HomeMy WebLinkAbout2025-35 A Resolution Approving a Development Agreement Between the Town of Vail and Vail Land Partners LLCRESOLUTION NO. 35
Series of 2025
A RESOLUTION APPROVING A DEVELOPMENT AGREEMENT BETWEEN THE TOWN
OF VAIL AND VAIL LAND PARTNERS LLC
WHEREAS, Vail Land Partners LLC (the is the owner of certain real
property known as the Cornerstone site and more particularly described in the Development
Agreement attached hereto as Exhibit A and incorporated herein by this reference (the
Agreement
WHEREAS, the Developer filed an application for approval of a major amendment to
Special Development District No. 4, to approve an amended Development Plan for Area A,
Cascade Village , which application was approved by the Vail Town
Council in Ordinance No. 14, Series 2025, subject to the execution of the Agreement; and
WHEREAS the Developer and the Town wish to enter into the Agreement to facilitate the
Development.
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF VAIL, COLORADO THAT:
Section 1. The Town Council hereby approves the Agreement in substantially the
same form as attached hereto as Exhibit A, and in a form approved by the Town Attorney,
and authorizes the Town Manager to execute the Agreement on behalf of the Town.
Section 2. This Resolution shall take effect immediately upon its passage.
INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Town
Council of the Town of Vail held this 5th day of August 2025.
_________________________
Travis Coggin, Mayor
ATTEST:
Stephanie Kauffman, Town Clerk