Board of Directors Special Meeting

Thursday, March 18, 2010
4:00 p.m.

Mammoth Lakes Housing Conference Room
587 Old Mammoth Rd.

I. Call to Order

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

III. Public Comments

IV. Review of Housing Program Policy Framework and Action Plan for Recommendation to Community Facilities Funding Committee and Mammoth Lakes Town Council.
Board member Rob Clark present a chronology he put together of the Town Council’s actions on the interim housing policy, in-lieu fee and Housing Element Update. Board discussion ensued regarding the direction and sequence necessary and appropriate to meet short term deadlines on the in-lieu fee and housing ordinance updates. The CFFC’s work on modifying the DIF schedule with the assistance of Walter Keiser was referenced as a guide to achieve an interim in-lieu fee check by the June 8th deadline set by Council. There was consensus that the interim housing policy was not in need of review prior to the June 8th deadline just the in-lieu fee commanded a review by Walter Keiser. Concerns were raised by Chuck Lande that the fee per unit is too high and should be lower but that he was fine with the ten percent build-on-site requirement of the interim housing policy. Mr. Lande went on to say that in Goleta he only paid $80,000 per unit for in-lieu fees. After a lengthy discussion the Board directed staff to provide Walter Keiser with the data, formula and supporting documents on the interim in-lieu fee for him to perform a complete analysis of the fee make-up and its feasibility. Mr. Keiser’s review and analysis would then come back before the MLH Board at their next regularly scheduled meeting, April 5, for their review and finally would go on to the CFFC’s next meeting for their review.

V. Adjourn