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HomeMy WebLinkAbout2023-09 A Resolution Approving a Memorandum of Understanding regarding Planning for a State Land Board Community Housing ProjectRESOLUTION NO. 9 Series of 2023 A RESOLUTION APPROVING A MEMORANDUM OF UNDERSTANDING (“MOU”) REGARDING PLANNING FOR A STATE LAND BOARD COMMUNITY HOUSING PROJECT WHEREAS, the Town desires to enter into an agreement between the State Land Board; County of Eagle; Towns of Vail, Minturn and Avon; Eagle-Vail Metropolitan District, Traer Creek Metropolitan District, The Village Metropolitan District and EMD Limited Liability Company to conduct a cooperative planning effort for the development of community housing and other uses on State Land Board property situated adjacent to the Town of Avon and the Eagle-Vail and Traer Creek Metropolitan District, to plan and develop approximately 40-acres of State Land Board property pursuant to the terms set forth in Exhibit A, attached hereto and incorporated herein by this reference (the "MOU"). NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO THAT: Section 1. The Town Council hereby approves the MOU in substantially the same form as attached hereto as Exhibit A, and in a form approved by the Town Attorney, and authorizes the Town Manager to execute the MOU on behalf of the Town. Section 2. This Resolution shall take effect immediately upon its passage. INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Vail held this 7th day of March 2023. ____________________________ Kim Langmaid, Mayor ATTEST: ___________________________ Stephanie Bibbens, Town Clerk