Item Coversheet

VAIL TOWN COUNCIL AGENDA MEMO

ITEM/TOPIC:   Vail Economic Recovery Efforts in Response  to the Public Health Crisis

PRESENTER(S):   Mia Vlaar, Economic Development Director

BACKGROUND:   Town Council has identified economic recovery as a top priority in response to the COVID 19 pandemic. The newly formed Vail Economic Recovery Team, a task force of the Vail Economic Advisory Council, includes representatives from retail, restaurants, lodging, health, and nonprofit organizations as well Vail Valley Partnership and Vail Chamber and Business Association, has met twice and formulated recommendations to support the Vail business community. The team is building on the work of Eagle County’s economic recovery efforts and the work of the Vail Valley Foundation’s industry task forces. The team has developed tactics to support local businesses including lodging, restaurants and retail to move toward a swift and safe reopening of our economy. The intent is to provide relief and support to our business community while respecting and operating within the public health orders from Eagle County and the state of Colorado. Specific recommendations for council’s consideration are outlined in this memo.  The tactics recommended below are intended in the context of the Town manager’s emergency order and will be in effect for a temporary period of time. They are not intended to permanently change the way we operate in Vail but rather improve prospects for businesses and positively impact sales tax revenue during the public health crisis in a safe, productive and temporary way.

ATTACHMENTS:
Description
Economic Recovery Staff Memo
Letter to the Town Council from Johannes Faessler