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HomeMy WebLinkAboutagenda.council.worksession.20230327AGENDA CITY COUNCIL WORK SESSION March 27, 2023 4:00 PM, City Council Chambers 427 Rio Grande Place, Aspen I.Work Session I.A Elected Officials Transportation Committee (EOTC) Meeting Preparation I.B Burlingame Ranch Phase 3 Update, Sales/Lotteries, Right-Sizing Proposal I.C Burlingame Ranch Phase 3 - Affordable Housing Options for City of Aspen's Emergency/Public Service Workforce Zoom Meeting Instructions Join from a PC, Mac, iPad, iPhone or Android device: Please click this URL to join: https://us06web.zoom.us/j/83423375240? pwd=UTR4T21KcnRmNmVMSGszMUcvNnhoUT09 Passcode: 81611 Or join by phone: Dial: US: +1 346 248 7799 Webinar ID: 834 2337 5240 Passcode: 81611 International numbers available: https://us06web.zoom.us/u/kc5usCScc2 EOTC Meeting Prep Packet.pdf FInal Council WS Memo 27MAR2023.pdf Exhibit A - Presentation Slides.pdf City Internal Housing Memo 2023.docx City_Employer_Housing_Memo_ATTACHMENT A.pdf City_of_Aspen_Total_Compensation_Philosophy_Document-Attachment_B.pdf COA_Housing_Survey_Summary_ATTACHMENT_C.pdf Housing_Guidelines_ATTACHMENT_D.pdf Emp. Sponsored Hsg. PP.pptx 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 Page 1 of 5 MEMORANDUM TO: Mayor and City Council FROM: Chris Everson, Affordable Housing Development Project Manager, and Perry Kleepsies, Senior Project Manager THROUGH: Rob Schober, Capital Asset Director MEMO DATE: March 20, 2023 MEETING DATE: March 27, 2023 RE: Burlingame Ranch Ph 3 Affordable Housing Development Update REQUEST OF COUNCIL: Staff welcomes Council comments about this update on the Burlingame Ranch Phase 3 affordable housing construction progress, unit sales process, and right-sizing pilot program proposal. BACKGROUND: Construction Progress Background: Burlingame Ranch Phase 3 is the final multifamily phase of Burlingame Ranch and consists of 79 for-sale affordable housing condominium units in thirteen buildings. Under the development ordinance for Burlingame Ranch, two affordable single-family homes remain to be developed after these 79 affordable condominiums are sold to buyers qualified under the APCHA program. Building permit applications were processed in late 2020, and Phase 3 construction began in early 2021, with an initial budget of $50 million. The original plan was scheduled for thirteen buildings, constructed in a modular factory, to be delivered to the project site and set in place by December 2021, with site work and landscape completion to follow in 2022. Unit sales were originally scheduled for September 2022. In an information-only memo to Council dated December 13, 2021, staff indicated that the project schedule had slipped by 4 weeks from the original plan, due to modular fabrication and delivery delays. Staff also indicated that 2021-2022 winter conditions would play a role in whether that time could be made up and whether the September 2022 schedule for 79-unit sales could be maintained. In a memo to Council for a work session on April 11, 2022, staff indicated that the project had incurred additional delays due to Covid-related labor impacts at the modular factory and supply chain delays related to delivery of construction materials to the project site. Staff updated the schedule to indicate that only half of the units could be sold in 2022 and the balance of the units would be delayed until 2023. Later, in a July 2022 public announcement, the City of Aspen stated that all Burlingame Ranch Phase 3 unit sales were delayed until 2023. In this case, the City pointed not only to labor and supply chain issues, but also to construction quality issues. Remediation of the quality issues 67 Page 2 of 5 identified would necessitate the project team working in partnership with the City’s suppliers to focus efforts on ensuring high-quality construction while minimizing delays to the extent possible. Unit Sales Process Background: As noted above, unit sales were originally scheduled for September 2022 then later delayed to 2023. In a memo to Council for a work session on April 11, 2022, City housing development staff together with APCHA staff recommended that the APCHA lottery process be utilized for the sale of the units at Burlingame Ranch Phase 3. Staff also presented the proposed unit income distribution for the sales process. It was noted that buyer qualifications and lottery procedures would be based on the APCHA Regulations and that unit sales prices would be based on maximum unit sales prices in the APCHA Regulations. It was also noted that the APCHA Regulations state that in-complex bidding is not allowed in phased projects. Staff was directed to further develop the lottery process and to redistribute a few more units to the Category 2 income level, which was recommended at the time to be 20%. Right-Sizing Pilot Program Background At the April 11, 2022 City Council work session, staff was directed to work with APCHA to develop a right-sizing pilot program where a “handful” of units would be potentially set aside and offered in a way which will incentivize households with any unoccupied bedrooms to sell their current, larger unit and purchase a new, smaller unit at Burlingame 3. The unit which those households move out of will then be re-sold, consistent with the APCHA Regulations, to a household that will utilize all of the bedrooms. The intent of the pilot would be to learn what incentives might be effective as a means toward better bedroom utilization in the overall affordable housing inventory. DISCUSSION: Construction Progress: In March and April of 2022, the project team began noticing moisture around some windows at the project. The cause, as is often the case, was not immediately apparent and required inspections by the project team. The City’s representatives met on site in late April 2022 with pertinent suppliers to review performance concerns related to the windows. Inspections by the City’s project team determined that the windows did not meet project standards, and the City transmitted notice of such to pertinent suppliers May 10, 2022. As sometimes occurs on construction projects, particularly where overlapping responsibility is perceived, none of the suppliers immediately took action to remediate. As would be a typical Owner’s remedy in such a situation, the City hired a forensic engineering specialist to evaluate the conditions and produce a report on the matter. The City additionally hired a window testing specialist to perform water pressure testing of windows per ASTM standards and to create a report of the results. The forensic engineering report and the on-site water testing took some time to organize. By September 2022, the City had notified suppliers of their responsibility to address the problem. It 68 Page 3 of 5 was initially determined that 70 windows needed to be replaced, but due to the complexity of the issues which had been discovered, more on-site window testing was deemed prudent to better determine the full scope of remediation which would be needed. Upon completion and reporting for a second round of window testing, further remediation was deemed necessary. The current remediation plan has been arrived at through extensive effort on the part of the City’s project team and its suppliers. More than 280 windows on the project are now being replaced by the City’s suppliers, and the windows which are not being replaced are being re-sealed so that the installation of all windows on the project will address industry best practices and perform as expected. Replacement of windows is recently underway and requires removal of siding on the exterior and removal of drywall on the interior in the area of each affected window. This is planned to occur in all buildings on the project. Impacts to the interior of the units is significant and requires subsequent repair and cleaning throughout each unit affected. Unit repairs and cleaning are planned to occur as the remediation work moves forward. Due to labor constraints, the project team is still working out labor resources and exact time frame for the window replacement and subsequent repairs and cleaning of affected units. Staff has requested an additional $3 million in budget authority as part of the 2023 spring supplemental budget process to ensure that funds will be available to complete the necessary repairs and for the insurance and general conditions related to the schedule extension. Below is a simplified description of possibilities moving forward: Green: In the event that labor resources can be worked out soon and suppliers perform as planned, staff expects unit sales could occur late summer 2023 and about one third of the additional budgeted funds may be expended. Yellow: If labor resources require further augmentation and/or supplier efforts suffer some setbacks, unit sales may need to wait until fall 2023 and up to approximately two-thirds of the requested funds may be expended. Red: If labor resource issues are persistent and supplier efforts fall significantly short of their negotiated remediation actions, units may be further delayed to 2024 and 100% of the supplemental funds could be expended. In all cases, staff plans to only expend funds where absolutely necessary to facilitate the remediation work occurring as efficiently as possible in terms of both dollars and time spent. Staff plans to seek reimbursement from applicable suppliers for funds which the City ultimately may determine to be the responsibility of other parties based on the City’s contracts. Further updates will be provided when available. Unit Sales Process: City and APCHA staff have cooperated to design a lottery process which would best balance timing with the volume of lotteries and sales contracts. While some of the options considered required fewer lotteries, they did not balance the effort needed to facilitate too many sales contracts in a short period of time. Staff determined that the lottery structure shown below will best balance timing with volume of lotteries and sales contracts: 69 Page 4 of 5 Buildings Addresses Units Number of Lotteries Buildings 8 & 9 223-225 & 173-175 Paepcke Drive 24 10 Buildings 10 & 11 155 Paepcke & 45 Mining Stock Pkwy 12 6 Buildings 12 & 13 113-115 & 63-65 Paepcke Drive 27 12 Buildings 14 & 15 40-50 & Paepcke & 33 Mining Stock Pkwy 16 7 Total 79 35 The number of lotteries is necessitated due to the number of 1-, 2-, and 3-bedroom units in each group of buildings times the number of applicable income categories. Many of the lotteries can occur simultaneously, and the lottery and sales process may take three to five months. Minor changes could occur, and full detail about each unit will be available at the time of lottery. For reference, the project address plan is available here. At the Council work session on April 11, 2022, staff was asked to redistribute a few units to the Category 2 income level, which was shown at the time to be 20%. A table which includes the requested redistribution is shown below: Right-Sizing: At the April 11, 2022 City Council work session, staff was directed to work with APCHA to develop a pilot program to incentivize a few units for “right-sizing”. City and APCHA staff have cooperated to design a “right-sizing” pilot program which would leverage priority in the lottery process as an incentive for up to five households to downsize to a unit for which they meet occupancy requirements under the APCHA Regulations. Households with an existing unit where they are not occupying all bedrooms would be allowed the opportunity to submit a prioritized bid for a new unit in which they meet occupancy requirements under the APCHA Regulations. This “downsizing household” would be required to submit a full qualification packet for the purchase of a new unit. If all qualifications are met, the downsizing household would essentially go to the front of the line in the lottery to purchase a new unit in which they meet occupancy requirements under the APCHA Regulations. The sale of the unit owned by the downsizing household would follow a typical APCHA re-sales process where all APCHA regulations would apply to the re-sale, including: • Purchasing household size to meet occupancy requirement per APCHA Regulations • Inspection requirement per APCHA Regulations • Condition of units for re-sales per APCHA Regulations • Replacement of deed restriction with most up to date APCHA deed restriction • All other applicable terms of resale per APCHA regulations would apply 70 Page 5 of 5 Additional incentives could be added and include: • Potential to allow downsizing households to waive retirement savings against asset cap • Potential to allow downsizing households to move one category lower • Potential to waive 2% APCHA sales fee for downsizing households Up to five unit sales under this pilot program would be allowed. There would be up to five lotteries where other bidders could be upset that they were bumped out of a lottery by one of these prioritized bids. The community benifit of the pilot program is that up to five otherwise unoccupied bedrooms in the inventory would become occupied through the re-sale process. RECOMMENDATION: Staff welcomes Council comments about the construction progress, unit sales process, and right-sizing pilot program proposal. BUDGET IMPLICATIONS: Staff has requested +$3 million in supplemental budget authority. This level of fund balance is available in the City of Aspen 150 Housing Development Fund. CITY MANAGER COMMENTS: ATTACHMENTS: Exhibit A – Presentation slides 71 Burlingame Ranch Phase 3 Affordable Housing Development Project Update March 27, 202372 Construction Progress Update 2 of 5 ❖July 2022 announcement, unit sales delayed until 2023 ❖Window performance issues necessitated due diligence ❖Replacement of 281 windows recently began ❖Backer rod and sealant re-applied to balance of windows ❖Additional budget only to be expended incrementally, as needed for completion Rendering -Burlingame Ranch Phase 3 73 3 of 5 Staggered lottery process balances schedule with volume of lotteries and sales contracts Lottery Sales Process ❖Unit details available at the time of lottery ❖Qualifications per APCHA Regulations ❖Some lotteries can occur simultaneously ❖Process will take 3+months 74 Income Category Distribution Burlingame Ranch Phase 2 ❖Council directed staff to redistribute more units to the Category 2 ❖Resulting income distribution, Category 2 went from 20% to 23% ❖Consistent with 2022 Market Study 4 of 5 75 Incentive for households with an unoccupied bedroom to downsize •Lottery bid would be given priority •Meet occupancy requirements and other APCHA Regulations •Up to five unit sales allowed under this pilot Resale of unit owned by the downsizing household Right-Sizing Pilot 5 of 5 •Typical APCHA re-sales process •Buyer to meet occupancy standards and other APCHA Regulations Community benefit: •Up to five otherwise unoccupied bedrooms in the inventory become occupied via this pilot program 76 1 MEMORANDUM TO:Mayor and City Council FROM:Alissa Farrell, Administrative Services Director THROUGH:Sara Ott, City Manager MEMO DATE:March 21, 2023 MEETING DATE:March 27, 2023 RE:Burlingame Ranch Ph III - Affordable Housing Options for the City of Aspen’s Emergency and Essential Workforce REQUEST OF COUNCIL:Council comments and feedback are requested regarding Burlingame Ranch Phase III affordable housing options for the City of Aspen’s emergency and essential workforce. BACKGROUND: The City of Aspen maintains an internal, employee housing program for essential and emergency (public safety) staff that is separate from the Aspen Pitkin County Housing Authority (APCHA) with a current inventory of sixty-seven units. The city’s existing housing inventory also includes three Burlingame Ph II units. The goal of the city’s internal housing program is to prioritize essential and emergency public services through city positions, which allows for a sustained focus on preserving community priorities and providing timely emergency services. On December 12, 2022, staff provided Council an overview of the city’s current employer housing program to include the development of a multi-year, strategic plan by staff in the first quarter of 2023. (Attachment A) Two workshops with internal stakeholders have been completed and an internal housing strategic plan has been drafted. A priority of the internal housing strategic plan is the purchase of additional units such as the units at Burlingame Ranch Ph III for the city’s emergency and essential workforce based on cost effectiveness and to meet community safety needs. In 2022, City Council through Resolution #83 and #84 approved the purchase of two units, one unit in Snowmass Village and another by the Aspen Airport Business Center (AABC). The Snowmass unit is 1,215 sq. feet with 2 bedrooms, and a loft and was purchased by the city for $1,025,000. The 686 sq. ft unit by the AABC is a 2-bedroom one bathroom purchased by the city for $1,095,000. Furthermore, according to Realtor.com, the median listing home price in Aspen, CO was $1.7M in February 2023, trending up 28.7% year- over-year. The median listing home price per square foot was $1.9K. In order to have essential and emergency city workers provide timely public service by living in close proximity to Aspen, Burlingame is a cost-effective option to explore. 77 2 DISCUSSION: Based on the 2022 city employee housing survey results, staff are recommending the purchase of five Burlingame Ph III units comprised on two, one- bedroom units and three, two-bedroom units for city emergency and essential workers. The City Employee Housing Fund (Fund 505) could reimburse units purchased from the Housing Development Fund (Fund 150). The current costs and purchase options for Burlingame Ph III are as follows: OPTION A: Development costs without land and infrastructure costs: Size of Unit:Number of Units: Total Costs: $472,154 One-bedroom Two $944,308 $684,956 Two-bedroom Three $2,054,868 =$2,999,176 OPTION B: Development costs, including land and infrastructure costs: $563,327 One-bedroom Two $1,126,654 $817,221 Two-bedroom Three $2,451,663 =$3,578,317 FINANCIAL IMPACTS: The city’s employee housing fund (Fund 505) is an internal service fund which supports both existing and new units developed or acquired by the city. Revenues associated with this fund are generated by collecting rent from employees in current units and collecting sales from the purchase of a unit sold to an employee, and an internal per full time equivalent/employee (FTE) charges assessed annually. For 2023, the per FTE charge is up to $10,000 annually. Presently, the annual revenues for 2023 equate to $3,844,200 and the operating, down payment assistance, and capital expenditures total $1,255,630. With a targeted ending fund balance of $7,185,354 for 2023. Through Option A, the city’s employee housing fund (Fund 505) would have a projected ending fund balance of $4,186,178. With Option B, the city’s employee housing fund (Fund 505) would have a projected ending fund balance of $3,607,037. ALTERNATIVES: Council may explore the purchase of built units and/or other housing options for essential and emergency city workers, recognizing the prioritization of housing emergency workers near Aspen for response time necessities. RECOMMENDATIONS: Staff welcomes Council feedback on the options provided for the city’s internal housing program. 78 3 CITY MANAGER COMMENTS: ATTACHMENT A: City of Aspen Employer Sponsored Housing Program Memorandum ATTACHMENT B: City’s Total Compensation Philosophy (TCP) ATTACHMENT C: City Employee Survey Summary ATTACHMENT D: City Employee Housing Guidelines 79 1 MEMORANDUM TO: Mayor and City Council FROM: Alissa Farrell, Administrative Services Director THROUGH: Sara Ott, City Manager MEMO DATE: December 5, 2022 MEETING DATE: December 12, 2022 RE: City of Aspen - Employer Sponsored Housing Program REQUEST OF COUNCIL: There is no request of Council at this time. This memo is to provide Council with a summary of the progress thus far on the city’s employer sponsored housing program along with information pertaining to next steps underway. SUMMARY: Housing is a complex challenge in the Roaring Fork Valley and for the City of Aspen as an employer. The city, as an employer, is not immune to the consequences of the lack of affordable housing. The continual increase in turnover along with the cost of housing are catalysts for innovative, expansive, and dedicated housing solutions in line with the city’s Total Compensation Philosophy (TCP). Without comprehensively solving the impactful city employer housing dilemma, the problem then cascades to the community through diminished services and lack of business continuity. Consistent with City Council’s affordable housing goal and the city’s TCP, a considerable and comprehensive focus is necessary to improve the housing predicament for city employees. In the TCP, which is used as the framework to guide decision making related to all benefit programs such as city employer sponsored housing, it states the city will provide housing support by: •Responding to the high cost of living and lack of affordable housing through an array of housing options. •Reviewing creative and innovative opportunities on an ongoing basis to further enhance employee support with housing challenges. BACKGROUND: The City of Aspen continues to experience unprecedented turnover rates on average of around 17% for 2022. In part, the high turnover rates are due to the continued affordable housing shortage which impacts the city’s ability to recruit and retain employees for the community. This is an increase from years prior when the city benchmarked 10% for a reasonable and realistic turnover rate based on Employers Council (EC) public sector and resort community survey information. Additionally, feedback obtained from city applicants on the cost of housing and the lack of housing options remains a consistent theme. Many applicants withdraw their applications from posted recruitments upon learning more about the housing market in the Roaring Fork Valley. City positions, particularly those that often cannot be hired locally, remain unfilled for extended and unprecedented periods of time. Vacant positions and turnover correlate to the community not being served to the fullest. On top of applicants withdrawing soon after learning about the housing market, numerous prospective employees Attachment A 80 2 have not accepted job offers or have rescinded their job offers because of lack of housing and housing options. This housing theme is also echoed within confidential and aggregate exit interview data which reinforce that housing, and the lack of housing is also a contributing factor in an employee’s decision to leave city employment. In June 2022, the city distributed an employee housing survey to learn more about city employees and their housing situations, needs, and how it potentially impacts their longtime employment status with the city. The survey received 184 responses, close to a 60% response rate. Appendix B includes the City of Aspen Summary Survey information. Highlights from the survey include: • 53% of responding employees live in Aspen. 24% of employees live in Carbondale or farther down valley. • 80% of responding employees believe that if their housing situation were to improve that it would be very likely or likely to influence their decision to remain employed with the City of Aspen. • 97% of responding employees would prefer to own a home while 64% currently own. For employees, the two driving factors that would move them out of the Roaring Fork Valley are 1) The Lack of Affordable Housing and 2) The Cost of Living. The survey asked employees about their interest in specific programs or housing opportunities the city could provide that could alleviate these concerns. Percentage of responding employees interested in these programs or opportunities: • Down Payment Assistance Program- 59% • Shared Equity Program- 51% • Employee Housing Unit in Aspen- 64% • Employee Housing Unit in Basalt- 56% Responding employees are most interested in employee housing units in Aspen with Basalt as a close second, due to the decrease in commute and being able to work in the same city they reside. Responses from the employee survey in conjunction with city hiring and employee retention data show that housing is a barrier to employee’s long-term employment and job satisfaction. When applicable, employees are significantly more likely to see themselves continuing to work for the City of Aspen and live in the Roaring Fork Valley if their housing situation or options were to improve. High employee turnover is both a high cost to the employer and the community. The City of Aspen maintains an internal, employee housing program designed for city employees that is separate from the Aspen Pitkin County Housing Authority (APCHA), which has grown to sixty-seven units. A recent example of the housing inventory growth is the two additional housing units that were approved by City Council on June 28, 2002, through Resolution #83 and #84, one unit in Snowmass Village and another by the Aspen Airport Business Center. The objective of the city’s internal housing program is to prioritize essential and emergency public services through city positions, which in turn allows for a continued focus on maintaining community priorities along with providing timely emergency services when needed. Although the city’s housing inventory remains a critical recruitment and retention tool, turnover rates, exit interview data, and recent city-wide housing survey reinforce that more innovative options and programs are necessary. More information pertaining to the City of Aspen’s housing guidelines and inventory are included in Appendix C. 81 3 NEXT STEPS: In addition to recent Council approved, housing purchases for the employer sponsored housing program, staff have gathered employee data through recruitments, exit surveys, stay interviews and the recent city-wide employee housing survey. Moreover, Finance, Community Development, and the Asset Department have included financial and real estate information, city housing maintenance costs and planning as part of the data needed in the evaluation of the next steps. Staff have recently paused, assessed all data, and determined that the next step is to bring all key stakeholders together for a workshop in the first quarter of 2023. The objective of this workshop is to develop a draft city employer sponsored housing strategic plan which would be provided to City Council for discussion, input, and approval. To develop the draft internal housing strategic plan, the following items would need to be developed, reviewed and/or refined during the workshop: • The city’s employer sponsored housing program’s overarching and guiding philosophy as it relates to the city’s TCP. • The city’s goals and priorities over the next year and over multiple years. Examples of prioritization of goals and resources include but are not limited to: acquisition of built units and/or the development of employer housing units, employer housing geographical location review, evaluation of the current down payment program and potential expansion, assessment of current housing guidelines, category criteria and eligibility criteria, and transitional housing policy review. • Reassessment and alignment of financial planning including the creation of a specific and comprehensive long-range plan of the city employee housing fund (505 fund) to meet the proposed housing philosophy, goals, and actionable steps. • Identify necessary and dedicated resources to support and achieve the city’s employer sponsored housing goals and priorities. This may include but is not limited to a centralized staffing allocation request to manage the expansive, multi-faceted city housing program. As referenced above, currently this program is managed by a myriad of departments in several areas and is without a dedicated resource. FINANCIAL IMPACTS: No financial impacts at this time. Below is an overview of the current City Employee Housing Fund (Fund 505), which is intended to be further developed for alignment with the City of Aspen’s employer sponsored housing strategic plan after the planned workshop with key stakeholders: The city’s employee housing fund is an internal service fund, meaning it is an aggregation of a citywide program and centralized in its financial planning and accounting. The fund financially supports both existing and new units created or acquired by the city. The revenues for this fund are generated by: a) collecting rent from employees on the units made available to them; b) collecting a sale price if the units are sold to employees (until an employee separates with the city at which time it is repurchased by the city); and c) internal per full time equivalent/employee (FTE) charges assessed to each department annually, to build up resources to further the program’s impact on assuring a stable workforce for the community specifically focused on critical and emergency employees which result in reliable services. This per FTE charge for 2023 is up to $10,000 annually. This annual amount will be dependent and re-established to compliment the outcome of the internal housing workshop along with the forthcoming City of Aspen employer sponsored housing strategic plan. Presently, at a high level, the annual revenues into the fund equate to roughly $3.8 million, the vast majority of ($3.5M) attributable to the internal per FTE charge. Of this total, for 2023, roughly $200,000 82 4 is spent on operational related expenses for existing units and to provide for the down payment assistance program. The down payment assistance program is available to full time employees in good standing to help provide a secured, subordinate loan with the purchase of an APCHA or city housing unit. For 2023, an additional $325,000 is set aside for other capital maintenance for existing units (items like roof, furnace, boiler, appliance replacements, etc.). ENVIRONMENTAL IMPACTS: Environmental impacts will be considered and discussed during the internal housing workshop and in the development of the city’s employer sponsored strategic plan. ALTERNATIVES: Council may provide immediate direction and action related to the city’s employer sponsored housing program in addition to or instead of the city’s internal housing workshop tentatively scheduled for the first quarter of 2023. CITY MANAGER COMMENTS: Appendix A: Total Compensation Philosophy Appendix B: City of Aspen Summary Survey Appendix C: City of Aspen Housing Guidelines 83 Attachment B CITY OF ASPEN Total Compensation Philosophy 1 | City of Aspen TCP Total Compensation Philosophy OVERVIEW The City of Aspen’s Total Compensation Philosophy provides a framework to guide decision-making on compensation and benefits programs for employees. As an employer of choice, the City encourages an engaged and innovative workforce through a Total Compensation Philosophy that supports highly competitive and equitable pay. Employees that embody the City’s values and mission enjoy a unique and rewarding mountain culture experience. City of Aspen EXPERIENCE The City is committed to providing a Total Compensation Philosophy that attracts, retains, and rewards a talented and motivated workforce that embraces the City’s Mission statement and Organizational Values. MISSION STATEMENT To engage with positive civil dialogue, provide the highest quality innovative and efficient municipal services, steward the natural environment, and support a healthy and sustainable community for the benefit of future generations with respect for the work of our predecessors. ORGANIZATIONAL VALUES SERVICE: We serve with a spirit of excellence, humility, integrity, respect PARTNERSHIP: Our impact is greater together STEWARDSHIP: Investing in a thriving future for all by balancing social, environmental, and financial responsibilities INNOVATION: Pursuing creative outcomes, grounded in Aspen’s distinctive challenges and opportunities The City invites employees to bring their passion and experience to affect positive change through public service. Diverse perspectives, rich ideas, and a culture with an appreciation for individuality and a sense of belonging are reinforced and appreciated in the City. To pursue creative outcomes, demonstrate excellence, and address the distinctive opportunities found in Aspen, the City recruits qualified and talented employees who are prepared to manage complex and highly technical challenges. 84 CITY OF ASPEN Total Compensation Philosophy 2 | City of Aspen TCP HOW WE COMPARE OURSELVES To respond to the unique Aspen environment and labor market conditions, the City will: • Ensure we are a market leader locally, regionally, and as appropriate, nationally. • Utilize a comparable labor market that includes both private and public sectors, as appropriate. • Regularly evaluate the City’s competitive labor market and compare similar positions to other organizations whom the City competes with for its workforce. WHAT WE OFFER To achieve a sustainable, fiscally responsible, and highly competitive compensation program, the City will provide the following core Total Compensation programs to City of Aspen employees: PAY  • Market-leading pay structures that consider the high cost of living in Aspen and the surrounding area. • Pay for similar work that is equitable both internally and externally and applied consistently across the organization. • Meaningful merit/performance increases that recognize employee’s contributions and reflect the varying levels of employee achievements. HEALTHY LIFESTYLE BENEFITS  • Comprehensive and competitive benefits programs designed to support the health of City employees and their families. • Robust employee benefits that encourage awareness of individual health and offer resources to pursue healthy lifestyles. • Benefits that are inclusive and meaningful at a variety of life stages.  • Work-life balance enhancements through offerings such as alternative work schedules, employee wellness programs, and ancillary benefit programs. PAY COMMUNICATION • Clarity and transparency in managing the total compensation system. • Communication of the value of the total compensation package offered to City employees. • Guidance and oversight in pay decisions to ensure fairness and consistency. 85 CITY OF ASPEN Total Compensation Philosophy 3 | City of Aspen TCP WHAT WE OFFER - CONTINUED PROFESSIONAL DEVELOPMENT & CONTINUOUS LEARNING  The City seeks to retain and develop employees by providing opportunities for learning and professional development. The City and employees both play critical roles in maintaining the success of a professional development culture. • Foster a positive work environment that is meaningful, stimulating, and encourages employee innovation and creativity. • Provide a range of learning and professional development opportunities for all employees that support personal and professional growth. • Offer ongoing and timely communication to employees on their performance, goals, and professional development throughout the year. REWARDS & RECOGNITION • Acknowledge and celebrate employees’ contributions that align with the City’s mission statement and organizational values.   • Provide financial and non-financial incentives for extraordinary and exemplary performance. • Reward employees by offering learning opportunities to promote professional growth and development. HOUSING SUPPORT • Respond to the high cost of living and lack of affordable housing through an array of housing program options. • Review creative and innovative opportunities on an ongoing basis to further enhance employee support with housing challenges. 86 Attachment C City of Aspen Employee Housing Survey: Summary In June 2022, the city distributed an employee housing survey to learn more about COA employees housing situations, needs, and how it potentially impacts their longtime employment status with the city. The survey received 184 responses. Highlights from the survey include: •53% of responding employees live in Aspen. 24% of employees live in Carbondale or farther down valley. •80% of responding employees believe that if their housing situation were to improve that it would be very likely or likely to influence their decision to remain employed with the City of Aspen. •97% of responding employees would prefer to own a home while 64% currently own. As shown by the chart above, there is a wide split in the amount of stress employees experience during to their housing situation. Employees either have long-term, secure housing or they don’t; there is less room for in between. For employees, the two driving factors that would move them out of the Roaring Fork Valley are 1) The Lack of Affordable Housing and 2) The Cost of Living. The survey asks employees about their interest in specific programs or housing opportunities the city could provide that could alleviate these concerns. Percentage of Responding Employees Interested in Programs or Opportunities: Down Payment Assistance Program- 59% Shared Equity Program- 51% Employee Housing Unit in Aspen- 64% Employee Housing Unit in Basalt- 56% Responding employees are most interested in employee housing units in Aspen, due to the decrease in commute and being able to work in the same city they live in. 87 Attachment D 1 | Page Revised June 2017; Revised November 2022 City of Aspen’s Employer Sponsored Housing Guidelines The City of Aspen has an employer sponsored housing program, separate from the Aspen Pitkin County Housing Authority (APCHA), available to city employees. The objective of this program is to help the city recruit and retain an exceptional workforce which in turn, provides business continuity and services to the Aspen community. The housing category which determines the cost of the unit, is established according to household income levels similar to the APCHA process. The employer sponsored affordable housing inventory available for sale or rent to city employees currently includes the following: Table 1. City of Aspen Employer Sponsored Housing Inventory Location # of Units Unit Types Unit Categories Priority / Use Cemetery Lane 4 Two 2-bedroom Two 3-bedroom Fluctuates Based on Income No Stated Priority Rental or Ownership Burlingame 3 One 2-bedroom Two 3-bedroom Fluctuates Based on Income No Stated Priority Ownership Only Aspen Recreation Center (ARC) 1 2-bedroom Category 3 Priority for Recreation & Police Staff Rental Only Animal Shelter 2 One 1-bedroom One 2-bedroom Category 2 (1 bedroom) Category 3 (2 bedroom) Animal Shelter Staff Prioritized Rental Only Truscott 14 Three Studio Eight 1-bedroom Three 2-bedroom Category 2 Category 3 No Stated Priority Rental Only Anderson Park 1 One 2-bedroom Fluctuates Based on Income Parks Staff Prioritized Rental Only East Hopkins Ave 1 Studio Fluctuates Based on Income No Stated Priority Rental or Ownership Alpine Grove 2 Two 2-bedroom Fluctuates Based on Income Transitional Units Rental Only Parks Campus 1 One 1-bedroom Category 2 Parks Staff Prioritized Rental Only Water Place 24 Three Studio Six 1-bedroom Seven 2-bedroom Fluctuates Based on Income No Stated Priority Rental or Ownership 88 Appendix C 2 | Page Revised June 2017; Revised November 2022 Six 3-bedroom Two 4-bedroom Marolt Open Space 1 One 3-bedroom Fluctuates Based on Income Existing Agreement Rental Only Marolt Seasonal 3 Three 1-bedroom Fluctuates Based on Income Six Month Transitional Rental Only 550 Main Street 8 Three 1-bedroom Three 2-bedroom Two 3-bedroom Fluctuates Based on Income No Stated Priority Rental or Ownership Aspen Mini Storage 1 One 1-bedroom Fluctuates Based on Income Priority for Mini Storage Support Rental Only Snowmass Village 1 One 2-bedroom Fluctuates Based on Income No Stated Priority Rental or Ownership All Units 67 Although Truscott and Marolt have additional flexibility in terms of employment eligibility, in general, there are three categorizations below, not listed in order of priority, of full-time employment to be considered to have priority for city housing before a unit then becomes available to all full-time employees: • Emergency Response Employees defined as employees that regularly and frequently partake in standby practices or other emergency response activities. These positions include but are not limited to police officers, electric line technicians, certain utilities positions, or as designated by the City Manager. Positions may vary pending the needs of the city. • Critical Recruitment and Retention Employees which includes but is not limited to assessing the number of qualified applications for a position, the specific job qualifications, and the length of time to fill past, similar positions. Applicable positions shall vary dependent on the job market. Other criteria may be included in the assessment and approved by the City Manager. • Agency Director and Department Head positions. An Agency Director is defined as an executive position in charge of one or more departments who reports directly to the City Manager (reference Ordinance No. 01, Series of 1985). A Department Head is defined as the chief administrative personnel in charge of a department. All full-time city staff are welcome to apply for open units. Applicants are reviewed based on the above criteria first. Should no applicant meet the criteria, a thorough review of applications will be conducted, and an applicant will be selected based on organizational needs. 89 Appendix C 3 | Page Revised June 2017; Revised November 2022 Some units listed above may include additional costs including but not limited to HOA dues. Employees must be in good standing to be considered for City of Aspen housing. Transitional Housing: Transitional housing options may be available for up to six to twelve months, pending the unit and circumstance. Employees may qualify for transitional housing based on their situation, examples include new employees that meet the priority criteria or an employee losing their current housing due to a major life transition. When determining the purchase price or rent of the unit, the city uses the APCHA category guidelines. Because recruitment and retention of city employees fluctuates drastically over time, the City Manager maintains authority to deviate from the above criteria when necessary to meet the objectives of the City of Aspen. This authority is reserved for extreme situations. Additionally, the owner or renter must not own developed residential real estate that has an address within the Roaring Fork River Drainage areas situated in Eagle, Pitkin, Garfield or Gunnison counties, or with the Colorado River Drainage area from and including the unincorporated No Name area to and including Rifle, and including, but not limited to, Aspen, Basalt and Carbondale, El Jebel, Glenwood Springs, Marble, Meredith, New Castle, No Name, Redstone, Rifle, Snowmass, Snowmass Village and Woody Creek. This is consistent with the APCHA exclusion zone. The above information is a summary only of the City of Aspen’s internal housing program. 90 CoA Employer Sponsored Housing Program Alissa Farrell Administrative Services Director March 27, 2023 91 CoA Employer Housing Recap •Recruitment & Retention Data •Employee Survey Highlights •Internal Housing Overview •Burlingame Ph III Options •Questions/Discussion 92 City of Aspen’s Total Compensation Philosophy (TCP) 93 CoA Recruitment & Retention Overview • Similar to other large employers, the City of Aspen is experiencing: • Unprecedented turnover rates in 2022 – 17% • YTD turnover – 15% •Affordable housing is a contributing factor to turnover = Community impact 94 2022 Employee Housing Survey Highlights (60% response rate) • 95 CoA Employer Sponsored Housing Information • • 67 current units in housing inventory • • Current priority guidelines for employee eligibility: •• Emergency Response/Public Safety Employees (police officers, electric line technicians, etc.) •Essential/Critical Recruitment and Retention Positions •Agency Director or Department Head Positions 96 CoA Employer Sponsored Housing Timeline Summer 2021: Total Compensation Philosophy Adopted by Council Summer 2022: Employee Housing Survey Deployed Summer 2022: Two Additional Housing Units Approved by Council Q1 2023: Internal (city) Stakeholders Met and Developed a Draft City Employer Sponsored Housing Strategic Plan 2023 Council Discussion to Add Burlingame Units 97 Burlingame Ph III Options for Discussion: OPTION A: Development costs without land and infrastructure costs: Size of Unit:Number of Units: Total Costs: $472,154 One-bedroom Two $944,308 $684,956 Two-bedroom Three $2,054,868 =$2,999,176 OPTION B: Development costs, including land and infrastructure costs: $563,327 One-bedroom Two $1,126,654 $817,221 Two-bedroom Three $2,451,663 =$3,578,317 98 Questions/Discussion 99