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HomeMy WebLinkAbout1995-05-02 Support Documentation Town Council Work Session VAIL TOWN COUNCIL WOR9C SESSION TUESDAY, MAY 2, 1995 2:00 P.M. IN TOV COUIVCIL CHAMBERS 1. Discussion of Financing Options for Vail Commons Project. 2. Protecting Designated Open Space. 3. Information Update. * Approval for Bid Award - Matterhorn Street Project. * Approval for Bid Award - Golf Course Street Project. * Update on Outdoor Display of Goods. 4. Council Repurts. 5. Other. 6. Executive Session - Legal Mlatters. 7. Adjournment. NOTE UPCOi1AIPVG MVEETIPJG STi4F3T YInl1ES BELOIA/: (ALL TIRAES ARE APPFiOXIMATE APdD SUBJECT TO CHA6VGE) • * • • • • • YHE NEXY bAIL TOWN COUPICIL REGULAR WORK SESSIOId 1NILL BE ON YUESDAX, 5/9/95, BEGIIdP111VG AT 2:00 P.M IN TOV COUNCIL CHAflABERS. TO-IE FOLL01A/ING VAIL TOWN COUNCIL REfaULAR {iVORK SIESSIOM !A/ILL BE ON TUESDAY, 5/16/95, BEGINNIIVG AT 2:00 P.M. IIV T'OV COUfVCIL CHAMBERS. TFIE PlE3tT NAIL TOWN COUNCIL REGULAR EVERIING MEEYIIVG !AlILL BE OPd YUESDAY, 5/96/95, BEGIfViVING e4T 7:30 P.M. Ihl YpV GOUPICIL CF9AAABERS. ~ ~ • • • • • C:WGENDA.WSE VAIL TOVVfV COUNCIL WORK SE5SION TdDESDAY, MAY 2, 1995 2:00 P.M. IIV TOV COUIVCIL CHAMBERS EXPANDED a4GENDA 2:00 P.M. 1. Discussion of Financing Options for the Vail Commons Project. Andy 4Cnudsten Dee VVisor ACTION REQUESTED OF COUIVCIL: 1) Review questions regarding financial issues to be sent to short listed developers; 2) Discuss pros and cons of private vs. public financing. BACKGROUIVD RATIONALE: The four short listed developers will be interviewred by Council after presenting their projects on May 16, 1995. To make the interviews as informative as possible, staff will send a list of questions to the developers in advance of the interview. Please review the attached material and amend/add/or delete the questions for the developers. STAFF RECOMMENDATIOfV: 3:00 P.M. 3. Protecting Designated Open Space. Russell Forrest ACTIOiV REQUESTED OF COUNCIL: Review options for further protecting Town owned open space and provide feedback to staff on the desired approach. BACKGROUND RATIONALE: The issue was raised during the development of the Vail Comprehensive Open Lands Plan that parcels zoned as either Natural Area Preservation, Agriculture Open Space, or Outdoor Recreation can be changed by the Vail Town Council. It was also felt that property owners may be hesitant to donate land to the Town knowing the Town could rezone the property to any existing Town zone district. In December of 1994, staff reviewed alternatives fior further protecting Town owned open space. One of the alternatives d4scussed involved a Charter Amendment that would require a vote of the people before designated open space parcels could be significantly changed or sold. The same process could be done through an ordinance. However, an ordinance can be changed by a vote of the Town Council. The other option explored involved using conservation easements to Turther protect open space. STAFF RECOMMEiVDATIOfV: fV/A. 4:30 P.M. 4. Information Update. * Approval for Bid Award - Matterhorn Street Project. * Approval for Bid Award - Golf Course Street Project. * Update on Outdoor Display of Goods. 4:50 P.M. 5. Council Reports. 5:00 P.M. 6. Other. 5:10 P.M. 7. Executive Session - Legal Matters. 5:40 P.M. 8. Adjournment. 1 o • 9tlO0E 4.dPCOtlY11NW 6YIEETIOtlG Stl P96'E 0TIOtlEEJ BELOYtl. (ALL TIMES ARE APPROXIMATE AND SUBJECT TO CHANGE) 0000 000 THE PlEXT VAIL YOlfl!(V COUNCIL REGULAFi WORK SESSION !AlILL BE OYd TUESDAY, 5/9/95, BEGINPlIIdG AT 2:00 P.M. IN TOV COUNCIL CHAMBERS. YHE FOLLOWING VAIL 701iVN COUNCIL FtECaULA6g WORK SESSION 1NILL BE ON TUESDAY, 5/96/95, BEGIIdNIfdG AT 2:00 P.M. IR! TOV COUNCIL CHAIUiBERS. TF9E NEX7 VAIL YOVNN COUNCIL REGULAR EVEN6NG IVIEET'ING WILL BE ON TUESDAY, 5/96/95, BEGIIdIVING AT 7:30 P.M. IN TOV COUNCIL CHAMBERS. (D • ~ ~ • • • CAAGENDA.WSE 2