| | | | | | | | VAIL TOWN COUNCIL AGENDA MEMO
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| | | | | | | | ITEM/TOPIC: Vail Town Council's Alternate Housing Sites Initiative Memorandum of Understanding Presentation
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| | | | | | | | PRESENTER(S): George Ruther, Housing Director
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| | | | | | | | ACTION REQUESTED OF COUNCIL: No Town Council action is requested at this time. The Mayor and Town Council will hear public comment on this item during an evening public meeting on July 21st.
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| | | | | | | | BACKGROUND: The purpose of this agenda item is to present a copy of the Memorandum of Understanding (MOU) prepared for the Vail Town Council’s Alternate Housing Site Initiative. The Vail Town Council will hold a public meeting on July 21st to review the MOU in greater detail and hear comment from the public.
On January 16, 2020, Vail Mayor Dave Chapin announced that the Town of Vail had approached representatives from Vail Resorts and Triumph Development with the objective of exploring an alternate approach to the Booth Heights development approved for East Vail. In doing so, it was acknowledged that the desire of the Town was to pursue a win-win outcome that achieved an equitable balance between the adopted housing and environmental stewardship goals. The proposed memorandum of understanding outlines the details of an alternate housing site initiative.
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| | | | | | | | STAFF RECOMMENDATION: The memorandum of understanding is being presented to the Vail Town Council and public on July 7th. To increase transparency and afford additional time for public review prior to sharing public comment, a public meeting on this item is being held on July 21st.
Town staff recommends the Vail Town Council and members of the community listen to the presentation in preparation of public meeting on July 21st.
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