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HomeMy WebLinkAboutordinance.council.008-98 ORDINANCE NO. 8 (Series of 1998) AN ORDINANCE RATIFYING AND APPROVING AMENDMENTS TO SECTION L AND SECTION M OF THE FIRST AMENDED AND RESTATED PLANNED UNIT DEVELOPMENT/SUBDIVISION AGREEMENT FOR THE ASPEN MOUNTAIN SUBDIVISION. WHEREAS, on September 27, 1995, Savanah Limited Partnership ("Savanah) submitted a written petition to the City Council pursuant to Section M of the First Amended and Restated Planned Unit Development/Subdivision Agreement ("PUD Agreement") for the Aspen Mountain Subdivision, seeking an unspecified extension in the construction schedule governing construction and development of the parcels known as Lot 3 and Lot 5 of the Aspen Mountain Subdivision; and WHEREAS, on March 4, 1998 and March 26,1998, Savanah submitted further petitions clarifying the requested dates of extensmn, and providing a rationale and justification for the requested Section M amendment; and WHEREAS, the public interest requires that an appropriate replacement development be constructed as soon as practicable following the demolition of the Grand Aspen Hotel; and WHEREAS, a hearing was conducted before City Council on May 4, 1998, during which Savannah successfully demonstrated that the reasons necessitating extension in the subject construction schedule were beyond its control; and WHEREAS, Section M of the PUD Agreement authorizes amendments to the construction schedule deadlines under circumstances as demonstrated by Savannah; and WHEREAS, Savannah has agreed to submit a land use application for Lots 3 and 5, and for the Bavarian Inn site by September 15, 1998. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, THAT: Section 1 The following amendment to the First Amended and Restated Planned Unit Development/Subdivision Agreement for the Aspen Mountain Subdivision, as amended, is hereby ratified and approved: 1. Savaunah's construction schedule deadlines as set forth in Section A2 of the PUD Agreement, and as previously amended by those Section M amendments executed in June 1990, June 1991, August 1992, October 1992, February 1993, June 1995, February 1998, and March 1998 are further amended to provide as follows: From To Application to be submitted for Top of Mill (Lot 3), Hotel Phase II (Lot 5), and Bavarian Inn* [new] 9/15/1998 Demolition permit for Lot 5 ' Grand Aspen Hotel 10/1/99 10/1/1999 [same as per Ord. 4, 1998] Building permit issuance for all required affordable housing, including the Bavarian Inn, and approval of any proposed public infrastructure Top of Mill (Lot 3) 10/1/95 4/1/2000 Building permit issuance Hotel Phase II (Lot 5) 10/1/96 4/1/2000 Certificate of Occupancy for all required affordable housing, including redevelopment of the Bavarian Inn, and acceptance of public infrastructure Top of Mill (Lot 3) 10/1/97 10/1/2001. Certificate of occupancy Hotel. Phase II (Lot 5) ' 6/1/98 11/1/2002 *Note: Bavarian Inn application shall be consistent with the 1990 ballot language and representations made by the applicant at the time of the election. 2. Section L of the PUD Agreement is amended to provide as follows: "Any reconstruction credits to be constructed on Lots 3 and 5 are extended until one (1) year from the date of issuance of the demolition permit for the Grand Aspen Hotel to reconstruct same. These credits shall not confer any exemption from affordable housing requirements as may be identified during the approval process." Section 2 The amendment as provided for herein is subject to all the terms and conditions as set forth in that written decision issued by City Council pursuant to Savannah's petition dated March 3, 1998, and amended on March 26, 1998, requesting the extension of the above-described construction schedule deadline, a copy of which is attached hereto as Exhibit 1. Section 3 The amendment as provided for herein is to be reflected in a written amendment document attached hereto as Exhibit 2 which shall be executed and filed in the records of the Pitkin County Clerk and Recorder's Office. Section 4 This ordinance shall not have any effect on existing litigation and shall not operate as an abatement of any action or proceeding now pending under or by virtue Of the ordinances repealed or amended as herein provided, and the same shall be construed and concluded under such prior ordinances. Section 5 If any section, subsection, sentence, clause, phrase or portion of this ordinance is for any reason held invalid or unconstitutional in a court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and shall not affect the validity of the remaining portions thereof. Section 6 A public hearing on this ordinance shall be held on the 1 lth day of May, 1998, in the City Council Chambers, Aspen City Hall, Aspen, Colorado. INTRODUCED, READ AND ORDERED PUBLISHED as provided by law by the City Council of the City of Aspen on the I lth day of May, 1998. ATTEST: ~ity ClerZ4~C'' FINALLY adopted, passed and approved the 261h day of May, 1998. ATTEST: File: g:\planning\easeload\m~apud7.doe SC AMENDMENT TO THE FIRST AMENDED AND RESTATED PLANNED UNIT DEVELOPMENT/SUBDIVISION AGREEMENT FOR THE ASPEN MOUNTAIN SUBDIVISION THIS AMENDMENT tothe First Amended and Restated Planned Unit Development/Subdivision Agreement for the Aspen Mountain Subdivision CPUD Agreement"), being entered into between the City of Aspen, Colorado ("City") and Savannah Limited Partnership ("Savannah" or "Owner") on this __ da~) of ,1998, provides as follows: RECITALS WHEREAS, on September 27, 1995, Savannah submitted a written petition to the · City pursuant to Section M of the PUD Agreement seeking certain unspecified extensions in the construction schedule deadlines governing construction and development within the Aspen Mountain Subdivision; and WHEREAS, on March 4, 1998 and March 26, 1998, Savannah submitted further petitions clarifying the requested dates of extension and the reasons necessitating said extensions; and WHEREAS, hearings were conducted before the City Council on April 13th'and May 1 lth, 1998, during which Savannah successfully demonstrated that the reasons necessitating extensions in the existing construction schedule deadlines were beyond its control; and WHEREAS, Section M of the PUD Agreement authorizes extension of the time periods for construction schedules upon a proper showing; WHEREAS, Section 0(6) of the PUD Agreement authorizes amendments to the Agreement by written insmunent executed by the parties thereto; and WHEREAS, Savannah has agreed to submit a land use application for Lots 3 and 5, and for the Bavarian Inn site by September 15, 1998. NOW THEREFORE, in consideration of the mutual covenants as contained herein, it is agreed that the provisions hereinbelow shall amend the PUD Agreement as follows: I. Savannah's construction schedule deadlines as set forth in Section A2 of the PUD Agreement, and as previously amended by that Section M amendment executed on June 10, 199t (recorded in Book 654 at Page 418 in the records of the Pitkin County Recorder), are amended to provide as follows: From To Application to be submitted for Top of Mill (Lot 3), Hotel Phase II (Lot 5), and Bavarian Inn* [new] 9/15/t 998 Demolition permit for Lot 5 Grand Aspen Hotel 10/I/99 10/1/1999 [same as per CYrd. 4, 1998] Building permit issuance for all required affordable housing, including the Bavarian Inn, and approval of any proposed public infrastructure Top of Mill (Lot 3) 10/I/95 4/1/2000 Building permit issuance Hotel Phase II (Lot 5) 10/I/96 4/i/2000 Certificate of Occupancy for all required affordable housing, including redevelopmerit of the Bavarian Inn, and acceptance of public infrastructure Top of Mill (Lot 3) 10/1/97 10/1/2001 Certificate of occupancy Hotel Phase II (Lot 5) 6/1/98 11/1/2002 *Note: Bavarian Inn application shall be consistent with the 1990 ballot language and representations made by the applicant at'the time of the election. 2. Section L of the PUD Agreement is amended to provide as follows: "It is mutually acknowledged and verified between City and Owner that pursuant to Municipal Code Section 24-11.2(a), Owner has the right, following their demolition, to reconstruct within the Aspen Mountain PUD a total of 275 hotel units and a total of 42 residential units. The original location (source) of these reconstruction units is identified on the Schedule 9 update attached hereto and made a part hereof by reference. Any reconstruction credits to be reconstructed on Lots 3 and 5 are extended until one (I) year from the date of issuance of the demolition permit for the Grand Aspen Hotel to reconstruct same. These credits shall not confer any exemption from affordable housing requirements as may be identified during the approval process." (The Schedule 9 update is attached hereto and incorporated herein as part of this Agreement.) 3. The amended construction schedule deadlines as provided for in paragraph 1 above shall be and remain in force and effect only insofar as Savannah complies with all of those terms and conditions as set forth in that written decision of the City Council of the City of Aspen attached hereto as Exhibit "I" and incorporated herei~, that was issued in response to Savanah's petition of September 27, 1995 as amended by letters dated March 4, 1998 and March 26, 1998, seeking a Section M amendment. 4. All other terms and conditions of the PUD Agreement and the previous Section M Amendments, not incbnsistent or superseded by this amendment, shall remain in full force and effect. 5. This amendment document shall be promptly recorded in the records of the Pitkin County Clerk and Recorder's office. IN WITNESS WHEREOF, the parties have hereunto set their signatures on the day and year as first written above. THE CITY OF ASPEN ATTEST: ~ity Clerk APPROVED AS TO FORM: STATE OF COLORADO ) ) ss. County of Pitkin ) The foregoing instrument was acknowledged before me this ~ day of ~ud.'~ , 1998, by ,_~h"~4 '~ "~d="'~kM~t't- as Mayor and Kathryn S. Koch, City Clerk, of~e City of Aspen, Colorado. ~ESS MY H~D AND OFFICI~ SEAL ~~ My co~ission expires: 41 [ ~/ ~ No ' SAVANAH LIMITED PARTNERSHIP By: APPROVED AS TO FORM: Attorney of Savanah Limited Partnership STATE OF COLORADO ) ) ss. County of Pitkin ) The foregoing instmmem was acknowledged before me this __ day ~of ,1998, by WITNESS MY HAND AND OFFICIAL SEAL My commission expires: Notary Public Address .- SENT. IBY:SAVANAH LT0 PARTNER ; 9- 9-1~8; 4:48PR; 3~3925438'b· 310 229 2929;~ 5 STA~ OF COLO~DO ) CO~ of PiCa ) Th= fo~go~g ~s~ w~ ~l~g~d bcf~ me ~s .. ~ day of ~ch, Cny CI~ of th~ Ci~ d A~, Colorado. ~ESS MY H~D ~D O~IC~ S~ N SA V ANAB LIMITED ·- By: APPROVED AS TO FORM: ' ,- &[ Count~ of Fitkin ) ................... Thc foregoing [ustrument Was acknowledge~ before ~SS MY H~ ~ OFFI~AL No~ Public