Avon: Village developer sues town
Vail, CO Colorado
AVON, Colorado ” Traer Creek LLC, the developer of the Village at Avon, is suing the town of Avon over an ordinance passed in 2006 that places a five year limit on vested rights.
In the lawsuit, Traer Creek is asking the district court to rule that a town ordinance placing a five-year limit on any vested right created after June 1, 2006, should not apply to the Village at Avon, according to a town of Avon press release.
“Vested rights” are basically the rights of a landowner to develop his land as planned under the terms of an annexation and development agreement without fear that a government will later change the development rules, such as zoning.
Traer Creek has a 35-year period of vested rights that were established in 1998.
The town will file an answer to the complaint and defend against the lawsuit. No trial date has been set.
A copy of the lawsuit wasn’t made available to the Vail Daily Thursday. Officials from both the Town of Avon and Traer Creek had no comment beyond what was in the press release issued by the town.
Staff Writer Matt Terrell can be reached at 970-748-2955 or firstname.lastname@example.org.
Support Local Journalism
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: Moderator Trusted User
Due to budget shortfalls, Vail Resorts has pulled this winter’s funding for its cloud seeding program — the longest-running in the state at 44 years — potentially reducing the amount of water flowing down the…