HomeMy WebLinkAboutresolution.council.011-15 RESOLUTION NO. 11
Series of 2015
A RESOLUTION OF THE CITY OF ASPEN, COLORADO, APPROVING A PROPOSED
RELEASE AND SETTLEMENT AGREEMENT BETWEEN THE CITY AND THE ,
BURLINGAME RANCH I CONDOMINIUM ASSOCIATION, INC., REGARDING
LITIGATION KNOWN AS BURLINGAME RANCHI CONDOMINIUMASSOCIATION, INC., V
CERTAINTEED CORPORATION, ET AL., PITKIN COUNTY DISTRICT COURT CASE NO.
2012 CV 104, AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID FINAL
DOCUMENT ON BEHALF OF THE CITY OF ASPEN, COLORADO.
WHEREAS, there has been submitted to the City Council a proposed Release and
Settlement Agreement between the City of Aspen and the Burlingame Ranch I Condominium
Association, Inc., regarding the resolution of certain claims asserted in the action known as
Burlingame Ranch I Condominium Association, Inc., v. Certainteed Corporation, et al., Pitkin
County District Court Case No. 2012 CV 104; and
WHEREAS, the claims by and between the City of Aspen and the Burlingame Ranch I
Condominium Association, Inc., in the litigation known as Burlingame Ranch I Condominium
Association, Inc., v. Certainteed Corporation, et al., Pitkin County District Court Case No. 2012
CV.104, have been tentatively resolved; and
WHEREAS, after due deliberation and consideration the City Council has determined that
it is in the best interest of the City of Aspen to approve the Release and Settlement Agreement
submitted herewith.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ASPEN, COLORADO:
That the City Council of the City of Aspen hereby approves that certain proposed
Release and Settlement Agreement by and between the City of Aspen and the Burlingame Ranch I
Condominium Association, Inc., appended hereto, and does hereby authorize the City Manager of
the City of Aspen to execute a final agreement on behalf of the City of Aspen in substantially the
form attached hereto, subject to the approval of the City Manager and the City Attorney.
Dated: '25.
Steve adron, M or
1, Linda Manning, 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 January 12, 2015.
Linda Manning,City Clerk