Town of Vail contemplating a tax-increment financing district for West Lionshead

Town of Vail contemplating a tax-increment financing district for West Lionshead

West Lionshead and the areas surrounding it could be the next in Eagle County to join a wave of tax-increment financing districts that have been forming in communities across the region in recent years. The Vail Town Council on Tuesday approved a plan to hire consultants to evaluate creating a downtown development district for the West Lionshead redevelopment project. The district, if formed, would use the future increases in property tax revenu…