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HomeMy WebLinkAboutresolution.council.125-00 RESOLUTION NO. 125 (Series of 2000) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, AMENDING PREVIOUSLY SUBMITTED BALLOT QUESTIONS TO THE ELECTORATE OF THE CITY OF ASPEN AT THE NOVEMBER 7, 2000, SPECIAL ELECTION WHEREAS, the City Council adopted Resolution No. 108, Series of 2000, submitting to the electorate of the City of Aspen certain questions at the November 7, 2000, special municipal election; and WHEREAS, the City Council desires to amend the text of two of the questions as stated in Resolution No. 108, Series of 2000. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, THAT: Section 1. The "excess property taxes" question submitted to the electorate at the City's special election to be held on November 7, 2000, in accordance with Section 3 of Resolution No 108, Series of 2000, is hereby withdrawn and replaced by the following question, to authorize the City of Aspen to retain an estimated $545,000.00 in excess property taxes for fiscal year 2000, and to retain future excess property taxes, if any, in fiscal years 2001 through 2004. CITY OF ASPEN - REFERENDUM EXCESS PROPERTY TAXES. SHALL THE CITY OF ASPEN BE AUTHORIZED TO COLLECT, RETAIN, AND EXPEND, WITHOUT INCREASING ANY TAXES OR INCREASING ANY TAX RATE, AN ESTIMATED $545,000.00 OF 2000 PROPERTY TAX REVENUES IN 1 EXCESS OF THE LIMITS OF ARTICLE X, SECTION 20, OF THE COLORADO CONSTITUTION (TABOR), AND FOR THE SUBSEQUENT FISCAL YEARS OF 2001, 2002, 2003, AND 2004 WITHOUT FURTHER VOTER APPROVAL NOTWITHSTANDING THE TABOR LIMITS FOR THE PURPOSE OF CONTRIBUTING TO ENHANCEMENTS TO THE ISELIN PARK RECREATIONAL COMPLEX INCLUDING THE SWIMMING POOL, THE INCLUSION OF THE ASPEN YOUTH CENTER WITHIN THE COMPLEX, THE EXPANSION OF COMMON ELEMENTS FOR THE ADDITION OF A PRIVATELY FUNDED ICE RINK, AND TO FUND A CAPITAL RESERVE AND OPERATING FUND FOR THE FACILITIES? Section 2. The "Bass Park Property" question submitted to the electorate at the City's special eleCtion to be held on November 7, 2000, in accordance with Section 4 of Resolution No 108, Series of 2000, is hereby withdrawn and replaced by the following question, to seek direCtion to spend revenues generated by the City of Aspen new 0.5 % open space sales tax or bond proceeds, if said tax and bonding authorization measure is approved by the eleCtors on November 2000, to reimburse the City of Aspen Housing Fund for monies used, in part, for the initial purchase of the property commonly known as Bass Park. CITY OF ASPEN - REFERENDUM BASS PARK PROPERTY. If the November 2000 ballot question to increase open space sales taxes or this question fails, it is the intention of the City Council to develop the Bass property for affordable housing and to reimburse the Parks and Open Space fund the $100,000 the fund paid towards the original purchase of the property. Shall the City of Aspen be directed to purchase the Bass property from the housing fund for $3.34 million, plus interest, to ensure that the property continues to be Used as a City park if the open space sales tax question is approved by the voters? 2 INTRODUCED, READ AND ADOPTED by the City Council of the City of Aspen on the .1 lth day September 2000. Radfiel E. Richards, Mayor ~ ' I, Kathryn S. Koch, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of that resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held on the day hereinabOve stated. Kathryf. Koch, City'Clerk 3