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Home My WebLink AboutR07-058 Vail Valley Medical Center Tax Exemption r " I ( A RESOLUTION OF EAGLE COUNTY, COLORADO IN SUPPORT OF THE CONTINUING REAL PROPERTY TAX EXEMPTION OF THE REAL PROPERTY OWNED AND OPERATED BY VAIL VALLEY MEDICAL CENTER WITHIN EAGLE COUNTY, COLORADO Eagle County, Colorado Resolution No. iLSb Series of 2007 RECITALS: A. Vail Valley Medical Center, Inc. (hereinafter the "Medical Center") is a nonprofit corporation, exempt from federal income tax as described in Internal Revenue Code 9501 (c)(3), and because it is a hospital, is treated as a public charity under Internal Revenue Code 99 509(a)(1) and 170(b)(1 )(A)(iii). B. The Medical Center owns and operates a hospital, located at 181 W. Meadow Drive, Vail, Colorado (hereinafter the "Hospital"), a regional cancer center, located at 322 Beard Creek Road, Edwards, Colorado (hereinafter the "Cancer Center"), and a community clinic with emergency center, located at 1280 Village Road, Beaver Creek, Colorado (hereinafter the "Community Clinic".) C. The Hospital, the Cancer Center and the Community Clinic are each licensed as healthcare facilities by the State of Colorado. D. The Hospital, Cancer Center and Community Clinic together comprise the sole source of institutionalhealthcare in Eagle County. E. As the sole source of institutional healthcare in Eagle County, the Hospital, Cancer Center and Community Clinic comprise the healthcare safety-net for Eagle County, where residents in need may go for care without regard for their ability to pay. F. As the sole source of institutional healthcare in Eagle County, the Hospital, Cancer Center and Community Clinic provide community benefits to the residents of Eagle County through programs and/or activities that offer treatment and/or promote health and healing as a response to identified community needs, including: ~ responding to the needs of special populations, such as minorities, older persons, and other disenfranchised persons who are living in poverty, persons with chronic mental illness, persons who are medically underinsured or uninsured, and other disenfranchised persons; and #1230426 vI , . I ~ providing services or programs that would likely be discontinued - or would need to be provided by the County - if the decision were to be made on a purely financial basis; and ~ responding to public health needs. G. The Medical Center is currently in the process of planning for a significant capital investment to substantially upgrade the licensed healthcare facilities, equipment and medical services it offers to the residents of Eagle County. H. In 2003, the Medical Center completed construction and equipment of the Cancer Center and placed it into service. Shortly thereafter, the Medical Center filed, with the Colorado Division of Property Taxation, an application for exemption of the Cancer Center from property tax. At that time, the Hospital and the Community Clinic had each been recognized as exempt from property tax since their inception. I. Recently, the Manager of Exemptions for the Colorado Division of Property Taxation ruled that the longstanding exemptions of the Hospital and the Community Clinic would be each retroactively revoked in part, and that the Cancer Center's application would be granted only in part, with the result that the Medical Center would have to pay more than $1,000,000 in retroactively assessed property tax, and more than $500,000 in annual property taxes. J. The Medical Center has appealed these rulings. K. The Board of County Commissioners of Eagle County has, as a matter of right, the power to oppose or support the Medical Center's position. L. The Board of County Commissioners of Eagle County believes that the Medical Center, and the Hospital, Cancer Center and Community Clinic which it operates, are unique community resources, vital to the health and welfare of the residents of Eagle County. M. The Board of County Commissioners of Eagle County believes that the Medical Center, and the Hospital, Cancer Center and Community Clinic which it operates, provide a substantial community benefit and thus relieve the County of an economic burden it would otherwise be forced to perform or fund. N. The Board of County Commissioners of Eagle County wishes to encourage the Medical Center to make such capital investments (to substantially upgrade the healthcare facilities, equipment and medical services it offers to the residents of Eagle County) as it believes are necessary or desirable to improve the quality, safety and efficiency of healthcare services in Eagle County. #1230426 vI 2 - T Further Resolved, that the Board of County Commissioners for Eagle County support the continued exemption of the Hospital and the Community Clinic, and the exemption of the Cancer Center, from property tax to the fullest extent allowed by Colorado law as such exemptions further the interests of the residents of Eagle County Further Resolved, that the Commissioners hereby certify that the need exists for the provision of all of the services offered by licensed phYSiCians and dentists at the Hospital, the Cancer Center and the Community Clinic, that such services are necessary to the health and welfare of the residents of Eagle County in general, and are specifically necessary within the meaning of CRS 939-3-111.5(1 )(d). This Resolution was introduced, read, passed, and adopted by the Board of Commissioners of Eagle County by a vote of three (3) to zero (0) on May 22, 2007. ATTEST: '; . ~ ddtf" / . ~ Clerk to the Board of County Commissioners Commissioner f-t ~ ~ seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner Menconi Commissioner Runyon Commissioner Fisher ~~ ~ "" &\. This Resolution passed by -z-- / D vote of the Board of County Commissioners of the County of Eagle, State of Colorado. #1230426 vl 3