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HomeMy WebLinkAboutresolution.council.015-82RECORD OF PROCEEDINGS 100 Leaves RESOLUTION NO. [~ (Series of 1982) A RESOLUTION APPROVING A PROPOSED COMPROMISE AND SETTLEMENT OF A CONDEMNATION ACTION FILED TO ACQUIRE REAL PROPERTY FOR THE RENOVATION OF THE WHEELER OPERA HOUSE AND A RELATED PURC]~k~E OF REAL PROPERTY PURSUANT TO SUCH COMPROMISE AND SETTLEMENT WHEREAS, the City of Aspen filed a Petition in Condemnation (Civil Action No. 82-CV-174) on May 5, 1982, to acquire an inter- est in Lot Q, Block 81, Original Aspen Townsite (the Mother Lode Restaurant property) to permit completion of the ongoing renova- tion of the Wheeler Opera House; and WHEREAS, the owner of the said Lot Q, the Estate of Dorothy Koch Shaw, deceased, disputed the amount of compensation offered by the City for the sought-after interest in Lot Q, after likewise rejecting earlier offers to purchase the same interest for the same compensation; and WHEREAS, the owner has made a counter-offer to the City to compromise and settle the condemnation action, to wit: the con- veyance of fee title to Lots P and Q, Block 81, Original Aspen Townsite, for the sum of $550,000.00; NOW, THEREFORE, BE CITY OF ASPEN, COLORADO: Section 1 The City Attorney is hereby mise and settle Civil Action No. IT RESOLVED BY THE CITY COUNCIL OF THE expressly 82-CV-174, Estate of Shaw, et al., by entering into a stipulation with parties providing for the purchase of said Lots P and Q for authorized to compro- City of Aspen v. all $550,000.00 from the owners thereof, and executing such other and any documents necessary to effectuate this resolution. Section 2 The City Manager and City Attorney are hereby expressly auth- orized to review and prepare for proper execution by the Mayor, RECORD OF PROCEEDINGS 1 O0 Leaves such conveyance documents as are necessary to purchase said Lots P and Q, pursuant to the settlement stipulation, with funds therefor to come from previously approved appropriations for this purpose. Dated: ~~ , 1982. Herman Edel, Mayor I, Kathryn S. Koch, duly appointed and acting City Clerk, certify that the foregoing is a true and accurate ~py of hereby that resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held on ~ /~i /~ 1982. Kathryn S.~och, City Clerk 2