Loading...
HomeMy WebLinkAbout2025-12-2 Agenda and Supporting Documentation Town Council Afternoon Meeting1.Call to Order (4:30pm) 2.Swearing in New Council Members (4:30pm) 2.1 Swearing in New Council Members (5 min.) 3.Appointment of Mayor and Mayor Pro Tem (4:35pm) (5 min.) Per Vail Town Charter Section 3.3-3.4, the members will select the Mayor and Mayor Pro Tem by motion, as follows: "I move _____________ to be elected as Mayor of the Town of Vail for a two year term, which ends at the organizational meeting held after the regular municipal election in November 2027." The motion will require a second and a vote of all members of council. Selection of the Mayor Pro Tem requires the same formal action by motion and approval of Council. 4.DRB/PEC (4:40pm) 4.1 DRB/PEC Update (5 min.) 5.Information Update (4:45pm) 5.1 November 2025 Revenue Update 6.Matters from Mayor, Council, Town Manager and Committee Reports (4:45pm) 6.1 Matters from Mayor, Council and Committee (15 min.) 6.2 Town Manager Report (5 min.) 6.3 Council Matters and Status Report 7.Executive Session (5:05pm) (30 min.) Executive Session pursuant to: C.R.S. § 24-6-402(4)(b) to hold a conference with the Town Attorney, to receive legal advice on specific legal questions; and C.R.S. § 24-6-402(4)(e) to determine positions relative to matters that may be subject to negotiations, develop a strategy for negotiations and instruct VAIL TOWN COUNCIL MEETING Afternoon Session Agenda Vail Town Council Chambers and virtually by Zoom. Zoom meeting link: https://vail.zoom.us/webinar/register/WN_oyw9y1kxSw-J5pQI37bJBA 4:30 PM, December 2, 2025 Notes: Times of items are approximate, subject to change, and cannot be relied upon to determine what time Council will consider an item. DRB Results 11-19-25.pdf PEC Results 11-24-25.pdf 251202 Town of Vail Revenue Update.pdf TM Update 120225.docx 251202 Matters.docx Future Topics.docx 1 negotiators on the topic of: 1. Operating Agreement between the Town of Vail and Vail Park and Recreation District for Dobson Arena; and 2. Vail Beauty Corp dba La Vail Boutique and Reservalife vs. Town of Vail Case No.1:19-cv-02790-CMA-GPG 8.Recess 5:35pm (estimate) 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. 2 AGENDA ITEM NO. 2.1 Item Cover Page DATE:December 2, 2025 SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Main Agenda AGENDA SECTION:Swearing in New Council Members (4:30pm) SUBJECT:Swearing in New Council Members (5 min.) SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 3 AGENDA ITEM NO. 4.1 Item Cover Page DATE:December 2, 2025 SUBMITTED BY:Greg Roy, Community Development ITEM TYPE:DRB/PEC Update AGENDA SECTION:DRB/PEC (4:40pm) SUBJECT:DRB/PEC Update (5 min.) SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: DRB Results 11-19-25.pdf PEC Results 11-24-25.pdf 4 Design Review Board Minutes Wednesday, November 19, 2025 2:00 PM Vail Town Council Chambers Present: Roland J Kjesbo Kit Austin Mary Egan Absent: Anthony J Grandt Herbert B Roth 1. Virtual Meeting Link Register to attend Design Review Board Meetings. Once registered, you will receive a confirmation email containing information about joining this webinar. 2. Call to Order 3. Main Agenda 3.1 DRB25 -0191 - 303 Gore Creek Drive 2A, 2B, 2D Final review of an addition Address/ Legal Description: 303 Gore Creek Drive 2A, 2B, 2D/Lot 1-6, Block 5, Vail Village Filing 1 Planner: Heather Knight Applicant Name: 303 Gore Creek Drive Inc Televisa Estudios & 303 Gore Creek Drive Inc & Richard K. Parker Revocable Trust, represented by KH Webb Architects 303GoreCreek_Plans1.pdf 303GoreCreek_Plans2.pdf Roland J Kjesbo made a motion to Approve with the findings it meets 14-10-3, 14-10-4, 14-10-5; Mary Egan seconded the motion Passed (3 - 0). 3.2 DRB25-0044 - 1707 Geneva Drive II LLC Final review of new construction Address/ Legal Description: 1707 Geneva Drive A/Lot 3, Matterhorn Village Filing 1 Planner: Heather Knight Applicant Name: 1707 Geneva Drive II LLC, represented by John G Martin Architects 1707Geneva_PlanSet.pdf Roland J Kjesbo made a motion to Approve with the findings it meets 14-10-3, 14-10-4, 14-10-5 ; Kit Austin seconded the motion Passed (2 - 1). Voting For: Kit Austin, Roland J Kjesbo Voting Against: Mary Egan 3.3 DRB25-0430 - Potato Patch Condos Final review of a conceptual review (stucco, railing, roof) Address/ Legal Description: 770 Potato Patch Drive/Lot 6, Block 2, Vail Potato Patch Filing 1 Planner: Heather Knight Applicant Name: Potato Patch Condos, represented by Pierce Austin Architects Design Review Board Meeting Minutes of November 19, 2025 1 5 770PotatoPatch_conceptual.pdf Conceptual only. No action taken. 4. Staff Approvals 4.1 DRB25-0066 - Baggaley Residence Final review of an exterior alteration (deck) Address/ Legal Description: 4352 Spruce Way 5, Lot 9, Block 3, Bighorn Subdvision 3rd Addition Planner: Heather Knight Applicant Name: Jason & Jacqui Baggaley 4.2 DRB25-0299 - Sorem Properties LLC Final review of an addition Address/ Legal Description: 400 Vail Valley Drive 1/Tract B, Vail Village Filing 1 Planner: Heather Knight Applicant Name: Sorem Properties LLC, represented by Pierce Austin Architects 4.3 DRB25-0320 - First Chair Housing Trustee Final review of an exterior alteration (walkway) Address/ Legal Description: 600 West Lionshead Circle/Lot 1, Block 1, Vail Lionshead Filing 3 Planner: Cole Michaelsen Applicant Name: First Chair Housing Trustee LLC, represented by Carrilo Builders 4.4 DRB25-0327 - Smith Residence Final review of an exterior alteration (doors) Address/ Legal Description: 2448 Garmisch Drive 8/Lot 4 & 5, Block G, Vail Das Schone Filing 2 Planner: Greg Roy Applicant Name: Thomas Smith, represented by Lifetime Windows and Siding 4.5 DRB25-0336 - Verdant LLC Final review of an exterior alteration (windows) Address/ Legal Description: 3910 Fall Line Drive 17/Lot 17, Pitkin Creek Townhomes Planner: Heather Knight Applicant Name: Verdant LLC, represented by Renewal by Andersen 4.6 DRB25-0354 - Ludwig Residence Final review of an exterior alteration (deck) Address/ Legal Description: 2773 Kinnikinnick Road 2D/Lot 4, Block 4, Vail Intermountain Development Subdivision Planner: Jamie Leaman-Miller Applicant Name: Thomas & Lisa Ludwig, reprsented Studio Spinnato 4.7 DRB25-0384 - Zuma Restaurant Final review of a sign application Address/ Legal Description: 16 Vail Road/Lot M & O, Block 5D, Vail Village Filing 1 Planner: Heather Knight Design Review Board Meeting Minutes of November 19, 2025 2 6 Applicant Name: Zuma Restaurant, represented by Semple Brown Design 4.8 DRB25-0395 - Netzorg/Rana Residence Final review of a tree removal Address/ Legal Description: 4256 Columbine Drive/Lot 20-4, Bighorn Subdivision Planner: Jamie Leaman-Miller Applicant Name: Judi Rana & Gordon & Jane Netzorg, represented by Nedbo Construction 4.9 DRB25-0398 - Faherty Final review of a sign application Address/ Legal Description: 122 East Meadow Drive/Tract C, Block 5E, Vail Village Filing 1 Planner: Heather Knight Applicant Name: Faherty, represented by Roaring Fork Sign and Lighting Company 4.10 DRB25-0410 - Creekside Condos Final review of an exterior alteration (roof) Address/ Legal Description: 223 Gore Creek Drive/Lot A, Block 5B, Vail Village Filing 1 Planner: Jamie Leaman-Miller Applicant Name: Creekside Condos, represented by The Reynolds Corporation 4.11 DRB25-0413 - Vail East Townhouses Final review of an exterior alteration (windows) Address/ Legal Description: 5020 Main Gore Place 14/Vail East Townhomes and Condominiums Planner: Cole Michaelsen Applicant Name: Gregory Diven 4.12 DRB25-0415 - Steinert Residence Final review of an exterior alteration (deck) Address/ Legal Description: 141 West Meadow Drive 5/Lot D2, Vail Village Filing 2 Planner: Heather Knight Applicant Name: Mella Wheatley 4.13 DRB25-0420 - Distelhorst Residence Final review of an exterior alteration (HVAC) Address/ Legal Description: 4592 Streamside Circle East/Lot 2, Distelhorst Subdivision Planner: Cole Michaelsen Applicant Name: Frederick W Distelhorst Revocable Trust, represented by Streamside Healing Arts 4.14 DRB25-0421 - Weihaupt Residence Final review of an exterior alteration (windows) Address/ Legal Description: 945 Red Sandstone Road C1/Lot B7. Block B, Lion's Ridge Subdivision Filing 1 Planner: Greg Roy Applicant Name: Juile Weihaupt 4.15 DRB25-0426 - Guerrero Residence Final review of an exterior alteration (window) Design Review Board Meeting Minutes of November 19, 2025 3 7 Address/ Legal Description: 1116 Sandstone Drive 301/Lot A5, Block A, Lion's Ridge Subdivision Filing 1 Planner: Cole Michaelsen Applicant Name: Patricia Guerrero, represented by Renewal by Andersen 4.16 DRB25-0429 - Capranea Final review of a sign application Address/ Legal Description: 281 Bridge Street/Lot D & E, Block 5C, Vail Village Filing 1 Planner: Cole Michaelsen Applicant Name: Capranea, represented by Roaring Fork Sign and Lighting Company 5. Staff Denials 6. Adjournment Roland J Kjesbo made a motion to Adjourn ; Mary Egan seconded the motion Passed (3 - 0). Design Review Board Meeting Minutes of November 19, 2025 4 8 Planning and Environmental Commission Minutes Monday, November 24, 2025 1:00 PM Vail Town Council Chambers Present: Brad Hagedorn Margaret H Brown John Rediker William A Jensen Absent: Robert N Lipnick David N Tucker Craig H Lintner Jr 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. Main Agenda 3.1 A request for the review of a Conditional Use Permit, pursuant to Section 12-7B-3, Permitted and Conditional Uses, First Floor or Street Level, Vail Town Code, to allow for an outdoor patio at the Sitzmark Lodge, pursuant to Section 12-16, Conditional Use Permits, Vail Town Code located at 183 Gore Creek Drive, Vail Village Filing 1, Block 5- B, part of Lot A. (PEC25-0037) Planner: Heather Knight Applicant Name: LCPK Vail Owner LLC, represented by Steve Kisielica Time: 30 Min PEC25-0037 Sitzmark Staff Memo.pdf Attachment A. Vicinity Map - Sitzmark CUP.pdf Attachment B. Applicant narrative and documents.pdf Hagedorn recused. Planner Knight gives a presentation. Knight and Rediker discuss revocable ROW permits. Knight talks about the conditional use setups. She talks about the review criteria, staff is recommending approval with conditions. Rediker confirms it is temporary fire pits. Rediker and staff discuss the operation of Checkpoint Charlie. Jensen asks about the use of the parking spaces? Knight believes there are three spots for full-time parking while two spots by the entry are for loading and unloading. Knight talks about the anticipated operation in the case of special events. Planning and Environmental Commission Meeting Minutes of November 24, 2025 1 9 Hanlon confirms with Knight that this proposal will eliminate tandem parking completely. Steve Kisielica represents the applicant. He gives a presentation, talks about the proposed use and the intent to create an amenity in this location. Kisielica talks about the operation of Checkpoint Charlie. Rediker asks about the loading and unloading. Kisielica says it will move based on the conditional use option. Hanlon, when full patio is in use, where do you envision loading and unloading for check-in? Kisielica, they would love to have this happen more often, but logistically it’s a challenge. They inform guests of the situation in advance. What they currently do during closures is meet them on Willow Rd or Willow Place – that is a handful of days a year. Rediker and K discuss the existing garage, it holds about 20 vehicles. We have to communicate well with the guests in advance. Rediker asks about the temporary firepits. Kisielica, they are propane and easily movable. Rediker asks for public comment. Jensen is supportive of request. Hanlon agrees, appreciates work that has gone into it and this is a highly complicated area, there are thoughtful provisions. Rediker agrees. Agrees with Staff that the criteria are met. Criteria 3 was tricky simply because of where it is, clearly what has been established today is that the TOV and Sitzmark have been working together over the years to alleviate those concerns that we would have in this area. This CUP and new parking configuration are an improvement and adding some outdoor vibrancy. Margaret H Brown made a motion to Approve with the findings on pg. 9 & 10 of the staff memo; the conditions on pg. 9 of the memo with the addition of the phrase "permitting fire pits"; William A Jensen seconded the motion Passed (3 - 0). 3.2 A request for a recommendation to the Vail Town Council, pursuant to Section 3-2-6G Function, Vail Town Code, for approval of the Vail Golf Club Gore Creek Enhancement Plan as an addition to the Gore Creek Strategic Action Plan. (PEC25-0036) Planner: Cole Michaelsen Applicant Name: Vail Golf Club. represented by Town of Vail Time: 45 Min PEC25-0036 Staff memo Nov 24, 2025 .pdf Attachment A. Vail Golf Club Gore Creek Enhancement Plan.pdf Attachment B. Vail Golf Club Gore Creek Enhancement Plan - Track Changes.pdf Attachment C. Applicant Narrative.pdf Attachment D. Gore Creek Strategic Action Plan.pdf Attachment E. Golf Club Open House Public Comments.pdf Planning and Environmental Commission Meeting Minutes of November 24, 2025 2 10 Attachment F. Golf Club Plan Maps.pdf Attachment G. Maps.pdf Attachment H. Appendices.pdf Hagedorn recused. Planner Michaelsen gives a presentation. He walks through the review criteria, Staff is recommending approval. Pete Wadden with Town of Vail is representing the applicant. He talks about the changes since the last meeting. Wadden walks through the goals of the plan. He walks through the major proposed changes and tree removals. Rediker asks about sand being deposited in Gore Creek that is not working its way out through natural processes. Wadden says that is a challenge. Rediker, are there concerns with point sources of solution from the frontage road? Wadden, confirms because of stormwater runoff. Hanlon appreciates all the work that has gone into this and the collaboration with the VRD. Rediker asks for public comment. Jensen thinks these environmental initiatives to enhance Gore Creek are critical, but also realize that through those efforts there will be changes that he views as beneficial to the users and play of the golf course. Place priority on environmental health of Gore Creek. Hanlon inclines to support this, shares Jensen sensitivity to the discomfort that Golf Course may experience, everyone involved has made an effort to address that. A live and healthy creek as the centerpiece is important, appreciates the work. Rediker, it’s taken a lot of efforts to help enhance Gore Creek, we’re actually seeing good results. This is another part of it. This process was collaborative, VRD was involved, the major stakeholders are very supportive of it. The criteria are met. John Rediker made a motion to Approve with the findings on pg. 10 & 11 of the staff memo; seconded the motion Passed (3 - 0). 4. Approval of Minutes 4.1 PEC Minutes 11-10-25 PEC Results 11-10-25.pdf Hanlon makes the correction she abstained on the vote for the minutes from Oct. 27. Rediker notes the discussion for Item 5.1 was listed incorrectly, and that text should only have been for Item 6.1. Rediker stresses the importance of detailed minutes. William A Jensen made a motion to Approve with the two amendments as discussed; Margaret H Brown seconded the motion Passed (3 - 0). 5. Information Update 6. Adjournment William A Jensen made a motion to Adjourn ; Margaret H Brown seconded the motion Passed (3 Planning and Environmental Commission Meeting Minutes of November 24, 2025 3 11 - 0). Planning and Environmental Commission Meeting Minutes of November 24, 2025 4 12 AGENDA ITEM NO. 5.1 Item Cover Page DATE:December 2, 2025 SUBMITTED BY:Jake Shipe ITEM TYPE:Information Update AGENDA SECTION:Information Update (4:45pm) SUBJECT:November 2025 Revenue Update SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 251202 Town of Vail Revenue Update.pdf 13 1 TOWN OF VAIL REVENUE UPDATE December 2, 2025 4.0% General Sales Tax Upon receipt of all sales tax returns, October 2025 collections are estimated to be $1,822,862, up 4.0% from 2024 and up 4.0% from the budget. 2025 YTD collections of $35,598,680 are up 3.1% from 2024 and up 3.4% from the budget. Inflation as measured by the consumer price index was up 3.0% for the 12-months ending September 2025. CPI was not reported for October 2025 due to the recent government shutdown. The annual budget totals $42.1 million. 0.5% Housing Fund Sales Tax Upon receipt of all sales tax returns, October 2025 collections of the 0.5% housing sales tax are estimated to be $219,129, up 4.2% from 2024 and up 1.0% from the budget. 2025 YTD collections of $4,318,903 are up 3.1% from 2024 and up 1.4% from the budget. The annual budget for the housing fund sales tax totals $5.2 million. Real Estate Transfer Tax (RETT) RETT collections through November 24 total $8,722,436, up 6.7% from 2024. The number of property sales (excluding time-shares) is tracking up 2.3% from 2024, while the average collection amount is up 4.5%. The proposed amended budget for RETT collections totals $8.9 million for 2025. Construction Use Tax Use Tax collections through November 24 total $2,273,401 compared to $2,821,327 in 2024. The budget totals $2.5 million for 2025. Lift Tax Lift tax collections through October 2025 total $5,504,043, up 2.0% or $106,877 from October 2024. The budget totals $6,915,427. Winter Parking Pass Sales Winter parking pass sales for the 2025 – 2026 season through November 24th total approximately $963,270 (through November 24th). This compares to approximately $950,030 at this time last year. The increase in collections from the prior year is due to the pass price increases implemented for Winter 2025-2026. If prices not been increased, collections would have been slightly down from the prior year. The total budget for Winter parking pass sales is $1,240,000. The number of passes sold by type is included in the chart on the following page: 14 2 Summary Across all funds and excluding one-time grants and reimbursements, year-to-date total revenue of $86.9 million is up 2.8% from the proposed amended budget and is flat with the prior year. Compared to the prior year, real estate transfer tax, sales tax, and parking fee collections have increased, while interest earnings and use tax collections have decreased. Pass Type 2025 - 2026 Pass Sales 2024 – 2025 Pass Sales Increase / (Decrease) from Prior Year Premier 18 18 - Vail Village Business Premier 56 65 (6) Lionshead Business Premier 4 7 (3) Employee 355 378 (23) Employee Plus 245 239 6 Local 2,063 1,917 146 Total 2,741 2,621 120 15 2025 Budget % change % change 2020 2021 2022 2023 2024 Budget Variance from 2024 from Budget January 4,076,145$ 3,422,209$ 5,217,125$ 5,911,572$ 5,805,199$ 5,791,927$ 5,966,481$ 174,554$ 2.78% 3.01% February 4,285,633 3,691,850 5,686,585 6,041,108 6,080,349 6,063,693 6,299,821 236,128 3.61% 3.89% March 2,243,518 4,364,797 5,912,059 6,055,992 6,412,535 6,162,148 6,253,020 90,872 -2.49% 1.47% April 427,518 1,751,528 2,234,296 2,264,892 1,842,893 2,082,859 2,192,604 109,745 18.98% 5.27% May 503,828 1,061,516 1,227,974 1,118,011 1,176,629 1,152,860 1,206,026 53,166 2.50% 4.61% June 1,023,517 2,149,312 2,317,931 2,272,457 2,361,482 2,355,770 2,354,260 (1,510) -0.31% -0.06% July 2,084,644 3,491,668 3,507,973 3,412,277 3,643,192 3,629,309 3,718,909 89,600 2.08% 2.47% August 2,138,838 2,877,550 2,997,389 2,932,111 3,052,213 3,038,643 3,257,865 219,222 6.74% 7.21% September 1,767,393 2,359,528 2,441,331 2,508,064 2,415,397 2,414,174 2,526,832 112,658 4.61% 4.67% October 1,371,727 1,734,964 1,729,558 1,773,358 1,753,419 1,752,419 1,822,862 70,443 3.96% 4.02% YTD 19,922,761$ 26,904,921$ 33,272,221$ 34,289,842$ 34,543,307$ 34,443,802$ 35,598,680$ 1,154,878$ 3.06% 3.35% November 1,425,461 1,880,397 1,902,643 1,901,141 1,844,461 1,843,961 - December 3,625,189 5,749,365 5,602,018 5,811,950 5,789,893 5,776,237 - Total 24,973,411$ 34,534,683$ 40,776,882$ 42,002,933$ 42,177,661$ 42,064,000$ 35,598,680$ 1,154,878$ 3.06%3.35% 2025 Budget % change % change 2022 2023 2024 Budget Variance from 2024 from Budget January 645,487$ 720,906$ 705,167$ 711,525$ 726,278$ 14,753$ 2.99% 2.07% February 702,730 736,788 741,549 753,337 767,781 14,444 3.54% 1.92% March 719,717 738,244 783,123 769,644 763,873 (5,771) -2.46% -0.75% April 269,018 271,930 222,032 249,107 264,433 15,326 19.10% 6.15% May 146,657 132,333 139,793 143,483 143,928 445 2.96% 0.31% June 280,460 275,113 284,485 291,846 284,012 (7,834) -0.17% -2.68% July 424,602 412,849 439,142 448,039 448,578 539 2.15% 0.12% August 361,165 352,887 369,212 377,205 394,332 17,127 6.80% 4.54% September 294,861 304,068 293,066 299,772 306,559 6,787 4.60% 2.26% October 207,397 213,568 210,364 217,051 219,129 2,078 4.17% 0.96% YTD 4,052,094$ 4,158,686$ 4,187,933$ 4,261,009$ 4,318,903$ 57,894$ 3.13% 1.36% November 230,383 229,092 222,639 228,495 - December 671,982 703,050 699,750 712,030 - Total 4,954,459$ 5,090,828$ 5,110,322$ 5,201,534$ 4,318,903$ 57,894$ 3.13% 1.36% Town of Vail Revenue Update December 2, 2025 4.0% GENERAL SALES TAX 2025 Budget Comparison Actual 4.0% Collections 0.5% HOUSING SALES TAX 2025 Budget Comparison 4.0% Collected Sales Tax Actual 0.5% Collections 0.5% Collected Sales Tax 16 Town of Vail Revenue Update YTD 4% General Sales Tax Collections By Year December 2, 2025 Through October 31 October 4% General Sales Tax Collections By Year Through October 31 •October collections of $1,822,862 are up 4.0% from prior year and are up 4.0% from the budget. $1,734,964 $1,729,558 $1,773,358 $1,753,419 $1,822,862 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 2021 2022 2023 2024 2025 $26,904,921 $33,272,221 $34,289,842 $34,543,307 $35,598,680 $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 2021 2022 2023 2024 2025 •YTD collections of $35,598,680 are up 3.1% from prior year and are up 3.4% from the budget. •Inflation as measured by the consumer price index was up 3.0% for the 12-months ending September 2025.CPI was not reported for October 2025 due to the recent government shutdown. 17 Town of Vail Revenue Update December 2, 2025 October 0.5% Housing Fund Sales Tax Collections By Year Real Estate Transfer Tax by Year YTD Through November 2025 October Collections YTD Collections •This chart shows YTD collections of 1% RETT, segmented by real property values. 2025 collections are up 6.7% from the prior year. $11,567,947 $9,306,355 $7,449,244 $8,178,598 $8,722,436 $0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 2021 2022 2023 2024 2025 Sales Less Than $2.5 Million Sales $2.5 to $5 Million Sales $5 to $10 Million Sales Over $10 Million •October collections of $219,129 are up 4.2% from prior year and are up 1.0% from the budget. •2025 YTD collections of $4,318,903 are up 3.1% from 2024 and up 1.4% from the budget. The annual budget for the housing fund sales tax totals $5.2 million. $207,397 $213,568 $210,364 $219,129 $0 $50,000 $100,000 $150,000 $200,000 $250,000 2022 2023 2024 2025 $4,052,094 $4,158,686 $4,187,933 $4,318,903 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 $5,000,000 2022 2023 2024 2025 18 Town of Vail Revenue Update December 2, 2025 Construction Use Tax by Year YTD Through November 2025 YTD Lift Tax Collections YTD Through October 2025 •Use Tax collections through November 24 total $2,273,401 compared to $2,821,327 from this time last year. This is a decrease of (19.4)%. $3,525,642 $1,978,061 $2,130,807 $2,821,327 $2,273,401 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000 2021 2022 2023 2024 2025 •2025 YTD lift tax collections of $5,504,043 are up 2.0% or $106,877 from the same time last year. $4,396,842 $5,168,789 $5,076,951 $5,397,166 $5,504,043 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 2021 2022 2023 2024 2025 19 Vail Business Review October and Summer Season 2025 December 2, 2025 The Vail Business Review breaks down the 4.5% sales tax collected for the month of October and the May to October Summer Season. The 4.5% sales tax includes the town’s general 4% sales tax and the 0.5% housing sales tax supported by Town of Vail voters during the November 2021 election, effective January 1, 2022. The housing sales tax sunsets on December 31, 2051. October 4.5% sales tax was up 4.9% from the prior year. Retail increased 3.9%, lodging decreased (3.8)%, food and beverage increased 4.5%, and utilities/other increased 37.2%. Excluding the out-of-town category, sales tax for the month of October was up 1.2% compared to prior year. 2025 Summer Season 4.5% sales tax was up 3.7% from the prior year. Retail increased 7.8%, lodging decreased (3.0)%, food and beverage increased 2.2%, and utilities/other increased 16.2%. Excluding the out-of-town category, sales tax for the Summer Season was up 0.8% compared to prior year. Town of Vail sales tax reports, the Vail Business Review, and financial statements are available on the internet at vail.gov. You may email me to request to have the Vail Business Review emailed to you automatically. Please remember when reading the Vail Business Review that it is produced from sales tax collections as opposed to actual gross sales. If you have any questions or comments, please feel free to call me at (970) 479-2125 or Carlie Smith, Finance Director, at (970) 479-2119. Sincerely, Lauren Noll Revenue Manager 20 October 2024 Sales Tax Collections by Business Type October 2025 Town of Vail Business Review October Sales Tax Collections by Year October 2025 Sales Tax 839,357 Lodging 509,876 Food & Beverage 458,220 Utilities & Other 234,479 $0 $200,000 $400,000 $600,000 $800,000 3.9% 4.5%37.2% Retail 1,736,549 1,945,473 1,990,513 1,947,145 2,041,931 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 2021 2022 2023 2024 2025 General Sales Tax Housing Sales Tax • October 2025 retail sales increased 3.9%, lodging decreased (3.8)%, food and beverage increased 4.5%, and utilities and other increased 37.2%. • The figures above reflect 4.5% sales tax. Retail 807,513 Lodging 530,213 Food & Beverage 438,529 Utilities & Other 170,891 $0 $200,000 $400,000 $600,000 $800,000 (3.8)% • This report represents collections of Town of Vail sales tax, as opposed to actual gross sales. • On January 1st, 2022, Town of Vail sales tax increased from 4.0% to 4.5% on all items except food for home consumption. 2022-2025 above include the 0.5% increase to sales tax, depicted in light blue. 2021 shows 4.0% sales tax collections. • Total October 2024 collections were $1,947,145; October 2025 collections were $2,041,931, up from the prior year 4.9%. 21 October 2025 Sales Tax Town of Vail Business Review October 2024October 2025 Geographic Area Trends by Year October Sales Tax Sales Tax by Location Other Areas 15% Lionshead 10% Out of Town 41% Vail Village 34% • Vail Village sales tax increased 2.7%, Lionshead decreased (3.4)%, Other Areas increased 1.0%, and Out of Town increased 10.2%. Excluding Out of Town collections, all areas were up 1.2%. • The figures above reflect 4.5% sales tax. 252,700 327,832 160,209 193,748 708,111 740,368 615,530 683,525 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 2021 2022 2023 2024 2025 Vail Village Out of Town Lionshead Other Areas 814,243 655,501 229,293 281,476 • This chart shows October sales tax collections by geographic area over time. • 2022-2025 include the 0.5% increase for housing sales tax, depicted in lighter shades. General 4.0% sales tax collections are shown in darker shades. 307,561192,839 788,920 657,824 675,733 186,226 869,372 310,600 Other Areas 15% Lionshead 9% Out of Town 43% Vail Village 33% 22 Accommodation Services Sales Tax by Year Retail Business 4.5% Sales Tax Detail October 2025 Sales Tax Town of Vail Business Review Apparel $123,647 Grocery $120,590 Gallery $7,421 Gifts $5,740 Jewelry $43,616 Retail Liquor $26,781 Retail Other $358,360 Sporting Goods $50,958 Online Retailers $102,162 Retail Home Occupation $83 • October 2025 accommodations services decreased (3.8)% from the prior year. Short-term rentals decreased (5.4)% and hotels and lodges decreased (2.9)%. • The figures above reflect 4.5% sales tax. • Short-term rental sales tax collection numbers include online marketplace facilitators like Airbnb and VRBO. Revenue collections from facilitators may include some hotels and lodges that advertise and rent properties on these platforms. 274,605 192,579 330,494 199,719 320,894 188,981 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Hotel and Lodges Short-Term Rentals 2025 2024 2023 23 Retail 138,379 144,540 -4.26% Lodging 78,490 84,193 -6.77% F & B 90,206 75,472 19.52% Other 3,526 3,356 5.06% Total 310,600 307,561 0.99% Retail 26,963 33,096 -18.53% Lodging 81,192 80,733 0.57% F & B 72,965 72,704 0.36% Other 5,107 6,307 -19.02% Total 186,226 192,839 -3.43% Retail 419,443 397,476 5.53% Lodging 228,735 232,899 -1.79% F & B 126 1,450 -91.28% Other 221,067 157,094 40.72% Total 869,372 788,920 10.20% Retail 254,572 232,401 9.54% Lodging 121,459 132,388 -8.26% F & B 294,923 288,903 2.08% Other 4,779 4,133 15.62% Total 675,733 657,824 2.72% Retail 839,357 807,513 3.94% Lodging 509,876 530,213 -3.84% F & B 458,220 438,529 4.49% Other 234,479 170,891 37.21% Total 2,041,931 1,947,145 4.87% Retail Apparel 123,647 136,965 -9.72% Retail Food 120,590 132,057 -8.68% Retail Gallery 7,421 4,940 50.22% Retail Gift 5,740 3,574 60.59% Retail Home Occupation 83 206 -59.86% Retail Jewelry 43,616 19,454 124.20% Retail Liquor 26,781 29,340 -8.72% Retail Other 358,360 336,069 6.63% Retail Sport 50,958 62,517 -18.49% Retail Online Retailer 102,162 82,390 24.00% Total 839,357 807,513 3.94% Cascade Village / East Vail / Sandstone / West Vail Town of Vail Business Review October 4.5% Sales Tax 2025 Collections 2024 Collections YoY % Change Total - All Areas Lionshead Out of Town Vail Village Retail Summary 24 May - October 2024 Sales Tax Collections by Business Type May - October 2025 Town of Vail Business Review May - October Sales Tax Collections by Year Summer Season 2025 Sales Tax 6,520,247 Lodging 4,647,706 Food & Beverage 4,261,014 Utilities & Other 1,253,162 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 7.8%2.2%16.2% Retail 13,653,696 15,927,347 15,707,895 16,091,665 16,682,129 $0 $5,000,000 $10,000,000 $15,000,000 2021 2022 2023 2024 2025 General Sales Tax Housing Sales Tax • 2025 Summer Season retail sales increased 7.8%, lodging decreased (3.0)%, food and beverage increased 2.2%, and utilities and other increased 16.2%. • The figures above reflect 4.5% sales tax. Retail 6,050,972 Lodging 4,793,522 Food & Beverage 4,168,526 Utilities & Other 1,078,645 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 (3.0)% • This report represents collections of Town of Vail sales tax, as opposed to actual gross sales. • On January 1st, 2022, Town of Vail sales tax increased from 4.0% to 4.5% on all items except food for home consumption. 2022-2025 above include the 0.5% increase to sales tax, depicted in light blue. 2021 shows 4.0% sales tax collections. • Total Summer Season 2024 collections were $16,091,665; Summer Season 2025 collections were $16,682,129, up from the prior year 3.7%. 25 Summer Season 2025 Sales Tax Town of Vail Business Review May - October 2024May - October 2025 Geographic Area Trends by Year May - October Sales Tax Sales Tax by Location Other Areas 16% Lionshead 13% Out of Town 30% Vail Village 41% • Vail Village sales tax increased 4.5%, Lionshead decreased (8.9)%, Other Areas decreased (0.7)%, and Out of Town increased 10.4%. Excluding Out of Town collections, all areas were up 0.8%. • The figures above reflect 4.5% sales tax. 2,065,649 2,422,363 1,582,467 1,957,811 4,090,662 4,759,928 5,914,918 6,787,245 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 2021 2022 2023 2024 2025 Vail Village Out of Town Lionshead Other Areas 4,795,913 6,595,206 1,969,161 2,347,615 • This chart shows 2025 Summer Season sales tax collections by geographic area over time. • 2022-2025 include the 0.5% increase for housing sales tax, depicted in lighter shades. General 4.0% sales tax collections are shown in darker shades. 2,533,3712,104,737 4,811,529 6,642,028 6,938,250 1,918,331 5,310,204 2,515,344 Other Areas 15% Lionshead 11% Out of Town 32% Vail Village 42% 26 Accommodation Services Sales Tax by Year Retail Business 4.5% Sales Tax Detail Summer Season 2025 Sales Tax Town of Vail Business Review Apparel $1,285,195 Grocery $1,007,423 Gallery $67,774 Gifts $51,085 Jewelry $390,460Retail Liquor $237,063 Retail Other $2,312,197 Sporting Goods $514,122 Online Retailers $650,857 Retail Home Occupation $4,070 • 2025 Summer Season accommodations services decreased (3.0)% from the prior year. Short-term rentals increased 1.4% and hotels and lodges decreased (5.0)%. • The figures above reflect 4.5% sales tax. • Short-term rental sales tax collection numbers include online marketplace facilitators like Airbnb and VRBO. Revenue collections from facilitators may include some hotels and lodges that advertise and rent properties on these platforms. 3,117,053 1,431,382 3,354,826 1,438,696 3,188,583 1,459,123 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 Hotel and Lodges Short-Term Rentals 2025 2024 2023 27 Retail 1,004,832 1,032,127 -2.64% Lodging 768,649 826,503 -7.00% F & B 702,903 624,196 12.61% Other 38,960 50,544 -22.92% Total 2,515,344 2,533,371 -0.71% Retail 325,616 346,979 -6.16% Lodging 818,184 906,465 -9.74% F & B 755,595 786,147 -3.89% Other 18,937 65,146 -70.93% Total 1,918,331 2,104,737 -8.86% Retail 2,602,895 2,411,832 7.92% Lodging 1,539,729 1,480,187 4.02% F & B 7,430 10,628 -30.09% Other 1,160,151 908,882 27.65% Total 5,310,204 4,811,529 10.36% Retail 2,586,904 2,260,034 14.46% Lodging 1,521,145 1,580,367 -3.75% F & B 2,795,086 2,747,554 1.73% Other 35,114 54,073 -35.06% Total 6,938,250 6,642,028 4.46% Retail 6,520,247 6,050,972 7.76% Lodging 4,647,706 4,793,522 -3.04% F & B 4,261,014 4,168,526 2.22% Other 1,253,162 1,078,645 16.18% Total 16,682,129 16,091,665 3.67% Retail Apparel 1,285,195 1,247,476 3.02% Retail Food 1,007,423 1,028,223 -2.02% Retail Gallery 67,774 93,980 -27.88% Retail Gift 51,085 30,238 68.94% Retail Home Occupation 4,070 1,886 115.82% Retail Jewelry 390,460 210,266 85.70% Retail Liquor 237,063 255,855 -7.35% Retail Other 2,312,197 2,087,872 10.74% Retail Sport 514,122 539,424 -4.69% Retail Online Retailer 650,857 555,752 17.11% Total 6,520,247 6,050,972 7.76% Cascade Village / East Vail / Sandstone / West Vail Town of Vail Business Review Summer Season (May-Oct) 4.5% Sales Tax 2025 Collections 2024 Collections YoY % Change Total - All Areas Lionshead Out of Town Vail Village Retail Summary 28 AGENDA ITEM NO. 6.1 Item Cover Page DATE:December 2, 2025 SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Matters from Mayor, Council, Town Manager and Committee Reports AGENDA SECTION:Matters from Mayor, Council, Town Manager and Committee Reports (4:45pm) SUBJECT:Matters from Mayor, Council and Committee (15 min.) SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 29 AGENDA ITEM NO. 6.2 Item Cover Page DATE:December 2, 2025 SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Matters from Mayor, Council, Town Manager and Committee Reports AGENDA SECTION:Matters from Mayor, Council, Town Manager and Committee Reports (4:45pm) SUBJECT:Town Manager Report (5 min.) SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: TM Update 120225.docx 30 Town Managers’ Update December 2, 2025 1. Dates for Council  Saturday, November 29th at 6:00 p.m.: Tree lighting in Lionshead.  Thursday, December 4th at 5:30p.m.: Town of Vail Holiday Party at Deca Bowl. This is the annual employee holiday party.  Sunday, December 7th at 5:00 p.m. Tree lighting in Vail Village  Wednesday, December 10th at 5:00: Eagle County party for local government at the West Riverfront Resort and Spa. This is an annual party where all the county and municipal local elected officials, managers, and Department Directors are invited to attend  December 12th at 8:30 a.m.: Mayors Roundtable at the Eagle County Room, Eagle County Building. This is a meeting for the mayors and managers of the valley hosted by the County Commissioners.  Friday, December 19th, Town of Vail drop the puck night at Yeti at the Eagle Pool and Ice Rink  January 9, Ski with an elected official. Location and start time TBD.  January 19th and 20th: Town Council Strategic Planning Retreat. Location TBD 2. Other The Town Manager may have other topics that have arisen since the publication of the Council packet. 31 AGENDA ITEM NO. 6.3 Item Cover Page DATE:December 2, 2025 SUBMITTED BY:Stephanie Bibbens, Town Manager ITEM TYPE:Matters from Mayor, Council, Town Manager and Committee Reports AGENDA SECTION:Matters from Mayor, Council, Town Manager and Committee Reports (4:45pm) SUBJECT:Council Matters and Status Report SUGGESTED ACTION: VAIL TOWN COUNCIL AGENDA ITEM REPORT ATTACHMENTS: 251202 Matters.docx Future Topics.docx 32 COUNCIL MATTERS Status Report Report for December 2, 2025  Town Council gave a big shout out to the Parking Sales team for their patience and excellent customer service!  Council also acknowledged the amazing new programs at the Vail Public Library and encouraged everyone to follow them on Instagram to learn about all the fun things to do at the Library!  The Economic Development and Tourism team received big compliments on the new “Stoke Sessions” music series!  The entire Town Council expressed heartfelt thanks to both Travis and Pete for their service on Council, each giving individual remarks and acknowledgments. Social Media Listening This report covers the last month, Oct. 29 – Nov. 26, due to a technical glitch with Sprout Listening for the last council meeting: https://share.sproutsocial.com/view/f2051807-7aa6-4e9d-8518-077aa6be9db7 The settings were adjusted in this report to compare this time period to the same time period last year, and unique authors are down 22% - probably a reflection of the lower snow totals and hence lower visitation. The post sentiment around the village experience still remains mostly upbeat (this is the most engaged post from this time period, posted Nov. 21), with the 2% lower positive sentiment being more due to comments around speed cameras; mistaking Vail, CO for a negative social media story in Vail, AZ; and an ethics complaint around a trip to Vail by lawmakers. In the News______________________________________________________ Nov. 12 Community Food Drive 33 https://www.realvail.com/town-of-vail-hosts-community-food-drive/a24060/ AI Project https://www.realvail.com/town-of-vail-hosts-community-food-drive/a24060/ Speed Cameras https://www.realvail.com/automated-speed-enforcement-program-goes-live-in-vail/a24066/ Nov. 13 Paid Parking https://www.realvail.com/paid-parking-begins-friday-with-scheduled-opening-of-vail- mountain/a24077/ Nov. 14 Vail Mountain Opening https://www.vaildaily.com/news/vail-mountain-opens-on-a-bluebird-day-offering-guests-fresh- corduroy-and-free-food/ Nov. 17 Geothermal Distict https://www.vaildaily.com/news/vail-town-council-creation-geothermal-district-reduce-emissions- climate-goals/ Issue 2A https://coloradosun.com/2025/11/17/vail-voters-reject-plan-to-tax-short-term-rentals/ Nov. 19 2026 Budget https://www.vaildaily.com/news/vail-135-7-million-2026-budget/ Nov. 20 Energy Rebates https://www.vaildaily.com/news/energy-rebates-and-savings-programs-for-vail-residents/ Nov. 21 VLMDAC Openings https://www.realvail.com/town-of-vail-seeks-marketing-district-advisory-board-members/a24137/ Nov. 25 Community Food Drive https://www.vaildaily.com/news/town-of-vail-hosts-community-food-drive/ Moffat Case https://www.vaildaily.com/news/criminal-case-against-former-vail-elected-official-highlights- staffing-issues-in-das-office/ Shop with a Cop https://www.realvail.com/community-donations-needed-for-23rd-annual-shop-with-a- cop/a24180/ 34 35 Future Topics, December 2025 TOPIC DEPARTMENT  Main Vail Pedestrian Improvements design update Public Works  VLMDAC Board Opening Interviews/appointments Economic Development  Lunar Park SDD Community Development  Permission to proceed application for 230 Bridge St. Community Development  Committee Appointments Town Council  East Lionshead Circle Application Appeal Community Development 36