HomeMy WebLinkAboutEHU Option Letter_signed.pdf Liz and Luc Meyer
PO Box 176, Vail, Colorado 81658
Tel: (970)476-3630
Email: lizmeyer( ,vail*net
July 18, 2018
George Ruther, Housing Director
Housing Department
Town of Vail
7.5 South Frontage Road West
Vail, Colorado 81657
Dear George,
I am writing to express my intent to comply with the terms of the Town of Vail Development
Review Application PEC18-0008 and B18-0220. I understand that as an obligation of my
approval, and to demonstrate compliance with the Zoning Regulations of the Town of Vail, I am
required to mitigate the development impacts of my development application on employee
housing through commercial linkage obligations. To that end, I commit to taking one of two
actions prior to September 14, 2018. I shall either:
1) Pay$84,480.05 in Commercial Linkage Fee in Lieu
Or,
2) Secure a deed-restriction on a residential property located within the Town of Vail which
is a minimum of 250 square feet of GRFA in size, consistent with the provisions of
Title 12, Vail Town Code.
Further, I understand that I fail to perform on this commitment, I am in violation of the Town's
approvals (PEC18-0008/B18-0220) and the Town of Vail may bring legal action against,
including, but not 1'mited to issuing a STOP WORK ORDER on permit#B18-0220.
Regan: I )e q '
I
1
Luc H. Meyer