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Resolution #52
Series of 1999
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A REAFFIRMATION OF THE CITY OF ASPEN'S LONG RANGE
AFFORDABLE HOUSING GOALS.
WHEREAS, affordable housing has been and remains a top priority of the City
of Aspen; and
WHEREAS, the City of Aspen is committed to housing as many of its working
locals as possible within the community; and
WHEREAS, over the years, our community has created over 1,600 deed
restricted affordable housing units, which today house over 3,000 of our local
citizens; and
WHEREAS, this existing housing would cost over $100 million to re-create
today, and it represents the most affordable housing than any community our
size in America has ever created; and
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WHEREAS, because the shortage of affordable housing remains a rnajor
community concern, the City of Aspen has created a long range financial plan
to add substantially more units of affordable housing in future years - and this
fact is not always understood by the general public in our valley,
NOW THEREFORE the Mayor and City Council of Aspen hereby reaffirrn our
comrnitment to the current City/County plan to build at least 716 units of deed
restricted affordable housing, including 1,339 bedrooms, at a total cost of over
$54 million, between now and the year 2010. We will fund these units
primarily through the existing .45% housing/daycare sales tax and the
existing .5% real estate transfer tax.
We reaffirm this conirnitment because this new housing will provide homes
for approximately 1,400 Aspen citizens. It will ensure that Aspen rernains
vital and that we retain always the vibrancy, life and colorful sense of
comrnunity that have historically made our town the extremely special place
that it is.
We also reaffirm that in pursuing our long term housing goals, we rnust also
keep in mind the wise use of natural open space and the need to preserve it for
future generations.
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Dated:
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Rachel E. Ric ards, 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 city of Aspen, Colorado, at a meeting held June 14, 1999.
Kath n S. Koch, City Cler