Citizen Participation

Resolution No. 37, Series of 2023, A Resolution Approving the Purchase of Residential Property

Authorize the Town Manager to enter into an agreement, approved by the Town Attorney, to purchase Buffer Creek Condominium, Unit A10, 1860 Meadow Ridge Road, Vail, Colorado, in an amount, not to exceed $775,000, plus closing costs.

This resolution advances the Vail Town Council's critical action of achieving the adopted housing goal of acquiring 1,000 new deed restrictions by the year 2027.

Wild Sheep Foundation Fiscal Sponsor Agreement

Authorize the Town Manager to enter into an agreement, approved by the Town Attorney, with Wild Sheep Foundation to collect funds on behalf of the Town.

The Wild Sheep Foundation will be collecting funds on the Town's behalf, and the purpose of this agreement is to define the Foundation's role in facilitating these donations to the Town, accepting donations on behalf of the Town, and managing such funds for the exclusive use of the Town of acquisition of property.

Contract Award to The Grey Edge Group for Geothermal Snowmelt Feasibility

Authorize the Town Manager to enter into an agreement, approved by the Town Attorney, with The Grey Edge Group for the Ambient Temperature Loop Sink/Source Evaluation Study, in an amount not to exceed $150,000.00.

An initial study to decarbonize the town's snowmelt system showed promising results, and a Phase II study is needed to further identify geothermal resources, advance design, and rough order of magnitude for a potential networked geothermal system.  This technology has the potential to provide a clean energy solution to the town's snowmelt system.

Town Council Decision of Valuation Decree for Booth Heights Property, Town of Vail v. The Vail Corporation, et al., Case Number 2022CV30193

The valuation hearing for Booth Heights was concluded on September 18th, 2023.  The three-member commission determined that the reasonable market value of the property is $17,519,985.00.  Given this determination of the court, the Town Council will consider two options:

• Option A:  Acquire the 23-acre parcel for $17,519,985.00 plus transactional costs, or
• Option B:  Abandon the condemnation and pay transactional costs.

Ordinance No. 20, Series 2023, First Reading, An Ordinance Making Budget Adjustments to the Town of Vail General Fund, Capital Projects Fund, Real Estate Transfer Tax Fund, and Marketing Fund of the 2023 Budget for The Town of Vail, Colorado; and Authorizing the Said Adjustments as Set Forth Herein; and Setting Forth Detail in Regard Thereto.

Approve, approve with amendments or deny Ordinance No. 20, Series 2023, upon first reading.

Ordinance No. 19, Series 2023, First Reading, An Ordinance of the Town of Vail Amending Title 12 of the Vail Town Code to Add the New West Vail Multi-Family Overlay District, to Further the Town's Workforce Housing Goals

Approve, approve with amendments, or deny Ordinance No. 19, Series 2023, upon first reading.

This ordinance is proposing to amend the Vail Town Code with the adoption of the West Vail Multi-Family Overlay District (WVMF). The WVMF overlay district is an implementation component of the West Vail Master Plan, adopted by the Vail Town Council on November 2, 2021.

Town Manager Report

Council Matters and Status Update

Ordinance No. 18, Series 2023, Second Reading, An Ordinance Amending Chapters 11 and 12 of Title 7 of the Vail Town Code Regarding Pedestrian Mall Areas in the Town

Approve, approve with amendments, or deny Ordinance No. 18, Series 2023, upon second reading.

This Ordinance No. 15, Series 2022, is to address HVCCs and strengthen language for the Loading & Delivery maps.

Staff recommends we table this item until the October 17, 2023 Town Council Meeting.