Town Council - October 25th, 2022 - Summary of Key Decisions
(October 26th, 2022) - Telluride, Colorado
- Council discussed the draft 2023 Town Budget, including the Open Space Fund, Affordable Housing Fund, and all other funds along with Capital Projects. A final Council meeting to adopt the 2023 budget will be held on November 15, 2022
- Finance Director Kailey Ranta announced that, due to a very healthy Open Space Reserve Fund, the Town was able to pay off early a 2010 Bond of $5.9 million for the purchase of the Valley Floor Open Space. A total of $5.755 million in bonds remain owed for the Valley Floor, which will be paid off in 2023, marking a major milestone for the Town and community, having fully paid for the Valley Floor Open Space acquisition, which occurred in 2007 at the cost of almost $50 million.
- A first reading of an ordinance related to a proposed future prohibition and ban on the use or sale of certain plastic materials or products was approved. A second reading and opportunity for public comment will occur at the November 15, 2022, regular meeting of the Town Council.
- A “Diamond Ridge Affordable Housing RFP Committee” was created. Mayor Young, Town Manager Scott Robson, and an additional town staff member were named to the Committee which will also include 3 members from the San Miguel County government, joint owners with the Town of the Diamond Ridge property.
- Telluride Arts presented to Council an update on fund-raising efforts and progress related to the future development of the Telluride Transfer Warehouse.
- The Town Manager introduced the firm Collins, Cole, Flynn, Winn, Ulmer to discuss the potential of establishing a wastewater Authority as a future financial and management structure for the Telluride Waste Water Treatment Plant.
- The Telluride Tourism Board provided a Q3 report of activities per their service contract with the Town of Telluride, along with a draft scope of services for 2023, which was approved by the Council and will be included in the final 2023 budget discussion on November 15, 2022.
- Town Manager Robson provided Council with a review of short-term rental (STR) studies from other mountain communities across Colorado and the West. There was discussion related to the town’s desire to update STR policies, policies, and fees prior to November 2023 when the current moratorium on the issuance of new STR licenses sunsets. Town Council was unanimous in their support to see an STR study contracted for, and the Town Manager committed to working on a draft scope of work for the study along with a future public process and stakeholder meeting process to help craft future policy.