HomeMy WebLinkAboutresolution.council.046-00 RESOLUTION NO. z{-{o Series of 2000
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO,
APPROVING A RESIDENTIAL CONTRACT TO PURCHASE REAL PROPERTY FROM A
CITY EMPLOYEE AT THE WATER PLACE HOUSING PROJECT; AND AUTHOR/ZING
THE MAYOR, CITY MANAGER OR ASSISTANT CITY MANAGER TO EXECUTE SAID
AGREEM2ENT AND OTHER RELATEED DOCUMENTS ON BEHALF OF THE CITY OF
ASPEN, COLORADO.
WHEREAS, the City of Aspen, in furtherance of its policy of assisting its employees in
securing affordable housing, has indicated its willingness to have certain real properties available
for purchase by existing City employees subject to certain conditions and resections; and
WHEREAS, Gervaise McCoy Dupree previously purchased a unit fi:om the City at the
Water Place Affordable Housing project and now desires to sell that unit to the City in aCcordance
with certain deed restrictions placed on the property; and
WHEREAS, the City Council desires to purchase said unit fi:om Gervaise McCoy Dupree
and to make it available to other City employees who may be eligible to purchase said unit; and
WHEREAS, the sale and purchase of said units shall be subject to certain occupancy and
resale deed restrictions, and
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
ASPEN, COLORADO:
Section 1.
That the City Council of the City of Aspen hereby approves the purchase of the following
real property fi:om Gervaise McCoy Dupree:
Lot 1, City of Aspen Water Treatment Plant and Affordable Housing Project SPA
and Subdivision appearing in Book 41 at Page 43 of the records of Pitkin County,
Colorado.
For an amount not to exceed $101,278.68, all as set forth in the Residential Contract to Buy and
Sell Real Estate appended hereto as Exhibit "A'.
INTRODUCED, READ AND ADOPTED by the City Council of the City of Aspen on the
?~' day of ~cS-_r~-a,~, , 2000.
R~chel E. Richards; M~or ~
I, Kathryn S. Koch, duty appointed and acting City Clerk do certify that the foregoing ~s a mae and
accurate copy of that resolution adopted by the City Council of the City of Aspen, Colorado, ar a
meeting held on the day herein above sta~ed.
JPW- ~)4/~9 ~4] 0~I- G: \ j ohn\word\ resos \war erpl .res.doc