Final settlement reached in Village at Avon lawsuit

By Edward Stoner

AVON — The town of Avon, the Traer Creek Metropolitan District and Traer Creek LLC said Friday that all terms have been completed for the settlement of the Village at Avon lawsuit. The final actions were closed Friday. The final settlement essentially accomplishes the following: • It allows development of all land within the village to continue. • The Upper Eagle Regional Water Authority lifts its moratorium on water service for new development in the village and a 2 million gallon water storage tank is being constructed by Traer Creek LLC to serve the village and provide fire protection water …

Source: Vail Daily Feed