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HomeMy WebLinkAboutresolution.council.019-90 e ie Ie RESOLUTION NO. 19 (Series of 1990) A RESOLUTION DIRECTING THE EXERCISE OF THE CITY'S OPTION TO PURCHASE UNIT 2, CHAPMAN CONDOMINIUMS, AND AUTHORIZING THE MAYOR TO EXECUTE SUCH DOCUMENTS AS MAY BE APPROPRIATE TO CONSUMMATE THE TRANSACTION WHEREAS, pursuant to that Purchase, Sale and Option Agree- ment dated July 19, 1985, between the city of Aspen and Elyse Elliott and Jeremy Bernstein, the City has the right to exercise its option to purchase that property commonly known as 717 Cemetery Lane and more specifically described as: unit 2, Chapman Condominiums (a condominium) according to the condominium map appearing in the records of the County Clerk and Recorder of Pitkin County, Colorado, in Plat Book 10 at Page 33 as Reception No. 226253, and as further defined and described in the Condominium Declaration thereof recorded August 26, 1980, in Book 393 at Page 663 as Recep- tion No. 226252. and, WHEREAS, the city Council desires to exercise its option to purchase the above-described property. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 The City Council does hereby authorize and approve the exercise of the City's option to purchase unit 2, Chapman Condominiums, as hereinabove described. - ''9 (I ..A . section 2 The Mayor is hereby authorized to execute such documents on behalf of the city as may be deemed necessary to consummate the aforesaid transaction. ~tLe.1 I , 1990. ~,~~ William L. Stirling, Mayor I?> Dated: 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 0~ /1 , 1990. ~~~~k 2