| | | | | | | | VAIL TOWN COUNCIL AGENDA MEMO
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| | | | | | | | | ITEM/TOPIC: Resolution No. 37, Series of 2016, A Resolution authorizing the Town Manager to enter into a Pre Development Agreement with Triumph Development West, LLC, and setting forth details in regard thereto.
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| | | | | | | | PRESENTER(S): George Ruther, Director of Community Development
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| | | | | | | | ACTION REQUESTED OF COUNCIL: Approve, approve with modifications, or deny Resolution No. 37, Series of 2016, as read.
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| | | | | | | | BACKGROUND: The Town of Vail sought the professional services of a developer to construct the Chamonix Neighborhood at West Vail. Triumph Development West LLC was selected to be the Town's developer. The Town and Triumph wish to enter into a Pre Development Agreement to establish terms of preliminary services to be provided by Triumph for the construction of the Chamonix Neighborhood.
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| | | | | | | | STAFF RECOMMENDATION: The Community Development Department recommends the Vail Town Council approves Resolution No. 37, Series of 2016, as presented and read. The terms of the Agreement are consistent with the interests expressed by the Town Council.
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