Item Coversheet

VAIL TOWN COUNCIL AGENDA MEMO

ITEM/TOPIC:   Transportation Impact Fee Review

PRESENTER(S):   Tom Kassmel, Town Engineer

ACTION REQUESTED OF COUNCIL:   Review Transportation Improvement projects in more detail and affirm direction of the Transportation Impact Fee

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.  Staff will review in more detail the Transportation Improvement Project List.

STAFF RECOMMENDATION:   Affirm direction of the Transportation Impact Fee

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