Loading...
HomeMy WebLinkAboutresolution.apz.002-2024RECEPTION#: 702332, R: $18.00, D: $0.00 DOC CODE: RESOLUTION Pg 1 of 2, 05/09/2024 at 02:02:02 PM Ingrid K. Grueter, Pitkin County, CO RESOLUTION #02 SERIES OF 2024 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 provide affordable housing in excess of 0.10 Full -Time Equivalents (FTEs) via a fee -in -lieu payment 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 April 16, 2024, the Planning and Zoning Commission considered the requests of two property owners to pay fee -in -lieu to meet affordable housing mitigation requirements, and reviewed staff s memo, and by a seven — zero (7-0) vote approves Resolution #02, Series of 2024, 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 Approvals: Planning and Zoning Commission recommends the following projects be allowed to pay fee -in -lieu to meet affordable housing mitigation requirements: 433 Gillespie Avenue — Building Permit - 0.63 FTE/Category 2 - $257,268.06 911 Waters Avenue — Building Permit — 0.21 FTE/Category 2 - $85,756.02 The FTE mitigation calculation and valuations of the fee -in -lieu as presented are estimates only and will be finalized prior to building_ permit issuance. Section 2 Existing Litigation: 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and shall not operate as an abatement of any action or proceeding now pending under or by virtue of the ordinances repealed or amended as herein provided, and the same shall be conducted and concluded under such prior ordinances.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 Severability: Planning and Zoning Commission Resolution #02, Series of 2024 Pagel of 2 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 16th day of April 2024. Approved as to form: Terais�s;a E Katherine John , Assistant ity Attorney Attest: T acy T rry, Deputy Cler as to content: ern, Planning and Zoning Commission Resolution #02, Series of 2024 Page 2 of 2