Loading...
HomeMy WebLinkAboutCommitment Timber Ridge (our 50038975) Shelley Bellm From:Matt Mire <jmm@hphclaw.com> Sent:Wednesday, July 30, 2014 11:34 AM To:George Ruther Subject:RE: Commitment Timber Ridge (1280 NORTH FRONTAGE ROAD)(our 50038975) It is 100% exempt if the Town is a party to the transaction. J. Matthew Mire Hayes, Phillips, Hoffmann & Carberry, P.C. p. 970. 390-4941 f. 303. 825-1269 ________________________________________ From: George Ruther \[GRuther@vailgov.com\] Sent: Wednesday, July 30, 2014 11:12 AM To: Matt Mire Subject: RE: Commitment Timber Ridge (1280 NORTH FRONTAGE ROAD)(our 50038975) If sold, is the sale of the eastern half of Timber Ridge exempt from the payment of the RETT? Or is only 30% exempt since 70% is deed restricted employee housing? Clearly there is no RETT payment on the ground lease. Thanks, George Ruther, AICP Director Community Development 970.479.2145 970.376.2675 cell www.vailgov.com www.twitter.com/vailgov -----Original Message----- From: Matt Mire \[mailto:jmm@hphclaw.com\] Sent: Wednesday, July 30, 2014 10:55 AM To: George Ruther Subject: RE: Commitment Timber Ridge (1280 NORTH FRONTAGE ROAD)(our 50038975) We should probably go through a few of those exception. I still don't understand what's going on here. J. Matthew Mire Hayes, Phillips, Hoffmann & Carberry, P.C. p. 970. 390-4941 f. 303. 825-1269 ________________________________________ From: George Ruther \[GRuther@vailgov.com\] 1 Sent: Wednesday, July 30, 2014 10:03 AM To: Matt Mire Subject: FW: Commitment Timber Ridge (1280 NORTH FRONTAGE ROAD)(our 50038975) I haven't read through the commitment yet. However, this is the document I was referring to yesterday. Thanks, George Ruther, AICP Director Community Development \[cid:image001.jpg@01CFABDD.7752F040\] 970.479.2145 970.376.2675 cell www.vailgov.com www.twitter.com/vailgov 2