HomeMy WebLinkAboutresolution.council.017-88
RESOLUTION NO. /1
(Series of 1988)
A RESOLUTION SUBMITTING TO A VOTE OF THE REGISTERED ELECTORS OF
THE CITY OF ASPEN, AT A SPECIAL MUNICIPAL ELECTION TO BE HELD
AUGUST 9, 1988, QUESTIONS CONCERNING IMPOSITION OF AN ADDITIONAL
ONE-QUARTER PERCENT (.25%) SALES TAX FOR PARKING FACILITIES,
ISSUANCE OF BONDS TO FUND PARKING FACILITIES, USE OF MAROLT, KOCH
AND RED ROOF INNS PROPERTY FOR EMPLOYEE HOUSING/MAA PURPOSES,
EXCHANGE OF A PORTION OF THE RIO GRANDE PROPERTY WITH DRACO, INC.
D/B/A CAP'S AUTO SUPPLY, LEASE OF ZOLINE PARCEL FOR GOLF COURSE
PURPOSES
WHEREAS, pursuant to Section 5.7 of the City Charter the
City Council desires to submit to the registered voters of the
City questions concerning imposition of an additional one-quarter
percent (.25%) sales tax for parking facilities, issuance of
bonds to fund parking facilities, use of Marolt, Koch and Red
Roof Inns property for employee housing purposes, exchange of a
portion of the Rio Grande Property with Draco, Inc. d/b/a Cap's
Auto Supply, lease of Zoline parcel for golf course purposes
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO:
Section 1
That at the special election to be held in the City of
Aspen, Colorado, on Tuesday, August 9, 1988, there shall be
submitted to a vote of the registered electors of the City the
following questions:
'-
QUESTION NO.1
ISSUANCE OF BONDS AND ADOPTION OF QUARTER PENNY SALES TAX TO
FUND CONSTRUCTION OF PARKING FACILITY.
"Should the City of Aspen, Colorado, issue its interest-
bearing bonds, in one or more series, in an aggregate
principal amount not to exceed $6.5 million, payable solely
from the revenues derived from the increase in sales tax
referenced below, for the purposes of (i) acquiring any
necessary interest in land at the Rio Grande site, and
constructing a parking structure at such location, together
with all necessary incidental appurtenant facilities,
structures, furnishings and equipment, (ii) funding a
reserve for paYment of said bonds and/or paYment of operat-
ing costs of said bonds; and said bonds to bear interest at
a net effective interest rate not to exceed 10% to mature
not later than twenty (20) years after their issuance and to
be issued and sold in such manner upon such terms and
conditions and with such covenant agreement and redemption
features as the City Council may deem; and in connection
therewith impose an additional one-quarter percent (.25%)
sales tax pursuant to Ordinance No. 24, (Series of 1988),
the revenues from which will be used to pay principal of and
interest on said bonds and for purposes of constructing said
parking facility on the Rio Grande property including space
for transportation-related services, paving a new street to
connect Mill and Spring Streets, paving for the surface
parking which remains outside of the parking facility on the
site, landscaping the roof and other capital improvements
surrounding the site, all necessary incidental appurtenant
facilities, structures, furnishings and equipment, land
acquisition, general operation purposes and such other
purposes set forth in said Ordinance No. 24?"
QUESTION NO.2
EXCHANGE OF A PORTION OF THE RIO GRANDE PROPERTY FOR A
PORTION OF PROPERTY CURRENTLY OWNED BY DRACO, INC. D/B/A
CAP'S AUTO SUPPLY.
"Pursuant to Section 13.4 of the City Charter shall the City
Council be authorized to sell, exchange or otherwise
dispose of a portion of the City-owned Rio Grande parcel
(generally bounded on the west by Mill Street and the east
by Spring Street) not more than 2,400 square feet fora
portion of property currently owned by Draco, Inc. d/b/a
Cap's Auto Supply, in order to create more regular shaped
2
properties for both the City and Cap's Auto Supply, and
accommodate present and future functional efficiencies of
both properties?"
QUESTION NO.3
USE OF THE SOUTHEAST PORTION OF THE MAROLT PROPERTY FOR
EMPLOYEE/MAA HOUSING PURPOSES.
"Pursuant to section 13.4 of the City Charter shall the City
Council be authorized to use the southeast portion of that
City-owned property commonly known as 'the Marolt parcel'
for employee/MAA housing purposes within the following para-
meters: A project of not more than one hundred twenty-five
thousand (125,000) square feet in size comprising not more
than two hundred (200) rooms and accessory facilities? Said
parcel is generally bounded on the south for approximately
one hundred fifty (150) feet by Castle Creek Road, thence
northerly approximately one thousand three hundred (1,300)
feet, forming a rectangle approximately two hundred ninety
(290) feet wide, located on the plateau above and alongside
of and to the west of Castle Creek, in the City of Aspen.
Said parcel is specifically described in that deed recorded
in Book 449 at Page 558, Pitkin County records."
QUESTION NO.4
USE OF THE RED ROOF INNS PROPERTY FOR EMPLOYEE/MAA HOUSING
PURPOSES.
"Shall the real property and improvements thereon, commonly
known as the 'Red Roof Inn', located at 22475 State Highway
82, in the City of Aspen in addition to currently approved
uses, also be used for emp1oyee/MAA housing purposes?
Conceptually, such employee housing may be available as
needed to satisfy future housing requirements of the City of
Aspen and Pitkin County, including housing for the Music
Associates of Aspen. Said property is also described as Lot
2, The Aspen Golf Course SUbdivision, as shown on the plat
thereof recorded in Plat Book 17, at Page 34, Pitkin County
records. The use will be on such terms and conditions as
determined by ordinance of the City Council."
3
QUESTION NO.5
EXPANSION OF THE IMPROVEMENTS FOR EMPLOYEE/MAA HOUSING ON
RED ROOF INN PROPERTY.
"Shall the City Council be authorized to permit an expansion
in a northerly or easterly direction of the improvements
currently on that property commonly known as the 'Red Roof
Inn' located at 22475 state Highway 82, in the City of Aspen
for emp1oyee/MAA housing purposes, within the following
parameters: A project of not more than seventy-five thousand
(75,000) square feet in size comprising not more than an
additional one hundred (100) rooms and accessory facilities?
Said parcel is also described as Lot 2, The Aspen Golf
Course SUbdivision, as shown on the plat thereof recorded in
Plat Book 17 at Page 34, Pitkin County records."
QUESTION NO.6
USE OF THE SOUTHERLY PORTION OF THE KOCH LUMBER PARK
PROPERTY FOR EMPLOYEE/MAA HOUSING PURPOSES.
"Pursuant to Section 13.4 of the City Charter shall the City
Council be authorized to use the southerly portion of that
City-owned park property commonly known as the 'Koch Lumber
Park property' for employee/MAA housing purposes within the
following parameters: A project of not more than seventy-
five thousand square feet in size comprising one hundred
(100) units and accessory facilities? Said parcel is
generally bounded by Garmish Street and Cooper Avenue in the
City of Aspen and is the rear portion of that property
depicted as the Koch Lumber Subdivision on the plat recorded
in Plat Book 17 at Page 76, Pitkin County records."
QUESTION NO.7
LEASE OF ZOLINE OPEN SPACE PARCEL FOR GOLF PURPOSES IN
CONJUNCTION WITH PROPOSED SALE OF RED ROOF INNS PROPERTY
"Pursuant to Section 13.4 of the City Charter shall the City
Council be authorized in conjunction with the proposed sale
of the Red Roof Inns property to lease long term all or a
portion of the real property recently acquired for open
space purposes by the City from the Zoline Foundation
located on State Highway 82 West of Aspen across from the
Tiehack Road for use as a golf course? The rent proceeds
shall be restricted to the sixth penny open space fund and
the retirement of debt in connection with open space
4
purchases. The terms of the lease shall retain all season
uses for trails and will require that said golf course shall
be available for use to the general public. Such lease will
be approved by ordinance of the city Council. Said parcel
is specifically described in the deed recorded in Book 543
Page 408, Pitkin County records."
Section 2
There shall be one municipal election precinct for the
aforesaid election. The polling place shall be at the Upper
Elementary School, 110 East Hallam, Aspen, Colorado.
Section 3
The aforesaid special election shall be conducted by the
judges and clerks who shall be designated by the City Clerk with
the approval of the City Council of the City of Aspen.
The provision for the registration of electors and for
voting by absentee ballot on the question shall be in accordance
with the Colorado Municipal Election Law.
The votes at said election shall be registered on electronic
voting machines at the polling place. The ballot label shall
read as follows:
QUESTION NO.1
ISSUANCE OF BONDS AND ADOPTION OF QUARTER PENNY SALES TAX TO
FUND CONSTRUCTION OF PARKING FACILITY.
"Should the City of Aspen, Colorado, issue its interest-
bearing bonds, in one or more series, in an aggregate
principal amount not to exceed $6.5 million, payable solely
from the revenues derived from the increase in sales tax
referenced below, for the purposes of (i) acquiring any
necessary interest in land at the Rio Grande site, and
constructing a parking structure at such location, together
with all necessary incidental appurtenant facilities,
5
structures, furnishings and equipment, (ii) funding a
reserve for payment of said bonds and/or payment of operat-
ing costs of said bonds; and said bonds to bear interest at
a net effective interest rate not to exceed 10% to mature
not later than twenty (20) years after their issuance and to
be issued and sold in such manner upon such terms and
conditions and with such covenant agreement and redemption
features as the City council may deem; and in connection
therewith impose an additional one-quarter percent (.25%)
sales tax pursuant to Ordinance No. 24, (Series of 1988),
the revenues from which will be used to pay principal of and
interest on said bonds and for purposes of constructing said
parking facility on the Rio Grande property including space
for transportation-related services, paving a new street to
connect Mill and Spring Streets, paving for the surface
parking which remains outside of the parking facility on the
site, landscaping the roof and other capital improvements
surrounding the site, all necessary incidental appurtenant
facilities, structures, furnishings and equipment, land
acquisition, general operation purposes and such other
purposes set forth in said Ordinance No. 24?"
QUESTION NO.2
EXCHANGE OF A PORTION OF THE RIO GRANDE PROPERTY FOR A
PORTION OF PROPERTY CURRENTLY OWNED BY DRACO, INC. D/B/A
CAP'S AUTO SUPPLY.
"Pursuant to Section 13.4 of the City Charter shall the City
Council be authorized to sell, exchange or otherwise
dispose of a portion of the City-owned Rio Grande parcel
(generally bounded on the west by Mill Street and the east
by Spring street) not more than 2,400 square feet for a
portion of property currently owned by Draco, Inc. d/b/a
Cap's Auto Supply, in order to create more regular shaped
properties for both the City and Cap's Auto Supply, and
accommodate present and future functional efficiencies of
both properties?"
QUESTION NO.3
USE OF THE SOUTHEAST PORTION OF THE MAROLT PROPERTY FOR
EMPLOYEE/MAA HOUSING PURPOSES.
"Pursuant to Section 13.4 of the City Charter shall the City
Council be authorized to use the southeast portion of that
City-owned property commonly known as 'the Marolt parcel'
for employee/MAA housing purposes within the following para-
6
meters: A project of not more than one hundred twenty-five
thousand (125,000) square feet in size comprising not more
than two hundred (200) rooms and accessory facilities? Said
parcel is generally bounded on the south for approximately
one hundred fifty (150) feet by Castle Creek Road, thence
northerly approximately one thousand three hundred (1,300)
feet, forming a rectangle approximately two hundred ninety
(290) feet wide, located on the plateau above and alongside
of and to the west of Castle Creek, in the City of Aspen.
Said parcel is specifically described in that deed recorded
in Book 449 at Page 558, Pitkin County records."
QUESTION NO.4
USE OF THE RED ROOF INNS PROPERTY FOR EMPLOYEE/MAA HOUSING
PURPOSES.
"Shall the real property and improvements thereon, commonly
known as the 'Red Roof Inn', located at 22475 State Highway
82, in the City of Aspen in addition to currently approved
uses, also be used for employee/MAA housing purposes?
Conceptually, such employee housing may be available as
needed to satisfy future housing requirements of the City of
Aspen and Pitkin County, including housing for the Music
Associates of Aspen. Said property is also described as Lot
2, The Aspen Golf Course Subdivision, as shown on the plat
thereof recorded in Plat Book 17, at Page 34, Pitkin County
records. The use will be on such terms and conditions as
determined by ordinance of the City Council."
QUESTION NO.5
EXPANSION OF THE IMPROVEMENTS FOR EMPLOYEE/MAA HOUSING ON
RED ROOF INN PROPERTY.
"Shall the City Council be authorized to permit an expansion
in a northerly or easterly direction of the improvements
currently on that property commonly known as the 'Red Roof
Inn' located at 22475 State Highway 82, in the city of Aspen
for employee/MAA housing purposes, within the following
parameters: A project of not more than seventy-five thousand
(75,000) square feet in size comprising not more than an
additional one hundred (100) rooms and accessory facilities?
Said parcel is also described as Lot 2, The Aspen Golf
Course Subdivision, as shown on the plat thereof recorded in
Plat Book 17 at Page 34, Pitkin County records."
7
---
QUESTION NO.6
USE OF THE SOUTHERLY PORTION OF THE KOCH LUMBER PARK
PROPERTY FOR EMPLOYEE/MAA HOUSING PURPOSES.
"Pursuant to section 13.4 of the City Charter shall the City
Council be authorized to use the southerly portion of that
City-owned park property commonly known as the 'Koch Lumber
Park property' for employee/MAA housing purposes within the
following parameters: A project of not more than seventy-
five thousand square feet in size comprising one hundred
(100) units and accessory facilities? Said parcel is
generally bounded by Garmish Street and Cooper Avenue in the
City of Aspen and is the rear portion of that property
depicted as the Koch Lumber Subdivision on the plat recorded
in Plat Book 17 at Page 76, Pitkin County records."
QUESTION NO.7
LEASE OF ZOLINE OPEN SPACE PARCEL FOR GOLF PURPOSES IN
CONJUNCTION WITH PROPOSED SALE OF RED ROOF INNS PROPERTY
"Pursuant to section 13.4 of the City Charter shall the City
Council be authorized in conjunction with the proposed sale
of the Red Roof Inns property to lease long term all or a
portion of the real property recently acquired for open
space purposes by the City from the Zoline Foundation
located on State Highway 82 West of Aspen across from the
Tiehack Road for use as a golf course? The rent proceeds
shall be restricted to the sixth penny open space fund and
the retirement of debt in connection with open space
purchases. The terms of the lease shall retain all season
uses for trails and will require that said golf course shall
be available for use to the general public. Such lease will
be approved by ordinance of the City Council. Said parcel
is specifically described in the deed recorded in Book 543
Page 408, Pitkin County records."
On each voting machine there shall be spaces which will
permit the elector to indicate his or her vote "FOR THE QUESTION"
or "AGAINST THE QUESTION".
8
section 4
Notice of the election on the proposed question shall be
published in the Aspen Times, a newspaper published and of
general circulation in said City, and the edition of said
newspaper dated
, 1988, and a copy of such
Notice shall be posted in the office of the City Clerk at least
ten (10) days before the election. The City Clerk is hereby
charged with the duty of giving Notice of the election, the
questions to be submitted, as hereinabove provided, which notice
shall be in sUbstantially the following form:
"PUBLIC NOTICE OF THE SUBMISSION OF A PROPOSED QUES-
TIONS TO THE VOTERS OF THE CITY OF ASPEN, COLORADO, AT
THE SPECIAL ELECTION TO BE HELD IN THE CITY ON TUESDAY,
AUGUST 9, 1988
PUBLIC NOTICE IS HEREBY GIVEN THAT, at the special election
to be held in the City of Aspen on Tuesday, August 9, 1988,
between the hours of 7 a.m. and 7 p.m., there will be submitted a
proposed questions to the registered electors of the City as
follows:
QUESTION NO.1
ISSUANCE OF BONDS AND ADOPTION OF QUARTER PENNY SALES TAX TO
FUND CONSTRUCTION OF PARKING FACILITY.
"Should the City of Aspen, Colorado, issue its interest-
bearing bonds, in one or more series, in an aggregate
principal amount not to exceed $6.5 million, payable solely
from the revenues derived from the increase in sales tax
referenced below, for the purposes of (i) acquiring any
necessary interest in land at the Rio Grande site, and
constructing a parking structure at such location, together
with all necessary incidental appurtenant facilities,
structures, furnishings and equipment, (ii) funding a
reserve for payment of said bonds and/or payment of operat-
ing costs of said bonds; and said bonds to bear interest at
a net effective interest rate not to exceed 10% to mature
9
not later than twenty (20) years after their issuance and to
be issued and sold in such manner upon such terms and
conditions and with such covenant agreement and redemption
features as the City Council may deem; and in connection
therewith impose an additional one-quarter percent (.25%)
sales tax pursuant to Ordinance No. 24, (Series of 1988),
the revenues from which will be used to pay principal of and
interest on said bonds and for purposes of constructing said
parking facility on the Rio Grande property including space
for transportation-related services, paving a new street to
connect Mill and Spring Streets, paving for the surface
parking which remains outside of the parking facility on the
site, landscaping the roof and other capital improvements
surrounding the site, all necessary incidental appurtenant
facilities, structures, furnishings and equipment, land
acquisition, general operation purposes and such other
purposes set forth in said Ordinance No. 24?"
QUESTION NO.2
EXCHANGE OF A PORTION OF THE RIO GRANDE PROPERTY FOR A
PORTION OF PROPERTY CURRENTLY OWNED BY DRACO, INC. D/B/A
CAP'S AUTO SUPPLY.
"Pursuant to Section 13.4 of the City Charter shall the City
Council be authorized to sell, exchange or otherwise
dispose of a portion of the City-owned Rio Grande parcel
(generally bounded on the west by Mill Street and the east
by Spring Street) not more than 2,400 square feet for a
portion of property currently owned by Draco, Inc. d/b/a
Cap's Auto Supply, in order to create more regular shaped
properties for both the City and Cap's Auto Supply, and
accommodate present and future functional efficiencies of
both properties?"
QUESTION NO.3
USE OF THE SOUTHEAST PORTION OF THE MAROLT PROPERTY FOR
EMPLOYEE/MAA HOUSING PURPOSES.
"Pursuant to Section 13.4 of the City Charter shall the City
Council be authorized to use the southeast portion of that
City-owned property commonly known as 'the Marolt parcel'
for employee/MAA housing purposes within the following para-
meters: A project of not more than one hundred twenty-five
thousand (125,000) square feet in size comprising not more
than two hundred (200) rooms and accessory facilities? Said
parcel is generally bounded on the south for approximately
10
one hundred fifty (150) feet by Castle Creek Road, thence
northerly approximately one thousand three hundred (1,300)
feet, forming a rectangle approximately two hundred ninety
(290) feet wide, located on the plateau above and alongside
of and to the west of Castle Creek, in the City of Aspen.
Said parcel is specifically described in that deed recorded
in Book 449 at Page 558, pitkin County records."
QUESTION NO.4
USE OF THE RED ROOF INNS PROPERTY FOR EMPLOYEE/MAA HOUSING
PURPOSES.
"Shall the real property and improvements thereon, commonly
known as the 'Red Roof Inn', located at 22475 State Highway
82, in the City of Aspen in addition to currently approved
uses, also be used for employee/MAA housing purposes?
conceptually, such employee housing may be available as
needed to satiSfy future housing requirements of the City of
Aspen and pitkin county, including housing for the Music
Associates of Aspen. Said property is also described as Lot
2, The Aspen Golf Course Subdivision, as shown on the plat
thereof recorded in Plat Book 17, at Page 34, pitkin County
records. The use will be on such terms and conditions as
determined by ordinance of the City Council."
QUESTION NO.5
EXPANSION OF THE IMPROVEMENTS FOR EMPLOYEE/MAA HOUSING ON
RED ROOF INN PROPERTY.
"Shall the City Council be authorized to permit an expansion
in a northerly or easterly direction of the improvements
currently on that property commonly known as the 'Red Roof
Inn' located at 22475 State Highway 82, in the city of Aspen
for employee/MAA housing purposes, within the following
parameters: A project of not more than seventy-five thousand
(75,000) square feet in size comprising not more than an
additional one hundred (100) rooms and accessory facilities?
Said parcel is also described as Lot 2, The Aspen Golf
Course Subdivision, as shown on the plat thereof recorded in
Plat Book 17 at Page 34, pitkin County records."
11
QUESTION NO.6
USE OF THE SOUTHERLY PORTION OF THE KOCH LUMBER PARK
PROPERTY FOR EMPLOYEE/MAA HOUSING PURPOSES.
"Pursuant to section 13.4 of the City Charter shall the City
Council be authorized to use the southerly portion of that
City-owned park property commonly known as the 'Koch Lumber
Park property' for employeejMAA housing purposes within the
following parameters: A project of not more than seventy-
five thousand square feet in size comprising one hundred
(100) units and accessory facilities? Said parcel is
generally bounded by Garmish Street and Cooper Avenue in the
City of Aspen and is the rear portion of that property
depicted as the Koch Lumber Subdivision on the plat recorded
in Plat Book 17 at Page 76, pitkin County records."
QUESTION NO.7
LEASE OF ZOLINE OPEN SPACE PARCEL FOR GOLF PURPOSES IN
CONJUNCTION WITH PROPOSED SALE OF RED ROOF INNS PROPERTY
"Pursuant to section 13.4 of the City Charter shall the city
Council be authorized in conjunction with the proposed sale
of the Red Roof Inns property to lease long term all or a
portion of the real property recently acquired for open
space purposes by the city from the Zoline Foundation
located on State Highway 82 West of Aspen across from the
Tiehack Road for use as a golf course? The rent proceeds
shall be restricted to the sixth penny open space fund and
the retirement of debt in connection with open space
purchases. The terms of the lease shall retain all season
uses for trails and will require that said golf course shall
be available for use to the general public. Such lease will
be approved by ordinance of the city Council. Said parcel
is specifically described in the deed recorded in Book 543
Page 408, Pitkin county records."
POLLING PLACE
Upper Elementary School, 110 East Hallam, Aspen, Colorado.
Those electors who are otherwise fully qualified to vote on
said questions at such election, but who are or will be unable to
appear at the polling place on the date of the election, may
apply in writing at the office of the City Clerk, at the Aspen
12
City Hall, for an absentee ballot, or at any time during business
hours, on or before (J../~r J s-; /q~ .
The votes cast shall be recorded on voting machines and said
election shall be held, conducted and the returns thereof shall
be returned, canvassed and declared, as nearly as may be in the
manner prescribed by law for the special election of municipal
officers.
IN WITNESS WHEREOF, the City counci~has caused this notice
to be given as of this 5~ day of _ ~ ' 19Be.
C
~~~~
Kathryn . Koch, City Clerk
Dated:
~~ ~ , 19Be.
, 19~.
,~ //~-/
, ~~~'~A
"f william L. st' rling,
I, Kathryn S. Koch, duly appointed and acting City Clerk do
in: Mimes
on: t:#8
)
~/I
Published
Published
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
[)-7
~)~~.
Kathryn Koch, City Clerk
/j
, 1987.
13