Board of Directors Meeting

Tuesday, January 3, 2017
Regular meeting at 6:00 p.m.



I.    Call to Order
The meeting was called to order at 6:04 PM.

II.    Roll Call
Members present: Lindsay Barksdale, Larry Johnston, Kirk Stapp, Bill Taylor and John Wentworth (arrived at 6:28 PM)
Members absent: Jiselle Kenny
Staff: Jennifer Halferty, Executive Director and Patricia Robertson, Grant & Financial Assoicate
Public: Tom Hodges, Mammoth Mountain Ski Area

III.    Public Comments
Tom Hodges announced that tomorrow the Planning and Economic Development Commission would be discussing a Floor Area Ration minimum requirement in commercial zones. He noted that MMSA will advocate for a minimum FAR of .75. He stated that this could be an opportunity for housing, as the minimum FAR will promote mixed-use developments.

IV.    Approval of minutes from December 5, 2016 Regular Board meeting
Bill Taylor made a motion to approve the minutes. Larry Johnston seconded the motion. Lindsay Barksdale abstained. The motion passed 3-0.

V.    Approval of minutes from December 6, 2016 Special Board meeting
Larry Johnston made a motion to approve the minutes. Bill Taylor seconded the motion. Lindsay Barksdale abstained. The motion passed 3-0.

VI.    Board Member reports
Kirk Stapp reported that rental management companies are working with AirBnB and similar platforms and that they are seeing more units become transient/nightly rentals.

Larry Johnston reported that today was the first day of the new Board of Supervisors (Bob Gardner and John Peters). The new Chairman of the Board is Stacy Corless.

VII.    MLH monthly status report
Jennifer Halferty reported that MLH and the Town’s TOT Committee worked together on a mailer to second homeowners regarding the shortage of workforce housing, in an effort to get homeowners to consider renting their homes long-term. To date, there have been 21 visitors to the webpage and 1 home was listed for long-term rent on the Rental Vacancy Bulletin Board.

Jennifer Halferty announced some items that are on the Town Council’s Wednesday January 4th agenda including:

  • A closed session item on property negotiations on the Shady Rest parcel,
  • A presentation by ESTA regarding a dropped gray line stop by Aspen Village apartments. The bus pullout at that property was funded by a CDBG grant,
  • Consideration of a Communication Audit including NGOs.

Jennifer Halferty reported that the first-time homebuyer program continues to be successful in both the Town and County.

VIII.    Adoption of MLH Resolution 17-1 Authorizing a HOME Investment Partnerships Program Application
Jennifer Halferty explained that MLH is able to apply for funding for the first time as a Community Housing Development Organization. This application will be for a unique program that MLH has never done before but will utilize existing stock, which is a priority of the Town Council. Kirk Stapp made a motion to adopt the Resolution 17-1. Bill Taylor seconded the motion. The motion passed 5-0.

IX.    Review of Scope for 2017 Mammoth Lakes Housing Needs Update, Inventory, Resources & Strategies Project
Jennifer Halferty explained that the Town of Mammoth Lakes 2011 Needs Assessment should be updated. The 2011 report provided a 5-year projection which is currently out dated. Additionally, the report was produced during the declining market and did not include an analysis of how nightly rental platforms such as AirBnB and VRBO have affected the availability of housing stock for long-term rentals. This project would utilize existing GIS data to understand how many units there are in town, their zoning and uses, as well as provide recommendations on how to meet the existing and projected need. Jennifer Halferty explained that the project should cost less than the estimated $250,000 offered by Mammoth Mountain and take approximately three months. There was consensus on staff direction to bring back a fleshed out scope of work with estimated expenses for the Board to review at the February meeting.


i.        Pursuant to Government Code Section 54956.8, the Board will hold a closed session to discuss property negotiations and possible staff directions and/or action – APN 281-001-000-000

Property: 550 Mono Street #A101
Negotiating Parties: Jennifer Halferty representing MLH (prospective buyer); Lucas Hurely (Owner)
Under Negotiation: Terms of sale

Announcement of action taken in closed session:
The Board voted 5-0 to exercise Option 1 and purchase the unit during one of the two option time periods.

X.    Adjourn
The meeting was adjourned at 8:26 PM