| | | | | | | | VAIL TOWN COUNCIL AGENDA MEMO
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| | | | | | | | ITEM/TOPIC: Resolution No. 9, Series of 2022, A Resolution of the Vail Town Council Approving a Master Lease between the Town of Vail and the Vail Corporation, dba Vail Associates Inc. ("VAI")
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| | | | | | | | PRESENTER(S): George Ruther, Housing Director
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| | | | | | | | ACTION REQUESTED OF COUNCIL: Approve, approve with amendments or deny Resolution No. 9, Series 2022.
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| | | | | | | | BACKGROUND: On March 1 and 15, 2022, the Vail Town Council reviewed a proposed new Timber Ridge Master Lease agreement. Following discussion of the proposed new master lease agreement by the Town Council, direction was provided to the Town staff. The master lease terms are outlined in Section 3 of the Staff Memorandum.
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| | | | | | | | STAFF RECOMMENDATION: Approve, approve with amendments or deny Resolution No. 9, Series 2022.
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