| | | | | | | | VAIL TOWN COUNCIL AGENDA MEMO
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| | | | | | | | ITEM/TOPIC: Ordinance No. 23, Series 2016, First Reading, An Ordinance to Amend Section 12-13-5, Employee Housing; Employee Housing Unit Deed Restriction Exchange Program (Exchange Program), Section 12-23-6, Commercial Linkage; Methods of Mitigation, and Section 12-24-6, Inclusionary Zoning; Methods of Mitigation, Vail Town Code, Concerning the Payment of Fees in Lieu of Providing Employee Housing and Setting Forth Details in Regard Thereto.
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| | | | | | | | PRESENTER(S): Alan Nazzaro, Housing Manager
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| | | | | | | | ACTION REQUESTED OF COUNCIL: Town Council accept the recommendations from PEC and VLHA and approve the Ordinance No. 23 as written.
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| | | | | | | | BACKGROUND: In February of 2016, the Town Council requested background information and began discussions on how the Town of Vail calculates its annual fee in lieu for mitigation of employee housing impacts (Vail Town Code Sections 12-23, 12-24) and the Employee Housing Unit (EHU) Exchange Program (Section 12-13-5). Several work sessions have been held since then, including a joint work session with the Vail Local Housing Authority (VLHA) to determine what changes could be made to improve performance towards meeting the goals of the program. The VLHA made recommendations and the PEC concurred with those recommendations.
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| | | | | | | | STAFF RECOMMENDATION: The Community Development Department recommends approval to the Town Council of Ordinance No. 23, Series of 2016, amending Section 12-13-5, Employee Housing, Section 12-23-6, Commercial Linkage, and Section 12-24-6, Inclusionary Zoning, concerning the payment of Fees in Lieu.
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