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RESOLUTION NO. /c:z, 4
(Series of 1990)
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO,
RATIFYING A CONTRACT FOR THE ACQUISITION OF REAL PROPERTY TO BE
DEVELOPED FOR AFFORDABLE HOUSING PURPOSES
WHEREAS, the Aspen Clty Councl1 has recelved and revlewed
a contract for the purchase of a tract of real property In the
Clty of Aspen;
WHEREAS, the Aspen Clty Councll has determined, on the basis
of a prelimlnary analysis, that the property descrJ.bed In the
contract lS sUltable for affordable housing and that the terms of
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purchase are such that the development of affordable houslng
thereon appears feaslble at thls time; and
WHEREAS, the Aspen Clty Councll desires to ratlfy the
contract In satisfaction of paragraph C(l) of the Addendum
thereto.
NOW, THEREFORE, HE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO:
Sectlon 1
That the Contract to Buy and Sell Vacant Land, a copy of
whlch is attached hereto and incorporated hereJ.n by thls
reference, whlch contract was executed on the 28th day of
February, 1990, by the Aspen CJ.ty Manager, is hereby approved and
:1It ratified.
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INTRODUCED, READ AND ADOPTED as provided by law by the Clty
Councll of the Clty of Aspen on the 7th day of March, 1990.
/;t:::/c:_ ~ ~
W~lllam L. Stirllng, Mayor ~
I, Kathryn S. Koch, duly appointed and actlng Clty Clerk, do
cert~fy that the foregolng lS a true and accurate copy of that
resolutlon adopted by the Clty Councll of the Clty of Aspen,
Colorado, at a speclal meetlng held March 7, 1990.
47GLL~ )l;!~_
Kathryn ~ Koch, City Clerk
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