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HomeMy WebLinkAboutresolution.council.030-05RESOLUTION NO.30 SERIES OF 2005 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, APPROVING THE 2005 EOTC BUDGET FOR THE PITKIN COUNTY 1/2 CENT TRANSIT SALES AND USE TAX WHEREAS, the Aspen City Council, the Pitkin County Board of County Commissioners and the Town Council of Snowmass Village (the "Parties") have previously identified general elements of their Comprehensive Valley Transportation Plan (the "Plan") which are eligible for funding from the Pitkin County one-half cent transit sales and use tax; and WHEREAS, by intergovernmental agreement dated September 14, 1993, the Parties agreed: a. to conduct regular public meetings to continue to refine and agree upon proposed projects and transportation elements consistent with or complimentary to the Plan; and b. that all expenditures and projects to be funded from the County-wide one- half cent transit sales and use tax shall be agreed upon by the Parties and evidenced by a resolution adopted by the governing body of each party; and WHEREAS, at a public meeting held on April 21, 2005, the Pitkin County Board and Snowmass Village Council considered and approved the attached initial budget for the year 2005 for the Pitkin County one-half cent transit sales and use tax; and WI-IEREAS, the Bmsh Creek parking lot expansion budget was approved with the following conditions: (1) to accept staff's recommendation for the combination untreated/grass and gravel surface; (2) to accept Intrawest's offer to construct Phases I and II of the project up to the sub-grade (including drainage but with reimbursement for the cost of Phase II piping), to construct the extension of the left-turn lane on SH82, and to maintain the up-to-350-space lot for its constmction workers for five years; (3) to attempt thereby to reduce the EOTC's cost for the lot expansion by at least $668,000 as a contribution from Intrawest; (4) to initially gravel only 200 spaces of the expanded lot, but to increase that from 200 up to a maximum of 350 spaces upon request by Intrawest if the 200 spaces are consistently filled; and (5) to return gravel-surface spaces to grass if they are not needed after the five year Intrawest construction period; and WHEREAS, the Parties agreed to commit $6.5 million to regional transit improvements in Snowmass Village (including the interface of local to regional transit) in 2007 in the EOTC Multi- year Plan (not the 2005 budget); and WHEREAS, Snowmass Village is willing to suspend any future funding requests until a fair balance of funding is achieved: WHEREAS the Aspen City Council wishes to approve the 2005 budget by adoption of this resolution NOW THEREFORE BE IT RESOLVED by the City Council of the City of Aspen, Colorado, that the attached initial one-half cent transit sales and use tax budget for the year 2005 is hereby approved as summarized below: Total Revenues (Sources) Total Expenditures (Uses) $4,786,000 $6,419~370 RESOLVED, APPROVED, AND ADOPTED this 25th day of April, 2005, by the City Council for the City of Aspen, Colorado. I, Kathryn S. Koch, duly appointed and acting City Clerk, do certify that the foregoing is a tree and accurate copy of that resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held on April 25, 2005.