| | | | | | | | VAIL TOWN COUNCIL AGENDA MEMO
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| | | | | | | | ITEM/TOPIC: Resolution No. 10, Series of 2022, A Resolution Approving the Purchase of the Residential Property known as Vail East Lodging, Unit #16, 4123 Spruce Way, Vail, Colorado.
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| | | | | | | | ACTION REQUESTED OF COUNCIL: Approve, approve with amendments or deny Resolution No. 10, Series 2022.
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| | | | | | | | BACKGROUND: The availability of housing remains an ongoing challenge for year-round and seasonal Vail residents. The Vail East Lodging will be used to provide rental housing opportunities for Town of Vail employees. The cost to purchase this home is $565,000.
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| | | | | | | | STAFF RECOMMENDATION: The Housing Department recommends the Vail Town Council approves Resolution No. 10, Series of 2022, as presented.
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