Item Coversheet

VAIL TOWN COUNCIL AGENDA MEMO

ITEM/TOPIC:   Exploratory Discussion for Survey Concerning Natural Area Preservation Rezoning (Middle Creek Subdivision)

PRESENTER(S):   George Ruther, Housing Director

ACTION REQUESTED OF COUNCIL:   Does the Vail Town Council authorize the expenditure of up to $7,500 to complete a more indepth analysis of the Tract A, Middle Creek Subdivision property to obtain additional objective information and data?

BACKGROUND:   On April 17, 2018, the Vail Town Council instructed staff to return to a future Town Council meeting with an estimated cost to obtain more in depth objective information on the property.  Based upon initial probable cost estimates, up to $7,500 will be required to obtain the next level of information. 

STAFF RECOMMENDATION:   If the Vail Town Council wishes to better understand the feasibility of residential development on the property in question, the town staff recommends the Town Council authorizes the expenditure as requested to obtain additional objective information and data.

ATTACHMENTS:
Description
Exploratory Discussion for Survey Concerning Natural Area Preservation Rezoning Memorandum