| | | | | | | | VAIL TOWN COUNCIL AGENDA MEMO
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| | | | | | | | ITEM/TOPIC: Resolution No. 42, Series of 2018, A Resolution Supporting Eagle County, Colorado Ballot Question Authorizing without Raising Taxes the Extension of the Exisiting 1.5 Mill Levy Related to Eagle County Open Space Program from Fifteen Years from Its Current Expiration
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| | | | | | | | PRESENTER(S): Matt Mire, Town Attorney
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| | | | | | | | ACTION REQUESTED OF COUNCIL: Approve or deny Resolution No. 42, Series of 2018
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| | | | | | | | BACKGROUND: Eagle County submitted and had approved by the electors of Eagle County on November 5, 2002, a question to increase property taxes by one and one-half (1.5) mills for the purpose of acquiring, maintaining, or permanently preserving open space in Eagle County (the "Open Space Mill Levy"). Without raising taxes, the County desires to extend to the existing Open Space Mill Levy for an additional fifteen (15) years from the current expiration of 2025 to 2040 to provide on-going funding for the Open Space Program. Extension of the Open Space Mill Levy will allow the Open Space Program to plan for future open space acquisitions, improvements, short and long-term maintenance, restoration and stewardship of its open space lands.
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