| | | | | | | | VAIL TOWN COUNCIL AGENDA MEMO
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| | | | | | | | ITEM/TOPIC: Transportation Impact Fee Update
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| | | | | | | | PRESENTER(S): Tom Kassmel, Town Engineer and Dwayne Guthrie, TischlerBise Representative
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| | | | | | | | ACTION REQUESTED OF COUNCIL: Affirm the direction of the Transportation Impact Fee
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| | | | | | | | BACKGROUND: TischlerBise has provided an updated Nexus Study and draft fee schedule for the Town’s review. The draft fee schedule is based on anticipated future development, the current estimated cost of the capital projects to accommodate future development, and the appropriate proportioned fiscal responsibility.
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| | | | | | | | STAFF RECOMMENDATION: Staff recommends confirming the direction of the Transportation Impact Fee with the understanding a final Transportation Impact Fee schedule and Ordinance will be presented to Council for adoption within the next couple of months.
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