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HomeMy WebLinkAboutresolution.council.002-74RECORD OF PROCEEDINGS 100 Leaves RESOLUTION NO. ~ (Series of 197~__) WHEREAS, the City of Aspen did, by an agreement dated December 19, 1972, with the Estate of Leonard M. Thomas, acquire an option to purchase 6.786 acres of land as more particularly described in said agreement, and WHEREAS, by the terms of said agreement the sellers retained the right to sell the land adjoining the 6.786 acres and all their rights in the 6.786 acre tract subject to the option to purchase granted, and WHEREAS, the City Council is advised that the sellers have optioned the purchase of the adjoining property and the balance of the interest in the 6.786 acres to Pitkin County, Colorado, and WHEREAS, the Pitkin County Commissioners have requested that the city relinquish its option so that it may acquire the full tract for development as a hospital site and open space, and, WHEREAS, the City Council wishes to assign its option to Pitkin County, Colorado, provided that the Pitkin County Commissioners exercise this option, ~ all or part of their option on %he adjoining land, within one (1) year of the date of the assignment, now THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: 1. That the City Attorney be directed to draft a suitable instrument assigning the subject option according to the terms hereinabove specified. RECORD OF PROCEEDINGS 100 Leaves 2. That Mayor Stacy Standley III be a~thorized to execute such document on completion of drafting it as provided herein. Dated this /~/ day of ~ ~_ , 197_~. · S%acy Stg~dl~/'III ~ / Mayor ~ the foregoing is a true and correct copy of the Resolution adopted by the Aspen City Council at its meeting held on , 197 ~/. City Clerk