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HomeMy WebLinkAbout2025-11-18 Town Council Agenda and Supporting Documentation Evening Meeting1.Call to Order (6:00pm) 2.Proclamation (6:00pm) 2.1 Proclamation No. 9, Series of 2025 Colorado Gives Day 5 min. Read proclamation into record. Presenter(s): John Weiss, Small Champions Executive Director 3.Public Participation (6:05pm) 3.1 Public Participation (10 min.) 4.Any action as a result of Executive Session 5.Consent Agenda (6:15pm) 5.1 Resolution No. 55, Series of 2025, a Resolution Approving a Second Amendment to Second Amended and Restated Development Agreement Approve, approve with amendments, or deny Resolution No. 55, Series of 2025. Background: The purpose of this resolution is to amend the development agreement with Triumph Timber Ridge LLC to reflect that the Towns’ $3,000,000 contribution buying down Timber Ridge Village units shall be deducted from the Towns' $25,449,948 purchase obligation. VAIL TOWN COUNCIL MEETING Evening Session Agenda Vail Town Council Chambers and virtually by Zoom. Zoom meeting link: https://vail.zoom.us/webinar/register/WN_hVtEHwwKQ1qkDDXIpffCUQ 6:00 PM, November 18, 2025 Notes: Times of items are approximate, subject to change, and cannot be relied upon to determine what time Council will consider an item. Public comment will be taken on each agenda item. Public participation offers an opportunity for attendees to express opinions or ask questions regarding town services, policies or other matters of community concern that are not on the agenda. Please keep comments to three minutes; time limits established are to provide efficiency in the conduct of the meeting and to allow equal opportunity for everyone wishing to speak. 2025-09 CO Gives Day.docx Public Participation.pdf 11.18.25 TC 2nd amend DA Resolution Staff Report.docx Resolution _ 2025 Second Amendment to Second Amended DA TRV.docx Exhibit A .docx 1 5.2 Contract Award to McKinstry Essention, LLC for the Energy Performance Project Authorize the Town Manager to enter into a contract, in a form approved by the Town Attorney, with McKinstry Essention, LLC for energy performance project, in an amount not to exceed $9,147,164. Background: The Energy Performance Contract (EPC) is a program of the Colorado Energy Office which allows municipalities to utilize savings from energy efficiency measures to fund the capital requirements for facility improvements. The project includes building envelope upgrades, lighting, HVAC equipment, renewable energy and battery storage, electric vehicle charging and a geothermal system. 6.Action Items (6:15pm) 6.1 Ordinance No. 25, Series of 2025, First Reading, An Ordinance Providing for the Levy Assessment and Collection of Town Ad Valorem Property Taxes Due for the 2025 Tax Year and Payable in the 2026 Fiscal Year (6:15pm) 5 min. Approve, approve with amendments, or deny Ordinance No. 25, Series of 2025 upon first reading. Presenter(s): Carlie Smith, Finance Director and Jake Shipe, Budget Analyst Background: This ordinance authorizes the collection of property taxes in 2026 based on 2025 assessed valuations of property within the town’s boundaries 7.Public Hearings (6:20pm) 7.1 Ordinance No. 31, Series of 2025, First Reading, An Ordinance Rezoning Certain Property in West Lionshead to the Lionshead Mixed Use 2 Zone District (6:20pm) 20 min. Approve, approve with amendments, or deny Ordinance No. 31, Series of 2025 upon first reading. Presenter(s): Heather Knight, Planner II Background: The applicants, Vail Corp, Soho Development and East West Partners, are requesting a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 1000 S Frontage Rd W, Glen Lyon Subdivision from the SDD #4 Zone District to the Lionshead Mixed Use 2 (LMU-2) Zone District; 1031 S Frontage Rd W from the Arterial Business (ABD) Zone District to the LMU-2 Zone District; and, 953 S Frontage Rd W from the Arterial Business (ABD) Zone District to the LMU-2 Zone District. EPC Memo 11.18.25.pdf 26 Mill Levy 1st.docx Mill Levy Ordinance 2026 1st.doc Ord #31 of 2025 Staff Memo.pdf 2 7.2 Ordinance No. 24, Series of 2025, Second Reading, Annual Appropriation Ordinance Adopting a Budget and Financial Plan and Making Appropriations to Pay the Costs, Expenses, and Liabilities of the Town of Vail, Colorado, for its Fiscal Year January 1, 2026 through December 31, 2026 (6:40pm) 15 min. Approve, approve with amendments, or deny Ordinance No. 24, Series of 2025 upon second reading. Presenter(s): Jake Shipe, Budget Manager Background: On November 4th, Council passed Ordinance No. 24 upon first reading. Staff has made adjustments and provided additional information in response to Council's comments and questions and is seeking final approval of the Budget Ordinance on second reading. Information provided in the attached memo includes the proposed revenue and expenditures for all town funds, a summary of changes in personnel, funding recommendations for Council contributions, and a five-year capital plan. 7.3 Ordinance No. 26, Series of 2025, Second Reading, An Ordinance Amending Section 7-8-4 of the Vail Town Code Regarding Designated Areas for the Operation of Golf Cars and Low Speed Electric Vehicles (6:55pm) 5 min. Approve, approve with amendments, or deny Ordinance No. 26, Series of 2025 upon second reading. Presenter(s): Chief Ryan Kenney, Vail Police Department Background: The proposed ordinance clarifies the definitions of “Golf Car” and “Low-Speed Electric Vehicle” and establishes designated areas where these vehicles may be operated within the Town of Vail. Attachment A. Ordinance No.31, Series of 2025.pdf Attachment B. West Lionshead Rezone PEC Staff Memo.pdf Attachment C. PEC25-0033 Documents.pdf Attachment D. 10-27-25 PEC Minutes.pdf West Lionshead Rezone Staff Presentation.pdf Applicant Presentation - Rezoning Application - Town Council First Reading - West Lionshead.pdf 2025 Ord 24 2nd reading - 2026 TOV Budget.pdf 2026 Budget 2nd Reading - Memo.pdf 2026 Budget 2nd Reading - Attachment A - Project Narratives.pdf 2026 Budget 2nd Reading - Attachment B - Program Narratives.pdf 2026 Budget 2nd Reading - Attachment C - Council Contributions Applications.pdf 2026 Budget 2nd Reading - Attachment D - Additional Information regarding VVMTA Contribution Request.pdf 2026 Budget 2nd Reading - Attachment E (Departmental Service Increases).pdf 2026 Budget 2nd Reading - Attachment F (Childcare Funding Summary).pdf 2026 Budget 2nd Reading - Presentation.pdf Town Council Memo - LSEV.docx Golf Cars LSEVs-O102325.docx Lionshead_LVES_GolfCarts_11x17_20251007b.pdf Village_LVES_GolfCarts_11x17_20251007b.pdf 3 7.4 Ordinance No. 27, Series of 2025, Second Reading, An Ordinance Amending Chapter 7 of Title 12 of the Vail Town Code Regarding the Conversion of Eating and Drinking Establishments (7:00pm) 5 min. Approve, approve with amendments, or deny Ordinance No. 27, Series of 2025 upon second reading. Presenter(s): Matt Gennett, Director of Community Development Background: The applicant, the Town of Vail, is requesting the Town Council approve Ordinance No. 27, Series of 2025, An Ordinance Amending Chapter 7 of Title 12 of the Vail Town Code Regarding the Conversion of Eating and Drinking Establishments, on First reading. 7.5 Ordinance No. 29, Series of 2025, Second Reading, An Ordinance Rezoning 16 Vail Road, Vail Village Filing 1, Lots M & O, also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vail Village Inn (VV) Zone District (7:05pm) 5 min. Approve, approve with amendments, or deny Ordinance No. 29, Series of 2025 upon second reading. Presenter(s): Heather Knight, Planner II Background: The applicant, Ferruco Vail Ventures LLC, is proposing a Zone District Boundary amendment pursuant to 12-3-7 Amendment, Vail Town Code to rezone 16 Vail Road, Vail Village Filing 1, Lots M & O, also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vaill Village Inn (VVI) Zone District. 7.6 Ordinance No. 30, Series of 2025, Second Reading, An Ordinance Repealing Ordinance No. 13, Series of 2025, to Lift the Temporary Suspension on the Acceptance and Processing of Applications, the Scheduling of Public Hearings and the Issuance of Building Permits related to the Conversion of Eating and Drinking Establishments to any other Permitted or Conditional Use in the SBR, SBR-2, CC-1, LMU-1, LMU-2 and PA Zone Districts (7:10pm) 5 min. Approve, approve with amendments, or deny Ordinance No. 30, Series of 2025 upon second reading. Presenter(s): Matt Gennett, Community Development Director Ordinance No. 27, Series of 2025 Staff Memo.pdf Attachment A. Ordinance No. 27, Series of 2025.pdf Attachment B. Minutes from October 27, 2025, PEC meeting Attachment C. October 27, 2025, staff memorandum to PEC with attachments.pdf Public Comment.pdf Ord #29 of 2025 Staff Memo - Second Reading.pdf Attachment A. Ordinance No. 29, Series of 2025.pdf Attachment B. Vail Village Filing 1 Block 5D Lots M-N-O - Sebastian - Vicinity Map.pdf Attachment C. PEC25-0032 Staff Memo.pdf Attachment D. PEC25-0032 Documents and Plans.pdf Attachment E. 10-13-25 PEC Results.pdf Sebastian Rezone Staff TC Presentation.pdf Sebastian Rezone 11-4-25 TC Applicant Presentation.pdf 4 Background: On June 3, 2025, the Town Council adopted Ordinance No. 13, Series 2025, which imposed a temporary suspension on the acceptance and processing of applications and the scheduling of public hearings related to the conversion of eating and drinking establishments to any other permitted or conditional use in the zone districts cited herein to allow the Town Council to consider amendments to the Vail Town Code in furtherance of the Master Plans and related goals of supporting nightlife and maintaining vibrancy in the Town. 8.Adjournment 7:15pm (estimate) Restaurant Conversion Stay Lift-O103025_mg.docx Public Comment.pdf Meeting agendas and materials can be accessed prior to meeting day on the Town of Vail website www.vail.gov. All Town Council meetings will be streamed live by High Five Access Media and available for public viewing as the meeting is happening. The meeting videos are also posted to High Five Access Media website the week following meeting day, www.highfivemedia.org. Please call 970-479-2460 for additional information. Sign language interpretation is available upon request with 48 hour notification dial 711. 5 AGENDA ITEM NO. 2.1 Item Cover Page DATE:November 18, 2025 TIME:5 min. SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Proclamation AGENDA SECTION:Proclamation (6:00pm) SUBJECT:Proclamation No. 9, Series of 2025 Colorado Gives Day SUGGESTED ACTION:Read proclamation into record. PRESENTER(S):John Weiss, Small Champions Executive Director VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 2025-09 CO Gives Day.docx 6 Proclamation No. 09, Series of 2025 COLORADO GIVES DAY WHEREAS, charitable giving in Eagle County, Colorado is critical to providing support that local nonprofit organizations need to make our community a desirable place to live; WHEREAS, research shows an increase in online giving both locally and nationally, and many believe it is the future of philanthropy; WHEREAS, Colorado Gives Foundation and FirstBank have partnered in an effort to increase charitable giving in our community through the online giving initiative Colorado Gives Day; WHEREAS, Colorado Gives Day in 2024 raised $54.8 million statewide in a single 24- hour period via online donations, and $1.47 million to Eagle County nonprofits via 4,645 individual donations at eaglecountycoloradogives.org, a website allowing donors to direct their contributions to one or more of the over 60 local Eagle County charities featured on the site, making it an ideal resource for facilitating charitable giving to our locally based nonprofit organizations; and WHEREAS, Colorado Gives Day is Tuesday, December 9th this year, and all citizens are encouraged to participate because all donations, large or small, can make a difference to nonprofits in need. NOW, THEREFORE, the Mayor and Vail Town Council do hearby proclaim that Tuesday, December 9, 2025, will be known as Colorado Gives Day in our community. Dated this 18th day of November 2025. Vail Town Council Attest: Travis Coggin, Mayor Stephanie Kauffman, Town Clerk 7 AGENDA ITEM NO. 3.1 Item Cover Page DATE:November 18, 2025 SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Citizen Participation AGENDA SECTION:Public Participation (6:05pm) SUBJECT:Public Participation (10 min.) SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Public Participation.pdf 8 From:tom shoup To:Public Input Town Council Subject:Flags Date:Monday, November 17, 2025 8:17:53 AM Just a note but the flags on the south frontage road East of the main roundabout are looking pretty tired. Lots of flags, i know, but they should look better at our world class resort Thanks 9 AGENDA ITEM NO. 5.1 Item Cover Page DATE:November 18, 2025 SUBMITTED BY:Stephanie Bibbens, Housing ITEM TYPE:Consent Agenda AGENDA SECTION:Consent Agenda (6:15pm) SUBJECT:Resolution No. 55, Series of 2025, a Resolution Approving a Second Amendment to Second Amended and Restated Development Agreement SUGGESTED ACTION:Approve, approve with amendments, or deny Resolution No. 55, Series of 2025. VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 11.18.25 TC 2nd amend DA Resolution Staff Report.docx Resolution _ 2025 Second Amendment to Second Amended DA TRV.docx Exhibit A .docx 10 To: Vail Town Council From: Jason Dietz, Housing Director Anna Bengtson, Housing Development Specialist Date: November 18, 2025 Subject: Resolution 55 Series of 2025, Second Amendment to Second Amended and Restated Development Agreement with Triumph Timber Ridge LLC and the Town of Vail. 1. PURPOSE The Town of Vail previously committed $3,000,000 toward its successful partnership with Habitat for Humanity Vail Valley at Timber Ridge Village to buy down the cost of ten (10) 2- bedroom units via Resolution 51of series 2025. The purpose of this resolution is to amend the development agreement to reflect that the Towns’ $3,000,000 contribution buying down Timber Ridge Village units shall be deducted from the Towns $25,449,948 purchase obligation. The Towns new purchase obligation will be $22,449,948. 2. ACTION REQUESTED Staff is requesting approval of Resolution 55, Series of 2025. 11 RESOLUTION NO. 55 Series of 2025 A RESOLUTION APPROVING A SECOND AMENDMENT TO SECOND AMENDED AND RESTATED DEVELOPMENT AGREEMENT WHEREAS, on July 26, 2024, the parties entered into the Second Amended and Restated Development Agreement, and on December 5, 2024, the parties entered into the First Amendment to Second Amended and Restated Development Agreement (the “Development Agreement”); and WHEREAS, the parties wish to further amend the Development Agreement in the form attached hereto as Exhibit A and incorporated herein by this reference (the “Second Amednment”). NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO THAT: Section 1. The Town Council hereby approves the Second Amendment 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 Second Amendment 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 18th day of November 2025. _________________________ Travis Coggin, Mayor ATTEST: Stephanie Kauffman, Town Clerk 12 1 11/13/2025 C:\USERS\UFC-PROD\APPDATA\LOCAL\TEMP\BCL TECHNOLOGIES\EASYPDF 8\@BCL@3C18A19C\@BCL@3C18A19C.DOCX SECOND AMENDMENT TO SECOND AMENDED AND RESTATED DEVELOPMENT AGREEMENT This SECOND AMENDMENT TO SECOND AMENDED AND RESTATED DEVELOPMENT AGREEMENT (the "Second Amendment") is entered into as of __________, 2025 (the "Effective Date"), by and between the Town of Vail, a Colorado home rule municipality (the "Town"), and Triumph Timber Ridge, LLC, a Delaware limited liability company ("Developer") (each a "Party" and collectively the "Parties"). WHEREAS, on July 26, 2024, the Parties entered into the Second Amended and Restated Development Agreement, which was recorded in the office of the Clerk and Recorder for Eagle County, Colorado, on July 30, 2024 at Reception No. 202408467, and on December 5, 2024, the Parties entered into the First Amendment to Second Amended and Restated Development Agreement, which was recorded in the office of the Clerk and Recorder for Eagle County, Colorado, on December 20, 2024 at Reception No. 202415853 (collectively, the "Development Agreement"); WHEREAS, the Parties wish to further amend the Development Agreement. NOW, THEREFORE, for and in consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: 1. Section 7.d.i of the Development Agreement is deleted in its entirety and replaced with the following: i. Developer shall sell to the Town, and the Town agrees to purchase from Developer, any of the Units identified on Exhibit F attached hereto and incorporated herein by this reference, at the prices set forth in Exhibit F, at the time a certificate of occupancy is issued for each Building wi thing the Project (each a "Town Unit" and collectively the "Town Units"). The Town agrees to purchase at least $22,449,948 worth of Units; provided, however, that if the Town has not contributed $3,000,000.00 to Habitat for Humanity Vail Valley, Inc. (“HFH”), for HFH’s use to purchase units within the Project on or before ___________, or if the Town contributes $3,000,000 to HFH but HFH does not close on the Units for which the Town provided such contribution, then the Town agrees to purchase at least $25,449,948 worth of Units. 2. Except as provided in this Second Amendment, the terms and provisions of the Development Agreement are unmodified and in full force and effect, and the Parties ratify and acknowledge the Development Agreement as amended hereby. 13 2 11/13/2025 C:\USERS\UFC-PROD\APPDATA\LOCAL\TEMP\BCL TECHNOLOGIES\EASYPDF 8\@BCL@3C18A19C\@BCL@3C18A19C.DOCX IN WITNESS WHEREOF, the Parties have executed this Second Amendment as of the Effective Date. TOWN OF VAIL, COLORADO ________________________________ Russell Forest, Town Manager ATTEST: ____________________________ Stephanie Kauffman, Town Clerk TRIUMPH TIMBER RIDGE, LLC By: Triumph Development West, LLC, its Manager By: _____________________________ Name: __________________________ Title: ___________________________ STATE OF ___________________ ) ) ss. COUNTY OF _________________ ) Subscribed and sworn to before me this ______ day of _________, 2025, by ____________ as ______________________ for Triumph Development West, LLC, as Manager of Triumph Timber Ridge, LLC. WITNESS MY HAND AND OFFICIAL SEAL. My commission expires: _______________________________ Notary Public 14 AGENDA ITEM NO. 5.2 Item Cover Page DATE:November 18, 2025 SUBMITTED BY:Cameron Millard, Environmental Sustainability ITEM TYPE:Consent Agenda AGENDA SECTION:Consent Agenda (6:15pm) SUBJECT:Contract Award to McKinstry Essention, LLC for the Energy Performance Project SUGGESTED ACTION:Authorize the Town Manager to enter into a contract, in a form approved by the Town Attorney, with McKinstry Essention, LLC for energy performance project, in an amount not to exceed $9,147,164. VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: EPC Memo 11.18.25.pdf 15 Town of Vail 1 To: Vail Town Council From: Department of Environmental Sustainability Date: November 18th, 2025 Subject: Energy Performance Contract I. Purpose The proposed 2026 budget includes a line item for the town’s Energy Performance Contract project. Upon approval of the budget, the town manager will enter into an agreement with McKinstry as soon as possible to prevent expiration of sub-contractor bids and construction and material cost increases. II. Background The Energy Performance Contract (EPC) is a program of the Colorado Energy Office which allows municipalities and other organizations to utilize savings from energy efficiency measures to fund the capital requirements for facility improvements. Staff presented the Energy Performance Contract to Town Council on November 3rd and the project is included in the proposed 2026 budget. The project includes building envelope upgrades, lighting, HVAC equipment, renewable energy and battery storage, electric vehicle charging and a geothermal system. By investing in this project, the town is guaranteed to save an average of $205,000 annually on utility bills and take advantage of grant funding which brings the net cost to the town to $3.4M. The Vail Town Council has a strategic goal to reduce emissions communitywide by 50% by 2030 and 80% by 2050. This project advances these goals in a fiscally responsible way by leveraging grants and energy savings, resulting in a net positive cumulative cash flow while also achieving nearly 30% of the town’s 2030 climate goal, and setting the town up for a future large- scale geothermal district. III. Action Requested Authorize the Town Manager to enter into an agreement with McKinstry Essention, LLC in a form approved by the Town Attorney, in the amount of, and not to exceed $9,147,164. 16 AGENDA ITEM NO. 6.1 Item Cover Page DATE:November 18, 2025 TIME:5 min. SUBMITTED BY:Jake Shipe, Finance ITEM TYPE:Action Items AGENDA SECTION:Action Items (6:15pm) SUBJECT:Ordinance No. 25, Series of 2025, First Reading, An Ordinance Providing for the Levy Assessment and Collection of Town Ad Valorem Property Taxes Due for the 2025 Tax Year and Payable in the 2026 Fiscal Year (6:15pm) SUGGESTED ACTION:Approve, approve with amendments, or deny Ordinance No. 25, Series of 2025 upon first reading. PRESENTER(S):Carlie Smith, Finance Director and Jake Shipe, Budget Analyst VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 26 Mill Levy 1st.docx Mill Levy Ordinance 2026 1st.doc 17 TO: Vail Town Council FROM: Finance Department DATE: November 18, 2025 SUBJECT: Mill Levy Ordinance I. SUMMARY Authorization for the collection of property taxes in 2026. II. DISCUSSION On Tuesday evening, you will be asked to approve the attached mill levy ordinance upon first reading. This ordinance authorizes the collection of property taxes in 2026 based on 2025 assessed valuations of property within the town’s boundaries. Eagle County is responsible for assessing values and collecting property taxes on our behalf. The town is required by Colorado state law to certify the mill levy by December 15 of each year. Since two readings of an ordinance are required, we will bring the first reading on Tuesday with the second reading on December 3rd to enable us to meet the December 15 deadline. The attached ordinance is based on preliminary assessed valuations from the county (as of August 2024). The town’s base mill levy as shown in the ordinance is 4.69 mills and the abatement levy is 0.032 mills. Abatement results when a taxpayer protests an assessed valuation after the normal protest period and is refunded a portion of the tax already due or paid. The abatement mill levy allows the town to recoup the refunded amount. This abatement levy of 0.032 mills equates to an additional $2.00 per year for a $1 million home. The property tax authorized by the attached ordinance will generate $7.9 million in revenue in 2026, representing approximately 5.6% of the town’s total revenue. The projected revenue reflects a 2.8% increase compared to the 2025 forecast, primarily due to the increase in property valuations. Residential valuations increased 14.3% while commercial valuations increased 0.8% however the majority of this increase was offset by the increase in the state’s assessment rates lowering the taxable valuation of the property. Recent Property Tax Changes Between 2020 and 2024, property owners saw significant increases in property values. Several legislative bills came forward to decrease the impacts of the valuation increases on property owners. Through tax year 2025, these bills have reduced residential assessment rates from 7.15% to 6.25% and commercial rates from 29.0% to 27.0%, lowering the taxable valuations of properties. . 18 Town of Vail Page 2 House Bill 24B-1001 The most recent bill, HB 24B-1001, will permanently reduce residential assessment rates for property taxation beginning with the 2025 property tax year. It also includes a property tax growth limits for some local government entities of 10.5% over a two-year period and reduces assessment rates for many nonresidential property classes. As a home rule municipality, the revenue growth limit will not apply to the Town of Vail; however, the decrease in assessments will impact revenue collections. The following are the changes to assessment rates over the next several years: 2025 Tax Year Payable in 2026 Residential: Reduced to 6.25% (from 6.7% the prior year but from 7.15% originally). Non-residential: Reduces from 29% to 27% for most classes of non-residential property. 2026 Tax Year Payable in 2027 Residential: Increase to 6.8% unless the statewide actual growth exceeds 5%, at which point it will decrease to 6.7% and include a 10% value reduction up to $70,000. Non-residential: Reduces from 29% to 26% for most classes of non-residential property 2027 Tax Year and After Residential: Continues lower assessment rates and value reductions from 2026 adjusted for inflation. Nonresidential: Reduces from 29% to 25% . 19 Ordinance 25, Series of 2025 ORDINANCE NO. 25 SERIES OF 2025 AN ORDINANCE PROVIDING FOR THE LEVY ASSESSMENT AND COLLECTION OF TOWN AD VALOREM PROPERTY TAXES DUE FOR THE 2025 TAX YEAR AND PAYABLE IN THE 2026 FISCAL YEAR. WHEREAS, it is necessary for the Town Council to provide for the levy, assessment and collection of Town ad valorem property taxes due for the 2025 year and payable in the 2026 fiscal year. NOW, THEREFORE, be it ordained by the Town Council of the Town of Vail, Colorado, that: 1. For the purpose of defraying part of the operating and capital expenses of the Town of Vail, Colorado, during its 2026 fiscal year, the Town Council hereby levies a property tax of 4.722 mills upon each dollar of the total assessed valuation of $1,675,037,340 for the 2025 tax year of all taxable property within the Town, which will result in a gross tax levy of $7,909,526 calculated as follows: Base mill levy 4.690 $7,855,925 Abatement levy .032 _ 53,601 Total mill levy 4.722 $7,909,526 Said assessment shall be duly made by the County of Eagle, State of Colorado, as directed by the Colorado Revised Statutes (1973 as amended), and as otherwise required by law. 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 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, 20 Ordinance 25, Series of 2025 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 ON FIRST READING, APPROVED AND ORDERED PUBLISHED ONCE IN FULL, this 18th day of November, 2025. A public hearing shall be held hereon at 6 P.M. on the 2nd day of December 2025, 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: ________________________________ Russell Forrest, Town Manager 21 AGENDA ITEM NO. 7.1 Item Cover Page DATE:November 18, 2025 TIME:20 min. SUBMITTED BY:Greg Roy, Community Development ITEM TYPE:Public Hearings AGENDA SECTION:Public Hearings (6:20pm) SUBJECT:Ordinance No. 31, Series of 2025, First Reading, An Ordinance Rezoning Certain Property in West Lionshead to the Lionshead Mixed Use 2 Zone District (6:20pm) SUGGESTED ACTION:Approve, approve with amendments, or deny Ordinance No. 31, Series of 2025 upon first reading. PRESENTER(S):Heather Knight, Planner II VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Ord #31 of 2025 Staff Memo.pdf Attachment A. Ordinance No.31, Series of 2025.pdf Attachment B. West Lionshead Rezone PEC Staff Memo.pdf Attachment C. PEC25-0033 Documents.pdf Attachment D. 10-27-25 PEC Minutes.pdf West Lionshead Rezone Staff Presentation.pdf Applicant Presentation - Rezoning Application - Town Council First Reading - West Lionshead.pdf 22 TO: Town Council FROM: Community Development Department DATE: November 18, 2025 SUBJECT: First reading of Ordinance No. 31, Series of 2025, an ordinance rezoning 1000 S Frontage Rd W, Glen Lyon Subdivision, Parcel ID#2103-121-09-003 from the SDD #4 Zone District to the Lionshead Mixed Use 2 (LMU-2) Zone District; 1031 S Frontage Rd W, Parcel ID# 2103-121-00-004, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District; and, 953 S Frontage Rd W, Parcel ID# 2103-121-00-002, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District. Applicant: Vail Corp, Soho Development, and East West Partners Planner: Heather Knight I. SUMMARY The applicants, Vail Corp, Soho Development and East West Partners, are requesting a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 1000 S Frontage Rd W, Glen Lyon Subdivision, Parcel ID#2103-121-09-003 from the SDD #4 Zone District to the Lionshead Mixed Use 2 (LMU -2) Zone District; 1031 S Frontage Rd W, Parcel ID# 2103-121-00-004, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District; and, 953 S Frontage Rd W, Parcel ID# 2103-121-00- 002, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District. On October 27, 2025, the Planning and Environmental Commission (PEC) voted 6-0 to recommend approval of the proposed amendment (PEC25-0033). Please find the staff memorandum to the PEC and the minutes from the October 27, 2025 PEC meeting attached to this report. II. ACTION REQUESTED OF THE TOWN COUNCIL The Vail Town Council shall approve, approve with modifications, or deny Ordinance No. 31, Series of 2025 on first reading. III. DESCRIPTION OF REQUEST 23 Town of Vail Page 2 The following items are included for review: Attachment A. Ordinance No. 31, Series of 2025 Attachment B. PEC25-0033 Staff Memo Attachment C. PEC25-0033 Documents Attachment D. PEC Results 10-27-25 IV. BACKGROUND The parcel located at 1000 S Frontage Rd W falls within Special Development District (SDD) No. 4. SDD No. 4, Cascade Village, was adopted by Ordinance No. 4 Series of 1976. At least twenty amendments have occurred between 1977 and 2008. SDD No. 4 includes the following areas: Area A Cascade Village Area B Coldstream Condominiums Area C Glen Lyon Primary/Secondary and Single-Family Lots Area D Glen Lyon Commercial Site Area E Tract K The entire Cascade Village SDD is approximately 97.5 acres. Because the property was annexed into the Town of Vail as a Planned Unit Development under Eagle County jurisdiction and early Special Development Districts were not based on underlying zoning, there is no underlying zoning for Cascade Village. Uses and development standards for the entire property are as outlined in the adopting ordinance for Special Development District No. 4. Applying the LMU-2 zone district to this parcel and removing it from the SDD will formally quantify the allowable density and dimensional limitations allowed for future development. Applying a zone district to this area would also provide a level of certa inty and predictability to Staff and Commissions as to the limits of development for this parcel in the future and would also create consistency with surrounding adjacent Zone Districts and land uses. 1031 S Frontage Rd W and 953 S Frontage Rd W are currently zoned as the Arterial Business (ABD) Zone District. The Vail Resorts Maintenance Shop was annexed into the Town of Vail by Ordinance No. 8, Series of 1969. The Holy Cross Lot, Vail Professional Building, Cascade Crossing and former gas station sites that comprise the remainder of the ABD district sites were annexed into the Town in 1975 with Ordinance No. 26, Series of 1975. The Arterial Business District is intended to provide sites for office space, public utilities, service stations, limited light industry having no adverse environmental impacts that provides significant on-site tourist amenities and limited shopping and commercial facilities serving the town and Upper Eagle Valley residents and guests. Residential uses are not permitted in this district zone, nor are they considered a conditional use. Therefore, it is beneficial to the Lionshead 24 Town of Vail Page 3 Redevelopment Master Plan that rezoning these two properties to the LMU -2 zone district provides opportunities for multi-family residential and accommodation units (as these uses are permitted on the second floor and above). In addition, a wider variety of tourist-related and resident-related uses are permitted under the LMU-2 zone district than in the ABD zone district. Beginning in 2006, the Planning and Environmental Commission forwarded recommendations to the Lionshead Redevelopment Master Plan to include all three of the above-mentioned parcels within the Master Plan boundaries. Further amendments were also made to the Master Plan regarding this area, first known as Ever Vail and most recently as West Lionshead. Further, Ordinance No. 7, Series of 2011, approved by the Vail Town Council in 2012, authorized the rezoning of the subject parcels to the LMU-2 zoning district. A condition of this rezoning approval was the relocation of the frontage road within a specified time frame. Since the required relocation of the frontage road did not occur within that period, the rezoning never became effective, and the ordinance has since expired. On October 27, 2025, the current application was presented to the PEC where the PEC forwarded a unanimous recommendation of approval to the Town Council (6-0). V. RECOMMENDED MOTION Please see the attached Staff Report from the October 27, 2025 PEC meeting for analysis of the review criteria for this rezoning application. Should the Vail Town Council choose to approve Ordinance No. 31, Series of 2025, on first reading, staff recommends the Council pass the following motion: “The Vail Town Council approves, on first reading, Ordinance No. 31, Series of 2025, an ordinance rezoning 1000 S Frontage Rd W from the SDD #4 Zone District to the Lionshead Mixed Use 2 (LMU-2) Zone District; 1031 and 953 S Frontage Rd W from the Arterial Business (ABD) Zone District to the LMU-2 Zone District; parcel legal descriptions noted on Exhibit A of Ordinance No. 31, Series of 2025.” Should the Vail Town Council choose to approve Ordinance No. 31 Series of 2025, staff recommends the Council make the following findings: “The Vail Town Council finds:” 1. That the amendment is consistent with the applicable elements of the adopted goals, objectives and policies outlined in the Vail comprehensive plan and is compatible with the development objectives of the town; and 2. That the amendment furthers the general and specific purposes of the zoning 25 Town of Vail Page 4 regulations; and 3. That the amendment promotes the health, safety, morals, and general welfare of the town and promotes the coordinated and harmonious development of the town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality.” Vl. ATTACHMENTS Attachment A. Ordinance No. 31, Series of 2025 Attachment B. PEC25-0033 Staff Memo Attachment C. PEC25-0033 Documents Attachment D. PEC Results 10-27-25 26 1 11/12/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/HKNIGHT_VAIL_GOV/DOCUMENTS/PEC/WEST LIONSHEAD/ORDINANCE NO.31, SERIES OF 2025.DOCX ORDINANCE NO. 31 SERIES OF 2025 AN ORDINANCE REZONING CERTAIN PROPERTY IN WEST LIONSHEAD TO THE LIONSHEAD MIXED USE 2 ZONE DISTRICT WHEREAS, Soho Development and the Vail Corporation (the "Owners") own the real property more particularly described in Exhibit A, attached hereto and incorporated herein by this reference (the "Property"); WHEREAS, on September 22, 2025, on behalf of the Owner, East West Partners (the "Applicant") filed an application to rezone the Property to the Lionshead Mixed Use 2 Zone District (the "Application"); WHEREAS, Section 12-3-7 of the Vail Town Code sets forth the procedures for rezoning; WHEREAS, on October 27, 2025, the Planning and Environmental Commission (the "PEC") held a properly-noticed public hearing on the Application, and recommended that the Town Council approve the Application; and WHEREAS, on November 18, 2025, the Town Council held a properly-noticed public hearing on the Application. NOW, THEREFORE BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO THAT: Section 1. The Town Council, upon reviewing the recommendation of the Planning Commission, hearing the statements of Town staff, the Applicant and the public, and giving due consideration to the matter, finds and determines as follows: a. The rezoning is consistent with the applicable elements of the adopted goals, objectives and policies outlined in the Vail Comprehensive Plan and is compatible with the development objectives of the Town; b. The rezoning is compatible with and suitable to adjacent uses and appropriate for the surrounding areas; and c. The rezoning promotes the health, safety, morals, and general welfare of the Town and promote the coordinated and harmonious development of the Town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality. Section 2. Based on the foregoing findings, the Town Council hereby approves the Application and rezones the Property to the Lionshead Mixed Use 2 (LMU-2) Zone District. 27 2 11/12/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/HKNIGHT_VAIL_GOV/DOCUMENTS/PEC/WEST LIONSHEAD/ORDINANCE NO.31, SERIES OF 2025.DOCX Section 3. 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 4. 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 5. The amendment of any provision of the 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. Section 6. 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 18th day of November, 2025, and a public hearing for second reading of this Ordinance set for the 2nd day of December, 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 2nd day of December, 2025. _____________________________ ___, Mayor ATTEST: ____________________________ Stephanie Kauffman, Town Clerk 28 3 11/12/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/HKNIGHT_VAIL_GOV/DOCUMENTS/PEC/WEST LIONSHEAD/ORDINANCE NO.31, SERIES OF 2025.DOCX EXHIBIT A Legal Description • 1000 South Frontage Road West, Vail, CO – Eagle County Assessor's Parcel ID#2103-121-09-003 • 1031 South Frontage Road West, Vail, CO – Eagle County Assessor's Parcel ID# 2103-121-00-004 • 953 South Frontage Road West – Eagle County Assessor's Parcel ID# 2103-121- 00-002 29 TO: Planning and Environmental Commission FROM: Community Development Department DATE: October 27, 2025 SUBJECT: A request for a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 1000 S Frontage Rd W, Glen Lyon Subdivision, Parcel ID#2103-121-09-003 from the SDD #4 Zone District to the Lionshead Mixed Use 2 (LMU-2) Zone District; 1031 S Frontage Rd W, Parcel ID# 2103- 121-00-004, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District; and, 953 S Frontage Rd W, Parcel ID# 2103-121-00-002, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District. (PEC25-0033). Applicant: Vail Corp, Soho Development, and East West Partners Planner: Heather Knight I. SUMMARY The applicants, Vail Corp, Soho Development and East West Partners , are requesting a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 1000 S Frontage Rd W, Glen Lyon Subdivision, Parcel ID#2103 -121-09-003 from the SDD #4 Zone District to the Lionshead Mixed Use 2 (LMU-2) Zone District; 1031 S Frontage Rd W, Parcel ID# 2103-121-00-004, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District; and, 953 S Frontage Rd W, Parcel ID# 2103 -121-00-002, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District. Based upon staff’s review of the criteria outlined in Section VI II of this memorandum and the evidence and testimony presented, the Community Development Department recommends the Planning and Environmental Commission forward a recommendation of approval to the Vail Town Council. II. DESCRIPTION OF REQUEST The applicants, Vail Corp, Soho Development and East West Partners , are requesting a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 1000 30 Town of Vail Page 2 S Frontage Rd W, Glen Lyon Subdivision, Parcel ID#2103 -121-09-003 from the SDD #4 Zone District to the Lionshead Mixed Use 2 (LMU-2) Zone District; 1031 S Frontage Rd W, Parcel ID# 2103-121-00-004, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District; and, 953 S Frontage Rd W, Parcel ID# 2103 -121-00-002, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District. The following items are included for review: A. Vicinity Map B. Applicant narrative and supporting documents III. BACKGROUND The parcel located at 1000 S Frontage Rd W falls within Special Development District (SDD) No. 4. SDD No. 4, Cascade Village, was adopted by Ordinance No. 4 Series of 1976. At least twenty amendments have occurred between 1977 and 2008. SDD No. 4 includes the following areas: Area A Cascade Village Area B Coldstream Condominiums 31 Town of Vail Page 3 Area C Glen Lyon Primary/Secondary and Single-Family Lots Area D Glen Lyon Commercial Site Area E Tract K The entire Cascade Village SDD is approximately 97.5 acres. Because the property was annexed into the Town of Vail as a Planned Unit Development under Eagle County jurisdiction and early Special Development Districts were not based on underlying zoning, there is no underlying zoning for Cascade Village. Uses and development standards for the entire property are as outlined in the adopting ordinance for Special Development District No. 4. Applying the LMU-2 zone district to this parcel and removing it from the SDD will formally quantify the allowable density and dimensional limitations allowed for future development. Applying a zone district to this area would also provide a level of certainty and predictab ility to Staff and Commissions as to the limits of development for this parcel in the future and would also create consistency with surrounding adjacent Zone Districts and land uses. 1031 S Frontage Rd W and 953 S Frontage Rd W are currently zoned as the Arterial Business (ABD) Zone District. The Vail Resorts Maintenance Shop was annexed into the Town of Vail by Ordinance No. 8, Series of 1969. The Holy Cross Lot, Vail Professional Building, Cascade Crossing and former gas station sites that comprise the remainder of the ABD district sites were annexed into the Town in 1975 with Ordinance No. 26, Series of 1975. The Arterial Business District is intended to provide sites for office space, public utilities, service stations, limited light industry having no adverse environmental impacts that provides significant on-site tourist amenities and limited shopping and commercial facilities serving the town and Upper Eagle Valley residents and guests . Residential uses are not permitted in this district zone, nor are they considered a conditional use. Therefore, it is beneficial to the Lionshead Redevelopment Master Plan that rezoning these two properties to the LMU-2 zone district provides opportunities for multi-family residential and accommodation units (as these uses are permitted on the second floor and above ). In addition, a wider variety of tourist-related and resident-related uses are permitted under the LMU-2 zone district than in the ABD zone district. Beginning in 2006, the Planning and Environmental Commission forwarded recommendations to the Lionshead Redevelopment Master Plan to include all three of the above-mentioned parcels within the Master Plan boundaries. Further amendments were also made to the Master Plan regarding this area, first known as Ever Vail and most recently as West Lionshead. Further, Ordinance No. 7, Series of 2011, approved by the Vail Town Council in 2012, authorized the rezoning of the subject parcels to the LMU-2 zoning district. A condition of this rezoning approval was the relocation of the frontage road within a specified time f rame. Since the required relocation of the frontage road did not occur within that period, the rezoning never became effective, and the ordinance has since expired. IV. ZONING ANALYSIS 32 Town of Vail Page 4 Address: 1000 S Frontage Road W, 1031 S Frontage Road W, 953 S Frontage Road W Legal Description: Glen Lyon Subdivision, Parcel ID#2103-121-09-003, Parcel ID# 2103-121-00-004, and Parcel ID# 2103- 121-00-002 Existing Zoning: SDD No. 4 and Arterial Business District (ABD) Proposed Zoning: Lionshead Mixed Use 2 (LMU-2) Existing Land Use Designation: Lionshead Redevelopment Master Plan Mapped Geological Hazards: FEMA Hazard (floodplain), in part SURROUNDING LAND USES AND ZONING Existing Land Use Zoning District North: I-70 Not zoned (CDOT) East: Vail Resorts Maintenance Bldg Lionshead Mixed Use 2 Vail Mountain Administration parking Lionshead Mixed Use 2 South: Town of Vail Stream Tract Not zoned West: CDOT right of way Not zoned Standard Arterial Business District Proposed Lionshead Mixed Use 2 district Setbacks Adjacent to frontage road - a maximum of 60% of the length of the setback may be kept to the minimum 15 foot distance from the property line. The remaining 40% of the length of the setback shall be 20 feet or more distant from the property line. Side – 15’ where bldg. height is less than 20’; 20’ where bldg. height is over 20’ Rear – 10’ Front – 10’ Side – 10’ Rear – 10’ Unless otherwise specified in the Lionshead Redevelopment Master Plan as a build-to line Maximum Height No more than 70% of the roof area may exceed 32’ and none of the area may exceed 40’ Maximum average building height of 71 feet with a maximum height of 82.5 feet, as further defined by the Lionshead Redevelopment Master Plan. Density 60 sf of GRFA per 100 sf of buildable site area 35 dwelling units/acre GRFA None permitted 250 sf of GRFA for each 100 sf of buildable site area 33 Town of Vail Page 5 Site Coverage maximum 60% of site area 70% of site area Commercial Floor Area Not more than seventy five one-hundredths floor area ratio (FAR) shall be permitted on any site or lot. Unlimited Minimum Landscaping 25% of the site area 20% of the site area Parking Per 12-10-10; No drives, parking or loading areas are permitted in the front setback except for the ingress and egress drive. Per 12-10-10; at least 50% of required parking shall be located within the main building V. APPLICABLE PLANNING DOCUMENTS Staff believes that following provisions of the Vail Town Code and Vail Land Use Plan are relevant to the review of this proposal: Title 12, Zoning Regulations, Vail Town Code CHAPTER 12-1, TITLE, PURPOSE AND APPLICABILITY (in part) Section 12-1-2: Purpose: A. General: These regulations are enacted for the purpose of promoting the health, safety, morals, and general welfare of the Town, and to promote the coordinated and harmonious development of the Town in a manner that will conserve and enhance its natural environment and its established character as a resort and residential community of high quality. B. Specific: These regulations are intended to achieve the following more specific purposes: 1. To provide for adequate light, air, sanitation, drainage, and public facilities. 2. To secure safety from fire, panic, flood, avalanche, accumulation of snow, and other dangerous conditions. 3. To promote safe and efficient pedestrian and vehicular traffic circulation and to lessen congestion in the streets. 4. To promote adequate and appropriately located off -street parking and loading facilities. 5. To conserve and maintain established community qualities and economic values. 6. To encourage a harmonious, convenient, workable relationship among land uses, consistent with Municipal development objectives. 7. To prevent excessive population densities and overcrowding of the land with structures. 8. To safeguard and enhance the appearance of the Town. 9. To conserve and protect wildlife, streams, woods, hillsides, and other desirable natural features. 10. To assure adequate open space, recreation opportunities, and other amenities and facilities conducive to desired living quarters. 34 Town of Vail Page 6 11. To otherwise provide for the growth of an orderly and viable community. Arterial Business District (ABD) Zone District Lionshead Mixed Use 2 (LMU-2) Zone District Title 12, Article 7F: Arterial Business District (ABD) 12-7F-3 PERMITTED USES The following uses shall be permitted in the Arterial Business District: (A) Eating and drinking establishments, as follows, are permitted on the first (street) level: (1) Cocktail lounges and bars; and (2) Coffee shops, fountains, sandwich shops and restaurant. (B) Employee housing units, as further regulated by Chapter 13 of this title; (C) Personal services and repair shops, as follows, are deemed to be generally accessory and/or supportive of office uses and shall be permitted on the first (street) level: (1) Beauty and barber shops; (2) Shoe repair; (3) Tailors and dressmakers; and (4) Travel and ticket agencies. (D) Professional offices, business offices and studios; (E) Radio and television broadcasting studios; (F) Retail stores and establishments, as follows, are deemed to be generally accessory and/or supportive of office uses and are therefore permitted so long as they do not exceed 8,000 square feet in floor area for each such business use and so long as they are located on the first (street) level: (1) Art supply stores; (2) Bookstores; (3) Drugstores; (4) Florists; (5) Newsstands; (6) Stationery stores; and (7) Tobacco stores. (G) Additional offices, businesses or services determined to be similar to permitted uses in accordance with the provisions of § 12-7F-1 of this article. 12-7F-4 CONDITIONAL USES (A) Enumerated. The following conditional uses shall be permitted in the Arterial Business District, subject to the issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (1) Any use permitted by § 12-7F-3 of this article, which is not conducted entirely within a building; (2) Bed and breakfasts, as further provided by § 12-14-18 of this title; (3) Brewpubs; (4) Child daycare centers; (5) Communications antennas and appurtenant equipment; 35 Town of Vail Page 7 (6) Microbreweries; (7) Private unstructured parking; (8) Public buildings, grounds and facilities; (9) Public park and recreation facilities; (10) Public utility and public service uses, including screened outside storage; (11) Service yards; and (12) Transportation businesses. Title 12, Article 7I: Lionshead Mixed Use 2 (LMU-2) district 12-7I-2 PERMITTED AND CONDITIONAL USES; BASEMENT OR GARDEN LEVEL. (A) Permitted uses. The following uses shall be permitted in basement or garden levels within a structure: (1) Banks and financial institutions; (2) Child daycare centers; (3) Commercial ski storage/ski club; (4) Eating and drinking establishments; (5) Employee housing units, as further regulated by Chapter 13 of this title; (6) Personal services and repair shops; (7) Professional offices, business offices and studios; (8) Public or private lockers and storage; (9) Recreation facilities; (10) Retail establishments; (11) Skier ticketing, ski school and skier services; (12) Travel and ticket agencies; and (13) Additional uses determined to be similar to permitted uses described in this subsection (A), in accordance with the provisions of § 12 -3-4 of this title. (B) Conditional uses. The following uses shall be permitted in basement or garden levels within a structure, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (1) Conference facilities and meeting rooms; (2) Electronics sales and repair shops; (3) Liquor stores; (4) Lodges and accommodation units; (5) Major arcades; (6) Multiple-family residential dwelling units, timeshare units, fractional fee clubs, and lodge dwelling units; (7) Religious institutions; (8) Theaters; and (9) Additional uses determined to be similar to conditional uses described in this subsection (B), in accordance with the provisions of § 12 -3-4 of this title. 12-7I-3 PERMITTED AND CONDITIONAL USES; FIRST FLOOR OR STREET LEVEL. (A) Permitted uses. The following uses shall be permitted on the first floor or street level within a structure: (1) Banks, with walk-up teller facilities; 36 Town of Vail Page 8 (2) Child daycare centers; (3) Eating and drinking establishments; (4) Employee housing units, as further regulated by Chapter 13 of this title; (5) Recreation facilities; (6) Retail stores and establishments; (7) Skier ticketing, ski school and skier services; (8) Travel and ticket agencies; and (9) Additional uses determined to be similar to permitted uses described in this subsection (A), in accordance with the provisions of § 12 -3-4 of this title. (B) Conditional uses. The following uses shall be permitted on the first floor or street level floor within a structure, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (1) Beauty and barber shops; (2) Conference facilities and meeting rooms; (3) Electronics sales and repair shops; (4) Financial institutions, other than banks; (5) Liquor stores; (6) Lodges and accommodation units; (7) Multiple-family residential dwelling units, timeshare units, fractional fee clubs, and lodge dwelling units; (8) Religious institutions; and (9) Additional uses determined to be similar to conditional uses described in this subsection (B), in accordance with the provisions of § 12 -3-4 of this title. 12-7I-4 PERMITTED AND CONDITIONAL USES; SECOND FLOOR AND ABOVE. (A) Permitted uses. The following uses shall be permitted on those floors above the first floor within a structure: (1) Employee housing units, as further regulated by Chapter 13 of this title; (2) Lodges and accommodation units; (3) Multiple-family residential dwelling units, lodge dwelling units; and (4) Additional uses determined to be similar to permitted uses described in this subsection (A), in accordance with the provisions of § 12 -3-4 of this title. (B) Conditional uses. The following uses shall be permitted on second floors and higher above grade, subject to the issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (1) Banks and financial institutions; (2) Child daycare centers; (3) Conference facilities and meeting rooms; (4) Eating and drinking establishments; (5) Electronics sales and repair shops; (6) Liquor stores; (7) Personal services and repair shops; (8) Professional offices, business offices and studios; (9) Recreation facilities; (10) Religious institutions; (11) Retail establishments; 37 Town of Vail Page 9 (12) Skier ticketing, ski school and skier services; (13) Theaters; (14) Timeshare units and fractional fee clubs; and (15) Additional uses determined to be similar to conditional uses described in this subsection (B), in accordance with the provisions of § 12 -3-4 of this title. 12-7I-5 CONDITIONAL USES; GENERALLY (ON ALL LEVELS OF A BUILDING OR OUTSIDE OF A BUILDING). The following conditional uses shall be permitted, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (A) Automotive service stations; (B) Bed and breakfasts, as further regulated by § 12 -14-18 of this title; (C) Brewpubs; (D) Child daycare centers; (E) Commercial storage; (F) Communications antennas and appurtenant equipment; (G) Laundromats; (H) Private outdoor recreation facilities, as a primary use; (I) Public buildings, grounds and facilities; (J) Public or private parking lots; (K) Public parks and recreation facilities; (L) Public utility and public service uses; (M) Ski lifts and tows; (N) Television stations; (O) Vehicle maintenance, service, repair, storage and fueling; (P) Warehouses; and (Q) Additional uses determined to be similar to conditional uses described in this section, in accordance with the provisions of 12-3-4 of this title. 12-7I-6 ACCESSORY USES. The following accessory uses shall be permitted in the Lionshead Mixed Use 2 District: (A) Home occupations, subject to issuance of a home occupation permit in accordance with the provisions of § 12-14-12 of this title; (B) Loading and delivery and parking facilities customarily incidental and accessory to permitted and conditional uses; (C) Minor arcades; (D) Offices, lobbies, laundry, and other facilities customarily incidental and accessory to hotels, lodges and multiple-family uses; (E) Outdoor dining decks and patios; (F) Swimming pools, tennis courts, patios or other recreation facilities customarily incidental to permitted residential or lodge uses; and (G) Other uses customarily incidental and accessory to permitted or conditional uses, and necessary for the operation thereof. Vail Land Use Plan 38 Town of Vail Page 10 1. General Growth / Development 1.1. Vail should continue to grow in a controlled environment, maintaining a balance between residential, commercial and recreational uses to serve both the visitor and the permanent resident. 2. Skier /Tourist Concerns 2.1. The community should emphasize its role as a destination resort while accommodating day visitors. 2.2. The ski area owner, the business community and the Town leaders should work together closely to make existing facilities and the Town function more efficiently. 2.3. The ski area owner, the business community and the Town leaders should work together to improve facilities for day skiers. 2.4. The community should improve summer recreational options to improve year -round tourism. 2.5. The community should improve non-skier recreational options to improve year-round tourism. 2.8. Day skier needs for parking and access should be accommodated through creative solutions such as: a. Increase busing from out of town. b. Expanded points of access to the mountain by adding additional base portals. c. Continuing to provide temporary surface parking. d. Addition of structured parking. 3. Commercial 3.2 The Village and Lionshead areas are the best location for hotels to serve the future needs of destination skiers 3.3 Hotels are important to the continued success of the Town of Vail, therefore conversion to condominiums should be discouraged. 3.4 Commercial growth should be concentrated in existing commercial areas to accommodate both local and visitor needs. 3.5. Entertainment oriented business and cultural activities should be encouraged in the core areas to create diversity. More night-time businesses, on-going events and sanctioned “street happenings” should be encouraged. 4. Village Core / Lionshead 39 Town of Vail Page 11 4.1. Future commercial development should continue to occur primarily in existing commercial areas. Future commercial development in the Core areas needs to be carefully controlled to facilitate access and delivery. 4.3. The ambiance of the Village is important to the identity of Vail and should be preserved. (Scale, alpine character, small town feeling, mountains, natural settings, intimate size, cosmopolitan feeling, environmental quality.) 4.4. The connection between the Village Core and Lionshead should be enhanced through: a. Installation of a new type of people mover. b. Improving the pedestrian system with a creatively designed connection, oriented toward a nature walk, alpine garden, and/or sculpture plaza. c. New development should be controlled to limit commercial uses. 5. Residential 5.1. Additional residential growth should continue to occur primarily in existing, platted areas and as appropriate in new areas where high hazards do not exist. 5.2. Quality time share units should be accommodated to help keep occupancy rates up. 5.3. Affordable employee housing should be made available through private efforts, assisted by limited incentives, provided by the Town of Vail, with appropriate restrictions. 5.4. Residential growth should keep pace with the market place demands for a full range of housing types. Lionshead Redevelopment Master Plan 4.1.5 West Lionshead - Residential/ Mixed-Use Hub 4.3 Connections to the Natural Environment One of the outstanding characteristics of Vail Village is its spectacular visual connection to Vail Mountain, particularly the protected view corridors up Bridge Street from the village parking structure and toward the Gore Range from East Meadow Drive. Over the years the village has also strengthened its physical connections to the natural environment by improving creek side parks and trails and by integrating landscape into the built environment at every opportunity. Lionshead has no similarly strong connection to the natural environment even though it is situated even closer to the base of the mountain . 4.6.2 South Frontage Road 4.6.2.1 Potential Realignment 5.17 West Lionshead Project 40 Town of Vail Page 12 This Section was amended and approved by the Vail Town Council at the September 2, 2025 town council meeting as Resolution No. 36, Series of 2025. See Attachment C for full amendment of this section of the Lionshead Redevelopment Master Plan. West Lionshead is an approximately 13-acre site, bordered by I-70 on the north, Gore Creek on the south, and Lionshead Village on the east. Red Sandstone Creek bifurcates the site, running north-south before joining Gore Creek. West Lionshead currently includes the Vail Resorts Maintenance Facility, the Vail Professional building, Cascade Crossings, and the Vail Resorts Administrative Office building. The South Frontage Road currently runs east-west across the southern portion of the site. The Eagle River Water and Sanitation District (“ERWSD”) is adjacent to West Lionshead. The subject property is divided into six parcels, all of which should be zoned Lionshead Mixed Use 2 District. VI. CRITERIA FOR REVIEW Zone District Boundary Amendment 1. The extent to which the zone district amendment is consistent with all the applicable elements of the adopted goals, objectives and policies outlined in the Vail comprehensive plan and is compatible with the development objectives of the town. The proposed zone district boundary amendment provides a path forward for the site to develop in alignment with the specific goal of zoning regulations to “provide for the growth of an orderly and viable community”. The comprehensive plan also looks to increase the commercial development in the area. With the site unable to develop with residential or lodging components under the current zoning, the proposed zoning would allow for these uses as well as align these sites with others in the vicinity. The proposed zoning is also in line with the recent Lionshead Redevelopment Master Plan amendment that was reviewed and recommended for approval by the PEC. Staff finds this criterion to be met. 2. The extent to which the zone district amendment is suitable with the existing and potential land uses on the site and existing and potential surrounding land uses as set out in the town's adopted planning documents. The entirety of Lionshead is zoned either Lionshead Mixed Use 1 (LMU-1) or Lionshead Mixed Use 2 (LMU-2) and rezoning these sites to LMU-2 further adds to the overall continuity of Lionshead area. The underlying land use of the subject sites is Lionshead Redevelopment Master Plan, also consistent with the surrounding land uses within Lionshead. As seen in the vicinity map there are no immediately adjacent properties to the west . The closest property in that direction is the Lift House development, part of the Cascade 41 Town of Vail Page 13 development. Immediately to the east are the properties zoned LMU-2, providing a suitable zoning change for the subject lots. Staff finds this criterion to be met. 3. The extent to which the zone district amendment presents a harmonious, convenient, w orkable relationship among land uses consistent with municipal development objectives. The entirety of Lionshead is zoned either Lionshead Mixed Use 1 (LMU -1) or Lionshead Mixed Use 2 (LMU-2) and rezoning these sites to LMU-2 further adds to the overall continuity of Lionshead area. The underlying land use of the subject sites is Lionshead Redevelopment Master Plan, also consistent with the surrounding land uses within Lionshead. The comprehensive plan also looks to increase the commercial development and vitality in the area. With the site unable to develop with residential or lodging components under the current zoning, the proposed zoning would allow for these uses as well as align these sites with others in the vicinity. Staff finds this criterion to be met. 4. The extent to which the zone district amendment provides for the growth of an orderly viable community and does not constitute spot zoning as the amendment serves the best interests of the community as a whole. This zoning amendment does not result in the granting of privilege is consistent with the Vail Comprehensive Plan, a test for determining spot zoning. The land use for this parcel is Lionshead Redevelopment Master Plan (LRMP), which is also part of the comprehensive plan. As noted earlier in this staff report there are several specific goals from the Lionshead Redevelopment Master Plan that are applicable to this area. Further, the Lionshead Redevelopment Master Plan was amended by Resolution No. 36, Series of 2025 to specifically align the LRMP. Staff finds this criterion to be met. 5. The extent to which the zone district amendment results in adverse or beneficial impacts on the natural environment, including, but not limited to, water quality, air quality, noise, vegetation, riparian corridors, hillsides and other desirable natural features. The site of the proposed zone district boundary amendment is within a fully developed area with little natural environment. The current uses on the sites are office spaces, parking lots and maintenance shops. The height, site coverage, and landscaping requirements should not produce a development product that is detrimental to the items listed in this criterion. Future development on the parcel will be required to adhere to all applicable environmental standards during development review, construction, and operation . 42 Town of Vail Page 14 Staff finds this criterion to be met. 6. The extent to which the zone district amendment is consistent with the purpose statement of the proposed zone district. The purpose statement for the proposed zone district is noted below: (A) The Lionshead Mixed Use 2 District is intended to provide sites for a mixture of multiple-family dwellings, lodges, hotels, fractional fee clubs, timeshares, lodge dwelling units, restaurants, offices, skier services, light industrial activities and commercial establishments in a clustered, unified development. Lionshead Mixed Use 2 District, in accordance with the Lionshead Redevelopment Master Plan, is intended to ensure adequate light, air, open space and other amenities appropriate to the permitted type s of buildings and uses and to maintain the desirable qualities of the zone district by establishing appropriate site development standards. This zone district is meant to encourage and provide incentives for redevelopment in accordance with the Lionshead Redevelopment Master Plan. (B) This zone district was specifically developed to provide incentives for properties to redevelop. The ultimate goal of these incentives is to create an economically vibrant lodging, housing and commercial core area. The incentives in this zone district incl ude increases in allowable gross residential floor area, building height, and density over the previously established zoning in the Lionshead Redevelopment Master Plan study area. The primary goal of the incentives is to create economic conditions favorable to inducing private redevelopment consistent with the Lionshead Redevelopment Master Plan. Additionally, the incentives are created to help finance public, off site, improvements adjacent to redevelopment projects. Public amenities which will be evaluated with redevelopment proposals taking advantage of the incentives created herein may include: streetscape improvements; pedestrian/bicycle access; public plaza redevelopment; public art; roadway improvements; and similar improvements. The site is appropriate for the LMU-2 zone district, as noted in the purpose statement listed above. Staff finds this criterion to be met. 7. The extent to which the zone district amendment demonstrates how conditions have changed since the zoning designation of the subject property was adopted and is no longer appropriate. As noted earlier in the report, this one parcel was originally developed under SDD No. 4, with no underlying zoning. The other two parcels were developed under the Arterial Business District zoning. Future development on these parcels would meet the goals of the Lionshead Redevelopment Master Plan, which includes residential, lodging and commercial development that benefits both the visitor and permanent resident alike. The 43 Town of Vail Page 15 LMU-2 zone district would align the property with the underlying land use as well as the adjacent sites in the Lionshead area. Staff finds this criterion to be met. 8. Such other factors and criteria as the commission and/or council deem applicable to the proposed rezoning. VII. STAFF RECOMMENDATION Based upon the review of the criteria outlined in Section Vl of this memorandum and the evidence and testimony presented, the Community Development Department recommends the Planning and Environmental Commission forwards a recommendation of approval to the Vail Town Council for a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12 -3-7, Amendment, Vail Town Code, to allow for the rezoning of 1000 S Frontage Rd W, Glen Lyon Subdivision, Parcel ID#2103 -121- 09-003 from the SDD #4 Zone District to the Lionshead Mixed Use 2 (LMU-2) Zone District; 1031 S Frontage Rd W, Parcel ID# 2103 -121-00-004, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District; and, 953 S Frontage Rd W, Parcel ID# 2103-121- 00-002, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District. Should the Planning and Environmental Commission choose to recommend approval of this request, the Community Development Department recommends the Commission pass the following motion: “The Planning and Environmental Commission recommends approval to the Vail Town Council for a for a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 1000 S Frontage Rd W from the SDD #4 Zone District to the Lionshead Mixed Use 2 (LMU-2) Zone District; 1031 and 953 S Frontage Rd W from the Arterial Business (ABD) Zone District to the LMU-2 Zone District; parcel legal descriptions noted on page 1 of the staff report.” (PEC25-0033) Should the Planning and Environmental Commission choose to recommend approval, of this request, the Community Development Department recommends the Commission make the following findings: 1. That the amendment is consistent with the adopted goals, objectives and policies outlined in the Vail Comprehensive Plan and compatible with the development objectives of the town; 2. That the amendment is compatible with and suitable to adjacent uses and appropriate for the surrounding areas; and 3. That the amendment promotes the health, safety, morals and general welfare of the town and promotes the coordinated and harmonious development of the town 44 Town of Vail Page 16 in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality. 4. That the amendment is consistent with the applicable elements of the adopted goals, objectives and policies outlined in the Vail Comprehensive Plan and is compatible with the development objectives of the town; 5. That the amendment furthers the general and specific purposes of the zoning regulations; and 6. That the amendment promotes the health, safety, morals and general welfare of the town and promotes the coordinated and harmonious development of the town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality. X. ATTACHMENTS A. Vicinity Map B. Applicant narrative, dated September 2025 C. Resolution No. 36, Series of 2025 45 West Lionshead 953, 1000, & 1031 South Frontage Road W Vail, CO 81657 Zone Code Amendment Application September 2025 46 Table of Contents 1. Application Contents 3 2. Introduction & Background 5 3. Criteria for Rezoning 7 4. Exhibits 10 47 1. Application Contents a) Name and address of the owner and/or applicant and a statement that the applicant, if not the owner, has the permission of the owner to make application and act as agent for the owner; i. Ownership Soho Development, LLC (953 & 1031 S Frontage Road W) & Vail Corp (1000 S Frontage Road W) Gabrielle Lerner 917-882-6303 Gabrielle.lerner@vailresorts.com Melissa Sherburne 970-222-3983 melissa.r.sherburne@vailresorts.com ii. Development Partner (Applicant) East West Partners Jim Telling 970-343-0073 Jtelling@ewpartners.com Kevin Murphy 720-839-6153 Kmurphy@ewpartners.com iii. A letter of authorization has been provided as Exhibit A – Letter of Authorization. b) Legal description, street address, and other identifying data concerning the site; i. Title commitments for each of the three parcels including the legal description, street address and other identifying data has been provided as Exhibit B – Title Commitment c) Preliminary building plans and elevations sufficient to indicate the dimensions, general appearance, scale and interior plan of all buildings; i. There is no new development brought forth with this application; the building plan and elevations will remain as they currently exist. 48 d) A list of the owner or owners of record of the properties adjacent to the subject property which is subject of the hearing; provided, however, notification of owners within a condominium project shall be satisfied by notifying the managing agent, or the registered agent of the condominium project, or any member of the board of directors of a condominium association. The list of owners, managing agent of the condominium project, registered agent or members of the board of directors, as appropriate, shall include the names of the individuals, their mailing addresses and the general description of the property owned or managed by each. Accompanying the list shall be stamped, addressed envelopes to each individual or agent to be notified to be used for the mailing of the notice of hearing. It will be the applicant’s responsibility to provide this information and stamped, addressed envelopes. Notice to the adjacent property owners shall be mailed first class, postage prepaid; and i. A list of adjacent property owners has been provided as Exhibit D – Adjacent Property Owners e) If the property is owned in common (condominium association) and/or located within a development lot, the written approval of the other property owner, owners or applicable owners’ association shall be required. This can be either in the form of a letter of approval or signature on the application. i. The property is wholly owned by Vail Corp and Soho Development, LLC (a subsidiary of Vail Corp), however, a Letter of Authorization has been provided as Exhibit A – Letter of Authorization. 49 2. Introduction & Background Vail Corp and Soho Development, LLC are the owners of the three subject parcels located at 953 South Frontage Road West (Vail Professional Building), 1000 South Frontage Road West (Glen Lyon Building), and 1031 South Frontage Road West (Cascade Crossing) in Vail, Colorado. Vail Corp, Soho Development, and East West Partners (“Applicant”) are submitting this application to the Town of Vail’s Community Development department to facilitate a Zone Code Amendment from the existing, underlying, Arterial Business District (ABD) zoning and Special Design District #4 (SDD #4) zoning to Lionshead Mixed Use 2 (LMU 2) zoning. This application for a zone code amendment is the next step, after the Town Council approval of the Lionshead Redevelopment Master Plan Amendment on September 16th, 2025, towards entitlements to redevelop West Lionshead. The general entitlement process forward is detailed in the following exhibit: Vail Corp and Soho Development, LLC. are the owners of the six parcels that make up the area known as West Lionshead (formerly Ever Vail). Three of the six parcels are zoned Lionshead Mixed Use 2 and the remaining three parcels are zoned Arterial Business District or Special Design District #4. In keeping with the vision stated in the amended Lionshead Redevelopment Master Plan (and the former versions of the Lionshead Redevelopment Master Plan) the West Lionshead area “should be zoned Lionshead Mixed Use 2” and this application for a zone code amendment will accomplish said rezoning. After the rezoning applications review and approval, it is anticipated that the Applicant will establish a Preliminary Development Agreement amongst the partnership and subsequently submit a two additional, and related, applications. The first a subdivision application to realign the South Frontage Road that, in its current alignment, bifurcates the site and the second a rezoning application to apply zoning to the newly subdivided parcels. Lastly the Applicant will be submitting project specific Major Exterior Alteration applications, and development agreements, likely by phase for each of the projects to be constructed within West Lionshead. Vail Corp, Soho Development, LLC, and East West Partners are requesting that the site’s existing zoning is modified from Arterial Business District (ABD) and Special Design District #4 (SDD #4) zoning to Lionshead Mixed Use 2 (LMU 2) zoning to properly conform with the existing uses on the site and are intended to exist on the site upon any redevelopment of the site. Specifically, the Applicant requests that the Planning and Environmental Commission 50 forward a recommendation of approval to the Vail Town Council to rezone parcel numbers 2103-121-00-002 and 2103-121-00-004 from Arterial Business District (ABD) and parcel number 2103-121-09-003 from Special Design District #4 zoning to Lionshead Mixed Use 2 zoning. There is no proposed change in existing use or design brought forth by this Zone District Amendment Application, rather the application, establishes the framework for subsequent development agreements and applications (Subdivision Applications and Major Exterior Alteration Applications) to be brought forth to the Town of Vail’s Community Development department in conjunction with the vision set forth in the LRMP. 51 3. Criteria for Rezoning 1. The extent to which the zone district amendment is consistent with all applicable elements of the adopted goals, objectives and policies outlined in the Vail Comprehensive Plan and is compatible with the development objectives of the town. i. The Zone District Amendment is consistent with the adopted goals, objectives, and policies outlined in both the Vail Comprehensive Plan, the Lionshead Redevelopment Master Plan and the development objectives of the Town by laying the foundation for the site to accomplish goals outlined in the Vail Land Use Plan such as “... to grow in a controlled environment, maintaining a balance between residential, commercial and recreation uses to serve both the visitor and the permanent resident”. 2. The extent to which the zone district amendment is suitable with the existing and potential land uses on the site and existing and potential land uses as set out in the towns adopted planning documents. i. The Zone District Amendment is suitable with the existing land use on the three subject parcels as professional offices and eating and drinking establishments are listed as permitted uses within the Lionshead Mixed Use 2 zone district. Additionally, the anticipated uses, to be proposed with a subsequent land use applications to the Town’s Community Development department, within the West Lionshead concept plan are included as permitted and conditional uses within the Lionshead Mixed Use 2 zone district. 3. The extent to which the zone district amendment presents a harmonious, convenient, workable relationship among land uses consistent with municipal development objectives. i. The Zone District amendment will present an even more harmonious, convenient, workable relationship among land uses that is consistent with the Town’s development objectives by bringing the three subject parcels into the same underlying zone district, Lionshead Mixed Use 2, that make up the balance of the West Lionshead area. 4. The extent to which the zone district amendment provides for the growth of an orderly viable community and does not constitute spot zoning as the amendment serves the best interests of the community as a whole. 52 i. The zone district does not constitute spot zoning as the Lionshead Mixed Use 2 zone district currently underlays Lionshead and the parcels immediately to the east of the subject properties. The proposed zone district amendment provides for the growth of an orderly viable community, serving the best interests of the Town as a whole by replacing the existing underlying Arterial Business District and Special Design District #4 zoning with Lionshead Mixed Use 2 zoning. 5. The extent to which the zone district amendment results in adverse or beneficial impacts on the natural environment, including, but not limited to, water quality, air quality, noise, vegetation, riparian corridors, hillsides, and other desirable natural features. i. The zone district amendment will have no impact on the natural environment as there is no change to the existing use/design of the building brought forth by this application. 6. The extent to which the zone district amendment is consistent with the purpose statement of the proposed zone district. i. The site is currently consistent with the Lionshead Mixed Use 2 zone district’s purpose statement as the subject parcels are a “mixture of …restaurants, offices, and commercial establishments in a clustered, unified development.” Additionally, this zone district amendment is consistent with the purpose statement of the Lionshead Mixed Use 2 as the code states, “This zone district is meant to encourage and provide incentives for redevelopment in accordance with the Lionshead Redevelopment Master Plan”. Said redevelopment, in accordance with the Lionshead Redevelopment Master Plan, is the ultimate goal of this application for a zone district amendment in tandem with forthcoming applications. 7. The extent to which the zone district amendment demonstrates how conditions have changed since the zoning designation of the subject property was adopted and is no longer appropriate. i. The zoning designation of the subject properties, Arterial Business District and Special Design District #4, were imposed on the three subject parcels prior to the publishing of the Lionshead Redevelopment Master Plan and subsequent amendments. The Lionshead Redevelopment Master Plan calls for the West Lionshead area to be zoned as Lionshead Mixed Use 2, thus the existing zoning is no longer 53 appropriate. 8. Such other factors and criteria as the Commission and/or Council deem applicable to the proposed zoning. i. The Applicant is happy to furnish any additional materials the Commission requests in evaluating this application for a Conditional Use Permit. 54 4. Exhibits 55 Exhibit A – Letter of Authorization 56 August 20, 2025 Town of Vail – Community Development 111 South Frontage Road West Vail, CO 81657 Attention: Matt Gennett Re: West Lionshead – Application for Rezoning Dear Matt, Soho Development, LLC. and Vail Corp are the owners of three parcels of certain property that are part of the group of parcels commonly known as the “West Lionshead”, located at 953, 1000, and 1031 South Frontage Road West in Vail, Colorado (Respectively, parcel IDs 2103-121-00-002; 2103- 121-09-003; 2103-121-00-004). As the owner of the West Lionshead properties, please accept this letter authorizing Jim Telling & Kevin Murphy with East West Partners to represent our interests in the entitlement approval process. Find Jim & Kevin’s contact information below. Jim Telling East West Partners jtelling@ewpartners.com C 970-748-7598 Kevin Murphy East West Partners kmurphy@ewpartners.com C 720-839-6153 Please let us know if you have any questions or concerns. Sincerely, Soho Development, LLC Name: Title: By: Vail Corp Name: Title: By: Docusign Envelope ID: 93F010D2-80EA-4305-99BF-32632E28802E Edward T Walker Edward T Walker VP & DGC VP & DGC 57 Exhibit B – Title Commitments 58 Customer Distribution Prevent fraud - Please call a member of our closing team for wire transfer instructions or to initiate a wire transfer. Note that our wiring instructions will never change. Order Number: ABC50074625-2 Date: 08/07/2025 Property Address: 953 SOUTH FRONTAGE ROAD, VAIL, CO 81657 For Closing Assistance Closer's Assistant For Title Assistance Katie Kuchler 0030 BENCHMARK ROAD, SUITE 107 AVON, CO 81620 PO BOX 3480 (970) 748-4782 (Work) (866) 358-6634 (Work Fax) kkuchler@ltgc.com Contact License: CO281402 Company License: CO44565 Allison Benoit 0030 BENCHMARK ROAD, SUITE 107 AVON, CO 81620 PO BOX 3480 (970) 748-4798 (Work) (877) 261-1631 (Work Fax) abenoit@ltgc.com Company License: CO44565 Scott Bennetts 5975 GREENWOOD PLAZA BLVD GREENWOOD VILLAGE, CO 80111 (303) 850-4175 (Work) sbennetts@ltgc.com Agent for Seller EAST WEST PARTNERS Attention: KEVIN MURPHY DRAWER 2770 126 RIVERFRONT LANE 5TH FLOOR AVON, CO 81620 (720) 839-6153 (Cell) (970) 845-9200 (Work) (970) 845-7205 (Work Fax) kmurphy@ewpartners.com Delivered via: Electronic Mail 59 Estimate of Title Fees Order Number: ABC50074625-2 Date: 08/07/2025 Property Address: 953 SOUTH FRONTAGE ROAD, VAIL, CO 81657 Seller(s): SOHO DEVELOPMENT, LLC, A COLORADO LIMITED LIABILITY COMPANY Buyer(s): A BUYER TO BE DETERMINED Thank you for putting your trust in Land Title. Below is the estimate of title fees for the transaction. The final fees will be collected at closing. Visit ltgc.com to learn more about Land Title. Estimate of Title Insurance Fees "ALTA" Owner's Policy 07-30-21 TBD TOTAL TBD Note: The documents linked in this commitment should be reviewed carefully. These documents, such as covenants conditions and restrictions, may affect the title, ownership and use of the property. You may wish to engage legal assistance in order to fully understand and be aware of the implications of the documents on your property. Chain of Title Documents: Eagle county recorded 08/12/2005 under reception no. 925920 60 Property Address: 953 SOUTH FRONTAGE ROAD, VAIL, CO 81657 1.Commitment Date: 08/01/2025 at 5:00 P.M. 2.Policy to be Issued and Proposed Insured: "ALTA" Owner's Policy 07-30-21 Proposed Insured: A BUYER TO BE DETERMINED TBD 3.The estate or interest in the land described or referred to in this Commitment and covered herein is: FEE SIMPLE AS TO PARCEL 1, AN EASEMENT AS TO PARCEL 2 4.The Title is, at the Commitment Date, vested in: SOHO DEVELOPMENT, LLC, A COLORADO LIMITED LIABILITY COMPANY 5.The Land is described as follows: PARCEL 1:​ A PARCEL OF LAND SITUATED IN A PART OF THE NE1/4 OF THE NE1/4 OF SECTION 12, TOWNSHIP 5 SOUTH, RANGE 81 WEST OF THE SIXTH PRINCIPAL MERIDIAN, TOWN OF VAIL, COUNTY OF EAGLE, STATE OF COLORADO, SAID PARCEL BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:​ BEGINNING AT THE SOUTHWESTERLY CORNER OF TRACT A, SOUTH FRONTAGE ROAD SUBDIVISION, PER THE PLAT THEREOF RECORDED NOVEMBER 6, 2000, UNDER RECEPTION NO. 743424 IN THE OFFICE OF THE EAGLE COUNTY CLERK AND RECORDER, SAID CORNER ALSO BEING THE NORTHERLY RIGHT OF WAY OF THE SOUTH FRONTAGE ROAD OF INTERSTATE HIGHWAY NUMBER 70; ​ THENCE ALONG SAID NORTHERLY RIGHT OF WAY S. 73 DEGREES 37 MINUTES 52 SECONDS W. 200.00 FEET; ​ THENCE DEPARTING SAID NORTHERLY RIGHT OF WAY N. 16 DEGREES 51 MINUTES 09 SECONDS W. 158.18 FEET TO A POINT ON THE SOUTHERLY RIGHT OF WAY OF INTERSTATE HIGHWAY NUMBER 70; ​ THENCE ALONG SAID SOUTHERLY RIGHT OF WAY N. 59 DEGREES 28 MINUTES 16 SECONDS E. 274.19 FEET TO THE NORTHWESTERLY CORNER OF INTERSTATE HIGHWAY NUMBER 70 PARCEL 26B; ​ THENCE DEPARTING SAID SOUTHERLY RIGHT OF WAY AND ALONG THE WESTERLY BOUNDARY OF SAID PARCEL 26B S. 10 DEGREES 36 MINUTES 52 SECONDS W. 31.26 FEET TO THE SOUTHWESTERLY CORNER OF SAID PARCEL 26B, SAID POINT ALSO BEING THE NORTHWESTERLY CORNER OF SAID TRACT A; ​ THENCE ALONG THE WESTERLY BOUNDARY OF SAID TRACT A S. 10 DEGREES 45 MINUTES 05 SECONDS W. 34.40 FEET; ​ THENCE CONTINUING ALONG SAID BOUNDARY S. 04 DEGREES 37 MINUTES 43 SECONDS E. 170.34 FEET TO THE POINT OF BEGINNING, COUNTY OF EAGLE, STATE OF COLORADO. ​ PARCEL 2:​ EASEMENT FOR INGRESS AND EGRESS AS CREATED BY COMBINATION RELEASE OF EXISTING EASEMENTS AND CREATION OF NEW CROSS EASEMENT AGREEMENT RECORDED DECEMBER 13, 1989 IN BOOK 519 AT PAGE 619, COUNTY OF EAGLE, STATE OF COLORADO. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule A Order Number:ABC50074625-2 61 This page is only a part of a 2021 ALTA® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I—Requirements; Schedule B, Part II—Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. Copyright 2021 American Land Title Association. All rights reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule A Order Number:ABC50074625-2 62 ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part I (Requirements) Order Number: ABC50074625-2 All of the following Requirements must be met: This proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions. Pay the agreed amount for the estate or interest to be insured. Pay the premiums, fees, and charges for the Policy to the Company. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records. 1.A FULL COPY OF THE FULLY EXECUTED OPERATING AGREEMENT AND ANY AND ALL AMENDMENTS THERETO FOR SOHO DEVELOPMENT, LLC, A COLORADO LIMITED LIABILITY COMPANY MUST BE FURNISHED TO LAND TITLE GUARANTEE COMPANY. SAID AGREEMENT MUST DISCLOSE WHO MAY CONVEY, ACQUIRE, ENCUMBER, LEASE OR OTHERWISE DEAL WITH INTERESTS IN REAL PROPERTY FOR SAID ENTITY. NOTE: ADDITIONAL REQUIREMENTS MAY BE NECESSARY UPON REVIEW OF THIS DOCUMENTATION. 2.DULY EXECUTED AND ACKNOWLEDGED STATEMENT OF AUTHORITY SETTING FORTH THE NAME OF SOHO DEVELOPMENT, LLC, A COLORADO LIMITED LIABILITY COMPANY AS A LIMITED LIABILITY COMPANY. THE STATEMENT OF AUTHORITY MUST STATE UNDER WHICH LAWS THE ENTITY WAS CREATED, THE MAILING ADDRESS OF THE ENTITY, AND THE NAME AND POSITION OF THE PERSON(S) AUTHORIZED TO EXECUTE INSTRUMENTS CONVEYING, ENCUMBERING, OR OTHERWISE AFFECTING TITLE TO REAL PROPERTY ON BEHALF OF THE ENTITY AND OTHERWISE COMPLYING WITH THE PROVISIONS OF SECTION 38-30-172, CRS. NOTE: THE STATEMENT OF AUTHORITY MUST BE RECORDED WITH THE CLERK AND RECORDER. 3.WARRANTY DEED FROM SOHO DEVELOPMENT, LLC, A COLORADO LIMITED LIABILITY COMPANY TO A BUYER TO BE DETERMINED CONVEYING SUBJECT PROPERTY. NOTE: ADDITIONAL REQUIREMENTS OR EXCEPTIONS MAY BE NECESSARY WHEN THE BUYERS NAMES ARE ADDED TO THIS COMMITMENT. COVERAGES AND/OR CHARGES REFLECTED HEREIN, IF ANY, ARE SUBJECT TO CHANGE UPON RECEIPT OF THE CONTRACT TO BUY AND SELL REAL ESTATE AND ANY AMENDMENTS THERETO. 63 Some historical land records contain Discriminatory Covenants that are illegal and unenforceable by law. This Commitment and the Policy treat any Discriminatory Covenant in a document referenced in Schedule B as if each Discriminatory Covenant is redacted, repudiated, removed, and not republished or recirculated. Only the remaining provisions of the document will be excepted from coverage. 1.Any facts, rights, interests, or claims thereof, not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 2.Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 3.Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 4.Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposed by law and not shown by the Public Records. 5.Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date of the proposed insured acquires of record for value the estate or interest or mortgage thereon covered by this Commitment. 6.(a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 7.(a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water. 8.EXISTING LEASES AND TENANCIES, IF ANY. 9.RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES AS RESERVED IN UNITED STATES PATENT RECORDED DECEMBER 29, 1920, IN BOOK 93 AT PAGE 42. 10.RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED DECEMBER 29, 1920, IN BOOK 93 AT PAGE 42. 11.ANY RIGHTS, INTERESTS OR EASEMENTS IN FAVOR OF THE STATE OF COLORADO, THE UNITED STATES OF AMERICA, OR THE GENERAL PUBLIC, WHICH EXIST OR ARE CLAIMED TO EXIST IN, OVER, UNDER AND/OR ACROSS THE WATERS AND PRESENT AND PAST BED AND BANKS OF THE RED SANDSTONE CREEK. 12.TERMS, CONDITIONS AND PROVISIONS OF RIGHT OF WAY EASEMENT RECORDED JULY 09, 1984 IN BOOK 388 AT PAGE 756. 13.TERMS, CONDITIONS AND PROVISIONS OF COMBINATION RELEASE OF EXISTING EASEMENTS AND CREATION OF NEW CROSS EASEMENT AGREEMENT RECORDED DECEMBER 13, 1989 IN BOOK 519 AT PAGE 619. 14.TERMS, CONDITIONS AND PROVISIONS OF USE RESTRICTION AGREEMENT RECORDED DECEMBER 27, 1989 IN BOOK 520 AT PAGE 202 AND AMENDMENT RECORDED AUGUST 29, 1991 IN BOOK 561 AT PAGE 190. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part II (Exceptions) Order Number: ABC50074625-2 64 15.TERMS, CONDITIONS AND PROVISIONS OF CONVEYANCE OF EASEMENT RECORDED JUNE 25, 1991 IN BOOK 556 AT PAGE 702 AND RERECORDED AUGUST 29, 1991 IN BOOK 561 AT PAGE 191. 16.LACK OF A DIRECT ACCESS ON AND TO INTERSTATE HIGHWAY 70, WHICH ABUTS SUBJECT PROPERTY. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part II (Exceptions) Order Number: ABC50074625-2 65 ALTA Commitment For Title Insurance issued by Old Republic National Title Insurance Company NOTICE IMPORTANT—READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT. THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION, OPINION OF TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE COMPANY TO DETERMINE INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE PROPRIETARY TO THE COMPANY, WERE PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE NO EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUDING A PROPOSED INSURED. THE COMPANY’S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED IDENTIFIED IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE COMPANY HAS NO LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER PERSON. . COMMITMENT TO ISSUE POLICY Subject to the Notice; Schedule B, Part I—Requirements; Schedule B, Part II—Exceptions; and the Commitment Conditions ,Old Republic National Title Insurance Company, a Minnesota corporation (the “Company”), commits to issue the Policy according to the terms and provisions of this Commitment. This Commitment is effective as of the Commitment Date shown in Schedule A for each Policy described in Schedule A, only when the Company has entered in Schedule A both the specified dollar amount as the Proposed Amount of insurance and the name of the Proposed Insured. If all of the Schedule B, Part I—Requirements have not been met within 6 months after the Commitment Date, this Commitment terminates and the Company’s liability and obligation end. COMMITMENT CONDITIONS 1. DEFINITIONS 2. If all of the Schedule B, Part I—Requirements have not been met within the time period specified in the Commitment to Issue Policy, Commitment terminates and the Company’s liability and obligation end. 3. The Company’s liability and obligation is limited by and this Commitment is not valid without: 4. COMPANY’S RIGHT TO AMEND The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien, encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the Company is limited by Commitment Condition 5. The Company is not liable for any other amendment to this Commitment. 5. LIMITATIONS OF LIABILITY i. comply with the Schedule B, Part I—Requirements; ii. eliminate, with the Company’s written consent, any Schedule B, Part II—Exceptions; or iii. acquire the Title or create the Mortgage covered by this Commitment. “Discriminatory Covenant”: Any covenant, condition, restriction, or limitation that is unenforceable under applicable law because it illegally discriminates against a class of individuals based on personal characteristics such as race, color, religion, sex, sexual orientation, gender identity, familial status, disability, national origin, or other legally protected class. (a) “Knowledge” or “Known”: Actual knowledge or actual notice, but not constructive notice imparted by the Public Records.(b) “Land”: The land described in item 5 of Schedule A and affixed improvements located on that land that by State law constitute real property. The term “Land” does not include any property beyond that described in Schedule A, nor any right, title, interest, estate, or easement in any abutting street, road, aavenue, alley, lane, right-of-way, body of water, or waterway, but does not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy. (c) “Mortgage”: A mortgage, deed of trust, trust deed, security deed, or other real property security instrument, including one evidenced by electronic means authorized by law. (d) “Policy”: Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued by the Company pursuant to this Commitment. (e) “Proposed Amount of Insurance”: Each dollar amount specified in Schedule A as the Proposed Amount of Insurance of each Policy to be issued pursuant to this Commitment. (f) “Proposed Insured”: Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this Commitment.(g) “Public Records”: The recording or filing system established under State statutes in effect at the Commitment Date under which a document must be recorded or filed to impart constructive notice of matters relating to the TItle to a purchaser for value without Knowledge. The term “Public Records” does not include any other recording or filing system, including any pertaining to environmental remediation or protection, planning, permitting, zoning, licensing, building, health, public safety, or national security matters. (h) “State”: The state or commonwealth of the United States within whose exterior boundaries the Land is located. The term “State” also includes the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and Guam. (i) “Title”: The estate or interest in the Land identified in Item 3 of Schedule A.(j) the Notice;(a) the Commitment to Issue Policy;(b) the Commitment Conditions;(c) Schedule A;(d) Schedule B, Part I—Requirements; and(e) Schedule B, Part II—Exceptions; and(f) a counter-signature by the Company or its issuing agent that may be in electronic form.(g) The Company’s liability under Commitment Condition 4 is limited to the Proposed Insured’s actual expense incurred in the interval between the Company’s delivery to the Proposed Insured of the Commitment and the delivery of the amended Commitment, resulting from the Proposed Insured’s good faith reliance to: (a) The Company is not liable under Commitment Condition 5(a) if the Proposed Insured requested the amendment or had Knowledge of the matter and did not notify the Company about it in writing. (b) The Company is only liable under Commitment Condition 4 if the Proposed Insured would not have incurred the expense had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured. (c) The Company’s liability does not exceed the lesser of the Proposed Insured’s actual expense incurred in good faith and described in Commitment Condition 5(a) or the Proposed Amount of Insurance. (d) The Company is not liable for the content of the Transaction Identification Data, if any.(e) The Company is not obligated to issue the Policy referred to in this Commitment unless all of the Schedule B, Part I—Requirements have been met to the satisfaction of the Company. (f) 66 6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT. CHOICE OF LAW AND CHOICE OF FORUM 7. IF THIS COMMITMENT IS ISSUED BY AN ISSUING AGENT The issuing agent is the Company’s agent only for the limited purpose of issuing title insurance commitments and policies. The issuing agent is not the Company’s agent for the purpose of providing closing or settlement services. 8. PRO-FORMA POLICY The Company may provide, at the request of a Proposed Insured, a pro-forma policy illustrating the coverage that the Company may provide. A pro-forma policy neither reflects the status of Title at the time that the pro-forma policy is delivered to a Proposed Insured, nor is it a commitment to insure. 9. CLAIMS PROCEDURES This Commitment incorporates by reference all Conditions for making a claim in the Policy to be issued to the Proposed Insured. Commitment Condition 9 does not modify the limitations of liability in Commitment Conditions 5 and 6. 10. CLASS ACTION ALL CLAIMS AND DISPUTES ARISING OUT OF OR RELATING TO THIS COMMITMENT, INCLUDING ANY SERVICE OR OTHER MATTER IN CONNECTION WITH ISSUING THIS COMMITMENT, ANY BREACH OF A COMMITMENT PROVISION, OR ANY OTHER CLAIM OR DISPUTE ARISING OUT OF OR RELATING TO THE TRANSACTION GIVING RISE TO THIS COMMITMENT, MUST BE BROUGHT IN AN INDIVIDUAL CAPACITY. NO PARTY MAY SERVE AS PLAINTIFF, CLASS MEMBER, OR PARTICIPANT IN ANY CLASS OR REPRESENTATIVE PROCEEDING. ANY POLICY ISSUED PURSUANT TO THIS COMMITMENT WILL CONTAIN A CLASS ACTION CONDITION. 11. ARBITRATION The Policy contains an arbitration clause. All arbitrable matters when the Proposed Amount of insurance is $2,000,000 or less may be arbitrated at the election of either the Company or the Proposed Insured as the exclusive remedy of the parties. A Proposed Insured may review a copy of the arbitration rules at http://www.alta.org/arbitration IN WITNESS WHEREOF, Old Republic National Title Insurance Company has caused its corporate name and seal to be affixed by its duly authorized officers on the date shown in Schedule A to be valid when countersigned by a validating officer or other authorized signatory. Issued by: Land Title Guarantee Company 3033 East First Avenue Suite 600 Denver, Colorado 80206 303-321-1880 Craig B. Rants, Senior Vice President This page is only a part of a 2021 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I—Requirements; and Schedule B, Part II —Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. Copyright 2021 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. The Company’s liability is further limited by the terms and provisions of the Policy to be issued to the Proposed Insured.(g) Only a Proposed Insured identified in Schedule A, and no other person, may make a claim under this Commitment.(a) Any claim must be based in contract under the State law of the State where the Land is located and is restricted to the terms and provisions of this Commitment. Any litigation or other proceeding brought by the Proposed Insured against the Company must be filed only in a State or federal court having jurisdiction (b) This Commitment, as last revised, is the exclusive and entire agreement between the parties with respect to the subject matter of this Commitment and supersedes all prior commitment negotiations, representations, and proposals of any kind, whether written or oral, express or implied, relating to the subject matter of this Commitment. (c) The deletion or modification of any Schedule B, Part II—Exception does not constitute an agreement or obligation to provide coverage beyond the terms and provisions of this Commitment or the Policy. (d) Any amendment or endorsement to this Commitment must be in writing and authenticated by a person authorized by the Company.(e) When the Policy is issued, all liability and obligation under this Commitment will end and the Company’s only liability will be under the Policy.(f) 67 Land Title Guarantee Company Disclosure Statements Note: Pursuant to CRS 10-11-122, notice is hereby given that: Note: Effective September 1, 1997, CRS 30-10-406 requires that all documents received for recording or filing in the clerk and recorder's office shall contain a top margin of at least one inch and a left, right and bottom margin of at least one half of an inch. The clerk and recorder may refuse to record or file any document that does not conform, except that, the requirement for the top margin shall not apply to documents using forms on which space is provided for recording or filing information at the top margin of the document. Note: Colorado Division of Insurance Regulations 8-1-2 requires that "Every title entity shall be responsible for all matters which appear of record prior to the time of recording whenever the title entity conducts the closing and is responsible for recording or filing of legal documents resulting from the transaction which was closed". Provided that Land Title Guarantee Company conducts the closing of the insured transaction and is responsible for recording the legal documents from the transaction, exception number 5 will not appear on the Owner's Title Policy and the Lenders Policy when issued. Note: Affirmative mechanic's lien protection for the Owner may be available (typically by deletion of Exception no. 4 of Schedule B, Section 2 of the Commitment from the Owner's Policy to be issued) upon compliance with the following conditions: No coverage will be given under any circumstances for labor or material for which the insured has contracted for or agreed to pay. Note: Pursuant to CRS 10-11-123, notice is hereby given: The Subject real property may be located in a special taxing district.(A) A certificate of taxes due listing each taxing jurisdiction will be obtained from the county treasurer of the county in which the real property is located or that county treasurer's authorized agent unless the proposed insured provides written instructions to the contrary. (for an Owner's Policy of Title Insurance pertaining to a sale of residential real property). (B) The information regarding special districts and the boundaries of such districts may be obtained from the Board of County Commissioners, the County Clerk and Recorder, or the County Assessor. (C) The land described in Schedule A of this commitment must be a single family residence which includes a condominium or townhouse unit. (A) No labor or materials have been furnished by mechanics or material-men for purposes of construction on the land described in Schedule A of this Commitment within the past 6 months. (B) The Company must receive an appropriate affidavit indemnifying the Company against un-filed mechanic's and material-men's liens. (C) The Company must receive payment of the appropriate premium.(D) If there has been construction, improvements or major repairs undertaken on the property to be purchased within six months prior to the Date of Commitment, the requirements to obtain coverage for unrecorded liens will include: disclosure of certain construction information; financial information as to the seller, the builder and or the contractor; payment of the appropriate premium fully executed Indemnity Agreements satisfactory to the company, and, any additional requirements as may be necessary after an examination of the aforesaid information by the Company. (E) 68 This notice applies to owner's policy commitments disclosing that a mineral estate has been severed from the surface estate, in Schedule B-2. Note: Pursuant to CRS 10-1-128(6)(a), It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory Agencies. Note: Pursuant to Colorado Division of Insurance Regulations 8-1-3, notice is hereby given of the availability of a closing protection letter for the lender, purchaser, lessee or seller in connection with this transaction. Note: Pursuant to CRS 24-21-514.5, Colorado notaries may remotely notarize real estate deeds and other documents using real-time audio-video communication technology. You may choose not to use remote notarization for any document. That there is recorded evidence that a mineral estate has been severed, leased, or otherwise conveyed from the surface estate and that there is substantial likelihood that a third party holds some or all interest in oil, gas, other minerals, or geothermal energy in the property; and (A) That such mineral estate may include the right to enter and use the property without the surface owner's permission. (B) 69 Joint Notice of Privacy Policy of Land Title Guarantee Company Land Title Insurance Corporation and Old Republic National Title Insurancy Company This Statement is provided to you as a customer of Land Title Guarantee Company as agent for Land Title Insurance Corporation and Old Republic National Title Insurance Company. We want you to know that we recognize and respect your privacy expectations and the requirements of federal and state privacy laws. Information security is one of our highest priorities. We recognize that maintaining your trust and confidence is the bedrock of our business. We maintain and regularly review internal and external safeguards against unauthorized access to your non-public personal information ("Personal Information"). In the course of our business, we may collect Personal Information about you from: applications or other forms we receive from you, including communications sent through TMX, our web-based transaction management system; your transactions with, or from the services being performed by us, our affiliates, or others; a consumer reporting agency, if such information is provided to us in connection with your transaction; and The public records maintained by governmental entities that we obtain either directly from those entities, or from our affiliates and non-affiliates. Our policies regarding the protection of the confidentiality and security of your Personal Information are as follows: We restrict access to all Personal Information about you to those employees who need to know that information in order to provide products and services to you. We may share your Personal Information with affiliated contractors or service providers who provide services in the course of our business, but only to the extent necessary for these providers to perform their services and to provide these services to you as may be required by your transaction. We maintain physical, electronic and procedural safeguards that comply with federal standards to protect your Personal Information from unauthorized access or intrusion. Employees who violate our strict policies and procedures regarding privacy are subject to disciplinary action. We regularly assess security standards and procedures to protect against unauthorized access to Personal Information. WE DO NOT DISCLOSE ANY PERSONAL INFORMATION ABOUT YOU WITH ANYONE FOR ANY PURPOSE THAT IS NOT STATED ABOVE OR PERMITTED BY LAW. Consistent with applicable privacy laws, there are some situations in which Personal Information may be disclosed. We may disclose your Personal Information when you direct or give us permission; when we are required by law to do so, for example, if we are served a subpoena; or when we suspect fraudulent or criminal activities. We also may disclose your Personal Information when otherwise permitted by applicable privacy laws such as, for example, when disclosure is needed to enforce our rights arising out of any agreement, transaction or relationship with you. Our policy regarding dispute resolution is as follows: Any controversy or claim arising out of or relating to our privacy policy, or the breach thereof, shall be settled by arbitration in accordance with the rules of the American Arbitration 70 Association, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. 71 Customer Distribution Prevent fraud - Please call a member of our closing team for wire transfer instructions or to initiate a wire transfer. Note that our wiring instructions will never change. Order Number: ABC50074623 Date: 06/04/2025 Property Address: PARCEL 210312109003 (R008248), VAIL, CO 81657 For Closing Assistance Closer's Assistant For Title Assistance Katie Kuchler 0030 BENCHMARK ROAD, SUITE 107 AVON, CO 81620 PO BOX 3480 (970) 748-4782 (Work) (866) 358-6634 (Work Fax) kkuchler@ltgc.com Contact License: CO281402 Company License: CO44565 Allison Benoit 0030 BENCHMARK ROAD, SUITE 107 AVON, CO 81620 PO BOX 3480 (970) 748-4798 (Work) (877) 261-1631 (Work Fax) abenoit@ltgc.com Company License: CO44565 Scott Bennetts 5975 GREENWOOD PLAZA BLVD GREENWOOD VILLAGE, CO 80111 (303) 850-4175 (Work) sbennetts@ltgc.com Agent for Seller EAST WEST PARTNERS Attention: KEVIN MURPHY DRAWER 2770 126 RIVERFRONT LANE 5TH FLOOR AVON, CO 81620 (720) 839-6153 (Cell) (970) 845-9200 (Work) (970) 845-7205 (Work Fax) kmurphy@ewpartners.com Delivered via: Electronic Mail 72 Estimate of Title Fees Order Number: ABC50074623 Date: 06/04/2025 Property Address: PARCEL 210312109003 (R008248), VAIL, CO 81657 Seller(s): THE VAIL CORPORATION, A COLORADO CORPORATION Buyer(s): A BUYER TO BE DETERMINED Thank you for putting your trust in Land Title. Below is the estimate of title fees for the transaction. The final fees will be collected at closing. Visit ltgc.com to learn more about Land Title. Estimate of Title Insurance Fees "ALTA" Owner's Policy 07-30-21 TBD TOTAL TBD Note: The documents linked in this commitment should be reviewed carefully. These documents, such as covenants conditions and restrictions, may affect the title, ownership and use of the property. You may wish to engage legal assistance in order to fully understand and be aware of the implications of the documents on your property. Plat Map(s): Eagle county recorded 07/18/1978 at book 272 page 370 73 This page is only a part of a 2021 ALTA® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I—Requirements; Schedule B, Part II—Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. Copyright 2021 American Land Title Association. All rights reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Property Address: PARCEL 210312109003 (R008248), VAIL, CO 81657 1.Commitment Date: 05/30/2025 at 5:00 P.M. 2.Policy to be Issued and Proposed Insured: "ALTA" Owner's Policy 07-30-21 Proposed Insured: A BUYER TO BE DETERMINED TBD 3.The estate or interest in the land described or referred to in this Commitment and covered herein is: A Fee Simple 4.The Title is, at the Commitment Date, vested in: THE VAIL CORPORATION, A COLORADO CORPORATION 5.The Land is described as follows: LOT 54, GLEN LYON SUBDIVISION, ACCORDING TO THE AMENDED PLAT THEREOF RECORDED JULY 18, 1978 IN BOOK 272 AT PAGE 370, COUNTY OF EAGLE, STATE OF COLORADO. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule A Order Number:ABC50074623 74 ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part I (Requirements) Order Number: ABC50074623 All of the following Requirements must be met: This proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions. Pay the agreed amount for the estate or interest to be insured. Pay the premiums, fees, and charges for the Policy to the Company. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records. 1.WARRANTY DEED FROM THE VAIL CORPORATION, A COLORADO CORPORATION TO A BUYER TO BE DETERMINED CONVEYING SUBJECT PROPERTY. NOTE: ADDITIONAL REQUIREMENTS OR EXCEPTIONS MAY BE NECESSARY WHEN THE BUYERS NAMES ARE ADDED TO THIS COMMITMENT. COVERAGES AND/OR CHARGES REFLECTED HEREIN, IF ANY, ARE SUBJECT TO CHANGE UPON RECEIPT OF THE CONTRACT TO BUY AND SELL REAL ESTATE AND ANY AMENDMENTS THERETO. 75 Some historical land records contain Discriminatory Covenants that are illegal and unenforceable by law. This Commitment and the Policy treat any Discriminatory Covenant in a document referenced in Schedule B as if each Discriminatory Covenant is redacted, repudiated, removed, and not republished or recirculated. Only the remaining provisions of the document will be excepted from coverage. 1.Any facts, rights, interests, or claims thereof, not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 2.Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 3.Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 4.Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposed by law and not shown by the Public Records. 5.Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date of the proposed insured acquires of record for value the estate or interest or mortgage thereon covered by this Commitment. 6.(a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 7.(a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water. 8.EXISTING LEASES AND TENANCIES, IF ANY. 9.RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES AS RESERVED IN UNITED STATES PATENT RECORDED AUGUST 16, 1909, IN BOOK 48 AT PAGE 542. 10.RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED AUGUST 16, 1909, IN BOOK 48 AT PAGE 542. 11.RESERVATION AS TO THE NORTHWEST 1/4 OF SECTION 12 TOWNSHIP 5 SOUTH, RANGE 81 WEST OF THE RIGHT OF WAY OF THE UNITED STATES, ITS PERMITTEE OR LICENSEE, TO ENTER UPON, OCCUPY AND USE ANY PART OR ALL OF SAID LAND FOR THE PURPOSES PROVIDED IN THE ACT OF JUNE 10, 1920 (41 SAT. 1063) AS RESERVED IN THE PATENT RECORDED OCTOBER 2, 1946 IN BOOK 132 AT PAGE 405. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part II (Exceptions) Order Number: ABC50074623 76 12.RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE, BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS, DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW AS CONTAINED IN INSTRUMENT RECORDED APRIL 04, 1978, IN BOOK 268 AT PAGE 698 AND AS AMENDED IN INSTRUMENT RECORDED AUGUST 25, 1987, IN BOOK 468 AT PAGE 447 THROUGH 472 AND AS RERECORDED IN INSTRUMENT RECORDED SEPTEMBER 15, 1987 IN BOOK 469 AT PAGE 801, AND AS AMENDED IN INSTRUMENT RECORDED MAY 2, 1990 IN BOOK 528 AT PAGE 154 AND AS AMENDED IN INSTRUMENT RECORDED MARCH 5, 2007 UNDER RECEPTION NO. 200705601 AND AS AMENDED IN INSTRUMENT RECORDED SEPTEMBER 20, 2007 UNDER RECEPTION NO. 200725244. 13.EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON THE AMENDED PLAT OF GLEN LYON SUBDIVISION RECORDED JULY 18, 1978 IN BOOK 272 AT PAGE 370. VACATION OF 20 FOOT UTILITY EASEMENT AS RECORDED IN THE INSTRUMENTS RECORDED: JUNE 7, 1990 IN BOOK 530 AT PAGE 966, JUNE 7, 1990 IN BOOK 530 AT PAGE 964, JUNE 7, 1990 IN BOOK 530 AT PAGE 963 AND JUNE 7, 1989 IN BOOK 507 AT PAGE 641, APRIL 3, 2019 UNDER RECEPTION NO. 201904346. 14.RIGHTS AND EASEMENTS FOR NAVIGATION AND FISHERY IN FAVOR OF THE PUBLIC WHICH MAY EXIST OVER THAT PORTION OF SAID LAND LYING BENEATH THE WATERS OF GORE CREEK. 15.EASEMENT AND RIGHT OF WAY FOR CONSTRUCTION AND MAINTENANCE OF AN ELECTRIC SYSTEM, AS GRANTED TO HOLY CROSS ELECTRIC ASSOCIATION BY GORE CREEK ASSOCIATES, IN THE INSTRUMENT RECORDED APRIL 24, 1978 IN BOOK 269 AT PAGE 277. 16.UTILITY EASEMENT AS GRANTED TO HOLY CROSS ELECTRIC ASSOCIATION, INC., IN INSTRUMENT RECORDED MAY 19, 1989, IN BOOK 506 AT PAGE 676. 17.UTILITY EASEMENT AS GRANTED TO UPPER EAGLE VALLEY CONSOLIDATED SANITATION DISTRICT AND VAIL VALLEY CONSOLIDATED WATER DISTRICT IN INSTRUMENT RECORDED JUNE 07, 1989, IN BOOK 507 AT PAGE 642. 18.UTILITY EASEMENT AS GRANTED TO THE TOWN OF VAIL IN INSTRUMENT RECORDED JUNE 7, 1990 IN BOOK 530 AT PAGE 962. 19.UTILITY EASEMENT AS GRANTED TO UPPER EAGLE VALLEY CONSOLIDATED SANITATION DISTRICT AND VAIL VALLEY CONSOLIDATED WATER DISTRICT IN INSTRUMENT RECORDED JUNE 7, 1990 IN BOOK 530 AT PAGE 965. 20.TERMS, CONDITIONS AND PROVISIONS OF DECLARATION OF RESTRICTIVE COVENANTS, BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS, DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW RECORDED APRIL 17, 2009 AT RECEPTION NO. 200906990 AND AMENDMENT RECORDED JANUARY 28, 2010 RECEPTION NO. 201001717 21.TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN RECREATIONAL EASEMENT AND MAINTENANCE AGREEMENT RECORDED MAY 10, 2017 UNDER RECEPTION NO. 201708355. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part II (Exceptions) Order Number: ABC50074623 77 ALTA Commitment For Title Insurance issued by Old Republic National Title Insurance Company NOTICE IMPORTANT—READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT. THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION, OPINION OF TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE COMPANY TO DETERMINE INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE PROPRIETARY TO THE COMPANY, WERE PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE NO EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUDING A PROPOSED INSURED. THE COMPANY’S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED IDENTIFIED IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE COMPANY HAS NO LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER PERSON. . COMMITMENT TO ISSUE POLICY Subject to the Notice; Schedule B, Part I—Requirements; Schedule B, Part II—Exceptions; and the Commitment Conditions ,Old Republic National Title Insurance Company, a Minnesota corporation (the “Company”), commits to issue the Policy according to the terms and provisions of this Commitment. This Commitment is effective as of the Commitment Date shown in Schedule A for each Policy described in Schedule A, only when the Company has entered in Schedule A both the specified dollar amount as the Proposed Amount of insurance and the name of the Proposed Insured. If all of the Schedule B, Part I—Requirements have not been met within 6 months after the Commitment Date, this Commitment terminates and the Company’s liability and obligation end. COMMITMENT CONDITIONS 1. DEFINITIONS 2. If all of the Schedule B, Part I—Requirements have not been met within the time period specified in the Commitment to Issue Policy, Commitment terminates and the Company’s liability and obligation end. 3. The Company’s liability and obligation is limited by and this Commitment is not valid without: 4. COMPANY’S RIGHT TO AMEND The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien, encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the Company is limited by Commitment Condition 5. The Company is not liable for any other amendment to this Commitment. 5. LIMITATIONS OF LIABILITY i. comply with the Schedule B, Part I—Requirements; ii. eliminate, with the Company’s written consent, any Schedule B, Part II—Exceptions; or iii. acquire the Title or create the Mortgage covered by this Commitment. “Discriminatory Covenant”: Any covenant, condition, restriction, or limitation that is unenforceable under applicable law because it illegally discriminates against a class of individuals based on personal characteristics such as race, color, religion, sex, sexual orientation, gender identity, familial status, disability, national origin, or other legally protected class. (a) “Knowledge” or “Known”: Actual knowledge or actual notice, but not constructive notice imparted by the Public Records.(b) “Land”: The land described in item 5 of Schedule A and affixed improvements located on that land that by State law constitute real property. The term “Land” does not include any property beyond that described in Schedule A, nor any right, title, interest, estate, or easement in any abutting street, road, aavenue, alley, lane, right-of-way, body of water, or waterway, but does not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy. (c) “Mortgage”: A mortgage, deed of trust, trust deed, security deed, or other real property security instrument, including one evidenced by electronic means authorized by law. (d) “Policy”: Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued by the Company pursuant to this Commitment. (e) “Proposed Amount of Insurance”: Each dollar amount specified in Schedule A as the Proposed Amount of Insurance of each Policy to be issued pursuant to this Commitment. (f) “Proposed Insured”: Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this Commitment.(g) “Public Records”: The recording or filing system established under State statutes in effect at the Commitment Date under which a document must be recorded or filed to impart constructive notice of matters relating to the TItle to a purchaser for value without Knowledge. The term “Public Records” does not include any other recording or filing system, including any pertaining to environmental remediation or protection, planning, permitting, zoning, licensing, building, health, public safety, or national security matters. (h) “State”: The state or commonwealth of the United States within whose exterior boundaries the Land is located. The term “State” also includes the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and Guam. (i) “Title”: The estate or interest in the Land identified in Item 3 of Schedule A.(j) the Notice;(a) the Commitment to Issue Policy;(b) the Commitment Conditions;(c) Schedule A;(d) Schedule B, Part I—Requirements; and(e) Schedule B, Part II—Exceptions; and(f) a counter-signature by the Company or its issuing agent that may be in electronic form.(g) The Company’s liability under Commitment Condition 4 is limited to the Proposed Insured’s actual expense incurred in the interval between the Company’s delivery to the Proposed Insured of the Commitment and the delivery of the amended Commitment, resulting from the Proposed Insured’s good faith reliance to: (a) The Company is not liable under Commitment Condition 5(a) if the Proposed Insured requested the amendment or had Knowledge of the matter and did not notify the Company about it in writing. (b) The Company is only liable under Commitment Condition 4 if the Proposed Insured would not have incurred the expense had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured. (c) The Company’s liability does not exceed the lesser of the Proposed Insured’s actual expense incurred in good faith and described in Commitment Condition 5(a) or the Proposed Amount of Insurance. (d) The Company is not liable for the content of the Transaction Identification Data, if any.(e) The Company is not obligated to issue the Policy referred to in this Commitment unless all of the Schedule B, Part I—Requirements have been met to the satisfaction of the Company. (f) 78 6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT. CHOICE OF LAW AND CHOICE OF FORUM 7. IF THIS COMMITMENT IS ISSUED BY AN ISSUING AGENT The issuing agent is the Company’s agent only for the limited purpose of issuing title insurance commitments and policies. The issuing agent is not the Company’s agent for the purpose of providing closing or settlement services. 8. PRO-FORMA POLICY The Company may provide, at the request of a Proposed Insured, a pro-forma policy illustrating the coverage that the Company may provide. A pro-forma policy neither reflects the status of Title at the time that the pro-forma policy is delivered to a Proposed Insured, nor is it a commitment to insure. 9. CLAIMS PROCEDURES This Commitment incorporates by reference all Conditions for making a claim in the Policy to be issued to the Proposed Insured. Commitment Condition 9 does not modify the limitations of liability in Commitment Conditions 5 and 6. 10. CLASS ACTION ALL CLAIMS AND DISPUTES ARISING OUT OF OR RELATING TO THIS COMMITMENT, INCLUDING ANY SERVICE OR OTHER MATTER IN CONNECTION WITH ISSUING THIS COMMITMENT, ANY BREACH OF A COMMITMENT PROVISION, OR ANY OTHER CLAIM OR DISPUTE ARISING OUT OF OR RELATING TO THE TRANSACTION GIVING RISE TO THIS COMMITMENT, MUST BE BROUGHT IN AN INDIVIDUAL CAPACITY. NO PARTY MAY SERVE AS PLAINTIFF, CLASS MEMBER, OR PARTICIPANT IN ANY CLASS OR REPRESENTATIVE PROCEEDING. ANY POLICY ISSUED PURSUANT TO THIS COMMITMENT WILL CONTAIN A CLASS ACTION CONDITION. 11. ARBITRATION The Policy contains an arbitration clause. All arbitrable matters when the Proposed Amount of insurance is $2,000,000 or less may be arbitrated at the election of either the Company or the Proposed Insured as the exclusive remedy of the parties. A Proposed Insured may review a copy of the arbitration rules at http://www.alta.org/arbitration IN WITNESS WHEREOF, Old Republic National Title Insurance Company has caused its corporate name and seal to be affixed by its duly authorized officers on the date shown in Schedule A to be valid when countersigned by a validating officer or other authorized signatory. Issued by: Land Title Guarantee Company 3033 East First Avenue Suite 600 Denver, Colorado 80206 303-321-1880 Craig B. Rants, Senior Vice President This page is only a part of a 2021 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I—Requirements; and Schedule B, Part II —Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. Copyright 2021 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. The Company’s liability is further limited by the terms and provisions of the Policy to be issued to the Proposed Insured.(g) Only a Proposed Insured identified in Schedule A, and no other person, may make a claim under this Commitment.(a) Any claim must be based in contract under the State law of the State where the Land is located and is restricted to the terms and provisions of this Commitment. Any litigation or other proceeding brought by the Proposed Insured against the Company must be filed only in a State or federal court having jurisdiction (b) This Commitment, as last revised, is the exclusive and entire agreement between the parties with respect to the subject matter of this Commitment and supersedes all prior commitment negotiations, representations, and proposals of any kind, whether written or oral, express or implied, relating to the subject matter of this Commitment. (c) The deletion or modification of any Schedule B, Part II—Exception does not constitute an agreement or obligation to provide coverage beyond the terms and provisions of this Commitment or the Policy. (d) Any amendment or endorsement to this Commitment must be in writing and authenticated by a person authorized by the Company.(e) When the Policy is issued, all liability and obligation under this Commitment will end and the Company’s only liability will be under the Policy.(f) 79 Land Title Guarantee Company Disclosure Statements Note: Pursuant to CRS 10-11-122, notice is hereby given that: Note: Effective September 1, 1997, CRS 30-10-406 requires that all documents received for recording or filing in the clerk and recorder's office shall contain a top margin of at least one inch and a left, right and bottom margin of at least one half of an inch. The clerk and recorder may refuse to record or file any document that does not conform, except that, the requirement for the top margin shall not apply to documents using forms on which space is provided for recording or filing information at the top margin of the document. Note: Colorado Division of Insurance Regulations 8-1-2 requires that "Every title entity shall be responsible for all matters which appear of record prior to the time of recording whenever the title entity conducts the closing and is responsible for recording or filing of legal documents resulting from the transaction which was closed". Provided that Land Title Guarantee Company conducts the closing of the insured transaction and is responsible for recording the legal documents from the transaction, exception number 5 will not appear on the Owner's Title Policy and the Lenders Policy when issued. Note: Affirmative mechanic's lien protection for the Owner may be available (typically by deletion of Exception no. 4 of Schedule B, Section 2 of the Commitment from the Owner's Policy to be issued) upon compliance with the following conditions: No coverage will be given under any circumstances for labor or material for which the insured has contracted for or agreed to pay. Note: Pursuant to CRS 10-11-123, notice is hereby given: The Subject real property may be located in a special taxing district.(A) A certificate of taxes due listing each taxing jurisdiction will be obtained from the county treasurer of the county in which the real property is located or that county treasurer's authorized agent unless the proposed insured provides written instructions to the contrary. (for an Owner's Policy of Title Insurance pertaining to a sale of residential real property). (B) The information regarding special districts and the boundaries of such districts may be obtained from the Board of County Commissioners, the County Clerk and Recorder, or the County Assessor. (C) The land described in Schedule A of this commitment must be a single family residence which includes a condominium or townhouse unit. (A) No labor or materials have been furnished by mechanics or material-men for purposes of construction on the land described in Schedule A of this Commitment within the past 6 months. (B) The Company must receive an appropriate affidavit indemnifying the Company against un-filed mechanic's and material-men's liens. (C) The Company must receive payment of the appropriate premium.(D) If there has been construction, improvements or major repairs undertaken on the property to be purchased within six months prior to the Date of Commitment, the requirements to obtain coverage for unrecorded liens will include: disclosure of certain construction information; financial information as to the seller, the builder and or the contractor; payment of the appropriate premium fully executed Indemnity Agreements satisfactory to the company, and, any additional requirements as may be necessary after an examination of the aforesaid information by the Company. (E) 80 This notice applies to owner's policy commitments disclosing that a mineral estate has been severed from the surface estate, in Schedule B-2. Note: Pursuant to CRS 10-1-128(6)(a), It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory Agencies. Note: Pursuant to Colorado Division of Insurance Regulations 8-1-3, notice is hereby given of the availability of a closing protection letter for the lender, purchaser, lessee or seller in connection with this transaction. Note: Pursuant to CRS 24-21-514.5, Colorado notaries may remotely notarize real estate deeds and other documents using real-time audio-video communication technology. You may choose not to use remote notarization for any document. That there is recorded evidence that a mineral estate has been severed, leased, or otherwise conveyed from the surface estate and that there is substantial likelihood that a third party holds some or all interest in oil, gas, other minerals, or geothermal energy in the property; and (A) That such mineral estate may include the right to enter and use the property without the surface owner's permission. (B) 81 Joint Notice of Privacy Policy of Land Title Guarantee Company Land Title Insurance Corporation and Old Republic National Title Insurancy Company This Statement is provided to you as a customer of Land Title Guarantee Company as agent for Land Title Insurance Corporation and Old Republic National Title Insurance Company. We want you to know that we recognize and respect your privacy expectations and the requirements of federal and state privacy laws. Information security is one of our highest priorities. We recognize that maintaining your trust and confidence is the bedrock of our business. We maintain and regularly review internal and external safeguards against unauthorized access to your non-public personal information ("Personal Information"). In the course of our business, we may collect Personal Information about you from: applications or other forms we receive from you, including communications sent through TMX, our web-based transaction management system; your transactions with, or from the services being performed by us, our affiliates, or others; a consumer reporting agency, if such information is provided to us in connection with your transaction; and The public records maintained by governmental entities that we obtain either directly from those entities, or from our affiliates and non-affiliates. Our policies regarding the protection of the confidentiality and security of your Personal Information are as follows: We restrict access to all Personal Information about you to those employees who need to know that information in order to provide products and services to you. We may share your Personal Information with affiliated contractors or service providers who provide services in the course of our business, but only to the extent necessary for these providers to perform their services and to provide these services to you as may be required by your transaction. We maintain physical, electronic and procedural safeguards that comply with federal standards to protect your Personal Information from unauthorized access or intrusion. Employees who violate our strict policies and procedures regarding privacy are subject to disciplinary action. We regularly assess security standards and procedures to protect against unauthorized access to Personal Information. WE DO NOT DISCLOSE ANY PERSONAL INFORMATION ABOUT YOU WITH ANYONE FOR ANY PURPOSE THAT IS NOT STATED ABOVE OR PERMITTED BY LAW. Consistent with applicable privacy laws, there are some situations in which Personal Information may be disclosed. We may disclose your Personal Information when you direct or give us permission; when we are required by law to do so, for example, if we are served a subpoena; or when we suspect fraudulent or criminal activities. We also may disclose your Personal Information when otherwise permitted by applicable privacy laws such as, for example, when disclosure is needed to enforce our rights arising out of any agreement, transaction or relationship with you. Our policy regarding dispute resolution is as follows: Any controversy or claim arising out of or relating to our privacy policy, or the breach thereof, shall be settled by arbitration in accordance with the rules of the American Arbitration 82 Association, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. 83 Customer Distribution Prevent fraud - Please call a member of our closing team for wire transfer instructions or to initiate a wire transfer. Note that our wiring instructions will never change. Order Number: ABC50074622 Date: 06/03/2025 Property Address: 1031 SOUTH FRONTAGE ROAD, VAIL, CO 81657 For Closing Assistance Closer's Assistant For Title Assistance Katie Kuchler 0030 BENCHMARK ROAD, SUITE 107 AVON, CO 81620 PO BOX 3480 (970) 748-4782 (Work) (866) 358-6634 (Work Fax) kkuchler@ltgc.com Contact License: CO281402 Company License: CO44565 Allison Benoit 0030 BENCHMARK ROAD, SUITE 107 AVON, CO 81620 PO BOX 3480 (970) 748-4798 (Work) (877) 261-1631 (Work Fax) abenoit@ltgc.com Company License: CO44565 Scott Bennetts 5975 GREENWOOD PLAZA BLVD GREENWOOD VILLAGE, CO 80111 (303) 850-4175 (Work) sbennetts@ltgc.com Agent for Seller EAST WEST PARTNERS Attention: KEVIN MURPHY DRAWER 2770 126 RIVERFRONT LANE 5TH FLOOR AVON, CO 81620 (720) 839-6153 (Cell) (970) 845-9200 (Work) (970) 845-7205 (Work Fax) kmurphy@ewpartners.com Delivered via: Electronic Mail 84 Estimate of Title Fees Order Number: ABC50074622 Date: 06/03/2025 Property Address: 1031 SOUTH FRONTAGE ROAD, VAIL, CO 81657 Seller(s): SOHO DEVELOPMENT, LLC, A COLORADO LIMITED LIABILITY COMPANY Buyer(s): A BUYER TO BE DETERMINED Thank you for putting your trust in Land Title. Below is the estimate of title fees for the transaction. The final fees will be collected at closing. Visit ltgc.com to learn more about Land Title. Estimate of Title Insurance Fees "ALTA" Owner's Policy 07-30-21 TBD TOTAL TBD Note: The documents linked in this commitment should be reviewed carefully. These documents, such as covenants conditions and restrictions, may affect the title, ownership and use of the property. You may wish to engage legal assistance in order to fully understand and be aware of the implications of the documents on your property. Chain of Title Documents: Eagle county recorded 08/12/2005 under reception no. 925920 85 Property Address: 1031 SOUTH FRONTAGE ROAD, VAIL, CO 81657 1.Commitment Date: 05/29/2025 at 5:00 P.M. 2.Policy to be Issued and Proposed Insured: "ALTA" Owner's Policy 07-30-21 Proposed Insured: A BUYER TO BE DETERMINED TBD 3.The estate or interest in the land described or referred to in this Commitment and covered herein is: A Fee Simple, as to Parcel 1, An Easement as to Parcel 2 4.The Title is, at the Commitment Date, vested in: SOHO DEVELOPMENT, LLC, A COLORADO LIMITED LIABILITY COMPANY 5.The Land is described as follows: PARCEL 1:​ A PARCEL OF LAND SITUATED IN A PART OF THE NE1/4 OF THE NE1/4 OF SECTION 12, TOWNSHIP 5 SOUTH, RANGE 81 WEST OF THE SIXTH PRINCIPAL MERIDIAN, TOWN OF VAIL, COUNTY OF EAGLE, STATE OF COLORADO, SAID PARCEL BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS;​ BEGINNING AT THE SOUTHWESTERLY CORNER OF TRACT A, SOUTH FRONTAGE ROAD SUBDIVISION, PER THE PLAT THEREOF RECORDED NOVEMBER 6, 2000, UNDER RECEPTION NO. 743424 IN THE OFFICE OF THE EAGLE COUNTY CLERK AND RECORDED, SAID CORNER ALSO BEING ON THE NORTHERLY RIGHT OF WAY OF THE SOUTH FRONTAGE ROAD OF INTERSTATE HIGHWAY NUMBER 70; ​ THENCE ALONG SAID NORTHERLY RIGHT OF WAY SOUTH 73 DEGREES 37 MINUTES 52 SECONDS WEST 200.00 FEET TO THE TRUE POINT OF BEGINNING; ​ THENCE CONTINUING ALONG SAID NORTHERLY RIGHT OF WAY SOUTH 73 DEGREES 37 MINUTES 52 SECONDS WEST 519.60 FEET TO THE POINT OF INTERSECTION OF SAID NORTHERLY RIGHT OF WAY AND THE SOUTHERLY RIGHT OF WAY OF INTERSTATE HIGHWAY NUMBER 70; ​ THENCE DEPARTING SAID NORTHERLY RIGHT OF WAY NORTH 53 DEGREES 51 MINUTES 29 SECONDS EAST 246.03 FEET ALONG THE SOUTHERLY RIGHT OF WAY OF INTERSTATE HIGHWAY NUMBER 70; ​ THENCE CONTINUING ALONG SAID SOUTHERLY RIGHT OF WAY NORTH 58 DEGREES 53 MINUTES 10 SECONDS EAST 247.30 FEET;​ THENCE NORTH 59 DEGREES 28 MINUTES 16 SECONDS EAST 49.07 FEET; ​ THENCE DEPARTING SAID SOUTHERLY RIGHT OF WAY SOUTH 16 DEGREES 51 MINUTES 09 SECONDS EAST 158.18 FEET TO THE TRUE POINT OF BEGINNING.​ PARCEL 2:​ EASEMENT FOR INGRESS AND EGRESS AS CREATED BY COMBINATION RELEASE OF EXISTING EASEMENTS AND CREATION OF NEW CROSS EASEMENT AGREEMENT RECORDED DECEMBER 13, 1989 IN BOOK 519 AT PAGE 619, COUNTY OF EAGLE, STATE OF COLORADO. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule A Order Number:ABC50074622 86 This page is only a part of a 2021 ALTA® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I—Requirements; Schedule B, Part II—Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. Copyright 2021 American Land Title Association. All rights reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule A Order Number:ABC50074622 87 ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part I (Requirements) Order Number: ABC50074622 All of the following Requirements must be met: This proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions. Pay the agreed amount for the estate or interest to be insured. Pay the premiums, fees, and charges for the Policy to the Company. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records. 1.A FULL COPY OF THE FULLY EXECUTED OPERATING AGREEMENT AND ANY AND ALL AMENDMENTS THERETO FOR SOHO DEVELOPMENT, LLC, A COLORADO LIMITED LIABILITY COMPANY MUST BE FURNISHED TO LAND TITLE GUARANTEE COMPANY. SAID AGREEMENT MUST DISCLOSE WHO MAY CONVEY, ACQUIRE, ENCUMBER, LEASE OR OTHERWISE DEAL WITH INTERESTS IN REAL PROPERTY FOR SAID ENTITY. NOTE: ADDITIONAL REQUIREMENTS MAY BE NECESSARY UPON REVIEW OF THIS DOCUMENTATION. 2.DULY EXECUTED AND ACKNOWLEDGED STATEMENT OF AUTHORITY SETTING FORTH THE NAME OF SOHO DEVELOPMENT, LLC, A COLORADO LIMITED LIABILITY COMPANY AS A LIMITED LIABILITY COMPANY. THE STATEMENT OF AUTHORITY MUST STATE UNDER WHICH LAWS THE ENTITY WAS CREATED, THE MAILING ADDRESS OF THE ENTITY, AND THE NAME AND POSITION OF THE PERSON(S) AUTHORIZED TO EXECUTE INSTRUMENTS CONVEYING, ENCUMBERING, OR OTHERWISE AFFECTING TITLE TO REAL PROPERTY ON BEHALF OF THE ENTITY AND OTHERWISE COMPLYING WITH THE PROVISIONS OF SECTION 38-30-172, CRS. NOTE: THE STATEMENT OF AUTHORITY MUST BE RECORDED WITH THE CLERK AND RECORDER. 3.WARRANTY DEED FROM SOHO DEVELOPMENT, LLC, A COLORADO LIMITED LIABILITY COMPANY TO A BUYER TO BE DETERMINED CONVEYING SUBJECT PROPERTY. NOTE: ADDITIONAL REQUIREMENTS OR EXCEPTIONS MAY BE NECESSARY WHEN THE BUYERS NAMES ARE ADDED TO THIS COMMITMENT. COVERAGES AND/OR CHARGES REFLECTED HEREIN, IF ANY, ARE SUBJECT TO CHANGE UPON RECEIPT OF THE CONTRACT TO BUY AND SELL REAL ESTATE AND ANY AMENDMENTS THERETO. 88 Some historical land records contain Discriminatory Covenants that are illegal and unenforceable by law. This Commitment and the Policy treat any Discriminatory Covenant in a document referenced in Schedule B as if each Discriminatory Covenant is redacted, repudiated, removed, and not republished or recirculated. Only the remaining provisions of the document will be excepted from coverage. 1.Any facts, rights, interests, or claims thereof, not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 2.Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 3.Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 4.Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposed by law and not shown by the Public Records. 5.Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date of the proposed insured acquires of record for value the estate or interest or mortgage thereon covered by this Commitment. 6.(a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 7.(a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water. 8.EXISTING LEASES AND TENANCIES, IF ANY. 9.RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES AS RESERVED IN UNITED STATES PATENT RECORDED DECEMBER 29, 1920, IN BOOK 93 AT PAGE 42. 10.RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED DECEMBER 29, 1920, IN BOOK 93 AT PAGE 42. 11.TERMS, CONDITIONS AND PROVISIONS OF COMBINATION RELEASE OF EXISTING EASEMENTS AND CREATION OF NEW CROSS EASEMENT AGREEMENT RECORDED DECEMBER 13, 1989 IN BOOK 519 AT PAGE 619. 12.EASEMENT AS GRANTED TO PUBLIC SERVICE COMPANY OF COLORADO IN INSTRUMENT RECORDED AUGUST 31, 1993 IN BOOK 618 AT PAGE 291. 13.LACK OF A DIRECT ACCESS ON AND TO INTERSTATE HIGHWAY 70, WHICH ABUTS SUBJECT PROPERTY. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part II (Exceptions) Order Number: ABC50074622 89 ALTA Commitment For Title Insurance issued by Old Republic National Title Insurance Company NOTICE IMPORTANT—READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT. THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION, OPINION OF TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE COMPANY TO DETERMINE INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE PROPRIETARY TO THE COMPANY, WERE PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE NO EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUDING A PROPOSED INSURED. THE COMPANY’S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED IDENTIFIED IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE COMPANY HAS NO LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER PERSON. . COMMITMENT TO ISSUE POLICY Subject to the Notice; Schedule B, Part I—Requirements; Schedule B, Part II—Exceptions; and the Commitment Conditions ,Old Republic National Title Insurance Company, a Minnesota corporation (the “Company”), commits to issue the Policy according to the terms and provisions of this Commitment. This Commitment is effective as of the Commitment Date shown in Schedule A for each Policy described in Schedule A, only when the Company has entered in Schedule A both the specified dollar amount as the Proposed Amount of insurance and the name of the Proposed Insured. If all of the Schedule B, Part I—Requirements have not been met within 6 months after the Commitment Date, this Commitment terminates and the Company’s liability and obligation end. COMMITMENT CONDITIONS 1. DEFINITIONS 2. If all of the Schedule B, Part I—Requirements have not been met within the time period specified in the Commitment to Issue Policy, Commitment terminates and the Company’s liability and obligation end. 3. The Company’s liability and obligation is limited by and this Commitment is not valid without: 4. COMPANY’S RIGHT TO AMEND The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien, encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the Company is limited by Commitment Condition 5. The Company is not liable for any other amendment to this Commitment. 5. LIMITATIONS OF LIABILITY i. comply with the Schedule B, Part I—Requirements; ii. eliminate, with the Company’s written consent, any Schedule B, Part II—Exceptions; or iii. acquire the Title or create the Mortgage covered by this Commitment. “Discriminatory Covenant”: Any covenant, condition, restriction, or limitation that is unenforceable under applicable law because it illegally discriminates against a class of individuals based on personal characteristics such as race, color, religion, sex, sexual orientation, gender identity, familial status, disability, national origin, or other legally protected class. (a) “Knowledge” or “Known”: Actual knowledge or actual notice, but not constructive notice imparted by the Public Records.(b) “Land”: The land described in item 5 of Schedule A and affixed improvements located on that land that by State law constitute real property. The term “Land” does not include any property beyond that described in Schedule A, nor any right, title, interest, estate, or easement in any abutting street, road, aavenue, alley, lane, right-of-way, body of water, or waterway, but does not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy. (c) “Mortgage”: A mortgage, deed of trust, trust deed, security deed, or other real property security instrument, including one evidenced by electronic means authorized by law. (d) “Policy”: Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued by the Company pursuant to this Commitment. (e) “Proposed Amount of Insurance”: Each dollar amount specified in Schedule A as the Proposed Amount of Insurance of each Policy to be issued pursuant to this Commitment. (f) “Proposed Insured”: Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this Commitment.(g) “Public Records”: The recording or filing system established under State statutes in effect at the Commitment Date under which a document must be recorded or filed to impart constructive notice of matters relating to the TItle to a purchaser for value without Knowledge. The term “Public Records” does not include any other recording or filing system, including any pertaining to environmental remediation or protection, planning, permitting, zoning, licensing, building, health, public safety, or national security matters. (h) “State”: The state or commonwealth of the United States within whose exterior boundaries the Land is located. The term “State” also includes the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and Guam. (i) “Title”: The estate or interest in the Land identified in Item 3 of Schedule A.(j) the Notice;(a) the Commitment to Issue Policy;(b) the Commitment Conditions;(c) Schedule A;(d) Schedule B, Part I—Requirements; and(e) Schedule B, Part II—Exceptions; and(f) a counter-signature by the Company or its issuing agent that may be in electronic form.(g) The Company’s liability under Commitment Condition 4 is limited to the Proposed Insured’s actual expense incurred in the interval between the Company’s delivery to the Proposed Insured of the Commitment and the delivery of the amended Commitment, resulting from the Proposed Insured’s good faith reliance to: (a) The Company is not liable under Commitment Condition 5(a) if the Proposed Insured requested the amendment or had Knowledge of the matter and did not notify the Company about it in writing. (b) The Company is only liable under Commitment Condition 4 if the Proposed Insured would not have incurred the expense had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured. (c) The Company’s liability does not exceed the lesser of the Proposed Insured’s actual expense incurred in good faith and described in Commitment Condition 5(a) or the Proposed Amount of Insurance. (d) The Company is not liable for the content of the Transaction Identification Data, if any.(e) The Company is not obligated to issue the Policy referred to in this Commitment unless all of the Schedule B, Part I—Requirements have been met to the satisfaction of the Company. (f) 90 6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT. CHOICE OF LAW AND CHOICE OF FORUM 7. IF THIS COMMITMENT IS ISSUED BY AN ISSUING AGENT The issuing agent is the Company’s agent only for the limited purpose of issuing title insurance commitments and policies. The issuing agent is not the Company’s agent for the purpose of providing closing or settlement services. 8. PRO-FORMA POLICY The Company may provide, at the request of a Proposed Insured, a pro-forma policy illustrating the coverage that the Company may provide. A pro-forma policy neither reflects the status of Title at the time that the pro-forma policy is delivered to a Proposed Insured, nor is it a commitment to insure. 9. CLAIMS PROCEDURES This Commitment incorporates by reference all Conditions for making a claim in the Policy to be issued to the Proposed Insured. Commitment Condition 9 does not modify the limitations of liability in Commitment Conditions 5 and 6. 10. CLASS ACTION ALL CLAIMS AND DISPUTES ARISING OUT OF OR RELATING TO THIS COMMITMENT, INCLUDING ANY SERVICE OR OTHER MATTER IN CONNECTION WITH ISSUING THIS COMMITMENT, ANY BREACH OF A COMMITMENT PROVISION, OR ANY OTHER CLAIM OR DISPUTE ARISING OUT OF OR RELATING TO THE TRANSACTION GIVING RISE TO THIS COMMITMENT, MUST BE BROUGHT IN AN INDIVIDUAL CAPACITY. NO PARTY MAY SERVE AS PLAINTIFF, CLASS MEMBER, OR PARTICIPANT IN ANY CLASS OR REPRESENTATIVE PROCEEDING. ANY POLICY ISSUED PURSUANT TO THIS COMMITMENT WILL CONTAIN A CLASS ACTION CONDITION. 11. ARBITRATION The Policy contains an arbitration clause. All arbitrable matters when the Proposed Amount of insurance is $2,000,000 or less may be arbitrated at the election of either the Company or the Proposed Insured as the exclusive remedy of the parties. A Proposed Insured may review a copy of the arbitration rules at http://www.alta.org/arbitration IN WITNESS WHEREOF, Old Republic National Title Insurance Company has caused its corporate name and seal to be affixed by its duly authorized officers on the date shown in Schedule A to be valid when countersigned by a validating officer or other authorized signatory. Issued by: Land Title Guarantee Company 3033 East First Avenue Suite 600 Denver, Colorado 80206 303-321-1880 Craig B. Rants, Senior Vice President This page is only a part of a 2021 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I—Requirements; and Schedule B, Part II —Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. Copyright 2021 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. The Company’s liability is further limited by the terms and provisions of the Policy to be issued to the Proposed Insured.(g) Only a Proposed Insured identified in Schedule A, and no other person, may make a claim under this Commitment.(a) Any claim must be based in contract under the State law of the State where the Land is located and is restricted to the terms and provisions of this Commitment. Any litigation or other proceeding brought by the Proposed Insured against the Company must be filed only in a State or federal court having jurisdiction (b) This Commitment, as last revised, is the exclusive and entire agreement between the parties with respect to the subject matter of this Commitment and supersedes all prior commitment negotiations, representations, and proposals of any kind, whether written or oral, express or implied, relating to the subject matter of this Commitment. (c) The deletion or modification of any Schedule B, Part II—Exception does not constitute an agreement or obligation to provide coverage beyond the terms and provisions of this Commitment or the Policy. (d) Any amendment or endorsement to this Commitment must be in writing and authenticated by a person authorized by the Company.(e) When the Policy is issued, all liability and obligation under this Commitment will end and the Company’s only liability will be under the Policy.(f) 91 Land Title Guarantee Company Disclosure Statements Note: Pursuant to CRS 10-11-122, notice is hereby given that: Note: Effective September 1, 1997, CRS 30-10-406 requires that all documents received for recording or filing in the clerk and recorder's office shall contain a top margin of at least one inch and a left, right and bottom margin of at least one half of an inch. The clerk and recorder may refuse to record or file any document that does not conform, except that, the requirement for the top margin shall not apply to documents using forms on which space is provided for recording or filing information at the top margin of the document. Note: Colorado Division of Insurance Regulations 8-1-2 requires that "Every title entity shall be responsible for all matters which appear of record prior to the time of recording whenever the title entity conducts the closing and is responsible for recording or filing of legal documents resulting from the transaction which was closed". Provided that Land Title Guarantee Company conducts the closing of the insured transaction and is responsible for recording the legal documents from the transaction, exception number 5 will not appear on the Owner's Title Policy and the Lenders Policy when issued. Note: Affirmative mechanic's lien protection for the Owner may be available (typically by deletion of Exception no. 4 of Schedule B, Section 2 of the Commitment from the Owner's Policy to be issued) upon compliance with the following conditions: No coverage will be given under any circumstances for labor or material for which the insured has contracted for or agreed to pay. Note: Pursuant to CRS 10-11-123, notice is hereby given: The Subject real property may be located in a special taxing district.(A) A certificate of taxes due listing each taxing jurisdiction will be obtained from the county treasurer of the county in which the real property is located or that county treasurer's authorized agent unless the proposed insured provides written instructions to the contrary. (for an Owner's Policy of Title Insurance pertaining to a sale of residential real property). (B) The information regarding special districts and the boundaries of such districts may be obtained from the Board of County Commissioners, the County Clerk and Recorder, or the County Assessor. (C) The land described in Schedule A of this commitment must be a single family residence which includes a condominium or townhouse unit. (A) No labor or materials have been furnished by mechanics or material-men for purposes of construction on the land described in Schedule A of this Commitment within the past 6 months. (B) The Company must receive an appropriate affidavit indemnifying the Company against un-filed mechanic's and material-men's liens. (C) The Company must receive payment of the appropriate premium.(D) If there has been construction, improvements or major repairs undertaken on the property to be purchased within six months prior to the Date of Commitment, the requirements to obtain coverage for unrecorded liens will include: disclosure of certain construction information; financial information as to the seller, the builder and or the contractor; payment of the appropriate premium fully executed Indemnity Agreements satisfactory to the company, and, any additional requirements as may be necessary after an examination of the aforesaid information by the Company. (E) 92 This notice applies to owner's policy commitments disclosing that a mineral estate has been severed from the surface estate, in Schedule B-2. Note: Pursuant to CRS 10-1-128(6)(a), It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory Agencies. Note: Pursuant to Colorado Division of Insurance Regulations 8-1-3, notice is hereby given of the availability of a closing protection letter for the lender, purchaser, lessee or seller in connection with this transaction. Note: Pursuant to CRS 24-21-514.5, Colorado notaries may remotely notarize real estate deeds and other documents using real-time audio-video communication technology. You may choose not to use remote notarization for any document. That there is recorded evidence that a mineral estate has been severed, leased, or otherwise conveyed from the surface estate and that there is substantial likelihood that a third party holds some or all interest in oil, gas, other minerals, or geothermal energy in the property; and (A) That such mineral estate may include the right to enter and use the property without the surface owner's permission. (B) 93 Joint Notice of Privacy Policy of Land Title Guarantee Company Land Title Insurance Corporation and Old Republic National Title Insurancy Company This Statement is provided to you as a customer of Land Title Guarantee Company as agent for Land Title Insurance Corporation and Old Republic National Title Insurance Company. We want you to know that we recognize and respect your privacy expectations and the requirements of federal and state privacy laws. Information security is one of our highest priorities. We recognize that maintaining your trust and confidence is the bedrock of our business. We maintain and regularly review internal and external safeguards against unauthorized access to your non-public personal information ("Personal Information"). In the course of our business, we may collect Personal Information about you from: applications or other forms we receive from you, including communications sent through TMX, our web-based transaction management system; your transactions with, or from the services being performed by us, our affiliates, or others; a consumer reporting agency, if such information is provided to us in connection with your transaction; and The public records maintained by governmental entities that we obtain either directly from those entities, or from our affiliates and non-affiliates. Our policies regarding the protection of the confidentiality and security of your Personal Information are as follows: We restrict access to all Personal Information about you to those employees who need to know that information in order to provide products and services to you. We may share your Personal Information with affiliated contractors or service providers who provide services in the course of our business, but only to the extent necessary for these providers to perform their services and to provide these services to you as may be required by your transaction. We maintain physical, electronic and procedural safeguards that comply with federal standards to protect your Personal Information from unauthorized access or intrusion. Employees who violate our strict policies and procedures regarding privacy are subject to disciplinary action. We regularly assess security standards and procedures to protect against unauthorized access to Personal Information. WE DO NOT DISCLOSE ANY PERSONAL INFORMATION ABOUT YOU WITH ANYONE FOR ANY PURPOSE THAT IS NOT STATED ABOVE OR PERMITTED BY LAW. Consistent with applicable privacy laws, there are some situations in which Personal Information may be disclosed. We may disclose your Personal Information when you direct or give us permission; when we are required by law to do so, for example, if we are served a subpoena; or when we suspect fraudulent or criminal activities. We also may disclose your Personal Information when otherwise permitted by applicable privacy laws such as, for example, when disclosure is needed to enforce our rights arising out of any agreement, transaction or relationship with you. Our policy regarding dispute resolution is as follows: Any controversy or claim arising out of or relating to our privacy policy, or the breach thereof, shall be settled by arbitration in accordance with the rules of the American Arbitration 94 Association, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. 95 Exhibit C – Adjacent Property Owners 1. Vail Corp 390 Interlocken Crescent Suite 1000 Broomfield, CO 80021 2. Town of Vail c/o Finance Department 75 South Frontage Road W Vail, CO 81657 96 Exhibit D – Vicinity Map (Property Lines Approximate Only) 97 Present:Robert N Lipnick Robert N Lipnick Brad Hagedorn David N Tucker Craig H Lintner Jr John Rediker John Rediker William A Jensen William A Jensen Absent:Robyn Smith Robyn Smith 1.Virtual Link Register to attend the Planning and Environmental Commission meeting. Once registered, you will receive a confirmation email containing information about joining this webinar. 2.Call to Order 3.Worksession 3.1 PEC Rules of Order Discussion 4.Main Agenda Planner: Heather Knight Applicant Name: Vail Corp, Soho Development, and East West Partners Time: 30 min. 4.1 A request for a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 1000 S Frontage Rd W, Glen Lyon Subdivision, Parcel ID#2103-121-09-003 from the SDD #4 Zone District to the Lionshead Mixed Use 2 (LMU-2) Zone District; 1031 S Frontage Rd W, Parcel ID# 2103-121-00-004, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District; and, 953 S Frontage Rd W, Parcel ID# 2103-121-00-002, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District. (PEC25-0033). Time Stamp: 0:1:00 Planner Knight gives a presentation. She walks through the zoning standards. Staff finds that the criteria are met and are recommending approval. Hagedorn, is there any other Arterial Business zoning in Town? Knight says no, this is the last one. Kevin Murphy is representing the applicant, East West Partners, Vail Corp, and Soho Development. Planning and Environmental Commission Minutes Monday, October 27, 2025 1:00 PM Vail Town Council Chambers West Lionshead Rezone Staff Memo.pdf PEC25-0033_Attachment A. Vicinity Map.pdf PEC25-0033_Attachment B. Applicant Narrative.pdf PEC25-0033_Attachment C. Resolution No.36, Series of 2025.pdf 1 Planning and Environmental Commission Meeting Minutes of October 27, 2025 98 Murphy gives a presentation. Rediker asks about a previous application for this property. Knight says the rezoning had an expiration date listed in the ordinance, the frontage road was not relocated, the rezoning didn’t happen. Rediker, is there a reason why we’re not conditioning it this time around? Knight, it makes sense from a zoning perspective, we haven’t seen anything related to the development plan yet, just the master plan. Hagedorn, timeline for next steps? Murphy, talks about the timeline, working with the Town and highway administration. Rediker asks for public comment. No public comment, public comment closed. Rediker asks for commissioner comment. Jensen believes it makes sense given the overall potential for the site, is supportive of it. Lintner agrees with Jensen, it is a logical request. Hagedorn believes it meets the criteria. It has already been approved once before, anytime we can get rid of an SDD he is for it, this gets rid of Arterial Business District all together. Lipnick says it meets the criteria and no other questions. Tucker, no comment, supports recommendations. Rediker agrees with staff analysis in memo. The criteria are met. Planner: Matt Gennett Applicant Name: Town of Vail, represented by Matt Gennett Time: 30 min. 4.2 A request for a recommendation to the Vail Town Council for prescribed regulations amendments to Title 12, Zoning Regulations, Article 7B: Commercial Core 1 (CC1) District; Article 7C: Commercial Core 2 (CC2) Zone District; Article 7H: Lionshead Mixed Use 1 (LMU-1) Zone District; and, Article 7I: Lionshead Mixed Use 2 (LMU-2) Zone District, pursuant to Section 12-3-7, Amendments, Vail Town Code, to add language regarding conversions of existing eating and drinking establishments. (PEC25-0034) Timestamp: 0:25:40 Community Development Director Matt Gennett gives a presentation. He talks about the emergency ordinance that was passed earlier this year. Gennett, in the future staff will be looking at updates to Title 12 to improve efficiency, update outdated references, processes, etc.. Robert N Lipnick made a motion to forward a recommendation of approval with the findings on page 16 of the staff memo; David N Tucker seconded the motion Passed (6 - 0). PEC25-0034_Staff Memo.pdf PEC25-0034_Attachment A.pdf 2 Planning and Environmental Commission Meeting Minutes of October 27, 2025 99 Rediker, are there examples from other communities who have passed similar ordinances? Gennett, our legal firm researched other communities and case law, felt this was the most responsible way to handle it. Rediker, is restricting commercial uses on private property something that’s legal? Can the Town pass this type of ordinance? Gennett, the legal advice we’ve gotten thus far is yes, in this way we can. It is limited to four zone districts, not property or site specific Hagedorn, are we trying to solve a problem that doesn’t exist? This seems to be a knee jerk reaction over one or two high profile examples, hasn’t seen data that we’re losing vibrancy in the core. Gennett, I don’t think we do have data that would point to a trends that exists today, the intention is to look forward. Hagedorn, this seems to be addressing a symptom not a cause. It is trying to put a bandaid over a larger underlying cause. He brings up other possible solutions. Gennett, that has come up. What type of deed restriction or public subsidy could be proposed and applied to retain these types of businesses that the Town finds valuable? Hagedorn, it’s on applicant to prove there’s no net loss but you’re not doing a snapshot right now? Gennett, it’s on a case-by-case basis. We don’t see a lot of applications for conversions for eating and drinking to another use but that’s when this process would begin. Hagedorn, were buildings notified that have these commercial spaces? Gennett, not necessarily, it went through the standard notification process. He believes they are aware. Jensen, would this give developers cause to preclude building a new restaurant as it locks them into that requirement? Gennett, it could have that effect, that is a valid question. Lintner, how did you arrive at 18-month number? Gennett, we looked at a couple options, this is a placeholder for discussion like we’re having now. We’re working with legal counsel, they used that as a baseline based on their research. Lintner, it would be helpful to see a written summary of other jurisdictions where this was successful in terms of enforcement. Gennett, we don’t know of other communities that have done this specific thing. Rediker, what specific concerns did Town Council have about losing vibrancy? Or are they trying to be proactive? Gennett, it is the latter. Looking at Lionshead particularly in the summer months a lot of those larger retail spaces are closed. It’s also a result of Town visits to peer resort communities with lively bar/restaurant operations close to the slopes. Jensen can argue both ways for 18 months. It’s painful to see a space empty, but sometimes landlords can work around it. More supportive of the 18 than shortening it. 3 Planning and Environmental Commission Meeting Minutes of October 27, 2025 100 Gennett and Tucker discuss retail establishments with food and beverage opportunities. Gennett, this is really about the experience, tax revenue is not the primary motivator. We would have to discuss with Council what would be a reasonable fee for a conversion application. Jensen believes it is vibrancy that Council is concerned about. In the Los Amigos example it was a watering hole for 40 years, now it’s continuing to be a restaurant with a different approach. Probably not a change in tax revenue, but maybe a change in vibrancy. Gennett agrees it is a different vibe. Rediker, unfortunately this ordinance doesn’t do anything to address the Los Amigos situation. Not just for guests, locals want that vibrancy as well. Rediker, would this stymie opportunities to convert retail to restaurants because property owners don’t want to lock themselves into that? Gennett, there is an appeal process if a conversion permit is denied. Rediker asks for public comment. Dominic Mauriello, on behalf of the Evergreen and Concert Hall Plaza and as a planner. He has suggested language that could be added here. He emailed the PEC this morning. Why are we here and why so quickly? There’s a mandate coming that tells staff get this ordinance done, but they’re going off this knee jerk reaction. Most communities would spend a lot of money and time doing a study. Here we don’t know what is the recommended mix for Vail, what is the sweet spot? Another observation is how many examples have you seen of restaurants being replaced by another use, is this actually a trend? Really it has been the other way around, there’s not proof that this trend is happening. There’s so much complexity about this, that I don’t think that it’s ripe yet. Staff is under pressure to get something to Council for a vote. This is the worst legislation he has seen, but it could be improved with some changes. Mauriello continues: staff has the opinion on demo/rebuild projects that it doesn’t apply, but why not have a sentence in this ordinance making this clear. There are unintended consequences, what owner will ever convert to a restaurant, you’ve taken 30 uses and now you have one. This probably doesn’t meet the threshold of a taking but it gets close. Restaurants are a risky business; pretty sure nobody is going to want to convert to this use knowing that is the only option in the future. Proposed – if I have another use today and want to convert it after Nov. 18th I can do that knowing that I can convert it back. That would alleviate one of the biggest consequences which is screwing up the marketplace. The high end businesses you see in Vail are a product of who our customers are. You should give a lot of input, staff should come back and you should craft an ordinance that works. There is a mandate that is really unfortunate. Mauriello talks about scenarios between a restaurant tenant and landlord. The appeal process doesn’t give you what you think and can you get a variance from this section? Suggests that the PEC table this item. Recommends two updates to the language: including language exempting existing approvals like staff says, and to make it so future changes from retail to restaurant can go back to retail. Brain Judge, raises a concern on the general idea of no net loss. If we’re moving forward with this, the quality of that loss is not well defined. Taking something that may be street level and putting it on an upper floor doesn’t really do the same thing. This doesn’t talk much about the enhancement or betterment of the districts that they are in, not very well defined. Some of the comments were talking about conversion, but we can agree that a loss of all the restaurants in Vail Village would change that area. Maybe we’re rushing to a decision quickly and more thought could be put into this. Rediker brings up public comment about stifling conversions from retail to restaurants, and the other is exempting existing approvals. Has staff considered this? Gennett, we wanted to make sure our considerations and thoughts were heard in public. That is 4 Planning and Environmental Commission Meeting Minutes of October 27, 2025 101 something at your discretion to add language to a recommendation. The exemptions one makes sense and is something staff generally agrees with. The conversion is something Council should discuss. Rediker you don’t see a conflict with these suggestions? Gennett doesn’t see one. They were approved under existing zoning, not the proposed. Legal may have believed it was implied but doesn’t see harm in spelling that out. Jensen talks about the real estate along Bridge St. Is demo/rebuild excluded from having to put back a restaurant? Gennett confirms. Hagedorn, that seems counter-intuitive to the goals. Gennett, we will have to start looking at that square footage analysis if this is passed. Mauriello, there are other ways to deal with this. Could change uses, have an overlay district, talks about options with permitted uses and conditional uses. George Ruther on behalf of his client, Red Lion. Asks for clarification about demo/rebuild situation. Believe there are some additional issues that need to be resolved here, but client has been waiting over six months to get their application moving. Public comment closed. Rediker asks for commissioner comment. Hagedorn, this is half-baked, not a personal critique of staff. There is not a condition that would make him comfortable with this. He is not comfortable with this level of government intervention, this is all stick and no carrot. This does nothing to address the affordability issue, it’s addressing the symptom and not the root cause. We need to talk about other ways to address this. Suggests other potential financing and incentive solutions. This is not the right way, nothing to get him to support today. Lipnick is still bothered by Council wanting it approved by Nov. 18th. That’s not what is in their best interest. Not in support of this application. Tucker agrees. This opens up a can of worms with unintended consequences. There are better way to go about this with more collaboration with stakeholders. Lintner agrees. This is well intended, understands the end goal but putting it forth in this way is all stick no carrot and could have negative impacts. If this issue is going to be addressed, we need to look at it with more of a long-term approach. Jensen agrees. Understands the intent but with the language and process and speed of this, it is not baked yet. Rediker shares Council concerns about protecting and encouraging vibrancy through restaurants. Appreciates that Council is trying to be proactive, but there is a lack of evidence that there is a problem. To support, at minimum would need some language changes. Agrees with Mauriello on the two items of suggested languages, supportive of those changes. We have to look at this 18 month language. The idea of restricting uses, is that the direction we want to go in general? Very concerned about restricting an owner’s uses, wish there were other ways for the Town to encourage and support the restaurant community. There needs to be further conversation and discussion. We haven’t heard from any property owners, surprised about that. Can get behind the concept, but not ready at this point, this needs changes. We’re not getting community input or discussion, concerned that there are business owners out there who were not hearing from. Does share Councils concerns and appreciates that they’re trying to be proactive. 5 Planning and Environmental Commission Meeting Minutes of October 27, 2025 102 Gennett, respectfully we are looking for a vote. Planner: Cole Michaelsen Applicant Name: Town of Vail Time: 45 min 4.3 A request for the review of a Conditional Use Permit, pursuant to Section 12-9C-3, Conditional Use Permits, Vail Town Code, to allow for a restaurant at Vail Transit Center, pursuant to Section 12-16, Conditional Use Permits, Vail Town Code located at 241 East Meadow Drive/Tract B & C, Vail Village Filing 1, and setting forth details in regard thereto. (PEC25-0035) Timestamped 1.48:15 Planner Michaelson gives a presentation. Kathleen Halloran, deputy Town Manager, talks about operations. There is no active cooking on the site. This will be servicing transit users, we’ve seen a big increase in use coming into the Vail Transit Center. The intent is provide an amenity for these folks. Lipnick, will the café be enclosed? Halloran, the public would only see the window service on the interior and also the exterior window. Jensen, who is paying the TI costs of improving this space? Halloran, council approved anything in the space would be the responsibility of the café owner. Jensen, hopes there is enough revenue to sustain the business to coincide with the demand. Halloran, hours in the winter would be 7:30am to 4-5pm, it wouldn’t continue into dinner. Jensen, what is the desire or intent to move forward with this? Halloran, one was to activate the space. Also to provide an amenity as the transportation numbers and ridership has gone up. Tucker asks about interior floor plans. Halloran, the Town is planning on heavy furniture that will detract from it getting moved. Rediker asks for public comment. No comment, public comment closed. Commissioner comment. Brad Hagedorn made a motion to forward a recommendation of denial. If Council considers approval they should consider the two suggested changes for added language as discussed today.; Robert N Lipnick seconded the motion (6 - 0). PEC25-0035 Staff Memo.pdf PEC25-0035_Attachment A. Vail Village Filing 1 - Tracts B and C Vicinty Map.pdf PEC25-0035_Attachment B. Applicant Narrative.pdf PEC25-0035_Attachment C. Vail Transportation Center Floor Plan.pdf PEC25-0035_Attachment D. Proposed and Existing Photos.pdf 6 Planning and Environmental Commission Meeting Minutes of October 27, 2025 103 Tucker, happy to see this opportunity. Jensen commends Town for having a modest rent. It will be interesting to see if hours of operation and rent allows this to be a viable year round activity there. Rediker, agrees with staff that the criteria are met. Generally thinks this is a good idea to activate that space. 5.Approval of Minutes 5.1 PEC Minutes 10-13-25 6.Information Update Staff and PEC discusses measures to improve the timeliness and efficiency of meetings. Gennett, in Title 3 it says commissions shall adopt rules for business of the meetings. As the first order of business, the officer can set forth the rules. Or you can have a standard set of rules that you choose to deviate from. Discussion on limiting time for presentations, much of it is in the packet. Rediker, leaning towards consistent rules of order, create expectations and a pattern of how it will be conducted. Rediker, commissioners will need to be prepared. We have a good commission in that regard. PEC agrees on setting a consistent rules of order for every meeting. Roy, we’ll draft something up. 7.Adjournment David N Tucker made a motion to Approve with the conditions on pg. 9 of the staff memo and the findings on pg. 9 & 10. ; Brad Hagedorn seconded the motion Passed (6 - 0). Robert N Lipnick made a motion to Approve with the condition and findings on page 9 and 10; Brad Hagedorn seconded the motion Passed (5 - 0). PEC_Results_10-13-25.pdf William A Jensen made a motion to Approve ; Brad Hagedorn seconded the motion Passed (4 - 0). Brad Hagedorn made a motion to Adjourn ; David N Tucker seconded the motion Passed (6 - 0). 7 Planning and Environmental Commission Meeting Minutes of October 27, 2025 104 STAFF PRESENTATION Heather Knight, Planner II PEC25-0033 Zone District Boundary Amendment West Lionshead 105 Vicinity Map Town of Vail | PEC25-0033 | vailgov.com 106 Description of Request Town of Vail | PEC25-0033 | vailgov.com •The parcel located at 1000 S Frontage Rd W currently falls within Special Development District (SDD) No. 4, Cascade; there is no underlying zoning. •Removing this parcel from the SDD will formally quantify zoning standards and create consistency to area. •1031 S Frontage Rd W and 953 S Frontage Rd W are currently zoned as the Arterial Business (ABD) Zone District. •Residential and lodging uses are not permitted in the ABD zone district, nor are they considered a conditional use. •Rezoning to LMU-2 provides opportunities for multi-family residential and accommodation units as a wider variety of tourist-related and resident-related uses are permitted under the LMU-2 zone district than in the ABD zone district. 107 Previous Approvals Town of Vail | PEC25-0033 | vailgov.com Ordinance No. 7, Series of 2011, approved by the Vail Town Council in 2012, authorized the rezoning of the subject parcels to the LMU-2 zoning district. A condition of this rezoning approval was the relocation of the frontage road within a specified time frame. Since the required relocation of the frontage road did not occur within that period, the rezoning never became effective, and the ordinance has since expired. The Lionshead Redevelopment Master Plan was amended and approved by the PEC and the Vail Town Council in 2025 as Resolution No. 36, Series of 2025. The updates aligned the proposed redevelopment and land uses of the area to the Lionshead Redevelopment Master Plan. 108 Why LMU-2? Town of Vail | PEC25-0033 | vailgov.com •The entirety of Lionshead is zoned either Lionshead Mixed Use 1 (LMU-1) or Lionshead Mixed Use 2 (LMU-2) and rezoning these sites to LMU-2 further adds to the overall continuity of Lionshead area. •This zone district was specifically developed to provide incentives for properties to redevelop. The ultimate goal of these incentives is to create an economically vibrant lodging, housing and commercial core area. •Redevelopment would meet the goals of the Lionshead Redevelopment Master Plan, which includes residential, lodging and commercial development that benefits both the visitor and permanent resident alike. 109 Lionshead zoning map Town of Vail | PEC25-0033 | vailgov.com 110 Zoning Standards Town of Vail | PEC25-0033 | vailgov.com Standard Arterial Business District Proposed Lionshead Mixed Use 2 district Setbacks Adjacent to frontage road - a maximum of 60% of the length of the setback may be kept to the minimum 15 foot distance from the property line. The remaining 40% of the length of the setback shall be 20 feet or more distant from the property line. Side – 15’ where bldg. height is less than 20’; 20’ where bldg. height is over 20’ Rear – 10’ Front – 10’ Side – 10’ Rear – 10’ Unless otherwise specified in the Lionshead Redevelopment Master Plan as a build-to line Maximum Height No more than 70% of the roof area may exceed 32’ and none of the area may exceed 40’ Maximum average building height of 71 feet with a maximum height of 82.5 feet, as further defined by the Lionshead Redevelopment Master Plan. Density 60 sf of GRFA per 100 sf of buildable site area 35 dwelling units/acre GRFA None permitted 250 sf of GRFA for each 100 sf of buildable site area Site Coverage maximum 60% of site area 70% of site area Commercial Floor Area Not more than seventy five one-hundredths floor area ratio (FAR) shall be permitted on any site or lot. Unlimited Minimum Landscaping 25% of the site area 20% of the site area Parking Per 12-10-10; No drives, parking or loading areas are permitted in the front setback except for the ingress and egress drive. Per 12-10-10; at least 50% of required parking shall be located within the main building 111 Zoning Standards Town of Vail | PEC25-0033 | vailgov.com Standard Arterial Business District Proposed Lionshead Mixed Use 2 district Setbacks Adjacent to frontage road - a maximum of 60% of the length of the setback may be kept to the minimum 15 foot distance from the property line. The remaining 40% of the length of the setback shall be 20 feet or more distant from the property line. Side – 15’ where bldg. height is less than 20’; 20’ where bldg. height is over 20’ Rear – 10’ Front – 10’ Side – 10’ Rear – 10’ Unless otherwise specified in the Lionshead Redevelopment Master Plan as a build-to line Maximum Height No more than 70% of the roof area may exceed 32’ and none of the area may exceed 40’ Maximum average building height of 71 feet with a maximum height of 82.5 feet, as further defined by the Lionshead Redevelopment Master Plan. Density 60 sf of GRFA per 100 sf of buildable site area 35 dwelling units/acre GRFA None permitted 250 sf of GRFA for each 100 sf of buildable site area Site Coverage maximum 60% of site area 70% of site area Commercial Floor Area Not more than seventy five one-hundredths floor area ratio (FAR) shall be permitted on any site or lot. Unlimited Minimum Landscaping 25% of the site area 20% of the site area Parking Per 12-10-10; No drives, parking or loading areas are permitted in the front setback except for the ingress and egress drive. Per 12-10-10; at least 50% of required parking shall be located within the main building Standard Arterial Business District Proposed Lionshead Mixed Use 2 district Setbacks Adjacent to frontage road - a maximum of 60% of the length of the setback may be kept to the minimum 15 foot distance from the property line. The remaining 40% of the length of the setback shall be 20 feet or more distant from the property line. Side – 15’ where bldg. height is less than 20’; 20’ where bldg. height is over 20’ Rear – 10’ Front – 10’ Side – 10’ Rear – 10’ Unless otherwise specified in the Lionshead Redevelopment Master Plan as a build-to line Maximum Height No more than 70% of the roof area may exceed 32’ and none of the area may exceed 40’ Maximum average building height of 71 feet with a maximum height of 82.5 feet, as further defined by the Lionshead Redevelopment Master Plan. Density 60 sf of GRFA per 100 sf of buildable site area 35 dwelling units/acre GRFA None permitted 250 sf of GRFA for each 100 sf of buildable site area Site Coverage maximum 60% of site area 70% of site area Commercial Floor Area Not more than seventy five one-hundredths floor area ratio (FAR) shall be permitted on any site or lot. Unlimited Minimum Landscaping 25% of the site area 20% of the site area Parking Per 12-10-10; No drives, parking or loading areas are permitted in the front setback except for the ingress and egress drive. Per 12-10-10; at least 50% of required parking shall be located within the main building 112 Criteria for Review Town of Vail | PEC25-0033 | vailgov.com 1.The extent to which the zone district amendment is consistent with all the applicable elements of the adopted goals, objectives and policies outlined in the Vail comprehensive plan and is compatible with the development objectives of the town. 2.The extent to which the zone district amendment is suitable with the existing and potential land uses on the site and existing and potential surrounding land uses as set out in the town's adopted planning documents. 3.The extent to which the zone district amendment presents a harmonious, convenient, workable relationship among land uses consistent with municipal development objectives. 4.The extent to which the zone district amendment provides for the growth of an orderly viable community and does not constitute spot zoning as the amendment serves the best interests of the community as a whole. 5.The extent to which the zone district amendment results in adverse or beneficial impacts on the natural environment, including, but not limited to, water quality, air quality, noise, vegetation, riparian corridors, hillsides and other desirable natural features. 6.The extent to which the zone district amendment is consistent with the purpose statement of the proposed zone district. 7.The extent to which the zone district amendment demonstrates how conditions have changed since the zoning designation of the subject property was adopted and is no longer appropriate. Staff finds the above criteria to be met. 113 Staff Recommendation Town of Vail | PEC25-0033 | vailgov.com Based upon the review of the criteria outlined in Section Vl of this memorandum and the evidence and testimony presented, the Community Development Department recommends the Planning and Environmental Commission forwards a recommendation of approval to the Vail Town Council The Planning and Environmental Commission recommends approval to the Vail Town Council for a for a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 1000 S Frontage Rd Wfrom the SDD #4 Zone District to the Lionshead Mixed Use 2 (LMU-2) Zone District; 1031 and 953 S Frontage Rd W from the Arterial Business (ABD) Zone District to the LMU-2 Zone District; parcel legal descriptions noted on page 1 of the staff report.” (PEC25-0033) 114 Thank you 115 WEST LIONSHEAD ZONE DISTRICT AMENDMENT APPLICATION 11/18/2025 116 Overview 117 Introductions 3 118 Where is West Lionshead? 4 W e s t L i o n s h e a d Lionsh e a d Vail V i l l a g e Golden P e a k 119 Where is West Lionshead? 5 120 How does the rezone fit into the larger process? 6 121 How is the site currently zoned? 7 122 What are we hoping to accomplish? 8 123 Criteria for Rezoning 124 Criteria #1 •Criteria: The extent to which the zone district amendment is consistent with all applicable elements of the adopted goals, objectives and policies outlined in the Vail Comprehensive Plan and is compatible with the development objectives of the town. •Response: The Zone District Amendment is consistent with the adopted goals, objectives, and policies outlined in both the Vail Comprehensive Plan, the Lionshead Redevelopment Master Plan and the development objectives of the Town by laying the foundation for the site to accomplish goals outlined in the Vail Land Use Plan such as “... to grow in a controlled environment, maintaining a balance between residential, commercial and recreation uses to serve both the visitor and the permanent resident”. 10 125 Criteria #1 •Criteria: The extent to which the zone district amendment is consistent with all applicable elements of the adopted goals, objectives and policies outlined in the Vail Comprehensive Plan and is compatible with the development objectives of the town. •Response: The Zone District Amendment is consistent with the adopted goals, objectives, and policies outlined in both the Vail Comprehensive Plan, the Lionshead Redevelopment Master Plan and the development objectives of the Town by laying the foundation for the site to accomplish goals outlined in the Vail Land Use Plan such as “... to grow in a controlled environment, maintaining a balance between residential, commercial and recreation uses to serve both the visitor and the permanent resident”. 11 126 Criteria #2 •Criteria: The extent to which the zone district amendment is suitable with the existing and potential land uses on the site and existing and potential land uses as set out in the towns adopted planning documents. •Response: The Zone District Amendment is suitable with the existing land use on the three subject parcels as professional offices and eating and drinking establishments are listed as permitted uses within the Lionshead Mixed Use 2 zone district. Additionally, the anticipated uses, to be proposed with a subsequent land use applications to the Town’s Community Development department, within the West Lionshead concept plan are included as permitted and conditional uses within the Lionshead Mixed Use 2 zone district. 12 127 Criteria #3 •Criteria: The extent to which the zone district amendment presents a harmonious, convenient, workable relationship among land uses consistent with municipal development objectives. •Response: The Zone District amendment will present an even more harmonious, convenient, workable relationship among land uses that is consistent with the Town’s development objectives by bringing the three subject parcels into the same underlying zone district, Lionshead Mixed Use 2, that make up the balance of the West Lionshead area. 13 128 Criteria #4 •Criteria: The extent to which the zone district amendment provides for the growth of an orderly viable community and does not constitute spot zoning as the amendment serves the best interests of the community as a whole. •Response: The zone district does not constitute spot zoning as the Lionshead Mixed Use 2 zone district currently underlays Lionshead and the parcels immediately to the east of the subject properties. The proposed zone district amendment provides for the growth of an orderly viable community, serving the best interests of the Town as a whole by replacing the existing underlying Arterial Business District and Special Design District #4 zoning with Lionshead Mixed Use 2 zoning. 14 129 Criteria #5 •Criteria: The extent to which the zone district amendment results in adverse or beneficial impacts on the natural environment, including, but not limited to, water quality, air quality, noise, vegetation, riparian corridors, hillsides, and other desirable natural features. •Response: The zone district amendment will have no impact on the natural environment as there is no change to the existing use/design of the building brought forth by this application. 15 130 Criteria #6 •Criteria: The extent to which the zone district amendment is consistent with the purpose statement of the proposed zone district. •Response: The site is currently consistent with the Lionshead Mixed Use 2 zone district’s purpose statement as the subject parcels are a “mixture of …restaurants, offices, and commercial establishments in a clustered, unified development.” Additionally, this zone district amendment is consistent with the purpose statement of the Lionshead Mixed Use 2 as the code states, “This zone district is meant to encourage and provide incentives for redevelopment in accordance with the Lionshead Redevelopment Master Plan”. Said redevelopment, in accordance with the Lionshead Redevelopment Master Plan, is the ultimate goal of this application for a zone district amendment in tandem with forthcoming applications. 16 131 Criteria #7 •Criteria: The extent to which the zone district amendment demonstrates how conditions have changed since the zoning designation of the subject property was adopted and is no longer appropriate. •Response: The zoning designation of the subject properties, Arterial Business District and Special Design District #4, were imposed on the three subject parcels prior to the publishing of the Lionshead Redevelopment Master Plan and subsequent amendments. The Lionshead Redevelopment Master Plan calls for the West Lionshead area to be zoned as Lionshead Mixed Use 2, thus the existing zoning is no longer appropriate. 17 132 Criteria #8 •Criteria: Such other factors and criteria as the Commission and/or Council deem applicable to the proposed zoning. •Response: The Applicant is happy to furnish any additional materials the Commission requests in evaluating this application for a zone district amendment. 18 133 Q&A 134 THANK YOU 135 AGENDA ITEM NO. 7.2 Item Cover Page DATE:November 18, 2025 TIME:15 min. SUBMITTED BY:Jake Shipe, Finance ITEM TYPE:Public Hearings AGENDA SECTION:Public Hearings (6:20pm) SUBJECT:Ordinance No. 24, Series of 2025, Second Reading, Annual Appropriation Ordinance Adopting a Budget and Financial Plan and Making Appropriations to Pay the Costs, Expenses, and Liabilities of the Town of Vail, Colorado, for its Fiscal Year January 1, 2026 through December 31, 2026 (6:40pm) SUGGESTED ACTION:Approve, approve with amendments, or deny Ordinance No. 24, Series of 2025 upon second reading. PRESENTER(S):Jake Shipe, Budget Manager VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 2025 Ord 24 2nd reading - 2026 TOV Budget.pdf 2026 Budget 2nd Reading - Memo.pdf 2026 Budget 2nd Reading - Attachment A - Project Narratives.pdf 2026 Budget 2nd Reading - Attachment B - Program Narratives.pdf 2026 Budget 2nd Reading - Attachment C - Council Contributions Applications.pdf 2026 Budget 2nd Reading - Attachment D - Additional Information regarding VVMTA Contribution Request.pdf 2026 Budget 2nd Reading - Attachment E (Departmental Service Increases).pdf 2026 Budget 2nd Reading - Attachment F (Childcare Funding Summary).pdf 2026 Budget 2nd Reading - Presentation.pdf 136 Ordinance No. 24, Series of 2025 ORDINANCE NO. 24 SERIES OF 2025 ANNUAL APPROPRIATION ORDINANCE: ADOPTING A BUDGET AND FINANCIAL PLAN AND MAKING APPROPRIATIONS TO PAY THE COSTS, EXPENSES, AND LIABILITIES OF THE TOWN OF VAIL, COLORADO, FOR ITS FISCAL YEAR JANUARY 1, 2026 THROUGH DECEMBER 31, 2026 WHEREAS, in accordance with Article IX of the Charter of the Town of Vail, Colorado, the Town Manager prepared and submitted to the Town Council a proposed long-range capital program for the Town and a proposed budget and financial plan for all Town funds and activities for the fiscal year; and WHEREAS, it is necessary for the Town Council to adopt a budget and financial plan for the 2026 fiscal year, to make appropriations for the amounts specified in the budget; and NOW, THEREFORE, be it ordained by the Town Council of the Town of Vail, Colorado, that: 1. The procedures prescribed in Article IX of the Charter of the Town of Vail, Colorado, for the enactment hereof, have been fulfilled. 2. Pursuant to Article IX of the Charter, the Town Council hereby makes the following annual appropriations for the Town of Vail, Colorado, for its fiscal year beginning on the first day of January, 2026, and ending on the 31st day of December, 2026: FUND AMOUNT General Fund $80,139,719 Internal Employee Housing Fund 9,875,962 Capital Projects Fund 37,996,967 Real Estate Transfer Tax Fund 10,383,231 Housing Fund 21,358,658 Vail Marketing Fund 350,000 Heavy Equipment Fund 5,778,813 Dispatch Services Fund 4,723,598 Health Insurance Fund 7,064,938 Residences at Main Vail Fund 2,009,964 Timber Ridge Enterprise Fund 23,833,013 Total 203,514,863 Less Interfund Transfers (67,829,278) Net Expenditure Budget 135,685,585 137 Ordinance No. 24, Series of 2025 3. The Town Council hereby adopts the full and complete Budget and Financial Plan for the 2026 fiscal year for the Town of Vail, Colorado, which are incorporated by reference herein and made part hereof, and copies of said public records shall be made available to the public in the Municipal Building of the Town. This Ordinance shall take effect five (5) days after publication following the final passage hereof. 4. 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 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. 5. 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. 6. 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. 7. 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, this 4th day of November, 2025. A public hearing shall be held hereon on the 18th day of November, 2025, at 6:00 pm 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 Bibbens, Town Clerk 138 Ordinance No. 24, Series of 2025 READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED IN FULL this 18th day of November 2025. _____________________________ Travis Coggin, Mayor ATTEST: ________________________________ Stephanie Kauffman, Town Clerk 139 2026 PROPOSED BUDGET SECOND READING NOVEMBER 18, 2025 Page 1 140 TOWN OF VAIL PROPOSED 2026 BUDGET TABLE OF CONTENTS COVER MEMO 3 REVENUE  Major Revenue Analysis EXPENDITURES General Fund 22 Personnel − −Ten-Year Summary of Budgeted Positions by Department 27 Employee Benefits Summary 29 Contributions  Contributions Summary 31  Contributions Notes 32 CAPITAL PLAN  Capital Projects Fund 42  Real Estate Transfer Tax Fund 50  Housing Fund 58  Unfunded 60 OTHER FUNDS  Marketing Fund 62  Heavy Equipment Fund 63  Health Insurance Fund 64  Dispatch Services Fund 65 − Timber Ridge Housing Fund 66 This table of contents is "Clickable". Click on headings below to be directed to the page. Residences at Main Vail Fund −67 20 Internal Employee Housing Rental Fund Summary of Changes in Personnel  26 68 Page 2 141 TO: Vail Town Council FROM: Finance Department DATE: November 18, 2025 SUBJECT: Second Reading of 2025 Town Manager’s Budget I. SUMMARY Second Reading of Ordinance No. 24, Series of 2025, an ordinance to adopt the 2026 Town of Vail budget and financial plan. II. DISCUSSION On November 4th, Council approved the 2026 budget ordinance upon first reading. Since the first reading, staff has made the following adjustments and included additional information based on Council’s feedback: Revenue • Estimated property tax collections for 2026 have been increased by $53,616 upon further refinement of preliminary figures provided by Eagle County. • $60,000 was included within the projects reimbursement line in the General Fund for the first reimbursement towards the $300.0K contribution to Vail Mountaineer Hockey Club for the rodeo rink tent. This will be paid back over five years (2026-2030) at $60,000 per year. The town contributed $456.0K towards the rink in 2025 of which $300K will be reimbursed. The full $456.0K expenditure is included in the 2025 Forecast and will be included in the 3rd supplemental budget of 2025. Operational Expenditures • Within the Real Estate Transfer Tax Fund, a placeholder of $45,000 has been included for contract services with Betty Ford Alpine Gardens related to the maintenance of landscaping at Ford Park. Contributions • At direction of Council, a contribution to the Vail Valley Mountain Trails Alliance towards the new Stewardship Crew program has been included at the full request of $30,000. This portion of the contribution is contingent upon the organization receiving a minimum of $30,000 in contributions from other local municipalities or private donors towards this program. • Council requested a summary of the childcare contributions utilizing the tobacco tax.. This information is included in Attachment F. Each year staff place holds the full amount of annual tobacco tax collections to be utilized towards childcare programs. Any funds unused at the end of the year are put into a separate reserve account and saved to be 142 used towards future childcare projects. This could include new facilities for the two aging childcare centers in Vail or housing for teachers. Personnel • During the First Reading, Council requested a summary of service level increases departments have undertaken over time. Staff has included a high-level summary of service increases in the departments which are requesting staffing increases in 2026 in Attachment E. Capital Projects • During the First Reading, Council asked staff to remove the funds for the Vail Road Bike Lanes and Sidewalk project and redirect them to the Main Vail Underpass improvement project. Staff has shifted the $1.0M of construction funds in 2027 accordingly within the 5-year plan. The Main Vail Roundabout Underpass project now has a total construction placeholder of $3.0M in 2027. o The 2026 budget includes $100.0K towards the design of both the Vail Road and Vail Valley Drive improvements. Although the construction of the Vail Road improvements are unfunded, staff proposes to proceed with the design of both projects in 2026. Due to the interconnected nature of the flow of traffic on these two roads, the impacts of improvements of Vail Valley Drive to Vail Road should be considered jointly. Additionally, this will provide staff with a better cost estimate for the improvements when funding becomes available. o Staff believes that the additional $1.0M of funding for the Main Vail Underpass project will allow for an improved visual aesthetic for this main entry into Vail, although the exact enhancements that can be included with the additional funding is yet to be determined. Staff will return with additional information as outcomes of the design process become available in early 2026. THE FOLLOWING INFORMATION IS REPEATED FROM THE NOV 4TH COUNCIL PACKET BUT REFLECTS UPDATES TO TOTALS AS A RESULT OF THE CHANGES ABOVE. On October 21st, staff presented a draft of the Town Manager’s budget for Council’s Review. Any changes since that meeting or additional information requested at that meeting are included below: Reserves • Forecast reserves in the General Fund for 2025 were corrected upwards by $4.1M related to a mathematical error; General Fund reserves are forecast to be $46.3M at the end of 2025, with $19.5M of that amount being non-restricted. • Expanded Bus Service (SB230 Grant): At the October 21st meeting, Council received an update about the available grant funding through SB230 for enhanced bus service operations and related capital costs. Currently, this grant revenue and cost of expanded service are not included in the budget. Staff is still exploring options related to personnel scheduling and additional grant funding opportunities for the purchase of an additional bus. The full budgetary impact to the General Fund, Capital Projects Fund, and Heavy Equipment Fund is yet to be determined. Staff will return with adjusted revenues and expenditures related to this grant and expanded transit service after during the first supplemental budget of 2026 (anticipated in March). Operational Expenditures Page 4 143 •Car Share Program (General Fund): Based on council feedback, proposed expenditures have been increased by $60.0K (from $90.0K to $150.0K). The increased budget will accommodate the following program terms: o The program is to include four cars, with a minimum revenue guarantee by the Town of $95.6K o An annual subsidy by the Town to the program of $40.0K o The Town is to cover the registration & membership cost for up-to 150 users o Placeholder for lease of two parking spots at Middle Creek •Single Use Plastics Program (RETT): Based on council feedback, proposed expenditures for 2026 have been reduced by $85.0K (from $100.0K to $15.0K). The total cost of the program is still estimated at $75.0K including a prior year roll forward. o At council’s direction, $60.0K of the Destination Stewardship funding already existing in the 2025 budget will be redirected towards Water Bottle Filling Station installations. This will be reflected in the third supplemental budget of 2025. o The $15.0K in new funding proposed for 2026 will go towards signage and education related to resources to reduce single-use plastic bottles. Contributions •Betty Ford Alpine Gardens: Based on recommendations from the Ford Park Advisory Committee, staff will keep the 2026 Council Contribution for the Betty Ford Alpine Garden at $80,779 (flat with the prior year) but is proposing up to $45,000 be included as a placeholder in the Parks department budget for contract services in the second reading. The additional $45,000 represents the cost to maintain areas in Ford Park outside of the lease boundary, that have been enhanced and maintained by the Gardens at the request of the town and Committee over the past year. These areas include the Nature Center bridge garden across from the Gerald R. Ford Amphitheater, the area opposite from the Pollinator Garden, and areas between the Education Center and Gore Creek Trail as well as an area above the basketball court. •Vail Valley Mountain Trails Alliance: The VVMTA has provided additional information regarding their contribution request and the broader context of public lands management in Eagle County. See Attachment D o The 2026 budget includes $55.0K towards the county-wide Front Country Ranger program. The Front Ranger Program is a locally funded program which is managed through the Forest Service and provides services such as campground management, monitoring for unattended campfires, and trash cleanup. •Castle Lodge Toy Store: Based on Council feedback, the contribution recommendation for the Castle Lodge Toy Store has been made contingent upon a matching donation from the Town of Avon of $2,000. Capital Projects •Energy Efficiency Upgrade Package (CPF): Council requested additional information related to the goals and outcomes of this project and the potential larger Geothermal Energy District. This information was presented during today’s afternoon session. •Bus Barn Fire Sprinkler Upgrades (CPF): Based on Council’s decision to direct the Town Manager to negotiate and award a contract to Hyder Construction for the Bus Barn Fire Sprinkler upgrade, utilizing the 2025 budget for this project and the savings from the bus charger installation project, the additional 2026 appropriation due to a previously anticipated cost-increase of $702.0K was removed. •Tennis Court Reconstruction (managed by the Vail Recreation District - RETT): Based on council’s direction during the capital preview to seek further reductions in VRD-managed projects at Town-owned properties in the RETT fund, staff has worked with VRD to identify an additional $239,621 reduction in the cost to reconstruct two of Page 5 144 the eight Tennis Courts (from $590,256 to $350,635). These two courts are experiencing leakage in the irrigation system. VRD believes that the other six courts will require replacement within the next 5 to 6 years at a cost of approximately $1.5M. • East Vail Parcel Development: Based on Council’s direction, the 2025 forecast has been adjusted to reassign $250.0K of InDeed program funds towards the entitlement and design process of the East Vail Parcel. This adjustment will be reflected in the third supplemental budget of 2025. Prior to today’s draft, staff held several meetings to gather feedback from Council on preliminary budget assumptions. Budget discussions with Town Council began in July with a preview meeting that included preliminary revenue and expenditure discussions. More recently, staff presented a compensation and benefits preview and a 5-year Capital Plan preview. The following is a high-level summary of other outcomes from feedback received during these budget meetings that were included in the creation of the 2026 budget proposal: • A conservative approach to revenue projections and expenditures to ensure financial stability • A commitment to maintaining a sustainable budget over the long term • A focus on rebuilding reserves while still making progress towards strategic plan goals after several years of planned use to support major projects such as South Frontage Road improvements, Timber Ridge redevelopment and purchase, and the Dobson Arena renovation • Flexibility to adapt to future decisions by a new Town Council and updates to the strategic plan • Continued support for a premium and flexible compensation philosophy to attract and retain talent After several months of collaborative budget meetings with departments, a draft of the proposed 2026 budget is presented to Council with conservative revenue projections, a balanced operating budget, and funding for priorities within the Council’s focus areas. Please note that the use of reserves is required to fund one-time planning projects, contributions, capital projects, and special events. BUDGET OVERVIEW The Town of Vail 2026 budget proposal presented in this document reflects the town’s vision to be the premier international mountain resort community in a fiscally responsible manner. Each year the Town Manager and staff prepare an annual budget that serves as a funding plan as determined by Town Council. In accordance with the Town’s budget philosophies, the funding of ongoing department operations, support of current employees, debt service payments, and maintenance of current assets were given the highest priority. New programs, expansions of operations and personnel, and new capital items were evaluated based on their contribution to achieving the priorities and actions of the 2024 Council Strategic Plan, as well as their necessity for the public safety and excellent customer service provided by the Town. The Council Strategic Plan includes the following five priority areas: • Create a strong community and create affordable housing opportunities Page 6 145 •Support our Workforce •Provide an Authentic Vail Experience •Transportation •Environmental Sustainability As part of the budget process, department heads met to build the budget with available funds based on the conservative revenue outlook and follow the budget philosophies to operate within annual revenue streams. Each department head presented justifications for any new requests, including headcount, operating increases, and capital projects. Investment in the town’s personnel remains a top priority. During the 2025 First Supplemental Budget, Town Council approved an increase of 5.5 full-time equivalent (FTE) positions to support the implementation of the paid summer parking program and expanded transit service to coincide. An additional 0.11 net FTE resulted from position restructures within the Library and Town Administration Office. For 2026, staff is proposing a net increase of 10.46 FTEs, totaling $1,196,500 in personnel costs. However, 66% ($785,500) of these costs are funded through new or additional revenue sources, such as grants and contributions. With the exception of Dispatch, these new positions would be filled in March or April, allowing time to assess winter season performance and broader economic conditions before hiring. In addition, staff is evaluating the potential addition of 10 more FTEs to expand public safety services and transit routes. These positions would also rely on specific new revenue sources, including a grant and speed enforcement revenue, which are expected to be verified after the first quarter of 2026. Of the total 20.46 FTEs proposed or under consideration, 17.0 FTEs are at least 80% funded by and contingent upon new revenues, ensuring that ongoing personnel growth remains financially sustainable. These positions fit within a sustainable budget plan and will help support growing service level demands in multiple departments and support council and community goals. The 2026 budget seeks to align our brand of a world class resort with personnel and employment philosophies that reflect that brand. Woven throughout this budget are initiatives and programs proposed to support these philosophies. Aside from personnel, many of the new and increased budget requests are a result of cost increases due to inflation, labor cost increases in the market, and added facilities. New requests also aim to align resources and equipment to accommodate added service levels and improvements to address several topics of importance to both Town Council and the community at large. Listed below are larger expenditures (both capital and operating) included in the 2026 budget that support Council Strategic Priorities: Create a strong community and create affordable housing opportunities •Timber Ridge Unit Purchases for Community/TOV Employee Rental: $23.4M •InDeed Program: $1.0M •Timber Ridge Habitat for Humanity Contribution: $3.0M Support our Workforce •Childcare Program Funding: $529.6K Provide an Authentic Vail Experience •Transfers to Vail Local Marketing District (Destination Marketing Organization) for special event funding: $2.7M Transportation Page 7 146 •Vail Run Bus Stop: $375.0K •Roundabout Traffic Counter Installation: $250.0K •Car Share Program: $150.0K Environmental Sustainability •Energy Efficiency Upgrade Package: $9.1M •Gutter Bins on 25% of Town Sewer Drains: $450.0K The town’s 2026 budget is funded by a projected $142.0 million of net revenue budget across all of the town’s funds. Excluding one-time revenues, net revenues total $106.7M. This is a (2.0)% decrease from the 2025 Forecast and a (6.8)% decrease from 2024 actuals due to a projected decrease in investment earnings along a decrease in grant funding. With the exception of investment earnings, RETT Tax, and grant funding, the majority of the Town’s major revenue sources are nearly flat compared to the 2025 forecast. This reflects conservative revenue projections and a continued trend of flattening of growth. Sales tax is the town’s main source of funding making up 33.7% of all revenues. The General sales tax for 2026 is conservatively projected at $42.4 million, down 1.2% from the 2025 forecast and up 0.4% compared to 2024 actual collections. Since the Capital Preview, the 2025 forecast has been adjusted upwards due to stronger-than-expected late-summer collections. Sales Tax, $47.8M, 34% Property and Ownership Tax, $8.3M, 6% Use Tax, $2.5M, 2% Ski Lift Tax , $6.9M, 5% Franchise Taxes and Penalties, $1.9M, 1% Real Estate Transfer Tax, $7.8M, 6% Licenses and Permits, $3.9M, 3% Intergovernmental Revenue, $5.5M, 4% Transportation Centers, $10.5M, 7% Charges for Services, $4.7M, 3% Rent, Fines & Miscellaneous, $11.7M, 8% VRA Reimbursements, $6.2M, 4% Timber Ridge Proceeds & Reimbursements, $22.7M, 16% Earnings on Investments, $1.6M, 1% Town of Vail 2026 Projected Revenue: $142.0M REVENUE (All Funds) $142.0M Page 8 147 Year to date sales tax collections are pacing up 3.2% from 2024 actual collections. The remainder of the year is conservatively forecasted down 1% from 2024 actuals. This is in line with sales tax collections during late 2024/2025 winter season when sales tax collections reflected a 1% decline compared to 2023/2024. As we look ahead to 2026, sales tax revenues are expected to level off, following the flattening growth trend seen in 2025. The forecast also factors in the temporary closure of a few businesses that could impact collections in the short term. Other major 2026 revenue sources and projections include the following: Revenue Fund 2023 Actual 2024 Actual 2025 Forecast 2026 Proposed Projections General Sales Tax GF/ CPF $42.5M $42.2M $42.9M $42.4M Down (1.2)% from 2025 Forecast; Up 0.4% from 2024 Housing Sales Tax HF $5.1M $5.1M $5.2M $5.1M Down (1.2)% from 2025 Forecast; Up 0.6% from 2024 RETT RETT $8.0M $9.3M $8.2M $7.8M Down (5.0)% from 2025 Forecast; down (16.8)% from 2024 Actual Property Tax GF $6.1M $8.1M $8.1M $8.3M Based on information provided by county assessor & new assessment rates Parking GF $9.4M $9.5M $10.3M $10.5M Flat with 2025 Forecast plus adjustments for rate and pass price changes Lift Tax GF $6.5M $6.5M $6.8M $6.9M Up 1.0% from 2025 Forecast; Up 3.0% from 2024 Actual; Based on VR Sales Data Construction Use Tax CPF $2.5M $3.1M $2.5M $2.5M Flat with 2025 Forecast; Down (18.6)% with 2024 Actual; Based on 3-year average excluding large projects Investments Various $7.6M $8.3M $3.2M $1.6M Estimated 2.5% return on decreased fund balance Grants Various $2.5K $5.0M $698.8K $2.4M 2026 includes Transit Operations Grant, Hope Center, Colorado GeoX System Tax Credit Across all funds, 2026 net expenditures are proposed at $135.7 million. Expenditures can be grouped into three main categories: municipal services, capital expenditures and debt service. For 2026, $81.9 million or 61% represents municipal services, while 35% or $48.0 EXPENDITURES (All Funds) $135.7M Page 9 148 million represents capital expenditures. Debt service expenditures total $5.8 million or 4% of net expenditures. It should be noted that while the Council may appropriate new projects or programs in the budget, all budget items remain subject to additional Council feedback, discussion, and approval. Municipal Services Within the $81.9 million municipal services budget, expenditures can be viewed by either category (personnel, marketing and special events, and other operating) or by the department. Municipal Services, $81.9M, 61% Other Capital Improvements, $24.6M, 18% Timber Ridge Unit Purchases, $23.4M, 17% Debt Service, $5.8M, 4% "Where the Money Goes" -Spending by Expenditure Type Salaries, $38.9M, 47% Benefits, $12.3M, 15% Contributions, $4.0M, 5% Special Events, $3.0M, 4% All Other Operating Expenses, $23.7M , 29% "Where the Money Goes" - Municipal Services by CategoryAs a service organization, the majority of Municipal spending is for personnel. Salaries and benefits total $51.2M, or 62.6% of the operating expenditures. Page 10 149 PERSONNEL (All Funds) _____ _ $51.2M As a service industry, the majority of municipal services expenditures relate to staffing. For 2025, this represents $51.2 million or 62.6% of the municipal services budget. As a percentage of the budget, this is comparable to the prior year. Compensation Investment in the town’s workforce is a top priority of this budget proposal. Employee recruitment and retention as well as succession planning has become essential across the entire organization. The town’s employees are a critical part of the town’s infrastructure and provide world-class services to the community and guests. On October 7th, Town Council was given a preview of the 2026 Compensation and Benefits budget. During this meeting, Council continued to support the town’s compensation philosophy to reflect a more premium and flexible pay structure for the premium services the Town of Vail employees provide. The 2026 proposed budget includes a $300.0K placeholder for increases due to changes in market wages. Additionally, the town has budgeted an overall 5.0% increase in salary adjustments for staff, which allows for up to a 5% performance-based merit increase with additional opportunities for special recognition programs. The 2026 budget also includes the continuation of the vacation reinvestment program ($160.0K), the continuation of the wellness benefits ($80.0K), and an increase to the lifestyle spending benefit to cover the increased cost of a ski pass ($300.0K). Including the new proposed full-time equivalent (FTE) positions and benefit cost adjustments, the 2026 compensation budget is proposed to increase by an overall 4.4% from the amended 2025 Budget. Police, $9.1M, 11% Public Safety Communications, $4.6M, 6% Fire, $8.9M, 11% Town Officials, $2.3M, 3% Administrative / Risk Management, $7.7M, 10% Transportation, $8.5M, 10% Parking, $3.2M, 4% Public Works & Streets, $8.2M, 10% Facilities & Fleet Maintenance, $6.6M, 8%Community Development, $2.1M, 3% Community Housing, $1.3M, 2% Environmental Sustainability, $1.7M, 2% Welcome Center & Economic Development, $1.3M, 2% Contributions, Marketing, & Special Events, $7.3M, 9% Parks, AIPP & Library, $4.3M, 5% Health and Employee Housing, $3.5M, 4% Municipal Spending by Service Area Public Safety makes up 28.0% of municipal spending, followed by Public Works functions at 18.4%, Transportation at 10%, Administration /Risk Management at 9.5%, and Contributions and Events at 9.0% Page 11 150 Headcount The town’s operations are proposed to be supported by 380.71 full-time equivalent (FTE) positions in 2026. During the 2025 first supplemental budget, a net 5.5 FTEs were approved related to the paid summer parking program and bus service enhancements. An additional net 0.11 FTE increase was implemented mid-year due to restructuring in the Town Administration and Library. For 2026, staff is proposing the addition of four new positions, representing a net increase of 20.46 FTEs. Of this amount, 17.0 FTEs are at least 80% funded by, and contingent upon, the collection of new revenue sources including grants. The positions are divided into four categories based on funding source and timing: • Positions funded (at least 80%) by new confirmed revenue sources (1.5 FTES). The FTE count, revenues, and expenditures are currently included in the budget. If these revenue sources cease to exist in future years, these positions are subject to reprioritization by council. • Positions proposed to be funded by existing but sustainable general revenue sources collected by the town (2.96 FTEs). The FTE count and expenditures are included in the budget at this time. At the direction of the Town Manager, these positions will not be filled until at least March of 2026 to provide the Finance Department time to monitor sales tax performance in the Winter 2025-2026 season. • Dispatch-Funded positions (6.0 FTEs): Positions funded by E911 Authority and Eagle County Agencies based on call volume. • Positions proposed to be funded (at least 80%) by anticipated new revenue sources (10.0 FTEs). The FTE count is included in the budget for council and public • transparency, but the associated revenues and expenditures will not be included until the new revenue sources are verified and tested. These positions will not be filled until the first supplemental budget of 2026, after verification that the revenue source is sustainable. Newly proposed positions for 2026 are listed in the charts below. Positions funded by Confirmed New Revenue Sources 2026 Proposed Net Adjustment Funding Total Budget Position (FTEs)Source Cost Increase Justification Building Maintenance Specialist Lead 1.00 Internal Employee Housing Rental Collections (100%) 138,500 - Incr. workload from acquisition of internal employee housing AIPP Program Assistant 0.50 Logan Family Donation (100%) 32,000 - New programming at new Ford Park Art Studio Total Positions funded by Confirmed New Revenue Sources:1.50 170,500 - Page 12 151 Positions funded by Dispatch 2026 Proposed Net Adjustment Funding Total Budget Position (FTEs)Source Cost Increase Justification 911 Dispatchers 6.00 E911 Board $405.1K Outside Agency Contributions: $156.3K 630,000 69,000 Address ongoing staffing shortages, excess overtime, and high turnover rate, and increased emergency call volume; Move towards staffing level supported by previous staffing studies Positions funded by Anticipated New Revenue Sources 2026 Proposed Net Adjustment Funding Total Budget Position (FTEs)Source Cost Increase Justification Bus Drivers 5.00 SB230 Grant (80%) 515,000 103,000 Pending council decision on service enhancement and level of grant acceptance Fleet Mechanic 1.00 SB230 Grant (80%) 105,000 21,000 Pending council decision on service enhancement and level of grant acceptance Peace Officers 4.00 Increased Chain & Frontage Road (AVIS) Speed Enforcement (100%) 500,000 - Contingent on verification of additional revenue received through expanded enforcement Total Positions funded by Anticipated New Revenue Sources:10.00 1,120,000 124,000 Positions Funded by Current Revenue Sources 2026 Proposed Net Adjustment Funding Total Budget Position (FTEs)Source Cost Increase Justification Firefighters 2.00 General Funds 230,000 230,000 Meet standards for shift staffing levels; Mitigate excess overtime/vacation ability, improve recruiting, address vacation and improve efficiency. Convert 2 Seasonal Wildland to FT - Real Estate Transfer Tax 93,800 22,000 Developing and expanding evacuation and community preparedness; FFF policy changes Clerk/TM Administrative Support 0.50 General Funds 32,000 32,000 Staff is requesting to bring back a part time position to help with volume of workload and backup critical positions in Court and Clerk functions. Senior Accountant (Conversion of PT Summer Pas s Sales Position) 0.46 Revenue collection fees (Existing Internal Revenue) 134,000 80,000 Inc. workload from additional debt management, new funds, changing regulations/standards, and a growing organization Total Positions Funded by General Revenues:2.96 489,800 364,000 Page 13 152 DEPARTMENT SPENDING (All Funds) __ $23.7M Departmental spending (also labeled as “All Other Operating Expenses” in the chart above) is proposed at $23.7M for 2026. The majority of operating expenses are funded by the General Fund ($20.4M). The remaining is funded by the Real Estate Transfer Tax Fund (Environmental Sustainability, Forest Health, Parks, and Public Art), Dispatch Services Fund, and the Heavy Equipment Fund (Fleet). For 2026, departments were tasked with requesting necessary increases to maintain current levels of services, while finding efficiencies where possible. Departments were directed to limit expansions in operations and programming to those which is necessary for public safety, to continue providing excellent customer service, or directly work towards a goal in the 2024 Council Strategic plan. The majority of the cost increases are due increased costs of labor, utilities, and supplies. CONTRIBUTIONS AND EVENTS (All Funds)________________________________ $7.0M The 2026 budget proposes a total of $7.0M for contributions and special events. This includes the $3.0M contribution to Habitat for Humanity towards Timber Ridge unit purchases. This also includes transfers for Special Event funding of $3.0M, $448.8K for Council Contributions within the “Service” category (Not-for-profit partners), $526.6K for the town’s Childcare program, and related personnel costs. Events The special event funding process will continue to be managed by the Vail Local Marketing District (Discover Vail DMO) for 2026. A total of $3.0M for event funding was approved in the VLMD budget, which is flat with the 2025 budget. The 2026 Town of Vail budget includes transfers to the Vail Local Marketing District for the special event program. In line with historical practice, all business license revenue (net of collection fees) will be allocated to special event funding ($332.5), with the remaining funding coming from the General Fund ($2.7M). Council Contributions Council Contributions includes funding for the programming of various non-profit organizations that align with the town’s contribution policy: “The Town’s grant process supports charitable organizations that serve Vail employees, guests, and citizens by investing in local programs and initiatives that align with the town’s strategic plan and that can demonstrate how they can impact the Vail community. The grant process was created to fairly, equitably and constantly provide funds and in-kind services to the community.” A total of $448.8K of cash contributions for the Services category are recommended in the 2026 budget, as follows: • Town of Vail Partner Organization contributions: $376.5K • Health and Human Service contributions: $65.0K • Other Community Non-Profit contributions: $7.3K The budget also includes a placeholder of $529.6K for early childcare education program and capital support using tobacco tax revenues. This program was implemented in 2022. Additionally, staff recommends the continuation of “In-Kind” contributions of waived rental fees and parking coupons consistent with previous years. Page 14 153 See page 28 for contribution requests and staff recommendations. See Attachment C for the full applications for contributions submitted by each organization. Total funding for the 2026 capital improvements programs is proposed at $48.0 million across the Capital Projects Fund, Real Estate Transfer Tax Fund, Housing Fund, Internal Employee Housing Rental Fund, and Heavy Equipment Fund. During the October 7th work session, staff provided Council with a preliminary five-year capital plan for the Capital Projects Fund, Housing Fund, and Real Estate Transfer Tax Fund. Several significant projects were presented during this meeting. Council was asked to provide feedback on the current plan. Staff has attached project narratives for the larger, more significant projects being proposed in the 2026 five-year plan in Attachment A. As requested by council, the full list of measures, construction costs, associated grants, and projected savings related to the Energy Efficiency Upgrade package has been included in the project narratives. See Project Narrative C01 At the beginning of 2021, Town Council authorized the financing of the Public Works Shops project with a lease-purchase agreement. This project was financed with a $15.2M loan over a 15-year term at an interest rate of 1.76% annually. The 2026 budget includes $1.2M of debt service payments for this project. In October of 2021, the Town issued $22.3M of 30-year Certificates of Participation for the Residences at Main Vail housing project with an interest rate of 2.57%. The 2026 budget includes $1.2M of debt service payments for this project. During 2025, the Town issued $63.2M of 40-year Certificates of Participation for the Southface housing Project with an interest rate of 5.25%. The 2026 budget includes $3.4M of debt service (interest only) payments for the COPs, which are fully funded by the Debt Service Reserve from the bond proceeds in the Capital Projects Fund. Two of the Town’s component units have also issued debt. The Vail Reinvestment Authority issued $11.9M of 20-year bonds in 2010. The Vail Home Partners Corporation issued $126,035,000 in 40-year revenue bonds for the Southface project in 2025. Debt service payments for each of these are accounted for in their respective entity and are not included in the Town of Vail expenditure total. These are not the legal responsibility of the town, however, as component units of the town are reflected as debt in the town’s financial statements. After building up substantial reserves during the covid-impacted years of 2020-2022, the town has committed to spending down the majority of non-restricted reserves for the Timber Ridge, Southface, and Dobson Arena redevelopment projects. CAPITAL EXPENDITURES $48.0M RESERVES $91.2M DEBT SERVICE EXPENDITURES $5.8M Page 15 154 The town ended 2024 with $119.4M of non-restricted reserves (reserves available and not set aside to meet minimum fund balance requirements, debt requirements, or for special purposes such as the EHOP program, parking capital reserve, or childcare program funding). In 2025, the Town is projected to spend $59.2M of reserves, largely on the Dobson Arena ($19.5M) and Southface project ($10.0M), and Timber Ridge ($10.5M). The town is anticipated to recover the majority of spending on the Dobson Arena through reimbursements by the Vail Reinvestment Authority until its expiration in 2030. Into 2026, the town is projected to begin rebuilding its reserve balance. Non restricted reserves in the General Fund, Capital Projects Fund, Housing Fund, and RETT fund are projected to rise from $27.6M at the end of 2025 to $36.8M at the end of 2026, an increase of $9.2M. This increase is partially due a $6.2M transfer from the VRA for a partial repayment for Dobson. The Town is projected to increase reserves by a net $1.7M due to Timber Ridge items in 2026. 2026 projections conservatively include a $22.7M inflow of proceeds from the sale of Timber Ridge units, an amount to be anticipated if only 60% of Timber Ridge units only sell. In this scenario, an additional $6.7M would be repaid in 2027, and the Town would receive additional Timber Ridge units equivalent to the Town’s unrepaid investment in the project. It is possible that the Town’s actual inflow of funds will be higher than this conservative projection, increasing reserves further. Revenues also include is a $4.4M reimbursement to the Capital Projects Fund for the land at Timber Ridge. The 2026 budget also includes $25.5M in spending for Timber Ridge: $22.4M for unit purchases by the Town and a $3.0M contribution towards the Habitat for Humanity affordable home ownership program. Outside of these major projects, fund spending is largely covered by normal revenues streams with the following exceptions: The Capital Projects Fund is projected to increase non-restricted fund balance by $3.4M, while the RETT and Housing Funds are projected to utilize $1.8M and $1.4M Respectively on one-time, non-routine projects. The Health Insurance Fund is projected to utilize $707.0K in fund balance in order to stabilize premium costs for both the Town and Employees. Page 16 155 Internal Employee Housing Rental Fund This fund accounts of the revenues and costs associated with the housing rental program for internal Town of Vail employees. Employee rental revenues are committed by council towards the following uses specific uses: • Personnel costs associated with the Internal Employee Housing Rental program • Operational costs of the program including utilities, turnover costs, administrative costs, master leases, and maintenance • Capital costs to support the program such as the purchase of new employee rental units, major capital maintenance and improvements, or the acquisition of assets to support the program • Other miscellaneous costs associated with the Internal Employee Housing Rental For 2026, total proposed rental revenue in the Internal Employee Housing Rental Fund is $1.6M. This includes an estimate for rents at the newly acquired units at Timber Ridge. Total proposed operational expenditures are $1.2M. Included is a $387.0K administrative fee to the General Fund for staff’s time and resources from various departments including finance, human resources, and facilities, and PW administration. The fund also includes capital expenditures of $8.6M. $8.5M of this amount is for the acquisition of units at Timber Ridge for TOV employee rental (funded by a transfer from the Capital Projects Fund), while $100.0K is place held for capital maintenance of Town-owned units. Heavy Equipment Fund This is an internal services fund that manages the maintenance and repair of town vehicles and equipment and the purchase of replacement vehicles other than buses and fire trucks. Costs are charged back to the departments based on their use of the vehicles and equipment. The Heavy Equipment Fund (HEF) includes approximately $1.4M to purchase replacement vehicles and equipment in 2026. The vehicles are scheduled to be replaced at determined intervals based on age and use. Funding for the HEF consists of internal charges to departments, as well as costs recovered through the sale or trade-in of old equipment. The projected fund balance at the end of 2026 is $2.6M. Health Insurance Fund This is an internal services fund that manages the town’s health insurance plans. Costs are charged back to the town departments and employees through payroll deductions. 2026 proposed expenditures are $7.1M, up 4.3% from the prior year. The increases are largely due to an increase of FTE count. Fund balance has remained relatively high in the past few years due to better-than-expected claims experience. The 2026 proposed budget conservatively anticipates use of reserves to stabilize annual cost increases to both departments and employees. Projected fund balance is $3.7 million for the end of 2026. Dispatch Services Fund This is an enterprise fund that manages county-wide 911 emergency services. Revenues include fees charged to the county-wide E911 board and participating agencies. Staffing has continued to be the most significant issue for the dispatch center. The center currently has 22 dispatchers and supervisors. Staff has observed ongoing staffing shortages, excess overtime, a high turnover rate, and increased emergency call volume. In order to Non- restricted $141.9M $145.0M $151.7M $119.4M $38.6M $46.3M $53.1M $63.2M $61.5M $62.9M OTHER FUNDS Page 17 156 address this issue, staff is proposing to increase the number of dispatchers by six. The total cost of these positions including associated operational costs is approximately $630.0K. At the September 25th meeting of the E911 board, the board agreed to increase its contribution to the center for dispatchers by 4.0 positions, from 12.25 to 16.25. This represents approximately 64% of the total cost of the new positions and operational costs. The remaining increase in cost is allocated to the participating agencies based on utilization of dispatch services. The Town’s contribution towards these additional positions represents approximately $69.0K. Proposed total expenditures are $4.7M for 2026. No capital spending is proposed for 2026. Fund balance is projected to be $2.0M at the end of 2025. The proposed dispatch center budget is pending approval by participating agencies. Residences at Main Vail Fund The Residences at Main Vail Fund is an enterprise fund that manages the operations of the Residences at Main Vail community housing rental project. Total revenue for the fund is projected at $2.2M, with operating expenditures of $790.1K, and $1.2M of debt service payments. The ending fund balance for 2026 is projected at $832.5K, of which $663.7K is not restricted. Timber Ridge Enterprise Fund Timber Ridge is being developed into a new deed-restricted development with 294 studio to four-bedroom homes. The total estimated cost of the project is $164.0M, with the developer financing the majority of construction. The town is cash-funding $40.5M of the site work and podium costs along with a new transit stop included in the 2025 budget. This amount is expected to be repaid at the time of unit sales in 2026/2027, either through cash proceeds from the sale of units, or the Town would receive additional Timber Ridge units equivalent to the Town’s unrepaid investment in the project. The town will also be compensated for $10.5M of land and historical costs (land at cost and repayment of current debt on Timber Ridge). The 2026 budget includes revenues of $22.7M for proceeds from Timber Ridge unit sales. This amount makes the conservative assumption that only 60% of units are sold, with 75% of the cash being received in 2026. The remaining 25% of sale proceeds ($6.7M) would be repaid in 2027, and the Town would receive additional Timber Ridge units equivalent to the Town’s unrepaid investment in the project. The 2026 budget in the Timber Ridge fund includes $23.8M in expenditures, which represent a $20.3M partial repayment of the interfund loan to the General Fund, and a $3.5M final repayment to the historical loan owed to the Capital Projects Fund. III. ACTION REQUESTED OF COUNCIL Staff recommends that council approve Ordinance No. 24, Series of 2025 upon Second Reading. Page 18 157 REVENUE Page 19 158 Major Revenue Analysis 2026 Proposed Budget 2020 2021 2022 2023 2024 2025 2026 Actual Actual Actual Actual Actual Forecast Projection Comments General Sales Tax 25,122,191 34,534,683 40,776,882 42,494,761 42,177,662 42,858,000 42,337,800 2025 Forecast: Remainder of year down (1.0)%; 2026: Down (1.2)% from 2025 Forecast 37%18%4%-1%2%-1% Housing Sales Tax - - 4,954,438 5,075,762 5,110,306 5,207,040 5,141,000 2025 Forecast: Remainder of year down (1.0)%; 2026: Down (1.2)% from 2025 Forecast 100%2%1%2%-1% RETT Tax 10,448,526 13,371,555 9,603,456 7,994,852 9,349,910 8,181,171 7,777,000 2025 forecast: Down 12.5% from 2024 actual; 2026 Budget: Down 5% from 2025 forecast 28%-28%-17%17%-13%-5% Parking & Transportation Revenue 4,891,997 7,060,319 8,153,534 9,431,577 9,480,761 10,302,312 10,507,979 2026: Flat with 2025 Forecast plus adjustments for rate and pass price changes 44%15%16%1%9%2% Property & Ownership Tax 5,941,704 6,016,105 6,041,413 6,077,562 8,104,077 8,083,644 8,299,526 2026: Based on information provided county assessor and changing assessment rates; Residential Rate 6.25% a decrease from 6.7% in 2025; Commercial Rate 27% down from 27.9% in 2025 1%0%1%33%0%3% Lift Tax Revenue 4,095,812 5,518,980 6,473,618 6,536,433 6,745,551 6,880,462 6,949,266 2026: Up 1% from 2025 Forecast; VR pass sales down but offset with increase in pass prices; pass product sales down 3% in units but dollar sales up 1% 35%17%1%3%2%1% Construction Fees 1,855,654 2,716,819 1,734,230 1,833,118 2,458,626 2,348,956 2,382,094 2026: Based on three year average excluding large projects, and adjusted for updated fee schedules 46%-36%6%34%-4%1% Construction Use Tax 2,078,277 3,687,945 2,189,230 2,532,881 3,073,318 2,502,000 2,502,000 2026: Flat with 2025 budget/forecast (3-year average excluding large projects) 77%-41%16%21%-19%0% Other Taxes 2,432,187 2,500,000 3,138,777 3,116,922 3,464,733 3,421,168 3,449,974 County sales tax (based on TOV sales tax), Road & Bridge, Hwy users revenue, Tobacco tax, Holy Cross franchise fee to CPF 3%26%-1%11%-1%1% Ongoing Federal / County Grants/State Grants 152,630 4,779,131 396,822 1,816,739 1,017,241 694,769 670,034 2026: Hope Center Grant ($377.0K); DUI Enforcement ($42.5K); Transit Operating Grant ($250.5K) 3031%-92%358%-44%-32%-4% Earnings on Investments 778,981 281,491 397,557 7,631,483 8,331,482 3,726,971 1,603,245 Based on available fund balance and investment returns conservatively assumed at 2.5% -64%41%1820%9%-55%-57% Rental Income 787,906 1,116,305 1,418,890 1,606,076 1,927,709 1,996,157 2,308,215 Includes increases for Timber Ridge employee unit rentals 42%27%13%20%4%16% E911 and Interagency Dispatch 2,174,892 2,098,742 2,255,070 2,510,176 2,766,155 3,229,109 3,293,691 Funding by E911 Authority Board and participating agencies; 2023 increase due to increase in operating costs; restart capital reserve fee -4%7%11%10%17%2% Vail Reinvestment Authority Transfers 1,809,400 7,410,723 2,291,996 1,856,724 2,425,270 15,484,572 6,242,691 Transfer of VRA fund balance (Repayment for Dobson until 2030) 310%-69%-19%31%538%-60% Page 20 159 Major Revenue Analysis 2026 Proposed Budget 2020 2021 2022 2023 2024 2025 2026 Actual Actual Actual Actual Actual Forecast Projection Comments COVID Grants American Rescue Grant 1,365,835 CRRSAA Transit Grant 1,789,613 1,789,612 CARES Transit Grant 1,507,242 229,274 CARES Grant - State share 976,868 91,167 Financing Timber Ridge Debt Payment to TOV PW Shops Debt Financing Proceeds 15,190,000 RMV Financing Proceeds 25,280,230 Other One-Time Significant Reimbursements Lionsridge Land Sale 4,995,455 Timber Ridge Land Reimbursement from TR units sales 4,399,500 Timber Ridge Unit Sale Proceeds 22,696,647 Transfer from VLMD 1,400,000 State Geothermal Grants 250,000 1,781,507 State and Federal Capital Bus Grant 680,000 3,997,317 154,100 State FASTER Transit Grant 1,624,065 State Mobility Grants 842,000 Four Seasons Housing Agreement 2,040,000 Community Real Estate Sales 1,054,110 1,251,730 385,169 389,902 1,075,000 Deed Restriction buyouts 675,000 685,400 Altus Settlement 1,000,000 Booth Heights EC Grant 5,000,000 Debt Financing 68,035,510 VHP Reimbursement for Southface predevelopment 4,464,816 VRD Dobson Contribution 3,400,000 HCE Underground Project 1,897,829 RETT Project Reimb 75,000 150,000 Total Significant One-Time Revenues 2,484,110 45,258,459 5,081,342 4,831,004 10,057,674 85,879,655 29,027,654 All Other Revenue 9,183,295 3,469,901 9,956,811 8,249,673 10,492,413 9,395,972 9,482,986 Includes project reimbursements, franchise fees, fines and forfeitures, employee portion of healthcare premiums, administration fees from VLMD and RETT, and other charges for service such as out of district fire response and PD contracted services. -62%187%-17%27%-10%1% Total Revenue 74,237,562 139,821,158 104,864,066 113,595,742 126,982,888 210,191,958 141,975,155 % compared to Prior Year 88%-25%-3%12%66%-32% Total Revenue Excluding one-time items 69,944,052 87,151,976 97,490,728 106,908,014 114,499,944 108,827,731 106,704,810 2025 Down from 2024 due to investment earnings, construction use tax, sales tax; 2026 down from 2025 due to investment earnings, RETT collections 25%12%10%7%-5%-2% Page 21 160 EXPENDITURES Page 22 161 Change from First Reading 2025 Proposed Forecast 2026 2027 2028 2029 2030 Notes Revenue -1.2%1.7%2.0%2.7%2.0% Local Taxes:42,858,000$ 42,337,800$ 43,037,000$ 43,898,000$ 45,104,013$ 46,006,000$ Sales Tax Split b/t Gen'l Fund & Capital Fund 62/38 62/38 62/38 62/38 62/38 Sales Tax 26,665,000 26,539,800 26,977,789 27,512,802 28,261,967 28,819,799 Property and Ownership 8,083,644 8,299,526 8,299,526 8,714,502 8,714,502 9,150,228 Ski Lift Tax 6,880,462 6,949,266 7,157,744 7,372,477 7,593,651 7,821,461 Franchise Fees, Penalties, and Other Taxes 1,871,036 1,871,663 1,927,813 1,985,647 2,045,216 2,106,573 Licenses & Permits 3,438,587 3,512,761 3,583,016 3,654,676 3,764,317 3,877,246 Intergovernmental Revenue 3,662,585 3,677,926 3,714,705 3,751,852 3,826,889 3,903,427 Transportation Centers 10,302,312 10,507,979 10,718,139 11,039,683 11,260,476 11,598,291 Charges for Services 1,615,682 1,990,877 2,050,603 2,112,121 2,175,485 2,240,749 Fines & Forfeitures 248,590 235,553 240,264 245,069 249,970 254,970 Earnings on Investments 2,000,000 1,057,245 1,141,123 1,265,016 1,344,948 1,406,352 Rental Revenue 747,564 808,219 824,383 840,871 857,688 874,842 Miscellaneous and Project Reimbursements 192,600 230,353 233,760 237,235 240,780 244,396 Total Revenue 65,708,063 65,681,166 66,868,864 68,731,950 70,335,889 72,298,332 0.0%1.8%2.8%2.3%2.8% Expenditures Salaries 30,828,466 32,237,878 33,366,204 34,367,190 35,398,206 36,460,152 Benefits 9,710,242 10,239,633 10,649,218 10,968,695 11,297,756 11,636,688 Subtotal Compensation and Benefits 40,538,708 42,477,511 44,015,422 45,335,885 46,695,962 48,096,841 4.8%3.6%3.0%3.0%3.0% Contributions and Welcome Centers 816,551 359,451 370,235 381,342 392,782 404,565 Childcare Program Funding 529,583 529,583 540,175 550,978 561,998 573,238 All Other Operating Expenses 13,623,203 13,784,946 13,755,428 14,030,536 14,311,147 14,597,370 2% annual increase Heavy Equipment Operating Charges 3,600,248 3,929,247 4,007,832 4,087,989 4,169,748 4,253,143 Heavy Equipment Replacement Charges 1,340,867 1,532,162 1,570,466 1,609,728 1,649,971 1,691,220 Dispatch Services 827,331 936,217 967,742 1,000,358 1,034,104 1,069,020 Total Expenditures 61,276,491 63,549,118 65,227,300 66,996,816 68,815,712 70,685,397 Surplus (Deficit) from Operations 4,431,572 2,132,049 1,641,565 1,735,134 1,520,177 1,612,935 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE GENERAL FUND 3.0% annual increase Page 23 162 Change from First Reading 2025 Proposed Forecast 2026 2027 2028 2029 2030 Notes TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE GENERAL FUND Transit Route & Operations Planning (19,680) Destination Stewardship Mgmt. Plan (100,596) Civic Area Master Plan (188,612) (25,000) West Vail Master Plan (150,000) (25,000) West Lionshead Master Plan (130,000) Neighborhood Drainage Master Plan (350,000) Housing Capacity Intitiatves (159,125) Code Modernization Plan - (100,000) Contingency (50,000) Net Increase /(Decrease) due to One- Time Items: (1,148,013) (150,000) - - - - Transfer (to)/from Marketing & Special Events Fund Transfer (to)/from VLMD for Special Events (2,515,299) (2,667,500) (2,747,525) (2,802,476) (2,858,525) (2,915,696) Transfer to Capital Projects Fund for Dobson Renovation (CPF Loan)(8,000,000) 5,000,000 3,000,000 Transfer from RETT for Destination Stewardship - Transfer (to) RETT for Destination Stewardship (70,010) Transfer (to)/from Housing Fund (Communtiy TR Unit Purchases)(13,773,099) 4,300,592 5,063,930 4,408,577 Timber Ridge Transfer to TR for Redevelopment (Loan to TR)(229,233) 20,344,829 $20.3M Loan for TR units Surplus (Deficit) Net of Transfers and One-Time Items (7,530,983) 10,886,279 6,194,632 3,996,589 3,070,229 (1,302,761) Beginning Fund Balance 53,700,860 46,169,876 57,056,155 63,250,787 67,247,376 70,317,605 Ending Fund Balance 46,169,876$ 57,056,155$ 63,250,787$ 67,247,376$ 70,317,605$ 69,014,844$ As % of Annual Revenues 70%87%95%98%100%95% Reserved/Restrcited Fund Balances Reserve Minimum Requirement (25% of Revenues)16,427,016 16,420,292 16,717,216 17,182,988 17,583,972 18,074,583 Parking Capital Reserve 6,230,000 8,230,000 10,230,000 12,230,000 14,230,000 16,230,000 Employee Homeownership Program (EHOP) Balance 2,121,907 2,121,907 2,121,907 2,121,907 2,121,907 2,121,907 Childcare Program Reserve funded by Tobacco Tax 2,032,179 2,032,179 2,032,179 2,032,179 2,032,179 2,032,179 Total Ending Reserved Fund Balances 26,811,102 28,804,378 31,101,302 33,567,074 35,968,058 38,458,669 Ending Fund Balance- Available 19,358,775$ 28,251,778$ 32,149,485$ 33,680,302$ 34,349,547$ 30,556,175$ Page 24 163 PERSONNEL Page 25 164 Full Time Equivalents (FTEs) 2025 2026 Net Mid-Year Proposed Annual Funding Adjustment Adjustment Change Source Comments Full-Time Regular Positions Bus Drivers - 2025 Summer Service 8.00 - 8.00 Convert 8 seasonal positions to year-round with expanded Summer service Executive Administrative Assistant (1.00) - (1.00) Executive Admin Assistant position eliminated in Restructuring Deputy Court Clerk (0.50) - (0.50) Deputy Court Clerk Position eliminated in Restructuring Library Collections Development 1.00 - 1.00 New Library Position (Utilizing decreases in other positions) Library Circulation Associate (Tech Svcs)1.00 - 1.00 New Library Position (Utilizing decreases in other positions) Library Circulation Associate (Tech Svcs)1.00 - 1.00 New Library Position (Utilizing decreases in other positions) Library Circulation Associate (Tech Svcs)0.20 - 0.20 Upgrade position budgeted at 32 hrs/week Environmental Admin Assistant (0.50) - (0.50) Half FTE for Environmental Administrative Assistance moved to Part-time due to position restructuring Bus Drivers - 5.00 5.00 SB230 Grant (80%) Pending council decision on service enhancement and level of grant acceptance - To be revisited in 1st Supplemental of 2026 (Revenues and expenditures not yet included in budget ) Fleet Mechanic - 1.00 1.00 SB230 Grant (80%) Pending council decision on service enhancement and level of grant acceptance - To be revisited in 1st Supplemental o f 2026 (Revenues and expenditures not yet included in budget ) Firefighters - 2.00 2.00 Additional Firefighters to achieve standardized shift staffing levels (2.0 FTE) Wildfire Mitigation Specialist - 1.00 1.00 Combine two seasonal 0.5 FTE positions into year-round 1.0 FTE position Peace Officers - 4.00 4.00 Increased Chain & Frontage Road (AVIS) Speed Enforcement (100%) Contingent on verification of additional revenue received through expanded enforcement; To be revisited in First Supplemental (Revenues and expenditures not yet included in budget ) Senior Accountant - 1.00 1.00 Revenue collection fees (Internal Revenue)Accommodate increased workload from additional debt, funds, and regulations Building Maintenance Specialist Lead - 1.00 1.00 Internal Employee Housing Rental Collections (100%) Accommodate increased workload resulting from continuing acquisition of internal employee housing units 911 Dispatchers - 6.00 6.00 E911 Board (64%); Outside Agency Contributions (25%)Address ongoing staffing shortages, excess overtime, and high turnover rate Total Full-Time Regular Positions:9.20 21.00 30.20 Seasonal Positions Municipal Judge (0.43) - (0.43) Recognized as Contract Employee Bus Drivers (Winter)(3.04) - (3.04) Convert 8 seasonal positions to year-round with expanded Summer service Parking Pass Sales Technician (Summer)0.54 (0.54) - Added upon approval of Summer paid parking program; Determined to not be needed; Repurpose towards Senior Accountant position Part-Time Library Associates (1.06) - (1.06) Eliminate three part-time Library position; Utilize towards FT positions Environmental Admin Assistant 0.50 - 0.50 Half FTE for Environmental Administrative Assistance moved to Part-time due to position restructuring Clerk/TM Administrative Support (0.10) 0.50 0.40 Staff is requesting to bring back a part time position to help with volume of workload and backup critical positions in Court and Clerk functions. Wildfire / Forest Health Crew Members - (1.00) (1.00) Combine two seasonal 0.5 FTE positions into year-round 1.0 FTE position AIPP Program Assistant - 0.50 0.50 Logan Family Donation (100%)Staffing to accommodate programming at new Ford Park Art Studio Total Seasonal Positions:(3.59) (0.54) (4.13) Total Changes to FTE Count:5.61 20.46 26.07 TOWN OF VAIL 2026 BUDGET SUMMARY OF CHANGES IN PERSONNEL FROM 2025 ORIGINAL BUDGET TO 2026 BUDGET Page 26 165 2026 Positions Department 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Change Full-Time Regular Positions - Funded by TOV Town Officials 3.43 3.43 4.43 3.43 3.43 3.43 3.43 3.43 3.00 3.00 0.00 Administrative Services 29.60 29.60 29.60 32.60 34.30 34.30 35.30 36.30 37.30 36.80 (0.50) Executive Admin Assistant position adjust to part-time in restructuring (-1.0); Eliminate deputy court clerk position (-0.5); Senior Accountant (1.0) Community Development 12.00 13.00 11.50 12.00 12.00 12.00 12.00 12.00 12.00 12.00 0.00 Housing 2.00 2.00 2.00 2.00 3.00 4.00 4.00 4.00 4.00 4.00 0.00 Environmental Sustainability 0.00 0.00 3.00 4.00 4.25 4.25 4.50 4.50 4.50 4.00 (0.50) Half FTE for Environmental Administrative Assistance moved to Part-tIme due to position restructuring (-0.5) Fire 30.50 36.50 37.50 38.00 38.00 39.80 39.80 40.80 42.30 45.30 3.00 Additional Firefighters to achieve standardized shift staffing levels (2.0 FTE); Wildfire Mitigation Specialist position converted from two seasonal wildland positions (1.0) Police and Communications 56.25 57.25 57.75 57.75 58.00 58.00 58.00 59.00 59.00 67.00 8.00 Parking Enforcement transitioned to PD (2.0); Additional Peace Officers for chain-up enforcement and AVIS Ticketing support (4.0) - Funds will not be budgeted until supplemental after additional revenue is verified ; Additional dispatchers funded by participating agencies (2.0) Library 6.55 6.55 6.55 6.55 6.55 6.60 6.60 6.60 6.60 9.80 3.20 Library Associates (2.0); Collections Development (1.0); Upgrade Tech Svcs position to FT (0.2) Public Works, Streets & Roads, Landscaping 40.80 41.80 43.30 44.30 44.30 48.30 48.75 48.75 48.75 48.75 0.00 Transportation & Parking 47.00 47.00 47.50 47.50 47.50 66.50 66.50 67.50 68.50 79.50 11.00 Parking Enforcement transitioned to PD (-2.0); Convert 8 seasonal bus driver positions to year-round with expanded Summer service (8.0); 5 New drivers for expanded service levels - 80% funded by grant (5.0) Fleet Maintenance 12.00 12.00 12.00 12.00 12.00 12.00 11.75 11.75 11.75 12.75 1.00 Fleet maintenance specialist - 80% funded by bus service grant (1.0) Facility Maintenance 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 18.00 1.00 Facility Maintenance Specialist Lead for additional support of internal employee housing units (1.0 FTE) Total Full-Time Regular/Modified Full-Time 257.13 266.13 272.13 277.13 280.33 306.18 307.63 311.63 314.70 340.90 26.20 Fixed Term Employees Administrative Services 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 Community Development 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Police and Communications 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Public Works, Streets & Roads, Landscaping 0.00 0.00 0.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 Capital Projects 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Document Imaging 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Fixed-Term 3.00 2.00 1.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 0.00 Externally Funded Employees Police and Communications 8.00 8.00 9.00 9.00 9.00 9.00 9.00 9.00 9.00 13.00 4.00 Additional dispatchers funded by E911 Board (4.0) Total Externally Funded 8.00 8.00 9.00 9.00 9.00 9.00 9.00 9.00 9.00 13.00 4.00 Total Full-Time Employees 268.13 276.13 282.13 288.13 291.33 317.18 318.63 322.63 325.70 355.90 30.20 TEN-YEAR SUMMARY OF BUDGETED POSITIONS BY DEPARTMENT Page 27 166 2026 Positions Department 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Change TEN-YEAR SUMMARY OF BUDGETED POSITIONS BY DEPARTMENT Seasonal Positions - Funded by TOV Town Officials 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.43 0.00 (0.43) Municipal Judge Recognized as Contract Employee (-0.43) Administrative Services 2.29 2.29 2.29 2.20 2.20 2.20 1.70 2.00 2.30 2.70 0.40 Part-time administrative support (0.4) Community Development 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Environmental Sustainability 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 Half FTE for Environmental Administrative Assistance moved to Part-tIme due to position restructuring (0.5) Fire 9.00 3.00 2.50 2.50 2.50 3.00 3.00 3.00 3.00 2.00 (1.00)Two seasonal wildland positions converted to FT Wildland Mitigation Specialist (1.0) Police and Communications 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Library 2.40 2.40 2.40 2.40 2.40 3.03 3.03 3.03 3.03 1.97 (1.06)Decrease part-time FTE to accommodate full-time increases (-1.06) Public Works/ Streets & Roads/Landscaping 8.66 8.66 9.16 9.16 11.16 9.16 9.16 9.16 9.16 9.66 0.50 Art Programming Assistnat (0.5) Transportation & Parking 19.00 20.52 20.52 25.96 25.96 10.10 10.56 10.10 10.10 7.06 (3.04)Convert 8 seasonal bus driver positions to year-round with expanded Summer service (-3.04) Fleet Maintenance 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Facility Maintenance 0.92 0.92 0.92 0.92 0.92 0.92 0.92 0.92 0.92 0.92 0.00 Total Seasonal / Part-Time 42.27 37.79 37.79 43.14 45.14 28.41 28.37 28.21 28.94 24.81 (4.13) All FTE's (Full-Time Equivalents) Town Officials 3.43 3.43 4.43 3.43 3.43 3.43 3.43 3.43 3.43 3.00 (0.43) Administrative Services 32.89 32.89 32.89 35.80 37.50 37.50 38.00 39.30 40.60 40.50 (0.10) Community Development 13.00 14.00 11.50 12.00 12.00 12.00 12.00 12.00 12.00 12.00 0.00 Housing 2.00 2.00 2.00 2.00 3.00 4.00 4.00 4.00 4.00 4.00 0.00 Environmental Sustainability 0.00 0.00 3.00 4.00 4.25 4.25 4.50 4.50 4.50 4.50 0.00 Fire 39.50 39.50 40.00 40.50 40.50 42.80 42.80 43.80 45.30 47.30 2.00 Admin 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 0.00 Patrol 28.00 28.00 29.00 29.00 29.00 29.00 29.00 29.00 29.00 35.00 6.00 Investigation 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 0.00 Records 4.25 4.25 4.75 4.75 5.00 5.00 5.00 6.00 6.00 6.00 0.00 Dispatch 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 31.00 6.00 Police and Dispatch Total 65.25 65.25 66.75 66.75 67.00 67.00 67.00 68.00 68.00 80.00 12.00 Library 8.95 8.95 8.95 8.95 8.95 9.63 9.63 9.63 9.63 11.77 2.14 Public Works, Streets & Roads 49.46 50.46 52.46 53.46 55.46 57.46 57.91 57.91 57.91 58.41 0.50 Transportation & Parking 66.00 67.52 68.02 73.46 73.46 76.60 77.06 77.60 78.60 86.56 7.96 Fleet Maintenance 12.00 12.00 12.00 12.00 12.00 12.00 11.75 11.75 11.75 12.75 1.00 Facility Maintenance 17.92 17.92 17.92 17.92 17.92 17.92 17.92 17.92 17.92 18.92 1.00 Capital Projects / Fixed Term 0.00 0.00 0.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 Total FTE's 310.40 313.92 319.92 331.27 336.47 345.59 347.00 350.84 354.64 380.71 26.07 Page 28 167 2025 2026 Proposed Budget % Salary Budget % Salary Full-Time Regular Employees Fee Based Health Insurance 4,069,068 13.53%4,596,386 15.29% Group Term Life, Disability & Accidental Death 373,068 1.24%336,346 1.12% Lifestyle & Wellness Benefit 375,000 1.25%380,000 1.26% Sworn Officer Death and Disability Insurance 273,108 0.91%266,805 0.89% Subtotal Fee Based 5,090,244 16.93%5,579,537 18.56% Payroll Based Pension Contribution 4,981,772 16.57%5,431,546 18.07% Medicare 460,678 1.53%501,130 1.67% Workers' Compensation Insurance 295,320 0.98%295,797 0.98% Unemployment Compensation Insurance 71,883 0.24%75,477 0.25% Subtotal Payroll Based 5,809,653 19.32%6,303,951 20.97% Total Full-Time Benefits 10,899,897 36.25%11,883,488 39.53% Part-Time and Seasonal Employees Fee Based Lifestyle, Ski Pass & Wellness Benefit 50,000 2.58%40,000 2.06% Health Insurance 295,932 15.27%281,074 14.51% Payroll Based Pension Contribution 32,087 1.66%31,188 1.61% Medicare 31,018 1.60%26,293 1.36% Workers' Compensation Insurance 29,000 1.50%30,000 1.55% Unemployment Compensation Insurance 8,557 0.44%8,557 0.44% Disability 3,100 0.16%3,100 0.16% Subtotal Payroll Based 103,762 5.36%99,138 5.12% Total Part-Time and Seasonal Benefits 449,694 21.18%420,212 23.17% Total Benefits - All Employees 11,349,591 33.56%12,303,700 33.83% Town of Vail Employee Benefits Page 29 168 CONTRIBUTIONS Page 30 169 Town of Vail 2026 Council Contribution Requests 2026 Requested 2026 Staff Reccomended Requested Increase/Staff (Decrease)Recommended Fund from 2025 Cash Town of Vail Partner Organizations A Colorado Snowsports Museum programming GF 49,231 158,836 50,000 769 Two Business Premier and One Employee Plus parking passes ($6,750 value) and a waiver of rent ($159,173 value)165,923 49,231 165,073 B Betty Ford Alpine Garden: Operating RETT 80,779 1,850 125,000 44,221 1 employee plus pass ($1,950) and 2 year round designated parking spots in Ford Park 1,950 80,779 1,850 C Eagle River Coalition (FKA Eagle River Watershed Council)RETT 42,000 - 42,000 - - 42,000 - D High Five Access Media (TV5)GF 152,000 - 152,000 - - 152,000 - E Vail Valley Mountain Trails Alliance RETT 22,500 - 52,500 30,000 1 event usage of Donovan Pavilion ($5,850 weekday rate) and 250 parking vouchers for Vail Oktoberfest ($2,500)8,350 52,500 5,850 Subtotal - Town of Vail Partner Organizations 346,510 160,686 421,500 65,335 176,223 376,510 172,773 Health and Human Services Organizations F TreeTop Child Advocacy Center GF 5,000 - 10,000 5,000 - 5,000 - G Eagle Valley Community Foundation GF 50,000 - 50,000 - - 50,000 - H Castle Lodge Toy Store GF 2,000 - 2,000 - - 2,000 - J Vail Valley Charitable Foundation GF 8,000 - 10,000 2,000 - 8,000 - K Eagle Valley Child Care Association (Funded by Tobacco Tax) GF - - 149,194 149,194 - 149,194 - Subtotal - Health and Human Services Organizations 72,000 - 221,194 149,194 - 214,194 - Other Organizations L The Cycle Effect GF - - 10,000 10,000 - 5,300 - M Battle Mountain High School Project Graducation GF 2,000 - 2,500 2,500 - 2,000 - Subtotal - Other Organizations 2,000 - 12,500 12,500 - 7,300 - IN KIND ONLY REQUESTS N Small Champions, Inc. (9 off-peak Sundays Dec-Mar)- 2,800 - - 75 parking vouchers to be used on 9 off-peak Sundays, 9 days usage fo the Lionshead Welcome Center, and 20 Summer Parking Vouchers 3,950 - 3,700 O Vail Mountaineer Hockey Club - - - - 14 days use of Dobson 39,900 - - P Skating Club of Vail - - - - Requesting ice time to support competition AND/OR ice show (spring)28,500 - - Q Special Olympics (Sundays Jan 2 - End of Ski Season)- 2,240 - - 56 parking passes at Lionshead parking structure ($50/day, $2,800 total)2,800 - 2,800 R Foresight Adventure Guides for the Blind - 3,700 - - Two employee plus passes ($3,900 value)3,900 - 3,700 S SOS Outreach - 1,000 - - 25 parking vouchers ($50/day, $1,250)1,250 - 1,250 T Vail Mountain School - - - - Donovan Pavilion Rental for 2026 year ($5,850 weekday rate) and 10 Parking Vouchers ($50/day, $500)10,850 - - U Vail Valley Foundation - - - - Birds of Prey bus usage w/ drivers (2 busses for 4 days @ 10 hours per day)8,240 - 8,240 Subtotal - In-Kind Only - 9,740 - - 99,390.00 - 19,690 Grand Total 420,510 170,426 655,194 227,029 275,613 598,004 192,463 In-Kind Value of Request Cash Request In-Kind Request In-Kind Value of Staff Recommendation Cash Value of In- Kind Contribution 2025 Council Approved Page 31 170 2026 Council Contributions: Staff Recommendations Contribution Policy Overview: The Town’s grant process supports charitable organizations that serve Vail employees, guests, and citizens by investing in local programs and initiatives that align with the town’s strategic plan and that can demonstrate how they can impact the Vail community. The grant process was created to fairly, equitably and constantly provide funds and in-kind services to the community. TOWN OF VAIL PARTNER ORGANIZATIONS This category funds programs of services/expertise that the town does not already provide, supports the TOV physical plant, and is appropriate for governmental support to an approved list of Town of Vail partners which includes Betty Ford Alpine Gardens, Eagle River Coalition, High Five Access Media, and Colorado Ski Museum. A. Colorado Snowsports Museum CASH REQUEST (Programming): $50,000 (up $769 or 1.6% from 2025 approved request) INKIND REQUEST: Waive rent valued at $159,173 and provide 2 Business Premier and 1 Employee Plus parking passes valued at $6,750 BACKGROUND INFORMATION: The Colorado Snowsports Museum and Hall of Fame is requesting a total cash contribution of $50,000. This contribution will be used to support the museum’s ongoing programming, including marketing the museum, continuing to provide free admission for visitors, and maintaining exhibits. STAFF RECOMMENDATION: Staff recommends funding the in-kind request based on the lease terms and 3 of the 3 parking passes requested (totaling $165,973). The passes will include two employee-plus passes, and one business premier pass, consistent with prior years. Staff also recommends a cash contribution of $49,231, flat with the prior year. Staff recommends that this is specifically used towards maintaining and updating exhibits and providing programming for visitors. B. Betty Ford Alpine Gardens (BFAG) CASH REQUEST (Programming): $125,000 ($44,221 or 55% increase from 2025 approved request). INKIND REQUEST: 2 designated parking spots at Ford Park and 1 employee plus pass ($1,950); BACKGROUND INFORMATION: The Betty Ford Alpine Garden’s is requesting a cash contribution of $125,000 for their garden care, education program, and ongoing garden improvements. The $125,000 request is approximately 5% of the total budget for this program. This request is a $44,221 or 55% increase over the prior year contribution due to a proposed garden expansion and the hiring of a full-time seasonal horticulture position. The additional funding is proposed to be used across three categories with 78% going to seasonal horticulture Page 32 171 staff ($97,500), 20% going to plants and materials ($25,000) and 2% going to volunteer program support ($2,500). The Gardens has proposed to begin taking care of all Ford Park landscaping as well as removing turf and extending the Garden footprint in line with the new Ford Park Master Plan. This expansion is proposed to include the following areas: The Nature Center Bridge the garden area opposite the Pollinator Garden, the gardens between the Education Center and Gore Creek Trail, and the area above the basketball court. The Ford Park Advisory Group is also in discussion about other Ford Park improvements that may also involve BFAG, such as a new east entry experience. In addition to the contribution amount requested, the Town of Vail pays the cost of the water for BFAG. The annual cost of this totals approximately $25,500 annually. STAFF RECOMMENDATION: Staff recommends a cash contribution of $80,779, flat with the prior year, to go towards the Garden Care and Upkeep Program. Staff recommends revisiting the request for an increase related to garden expansion in the future, based on further planning and recommendations of the Ford Park Advisory group. Any increase would be reflected in a 2026 supplemental budget. Staff also recommends in-kind funding for 2 designated parking spots at Ford Park and 1 employee plus parking pass (valued at $1,950). The town will also continue to fund annual water expenditures for the gardens. The cash contribution is funded by Real Estate Transfer Tax Fund. C. Eagle River Coalition (FKA Eagle River Watershed Council) CASH REQUEST (Programming): $42,000, Flat with the 2025 request and awarded funds. BACKGROUND INFORMATION: The Eagle River Coalition’s mission is to protect and conserve our watershed both now and into the future. The Eagle River Coalition is requesting a cash contribution of $42,000 to fund water quality monitoring, community education, and river restoration projects. Specifically, the contribution will be used towards the 2026 Community Pride Highway Cleanup ($3,500); the 2026 Eagle River Cleanup ($3,500); Sediment-Source & Bio-Monitoring of Gore/Black Gore Creeks ($8,000); Water Quality Monitoring & Assessment Program ($16,000); Gore Creek Strategic Action Plan Initiatives ($8,000); Community Water Plan Implementation ($3,000). This request is consistent with prior year. STAFF RECOMMENDATION: Staff recommends funding of $42,000, flat with the prior year. This contribution is funded by the Real Estate Transfer Tax Fund. D. High Five Access Media CASH REQUEST: 50% of Comcast franchise fees or approximately $152,000, flat with prior years request. BACKGROUND INFORMATION: High Five Access Media is requesting $152,000 (or 50%) of franchise fees the Town of Vail receives annually from Comcast, based on terms of the Comcast Page 33 172 franchise agreement with the town. The cash funding allows High Five to offer free and low-cost workshops in video production, editing, broadcasting and related topics to residents of all ages. It helps maintain their state-of-the-art library of equipment, which is available for community use. Funds also support the production and distribution of local government meetings, nonprofit features, youth programming, and cultural events, fostering civic engagement and local storytelling. Additionally, grant support enables them to employ skilled staff who mentor producers, manage facilities, and develop innovative educational content. STAFF RECOMMENDATION: Staff recommends funding of approximately $152,000 (or 50%) of the estimated franchise fees the Town receives annually from Comcast, consistent with the prior year. E. Vail Valley Mountain Trails Alliance (VVMTA) CASH REQUEST: $52,500, up $30,000 or 233% from 2025 contributions. INKIND REQUEST: 1 Usage of Donovan Pavilion ($5,850 weekday rate) and 250 Parking Vouchers for volunteers at Vail Oktoberfest ($2,500). BACKGROUND INFORMATION: The Vail Valley Mountain Trails Alliance is requesting $52,500. Of this amount, $22,500 of the total request will be used to continue funding three programs: Adopt a Trail, Wildlife Trail Ambassador, and Trail Conservation Crew. These programs focus on trail maintenance, protecting wildlife closures, designating campsites and closing illegal campsites, communicating fire restrictions, educating trail users, removing garbage, and the overall mitigation of impact on the town’s trails. VVMTA intends to expand its Trail Conservation Crew to include two additional seasonal staff members. An additional $30,000 of the total requested funds are proposed to be used to support their new Stewardship Crew in 2026. The Stewardship Crew will have 4-6 members and will be used to ensure Front Country Ranger tasks are being performed since US Forest Service budgets and staff are being reduced broadly, and the continuation of the Front Country Ranger program is uncertain. The stewardship crew will operate regardless of the status of the Front Country Ranger program. A $300K grant from GOCO has been awarded towards this stewardship crew for 2026 – 2027, with $150K allocated to each year. These tasks include trailhead management and cleanup, toilet cleanup and maintenance, dispersed camping management, fire restriction education and enforcement, and other public lands management. The total estimated cost of the stewardship crew is $250.0K for 2026. Funding for the Stewardship Crew would support crew wages ($25.0K) and operations/supplies ($5.0K). VVMTA is also requesting funds for this crew from Eagle County, Avon, Eagle, Minturn, and Gypsum. In addition to the cash contributions requested, the VVMTA is requesting in-kind usage of the Donovan Pavilion to hold an education, engagement, and volunteer recruitment event. The VVMTA is also requesting 250 parking vouchers would be used for volunteer parking for Vail Oktoberfest. Volunteers at Vail Oktoberfest support the event through checking ID’s, wrist banding, and providing bartending services. RECOMMENDATION: Staff recommends a contribution of $22,500, flat with the awarded funds in the prior year, to be used for the Adopt a Trail, the Wildlife Trail Ambassador, and the Trail Conservation Crew programs to be used on trails that border or are within the Town of Vail. Staff defers to the Town Council regarding the funding request for the new Stewardship Crew. In accordance with a conservative budget philosophy, the full $30,000 request has been included in the RETT fund budget. At the request of Council, the contribution to the Stewardship Crew is proposed to be funded at $30,000, contingent upon VVMTA receiving contributions totaling Page 34 173 at least $30,000 from other local municipalities or private donors. Additionally, staff recommends approving the requested usage of Donovan Pavilion on a weekday (Mon-Fri) only, valued at $5,850. Staff recommends no parking vouchers to be awarded for volunteers at the Vail Oktoberfest. HEALTH AND HUMAN SERVICES ORGANIZATION REQUESTS Organizations that support a healthy and resilient community by supporting a comprehensive system of accessible mental and physical health care, human services, and community resources. F. TreeTop Child Advocacy Center CASH REQUEST: $10,000 to support the TreeTop Child Advocacy Center Mobile Forensic Interviewing program. BACKGROUND INFORMATION: TreeTop Child Advocacy is a non-profit organization that provides support services for child victims of abuse, including forensic interviews for child victims within the 5th judicial district. This includes Eagle, Lake, Summit, and Clear Creek counties. The requested amount of $10,000 would support TreeTop’s mobile unit. The mobile unit provides trauma-informed care directly to children and families in rural areas of Eagle County-removing transportation barriers that often prevent access to critical services. This funding would help cover staffing costs for a specialized team, including a forensic interviewer, child and family advocate, and mental health professional, who provide child-led assessments in a safe, mobile environment. It would also support essential equipment and supplies for the unit, such as secure recording devices, comfort items like toys and books, and connectivity tools to ensure high-quality care and documentation. Additionally, funds would help ensure families receive coordinated follow-up services. This program was previously supported by Federal Funds and is no longer being financially supported on the federal level. In 2025, the Town of Vail contributed $5,000 towards the cost of the mobile interviewing device that allows for remote forensic interviews. STAFF RECOMMENDATION: Staff recommends contributing $5,000 towards the Mobile Forensic Interviewing program, flat with funds awarded in the prior year towards the mobile interviewing device. G. Eagle Valley Community Foundation (EVCF) CASH REQUEST: $50,000, for the purchase of food for The Community Market program. BACKGROUND INFORMATION: EVCF's mission is to provide access to programs and resources that support wellness, healthy food access, and other essential community needs while embracing individual dignity and a commitment to sustainability and quality. The $50,000 contribution would go towards purchasing food for The Community Market, with a priority on local purchasing from Western Slope farms and ranches. In 2024, The Community Market (TCM) served over 14,000 individuals each month, distributing more than 1.64 million pounds of nutritious food to residents across the valley. In 2025, that number has risen to 16,000 individuals a month showing the growing need in our community. TCM aims to provide a dignified customer experience, promoting healthy diets and improving the overall health and environment of Page 35 174 community residents. The program aims to remove stigma around food access, educating customers about sustainable food systems. TCM offers free, nutrient-rich food via storefront markets and mobile pantries featuring local produce, meat, dairy, and groceries. TCM prevents food waste through food recovery from restaurants, grocers, farms, and distributors, creating a sustainable, community-driven food system. STAFF RECOMMENDATION: Staff recommends contributing $50,000 to the Eagle Valley Community Foundation to go towards the purchase food for the community market, consistent with the prior year. The $50,000 represents approximately 1.7% of the total 2025 Community Market budget. H. Castle Lodge #122 Toy Store CASH REQUEST: $2,000, Flat with the 2025 awarded funds. BACKGROUND INFORMATION: The Masonic toy store supports working families in our mountain resort community and fosters lasting community involvement and benefits by ensuring that all children, regardless of their family's economic status, can experience the joy of the holiday season by providing toys and gift cards to local families in need. In 2024, the Toy Store served 515 kids directly and approximately 155 more indirectly. The Toy Store engages with the community to drive participation through in-person contacts, school administrators, and previous years’ visitors. All contributions go directly to the purchase of toys and gift cards and will not be used for administrative purposes. The Town of Eagle and Town of Gypsum also sponsor this event. STAFF RECOMMENDATION: Staff recommends a $2,000 contribution to Castle Lodge Toy Store for the purchase of toys and gift cards. This is consistent with prior years’ contributions. At the request of Council, this contribution will be contingent upon a matching contribution from the Town of Avon. J. Vail Valley Charitable Fund (VVCF) CASH REQUEST: $10,000 to be used for direct aid to locals ($5,000), the Eagle County Smiles children’s dental program ($2,500), and the Eagle County Grins adult dental program ($2,500). BACKGROUND INFORMATION: VVCF provides direct aid up to $7,500 annually to locals facing financial burdens due to medical crises or long-term illness. Since 1996, direct aid has helped over 2,200 families with over $9.7 million of support for basic living expenses while suffering a medical crisis or long-term illness. In 2006, VVCF formed Eagle County Smiles, a dental program serving children. In 2021, an adult dental program called Eagle County Grins was added with the help of Dr. Maddy Moses of Elevated Dental. In 2024, 21 of the 83 people who the VVCF distributed direct aid to lived or worked in the Town of Vail. A total of $75,617 was distributed to Town of Vail residents or workers. STAFF RECOMMENDATION: Staff recommends an $8,000 contribution to the Vail Valley Charitable Fund to support the direct aid to locals ($4,000), Eagle County Grins ($2,000), and Eagle County Smiles ($2,000), consistent with the prior year. These funds are to be allocated to those who live or work in Vail. This is approximately 1% of annual program costs. Page 36 175 K. Eagle Valley Child Care Association CASH REQUEST: $149,194 to be used for playground repair and remodel at the Vail Child Care Center. BACKGROUND INFORMATION: The mission of Eagle Valley Child Care Association is to provide high-quality early learning programs to the children of Eagle County by: Providing a developmentally appropriate, discovery-based learning environment that meets the needs of every child's healthy cognitive, language, motor, social and emotional development; Providing supportive parenting guidance to every family enrolled in our programs; and Providing the business community with a way to assure quality care for their employees through the Business Partner program. The requested funds would be used to elevate the playground area and install new playground equipment at the Vail Child Care Center. The playground improvements will significantly enhance the experience for families who rely on our child care services, including many local workers and residents. A safer, more functional, and engaging outdoor space supports early childhood development and encourages active play, which benefits the well-being of local children and their families. STAFF RECOMMENDATION: Staff recommends a contribution of $149,194 to fund the playground repair and remodel at the Vail Child Care Center. This contribution would be funded by the Tobacco Tax. COMMUNITY NON-PROFIT GRANTS Organizations outside of the Health and Human Services, Cultural Heritage category, or Childcare category that provide services/expertise that the town does not already provide, supports the TOV physical plant, and are appropriate for governmental support. L. The Cycle Effect CASH REQUEST: $10,000 to support the Eagle County Girls Mountain Bike Mentorship Program and Mujeres y Pedales Program. This is The Cycle Effect’s first application for funds. BACKGROUND INFORMATION: The Cycle Effect's mission is to empower young women through mountain biking to create brighter futures and build stronger communities. The Cycle Effect (TCE) specifically focuses on empowering young women from underrepresented backgrounds. Of the requested $10,000, $7,500 would be used to support the Eagle County Girls Mountain Bike Mentorship Program (ages 10-18), and $2,500 would be used to support the Mujeres y Pedales Programs (ages 18+). The funds would be used directly towards transportation, bikes and equipment, bilingual coaching, program materials, and community events. These initiatives promote physical and mental health, instill leadership skills, and encourage community engagement, fulfilling the Town Council's mission of providing exceptional recreational and educational opportunities. STAFF RECOMMENDATION: Staff recommends a contribution of $5,300, approximately 1% of The Cycle Effect’s annual budget. Page 37 176 M. Battle Mountain High School Project Graduation CASH REQUEST: $2,500 BACKGROUND INFORMATION: Battle Mountain High School Project Graduation (organized through the Education Foundation of Eagle County) is requesting $2,500 towards the 2026 Project Graduation event. The annual event is held at Mountain Recreation’s Edwards Fieldhouse. The goals of the event are the following: • To provide a safe, drug and alcohol-free celebration to Battle Mountain High School seniors. • To do so in a compelling and fun environment, which is desirable and incentivizes students to attend. • To create a welcoming and inclusive environment for all BMHS graduating students to attend the celebration across all demographics, socio-economic groups, and social cliques. • To protect students, and the community at large, on an evening where teens have a statistically higher risk of engaging in high-risk activities such as drinking and driving. This event costs $15,000 to $20,000 each year. The organization is looking to increase funding in order to make the event free for students to attend and to increase the quantity and quality of giveaways at the event. STAFF RECOMMENDATION: Staff recommends a contribution of $2,000, consistent with the funds awarded in the prior year IN KIND REQUESTS N. Small Champions, Inc. INKIND REQUEST: 75 parking vouchers to use on nine off peak Sundays during 2025-2026 ski season, valued at $3,750 (an increase of 5 parking vouchers from the 70 awarded for the 2024- 2025 season); and use of the Lionshead Welcome Center as a drop off and pick-up location on those nine Sundays, flat from the 2024-2025 season. Additionally, 20 summer parking vouchers are requested to be used on 3 days of Small Champions Adventure Ridge outings (held midweek in July and August) valued at $200. BACKGROUND INFORMATION: Small Champions is requesting an in-kind contribution of 75 parking passes and 9 days usage of the Lionshead Welcome Center to support their ski days for special needs children this winter. Additionally, Small Champions is requesting 20 summer parking vouchers to support three Adventure Ridge outings with special needs children in the coming summer. STAFF RECOMMENDATION: Staff recommends in-kind funding of 70 winter parking vouchers (of the 75 requested) to be used on nine winter Sundays, valued at $3,500, and 20 summer parking vouchers for the adventure ridge outings, valued at $200. Staff also recommends the use of the Welcome Center as a drop-off and pick-up location for those nine Sundays. O. Vail Mountaineer Hockey Club Page 38 177 BACKGROUND INFORMATION: The Vail Mountaineer Hockey Club is requesting in-kind funding for 14 days at Dobson ice arena for the Sportsmanship Tournament (12 days) and Avalanche Alumni Weekend (2 days) valued at approximately $39,900. The tentative dates for the 2026 tournament are October 23rd to 25th or October 30th to November 1st and the first three weekends of November. The Avalanche Alumni Weekend will take place in September. STAFF RECOMMENDATION: The Dobson Arena renovation is anticipated to continue through the Fall of 2026. Staff recommends revisiting this request next year, when more is known about the actual construction timeline and relevant policy updates. P. Skating Club of Vail BACKGROUND INFORMATION: The Skating Club of Vail has requested in-kind funding of 10 days use of ice space/Dobson valued at $28,500. Five days are requested for the annual Ice Show in the Spring, and five days are requested for the Vail Invitational Skating Competition in the Summer. STAFF RECOMMENDATION: The Dobson Arena renovation is anticipated to continue through the Spring and Summer of 2026. Staff recommends revisiting this request next year, when more is known about the actual construction timeline and relevant policy updates. Q. Special Olympics BACKGROUND INFORMATION: The Special Olympics is requesting an in-kind contribution of 56 parking vouchers valued at $2,800 to be used on each Sunday of training starting January 4th during the 2025-2026 ski season at either the Lionshead or Village Parking Structures. STAFF RECOMMENDATION: Staff recommends in-kind funding consistent with the prior by providing 56 parking vouchers with one-time Winter season entry/exit coupons valued at $2,800. R. Foresight Adventure Guides for the Blind BACKGROUND INFORMATION: Foresight Adventure Guides for the Blind (Formerly Foresight Ski Guides) is requesting two premier passes (or, if not available, employee plus) parking passes (valued at $11,000) for the 2025 - 2026 ski season. Foresight provides parking to volunteer guides, half of which drive from Denver who need to be parked and ready to meet their visually impaired participants by 8:30am. These passes would also occasionally be used by chaperones/companions of the visually impaired skiers who drove the skier to Vail. Additionally, the passes may be used by the Executive Director while managing the program at Golden Peak. Local guides usually take public transportation and/or carpool. Foresight provides challenging recreation opportunities to visually impaired participants (adults and children) and guides. STAFF RECOMMENDATION: Staff recommends providing two employee plus passes as was approved in the past several years (valued at $3,900). S. SOS Outreach – The Vail Valley Dream Ski Team BACKGROUND INFORMATION: SOS Outreach is requesting 25 parking vouchers (valued at $1,250) for the 2025 - 2026 ski season to be used by teacher and program coordinators for the winter skiing and snowboarding programs for underserved youth. Page 39 178 STAFF RECOMMENDATION: Staff recommends providing 25 parking vouchers for the 2025/65 ski season to be used by program coordinators, consistent with 2025 funding. T. Vail Mountain School BACKGROUND INFORMATION: Vail Mountain School is requesting one Donovan Pavilion rental and 10 parking vouchers for the 2025-2026 ski season, valued at $500. The requested Donovan Pavilion usage would be used as a silent auction item at Vail Mountain Schools 50th Annual Gala or as a thank you event for their donors or volunteers. The requested 10 parking vouchers would be used for staff that stay at the mountain base on school ski days that help with any injuries or lost students. STAFF RECOMMENDATION: Staff recommends denying this request as it does not meet the goals and criteria set for the contributions program. T. Vail Valley Foundation BACKGROUND INFORMATION: The Vail Valley Foundation is requesting the usage of 2 Town of Vail buses with drivers to support the Beaver Creek shuttle service for the Birds of Prey World Cup ski races. The bus service is being requested for December 4-7th, 2025 for approximately 10 hours per day with an estimated total value of $8,240. In prior years the Town has supported this event with bus usage outside of the Council Contributions Program. STAFF RECOMMENDATION: Staff recommends providing the usage of 2 TOV buses with drivers for 4 days at 10 hours per day to support this event, consistent with prior years. Page 40 179 CAPITAL Page 41 180 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Revenue Total Sales Tax Revenue:42,858,000$ 42,337,800$ 43,037,000$ 43,898,000$ 45,104,013$ 46,006,000$ 2026: Flat, with adjustments for anticipated redevelopment impacts 2027- 2030: 2% Increase, with adjustments for anticipated redevelopment impacts Sales Tax Split between General Fund & Capital Fund 62/38 62/38 62/38 62/38 62/38 62/38 Sales tax split 62/38 Sales Tax - Capital Projects Fund 16,286,040 16,088,000 16,354,000 16,681,000 17,140,000 17,482,000 Use Tax 2,502,000 2,502,000 2,552,000 2,603,000 2,655,000 2,708,100 2026: Based on three-year average, with no major developments included at this time 2027- 2030: 2% Increase Franchise Fee 1,123,392 - - - - - 2025: Utilization of 1% Franchise Fee for Holy Cross underground utilities project ($1.1M) Federal Grant Revenue - - - 2,273,725 - - 2028: Federal Tax credit rebate on Energy Efficiency upgrade projects ($2.3M - Increased due to proposed cash funding impacts ) - See Project Narrative C01 Other State Revenue 1,171,964 1,781,507 - - - - 2025: Roll forward unused MMOF Grant towards Mobility Hub Design ($750.0K); CO Energy Office Geothermal Design Grant ($250.0K); MMOF Grant toward Bollards ($92.0K); CDOT Grant towards 3 electric bus chargers ($154.1K); Eliminate Reappropriation of CDOT #22-HTR-ZL-011 Received in 2024 (154.0K); 2025: DOLA Housing Capacity Grant utilized towards permitting software ($80.0K); 2026: State GeoX System Tax Credit ($1.8M) - See Project Narrative C01 Lease Revenue 172,270 172,270 172,270 180,884 180,884 180,884 Per Vail Commons commercial (incr. every 5 years) Project Reimbursement- TR Land Reimbursement - 4,399,500 - - - - 2026: Timber Ridge Land Reimbursement ($4.4M) Project Reimbursement 774,437 - 7,500 - - - 2025: Reappropriate utilization of HCE Funds for Underground Utility Project with Holy Cross ($774.4K); 2027: Rebates associated with Energy Efficiency upgrade projects ($7.5K) - See Project Narrative C01 Donations - 9,000 - - - - 2026: Utilization of Friends of Library Donations towards Game Table ($9.0K) Timber Ridge Loan repayment 462,909 3,488,184 - - - - 2026: Full repayment of remaining balance of 2013 loan from the Capital Projects Fund to the Timber Ridge Fund ($3.5M) Earnings on Investments and Other 1,292,936 139,000 177,000 212,000 403,000 363,000 2026: 2.5% return assumed; 2027 - 2030: 2.0% return assumed Total Revenue 23,785,948 28,579,461 19,262,770 21,950,609 20,378,884 20,733,984 Expenditures Facilities Facilities Capital Maintenance 430,000 360,000 487,500 315,000 552,500 495,000 Annual repair and maintenance costs of Town-owned facilities. 2026 includes: -Fire Station Upkeep ($97.5K) -Library Hot Water Heater & Fire Panel Replacement ($17.8K) -Transit Cetner Upkeep ($50.0K) -Public Work Shops Garage Door & Window Replacements ($45.0K) -Miscellaneous Facility R&M ($150.0K) Municipal Complex Maintenance 702,788 - 10,000 10,000 220,000 70,000 Annual repair and maintenance cost of Municipal Complex including the Police Department Building Energy Enhancement Projects 75,000 - - - 25,000 25,000 2025: Re-appropriate unspent placeholder funds towards efficiency enhancements in Town building, pending results of 2024 Energy Audit ($50.0K); 2029 - 2030: Placeholder for Facility Energy Upgrades Public Works Building Maintenance - 100,000 - - - - 2026: Placeholder for Public Works Building roof rehabilitation/repairs ($100.0K) Public Works Specialty Equipment 30,000 - - - - - 2025: Purchase of Sign Shop Printer ($30.0K) Welcome Center/Grandview Capital Maintenance 25,000 25,750 26,523 27,319 28,139 28,983 Placeholder for annual capital maintenance of Welcome Center and Grandview Room Welcome Center display upgrades - 150,000 - - - - 2026: Placeholder for routine updates to Welcome Center Displays Purchase of Employee Rental Units 2,046,641 - - - - - 2025: Re-appropriate funds towards purchase of Hamlet Townhome Unit #3 ($1.8M); New funding as true- up for Hamlet #3 unit due to final commission negotiations and discrepancy during staff turnover ($234.9K); All Future purchases of employee units will be reflected in the Internal Housing Fund Page 42 181 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Geothermal Energy System 343,096 - - - - - 2025: Placeholders for geothermal component of snowmelt boiler replacement ($1.5M); Re-appropriate design funds for Geothermal Energy District ($394.9K); Reduce budget by $51.8K for Art Studio budget increase to connect to existing Geothermal Well in RETT fund ($51.8K); Utilize placeholder for Geothermal Energy System towards the 2026 Energy Performance Contract which includes the first Geothermal Node ($1.5M); Next steps are currently unfunded - See Project Narrative FUT02 Energy Efficiency Performance Contract - 9,123,235 - - - - 2026: Energy efficiency upgrade package - See Project Narrative C01 Includes the following measures: -Geothermal Energy Node/Borefield at Library & Dobson Ice Arena (Ground Source Heat Pump) -Parking Structure LED Fixtures -Solar Systems and Battery Storage at Library and Donovan Pavilion -17 Level 2 EV Charging Stations at Donovan Park Pavilion, Ford Park, Stephen's Park, Public Works, and Vail Golf Clubhouse -Snowmelt and Facility Heating Control upgrades -Other miscellaneous items such as window & insulation upgrades and fire pit flame reductions Snowmelt Boilers Replacement 1,895,594 - 1,025,000 525,000 - 25,000 Placeholder for routine replacement of snowmelt boilers with like-equipment; May be necessary depending on financial and technical feasibility and timing of the Geothermal Energy District currently under exploration Arrabelle Snowmelt Boilers 190,000 - - - - - 2025: Re-appropriate funds towards Arabelle Boiler Replacement - Shared cost managed by Vail Resorts ($190.0K) Donovan Pavilion Remodel 109,500 25,000 - - - - 2025: Main Floor refinishing/resealing ($35.0K); Walk-behind floor buffer/sweeper ($10.0K); Furniture Replacements ($14.5K); Re-appropriate 2024 placeholder as capital maint contingency ($50.0K) 2026: Placeholder for annual Capital Maintenance at Donovan Park Pavilion ($25.0K) Mountain Plaza Elevator Renovation 100,000 - - - - - 2025: Placeholder for Mountain plaza elevator renovation (shared cost with Vail Resorts) Vail Mobility Hub Expansion 1,500,000 - 2,000,000 - - - 2025: Re-appropriate funds for design of Vail Mobility Hub Expansion, offset by $750K MMOF match grant included in state reimbursements above ($1.5M) 2027: Placeholder for TOV portion of construction of Vail Mobility Hub Expansion; Contingent on receipt of grant funding and design outcomes - See Project Narrative C03 Fire Sprinkler Upgrades at Bus Barn 850,000 - - - - - 2025: Reappropriate funds towards Bus Barn fire sprinkler upgrades; Project is still in engineering phase ($600.0K); Utilize 2024 savings in routine PW Shops maintenance towards increase in estimated cost of Bus Barn fire sprinkler upgrades, pending design outcomes ($180.0K); Utilize additional savings in Bus Barn Charger upgrades towards increased cost in Fire Sprinkler upgrades based on design outcomes ($70.0K) - See Project Narrative C04 Public Works Shops Expansion 18,058 - - - - - 2025: Re-appropriate funds towards architectural feasibility and planning for identified phase two expansion opportunities ($18.0K) Total Facilities 8,315,677 9,783,985 3,549,023 877,319 825,639 643,983 Parking Page 43 182 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Parking Structures 2,914,577 1,275,000 1,315,000 1,405,000 1,245,000 1,388,500 Various annual repairs including deck topping replacement, expansion joint repairs, ventilation, HVAC, plumbing and other structural repairs 2025 includes: -Placeholder for beautification at Vail Transit Center ($200.0K) -Re-appropriate funds towards priority structural repairs/rehab as identified in the study ($717.6K); -Additional funding towards priority structural repairs/rehab as identified in the study ($500.0K) Lionshead Structure East Stair Snowmelt - 150,000 750,000 - - - 2027: Design of Snowmelt System for Lionshead Structure East Stairs ($150.0K) - See Project Narrative C05 2028: Construction of Snowmelt System for Lionshead Structure East Stairs ($750.0K) - See Project Narrative C05 Village Transit Center Fire Sprinkler System Replacement - - - - - 250,000 2030: Design of Village Transit Center Fire Sprinkler System Replacement ($250.0K) Parking Entry System / Equipment 353,214 85,000 1,133,050 90,177 92,882 95,668 Ongoing Parking Entry System capital repair and maintenance 2025: Re-appropriate funds for remaining parking system replacement costs, including subscription recognized over 5-years ($233.2K); Re-appropriate ongoing parking replacement equipment purchases for damaged items ($55.0K); Shift parking maintenance budget from GF for accounting consistency ($50.0K); Parking pass system buildout for summer passes ($15.0K) 2027: Placeholder for Parking Structure Entry System Replacement ($1.0M) Red Sandstone Parking Structure - 50,000 - - - - 2026: Placeholder for routine capital maintenance at RedSandstone Parking Structure ($50.0K) Parking Structure Camera systems - - - - 2,500,000 - 2029: Installation of camera systems for both safety and vehicle counts at Vail Village structure ($2.5M) Total Parking 3,267,791 1,560,000 3,198,050 1,495,177 3,837,882 1,734,168 Transportation Bus Shelters 50,000 405,000 230,000 30,000 30,000 30,000 Annual Bus Shelter Maintenance ($30.0K) 2025: Add solar lighting to existing shelters ($20.0K) 2026: Design and Construction Bus Shelter at Vail Run Stop ($375.0K) - See Project Narrative C06 2027: Placeholder for capital maintenance at Town bus shelters ($200.0K) Bus Stop Amenities - 50,000 50,000 - - - 2026-2027: Add bus stop amenities at locations throughout Town without shelters (concrete pads, benches, etc.) Timber Ridge Transit Stop 1,908,277 - - - - - 2025: Re-appropriate construction of a transit stop at the new Timber Ridge housing development ($1.9M) Replace Buses 2,139,050 - - - 10,225,000 8,064,000 2025: Re-appropriate $2.1M for two electric buses which are still awaiting delivery (May be offset by $1.6M of potential federal grant funding) 2029: Replace 8 hybrid busses with electric buses ($10.2M) - See Project Narrative C07 2030: Replacement the remaining 6 Hybrid buses with electric buses ($8.1M) - See Project Narrative C07 Electric bus chargers and electrical service rebuild - - - - 695,000 840,000 2025: Utilize savings in electric bus chargers towards Bus Barn Sprinkler Upgrades ($268.8K) 2029: Bus Charger Expansion for 8 new Buses ($695.0K) - See Project Narrative C07 2030: Bus Charger Expansion for 6 new Buses ($840.0K) - See Project Narrative C07 Bus Transportation Management System - - - 1,000,000 - - 2028: Placeholder for replacement of Bus Transportation Management System at end of life ($1.0M) Hybrid / Electric Bus Battery Replacement - 360,000 - 500,000 500,000 540,000 2026 - 2030: Placeholders for scheduled replacement of batteries in Hybrid and Electric buses Bus Camera System - 320,000 - - - - 2026: Replace current fleet of 33 buses with updated camera surveillance system. In 2026 the camera system will be 11 years old and reaching end of life ($320.0K) - See Project Narrative C08 Page 44 183 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Car Share Program Infrastructure - - - - - - 2025: Purchase of two vehicles ($100K) for car share program; upgrades to Electric Chargers ($17.7K) for implementation of Car Share program Total Transportation 4,097,327 1,135,000 280,000 1,530,000 11,450,000 9,474,000 Road and Bridges Capital Street Maintenance 1,660,000 1,560,000 980,000 2,295,000 2,300,000 2,300,000 Annual Capital Maintenance of Town-maintained streets; 2026 includes: -Labeling of all Town-owned Storm Drains to indicate drainage to the Creek ($90.0K) - See Project Narrative C09 -Surface Sealing ($285.0K) -Asphalt Mill & Overlay ($450.0K) -Drainage Improvement ($110.0K) Street Light Improvements 515,000 80,000 80,000 80,000 80,000 80,000 Annual Town-Wide street light replacement ($80.0K); 2025: Re-appropriate funds towards neighborhood street light replacements scheduled for this year ($440.0K) Neighborhood Bridge Repair 408,036 500,000 - - - 1,400,000 2025: Re-appropriate ongoing bridge scour mitigation project at Chamonix Rd ($408.0K) 2026: Kinnikinnick east bridge rehabilitation ($500.0K) - See Project Narrative C10 2030: Placeholder for bridge rehabilitation ($1.4M) Pedestrian Bridge Repair - - - 400,000 - - 2028: Rehabilitation of the pedestrian bridge over I-70 ($400.0K) Seibert Fountain Improvements 27,082 100,000 - - - - 2025: Utilize 2024 savings from circulation pump replacement not implemented towards repairs to the drain lines in the equipment vault to prevent flooding ($27.1K) Roundabout Lighting Project 488,939 - - - - - 2025: Re-appropriate funds to complete lighting project at Town Center ($488.9K) Traffic Counters - 250,000 - - - - 2026: Roundabout Traffic Counters ($250.0K) - See Project Narrative C11 Neighborhood Road Reconstruction 1,553,694 100,000 750,000 - - - 2025: Re-appropriate funds towards delayed Meadow Dr culvert lining, Black Gore Dr culver replacements, and Meadow Dr/Meadow Ln drainage improvements design ($1.6M) 2026: Design of Vail Road/Vail Valley Drive Bike Lanes & Sidewalks ($100.0K) - See Project Narrative C12/C13 2027: Vail Valley Drive Bike Lanes ($750.0K) - See Project Narrative C13 Dobson Streetscape - - 500,000 5,000,000 - - 2027: Design Dobson Streetscape ($500.0K) - See Project Narrative C14 2028: Construction of Dobson Streetscape ($5.0M) - See Project Narrative C14 South Frontage Road Pedestrian Improvements 250,000 - 1,000,000 - - - 2025: Design of pedestrian improvements on the South Frontage Road (paved bike lanes/shoulders, sidewalk sections) between W LH Circle and E LH Circle, and Donovan to Westhaven ($250.0K) 2027: Construction of pedestrian improvements from W LH Circle to E LH Circle ($1.0M) Frontage Road Improvements near Ford Park - - - 150,000 - - 2028: Concept design of angled parking on South Frontage Road at Ford Park ($150.0K) Vail Village Streetscape/Snowmelt Repair 250,000 - - - - - 2025: Re-appropriate funds towards Vail Village snowmelt repairs with a reduced scope ($900.0K) East Mill Creek Culvert Replacement - - 100,000 500,000 - - Reline the metal pipe culvert from Vail Valley drive from Gold Peak to Manor Vail 2027: Design ($100.0K); 2028: Construction ($500.0K) Sandstone Creek Culvert Replacement at Vail View - - - 100,000 500,000 - Reline the metal pipe culvert at Sandstone Creek and Vail View Drive 2028: Design ($100.0K) 2029: Construction ($500.0K) Lionshead Streetscape/Snowmelt Replacement (VRA)- - - - - - 2025: Re-appropriate funds as contingency for snowmelt repairs ($50.0K) Total Road and Bridge 5,152,751 2,590,000 3,410,000 8,525,000 2,880,000 3,780,000 Technology Page 45 184 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Town-wide camera system 80,000 60,000 60,000 60,000 70,000 70,000 Annual maintenance of Town-wide camera system 2025: Utilize 2024 savings in routine camera maintenance towards placeholder for installation of cameras $ Audio-Visual capital maintenance 100,000 50,000 50,000 50,000 50,000 50,000 Annual maintenance of hardware set to support internal and external meeting spaces ($50.0K) 2025: Update of A/V systems in Council Chambers, Grandview/Library/Community room/Donovan A/V systems; Replacement cycle every 3-5 years ($100K) Cybersecurity 140,000 172,500 177,500 198,500 200,000 205,000 Annual Investment in cybersecurity, to keeps up with the ongoing changes that are required to maintain a safe and secure computing environment; Includes annual fees for security programs Software Licensing 995,135 1,280,778 1,368,343 1,604,193 1,642,969 1,681,998 Annual software licensing and support for town wide systems (3% Annual Increase) 2025: UbiPark annual fees - implemented Fall 2024 ($36.0K) Hardware Purchases 90,000 100,000 100,000 125,000 125,000 125,000 Workstation replacements (20-25 per year) Website and e-commerce 75,000 70,000 75,500 80,500 88,000 93,000 Annual website maintenance (3% Annual Increase) Fiber Optics / Cabling Systems in Buildings 225,000 75,000 75,000 75,000 75,000 75,000 Repair, maintain & upgrade cabling/network Infrastructure ($75.0K) 2025: Reappropriate funds towards ongoing design of redundant Fiber Optic paths in the Town ($719.9K) Network upgrades 150,000 150,000 150,000 150,000 150,000 150,000 Computer network systems - replacement cycle every 3-5 years ($150K) Data Center (Computer Rooms)150,000 100,000 100,000 125,000 1,500,000 150,000 Annual data center maintenance ($150K) 2029: Placeholder for replacement of Data Center Equipment ($1.35M) Broadband (THOR)115,000 118,450 122,004 125,664 129,434 133,317 Annual Broadband Expenses (3% Annual Increase) Business Systems Replacement 1,705,671 175,000 1,230,000 30,000 30,000 30,000 2025: Placeholder for Human Resources/Enterprise Information System ($120.0K); Employee Housing Unit compliance software ($35.0K); Re-appropriate funds for ongoing Budget Software Implementation ($18.0K); Strategic Planning Milestone tracking software ($49.9K); Parking data reporting software ($17.3K); $150.0K increase in HR/Enterprise IS system to include replacement of the payroll system; 2025 (Approved by council out-of-cycle; Will be included in 3rd Supplemental): Increase in HR/Payroll system cost ($1.1M); Com Dev Permitting Software, partially offset by DOLA local capacity planning grant ($140.2K) 2026: Finance Paperless A/P Software Implementation ($35.0K) - See Project Narrative C15 2026: Internal Employee Housing Software Implementation ($40.0K) 2026: Contingency for other Business System Replacements, potentially including expanded cost of Housing compliance software ($100.0K) 2027: Placeholder for replacement of Financial Management System ($1.2M) - See Project Narrative C16 Total Technology 3,825,806 2,351,728 3,508,346 2,623,857 4,060,402 2,763,314 Public Safety Public Safety IT Equipment 75,000 100,000 100,000 110,000 110,000 110,000 Annual Maint/Replacement of PD IT Equipment including patrol car and fire truck laptops and software used to push information to TOV and other agencies; TOV portion of annual Intergraph software maintenance Public Safety Equipment 241,387 368,908 217,408 217,408 217,408 217,408 Annual licensing/maintenance costs for Axon Body-Worn Camera Equipment ($102.0K), Flock License Plate Readers ($15.0K), and Axon Artificial Intelligence ($83.5K) - See Project Narrative C17 2025: Purchase of Skydio X10 Drones ($48.4K) 2026: Anti-Vehicle Barriers ($135.0K) - See Project Narrative C18 2026: Explosives Detection Canine ($16.5K) - See Project Narrative C19 Page 46 185 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Fire Safety Equipment 45,000 55,680 493,000 245,860 - 195,000 2025: Knox Box System Replacement/Upgrade ($45.0K): Drone Expansion ($16.0K); Extrication Equipment ($35.0K) 2026: Extrication Equipment ($40.0K); Placeholder for purchase of thermal imaging cameras ($15.7K) 2027: Self-contained breathing apparatus replacement ($493.0K) 2028: Heavy Hydraulic Extrication Equipment Replacement ($130.0K); Special Rescue Trailer Replacement ($50.0K); Fire Hose Replacement ($50.0K); Placeholder for purchase of thermal imaging cameras ($15.9K) $ $ Radio Equipment replacement/expansion 1,020,000 - - - - 1,195,000 2025: Replacements of radios for PW, PD and Fire (approximately every 5 years) ($1.0M) 2030: Replacements of radios for PW, PD and Fire (approximately every 5 years) ($1.2M) Fire Truck Replacement 69,285 - 1,400,000 - - 1,600,000 2025: Re-appropriate remaining funds for Enforcer Aerial Ladder Truck Upfitting ($69.3K) 2027: E3 Regular Fire Engine Replacement ($1.4M) 2030: Replace fire engine ($1.6M) Total Public Safety 1,450,672 524,588 2,210,408 573,268 327,408 3,317,408 Community and Guest Service Children's Garden of Learning Capital Maintenance 32,248 - - - - - 2025: West Side Siding replacement due to warping from weather exposure utilizing 2024 savings in gutter/heat tape replacement ($32.2K) Energy Enhancements 35,872 - - - - - 2025: Installation of EV stations to meet increased demand ($130.0K); Utilize 2024 savings in new charger installations towards upgrading existing Level 2 Wiring and addition of Tesla chargers to Level 3 stations in Lionshead Parking Structure ($62.9K); Utilize savings in 2025 deferred projects towards Energy Performance Contract which includes installation of new EV chargers (-$157.0K) Pedestrian Safety Enhancements 566,213 250,000 3,000,000 - - - 2025: Design of Pedestrian improvements through Main Vail Underpass ($200.0K); Re-appropriate funds towards RFP Crossing near Safeway to be constructed this year ($366.2K) 2026: Design of Pedestrian Improvements through Main Vail Underpass ($250.0K) - See Project Narrative C20 2027: Construction of Pedestrian Improvements through Main Vail Underpass ($3.0M) - See Project Narrative C20 Bollard Installation Project 389,747 150,000 150,000 150,000 - - 2025: Re-appropriate ongoing bollard installation project partially offset by MMOF Grant funding ($389.7K) 2026-2028: Design of Future Bollard Installation in Villages - See Project Narrative C21 Underground Utility improvements 4,181,558 - - - - - 2025: Re-appropriate underground HCE from Main Vail to East Vail in conjunction with fiber conduit scheduled to begin in 2025 ($4.2M) Land Safety Improvements 2,040,000 - - - - - 2025: Rock fall mitigation on Town-owned land on the northside of Lionsridge Loop near Timber Ridge and Lionsridge housing sites Guest Services Enhancements/Wayfinding 717,413 100,000 300,000 - - - 2025: Re-appropriate funds towards ongoing replacement of damaged signs ($6.9K); Utilize savings from electric bus signage project towards ongoing replacement of damaged signs ($15.0K); Re-appropriate ongoing installation of new signage to guide guests to available parking ($695.5K) 2026: Placeholder for replacement of worn/outdated wayfinding signage ($100.0K) 2027: Design of updated Wayfinding Signage Program ($300.0K) Library Capital Equipment - 9,000 - - - - 2026: Library Game Table (Offset by Friends of Library Donations) ($9.0K) Page 47 186 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Vehicle Expansion 110,974 452,645 - - - - 2025: Vehicle for Deputy Chief of Community Risk Reduction position (added in 2024); Upfitting of two PD take-home expansion vehicles ($46.0K) 2026: Three additional take-home Police Vehicles to meet operational needs ($276.0K) - See Project Narrative C22 2026: Two Code Enforcement pickup trucks to allow for ongoing parking enforcement activities during periods in which Sign Trucks are in use (126.7K) - See Project Narrative C23 2026: Pickup Truck for proposed Building Maintenance Specalist Position ($50.0K) Total Community and Guest Service 8,074,025 961,645 3,450,000 150,000 - - Total Expenditures 34,184,049 18,906,946 19,605,827 15,774,620 23,381,331 21,712,874 Dobson Financing Sources/(Uses) Transfer Fund Balance from RETT 5,747,149 - - - - - 2025: Transfer Dobson maintenance budget from RETT 5 year plan; Reduce funds available for transfer used for repairs completed in 2024 ($15.4K); Increase transfer from RETT for Dobson Arena Redevelopment ($5.0M) Transfer from General Fund 8,000,000 (5,000,000) (3,000,000) - 2025: Transfer from General Fund for Dobson Arena Redevelopment 2026: Partial Repayment of Repayment of Dobson Arena loan from General Fund ($5.0M) 2027: Repayment of Dobson Arena loan from General Fund ($3.0M) Vail Recreation District Contribution 3,400,000 - - - - - 2025: Contribution from VRD towards Dobson Redevelopment Transfer from Vail Reinvestment Authority 15,484,572 6,242,691 5,450,311 5,694,152 5,693,994 5,950,519 2025: Re-appropriate transfer from VRA for Dobson Redevelopment ($1.7M); Increase transfer from Vail Reinvestment Authority towards Dobson Arena Redevelopment ($6.1M) 2026 - 2030: Repayment from VRA for Dobson Redevelopment Dobson Redevelopment (52,091,906) - - - - - 2025: Dobson redevelopment; Reappropriate funds towards ongoing Dobson Arena Redevelopment to begin construction in spring ($1.7M) Total Net Dobson Financing Sources/(Uses)(19,460,185) 1,242,691 2,450,311 5,694,152 5,693,994 5,950,519 Southface Certificates of Participation Source/(Uses) West Middle Creek COP Proceeds 65,308,920 - - - - - Recognize revenues and expenditures related to the issuance of Interest Earned on COPs 2,726,590 - - - - - Certificates of Participation for the Southface project, and transfer of Discount on Bond Proceeds (186,307) - - - - - funds to Vail Home Partners for development Costs of Issuance and Compliance (323,250) - - - - - Cost of COP issuance Debt Service Payments (1,821,680) (3,433,531) (3,433,531) (3,433,531) (3,433,531) (3,433,531) Southface debt payments Southface Reimubrsements - - 1,821,679 3,433,531 3,433,531 Reimbursement for debt payments from Southface rental payments Transfer to Vail Home Partners (57,225,359) - - - - - COP funds transferred to Vail Home Partners for Southface development Southface COP Sources/(Uses)8,478,914 (3,433,531) (3,433,531) (1,611,852) - - Excess Bond Proceeds are restricted for capitalized debt payments in the fund balance Other Financing Sources/(Uses) Debt Service Payment (1,158,298) (1,156,490) (1,159,456) (1,157,070) (1,159,422) (1,156,423) PW Shops Debt Service Payment Transfer to Internal Employee Housing Fund (52,631) (8,500,000) - - (2,500,000) (2,500,000) 2025: Transfer to IEHRF for incomplete remodel projects on new units from 2024, including Buffehr Creek Unit window replacements ($52.6K) 2026: Transfer to IEHRF for purchase of Timber Ridge Units to be rented to TOV employees ($8.5M) - See Project Narrative IEH01 Page 48 187 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE CAPITAL PROJECTS FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Transfer to Housing Fund (2,500,000) (1,000,000) (1,000,000) (1,000,000) (1,000,000) (1,000,000) Annual appropriation towards community housing projects (Transfer to Housing Fund) Transfer to W. Middle Creek for start-up Operations - - (5,000,000) - - - Transfer $5.0M To West Middle Creek for first several years of operations Transfer to Housing Fund (W. Middle Creek)(5,535,184) 3,151,660 2,383,524 - - - Loan to HF for W. Middle Creek (Increase total to $10.0M Previously in GF); Decrease loan to Housing Fund for W. Middle Creek (-$4.5M) reimbursed by bond proceeds Total Other Financing Sources/(Uses)(9,246,113) (7,504,830) (4,775,932) (2,157,070) (4,659,422) (4,656,423) Revenue Over (Under) Expenditures (30,625,485) (23,155) (6,102,209) 8,101,219 (1,967,875) 315,206 Beginning Fund Balance 50,037,289 19,411,804 19,388,649 13,286,440 21,387,659 19,419,784 Ending Fund Balance 19,411,804 19,388,649 13,286,440 21,387,659 19,419,784 19,734,990 Reserved Fund Balances Minimum Reserve Requirement (25% of Sales Tax)3,996,000 4,022,000 4,088,500 4,170,250 4,285,000 4,370,500 Southface COP Debt Service Reserve 8,478,915 5,045,383 1,611,852 - - - Southface Operating Reserve 5,000,000 5,000,000 - - - - Total Ending Reserved and Restricted Fund Balances 17,474,915 14,067,383 5,700,352 4,170,250 4,285,000 4,370,500 Ending Fund Balance- Available 1,936,890 5,321,266 7,586,088 17,217,409 15,134,784 15,364,490 Page 49 188 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Revenue Real Estate Transfer Tax 8,181,171$ 7,777,000$ 7,854,770$ 7,933,318$ 8,012,651$ 8,092,777$ 2026: Down 5% from 2025 Forecast Golf Course Lease 191,285 195,111 199,013 202,993 207,053 211,194 Annual lease payment from Vail Recreation District; Rent income funds the "Recreation Enhancement Account" below; Increase based on CPI Intergovernmental Revenue 5,416,192 80,000 30,000 30,000 30,000 30,000 y p p p j ( ) 2025: Roll forward remaining ERWSD reimbursement for Dowd Junction stabilization ($205.3K); Roll forward remaining Bear Education Grant from Colorado Parks and Wildlife ($10.8K); USFS Grant for Booth Creek Fuels Reduction ($125K); County Contribution towards East Vail Bighorn Sheep Habitat Conservation ($5.0M) Eagle County Wildfire Mitigation IGA ($45.0K) 2026: Additional USFS Grant #24PA11021500049-MOD 1 towards additional Booth Creek Fuels Reduction ($50.0K) - See Program Narrative RP01 Project Reimbursements 93,325 100,000 - - - - 2025: Roll forward Middle Creek restoration contribution from Evergreen Redevelopment ($75.0K) 2025: CC4CA Reimbursements towards additional conference costs ($18.4K) 2026: Reimbursement from Betty Ford Alpine Gardens for private donations towards Art Studio outdoor gathering space ($100.0K) - See Project Narrative R07 Donations 97,000 65,000 65,000 - - - 2025: Kosloff Foundation and Winmax Foundation Donations towards Winterfest ($10.0K) 2025: Logan Donation towards Art Studio Programming ($70.0K) 2025: WinMax Foundation & Vail International Gallery Donations towards Inaugural Art Studio Grand Prize ($2.0K) 2025: Open Space donation from Borgen Family ($15.0K) 2026: Logan Donation towards Art Studio Programming ($65.0K) 2027: Logan Donation towards Art Studio Programming ($65.0K) Recreation Amenity Fees 10,000 10,000 10,000 10,000 10,000 10,000 $10K annually Bag Fees 58,400 64,400 69,400 69,400 69,400 69,400 2025: Utilize bag fees towards Hard to Recycle events and Zero Hero support ($50K); True-up bag fee usage to Hard to Recycle and Zero Hero budgets ($8.4K) 2026-2030: Utilize bag fees towards Hard to Recycle events and Zero Hero support ($64.4K) Earnings on Investments and Other 213,405 177,000 100,000 122,000 105,000 92,000 2026: 2.5% return assumed; 2027 - 2030: 2.0% return assumed Total Revenue 14,260,778 8,468,511 8,328,183 8,367,711 8,434,104 8,505,372 Expenditures Management Fee to General Fund (5%)409,059 388,850 392,739 396,666 400,633 404,639 5% of RETT Collections - fee remitted to the General Fund for administration Wildland Forest Health Management 747,199 848,162 872,913 898,397 924,635 951,651 Annual operating expenditures for Wildland department; 2026 includes: -$675.0K: Personnel -$5.0K: Miscellaneous Educational Programming (Ongoing) Wildland Fire Equipment - 13,000 53,800 - - 2027: Wildland hose replacement ($13.0K); 2028: VHF radio replacement ($53.8K) Page 50 189 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Wildfire Mitigation 430,000 300,000 20,400 20,808 21,224 21,649 2025: Booth Creek Fuels Implementation, partially offset by USFS grant ($275.0K); Booth Heights and Booth Creek Trailhead Fuels Reduction ($100.0K); Additional Mitigation related to Eagle County IGA ($45.0K) 2026: Booth Creek Fuels Implementation, partially offset by USFS grant ($200.0K) - See Program Narrative RP01 Fire Free Five - Rebate Program 136,135 100,000 101,000 102,020 103,060 104,122 Annual Funding for Fire Free Five Community Assistance Program - See Program Narrative RP02 Wildland Fire Shelter - 17,500 - - - - 2026: Wildland Fire Shelter Replacement ($17.5K) Fire Free Five - TOV Implementation 25,000 - - - - - 2025: Re-appropriate funds for Fire Free Five landscaping around gymnastics center ($25.0K) Total Wildland 1,296,083 1,265,662 1,007,313 1,075,025 1,048,920 1,077,421 Parks Annual Park and Landscape Maintenance 2,194,742 2,381,967 2,381,356 2,440,653 2,501,551 2,564,095 contract services); 2026 includes: -$1.3M: Personnel -$178.5K: Park Restroom/Port-a-let cleaning & emptying -$45.0K: Placeholder for contract landscape maintenance at Ford Park -$15.0K: Trail Host Program (Ongoing) Park / Playground Capital Maintenance 281,000 169,000 169,000 169,000 169,000 169,000 Annual maintenance items include projects such as playground surface refurbishing, replacing bear-proof trash cans, painting/staining of play structures, picnic shelter additions/repairs, and fence maintenance ($169.0K) 2025: Ford Park Entry Landscape ($45.0K) 2025: Re-appropriate funds towards ford Park Entry landscape improvements near Amp Bridge entry ($40.0K) Tree Maintenance 91,000 95,000 85,000 85,000 85,000 85,000 Annual on going pest control, tree removal and replacements in stream tract, open space, and park areas 2025: Re-appropriate funds towards new plantings to replace trees removed in 2024 ($6.0K) Street Furniture Replacement 107,000 200,000 130,000 110,000 110,000 110,000 Annual Placeholder for Street Furniture Replacements ($35.0K) Annual Replacement of existing trash/recycle cans with new models ($75.0K) - See Project Narrative R01 2025: Re-appropriate funds for ongoing Village and Lionshead picnic table replacement ($72.0K) 2026: Ongoing Picnic Table and Bench upgrades ($105.0K) - See Project Narrative R02 2027: Ongoing Picnic Table and Bench upgrades ($30.0K) - See Project Narrative R02 Covered Bridge Pocket Park Rehabilitation - 225,000 - - - - 2026: Covered Bridge Pocket Park rehabilitation ($225.0K) - See Project Narrative R03 Ford Park- Betty Ford Way Pavers 40,000 - - - - - 2025: Re-appropriate towards final gravel shoulder grading repair and landscaping ($40.0K) Ford Park Lower Bench Turf/Irrigation 85,000 - - - - - 2025: Replacement of worn turf grass and inefficient irrigation system ($300.0K); Utilize savings in lower bench turf project towards Ford Park Vehicle Entryway improvements ($158.0K) Ford Park Playground Improvements 85,000 - 300,000 2,200,000 - - 2025: Re-appropriate funds towards replacement of wood fiber play surface under swings with rubber surfacing for better durability ($125.0K) 2027: Design of Ford Park Playground Renovation ($300.0K) - See Project Narrative R04 2028: Construction of Ford Park Playground Renovation ($2.2M) - See Project Narrative R04 Page 51 190 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Ford Park Picnic Shelter - - - - 100,000 750,000 2029: Design of relocated Ford Park Picnic Shetler ($100.0K) - See Project Narrative R05 2030: Construction of relocated Ford Park Picnic Shelter ($750.0K) - See Project Narrative R05 Ford Park Master Plan Capital Design 199,909 100,000 100,000 - - - 2025: Re-appropriate funds for outcomes of Ford Park Masterplan Update. Projects include a park- wide ADA compliance Study, site planning for future facilities including a picnic shelter and expanded maintenance areas, wayfinding, etc. ($199.9K) 2026: Design of outcomes from Ford Park Master Plan ($100.0K) - See Project Narrative R06 2027: Design of outcomes from Ford Park Master Plan ($100.0K) - See Project Narrative R06 Art Studio Gathering Space at Ford Park - 225,000 - - - - 2026: Creation of gathering space outside of the newly constructed Art Studio ($225.0K) - Partially offset by $100K of private donations - See Project Narrative R07 Ford Park Vehicle Entryway Improvements 118,000 - - - - - 2025: Utilize savings from Ford Park Lower Bench Turf repair towards: -Parking Lot Gate Equipment Configuration ($32.0K) -Oversize Vehicle Entrance Paving repair ($45.0K) -Tennis Center Lot Manual Gate ($38.0K) -Electronic Loops at West Betty Ford Way gate ($10.0K) Turf Grass Reduction 100,836 95,000 - 65,000 - 75,000 2025: Completion of Main Vail Roundabout Turf Reduction ($100.8K) 2026: Phase 1 of Turf Reduction at Ford Park ($15.0K) - See Project Narrative R08 2028: Turf Reduction at West Vail Roundabout ($65.0K) - See Project Narrative R08 2030: Phase 2 of Turf Reduction at Ford Park ($75.0K) - See Project Narrative R08 Playground Restroom Replacements - - - - 400,000 - 2029: Replace modular restroom building at Red Sandstone Park ($400.0K) Donovan Park Improvements 10,000 425,000 - - - - 2025: Replacement of play equipment ($20.0K) 2026: Playground Safety Improvements - Replace Decks, worn equipment, etc ($425.0K) - See Project Narrative R09 Pirateship Park Improvements 13,862 - - - - - 2025: Re-appropriate funds towards ongoing improvements including two play components and minor ADA upgrades ($43.9K) Bighorn Park Playground Improvements 100,000 - - - - - 2025: Bighorn Park Play Area Maintenance ($150.0K) Gore Creek Promenade Rehabilitation 2,118,460 - - - - - 2025: Re-appropriate funds towards ongoing refresh of the Gore Creek Promenade ($328.5K); Reclass children's fountain steps at promenade to be done as part of this project ($40.0K); Gore Creek Promenade Rehabilitation funds moved forward from 2026 ($1.0M) Slifer Fountain Feature Four Repair - - - - - - 2025: Re-appropriate funds towards incomplete plumbing leak; further investigation needed prior to repair ($75.0K) Buffehr Creek Park Safety Improvements - - - 500,000 - 2029: Playground Safety Improvements ($500.0K) Ellefson Park Safety Improvements - - - 500,000 - 2029: Playground equipment replacement ($500.0K) Total Parks 4,795,608 3,915,967 3,165,356 5,069,653 4,365,551 3,753,095 Rec Paths and Trails Rec. Path Capital Maintenance 85,000 85,000 85,000 85,000 85,000 85,000 Annual Capital maintenance of the town's recreation path system ($85.0K) Page 52 191 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Recreation Path Safety Improvements 81,662 - - - 750,000 - 2025: Pedestrian Traffic Counters ($50.0K); Re-appropriate funds towards next phase of Antlers curve redesign ($31.7K) 2028: Rebuild Antlers section of Gore Valley Trail ($750.0K) Bike Safety 5,000 5,000 5,000 5,000 5,000 5,000 Annual cost for bike safety programs ($5.0K) Pedestrian Bridge Projects 303,329 - - - - - 2025: Re-appropriate funds towards ongoing pedestrian overpass rehabilitation and outcomes of upcoming pedestrian bridge report ($703.3K) Red Sandstone Soft Surface Connector Trail - - 42,000 - - - 2027: Construct Red Sandstone Soft Surface Connector Trail ($42.0K) - See Project Narrative R10 Gore Valley Trail Reconstruction 326,224 750,000 80,000 - 80,000 - 2025: Placeholder for Gore Valley Trail Maintenance ($80.0K); Library to Lionshead Nature Walk Environmental Assessment and Design ($100.0K); Utilize 2024 savings in the recreation path maintenance budget towards the rebuild of 1250' of the North Recreation Trail between Red Sandstone Road and the pedestrian overpass ($146.2K) 2026: North Rec Path Reconstruction - Red Sandstone Area ($750.0K) - See Project Narrative R11 2027: Placeholder for Gore Valley Trail Maintenance ($80.0K) East Vail Interchange Improvements 190,543 - - - - - 2025: Re-appropriate funds for repairs due to landscaping and drainage issues, including plantings and parking area improvements ($190.5K); Additional funds using 2024 savings in Water Quality Infrastructure for drainage improvements including additional concrete gutters to direct to water quality vaults and bioswale areas, and the replacement of plantings ($40.0K) Dowd Junction repairs and improvements 203,794 - - - - - 2025: Re-appropriate funds for ongoing restabilization of Dowd Junction retaining wall ($454.0K) Portalet Enclosures 40,500 - - - - - 2025: Re-appropriate funds towards screening in residential-area portalets ($40.5K) Bighorn Trailhead improvements - - 250,000 - - 2028: Placeholder for improvements to the parking area at the Bighorn Trailhead to include acquisition of easements, improved trail entry, additional parking spaces, and restroom facility to south side of I-70 ($250.0K); Total Rec Paths and Trails 1,891,052 840,000 212,000 340,000 920,000 90,000 Recreational Facilities Nature Center Operations 117,437 - - - - - 2025: Nature Center operating costs Nature Center Capital Maintenance 26,291 50,000 15,000 15,000 15,000 15,000 Placeholder for annual maintenance costs at or near Nature Center ($15.0K) 2025: Signage ($16.6K); Regravel access road ($9.7K) 2026: Additional funds for capital refresh of trails and exterior area ($35.0K) Total Recreational Facilities 143,728 50,000 15,000 15,000 15,000 15,000 Environmental Environmental Sustainability 892,663 866,809 834,642 858,144 882,333 907,230 Annual operating expenditures for Environmental department (including personnel and supplies); 2026 includes: -$769.5K: Personnel -$77.0K: Climate Action Collaborative Dues (ongoing) Page 53 192 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Recycling and Waste Reduction Programs 142,050 142,800 130,356 132,963 135,622 138,335 Annual recycling and waste reduction programs; 2026 includes: -$41.5K: Residential/Commercial Recycling Compost Program/Hauls (Ongoing) -$7.5K: Recycling Compliance and Education (Ongoing) -$38.8K: Zero Hero Program Support, offset by Bag Fees (Ongoing) -$45.0K: One Hard to Recycle Event, offset by Bag Fees (Ongoing) -$15.0K: Single-Use Plastics education and signage Water Refill Station Installation 60,000 - - - - - 2025: Installation of Water Refill stations - offset by Destination Stewardship funds transferred from GF ($60.0K) Ecosystem Health 599,325 291,000 245,610 250,312 255,108 260,001 Annual ecosystem health programs; 2026 includes: -$18.0K: CC4CA Annual Retreat - Host Community (Ongoing) -$50.0K: Open Lands Plan - Biodiversity Study Phase 2 Implementation (Ongoing) -$7.5K: Sustainable Destinations - Annual Certification Dues (Ongoing) -$55.0K: U.S. Forest Service Front Country Ranger Program (Ongoing) -$100.0K: Wildlife Habitat Improvements, Forum, and Education (Ongoing) -$50.0K: Gore Creek Pesticide Campaign (2025-2026) -$10.5K: Mountain IDEAL recertification ($10.5K) Energy & Transportation 117,510 105,000 76,500 78,030 79,591 81,182 Annual energy and transportation programs; 2026 includes: -$40.0K: Energy Smart Colorado Partnership (Ongoing) -$2.5K: Energy-Related education, outreach, program incentives (Ongoing) -$32.5K: Sole Power Plus Program (Ongoing) -$30.0K: Additional Greenhouse Gas Inventory engagement E-Bike Programs 193,000 175,000 178,500 182,070 185,711 189,426 Annual E-Bike Programs; 2026 includes: -$175.0K: Shift E-Bike Share Program (Ongoing) -E-bikes for essentials program proposed to be discontinued E-Bike Share Infrastructure 14,711 - - - - - 2025: Re-appropriate funds as placeholder for additional gravel pads and bike racks at redevelopment locations ($14.7K) Sole Power App 35,000 25,000 - - - - 2025: Development of App modifications for the Sole Power Plus App Phase 2 Expansion to include Transit and Milestones ($25K); Re-appropriate funds towards original app development ($8.0K); Additional development funds to connect app to Town's Cloud service ($2.0K) 2026: Development of App modifications for the Sole Power Plus App Phase 3 Expansion to include in-app incentives ($25.0K) - See Project Narrative R12 Streamtract Education/Mitigation 75,000 75,000 30,600 31,212 31,836 32,473 Annual streamtract education programming; 2026 includes: -$30.0K: General education programming (Ongoing) -$45.0K: Continuation of Restore the Gore Campaign Relaunch/rebrand Water Quality Infrastructure - 450,000 - - - - 2026: Installation of 270 Gutter Bins (pollution catchment devices) on additional 25% of Town storm drains ($450.0K) - See Project Narrative R13 Water Quality Initiatives 121,729 45,000 45,000 45,000 45,000 45,000 Annual monitoring of Gore Creek Macroinvertebrates - previously conducted by ERWSD ($45.0K) Page 54 193 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Streambank Mitigation 140,000 150,000 - - - - 2025: Streambank Mitigation at Ford Park in conjunction with in-stream improvements by Trout Unlimited ($100.0K); Streambank Mitigation along Mill Creek ($40.0K) 2026: Placeholder for Grant Match for streambank mitigation at Vail Golf Club Hole 11, an outcome of the Vail Golf Club Vegetation Master Plan ($150.0K) - See Project Narrative R14 Middle Creek Restoration Fund 75,000 - - - - - 2025: Re-appropriate funds towards the restoration of Middle Creek on TOV property in relation to the Evergreen redevelopment project. This will be reimbursed by the developer ($75.0K) Private Streambank Mitigation Program 50,000 - - - - - 2025: Private Streambank Mitigation Program; 2025: Re-appropriate funds towards continuation of private streambank mitigation ($50.0K) Booth Heights Open Space Conservation 84,800 - - - - - 2025: Costs to establish Booth Heights conservation easement ($84.8K) Energy Efficiency Performance Contract 105,158 - - - - - 2025: Re-appropriate funds towards ongoing Energy Audit ($105.2K) Total Environmental 2,720,907 2,325,609 1,541,208 1,577,731 1,615,202 1,653,646 Art Public Art - Operating 196,599 205,811 204,211 205,129 206,065 207,020 Annual operating expenditures for Art in Public Places department; 2026 includes: -$187.6K: Personnel -$25.0K: miscellaneous Programs & Events (Ongoing) Public Art Installations 60,000 35,000 35,000 35,000 35,000 35,000 Annual cost of installation and landscaping/beautification costs for new/donated Art Public Art - General program / art 170,567 60,000 60,000 60,000 60,000 60,000 Annual appropriation of funds to purchase sculptures, artwork, and conduct art programs/events; remainder is re-appropriated each year to accumulate towards larger purchases ($60.0K) 2025: Re-appropriate unspent funds ($110.6K) Public Art - Winterfest 83,967 30,000 30,000 30,000 30,000 30,000 Annual Winterfest budget ($30.0K) 2025: Increase Winterfest budget utilizing Kosloff Foundation and Winmax Foundation donations ($10.0K); Re-appropriate funds for Winterfest program ($44.0K) Seibert Memorial Statue- Maintenance 11,192 - - - - - 2025: Re-appropriate donated funds towards upkeep of sculpture ($11.7K) Art Space 1,055,232 - - - - - 2025: Re-appropriate funds towards construction of Art Space Studio in Ford Park anticipated to be completed in Summer of 2025 ($963.4K); Additional request for funding to connect Art Space Studio HVAC to existing Geothermal Test Well, offset by budget reduction in CPF Geothermal Project ($51.8K); Additional funds from Ford Park Lower Bench turf repair savings ($40.0K) Art Studio - Programming & Operations 142,500 147,384 147,901 86,353 88,080 89,842 Operating costs for artist in residency program utilizing the new Art Space 2025: Increase Art Studio programming budget for Logan, WinMax Foundation, and Vail International Gallery Donations ($72.0K) 2026: Increase Art Studio Programming budget for Logan donation ($65.0K) 2027: Increase Art Studio Programming budget for Logan donation ($65.0K) Artist In Residency - Capital Art Acquisitions 57,500 37,500 37,500 37,500 37,500 37,500 Capital art acquisition costs associated with artist in residency program 2025: Re-appropriate unspent funds towards 2025 program ($20.0K) Total Art 1,725,557 515,695 514,612 453,982 456,645 459,362 Community Page 55 194 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Council Contribution: Betty Ford Alpine Garden Support 80,779 80,779 82,395 84,042 85,723 87,438 Annual operating support of the Betty Ford Alpine Gardens; annual increase to follow town's general operating annual increase Council Contribution: Eagle River Watershed Support 42,000 42,000 42,840 43,697 44,571 45,462 Annual support of the Eagle River Watershed Council programs Council Contribution: Trail Alliance 22,500 52,500 53,550 54,621 55,713 56,828 Adopt A Trail Council Contribution for trails in or bordering the Town Total Contributions 145,279 175,279 178,785 182,360 186,007 189,728 VRD-Managed Facilities & Maintenance Recreation Enhancement Account 746,740 195,111 199,013 202,993 207,053 211,194 Annual rent paid by Vail Recreation District; to be re-invested in asset maintenance 2025: Roll forward unspent Enhancement Funds ($539.3K); Increase for $16.1K paid above budget in 2024; Increase for $14.3K based on 2025 CPI true-up Recreation Facility Maintenance 22,000 22,000 22,000 22,000 22,000 22,000 Annual RETT facility maintenance ($22.0K) Synthetic Turf Replacement 472,000 - - - - - 2025: Re-appropriate funds towards synthetic turf replacement ($472.0K) Golf Clubhouse 123,287 291,418 - 51,150 26,162 49,403 2025: Circulation Pump Replacement ($98.0K); Clubhouse parking lot mill & overlay ($23.9K); Clubhouse Signage ($9.4K) 2026: Clubhouse parking lot mill & overlay ($23.9K); Stucco/Stone ($37.3K); Wood Trim ($26.8K); Golf Clubhouse Asphalt Parking Areas (Split 50/50) ($0.5K): Clubhouse Circulation Pumps ($2.9K); Mitigation of ongoing water infiltration from exterior stairs/sidewalk ($200.0K); 2028: Clubhouse Exterior Door Replacement ($32.2K); Golf Clubhouse Asphalt Parking Areas (Split 50/50) ($19.0K); 2029: Clubhouse Concrete Walkways, Stairs, and Rails ($19.5K); Clubhouse Concrete Drain Pans/ Curb & Gutter ($29.9K); 2030: Clubhouse Concrete Walkways, Stairs, and Rails ($19.5K); Clubhouse Concrete Drain Pans/ Curb & Gutter ($29.9K) Athletic Field Restroom/Storage Building 1,000,000 - - - - - 2025: Re-appropriate $1.0M for the replacement of existing restroom/concession with new 2000 sq. ft. restroom/storage building Golf Course - Other 36,023 18,512 72,251 33,359 34,948 106,286 2025: Maintenance building asphalt driving and parking area ($4.0K); Re-appropriate funds towards ongoing routine projects with VRD including Streambank Restoration ($432.1K) 2026: Maintenance building exterior doors ($3.5K); Wedding Island Bridge ($15.0K) 2027: 1st hole path planking ($23.8K); 2027: 1st hole bridge planking and stone veneer ($26.7K); 2nd hole bridge planking ($7.1K); 11th hole pedestrian bridges ($9.4K); Other ($5.2K) 2028: Maintenance building stucco ($25.3K); 2028: Maintenance building asphalt ($4.7K); Maintenance building wood privacy fencing ($3.4K) 2030: 1st hole path planking ($61.8K); Maintenance Building Wood Trim & Soffits ($44.5K) Ford Park / Tennis Center Improvements 205,020 376,148 - - - 24,719 2025: Wood siding and windows ($54.2K); Re-appropriate funds towards Tennis Center Improvements ($150.9K) 2026: Rebuild of tennis courts, retaining walls, and court fencing ($350.6K); Concession / Restroom Exterior Siding ($19.5K); Sports Center Painting ($6.0K) 2030: Concession / Restroom Exterior Siding ($24.7K) Page 56 195 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE REAL ESTATE TRANSFER TAX FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan Change from First Reading 2025 Forecast 2026 2027 2028 2029 2030 Description Athletic Fields 173,809 2,980 26,704 - 5,825 13,347 2025: Asphalt parking lot ($99.3K); Re-appropriate funds towards ongoing improvements ($74.5K) 2026: Asphalt parking lot repairs ($3.0K) 2027: Asphalt parking lot repairs ($11.1K); Wood Structure Paint ($9.3K); Wood trim, post, & beam repair ($6.2K) 2029: Coated Exterior Gypsum Board ($5.8K) 2030: Asphalt parking lot repairs ($13.3K) Gymnastics Center 364,921 - - - 62,104 476,603 2025: Replace Airconditioning Unit 2029: Furnace ($31.1K); Elevator ($31.1K) 2030: Placeholder for Leak Repair / Waterproofing ($95.9K); Roofing Repair ($355.9K); Retaining Wall Repair ($24.7K) Total VRD-Managed Facilities & Maintenance 3,543,800 906,169 319,968 309,502 358,092 903,552 Total Expenditures 16,671,072 10,383,231 7,346,980 9,419,919 9,366,051 8,546,443 Other Financing Sources (Uses) Transfer from General Fund - Destination Stewardship 70,010 - - - - - 2025: Transfer from General Fund for Implementation Steps of Destination Stewards Management Plan: Greenhouse Gas Inventory and Modeling ($10.0K) 2025:Transfer from General Fund Destination Stewardship budget for installation of water refill stations ($60.0K) Transfer (to) General Fund - Destination Stewarship - - - - - - 2025: Re-appropriate transfer to General Fund for increase in budget/scope of ongoing Destination Stewardship Management Plan ($13.5K) Transfer from/(to) CPF (5,747,149) - - - - - 2025: Transfer to Capital Projects Fund for Dobson Arena (utilizing savings in annual Dobson maintenance); Reduce transfer based on funds spent in 2024 ($15.4K); Increase transfer to Capital Projects Fund towards Dobson Arena ($5.0M) Revenue Over (Under) Expenditures (8,087,433) (1,914,720) 981,203 (1,052,208) (931,946) (41,071) Beginning Fund Balance 15,184,790 7,097,357 5,182,637 6,163,840 5,111,632 4,179,686 Ending Fund Balance 7,097,357$ 5,182,637$ 6,163,840$ 5,111,632$ 4,179,686$ 4,138,615$ Minimum Reserve Requirement 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ Above Minimum (Available Fund Balance)5,097,357$ 3,182,637$ 4,163,840$ 3,111,632$ 2,179,686$ 2,138,615$ Page 57 196 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE HOUSING FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan 2025 Forecast 2026 2027 2028 2029 2030 Revenue Housing Sales Tax 5,178,308$ 5,141,000$ 5,225,903$ 5,330,452$ 5,476,896$ 5,586,434$ 2026: Flat, with adjustments for anticipate redevelopment impacts 2027- 2030: 2% Increase, with adjustments for anticipated redevelopment impacts Housing Fee in Lieu Annual Collections 10,718 - - - - - Transfer in from Capital Projects Fund - Community Housing 2,500,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 2026 - 2030: Annual Transfer from Capital Projects Fund for InDeed Program ($1.0M) - See Project Narrative H01 Workforce Housing Sales 1,075,000 - - - - - 2025: Roll forward resale revenue for Pitkin Creek #3B ($625.0K); Estimated Resale Revenue for Pitkin Creek #7N ($480.0K) Housing Late Fees 12,300 - - - - - Government Reimbursements- Vail Home Partners 4,464,816 - - - - - 2025: Repayment of predevelopment costs from Vail Home Partners for West Middle Creek bond proceeds ($4.5M) Transfer in from Capital Projects Fund - COP Reimbursement Deed Restriction Buyouts 865,400 - - - - - 2025: Deed Restriction buyout at 363 Beaver Dam Circle ($275.4K); Deed restriction buyout at 315 Mill Creek Cir ($410.0K); Deed restriction buyout at 2349 Chamonix Lane ($180.0K) Earnings on Investments 272,120 25,000 - - - 21,000 2026: 2.5% return; 2027-2030: 2% return assumed Total Revenue 14,378,663 6,166,000 6,225,903 6,330,452 6,476,896 6,607,434 Expenditures Management Fee to General Fund (5%)258,915 257,050 261,295 266,523 273,845 279,322 5% Housing Sales Tax Administrative fee Housing Programs InDeed Program 4,135,645 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Annual Funding for Vail InDeed Program - See Project Narrative H01 Buy Down Housing 161,622 - - - - - 2025: Re-appropriate utilization of housing fee in lieu towards Buy Down housing Timber Ridge Unit Purchases - 13,949,948 - - - - 2026: Commitment to purchase TR units for community rental totaling $25.5M ($3.0M contribution to Habitat- HF, $14.0M for community use- HF, $8.5M for TOV employees -GF) - See Project Narrative H02 Future Purchases 3,227,600 - - - - - Placeholder for Buy Down housing purchases Pitkin Creek Unit #3B - - - - - - Pitkin Creek Unit #7N 547,400 - - - - - Purchase of Pitkin Creek #7N for resale ($547.4K) Construction Housing Projects Timber Ridge Habitat Contribution 2,000,000 3,000,000 - - - - 2025: $2.0M contribution to Habitat for Humanity for TR units 2026: $3.0M contribution to Habitat for Humanity for TR units (included in Town's original $25.5M commitment) Southface Development Predevelopment 807,920 - - - - - 2025: Re-appropriate West Middle Creek predevelopment costs ($808.5K) Southface Development Legal Fee Contingency 50,000 - - - - - 2025: Re-appropriate placeholder for West Middle Creek legal costs ($50.0K) East Vail Parcel Predevelopment 650,000 - - - - - 2025: Re-appropriate placeholder for West Middle Creek legal costs ($400.0K) Residences at Main Vail Opportunity Fee 50,000 - - - - - 2025: Re-appropriation of remaining RMV opportunity fee Land Purchases for Future Housing CDOT Parcel Acquisition Placeholder - East Vail 2,416,502 - - - - - 2025: Re-appropriate purchase of CDOT East Vail parcel ($2.4M); Re-appropriate additional funds needed for East Vail CDOT parcel ($18.0K) East Vail Carnie Parcel 17,900 - - - - - 2025: Re-appropriate purchase of 1' wide parcel ($17.9K) Page 58 197 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE HOUSING FUND New Project Increase in Cost/Expanded Scope from Prior 5-Year Plan Reduction in Cost/Scope from prior 5-Year Plan Timing Change from Prior 5-Year Plan 2025 Forecast 2026 2027 2028 2029 2030 Eagle-Vail Parcel Placeholder 50,000 - - - - - Total Expenditures 14,373,504 18,206,998 1,261,295 1,266,523 1,273,845 1,279,322 Operating Income 5,158 (12,040,998) 4,964,607 5,063,930 5,203,051 5,328,112 Other Finance Sources (Uses) Transfer to Vail Home Partners- WMC Contribution (10,000,000) - - - - - 2025: $10.0M placeholder for W. Middle Creek housing projects Transfer from CPF for Southface Contribution (Loan)5,535,184 (3,151,660) (2,383,524) - - - 2025: Loan from Capital Projects Fund for Southface contribution ($5.5M) 2026-2027: Payback of Loan from Capital Projects Fund for Southface contribution Transfer from GF to purchase community TR units - 13,773,099 (4,300,592) (5,063,930) (4,408,577) - 2026: Loan from General Fund for Timber Ridge Unit purchases ($13.8M) 2027-2029: Repayment of loan from General Fund for Timber Ridge Unit purchases Transfer from/(to) Timber Ridge- Timber Ridge Sales (10,541,295) - 621,278 - - - 2025: Transfer to/Frm TR for TR constrcution contribution paid back by TR sales Transfer from/(to) Timber Ridge- CDOT Land Acquisition - - 1,719,468 - - - 2027: Repayment of CDOT Land Acquisition cost with proceeds from Timber Ridge sales Total Other Finance Sources (Uses)(15,006,111) 10,621,439 (4,343,370) (5,063,930) (4,408,577) - Surplus (Deficit) Net of Transfers and One-Time Items (15,000,953) (1,419,559) 621,200 (0) 794,474 5,328,112 Beginning Fund Balance 16,420,512 1,419,559 0 621,200 621,200 1,415,674 Ending Fund Balance 1,419,559$ 0$ 621,200$ 621,200$ 1,415,674$ 6,743,786$ Page 59 198 UNFUNDED PROJECTS Project Eligible for Funding From Cost Estimate (If Known) West Vail Roundabout Lighting Project Capital Projects Fund 2,400,000 Vail Village & Lionshead Bollard Installation Capital Projects Fund N/A Municipal Complex Redevelopment Capital Projects Fund N/A Permanent Location for Children’s Garden of Learning Capital Projects Fund N/A Vail Village Transit Center Improvements Capital Projects Fund N/A West Vail Master Plan Outcomes Capital Projects Fund N/A Go Vail 2045 Projects Capital Projects Fund N/A PW Buzzard Park Expansion Capital Projects Fund N/A Geothermal Energy District Capital Projects Fund/RETT N/A Gore Valley Trail improvements near Lionshead Gondola Real Estate Transfer Tax Fund 2,500,000 Development of CDOT East Vail Housing Parcel Housing Fund N/A CDOT Eagle-Vail parcel (partnership with other municipalities) - Housing Fund N/A Black Gore Creek Property Redevelopment Housing Fund N/A Buffehr Creek Rehabilitation Housing Fund N/A Page 60 199 OTHER FUNDS Page 61 200 2025 Proposed Amended 2026 2027 2028 2029 2030 Revenue Rental Revenue 1,255,770 1,289,998 1,328,698 1,368,559 1,409,616 1,451,904 Increased Vaccancy rate to 10%; with 5% Rent increase Timber Ridge Rental Revenue - 277,830 277,830 138,915 138,915 138,915 $277K for new TR units Other Earnings on Investments - 1,500 1,500 1,500 1,500 1,500 Total Revenue 1,255,770 1,569,328 1,608,028 1,508,974 1,550,031 1,592,319 Expenditures General Fund Administrative Fee 374,918 386,999 398,609 410,568 422,885 435,571 30% Admin Fee: HR, Finance, Facilities, PW Admin Operational Costs 442,643 616,952 635,461 654,524 674,160 694,385 Increase from PY due to TR unit HOA fees Operational Maintenance 203,750 207,750 213,983 220,402 227,014 233,824 Unit Masterleases 61,200 64,260 66,188 68,173 70,219 72,325 Total Expenditures 1,082,511 1,275,961 1,314,240 1,353,667 1,394,277 1,436,106 Surplus (Deficit) from Operations 173,259 293,367 293,788 155,306 155,753 156,213 Capital Funding Sources/(Uses) Purchase of Employee Rental Units - (8,500,000) - (2,500,000) (2,500,000) (2,500,000) Capital Maintenance of Units (202,631) (100,000) (100,000) (100,000) (100,000) (100,000) Transfer from/(to) Capital Projects Fund 52,631 8,500,000 - 2,500,000 2,500,000 2,500,000 Transfer from CPF for purchase of Timber Ridge Units ($8.5M) Net Capital Funding Sources/(Uses)(150,000) (100,000) (100,000) (100,000) (100,000) (100,000) Surplus (Deficit) Net of Capital Items 23,259 193,367 193,788 55,306 55,753 56,213 Beginning Fund Balance - 23,259 216,626 410,413 465,720 521,473 Ending Fund Balance 23,259$ 216,626$ 410,413$ 465,720$ 521,473$ 577,686$ TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE INTERNAL EMPLOYEE HOUSING RENTAL FUND Page 62 201 TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE VAIL MARKETING & SPECIAL EVENTS FUND 2024 2025 2025 2026 Actuals Budget Forecast Budget Revenue Business Licenses 345,095$ 350,000$ 356,100$ 350,000$ Event Reimbursements/Shared Costs 10,600 - - - Earnings on Investments 9,381 - 7,000 - Total Revenue 365,075 350,000 363,100 350,000 Expenditures Commission on Special Events (CSE) : CSE Surveys 25,368 - - - Education & Enrichment 134,000 - - - Visitor Draw 672,566 - - - Recreation 141,500 - - - Signature Events 620,000 - - - Town Produced Events:554,876 - - - NYE/4th of July Display 49,000 - - - Ambient Event Funding:56,918 - - - Music in the Villages - - - - Collection Fee - General Fund 17,255 17,500 17,805 17,500 Total Expenditures 2,271,483 17,500 17,805 17,500 Other Financing Sources (Uses) Transfer from/(to) Capital Projects Fund (74,659) - - - Transfer from/(to) General Fund 1,745,858 - - - Transfer to VLMD (Business License Fee)- (332,500) (335,494) (332,500) Transfer from/(to) Vail Local Marketing District (Fund Balance)- (127,701) (134,701) - Total Other Financing Sources (Uses)1,671,199 (460,201) (470,195) (332,500) Revenue Over (Under) Expenditures (235,209) (127,701) (124,900) - Beginning Fund Balance 360,109 124,900 124,900 - Ending Fund Balance 124,900$ (2,801)$ -$ -$ Page 63 202 2025 Forecast 2026 2027 2028 2029 2030 Revenue Town of Vail Interagency Charge 5,070,275$ 5,604,736$ 5,772,878$ 5,946,064$ 6,124,446$ 6,308,180$ Intergovernmental Revenues 35,000 - - - - - Earnings on Investments 75,000 60,000 65,808 70,374 63,777 54,379 Equipment Sales and Trade-ins 317,070 244,730 321,186 451,580 458,790 431,213 Total Revenue 5,497,345 5,909,466 6,159,873 6,468,019 6,647,013 6,793,771 Expenditures Salaries & Benefits 1,575,281 1,677,364 1,742,781 1,810,750 1,881,369 1,954,742 Operating, Maintenance & Contracts 2,442,512 2,672,949 2,726,408 2,780,936 2,836,555 2,893,286 Capital Outlay 2,953,915 1,428,500 1,508,039 2,140,236 2,305,015 2,385,411 Total Expenditures 6,971,708 5,778,813 5,977,228 6,731,922 7,022,939 7,233,439 Revenue Over (Under) Expenditures (1,474,363) 130,653 182,645 (263,903) (375,925) (439,667) Beginning Fund Balance 3,976,045 2,501,682 2,632,335 2,814,980 2,551,077 2,175,152 Ending Fund Balance 2,501,682$ 2,632,335$ 2,814,980$ 2,551,077$ 2,175,152$ 1,735,484$ TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE HEAVY EQUIPMENT FUND Page 64 203 Proposed 2024 2025 2026 Actuals Budget Budget Revenue Town of Vail Interagency Charge - Premiums 4,000,000$ 4,471,094$ 4,877,460$ Employee Contributions 904,324 943,859 975,000 Insurer Proceeds 714,562 430,000 405,000 Earnings on Investments 254,922 109,130 100,000 Total Revenue 5,873,809 5,954,083 6,357,460 Expenditures Health Insurance Premiums 1,156,723 1,097,365 1,246,936 Claims Paid 4,385,006 5,519,226 5,573,002 Wellness Bonus 53,340 112,674 90,000 Professional Fees 96,198 42,000 155,000 Total Expenditures 5,691,268 6,771,265 7,064,938 Revenue Over (Under) Expenditures 182,541 (817,182) (707,478) Beginning Fund Balance 5,074,525 5,257,066 4,439,884 Ending Fund Balance 5,257,066$ 4,439,884$ 3,732,406$ TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE HEALTH INSURANCE FUND Page 65 204 2025 Amended 2026 2027 2028 2029 2030 Revenue E911 Board Revenue 1,246,961$ 1,687,805$ 1,748,566$ 1,807,498$ 1,868,472$ 1,931,560$ Interagency Charges 1,982,148 2,158,752 2,231,443 2,306,650 2,384,463 2,464,972 Town of Vail Interagency Charge 827,330 936,217 967,742 1,000,358 1,034,104 1,069,020 Earnings on Investments and Other 54,000 43,000 45,000 18,000 19,000 21,000 Total Revenue 4,110,439 4,825,774 4,992,751 5,132,508 5,306,042 5,486,555 Expenditures Salaries & Benefits 3,354,993 4,036,526 4,181,841 4,332,387 4,488,353 4,649,934 Operating, Maintenance & Contracts 722,869 687,072 700,813 714,830 729,126 743,709 Capital Outlay 847,110 - 1,500,000 - - - 2027: CAD Replacement ($1.5M) Total Expenditures 4,924,972 4,723,598 6,382,654 5,047,217 5,217,479 5,393,643 Revenue Over (Under) Expenditures (814,533) 102,176 (1,389,904) 85,291 88,562 92,912 Change in Net Position (814,533) 102,176 (1,389,904) 85,291 88,562 92,912 Beginning Fund Balance 2,977,684 2,163,151 2,265,326 875,423 960,714 1,049,277 Ending Fund Balance 2,163,151$ 2,265,326$ 875,423$ 960,714$ 1,049,277$ 1,142,189$ TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE DISPATCH SERVICES FUND Page 66 205 2024 2025 Proposed Actuals Amended 2026 2027 Revenue Rental Income 573,251$ -$ -$ -$ Ground Lease Buy-Out 5,000,000 - - - Total Revenue 5,573,251 - - - Expenditures Operating, Maintenance & Contracts 358,673 - - - Total Expenditures 358,673 - - - Operating Income 5,214,578 - - - Non-operating Revenues (Expenses) Interest on Investments 69,478 - - - Loan Principal Repayment to Capital Projects Fund (401,508) (407,530) (3,488,184) - Balance owed to CPF Interest Payment to Capital Projects Fund (58,938) (55,379) - - Total Non-operating Revenues (Expenses)(390,968) (462,909) (3,488,184) - Surplus (Deficit) from Operations 4,823,610 (462,909) (3,488,184) - Site/Podium/Land Transfer to CPF for original land purchase - - - (4,399,500) Payment for TR original land Transfer from Housing Fund- CDOT Land Acquisition 1,719,468 - - (1,719,468) Payment for CDOT land purchase CDOT Land Acquisition (1,719,468) - - - Timber Ridge Redevelopment TOV Comittment (30,129,485) (10,750,067) 22,696,647 6,740,246 5 year plan assumes: 75% Reimbursement in 2026; 25% in 2027 and only 60% total sales Redevelopment Legal Fee Contingency (29,539) (20,461) - - Transfer from Housing Fund- Site and Podium 9,093,287 10,541,295 - - @ 60 % Housing Fund will not be paid back Transfer from General Fund- Site and Podium/legal fees 20,115,596 229,233 (20,344,829) (621,278) Transfer from GF to be paid back with sales Total Site and Podium (950,141) - 2,351,818 - Transfer to Housing Fund (5,000,000) - - - Revenue Over (Under) Expenditures (1,126,531) (462,909) (1,136,366) - Beginning Fund Balance 2,725,806 1,599,275 1,136,366 - Ending Fund Balance 1,599,275$ 1,136,366$ -$ -$ TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE TIMBER RIDGE FUND Page 67 206 2024 2025 Proposed Actuals Amended 2026 Revenue Rental Income 1,827,762$ 1,780,694$ 1,861,968$ 5% Rate Increase Other Income 161,953 284,236 325,873 Investment Earnings 6,031 500 500 Total Revenue 1,995,745 2,065,430 2,188,341 Expenses Operating, Maintenance & Contracts 668,599 776,383 790,143 Capital Outlay- RMV Construction - 27,918 - Total Expenditures 668,599 804,301 790,143 Revenue Over Expenses 1,327,146 1,261,129 1,398,198 Other Financing Sources (Uses) Fiscal Agent fees (3,500) (3,000) (3,000) Principal Repayment (450,000) (450,000) (470,000) Interest Expense (681,663) (828,753) (746,821) Total Other Financing Sources (Uses)(1,135,163) (1,281,753) (1,219,821) Change in Net Position 191,983 (20,624) 178,377 Beginning Fund Balance 482,717 674,701 654,077 Ending Fund Balance 674,701$ 654,077$ 832,454$ TOWN OF VAIL 2026 PROPOSED BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE RESIDENCES AT MAIN VAIL Page 68 207 Town of Vail - 2026 Town Manager's Proposed Budget Attachment A Capital Project Narratives Index Capital Project Title Year(s)Fund C01 Energy Efficiency Upgrades 2026 - 2028 Capital Projects Fund C02 Snowmelt Boilers Replacement (Placeholder)Ongoing Capital Projects Fund C03 Vail Mobility Hub Expansion (Placeholder)2027 Capital Projects Fund C04 Fire Sprinkler Upgrades at Bus Barn 2025-2026 Capital Projects Fund C05 Lionshead Parking Structure East Stair Snowmelt 2027-2028 Capital Projects Fund C06 Vail Run Bus Stop 2026 Capital Projects Fund C07 Electric Bus Replacements and Bus Chargers 2029-2030 Capital Projects Fund C08 Bus Camera Survallience System Update 2026 Capital Projects Fund C09 Storm Drain Labeling 2026 Capital Projects Fund C10 Kinnickinick East Bridge Rehabilitation 2026 Capital Projects Fund C11 Roundabout Traffic Counters 2026 Capital Projects Fund C12 Vail Road Bike Lanes & Sidewalk (Design)2026 Capital Projects Fund C13 Vail Valley Drive Bike Lanes 2027 Capital Projects Fund C14 Dobson Streetscape Improvements 2027 - 2028 Capital Projects Fund C15 Finance Paperless AP Software Ongoing Capital Projects Fund C16 Financial Management System Replacement 2027 Capital Projects Fund C17 Axon Artifical Intelligence 2026 Capital Projects Fund C18 Anti-Vehicle Barriers 2026 Capital Projects Fund C19 Explosives Detection Canine 2026 Capital Projects Fund C20 Main Vail Underpass Pedestrian Improvements 2026 Capital Projects Fund C21 Design of Pedestrian Safety Bollards 2026 - 2028 Capital Projects Fund C22 Additional Patrol Vehicles 2026 Capital Projects Fund C23 Code Enforcement Pickup Trucks 2026 Capital Projects Fund R01 Trash and Recycling Can Upgrades Ongoing Real Estate Transfer Tax Fund R02 Picnic Table and Street Seating Upgrades 2025 - 2027 Real Estate Transfer Tax Fund R03 Covered Bridge Pocket Park Rehabilitation 2026 Real Estate Transfer Tax Fund R04 Ford Park Playground Improvements 2027 - 2028 Real Estate Transfer Tax Fund R05 Ford Park Picnic Shelter Replacement 2029 - 2030 Real Estate Transfer Tax Fund R06 Ford Park Master Plan Projects (Placeholder)2026 - 2030 Real Estate Transfer Tax Fund R07 Art Studio Gathering Space at Ford Park 2026 Real Estate Transfer Tax Fund R08 Turf Grass Reduction 2026 - 2030 Real Estate Transfer Tax Fund R09 Donovan Park Improvements 2026 Real Estate Transfer Tax Fund R10 Red Sandstone Soft Surface Connector Trail 2026 Real Estate Transfer Tax Fund R11 North Rec Path Reconstruction - Sandstone Area 2026 Real Estate Transfer Tax Fund R12 Sole Power Plus App Expansion 2026 Real Estate Transfer Tax Fund R13 Additional Gutter Bin Installation 2026 Real Estate Transfer Tax Fund R14 Streambank Mitigation at Vail Golf Club Hole 11 2026 Real Estate Transfer Tax Fund H01 Vail InDeed Program Ongoing Housing Fund H02 Timber Ridge Unit Purchases for Community Rental 2026 Housing Fund IEH01 Timber Ridge Unit Purchases for Internal TOV Employee Rental 2026 Internal Employee Housing Rental Fund Future Potential Projects (not currently included in Capital Plan) C21 (CPF)Construction of Vail & Lionshead Village Bollards Unfunded Capital Projects Fund R06 (RETT)Construction of Outcomes of Ford Park Master Plan Unfunded Real Estate Transfer Tax Fund FUT01 Geothermal Energy District - Phase 2 Unfunded Capital Projects or RETT Fund FUT02 East & West Lionshead Circle Bike Lanes Unfunded Capital Projects Fund 208 C01 Capital Projects Fund – 2026 Five-Year Plan Project: Energy Efficiency Upgrade Package Budget: Narrative: Based on the outcomes of the Energy Audit, staff is proposing an energy efficiency upgrade package to achieve energy and carbon reductions while reducing the burden of utility bills. The energy savings from facility improvement measures are guaranteed. This program has been previously utilized by the Town of Vail, but enough time has passed that technology, facilities, and energy rates make an EPC worthwhile again. The investment grade audit has identified a comprehensive package of improvements to town facilities that will save energy, reduce emissions, and improve the quality of the facilities for employees and visitors to the town. The recommended package improvements will advance the town’s leadership on decarbonized and highly efficient energy use, and improve the guest experience, including: •Net zero emissions at the library •1,180 metric tons of emissions reduced •Battery storage pilot at Donovan Pavilion •First node for the geothermal energy district project •$1M+ end of life avoided equipment replacements •Enhanced lighting levels in the parking structure •Eligible for state and federal incentives. The 5-year capital plan includes the net cost of this project after anticipated grants and reimbursements. This includes the following: •Awarded State Geothermal Energy Tax Credit Offering (GETCO): $1,781,507 •Federal Geothermal, Solar, Battery, & EV Station Tax Credits: $2,089,449 •Utility/Other cost reimbursements: $7,500 Staff proposes cash-funding these energy upgrades. The energy savings are guaranteed by the contractor for the payback period, provided that the Town continues to pay annual measurement and verification costs. Applicable Strategic Priority and Goal: Environmental Sustainability: E.3 2026 2027 2028 2029 2030 Total Capital Cost $9,123,235 $0 $0 $0 $0 $9,123,235 Grants/Reimbursements $1,781,507 $7,500 $2,273,725 $0 $0 $4,062,732 Net Cost to Town (Prior to utility savings) $7,341,728 $(7,500) $(2,273,725) $0 $0 $5,060,503 209 Energy Conservation Measure (ECM) Name Facility(s)Energy Conservation Measure Description Construction Cost*Rebates State Investment Tax Credit Federal Investment Tax Credit Net Construction Cost Total Annual Savings (2025 Basis) Ground Source Heat Pump HVAC System with Borefield and Future Energy District Connection Library, Dobson Ice Arena Install new ground source heat exchanger and fourteen (14) water to air heat pumps as well as electric backup heating capabilities. The design includes a connection to the Dobson Ice Arena mechanical room to capture waste heat from the ice plant compressors. 10-30 boreholes pending depth and final design. Included provisions for connection to future thermal energy network (TEN). $6,020,916 ($7,500)($1,781,507)($1,806,275)$2,425,635 -$771 (Includes cost of adding air conditioning) Snowmelt System Controls Lionshead Parking Garage, Bus Barn and Public Works Shop, Donovan Park Pavillion, Lionshead Entry Implement snowmelt control strategy.$97,699 $0 $0 $0 $97,699 $118,235 Parking Garage LED Fixtures with Controls Lionshead Parking Structure, Vail Parking Garage Replace existing, end-of-life LED Lighting, and install fixture mounted motions sensors to optimize energy savings and meet current code requirements.$517,870 $0 $0 $0 $517,870 $22,758 Solar Photovoltaics and Battery Storage Vail Library, Donovan Park Pavillion Install roof mounted solar PV Systems. Library (31 kW-DC) . Install roof mounted solar PV system (18 kW-DC) with BESS (60 kWh Battery Energy Storage System) for resiliency. $863,884 $0 $0 ($259,165)$604,719 $12,284 EV Charging Stations Donovan Park Pavillion, Stephen's Park, Golf Club, Public Works and Bus Barn (23) Level 2 Chargers. Also includes $27,000 Grant match for Charge Ahead Colorado at Public Works and Bus Barn $694,283 ($150,000)$0 ($208,285)$335,998 $15,000 Occupant and Operator Engagement Program (powerED) Community Development, Vail Fire Station 1 , Vail Fire Station 2 , Vail Fire Station 3, Golf Club, Library, Lionshead Transportation and Welcome Center, Municipal Building (Office, police, etc.), Public Works Admin (office), Public Works Shop & Bus Barn, Vail Rec District Gymnastics Center*, Donovan Park Pavillion*, Vail Tennis Center*, Buzzard Park Housing**, Information Center** [*Process Only, **People Only] Occupant and operator 2-year engagement program focused on both identification of low to no cost operational savings and occupant engagement/awareness programs to promote educational awareness. Some level of community campaign support may be included. $154,000 $0 $0 $0 $154,000 $23,000 Heat Tape/ Tracing Controls Vail Community Development, Fire Station 1, Fire Station 2, Golf Club, Information Center, Lionshead Transportation and Welcome Center, Lionshead Transit Center, Vail Municipal Building, Public Works Admin, Vail Tennis Center, Town Manager's Residence, Public Works Shop and Bus Barn Install temperature-based controllers to optimize heat trace run time and reduce unnecessary energy use.$139,349 $0 $0 $0 $139,349 $8,046 Controls Upgrades Municipal Building (including PD), Public Works and Bus Barn Upgrade controls at multiple buildings to optimize facility operations, occupant comfort, and energy savings.$250,450 $0 $0 $0 $250,450 $4,252 Window Inserts Municipal Building Install window inserts on existing windows on ten (10) South facing windows to improve window performance and occupant comfort.$17,350 $0 $0 $0 $17,350 $614 Building Insulation Town Managers Home Add weather stripping and insulation to building envelope to reduce infiltration and improve occupant comfort.$18,625 $0 $0 $0 $18,625 $139 Test and Balance Community Development, Vail Village Snowmelt System Test and balance airside and/or waterside equipment to get equipment back to design operating conditions. Waterside (glycol/water) under pavers only for snowmelt system. $51,420 $0 $0 $0 $51,420 Included in Snowmelt savings Fire Pit Flame Reduction Fire Pits: Gore Creek and Wall St Furnish and install smaller burners at the fire pits to reduce natural gas usage.$25,710 $0 $0 $0 $25,710 $1,177 Air Source Heat Pump for Domestic Water Community Development Replace existing domestic hot water heater with a air source heat pump to serve the domestic hot water to the building. $24,444 $0 $0 $0 $24,444 ($121) Strategic Asset Planning/Inventory Bighorn Park Restroom, Buffehr Creek Restroom, Checkpoint Charlie, Community Development, Donovan Park Pavillion, Donovan Park Restroom, Vail Fire Station 1, Vail Fire Station 2, Vail Fire Station 3, Ford Park Restroom. Golf Club, Information Center, Library, Lionshead Transportation and Welcome Center, Municipal Building, Public Works Admin, Public Works Shop & Bus Barn, Ski Museum, Stephens Park Restrooms, Town Manager’s Residence, Vail Rec District Gymnastics Center, Vail Tennis Center, Wall Street Restrooms Asset condition and end-of-use replacement assessments for mechanical/electrical/plumbing systems planning. The inventory and capital budgeting will include evaluation of what the best future replacement will be for the lowest carbon impact. This will help the town to include its carbon reduction goals during future asset replacements. $45,000 $0 $0 $0 $45,000 $0 Project Totals $8,921,000 ($157,500)($1,781,507)($2,273,725)$4,708,268 205,260$ $226,164 EPC Construction Total $9,147,164 Net Cost to Vail (with contingency)$4,934,432 Annual CO2 Reduction 1151 Metric Tons Portfolio Percentage CO2 Reduction 13% Annual Savings 205,260$ * Since design, project management and other project related costs are distributed among the ECMs, the project cost will not go up or down by exactly the amounts shown here if a ECM or ECMs are removed from the final contracted scope of work. Proprietary and Confidential Town of Vail Energy Performance Contract Energy Conservation Measures - Recommended Project Costs and Savings (Note: Changes to any measure may result in adjustments to the grant availability, utility savings, and project management fees charged to other measures) Vail Controlled Contigency Date Printed: 10/9/2025 210 C02 Capital Projects Fund – 2026 Five-Year Plan Project: Snowmelt Boilers Replacement Budget: Narrative: The 5-Year Capital plan includes placeholders for routine replacement of the Town’s Snowmelt System Boilers with like-natural gas boilers. Two boilers are scheduled for replacement in 2027, and one in 2028. Staff will continue to evaluate the condition of the boilers, and will only replace if deemed necessary. Should the Town move forward with a Geothermal Energy District in the future, an upgraded system be installed in place of these boilers. 2026 2027 2028 2029 2030 Capital Replacement Cost $0 $1,025,000 $525,000 $0 $0 211 C03 Capital Projects Fund – 2026 Five-Year Plan Project: Vail Mobility Hub Expansion (Placeholder for TOV Match) Budget: Narrative: The purpose of this project is to build a new Arrival Center/Vail Mobility Hub at the Vail Transportation Center. The Town received a $750,000 grant (50/50 match) to begin the design of an expanded mobility hub, which is an on-going project. This $2M, along with CDOT’s $6.4M and a TBD amount from Core Transit, will function as placeholders to provide matching funds for a future potential Federal Transit Facility grant. Photos: Applicable Strategic Priority and Goal: Community, Experience, Economy, Environmental 2026 2027 2028 2029 2030 Capital Cost $0 $2,000,000 $0 $0 $0 212 C04 Capital Projects Fund – 2026 Five-Year Plan Project: Fire Sprinkler Upgrades at Bus Barn Budget: Narrative: The existing fire sprinkler system in the bus barn is not adequate to suppress a battery fire should it occur in one of the electric buses. Electric vehicles and batteries burn much hotter and longer than gas powered vehicles. This project was originally proposed in the 2023 budget process with an estimated design and construction cost of $600,000. In the 2025 first supplemental, an additional $180,000 was approved to support a higher construction cost. As staff has investigated the current technology and best practices for suppressing large battery fires, it has become apparent that the cost of a viable solution will be significantly higher, at approximately $1,750,000. Since the capital preview, staff has received an updated construction cost estimate. The entire cost can be accommodated in the 2025 budget sources. Staff proposes moving forward with a total project budget of $1,750,791 $850,000 from the following sources: •Current 2025 Amended budget: $780,000 •Re-allocation of the savings from Bus Barn Charger Expansion budget: $70,000 •Additional funding proposed in 2026 budget: $702,000 This project will provide best practice fire protection for the Town of Vail bus barn which have a replacement value of $30M-$40M. At this time there is no Building Code requirement for this, nor is there any current standards that will completely extinguish electric bus fires. Best practice at this time is a Fire Sprinkler Deluge system with roof vents as designed. If we move forward with this FS system, there is no guarantee it will save all assets; however, it will minimize any potential damage and assist the ability of the Fire Dept. to fight the fire safely. There also is no guarantee that a different code required solution may be developed/required in the future, but at this time there is none. This project is a best practice solution to save extensive damage to Vail’s fleet of buses, structure, property and employees. If there is a fire event in the bus barn without any type of suppression the loss of buses could cripple our transit system as a whole, with replacements being 1-2 years out. 2025 (Proposed Adjusted) 2026 2027 2028 2029 2030 Capital Cost $1,048,791 $0 $0 $0 $0 $0 213 C05 Capital Projects Fund – 2026 Five-Year Plan Project: Lionshead Parking Structure East Stair Snowmelt System Budget: Narrative: The East Stair of the Lionshead Parking Structure that provides access to Dobson/Library often builds up ice during the Winter, presenting a safety concern and requiring a high level of staff time to keep clear. Staff is proposing to construct snowmelted stairs similar to the West Side of the structure to mitigate this issue. First steps would be to engage a design engineer to understand options, pro/cons, and magnitude of costs. Applicable Strategic Priority and Goal: Public Safety 2026 2027 2028 2029 2030 Design Cost $150,000 $0 $0 $0 $0 Construction Cost $0 $750,000 $0 $0 $0 214 C06 Capital Projects Fund – 2026 Five-Year Plan Project: Vail Run Bus Stop Budget: Narrative: The Vail Transit Optimization Plan identified that a new westbound bus stop along the South Frontage Road at Vail Run coupled with the new extended Lions Ridge Loop bus route would provide enhanced service for the Sandstone neighborhood to access West Vail. The Bus Stop would be similar to the newly constructed bus stop at Marriott Residence Inn in West Vail. The first phase of the Optimization plan is planned to be implemented for the 2026 summer season. It would be beneficial to have this bus stop installed in 2026. This project will aid in achieving the Strategic Goal for Transportation by enhancing transit usage. Photos: Applicable Strategic Priority and Goal: Transportation, Community, Environmental 2026 2027 2028 2029 2030 Capital Cost $375,000 $0 $0 $0 $0 215 C07 Capital Projects Fund – 2026 Five-Year Plan Project: Electric Bus Replacements and Bus Chargers Budget: Narrative: The town is scheduled to replace 8 diesel buses with battery electric buses in 2029 and to replace 6 diesel buses with battery electric buses in 2030. This will require an upgrade in charging capacity to expand our electric fleet. The project will require 2 Power Blocks and 4 Express Plus chargers for a total of 8 nozzles for charging in 2029 and will require 2 Power Blocks and 4 Express Plus dual port chargers in 2030 to meet the demands of the new electric buses. Applicable Strategic Priority and Goal: Transportation and Environmental Photo: 2026 2027 2028 2029 2030 Electric Buses Cost $0 $0 $0 $ Additional Charger Cost $0 $0 $0 $695,000 $840,000 216 C08 Capital Projects Fund – 2026 Five-Year Plan Project: Bus Camera Surveillance System Update Budget: Narrative: The surveillance camera system in the Town’s bus fleet is due for a routine replacement. The current system will no longer be supported. Applicable Strategic Priority and Goal: Public Safety 2026 2027 2028 2029 2030 Capital Cost $320,000 $0 $0 $0 $0 217 C09 Capital Projects Fund – 2026 Five-Year Plan Project: Storm Drain Labeling Budget: Narrative: Staff is proposing to label all town storm drains to indicate drainage to the creek. All stormwater inlets in Vail will have approximately 4" diameter medallion indicating that water entering the drain flows into Gore Creek and no waste should be dumped. Photos: Applicable Strategic Priority and Goal: E - Environmental Sustainability (E.1) 2026 2027 2028 2029 2030 Capital Cost $90,000 $0 $0 $0 $0 218 C10 Capital Projects Fund – 2026 Five-Year Plan Project: Kinnikinnick East Bridge Rehabilitation Budget: Narrative: The Town of Vail in conjunction with CDOT completes a Bi-Annual Bridge inspection of all the Town of Vail vehicle bridges. The report provides guidance to Town Staff on completing bridge maintenance items. Kinnikinnick East Bridge has been identified to be in need of upgraded bridge rails and concrete repairs, similar to work that was done on Kinnikinnick West Bridge several years ago. Photos: Kinnikinnick East Kinnikinnick West 2026 2027 2028 2029 2030 Capital Cost $500,000 $0 $0 $0 $0 219 C11 Capital Projects Fund – 2026 Five-Year Plan Project: Roundabout Traffic Counters Budget: Narrative: The 2024 Mobility & Transportation Master Plan recommends installing permanent traffic counters at the Main Vail and West Vail Roundabouts to monitor traffic volumes. The information gathered can be utilized in the future to determine if capacity improvements are necessary and project when/if they should be implemented. Currently the Town only gets snapshots of peak period traffic times every few years. Having the ability to monitor day to day traffic and understand how often peak traffic volumes are reached at key intersections, like the Vail roundabouts, will allow staff to better understand when and if capacity improvements identified in the 2024 Mobility & Transportation Master Plan need to be budgeted for. 2026 2027 2028 2029 2030 Capital Cost $250,000 $0 $0 $0 $0 220 C12 Capital Projects Fund – 2026 Five-Year Plan Project: Vail Road Bike Lanes and Sidewalks Budget: Narrative: Vail Road from West Meadow Drive to W. Forest Road is a part of the Gore Valley Trail and does not provide adequate pedestrian and bicycle accommodations, which creates safety and user experience concerns, and creates confusion as to where users of the GVT should go. Most users wind up making their way through the Vail Village, which increases bicycle traffic within the pedestrian village. In order to alleviate this confusion and provide safer accommodations, and some traffic calming, it is recommended to add 5' designated bike lanes and a 6' sidewalk connection along this section of Vail Road. Providing appropriate bike accommodations will improve safety and provide some traffic calming effects. This project is recommended by the 2045 Vail Mobility and Transportation Master Plan and modifies the existing roadways to accommodate formal bike lanes, modifying the existing striping and gutters to provide 9' travel lanes and 5' bike lanes, as well as a sidewalk connection along Vail Road. This work should occur in conjunction with the scheduled 2027 asphalt overlays for Vail Valley Drive and Vail Road. Photos: Applicable Strategic Priority and Goal: Transportation and Public Safety 2026 2027 2028 2029 2030 Design $50,000 $0 $0 $0 $0 Construction Unfunded – Estimated cost $1.0M 221 C13 Capital Projects Fund – 2026 Five-Year Plan Project: Vail Valley Drive Bike Lanes Budget: Narrative: Vail Valley Drive from Meadow Drive to Gold Peak is a critical bicycle and pedestrian connection from Vail Village to Gold Peak and Ford Park areas and the Gore Valley Trail. Currently Vail Valley Drive does not provide adequate bicycle accommodations, which creates safety and user experience concerns. Providing appropriate bike accommodations will improve safety and provide some traffic calming effects. This project is recommended by the 2045 Vail Mobility and Transportation Master Plan and modifies the existing roadways to accommodate formal bike lanes, modifying the existing striping and gutters to provide 9' travel lanes and 5' bike lanes. This work should occur in conjunction with the scheduled 2027 asphalt overlays for Vail Valley Drive and Vail Road. Photos: Applicable Strategic Priority and Goal: Transportation, Community, Experience 2026 2027 2028 2029 2030 Capital Cost $50,000 $750,000 $0 $0 $0 222 C14 Capital Projects Fund – 2026 Five-Year Plan Project: Dobson Streetscape Improvements Budget: Narrative: Staff is proposing the construction of streetscape improvements between East end of the Lionshead Welcome Center and West Meadow Drive. The Dobson streetscape was removed over 10 years ago with a condition it would be replaced within 2-3 years. The timeline was delayed due to the Civic Area Master Planning and Dobson Ice Areana Remodel. The project should be designed in 2027 to be ready for construction in 2028. This project includes improvements at Lot 10 on the East side of Dobson. The total construction costs will be dependent on final design, and this would likely be a phased construction project. Staff’s current best estimate for construction costs is $5,000,000. Photos: Applicable Strategic Priority and Goal: Community, Experience 2026 2027 2028 2029 2030 Design Cost $0 $500,000 $0 $0 $0 Construction Cost $0 $0 $5,000,000 $0 $0 223 C15 Capital Projects Fund – 2026 Five-Year Plan Project: Finance Paperless A/P Software Budget: Narrative: Staff is requesting a $35K (annual) budget to implement a new Accounts Payable (AP) system which would modernize our financial operations. The initiative aligns with our strategic goals of fiscal responsibility, operational efficiency, environmental stewardship, and innovation. By replacing manual, paper-based processes with a secure, automated AP platform, we anticipate improved processing speed, reduced errors, enhanced audit oversight, reduced environmental impact, and enhanced service delivery. As the Town of Vail has grown and added new projects, new funds to account for, and additional component units; we have also experienced increased complexity and demand for AP processing services. At the same time outside of the organization, technology and business processes have advanced to offer increased operational efficiencies through the adoption of such AP systems. Under our current structure, the finance department has limited resources to validate approvals which are currently done with paper and wet signatures. Once approved, invoices are manually entered into our financial system for payment by each department and submitted via hard-copy to finance for processing. Moving this process to an entirely digital solution would provide a clear, time-stamped audit trail for every invoice and approval--which we are required to furnish in our audit. This would enhance internal controls and reduce the risk of fraud or duplicate payments. A digital, web-based system would also reduce the amount of time spent on manual entry of invoices. Invoices would only need to be coded in the system once, which would then flow through approvals into the Town's financial system. Whereas currently, even a one page invoice requires a minimum of 4 pages of printing to process; a digital solution would reduce this to one page for check payments and zero for ACH. Manual scanning of invoices could also be eliminated for vendor submitted invoices via email. The increased labor efficiency from this improved process would allow staff to focus on higher-value tasks like vendor management, financial analysis, internal audit, and reconciliation. Investing in a paperless AP system is a strategic move that better positions the Town's financial processes for future development and growth. Increased efficiencies will allow staff more time to oversee audit transparency and compliance. The reduction in paper printing would save an estimated 30,000 pages of paper annually. Additionally, these systems may offer additional transparency to our vendors and internal users. 2026 2027 2028 2029 2030 Annual Licensing Cost (ongoing) $35,000 $35,000 $35,000 $35,000 $35,000 224 C16 Capital Projects Fund – 2026 Five-Year Plan Project: Financial Management System Replacement Budget: Narrative: The New World Finance system was first implemented in 2014 and went into service in 2015. While Tyler continues to maintain the product, it is no longer making meaningful upgrades or improvements. In 2025, the Town took its first step toward moving off New World by implementing payroll in Workday, which is currently handled in NWS. As departments across the organization adopt new software, it is becoming increasingly clear that New World does not integrate well or function effectively with other systems. Staff is proposing to move forward with the implementation of a new finance system in 2027 through a full RFP process. The project will require additional resources and is expected to take 6 to 8 months to complete. The primary goal is to create greater efficiencies within the Finance Department, reduce errors, and strengthen oversight of the Town’s financial management. In addition, a modern system will provide: - Improved integration across departments ensuring that finance data seamlessly connects with payroll, HR, procurement, and other operational systems. - Enhanced transparency and reporting for both internal and external users - Stronger internal controls by reducing the risk of errors and improving compliance with financial and IRS requirements. - Scalability for the future by allowing the Town to adapt as new technologies, regulations, and best practices evolve. - User-friendly tools to make it easier for staff across all departments to access the financial information, enter invoices, request bills, track expenditures, contracts, and grants. - Cost-effectiveness by reducing inefficiencies, manual workarounds, and the need for multiple disconnected software solutions. 2026 2027 2028 2029 2030 Implementation Cost $0 $200,000 $200,000 $200,000 $200,000 Annual Licensing Cost (Ongoing) $0 $1,000,000 $200,000 $200,000 $200,000 225 C17 Capital Projects Fund – 2026 Five-Year Plan Project: Axon Artificial Intelligence Budget: Narrative: Staff is requesting approval to adopt the Axon Al Era Plan, which aims to enhance operational efficiency and reduce administrative burdens across the department. This technology package was developed specifically for law enforcement to streamline processes, support frontline staff, and improve response capabilities. With staffing challenges and increasing demands on law enforcement, this solution provides an immediate force multiplier effect. The Axon AI Era Plan includes access to a full suite of AI-powered tools, including: • Draft One - Auto-generates police report narratives from BWC audio, reducing reportwriting time by up to 67%. Officers must review and finalize all reports to ensure accountability and accuracy. • Unlimited Auto-Transcribe - Rapidly turns audio into searchable transcripts to accelerate evidence review. • Smart Capture - Extracts and tags key data from images (e.g., IDs, plates) for quick insights. • Brief One - Summarizes large case files to assist with investigations (available in 2025). • Form One - Pre-fills common forms based on audio transcripts and metadata. • Policy Chat and Real-Time Translation - Enhances field support by providing instant policy guidance and multilingual communication. • Redaction Assistant - Included at no additional cost, automates video redaction and improves public records response times. These tools are natively integrated within the Axon ecosystem and will evolve with future AI innovations at no additional charge during the contract term. Strategic Benefit includes: • Officer Time Savings: Pilot agencies report saving hundreds of hours annually, improving officer retention and availability for calls for service. • Improved Report Quality and Review: Draft One enhances spelling, grammar, and clarity, supporting justice system workflows and supervisor review. • Enhanced Transparency and Community Trust: Features like Redaction Assistant and Real-Time Translation promote trust and responsiveness. • Increased Field Safety: Less screen time during report writing improves situational awareness. Applicable Strategic Priority and Goal: Public Safety 2026 2027 2028 2029 2030 Annual Licensing Cost $83,541 $83,541 $83,541 $83,541 $83,541 226 C18 Capital Projects Fund – 2026 Five-Year Plan Project: Anti-Vehicle Barriers Budget: Narrative: The Vail Police Department is requesting that the Town Council approve a supplemental budget allocation of $135,000 for the purchase of Meridian Anti-Vehicle Barriers to enhance public safety during special events and improve temporary traffic control throughout the Town of Vail. Meridian barriers are crash-certified, modular vehicle mitigation systems that offer proven protection against unauthorized vehicle intrusions. These barriers are portable, quick to deploy, and widely used by municipalities across the country to secure high-traffic pedestrian areas and public events. Their implementation is a proactive measure to address the increasing risk of both intentional vehicle attacks and accidental incursions into crowded spaces. Vail hosts numerous large-scale events year-round, including festivals, concerts, farmers markets, and seasonal celebrations, all of which draw significant pedestrian traffic to public areas. The proposed barriers will serve as a crucial safety enhancement by reducing vulnerability in these spaces and providing event organizers and public safety personnel with reliable perimeter control tools. In addition to event security, the barriers will be a valuable resource for traffic diversion, road closures, and emergency response operations, supporting a wide range of municipal needs. The total cost for the proposed barrier system is $135,000, which includes the purchase of the equipment and necessary deployment accessories. Applicable Strategic Priority and Goal: Public Safety 2026 2027 2028 2029 2030 Capital Cost $135,000 $0 $0 $0 $0 227 C19 Capital Projects Fund – 2026 Five-Year Plan Project: Explosives Detection Canine Budget: Narrative: Staff is proposing to acquire one explosives detection K9 unit. Currently, the only other K9 unit available in the State of Colorado is located in Denver, and its deployment is limited to emergency situations. This limited availability poses a challenge for the Town of Vail, which hosts a substantial number of high-profile events, concerts, and gatherings throughout the year. The establishment of a local K9 unit would allow us to take a proactive approach to public safety by conducting thorough bomb sweeps, securing event venues in advance, and responding rapidly to potential threats. This capability would not only reduce our reliance on outside resources but also provide peace of mind to residents, visitors, and event organizers, reinforcing Vail’s reputation as a safe and secure destination. Applicable Strategic Priority and Goal: Public Safety 2026 2027 2028 2029 2030 Capital Cost $16,500 $0 $0 $0 $0 228 C20 Capital Projects Fund – 2026 Five-Year Plan Project: Main Vail Underpass Pedestrian Improvements Budget: Narrative: The 2045 Vail Mobility and Transportation Master Plan recommends adding pedestrian improvements at the Main Vail Underpass to provide a safer experience for all users and to accommodate the additional volume of pedestrians from the soon to be completed Housing Developments. This project is currently under design in 2025. The project will widen the existing sidewalk, add a sidewalk to the east side, provide connection to the Municipal building, and connection to the Spraddle Creek trailhead. This project will also give an opportunity to create an enhanced entrance aesthetic to Vail within the underpass, pending budget availability. Photos: Applicable Strategic Priority and Goal: Transportation, Community, Experience 2026 2027 2028 2029 2030 Design Cost $250,000 $0 $0 $0 $0 Construction Cost $0 $3,000,000 $0 $0 $0 229 C21 Capital Projects Fund – 2026 Five-Year Plan Project: Pedestrian Safety Bollards at Vail and Lionshead Village Budget: Narrative: The purpose of this project is to install a combination of permanent bollards, retractable bollards, and planters to control unauthorized vehicles from entering non-vehicular areas within Vail Village and Lionshead Village. The Town is currently in the process of installing the pilot project at Ford Park – EBFW, and in preliminary design of installing bollards at Village Center Drive/E Meadow Drive, Vail Rd./E. Meadow Drive, and Lionshead west alley by the Arrabelle entry. The intent is to complete design on the full program of bollards in Vail Village, Lionshead and Ford Park incrementally, so that the Town has shovel ready projects if grant funding becomes available. The total construction cost has been previously estimated at $8-$10M, and is currently unfunded in the 5-year capital plan. Staff will continue to look for grant opportunities. . Photos: 2026 2027 2028 2029 2030 Design Cost $150,000 $150,000 $150,000 $0 $0 Construction Cost Unfunded in 5-year plan; Estimated at $8-10M 230 C22 Capital Projects Fund – 2026 Five-Year Plan Project: Additional Patrol Vehicles Budget: Narrative: The Vail Police Department respectfully requests funding for three additional police vehicles and associated equipment to support our operational capacity, ensure officer safety, and maintain the high standards of service expected by the community. This expansion is critical to address increased demands on our patrol division and ensure each officer is equipped with reliable and standardized tools. The cost for each vehicle and associated equipment is $92,000. Photos: Applicable Strategic Priority and Goal: Public Safety 2026 2027 2028 2029 2030 Capital Cost $276,000 $0 $0 $0 $0 231 C23 Capital Projects Fund – 2026 Five-Year Plan Project: Additional Code Enforcement Vehicles Budget: Narrative: The Vail Police Department respectfully requests funding to purchase essential law enforcement vehicles and corresponding equipment to accommodate our increased staffing. The two vehicles proposed are pickup trucks. Since acquiring two FTE from the Parking Department, there will be seven code enforcement officers, and we only three vehicles. Additional vehicles and equipment are required to ensure our officers have the necessary resources to perform their duties efficiently. Applicable Strategic Priority and Goal: Public Safety 2026 2027 2028 2029 2030 Capital Cost $126,645 $0 $0 $0 $0 232 R01 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Trash and Recycling Can Upgrades Budget: Narrative: The existing trash and recycle cans throughout Town are showing wear and tear. Many people find the hidden latch difficult to use, many of the latches need replacement, many of the artistic panels need to be re-powder coated. There is a total of 314 cans in 157 locations throughout the Villages and Parking Structures. Staff requesting an annual replacement budget of $75,000 to replace 60 existing cans with 30 new double cans each year. All cans would be replaced by 2031. Photos: Current Style at most Locations Proposed Double-Can Replacement Style 2026 2027 2028 2029 2030 Capital Cost $75,000 $75,000 $75,000 $75,000 $75,000 233 R02 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Picnic Table and Street Seating Upgrades Budget: Narrative: During the 2020 pandemic, the town purchased approximately twenty-five picnic tables to be placed in Lionshead and Vail Villages as a way to provide additional outdoor seating and dining options. While the blue powder-coated tables have been beneficial, and are still well-used, funding has been allotted in 2025 to replace them with a style more in line with the aesthetics of Vail’s village areas. Concurrently, the town’s Economic Development team reached out to Public Works staff with an idea for improving “hang out” areas in the Villages by adding a few commercial-grade Adirondack chairs in key areas. By providing alternative, comfortable seating options, people can relax and enjoy the villages, with a goal of increasing “linger time” in the commercial cores. Public Works and Economic Development staff met to discuss furniture aesthetics and anticipated maintenance requirements. Preferred furniture characteristics: • Style: a contemporary Vail aesthetic • Comfort: comfortable benches and seating for increased “linger time” • Maintenance: powder-coated steel frames with easily maintained wood surfaces • Durability: purchase commercial-grade furniture for reduced maintenance • Heat retention: avoid materials and colors that tend to get very hot in the sun such as recycled plastics • Weight: heavy enough to generally stay in place • ADA accessibility: provide accessible tables as needed Staff is requesting an additional $90,000 in 2026 and $20,000 in 2027 to complete the full picnic table and street seating upgrades. Photos: Current street furniture to be replaced 2025 Amended 2026 2027 2028 2029 2030 Capital Cost $107,000 $90,000 $20,000 $0 $0 $0 234 R03 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Covered Bridge Pocket Park Rehabilitation Budget: Narrative: Staff is requesting $225,000 to repair and improve the existing landscape around the 10th Mountain Division Statue and the entrance to the Covered Bridge. The existing flagstone walk, turf grass and shrub beds are in poor condition considering the prominent location. The work will include relocation of a Village Light Fixture, removal of a former zip-line support post, and placement of new landscape features and plant material. Photos: 2026 2027 2028 2029 2030 Capital Cost $225,000 $0 $0 $0 $0 235 R03 236 R04 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Ford Park Playground Improvements Budget: Narrative: In 2024, important safety and maintenance improvements were performed to stabilize the 25- 35 year old play area. However, the underlying structural deficiencies associated with aging wood structures still exist and there are important playground safety needs to be rectified. This project will look to fully renovate Vail's oldest play area to ensure it complies with current guidelines, ADA, and Vail's tradition of art-inspired play to provide an exceptional play experience for Vail's residents and guests. The $300K in 2027 will be used for design, the $2.2M in 2028 would be for construction. Photos: 2026 2027 2028 2029 2030 Design Cost $0 $0 $2,200,000 $0 $0 Construction Cost $0 $300,000 $0 $0 $0 237 R04 238 R05 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Ford Park Picnic Shelter Replacement Budget: Narrative: The Ford Park Master Plan envisions replacing and relocating the existing picnic shelter. The existing shelter is one of the park's original structures, however it is a very tight space, and in need of structural repairs. Relocating the structure could provide an opportunity to expand on the Art Program in Ford Park by creating a sculpture garden space between the Morales sculpture and the new Art Studio. This request will fund the design and construction of the new shelter. Photos: 2026 2027 2028 2029 2030 Capital Cost $0 $0 $0 $100,000 $750,000 239 R06 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Ford Park Master Plan (Design) Budget: Narrative: This request provides funding to accomplish goals of the Ford Park Masterplan. Projects include ADA Compliance, wayfinding, expanded maintenance facilities, etc. The 2025 Budget provides funding to begin a study on these types of projects. The two top priorities at this time are providing ADA compliance into and through the park, and to provide improved wayfinding signing. ADA compliance will likely require removal and replacement of several walkways. The construction of these projects could begin in 2028. Wayfinding is likely a simpler project, and implementation could begin as a plan is developed. Improving/expanding the existing maintenance facility at the north end of West Betty Ford Way would assist in the goal of expanding maintenance by VRD and BFAG, reducing traffic within the park by TOV crews. 2026 2027 2028 2029 2030 Design Cost $100,000 $100,000 $0 $0 $0 Construction Cost Currently Unknown and Unfunded – Pending outcomes of design 240 R07 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Art Studio Gathering Space at Ford Park Budget: Narrative: Staff is proposing to design and construct an outdoor gathering space on the north end of the Art Studio in Ford Park. This is an opportunity to create a new multi-purpose space in the park, overlooking Gore Creek. The space can be programmed by either organization or utilized by the general public. At the completion of the Art Studio, this area was seeded with grass but generally left unfinished. This project will partner with the Betty Ford Alpine Garden, who will provide $100,000 to the project provided by a private donation. Photos: 2026 2027 2028 2029 2030 Capital Cost $300,000 $0 $0 $0 $0 241 R07 242 R08 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Turf Grass Reduction Budget: Narrative: Elimination of non-functional bluegrass turf is a project that began several years ago as a way to reduce the town's outdoor water use. Several projects have been successfully completed. The state of Colorado has passed a law that prohibit municipalities from installing new areas of non- functional turf, although it doesn't currently require it's removal. The removal of bluegrass turf has several benefits besides saving water. It also reduces fertilizer and chemical application needs which helps with water-quality efforts, and, it reduces the weekly maintenance that bluegrass requires. If the area is transitioned into shrubs, then instead of mowing 1X/week, a crew moves through once or twice/season for weeding. If the area is transitioned into native grass, the watering is reduced by 2/3, and mowing now occurs 1X/season instead of 1X/week. With current labor challenges, this is very advantageous because it allows maintenance crews to focus on other tasks. Staff is currently working on the completion of turf reduction at the Main Vail Roundabotu in 2025. Staff is requesting $95,000 in 2026 and $70,000 in 2030 for turf replacement projects in Ford Park. One goal of the Ford Park Masterplan Update is to shift turf maintenance responsibilities from TOV crews to VRD crews in order to reduce TOV truck traffic from the Lower Bench of the park. One way to make that transition easier is to reduce current VRD maintenance responsibilities. This request will remove nearly 10,000 sf of non-functional turf near the Tennis Center and along the south edge of the softball fields, thus reducing current VRD maintenance. Additionally, staff proposes $65,000 in 2028 for Turf Reduction at the West Vail Roundabout. Photos: 2026 2027 2028 2029 2030 Ford Park Cost $95,000 $0 $0 $0 $75,000 West Vail Roundabout $0 $0 $65,000 $0 $0 243 R09 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Donovan Park Playground Improvements Budget: Narrative: The wooden play structures at Donovan Park are over 20 years old and are in need of repairs including the replacement of multiple play components (slides, climbers, etc), replacement of wood decks, structural repairs, and maintenance of the two art components, "Mother and Child" that require dismantling and repainting. Photos: 2026 2027 2028 2029 2030 Capital Cost $425,000 $0 $0 $0 $0 244 R10 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Red Sandstone Soft Surface Connector Trail Budget: Narrative: This funding request is for the construction of a new soft-surface hiking and mountain biking trail that would connect the Spraddle Creek/Son of Middle Creek Trailhead to Red Sandstone Road. It is identified in the 2018 Open Lands Plan Update as a trail connection. The project would be completed as a partnership between the Town of Vail and the Vail Valley Mountain Trails Alliance (VVMTA), a non-profit organization dedicated to improving Eagle County’s trail system. It is anticipated that the trail can be constructed on Town of Vail-owned property and would not require US Forest Service approvals. The new trail would serve several user groups that include residents of the existing Red Sandstone neighborhoods, the new South Face workforce housing residents (2028) and the current trail user community by creating a soft- surface connection between the North Trail and the Son of Middle Creek Trail. VVMTA can construct the trail with their dedicated trail crew and a team of volunteers that have helped build and improve numerous trails in Eagle County over the past decade. The project would require a vigorous public engagement process, and would need to follow guidelines outlined in the Open Lands Plan for new trail construction. 2026 2027 2028 2029 2030 Capital Cost $0 $42,000 $0 $0 $0 245 R11 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: North Rec Path Reconstruction – Red Sandstone Area Budget: Narrative: The 2,000 ft section of North Recreation Trail between Sun Vail Condominiums and Vail Run Condominiums is in degrading condition and should be reconstructed. It's one of the last original sections of Vail's trail system that has not been rebuilt over the past 30 years. It will require some new walls and will be widened to 11' per the new GoVail Transportation Masterplan. Photos: 2026 2027 2028 2029 2030 Capital Cost $375,000 $0 $0 $0 $0 246 R11 247 R12 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Sole Power Plus Budget: Narrative: Staff is requesting $25,000 in 2026 for the third phase of the Sole Power mobile app development. As Sole Power transitions to Sole Power Plus and including bus ridership and carpooling, an in-app incentive program will further incentivize and streamline providing participants with rewards for taking and tracking their green commuting efforts. This will allow businesses to sponsor the program by providing a discount to users that is received directly through the mobile app when participants achieve different milestones (for example after 20 green commuting trips or 100 miles logged, the participant receives a coupon in the form of a QR code for $10 off at one of the sponsors). The outcome will be greater participation in the Sole Power Plus program due to the robust and streamlined in-app incentive program. More people will commute to work, social engagements and running errands via bus, carpooling, bike, walking, etc. reducing vehicle miles traveled in single occupancy vehicles, parking congestion, and related GHG emissions. Phase 1 of the Sole Power App Development began in 2024 with a cost of $50,000. Phase 2 of the app development is currently under going to accommodate the “Sole Power Plus” adjustments which includes additional leaderboards for bus ridership/carpooling, etc. Applicable Strategic Priority and Goal: Transportation Goal: By 2029, people who live, work, and recreate in Vail use Core Transit and Town of Vail Transit as their preferred method of transportation as evidenced by a reduction in the percentage of vehicles parking in Vail Village and Lionshead Parking Structures that originate from Eagle County from 72% to 50%. More Specifically reducing the percentage of parked vehicles which start their day in Vail from 32% to 20%; and reducing the percentage of parked vehicles which begin their day in Eagle County but outside of Vail from 40% to 30%. Strategy: Incentivize bus use. Environmental Sustainability Goal: Reduce 2014 baseline carbon emissions by 25% by 2025, 50% by 2030, and 80% by 2050; Strategy: Implement transportation and mobility programs to reduce emissions. 2026 2027 2028 2029 2030 Capital Cost $25,000 $0 $0 $0 $0 248 R13 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Additional Gutter Bin Installation Budget: Narrative: Staff is proposing to install gutter bins on an additional 25% of Town storm drains. These devices catch pollution before they make it to Gore Creek. The cost to install the first 25% of gutter bins was $420,000 in 2022. Costs have risen somewhat since 2022. After these are installed, they will incur an additional $90,000 each year in contracted cleaning costs to clear debris and pollution. Photos: In September 2024, this gutter bin captured spilled chlorine from a trash truck preventing what could have been a disaster for the creek. Applicable Strategic Priority and Goal: Environmental Increase the installation of pollution catchment devices (gutter bins or similar) to 50% of town storm drains. 2026 2027 2028 2029 2030 Capital Cost $450,000 $0 $0 $0 $0 Ongoing Cleaning Cost $90,000 annually 249 R14 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Streambank Mitigation / Vail Golf Club Vegetation Master Plan – Vail Golf Club Hole 11 Budget: Narrative: Three projects identified in the Vail Golf Club Vegetation Master Plan will be taken to 50% design during the planning process already underway. Staff is requesting a $150,000 placeholder for a grant match to pursue one of those three projects in 2026: Completion of a streambank stabilization and riparian restoration project on the Hole 11 fairway of the Vail Golf Club. The total cost of this project is estimated at $450,000. Staff will explore grant opportunities as they become available, including grants from the National Fish & Wildlife Foundation. Utilization of this placeholder is contingent upon receiving a grant for towards the project. Complete implementation of the Vail Golf Club Vegetation Master Plan is anticipated to occur over a 5-10 period. 2026 2027 2028 2029 2030 Capital Cost $150,000 $0 $0 $0 $0 250 H01 Housing Fund – 2026 Five-Year Plan Project: Vail InDeed Program Budget: Narrative: Vail InDEED is the Town’s deed restriction purchase program, is created to incentivize homeowners and real estate buyers/sellers to deed restrict their property to help the Town meet the 2027 Housing Strategic Plan goal of acquiring an additional 1,000 deed restricted units by the year 2027 and helps to reach the goal of maintaining and sustaining homes for residents within the community. Over the past few years, there has not been sufficient demand to expend the full $2.5 million each year. The unspent funding has rolled forward from year-to-year. There is $4,385,645 in InDeed funding included in the 2025 budget. Through September of 2025, staff has only approved or has active applications for $333,000 of this amount. Since 2022, the Town has awarded less than $600k in InDeed funding each year. Staff has proposed decreasing the annual funding placeholder from $2.5 million to $1.0 million beginning in 2026, allowing for the funding of other priority projects. The unspent balance will be available to roll forward, as has been done in previous years. Photos: Applicable Strategic Priority and Goal: 1. Strategic Priority – Create a strong community and create affordable housing opportunities (Goals A1, A2 and A3 of the Town Council’s five-year strategic plan) 2026 2027 2028 2029 2030 Annual Funding $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 251 H02 Housing Fund – 2026 Five-Year Plan Project: Timber Ridge Unit Purchase Placeholder for Community Rental Budget: Narrative: The Town of Vail is a financial partner in the development of Timber Ridge Village. This housing project creates 302 new for sale, deed-restricted residential units in studio, one-, two-, three-, and four-bedroom configurations. In accordance with the Development Agreement signed with Triumph Development West, the Town committed to $25,449,948 towards unit purchases. Staff has proposed allocating the commitment as follows: • $13,949,948 for units to be purchased by the Town and rented back to the community (funded by the Housing Fund) • $8,500,000 for units to be purchased by the Town and rented to internal Town of Vail employees (purchased by the Internal Employee Housing Rental Fund, through a transfer from the Capital Projects Fund) • An additional $3,000,000 contribution to Habitat for Humanity of the Vail Valley for the purchase of Timber Ridge units for their community home ownership program. This brings the Town’s total commitment to this program to $5,000,000, combining with the $2,000,000 contribution already reflected in the 2025 budget. Staff anticipates the $13,949,948 placeholder for Community Rental units to purchase approximately 29 units, pending unit-size selection. Photo: Applicable Strategic Priority and Goal: Create a strong community and create affordable housing opportunities: 2026 2027 2028 2029 2030 Capital Cost $13,949,948 $0 $0 $0 $0 252 IEH01 Housing Fund – 2026 Five-Year Plan Project: Timber Ridge Unit Purchase Placeholder for Community Rental Budget: Narrative: The Town of Vail is a financial partner in the development of Timber Ridge Village. This housing project creates 302 new for sale, deed-restricted residential units in studio, one-, two-, three-, and four-bedroom configurations. In accordance with the Development Agreement signed with Triumph Development West, the Town committed to $25,449,948 towards unit purchases. Staff has proposed allocating the commitment as follows: • $13,949,948 for units to be purchased by the Town and rented back to the community (funded by the Housing Fund) • $8,500,000 for units to be purchased by the Town and rented to internal Town of Vail employees (purchased by the Internal Employee Housing Rental Fund, through a transfer from the Capital Projects Fund) • An additional $3,000,000 contribution to Habitat for Humanity of the Vail Valley for the purchase of Timber Ridge units for their community home ownership program. This brings the Town’s total commitment to this program to $5,000,000, combining with the $2,000,000 contribution already reflected in the 2025 budget. Staff anticipates the $8,500,000 placeholder for TOV employee housing units to purchase approximately 18 units, pending unit-size selection. With these additions, the Internal Employee Housing Rental program will include approximately 106 units. Applicable Strategic Priority and Goal: Create a strong community and create affordable housing opportunities: 2026 2027 2028 2029 2030 Capital Cost $8,500,000 $0 $0 $0 $0 253 FUT01 Future Potential Capital Projects – Not Currently Included in 2026 Five-Year Plan Project: Geothermal Energy District – Phase 2 Eligible for Funding from: Capital Projects Fund and Real Estate Transfer Tax Fund Estimated Cost (in today’s dollars): Design: $6,000,000 (prior to grants, partner, or developer funding) Construction: Unknown Upkeep: Unknown Narrative: The Town is exploring a geothermal energy system as a means to reduce gas and achieve its carbon reduction goals. Phase 1 will create a geothermal district between the library, geothermal borefield, and Dobson Ice Arena. The design and construction of Phase 1 is included in the 5-year plan, as part of the Energy Efficiency Performance Contract (See Project Narrative C01). Phase 2 would replace large natural gas uses such as the Lionshead snowmelt plant, town- owned snowmelting at the Arrabelle, and integrate large borefields and the ERWSD waste- water treatment plant. This larger project could be complete in multiple construction phases. Additional development work is needed. Ultimately, the geothermal system would require a governance structure to assign roles and responsibilities to such as owner, operator, and heat off-takers. The project is currently at 30% design. The next step is to achieve 60%-90% design, and complete additional development work to create the business-case for potential investors and bring the larger system to construction readiness. This will cost approximately $6M. Staff has identified potential grants and development funding opportunities totaling approximately $5M. This would require a $1M match from the Town, which is not currently included in the 5-year plan. Staff recommends continuing to investigate possible development paths for the full energy district by, or in cooperation with, a third-party developer, while the first node of the thermal district at the Library and Dobson is constructed and evaluated. 254 FUT01 Photos: Applicable Strategic Priority and Goal: Environmental Sustainability: E.3 255 FUT02 Future Potential Capital Projects – Not Currently Included in 2026 Five-Year Plan Project: East and West Lionshead Circle Bike Lanes Eligible for Funding from: Capital Projects Fund Estimated Cost (in today’s dollars): Design & Construction: $1,000,000 Narrative: East & West LH Circle are busy pedestrian roads that provide the main access into Lionshead Village. The existing roads do not have bike lanes. The 2024 Mobility & Transportation Master Plan recommends adding bike lanes by narrowing the vehicular lanes and adding 5’ bike lanes. This treatment is also proposed on Vail Valley Drive and Vail Road. Applicable Strategic Priority and Goal: Transportation (D.1) 256 Town of Vail - 2026 Town Manager's Proposed Budget Attachment B Program Narratives Index Program Title Year(s)Fund GP01 2026 General Fund RP01 2025 - 2026+Real Estate Transfer Tax Fund RP02 Ongoing Real Estate Transfer Tax Fund Community Development Code Modernization Plan Booth Creek Fuels Implementation Fire Free Five Rebate Program Future Planned/Potential Programs (not currently included in Budget) Expanded Bus Service (Funded by SB230 Grant)2026 +General Fund 257 GP01 General Fund – 2026 Budget Project: Community Development Code Modernization Plan 2026 Budget: $100,000 Narrative: Staff is requesting $100,000 in expenditures in 2026 to execute a complete rewrite and modernization of Title 12: Zoning Regulations. The current code language dates back to the early 1970s and has not undergone a comprehensive overhaul since its original adoption. The rewrite will encompass solutions to process inefficiencies, antiquated uses and definitions, and modernizing the structure and substance of Title 12 and associated code to significantly improve the development review process. Applicable Strategic Priority and Goal: Excellent Customer Service 258 RP01 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Booth Creek Fuels Implementation Budget: Narrative: Staff is requesting an additional $200,000 in expenditures in 2026 to continue of the Booth Creek Hazardous Fuels Project. Funds will be utilized to hire contractors to implement mechanical fuels reduction and prescribed fire burn preparation on the USFS Booth Creek Fuels Project. These new funds will be utilized to conduct hand treatments in Spraddle Creek as well as prep burn units in NEPA unit 110 and 112. The Town has received a mix of state and county funding to conduct this work. This includes the following: • USFS Funding Budgeted in 2025: $125,000 • USFS Funding Budgeted in 2026: $50,000 • Eagle County IGA approved at 09/16/25 council meeting – To be supplemented in 2025 budget: $45,000 In addition, the State is contributing more than $350K towards this project. The state is directly contracting for this portion of work, and these funds are not passed through the Town. Applicable Strategic Priority and Goal: Public Safety 2025 Forecast 2026 2027 2028 2029 Program Revenues $170,000 $50,000 TBD – Pending future Grant Funding Program Expenditures $330,000 $200,000 TBD – Pending future Grant Funding Net Town Contribution $160,000 $150,000 259 RP02 Real Estate Transfer Tax Fund – 2026 Five-Year Plan Project: Fire Free Five Rebate Program Budget: Narrative: Implementing Fire Free Five around every structure in Vail has been a high priority objective of the Fire Department since 2022. This program reimburses property owners for installation of non-combustible landscaping within 5 feet of a structure. In 2025 as part of a town council strategic action, the Fire Department was directed to increase community engagement and provide additional financial assistance to community members to implement Fire Free Five defensible space. The previous five-year plan included an annual funding level of $50,000 for this program. Staff is requesting an increase of $57,000 to increase the amount of funding available to the community. Funds will be distributed to the community through the Fire Free Five Community Assistance Program managed by the Fire Department. Photo: Applicable Strategic Priority and Goal: Public safety 2026 2027 2028 2029 2030 Fire Free Five Rebates $100,000 $100,000 $100,000 $100,000 $100,000 Public Outreach $7,000 $7,000 $7,000 $7,000 $7,000 260 Form Name: 2026 Council Contribution Request- Services Submission Time: June 30, 2025 4:12 pm Browser: Chrome 137.0.0.0 / Windows IP Address: 68.170.40.250 Unique ID: 1358100608 Location: 39.6512, -106.3234 Town of Vail 2026 Annual Council Contribution Request- Services Organization Name Colorado Snowsports Museum Contact Name Jennifer Mason Title of Contact Executive Director Contact Email jen@snowsportsmuseum.org Program and/or organization website www.snowsportsmuseum.org Number of years organization has been in business 49 Organization Mission Statement Celebrate Colorado snow sports by telling stories that educate and inspire others to seek adventure. Address 231 S Frontage Rd E Vail, CO 81657 Work Phone 19704761876 Organization's Tax Status 501(c)3 Please attached a copy of your organization's W9 https://www.formstack.com/admin/download/file/18191320733 Funding Request What is the name of your program? Colorado Snowsports Museum General Operating Costs Is this a new program?No How many years has this program been produced in Vail? 49 Type of Funding Requested Cash & In-Kind Cash Contribution Requested 75000 In-Kind Contribution Requested Colorado Snowsports Museum annual facility rental and three, year-round town parking passes Revised amount requested $50,000 261 Please describe the timeframe of your program (i.e. year round, seasonal, or specific event dates). If applicable please list the relevant dates. This contribution will allow the museum to continue to operate admission-free, 350 days annually, throughout 2026. Did you received funding from the Town of Vail for 2025? Yes How much funding did you receive from the Town of Vail for 2025? (Please include total funding you received from the CSE and Town Council)? 49231 Please describe the location(s) of the program in previous years. The Colorado Snowsports Museum is located in the Vail Village Transportation Center Please describe the exact use(s) of the contribution. Please be as specific as possible. (i.e. the items/materials to be purchased for your program, charitable support or activities funded, etc) The Council Contribution will support the museum's annual operating budget and allow for the museum to continue to operate admission-free for visitors and locals alike. An additional $25,000 in funds for 2026 will go in support of the 50th anniversary renovation of the museum's main entrance, which serves as a focal point for visitors to the town. PROGRAM INFORMATION How does your request support the Contribution Policy (See above)? The Council Contribution will be used for daily operating costs, allowing us to keep the Museum, one of Vail's most visited, year-round, cultural facilities, admission-free for all visitors. Home to the most comprehensive exhibit of 10th Mountain Division artifacts, pictures and films in the nation, the Museum honors and shares the story of this elite division and their accomplishments. It was the soldiers of the 10th who championed the Colorado ski industry and put Vail on the map. The evolution of Vail is a focal point of the Museum, allowing both visitors and locals alike to absorb the local color and enhance their experience of Vail with rich insights into the history and heritage of the town and the Colorado snow sports industry. 262 How will your program support the mission & vision of the Vail Town Council? Our innovative and interactive Museum adds vibrancy to Vail, providing a unique educational and cultural experience that all ages and abilities are able to enjoy. The level of excellence and use of technology has elevated the Museum to the same standard that residents and guests have come to expect from all aspects of Vail. Our newest exhibit, "Letters Home," features an interactive digital touchscreen of the Museum's collection of letters, scrapbooks, photos, army communications and rosters of the WWII era 10th Mountain Division soldiers. Another popular exhibit is Vail's DNA which tells the story of the birth and growth of the Vail Valley, from a small mountain village to the thriving world-class destination it is today. How will your program attract target markets of both visitors and community members? The Museum is one of Vail's most visited cultural/educational institutions and currently draws 80,000 visitors annually. Its location at the gateway to the village core makes it accessible to thousands of people coming or going from the Vail Transportation Center. It also is a draw for travelers along the I-70 corridor, or those who have a specific interest in the 10th Mountain Division of World War II. In addition to daily visitors, the Museum hosts field trips for students from local schools, and Vail history walking tours twice weekly through the summer and winter seasons. The Museum is also available for special events for various community and private groups seeking a venue that is easily accessible and affordable. In addition, the Museum has obtained a loyal and strong social media presence. This keeps our audience and newcomers in the know about what's happening at the Museum and in the Vail community. How will your program deliver fresh content (new programming, additional days/activities, ect.)? The Colorado Snowsports Museum houses the most comprehensive collection of Colorado ski and snowboard artifacts, films and pictures in the world. We are perpetually accepting new artifacts and sharing new content with them, whether it be a temporary exhibit, social media post, or email communication. Additionally, the museum's "Through the Lens" Series each winter, features expert speakers on topics relevant to the current local environment. In 2025, the museum hosted eight "Through the Lens" events, including two sold-out evenings featuring "The Ravinos," a film that documents the history of the locally based group. We record and post each of these events onto our YouTube channel, forever preserving these special stories and providing an additional opportunity to reach a broader audience. 263 How will your program achieve recognition and drive participation? The Colorado Snowsports Museum is a leader in small museum management. We are consistently featured in regional and national media outlets, gaining respect as Vail's only museum and Colorado's official snow sports museum. Additionally, each year as we induct a new class into the Colorado Snowsports Hall of Fame, we gain a new following of supporters from those who come together to celebrate the newest inductees. The inductees are recognized by their family, friends, and peers from across the state, country and world, allowing the Museum to have a far-reaching impact. This year's Hall of Fame class has been featured on 9 News Denver, Aspen Times, Denver Gazette, Summit Daily, and Powder Magazine Newsletter to name a few. What is the lasting community involvement and or benefit of this program? Having Vail as the home for the Colorado Snowsports Museum reinforces this community as the epicenter of Colorado snow sports, which in turn provides benefit to all aspects of the Vail economy and the quality of life for all residents of Vail. As museums are functioning more and more like community centers in providing access to current trends and new ideas, they've become hot-spots for civic engagement. The promotion of education and the cultivation of conversation that is taking place at the Colorado Snowsports Museum is helping to shape and strengthen our community. BUDGET Are your books audited?Yes Please upload program/organization budget https://www.formstack.com/admin/download/file/18191320752 Who currently funds your organization? The Museum receives funding from the following sources: net proceeds from the Hall of Fame Celebration; Through the Lens speaker series ticket sales; individual Museum memberships; gift shop sales; private tours; Museum rentals; grants; sponsorships; and donation box collections. In-kind support is also a vital component of the budget. What percentage % of the total event budget is being requested? 6 If the program is not funded at the full request, how will it change with a lower funding allocation? This contribution keeps us an admission-free museum for all visitors, and open 350 days a year. Without this contribution, we would need to cut back operating days and/or staff hours to accommodate. 264 Should the Council decide not to support this program at all, will it still occur? No SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 11500 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 65000 Please list your confirmed sponsors or partners Vail Resorts Epic Promise, Individual donors and Museum members Please explain the potential for additional sponsorships or partners. In the past two years, we introduced the opportunity to sponsor each of our Through the Lens events, which was highly successful. These sponsorships help us cover the cost of AV support, which allows us to preserve these presentations and share to a broader audience on our various social channels. Looking ahead, we are exploring potential opportunities for underwriting opportunities to cover field trips expenses so that we can invite all the students in Eagle County to explore the Museum and the rich history of their hometown. ADDITIONAL INFORMATION Are there any other things you'd like to share with Council and staff that are not included in the application? Thank you for your tremendous past support and consideration of future funding as the museum approaches its 50th Anniversary year. As a nonprofit, we are reliant on the contributions of our supporters. Now more than ever, museums are essential as a way to bring people together. Museum's like ours foster social networks and inclusivity, educate and inspire future generations, and preserve vital history. Organization rosters naming all officers, board of directors and respective positions as relevant. https://www.formstack.com/admin/download/file/18191320762 If you received Council funding in 2025, please upload a document recapping the use of prior year Council funds. https://www.formstack.com/admin/download/file/18191320763 265 Upload any other relevent materials such as photos, videos, articles, PR coverage, ect. https://www.formstack.com/admin/download/file/18191320764 266 Form Name: 2026 Council Contribution Request- Services Submission Time: June 30, 2025 12:24 pm Browser: Safari 18.5 / OS X IP Address: 64.98.238.238 Unique ID: 1358014470 Location: 39.4029, -107.2062 Town of Vail 2026 Annual Council Contribution Request- Services Organization Name Betty Ford Alpine Gardens Contact Name Nicola Ripley Title of Contact President Contact Email nicola@bettyfordalpinegardens.org Program and/or organization website www.bettyfordalpinegardens.org Number of years organization has been in business 38 Organization Mission Statement To protect the alpine environment through education, conservation and living plant collections. Address 522 South Frontage Road East Vail, CO 81657 Work Phone (970) 476-0103 Organization's Tax Status 501c3 Please attached a copy of your organization's W9 https://www.formstack.com/admin/download/file/18190069404 Funding Request What is the name of your program? Gardens Program Is this a new program?No How many years has this program been produced in Vail? 38 Type of Funding Requested Cash & In-Kind Cash Contribution Requested 125000 In-Kind Contribution Requested 2 Ford Park parking spaces & one blue parking pass for the President/Executive Director 267 Please describe the timeframe of your program (i.e. year round, seasonal, or specific event dates). If applicable please list the relevant dates. The Gardens are open year-round and require year-round attention and work to maintain the living plant collections, alpine house and plant propagation during the off-season. Did you received funding from the Town of Vail for 2025? Yes How much funding did you receive from the Town of Vail for 2025? (Please include total funding you received from the CSE and Town Council)? 120799 Please describe the location(s) of the program in previous years. Betty Ford Alpine Gardens has been developing and maintaining the Gardens in Vail's Ford Park for 38 years. Please describe the exact use(s) of the contribution. Please be as specific as possible. (i.e. the items/materials to be purchased for your program, charitable support or activities funded, etc) The core contribution has been used to care for the living plant collections and Gardens over 5 acres in Ford Park. The new Ford Park Master envisions Betty Ford Alpine Gardens taking care of all Ford Park landscaping and bring it all to the 'Vail standard' as well as removing turf and extending the Garden footprint. In an effort to begin to satisfy this request for expanding our maintenance footprint, the Gardens have hired an additional full-time seasonal horticulture position. This is the first step in re-envisioning Vail's Ford Park and in keeping with Amphitheater expansion and planned new playground. The currently expanded areas include: Nature Center Bridge garden, Area opposite the Pollinator Garden, Gardens between the Education Center and Gore Creek Trail, and the area above the basketball court. This is the beginning of an increased annual support contribution reflecting the additional areas the Gardens team are now maintaining. 2026 is anticipated to include a new East Entry experience and other areas still under discsussion. PROGRAM INFORMATION 268 How does your request support the Contribution Policy (See above)? In 2025, Betty Ford Alpine Gardens was selected as one of USA Today's top 20 Gardens in the US. The Gardens ranks as Vail's top summer destination for visitors on multiple websites. Consistently #1 on Tripadvisor for Things to Do in Vail, and it is a destination driver for anyone looking for a unique mountain experience. In addition Betty Ford Alpine Gardens has a significant economic impact on Vail's summer economy, estimated at 15 million, despite being completely free to the public, explained later in more detail. The Gardens provide an exceptional recreational, educational and cultural experience with no admission fee for the public, drawing approximately 200,000 visitors each summer. Extensive signage and new annual exhibits in the Education Center and throughout the Gardens provide a unique experience for the guest. Daily tours, both self-guided and docent-led enrich this experience and draw people back every year with new things to see. New education programs and expanding gardens over the years means the value of this program continues to grow and evolve. The Town of Vail's goal to be a premier international resort community is elevated by having a world class Botanical Garden and a leader in alpine plant conservation in Vail's Ford Park. 269 How will your program support the mission & vision of the Vail Town Council? Betty Ford Alpine Gardens supports every aspect of the Town's mission. It provides a place of beauty, education and relaxation free to all. Its own mission is to connect the community with nature and to protect it , all done in a manner to make the World's Premier Mountain Community proud. The Gardens is committed to preserving Vail's natural environment, indeed the Gardens inspire an appreciation of the mountain environment in all of its visitors. With an estimated 200,000 plus summer visitors, it is the crowning jewel of Vail's summer experience. In addition, the Gardens is a driving impact on Vail's summer economy. In 2023 we began to monitor both visitors numbers and economic impact. Using Intercept Insights analysis and cell phone data from Ford Park, initial survey results reveal a $15 million impact on the Vail economy. As we continue this research study and survey more summer visitors we expect this number to go considerably higher. Vail's contribution to this remarkable destination reaps a significant dividend. Over the years the Garden budget has grown to over $2 million per year, all monies spent on providing an engaging, cultural visitor experience at no cost to the visitor. Betty Ford Alpine Gardens is truly an iconic part of the Vail experience and one we know is the envy of other mountain resort communities. 270 How will your program attract target markets of both visitors and community members? The immaculate condition of these exceptional gardens keeps this destination at the top of Vail's summer offerings. The spectacular Gardens draw destination visitors and community members back each year. The displays, both floristic and educational, change constantly and for locals that means return visits. The annual education exhibit also creates a reason for every visitor to return. The Gardens is ranked #1 on Trip Advisor for 'Things to do in Vail'. Available to visit with no entry fee, visitors and community members become repeat visitors to see the ever evolving Garden. The Gardens continues its investment in a marketing and rebranding project with local company, Blackbird Agency, formerly Hill Aevium. The Board's marketing team engages with professional PR consultants to drive visitation and provide community awareness. The Gardens marketing extends to the Vail Valley Magazine, Colorado Tourism Office, Vail Daily, Colorado Public Radio among others. Ranking amongst the top public gardens in the US by USA Today magazine, AARP, AAA, Active Times, Sunset and others, this Garden is a national draw to choose Vail as a destination. Our book, On the Roof of the Rocky Mountains released in 2021, amplifies the message of the important 'behind the scenes' work of the Gardens and won a Gold Indie Award. How will your program deliver fresh content (new programming, additional days/activities, ect.)? Botanical Gardens offer an ever changing stage for visitors, the Gardens change daily with new plants taking center stage as different areas burst into bloom and provide a constantly changing palette. Each year new gardens are either physically added or old areas are refreshed providing new areas of interest each year. Renovation is strategically planned and independently funded to ensure the highest professional standards in all areas. Our Education team creates new family activities each year around an annual theme . Each year a new educational exhibit based on this theme enhances the garden experience. This annual theme is designed to create additional reasons to return. In 2025 the 'Habitat' exhibit, with its unique Bug Hotel, explains the importance of good habitat for the future of our ecosystem. 271 How will your program achieve recognition and drive participation? As described elsewhere, the Gardens is now regarded as one of the top Botanical Gardens in the US. Garden staff are acknowledged as experts in their field and asked for opinion and advice from media outlets extending the reach of the Gardens. Garden's President Nicola Ripley, former President of the American Public Gardens Association, has been accepted as Chair of the newly created Alpine Plant Specialist group within the International Union for the Conservation of Nature (IUCN), the world's leading organization for biodiversity conservation. In addition we have been selected as members of the Global Partnership for Plant Conservation. Garden's Curator Colin Lee sits on the Board of the North American Rock Garden Society. Touring both in the US and abroad, staff are the best of the best and are in high demand to give talks and workshops, ensuring new audiences and visitors. The recognition and reputation of the Gardens is international. In 2025, the Gardens is presenting an exhibit called Habitat from the Smithsonian Museum. Exhibits from well recognized institutions like this continue to grow our reputation and bring new visitors to the community. The topic of this exhibit has a particularly pertinent message about ecosystem protection. The Gardens continues to build on its recent rebranding efforts with new digital materials, increased PR and expanded social media. 272 What is the lasting community involvement and or benefit of this program? Through Betty Ford Alpine Gardens, Vail now leads the way in preserving the mountain environment for the current community and future generations. The role that the Gardens plays in its Strategy for Alpine Plant Conservation has received international recognition through the Botanic Gardens Conservation International and now with the International Union for the Conservation of Nature. Both the plant collections themselves and our important conservation work will leave a lasting legacy not only for Vail but for our continent. Expanding the international alpine conservation effort has the potential to reach way beyond the gardens to the entire resort community. Vail has an opportunity to lead a legacy of conservation commitment that would be the envy of other resorts. Locally, the Gardens are an essential anchor for the community, a place for celebrating important milestones and bringing family and visitors to showcase a beautiful place in their backyard. We hear from longtime seasonal visitors that the Gardens is a constant for them and their families, an experience and a place they have included in every visit over the years. Our team of loyal volunteers have put years of love, sweat and tears into a garden they are fiercely proud of. In interviews for the Betty Ford book we were told the Gardens gives Vail its soul. BUDGET Are your books audited?Yes Please upload program/organization budget https://www.formstack.com/admin/download/file/18190069423 273 Who currently funds your organization? Our operating budget is currently $2.3 million. Individual donors are the primary source of revenue through outright donations, foundation grants and memberships. Other sources of revenue include earned income - gift shop purchases, tours, weddings, yoga etc and a growing endowment distribution contributes funds to general operations. While the Gardens has grown consistently over the years, both physically and in its programs, this year marks the start of a new transformation of Ford Park in response to the Ford Park Master Plan. Directed by this Plan, the Gardens has agreed to begin taking over the maintenance of all landscaped areas in Ford Park and increased the Garden footprint. This effort will bring all areas of the Park to the same world class standard. However it will come with increased operational costs both in staffing, materials and equipment. We are requesting a $125,000 contribution to begin this transition from the Town of Vail. This will start to position the Gardens to be able to expand and transform the experience that is Ford Park. In just the last 12 years, the overall budget has grown from $500,000 to over $2 million. What percentage % of the total event budget is being requested? 5 If the program is not funded at the full request, how will it change with a lower funding allocation? Betty Ford Alpine Gardens looks forward to partnering with the Town of Vail to transform the Ford Park experience. Without an increase in operating funds this expansion will be put on hold until the Town is able to partner with us. *If council decided not to support the program at all, Betty Ford Alpine Gardens would find a way to continue including the idea of an admission fee. Should the Council decide not to support this program at all, will it still occur? Yes SPONSORSHIPS & PARTNERSHIPS 274 What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 2200000 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 100000 Please list your confirmed sponsors or partners The Frechette Family Foundation Internship Endowment funds four summer internships in perpetuity. Other funds come from general endowment, memberships and individual donations on an annual basis. The Gardens has operated in Ford Park for 38 years and has a loyal following of high level donors as well as hundreds of members. Please explain the potential for additional sponsorships or partners. Having the Town of Vail as an anchor supporter is a vital part of securing funding from other foundations and grantors. Support from our town allows Betty Ford Alpine Gardens to reflect that we are an important pillar to the community the Town of Vail serves. The Gardens is supported by individual philanthropy and family foundations. Securing these gifts is an ongoing part of our annual operations. Depending on projects, the Gardens apply for grants from private foundations, federal funds and individual support for specific initiatives and general operations. ADDITIONAL INFORMATION Are there any other things you'd like to share with Council and staff that are not included in the application? The reputation of Vail's Betty Ford Alpine Gardens is way beyond the size of the Gardens themselves. It is widely acknowledged as one of the leading botanic gardens in the US and THE leading institution advocating for Alpine Plants globally. Now is the time to celebrate and acknowledge this gem. Organization rosters naming all officers, board of directors and respective positions as relevant. https://www.formstack.com/admin/download/file/18190069433 If you received Council funding in 2025, please upload a document recapping the use of prior year Council funds. https://www.formstack.com/admin/download/file/18190069434 275 Upload any other relevent materials such as photos, videos, articles, PR coverage, ect. https://www.formstack.com/admin/download/file/18190069435 276 Form Name: 2026 Council Contribution Request- Services Submission Time: June 30, 2025 12:40 pm Browser: Chrome 137.0.0.0 / Windows IP Address: 67.172.143.154 Unique ID: 1358020857 Location: 39.6313, -106.5108 Town of Vail 2026 Annual Council Contribution Request- Services Organization Name Eagle River Coalition Contact Name Vicki Flynn Title of Contact Executive Director Contact Email flynn@eagleriverco.org Program and/or organization website eagleriverco.org Number of years organization has been in business 21 Organization Mission Statement The Eagle River Coalition advocates for the health of the Upper Colorado and Eagle River watersheds through research, education and projects. Address PO Box 5740 215 Broadway St Eagle, CO 81631 Work Phone (970) 827-5406 Organization's Tax Status 501c3 EIN 20-4448864 Please attached a copy of your organization's W9 https://www.formstack.com/admin/download/file/18190162887 Funding Request What is the name of your program? Eagle River Coalition River Health Protection Is this a new program?No How many years has this program been produced in Vail? 31 Type of Funding Requested Cash Funding Only Cash Contribution Requested 42000 277 Please describe the timeframe of your program (i.e. year round, seasonal, or specific event dates). If applicable please list the relevant dates. Our ongoing water quality monitoring programming, WQMAP, occurs year-round. Community Pride Highway Cleanup - May 6, 2026 Eagle River Cleanup - September 12, 2026 Gore/Black Gore Creeks - monitoring and collaborative work occurs year-round. Gore Creek Action Plan - planning and implementation occurs year-round, and project work typically occurs in the summer months. Eagle River Community Water Plan - Ongoing/year-round Did you received funding from the Town of Vail for 2025? Yes How much funding did you receive from the Town of Vail for 2025? (Please include total funding you received from the CSE and Town Council)? 42000 278 Please describe the location(s) of the program in previous years. The entirety of the Eagle River Watershed and 55 miles of the Upper Colorado is considered the location of our service area. This extends from locations at Vail Pass and through Camp Hale, includes the Vail Ski Area, captures the runoff from the Gore Range, and includes all areas to the South and the West that drain to the Eagle River or local reaches of the Upper Colorado River, including Gore Creek. The Water Quality Monitoring & Assessment Program (WQMAP) assesses data from 12 entities that collect data throughout Eagle County, including two paired monitoring locations (upstream and downstream) on both Mill and Booth Creeks, four locations on Black Gore Creek and eight on Gore Creek. By assessing all water quality data collected throughout Eagle County as one body of information, we are able to detect threats as they arise and identify gaps and redundancies in data collection. This provides a more complete picture of water quality in the county and informs decision-making. The Community Pride Highway Cleanup places teams of volunteers along 140 miles of I-70 and Highways 6, 24 and 131 from Vail to Dotsero, in addition to the lower section of the Colorado River Road. The Eagle River Cleanup assigns teams of volunteers to clean 68 miles of streams throughout Eagle County, including Gore Creek. Please see attachment "2026 Eagle River Coalition Program Details" for additional information. Please describe the exact use(s) of the contribution. Please be as specific as possible. (i.e. the items/materials to be purchased for your program, charitable support or activities funded, etc) Please see attachments "2026 Eagle River Coalition Program Details" and "Town of Vail Funding Contribution Use Report - 2025" for information about the uses of the contribution in 2025 and the uses of the requested contribution for 2026. PROGRAM INFORMATION 279 How does your request support the Contribution Policy (See above)? The health of Gore Creek is critical to the Town of Vail's full-time residents, as well as to seasonal homeowners and visitors and the 40 million+ downstream water users of the Colorado River. We know this, because in community surveys, the health of Gore Creek is consistently listed second only to housing on the list of community priorities. It is also a top priority in the Town Council Action Plan. Supporting the Eagle River Coalition and its efforts to protect Gore Creek is consistent with the Vail Town Council's goals and noted community priorities. At its root, our region's recreation-based economy relies upon excellent water quality and quantity. This is both directly - in terms of whitewater enthusiasts, anglers, hikers, backpackers and hunters, and indirectly - in terms of sightseers, skiers and snowboarders, and the hospitality and tourism industries that depend upon these natural resources. Visitors and community members alike reasonably expect to see, recreate in, and interact with a beautiful stream and drink clean water when they are in and near Vail. 280 How will your program support the mission & vision of the Vail Town Council? The Eagle River Coalition's mission is tied inextricably to the mission and vision of Vail because water from melting snow, springs and creeks flows into the Eagle River through its main tributaries. These streams not only supply the water for all of Eagle County's population, as well as several Front Range communities, but also offer opportunities for an incredible array of commercial, recreational, educational and scenic experiences for all. The Eagle River Coalition's programs, projects and initiatives ensure a healthy watershed and protect the recreational, economic, social and natural values that make Vail and the Eagle River what they are. The Eagle River Coalition assists with the coordination of restoration projects in riparian areas, streambanks and in stream channels - places where development, recreation and more have led to degraded ecosystem health and water quality. We believe that taking an active role in the protection of our waterways ensures a vibrant future for all. We champion the work that the Town has done already to improve conditions on Gore Creek, and we strive to continue our role as an active collaborative organization. Contributing substantially to the Eagle River toward the upper end of its watershed, the health of Gore Creek influences water quality and conditions much further downstream, and we applaud continued efforts to protect these waterways. 281 How will your program attract target markets of both visitors and community members? Our small team of full-time staff, together with an active board of directors and a range of collaborating entities in the community, is committed to improving and protecting the health of our watershed, from the rivers and streams to those who depend on them. We do this through education, restoration projects, advocacy and water quality monitoring efforts. Our work positively impacts many thousands of visitors and locals annually. In May 2025, more than 700 volunteers assisted in the removal of 15+ tons of trash and debris during the Community Pride Highway Cleanup. In addition to preventing all that trash from making its way to the Colorado River, which supplies 40 million individuals with water throughout the West, our events and programs grow local pride, protect wildlife and keep this iconic valley's river healthy. Without landscapes of cascading water from snowmelt and healthy streams where native fish spawn, Vail would not be the same. The Eagle River Coalition's work protects local waterways and the ecosystems on which wildlife and humans depend. Tourism, commerce and the mountain lifestyle to which visitors and the community are drawn hinge on the presence of our valley's waterways. 282 How will your program deliver fresh content (new programming, additional days/activities, ect.)? The Eagle River Coalition is committed to its mission to protect and conserve our watershed both now and into the future, and our organization is made more effective in pursuit of this principle by remaining adaptable to the needs of the community. An example of such is the expansion of our educational opportunities and resources to support conversion from turf-grass to more waterwise landscaping. To date, events have included rain barrel workshops, the dissemination of educational materials, and collaborative work with municipalities, HOA's, and water providers to achieve measurable results in water efficiency and reduction of outdoor irrigation. Together with longstanding and new partners alike, we continue to seek out creative ways to structure our programs and initiatives to be as inclusive and welcoming as possible, adapting to the demands of whatever circumstances we may face. This is just an example of our commitment to protecting the natural resources that engage this community and its visitors. Whether biking Vail Pass to the Gore Range viewpoint near the Black Lakes, celebrating a Piney Lake wedding, cheering for kayakers from International Bridge, the work of our organization plays an integral role. We do this by remaining committed to our mission, and offering programming that invites everyone (residents and visitors alike) to be empowered to protect the river-dependent landscapes that surround us in the Eagle River Valley. 283 How will your program achieve recognition and drive participation? When volunteers (1100+ annually) participate in our cleanups and projects, they are left enjoying a sense of belonging and community knowing they were critical in the shared desire to see local landscapes cleaned, healthy and restored. When visitors and residents alike drop a line in Gore Creek and notice what is hatching, they are referencing the same indicators that we collaborate to measure on a larger scale, and when they attend events like Lunch with Locals and learn about the positive impacts of stream setback policies, they can understand that healthy riparian areas create buffer zones that benefit water quality. We are active on social media, maintain an engaging blog and website, send a regular newsletter, and seek to represent our mission by sporting branded clothing connecting the community to our programs, projects and the resources we help protect. Our marketing materials consistently include sponsor names and logos, and this recognition can be found on event pages and signup forms as well. As a celebratory kick-off prior to the 31st Annual Eagle River Cleanup, we will host a free gathering near Gondola One in Vail Village on Aug. 28 to celebrate volunteers, sponsors and supporters and highlight their collaborative work. We are thrilled to maintain high-energy engagement of those committed to local waterways and healthy landscapes and look forward to recognizing supporters of all kinds at this event, as well as in program marketing efforts. What is the lasting community involvement and or benefit of this program? There are benefits to tradition, and our Highway and River Cleanup events have been around for 25 and 31 years in 2025 respectively. Approximately 1,500 volunteers consider these annual events to be part of their identity in relation to their landscape. Additionally, efforts to monitor, track and improve water quality can create a lasting tradition of stewardship and science-backed decision-making that protects invaluable and essential resources. As water issues in the Mountain West continue to deepen and intensify, creating community, increasing accountability and opportunities for involvement and change, and continuing to invest in on-the-ground organizations that protect these resources is ever more important. BUDGET 284 Are your books audited?Yes Please upload program/organization budget https://www.formstack.com/admin/download/file/18190162905 Who currently funds your organization? The Eagle River Coalition relies on funding via support from Eagle County, local municipalities and metropolitan districts, Eagle River Water and Sanitation District (ERWSD), Upper Eagle Regional Water Authority (UERWA), local businesses, private foundations, Colorado Water Conservation Board, state and federal agency grants, individuals and hosted events. What percentage % of the total event budget is being requested? 12 If the program is not funded at the full request, how will it change with a lower funding allocation? The sediment source monitoring (TMDL) and bio-monitoring of Gore/Black Gore Creeks and the projects from the Gore Creek Strategic Action Plan have the greatest and most direct benefit to the Town of Vail and its residents. Those projects would likely be significantly reduced in scope and possibly eliminated, if not funded in full by the Town of Vail. WQMAP and the cleanups would require adjustment to the geographical area covered by each, but they would continue. Should the Council decide not to support this program at all, will it still occur? Yes SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 532393 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 8000 285 Please list your confirmed sponsors or partners We rely on substantial funding from state, organization and foundation grants, as well as community support in the form of donations. We are grateful to financial and in-kind support from Eagle County, Colorado Water Conservation Board, Exploremos (previously Eagle Valley Outdoor Movement), US Forest Service, BLM, Eagle River Water & Sanitation District, Upper Eagle Regional Water Authority, Vail Resorts EpicPromise, Homestake Partners (Aurora and Colorado Springs), Battle Mountain, the Towns of Gypsum, Eagle, Avon, Vail and Minturn, Colorado River Water Conservation District, the Edwards Metro District, as well as approximately 30 local businesses, the Slifer Smith & Frampton Foundation, Vail Board of Realtors Foundation, Colorado Department of Transportation, Lotic Hydrological and many other collaborative entities. Please explain the potential for additional sponsorships or partners. The Eagle River Coalition regularly looks for funding opportunities through foundation, corporate and government grants. We also encourage relationship-building in the community and with businesses through our sponsorship program and donor engagement events to leverage additional support for projects, programs and events. ADDITIONAL INFORMATION Are there any other things you'd like to share with Council and staff that are not included in the application? The Eagle River Coalition has experienced shifts in its staffing and is now operating under the direction of Executive Director Vicki Flynn. We welcome inquiries regarding anticipated program budgets for 2026, which are currently in development. Should more details be desired during the review process for this request, please do not hesitate to reach out to Vicki at flynn@eagleriverco.org. Organization rosters naming all officers, board of directors and respective positions as relevant. https://www.formstack.com/admin/download/file/18190162915 If you received Council funding in 2025, please upload a document recapping the use of prior year Council funds. https://www.formstack.com/admin/download/file/18190162916 Upload any other relevent materials such as photos, videos, articles, PR coverage, ect. https://www.formstack.com/admin/download/file/18190162917 286 Form Name: 2026 Council Contribution Request- Services Submission Time: June 30, 2025 10:42 am Browser: Chrome 137.0.0.0 / Windows IP Address: 24.8.183.219 Unique ID: 1357971498 Location: 39.6553, -106.8286 Town of Vail 2026 Annual Council Contribution Request- Services Organization Name High Five Access Media Contact Name JK Perry Title of Contact Executive Director Contact Email jk@highfivemedia.org Program and/or organization website highfivemedia.org Number of years organization has been in business 40 Organization Mission Statement Our mission is to empower the local community, through media education and technology, to become civically engaged, express ideas, and advocate for causes. Address PO Box 5600 281 Metcalf Road Unit 203 Avon, CO 81620 Work Phone (970) 949-5657 Organization's Tax Status 501c3 Please attached a copy of your organization's W9 https://www.formstack.com/admin/download/file/18189454199 Funding Request What is the name of your program? Community Access Media Center Is this a new program?No How many years has this program been produced in Vail? 40 Type of Funding Requested Cash Funding Only Cash Contribution Requested 152000 287 Please describe the timeframe of your program (i.e. year round, seasonal, or specific event dates). If applicable please list the relevant dates. Year round Did you received funding from the Town of Vail for 2025? Yes How much funding did you receive from the Town of Vail for 2025? (Please include total funding you received from the CSE and Town Council)? 153000 Please describe the location(s) of the program in previous years. Eagle County Please describe the exact use(s) of the contribution. Please be as specific as possible. (i.e. the items/materials to be purchased for your program, charitable support or activities funded, etc) Funds are used to support a range of operations and programs that ensure equitable access to media tools and training. Specifically, funding allows us to offer free and low-cost workshops in video production, editing, broadcasting and related topics to residents of all ages. It helps maintain our state-of-the-art library of equipment, which is available for community use. Funds also support the production and distribution of local government meetings, nonprofit features, youth programming, and cultural events, fostering civic engagement and local storytelling. Additionally, grant support enables us to employ skilled staff who mentor producers, manage facilities, and develop innovative educational content. Overall, grants are essential in making High Five Access Media a vibrant hub for free expression, media literacy, and community connection. PROGRAM INFORMATION How does your request support the Contribution Policy (See above)? We are a nonprofit, noncommercial community access media center located in Avon, Colorado. We serve Eagle County by providing video production education, access to professional equipment, and distribution of programming on local cable television on Comcast Channel 5, and across internet and social media platforms. In addition, we provide coverage of government proceedings, nonprofits, and community events. 288 How will your program support the mission & vision of the Vail Town Council? It is our belief that community access media helps to build an informed and civically engaged community, creating a ripple effect across ages, genders, race, political views, economic status and professions. From students who learn skills that develop into a passion or even a career, to community members who tune into government meetings from the comfort of their home and still be informed of local affairs, the diversity and breadth of our programs allows for High Five Access Media to engage with the entire Vail Valley. How will your program attract target markets of both visitors and community members? High Five Access Media serves residents and guests with coverage of Town of Vail government meetings, and residents, students and nonprofits with access to media training, equipment, and cable access. Indirectly, this allows nonprofits that serve a larger market to leverage their message among residents and guests. How will your program deliver fresh content (new programming, additional days/activities, ect.)? In 2025, we'll be celebrating 40 years since our organization was incorporated as a nonprofit in 1985. We'll be holding events to celebrate those who've been instrumental in our success, producing videos to commemorate, and increasing our presence in the community. We're redesigning and updating our podcast studio with new equipment, we've updated our website, and we're also considering an expanded youth program across public high schools in the valley. How will your program achieve recognition and drive participation? We're continually working to increase our impact in the community. We're doing this through improved social media sharing, presence at community events, advertising, as well as working in schools to share our mission with students and teachers. 289 What is the lasting community involvement and or benefit of this program? As our history shows, High Five Access Media is a nimble organization that can stay at the forefront of community needs and technological development. We know that regardless of how technology changes, our community needs a reliable source of information and a timely and cost-effective platform to produce media. We will continue to stay steadfastly committed to our mission with a vision for the future of expanding our programs specific to media education and production. It is essential that funding remains available to communities for the further education of youth and availability of low-cost access to programs that educate and inform the local population. In the face of these challenges, High Five hopes to show its value to the community and garner support and funding. In this way, High Five will be sustainable and available to Valley residents, students, and nonprofits well into the future. BUDGET Are your books audited?Yes Please upload program/organization budget https://www.formstack.com/admin/download/file/18189454217 Who currently funds your organization? The towns of Vail and Avon provide the bulk of our funding in the form of franchise fees. We also earn revenue through production services (at a significant discount to nonprofits and governments, compared to a commercial production outfit). In response to national trends of cable subscribers "cutting the cord," which will result in lower franchise fees, we escalated our fundraising efforts in 2024 with the help of an infrastructure grant. This, along with support from our communities, will help ensure High Five can continue to provide this valuable resource. What percentage % of the total event budget is being requested? 33 If the program is not funded at the full request, how will it change with a lower funding allocation? Our ability to provide this valuable resource for the community will be severely impacted. 290 Should the Council decide not to support this program at all, will it still occur? Yes SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 306000 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 10000 Please list your confirmed sponsors or partners Franchise fees from the Town of Avon. Earned revenue from seven governmental entities in the valley, and around a dozen nonprofits. We've also secured grants and sponsors for several of our programs, including high school sports coverage (and its educational component), our educational workshops, and more. Please explain the potential for additional sponsorships or partners. We're currently asking the community to support our programs through grants, sponsorship and individual donations. ADDITIONAL INFORMATION Are there any other things you'd like to share with Council and staff that are not included in the application? Thank you for your continued support! We're celebrating 40 years of serving the valley this year, and we hope you'll join us. Organization rosters naming all officers, board of directors and respective positions as relevant. https://www.formstack.com/admin/download/file/18189454227 If you received Council funding in 2025, please upload a document recapping the use of prior year Council funds. https://www.formstack.com/admin/download/file/18189454228 Upload any other relevent materials such as photos, videos, articles, PR coverage, ect. https://www.formstack.com/admin/download/file/18189454229 291 Form Name: 2026 Council Contribution Request- Services Submission Time: June 27, 2025 7:57 am Browser: Chrome 137.0.0.0 / OS X IP Address: 24.8.183.190 Unique ID: 1357269064 Location: 39.6553, -106.8286 Town of Vail 2026 Annual Council Contribution Request- Services Organization Name Vail Valley Mountain Trails Alliance Contact Name Ernest Saeger Title of Contact Executive Director Contact Email ernest@vvmta.org Program and/or organization website vvmta.org Number of years organization has been in business 13 Organization Mission Statement The Vail Valley Mountain Trails Alliance maintains, creates, and advocates for sustainable trail systems that connect people to nature, promote environmental stewardship, and strengthen community well-being. Address PO Box 3986 Avon, CO 81620 Work Phone 19702791055 Organization's Tax Status 501c3 Please attached a copy of your organization's W9 https://www.formstack.com/admin/download/file/18180136745 Funding Request What is the name of your program? VVMTA Stewardship Programs Is this a new program?No How many years has this program been produced in Vail? 10 Type of Funding Requested Cash & In-Kind Cash Contribution Requested 52500 In-Kind Contribution Requested 4500 292 Please describe the timeframe of your program (i.e. year round, seasonal, or specific event dates). If applicable please list the relevant dates. Programs operate from April 15-October 15 Did you received funding from the Town of Vail for 2025? Yes How much funding did you receive from the Town of Vail for 2025? (Please include total funding you received from the CSE and Town Council)? 22500 Please describe the location(s) of the program in previous years. The Adopt A Trail program includes twelve (12) trails adopted by sixteen (16) teams that are connected to the Town of Vail. These include East Vail trailheads (Pitkin, Gore, Deluge, Booth, etc), North Trail, Son of Middle Creek, Lost Lake, Two Elk, Buffehr, and more. These volunteers and program contributed over $20,000 in value in 2024. The Trail Ambassador program includes volunteers and two (2) seasonal-full time staff members performing seasonal wildlife closure and leave no trace principles at trails and trailheads such as North Trail, Son of Middle Creek, Booth Lake, Gore Creek, Deluge Lake, Bighorn and more. This program contributed over $41,000 in operations and value in 2024. The Trail Conservation Crew in 2024 provided over $30,000 of on the ground, trail maintenance and stewardship projects in/around the Town of Vail. They cleared over 150 downed trees on these trails as well to ensure visitors and locals have a high quality trail experience. 293 Please describe the exact use(s) of the contribution. Please be as specific as possible. (i.e. the items/materials to be purchased for your program, charitable support or activities funded, etc) We are requesting $22,500 again in 2026 to support our Adopt A Trail, Trail Ambassador, and Trail Conservation Crew programs. This supports operations, staff wages, tools & equipment, and seasonal crew wages. We are requesting an additional $30,000 to support our new Stewardship Crew in 2026. This Stewardship Crew will essentially ensure there are boots on the ground performing Front Country Ranger tasks. These include trailhead management and cleanup, toilet cleanup and maintenance, dispersed camping management, fire restriction education and enforcement, and other public lands management. With Forest Service budgets and staff being reduced, and likely even more so in 2026, this crew will ensure there is a crew on the ground performing these tasks. Funding would support crew wages and operations. The in-kind request includes one (1) event at Donovan Pavilion for education, engagement, and volunteer recruitment. Also, we are requesting 250 parking vouchers for our volunteers who support Vail Oktoberfest. PROGRAM INFORMATION How does your request support the Contribution Policy (See above)? VVMTA's programs directly contribute to the Town of Vail's mission and each of the four main strategies in the Council Action Plan: Community, Economy, Experience, and Sustainability. Our Adopt A Trail (AAT) and Trail Ambassador (TA) programs include volunteers from businesses and residents of the Town of Vail, provide economic vitality through outdoor recreation tourism, enhance the experience of trail users, and maintain, educate, and advocate for sustainable trails and conservation. Our Trail Conservation Crew (TCC) employs residents of Vail (3 in 2025). The TCC and Stewardship Crew will collaborate with local land managers and partner organizations to perform and execute recreation and conservation projects. Their focus will be trail maintenance, protecting seasonal wildlife closures, closing illegal/social trails, designating campsites and closing illegal campsites, communicating fire restrictions, educating trail users at trailheads, removing garbage, and overall mitigating the impact increased recreation is having on trails and our public lands. 294 How will your program support the mission & vision of the Vail Town Council? Community: Recruit, train, and educate volunteers of both residents and business within the Vail community. Economy: Promote Vail's world class trails to attract visitors and locals to Vail where they will inevitably shop, eat, drink, and/or stay. Experience: Maintain trails and support our wildlife population to create a world class trail use experience through outdoor recreation while ensuring that wildlife and the natural environment are conserved. Sustainability: Create hundreds of trail and outdoor recreation stewards to actively conserve our natural environment. How will your program attract target markets of both visitors and community members? Community members are our volunteers and volunteers are our backbone. They are the boots on the ground executing trail maintenance and trail educational programs. These efforts are a direct benefit to the visitors who come to Vail to enjoy trails and the natural environment. How will your program deliver fresh content (new programming, additional days/activities, ect.)? Both the AAT and TA programs continue to grow year over year. With the growth of visitors, population, and trail users continuing it is ever more important to manage trails and wildlife in Vail. Due to this there will continue to be new and rewarding volunteer opportunities for both of these programs. The TCC directly addresses the growing impacts by being the professionally trained boots on the ground on a daily basis as well as training volunteers. In 2025, we hope to grow our Trail Ambassador program to include four (4) seasonal full-time staff people. These staff persons were spending 40 hours per week at seasonal wildlife closures in May and June, educating users on why they exist. From the end of June until October, these two staff persons will spend 40 hours per week at open and busy trailheads including East Vail trails, Upper Piney, North Trail, and others providing education on how to recreate responsibly. The new Stewardship Crew will ensure that trailheads are maintained, toilets are cleaned, parking lots are maintained, unattended campfires are put out, and in general public lands and amenities are in quality shape. 295 How will your program achieve recognition and drive participation? We include opportunities for the public to volunteer and participate in any and all of our program activities. We recognize volunteers and partners constantly through incentives, our communications through newsletters, newspaper articles, social media, events, and more. What is the lasting community involvement and or benefit of this program? A sustainable, healthy, and high quality recreation experience on public lands surrounding Vail for locals and visitors to enjoy now and into the future. BUDGET Are your books audited?No Please upload program/organization budget https://www.formstack.com/admin/download/file/18180136765 Who currently funds your organization? Local municipalities, private donors, memberships, grant funding, and events. What percentage % of the total event budget is being requested? 12 If the program is not funded at the full request, how will it change with a lower funding allocation? We are committed to serving our entire community and would do our best not to constrain these programs in the Town of Vail. However, we may have to scale back our programs which limits our lasting impacts, if funding is reduced. Should the Council decide not to support this program at all, will it still occur? Yes SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 425000 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 7500 296 Please list your confirmed sponsors or partners National Forest Foundation GOCO Town of Avon Eagle County Town of Minturn Vail Rec District Berry Creek Metro District Singletree Property Owners Association Forest Service Eagle-Holy Cross Ranger District Slifer Smith Frampton Foundation Town of Eagle Bureau of Land Management Mountain Recreation Holy Cross Energy American Gypsum Alpine Kind Sunrise Minturn Vail Valley Surgery Center Summit Investors Steadman Clinic RPM Adversitings MTech Mechanical FirstBank ANB Bank Vail Cabinets Berglund Architects Pedal Power Vail Board of Realtors Venture Sports High Gear Cyclery East West Partners Shop & Hop Kind Bikes & Skis Ski Town All-Stars Vail Health Alpine Engineering Yeti's Grind Partners Environmental Please explain the potential for additional sponsorships or partners. We are always looking for additional partners through private donations, our business partnership program, and our 1% for Trails program. We believe the more impactful projects we can execute on the ground, the more the potential for partnerships to increase. ADDITIONAL INFORMATION 297 Are there any other things you'd like to share with Council and staff that are not included in the application? We'd love to discuss our request for $30,000 to support our new Stewardship Crew. The reductions in staffing, budget, and resources of the Forest Service is very likely to continue and even be worse in 2026. The Stewardship Crew will ensure there are boots on the ground if the Front Country Ranger program is impacted in 2026. Additionally, we believe we can operate the Stewardship Crew in partnership with the Forest Service and operate it more sustainably, effectively, and even more impactful due to our ability to be flexible, recruit staff, and secure diverse funding sources. Organization rosters naming all officers, board of directors and respective positions as relevant. https://www.formstack.com/admin/download/file/18180136775 If you received Council funding in 2025, please upload a document recapping the use of prior year Council funds. https://www.formstack.com/admin/download/file/18180136776 298 Vail Valley Mountain Trails Alliance PO Box 3986 Avon, CO 81620 www.vvmta.org Total Estimated Cost: The total estimated cost for the Stewardship Crew’s operations in 2026 is $250,000. Funding Sources: Funding for the Stewardship Crew will come from a combination of municipal and partner contributions. VVMTA is requesting support from the Towns of Vail, Avon, Eagle, Minturn, and Gypsum, as well as Eagle County. In addition, VVMTA has received a two-year $300,000 grant from Great Outdoors Colorado (GOCO). We are allocating 50% of that grant, or $150,000, toward the Stewardship Crew for the 2026 season. Additional support will come from grants, private donations, and partner organizations to ensure the program’s success and sustainability. Funding Breakdown: ● Crew staffing wages: $25,000 ● Operations: $5,000 (tools, equipment, transportation, and supplies) Program Overview: The Stewardship Crew will serve as the essential boots on the ground performing Front Country Ranger tasks, including: ● Trailhead management and cleanup ● Restroom management and maintenance ● Dispersed camping management ● Fire restriction education and enforcement ● General public lands management This crew will support the U.S. Forest Service Front Country Ranger program and will also be prepared to fill the role of that program if it is unable to operate next year due to circumstances beyond local control and decisions made at the federal level. We have to secure the necessary funding now to hire and implement this crew for 2026. We cannot just hire this crew when/if federal decisions are made that negates the ability for the U.S. Forest Service Front Country Ranger program to exist in 2026 or not. Estimated Work Duration: ● Seasonal timeframe: May 1 to October 1 299 Vail Valley Mountain Trails Alliance PO Box 3986 Avon, CO 81620 www.vvmta.org ● Total work hours: Approximately 4,000 crew hours annually ● Work in and around the Town of Vail: Estimated 30–50% of total crew hours (1,200–2,000 hours) will focus on trails, trailheads, and recreation sites in and around the Town of Vail. 300 Form Name: 2026 Council Contribution Request- Services Submission Time: June 26, 2025 3:47 pm Browser: Chrome 137.0.0.0 / Windows IP Address: 66.198.207.66 Unique ID: 1357110835 Location: 40.0638, -106.392 Town of Vail 2026 Annual Council Contribution Request- Services Organization Name TreeTop Child Advocacy Center Contact Name Amy Oliveira Title of Contact Executive Director Contact Email amy@treetopcenter.org Program and/or organization website https://www.treetopcenter.org/ Number of years organization has been in business 7 Organization Mission Statement Our mission is to support child victims of abuse and their families through intervention, advocacy, and support services. Address 130 Ski Hill Road Suite 200 Breckenridge, CO 80424 Work Phone (970) 409-2111 Organization's Tax Status Tax Exempt Please attached a copy of your organization's W9 https://www.formstack.com/admin/download/file/18177933158 Funding Request What is the name of your program? Mobile Forensic Interviewing Is this a new program?Yes Type of Funding Requested Cash Funding Only Cash Contribution Requested 10000 Please describe the timeframe of your program (i.e. year round, seasonal, or specific event dates). If applicable please list the relevant dates. This is an ongoing program that will be provided to families and individuals year-round. 301 Did you received funding from the Town of Vail for 2025? No Please describe the location(s) of the program in previous years. This program is new as of 2025, and will serve Eagle County. Please describe the exact use(s) of the contribution. Please be as specific as possible. (i.e. the items/materials to be purchased for your program, charitable support or activities funded, etc) A $10,000 gift to support TreeTop Child Advocacy Center's Mobile Unit would make a powerful impact by helping to bring trauma-informed care directly to children and families in rural areas of Eagle County-removing transportation barriers that often prevent access to critical services. This funding would help cover staffing costs for a specialized team, including a forensic interviewer, child and family advocate, and mental health professional, who provide child-led assessments in a safe, mobile environment. It would also support essential equipment and supplies for the unit, such as secure recording devices, comfort items like toys and books, and connectivity tools to ensure high-quality care and documentation. Additionally, funds would help ensure families receive coordinated follow-up services, including referrals to therapists, medical providers, and law enforcement partners. In short, a $10,000 donation helps bring TreeTop's child-first, community-based response model directly to vulnerable children-offering healing, justice, and hope wherever it's needed most. PROGRAM INFORMATION 302 How does your request support the Contribution Policy (See above)? TreeTop Child Advocacy Center's Mobile Unit directly supports the Town of Vail's mission to be a premier international mountain resort community by ensuring that children and families in the Vail area have equitable access to critical, trauma-informed services-regardless of their ability to travel. By providing forensic interviews, advocacy, and mental health services through our mobile response unit, TreeTop helps protect the well-being of children, supports families in crisis, and strengthens the overall health and safety of the community. This contribution will enhance the long-term resilience of Vail by investing in the physical, emotional, and social health of its youngest and most vulnerable residents, which ultimately contributes to a vibrant, diverse, and safe community for both citizens and visitors. How will your program support the mission & vision of the Vail Town Council? TreeTop Child Advocacy Center's Mobile Unit supports the Vail Town Council's mission and vision by promoting a safe, healthy, and inclusive community for all residents-especially children. By delivering critical, trauma-informed services directly to children and families impacted by abuse, the Mobile Unit removes barriers to care in remote and underserved areas, ensuring that every child has access to justice, healing, and support. This investment in community well-being reinforces Vail's commitment to providing exceptional services and fostering a resilient, family-friendly environment. In doing so, TreeTop helps protect the community's most vulnerable members, contributing to the long-term vibrancy, diversity, and sustainability of Vail as a premier international mountain resort. How will your program attract target markets of both visitors and community members? While TreeTop Child Advocacy Center's Mobile Unit primarily serves local children and families, its presence strengthens the broader appeal of Vail as a safe, family-centered destination. By prioritizing child protection and community wellness, TreeTop supports the kind of infrastructure that both residents and visitors value-one where families feel supported, services are accessible, and public safety is taken seriously. For community members, the Mobile Unit provides vital, local access to care and resources. For visitors, knowing that Vail invests in comprehensive, child-focused services reinforces the Town's reputation as a responsible, compassionate, and family-friendly resort community. 303 How will your program deliver fresh content (new programming, additional days/activities, ect.)? TreeTop's Mobile Unit is a new and innovative expansion of our core services, designed to meet the growing need for on-site, trauma-informed care in remote areas. In the coming year, we plan to increase outreach days in Eagle other counties we serve, and introduce enhanced services such as bilingual support, caregiver education sessions, and follow-up mental health care coordination-all delivered directly through the mobile unit. These additions represent a proactive and evolving approach to child advocacy, ensuring our programming remains responsive, relevant, and accessible to families across the region. How will your program achieve recognition and drive participation? TreeTop's Mobile Unit will achieve recognition and drive participation through strategic community partnerships, outreach, and visibility at local events and public service networks. We work closely with law enforcement, schools, hospitals, and social services to ensure families are referred to us promptly when concerns arise. Additionally, we'll promote the Mobile Unit through targeted communication efforts, including bilingual materials, regional media coverage, and community-based awareness campaigns. By building trust with families and professionals and consistently delivering compassionate, high-quality care, TreeTop strengthens its reputation as a reliable resource-encouraging participation and expanding our reach across Vail and surrounding areas. What is the lasting community involvement and or benefit of this program? The lasting benefit of TreeTop's Mobile Unit lies in its ability to create a safer, healthier community by ensuring that vulnerable children and families receive timely, trauma-informed care close to home. This program fosters ongoing community involvement by partnering with local agencies, schools, law enforcement, and healthcare providers to build a coordinated network of support. Over time, these collaborations strengthen community trust and resilience. By addressing child abuse early and effectively, the Mobile Unit helps break cycles of trauma, promotes healing, and contributes to the long-term well-being of Vail's families-making the community safer and more supportive for generations to come. BUDGET Are your books audited?Yes Please upload program/organization budget https://www.formstack.com/admin/download/file/18177933174 304 Who currently funds your organization? TreeTop Child Advocacy Center primarily relies on federal funding from the Victims of Crime Act (VOCA) Crime Victims Fund, which constitutes a significant portion of its budget. However, due to a projected reduction in this federal funding, the center is facing a substantial shortfall in the coming years. In addition to federal support, TreeTop receives contributions from various local government entities. The center is actively working to diversify its funding sources by engaging with additional local governments, businesses, and individual donors. Efforts include grant applications, fundraising campaigns, and building partnerships with community organizations to ensure financial stability and continue providing essential services to child abuse victims in the region. What percentage % of the total event budget is being requested? 25 If the program is not funded at the full request, how will it change with a lower funding allocation? If the program is not funded at the full request amount, we will prioritize the most critical services to continue providing trauma-informed care through the Mobile Unit. This may mean reducing the number of outreach days, limiting additional support services such as bilingual assistance or follow-up care coordination, and scaling back investments in equipment or staffing. While these adjustments would impact the program's reach and capacity, TreeTop remains committed to delivering essential services to vulnerable children and families and will seek alternative funding sources to minimize any gaps in care. Should the Council decide not to support this program at all, will it still occur? Yes SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 0 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 0 305 Please list your confirmed sponsors or partners Not applicable at this time. TreeTop is currently seeking other funding opportunities to help offset the cost of this program. Please explain the potential for additional sponsorships or partners. We will explore funding opportunities to expand this service in other communities served by TreeTop Child Advocacy Center. ADDITIONAL INFORMATION Are there any other things you'd like to share with Council and staff that are not included in the application? N/A Organization rosters naming all officers, board of directors and respective positions as relevant. https://www.formstack.com/admin/download/file/18177933184 306 Form Name: 2026 Council Contribution Request- Services Submission Time: June 30, 2025 12:13 pm Browser: Safari 17.6 / OS X IP Address: 50.218.25.226 Unique ID: 1358009983 Location: 40.7037, -111.8094 Town of Vail 2026 Annual Council Contribution Request- Services Organization Name Eagle Valley Community Foundation Contact Name Hillary Scanlan Title of Contact Development Officer Contact Email hillary@eaglevalleycf.org Program and/or organization website https://eaglevalleycf.org/ Number of years organization has been in business 10 Organization Mission Statement Eagle Valley Community Foundation (EVCF) exists to strengthen the Eagle River Valley by connecting neighbors, resources, and opportunities-place by place, person by person. Our mission is to ignite collaborative solutions that meet basic needs, foster belonging, and build economic power for those who live and work in our mountain towns. Founded in 2015, EVCF is a locally rooted, entrepreneurial 501(c)(3) that operates responsive, culturally connected programs like The Community Market, MIRA, and Elevar. As a nontraditional community foundation, we work directly in neighborhoods across Eagle County-including Vail-to deliver services, deepen partnerships, and co-create a more equitable future for all. Address P.O. Box 1580 Vail, CO 81658 Work Phone (404) 285-4456 Organization's Tax Status 501(c)(3) Please attached a copy of your organization's W9 https://www.formstack.com/admin/download/file/18190003026 Funding Request What is the name of your program? The Community Market: Fueling Vail's Community Is this a new program?No 307 How many years has this program been produced in Vail? 7 Type of Funding Requested Cash Funding Only Cash Contribution Requested 50000 Please describe the timeframe of your program (i.e. year round, seasonal, or specific event dates). If applicable please list the relevant dates. We are seeking funding to sustain year-round operations at The Community Market, enhancing our ability to purchase food and expand services for the Vail Valley community. Funding will directly support The Community Market from March 1, 2026 to March 1, 2027. Did you received funding from the Town of Vail for 2025? Yes How much funding did you receive from the Town of Vail for 2025? (Please include total funding you received from the CSE and Town Council)? 50000 308 Please describe the location(s) of the program in previous years. EVCF delivers services to the most vulnerable community members across Eagle County, CO, from resort towns like Vail and Beaver Creek to rural areas like Dotsero and El Jebel-where access is limited by geography, cost, and workforce shortages. Over 30% of the population is Latinx, and many families lack insurance and transportation. Providing essential services, mobile markets and community programming throughout Eagle County, EVCF is making a substantial difference throughout our Valley. Funding received in previous years went directly back into Eagle County: 2024: The funding ($50,000) received in 2024 supported food purchasing for The Community Market at both the Gypsum and Edwards locations, allowing us to expand our services and provide free, healthy food to more of our low-income residents. Additionally, support empowered our sustainability efforts, fostering our RECover program, which diverts surplus food from the landfill to the shelves at The Community Market. 2022: The funding ($10,000) received in 2022 supported The Community Market's Mobile Markets, specifically the Vail Mobile Market offered to employees who work and/or live within the town of Vail. 2020: The funding ($65,000), part of the Town of Vail Community Relief Fund, received in 2020 supported the work Eagle Valley Community Foundation was doing across Eagle County to support community members impacted by COVID-19. 309 Please describe the exact use(s) of the contribution. Please be as specific as possible. (i.e. the items/materials to be purchased for your program, charitable support or activities funded, etc) As food prices continue to rise, so does the demand at The Community Market (TCM). In 2025, we have already seen a 15% increase in visits across all distribution sites. Even while purchasing $10,000 worth of food each week, we struggle to keep shelves stocked and meet the growing need. Funding from the Town of Vail would directly support our ability to provide free, healthy, and culturally relevant food to Vail residents and employees through our storefront in Edwards and Gypsum, Mobile Markets, and pop-up pantries at worksites and neighborhoods in and around Vail. Approximately 95% of the requested funds will be used to purchase fresh, nutrient-dense food-including produce, dairy, and proteins-with a priority on sourcing from local and regional farmers to ensure both freshness and sustainability. The remaining 5% will support critical logistics, such as transportation, cold storage, and targeted outreach to reach those who live or work in Vail but may be underserved by traditional food access systems. This grant will allow us to keep pace with rising demand and extend the reach of our food security efforts into Vail-ensuring that workers, families, and individuals have consistent access to nutritious food, delivered with dignity and rooted in community care. PROGRAM INFORMATION How does your request support the Contribution Policy (See above)? Our work at The Community Market (TCM) directly supports the Town of Vail's Contribution Policy by addressing key indicators of community health and wellbeing. In 2024, TCM served over 14,000 individuals each month, distributing more than 1.64 million pounds of nutritious food to residents across the valley. In 2025, that number has risen to 16,000 individuals a month, showing the growing need in our community. By increasing food security for low-income families-many of whom form the backbone of the community-we help close a critical gap in access to healthy food. This work directly aligns with the Town's mission to promote overall health, sustainability, and inclusivity. Funding TCM is an investment in a healthier, more resilient Vail Valley. 310 How will your program support the mission & vision of the Vail Town Council? TCM advances the Town of Vail's mission by providing essential public services, promoting sustainability, and fostering inclusion across Eagle County. By addressing food insecurity, TCM enhances the quality of life for all who live and work in Vail. Exceptional Public Services: TCM plays a vital role in the community by providing free, nutritious food to those facing financial hardship. By ensuring equitable access to healthy food - a cornerstone of well-being - we are providing exceptional public service to our neighbors in need. Promoting Sustainability & Connection: We operate a sustainable model by rescuing and redistributing surplus food from local grocers, farmers, and restaurants. In 2025 alone, we recovered over 600,000 pounds of food, reducing waste and emissions. Beyond food rescue, we recently launched a Community Garden to grow produce, strengthen our food system, and foster connections between people, food, and the land. Creating Opportunities to Thrive: Reliable access to healthy food contributes to overall well-being. Without the vital nourishment offered at TCM, our community could not thrive and enjoy all the wonderful activities Vail offers. Promoting Inclusion & Belonging: TCM works to eliminate stigma around food assistance by creating a welcoming experience for all. Their need-blind model ensures everyone is treated with dignity and respect, regardless of background, creating a more inclusive, resilient, and connected community. 311 How will your program attract target markets of both visitors and community members? The foundation of our town is its workforce - and without a healthy, resilient workforce, that foundation is at risk. By investing in the health and well-being of our residents, we're not just strengthening our community, we're also enhancing its appeal to visitors. At TCM, we support economic development by reducing food insecurity. When families no longer have to choose between paying bills and putting food on the table, they're able to contribute more fully to the local economy. Food security is more than a basic need, it is an economic driver. By helping ensure that residents - particularly those in the service and hospitality sectors - have consistent access to essential resources, TCM plays a key role in supporting the workforce that drives Vail's tourism industry. A well-supported workforce leads to higher-quality service for visitors and a stronger, more cohesive community. As travelers become increasingly eco-conscious, Vail becomes particularly appealing as a destination that values both people and the planet. Partnership with The Community Market further bolsters Vail's reputation as a leader in sustainability, supporting TCM's efforts to reduce food waste and promote environmental stewardship. How will your program deliver fresh content (new programming, additional days/activities, ect.)? We are seeing unprecedented demand at The Community Market, with visits up 15% in 2025, demonstrating the growing need for fresh food in our community. With rising food prices driven by inflation and a shortage of affordable housing options, our community members are stretched thin. Our goal at TCM is to ensure that no one has to choose between paying bills and buying groceries. Unlike other organizations that may focus on stationary food banks, EVCF's innovative mobile approach ensures that fresh, nutritious food reaches those who face transportation barriers and systemic challenges including language, cultural, and socioeconomic barriers. The Community Market's mobile markets meet individuals where they are - figuratively and literally. The weekly Mobile Market at the Hythe continues to see high turnover of food, serving over 2,400 people a year, with that number rising during the winter months due to the influx of seasonal workers, highlighting the demand for free, nutritious food distribution within Vail. Support from the Town of Vail would allow us to increase food purchasing to expand the amount of food we are able to provide at the Vail mobile market each week, as well as potentially expand our mobile market locations within the Town of Vail. 312 How will your program achieve recognition and drive participation? EVCF promotes The Community Market through a trusted, multi-layered outreach strategy that blends digital tools with grassroots connection. We engage over 7,500 followers on social media with real-time updates on EVCF's programs, while also distributing bilingual flyers, running culturally relevant radio ads, and participating in community events. What sets us apart is our team of trusted, bilingual community advocates who help spread awareness, answer questions, and build bridges in the community. Our partnerships with schools, nonprofits, and government agencies further amplify our reach. We further drive participation by creating a welcoming experience for all. Our need-blind model ensures everyone is welcomed with dignity and respect, regardless of income or background. By making people feel safe and welcome, people feel comfortable returning to TCM. TCM supports a more inclusive, resilient, and connected community where everyone is valued. What is the lasting community involvement and or benefit of this program? Investing in TCM is an investment in the wellbeing of our community across multiple sectors - financial, health, social, environmental. For every $1 donated, TCM redistributes $5.60 worth of nutritious food and mobilizes an additional $7 through community support and strategic partnerships. The impact of TCM in the Vail community is far-reaching-promoting health, resilience, and inclusivity. By offering free, healthy food to low-income individuals and families, TCM ensures that all residents, regardless of income, have reliable access to nutritious meals. This leads to better health outcomes, reduces healthcare costs, and boosts overall quality of life for our residents. TCM is equally committed to environmental sustainability. Through strong partnerships with local businesses, TCM reduces food waste and supports the local economy. In the past year alone, TCM has recovered over 600,000 pounds of food from local grocery stores and businesses. By building a more sustainable food system that leverages local partnerships, local harvests, and local funding sources, we are keeping valuable resources within the community while reducing food waste and greenhouse gas emissions, ultimately protecting Vail's natural habitat. These efforts reflect Vail's core values and strengthen its identity as an environmentally and socially responsible community - making it an even more attractive place to live, work, and visit. 313 BUDGET Are your books audited?Yes Please upload program/organization budget https://www.formstack.com/admin/download/file/18190003044 Who currently funds your organization? EVCF receives funding from diverse sources including grants from private foundations and local municipalities, businesses, board members, individuals, and community-based grassroots donors. This diverse range of funding ensures we are not overly reliant on any one source of revenue, and we can adapt should funding fall through. We operate a lean and balanced budget to support the needs of the community and rely 100% on funding from our supporters and funders each year to fulfill our mission. 100% of the board contributes to the organization with the goal to cover the majority of administrative expenses, allowing each dollar raised to support direct programming. Some of the current supporters to TCM include but are not limited to: Town of Eagle, Town of Avon, Eagle County, Vail Resorts, the Frechette Family Foundation, the Helle Family Foundation, the Rushmores, the Slifers, the Fergusons, the Malehorns, the Rossettis, Hunger Free Colorado, Colorado Health Foundation, Vail Health, Alpine Bank, and more. Your consideration of this grant proposal is very meaningful to TCM and will make a difference for thousands of families this year who are impacted by food insecurity. What percentage % of the total event budget is being requested? 1 If the program is not funded at the full request, how will it change with a lower funding allocation? EVCF is entirely funded through charitable contributions, with no dedicated municipal funding. This limits our ability to bring mobile markets and essential resources to every local town and neighborhood. With reduced financial support from the Town of Vail, there is a risk of having to reduce programming and resource delivery within the Town. As new partnerships with local Vail businesses continue to grow, EVCF is leveraging increased in-kind support through food donations and will also seek financial contributions from these partners. Support from the Town of Vail would further aid our local outreach efforts and strengthen our ability to serve residents by increasing our purchasing power and expanding our services offered. 314 Should the Council decide not to support this program at all, will it still occur? Yes SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 94000 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 1800000 Please list your confirmed sponsors or partners Recovery Partners: We leverage an extensive list of 39 local partners who support our REcover program by donating surplus food from their kitchens that will otherwise go to waste at local Vail restaurants. In 2024, we recovered over 600,000 pounds of food from these businesses, redirecting them from the landfill to the shelves of The Community Market. LaVenture Farms: LaVenture Farms has donated their land to The Community Market's new Community Gardens. By launching our own garden, we empower ourselves to 'shop local' by growing fresh produce for direct distribution at The Community Market-helping to combat food insecurity, promote sustainability, and support economic stability in our region. Food Bank of the Rockies: This organization remains a key partner for securing shelf stable food, dairy and breads for TCM. Food Bank of the Rockies has significant purchasing and bargaining power as they work with major food providers and distributors throughout the Rocky Mountain region. MIRA Program: A sister program of TCM, MIRA is a critical partner in these efforts. MIRA partners with TCM to provide baseline data on diet-related conditions and provides health education events around nutrition, food resources, and healthy cooking. 315 Please explain the potential for additional sponsorships or partners. As a philanthropic foundation, Eagle Valley Community Foundation (EVCF) and The Community Market (TCM) continually seek partnerships and funding to meet operational needs and serve the community with dignity and efficiency. In 2025, we've prioritized expanding local food rescue partnerships with restaurants, farms, and food businesses to reduce waste and redirect surplus food to neighbors in need. Through these efforts, we launched a coordinated food rescue program with Vail Village restaurants-collecting unused, unprepared food and safely transporting it to TCM. This reduces landfill waste while increasing the variety and quantity of food available to families valley-wide. Support from the Town of Vail helps us grow this model. With additional funding, we can expand collection days, involve more restaurants and hotels, and invest in the systems and training that ensure safe, sustainable food rescue. We also offer support to Vail-area businesses through: -Food safety and donation training for staff -Collaborative events or campaigns -Recognition and co-branded sustainability efforts Town of Vail support validates and amplifies this work-encouraging participation, attracting new funding, and positioning Vail as a leader in sustainability and food equity. ADDITIONAL INFORMATION Are there any other things you'd like to share with Council and staff that are not included in the application? Our work at The Community Market aligns well with the Town of Vail's mission to promote health, sustainability, and inclusivity in our community. An investment in TCM is an investment in a healthier, more resilient Vail Valley, which ultimately makes Vail a more appealing place to live and visit. We appreciate your consideration of this grant request. Organization rosters naming all officers, board of directors and respective positions as relevant. https://www.formstack.com/admin/download/file/18190003054 316 If you received Council funding in 2025, please upload a document recapping the use of prior year Council funds. https://www.formstack.com/admin/download/file/18190003055 Upload any other relevent materials such as photos, videos, articles, PR coverage, ect. https://www.formstack.com/admin/download/file/18190003056 317 Form Name: 2026 Council Contribution Request- Services Submission Time: June 29, 2025 7:58 pm Browser: Chrome 137.0.0.0 / Windows IP Address: 24.8.183.129 Unique ID: 1357798682 Location: 39.6553, -106.8286 Town of Vail 2026 Annual Council Contribution Request- Services Organization Name Castle Lodge #122, Ancient Free and Accepted Mason Contact Name Luke Causey Title of Contact Secretary Contact Email luke09@gmail.com Program and/or organization website https://co.moriapp.com/connect/connect_groups/e040 Number of years organization has been in business 76 Organization Mission Statement Castle Lodge #122 continuously serves the two main purposes of Free Mason's in the world; To make good men better, and to serve the community through charity. Address 130 E Third St. Eagle, CO 81631 Work Phone (225) 931-2664 Organization's Tax Status 501(c)3 Please attached a copy of your organization's W9 https://www.formstack.com/admin/download/file/18186929446 Funding Request What is the name of your program? Jon Asper Memorial Toy Store Is this a new program?No How many years has this program been produced in Vail? 20 Type of Funding Requested Cash Funding Only Cash Contribution Requested 2000 318 Please describe the timeframe of your program (i.e. year round, seasonal, or specific event dates). If applicable please list the relevant dates. Seasonal. This occurs the week before Christmas, annually. Typically December 22-24. Did you received funding from the Town of Vail for 2025? Yes How much funding did you receive from the Town of Vail for 2025? (Please include total funding you received from the CSE and Town Council)? 2000 Please describe the location(s) of the program in previous years. The Toy Store is located at the Castle Masonic Lodge, Eagle, CO. It serves the entire population of Eagle County. Please describe the exact use(s) of the contribution. Please be as specific as possible. (i.e. the items/materials to be purchased for your program, charitable support or activities funded, etc) The funds will be used to purchase toys in new condition, through several retail partners such as Target and WalMart. The purchased toys will be acquired as 'tax exempt'. These toys are provided at no charge to parents of kids, and directly to kids, throughout our county. The majority are provided in-person at the Toy Store, and some are delivered to high density housing locations to be distributed to families by staff members there. PROGRAM INFORMATION 319 How does your request support the Contribution Policy (See above)? Our Toy Store serves every individual in Eagle County equally. We strive to contact and directly invite lesser served members of our community through identification partnerships with school administrations. We strive to make a positive difference on the Christmas experience of children that live below the poverty line, and their families. By serving the Christmas needs of the children, we help to reduce holiday pressure on families during the most stressful time of the year. By gifting kids Christmas presents, we show them directly that they are cared for, important, and valued in our community. We provide toys to all ages from newborn to teenager, to any family in need during the Christmas season. There is no charge, no strings, and we take nothing in return. This is entirely for the benefit of our community! What we do get in return is knowing that the kids in our county are impacted, positively, with love and kindness. Please help us make this amazing impact! And as always, you are certainly invited come visit us during our Toy Store and see for yourselves the amazing impact every toy makes in the life of a child! How will your program support the mission & vision of the Vail Town Council? We support diversity unequivocally. Freemason's believe strongly that all people are created equal, and that this equality is fundamental in the need for support. We strongly advocate that charity, and charitable action, should impact where the need is greatest, independent of where the need is best publicized. Our desire is to locate and serve those individuals, families, and children in our community that might be ostracized for various reasons, including economic status and cultural pressures. How will your program attract target markets of both visitors and community members? Freemason's do not distinguish between residents and visitors. Some families we serve are year-round residents, while others are temporary workers or visiting and short-term living with their families. Our served people reside throughout Eagle County, including employee housing in Vail. They visit our Toy Store from every locale from Vail, westward to Dotsero. 320 How will your program deliver fresh content (new programming, additional days/activities, ect.)? Our event takes a classical approach to the holiday season. We recognize, support, and provide to persons celebrating every holiday season, including traditional Christian, Jewish, and other religious celebrations. While we as Mason's believe strongly in the existence of God, and he as the Great Architect of the Universe, we do not disparage or prejudice against any belief system. We support inclusivity and all persons, regardless of their belief system. All are supported and provided for equally. With this approach, our event is able to reach into the corners of our society and touch families in need that might otherwise go unserved. This allows fresh contact, new connections, and positive relationships on an annual basis. Every year we hold the event, we reach new people. These individuals are provided contact information for the Lodge, and we reach out to them periodically over the year for support and assistance. How will your program achieve recognition and drive participation? We advertise generally by in-person contacts, school administrators, and previous years visitors. Our participation grows annually, and we have consistently reached over 500 individuals in Eagle County during the last two years. Local, state, and national economic conditions impact participation. We have observed a steady increase in need as cost of living, food, housing, and medical care have steadily increased. What is the lasting community involvement and or benefit of this program? Relationships built during this event last all year. As families are met by the Lodge, we assist with everything from birthday's to medical events over the year. Our impacts are individual, and can range from everything from sports equipment needs for kids, to food deliveries, to transportation. BUDGET Are your books audited?Yes Please upload program/organization budget https://www.formstack.com/admin/download/file/18186929472 Who currently funds your organization? Castle Lodge is majority funded by individual membership dues. While we do accept donations and governmental grants, the operating funds are typically generated by the membership. 321 What percentage % of the total event budget is being requested? 25 If the program is not funded at the full request, how will it change with a lower funding allocation? Without adequate funding, holiday gifts to families in need will decrease. We can only provide what we are funded for, so service ability is directly proportional to assets available. Should the Council decide not to support this program at all, will it still occur? Yes SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 1000 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 1000 Please list your confirmed sponsors or partners Town of Eagle (approximately $1,000) Town of Gypsum (approximately $1,000) Please explain the potential for additional sponsorships or partners. Several sponsors directly donate toys for the Toy Store. These sponsors include State Farm (Eagle), Salvation Army (Avon), and Jensen Electric (Gypsum). ADDITIONAL INFORMATION Are there any other things you'd like to share with Council and staff that are not included in the application? The Toy Store is direct impact. We locate, serve, and provide for families directly. They do not need to provide us any personal identifying information if they prefer not to. Additionally, absolutely zero funds are used for administrative purposes. Every single penny goes directly to purchase toys for the community. Castle Lodge members are strictly volunteer. Please know that everything you contribute will directly impact a family in need! Organization rosters naming all officers, board of directors and respective positions as relevant. https://www.formstack.com/admin/download/file/18186929482 322 If you received Council funding in 2025, please upload a document recapping the use of prior year Council funds. https://www.formstack.com/admin/download/file/18186929483 Upload any other relevent materials such as photos, videos, articles, PR coverage, ect. https://www.formstack.com/admin/download/file/18186929484 323 Form Name: 2026 Council Contribution Request- Services Submission Time: June 26, 2025 7:25 pm Browser: Chrome 137.0.0.0 / Windows IP Address: 24.8.196.157 Unique ID: 1357162827 Location: 39.6553, -106.8286 Town of Vail 2026 Annual Council Contribution Request- Services Organization Name Vail Valley Charitable Fund Contact Name Terri Reichert Title of Contact Development Manager Contact Email terri@vvcf.org Program and/or organization website vvcf.org Number of years organization has been in business 29 Organization Mission Statement The Vail Valley Charitable Fund offers financial support to individuals and families residing in the Vail Valley who are facing financial hardship due to a medical crisis or a long-term illness. Since 1996, the Vail Valley Charitable Fund has distributed over $9.7 million to more than 2,200 families in the Vail Valley. All of the money raised stays here locally to help those who need it most.   Our programs include: *Direct Aid Grants assist locals who live and/or work in the Vail Valley with a one-time grant of up to $7,500 to cover medical and living expenses, allowing our applicants to focus on their recovery.  *Eagle County Smiles children's dental program provides low-cost dental services to uninsured children aged 0-18.  *Eagle County Grins adult dental program provides low-cost dental services to uninsured adults aged 19 and above.   *Eagle County Moves physical therapy program provides an opportunity for our applicants to receive physical therapy services while they nurse their bodies back to health.  *The Vail Breast Cancer Group provides care and comfort to those recently diagnosed with breast cancer, a Shine on Bag full of comforts. We are currently developing a program that will offer paid mammograms for uninsured women.  324 Address PO Box 2307 Edwards, CO 81632 Work Phone (970) 331-5810 Organization's Tax Status 501c3 Please attached a copy of your organization's W9 https://www.formstack.com/admin/download/file/18178652800 Funding Request What is the name of your program? Direct Aid,Eagle County Smiles,Eagle County Grins Is this a new program?No How many years has this program been produced in Vail? 29 Type of Funding Requested Cash Funding Only Cash Contribution Requested 10000 Please describe the timeframe of your program (i.e. year round, seasonal, or specific event dates). If applicable please list the relevant dates. Our direct aid, dental, physical therapy and breast cancer programs are offered and administered year-round. Our community events for 2025 are as follows: Summer Solstice Trail Run - June 21, 2025 LG TRI - July 12, 2025 Bowling for Boobs - October 8, 2025 We are also proud to be a part of these events produced by generous organizers: Colorado Grand - September 12, 2025 Vail Concours - September 13, 2025 Did you received funding from the Town of Vail for 2025? Yes How much funding did you receive from the Town of Vail for 2025? (Please include total funding you received from the CSE and Town Council)? 8000 325 Please describe the location(s) of the program in previous years. For 29 years, the VVCF has served the Vail Valley, from East to West, beginning in East Vail and extending through Dotsero, including Minturn and Red Cliff. Our direct aid has helped over 2,200 families with more than $9.7 million in support for basic living expenses while they are experiencing a medical crisis or a long-term illness. In 2010, we established Eagle County Smiles, a dental program dedicated to serving children. In 2021, we introduced an adult dental program called Eagle County Grins, with the assistance of Dr. and Maddy Moses of Elevated Dental. We've also begun a physical therapy program called Eagle County Moves and reabsorbed the Vail Breast Cancer Group. In 2025, we will launch a paid mammogram program for uninsured women. Please describe the exact use(s) of the contribution. Please be as specific as possible. (i.e. the items/materials to be purchased for your program, charitable support or activities funded, etc) If rewarded $10,000, we would divide those resources between these programs: Direct Aid - $5,000 Eagle County Smiles - $2,500 Eagle County Grins - $2,500 We are grateful for any contribution, of any size, and appreciate your support of our programs through the years. PROGRAM INFORMATION 326 How does your request support the Contribution Policy (See above)? Our programs benefit the entire Vail community because many of the people we assist either live or work in the town, contributing to its vibrancy and robust economic profile. Our programs help residents and workers build financial resilience and foster a sense of community, allowing them to focus on their healing. Our dental programs are an investment in the community's future health. Eagle County Smiles serves uninsured children aged 0-18 by pairing them with a local dental provider who treats decay and other dental issues, teaches healthy lifelong habits, and recalls the child every 6 months for preventive care. Eagle County Grins serves adults, providing financial support and connecting them to existing state benefits - this adult program is growing rapidly. Oral health is a precursor to overall health and wellness; this program helps community members address their oral health issues, achieve pain relief and increased resilience, and invest in their future health. The Vail Breast Cancer Group provides care and comforts to women facing a breast cancer diagnosis, and, in an effort to embrace the power of prevention and early detection, we have developed a program that includes help to pay for screening mammograms for uninsured women. We intend to launch that program in mid-July. 327 How will your program support the mission & vision of the Vail Town Council? The VVCF believes in grassroots fundraising because this is how strong communities are built. We take care of one another. Through this grassroots effort, collectively we provide exceptional public services that our neighbors can count on. Our grant recipients frequently tell us that receiving grant funding brings them relief from financial hardship and also the love of the community. Like you, we connect our grant recipients to other resources within this community, making it stronger as we go. This enables us to reach all community members equitably, aligning with the Town of Vail's mission to create a community where all can thrive. "I arrived in Vail in 2014. It was as if I was still in college. I mostly worked in hotels. Every job I had provided health insurance. But I was too distracted to take care of myself.  When my left cheek had swollen, and the pain was becoming unbearable, I called Elevated Dental. But, my job did not provide dental insurance. How was I going to afford this? I already work two jobs, and have a hard time keeping up. The VVCF and ECG came to my rescue with the money I needed to get my mouth into better shape. Without the assistance, I honestly have no idea what shape my mouth would be in now. Receiving this help has been life-changing for me.  I am proud to say I am now three-and-a-half years alcohol-free and working with our youth at Children's Garden of Learning. I will continue to give back to our community." ~ Mary Sugrue, Vail Resident 328 How will your program attract target markets of both visitors and community members? Our programs are available to every community member who has lived or worked in the Vail Valley for at least one year. Our direct aid application is available online in English and Spanish. Our Bilingual Coordinator has strengthened our relationship with Spanish-speaking neighbors, thereby equalizing our ongoing effort to foster heartfelt connections with our community. While our programs don't serve tourists, it is essential to note that they offer community members a chance to rebuild their resilience and return to work serving tourists, an essential aspect of this local economy. We host annual events that target both locals and tourists, helping to create the community vibrancy that tourists have come to appreciate. The Summer Solstice Trail Run and LG TRI are two examples of events that locals and tourists participate in. Our newest event, Bowling for Boobs, is held in October at the DECA + Bol in Vail. This fundraiser for the Vail Breast Cancer Group will also attract both locals and tourists, fueling our new paid mammogram program. 329 How will your program deliver fresh content (new programming, additional days/activities, ect.)? In 29 years, we take pride in being innovators. From a program standpoint, we're always looking for better ways to serve this community. The VVCF began with a grassroots fundraiser in 1996, and the Direct Aid program followed in tandem. We've added our dental programs, physical therapy program, and the Vail Breast Cancer Group to our portfolio because we believe each program complements the others in helping our neighbors achieve the best possible health and wellness, even when faced with health challenges. We're often approached to absorb one program or another, and this list shows that we indeed do so. However, more importantly, we're selective, ensuring that we continue to stay true to our mission. Most of all, we observe application trends to remain attuned to the community experience. We believe in financial resilience and build our program approach to support resilience. This is what leads us in 2025 to launch a paid mammogram program for uninsured women. Women are the breadwinners for their families. Early detection will not only save lives but also ensure the best possible outcomes, enabling women to remain resilient in both their treatment and financial situations. We are equally analytical from an event standpoint, so we've recently changed our signature events to ensure we offer what the community wants while being financially careful in how we deliver events. We do this by surveying attendees and analyzing financial outcomes. 330 How will your program achieve recognition and drive participation? We send monthly newsletters to our supporters and engage in a robust mail and online effort to secure end-of-year donations from community members through direct mail, as well as Colorado Gives Day. We also engage in a significant amount of social media storytelling. We have a monthly column in the Vail Daily where we tell our story from multiple perspectives (staff, donors, volunteers, grant recipients, and program partners). Our board members and staff wear many hats in this community, as they work professionally and volunteer on numerous boards. In these interactions, strong partnerships have been formed and continue to be made, driving recognition and participation in our programs and events. Through these efforts, we can share the large list of program supporters who support us with funding. We also apply for numerous grant funding and prize opportunities throughout the year, during which we discuss VVCF's history and program initiatives. In 2025, we won the Vail Valley Partnership Community Impact Award - a recognition that brings us great pride and inspires us to continue our mission of assisting neighbors during vulnerable times. 331 What is the lasting community involvement and or benefit of this program? Since 1996, we've distributed over $9.7 million to over 2,200 families. Since its inception, Eagle County Smiles has served over 583 children, providing more than 6,900 services valued at over $949,500. In 2024, we proudly report that we have distributed $325,268 to 83 direct aid grant recipients. Our community can't prevent hard times for our neighbors and loved ones, but we can continue to rise to the occasion when challenges arise. Platforms like GoFundMe make fundraising convenient, and they fill a great need. Rest assured, the Vail Valley Charitable Fund achieves the same result with our grassroots extended grant fundraisers, and more funds go to the beneficiary. The small percentage we retain (to meet our nonprofit obligations to the IRS) stays in the community and supports our direct aid and other programs. Plus, the recipient can SEE the love of their community at the fundraiser. We are told all the time - it is heartwarming for a recipient to know that a community is cheering them on. In 2024, 21 of the 83 people we helped lived or worked in the Town of Vail. We distributed $75,617 to Town of Vail residents or workers. BUDGET Are your books audited?No Please upload program/organization budget https://www.formstack.com/admin/download/file/18178652818 Who currently funds your organization? Individual Donors - neighbors within the Vail Valley and beyond (we are seeing an increase in funding from out-of-state donors because they believe in us after we help their loved ones). Local businesses of all sizes Grant Funding from Private Foundations Local Governments - we apply for funding from the Town of Avon and the Town of Eagle. The Town of Gypsum financially supports the LG TRI with significant In-Kind donations. Signature Events, again, this community rises to support us in the grassroots fashion we began. What percentage % of the total event budget is being requested? 1 332 If the program is not funded at the full request, how will it change with a lower funding allocation? Our direct aid grant applications are coming in at a higher rate than ever. We are carefully evaluating those applications, understanding that we can't fully fund each request. If you choose to fund this program, we will distribute those funds promptly to a deserving applicant, enabling us to help more people with your support. Should the Council decide not to support this program at all, will it still occur? Yes SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 136302 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 30000 333 Please list your confirmed sponsors or partners Town of Vail Town of Avon Colorado Housing and Finance Authority Town of Eagle El Pomar Foundation Pledge the Pink Foundation Denver Children's Foundation Rocky Mountain Health Foundation United Way of Eagle River Valley John G. Duncan Charitable Trust Walmart - Facility #1199 Vail Valley Cares Slifer Smith & Frampton Foundation Charitable Foundation of the Edwards Rotary Club Yampa Valley Community Foundation Walmart - Facility #1199 Charitable Foundation of the Vail Rotary Club Vail Resorts EpicPromise Beck Building Company AIA Architecture & Construction US Bank Mountain Life Calvary Chapel Elevated Dental The Gallegos Corporation Axis Sports Medicine RA Nelson FirstBank Anthem Blue Cross & Blue Shield Eagle County Airport ANB Bank Town of Gypsum Riverwalk Wine & Spirits Vail Recreation District The Kind Bike & Skis Siena Valley Club Town of Gypsum Vail Honeywagon Wishes Toystore Vail Daily Deca + Bol 334 Please explain the potential for additional sponsorships or partners. We're always applying for Grant/Prize Funds. These funders have applications pending or available in the coming months, and we're actively researching other opportunities. Denver Children's Foundation Colorado Housing Finance Authority Town of Avon Town of Eagle The Christian Foundation ADDITIONAL INFORMATION Are there any other things you'd like to share with Council and staff that are not included in the application? Thank you for your continued support. Organization rosters naming all officers, board of directors and respective positions as relevant. https://www.formstack.com/admin/download/file/18178652828 If you received Council funding in 2025, please upload a document recapping the use of prior year Council funds. https://www.formstack.com/admin/download/file/18178652829 Upload any other relevent materials such as photos, videos, articles, PR coverage, ect. https://www.formstack.com/admin/download/file/18178652830 335 Form Name: 2026 Council Contribution Request- Services Submission Time: July 31, 2025 9:30 am Browser: Chrome 138.0.0.0 / Windows IP Address: 75.71.160.110 Unique ID: 1366960397 Location: 39.645, -106.5942 Town of Vail 2026 Annual Council Contribution Request- Services Organization Name Eagle Valley Child Care Association Contact Name Taylor Hall Title of Contact Vail Child Care Center Site Director Contact Email taylor@eaglevalleychildcare.org Program and/or organization website eaglevalleychildcare.org Number of years organization has been in business 24 Organization Mission Statement The mission of Eagle Valley Child Care Association is to provide high-quality early learning programs to the children of Eagle County by: Providing a developmentally appropriate, discovery-based learning environment that meets the needs of every child's healthy cognitive, language, motor, social and emotional development Providing supportive parenting guidance to every family enrolled in our programs Providing the business community with a way to assure quality care for their employees through our Business Partner program Address 2099 North Frontage Road W. Vail, CO 81657 Work Phone (970) 476-1615 Organization's Tax Status Non-Profit 503c Please attached a copy of your organization's W9 https://www.formstack.com/admin/download/file/18314549720 Funding Request What is the name of your program? EVCCA/Vail Playground Repair and Remodel Is this a new program?Yes 336 Type of Funding Requested Cash Funding Only Cash Contribution Requested 149194 Please describe the timeframe of your program (i.e. year round, seasonal, or specific event dates). If applicable please list the relevant dates. Year Round Did you received funding from the Town of Vail for 2025? Yes How much funding did you receive from the Town of Vail for 2025? (Please include total funding you received from the CSE and Town Council)? 180000 Please describe the location(s) of the program in previous years. Vail Child Care Center, Minturn Family Enrichment Center, Miller Ranch Child Care Center Please describe the exact use(s) of the contribution. Please be as specific as possible. (i.e. the items/materials to be purchased for your program, charitable support or activities funded, etc) FA and EE discounts, Personnel Expenses, Occupancy, Operating Expenses PROGRAM INFORMATION 337 How does your request support the Contribution Policy (See above)? Our project directly aligns with the Town of Vail's contribution policy and mission by enhancing the safety, accessibility, and recreational value of an outdoor playground space above Vail CIty Market in teh Vail Child Care Center. The proposed improvements-resolving drainage issues, elevating the playground area, and installing new playground equipment and fencing-will create a safer, more resilient, and more inclusive environment for children and families. This supports the Town Council's commitment to providing exceptional services and an abundance of recreational opportunities. By investing in the long-term usability of this space, our project contributes to the overall health and vibrancy of the community. It fosters inclusivity, promotes outdoor activity, and enhances quality of life, which in turn strengthens the appeal of Vail as a premier international mountain resort community. These upgrades also represent a sustainable use of Town funds, as they proactively address infrastructure issues and reduce future maintenance needs. Our application meets all submission requirements and provides the Town Council with a complete and self-contained summary of the proposed work, as required by the contribution policy. How will your program support the mission & vision of the Vail Town Council? Our project supports the Town of Vail's Town Council mission by enhancing a community recreational space in a way that promotes safety, connection, and quality of life for those who live, work, and play in Vail. By addressing drainage issues, elevating the playground area, and installing new, modern equipment, we are creating a space where families and children can enjoy the outdoors, connect with one another and with nature in the heart of Vail proper, and create lasting memories. This project also aligns with the Town's vision of being the premier mountain resort community in the world. High-quality, accessible public amenities are a key component of a world-class resort destination. A safe, well-designed playground contributes to the guest experience, enhances the community environment, and reflects the Town's commitment to exceptional public services and vibrant, welcoming spaces for all. 338 How will your program attract target markets of both visitors and community members? While the playground is not open to the general public, it will significantly enhance the experience for families who rely on our child care services, including many local workers and residents. A safer, more functional, and engaging outdoor space supports early childhood development and encourages active play, which benefits the well-being of local children and their families. By improving the quality of care and amenities offered, this project helps attract and retain families in Vail, supporting the town's goal of being a vibrant, family-friendly resort community. For visiting families seeking dependable child care during their stay, an upgraded facility also reflects Vail's commitment to exceptional services and guest experience. How will your program deliver fresh content (new programming, additional days/activities, ect.)? This project delivers fresh content by transforming an outdated outdoor space into a dynamic, engaging, and developmentally appropriate environment for young children. New playground equipment will introduce a variety of play opportunities that support physical, social, and cognitive growth. Elevated areas and improved drainage will expand usable outdoor time, allowing for more consistent and enriching programming. The refreshed playground design will also enable us to incorporate nature-based and themed play, giving educators new tools to create seasonal, curriculum-aligned outdoor experiences that feel new and exciting for children and families throughout the year How will your program achieve recognition and drive participation? This project will be recognized through our outreach to enrolled families, community partners, and local employers who rely on our services. We will share updates and completion announcements via newsletters, social media, and through direct communication with families-highlighting the investment in quality early childhood experiences. Improved facilities will help attract new families seeking high-quality child care in Vail, and demonstrate our commitment to continuous improvement. The project also strengthens our partnerships with local businesses by supporting the workforce with reliable, enriching child care options-helping to drive participation and community engagement over the long term. 339 What is the lasting community involvement and or benefit of this program? This project provides a long-term benefit to the Vail community by supporting working families with safe, high-quality child care in an improved outdoor environment. Upgrading the playground ensures children have access to developmentally rich, year-round play, which supports early learning and well-being. By investing in the future of Vail's youngest residents, the project helps retain families in the area, strengthens the local workforce, and contributes to a more vibrant, stable community. The improved facility will serve generations of children and families, reinforcing Vail's commitment to being a supportive place to live and work. BUDGET Are your books audited?Yes Please upload program/organization budget https://www.formstack.com/admin/download/file/18314549737 Who currently funds your organization? For all three centers-Tuition, CCAP, UPK, Blanche Hill Foundation, Eagle County, Buell Foundation,Town of Minturn, Vail Health, Yampa Valley Foundation What percentage % of the total event budget is being requested? 100 If the program is not funded at the full request, how will it change with a lower funding allocation? As the drainage and ground sinking issue are tied to the building, we will ask that City Market covers those associated costs, leaving the playground repair and rebuild to be funded by EVCCA. Should the Council decide not to support this program at all, will it still occur? No SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 0 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 0 340 Please list your confirmed sponsors or partners n/a Please explain the potential for additional sponsorships or partners. It's our belief that City Market, the landlord of the property, should cover the costs to repair the drainage issue. ADDITIONAL INFORMATION Are there any other things you'd like to share with Council and staff that are not included in the application? We appreciate the Council's consideration of this request. While our playground is not a public facility, it plays a vital role in supporting Vail's workforce and families by providing safe, enriching care for young children. This project is a long-term investment in the health, resilience, and stability of our community. By improving the quality and safety of our outdoor space, we're not only enhancing early childhood development but also helping to attract and retain families who live and work in Vail-an essential part of maintaining a vibrant, year-round community. We are committed to maximizing the impact of this contribution and upholding the values of excellence and service that define the Town of Vail. Organization rosters naming all officers, board of directors and respective positions as relevant. https://www.formstack.com/admin/download/file/18314549747 If you received Council funding in 2025, please upload a document recapping the use of prior year Council funds. https://www.formstack.com/admin/download/file/18314549748 341 Form Name: 2026 Council Contribution Request- Services Submission Time: June 30, 2025 4:23 pm Browser: Chrome 137.0.0.0 / OS X IP Address: 69.179.196.127 Unique ID: 1358103373 Location: 39.6553, -106.8286 Town of Vail 2026 Annual Council Contribution Request- Services Organization Name The Cycle Effect Contact Name Rebecca Gould Title of Contact Director of Development Contact Email grants@thecycleeffect.org Program and/or organization website www.thecycleeffect.org Number of years organization has been in business 12 Organization Mission Statement The Cycle Effect's mission is to empower young women through mountain biking to create brighter futures and build stronger communities Address 116 East 3rd Street PO Box 1503 Eagle, CO 81631 Work Phone (970) 306-7572 Organization's Tax Status 501(c)(3) Please attached a copy of your organization's W9 https://www.formstack.com/admin/download/file/18191359391 Funding Request What is the name of your program? Girls Mountain Bike Program and Mujeres y Pedales Is this a new program?No How many years has this program been produced in Vail? 12 Type of Funding Requested Cash Funding Only Cash Contribution Requested 10000 342 Please describe the timeframe of your program (i.e. year round, seasonal, or specific event dates). If applicable please list the relevant dates. This is a year round program. Did you received funding from the Town of Vail for 2025? No Please describe the location(s) of the program in previous years. Both programs are hosted open to all residents of Eagle County and take place on local trails from Vail to Gypsum. Please describe the exact use(s) of the contribution. Please be as specific as possible. (i.e. the items/materials to be purchased for your program, charitable support or activities funded, etc) The contribution will be utilized to directly support The Cycle Effect's Eagle County Girls Mountain Bike Mentorship Program, specifically focusing on the following key areas: Transportation: Funds will cover the costs of transporting participants to and from practices, races, and community events, ensuring accessibility for all young women, particularly those from low-income backgrounds. Bikes and Equipment: We will purchase and maintain high-quality mountain bikes, helmets, and safety gear for participants. This equipment is essential for providing a safe and enjoyable biking experience. Bilingual Coaching: A portion of the contribution will support the hiring of bilingual coaches who can effectively communicate with our diverse participants, ensuring that language barriers do not hinder engagement and learning. Program Materials: Funds will be allocated for educational materials and resources that support our life skills mentorship topics, including workshops on mental health, leadership, and personal development. Community Events: The contribution will help fund monthly family dinners and community outreach events, fostering connections between participants, their families, and our staff, while promoting a sense of belonging and community engagement. By investing in these specific areas, the contribution will enhance the overall impact of our program, empowering young women to thrive both on and off the bike. PROGRAM INFORMATION 343 How does your request support the Contribution Policy (See above)? The Cycle Effect (TCE) is uniquely positioned to support the Town of Vail's Contribution Policy by addressing the community's pressing needs through our mission of empowering young women from underrepresented backgrounds. Our programming fosters personal growth and resilience among participants while enriching the overall vibrancy of the Vail community. By prioritizing access to mountain biking for Latina, BIPOC, and low-income youth, we contribute to a diverse and inclusive environment that aligns with the Town's commitment to community well-being. Our request for funding will bolster the Eagle County Girls Mountain Bike Mentorship Program and the Mujeres y Pedales program, essential resources for young women aged 10-18 and women ages 18+, respectively. These initiatives promote physical and mental health, instill leadership skills, and encourage community engagement, fulfilling the Town Council's mission of providing exceptional recreational and educational opportunities. By investing in TCE, the Town of Vail will help cultivate a generation of confident leaders who will positively influence the community's future health and diversity. Our initiatives create a ripple effect, benefiting not only participants but also their families and the broader community. As we work to dismantle barriers to access and promote equity in outdoor recreation, we align with the Town's vision of a vibrant, diverse economy and community, ensuring that all citizens and guests can fully enjoy th 344 How will your program support the mission & vision of the Vail Town Council? The Cycle Effect (TCE) embodies the mission and vision of the Vail Town Council by nurturing a vibrant community where young women can connect with nature and thrive. Our program empowers young women aged 10-18, particularly those from underrepresented backgrounds, through mountain biking-a transformative vehicle for personal growth and community engagement. By providing access to outdoor recreation, we enhance physical health and promote mental well-being, creating invaluable opportunities for participants to flourish. TCE's commitment to inclusivity and equity supports Vail's vision of being a premier mountain resort destination. Our programming encourages participants to explore the breathtaking natural environment of Vail, fostering a profound appreciation for the outdoors while cultivating essential life skills such as teamwork, leadership, and resilience. By engaging with local families and community members, we strengthen the social fabric of Vail, ensuring that all residents feel connected and valued. Through our initiatives, TCE significantly enhances the quality of life in Vail, empowering young women to emerge as confident leaders who will leave a lasting impact on their communities. Together, we are forging a legacy of empowerment, connection, and joy that resonates with the mission of the Vail Town Council, ultimately enriching the lives of all who call this remarkable community home. 345 How will your program attract target markets of both visitors and community members? The Cycle Effect (TCE) is dedicated to serving young women from underrepresented backgrounds, while also engaging visitors in our vibrant mountain communities. Our mountain bike-focused organization naturally attracts interest in outdoor recreation and inclusivity. By showcasing our transformative programs, we empower local youth and inspire visitors to recognize the value of promoting outdoor activities for all. To engage both audiences, we host community bike rides, races, and open houses that highlight the impact of mountain biking. These events are promoted through local media, social media platforms, and partnerships with community organizations, ensuring broad visibility and engagement. By inviting families and community members to participate, we create a welcoming atmosphere that fosters connection and belonging. Our bilingual programming and culturally relevant outreach initiatives enhance our appeal, making our offerings accessible to diverse audiences. Collaborating with local schools and organizations allows us to tap into existing networks, drawing in participants who may not have previously considered mountain biking. Through these strategies, TCE cultivates a strong sense of community, extending the feeling of belonging to both young women and visitors. This shared experience reinforces the perception of a vibrant, inclusive community, inviting all to engage with our mission and advocate for equity in outdoor recreation. 346 How will your program deliver fresh content (new programming, additional days/activities, ect.)? TCE has adopted a dynamic and community-centered approach to delivering fresh content and programming that resonates with the needs of the young women we serve. By actively engaging with participants, their families, partner organizations, and schools, we have successfully launched several innovative initiatives, including bike clinic days, the Mujeres y Pedales program, the TCE+ program, and the Junior Coach program. These offerings were directly shaped by community feedback, ensuring that our programming remains relevant and impactful. Looking ahead, TCE is committed to continuously evolving our programming by incorporating new activities and expanding our offerings based on ongoing dialogue with our community. We are exploring additional days of programming, such as weekend adventure rides and specialized workshops that focus on life skills, mental health, and leadership development. Furthermore, we aim to enhance recruitment efforts and improve retention by building stronger relationships with community members and tailoring our services to meet their unique needs. This proactive approach not only fosters a sense of belonging among our participants but also amplifies our impact, empowering young women to thrive both on and off the bike. 347 How will your program achieve recognition and drive participation? The Cycle Effect (TCE) will achieve recognition and drive participation through a strategic blend of community engagement, targeted outreach, and impactful storytelling. Our commitment to serving young women from underrepresented backgrounds will be highlighted through partnerships with local schools, community organizations, and events that resonate with our target demographic. By hosting bilingual outreach clinics and informational sessions, we will break down barriers to participation and ensure that families are aware of the opportunities available to their daughters. Additionally, we will leverage social media and digital marketing to share success stories and testimonials from our participants, showcasing the transformative impact of our programs. Collaborating with local influencers and community leaders will further amplify our message, creating a ripple effect that encourages more young women to join our initiatives. To maintain engagement, we will implement referral incentives for current participants, encouraging them to invite friends and family to join. Our ongoing commitment to culturally relevant programming will ensure that participants feel a sense of belonging, fostering a supportive community that drives word-of-mouth participation. Through these multifaceted strategies, TCE will not only achieve recognition but also cultivate a vibrant community of young women empowered to embrace mountain biking and the personal growth it fosters. 348 What is the lasting community involvement and or benefit of this program? The lasting community involvement and benefit of The Cycle Effect's (TCE) Girls Mountain Bike Program extend far beyond individual participants. By empowering young women from underrepresented backgrounds, TCE fosters a culture of inclusivity, resilience, and leadership within the community. As participants develop their biking skills and personal confidence, they become role models for their peers, inspiring others to engage in outdoor activities and pursue their passions. The program strengthens community ties through family involvement and local partnerships. Monthly family dinners create a supportive network, allowing families to connect with one another and TCE staff, reinforcing the importance of community engagement. Collaborations with local organizations ensure that TCE's programming is responsive to the unique needs of the community, enhancing the overall impact of our initiatives. TCE's commitment to bilingual programming and culturally relevant content ensures that all community members feel valued and included. This approach addresses health inequities and promotes a sense of belonging among participants and their families. As these young women grow into confident leaders, they contribute positively to their communities, creating a ripple effect that fosters a healthier, more equitable environment for all. Ultimately, TCE cultivates a legacy of empowerment, connection, and community well-being that will endure for generations. BUDGET Are your books audited?Yes Please upload program/organization budget https://www.formstack.com/admin/download/file/18191359413 349 Who currently funds your organization? We have a diverse portfolio of funders including individual, corporate and grants. Anonymous Colorado Foundation - $125,000 Colorado Parks & Wildlife - Outdoor Equity Grant Program: $100,000 Colorado Health Foundation - $112,715 The Rosenbachs - $95,000 Liv Bikes - $75,000 IN-KIND Borgen Family Foundation- $55,000 Namaste Foundation - $30,000 Kaufman Family Foundation - $30,000 Summit Foundation - $26,500 Epperson Family Foundation - $20,000 What percentage % of the total event budget is being requested? 1 If the program is not funded at the full request, how will it change with a lower funding allocation? If TCE does not receive full funding from the Town of Vail, we are committed to maintaining the integrity of both programs outlined in this application- The Girls Mountain Bike Mentorship Program and Mujeres y Pedales. TCE has established diversified revenue streams, including individual donations, foundation grants, corporate sponsorships, and fundraising events. This approach enables us to adapt to funding fluctuations without compromising program quality or accessibility. In the case of a partial funding allocation, we will utilize our other funding sources to subsidize the program, ensuring that we continue to provide essential resources such as transportation, equipment, and bilingual mentorship. Our commitment to serving young women from underrepresented backgrounds remains steadfast, and we will not reduce participant numbers or program quality. By leveraging existing partnerships and exploring new funding opportunities, we will sustain the full scope of the program as outlined in this proposal. Our goal is to empower young women through mountain biking, and we will work diligently to secure the necessary resources to achieve this mission, regardless of the funding outcome from the Town of Vail. Should the Council decide not to support this program at all, will it still occur? Yes 350 SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 35000 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 88000 Please list your confirmed sponsors or partners Ariel Foundation Storm Foundation Liv Cycles Town of Avon Edwards Metro District REI Cooperative Action Fund State of Colorado- NPI Grant Colorado Outdoor Equity Fund Western Colorado Community Foundation 351 Please explain the potential for additional sponsorships or partners. The Cycle Effect (TCE) has significant potential for additional sponsorships and partnerships, driven by our commitment to empowering young women and promoting equity in outdoor recreation. Our established presence in four Colorado counties-Eagle, Summit, Routt, and Mesa-provides a robust platform for local businesses and organizations to engage with diverse communities. We actively seek partnerships with companies that align with our mission, particularly in the outdoor, health, and wellness sectors. Collaborating with brands that prioritize social responsibility can create mutually beneficial relationships that enhance visibility and community impact. For instance, outdoor gear companies can sponsor equipment or apparel, while health organizations can support our mental health initiatives, reinforcing their commitment to community well-being. TCE's focus on bilingual programming and culturally relevant outreach opens doors for partnerships with organizations serving Latina and BIPOC communities. These collaborations can amplify our reach and effectiveness, ensuring we address the unique needs of our participants. Our successful track record, evidenced by the 550+ young women served and the 92% of riders who report feeling a sense of belonging, positions TCE as an attractive partner for sponsors looking to make a meaningful impact. By leveraging our community connections and shared values, we can cultivate new sponsorship opportunities that drive growth and sustainability ADDITIONAL INFORMATION 352 Are there any other things you'd like to share with Council and staff that are not included in the application? At The Cycle Effect (TCE), we believe our impact extends beyond individual participants; it resonates throughout the entire community. By empowering young women through mountain biking, we foster personal growth and resilience while cultivating a culture of inclusivity, health, and community engagement. As our program participants gain confidence and develop leadership skills, these young women become role models and advocates for positive change within their families and communities. The ripple effect of their growth inspires peers and family members to pursue their own goals and engage more actively in community life. TCE promotes mental and physical well-being, addressing critical health inequities faced by our participants. By integrating physical activity with mental health education, we create a holistic approach that improves lives and contributes to a healthier community. Participants learn to manage stress and build emotional resilience, leading to reduced rates of anxiety and depression among youth. Our commitment to community engagement is exemplified through family dinners and community service projects, which strengthen bonds and create a sense of belonging. Collaborating with local organizations ensures our programming is responsive to community needs, enriching our programs and strengthening community ties. In summary, TCE nurtures a generation of leaders who positively influence their families and communities. Your support is crucial in helping us expand Organization rosters naming all officers, board of directors and respective positions as relevant. https://www.formstack.com/admin/download/file/18191359428 Upload any other relevent materials such as photos, videos, articles, PR coverage, ect. https://www.formstack.com/admin/download/file/18191359429 353 Form Name: 2026 Council Contribution Request- Services Submission Time: September 18, 2025 3:04 pm Browser: Chrome 140.0.0.0 / OS X IP Address: 4.36.124.184 Unique ID: 1382051304 Location: 33.4532, -112.0748 Town of Vail 2026 Annual Council Contribution Request- Services Organization Name Battle Mountain High School Project Graduation Contact Name Andrea Glass Title of Contact Co-Chair Contact Email bmhsprojectgraduationco@gmail.com Program and/or organization website https://bmhsprojectgrad.wixsite.com/huskies Number of years organization has been in business 20 Organization Mission Statement BMHS Project Graduation is a fun and memorable celebration for Battle Mountain High School seniors in a supervised, drug- and alcohol-free environment on graduation night. Providing a safe alternative on a high-risk evening, it benefits both students and the community. For over 20 years, this event has been organized and funded entirely by parent volunteers who are committed to keeping our teens safe. Address c/o BMHS501c3 0151 Miller Ranch Road Edwards, CO 81632 Work Phone (970) 376-5992 Organization's Tax Status 501c3 Please attached a copy of your organization's W9 https://www.formstack.com/admin/download/file/18525286395 Funding Request What is the name of your program? BMHS Project Graduation 2026 Is this a new program?No How many years has this program been produced in Vail? 20 Type of Funding Requested Cash Funding Only 354 Cash Contribution Requested 2500 Please describe the timeframe of your program (i.e. year round, seasonal, or specific event dates). If applicable please list the relevant dates. BMHS Project Graduation 2026 will be held May 22, 2026 at the Mountain Recreation Edwards Fieldhouse from 10:00pm - 1:00am. Did you received funding from the Town of Vail for 2025? Yes How much funding did you receive from the Town of Vail for 2025? (Please include total funding you received from the CSE and Town Council)? 2000 Please describe the location(s) of the program in previous years. Mountain Recreation Edwards Fieldhouse, 450 Miller Ranch Road, Edwards, CO 81632 Please describe the exact use(s) of the contribution. Please be as specific as possible. (i.e. the items/materials to be purchased for your program, charitable support or activities funded, etc) Town of Vail funds were used to host Project Graduation 2025. Event costs include event insurance, entertainment rentals, snacks, drawing prizes, and a gift for every attendee. Traditionally, Project Graduation attendance has hovered around 100 students, but this year we were thrilled to welcome nearly 150 seniors - representing about one-half to three-quarters of the graduating class of 200-250. One of our biggest accomplishments was eliminating the $25 entrance fee per student. Because of community donations, every graduating senior was able to attend free of charge. We believe this was a key factor in boosting participation, ensuring that cost was not a barrier to attendance. PROGRAM INFORMATION 355 How does your request support the Contribution Policy (See above)? Battle Mountain High School's Project Graduation directly supports the Town of Vail's funding priorities by investing in the safety, well-being, and future of our community's youth. Graduation night is one of the highest-risk evenings of the year for substance use, accidents, and unsafe behavior. By providing a safe, substance-free, and memorable celebration, Project Graduation benefits the entire community of Vail-protecting not only students, but also families, first responders, and visitors. This program also aligns with the Town Council's mission by strengthening our community fabric and supporting our next generation. Project Graduation promotes a vibrant and diverse community by including every graduating senior, regardless of background or financial means. It contributes to the Town's vision of providing cultural and educational opportunities by creating a celebratory event that rewards students for their achievement while fostering connections among peers and families. Finally, this investment in youth contributes to the long-term health of the resort community. Today's graduates are tomorrow's workforce, community leaders, and ambassadors for Vail. By supporting them with safe, positive traditions, the Town of Vail demonstrates its commitment to sustaining a strong, healthy community that continues to thrive as a premier international mountain resort. How will your program support the mission & vision of the Vail Town Council? Project Graduation reflects the Town of Vail's mission by providing graduating seniors with a safe, memorable, and inclusive celebration-an opportunity to connect with one another, celebrate their accomplishments, and create lasting memories in the place they call home. By reducing risks on graduation night, we also support the wellbeing of families, residents, and visitors, ensuring that everyone can continue to "have the time of their lives" in Vail. This program also supports the Town's vision of being the premier mountain resort community in the world. A strong, healthy, and connected youth population is essential to sustaining a vibrant community and workforce. By investing in our young people, Project Graduation helps ensure that Vail continues to be known not only for world-class recreation, but also for its commitment to community, safety, and opportunity. 356 How will your program attract target markets of both visitors and community members? Project Graduation directly serves Battle Mountain High School students and families, many of whom live in the Town of Vail. However, the event's impact extends to the broader community and visitors alike. By offering a safe, substance-free celebration on graduation night, we reduce the likelihood of risky behavior that could affect not only our graduates but also residents, families, and visitors to Vail. This makes the community safer and more welcoming for guests. The program also highlights Vail's commitment to its young people, showing both community members and guests that Vail is more than a resort destination, it is a place that values education, family, and tradition. Parents, relatives, and friends often travel to Vail to celebrate commencement, and Project Graduation reassures them the town supports a safe and meaningful way for their graduates to celebrate. In this way, the program strengthens Vail's image as a premier community that cares deeply about the wellbeing of both residents and visitors. How will your program deliver fresh content (new programming, additional days/activities, ect.)? Project Graduation is built around a proven mix of activities that students love year after year, including casino games, mechanical bull riding, prize drawings throughout the evening, and carnival-style games for prizes and money. While the core program remains consistent because of its popularity, we keep it fresh by expanding opportunities within those activities. For 2026, we plan to increase the number and variety of games so students have even more chances to win prizes. 357 How will your program achieve recognition and drive participation? Project Graduation uses multiple outreach strategies to ensure every senior knows about and feels included in the event. We created a promotional video that is shown in all BMHS Advisory classes, giving students a clear picture of what to expect and generating excitement. Each senior also receives a formal event invitation and a complimentary "Husky Senior Lives Here" lawn sign in May, which promotes both school spirit and community recognition. We also connect with students and families at key times throughout the year, including BMHS registration day and the first day of school, to build early awareness. In addition, our first fundraiser is selling "Senior Shout Outs" to families. These are small posters, featuring a message and photo of a senior student, which are posted in the school lobby for the first month of school. This initiative raises funds but also promotes the event to families and the student population. Together, these efforts ensure strong participation, high visibility, and a sense of shared celebration across the graduating class. What is the lasting community involvement and or benefit of this program? Graduation night is traditionally one of the highest-risk evenings for youth. By offering an engaging, substance-free alternative, we help keep students safe, while also reducing potential strain on families, first responders, and the broader community. Beyond a single night, the program reinforces positive decision-making and represents an exciting and memorable evening free of substances. It also strengthens community bonds, as the event is made possible through the support of parents, volunteers, local businesses, and municipalities working together. In this way, Project Graduation creates a safer community today while building a culture of responsibility and care that benefits Vail's future. BUDGET Are your books audited?No Please upload program/organization budget https://www.formstack.com/admin/download/file/18525286413 Who currently funds your organization? Grants from municipalities, Local business sponsorship, and family donations. 358 What percentage % of the total event budget is being requested? 8 If the program is not funded at the full request, how will it change with a lower funding allocation? Project Graduation is organized by a dedicated committee of parent volunteers who are committed to raising the full $30,000 needed to host the event. We pursue every possible funding source to reach this goal. If fundraising falls short, the event would continue, but with fewer prizes or giveaways for students. As a very last resort, we could consider reinstating a small entry fee, though our highest priority is to keep Project Graduation free and accessible to every senior. Should the Council decide not to support this program at all, will it still occur? Yes SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 20000 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 10500 359 Please list your confirmed sponsors or partners None yet. 2025 sponsors include the following, all of whom will be approached again this year: FirstBank Alpine Bank Arrowhead Metro District Avanti F&B Berry Creek Metro District Black Hills Energy BMHS Booster Club BMHS PTA Climax Molybdenum Commfluent, Inc. Eagle River Inn Edwards Metro District EFEC Holy Cross jacobs + interiors Jerry Sibley Plumbing MidFirst Bank Mountain Recreation Pepito's Polarstar Properties Riverwalk Theater Sauce on the Creek SRE Building Town of Avon Town of Vail Vail Custom Builders Vail Health Vail Resorts Vail Valley Cares Vail Valley Entertainment Vail Valley Pharmacy Zastrow Dentistry 360 Please explain the potential for additional sponsorships or partners. Project Graduation has strong potential to attract additional sponsors and community partners because it reaches a broad audience of students, families, and local residents. Local businesses, organizations, and municipalities benefit from visibility and goodwill by supporting a safe, highly anticipated event that directly impacts youth in our community. Each year, we build on existing relationships with past sponsors while actively seeking new partners who share our commitment to student safety and community engagement. Opportunities for recognition include logo placement, event signage, social media promotion, and acknowledgment in communications with families, ensuring that sponsors receive meaningful exposure and appreciation. This approach creates ongoing opportunities for partnerships that support both the event and the broader community. ADDITIONAL INFORMATION Are there any other things you'd like to share with Council and staff that are not included in the application? Thank you for your past support. Because of the leadership of the Town of Vail, we believe other metropolitan districts and towns followed in supporting the 2025 event. We hope that success can be repeated for 2026. Organization rosters naming all officers, board of directors and respective positions as relevant. https://www.formstack.com/admin/download/file/18525286423 If you received Council funding in 2025, please upload a document recapping the use of prior year Council funds. https://www.formstack.com/admin/download/file/18525286424 Upload any other relevent materials such as photos, videos, articles, PR coverage, ect. https://www.formstack.com/admin/download/file/18525286425 361 Form Name: Council Contribution Request- In-Kind Submission Time: June 11, 2025 10:25 am Browser: Chrome 137.0.0.0 / OS X IP Address: 76.130.208.160 Unique ID: 1352448950 Location: 39.645, -106.5942 Town of Vail Council Contribution Request- In-Kind Organization Name Small Champions, Inc Contact Name John Weiss Title of Contact Executive Director Contact Email smallchampions@gmail.com Program and/or organization website www.smallchampions.org Number of years organization has been in business 29 Organization Mission Statement Small Champions transforms and empowers the lives of Eagle County, Colorado youth who are challenged with cognitive and physical disabilities. We teach children that life is a rich and exciting place. Through repeated assurance and positives experiences we help them grow, learn, and have fun. Small Champions focuses on abilities not disabilities. Address PO Box 4691 Vail, CO 81658 Work Phone (970) 390-0004 Organization's Tax Status 501(c)3 Funding Request What is the name of your event or program? Small Champions Sports and Recreation Program Is this a new event or program?No How many years has this program been produced in Vail? 29 In-Kind Contribution Requested 75 parking passes to be used on 9 off-peak Sunday's for our Small Champions parents, aides, volunteers, use of the Lionshead Welcome Center on 9 off-peak Sunday's for a drop off/pick up location. 20 summer parking passes for our Small Champions parents, aides, volunteers to be used on 3 days of Small Champions Adventure Ridge outings. 362 Please describe the timeframe of your event/program. If applicable, please list the specific date(s). If a specific date has not yet been selected, please indicate the dates of interest. Small Champions Ski/Ride Program - January - April 2026 ( 3 Sunday's in January/February, 1 Sunday in March, 2 Sunday's in April) Summer Parking Passes - 3 days. Mid-week, July and/or August. dates TBD Describe how the contribution requested will be used. Parking passes will be used by parents, aides, volunteers to assist our kids with disabilities. Welcome Center to be used as a meeting place, mornings and afternoons of our ski/ride days. Have you received an in-kind contribution from the Town of Vail for this event/program previously? Yes What was the previous in-kind contribution from the Town of Vail? Parking passes and use of Welcome Center When was the most recent date of the event/program for which you previously received an in-kind contribution from the Town of Vail? Apr 14, 2025 Please describe the location(s) of the program in previous years. Always Vail SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 135000 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 250000 Please list your confirmed sponsors or partners Town of Vail. Town of Avon, Town of Eagle, Vail Resorts/Epic Promise, First Bank, Alpine Bank, Avon Recreation, Mountain Recreation, Vail Recreation District, Vail Valley Cares, many local nonprofit organizations, local businesses, individuals, and foundations. ADDITIONAL INFORMATION 363 How does your request support the Contribution Policy (See above)? Small Champions serves the families of children, teens and young adults with disabilities who live and work in Vail and Eagle County. Our Small Champions and families makeup a vital and diverse segment of our community. Having our Small Champions participate in the world class opportunities in our mountain towns is essential to an inclusive and inviting community. We believe this supports the Town of Vail's Contribution Policy perfectly. Are there any other things you'd like to share with staff that are not included in the application? Thank you for your past and continued support of Small Champions! 364 Form Name: Council Contribution Request- In-Kind Submission Time: June 29, 2025 10:57 am Browser: Chrome 136.0.0.0 / OS X IP Address: 109.7.64.19 Unique ID: 1357712662 Location: 48.8384, 2.2446 Town of Vail Council Contribution Request- In-Kind Organization Name Vail Mountaineer Hockey Club Contact Name Kristi Scheidegger Title of Contact Executive Director Contact Email kristi@vailmountaineers.org Program and/or organization website www.vailmountaineers.com Number of years organization has been in business 50 Organization Mission Statement At the Vail Mountaineer Hockey Club (VMHC), we're passionate about bringing the excitement, challenge, and camaraderie of hockey to kids of all skill levels across Eagle County. Whether you're just lacing up your skates for the first time or you're chasing higher competition, we've got a team for you-boys and girls, recreational and competitive. We're proud to partner with Mountain Recreation and the Vail Recreation District, who help keep the ice ready for action. By working together, we're making hockey more accessible and affordable for every young athlete who wants to be part of something bigger. Since 1975, VMHC has been more than just a hockey club-it's been a place where lifelong friendships are forged, and unforgettable memories are made on and off the ice. We can't wait to welcome the next wave of players to the VMHC family and keep the legacy alive. Address PO Box 2591 Edwards, CO 81632 Work Phone (970) 331-6669 Organization's Tax Status 501c3 EIN 84-0779148 Funding Request What is the name of your event or program? 2026 47th Annual Vail Sportsmanship Tournament 365 Is this a new event or program?No How many years has this program been produced in Vail? 45 In-Kind Contribution Requested 14 days of in-kind time at Dobson Ice Arena Please describe the timeframe of your event/program. If applicable, please list the specific date(s). If a specific date has not yet been selected, please indicate the dates of interest. With the understanding that we are at the mercy of the construction project, our best hope would be for use of Dobson ice Arena as follows: Two days in September for the annual Avalanche Alumni Weekend fundraiser. Additionally, 4 weekends (totaling 12 days) for our annual Sportsmanship Tournament. For 2026, it would be hosted one week in late-October (Either 10/23-25 or 10/30-11/01) and the first three weekends in November (11/06-11/08, 11/13-11/15, 11/20-11/22). Describe how the contribution requested will be used. As a 501c3, we rely heavily on our fundraising efforts to offset the high cost of playing the sport of hockey. At the VMHC, our fundraising dollars reduce the registration fees for our local families who play hockey. The Annual Vail Sportsmanship Tournament is one of our largest fundraisers, attracting visitors from all over Colorado and surrounding states over 4 weekends in the off-season. By receiving the in-kind days of ice time, this allows us to raise more funds from our event that will ultimately benefit the local hockey families. As the largest single client of Dobson Ice Arena, we are requesting 14 days of ice time in 2026 in order to support our fundraising efforts. Our annual tournament takes place over 4 weekends. We are requesting 12 days for this event that provides an economic boost to the Town of Vail during an otherwise slow period for tourism. The tentative dates for the 2026 event include For 2026, it would be hosted one week in late-October (Either 10/23-25 or 10/30-11/01) and the first three weekends in November (11/06-11/08, 11/13-11/15, 11/20-11/22). The remaining days will be used in September for the Avs Alumni Weekend. Have you received an in-kind contribution from the Town of Vail for this event/program previously? Yes What was the previous in-kind contribution from the Town of Vail? 14 days of ice use at Dobson 366 When was the most recent date of the event/program for which you previously received an in-kind contribution from the Town of Vail? Nov 01, 2024 Please describe the location(s) of the program in previous years. Our tournament has been centered out of Vail and the Dobson Ice Arena since its inception, except in 2025 due to the renovation fo Dobson. As the demand to participate has grown, we've expanded the event to include games at the Mountain Recreation Eagle Pool & Ice Rink. We offer all lodging for the visiting tournament participants in the Town of Vail. The tournament attracts visitors from all over Colorado and surrounding states, like Utah, Texas and Nevada. Over the course of 4 weekends, we host over 80 games at Dobson Ice Arena in Vail. SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 20000 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 0 367 Please list your confirmed sponsors or partners We partner with Discover Vail for our Annual Sportsmanship Tournament. Additionally, in the past, we have been able to sell rink board advertisement to generate fundraising dollars. At this time, we are unsure if we will hav the opportunity to raise funds through rink board sales at the renovated arena. The dollar amount listed above is a guess due to this uncertainty. Past sponsors have included: Baird- Kevin Cross The Steadman Clinic and Steadman Philippon Research Institute Vail Custom Builders Vail Health Slifer Smith & Frampton Real Estate Mark & Tiffany Weinreich with Berkshire Hathaway Real Estate Alan-Bradley Windows & Doors Alpine Bank Fruscione Foundation Rachel Viele (SSF Vail Valley Real Estate) The Tower Pit OCG - Kellye O'Kelly Active Energies Solar Holy Cross Energy Alan McLean Arrigoni Woods Denton Advisory Group Scott Rankin CCIG- Will Steck Castlewood Doors and Millwork Skyline Mechanical Zastrow Dentistry DDS PLLC Alison Wadey The Golden Bear Alpine Lumber ANB Bank Burke Harrington Construction Eagle Orthodontics First Bank Castle Peak Dental Riverwalk Theater Meredith Clark Shachoy The Paint Bucket Alpine Kind Sunrise MInturn Tom Boyd Wild Bill's Aryn Schlicting (Evoke & Mountain Careers) Optic Nerve- Bill Cotton David Herbstman 368 Village Bagel West Vail Liquor Mart Taryn Bellar 369 ADDITIONAL INFORMATION How does your request support the Contribution Policy (See above)? As a premier international mountain resort with a mission to "grow a vibrant, diverse economy, providing our citizens and guests with exceptional services and an abundance of recreational, cultural and educational opportunities" , The Vail Town Council is supported by the Vail Mountaineer Hockey Club in many ways. First, at our core, the VMHC offers recreational opportunities to nearly 300 local players through the sport of hockey, while providing the Gift of Hockey Scholarships to those who are unable to afford the associated costs. For the 24-25 hockey season, we granted over $16,000 in scholarships. Second, the VMHC is dedicated to educating hockey players, parents and families about the life skills of sportsmanship, mutual respect, responsibility, teamwork, and friendship. Third, we offer events that encourage locals and visitors alike to visit the vibrant Town of Vail and have done so for over 45 years. This includes our Annual Vail Sportsmanship Tournament, Precision Skills Clinics, Avalanche Alumni Weekend and more. Are there any other things you'd like to share with staff that are not included in the application? We appreciate the Town of Vail's continued support of our growing youth hockey organization. The current renovation of the Dobson Ice Arena, while very exciting and necessary, is going to present may challenges for our program. Our hope is to bring our annual fundraisers back to Vail in 2026, bigger and better than ever! Our club now serves nearly 300 hockey players and continue to show signs of growth. In a valley where we all experience the challenges of the high cost of living, we feel fortunate to have the in-kind support to all us to offer some of the most reasonably priced hockey registration fees in the state of Colorado. We have plans of bringing more visitors to the Town of Vail through additional tournament in the near future. With this request covering our two biggest fundraising events, it is difficult to break down the dollar amounts of the sponsorships and/or partnerships that we have. Some of our sponsorships, like the rink boards are on-going throughout the year. The sponsorships for Avalanche Alumni Weekend are more specific. 370 Form Name: Council Contribution Request- In-Kind Submission Time: June 27, 2025 9:55 am Browser: Chrome 137.0.0.0 / Windows IP Address: 174.215.22.40 Unique ID: 1357309658 Location: 39.7044, -105.0023 Town of Vail Council Contribution Request- In-Kind Organization Name The Skating Club of Vail Contact Name Kiran Weaver Title of Contact President Contact Email scvclubinfo@gmail.com Program and/or organization website www.skateclubvail.com Number of years organization has been in business 45 Organization Mission Statement The Skating Club of Vail has been a proud member of the Vail Valley community for 50 years and is the 2nd oldest youth sports organization in this Valley. The club is a member in good standing with the United States Figure Skating Association. Our Annual Ice Show, which has run continuously since 1976, is highly anticipated every year - with a run-time of approximately 2 hours including group numbers, solos and duets, with performances from kids across all ages. The Club also offers a unique Theater on Ice performance with amazing choreography and costumes. Our annual Vail Invitational Competition (45 years running) is now seeing its third generation of families participate and compete from all over the country. Our competition has been part of the National Qualifying Series for aspiring Olympians multiple times. The competition raises thousands of dollars for skating scholarships and additional programming, to ensure all skaters in the Valley that want to participate can become aspiring figure skaters! It also supports the TOV economy. Most importantly, we strive to support our local athletes achieve their personal goals and instill in them the values the sport of figure skating offers. Your donation helps enable many of our local athletes who would struggle to afford the ever-increasing cost of figure skating (coaching fees, new skates can easily cost over $1,000, costumes also can run up to $3,000). We appreciate the TOV's continued support! 371 Address PO Box 416 Vail, CO 81658 Work Phone (847) 571-7979 Organization's Tax Status Non-profit 501(c)3 Funding Request What is the name of your event or program? Vail Invitational Competition (annually - July) Is this a new event or program?No How many years has this program been produced in Vail? 40 In-Kind Contribution Requested Requesting ice time to support our competition AND/OR ice show (spring) Please describe the timeframe of your event/program. If applicable, please list the specific date(s). If a specific date has not yet been selected, please indicate the dates of interest. We are open to in-kind ice in ANY form or timing. Ideally it would support: 1. Annual SCV Ice Show (spring - dates TBD but usually April) 2. Annual SCV Competition - Vail Invitational (summer - dates TBD) Describe how the contribution requested will be used. The contribution of ice will help offset costs of ice show and/or competition time. With rising costs and inflation, in-kind ice donation is the only way for us to effectively put on this programming for our local skaters (many of which reside in the TOV and neighboring mountain communities). In putting on these events, we can bring many people to the TOV, helping to support the economy. We often draw hundreds of people - skaters plus their families! Have you received an in-kind contribution from the Town of Vail for this event/program previously? Yes What was the previous in-kind contribution from the Town of Vail? Dobson Ice 372 When was the most recent date of the event/program for which you previously received an in-kind contribution from the Town of Vail? Apr 13, 2024 Please describe the location(s) of the program in previous years. Dobson Ice Arena SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 1000 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 0 Please list your confirmed sponsors or partners TBD - varies each year Generally our families are able to seek donations and sponsorships from local businesses that range from $25-$500. Town of Vail is the only sponsor for in-kind ice donations, which is greatly appreciated! ADDITIONAL INFORMATION How does your request support the Contribution Policy (See above)? We are extremely GRATEFUL for the Town of Vail's continued support of the Skating Club of Vail. We are constantly working to grow our membership and provide a pathway for our youth that go through the Learn to Skate programming. We work to provide opportunities for young athletes to grow in the sport of figure skating. Due to the relatively small size of our club, the assistance from the TOV is of the utmost importance to put on important programming. We would not be able to put on the events beloved by the community without TOV support. 373 Are there any other things you'd like to share with staff that are not included in the application? Many of our skaters are traveling far distances to support continued training during the Dobson renovation. We are so thrilled and excited for the future of figure skating at Dobson and cannot wait to support the new facility once it re-opens! Figure skating is an incredible support that allows our youth to develop discipline and resilience, two critical skills for our local youth to thrive and be successful in life. Thank you so much for your consideration and we look forward to your decision. 374 Form Name: Council Contribution Request- In-Kind Submission Time: June 24, 2025 7:57 am Browser: Chrome 137.0.0.0 / Windows IP Address: 63.228.86.100 Unique ID: 1356091745 Location: 39.6469, -106.9517 Town of Vail Council Contribution Request- In-Kind Organization Name Special Olympics-Vail Valley Dream Ski Team Contact Name Kathleen Mikolasy Title of Contact Head Coach and Volunteer Coordinator Contact Email chilihorse@hotmail.com Program and/or organization website specialolympicsco.org Number of years organization has been in business 55 Organization Mission Statement The mission of Special Olympics Colorado (SOCO) is to provide year round sports training and athletic competitions in a variety of Olympic type sports for children and adults with developmental disabilities, six years of age and older, giving them continuing opportunities to develop physical fitness, demonstrate courage, experience joy and participate in a sharing of gifts, skills and friendships with their families, other Special Olympic Athletes and the Community. Address PO Box 4324 Edwards, CO 81632 Work Phone (970) 390-3816 Organization's Tax Status Non profit (501C-3) Funding Request What is the name of your event or program? Special Olympics Vail Valley Dream Team Is this a new event or program?No How many years has this program been produced in Vail? 29 In-Kind Contribution Requested 56 parking passes in either the Vail Parking Structure or Lionshead Parking Structure for the ski season starting Sunday, January 4, 2026 and for each Sunday thereafter through the ski season. 375 Please describe the timeframe of your event/program. If applicable, please list the specific date(s). If a specific date has not yet been selected, please indicate the dates of interest. The Vail Valley Dream Team will be skiing each Sunday, starting January 4, 2026, and each Sunday thereafter through the ski season. Describe how the contribution requested will be used. The parking passes will be used for our dedicated Volunteers who ski with our Athletes every Sunday beginning 1/4/26 this upcoming ski season. These Volunteers, some who have been volunteering with the Special Olympics Team for over 20 years, are not only Volunteers, but they are friends of the Athletes and enjoy enormously skiing with our Athletes each Sunday as we train for our Regional and State Competitions. If we do not receive in-kind donations of parking passes our Volunteers would have to pay for parking on the Sundays of our training days. This would not stop us from having our ski team, however, it would financially impact our Volunteers and we would possibly lose some of our faithful and loyal Volunteers and would maybe prevent us from recruiting new Volunteers. Have you received an in-kind contribution from the Town of Vail for this event/program previously? Yes What was the previous in-kind contribution from the Town of Vail? 56 parking passes When was the most recent date of the event/program for which you previously received an in-kind contribution from the Town of Vail? Jan 05, 2025 376 Please describe the location(s) of the program in previous years. We start our training sessions the first Sunday in the month of January at Vail Mountain each year. In the past our Athletes and our Volunteers have gathered at either Gold Peak or Lionshead. We gathered at Lionshead during the Covid years so that we would not have to take a crowded bus over to Gold Peak where we typically ski out of. Since our parking passes are usually for the Lionshead structure we typically take the bus from Lionshead and meet at Gold Peak where we have an indoor meeting place. It would be more convenient for us to have parking passes for the Vail Village Parking Structure but we so appreciate whatever works for the Town of Vail. Thank you. SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 0 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 23345 Please list your confirmed sponsors or partners The $23,345 is a combination of what we received in in-kind donations from the Town of Vail and Vail Resorts Epic Promise Program . We received $21,105 in in-kind donations from Vail Resorts Epic Promise program for lift tickets, gondola passes and drink coupons and $2,240.00 in in-kind donations for our 56 parking passes. ADDITIONAL INFORMATION 377 How does your request support the Contribution Policy (See above)? In your mission statement you state that in order to be the premier international mountain resort community you are committed to growing a vibrant, diverse economy and community, providing our citizens and guests with exceptional services and an abundance of recreational, cultural and educational opportunities. Our Special Olympics Ski Team, the Vail Valley Dream Team, certainly fits in the diverse community. Our Community has many Special Needs Adults , some of who actually work for Vail Resorts and many of other stores in our Valley, including City Market, Home Depot, Safeway, Christy Sports, The Vail Golf Course, Northside Kitchen and other retail establishments. Because we have a Special Needs population in our Community it is a wonderful thing that they have not only been accepted in our Community, but also are valuable and positive members of the Vail Valley. They are some of the most responsible workers and contribute to giving exceptional service to not only our citizens here in the Vail Valley but also to our guests who come from near and far. Are there any other things you'd like to share with staff that are not included in the application? I would like to thank the Town of Vail for always providing parking passes to Special Olympics/Vail Valley Dream Team. It has allowed us to recruit new Volunteers for our Sunday skiing while keeping the dedicated and caring Volunteers that we have had for so many years. Without your help it would be difficult for us to recruit Volunteers and to keep the Volunteers that we have. I have personally volunteered with this Team for 26 years and having parking provided to us has been a huge benefit. Again, thank you for your continued support!!! 378 Form Name: Council Contribution Request- In-Kind Submission Time: June 5, 2025 4:19 pm Browser: Chrome 136.0.0.0 / Windows IP Address: 75.71.76.14 Unique ID: 1351012210 Location: 39.997, -105.0974 Town of Vail Council Contribution Request- In-Kind Organization Name Foresight Ski Guides Contact Name Christine Holmberg Title of Contact Executive Director Contact Email christine@foresightskiguides.org Program and/or organization website www.foresightskiguides.org Number of years organization has been in business 24 Organization Mission Statement Foresight promotes safety, fun, and independence for people with blindness or low vision and cultivates an individual's unlimited potential. Foresight does this through accessible and goal-oriented outdoor adaptive experiences. Vision Foresight provides world-class adaptive experiences for people with blindness or low vision. Foresight transcends personal, societal, attitudinal, and physical barriers. Foresight's core values o Diversity, Equity & Inclusion o Accessibility o Integrity, Dignity & Respect o Confidence & Independence o Health & Fitness o Pursuit of Excellence o Safety o Fun Address PO Box 882 Vail, CO 81658 Work Phone (303) 506-3859 Organization's Tax Status 501c3 Funding Request 379 What is the name of your event or program? Guided Ski Program for Visually Impaired Is this a new event or program?No How many years has this program been produced in Vail? 24 In-Kind Contribution Requested Two Vail Village unrestricted parking passes for the 2025-26 ski season Please describe the timeframe of your event/program. If applicable, please list the specific date(s). If a specific date has not yet been selected, please indicate the dates of interest. Foresight operates during the entire ski season from opening day to closing day. Describe how the contribution requested will be used. The donated parking passes are used by volunteer ski guides on days they are out guiding blind and low vision individuals on Vail Mountain or going through training to become a guide. Passes are sometimes used by chaperones/companions of our visually impaired skiers who drove the skier to Vail. The Executive Director will also occasionally use a pass while managing the program at Golden Peak Lodge. Have you received an in-kind contribution from the Town of Vail for this event/program previously? Yes What was the previous in-kind contribution from the Town of Vail? Two complimentary Employee Plus parking passes When was the most recent date of the event/program for which you previously received an in-kind contribution from the Town of Vail? Dec 02, 2024 Please describe the location(s) of the program in previous years. Foresight's guided ski program is based at Golden Peak Lodge. We meet there then ski all over Vail Mountain. SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 5000 380 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 285588 Please list your confirmed sponsors or partners Vail Resorts/Epic Promise Qdoba Hitchcock Health Institute Vail Edwards Rotary ADDITIONAL INFORMATION How does your request support the Contribution Policy (See above)? Foresight Adventure Guides for the Blind is an ideal organization for the Town of Vail to support. We are a nonprofit promoting diversity and inclusivity by providing access to outdoor recreation in Vail for the blind and low vision community. By supporting Foresight, Vail is also supporting the visually impaired by welcoming them to Vail's hotels, restaurants, ski resort, and hiking trails. Locals and visitors are exposed to this community and see for themselves how capable they are of participating in the same activities they are, with some assistance. Our participants come from most racial and ethnic backgrounds, several identify as LGBTQ, and all have a disability. Foresight brings this diverse group of adults and youth to Vail when they would likely go elsewhere. Adults return year after year and some even multiple times during ski season. They often travel with family or friends. They stay in our hotels, dine in our restaurants, and shop in our stores. Visually impaired youth who participate in our Learn to Ski program are groomed to become proficient skiers so when they are older, they will return to Vail year after year. Foresight provides unique and satisfying give-back opportunities to the Vail community through its volunteer program. Ask any of our guides and they will tell you they are the ones who benefit from working with our blind and low vision participants. Every day we are on the mountain, strangers approach to thank us for what we are doing. 381 Are there any other things you'd like to share with staff that are not included in the application? Thank you for always supporting Foresight with two complimentary parking passes. It really does make an impact with our volunteers. They are so generous with their time, often taking vacation days from work to be able to volunteer with us. Providing them with a parking space means one less thing for them to worry about so they can focus their energy on our visually impaired program participants. We try to avoid guiding during major holiday periods but sometimes it can't be helped as that's when families travel. We also try to avoid weekends but more and more we are receiving requests for weekends as that is when individuals/families can get away from work. This past season our (2) parking passes were valid in Vail Village Monday - Thursday and in Lionshead Friday-Sunday (Peak Season). We would be grateful for full complimentary access to Vail Village all season long since our program operates out of Golden Peak Lodge. But I appreciate how busy the Vail structure is on weekends. We are honored to be able to run this amazing program in Vail and share with as many people as possible just how special this community is. 382 Form Name: Council Contribution Request- In-Kind Submission Time: June 25, 2025 11:08 am Browser: Chrome 137.0.0.0 / OS X IP Address: 172.103.39.124 Unique ID: 1356600121 Location: 38.7369, -108.0651 Town of Vail Council Contribution Request- In-Kind Organization Name SOS Outreach Contact Name Courtney Rawson Title of Contact Eagle County Program Manager Contact Email grants@sosoutreach.org Program and/or organization website www.sosoutreach.org Number of years organization has been in business 32 Organization Mission Statement SOS Outreach (SOS) changes young lives building character and leadership in underserved youth through mentoring outdoors. Address 450 Miller Ranch Rd. Edwards, CO 81632 Work Phone 16072371891 Organization's Tax Status 501c3 Funding Request What is the name of your event or program? Eagle County Mentor Program Is this a new event or program?No How many years has this program been produced in Vail? 32 In-Kind Contribution Requested 25 Vail Parking passes for the 2025/26 Winter Season Please describe the timeframe of your event/program. If applicable, please list the specific date(s). If a specific date has not yet been selected, please indicate the dates of interest. SOS programs take place in the winter season, as all program activities are aligned to the ski season in partnership with Vail Mountain. Program registration begins in October and the program season extends through April. SOS has not yet finalized the program schedule for the 2025 -2 026 program season, so exact dates on the mountain haven't yet been determined. 383 Describe how the contribution requested will be used. SOS Outreach respectfully requests 25 individual in-kind day parking passes to support our youth development programs on Vail Mountain during the 2025-2026 winter season. Headquartered in the Vail Valley, SOS empowers underserved youth by providing access to outdoor adventure sports such as skiing and snowboarding. These experiences are made possible through scholarships that remove the financial barriers often associated with snow sports. In the 2024 - 2025 winter season, we served 227 youth on Vail Mountain. Support from the Town of Vail in the form of parking passes has been critical in reducing transportation and logistical challenges. Before this partnership, program staff were required to arrive as early as 7:00 AM to unload gear for 15 to 40 youth, then move vehicles to distant lots-resulting in a significant loss of time and efficiency. Thanks to the Town's continued in-kind support, our staff are able to provide timely access to properly sized gear, ensuring participants remained warm, dry, and safe throughout the day. Continued support will allow us to eliminate logistical hurdles and further enhance the quality and impact of our programs. Have you received an in-kind contribution from the Town of Vail for this event/program previously? Yes What was the previous in-kind contribution from the Town of Vail? 25 parking passes annually When was the most recent date of the event/program for which you previously received an in-kind contribution from the Town of Vail? Jan 01, 2025 Please describe the location(s) of the program in previous years. Vail Mountain SPONSORSHIPS & PARTNERSHIPS 384 What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 0 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 0 Please list your confirmed sponsors or partners n/a ADDITIONAL INFORMATION How does your request support the Contribution Policy (See above)? SOS aligns closely with the Town's core mission, sharing a commitment to fostering a vibrant, inclusive economy and community. By providing local youth with meaningful access to recreational opportunities, SOS plays a vital role in this vision. Without the organization's support, many young people in Eagle County would be unable to experience the ski mountains in their own backyard-often due to financial, cultural, or socio-economic barriers. To address this, SOS offers scholarships covering up to 100% of program costs and actively works to reach underrepresented youth. Currently, 65% of participants identify as Hispanic/Latino. Through this targeted support, SOS not only opens doors for individual youth but also strengthens the fabric of the entire community. Are there any other things you'd like to share with staff that are not included in the application? Thank you for your continued support that makes a tremendous impact on our program operations. 385 Form Name: Council Contribution Request- In-Kind Submission Time: June 20, 2025 9:24 am Browser: Chrome 135.0.0.0 / OS X IP Address: 50.205.121.50 Unique ID: 1355173643 Location: 42.415, -71.1061 Town of Vail Council Contribution Request- In-Kind Organization Name Vail Mountain School Contact Name Kelly Ronquist Title of Contact Advancement Coordinator Contact Email kronquist@vms.edu Program and/or organization website vms.edu Number of years organization has been in business 62 Organization Mission Statement Educating and elevating humans for good. Address 3000 Booth Falls Rd Vail, CO 81657 Work Phone (970) 477-7174 Organization's Tax Status Exempt - 84-0533775 Funding Request What is the name of your event or program? 50th Gala and Auction / Ski Days Is this a new event or program?No How many years has this program been produced in Vail? 49 In-Kind Contribution Requested 1 Donovan Pavilion Rental and 10 Parking Pass for Vail Please describe the timeframe of your event/program. If applicable, please list the specific date(s). If a specific date has not yet been selected, please indicate the dates of interest. Donovan Pavilion Rental - anytime in 2026 Our Gala will be on April 4, 2026 Parking Passes - Ski season 25-26 386 Describe how the contribution requested will be used. Donovan Pavilion Rental - would be used as either a silent auction item in our 50th Gala or for a thank you event for donors and volunteers. Parking Passes - would be used for our staff that stay at the base on school ski days and help with any injuries or lost students. Have you received an in-kind contribution from the Town of Vail for this event/program previously? Yes What was the previous in-kind contribution from the Town of Vail? Donovan Pavilion Rental for silent auction When was the most recent date of the event/program for which you previously received an in-kind contribution from the Town of Vail? May 04, 2024 Please describe the location(s) of the program in previous years. For silent auction item in 2024 Gala - which was held at the Hythe Vail SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? 87000 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 80000 Please list your confirmed sponsors or partners Sponsors will not be reached out to until Nov 2026 ADDITIONAL INFORMATION 387 How does your request support the Contribution Policy (See above)? Educational Excellence: VMS provides high-quality education and character development to students from across the valley, many of whom become engaged citizens, community leaders, and contributors to the local economy. Community Access: The school opens its facilities and programs to the broader public-through camps, lectures, athletic events, and arts performances-thus serving a much wider population than just enrolled students. Are there any other things you'd like to share with staff that are not included in the application? Thank you! 388 Form Name: Council Contribution Request- In-Kind Submission Time: September 4, 2025 2:14 pm Browser: Chrome 139.0.0.0 / Windows IP Address: 65.133.101.130 Unique ID: 1377721172 Location: 39.6313, -106.5108 Town of Vail Council Contribution Request- In-Kind Organization Name Vail Valley Foundation Contact Name Peggy Wolfe Title of Contact Sr. Director, Operations Contact Email pwolfe@vvf.org Program and/or organization website Birds of Prey Number of years organization has been in business 44 Organization Mission Statement The Vail Valley Foundation is a nonprofit organization with a mission to provide life-enriching experiences in arts, athletics, and education, while addressing community needs to enhance our valley as a place to live, work and visit. Address 90 Benchmark Road Suite 300 PO Box 6550 Avon, CO 81620 Work Phone (970) 390-4158 Organization's Tax Status non profit Funding Request What is the name of your event or program? Birds of Prey Is this a new event or program?No How many years has this program been produced in Vail? 23 In-Kind Contribution Requested Bus support 389 Please describe the timeframe of your event/program. If applicable, please list the specific date(s). If a specific date has not yet been selected, please indicate the dates of interest. Dec 4 - 7, 2025 8:00 am - 4:00 pm* *end time TBD based on needs Describe how the contribution requested will be used. Town of Vail has been a great supporter of Birds of Prey, on and off, for the past 10+ years by providing bus support to the event. The VVF is requesting 1-2 Town of Vail busses (with drivers) to support the Beaver Creek bus service from the Elk and Bear parking lots to Beaver Creek Village (dropping at Vilar). Additional partners include CORE Transit and the Town of Avon. Beaver Creek busses/drivers focus on transporting spectators, athletes, media and staff from the Covered Bridge in Beaver Creek Village to the Red Tail Stadium finish near Talons Restaurant. Have you received an in-kind contribution from the Town of Vail for this event/program previously? Yes What was the previous in-kind contribution from the Town of Vail? Same as above When was the most recent date of the event/program for which you previously received an in-kind contribution from the Town of Vail? Dec 03, 2024 Please describe the location(s) of the program in previous years. Same as above SPONSORSHIPS & PARTNERSHIPS What is the dollar $ amount of sponsorships and/or partnerships from other sources reflected in the program budget? -2750000000 What is the dollar $ amount of in-kind services or items provided from sponsors or partners? 250000 390 Please list your confirmed sponsors or partners https://bcworldcup.com/partners/ ADDITIONAL INFORMATION How does your request support the Contribution Policy (See above)? Supports the Vail Valley community Are there any other things you'd like to share with staff that are not included in the application? no 391 Vail Valley Mountain Trails Alliance PO Box 3986 Avon, CO 81620 www.vvmta.org How does VVMTA’s efforts related to the new stewardship crew fit into the larger picture of trail/land management management in Eagle County? Specifically, what other organizations are providing similar functions, and how does VVMTA’s efforts work in conjunction with other organizations that have similar goals? VVMTA leads the majority of on the ground trail and land stewardship work in Eagle County. In 2025, we employed 26 seasonal crew members, which was nearly four times larger than the Forest Service’s field presence to manage recreation impacts. Since the Forest Service was prohibited from hiring seasonal staff, we also hired three seasonal full time staff to support the their OHV program. Alongside our professional crews, we engaged more than 1,500 volunteers who contributed over 3,800 hours of trail maintenance and stewardship work in 2025. By combining the expertise of trained staff with the passion and commitment of volunteers, we greatly expand our reach and impact, completing far more work across Eagle County than either group could achieve alone. The situation we are in regarding Forest Service reductions in staff and resources is not one we want. Our goal has always been to support and strengthen the Forest Service’s work, not replace it. Unfortunately, the current reality, and what we anticipate in the near future, reflects continued reductions in capacity and resources. The Forest Service is an important and valued partner of ours. Their local staff are passionate advocates for trails and public land management and are deeply engaged members of our community. We strive to support them however we can to maintain and manage these shared public resources. However, in 2025 the Forest Service was unable to hire any seasonal employees, and their 2026 budget is anticipated to decrease further. To maintain the Front Country Ranger program in 2024, Eagle County Open Space contracted Rocky Mountain Youth Corps. While this provided effective short term coverage, it does not build a retained, locally trained workforce capable of delivering consistent, high quality results year after year. More than anything, we want to ensure that the Front Country Ranger program or a version of it continues to exist and thrive in 2025 and beyond. It is a highly valuable and successful program that plays a vital role in protecting our trails and public lands. Best case scenario, the Front Country Ranger program continues in 2026 and our crew is able to support them however they are needed. At a minimum, our crew would complement the Front Country Ranger program by also performing work on BLM, municipal, and county public lands, expanding the program’s reach and creating a greater impact county wide. Looking at the Front Country Ranger program county wide, its current structure limits it to performing work only on Forest Service lands. The crew we are building would operate without those boundaries, able to perform work across Forest Service, Bureau of Land Management, county, municipal, and all other public lands in Eagle County. VVMTA is building the foundation 392 Vail Valley Mountain Trails Alliance PO Box 3986 Avon, CO 81620 www.vvmta.org and leading the effort to establish a dedicated local crew that will carry forward the essential work historically done by the Front Country Rangers, ensuring consistent, professional stewardship across all of Eagle County for years to come. The Bureau of Land Management’s Colorado River Valley Field Office has a single recreation staff member responsible for 567,000 acres spanning six counties, relying heavily on partners like VVMTA to address recreation impacts. The BLM does not employ or operate a seasonal crew program, and there is a current proposal to further reduce BLM staff across Colorado, which would significantly impact their on the ground capacity even more. Other partners contribute important work as well. Eagle Summit Wilderness Alliance operates an all volunteer program focused on wilderness areas and helped fund a Forest Service intern, again highlighting limited federal capacity. Vail Trail Hosts serve as valuable ambassadors for trail users but focus primarily on guest services and parking, not physical trail or land management. Eagle County Open Space and the Town of Eagle manage trails only on lands they own and manage, with the Town of Eagle’s program staffed by just 1.5 employees. We regularly partner with both to provide additional on the ground support. Walking Mountains provides essential education programs that connect people to nature and promote environmental awareness. Eagle Valley Land Trust protects critical lands for future generations, ensuring access and conservation for the long term. The Eagle River Coalition plays a vital role in keeping our rivers clean and healthy. Wilderness Workshop provides valuable advocacy for new Wilderness areas and land protections. While each of these organizations serves an important purpose in the larger picture of conservation, none are performing the direct, on the ground work needed to address the recreation impacts caused by the hundreds of thousands of visitors and locals who use our trails and public lands every summer. VVMTA is building the foundation for a long term, sustainable stewardship model that invests in local people, develops skilled crews who return each season, and provides consistent, professional care for Eagle County’s trails and public lands now and into the future. The Council expressed potential interest in a “challenge” based contribution to encourage other municipalities to match a potential Town contribution. We strongly support the idea of a “challenge” contribution to inspire other municipalities to match the Town’s investment. We welcome discussions to define the details, including the amount of funding, timelines, and how crew time would be allocated among municipalities. Because much of the recreational use and related impacts occur in and around the Town of Vail, a proportional share of time and resources would be focused there. Clear expectations and transparency will ensure the program benefits the entire valley. We share the belief that a rising 393 Vail Valley Mountain Trails Alliance PO Box 3986 Avon, CO 81620 www.vvmta.org tide lifts all boats and view this as an opportunity to strengthen stewardship across the broader community. Could you please let us know the status of your requests to other organizations? Have you already made the asks of the other municipalities, and have any made a commitment yet? We have submitted funding requests to the Towns of Minturn, Avon, Eagle, and Gypsum, as well as to Eagle County. Like the Town of Vail, these municipalities are still finalizing their budgets, and no formal commitments have been made. However, based on our ongoing conversations and strong partnerships, we anticipate funding and support in some form from each of them as their budgets move toward approval. 394 Town of Vail – 2026 Proposed Budget – Attachment E DATE: November 18, 2025 SUBJECT: Departmental Service Level Increases During the First Reading of the 2026 Budget, Council requested a summary of service level increases departments have undertaken over time related to new FTE requests. Staff has included a high-level summary of the most impactful service increases within the past ten years below. Department Description Facilities 94% increase in Work orders since 2015 (2025: 4,298) New facilities: Ford Park Art Studio, 5 Additional Bus Shelters, Expanded PW Shops, 22 Employee Housing Units since 2022 (33% increase in 3 years) Fleet 11.4% increase in overall fleet vehicle mileage from 2016-2024 (2024: 1,511,021 miles) Electrification of buses and vehicles leading to increase learning curve on repair and maintenance Increased maintenance on buses as a result of improved service, including Summer Enhanced service (2025) and anticipated grant- funded service enhancements (2026) Transit Ongoing service increases to accommodate increased demand related to managed parking, new employee housing units and to provide a world-class experience. Special Event Buses (Lionshead-Vail Village-Ford Park) West Vail Express & East Vail (Hikers) Express Routes Real-Time GMV Syncromatics bus time information Fire Implementation of STR Inspections beginning in 2023 Increased inspections for operational permits as required by fire code updates beginning in 2025 (ie special events, tents, mobile food trucks or trailers, combustible dust-producing operations, etc.) Curbside wildfire evaluations (500 annually) Fire Free Five Grant Program (~30 per year) Finance Creation of four new funds (Housing, Internal Employee Housing, RMV, Vail Home Partners) Five debt issuances since 2020 & related ongoing compliance Increasing demands from new/updated accounting standards, increased employee count, etc Implementation of Short Term Rental program 395 Town of Vail – 2026 Proposed Budget – Attachment E Page 2 Department Description Police Increased steps for each officer-initiated contact (SB 20-217 / HB 21- 1250 – 20 additional data documentation fields) beginning in 2021 Increased Training mandates reducing shift availability (active-shooter response, de-escalation, etc) Vail E-Courier Program support / enforcement beginning in 2023 Chain Law Enforcement Deployments beginning in 2025 Officer initiated Traffic stops: Over 2,000 in 2025 (Up >30% since 2023) Investigations Caseload: Up ~40% over last 10-years Vail Pass closures: 47 in Winter 24-25 (up from 18 in 2022-2023) Citations/Warnings Issued: Est. 3,000 for 2025 (Up >17% since 2023) 396 Town of Vail – 2026 Proposed Budget – Attachment F DATE: November 18, 2025 SUBJECT: Childcare Contribution Funding During the First Reading of the 2026 Budget, Council requested a summary of anticipated uses of the Childcare contribution placeholder, which is funded by Tobacco Tax. This information is included below: Program Budget EVCC Annual Contribution (Infant Care) 70.0K Family Scholarships/TOV Employees 140.0K Teacher Retention 60.0K Capital 25.0K Expansion of early childcare 10.0K Immediate Health and Safety Concerns 20.0K EVCC Playground Council Contribution 149.2K Contingency (Approval by Council needed) 55.4K Total $529,600 Any funding not utilized during the year will be added to the Childcare Program Funding reserve. This reserve currently has a balance of $2,032,179. 397 2026 PROPOSED BUDGET: 2nd READING FINANCE | November 18th, 2025 398 2 BUDGET PREVIEW | Agenda Town of Vail | Finance •Review Budget Philosophies •Overview & Reserves •Revenue Summary •Expenditures Summary •General Fund •Benefits/Personnel •Contributions and Events •Capital Expenditures •Other Funds •Debt Service •Recap 399 4 BUDGET PREVIEW | Budget Philosophies Town of Vail | Finance •Revenues are projected conservatively using economic, analytical and trending processes •Annual Budgets shall be balanced; The town will operate within annual revenue streams with the following exceptions: •Recession plan implementation •One-time costs such as capital investments, planning projects, special events, and contributions. •Revenue and expenditures are monitored on an ongoing basis to ensure expenditures do not exceed appropriations 400 5 BUDGET PREVIEW | Budget Philosophies Town of Vail | Finance •Sales tax split between the General Fund and Capital Projects Fund is recommended to stay at the current split of 62% to the General Fund and 38% to the Capital Projects Fund •Maintain a reserve minimum balances to enable the town to withstand unforeseen events and economic downturns: •25% of General Fund revenues •25% of Capital Projects Fund Sales Tax Revenues •$2.0M minimum balance in Real Estate Transfer Tax Fund (approximately 25% of RETT operating costs) 401 8 TM BUDGET | Budget Building Town of Vail | Finance A conservative approach to revenue projections and expenditures to ensure financial stability A commitment to maintaining a sustainable budget over the long term A focus on rebuilding reserves while still making progress towards strategic plan goals after several years of planned use to support major projects such as South Frontage Road improvements, Timber Ridge redevelopment and purchase, and the Dobson Arena renovation Flexibility to adapt to future decisions by a new Town Council and updates to the strategic plan Continued support for a premium and flexible compensation philosophy to attract and retain talent 402 10 TM BUDGET | Overview Town of Vail | Finance •2026 Revenues projected at $142.0M •2026 Revenues Projected at $106.7 Excluding One-Time Revenues •(2.0)% decrease from 2025 Forecast •(6.8)% decrease from the 2024 Actuals •General Sales Tax projected at $42.4M, down (1.2)% from the 2025 forecast and up 0.4% from 2024 actual •Expenditure Net Budget of $135.7M •Municipal Services: $81.9M (61%) •Capital Expenditures: $48.0M (35%) •Debt Service: $5.8M (4%) •Projected 2026 Year End Reserves: $91.2M ($46.3M Unrestricted) 403 TM BUDGET DRAFT | Reserves Town of Vail | Finance *Restricted amounts include reserve minimums, debt requirements, and amounts reserved for specific purposes (EHOP, parking capital reserve, etc) $160.5M $165.8M $173.9M $144.2M $84.8M $91.2M $91.9M $102.9M $103.7M $107.7M $18.6M Restricted: $20.8M Restricted: $22.2M Restricted: $24.9M Restricted: $46.4M Restricted: $44.8M Restricted: $38.8M Restricted: $39.7M Restricted: $42.2M Restricted $44.8M $0.0M $20.0M $40.0M $60.0M $80.0M $100.0M $120.0M $140.0M $160.0M $180.0M $200.0M 2021 2022 2023 2024 2025 Forecast 2026 2027 2028 2029 2030 TOV Reserves- All Funds All Other Housing Fund RETT Fund Capital Projects Fund General Fund Restricted Reserve Amounts 404 TM BUDGET DRAFT | Reserves Town of Vail | Finance $104.9M $27.6M $36.8M $44.8M $55.0M $53.5M $55.2M $0.0M $20.0M $40.0M $60.0M $80.0M $100.0M $120.0M 2024 Actual 2025 Forecast 2026 2027 2028 2029 2030 Available (Less Restricted) Reserves by Fund: 5-Year Projection Internal Employee Housing Rental Fund Housing Fund RETT Fund Capital Projects Fund General Fund 405 13 TM BUDGET DRAFT | Revenue Town of Vail | Finance 2026 Net Revenue – All Funds $142.0M 2026 Total Revenues (excluding one- time items) are down (2.0)% from 2025 Forecast and down (6.8)% from 2024 Actuals Sales Tax, $47.8M, 34% Property and Ownership Tax , $8.3M, 6% Use Tax, $2.5M, 2% Ski Lift Tax , $6.9M, 5% Franchise Taxes and Penalties, $1.9M, 1% Real Estate Transfer Tax, $7.8M, 6% Licenses and Permits, $3.9M, 3% Intergovernmental Revenue, $5.5M, 4% Transportation Centers, $10.5M, 7% Charges for Services, $4.7M, 3%Rent, Fines & Miscellaneous, $11.7M, 8%VRA Reimbursements, $6.2M, 4% Timber Ridge Proceeds & Reimbursements, $22.7M, 16% Earnings on Investments, $1.6M, 1% 406 14 TM BUDGET DRAFT | Expenditures Town of Vail | Finance Changes Since 1st Reading – Revenue •Estimated property tax collections for 2026 have been increased by $53,616 upon further refinement of preliminary figures provided by Eagle County •The scheduled repayment from the Vail Mountaineer Hockey Club ($60,000 per year from 2026 – 2030) for the rink contribution has been reflected in the General Fund •The town contributed $456.0K in 2025 of which $300K will be repaid over 5 years •The contribution will be reflected in the 3rd supp 407 TM BUDGET DRAFT | Expenditures Town of Vail | Finance 408 18 TM BUDGET DRAFT | Expenditures Town of Vail | Finance 2026 Total Expenditures - $135.7M Expenditures Cost % from 2025 Amended Municipal Services $81.9M 2.5% Debt Service $5.8M 21.8% Timber Ridge Unit Purchases $23.4M N/A Other Capital Expenditures $24.6M (87.1)% Total $135.7M (50.6)% Municipal Services, $81.9M, 61% Other Capital Improvements, $24.6M, 18% Timber Ridge Unit Purchases, $23.4M, 17% Debt Service, $5.8M, 4% "Where the Money Goes" - Spending by Expenditure Type 409 19 TM BUDGET DRAFT | Expenditures Town of Vail | Finance 2026 Municipal Spending - $81.9M By Category Municipal Spending Category Cost Salaries $38.9M Benefits $12.3M Contributions $4.0M Special Events $3.0M All Other Operating $23.7M Total $81.9M Municipal spending: $81.9M Salaries, $38.9M, 47% Benefits, $12.3M, 15%Contributions , $4.0M, 5% Special Events, $3.0M, 4% All Other Operating Expenses, $23.7M, 29% 410 20 TM BUDGET DRAFT | Expenditures Town of Vail | Finance Changes Since 1st Reading – Municipal Spending •A placeholder for contract with Betty Ford Alpine Gardens landscaping maintenance services at Ford Park has been included in the RETT fund ($45.0K increase) 411 22 TM DRAFT BUDGET | General Fund Town of Vail | Finance 412 TM BUDGET DRAFT | General Fund Town of Vail | Finance Total Increase/Decrease from 2025 Forecast General Sales Tax ($42.3M Total)$26.5M (1.2)% Other Revenues $39.1M 0.3% Operating Expenditures ($63.5M)3.9% Surplus/(Deficit) from Operations $2.1M Non-Operating Items Planning Projects ($150.0K)(88.9)% Special Events Transfer to VLMD ($2.7M)6.5% Timber Ridge Sales Reimbursement $20.3M N/A Partial Loan Repayment from CPF for Dobson $5.0M N/A Transfer to HF (TR Community Units)($13.7M)N/A Surplus/(Deficit)$10.9M Parking Capital Reserve Contribution ($2.0M)(67.9)% Ending Fund Balance (Non-restricted)$28.3M 45.4% 413 TM BUDGET DRAFT | General Fund Forecast Town of Vail | Finance •Operational Expenditures do not include one-time items such as planning projects, special event transfers, and housing project transfers •New revenue sources may be necessary in future if expansion of operations and programs are desired $65.7M $66.9M $68.7M $70.3M $72.3M $50.0M $55.0M $60.0M $65.0M $70.0M $75.0M 2026 Proposed Budget 2027 2028 2029 2030 General Fund 5-Year Outlook Operating Expenditures Special Events Contribution Projected Revenue Operations are substantiable within the 5 year plan 414 TM BUDGET DRAFT | Personnel Town of Vail | Finance 415 27 TM BUDGET DRAFT | Personnel Town of Vail | Finance Salary, $38.9M, 76% Benefits, $12.3M, 24% 2026 Proposed Personnel Expenditures: $51.2M 416 28 TM BUDGET DRAFT | Personnel Town of Vail | Finance 14.1%, Police 8.1%, Public Safety Communications 14.8%, Fire 2.0%, Town Officials 10.3%, Administrative / Risk Management 13.7%, Transportation 4.1%, Parking 10.7%, Public Works & Streets 7.9%, Facilities & Fleet Maintenance 3.5%, Community Development 1.4%, Community Housing 1.5%, Environmental Sustainability 1.9%, Welcome Center & Economic Development 0.6%, Contributions, Marketing, & Special Events 3.0%, Parks & AIPP 2.5%, Library 2026 Proposed Compensation by Service Area: $51.2M 417 30 TM BUDGET DRAFT | Personnel Changes Town of Vail | Finance Catchup The 2026 budget reflects a net 5.61 FTEs added during 2025. •5.5 FTEs related to summer parking and expanded transit (funded by summer parking revenues) •0.11 net FTEs due to restructuring in library and admin services Proposed New Positions The new FTE requests are broken into four categories: •Funded (at least 80%) by new confirmed revenue sources (1.5 FTEs) •Funded by existing general revenue sources (2.96 FTEs) •Dispatch-Funded positions (6.0 FTEs) •Funded (at least 80%) by anticipated new revenue sources (10.0 FTEs) 418 36 TM BUDGET DRAFT | Personnel 257 266 272 277 280 306 308 312 314.7 340.9 42 38 38 43 45 28 28 28 28.9 24.8 11 10 10 11 11 11 11 11 11.0 15.0 0 50 100 150 200 250 300 350 400 450 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 BUDGETED POSITIONS BY TYPE (Full-time Equivalent Positions) Full-Time Regular and Modified Full-Time Seasonal and Part-Time Positions Fixed-Term and Externally Funded Positions 2026 headcount totals: 380.7 •Full time: 340.9 •Seasonal: 24.8 •Externally Funded/Fixed term: 15.0 419 37 TM BUDGET DRAFT | Personnel FTE Growth 4.0% Stax Revenue (Inflation-Adjusted) All Ongoing Revenue (Inflation-Adjusted) -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 2017 2018 2019 2020 2021 2022 2023 2024 2025 Forecast 2026 Proposed FTE Growth vs Revenue Growth (Adjusted to CPI) – from base year 2017 FTE Growth 4.0% Stax Revenue (Inflation-Adjusted)All Ongoing Revenue (Inflation-Adjusted)420 TM BUDGET DRAFT | Contributions and Events Town of Vail | Finance 421 42 TM BUDGET DRAFT | Event Funding Town of Vail | Finance •Event Sponsorship program will continue be administered by VLMD/DMO •Town of Vail will fund the program through transfers to the VLMD ($3.0M) •Transfers from GF ($2.7M) •Business License Fees ($332.5K) Event Sponsorship Program: $3.0M Transfer from General Fund, $2.7M, 89% Business Licensing Fees, $332.5K, 11% 2026 Event Funding Sources 422 43 TM BUDGET DRAFT | Council Contributions Town of Vail | Finance Total Recommended Cash Contributions: $4.0M *Childcare funding is a placeholder and has not been fully allocated; Funded by Tobacco Tax Collections Unspent Tobacco Tax Funds are put into a childcare reserve for future support Town of Vail Partner Organizations, $376.5K, 9.5% Health and Human Services, $65.0K, 1.6% Other Organizations, $7.3K, 0.2% Childcare Funding, $529.6K, 13.3% Habitat for Humanity (Timber Ridge Units), $3.0M, 75.4% 423 44 TM BUDGET DRAFT | Capital Plan Town of Vail | Finance Changes Since TM Draft – Contributions •At direction of Council, the proposed contribution the Vail Valley Mountain Trails Alliance towards the new Stewardship Crew has been included at the full request of $30,000. •This portion of the contribution is contingent upon a minimum of $30,000 in contributions from other local municipalities or private donors being committed to this program. 424 45 TM BUDGET DRAFT | Contributions Town of Vail | Finance Average Childcare Contributions Average Annual Tobacco Tax Revenue/Budget $542.0K EVCC Annual Contribution (Infant Care)60.0K Family Scholarships/TOV Employees 70.5K Teacher Retention 40.0K Capital Varies Reserve Saved Up and Restricted for Childcare: $2,032,179 425 46 TM BUDGET DRAFT | Contributions Town of Vail | Finance Recommendations for 2026 Funds Program Budget EVCC Annual Contribution (Infant Care)70.0K Family Scholarships/TOV Employees 140.0K Teacher Retention 60.0K Capital 25.0K Expansion of early childcare 10.0K Immediate Health and Safety Concerns 20.0K EVCC Playground Council Contribution 149.2K Contingency (Approval by Council needed)55.4K Total $529,600 426 TM BUDGET DRAFT | Capital Plan Town of Vail | Finance 427 TM BUDGET DRAFT| Capital Plan Town of Vail | Finance Repair, Maintenance, and Routine Replacement of Current Assets, $11.6M, 24% New Assets, $11.4M, 24% Enhancements to Existing Assets, $2.5M, 5% Timber Ridge Unit Acquisitions, $22.4M, 47% 2026 Proposed Capital Expenditures (All Funds): $48.0M 428 53 TM BUDGET DRAFT | Capital Plan Town of Vail | Finance Changes Since TM Draft – Capital Projects •Capital Projects Fund: $1.0M has been shifted from the Vail Road Bike Lanes and Sidewalk construction to the Main Vail Underpass Improvement construction (2027) •Staff proposes proceeding with the design of the Vail Road bike lanes and sidewalk project in conjunction with the Vail Valley Drive bike lane project in 2026 (Total cost of designing both projects: $100.0K) •The traffic flow of these two areas are interconnected, and design should be considered jointly 429 TM BUDGET DRAFT | Debt Service Town of Vail | Finance 2021 Residences at Main Vail (RMV), $1.2M 2021 Public Works Streets Building (CPF), $1.2M 2025 Southface Certificates of Participation (CPF), $3.4M 2026 Debt Service Payments - Town of Vail ($5.8M) Series 2020 Tax Increment Revenue Refunding Loan (VRA), $676.1K Southface Revenue Bonds (Vail Home Partners), $7.5M 2026 Debt Service Payments - Component Units ($8.2M) Total Outstanding Debt (TOV & Component Units): $221.5M 430 TM BUDGET DRAFT | Recap Town of Vail | Finance A conservative approach to revenue projections and expenditures to ensure financial stability A commitment to maintaining a sustainable budget over the long term A focus on rebuilding reserves while still making progress towards strategic plan goals after several years of planned use to support major projects such as South Frontage Road improvements, Timber Ridge redevelopment and purchase, and the Dobson Arena renovation Flexibility to adapt to future decisions by a new Town Council and updates to the strategic plan Continued support for a premium and flexible compensation philosophy to attract and retain talent 431 TM BUDGET DRAFT | Recap Town of Vail | Finance 432 TM BUDGET DRAFT | Action Requested Town of Vail | Finance Staff recommends that council approve Ordinance No. 24, Series of 2025 upon Second Reading. 433 AGENDA ITEM NO. 7.3 Item Cover Page DATE:November 18, 2025 TIME:5 min. SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Action Items AGENDA SECTION:Public Hearings (6:20pm) SUBJECT:Ordinance No. 26, Series of 2025, Second Reading, An Ordinance Amending Section 7-8-4 of the Vail Town Code Regarding Designated Areas for the Operation of Golf Cars and Low Speed Electric Vehicles (6:55pm) SUGGESTED ACTION:Approve, approve with amendments, or deny Ordinance No. 26, Series of 2025 upon second reading. PRESENTER(S):Chief Ryan Kenney, Vail Police Department VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Town Council Memo - LSEV.docx Golf Cars LSEVs-O102325.docx Lionshead_LVES_GolfCarts_11x17_20251007b.pdf Village_LVES_GolfCarts_11x17_20251007b.pdf 434 October 28, 2025 To: Vail Town Council Through: Russ Forrest Town Manager Ryan Kenney Chief of Police From: Christopher Botkins Operations Commander Subject: Amending Section 7-8-4 of the Vail Town Code Regarding Designated Areas for the Operation of Golf Cars and Low-Speed Electric Vehicles The Vail Police Department is requesting that Town Council adopt the recommended amendments to Section 7-8-4 of the Vail Town Code regarding the operation of golf cars and low-speed electric vehicles (LSEVs). The proposed ordinance clarifies the definitions of “Golf Car” and “Low-Speed Electric Vehicle” and establishes designated areas where these vehicles may be operated within the Town of Vail. The revisions define specific routes for golf cars used in Vail Golf Course operations, outline where LSEVs may operate on public streets, and specify permitted travel areas surrounding Ford Park. The adoption of these amendments will enhance clarity, promote compliance with state and federal vehicle standards, and improve overall traffic safety and operational consistency within the Town of Vail. 435 11/5/2025 C:\USERS\UFC-PROD\APPDATA\LOCAL\TEMP\BCL TECHNOLOGIES\EASYPDF 8\@BCL@5418AC4C\@BCL@5418AC4C.DOCX ORDINANCE NO. 26 SERIES 2025 AN ORDINANCE AMENDING SECTION 7-8-4 OF THE VAIL TOWN CODE REGARDING DESIGNATED AREAS FOR THE OPERATION OF GOLF CARS AND LOW SPEED ELECTRIC VEHICLES WHEREAS, the Town Council desires to clarify th e locations where golf cars and low speed electric vehicles may be operated. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. Section 7-8-1 of the Vail Town Code is hereby repealed in its entirety and reenacted as follows: § 7-8-1 DEFINITIONS. For purposes of this Chapter, the following terms shall have the following meanings: GOLF CAR. A self-propelled vehicle with: a design speed of less than 20 mph; at least three (3) wheels in contact with the ground; an empty weight of not more than one thousand three hundred (1,300) pounds; and a carrying capacity of not more than eight (8) individuals. LOW -SPEED ELECTRIC VEHICLE (LSEV). A vehicle that: is operated by a licensed driver; is self-propelled utilizing electricity as its primary propulsion method; has at least three (3) wheels in contact with the ground; does not use handlebars to steer; exhibits the manufacturer’s compliance with 49 C.F.R. Part 565 or displays a vehicle identification number pursuant to 49 C.F.R. Part 565; and complies with 49 C.F.R. § 571.500. Section 2. Section 7-8-4 of the Vail Town Code is hereby repealed in its entirety and reenacted as follows: § 7-8-4 DESIGNATED AREAS. (A) Golf cars. Other than their permitted uses on Vail Golf Course property, employees of Vail Golf Course may operate golf cars as follows related to Vail Golf Course operations: (1) On Sunburst Drive from the Vail Golf Course Clubhouse to Vail Valley Drive; (2) On Vail Valley Drive from Sunburst Drive to the crossover from Hole 6 to Hole 7; and (3) Crossing Sunburst Drive between Holes 1 and 2 and Holes 8 and 9. 436 2 11/5/2025 C:\USERS\UFC-PROD\APPDATA\LOCAL\TEMP\BCL TECHNOLOGIES\EASYPDF 8\@BCL@5418AC4C\@BCL@5418AC4C.DOCX (B) LSEVs. An LSEV may be operated upon any public street in the Town where the posted speed limit is thirty-five (35) miles per hour or less, except as otherwise provided in this Chapter, and except in any area marked "No Vehicles Allowed" or "LSEVs Prohibited" on maps maintained by the Vail Police Department, which areas shall be appropriately signed. (C) Ford Park. LSEVs and golf cars may travel on the paved paths immediately surrounding Ford Park and the Gerald Ford Amphitheater, including the two (2) paved parking lots, but may not travel on any sidewalk bordering the South Frontage Road. The Town may limit the total number of golf cars or LSEVs allowed in Ford Park at any time. Section 3. 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 4. 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 t he inhabitants thereof. Section 5. 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 prosec ution 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. Section 6. 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 ___ day of ______________, 2025 and a public hearing for second reading of this Ordinance set for the _____day of ______________, 2025, in the Council Chambers of the Vail Municipal Building, Vail, Colorado. _____________________________ Travis Coggin, Mayor ATTEST: ____________________________ Stephanie Kaufmann, Town Clerk 437 3 11/5/2025 C:\USERS\UFC-PROD\APPDATA\LOCAL\TEMP\BCL TECHNOLOGIES\EASYPDF 8\@BCL@5418AC4C\@BCL@5418AC4C.DOCX READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED this ___ day of ______________, 2025. _____________________________ Travis Coggin, Mayor ATTEST: ____________________________ Stephanie Kauffman, Town Clerk 438 Lionshead Parking Structure Bldg. B E LIONSHEAD CIR S FRONTAGE RD W N F R O N T A G E R D W LIONSHEAD PL W L I O NS HEA D C I R S F R O N T A G E R D W LI O N S H EA D M A L L 680 720 684 610 616 548508 521 452 520 531 555 Bldg. A Bldg. C Bldg. D ICERINK 600 675 !_ !_ !_ ú LionsheadWeclomeCenter LionsheadTransit Center 635 660 380 Æô Æô §¨¦70 §¨¦70 390 395 450 675 675675 350 LSEVs - Lionshead Village 0 100 200Feet IÆô LSEVs Prohibited No Ve hicle s Allowed - Unless o the rw ise permitted by th e C hief o f Police or other designee. Do Not Enter : Restricted to emerge ncy services and Tow n of Vail vehicles, with some exceptions as indicated. 439 Village ParkingStructure CHECKPOINTCHARLIE !e S F R O N T A GE RD W 297 288 286 263 352 292 227-231 281 2 2 5 278 302 2 9 1 244254 2 2 3 242 193 174 200 1 5 8 -1 9 8 201 183 120-126 1 20 100 12 16 141 1 Æô Æô Æô Æô !_ ICERINK Æô 356 386 298 !_ Æô Æô G O R E C R E E K D R H A N S O N R A N C H R D B R I D G E S T Æô 122 62 133 17 Æô Æô WILLOW PL MILL CREEK CHUTE VILLAGE CENTER RD 311 228-232 227392 304 §¨¦70 §¨¦70 68 V A I L R D S FRONTAGE RD E E MEADOW DR GORE CREEK DR BRIDGE ST V A I L V A L L E Y D R E FOREST RD W I L L O W R D W I L L O W B R I D G E R D H A N S O N R A N C H R D BEAVER DAM RD W MEA D O W D R W A L L S T LSEVs - Vail Village I 0 100 200Feet Æô LSEV Prohibited No Ve hicle s Allowed - Unless o the rw ise permitted by th e C hief o f Police or other designee. Do Not Enter : Restricted to emerge ncy services and Tow n of Vail vehicles, with some exceptions as indicated. Arrow s ind icate d irection of vehicular travel, Town-Approved Contractor Service exempt. 440 AGENDA ITEM NO. 7.4 Item Cover Page DATE:November 18, 2025 TIME:5 min. SUBMITTED BY:Stephanie Bibbens, Community Development ITEM TYPE:Action Items AGENDA SECTION:Public Hearings (6:20pm) SUBJECT:Ordinance No. 27, Series of 2025, Second Reading, An Ordinance Amending Chapter 7 of Title 12 of the Vail Town Code Regarding the Conversion of Eating and Drinking Establishments (7:00pm) SUGGESTED ACTION:Approve, approve with amendments, or deny Ordinance No. 27, Series of 2025 upon second reading. PRESENTER(S):Matt Gennett, Director of Community Development VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Ordinance No. 27, Series of 2025 Staff Memo.pdf Attachment A. Ordinance No. 27, Series of 2025.pdf Attachment B. Minutes from October 27, 2025, PEC meeting Attachment C. October 27, 2025, staff memorandum to PEC with attachments.pdf Public Comment.pdf 441 1 | P a g e TO: Town Council FROM: Community Development Department DATE: November 18, 2025 SUBJECT: Ordinance No. 27, Series 2025, An Ordinance Amending Chapter 7 of Title 12 of the Vail Town Code Regarding the Conversion of Eating and Drinking Establishments, second reading. Applicant: Town of Vail Planner: Matt Gennett I. SUMMARY The applicant, the Town of Vail, is requesting the Council approve Ordinance No. 27, Series of 2025, An Ordinance Amending Chapter 7 of Title 12 of the Vail Town Code Regarding the Conversion of Eating and Drinking Establishments, on second reading. The ordinance contains proposed prescribed regulations amendments to Title 12, Zoning Regulations, Article 7B: Commercial Core 1 (CC1) District; Article 7C: Commercial Core 2 (CC2) Zone District; Article 7H: Lionshead Mixed Use 1 (LMU-1) Zone District; and, Article 7I: Lionshead Mixed Use 2 (LMU-2) Zone District, pursuant to Section 12 -3-7, Amendments, Vail Town Code, to add new sections limiting the conversion of existing eating and drinking establishments in each of the articles listed above. On November 4, 2025, Council approved Ordinance No. 27, Series of 2025, on first reading by a vote of 5-2 (Davis and Biszantz opposed). II. DESCRIPTION OF REQUEST The proposal would add new sections at the end of Articles 7B, 7C, 7H, and 7I of Title 12 to limit the conversion of existing eating and drinking establishments in the Commercial Core 1 (CC1), Commercial Core 2 (CC2), Lionshead Mixed Use 1 (LMU-1), and Lionshead Mixed Use 2 (LMU-2) zone districts, thereby promoting the goals of the Town of Vail 2024 Five Year Strategic Plan, Lionshead Redevelopment Master Plan and Vail Village Master Plan by preserving and potentially increasing vibrancy and pedestrian activity in Lionshead and Vail Village. Please see Section IV of this memo for the full proposed text changes. 442 2 | P a g e III. BACKGROUND On April 15, 2025, Ordinance No. 9, Series of 2025, An Emergency Ordinance Temporarily Suspending the Issuance of Building Permits Related to the Conversion of Eating and Drinking Establishments to Retail Establishments in the SBR, SBR-2, CC-1, CC-2, LMU-1, LMU-2, and PA Zone Districts was adopted. On June 3, 2025, Ordinance No. 13, Series of 2025, An Emergency Ordinance Temporarily Suspending the Acceptance and Processing of Applications, the Scheduling of Public Hearings and the Issuance of Building Permits Related to the Conversion of Eating and Drinking Establishments to Any Other Permitted or Conditional Use in the SBR, SBR-2, CC-1, CC-2, LMU-1, LMU-2, and PA Zone Districts. Ordinance No. 13 repealed Ordinance No. 9 and narrowed applicability to interior conversions of existing eating and drinking establishments. Projects that have previously received PEC approval are not subject to the temporary stay. On October 21, 2025, Town Council reviewed and discussed the proposed text amendment language during a scheduled afternoon presentation and discussion item . After providing comments and feedback, Council directed staff to proceed with the proposed text amendment language as presented. On October 27, 2025, the PEC reviewed the prescribed regulations amendments, provided comment, heard public comment, and forwarded a recommendation of denial to the Vail Town Council by a vote of 6-0. Since the October 27 PEC meeting, and as this is a legislative matter, staff have incorporated additional language into the proposed amendment which may address some of the concerns expressed by the PEC and members of the public. The added language includes a definition of eating and drinking establishment (new subsection B), an applicability date in subsection C1, and an additional applicability factor in subsection C2 in each proposed new section. Staff acknowledged that there may have been unintended results from this amendment as proposed, such as creating a possible disincentive for property and business owners to open new restaurants in new locations. Changes to the proposed amendment include new language effectively exempting ‘net-new’ eating and drinking establishments in the effected zone districts. IV. PROPOSED TEXT AMENDMENT LANGUAGE The proposed new Sections, 12-7B-21, 12-7C-16, 12-7H-19, and 12-7I-19 would be added at the end of each of the articles for the CC1, CC2, LMU-1, and LMU-2 zone districts, respectively. The text listed below contains the four new sections to be added to the end of Articles 7B, 7C, 7H, and 7I. 443 3 | P a g e § 12-7B-21 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Commercial Core 1 (CC1) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Definition. For purposes of this Section, eating and drinking establishment means a premises where the principal use is the retail sale of food and/or beverages to the public for on-premises consumption within the principal building or in an outdoor seating area which is part of or adjacent to the premises, including without limitation a restaurant, coffee shop, tavern, café, brewery, cidery, distillery and winery. (C) Applicability. (1) This Section shall apply to all eating and drinking establishments existing in the CC1 district on November 1, 2025, whether permitted by right or conditionally. (2) This Section shall not apply to the conversion of an eating and drinking establishment that received final approval from the Planning and Environmental Commission on or before November 1, 2025. (D) Permit required. A conversion of an existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (E) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (F) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the CC1 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the CC1 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (G) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. 444 4 | P a g e § 12-7C-16 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Commercial Core 2 (CC2) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Definition. For purposes of this Section, eating and drinking establishment means a premises where the principal use is the retail sale of food and/or beverages to the public for on-premises consumption within the principal building or in an outdoor seating area which is part of or adjacent to the premises, including without limitation a restaurant, coffee shop, tavern, café, brewery, cidery, distillery and winery. (C) Applicability. (1) This Section shall apply to all eating and drinking establishments existing in the CC2 district on November 1, 2025, whether permitted by right or conditionally. (2) This Section shall not apply to the conversion of an eating and drinking establishment that received final approval from the Planning and Environmental Commission on or before November 1, 2025. (D) Permit required. A conversion of any existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (E) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (F) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the CC2 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the CC2 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (G) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. 445 5 | P a g e § 12-7H-19 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Lionshead Mixed Use 1 (LMU -1) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Definition. For purposes of this Section, eating and drinking establishment means a premises where the principal use is the retail sale of food and/or beverages to the public for on-premises consumption within the principal building or in an outdoor seating area which is part of or adjacent to the premises, including without limitation a restaurant, coffee shop, tavern, café, brewery, cidery, distillery and winery. (C) Applicability. (1) This Section shall apply to all eating and drinking establishments existing in the LMU-1 district on November 1, 2025, whether permitted by right or conditionally. (2) This Section shall not apply to the conversion of an eating and drinking establishment that received final approval from the Planning and Environmental Commission on or before November 1, 2025. (D) Permit required. A conversion of any existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (E) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (F) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the LMU-1 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the LMU-1 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. 446 6 | P a g e (G) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. § 12-7I-19 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Lionshead Mixed Use 2 (LMU -2) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Definition. For purposes of this Section, eating and drinking establishment means a premises where the principal use is the retail sale of food and/or beverages to the public for on-premises consumption within the principal building or in an outdoor seating area which is part of or adjacent to the premises, including without limitation a restaurant, coffee shop, tavern, café, brewery, cidery, distillery and winery. (C) Applicability. (1) This Section shall apply to all eating and drinking establishments existing in the LMU-2 district on November 1, 2025, whether permitted by right or conditionally. (2) This Section shall not apply to the conversion of an eating and drinking establishment that received final approval from the Planning and Environmental Commission on or before November 1, 2025. (D) Permit required. A conversion of any existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (E) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (F) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the LMU-2 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the LMU-2 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the prem ises, as demonstrated by evidence that 447 7 | P a g e the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (G) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. V. ROLES OF REVIEWING BODIES Order of Review: Generally, text amendment applications will be reviewed by the Planning and Environmental Commission and the Commission will forward a recommendation to the Town Council. The Town Council will then review the text amendment application and make the final decision. Planning and Environmental Commission: The Planning and Environmental Commission is responsible for the review of a text amendment application, pursuant to Section 12-3-7, Amendment, Vail Town Code, and forwarding of a recommendation to the Town Council. Design Review Board: The Design Review Board (DRB) has no review authority over a text amendment to the Vail Town Code. Town Council: The Town Council is responsible for final approval, approval with modifications, or denial of a text amendment application, pursuant to Section 12-3-7, Amendment, Vail Town Code. Staff: The Town Staff facilitates the application review process. Staff reviews the submitted application materials for completeness and general compliance with the appropriate requirements of the Town Code. Staff also provides the Planning and Environmental Commission a memorandum containing a description and background of the application, an evaluation of the application in regard to the criteria and findings outlined by the Town Code, and a recommendation of approval, approval with modifications, or denial. VI. APPLICABLE PLANNING DOCUMENTS The following provisions of the Vail Town Code, Vail Village Master Plan, and Lionshead Redevelopment Master Plan are relevant to the review of this proposal: Title 12, Zoning Regulations, Vail Town Code 448 8 | P a g e CHAPTER 12-1, TITLE, PURPOSE AND APPLICABILITY (in part) Section 12-1-2: Purpose: A. General: These regulations are enacted for the purpose of promoting the health, safety, morals, and general welfare of the Town, and to promote the coordinated and harmonious development of the Town in a manner that will conserve and enhance its natural environment and its established character as a resort and residential community of high quality. B. Specific: These regulations are intended to achieve the following more specific purposes: 1. To provide for adequate light, air, sanitation, drainage, and public facilities. 2. To secure safety from fire, panic, flood, avalanche, accumulation of snow, and other dangerous conditions. 3. To promote safe and efficient pedestrian and vehicular traffic circulation and to lessen congestion in the streets. 4. To promote adequate and appropriately located off-street parking and loading facilities. 5. To conserve and maintain established community qualities and economic values. 6. To encourage a harmonious, convenient, workable relationship among land uses, consistent with Municipal development objectives. 7. To prevent excessive population densities and overcrowding of the land with structures. 8. To safeguard and enhance the appearance of the Town. 9. To conserve and protect wildlife, streams, woods, hillsides, and other desirable natural features. 10. To assure adequate open space, recreation opportunities, and other amenities and facilities conducive to desired living quarters. 11. To otherwise provide for the growth of an orderly and viable community. Vail Village Master Plan: Policy 2.4.2: Activity that provides nightlife and evening entertainment for both the guest and the community shall be encouraged. Policy 3.3.2: Outdoor dining is an important streetscape feature and shall be encouraged 449 9 | P a g e in commercial infill or redevelopment projects. Objective 3.3: Encourage a wide variety of activities, events, and street life along pedestrian ways and plazas. Policy 3.3.2: Outdoor dining is an important streetscape feature and shall be encouraged in commercial infill or redevelopment projects. Lionshead Redevelopment Master Plan: Mission Statement Lionshead lacks the charm, character, appeal and vibrancy expected of a world class resort. It lacks a sense of arrival and a sense of place. Pedestrian flow through the mall can be confusing and disconnected. The architecture lacks a unique identity or re ference to Vail’s historical antecedents and its alpine environment. Many of the buildings are physically aging and functionally under-utilized, resulting in negative impacts to property values, private profits and public revenues. Potential hospitality, r etail and recreational uses, and community amenities are unmet or unrealized. It would be short -sighted to ignore these conditions and do nothing. The opportunity exists for the public and private sectors to act collaboratively to renew and revitalize this important component of our community. Vail Town Council, November 4, 1996 1.2 Master Plan Framework The Lionshead Master Plan is based on a set of fundamental design objectives that relate to the entire study area: • The Pedestrian Environment The defining characteristic of Lionshead is its pedestrian environment, and the emphasis of the master plan is to improve its quality as a generator of activity. 2.1 Purpose of the Master Plan Both public and private interests have recognized that Lionshead today lacks the economic vitality of Vail Village, its neighboring commercial district, and fails to offer a world-class resort experience. Skiers are spending less time skiing and more time shopping, dining out, and enjoying other off-mountain activities. As a result, the demand for quality retail shopping and a greater diversity of experiences has dramatically increased. All of these are sorely in need of improvement in Lionshead. Vail, and specifically Lionshead, will fall behind if the community fails to upgrade the quality of its facilities and correct the existing flaws in its primary commercial nodes. Town of Vail 2024 Five Year Strategic Plan: 450 10 | P a g e 2. Mission and Vision The Town of Vail’s Vision is: To be the premier mountain resort community in the world. 4. C. Strategic Priority - Provide an Authentic Vail Experience: Vail’s vision of being the premier mountain resort community despite a trend towards homogeneity in the ski industry will be achieved by creating programming and events authentic to Vail’s pioneering and entrepreneurial spirit. We are a community that celebrates the sport of skiing and mountain town living. Desired Results: C.1: By 2027, Vail will create and/or enhance 1 to 2 showstopper, unique events in the winter and summer seasons which are consistent with the authentic Vail vibe. Examples: GoPro Mountain Games, X Games, Burton US Open, Street Beat, Dew Tour, Loveland Derby, Ski Races, Bravo! C.2: By 2029, Vail will create a seamless, vibrant, inclusive experience as people move from the mountain into town and from town onto the mountain as measured in guest intercept surveys. As our guests and residents’ transition, whether on skis, bikes or o n foot, between the Town and Vail Mountain they will be enticed and welcomed by programming that creates an energetic and fun vibe ready to greet them at the base area. C.3: By June 2025, modify town codes to support vibrancy (special events, live entertainment, nightlife). C.4: By 2027, 70% of individuals under 40 will state “Vail is a kickass place” as measured by the net promotor score. C.5: By 2025, The Town of Vail municipal government will provide excellent customer service through clear definitions, measurements, and reporting. VII. CRITERIA FOR REVIEW Pursuant to Section 12-3-7(C)(2), the Town Council shall consider the following factors with respect to the requested text amendment: 1. The extent to which the text amendment furthers the general and specific purposes of the zoning regulations; 2. The extent to which the text amendment would better implement and better achieve the applicable elements of the adopted goals, objectives, and policies outlined in the Vail comprehensive plan and is compatible with the development objectives of the town; 3. The text amendment demonstrates how conditions have substantially changed since 451 11 | P a g e the adoption of the subject regulation and how the existing regulation is no longer appropriate or is inapplicable; 4. The extent to which the text amendment provides a harmonious, convenient, workable relationship among land use regulations consistent with municipal development objectives; and, 5. Such other factors and criteria the Planning and Environmental Commission and/or Council deem applicable to the proposed text amendments. The findings made by the PEC can be referenced in the minutes from the ir October 27, 2025, meeting attached to this memorandum. VIII. RECOMMENDED MOTION Should the Town Council choose to approve Ordinance No. 27, Series of 2025, the Community Development Department recommends the Council pass the following motion: "I move to approve Ordinance No. 27, Series of 2025, An Ordinance Amending Chapter 7 of Title 12 of the Vail Town Code Regarding the Conversion of Eating and Drinking Establishments, on second reading with the finding that it meets the criteria found in Section VII of the November 18th, 2025, staff memorandum.” Alternative Motions: Should the Town Council choose to approve, with modifications, Ordinance No. 27, Series of 2025, the Community Development Department recommends the Council pass the following motion: "I move to approve, with modifications, Ordinance No. 27, Series of 2025, An Ordinance Amending Chapter 7 of Title 12 of the Vail Town Code Regarding the Conversion of Eating and Drinking Establishments, on second reading, with the following modifications for second reading (cite modifications) and the finding that it meets the criteria found in Section VII of the November18th, 2025, staff memorandum.” Should the Town Council choose to deny Ordinance No. 27, Series of 2025, the Community Development Department recommends the Council pass the following motion: "I move to deny Ordinance No. 27, Series of 2025, Ordinance No. 27, Series 2025, An Ordinance Amending Chapter 7 of Title 12 of the Vail Town Code Regarding the Conversion of Eating and Drinking Establishments, on second reading, with the finding that it does not meet the criteria found in Section VII of the November 18th, 2025, staff memorandum.” 452 12 | P a g e IX. ATTACHMENTS A. Ordinance No. 27, Series of 2025 B. Minutes from October 27, 2025, PEC meeting C. October 27, 2025, staff memorandum to PEC with attachments 453 ORDINANCE NO. 27 SERIES 2025 AN ORDINANCE AMENDING CHAPTER 7 OF TITLE 12 OF THE VAIL TOWN CODE REGARDING THE CONVERSION OF EATING AND DRINKING ESTABLISHMENTS WHEREAS, the Lionshead Redevelopment Master Plan encourages pedestrian - friendly environments with a sense of place and vibrancy; WHEREAS, the Vail Village Master Plan encourages activity that provides night life and evening entertainment; WHEREAS, the Vail 5-Year Strategic Plan emphasizes the importance of pedestrian-oriented uses that support nightlife and promote the vibrancy of Lionshead and Vail Village; WHEREAS, this ordinance is intended to promote the goals established in the adopted Master Plans by reducing the conversion of eating and drinking establishments in Lionshead and Vail Village; WHEREAS, eating and drinking establishments are critical to the Town's economy , and are necessary to ensure that Lionshead and Vail Village are pedestrian -friendly environments that provide nightlife and evening entertainment; WHEREAS, applications to convert eating and drinking establishments into any other commercial use do not promote the Master Plan goals in the same manner ; WHEREAS, other commercial uses including retail establishments do not foster the same sense of place and purpose as eating and drinking establishments; WHEREAS, other commercial uses, including retail establishments, do not provide nightlife or evening entertainment; WHEREAS, on June 3, 2025, the Town Council adopted Ordinance No. 13, Series 2025, which temporarily suspended the acceptance and processing of applications, the scheduling of public hearings, and the issuance of building permits related to the conversion of any existing eating and drinking establishment to any other permitted or conditional use in the SBR, SBR-2, CC-1, CC-2, LMU-1, LMU-2, and PA zone districts to allow the Town to develop code amendments that adequately address the conversion of existing eating and drinking establishments; and WHEREAS, the Town Council desires to limit the conversion of existing eating and drinking establishments in the Commercial Core 1 and Commercial Core 2 districts by requiring a conversion permit. 454 2 NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. Article 7B of Title 12 of the Vail Town Code is hereby amended by the addition of the following new section: § 12-7B-21 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Commercial Core 1 (CC1) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Definition. For purposes of this Section, eating and drinking establishment means a premises where the principal use is the retail sale of food and/or beverages to the public for on-premises consumption within the principal building or in an outdoor seating area which is part of or adjacent to the premises, including without limitation a restaurant, coffee shop, tavern, café, brewery, cidery, distillery and winery. (C) Applicability. (1) This Section shall apply to all eating and drinking establishments existing in the CC1 district on November 1, 2025, whether permitted by right or conditionally. (2) This Section shall not apply to the conversion of an eating and drinking establishment that received final approval from the Planning and Environmental Commission on or before November 1, 2025. (D) Permit required. A conversion of an existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (E) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (F) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the CC1 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the CC1 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least 455 3 eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (G) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant . The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. Section 2. Article 7C of Title 12 of the Vail Town Code is hereby amended by the addition of the following new section: § 12-7C-16 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Commercial Core 2 (CC2) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Definition. For purposes of this Section, eating and drinking establishment means a premises where the principal use is the retail sale of food and/or beverages to the public for on-premises consumption within the principal building or in an outdoor seating area which is part of or adjacent to the premises, including without limitation a restaurant, coffee shop, tavern, café, brewery, cidery, distillery and winery. (C) Applicability. (1) This Section shall apply to all eating and drinking establishments existing in the CC2 district on November 1, 2025, whether permitted by right or conditionally. (2) This Section shall not apply to the conversion of an eating and drinking establishment that received final approval from the Planning and Environmental Commission on or before November 1, 2025. (D) Permit required. A conversion of any existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (E) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (F) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the CC2 district, as demonstrated by evidence that the applicant has established a new eating 456 4 and drinking establishment at a premises within the CC2 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (G) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. Section 3. Article 7H of Title 12 of the Vail Town Code is hereby amended by the addition of the following new section: § 12-7H-19 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Lionshead Mixed Use 1 (LMU-1) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Definition. For purposes of this Section, eating and drinking establishment means a premises where the principal use is the retail sale of food and/or beverages to the public for on-premises consumption within the principal building or in an outdoor seating area which is part of or adjacent to the premises, including without limitation a restaurant, coffee shop, tavern, café, brewery, cidery, distillery and winery. (C) Applicability. (1) This Section shall apply to all eating and drinking establishments existing in the LMU-1 district on November 1, 2025, whether permitted by right or conditionally. (2) This Section shall not apply to the conversion of an eating and drinking establishment that received final approval from the Planning and Environmental Commission on or before November 1, 2025. (D) Permit required. A conversion of any existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (E) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. 457 5 (F) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the LMU-1 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the LMU-1 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (G) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. Section 4. Article 7I of Title 12 of the Vail Town Code is hereby amended by the addition of the following new section: § 12-7I-19 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Lionshead Mixed Use 2 (LMU-2) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Definition. For purposes of this Section, eating and drinking establishment means a premises where the principal use is the retail sale of food and/or beverages to the public for on-premises consumption within the principal building or in an outdoor seating area which is part of or adjacent to the premises, including without limitation a restaurant, coffee shop, tavern, café, brewery, cidery, distillery and winery. (C) Applicability. (1) This Section shall apply to all eating and drinking establishments existing in the LMU-2 district on November 1, 2025, whether permitted by right or conditionally. (2) This Section shall not apply to the conversion of an eating and drinking establishment that received final approval from the Planning and Environmental Commission on or before November 1, 2025. 458 6 (D) Permit required. A conversion of any existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (E) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (F) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the LMU-2 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the LMU-2 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (G) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. Section 5. 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. Section6. 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 7. 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 v irtue 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. Section 8. All bylaws, orders, resolutions and ordinances, or parts thereof, inconsistent herewith are repealed to the extent only of such inconsistency. This repealer 459 7 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 ___ day of ______________, 2025 and a public hearing for second reading of this Ordinance set for the _____day of ______________, 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 460 Planning and Environmental Commission Minutes Monday, October 27, 2025 1:00 PM Vail Town Council Chambers Present: Craig H Lintner Jr John Rediker Brad Hagedorn David N Tucker William A Jensen Robert N Lipnick Absent: 1. Virtual Link Register to attend the Planning and Environmental Commission meeting. Once registered, you will receive a confirmation email containing information about joining this webinar. 2. Call to Order 3. Worksession 3.1 PEC Rules of Order Discussion 4. Main Agenda 4.1 A request for a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 1000 S Frontage Rd W, Glen Lyon Subdivision, Parcel ID#2103 -121-09-003 from the SDD #4 Zone District to the Lionshead Mixed Use 2 (LMU-2) Zone District; 1031 S Frontage Rd W, Parcel ID# 2103- 121-00-004, from the Arterial Business (ABD) Zone District to the LMU- 2 Zone District; and, 953 S Frontage Rd W, Parcel ID# 2103-121-00-002, from the Arterial Business (ABD) Zone District to the LMU-2 Zone District. (PEC25-0033). Planner: Heather Knight Applicant Name: Vail Corp, Soho Development, and East West Partners Time: 30 min. West Lionshead Rezone Staff Memo.pdf PEC25- 0033_Attachment A. Vicinity Map.pdf PEC25-0033_Attachment B. Applicant Narrative.pdf PEC25-0033_Attachment C. Resolution No.36, Series of 2025.pdf Time Stamp: 0:1:00 Planner Knight gives a presentation. She walks through the zoning standards. Staff finds that the criteria are met and are recommending approval. Hagedorn, is there any other Arterial Business zoning in Town? Knight says no, this is the last one. Kevin Murphy is representing the applicant, East West Partners, Vail Corp, and Soho Development. Planning and Environmental Commission Meeting Minutes of October 27, 2025 1 461 Murphy gives a presentation. Rediker asks about a previous application for this property. Knight says the rezoning had an expiration date listed in the ordinance, the frontage road was not relocated, the rezoning didn’t happen. Rediker, is there a reason why we’re not conditioning it this time around? Knight, it makes sense from a zoning perspective, we haven’t seen anything related to the development plan yet, just the master plan. Hagedorn, timeline for next steps? Murphy, talks about the timeline, working with the Town and highway administration. Rediker asks for public comment. No public comment, public comment closed. Rediker asks for commissioner comment. Jensen believes it makes sense given the overall potential for the site, is supportive of it. Lintner agrees with Jensen, it is a logical request. Hagedorn believes it meets the criteria. It has already been approved once before, anytime we can get rid of an SDD he is for it, this gets rid of Arterial Business District all together. Lipnick says it meets the criteria and no other questions. Tucker, no comment, supports recommendations. Rediker agrees with staff analysis in memo. The criteria are met. Robert N Lipnick made a motion to forward a recommendation of approval with the findings on page 16 of the staff memo; David N Tucker seconded the motion Passed (6 - 0). 4.2 A request for a recommendation to the Vail Town Council for prescribed regulations amendments to Title 12, Zoning Regulations, Article 7B: Commercial Core 1 (CC1) District; Article 7C: Commercial Core 2 (CC2) Zone District; Article 7H: Lionshead Mixed Use 1 (LMU-1) Zone District; and, Article 7I: Lionshead Mixed Use 2 (LMU-2) Zone District, pursuant to Section 12-3-7, Amendments, Vail Town Code, to add language regarding conversions of existing eating and drinking establishments. (PEC25-0034) Planner: Matt Gennett Applicant Name: Town of Vail, represented by Matt Gennett Time: 30 min. PEC25-0034_Staff Memo.pdf PEC25-0034_Attachment A.pdf Timestamp: 0:25:40 Community Development Director Matt Gennett gives a presentation. He talks about the emergency ordinance that was passed earlier this year. Gennett, in the future staff will be looking at updates to Title 12 to improve efficiency, update outdated references, processes, etc.. Planning and Environmental Commission Meeting Minutes of October 27, 2025 2 462 Rediker, are there examples from other communities who have passed similar ordinances? Gennett, our legal firm researched other communities and case law, felt this was the most responsible way to handle it. Rediker, is restricting commercial uses on private property something that’s legal? Can the Town pass this type of ordinance? Gennett, the legal advice we’ve gotten thus far is yes, in this way we can. It is limited to four zone districts, not property or site specific Hagedorn, are we trying to solve a problem that doesn’t exist? This seems to be a knee jerk reaction over one or two high profile examples, hasn’t seen data that we’re losing vibrancy in the core. Gennett, I don’t think we do have data that would point to a trends that exists today, the intention is to look forward. Hagedorn, this seems to be addressing a symptom not a cause. It is trying to put a bandaid over a larger underlying cause. He brings up other possible solutions. Gennett, that has come up. What type of deed restriction or public subsidy could be proposed and applied to retain these types of businesses that the Town finds valuable? Hagedorn, it’s on applicant to prove there’s no net loss but you’re not doing a snapshot right now? Gennett, it’s on a case- by-case basis. We don’t see a lot of applications for conversions for eating and drinking to another use but that’s when this process would begin. Hagedorn, were buildings notified that have these commercial spaces? Gennett, not necessarily, it went through the standard notification process. He believes they are aware. Jensen, would this give developers cause to preclude building a new restaurant as it locks them into that requirement? Gennett, it could have that effect, that is a valid question. Lintner, how did you arrive at 18-month number? Gennett, we looked at a couple options, this is a placeholder for discussion like we’re having now. We’re working with legal counsel, they used that as a baseline based on their research. Lintner, it would be helpful to see a written summary of other jurisdictions where this was successful in terms of enforcement. Gennett, we don’t know of other communities that have done this specific thing. Rediker, what specific concerns did Town Council have about losing vibrancy? Or are they trying to be proactive? Gennett, it is the latter. Looking at Lionshead particularly in the summer months a lot of those larger retail spaces are closed. It’s also a result of Town visits to peer resort communities with lively bar/restaurant operations close to the slopes. Jensen can argue both ways for 18 months. It’s painful to see a space empty, but sometimes landlords can work around it. More supportive of the 18 than shortening it. Planning and Environmental Commission Meeting Minutes of October 27, 2025 3 463 Gennett and Tucker discuss retail establishments with food and beverage opportunities. Gennett, this is really about the experience, tax revenue is not the primary motivator. We would have to discuss with Council what would be a reasonable fee for a conversion application. Jensen believes it is vibrancy that Council is concerned about. In the Los Amigos example it was a watering hole for 40 years, now it’s continuing to be a restaurant with a different approach. Probably not a change in tax revenue, but maybe a change in vibrancy. Gennett agrees it is a different vibe. Rediker, unfortunately this ordinance doesn’t do anything to address the Los Amigos situation. Not just for guests, locals want that vibrancy as well. Rediker, would this stymie opportunities to convert retail to restaurants because property owners don’t want to lock themselves into that? Gennett, there is an appeal process if a conversion permit is denied. Rediker asks for public comment. Dominic Mauriello, on behalf of the Evergreen and Concert Hall Plaza and as a planner. He has suggested language that could be added here. He emailed the PEC this morning. Why are we here and why so quickly? There’s a mandate coming that tells staff get this ordinance done, but they’re going off this knee jerk reaction. Most communities would spend a lot of money and time doing a study. Here we don’t know what is the recommended mix for Vail, what is the sweet spot? Another observation is how many examples have you seen of restaurants being replaced by another use, is this actually a trend? Really it has been the other way around, there’s not proof that this trend is happening. There’s so much complexity about this, that I don’t think that it’s ripe yet. Staff is under pressure to get something to Council for a vote. This is the worst legislation he has seen, but it could be improved with some changes. Mauriello continues: staff has the opinion on demo/rebuild projects that it doesn’t apply, but why not have a sentence in this ordinance making this clear. There are unintended consequences, what owner will ever convert to a restaurant, you’ve taken 30 uses and now you have one. This probably doesn’t meet the threshold of a taking but it gets close. Restaurants are a risky business; pretty sure nobody is going to want to convert to this use knowing that is the only option in the future. Proposed – if I have another use today and want to convert it after Nov. 18th I can do that knowing that I can convert it back. That would alleviate one of the biggest consequences which is screwing up the marketplace. The high end businesses you see in Vail are a product of who our customers are. You should give a lot of input, staff should come back and you should craft an ordinance that works. There is a mandate that is really unfortunate. Mauriello talks about scenarios between a restaurant tenant and landlord. The appeal process doesn’t give you what you think and can you get a variance from this section? Suggests that the PEC table this item. Recommends two updates to the language: including language exempting existing approvals like staff says, and to make it so future changes from retail to restaurant can go back to retail. Brain Judge, raises a concern on the general idea of no net loss. If we’re moving forward with this, the quality of that loss is not well defined. Taking something that may be street level and putting it on an upper floor doesn’t really do the same thing. This doesn’t talk much about the enhancement or betterment of the districts that they are in, not very well defined. Some of the comments were talking about conversion, but we can agree that a loss of all the restaurants in Vail Village would change that area. Maybe we’re rushing to a decision quickly and more thought could be put into this. Rediker brings up public comment about stifling conversions from retail to restaurants, and the other is exempting existing approvals. Has staff considered this? Gennett, we wanted to make sure our considerations and thoughts were heard in public. That is Planning and Environmental Commission Meeting Minutes of October 27, 2025 4 464 something at your discretion to add language to a recommendation. The exemptions one makes sense and is something staff generally agrees with. The conversion is something Council should discuss. Rediker you don’t see a conflict with these suggestions? Gennett doesn’t see one. They were approved under existing zoning, not the proposed. Legal may have believed it was implied but doesn’t see harm in spelling that out. Jensen talks about the real estate along Bridge St. Is demo/rebuild excluded from having to put back a restaurant? Gennett confirms. Hagedorn, that seems counter-intuitive to the goals. Gennett, we will have to start looking at that square footage analysis if this is passed. Mauriello, there are other ways to deal with this. Could change uses, have an overlay district, talks about options with permitted uses and conditional uses. George Ruther on behalf of his client, Red Lion. Asks for clarification about demo/rebuild situation. Believe there are some additional issues that need to be resolved here, but client has been waiting over six months to get their application moving. Public comment closed. Rediker asks for commissioner comment. Hagedorn, this is half -baked, not a personal critique of staff. There is not a condition that would make him comfortable with this. He is not comfortable with this level of government intervention, this is all stick and no carrot. This does nothing to address the affordability issue, it’s addressing the symptom and not the root cause. We need to talk about other ways to address this. Suggests other potential financing and incentive solutions. This is not the right way, nothing to get him to support today. Lipnick is still bothered by Council wanting it approved by Nov. 18th. That’s not what is in their best interest. Not in support of this application. Tucker agrees. This opens up a can of worms with unintended consequences. There are better way to go about this with more collaboration with stakeholders. Lintner agrees. This is well intended, understands the end goal but putting it forth in this way is all stick no carrot and could have negative impacts. If this issue is going to be addressed, we need to look at it with more of a long-term approach. Jensen agrees. Understands the intent but with the language and process and speed of this, it is not baked yet. Rediker shares Council concerns about protecting and encouraging vibrancy through restaurants. Appreciates that Council is trying to be proactive, but there is a lack of evidence that there is a problem. To support, at minimum would need some language changes. Agrees with Mauriello on the two items of suggested languages, supportive of those changes. We have to look at this 18 month language. The idea of restricting uses, is that the direction we want to go in general? Very concerned about restricting an owner’s uses, wish there were other ways for the Town to encourage and support the restaurant community. There needs to be further conversation and discussion. We haven’t heard from any property owners, surprised about that. Can get behind the concept, but not ready at this point, this needs changes. We’re not getting community input or discussion, concerned that there are business owners out there who were not hearing from. Does share Councils concerns and appreciates that they’re trying to be proactive. Planning and Environmental Commission Meeting Minutes of October 27, 2025 5 465 Gennett, respectfully we are looking for a vote. Brad Hagedorn made a motion to forward a recommendation of denial. If Council considers approval they should consider the two suggested changes for added language as discussed today.; Robert N Lipnick seconded the motion (6 - 0). 4.3 A request for the review of a Conditional Use Permit, pursuant to Section 12-9C-3, Conditional Use Permits, Vail Town Code, to allow for a restaurant at Vail Transit Center, pursuant to Section 12-16, Conditional Use Permits, Vail Town Code located at 241 East Meadow Drive/Tract B & C, Vail Village Filing 1, and setting forth details in regard thereto. (PEC25-0035) Planner: Cole Michaelsen Applicant Name: Town of Vail Time: 45 min PEC25-0035 Staff Memo.pdf PEC25-0035_Attachment A. Vail Village Filing 1 - Tracts B and C Vicinty Map.pdf PEC25-0035_Attachment B. Applicant Narrative.pdf PEC25-0035_Attachment C. Vail Transportation Center Floor Plan.pdf PEC25-0035_Attachment D. Proposed and Existing Photos.pdf Timestamped 1.48:15 Planner Michaelson gives a presentation. Kathleen Halloran, deputy Town Manager, talks about operations. There is no active cooking on the site. This will be servicing transit users, we’ve seen a big increase in use coming into the Vail Transit Center. The intent is provide an amenity for these folks. Lipnick, will the café be enclosed? Halloran, the public would only see the window service on the interior and also the exterior window. Jensen, who is paying the TI costs of improving this space? Halloran, council approved anything in the space would be the responsibility of the café owner. Jensen, hopes there is enough revenue to sustain the business to coincide with the demand. Halloran, hours in the winter would be 7:30am to 4-5pm, it wouldn’t continue into dinner. Jensen, what is the desire or intent to move forward with this? Halloran, one was to activate the space. Also to provide an amenity as the transportation numbers and ridership has gone up. Tucker asks about interior floor plans. Halloran, the Town is planning on heavy furniture that will detract from it getting moved. Rediker asks for public comment. No comment, public comment closed. Commissioner comment. Planning and Environmental Commission Meeting Minutes of October 27, 2025 6 466 Tucker, happy to see this opportunity. Jensen commends Town for having a modest rent. It will be interesting to see if hours of operation and rent allows this to be a viable year round activity there. Rediker, agrees with staff that the criteria are met. Generally thinks this is a good idea to activate that space. David N Tucker made a motion to Approve with the conditions on pg. 9 of the staff memo and the findings on pg. 9 & 10. ; Brad Hagedorn seconded the motion Passed (6 - 0). Robert N Lipnick made a motion to Approve with the condition and findings on page 9 and 10; Brad Hagedorn seconded the motion Passed (5 - 0). 5. Approval of Minutes 5.1 PEC Minutes 10-13-25 PEC_Results_10-13-25.pdf William A Jensen made a motion to Approve ; Brad Hagedorn seconded the motion Passed (4 - 0) Tucker and Lintner Abstain. 6. Information Update Staff and PEC discusses measures to improve the timeliness and efficiency of meetings. Gennett, in Title 3 it says commissions shall adopt rules for business of the meetings. As the first order of business, the officer can set forth the rules. Or you can have a standard set of rules that you choose to deviate from. Discussion on limiting time for presentations, much of it is in the packet. Rediker, leaning towards consistent rules of order, create expectations and a pattern of how it will be conducted. Rediker, commissioners will need to be prepared. We have a good commission in that regard. PEC agrees on setting a consistent rules of order for every meeting. Roy, we’ll draft something up. 7. Adjournment Brad Hagedorn made a motion to Adjourn ; David N Tucker seconded the motion Passed (6 - 0). Planning and Environmental Commission Meeting Minutes of October 27, 2025 467 7 468 TO: Planning and Environmental Commission FROM: Community Development Department DATE: October 13, 2025 SUBJECT: A request for a recommendation to the Vail Town Council for prescribed regulations amendments to Title 12, Zoning Regulations, Article 7B: Commercial Core 1 (CC1) District; Article 7C: Commercial Core 2 (CC2) Zone District; Article 7H: Lionshead Mixed Use 1 (LMU-1) Zone District; and, Article 7I: Lionshead Mixed Use 2 (LMU-2) Zone District, pursuant to Section 12-3-7, Amendments, Vail Town Code, to add language regarding conversions of existing eating and drinking establishments. (PEC25-0034) Applicant: Town of Vail Planner: Matt Gennett I. SUMMARY The applicant, the Town of Vail, is requesting a recommendation to the Vail Town Council for prescribed regulations amendments to Title 12, Zoning Regulations, Article 7B: Commercial Core 1 (CC1) District; Article 7C: Commercial Core 2 (CC2) Zone District; Article 7H: Lionshead Mixed Use 1 (LMU-1) Zone District; and, Article 7I: Lionshead Mixed Use 2 (LMU-2) Zone District, pursuant to Section 12-3-7, Amendments, Vail Town Code, to add new sections limiting the conversion of existing eating and drinking establishments in each of the articles listed above. The Community Development Department recommends the Planning and Environmental Commissions forward a recommendation of approval to the Vail Town Council for the prescribed regulations amendment. II. DESCRIPTION OF REQUEST The proposal would add new sections at the end of Articles 7B, 7C, 7H, and 7I of Title 12 to limit the conversion of existing eating and drinking establishments in the Commercial Core 1 (CC1), Commercial Core 2 (CC2), Lionshead Mixed Use 1 (LMU-1), and Lionshead Mixed Use 2 (LMU-2) zone districts, thereby promoting the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. Please see Section IV of this memo for the full proposed text changes. 469 Town of Vail Page 2 III. BACKGROUND On April 15, 2025, Ordinance No. 9, Series of 2025, An Emergency Ordinance Temporarily Suspending the Issuance of Building Permits Related to the Conversion of Eating and Drinking Establishments to Retail Establishments in the SBR, SBR-2, CC-1, CC-2, LMU-1, LMU-2, and PA Zone Districts was adopted. On June 3, 2025, Ordinance No. 13, Series of 2025, An Emergency Ordinance Temporarily Suspending the Acceptance and Processing of Applications, the Scheduling of Public Hearings and the Issuance of Building Permits Related to the Conversion of Eating and Drinking Establishments to Any Other Permitted or Conditional Use in the SBR, SBR-2, CC-1, CC-2, LMU-1, LMU-2, and PA Zone Districts. Ordinance No. 13 repealed Ordinance No. 9 and narrowed applicability to interior conversions of existing eating and drinking establishments. Projects that have previously received PEC approval are not subject to the temporary stay. IV. PROPOSED TEXT AMENDMENT LANGUAGE The proposed new Sections, 12-7B-21, 12-7C-16, 12-7H-19, and 12-7I-19 would be added at the end of each of the articles for the CC1, CC2, LMU-1, and LMU-2 zone districts, respectively. The text listed below contains the four new sections to be added to the end of Articles 7B, 7C, 7H, and 7I. The proposed language is also included in Attachment A within the context of the entirety of each article. § 12-7B-21 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Commercial Core 1 (CC1) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Applicability. This Section shall apply to all existing eating and drinking establishments in the CC1 district, whether permitted by right or conditionally. (C) Permit required. A conversion of an existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (D) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (E) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the CC1 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a 470 Town of Vail Page 3 premises within the CC1 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (F) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. § 12-7C-16 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Commercial Core 2 (CC2) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Applicability. This Section shall apply to all existing eating and drinking establishments in the CC2 district, whether permitted by right or conditionally. (C) Permit required. A conversion of any existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (D) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (E) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the CC2 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the CC2 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (F) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. 471 Town of Vail Page 4 § 12-7H-19 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Lionshead Mixed Use 1 (LMU-1) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Applicability. This Section shall apply to all existing eating and drinking establishments in the LMU-1 district, whether permitted by right or conditionally. (C) Permit required. A conversion of any existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (D) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (E) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the LMU-1 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the LMU-1 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (F) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. § 12-7I-19 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Lionshead Mixed Use 2 (LMU-2) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Applicability. This Section shall apply to all existing eating and drinking establishments in the LMU-2 district, whether permitted by right or conditionally. (C) Permit required. A conversion of any existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (D) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. 472 Town of Vail Page 5 (E) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the LMU-2 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the LMU-2 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (F) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. V. ROLES OF REVIEWING BODIES Order of Review: Generally, text amendment applications will be reviewed by the Planning and Environmental Commission and the Commission will forward a recommendation to the Town Council. The Town Council will then review the text amendment application and make the final decision. Planning and Environmental Commission: The Planning and Environmental Commission is responsible for the review of a text amendment application, pursuant to Section 12-3-7, Amendment, Vail Town Code, and forwarding of a recommendation to the Town Council. Design Review Board: The Design Review Board (DRB) has no review authority over a text amendment to the Vail Town Code. Town Council: The Town Council is responsible for final approval, approval with modifications, or denial of a text amendment application, pursuant to Section 12-3-7, Amendment, Vail Town Code. 473 Town of Vail Page 6 Staff: The Town Staff facilitates the application review process. Staff reviews the submitted application materials for completeness and general compliance with the appropriate requirements of the Town Code. Staff also provides the Planning and Environmental Commission a memorandum containing a description and background of the application, an evaluation of the application in regard to the criteria and findings outlined by the Town Code, and a recommendation of approval, approval with modifications, or denial. VI. APPLICABLE PLANNING DOCUMENTS The following provisions of the Vail Town Code, Vail Village Master Plan, and Lionshead Redevelopment Master Plan are relevant to the review of this proposal: Title 12, Zoning Regulations, Vail Town Code CHAPTER 12-1, TITLE, PURPOSE AND APPLICABILITY (in part) Section 12-1-2: Purpose: A. General: These regulations are enacted for the purpose of promoting the health, safety, morals, and general welfare of the Town, and to promote the coordinated and harmonious development of the Town in a manner that will conserve and enhance its natural environment and its established character as a resort and residential community of high quality. B. Specific: These regulations are intended to achieve the following more specific purposes: 1. To provide for adequate light, air, sanitation, drainage, and public facilities. 2. To secure safety from fire, panic, flood, avalanche, accumulation of snow, and other dangerous conditions. 3. To promote safe and efficient pedestrian and vehicular traffic circulation and to lessen congestion in the streets. 4. To promote adequate and appropriately located off-street parking and loading facilities. 5. To conserve and maintain established community qualities and economic values. 6. To encourage a harmonious, convenient, workable relationship among land uses, consistent with Municipal development objectives. 7. To prevent excessive population densities and overcrowding of the land with 474 Town of Vail Page 7 structures. 8. To safeguard and enhance the appearance of the Town. 9. To conserve and protect wildlife, streams, woods, hillsides, and other desirable natural features. 10. To assure adequate open space, recreation opportunities, and other amenities and facilities conducive to desired living quarters. 11. To otherwise provide for the growth of an orderly and viable community. Vail Village Master Plan: Policy 2.4.2: Activity that provides nightlife and evening entertainment for both the guest and the community shall be encouraged. Policy 3.3.2: Outdoor dining is an important streetscape feature and shall be encouraged in commercial infill or redevelopment projects. Objective 3.3: Encourage a wide variety of activities, events, and street life along pedestrian ways and plazas. Policy 3.3.2: Outdoor dining is an important streetscape feature and shall be encouraged in commercial infill or redevelopment projects. Lionshead Redevelopment Master Plan: Mission Statement Lionshead lacks the charm, character, appeal and vibrancy expected of a world class resort. It lacks a sense of arrival and a sense of place. Pedestrian flow through the mall can be confusing and disconnected. The architecture lacks a unique identity or reference to Vail’s historical antecedents and its alpine environment. Many of the buildings are physically aging and functionally under-utilized, resulting in negative impacts to property values, private profits and public revenues. Potential hospitality, retail and recreational uses, and community amenities are unmet or unrealized. It would be short-sighted to ignore these conditions and do nothing. The opportunity exists for the public and private sectors to act collaboratively to renew and revitalize this important component of our community. Vail Town Council, November 4, 1996 1.2 Master Plan Framework 475 Town of Vail Page 8 The Lionshead Master Plan is based on a set of fundamental design objectives that relate to the entire study area: • The Pedestrian Environment The defining characteristic of Lionshead is its pedestrian environment, and the emphasis of the master plan is to improve its quality as a generator of activity. 2.1 Purpose of the Master Plan Both public and private interests have recognized that Lionshead today lacks the economic vitality of Vail Village, its neighboring commercial district, and fails to offer a world-class resort experience. Skiers are spending less time skiing and more time shopping, dining out, and enjoying other off-mountain activities. As a result, the demand for quality retail shopping and a greater diversity of experiences has dramatically increased. All of these are sorely in need of improvement in Lionshead. Vail, and specifically Lionshead, will fall behind if the community fails to upgrade the quality of its facilities and correct the existing flaws in its primary commercial nodes. Town of Vail 2024 Five Year Strategic Plan: 2. Mission and Vision The Town of Vail’s Vision is: To be the premier mountain resort community in the world. 4. C. Strategic Priority - Provide an Authentic Vail Experience: Vail’s vision of being the premier mountain resort community despite a trend towards homogeneity in the ski industry will be achieved by creating programming and events authentic to Vail’s pioneering and entrepreneurial spirit. We are a community that celebrates the sport of skiing and mountain town living. Desired Results: C.1: By 2027, Vail will create and/or enhance 1 to 2 showstopper, unique events in the winter and summer seasons which are consistent with the authentic Vail vibe. Examples: GoPro Mountain Games, X Games, Burton US Open, Street Beat, Dew Tour, Loveland Derby, Ski Races, Bravo! C.2: By 2029, Vail will create a seamless, vibrant, inclusive experience as people move from the mountain into town and from town onto the mountain as measured in guest intercept surveys. As our guests and residents’ transition, whether on skis, bikes or on foot, between the Town and Vail Mountain they will be enticed and welcomed by 476 Town of Vail Page 9 programming that creates an energetic and fun vibe ready to greet them at the base area. C.3: By June 2025, modify town codes to support vibrancy (special events, live entertainment, nightlife). C.4: By 2027, 70% of individuals under 40 will state “Vail is a kickass place” as measured by the net promotor score. C.5: By 2025, The Town of Vail municipal government will provide excellent customer service through clear definitions, measurements, and reporting. VII. CRITERIA FOR REVIEW 1. The extent to which the text amendment furthers the general and specific purposes of the zoning regulations; The purpose of these proposed prescribed regulation amendments is to preserve and enhance vibrancy, vitality, nightlife, and an activated streetscape in Vail’s village core areas adjacent to the skier yards in Vail Village and Lionshead. To remain viable as the premier mountain resort community in the world, the proposed amendments are necessary and in keeping with the purpose of Title 12: Zoning Regulations. Staff have found the proposed text amendments to be in conformance with this criterion. 2. The extent to which the text amendment would better implement and better achieve the applicable elements of the adopted goals, objectives, and policies outlined in the Vail comprehensive plan and is compatible with the development objectives of the town; The proposed amendments are compatible with the development objectives of the town, the applicable master plans, and reflect the vision and priorities of the Town of Vail 2024 Five Year Strategic Plan. Staff have found the proposed text amendments to be in conformance with this criterion. 3. The text amendment demonstrates how conditions have substantially changed since the adoption of the subject regulation and how the existing regulation is no longer appropriate or is inapplicable The proposed amendment is the result of recommended updates to the code based on the Town’s concerns regarding the potential decline of activated, vibrant, and fun core areas close to the base of the mountain during the daytime, après, and evening hours. Priorities have changed since the adoption of the subject regulations as most recently reflected in the Town of Vail 2024 Five Year Strategic Plan. 477 Town of Vail Page 10 Staff have found the proposed text amendments to be in conformance with this criterion. 4. The extent to which the text amendment provides a harmonious, convenient, workable relationship among land use regulations consistent with municipal development objectives; and The proposed amendments will provide a regulatory mechanism to ensure the ability of the Town to maintain and enhance the vibrancy that residents and visitors expect when they come to Vail. The prescribed regulation amendments will provide a harmonious, convenient, and workable relationship with the other land use regulations in a consistent manner with municipal development objectives. Staff have found the proposed text amendments to be in conformance with this criterion. 5. Such other factors and criteria the Planning and Environmental Commission and/or council deem applicable to the proposed text amendments Staff will provide additional information as needed should the PEC and/or Council determine other factors or criteria are applicable to the proposed text amendment. VIII. STAFF RECOMMENDATION The Community Development Department recommends that the Planning and Environmental Commission forward a recommendation of approval for the prescribed regulation amendment to the Vail Town Council. This recommendation is based upon the review of the criteria outlined in Section VIII of this memorandum and the evidence and testimony presented. Should the Planning and Environmental Commission choose to forward a recommendation of approval to the Vail Town Council for the prescribed regulation amendment, the Community Development Department recommends the Commission pass the following motion: "The Planning and Environmental Commission forwards a recommendation of approval to the Vail Town Council for a prescribed regulations amendment to Title 12, Zoning Regulations, Article 7B: Commercial Core 1 (CC1) District; Article 7C: Commercial Core 2 (CC2) Zone District; Article 7H: Lionshead Mixed Use 1 (LMU-1) Zone District; and, Article 7I: Lionshead Mixed Use 2 (LMU-2) Zone District, pursuant to Section 12-3-7, Amendments, Vail Town Code, to add language regarding conversions of existing eating and drinking establishments. (PEC25-0034)” 478 Town of Vail Page 11 Should the Planning and Environmental Commission choose to forward a recommendation of approval to the Vail Town Council for the prescribed regulation amendment, the Community Development Department recommends the Commission makes the following findings: “Based upon a review of Section VII of the October 13, 2025, staff memorandum to the Planning and Environmental Commission, and the evidence and testimony presented, the Planning and Environmental Commission finds: 1. That the amendment is consistent with the applicable elements of the adopted goals, objectives and policies outlined in the Vail Comprehensive Plan and is compatible with the development objectives of the Town; and 2. That the amendment furthers the general and specific purposes of the Zoning Regulations outlined in Section 12-1-2, Purpose, Vail Town Code; and 3. That the amendment promotes the health, safety, morals, and general welfare of the Town and promotes the coordinated and harmonious development of the Town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality." IX. ATTACHMENTS A. Proposed Amendments to Title 12, Articles 7B, 7C, 7H, and 7I 479 Attachment A Proposed Text Amendments to Title 12: Zoning Regulations, Articles 7B, 7C, 7H, and 7I. New sections are added at the end of each article and shown in bold text. Title 12, Article 7B § 12-7B-2 PERMITTED AND CONDITIONAL USES; BASEMENT OR GARDEN LEVEL. (A) Permitted uses. The following uses shall be permitted in basement or garden levels within a structure: (1) Retail shops and establishments, including the following: (a) Apparel stores; (b) Art supply stores and galleries; (c) Bakeries and confectioneries; (d) Bookstores; (e) Camera stores and photographic studios; (f) Candy stores; (g) Chinaware and glassware stores; (h) Delicatessens and specialty food stores; (i) Drugstores; (j) Florists; (k) Gift shops; (l) Health food stores; (m) Hobby stores; (n) Jewelry stores; (o) Leather goods stores; (p) Music and record stores; (q) Newsstands and tobacco stores; (r) Sporting goods stores; 480 (s) Stationery stores; (t) Toy stores; (u) Variety stores; and (v) Yardage and dry goods stores. (2) Personal services and repair shops, including the following: (a) Beauty and barber shops; (b) Commercial ski storage/ski club; (c) Small appliance repair shops; (d) Tailors and dressmakers; and (e) Travel and ticket agencies. (3) Eating and drinking establishments, including the following: (a) Bakeries and delicatessens with food service, restricted to preparation of products specifically for sale on the premises; (b) Cocktail lounges and bars; (c) Coffee shop; (d) Fountains and sandwich shops; and (e) Restaurants. (4) Professional offices, business offices and studios; (5) Banks and financial institutions; (6) Additional uses determined to be similar to permitted uses described in subsections (A)(1) through (A)(5) of this section, in accordance with the provisions of § 12-3-4 of this title so long as they do not encourage vehicular traffic. (7) Lodges; and (8) Employee housing units, as further regulated by Chapter 13 of this title. (B) Conditional uses. The following uses shall be permitted in basement or garden levels within a structure, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (1) Electronic sales and repair shops; (2) Household appliance stores; 481 (3) Liquor stores; (4) Luggage stores; (5) Major arcades; (6) Meeting rooms; (7) Multiple-family dwellings; (8) Outdoor patios; (9) Religious institutions; and (10) Theaters. (Ord. 39(2007) § 2; Ord. 1(2008) § 12; Ord. 8(2014) § 2; Ord. 2(2016) § 7) § 12-7B-3 PERMITTED AND CONDITIONAL USES; FIRST FLOOR OR STREET LEVEL. (A) Permitted uses. The following uses shall be permitted on the first floor or street level within a structure: (1) Retail stores and establishments, including the following: (a) Apparel stores; (b) Art supply stores and galleries; (c) Bakeries and confectioneries; (d) Bookstores; (e) Camera stores and photographic studios; (f) Candy stores; (g) Chinaware and glassware stores; (h) Delicatessens and specialty food stores; (i) Drugstores; (j) Florists; (k) Gift shops; (l) Hobby stores; (m) Jewelry stores; (n) Leather goods stores; 482 (o) Luggage stores; (p) Music and record stores; (q) Newsstands and tobacco stores; (r) Sporting goods stores; (s) Stationery stores; (t) Toy stores; (u) Travel and ticket agencies; (v) Variety stores; and (w) Yardage and dry goods stores. (2) Eating and drinking establishments, including the following: (a) Bakeries and delicatessens with food service, restricted to preparation of products specifically for sale on the premises; (b) Cocktail lounges and bars; (c) Coffee shops; (d) Fountains and sandwich shops; and (e) Restaurants. (3) Lodges; (4) Employee housing units, as further regulated by Chapter 13 of this title; (5) Additional uses determined to be similar to permitted uses described in subsections (A)(1) and (A)(2) of this section, in accordance with the provisions of § 12- 3-4 of this title so long as they do not encourage vehicular traffic; and (6) Automated teller machines (ATMs) exterior to a building. (B) Conditional uses. The following uses shall be permitted on the first floor or street level floor within a structure, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (1) Banks and financial institutions; (2) Beauty and barber shops; (3) Electronics sales and repair shops; (4) Household appliance stores; 483 (5) Liquor stores; and (6) Outdoor patios. (Ord. 39(2007) § 2; Ord. 1(2008) § 12; Ord. 12(2008) § 12) § 12-7B-4 PERMITTED AND CONDITIONAL USES; SECOND FLOOR. (A) Permitted uses; exception. The following uses shall be permitted on the second floor within a structure; provided, however, that a conditional use permit will be required in accordance with Chapter 16 of this title for any use which eliminates any existing dwelling or accommodation unit or any portion thereof: (1) Multiple-family residential dwelling; (2) Lodges; (3) Professional offices, business offices and studios; (4) Banks and financial institutions; (5) Personal services and repair shops, including the following: (a) Beauty and barber shops; (b) Business and office services; (c) Tailors and dressmakers; and (d) Travel and ticket agencies. (6) Retail stores and establishments, including the following: (a) Apparel stores; (b) Art supply stores and galleries; (c) Bakeries and confectioneries; (d) Bookstores; (e) Camera stores and photographic studios; (f) Candy stores; (g) Chinaware and glassware stores; (h) Delicatessens and specialty food stores; (i) Drugstores; (j) Florists; 484 (k) Gift shops; (l) Hobby stores; (m) Jewelry stores; (n) Leather goods stores; (o) Music and record stores; (p) Newsstands and tobacco stores; (q) Photographic studios; (r) Sporting goods stores; (s) Toy stores; (t) Variety stores; and (u) Yardage and dry goods stores. (7) Eating and drinking establishments, including the following: (a) Bakeries and delicatessens with food service, restricted to preparation of products specifically for sale on the premises; (b) Cocktail lounges and bars; (c) Coffee shops; (d) Fountains and sandwich shops; and (e) Restaurants. (8) Employee housing units, as further regulated by Chapter 13 of this title. (B) Conditional uses. The following uses shall be permitted on second floors, subject to the issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (1) Dog kennels; (2) Electronics sales and repair shops; (3) Household appliance stores; (4) Liquor stores; (5) Luggage stores; (6) Meeting rooms; 485 (7) Outdoor patios; (8) Religious institutions; and (9) Theaters. (Ord. 39(2007) § 2; Ord. 1(2008) § 12; Ord. 12(2008) § 12; Ord. 2(2016) § 8) § 12-7B-5 PERMITTED AND CONDITIONAL USES; ABOVE SECOND FLOOR. (A) Permitted uses. The following uses shall be permitted on any floor above the second floor: (1) Employee housing units, as further regulated by Chapter 13 of this title; (2) Lodges; and (3) Multiple-family residential dwellings. (B) Conditional uses. The following uses shall be permitted on any floor above the second floor, subject to the issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title. Any permitted or conditional use which eliminates any existing dwelling or accommodation unit, or any portion thereof, shall require a conditional use permit. Such uses may include: (1) Retail stores and establishments, including the following: (a) Apparel stores; (b) Art supply stores and galleries; (c) Bakeries and confectioneries; (d) Bookstores; (e) Camera stores and photographic studios; (f) Chinaware and glassware stores; (g) Delicatessens and specialty food stores; (h) Drugstores; (i) Electronics sales and repair shops; (j) Florists; (k) Gift shops; (l) Hobby stores; (m) Jewelry stores; 486 (n) Leather goods stores; (o) Liquor stores; (p) Luggage stores; (q) Music and record stores; (r) Newsstands and tobacco stores; (s) Photographic studios; (t) Sporting goods stores; (u) Stationery stores; (v) Toy stores; (w) Variety stores; and (x) Yardage and dry goods stores. (2) Eating and drinking establishments, including the following: (a) Bakeries and delicatessens with food service, restricted to preparation of products specifically for sale on the premises; (b) Cocktail lounges and bars; (c) Coffee shops; (d) Fountains and sandwich shops; and (e) Restaurants. (3) Professional offices, business offices, and studios; (4) Banks and financial institutions; (5) Personal services and repair shops, including the following: (a) Beauty and barber shops; (b) Business and office services; (c) Small appliance repair shops; (d) Tailors and dressmakers; and (e) Travel and ticket agencies. (6) Theaters; and 487 (7) Additional uses determined to be similar to permitted uses described in subsections (B)(1) through (B)(5) of this section in accordance with the provisions of § 12-3-4 of this title, so long as they do not encourage vehicular traffic. (Ord. 39(2007) § 2; Ord. 1(2008) § 12; Ord. 12(2008) § 12) § 12-7B-6 CONDITIONAL USES; GENERALLY. The following uses shall be permitted, subject to the issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (A) Bed and breakfasts, as further regulated by § 12-14-18 of this title; (B) Public buildings, grounds and facilities; (C) Public park and recreation facilities; (D) Public utility and public service uses; and (E) Ski lifts and tows. (Ord. 8(1973) § 8.300; Ord. 16(1975) § 3(B); Ord. 31(1989) § 8; Ord. 29(2005) § 24) § 12-7B-7 EXTERIOR ALTERATIONS OR MODIFICATIONS. (A) Applicability. The construction of a new building, the alteration of an existing building which adds or removes any enclosed floor area, the alteration of an existing building which modifies exterior rooflines, the replacement of an existing building, the addition of a new outdoor dining deck or the modification of an existing outdoor dining deck shall require approval from the Planning and Environmental Commission (PEC). (1) Application. An application shall be made by the owner of the building or the building owner's authorized agent or representative on a form provided by the Administrator. Any application for a building in a common interest community shall be duly authorized by the condominium association. (2) Application contents. The Administrator shall establish the submittal requirements for an exterior alteration or modification application. A complete list of the submittal requirements shall be maintained by the Department of Community Development. Certain submittal requirements may be waived by the Administrator or reviewing body if the applicant demonstrates that the information and materials required are not relevant to the application. The Administrator or the reviewing body may require the submission of additional plans, drawings, specifications, samples and other materials if deemed necessary to properly evaluate the proposal. (3) Hearing. The public hearing before the Planning and Environmental Commission shall be held in accordance with § 12-3-6 of this Title. The Planning and 488 Environmental Commission may approve the application as submitted, approve the application with conditions or modifications, or deny the application. The decision of the Planning and Environmental Commission may be appealed to the Town Council in accordance with § 12-3-3 of this Title. (4) Burden of proof. At the hearing, the applicant shall prove by a preponderance of the evidence that the proposed exterior alteration is in compliance with the purposes of the CC1 District as specified in § 12-7B-1 of this Article; that the proposal is consistent with applicable elements of the Vail Village Master Plan, the Town of Vail Streetscape Master Plan and the Vail Comprehensive Plan; that the proposal does not otherwise negatively alter the character of the neighborhood; and that the proposal substantially complies with the Vail Village Urban Design Guide Plan and the Vail Village design considerations, including without limitation the following urban design considerations: pedestrianization, vehicular penetration, streetscape framework, street enclosure, street edge, building height, views, service/delivery and sun/shade analysis. (5) Approval. Approval of an exterior alteration under this Section shall constitute approval of the basic form and location of improvements including siting, building setbacks, height, building bulk and mass, site improvements and landscaping. (6) Lapse of approval. Approval of an exterior alteration shall lapse and become void two years following the date of approval unless, prior to the expiration, a building permit is issued and construction is commenced and diligently pursued to completion. (7) Design Review Board review. Any modification or change to the exterior facade of a building or to a site within the CC1 District shall be reviewed by the Design Review Board in accordance with Chapter 11 of this title. (B) Compliance burden. It shall be the burden of the applicant to prove by a preponderance of the evidence before the Design Review Board that the proposed building modification is in compliance with the purposes of the CC1 District as specified in § 12-7B-1 of this article; that the proposal substantially complies with the Vail Village design considerations, and that the proposal does not otherwise alter the character of the neighborhood. (Ord. 21(1980) § 1; Ord. 25(1982) § 1(d); Ord. 41(1983) § 1; Ord. 4(1993) § 1; 1997 Code; Ord. 1(1998) § 1; Ord. 5(2003) § 6; Ord. 29(2005) § 24; Ord. 2(2024) § 1) § 12-7B-8 CONDITIONAL USES; FACTORS APPLICABLE. In considering, in accordance with Chapter 16 of this title, an application for a conditional use permit within Commercial Core 1 District, the following development factors shall be applicable: (A) Effects of vehicular traffic on Commercial Core 1 District; 489 (B) Reduction of vehicular traffic in Commercial Core 1 District; (C) Reduction of nonessential off-street parking; (D) Control of delivery, pick up, and service vehicles; (E) Development of public spaces for use by pedestrians; (F) Continuance of the various commercial, residential, and public uses in Commercial Core 1 District so as to maintain the existing character of the area; (G) Control quality of construction, architectural design, and landscape design in Commercial Core 1 District so as to maintain the existing character of the area; and (H) Effects of noise, odor, dust, smoke, and other factors on the environment of Commercial Core 1 District. (Ord. 16(1975) § 4; Ord. 29(2005) § 24) § 12-7B-9 ACCESSORY USES. The following accessory uses shall be permitted in the CC1 District: (A) Home occupations, subject to issuance of a home occupation permit in accordance with the provisions of § 12-14-12 of this title; (B) Minor arcade. Amusement devices shall not be visible or audible from any public way, street, walkway or mall area; (C) Outdoor dining areas operated in conjunction with permitted eating and drinking establishments; (D) Swimming pools, patios, or other recreational facilities customarily incidental to permitted residential or lodge uses; and (E) Other uses customarily incidental and accessory to permitted or conditional uses, and necessary for the operation thereof. (Ord. 8(1973) § 8.400; Ord. 16(1975) § 3(C); Ord. 6(1982) § 3(b); Ord. 29(2005) § 24) § 12-7B-10 LOT AREA AND SITE DIMENSIONS. The minimum lot or site area shall be 5,000 square feet of buildable area, and each site shall have a minimum frontage of 30 feet. (Ord. 12(1978) § 3) § 12-7B-11 SETBACKS. 490 There shall be no required setbacks, except as may be established pursuant to the Vail Village Design Guide Plan and Design Considerations. (Ord. 21(1980) § 1; Ord. 29(2005) § 24) § 12-7B-12 HEIGHT. Height shall be as regulated in the Vail Village Urban Design Guide Plan and Design Considerations. (Ord. 37(1980) § 2; Ord. 11(1982) § 2; Ord. 29(2005) § 24) § 12-7B-13 DENSITY CONTROL. (A) Unless otherwise provided in the Vail Village Urban Design Guide Plan, not more than 80 square feet of gross residential floor area (GRFA) shall be permitted for each 100 square feet of buildable site area. Total density shall not exceed 25 dwelling units per acre of buildable site area. Each accommodation unit shall be counted as one-half of a dwelling unit for purposes of calculating allowable units per acre. (B) A dwelling unit in a multiple-family building may include one attached accommodation unit no larger than one-third of the total floor area of the dwelling. (Ord. 21(1980) § 1; Ord. 31(2001) §§ 3, 5; Ord. 29(2005) § 24) § 12-7B-14 RECONSTRUCTION OF EXISTING USES; GENERALLY. If any building or structure located within Commercial Core 1 District on June 1, 1978, is subsequently destroyed by fire or other casualty to the degree provided in § 12-18-9 of this title, that structure or building may be reconstructed to the same or substantially the same size, dimensions, lot coverage and height in accordance with the procedures outlined in § 12-18-9 of this title, so long as the appearance of the building or structure is the same or substantially the same as existed prior to its destruction. (Ord. 13(1978) § 2; Ord. 19(1979) § 3(a); Ord. 29(2005) § 24) § 12-7B-15 SITE COVERAGE. Site coverage shall not exceed 80% of the total site area, unless otherwise specified in the Vail Village Urban Design Guide Plan and Design Considerations. In Commercial Core 1 District, ground level patios and decks shall be included in site coverage calculations. (Ord. 21(1980) § 1; Ord. 17(1991) § 8; Ord. 29(2005) § 24) § 12-7B-16 LANDSCAPING AND SITE DEVELOPMENT. 491 No reduction in landscape area shall be permitted without sufficient cause shown by the applicant or as specified in the Vail Village design considerations as adopted in § 12-7B-20 of this article. (Ord. 21(1980) § 1; 1997 Code; Ord. 29(2005) § 24) § 12-7B-17 PARKING AND LOADING. Off-street parking and loading shall be provided in accordance with Chapter 10 of this title; provided, that no parking shall be provided on site. All parking requirements shall be met in accordance with the provisions of Chapter 10 of this title. Loading requirements shall continue to be applicable to properties within Commercial Core 1 District; provided that no loading areas shall be located in any required front setback area. (Ord. 13(1978) § 3; Ord. 29(2005) § 24) § 12-7B-18 LOCATION OF BUSINESS ACTIVITY. (A) Limitations; exception. All offices, businesses and services permitted by §§ 12- 7B-2 through 12-7B-5 shall be operated and conducted entirely within a building, except for permitted unenclosed parking or loading areas, and the outdoor display of goods. For purposes of this section, CONDUCTED ENTIRELY WITHIN A BUILDING means that all activities related to the permitted use, including contacting potential customers and clients, must occur completely inside of a building, and not in an open doorway of the building. (B) Outdoor displays. The area to be used for an outdoor display shall be located directly in front of the establishment displaying the goods and entirely upon the establishment’s own property. Sidewalks, building entrances and exits, driveways and streets shall not be obstructed by outdoor displays. (Ord. 8(1973) § 8.511; Ord. 19(1976) § 9; Ord. 34(1982) § 1; Ord. 11(2019) § 1) § 12-7B-19 RECONSTRUCTION OF EXISTING USES; COMPLIANCE REQUIRED. Any building or structure located within Commercial Core 1 District may be reconstructed to the same or substantially the same enclosed floor area in accordance with the procedures outlined in § 12-18-9 of this title. The building, however, shall substantially comply with the applicable provisions of the Vail Village Urban Design Guide Plan and Design Considerations. (Ord. 21(1980) § 1; Ord. 29(2005) § 24) § 12-7B-20 VAIL VILLAGE URBAN DESIGN GUIDE PLAN. 492 (A) Adoption. The Vail Village Urban Design Guide Plan and Design Considerations are adopted for the purposes of maintaining and preserving the character and vitality of the Vail Village (CC1) and to guide the future alteration, change and improvement in the CC1 District. Copies of the Vail Village Design Guide Plan and Design Considerations shall be on file in the Department of Community Development. (B) Revisions. Revisions to the Vail Village urban design guide plan and Design Considerations shall be reviewed by the Planning and Environmental Commission with official action to be taken by the Town Council by resolution on a semiannual basis to ensure that the plan reflects the purposes and intent for which it has been adopted. The review and action shall take place within 30 days following the public hearing on the applications. § 12-7B-21 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Commercial Core 1 (CC1) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Applicability. This Section shall apply to all existing eating and drinking establishments in the CC1 district, whether permitted by right or conditionally. (C) Permit required. A conversion of an existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (D) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (E) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the CC1 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the CC1 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. 493 (F) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12- 3-3.A. Title 12, Article 7C § 12-7C-1 PURPOSE. The Commercial Core 2 District is intended to provide sites for a mixture of multiple dwellings, lodges and commercial establishments in a clustered, unified development. Commercial Core 2 District in accordance with the Vail Village Urban Design Guide Plan and Design Considerations, as adopted in § 12-7C-15 of this article is intended to ensure adequate light, air, open space and other amenities appropriate to the permitted types of building and uses and to maintain the desirable qualities of the zone district by establishing appropriate site development standards. (Ord. 21(1980) § 2; 1997 Code; Ord. 31(2001) § 8; Ord. 29(2005) § 24) § 12-7C-2 REQUIREMENTS FOR ESTABLISHMENT; DEVELOPMENT PLAN. (A) Review required. Prior to the establishment of any Commercial Core 2 District or enlargement of any existing Commercial Core 2 District by change of zone district boundaries, the Town Council shall by resolution adopt a general development plan for the proposed zone district. The general development plan may be prepared by an applicant for the establishment of such zone district or may be prepared by the town. The development plan shall be submitted to the Planning and Environmental Commission for review, and the Planning and Environmental Commission shall submit its findings and recommendations on the plan to the Town Council. (B) Development plan content. The Administrator shall establish the submittal requirements for a development plan application. (1) A complete list of the submittal requirements shall be maintained by the Administrator and filed in the Department of Community Development. Certain submittal requirements may be waived and/or modified by the Administrator and/or the reviewing body if it is demonstrated by the applicant that the information and materials required are not relevant to the proposed development or applicable to the planning documents that comprise the Vail Comprehensive Plan. 494 (2) The Administrator and/or the reviewing body may require the submission of additional plans, drawings, specifications, samples and other materials if deemed necessary to properly evaluate the proposal. (C) Plan used as guide. The development plan shall be used as a guide for the subsequent development of sites and the design and location of buildings and grounds within the zone district. All plans subsequently approved by the Design Review Board in accordance with Chapter 11 of this title, shall substantially conform to the development plan adopted by the Town Council. (Ord. 8(1973) § 9.200; Ord. 31(2001) § 8; Ord. 5(2003) § 7; Ord. 29(2005) § 24) § 12-7C-3 PERMITTED AND CONDITIONAL USES. In the CC2 District, permitted and conditional uses for specific floors shall be the same as those permitted in the Commercial Core 1 District as prescribed by §§ 12-7B-2 through 12-7B-5 of this chapter. Retail stores and establishments shall not occupy more than 8,000 square feet of floor area. (Ord. 8(1973) § 9.300; Ord. 50(1978) § 7; Ord. 31(2001) § 8; Ord. 29(2005) § 24) § 12-7C-4 CONDITIONAL USES; GENERALLY. The following conditional uses shall be permitted, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (A) Bed and breakfasts as further regulated by § 12-14-18 of this title; (B) Brewpubs; (C) Commercial storage; (D) Laundromats; (E) Public buildings, grounds and facilities; (F) Public park and recreation facilities; (G) Public utility and public service uses; (H) Religious institutions; (I) Ski lifts and tows; (J) Television stations; and 495 (K) Theaters, meeting rooms and convention facilities. (Ord. 8(1973) § 9.400; Ord. 50(1978) § 8; Ord. 8(1981) § 2; Ord. 21(1983) § 1; Ord. 31(1989) § 9; Ord. 23(1990) § 1; Ord. 16(1996) § 1; Ord. 10(1998) §§ 5, 6, 7; Ord. 31(2001) § 8; Ord. 29(2005) § 24; Ord. 2(2016) § 9) § 12-7C-5 EXTERIOR ALTERATIONS OR MODIFICATIONS. (A) Applicability. The construction of a new building, the alteration of an existing building which adds or removes any enclosed floor area, the alteration of an existing building which modifies exterior rooflines, the replacement of an existing building, the addition of a new outdoor dining deck or the modification of an existing outdoor dining deck shall require approval from the Planning and Environmental Commission (PEC). (1) Application. An application shall be made by the owner of the building or the building owner's authorized agent or representative on a form provided by the Administrator. Any application for a building in a common interest community shall be duly authorized by the condominium association. (2) Application contents. The Administrator shall establish the submittal requirements for an exterior alteration or modification application. A complete list of the submittal requirements shall be maintained by the Department of Community Development. Certain submittal requirements may be waived by the Administrator or reviewing body if the applicant demonstrates that the information and materials required are not relevant to the application. The Administrator or the reviewing body may require the submission of additional plans, drawings, specifications, samples and other materials if deemed necessary to properly evaluate the proposal. (3) Burden of proof. At the hearing, the applicant shall prove by a preponderance of the evidence that the proposed exterior alteration is in compliance with the purposes of the CC2 District as specified in § 12-7C-1 of this Article; that the proposal is consistent with applicable elements of the Vail Village Master Plan, the Town of Vail Streetscape Master Plan and the Vail Comprehensive Plan; that the proposal does not otherwise negatively alter the character of the neighborhood; and that the proposal substantially complies with the Vail Village Urban Design Guide Plan and the Vail Village design considerations, including without limitation the following urban design considerations: pedestrianization, vehicular penetration, streetscape framework, street enclosure, street edge, building height, views, service/delivery and sun/shade analysis. (4) Approval. Approval of an exterior alteration under this Section shall constitute approval of the basic form and location of improvements including 496 siting, building setbacks, height, building bulk and mass, site improvements and landscaping. (5) Lapse of approval. Approval of an exterior alteration shall lapse and become void two years following the date of approval by the Planning and Environmental Commission unless, prior to the expiration, a building permit is issued and construction is commenced and diligently pursued to completion. (6) Design Review Board review. Any modification or change to the exterior facade of a building or to a site within the CC2 District shall be reviewed by the Design Review Board in accordance with Chapter 11 of this title. (B) Compliance burden. It shall be the burden of the applicant to prove by a preponderance of the evidence before the Design Review Board that the proposed building modification is in compliance with the purposes of the CC2 District as specified in § 12-7C-1 of this article; that the proposal substantially complies with the Vail Village design considerations or that the proposal does not otherwise alter the character of the neighborhood. (Ord. 21(1980) § 2; Ord. 25(1982) § 1(e); Ord. 4(1983) § 1; Ord. 7(1984) § 1; Ord. 4(1993) § 2; 1997 Code; Ord. 1(1998) § 1; Ord. 31(2001) § 8; Ord. 5(2003) § 8; Ord. 29(2005) § 24; Ord. 2(2024) § 2) Editor’s note: The submittal deadlines contained in subsection (A)(3) of this section are hereby waived for project applications for the 1998 calendar year. § 12-7C-6 ACCESSORY USES. The following accessory uses shall be permitted in the CC2 District: (A) Home occupations, subject to issuance of a home occupation permit in accordance with the provisions of § 12-14-12 of this title; (B) Minor arcades. Amusement devices shall not be visible or audible from public way, street, walkway or mall area; (C) Outdoor dining areas operated in conjunction with permitted eating and drinking establishments; (D) Swimming pools, tennis courts, patios or other recreation facilities customarily incidental to permitted residential or lodge uses; and (E) Other uses customarily incidental and accessory to permitted or conditional uses, and necessary for the operation thereof. 497 (Ord. 8(1973) § 9.500; Ord. 6(1982) § 4(a); Ord. 31(2001) § 8; Ord. 29(2005) § 24) § 12-7C-7 LOT AREA AND SITE DIMENSIONS. The minimum lot or site area shall be 10,000 square feet of buildable area, and each site shall have a minimum frontage of 30 feet. Each site shall be of a size and shape capable of enclosing a square area, 80 feet on each side, within its boundaries. (Ord. 12(1978) § 3; Ord. 31(2001) § 8) § 12-7C-8 SETBACKS. In the CC2 District the minimum front setback shall be ten feet; the minimum side setback shall be ten feet; and the minimum rear setback shall be ten feet unless otherwise specified in the Vail Village Urban Design Guide Plan and Design Considerations. (Ord. 21(1980) § 2; Ord. 31(2001) § 8; Ord. 29(2005) § 24) § 12-7C-9 HEIGHT. For a flat roof or mansard roof, the height of buildings shall not exceed 45 feet. For a sloping roof, the height of buildings shall not exceed 48 feet. These restrictions pertain unless otherwise specified by the Vail Village Urban Design Guide Plan and urban design considerations. (Ord. 37(1980) § 2; Ord. 31(2001) § 8; Ord. 29(2005) § 24) § 12-7C-10 DENSITY CONTROL. Unless otherwise specified in the Vail Village Urban Design Guide Plan, not more than 80 square feet of gross residential floor area (GRFA) shall be permitted for each 100 square feet of buildable site area. Total density shall not exceed 25 dwelling units per acre of buildable site area. Each accommodation unit shall be counted as one-half of a dwelling unit for purposes of calculating allowable units per acre. A dwelling unit in a multiple-family building may include one attached accommodation unit no larger than one-third of the total floor area of the dwelling. (Ord. 21(1980) § ; Ord. 31(2001) §§ 3, 5, 8; Ord. 29(2005) § 24) § 12-7C-11 SITE COVERAGE. Site coverage shall not exceed 70% of the total site area, unless otherwise specified in the Vail Village Urban Design Guide Plan and Design Considerations. 498 (Ord. 21(1980) § 2; Ord. 17(1991) § 9; Ord. 31(2001) § 8; Ord. 29(2005) § 24) § 12-7C-12 LANDSCAPING AND SITE DEVELOPMENT. At least 20% of the total site area shall be landscaped unless otherwise specified in the Vail Village Urban Design Guide Plan and Design Considerations. (Ord. 21(1980) § 2; Ord. 31(2001) § 8; Ord. 29(2005) § 24) § 12-7C-13 PARKING AND LOADING. Off-street parking and loading shall be provided in accordance with Chapter 10 of this title. At least one-half the required parking shall be located within the main building or buildings. No parking or loading area shall be located in any required front setback area. (Ord. 8(1973) § 9.610; Ord. 31(2001) § 8) § 12-7C-14 LOCATION OF BUSINESS ACTIVITY. (A) Limitations; exception. All offices, businesses and services permitted by § 12-7C-3 shall be operated and conducted entirely within a building, except for permitted unenclosed parking or loading areas and the outdoor display of goods. For purposes of this section, CONDUCTED ENTIRELY WITHIN A BUILDING means that all activities related to the permitted use, including contacting potential customers and clients, must occur completely inside of a building, and not in an open doorway of the building. (B) Outdoor displays. The area to be used for an outdoor display shall be located directly in front of the establishment displaying the goods and entirely upon the establishment’s own property. Sidewalks, building entrances and exits, driveways and streets shall not be obstructed by outdoor displays. (Ord. 8(1973) § 9.611; Ord. 34(1982) § 2; Ord. 31(2001) § 8; Ord. 11(2019) § 2) § 12-7C-15 VAIL VILLAGE URBAN DESIGN GUIDE PLAN AND DESIGN CONSIDERATIONS. (A) Adoption. The Vail Village Urban Design Guide Plan and Design Considerations are adopted for the purpose of maintaining and preserving the character and vitality of Vail Village (CC2) and to guide the future alterations, change and improvement in the CC2 District. Copies of the Vail Village Urban Design Guide Plan and Design Considerations shall be on file in the Department of Community Development. 499 (B) Revisions. Revisions to the Vail Village Urban Design Guide Plan and Design Considerations shall be reviewed by the Planning and Environmental Commission with official action to be taken by the Town Council by resolution on a semiannual basis to ensure that the plan reflects the purposes and intent for which it has been adopted. The review and action shall take place within 30 days following the public hearing on the applications. § 12-7C-16 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Commercial Core 2 (CC2) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Applicability. This Section shall apply to all existing eating and drinking establishments in the CC2 district, whether permitted by right or conditionally. (C) Permit required. A conversion of any existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (D) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (E) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the CC2 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the CC2 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (F) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12- 3-3.A. 500 Title 12, Article 7H § 12-7H-1 PURPOSE. (A) The Lionshead Mixed Use 1 District is intended to provide sites for a mixture of multiple-family dwellings, lodges, hotels, fractional fee clubs, timeshares, lodge dwelling units, restaurants, offices, skier services, and commercial establishments in a clustered, unified development. Lionshead Mixed Use 1 District, in accordance with the Lionshead Redevelopment Master Plan, is intended to ensure adequate light, air, open space and other amenities appropriate to the permitted types of buildings and uses and to maintain the desirable qualities of the zone district by establishing appropriate site development standards. This zone district is meant to encourage and provide incentives for redevelopment in accordance with the Lionshead Redevelopment Master Plan. (B) This zone district was specifically developed to provide incentives for properties to redevelop. The ultimate goal of these incentives is to create an economically vibrant lodging, housing and commercial core area. The incentives in this zone district include increases in allowable gross residential floor area, building height and density over the previously established zoning in the Lionshead Redevelopment Master Plan study area. The primary goal of the incentives is to create economic conditions favorable to inducing private redevelopment consistent with the Lionshead Redevelopment Master Plan. Additionally, the incentives are created to help finance public off site improvements adjacent to redevelopment projects. With any development/redevelopment proposal taking advantage of the incentives created herein, the following amenities will be evaluated: streetscape improvements; pedestrian/bicycle access; public plaza redevelopment; public art; roadway improvements; and similar improvements. (Ord. 3(1999) § 1; Ord. 29(2005) § 24) § 12-7H-2 PERMITTED AND CONDITIONAL USES; BASEMENT OR GARDEN LEVEL. (A) Permitted uses. The following uses shall be permitted in basement or garden levels within a structure: (1) Banks and financial institutions; (2) Child daycare centers; (3) Commercial ski storage/ski club; (4) Eating and drinking establishments; 501 (5) Employee housing units, as further regulated by Chapter 13 of this title; (6) Personal services and repair shops; (7) Professional offices, business offices and studios; (8) Public or private lockers and storage; (9) Recreation facilities; (10) Retail establishments; (11) Skier ticketing, ski school and skier services; (12) Travel and ticket agencies; and (13) Additional uses determined to be similar to permitted uses described in this subsection (A), in accordance with the provisions of § 12- 3-4 of this title. (B) Conditional uses. The following uses shall be permitted in basement or garden levels within a structure, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (1) Accommodation units; (2) Attached accommodation units; (3) Conference facilities and meeting rooms; (4) Liquor stores; (5) Lodges; (6) Major arcades; (7) Multiple-family residential dwelling units, timeshare units, fractional fee clubs, and lodge dwelling units; (8) Radio, TV stores and repair shops; (9) Religious institutions; (10) Theaters; and (11) Additional uses determined to be similar to conditional uses described in this subsection (B), in accordance with the provisions of § 12- 3-4 of this title. 502 (Ord. 39(2007) § 3; Ord. 1(2008) § 16; Ord. 8(2014) § 3; Ord. 2(2016) § 12) § 12-7H-3 PERMITTED AND CONDITIONAL USES; FIRST FLOOR OR STREET LEVEL. (A) Permitted uses. The following uses shall be permitted on the first floor or street level within a structure: (1) Banks, with walk-up teller facilities; (2) Child daycare centers; (3) Eating and drinking establishments; (4) Employee housing units, as further regulated by Chapter 13 of this title; (5) Recreation facilities; (6) Retail stores and establishments; (7) Skier ticketing, ski school and skier services; (8) Travel and ticket agencies; and (9) Additional uses determined to be similar to permitted uses described in this subsection (A), in accordance with the provisions of § 12- 3-4 of this title. (B) Conditional uses. The following uses shall be permitted on the first floor or street level floor within a structure, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (1) Accommodation units; (2) Attached accommodation units; (3) Beauty and barber shops; (4) Conference facilities and meeting rooms; (5) Electronics sales and repair shops; (6) Financial institutions, other than banks; (7) Liquor stores; (8) Lodges; 503 (9) Major arcades; (10) Multiple-family residential dwelling units, timeshare units, fractional fee clubs and lodge dwelling units; (11) Religious institutions; (12) Temporary business offices; (13) Theaters; and (14) Additional uses determined to be similar to conditional uses described in this subsection (B), in accordance with the provisions of section 12-3-4 of this title. (Ord. 6(2012) § 2; Ord. 2(2016) § 13) § 12-7H-4 PERMITTED AND CONDITIONAL USES; SECOND FLOOR AND ABOVE. (A) Permitted uses. The following uses shall be permitted on those floors above the first floor within a structure: (1) Accommodation units; (2) Attached accommodation units; (3) Employee housing units, as further regulated by Chapter 13 of this title; (4) Lodges; (5) Multiple-family residential dwelling units, lodge dwelling units; and (6) Additional uses determined to be similar to permitted uses described in this subsection (A), in accordance with the provisions of § 12- 3-4 of this title. (B) Conditional uses. The following uses shall be permitted on second floors and higher above grade, subject to the issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (1) Banks and financial institutions; (2) Child daycare centers; (3) Conference facilities and meeting rooms; (4) Eating and drinking establishments; 504 (5) Electronics sales and repair shops; (6) Fractional fee clubs; (7) Liquor stores; (8) Personal services and repair shops; (9) Professional offices, business offices and studios; (10) Recreation facilities; (11) Religious institutions; (12) Retail establishments; (13) Skier ticketing, ski school and skier services; (14) Theaters; (15) Timeshare units; and (16) Additional uses determined to be similar to conditional uses described in this subsection (B), in accordance with the provisions of section 12-3-4 of this title. (Ord. 3(1999) § 1; Ord. 6(2000) § 2; Ord. 18(2005) § 2; Ord. 24(2005) § 3; Ord. 29(2005) § 24; Ord. 1(2008) § 16; Ord. 2(2016) § 14) § 12-7H-5 CONDITIONAL USES; GENERALLY (ON ALL LEVELS OF A BUILDING OR OUTSIDE OF A BUILDING). The following conditional uses shall be permitted, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (A) Bed and breakfasts, as further regulated by § 12-14-18 of this title; (B) Brewpubs; (C) Coin operated laundries; (D) Commercial storage; (E) Communications antennas and appurtenant equipment; (F) Private outdoor recreation facilities, as a primary use; (G) Public buildings, grounds, and facilities; 505 (H) Public or private parking lots; (I) Public park and recreation facilities; (J) Public utility and public service uses; (K) Seasonal uses or structures utilized for more than 14 days; (L) Single-family residential dwellings; (M) Ski lifts and tows; (N) Television stations; (O) Two-family residential dwellings; and (P) Additional uses determined to be similar to conditional uses described in this section, in accordance with the provisions of § 12-3-4 of this title. (Ord. 12(2008) § 17) § 12-7H-6 ACCESSORY USES. The following accessory uses shall be permitted in the Lionshead Mixed Use 1 District: (A) Home occupations, subject to issuance of a home occupation permit in accordance with the provisions of § 12-14-12 of this title; (B) Loading and delivery and parking facilities customarily incidental and accessory to permitted and conditional uses; (C) Minor arcades; (D) Offices, lobbies, laundry and other facilities customarily incidental and accessory to hotels, lodges and multiple-family uses; (E) Outdoor dining decks and patios; (F) Swimming pools, tennis courts, patios or other recreation facilities customarily incidental to permitted residential or lodge uses; and (G) Other uses customarily incidental and accessory to permitted or conditional uses, and necessary for the operation thereof. (Ord. 3(1999) § 1; Ord. 29(2005) § 24) § 12-7H-7 EXTERIOR ALTERATIONS OR MODIFICATIONS. 506 (A) Review required. (1) Generally. The construction of a new building or the alteration of an existing building that is not a major exterior alteration as described in subsection (B) of this section shall be reviewed by the Design Review Board in accordance with Chapter 11 of this title. (2) Submittal items required. The submittal items required for a project that is not a major exterior alteration shall be provided in accordance with § 12-11-4 of this title. (B) Major exterior alteration. The construction of a new building or the alteration of an existing building which adds additional dwelling units, accommodation units, fractional fee club units, timeshare units, any project which adds more than 1,000 square feet of commercial floor area or common space, or any project which has substantial off site impacts (as determined by the Administrator) shall be reviewed by the Planning and Environmental Commission as a major exterior alteration in accordance with this chapter and § 12-3-6 of this title. Any project which requires a conditional use permit shall also obtain approval of the Planning and Environmental Commission in accordance with Chapter 16 of this title. Complete applications for major exterior alterations shall be submitted in accordance with administrative schedules developed by the Department of Community Development for Planning and Environmental Commission and Design Review Board review. (1) Submittal items required, major exterior alteration. The following submittal items are required. (a) Application. An application shall be made by the owner of the building or the building owner’s authorized agent or representative on a form provided by the Administrator. Any application for condominiumized buildings shall be authorized by the condominium association in conformity with all pertinent requirements of the condominium association’s declarations. (b) Application; contents. The Administrator shall establish the submittal requirements for an exterior alteration or modification application. A complete list of the submittal requirements shall be maintained by the Administrator and filed in the Department of Community Development. Certain submittal requirements may be waived and/or modified by the Administrator and/or the reviewing body if it is demonstrated by the applicant that the information and materials required are not relevant to the proposed development or applicable to the planning documents that comprise the Vail Comprehensive Plan. The Administrator and/or the reviewing body may require the submission of additional plans, drawings, 507 specifications, samples and other materials if deemed necessary to properly evaluate the proposal. (C) Work sessions/conceptual review. If requested by either the applicant or the Administrator, submittals may proceed to a work session with the Planning and Environmental Commission, a conceptual review with the Design Review Board, or a work session with the Town Council. (D) Hearing. The public hearing before the Planning and Environmental Commission shall be held in accordance with § 12-3-6 of this title. The Planning and Environmental Commission may approve the application as submitted, approve the application with conditions or modifications, or deny the application. The decision of the Planning and Environmental Commission may be appealed to the Town Council in accordance with § 12-3-3 of this title. (E) Lapse of approval. Approval of an exterior alteration as prescribed by this article shall lapse and become void two years following the date of approval by the Design Review Board unless, prior to the expiration, a building permit is issued and construction is commenced and diligently pursued to completion. Administrative extensions shall be allowed for reasonable and unexpected delays as long as code provisions affecting the proposal have not changed. (Ord. 3(1999) § 1; Ord. 8(2001) § 2; Ord. 5(2003) §11; Ord. 29(2005) § 24) § 12-7H-8 COMPLIANCE BURDEN. It shall be the burden of the applicant to prove by a preponderance of the evidence before the Planning and Environmental Commission and the Design Review Board that the proposed exterior alteration or new development is in compliance with the purposes of the Lionshead Mixed Use 1 District, that the proposal is consistent with applicable elements of the Lionshead Redevelopment Master Plan and that the proposal does not otherwise have a significant negative effect on the character of the neighborhood, and that the proposal substantially complies with other applicable elements of the Vail Comprehensive Plan. (Ord. 3(1999) § 1; Ord. 29(2005) § 24) § 12-7H-9 LOT AREA AND SITE DIMENSIONS. The minimum lot or site area shall be 10,000 square feet of buildable area. (Ord. 3(1999) § 1) § 12-7H-10 SETBACKS. 508 The minimum building setbacks shall be ten feet unless otherwise specified in the Lionshead Redevelopment Master Plan as a build to line. (Ord. 3(1999) § 1; Ord. 29(2005) § 24) § 12-7H-11 HEIGHT AND BULK. Buildings shall have a maximum average building height of 71 feet with a maximum height of 82.5 feet, as further defined by the Lionshead Redevelopment Master Plan. All development shall comply with the design guidelines and standards found in the Lionshead Redevelopment Master Plan. Flexibility with the standard, as incorporated in the Lionshead Redevelopment Master Plan, shall be afforded to redevelopment projects which meet the intent of design guidelines, as reviewed and approved by the Design Review Board. (Ord. 3(1999) § 1; Ord. 29(2005) § 24) § 12-7H-12 DENSITY (DWELLING UNITS PER ACRE). No limitation on the number of dwelling units per acre permitted. (Ord. 3(1999) § 1; Ord. 31(2001) § 5; Ord. 18(2005) § 2; Ord. 4(2019) § 1) § 12-7H-13 GROSS RESIDENTIAL FLOOR AREA (GRFA). Up to 250 square feet of gross residential floor area shall be allowed for each 100 square feet of buildable site area, or an increase of 33% over the existing GRFA found on the property, whichever is greater. Multiple-family dwelling units in this zone district shall not be entitled to additional gross residential floor area under § 12-15-5, “Additional Gross Residential Floor Area (250 Ordinance)”, of this title. (Ord. 3(1999) § 1) § 12-7H-14 SITE COVERAGE. Site coverage shall not exceed 70% of the total site area, unless otherwise specified in the Lionshead Redevelopment Master Plan. (Ord. 3(1999) § 1; Ord. 29(2005) § 24) § 12-7H-15 LANDSCAPING AND SITE DEVELOPMENT. At least 20% of the total site area shall be landscaped, unless otherwise specified in the Lionshead Redevelopment Master Plan. (Ord. 3(1999) § 1; Ord. 29(2005) § 24) 509 § 12-7H-16 PARKING AND LOADING. Off-street parking and loading shall be provided in accordance with Chapter 10 of this title. At least one-half of the required parking shall be located within the main building or buildings. (Ord. 3(1999) § 1) § 12-7H-17 LOCATION OF BUSINESS ACTIVITY. (A) Limitations; exception. All offices, businesses and services permitted in the LMU-1 Zone District shall be operated and conducted entirely within a building, except for permitted unenclosed parking or loading areas, the outdoor display of goods, or outdoor restaurant seating. For purposes of this section, CONDUCTED ENTIRELY WITHIN A BUILDING means that all activities related to the permitted use, including contacting potential customers and clients, must occur completely inside of a building, and not in an open doorway of the building. (B) Outdoor displays. The area to be used for an outdoor display shall be located directly in front of the establishment displaying the goods and entirely upon the establishment’s own property. Sidewalks, building entrances and exits, driveways and streets shall not be obstructed by outdoor displays. (Ord. 3(1999) § 1; Ord. 11(2019) § 7) § 12-7H-18 MITIGATION OF DEVELOPMENT IMPACTS. Property owners/developers shall also be responsible for mitigating direct impacts of their development on public infrastructure and in all cases mitigation shall bear a reasonable relation to the development impacts. Impacts may be determined based on reports prepared by qualified consultants. The extent of mitigation and public amenity improvements shall be balanced with the goals of redevelopment and will be determined by the Planning and Environmental Commission in review of development projects and conditional use permits. Mitigation of impacts may include, but is not limited to, the following: employee housing per the town’s current employee housing policy; roadway improvements; pedestrian walkway improvements; streetscape improvements; stream tract/bank improvements; public art improvements; and similar improvements. The intent of this section is to only require mitigation for large scale redevelopment/ development projects which produce substantial off site impacts. 510 § 12-7H-19 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Lionshead Mixed Use 1 (LMU-1) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. (B) Applicability. This Section shall apply to all existing eating and drinking establishments in the LMU-1 district, whether permitted by right or conditionally. (C) Permit required. A conversion of any existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (D) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (E) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the LMU-1 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the LMU-1 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (F) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. Title 12, Article 7I § 12-7I-1 PURPOSE. (A) The Lionshead Mixed Use 2 District is intended to provide sites for a mixture of multiple-family dwellings, lodges, hotels, fractional fee clubs, timeshares, lodge dwelling units, restaurants, offices, skier services, light industrial activities and commercial 511 establishments in a clustered, unified development. Lionshead Mixed Use 2 District, in accordance with the Lionshead Redevelopment Master Plan, is intended to ensure adequate light, air, open space and other amenities appropriate to the permitted types of buildings and uses and to maintain the desirable qualities of the zone district by establishing appropriate site development standards. This zone district is meant to encourage and provide incentives for redevelopment in accordance with the Lionshead Redevelopment Master Plan. (B) This zone district was specifically developed to provide incentives for properties to redevelop. The ultimate goal of these incentives is to create an economically vibrant lodging, housing and commercial core area. The incentives in this zone district include increases in allowable gross residential floor area, building height, and density over the previously established zoning in the Lionshead Redevelopment Master Plan study area. The primary goal of the incentives is to create economic conditions favorable to inducing private redevelopment consistent with the Lionshead Redevelopment Master Plan. Additionally, the incentives are created to help finance public, off site, improvements adjacent to redevelopment projects. Public amenities which will be evaluated with redevelopment proposals taking advantage of the incentives created herein may include: streetscape improvements; pedestrian/bicycle access; public plaza redevelopment; public art; roadway improvements; and similar improvements. (Ord. 3(1999) § 2; Ord. 29(2005) § 24) § 12-7I-2 PERMITTED AND CONDITIONAL USES; BASEMENT OR GARDEN LEVEL. (A) Permitted uses. The following uses shall be permitted in basement or garden levels within a structure: (1) Banks and financial institutions; (2) Child daycare centers; (3) Commercial ski storage/ski club; (4) Eating and drinking establishments; (5) Employee housing units, as further regulated by Chapter 13 of this title; (6) Personal services and repair shops; (7) Professional offices, business offices and studios; (8) Public or private lockers and storage; (9) Recreation facilities; (10) Retail establishments; 512 (11) Skier ticketing, ski school and skier services; (12) Travel and ticket agencies; and (13) Additional uses determined to be similar to permitted uses described in this subsection (A), in accordance with the provisions of § 12-3-4 of this title. (B) Conditional uses. The following uses shall be permitted in basement or garden levels within a structure, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (1) Conference facilities and meeting rooms; (2) Electronics sales and repair shops; (3) Liquor stores; (4) Lodges and accommodation units; (5) Major arcades; (6) Multiple-family residential dwelling units, timeshare units, fractional fee clubs, and lodge dwelling units; (7) Religious institutions; (8) Theaters; and (9) Additional uses determined to be similar to conditional uses described in this subsection (B), in accordance with the provisions of § 12-3-4 of this title. (Ord. 39(2007) § 4; Ord. 1(2008) § 17; Ord. 8(2014) § 4; Ord. 2(2016) § 15) § 12-7I-3 PERMITTED AND CONDITIONAL USES; FIRST FLOOR OR STREET LEVEL. (A) Permitted uses. The following uses shall be permitted on the first floor or street level within a structure: (1) Banks, with walk-up teller facilities; (2) Child daycare centers; (3) Eating and drinking establishments; (4) Employee housing units, as further regulated by Chapter 13 of this title; (5) Recreation facilities; (6) Retail stores and establishments; 513 (7) Skier ticketing, ski school and skier services; (8) Travel and ticket agencies; and (9) Additional uses determined to be similar to permitted uses described in this subsection (A), in accordance with the provisions of § 12-3-4 of this title. (B) Conditional uses. The following uses shall be permitted on the first floor or street level floor within a structure, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (1) Beauty and barber shops; (2) Conference facilities and meeting rooms; (3) Electronics sales and repair shops; (4) Financial institutions, other than banks; (5) Liquor stores; (6) Lodges and accommodation units; (7) Multiple-family residential dwelling units, timeshare units, fractional fee clubs, and lodge dwelling units; (8) Religious institutions; and (9) Additional uses determined to be similar to conditional uses described in this subsection (B), in accordance with the provisions of § 12-3-4 of this title. (Ord. 39(2007) § 4; Ord. 1(2008) § 17; Ord. 2(2016) § 16) § 12-7I-4 PERMITTED AND CONDITIONAL USES; SECOND FLOOR AND ABOVE. (A) Permitted uses. The following uses shall be permitted on those floors above the first floor within a structure: (1) Employee housing units, as further regulated by Chapter 13 of this title; (2) Lodges and accommodation units; (3) Multiple-family residential dwelling units, lodge dwelling units; and (4) Additional uses determined to be similar to permitted uses described in this subsection (A), in accordance with the provisions of § 12-3-4 of this title. (B) Conditional uses. The following uses shall be permitted on second floors and higher above grade, subject to the issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: 514 (1) Banks and financial institutions; (2) Child daycare centers; (3) Conference facilities and meeting rooms; (4) Eating and drinking establishments; (5) Electronics sales and repair shops; (6) Liquor stores; (7) Personal services and repair shops; (8) Professional offices, business offices and studios; (9) Recreation facilities; (10) Religious institutions; (11) Retail establishments; (12) Skier ticketing, ski school and skier services; (13) Theaters; (14) Timeshare units and fractional fee clubs; and (15) Additional uses determined to be similar to conditional uses described in this subsection (B), in accordance with the provisions of § 12-3-4 of this title. (Ord. 3(1999) § 2; Ord. 6(2000) § 2; Ord. 29(2005) § 24; Ord. 1(2008) § 17; Ord. 2(2016) § 17) § 12-7I-5 CONDITIONAL USES; GENERALLY (ON ALL LEVELS OF A BUILDING OR OUTSIDE OF A BUILDING). The following conditional uses shall be permitted, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (A) Automotive service stations; (B) Bed and breakfasts, as further regulated by § 12-14-18 of this title; (C) Brewpubs; (D) Child daycare centers; (E) Commercial storage; (F) Communications antennas and appurtenant equipment; 515 (G) Laundromats; (H) Private outdoor recreation facilities, as a primary use; (I) Public buildings, grounds and facilities; (J) Public or private parking lots; (K) Public parks and recreation facilities; (L) Public utility and public service uses; (M) Ski lifts and tows; (N) Television stations; (O) Vehicle maintenance, service, repair, storage and fueling; (P) Warehouses; and (Q) Additional uses determined to be similar to conditional uses described in this section, in accordance with the provisions of § 12-3-4 of this title. (Ord. 12(2008) § 18) § 12-7I-6 ACCESSORY USES. The following accessory uses shall be permitted in the Lionshead Mixed Use 2 District: (A) Home occupations, subject to issuance of a home occupation permit in accordance with the provisions of § 12-14-12 of this title; (B) Loading and delivery and parking facilities customarily incidental and accessory to permitted and conditional uses; (C) Minor arcades; (D) Offices, lobbies, laundry, and other facilities customarily incidental and accessory to hotels, lodges and multiple-family uses; (E) Outdoor dining decks and patios; (F) Swimming pools, tennis courts, patios or other recreation facilities customarily incidental to permitted residential or lodge uses; and (G) Other uses customarily incidental and accessory to permitted or conditional uses, and necessary for the operation thereof. (Ord. 29(2005) § 24; Ord. 3(1999) § 2) 516 § 12-7I-7 EXTERIOR ALTERATIONS OR MODIFICATIONS. (A) Review required. The construction of a new building or the alteration of an existing building shall be reviewed by the Design Review Board in accordance with Chapter 11 of this title. However, any project which adds additional dwelling units, accommodation units, fractional fee club units, timeshare units, any project which adds more than 1,000 square feet of commercial floor area or common space, or any project which has substantial off site impacts (as determined by the Administrator) shall be reviewed by the Planning and Environmental Commission as a major exterior alteration in accordance with this chapter and § 12-3-6 of this title. Any project which requires a conditional use permit shall also obtain approval of the Planning and Environmental Commission in accordance with Chapter 16 of this title. Complete applications for major exterior alterations shall be submitted in accordance with administrative schedules developed by the Department of Community Development for Planning and Environmental Commission and Design Review Board review. (B) Submittal items required. The following submittal items are required. (1) Application. An application shall be made by the owner of the building or the building owner’s authorized agent or representative on a form provided by the Administrator. Any application for condominiumized buildings shall be authorized by the condominium association in conformity with all pertinent requirements of the condominium association’s declarations. (2) Application; contents. The Administrator shall establish the submittal requirements for an exterior alteration or modification application. A complete list of the submittal requirements shall be maintained by the Administrator and filed in the Department of Community Development. Certain submittal requirements may be waived and/or modified by the Administrator and/or the reviewing body if it is demonstrated by the applicant that the information and materials required are not relevant to the proposed development or applicable to the planning documents that comprise the Vail Comprehensive Plan. The Administrator and/or the reviewing body may require the submission of additional plans, drawings, specifications, samples and other materials if deemed necessary to properly evaluate the proposal. (C) Work sessions/conceptual review. If requested by either the applicant or the Administrator, submittals may proceed to a work session with the Planning and Environmental Commission, a conceptual review with the Design Review Board, or a work session with the Town Council. (D) Hearing. The public hearing before the Planning and Environmental Commission shall be held in accordance with § 12-3-6 of this title. The Planning and Environmental Commission may approve the application as submitted, approve the application with 517 conditions or modifications, or deny the application. The decision of the Planning and Environmental Commission may be appealed to the Town Council in accordance with § 12-3-3 of this title. (E) Lapse of approval. Approval of an exterior alteration as prescribed by this article shall lapse and become void two years following the date of approval by the Design Review Board unless, prior to the expiration, a building permit is issued and construction is commenced and diligently pursued to completion. Administrative extensions shall be allowed for reasonable and unexpected delays as long as code provisions affecting the proposal have not changed. (Ord. 3(1999) § 2; Ord. 5(2003) § 12; Ord. 29(2005) § 24) § 12-7I-8 COMPLIANCE BURDEN. It shall be the burden of the applicant to prove by a preponderance of the evidence before the Planning and Environmental Commission and the Design Review Board that the proposed exterior alteration or new development is in compliance with the purposes of the Lionshead Mixed Use 2 District, that the proposal is consistent with applicable elements of the Lionshead Redevelopment Master Plan and that the proposal does not otherwise have a significant negative effect on the character of the neighborhood, and that the proposal substantially complies with other applicable elements of the Vail Comprehensive Plan. (Ord. 3(1999) § 2; Ord. 29(2005) § 24) § 12-7I-9 LOT AREA AND SITE DIMENSIONS. The minimum lot or site area shall be 10,000 square feet of buildable area. (Ord. 3(1999) § 2) § 12-7I-10 SETBACKS. The minimum building setbacks shall be ten feet unless otherwise specified in the Lionshead Redevelopment Master Plan as a build-to line. (Ord. 3(1999) § 2; Ord. 29(2005) § 24) § 12-7I-11 HEIGHT AND BULK. Buildings shall have a maximum average building height of 71 feet with a maximum height of 82.5 feet, as further defined by the Lionshead Redevelopment Master Plan. All development shall comply with the design guidelines and standards found in the Lionshead Redevelopment Master Plan. Flexibility with the standard, as incorporated in the Lionshead Redevelopment Master Plan, shall be afforded to redevelopment projects 518 which meet the intent of design guidelines, as reviewed and approved by the Design Review Board. (Ord. 3(1999) § 2; Ord. 29(2005) § 24) § 12-7I-12 DENSITY (DWELLING UNITS PER ACRE). (A) Up to a 33% increase over the existing number of dwelling units on a property or 35 dwelling units per acre, whichever is greater shall be allowed. For the purpose of calculating density, employee housing units, accommodation units, timeshare units and fractional fee club units shall not be counted as dwelling units. Additionally, a “lodge dwelling unit”, as defined herein, shall be counted as 25% of a dwelling unit for the purpose of calculating density. (B) A dwelling unit in a multiple-family building may include one attached accommodation unit no larger than one-third of the total floor area of the dwelling. (Ord. 3(1999) § 2; Ord. 31(2001) § 5) § 12-7I-13 GROSS RESIDENTIAL FLOOR AREA (GRFA). (A) Up to 250 square feet of gross residential floor area shall be allowed for each 100 square feet of buildable site area, or an increase of 33% over the existing GRFA found on the property, whichever is greater. (B) Multiple-family dwelling units in this zone district shall not be entitled to additional gross residential floor area under § 12-15-5, “Additional Gross Residential Floor Area (250 Ordinance)”, of this title. (Ord. 3(1999) § 2) § 12-7I-14 SITE COVERAGE. Site coverage shall not exceed 70% of the total site area, unless otherwise specified in the Lionshead Redevelopment Master Plan. (Ord. 3(1999) § 2; Ord. 29(2005) § 24) § 12-7I-15 LANDSCAPING AND SITE DEVELOPMENT. At least 20% of the total site area shall be landscaped, unless otherwise specified in the Lionshead Redevelopment Master Plan. (Ord. 3(1999) § 2; Ord. 29(2005) § 24) § 12-7I-16 PARKING AND LOADING. 519 Off-street parking and loading shall be provided in accordance with Chapter 10 of this title. At least one-half the required parking shall be located within the main building or buildings. (Ord. 3(1999) § 2) § 12-7I-17 LOCATION OF BUSINESS ACTIVITY. (A) Limitations; exception. All offices, businesses and services permitted in the LMU- 2 Zone District shall be operated and conducted entirely within a building, except for permitted unenclosed parking or loading areas, the outdoor display of goods or outdoor restaurant seating. For purposes of this section, CONDUCTED ENTIRELY WITHIN A BUILDING means that all activities related to the permitted use, including contacting potential customers and clients, must occur completely inside of a building, and not in an open doorway of the building. (B) Outdoor displays. The area to be used for an outdoor display shall be located directly in front of the establishment displaying the goods and entirely upon the establishment’s own property. Sidewalks, building entrances and exits, driveways and streets shall not be obstructed by outdoor displays. (Ord. 3(1999) § 2; Ord. 11(2019) § 8) § 12-7I-18 MITIGATION OF DEVELOPMENT IMPACTS. Property owners/developers shall also be responsible for mitigating direct impacts of their development on public infrastructure and in all cases mitigation shall bear a reasonable relation to the development impacts. Impacts may be determined based on reports prepared by qualified consultants. The extent of mitigation and public amenity improvements shall be balanced with the goals of redevelopment and will be determined by the Planning and Environmental Commission in review of development projects and conditional use permits. Mitigation of impacts may include, but is not limited to, the following: roadway improvements; pedestrian walkway improvements; streetscape improvements; stream tract/bank improvements; public art improvements; and similar improvements. The intent of this section is to only require mitigation for large scale redevelopment/development projects which produce substantial off site impacts. § 12-7I-19 CONVERSION OF EXISTING EATING AND DRINKING ESTABLISHMENTS. (A) Purpose. The purpose of this Section is to limit the conversion of existing eating and drinking establishments in the Lionshead Mixed Use 2 (LMU-2) district to promote the goals of the Lionshead Redevelopment Master Plan and Vail Village Master Plan by increasing vibrancy and pedestrian activity in Lionshead and Vail Village. 520 (B) Applicability. This Section shall apply to all existing eating and drinking establishments in the LMU-2 district, whether permitted by right or conditionally. (C) Permit required. A conversion of any existing eating and drinking establishment shall require a conversion permit in accordance with this Section. (D) Application. An application for a conversion permit shall be submitted to the Director of Community Development (the Director) on forms provided by the Town, along with the applicable application fee. (E) Criteria and decision. The Director shall issue a conversion permit upon a determination that one of the following criteria are met: (1) The conversion will not result in a net loss of total eating and drinking establishment interior square footage in the LMU-2 district, as demonstrated by evidence that the applicant has established a new eating and drinking establishment at a premises within the LMU-2 district with the same or greater interior square footage as the premises proposed for conversion; or (2) The conversion will occur at a premises with a prior eating and drinking establishment, and the premises has been vacant for at least eighteen (18) consecutive months despite diligent efforts to establish a new eating and drinking establishment on the premises, as demonstrated by evidence that the applicant has publicly and reasonably advertised the premises, but no viable tenant exists. (F) Appeals. If the Director denies an application for a conversion permit, the Director shall send a written notice to the applicant. The applicant may appeal the Director's decision pursuant to Section 12-3-3.A. 521 From:George Ruther To:Council Dist List Cc:Matt Gennett; Jeff Selby; Charlie Selby Subject:Ordinance Nos. 27 and 30, Series of 2025 Date:Monday, November 17, 2025 10:48:18 AM Good Morning - I am writing on behalf of my clients, Jeff and Charlie Selby, owners of commercial spaces C-1 through C-7 within the Red Lion Building, to express their support for the passage of Ordinance Nos. 27 and 30, Series of 2025, on second reading. These two ordinances, plus the recent passage of Resolution No. 52, ensure that no net loss of existing eating and drinking establishment square footage will occur as a result of the pending renovation of the commercial spaces within the Red Lion Building. As you may be aware, the Red Lion Building renovation development application is on the agenda of the PEC on December 8. We are eager to begin the renovation in the early spring of 2026 in full accordance with the Town's updated policies. I appreciate your consideration. George Ruther, AICP Principal Ruther Associates LLC C (970) 376-2675 george@rutherassociates.com P.O. Box 6516, Vail, CO 81658 522 AGENDA ITEM NO. 7.5 Item Cover Page DATE:November 18, 2025 TIME:5 min. SUBMITTED BY:Stephanie Bibbens, Community Development ITEM TYPE:Public Hearings AGENDA SECTION:Public Hearings (6:20pm) SUBJECT:Ordinance No. 29, Series of 2025, Second Reading, An Ordinance Rezoning 16 Vail Road, Vail Village Filing 1, Lots M & O, also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vail Village Inn (VV) Zone District (7:05pm) SUGGESTED ACTION:Approve, approve with amendments, or deny Ordinance No. 29, Series of 2025 upon second reading. PRESENTER(S):Heather Knight, Planner II VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Ord #29 of 2025 Staff Memo - Second Reading.pdf Attachment A. Ordinance No. 29, Series of 2025.pdf Attachment B. Vail Village Filing 1 Block 5D Lots M-N-O - Sebastian - Vicinity Map.pdf Attachment C. PEC25-0032 Staff Memo.pdf Attachment D. PEC25-0032 Documents and Plans.pdf Attachment E. 10-13-25 PEC Results.pdf Sebastian Rezone Staff TC Presentation.pdf Sebastian Rezone 11-4-25 TC Applicant Presentation.pdf 523 TO: Town Council FROM: Community Development Department DATE: November 18, 2025 SUBJECT: Second reading of Ordinance No. 29, Series of 2025, an ordinance rezoning 16 Vail Road, Vail Village Filing 1, Lots M & O, also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vaill Village Inn (VVI) Zone District. Applicant: Ferruco Vail Ventures LLC, represented by Mauriello Planning Group Planner: Heather Knight I. SUMMARY The applicant, Ferruco Vail Ventures LLC, is proposing a Zone District Boundary amendment pursuant to 12-3-7 Amendment, Vail Town Code to rezone 16 Vail Road, Vail Village Filing 1, Lots M & O, also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vaill Village Inn (VVI) Zone District. On October 13, 2025, the Planning and Environmental Commission (PEC) voted 5-0 to recommend approval of the proposed amendment (PEC25-0032). Please find the staff memorandum to the PEC and the minutes from the October 13 , 2025 meeting attached to this report. The first reading of Ordinance No. 29, Series of 2025 was presented and read to Town Council on November 4, 2025 and was approved (7-0). II. ACTION REQUESTED OF THE TOWN COUNCIL The Vail Town Council shall approve or deny Ordinance No. 29, Series of 2025 on the second reading. III. DESCRIPTION OF REQUEST The application is for a Zone District Boundary amendment pursuant to 12-3-7 Amendment, Vail Town Code, to rezone 16 Vail Road, Vail Village Filing 1, Lots M & O, 524 Town of Vail Page 2 also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vaill Village Inn (VVI) Zone District. The following items are included for review: Attachment A. Ordinance No. 29, Series of 2025 Attachment B. Vicinity Map Attachment C. PEC25-0032 Staff Memo Attachment D. PEC25-0032 Documents & Plans Attachment E. PEC Results 10-13-25 IV. BACKGROUND The subject lot was developed under Special Development District No. 6, which was adopted by Ordinance No. 7, Series of 1976. Since that date there have been nine major amendments to the SDD and roughly a dozen minor amendments. The underlying zoning of SDD No. 6 is Public Accommodation (PA). The Vail Village Inn (VVI) project was originally envisioned as a pedestrian village offshoot from Vail Village. The project developed pedestrian ways and plazas laid out in a way that was modeled after European villages. There are five (5) phases of SDD No.6 and the subject property of this application, 16 Vail Road (the Sebastian Hotel), is Phase IV. Per the Town’s legal counsel, the result of a 2018 court case in 2022 invalidated SDD No. 6 and the underlying Public Accommodation (PA) zone district became the primary zoning for the site. On August 5, 2025, the Town Council approved Ordinance No. 15 of 2025 creating a new zone district, the Vail Village Inn (VVI) zone district. Following the recommendation from the PEC, a concurrent rezoning application for Phases 1-3 of the Vail Village Inn was also approved. On October 13, 2025, the current application was presented to the PEC where the PEC forwarded a unanimous recommendation of approval to the Town Council (5-0). V. RECOMMENDED MOTION Should the Vail Town Council choose to approve Ordinance No. 29, Series of 2025, on second reading, the Planning and Environmental Commission recommends the Council pass the following motion: “The Vail Town Council approves, on second reading, Ordinance No. 29, Series of 2025, an ordinance rezoning 16 Vail Road, Vail Village Filing 1, 525 Town of Vail Page 3 Lots M & O, also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vaill Village Inn (VVI) Zone District.” Should the Vail Town Council choose to approve Ordinance No. 29 Series of 2025, staff recommends the Council make the following findings: “The Vail Town Council finds:” 1. That the amendment is consistent with the applicable elements of the adopted goals, objectives and policies outlined in the Vail comprehensive plan and is compatible with the development objectives of the town; and 2. That the amendment furthers the general and specific purposes of the zoning regulations; and 3. That the amendment promotes the health, safety, morals, and general welfare of the town and promotes the coordinated and harmonious development of the town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality.” Vl. ATTACHMENTS Attachment A. Ordinance No. 29, Series of 2025 Attachment B. Vicinity Map Attachment C. PEC25-0032 Staff Memo Attachment D. PEC25-0032 Documents & Plans Attachment E. PEC Results 10-13-25 526 1 10/30/2025 C:\USERS\GROY\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\QG2Q6XWV\SEBASTIAN REZONE-O103025.DOCX ORDINANCE NO. 29 SERIES OF 2025 AN ORDINANCE REZONING VAIL VILLAGE INN PHASE IV FROM THE PUBLIC ACCOMMODATION (PA) ZONE DISTRICT TO THE VAIL VILLAGE INN (VVI) ZONE DISTRICT WHEREAS, Ferruco Vail Ventures LLC (the "Applicant") owns the real property more particularly described as Vail Village Filing 1, Lots M & O, Block 5D, Vail, Colorado, and depicted in Exhibit A, attached hereto and incorporated herein by this reference and also known as Vail Village Inn Phase IV (the "Property"); WHEREAS, on September 15, 2025, the Applicant filed an application to rezone the Property from Public Accommodation (PA) to Vail Village Inn (VVI) (the "Application"); WHEREAS, Section 12-3-7 of the Vail Town Code sets forth the procedures for rezoning; WHEREAS, on October 13, 2025, the Planning and Environmental Commission (the "PEC") held a properly-noticed public hearing on the Application, and recommended that the Town Council approve the Application; and WHEREAS, on November 4, 2025, the Town Council held a properly-noticed public hearing on the Application. NOW, THEREFORE BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO THAT: Section 1. The Town Council, upon reviewing the recommendation of the Planning Commission, hearing the statements of Town staff, the Applicant and the public, and giving due consideration to the matter, finds and determines as follows: a. The rezoning is consistent with the applicable elements of the adopted goals, objectives and policies outlined in the Vail Comprehensive Plan and is compatible with the development objectives of the Town; b. The rezoning is compatible with and suitable to adjacent uses and appropriate for the surrounding areas; and c. The rezoning promotes the health, safety, morals, and general welfare of the Town and promote the coordinated and harmonious development of the Town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality. Section 2. Based on the foregoing findings, the Town Council hereby approves the Application and rezones the Property to the Vail Village Inn (VVI) Zone District. 527 2 10/30/2025 C:\USERS\GROY\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\QG2Q6XWV\SEBASTIAN REZONE-O103025.DOCX Section 3. 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 4. 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 5. The amendment of any provision of the 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. Section 6. 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 4th day of November, 2025, and a public hearing for second reading of this Ordinance set for the 18th day of November, 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 18th day of November, 2025. _____________________________ Travis Coggin, Mayor ATTEST: ____________________________ Stephanie Kauffman, Town Clerk 528 3 10/30/2025 C:\USERS\GROY\APPDATA\LOCAL\MICROSOFT\WINDOWS\INETCACHE\CONTENT.OUTLOOK\QG2Q6XWV\SEBASTIAN REZONE-O103025.DOCX EXHIBIT A 529 VIP Talisman Sebastian Gateway One Willow Bridge 9 Vail Road Vail Village Plaza Condos Village Inn Plaza (VIP) SDD 21 VA I L R D E MEADOW DR S FRON T A G E R D E I 7 0 ON -R AMP ( 176 E A S T BOUND) W MEADOW DR VA I L R D I Subject Property 0 100 20050 Feet P E C 2 5 - 0 0 3 2P E C 2 5 - 0 0 3 2 Z o n e D i s t r i c t B o u n d a r y A m e n d m e n t P r o p o s a l V a i l V i l l a g e F i l i n g 1 , B l o c k 5 D , L o t s M , N & O 1 6 V a i l R o a d - S e b a s t i a n H o t e l Z o n e D i s t r i c t B o u n d a r y A m e n d m e n t P r o p o s a l V a i l V i l l a g e F i l i n g 1 , B l o c k 5 D , L o t s M , N & O 1 6 V a i l R o a d - S e b a s t i a n H o t e l VIP Talisman Sebastian Gateway One Willow Bridge 9 Vail Road Vail Village Plaza Condos Village Inn Plaza (VIP) SDD 21 VA I L R D E MEADOW DR S FRON T A G E R D E I 7 0 ON -R AMP ( 176 E A S T BOUND) W MEADOW DR VA I L R D This map was created by the Town of Vail GIS Team. Use of this map should be for general purposes only. The Town of Vail does not warrant the accuracy of the information contained herein. (where shown, parcel line work is approximate) Last Modified: October 6, 2025 Public Accommodation (PA) Vail Village Inn Commercial Core 1 Commercial Core 2 (CC2) Commercial Service Center High Density Multiple-Family (HDMF) General Use (GU) Outdoor Recreation (OR) ProposedExisting 530 TO: Planning and Environmental Commission FROM: Community Development Department DATE: October 13, 2025 SUBJECT: A request for a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 16 Vail Road, Vail Village Filing 1, Lots M & O, also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vaill Village Inn (VVI) Zone District. (PEC25-0032) Applicant: Ferruco Vail Ventures LLC, represented by Mauriello Planning Group Planner: Heather Knight I. SUMMARY The applicant, Ferruco Vail Ventures LLC, is requesting a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 16 Vail Road, Vail Village Filing 1, Lots M & O, also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vaill Village Inn (VVI) Zone District. Based upon staff’s review of the criteria outlined in Section VIII of this memorandum and the evidence and testimony presented, the Community Development Department recommends the Planning and Environmental Commission forward a recommendation of approval to the Vail Town Council. II. DESCRIPTION OF REQUEST The applicant, Ferruco Vail Ventures LLC, is requesting a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 16 Vail Road, Vail Village Filing 1, Lots M & O, also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vaill Village Inn (VVI) Zone District. The proposed zoning would replace the current Public Accommodation (PA) zoning. In the past, this site developed through a combination of the existing PA zoning and Special 531 Town of Vail Page 2 Development District No. 6. As noted in the applicant’s narrative, Special Development District No. 6 was invalidated through a court order in 2022, rendering the properties developed under those standards as illegal non-conforming. III. BACKGROUND The subject lot was developed under Special Development District No. 6, which was adopted by Ordinance No. 7, Series of 1976. Since that date there have been nine major amendments to the SDD and roughly a dozen minor amendments. The underlying zoning of SDD No. 6 is Public Accommodation (PA). The Vail Village Inn (VVI) project was originally envisioned as a pedestrian village offshoot from Vail Village. The project developed pedestrian ways and plazas laid out in a way that that was modeled after European villages. There are five (5) phases of SDD No.6 and the subject property of this application, the Sebastian Hotel, is Phase IV. Per the Town’s legal counsel, the result of a 2018 court case in 2022 invalidated SDD No. 6 and the underlying Public Accommodation (PA) zone district became the primary zoning for the site. On August 5, 2025, the Town Council approved Ordinance No. 15 of 2025 creating a new zone district, the Vail Village Inn (VVI) zone district. Following the recommendation from the PEC, a concurrent rezoning application for Phases 1-3 of the Vail Village Inn was approved. 532 Town of Vail Page 3 IV. ZONING ANALYSIS Address: 16 Vail Road Legal Description: Lot M & O, Vail Village Filing No. 1 Existing Zoning: Public Accommodation (PA) District Proposed Zoning: Vail Village Inn (VVI) District Existing Land Use Designation: Village Master Plan Mapped Geological Hazards: None SURROUNDING LAND USES AND ZONING Existing Land Use Zoning District North: Gateway Commercial Service Center East: Village Inn Plaza (Phase 1-3) Vail Village Inn (VVI) South: Village Inn Plaza (Phase V) / Vail Village Plaza Condos Public Accommodation West: 9 Vail Road/ Holiday House Public Accommodation Standard Public Accommodation (PA) District Proposed Vail Village Inn (VII) District Existing Complies? Setbacks Front – 20’ Side – 20’ Rear – 20’ Front – 10’ Side – 10’ Rear – 10’ PEC / DRB may reduce Varies, 0’ to 10’ Complies, per prior relief granted Maximum Height Flat or mansard roof – 45’ Sloping roof – 48’ Flat or mansard roof – 45’ or height of the existing structure Sloping roof – 48’ or height of the existing structure 77.25’ and 99.75’ for tower Complies, per prior relief granted Density 25/acre of buildable area No limit 2 DUs 49 FFU 100 AU 18 Type III EHUs (38 beds) Complies GRFA 150SF of GRFA/100SF of buildable area 165% of lot area or 105,439.15 sf 104,615 sf (per 2013 PEC memo) Complies Site Coverage maximum 65% of site area Greater of existing or 60% of the site area 64.7% or 41,400 sf per plat Complies, per existing nonconformity Commercial Floor Area 15% of floor area Unlimited 9,456 sf total 4,789 sf F&B 4,667 sf spa Complies 533 Town of Vail Page 4 Minimum Landscaping 30% of the site area 30% of the site area, unless approved by PEC/DRB Less than 30%, per approved plans Complies, prior relief granted Parking Per 12-10-10(B) and 75% of required parking shall be located within the main building or buildings or hidden from view within a landscaped berm. Per 12-10-10(B) As exists Complies Uses currently found on site: Use Currently Permitted? Permitted in VVI? Accommodation Units (Hotel) Yes, all levels Yes, all levels Eating & Drinking Establishments Yes, but not occupying more than 10% of GRFA Yes, no limit on size and on basement/garden and 1st floor only Fractional Fee Unit Conditional Use Yes, 2nd floor and above Employee Housing Units Yes, all levels Yes, all levels except 1st floor Retail Establishments Yes, but not occupying more than 10% of GRFA; CUP otherwise Yes, basement/garden and 1st floor Conference facilities Yes, accessory use Yes, basement/garden and 1st floor Spa Facilities Yes, accessory use Yes, basement and garden levels V. APPLICABLE PLANNING DOCUMENTS Staff believes that following provisions of the Vail Town Code and Vail Land Use Plan are relevant to the review of this proposal: Title 12, Zoning Regulations, Vail Town Code CHAPTER 12-1, TITLE, PURPOSE AND APPLICABILITY (in part) Section 12-1-2: Purpose: A. General: These regulations are enacted for the purpose of promoting the health, safety, morals, and general welfare of the Town, and to promote the coordinated and harmonious development of the Town in a manner that will conserve and enhance its natural environment and its established character as a resort and residential community of high quality. B. Specific: These regulations are intended to achieve the following more specific purposes: 1. To provide for adequate light, air, sanitation, drainage, and public facilities. 2. To secure safety from fire, panic, flood, avalanche, accumulation of snow, and other dangerous conditions. 534 Town of Vail Page 5 3. To promote safe and efficient pedestrian and vehicular traffic circulation and to lessen congestion in the streets. 4. To promote adequate and appropriately located off-street parking and loading facilities. 5. To conserve and maintain established community qualities and economic values. 6. To encourage a harmonious, convenient, workable relationship among land uses, consistent with Municipal development objectives. 7. To prevent excessive population densities and overcrowding of the land with structures. 8. To safeguard and enhance the appearance of the Town. 9. To conserve and protect wildlife, streams, woods, hillsides, and other desirable natural features. 10. To assure adequate open space, recreation opportunities, and other amenities and facilities conducive to desired living quarters. 11. To otherwise provide for the growth of an orderly and viable community. Commercial Service Center (CSC) Zone District Public Accommodation (PA) Zone District Ordinance No. 15 of 2025, Vail Village Inn (VVI) Zone District (see attachment) Title 12, Article 7A: Public Accommodation (PA) District 12-7A-2 PERMITTED USES. The following uses shall be permitted in the PA District: (A) Automated teller machines (ATMs) exterior to a building; (B) Employee housing units, as further regulated by Chapter 13 of this title; and (C) Lodges, including accessory eating, drinking or retail establishments located within the principal use and not occupying more than 10% of the total gross residential floor area of the main structure or structures on the site; additional accessory dining areas may be located on an outdoor deck, porch or terrace. 12-7A-3 CONDITIONAL USES. The following conditional uses shall be permitted in the PA District, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this title: (A) Bed and breakfasts, as further regulated by § 12-14-18 of this title; (B) Communications antennas and appurtenant equipment; (C) Fractional fee club units, as further regulated by § 12-16-7(A)(8) of this title; (D) Healthcare facilities; (E) Lodges, including accessory eating, drinking, or retail establishments located within the principal use and occupying between 10% and 15% of the total gross residential floor area of the main structure or structures on the site; (F) Major arcades; (G) Private clubs and civic, cultural and fraternal organizations; (H) Private parking structures; (I) Private unstructured parking; (J) Professional and business offices; (K) Public and private schools; (L) Public buildings, grounds and facilities; 535 Town of Vail Page 6 (M) Public parking structures; (N) Public parks and recreational facilities; (O) Public transportation terminals; (P) Public unstructured parking; (Q) Public utility and public service uses; (R) Religious institutions; (S) Ski lifts and tows; and (T) Theaters and convention facilities. 12-7A-4 ACCESSORY USES. The following accessory uses shall be permitted in the PA District: (A) Home occupations, subject to issuance of a home occupation permit in accordance with the provisions of 12-14-12 of this title; (B) Meeting rooms; (C) Minor arcades; (D) Swimming pools, tennis courts, patios or other recreation facilities customarily incidental to permitted lodge uses; and (E) Other uses customarily incidental and accessory to permitted or conditional uses, and necessary for the operation thereof. 12-2-2 DEFINITIONS LODGE. (1) A building or group of associated buildings designed for occupancy primarily as the temporary lodging place of individuals or families either in accommodation units or dwelling units, in which the gross residential floor area devoted to accommodation units or fractional fee club units, is equal to or greater than 70% of the total gross residential floor area on the site, and in which all such units are operated under a single management providing the occupants thereof customary hotel services and facilities. (2) Notwithstanding the above for properties containing gross residential floor area equal to or less than 80 square feet of gross residential floor area for each 100 square feet of buildable site area, such properties shall be defined as LODGES, provided that gross residential floor area devoted to accommodation units or fractional fee club units exceeds the gross residential floor area devoted to dwelling units. 13-7-7 CONDOMINIUM CONVERSION OF LODGE OR ACCOMMODATION UNITS; NO NEW CONVERSIONS ALLOWED; EXCEPTION. There shall not be permitted any conversion of a lodge or accommodation unit within the town to a condominium, except as provided for the provision of employee housing units. Employee housing units created pursuant to this chapter are subject to the definitions, requirements and provisions of Title 12, Chapters 13 and 16 of this code, as amended. 536 Town of Vail Page 7 Vail Land Use Plan 3.2 The Village and Lionshead areas are the best location for hotels to serve the future needs of destination skiers 3.3 Hotels are important to the continued success of the Town of Vail, therefore conversion to condominiums should be discouraged. 3.4 Commercial growth should be concentrated in existing commercial areas to accommodate both local and visitor needs. Vail Village Master Plan Mixed Use Sub-Area 1 The Mixed-Use sub-area is a prominent activity center for Vail Village. It is distinguished from the Village core by the larger scale buildings and by the limited auto traffic along East Meadow Drive. Comprised of five major development projects, this sub-area is characterized by a mixture of residential/lodging and commercial activity. There is a great deal of potential for improvements to both public and private facilities in the area. Among these is the opportunity to develop gateway entries to the Village at the 4-way stop and at the intersection of Vail Road and Meadow Drive. It is also a long term goal to strengthen the connection between this area and the Village core area by reinforcing the established pedestrian linkages. Pedestrianization in this area may; benefit from the development of retail infill with associated pedestrian improvements along East Meadow Drive and the development of public access to Gore Creek. A significant increase in the Village's overnight bed base will occur in this sub-area with the development of the final, phase of the Vail village Inn project. In addition, commercial and residential/lodging development potential is identified in sub-area concepts 3, 4, 6 and 8. The completion of these projects will essentially leave the sub-area "built out". Subsection # 1-1 Vail Village Inn Final phase of Vail Village Inn project to be completed as established by development plan for SDD #6. Commercial development at ground, level to frame interior plaza with greenspace. Mass of buildings shall "step up" from existing pedestrian scale along Meadow Drive to 4-5 stories along the Frontage Road. Design must be sensitive to maintaining view corridor from 4-way stop to Vail Mountain. Special emphasis on 1.2, 2.3, 2.4, 2.6, 3.2, 4.1, 5.1, 6.1. Objective 1.2: Encourage the upgrading and redevelopment of residential and commercial facilities. Objective 2.3: Increase the number of residential units available for short term overnight accommodations. 537 Town of Vail Page 8 Objective 2.4: Encourage the development of a variety of new commercial activity where compatible with existing land uses. Objective 2.6: Encourage the development of employee housing units in Vail Village through the efforts of the private sector. Objective 3.2: Minimize the amount of vehicular traffic in the Village to the greatest extent possible. Objective 4.1: Improve existing open space areas and create new plazas with greenspace and pocket parks. Recognize the different roles of each type of open space in forming the overall fabric of the Village. Objective 5.1: Meet parking demands with public and private parking facilities. Objective 6.1: Provide service and delivery facilities for existing and new development. VI. CRITERIA FOR REVIEW Zone District Boundary Amendment 1. The extent to which the zone district amendment is consistent with all the applicable elements of the adopted goals, objectives and policies outlined in the Vail comprehensive plan and is compatible with the development objectives of the town. The proposed zone district boundary amendment provides a path forward for the site to develop in alignment with the specific goal of zoning regulations to “provide for the growth of an orderly and viable community”. The comprehensive plan also looks to increase the commercial development in the area. With the site unable to develop under the current zoning, the proposed zoning would bring the building into conformance with the zoning regulations to allow for additional commercial development. Under the current Public Accommodation zone district, lodges, including accessory eating, drinking or retail establishments located within the principal use and not occupying more than 10% of the total gross residential floor area of the main structure or structures on the site are a permitted use; additional accessory dining areas may be located on an outdoor deck, porch or terrace. This limits the amount of these uses at the ground floor and is not aligned with the current goals of the Town in providing vibrancy at the pedestrian level. Although additional dwelling units would be permitted, and while not specifically for short term rental, there is the ability that through a short-term rental license these units could also further this goal. Per 13-7-7, there shall not be permitted any conversion of a lodge or accommodation unit within the town to a condominium, except as provided for the provision of employee housing units, thereby preserving the existing live bed base as proposed by the Village Master Plan. 538 Town of Vail Page 9 The Vail Village Master Plan Mixed-Use Sub-Area (#1) is defined as a prominent activity center for Vail Village. It is distinguished from the Village core by the larger scale buildings and by limited auto traffic along East Meadow Drive. Staff finds this criterion to be met. 2. The extent to which the zone district amendment is suitable with the existing and potential land uses on the site and existing and potential surrounding land uses as set out in the town's adopted planning documents. The Vail Village Inn zone district was designed for the particular sites being considered for the zone district boundary amendment. The standards put in place are catered to the current development while allowing additional flexibility for development into the future. The proposed uses within this new district fit the current buildings better than the existing zone district’s uses. The VVI district allows for more commercial development, which is an express goal in multiple planning documents including the Vail Village Master Plan and the Land Use plan. Land Use plan goal 3.4 states: “3.4 Commercial growth should be concentrated in existing commercial areas to accommodate both local and visitor needs.” The permitted and conditional uses were selected to fit the current site as well as fit the character of the area. East Meadow drive has a variety of commercial uses on the ground floor with hotels and residences on the levels above, which would also be permitted under the VVI zoning. Phases 1-3 of the Vail Village Inn Plaza located just east of the subject site were also recently rezoned to the new VVI zone district. Staff finds this criterion to be met. 3. The extent to which the zone district amendment presents a harmonious, convenient, w orkable relationship among land uses consistent with municipal development objectives. The VVI zone district was designed with the goal to preserve the harmonious relationship between the subject sites and the surrounding area while allowing for potential future growth that would further development objectives. The uses in the VVI zone district are more varied from the PA district’s permitted uses and allow for more commercial development along the East Meadow corridor. Currently, under the PA zone district, the Conditional Use section allows accessory eating, drinking, or retail establishments to have floor area up to 15% of the GRFA located onsite, thus placing an excessive restraint on the floor area of these desirable uses. The VVI zone district allows for the addition of accommodation units and fractional fee units, but does not limit the development to the definition of Lodge, which allows for more flexibility in any future proposals. 539 Town of Vail Page 10 Staff finds this criterion to be met. 4. The extent to which the zone district amendment provides for the growth of an orderly viable community and does not constitute spot zoning as the amendment serves the best interests of the community as a whole. This zoning amendment does not result in the granting of privilege is consistent with the Vail Comprehensive Plan, two tests for determining spot zoning. The land use for this parcel is Vail Village Master Plan, which is also part of the comprehensive plan. As noted earlier in this staff report there are several specific goals from the Vail Village Master Plan that are applicable to this area. The goals aim to increase the employee housing in the area, add to the commercial square footage, keep live beds, decrease vehicular traffic, and provide adequate parking facilities through public and private parking. The proposed zone district for this site would allow for the development of more commercial square footage to further those goals. The standards for the district are also similar to the existing Public Accommodation zone district with the change in uses being the primary difference. With those standards the development should continue to grow in a similar fashion to the properties to east and south of the proposed site. Staff finds this criterion to be met. 5. The extent to which the zone district amendment results in adverse or beneficial impacts on the natural environment, including, but not limited to, water quality, air quality, noise, vegetation, riparian corridors, hillsides and other desirable natural features. The site of the proposed zone district boundary amendment is within a fully developed area with little natural environment. The height, site coverage, and landscaping requirements are similar to what is currently required on the site and should not produce a development product that is detrimental to the items listed in this criteria. Future development on the parcel will be required to adhere to all applicable environmental standards during development review, construction, and operation. Staff finds this criterion to be met. 6. The extent to which the zone district amendment is consistent with the purpose statement of the proposed zone district. The purpose statement for the proposed zone district is noted below: “The Vail Village Inn District is intended to provide sites for general shopping and commercial facilities serving the town, together with multiple-family dwelling and lodge and accommodation uses as may be appropriate. The District is intended to ensure adequate light, air, open space and other amenities appropriate to permitted types of 540 Town of Vail Page 11 buildings and uses, and to maintain a convenient pedestrian environment for permitted commercial uses.” The site is appropriate for the VVI zone district, as noted in the purpose statement listed above. Staff finds this criterion to be met. 7. The extent to which the zone district amendment demonstrates how conditions have changed since the zoning designation of the subject property was adopted and is no longer appropriate. As noted earlier in the report this site was originally developed under SDD No. 6, with an underlying zoning of Public Accommodation. The development is in compliance with the lodge definition as one of the phases of the SDD was a hotel that provided enough GRFA to allow multi-family residential dwellings in the other phases, as well as the commercial that is seen today. When the SDD was nullified, that overarching approval and zoning went away meaning that each individual development lot then had to meet zoning standards on their own development lot. Adopting the new VVI zone district would allow for more commercial space on the ground level which is a goal that helps activate this area of the Village. Staff finds this criterion to be met. 8. Such other factors and criteria as the commission and/or council deem applicable to the proposed rezoning. VII. STAFF RECOMMENDATION Based upon the review of the criteria outlined in Section Vl of this memorandum and the evidence and testimony presented, the Community Development Department recommends the Planning and Environmental Commission forwards a recommendation of approval to the Vail Town Council for a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 16 Vail Road, Vail Village Filing 1, Lots M & O, also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vaill Village Inn (VVI) Zone District. Should the Planning and Environmental Commission choose to recommend approval of this request, the Community Development Department recommends the Commission pass the following motion “The Planning and Environmental Commission recommends approval to the Vail Town Council for a for a recommendation to the Vail Town Council for a zone district boundary 541 Town of Vail Page 12 amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 16 Vail Road, Vail Village Filing 1, Lots M & O, also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vaill Village Inn (VVI) Zone District”. Should the Planning and Environmental Commission choose to recommend approval, of this request, the Community Development Department recommends the Commission make the following findings: 1. That the amendment is consistent with the adopted goals, objectives and policies outlined in the Vail Comprehensive Plan and compatible with the development objectives of the town; 2. That the amendment is compatible with and suitable to adjacent uses and appropriate for the surrounding areas; and 3. That the amendment promotes the health, safety, morals and general welfare of the town and promotes the coordinated and harmonious development of the town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality. 4. That the amendment is consistent with the applicable elements of the adopted goals, objectives and policies outlined in the Vail Comprehensive Plan and is compatible with the development objectives of the town; 5. That the amendment furthers the general and specific purposes of the zoning regulations; and 6. That the amendment promotes the health, safety, morals and general welfare of the town and promotes the coordinated and harmonious development of the town in a manner that conserves and enhances its natural environment and its established character as a resort and residential community of the highest quality. X. ATTACHMENTS A. Vicinity Map B. Applicant narrative, dated Sept 25, 2025 C. Title Report & Plan Set D. Ordinance No.15 Series of 2025 542 Vail Village Inn Phase IV - TheSebas1an Hotel: Rezoning Submi&ed to the Town of Vail: September 15, 2025 543 Introduc8on On August 5, 2025 the Town Council approved Ordinance No. 15, 2025 crea1ng a new zone district: Vail Village Inn (VVI) Zone District. That same evening the Phases 1-3 of the Village Inn Plaza were rezoned to this newly created zone district. The Sebas1an Hotel, which is Phase IV of the same neighborhood has applied to also be included in this new zone district. When crea1ng the new zone district, the applicant and the Town staff kept in mind that the new zone district would likely also be applied to other phases of the Village Inn project. The changes to the development standards of the new VVI zone district allow the zoning to be easily applied to the Sebas1an Hotel property. The Town’s legal counsel’s opinion is that the courts have rendered Vail Village Inn SDD invalid. This rezoning will eliminate any ambiguity with respect to the status of the zoning on the property. One of the longer term goals of the Town has been to eliminate the need for SDDs. This applica1on would help promote that goal. Lionshead Mixed Use zone districts were the first great stride towards implemen1ng this goal within the Town. The map below shows the general loca1on of Phase IV of the Vail Village Inn. Page of 2 9 Phase 4 Sebas8an Phase 5 Phase 1-2 Phase 3 544 Background Special Development District #6 was established by the Town of Vail by Ordinance No. 7, Series of 1976. The underlying zoning was Public Accommoda1on (PA). The Vail Village Inn (VVI) project was originally envisioned as a pedestrian village offshoot from Vail Village. The project developed pedestrian ways and plazas laid out in a way that that did not following ridged zoning requirements found in suburban areas or more contemporary urban areas in the United States. VVI was laid out and developed on a more European village model where the focus is on urban design. VVI in some aspects was a more successful pedestrian model than Vail Village with the parking located below grade, but lacking perhaps the loca1onal value of Vail Village proper. SDD #6 includes 5 phases as shown on the graphic above and list here: Phases 1 and 2: Vail Village Plaza Condominiums Phase 3: Village Inn Plaza Condominiums Phase 4: The Sebas1an Hotel Phase 5: Phase V Condominium Associa1on The Sebas1an Hotel was allowed by an amendment to the Village Inn PUD in 2001 and 2004. Several amendments to the SDD were approved over the years the latest of which occurred in 2013 for the expansion of a dwelling unit on the property. PA List of Permi&ed Uses: The PA zone district’s list of permibed uses states the following: The following uses shall be permi3ed in the PA District: (A) Automated teller machines (ATMs) exterior to a building; (B) Employee housing units, as further regulated by Chapter 13 of this Gtle; and (C) Lodges, including accessory eaGng, drinking or retail establishments located within the principal use and not occupying more than 10% of the total gross residenGal floor area of the main structure or structures on the site; addiGonal accessory dining areas may be located on an outdoor deck, porch or terrace. Page of 3 9 545 The Condi1onal Use sec1on of the PA zone district allow accessory ea1ng, drinking, or retail establishments to have floor area up to 15% of the GRFA located onsite, thus placing an excessive restraint on the floor area of these desirable uses. The Sebas1an Hotel as constructed today exceeds or deficient with many of the PA development standards including commercial floor area, site coverage, landscape area, and building height which the SDD allowed for. The Vail Village Inn zone district allows The Sebas1an Hotel to be a conforming use based on improved development standards and nonconforming standards specifically tailored to this zone district. Current Property Condi8ons & Zoning Analysis Village Inn Plaza Phase IV: The Sebas1an Hotel Standard Exis8ng VVI District Compliance Total Lot Area 63,902.52 sq. g.No Change yes Minimum Lot Area n/a 10,000 sq. g.yes Setbacks Varies from 0 g. to 10 g.10’ except as DRB or PEC may reduce yes, per prior relief given Height 77.25 g 99.75 g (tower) As exis1ng or 45 g. flat/48 g. sloping (nonconforming allowed to con1nue) yes Density - Dwellings 2 DUs 49 FFU 100 AU 18 Type III EHUs (38 beds) No restric1on on number of dwelling units, employee housing units, frac1onal fee units, or accommoda1on units yes GRFA 104,615 sq. g. Per 2013 PEC memo 165% of lot area or 105,439.15 sq. g. yes Commercial Floor Area 9,456 sq. g. total 4,789 sq. g. F&B 4,667 sq. g. spa Unlimited yes Conference and Mee8ng Rooms 12,534 sq. g.Unlimited yes Site Coverage 64.7% or 41,400 sq. g. per plat 60% of lot area (nonconforming allowed to con1nue) below grade excepted yes, per nonconformity Landscaping < 30% Per the approved plans 30% unless less landscape area approved by PEC or DRB yes, per prior relief given Parking as exists Per code however, added to parking pay in lieu yes Standard Page of 4 9 546 The Sebas8an Hotel contains the following uses: Accommoda1on Units (Hotel) - Permibed Use - (All levels) Ea1ng and Drinking Establishments - Permi bed Use - (Street level); CUP - (Second floor) Frac1onal Fee Units - Permibed Use- (Second floor and above) Employee Housing Units - Permibed Use- (Second Floor and above) Mul1ple Family Residen1al Dwelling Units - Permibed Use- (Second floor and above) Retail Establishments - Permibed Use - (First Floor) Conference facili1es and mee1ng rooms - Permi bed Use- (Basement, First Floor) Spa facili1es - Permibed Use- (Basement and garden level) Accessory uses including ski valet, breakfast area, fitness, pool, parking, lodging uses The rezoning will allow all of the exis1ng uses within the building. Any exis1ng use on the property that requires a condi1onal use shall be allowed to con1nue but any future expansion of such a use will require approval of a condi1onal use permit. Loading as exists No reduc1on in loading facili1es yes Exis8ng VVI District ComplianceStandard Page of 5 9 547 Criteria for Review for Zoning Boundary Amendment Sec1on 12-3-7 Amendment provides the Criteria for review a zoning boundary amendment. The criteria area addressed below: (C) Criteria and findings. (1) Zone district boundary amendment. (a) Factors, enumerated. Before acGng on an applicaGon for a zone district boundary amendment, the Planning and Environmental Commission and Town Council shall consider the following factors with respect to the requested zone district boundary amendment: 1.The extent to which the zone district amendment is consistent with all the applicable elements of the adopted goals, objec8ves and policies outlined in the Vail Comprehensive Plan and is compa8ble with the development objec8ves of the town; Applicant Response: The proposed rezoning is consistent with the goals of the Town and the Vail Comprehensive Plan. The zone district applied to this property reflects and current poten1al future uses of the property. This new zone district allows the Village Inn proper1es to con1nue to be a vital mixed use area of the Town and allows for more efficient upgrades and renova1ons over 1me. The following goals, policies, and direc1on from the Town Comprehensive Planning documents support the proposal: Policy 1.1.1: Development and improvement projects approved in the Village shall be consistent with the goals, objec1ves, policies and design considera1ons as outlined in the Vail Village Master Plan and Urban Design Guide Plan. [Vail Village Master Plan] Objec1ve 1.2: Encourage the upgrading and redevelopment of residen1al and commercial facili1es. [Vail Village Master Plan] Policy 1.4.2: The Town may grant flexibility in the interpreta1on and implementa1on of its regula1ons and design guidelines to help protect and maintain the exis1ng character of Vail Village. [Vail Village Master Plan] Policy 3.1.1: Private development projects shall incorporate streetscape improvements (such as paver treatments, landscaping, ligh1ng and sea1ng areas), along adjacent pedestrian ways. [Vail Village Master Plan] Objec1ve 4.1: Improve exis1ng open space areas and create new plazas with greenspace and pocket parks. Recognize the different roles of each type of open space in forming the overall fabric of the Village. [Vail Village Master Plan] Policy 4.1.2: The development of new public plazas, and improvements to exis1ng plazas (public art, landmarks, historic features, streetscape features, sea1ng areas, etc.) shall be strongly encouraged to reinforce their roles as abrac1ve people places. [Vail Village Master Plan] Vail Village Sub-Areas statements pasted below: Page of 6 9 548 2.The extent to which the zone district amendment is suitable with the exis8ng and poten8al land uses on the site and exis8ng and poten8al surrounding land uses as set out in the town’s adopted planning documents; Applicant Response: The proposed rezoning is suitable with exis1ng and poten1al land uses onsite and on surrounding lands. The zoning reflects the current and poten1al future uses of the property. The applica1on of the VVI district will provide the same sort of controls Page of 7 9 549 afforded to the adjacent Vail Village Inn proper1es while recognizing the unique characteris1cs of the Sebas1an Hotel as a major piece of this land use puzzle. This zoning allows equal treatment of similarly situated proper1es. 3.The extent to which the zone district amendment presents a harmonious, convenient, workable rela8onship among land uses consistent with municipal development objec8ves; Applicant Response: The proposed rezoning is suitable with exis1ng and poten1al land uses onsite and on surrounding lands. The zoning reflects the current and poten1al future uses of the property and is consistent with municipal development objec1ves. 4.The extent to which the zone district amendment provides for the growth of an orderly viable community and does not cons8tute spot zoning as the amendment serves the best interests of the community as a whole; Applicant Response: The Town recently applied this zone district to the adjacent property and is intended for this neighborhood. The intent of the zone district is to allow for an orderly and viable community and by applying this district to this property will help to achieve this criterion. The proposed rezoning is consistent with the Town’s development goals and comprehensive planning, reflects the current uses on the property, allows for the development of an orderly viable community, and does not cons1tute spot zoning. 5.The extent to which the zone district amendment results in adverse or beneficial impacts on the natural environment, including, but not limited to, water quality, air quality, noise, vegeta8on, riparian corridors, hillsides and other desirable natural features; Applicant Response: The proposed rezoning has lible impact on these issues based on the loca1on within the Town of Vail and the fact that the use and improvements are not proposed to be changed. Without a development proposal, there are no impacts and the new zone district reflects the exis1ng uses and improvements. 6.The extent to which the zone district amendment is consistent with the purpose statement of the proposed zone district; Applicant Response: This is a circular statement as the proposed zone district is consistent with its own purpose statement. 7.The extent to which the zone district amendment demonstrates how condi8ons have changed since the zoning designa8on of the subject property was adopted and is no longer appropriate; Applicant Response: The current uses are no longer consistent with standards of the PA zone district. The proposed district was developed to more closely align with the exis1ng uses on the Village Inn proper1es as a whole. Any major change to uses on the property requires a Major Exterior Altera1on applica1on which requires PEC review and approval and poten1al call-up by the Town Council. Based on the recent ac1ons by the Courts with Page of 8 9 550 SDD#6 and the Town’s posi1on on its affect to the zoning on the property, the exis1ng zoning on the property is no longer appropriate. 8.Such other factors and criteria as the Commission and/or Council deem applicable to the proposed rezoning. Page of 9 9 551 MAURIELLO PLANNING GROUP, LLC ATTN: DOMINIC MAURIELLO PO BOX 4777 2205 EAGLE RANCH RD EAGLE, CO 81631 Reference Your Reference Number: Our Order Number:50075427 Our Customer Number:26154.1 Invoice (Process) Date:09/12/2025 Transaction Invoiced By:Chad Holtz Email Address:choltz@ltgc.com INVOICE Land Title Guarantee Company 5975 Greenwood Plaza Blvd Suite 125 Greenwood Village, CO 80111 (303) 270-0445 Tax ID: 84-0572036 Invoice Number:VA-16856 Property Address:16 Vail Road, VAIL, CO 81657 Parties: - Charges - "TBD" Commitment $279.00 Amount Credited $0.00 Total Invoice Amount $279.00 Total Amount Due $279.00 Payment due upon receipt Please reference Invoice No. VA-16856 on payment Please make check payable and send to: Land Title Guarantee Company 5975 Greenwood Plaza Blvd Suite 125 Greenwood Village, CO 80111 Form 1128 accounting/invoice.html 50075427 (34398989) 552 Customer Distribution Prevent fraud - Please call a member of our closing team for wire transfer instructions or to initiate a wire transfer. Note that our wiring instructions will never change. Order Number: V50075427 Date: 09/12/2025 Property Address: 16 Vail Road, VAIL, CO 81657 For Closing Assistance For Title Assistance Land Title Eagle County Title Team 610 WEST LIONSHEAD CIRCLE, SUITE 200 VAIL, CO 81657 (970) 477-4500 (Work) eaglecountyrequests@ltgc.com Company License: CO44565 Seller/Owner FERRUCO VAIL Delivered via: Electronic Mail 553 Estimate of Title Fees Order Number: V50075427 Date: 09/12/2025 Property Address: 16 Vail Road, VAIL, CO 81657 Seller(s): FERRUCO VAIL VENTURES LLC, A DELAWARE LIMITED LIABILITY COMPANY Buyer(s): Thank you for putting your trust in Land Title. Below is the estimate of title fees for the transaction. The final fees will be collected at closing. Visit ltgc.com to learn more about Land Title. Estimate of Title Insurance Fees "TBD" Commitment $279.00 TOTAL $279.00 Note: The documents linked in this commitment should be reviewed carefully. These documents, such as covenants conditions and restrictions, may affect the title, ownership and use of the property. You may wish to engage legal assistance in order to fully understand and be aware of the implications of the documents on your property. Chain of Title Documents: Eagle county recorded 01/20/2010 under reception no. 201001123 Plat Map(s): Eagle county recorded 10/13/2011 under reception no. 201119044 554 Property Address: 16 Vail Road, VAIL, CO 81657 1.Effective Date: 09/09/2025 at 5:00 P.M. 2.Policy to be Issued and Proposed Insured: "TBD" Commitment Proposed Insured: $0.00 3.The estate or interest in the land described or referred to in this Commitment and covered herein is: FEE SIMPLE 4.Title to the estate or interest covered herein is at the effective date hereof vested in: FERRUCO VAIL VENTURES LLC, A DELAWARE LIMITED LIABILITY COMPANY 5.The Land referred to in this Commitment is described as follows: ALTA COMMITMENT Old Republic National Title Insurance Company Schedule A Order Number:V50075427 555 Copyright 2006-2025 American Land Title Association. All rights reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. CLUB WEEKS ALL, CLUB UNIT ALL, CLUB UNIT DESIGNATION ALL, ACCORDING TO THE CONDOMINIUM DECLARATION FOR VAIL PLAZA HOTEL RESORT CLUB, RECORDED DECEMBER 5, 2007, AT RECEPTION NO. 200731904 AND THE CONDOMINIUM MAP RECORDED DECEMBER 5, 2007, AT RECEPTION NO. 200731905 AND THE CORRECTED CONDOMINIUM PLAT RESIDENCES AT THE SEBASTIAN RECORDED OCTOBER 13, 2011 AT RECEPTION NO. 201119044 AND AMENDMENT RECORDED NOVEMBER 21, 2012 AT RECEPTION NO. 201223402, IN THE OFFICE OF THE CLERK AND RECORDER, EAGLE COUNTY, COLORADO. RESIDENCE MEMBERSHIP ALL; DESCRIBED AS A CLUB ESTATE, CONSISTING OF CLUB WEEK(S) ALL, INCLUSIVE, IN CLUB UNIT ALL, ACCORDING TO THE CONDOMINIUM DECLARATION FOR VAIL PLAZA HOTEL RESORT CLUB RECORDED DECEMBER 5, 2007 AT RECEPTION NO. 200731904 AND FIRST AMENDMENT TO DECLARATION RECORDED AUGUST 24, 2010 AT RECEPTION NO. 201016570 AND SECOND AMENDMENT RECORDED SEPTEMBER 3, 2010, AT RECEPTION NO. 201017447 AND THIRD AMENDMENT RECORDED NOVEMBER 15, 2011 AT RECEPTION NO. 201121302 AND THE CONDOMINIUM MAP RECORDED DECEMBER 5, 2007, AT RECEPTION NO. 200731905 AND THE CORRECTED CONDOMINIUM PLAT RESIDENCES AT THE SEBASTIAN RECORDED OCTOBER 13, 2011 AT RECEPTION NO. 201119044 AND AMENDMENT RECORDED NOVEMBER 21, 2012 AT RECEPTION NO. 201223402, TOGETHER WITH THE EXCLUSIVE RIGHTS TO POSSESSION AND OCCUPANCY OF A RESIDENCE DESIGNATED FOR THE RESIDENCES AT THE SEBASTIAN DURING THE USE PERIODS RESERVED PURSUANT TO USE PLAN SET FORTH IN THE DECLARATION. RESORT MEMBERSHIP ALL, AN UNDIVIDED 50% INTEREST AS TENANTS IN COMMON IN RESIDENCE MEMBERSHIP ALL; ALSO DESCRIBED AS AN UNDIVIDED 50% INTEREST AS AS TENANTS IN COMMON IN THE CLUB ESTATE, CONSISTING OF CLUB WEEK(S) ALL, IN CLUB UNIT ALL, ACCORDING TO THE CONDOMINIUM DECLARATION FOR VAIL PLAZA HOTEL RESORT CLUB RECORDED DECEMBER 5, 2007 AT RECEPTION NO. 200731904 AND FIRST AMENDMENT TO DECLARATION RECORDED AUGUST 24, 2010 AT RECEPTION NO. 201016570 AND SECOND AMENDMENT RECORDED SEPTEMBER 3, 2010 UNDER RECEPTION NO. 201017447 AND THIRD AMENDMENT RECORDED NOVEMBER 15, 2011 UNDER RECEPTION NO. 201121302 (AS FURTHER AMENDED FROM TIME TO TIME, THE "DECLARATION") AND THE CONDOMINIUM MAP RECORDED DECEMBER 5, 2007, AT RECEPTION NO. 200731905 AND THE CORRECTED CONDOMINIUM PLAT RESIDENCES AT THE SEBASTIAN RECORDED OCTOBER 13, 2011 UNDER RECEPTION NO. 201119044 AND AMENDMENT RECORDED NOVEMBER 21, 2012 AT RECEPTION NO. 201223402 (AS SUPPLEMENTED FROM TIME TO TIME, THE "MAP"), TOGETHER WITH THE EXCLUSIVE RIGHTS TO POSSESSION AND OCCUPANCY OF A RESIDENCE DESIGNATED FOR THE RESIDENCES AT THE SEBASTIAN DURING THE USE PERIODS RESERVED PURSUANT TO USE PLAN SET FORTH IN THE DECLARATION. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule A Order Number:V50075427 556 ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part I (Requirements) Order Number: V50075427 All of the following Requirements must be met: This proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions. Pay the agreed amount for the estate or interest to be insured. Pay the premiums, fees, and charges for the Policy to the Company. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records. THIS COMMITMENT IS FOR INFORMATION ONLY, AND NO POLICY WILL BE ISSUED PURSUANT HERETO. 557 This commitment does not republish any covenants, condition, restriction, or limitation contained in any document referred to in this commitment to the extent that the specific covenant, conditions, restriction, or limitation violates state or federal law based on race, color, religion, sex, sexual orientation, gender identity, handicap, familial status, or national origin. 1.Any facts, rights, interests, or claims thereof, not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 2.Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 3.Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 4.Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposed by law and not shown by the Public Records. 5.Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date of the proposed insured acquires of record for value the estate or interest or mortgage thereon covered by this Commitment. 6.(a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 7.(a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water. 8.RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES AS RESERVED IN UNITED STATES PATENT RECORDED JULY 12, 1899, IN BOOK 48 AT PAGE 475. 9.RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED JULY 12, 1899, IN BOOK 48 AT PAGE 475. 10.RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE, BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS, DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED IN INSTRUMENT RECORDED AUGUST 10, 1962, IN BOOK 174 AT PAGE 179. 11.RECIPROCAL EASEMENT AGREEMENT BETWEEN VAIL VILLAGE INN, A COLORADO CORPORATION, JAMM LTD., A COLORADO LIMITED PARTNERSHIP AND VAIL VILLAGE INN ASSOCIATES, A COLORADO GENERAL PARTNERSHIP RECORDED JANUARY 3, 1983 IN BOOK 351 AT PAGE 324. 12.TERMS, CONDITIONS AND PROVISIONS OF AGREEMENT RECORDED SEPTEMBER 09, 1983 IN BOOK 367 AT PAGE 833. 13.TERMS, CONDITIONS AND PROVISIONS OF DECLARATION OF EASEMENTS AND RIGHTS RECORDED FEBRUARY 04, 1988 IN BOOK 478 AT PAGE 377 AND AMENDMENT TO DECLARATION OF EASEMENTS AND RIGHTS RECORDED DECEMBER 5, 2007 AT RECEPTION NO. 200731909. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part II (Exceptions) Order Number: V50075427 558 14.TERMS, CONDITIONS AND PROVISIONS OF DECLARATION CONCERNING PARKING WITHIN SPECIAL DEVELOPMENT DISTRICT 6 RECORDED JULY 10, 1984 IN BOOK 388 AT PAGE 856. 15.EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON THE RECORDED PLAT OF VAIL VILLAGE FIRST FILING RECORDED AUGUST 6, 1962 IN BOOK V AT PAGE 26. 16.UTILITY EASEMENT AS GRANTED TO HOLY CROSS ELECTRIC ASSOCIATION, INC. IN INSTRUMENT RECORDED JANUARY 21, 1983 IN BOOK 352 AT PAGE 396. 17.TERMS, CONDITIONS AND PROVISIONS OF ENCROACHMENT AND VIEW AGREEMENT RECORDED DECEMBER 22, 1989 IN BOOK 520 AT PAGE 167. 18.TERMS, CONDITIONS AND PROVISIONS OF DEED OF EASEMENT RECORDED MAY 18, 1994 IN BOOK 640 AT PAGE 621. 19.TERMS, CONDITIONS AND PROVISIONS OF TRENCH, CONDUIT, AND VAULT AGREEMENT RECORDED AUGUST 03, 2005 AT RECEPTION NO. 924954. 20.TERMS, CONDITIONS AND PROVISIONS OF HOLY CROSS ENERGY UNDERGROUND RIGHT-OF-WAY EASEMENT RECORDED AUGUST 03, 2005 AT RECEPTION NO. 924955. 21.TERMS, CONDITIONS AND PROVISIONS OF TRANSFORMER ACCESS AGREEMENT RECORDED FEBRUARY 23, 2007 AT RECEPTION NO. 200704778. 22.TERMS, CONDITIONS AND PROVISIONS OF ENCROACHMENT AGREEMENT RECORDED APRIL 27, 2007 AT RECEPTION NO. 200710768. 23.TERMS, CONDITIONS AND PROVISIONS OF ENCROACHMENT AGREEMENT FOR UTILITIES EASEMENT AT VAIL PLAZA RECORDED APRIL 27, 2007 AT RECEPTION NO. 200710770. 24.TERMS, CONDITIONS AND PROVISIONS OF GRANT OF EASEMENT RECORDED MARCH 31, 2008 AT RECEPTION NO. 200806944. 25.EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON THE CONDOMINIUM PLAT OF VAIL PLAZA HOTEL RESORT CLUB RECORDED DECEMBER 5, 2007 AT RECEPTION NO. 200731905 AND THE CORRECTED CONDOMINIUM PLAT RESIDENCES AT THE SEBASTIAN RECORDED OCTOBER 13, 2011 UNDER RECEPTION NO. 201119044 AND FIRST AMENDMENT THERETO RECORDED NOVEMBER 21, 2012 AT RECEPTION NO. 201223402 AND CORRECTION TO FIRST AMENDED PLAT RECORDED NOVEMBER 16, 2016 UNDER RECEPTION NO. 201619448 AND SECOND AMENDMENT THERETO RECORDED NOVEMBER 16, 2016 UNDER RECEPTION NO. 201619449. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part II (Exceptions) Order Number: V50075427 559 26.THOSE PROVISIONS, COVENANTS AND CONDITIONS, EASEMENTS AND RESTRICTIONS, WHICH ARE A BURDEN TO THE CONDOMINIUM UNIT DESCRIBED IN SCHEDULE A, BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS, DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED IN INSTRUMENT RECORDED DECEMBER 5, 2007 UNDER RECEPTION NO. 200731904 AND ASSIGNMENT OF DECLARANT RIGHTS RECORDED JANUARY 20, 2010 UNDER RECEPTION NO. 201001124 AND AS AMENDED IN INSTRUMENT RECORDED AUGUST 24, 2010 UNDER RECEPTION NO. 201016570 AND AS AMENDED IN INSTRUMENT RECORDED SEPTEMBER 3, 2010 UNDER RECEPTION NO. 201017447 AND THE THIRD AMENDMENT RECORDED NOVEMBER 15, 2011 UNDER RECEPTION NO. 201121302 AND NOTICE OF WITHDRAWL FROM DECLARATION RECORDED SEPTEMBER 24, 2012 UNDER RECEPTION NO. 201219239 AND THE FOURTH AMENDMENT RECORDED NOVEMBER 16, 2016 UNDER RECEPTION NO. 201619447. SECTION 24.12 CONTAINS THE TOWN OF VAIL REQUIREMENT FOR RESALES. ALTA COMMITMENT Old Republic National Title Insurance Company Schedule B, Part II (Exceptions) Order Number: V50075427 560 Land Title Guarantee Company Disclosure Statements Note: Pursuant to CRS 10-11-122, notice is hereby given that: Note: Effective September 1, 1997, CRS 30-10-406 requires that all documents received for recording or filing in the clerk and recorder's office shall contain a top margin of at least one inch and a left, right and bottom margin of at least one half of an inch. The clerk and recorder may refuse to record or file any document that does not conform, except that, the requirement for the top margin shall not apply to documents using forms on which space is provided for recording or filing information at the top margin of the document. Note: Colorado Division of Insurance Regulations 8-1-2 requires that "Every title entity shall be responsible for all matters which appear of record prior to the time of recording whenever the title entity conducts the closing and is responsible for recording or filing of legal documents resulting from the transaction which was closed". Provided that Land Title Guarantee Company conducts the closing of the insured transaction and is responsible for recording the legal documents from the transaction, exception number 5 will not appear on the Owner's Title Policy and the Lenders Policy when issued. Note: Affirmative mechanic's lien protection for the Owner may be available (typically by deletion of Exception no. 4 of Schedule B, Section 2 of the Commitment from the Owner's Policy to be issued) upon compliance with the following conditions: No coverage will be given under any circumstances for labor or material for which the insured has contracted for or agreed to pay. Note: Pursuant to CRS 10-11-123, notice is hereby given: The Subject real property may be located in a special taxing district.(A) A certificate of taxes due listing each taxing jurisdiction will be obtained from the county treasurer of the county in which the real property is located or that county treasurer's authorized agent unless the proposed insured provides written instructions to the contrary. (for an Owner's Policy of Title Insurance pertaining to a sale of residential real property). (B) The information regarding special districts and the boundaries of such districts may be obtained from the Board of County Commissioners, the County Clerk and Recorder, or the County Assessor. (C) The land described in Schedule A of this commitment must be a single family residence which includes a condominium or townhouse unit. (A) No labor or materials have been furnished by mechanics or material-men for purposes of construction on the land described in Schedule A of this Commitment within the past 6 months. (B) The Company must receive an appropriate affidavit indemnifying the Company against un-filed mechanic's and material-men's liens. (C) The Company must receive payment of the appropriate premium.(D) If there has been construction, improvements or major repairs undertaken on the property to be purchased within six months prior to the Date of Commitment, the requirements to obtain coverage for unrecorded liens will include: disclosure of certain construction information; financial information as to the seller, the builder and or the contractor; payment of the appropriate premium fully executed Indemnity Agreements satisfactory to the company, and, any additional requirements as may be necessary after an examination of the aforesaid information by the Company. (E) 561 This notice applies to owner's policy commitments disclosing that a mineral estate has been severed from the surface estate, in Schedule B-2. Note: Pursuant to CRS 10-1-128(6)(a), It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory Agencies. Note: Pursuant to Colorado Division of Insurance Regulations 8-1-3, notice is hereby given of the availability of a closing protection letter for the lender, purchaser, lessee or seller in connection with this transaction. Note: Pursuant to CRS 24-21-514.5, Colorado notaries may remotely notarize real estate deeds and other documents using real-time audio-video communication technology. You may choose not to use remote notarization for any document. That there is recorded evidence that a mineral estate has been severed, leased, or otherwise conveyed from the surface estate and that there is substantial likelihood that a third party holds some or all interest in oil, gas, other minerals, or geothermal energy in the property; and (A) That such mineral estate may include the right to enter and use the property without the surface owner's permission. (B) 562 Joint Notice of Privacy Policy of Land Title Guarantee Company Land Title Insurance Corporation and Old Republic National Title Insurancy Company This Statement is provided to you as a customer of Land Title Guarantee Company as agent for Land Title Insurance Corporation and Old Republic National Title Insurance Company. We want you to know that we recognize and respect your privacy expectations and the requirements of federal and state privacy laws. Information security is one of our highest priorities. We recognize that maintaining your trust and confidence is the bedrock of our business. We maintain and regularly review internal and external safeguards against unauthorized access to your non-public personal information ("Personal Information"). In the course of our business, we may collect Personal Information about you from: applications or other forms we receive from you, including communications sent through TMX, our web-based transaction management system; your transactions with, or from the services being performed by us, our affiliates, or others; a consumer reporting agency, if such information is provided to us in connection with your transaction; and The public records maintained by governmental entities that we obtain either directly from those entities, or from our affiliates and non-affiliates. Our policies regarding the protection of the confidentiality and security of your Personal Information are as follows: We restrict access to all Personal Information about you to those employees who need to know that information in order to provide products and services to you. We may share your Personal Information with affiliated contractors or service providers who provide services in the course of our business, but only to the extent necessary for these providers to perform their services and to provide these services to you as may be required by your transaction. We maintain physical, electronic and procedural safeguards that comply with federal standards to protect your Personal Information from unauthorized access or intrusion. Employees who violate our strict policies and procedures regarding privacy are subject to disciplinary action. We regularly assess security standards and procedures to protect against unauthorized access to Personal Information. WE DO NOT DISCLOSE ANY PERSONAL INFORMATION ABOUT YOU WITH ANYONE FOR ANY PURPOSE THAT IS NOT STATED ABOVE OR PERMITTED BY LAW. Consistent with applicable privacy laws, there are some situations in which Personal Information may be disclosed. We may disclose your Personal Information when you direct or give us permission; when we are required by law to do so, for example, if we are served a subpoena; or when we suspect fraudulent or criminal activities. We also may disclose your Personal Information when otherwise permitted by applicable privacy laws such as, for example, when disclosure is needed to enforce our rights arising out of any agreement, transaction or relationship with you. Our policy regarding dispute resolution is as follows: Any controversy or claim arising out of or relating to our privacy policy, or the breach thereof, shall be settled by arbitration in accordance with the rules of the American Arbitration 563 Association, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. 564 Commitment For Title Insurance Issued by Old Republic National Title Insurance Company NOTICE IMPORTANT—READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT. THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION, OPINION OF TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE COMPANY TO DETERMINE INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE PROPRIETARY TO THE COMPANY, WERE PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE NO EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUDING A PROPOSED INSURED. THE COMPANY’S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED IDENTIFIED IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE COMPANY HAS NO LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER PERSON. . COMMITMENT TO ISSUE POLICY Subject to the Notice; Schedule B, Part I—Requirements; Schedule B, Part II—Exceptions; and the Commitment Conditions, Old Republic National Title Insurance Company, a Minnesota corporation (the “Company”), commits to issue the Policy according to the terms and provisions of this Commitment. This Commitment is effective as of the Commitment Date shown in Schedule A for each Policy described in Schedule A, only when the Company has entered in Schedule A both the specified dollar amount as the Proposed Policy Amount and the name of the Proposed Insured. If all of the Schedule B, Part I—Requirements have not been met within 6 months after the Commitment Date, this Commitment terminates and the Company’s liability and obligation end. COMMITMENT CONDITIONS 1. DEFINITIONS 2. If all of the Schedule B, Part I—Requirements have not been met within the time period specified in the Commitment to Issue Policy, Commitment terminates and the Company’s liability and obligation end. 3. The Company’s liability and obligation is limited by and this Commitment is not valid without: 4. COMPANY’S RIGHT TO AMEND The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien, encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the Company is limited by Commitment Condition 5. The Company shall not be liable for any other amendment to this Commitment. 5. LIMITATIONS OF LIABILITY i. comply with the Schedule B, Part I—Requirements; ii. eliminate, with the Company’s written consent, any Schedule B, Part II—Exceptions; or iii. acquire the Title or create the Mortgage covered by this Commitment. 6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT “Knowledge” or “Known”: Actual or imputed knowledge, but not constructive notice imparted by the Public Records.(a) “Land”: The land described in Schedule A and affixed improvements that by law constitute real property. The term “Land” does not include any property beyond the lines of the area described in Schedule A, nor any right, title, interest, estate, or easement in abutting streets, roads, avenues, alleys, lanes, ways, or waterways, but this does not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy. (b) “Mortgage”: A mortgage, deed of trust, or other security instrument, including one evidenced by electronic means authorized by law.(c) “Policy”: Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued by the Company pursuant to this Commitment. (d) “Proposed Insured”: Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this Commitment.(e) “Proposed Policy Amount”: Each dollar amount specified in Schedule A as the Proposed Policy Amount of each Policy to be issued pursuant to this Commitment. (f) “Public Records”: Records established under state statutes at the Commitment Date for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without Knowledge. (g) “Title”: The estate or interest described in Schedule A.(h) the Notice;(a) the Commitment to Issue Policy;(b) the Commitment Conditions;(c) Schedule A;(d) Schedule B, Part I—Requirements; and(e) Schedule B, Part II—Exceptions; and(f) a counter-signature by the Company or its issuing agent that may be in electronic form.(g) The Company’s liability under Commitment Condition 4 is limited to the Proposed Insured’s actual expense incurred in the interval between the Company’s delivery to the Proposed Insured of the Commitment and the delivery of the amended Commitment, resulting from the Proposed Insured’s good faith reliance to: (a) The Company shall not be liable under Commitment Condition 5(a) if the Proposed Insured requested the amendment or had Knowledge of the matter and did not notify the Company about it in writing. (b) The Company will only have liability under Commitment Condition 4 if the Proposed Insured would not have incurred the expense had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured. (c) The Company’s liability shall not exceed the lesser of the Proposed Insured’s actual expense incurred in good faith and described in Commitment Conditions 5(a)(i) through 5(a)(iii) or the Proposed Policy Amount. (d) The Company shall not be liable for the content of the Transaction Identification Data, if any.(e) In no event shall the Company be obligated to issue the Policy referred to in this Commitment unless all of the Schedule B, Part I—Requirements have been met to the satisfaction of the Company. (f) In any event, the Company’s liability is limited by the terms and provisions of the Policy.(g) Only a Proposed Insured identified in Schedule A, and no other person, may make a claim under this Commitment.(a) Any claim must be based in contract and must be restricted solely to the terms and provisions of this Commitment.(b) Until the Policy is issued, this Commitment, as last revised, is the exclusive and entire agreement between the parties with respect to the subject matter of this Commitment and supersedes all prior commitment negotiations, representations, and proposals of any kind, whether written or oral, express or implied, relating to the subject matter of this Commitment. (c) 565 7. IF THIS COMMITMENT HAS BEEN ISSUED BY AN ISSUING AGENT The issuing agent is the Company’s agent only for the limited purpose of issuing title insurance commitments and policies. The issuing agent is not the Company’s agent for the purpose of providing closing or settlement services. 8. PRO-FORMA POLICY The Company may provide, at the request of a Proposed Insured, a pro-forma policy illustrating the coverage that the Company may provide. A pro-forma policy neither reflects the status of Title at the time that the pro-forma policy is delivered to a Proposed Insured, nor is it a commitment to insure. 9. ARBITRATION The Policy contains an arbitration clause. All arbitrable matters when the Proposed Policy Amount is $2,000,000 or less shall be arbitrated at the option of either the Company or the Proposed Insured as the exclusive remedy of the parties. A Proposed Insured may review a copy of the arbitration rules at http://www.alta.org/arbitration. IN WITNESS WHEREOF, Land Title Insurance Corporation has caused its corporate name and seal to be affixed by its duly authorized officers on the date shown in Schedule A to be valid when countersigned by a validating officer or other authorized signatory. Issued by: Land Title Guarantee Company 3033 East First Avenue Suite 600 Denver, Colorado 80206 303-321-1880 Craig B. Rants, Senior Vice President This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I—Requirements; and Schedule B, Part II —Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. The deletion or modification of any Schedule B, Part II—Exception does not constitute an agreement or obligation to provide coverage beyond the terms and provisions of this Commitment or the Policy. (d) Any amendment or endorsement to this Commitment must be in writing and authenticated by a person authorized by the Company.(e) When the Policy is issued, all liability and obligation under this Commitment will end and the Company’s only liability will be under the Policy.(f) 566 56 7 56 8 56 9 57 0 57 1 57 2 57 3 57 4 57 5 57 6 57 7 57 8 57 9 58 0 58 1 58 2 58 3 58 4 58 5 58 6 58 7 58 8 58 9 59 0 591 592 593 594 595 596 1 7/11/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/GROY_VAIL_GOV/DOCUMENTS/GREG/PEC CASES/PEC25- 0012/TC/VVI DISTRICT-O071125 (GR).DOCX ORDINANCE NO. 15 SERIES 2025 AN ORDINANCE AMENDING TITLE 12 OF THE VAIL TOWN CODE TO CREATE THE VAIL VILLAGE INN (VVI) ZONE DISTRICT AND MAKING CORRESPONDING EDITS TO OTHER SECTIONS OF TITLE 12 WHEREAS, Section 12-3-7 of the Vail Town Code sets forth the procedures for amending provisions of Title 12 of the Vail Town Code; and WHEREAS, on June 15 and June 23, 2025, the Planning and Environmental Commission (the "PEC") held properly-noticed public hearings on proposed amendments to Title 12 to add a new zone district and make corresponding edits to other sections of Title 12; and WHEREAS, on July 15, 2025, the Town Council held a properly-noticed public hearing on the proposed amendments. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. The definition of Site Coverage contained in Section 12-2-2 of the Vail Town Code is repealed in its entirety and reenacted as follows: SITE COVERAGE. The ratio of the total building area of a site to the total area of a site, expressed as a percentage, subject to the following: 1) portion of a site occupied by a building, carport, portecochere, arcade or covered or roofed walkway constructed at, below, or above grade as measured from the exterior face of the sheathing of the perimeter walls or supporting columns. 2) A balcony or deck projecting from a higher elevation may extend over a lower balcony, deck or walkway, and in such case the higher balcony or deck shall not be deemed a roof or covering for the lower balcony, deck or walkway. 3) Building area shall also include any portion of roof overhangs, eaves, covered stairs, covered decks, covered porches, covered terraces and covered patios that extend more than four (4) feet from the exterior face of the perimeter building walls or supporting columns. 4) In the VVI, HDMF, CH-3, CC1, CC2, CC3, CSC, LMU-1, LMU-2, PA, PA-2, SBR, and SBR2 zone districts, below-grade improvements are not included in the calculation of site coverage. 597 2 7/11/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/GROY_VAIL_GOV/DOCUMENTS/GREG/PEC CASES/PEC25- 0012/TC/VVI DISTRICT-O071125 (GR).DOCX Section 2. Section 12-4-1 of the Vail Town Code is hereby amended by the addition of a new subsection (FF), to read as follows: FF) Vail Village Inn (VVI) District. Section 3. Chapter 7 of Title 12 of the Vail Town Code is hereby amended by the addition of a new Article 7K, to read as follows: ARTICLE 7K: VAIL VILLAGE INN (VVI) DISTRICT 12-7K-1 INTENT AND PURPOSE. A) The Vail Village Inn (VVI) zone district is intended to provide sites for general shopping and commercial facilities serving the Town, together with multi-family dwelling units and lodge and accommodation uses as may be appropriate. B) The purpose of this Article is intended to ensure adequate light, air, open space and other amenities appropriate to permitted types of buildings and uses, and to maintain a convenient pedestrian environment for permitted commercial uses. 12-7K-2 PERMITTED USES; BASEMENT OR GARDEN LEVEL. The following uses shall be permitted in the basement or garden level of a building: 1) Accommodation units; 2) Attached accommodation units: 3) Banks and financial institutions; 4) Commercial ski storage/ski clubs; 5) Conference facilities and meeting rooms; 6) Eating and drinking establishments; 7) Employee housing units, subject to Chapter 13 of this Title 12; 8) Fractional fee clubs, timeshare, and fractional units; 9) Liquor stores; 10) Lodge dwelling units; 11) Multi-family residential dwelling units; 12) Personal services and repair shops; 13) Private clubs; 14) Professional offices, business offices and studios; 15) Recreation facilities; 16) Religious institutions; 598 3 7/11/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/GROY_VAIL_GOV/DOCUMENTS/GREG/PEC CASES/PEC25- 0012/TC/VVI DISTRICT-O071125 (GR).DOCX 17) Retail establishments; and 18) Spa facilities. 12-7K-3 PERMITTED AND CONDITIONAL USES; FIRST FLOOR OR STREET LEVEL. A) Permitted uses. The following uses shall be permitted on the first floor or street level of a building: 1) Banks and financial institutions; 2) Conference facilities and meeting rooms; 3) Eating and drinking establishments; 4) Liquor stores; 5) Multi-family residential dwelling units and lodge dwelling unit that do not front upon a retail pedestrian corridor; 6) Personal services and repair shops; 7) Recreation facilities; 8) Religious institutions; and 9) Retail establishments. B) Conditional uses. The following uses shall be permitted on the first floor or street level floor of a building, subject to issuance of a conditional use permit pursuant to Chapter 16 of this Title 12: 1) Accommodation units; 2) Attached accommodation units; 3) Employee housing units, subject to Chapter 13 of this Title 12; 4) Multi-family residential dwelling units 5) Lodge dwelling units; 6) Fractional fee clubs, timeshares, and fractional units; 7) Private clubs; and 8) Professional offices, business offices and studios. 12-7K-4 PERMITTED AND CONDITIONAL USES; SECOND FLOOR AND ABOVE. A) Permitted uses. The following uses shall be permitted on any floor above the first floor of a building: 1) Accommodation units; 2) Attached accommodation units; 3) Employee housing units, subject to Chapter 13 of this Title 12; 599 4 7/11/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/GROY_VAIL_GOV/DOCUMENTS/GREG/PEC CASES/PEC25- 0012/TC/VVI DISTRICT-O071125 (GR).DOCX 4) Multiple-family residential dwelling units; 5) Lodge dwelling units; 6) Fractional fee clubs, timeshare, and fractional units; and 7) Religious institutions. B) Conditional uses. The following uses shall be permitted on any floor of a building above the first floor, subject to the issuance of a conditional use permit pursuant to Chapter 16 of this Title 12: 1) Banks and financial institutions; 2) Conference facilities and meeting rooms; 3) Eating and drinking establishments; 4) Liquor stores; 5) Personal services and repair shops; 6) Private clubs; 7) Professional offices, business offices and studios; 8) Recreation facilities; 9) Retail establishments; and 10) Spa facilities. 12-7K-5 CONDITIONAL USES. The following conditional uses shall be permitted on any floor of a building, subject to issuance of a conditional use permit pursuant to Chapter 16 of this Title 12: 1) Child daycare centers; 2) Communications antennas and appurtenant equipment; 3) Public or private parking structures; 4) Public buildings, grounds and facilities; 5) Public park and recreation facilities; and 6) Public utility and public service uses. 12-7K-6 ACCESSORY USES. The following accessory uses shall be permitted: 1) Home occupations, subject to issuance of a home occupation permit pursuant to § 12-14-12; 2) Swimming pools, tennis courts, patios, and other recreation facilities customarily incidental to residential or lodge uses; and 600 5 7/11/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/GROY_VAIL_GOV/DOCUMENTS/GREG/PEC CASES/PEC25- 0012/TC/VVI DISTRICT-O071125 (GR).DOCX 3) Other uses customarily incidental and accessory to permitted or conditional uses and necessary for the operation thereof. 12-7K-7 LOT AREA. The minimum lot area shall be ten thousand (10,000) square feet. 12-7K-8 SETBACKS. A) The minimum front, side, and rear setbacks shall be ten (10) feet. B) At the discretion of the PEC or the DRB, variations to the prescribed setbacks may be approved during the review of a major exterior alteration if the proposed setbacks: 1) Provide necessary separation between buildings and riparian areas, geologically sensitive areas and other environmentally sensitive areas; 2) Comply with applicable elements of the Vail Village Urban Design Guide Plan and Design Considerations; 3) Provide adequate light, air and open space; 4) Are compatible with buildings and uses on adjacent properties; and 5) Will result in creative design solutions or other public benefits that could not otherwise be achieved by conformance with the prescribed setbacks. 12-7K-9 HEIGHT. A) For a structure with a flat or mansard roof, the maximum height shall be forty-five (45) feet. B) For a structure with a sloping roof, the maximum height shall be forty- eight (48) feet. 12-7K-10 DENSITY. There shall be no limitation on the number of dwelling units per acre. 12-7K-11 GROSS RESIDENTIAL FLOOR AREA. Up to one hundred sixty-five (165) square feet of gross residential floor area GRFA) is permitted for each one hundred (100) square feet of lot area. 12-7K-12 SITE COVERAGE. Site coverage shall not exceed sixty percent (60%) of the total lot area. 12-7K-13 LANDSCAPING. A) At least thirty percent (30%) of the total lot area shall be landscaped. B) The PEC or the DRB may approve variations to the prescribed landscape area during the review of a major exterior alteration if the proposed landscape design: 601 6 7/11/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/GROY_VAIL_GOV/DOCUMENTS/GREG/PEC CASES/PEC25- 0012/TC/VVI DISTRICT-O071125 (GR).DOCX 1) Is consistent with the Vail Village Master Plan; 2) Complies with applicable elements of the Vail Village Urban Design Guide Plan and Design Considerations; and 3) Will result in creative design solutions or other public benefits that could not otherwise be achieved by conformance with the prescribed landscape area. 12-7K-14 PARKING AND LOADING. A) Off-street parking shall be provided in accordance with Chapter 10 of this Title 12, except that additional on-site parking generated by changes to commercial uses or expansions of floor area of existing commercial uses may pay into the Parking Fund established by §12-10-16(B) in lieu of providing such parking. B) No additional loading facilities are required, but there shall be no reduction of existing loading facilities. 12-7K-15 LOCATION OF BUSINESS ACTIVITY. A) All uses shall be operated and conducted entirely within a building except for: permitted parking and loading areas; the outdoor display of goods; and such activities that are specifically authorized to be unenclosed by a conditional use permit. B) The area to be used for an outdoor display of goods shall be located directly in front of the establishment displaying the goods and entirely upon private property. An outdoor display of goods shall not obstruct sidewalks, building entrances or exits, driveways, or streets. C) For purposes of this Section, "conducted entirely within a building" means that all activities related to the use, including contacting potential customers and clients, must occur completely inside of a building, and not in an open doorway of the building. 12-7K-16 MAJOR EXTERIOR ALTERATIONS. A) Applicability: A major exterior alteration includes: construction of a new building or the alteration of an existing building which adds additional dwelling units, accommodation units, fractional fee club units, or timeshare units; any project adding more than one thousand (1,000) square feet of commercial floor area or common space; or any project which has substantial off site impacts, as determined by the Administrator. B) Application: 1) The application shall be submitted by the owner of the building or their authorized representative on a form provided by the Town. An application for a unit within a building with an owners' association shall be authorized by the association. 602 7 7/11/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/GROY_VAIL_GOV/DOCUMENTS/GREG/PEC CASES/PEC25- 0012/TC/VVI DISTRICT-O071125 (GR).DOCX 2) The Administrator shall maintain a complete list of the application submittal requirements, and may waive certain submittal requirements if the applicant demonstrates that the information and materials required are not relevant to the application. The Administrator may also require the submission of additional plans, drawings, specifications, samples and other materials if deemed necessary to properly evaluate the application. C) Planning and Environmental Commission ("PEC") review: 1) The PEC shall hold a public hearing on the application in accordance with § 12-3-6. 2) At the public hearing, the applicant must prove by a preponderance of the evidence that the proposed exterior alteration complies with this Article and applicable elements of the Vail Village Master Plan and that the proposal does not otherwise have a significant negative effect on the character of the neighborhood. 3) Following the public hearing, the PEC may approve the application as submitted, approve the application with conditions or modifications, or deny the application. D) Design Review Board ("DRB") review: Following PEC approval, the application shall be reviewed by the DRB pursuant to Chapter 11 of this Title 12. E) Lapse of approval: 1) Failure to receive DRB approval within two (2) years after the date of PEC approval shall void the PEC approval. 2) Failure to commence construction under a valid building permit within two (2) years after the date of DRB approval shall void the DRB approval. 3) Administrative extensions shall be allowed for reasonable and unexpected delays if regulations affecting the application have not changed. 12-7K-17 MINOR EXTERIOR ALTERATIONS. The construction of a new building or the alteration of an existing building that is not a major exterior alteration shall be reviewed by the DRB pursuant to Chapter 11 of this Title 12. 12-7-K-18 NONCONFORMING USES, STRUCTURES, AND SITE IMPROVEMENTS. A) Applicability: This Section shall apply to nonconforming uses, structures and site improvements in the VVI District in lieu of Chapter 18 of this Title 12. B) Uses: 603 8 7/11/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/GROY_VAIL_GOV/DOCUMENTS/GREG/PEC CASES/PEC25- 0012/TC/VVI DISTRICT-O071125 (GR).DOCX 1) The use of a site or structure lawfully established prior to the effective date of the ordinance codified in this Article that does not conform to the use regulations prescribed by this Article may be continued, subject to this Section and provided that no such nonconforming use shall be enlarged to increase the site coverage or GRFA. Any subsequent reduction in site coverage or GRFA shall be deemed a new limitation, and the use shall not thereafter be enlarged to increase the site coverage or GRFA. 2) A nonconforming use shall not be changed to another nonconforming use. 3) Any nonconforming use that is discontinued for a period of twelve (12) months, regardless of any intent to resume operation of use, shall not be resumed, and any future use shall comply with this Article. C) Structures and site improvements: 1) Structures and site improvements lawfully authorized by permits or regulations existing prior to the effective date of the ordinance codified in this Article that do not conform to the following may continue, subject to this Section: a) Height; b) Setbacks; and c) Site coverage. 2) If a nonconforming structure or site improvement is destroyed by fire or disaster, the structure or site improvement may be reconstructed if the reconstruction is commenced within twelve (12) months and diligently pursued to completion. All new construction shall comply with all applicable codes regarding safety and construction in effect at the time of reconstruction. D) Maintenance: Nonconforming uses, structures and site improvements may be maintained and repaired as necessary for convenience, safety and efficiency, provided that the maintenance or repair does not increase the nonconformity. Section 4. The table in Section 12-13-4 of the Vail Town Code is hereby amended by the addition of "Vail Village Inn (VVI)" to the column entitled "Zoning Districts Permitted by Right" for the rows entitled "Type lll", "Type Vll-CL", and "Type Vll-IZ". Section 5. Section 12-15-2 of the Vail Town Code is hereby amended by the addition of "VVI Vail Village Inn" to the column entitled "Zone Districts", and by the addition of "no limitation" to the column entitled "GRFA Ratio". Section 6. Section 12-23-1(B) of the Vail Town Code is hereby amended by the addition of a new subsection (17), to read as follows: 604 9 7/11/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/GROY_VAIL_GOV/DOCUMENTS/GREG/PEC CASES/PEC25- 0012/TC/VVI DISTRICT-O071125 (GR).DOCX 17) Vail Village Inn (VVI). Section 7. Section 12-24-1(B) of the Vail Town Code is hereby amended by the addition of a new subsection (19), to read as follows: 19) Vail Village Inn (VVI). 2025, in the Council Chambers of the Vail Municipal Building, Vail, Colorado. Travis Coggin, Mayor ATTEST: Stephanie Kauffman, Town Clerk READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED this ___ day of ______________, 2025. Travis Coggin, Mayor Section 8. 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 9. 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 10. The amendment of any provision of the 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. Section 11. 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 __________, 1_5 t_h day of __J_ul_y 2025 and a public hearing for second reading of this Ordinance set for the __5 _th_day of August 7th August 605 10 7/11/2025 HTTPS://VAILCOGOV-MY.SHAREPOINT.COM/PERSONAL/GROY_VAIL_GOV/DOCUMENTS/GREG/PEC CASES/PEC25- 0012/TC/VVI DISTRICT-O071125 (GR).DOCX ATTEST: Stephanie Kauffman, Town Clerk 606 Present:Robyn Smith Robyn Smith John Rediker John Rediker Brad Hagedorn William A Jensen William A Jensen Robert N Lipnick Robert N Lipnick Absent:Craig H Lintner Jr David N Tucker 1.Virtual Link Register to attend the Planning and Environmental Commission meeting. Once registered, you will receive a confirmation email containing information about joining this webinar. 2.Call to Order 3.Worksession 4.Main Agenda Planner: Greg Roy Applicant Name: Lunar Vail Land Investments, LLC represented by Ruther Associates LLC Time: 5 min 4.1 A request for recommendation to the Vail Town Council, pursuant to Section 3-2-6A, Function, Vail Town Code, to amend Conceptual Building Height Plan of the Vail Village Master Plan. (PEC25-0025) Smith discloses she has accepted job with the Vail Housing department but she hasn’t started yet, and has no financial interest or conflict of interest with the application. Planner Roy gives a presentation on the application to amend the conceptual building height plan. He talks about the plan and adjacent context and heights in the area. Staff found the application did not meet the criteria and is therefore recommending the PEC forward a recommendation of denial. Smith, is the Wren five or six stories straight up from the path? Will there be a step in that potential redevelopment as well? Roy, this is a guiding document, just because the upper limit is there doesn’t mean appropriate development to a specific area. The applicant is represented by George Ruther with Ruther Associates, and Ron Byrne and Dave Zessin, president of Apollo Park HOA. Planning and Environmental Commission Minutes Monday, October 13, 2025 1:00 PM Vail Town Council Chambers PEC25-0025 - Staff Memo.pdf Attachment A. Applicant Narrative 1 Planning and Environmental Commission Meeting Minutes of October 13, 2025 607 Ruther is surprised by Staff’s recommendation, we read the same document and came up with something different. In the criteria, it is applicant’s responsibility to show at least one of those conditions is met, we think we meet all three. Ruther gives a presentation addressing the three criteria. He talks about the graphic of view corridors and conceptual heights on the frontage road. Ruther talks about the proposal in relation to the conceptual building heights in the master plan. The proposal is four stories of building on the north façade, an additional story on the south façade. Rediker and Ruther discuss the graphic showing the number of stories on the north, central, and southern portion of the site. Hagedorn, why do you need to amend the plan if you’re presenting a four-story building currently? Ruther thought was the appropriate thing to cover all the bases, but in hindsight has seen how many large projects were approved without a master plan amendment. It’s the right thing to do from a planner’s perspective. Rediker, how much is great than four stories? Ruther, the north, east, and west facades are four, on the south it gets up to 6 because of the way the grade drops offs. Rediker, the bottom story is a lower grade than the Wren and VMVR? Ruther says yes, about eight feet lower. We didn’t want to go forward with flat roofs, that would have helped with height, but believed it was out of character with the neighborhood. The grade was significantly altered on the south side of the building at VMVR Zessin says there wasn’t a picture of Apollo Park. The current Building B is a five-story tall building, can’t see the base from the creek path. We’re planning to pull this back from the creek over current conditions. Rediker asks for public comment regarding Item 4.1. Howard Willard lives in VMVR. It’s important to note VMVR is 48’, four stories plus attic. Apollo Park is asking for 64 feet and six stories. You can’t rely on imaginary future changes at the Wren, you have to look at the site. The only other SDD in the neighborhood is VMVR at 48 feet, Altus is 70 feet but was 50% onsite EHUs. Eugene Kottenstette, owner at the Wren. Surprised how close the Apollo property is to the creek, have a hard time believing the new building won’t be bigger than the existing. Dan Wolfe is in VMVR building. The applicant has cited the odd shape of the lot on several occasions, as a reason for variances. Questions whether it is the Town’s responsibility to solve their problems, he is against approving this notion. Michael Dardick, an owner in VMVR. Opposes this application, the height is excessive. This developer didn’t collaborate one bit on something that would fit in this site. Craig Carty, an owner at the Wren. Agrees with the last two speakers, opposed to the redevelopment as presented today. We would welcome the project if it fit the scale of the lot and neighborhood. Sent pictures of Apollo Park today, it is three stories tall. The proposal is to go to six stories in the middle. The new building is also massive; the density is too much for this small neighborhood. Also concerned about pay in lieu, which is part of this development, the Town needs to look at this. Jennifer Wiler and David Fintak, owners at the Wren. Echoes previous comments, strongly recommend that PEC supports recommendation of Staff in denying proposal. A double-digit increase in height is 2 Planning and Environmental Commission Meeting Minutes of October 13, 2025 608 inappropriate. The rational to justify this is based on future development, there are no current redevelopment plans for the Wrens. Thanks staff for thoughtful presentation. Laurie Roshak, owner at the Wren. Opposes this proposal for same reasons as previous speakers. No further comment, public comment closed. Jensen, no questions. Not supportive of this request because of height and relationship to adjacent properties is out of character. Lipnick, the massing, bulk, height of 70’ is too high. Doesn’t think it fits with the neighborhood. Hagedorn, within context of master plan not comfortable with the changes. Doesn’t see the plan in error, some verbiage talks about lower height along Gore Creek, the primary change is SDD 42. That has increased height along frontage road which we have, when SDD 42 was approved it had a 48’ height limit, for those reasons not comfortable with a change to the master plan. Smith, we’re a recommending body on the SDD. Procedurally, amending the master plan is the correct thing to do, although it may be hasn’t always been done. Given this amendment is not necessary to achieve additional height or stories, the amendment is not necessary to achieve the end objective the application is looking for. In 2008 we looked at height based on stories; we’re still having that conversation today. My vote wouldn’t necessarily matter, but there is a lot of reasons to update the master plan. Conditions have changed. You could change it, but it’s not necessary to achieve the end result that the applicant is looking for with this application. This master plan has to be updated at some point to reflect the current conditions. Rediker, looking at the three criteria; doesn’t see any error in the plan when looking at it literally. Understands the applicant’s argument when taking into consideration the scale of other buildings. We’re not looking at conditions changing throughout Town but rather around this site or immediate area. The applicant is presenting a façade that is four stories, the area of concern is the rear along Gore Creek. The height plan section on pg. 22, talks about the goal to maintain concentration of low scale buildings in core area areas larger buildings along the northern periphery. This comes down to difference in interpretation between me and applicant, applicant says you can have 5-6 story building here. What the Town is trying to achieve in the plan is putting larger components against the Frontage Road and then scaling back towards Gore Creek. Amending the plan to allow 5-6 stories on the south of that lot does conflict with that criterion. Nothing has changed, we still want a 3-4 story height along Gore Creek. Many of the comparisons used were on the Frontage Road and not Gore Creek. Planner: Greg Roy Applicant Name: Lunar Vail Land Investments, LLC represented by Ruther Associates LLC Time: 120 min. 4.2 A request for a recommendation to the Vail Town Council for the establishment of a new Special Development District, pursuant to Section 12-9(A), Special Development Districts, Vail Town Code, to allow for the development of a multi-family project, located at 442 South Frontage Road East/ Vail Village Filing 5, Tract D. (PEC25-0026) Robert N Lipnick made a motion to forward a recommendation of denial with the findings on page 9; Brad Hagedorn seconded the motion Passed (5 - 0). PEC25-0026 & PEC25-0024 Staff Memo.pdf Attachment A. Vicinity Map.pdf Attachment B. Applicant Narrative.pdf Attachment C. Lunar Park Traffic Assessment 7-17-25.pdf Attachment D. Lunar Park - EIR - 7-23-25.pdf 3 Planning and Environmental Commission Meeting Minutes of October 13, 2025 609 Timestamp 1:19:25 Planner Roy gives a presentation. He touches on the criteria. He compares the proposed development standards with existing in the area. He talks about landscaping and potential impacts to the ROW. Smith, do we believe special deed restrictions is a good idea? Anna Bengston, with the Vail Housing Department, says we would want to see more details on it, how does it meet Town housing goals? The applicant is represented by George Ruther with Ruther Associates. He talks about public comment received, they intend to make revisions between this meeting and presenting to Town Council. He talks about the plan revisions, reduction in height, reductions in bulk mass/scale, increased step back on north façade, further increase in west side setback, reduction in units and GRFA, increase in EHUs on site. Rediker, can you clarify point in regard to emergency vehicle access? Ruther, there is less room for landscaping with the emergency access requirements, the Town might want to consider amendments to landscaping requirements. Ruther talks about the SDD criteria. There are instances where some of the criteria may not be applicable or a practical solution is available. Ruther provides an analysis of the review criteria. Ruther goes through comparative height analysis with neighboring properties. Hagedorn asks if this height graphic looks at existing and finished grade measurements. Ruther says it would look different, they used existing grade for the graphic to provide a comparative analysis. There are places where VMVR is 55 feet. As a reference, the ridge height is the same, two levels are masked by grade on the sides. Hagedorn would call last story a half story, VMVR is presenting 3.5 to 4.5 stories? Ruther confirms. Ruther talks about parking and loading on the site. The building today doesn’t comply with setbacks, that will be pulled back to comply with setbacks. Ruther talks about the proposed public benefits of the project. Ron Byrne, of the applicant team, thanks PEC. They appreciate the process, there have been a lot of meetings. He has been trying to develop this property for a long time, thanks the board at Apollo Park. This is an opportunity to do something with an infill site that benefits the Town and the site. The owners have been coming here for 60 years. This project is keeping the people on the site. We have tried to be sensitive to listening to what neighbors have said. Praises Mr. Ruther, he is skilled at bringing together all the necessary components. Attachment E. PEC25-0026 Documents.pdf Attachment F. PEC25-0026 Plans Part1.pdf Attachment F. PEC25-0026 Plans Part2.pdf Attachment F. PEC25-0026 Plans Part3.pdf Attachment F. PEC25-0026 Plans Part4.pdf Attachment G. 9-8-25 PEC Results.pdf Attachment H. PEC Results 9-22-25.pdf Attachment I. Letter from Vail AIPP.pdf Attachment J. Employee Housing Plan.pdf Attachment K. Housing Department Comments.pdf Attachment L. Public Comment.pdf 4 Planning and Environmental Commission Meeting Minutes of October 13, 2025 610 Dave Zessin, Apollo Park HOA president, lets have some focus on the people that are at Apollo Park. They have been there a long time. Doing something like this is what allows us to protect our future. We’re a benefit to the local business owners, we have interval owners from other places, who are attempting to purchase after they visit us. We’re here today because people want to stay. Our buildings is aging, this is a way we can upgrade. The Town has identified it as a property to be redeveloped. We can continue this multi-generational place to stay, excited about EHUs onsite and off. Rediker, the newest iteration is eight EHUs onsite? Ruther confirms. All eight are in the north building. Conversation about Res. 34 from 2023, PEC asks what type of deed restrictions are you proposing? Ruther, it will vary. We have an expectation to provide onsite; Apollo Park also needs onsite managers. Rediker, in terms of Housing, housing affordability was brought up. How does PEC ensure affordability is achieved? Roy says it could be included in a condition. Smith asks about 100% housing requirement in the Vail Village master plan area. Ruther, outside of Sebastian not aware of other completely onsite employee housing in Vail Village. Smith, this affordability component would be novel in this instance? Ruther believes it would be new for Vail. Smith, is there any way that you could put more employee housing onsite? Ruther, it comes down to the economics of the proposal. We’re aligned to do the most we can do for affordable housing with what we have. Lipnick asks about an affordability table. Roy, that was out of the staff report for that resolution. It references that rent payments or mortgage payments should max out at 30% of monthly income. Smith discuss opportunity to collaborate with AIPP for public benefit. Smith, the Wren does not want landscaping on their site? Ruther, we had discussed opportunities with them. We proposed a shared emergency access easement along that shared property line. We haven’t heard back if there’s value to that or shared landscaping. Smith and Ruther discuss path along the south of the site. Rediker, the master plan (9-1) talks about this sub-area, including a substantial landscape buffer. Ruther, there are easements on the front of the site which impact what landscaping could be done in this area. Rediker asks about 2.3, are there going to be live/hot beds? Ruther mentions the timeshares and they have a handful of attached accommodation units. Rediker, the plans accommodate parking, etc for those people to visit? Ruther confirms. Rediker asks for public comment. 5 Planning and Environmental Commission Meeting Minutes of October 13, 2025 611 Andrew (inaudible), resident at VMVR. Doesn’t believe the neighbors have been listened to. The high densities force the massing towards Gore Creek away from the Frontage Road. The development will impact views and landscaping around VMVR. This is six stories above Gore Creek. The EIR is silent on the carbon footprint of the project. Supports staff’s recommendation of denial. Todd Mossa, GM at the Wren. We don’t have plans for redevelopment at the moment. There is a water main underneath where the trees are proposed which creates complications, we’d have to take over maintenance of a main. The access easement would require us to give up the eight feet of green space used for snow storage. Personally, applaud applicants to try and accommodate requests and feedback. While they went through effort to put eight EHUs in there, look at what went on at Altus with their units and the troubles there. Lisa Widmeir, owner at VMVR. Wants to know more about how the timeshare owners will be incorporated into the redevelopment. Eugene Kottenstette, owner in the Wren. Supports Mossa’s comments. Compliments applicants with the presentation, appreciates what they’re trying to do to get things done. Glad to see a setback of 20’ instead of five feet and contribution to the creek, glad efforts are being made for employee housing. Jay Levine, president of VMVR HOA. The mass, the scale, the height, the setbacks are not compatible with neighborhood, and the request for an SDD should be denied. Virtually everyone in the neighborhood opposes this proposal for a SDD, which asks for nearly triple the GRFA. The proposed 50 to 70 western wall creates a canyon for our existing amenities. The applicants have listened but have returned to the PEC with minimal changes. We have an alternate proposal concept, with more modest requests. We are urging the PEC to deny this request. Debra Charles, unit owner at the Wren. Opposes this proposal which is oversized. Supports a smaller development. They have been told at previous meetings that the project needs to be reduced and that hasn’t happened. The developer is requesting to almost double the number of units on the same size lot. Where does Fire Free Five come into play? PEC should require this to be reduced in scale and have the proper landscaping. Craig Carty, owner at the Wren. Endorses comments by Levine and Charles. The Wren has a lot of landscaping if you take the right type of pictures. On the west side of the Wren are conifer and aspen trees. The GRFA is well over what is allowed, that’s why they’re requesting these deviations. Hope you vote no. Caryn Clayman, owner at VMVR. It’s disingenuous that Ron Byrne makes himself out to be the savior. They keep talking negatively about the way VMVR was built and he was the developer there. We need to look at what happened in the past. This is overdevelopment, they haven’t done anything to show that they are being reasonable. Supports what has been said, does not support proposal. Michael Dardick, owner at VMVR. There has been no collaboration or negotiation to do something that works for neighborhood and city. The applicant suggested no neighbor wants this to happen; we do but in a responsible way. Why are we here with this problem of greater mass and height, it is just money for the developer. The idea that the configuration of the site is the problem is not accurate. Dan Wolfe, echoes Dardick. Scale and density does not fit, there is a lack of landscaping. Agrees with Levine and Charles, requests you do not pass this proposal. Lora Dettinger, agrees and supports denial. Arie Behar, there are criteria that need to be met for these deviations, including public benefit. When you have buildings overshadowing neighbors that is not a benefit. He is an owner at the Wren, would be impacted by proposal. Requests PEC to deny application. 6 Planning and Environmental Commission Meeting Minutes of October 13, 2025 612 David C, owner at Altus. Agrees with Levine, requests PEC to deny. Howard Willard, owner at VMVR. The PEC should deny this proposal. We favor the redevelopment of Apollo Park, if it is done the right way. Through public comment we submitted an alternate redevelopment proposal, making some appropriate changes. Willard details the changes in their alternate proposal. These measures would create a project with smaller variances in height, density, GRFA, but still greater than what the neighbors developed. Louise Todd is an Apollo Park owner since 1979. The Apollo park owners did show up today and there are owners following this every single meeting. No further comment, public comment closed. Smith, up or down this is going to go to Council. We’re a recommending body. Agrees that it fails to meet criteria 1 and 2 in conjunction with proximity to Gore Creek on the south face. The North building is acceptable. With the Wren in it’s current form, there are a lot of things that would not be built today. Smith’s primary concern is on 40% slope and the height and mass. This fails to meet criteria 6, right where it bow out and is tall is the issue. The development is following their property line, it would be beneficial to maintain the existing grade if their property line wasn’t that shape. There would be a public interest in pushing it back on the bow. It’s reasonable to assume that building won’t age as well because it is a timeshare structure. It’s commendable you have gotten this far. We have regulated ourselves out of street trees, and the expectation for landscaping doesn’t match civic and fire expectations, which is not unique to this property or a failure of the applicant. Smith, regarding housing plan, it would be inconsistent with 12-26-A, code expects actual units. That’s the letter but understands that the expectation has changed. If the Council decides to take the money, spend it as quickly as possible. Doesn’t believe the master plan policy language is intended to create a requirement for 100% onsite EHUs. The proposal for specialized EHUs is innovative but doesn’t think that policy exists, wouldn’t be appropriate as a condition. The EIR is acceptable, shared fire access with Wren would be beneficial as well as shared landscaping but not something we can impose. Exceeding density and GRFA are not insurmountable deviations, but the public benefit needs to be defined and accepted by Council. Concurs that it meets criteria 3,5,7,9. Hagedorn, as currently drawn, agrees with Smith’s take on criteria. His target has never moved, that was his comment during the work session. This needs a large public benefit commensurate with the ask, don’t believe we’re there. Talks about the history of Altus, the EHUs onsite were a benefit to counteract the ask. Currently we’re at 1:4 EHU/DU rate compared to Altus which was 1:1. Getting comfortable with north building as I said last meeting. The south buildings are still primarily an issue. There hasn’t been a big shift on height, there are one or two points that actually went up. There’s a lot of focus on the north façade of south building, but the public would see six stories on the south side of the building. In terms of what was built at VMVR, that’s an issues of enforcement, that’s not something we consider as a commission now. Disagrees with staff, doesn’t see the sunshade as anything different than Altus. On housing affordability, sees no way that that concept can be brought in, if we’re going to go down that route we need to talk changes to Title 12. If we want to make changes, let’s make it consistent, don’t think it’s appropriate here, we need to be consistent and clear, put it in Title 12. In terms of emergency access, the codes change and the plans need to change, don’t see that as mitigating for landscaping. Lipnick, looked at review criteria, the proposed mass, scale and height do not meet the criteria. The GRFA exceeds the appropriate amount of development for this site. Appreciates the Fire Department recommendations and we all have to deal with that. The first three criteria are met, but the height is not. The proposed plan is for six stories rather than four so doesn’t think the criteria are met. Jensen, thanks Smith and Hagedorn for articulate messaging. Regarding the height, unit density, GRFA, if this project was smaller the variances needed for it to come to a reality can be achieved. Given where we sit right now, agrees with staff recommendation to deny. 7 Planning and Environmental Commission Meeting Minutes of October 13, 2025 613 Rediker, looking at relationship to surrounding structures, it is clearly too big. The south building at five to six stories doesn’t mesh with the master plan and context of neighboring properties. Would have liked to see a shorter building at four stories, that step back from the creek. There is eventually going to be a much bigger building on this site than what is there. What is appropriate is going shorter towards the creek at four stories. The master plan clearly talks about stepping back from the frontage rood. The landscaping along the frontage road is about as good as you can get with the limitations there. Affordability is an issue, it’s in the master plan. Right now we don’t have anything concrete with the application for the SDD, we don’t have a proposal to ensure affordability and availability for workforce. That was a problem with Altus and we don’t want to repeat it. Commend applicants for their employee housing but needs that to be looked at the next level of review. Thanks public comment and applicant team. See item 4.2 for staff report and attachments Planner: Greg Roy 4.3 A request for review of a Conditional Use Permit amendment, pursuant to Section 12-6H-3 Conditional Uses, Vail Town Code, in accordance with Title 12, Chapter 16, Conditional Use Permits, Vail Town Code, to allow for timeshare units, located at Located at 442 South Frontage Road East/ Vail Village Filing 5, Tract D. (PEC25-0024) Applicant Name: Lunar Vail Land Investments, LLC represented by Ruther Associates LLC Time: 5 min Planner: Heather Knight Applicant Name: Ferruco Vail Ventures LLC, represented by Mauriello Planning Group Time: 45 min. 4.4 A request for a recommendation to the Vail Town Council for a zone district boundary amendment, pursuant to Section 12-3-7, Amendment, Vail Town Code, to allow for the rezoning of 16 Vail Road, Vail Village Filing 1, Lots M & O, also known as Vail Village Inn Phase IV, from the Public Accommodation (PA) Zone District to the Vaill Village Inn (VVI) Zone District. (PEC25-0032) Timestamp: 4:24:00 Planner Knight gives a presentation. She touches on the history of the area and the zoning standards. She goes through the review the criteria, staff finds it is meeting the criteria and is recommending approval. The applicant is represented by Dominic Mauriello with Mauriello Planning Group. Hagedorn, what is the motivation here? Mauriello, because of the SDD going away, we could stay in PA zoning but this district was created for this area. This district has more flexible landscaping standards built in. Robert N Lipnick made a motion to forward a recommendation of denial with the findings on page 18; Brad Hagedorn seconded the motion Passed (5 - 0). Brad Hagedorn made a motion to Table to the meeting on Nov. 10th; Robyn Smith seconded the motion Passed (5 - 0). PEC25-0032 Staff Memo.pdf Attachment A. Vail Village Filing 1 Block 5D Lots M-N-O - Sebastian - Vicinity Map.pdf Attachment B. PEC25-0032 Applicant Narrative.pdf Attachment C. PEC25-0032 Title and Existing Plans.pdf Attachment D. Ordinance No.15 Series of 2025.pdf 8 Planning and Environmental Commission Meeting Minutes of October 13, 2025 614 Jensen, how is the HOA looking at this? Mauriello, they are separate HOAs but do have some internal overlap. This will make it have consistent zoning, won’t necessarily change relationship between properties. Public comment opened, no comment, public comment closed. Smith agrees criteria are met. Hagedorn agrees conditions are met. It came down to dimensional standards, bringing setbacks in line. The height is the same, the density is a give here but density is not always a driver of mass and bulk. Good to bring in line with this zone district that was crafted for this area. Lipnick feels the criteria are met, is in favor. Jensen echoes comments, criteria and conditions are met. Rediker agrees, looking at the standards, this is non-conforming significantly, now everything will comply. Agrees with findings. Planner: Heather Knight Applicant Name: Town of Vail, represented by Matt Gennett Time: 30 min. 4.5 A request for a recommendation to the Vail Town Council for prescribed regulations amendments to Title 12, Zoning Regulations, Article 7B: Commercial Core 1 (CC1) District; Article 7C: Commercial Core 2 (CC2) Zone District; Article 7H: Lionshead Mixed Use 1 (LMU-1) Zone District; and, Article 7I: Lionshead Mixed Use 2 (LMU-2) Zone District, pursuant to Section 12-3-7, Amendments, Vail Town Code, to add language regarding conversions of existing eating and drinking establishments. (PEC25-0034) Planner: Matt Gennett Applicant Name: Red Lion Building, LLC represented by George Ruther of Ruther Associates LLC Time: 30 min. 4.6 A request for a recommendation to the Vail Town Council, pursuant to Section 3-2-6A, Function, Vail Town Code, to add a subarea site specific section and associated language for the Red Lion Building to the Vail Village Master Plan (PEC-25-0029) Timestamp: 4:41:50 Community Development Director Matt Gennett gives a presentation. He touches on the proposal and the relevant Town plans. He walks through the review criteria; staff finds it meets the criteria and is recommending the commission forward a recommendation of approval. Brad Hagedorn made a motion to Recommend for approval with the findings on page 12; Robyn Smith seconded the motion Passed (5 - 0). PEC25-0034_Staff_Memo.pdf PEC25-0034 Attachment A.pdf Brad Hagedorn made a motion to Table to the meeting on Oct. 27th; Robyn Smith seconded the motion Passed (4 - 0). PEC25-0029 Staff Memo.pdf 101325 Vail Village Master Plan Amendment - Red Lion Building.pdf 9 Planning and Environmental Commission Meeting Minutes of October 13, 2025 615 The applicant is represented by George Ruther with Ruther Associates. Ruther gives a presentation. Scott Redner owns the Shakedown bar. Their business continues to grow, they have been interested in expanding. Talks about the opportunities for expanding music shows and food options. Rediker doesn’t disagree with the goals here. References the proposed language about the Town collaborating with the Red Lion to allow patios to expand into the right of way. Concerned about getting so specific about addressing one specific property in a master plan. Why is this language here? Ruther, it is should not shall, this is an advisory document not a regulatory document. The though is that if this is about maintaining vibrancy, maybe the Town should participate as well with the resources it has. Gennett talks about the existing outdoor patio on the western elevation of the Red Lion. Rediker talks about some of the pedestrian traffic challenges in this area. Wants to be careful about mandatory language in here especially for one specific property. The expansion should be explored or considered, Gennett and Rediker discuss possible changes such as the expansion should be explored or considered. Smith, does outdoor patios count towards no-net loss commercial? Gennett say no. Rod Littlefelder, representing the ownership group of Red Lion restaurant. Commends PEC on the work you do. He has received a lot of public input that Vail would not be Vail without the Red Lion. It is the longest running business establishment in Vail. The building needs redevelopment, but whatever you do, do not let the Red Lion leave street level. Dana Tang, owns two residential units in Red Lion, they have been in Vail village since 1970. Agree that Vail should have dining and entertainment and nightlife in the village and supports that, but a master plan should include all aspects of planning for the village. The master plan should plan for a copacetic and happy relationship between commercial and residential. It’s a little bit short-sighted and limited to have writing all about vibrancy and not how it will be created for the Town and residential. The idea that you would say maintain the outdoor dining, we should think for the future, the existing is not very well maintained or managed. We should ask that the commercial redevelopment address those kind of issues. The master plan should clearly have language that deals with trash management. There should be some verbiage about how noise is handled. This is promoting an incentive for the commercial, but understand this is also a burden on the residential in the building. Rediker, what is the creation of economic land use incentives in the language? Ruther it is should versus shall. In this case, maybe the incentive is a change in review process, waiver of fees, parking requirement, etc.. Jensen says Dana Tang had some well presented comments. We’re looking at one document, but how does that play into other pieces? The Red Lion has been there a longtime, he is supportive of vibrancy commitment, but would encourage balancing that with residential component. Lipnick, no comments. Hagedorn, in general in favor, hesitant of no-net loss but that’s another item. Understands public comments, we have separate sections of code that address many of those concerns, the master plan is not the place to address those, this doesn’t change residential rights. Smith, appreciates using master plan for what we want to achieve in this area. Scary to imagine change but agrees Vail should be vibrant and cool and keep it going for the next generation. Supports common consumption area and entertainment district in the area. Appreciates incentives alluded to in the master 10 Planning and Environmental Commission Meeting Minutes of October 13, 2025 616 plan. Rediker, wonders why this is necessary. He is not comfortable with “Town should explore, to be successful…”Not sure about “exploring the creation of incentives” Agrees with the importance of the commercial spaces in this building, but if we’re looking at 3.9 made some suggestions about the language. Ruther, the town passed an emergency ordinance, the Red Lion had an active application. We’re trying to break the logjam so the building can move forward and achieve what they both want. Rediker wants to soften language, don’t want people to think anything is mandatory. 5.Approval of Minutes 5.1 9-22-2025 PEC Meeting Minutes 6.Information Update 7.Adjournment Robyn Smith made a motion to forward a recommendation of approval with the findings on pg. 6 & 7; Brad Hagedorn seconded the motion Failed (2 - 2). Voting For: Brad Hagedorn, Robyn Smith Voting Against: John Rediker, William A Jensen John Rediker made a motion to forward a recommendation of approval striking the three sentences discussed and proposing additional language, including the findings on page 6 & 7; William A Jensen seconded the motion Passed (4 - 0). 092225 PEC Minutes.pdf Robyn Smith made a motion to Approve ; Brad Hagedorn seconded the motion Passed (4 - 0). Robyn Smith made a motion to Adjourn ; Brad Hagedorn seconded the motion Passed (4 - 0). 11 Planning and Environmental Commission Meeting Minutes of October 13, 2025 617 STAFF PRESENTATION Heather Knight, Planner II PEC25-0032 Zone District Boundary Amendment 16 Vail Road - Sebastian 618 Vicinity Map Town of Vail | PEC25-0032 | vailgov.com 619 Description of Request Town of Vail | PEC25-0032 | vailgov.com •The proposed zoning would replace the current Public Accommodation (PA) zoning. In the past, this site developed through a combination of the existing PA zoning and Special Development District No. 6. •Special Development District No. 6 was invalidated through a court order in 2022, rendering the properties developed under those standards as illegal non- conforming. •There are five (5) phases of SDD No.6 and the subject property of this application, the Sebastian Hotel, is Phase IV. •Phases 1,2 & 3 were recently rezoned to VVI zone district 620 Zoning Standards Town of Vail | PEC25-0032 | vailgov.com 621 Current & Permitted Uses Town of Vail | PEC25-0032 | vailgov.com Under VVI, commercial space is not limited 622 13-7-7 Specifically Town of Vail | PEC25-0032 | vailgov.com 13-7-7 CONDOMINIUM CONVERSION OF LODGE OR ACCOMMODATION UNITS; NO NEW CONVERSIONS ALLOWED; EXCEPTION. There shall not be permitted any conversion of a lodge or accommodation unit within the town to a condominium, except as provided for the provision of employee housing units. Employee housing units created pursuant to this chapter are subject to the definitions, requirements and provisions of Title 12, Chapters 13 and 16 of this code, as amended. 623 Criteria for Review Town of Vail | PEC25-0032 | vailgov.com 1.The extent to which the zone district amendment is consistent with all the applicable elements of the adopted goals, objectives and policies outlined in the Vail comprehensive plan and is compatible with the development objectives of the town. 2.The extent to which the zone district amendment is suitable with the existing and potential land uses on the site and existing and potential surrounding land uses as set out in the town's adopted planning documents. 3.The extent to which the zone district amendment presents a harmonious, convenient, workable relationship among land uses consistent with municipal development objectives. 4.The extent to which the zone district amendment provides for the growth of an orderly viable community and does not constitute spot zoning as the amendment serves the best interests of the community as a whole. 5.The extent to which the zone district amendment results in adverse or beneficial impacts on the natural environment, including, but not limited to, water quality, air quality, noise, vegetation, riparian corridors, hillsides and other desirable natural features. 6.The extent to which the zone district amendment is consistent with the purpose statement of the proposed zone district. 7.The extent to which the zone district amendment demonstrates how conditions have changed since the zoning designation of the subject property was adopted and is no longer appropriate. 624 Key Points Town of Vail | PEC25-0032 | vailgov.com •The VVI district allows for more commercial development, which is a goal in multiple planning documents including the Vail Village Master Plan and the Land Use plan. Land Use plan goal 3.4 states: “3.4 Commercial growth should be concentrated in existing commercial areas to accommodate both local and visitor needs.” •Phases 1-3 of the Vail Village Inn Plaza located just east of the subject site were also recently rezoned to the new VVI zone district – there is consistency in zoning of adjacent properties. •The Comprehensive Plan also looks to increase the commercial development in the area. Under the VVI zone district, there will be no limit to commercial uses on the basement or ground floor – thus activating the pedestrian level. •“The Vail Village Inn District is intended to provide sites for general shopping and commercial facilities serving the town, together with multiple-family dwelling and lodge and accommodation uses as may be appropriate. The District is intended to ensure adequate light, air, open space and other amenities appropriate to permitted types of buildings and uses, and to maintain a convenient pedestrian environment for permitted commercial uses.” 625 Thank you 626 November 4, 2025 The Sebastian Rezoning Town Council 627 Introduction Greg Spencer Chief Executive Officer 
Timbers Resorts Lori Miller Director of Asset Management 
Timbers Resorts Dominic Mauriello Founder
Mauriello Planning Group 628 PEC Recommendation •PEC voted unanimously to recommend approval of rezoning on October 13, 2025 629 Background Vail Village Inn •Town’s legal counsel’s opinion is that the courts have rendered the Vail Village Inn SDD invalid ‣The Sebastian is currently zoned Public Accommodation (PA) •Rezoning will eliminate any ambiguity with respect to the status of the zoning on the property •One of the longer term goals of the Town has been to eliminate the need for SDDs •This application will help promote that goal 630 Vail Village Inn Zone District •Town Council approved Ord. No. 15, 2025, creating new zone district: Vail Village Inn (VVI) Zone District •Phases 1-3 of the Village Inn Plaza were rezoned to this new created zone district •The Sebastian Hotel (Phase IV) of Vail Village Inn is requesting to also be included in new zone district. Background Phase 4 Sebas*an: Proposed to be Zoned VVI Phase 5: Zoned PA Phase 1-2: Zoned VVI Phase 3: Zoned VVI 631 The Sebastian 632 The Sebastian: USES Use Level Permitted Conditional Accommodation Units (Hotel)All levels X Eating and Drinking Establishments 1st 2nd X X Fractional Fee Units 2nd and above X Employee Housing Units 2nd and above X Multiple Family Residential 2nd and above X Retail 1st X Conference 1st and basement X Spa Basement/garden X Accessory (ski valet, fitness, pool, parking)All levels 633 The Sebastian: USES •Vail Village Inn zone district allows The Sebastian to be a CONFORMING USE •Rezoning to VVI zone district will allow all of the existing uses within the building •Any existing use on the property that requires a conditional use shall be allowed to continue but any future expansion of such a use will require approval of a conditional use permit 634 Standard Existing VVI District Compliance Total Lot Area 63,902.52 sq. ft.No Change yes Minimum Lot Area n/a 10,000 sq. ft.yes Setbacks Varies from 0 ft. to 10 ft.10’ except as DRB or PEC may reduce yes, per prior relief given Height 77.25 ft 99.75 ft (tower) As existing or 45 ft. flat/48 ft. sloping (nonconforming allowed to continue)yes Density - Dwellings 2 DUs 49 FFU 100 AU 18 Type III EHUs (38 beds) No restriction on number of dwelling units, employee housing units, fractional fee units, or accommodation units yes GRFA 104,615 sq. ft. Per 2013 PEC memo 165% of lot area or 105,439.15 sq. ft.yes Commercial Floor Area 9,456 sq. ft. total 4,789 sq. ft. F&B 4,667 sq. ft. spa Unlimited yes Conference and Meeting Rooms 12,534 sq. ft.Unlimited yes Site Coverage 64.7% or 41,400 sq. ft. per plat 60% of lot area (nonconforming allowed to continue) below grade excepted yes, per nonconformity Landscaping < 30% Per the approved plans 30% unless less landscape area approved by PEC or DRB yes, per prior relief given Parking as exists Per code, added to parking pay in lieu yes Loading as exists No reduction in loading facilities yes The Sebastian: DEVELOPMENT STANDARDS 635 The Sebastian: DEVELOPMENT STANDARDS •The Sebastian Hotel as constructed today exceeds or is deficient with many of Public Accommodation zone district development standards including commercial floor area, site coverage, landscape area, and building height ➡All deviations allowed under the Special Development District •VVI zone district allows The Sebastian Hotel to comply with development standards based on improved development standards and nonconforming standards specifically tailored to this zone district ➡Only exception is site coverage (remains nonconforming under VVI) 636 Zone District Boundary Amendment Criteria For Review Applicant Submittal Staff Finding The extent to which the zone district amendment is consistent with all the applicable elements of the adopted goals, objectives and policies outlined in the Vail comprehensive plan and is compatible with the development objectives of the town Complies Complies The extent to which the zone district amendment is suitable with the existing and potential land uses on the site and existing and potential surrounding land uses as set out in the town's adopted planning documents Complies Complies The extent to which the zone district amendment presents a harmonious, convenient, workable relationship among land uses consistent with municipal development objectives Complies Complies The extent to which the zone district amendment provides for the growth of an orderly viable community and does not constitute spot zoning as the amendment serves the best interests of the community as a whole Complies Complies The extent to which the zone district amendment results in adverse or beneficial impacts on the natural environment, including, but not limited to, water quality, air quality, noise, vegetation, riparian corridors, hillsides and other desirable natural features Complies Complies The extent to which the zone district amendment is consistent with the purpose statement of the proposed zone district Complies Complies The extent to which the zone district amendment demonstrates how conditions have changed since the zoning designation of the subject property was adopted and is no longer appropriate Complies Complies 637 Summary •Staff recommends approval of the proposed rezoning •With this rezoning, only Phase V remains zoned Public Accommodation (based on the invalidation of the SDD) •Rezoning to VVI zone district will allow The Sebastian to be in conformance with all allowable uses and all development standards (with exception of site coverage) •Rezoning is consistent with the criteria for review for a Zone District Boundary Amendment 638 Thank You 639 AGENDA ITEM NO. 7.6 Item Cover Page DATE:November 18, 2025 TIME:5 min. SUBMITTED BY:Stephanie Bibbens, Community Development ITEM TYPE:Action Items AGENDA SECTION:Public Hearings (6:20pm) SUBJECT:Ordinance No. 30, Series of 2025, Second Reading, An Ordinance Repealing Ordinance No. 13, Series of 2025, to Lift the Temporary Suspension on the Acceptance and Processing of Applications, the Scheduling of Public Hearings and the Issuance of Building Permits related to the Conversion of Eating and Drinking Establishments to any other Permitted or Conditional Use in the SBR, SBR-2, CC-1, LMU-1, LMU-2 and PA Zone Districts (7:10pm) SUGGESTED ACTION:Approve, approve with amendments, or deny Ordinance No. 30, Series of 2025 upon second reading. PRESENTER(S):Matt Gennett, Community Development Director VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: Restaurant Conversion Stay Lift-O103025_mg.docx Public Comment.pdf 640 ORDINANCE NO. 30 SERIES 2025 AN ORDINANCE REPEALING ORDINANCE NO. 13, SERIES 2025, TO LIFT THE TEMPORARY SUSPENSION ON THE ACCEPTANCE AND PROCESSING OF APPLICATIONS, THE SCHEDULING OF PUBLIC HEARINGS AND THE ISSUANCE OF BUILDING PERMITS RELATED TO THE CONVERSION OF EATING AND DRINKING ESTABLISHMENTS TO ANY OTHER PERMITTED OR CONDITIONAL USE IN THE SBR, SBR-2, CC-1, CC-2, LMU-1, LMU-2, AND PA ZONE DISTRICTS WHEREAS, on June 3, 2025, the Town Council adopted Ordinance No. 13, Series 2025, which imposed a temporary suspension on the acceptance and processing of applications and the scheduling of public hearings related to the conversion of eating and drinking establishments to any other permitted or conditional use in the zone districts cited herein to allow the Town Council to consider amendments to the Vail Town Code in furtherance of the Master Plans and related goals of supporting nightlife and maintaining vibrancy in the Town. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. Ordinance No. 13, Series 2025, is hereby repealed in its entirety. Section 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 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 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 and the inhabitants thereof. Section 4. 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 here in. Section 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. 641 2 INTRODUCED, READ ON FIRST READING, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON FIRST READING this 4th day of November, 2025 and a public hearing for second reading of this Ordinance set for the 18th day of November, 2025, in the Council Chambers of the Vail Municipal Building, Vail, Colorado. _____________________________ Travis Coggin, Mayor ATTEST: ____________________________ Stephanie Kauffman, Town Clerk READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED this 18th day of November, 2025. _____________________________ Travis Coggin, Mayor ATTEST: ____________________________ Stephanie Kauffman, Town Clerk 642 From:George Ruther To:Council Dist List Cc:Matt Gennett; Jeff Selby; Charlie Selby Subject:Ordinance Nos. 27 and 30, Series of 2025 Date:Monday, November 17, 2025 10:48:18 AM Good Morning - I am writing on behalf of my clients, Jeff and Charlie Selby, owners of commercial spaces C-1 through C-7 within the Red Lion Building, to express their support for the passage of Ordinance Nos. 27 and 30, Series of 2025, on second reading. These two ordinances, plus the recent passage of Resolution No. 52, ensure that no net loss of existing eating and drinking establishment square footage will occur as a result of the pending renovation of the commercial spaces within the Red Lion Building. As you may be aware, the Red Lion Building renovation development application is on the agenda of the PEC on December 8. We are eager to begin the renovation in the early spring of 2026 in full accordance with the Town's updated policies. I appreciate your consideration. George Ruther, AICP Principal Ruther Associates LLC C (970) 376-2675 george@rutherassociates.com P.O. Box 6516, Vail, CO 81658 643