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HomeMy WebLinkAboutresolution.council.021-87 RgSOIi~ION NO. ~{ (SERIES OF 1987) A RESOLUTION ELIMINATING THE UNALLOCATED THIRTY-NINE (39) RESIDENTIAL UNITS FROM THE 1985 AND 1986 GROWTH MANAGEMENT QUOTA WHEREAS, the annual residential growth management quota within the City of Aspen is established by Section 24-11.1(a) of the Municipal Code at thirty-nine (39) residential units; and WHEREAS, as a result of deductions from the quota due to growth management quota exemptions, allowed pursuant to Section 24-11.2 of the Municipal Code, the residential quota available for allocation in 1986 was twenty-two (22) units ; and WHEREAS, eighteen (18) residential units from the 1986 quota were alloted to the 1010 Ute Avenue project and the 700 E. Hyman project through City Council Resolution #4 of 1987; and WHEREAS, as a result of no action having been taken on unallocated residential units from 1985, thirty-five (35) units remain available; and WHEREAS, there are a total of thirty-nine (39) residential units unallocated that may be carried over to the 1987 resident- ial growth management competition; and WHEREAS, pursuant to Section 24-11.4(g) of the Municipal code, City Council has the discretion to carry-over, eliminate or take no action on the available GMP quota from past years; and WHEREAS, at a regular meeting of August 10, 1987 Council determined that the unused 1985 and 1986 residential quota should not be carried over because the City has been experiencing a moderate rate of residential growth through allotment and exempt development activity, additional quota deductions for employee housing conversions from lodge to residential dormitory are not anticipated this year, approved but not yet built residential and lodge projects are expected to soon cause further growth impacts that have not yet been manifested, and the available quota in 1987 is adequate for anticipated growth needs. NOW, THEREFORE, BE IT RESOLVED by the City Council of Aspen, Colorado that the thirty-nine (39) residential units which remain unallocated from 1985 and 1986 are hereby eliminated. Dated: ~~~ /4 , 1987. I, Kathryn S. Koch, duly appointed and acting City Clerk of the city of Aspen, Colorado, hereby certify that the foregoing is a true and accurate copy of that resolution adopted by the city Council of the city~ Colorado, at a meeting held on the _9~ day of , 197. Kath~/n S~och, City Clerk reso2 2