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
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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.
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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:
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