Loading...
HomeMy WebLinkAboutresolution.council.074-03 RESOLUTION NO. 74 (Series of 2003) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, SUBMITTING TO THE ELECTORATE OF THE CITY OF ASPEN A CERTAIN QUESTION SEEKING AUTHORITY TO SELL CITY OWNED PROPERTY FOR THE CONSTRUCTION OF DEED RESTRICTED AFFORDABLE HOUSING FOR CITY EMPLOYEES. WHEREAS, the City of Aspen owns certain property, originally acquired with Open Space funds, of approximately 10,249 square feet located north of the Aspen Post Office and east of the Aspen Center for Environmental Studies with a legal description of Lots 1-3, Block 4. Lakeview Addition to the City and Township of Aspen, and commonly known as the Puppy Smith property; and WHEREAS. the City CoUncil desires to redevelop the existing property from a parcel containing a non-historic miner's cottage to a renovated cottage and the addition of a duplex to be sold or leased to qualified City of Aspen employees as deed restricted affordable housing; and WHEREAS, the Section 13.4 of the City of Aspen Home Rule Charter requires voter approval to convey City owned property. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, THAT: The following question, authorizing the City of Aspen to convey or lease the Puppy Smith property to qualified City employees as three deed restricted affordable housing tm/ts, shall be placed on the ballot at the November 4, 2003, election: Shall the City of Aspen be authorized to sell approximately 10,249 square feet of City owned property commonly known as the Puppy Smith property located north of the Aspen Post Office and east of the Aspen Center for Environmental Studies (ACES)? Said sale of City owned property shall be specifically conditioned upon the following: 1. Prior to the start of any construction, the Parks and Open Space Fund shall be reimbursed the sum of $250,000,00. 2. The subdivision of the property to accommodate the renovation of the existing non-historic miner's cottage and the construction of two new affordable housing deed restricted units of no more than a total of 3,400 square feet. 3. Two affordable housing units shall be sold or rented through the general lottery pool as deed restricted units in accordance with the Aspen/Pitkin County Affordable Housing Guidelines. The miner's cottage currently occupied by a City employee shall continue to be offered to qualified City of Aspen employees as either a sale or rental unit. 4. Prior to receiving a building permit for the project, City Council shall by resolution identify and acquire replacement property of equivalent or . greater value of the land as of the date of sale of the three affordable housing units following a public hearing taking into consideration monetary, environmental and aesthetic values. INTRODUCED, READ AND ADOPTED by the City Council of the City of Aspen on the 8th day of September 2003. Hol~erfK~lin Kl"~a~m-"d~ayor 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. JPW-9/9/2003-G:\john\wordkresos\ballo~03-puppy-smith-1 .doc