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RESOLUTION NO. c2..y!
(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 C~ty Counc~l has rece~ved and rev~ewed
a contract for the purchase of a tract of real property in the
C~ty of Aspen;
WHEREAS, the Aspen c~ty Council has determ~ned, on the bas~s
of a prelim~nary analysis, that the property descr~bed ~n the
contract ~s suitable for affordable hous~ng and that the terms of
purchase are such that the development of affordable housing
thereon appears feasible at this time; and
WHEREAS, the Aspen C~ty Counc~l desires to rat~fy the
contract in sat~sfact~on of paragraph C(l) of the Addendum
thereto.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO:
Section 1
That the Residential Contract to Buy and Sell Real Estate, a
copy of which is attached hereto and lncorporated here~n by this
reference, which contract was executed on the 8th day of June,
1990 by the Aspen C~ ty Manager, and on the
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day of June,
1990 by the Seller, lS hereby approved and ratif~ed.
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INTRODUCED, READ AND ADOPTED as prov~ded by law by the City
Counc~l of the C~ty of Aspen on the ~J?~ay of June, 1990.
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W~ll~am L. St~rl~ng, Mayor~
I, Kathryn S. Koch, duly appo~nted and acting C~ty Clerk, do
certify that the foregoing is a true and accurate copy of that
resolut~on adopted by the C~ ty Counc~l of the C~ ty of Aspen,
Colorado, at a special meet~ng held June /~ , 1990.
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