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July 25, 2000 and the Third Amended and Restated Intergovernmental Agreement of
October 28, 2002, effective on the date first stated above, to read as follows:
I. MUTI-JRISDIClIONAL HOUSING AUTORITY - PURPOSE.
The Aspenlitk County Housing Authority (hereinafer referred to as
"Authority") has been established as a ,multi-jursdictional housing authority for the
purse of assisting the City and County, upon request by either par, in effecting the
plang, fiancing, acquisition, constrction, development, reconstrction or repair,
matenance, maagement and operation of housing projects pursuant to a multi-
jursdictional plan to provide residential facilties and dwellng accommodations at renta
or sale prices within the means of famlies or persons of low, moderate and middle
income who are employed in the City or the County, who reside or need to reside in the
City or County, and who have identifiable needs for afordable housing; e.g., limited
incomes, senior citizens and disabled persons, as defied by the Authority in published
guidelines. The Authority shall be a political subdivision and a public corporation of the
State of Colorado, separate from the City and County, and shall be a validly created and
existig political subdivision and public corpration of the State of Colorado. It shall
have the duties, privileges, immunities, rights, liabilties, and disabilties of a public body
politic and corprate. The provisions of Arcles i 0.5 (the "Public Deposit Protection
Act") and 47 (the "Savings and Loan Association Public Deposit Protection Act") of
Title 11, Colorado Revised Statutes, shal apply to monies of the Authority.
The Authority shall have any and all powers, duties, rights and obligations as such
are set fort herein and subject to the terms and conditions of this Agreement. In order to
faciltate management oversight and to provide additional resources to the Authority, the
Authority shall delegate to the City certin administative fuctions as more fuly
described herein.
II. BOAR OF DlREClORS:
A. Number, Manner of Appointmnt, Qualifcations, Etc.:
The Board shall consist of five (5) Directors (hereinafer referred to as
"Directors"), and one (1) alternte, serving staggered terms to be appointed as follows:
1. Two Directors shall be appointed by the Board of County
Commssioners.
2. Two Directors shall be appointed by the City CounciL.
3. One Director and one alternate shall be appointed jointly by the
Boar of County Commssioners and the City CounciL.
4. No Director shall be a member of the Boar of County
Commssioners, the City Council, or an employee of the City, County, or
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Authority. All Directors and the Alternate Director shall be residents of Pitkin
County.
5. As soon as reasonable afr the effective date of ths Amended
Agrement, the City Council and Board of County Commssioners shall appoint
initial Directors as set fort above for the followig initial terms:
One Director appointed by County:
One Director appointed by City:
One Dirctor appointed by County:
One Director appointe by City:
One Joint Director:
One joint alternate Director:
4 years
4 years
3 years
3 years
3 year
3 years
6. The term of each Director and the Alternate Director following
the intial term shall be for a period of two years. Notwithstading the term set
fort herein, Directors and the Alternate Director shall continue to serve as
Directors unti such time as a successor has been appointed.
7. Directors appointed by the City Council may be removed at the
sole discretion of the City CounciL. Directors appointed by the County
Commissioners may be removed at the sole discretion of the County
Commssioners. The Jointly appointed Director and the Alternate Director may be
removed at the sole discretion of either the City Council or County
Commssioners. Upon the removal of a Director or Alternate Director, a
replacement shall be appointed by the respective governental entity(ies) that
originally appointed the Director for the unexpired term of the removed Dirctor
or Alternte Director.
B. Officers:
The. offcers of the Authority shall be a Chair, a Vice Chair, a Treasurer, and a
Secreta.
1. Chair. The Chair shall preside at all meetings of the Authority. At
each meetig, the Char shall submit such recommendations and informtion as
she or he may consider prope concerng the business, afais and policies of the
Authority.
2. Vice Chair. The Vice Chai shal perform the duties of the Chair
in the absence or incapacity of the Chair; and in case of the resignation or death of
the Chair, the Vice Chair shal perform such duties as are imposed on the Chair
unti such time as the Authority shall select a new Chair.
3. Treasurer. The Treasurer shall perform the duties of the Chair in
the absence or incapacity of both the Chai and the Vice Chair. With respect to
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Intergovernental Agreement, effective on the date first stated above, to read as
follows:
i. MULTI-JURISDICTIONAL HOUSING AUTHORITY - PURPOSE.
The AspenlPitkin County Housing Authority (hereinafter referred to as
"Authority") has been established as a multi-jurisdictional housing authority for the
purpose of assisting the City and County, upon request by either party l in effecting the
planning, finahcing, acquisition, construction, development, reconstruction or repair,
maintenance, management and operation of housing projects pursuant to a multi-
jurisdictional plan to provide residential facilities and dwellng accommodations at rental
or sale prices within the means of families or persons of low, moderate and middle
income who are employed in the City or the County, who reside or need to reside in the
City or County, and who have identifiable needs for affordable housing; e.g., limited
incomes, senior citizens and disabled persons, as defined by the Authority in published
guidelines. The Authority shall be a political subdivision and a public corporation of the
State of Colorado, separate from the City and County, and shall be a validly created and
existing political subdivision and public corporation of the State of Colorado. It shall
have the duties, privileges, immunities, rights, liabilties, and disabilties of a public body
politic and corporate. The provisions of Articles 10.5 (the "Public Deposit Protection
Act") and 47 (the "Savings and Loan Association Public Deposit Protection Act") of
Title 11, Colorado Revised Statutes, shall apply to monies of the Authority.
The Authority shall have any and all powers, duties, rights and obligations as such
are set forth herein and subject to the terms and conditions of this Agreement. In order to
facilitate management oversight and to provide additional resources to the Authority, the
Authority shall delegate to the City certain administrative functions as more fully
described herein.
II. BOAR OF DIRECTORS:
A. Number; Manner of Appointment, Qualifications, Etc.:
The Board shall consist of five (5) Directors (hereinafter referred to as
"Directors"), and one (1) alternate, serving staggered terms to be appointed as
follows:
1. Two Directors shall be appointed by the Board of County Commissioners.
2. Two Directors shall be appointed by the City CounciL.
3. One Director and one alternate shall be appointed jointly by the Board of
County Commissioners and the City CounciL.
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Page 2
4. No Director shall be a member of the Board of County Commissioners,
the City Council, or an employee of the City, County, or Authority. All Directors
and the Alternate Director shall be residents of Pitkin County.
5. As soon as reasonable after the effective date of this Amended Agreement,
the City Council and Board of County Commissioners shall appoint initial
Directors as set forth above for the following initial terms:
One Director appointed by County:
One Director appointed by City:
One Director appointed by County:
One Director appointed by City:
One Joint Director:
One joint alternate Director:
4 years
4 years
3 years
3 years
3 years
3 years
6. The terms of each Director and the Alternate Director following the initial
term shall be for a period of four years. Notwithstanding the terms set forth
herein, Directors and the Alternate Director shall continue to serve as Directors
until such time as a successor has been appointed.
7. Directors appointed by the City Council may be removed at the sole
.discretion of the City CounciL. Directors appointed by the County Commissioners
may be removed at the sole discretion of the County Commissioners. The Jointly
appointed Director and the Alternate Director may be removed at the sole
discretion of either the City Council or County Commissioners. Upon the removal
of a Director or Alternate Director, a replacement shall be appointed by the
respective governental entity(ies) that originally appointed the Director for the
unexpired term of the removed Director or Alternate Director.
B.Officers:
The officers of the Authority shall be a Chair, a Vice Chair, a Treasurer, and a
Secretary .
1. Chair. The Chair shall preside at all meetings of the Authority. At each
meeting, the Chair shall submit such recommendations and information as she or
he may consider proper concerning the business, affairs and policies of the
Authority.
2. Vice Chair. The Vice Chair shall perform the duties of the Chair in the
absence or incapacity of the Chair; and in case of the resignation or death of the
Chair, the Vice Chair shall perform such duties as are imposed on the Chair until
such time as the Authority shall select a new Chair.
3. Treasurer. The Treasurer shall perform the duties of the Chair in the
absence or incapacity of both the Chair and the Vice Chair. With respect to
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n.BOAR OF DIRECTORS:
1. Number; Manner of Appointment, Etc.:
The Board shall consist of seven (7) Directors (hereinafter referred to as
"Directors"), and two alterntes, serving staggered term to be appointed as
follows:
a. Thee (3) Directors and one (1) Alternate Direcor shal be appointe by
the Board of County Commssioners.
b. Thee (3) Directors and one (I) Alternte Director shall be appointe by
the City Council.
c. One (1) Director shall be apointe jointly by the Board of County
Commioners and the City Council.
d. One (1) Director shall be a member of the Board of Count
Comnssioners to be appointed by the Board of County Commsioners and one
(1) Director shl be a member of the City Council to be appointed by the City
Council. respectively. on an anual basis, an to serve as such a Direcr unti a
succsor ha ben appointed. .
The term of office of the members of the Board shall be two (2) yeas, except
as otherwise provided in Section II.1.(d) above an except as provided heein
with rest to the initi Boad Members.
All Directors shal be residents of the County, provided that thee (3) of the
Direcrs sha also be residents of the City. Excet for the two (2) Direcrs
described in Secon D. L(d) above, the Direcors shal not be members of the
Board of County Commssioners or the City Council, and no members shall be
employees of the Authority .
Excet for the two (2) Directors describ in section D. L(d) above, the inti
Board of Directors shal be appointed as follows:
Jurisdicton Term
County
County
Joint
City
Cit
1 yea
2 yea
2 years
2 yea
1 yea
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7. _ Authori tv Requirements:
To annually recommend to the City and the County
for approval, development of, and qualifications for,
ownership and rental of low, moderate and middle income
housing within the city and the county for the
population segments designated herein or identified by
the Authority as required by existing agreements andland use regulations.
II.BOARD OF DIRECTORS
1. Number; Manner of A~pointment Etc.:
The Board shall consist of seven (7) Directors (the
"Directors"), serving staggered terms to be appointed as follows:
(a) Three (3) Directors shall be appointed by the
Board of County Commissioners.
(b) Three (3) Directors shall be appointed by theCi ty Council.
(c) One (1) Director shall be appointed jointly by
the Board of County commissioners and the City Council.
(d) One (1) Director shall be a member of the
Board of County Commissioners and one (l) Director shall
be a member of the City Council to be appointed by theBoard of County Commissioners and the City Council,
respectively, on an annual basis, and to serve as such a
Director until a successor has been appointed.
The term of office of the members of the Board shall be two (2)
years,: except as otherwise prov ided in Section II. l. (d) above andexcept"::'. as .. p'tovided herein with respect to the initial Board
members.
All Directors shall be residents of the County, provided
. that three (3) of the Directors shall also be residents of the\~ City. Except for the two (2) Directors described in Section
II. l. (d) above, the Directors shall not be members of the Board
of County Commissioners or the City Council, and no members shall
be employees of the Authority.
Except for the two (2) Directors described in Section
II. i. (d) above, the initial Board of Directors shall be appointedas follows:
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Jurisdiction Term
(County 1 year ( 2/89-2/90)
County 2 years (2/89-2/91)Joint 2 years (2/89-2/91)City 2 years (2/89-2/90)City 1 year ( 2/89-2/91)
2.Officers:
The officers of the Authority shall be a Chairman, a
vice Chairman, a Treasurer and a Secretary who shall be the
Executive Director of the Authority.
(
(a) Chairman. The Chairman shall preside at all
meetings of the Authority. Except as otherwise
authorized by resolution of the Authority, the Chairman
shall sign all contracts, deeds and other instruments
made by the Authority. At each meeting, the Chairman
shall submit such recommendations and information as he
may consider proper concerning the business, affairs and
policies of the Authority.
(b) Vice Chairman. The Vice Chairman shall
perform the duties of the Chairman in the absence or
incapacity of the Chairman: and in case of the
resignation or death of the Chairman, the Vice Chairman
shall perform such duties as are imposed on the Chairman
until such time as the Authority shall select a new
Chairman.
(c) Treasurer. The Treasurer shall perform the
duties of the Chairman in the absence or incapacity o.f
both the Chairman and the Vice Chairman. Either the
Treasurer or the Secretary shall sign all orders and'--" checks - for payment of money and shall payout and
disburse such moneys under the direction of the
Authori ty. The Treasurer shall serve as advisor to theAuthori ty and the Board on financial matters.
(d) SecretarY/Executive Director of the Authorit~.
The Secretary shall be the Executive Director of the
Authority and, as such, shall have general supervision
over the administration of the Authority's business and
affairs, subj ect to the direction of the Board. The
Secretary shall be charged with the management of the
housing pröjects of the Authority. The secretary shallkeep the records of the Authority, shall act as
secretary of the meetings of the Authority and record
all votes, and shall keep a record of the proceedings of
the Authority in a journal of proceedings to be kept for
such purpose, and shall perform all duties incident to
his office. He shall keep in safe custody the seal of
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14. To appoint a Housin9 Offico Director and prepare an annual
budg t for Hosin9 Offico. Tho Housin9 Office Director ahll
servo as Secretary to tbe Bord of the City/Couty lIousin9 Authority.
BOAR OF 0 I RECTRS
Tho Bord of Directors of tho City/County Housin9 Authority
ahall consist of five Directors, each to serv a two roar tera,
except that two of the initial Directors ahall aerv a on y.ar
tera as spoiUed belov, in order to provido sta9CJred toras. Said
Directors shall be appointed in the follov1n9 faabioni
a. Tw (~I Diretors shall be appointed by the Bord of
County COMissioners.
b. Tw (2) Directors ahall be appointed by the Aspen City
Council.
c. One (11 Director shall be appointed jointly by a majority
of tho Board of County Corissioners and Aspen City Council.
One appointmnt each by the Board of county Comøi..ioners and the
Aspen City Council to the initial Board of Directors shall be for a
one (iI year term. Thereafter,' all appointmnts ahall be for two
year terlll.
Said Directors shll be resldcntli of Pitkin County, provided
that two (21 of said Directors shall also be residents of the City
of Aspen. Further, said Directors shall not be .embers of the Bord
of County Comissioners or the Aspen City Council, and they shal¡
not be e¡aloyees of any local housing authority. The i:iiti,il Board
of Directors sball be:
1.
2.
3.
4.
5.
Tbe Board shall cOlply ",ith the by-laWS of the lIou$inq Authority
of Pitkin County adopted on February 24, 1975, ~f record at Boo~
352 Paqo 693 of the records of the Pitkin County Clerk and Recorder.U83~
Th parties hereby adopt tho budact attached heruto for the
p'riod bot"'ccn J~nudry 1 - Dcc~r 11, 1981. In oxpndinq t~e
budact the lIous1n9 Director "¡¡hall Insofar aii prilctical, devote t.hc
ti8C ~nd ~nies between tho City and County functions aii she",n on
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