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HomeMy WebLinkAboutcoa.lu.pu.Hotel Jerome.45B-86`f5I3 - 96 Hotel Jerome PUD amendment Phase II Parcel #2737-181 31 5 B Ul 'A ELOAD SUMMARY SHEET City of Aspen DATE RECEIVED: DATE RECEIVED COMPLETE : PROJECT NAME: / �� 2 e-F •_� ! kPPLICANT: Applicant Address/ one: i` ` -) REPRES EN TAT IV E: gnu. 0I Representative Address' Phone:( Type of Application: I. GMP/Subdivision/PUD 1. Conceptual Submission 2. Preliminary Pl a t 3. Final Plat II. Subdivision/PUD 1. Conceptual Submission 2. Preliminary Plat 3. Final Plat III. All "Two Step" Applications,,x" IV. All "One Step" Applications V. Referral Fees - Environmental Health, Housing Office 1. Minor Applications 2. Major Applications Referral Fees - Engineering Minor A lications CAz> E NO STAFF: 4- 3.-)/DOS 2 �( 20 $2,730.00 12 1,640.00 6 820 .00 14 $1, 900 .00 9 1,220 .00 6 820 .00 11 $1, 490 .00 5 $ 680 .00 2 $ 50.00 5 $ 125.00 Pp 80.00 Major Applications 200.00 ---------------- P&Z CC MEETING DATE: : PUBLIC.HEAR I G- YES COO DATE REFERRED: INITIALS: REFERRALS: Z City Atty Aspen Consol. S.D. School District City Engineer Mtn. Bell Rocky Mtn. Nat. Gas Housing Dir. Parks Dept. State Hwy Dept (Glenwd) Aspen Water Holy Cross Electric State Iiwy Dept (Gr. Jtn) City Electric �� Fire Marshall "_ Bldg: ing/Inspectn Envir. Hlth. Fire Chief Other: Roaring Fork Transit Roaring Fork Energy Center -------------- FINAL ROUTING: DATE ROUTED: %Zd /LD7tiJ�f�C/ IN IT IAL City Atty City Engineer Building Dept. Other: Other : FILE STATUS AND LOCATION: .aXSE DISPOSITION: Reviewed by: Aspen P&Z City =Council C. . 7 .. 7 J, cit- Council_ C r 0 EN E December 8, 1988 Alan Richman City hall, Planning Office 130 S. Galena Aspen, Colorado 81611 Dear Alan, Thank you of your letter of November 29th. I appreciate your consideration of my request, and we will proceed according to your instructions. I have asked Andy Hecht to submit the necessary applications, so that we can proceed. Sincerely, �44 .� T. Richard Butera cc: Andy Hecht DEC 1 51988 3 3 0 E A S T M A I N STREET • A S P E N. C O L O R A D O 8 1 6 1 1• 3 0 3/ 9 2 0- 1 0 0 0 HOTEL JEROME PUD AMENDMENT PHASE II ADDITION AND GENERAL INFORMATION FILE INDEX A. Consent Agenda: Tea Room Conversion B. Hotel Jerome Violations C. Employee Housing Conversion D. Public Notices MEMORANDUM TO: Aspen City Council THRU: Robert S. Anderson, Jr., City Manager FROM: Alan Richman, Planning Director RE: Consent Agenda Item: Hotel Jerome Tea Room DATE: November 29, 1988 Attached is a letter I sent to Dick Butera of the Hotel Jerome and the original letter which Mr. Butera sent to me. In the letter, it is requested that the Tea Room be permitted to be converted into an antique store. My response to this request is that it should be approved. The applicant represents that the storefront in question has contained various retail uses during the Hotel's 99 year history. He also notes that the antique store has considerably less impact than the Tea Room and also has an accessory relationship to the Hotel, where similar antiques are displayed. The only reason to question this change is the representation made by the applicant which we found when reviewing the PUD Agreement and original PUD application. The applicant stated in an April, 1986 letter that the 13,000 square feet of retail space proposed in the "Gilmore Plan" was being eliminated. The applicant has clarified for me that the 13,000 square feet of retail space referred to in the application was located in the new addition and that the application erroneously neglected to recognize the historic use of the storefront for retail use. In fact, the application also neglected to recognize the historic use of the bar. Obviously, both the bar and Tea Room had been in operation for several months at the time of this letter and should not have been considered to be eliminated by this statement. Unless Council objects to my determination, I will inform Mr. Butera that he can proceed with this change. As you will note from my letter, I have already informed him of the need to process an amendment application for the proposed new offices within the hotel, to include a list of permitted retail uses for the storefront. Having such a list, which we also have for the Little Nell and Ritz -Carlton projects, should eliminate any potential confusion in this regard in the future. jeromeconsent Aspen/Pitkin Planning Office 130 south galena ,street aspen, colorado`'-81611 November 29, 1988 Mr. T. Richard Butera Hotel Jerome 330 East Main Street Aspen, Colorado 81611 Dear Dick, I have reviewed your letter dated November 25, written in response to our meeting of that same day. In the letter, you request the ability to convert the Tea Room into an antique store. You suggest that this is an appropriate use of this storefront because its historic use has always been retail, its impacts are significantly less than that of a restaurant and the antique sales have a natural relationship to the hotel, which is filled with similar antiques. After considerable thought, I have determined that your arguments are reasonable. The most persuasive argument for me is that the corner storefront has always been some type of retail shop. The only problem for me is the representation made in the Hotel Jerome PUD approval that all retail uses were being eliminated. In our meeting, you stated that in April, 1986, when the representation about retail uses was made, the tea room was already in operation. I can verify that this is true and can also understand your position that the applicant made an error by not being clear that all proposed retail space was being eliminated, not the historic retail uses in the old hotel. Given the lack of clarity in the PUD representations, I am going to place this item on the City Council consent agenda for December 12. The memo to Council will state that I am prepared to sign off on the change in shops unless Council objects. The second request made in the letter, to convert the Grand Parlour Suite on the first floor to offices, will require submission of a land use application. As I explained to Andy Hecht on the phone yesterday, this change in use requires submission of a land use application for GMQS exemption and conditional use amendment by P&Z. Simultaneously, you should process a minor amendment to the PUD, within which you identify the list of permitted retail uses in the old hotel. This list might be as extensive as that permitted in the CC zone district or might be more limited. It is up to you to propose the list, to which we will react in our review memo. If you do not submit this application, we will have to look at future changes to the use of the retail shop in the same manner as we have done for the current proposal. This will require that any retail use have some accessory relationship to the hotel itself, a relationship which does exist with the proposed antique store, but which may not for a future proposal. I hope you will agree that we can avoid a lot of unnecessary arguments through this minor clarification and that you will proceed with this application. Please be aware that the processing fee for all of the requested changes is $680 and that four copies of the entire application should be submitted. Please let me know if information on this matter. cc: Andy Hecht Fred Gannett buteraltr can provide you with additional Sincerely, Ln an Planning Director M O T t �E ,SWEN November 25, 1988 Alan Richmond City Hall 130 S. Galena Aspen, Colorado 81611 Dear Alan, The purpose of this letter is to clarify our request regarding the Tea Room and the Grand Parlour Suite on the first floor of the Hotel Jerome. In -regard to the Tea Room, we have made a decision to convert it into a shop selling Victorian antiques. Zoey Compton, the decorator for the hotel, plans to operate it, and sell the kinds of things that are displayed throughout the hotel. We know the restaurant on that corner has failed a couple of times, so it is not feasible to continue that kind of an operation. In fact, the impact of employees and traffic, as a result of a victorian antique shop, will be significantly less than what goes on there as a restaurant. We estimate that there will never be more than two employees on duty in the shop, and in most cases, it will be only one. We feel that it is compatible with the historical tradition of the Jerome and that corner. As you know, that corner has been a retail shop of one kind or another for 99 years. In regard to the Grand Parlour Suite, which is next to the Tea Room and the Lobby of the hotel, we request a change in use of that space. As you know, that space is along Mill Street, and was historically, retail space. There have been various retail shops in and out of there for the past 30 years, that I know. We thought that we could convert that into a hotel suite, and eliminate the commercial use on Mill Street. As far as eliminating the commercial use on Mill Street, I think aesthetically it has been a good thing not having those doors and traffic along that side of the hotel. However, the Suite really does not work as a hotel room because it's on the first floor. The guest's have found it to 3 3 0 E A S T M A I N STREET • A S P E N. C O L O R A D O 8 1 6 1 1- 3 0 3/ 9 2 0- 1 0 0 0 be noisy, and it just doesn't seem to be something that is attractive to a potential user. It was probably a bad concept from the beginning, on our part. We now would like to convert it to offices. It is approximately 1000 square feet and contains a bathroom. It lends itself perfectly to that use, having frontage only in the lobby as it does now. We have no intention of having access to Mill Street. Another planning mistake in the hotel was that we came up very short on office space for the operation of the hotel. We are continually fighting this problem and always will be. Converting this space to office space will help in that area because we will have some hotel management operations going on in there. In addition, we will probably have a real estate broker in the space to help justify the economics. In regard to impact, I don't see much difference in what is going on there now, as opposed to a real estate office. Generally, when the suite is rented it contains two people who do generate a good bit of traffic because of their partying activities in a suite like that. I anticipate that the number of people in that space would be three or four, some of whom are already employed in the hotel. I would appreciate your attention to this matter at your earliest convenience. I realize that we have changed concepts here a couple of times, and I apologize. However, it is Christmas and the Tea Room space can generate some much needed revenue for the hotel, if we are permitted to open as an antique shop as soon as possible. Sincerely, -� 4- T. Richard Butera cc: Andy Hecht 3 3 0 E A S T M A I N STREET • A S P E N. C O L O R A D O 8 1 6 1 1• 3 0 3/ 9 2 0- 1 0 0 0 R' MEMORANDUM TO: Paul Taddune, City Attorney FROM: Alan Richman, Planning Director,. RE: Hotel Jerome Violations DATE: October 13, 1987 You have asked that I detail for you the possible violations of the PUD agreement that are ongoing at the Hotel Jerome. Follow- ing is a listing of the key issues we need to bring to the attention of the owner: 1. I have received several complaints from citizens and P&Z members as to the method by which deliveries are made on Bleeker Street. I am told that large trucks are unable to pull into the delivery area, but instead are sometimes parked perpendicular to the sidewalk, blocking traffic and pedestrians. I have not personal- ly observed this problem. I would like to know if the delivery area was built according to plans presented to the Council. If not, we need to correct this problem. If yes, then we need to find out why the area is not being operated as represented. 2. I have been informed that the van which picks up and delivers guests is frequently parked on Main Street, not in the garage as was represented. Once again, I have not personally observed the problem, but I am told that with the van parked in this location, the turning movement from Mill onto Main Street is made more difficult. I would hope that you would contact the owner and request information on these two problems, rather than starting from the point of view that there are violations in existence. Please copy me in on any correspondence you have, and feel free to call on me for assistance. V nw Ow CO) NAzfblllul TO: Paul Taddune, City Attorney FROM: Steve Burstein, Planning Office RE: Cortina Lodge Employee Housing Conversion DATE: April 11, 1988 ---------------------------------------------------------------- ---------------------------------------------------------------- This memorandum is a follow-up on my March 4 memorandum after the Housing Authority and Planning Office inspected the Cortina. It should also serve as a basis for discussion at the April 12 meeting set up with you, Jim Adamski, Bill Guess, Doug Carlson and myself. On April 6 Jim Adamski, Doug Carlson and I inspected the Cortina Lodge with respect to the representations made by the applicant as part of the Cortina Change in Use GMP exemption and the Hotel Jerome PUD Agreement. We were primarily concerned with the number of beds needed for the Hotel Jerome employee housing obligation and compliance with the "List of Improvements, Schedule All approved by City Council on December 9, 1985. The Cortina is not in compliance with Council's approval in the following areas: 1. Bed Count: Units 14 and 15 were shown to have three ( 3 ) beds each and now contain only two (2) beds. Units 11 and 16 were shown to have two (2) beds each and now contain only one (1) bed. 2. Kitchens and Kitchenettes: Units 14 and 15 were shown to have kitchenettes installed; and this has not been accomplished. Unit 13 was shown to be converted into a "kitchen/lounge" for use of tenants in Units 11, 12, and 16. The unit is presently used as a residential unit for two employees. We observed that many units had hot plates and other cooking appliances with large cords across the floor. The Building Department or Fire Marshal should do another safety inspection. The Cortina management should consider having rules on tenancy that prohibit cooking appliances in rooms after the kitchen and kitchenettes have been installed. 3. Basement Storage: "List of Improvements, Schedule All item 6 states: "Upgrade storage area beneath lodge to include storage bins, coin -op laundry, and ski repair table." These 1 improvements have not been accomplished. The basement must be cleaned up, storage bins installed, and operable coin -op laundry installed. 4. Exterior Improvements: Schedule A item 8 states "Patch asphalt in parking area as necessary." All the cracks and holes in the asphalt surface in the parking area and in front of the Cortina must be patched so to bring this "open area" in compliance. Schedule A item 2 states "Repaint exterior as needed, including all balconies and ceilings over sidewalks." Item 3 states "touch up stucco on outside walls as necessary. All fascia, sofits, railings, and ceilings of the balconies should be repainted and restained. The siding should be repaired and restained where needed. A time schedule for bringing the physical conditions of the Cortina into compliance should be worked out at our April 12 meeting. Conceptually we discussed a two week period for some improvements and a longer period for others. Please note that Paragraph 8 of the Amended and Restated Hotel Jerome PUD Agreement addresses the Cortina as a component of the Hotel Jerome expansion project. The non -compliances cited above should be viewed with respect to the provisions in Paragraph 15 of the PUD Agreement, possibly leading to a City Council hearing and closing down the Hotel Jerome. We should also discuss whether the City should sign the Cortina Declaration of Covenants and Restrictions prior to completion of the upgrades. Attached is Ann Bowman's February 27, 1986 memorandum on Cortina deed restrictions. Please review in particular her comments about verification of employment and income in the third paragraph. We recommend that this or similar language be included in the Declaration so to establish a procedure for verification. The responsibilities of both the Hotel Jerome Partnership Ltd. and the Housing Authority should be clarified. A condition for approval of the special review for the Cortina's parking plan by the Planning and Zoning Commission on November 19, 1985 was: "Sever (7) additional off-street parking spaces shall be provided within the present Sixty (60) parking space commitment for the Hotel Jerome available for use of the Hotel Jerome employees living in the Cortina." A plan for compliance with this provision should also be presented at this time. Other comments in my March 4, 1988 memorandum should be considered in review of the Declaration statement. cc: Alan Richman Jim Adamski sb.cortina2 CITY OF 'ASPEN 130 south galena street aspen, colorado 81611 303-925-2020 MEMORANDUM DATE: September 25, 1987 TO: City Manager Planning Director Building Inspector FROM: City Attorney RE: Hotel Jerome - Employee Housing Dk D W E� !I F. �,, SEP 2 8 198i Attached for your information is a letter from Andy Hecht regarding the above. PJT/mc Attachment 10 GARFI1E1LD & ][-�E� HT.9 P.C. RONALD GARFIELD* TELEPHONE ANDREW V. HECHT** ATTORNEYS AT LAW (303) 925-1936 WILLIAM K. GUEST, P.C.*** VICTORIAN SQUARE BUILDING TELECOPIER ROBERT E. KENDIG (303) 925-3008 601 EAST HYMAN AVENUE CABLE ADDRESS JANE ELLEN HAMILTON ASPEN, COLORADO 81611 "GARHEC" *also admitted to New York Bar —also admitted to District of Columbia Bar September 23, 1987 ***also admitted to Nebraska and Texas Bar Paul Taddune 600 East Hopkins Avenue, Suite 301 Aspen, Colorado 81611 Re: Hotel Jerome - Employee Housing Dear Paul: As the Hotel Jerome Limited Partnership ("Partnership") has acknowledged, it is required to provide you with an employee housing deed restriction for a portion of the Cortina Lodge. However, the Partnership has been delayed in receiving a release or subordination from the previous owner ("Louis Wille") who holds a promissory note and deed of trust on the Property. We have now resolved that the Partnership will not seek a subordination of that deed of trust, but instead will pay off the loan secured by that deed of trust and then record the appropriate deed restrictions op the Cortina Lodge in a first priority. The Partnership requests that you forbear in taking any action against the Hotel Jerome until the Partnership receives a payoff number from Louis Wille on the promissory note. Louis Wille is out of town until October 6 at which time we will proceed immediately and obtain the proper release and record the Deed restriction* As is permitted under the PUD Agreement, the Partnership will probably then seek to substitute for the Cortina Lodge, alternative employee housing with City approval. Thank you for your cooperation and assistance in this matter. AVH/dd cc: Rene Vincent Sincerely, Andrew V. Hecht ASPEN46PITKIN I _ __GIONAL GUILDIN- DEPARTMENT M E M O R A N D U M TO: Paul Taddune, City Attorney FROM: Jim Wilson, Chief Building Official RE: Hotel Jerome DATE: August 10, 1987 Wake up Paul! You have apparently been misinformed about the flotel Jerome Certificate of Occupancy. Contrary to your accusation, the fact is the Building Department is still awaiting deed restriction approval from you and the Housing Office, as reported in my July 15, 1987 memo. JJW:lo cc: City Manager Planning Director offices: S 17 East Hopkins Avenue Aspen, Colorado 816*11 303/925-5973 mail address: 506 East Main Street Aspen, Colorado 81611 C1TY;1;.0FA.11SPEN 130 -south g'alen�a 9t-reet aspen, colorad'o,"81611 303-925 -2020 MEMORANDUM DATE: August 5, 1987 TO: Building Department FROM: City Attorney RE: Jerome Hotel It has been brought to the attention of this office that a certificate of occupancy was issued on the Jerome even though the employee housing deed restrictions had not been recorded. I request that an explanation with respect to this very serious oversight be provided to my office immediately. PJT/mc cc: City Manager Planning Office c�✓ TADDUNE & ASSOCIATES, P.C. ATTORNEYS AT LAW PAUL J. TADDUNE FREDERICK W. GANNETT ERIN F. HAZEN OF COUNSEL_ August 5, 1987 Andrew V. Hecht, Esq. Garfield & Hecht 601 East Hyman Avenue Aspen, Colorado 81611 Re: Jerome Hotel Dear Andy: ASPEN PROFESSIONAL BUILDING OFFICES: 600 EAST HOPKINS P.O. Box 9978 ASPEN, CO 81612 (303) 925-9190 CITY HALL OFFICES: 130 SOUTH GALENA STREET ASPEN. CO 81611 (303) 925-2020 In follow up to our conversation last week, I am awaiting your solution to the failure on the part of the Jerome project to record the employee housing covenants as set forth in the PUD agreement. I consider this failure to be more than an inadvertent oversight, and I will recommend to the City Council that the project approval be reconsidered or appropriate legal action commenced unless the matter is resolved immediately. Very truly yours, Paul J. Taddune City Attorney PJT/mc cc: City Manager Steve Burstein Alan Richman CITY, OVA,,.SPEN 130 south galena s`t�reet aspen, colorado '81611 303-05'=Y2b20 MEMORANDUM DATE: August 5, 1987 TO: Building Department FROM: City Attorney RE: Jerome Hotel It has been brought to the attention of this office that a certificate of occupancy was issued on the Jerome even though the employee housing deed restrictions had not been recorded. I request that an explanation with respect to this very serious oversight be provided to my office immediately. PJT/mc cc: City Manager Planning Office ASPEN4PITKIN R&IONAL BUILDING DEPARTMENT M E M O R A N D U M TO: Alan Richman, Planning Director FROM: Jim Wilson, Chief Building Official RE: Height of the Jerome Addition DATE: January 22, 1987 On January 14, 1987, I met with Dave Rheams, Project Superintendent for Shaw Construction, the general contractor for the Hotel Jerome addition. Our meeting was in response to your request to verify that the height of construction in place conforms to the approved PUD plan. Although our method was less than scientific, the building height does not exceed either PUD approvals or building permit approvals. At the approximate locations indicated with an "X" on the attached site plan, we dropped a steel tape from the top of the parapet to the 101 ft. reference elevation, previously established with a transit and marked on the wall. The south wall measured 31'-10-3/4" from the mark, the north wall 31'-10- 3/8". The parapet cap was not yet in place, but is expected to add approximately 2" to the height. The elevations at these locations coincide with those on the approved plans, 132'-10- 3/4". The reference elevation of existing grade at the corner of Monarch St. and Bleeker St. is 92'-0"; at the building, 93"-0". Using the above measurements and elevations, the height of the building at the northwest corner calculates to be 39'-10-3/4". Shaw Construction will revise the detail for the 2" parapet cap to keep within the 40' height limit. cc: Shaw Construction JJW:lo offices : 517 East Hopkins Avenue Aspen, Colorado 81611 3O3/525-5573 mail address: 50S East Main Street Aspen, Colorado 81611 ;�ouJo !Ty Mn� III � {� :{ti �.;J: •:::;{:� .�:{: •:ti .:%:... .:....}.....: •/�._fi:C•: �}:tiff:;:{tititi�%�'•�•��tir� .III 'ff � tilt{ �� 'lf ff h' ti••. 't I :•::•h':::;::: '•;•};'}.'}:tit:.t'}:{•:{ 1 0 d C� -TSB oo. Lli 4c, I I BLOCK-- 79 O CO�.)C2 -Tr N1��4L R---i H/a�� 4i.rGJ I T Rom• IC r MEMORANDUM TO: Jim Wilson FROM: Alan Richman RE: Hotel Jerome Building Plans DATE: August 25, 1986 Having reviewed the Plan set for the Hotel Jerome Addition which you referred to me, I have the following comments: 1. The status of the project is that it was approved by Council subject to all of the conditions in the PUD agreement. You should refer to this document for all matters of interpretation not specifically addressed in this memo. 2. The applicant has given you a copy of the site plan in this drawing set. The site plan designates the heights at various points on the building and should be followed explicitly. The site plan also lists variances granted for FAR (2.3:1 on the entire site) open space (18.3% required in garden area plus at rear on Bleeker toward Mill; other open area is along Mill between the buildings but is more than 4' above grade) and trash area accepted as shown on the plan. 3. I count 68 rooms (1st floor = 16; 2nd = 17; 3rd = 26; and 4th = 9) and only 67 are allowed. Either I counted wrong or a reduction must take place. 4. Please make sure to coordinate the construction timing with the installation of water and sewer and the regrade next spring of Bleeker with the Project Engineer, Elyse Elliott. 5. The applicant has yet to obtain necessary encroachment licenses from Engineering. We do not feel that a building permit should be granted until these licenses are in place, although excavation can proceed. 6. Most of the conditions of approval are already part of the plan as shown on these drawings. I would like to keep coordinating with you as to the ongoing construction of this project to make sure it turns out as planned. Please refer to two conditions on page 11 of the agreement (7a and 7c) to insure that these are resolved before the construction is initiated. Please note that my review of this project constitutes no more that a check of the plans to confirm that what was represented in the process is what is proposed for construction. This review should not substitute for a complete zoning check by the Zoning Office. I will be happy to coordinate that review with either Bill or Peggy as appropriate. cc: Peggy Seeger Bill Drueding Elyse Elliott SHAW Construction August 12, 1986 .lay W. Hammond Jim Willson City Engineer Chief Building Official City of Aspen City of Aspen 130 South Galena Street 130 South Ga!ena Street Aspen, Colorado 81G11 Aspen, Colorado 8161 i Re: Hotel Jerome Addition Parking Garage Oi11- Job No. 1130 Gentlemen: Enclosed is a copy of the construction schedule and a redlined site plan dealing with all pedestrian and vehicular traffic patterns around the Hotel Jerome construction site. As you will note, schedule reflects parking structure only. Schedule for main building will follow as permit process develops in the near future. Items addressed on site are as follows: A. Barricading and pedestrian protection- B. Maintenance of adequate public vehicular access and circulation in construction areas. C. Excavation access and large truck traffic circulation and staging areas. D. Construction equipment access and storage. E. Load zones and dumpster areas for Hotel Jerome, Carl's Pharmacy and Aspen Times. F. Offsite parking on Bleeker. During construction, it will be necessary to unload materials at construction access. Should unloading take place during periods of heavy traffic, Shaw Construction will provide a flagman to control access and insure public protection. As construction phases begin or end, it may be necessary to temporarily close a lane of traffic at Mill, Bleeker or Monarch Street. I will attempt to give the City as much notice as possible on these times and keep the closure to a minimum amount of time. Some of these tasks would be: A. Removal and replacement of sidewalks and curbs. Horizon Park Plaza 743 Horizon Court, Suite 109 Grand Junction, Colorado 81501 303/242 9236 SHAW Construction Letter to Jay W. Jim Willson August 12, 1986 Page Two Hammond and B. Sewer line service. C. Water line service. D. Fire hydrant installation. E. Water main installation. F. Temporary crane set for steel installation or mechanical unit installation. G. Etc. If you have any other questions at this time, please feel free to contact me at my site office. Aspen Office Grand Junction Office Denver Office Sincerely yours, Shaw Construction Company C David C. Reams o�lw, '7' P — 71r.''0 61-� J Hammond City Engineer City of Aspen 925-2963 242-9236 825-4740 -+ p— EY- ,T` - k Az—% Tg2p-k- Q-� AT i'dk�C N.o zri-� W,eST C-c*-► LS-F— 01= R.vc� o� o� Yb-i-tS PN�•5�.� A. ,O, r,,A 0 -Tv A �v 6c-1 c, S i�1g� Jim Chief uilding Official City of Aspen cc: Steve Meyer, Shaw Construction John Hurley, Marketing Corporation of America Warren Burke, Shaw Construction Horizon Park Plaza 743 Horizon Court, Suite 109 Grand Junction, Colorado 81501 303/242 9236 SHAW Construction August 13, 198G Parking Structure Construction Schedule This schedule reflects garage construction only, it will not include any time delays due to weather or material delivery problems. Permit and Contract Demolition Excavation Site Utilities (Bldg. only) Footings and Pads Elevator Jack Holes Concrete Stem Walls Steel Erection First Floor Concrete Horizon Park Plaza 743 Horizon Court, Suite 109 Grand Junction, Colorado 81501 303/242 9236 August 18 August 18 to August 22 August 22 to September 5 August 27 to September 12 September 1 to September 12 August 25 to September 15 September 8 to October 17 October 20 to November 7 November 7 to November 21 1Vest port 13(111 k \ 'I i St C OI11pc'111Y MEMBER f OIC P O S T O F F I C E B O X 7 5 t W E S T P O R T. C O N N E C T I C U T 0 6 8 8 1 T E L 42 0 31 2 2 7- 1 2 0 1 ELEANOR E BANYARD T August 14, 1986 City Manager City of Aspen Colorado 130 South Galena Street Aspen, Colorado 81611 Gentlemen: Please be advised that we are in the process of issuing our Irrevocable Letter of Credit in your favor, in the amount of $68,736.00, for our customer Marketing Corporation of America. ( (NICA) . If of course, you should have any question, please call me at (203) 227-1201 Ext. 222. Sincerely, leannor�E. Bany �d� ice rest ent Secretary EEB:nmr C. John Muskus, Secretary Marketing Corporation of America FEDERAL EXPRESS CIT 130 aspei ME NDRANDU M DATE: July 25, 1986 TO: City Manager Planning Director City Engineer Building Department Housing Office Water Department FROM: City Attorney RE: Amended Hotel Jerome PUD Agreement PEN reet 1611 Annexed for your review prior to the City Crounc i l' s final con- sideration and approval on July 28, 1986, is a copy of the Amended Hotel Jerome PUD Agreement. I request that you provide me with your comments as quickly as possible and perform the following reviews: 1. I request that the Planning Office and Engineering Department verify the legal description which appears in the first "whereas" cl ause . I note some inconsistency with regard to one of the calls along Main Street. 2. I request that the Planning Office verify that the applica- tion upon which the agreement was based is dated November 29, 1985. 3. The Building Department should provide the building permit application and building permit number which appears in the second "whereas" clause on Page 2; and verify that the renovation was completed and a certificate of occupancy issued for Phase I on or about December 26, 1985. 4. With regard to Paragraph 2, I request that the Engineering Department verify and approve Exhibit "A" which should be final- ized and appended to the agreement and incorporated by reference. 5. With regard to Paragraph 3, I request that the Water Depart- ment and City Engineer verify the improvements specified. Memorandum Re : Hotel Jerome July 2 5, 1 986 P a g e Two 6. With regard to Paragraph 4, "Landscape Improvements", I request that the City Engineer verify the purpose of landscaping and the estimated cost of landscaping. 7. Please note the language of Section 20-16 (1) that the agree- ment must be recorded along with the final amended plat. 8. I request that the Housing Office approve as to form the languaqe in Paragraph 8 with regard to employee housing, as well as the Cortina Lodge deed restrictions, which will be finalized separately after thev are submitted by Garfield & Hecht. As always, please feel free to call or stop by the office if you have any questions concerning this matter. PJT/mc Attachment 6D AMENDED AND RESTATED PLANNED UNIT DEVELOPMENT AGREEMENT HOTEL JERO ME - RENOVATION AND ADDITION THIS AGREEMENT made and entered into this day of , 1986, by and between THE CITY OF ASPEN, COLORADO, a municipal corporation and home rule city (here- inafter referred to as "City") , and HOTEL JEROME LIMITED PARTNER- SHIP and MARKETING CORPORATION OF AM ERICA (hereinafter collec- tively referred to as "Owner") , W I T N E S S E T H: WHEREAS, Owner owns that real property and the building situ- ated thereon, commonly known as the "Hotel Jerome" , more particu- larly described as follows: Lo is A, B, C, D, E, F, G, H, I, 0, P, Q, R, S and the East 20 feet of Lot N, Block 79, together with the East 170. 78 feet of the vacated alley in said Block 79, City and Zhwnsite of Aspen, County of Pitkin, State of Colorado; WHEREAS, Owner's predecessor in title, John F. Gilmore sub- mitted to the City for approval, execution and recording a final Planned Unit Development (PUD) plat pertaining to the development of that project known as the "hotel Jerome - Renovation and Addi- tion" (hereinafter referred to as the "Initial Project"); and WHEREAS, Owner' s predecessor in title entered into a Planned Unit Development Agreement with the City for said Initial Project, entitled "Planned Unit Development Agreement - Hotel Jerome - Renovation and Addition" , dated April 20, 1 983 , recorded in Poo k 444, Page 750, Pitkin County Clerk and Recorder's Office; and WHEREAS, pursuant to an application dated November 29, 1985, which application and all representations set forth therein are incorporated by reference herein, Owner submitted to the City an application to revise the Initial Project into two phases as fol- 1 ows : - Phase I: Renovation of the existing building, commonly known as the Hotel Jerome, pursuant to Building Permit Application and Building Permit No. which renovation was com- pleted and a certificate of occupancy issued therefor on or about December 26, 1 985; - Phase II: An addition to the currently existing and reno- vated Hotel Jerome, as defined and described on the amended plat, specifically described as Amended and Restated PUD Plat (herein- after "Amended Plat") , a copy of which is attached hereto and incorporated herein by reference as Exhibit "A" . Collectively, Phase I and Phase II may be referred to herein as "the Project"; and WHEREAS, City and Owner desire to amend the agreement per- taining to the Initial Project, dated April 20, 1983, to reflect Phase I and a redesigned Phase II, as well as various matters set forth below, into one comprehensive agreement which will amend and supersede the agreement dated April 20, 1983 (hereinafter this agreement will be referred to as "Amended Agreement"); and 2 WHEREAS, Owner has submitted to the City for approval, execu- tion and recordation, the amended plat for the Project, and City is willing to approve, execute and accept for recordation the amended PUD plat on the agreement of Owner to the matters herein- after described, subject to all of the requirements, terms and conditions of Article VIII of the Municipal Code as presently constituted and such other laws, rules and regulations as are or may be applicable; and WHEREAS, it is the intent of Owner and Ci t v that the am end ed plat shall amend, supercede and replace the plat recorded April 20, 1983 ; and WHEREAS, the City has imposed conditions and requiremebs in connection with its approval, execution and acceptance of the amended plat and such matters are necessary to protect, promote and enhance the public health, safety and welfare; and WHEREAS, under authority of Section 20-16(c) and Section 24-8. 1 et seq. of the Municipal Code of the City of Aspen, the City is entitled to assurances that the matters hereinafter set forth and agreed to will be faithfully performed by Owner and Owner' s successors and assigns; and WHEREAS, Owner is willing to enter into such agreement(s) with and to provide such assurances to the City. NOW, THEREFORE, in consideration of the premises, the mutual covenants herein contained, and the approval, execution, and acceptance of the amended plat for recordation by the City, it is agreed as follows: 3 1. Amended_Agreement_ and _Phasing. City and Owner agree that this amended agreement shall amend and supercede that Planned Unit Agreement Intel Jerome - Renovation and Addition, dated April 20, 1983, recorded in Book 444, at Page 750, office of the Pitkin County Cl er k and Recorder, and that the am end ed plat shall super - cede and replace the plat dated May 10, 1983, and recorded in Book 14 at Page 88, office of the Pitkin County. Clerk and Recorder. 2. Sidewalks, Curbs and Gutter. City acknowledges that Owner has constructed a new sidewalk along the Main Street fron- tag e and has or will repair the existing sidewalks on Mill Street, and shall maintain the sidewalks along Main Street and Mill Street in accordance with the sidewalk and improvements site plan, dated as of this Agreement, and annexed hereto and incorporated herein as Page 3 of Exhibit "A" to this agreement and the amended plat. Prior to and as a condition of the issuance of a certi- ficate of occupancy for Phase II, or within a reasonable time thereafter as agreed to in writing by the City Engineer, Owner shall construct new sidewalks along the Proj ect' s road frontages on Monarch and Bleeker Streets (6-foot minimum widths) together with curb and gutter, in accordance with the landscape plan annexed hereto and incorporated herein as Page 3 of Exhibit "A" to this agreement and the amended plat, as reasonably determined by the City Engineer. Owner shall repair or replace any existing (or newly installed) sidewalks, curb or gutter which may be damaged during construction. She current estimated cost of such sidewalk, 4 curb and gutter and improvements is contained in Exhibit "B" attached hereto and incorporated herein. 3. Additional -Improvements. Prior to and as a condition of the issuance of a certificate of occupancy for Phase II, Owner shall provide and install such waterlines and fire hydrants, sani- tary sewer lines, storm drainage improvements and storm sewers, and such other improvements, as are depic+-ed on the plat and as may be reasonably required pursuant to Section 20-16(a) of the Municipal Code, the schedule and estimated cost which is set forth in Exhibit "B" hereto. The current estimated cost of such improvements does not include sewer and water taps and related fees, which will be calculated and paid prior to the issuance of a building permit for Phase II, according to the then -standard prac- tices and charges of the sewer district and water department. Owner and City agree as follows with regard to the installation of such additional improvements: (a) Owner, at Owner's expense, shall install anew 8- inch waterline from the 12- inch water main in Monarch Street east on Bl eeker Street to the point where the hotel service begins, a distance of 240 feet. The waterline shall be looped into the Mill Street main, and Owner agrees to pay for the excava- tion, pipe, connections and patching necessary to complete this loop. ( b) City and Owner agree that Bl eeker Street between Monarch and Mill Streets has a steep grade and that this problem situated will be exacerbated by the shading of Bleeker Street, 5 resulting from the construction of Phase II and use of Bleeker Street for the garage entrance and delivery site for the Project. The City and Owner agree to regrade this block of Bleeker Street prior to construction of Phase II (or at such other time as the parties may mutually agree in writing) in order to mitigate traf- fic problems associated with the steepness of the grede and shad- ing caused by the Project, in accordance with.s regrading plan to be reasonably approved by the City Engineer. Such regrading shall be accomplished in accordance with applicable requirements of the Aspen Municipal Code and established City procedures and state law regarding the construction and installation of public improve- ments. City shall pay one-half the cost of necessary surveys, street plans, regrading, repaving and replacement of improvements to neighbors on the north side of Bleeker, pr ov id ed the following conditions are met: (1 ) The total cost shall be determined and calcu- lated prior to the issuance of a building permit for Phase II. (2 ) If the total cost is in excess of $35, 000. 00, the additional expenditure on the part of the City shall be approved by the City Cbuncil . The City' s contribution to the cost of improv Ements will be made on or before May 15, 1987. 4. L andsca_ping_Improvements. In accordance with Section 24-8.16 of the Municipal Code, all required landscaping for the project shall substantially conform to the landscape plan, annexed hereto as Page 3 of Exhibit "A" and the anended plat, which plan shows the extent and location of all plant materials and other 0 landscape features, flower and shrub bed definition, proposed plat material at mature sizes in appropriate relation to scale, species and size of existing plant material, proposed treatment of all ground surfaces (e.g., paving, turf, gravel, etc.) , location of water outlets, and a plant material schedule with common and botanical names, sizes and quantities. Landscaping will be com- pl eted in a logical phasing sequence commensurate with the phasing of the improvements contemplated in the construction schedule, but in no event later than one year after the date of the certificate of occupancy for Phase II. The current estimated cost of the landscaping imprme- ments for Phase II in the public rights-o f-wav, as determined by the City Engineer, is Twenty-two Thousand Seven Hundred Thirty-six Dollars ($22,736.00) . If Owner has not been issued a building permit for Phase II on or before May 1, 1987, Owner shall submit a detailed interim 1 and scaping pl an for approv al by the City Cb unc it , upon the recom- mendation of the Planning Director and City Engineer, to be com- pl eted by July 1, 1987. Owner agrees to spend at least Fifty Thousand Dollars ($50,000.00) for the purpose of landscaping the site according to the interim plan to be in effect until the com- mencement of construction of Phase II. It is the mutual understanding of the parties that a certificate of occupancy may in fact issue for the project even though the landscape improvements have not yet been completed, so long as the portion of the financial guarantee provided for in 7 Section 6 hereof which covers the estimated cost of such unfin- ished 1 ar-d scaping remains available to City pursuant to the terms of said Paragraph 6. 5. Construction_ Schedule and -Program. Owner and City mutu- ally acknowledge that exact construction schedules cannot be sub- mitted or agreed to at this time. It is anticipated that con- struction will begin in the summer of 1986, for completion for the summer of 1987. Prior to the issuance of a building permit for Phase II and as a condition precedent to the issuance thereof, Owner agrees to prov id e City Engineering Department with a detailed construction schedule, to the satisfaction of the City Engineer and Chief Building Official in the exercise of their rea- sonable discretion, which construction schedule shall particularly address how construction phasing will best accommodate under the following circumstances: ( a) Barr icad ing and provision of pedestrian protection, ( b) Maintenance of adequate public vehicular access and circulation in the development area, ( c) Excavation access and large truck traffic circulation and staging areas, (d) Construction equipment access and storage. Owner agrees that all construction material shall be stored on site and that all workers will be instructed to park in the Rio Grande parking lot to lessen the impact on the neighbor- hood. `Ihe construction schedule shall be verified by the sig- natures of the City Engineer and the Chief Building Official and recorded as a supplementary exhibit hereto. Any amendments to the construction schedule shall be reviewed by the Planning Director, verified by the signatures of the City Engineer and Chief Building Official, and, at the option of City, recorded as supplementary exhib -ts hereto. 6. F inancial Assurances. In order to secure the perfor- mance of the construction and installation of the landscaping improvements and site improvements described in Paragraphs 2, 3 and 4 above, and to guarantee 100% of the estimated cost of non - landscaping improvements and 125% of the landscaping improvements, which estimated costs approved by the City Engineer are (non- landscaping improvements) and ( land sc aping improvements) . Owner shall guarantee by cash escrow with the City, or a bank or savings and loan association; or an irrevocable site draft or letter of co; mitment from a financially responsible lendor that funds in the amount of such estimated cost are held by it for the account of Owner for the construction and installation of the above -described improvements. Said guarantee shall be delivered to the City prior to the issuance to Owner of a building permit for Phase II, and shall be in a form acceptable to the City Attorney and City Manager, and shall give the City the uncondi- tional right, upon clear and unequivocable default by the Owner, to withdraw funds as necessary and upon demand to partially or fully complete and/or pay for any of such improvements or pay any outstanding bills for work done thereon by any party, with any excess guarantee amount to be applied first to additional adminis- trative or legal costs associated with any such default and the repair of any deterioration in improvements already constructed before the unused remainder (if any) of such guarantee is released to Owner. As portions of the improvements are completed, the City Engi,-ieer shall inspect them, and upon approval and acceptance, he shall authorize the release of the agreed estimated cost for that portion of the improvements, except that ten (1 0) percent of the estimated cost shall be withheld until the proposed improvements are completed and approved by the City Engineer. Owner shall guarantee by a maintenance bond or other suitable means, the repair of any existing improvements damaged during the construc- tion of new improvements as reasonably determined by the City Erg ineer . Owner shall in no way be relieved of any obligations to make the improvements, nor is the City obligated to assure the responsibility for any improvements, by reason of the acceptance or approval of any guarantees. Furthermore, Owner hereby agrees to and does hereby war- ranty all such improvements to accepted standards of good wor knan- ship for a period of one (1 ) year from and after acceptance there- of in writing by City. In addition to this warranty, Owner shall obtain from its contractors customary warranties of good worknan- ship with the City as beneficiary, with respect to all improve- ments required by Sections "2 ", "3 " and "4 " hereinabove. 10 7. Miscellaneous Issues. Owner agrees to the following items as a condition of this agreement and the approvals contained herein: a) Owner shall remove overhead wires in the middle of the garden prior to cons___ __ ` __ n = F Phase II for safety reasons. b) Owner, at Owner's sole cost and expense, shall repair the underground electric line servicirm the street lights on Mill Street which was severed during construction of Phase I. Such repairs shall meet applicable City specifications. c) A transformer and emergency generator are located on the western edge of the garden. Owner is exploring moving these to a new location on the site. Should this prove to be impractical, Owner shall work with neighbors to lessen sound transmissions from the generator. d)' Owner shall provide guest transportation and air- port pickup and delivery. Any vehicle owned, possessed or oper- ated for such purposes by Owner, shall be stored in the under- ground garage. e) Owner has received conditional use approval from the Planning and Zoning Commission for the expansion of the hotel in the CC zone district, special review approval to vary the trash and utility access area, and special review approval to utilize the garden area for forty-four (44) outdoor dining seats associ- ated with the restaurants in the Project. Such outdoor dining seats shall not diminish allowable indoor seating. 11 8. E ij�ployee_H ousing. As a further inducement to the City to approve the Project in two phases as set forth in this mended agreement, Owner has agreed to and does hereby confirm and acknow- ledge its obligation to provide housing for employees of the pro- ject, as required by the Municipal Code and regulations of the City of Aspen, or its designee, in connection with the Project. With regard to Phase I, Owner hereby agrees that Fmoms No . "1 ", 112" , 113" and "4" in the hotel annex, as such rooms are designated on the amended plat, shall be and hereby are restricted exclu- sively to use as employee housing under and in accordance with such City of Aspen employee housing use, occupancy, rental and sales price guidelines as may be in effect and applicable from time to time, sufficient to house four (4) employees of the Pro- ject and restricted to a maximum occupancy of one (1) employee per bedroom. Such rooms shall be used solely by hotel employees, and verification of an employee's employment qualifications shall be accomplished by the City, or its designee, prior to and as a con- dition of occupancy of any of the above identified rooms. Said rooms shall not be utilized by any person whose use and occupancy thereof is not verified as set forth above. The dedication and covenants contained herein shall be deemed a burden upon and to run with the title to the Project and shall be binding upon the Owner and Owners, successors and assigns and upon all other per- sons or entities having any right, title or interest in or to the Project (or bedrooms) or any part thereof, and shall in ur e to the benefit of and be specifically enforceable by the City of Aspen or 12 its designee by appropriate legal action, including injunction, abatement or eviction of non -complying tenancies, all for a period of fifty (50) years from the date of recording of this amended agreenent in the Pitkin (aunty Clerk and Recorder's office. Neither this dedication nor any of the covenants contained herein shall be modified, released or waived in any respect except by written instrument executed by both Owner or its successor or assigns in the City of Aspen, Colorado, and duly recorded in the Pitkin Gounty Clerk and Recorder's office. Further, Owner repre- sents and warrants that any and all persons, firms or entities having any lien, encumbrance or interest in the Project have con- sented to the employee housing dedication and restrictions herein, and that this amended agreement shall not be recorded in the office of the Pitkin County Cl er k and Recorder, nor shall the approvals granted herein take effect, without the written consent (or ) of any such per son . With regard to the requirement for employee housing in connection with Phase II, and as a condition to the issuance of a certificate of occupancy with respect to Phase II, the City acknowledges that such employee housing requirements may be satis- fied by deed restricting seven (7) bedrooms, specifically Units No. 8, 11, 12, 13, 14, 15 and 16 of the Cortina Lodge, Aspen, Colorado. Such units shall be available for fifteen (15) employees of the Project, and the rent therefor shall be deed restricted to the low income rental guidelines in effect at the time of deed restriction, and may be adjusted annually according 13 to the annually adopted City guidelines. Rents shall include all commonly metered or assessed utilities, management cost and taxes. Employees employed directly by Owner shall be given first priority to occupy the units. No rooms shall be rented for a period of less than thirty (3 0) days without the permission of the City Council or its housing designee. If vacancies occur, Owner shall be permitted to rent to other Employees and music .stuu`nts in accordance with the low income price and income guidelines adopted by the City. The City Council or its housing designee shall have the right to review rents and confirm employee status prior to and as a condition of employee's occupancy for compliance with adopted City guidelines. The employee housing to be provided with respect to Phase II shall comply with the housing si ze , type, income and occupancy guidelines of the City of Aspen and the provisions of Section 24-11. 10 of the Municipal Code. The employee housing com- mitment, with regard to Phase II, shall be performed in the fol- lowing manner: Contemporaneously with the execution of this agreement, Owner has signed, acknowledged and delivered into escrow with the Aspen City Cl er k a "Dedication of Real Property to Employee Hous- ing Restriction and Guideines" covering the Cortina Lodge, which dedication is to be held by the City Clerk subject to the follow- ing instructions: At the same time that the City issues and delivers to Owner a valid and effective certificate of occupancy with regard to Phase II of the Project, the City Clerk shall and is hereby authorized, empowered and instructed to record in the 14 office of the Pitkin County Clerk and Recorder, the dedication covering the aforesaid seven (7) bedrooms in the Cortina Lodge . Owner agrees to confirm to City the status of title to the Cortina Lodge property as follows: At the time that Owner applies for a certificate of occupancy for Phase II of the Project, Owner shall deliver to the City Attorney a current Owner' s and Encumbrances Report issued by a local title insurance company covering the property, together with either a release or a subordination of any monetary liens disclosed by such reports as those liens may affect the subject ded ications. Additionally, Owner covenants that from and after the date hereof any entities lending funds secured by such employee housing property shall be given actual notice of the dedication requirements contained in this agreement. Owner shall have the right to substitute the required off - site employee housing for an aggregate of fifteen (15) employees, provided (i) the location, size and configuration of such substi- tute housing is acceptable to the City of Aspen, as reflected by resolution of the City Council, ( ii) the minimum number of accep- table employee housing units required to house fifteen (15 ) employees remains available at all times, and (iii) deed restric- tions, of sane legal effect as those described above with respect to the Obrtina Lodge, are imposed upon the substitute units prior to release of the Cortina Lodge units and occupancy of the substi tuted units. Contemporaneously with the filing of deed restric- tions in accordance with the above conditions, the City shall 15 release the deed restrictions upon the off -site units which have been replaced. Further, should Owner secure more units than are necessary to house fifteen (15) employees off site, Owner's on -site employee bedroom requirement for Phase I (i.e. the annex pooms No . 1, 2, 3 and 4 ) shall be red uced and deed restr ictions released by the exact mount of housing as may be acceptable to as reflected by resolution of the City Council. Further, should Owner at the time of application for certificate of occupancy for Phase II of the Project, not have provided sufficient units to house fifteen (15) emplovees as here- inabov e described, Owner shall, prior to the issuance of the cer- tificate of occupancy for Phase II, and as a condition precedent thereto, covenant and restrict a sufficient number of bedrooms within Phase II of the Project necessary to cover any shortfall in the off -site housing requirements, which deed restrictions shall be the sane in legal effect as Owner's off -site housing requirements would have been required to meet under the terms hereof, such restricted bedrooms shall thereafter be released from said covenants when Owner does provide the required number of off -site employee bedrooms in the manner above required. Further, Owner warrants that, at the time of the issu- ance of a certificate of occupancy for Phase II, all per sons , or entities having any lien, encumbrance or interest in any of the employee housing, deed restricted, properties will have consented ( or subordinated) to such deed restrictions; and that no occupancy of Phase II will be permitted without the written consent (or 16 subordination) of any such person, unless otherwise agreed to in writing by City. The deed restriction and covenants restriction and release form shall be approved as to form by the City Attorney prior to recordation. 9. P arking. As a condition to the approvals granted herein and herewith, Owner shall provide parking in connection with the Project in the manner hereinafter described: - Phase I. In the event a building permit has not been granted for Phase II by October 1, 1986, Owner shall provide no less than twenty-seven (27) orr-site parking spaces, said spaces to be ready for use by Pbvember 1 , 1986, and to remain in use until the beginning of construction of Phase II. - Phase II. As a condition of the approvals granted herein, Owner agrees to provide fifty-one (51) parking spaces on -site, enclosed in a parking garage according to representations made during the approval process and noted on the amended plat. These fifty-one (51 ) parking spaces shall include, and shall not be in addition to, the twenty-seven (27) spaces to be prov id ed by Owner in connection with Phase I. 10. E ncroachments. Owner shall obtain such licenses as may be necessary with respect to encroachments in City rights -of -way. Application for such encroachments shall be pursued by Owner inde- pendently of the approvals contained herein. 11. Periodic Reviews. Owner agrees that every six months following the date of this agreement until construction is com- 17 plete, Owner will meet with the City Planning Director for the purpose of informing the Planning Director as to Owner's progress in developing the project pursuant to the terms and provisions of this agreement and the approvals encompassed hereby. The Planning Director shall report to the City Planning and Zoning Commission and the City Council on the outcome of these meetings. Owner and City recognize that these meetings are not opportunities for Owner to avoid complying with the requirements of this amended agree- ment, but are for the purpose of prov id ing progress reports and developing mutually acceptable solutions to any problems which may be encountered during the construction. 12. I ncorporation_of Representations and Written Submittals. Owner hereby ratifies and confirms each and every representation made and set forth by Owner in its application dated November 29, 1 985, and 'all written submittals and representations made in con- nection therewith to the Planning and Zoning Commission and City Council, which application and representation shall be deemed to be a part of this agreement and to be incorporated herein by this reference. 13. Perm -anent Careand Maintenance of Landscaping. Owner agrees that it shall be the perpetual responsibility of the Owner or Owners from time to time of the Project to design, maintain, care for, and replace when necessary, trees, shrubs, plants, and other landscaping features which may be planted or otherwise incorporated in the Project pursuant to the landscape plan annexed hereto. IU 14. Use and Maintenance _of Open_Space. Owner shall occupy those portions of the amended plat designated as "open space" con- sistent with such uses and occupancy as permitted by applicable provisions in the Aspen Municipal Code pertaining to open space, existing and as in effect as of the date of the execution of this agr eement . Further, Owner agrees to maintain in a clean and attrac- tive condition and good state of repair all such open space con- tained within the Project. 15. Non-C om2 iance_ and R eguest_ for_Amendments or Extensions by Owner. In the event that the City Council determines that the Owner is not acting in substantial co7npl iance with the terms of this agreement , the City Council may issue and serve upon Owner a written order specifying the alleged non-compliance and requiring the Owner to cease and desist from such non-compliance and rectify the same within such reasonable time a5 the City Council may determine. Within twenty (20) days of the receipt of such order, the Owner may file with the City Council either a notice advising the City Council that it is in compliance or a written petition requesting a hearing to determine any one or both of the following matters: ex i st ; or ( a) Whether the alleged non-compliance exists or did ( b) Whether a variance, extension of time or amendment to this agreement should be granted with respect to any such nor - compliance which is determined to exist. 19 Upon the receipt of such petition, the City Council shall promptly schedule a hearing to consider the matters set forth in the cease and desist order and in the petition. The hearing shall be convened and conducted pursuant to the procedures normally established by the City Council for other_ hearings. If the City Council determines by a preponderance of the evidence that a non- compl fiance_ exists which has not been remedies, it may issued such orders as may be appropriate; provided, however, no order terminating any approval granted herein shall be issued without a finding of the City Council that substantial evidence warrants such action in affording the Owner a reasonable time to remedy such non-compliance. A final determination of non-compli- ance which has not been remedied or for which no variance has been granted may, at the option of the City Co unc it , and upon written notice to the Owner, terminate any of the approv al s contained herein which are reasoanbly related to the requirements with which Owner has failed to comply. Alternatively, the City Council may grant such variances, extensions of time or amendments to this agreement as it may deed appropriate under the circumstances. In addition to the foregoing, the Owner or its successors or assigns may, on its own initiative, petition the City Council for a vari- ance, an amendment to this amended agreement or an extension of one or more of the time periods required for performance under the construction schedules or otherwise. The City Council may grant such variances, amendments to this agreement, or extensions of time as it may deem appropriate under the circumstances. The par- 20 ties expressly acknowledge and agree that the City Council shall not unreasonably refuse to extend the time periods for performance indicated in the construction schedules if Owner demonstrates by a preponderance of the evidence that the reasons for the delay(s) which necessitate said extension(s) are beyond the control of the Owner, despite good faith efforts on its part to perform in a timely manner. With respect to the construction schedule, the Owner has made various assumptions, including the following: (1 ) Negotiation, arrangement and completion of the pre- existing activity by Owner, including construction borrowing, bid- ding, contractor selection and contractor mobilization prior to the projected starting date of no later than May 1, 1987; (2 ) Ratification of the estimated construction and development schedule by the selected lender and contractor; (3 ) Prompt availability of the required labor forces and construction materials at all necessary phases throughout the construction; (4) No interruption in construction operations through the winter months during the actual construction period by acts of God, or other matters beyond the control of Owner. 16. Notice. Notice is to be given to the parties to this agreement shall be deemed given if personally delivered or deposited in the United States Mail to the parties by registered or certified mail at the addresses indicated below, or at such other addresses as may be substituted by written notice by the parties or their successors or assigns: 21 City of Aspen: City Manager 130 South Galena Street Aspen, Colorado 81611 Copies to: Levitt, Rockwood & Sanders Attorneys at Law 33 Riverside Avenue Westport, Connecticut 06880 Owner : Hotel Jerome Limited Partner- ship c/o Marketing Corp. of America 285 Riverside Avenue Westport, Connecticut 06880 17. B inding_C lause. The provisions hereof shall run with and constitute a burden upon the title to the subject property, it shall be binding upon and shall inure to the benefit of the Owner and the City and their respective heirs, personal representatives, successors and assigns. 18. Applicable Law. This agreement shall be subject to and construed in accordance with the laws of the State of Colorado and the Municipal Code of the City of Aspen. 1 9. Severbility. If any of the provisions of this agreement or any paragraph, sentence, clause, phrase, word or section or the application thereof in any circumstances is invalidated, such invalidity shall not affect the validity of any such provision, paragraph, sentence, clause, phrase, word or section under any other circumstances shall not be affected thereby. 20. Incorporation of Recitals_ and Written Submittals. The City and Owner stipulate and agree that the "recitals" pr ec ed ing this agreement, and all of the written submittals (as amended and presently effective) made by Owner to City throughout the course 22 of the approval process, shall be deemed to be a part of this agreement and to be incorporated herein by this reference. 21. Entire Agreement; Amendment. This agreement contains the entire understanding and agreement between the parties herein with respect to the transactions contemplated hereunder and may be altered or amended from time to time only by written instrument executed by each of the parties hereto. 22. Acceptance of Plat. Upon execution of this amended agreement by all parties hereto, the City agrees to approve and execute the amended plat, and to accept the sane for recordation in the office of the Pitkin Qbunty Clerk and Recorder, upon pay- ment of the recordation fee and cost to the City by Owner. IN WITNESS WHEREOF, the parties hereunto set their hands and seals the day and year first above written. ATTEST: Ka thr yn S. Koch, City Clerk APPROVED AS TO FORM: Paul J. Taddune, City Attorney C IT Y OF ASPEN, COLORA DO A Municipal Corporation William L. Stirling, Mayor 23 OW NERS : HOTFL JEROME LIMITED PARTNERSHIP, A Connecticut Limited Partnership By--------------------------------- MARKETING CORPORATION OF AM ERICA By--------------------------------- Ger ald A. Smith STATE OF COLORADO J ss. County of Pitkin ) The foregoing instrument was acknowledged before me this _ day of ___ ____ ____ __ __ , 1986, by William L. Stirling as Mayor and Kathryn S. Koch as City Clerk of the City of Aspen, Color ado. WITNESS MY HAND AND OFFICIAL SEAL. My commission expires: --------------------------------- Notary Publ is Address------------------ --- S TATE OF C ONN ECT IC U]' J ss. County of ) The foregoing instrument was acknowledged before me this day of as of Hotel Jerome Limited Partneship. WITNESS MY HAND AND OFFICIAL SEAL. My commission expires: --------------------- Notar y Pub 1 is ------------------------ -- Address 24 I STATE OF CONNECTICUP ) SS. County of ) The foregoing instrument was acknowledged before me this __-- day of ........................ 1986, by as of Marketing Corporation of ?merica. 3C WITNESS MY HAND AND OFFICIAL SEAL. My commission expires: No tar y Pub is — ------------------------------- Address 25 MEMORANDUM TO: Aspen City Council THRU: Ron Mitchell, Acting City Manager FROM: Alan Richman, Planning and Development Director RE: Hotel Jerome PUD Agreement DATE: July 9, 1986 SUMMARY: If the Council can resolve the issues discussed below and the City Attorney can complete his review of the agreement and resolve any additional outstanding issues, the Planning Office recommends Council's approval of the agreement. PREVIOUS COUNCIL ACTION: At your meeting on June 23, you approved the amendments to the prior PUD, subject to your review of the PUD agreement. BACKGROUND: The purpose of the PUD agreement is to obtain a written commitment from the applicant that all improvements required of the development will be appropriately installed and all other conditions and commitments will be met within a specified time frame. An agreement was entered into by the City and the prior owner of the Hotel Jerome in April, 1983 concerning the original Hotel Jerome PUD. The intent of the agreement before you today is to supersede all provisions of the prior agreement and to reflect all conditions and commitments from the Phase I (The Renovation) and Phase II (The Addition) PUD amendments. PROBLEM DISCUSSION: The agreement in your packet is the third draft submitted to the City. The City Attorney reviewed the first draft and is looking at the third draft; the Planning Director and Project Engineer have reviewed the second draft and feel that most of our substantive concerns have been addressed in this latest version. There are two sections of the PUD Agreement which we would like to bring to Council's attention for possible revisions. Both of the areas of dispute are in Section 3 of the agreement, Other Physical Improvements. On page 5, the agreement deals with the water line extension and does not provide for payment of the full cost of the loop by the applicant. Staff comments in this regard are: o The loop is of benef it to the project and not to the City as a whole. The system is already looped in this vicinity for other projects but would not be for the Jerome without installation of the full improvement requested. o The City is not reneging on any provision of the prior agreement. The City did not commit in the prior PUD Agreement to paying for the loop. o The City Water Department Supervisor feels very strongly that the loop should be installed by the applicant. In the event that no agreement is reached on this matter, Jim Markalunas asks that a hold harmless clause be added to the agreement as to water service by the City. Staff recommends that Council require the applicant to pay for the entire cost of looping the water system. The second area in question is on page six (6) , where the agreement addresses the regrading which is to occur on Bleeker Street. In Condition 3 of P&Z Resolution 86-8, which was accepted by Council on 6/23, the applicant is required to front the entire cost of the regrading, with the City repaying the applicant for half the cost. The applicant has met this condition, but has stated that the City's repayment period is two years, and interest is to be charged at ten percent. While the two year time period seems reasonable for this minor capital expense, the provision for interest is new, and unexpected. We do not support its inclusion in the agreement. Two other minor issues which the applicant is presently addressing are: 1. On page 7 some language has been left out and so the reference to landscaping costs is confusing; and 2. Exhibit A (cost schedule) and Exhibit B (plat and landscape plan) are not properly identified in the agreement and need to be attached. We expect both exhibits to be available at your meeting. ADVISORY COMMITTEE VOTE: On July 8, we informed P&Z of Council ' s action with respect to the height on Bleeker Street. The Commission determined that the height condition applied only to the PUD Amendment (on which it is a recommending body and can be overturned by Council) and not to the Conditional Use Permit (on which P&Z has final authority) . Therefore, the P&Z recommendation of approval is valid, and Council can complete its action on the PUD at this time. RECOMMENDED MOTION: Upon resolution of the above issues, the appropriate motion is: "Move to approve the Hotel Jerome Amended PUD Agreement and to authorize the way or to sign said document following its review by the Attorney as to its form". AR.79 7,61 - b 3�2-k D ZA­C-k AMENDED AND RESTATED PLANNED UNIT DEVELOPMENT AGREEMENT HOTEL JEROME RENOVATION AND ADDITION This Restated and Amended Agreement, made and entered into this day of , 1986, by and between the City of Aspen, Colorado, a municipal corporation and a home -rule City (hereinafter referred to as the "City") and the Hotel Jerome Limited Partnership (hereinafter referred to as the "Owner"). W I T N E S S E T H: WHEREAS, Owner owns that real property and the building situated thereon, commonly known as the "Hotel Jerome", more particularly described as follows: Lots A, B, C, D, E, F, G, H, I, 0, P, Q, R, S, and the East 20 feet of Lot N, Block 79, together with the East 170.78 feet of the vacated alley in said Block 79, City and Townsite of Aspen, County of Pitkin, State of Colorado; and WHEREAS, the Owners predecessor in title, JOHN F. GILMORE, submitted to the City for approval, execution and recording a Final Planned Unit Development (P.U.D.) Plat pertaining to the development of that project known as the "Hotel Jerome - Renovation and Addi- tion" (hereinafter referred to as the "Initial Project"); and - 1 - WHEREAS, Owner's predecessor in title entered into a Planned Unit Development Agreement with the City for said Initial Project, entitled "Planned Unit Development Agreement - Hotel Jerome - Renovation and Addition", dated April 20, 1983, recorded in Book 444 at Page 750, Pitkin County Clerk and Recorder's office; and WHEREAS, pursuant to an application dated November 29, 1985, which application and all representations set forth therein are hereby incorporated by reference, Owner submitted to the City an application to revise the Initial Project into two phases as follows: - Phase I: Renovation of the exisitng building, commonly known as the Hotel Jerome, pursuant to Building Permit Application and Building Permit No. , which renovation was completed and a certificate of occupancy issued therefor on or about December 26, 1985; - Phase II: An addition to the currently existing and reno- vated Hotel Jerome, as defined and described on the plat to be pre- sented and approved by the City in accordance with the procedures for amending and/or revising a PUD plan set forth in Section 24-8.26 of the Municipal Code of the City of Aspen, Colorado. Collectively, Phase I and Phase II shall be known as "The Project"; and WHEREAS, City and Owner desire to amend the Agreement pertain- ing to the initial Project dated April 20, 1983, to reflect Phase I and a redesigned Phase II, as well as various matters set forth below, into one comprehensive Agreement which will supercede the Agreement dated April 20., 1983 (hereinafter this new Agreement will be referred to as "Amended and Restated Planned Unit Development Agreement"); and - 2 - WHEREAS, the City is willing to approve this Amended Agreement upon representation of Owner that a new plat and landscape plan will be filed within ninety (90) days of City approval, meeting approval of the City Engineer, which plat and landscape plan will accurately reflect presently existing Phase I and proposed Phase II, and which shall supercede and replace the Plat recorded April 20, 1983; and WHEREAS, the City has imposed conditions and requirements in connection with its approval of applicant's request to phase the project as hereinabove described, and the parties desire to reaffirm the initial Agreement as necessary to protect, promote and enhance the public health, safety and welfare; and WHEREAS, under the authority of Section 20-16(c) and Section 24-8.1 et seq., of the Municipal Code of the City of Aspen, the City is entitled to assurances that the matters hereinafter set forth and agreed to will be faithfully performed by Owner; and WHEREAS, Owner is willing to enter into such agreement(s) with and to provide such assurance(s) to the City. NOW, THEREFORE, in consideration of the premises, the mutual covenants herein contained, it is agreed as follows: 1. Amended Agreement and Phasing. City and Owner agree that this Agreement shall supercede and amend that Planned Unit Develop- ment Agreement Hotel Jerome - Renovation and Addition, dated April 20, 1983, recorded in Book 444 at Page 750, Office of the Pitkin County Clerk and Recorder, and that a new Plat shall be submitted and recorded to supercede and replace the Plat dated May 10, 1983, and recorded in Book 14 at Page 88, office of the Pitkin County Clerk and Recorder, which plat shall comply with all applicable - 3 - requirements and the City of Aspen PUD regulations. The new plat shall consist of a plat, a utility plan, a landscape plan, and plan of the service and delivery access. 2. Sidewalks, Curb and Gutter. City acknowledges that Owner has constructed a new sidewalk along Main Street frontage and has or will repair the existing sidewalks on Mill Street and shall maintain said sidewalks along Main Street and Mill Street in accordance with the sidewalk and improvements site plan, dated as of this Agreement, annexed hereto and incorporated herein as Exhibit "A". Prior to issuance of a Certificate of Occupancy for Phase II, or within a reasonable time thereafter as agreed to by the City Engineer, Owner shall construct new sidewalks along the Project"s road frontages on Monarch and Bleeker Streets (six-foot minimum widths) together with curb and gutter, all as reasonably determined by the City Engineer, in accordance with the Landscape plan, the applicable provisions of Chapters 19 and 20 of the Aspen Municipal Code, as amended, and accepted engineering standards and practices. Owner shall repair or replace any existing (or newly installed) sidewalks, curb or gutter which may be damaged during construction. The current estimated cost of such improvements is contained in Exhibit "A" attached hereto and incorporated herein by this refer- ence. Such cost estimate shall be updated by the City Engineer when Owner applies for a Building Permit for Phase II, and Exhibit "A" shall be amended accordingly at that time. 3. Other Physical Improvements. Prior to the issuance of a Certificate of Occupancy for Phase II, Owner shall provide and install such water lines and fire hydrants, sanitary sewer lines, - 4 - storm drainage improvements and storm sewers, and such other physi- cal improvements, as may be reasonably required pursuant to Section 20-16(a) of the Municipal Code, in connection with Phase II and according to normal City specifications, the schedule and cost of which include, without limitation, those contained in Exhibit "A". Such cost estimate shall be updated by the City Engineer when Owner applies for a Building Permit for Phase II and Exhibit "A" shall be amended accordingly at that time. The current estimated cost of such improvements does not include sewer and water taps and related fees, which will be calcu- lated and paid prior to issuance of a Building Permit for Phase II according to the then -standard practices and charges of the sewer district and water department. Specific improvements include: (a) A new 8" water line will be installed from the 12" water main in Monarch Street east on Bleeker Street to the point where the Hotel service begins, a distance of 240 feet. • The City of Aspen wants this water line to be looped into the Mill Street main. The Owner agrees to pay for the excavation, pipe, connections and patching necessary to complete this loop. The City agrees that the actual cost of completing the loop shall be credited to the water tap fees for Phase II. (b) The City and Owner agree that Bleeker Street between Monarch and Mill Streets has a steep grade and this problem situation will be exacerbated by the shading of Bleeker result- ing from the construction of Phase II and use of Bleeker for the garage entrance and delivery site for the Hotel. The City - 5 - and Owner agree to regrade this block of Bleeker Street prior to construction of Phase II or at such time as shall be mutually agreeable to the Owner and City Engineer in order to create an average finished grade of some 2.5 percent. The cost of surveys, street plans, regrading, repaving and replacement of improvements to neighbors on the north side of Bleeker shall be divided equally between the City and Owner. The City shall have the choice of paying their share of the costs or of executing a promissory note to the Owner calling for repayment of the City"s share over a two-year period with interest at ten (10) percent, in which case the Owner shall front the cost. The promissory note shall be an Exhibit to this Agreement and shall be recorded when fully executed. The current cost esti- mate is $35,000.00. The costs will be updated and refined by the Owner and City Engineer prior to application for a building permit for Phase II. As partners in the re -grading project, the City and Owner shall mutually agree to the plan, the cost, and choice of contractors. 4. Landscape Improvements. In accordance with Section 24-8.16 of the Municipal Code, all required Landscaping shall substantially conform to a "Landscape Plan" annexed to the Plat and incorporated herein by reference which shows the extent and location of all plant materials and other landscape features, flower and shrub bed defini- tion, proposed plant material at mature sizes in appropriate rela- tion to scale, species and size of existing plant material, proposed treatment of all ground surfaces (e.g., paving, turf, gravel, etc.), location of water outlets, and a plant material schedule with common - 6 - and botanical names, sizes and quantities. Landscaping will be com- pleted in a logical phasing sequence commensurate with the phasing of the improvements contemplated in the Construction Schedule, but in no event later than one year after the date of the Certificate of Occupancy for Phase II. If the Owner has not been issued a building permit for Phase II by the City of Aspen by May 1, 1987, a detailed Landscaping Plan shall be submitted for approval by the City Planning Department and the City Engineering Department in the exercise of their reasonable discretion, to be completed by July 1, 1987. The Owner agrees to expend at least $50,000.00 for the purpose of landscaping the site according to an interim plan to be in effect until construction of Phase II. The current estimated cost of such landscaping improve- ments is agreed by the City Engineer to be $22,736.00. Such cost estimate shall be updated by the City Engineer when Owner applies for a building permit for Phase II, and Exhibit "A" shall be amended accordingly at that time. It is the mutual understanding of the parties that a Certifi- cate of Occupancy may be issued for Phase II even if the landscaping improvements have not yet been completed, provided the portion of the guaranty in Paragraph 6 below which covers the estimated cost of such unfinished landscaping remains available pursuant to the terms of Paragraph 6. 5. Construction Schedule and Program. The construction sche- dule outlines the time periods for construction and the methods for satisfying the terms of the Agreement. Owner represents to City that an accurate construction schedule cannot be submitted at this - 7 - time. It is anticipated that construction will begin in the summer of 1986, for completion for the summer of 1987. Prior to the issu- ance of a Building Permit for Phase II and as a condition precedent thereto, Owner agrees to provide the City Engineer with a detailed construction schedule, to the satisfaction of the City Engineer and Chief Building Official, which shall particularly address how construction phasing and other techniques will best accommodate under circumstances (a) barricading and provision of pedestrian protection, (b) excavation access and large truck traffic and staging areas, and (c) construction equipment access and storage. Owner agrees that all construction materials shall be stored on the site and that all workers will be instructed to park in the Rio Grande parking lot to lessen the impact on the neighborhood. Such construction schedule shall be verified by the signatures of the City Engineer and the Chief Building Official and recorded as a supplementary exhibit hereto. Any amendments to the construction schedule shall be reviewed by the Planning Department, verified by signatures of the City Engineer and Chief Building Official, and (if the City requires) recorded as supplementary exhibits hereto. 6. Financial Assurances. In order to secure the performance of the construction and installation of the improvements described in Paragraphs 2, 3 and 4 above, and to guarantee one hundred percent (100%) of the estimated cost of such improvements as reasonably agreed to by the City Engineer (as such amount may be updated from time to time as herein provided), Owner shall guarantee, by sight draft or letter of commitment or credit from a financially responsi- ble lender (to be irrevocable until such improvements are com- - 8 - pleted), that funds in the amount of such estimated cost are held by it for the account of Owner for the construction and installation of the above -described improvements. Said guaranty shall be delivered to the City prior to the issuance to Owner of a building permit for the Project, shall be in a form acceptable to the City Attorney and the City Manager, and shall give the City the unconditional right, upon default by the Owner and notice of such default in conformance with the procedures outlined in Paragraph 15 of this Agreement, to withdraw funds upon demand to partially or fully complete and pay for any of such improvements or pay any outstanding bills for work done thereon by any party, with any excess guaranty funds applicable to additional administrative or legal costs associated with any such default and the repair of any deterioration in improvements already constructed. As portions of the required improvements are com- pleted, the City Engineer shall inspect them, and upon approval and written acceptance, he shall authorize the release from the guaranty delivered by Owner of the agreed estimated cost for that portion of the improvements except that ten percent (10%) of the estimated cost shall be withheld until all proposed improvements are completed and approved by the City Engineer. Provided, that the withheld ten percent (10%) which relates to the improvements described in Para- graphs 2, 3 and 4 above shall be released by City upon completion and approval by the City Engineer of all such Paragraphs 2, 3, and 4 improvements and regardless of the stage of completion of landscape improvements described in Paragraph 4 above. - 9 - The Owner also agrees to deliver to the City, upon demand therefor by the City Engineer, a maintenance bond or other suitable guarantee as necessary and as may be reasonably required for the repair or replacement of any existing municipal improvements damaged during construction of new improvements. Owner will contract with recognized and bondable contractors for all improvements in Paragraphs 2, 3, and 4. The contractors shall warrant all such improvements to accepted standards of good workmanship for a period of one (1) year from completion and, at Owner's request, the City will agree in writing to accept the improvements. 7. Miscellaneous Issues. Owner agrees to the following items as a condition of this Agreement: a) Owner will remove overhead wires in the middle of the garden prior to construction of Phase II for safety reasons. b) Owner will repair underground electric line servicing a street light on Mill Street which was severed during con- struction of Phase I. c) A transformer and emergency generator are located on the western edge of the garden. Owner is exploring moving these to a new location on the site. Should this prove to be impractical, Owner will work with neighbors to lessen sound transmissions from the generator. d) Owner owns a Suburban station wagon which is to be used for guest transportation and airport pick-up and delivery, and will be stored in the underground garage. - 10 - e) Owner has received from the Planning and Zoning Commission a conditional use approval for the expansion of the Hotel in the CC Zone District, special review approval to vary the trash and utility access area, and special review approval for a restaurant with forty-four (44) seats in the garden area. 8. Employee Housing. As a further inducement to the City to approve the Project in two phases as set forth in this Amended Agreement, Owner has agreed to and does hereby confirm and acknow- ledge its obligation to provide housing for employees of the pro- ject, as required by the Code and regulations of the City of Aspen, or its designee, in connection with the Project. With regard to Phase I, Owner hereby agrees that Rooms No. 1, 2, 3, and 4 in the hotel annex on the top floor as designated on the amended and restated plat shall be and hereby are restricted exclusively to use as employee housing sufficient to house four (4) employees of the Hotel and restricted to a maximum occupancy of one (1) employee per bedroom. Such rooms shall be used solely by hotel employees, and verification of an employee's employment qualificaions may be accom- plished by the City of Aspen, or it's designee, at any time the City may wish. The dedication and covenants contained herein shall be deemed a burden upon and to run with the title to the project and shall be binding upon the Owner and Owner's successors and upon all other persons or entities having any right, title or interest in or to the project (or bedrooms) or any part thereof, and shall inure to the benefit of and be specifically enforceable by the City of Aspen or its designee by appropriate legal action, including injunction, abatement or eviction of non -complying tenancies, all for a period of fifty (50) years from the date of recording hereof in the Pitkin County Clerk and Recorder's Office. Neither this dedication nor any of the covenants contained herein shall be modified, released or waived in any respect except by written instrument executed by both Owner or its successors or assigns and the City of Aspen, Colorado, and duly recorded in the Pitkin County Clerk and Recorder's Office. The approval by the City Council on the 9th day of December, 1985, restricting seven (7) bedrooms, units 8, 11, 12, 13, 14, 15, 16, the Cortina Lodge, Aspen, Colorado, shall fully satisfy the requirements for Phase II of the project. These units shall be provided for use by fifteen (15) employees, and shall be deed restricted to City employee housing rental, qualifications and occupancy guidelines in effect at the time such units are so provided, and prior to the issuance of a Certificate of Occupancy for Phase II, and as a condition precedent thereto. The Owner shall have the right to substitute all of the required off -site employee housing for an aggregate of fifteen (15) employees provided (i) the location, size and configuration of such substitute housing is acceptable to the City of Aspen or its desig- nee, as reflected by resolution of the City Council, (ii) the mini- mum number of acceptable employee housing units required to house fifteen (15) employees remains available at all times, and (iii) the same deed restrictions are imposed upon the substitute units prior to occupancy of such units. Contemporaneously with such substitu- tion of units, the City shall release the deed restrictions upon those off -site units which have been replaced. Further, should the Owner secure more units than are necessary to house fifteen (15) - 12 - employees off -site, Owner's on -site employee bedroom requirement for Phase I (i.e., the Annex rooms 1, 2, 3, and 4) shall be reduced and deed restrictions released exactly by the amount of housing provided in excess of that required to house the fifteen (15) employees off -site, as may be acceptable to the City (or its designee, which may be the Aspen-Pitkin Housing Authority), including approval by resolution of the City Council. In the event use of the annex rooms changes, the Owner shall inform the Planning Director of the new intended use for his/her approval. The approval shall be in the form of a minor P.U.D. Amendment signed off on by the Planning Director. Further, should the Owner at the time of the certificate of occupancy for Phase II of the project, not have provided the units necessary to house fifteen (15) employees, Owner shall, prior to the issuance of the certificate of occupancy for Phase II and as a con- dition precedent thereto, covenant and restrict a sufficient number of bedrooms within Phase II of the project necessary to cover any shortfall in the off -site housing requirments, which temporary restricted bedrooms must meet the same City employee housing guide- lines as Owner's off -site employee housing units would have been required to meet under the terms hereof, and which temporary restricted bedrooms shall thereafter be released from said covenants contemporaneously with Owner providing the required number of units for off -site employee housing in the manner above required. Owner warrants that, at the time of the issuance of the certi- ficate of occupancy for Phase II, all persons, or entities having any lien, encumbrance or interest in the Cortina Lodge, will have - 13 - consented to such occupancy and that no certificate of occupancy for Phase II will be issued without the written consent of any such person or the substitution of other employee housing to satisfy the requirement unless otherwise agreed to by City Council. The deed restriction and covenant restriction and release forms shall be approved as to form by the City Attorney prior to recorda- tion. 9. Parking. As a condition of the approvals granted herein and herewith, the Owner shall provide parking in connection with the project in the manner hereinafter described. - Phase I. In the event a building permit has not been granted for Phase II by September 1, 1986, Owner shall provide twenty-seven (27) on -site parking spaces, or so many as approved by the City Engineer, said spaces to be ready for use by November 1, 1986, and to remain in use until the beginning of construction on Phase II. - Phase II. As a condition of the approvals granted herein, Owner agrees to provide fifty-one (51) parking spaces on -site enclosed in a parking garage according to representations made during the approval process and noted on the recorded plat. These fifty-one (51) parking spaces shall include and not be in addition to the twenty-seven (27) spaces required in Phase I. 10. Encroachments. Owner agrees to obtain such licenses as may be necessary with respect to encroachments in the City rights of way. Owner will pursue approval from City Council for all encroach- ments in a separate action. - 14 - 11. Periodic Reviews. Owner agrees that every six (6) months following the date of final City approval of this Project until the construction thereof is complete, he will meet with the City Plan- ning Office for the purpose of informing the Planning Office as to his progress in developing the Project pursuant to the terms and provisions of this Agreement. If the Planning Office deems it necessary, the Planning Office will report to the City Planning and Zoning Commission on the outcome of one or more of these meetings. The Owner and the City recognize that these meetings are not oppor- tunities for the Owner to avoid complying with the requirements of this Agreement, but are for purposes of providing progress reports and developing mutually acceptable solutions to any problems which may be encountered during the construction period. 12. Ratification of Representations. Owner hereby ratifies and confirms each and every representation made and set forth by Owner in its application dated November 27, 1985, hereunder and presentations made in connection therewith to the Planning and Zoning Commission and City Council. 13. Permanent Care and Maintenance of Landscaping. Owner agrees that it shall be the perpetual responsibility of the Owner or Owners of the Hotel Jerome property from time to time to maintain, care for, and replace when necessary, all trees, shrubs, plants, and other landscaping features which may be planted in connection with or which are otherwise incorporated in the Hotel Jerome Project pursuant to the Landscape Plan submitted to the City as a part of the Final Plat. - 15 - 14. Use and Maintenance of Open Space. Owner shall occupy the Project Open Space (i.e., the Jerome garden) for such uses as may from time to time be deemed appropriate by Owner, provided that such occupancy and uses shall at all times be in compliance with the then -applicable provisions of the Aspen Municipal Code. Owner agrees that it shall be the perpetual responsibility of the Owner or Owners from time to time of the Hotel Jerome property to maintain in a clean and attractive condition and in a good state of repair all such Open Space contained within the Project. 15. Non -Compliance and Request for Amendments or Extensions by Owner. In the event that the City Council determines that the Owner is not acting in substantial compliance with the terms of this Agreement, the City Council may issue and serve upon the Owner a written order specifying the alleged non-compliance and requiring the Owner to cease and desist from such non-compliance and rectify the same within such reasonable time as the City Council may deter- mine. Within twenty (20) days of the receipt of such order, the Owner may file with the City Council either a notice advising the City Council that it is in compliance or a written petition request- ing a hearing to determine any one or both of the following matters: (a) Whether the alleged non-compliance exists or did exist; or, (b) Whether a variance, extension of time or amendment to this Agreement should be granted with respect to any such non- compliance which is determined to exist. Upon the receipt of such petition, the City Council shall promptly schedule a hearing to consider the matters set forth in the - 16 - cease and desist order and in the petition. The hearing shall be convened and conducted pursuant to the procedures normally estab- lished by the City Council for other hearings. If the City Council determines by a preponderance of the evidence that a non-compliance exists which has not been remedied, it may issue such orders as may be appropriate; provided, however, no order terminating any approval granted herein shall be granted without a finding of the City Coun- cil that substantial evidence warrants such action and affording the Owner a reasonable time to remedy such non-compliance. A final determination of non-compliance which has not been remedied or for which no variance has been granted shall, at the option of the City Council, and upon written notice to the Owner, give rise to the right of specific performance and other remedies available at law or equity. In addition to the foregoing, the Owner or its successors or assigns may, on its own initiative, petition the City Council for an amendment to this Agreement or the Plat or to extend any of the time periods required for performance. With respect to the Construction Schedule, the Owner has made vaious assumptions, including the following: (1) Final approval of the Plat and related documentation prior to September 1, 1986; (2) Negotiation, arrangement and completion of pre -construc- tion activity by Owner, including construction borrowing, bidding, contractor selection and contractor mobilization prior to the pro- jected starting date of no later than May 1, 1987; - 17 - (3) Ratification of the estimated construction and development schedule by the selected lender and contractors; (4) Prompt availability of the required labor forces and con- struction materials at all necessary phases throughout the construc- tion period; (5) No interruption in construction operations through the winter months during the actual construction period by acts of God or other matters beyond the control of the Owner. The City Council shall not unreasonably refuse to extend the time periods for performance indicated in the Construction Schedule if Owner demonstrates by a preponderance of the evidence that the reasons for said extension are beyond the control of the Owner, despite good faith efforts on his part to accomplish the same. 16. Notice. Notices to be given to the parties to this Agree- ment shall be deemed given if personally delivered or if deposited in the United States Mail to the parties by registered or certified mail at the addresses indicated below, or at such other addresses as may be substituted upon written notice by the parties or their successors or assigns: City of Aspen: City Manager 130 South Galena Street Aspen, Colorado 81611 Owner: Hotel Jerome Limited Partnership C/o Marketing Corp of America 285 Riverside Drive Westport, Connecticut 06880 With copies to: Garfield and Hecht, P.C. 601 East Hyman Avenue Aspen, Colorado 81611 Perry Harvey Post Office Box 8720 Aspen, Colorado 81612 17. Binding Clause. The provisions hereof shall run with and constitute a burden upon the title to the subject property, and shall be binding upon and shall inure to the benefit of the Owner and the City and their respective heirs, personal representatives, successors and assigns. 18. Applicable Law. This Agreement shall be subject to and construed in accordance with the laws of the State of Colorado and the Municipal Code of the City of Aspen. 19. Severability. If any of the provisions of the Agreement or any paragraph, sentence, clause, phrase, word or section or the application thereof in any circumstances is invalidated, such invalidity shall not affect the validity of the remainder of the Agreement and the validity of any such provision, paragraph, sen- tence, clause, phrase, word or section under any other circumstances shall not be affected thereby. 20. Incorporation of Recitals. The City and Owner hereby stipulate and agree that -the Recitals preceding this Agreement are part of the Agreement and are to be deemed incorporated herein as though fully set forth. - 19 - 21. Entire Agreement; Amendment. This Agreement contains the entire understanding and agreement between the parties herein with respect to the transactions contemplated hereunder and may be altered or amended from time to time only by written instrument executed by each of the parties hereto. 22. Acceptance of Plat. Upon execution of this Agreement by all parties hereto, the City agrees to approve and execute the Amended and restated Planned Unit Development plat for the Hotel Jerome, and to accept the same for.recordation in the Recording Office of Pitkin County, Colorado, upon payment of the recordation fee and costs to the City by Owner. IN WITNESS WHEREOF, the parties hereunto set their hands and seals the day and year first above written. ATTEST: Kathryn Koch, City Clerk APPROVED AS TO FORM: Paul J. Taddune, City Attorney THE CITY OF ASPEN, COLORADO, A Municipal Corporation By: William Sterling, Mayor - 20 - OWNER: HOTEL JEROME LIMITED PARTNERSHIP, a Connecticut Limited Partnership, by Western Properties Investments, Inc., General Partner By: T. Richard Butera President STATE OF COLORADO ) ss. COUNTY OF PITKIN ) The foregoing was acknowledge before me this day of 1986, by William Sterling, as Mayor, and Kathryn Koch, as City Clerk, of the City of Aspen, State of Colorado. Witness my hand and official seal. My commission expires: Notary Public Address - 21 - STATE OF COLORADO ) ss. COUNTY OF PITKIN ) The Foregoing was acknowledged before me this 1986, by T. Richard Butera. Witness my hand and official seal. My commission expires: Notary Public Address day of - 22 - MEMORANDUM TO: Aspen City Council THRU : Ron Mitchell, Acting City Manager FROM: Alan Richman, Planning and Development Director RE: Hotel Jerome PUD Amendment Phase II: The Addition DATE: June 23, 1986 SUMMARY: The purpose of this meeting is for Council to review the amendments proposed by the applicant to the addition to the Hotel Jerome. Key issues for Council deliberation are: 1. Height along Bleeker Street; 2.. Bleeker Street re -grading program; 3. Landscape plan; and 4. Service area. Council must provide staff with decisions on these matters so that we can insert new language into a draft PUD agreement. The new agreement . intended to replace the prior agreement in its entirety, will be presented to City Council at your next regular meeting. APPLICANT'S REQUEST: The applicant requests an amendment to the Hotel Jerome PUD with respect to the proposed addition. The attached letter from Perry Harvey describes some of the reasons for the proposed amendment, and evaluates many of the important project parameters which will need to be addressed in this land use review. The addition of lodge units to this individually designated historic structure is exempt from competition from the quota system (although to be deducted from the lodge quota at the time of building permit issuance) as per Section 24-11.2(b) of the Code. Specifically, the applicable provisions of the Code for Council consideration are: 1 . Section 24-8 .26 - Amendment of PUD Plan. The following actions have been granted final approval by P&Z: 1 2. Section 24-3.3 (c) - Amendment of approved conditional use (Hotel in CC zone district) . 3. Section 24-3.7(d) (8) - Restaurant in required open space. 4. Section 24-3.5 (b) - Reduction of trash and utility service area dimensions. BACKGROUND: On April 11, 1983, the Aspen City Council approved the Hotel Jerome PUD, Renovation and Addition. When ownership of the Hotel passed from John Gilmore to the Hotel Jerome Ltd. Partnership, the Planning Office and City Attorney determined that a phased development program was permitted under current regulations, but not recognized in the adopted PUD Agreement. Therefore, the issuance of a building permit for the work on the existing building was expressly conditioned on the applicant submitting a PUD amendment addressing the impacts of phasing. That application, which we will refer to as "Hotel Jerome PUD Application, Phase I: The Renovation" was approved by City Council on May 5, 1986, subject to the conditions listed in the attached memorandum. PLANNING OFFICE ANALYSIS; When this proposed amendment was first presented by the applicant at a work session on February 3, 1986, it appeared that the changes to be made to the project were quite positive and desirable. Having now received the applica- tion and with an opportunity to review the proposal in more detail, we see some significant problems, in addition, to some very clear benefits to be achieved. The following table sum- marizes the changes proposed by the applicant, and the advantages and disadvantages each change portends for the community when compared to the approved plan.. 2 TABLE 1 - PUD AMENDMENT SUMMARY - HOTEL J EROME ADDITION Proposed Change Advantages Disadvantages 1. Reduce room May lessen overall Bigger rooms may count project impact. accommodate larger guest count. 2. Eliminate com- mercial space 3. 4. 5. New architec- tural style Provide park- ina on -site Revise land- scaping plan Revise service area W i l l l e s s e n overall project impact. Greater historical integrity. Insures avail- ability of parking at same time as project construc- tion; eliminates travel to and from off -site location. Provides alternate access to the a d d i t i o n a n d highly attractive dining environ- ment. Improved turning movements; reduced congestion on main Street. 3 None Incompatible with s u r r o u n d i n g heights; loss of building stepback. Increased heights will increase shading effect on Bl ee ker Street; loss of contribu- tor to publ is parking structure Much of the open area does not meet definition of open space. Potential auto - truck conflicts; increased traffic on Bleeker Street. Following is a more detailed examination of each of the proposed changes, their benefits and costs, and their consistency with applicable criteria from the municipal Code. 1. Reduce Room Count - Following is a comparison of the room count as originally approved in 1983 and as to be amended herein: Approved Plan Existing Bldg - 28 guest rooms New Bldg - 4 employee units 74 guest rooms Proposed Amendment Existing Bldg - 27 guest rooms, 4 em pl oy e e units in annex New Bldg - 67 guest rooms The above comparison demonstrates that whereas previously 102 guest rooms and 4 employee units were to be provided on site, the current proposal is for 94 guest rooms and 4 employee units to be located herein, a net reduction of 8 units. The smaller room count would typically translate into lessened on -site and off -site impacts, provided that the new, more spacious rooms do not resL;lt in an increased pillow count for the total hotel. 2. Eliminate Commercial Space - The approved addition included a variety of commercial uses associated with a "full service" hotel, including a flower shop, books and gift store, boutiques, camera shop, barber/beauty salon, etc. Given the proximity of this site to shops in the commercial core, it is quite obvious that all of these uses are already within walking distance of guests. Further, it could have been expected that these uses would have drawn additional patrons (and impacts) to the hotel, and not simply act in an accessory manner for guests only. The removal of the commercial space from the project is a principal factor contributing to the reduction of the project's FAR by approximately 23,000 square feet (from about 2.7:1 approved to 2.23:1 proposed) but still requiring a variation of the CC FAR. The allowable FAR in the CC zone district is 1.5:1, increasable to 2.0:1 by the provision of on -site employee housing in the ratio of 2 feet of commer- cial space for every 3 feet of housing provided on -site. Since the project provides only 1,350 s.f. of employee housing on -site, an additional 900 s.f. of commercial area is allowable for a total project Floor Area of 73,816 (1.55:1) . Any increase beyond this size represents a variation of allowable FAR. Please note that the parking garage, involving 18,400 s.f. of area, is entirely exempt from FAR calculations, as per Section 24-3.7(e) (3) of the Code. Nevertheless, since the parking structure is not fully below grade, it does contri- bute to the perceived mass of the building. On balance though, we agree that the overall site impacts will be lessened by the reduction of commercial space on -site. 3. New Architectural Style - The applicant indicates that due to comments by the National Park Service, a revised archi- tectural theme for the addition has been developed. Quite frankly, we are most enthusiastic about some of the detailed aspects of the revised architecture and would like to compliment those responsible for proposing what is a very special treatment of a very important building. These comments simply echo those of the Historic Preservation. Commission, which gave final approval to the design at a public hearing held on May 27, 1986. While we are most supportive of the architectural details involved in the window treatments and the more authentic, rather than modernistic character of the addition, there are significant problems which we believe can be instigated imposed by the elevations associated with the proposal. Following is a comparison of the heights at the corners and mid -block of the surrounding streets. Street Approved Plan Proposed Amendment Mill Street 47 ft. to 52 ft. 47 ft. to 52 ft. (from connection of historic building to corner of Hleeker) Bleeker Street 52 ft. to 48 ft. 54 ft. to 50 ft. to to 24 ft. 40 ft. (from Mill Street corner to mid -block near pool to Monarch corner) Main Street 24 ft. 44 ft. to 33 ft. (from attachment to historic building to Aspen Times building) We find the new elevations to be incompatible with sur- rounding land uses in the area, which is a criterion of the conditional use amendment (Section 24-3.3(b) (3)) . It should be recalled that during the 1983 review of this project, the 5 rear half of the site was rezoned from 0 - Office, to CC - Commercial Core. This rezoning was permitted, in part, because the height of the addition around the pool was only to be 24 feet, and, therefore, was less than that allowed for the properties along Monarch and Bleeker Streets. The present proposal is substantially in excess of the 28 foot height limit of the office district, and will dwarf the surrounding uses. Furthermore, the prior design provided for a stepped -back architectural form, which helped in reducing the perceived mass of the building, and which also provided benefits in terms of shading on Bleeker Street (for additional related comments, see discussion of parking and site design, below) . A final concern is that from a Building Code standpoint, a 50 foot height limit is the max- imum allowed for wood frame construction. This limitation would also indicate that height reductions be implemented. In response to these concerns, the applicant has produced a new set of elevations which step the building back by one story at the Bleeker-Monarch corner. However, this height reduction has been compensated for by a height increase of one story along the Main Street facade. The Planning Commission, at its hearing on June 3, preferred the new design approach by a 4-0 vote. However, the Historic Preservation Commission, in a 6-1 vote, denied the new Bleeker Street elevation as being an inappropriate architec- tural addition. Their feeling is that the reduced scale of the addition tends to make it more like an annex than a true partner to the original building, and does not properly finish the block. In our opinion, neither solution presented is entirely adequate. The original design overwhelmed the surrounding neighborhood and should not be supported. The alternate is much preferable from a land use compatibility standpoint, but has not satisfied HPC, and is more impactive to the Main Street elevation which is quite crucial. Our preference would be to see this extra story removed in its entirety (at the cost of five rooms) but if this is not possible, to accept the revised solution with its step back design. 4. Provide Parking On -Site - The approved PUD plan required that the applicant provide 60 parking spaces (35 employee, 25 guest) in conjunction with the project. The number was derived from a staff analysis, utilizing survey data regarding method of guest arrival to Aspen, and taking into consideration existing parking on the site, the applicant's commitment to provide three limos and other auto disincen- tives, and the projected employment increase associated with the expansion. The spaces were to be provided through a cash contribution to the Rio Grande parking structure, with interim plans also identified if the structure were not 6 built by the time of Hotel occupancy. The applicant now proposes to place 51 spaces subarade on the site, with access from Bleeker Street. The principal benefit of this alternative is that it insures the avail- ability of parking for the project at the same time the addition is occupied. Provision of the parking on -site also eliminates the need for travel to and from the off -site location, which could have been as far away as the Golf Course under the approved PUD Agreement. One reason that so many of the required spaces were to be reserved for employees was the uncertainty as to the location of the housing to be provided by the project. At the time, it appeared that the applicant would purchase Hunter Creek units, or those in some other existing complex. The fact that we now know that the housing will be provided at the Cortina, which is within one block of the Hotel, obviates the need for much of the employee parking and opens up additional spaces for guests. Provided that the limo service operates with three vehicles, we believe the 51 spaces to be adequate for project needs. The principal problem caused by providing the parking on - site is that it has raised the elevation of the addition. Whereas previously the building around the existing pool was to be sunken 1/2 story into the ground, for a three story height of only 24 feet, the parking now protrudes 6-8 feet above grade as one moves from Mill Street to Monarch Street, for a building height of 40 feet in the northwesterly corner of the site. In addition to the visual/land use compatibility issue with respect to height, a second concern is the likely shading effect on Bleeker Street. We have recently requested a shading study showing the effect of the approved building, the requested amendment and an intermediate alternative of about 32 (rather than 24 or 40) feet around the pool. Given the intention of the applicant to use Bleeker Street for delivery trucks and as a parking garage entrance, and recognizing the hazard with the existing grade on the street, we f eel that it is crucial to know whether the street will be in shade for all or part of the winter. One last concern with respect to parking is that by provid- ing the spaces on -site, we have lost a potential contributor to a public parking structure. Unless the P&7, and Council simply find the amendment entirely unsupportable and send the applicant back to the drawing board (an action which we would not support) , we see no way around this issue. 5. Revise Landscaping Plan - There are several important 7 changes to the proposed landscape plan for the property. The original approval showed landscaping in the following portions of the site: a. Jerome Garden - This area was to be a very formal flower garden and patio, surrounded by turf, shrubs and trees. b. Pool Area - A new pool and jacuzzi were to be placed in approximately the current pool location. C. Periphery - Extensive tree and shrubbery plantings were to be placed along the exterior of the project on Mill, Bleeker and Monarch Streets. An impressive planted setback buffered the Monarch/Bleeker corner. The new landscaping plan has the following elements: a. Jerome Garden - A dining area along the wall of the original hotel with seating for 44 persons is proposed. A path leading from Main Street to the entrance to the addition is also shown, as is extensive planting of sod, trees, shrubs and flowers. A spa and future pool location is shown at the very rear of the garden. b. Ballroom Patio - A brick patio with trees and shrubs is proposed between the historic and new buildings on Mill Street. C. Periphery - Extensive tree and shrubbery plantings are still to be placed along the exterior of the project. The setback at the Monarch/Bleeker corner is reduced to standard proportions. Overall, the Planning Office finds the new landscape concept to be quite satisfactory. The current plan is a vast improvement of that which was originally brought to our office last month. That plan had a very "urban" character, with excessive paving and the pool far too forward in the garden. The present scheme is much more in keeping with the historic character of the garden and the dining, which has been approved by P&Z as a restaurant in required open space, will be a very usable area. It is important that the Council recognize that virtually none of the open space on the site meets the definition of open space according to the Code. According to calculations provided by the applicant, and as verified by our office, only about 2-1/2 percent of the site meets our open space definition. Interestingly enough, none of the open space in the approved site plan meets the Code definition. The problems with the current plan from a Code standpoint are: IF 1. The garden area does not meet the minimum frontage requirement of 100 feet or half the length of the lot frontage (it is 60 feet wide but needs to be at least 80 feet wide) . 2. The ballroom patio does not meet the frontage require- ment and it is also more than four feet above grade. 3. The rear garden area does not f ront on the street at all. The only area which appears to meet the open space require- ments is a 1400 square foot area in the rear corner of the buildinq at Mill and Bleeker Streets. The situation with respect to open space calculations is similar to that which we have recently experienced with the Little Nell project. In that instance, it was our recom- mendation that Council vary the method of calculating open space, based on the intent of having open space as a visual relief from the building mass. From this perspective, the 7,320 square feet of space in the garden which does not meet the minimum frontage requirement, but is the historic open space on the site, should be counted toward the open space requirement. Counting the two areas, an open space calcula- tion of 18.3 percent is obtained. If we also add the ballroom patic, an open space calculation of 21.7 percent is obtained. Lastly, adding the rear garden, which has no street frontage, allows for a 25.4 percent open space calculation. Our position is that 18.3 percent of the site be considered as open space (garden and northeastern corner) , and a variation from the 25 percent requirement be granted in light of the two other available areas which are not being built upon. 6. Revise Service Area - The original scheme for the loading dock off Bleeker Street required trucks to back into the area, causing potential significant conflicts with other vehicles on the street. The new plan shows a loading dock in approximately the same location as previously, but in a new configuration which allows direct access for trucks without the backing in movement. This is a vast improvement over the prior plan. However, this same area provides access to the parking garage, causing the potential for auto/truck conflicts. The Engineer reviewing the project requested additional traffic and delivery data to assess the severity of this potential conflict and is also concerned about conflicts between garbage trucks and auto movement. By moving the guest drop off from Main Street (where the Highway Department refused to permit it) to Sleeker Street, 9 we trade congestion problems. However, it is vastly preferable to have this congestion removed from Main Street, if an acceptable solution to the grade/icing problem on Bleeker Street is found. According to Elyse Elliott, the cost of regrading and paving Bleeker Street is about $35,000. Since this project is not in the City's capital budget, but should be accomplished at the same time as the Hotel Addition, we suggest the following options: a. Have applicant pay the full cost of the regrade; b. Have the applicant "front" the cost of the regrade and have the City pay back a percentage of this cost, with the percentage and method of payment to be finalized in the PUD Agreement with Council; or C. Have the applicant "front" the cost of the regrade and have the City pay back the entire cost to the appli- cant. Since this problem on Bleeker Street affects both the City and the applicant, and since the applicant's new service area will clearly exacerbate an already hazardous situation, we feel that having the City and the applicant share the cost, with the City paying the applicant back for "fronting" the initial expenditure, is the most equitable solution. During the P&Z review, this compromise was accepted by the applicant, who agreed to front the entire cost to the City and to pay 1/ 2 the cost of the project, expected to be about $17,500. This arrangement was accepted on the condition that the applicant has the opportunity to review the regrade plans and provide input to their design as a "partner" in the program. The applicant received approval from P&Z to vary the size of the required trash and utility service area. Using the standards of Secti on 24-3 .7 ( h) ( 4) , an area of about 100 linear feet on an alley is needed. The entryway to the delivery/garage is about 65 feet in length, abutting a street and not an alley. The internal dimension of the loading area and turnaround is nearly 115 feet in length. The Engineer comments that the trash area appears to be adequate at 10 ft. x. 17 ft. The applicant is working with Elyse Elliott to address the concerns she raised in her original memo (see attached letter from Perry Harvey) . MISCELLANEOUS ISSUES: A variety of other issues have been raised by the referral agencies. These issues include retention of storm drainage, provision of utilities, construction schedule, and building and zoning plan check verification. I attach the referral memos for your review, and include the appropriate comments as conditions of our recommended action. 10 SUMMARY AND RECOMMENDATION: Our review has identified both advantages and disadvantages of the proposed amendment f or the Jerome Addition. The project's principal advantages provide ample reason for supporting the project. These advantages include: 1. Reduced room count and elimination of commercial space will lessen the project's impacts on the neighborhood; 2. The revised architecture provides for greater historical integrity with the historic hotel, and the landscape plan for the garden is in keeping with its historic character as well. 3. The provision of on -site parking insures the availability of an adequate number of spaces at the time of hotel occupancy. The new service delivery area exhibits better turning movements for Bleeker Street and drop off in this area will lessen congestion on Main Street. The principal issue which Council must resolve before final approval can be granted is that of the height along, Bleeker Street. A review of the approved facade and two alternatives should be conducted and a decision made considering the compati- bility with neighboring uses, and the need to created an addition which will best accent the original hotel. In our opinion, this can best be accomplished by limiting the height along Bleeker Street from mid -block to Monarch to about 32 feet, and not replacing the units lost through this height reduction. if Council concurs, then it must direct HPC to accept this as the approved plan for the Addition. If Council follows the HPC lead, then it simply needs to override the recommendation given it by P&Z. Attached for your review in finalizing your action are: 1. P&Z's resolution recommending approval with conditions; 2. A letter from HPC explaining their feelings and actions regarding the project. AR.4 11 RESOLUTION OF THE ASPEN PLANNING AND ZONING COMMISSION RECOM14ENDING TO THE CITY COUNCIL OF ASPEN, COLORADO APPROVAL OF THE AMENDMENT TO THE HOTEL J EROME EXPANSION PLANNED UNIT DEVELOPMENT Resolution No. 86- WHEREAS, on April 11, 1983 the Aspen City Council approved the Hotel Jerome Planned Unit Development (PUD) , Renovation and Addition; and WHEREAS, subsequent to the 1983 PUD approval the Hotel Jerome ownership passed from John Gilmore to Hotel Jerome Ltd. Part- nership (hereinafter referred to as applicant); and WHEREAS, the 1985 "Hotel Jerome PUD Application Phase I: The Renovation" was conditioned on the applicant submitting a PUD amendment for the Hotel Jerome addition (hereinafter Phase II); and WHEREAS, in response to this condition the applicant submitted a PUD amendment for Phase II which was considered by the Aspen Planning and Zoning Commission (hereinafter "Commission") at a duly noticed public hearing on June 3, 1986; and WHEREAS, the Commission considered representations made by the applicant as contained within Perry Harvey's (applicants' representative) April 29, 1986 letter to the Planning Office and representations depicted on drawings dated May 1, 1986; and WHEREAS, the Commission listened to testimony provided by the applicant, Planning Office and citizens in attendance at the June 3, 1986 public hearing. NOW, THEREFORE, BE IT RESOLVED by the Commission that it does hereby recommend that the City Council of Aspen, Colorado Resolution No. 86- $1 Page 2 l for the Hotel Jerome PUD Amendment grant the applicant approva subject to the following conditions: 1. The applicant shall submit an amended PUD plat for the entire parcel meeting the requirements of Section 24- 8.12 of the Municipal Code and a new PUD Agreement for the renovation and addition, superceding the previously approved Agreement. The plat and Agreement shall include all material representations made by the applicant during the Phase I and Phase II amendments, and reflect all conditions imposed by the City Council during that process. 2. The applicant shall re -design Phase II (addition) to reduce the height of the building particularly in the north west side of the structure so the proposed addition is more compatible with adjacent land uses on Monarch and Bleeker streets. Plans for the re -design shall be submitted to the Planning office for review prior to consideration by City Council. The applicants re -design will take into consideration the results of the shading study on Bleeker Street. 3. The applicant shall commit to paying the entire cost for regrading Bleeker Street, consistent with plans for this project by the City Engineering Department provided that the plans shall also receive the review and acceptance of the applicant. The rearading shall occur in conjunction with construction of the hotel Addition. The PUD Agreement shall contain provisions requiring the City of Aspen to repay the applicant f or half the costs associated with regrading Bleeker Street. 4. The applicant shall provide the water system interconnec- tions and fire safety requirements, identified by Jim Markalunas in his memo dated 5/13/86, and as elaborated upon by Elyse Elliott in her memo dated 5/28/86. 5. The applicant shall respond to the information requests made by the Engineering Department in their memo dated 5/28/86 as regards storm drainage, construction schedule and service area. The information regarding service area/trash utility/area and the remaining information must be reviewed by staff prior to review of the PUD Amendment by City Council. 6. Delivery trucks shall be routed to access the site from Bleeker and Monarch Streets and not Bleeker and Mill 2 Resolution No. 864 Page 3 Street. 7. The applicant shall verify that all, building and zoning code issues raised in Bill Drueding's memo dated 5/27/86 and Jim Wilson's memo dated 5/29/86 can be adequately addressed. The only variations granted herein are as follows: a. Height as shows on the plans submitted and as to be modified herein by Condition No. 2. bFAR not to exceed 2.23:1. -c. Trash/utility access area as shown on the plans submitted. -d. Open space variation as to method of calculation and acceptable as 18.3 percent. BE IT ALSO RESOLVED by the Commission that it does hereby grant conditional use approval for the expansion of the hotel in the CC zone` district, special review approval to vary the trash and utility access area requirements as shown on the site plan and special _review approval for a restaurant with 44 seats in the garden area as shown on the landscape plan. APPROVED -by the Commission at its regular meeting on June 17, 1986. - ASPEN PLANNING AND ZONING COMMISSION _ J By C. W lton A Berson, ATTEST: Chairperson City Clerk GH.611 MEMORANDUM TO: Mayor and City Council FROM: Historic Preservation Committee RE: Hotel Jerome Addition: Amended Plan DATE: June 18, 1986 On June 10, 1986 the Historic Preservation Committee reviewed and denied an amended plan for the Hotel Jerome Addition. The plan that HPC gave final approval to on May 27, 1986 illustrated an addition of quite simple massing. The portion of the building abutting Pill Street had a similar height to the original Hotel Jerome; and the wing portion extending along Bleeker Street was a three story block. The project architects furthermore successfully incorporated into this design a lot of the Committee's concerns regarding visually breaking up the massing, fenistration, detailing and use of sandstone. From the perspective of compatability in massing, scale, materials, and details, the HPC felt that the design we approved was very acceptable and we still endorse it. G'hile the Committee considered the problem of height off Meeker Street which prompted this amendment, we are not satif ied w ith the resultant design "tradeoff ". The amended design contains portion of the building and the building along the Main Main Street) . We believe fragmented. The massina is Jerome in our view and the in a vote of 6 in favor and SB .61F a number of step -backs in the wing raises four stories in the center of Street elevation (set back 154' from this design is too complicated and not compatible with the old Hotel Committee rejected the amended design 1 opposed. PERRY A. HARVEY 601 East Bleeker Street Aspen, Colorado 81611 (303) 925-4545 April 29, 1986 Mr. Alan Richman Director of Planning City of Aspen 130 South Galena Aspen, Colorado 81611 Dear Alan: Pursuant to the requirements of Section 24-8.26 of the City of Aspen Zoning Code, the Hotel Jerome submits this request for certain specific amendments to the Planned Urban Development for the Renovation and Addition. The following changes in conditions since the recordation of the Agreement create the need for this request: 1. HISTORIC: As part of the Listing of the Jerome on the National Register of Historic Places, the National Park Service approved the concept of an addition but rejected the design of the addition with the large bay windows as approved by the City of Aspen. Thus, a redesign of the addition is necessary. 2. ANNEX: As approved, the plans called for removing the Annex and joining the addition to the north side of the historic Hotel. With phasing, the Annex was retained for kitchen and employee housing. A redesign is required to accommodate the continued existence of the Annex. 3. PARKING: In 1983, when the PUD was approved, development of a parking structure on the Rio Grande property was planned to coincide with the Jerome redevelopment. As the parking structure is still a future consideration and the Hotel must have convenient parking, the redesign will provide on -site parking for employees and guests. 4. USES: The approved plan has 13,000 square feet of retail shops, 4 restaurants with some 450 seats, and 5,000 square feet of meeting space. The current owners wish to eliminate the retail space, keep only the existing two restaurants and reduce the meeting space, to be accomplished through a redesign. Mr. Alan Richman April 29, 1986 Page 2 What follows is a description of the proposed addition and a discussion of the impact of these changes to the site and the community. In conjunction with the description, please refer to the chart I have prepared comparing the specifics of the approved and proposed designs. The new design more closely reflects the desires of the National Park Service in echoing many elements of the Historic building using brick with horizontal banding and arched windows with the distinctive "eyebrows" of brick. The footprint of the building has been changed to accommodate retention of the Annex. An area of open space has been created to provide a break between buildings, light for the Silver Queen Dining Room and ventilation for the Annex housing. The remainder of the building is much the same as approved, located in the parking area and to the west in the pool area. The approved design called for a tiered setback on Mill Street and at the corner of Mill and Bleeker. These setbacks were to reduce the winter shading on Bleeker and to give visual relief to the facade of the addition on Mill Street. The proposed design shows a greater setback on Bleeker (twelve feet). The Mill Street elevation is no longer setback, due to the need to provide spacious hotel rooms while maintaining the maximum possible open space. Access from the historic to the addition was along the eastern side of the historic into the new. The new access, down the west side of the historic building, requires a secondary lobby on the west. This will be glass to detract minimally from the facade. The Floor Area Ratio (FAR) has changed dramatically from the approved plan. Retention of the Annex has made the historic portion larger but the overall FAR has been lowered by 17%. The total project has been reduced by almost 23,000 square feet. While this is a significant reduction, of greater importance is the reduced impact on the site and the environs due to the changes in proposed uses. Elimination of the retail space will decrease employees and pedestrian traffic, as will the 45% reduction in res- taurant seats. These calming effects on the busy intersection of Main and Mill allow for a more gradual impact to the entire City of Aspen. Guest impact on the site and immediate neighborhood has also been substantially improved. The approved plan had 28 rooms in the historic building and 77 in the new, with the sole guest drop-off and pick-up on Main Street. The proposed plan has 27 rooms in the historic and 67 in the addition, for a reduction of 11 rooms over- all. A secondary guest delivery and pick-up has been designed off Bleeker Street in the enclosed parking area. Taxis and special events vehicles can use this second means of entry to alleviate the congestion on Main Street. Mr. Alan Richman April 29, 1986 Page 3 HOTEL JEROME Item Approved Proposed Net Difference Floor Area Ratio 2.7 to 1 2.23 to 1 - .47 Square Footage 128,822 106,769 - 22,053 Historic 42,749 43,569 + 820 New 86,073 63,200 - 22,873 Parking - On -Site - 0 - 50 + 50 Parking - Square Footage - 0 - 18,400 + 18,400 Number of Rooms 105 94 - 11 Historic 28 27 - 1 New 77 67 - 10 Open Space 11,928 13,200 + 1,272 Height 51.5 53.5 + 2 Retail 13,000 - 0 - - 13,000 Restaurant 4 - 450 seats 2 - 250 seats - 200 Meeting 5,000 4,000 - 1,000 Mr. Alan Richman April 29, 1986 Page 4 The room design is a critical element in the addition. They must be comparable to the rooms in the historic in spaciousness and sumptuousness. If not, guests unable to reserve historic rooms may choose alternate lodging, creating a problem comparable to the Brown Palace's in Denver. The success of the Hotel Jerome with a reduced number of rooms requires that all the rooms be equal in feel to those currently existing. Please keep this in mind during your review of this proposed design. Originally parking was set at 60 spaces, 35 for employees and 25 for guests. The analysis made several key assumptions: (1) The Hotel would provide three limousines and market itself as a central facility with no need for a car; (2) the Rio Grande parking lot would be replaced with a parking structure; (3) there would be no parking on the Jerome site; and, (4) the off -site employee housing location was unknown and thus assumed to be a commute. The proposed plan comes in light of today's realities. The limousines and the marketing plan are unchanged. The Rio Grande parking still exists and there will be fifty spaces on -site. Finally, the Cortina Lodge has been approved for off -site employee housing, with eight parking places exactly one block from the Hotel entrance. Instead of the sole parking facility being the Rio Grande structure, the Hotel and the one -block vicinity will boast 50 spaces on -site, 8 employee spaces one block away, and the continued exis- tence of parking at the Rio Grande. Thus, if we need 35 employee spaces and 8 are at the Cortina, we need 27 spaces on -site, leaving 23 for guests. For 94 rooms, the ratio of one space for 4.1 guest rooms is marginally better than the approved ratio of one for each 4.2 rooms. The new design provides for better delivery to the Hotel. As approved, trucks had to pull across Bleeker and back in, stopping traffic and creating potential problems during the winter. This improved plan allows trucks to back directly into the parking garage or directly into two off-street parallel spaces. The open space has been increased from 25% to 27.6%. The proposed open space is in three areas: The Jerome garden; the space between the historic and new building, on Mill Street; and along Bleeker Street. The proposed building is two feet higher at the corner of Mill and Bleeker. This change is due to the Aspen code, which requires a parapet of at least 30 inches. The zoning officer has chosen to interpret the code so that the building height will be measured to the top of the parapet. The actual building roof is 50.5 feet with 36 inches of parapet. Mr. Alan Richman April 29, 1986 Page 5 The construction schedule for Phase II has a best case and fall back plan. Ideally, construction will begin this summer immediately after approval is granted. Completion will be in time for winter use of the rooms. The winter room use is the critical element. If construction is delayed so that no rentals will be possible for the winter of 1986-1987, then construction will be postponed to the spring of 1987 for opening in December of 1987. Employee generation was estimated to be at 80, with 30 part- time and 50 full-time. As the new format will not increase restau- rant space, these employee projections are still valid. The Amendment will not alter the approved housing plan for 4 employees on -site and 15 off -site. In addition to the Amendment, a variance is requested from the Planning and Zoning Commission for the trash service area. Area and Bulk requirements call for a trash service area abutting the Alley. Section 24.3.7(H)(4) allows variation of this provision by the Plan- ning and Zoning Commission. Under Article 24.3.5(b), we deserve a variance because we provide for enclosing trash compactors within the garage and easily moved containers for use by trash personnel. I look forward to further discussions regarding this improved redesign of the Hotel Jerome. Sincerely, � Ila�z y Perry A. Harvey PAH/nkb Attachment - 1 On May 5, 1986 City Council unanimously passed a PUD Amendment for the renovation of the existing Hotel Jerome, subject to the following conditions: 1. Removal of excess building materials and rubbish on the Hotel Jerome site shall be accomplished no later than May 16, 1986 to the satisfaction of the Chief Building Official and Project Planner. 2. Head-on parking off Bleeker Street shall be eliminated by no later than May 16, 1986. Interim parking for no less than 27 vehicles should be provided in the rear of the existing hotel by no later than September 1, 1986, if no building permit has been issued by that date for the Jerome Addition. 3. A picket fence shall be installed across the Main Street yard to screen views of the disturbed area no later than May 23, 1986. 4. In conjunction with the PUD Agreement for the Jerome Addition, all items discussed in the prior proceedings shall be addressed. If no building permit has been issued by September 1, 1986, then an interim landscaping, sidewalks and parking plan shall be drafted by September 1, 1986 and implemented by May 1, 1987. 5. If no building permit has been issued for the Jerome Addition and no PUD amendment agreement is being processed by September 1, 1986, then an amended PUD Agreement shall be submitted by that date to address all items which have been agreed to with the City Council. SB.19 MEMORANDUM To: Steve Burstein, Planning Department From: Elyse Elliott, Engineering Departmen e4 Date: May 28, 1986 Re: Hotel Jerome PUD Amendment - Phase II After reviewing the above application, the Engineering Department has the following comments: Utilities The plat shows a new 8" water line along Bleeker Street between Monarch and Mill streets and states "new 8" water main (looped) by the City of Aspen." It is incorrect in stating that this will be installed by the City, the applicant should be responsible for installing the new water line. In the original PUD, the applicant agreed to reimburse the City for all related expenses. An 8" water line is not necessary, a 6" line would be sufficient, as stated in the May 13, 1986 memo from Jim Markalunas. This new line should also have valves at the connection points on Mill and Monarch and on both sides of the service to the project. The water line should be placed at a sufficient depth so it won't have to be re -located if the grade of Bleeker Street is altered (refer to Streets section). The temporary overhead wires in the middle of the project should be removed prior to construction for safety reasons. During the Phase I construction, an underground electric line servicing a street light on Mill Street was severed, causing the street light to lose power. This should be repaired prior to new construction. The transformer located on Lot N next to the western property line must not have landscaping next to it for readability and cooling reasons. There must by at least 29" clearance on the north and south sides and 3' clearance on the east side with at least a 2' wide access path. Streets This project has an adverse impact on Bleeker Street. With a proposed height of 53.51, the building will cast shadows on Bleeker Street that could lead to an ice build-up. Although the 12' setback on Bleeker reduces the possibility of this occuring across the entire width of the street, we would like to see a study on the probability of this happening. To exacerbate this condition, Bleeker Street has a very steep grade from Mill Street going west for about 1501. The steep section coincides with the parking lot and service egress for the project. Bleeker could be reconstructed, giving it a gradual grade from Mill Street to Monarch Street. This would entail reducing the grade by as much as 5' and would cost approximately $35,000. The Streets Department has no money budgeted for this project. If this is to be included in the Phase II construction project, it would be preferable to do the street reconstruction simultaneously with the Hotel construction. If the street reconstruction occurs after the Hotel construction, it might entail relocating the water line and replacing the sidewalk on Bleeker Street and regrading the service area. Storm Drainage The proposal calls for retaining 50% of the "snow melt runoff" and diverting the remaining 50% to the storm drainage system in adjacent streets. This department will allow this situation only if there was historically 50% site retainage. The applicant must either provide 100% site retainage or provide calculations that prove what the historic drainage was and match or exceed that amount. We also need to see a more detailed plan for dry well locations. Construction Schedule As was mentioned in the original PUD, the applicant must provide us with a complete construction schedule and phasing plan so that we can accommodate barricading, pedestrian traffic, truck traffic, excavation access, material storage, etc. Service Area The service area for this project is in the same location as the access/egress for the parking garage and the guest drop-off area. We see this as presenting a potential conflict between large delivery trucks and automobiles. We need more information to fully assess this design such as: - traffic data on the amount of trips per day for guests, limos, and service vehicles accessing the project. - feedback from one or more of the trucking companies, Nobel for example, on the workability of this design. Our concern is that this area might become so congested that it would force some trucks and automobiles to park along Bleeker Street. The delivery trucks should be routed so that they access the The delivery trucks should be routed so that they access the service area from Bleeker and Monarch streets instead of Bleeker and Mill streets. This would allow them to take a gradual right turn into the service area instead of a sharp left turn. Trash The applicant is seeking a variance form Section 24.3.7(h). Tony Vagneur of BFI has indicated that the 10' x 17' area proposed for trash facilities could accommodate a small compactor and two dumpsters. However, this will require daily trash pick-up, which adds to the congestion of the service area. The trash will be compacted and moved to the two containers. When the trash truck makes it daily pick-up, the two containers will have to be wheeled out of the trash room, into the garage exist, down the ramp to the trash truck. This will essentially shut off the garage exit while the trash collection process is occuring. This would take 15 to 20 minutes to complete. Parking In the original PUD agreement, the 105 room project was to provide 60 parking spaces at the Rio Grande facility. The amendment proposes 51 on -site parking spaces for a 94 room project. The number of rooms has been decreased by 11 and the number of parking spaces has been decreased by nine. The proposed plan for the service area on Sleeker Street will eliminate nine parking spaces. There are presently about 13 parking spaces on the Hotel Jerome property available for guest and employee parking that will also be eliminated. PERRY A. HARVEY Post Office Box 8720 Aspen, Colorado 81612 (303) 925-2182 June 11, 1986 Ms. Elyse Elliott Aspen Engineering Department City Hall Aspen, Colorado 81611 Dear Elyse: This letter shall cover the issues of our June 9th meeting on the hotel Jerome. 1. Concerning the water line, you will discuss with Jim Markalunas the preferred location of the fire hydrant and the sizing of the water line from Monarch down Bleeker. Perhaps input is needed from the fire department for the location of the hydrant. We agree the City should install the water line with the Hotel Jerome paying for the linear feet from the Monarch water line to the point where the service line to the Hotel attaches. This was 240 linear feet in the original PUD Agreement. 2. We will provide you with a cost estimate for the landscaping to be installed on the site. 3. Delivery information to the Hotel comes from the General Mana- ger. During the season, there are normally three companies making deliveries and there are two to three deliveries a day, Monday through Friday. The largest truck used is forty-five feet long and, unless weather interferes, all deliveries are completed by 11:00 a.m. During the off-seasons, deliveries average one every other day. The construction of the addition should not increase the delivery schedule as there is no increase to the food and beverage service except for occasional banquets in the ball room. I am trying to contact Nobel to give its a written review of the delivery system. Ms. Elyse Elliott June 11, 1986 Page Two 4. Trash has been reviewed by BFI, including the compaction equip- ment and the system for pickup. They feel the system is workable without undue interference with the other traffic into or out of the parking garage. Trash pickup will be five days weekly in the season and two to three days a week in the off- season. The pickup time is estimated to be 8:00 a.m. in season and 7:00 a.m. in the off-season. While there may be certain short conflicts between guest cars, taxis, limos and service vehicles, nevertheless the delivery system is a vast improvement over the originally approved system and, with the regrading of Bleeker, will serve the needs of the City and the Hotel. 5. I will contact Elam to do the necessary work to produce a firm bid for the regrading and repaving of Bleeker Street. 6. To avoid traffic congestion on Main Street, we would like the loading and unloading zone extended for the length of the property. While this will remove some parking spaces, the parking provided on the Jerome site will on balance reduce the congestion of the neighborhood. Extending the loading zone will relieve potential congestion during peak periods at the Hotel. 7. Regarding limousine service, the Hotel Jerome currently owns one Chevrolet Suburban. It is impossible to establish the number of limousines needed at any one time. In off-season, one will suffice; certain weeks in March may require four. As a first-class hotel, the Jerome will provide courtesy service at whatever level required to accommodate guests. Please contact me for any additional information you may require. Sincerely, Perry A. Harvey PAH/nkb ASPEN WATER DEPARTMENT MEMORANDUM UA� �Acll r V­\ L'-v- TO: STEVE BURSTEIN, PLANNING DEPARTMENT FROM: JIM MARKALUNAS SUBJECT: HOTEL JEROME PUD DATE: MAY 13, 1986 We have reviewed the applikantsrequest for a PUD amendment and only wish to make the follmment in respect to water availability for this properave had previous discussions concerning the logistics of providing water to the property from Bleeker St. Presently, there is not a water main in Bleeker between Monarch and Mill. It has been our recommendation (and will continue to be) that the Hotel Jerome provide water service for the addition via a 6" main to be constructed from Monarch St. easterly along Bleeker St. to a point perpendicular to where the service line from the new building will enter. At the inter- section of the Jerome service line and the 6" Bleeker St. main, the Water Department suggest that a new fire hydrant be in- stalled. In order to provide reliability to the Jerome Hotel addition, the Water Department recommends that the Jerome "interests" inter- connect the 6" main from Monarch St. to the 6" main on Mill St. This interconnect would provide for reliability of service and increased fire flows for the Hotel Jerome. Should the Hotel Jerome agree to providing this interconnect, the City of Aspen can provide the necessary water for the facility (see previous correspondence). JM:ab ht1.jer ME MORANDU M TO: City Attorney City Engineer Aspen Water Department Aspen Consolidated Sanitation District Fire Marshall Zoning Enforcement Official Steve Burstein/Alan Richman, Planning Office RE: Hotel Jerome PUD Amendment - Phase II DATE: May 5, 1986 Attached for your review is an application submitted by Perry Harvey on behalf of his client Hotel Jerome Limited Partnership, requesting an amendment to their previously granted PUD. Please refer to the attached materials for details. Please return your comments to the Planning Office no later than May 15 in order to give this office adequate time to prepare for its presentation before the Planning Commission. Thank you. T3 Y ►-NE , r11'/S 1 K/c/ M E M O R A N D U M TO: Steve Burstein, Planning Alan Richman, Planning FROM: Bill Drueding, Zoning RE: Hotel Jerome DATE: May 27, 1986 (1) Once again pools and spas appear to be in the required open space. If the code does not get changed, Planning and 'Zoning should recommend to the Board of Adjustments that a variance be approved. I am aware of Alan Richman's feelings and letter in regard to pools in open space and I agree. (2) As mentioned in Perry Harvey's letter of April 29, 1986, the roof will be measured to the top of the required parapet. Jim Wilson, as well as myself, feel this is the intent of the height code. (3) Once again, verification of open space, F.A.R. calculations, etc., will be made by this Department during building permit application review. (4) Applicant should be careful that proposed trees at the corner of Mill and Bleeker Streets, and Bleeker and Monarch Streets, should not further obstruct the corner site view for traffic. cc: Jim Wilson, Building Official Peggy Seegers, Zoning Official ar/BD �� MAY 2 9 lib 1t`i� a M E M O R A N D U M TO: Alan Richman, Planning Director FROM: Jim Wilson, Chief Building Official RE: Hotel Jerome PUD Amendment DATE: May 29, 1986 Preliminary fire and building code concerns are based on the assumption that the proposed addition will be built with wood - frame construction, as discussions with the architect have indicated. The following should be addressed prior to building permit application: 1) The maximum allowable building height, using wood frame construction, is 50 ft., by building code. The building code measures height to the roof deck. The section on Sheet 2 of the plans shows a 51'-6" building height. 2) The building must be fully fire sprinklered and Class I standpipes must be provided. 3) A 3-hour fire separation is required between the parking garage and the rest of the building. This separation is required at the drop-off lobby and receiving area. 4) A shrinkage analysis of any wood stud walls and bearing partitions supporting more than two floors and a roof must be submitted. The shrinkage or movement of the wood framing shall not have adverse effects upon the structure, fire resistance, nor any plumbing, electrical, nor mechanical systems. All other code concerns will be addressed during the plan review process when more detail is available. JW/ar June 23, 1986 City Council of Aspen Aspen, Colorado 81611 Dear Members of City Council, As property owners in the immediate area of the Jerome Hotel, (212"-Notth Monarch Street), we urge the Council and the owners of the Jerome to consider the following: 1. proceed with the revised building plans (approved by planning and zoning) which would allow for a 20' setback and the elimination of a fourth story on the corner of Monarch and Bleeker Streets. 2. landscaping of the addition which would offer trees of significant height to line the perimeter of the property, specifically along Bleeker Street, thus "softening" the effect of the additional height (significant height would be over 25') 3. impact of the grading of Bleeker Street upon the property of the Elder family; consideration for the Elder parking facility on Bleeker 4. appropriate planning for the elimination of unsightly vents, blowers and other rooftop protuberances 5. monitoring of no loitering or construction worker parking along Bleeker and Monarch Streets. Insistence on using the parking facility located on the Rio Grande property. Thank you for your consideration of these five points. We look for- ward to a successful Jerome which will enhance our neighborhood, not destroy its residential charm. Sincerel , �l Philip R. Hodgson Patricia H. Hodgson / .9 w� a",(, 6cz.- ej at 2 3,z c� (a, M4 G)e- t.. i�k Ooa�� 7d, � a/X_ - Reqular Meeting Planning and Zonincr Commission June-19, 1986 Welton Anderson called the meeting to order at 5:00 p.m. with members Al Blomquist, Jasmine Type, David White, Mari Peyton and Roger Hunt present. COMMISSIONER COMMENTS 1. David White reported on a joint work session with Council and the HPC on the historic preservation element. White said they would like a demolition and excavation review on all buildings. Council discussed a historic overlay over the entire town. Council would like P & Z and HPC look at FAR and area and bulk, and perhaps have local architects help on this. Review of color and illumination was discussed. Council discussed expanding HPC's authority, which would require more staff and clarity. 2. Alan Richman asked P & Z to attend a joint work session with Council on June 30 to discuss Code simplification. Richman told the Board the consultant selected for this work will be in town, and this meeting will give the consultant some directions. Jay Hammond, city engineer, told the Boards after this work session, the consultant team on the joint maintenance facility will report on the work they have done. Hammond gave the members a report from Fleet Maintenance Consultants on the issue of locating a maintenance facility in town. There are 5 suggested sites in the report. These meetings will be at the community center. 3. Alan Richman told P & Z their case load is starting to back up. The Popcorn Wagon is looking for special help to be reviewed rather than wait to August. Richman requested P & Z schedule a special meeting for Tuesday, June 24, to review this commercial and restaurant in open space. P & Z agreed to have a special meeting. ELECTION OF OFFICERS Hunt moved to nominate Welton Anderson as Chairman and Jasmine Tygre as Vice-chairman; seconded by Ms. Peyton. All in favor, motion carried. MINUTES Hunt moved to approve the minute of March 18 and April 8, 1986; seconded by White. All in favor, motion carried. 601 ASPEN GMP SCORING - PUBLIC HEARING Alan Richman said staff has found the best way to handle complex projects is to set specific agendas for specific approvals. Richman said this meeting is to score the 601 Aspen project under 1 Regular Meeting Plann-inq_and Zoninq Commission June 17. 1986 the growth management scoring system. Richman told the Boards they will review the zoning, subdivision and multi -year allotments on July 8. Richman pointed out the planning office review of this project has been dedicated only to GMP scoring and it has scored above the threshold. The staff has not recommended in favor or against this project. Steve Burstein, planning office, told P & Z this application is for 92 free market residential units that will be short term, as well as 20 units at the Mine Dumps that will be reconstructed for a total of 112 units. There will be 152 underground parking spaces, 20 surface parking space, a new alignment for Dean street, vacation of Juan street, $4,300,000 employee housing obligation, and hotel amenities. Burstein reminded the Board the other 1985 residential project was Sunny Park, which was allocated 4 units. Burstein said this project met the threshold on staff's scoring. There are some outstanding commitments in the applicant in the areas of utilities improvement, -energy conservation; there are some flaws with the project. Burstein said he is concerned about the amount of paving on site as well as the ability to accommodate the Aspen Skiing Company's commitment for 30 parking spaces and a transit system. Burstein told the Commission he does not feel the proposed width of Dean street is adequate to serve the area. The engineering department feels 40 feet would be more appropriate than 25 feet. Burstein said there may be some problems with neighborhood compatibility, the open space and single family neighborhood. Burstein said in site design, he is concerned about placement of the building right up to the edge of the single family area, and the open space may not be in an appropriate location. Doug Allen, representing the applicant, introduced the applicant, Hans Cantrup, Bob Ownes and Sam Hyatt, Skidmore, Owings and Merrill, architect, and Mark Danielsen, general planner. Sam Hyatt, presented a model of the project to give a general overview of the concept. The proposal is for 112 free market units in a residential lodge type configuration located adjacent to Shadow mountain. This project will be within the 28 foot height limitation. Hyatt said he tried to work within the scale of the other buildings in the area. Hyatt said by combining the buildings at the bottom of the hill, it provides a greater visibility at the top of the site. Hyatt said the major building block is at the center of the property with additional housing at the lower end. This provides breathing room from the existing building along Durant street. Hyatt showed the landscaped area in the vacated Juan street. Hyatt showed the service and garage entrances, swimming pool, tennis courts and dining facilities. The character of the 2 Regular Meeting Planning and Zonin4 Commission June 17. 1986 project will use stone, wood and copper. Hyatt said he tried to accomplish a resort environment using the unique site location next to the hill. There is an extension of a Nordic trail through the property and pedestrian access for hiking through vacated Juan street. There will be sidewalk access along Aspen street to service the traffic flow during ski season. Hyatt said by putting the parking below grade and making Dean street at 25 feet, they tried to keep this project to a more residential scale. Allen went over the staff's GMP scoring. Allen pointed out the criteria for points in fire protection. The fire department has commented protection can be provided. The staff has commented the hydrants location should be changed, and there should be a 50 foot radius at the cul-de-sac for turnaround, and Dean street should be widened to 40 feet. Allen said a 40 foot street with parking on both sides is only 25 feet wide. The applicant is proposing Dean street be 25 feet wide with no parking on either side. Allen told the Board that Dean street will be privately maintained but used publicly. The applicant wants a high quality entrance to the hotel, and it will be snow melted. Allen suggested the project be allowed the full 2 points in fire protection. The criteria for parking design does include the amount of paved surface. The staff has interpreted that to include the paved surface in front of the garage. Allen said they plan 20 short term surface parking spaces and 152 below ground. Allen said the 152 spaces underground does away with the consideration of whether the surface is paved or not. Allen said they feel this is an excellent parking design, it is hidden from view and has a beautiful access to the garage. Allen said they should be entitled to 2 points for parking design. Allen told the Commission that Dean street no longer exists between Garmisch and Aspen street due to a law suit that gave the easterly portion of Dean street to Lift One condominiums. Allen said the applicant is proposing to create a connector street, which possibility does not exist at the present time. Allen suggested this is an improvement to the road system, and the applicant should be entitled to 2 points. In neighborhood compatibility, staff commented that the mass of the building was not compatible with the neighborhood. Allen said the neighborhood contains Southpoint, Lift One and Timberridge condominiums. These buildings mass and FAR are greater than what the applicant is proposing. Allen said regarding the comments on shading, Shadow mountain is higher than any of the applicant's proposed buildings. This building cannot create a solar problem for other buildings as the sun goes behind q Regular Meeting Planning and Zoning Commission -June 17. 1986 Shadow mountain. This project should be entitled to 2 points rather than 1. Allen brought up site design and told the Commission this area is platted for development. Most of this property is zoned L-2, and the transition has to take place somewhere. The intent of the L-2 zone district was to be a transition zone, and this site design is compatible making the transition of a lodge to the Shadow mountain site. Allen said the project should be awarded a total of 5 more points than given by the planning office. White asked if this is a studio apartment hotel with kitchens. Allen said they are applying for a growth management allotment for residential units, which allows kitchens. Allen said they feel there is a market for units with kitchens, and lodge units are not allowed kitchens. Allen told the Board there will be a dining room for guests. White asked what kind of commercial space is planned. Allen said the only commercial space will be accessory to the hotel operation. Hunt asked about the service access to the facility. Hyatt showed the access from Garmisch through to Aspen street with the pull off to the hotel entrance. Hyatt showed the service access at the west end pod and how trucks will pull into Dean street and back into the building. Hyatt said the compactor, transformer and utilities are all within and underneath the buildings; the service corridor connects through to the dining area. Hyatt said the building is deep enough to accommodate trucks within the building. Hyatt said the building can accommodate 4 docks. Hyatt said they will try to hide the service access as much as possible. Blomquist asked to see the trail plan and asked if there are plans to get easements for trails to the west. Hyatt showed the Commission the trail cutting through the site. They have various proposed alignments, depending on what happens to easements to the west. Hunt said he is concerned as there does not seem to be provisions for improving Aspen street and the sidewalk. Hyatt said they are planning a sidewalk to connect to Dean street. Ms. Peyton said she does not see any viable area that could be perceived as a large green space. Ms. Tygre said the planning office memorandum points out there is vegetation and building shown on the area north of the Mine Dumps not owned by the applicant, and asked where that is. Hyatt showed the hillside they have shown on the drawings; however, it is not calculated as part of the plan. Allen said this is a 20 foot strip. White asked when the project would be complete. Allen said 1988. Allen told the Commission they do not have a commitment from the Broadmoor to be the operator of the facility yet; it has been 4 Reqular Meetino Plannin4 and Zoning Commission June 1-7, 1986 discussed with the Broadmoor. Allen told the Boards it is too early to get a commitment from any operator. Anderson opened the public hearing, and listed the items that the P & Z will be scoring. Jasmine dePagter asked what guarantees there will be that the landscaping will be done and taken care of. Allen answered that is part of a subdivision agreement, which is a legally binding document between the city and the developer. Jack dePagter said he does not object to the area being cleaned up and a nice hotel being built in this location. dePagter said improvements to the lodging industry should be allowed. Dave Zaagman asked how many years allotment this applicant is asking for. Anderson said the multi -year issue will be addressed at a subsequent meeting. Dave Ellis said adjacent property owners received notice of this as a public hearing for the rezoning issue. Allen said the rezoning issue will be continued to July 8. John Simmons said he is concerned with the way this project fits into the neighborhood, it is chopping across the mountain. Simmons pointed out that fire protection to the middle of the project would be very difficult. Mary Barbee told the Commission there are misrepresentations on the model. The land to the west is not the applicants and is made to appear as part of the project. Ms. Barbee showed the Commission the Barbee property. Ms. Barbee said the project is not as compatible with the west side as with the east side. Ms. Barbee said this project is configured compacts the development in one location. Dave Ellis, representing the Timberridge condominiums, said regarding storm drainage, the applicant claims to be putting curb and gutter on both sides of Aspen street between Dean and Durant. Ellis pointed out there is existing curb and gutter there and that should be taken into account. Ellis said he does not feel the parking is sufficient. The applicant is eliminating parking on Juan, which is signed no parking, but is consistently used for parking. There may be parking eliminated on Dean and Garmisch. Ellis said he does not feel a semi truck can be backed up in 25 feet. This is a deficiency in terms of service. Ellis told the P & Z there should be no points awarded for Dean street, if Juan street is to be vacated. Ellis said this project will substantially alter the existing traffic patterns in the area. Ellis said the applicant should demonstrate how the traffic will be handled. Ellis said applications are supposed to conform to zoning; this project does not conform to set backs in the L-2 zone. Ellis pointed out multiplying 112 units times 800 square feet and adding halls and stairways, it totals 112,000 square feet. Ellis 5 Regular Meeting Planning and Zoning Commission June 17, 1986 said this does not account for lounge, recreation facilities, dining facilities, administration, and enclosed trash area. Ellis said this project will exceed the 1:1 FAR in the L-2 zone. Ellis said this project has not requested PUD designation and must conform to the zone district. Ellis said any subgrade or basement areas that are habitable also have to be included in FAR calculations. Ellis said there are no hotels in town that have dining facilities 100 percent restricted to guest uses, and a condition of approval should be no liquor service and no public usage of such facility. Ellis said in terms of density, there are two doors shown on the floor plan to an 800 square foot studio with two baths. This could become a one bedroom unit, or a studio and a lodge room. This would require more parking, or a total of only 90 units. Allen said the applicant has shown a logical extension of the trail on his property, which complies with the Code. This trail was commented on favorably by the Nordic council, and the applicant feels they should get the whole 3 points. Allen said they have not dealt with the question of illegal parking. Allen said the applicant will work with the planning office to get the project to be compatible with the code and will address many of these concerns. White said these studios have 6 pillows, and in P & Z's discussions a room is defined by having 2 pillows. Allen said the Code addresses the room configuration, not the number of beds. Burstein said this configuration appears to meet the definition of studio. White said in discussions of the Aspen Mountain Lodge, a lock off room had to be counted as a separate room. White said these rooms could hold 3 couples with 3 cars. Allen said the units comply to Code, and the Code states a studio contains 1.25 people. Fred Smith, adjacent property owner, said although they support the project, they are concerned about the evolution of the project. When the applicant presented the project in March, there were 100 units at about 400 square feet. The applicant has added two buildings, decreased the setback on Aspen street from 20 to 5 feet. Smith said this project appears to be able to support 600 to 700 people. Alan Bush, Silver Shadow condominiums, supported comments made by Ellis and Smith. Bush said the density is inappropriately high. Anderson continued the public hearing to July 8, 1986. Ms. Tygre asked what the size of a typical short term units is. Ellis said a typical unit is 300 to 400 quare feet. Ms. Peyton commented employee housing at Midland Park 2 bedrooms are 850 square feet. Ms. Peyton asked if the living area could be locked off. Burstein said that would be a violation of the building code. White said the fire access is of concern to him, and it 1.1 Regular Meeting Planning and Zoning Commission June 17, 1986 appears it would be difficult to get to the center portion of the complex. Hyatt said in the next phases of design, they will design an access with the fire department. Blomquist said if this is zoned lodge, these units should come out of the lodge quota. The general rule in the past has been if a project is in a lodge zone, the units come out of the lodge quota. If a project is in a RMF zone, it comes out of the residential quota. Blomquist said if previous lodge units with kitchens came out of the lodge quota, they should have been deducted from the residential quota. Blomquist said he would like a report back on previous deductions from the quota. Allen said the code allows RMF in the L-2 zone, and they would not be able to do kitchens if they were applying for lodge units. Also there are no lodge units available. Ms. Peyton said when employee housing is taken care of by cash in lieu, there may be a chance that the units will not come into existence simultaneously with this project. Georgia Taylor said the housing office would rather have the cash to use in areas of employee housing that is most needed. Hans Cantrup suggested cash in lieu could be ear marked for M.A.A. housing. Commission members scored the project. Burstein calculated the members scores Burstein said the threshold is 31.8 points and the application scored 29.7 and did not meet the threshold. MUNICIPAL CODE AMENDMENT - Use Tables to Allow Dwelling Units in the Commercial Core zone district Anderson stepped out of the room. Vice Chair Tygre opened the public hearing. Burstein told the Commission the land use plan, which the staff is working on, has some pertinent information and it may be better to table this. Burstein said the Commission needs to look at how this code amendment may effect the commercial inventory. It could be argued that because there is limited commercial space, this could take away from commercial space. Burstein said on the other hand, it has been suggested there may be an excess of commercial space. Burstein said the GMP quota would be effected both in the commercial quota and residential quota. Burstein said the staff feels residential uses in historic commercial structures should be a conditional use and may serve as an incentive to restoration. Burstein recommended residential uses not be permitted in non -historic structures. Burstein agreed with the applicant that residential uses in a commercial core does add vitality. The parking requirements are a special review by P & Z, and the staff is looking at a cash in lieu 7 Regular Meeting Planning and Zoning Commission June 17, 1986 alternative towards a parking structure. Tom Baker, planning office, told the P & Z staff will have a report in July on the break down of the land uses in the downtown area. White said the Commission has changed the concept of having no residential in the downtown area. White said the third floor of any building is not a viable commercial space, and the second floor has questionable commercial value. White agreed that the vitality aspect is very positive. Blomquist said he would agree with residential uses as long as these are long term rather than short term. Andy Hecht said dwelling units are permitted in the commercial core as accessory uses. Hecht said commercial tenants on second stories do not last very long. Hunt said the Commission should address the parking problem because residents are more likely to have cars. Blomquist moved the P & Z sponsor a resolution for an amendment to the zoning code use tables to allow dwelling units accessory to the principle use, long term, deed restricted to employee housing guidelines in the commercial core zone as a permitted use in historically designated structures and as a conditional use in other buildings; all such dwelling units to be above ground level; seconded by White. Burstein pointed out that allowing employee housing units is not a change to the Code, which is considered an accessory use. Blomquist withdrew his motion. Ms. Peyton said free market units could parking issue is addressed. Ms. Tygre impossible to provide parking on -site Richman said staff is working on a cash the transportation study has to be done plan has to identify where the money specific program is. Ms. Tygre closed the public hearing. be allowed as long as the pointed out it is almost in the commercial core. in lieu for parking, but first. Richman said the will go and what the Hunt moved to direct the planning office to go forward with the proposed code amendment allowing permanent residential uses in the commercial core in a historically designated building with the 6 month minimum lease requirements, that this be a conditional use and that the parking requirement will have to be satisfied under special review and may include many options and does not waive the need for parking; seconded by Ms. Peyton. Blomquist said he would prefer to see this be a permitted use rather than conditional use. 0 Regular Meeting Planning and Zoning_ Commission June 17, 1986 Roll call vote; Blomquist, no; Peyton, yes; White, yes; Hunt, yes; Tygre, yes. Motion carried. HOTEL JEROME EXPANSION PUD AMENDMENT Alan Richman, planning director, said the resolution should reflect the ownership as Hotel Jerome Limited Partnership rather than Dick Butera. The second condition regarding shading should be changed to state "The applicant's redesign will take into consideration the results of the shading study on Bleeker street". Richman noted condition #3, the engineering department is uncomfortable with the figure for Bleeker street to be $17,500. The engineering department would like the language to read that the city will repay half the total cost. Richman said the resolution needs a further resolved paragraph to grant conditional use, special review for trash and utility access area, and special review of commercial restaurant in open space. Perry Harvey, representing the applicant, told the Commission the engineering department talked to Elam about regrading Bleeker street and the $35,000 is a ball park figure. Harvey said Elam won't do the survey work required to give an accurate bid unless they are guaranteed the job. Any job over $10,000 the city is required to put to bid, so an exact figure cannot be reached. Harvey said the condition states the applicant will commit to paying these costs consistent with plan of the engineering department. Harvey said the applicant would like some input and the right to review the plans. Richman said he feels this is appropriate. Harvey said the plan does have to meet engineering standards because it will be a city street. Richman suggested adding language "said plans also received approval of the applicant". Harvey told the Boards that the original PUD agreement requires the applicant to compensate the city for an 8 inch water main from Monarch street east along Bleeker 240 feet. Harvey said the applicant is not asking for this section of the original PUD agreement to be amended. The staff is now requesting the applicant to loop to Mill street. Harvey said since they are not asking this section to be amended, it should stay the way it is. Harvey said he feels this is unfair. Richman said this is needed by the project and will benefit the project, looping is a reliability of double availability of service and is standard in the city. Harvey said in the original approval, the city was going to do the loop. Harvey said he is not comfortable that it is open season on every element in the PUD agreement. Richman told the Regular_ Meeting-Planninq and Zoninq Commission June 17, 1986 Board since the original approval of this, the city has adopted a new water management plan. Richman said looping is not out of the ordinary for a project of this size. Burstein told the Boards the water department has indicated they will try to find the money to loop this system, but felt it is reasonable to ask the applicant because of the reliability. Hunt said as the city's regulations change, people have to comply with these regulations. City Attorney Taddune said looping is the engineering state of the art, and it has an impact on insurance values, adjacent property health and safety concerns. Taddune suggested the P & Z could defer this decision to the Council because it is the city's water system. Taddune said his office has been insistent on having project loop their systems. Harvey said he wants to maintain the same agreement that exists in the PUD agreement. Hunt asked if the Board is satisfied with the truck access. Anderson said they are. Blomquist moved to approve Resolution 86-8 changing the second whereas to read Hotel Jerome Limited Partnership; changing condition number 3 to say mutually approved by the city engineering department and the applicant and changing $175,00 to 50 percent shared construction costs, and adding an also be it resolved at the end that a grant of condition use was given; approval was given for special review for trash and service area and for commercial uses in open space; seconded by Ms. Peyton. All in favor, motion carried. WELLS STREAM MARGIN REVIEW Steve Burstein, planning office, told the Boards this is an application for two additions, one onto the house at 1100 Black Birch, and one onto the garage area. Burstein showed Castle creek river and the structures. The engineering department has reviewed this and is satisfied construction will not take place in the 100 year flood zone. Burstein noted that two trees will be removed for the garage. This is a cottonwood forest and the loss of these two trees will not be a significant derogation of open space, and the parks department agreed this is reasonable. Hunt asked if there is a potential trail on this property. Burstein told the Board he checked the master plan, and there is none. Hunt moved to approve the stream margin review subject to conditions 1 through 3 in the planning office memorandum of 13 June 1986; seconded by Ms. Peyton. All in favor, motion carried. Blomquist moved to adjourn at 7:40 p.m.; seconded by White. All in favor, motion carried. 10 Regular Meeting Planning and Zoning Commission June 17. 1986 Kathryn S Koch, City Clerk 11 PUBLIC NOTICE RE: HOTEL JEROME PUD AMENDMENT PHASE II: THE ADDITION NOTICE IS HEREBY GIVEN that a public meeting will be held on June 23, 1986, at a meeting to begin at 5: 00 P.M. before the City Council of Aspen, Colorado, at the Community Center on Lone Pine Road in Aspen, to consider a request by the Hotel Jerome Limited Partnership to amend the previously granted Hotel Jerome PUD. The property is located at the northwest corner of Main and Mill Streets in Aspen, Colorado. For further information, contact the Aspen/Pitkin Planning Office, 130 S. Galena Street, Aspen, CO 81611 (303) 925-2020, ext. 223. s/Will iam L. Stirling Mayor, City Council of Aspen, Colorado Published in the Aspen Times on June 23, 1986. City of Aspen Account. MEMORANDUM TO: Aspen Planning and Zoning Commission FROM: Alan Richman, Planning and Development Director RE: Hotel Jerome PUD Amendment Phase II: The Addition DATE: June 3, 1.986 APPLICANT'S REQUEST: The applicant requests an amendment to the Hotel Jerome PUD with respect to the proposed addition. The attached letter from Perry Harvey describes some of the reasons for the proposed amendment, and evaluates many of the important project parameters which will need to be addressed in this land use review. The addition of lodge units to this individually designated historic structure is exempt from competition from the quota system (although to be deducted from the lodge quota at the time of building permit issuance) as per Section 2.4-11.2(b) of the Code. Specifically, the applicable provisions of the Code for P&Z consideration are: 1. Section 24-8.26 - Amendment of PUD Plan 2.. Section 24-3.3 (c) - Amendment of approved conditional use (Hotel in CC zone district). 3. Section 24-3.7(d) (8) - P.estaurant in required open space. 4. Section 2.4-3.5 (b) - Reduction of trash and utility service area dimensions. BACKGROUND: On April 11, 1983, the Aspen City Council approved the Hotel Jerome PUD, Renovation and Addition. When ownership of the Hotel passed from John Gilmore to T. Richard Butera, the Planning Office and City Attorney determined that a phased development program was permitted under current regulations, but not recognized in the adopted PUD Agreement. Therefore, the issuance of a building permit for the work on the existing building was expressly conditioned on the applicant submitting a PUD amendment addressing the impacts of phasing. That applica- tion, which we will refer to as "Hotel Jerome PUD Application, Phase I: The Renovation" was approved by City Council on May 5, 1986, subject to the conditions listed in the attached memorand- um. 1 PLANNING OFFICE ANALYSIS; When this proposed amendment was first presented by the applicant at a work session on February 3, 1986, it appeared that the changes to be made to the project were quite positive and desirable. Having now received the applica- tion and with an opportunity to review the proposal in more detail, we see some significant problems, in addition to some very clear benefits to be achieved. The following table sum- marizes the changes proposed by the applicant, and the advantage and disadvantages each change portends for the community when compared to the approved plan. TABLE 1 - PUD AMENDMENT SUMMARY - HOTEL JEROME ADDITION Proposed Change Advantages Disadvantages 1. Reduce room May lessen overall Bigger rooms may count project impact. accommodate larger guest count. 2. Eliminate com- W i 1 1 l e s s e n None mercial space overall proj ect impact. 3. New architec- Greater historical Incompatible with tural style integrity. s u r r o u n d i n g heights; loss of building stepback. 4. Provide park- Insures avail- Increased heights ing on -site abil ity of parking w i l l increase at same time as shading effect on project construc- Ill ee ker Street; tion; eliminates less of contribu- travel to and from f o r t o n u b t i c off -site location. parking structure 5. Revise land- None Garden is exces- scaping plan sively "urbaniz- ed"; buffer at corner of Bleeker and Monarch has been reduced; much of the open area does not meet definition of open space. 6. Revise service Improved turnina area movements; reduced Potential auto - congestion on Main truck conflicts; Street. increased traffic on Bleeker Street. 2 Following is a more detailed e:-,amination of each of the proposed changes, their benefits and costs, and their consistency with applicable criteria from the Municipal Code. 1. Reduce Room Count - Following is a comparison of the room count as originally approved in 1983 and as to be amended herei n: Approved Plan Existing Bldg - 28 guest rooms New Bldg - 4 employee units 74 quest rooms Proposed Amendment Existing Bldg - 27 quest rooms, 4 employee units in annex New Bldg - 67 guest rooms The above comparison demonstrates that whereas previously 102 guest rooms and 4 employee units were to be provided on site, the current proposal is for 94 guest rooms and 4 employee units to be located herein, a net reduction of 8 units. The smaller room count would typically translate into lessened on -site and off -site impacts. However, since the new rooms will be more spacious than the prior approval, it is likely that the total pillow count for the hotel has actually increased, depending on how the hotel is managed. We would like to see a comparison of expected pillow counts from the approved to the amended project to verify the actual impacts to be experienced. 2. Eliminate Commercial Space - The approved addition included a variety of commercial uses associated with a "f ull service" hotel, including a flower shop. books and gift store, boutiques, camera shop, barber/beauty salon, etc. Given the proximity of this site to shops in the commercial core, it is quite obvious that all of these uses are already within walkinq distance of guests Further, it could have been expected that these uses would have drawn additional patrons (and impacts) to the hotel, and not simply act in an accessory manner for guests only. The removal of the commercial space from the project is a principal factor contributing to the reduction of the proj ect' s FAR by approximately 23,000 square feet (from about 2.7:1 approved to 2.23:1 proposed) but still requiring a variation of the CC FAR. The allowable FAR in the CC zone district is 1.5:1, increasable to 2.0:1 by the provision of on -site employee housing in the ratio of 2 feet of commer- cial space for every 3 feet of housing provided on -site. 3 Since the project Provides only 1,350 s.f. of employee housing on -site, an additional 900 s.f. of commercial area is allowable for a total project Floor Area of 73,818 (1.55:1) . Any increase beyond this size represents a variation of allowable FAR. Please note that the parking garage, involving 18,400 s.f. of area, is entirely exempt from FAR calculations, as per Section 24-3.7(e) (3) of the Code. Nevertheless, since the parking structure is not fully below grade, it does contri- bute to the perceived mass of the building. On balance though, we agree that the overall site impacts will be lessened by the reduction of commercial space on -site. 3. New Architectural Style - The applicant indicates that due to comments by the National Park Service, a revised archi- tectural theme for the addition has been developed. Quite frankly, we are most enthusiastic about some of the detailed aspects of the revised architecture and would like to compliment those responsible for proposing what is a very special treatment of a very important building. These comments simply echo those of the Historic Preservation Commission, which gave final approval to the design at a public hearing held on May 27, 1986. While we are most supportive of the architectural details involved in the window treatments and the more authentic, rather than modernistic character of the addition, there are significant problems imposed by the elevations associated with the proposal. Following is a comparison of the heights at the corners and mid -block of the surrouneing streets. Street Mill Street Approved Plan 47 ft. to 52 ft. Proposed Amendment 47 ft. to 52 ft. (from connection of historic building to corner of Bleeker) Bleeker Street 52 ft. to 48 ft. 54 ft. to 50 ft. to to 24 ft. 40 ft. (from Mill Street corner to mid -block near pool to Monarch corner) Main Street 24 ft. 44 ft. to 33 ft. (from attachment to historic building to Aspen Times building) We find the new elevations to be incompatible with sur- !� rounding land uses in the area, crhich is a criterion of the conditional use amendment (Section 24-3.3(b) (3)) . It should be recalled that during the 1983 review of this project, the rear half of the site was rezoned from 0 - Office, to CC - Commercial Core. This rezoning was permitted, in part, because the heiq_ht of the addition around the pool was only to be 24 feet, and, therefore, was less than that allowed for the properties along Monarch and Bleeker Streets. The present proposal is substantially in excess of the 28 foot height limit of the office district, and will dwarf the surrounding uses. Furthermore, the prior design provided for a stepped -back architectural form, which helped in reducing the perceived mass of the building, and which also provided benefits in terms of shading on Bleeker Street (for additional related comments, see discussion of parking and site design, below) . A final concern is that from a Building Code standpoint a 50 foot height limit is the max- imum allowed for wood frame construction. This limitation would also indicate that height reductions be implemented. 4. Provide Parking On -Site - The approved PUD plan required that the applicant provide 60 parking spaces (35 employee, 25 guest) in conj►znction with the project. The number was derived from a staff analysis, utilizing survey data reryarding method of guest arrival to Aspen, and taking into consideration existing parking on the site, the applicant's commitment to provide three limos and other auto disincen- tives, and the projected employment increase associated with the expansion. The spaces were to be provided through a cash contribution to the Rio Grande parking structure, with interim plans also identified if the structure were not built by the time of Hotel occupancy. The applicant now proposes to place 51 spaces subgrade on the site, with access from Bleeker Street. The principal benefit of this alternative is that it insures the avail- ability of parking for the project at the same time the addition is occupied. Provision of the parking on -site also eliminates the need for travel to and from the off -site location, which could have been as far away as the Golf Course under the approved PUD Agreement. One reason that so many of the required spaces were to be reserved for employees was the uncertainty as to the location of the housing to be provided by the project. At the time, it appeared that the applicant would purchase Hunter Creek units, or those in some other existing complex. The fact that we now know that the housing will be provided at the Cortina, which is within one block of the Hotel, obviates the need for much of the employee parking and opens up additional spaces for guests. Provided that the limo service operates with three vehicles, we believe the 51 61 spaces to be adequate for project needs. The principal problem caused by providing the parking on - site is that it has raised the elevation of the addition. Whereas previously the building around the existing pool was to be sunken 1/ 2 story into the ground, for a three story height of only 24 feet, the parking now protrudes 6-8 feet above grade as one moves from Mill Street to Monarch Street, for a building height of 40 feet in the northwesterly corner of the site. In addition to the visual/land use compatibility issue with respect to height, a second concern is the likely shading effect on Bleeker Street. We have recently requested a shading study showing the effect of the approved building, the requested amendment and an intermediate alternative of about 32 (rather than 24 or 40) feet around the pool. Given the intention of the applicant to use Bleeker Street for delivery trucks and as a parking garage entrance, and recognizing the hazard with the existing grade on the street, we f eel that it is crucial to know whether the street will be in shade for all or part of the winter. One last concern with respect to parking is that by provid- ing the spaces on -site, we have lost a potential contributor to a public parking structure. Unless the P&Z and Council simply find the amendment entirely unsupportable and send the applicant back to the drawing board (an action which we would not support) , we see no way around this issue. 5. Revise Landscaping Plan - There are several important changes to the proposed landscape plan for the property. The original approval showed landscaping in the folla,, ing portions of the site: a. Jerome Garden - This area was to be a very formal flower _garden and patio, surrounded by turf, shrubs and trees. b. Pool Area - A new pool and jacuzzi were to be placed in approximately the current pool location. C. Periphery - Extensive tree and shrubbery plantings were to be placed along the exterior of the project on Mill, Bleeker and Monarch Streets. An impressive planted setback buffered the Monarch/Bleeker corner. The new landscaping plan has the following elements: a. Jerome Garden - The aarden area is now shown as principally brick paving, with trees and shrubs spaced within the interior and exterior of the area. The two 0 principal uses of the garden appear to be bar/outdoor dining and a swimming pool space. The garden has been extended to the rear, adjacent to the new lobby with a grass lawn. The old pool area is covered by building. b. Ballroom Patio - A brick patio with trees and shrubs is proposed between the historic and new buildings on Mill Street. C. Periphery - Extensive tree and shrubbery plantings are still to be placed along. the exterior of the project. The setback at the Monarch/Bleeker corner is reduced to standard proportions. The Plannina Office is very dissatisfied with the new landscape plan. 4?e find the prior approach, which incor- porated much more green space in the traditional garden to be vastly preferable to the "urbanized" scheme proposed today. The rear green space is not likely to receive significant sun, and is not of benefit to the public due to its location. The ballroom patio, while providing an opportunity for guests to "take a breather" is also not truly viable open space for the public since it sits above the Mill Street grade by more than four (4) feet. The open space shown on the proposed plan does not, for the most part, conform to the definition of open space contained in the Code for the following reasons: 1. The garden area does not meet the minimum frontage requirement of 100 feet or half the length of the lot f rontage (it is 60 feet wide but needs to be at least 80 feet wide) . 2. The ballroom patio does not meet the frontage require- ment and it is also more than four feet above grade. 3. The rear garden area does not front on the street at all. The only area which appears to meet the open space require- ments is a 1400 square foot area in the rear corner of the buildinq at Mill and Bleeker Streets. The situation with repect to open space calculations is similar to that which we have recently experienced with the Little Nell project. In that instance, it was our recom- mendation that Council vary the method of calculating open space, based on the intent of having open space as a visual relief from the building mass. From this perspective, the 7 ,3 20 square feet of space in the garden which does not meet the minimum frontage requirement, but is the historic open space on the site, should be counted toward the open space 7 requirement. Counting the two areas, an open space calcula- tion of 18.3 percent is obtained. If we also add the ballroom patio, an open space calculation of 21.7 percent is obtained. Lastly, adding the rear garden, which has no street frontage, allows for a 2.5.4 percent open space calculation. Our position is that 18.3 percent of the site be considered as open space (garden and northeastern corner) , and a variation from the 2.5 percent requirement be granted in light of the two other available areas which are not being built upon. In a conversation with the applicant's representative on 5/28, we were informed that the applicant also does not feel comfortable with the plan as shown. A new plan has been prepared, and will be presented to P&Z at your meeting on Tuesday. This plan was presented to the staff just as this memo was being finalized and while it seems to be a vast improvement over the earlier proposal has yet to receive detailed scrutiny by us. 6. Revise Service Area - The original scheme for the loading dock off Bleeker Street required trucks to back into the area, causing potential significant conflicts with other vehicles on the street. The new plan shows a loading dock in approximately the same location as previously, but in a new configuration which allows direct access for trucks without the backing in movement. This is a vast improvement over the prior plan. However, this same area provides access to the parking garage, causing the potential for auto/truck conflicts. The Engineer reviewing the project requested additional traffic and delivery data to assess the severity of this potential conflict and is also concerned about conflicts between garbage trucks and auto movement. By moving the guest drop off from Plain Street (where the Highway Department refused to permit it) to Bleeker Street, we trade congestion problems. However, it is vastly preferable to have this congestion removed from Main Street, if an acceptable solution to the grade/icing problem on Bleeker Street is found. According to Elyse Elliott, the cost of regrading and paving Bleeker Street is about $35,000. Since this project is not in the City's capital budget, but should be accomplished at the same time as the Hotel Addition, we suggest the following options: a. Have applicant pay the full cost of the regrade; b. Have the applicant "front" the cost of the regrade and have the City pay back a percentage of this cost, with the percentage and method of payment to be finalized in the PUD Agreement with Council; or c. Have the applicant "f ront" the cost of the regrade and have the City pay back the entire cost to the appli- cant. Since this problem on Pleeker Street affects both the City and the applicant, and since the applicant's new service area will clearly exacerbate an already hazardous situation, we feel that having the City and the applicants share the cost, with the City paying the applicant back for "fronting" the initial expenuiture, is the most equitable solution. The applicant requests that P&Z vary the size of the required trash and utility service area. Using the stan- dards of Section 24-3 .7 (h) (4) , an area of about 100 linear feet on an alley is needed. The entryway to the deli- very/garage is about 65 feet in length, abutting a street and not an alley. The internal dimension of the loading area and turnaround is nearly 115 feet in length. The Engineer comments that the trash area appears to be adequate at 10 ft. x. 17 ft. If the P&Z finds that the turning movements within the service area will work, and conflicts between cars and trucks are minimal, we recommend that you vary the requirement at such time as the Engineer's concerns have been addressed. MISCELLANEOUS ISSUES: A variety of other issues have been raised by the referral agencies. These issues include retention of storm drainage, provision of utilities, construction schedule, and building and zoning plan check verification. I attach the referral memos for your review, and include the appropriate comments as conditions of our recommended action. SUMMARY AND RECOMMENDATION: Our review has identified both advantages and disadvantages of the proposed amendment for the Jerome Addition. The project's principal advantages provide ample reason for supporting the project. These advantages i_ ncl ude : 1. Reduced room count and elimination of commercial space will lessen the project's impacts on the neighborhood; 2. The revised architecture provides for greater historical integrity with the historic hotel. 3. The provision of on -site parking insures the availability of an adequate number of spaces at the time of hotel occupancy. The new service delivery area exhibits better turning movements for sleeker Street and drop off in this area will lessen congestion on Main Street. There are several problems which the applicant must solve before final approved is granted. These items include: P 1. The height of the addition along Bleeker Street is incom- patible with the neighboring office/residential uses. While the heiaht at Mill Street and Bleeker has not changed significantly, that around the existing pool is dramatically increased. We recommend the following actions with respect to this problem: a. A shading study should be submitted to and reviewed by staff and P&Z, comparing the effects of the approved plan, the new proposal, and an intermedial_e alternative of 32 feet on the Bleeker/Monarch side of the site. Based on the results of the study, it may be necessary to reduce the height of the addition to well below 40 feet. In no case, however, should the height approach 40 feet due to the incompatibility with the surrounding uses. From a compatibility standpoint, 32 feet should be the maximum height allowed on this portion of the site. Further height restrictions should be based on the results of the shading study. Height reductions should be accomplished by laiering the elevation of the parking structure or, if necessary, removing one or more stories from the building. b. The applicant should commit to fronting the cost of the Bleeker Street regrade, with the City to pay back its share of that cost through a formula to be approved in an amended PUD Agreement between the City and the applicant. 2. The landscaping plan is out of character with the historic concept of the Jerome Carden. A new plan should be reviewed and if found acceptable approved in conjunction with the PUD amendment and outdoor dining in required open space applica- tions. Without the height reduction and the new landscaping plan , we are unable to recommend approval of the PUD Amendment, condi- tional use amendment or use of required open space for outdoor dining. Additional information is also needed before the trash/utility variation should be granted. At such time as the problems noted above are rectified, and all requested information is provided, we would recommend approval subject to the following conditions: 1. The applicant shall submit an amended PUD plat for the entire parcel meeting the requirements of Section 24-8.12 of the Municipal Code and a new PUD Agreement for the renova- tion and addition, superceding the previously approved Agreement. The plat and Agreement shall include all material representations made by the applicant during the Phase I and Phase II amendments, and reflect all conditions 10 imposed by the City Council during that process. 2. The height of the building addition along Bleeker Street from mid -block to the corner of Monarch shall not exceed .32 feet from final grade. This height shall be further reduced by the Planning Commission and/or City Council if the results of the shading study to be provided by the applicant demonstrate a significant benefit to be gained from the height reduction. 3. The applicant shall commit to paying for regrading Bleeker Street consistent with plans to be developed f or this project by the City Engineering Department. The regrading shall occur in conjunction with construction of the Hotel Addition. A formula for City repayment of a percentage of the cost of the regrade shall be developed by the applicant and City Council and included in the PUD Agreement. 4. The applicant shall provide the water system interconnec- tions and fire safety requirements identified by Jim Markalunas in his memo dated 5/13/86, and as elaborated upon by Elyse Elliott in her memo dated 5/2.8/86. 5. The applicant shall respond to the informational requests made by the Engineering Department in their memo dated 5/28/86 as regards storm drainage, construction schedule and service area. The information with respect to the service area must be reviewed by staff before the Planning Commis- sion finalizes its action with respect to the trash/utility area variation, while the remaining information should be provided in time for Council review of the PUD Amendment. 6. Delivery trucks shall be routed to access the site from Bleeker and Monarch Streets and not Bleeker and Mill Street. 7. The applicant shall verify that all building and zoning code issues raised in Bill Drueding's memo dated 5/27/86 and Jim Wil son' s memo dated 5/ 29/86 can be adeauatel_y addressed. The only variations granted herein are as follows: AR.3 a. Height as shown on the plans submitted and as to be modified herein by Condition No. 2. b. FAR not to exceed 2.23:1. C. Trash/utility access area as shown on the plans submitted. d. open space variation as to method of calculation and acceptable as 18.3 percent. 11 PITKIN COUNTY TITLE, Inc. Title Insurance Company 601 E. Hopkins PERRY HARVEY Aspen, Colorado 81611 DATE: MAY 13 1986 (303) 925-1766 ASPEN, COLORADO 81612 ACC. No. 86-047 Pitkin County Title, Inc., a duly licensed Title Insurance Agent in the State of Colorado hereby certifies the following list is a current list of adjacent property owners within 300 feet of the subject property set forth on Schedule "A" attached hereto and made a part hereof, as obtained from the most current Pitkin County Assessors Tax Roll. NAME AND ADDRESS JEROME HOTIir COMPANY c/o JOH AF GILMORE P.OS FFICE BOX J AS N, COLORADO 81612 CARL R. BERGMAN & CATHERINE M. BERGMAN P.O. BOX 1365 ASPEN, COLORADO 81612 MOUNTAIN STATES COMMUNICATIONS, INC. P.O. BOX E ASPEN, COLORADO 81612 NORTON SHARPE 11450 AYRSHIRE ROAD LOS ANGELES, CALIFORNIA 90049 KARL G. LARSON M. MADELINE LARSON 2425 S. 162nd STREET NEW BERLIN, WISCONSIN 53151 LARRY LIGHTNER c/o GARY A. WRIGHT, ESQ. SUITE 106 201 NORTH MILL STREET ASPEN, COLORADO 81611 ROCKY MOUNTAIN EQUITY & MORTGAGE COMPANY JAMES R. MC DADE ELAINE B. MC DADE P.O. BOX 11689 ASPEN, COLORADO 81612 BRIEF LEGAL DESCRIPTION SUBJECT PROPERTY LOT K, W11 LOT M, BLK. 79 LOTS E, F, BLK. 80 LOT M, W 10' LOT N, E� LOT L, BLK 79. UNIT 1A, JEROME PROF. BLDG UNIT 1B, JEROME PROF. BLDG. UNITS 1C, 1D, 1E, JEROME PROF. BLDG. UNIT 1F, JEROME PROF. BLDG. NAME AND ADDRESS BR_-_ LEGAL DESCRIPTION J. D. MULLER P.O. BOX 4361 ASPEN, COLORADO 81612 JOSEPH E. EDWARDS, JR. ATTORNEY AT LAW SUITE 109 201 NORTH MILL STREET ASPEN, COLORADO 81611 HERBERT S. KLEIN MARSHA L. KLEIN JOSEPH B. KRABACHER JON DAVID SIEGLE ELIZABETH STEWART c/o KLEIN SIEGLE & KRABACHER, ATTORNEYS AT LAW SUITE 201 201 NORTH MILL STREET ASPEN, COLORADO 81611 RICHARD H. CASSENS CAROL S. CASSENS 31645 SOUTH CANYON CIRCLE EVERGREEN, COLORADO 80439 REINHARD N. ELDER 202 NORTH MONARCH ASPEN, COLORADO 81611 PHILIP R. HODGSON PATRICIA H. HODGSON 212 NORTH MONARCH ST. ASPEN, COLORADO 81611 ASPEN SAVINGS AND LOAN ASSOCIATION P.O. BOX 8207 ASPEN, COLORADO 81612 JOAN ENID LIGHT 801 BASELINE ROAD BOULDER, COLORADO 80302 FERENC BERKO MIRTE BERKO P.O. BOX 360 ASPEN, COLORADO 81612 WILLIAM G. BRUMDER, TRUSTEE 2054 FIRST WISCONSIN TRUST CO. MILWAUKEE, WISCONSIN 53201 r UNIT 1G, JEROME PROF. BLDG. UNIT 1H, 1I, JEROME PROF. BLDG. UNITS 2A, 2B, 2C, 2D, 2E, 2F, 2G, 2H, 2I, JEROME PROF. BLDG. UNIT 2J, JEROME PROF. BLDG. UNIT 2K, to It to LOTS K, L, M, N, 0, BLK. 78 S 62' LOTS A, B, C, BLK. 78 LOTS D, E, F, G, H, I, BLK 78 LOTS G, H, I, BLK 72 LOTS C, D, E, F, BLK. 72 LOTS N, 0, P, Q, BLK 72 NAME AND ADDRESS - BRLcF LEGAL DESCRIPTION WILLIAM G. PARZYBOK, JR. LOTS R, S, BLK 72 3609 EL CAMINITO LOVELAND, COLORADO 80537 CHEVRON, U.S.A., INC. PROPERTY TAX SECTION P.O. BOX 7611 SAN FRANCISCO, CALIFORNIA 94120 0. LOUIS WILLE FRANCIS LYNETTE WILLE 200 WEST MAIN STREET ASPEN, COLORADO 81611 r ETHEL MC CABE FRED PEARCE P.O. BOX 531 ASPEN, COLORADO 81612 LOUISE H. SAUREL 152 EAST 81st. STREET NEW YORK CITY, NEW YORK 10028 J.E. ABELS ', P.O. BOX 4707 ASPEN, COLORADO 81612 EWALD H. CROSBY ROSA GITTMAN 325 SOUTH FOREST STREET DENVER, COLORADO 80222 MARY ESHBAUGH HAYS, TRUSTEE P.O. BOX 497 ASPEN, COLORADO 81612 DRACO, INC. 210 NORTH MILL STREET ASPEN, COLORADO 81611 TERESE LOUISE DAVID ESTATE c/o KITTY PIERRETTE SHERWIN PER. REP. 7017 ARANDALE ROAD BETHESDA, MARYLAND 20817 CITY OF ASPEN CITY HALL ASPEN, COLORADO 81611 COUNTY OF PITKIN PITKIN COUNTY COURT HOUSE ASPEN, COLORADO 81611 LOTS R, S, BLK 73 LOTS P, Q, BLK 73 LOTS N, 0, BLK. 73 LOTS H, I, BLK. 73 UNITS 1 & 2, MONARCH NORTH CONDOS LOTS E, F, G, BLK. 73 LOTS C, D, BLK 73 METES AND BOUNDS, 7-10-84 LOTS L, M, BLK 73 NAME.AND ADDRESS BR,.;, LEGAL DESCRIPTION LEWIS I. SCHAINUCK 3805 SANDUNE LANE CORONA DEL MAR, CALIFORNIA 92625 FIRST ASPEN CORPORATION P. 0. BOX 3318 ASPEN, COLORADO 81612 JAMES E. MOORE ALBERTA L. MOORE P.O. BOX 707 ASPEN, COLORADO 81612 KATHARINE THALBERG P.O. BOX 2766 ASPEN, COLORADO 81612 THE FORGE PARTNERSHIP P.O. BOX 3159 ASPEN, COLORADO 81612 NIKLAUS G. KUHN GERTRUD E. KUUN P.O. BOX 8016 ' ASPEN, COLORADO 81612 SVEA PROPERTIES P.O. BOX 1949 ASPEN, COLORADO 81612 WILLIAM L. BEAUMONT FLORENCE R. BEAUMONT P.O. BOX 4695 ASPEN, COLORADO 81612 LA COCINA, INC. P.O. BOX. 4010 ASPEN, COLORADO 81612 DUANE R. JOHNSON MARGARET W. JOHNSON 1116 E. CINNABAR AVENUE PHOENIX, ARIZONA 85020 ASPEN BANCORP, INC. 119 SOUTH MILL STREET ASPEN, COLORADO 81611 HODGE CAPITAL COMPANY 1505 BRIDGEWAY BOULEVARD SAUSALITO, CALIFORNIA 94965 r ALL CONDO UNITS, r MILL MAIN CONDOS Ell LOT L, LOTS M,N,O,P,Q,R,S, BLK. 86 LOTS F, G, H, I, BLK. 74 LOTS D,E, BLK. 74 LOTS R, S, BLK. 74 LOT A, W11 LOT B, BLK. 80 E31 LOT B, LOTS C, D AND LOTS G, H, I BLK. 80 LOT K, BLK. 80 LOTS M, N, BLK. 80 LOT 0, BLK. 80 LOTS, P,Q,R,S, BLK 80 LOTS A, B, C, BLK. 87 AND LOT D NAME A:ID ADbRESS BR___ LEGAL DESCRIPTION JESSE J. MADDALONE ESTHEI: M. MADDALONE THE FIRST NATIONAL BANK OF GRAND JUNCTION TRUSTEES 2265 TANGLEWOOD ROAD GRAND JUNCTION, COLORADO 81503 MARJORIE P. JENKINSON P.O. BOX 483 ASPEN, COLORADO 81612 M & W ASSOCIATES 434 EAST COOPER STREET ASPEN, COLORADO 81611 METHODIST CHURCH 200 N ASPEN ASPEN, COLORADO 81611 WILLIAM L. SEGUIN P.O. BOX 2067 ASPEN, COLORADO 81612 TRUEMAN ASPEN COMPANY 4355 DAVIDSON ROAD AMLIN, OHIO 43002 e" LOTS, E, F, G, H, I, BA. 87 LOTS L, 11, N, BLK. 87 LOT K, BLK 87 LOTS A, B, BLK. 73 THE SEGUIN BUILDING CONDOS all units LOT 1, TRUMAN NEIGHBORHOOD COMMUNITY PROJECT STREET n,!• ASPEN CITY r3 _ r9 LIMIT 4 03 r 4p,Ir�,NI 1 • S 6 I 1 TUX 0I37I11OTr SMUGGLER I AIS t i r STREET ab � S ' • S Z inr*I � /6 1 w•1: s'a'L E. F 9..�.._ e•L. a: 3 ft pt 9 l b. Al Fq 4 11 ', 111 TRUEMAN NEIGHBORHO, �• Jj,, 17Sz COMMERCIAL PROJECT 6 N 14 14 0'SG 1 rx. 1" I r "LL41, r . 1 •3 (�,�, ,,�1. STgEET �)• ., h 65 13) T:1yB C•• hfe�r ? r " 16 6. r� BLEEKER �F. - YA� ., � ,�.%,••r• r�'!' `'ti•.. STREET as�1 �• • low rou j' rw— \ �. LADry Is ON ,. � � mow' • C •+• .fit �• �� L utr � , k r+ar• ,; ro; ip 0 2 SOS, � .s :f ? r� ? " '• ' +rl •1' ltfiM'��i. ' .__... - �'j. c• +•� 444jN �y � _��16 GKIIQta•l�hCh STq ,+ f . 19 i �e o AJm�'•SIOA 10 Q Sr v ct HOPKr 4-." •-°.Q • 9115 JAI a 4eC :C ! 4vENlt a+tvr ol. " Qom. �1 3/ .L�r. lit IC10 / .a yy` r I- ®T "�e� I ria. AVRar_ kIr P. I hereby certify that on this ' 1 day of 198(,-, a true and correct copy of the attached Notice of ! ublic Hearing was det)osited in the United States mail, first-class posi-ace n_ r.Pnai d. to the adjacent property owners as indicated on tile attached list of adjacent property owners which was supplied to the Plannaing Office by the applicant in regard to the case named on the public notice. Nancy Crell;, PUBLIC NOTICE RE: HOTEL JEROME PUD AMENDMENT Parcel ID #2737-073-21-001 NOTICE IS HEREBY GIVEN that a public hearing will be held on June 3, 1986, to begin at 5:00 P.M. before the Aspen Plannin and Zoning Commission, in City Council Chambers, 130 S. Galena Street, Aspen, Colorado, to consider a request by the Hotel Jerome Limited Partnership to amend the previously granted Hotel Jerome FUD. The property is located at the northwest corner of Main and Mill Streets in Aspen, Colorado. For further information, contact the Aspen/Pitkin Planning Office, 130 S. Galena Street, Aspen, Colorado 81611 (303) 925- 2020, ext. 223. s1C Welton Anderson Chairperson, Aspen Planning and Zoning Commission Published in the Aspen Times on May 8, 1986. City of Aspen Account. N.31 PUBLIC NOTICE RE: HOTEL JEROME PUD AMENDMENT PHASE II: THE ADDITION NOTICE IS HEREBY GIVEN that a public meeting will be held on June 23, 1986, at a meeting to begin at 5: 00 P.M. before the City Council of Aspen, Colorado, at the Community Center on Lone Pine Road in Aspen, to consider a request by the Hotel Jerome Limited Partnership to amend the previously granted Hotel Jerome PUD. The property is located at the northwest corner of Main and Mill Streets in Aspen, Colorado. For further information, contact the Aspen/Pitkin Planning Office, 130 S. Galena Street, Aspen, CO 81611 (303) 925-2020, ext . 223. s /Wil1 iam L. Stirling Mayor, City Council of Aspen, Colorado Published in the Aspen Times on June 23, 1986. City of Aspen Account. PUBLIC NOTICE RE: HOTEL JEROME PUD AMENDMENT Parcel ID #2737-073-21-001 NOTICE IS HEREBY GIVEN that a public hearing will be held on June 3, 1986, to begin at 5:00 P.M. before the Aspen Plannin and Zoning Commission, in City Council Chambers, 130 S. Galena Street, Aspen, Colorado, to consider a request by the Hotel Jerome Limited Partnership to amend the previously granted Hotel Jerome PUD. The property is located at the northwest corner of Main and Mill Streets in Aspen, Colorado. For further information, contact the Aspen/Pitkin Planning Office, 130 S. Galena Street, Aspen, Colorado 81611 (303) 925- 2020, ext. 223. s1C Welton Anderson Chairperson, Aspen Planning and Zoning Commission Published in the Aspen Times on May 8, 1986. City of Aspen Account. N.31 130 S. � E , ..; A •AMPM COLORADO 81611 TO SkNO[A ADDRESSEE UNKNOW14 "V'7 Mr. & Mrs. William Beaumont Box 4695 Aspen, CO 81612 O JUN 9 U1986 • —�— _ w- �_ zi unr CITY/COUNTY PL.^ vNIN3 OFT- ..�F, 130 S. (GALENA A9PEN, COLORADO •1611 City of Aspen City Hall Aspen, CO 81.611 o JUN 9 1986 8iat\ USA vr GITY/COUNTY PLANNING OFFICE I JO 3. ,SALENA Alai, COLORADO 81611 County of Pitkin Pitkin County Court House Aspen, CO 81611 JUN 9 0 ` FM 8986\ ASMK COLOAADQ 4,V-1 mAYDi 1986 ONE D WILLIAM & FLORENCE BEAUMONT 7w �i P.O. BOX 4695 ASPEN, CO 81612 ME MORANDU M TO: City Attorney City Engineer Aspen Water Department Aspen Consolidated Sanitation District Fire Marshall Zoning Enforcement Official FROM: Steve Burstein/Alan Richman, Planning Office RE: Hotel Jerome PUD Amendment - Phase II DATE: May 5, 1986 Attached for your review is an application submitted by Perry Harvey on behalf of his client Hotel Jerome Limited Partnership, requesting an amendment to their previously granted PUD. Please refer to the attached materials for details. Please return your comments to the Planning Office no later than May 15 in order to give this office adequate time to prepare for its presentation before the Planning Commission. Thank you. fk A iA'01 C&tV--- T. Richard Butera April 28, 1986 To Whom It May Concern: This letter is to notify the Aspen Planning Office that Perry Harvey is the authorized representative to make the application for the amended P.U.D. on behalf of the owners of the Jerome Hotel. TRB/mt General Partner Hotel Jerome Limited Partnership /-/-029- Date 1450 Crystal Lake Road, Aspen, Colorado 81611 303/925-8900 PITKIN COUNTY TITLE, Inc. Title Insurance Company 601 E. Hopkins Aspen, Colorado 81611 (303) 925-1766 CERTIFICATE OF TITLE Pitkin County Title, Inc., a duly licensed Title Insurance Agent in the State of Colorado hereby certifies that the owner in fee simple of the following described property is hereby vested in: PLEASE REFER TO EXHIBIT "A" ATTACHED HERETO Legal Description of subject property: PLEASE REFER TO EXHIBIT "B" ATTACHED HERETO Subject to the following: PLEASE REFER TO EXHIBIT "C" ATTACHED HERETO Certified this 16th day of April , 1986 PITKIN COUNTY TITLE, INC. 601 E. HOPKINS ASPEN, COLORADO 81611 BY: AUTH D SIGNATURE EXHIBIT "A" TITLE VESTING FEE: MARKETING CORPORATION OF AMERICA, a Connecticut Corporation as to Parcel A THE HOTEL JEROME LIMITED PARTNERSHIP, a Connecticut Limited Partnership as to Parcel B LEASEHOLD: THE HOTEL JEROME LIMITED PARTNERSHIP, a Connecticut Limited Partnership, as to the Leasehold Estate created by that certain Lease by Marketing Corporation of America, a Connecticut Corporation (Landlord) and Jerome Place Limited Partnership, a Connecticut Limited Partnership (Tenant) as evidenced by Memorandum of Lease Agreement, recorded June 7, 1985 in Book 487 at Page 499, said lease providing for a term of 15 years, commencing on June 6, 1985 and ending on June 6, 2000, as to Parcel C. NOTE: The name of Jerome Place Limited Partnership, a Connecticut limited partnership was changed pursuant to Amended Change of Name Application for Registration of a Foreign Limited Partnership to the Colorado Secretary of State to The Hotel Jerome Limited Partnership. EXHIBIT "B" LEGAL DESCRIPTION PARCEL A: LOTS A,B,C,D,E,F,G,H,I,O,P,Q,R,S, and the East 20 feet of Lot N, BLOCK 79, CITY AND TOWNSITE OF ASPEN, together with the East 170 feet of the Alley in said Block 79. EXCEPTING THEREFROM all that real property consisting of the structural improvements and appurtenances, including basements, foundations and fixtures located upon said land. PARCEL B: All that real property consisting of the structural improvements and appurtenances including basements, foundations and fixtures, but not including the land or subsurface located upon the following described property: LOTS A,B,C,D,E,F,G,H,I,O,P,Q,R,S, and the East 20 feet of Lot N, BLOCK 79, CITY AND TOWNSITE OF ASPEN, together with the East 170 feet of the Alley in said Block 79. PARCEL C: A LEASEHOLD ESTATE created by that certain Net Ground Lease by and between Marketing Corporation of America, a Connecticut Corporation, as Landlord, and Jerome Place Limited Partnership, as Tenant, dated June 6, 1985, a memorandum of which was recorded June 7, 1985 in Book 487 at Page 499, in and to the following described real property: LOTS A,B,C,D,E,F,G,H,I,O,P,Q,R,S, and the East 20 feet of Lot N, BLOCK 79, CITY AND TOWNSITE OF ASPEN, together with the East 170 feet of the Alley in said Block 79, but not including Lots A through I. EXCEPTING THEREFROM all that real property consisting of the improvements, including basements and foundations located upon said land. COUNTY OF PITKIN, STATE OF COLORADO. EXHIBIT "C" TITLE EXCEPTIONS 1. Taxes due and payable. 2. Reservations and exceptions as contained in the Deed(s) from the City of Aspen providing as follows: that no title shall be hereby acquired to any mine of gold, silver, cinnabar or copper or to any valid mining claim or possession held under existing laws and subject to all the conditions, limitations and restrictions contained in Section 2386 of the Revised Statutes of the United States, in Deed(s) of record. 3. Right of way or easements appertaining to the vacated alley portion of Block 79, City and Townsite of Aspen for the continued use of existing sewer, gas, water or similar pipelines and appurtenances, anf for any and all ditches or canals and appurtenances, and for any and all electric, telephone and similar lines as reserved in Ordinance No. 1 (series of 1951) not of record, copy of the signed Ordinance contained in the files of Pitkin County Title, Inc. 4. Terms, conditions and restrictions as contained in Notice of Historic District Designation recorded January 13, 1975 in Book 295 at Page 515 and in instrument recorded April 30, 1982 in Book 425 at Page 904. 5. Terms, conditions, restrictions and provisions as contained in the Planned Unit Development Agreement Hotel Jerome -Renovation and Addition instrument recorded May 10, 1983 in Book 444 at Page 750, and the Map of the Hotel Jerome, Renovation and Addition Final Planned Unit Development Plat recorded in Plat Book 14 at Page 88, and Ordinance No. 5 (series of 1983) rezoning the Hotel Jerome to CC?PUD recorded May 17, 1983 in Book 445 at Page 81. 6. The effect, if any, of the terms, conditions, provisions, obligations and other matters as contained in Lease by and between Marketing Corporation of America, a Connecticut Corporation (Landlord), and Jerome Place Limited Partnership, a Connecticut Limited Partnership (Tenant), said lease evidenced by Memorandum of Lease Agreement, recorded June 7, 1985 in Book 487 at Page 499, said lease providing for a term of 15 years, commencing on June 6, 1985 and ending on June 6, 2000. 7. Deed of Trust from : to the Public Trustee for the use of to secure dated recorded reception No. 8. Deed of Trust from : to the Public Trustee for the use of to secure dated recorded reception No. The Hotel Jerome Limited Partnership and Marketing Corporation of America of the County of Pitkin The Bank of New York $6,000,000.00 September 16, 1985 September 17, 1985 in Book 495 at Page 228 271473 Marketing Corporation of America of the County of Pitkin Jerome Hotel Company, a Michigan $500,000.00 June 6, 1985 June 7, 1985 in Book 487 at Page 268768 limited partnership 553 ----CONTINUED---- EXHIBIT "C" CONTINUED 9. Deed of Trust from : Marketing Corporation of America, a Connecticut Corporation and Jerome Place Limited Partnership, a Connecticut limited partnership to the Public Trustee of the County of Pitkin for the use of Jerome Hotel Company to secure $1,100,000.00 dated June 6, 1985 recorded June 7, 1985 in Book 487 at Page 545 reception No. 268767 Above Deed of Trust assigned to The Bank of Aspen, by instrument recorded April 4, 1986 in Book 508 at Page 410. NOTE: Items 8 and 9 above Subordinated to the lien of the Deed of Trust in Item 7 by instrument recorded September 17, 1985 in Book 495 at Page 277. NOTE: This certificate does not include any security instruments securing the personal property contained within the subject property. 7lled far *word at Ilab e•eleck P.M. Beweubat 11. ilia Seeeotlas Breer 131,076 ►ow r. Coble, Baaseder ' r 1NiiA04:, DINT CIAIIA oM fou-teeneth r. y . 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CiT7 AND 70NNa ITs or ASp". together with the vacated last 170 feet of the alley in Said Block 79, County of , ►ltkin, state of Colorado. ...� �.'� _ .... _ r"«......�..r.....N .. ,.. �..r ...,...., .....ram . ,.. ..... bar ....r ...�..._.... ....- .. _ .» _...�.." .. _... veal.+... r.....�"..i'�.' :.: �:...^. ..._....- ._. . BlObert Bernard II..r y •.. .� ...... r...r.... r. ^.... r. y November a .. wrt•tir+erd .,... J ..... ••• -'• (NfallCe alrael►.ld ..... r r . . ,. .. . .. ......_.. �.._.. _-.. � veers a.raacd... ...• IgrCe lob CO ae.e w-- .. w......... • r .... rr ►~i r� Yw ■e....■.1 r/1�"rr ... • r...rr.... ...- _ .�.. ,.. r Boren MtMrd . rr ■..., .N ... r LOar1a►M Grrllee r .. rw ' ..#■1 rr...r bowa,e Y L Bow" N` Tons Dv► Ira, er baleen iVfA r. 9LISMt One"gr ritkin r jOM Y. CILBDAS 4iftblean ate' �� t(�l To ea tom Ili tY.0 1.,*-r r , Irrl lever ameand er adar ftr sly bed aft awe ad e ft Is de �+ Yala ��Me Loa lettered A, C. Beet 20 feet of lot cel.cy. C..leredo, a tb*'W l Ord ..#Otis: ►ull4ind aitueted tl 11 eM an eNNeNOft ad Md. ft rirek dOL WON, w der eaawarwblerrll.rl wlugs &Mwone a,., ar Miea. her L,. esr SOsell lbw y r e—mm atheal 0"e-ft 14 1. bet ardusle, wrft a menswa a b r ate► below e- Md = ban. r..r ernemde.....r. Taxes for I.ae b.to■; and paid by the *ran. Od 1ho 4be bamr.e e-meas r e h 16 b" ad sere ape to eW ewe Dee( dr no am Ba kililrtil eitmmat, r e Md Md vaV rpoo we r �1\MOMOYI NO F. Ill .n. =f ICY y A. ■w • ' T • a+e MW. K w+Ir� CITY', OF 130 south galena street aspen, colorado 81611 303-925-2020 MEMORANDUM DATE: April 4, 1986 TO: Steve Burstein Perry Harvey Andy Hecht FROM: City Attorney RE: Hotel Jerome PUD Agreement Attached for your review and comment is a draft of the First Amended PUD Agreement for the Hotel Jerome. PJT/mc Attachment t a5)�.`.�. • r��iw FIRST -AMENDED -PLANNED UNIT -DEVELOPMENT -AGREEMENT HOTEL JEROME-=-RENOVATION AND ADDITION THIS AGREEMENT, made and entered into this ....... day of , 1986, by and between the CITY OF ASPEN, COLORADO, a municipal corporation and home rule city (here- inafter referred to as "City"), and HOTEL JEROME LIMITED PARTNER- SHIP (hereinafter referred to as "Owner"), W I T N E S S E T H: WHEREAS, Owner owns that real property and the building situ- ated thereon, commonly known as the "Hotel Jerome", more particu- larly described as follows: Lots A, B, C, D, E, F, G, H, I, 0, P, Q, R, S and the East 20 feet of Lot N, Block 79, together with the East -_ OaQ�_ feet of the vacated alley in said Block 79, City and Townsite of Aspen, County of Pitkin, State of Colorado; and WHEREAS, the Owner's predecessor in title, JOHN F. GILMORE, submitted to the City for approval, execution and recording a Final Planned Unit Development (P.U.D.) Plat pertaining to the development of that project known as the "Hotel Jerome - Renova- tion and Addition" (hereinafter referred to as the "Initial Pro- ject"); and WHEREAS, Owner's predecessor in title entered into a Planned Unit Development Agreement with the City for said initial project, entitled "Planned Unit Development Agreement - Hotel Jerome - Renovation and Addition", dated April 20, 1983, recorded in Book 444, Page 750, Pitkin County Clerk and Recorder's Office; and WHEREAS, pursuant to an application dated November 29, 1985, which application and all representations set forth therein are hereby incorporated by reference, Owner submitted to the City an application to revise the initial project into two phases as fol- lows: - Phase I: Renovation of the existing building, commonly known as the Hotel Jerome, pursuant to Building Permit Application CosuoJ �-,,Iy IS, li f ) and Building Permit No.780g ------- which renovation was completed and a certificate of occupancy issued therefor on or about , 1986. - Phase II: An addition to the currently existing and reno- vated Hotel Jerome, as defined and described on the plat for the initial project or, at the option of the applicant, an amendment thereto to be presented and approved by the City in accordance with the procedures for amending and/or revising a PUD plan set forth in Section 24-8.26 of the Municipal Code of the City of Aspen, Colorado; and WHEREAS, City and Owner desire to amend the agreement pertaining to the initial project dated April 20, 1983, to reflect a phasing into Phases I and II as well as various matters set forth below (hereinafter this agreement will be referred to as "First Amended Agreement") . WHEREAS, vending an application for amendment, City and Owner desire to amend the agreement pertaining to the initial project, 2 dated April 20, 1983, to reflect a phasing into Phase I and II as hereinabove described as well as various matters set forth below into one comprehensive agreement (hereinafter this agreement will be referred to as "First Amended Agreement") ; and WHEREAS, the City is willing to approve this First Amended „kjr t;����"~ Agreement upon the representation of Owner that a plat will be r � Thy f 5=h+neNl/. filed on or before June 1, 1986, meeting the approval of the City Engineer, which plat will accurately reflect presently existing Phase I; WHEREAS, the City has imposed conditions and requirements in connection with its approval of applicant's request to phase the project as hereinabove described, and, to the extent not specific- ally superceded by this First Amended Agreement the parties desire to reaffirm the initial agreement as necessary to protect, promote and enhance the public health, safety and welfare; and WHEREAS, under the authority of Section 20-16(c) and Section 24-8.1 et_seg., of the Municipal Code of the City of Aspen, the City is entitled to assurances that the matters hereinafter set forth and agreed to will be faithfully performed by Owner; and WHEREAS, Owner is willing to enter into such agreement(s) with and to provide such assurance(s) to the City. NOW, THEREFORE, in consideration of the premises, the mutual covenants herein contained, it is agreed as follows: 1. AMENDED AGREEMENT AND PHASING. City and Owner agree that to the extent that matters are specifically addressed herein, this agreement shall supercede and amend that Planned Unit Devel- 3 opment Agreement Hotel Jerome - Renovation and Addition, dated April 20, 1983, recorded in Book 444 at Page 750, Office of the Pitkin County Clerk and Recorder. Further, to the extent not specifically superceded and addressed in this agreement, the par- ties desire to reaffirm all matters set forth in said agreement. 15 \' Owner agrees that on or before June ✓t, 1986, Owner shall submit to City an amended PUD plat reflecting the existing renovation of the Hotel Jerome which plat shall comply with all applicable require- ments, the City of Aspen subdivision and PUD regulations. In addition, it is contemplated that applicant will sub- mit another application pursuant to Section 24-8.26(b) to amend Phase II on or before August 1, 1986, which application and the approvals therefor shall be subject to all the requirements, terms and conditions of the City of Aspen subdivision and PUD regula- tions in effect and such other laws, rules or regulations as are or may become applicable. In the event that an application to amend the plat to reflect an amendment to Phase II as currently provided for in the initial project for Phase II is not made on or before August 1, 1986, the plat for the initial project, as amended, to reflect Phase I as hereinbelow provided, shall constitute the development I. approvals pertaining to the property. 2. SIDEWALKS, _CURB AND GUTTER. With regard to the provi- sions for sidewalks, curb and gutter, as set forth in Paragraph "1", of the initial agreement, City acknowledges that owner has constructed a new sidewalk along Main Street frontage and has (or 4 will by June 1, 1986) repair the existing sidewalks on Mill Street and shall maintain said sidewalks along Main Street and Mill Street in accordance with the sidewalk and improvements site plan, dated annexed hereto and incorporated here- in as Exhibit "A". Provisions for sidewalks along Monarch and Bleeker Streets (6-foot minimum width) , together with curb and gutter, all as reasonably determined by the City Engineer, shall be installed in accordance with the landscape plan submitted in connection with the original agreement. 3. LANDSCAPING IMPROVEMENTS. The landscaping for Phase I shall substantially conform to the landscape plan appearing on Exhibit "A" annexed hereto. Landscaping shall occur no later than 3t�f°re�t, 1986. The current estimated cost for such landscaping improvements with regard to Phase I as agreed by the City Engineer c,lAl-` is calculated to be A detailed land- scaping plan shall be submitted on or before August 15, 1986, reflecting landscaping improvements, the fair market value of which shall not be less than $50,000.00 as determined by the City Engineer, which plan shall be fully implemented on or before July 1, 1987. 4. EMPLOYEE HOUSING. With reference to Paragraph "6 of the Initial Project" and as a further inducement to the City to approve phasing into two phases as set forth in this First Amended Agreement, Owner has agreed to and does hereby confirm and acknow- ledge its obligation to provide housing for employees of the pro- ject, as required by the Code and regulations of the City of 5 Aspen, or its designee, in connection with the prj/e�ct. With J regard to Phase I Owner hereby agrees that Rooms No. in the hotel annex, as such rooms are described on the plat annexed hereto, shall be and hereby are restricted exclusively to use as dormitory employee housing under and in accordance with such City of Aspen employee housing use, occupancy, rental and sales price guidelines as may be in effect and applicable from time to time, sufficient to house _4-__-__— employees of the project and restricted to a maximum occupancy of one ( 1 ) employee per bedroom. Such rooms shall be used solely by hotel employees, and verification of an employee's employment qualifications shall be accomplished by the City of Aspen, or its designee, prior to and as a condition of occupancy of any of the above identified rooms. Said rooms shall not be utilized by any person whose use and occupancy thereof is not verified as set forth above. The dedication and covenants contained herein shall be deemed a burden upon and to run with the title to the project and shall be binding upon the Owner and Owner's successors and assigns and upon all other persons or entities having any right, title or interest in or to the project (or bedrooms) or any part thereof, and shall inure to the benefit of and be specifically enforceable by the City of Aspen or its designee by appropriate legal action, includ- ing injunction, abatement or eviction of non -complying tenancies, all for a period of fifty (50) years from the date of recording hereof in the Pitkin County Clerk and Recorder's Office. Neither this dedication nor any of the covenants contained herein shall be aq modified, released or waived in any respect except by written instrument executed by both Owner or its sucessors or assigns and the City of Aspen, Colorado, and duly recorded in the Pitkin County Clerk and Recorder's Office. Further, Owner represents and warrants that any and all persons, firms or entities having any lien, encumbrance or interest in the Cortina Lodge have consented to the employee housing dedication and restrictions herein, and that this agreement shall not be recorded in the office of the Pitkin County Clerk and Recorder nor shall the approvals granted herein take effect without the written consent of any such per- son. With regard to the requirement for employee housing in connection with Phase II, City acknowledges that such employees may be housed off -site and that, upon the filing in the office of the Pitkin County Clerk and Recorder of proper deed restrictions therefor meeting the approval as to form by the City Attorney, units at the Cortina Lodge, Aspen, Colorado, may be used as a credit for such housing requirements. In this regard, prior to the issuance of a certificate of occupancy for Phase II of the project and as a condition precedent thereto, Owner agrees to and shall provide for use by hotel employees a minimum of fifteen (15) `lI ii 1 rn fo 4Pew"I off -site employee bedrooms, deed restricted to City employee hous- ing rental and sale price, qualification and occupancy guidelines in effect at the time such bedrooms are so provided, which bed- rooms shall be in income categories, sizes, configurations ( including facilities and amenities) and locations as may be 7 acceptable to the City (or its designee, which may be the Aspen/ Pitkin Housing Authority), by constructing new deed restricted units or by purchasing existing free market units and converting them to deed restricted "employee housing status". Further, the \ Owner shall have the right to substitute other off -site employee �1 bedrooms for some or all of the fifteen (15) off -site bedrooms initially provided, so long as (i) the location, size and config- uration of such substitute bedrooms is acceptable to the City of Aspen or its designee, as reflected by resolution of the City Council, (ii) the minimum number of acceptable employee bedrooms required by the initial agreement and this agreement remains available at all times, and (iii) the same deed restrictions are imposed upon the substitute units prior to occupancy of the sub- stitute units. Upon the completion of said substitution as above required, the City shall release the deed restrictions upon those off -site bedrooms which have been replaced with substitute bed- rooms. Further, should the Owner secure more than fifteen (15) off -site employee bedrooms, Owner's on -site employee bedroom requirement shall be reduced exactly by the number of off -site units in excess of fifteen (15), in accordance with the procedures hereinabove set forth, including approval by resolution of the City Council. Further, should the Owner, at the time of the certifi- cate of occupancy for Phase II of the project, not have provided all of the required fifteen (15) off -site employee housing bed- rooms, Owner shall, prior to the issuance of the certificate of 1.1 occupancy for Phase II and as a condition precedent thereto, cove- nant and restrict that number of bedrooms within Phase II of the project necessary to cover any shortfall in the off -site housing requirements, which temporary restricted bedrooms must meet the same City employee housing guidelines as Owner's off -site would have been required to meet under the terms hereof, and which tem- porary restricted bedrooms shall thereafter be released from said covenants when Owner does provide the required number of off -site employee bedrooms in the manner above required. The deed restriction and covenant restriction and release forms shall be approved as to form by the City Attorney prior to recordation. 5. PARKING. With regard to the parking provisions of Para- graph "7" and specifically with regard to Phase I, Owner hereby agrees that thirty-one (31 ) on -site parking spaces, designated on Ehxibit "A" shall be and hereby are designated as parking spaces. With regard to Phase II, it is anticipated that Owner may apply for an on -site parking program to accommodate the parking needs of the project. Thus, as a condition of any approval granted with respect to Phase II, Owner may provide such on -site parking spaces in accordance with a plan specifically approved by City or, if such parking plan is not approved in accordance with the required procedures, as set forth in Paragraph 7 of the initial project with regard to the financing, design, construction, operation and maintenance of a four hundred (400) vehicle parking structure. In the event that an on -site parking plan is approved, the parties E shall enter into an amended agreement with regard to Phase II, which agreement shall reflect that Paragraph 7 of the initial agreement is no longer operative with regard to the obligations of either Owner or City. 6. RATIFICATION OF REPRESENTATIONS. Owner hereby ratifies and confirms each and every representation made and set forth by Owner in its application dated November 27, 1985, hereunder and presentations made in connection therewith Planning and Zoning Commission and City Council. Except to the extent specifically superceded, the terms, conditions and obligations set forth in the original agreement dated April 20, 1983, shall continue in full force and effect and shall govern the implementation of this agreement. ATTEST: Kathryn S. Koch, City Clerk APPROVED AS TO FORM: Paul J. Taddune, City Attorney CITY OF ASPEN, COLORADO By--------------------------------- William L. Stirling, Mayor 10 OWNER: HOTEL JEROME LIMITED PARTNERSHIP, a Connecticut Limited Partnership By Western Properties Invest- ments, Inc., General Partner By................................. T. Richard Butera, President STATE OF COLORADO ) ss. County of Pitkin ) The foregoing instrument was acknowledged before me this ------- day of ---------------------------- 01 1986, by William L. Stirling as Mayor and Kathryn S. Koch as City Clerk of the City of Aspen, Colorado. WITNESS MY HAND AND OFFICIAL SEAL. My commission expires: -------------------------------- Notary Public Add --------------------------------- ress STATE OF COLORADO ) ss. County of Pitkin ) The foregoing instrument was acknowledged before me this --------- day of --------------- --, 1986 by T. Richard Butera. WITNESS MY HAND AND OFFICIAL SEAL. My commission expires: 1E -------------------------------- Notary Public ------------------------------- Address CITY OF. ASPEN 130 south galena street aspen, colorado 81611 303-925-2020 MEMORANDUM DATE: February 21, 1986 TO: City Manager City Engineer Planning Director FROM: City Attorney RE: Hotel Jerome - First Amended PUD Agreement Ca FEB 2 4 1y6b Annexed for your review and comment is a proposed First Amendment to the Planned Unit Development Agreement Hotel Jerome - Renova- tion and Addition dated April 20,1983. Also attached for the Manager only is a copy of the existing PUD agreement. The attached is a complete revision to the draft presented by Andy Hecht. We have decided that the best practice to avoid confusion in the future is to incorporate all revisions into one comprehen- sive agreement (i.e. First Amended Planned Unit Development Agree- ment Hotel Jerome - Renovation and Addition). Please note the following features incorporated into the attached draft: * The agreement reflects a transfer of the project property from John F. Gilmore to Hotel Jerome Limited Partnership, a Con- necticut Limited Partnership (apparently Western Properties Investments, Inc., of which Dick Butera is the President, is the general partner. I will verify this with Andy Hecht.) * The agreement retains, to the extent applicable, the find- ings set forth in the whereas clauses of the original agreement. * The agreement reflects that the project has been broken down into Phase I (the currently existing renovated Hotel Jerome) and Phase II (the application for which is to be submitted at some later date) . Paragraph 2 provides that an application for the amendment to reflect Phase II be submitted no later than a date to be determined (i.e. blank not filled in) and that the PUD plat will be deemed vacated if Phase II is not approved by said date. IN THIS REGARD, I REQUEST INPUT FROM THE PLANNING OFFICE AS TO WHETHER ANY APPROVALS PREVIOUSLY GIVEN TO THE PROJECT ARE IN JEOPARDY BY VIRTUE OF ALLOTMENT EXPIRATION DATES, ETC. Memorandum Re: Hotel Jerome PUD February 20, 1986 Page Two * To the extent applicable, the language pertaining to the parking structure has been retained. In this regard, I would appreciate the City Manager's detailed analysis with regard to the parking structure provisions, and whether, in his opinion, they should be refined or modified. * We have attempted to address the current site improvements plan, landscaping considerations, etc. I REQUEST THAT THE ENGI- NEERING DEPARTMENT AND PLANNING OFFICE SCRUTINIZE THESE PROVISIONS WITH RESPECT TO WHAT HAS BEEN APPROVED. * A new provision has been inserted holding the applicant to all representations made throughout the course of the application process (see Paragraph 17). We would appreciate input from the entire staff as quickly as convenient before the document is presented to Andy Hecht. PJT/mc Attachments 1E cc: Building Department FIRST -AMENDED -PLANNED -UNIT -DEVELOPMENT -AGREEMENT HOTEL JEROME _ RENOVATION AND ADDITION ' v THIS AGREEMENT, made and entered into this ------- day of ---------- 1986, by and between the CITY OF ---------------- ASPEN, COLORADO, a municipal corporation and home rule city (here- inafter as"City"), inafter referred t and HOTEL JEROME LIMITED PARTNER- SHIP (hereinafter referred to as "Owner"), \ W I T N E S S E T Fi: 1 WHEREAS, Owner owns that real property and the building situ- ,. ated thereon, commonly known as the "Hotel Jerome", more particu- V�1�°,2 �3�larly described as follows: k +'C Lots A, B, C. D, F, F, G, H, I, 0, P, Q, R, S and the East 20 feet of�Lot Nf Block 79, C,�SCIiPti,ni%nRM�r,Pi�t�/N+r together with the East 170.78 feet of the �� rlAaw*t,�ie,,t TrticfT�It��r�. �-30-$1 vacated alley in said Block 79, City and Townsite of Aspen, County of Pitkin, State of Colorado; and WHEREAS, the Owner's predecessor in title, JOHN F. GILMORE, submitted to the City for approval, execution and recording a Final Planned Unit Development (P.U.D.) Plat pertaining to the development of that project known as the "Hotel Jerome - Renova- tion and Addition" (hereinafter referred to as the "Initial Pro- ject"); and .� WHEREAS, Owner's predecessor in title entered into a Planned Unit Development Agreement with the City' for said initial project, entitled "Planned Unit Development Agreement - Hotel Jerome - Renovation and Addition", dated April 20, 1983, recorded in Book 444, Page 750, Pitkin County Clerk and Recorder's Office; and WHEREAS, pursuant to an application dated November 29, 1985, which application and all representations set forth therein are hereby incorporated by reference, Owner submitted to the City an application to revise the initial project into two phases as fol- lows: - Phase I: Renovation of the existing building, commonly known as the Hotel Jerome, pursuant to Building Permit Application and Building Permit No. which renovation was completed and a certificate of occupancy issued therefor on or about 1986. �---!----) I---------------- Phase II- An addition to the currently existing and reno- vated Hotel Jerome, to be presented to the City for approval in accordance with the procedures for amending and/or revising a PUD plan set forth in Section 24-8.26 of the Municipal Code of the City of Aspen, Colorado; and WHEREAS, pending an application for amendment, City and Owner desire to amend the agreement pertaining to the initial project, ls� dated April 20, 1983, to�Sreflect a phasing into teas �I and II as hereinabove described r� cfa pr, rrsi��r vl Ydd2s�,t� - \/' i ( hereinafter this agreement will be referred to as "First Amended Agreement") ; and WHEREAS, by this First Amended Agreement, the City and Owner desire to Cm.� rid--afld-'supp n`e reaffirm the following findings: 1. The subject property is located within an area of the City zoned CC -Commercial Core. 2. In considering the proposed development site and pro- posed improvements, the City has found that the area of the pro- posed PUD is (or was prior to Phase I) substantially covered by a deteriorated building of historic significance; that the develop- ment area has (or prior to the implementation of Phase I had) a faulty layout in relation to adequacy, accessibility and useful- ness; the development area coat irk d potentially unsafe condi- tions; the development areay,Y" a site and improvements subject to further deterioration unless the Planned Unit Development is car- ried out; and that prior to Phase I the development area contained conditions that potentially endangered life and property by fire or other causes. 3. At the time of the initial project, the condition of the PUD area substantially impaired the sound growth and future poten- tial economic health of the City of Aspen and was a potential menace to the public health, safety and welfare unless the planned development was carried out. 4. In considering the proposed development site and pro- posed improvements, the City found prior to the initial project and hereby does find the following: That the area of the proposed PUD prior to Phase I had a predominence of buildings and improve- ments that were delapidated, deteriorated and deteriorating, aging and obsolescent; that the area had conditions that potentially endangered the life or property by fire and other causes and was, on the whole, potentially detrimental to public health, safety and welfare of the City of Aspen unless the planned development was carried out. 5. Phase of the project el iminate approx imately,�ark- ing spaces from the parking lot behind the Hotel Jerome --p a r k i-ng—spaces aloe-ker--and—Merin—St-r-eets�and the development —IT jt> of approximately 75,000 square feet of new space the renova- tion in Phase I of commercial space will generate the need for additional parking and other municipal improvements in the loca- tion and vicinity of the development and elsewhere in the downtown area, especially after Phase II is implemented. 6. The downtown Aspen area is presently in need of parking and other physical improvements and the proposed development of Phase II will add significantly and impermissibly to these needs if the development of Phase II does not support such municipal improvements. 7. The development of Phase II ( including the development LAO CD of a contemplated ehicle municipal parking structure and related necessary public improvements) was and remains necessary to prevent the urban blight, potential slum conditions and associated public health, welfare and safety problems described above; and WHEREAS, the Owner stipulates and agrees to the foregoing findings and acknowledges that the proposed development, related municipal improvements and potential blight and slum conditions are inextricably interrelated; and WHEREAS, the City is willing to approve this First Amended G Agreement upon the representation of t Owner that an application '�o amend the plat currently recorded will be presented on or before __!__, 1986, to conform the plat to -4+ QA6t1V1_ I-pPV,�+N\ accurately reflect presently existing Phase I^and to identify and reflect amendments necessitated by Phase II, which amendmentSshal'l be subject to all the requirements, terms and conditions of the City of Aspen subdivision and PUD regulations now in effect, and ' such other laws, rules and regulations as are or may become applicable with respect to Phase II; and WHEREAS, the City has imposed conditions and requirements in connection with its approval of applicant's request to phase the project as hereinabove described, and, to the extent applicable, desires to reaffirm those matters set forth in the initial agree- ment as are necessary to protect, promote and enhance the public health, safety and welfare; and WHEREAS, under the authority of Section 20-16(c) and Section 24-8.1 et_seg., of the Municipal Code of the City of Aspen, the City is entitled to assurances that the matters hereinafter set forth and agreed to will be faithfully performed by Owner ; and WHEREAS, Owner is willing to enter into such agreement(s) with and to provide such assurance(s) to the City. NOW, THEREFORE, in consideration of the premises, the mutual covenants herein contained, it is agreed as follows: 1. AMENDED AGREEMENT AND PHASING. The parties agree that this agreement shall supercede and amend that Planned Unit Devel- opment Agreement Hotel Jerome - Renovation and Addition, dated Y �?�� .� office of the . April 20, 1983, recorded in Book 444 at Page 750, Pitkin County Clerk and Recorder. Owner agrees that on or before 1 , 1986, Owner shall submit to City an -- .? all application for an amended PUD to reflect the existing renovation of the Hotel Jerome as Phase I, ar�asldi�rY se I4 pursuant to Section 24-8.26(b) of the Municipal Code of the City of Aspen, which application and the approvals therefor shall be subject to all the requirements, terms and conditions of the City of Aspen subdivision and PUD regulations in effect and such her laws, rules and regulations as are or may become applicable. n the event that application is not made within the time provided ,v and approved or before _ , the plat for the initial pro- '-'l j ect�'' Isthdrwn t5 �-th . 1 nt _ ._those with regard to Phase I as here inbelow—proavid-ed-: �u. cAF-� Sidewalkst curb_and_gutter. Owner has constructed a new sidewalk along the Main Street frontage and has (or will by J 1 v 1 986) , repair the existing sidewalks on ------------------------- Mill Street, and shall maintain said sidewalks along Main Street and Mill Street in accordance with the sidewalk and improvements site plan, dated --------------------------, annexed hereto and incorporated herein n,E4hibit "A". Landscaping_imorovements. In accordance with Section 24-8.16 of the Municipal Code, required landscaping for Phase I 1 'CJ V shall substantially conform to the landscape plan appearing on Exhibit "A" annexed hereto. Landscaping shall occur no later than 5une Mc The current estimated cost for such ----------------------------- landscaping improvements with regard to Phase I is agreed by the City Engineer to be -------------------------- vU A ti, t,�` a �-li'� 1 •t ��S �� fiY'1 i �.c�.{n� V J 6 s��l lee -�ul IJ �t dA oZ if ojl aptt�L<, 5 � lam, ✓��l�s � ��,� �.-��,s � � qZ O'-t- N/� Vp--,w� �nL/4ln�. regardless of the stage of completion of landscape improvements described in Paragraph /above. Owner also agrees to deliver to the City, upon demand therefor by the City Engineer, a maintenance bond or other suit- able guarantee for the repair or replacement of any existing muni- cipal improvements damaged during construction of new improve- ments. Furthermore, Owner hereby agrees to and does hereby war- ranty all such improvements to accepted standards of good workman- ship for a period of one (1) year after the acceptance thereof in writing by the City. In addition to this warranty, the Owner shall obtain from his contractors customary warranties of good workmanship with the City as beneficiary, with respect to all -- ----11__ improvements required by Paragraphs It is the express understa) nding of the parties that the 1 procedures set forth in Paragraph of this agreement regarding non-compliance shall not be required with respect to the enforce- ment and implementation of the financial assurances set forth %,, herein and required by Section 20-16 (c) of the Municipal Code. r _ T n th event Phase II is of be onstructed, the �ne� ee th t it wi ex nd 1 st�50,b .00 o t �/�' ur se 15 f o n 45 mployee_housina. As an inducement to the City to approve phasing into two phases as set forth in this First Amended Agreement, Owner has agreed to and does hereby acknowledge its obligation to provide housing for employees of the project, as V/1- required by the Code and regulations of the City of Aspen, or its lam✓ � ..�ti�` designee, in connection with the project. With regard to Phase I t' is r toI(- Owner hereby agrees that bedrooms numbered ------------------- in the hotel annex, as such bedrooms are described on the plat I�cpn - A _.._, use as low income employee housing under and in accordance with such City of Aspen low income employee housing use, occupancy rental and sales price guidelines as may be in effect and applic- or cr VP y �, able from time to time. Said bedrooms shall be and hereby are restricted to a maximum occupancy of ---1-employee per bed- room, with first priority to be given at all times to em loyees of the Hotel Jerome in operation from time to time on the lands encompassed by the above -referenced PUD. Verification of an employee's income and employment qualifications shall be accom- plished by the City of Aspen, or its designee, prior to and as a condition of each employee's occupancy of one of the above identi- fied bedrooms. The dedication and covenants contained herein shall be deemed a burden upon and to run with the title to above - identified bedrooms shall be binding upon the Owner and its suc- cessors and assigns and upon all other persons or entities having any right, title or interest in or to the building (or bedrooms) or any part thereof, and shall inure to the benefit of and be specifically enforceable by the City of Aspen or its designee by appropriate legal action, including injunction, abatement or e�ic- tion of non -complying tenancies, all for a period of ) years from the date of recording hereof in the Pitkin County Clerk and Recorder's Office. Neither this dedication nor any of the covenants contained herein shall be modified, released or waived in any respect except by written instrument executed by both the Owner or its successors or assigns and the City of Aspen, Colo- rado, and duly recorded in the Pitkin County Clerk and Recorder's Off ice. With regard to the requirement for employee housing in connection with Phase II, City ack/nowle ges that such employees �C i'7'� !'I " `-` •C)��! LL �'IL." �i t��ti ��� ..L� c6a h�,YLL(� `"I,� may be housed off -site and that, uponnproper deed restrictions therefor meeting the approval as to form by the City Attorney, units at the Cortina Lodge, Aspen, Colorado, may be used as a credit for such housin�requirements. NOTE -� usef the employeeits solely byJhotel emploees - Each of the bedrooms are at /1,est180 square eet in size and shall be used lely by hotel emyees, and s all deliver o the City an I appropriate writ,t5�a coven �t cover ng such bedrooms in a form approved bJ y th�l City �t rn e table for record' Parkinq. With regard to Phase I, Owner hereby agrees \��`ti `� V that they on -site parking spaces, designated on th a rr ed __ n shall be and hereb are designated as parking spaces. l7 1 s 9rLL fmFft c , 61'` L' -, *f=f� -tom- 7ALjIN With regard to Phase II,�Owner acknowledges that as a condition of approvals previously granted in connection with the initial project is the requirement that the Owner provide sixty (60) off -site parking spaces. Thus, as a condition of any approval granted with respect to Phase II, Owner acknowledges that the City may require that sixty (607V sit narking spaces 1be r ye r � � � t in nnection with Phase II in the manner hereinafter c rcd described. If required as a condition of approval to Phase II, Owner agrees to participate with the City in the financing, design, construction, operation and maintenance (including neces- sary capital expenditures) of a four hundred -vehicle parking 4oF 0n5i structure on the Rio Grande Property, to the extent of sixty (60 ) spaces for hotel guests and employees. At such time as the City undertakes the construction of this structure, Owner agrees to participate proportionately (based on the need for sixty (60)- spaces) in the financing, design, construction, operation and maintenance ( including necessary capital expenditures) of the parking garage aspect thereof, such financial participation to be in the form described below: A. Owner's proportionate share of the cost of con- structing the parking structure shall be determined by multiplying a fraction, the numerator of which is sixty (60) and the denomina- tor of which is the total number of parking spaces to be con- structed, times the portion of the total construction cost (including financing costs which may include capitalized interest on bonds, reserve funds and bond issuance costs, design, pre -con- struction and construction costs) , which is directly related to the parking garage aspect of such structure. Owner shall, and as a condition to the approval of Phase II, agreee--Co finance and pay or such share of the construction cost and to evidence and secure such obligation in the following manner: 1. No later than sixty ( 60 ) days following the issuance of a building permit for the construction of Phase II, Owner shall deliver to the City in the form of cash or certified funds the sum of One Hundred Thousand Dollars ($100,000.00) as a downpayment on such share. If no building permit for a parking garage has been issued prior to the date of this downpayment, the City shall promptly escrow such funds in an interest bearing account with all interest earned thereon to accrue to the credit of Owner and be applied to "the balance of Owner's share" in cal- culating the original principal amount of the below -described ,.promissory note until the d'tae of issuance of a building permit for the parking structure, on which date this escrow shall be terminated and all funds remaining therein shall be delivered to the City. Futher, in consideration of Owner's agreement to participate (and Owner's actual participation) in the cost of the financing, design, construction, operation and maintenance (including necessary capital expenditures) of a municipal parking structure, City agrees that if a certificate of occupancy is issued for Phase II before a certificate of occupancy is issued for the parking structure, the City shall provide interim parking in the following manner: (a) City shall, in the interim, if any, between the occupancy of Phase II and the occupancy of the parking garage provide for Owner's use and operation fifteen (15) desig- nated parking spaces at the existing Rio Grande lot and forty-five (45) unassigned spaces at the existing golf course lot. The right -- to any such spaces shall expire upon the issuance of a cert i f icat of occupancy for the above -referenced parking garage. The right to any spaces in the Rio Grande lot after the issuance of a build- ing permit for the parking garage shall be subject to availabil- ity, which may be limited by the construction of the parking 9 garage, and City shall make up at the golf course lot any such spaces which are lost from the Rio Grande lot. During such interim period, Owner shall be responsible for maintaining ade- quate liability insurance covering all such spaces and for the operation of all such spaces and for the storage and retrieval of J�rg'�clf course lotwehicles and/or passengers and hotel guests i and for the supervision of hotel vehicles in the Rio Grande lot by whatever administrative means (e.g. shuttle buses, etc.) Owner deems appropriate. City shall, however, be responsible for keep- ing the necessary portions of both lots clear of snow. Owner shall and hereby does indemnify City from and against any and all claims or liabilities for personal injury or property damage arising out of Owner's use of such parking spaces except those claims caused by City's negligence or intentional acts. 1 (b) The rental market value of the sixty (60) �rspaces is stipulated to be Two Thouand Eight Hundred Twelve Dol- lars and 50/100 ($2,812.50) per month (such value based on present monthly cost for parking space rental within the City of Aspen at Seventy-five Dollars ($75.00) for downtown spaces and Thirty -Seven Dollars and 50/100 ($37.50) for non -downtown spaces). ( c) During any period prior to the issuance of a building permit for the parking structure that the Owner is using the City -provided parking spaces, the City shall draw from the escrow account the amount of Two Thousand Eight Hundred Twelve Dollars and 50/100 ($2, 81 2. 50 ) per month in compensation for the allowed use of the sixty (60) spaces. (d) From and after the date of issuance of a building permit for the parking structure ( and if such permit is issued within two years of the issuance of a certificate of occu- pancy for Phase II) the delivery to the City of the escrowed downpayment funds and promissory note shall be deemed compensation in full for any further use by owner of the sixty (60) interim parking spaces, and all amounts previously withdrawn from the escrow shall be credited back to Owner in determining the "balance ;C� of Owner' s share" for purposes of calculating the principal amount of the promissory note described in Paragraph __ below. 2. The "balance of Owner's share" shall be repre- sented by Owner's promissory note to the City as holder which note shall be dated, executed and deposited into escrow with the City as of the date of execution of this agreement by all parties here- i to. The note shall be delivered out of escrow to the City and i become a debt (i .e . "its effective date" shall be) on the date of the issuance of a building permit for the construction of the parking garage or sixty (60) days following the date of issuance of a building permit for Phase II, whichever date occurs later. The note shall be in a form identical to that attached hereto as 1 ~� Exhibit "C" and bearing simple interest (which interest rate may be variable) at the same interest rate(s) as the City's (or other issuing authority's) bond issue rate(s) under Paragraph hereof and reciting an eighteen percent (18%) default interest rate and payable in consecutive monthly installments of principal and interest in such amounts as are necessary to cover principal of, redemption premiums, if any, and interest on the City's (or other issuing authority's) bond(s) ( including refunding bond(s) , if any) , and other obligations of the issuer pursuant to the bond ordinance, resolution or indenture and over the same period of time as the City's (or other issuing authority's) bond(s) (includ- ing refunding bond(s) under Paragraph hereof, commencing on the first day of the calendar month following the month in which the Note is delivered with all remaining principal and accrued interest being due and payable with the final monthly payment. To the extent permitted by the bond issuing authority and subject to such limitations and requirements as may be imposed by such auth- ority at the time of the issuance of the bond(s) , said Note shall be prepayable in any amount at any time and from time to time without penalty or notice and shall be assignable by City to any bond issuing authority. .�!lAh .�?.yr4M ••. 3. As security for said note, Owner hereby cove- nants and agrees that from and after the date of delivery to the City of said Note, and continuing for so long as any portion of said Note remains unpaid, Owner shall collect as part of the daily room rental for all rental rooms at the hotel project (i.e. Phase I and Phase II) not deed restricted to employee housing a "trans- portation charge" in the minimum amount of Five Dollars ($5.00) per day on every room rental, and shall maintain a separate and accurate accounting of the revenues generated thereby. Owner shall and hereby assigns and pledges to City such transportation charge revenues as collateral for Owner's performance of its pro- missory note obligations and agrees to remit to the City each month the portion of such transportation charge revenues necessary to retire that month's Note installment obligation. So long as any portion of said Note remains unpaid, Owner shall maintain a "transportation revenues reserve account" in a responsible banking institution containing sufficient funds to pay one (1) monthly Note installment olDligation in advance, but shall otherwise be free to utilize such other transportation 'charge revenues for its own purposes unless and until such time as City finds it necessary to exercise its collateral pledge rights in the event of Owner's default in the performance of its promissory note obligations. In the event Owner shall ever be late in paying a monthly Note installment obligation to the City, City shall have the right to demand that Owner increase the amount held in such reserve account to cover three (3) monthly Note installment obligations in advance. Owner agrees to comply with such demand and thereafter to maintain the reserve account at the three (3) month level. City shall have the right to examine all records necessary to audit the transportation charge accounting and the related reserve account at any reasonable time or times. The foregoing pledge shall be assignable by City to any bond issuing authority. 4. Owner further agrees that the subject promis- sory note shall contain a provision to the effect that in the /3 event that controlling interest in the project ( i .e . Phase I and Phase II) is transferred from Owner to a third person or persons (by sale, foreclosure, operation of law, or otherwise), while said Note remains unpaid, the City shall have the right (but not the obligation) to declare the entire remaining balance of said Note —_`�mmediately#due and payable as of the effective date of such transfer. 5. Should the City fail to obtain a building per- mit for the construction of a parking structure within two (2) years of the issuance of a certificate of occupancy for Phase II, Owner shall have the right and option to implement an alternative plan for the provision of the required sixty (60) parking spaces or to demand that the City negotiate, in good faith, a long-term lease (no less than fifteen (15) years) for the sixty (60) parking spaces on the Rio Grande and golf course parking lots. In this event, any balance in the funds escrowed pursuant tot5_k [ _ ii nk(`� (being principal plus accrued interest minus monthly rental pay- ments made) shall be credited to Owner in any new lease arrange- ment or refunded to it if an alternative parking plan is adopted and, in either case, the escrowed promissory note shall be rede- livered to and cancelled by Owner. B. In addition, Owner shall be responsible for its propor- tionate share of the annual cost, expense and necessary capital expenditures of operating, maintaining and repairing the parking =garage aspect of the parking garage sttucture following its comple- tion. Owner hereby further assigns and pledges unto City the "transportation charge" revenues allocated from time to time by Owner pursuant to ParagraphSA_ _ above as collateral for Owner's performance of its obligation to pay. A proportionate share of such annual operational, maintenance and repair costs, expenses and necessary capital expenditures. The foregoing pledge shall be assignable by the City to any garage operating authority. C. In consideration of the above -described financial participation and subsequent operational cost -sharing, Owner shall be entitled to the perpetual use and enjoyment of a defined block of sixty (60) parking spaces in the structure, free of parking fees. Should the City deem it appropriate to condominiumize the parking spaces in the parking structure, City shall deed to Owner its sixty (60 ) spaces together with its proportionate undivided interest in appurtenant general common elements. 6. Tax -increment _financing_and/or_industrial _ development_ bond_ financing. Owner shall and hereby consents to City' s (or other governmental or quasi -governmental entity or non-profit cor- poration) issuance, if possible, of a tax increment bond(s), or other type of bond, in at least the amount of the balance of Owner's share of the parking structure construction cost (includ- ing design, pre -construction and construction costs and financing costs such as capitalized interest costs, if any, reserve funds and bond issuance costs) , the proceeds of which bond(s) may be applied by the City to the construction of the subject parking structure and for any other lawful improvement project. Such bond(s) shall bear simple interest at a rate(s) to be determined by the issuer shall be retirable over a period of not more than twenty-five (25) years (or other lawful term), and shall be secured by a pledge by the City (or other issuing authority) of the increase in real property taxes and/or sales tax assessed to the capital Hotel Jerome property which will occur as a normal consequence of the renovation (Phase I) and expansion (i.e. Phase II) contemplated by this Agreement (or by other lawful security available to the City or other issuing authority) . However, the bonding itself will cause no additional taxes or other charges to be imposed upon Owner other than the above -referenced "balance of Owner's share", and the consent of Owner provided for herein shall not be interpretted as a consent to any form of special assessment district that would result in an increase in the real property taxes being levied upon the hotel property. iS City will, of course, be reimbursed on a continuing basis for its bond retirement obligations relating to the project's share of the parking structure by the monthly installment payments being made by Owner under the above -described promissory note. Owner further agrees that if Owner has, in fact, decided to proceed with the development of Phase II, Owner sham se its best efforts to cooperate with the City (or other governmental or quasi -governmental entity) in the issuance and sale of any indus- trial development bonds in connection with the financing of the parking structure, so long as Owner's participation, if necessary, and any such industrial development bonding effort complies with all applicable laws and restrictions. 7. Planter encroachments. Owner agrees to obtain such approvals and/or licenses as may be necessary with respect to planters which encroach into public sidewalks, prior to the issu- ance of a building permit for such planters. 8. Periodic prolect_reviews. Owner agrees that every six (6) months following the date of final City approval of Phase II until the construction thereof is complete, Owner will meet with the City Planning Office for the purpose of informing the Planning Office as to Owner's progress in developing Phase II pursuant to the terms and provisions of approval and the appropriate amendment to this agreement. If the Planning Office deems it necessary, the Planning Office will report to the City Planning and Zoning Com- mission on the outcome of one or more of these meetings. The Owner and City recognize that these meetings are not opportunities for the Owner to avoid complying with the requirements of this agreement but are for the purpose of providing progress reports and developing mutually acceptable solutions to any problems that may be encountered during the construction period. 9. Permanent_care_and_maintenance_of-landscaping. Owner agrees that it shall be the perpetual responsibility of Owner or Owners from time to time of the above -referenced Hotel Jerome pro- /6 perty to maintain, care for, and replace when necessary all trees, shrubs, plants, and other landscaping features which may be planted in connection with or otherwise incorporated pursuant to the landscape plan appearing on Exhibit ------- hereto, or other- wise submitted as part of an approved final plat. 10. Owner shall occupy the project open space (i.e. the exterior patio and pool areas shown on the landscape plan for such uses as may from time to time be deemed appropriate by Owner, pro- vided that such occupancy and uses shall at all times be in com- pliance with the then applicable provisions of the Municipal Code of the City of Aspen. Owner agrees that it shall be the perpetual responsibility of the Owner or Owners from time to time of the above -referenced Hotel Jerome property to maintain in a clean and attractive condition and in a good state of repair all such open space contained within the project. 11. Compliance and request_for amendments-or_extensions_by__ Owner. In the event that the City Council determines that the Owner is not acting in substantial compliance with the terms of this agreement, the City Council may issue and serve upon the Owner a written order specifying the alleged non-compliance and requiring the Owner to cease and desist from such non-compliance and rectify the same within such reasonable as the City Council may determine. Within twenty (20) days of the receipt of such order, the Owner may file with the City Council either a notice advising the City Council that it is in compliance or a written petition requesting a hearing to determine any one or both of the 17 following matters: ( a) Whether the alleged non-compliance exists or did exist, or (b) Whether a variance, extension of time or amendment to this First Amended Agreement should be granted ^with respet to any such non-compliance which is determined to exist. Upon the receipt of such petition, the City Council shall promptly schedule a hearing to consider the matter set forth in the cease and desist order and in the petition. The hearing shall be convened and conducted pursuant to the procedures nor- mally established by the City Council for other hearings. If the City Council determines by a preponderance of the evidence that a on exists which has not been remedied, it rryy issue / such orders as may be appropriated; provided, however, no order terminating any approval granted herein shall be granted without a finding of the City Council that substantial evidence warrants such action in affording the Owner a reasonable time to remedy such non-compliance. A final determination of non-compliance which has not been remedied or for which no variance has been granted shall, at the option of the City Council, and upon written notice to the Owner, terminate any of the approvals contained herein. 12. Notice. Notice to be given to the parties to this agreement shall he deemed given is personally delivered or if deposited in the United States Mail to the parties by registered or certified mail at the addresses indicated below, or at such other addresses as may be substituted upon written notice by the parties or their successors or assigns: City of Aspen: City Manager 130 South Galena Street Aspen, Colorado 81611 Copy to: Garfield & Hecht 601 East Hyman Avenue Aspen, Colorado 81611 Owner: Hotel Jerome Limited Partnership c/o Dick Butera Aspen Real Estate Associates 520 East Durant, suite 204 Aspen, Colorado 81611 13. Applicable_ law. This agreement shall be subject to and construed in accordance with the laws of the State of Colorado and the Municipal Code of the City of Aspen. 14. Severability. If any of the provisions of this agree- ment or any paragraph, sentence, clause, phrase, word or section or the application thereof in any circumstances is invalidated, such invalidity shall not affect the validity of the remainder of this First Amended Agreement and the validity of any such provi- sion, paragraph, sentence, clause, phrase, word or section under any other circumstances shall not be affected thereby. 15. Incorporation_ of recitals. The City and Owner hereby stipulate and agree that the recitals preceding this First Amended Agreement are part of this agreement and are to be deemed incor- porated herein as though fully set forth. 16. Entire_agreement;_amendment. This First Amended Agree- ment and all exhibits attached hereto and/or documents, reports and applications incorporated by reference, contains the entire understanding and agreement between the parties herein with respect to the transactions contemplated hereunder and may be altered and amended from time to time only by written instrument executed by -each of the parties hereto. 17. Re resentations. i I ATTEST: i I - Kathryn S. Koch,City Clerk APPROVED AS TO FORM: Look up in AML PUD Agreement. CITY OF ASPEN, COLORADO By---------- William L. Stirling , Mayor Paul J. Taddune, City Attorney 1'E � � N�� 11 �<i ' . ,• ; N��iL C. �' � 1 {z' � � � �? �.� Cl,-1 �.rL,• /y OWNER: HOTEL JEROME LIMITED PARTNERSHIP, a Connecticut Limited Partnership By Western Properties Invest- ments, Inc., General Partner By----------- ------- ------------ T. Richard Butera, President STATE OF COLORADO ) ss. County of Pitkin ) The foregoing instrument was acknowledged before me this day of _ _ _ _ _ _ -----, 1986, by William L. Stirling as Mayor and Kathryn S. Koch as City Clerk of the City of Aspen, Colorado. WITNESS MY HAND AND OFFICIAL SEAL. My commission expires: Notary Public Address STATE OF COLORADO ) ss. County of Pitkin ) The foregoing instrument was acknowledged before me this -------- day of ----------------- --------, 1986 by T. Richard Butera. WITNESS MY HAND AND OFFICIAL SEAL. My commission expires: ------------------------------ ------------------ Notary Public -------------------------------- Address NOTE - we should see the limited partnership documents so that we can verify that Butera has authority to sign. 5C, 1E Owner anticipates the construction of Phase II will commence no later than ---------- and be completed no later than ------------------�i, F�inancial_Assurances. In order to secure the perfor- mance of the construction and installation of the improvements described in Paragrapher hundred and-3 above, and to guarantee one percent (100%) of the current estimated cost of such improvements agreed by the City Engineer to be ----------- Owner shall guaran- �ttee, by site draft oKletter of commitment or credit from a finan- cially responsible lender (either or both to be irrevocable until the construction is completed), that funds in the amount of such estimated costs are held by it for the account of Owner for the construction and installation of the above -described improvements. Said guarantee shall be delivered to the City prior to the issu- ance to Owner of a building permit for the project, shall be in a form acceptable to the City Attorney and the City Manager, and shall give the City the unconditional right, upon default by the Owner, to withdraw funds upon demand, to partially or fully com- plete and/or pay for any of such improvements or pay any outstand- ing bills for work done thereon by any party, with any excess guarantee funds applicable to additional administrative or legal --costs associated w4 any such default and the repair of any detezioration in improvements already constructed. As portions of the required improvements are completed, the City Engineer shall inspect them, and upon approval and written acceptance, tie shall authorize the release from the guarantee delivered by Owner of the agreed estimated cost for the portion of the improvements except that ten percent (10%) of the estimated cost shall be withheld until all proposed improvements !rage completed and approved by the i City Engineer- Provided, that the withheld ten percent ( 10 % ) which relates to the improvements described in Paragraphs 1 and 2 above shall be released by City upon completion and approval by the City Engineer of all such Paragraph 1 and 2 improvements and N J� Owner anticipates the construction of Phase II will commence no later than and be completed no later than ------------------ AFinancial Assurances. In order to secure the perfor- mance of the construction and installation of the improvements 1 described in Paragraph and above, and to guarantee one hundred 100� of the current estimated cost percent ( ) of such im rovgments b »fir 0 I d : ,,J ( agreed by the City Engineer to be ---------- Owner shall guaran- ��tee, by site draft 0� letter of commitment or credit from a finan- cially responsible lender (either or both to be irrevocable until the construction is completed), that funds in the amount of such estimated costs are held by it for the account of Owner for the construction and installation of the above -described improvements. Said guarantee shall be delivered to the City prior to the issu- ance to Owner of a building permit for the project, shall be in a form acceptable to the City Attorney and the City Manager, and shall give the City the unconditional right, upon default by the Owner, to withdraw funds upon demand, to partially or fully com- plete and/or pay for any of such improvements or pay any outstand- ing bills for work done thereon by any party, with any excess guarantee funds applicable to additional administrative or legal costs associated wit any such default and the repair of any deterioration in improvements already constructed. As portions of the required improvements are completed, the City Engineer shall inspect them, and upon approval and written acceptance, tie shall authorize the release from the guarantee delivered by Owner of the agreed estimated cost for the portion of the improvements except that ten _percent ( 1 0 % ) of the .estimated cost shall be withheld until all proposed improvements trap completed and approved by the City Engineer S Provided ;, that the withheld ten percent ( 1 0 % ) which relates to the improvements described in Paragraphs 1 and 2 above shall be released by City upon completion and approval by the City Engineer of all such Paragraph 1 and 2 improvements and J� regardless of the stage of completion of landscape improvements described in Paragraph kabove. Owner also agrees to deliver to the City, upon demand therefor by the City Engineer, a maintenance bond or other suit- able guarantee for the repair or replacement of any existing muni- cipal improvements damaged during construction of new improve- ments. Furthermore, Owner hereby agrees to and does hereby war- ranty all such improvements to accepted standards of good workman- ship for a period of one (1) year after the acceptance thereof in writing by the City. In addition to this warranty, the Owner shall obtain from his contractors customary warranties of good workmanship with the City as beneficiary, with respect to all improvements required by Paragraphs Z ►'r'Ih, It is the express understanding of the parties that the II procedures set forth in Paragraph of this agreement regarding non-compliance shall not be required with respect to the enforce- ment and implementation of the financial assurances set forth herein and required by Section 20-16 (c) of the Municipal Code. Jill T ( T - n th� event Phase II is Rot be canstruc_ ted , the n r 0 0 J theur se f ee th t it wi ex nd 1 st �$50, bQq�./�' Employee_housing. As an inducement to the City to approve phasing into two phases as set forth in this First Amended Agreement, Owner has agreed to and does hereby acknowledge its obligation to provide housing for employees of the project, as required by the Code and regulations of the City of Aspen, or its - 4designee, in connection with the project. With regard to Phase I �'�'{, Lt Owner hereby agrees that bedrooms numbered -------------------► in htI �A<<1r^"` rjer'v) n� the hotel annex, as such bedrooms are described on the plat tYOrv` q�`IcO annexed hereto, shall be and hereby are restricted exclusively to // ,\ ,t use as low income employee housing under and in accordance with ?,V } such City of Aspen low income employee housing use , ,-occupancy,,' rental and sales price guidelines as may be in effect and applic-r - _et 4Ai n � V able from time to time. Said bedrooms shall be and hereby are restricted to a maximum occupancy of _--1employee per bed- room, with first priority to be given at all times to em loyees of the Hotel Jerome in operation from time to time on the lands encompassed by the above -referenced PUD. Verification of an employee's income and employment qualifications shall be accom- plished by the City of Aspen, or its designee, prior to and as a condition of each employee's occupancy of one of the above identi- fied bedrooms. The dedication and covenants contained herein shall be deemed a burden upon and to run with the title to above - identified bedrooms shall be binding upon the Owner and its suc- cessors and assigns and upon all other persons or entities having any right, title or interest in or to the build inq (or bedrooms) or any part thereof, and shall inure to the benefit of and be specifically enforceable by the City of Aspen or its designee by appropriate legal action, including injunction, abatement o ic- tion of non -complying tenancies, all for a period of - ) years from the date of recording hereof in the Pitkin County Clerk and Recorder's Office. Neither this dedication nor any of the covenants contained herein shall be modified, released or waived in any respect except by written instrument executed by both the Owner or its successors or assigns and the City of Aspen, Colo- rado, and duly recorded in the Pitkin County Clerk and Recorder's Office. With regard to the requirement for employee housing in connection with Phase II, City acknowleyges that such employees I ! may be housed off -site and that, upon proper deed restrictions r• therefor meeting the approval as to form by the City Attorney, units at the Cortina Lodge, Aspen, Colorado, may be used as a �NOTedit for such housinlrequirements. E -�usef the employee units solely by hotel emplo ees - Each of the bedrooms are at least 180 square Feet in sizeI�and shall be used llely by hotel em oyees, and s all deliver o the City an �Yv r „ (� 7 1 I � c �t appropriate writ,te _oven cover ng such bedrooms in a form approve by th City t me e table for record'jp 4Parking. With regard to Phase I, Owner hereby agrees \` `v 31 ----- l� l '6 ` that the Aon-site parking spaces, designated on th a ed _ designated as spaces. shall be and hereb are parking A'� T `I c7 s R At"'i'+s , c�i �T a *f�' TAP- ALv oL ­ tT_- r'- „u With regard to Phase IIPwner acknowledges that as a condition of approvals previously granted in connection with the initial project is the requirement that the Owner provide sixty (60) off -site parking spaces. Thus, as a condition of any approval granted with respect to P�iase II, Owner acknowledges that iA 1�r 6*J r `rM,MI the City may require that sixty (60) -sit parking space's be f� i /� A � 5 in connection with Phase II in the manner hereinafter C rtd described. If required as a condition of approval to Phase II, pir �hdtr Owner agrees to participate with the City in the financing, design, construction, operation and maintenance (including neces- s ary capital expenditures) of a four hundred -vehicle parking 40. P��'• structure on the Rio Grande Property, to the extent of sixty (60 ) spaces for hotel guests and employees. At such time as the City undertakes the construction of this structure, Owner agrees to participate proportionately (based on the need for sixty (60)- spaces) in the financing, design, construction, operation and maintenance ( including necessary capital expenditures) of the parking garage aspect thereof, such financial participation to be in the form described below: A. Owner's proportionate share of the cost of con- structing the parking structure shall be determined by multiplying a fraction, the numerator of which is sixty (60) and the denomina- tor of which is the total number of parking spaces to be con- structed, times the portion of the total construction cost (including financing costs which may include capitalized interest on bonds, reserve funds and bond issuance costs, design, pre -con- struction and construction costs) , which is directly related to the parking garage aspect of such structure. Owner shall, and as a condition to the approval of Phase II, agree -to finance and pay �T for such share of the construction cost and to evidence and secure such obligation in the following manner: 1. No later than sixty ( 60 ) days following the issuance of a building permit for the construction of Phase II, Owner shall deliver to the City in the form of cash or certified funds the sum of One Hundred Thousand Dollars ($100,000.00) as a downpayment on such share. If no building permit for a parking garage has been issued prior to the date of this downpayment, the City shall promptly escrow such funds in an interest bearing account with all interest earned thereon to accrue to the credit of Owner and be applied to "the balance of Owner's share" in cal- culating the original principal amount of the below -described -promissory note until the d'tae of issuance of a building permit for the parking structure, on which date this escrow shall be terminated and all funds remaining therein shall be delivered to the City. Futher, in consideration of Owner's agreement to participate (and Owner's actual participation) in the cost of the financing, design, construction, operation and maintenance (including necessary capital expenditures) of a municipal parking structure, City agrees that if a certificate of occupancy is issued for Phase II before a certificate of occupancy is issued for the parking structure, the City shall provide interim parking in the following manner: (a) City shall, in the interim, if any, between the occupancy of Phase II and the occupancy of the parking garage provide for Owner's use and operation fifteen (15) desig- nated parking spaces at the existing Rio Grande lot and forty-five (45) unassigned spaces at the existing golf course lot. The right '-- to any such spaces shall expire upon the issuance of a certificat of occupancy for the above -referenced parking garage. The right to any spaces in the Rio Grande lot after the issuance of a build- ing permit for the parking garage shall be subject to availabil- ity, which may be limited by the construction of the parking garage, and City shall make up at the golf course lot any such spaces which are lost from the Rio Grande lot. During such interim period, Owner shall he responsible for maintaining ade- quate liability insurance covering all such spaces and for the operation of all such spaces and for the storage and retrieval of th�(� U�. d hotel golf``f6/ course lot vehicles and/or passengers an guests r and for the supervision of hotel vehicles in the Rio Grande lot by whatever administrative means (e.g. shuttle buses, etc.) Owner deems appropriate. City shall, however, be responsible for keep- ing the necessary portions of both lots clear of snow. Owner shall and hereby does indemnify City from and against any and all claims or liabilities for personal injury or property damage arising out of Owner's use of such parking spaces except those claims caused by City's negligence or intentional acts. (b) The rental market value of the sixty (60 ) (,.spaces is stipulated to be Two Thouand Eight Hundred Twelve Dol- lars and 50/100 ($2,812.50) per month (such value based on present monthly cost for parking space rental within the City of Aspen at Seventy-five Dollars ($75.00) for downtown spaces and Thirty -Seven Dollars and 50/100 ($37.50) for non -downtown spaces). (c) During any period prior to the issuance of a building permit for the parking structure that the Owner is using the City -provided parking spaces, the City shall draw from the escrow account the amount of Two Thousand Eight Hundred Twelve Dollars and 50/100 ($2, 81 2. 50) per month in compensation for the allowed use of the sixty (60) spaces. (d) From and after the date of issuance of a building permit for the parking structure (and if such permit is issued within two years of the issuance of a certificate of occu- pancy for Phase II) the delivery to the City of the escrowed downpayment funds and promissory note shall be deemed compensation in full for any further use by owner of the sixty (60) interim parking spaces, and all amounts previously withdrawn from the escrow shall be credited back to Owner in determining the "balance .� v of Owner's share" for purposes of calculating the principal amount of the promissory note described in Paragraphs L. below, 2. The "balance of Owner's share" shall be repre- sented by Owner's promissory note to the City as holder which note executed and deposited into escrow with the City ' as of the date of execution of this agreement by all parties here- to. The note shall be delivered out of escrow to the City and become a debt (i .e . "its effective date" shall be) on the date of the issuance of a building permit for the construction of the parking garage or sixty (60) days following the date of issuance of a building permit for Phase II, whichever date occurs later. 1 The note shall be in a form identical to that attached hereto as Exhibit "C" and bearing simple interest (which interest rate may be variable) at the same interest rate(s) as the city's (or other issuing authority's) bond issue rate(s) under Paragraph hereof and reciting an eighteen percent (18%) default interest rate and payable in consecutive monthly installments of principal and interest in such amounts as are necessary to cover principal of, redemption premiums, if any, and interest on the City' s (or other issuing authority's) bond(s) ( including refunding bond(s), if any) , and other obligations of the issuer pursuant to the bond ordinance, resolution or indenture and over the same period of time as the City' s (or other issuing authority's) bond(s) (includ- ing refunding bond(s) under Paragraph 6hereof, commencing on the first day of the calendar month following the month in which the Note is delivered with all remaining principal and accrued interest being due and payable with the final monthly payment. To the extent permitted by the bond issuing authority and subject to such limitations and requirements as may be imposed by such auth- ority at the time of the issuance of the bond(s), said Note shall be prepayable in any amount at any time and from time to time without penalty or notice and shall be assignable by City to any bond issuing authority. vM 3. As security for said note, Owner hereby cove- nants and agrees that from and after the date of delivery to the City of said Note, and continuing for so long as any portion of said Note remains unpaid, Owner shall collect as part of the daily room rental for all rental rooms at the hotel project (i.e. Phase I and Phase II) not deed restricted to employee housing a "trans- portation charge" in the minimum amount of Five Dollars ($5.00) per day on every room rental, and shall maintain a separate and accurate accounting of the revenues generated thereby. Owner shall and hereby assigns and pledges to City such transportation charge revenues as collateral for Owner's performance of its pro- missory note obligations and agrees to remit to the City each month the portion of such transportation charge revenues necessary to retire that month's Note installment obligation. So long as any portion of said Note remains unpaid, Owner shall maintain a "transportation revenues reserve account" in a responsible banking institution containing sufficient funds to pay one (1) monthly Note installment obligation in advance, but shall otherwise be free to utilize such other transportation 'charge revenues for its own purposes unless and until such time as City finds it necessary to exercise its collateral pledge rights in the event of Owner's default in the performance of its promissory note obligations. In the event Owner shall ever be late in paying a monthly Note installment obligation to the City, City shall have the right to demand that Owner increase the amount held in such reserve account to cover three (3) monthly Note installment obligations in advance. Owner agrees to comply with such demand and thereafter to maintain the reserve account at the three (3) month level. City shall have the right to examine all records necessary to audit the transportation charge accounting and the related reserve account at any reasonable time or times. The foregoing pledge shall be assignable by City to any bond issuing authority. 4. Owner further agrees that the subject promis- sory note shall contain a provision to the effect that in the Al event that controlling interest in the project ( i .e . Phase I and Phase II) is transferred from Owner to a third person or persons (by sale, foreclosure, operation of law, or otherwise), while said Note remains unpaid, the City shall have the right (but not the obligation) to declare the entire remaining balance of said Note mmediately#due and payable as of the effective date of such transfer. 5. Should the City fail to obtain a building per- mit for the construction of a parking structure within two (2 ) years of the issuance of a certificate of occupancy for Phase II, Owner shall have the right and option to implement an alternative plan for the provision of the required sixty (60) parking spaces or to demand that the City negotiate, in good faith, a long-term lease (no less than fifteen (15) years) for the sixty (60) parking spaces on the Rio Grande and golf course parking llots. In this event, any balance in the funds escrowed pursuant topD.L�,__5L � (being principal plus accrued interest minus monthly rental pay- ments made) shall be credited to Owner in any new lease arrange- ment or refunded to it if an alternative parking plan is adopted and, in either case, the escrowed promissory note shall be rede- livered to and cancelled by Owner. B. In addition, Owner shall be responsible for its propor- tionate share of the annual cost, expense and necessary capital expenditures of operating, maintaining and repairing the parking garage aspect of the parking garage s4cture following its comple- tion. Owner hereby further assigns and pledges unto City the "transportation charge" revenues allocated from time to time by Owner pursuant to ParagraphSA_ _I(q,)3 _ above as collateral for Owner's performance of its obligation to pay. A proportionate share of such annual operational, maintenance and repair costs, expenses and necessary capital expenditures. The foregoing pledge shall be assignable by the City to any garage operating authority. C. In consideration of the above -described financial participation and subsequent operational cost -sharing, Owner shall be entitled to the perpetual use and enjoyment of a defined block of sixty (60) parking spaces in the structure, free of parking fees. Should the City deem it appropriate to condominiumize the parking spaces in the parking structure, City shall deed to Owner its sixty ( 60 ) spaces together with its proportionate undivided interest in appurtenant general common elements. 6. Tax increment financing_and/or-industrial -development- ---------------------- ------------ bond -financing. Owner shall and hereby consents to City' s ( or other governmental or quasi -governmental entity or non-profit cor- poration) issuance, if possible, of a tax increment bond(s), or other type of bond, in at least the amount of the balance of Owner's share of the parking structure construction cost ( includ- ing design, pre -construction and construction costs and financing costs such as capitalized interest costs, if any, reserve funds and bond issuance costs) , the proceeds of which bond(s) may be applied by the City to the construction of the subject parking structure and for any other lawful improvement project. Such bond(s) shall bear simple interest at a rate(s) to be determined by the issuer shall be retirable over a period of not more than twenty-five (25) years (or other lawful term), and shall be secured by a pledge by the City (or other issuing authority) of the increase in real property taxes and/or sales tax assessed to the capital Hotel Jerome property which will occur as a normal consequence of the renovation (Phase I) and expansion (i.e. Phase II) contemplated by this Agreement (or by other lawful security available to the City or other issuing authority) . However, the bonding itself will cause no additional taxes or other charges to be imposed upon Owner other than the above -referenced "balance of Owner's share", and the consent of Owner provided for herein shall not be interpretted as a consent to any form of special assessment district that would result in an increase in the real property taxes being levied upon the hotel property. 4 City will, of course, be reimbursed on a continuing basis for its bond retirement obligations relating to the project's share of the parking structure by the monthly installment payments being made by Owner under the above -described promissory note. Owner further agrees that if Owner has, in fact, decided to proceed with the development of Phase II, Owner sham se its best efforts to cooperate with the City (or other governmental or quasi -governmental entity) in the issuance and sale of any indus- trial development bonds in connection with the financing of the parking structure, so long as Owner's participation, if necessary, and any such industrial development bonding effort complies with all applicable laws and restrictions. 7. Planter encroachments. Owner agrees to obtain such approvals and/or licenses as may be necessary with respect to planters which encroach into public sidewalks, prior to the issu- ance of a building permit for such planters. 8. Periodic pro�ect_reviews. Owner agrees that every six (6) months following the date of final City approval of Phase II until the construction thereof is complete, Owner will meet with the City Planning Office for the purpose of informing the Planning Office as to Owner's progress in developing Phase II pursuant to the terms and provisions of approval and the appropriate amendment to this agreement. If the Planning Office deems it necessary, the Planning Office will report to the City Planning and Zoning Com- mission on the outcome of one or more of these meetings. The Owner and City recognize that these meetings are not opportunities for the Owner to avoid complying with the requirements of this agreement but are for the purpose of providing progress reports and developing mutually acceptable solutions to any problems that may be encountered during the construction period. 9. Permanent care and maintenance of -landscaping. Owner agrees that it shall be the perpetual responsibility of Owner or Owners from time to time of the above -referenced Hotel Jerome pro- perty to maintain, care for, and replace when necessary all trees, shrubs, plants, and other landscaping features which may be planted in connection with or otherwise incorporated pursuant to the landscape plan appearing on Exhibit ------- hereto, or other- wise submitted as part of an approved final plat. 10. Owner shall occupy the project open space (i.e. the exterior patio and pool areas shown on the landscape plan for such uses as may from time to time be deemed appropriate by Owner, pro- vided that such occupancy and uses shall at all times be in com- pliance with the then applicable provisions of the Municipal Code of the City of Aspen. Owner agrees that it shall be the perpetual responsibility of the Owner or Owners from time to time of the above -referenced Hotel Jerome property to maintain in a clean and attractive condition and in a good state of repair all such open space contained within the project. 11. Compliance -and -request -for -amendments or extensions_by__ Owner. In the event that the City Council determines that the Owner is not acting in substantial compliance with the terms of this agreement, the City Council may issue and serve upon the Owner a written order specifying the alleged non-compliance and requiring the Owner to cease and desist from such non-compliance and rectify the same within such reasonable as the City Council may determine. Within twenty (20) days of the receipt of such order, the Owner may file with the City Council either a notice advising the City Council that it is in compliance or a written petition requesting a hearing to determine any one or both of the �j following matters: ( a) Whether the alleged non-compliance exists or did exist, or (b) Whether a variance, extension of time or amendment to this First Amended Agreement should be granted with respet to any such non-compliance which is ✓✓ determined to exist. Upon the receipt of such petition, the City Council shall promptly schedule a hearing to consider the matter set forth in the cease and desist order and in the petition. The hearing shall be convened and conducted pursuant to the procedures nor- mally established by the City Council for other hearings. If the City Council determines by a preponderance of the evidence that a -�"�on-compliance exists which has not been remedied, it l y issue such orders as may be appropriated; provided, however, no order terminating any approval granted herein shall be granted without a finding of the City Council that substantial evidence warrants such action in affording the Owner a reasonable time to remedy such non-compliance. A final determination of non-compliance which has not been remedied or for which no variance has been granted shall, at the option of the City Council, and upon written notice to the Owner, terminate any of the approvals contained herein. 12. Notice. Notice to be given to the parties to this agreement shall he deemed given is personally delivered or if deposited in the United States Mail to the parties by registered or certified mail at the addresses indicated below, or at such other addresses as may be substituted upon written notice by the parties or their successors or assigns: City of Aspen: Owner: City Manager Hotel Jerome Limited 130 South Galena Street Partnership Aspen, Colorado 81611 c/o Dick Butera Aspen Real Estate Associates Copy to: 520 East Durant, suite 204 Garfield & Hecht Aspen, Colorado 81611 601 East Hyman Avenue Aspen, Colorado 81611 13. A P-plicable_law. This agreement shall be subject to and construed in accordance with the laws of the State of Colorado and the Municipal Code of the City of Aspen. 14. Severability. If_ any of the provisions of this agree- ment or any paragraph, sentence, clause, phrase, word or section or the application thereof in any circumstances is invalidated, such invalidity shall not affect the validity of the remainder of this First Amended Agreement and the validity of any such provi- sion, paragraph, sentence, clause, phrase, word or section under any other circumstances shall not be affected thereby. 15. Incorporation_of_recitals. The City and Owner hereby stipulate and agree that the recitals preceding this First Amended Agreement are part of this agreement and are to be deemed incor- porated herein as though fully set forth. 16. Entire_agreement; _amendment. This First Amended Agree- ment and all exhibits attached hereto and/or documents, reports and applications incorporated by reference, contains the entire understanding and agreement between the parties herein with respect to the transactions contemplated hereunder and may be altered and amended from time to time only by written instrument executed by -each of the parties hereto. 17. Representations. Look up in AML PUD Agreement. CITY OF ASPEN, COLORADO i By - - --- - --- ---------------- William L. Stirling, Mayor 1 ATTEST: -------------------------------- 1 Kathryn S. Koch, City Clerk APPROVED AS TO FORM: Paul J. Taddune, City Attorney OWNER: HOTEL JEROME LIMITED PARTNERSHIP, a Connecticut Limited Partnership By Western Properties Invest- ments, Inc., General Partner By--------- - - ----- ---- -- ----- T. Richard Butera, President STATE OF COLORADO ) ss. County of Pitkin ) The foregoing instrument was acknowledged before me this - day of _ _ _ __ ___--_--, 1986, by William L. Stirli_ng as Mayor and Kathryn S. Koch as City Clerk of the City of Aspen, Colorado. WITNESS MY HAND AND OFFICIAL SEAL. My commission expires: ------------------- --------- ----------------------------------- Notary Public ----- ---------------------------- Address STATE OF COLORADO ) ss. County of Pitkin ) The foregoing instrument was acknowledged before me this day of _-------, 1986 by T. Richard Butera.--------------- WITNESS MY HAND AND OFFICIAL SEAL. My commission expires: ------------------------------ --------------------- Notary Public Address NOTE - we should see the limited partnership documents so that we can verify that Butera has authority to sign. 5C, 1E Qe-Ar, \ AMENDED AND RESTATED PLANNED UNIT DEVELOPMENT AGREEMENT HOTEL JEROME RENOVATION AND ADDITION This Restated and Amended Agreement, made and entered into this day of , 1986, by and between the City of Aspen, Colorado, a municipal corporation and a home -rule City (hereinafter referred to as the "City") and the Hotel Jerome Limited Partnership (hereinafter referred to as the "Owner"). W I T N E S S E T H: WHEREAS, Owner owns that real property and the building situated thereon, commonly known as the "Hotel Jerome", more particularly described as follows: Lots A, B, C, D, E, F, G, H, I, 0, P, Q, R, S, and the East 20 feet of Lot N, Block 79, together with the East 170.00 feet of the vacated alley in said Block 79, City and Townsite of Aspen, County of Pitkin, State of Colorado; and WHEREAS, the Owners predecessor in title, JOHN F. GILMORE, submitted to the City for approval, execution and recording a Final Planned Unit Development (P.U.D.) Plat pertaining to the development of that project known as the "Hotel Jerome - Renovation and Addition "(hereinafter referred to as the "Initial Project"); and WHEREAS, Owners predecessor in title entered into a Planned Unit Development Agreement with the City for said Initial Project, entitled "Planned Unit Development Agreement - Hotel Jerome - - 1 - Renovation and Addition", dated April 20, 1983, recorded in Book 444 at Page 750, Pitkin County Cleric and Recorder's office; and WHEREAS, pursuant to an application dated November 29, 1985, which application and all representations set forth therein are hereby incorporated by reference, Owner submitted to the City an application to revise the Initial Project into two phases as follows: - Phase I: Renovation of the exisitng building, commonly known as the Hotel Jerome, pursuant to Building Permit Application and Building Permit No. , which renovation was completed and a certificate of occupancy issued therefor on or about December 26, 1985; - Phase II: An addition to the currently existing and reno- vated Hotel Jerome, as defined and described on the plat for the Initial Project or, at the option of the applicant, an amendment thereto to be presented and approved by the City in accordance with the procedures for amending and/or revising a PUD plan set forth in Section 24-8.26 of the Municipal Code of the City of Aspen, Colorado; and WHEREAS, City and Owner desire to amend the Agreement pertain- ing to the Initial Project dated April 20, 1983, to reflect a phasing into Phases I and II as well as various matters set forth below (hereinafter this Agreement will be referred to as "First Amended Agreement"). , HEREAS, pendi pplication fo mendment City and Owner desir to amend he Agreeme t pert Wing to the Init 1 Project, dated A ril 0, 1983, to re a phasing into Phase and II as - 2 - hereinabove described as well as various matters set forth below i to one comprehensive Agreement (hereinafte this greement will be re erred to as "Fir Amend d Agreement"), and WHEREAS, th City is wi ling to a prove this Fi st Amended Agr ement upo the representa ion /tig on that a pla will be filed on o befor September 1, 198 , menthe approval o the City Engine! which plat will accurately reflect presently existing Phase I; WHEREAS, the City has imposed conditions and requirements in connection with its approval of applicants request to phase the project as hereinabove described, and, to the extent not specifi- cally superceded by this First Amended Agreement the parties desire to reaffirm the initial Agreement as necessary to protect, promote and enhance the public health, safety and welfare; and WHEREAS, under the authority of Section 20-16(c) and Section 24-8.1 et seq., of the Municipal Code of the City of Aspen, the City is entitled to assurances that the matters hereinafter set forth and agreed to will be faithfully performed by Owner; and WHEREAS, Owner is willing to enter into such agreement(s) with and to provide such assurance(s) to the City. NOW, THEREFORE, in consideration of the premises, the mutual covenants herein contained, it is agreed as follows: 1. Amended Agreement and Phasing. City and Owner agree that, to the extent that matters are specifically addressed herein, this Agreement shall supercede and amend that Planned Unit Development Agreement Hotel Jerome - Renovation and Addition, dated April 20, 1983, recorded in Book 444 at Page 750, Office of the Pitkin County - 3 - Clerk and Recorder. Further, to the extent not specifically super - ceded and addressed in this Agreement, the parties desire to reaffirm all matters set forth in said Agreement. Owner agrees that on or before September 1, 1986, Owner shall submit to City an amended PUD plat reflecting the existing renovation of the Hotel Jerome which plat shall comply with all applicable requirements, the City of Aspen subdivision and PUD regulations. In addition, it is comtemplated that applicant will submit another application pursuant to Section 24-8.26(b) to amend Phase II on or before August 1, 1986, which application and the approvals therefor shall be subject to all the requirements, terms and concai- tions of the City of Aspen subdivision and PUD regulations in effect and such other laws, rules or regulations as are or may become applicable. In the event that an application to amend the plat to reflect an amendment to Phase II as currently provided for in the Initial Project for Phase II is not made on or before August 1, 1986, the plat for the Initial Project, as amended, to reflect Phase I as hereinbelow provided, shall constitute the development approvals pertaining to the property. 2. Sidewalks, Curb and Gutter. With regard to the provisions for sidewalks, curb and gutter, as set forth in Paragraph "l", of the initial Agreement, City acknowledges that Owner has constructed a new sidewalk along Main Street frontage and has (or will by August 1, 1986) repair the existing sidewalks on Mill Street and shall maintain said sidewalks along Main Street and Mill Street in accordance with the sidewalk and improvements site plan, dated , annexed hereto and incorporated herein as Exhibit "A". Prior to issuance of a Certificate of Occupancy for Phase II, or within a reasonable time thereafter as agreed to by City Engineering, Owner shall construct new sidewalks along the Project"s road frontages on Monarch and Bleeker Streets (six-foot minimum widths) together with curb and gutter, all as reasonably determined by the City Engineer, in accordance with the Landscape plan, the applicable provisions of Chapters 19 and 20 of the Aspen Municipal Code, as amended, and accepted engineering standards and practices. Owner shall repair or replace any existing (or newly installed) sidewalks, curb or gutter which may be damaged during construction. The current estimated cost of such improvements is contained in Exhibit "A" attached hereto and incorporated herein by this reference. Such cost estimate shall be updated by the City Engineer when Owner actually applies for a Building Permit for Phase II, and Exhibit "A" shall be amended accordingly at that time. 3. Other Physical Improvements. Prior to the issuance of a Certificate of Occupancy for the Project, Owner shall provide and install such water lines and fire hydrants, sanitary sewer lines, storm drainage improvements and storm sewers, and such other physi- cal improvements, as may be reasonably required pursuant to Section 20-16(a) of the Municipal Code, in connection with the Project and according to normal City specifications, the schedule and cost of which include, without limitation, those contained in Exhibit "A". Such cost estimate shall be updated by the City Engineer when Owner actually applies for a Building Permit for the Project and Exhibit "A" shall be amended accordingly at that time. - 5 - The current estimated cost of such improvements does not include sewer and water taps, plant investment fees and related fees, which will be calculated and paid prior to issuance of a Building Permit according to the then -standard practices and charges of the sewer district and water department. 4. Landscape Improvements. In accordance with Section 24-8.16 of the Municipal Code, all required Landscaping shall substantially conform to a "Landscape Plan" annexed to the Plat and incorporated herein by reference which shows the extent and location of all plant materials and other landscape features, flower and shrub bed defini- tion, proposed plant material at mature sizes in appropriate rela- tion to scale, species and size of existing plant material, proposed treatment of all ground surfaces (e.g., paving, turf, gravel, etc.), location of water outlets, and a plant material schedule with cominon and botanical names, sizes and quantities. Landscaping will be completed in a logical phasing sequence commensurate with the phasing of the improvements contemplated in the Construction Sche- dule, but in no event later than one year after the date of the Certificate of Occupancy for Phase II. If the Owner has not been issued a building permit for Phase II by the City of Aspen by May 1, 1987, a detailed Landscaping Plan shall be submitted for approval by the City Planning Department and the City Engineering Department in the exercise of their reasonable discretion, to be completed by July 1, 1987. It is the mutual understanding of the parties that a Certifi- cate of Occupancy may be issued for the Project even if the land- scaping improvements have not yet been completed, provided the - 6 - portion of the guaranty in Paragraph 6 below which covers the estimated cost of such unfinished landscaping remains available pursuant to the terms of Paragraph 6. 5. Construction Schedule and Program. The construction sche- dule outlines the time periods for construction and the methods for satisfying the terms of the Agreement. Owner represents to City that an accurate construction schedule cannot be submitted at this time. It is anticipated that construction will begin in the summer of 1986, for completion for the 1987-1988 summer. Prior to the issuance of a Building Permit for Phase II and as a condition prece- dent thereto, Owner agrees to provide the City Engineering Department with a detailed construction schedule, to the satisfac- tion of the City Engineer and Chief Building Official, which shall particularly address how construction phasing and other techniques will best accommodate under circumstances (a) barricading and provi- sion of pedestrian protection, (b) excavation access and large truck traffic and staging areas, (c) delivery and storage of major materials, (d) construction equipment access and storage, and (e) contractor vehicle parking. Such construction schedule shall be verified by the signatures of the City Engineer and the Chief Build- ing Official and recorded as a supplementary exhibit hereto. Any amendments to the construction schedule shall be reviewed by the Planning Department, verified by signatures of the City Engineer and Chief Building Official, and (if the City requires) recorded as supplementary exhibits hereto. 6. Financial Assurances. In order to secure the performance of the construction and installation of the improvements described - 7 - in Paragraph 2, 3 and 4 above, and to guarantee one hundred percent (100%) of the estimated cost of such improvements as reasonably agreed to by the City Engineer (as such amount may be updated from time to time as herein provided), Owner shall guarantee, by sight draft or letter of commitment or credit from a financially responsi- ble lender (either or both to be irrevocable until such construction is completed), that funds in the amount of such estimated cost are held by it for the account of Owner for the construction and instal- lation of the above -described improvements. Said guaranty shall be delivered to the City prior to the issuance to Owner of a building permit for the Project, shall be in a form acceptable to the City Attorney and the City Manager, and shall give the City the uncondi- tional right, upon default by the Owner, to withdraw funds upon demand to partially or fully complete and/or pay for any of such improvements or pay any outstanding bills for work done thereon by any party, with any excess guaranty funds applicable to additional administrative or legal costs associated with any such default and the repair of any deterioration in improvements already constructed. As portions of the required improvements are completed, the City Engineer shall inspect them, and upon approval and written accep- tance, he shall authorize the release from the guaranty delivered by Owner of the agreed estimated cost for that portion of the improvements except that ten percent (10%) of the estimated cost shall be withheld until all proposed improvements are completed and approved by the City Engineer. Provided, that the withheld ten percent (10%) which relates to the improvements described in Para- graphs 1 and 2 above shall be released by City upon completion and - 8 - approval by the City Engineer of all such Paragraph 1 and 2 improvements and regardless of the stage of completion of landscape improvements described in Paragraph 4 above. The Owner also agrees to deliver to the City, upon demand therefor by the City Engineer, a maintenance bond or other suitable guarantee for the repair or replacement of any existing municipal improvements damaged during construction of new improvements. Owner will contract with recognized and bondable contractors for all such improvements. The contractors shall warrant all such improvements to accepted standards of good workmanship for a period of one (1) year from completion and, at Owner's request, the City will agree in writing to accept the improvements. It is the express understanding of the parties that the proce- dure set forth in Paragraph 13 of this Agreement regarding non- compliance shall not be required with respect to the enforcement and implementation of the financial assurances set forth herein and required by Section 20-16(c) of the yunicipal Code. In the event Phase II is not to be constructed, the Owner agrees that it will expend at least $50,000.00 for the purpose of Landscaping the site. 7. Employee Housing. With reference to Paragraph 6 of the Initial Project, and as a further inducement to the City to approve phasing into two phases as set forth in this First Amended Agree- ment, Owner has agreed to and does hereby confirm and acknowledge its obligation to provide housing for employees of the project, as required by the Code and regulations of the City of Aspen, or its designee, in connection with the Project. With regard to Phase I, - 9 - Owner hereby agrees that Rooms No. 1, 2, 3, and 4 in the hotel annex on the top floor as designated on the amended and restated plat shall be and hereby are restricted exclusively to use as employee housing under and in accordance with such City of Aspen employee housing use, occupants, rental and sales price guidelines as may be in effect and applicable from time to time, sufficient to house four (4) employees of the project and restricted to a maximum occupance of one (1) employee per bedroom. Such rooms shall be used solely by hotel employees, and verification of an employees employment qualificaions may be accomplished by the City of Aspen, or its designee, at any time the City may wish. The dedication and covenants contained herein shall be deemed a burden upon and to run with the title to the project and shall be binding upon the Owner and Owners successors and upon all other persons or entities having any right, title or interest in or to the project (or bedrooms) or any part thereof, and shall inure to the benefit of and be specifi- cally enforceable by the City of Aspen or its designee by appro- priate legal action, including injunction, abatement or eviction of non -complying tenancies, all for a period of fifty (50) years from the date of recording hereof in the Pitkin County Clerk and Recorder's Office. Neither this dedication nor any of the covenants contained 'herein shall be modified, released or waived in any respect except by written instrument executed by both Owner or its successors or assigns and the City of Aspen, Colorado, and duly recorded in the Pitkin County Clerk and Recorder's Office. - 10 - The approval by the City Council on the day of , 1986, restricting units at the Cortina Lodge, Aspen, Colorado, shall fully satisfy the require- ments for Phase II of the project. These units shall be provided for use by fifteen (15) hotel employees, deed restricted to City occupancy guidelines in effect at the time such units are provided. Such units shall be restricted to such guidelines prior to the issuance of a certificate of occupancy for Phase II of the project and as a condition precedent thereto. The Owner shall have the right to substitute all of the required off -site employee housing for an aggregate of fifteen (15) employees provided (i) the location, size and configuration of such substitute housing is acceptable to the City of Aspen or its desig- nee, as reflected by resolution of the City Council, (ii) the minimum number of acceptable employee housing units required by the initial agreement to house fifteen (15) employees remains available at all times, and (iii) the same deed restrictions are imposed upon the substitute units prior to occupancy of the substitute units. Upon the completion of such substitution of units, the City shall release the deed restrictions upon those off -site units which have been replaced. Further, should the Owner secure more units than are necessary in the opinion of the City to house fifteen (15) employees off -site, Owners on -site employee bedroom requirement shall be reduced and deed restrictions released exactly by the number of off -site bedrooms provided in excess of those required to house the fifteen (15) employees off -site, as may be acceptable to the City (or its designee, which may be the Aspen-Pitkin Housing Authority), including approval by resolution of the City Council. Further, should the Owner at the time of the certificate of occupancy for Phase II of the project, not have provided the units necessary to house fifteen (15) employees, Owner shall, prior to the issuance of the certificate of occupancy for Phase II and as a con- dition precedent thereto, covenant and restrict a sufficient number of bedrooms within Phase II of the project necessary to cover any shortfall in the off -site housing requirments, which temporary restricted bedrooms must meet the same City employee housing guide- lines as owner's off -site employee housing units would have been required to meet under the terms hereof, and which temporary restricted bedrooms shall thereafter be released from said covenants when Owner does provide the required number of units for off -site employee housing in the manner above provided. Owner warrants that, at the time of the issuance of the certi- ficate of occupancy for Phase II, all persons, or entities having any lien, encumbrance or interest in the Cortina Lodge, will have consented to such occupancy and that no certificate of occupancy for Phase II will be issued without the written consent of any such person or the substitution of other employee housing to satisfy the requirement. The deed restriction and covenant restriction and release forms shall be approved as to form by the City Attorney prior to recorda- tion. 8. Parking. As a condition of the approvals granted herein and herewith, the Owner shall provide parking in connection with the project, either on -site or off -site, in the manner or manners hereinafter described. - 12 - - Phase I. In the event a Building Permit has not been granted for Phase II by September 1, 1986, Owner shall provide thirty-one (31) on -site parking spaces in the manner acceptable to the Engin- eering Office, said spaces to be ready for use by November 1, 1986, and to remain in use until the beginning of construction on Phase II. - Phase II. As a condition of the approvals granted herein and herewith, Owner agrees to provide fifty-one (51) parking spaces to be on -site and enclosed in the Phase II Addition according to the recorded plat. These fifty-one (51) parking spaces shall include the thirty-one (31) spaces required in Phase I, if no Building Permit for Phase II has been issued by September 1, 1986. In the event Owner does not provide the fifty-one (51) parking spaces for the Project on -site, then Owner agrees to participate with the City in the financing, design, construction, operation and maintenance (including necessary capital expenditures) of a 400- vehicle parking structure on the Rio Grande property, but only to the extent that the number of parking spaces on -site are less than the spaces required hereunder. At such time as the City undertakes the construction of this structure, Owner shall and hereby agrees to participate proportion- ately (based on the need for fifty-one (51) spaces) in the finan- cing, design, construction, operation and maintenance (including necessary capital expenditures) of the parking garage aspect thereof, such financial participation to be in the form described in the original PUD Agreement. - 13 - 9. Planter Encroachments. Owner agrees to obtain such licenses as may be necessary with respect to planters which encroach into public sidewalks. City Council, in approving the landscape plan, shall grant the encroachment licenses prior to the issuance of a building permit for the plants. 10. Periodic Project Reviews. Owner agrees that every six (6) months following the date of final City approval of this Project until the construction thereof is complete, he will meet with the City Planning Office for the purpose of informing the Planning Office as to his progress in developing the Project pursuant to the terms and provisions of this Agreement. If the Planning Office deems it necessary, the Planning Office will report to the City Planning and Zoning Commission on the outcome of one or more of these meetings. The Owner and the City recognize that these meet- ings are not opportunities for the Owner to avoid complying with the requirements of this Agreement, but are for purposes of providing progress reports and developing mutually acceptable solutions to any problems which may be encountered during the construction period. 11. Permanent Care and Maintenance of Landscaping. Owner agrees that it shall be the perpetual responsibility of the Owner or Owners from time to time of the Hotel Jerome property to maintain, care for, and replace when necessary, all trees, shrubs, plants, and other landscaping features which may be planted in connection with or which are otherwise incorporated in the Hotel Jerome Project pursuant to the Landscape Plan submitted to the City as a part of the Final Plat. - 14 - 12. Use and Maintenance of Open Space. Owner shall occupy the Project Open Space (i.e., the exterior patio and pool areas shown on the Landscape Plan) for such uses as may from time to time be deemed appropriate by Owner, provided that such occupancy and uses shall at all times be in compliance with the then -applicable provisions of the Aspen Municipal Code. Owner agrees that it shall be the perpe- tual responsibility of the Owner or Owners from time to time of the Hotel Jerome property to maintain in a clean and attractive condi- tion and in a good state of repair all such Open Space contained within the Project. 13. Non -Compliance and Request for Amendments or Extensions Owner. In the event that the City Council determines that the Owner is not acting in substantial compliance with the terms of this Agreement, the City Council may issue and serve upon the Owner a written order specifying the alleged non-compliance and requiring the Owner to cease and desist from such non-compliance and rectify the same within such reasonable time as the City Council may deter- mine. Within twenty (20) days of the receipt of such order, the Owner may file with the City Council either a notice advising the City Council that it is in compliance or a written petition request- ing a hearing to determine any one or both of the following matters: (a) Whether the alleged non-compliance exists or did exist; or, (b) Whether a variance, extension of time or amendment to this Agreement should be granted with respect to any such non- compliance which is determined to exist. - 15 - Upon the receipt of such petition, the City Council shall promptly schedule a hearing to consider the matters set forth in the cease and desist order and in the petition. The hearing shall be convened and conducted pursuant to the procedures normally estab- lished by the City Council for other hearings. If the City Council determines by a preponderance of the evidence that a non-compliance exists which has not been remedied, it may issue such orders as may be appropriate; provided, however, no order terminating any approval granted herein shall be granted without a finding of the City Coun- cil that substantial evidence warrants such action and affording the Owner a reasonable time to remedy such non-compliance. A final determination of non-compliance which has not been remedied or for which no variance has been granted shall, at the option of the City Council, and upon written notice to the Owner, terminate any of the approvals contained herein. In addition to the foregoing, the Owner or its successors or assigns may, on its own initiative, petition the City Council for an amendment to this Agreement or the Plat or to extend any of the time periods required for performance. With respect to the Construction Schedule, the Owner has made vaious assumptions, including the following: (1) Final approval of the Plat and related documentation prior to September 1, 1986; (2) -Negotiation, arrangement and completion of pre -construc- tion activity by Owner, including construction borrowing, bidding, contractor selection and contractor mobilization prior to the pro- jected starting date of no later than may 1, 1987; - 16 - (3) Ratification of the estimated construction and development schedule by the selected lender and contractors; (4) Prompt availability of the required labor forces and con- struction materials at all necessary phases throughout the construc- tion period; (5) No interruption in construction operations through the winter months during the actual construction period by acts of God or other matters beyond the control of the Owner. The City Council shall not unreasonably refuse to extend the time periods for performance indicated in the Construction Schedule if Owner demonstrates by a preponderance of the evidence that the reasons for said extension are beyond the control of the Owner, despite good faith efforts on his part to accomplish the same. 14. Notice. Notices to be given to the parties to this Agreement shall be deemed given if personally delivered or if deposited in the United States Mail to the parties by registered or certified mail at the addresses indicated below, or at such other addresses as may be substituted upon written notice by the parties or their successors or assigns: City of Aspen: City Manager 130 South Galena Street Aspen, Colorado 81611 Owner: Hotel Jerome Limited Partnership c/o Marketing Corp of America 285 Riverside Drive Westport, Connecticut 06880 - 17 - With copies to: Garfield and Hecht, P.C. 601 East Hyman Avenue Aspen, Colorado 81611 Perry Harvey Post Office Box 8720 Aspen, Colorado 81612 15. Binding Clause. The provisions hereof shall run with and constitute a burden upon the title to the subject property, and shall be binding upon and shall inure to the benefit of the Owner and the City and their respective heirs, personal representatives, successors and assigns. 16. Applicable Law. This Agreement shall be subject to and construed in accordance with the laws of the State of Colorado and the Municipal Code of the City of Aspen. 17. Severability. If any of the provisions of the Agreement or any paragraph, sentence, clause, phrase, word or section or the application thereof in any circumstances is invalidated, such invalidity shall not affect the validity of the remainder of the Agreement and the validity of any such provision, paragraph, sen- tence, clause, phrase, word or section under any other circumstances shall not be affected thereby. 18. Incorporation of Recitals. The City and Owner hereby stipulate and agree that the Recitals preceding this Agreement are part of the Agreement and are to be deemed incorporated 'herein as though fully set forth. - 18 - 19. Entire Agreement; Amendment. This Agreement contains the entire understanding and agreement between the parties herein with respect to the transactions contemplated hereunder and may be altered or amended from time to time only by written instrument executed by each of the parties hereto. 20. Acceptance of Plat. Upon execution of this Agreement by all parties hereto, the City agrees to approve and execute the Final Planned Unit Development Plat for the Hotel Jerome - Renovation and Addition, and to accept the same for recordation in the Recording Office of Pitkin County, Colorado, upon payment of the recordation fee and costs to the City by Owner. IN WITNESS WHEREOF, the parties hereunto set their hands and seals the day and year first above written. ATTEST: Kathryn Koch, City Clerk THE CITY OF ASPEN, COLORADO, A Municipal Corporation William Sterling, Mayor - 19 - APPROVED AS TO FORM: Paul J. Taddune, City Attorney OWNER: HOTEL JEROME LIMITED PARTNERSHIP, a Connecticut Limited Partnership, by Western Properties Investments, Inc., General Partner By: T. Richard Butera President STATE OF COLORADO ) ss. COUNTY OF PITKIN ) The foregoing was acknowledge before me this day of , 1986, by William Sterling, as Mayor, and Kathryn Koch, as City Clerk, of the City of Aspen, State of Colorado. Witness my hand and official seal. My commission expires: Notary Public Address - 20 - STATE OF COLORADO ) ss. COUNTY OF PITKIN ) The Foregoing was acknowledged before me this day of 1986, by T. Richard Butera. Witness my hand and official seal. My commission expires: Notary Public Address - 21 - EXHIBIT "A" The following is a breakdown of estimated costs for construction of improvements on the City rights -of -way around the Hotel Jerome. The figures are 1986 dollars. 1. Sidewalks, Curb and Gutter New walks Bleeker Street 6' x 300' @ 3.75/s.f. = $ 6,750 Monarch Street 6' x 120' @ 3.75/s.f. = 2,700 Damaged sidewalk Say 20' x 8' @ 3.75 = 600 New curbs Bleeker Street 30 l.f. @ 11.00/1.f. = 330 Damaged curb Say 40 l.f. @ 11.00/1.f. = 440 Total sidewalk, curb and gutter = $10,820 0 COST ESTIMATE WATER MAIN EXTENSION TO SERVE JEROME HOTEL EXPANSION 1. Tie-in at Monarch and Bleeker Streets, 12"x8" tapping sleeve, valve & box $ 2,000.00 2. 350 L.F. Cl. 52 8" DIP @ $28.00 L.F 9,800.00 3. 40 L.F CL 52 6" DIP @ $24 L.F. 960.00 4. 2 - 8"x6" MJ x Flg tees with kickblock @ $325 650.00 5. 2 - 6" MJ x Flg gate valves & box @ $425 850.00 6. 20 L.F 3/4" high strength tie -rods @ $6.00 L.F. 120.00 7. 1 - 6" fire hydrant, with kickblock 1,200.00 8. 1 - 8" MJ x 6" PE reducer 200.00 9. Tie-in at Mill and Bleeker Streets 6"x6" tapping sleeve, valve & box 1,800.00 10. 700 tons Class 6 base course @ $10.00 Ton 7,000.00 Sub -Total $24,580.00 11. Contingency fees 20% 4,916.00 TOTAL ESTIMATE COST $29,496.00 J O CA design workshop, inc. 710 e. durant aspen, colorado 81611 THE HOTEL JEROME 303/925-8354 SITE DEVELOPMENT AND BUDGET ESTIMATE July 3, 1986 Design Workshop, Inc. ITEM UNIT QUANTITY COST/UNIT TOTAL This cost estimate is for the R.O.W. areas only Landscaping import & spread topsoil cy 109 $ 18.00 $ 1,962.00 fine grading sf 3,930 0.12 472.00 sod sf 4,713 0.30 1,414.00 mulch cy 12 30.00 360.00 Sub -total ....................... $ 4,208.00 Plant Materials ash ground covers shrubs Irrigation planting beds general ea 13 $ 750.00 $ 9,750.00 ea 600 6.00 3,600.00 ea 48 30.00 1,440.00 Sub -total $14,790.00 sf 1,083 $ 2.0'0 sf 3,930 ,0.40 Sub -total ........................ GRAND TOTAL ...................... $ 2,166.00 1,572.00 $ 3,738.00 $22,736.00 community developrnent land planning landscape architecture i. 1 1� NOW r crcN)eli 'f- t..-444 rv, J80 (Page 1 of S) PROMI$SOPY NCYTF f l9e_ (Principal Amuunt) (Effective Date) rOh VALUF. RECEIVED. 3t7Ntr GILNCIRE (herelnAfter 'Makes') promises to pay to the order of the CITY OF ASPEN, COWRADO, a aunicipal corpo•stion and home -cult city (hereinafter 'Payee'), at 130 South Galena, Aspen. Colorado d1611, the principal sum deter- alned in accordance with the provisions of Petagroob 1 Ltlow, together with .010ple interest thereon from. ttte effective date hereof until fully paid at the rate(s) deterained in accordenre with the provisions of Paregcaph I twlow, such ptincipal and inter- eat to bc• pay,b)e in tht mannrr dteeribed in Paragrsph 3 belov. 1. lAit Nott evidences ltaker'e obligation to retmtuf*e .Payer ` for Asker's p'toportioita_te shore of thr torsi. construction 'cost of the vehicular parking atruetute'&-Lirrg'bu11t by Payee on the Rio Grande property in the Clty of Aspen, Pltiic.'.Ccunty, Culotado. the principal amount hereof shoal be dCtersintd by multiplying a traction, the numerator of which 1s 60 and the denovinnror of which is the totcl nuabtr of pot►ing spaccc Lerny construCttd, tiers the portion of the total eonstructior cost (in,luding dcs:gn, prf-- cun6trurtion end construction coctr, and firancing curt' inrlurl,no capitalicc•d interest on 1-nndc, rear,ty: fund:., and L:c,e 1rRc,rnce costal which !r dtrrctly rtlated to.thr• parking g,-%t;asp,rt u! such atrurturc, en0 then cuLtractInc it r;.- of •'12.,c^C.0C rr - ....&Ar I:.•4" tv. c 781 Previously deposited by Maker In escrow with Payee plus all interest earned on such escrowed &mount from the dote of to depoelt with Payee to the effective date of this Note. The said prinelpal amount hereof shall he a leulatt-d by Payee In accordance with the forequing definition, and shall be entered by Peyc•r in the blank provided for such purpose at the top of this Note, at the time and on thr date this Note Is dvllvered out of eacro,. to Payee (le. or. the 'effective date' of this Note). 3. ►ayes• (or an alternate Iasulnq authority) has Issued a ta- Incirr"i.t bond(al or soave other type- of boad(rl Is sit $test•the principal amount of Chit Note for purposes of funding Maker's pro- portlenate *here of the total parking structure eunstructton cost as abo,.e defined. Tl,r principal amount herecf rrhell bcsr sispie interest (vtiich Interest way be voslable) fro*. the *ffi•ctly* det* =1+ereof until .fy1Ty paid- tE the=sere lnterent rates)-&4L li yee'• 't (or otbet issuing authurity's) bond lsit,ire-rate(,*)'-under the above -- sent toned- bondt a) . r �'- ). RrIncipaI ar.d i"ntereat slAall bt due and payable in con- e mecutive soncl.ly lnstalJmrnta in such ar vntt as are nccccacry to - cover principal- of, reder.ptior, pr*piucs, if any, enJ Intrrest on the Payees (or other issuing authori-ty'c) bund's) (in-ludinq t refva.:..q bond(e). If an)), and other obli-ye:ione of the 1scu,.r purturnt to the band ordinenee, resulution ur indenture, and t-ver the aroe period of time- as Payee's (or ottor issi,ing authi.eity't) to- -2- ' i f . e..•444 h. 0 782 bond(s) (Including refunding bond(a)) obllgotIon wnder the ( abcve-HntIoned bond fa). Such monthly Installments shall comenc♦ on the first day of the calendar uonth following the effective date of this Note, with all remaining principal and unpaid accrued interest being due and payable with the final monthly payment. 4. To the extent permitted by the bond issuing authority and subject to such limitations and requirements at may be imposed by such authority at the time of the Issuance of the- related bonds(s), Maker shall have the right to asks, advance, additional or prepay' I Ments in any amount at any time and ftoa time to time without notice or penalty. Svch payments shalt be applied first to eccfued Intelsat and t)en to the outstanding principal balance. S. At the option of Payee, the entire outatendir.g principal •and interest balance of.thie Noce shall become IrtRediately due and ►ayabl*, without notice or dessrtd, upon the tt Ansfec by Maker to • gird person or pertorss (by aale,-forec,Iaiui ;- bperi-tion of. lave; or othttvlarl of a controlling interest In the Hotel Jerome prapt rty• Situated In the City of Aspen, Pitt'/'n -County. Colorado. S. In the *vent Maker dttsulta In the.perfora&nce of any of • :.eis obligations hereunder, accrued Interrat and :pr.incl"pal at,ell, from and after the date of such default, beat intcrett at the rate of elghtecn percent (let) per annuc until such default it curt-d by i Maker. In the event that any unpaid balance duc under thlr Note should br co] lccttd t,} an at tot r.cy, wl-ethvr by ci.ur t a, t ior4 o• othcrwlac, Poker hereby ogrccr, to pay rentonat.lr atruincy-' frer. ar•1 al 11 nt t' t Co" tt rf acy suc!. cc] ]cc t iun ert,c -7- ti V t(V.,444 ►+,-. o 783 7. T1fa Mote small be governed as to validity, interpreto- tloo, constrOct Ion, of fact, and In all ether respects by the laws and rlecislons of the state of Colorado. Maker understands and "roes t"t the courts of the state of Coloredo shall have subject natter jurisdiction to entertain any action brought to enforce or oollect upon this Mote, anA by esecution hereof, Maker voluntarily subalts to personal jurisdiction of the courts of the state of Colorado, aotwithatanding the place of ereCUtion hereof. Maker's residence or principal place of business, or the nature or scope of any activities or event, Which may have eecuTred In ethef states. ov o;d, evrr, such jurisdiction shall not be exclusive and, at its option. Payee or its assignee stay roaaence such action in any etber state exercising concurrent jurisdiction. S. this Mote shell be assignable by Payee to any bond 1atelm outbor i ty. _ s. !'►e^here MOorser6, our etles-and.'qu_eraLrtois' o'i this srote_jointly and severally, valve presentucnt for pa "ent, notice of ":-parsent, protest and notfct.of•protest. 10. This Mote Is' secured by thnt ccrtels+ collstersl assign- ornt..m+d pledge of 'trontportetion charge revcn.;rs' being eolI -ctci by Maker from the operation of the Hotel Jetoar ae set forth in Paragraph 7(e) of that eertnin Plonncd Unit Uevvlup,%•nt Agreca•nt - Eotel Jerose - Renov.ition and AAdition dctcd ', , 1111 and recorded in sc�okml st pegc of the Pitkin Counry. Coloredo i t. -1- i 4 2� 0 eu.4u ,, p 781 real Ptoptrty record., all pertinent provisions of which t.O.D. Alretssan, ire ►ereby lacorporattd ►erein end made a part Aer*of by this ref*ter.c*. taie boot and papf refer* all be filled in , by ►ayt* at the tine this Note is i*liv d out etc[ to fayet. r tset:uted this day o F. Gileort L � f §478- 751- �rt r� 9XHIRIT 'A' •444 o 779 The following is a breakdown of estimated costs for construc- tion of improvements on the City rights -of -ray around the Hotel Jerome. The figures are 1183 dollars and are generally based on 1112 bids for City work. 1, sidewalks, Curt, and Gutter 1 Now walks a , Main street s' a 180• ! 7.,r/a.f. { 5,040 Sleeker street 6' s 300' ! ).SO/a.f. 6.300 Monarch street 6' a 120' 0 3.50/s.f. 2.520 Dam%ged sldewal►. 2Ga /' ! 3.SO/s.f. S60 Mew curbs Main street 200 i.r. 0 10.2s/l.f. •, 21050 Uleeker Street 30 l.f. 0 10.25/l.f. 306 Da wa q ed c-u r b 40 l.f. ! 10.25/1.f. 410 Total sidewalk, curb and gutter $17,184 2. Other Physical improvements tat e r s y s t em Compenaat-ion to 11• in to Monarch St. 12' 1: 2.TS0 furnlih and "lrisCall• l' �V -4 Vs - t 1,200 Furnish and install 1' cl 52 D.I. pipe-210 l.f. ! 21/l.f.- • 61720 �' a {'- tK' 1 am;. - 725 V cl S2 D,I. pipe 20'_ ! 31J1.f. 410 s• Gv "6- WS • 1 -ea. 425 6' fire hydrant t /a. 1,200 S' plug and kickblock 1 /a. • 1:5 Contingency fees 1 20, Total water lines $15,870 Reset. property pins 21000 Total other physical improvements {17,17G 11. Landscaping The " timsted cost of landscaping in the right-of-way is {10,000. CITY or ASprN SMGIMt[FIM, DEPARTMENT (CLAy Q cal---- `!/- � Daniel A. MCArthu City Engineer lUx NLD pe I T piVtLOo7tZxT AQ)<t Dcia�T L _ , ; ►1 \ M ! I ril�:k C I I k!16DF:(A ' PCFrT L J [ RORE - WaCI V x TT OK XXV ADO rT I OW Hv I' 2 c) �'!J x V roI► A mLiricKT, sad@ and entered into tots �� do of Apr 1 1. IN), by and be t ti en the C I TT Of Ai r IX , COLOAADO , a sou n i c i - pa1 sorporatlon ar*d Iroae-rate city (►ereinafter referred to as "city*). and JOem r . G uAo ki (h a re i n a f t eT re f e rr ed to sr ' Ow rw r ') , �- "• IN I T■ a I t t T 81 WMXL i, C oar %ar SUbMitteA to tse City •tor ampro,al, osecr ~T tioa and WVCOV4104 a tiaal Plar""d unit Development (P.O.D.i flat (►ereiaaftet referred to sr the 'Plot') rertaininq to the &esjlop- rNn t Of a project known as toe • bat e l J e roe►e - lt.na• a t 1 or; arse &M i t t m' (►e re i s,a f t e•r referred to os the 'Project') an a ►a r ce l of coal pcworty swra particnlarly eeecr1bed as tolio•oer y��"• iLta A, 6, C, D, 8, ►, G, ■, 1, O, P, 0. t, a WA the taat ?0 coat of -Lot sr. ti Meet 79. "Kb or r i th t ►e Lost 170.72 • teet of "0 vacated alley ie aaid chock 19. - City aad Vowftait.e of AApon, Ckwety of P1tkin, -�. Mate of Coloradoi and ' IMMRSAi , the P.V.D. app 1 i oat i or+ srar f 1 1 ed in oor, j w*ct i or+ vi try SO aW l 1 oat 1 a for re bon i" Of a portion of the abo+"ea cr i bed i real pev"rty mad applications for Gro.rtth w,apawnt Qua Kstem (*am ) e s empt i ona l ar,d 0 -4� 7- r•� .A . 0 t Z "4" ►r� 0 751 AftR _kS, the subject property is located within an area of t►e City sowed CC -Commercial Coro (by virtue of the abo+e-refer- esc+d " Doning)t and WKIKLAL, the City has fully considered said Flat, the pro- posed development and improveaent of the land therein, and the burdens to be Lnposed upon other adjoini" or neighbors" proper- ties and the downtown area in general by reason of the proposed development and improvement of land included in the Flail and wv&pW , the City, in consideritvq the proposed development site and proposed Laproveesents, has. found and hereby daes find the followings the ace& of the proposed F.V.D. is substantially covered by a deteriorated and d+terioratiN building of historic significance; the development area has a faulty lot layout in celetion to adequecy, accessibility snd osefulnosat the develop- asent arse contains potentially unsafe oonditionat the dsvalopm*nt area ►u s site and imrprowseeents subject to further. Astefiaratio-n aaleas tha planned drvalops►ent- Ls carried outt -and- the sevelopment area contains conditions that potentiallr 40ndenorr life and pro- perty by tire. end other causest and wmlxa, t.be City also hu four%4 and bareby does find that t►e present Condition of the F.U.D. area substantially impairs the sosa%d troerth and future potential *conosic health of the munici- pality and is a potential menace to the public health, safety and welfare unless the planned development is carried out i and 2 ti F � 114 I ft�- 4" " 0 753 w l fare and safety pr-ob l eae as abov s—d ee cr i b-od , sod, tt, a r e f ors , tba City finds t-hat it to in tbi public 1 o t e ro at to asp rov a the ►topo+ad ds+elopaent and its sraoclated Municipal tapcovessental am MINZAs, the Owner stipu1atea and agrems to the forago1aq f i ad i a9 e of Ube City and ack now 1 edq es that th+ p ropat ed 6sv e 1 op- Nast, the related Municipal imiproveasnts and the potential plight smd slow pond i t i ocA are t me: t r i cab l y i n t e r re 1 art ed i Mad o1wssAs , the City is w i l l i a to approve, to ar at a w+d accept for reoordettaw said Plat upon the agraaaent of OwInow to tee Mat- ters 4reinafter 6escrlbed, and subject to all t,e roquireaeets, terms sad ooe-dttlooe of the City of kap*e /ubdivisloo and P.O.D. %W91 a t i oes Nov In effect tad s u ah other lea vs , ru 1 es and req o 1 e- t ioea as o r% or may become app 1 t c ab 1 e i aad �)ZLAi . tla Ci'ti >;aa tmpoNld . coed It i an s r+d . ye" t rem ewt s in Ow asec3 i ce w i tb Its s aggro+ ai . s� ecrt 3�8e iid scatpt ti os [ of rsoor'd` attoa of tb►s Plat, and saeb mutters are Nereasary to "rrotact, pro- Nota Sera soba+►co tbo pub 11c bea1th. safety Sad walfarmi tad 11MUM s , amber the se t>or t-t y of Sect -tor 10-11(c) and section 21-2.1 �t !-*S. of Lho 1lapen Runieipal "Co", [De -City is "titled to assar&nce that t2,s matters beralnalter sgrr+d to will he talte- fally tetf oca-ed by Owner i tee Rs[Ai, Ovnar is vill1rvq to enter into ouch serseaeot(s) With, quid to pr,"Id.a such assurancs(s) to, tha'City. 0 . Y 4 A �f k"44q n-i 0 751 MOI1i, TSKAIrCRt, in consideration of the preaioos, the mutual co v e n e n is "rein oon t a i ne d, and the approval, e■ ec ut i on grid o ccep- tance of the Plot for recordation by the City, it is greed so followoI 1. fi6"alks, Curb and Gutter. P-rior W the issuance of a Certificate of Occupancy for the Project, Owner shall construct a" midewal b along the entire Project frontages on Rain, Qonarch srid glesker ftreeta (►-foot minimum width on Rain •trait, 6-foot minimum wilt! on Ibnarch and Slotker Streets), together with owb and quttgt, all as reasonably deteralaed by the City trgiaeer, in acoordsace with the Landscape Plan submitted bsrewlth, the appli- cable pro+istonas of Chapters if and 20 of tbo Aspen Ruaicipal Code, as am■or d ed , srid we cv pt ed sn g in ee r 1 ng standards and pr ac-. ticw. Pvrsuant to dome obligations. Oyer shall repair or e rWwoe any, az1st1j►g toe mewlY inatalle4) side+ralks, gmrls or qvt- tar th K sib be damwq ed d a r i og ooeat ra ct i oe ' 7 sa t i - ma t ed act" a l e awd oo s t of such cis i mpeo► esw t o is sow t a i mad are U b i- ►it 'A', mttacbad ►ereto and inoorporated ►er*ia *y this r*fdrr- tbpoe.t &A t cost se t i ma t o sh a l l be spd s t.ed by . tb! . C i t y linq i nee r "so Ow"r actually Applies for a W 1-ld i nsq Permit -_! oc_ tar P ro j ec t amid Rshiblt 'A' aba11 be a+erid.mA acoorAt 1 K- Chat =t1sr. ,. 2. Other Thyaical Iapro+swents. Prior to the iaaw.oe of a 7 - Cert i f i carts of Acc upa n cy for the Project, Arnie r sb a l l prop id a bard i iostall ou-ih water lines and fire bydrants, sanitary se.wr lines, store drain"e iapr"~nts srd store movers, arsd ss& other phy- S 1 ,`1 � 1 i. V.. "'"4 ' V 755 &Seal I mp rov esen t a , as any be rea eon a b l y required pu r a +i a n t to bec- t i on 30 -1 { (a) of the 11 u n i c i pa 1 Code, In connection w i tb tb a pr o- Ject and scoording to normal City sp►cificatione, tie schedule and coat of which include, without limitation, those contained in t=hibit •A•. fuct+ cost estimate shall be updated try the City tngiar►er when Owner actually applies for a building Permit for the Project and 1xhibit •A• Shall be amended accordingly at that time. We evrrent estisated cost of such inprovsmento does sot iaclade sewer and water tape, plant investment tees assd related tees, %%IC+ w111 M calcul&ted and paid prior to isav&woe of a bsildieg Perult according to the then -standard proctioee and charTas of the newer district and water department. 3. j.and s c ap i ng I mp rov am�e n t s . I n accord an os with Section 3/— -14 of the Municipal Code, all re-quired lsr4scapinq shall sub- atantiolly ssanfora to the •Landscape Plane annexed to the plat aM I000WV mr st ed ►ece la " e y rsf a ren oe .-• wb i-eb a h owe , tao -sit ei t and 1ooa- ties Of all plant Raterlals and cther llp+dsoapa- tiatsrse, flower ead atirob bod definition, propossd plant salertal at water* sisM Is ap" opciste relation to scale, species and 4i ti of sainting plaa2 material, proposed, treatsent- of 'all- Around �u�tacei (a.i• pwia�. turf; -gravel, .atc.i._lo6atI4Vr of trat+i+: eat *to, and a, plant material scnedu2e with+ .00woti aM" botanical - nMes, &lass ae+d qua.ntIt1*6. Landacaping will he oospleted in a logical phasing asyu es ce o0s men su r a t e with the phasing of t h • i up ro. amen t s ooa t e ►- plated Ln the Construction schedule, but in no event later than 6,:•444 ry. o 756 one (1) year cfter the date of the Certificate of Occupancy for the Project. The current eatimated cost of such lsndacaping improvements to agreed by the City tngineer to be 110,000.W. Such oost estimate shall be updated by the City tngirieer vben Owner actually applies for a building Permit for the Project and Inhibit 'A' shall be &mended accordingly at that ties. It 1s the mutual understanding of the parties that a Certificate of Occu- pancy may Issue for the Project arson though the lanQacaping improvements have not yet been oompleted, so long as the portion of the tuaranty provided for in Paragraph S hereof which oovere the estimated cost of wet, unfinished landecaping r4matns avail- abla pursuant to the terms of said Paragraph S. /. Construction. Schedule. Owner tvpresents to City that en accurate construction schedule cannot be submitted at this time. Owner anticipates that construction of the Project will coe,menc•e so lat-et than ALagust_af 1915 apd be opepleted no later thm QecV-V-- ber of INC. Psior to the -issuance of t_WuIL4irig-t ter'LDa Project and .aa_ .a condition precodent• -Sterns. a(f+nar+Rgre'�m.-u pro- vlds, the .City- tnginf.ring Department Witt a die ta11 00"trYc♦4" @C.hadule, to tho satisfaction of_tlse--City tnginesr avail-Chlaf iuildinq Official, which ►1,al1 particularly address-bov-mnatruc- tior, phasing and other techniqu w will best accoarodats order the circumstancas (a) -'barricading ar►d provision of pedestrian protec- tion, (b) excavation access and large truck traffic and staging areas, (c) 6e11very and storage of major materials-, (d) oonatruc- I n__ ti , V*'- 444 h_ o 7 5 7 Lion equipment acres* and storage, and (e) oontractor vehicle parking. ouch construction schedule shall be verified by the signatures of the City [ngineer and the Chief building Official and recorded as a supplementary exhibit hereto. Amendments to the construction schedule, if any. shall be processed in the Project Review process established in Paregraph 10 hereof, verified by signatures of the City tngineer and Chief building Official, and recorded au supplementary eshibits hereto. S. tnancial Assurances. In order to secure the perfor• Banc* of the eonetruction and installation' of the imprmwents described In Paragraph 1, 2 and I above, and tc quarante* one bun - 'I dred percent (1001) of the, current estiasted cost of such I prove- •ants reyd aq by the City tngine*r to be 1I5,051.00 (as weT amount may be updated from time to time so herein provided). Owner shall { • M•r-.: guarantee, by sight dcaft.or-lett*r-of oommitsent or cr'odit from a tinanclall_r Cgspo'nsible .hndlr (sitDeE of •�ntL Lp.Oi ittevocable -- r until such eon*tructim is Completed), that funds in the amount of -� such eetisated cost are held by it for the account of Owner for �i the oon s t r oct i on and installation of the above- d e a cr i bed laser av t ' " nts. Said guaranty shall be delivered to the Cl-ty littor tb-•tht issuance to Own*r of a building perait for the Project, shall be In a fors acceptable to the City Attorney and the City Manager, and shall give the City the unconditional right, upon default by th* Owner, to *withdraw funds upon demand to partially or fvlly complete and/or pay for any of such isprovesents or pay any out- I b flr•444 w, 0 758 standing bills for work done thereon b-f any party, with any sacess guaranty funds applicable to additional adwinistreti r or legal costs aaaociated with any aucti defsult and the repair of any deterioration In improvements already constructed. As portions of the rwvvired improvements are completed, the City tngineer shall Inspect thea, and upon approval and written acceptance, he shall authorise the release from the guaranty delivered by Owner of the &greed astiaated cost for that portion of the improvements except that ten perce at (101) of the estimated cost shall be withheld until all proposed 1 sip rev em e n t s are cos pl e t ed and approved by the City a►gineer. Provided, that the withh_:d tan percent (10%) which relates to the improveaents described in Paragraphs 1 and ! •� above shall be released by City upon completion and approval toy the City tngineer of --all such Parograpt; 1 and 2 Improvements au�Q r►9ardle4a or the-stege_'1of •oo4.l*tion_•of_ landscapee tmyrg►emfnts •escribod In Paragraph 3 above. The Owner also ogreea to deliver to the C3E ,, aeon demand therefor by the City "inter, a ■aintenance bond or other suit- I- S,..' able guarantee for the repair or-replacveeht of any existing Muni- cipal' isptovesents damaged during construction of ,no, improve - wants. Furthermore, Owner hereby agrees to and dw a hereby warranty 1 all such improvements to accepted standards of good works a,,ship ` for a period of one (1) year fros and after acceptance the.vof in writing by the City. In additior to this warranty, the Owner f s- r j-j "'444 "'u 0 759 •hall obtain from his contractors customary warranties of good aor ksan sa i p w i tb the City as beneficiary, with re s pact to a l l improves►ents required by larayraphs 1, 2 and J. It is the express anderstardinq of the parties that Um pro - coders set forth in Paragraph 13 of this Agraes.ent repardinq won- ooe>p l i a.n ce Shall not be required with r es pe ct to the en f o rcma en t and iaclesentation of the financial assurances set forth herein sad required by :*ction 20-141c) of t►e Municipal Code. 6. tmploree feusinq. As an leduceaant to the City to app roe a the t . 0 . D . , Amer ► as ag r e-ed to and has hereby ac k nov- ION# big obligation to provide nineteen (19) 'slaploy-ae housing' bedrooms as d e s cr i bed herein and defined by the Code • %d req u l &- boas of the City of Aap'en or its dasigno*, in oortnaction with the btel ft-0J ct: friof to. A" Iasuanoe of a Certif-Lcats-=bt-.Qomr- MUCY J� t�>F-=t•fatts •iiid •/ • curdition -N sEc¢ent tlrece>:o;-.Arser agreae to and &ball Provide for see by total anployees a minim�6s Of fiftten (13) off -site seplores badrvt-ss, damd restricted to City og ren t aY aim sale pr i oq., gpv,,&_1 1 f i c a t lope .and . oxnpan cy g u f d e l i ne s in o f f act at the t i &a aw c h bed r coma are so Pros i6ad , wh i ct b od rooms &hall be In i t oo.e c a t ep o r 1 oo , a i s ee , 000fig•rations (ixcludinq facilities and amenities) and loca- t i om (s) as say be acre p t ab l e to the City (or i ti d es i g n♦e , wb i ch Imy be the Aapen/Titkin Dousing Authority), by oorlstructinq new deer rostricted units or by purchasing existing fro* market units and oonverting them t.o deed restricteC 'employer bowing' status. 10 VA 1 VA 1 '� � a ,��_^G-_•�w xri.�Y.�y�" ,�.;:-�it'� ;a�. �r-4t pa/Ji'1 ; 4 1.+�+(}�fM� �. k" 444 mu 760 ez /roelivd, tAat "s Owner shall have the right to tatsry to substi- tute oU * r off -site employee be,d rooe a for soae or all of tse f i f - te*n (IS) oft -site bedrooes Initially prvvid*d r above required, ab long sa (1) the locstion, sire and oonfiyuration of auaf+ enb- st1tste ►wdrooms 1s ecceptable to the City or its designs, (ii) the ■isism nusaDac of acoeptsble 61e400yee bedrooas required by this Paragraph • rsaaln- available at all times, and (III) the aurae 4004 reetrltttsws are Imposed apor, t►* substltnt• smelts prior t.o 0cc6psncy of the substitute units. Upon tAoi oommpletior, of svc* sob. t i t a t i on as above r eq u i red , the City s b a l l re l e aH the deed restrictions upon those off -site bedrooas which save bs+n reylaoed wit,h aubatltuts bedrooaa. In sddltl(m to tb* fifteen (13) off -site employee ►edroo,as. Oraas aDa 11 ►nos ! 6r,. pr Iei to- the •1 as wan of of -a- Gr t i f. i;Qap Cs et }' ►a . I Oocspaae7 for tke Pm J ect and as a pond 1 t i oe preo"am t ►ereto, to -or -(t) cov en i et restricted oe s i t.a sap 1 oTey - lid rbow6 • v 1 thin tb* Project Itself,:aacb of which b*drooss aLall be at 1fiat lee 09"rtt feet In s t'iti and shall be used " I.el i by so t-e l IV+aya , amd -11 a 11 die 1 i 1 et to the City wi appropriate written oor is an t eowerinq such bedrooas in a fors approved by the City Attor-iey and meceyt able for rvoo rd i" . should the owner secure more than f i f - t *— (1 5) off -sit* emp l o y ee beC rooms , Owner's on - s i t c employe* , ►" coos re qu i r a on t shall be red u c*d aY oct 1 Y by the axambe r o f o f ! - site units in excess of fifteen. (15). S F f Q t -444 o 761 Q,ould the Owner, at the time of the Certificate of Occupancy for the Project, not have provided all of the required 1S off -alto employee housing bedroo," , be •hall, prior to the Issuance of the Certificate of Occupancy and as a oondition precedent thereto, covenant -restrict that number of bedrooms within the Project mecessary to cover any shortfall in the off -site housing require- nenta, which temporary restricted bedrooes must meet the sue City eemployee housing guidelines as Owner's oft -site housing would have been required to meet under the terms hereof, and which temporary restricted bedrooms shall thereafter be released from said cove- ae,n!e when Owner Roes provide the required nusaber of eff-site employee boecveraa in the Banner above required. The deed restriction and oovenant restrict Yon and release forma shall be spprovad as to fors by the City Attorney prior to recordation- T. Off -site, Parking. A condition of the approv ♦ie granted ►lTein_and.sert�fth�1S the requLrement that thi Owner- provide 60 eff-ilt• paTting apacvs in oonnecciok. iClt'-`the *ct. Thus, as • Condition of the approvals_grsnted'hec*in and-hOiewith. Owner agrka to provide 60 oft -Situ parkinq spaces in camnection with the ►roject in the mannecrbore inafcer des'crLb*d. Owner-agreei. to participate with "-w City -in the flnanciny,.design, construction, operation and maintenance (Including necas&sry capltal ezpend!- Lures) of a 100-veh1cle parking structure on the Rio Grande pro - party, to the sztent of 60 Spaces for Note] quests and employee&. 1a s 1" 4" ►+'1 o N2 At such time as the City undertakes the oonstruction of this structure, Owner shall and hereby agreer to participate propor- tionatel, (Dared on the need for 60 spacrea) in the fiwancirng, "algn, oowutruction, operation and "lntenance (Including neces- sary capital aapenditures) of the parking garage aspect thereof, such flnanclal participation to be in toe form described below. (A) Owner's proportionate share of the cost of oonstru_•tinq the parking structure shall be deteralned by multiplying a fray tion, the numerator of which Is 60 and the denominator of whits li the total nu"r of parking spaces t0 be ovnstructed, tia" the portion or the total construction cost M ncludlnp financiv% cots (Includin-j capitalised interest on bonds, reserve funds and bond. issuance costs), assign, pre -construction and constructiot: coats)) rhicf) to directly related to the parking garage aspect of sucb structure. Amer shall and hereby grass to finance and pay for •ucfh Sharo of the construction cost and to evidence and secvre sect oblijatlon in .the, toilowl nq iafiner� (a) No 1 a t e r -than sixty (LO) da yY t cl 1 oe1 nq ' tine 1 sa ir- ance of a buildlnq ?fruit for construction of the Motel pro- _ jact Nbich is the subJect of this Agresmasnt, Owner @hail Aeliver to the City in the form of Caah or certified -tunas the su� of One burdrod Ytiouaand Dollars (i100,000.00) as"& do,+n pay1went or, such share. If no building parait for a parking garage has been Issued prior to the date of this down pa ym e n t , the City shall promptly ea c rcrw su & tunes in an Interest bearinq account with all Interest earned thereon to accrue to the credit of oener acid be applied to *the balance of Ov no r'a share, in ca lcul et ing the 1l III I111d 11I1il 1 I I I I I I I I I I) 13 V .......... ....... ...... r Ir"4" o 763 original Principal anoint of the be l o►-de s cr i bed P. 19-46 or y loce until the data of lssuanoe of s building ►emit for the parking structure. on which data this sa crow mh a l l be tars,_ Rated ars, all funds rssaining thereln shall be Ie11yered to the City. Further in consideration of Owner's ag rersen t ber e- to to participate (and Amer's actual participatioa) In the sort of the financing, design, construction, ope:atlon and sainteaanoe (including necessary capital anpenditsres) of a oor.lcipal psrki" atrticturs, City agrees that ti a Certtft- cats of Oozypancy Is Is -sued fOr tie motel ►MJ&Ct before a Certificate of Occ-upancy Is,Isaued for the parking structurs, the City shill provide interim parking In the following man- s►e r � 11) The City shall In the Interim, !.[ MI. tr►t wen the o ccn pa:' 01 - gas fats 1: - mind. tlis eocvpanc� of th,s pe rk I aq g of aq a pr or 1 da fo r Ow r a We, _iihf up* r at S De f1ftV*n (1S) designated parting spaces at t:be ulstierg Rio Orande lot snd forty -fire (45) mnassigned spaces at tAe ss i s t i ng Go 1 f Course lot. The right tc aey s o c-h spades shall ezpire upon the issuance of a Certificate Of' OCc upancy for the abo • r-referenced parking garage. fte right to any spaces In the Rio Grande lot after tb* lssuanee of a buildiaq peralt for t" parking gar"* shall be subject to Nsllebility, which may be limited rr r �. 1 ! R . 7 Ott nI4 0761 by construction of the parking gareye, &A City shall u k a ap at the Golf Co u r" lot any s u ct spa oe a which a lost fros the Rio Grande lot. During such interis period, Amer shall be responsible for saintaining ads quata liability insurance mvering all such spaoes &^d for the operation of all such spaces and for tha store &M retrieval of the Golf Course lot vehicles and/or "esengera and hotel guests and for the supervision of Hotel vehicles in the Rio Grande lot by NC*tever adain !strative means (e.g. shuttle buses, etc.) Amer d~Ls appropriate. City small. hnwvsr. be responsible for teepial.tbe a.cassary portlow• of sots lots clear of snow. Ow"e r ar► a l l and bye r e b y dw a Ind a nn i f y City Eros and agaiest Any and all claims or liabilities foc per- sonal injury or property dam a arising out of Owner's as• of such parking spaces except tboae claim caused City's negligence Sc intentional acts. (/ i) The - ra nt a1 ssr k-et e a l use -Or 65ie °. i i = t spaces is stipulated to be 12,112.50 par nonth (such value based on present arontbly cost for racking spew rental within the City of Aspen at $75.00 for diownto+n s, xces am d 13 7 . " for non do-rn torn ap aces) . (111) During any period prior to tlf* isauance of a building Per -wit for the parking structure that the Owr,4 is uaing the City -provided parking "cvs, the City 1� 1 -j, t"Y tot "-'' 0 7 6 S "all draw t roe the e•e cr c v account the ano un t of 12,112.S0 par month In 004ensstion for the allowd ase Of the sixty (10) epsces. (iv) Pros and alter the date of issuance of a building Permit for the parking structure (and it such Persit is issued within 2 years of the issuance of a Certificate of Occupancy for the Motel as providvJ In Paragraph 7(A)(e) hereof), the 6e11wery to thv City of th* escrowed dvwnpayeaent funds and Promissory Mote M&II be Isea+ed ssapensat Ion In full for any further use by Owner of the 60 lnteris parking spaces, and all arsounts previously withdrawn from the escrow Mall be credited back to Amer in deternining the 'balance of Owner's More' for purposes of calculating the principal amount of the.lrosissory ssote d ecribed in paragraph 7(AI(W be (►) the 'balance of Owner's share' shall be rspre&ented by Owner's Prom&_s;ory-iote to the City as bolder which Moto &ball be dated, executed and deposited into escrow with the City as of the date of execution of this Sgreesent-by al-1 partles hereto. The Mote shall be doIITsTe0 out of est•row to the City and becoas a debt (i.e. its 'effective date' shall be) cn the date of the issuance of a bullding permit for the eenstruction of the parkin] garage or 60 days followinq the Nte of issuance of a Muildlnq Per -sit for the Motel Project, whichaver date occura later. no Mote shall be in a form identical to that attached hereto w xxxxxxxxxrxxxxxxxxxrxxxxxrx., tl 16 1 I P' 17., 444 R' ( 0 166 tahlDit 'B' and Dearing slayl♦ interest (which Interest rate way be variable) at the sam" interest rate(s) ar t►s City,@ (or other issuing authority's) bond Issue rates) under ►aregrapto • hereof and reciting an tot default interest rate, and payable in ooneecutive monthly installments of principal and Interest in such amounts as are necessary to oo+er i Principal of, redeeptlon premiums, if any, and Interest on the Clty's (or other issuing authority's) bond(@) (including refund1mg bond(s),If any), and othsr obligations of the Issuer pursuant to the bond ordinance, resolution, or indenture and over the same period of time as the City's (or a other Issuing authority's) bonds) (includinq refunding bo++d(ell under Paragraph • hereof, cosencing on the first day of tLe calendar month follovinp the month (n w0hid) t.be Mote is delivered with all remaining principal and accrued interest being due and payable with the final monthly paysent. To the extent permitted by tts bond issuing authority and subject to such limitations and reaulreaants ai say be imposed by such authorlty at the tin* of the Issuanft - 01 the boe d-" 1",aat'C _Mote shalt bei prepalrabl� may time.and from tin* to time without penalty oc; got Ice dit� Mall be ssa_lgnable by City to any bond feaMIL" -aiutbority. (cl_ Ax security for &aid bte, Owner hereby covenants and /grams that .frog and after the date of delivery to the City of sa1'd Mots, and continuing for so long as any portion of said Note reaaint unpaid, Owner ahs.I collect as part of the daily room rental rate for all rental ro.,as at the Motel soot deed -restricted to employee housing a 'tranaportatlor 1J 0 v r- 44 4 rK, p 7 Marge' in the minisum amount of $5.00 per day on nary roos rental, and shall maintain a separate are accurst• accounting Of the revenues Ienerstsd thereby. Owner ahal l and "raby assigns and pledgee to City such transportation charge revenues as collateral for Owner's performance of his 1.-omis- sory Mote obligations and egre•es to remit to the City each month the portion of such transportation charge revenues necessary to retiry that month'• Mote installment obligation. So lonq as any portion of said Mote remains unpaid, Owner shall maintain a 'transportation revenues reserve account' in a responsible beaktag institution containing aufficte,nt funds to pay one (11 sowihly Mote installment abilpstion in advanct, but shall otherwise be fret to utilise such other transportation Marge revenuee for his own purposes unless and until such time as City finds it necessary to e:arciee its colleteral pledge sights to tht event of Owner's Default In this per,fbM&nce VIE ails ►roaiea-ory Mote obligations,. gyp; tbs ••meet Amer •ball ever be lste Ltd p+yt++g a iconcbr Moto =.lnstallaent obligation to the City, the CI-ty sbtll Lave as right to deaand that Owner increasme-tbo asnunt held in such reserve acoount to cover three (1) M nthly Mote installment obligations in advanct. Owner agreta to cDep-ly with "c! des" and thereafter to uintairn the reserve account at the three (3) month level. City shall have the right to a:amine all records rwetseary to audit the tranaportatign.charge to 1 W ',"* 4" ►L-, p 768 accounting and the related reserve account at any reasonable time or times. TTe foregoing pledge shall be assignable by City to any bond issuing authority. (d) Owner further agrees that the subject Promissory Mot* shall contain a provision to the effect that in the event that controlling interest in the Motel Project to tranaferred from John P. Gilmore to a third person or persons (by sale, foreclosure, operation, of law, or otherwl►e), while said Mote remains unpaid, the City ahall have the right (b,,, not tGe "119ation) to declare the entire renalwirq balance of said Note immediately awe and payable as of the tlfective date of such transfer. ( a ) Should the City fall to obtain a Luilding per -nit far the wnstruction of a parking structure within twc years of the issuance of a certiticata of occupancy for t%o Rotol ►roj-ect, Omer shalT have-tboi tight ar opt -l-q •tct t7gIie:ent an alternative plan fortheprovision of the mquired 60 parking space*, or to dhand that the -City negotiate, to food faith, a lonq tore lease (no less than iS years) for the 60 "parking spots on the Rio Grande and Golf Course Parking Lots. In this event, any balance in the funds ee:-o.ed pursuant to Paragraph 7(A)(s) (111) (being principal plus accrued inter - eat min" monthly rental payaents sfade) shall be credited to Owner in any we leaae arrangement or refunded to his if an alternative parking plan is adopted, and in either case the 11 (� 1 mm )e w IV •444 0 769 aacr"&,i ►r"ioor) ry *,t• ahsll Ar reae)Ivaroe tr+ ar+d aav�- ae) 1" try 0"ar. (t) In addition, Ow"r vlaI1 s+ realor+slDla fot Als /ropr- tlonste Ihsre of tf» or"Lit) costs, arjoa.raos, tnd nscessery •*pits) axpenlltorea of oy.rr (wf, aalntaIAInq or%d re, /sirI"q the prtIM garage #" ct of tho park lnq fsrsge structure (ollovlrq fts wo- /lKlor. OW'"*r here1y further Iaslfns and PledQas anto city the •trare/ortstlon ehsrt•' revenues vollectaA fro+ tloas " ti•e ►y Omer /ursuant to Irregrsp`, 7(A)ir 1 ate• as aollatoral for Orne r' a jprr f ar s an tv at his at) i q st far to psy a /t opor t l an st s Acre of •net, annoal *Perot low .! *al"tone,+.re Ind e*ps1 r S&Ots, wee"God *Ad "tawdry Iayltsl arepo d1tarve. 7ha ilro,"inf /ledp •hall bw Mslfnatls by "a city to any farad• arrstinq authority. ic! In 00mOlderatlor+ of the I►ars-drscrltMd ltnanslsl f!/rtton mr+d rv"vgv*nt op.rst j"sl aost sharl", Over ahsl l w srrt i t l ad to t bo per /e t o o l its* n+d ar )o rs rnt r! a Ot f i nod 17 oet slat iaaty (*#I yrti-nj" a/ac#x iw ths,'anromyte, fts! at Kt-R1_irj_ **s. mjref1/ tM City Idea it Swoyrfats to v&ft owi+tlt ij*' Cht-par11M Ij.Mia In 1** psrtlnq strecturs, City shall &"4 to Ovitar- Ilia If Op" ttgsthapt With Ate /roprtlenst• V 1.i1ad Ir►tarovt in app►r t"a+rt vo l mo r a l aa..on sl o alrf i s 1. Ill 1Acr"11',t ►lntlf1M "1or taLOsl!rlal D#,Yrlr►g!frt !^S 1 r+t , Ow ra r 0 a l l Ind M r ab-y mv-n a •" a to t h a C I t y' a i Ct v r..444 , - 0 770 other governmental or quasi -governmental 9-nt1ty or non-profit corporation) isauance, if possible. of a 'tax increment bond(s)', or other type of bond, in at least the amount of the balance of Owner's share of the parking structure construction oost (including Resign, pre -construction and construction costs and financing costs such as capitalized interest costs, if any, reserve funds, and bond issuance oosts), the proceeds of which bo.nd(s) may be applied by the City to the construction of the subject perking.structure and for any other lawful improvmsent project. tact bond(s) shall boar sieple interest at' s ratets► to be deterslned by the fesuer, shall be retirat)e over a perlod of not mare than 25 years (or other lawful term), and shall be secured by a pledge by the City (or other issuing authority) of the increase in real property taxed and/or sales tax assessed to t-the Note) Jerome. property which will occur u a normal oonaequ*ft" of the renovatim iM e=pansion tAeriot_+conte+piat�:l?gc_tbls Agreayent (or by other lawful security available to t:fe-City or other Issuing, authority). 6owwer, the- bonding itaeit will cause = -no or•-ot h e r charges tb be i mQoerd upon Own. r other than the above,-referencad 'balancc of Owner's share', anQ the.00nsent of Owner provided for herein shall not be interpreted as a oonaent to any form of special assessment district that would result ir. an increase in the real property taxes being levied upon { the hotel property. City will, of course, be reimbursed o-n a oontinuing basis for its bond retirsment obligations relating to the botel share of the parking structure by the monthly i installment payments belnc, &a.d• by Owner under the at.ove-descriwd i ( /roalasory Vote. 21 r a w W 1P f','444 0 771 The Owner further agrees that if Owner has in fact decided to proceed with the development of the Project approved hereunder, Owner shall use his best efforts to cooperate with the City (or other governmental or Quasi -governmental entity) in the lasuance and sale of any Industrial Development bonds in connection with the financing of the parking structure, so long as Owner's parts- ! cipatlo•n, if necessary, in any such industrial 6*velopeent bonding effort complies with all applicable laws and restrictions. f. Planter [ncroscA.ents. Owner agrees to obtain suet. approvals and/or licenses as may be necessary with respect to planters whist, encroach into public sidewalks, prior to the isau- once of a butlding permit for suc+: planters. 10. Periodic Project Reviews. Owner agrees that every six (6) synths following the date of final City approval of this Pra- . ., jest unt1I the construction the. roof to'"ooaplete-,-he w+1I Iia,* with _ the City Planning Office for the purpose of lntorming the ►lannlrq Office as to his progrelas in Oevelopinq.th? Projoct.pursusnt to the terns and prvvielorus of this Ay_eesent. If the Punning Off2ee'.6eems 1t necessary, the Planniny Office will repot[ t.o'the City P l a n n i n9 and toning Commission on the o u t nose of one or wo r a Of Lhasa meetings. The Owner and the City re.ognixi Chat these nHtings are not opportunities for the Owner to avoid c-oaplying with the requiraaents of this Agreeaent but are for purpo"a of providing progress reports and developing ■ut4ally acceptable t 27 t' 4 l t ti r W IV,.__�. f -444 it - 0 772 solutions to any prohlems that may be encountered during the con - it ruction period. 11. Permanent Care and Maintenance of Landscaping. Owner egreee that it shall b�e the perpetual responsibility of the owner ; or owners frog time to time of the Botel Jerome property to main- tain, care for, and replace when necessary, all trees, shrub&, plants, and other landscaping features which may be planted In I connection with or which are otherwise Incorporated In the Rotel Jerome Project pursuant to the Landscape Plan submitted to th.e City a& a part of the Final Flat. 12. Use are. Maintenance of Open Rpace. Owner shall occuFy the Project Open Space It.*. the exterior patio and pool areas shown on the Landscape Plan) for such uses ma nay from time to tine be deemed appropriate by Owner, provided that Such occupsrscy -and tows Shall at all times--be"1n'complIance--wi'th-the then -appli- cable provisions of the Aspen Municipal Carla. Owner "re" that it "all be the perpetual r e s port s i b i l i t y- of 0 i- owrwt eir I wsw S Y from t he to time of t'he hotel J*rose property to faLatala is a i C1QMM-&d attractive condition and in a good-st•rCe bf repair -all y MCl Open 4ace contsined within the Project. 13. hon-Compliance and Request for A&onds.ents or tsten&fons II by Omer. In the event that the City Council deterainea that the Owner Is not acting in substantial compliance with the terms of 1 this A.gremment, the City Council nay issue and serve upon the Owner a written order specifying the allege^ non-compliance and 1 —f I DS 16 C r M M . • . •mad e. 0773 requiring the Owner to cvaae and desist from such non-compliance and rectify the same within such reasonable time as the City Coun- c11 may determine. within twenty (20) days of the receipt of such F order, the Owner may file with the City Council either a notice i advising the City Council that it is in compliance or a written petition. requestinq a hearing to determine any one Or both of the , following satt*rsi (a) MAether the alleged non-compliance *Riots or did *Rlst, or (b) whether a variance, extension of time or s*endment to this Agreement should be granted with respect to any such lion -compliance which is determined to exist. 94pon the receipt of such petition, tAt City Council *hall prompt ly__schedule a 'fieer1r4. to consider the matter-s: set forth in tie Case and desist order and In the petitioin; Thehearing shall � be convened and conducted pursuant to, the.proeeduris normally establlstied by the Ttty --Council for-othor hearings. If the city Council determines by a preponderance of the *vidence that a -non- compliance exists which has not been remedied, it may Josue such orders as say be appropriates provided, however, no order termi- nating any approval granted herein shall be granted without a fin�lnq of the Lity Council that substantial evidence warrants I auch action and affording the Owner a reasonable time to remedy sue►. non-compliance. A final determination of non-cospliance whicf. has not beer remedied or for whicf no variance has been 24 ti t f .. 444 ,, , p ?, granted sha11, at the option of the City Council, and upon written notice to the Owner, terminate any of the approvals contained herein. In addition to the forejoing, the Owner or its successors or assigns may, on Its own initistive, petitior. the City Council for an aaendwent to this Agreement or the Plat or to extend any of the time periods required for performance. With respect to the Con- atructlem stttosule, Ole owner has Wade •ab out saauapttons. ln- cloding the following: (1) Final approval of the Plat and related. documentation Prior to May 1, 19031 (2) Negotiation, arrangeeent and cospletion of pre-conatruc- tton activity- by Darner, lneludlng construction boerowlsrp:. bk4dtvq. cad tfictor selection and contrit-tgr mobil-iiaion-_p Doi to the pre- 3eeted starting date of no later than August 31-.. 191114 (T) Ratification of the estimated sonstruc-tion and dew+lop- mont schidule by the selects•( lender and contractors. (4) Prompt availability of the required labor forces and ooY+atruction sater:als at all necesaary p6hases throughout the oo-matruction period. (S) No interruption in construction operations through the winter months during the actual construction.porioQ by acts of God or other matters beyond the control of the Owner. The City Council shall not unreasonahly refuse to extend the time periods for performance indicated in the Construction Sche- zs 1 1 L t,..•aaa h., C775 dult if Owner demonstrates by a preponderance of the w id*nce that the reasons for said extension art beyond the control of the Owner. despite good faith efforts on his part to accomplish the 14. )lot ict. MotiCes to be given to the parties to th.is A.greesent shall b* deemed given if personally delivered or if d*poaited '.n the United Statta Mail to the pqirtits by regiat*red or ~titled sail st the ealrtssts lndiea;ed bolor, pr et syct otn}r addresses as may be substituted upon written notice by the parties or their succv►sore or assigns: City of Aspen: City Manacler 130 South, Galena Street Aswn. Colczado S1ftt Ovnar: _ John F. Gilmore. sot*l Jtroaa : 310'-tut-:1te11 -ILr;rett Aepe•n; Coitira�b •S-1 f 1 i f with a copy tog rlolland i tart i 600 Laat half, Itsoot , = Asptn, Colaredo 11611 finding Claus*. The provision hereof shall run with • tad constitute a bur -der. upon the title to the sutject prcperty, strnd shall be binding upon and shall inure to the benefit of the O%sneir and the City and their respective heirs, personal repre- sentatives, succtasors and assigns. lf. Applicablt Lev. This Agreea*nt shal! be subject to and construed in acco:danc* with the laws of the State of Colorado and the Municipal Code of the City of Aspen. 1f - e:. 444 ►, p 776 17. severabillty. If any of the provisions of this AAr►e- Sent or any paragraph, sentence, clause, phrase, word or section or the syplfcstion thereof in any circumstances is invalidated, s such Invalidity shall not affect the validity of the remainder of t r the Agreement and the validity of any such provision, paragraph, t sentence, clause, phrase. word or section under any other circus - stances shall not be affected thereby. i 18. Incorporation of Recitals. TAe Ctty and Owner hereby atipilate and agree that the Recitals preceding this Agroeoont are part of the Agreement and are to be Aeeeed Incorporated herein as thoupgh fully set forth. 19. tntire Agreee"ntl Aiondment. This Agreement contains the antlre undsrstandlnq and agreement betwen the partlet bere414 with respict to the tra sactIons'-cont-"Istid- Mr"' rder 'si+d "y be altered or amended-frod-time to tine only by written lnstrLm "t •aecuted 4 each of"the-partial hiratc. - 20. Acceptance of Plat. Opon irecutlor'of this Agre*nent by all parties hereto, the City agrees to approve snd eseeute the Pinal /lanrsed Vnit Development Plat for the botel Jerome-Aenovo- tion and AAdltlon, and to accept the same for recordation in tl+e sa cording Office of ►ittin County, Colorado, upor payment of the recordation fee and oosts to the City by Amer. rx wITwEss wmrRto►, the parties here hereunto set their hands and a.esls the day and year first abrwe written. THE CITY Of A3PrP,, COl.0kADO, 27 sorOle,, i: L0 �.� ME MORANDU M TO: Aspen City Council Aspen Planning and Zoning Cgmjni ssion THRU : Hal Schilling, City Manag FROM: Steve Burstein, Planning 0 ice 1T\ RE: Hotel Jerome Work Session DATE: January 28, 1986 11_rS 111 JM 3 0 1986 Attached for your review is a memo from representatives of the Hotel Jerome outlining some issues for discussion at your work session scheduled for February 3, 1986. The Hotel Jerome is in the process of making changes to their approved PUD agreement in two stages. The first stage of revisions is to address the renovation and addition activities as separate phases of the total Project. The areas under consideration are: parking, sidewalks, curbs and gutters, landscaping improvements, retention of the annex, changes in internal uses, employee housing and notice to the new owners. The Planning and Zoning Commission recommended approval of the proposed amendments on January 7, 1986, and it is expected that the first stage of amendments will be presented to Council in February (or as soon as an amended PUD agreement is submitted) for final PUD amendment approval. The second stage of amendments involves a new design for the addition. The purpose of this work session is to discuss conceptually new plans and any issues related to the redesign. The applicant would like some broad direction from Council and P&Z as to what you consider acceptable uses in the addition and what particular impacts will need to be addressed in the PUD Amendment. The nature of this discussion should be general and non -binding, since we will have to review a formal application at some later date. Some of the main subjects that we expect to be discussed include: o Elimination of all retail shops from the Project; o Adding no more restaurant capacity than presently exists; o Including more rooms in the addition than approved in the original FUD Agreement; 0 Including on -site parking for guest and employees use; o Generation of employees; and o Architectural design of the new addition. Your throughts in advance and direction at the meeting will be greatly appreciated by the applicant. SB:jlr SB . 7 MEMORANDUM TO: City Council and The Planning and Zoning Commission FROM: The Hotel Jerome DATE: January 21, 1986 RE: Work Session - February 3, 1986 Format: For reasons described in this Memorandum, the Hotel Jerome is undertaking a two -stage amendment to the PUD Agreement for the renovation and addition to the Hotel Jerome. The first stage merely clarifies the renovation and addition as separate phases of the Project. The second stage and the purpose of this work session involves a redesign of the addition. In this Memorandum, we will review the process and the original design as approved. The changed circumstances leading to the required redesign will be enumerated. Finally, we are soliciting your ideas in reference to the new design to leave us with a clear understanding of how best to blend the Hotel needs with those of the community. History of the Process: The Hotel PUD was processed in 1981 and 1982 under an exemption from GMP because of the historical significance. Thus, what is built will be deducted from quotas but does not have to go through the GMP process. The PUD allows for a total project of 128,822 square feet of habitable space. The original design for the project contained restaurants, hotel rooms, and retail stores as follows: - 105 guest rooms and suites - 4 employee rooms on -site and housing for fifteen employees off -site - Food and Beverage facilities as follows: . 80-seat gourmet dining for dinner only . 175-seat garden room serving breakfast, lunch and dinner . 130-seat living room serving lunches, dinners and late night meals • 65-seat terrace cafe serving three meals daily with outdoor summer service • 235-seat nightclub • 75-seat Jerome Bar • Retail shops totaling 13,000 square feet of net leasable • Parking off -site for 35 employee cars and 25 guest cars, to be provided in the City"s 400-space parking structure on the Rio Grande property Changes in Circumstance: The original concept was to remove the Hotel Annex and do the renovation and addition together. The new owners decided to phase the project and to retain the Annex for kitchen and employee housing. Thus, the old and new cannot be physically joined as originally intended. Secondly, recent market analysis has shown that the amount of space devoted to restaurants and retail is not warranted at the Jerome. Originally planned were 450 restaurant seats plus 315 bar and nightclub seats, plus some fifteen shops. The current plan adds no more restaurant capacity than presently exists, some 225 seats including the private dining room and tea room, and eliminates all the retail shops. Thirdly, while the CC zone has no parking requirement, it has always been recognized that good business requires the Jerome provide parking. The tentative schedule is to begin the addition in 1986. If parking can be provided on -site, it will benefit the Hotel and the town. Thus, the new design will attempt to incorporate parking. Finally, a redesign is necessitated by the Park Service. In evaluating the Jerome for listing on the National Register of Historic Places, the Service agreed to list the Hotel with an addition but not with the addition as originally designed. The objection involved the five -story arches filled with bay windows, so the facades must be redesigned. - 2 - While all these circumstances have necessitated the redesign of the addition, the benefits to the site, the neighborhood and the Aspen community from this exercise will be positive. Consider the impact of the Jerome with 450 restaurant seats, some 15 retail stores and no on -site parking. Reducing restaurant capacity will decrease employees and site visits. Deletion of the retail space will save some 25 to 30 employees, and will further reduce car trips to the property for shopping. Finally, on -site parking will reduce the need for employees to retrieve cars from off -site and eliminate cars standing in the Main Street loading zone during delivery and pick-up. Issues: As currently envisioned, the addition will have parking, commercial space of some 6,000 square feet and the balance in hotel rooms. To operate profitably without the shops or added food and beverage facilities, more hotel rooms became an economic necessity. Further, adding rooms benefits the community by housing skiers in Aspen in the core area. A full service hotel in town reduces auto trips and provides the type of resort experience designed to stimulate return visits. At issue also is the access and egress for the property by guest and employee cars as well as delivery and service vehicles. Also, we seek your input on the footprint, location of open space and general layout of the addition. We also hope to work with the housing office to establish the ratios of employees and parking to the project impact in light of the proposed redesign, and seek your input on these ratios. PH/nkb Perry Harvey - 3 - November 25, 1985 HOTEL JEROME Floor Area Calculations Existing Hotel: 110 x 100 x 4 44,000 sq. feet Annex: 1,500 x 3 4,500 Bathrooms: 405 x 2 810 Gross Square Footage: 49,310 Excluded Areas: Center light shaft 1,332 Lower level mechanical & storage 2,000 Lobby level storage 600 Upper floors storage 690 Annex: Lower level storage 437 Lobby level 181 Loading dock 96 Bath: Basement 405 Total: (5,741) Floor area in old: 43,569 Land area 47,712 FAR 2.7:1 Allowed square footage 128,822 Existing 43,569 Potential addition 85,253 V ILd i SLEEKER STREET .qI.,— I I z {III I i j OPOS AWIf ION I I .0 LEY BLOCK 79 w �� I I 1 { I I I I { u 1 I i k i i ..DI[ • ...:..a .t a.a. J j w.ur• rar.n niwn W, I 0.1, 1+ hl m HOTEL JEROME RENOVATION AND ADDITION FINAL PLANNED UNIT DEVELOPMENT PLAT F3 !- I i E1 O ` RE3F3BR r'y>'®w�0<'e.YM NN oIW ow�M OWNER'S DEDICATION CERTIFICATE .rrEefr.T .. fq.tD il�.Q.eM/V PN(IPERTY DESCRIPTION .a.t SURVEYOK'S CERTIFICATE w �'.aa�o ."a[vwiD eu�anti �». •� �i±n''w rinQ1pMOi �;^�+,•^� �" �'�.'w CERTIFICAT�F: Ot' l�'41.E ft Ay.w lid IN +w mts n n� c�vw O..Yt06. IR.. gll'Xn. >TwRO .. M .i�u.m q I'I.ANNINC AND ZONING ��gg/.`e w+a+awn.•..'.`Qw`�<" (OWMISSION APPROVAI."r"oa:ea 4 Win. n w m`in( °nanuia { I P.r .L1..i1.oa er.,�p �ar^ir.�jy.% ,V 1►Mr_ .y.. , •e . NlyO'I i IV 1107A CITY k:NGINEkatti APPROVAI. =jj&Kw� {m O.DS., �_RNQ�IIF�� :1. � H!�]..r• � .M) r{.[/�•/I,�[p1 4.l l.r. 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