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HomeMy WebLinkAboutresolution.council.027-85RESOLUTION NO. 8~5)~ (Series of A RESOLUTION APPROVING THE DECLARATION OF COVENANTS, RESTRICTIONS AND CONDITIONS FOR SHADOW MOUNTAIN LODGE AT ASPEN TIME SHARE UNITS RESTRICTING UNITS 3 AND 9 OF THE PROJECT TO LOW INCOME EMPLOYEE UNITS WHEREAS, Shadow Mountain Lodge at Aspen has requested that the City Council release those restrictive covenants recorded on October 29, 1984, at Book 475 Page 884 restricting Units 13 and 14 to employee housing units, and WHEREAS, Shadow Mountain Lodge at Aspen has submitted to the City Council new restrictive covenants which restrict Units 3 and 9 of the project to low income employee housing units, and WHEREAS, the City Council has considered the request of Shadow Mountain Lodge at Aspen Time Share Units and desires to approve the annexed Declaration of Covenants, Restrictions and Conditions, which restrict Units 3 and 9 of the project to low income employee housing units. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 That the City Council hereby releases Covenants, Restrictions and Conditions for the Declaration of Shadow Mountain Lodge at Aspen Time Share Units recorded October 29, 1984, in Book 475 at Page 884 restricting Units ~3 and 14 to employee housing units and approves the annexed Declaration of Covenants, Restrictions and Conditions restricting Units 3 and 9 to low income employee housing units. Dated: ............................... , 1985. 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 Colorado, at a meeting held 8D Council of the City of Aspen, , 1985. ..... Kathryn S.~och, City Clerk 2