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HomeMy WebLinkAboutcoa.lu.co.7th & Main St.A066-01A066-01 .---7th & Main Condominiumization •. C'-P A)ti)9D Il Zek .7 R 0. CASE NUMBER PARCEL ID # CASE NAME PROJECT ADDRESS PLANNER CASE TYPE OWNER/APPLICANT REPRESENTATIVE DATE OF FINAL ACTION CITY COUNCIL ACTION PZ ACTION ADMIN ACTION BOA ACTION DATE CLOSED BY A066-01 2735-124-46801 7th & Main Condom iniumization 7th & Main Chris Bendon Condom iniumization Aspen/Pitkin Housing Authority 7/3/01 Approved 12/18/01 J. Lindt PARCEL ID: 2735-124-46801 DATE RCVD: 6/14/01 # COPIES: CASE NO A066-01 CASE NAME: 7th & Main Condom iniumization PLNR:���1 S'^ PROJ ADDR: 7th & Main CASE TYP: ICondominiumization STEPS:— ` OWN/APP: Aspen/Pitkin Housin ADR 530 E. Main St C/S/Z: Aspen/CO/81611 PHN: REP: ADR: C/S/Z: PHN: FEES DUE: INone FEES RCVD: None STAT: r REFERRALS REF: BYr— DUE:j� MTG DATE REV BODY PH NOTICED i I DATE OF FINAL ACTION:��D REMARKS CITY COUNCIL: PZ: CLOSED: lZ BY: BOA: cT\N DRAC:�— PLAT SUBMITD: �1 PLAT (BK,PG): �700P�ADMIN: ORDINANCE NO. 2 T (SERIES OF 2000) -� AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ASPEN APPROVING THE CONCEPTUAL AND FINAL PLANNED UNIT DEVELOPMENT, THE CONCEPTUAL AND FINAL SPECIALLY PLANNED AREA, REZONING TO THE AFFORDABLE HOUSING (AH-PUD-SPA) ZONE DISTRICT, SUBDIVISION, EXEMPTIONS FROM THE SCORING AND COMPETITION PROCEDURES OF GROWTH MANAGEMENT FOR AFFORDABLE HOUSING AND AN ACCESSORY COMMERCIAL STORE FOR THE 7T" AND MAIN STREET AFFORDABLE HOUSING AND CORNER STORE PROJECT, LOTS A, B, AND C, BLOCK 19, CITY AND TOWNSITE OF ASPEN. Parcel No. 2735.024.09.351 WHEREAS, the Community Development Department received an application from the City of Aspen, owner and applicant represented by the Aspen/Pitkin County Housing Authority for Rezoning, Subdivision, Conceptual and Final Planned Unit Development, Conceptual and Final Specially Planned Area, and exemptions from the Growth Management Quota System for affordable housing and accessory commercial space for a mixed -use development to contain eleven (11) affordable housing units and a small commercial store appurtenant to the principal residential use; and, WHEREAS, the subject parcel is located at the southeast corner of 7" and Main Streets, within the Main Street Historic District, and is legally described as Lots A, B, and C, Block 19, City and Townsite of Aspen; and, WHEREAS, pursuant to Section 26.415 of the Land Use Code, the proposed development has received conceptual development approval from the Historic Preservation Commission, pursuant to Resolution 99-41, and is subject to final development approval from the HPC; and, WHEREAS, pursuant to Section 26.304.060, the Special Review for Parking and Floor Area has been combined with the Planned Unit Development review and the Residential Design Review has been combined with the Historic Preservation Commission review; and, I WHEREAS, pursuant to Sections 26.304, 26.310, 26.440, 26.445, 26.470, 26.480, and 26.710 of the Land Use Code, land use applications requesting land use review for Rezoning, Specially Planned Area designation, Specially Planned Area Conceptual and Final plan adoption, Planned Unit Development designation, Planned Unit Development Conceptual and Final plan adoption. Subdivision approval, and exemption from the scoring and competition procedures of Growth Management for affordable housing and accessory commercial space may be approved by the City Council at a duly noticed public hearing after considering recommendations by the Community Development Director, the Planning and Zoning Commission made at a duly noticed Ordinance No. 2. Series of 2000 Page I 111111111111111111 IN U11 11111111111111111111111 IN 442658 04/25/2000 03:42P ORDINANC DAVIS SILVI 1 of 7 R 35.00 D 0.00 N 0.00 PITKIN COUNTY CO DEVELOPMENT ORDER of the City of Aspen Community Development Department This Development Order, hereinafter "Order", is hereby issued pursuant to Section 26.304.070, "Development Orders", and Section 26.308.010, "Vested Property Rights", of the City of Aspen Municipal Code. This Order shall expire on the day after the third anniversary of the effective date of the Order, unless a building permit is approved pursuant to Section 26.304.075, or unless an exemption from expiration, extension or reinstatement is granted or a revocation is issued by the City Council pursuant to Section 26.308.010. This Development Order is associated with the property noted below for the site specific development plan as described below. Aspen/Pitkin County Housing Authority, 530 E. Main St., Aspen, CO 81611 Property Owner's Name, Mailing Address and telephone number Lots A, B, C, Block 19, City and Townsite of Aspen, CO 81611 Legal Description and Street Address of Subject Property Specially Planned Area, Planned Unit Development, Rezoning, Subdivision, GMQS Exemption Written Description of the Site Specific Plan and/or Attachment Describing Plan City Council Ordinance #2-2000 , February 28, 2000 Land Use Approval(s) Received and Dates (Attach Final Ordinances or Resolutions) March 10, 2000 Effective Date of Vested Rights (Same as date of publication of notice of approval.) March 11, 2003 Expiration Date of Vested Rights (The extension, reinstatement, exemption from expiration and revocation may be pursued in accordance with Section 26.308.010 of the City of Aspen Municipal Code.) Issued this loth day of March, 2000, by the City of Aspen Community Develonment Director. Julie Ann Woods, Communi J G. P1anning.Aspen. fonns.DevOrder Director public hearing, the Aspen/Pitkin County Growth Management Commission made at a duly noticed public hearing, the Aspen/Pitkin County Housing Authority Board made at a duly noticed public hearing, the appropriate referral agencies, and members of the general public; and, WHEREAS, the Fire Marshal, Aspen Consolidated Sanitation District, the City Water Department, City Engineering, the City Zoning Officer, City Parks Department, the Aspen/Pitkin County Building Department, the Pitkin County Planning Department, the Environmental Health Department, the City Transportation Department, and the Community Development Department reviewed the proposal and recommended approval with conditions; and, WHEREAS, during a duly noticed public hearing opened on January 11, 2000, the Planning and Zoning Commission considered a motion to approve the project and the motion failed, by a one to six (1-6) vote, resulting in a recommendation that the Aspen City Council not approve the Rezoning to Affordable Housing, Subdivision, Conceptual and Final Planned Unit Development, and Conceptual and Final Specially Planned; and, WHEREAS, during a duly noticed public hearing on January 19, 2000, the Aspen/Pitkin County Housing Authority Board recommended, by a seven to zero (7-0) vote, that City Council exempt the affordable housing proposed in the application from the competition and scoring procedures of Growth Management, with conditions including the provision of a 12" affordable residence instead of the commercial space; and, WHEREAS, during a duly noticed public hearing on January 25, 2000, the Aspen/Pitkin County Growth Management Commission considered a motion to recommend an exemption of the accessory commercial space proposed as a small store and the motion failed, by a zero to seven (0-7) vote, resulting in a recommendation that the Aspen City Council not exempt the commercial space from the scoring and competition procedures of Growth Management; and, WHEREAS, the Aspen City Council has reviewed and considered the development proposal under the applicable provisions of the Municipal Code as identified herein, has reviewed and considered the recommendation of the Planning and Zoning Commission, the Aspen/Pitkin County Housing Authority Board, the Aspen/Pitkin County Growth Management Commission, the Community Development Director, the applicable referral agencies, and has taken and considered public continent at a public hearing; and, WHEREAS, the City Council finds that the development proposal meets or exceeds all applicable development standards and that the approval of the development proposal, with conditions, is consistent with the goals and elements of the Aspen Area Community Plan; and, WHEREAS, the City Council finds that this Ordinance furthers and is necessary for the promotion of public health, safety, and welfare. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO as follows: Ordinance No. 2. Series of 3000 111111111111111111111111111 Page'_ 442558 04/25/2000 03:42P ORDINANC DAVIS SILVI 2 of 7 R 38.00 D 0.00 N 0.00 PITKIN COUNTY CO 51 Section 1 Pursuant to the procedures and standards set forth in Title 26 of the Municipal Code, the Th and Main Street Affordable Housing and Corner Store project, consisting of eleven (11) permanently affordable dwellings, a commercial store of approximately 650 square feet, and accessory uses, is hereby granted Conceptual and Final Planned Unit Development, Conceptual and Final Specially Planned Area, Rezoning to the AH-PUD-SPA Zone District, Subdivision approval, and exemptions from the Growth Management Quota System for affordable housing and accessory commercial space, subject to the conditions of approval described hereinafter. Section 2: The Official Zone District Map of the City of Aspen shall be, and is hereby, amended by the Community Development Director to reflect Lots A, B. and C, Block 19, City and Townsite of Aspen, as included in the Affordable Housing (AH) Zone District with a Planned Unit Development (PUD) Overlay, a Specially Planned Area (SPA) Overlay, and within the Main Street Historic District. Section 3• Conditions of Approval: 1. Within 180 days after final -approval by City Council and prior to applying for a Building Permit, the applicant shall record a Subdivision Plat and Final PUD Development Plan. The Subdivision plat shall include easements and signature blocks for any utility mains that are intended to serve adjacent parcels. The irrigation ditch will require a maintenance easement if located on private property. The Final PUD Plans shall include an illustrative site plan, landscape plan, architectural character plan, a utility plan, and a grading/drainage mitigation plan. The landscape plan shall include a signature line for the City Parks Director. The Illustrative Plan shall be amended to provide a ramp for only the Th Street crossing. 2. Within 180 days after final approval by City Council and prior to applying for Building Permit, the applicant shall record a Subdivision/PUD/SPA Agreement binding this property to this development approval. The agreement shall state the ownership and maintenance nature of the common areas of the project. The agreement shall describe the Benedict Commons parking spaces being associated and conveyed with the specific residential units and shall prohibit future conveyance of these designated parking spaces separate from the corresponding residential unit. 3. The Commercial Store shall be limited to 650 square feet of net leasable square footage with accessory storage devoted to the store. Uses allowed in the store shall be sales of convenience items, pre -packed foods, prepared foods which do not require a commercial kitchen. indoor and outdoor seating, and various sundries typically associated with a corner store. Additional similar uses may be approved by the Community Development Director as an insubstantial amendment. Outdoor Ordinance No. 2, Series of 2000 11111111111111111111111111111 IN 11111111111111111111111 IN Page 442658 04/25/2000 03:42P ORDINANC DAVIS SILVI 3 of 7 R 35.00 0 0.00 N 0.00 PITKIN COUNTY CO seating shall not encroach into the public right-of-way. Conversion of this store to an affordable housing unit shall require recordation of a deed restriction acceptable to the Aspen/Pitkin County Housing Authority, provision of an off -site parking space, any necessary review by the Historic Preservation Commission, and a building permit. An amendment to the PUD and change in use approval shall not be required. 4. Parking along Main Street adjacent to the parcel shall be signed for loading and temporary 15 minute parking. Delivery vehicles shall use Main Street to the extent possible. Delivery vehicle parking shall be prohibited in the alleyway. Delivery times shall be limited to the restrictions of the Commercial Core prohibiting deliveries between 9 p.m. and 5 a.m. 5. An antique street light shall be installed at the corner of South 7" and the alley in a location approved by the City Electric Department. 6. Eight (8) parking spaces shall be provided on -site for eight (8) residential units. Three (3) residential units shall receive one (1) parking space at the Benedict Commons Building. An additional off -site parking space shall be provided if the commercial unit is converted to a residence. All of these parking spaces shall be conveyed appurtenant to the associated residential unit and shall not be conveyed separately. The residents shall receive no street parking permits but shall receive guest parking permits consistent with the policies of the City Parking Department, as amended. A note describing the off -site parking shall be included on the Illustrative PUD plan. 7. Zoning requirements for this parcel shall be included on the Illustrative PUD Plan and shall be the following: a. Minimum Lot Size. 9,000 square feet b. Minimum Lot Area per dwelling unit. 12 total units c. Maximum allowable density. 12 units. (1 unit currently commercial) d. Minimum lot width. 90 feet. e. Minimum front yard. 8 feet. (From Main Street.) f. Minimum side yard. 5 feet. g. Minimum rear yard. 3 feet. h. Maximum site coverage. As shown on the Illustrative PUD Plan i. Maximum height (including view planes). 30 feet. j. Minimum dislance between buildings. As shown on the Illustrative PUD Plan k. Minimum percent open space. 1. Trash access area. m. Allowable Floor Area. n. Minimum off-street parking spaces. o. Commercial Square Footage. As shown on the Illustrative PUD Plan As shown on the Illustrative PUD Plan 8,640 square feet. 8 with 3 spaces provided, in fee, at the Benedict Commons Parking Garage. 650 square feet of net leasable with additional accessory storage associated with the store. Ordinance No. 2. Series of2000 1111111111111111111111111111111111111111111111111111 IN Page4 4426'S8 04/2S/2000 03:42P ORDINANC DAVIS SILV KIN COUNTY CO 4 of 7 R 35.00 0 0.00 N 0.00 PIT • 8. The building permit application shall include: a) A signed copy of the final Ordinance granting land use approval and a signed copy of the PUD/Subdivision Agreement. b) A fugitive dust control plan approved by the Environmental Health Department which addresses watering of disturbed areas including haul roads, perimeter silt fencing, daily cleaning of adjacent rights-of-wav, speed limits within and accessing the site, and the ability to request additional measures to prevent a nuisance during construction. c) An exterior lighting plan demonstrating compliance with the Outdoor Lighting Standards of the Land Use Code. d) A payment for school land dedication in the amount of $1.984.32. Building permit fees and land use fees shall not be required as those fees are waived by City Council. e) The appropriate approvals from the Aspen Consolidated Sanitation District for a line extension and shared service agreement, payment of impact fees, specifications for improvements including a new manhole, and an approved contractor to perform the improvements. A pump system will need to be installed for sanitary sewer drains in the basement levels of the buildings. 9. The trash containers provided on -site shall be "bear proof." meeting the standards of Ordinance 13, Series of 1999. 10. Prior to issuance of a Certificate of Occupancy the applicant shall: a) Restore the alley to its pre -construction condition. b) Record a condominium plat. c) The adjacent portions of Main Street shall be signed for 15-minute parking and delivery only. 11. During construction contractor parking shall be limited to the site and currently permitted sections of 7"' Street, Hopkins Avenue, and Main Street. Construction dumpsters, equipment trailers, etc. shall not be located on Main Street. The applicant shall gain approval for construction staging areas within the 7`h Street right-of-way and/or within the alley from the City Streets Director. The applicant shall encourage contractors to car-pool and/or use of the daily parking lots at the airport park -and -ride. 12. The applicant shall wash tracked mud and debris from the street as necessary, and as requested by the City, during construction. 13. Top soil contaminated with noxious weed seed shall not be placed in the Pitkin County land fill and shall be disposed of according to the recommendations of the City Forester. Ordinance No. 2, Series of 2000 I I"III I'lll I'lll' ('lll "I' I'll' II'I"I III "I'I'lll IIII Paget 2658 04/25/2000 03:42P ORDINANC DAVIS SILVI 5 of 7 R 35.00 D 0.00 N 0.00 PITKIN COUNTY CO 14. Final Category and sales or rental prices shall be determined by the Aspen City Council prior to occupancy of the residential units, after considering a recommendation from the Aspen/Pitkin County Housing Authority. 15. The applicant shall record the Planning and Zoning Resolution, the Growth Management Commission Resolution, and the Housing Board Resolution with the Pitkin County Clerk and Recorder located in the Courthouse Plaza Building. There is a per page recordation fee. In the alternative, the applicant may pay this fee to the City Clerk who will record the resolutions. Section 4: All material representations and commitments made by the applicant pursuant to the development proposal approvals as herein awarded, whether in public hearing or documentation presented before the Housing Authority Board, The Growth Management Commission, or City Council, are hereby incorporated in such plan development approvals and the same shall be complied with as if fully set forth herein, unless amended by an authorized entity. Section 5: This Ordinance shall not effect 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 6• If any section, subsection, sentence, clause, phrase, or portion of this Ordinance 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. Section 7: Pursuant to Section 26.304.070 of the Municipal Code, the City Clerk shall cause notice of this Ordinance to be published in a newspaper of general circulation within the City of Aspen no later than fourteen (14) days following final adoption hereof. Section 8: i A public hearing on the Ordinance was held on the 28th day of February, 2000, at 5:00 in the City Council Chambers, Aspen City Hall, Aspen, Colorado, fifteen (15) days prior to which hearing a public notice of the same was published in a newspaper of general circulation within the City of Aspen. Ordinance No. 2, Series of 2000 1111111111111111111111111111111111111111111111111111111111111111111 Page 442658 04/25/2000 03:42P ORDINANC DAVIS SILVI 6 of 7 R 35.00 D 0.00 N 0.00 PITKIN COUNTY CO 0 INTRODUCED, READ AND ORDERED PUBLISHED as provided by law, by the City Council of the City of Aspen on the 14" day of February, 2000. Attest: Kathryn S)1och,tity Clerk Rach�l E. Richards, FINALLY, adopted, passed and approved this 28th day of February, 2000. Approved as to form: zz/� � � - City A o ey Attes - / Kathryn S. ch, Ci6 Clerk C:\home\CHRISB\CASES\7th&Main\Ordinance.doc Approved as to content: Rac el E. Richards, Mayor 1 Ordinance No. 2, Series of 2000 I IIIII I "III I'lll' I�III "I' I'�I' II'll'I III "III I"I I'!I Paee7 442658 04/25/2000 03:42P ORDINANC DAVIS SIL 7 of 7 R 33.00 0 0.00 N 0.00 PITKIN COUNTY CO IN PARKING LEASE AND AGREEMENT Ail" THIS PARKING LEASE AND AGREEMENT is made and entered into as of the A �- day of March, 1996 by and between Benedict Commons Condominium Association, a Colorado nonprofit corporation, ("Lessor") whose address is 715 East Hyman Avenue, Aspen, Colorado 81611 and the City of Aspen, Colorado ("Lessee") whose address is 130 South Galena Street, Aspen, Colorado 81611. WITNESSETH: WHEREAS; Lessor manages the common elements of the Benedict Commons Condominiums, pursuant to the Condominium Declaration for Benedict Commons Condominiums recorded at Reception Number of the Pitkin County real property records (the "Declaration"); and, WHEREAS, the common elements of the Benedict Commons Condominiums includes the parking garage, consisting of the entrance ramp, fifty-eight (58) designated parking spaces, twenty-seven (27) of which are limited common elements appurtenant to the twenty-seven (27) condominium units contained in the Benedict Commons Condominiums, and thirty-one (31) of which are general common elements, and twenty- seven (27) storage bins, all of which are managed by Lessor; and WHEREAS, pursuant to the Declaration, and the Bylaws for the Benedict Commons Condominium Association ("Bylaws"), the Lessor may grant to Lessee a parking lease for the thirty-one (31) parking spaces located in the underground parking garage of the Benedict Commons Condominiums and identified as general common elements on the condominium map for Benedict Commons Condominiums ( the "Lease Premises"), which map is recorded at Reception Number 9005of the Pitkin County real property records (the "Plat"); and, WHEREAS, Lessor desires to lease the Lease Premises to Lessee in accordance with the terms and conditions contained in this Parking Lease and Agreement; and, WHEREAS, Lessee desires to lease from Lessor the Lease Premises in accordance with the terms and conditions contained in this Parking Lease and Agreement: NOW, THEREFORE, for good and valuable consideration, the receipt and sufficient of which is hereby acknowledged, and in further consideration of the terms, conditions, covenants and mutual promises contained herein, the parties hereto agree as follows: 1. Lease of Premises. Lessor does hereby lease to Lessee and Lessee does hereby rent from Lessor the following described Lease Premises: Thirty-one parking spaces in the parking garage of Benedict Commons Condominiums, defined and described as general common elements of the Condominium Map for Benedict Commons Condominiums which map is recorded at Reception No.:�0� of the Pitkin County real property records attached hereto as Exhibit "A" and by this reference incorporated herein (the "Lease Premises"). 2. Term. Unless sooner terminated, as provided herein, the term of the lease shall be ninety- nine years, commencing on the effective date hereof. 3. Use. Lessee shall not occupy or use the Lease Premises nor permit or suffer the same Parking Lease and Agreement for Benedict Commons Condominiums March 4, 1996 Page 1 to be occupied for any purpose except to park vehicles on the Lease Premises in designated parking spaces. Parking upon the Lease Premises shall be open parking only and no development or structures of any nature whatsoever shall be permitted thereon, nor shall Lessee permit more than thirty-one vehicles to park simultaneously on the Lease Premises. Lessee shall use its best efforts to insure that no one parking their vehicle on the Lease Premises with the permission of Lessee parks in parking spaces not included in the Lease Premises. Lessee shall comply with all applicable statutes, ordinances, rules, regulations, orders and requirements relating to the use of the Lease Premises, including any rules and regulations set forth in the Condominium Declaration and/or Rules and Regulations enacted from time to time by Lessor; provided, however, that Lessor shall not enact any Rules or Regulations after the date of this Parking Lease and Agreement that affect or impact Lessee's use of the Lease Premises or the parking garage nor enact any Amendments to the Declaration that affect or impact Lessee's use of the Lease Premises or the parking garage without the prior written consent of the Lessee during the term of the Lease. 4. Access/Operations Plan. Lessor, on behalf of itself and the owners of units in the Benedict Commons Condominiums, hereby reserves the right to access the Lease Premises demised hereunder in order to provide access to such owners and Lessor to the remaining twenty-seven (27) parking spaces and to the storage bins in the parking garage of the Benedict Commons Condominium. Each party covenants that neither one shall impair the other's access to their respective parking spaces in the Benedict Commons Condominium parking garage. Attached hereto as Exhibit B is a plan of operations detailing certain operations of the Parking Garage and Lease Premises. Lessor and Lessee agree that any changes, modifications or amendments to the plan shall be in writing, and executed by both Lessor (with Executive Board approval) and Lessee (with City Council approval). 5. Management. Maintenance and Repair. Lessor agrees to manage and maintain the parking garage, including the Lease Premises, in good repair and condition, including, without limitation, maintenance of the paved area, curbs, drains, lighting, striping, etc. and to keep the parking garage and Lease Premises in a sightly and safe condition. Likewise, Lessor shall pay all charges for gas, electricity and any and all other utility or maintenance charges in or about the parking garage, including the Lease Premises during the term of this Lease. 6. Rent. The rent for the term of this lease shall be a sum equal to 31/58 of the cost of all maintenance, management, repair, gas, electricity and any and all other utility charges, and any and all other costs incurred by Lessor in connection with the parking garage, except maintenance and repair of the storage bins, the cost of which is specifically excluded. Lessor shall include a line item in its annual budget for all maintenance, management, repair, utilities and other costs associated with and incurred by Lessor in the parking garage, broken down into a level of detail mutually acceptable to Lessor and Lessee. Lessee shall have the right to approve the garage line item of any budget before it is finally adopted by the Association. Such budget shall contain a capital reserve for garage repairs, and Lessee shall pay 31/58 of such capital reserves. Any expenses incurred by the Association with regard to the parking garage, to the extent not covered in the approved budget, shall require Lessee approval, unless the expense is in the nature of emergency repairs. Rent payments shall be due within twenty-one (21) days of receipt of a statement of such costs incurred by Lessor, which statements shall be delivered to Lessee at Lessor's convenience, but not more frequently than monthly 7. Storaae Bins. The garage space also contains twenty-seven (27) storage bins, which are limited common elements, associated with the individual condominium units. Any costs directly associated with maintenance or repair of these storage bins shall not be included in the garage budget and shall not be included in the amount for which Lessee is responsible for rent. However, all management, electricity and other utility charges or other charges incurred by the Association in the garage shall be included in the garage budget and shall be allocated between Lessor and Lessee, without any deduction for any portion thereof that might otherwise be allocated to the storage bins. Parking Lease and Agreement for Benedict Commons Condominiums March 4, 1996 Page 2 8. Late Charges. The Lessee hereby acknowledges that late payment by Lessee to Lessor of rent or other sums due hereunder will cause Lessor to incur costs not contemplated by this Lease, the exact amount of which shall be extremely difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges and the late charges which may be imposed upon Lessor by terms of any mortgage or trust deed covering the Lease Premises. Accordingly, if any installment of rent or any other sum due from Lessee hereunder shall not be received by Lessor or Lessor's designee on or before twenty-one (21) days after receipt of a statement for such rent, then Lessee shall pay to Lessor a late charge of two (2) percentage points over the prime rate, as stated in the Wall Street Journal from time to time, on such overdue amount. The parties hereby agree that such a late charge will represent a fair and reasonable settlement of the cost that Lessor would incur by reason of the late payment by Lessee. Acceptance of such late charges by Lessor shall in no event constitute a waiver of Lessee's default with respect to such overdue amount, nor prevent Lessor from exercising any of the other rights and remedies granted hereunder unless the entire amount due, plus late charge, is accepted by Lessor. In addition, any sum for which the Lessee shall be obligated to the Lessor, which is not received on the due date thereof, shall bear interest at the rate of two (2) percentage points over the prime rate, as stated in the Wall Street Journal from time to time from and after the due date until paid. 9. Personal and Proper Taxes. Lessee shall pay, as additional rent hereunder, all personal property taxes assessed against the personal property used by Lessee and located on the Lease Premises for the term of this lease. Likewise, Lessee shall be responsible for any and all sales, use, withholding and other taxes assessed against the Lease Premises for Lessee's use of the premises and Lessee's prorated portion of real estate taxes for the Lease Premises. 10. Liability Insurance. The Lessee, at its own cost and expense, shall provide and keep in full force for the benefit of the Lessee and the Lessor (as named or additional insured) during the term hereof, general liability insurance for claims of liability arising out of, occasioned by or resulting from an accident or otherwise in or about the Lease Premises, in amounts equal to the monetary limitations contained in the Governmental Immunity Act, Section 24-10-101, et seq., C.R.S., as amended from time to time. The parties understand and agree that Lessee is a member of the Colorado Intergovernmental Risk Sharing Agency (CIRSA) and as such participates in the CIRSA Property/Casualty Pool. Copies of the CIRSA policies and manual are kept at the City Attorney's Office and are available to Lessor for inspection during normal business hours. In the event that Lessee ceases to participate in CIRSA, Lessee shall obtain similar coverage so as to not allow a lapse in insurance coverage equal to or better than that currently provided through CIRSA. To the extent permitted by law, Lessee also agrees to and shall save, hold and keep harmless and indemnify the Lessor from and against any and all payments, expenses, costs, attorneys' fees and/or damage to property or injuries to persons occasioned wholly or in part by or resulting from any acts or omissions by the Lessee or any sublessees, assignees or successors. The parties hereto understand and agree that the City is relying on, and does not waive or intend to waive by any provision of this Lease, the monetary limitations, or any rights, immunities, and protections provided by all the Colorado Governmental Immunities Act, as from time to time amended, or otherwise available to Lessee, its officers, or its employees. If for any reason as a result of Lessee's activities, use, or business, it shall be impossible to obtain fire and other hazard insurance on the buildings and improvements on the Lease Premises, in an amount and with insurance companies acceptable to the Lessor, the Lessor may terminate this Lease and the term hereof, upon giving to Lessee fifteen (15) days notice in writing of the Lessor's intention to do so and upon the expiration of the time provided in said notice, this Lease and the term hereof shall terminate. If by reason of the use of the Lease Premises by the Lessee, Lessor's insurance rates for fire and other hazards shall be increased, the Lessee shall pay, as additional rent, the amounts by which the premiums for such insurance are increased. The Lessee waives all rights of recovery against the Lessor or Lessor's agents, employees or other representatives, for any loss, damages or injury of any nature whatsoever to property or persons for which the Lessee is insured. Each party shall give the other party prompt notice of any claim coming to the knowledge of any party that in any way directly or indirectly affects either party, and both parties shall have the right to participate in the defense of such claim to the extent of its interest. Parking Lease and Agreement for Benedict Commons Condominiums March 4, 1996 Page 3 11. Notice of Cancellation of Insurance Coverage. The above insurance poiicies shall contain clauses substantially similar to the following: a. Notwithstanding any other provision in this policy, the insurance afforded hereunder to the Lessor shall be primary as to any other insurance or reinsurance covering the Lessor and such other insurance or reinsurance shall not be required to contribute to any liability until the appropriate limit of liability afforded hereunder is exhausted. b. This policy may not be canceled or changed until thirty (30) days after receipt by the Lessor of a written notice of such cancellation or change in coverage, as endorsed by receipt of a certified letter, unless such cancellation is a result of nonpayment of premium due, in which case, this policy may not be canceled until ten (10) days after receipt by the Lessor of a written notice of such cancellation, as endorsed by receipt of a certified letter. 12. Damage to Premises. If the Lease Premises shall be so damaged by fire or other catastrophe (which is not caused by the fault or negligence of the Lessee or imputable to the Lessee) as to render said Lease Premises untenantable, the Lessee thereupon shall surrender the Lease Premises to the Lessor. The Lessee shall pay rent, duly apportioned, up to the time of such termination of this Lease. Notwithstanding the foregoing, in lieu of any termination of the Lease, Lessor may elect, at its sole option, within thirty (30) days after the event of such damage, to continue the Lease without regard of such damage, whereupon Lessor shall at its expense make the Lease Premises fit for occupancy and the rent shall be abated only for the period during which the Lessee shall be deprived of the use of said Lease Premises by reason of such damage and the repair thereof. If said Lease Premises, without the fault of the Lessee, shall be slightly damaged by fire or other catastrophe but not so as to render the same untenantable for any substantial period of time, the Lessor, after receiving notice in writing of the occurrence of the injury, shall cause the same to be repaired with reasonable promptness; and in such event, rent shall be proportionately abated, according to the loss of use, until the Lease Premises are substantially restored. 13. Sublease. Lessee shall have the right to sublease any portion or all of the Lease Premises to any third party(ies) at any time and for any term and for any fee within the term of this lease. Any sublease shall be subject to the terms of this lease agreement and any sublessee shall be obligated under the sublease to comply with the rules, regulations and covenants imposed on the Lease Premises by the Benedict Commons Condominium Declarations, Articles, Bylaws and Rules and Regulations enacted by the Benedict Commons Condominium Executive Board from time to time. The Benedict Commons Condominiums shall have the authority to enforce said Rules, Regulations and Covenants against any sublessee of Lessee and any sublease with a sublessee shall make it clear that the Benedict Commons Condominium Association has such authority. Lessee shall deliver a copy of any sublease to Lessor for purposes of management of the Lease Premises by Lessor. 14. Sians. The Lessee shall not place nor allow to be placed any signs of any kind whatsoever, upon, in or about the said Lease Premises or any part thereof, except of a design and structure and in or at such places as may be indicated and consented to by the Lessor in writing, which consent shall not be unreasonably withheld. In case the Lessor or the Lessor's agents, employees or representatives shall deem it necessary to remove any such signs in order to paint or make any repairs, alterations or improvements in or upon the Lease Premises, they shall be replaced at the Lessor's expense when the said repairs, alterations or improvements shall have been completed. Any signs permitted by the Lessor shall at all times conform with all municipal ordinances or other laws and regulations applicable thereto. Parking Lease and Agreement for Benedict Commons Condominiums March 4, 1996 Page 4 15. Compliance with Law. Lessee shall obtain and pay for all permits or licenses that may be required for the operation of the Lease Premises in accordance herewith. A copy of such permits or licenses shall be submitted to Lessor for verification of this requirement prior to occupancy. The Lessee shall promptly comply with all laws, ordinances, rules, regulations, requirements, and directives of the federal, state, and municipal governments or public authorities and of all their departments, bureaus and subdivisions, applicable to and affecting the said Lease Premises, their use and occupancy, and shall promptly comply with all orders, regulations, requirements and directives of the Board of Fire Underwriters or similar authority and of any insurance companies which have issued or are about to issue policies of insurance covering the said Lease Premises and its contents, for the prevention of fire or other casualty, damage or injury, all at Lessee's own cost and expense. Lessee shall not use the Lease Premises for any purposes deemed unlawful, disreputable, or extra hazardous. 16. Default/Termination. In the event of a default by Lessee upon any term or obligation under this Lease including any default hereunder by a sublessee of Lessee, this Lease shall terminate thirty (30) days after written notice of such default is given by Lessor to Lessee, if during such period Lessee has not cured such default, in the event of a monetary default, or, in the event of a non -monetary default, Lessee has not taken such action within the thirty (30) day period which will cure the default within a reasonable period of time thereafter. Upon termination of this Lease, Lessee shall remain liable for such amount as may be in arrears and due to Lessor. 17. Surrender of Premises. At the end of the term of this Lease, Lessee shall surrender the Lease Premises to Lessor in good condition and repair, excepting for reasonable wear and tear and acts of God. 18. Governing Law. This Lease shall be construed and enforced in accordance with the laws of the State of Colorado. In the event of any litigation arising out of this Lease, jurisdiction and venue shall rest with the District Court for Pitkin County. 19. Time of Essence. Time is of the essence with respect to the performance of every provision of this Lease in which the time of performance is a factor. 20. Severabilitv_. The terms, conditions, covenants, and provisions of this Lease shall be deemed to be severable. If any clause or provision herein contained shall be adjudged to be invalid or unenforceable by a court of competent jurisdiction or by operation of any applicable law, it shall not affect the validity of any other clause or provision herein, but such other clauses or provisions shall remain in full force and effect. 21. Notices. All notices required under the terms of this Lease shall be given in person, by facsimile transmission, or by mailing such notices by certified or registered mail, return receipt requested, to the address of the party as shown at the beginning of this Lease, or to such other address as may be designated in writing, which notice of change of address shall be given in the same manner. If not sooner received, any notice given by mail shall conclusively be deemed received three (3) days after the date of certification or registration. 22. Entire Lease. This Lease contains the entire contract between the parties and there are no other agreements, understandings, representations, or warranties except as expressly set forth herein. No additions, changes or modifications, renewals or extensions hereof shall be binding unless reduced to writing and signed by the Lessor and Lessee. 23. References. In all references herein to any parties, persons, entities or corporations, the use of any particular gender or the plural or singular number is intended to include the appropriate gender or number as the text of the within Lease may require. Parking Lease and Agreement for Benedict Commons Condominiums March 4, 1996 Page 5 24. Lessee is an Independent Contractor. This Lease is not a contract of employment. No relationship of employer and employee, joint venture or partnership, exists between Lessor and Lessee or between the Lessor and any employee or agent of the Lessor. Lessee shall at all times be deemed to be an independent contractor. Lessee is not authorized to bind Lessor to any agreements or obligations. The term Lessor when used in this Lease shall mean and include the Executive Board of the Lessor and any other agent or employee of the Lessor designated by the Executive Board with the responsibility of enforcing any of the terms of this Lease. 25. Binding Effect. All the terms, covenants, and conditions herein contained shall be for and shall inure to the benefit of and shall bind the respective parties hereto, and their heirs, executors, administrators, personal or legal representatives, successors and assigns respectively. 26. Option to Purchase Lease Premises. Lessee shall have the option to purchase the Lease Premises from Lessor at any time during the term of this Lease, for no cost, other than the costs incurred to condominiumize the spaces for sale, as described below. To purchase the Lease Premises, they must be condominiumized. In the event Lessee desires to purchase the Lease Premises, it shall so notify Lessor and Lessee shall undertake to condominiumize the Lease Premises. Lessor shall cooperate in any way necessary and assist Lessee in such condominiumization of the Lease Premises, but Lessee shall pay all costs thereof, including without limitation, Lessee's and Lessor's attorney's fees, all land use application fees, consultant's fees, plat amendment and recording fees, Condominium Declaration Amendment fees, and exactions or other fees imposed by the City of Aspen for said condominiumization approval. Upon completion of such condominiumization and payment of all such costs by Lessee, the Lease Premises shall be delivered to Lessee, with no further payment to Lessor. 27. Enforcement/Attorney's Fees. Either parry may enforce this instrument by an appropriate action at law or in equity and the prevailing party in any such litigation shall be entitled to recover its costs and attorneys' fees in connection therewith. IN WITNESS WHEREOF, the parties hereto have executed this Lease as of the day and year above first written. LESSEE: CITY OF ASPEN By: Its: L-' LESSOR: BENEDICT COMMONS CONDOMINIUMS ASSOCIATION BY VU14� V, &-AXV Ja es L. Curtis ts: cting President Parking Lease and Agreement for Benedict Commons Condominiums March 4, 1996 Page 6 • EXHIBIT B BENEDICT COMMONS HOMEOWNERS ASSOCIATION 1996 BUDGET Unit Expenses Per Unit Project Project Month Month Year Fire Monitoring Service $3.52 $95.00 $1,140.00 Insurance 12.49 337.08 4,045.00 Common Utilities Avg. Gas Useage 16.19 437.08 5,245.00 Gas Loan 18.77 506.75 6,081.00 Water 20.00 540.00 6,480.00 Sewer 8.75 236.25 2,835.00 Electric 8.34 225.25 2,703.00 Trash Service 5.37 145.00 1,740.00 Prop. Maint. Fee 30.00 810.00 9,720.00 Capital Reserve 20.00 540.00 6,480.00 Subtotal 143.43 3872.41 46,469.00 27/58 Share of Garage 23.18 625.82 7,509.00 Total Unit Expense $166.61 $4,498.23 $53,978.00 Garage Expenses Per Space Garage Garage Month Month Year Insurance $1.94 $112.42 $1,349.00 Common Utilities Avg. Gas Useage 4.83 280.00 3,365.00 Gas Loan 0.46 26.67 320.00 Water 0.17 10.00 120.00 Electric 5.61 325.25 3,903.00 General Maint. 5.17 300.00 3,600.00 Parking Enforcement - - - Capital Reserve 5.00 290.00 3,480.00 Total Garage Expenses $23.18 $1,344.34 $16,137.00 27/58 Share to Units 31/58 Share to City $23.18 $625.82 $7,509.00 23.18 718.52 8,628.00 Approved & Adopted lV0 ( 5 17i 1(o i Curtis ,k Acting Preisident Leowners Association 2 BENEDICT COMMONS HOMEOWNERS ASSOCIATION 1996 BUDGET DETAIL Fire Monitoring - Bid from Robertson Security at $30/mth for on -call fire monitoring + $50/mth for two required phone lines + $15/mth for once per year inspection of system.. Estimated monthly cost at $95 total. Insurance - Estimate total bldg replacement cost of $3 million. Homeowners exp. for Replacement and Liability coverage = $4,045/yr. Garage Liability and Replacement insurance cost = $1,349/yr. Total Insurance cost = $5,394/yr. Common Utilities Gas - Estimate from Project Engineers of $5245/yr for residential unit heat and domestic hot water. Gas Loan - $26,000 loan from RMNG payments of $533.43/mth with 19/20ths allocated to Homeowners ($506.76/mth) and 1/20th or $26.67/mth to Garage. This loan will be paid -off in 5 years. Water - Rough estimate of $20 per unit/mth as per Chris Everhart at City Water and Electric Dept. Sewer - $8.75 per unit/mth as estimated from Metro Sanitation Dept. Electric - Estimated monthly kilowatt hours - 8,100. Charge per kwh is .06461 + 5.2% sales tax = $550.55/mth Garage portion allocated at 60% or $325.27/mth for lights, pumps, vents, etc. Remaining $225.28/mth allocated to units for heat tape and exterior lighting. • • Trash Service - Low bid of $91.05/mth for once per week pick up of 2- 2 yard dumpsters provided by BFI + $54/mth for 1 x per week pick up of 3 - 90gal. Containers for recycling purposes provided by BFI. Total waste removal of $145.05/mth for project. Property Maintenance Fee - Estimated at $30/unit/month Capital Reserves - set at $20/unit/month. GARAGE EXPENSES DETAIL Insurance - $1,520+ $130 for Heating Equipment Replacement coverage. $1,650/yr for the project. Common Utilities Gas - Project Engineers estimate garage heating and snowmelt gas at $3,365/yr or $58 per parking space/yr. Gas Loan - 1/20th of the cost of loan from RMNG at $26.67/mth. This loan will be paid off in 5 years. Water - Water use for cleaning of garage estimated at $10/mth Electric - $325.27/mth or $3,903.24/yr as described in unit expense detail General Maintenance - Estimated at 20 hours per month at $15/hr = $300/mth. ParldnLy Enforcement - Enforcement will be performed on an "as needed " basis and any costs will be billed to violator, unit owner or City as necessary. Capital Reserve - $5 per space per month = $290/mth 4 c • • Housing Office �pitkin � g O City of Aspen/Pitkin County 530 East Main Street, lower level Aspen, Colorado 81611 (970) 920-5050 0 �Fax: (970) 920-5580 Gs�h Av�r0 www.aspenhousingoffice.com May 31, 2001 Chris Bendon City of Aspen Community Development Dept. 130 S Galena Street Aspen, CO 81611 RE: 7`h and Main Condo Plat Dear Chris: Attached are the items for the Subdivision exemption for Condominiumization application for the APCHA project referred to as "7` and Main." Applicant: Aspen/Pitkin County Housing Authority Project Manager: Lee Novak 920-5137 530 E Main Street, Aspen, CO 81611 Project: 7`h and Main Street Affordable Housing. Legal Description — Lots A, B, C of Block 19, City and Townsite of Aspen. Request: The applicant is requesting a condominium form of ownership for the 12- unit building at 7`h and Main Streets. The building is 11 residential units and one commercial unit. Different owners will own each of the 11 residential units. The single commercial unit shall be owned by the City of Aspen and rented to an independent operator. Thank you for your expeditious review of this application. Very Truly Yours, Maryqc;bt s Executive Director Reort Rccrndetl at 11111111111111 ■ III ■iimal Illil MIN 1111111 moloof III ■�I�I IIYI . Rer,lnienr 412624 01/16/1998 f—. 30P WD D�SILVI 1 of 2 R 11.00 D O.-a N 0.00 N COUNTY CO WARRANTY DIsED ICJ a w O H L CL = O LL II O" xW W '111IS DEED, Made this 16 th day of January 19 98. between SEVENTH & MAIN VENTURE, a Colorado general partnership of the ' County of Pitkin and State of Colorado, grantor, and THE CITY OF ASPEN, a municipal corporatio whose legal address is 130 S. Galena Street, Aspen, CO 81611 of the County of Pi tkin and Slate of Colorado, granlee: W 11'NESSEl'll, That the graNnr for and in consideration of the sum of Ten I)ollars ($10.00) and other good and valuable consideration -----------fXlf thRS. file receipt and sufficiency of which is hereby xckli—ledred. has grmled, bargained, sold and anrvcyed, and by tese presents does grant, bargain, sell. covey and confirm, unto the grantee, his heirs and assigns forever, all file real property together will, ilnpro—penis, if any, sounle, lying and being in the County of Pi tkin and State of Colorado described as follows: iti r� Lots A, B, and C, Block 19, CITY AND TOWNSITE OF ASPEN; o-- 9 as known by street and number as: assessor's schedule or parcel number: 'IOGE1 HER with all and singular the heredi[aments and appurtenances thereto belonging. or in anywise npi,crtain rag, and the reversion and reversions, remainder and remainders, rem,, issues and pmfus thereof. and all the estate, right, title, interest, claim and demand wluusocver of live grantor, either in law or equity, of, in and to the above bargained premises, with the hcreditantents and appurtenances. TO HAVE AND TO HOLD the said premises above bargained and described, with the appurtenances, unto life grantee, his heirs and assigns forever. And the grantor, for himself, his heirs, and personal representatives, does covenant, grant, bargain, and agree wand with the grantee, his heirs and assigns, that at the time of the ensealing and delivery of lhem presents, he is well seized of Ube premises above conveyed, has good, sure, perfect, absolute and indefeasible estate of inheritance, in law, in fee simple, and has good right, full power and lawful authority In grant, bargain, sell and convey the same in manner and form as aforesaid, and that the scone are free and clear from all former and other grants, batgains, sales, liens, taxes, nsxessnsnts, encumbrances and restrictions of whatever kind or nature soever, except general real estate taxes for 1998 and subsequent years, and those matters set forth on Exhibit "A" attached hereto and made a part hereof. The grantor shall and will WARRANT AND FOREVER DEFEND the above bargained premixes in the quiet and peaceable possession of the grantee, his heirs and assigns, against all and every person or persons lawfully claiming the whole or any part thereof. The singular number shall include the plural, re plural the singular, and the use or any gender shall be applicable In all genders. IN WITNESS WH REOF the raptor has executed this deed ran the date set forth above EVEXV &_MAJ VGE�TUi�E, a,Colorado,general partnership (;fitR ES. O� C,@J 7ral Partner z�_ OTT ROLLES ( his attorney -in -fact Tarles G. Rolles), General Partner STATE OF COLORADO 55. cntrmynr Pitkin PATRICK J. GAL HR by h atutorney- in-fact, Charles G. Rolles), General Partner The foregoing instrument was acknowledged before me [his / 6 day of January , 19 98 by CHARLES G. ROLLES, as General partner of SEVENTH & PiAIN VENTURE a Colorado >en rat parttnershiP and attorne iin-fact for SCOTT ROLLES and PATRICK J. GALLAG is �ener8l 1'artnersaoi saTg\partnerzhip. My commission expires " Lk , 19 LlA Witness my hand and official seal. / 1 ol r� —0— (� �rL .,, tie _ r'JuLIG' 'If in Denver, inser[ "City find " _ Name .nd Add— of Penon Crcetin{ Ne..ly Created Le{+d DexriDdon (f 1a-35-106.3, GR.S.) No. 932A. Rev. 4-94. WARRANTY DEED (For Photographic Record) Bradford Publishing, 1743 Wax- St., Denver, CO 90202 — (303) 292.2300 — 4-94 CIA EX111B1T "A" 1 Reservations and exceptions as set forth in the Deed from the Citv_ of Aspen recorded in Book 59 at Page 215 and in Book 59 at Page 434 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". Provisions of Ordinance No. 60, Series 1976, designating the property to be part of a historic district. IIIIII IIIII IIIIII 1111I III 1111111111111 III I1I1I IIII 1111 412624 01/16/1998 02:30P WD DAVIS SILVI 2 of 2 R 11.00 D 0.00 N 0.00 PITKIN COUNTY CO