Living in Aurora, CO – City of Aurora Ordinance
Apr 6th, 2009 by Steve Scheer
When changes occur in the Denver suburbs that I serve, I like to keep you up to date. And of course, we here about foreclosures almost every day now in the news, here is a piece of news that will affect properties in Aurora that may be going down the foreclosure path.
Starting April 4, 2009 the city of Aurora Colorado began requiring financial institutions to register properties within the city that are abandoned, foreclosed or owned by financial institutions.
This new ordinance is established in part to provide Neighborhood Services staff with contact and ownership information.
The required registration will hold the foreclosing financial institution or property owner responsible for:
Maintaining properties in good repair according to City code
Ensuring properties are secured
Performing regular inspections of properties to assure compliance with City codes
The goal of the new ordinance is to lessen the impact of vacant and abandoned properties in the City and help stabilize property values.
A link to the mail in registration can be found here as well as a link to view the ordinance.
