Vail Town Council Evening Meeting Minutes

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town had obligations to keep. Councilmember Kevin Foley stated he would not be voting in support of the budget due to his concerns about potential revenue shortfalls for the fourth quarter of the current budget year as well as his opposition to the Donovan Park pavilion. Councilmember Greg Moffet made a motion to approve Ordinance #30 on first reading. Councilmember Rod Slifer seconded the motion. A vote was taken and the motion passed 5 -2, with Councilmembers Diana Donovan and Kevin Foley in opposition. Town Manager Bob McLaurin stated the majority of the worksession the following week would be devoted to revising the budget. The eighth item on the agenda was Ordinance #20, Series of 2001, second reading, an ordinance making supplemental appropriations to the Town of Vail General Fund, Capital Projects Fund, and the Real Estate Transfer Tax Fund of the 2001 Budget for the Town of Vail, Colorado, and authorizing the expenditures of said appropriations. Steve Thompson, Finance Director, addressed the Council, stating this ordinance increased the general fund expenditure budget by $544,205, reduced expenses in the capital projects fund by $1.8 million, and reduced expenses in the Real Estate Transfer Tax fund by $6.6 million for a net total budget reduction of $7.9 million. Councilmember Greg Moffet made a motion to approve Ordinance #20, Series of 2001, on second reading. Councilmember Chuck Ogilby seconded the motion. Mayor Pro -Tern Sybill Navas asked Thompson to explain the pavilion allocation of $1.5million from the General Fund. Thompson stated the Council had decided to not pay for the pavilion out of Real Estate Transfer Tax funds, but to fund it out of the general fund and Capital Projects fund. Thompson stated the monies paid to date have been for the design work and the site work and had been paid by the Real Estate Transfer Tax (RETT) fund. Thompson stated the town could take the $1.5 million transfer from the General Fund to the Capital Projects Fund out of this year's budget and put it in next year's budget. Councilmember Greg Moffet made a motion to amend his previous motion by deleting the $1.5 million transfer from the appropriation. Councilmember Chuck Ogilby amended his second to the motion to put the $1.5 million transfer in the 2002 budget. A vote was taken on the motion and the motion passed 6 -1, Councilmember Kevin Foley opposed. The ninth item on the agenda was Village Center Association v. Town of Vail - An appeal of the Planning and Environmental Commission's May 8, 2000 approval of proposed modifications to the Gore Creek Floodplain, located at the "Gore Creek Whitewater Park," Gore Creek Promenade / Tracts I & A, Block 5B, Vail Village 1 st Filing. Brent Wilson, town planner, stated In September of 2001, the District Court entered an Order of Remand to the Town Council of the Town of Vail for Findings of Fact and Conclusions of Law. The Court held that the findings in the matter are inadequate for a proper review. Pursuant to the Colorado Rules of Civil Procedure, the matter has been remanded to the Vail Town Council for the making of specific findings of fact or conclusions of law. Brent Wilson addressed the Council, referring to the staff memorandum outlining the findings of fact listed in the memo. It was agreed by the 5