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Littleton council denies request to waive tax

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New owners of Santa Fe apartment complex must pay $96,000

By Ramsey Scott

The Littleton City Council rejected a request to waive a special tax on the recent sale of the Alta Aspen Grove apartment complex, meaning the development’s new owners must pay $96,475 to the city.

The property, next to the Aspen Grove shopping center on South Santa Fe Drive, was sold last year to the APTCO Aspen Grove Limited Partnership group for $56.7 million. APTCO asked the council to waive a special tax that was placed on the apartments when the property was first rezoned from commercial to residential in 2007. 


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