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HomeMy WebLinkAboutresolution.apz.012-2022RESOLUTION #12 (SERIES OF 2022) A RESOLUTION OF THE ASPEN PLANNING AND ZONING COMMISSION RECOMMENDING APPROVAL BY CITY COUNCIL OF THE ABILITY OF CERTAIN DEVELOMENT PROJECTS TO PAY FEE -IN -LIEU FOR REQUIRED AFFORDABLE HOUSING MITIGATION REQUIREMENTS, PER MUNICIPAL CODE SECTION 26.470.110.C. WHEREAS, The Affordable Housing Certificates Program has been established as the preferred mechanism within the Land Use Code to provide required affordable housing mitigation; and, WHEREAS, the Land Use Code provides a process for an applicant to make a request to Aspen City Council to pay Fee -in -Lieu in meeting mitigation requirements as an alternative to Affordable Housing Certificates in Section 26.470.110.C; and, WHEREAS, Community Development Staff has analyzed the current market conditions for Affordable Housing Certificates and has determined that there is a shortage, making it practically impossible to acquire Affordable Housing Certificates; and, WHEREAS Community Development has presented and discussed this issue with the Planning and Zoning Commission; and, WHEREAS, at a regular meeting on June 21, 2022, the Planning and Zoning Commission considered the requests of three property owners to pay Fee -in -Lieu in meeting affordable housing mitigation requirements, and reviewed staff s memo, and by a five - zero (5-0) vote approves Resolution #12, Series of 2022, recommending Council consideration and approval of the requests to pay Fee -in -Lieu. NOW, THEREFORE BE IT RESOLVED BY THE PLANNING AND ZONING COMMISSION OF THE CITY OF ASPEN, COLORADO THAT: Section 1 Planning and Zoning Commission recommends the following projects be allowed to pay Fee -in -Lieu in meeting affordable housing mitigation requirements: 411 Pearl Court — Building Permit - 1.06 FTE / Category 2 - $399,063.50 114 W Hopkins Ave — Building Pernut - 1.13 FTE / Category 4 - $269,716.36 815 Roaring Fork Rd — Building Permit - .22 FTE / Category 2 - $82,824.50 The FTE and valuations of the Fee -in -lieu as presented are estimates only and will be finalized prior to building permit issuance. Section 2• 11111111111111111111111111111111111111111111111111111111111111111111111IN Planning and Zoning Commission RECEPTION#: 689777, R: $18.00, D: $0.00 DOC CODE: RESOLUTION Resolution #12, Series of 2022 Pg 1 of 2, 08/23/2022 at 09:06:34 AM Page 1 of 2 Ingrid K. Grueter, Pitkin County, CO This Resolution shall not affect any existing litigation and shall not operate as an abatement of any action or proceeding now pending under or by virtue of the ordinances repealed or amended as herein provided, and the same shall be conducted and concluded under such prior ordinances. Section 3• If any section, subsection, sentence, clause, phrase, or portion of this Resolution is for any reason held invalid or unconstitutional in a court of competent jurisdiction, such portion shall be deemed a separate, distinct, and independent provision and shall not affect the validity of the remaining portions thereof. FINALLY, adopted, passed, and approved this 21 st day of June 2022. Approved as to form: i Katherine Johns Assistant City Attorney Attest: Cindy ob, Records Manager Approved as to content: T raissa Mc overn, Chair Planning and Zoning Commission Resolution #12, Series of2022 Page 2 of 2