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HomeMy WebLinkAbout1975-01 Recreational Amenities Tax Due for the Development within Special Development District 1INDEX OF RESOLUTIONS I A Resolution concerning the Recreational 1975 Amenities Tax due for the development within special develnpmnnt district 1 SD 1). Passed:l/7/75. 2 A Resolution urging passage of House Bill 1.975 1092 by the Colorado General Assembly, known as the Land Use Planning and Urban Service Act of 1.975. Passed: 2/4/75. 3 A Resolution approving a commercial develop- 3.975 ment and sports facility project for VA, Inc. making findings and authorizing bond financing in connection therewith, and authorizing representatives of the Town to take action incidental thereto. Passed: 3/1.8/75. 4 A Resolution authorizing the transfer of funds in the 1975 Y amount of $130,000 for planning and designing on the Antholz property. Passed: 4/15/75. 5 A Resolution authorizing a second transfer of Funds in 1975 the amount of $8,342.50 from a contingency fund for additional expenses incurred in the construction of the Town of Vail/Eagle County Animal Shelter. Passed: 4/15/75. 6 A Resolution calling a Special Municipal Election to be 1975 held October I4, 1975, regarding General Obligation Bonds not to exceed $1,160,000, Passed: 9/9/75. 7 A Resolution appointing judges and clerks at the Special 1975 Municipal Election to be held October I4, I975. Passed: 9/1&/75. 8 A Resolution directing compliance by the Town Clerk of 1975 the Federal Voting Rights Act of .1965, as amended, concerning bilingual election materials, in connection with the October I4, 1975 Special Municipal Election. Passed: 9/I6/7S. 9 A Resolution authorizing the lease of 9/16/75 between the 1975 Town of Vail and Eagle County School District for the site of a public elementary school in the municipality. Passed: 9/16/75. IO A Resolution concerning the Gymnasium of the public I97S elementary school in Vail/Potato Patch. Passed: 9/16/75. 1l A Resolution of intent to annex an area generally 1975 north of and west of the Town of Vail to the Town through an annexation election. (Lions Ridge) Passed: 10/7/75. IZ A Resolution concerning the public sale of General 1975 Obligation Bonds in the amount of $S&0,000. Passed: 10/21/75. 13 A Resolution designating Care Week in Vail. Passed: 11/4/75 I97S I4 A Resolution supplementing Ordinance No. I7, relating I97S to VA Industrial Bands and determining rates of interest regarding bonds in the amount of $3,500,000. Passed: 11/4/75. INDEX OF RESOLUTIONS 15 A Second Resolution regarding the proposed annexation 1975 of an area generally north of and west of the Tawn of Vail to the Town through an annexatian election. Passed: Z1/IZ/75. 16 A Resolution regarding the sale of General Obligation 1975 Bonds in the amount of $860,000. (See Ordinance File: Proceedings of Bond sale for original of Resolution) Passed: 11/.I8/75. t'7 ~P..S~ru~i r~x. ~~ "T`"h ~. r~2,~x.~.t`1>rnp~r-~- o~ ~~~ e 5~ c~~ a..P T~ ~~-/ err~ey. / U i ~ ~, ': RESOLUTION N0. 1 Series of 1975 A RESOLUTION CONCERNING THE RECREATIONAL AMENITIES TAX DUE FOR THE DEVELOPMENT WITHIN SPECIAL DEVELOPMENT DTSTRTCT 1 (SDl) WHEREAS, the Planned Unit Development Permit issued by the Town of Vail, Colorado, to Shamrock-Vail, Ltd., devel- oper of the Sunburst project in Special Development District 1 SDl}, states in Paragraph III4 that the permittee will nego- tiate with the Town Council regarding the amount of the recrea- tion fee due for each phase of said project; WHEREAS, said recreation fee was superseded by the recreational amenities tax through the enactment of Ordinance No. 2, Series of 1974; and WHEREAS, negotiations engaged in by Shamrock-Vail, Ltd., and the Tawn Council have resulted in an agreement concerning the recreational amenities tax due for the Sunburst project, the terms of which are herein set forth; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, AS FOLLOWS: Section 1. Title. This resolution shall be known as the "Resolution Concerning Recreational Amenities Tax for Development in SD1". Section 2. Recreational Amenities Tax for Develop- ment in Special Development District 1 {SD1}. Pursuant to Paragraph III4 of the Planned Unit Devel- opment Permit issued by the Town of Vail, Colorado, to Shamrock- Vail, Ltd., and Section 13.300 of the Zoning Ordinance, Ordinance No. 8, Series of 1973, of the Town of Vail, Colorado., as amended, the recreational amenities tax due for the Sunburst project in Special Development District 1 {SDl) under Ordinance No. 2, Series of 1974, of the Town of Vail, Colorado, shall be deter- mined and paid as follows: Deputy Tb n Clerk i ~~ Res. 1, 1975 Page 2 A. The recreational amenities tax shall be assessed at the rate of $0.75 per square foot of gross residential floor area or commercial floor area. B. A credit not to exceed 75 per cent of the tax assessment shall be allowed in accordance with Ordinance No. 2, Series of 197. C. The net tax due on Phase 1 of the Sunburst project shall be paid to the Department of Finance of the Town prior to the issuance of a Certificate of Occupancy for said phase. D. The net tax due on each subsequent phase of the Sunburst project shall be paid to the Department of Finance of the Town prior to the issuance of a building permit for said phase. E. In the event an amended development plan for the Sunburst project is approved by the Town Council the tax assess- ment and credit established herein may be amended to an appro- priate extent. Section 3. Supplement to Approved Development Plan. This resolution sha11 be a supplement to the approved development plan for the Sunburst project in Special Development District 1 (SDl). Section 4. Effective Date. This resolution shall take effect upon its adoption. INTRODUCED, READ, APPROVED, AND ADOPTED, this 7th day of January, 1975. ATTEST: lle iP