Steamboat Springs The two most complex and contentious issues currently facing the Steamboat Springs City Council are on today's agenda.
The council is scheduled to address base area redevelopment and the city's affordable housing policies today, starting with a 4 p.m. meeting as the Steamboat Springs Redevelopment Authority at Centennial Hall.
That meeting is part of an open house hosted by city planners and base area development consultants, who will present the council with proposed plans, costs and materials for 2007 construction projects at the base area. City Finance Director Don Taylor said the Redevelopment Authority is proposing a 2007 budget of more than $7.2 million to finance projects including a roundabout at Ski Time Square near the Steamboat Trading Company and the Tugboat Grill & Pub, a walkway from the Gondola Transit Center to Ski Time Square, increased signage and an expanded snowmelt system for public walkways.
The City Council implemented an Urban Renewal Authority at the base area in 2005 as a special taxation district to raise money for public improvements in the area.
Taylor said the URA is expected to raise $420,000 in sales tax revenues and $260,000 in property tax revenues in 2007. Those revenues will pay off a $7 million bond for years to come, Taylor said.
"That will probably be a 20-year bond issue," Taylor said.
Action on the proposed redevelopment budget is scheduled for tonight.
At 5 p.m., the council will begin a work session to continue addressing Steamboat's affordable housing needs. The work session is the second in a series of meetings the council is conducting with housing consultant Melanie Rees and staff from RRC Associates, a research and consulting firm based in Boulder.
At a meeting Nov. 28, Rees and council members discussed a vision for community housing goals in Steamboat. Rees told the council that according to a 2003 housing assessment study, Steamboat has a need for 400 to 500 new homes simply to "catch up" with the housing demand created by job growth. To then "keep up" with the continuing demand, Rees said, about 100 new homes could be needed per year in the future.
Tonight, the council will view a draft Community Housing Implementation Program, which outlines housing objectives and actions while addressing possible mitigation strategies such as fees from developers, off-site housing development and land use.