HomeMy WebLinkAboutminutes.council.19721106I372
Special Meeting Aspen City Council November 6, 1972
Meeting was called to order by Mayor Eve Homeyer at 5:00 p.m. with Councilmen Scott
Nystrom, Ross Griffin,. Jack Walls, Acting City Manager Dennis Veeder and Student Repre-
sentative Timber Dick.
Purpose of the meeting is to discuss bonding of Thomas Property, Highway Requests, Golf
Course Land Master Plan.
Mr. Bob Kirchner was present from Kirchner Moore and Company and stated he had prepared Bonding
the breakdown on the bonds based on an estimated revenue for the sales tax this year of
$410,000. Mr. Kirchner stated that the present ordinance (golf course property) with
existing provisions makes it necessary that this new issue be second lien bonds which
will not help the marketability or interest rate. Other alternative is to have an ad-
vance refunding of the present issue and .include the two issues as one and have. 1st lien
bonds.
Mr. Kirchner stated the figures he has this date are not conservatively accurate. Figures
were based on an estimate of sales tax in 1972 of $410,000 rather~than the $370,000 as
brought out this date by the Acting City Manager and further request from Council a
figure that can be utilized in estimating of the per cent of increase expected from the
sales.tax each year.
Councilwoman Ramona Markalunas arrived.
Based the figures today on a~6% increase which is very conservative~
Councilwoman Mar'kalunas stated that $200,000 would be paid off with the water bonds so
the figure discussing for the new issue would be $1,020,000 minus the $200,000.
Council agreed Mr. Kirchner should base his figures on a 7% increase in sales tax each
year.
Recommendations from the Planning & Zoning Commission and Transportation Committee were Highway
submitted. All recormnendations concur with the Coanty Commissioners to request rein- Requests
statement of Highway 82 project and provide the funding therefor.
Councilman Walls moved to accept the reports. Seconded by Councilman Griffin. All in
favor, motion carried.
Mr. Ted Armstrong, Director of Parks and Recreation.reviewed with Council a topo layout Golf Course
of a 19 hole course which utilizes the area along Maroon Creek. Course would be on Property
existing land and room left for tennis courts and other recreational activities. The Master Plan
existing 9 holes could be p~yed during construction of the additional. 10 holes. Mr.
Armstrong stated the increase in size~of the course would increase revenues from 50 to
100%. Practice flelds~for rugby can be provided on the west side of Iselin Park. Feel
most of the construction of the course can be done by City personnel with the help of
a consultant. Fe~l the additional holes could be ready in two years. Request permiss-
ion to continue on this concept and come back to Council with a final plan and cost
estimates.
Councilman Griffin moved to authorize Director Armstrong to continue with the concept as
presented. Seconded by Councilman Walls. All in favor, motion carried.
Councilman Griffin moved to adjourn at 6:00 p.m., seconded by Councilman Walls. All in
favor, motion carried, meeting adjourned.
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~_~aine Graves, City Clerk