HomeMy WebLinkAboutresolution.council.016-82RECORD OF PROCEEDINGS
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RESOLUTION NO. 98~2)
(Series of 1
A RESOLUTION SUBMITTING TO A VOTE OF THE QUALIFIED REGISTERED
ELECTORS OF THE CITY OF ASPEN, AT A SPECIAL MUNICIPAL ELECTION TO
BE HELD ON JUNE 15, 1982, A QUESTION REGARDING THE APPROVAL OF THE
SALE BY THE CITY COUNCIL OF THAT REAL PROPERTY AND THE CITY-OWNED
HOUSING PROJECT SITUATED THEREON, COMMONLY KNOWN AS THE "CASTLE
RIDGE APARTMENTS", LOCATED WITHIN THE CITY OF ASPEN, COUNTY OF
PITKIN, ON CASTLE CREEK ROAD (ADJACENT TO THE ASPEN VALLEY
HOSPITAL)
WHEREAS, the City of Aspen is the owner of certain real pro-
perty and the housing project situated thereon (consisting of
eighty (80) apartments units), commonly known as the "Castle Ridge
Apartments", located within the City of Aspen, County of Pitkin,
on Castle Creek Road (adjacent to the Aspen Valley Hospital); and
WHEREAS, the City Council has received several unsolicited
proposals to purchase the aforesaid Castle Ridge Apartments; and
WHEREAS, Section 13.4 of the City Charter provides that the
City Council shall not sell, exchange or dispose of either public
buildings or real property currently in use for public purposes
without first obtaining the approval of a majority of the electors
voting thereon; and
WHEREAS, in the event the City Council deems it to be in the
best interest of the City of Aspen to accept one of the aforesaid
offers, the City Council desires to submit to the qualified elec-
tors of the City of Aspen a question concerning the sale of the
"Castle Ridge Apartments", which transaction would include the
following general terms:
1. The value paid by the purchaser (i.e., total of sales
price, fees and commissions) shall not be less than Four Million
Four Hundred Seventy-five Thousand Dollars ($4,475,000), payable
on such terms as the City Council deems appropriate.
2. As a condition of sale, the purchaser shall agree to
and, in fact, must deed restrict and maintain all eighty (80)
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apartment units in the Castle Ridge Apartments as employee housing
subject to the applicable employee housing guidelines established
by the City Council for such project.
3. As a condition of sale and in addition to the value paid
by the purchaser, the purchaser shall be required to provide land-
scaping, paving and make such other improvements as are deemed
desirable by the City Council, in an amount of not less than Two
Hundred Thousand Dollars ($200,000).
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO:
Section 1
That at the special election to be held in the City of Aspen,
Colorado, on Tuesday, June 15, 1982, there shall be submitted to a
vote of the qualified, registered electors of the City, a question
relating to the sale of that real property and the housing project
situated thereon, commonly known as Castle Ridge Apartments, all
as further set forth below and as more particularly stated in the
form of Ballot Label and Notice of Election hereinafter set forth.
FORM OF QUESTION
QUESTION NO. 3
Shall the sale by the City Council of that real property and
the employee housing project situated thereon, commonly known
as the Castle Ridge Apartments, consisting of eighty (80)
apartment units, located in the City of Aspen, County of
Pitkin, on Castle Creek Road (adjacent to the Aspen Valley
Hospital) be approved pursuant to Section 13.4 of the City
Charter.
Any such sale of the Castle Ridge Apartments would be in
response to several unsolicited offers presented to the City
Council. No offer would be accepted or sale consummated
unless the following are met:
The value paid by the purchaser (i.e., total sales
price, fees and commissions) shall not be less than
Four Million Four Hundred Seventy-five Thousand Dollars
($4,475,000), on such terms as the City Council may deem
appropriate.
As a condition of sale, the purchaser shall agree to
and, in fact, must deed restrict and maintain all eighty
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(80) apartment units as employee housing subject to the
applicable employee housing guidelines established by
the City Council for such project.
e
AS a condition of sale and in addition to the value paid
by the purchaser, the purchaser shall be required to and
in fact must landscape, pave and provide such other
improvements as the City Council deems appropriate, in aD
value of DSt ~e~tha~ Two Hundred Thousand Dollars
($200,000).
Section 2
Those qualified, registered electors of the City who are
qualified to vote under the Constitution and the Charter of the
City of Aspen shall be allowed to vote on the proposed question.
Section 3
In accordance with Ordinance No. 14, Series of 1982, there
shall be one municipal election precinct for the election on the
proposed question at the Upper Elementary School Gym, 110 East
Hallam, Aspen, Colorado, between the hours of 7:00 a.m. and 7:00
p.m. on June 15, 1982; the election shall be conducted in accord-
ance with the provisions of Ordinance No. 14 (Series of 1982).
Section 4
The votes at said election shall be registered on electronic
voting machines at the polling place and the following question
shall be added to the Ballot Label:
QUESTION 3:
"FOR AGAINST
Shall the sale by the City Council of that real property and
the employee housing project situated thereon, commonly known
as the Castle Ridge Apartments, consisting of eighty (80)
apartment units, located in the City of Aspen, County of Pit-
kin, on Castle Creek Road (adjacent to the Aspen Valley Hos-
pital) be approved pursuant to Section 13.4 of the City Char-
ter.
Any such sale of the Castle Ridge Apartments would be in
response to several unsolicited offers presented to the City
Council. No offer would be accepted or sale consummated
unless the following are met:
The value paid by the purchaser (i.e., total sales
price, fees and commissions) shall not be less than
Million Four Hundred Seventy-five Thousand Dollars
Fo ur
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($4,475,000), on such terms as the City Council may deem
appropriate.
As a condition of sale, the purchaser shall agree to
and, in fact, must deed restrict and maintain all eighty
(80) apartment units as employee housing subject to the
applicable employee housing guidelines established by
the City Council for such project.
e
As a condition of sale and in addition to the value paid
by the purchaser, the purchaser shall be required to and
in fact must landscape, pave and provide such other
improvements as the City Council deems appropriate, in ah
value of not less tha~ Two Hundred Thousand Dollars
($200,000).
Section 5
The election on the question shall be held and conducted and
the votes cast on the question aforesaid shall be returned and
canvassed, and the result declared in the same manner as nearly as
may be provided by law for the return, canvass and declaration of
the result of the votes
officers in the City of
14, Series of 1982.
Secton 6
cast at the general election of municipal
Aspen, all as provided in Ordinance No.
Notice of the election on the proposed question shall be pub-
lished in the Aspen Tim~s, a newspaper published and of general
circulation in said City, in the edition of said newspaper dated
~,4~ ~ ~~ /~, 1982. A copy of such notice
shall be posted at each polling place within the City, at least
ten (10) days before the election. The City Clerk is hereby
charged with the duty of giving such notice. Said notice shall,
in addition to other notices with respect to the calling of this
special municipal election, be in substantially the following
form:
"PUBLIC NOTICE OF THE
SUBMISSION OF A PROPOSED QUESTION TO THE VOTERS
OF THE CITY OF ASPEN, COLORADO,
AT A SPECIAL ELECTION, TO BE HELD ON JUNE 15, 1982
of the City Council of the City of
PUBLIC NOTICE IS HEREBY GIVEN that, pursuant to a resolution
Aspen, Colorado, at a Special
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Municipal Election to be held in the City on Tuesday, June 15,
1982, between the hours of 7:00 a.m. and 7:00 p.m., there will be
submitted a proposed question as follows:
Shall the sale by the City Council of that real property and
the employee housing project situated thereon, commonly known as
the Castle Ridge Apartments, consisting of eighty (80) apartment
units, located in the City of Aspen, County of Pitkin, on Castle
Creek Road (adjacent to the Aspen Valley Hospital) be approved
pursuant to Section 13.4 of the City Charter.
Any such sale of the Castle Ridge Apartments would be in
response to several unsolicited offers presented to the City
Council. No offer would be accepted or sale consummated unless
the following are met:
The value paid by the purchaser (i.e., total sales
price, fees and commissions) shall not be less than Four
Million Four Hundred Seventy-five Thousand Dollars
($4,475,000), on such terms as the City Council may deem
appropriate.
As a condition of sale, the purchaser shall agree to
and, in fact, must deed restrict and maintain all eighty
(80) apartment units as employee housing subject to the
applicable employee housing guidelines established by
the City Council for such project.
As a condition of sale and in addition to the value paid
by the purchaser, the purchaser shall be required to and
in fact must landscape, pave and provide such other
improvements as the City Council deems appropriate, in aU
vaI~e of not less than Two Hundred Thousand Dollars
($200,000).
Those electors who are otherwise fully qualified to vote on
said question at such election, but who are or will be unable to
appear at the polling place on the date of the election, may apply
in writing at the office of the City C~erk, at City Hall, for an
absentee ballot at any time during business hours on or before the
It~ day of ~, 1982.
The votes cast shall be recorded on voting machines and said
election shall be held, conducted and the returns thereof shall be
returned, canvassed and declared, as nearly as may be in the man-
ner prescribed by law for the general election of municipal offi-
cers.
IN WITNESS WHEREOF, the City Council~has caused this notice
to be given as of this /~-4 day of ~~ ,
1982. ~
Published In: Aspen Times
Published On: ~,~ ~~ ~ /O, 1982."
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Dated:
I, Kathryn S. Koch, duly appointed and acting City Clerk,
hereby 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 on ~~
1982.
Kathryn S. ~ch,/~ity Clerk