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HomeMy WebLinkAboutordinance.council.017-85 RECORD OF PROCEEDINGS 100 Leaves ORDINANCE NO. (Series of 1985) A ORDINANCE APPROVING AN AGREEMENT TO ~URCHASE REAL ESTATE AND TO ACCEPT GIFT OF REAL ESTATE BETWEEN THE CITY OF ASPEN, COLORADO, AND FRANK J. WOODS, III, THOMAS E. RAFAEL, AND FREDERICK HEAD SETTING FORTH THE TERMS AND CONDITIONS UPON WHICH THE CITY AGREES TO PURCHASE THAT REAL PROPERTY DESCRIBED IN SAID AGREEMENT FOR THE BURCHASE PRICE OF"$280,000.00 AND UPON WHICH THE CITY AGREES TO ACCEPT A DONATION OF THE DIFFERENCE BETWEEN THE PURCHASE PRICE AND THE APPRAISED FAIR MARKET VAGUE OF SAID REAL PROPERTY IN THE AMOUNT OF'-$80,000.00 AND DIRECTING THE MRYOR TO EXEGUTE SAID AGREEMENT ON BEHALF OF THE CITY OF ASPEN WHEREAS, there has been submitted to the City Council an Agreement between the City of Aspen and Frank?J. Woods, III, Thomas E. Rafael and Frederick Head setting forth the terms and conditions upon which the City agrees to purchase the real property described in said agreement for the purchase price of ~$280,000.00 and upon which the City agrees to accept a donation of the difference between the purchase price and the appraised fair market value of said real property in the amount of'-$80,000.00, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 That the City Council of the City of Aspen does approve the Agreement between the City of Aspen and Frank'~J. Woods, III, Thomas E. Rafael, and Frederick Head setting forth the terms and conditions for the purchase of the real property described in said agreement and providing for the acceptance of a donation of the difference between the purchase price and the appraised fair market value of said real property, which agreement is attached hereto and incorporated herein; and does further authorize the Mayor to execute said Agreement on behalf of the City of Aspen. Section 2 If any section, subsection, sentence, clause, phrase or por- tion of this ordinance is for any reason held invalid or unconsti- RECORD OF PROCEEDINGS 100 Leaves tutional 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 3 A public hearing on the ordinance shall be held on the ~ day of ~~ , 1985, in the City Council Chambers, Aspen City Hall, Aspen, Colorado. INTRODUCED, READ AND ORDERED published as provided by law of the City Council of the City of Aspen on the ~/~-~day of ~_~~ ,1985. ~i .!: ..... William L. Stirring ATTEST: ~Kathryn ~och, City Clerk FINALLY adopted, passed and approved this----~A-~ day of 1985. : William L. Stirling ATTEST: och, City C~erk 2J STATE OF COLORADO CERTIFICATE COUNTY OF PITKIN I, Kathryn S. Koch, City Clerk of Aspen, Colorado, do hereby certify that the above and foregoing ordinance was introduced, read in full, and passed on first reading at a regular meeting of the City Council of the City of Aspen on ~ .~r~ , 1985, and published in the ~_~, a weekly newspaper of general circulation published in the City of Aspen,Colorado, in its issue of ~ //. 1985, and was finally adopted and approved at a regular~meetlng of the City Council on ~ ~/~ .. , 1985, and ordered published as Ordinance No. /~-~, Series of 1985, of said City as provided by law. IN WITNESS WHEREOF, I have hereunto set my hand and the seal of said City of Aspen, Colorado this _~/_~_~L~_,~ day of  1985. Kathryn S~Koch, City Clerk SEAL De'puty City Clerk