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HomeMy WebLinkAboutStaff Memo_1340 Snowbunny_Extension of Vested Rights Staff Memo, Resolution #076, Series of 2024 Page 1 of 2 MEMORANDUM TO: Mayor Torre and Aspen City Council FROM: Sophie Varga, Planner THROUGH: Ben Anderson, Community Development Director MEMO DATE: July 15, 2024 MEETING DATE: July 23, 2024 RE: Extension of Vested Rights 1340 Snowbunny Lane Resolution #076, Series of 2024 REQUEST OF COUNCIL: The applicants, Reese House Condo Association, John W Reese Revocable Trust, and Beverly A Reese Family Trust, represented by Chris Bendon of BendonAdams, are seeking an Extension of Vested Rights for a Demolition Allotment at 1340 Snowbunny Lane in accordance with Chapter 26.308 of the Land Use Code for a period of John Reese’s life, plus two years. The Demolition Allotment for the property is currently vested until July 18, 2027 (three years from the effective date of the development agreement). City Council is the final review authority. SUMMARY AND BACKGROUND: The subject site is 1340 Snowbunny Lane. The site is zoned Moderate-Density Residential (R- 15) and is developed with a single-family residence. John Reese and his (late) wife purchased the property in 1973. While the parcel is condominiumized as the Reese Condominiums, it does not contain more than one dwelling unit. The applicant received a Demolition Allotment through the 2024 lottery (Notice of Approval recorded under Reception No. 700837). The Notice of Approval and Development Order are included as Attachment B. DISCUSSION & STAFF FINDINGS: Staff analyzed the application against the review criteria for an Extension of Vested Rights (refer to Attachment A for the complete staff response to review criteria). Applicable criteria can be categorized into two categories – analysis of the status of the approved proposal and the impacts of extending the vesting. Staff finds that the application does not meet the criteria. The applicant has made no progress in pursuing the Development Order and the proposed extension solely serves the applicant. One of the reasons for adopting the demolition allotment system was to reduce the negative impacts of development on neighbors, such as noise and parking constraints. Another goal of the Demolition Allotment system is to manage the pace of development; granting the requested extension is not in keeping with either of these goals. The uncertainty created by the proposed vesting extension, reliant on the applicant’s life span, may lead to uncertain timing on the adverse impacts on neighboring properties. The applicant states that “[a]llowing the demolition allotment Staff Memo, Resolution #076, Series of 2024 Page 2 of 2 to expire will harm the value of the asset and substantially diminish the family estate.” In staff’s evaluation, maintaining the value of the applicant’s property would be the sole benefit of extending the vesting and would be contrary to the established goals of the demolition allotment program. FINANCIAL IMPACTS: ENVIRONMENTAL IMPACTS: ALTERNATIVES: RECOMMENDATIONS: Staff recommends that City Council deny the applicant’s request to extend the vested rights for a period of the owner’s life, plus two years. If Council desires to approve the extension of vested rights, the resolution has been worded in the affirmative. PROPOSED MOTION: Motion to deny the request: “I move to deny Resolution #076, Series of 2024, denying the request to extend the vested rights of a demolition allotment at 1240 Snowbunny Lane for a period of John Reese’s life, plus two years.” Motion to approve the request: “I move to approve Resolution #076, Series of 2024, approving the request to extend the vested rights of a demolition allotment at 1240 Snowbunny Lane for a period of John Reese’s life, plus two years, subject to conditions.” ATTACHMENTS: Attachment A – Staff Response to Criteria Attachment B – Notice of Approval and Development Order Attachment C – Land Use Application CITY MANAGER COMMENTS: