Eagle mulls sales tax for river park plan

By Pam Boyd

EAGLE — Here’s the formula: 0.5 percent, 20 years, $4 million.That’s what Eagle officials hope local taxpayers will approve when they present the Eagle River Park plan on the April 5 municipal ballot.While wordsmithing and legal and financial review still need to happen before the Eagle Town Board approves a final ballot question, this week town leaders honed in on the framework of what they will present to the voters. That framework includes a 0.5 percent increase in sales tax for a 20-year term which will generate upwards of $4 million.“I think that assures that Phase 1 of the project …

Source:: Vail Daily Feed