Jackson — Town and county elected bodies approved a renewal transit agreement with Jackson Hole Mountain Resort (JHMR) during a joint special meeting on March 9.
Staff and legal counsel described the contract as a three-year agreement with the option of two two-year extensions and said its structure largely follows the previous agreement. The package retains pass-holder discounts and establishes an annual adjustment tied to employee wage increases (capped at 7.5 percent), which staff said protects START from unpredictable cost swings while limiting employer exposure.
Councilors and commissioners sought clarification about which pass-holder categories remained in the agreement after the Teton Village Association moved to a separate deal and about how Area 2 fee credits are calculated. Staff said Area 2 credits are capped at $500,000 and are calculated as an average of the prior five years of real-estate transfer and short-term rental fee receipts.
Councilor Schechter moved to approve the agreement as presented; the motion passed by voice vote on both the town and county sides. Jared Smith, a former START board chair who spoke during public comment, asked that both bodies revisit the level of taxpayer subsidy for the Teton Village TDM program during budget deliberations to ensure subsidy levels match policy objectives.
The agreement’s approval will provide START and JHMR with budget certainty for the current fiscal year, staff said.
Action taken
Town and county both approved the motion to adopt the transit agreement. Commissioners later indicated the commission approved item C as well. Staff will implement the agreement and continue to monitor subsidy levels and program performance in coordination with START.