HomeMy WebLinkAboutresolution.council.006-86 RESOLUTION NO. ~ (Series of 1986)
A RESOLUTION AMENDING RESOLUTION NO. 38 (SERIES of 1985) TO
AUTHORIZE THE TERMINATION OF THAT NET GROUND LEASE, DATED MAY 12,
1981, BETWEEN THE CITY OF ASPEN (AS LESSOR) AND DAVID MOSS (AS
LESSEE), UPON PAYMENT OF $24,000.00 TO CITY
WHEREAS, the City Council adopted Resolution No. 38 (Series
of 1985) on December 16, 1985, providing for the termination of a
Net Ground Lease, dated May 12, 1981, between the City of Aspen
(as Lessor) and David Moss (as Lessee) pertaining to Lots K, L, M,
N, and the western one-half (W 1/2) of Lot O, all lying within
Block 58, City and Townsite of Aspen, Pitkin County, Colorado,
under the following conditions:
1. Payment to the City by First Federal Savings and Loan of
Newton, Kansas, in the amount of $24,000.00.
2. All outstanding rents, liens and charges be brought
current; and
WHEREAS, the City Council has determined it to be in the best
interest of the City to delete condition 92 and accept payment in
the amount of $24,000.00 from First Federal Savings and Loan of
Newton, Kansas.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO:
Section 1
That Resolution No. 38 (Series of 1985) adopted December 16,
1985, is hereby amended by the deletion of condition 92 which
requires that all outstanding rents, liens and charges be brought
current. The City Council hereby authorizes acceptance of payment
in the amount of $24,000.00 from First Federal Savings and Loan of
Newton, Kansas, as full consideration for the termination of the
above-referenced Net Ground Lease and the conveyance of a quit
claim deed to the above-described real property. The Mayor is
hereby authorized and directed to execute the appropriate deed
therefor, as approved to form by the City Attorney. Dated __ _~?~_i~ ~ // _.__, 1986.
wl~-~ra-~ L. S
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 ~-.~2~.t_~=~_2-, __, 198
Kathryn S.~och, City Clerk
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