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EagleVail Nordic Trail System Read more

EagleVail Nordic Trail System

EagleVail Nordic Trail System
The EagleVail Community is blessed to have a variety of Nordic Trail System’s right here in our own backyard.  Located on the 18-hole golf course these trails are a great place enjoy the outdoors.  The 18-hole golf course provides more than 8K of groomed and set track for cross-country skiing, snowshoeing, and dog walking.  This trail is maintained every Tuesday, Thursday, Saturday, Sunday, and after each snow.
 
Back again this season is the Willow Creek Nordic Training Facility, located on the Par 3 golf course.  This ski only facility is designed to allow young skiers to fulfill their dreams and goals on 2.5K of groomed terrain.  This facility is a partnership between the EagleVail Metro District, Homestake Peak and Ski & Snowboard Club Vail. 
 
The EagleVail Nordic Track and the Willow Creek Training Facility are a great asset to the community.  Both facilities are open to the public and are free of charge.  Signs will be placed in key locations throughout the trail systems indicating which trails are for skiing and which are for multiuse.  Walking on the “ski only” trails damages the skiing surface.  Please be respectful and follow ALL signs and cleanup after you pets.  Have a safe and wonderful winter season.
 
HAPPY TRAILS,
EagleVail Maintenance Department, Homestake Peak School and Ski & Snowboard Club Vail
2018 POA Annual Meeting Info & Call for Self-Nominations Read more

2018 POA Annual Meeting Info & Call for Self-Nominations

            The EagleVail Property Owners’ Association (“EVPOA”) Annual Meeting will be held on Thursday, February 15, 2018, at 5:00 p.m. at the EagleVail Pavilion, 538 Eagle Road, in EagleVail, Colorado, preceding the EagleVail Board Regular Meeting. 

Three director positions on the EVPOA Board of Directors will be elected. Election of Directors will take place by secret written ballot via U.S. mail or hand delivery. Ballots will be mailed to all Owners entitled to vote. No votes will be cast at the annual meeting. Results of the election will be announced at the annual meeting.

Interested candidates must provide Kris O’Neill with the following information: candidate’s name, mailing address, property/legal address, telephone number, email address and a brief biography/summary of the candidate’s educational background, work experience and why the candidate desires to volunteer to serve on the Board.  All candidates must be without violations and/or unpaid account balances.

Candidate submissions may be sent to Kris O’Neill by facsimile at 970-949-0520, by regular mail to the EVPOA at P.O. Box 1282, Avon, CO 81620, by e-mail at krisoneill@eaglevail.org or dropped off at the administrative offices at 538 Eagle Road, Avon, CO 81620 lower level of the Pavilion. Submissions MUST be received by the EVPOA by 12:00 p.m. on December 18, 2017, in order for the candidate to participate in the candidates’ forum and to be included on the EVPOA mail-in ballot that will be distributed to Owners entitled to vote.

Please note the following important dates:

December 18, 2017, by 12:00 p.m.:  Deadline for receipt of candidate bios and submissions

January 18, 2018, after the Board Meeting (exact time TBD):  Candidates forum – Location: EagleVail Pavilion

February 9, 2018, by 4:00 p.m.:  Deadline for receipt of written ballots

February 15, 2018, 5:00 p.m.:  2018 Annual Meeting of the EVPOA – EagleVail Pavilion

EagleVail POA Signs New Management Company Read more

EagleVail POA Signs New Management Company

EagleVail POA Signs New Management Company

BOLD Property Management to Start January 1st

In a 3-2 vote last Thursday night the EagleVail Property Owner’s Association agreed to sign Avon based BOLD Property Management Solutions to manage the association’s affairs.  BOLD will replace the EagleVail Metropolitan District as the association’s manager. 

Reasons cited by Stephen Daniels, Judd Watts and Jake Jacobson---those voting for new management---are a savings of about $100,000 per year in administrative costs over the current arrangement, improved management and adherence to governing documents, Colorado laws and regulations, improved clarity of roles of the EVPOA and EVMD and accountability of management to the Board and community.

Mike Kieler and Karl Krueger voted against the motion.  Krueger was skeptical about the change, believing that the community might lose many of the “less tangible” benefits associated with having one management team working so closely with both the EV Metro District and EVPOA Boards.

The EVPOA board first began discussing this change in September.  The transition of services will begin immediately.  BOLD will be the designated manager effective January 1, 2018.

BOLD is one of the largest Association managers in Eagle County with 46 associations and 3,000 units under management. They were selected from five firms considered.   BOLD uses cloud based technology to better manage EVPOA functions and communicate with Members.

The primary responsibility of the EVPOA is to enforce the covenants in the governing documents and oversee the Design Review function.  Design Review refers to review and approval of homeowner plans to build new homes or modify existing properties.  EVPOA duties are less complex than most HOA/POA's because of the limited role established in the 1992 Declaration of Covenants, Conditions and Restrictions - CLICK HERE.

For additional information, CLICK HERE or contact one of the EVPOA Board members.  In approving the new management arrangement, the EVPOA Board acknowledged the efforts and support of the EagleVail Metro District and staff for their leadership over the years.

The EV Metro District Board and the EVPOA Board began meeting together in 2009 as the EagleVail Board of Governors (BOG) in order to improve outcomes for the community.  The two boards dissolved the BOG in late 2016.  In its action on Thursday, the EVPOA Board
EVMD Completes Successful Refunding of Bonds to Reduce Future Taxes Read more

EVMD Completes Successful Refunding of Bonds to Reduce Future Taxes

EAGLEVAIL METROPOLITAN DISTRICT COMPLETES SUCCESSFUL

REFUNDING OF BONDS TO REDUCE FUTURE TAXES

 

The EagleVail Metropolitan District completed the refinance of its 2009 bonds at lower interest rate which will reduce future borrowing costs and taxes for EagleVail property owners. Refunding of the bonds will reduce future borrowing costs by about ten percent (10%) on $5 million in bonds. The interest rate on the newly issued bonds is just below three percent (3%) as compared to an average rate of 4.85% on the previously issued bonds in 2009.  The new bonds have the same repayment term as the original 2009 bonds with a final maturity in 2035. The net present value of the interest savings is $555,000, or about ten percent of the bonds outstanding. No increase in debt was incurred through this refunding.

 

The financial benefits will directly benefit taxpayers in EagleVail by reducing the taxes levied for debt service. The interest cost and corresponding property taxes will be reduced in 2018 through a reduction in the mill levy rate. For a home valued at $500,000, the savings will be approximately $16 per year. A proportional amount will apply to homes with a greater value.

 

A refunding involves issuing new bonds that will be used to repurchase previously outstanding bonds to take advantage of lower interest rates. The bonds were rated A+ by S&P and were oversubscribed. The underwriter was Stifel, a leading underwriter of state and local debt throughout the US. The debt service was less than originally approved by taxpayers in 2009, and therefore there was no requirement to seek taxpayer approval to reduce the interest cost of the debt.

 

About the EagleVail Metropolitan District

The EagleVail Metropolitan District is a “special district” under Colorado law that provides recreation amenities to residents. EagleVail is nestled between the world famous ski resorts of Vail and Beaver Creek in the high rockies of Colorado. EagleVail has about 1,450 homes and 3,000 residents.

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