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HomeMy WebLinkAboutVAIL RACQUET CLUB CONDOMINIUMS BUILDING 7 UNIT 1.pdfCOPT TILE DEarnnmt of Community Deulopment 75 South Frontage Road Vail, Cohrado 81657 970-479-2138 FAX 970-479-2452 uut!.uAilgou.com Herlihey Dcck Enclosure Legal Description: Unit l, Racquet Club Townhomes DRB 07-0016 L Net New GRFA for Hcrlihey Residence A. Residential Increase: Inclusionary Zontng Increase in GRFA : 96 sqft increase Inclusionary Zoning requirement - l0 percent of net new residential sq ft 96 sq ft xl0 Yo:9.6 sq ft required deed restricted employee housing B. Possible Method of Mitigation for Inclusionary Zoning l. Fee-in-Lieu i. Provide a fee-in-lieu payment to the Town of Vail of 9.6 sq ft x $236.65 / sq ft: $2,271.84 Payment of the Fee-in-Lieu A. Payment of the fee-in-lieu of $2,271.84 must be paid prior to the issuance of a building permit for the project n RECYCI,ED PAPER