HomeMy WebLinkAboutminutes.council.19900507May 2, 1990
NOTICE OF SPECIAL MEETING
At the request of Mayor Stirling, there will be a special
City Council meeting Monday, May 7, 1990, at 4:00 p.m. in the City
Council Chambers, 130 South Galena, Aspen, Colorado.
The purpose of this meeting will be to discuss negotiation on
purchase of Baldwin property on HWY 82.
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Kathryn S. Koch, City Clerk
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Kathy Str ckland, Deputy Ci y Clerk
Notices delivered to:
Mayor Stirling
Councilmembers
Michael Gassman
Frank Peters
Margot Pendleton
Bill Tuite
City Manager O'Dowd
City Attorney Caswall
Sbecial Meeting Aspen City Council May 7, 1990
Mayor Stirling called the meeting to order at 4:00 p.m. with
Councilmembers Pendleton, Tuite, Gassman and Peters present.
PURCHASE OF BALDWIN PROPERTY
Councilman Peters requested Council go into executive session in
order to have a candid discussion on the value of this property to
Council. Councilman Peters said there are some problems and some
opportunities with this land.
Councilman Peters moved Council go into executive session to
discuss the acquisition of the Baldwin property; seconded by
Councilman Tuite.
Mayor Stirling pointed out there has been a lot of public discus-
sion about the purchase of this property. The terms have already
been published in the media. Councilman Peters said the new issues
are the letter from the Parks Association and research staff has
done about the LP portion of the property. Bil Dunaway said
anything that involves zoning and the planning department should
be public knowledge.
Councilmembers Gassman and Peters in favor; Councilmembers Tuite,
Pendleton and Mayor Stirling opposed. Motion NOT carried.
Dave Myler, city attorney's office, told Council he has been
negotiating with Baldwin, who would like Council to approve the
contracts. Myler said the city will have the capacity to borrow
$3,500,000 in the next 6 months on short term notes. The city has
already committed to $1,600,000 for the Hopkins property. Myler
said there is a possibility of using 6th penny funds for purchase
of some of the property as open space. Myler said there is room
for 25,000 square feet of housing.
Cindy Wilson, finance director, said purchasing this property as
well as the Hopkins properties would be pushing the limits of the
fund. Ms. Wilson said Council should consider what their goals are
for affordable housing. Ms. Wilson said borrowing from other funds
could be a problem. Councilman Tuite said there may be $600,000
in cash-in-lieu fees coming in that can be used.
Councilman Peters said the original asking price was $2,300,000,
which Council turned down. Councilman Peters said he is discuss-
ing a price of $1,450,000 for almost 2 acres of land. This land
offers a classic PUD approach. Councilman Peters said one
suggestion is to offer open space as a buffer between this
development and the ,adjacent residences. Councilman Peters said
part of this deal is that the city would process a subdivision
exemption to return a portion of the land that is zoned LP to
Baldwin. Councilman Peters said since then, it has been determined
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Special Meeting Aspen City Council May 7, 1990
that parcel C is not zoned LP. Councilman Peters suggested about
$250,000 of the purchase price might be funded from sixth penny
funds for open space. Councilman Peters said there is a letter
from the Parks Association stating this property is not high
priority as an open space acquisition.
Councilwoman Pendleton said she feels there are too many things
going against the purchase of this property. Councilman Peters
said he feels this would be an excellent site for affordable
housing. Mayor Stirling said his concerns are restricting the
future use of parcel B for 4 single family homes, and the open
space funds. Mayor Stirling said he does not feel this open space
has a broad community benefit and access. Mayor Stirling said he
also does not favor giving parcel C to Baldwin. Mayor Stirling
said he feels the deal is giving Baldwin a windfall at his asking
price of $1,650,000. Mayor Stirling agreed this is an ideal site
for affordable housing.
Councilman Peters asked if Council would consider lowering their
offer to Baldwin because they are not sure about the return of
parcel C, and sixth penny funds will not be used for the open
space. Councilman Peters said $50/square foot is about what the
city can affordable for housing, which is a total of $1,200,000.
Mayor Stirling moved to direct Frank Peters and David Myler to
continue negotiating with Harley Baldwin at a purchase price of no
more than $1,200,000 and/or whatever other variations might be
proposed; seconded by Councilman Peters.
Councilmembers Tuite, Peters and Mayor Stirling in favor; Council-
members Pendleton and Gassman opposed. Motion carried.
Council adjourned at 5:00 p.m.
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Kathryn' Koch, City Clerk
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