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RESOLUTION NO. 55
(Series of 1996)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO,
GRANTING A HISTORIC PROPERTY MAINTENANCE LOAN.
WHEREAS, Section 26.72.060(C) provides City Council with the ability to grant a
one-time, no interest loan, in an amount not to exceed $10,000, to the owner of a historic
property to assist in maintenance costs; and
WHEREAS, Julie Wyckoff, owner of the historic landmark property at 525 W.
Hallam Street has requested a loan in order to replace the existing roof and repaint; and
WHEREAS, the project cost is in excess of $10,000; and
WHEREAS, City Council supports the loan award in an effort to assist owners Of
historic properties with the associated maintenance costs and in order to avoid the
occurrence of "demolition by neglect."
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF ASPEN, COLORADO, THAT:
Section 1
That a one-time, no interest loan in the amount of $10,000 be awarded to Julie
Wyckoff, owner of 525 W. Hallam Street.
Section 2
That the applicant shall provide the Community Development Director for receipts
from all work completed as part of this loan.
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Section 3
That the loan is to be repaid in full within ten years or when the title is transferred,
whichever is sooner. An appropriate lien will be recorded on the property to ensure
repayment.
RESOLVED, APPROVED AND ADOPTED this-::tday Of~
1996, by the City Council for the City of Aspen, Colorado.
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John S. Bennett, Mayor
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
e City of Aspen, Colorado, at a meeting helg.~ 1996
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Julie Wyckoff
525 West Ha1.lam
Aspen, Colorado 81611
970-925-6016
Amy Amidon
Historic Preservation
Aspen City Hall
130 s. Galena St.
Aspen, Colorado 81611
Officer
September 9, 1990
Dear Amy,
I would like to apply for the $10,000. zero interest "Minimum
Maintenance Loan Program" available through the City of Aspen.
The proceeds of this loan would go to pay for the new roof and
exterior painting at my residence 525 West Hallam. The roof
replacement costs I am asking for are $9,500. It was more
expensive to replicate the "original" black wood shingles with an
authentic grade of asphalt shingle, than to use a less expensiv~
product. The exterior painting was $6,500, and a partial amount of
that expense would make up the balance on the $10,000 loan.
In reviewing The Aspen Historic Preservation Incentives
information last week, I understand that the City Council has the
ability to waive park dedication fees on Historic Residence
building permits. When I asked about this last year I was told
that the policy had been changed and that I did not qualify for
the waiver. I am now wondering if I have any recourse in this
matter? I also wonder about the three parking spaces I was
required to build.
I have returned the financial statement you requested to the City
Attorney's office and I can give you copies of the roofing and
painting invoices if you need them.
Thank you for all your help with this renovation, you have been' an
invaluable resource on all levels, and it has been a privilege to
work with you.
Sincerely,
Exhibit "~,,