Avon looks to purchase new Town Hall for $3.2M | VailDaily.com

Avon looks to purchase new Town Hall for $3.2M

AVON — Next Tuesday, the Avon Town Council will begin the public review process for the purchase of what is commonly called “The Skier Building” for a new Town Hall. Located at 140 West Beaver Creek Boulevard, the prominent stone and stucco three-story structure sits on Avon’s Pedestrian Mall.

Town Manager Virginia Egger has signed a purchase and sale agreement in the amount of $3.2 million for the property, subject to Town Council approval. The estimated cost to finish the building is $2.5 million. Certificates of participation are proposed for the total costs of the acquisition and construction. Funding will be from existing real estate transfer taxes. A 1999 revenue bond, which was being paid from the real estate transfer taxes over the past 15 years, was fully paid earlier this month.

‘Civic Anchor Point’

“The purchase of the Skier Building for use as Avon’s Town Hall is a significant opportunity to create a civic anchor point to our Pedestrian Mall, the library, Recreation Center and Nottingham Park,” said Mayor Rich Carroll. “The relocation of Town Hall will bring a liveliness and vitality to the Mall, with the daily presence of employees working in this central business area and from those who access municipal services. The 2007 West Town Center District Investment Plan has led the planning for the importance of locating Town Hall in this vicinity. This same plan launches the dynamic planning direction that the current Town Hall site should be considered for other, more appropriate uses in Nottingham Park, such as expansion of the park or a small inn. To plan the future development of this site with Nottingham Park and other adjoining properties brings extraordinary possibilities to this area of town.”

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About the Building

The Skier Building is 16,273 square feet, equally divided on three floors, with a lot size of 10,840 square feet. Constructed in 2003, by Points of Colorado Inc., which is a wholly owned subsidiary of Starwood Vacation Ownership, Inc., the structure has stood as a building shell with minimal interior improvements.

According to town officials, the current Town Hall is too small for town needs, severely depreciated, lacking in useable space and energy inefficient. The Town’s Capital Projects Fund projected renovation for Town Hall in the next five years, but council has concluded that even a gut renovation would not be appropriate for the needs of the town.

First reading of Ordinance 14-16 for the purchase and sale agreement is scheduled for Sept. 23 for council action. If first reading passes on Sept. 23, then the second reading will follow Oct. 14, with the ordinance taking effect on Nov. 13. In parallel with the public hearings on the purchase and sale agreement are the needed approvals for the issuance of certificates of participation. If approvals are achieved, then the bonds would close the week of Nov. 17. Interior space design would then commence with full design bids completed and construction estimated to take a full year. A reasonable move-in date would be December 2015, officials said.

The meeting on Tuesday will begin at 5 p.m. in Council Chambers, 1 Lake St. The full agenda and packet materials can be found at avon.org.

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