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HomeMy WebLinkAboutresolution.council.016-78RECORD OF PROCEEDINGS 100 Leaves RESOLUTION NO. 16 (Series of 1978) WHEREAS, the City Council of Aspen desires to submit the question of a land trade and purchase to the electorate in the form of a referendum to be held at the November 7, 1978, general election; and WHEREAS, formal action is necessary to place this issue on the ballot; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 That at the General Election to be held in the City of Aspen, Colorado, on Tuesday, ~he 7th day of November, 1978, there shall be submitted to a vote of the qualified, registered electors of the City, the following question as set forth below, which question shall be similarly stated in the Ballot Label and Notice of Election: FORM OF QUESTION "VOTE FOR ONLY ONE OF THE FOLLOWING" Shall the City of Aspen, Colorado, be authorized to issue its general obligation bonds in the principal amount not exceeding $550,000, for the purpose of acquiring certain real property consisting of approximately 59,000 square feet, owned by Aspen One Company, located adjacent to the Rio Grande property and fronting on the Roaring Fork River, such bonds to bear interest at a net effective interested rate not exceeding 8.0% per annum, ~ayable semiannually, to mature serially within 20 years from their date, and to be redeemable at the option of the City at such time or times and in such manner, upon payment of RECORD OF PROCEEDINGS 100 Leaves such premium or premiums, if any, not exceeding 3% of principal, as may later be determined by the City Council. 1. For 2. Against Section 2 That at the General Election to be held in the City of Aspen, Colorado, on Tuesday, the 7th day of November, 1978, there shall be submitted to a vote of the qualified, registered electors of the City, the following question as set forth below, which question shall be similarly stated in the Ballot Label and Notice of Election: FO~4 OF QUESTION "VOTE FOR ONLY ONE OF THE FOLLOWING" Shall the City of Aspen engage in a land trade and purchase exchanging Lots 12 and 13 of the West Aspen Subdivision, Second Filing, consisting of approximately 30,000 square feet plus the sum of Three Hundred Thousand Dollars ($300,000.00) for approximately 59,000 square feet of property owned by the Aspen One Company adjacent to the Rio Grande Property and fronting the Roaring Fork River. Section 3 In the event that the For Against questions provided in Sections 1 and 2 should both be approved by the electorate, the one receiving the greatest number of affirmative votes shall prevail. Section 4 Those qualified, registered electors of the City who are qualified to vote under the Constitution and the Charter of the City of Aspen, questions. shall be allowed to vote on the proposed -2- RECORD OF PROCEEDINGS 100 Leaves Section 5 The election on the proposed questions will be held at the designated polling places within the newly established voting precincts between the hours of 7 A.M. and 7 P.M. on Tuesday, November 7, 1978, in the City of Aspen, Colorado. Section 6 The election of the proposed questions shall be conducted by the judges and clerks who shall be designated by the City Clerk with the approval of the City Council of the City of Aspen. Section 7 The provisions of registration of electors and for voting by absentee ballot on the question of the proposed questions shall be in accordance with the Colorado Municipal Election Law. Section 8 The votes at said election shall be registered on voting machines and the ballot label shall read similarly to the form of questions provided in Sections 1 and 2. Section 9 ?he election on the questions of the proposed land trade and purchase shall be held and conducted, and the votes cast on the questions aforesaid shall be returned and canvassed, and the result declared in the same manner and as nearly as may be provided by law for the return, canvass and declaration of the officers of the City of Aspen. Section 10 The notice of the election on the proposed land trade and purchase shall be published in the Aspen Times, a newspaper published and of general circulation in said City, and a -3- RECORD OF PROCEEDINGS 100 Leaves 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 containing such information as is required by law. Adopted this ~ day of ~ , 1978. Stacy ~t~ndley III ~/ Mayor/ ~. ~ 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 Council of the City of Aspen, Colorado, at a meeting held -4-