ASPEN REAL ESTATE — The Aspen City Council approved an application by the owner of Silver Lining Ranch, an organization once located just east of town at the end of Ute Avenue next to the Aspen Club, that provided a retreat for terminally ill children, to convert the property into a single-family home and sell it Monday night.The approval came after numerous residents of the Stillwater Homeowners Association and property owner Andrea Jaeger pleaded for the approval for nearly two hours.Jaeger, a former professional tennis player, is trying to sell the land because she says it is too expensive to operate her nonprofit Silver Lining Foundation on the site.The property buyer will allow the nonprofit to continue operating in its current capacity for five years at no cost. After that, the property will attain single-family status.
By Aaron Hedge, July 14, 2010 Aspen Times

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