| | | | | | | | VAIL TOWN COUNCIL AGENDA MEMO
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| | | | | | | | ITEM/TOPIC: Resolution No. 29, 2017 A Resolution Approving the Town of Vail Transportation Impact Fee Schedule, Pursuant to Title 12-26; and Setting Forth Details in Regard Thereto
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| | | | | | | | PRESENTER(S): Tom Kassmel, Town Engineer
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| | | | | | | | ACTION REQUESTED OF COUNCIL: Adopt Resolution No. 29, Series 2107, Transportation Impact Fee Schedule
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| | | | | | | | BACKGROUND: On July 11, 2017 the Town of Vail adopted Title 12-26, Transportation Impact Fee, of the Vail Town Code. The proposed transportation impact fee applies to new developments, including creation of any new residential dwelling units, or any new commercial floor area. The fee does not apply to residential remodels where no additional units are added, or to commercial remodels that do not increase square footage or change use. In order to implement the impact fee Town Council will need to adopt a Fee Schedule.
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| | | | | | | | STAFF RECOMMENDATION: Adopt Resolution No. 29, Series 2107, Transportation Impact Fee Schedule
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