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HomeMy WebLinkAboutresolution.council.061-90 ATTAHCMENT D RESOLUTION NO. (Series of 1990) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, AWARDING AN EXCESS DEVELOPMENT ALLOTMENT FROM THE 1991 COMMERCIAL AND OFFICE GROWTH MANAGEMENT DEVELOPMENT QUOTA FOR THE 409 EAST HOPKINS PROJECT. WHEREAS, an application for development allotments from the 1990 commercial and office growth management development quota was received and scored pursuant to Section 8-106 of Chapter 24 of the Municipal Code by the Planning and Zoning Commission in regard to a proposed development project known as 409 East Hopkins; and WHEREAS, the 409 East Hopkins project sought an allotment of 6,823 square feet of net leasable space from the total available 1990 quota of commercial and Qf~ice space of 8,000 square feet; and WHEREAS, in accordance with its ranking for 1990 allotments as determined by the Planning and Zoning Commission, the 409 East Hopkins project was awarded a 1990 development allotment of 5,760 square feet of new leasable space out of the 6,823 square feet requested; and WHEREAS, the 409 East Hopkins project has requested an excess development allotment of 1,063 square feet of net leasable space from the 1991 commercial and office growth management development quota; and WHEREAS, the 1990 commercial and office growth management development quota has been exhausted; and WHEREAS, the Planning and Zoning Commission has recommended to City Council that an excess development allotment as permitted under Seotion 8-103(B) of Chapter 24 of the Municipal Code be granted to the 409 East Hopkins project in the amount of 1,063 square feet of net leasable space; and WHEREAS, the city Council has determined that the excess development allotment as recommended by the Planning and Zoning Commission complies with Section 8-103(B) (1) of Chapter 24 of the Municipal Code. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, THAT: Section 1 An excess development allotment as permitted under Section 8-106(B) of Chapter 24 of the Municipal Code is hereby awarded to the 409 East Hopkins project for 1,063 square feet of net leas- able commercial space from the 1991 commercial and office growth management quota. Section 2 The excess development allotment as provided herein shall be subject to all conditions of development approval for the 409 East Hopkins project as imposed by the Planning and Zoning Commission pursuant to the project's 1990 commercial space allotment. Section 3 In accordance with Section 8-108 of Chapter 24 of the Municipal Code, the excess development allotment as awarded herein shall expire on the day after the third anniversary of the date of approval of a site specific development plan for the 409 East Hopkins project, unless a building permit is obtained and the project is developed, or unless an exemption from or exten- sion to the approval is obtained. William L. Stifling, ~ayor 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. city Clerk