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HomeMy WebLinkAboutresolution.council.068-99 RESOLUTION NO. ~ ._ - (Series of 1999) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, SUBMITTING TO TIIE ELECTORATE OF THE CITY OF ASPEN CERTAIN QUESTIONS AT THE NOVEMBER 2, 1999. MUNICIPAL ELECTION, AND SETTING SUCH BALLOT TITLES AND QUESTIONS. WHEREAS, Article X. Section 20(4) of the Colorado Constitution requires municipalities to obtain voter approval in advance of the creation of any multiple fiscal year direct or indirect debt or in advance of increasing taxes: and WHEREAS. the City Council is further authorized pursuant to Section 5.7 of the Aspen City Charter to, on its own motion, submit questions to a vote of the electorate; and [Questions Nos. 1 & 2, 4 & 54 - Bass Park] WHEREAS, in April. 1999. the City of Aspen purchased Bass Park for $3.4 million with the intent of seeking voter approval for a funding mechanism that would allow the City to maintain all or a portion of the property as a park; and WHEREAS, when Bass Park was purchased the City Council determined that if the electors of the City chose not to authorize a funding mechanism to maintain all or a portion the property as a park. that the property would be used for an affordable housing project to be financed from existing Affordable Housing funds; and WHEREAS, the City Council desires to ask the electors of the City of Aspen for authorization to either (a) increase existing sales taxes to finance the purchase of the entire property for use as a park; (b) increase existing sales taxes sufficient to finance the purchase of one-half (1/2) of the property to be used as a park with the remaining potion to be used for an affordable housing project: or (c) sell the property on the free market to recover the initial purchase price and thereafter reimburse the Affordable Housing/Day Care and Parks and Open Space Funds from which the original purchase price was paid: and [Question No. 3 - Excess Revenues] WHEREAS, the City of Aspen collected approximately $158,275.00 in property taxes during the 1998 fiscal year which exceeds the authorized limits established pursuant to Article X, Section 20(7) of the Colorado Constitution; and WHEREAS, Article X, Section 20(7) of the Colorado Constitution requires mumctpalities to refund excess revenues not excluded from fiscal year spending unless voters approve the revenue change as an offset: and WHEREAS, the City Council has determined that it desires to allow voters of the City of Aspen to decide whether excess revenues should be refunded to taxpayers or spent for appropriate municipal purposes; and WHEREAS. The City Council has determined that pedestrian improvements are necessary throughout the City; and WHEREAS, the City Council has determined to continue to budget for pedestrian improvements throughout the City from existing revenues, but desires to increase such expenditures by using excess revenues; and [Question No. 6 - Burlingame Ranch] WHEREAS, the City of Aspen purchased the property commonly known as the Burlingame Ranch from the Walter E. Paepcke Life Insurance Trust in January, 1997, with the intention of using the property for affordable housing and open space and accordingly Housing/Day Care Funds were used for the purchase; and WHEREAS, a lot of approximately 37 acres (of the original 219 acre Buflingame Ranch) was created through subdivision in accordance with the Pitldn County Land Use Code; and WHEREAS. the City Council desires to sell, on the free market, the 37 acre parcel so created to partially reimburse the Affordable Housing/Day Care Funds used to purchase the Buflingame Ranch; and WHEREAS, the City Council has determined that the 37 acre lot should be deed restricted before any sale to ensure that any future development on the parcel is compatible with the Aspen Area Community Plan and the surrounding neighborhood: and WHEREAS, the City Council has determined that the deed restrictions to be imposed prior to any sale should include at a minimum provisions for the following: (a) a limitation to limit development to the construction of a single family residence with an attendant accessory employee dwelling unit, (b) a limitation which includes a defined building envelop of approximately 30,000 square feet with the remaining portion of the parcel (approximately 36 acres) encumbered with a conservation easement, (c) a limitation onthe size of the allowable residence by limiting the floor area ratio (FAR) to a maximum of 5,000 square feet with the ability to increase the size up to 7,000 square feet with the purchase and designation of Pitkin County Transferable Development Rights (TDR's) at the rate of 1,000 square feet per TDR, (d) a restriction on landscaping to include provisions for xeriscaping requirements to limit the consumption of water and the identification of a fire safety zone from surrounding vegetation, and (e) a limitation on the height of any structure or building. WHEREAS, Section 13.4 of the Aspen City Charter requires voter approval for the sale of real property in use for public purposes and the City Council desires to obtain said voter approval to sell the aforementioned 37 acre parcel on the free market; and [Question No. 7 - Amendment of City Charter - Replacement of Open Space] WHEREAS. the City Council desires to seek voter approval to amend the City Charter of the City of Aspen to ensure that any voter approved sale of open space property is conditioned upon the replacement of the affected open space property with real property of equivalent, or greater, monetary, environmental and aesthetic value; and WHEREAS, Section 13.4 of the City Charter, if amended, would read as follows: Council shall not sell, exchange or dispose of public building, utilities or real property in use for public purposes, including real property acquired for open space purposes, without first obtaining the approval of a majority of the electors voting thereon. Additionally, the city council shall not cause or permit the change in use of real property acquired for open space purposes, other than for recreational, agricultural or underground easement purposes, without first obtaining the approval of a majority of the electors voting thereon. No real property acquired for open space purposes shall be sold, exchanged, disposed of, or converted to other uses other than for recreational, agricultural or underground easement purposes, unless such open space is replaced within six months with another open space property of equivalent or greater value as of the date Of sale or conversion as determined by the city council by resolution following a public hearing taking into consideration monetary, environmental, and aesthetic values. and WHEREAS, Section 13.10 of the Aspen City Charter authorizes the amendment of the Aspen City Charter at any time in the manner provided by the Colorado Constitution; and WHEREAS, Article X, Section 9, of the Colorado Constitution vests in the registered voters of the City of Aspen the power to adopt, amend or repeal their Home Rule Charter. 4 [Question No. 8 - Smuggler Area Undergrounding District Bond Question] WHEREAS, the City Council received a petition from residents of the Smuggler area of the City of Aspen seeking the formation of a speciai improvement district for the conversion and undergrounding of electric and telecommunications service lines within the proposed district and said petition was signed by approximately 79% of the affecWd property owners; and WHEREAS, the City Council adopted Resolution No, 37, Series of 1998, which declared that the formation of the Smuggler Area Undergrounding District will promote the public convenience, necessity and welfare; and WHEREAS, Holy Cross Electric Association. U.S.West/Qwest Communications. and AT&T have offered to cooperate and/or pay for the major cost of burying their primary electric, telephone and cable ut'dity systems within the improvement district: and WHEREAS, the City Council on August 9, 1999, adopted Resolution No. 65. Series of 1999, declaring its intention to form the Smuggler Area Undergrounding District and established August 30, 1999, as the date for a public hearing; and WHEREAS, the City Council anticipates that following the public hearing on August 30. 1999, it will be presented with resolution to formally create the Smuggler Area Undergrounding District: and WI-[EREAS, the resolution that is anticipated may call for the issuance of special assessment local improvement bonds pursuant to the City Charter. Chapter 19 of the Aspen Municipal Code, and Section 29-8-129, C.R.S., for the purpose of paying all or such portion of the cost of the ~mprovements to be constructed as may be assessed against property specially benefited; and NOW. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN. COLORADO, THAT: Section 1. The following question, seeking authorization to increase sales taxes by an amount sufficient to finance the total cost of purchasing Bass Park for use of the property entirely as a public park, shall be placed on the ballot at the City's special election to be held on November 2, 1999: CITY OF ASPEN BALLOT QUESTION NO. - .... AUTHORIZATION TO INCREASE CITY OF ASPEN SALES TAXES BY .21% FOR FIVE YEARS TO FINANCE THE PURCHASE OF BASS PARK FOR USE OF THE PROPERTY ENTIRELY AS A PUBLIC PARK. SHALL CITY OF ASPEN TAXES BE INCREASED UP TO $960,780.00 ANNUALLY BY THE IMPOSITION OF AN ADDITIONAL .21% SALES TAX COMMENCING ON JANUARY 1, 2000, AND TERMINATING ON DECEMBER 31, 2004. TO REIMBURSE THE CITY'S COST OF $3,400,000. 00 WHICH IT PAID FOR THE PARK IN 1999, FOR USE OF SAID PROPERTY ENTIRELY AS A PUBLIC PARK: AND SHALL THE CITY OF ASPEN BE ENTITLED TO COLLECT AND SPEND THE FULL REVENUES FROM SUCH TAX INCREASE REGARDLESS OF WHETHER THE ANNUAL REVENUES FROM SUCH TAX INCREASE IN ANY YEAR AFTER THE FIRST FULL YEAR IN WHICH IT IS IN EFFECT EXCEED THE ESTIMATED DOLLAR AMOUNT STATED ABOVE AND WITHOUT ANY OTHER LIMITATION OR CONDITION, AND WITHOUT LIMITATING THE COLLECTION OR SPENDING OF ANY REVENUES OR FUNDS BY THE CITY OF ASPEN. UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? Section 2. The following question, seeking authorization to increase sales taxes by an amount sufficient to finance the one-half of the total cost of purchasing Bass Park for use of one-half of the property as a public park and the remaining half of the Park for an affordable housing project, shall be placed on the ballot at the City's special election to be held on November 2, 1999: CITY OF ASPEN BALLOT QUESTION NO. - .... AUTHORIZATION TO INCREASE CITY OF ASPEN SALES TAXES BY .105% FOR FIVE YEARS TO FINANCE ONE-~ OF THE PURCHASE OF BASS PARK FOR USE OF ONE-HALF OF THE PROPERTY AS A PUBLIC PARK AND THE REMAINING HALF FOR AN AFFORDABLE HOUSING PROJECT. SHALL CITY OF ASPEN TAXES BE INCREASED UP TO $480,390.00 ANNUALLY BY THE IMPOSITION OF AN ADDITIONAL .105% SALES TAX COMMENCING ON JANUARY 1, 2000, AND TERMINATING ON DECEMBER 31, 2004, TO REIMBURSE ONE HALF OF THE CITY'S COST OF $3,400,000.00 WHICH IT PAID FOR THE PARK IN 1999, FOR USE OF ONE- HALF OF SAID PROPERTY AS A PUBLIC PARK AND THE REMAINING HALF LOCATED ON THE WESTERN SIDE OF THE PROPERTY TO BE DEVELOPED AS AN AFFORDABLE HOUSING PROJECT; AND SHALL THE CITY OF ASPEN BE ENTITLED TO COLLECT AND SPEND THE FULL REVENUES FROM SUCH TAX INCREASE REGARDLESS OF WHETHER THE ANNUAL REVENUES FROM SUCH TAX INCREASE IN ANY YEAR AFTER THE FIRST FULL YEAR IN WHICH IT IS IN EFFECT EXCEED THE ESTIMATED DOLLAR AMOUNT STATED ABOVE AND WITHOUT ANY OTHER LIMITATION OR CONDITION, AND WITHOUT LIMITATING THE COLLECTION OR SPENDING OF ANY REVENUES OR FUNDS BY THE CITY OF ASPEN, UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? Section 3. The following question, authorizing the City of Aspen to retain an estimated $158,275.00 in excess property taxes, shall be placed on the ballot at the CitY's special election to be held on November 2, 1999: CITY OF ASPEN BALLOT QUESTION NO. - .... AUTHORIZATION TO SPEND $158,275.00 IN EXCESS PROPERTY TAXES SHALL THE CITY OF ASPEN BE AUTHORIZED TO SPEND, WITHOUT INCREASING TAXES, AN ESTIMATED $158,275.00 IN EXCESS 1998 PROPERTY TAX REVENUES, FOR PEDESTRIAN IMPROVEMENTS THROUGHOUT THE CITY OF ASPEN, INCLUDING, BUT NOT LIMITED 7 TO, NEW SIDEWALKS AND TRAILS LINKING RESIDENTIAL AREAS TO DOWNTOWN, FILLING IN MISSING SIDEWALK LINKS AND ADDING PEDESTRIAN AMENITIES SUCH AS BENCHES AND LIGHTING AS MAY RECOMMENDED BY AFFECTED NEIGHBORHOODS, AND WITHOUT NECESSARILY REDUCING CURRENTLY BUDGETED EXPENDITURES FOR SUCH IMPROVEMENTS? Section 4. The following question, seeking authorization to sell Bass Park to the free market, shall be placed on the ballot at the City, s special election to be held on November 2, 1999: CITY OF ASPEN BALLOT QUESTION NO. - .... AUTHORIZATION TO SELL BASS PARK. Shall the City be authorized to sell Bass Park on the free market provided that prior to any such sale the property is deed restricted to development authorized within the Affordable Housing Zone District (70% housing meeting the City's Affordable Housing Guidelines and 30% free market development)? Section 5. The following question, seeking authorization to develop the entire Bass Park as an affordable housing project, shall be placed on the ballot at the City's special election to be held on November 2, 1999: CITY OF ASPEN BALLOT QUESTION NO. - .... AUTHORIZATION TO DEVELOP THE ENTIRE BASS PARK AS AN AFFORDABLE HOSUING PROJECT. Shall the City be authorized to develop the entire site of Bass Park as an affordable housing project to be subsidized by the Housing Day Care Fund? Section 6. The following question, authorizing the City of Aspen to sell approximately 37 acres of the Buflingame Ranch on the free market, shall be placed on the ballot at the City's special election to be held on November 2, 1999: CITY OF ASPEN BALLOT QUESTION NO. - .... AUTHORIZATION TO SELL 37 ACRE PARCEL OF BURLINGAME RANCH Shall the City of Aspen be authorized to sell on the free market a 37 acre lot located adjacent to the West Buttermilk Subdivision to reimburse the City's Affordable Housing/Day Care Fund which was used to purchase the 219 acre Burlingame Ranch for affordable housing, provided that prior to any sale, the lot is deed restricted to limit the potential development of the site to ensure compatibility of any future development to the surrounding neighborhood; said restrictions to include (a) a single family residence with and attendant occupied employee accessory dwelling unit, (b) an identified building envelop of approximately 30,000 square feet with the remaining 36 acre portion of the parcel encumbered by a conservation easement. (c) a limitation on the size of the allowable residence by limiting the floor area ratio (FAR) up to 5,000 sq. ft. or up to 7,000 sq. ft. with the purchase and designation of Pitkin County Transferable Development Rights (TDR's); (d) a height limitation on any buildings of feet, and (e) landscaping limitations to include xeriscaping and fire safety protection zones? Section 7. The following question, amending the City Charter of the City of Aspen to require the sale or conversion of open space to be conditioned upon approval by the electorate and the replacement of the open space with property that ~s equivalent in monetary, environmental and aesthetic values, shall be placed on the ballot at the City's special election to be held on November 2, 1999: CITY OF ASPEN BALLOT QUESTION No. - .... AMENDMENT TO ARTICLE 13.4 OF THE CITY OF ASPEN HOME RULE CHARTER REQUIRING ANY OPEN SPACE THAT IS SOLD OR CONVERTED TO OTHER USES TO BE REPLACED WITH PROPERTY OF EQUIVALENT VALUE. Shall section 13.4 of the City of Aspen Home Rule Charter be amended by the addition of the following language to said section? No real property acquired for open space purposes shall be sold. exchanged, disposed of, or converted to other uses other than for recreational, agricultural or underground easement purposes, unless such open space is replaced within six months with other open space property of equivalent or greater value as of the date of sale or conversion as determined by the city council by resolution following a public hearing taking into consideration monetary, environmental, and aesthetic values. 9 Section 8. The following question, authorizing the City of Aspen to ~ssue special assessment local improvement bonds in an aggregate principal amount of not to exceed $885,011.00 for payment of all or such portion of the cost of the improvements to be constructed and assessed against property specially benefited within the Smuggler Area Undergrounding District, and authorizing the receipt and expenditure of bond proceeds, shall be placed on the ballot at the City's special election to be held on November 2, 1999: CITY OF ASPEN BALLOT QUESTION NO. - .... AUTHORIZATION TO INCREASE CITY OF ASPEN DEBT AND FOR THE ISSUANCE OF SPECIAl, ASSESSMENT LOCAL IMPROVEMENT BONDS FOR THE SMUGGLER AREA UNDERGROUNDING DISTRICT SHALL CITY OF ASPEN DEBT BE INCREASED UP TO $ ~ .~.'5...q-~;~o~. WITH A REPAYMENT COST OF UP TO $ ~. ~-~ .~,~ , TO BE PAID BY THE AFFECTED PROPERTY OWNEi~S O~ THE DISTRICT, BY THE ISSUANCE OF SPECIAL ASSESSMENT LOCAL IMPROVEMENT BONDS, TO FINANCE THE BURYING OF UTILITIES IN THE AREA COMMONLY KNOWN AS SMUGGLER AREA UNDERGROUNDING DISTRICT; SUCH BONDS TO HAVE SUCH OTHER TERMS. CONDITIONS, COVENANTS AND DETAILS AS THE CITY COUNCIL MAY DETERMINE, INCLUDING THE OPTION FOR REDEMPTION OF THE BONDS PRIOR TO MATURITY WITH OR WITHOUT THE PAYMENT OF A PREMIUM; AND, IN CONNECTION THEREWITH, SHALL THE CITY BE AUTHORIZED TO MAKE ASSESSMENTS AGAINST PROPERTIES BENEFITED. AND ANY EARNINGS (REGARDLESS OF AMOUNT) FROM THE INVESTMENT OF THE PROCEEDS OF SUCH BONDS CONSTITUTE A VOTER-APPROVED REVENUE CHANGE? INTRODUCED, READ AND ADOPTED by the City Council of the City of Aspen °nthec~ day°f ~999' [ Rachel E. Richards,~,layor ' 10 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. Kate. Koch, City Clerl~ JP~-08fil~8/99-\\~con~g~ ons~aspat~omcy\j ohn \word~'esos\ballot99 - 11 -b.doc 11