Escrow Agreement Approved for Hotel St. Bernard DIF
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Description
The Village Council approved an Escrow and Development Agreement with Taos Ski Valley, Inc. for determining and collecting Development Impact Fees on the Hotel St. Bernard redevelopment, with an initial $1,000,000 payment and remainder held in escrow.
Contract Details
Contract Amount
$1,000,000 (initial payment)
Vendor
TAOS SKI VALLEY INC
Agency
Taos Ski Valley village, NM
Contract Type
OTHER
Document Date
May 23, 2023
Contract Term
Until final agreement for DIF charges is reached
Renewal Info
Agreement is interim until final DIF charges are determined and agreement is reached.
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