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RESOLUTION NO. ~
(SERIES OF 1989)
A RESOLUTION SETl'ING ASIDE THE UNALLOCATED RESIDENTIAL UNITS
FROM THE 1988 GROWTH MANAGEMENT QUOTA
WHEREAS, the annual residential growth management quota
within the City of Aspen is established by section 8-103 of the
Aspen Land Use Regulations as 39 units; and
WHEREAS, as a result of excess allotments previously granted
to the 925 Durant Avenue and 777 Ute Avenue projects, units built
which were exempt from the allocation process, the expiration of
the Sunny Park project and the pending allocation of one (1) unit
to the Sportstalker Apartments and two (2) units to the
Greystones, there are fourteen (14) units which remain as
unallocated from the 1988 residential quota; and
WHEREAS, pursuant to section 8-103 C of the Aspen Land Use
Regulations, the City Council has the discretion to carryover or
eliminate the unallocated allotments from prior years; and
WHEREAS, there is presently an extreme shortfall of
affordable housing in the city of Aspen; and
WHEREAS, the City of Aspen recently adopted Ordinance 21,
Series of 1989, authorizing an "affordable housing set aside.
NOW, THEREFORE, BE IT RESOLVED by the City Council of Aspen,
Colorado, that the fourteen units which remain unallocated from
the 1988 residential quota are hereby set aside to offset the
production of affordable
Dated: ....~~~C4I~/,
housing during 1989 in Aspen.
1989.
~~
William L. Stirling, Mayor
Resolution No. 89-~
Page 2
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 of Aspen,
d3~ay of t:2u-~
/
Colorado, at a meeting held on the
1989.
~.~~
1988carryoverreso