More money for schools in Gypsum |

More money for schools in Gypsum

Katie Drucker
Eagle Correspondent
Vail, CO Colorado

GYPSUM ” Local schools will get more money when residential development happens in Gypsum.

According to Gypsum regulations, developers whose projects will bring more people to Gypsum must give the town land or cash to expand public schools.

Before a recent change in the law, developers had been paying $25,000 per acre. Now the rate is an amount equal to the fair market value of the land. It was the first updateto the law in 10 years.

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