{"id":1306159,"date":"2019-03-19T20:35:55","date_gmt":"2019-03-20T02:35:55","guid":{"rendered":"https:\/\/www.vaildaily.com\/?p=451681"},"modified":"2019-03-19T20:35:55","modified_gmt":"2019-03-20T02:35:55","slug":"vail-council-opens-door-for-different-development-proposal-in-east-vail","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/kske\/local-news\/vail-council-opens-door-for-different-development-proposal-in-east-vail\/","title":{"rendered":"Vail Council opens door for different development proposal in East Vail"},"content":{"rendered":"

This story will be updated.<\/em><\/p>\n

VAIL \u2014 The Vail Town Council on Tuesday had two options regarding possible development on a parcel in East Vail. By delaying action on one option, council members opened the door for the second.<\/p>\n

By a 4-3 vote, council members voted to delay approving a term sheet<\/a> for the town to purchase from Triumph Development. Under terms of the deal, the town would have purchased the entire 23.3-acre parcel. That parcel, rezoned in 2017, is now divided into a 5.3-acre section for housing, with another 17.9 acres zoned for preservation.<\/p>\n

Under the proposed deal, the town would have purchased the property for $4 million. After 10 years, Triumph would re-purchase the property used for housing for $2.5 million. The remaining $1.5 million would pay for permanent deed restrictions on 40 units out of a possible 130 to 140 units. The town would also retain ownership of the larger, protected parcel.<\/p>\n

Vail Housing Director George Ruther told council members they had two options with the deal: Accept the purchase deal, which would deed-restrict 100 percent of all the units on the site, or allow Triumph to submit a proposal in which 30 percent of all units on the parcel would be available at free-market, unrestricted rates as allowed by the parcel\u2019s zoning. Ruther said the 30 percent free-market allowance allows developers to subsidize deed-restricted units.<\/p>\n

After about 90 minutes of presentations and public comment, council member Kim Langmaid moved to delay voting on the proposed deal until Triumph submitted a specific plan for the property, as well as mitigation plans to protect the small herd of bighorn sheep that uses part of the parcel as critical winter range.<\/p>\n

\n

Recommended Stories For You<\/h2>\n<\/p><\/div>\n

That motion passed on a 4-3 vote. Langmaid, along with council members Kevin Foley, Jen Mason and Mayor Dave Chapin voted for the delay. Council members Travis Coggin, Greg Moffet and Jenn Bruno voted against the motion.<\/p>\n

Mason said striking a deal for the land before any proposal went to the Vail Planning and Environmental Commission was \u201cout of sequence.\u201d Foley said he worried that buying the land before a project went to the planning board could prejudice that group to vote in favor of a plan.<\/p>\n

After the vote, Triumph Chief Operating Officer Michael O\u2019Connor said the company will proceed with a proposal.<\/p>\n

We put a question to the council tonight, and we heard from four members they\u2019re not interested in answering that question,\u201d O\u2019Connor said.<\/p>\n

O\u2019Connor added that Triumph will now work on a proposal that the company can control. That most likely means the company will submit a plan that has 30 percent free-market units.<\/p>\n

Vail Daily Business Editor Scott Miller can be reached at smiller@vaildaily.com<\/a> or 970-748-2930.<\/em><\/p>\n

via:: Vail Daily<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This story will be updated. VAIL \u2014 The Vail Town Council on Tuesday had two options regarding possible development on a parcel in East Vail. By delaying action on one option, council members opened the door for the second. By a 4-3 vote, council members voted to delay approving a term sheet for the town to […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[160],"tags":[],"class_list":{"0":"post-1306159","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-local-news"},"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-16 07:27:07","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KSKE Ski Country","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/kske","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts\/1306159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/comments?post=1306159"}],"version-history":[{"count":0,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts\/1306159\/revisions"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/media?parent=1306159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/categories?post=1306159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/tags?post=1306159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}