HomeMy WebLinkAbout2024-23PROOF OF PUBLICATION
STATE OF COLORADO )
COUNTY OF EAGLE )
I, Stephanie Kauffman, Town of Vail Town Clerk, do solemnly swear and
affirm that I published in full a true and correct copy of Ordinance No. 23, Series
of 2024, First Reading, on the Town of Vail's web site, w"1w.vail.gov, on
The 4t" day of December 2024.
Witness my hand and seal this 41" day of December 2024.
SAVX�l 601n�
Stephanie Kauffman
Town Clerk
ORDINANCE NO. 23
SERIES OF 2024
AN ORDINANCE MAKING BUDGET ADJUSTMENTS TO THE TOWN OF VAIL GENERAL
FUND, CAPITAL PROJECTS FUND, REAL ESTATE TRANSFER TAX FUND, HOUSING
FUND, DISPATCH SERVICES FUND, HEAVY EQUIPMENT FUND, RESIDENCES AT MAIN
VAIL FUND, AND TIMBER RIDGE FUND OF THE 2024 BUDGET FOR THE TOWN OF VAIL,
COLORADO; AND AUTHORIZING THE SAID ADJUSTMENTS AS SET FORTH HEREIN;
AND SETTING FORTH DETAILS IN REGARD THERETO.
WHEREAS, contingencies have arisen during the fiscal year 2024 which could not have
been reasonably foreseen or anticipated by the Town Council at the time it enacted Ordinance No.
24, Series of 2023, adopting the 2024 Budget and Financial Plan for the Town of Vail, Colorado;
and,
WHEREAS, the Town Manager has certified to the Town Council that sufficient funds are
available to discharge the appropriations referred to herein, not otherwise reflected in the Budget, in
accordance with Section 9.10(a) of the Charter of the Town of Vail; and,
WHEREAS, in order to accomplish the foregoing, the Town Council finds that it should make
certain budget adjustments as set forth herein.
NOW, THEREFORE, BE IT ORDAINED, BY THE TOWN COUNCIL OF THE TOWN OF
VAIL, COLORADO that:
Pursuant to Section 9.10(a) of the Charter of the Town of Vail, Colorado, the Town
Council hereby makes the following budget adjustments for the 2024 Budget and Financial Plan for
the Town of Vail, Colorado, and authorizes the following budget adjustments:
General Fund
$ (2,219,533)
Capital Projects Fund
4,393,718
Real Estate Transfer Tax Fund
161,064
Housing Fund
450,849
Dispatch Services Fund
753,200
Heavy Equipment Fund
48,500
Residences at Main Vail Fund
146,000
Timber Ridge Fund
(1,870,335)
Interfund Transfers
3,243,169
Total
$ 5,106,632
2. If any part, section, subsection, sentence, clause or phrase of this ordinance is for any
reason held to be invalid, such decision shall not affect the validity of the remaining portions of this
Ordinance No. 23, Series of 2024
ordinance; and the Town Council hereby declares it would have passed this ordinance, and each
part, section, subsection, sentence, clause or phrase thereof, regardless of the fact that any one or
more parts, sections, subsections, sentences, clauses or phrases be declared invalid.
3. The Town Council hereby finds, determines, and declares that this ordinance is
necessary and proper for the health, safety, and welfare of the Town of Vail and the inhabitants
thereof.
4. The repeal or the repeal and reenactment of any provision of the Municipal Code of
the Town of Vail as provided in this ordinance shall not affect any right which has accrued, any duty
imposed, any violation that occurred prior to the effective date hereof, any prosecution commenced,
nor any other action or proceedings as commenced under or by virtue of the provision repealed or
repealed and reenacted. The repeal of any provision hereby shall not revive any provision or any
ordinance previously repealed or superseded unless expressly stated herein.
5. All bylaws, orders, resolutions, and ordinances, or parts thereof, inconsistent
herewith are repealed to the extent only of such inconsistency. This repealer shall not be construed
to revise any bylaw, order, resolution, or ordinance, or part thereof, theretofore repealed.
INTRODUCED, READ, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON
FIRST READING this 3rd day of December 2024, and a public hearing shall be held on this
Ordinance on the 17t" day of December, 2024, at the regular meeting of the Town Council of the
Town of Vail, Colorado, in the Municipal Building of the town.
Travis Coggin, Mayor
ATTEST:
Stephanie Kauffman, Town Clerk
Ordinance No. 23, Series of 2024
PROOF OF PUBLICATION
STATE OF COLORADO )
COUNTY OF EAGLE )
I, Stephanie Kauffman, Town of Vail Town Clerk, do solemnly swear and
affirm that I published in full a true and correct copy of Ordinance No. 23, Series
of 2024, Second Reading, on the Town of Vail's web site, www.vail.gov, on
The 18t" day of December 2024.
Witness my hand and seal this 18t" day of December 2024.
SAVX�l 601n�
Stephanie Kauffman
Town Clerk
ORDINANCE NO. 23
Series of 2024
AN ORDINANCE MAKING BUDGET ADJUSTMENTS TO THE TOWN OF VAIL GENERAL
FUND, CAPITAL PROJECTS FUND, REAL ESTATE TRANSFER TAX FUND, HOUSING FUND,
DISPATCH SERVICES FUND, HEAVY EQUIPMENT FUND, RESIDENCES AT MAIN VAIL FUND,
AND TIMBER RIDGE FUND OF THE 2024 BUDGET FOR THE TOWN OF VAIL, COLORADO;
AND AUTHORIZING THE SAID ADJUSTMENTS AS SET FORTH HEREIN; AND SETTING
FORTH DETAILS IN REGARD THERETO
WHEREAS, contingencies have arisen during the fiscal year 2024 which could not have
been reasonably foreseen or anticipated by the Town Council at the time it enacted Ordinance No.
24, Series of 2023, adopting the 2024 Budget and Financial Plan for the Town of Vail, Colorado;
and,
WHEREAS, the Town Manager has certified to the Town Council that sufficient funds
are available to discharge the appropriations referred to herein, not otherwise reflected in the
Budget, in accordance with Section 9.10(a) of the Charter of the Town of Vail; and,
WHEREAS, in order to accomplish the foregoing, the Town Council finds that it should
make certain budget adjustments as set forth herein.
NOW, THEREFORE, BE IT ORDAINED, BY THE TOWN COUNCIL OF THE TOWN OF
VAIL, COLORADO THAT:
1. Pursuant to Section 9.10(a) of the Charter of the Town of Vail, Colorado, the Town
Council hereby makes the following budget adjustments for the 2024 Budget and Financial Plan for
the Town of Vail, Colorado, and authorizes the following budget adjustments:
General Fund
$ (2,195,733)
Capital Projects Fund
4,433,959
Real Estate Transfer Tax Fund
890,120
Housing Fund
468,749
Dispatch Services Fund
753,200
Heavy Equipment Fund
73,500
Residences at Main Vail Fund
146,000
Timber Ridge Fund
(1,870,335)
Interfund Transfers
2,592,313
Total
$ 5,291,773
2. If any part, section, subsection, sentence, clause or phrase of this ordinance is for any
reason held to be invalid, such decision shall not affect the validity of the remaining portions of this
ordinance; and the Town Council hereby declares it would have passed this ordinance, and each
Ordinance No. 23, Series of 2024
part, section, subsection, sentence, clause or phrase thereof, regardless of the fact that any one or
more parts, sections, subsections, sentences, clauses or phrases be declared invalid.
3. The Town Council hereby finds, determines, and declares that this ordinance is
necessary and proper for the health, safety, and welfare of the Town of Vail and the inhabitants
thereof.
4. The repeal or the repeal and reenactment of any provision of the Municipal Code of
the Town of Vail as provided in this ordinance shall not affect any right which has accrued, any duty
imposed, any violation that occurred prior to the effective date hereof, any prosecution commenced,
nor any other action or proceedings as commenced under or by virtue of the provision repealed or
repealed and reenacted. The repeal of any provision hereby shall not revive any provision or any
ordinance previously repealed or superseded unless expressly stated herein.
5. All bylaws, orders, resolutions, and ordinances, or parts thereof, inconsistent
herewith are repealed to the extent only of such inconsistency. This repealer shall not be construed
to revise any bylaw, order, resolution, or ordinance, or part thereof, theretofore repealed.
INTRODUCED, READ, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON
FIRST READING this 3rd day of December 2024, and a public hearing shall be held on this
Ordinance on the 17th day of December, 2024, at the regular meeting of the Town Council of the
Town of Vail, Colorado, in the Municipal Building of the town.
Travis Coggin, Mayor
ATTEST:
Stephanie Kauffman, Town Clerk
READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED IN FULL this
17th day of December 2024.
Travis Coggin, Mayor
ATTEST:
Stephanie Kauffman, Town Clerk
Ordinance No. 23, Series of 2024
PROOF OF PUBLICATION
STATE OF COLORADO )
COUNTY OF EAGLE )
I, Stephanie Kauffman, Town of Vail Town Clerk, do solemnly swear and
affirm that I published in full a true and correct copy of Ordinance No. 24, Series
of 2024, First Reading, on the Town of Vail's web site, w"1w.vail.gov, on
the 181" day of December 2024.
Witness my hand and seal this 18t" day of December 2024.
SAVX�l 601n�
Stephanie Kauffman
Town Clerk
ORDINANCE NO. 24, SERIES OF 2024
SERIES 2024
AN ORDINANCE AMENDING CHAPTER 4-14 OF THE VAIL TOWN
CODE TO ESTABLISH IMPACT FEES FOR SHORT-TERM RENTALS
WHEREAS, the Town commissioned a study, conducted by Economic and
Planning Systems Inc., to evaluate whether short-term rentals ("STRs") create an impact
on the Town's demand for housing (the "Study");
WHEREAS, the Study concluded that STRs play a significant role in creating a
demand for housing;
WHEREAS, the Study used economic impact techniques to quantify the
relationships between guest spending when staying in STRs and the number of jobs and
employee -households supported in the local economy by that spending;
WHEREAS, the Study found that many of the jobs created by STRs are at wage
levels that do not pay enough for employees to afford market rate housing in the Town;
WHEREAS, the Town Council wishes to impose an impact fee on STRs, in
accordance with the Study, to fill the gap between what employees can afford and the
costs of housing in the Town; and
WHEREAS, consistent with Colorado Union of Taxpayers Foundation v. City of
Aspen, 418 P.3d 506 (Colo. 2018), the fee imposed by the Town under this Section is
collected from the STR licensees for the primary purpose of defraying the costs of housing
for the local workforce essential to the tourism economy that benefits the STIR licensees.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE
TOWN OF VAIL, COLORADO, THAT:
Section 1. Section 4-14-1 of the Vail Town Code is hereby repealed in its
entirety and replaced as follows:
§ 4-14-1 PURPOSE AND APPLICABILITY.
(A) The purpose of this Chapter is to:
(1) Establish a comprehensive licensing program to safeguard
the public health, safety, and welfare by regulating the use, occupancy,
location, and maintenance of STRs in the Town.
(2) Protect the public health, safety, and welfare by establishing
a STIR impact fee that will reduce the impacts caused by STRs on workforce
housing in the Town.
(3) Benefit STIR licensees by supporting housing policies and
programs for the local workforce that support the Town's economy.
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(4) Address secondary impacts caused by the STR industry by
protecting the character of the local community.
(5) Ensure that the amount of the fee bears a reasonable
relationship to the impacts created by STRs as demonstrated in a study for
the same.
(B) This Chapter shall apply to all STRs in the Town. This Chapter shall
not supersede or affect any private conditions, covenants, or restrictions
applicable to STRs.
Section 2. Section 4-14-3 of the Vail Town Code is hereby amended as follows:
§ 4-14-3 LICENSE REQUIRED.
(C) Expiration; Renewal. Each STR license shall expire onobruary-28
June 30 of each calendar year, or when title of the STR transfers to a new
owner, whichever occurs first; each change in ownership of a STR shall
require a new license.
(D) Timing. An initial license application shall be filed at least thirty (30)
days prior to any advertising of an STR. A renewal application shall be filed
by jaRuary 31 June 1 of the year in which the license expires.
Section 3. Section 4-14-9 of the Vail Town Code is hereby renumbered as
Section 4-14-10.
Section 4. Chapter 14 of Title 4 of the Vail Town Code is amended by the
addition of the following new Section 4-14-9:
§ 4-14-9 ANNUAL SHORT-TERM RENTAL IMPACT FEE.
(A) Fee:
(1) For each new or renewal STR license issued on or after June
30, 2025, the STR license shall be subject to an annual impact fee of one
thousand two hundred ($1,200) per bedroom.
(2) For an STR that is the applicant's principal place of residence
and rented for less than thirty (30) days total in a license term, no impact
fee shall be due. To exercise this impact fee exemption, the applicant shall
submit a signed affidavit, under penalty of perjury, on a form provided by
the Town.
(3) No STR license shall be issued until the applicable STR
impact fee has been received by the Town.
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(B) Bedroom Calculation:
of:
(1) The number of bedrooms shall be calculated as the greater
(a) The number of bedrooms for the STR as listed in the records
of the Eagle County Assessor; or
(b) The number of rooms in the STR with designated sleeping
areas, as stated by the applicant or as stated in the advertisement
for the STR.
(2) Studios shall be counted as one (1) bedroom.
(C) Impact Fee Fund: All STR impact fee funds collected by the Town shall be
separately accounted and be used to defray the costs of:
(1) Promoting workforce housing in the Town; and
(2) Administering and enforcing this Chapter.
Section 5. Section 4-14-5(B) of the Vail Town Code is amended by the addition
of a new subsection 4, to read as follows:
§ 4-14-5 HEALTH AND SAFETY STANDARDS.
(4) For each STR inspection that was requested, but the licensee failed
to allow the inspection when scheduled, there shall be a fee of $115.00,
which shall be paid to the Town prior to rescheduling such inspection.
Section 6. If any part, section, subsection, sentence, clause or phrase of this
ordinance is for any reason held to be invalid, such decision shall not effect the validity of
the remaining portions of this ordinance; and the Town Council hereby declares it would
have passed this ordinance, and each part, section, subsection, sentence, clause or
phrase thereof, regardless of the fact that any one or more parts, sections, subsections,
sentences, clauses or phrases be declared invalid.
Section 7. The Town Council hereby finds, determines and declares that this
ordinance is necessary and proper for the health, safety and welfare of the Town and the
inhabitants thereof.
Section 8. The amendment of any provision of the Vail Town Code as provided
in this ordinance shall not affect any right which has accrued, any duty imposed, any
violation that occurred prior to the effective date hereof, any prosecution commenced, nor
any other action or proceeding as commenced under or by virtue of the provision
amended. The amendment of any provision hereby shall not revive any provision or any
ordinance previously repealed or superseded unless expressly stated herein.
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Section 9. All bylaws, orders, resolutions and ordinances, or parts thereof,
inconsistent herewith are repealed to the extent only of such inconsistency. This repealer
shall not be construed to revise any bylaw, order, resolution or ordinance, or part thereof,
theretofore repealed.
INTRODUCED, READ ON FIRST READING, APPROVED, AND ORDERED
PUBLISHED ONCE IN FULL ON FIRST READING this 17th day of December, 2024 and
a public hearing for second reading of this Ordinance set for the 21st day of January ,
2025, in the Council Chambers of the Vail Municipal Building, Vail, Colorado.
Travis Coggin, Mayor
ATTEST:
Stephanie Kaufmann, Town Clerk
READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED
this day of , 2025.
Travis Coggin, Mayor
ATTEST:
Stephanie Kauffman, Town Clerk
4
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