Board extends 90 Virginia Lane development deadline to March 2026, authorizes outside expertise and RV‑park analysis
After staff and Penrose described a roughly $17 million funding gap, the boards approved hiring outside PPP expertise, asked staff to analyze RV‑park options, and extended the development agreement timeline to 2026 by a 3–2 vote.
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The Town of Jackson and Teton County continued negotiations over the 90 Virginia Lane affordable housing project on Dec. 1, approving three linked staff recommendations: hire outside public‑private partnership expertise to help finalize the development agreement and financing commitment; direct staff to study RV‑park operations for 2026 and return options by Feb. 1, 2026; and extend the development agreement execution deadline to March 31, 2026. The boards approved the consultant hire and RV‑park study unanimously and extended the timeline by a 3–2 vote.
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