In recognition of the home rule powers granted unto certain municipal corporations within the state by section 6 of article XX of the state Constitution, the city council enacts this section with the intention of superseding the provisions found in C.R.S. § 31-15-801 relating to longterm rentals and leaseholds. The city council declares that any longterm rentals and leaseholds may be accomplished by action of the city council without the necessity of passage of an ordinance. Such longterm rentals and leaseholds may, at the discretion of the city, exceed 30 years but may not exceed 80 years. (Code 1979, § 2-199; Ord. No. 2023-08, § 1, 4-10-2023)