Item Coversheet

VAIL TOWN COUNCIL AGENDA MEMO

ITEM/TOPIC:   Resolution No. 35, Series of 2020, A Resolution of the Vail Town Council Establishing the Vail Commercial Rent Relief Program and Directing the Town Manager to Provide for the Proper Administration of the Vail Commercial Rent Relief Program

PRESENTER(S):   Mia Vlaar, Economic Development Director

ACTION REQUESTED OF COUNCIL:   Approve, approve with amendments or deny Resolution No. 35, Series of 2020

BACKGROUND:   The Vail business community has requested the Town develop a rent relief program for commercial business owners, a program that would be funded and facilitated by the Town. The Resolution approves the recommended program to support Vail’s economic recovery with a commercial rent relief program for local storefront businesses.

ATTACHMENTS:
Description
Memo Commercial Rental Relief Program 080420
Resolution No. 35, Series of 2020