HomeMy WebLinkAboutresolution.council.073-25RESOLUTION 7T073
(Series of 2025)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO,
APPROVING RESIDENTIAL CONTRACTS TO PURCHASE AND SELL CITY OWNED
REAL PROPERTY TO CITY EMPLOYEES SUBJECT TO CERTAIN OCCUPANCY AND
RESALE DEED RESTRICTIONS FOR SAID PROPERTIES, AND AUTHORIZING THE
CITY MANAGER OR WRITTEN DESIGNEE TO EXECUTE SAID AGREEMENTS AND
DOCUMENTS ON BEHALF OF THE CITY OF ASPEN, COLORADO,
WHEREAS, the City of Aspen owns certain real properties within and without its
corporate limits; and
WHEREAS, Section 1.4 of the Home Rule Charter for the City of Aspen, Colorado
authorizes the City of Aspen to sell, lease, mortgage, hold, manage, and control such property
as its interests may requires and
WHEREAS, the City of Aspen, in furtherance of its policy of assisting its employees in
securing affordable housing, has indicated its willingness to have real properties purchased by
existing City employees subject to certain conditions and restrictions; and
WHEREAS, the buyers of said properties are employees of the City of Aspen and have
indicated a desire to purchase said properties from the City; and
WHEREAS, the property will continue to be part of the City of Aspen internal housing
program to assist in critical recruitment and retention of an exceptional workforce; and
WHEREAS, the sale and purchase of said units shall be subject to certain occupancy
and resale deed restrictions, and
WHEREAS, the City Council finds and determines that it is in the best interest of the
City of Aspen to approve this Resolution and sell certain real property as set forth in the Real
Estate Contract(s) and City of Aspen Occupancy and Resale Deed Restriction, Agreement and
Covenant(s) from time to time.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
ASPEN, COLORADO:
l .Recitals: The foregoing recitals are incorporated herein as findings of the Aspen City
Council.
2. Real Estate Contract(sl and Resale Deed Restriction, Agreement and Covenant(s)
The Aspen City Council hereby approves the certain Real Estate Contract(s) and City of Aspen
Occupancy and Resale Deed Restriction, Agreement and Covenant(s) that may be presented
from this day forward and authorizes the City Manager, Interim City Manager, or their written
designee to execute said agreements and take all actions pursuant to same to effectuate the
sale of the real property, including any documents required by a title company, and to take
other required actions related to the sale of the real property, following consultation with
the City Attorney. The Aspen City Council further authorizes the City Manager, Interim
City Manager or their written designee, upon consultation with and recommendation of the
City Attorney, to make any amendments to the Real Estate Contract(s) and/or the Resale
Deed Restriction, Agreement and Covenant(s) that are reasonably necessary for the purchase
and/or sale of the Property or to terminate the contract(s), without further approval of the
Aspen City Council.
3. Ratification of Actions. All actions heretofore taken, not inconsistent with the
provisions of this Resolution, by the Aspen City Council and the officers, agents, and
employees of the City of Aspen relating to the subject matter of this Resolution, are hereby
ratified, approved and confirmed.
4. Severability. If any provision of the Resolution is found to be unconstitutional or
unlawful, such finding shall only invalidate that part or portion found to violate the law. All
other provisions shall be deemed severable and shall continue in full force and effect.
RESOVLED, APPROVED, AND ADOPTED FINALLY by the City Council of the
City of Aspen on the 13th day of May, 2025.
CITY OF ASPEN, COLORADO
Rachael Ric hards, Ma or
ATTEST:
I, Nicole Henning, 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 herein above stated.
Nicole Henning, City Clerk