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HomeMy WebLinkAboutPACKET Town Board Study Session 2022-11-22 November 22, 2022 5:15 p.m. — 6:45 p.m. TOWN BOARDEP ® Board Room STUDY SESSION 5:00 p.m. Dinner In Person Meeting — Mayor, Trustees, Staff and Public AGENDA No public comment will be heard This study session will be streamed live and available on the Town YouTube page at www.estes.org/videos 5:15 p.m. Housing Needs Assessment and Strategic Plan Check-in. (Assistant Town Administrator Damweber) 5:45 p.m. Rooftop Rodeo Operations Overview. (Director Hinkle) 6:10 p.m. Trailblazer Annual Update. (Director Bergsten and Manager Swoboda) 6:35 p.m. Trustee & Administrator Comments & Questions. 6:40 p.m. Future Study Session Agenda Items. (Board Discussion) 6:45 p.m. Adjourn for Town Board Meeting. Informal discussion among Trustees concerning agenda items or other Town matters may occur before this meeting at approximately 4:45 p.m. Page 1 F A EP TOWN OF ESTES P Report TOWN ADMINISTRATOR'S OFFICE To: Honorable Mayor Koenig Board of Trustees Through: Town Administrator Machalek From: Jason Damweber, Assistant Town Administrator Date: November 22, 2022 RE: Housing Needs Assessment and Strategic Plan Check In Purpose of Study Session Item: Provide representatives of Root Policy Research, the consultant working on the 2022 Housing Needs Assessment and Strategic Plan, with an opportunity to share preliminary findings and discuss strategies with the Town Board for feedback prior to drafting and submittal of the final report. Town Board Direction Requested: Ask questions and provide feedback for the consultant to consider as they develop the final report. Present Situation: Root Policy Research was selected through a competitive process earlier this year to conduct and new housing needs assessment and develop a housing strategic plan for the Town. After several months of research and community engagement, they now wish to share preliminary findings and provide the Town Board with an opportunity to ask questions about the work to date and provide feedback to inform the final report. Proposal: Staff proposes that the Town Board hear the consultant's presentation, ask clarification questions, and provide feedback. Advantages: New information regarding the Estes Valley's housing related needs and proposed strategies for how to address them will help inform and guide the Town Board's future decision-making with respect to workforce and affordable housing. Disadvantages: None Finance/Resource Impact: N/A Page 3 Level of Public Interest High Attachments: 1. Memorandum from Root Policy Research Page 4 Attachment 1 PROOT POLICY IRESEARCH MEMORANDUM To: Town Staff and Town Board From: Mollie Fitzpatrick, Root Policy Research Re: Estes Park Town Board Study Session: Housing Needs Assessment and Strategic Plan check-in Date : Prepared November 11, 2022 for the November 22 Work Session Root Policy Research, in partnership with OPS Strategies and Williford LLC, was contracted by the Town of Estes Park to conduct a Housing Needs Assessment and Strategic Plan that would provide baseline data on current housing needs and clear, actionable strategies to address the unique housing needs of the Estes Valley. The needs assessment portion of the study is in the final stages, with data analysis and community engagement completed. The consultant team is currently working with the Housing Authority and Town staff on strategy development—and desires to gather input on strategy direction from the Town Board during this study session. Work session o verview . Root's presentation for the study session meeting will highlight key findings from the data anlaysis and community engagement to create a shared understanding of current needs as context for Board discussion on potential policies and strategies to explore for the action plan. Key findings from data analysis and engagement. The bullets below highlight some of the key findings from data analysis and community engagement; Root will present additional details during the work session. ■ The pace of housing unit growth over the past decade was insufficient to keep up with job growth in the region, leading to very tight housing market dynamics and challenges recruiting/retaining workforce. ■ Housing price (and rent) increases far outpaced changes in incomes and wages and rising interest rates will further compress affordability in the near term. ■ The 2016 Housing Needs Assessment identified a need for 1,530 housing units to both "catch up"with affordability needs and "keep up"with projected growth. A similar analysis indicates the need is now up to 2,720 units needed by 2030. Two thirds of these units are needed at price-points affordable to households earning less than 120%AMI; 21% are needed for households earning less than 30%AMI. Page 5 Page 2 ■ Community engagement for the study built upon engagement efforts conducted for the recent Comprehensive Plan but also included a comprehensive survey of residents, in-commuters, seasonal workers, and seasonal owner as well as interviews with key stakeholders, developers, and employers. ➢ Resident survey responses provided additional insight on housing needs and concerns; in-commuters provided important feedback on housing preferences and choice; and seasonal resident responses include important feedback on housing stock and future housing opportunities. ➢ Stakeholders also highlighted the importance of addressing housing needs, discussed barriers to economic growth and residential development, and provided meaningful feedback on potential solutions. Strategy discussion. The draft Housing Action Plan will build upon the work of the Estes Park Housing Authority,Town of Estes Park Lodging Tax Exploration Task Force (and the recently passed LMD funding for housing), recommendations from the 2016 Housing Needs Assessment, the consultant team's research and observations—and the input from this work session with the Town Board. At the work session, we'll discuss progress made on the 2016 action plan, objectives for the current housing strategy, key partners for addressing needs, and Board direction for specific policies or action items to explore. Page 6 11/23/2022 ESTES VALLEY HOUSING NEEDS ASSESSMENT & STRATEGIC PLAN PRESENTED BY Mollie Fitzpatrick,Root Policy Research Ir I ROOT POLICY Denver,Colorado 80220 970 880 1415 x(extension) hello@rootpolicy.corn Key Project Today's Discussion: Objectives • Key findings from data analysis • Update market data and community engagement. and housing needs (from 2016 HNA) • Summarize housing needs • Develop an Actionable • Strategy and policy discussion. Strategy to address needs • Collaborative approach between Town and 1011 Housing Authority 411111 Page 7 11/23/2022 CONDITIONS E I ST I \ G SOCIO— Age Profile ■18-34 35-64 ■ ,- e C O I{�'�I C►m I C Estes Valley 15% 31% TrendsTown of Estes Park 38% 41% Colorado RIMMINIMMEIlki 15% - Aging population (and declining % of children). Job Projections - Job growth outpacing housing 10,000 Rest of Estes Valley(Projection) U Town of Estes Park(Projection) •Rest of Estes Valley(Estimate) U Town of Estes Park(Estimate) _ production. 9,000 8,000 - Jobs concentrated 7,000 UI in low-wage, 6,000 ,o seasonal sectors. 4s3,0,000 00 111111111111111111111 - Disparities in z,000oo income gains. 1,000 6,- 6,- 6,1' e ee e61> 41' 6i> e 61') 61% 619O�� ti ti ti � ti ti ti ti ti � ti ti ti ti ti ti ti ti ti ti ti 4 Page 8 11/23/2022 H ousi ng Stock: The pace of housing unit growth in the past decade was the slowest since the 1960s, and use of existing homes is trending toward more seasonal/recreational use. 4,500 6�u 3% 4,000 Othervacant units 33% 3,500 26% Vacant for seasonal,recreational,or occasional use 3,000 2,500 22% Resident renteroccupied unit 24% 2,000 1,500 46% 39% 1,000 Resident owner occupied unit 500 0 - 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Occupancy and Vacancy of Housing Units;Town of Estes Park Average asking rent for current listings: (up 32% from $1 ,395 in 2015) $1,845 Rent and per month sale price increases Median Sales Price approaching $600,000 in Estes Park outpaced $600,000 Trendline income $500,000 $400,000 gains... ---- $300,000 (coupled with $200,000 ---- ----- very low rental vacancy and for- $100,000 sale inventory). $" 0 N M v 111 l0 N 00 D1 O ,- N M v VI W M O N 9 0 0 0 0 0 0 0 0 0 1- N N N C C C C C C C C C C C C C C C L C C C C C L C Page 9 11/23/2022 Maximum Rental Demand Rental Supply H o u s i n g Affordable (Current Renters) (Current Units) Cumulative Renter Incomes Gross Rent Number Percent Number Percent Gap Gap Ga p s Less than$25,000 $625 491 32% 250 16% (241) (241) 22% 116 An a I ys i s $35,000-$50,000 $1,250 100 7% 435 9% 335 (2 0) $50,000-100,000 $2,500 360 24% 368 7% 8 218 $100,000 or more 234 15% 41 1% (193) 25 Acute need at lower income levels Maximum Potential Demand For-Sale Supply but workforce Affordable (Current Renters) (Sales 8/21-8/22) Cumulative Renter Incomes Home Price Number Percent Number Percent Gap Gap needs persist up to $100,000 incomes, Less than$25,000 $93,700 491 32% 5 2% -30% -30% $25,000-$35,000 $131,200 331 22% 2 1% -21% -51% particularly for $35,000-$50,000 $187,400 100 7% 5 2% -5% -56% ownership options. $50,000-100,000 $374,800 360 24% 44 15% -9% -65% $100,000 or more 234 15% 231 80% 65% 0% Ei \ G AGEv E \ T COMMUNITY Page 10 11/23/2022 When you were looking for your•current housing,did you consider living in the Estes I n _ Valley? Commuter No 17% Housing Yes 83% Choice In-co m m ute rs are If yes,what were the reasons you chose not to live in the Estes Valley? interested in living Housing I could afford was lower quality 42H. in Estes but Couldn't find an affordable home to buy 49, couldn't find Couldn't find an affordable apartment to rent housing that met Housing I could afford was too small their needs (quality Couldn't find a neighborhood I liked 2(YC and price-point). I chose schools outside of Estes 13% Housing I could afford was older than I prefer 13% The commute for me(or other 11% household member)was too long Other 11% I couldn't find a house/apartment I liked 9% Resident Do you face any of Housing these challenges 68% in your housing YES C h a I l e nges situation? • 68%of residents said they face some type of housing challenge(even higher I worry about my rent going up more than I can afford 24% for renters, low/moderate income I struggle to pay my rent/mortgage 18% households,and minority groups) I worry about my landlord selling the home 18% • Displacement is higher than in 2016: 26%of all residents and 43%of renters I struggle to pay my utilities 16% said they've had to move when they I worry about my landlord converting 16% the home to a short term rental didn't want to in the past 5 years. My home isn't big enough for my family members 16% • 77%of renters want to buy in Estes, Other housing challenge 14% but most don't think they will be able to(due to affordability and availability). I want to get my own place,but I can't afford it 13% I need help taking care of myself/my home and can't find or afford to hire someone 11% 10 Page 11 11/23/2022 • Most seasonal workers have considered living in the valley but Additional have friends family elsewhere(49%), can't find a permanent job (40%) or can't find housing(27%). Community • Seasonal owners are primarily motivated by a desire to retire in Q Estes and vacation options; over half have future plans to live in c�c Estes. Stakeholder • Stakeholders highlighted housing affordability as a key issue for the Perspectives community—both as an economic development need and a social services issue. ➢ In addition to affordability,overcrowding of existing housing units was identified as a key concern among housing and service providers.They attribute such overcrowding to a lack of both availability and affordability of units and note that this trend disproportionately impacts service workers, Hispanic residents,and households with undocumented members. ➢ Economic development representatives and business owners in the Valley are acutely concerned about housing for workers which created material barriers to employee recruitment and retention. ➢ Residential developers highlighted infrastructure costs and land availability as barriers to attainable housing development and encouraged the Town to pursue public-private partnerships for affordable and workforce development(e.g.,incentives,subsidies,etc.for affordable production). 11 HOUSING NEEDS SUvvARY 12 Page 12 11/23/2022 Housing Needs: Catch Up & Keep Up • Rental Shortage •Commuters Unfilled Jobs Retiring Workforce •Job Growth High Job Growth Units Built 2016 Existing Need(Catch Up) 160 340 220 = 720 Lip N 2016-2020 Projected Need(Keep Up) 520 290 210 = 810-1,020 2016-2021 Actual Job Growth 140 o 6) E C 2016-2021 Units Built 360 0 -E U 2016 vs 2022 data gap 200 N 2022 Existing Need 240 650 330 = 1,220 0 = 1,500 2022-2030 Projected Need 810 Housing Catch u p: 1 ,220 units Needs Keep up. 1 SOO units by Income 0-30%AM I ■ ■ Rental I . Owner *based on current 30-50%AMIIt income profile and current tenure. 50-80%AMI 80-120%AMI Over120%AMI 0 200 400 600 800 1,000 1,200 14 Page 13 11/23/2022 Housing Needs by Household Type *based on current household composition. 2,720 1,904 Owner 1,340 Households 859 360 ii me me II 816 Renter 161 I elsolo Households Couples Households Single Roomate Total without with Person Households Households children children Households HOUSING ST RAT G I The draft Housing Action Plan will build upon the work of the Estes Park Housing Authority Town of Estes Park Lodging Tax Exploration Task Force(and the recently passed LMD funding for housing), recommendations from the 2016 Housing Needs Assessment, the consultant team's research and observations—and the input from this work session with the Town Board. Page 14 11/23/2022 1. Fund—Generate resources for affordable Strategic housing development, preservation, and Key services.Approaches Partners & EPHA to Address 2. Build—Support development of dedicated Housing affordable housing, naturally occurring affordable housing, and diverse housing types Needs to accommodate a broad spectrum of needs and preferences. - Affordability - Diversity 3. Preserve—Work to maintain existing dedicated - Stability and naturally occurring affordable housing. - Equity 4. Assist—Increase access to resident housing services and programs through partnerships, funding, and tailored program development. Housing Toolkit: Potential policies and programs to promote housing diversity, affordability, and stability • Dedicated local funding sources (linkage fee, sales tax, property tax, Bond, etc.) FUND • One-time local funding sources (ARPA, GF allocation, etc.) • Outside sources (loans, LIHTC, CDOH, Prop 123) • Property acquisition (Land Inventory and Land Bank programs) • Public-private partnerships BUILD • Development incentives(e.g., density bonus, fee rebates, parking reductions) • Zoning code update to reduce barriers to diverse housing(e.g., gentle density in existing neighborhoods, ADUs, missing middle, etc.); and lower-cost housing • Grant or low-cost loan program to preserve existing naturally occurring aff. housing PRESERVE • Invest in maintenance and upgrades to existing housing inventory • Conversion of STRs to LTRs • Improve access to and awareness of available regional programs ASSIST • Down payment assistance • Rental assistance • Employer assistance programs Page 15 11/23/2022 Discussion Questions Why Work to What other strategies/ Address Housing Needs? • actions would you like us to • Housing is a fundamental function of community. explore in the Strategic Plan? A balanced housing stock accommodates a full"life cycle community which in turn supports the local • What are your priorities for economy. the Housing Strategy—what • Research shows that a constrained housing market negatively impacts economic growth. does success look like? • Residents'housing needs change over time, most • What concerns might you often due to aging, education and skill development, have about implementation? employment, economic disruption, care for family members, and/or transition to a fixed income. • What roles do you think • Recent trends in market prices, increasing mortgage make sense for the Town interest rates, and development constraints are and the HA? putting the Valley out of reach for middle income households and in-commuters. 19 ROOT POLICY EESEAPCH Page 16 A IP TOWN OF ESTES PA Report EVENTS & VISTOR SERVICES To: Honorable Mayor Koenig Board of Trustees Through: Town Administrator Machalek From: Rob Hinkle, Events & Visitor Services Director Date: November 22, 2022 RE: Rooftop Rodeo Operations Overview Purpose of Study Session Item: Provide an overview of the Rooftop Rodeo. Town Board Direction Requested: No direction is needed at this time. Present Situation: Estes Park Western Heritage, Inc. partnered with the Town of Estes Park in producing the Rooftop Rodeo for many years. Estes Park Western Heritage, Inc. has recently dissolved and the Town of Estes Park has assumed all responsibilities for producing the Rooftop Rodeo. The Town is currently in the process of contracting an entity to help coordinate the rodeo. Proposal: N/A Advantages: N/A Disadvantages: N/A Finance/Resource Impact: N/A Level of Public Interest Low interest Attachments: 1. Rooftop Rodeo Operations Overview Presentation Page 17 11/16/2022 Attachment 1 Estes Park 11001tOpeR7Rodieo ,,,,„ Operations Review Events & Visitor Services Department Rob Hinkle Town Rodeo Revenue & Expense 2021 2022 Expenses 2021 2022 Stock Contractor S103.966 S109.534 Revenue Added Purse S65.000 S66.000 Admission Tickets S181.491 S219.131 Service Fees S7.619 S9.557 Food Concessions S5.047 S8.421 Entertainment S1.250 S4.495 Vendors S2.625 $1,350 Vet S1.475 S2.200 PRCA Judges S4.050 S5,400 Sponsorship SO S4.500 Lodging S13.465 S19.685 Other Revenue S5.230 S5.917 Secretary SO SO Total Revenue S194.393 S239.319 Security S3.480 S3.540 Other Expense S14.789 S10.745 Total Expense S215.094 S231.156 2021 2022 Net Total -S20.701 S8.163 Page 18 11/16/2022 Town Rodeo Ticket Sales 2021 2022 Tickets Sold 8581 8913 Admission Price Box $30 $35 General $20 $25 Senior $15 $17 Military $15 $17 Kids (3-12) $15 $17 Western Heritage 2022 Revenue and Expense 2022 Revenue $135,086 Expense $90,965 Sponsorship Cash $70,050 In-Kind $101,500 Page 19 11/16/2022 1 2023 Rooftop Rodeo ❖ The Western Heritage Foundation, Inc. Board voted to dissolve the organization in August and transfer assets to the Western Heritage Foundation. ❖ The Town assumed the role of total management of operations and profit/loss. ❖ The Town will contract with an entity to help manage the Rooftop Rodeo Operations. ❖ The Western Heritage Foundation will continue to help with Rooftop's national rodeo network and with the Saloon. 1n')4 Da f+Are Ar,rnler, Town of Estes Park t I Rooftop Rodeo SwdcContractor I I I I Town Sponsorstaps, Marketing, Cam Craw Arena Volunneen Mae ludo Adrertlsing volunteers Stage Hospitality, Comma.Ow e.R Modo,tNM, Saloon Swirl Weh Special Nights 1 1 S'NITiI1I ! r1 ParadeJ 1 Ticketing, Ydidng Secunry, Ushering Committees mine' 5ervices, mine'Sahry 1 1 CMPbh Yawn I o.. ROyaW. Career Mash Cash CAW Mrs.RTR Page 20 11/16/2022 2023 Budget Almegiaaramiatistern Heritage Behind the Chutes Tour Admission S1.500 Saloon Beverage Sales $47,000 Mutton Bustin Admission $700 Cash Sponsorhip S67,000 $116,200 Expenses Shirts/Embroidery $600 Clown Contract SO Sound Contract $8,400 Announcer Contract S10,200 Coordinator Contract S40,000 PRCA Convention $415 Saloon S20,000 Hospitality $7,500 Mutton Bustin/Cash Catch Prizes $350 Nick Mollet Cameras $4,200 PRCA Committee Dues $1,300 PRCA Photographer $2,500 Scoreboard S18,000 WPRA Fees $150 Royalty Expenses $2,000 Advertising/Marketing $6,000 $121,615 Next Steps ❖ Contract With an entity to help manage the Rooftop Rodeo Operations ❖ Send an update to all Rooftop Rodeo volunteers in December ❖ Schedule a volunteer meeting for January Page 21 11/16/2022 Estes Park top "jIodeo July 5 - 10, 2023 Parade July 6, 2023 Page 22 A IP TOWN OF ESTES P Report To: Honorable Mayor Koenig Board of Trustees Through: Town Administrator Machalek From: Utilities Director Bergsten, Finance Director Hudson, Utilities Business Manager Swoboda, Line Superintendent Lockhart Date: 11/22/2022 RE: Trailblazer Broadband Project Update Purpose of Study Session Item: Staff will provide an update on the operations and construction of the community owned Trailblazer Broadband Utility. Town Board Direction Requested: No direction needed Present Situation: Operationally, in July of this year, Trailblazer went from red to black. From now on, we will use net positive revenues to build and maintain our fiber infrastructure and make bond payments. Our existing funds plus net positive revenues will be enough to complete the fiber build- out in 2024 if everything goes according to plan. Over the past three years, the staff monitored and adjusted operations and construction to maximize customer acquisitions and improve the efficiency of operations. The unexpected challenges included the loss of Journey Lineworkers, COVID-19, and supply chain delays. During the Study Session, staff will provide examples of past challenges and future risks. We will also review sales, marketing, and our call center performance. Proposal: Staff proposes we continue to provide modern high speed Trailblazer Broadband internet service coupled with superior customer service. Advantages: • Municipal ownership of a fiber based broadband utility is providing a modern foundation for our community's future. • The fiber infrastructure enables future smart grid technologies required to integrate DERs and expand renewable energy resources. Page 23 Disadvantages: • The increased workload through startup and build out is exhausting; however, we can see the light at the end of the tunnel Finance/Resource Impact: Trailblazer Broadband has become a self-funded utility. Level of Public Interest Interest remains high with a managed three-week backlog of scheduled installations Attachments: 1. Operating projections Page 24 Attachment 1 TOWN OF ESTES PARK TRAILBLAZER BROADBAND PROJECTION OF AVAILABLE CONSTRUCTION FUNDING AS OF 11/10/2022 2022 2023 2024 2025 2026 TRAILBLAZER NET INCOME 208,918.42 580.46 302,305.97 194,229.35 94,928.26 Bond Proceeds-Capitalized Interest Investment Account 718,375.00 1,550,507.00 602,449.00 - - Amount Available for Capital Outlay from Operations 927,293.42 1,551,087.46 904,754.97 194,229.35 94,928.26 Capital Outlay Appropriations Bond Constr Acct 608,515.00 ARPA Grant 1,615,173.00 DOLA Grant 1,190,250.00 FUNDS AVAILABLE FOR COMPLETION OF BUILDOUT 4,341,231.42 1,551,087.46 904,754.97 194,229.35 94,928.26 Page 25 11/23/2022 Power & Communications Report November 2022 T RAI L ^41 B LAZ E R BROADBAND CONNECTING OUR COMMUNITY TRAILE.41 Connecting Our Community A BROADBAND BUZZER TrailblazerBroadband.com EP Overview Sales/ Marketing Customer Experience/ Customer Care Construction Schedule Financials TRAIL Connecting Our Community A BLAZER BROADBAND TrailblazerBroadband.com EP Page 26 11/23/2022 Sales Dashboard Key Performance Indicators Sept 2020 Sept 2021 Oct 2022 Open Cabinets(Service Available): 10/56 25/56 39/58 clients Clients(Signed Up for Service,Activated or Not): 477 1,410 2,602 Residential Clients: 457 1,320 2,394 Commercial Clients: 20 90 208 Sales Rates 11 Sales Conversion(Clients/Registered Leads) 60'0 64% 66% Cabinet Take Rate(Sales/Total Eligible Clients) 25°.. 29% 34% Client Cancellation%(After Sign Up or lnstall) 2°c 6% 9% 'aaeody!furore into Soles Conversion 6 measles L Overall Cabinet Take Rates by Time Open (through October 2022) %Take Rate Open 6 Months or Less 15.21% O•en 7-11 Months 24.26% 0.en 12-23 Months(Target of 30%) 34.92% a•en 24+Months(Tar:et of 40%) 44.66% TRAILr'n Connecting Our Community A BLAZERBAN TrailblazerBroadband.com {P Marketing l' Community Owned.Local Support.Nothing Like it. TRAILf3 ' 'I , Your Bus'liness A ,,�� li BLAZER ritStcr,More Reli ble li ter nrt p�P' \\Po`E TRAILS.' Bringing You Reliable ,� BLAZER TRUE 1 GIG Internet t'� a Congratulations!r e'. Get the Most Out - ,,, , of Your Internet ,., ... I p 6L.tti StayAhead of the Game TRUE s GIG Intern - Wirt Included It NslL1 rayr�r21 it r elude• Even with of t — - _Ilb , our smalls Tcazto e uk TAN: -Local1Gl_r;; .n ' THE 11�, ' t C_AIRN RnppY 3rE i.i,i- r3Y}g;, 'yzltolaser...kn. PAID TRAILf, Register to Stay Informed TRAIL"' Connecting Our Community A BLAZER TrailblazerBroadband.comBROADBAND fP Page 27 11/23/2022 Customer Experience Year-Over-Year Service Center ' Year 1 Year 2 Year 3 Sept2019- Oct2020- Oct 2021- Statistics Sept2020 Sept2021 Oct2022 MTotal Inbound Calls 1,710 3,315 3,705 Total Outbound Calls 2,395 4,912 4,916 Total Calls Handled 4,105 8,227 8,621 Average Monthly Calls(Inbound&Outbound) 316 686 718 I %of Inbound Calls Answered in 30 Seconds .' 90% 85% 79% Queue Abandon% 5% 9% 10% • milli Average Call Handle Time(All Calls in Minutes) I 3:44 3:09 3:28 Customer Satisfaction Score(Calls Only) 97% 98% 94% i Calls Handled by TSRS(Ft.Collins Tech Support)• 126• 600 741 'IGA Ft Colton TSR Support started on 8/13/2020 wan round the clock support beginning 8/24/2020.Annualized call volume for Year 1 Is approximately 360 co. TRAILn Connecting Our Community 4 BLAZER TrailblazerBroadband.com [P Customer Experience I Call Volume YOY-Support vs.Sales ■Customer Support a Sales 80% cos 116 80% i21 40% '18 T996 20% LO% Hill_ 1:28 o% 2020 2021 2022 3494 Call Type%by Year 741, 1GA I cans. TRAIL Connecting Our Community A BLAZER TrailblazerBroadband.com fP BROADBAND Page 28 11/23/2022 Rankings & Testimonials •E Trailblazer Broadband is a huge How likely are you to recommend asset to the Estes Park Great,timely and friendly Trailblazer Broadband? community! Theresa in the office service.So glad to finally was incredibly helpful with have Trailblazer and am scheduling.The installers were so pleased to know that 0 timely and skilled.And,the there are local people we 2022 service speeds are fantastic. can contact if we have a.en¢e Given the slow speeds of the any issues.So far,we're wireless networks in our off to a great start with NPS Score 6 community,fiber to the home is a Trailblazer! huge blessing. I highly 50 50 recommend the service!! 71 TRAILIT —\ V Net BLAZER BROADBAND Promoter Trailblazer Broadband Score 5.0 15 Google reviews -100 100 Internet service provider in Estes Park,Colorado fi �d TRAILrn Connecting Our Community A BLAZER TrailblazerBroadband.com [P Construction-Successes • 39 out of 58 cabinet areas are complete a ='^` lk• 3 out of 4 huts (3rd operational by r .a ° ,•-•" e - end of month) F; -= ---- ■ Overall ahead of schedule — ■ Estes Valley all but 3 neighborhoods completed by the end of the year. • Current construction pace has buildout completed by the end of 2023/early 2024 TRAIL Connecting Our Community A BLAZER Trailblazer Broadband.com EP BROADBAND Page 29 11/23/2022 Construction-Impacts Addressed • COVID Impacts/Cost of Living Increases • Challenge to keep up with staff turnover • Work in more rural areas presented challenges obtaining permits, larger lots, rougher terrain overall as well as complex HOA negotiations • New developments adds additional cost and adds to the construction schedule • Supply Chain Issues and dramatic price increases • Continuous adjustments to the construction schedule to maximize take rate using customer interest statistics TRAILM Connecting Our Community BLAZER TrailblazerBroadband.com [P, Installations/Business Transition gory , rir EN • 2503 Installations have been completed as of the end of October • The installation process is continuing to be improved while transitioning workload in house to reduce costs and the amount of time to complete each install. • We are averaging-100 installations per month.The coordination logistics in outlying areas will force a future reduction of installs. • The field team also responds to all trouble calls, performs maintenance and assists in the build out as needed. TRAIL Connecting Our Community A BLAZER Trailblazer Broadband.com EP BROADBAND Page 30 11/23/2022 Financials We Are Constantly Monitoring the Budget •�'' - • We will make our bond payments. * % . . • We can complete build out by end of 2024 •i'•,;�" o On pace to finish construction end of 2023, but we need Investing in' Fiber Optic Lines;/ an additional$500k to maintain the pace.We can finish in 2024 by slowing infrastructure construction and increasing service installations to generate additional revenue for construction** * Revenues from service **Funds comprised of Town ARPA funds(thank you!),bond revenues,DOLA grant,and net positive revenues.Funding requests to Larimer and Boulder Counties for the additional$500K TRAIL Connecting Our Community A BLAZERBROADBAND TrailblazerBroadband.com Financials Construction $ O&M $ TIME Trailblazer's business model is TWUI&AZER REVENUE&EXPENSE PROJECTIONS transitioning from scale-up to operations. O&M costs will increase; Marketing,Staff Training, Supplemental Programs(e.g.DEl '•°�° goals,Digital Equity etc..)as well as Customer Education and Retention %ORO Programs Revenues —.—Expenses TRAILMI Connecting Our Community BLAZER raazerroaan .com BROADBAND Tilbl B dbd i LP Page 31 11/23/2022 ! '\ ,' • �� . kII"„; �I' ,,r i WE ARE BUSY .1 .1 .Ili ICI nir s. I' 5�1!;, 1‘• , . . . a O " 1 _� 'e - 1 zt � a - 'TRAIL�i, \ el® r "" +.. 1 a ', ilk' * 4 illt • lifliallikksig,i 7 -� . TRAILM Connecting Our Community A BLAZER TrailblazerBroadband.com P BROADBANDTT .AND GROWING!! 1 L.\is 'F'' . 1,- 4 , .... . . . i Tti' I... •} o `` , i jt `A' 'b TRAIL A Connecting Our Community A BLLAZER fP TrailblazerBroadband.com EP Page 32 11/23/2022 .Mr { Thank you ! TRAILM Connecting Our Community A BR BLAZER TrailblazerBroadband.com [P Construction Opening 3rd out of 4 Huts this month located in Glen Haven TRAIL Connecting Our Community A BLAZER Trailblazer Broadband.com EP BROADBAND Page 33 11/23/2022 Construction dit: 4v1'444c' 3 aD Continuous Improvement And Lessons sue" Learned Q TRAILFIR1 Connecting Our Community !, BLAZER TrailblazerBroadband.com JI Sales by Cabinet Cabinet Take Rate%for 25 Open Cabinets Overall Take Rates -Open 24 Months 50.77% -Open 12-23 Months 34.33% SQm" 47 831 .3.9:x -Open 7-11 months 30.30; -Open 6 months or less 20.14% mx 9e nmx ] rIIIIr .d}% 1 o.oax A` �.*°' 0 nd° ,4 / e ,� �� , q d 0°, F, ," e°, .i°, / d, �°, A�° s,°, ,, o °g o dig'y of de e de p� c' de o+ d''`, op°� o^` o of dR`e oo` 0 0 0 0 0 °�`� .„ a a '°e e ,r 9. ,M r rw or�a� �a" .' ,e e„°o a s� 4,e fit° 9, o e 9 ..,§' e a • c, a „ e ° TRAILMI Connecting Our Community A BLAZER TrailblazerBroadband.com {P BROADBAND Page 34 11/23/2022 Marketing "How Did You Hear About Us?" Door Email Repeat Customer Internet sticker 3% 3% Search 3% r ti Friend ot neighbor • Multi-Channel (vrord36%of mouth) Marketing is 4% necessary to Social media create overall a% awareness. • Creates brand awareness and recognition. Postcard 30% • People often act after multiple touch points. Nev.spap,ad Neighborhood sq,u 16% TRAILFIR1 Connecting Our Community A BROADBAND BLAZER TrailblazerBroadband.com EP Customer Engagement Attract Engage Close Delight UNN/11.° 10,000 2,262 1,410 4.8 out of 5 Potential Customers Leads Clients Service Score ***** Social Media Website Notice of Service Installation General Advertising (Register to StayInfonned Availability Customer Service Public Outreach Construction Schedule), (Direct Mail,Email,Follow- 24 Hour Technical (HOA,Meetings,Events) Email Updates up Calls) Support Social Media Social Media TRAILMI Connecting Our Community A BLAZER TrailblazerBroadband.com f P BROADBAND Page 35 11/23/2022 Service Center Metrics Year 1 Year 2 Year-Over-Year Service Center Statistics Sept2019- Oct 2020- Sept 2020 Sept2021 Total Inbound Calls 1,710 3,315 Total Outbound Calls 2,395 4,912 Total Calls Handled 4,105 8,227 Average Monthly Calls(Inbound&Outbound) 316 686 %of Inbound Calls Answered in 30 Seconds 90% 85% Queue Abandon% 5% 9% Average Call Handle Time(All Calls in Minutes) 3:44 3:09 Customer Satisfaction Score(Calls Only) 97% 98% Avg.Monthly Calls Handled by TSRS(Ft.Collins Tech Support)* 30 50, •IGA Ft.Collins TSR Support started on 8/13/2020 with round the clock support beginning 8/24/2020. TRAILM Connecting Our Community 4 BRND BLLAZER TrailblazerBroadband.com [P Page 36 A EP TOWN oi ESTES PARK Future Town Board Study Session Agenda Ite November 22, 2022 December 13, 2022 Items Approved — Unscheduled: • Annual Parking Management and Transit • 1A Renewal Update • Governing Policies Updates • Planning Division Review Deposit Fees • Stanley Park Master Plan • Cleave Street Improvements Draft Design Implementation • Downtown Loop Updates as Necessary January 10, 2023 • Parks Advisory Board Sunset Review Items for Town Board Consideration: • Transportation Advisory Board Sunset None Review January 24, 2023 • Building Codes Page 37 F