Board of Directors Meeting

Thursday, May 27, 2010
6:00 p.m.

Mammoth Lakes Housing Conference Room
587 Old Mammoth Rd.

I. Call to Order

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

III. Public Comments
Leigh Gaasch requested that those living in affordable housing participate in the Town Clean-Up day..

IV. Approval of Minutes from the May 3, 2010 BOD Meeting
Minutes approved as presented, Byng motioned, Bill seconded, with a 7-0 vote.

V. Review of Revised Draft Housing Element and Initial Study/Negative Declaration
Ellen Clark returned with the revised Housing Element Update since her last presentation to the Board in March. Since then the requested changes have been made plus changes requested by the Housing and Community Development Department of the State. Next the Housing Element will go before the Planning Commission and then the Town Council on June 23 for adoption. Kirk motioned for approval and endorsement by the MLH Board and Byng second with Neil abstaining for a 6-0 vote.

VI. Inclusionary Housing Ordinance and In-Lieu Fee Update
The Inclusionary Housing Subcommittee and Kirk met and reviewed the Town’s draft Resolution on the interim housing ordinance. The meeting resulted in the unanimous decision to not recommend changes to the resolution but instead to recommend no resolution and a comprehensive update to the existing ordinance. It was decided that the Resolution would not go forward as it is but that Rob Clark would be drafting an agenda bill to address the matter with Council.

VII. Community Benefits/Incentive Zoning Letter Update
The Inclusionary Housing Subcommittee and Kirk also met to discuss the draft letter from the Board to Council regarding the CBIZ policy. The committee would like to have the letter presented to the Council during their CBIZ study session with the Planning Commission. Byng motioned for approval of the letter, Kirk second and Neil abstained for a 6-0 vote.

VIII. Review Snowcreek Development Agreement
The Planning Commission recommended approval to the Council of the DA with some changes. After much discussion the Board recommended Pam negotiate the DA Financial Framework with the developer in an effort to remove specific language that would lock-in housing parameters that are not yet known for the distant future. Then bring back the agreed upon specific language changes to a special MLH board meeting on June 14.

IX. Board Member Reports

X. Executive Director’s Report
a. General –
 working on the DA with Town staff and the developer
 Developing the grant application for CDBG – acquisition and rehabilitation of existing multifamily

b. Aspen Village Sales Updates
 Three units in escrow and eight units still available for sale

XI. Review of Draft Fiscal Year 2010-2011 Budget
There was a request that the budget include ongoing costs of the Aspen Village at Mammoth Creek Townhomes. The amended budget will be brought back to the Board at the June 28 meeting.

XII. Discussion of Board Member Public Statement and Roles
No discussion at this time.

XIII. Adjourn