Last Updated:
May 28, 2010
Ski / Snowboard Sites
Vail To Discuss What To Do With Conference Center Funds, & Possible Ballot Question
Tuesday night, the Vail Town Council will have a discussion on what to do with conference center funds and how to reallocate those funds. In 2006, Council made a decision that a future ballot issue for reallocation of the Conference Center funds should be used to "increase occupancy and increase overall economic activity." During a Council retreat on December 8, 2009, interest was expressed by the Council to renew the process to identify an appropriate use(s) for the funds - Community momentum has begun recently to bring forth ideas to Council for potential reallocation uses. The balance available for reallocation was $9.3 million at the end of 2009. Vail Staff are seeking direction from Council on goals, key assumption, considerations, process and next steps in preparation for a renewed ballot effort for reallocation of the Conference Center funds collected. Council is expected to address the issue again on June 15th.
NAR Political Representative To Visit Summit, Glenwood & Vail Boards This Week!
NAR Political Representative Brad Viator, will visit a few of the Mountain Boards this week to provide a Washington update as to what's going on in Congress that's affecting the real estate industry, and also an in depth look at the new FHA rules. He will be in Vail on Tuesday, April 6th, and in Summit and Glenwood on Wednesday April 7th. Contact your board office for more information!