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the new housing authority for the work they had done on this issue. Councilmember Diana <br />Donovan stated she hoped she can vote in favor of this project by the end of the process. <br />A vote was taken on the motion and the motion passed, 6 -1, Donovan opposing. <br />The sixth item on the agenda was the First reading of Ordinance No. 25, Series of <br />2001, an ordinance amending the Vail Town Code, Title 14, Development Standards <br />Handbook, Section 10, Design Review Standards and Guidelines, D. Building Materials <br />and Design. Bill Gibson, town planner, stated the ordinance amended the town code to <br />allow for additional flexibility in Design Review Board approval of alternative building <br />materials. Discussion followed regarding to what extent DRB approval was needed in <br />regard to repainting, trim color change, window replacement, etc. Mayor Pro -Tem <br />Navas expressed concern over the ordinance's wording not being what the intent of the <br />ordinance was intended to be. Councilmember Greg Moffet moved to approve <br />Ordinance #25, on first reading. Councilmember Rod Slifer seconded the motion. A <br />vote was taken and the motion passed, 6 -1 Mayor Pro-Tern Sybill Navas in opposition. <br />The seventh item on the agenda was Ord. #30, First Reading, 2002 Budget Ordinance. <br />Finance Director Steve Thompson presented the annual appropriation ordinance: <br />adopting a budget and financial plan and making appropriations to pay the costs, <br />expenses, and liabilities of the Town of Vail, Colorado, for its fiscal year January 1, <br />2002, through December 31, 2002. Mayor Kurz commented on the long discussion the <br />Council has had regarding the budget, and following last few week's events, the <br />Council had directed staff to adjust the budget again at the afternoon work session. <br />Kurz stated the Council had the option of passing the budget as presented and <br />directing staff to make the necessary changes or table the ordinance to the next <br />meeting. Town Manager Bob McLaurin addressed the Council, stating that $4.5 to 5 <br />million in budget cuts would be required to meet the objectives of the Council. <br />McLaurin stated that an extended discussion would be held at next Tuesday's work <br />session to prepare the budget for second reading approval on October 16th. <br />Councilmember Chuck Ogilby stated he was comfortable with the proposed budget, <br />looking at it as a roadmap, and if resources were not available next spring, necessary <br />cuts would be taken. Ogilby stated he would vote for 2002 budget ordinance on first <br />reading. Councilmember Diana Donovan stated she would not be voting for the <br />budget, stating she felt it would be voting for irresponsible spending. Councilmember <br />Rod Slifer stated he agreed with Councilmember Ogilby's comments regarding the <br />majority of revenue coming in the winter and by mid - February or March the town would <br />know where it was financially and would be able to make further cuts if necessary. <br />Mayor Pro-Tern Navas stated she was not in support of the budget at this time, feeling <br />the town needed to be projecting revenues on sales tax and lift at the same level as <br />they have been. Navas felt the town should be cutting expenditures, feeling it was <br />easier to add them rather than take them off. Navas stated she would vote yes on first <br />reading, hoping to make the necessary changes to pass before second reading. Navas <br />also reminded the Council that it was possible to table the second reading for 2 weeks. <br />Councilmember Greg Moffet stated he was comfortable with the document, stating the <br />4 <br />