| | | | | | | | VAIL TOWN COUNCIL AGENDA MEMO
|
| | | | | | | | ITEM/TOPIC: Resolution No. 11, Series of 2022, A Resolution Approving the Purchase of the Residential Property known as 1860 Meadow Ridge Road, Unit 4, 1860 Meadow Ridge Road, Vail, Colorado.
|
| | | | | | | | ACTION REQUESTED OF COUNCIL: Approve, approve with amendments or deny Resolution No. 11, Series 2022.
|
| | | | | | | | BACKGROUND: The availability of housing remains an ongoing challenge for year-round and seasonal Vail residents. The 1860 Meadow Ridge Road property will be used to provide rental housing opportunities for Town of Vail employees. The cost to purchase this home is $780,000.
|
| | | | | | | | STAFF RECOMMENDATION: The Housing Department recommends the Vail Town Council approves Resolution No. 11, Series of 2022, as presented
|
|