Call to Order

II. Roll Call
Members: Bill Taylor, Byng Hunt, Jim Smith for Rusty Gregory, Kirk Stapp, Neil McCarroll, Rob Clark
Members absent: Sandra Facincani
Staff: Pam Hennarty, Jennifer Halferty

III. Public Comments
No comment.

IV. Approval of Minutes from the March 1, 2009 BOD Meeting
Minutes approved with correction/addition. Bill Taylor motioned, Kirk Stapp second with all in favor for a 5-0 vote with one abstention.

V. Approval of Minutes from the March 18, 2009 Special BOD Meeting
Motion to approve minutes as presented was approved 6-0.

VI. Update on Kitzbuhel Lodge- Requested by Kirk Stapp
Kirk presented his dissatisfaction with the process of handling the Kitzbuhel. The Settlement Agreement and Mutual General Release entered into between the Town of Mammoth Lakes and Intrawest details that the Kitzbuhel can remain vacant for ten more years. Furthermore Kirk is concerned that the Agreement does not state what is to happen to the affordable housing complex in ten years. As part of the agreement Intrawest is required to record a deed restriction within fifteen days of the executed agreement (February 17, 2010). As of this meeting that restriction has not been recorded. In the future Kirk requests that the Town bring matters relating to affordable housing before Mammoth Lakes Housing for review before action is taken.

VII. Inclusionary Housing Ordinance and In-Lieu Fee Update
The Board discussed and reviewed the two different memos provided by Walter Kieser with EPS on his analysis of the Town’s in-lieu fee. There was conflicting information in the two reports as well as concern with the manner in which the second memo was disseminated. The Board directed Pam and Bill to attend the CFFC meeting the next day to follow-up with Walter on the matter.

VIII. Community Benefits/Incentive Zoning Letter Update
Concern was brought up regarding Kirk’s role with the Old Mammoth Place (OMP) appeal and the letter to Council on the CBIZ policy. Kirk will talk with Peter Tracy and the MLH council will be consulted on any conflicts with this action. The Board agreed to wait on the letter to Council until after the OMP appeal was hear so as not to confuse the two. This item is to be continued for the May meeting.

IX. Board Member Reports
No reports.

X. Executive Director’s Report
a. General
• The Housing Element Update is in the final days of its 60 day review with the State Department of Housing and Community Development. Town Senior Planner Ellen Cark is working on the environmental documents. The goal is to have this wrapped up in time for the CDBG grant application due in June.
• In escrow to purchase triplex in Old Mammoth. The grant funds to be used for the purchase and rehabilitation were originally applied for in 2008. That grant was not funded. Then in 2009 the grantor was given a new source of funds for which we are now using.
• There has been approximately eight applicants for the City of Bishop’s First-Time Homebuyer program.
b. Aspen Village Sales Updates
• One unit has closed over the past month. A total of nine units have closed with six pending sales. Sales are very active.

Closed Session

XI. Pursuant to Government Code Section 24956.8, the Board will hold a closed session to discuss property negotiations- Aspen Village Condos
No action taken.

XII. Adjourn