Vail Town Council’s latest look at the Timber Ridge redevelopment project will include a recently proposed deal structure meant to break down the estimated $152 million price tag into bite-sized pieces. This deal structure not.
The Vail Town Council is making arrangements to hire former Vail Town Manager Stan Zemler to serve as interim town manager following the resignation of current manager Scott Robson.
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The Vail Town Council will review a revised draft pre-development agreement between the town and Triumph Development in pursuit of its Alternate Housing Sites Initiative at its Feb. 2 evening meeting.
The agreement, Resolution No. 3, is listed as action item 5.1 on the virtual meeting agenda which begins at 6 p.m. with opportunities for public comment before and during the meeting. The draft agreement was originally scheduled for review and adoption at the Jan. 19 meeting but was moved to the Feb. 2 meeting to address concerns forwarded to the town by Vail Resorts, who is not a party to the agreement. The draft agreement is a key component of the Vail Town Council’s Alternate Housing Sites Initiative.