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ORDINANCE NO. 4q
(Series of 2002)
AN ORDINANCE AMENDING CERTAIN SECTIONS ON AN ANNUAL
BASIS FOR THE ASPEN/PITKIN COUNTY AFFORDABLE HOUSING
AND OTHER AMENDED CHANGES AS STATED IN THE
GUIDELINES AS RECOMMENDED BY THE
ASPEN/PITKIN COUNTY HOUSING AUTHORITY
WHEREAS, pursuant to the Municipal Code of the City of Aspen, as amended, the Housing
fucome, Eligibility Guidelines and Housing Price Guidelines are to be established by the City Council; and
WHEREAS, pursuant to prior resolutions and ordinances of the City, the City Council established
Employee Housing fucome-Eligibility Guidelines and Housing Price Guidelines for prior years; and
WHEREAS, the Affordable Housing Guidelines ("Guidelines") were approved by City Council on
October 26, 200 I and at such time, the City Council approved the process ofreviewing the Guidelines as a
whole every three to five years;
WHEREAS, the Housing Board approved Resolution No. 2002-03, A Resolution of the
AspenlPitkin County Housing Authority Board Approving Amending Certain Pages of the AspenlPitkin
County Affordable Housing Guidelines in January of Each Year, on July 31. 2002, allowing the
AspenIPitkin County Housing Authority (APCHA) staff to do automatic updates of certain sections, as
specified below, of the Guidelines in January of every year;
WHEREAS, an automatic update of specific sections of the Guidelines, as stated below, every
January would better serve the community by providing accurate and up-ta-date income requirements,
rental rates and increases, and sales rates and increases; and
WHEREAS, the information to amend the specific sections is obtained by using the Consumer
Price fudex from November to November and is obtained by the Housing Offic:e by the end of December of
each year; and
WHEREAS, that it does hereby approve an annual update of the Guidelines of certain sections
attached hereto and made a part hereof, with review of the Guidelines every other year by the elected
officials and as stated in the Third Amended and Restated Intergovernmental Agreement; and
WHEREAS, the Board approves all of the additional changes in the Guidelines and delineated in
RED;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY C01JNCIL OF THE CITY OF
ASPEN, COLORADO, that the following sections of the Guidelines shall be approved every January
automatically, without the need of further review and approval by the APCHA Board, the Board of County
Commissioners and City Council:
Section I
That the City Council of the City of Aspen hereby approves the APCHA staffto amend the sections
stated below on an annual basis, by using the consumer price index, as recommended by the Board of
Directors of the APCHA, a copy of which is annexed hereto and incorporated herein, and specifically stated
below:
Part No.
Section No.
Paragraph No.
Page No..
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Table I
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Table N
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Appendix A
.Page Numbers may change.
Section 2
Maximum mcomes for Rental & Sales/Ownership Units
Maximum mcomes for Rental Units Only
Maximum mcomes for Sales/Ownership Units Only
3.a., RO mcoine and Asset Limitation
I, Maximum Sales Price ofRO Units
Gross mcome for RO-5 Units at Williams Ranch
mcome and Sales Price Maximums for RO Units
Maximum Sales Unit Prices for Aspen and Pitkin County
Maximum Monthly Rental Rali:s
Payment-in-Lieu Fee
Rental mcrease for Existing AH Units
Maximum mcomes by Category
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5
II
14
22
31
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34
35
38
42
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That any specific areas of the Guidelines shall be reviewed when din:cted by the Housing Board,
the BOCC and/or City Council and as specified in a work plan approved on an annual basis by said parties.
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Section 3
That the specific sections of the Guidelines set forth and adopted herein shall supersede to the
extent incons.istent with the provisions of this Ordinance, all prior resolutions and ordinances of the City of
Aspen; provided further that the provisions of resolutions and ordinances pertaining to employee housing
guidelines shall remain in full force and effect to the extent not inconsistent with the regulations and
guidelines adopted herein.
Section 4
If any section, subsection, sentence, clause, phrase or portion of this ordinance is for any reason
held invalid or unconstitutional in a court of competent jurisdiction, such portion shall be deemed a
separate, distinct and independent provision and shall not affect the validity of the remaining portions
thereof.
Section 5
Nothing in this Ordinance shall be construed. to affect any right, duty or liability under any
ordinance in effect prior to the effective date of this Ordinance, and the same shall be continued and
concluded under such prior ordinances.
Section 6
A public hearing on the Ordinance shall be held on the 13th day of January, 2003, in the City
Council Chambers, City Hall, Aspen, Colorado.
INTRODUCED, READ, AND ORDERED PUBLISHED as proVid~d by hi\\' by the City Council
of the City of Aspen on the 10 day of
ATTEST:
fia4~~;/iI/-
Kathryn S. Koc ity Clerk
FINALLY adopted, passed and approved this 13th day of January, 200 .
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ATTEST:
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