HomeMy WebLinkAboutApplication and Letter'ISTAN CLAUSON ASSOC IAT'ESINc
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11 May 2022
City of Aspen
Community Development Department
Attn: Jeffrey Barnhill, Planner 1
Re: Request for Cash -in -lieu Approval, Molly Gibson Residences
By email: jeffrey.bamhiII@asoen.gov
Dear Jeffrey:
It is my understanding that you are responsible for handling cash -in -lieu requests for
affordable housing mitigation. My client; Little Hopkins Hotel LLC, submitted their
building permit application for the Molly Gibson Residences on 23 June 2020 (Permit
Numbers 0047-2020-BRES & 0048-2020-BRES) and since then have pursued every
available option to mitigate their 2.65 Category-4 FTE requirement.
Those efforts have resulted in four separate purchases of Category-2 credits that
convert to a total of 1.52 Category-4 FTEs, leaving them 1.13 Category-4 FTEs short.
One of the certificates they purchased converts to only 0.04 Category-4 FTEs, proving
how exhaustive they have been in purchasing any amount they could find. Using the
City's Affordable Housing Credits tracking spreadsheet, they have contacted
everyone who owns non -extinguished certificates, the bulk of which are owned by
i
one individual, and no other certificates are available.
They have also attempted to purchase free market condominium units to be
converted (buy -down) into affordable housing units. This was also unsuccessful due
to several buildings that prohibit deed restrictions, or the available units did not meet
certain APCHA requirements.
My client is therefore requesting City Council approval to mitigate the remaining 1.13
Category-4 FTEs via fee -in -lieu as this is the only option to move forward with the
project. We greatly appreciate your assistance in forwarding this request to City
Council.
Sincerely yoursy�
t,
Stan Clauson, FAICP, ASLA
STAN CLAUSON ASSOCIATES, Inc.
LAND USE APPLICATION
Project Name and Address: Molly Gibson Residences; 112 & 114 W. Hopkins Av.; Aspen, CO 81611
Parcel ID #(REQUIRED) 273512455067
Name:
Address:
Little Hopkins Hotel LLC
605 W. Main St., Suite 2, Aspen, CO 81611
Phone#:970 544-4196 email: harris@haymax.com
Name: Stan Clauson Associates, Inc.
Address:400 W. Main St., Suite 203, Aspen, CO 81611
,h .,ft.970 274-3265 ,maf. stan@scaplanning.com
Description: Existing and Proposed Conditions
Fee -in -lieu request to City Council.
Review: Administrative or Board Review
City Council; all other reviews completed.
Required Land Use Review(s):
City Council; all other reviews completed.
Growth Management Quota System (GMQS) required fields:
Net Leasable square footage Lodge Pillows Free Market dwelling units
Affordable Housing dwelling units_ Essential Public Facility squarefootage
Have you included the following? FEES DUE: $ 325.00
Pre -Application ConferenceSummary
Signed Fee Agreement
HOA Compliance form
=All items listed in checklist on PreApplication Conference Summary