With certificate funding out, what’s next in Avon?

By Edward Stoner

AVON — With voters rejecting financing the purchase of the Skier Building through certificate of participation bonds, the question now turns to the purchase contract itself. In a deal that’s set to expire in February, Starwood — the building’s owner — and the town of Avon have negotiated a purchase price of $3.2 million, with council members wanting the building for the purposes of relocating town hall there. While voters have said they don’t want that $3.2 million to come from certificate of participation bonds, that doesn’t mean Starwood’s offer is off the table. On Tuesday, the town will discuss …

Source:: Vail Daily Feed