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HomeMy WebLinkAboutresolution.council.060-90 ATTACHMENT C RESOLUTION NO. ~ (Series of 1990) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN ACCEPTING A CASH-IN-LIEU PAYMENT FOR EMPLOYEE HOUSING MITIGATION FOR THE 1990 GMP APPLICATION FOR 409 EAST HOPKINS, THE NORTH 80 FEET OF LOTS D AND E AND LOT F, BLOCK 88. WHEREAS, pursuant to Section 8-106 of the Aspen Land Use Code, September 15th of each year is established as the deadline for submission of applications for commercial development allot- : ments within the City of Aspen; and WHEREAS, a duly noticed public hearing was held by the Aspen Planning and Zoning Commission (hereinafter "Commission") on November 6, 1990, to consider the growth management quota system competition for commercial development, at which time the Commis- sion did evaluate and score two applications; and WHEREAS, the Commission found that the 409 East Hopkins project successfully met the minimum threshold for individual and combined categories for a total score of 28.73 points; and WHEREAS, the Commission recommended approval by special review, with conditions, for a reduction of parking, open spacet and trash/utility services area; and WHEREAS, the applicant has requested to mitigate employee housing with cash-in-lieu; and WHEREAS, pursuant to Section 8-109(J) of the Land Use Code, City Council shall approve the method of housing mitigation and having considered the request does approve the cash-in-lieu payment. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, that in accordance with Section 109(J) of the Land Use Code, city Council does hereby accept a cash-in- lieu payment for employee housing mitigation as required for the 409 East Hopkins project, with the condition that prior to the issuance of any building permits the payment, subject to review and approval by the Housing Authority, shall be made to the Finance Director. BE IT FURTHER RESOLVED by the Council that the mitigation approval as herein awarded shall expire pursuant to Section 8-108 of Chapter 24 of the Municipal Code on the day after the third anniversary of the date of approval of a site specific develop- ment plan, unless a building permit is obtained and the project is developed, or unless an exception from or extension of the approval is obtained. Dated: , 1990. William L. Stirling, Mayor I, Kathryn S. Koch, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of that resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held , 1990. Kathryn S. Koch, City Clerk