The URL can be used to link to this page

Home My WebLink AboutLand Use Case.100 Puppy Smith St.A49-9391 1 1 , ,kA I & '16. Â» I. I ' CONCER FuLLER ARCHITECTS /3/ .m,& 720 DURANT STREET, SUITE E-8 ASPEN, COLORADO 81611 Â«LY<566113.33333/ --W- 4-Â»Â»Â«Â«/f ~~ ~ - 303/925-3021 - U// / Xi Â«43- 201 WEST COLORADO AvENUE ~ TE]I LURt[)Ii, COL-()11,\00 81435 SuITE .4, Box 1929 303/728-0104 \ 1 9 nJ 142# FACULTÂ¥ . ASPEN 41 Y \ i iw /v~~ I - FOR i AHÂ°*1 I . . CENTE 1 / 3/Â»r \11__aV 0/ .ENVIRONMENTAL 11 STUDIES . FACULTY HOUSING - ,34 8 Units Total - Six studio apartments ancl two 2 bedroom apartments , Enclosed building area: 5,982 S.E TENTS Unenclosed Porch: ' :.0 315 S.F. ~l Â· PROFESSORS RESIDENCES - fi '11 1 N. 2 Residences Enclosed building area: 1,340 G.S.E X2= 2,680 S.E Unenclosed Porch: 400 G.RE X2= 800 S.R ~COMMON COOK AND BATH HOUSE COMMON + - ~ W IMULTY ~ 09/7 Enclosed building area: 1 1,480 S.R Â· O OBELISK < - 6 1-1 USI~C~ ~~~~~ Uneiiclosed Forchi 330 S.F C f 1 -1 -- r - . - NEW COOK HOUSE NEW STAFF HOUSING ~1 4 BATH HOUSE 1 ':03 i DECK FIRE TRUCK , ~A-~-~ ... z---4 '*---T-4.4 ~1 SOLAR PA S . lv-- hJRN AROUND ~ . -- -- - PARK U< -1~ If 'fic -9 - - B D StEit) \ -..1- GRAVEL DRIVE -7-1 -- L---- 4 - DROP OFF \ C d~JEIPSYER-4- RECYCLING BINS , L.=---1 D-WOOD/FENCE E ISTING CAQIN A PROPOSED T BE RESTORED ~ ~ ~- SITE ~ \ 1 RELOC TE EXISTING~ - NEW SOLAR PANELS~ ~ ~ ,~ ELECT ICAL ENGINEER'~ RESIDENCE PROFF SOR RESIDE E RELOCATE PRO*RTY LINE FOR A f f POSSIBLE LAN'3/SWAP WITH THE CIT~- \ \ f 7 / 1 1 Aspen,Colorado \ 1 1 / 11Â» I- ~\-4 - - ~ RELOCATE EXISTING / \93\1 1 0 1 1 -t REVISIONS .U- . . L-/---~ r-----2 > NISTINC ELECTRIC SUBSTATION ~ - POSSIBLE L ~-~ r=/O EMPLOYEE RESIDENCE ~ \0 \<\ i IC ~-- 2 j i---f shall be verified at the iob site. Any dimensiona - ~~ ~ ~ ~~ ~ SWAP W? ACES L Lijj~ f 4 -41 All designs, ideas, arrangements and plans indicated by these drawin s and specifications are the property and copyriA of the Architect and shall neither be used on any other work nor be used by any other persor, for any use whatsoever without written permission. Written dimensions shall take precedence over scaled dimensions and discrepancy shall be brought to the attention of Â«1\ L the Architect prior to commencement of work. \ PROJECT NO. POST OFFICE DRAWN BY: , CHECKED BY: 1 - L ISSUE DATE: . ' ACES Map Amendme SITE PLAN #e, s . SHEET TITLE: . '1_449-93 SCALE 1/ 161' = 1'-0" K~~.00,00/ . ap Â·.... 4' f ekÂ·' 7:. 4. 1/1-; I '.7 -/- 90--21 9 - 9 ...kXKki.K<.Tiiilccj{i - f 'll k ----,/ ./.Ill...-K,Â£#1<~~~/irit1/133;2iff#ts,M--3 tti 1 4-7 i f Â«Â« CONGER FULLER ARCHITECTS - Â»25-3021 720 DURANT STREET, SUITE E-8 ASPEN, COLORADO 816]1 201 WEST COLORADO AvENUE SUITE A, Box 1529 - JENNY ADAIR PARK 303/728-0104 (Â«-Fil---Ii---I---- 32- 141 /ff--1 ~ l 3 --i'-tkyj I ASPEN f CENTER BIRD OF PREY BUILDING FOR PROPOM~ 3~> r--~3 >832 ~~ , ENVIRONMENTAL 1 Ek R~BENC~,3 I Ck- C - 9 - 1/ n 1111 1 STUDIES 4 k + 2/1 -1-L//4091=hÂ»AÂ«////~t~\UÂ«,_1 4<441 1 -1- Al f M ~ DIRECTORS HOUSE i f-- 3 5\ fc f 111 c -- 11441.A,5 f h \,bt- f 11'll 1[3" 1 2 9 HALLAM LAKE ~ r-- ~ACES 11 \\ 2 - 1 f 11 f 3 1 / rÂ«lf 3 ELL_-- \/ 1 1=1 1 F C //0/ C - / 94 7030 - ) C/#7542Â« _ . - < | BARN -al/0- c // IC li =f 1 ) -BERM/SCREEN 1-RAIL < 7044 --9 xt-__-_~---7~ \- --429 / - _ 4-,-c-~r#Y / 1048- ///7 -I---P.* - - //OOM Vi i - 34//up trrÂ« Â»>/-///-----GV-- br-3 EMPLOYEE M SER C - 4 14 -1--1 1 ~ -39Â»---\1\~ i{~ t1 ~-1 _11 --- 1 .LL-, - --1------722 11 -co-- 1 ____~/ EXISTING Ce ' 1 Â«124Â«0- 1 - SITE PUPPY SMITH ST. - PLAN Â«-Lic..//.-S)6 - IA)*ef-44-fr.4 , '1 43-.nu\\\IJ j{Â»1.2/,~ --- 7 2 / JZY <-11 1 1 ' CITY ELECTRICAL 1 1-1 -9 1 1 SWITCHING .4 -t STATION ~ 1 PROFESSORS Â¢ \ 11 HOUSE 3*x f i 4 < f: Aspen, Colorado I Â« , GIVEN INSTITUTE * ~<~>Â«72,J 1 3/ ~ 1 \ ,/j 4/ ' REVISIONS j. 1 r-- 9 1 0--,P ~- f/ 6 1, ' All designs, ideas, arrangements and plans i - t./ -,U indicated by these drawin s and specifications are , .479 the property and copyri~t of the Architect and shall neither be used on any other work nor be / 4 ~ . used by any other person for any use whatsoever POST OFFICE without written permission. Written dimensions shalltake precedence over scaled dimensions and / - \44\ shall be verified at the job site. Any dimensional discrepancy shall be brought to the attention of the Architect prior to commencement of work. C ~ GARDENERS HOusk/ 41/ 1 // 1 \ .lful 19Â©f PROJECT NO. -1/ DRAWN BY: , /yf 1\ 1 CHECKED BY: ISSUE DATE: 7 k \1 + SHEET TITLE: SCALE: 1" = 30' CO*EPTUAL SITE . ~ PLAN - *: =1 CASELOAD SUMMARY SHEET City of Aspen DATE RECEIVED: 09/13/93 PARCEL ID AND CASE NO. DATE COMPLETE: 2735-124-00-009 A49-93 STAFF MEMBER: KJ 2737-073-05-002 2737-073-04-002 PROJECT NAME: ACES Map Amendment, Conceptual SPA, Conditional Use Review, Special Review, & GMOS Exemption Project Address: Legal Address: APPLICANT: Aspen Center for Environmental Studies, Al Dietsch Applicant Address: Box 8777, Aspen, CO 81612 925-5756 REPRESENTATIVE: Representative Address/Phone: Aspen, CO 81611 FEES: PLANNING $2669.00 # APPS RECEIVED 25 ENGINEER $ 234.00 # PLATS RECEIVED 25 HOUSING $ ENV. HEALTH $ 55.00 TOTAL $2958.00 TYPE OF APPLICATION: STAFF APPROVAL: 1 STEP: 2 STEP: X P&Z Meeting Date PUBLIC HEARING: YES NO VESTED RIGHTS: YES NO CC Meeting Date PUBLIC HEARING: YES NO VESTED RIGHTS: YES NO DRC Meeting Date REFERRALS: City Attorney Parks Dept. School District City Engineer Bldg Inspector Rocky Mtn NatGas Housing Dir. Fire Marshal CDOT Aspen Water Holy Cross Clean Air Board City Electric Mtn. Bell Open Space Board Envir.Hlth. ACSD Other Zoning Energy Center Other DATE REFERRED: INITIALS: DUE: FINAL ROUTING: DATE ROUTED: 7 )2 ~,1,7 INITIAL: 51/A' City Atty City Engineer Zoning Env. Health Housing Open Space Other: FILE STATUS AND LOCATION: (3 (Wa R - n o a. c bu~~~u tj . lif lif ~~-01 &00 (r-Â»i Lk- / /01 - April 28, 1995 Kim Johnson, Planner City of Aspen 130 East Galena Street Aspen, CO 81611 Re: Land Use Application , Dear Kim, As you recommended in our phone conversation today, Aspen Center for Environmental Studies agrees to the closing of your active file concerning our September 1993 application for annexation, rezoning and SPA review. ACES has delayed proceeding with such application because we have not yet received title to property upon which we intend to locate staff housing. It now appears that we will receive a deed to such property in the next few weeks. When that occurs, we will contact you or Leslie about opening a new file concerning this matter. Sincerely, 10 /- /Lk Al Dietsch ./*b . , Â£1\ / %41 1 10\ MAY 0 2 1995 ~ C. p Tste.- \*A,/plil''e:1/'~ 100 PUPPY SMITH STREET â€¢ ASPEN, CO 81611 â€¢ 970/925-5756 â€¢ FAX 970/925-4819 Al Dietsch ASPEN Â· PITKIN A.C.E.S. PLANNING & ZONING DEPARTMENT P. O..Box 8777 COMMUNEY DEVELOPMENT DEPARTMENT Aspen, CO. 81612-8777 April 26, 1995 RE: A.C.E.S. Application for Land Use Review Dear Al, I've been meaning to contact you for several weeks regarding the September 1993 application for annexation, rezoning, and SPA review which is still being held in the Planning Office. The last file notation for this case was in early 1994 regarding processing fees. I have not received any new information regarding this project. Because of the length of time which has elapsed and the number of plan changes which were occurring after it was submitted to us, I intend to direct the Planning administration staff to close the file and do a final billing for the project. If there is continued interest in pursuing this application by A.C.E.S., work needs to resume within the next month. Please contact me by May 10 if this is the case. You would then need to meet with a Planner and go over.the current status of the project. If the case is to be closed, Planning would keep one copy of text and drawings in the retired file. If you would wish to retrieve the extra copies (and rendered presentation board), please do so no later than May 10. Contact Suzanne Wolff at 920-5093 if you want these copies held for you. I am retiring from the Planning Office effective June 2. Therefore, I would like to close out this file in May or pass on a revitalized project to another Planner. Please let me know your intentions soon. My direct line is 920-5100. Sincerely, Kim Joifhson Planner CC: Debbie DuBord Suzanne Wolff Bill Efting 130 SOUTH GALENA STREET Â· ASPEN, COLORADO 81611 â€¢ PHONE 303.920.5090 Â· FAx 303.920.5197 Printedon recvcled paper DIREcT F.Ax LINE: 303.920.5439 MESSAGE DISPLAY TO Kim Johnson From: Bill Efting Postmark: Feb 01,95 2:22 PM Subject: Reply to a reply: ACES Reply text: From Bill Efting: I spoke with Al Dietch this morning and told him again that the land swap was not on the top of the city priority list. I told him we would know more after we get further direction on our water department housing project. Preceding message: From Kim Johnson: the file is listed as a rezoning, conceptual SPA, conditional use, special review, and GMQS Exemption. But of course, it is all dependent upon annexation. What we have on file is so old, I don't think that anything within it could be used for a current review. It was submitted in Sept. 1993. You may recall they wanted to swap land with the City, which this plan indicates. After a certain reasonable time, I think it is best to have them reapply. Do you have any current input from the ACES folks? From Bill Efting: Is this on the annexation? From Kim Johnson: I'm tempted to write them and say that we're closing the file due to inactivity. Any Comments? From Suzanne Wolff: is collecting a lot of dust...anything apt to happen anytime - just curious... MESSAGE DISPLAY TO Kim Johnson From: Bill Efting Postmark: Oct 03,94 12:49 PM Status: Previously read Subject: Reply to a reply: ACES Reply text: From Bill Efting: It is a vote and we have dropped it for now, they are going thru with their annexation without it. Preceding message: From Kim Johnson: just trying to keep tabs on this - anything new? From Bill Efting: Finance is still trying to find out if we have to go to a vote to trade land with them. From Kim Johnson: I haven't heard anything from them in months. Bill, if you know anything of an update nature, please let me know. From Suzanne Wolff: Just curious - is anything happening with their application...I just ran into the PILE of stuff I have in my office from them. MESSAGE DISPLAY TO Rob Umbreit CC Diane Moore From: Debbie DuBord Postmark: Jan 14,94 2:25 PM Subject: Reply to a reply: ACES FEES Reply text: From Debbie DuBord: If it was definitely a waiver then we (Planning) should refund out of the revenue accounts and waive new fees as they occur. OK? Preceding message: From Rob Umbreit: They said to waive the fees, I think it was believed at the time that they had already paid them, but it was definite that it was a fee waiver. It isn't a lot of money to worry about for Amend 1 I don't think, so if you want I can pay them the whole amount and you can bill them for the additional fees. From Debbie DuBord: I guess what is not clear to me is the action CC took. Did they waive fees or did they say that they would give ACES a non-profits grant that happened to include the cost of the fees? It doesn't matter to city in general, but matters to our dept. budget. From Rob Umbreit: I can do that if it's the way you would prefer. Under Amendment 1 it would be best not to record the $2,173 as bogus revenue, but I understand that you need to show revenue for your department. What normally happens to waived fees? We don't record them as revenue do we? Steve, how do you think we should handle this? From Debbie DuBord: $2,958 was already received for conceptual submission. This includes 2669 to planning, 234 to engineer and 55 to housing. We told them an additional 2173 would be needed for the final submission. This will /1 MESSAGE DISPLAY TO Debbie DuBord CC Diane Moore CC Steve Barwick From: Rob Umbreit Postmark: Jan 14,94 1:54 PM Subject: Reply to a reply: ACES FEES Reply text: From Rob Umbreit: I can do that if it's the way you would prefer. Under Amendment 1 it would be best not to record the $2,173 as bogus revenue, but I understand that you need to show revenue for your department. What normally happens to waived fees? We don't record them as revenue do we? Steve, how do you think we should handle this? Preceding message: From Debbie DuBord: $2,958 was already received for conceptual submission. This includes 2669 to planning, 234 to engineer and 55 to housing. We told them an additional 2173 would be needed for the final submission. This will be 1884 to planning, 234 to engineer and 55 to housing. Perhaps you should pay them what they already paid in fees and when the final submission comes in you can JE those fees to the departments? From Rob Umbreit: Have you already waived their fees? Efting thought maybe I should just pay them the money and then they pay you, but I was pretty sure you had already waived them. - ------- MESSAGE DISPLAY TO Rob Umbreit CC Diane Moore From: Debbie DuBord Postmark: Jan 14,94 1:33 PM Subject: Reply to: ACES FEES Reply text: From Debbie DuBord: $2,958 was already received for conceptual submission. This includes 2669 to planning, 234 to engineer and 55 to housing. We told them an additional 2173 would be needed for the final submission. This will be 1884 to planning, 234 to engineer and 55 to housing. Perhaps you should pay them what they already paid in fees and when the final submission comes in you can JE those fees to the departments? Preceding message: From Rob Umbreit: Have you already waived their fees? Efting thought maybe I should just pay them the money and then they pay you, but I was pretty sure you had already waived them. .. A., October 13, 1993 ' ASPEN Â· PITKIN PLANNING & ZONING DEPARTMENT Al Dietsch Aspen Center for Environmental Studies P.O. Box. 8777 Aspen, CO. 81612 RE: Planntng Fees forÂ· Final SPA Submission Dear Al, . As I mentioned on the phone yesterday, the fee deposit paid to date for ACES's SPA application is for Planning staff-time spent on Conceptual Review. After Conceptual, ACES will be submitting a Final SPA application, which is a separate case file with its own billing, Since you ard tallying up your expenses for the project, the following must be submitted for Final SPA application: Planning - $1884.00, Engineering - $234.00, and Housing - $55.00. This totals to. $2,173.00. The Planning fee is subject to additional billings or refund as necessary. I understand from Amy Amidon that Historic Preservation review fees have been waived for the relocation of the professor house. Please call me if you have any questions about this information. Sincerely, V. 40) Kim Johnson Planner , 130 SOUTH GALINA STREET â€¢ ASPEN, COLORADO 81611 Â· PHONE 303.920.5090 Â· F~x 303.920.5197 Pnnted on TEÂ·Â¥MRÂ·i m A.C.E.S. Fee Deposits for Rezoning/SPA Plan et al. After our discussion a couple of Friday's ago about Planning fees related to this project, I told Al Deitch that Planning fees would be charged as per any other project of this type and magnitude. 1~ Since then, I have given Al the fee schedule and responsibility form The Planning fee deposit that I quoted him for Conceptual 7~00 Subdivision/SPA review was $2,669.00, plus $55.00 and $234.00 for Housing and Engineering referrals, respectively. I stressed that due to the specifics issues of this project (ie the "soft housing" concept), it was likely that additional staff hours, meetings, and therefore fee billings would be necessary. This fee information is only specific to the land use reviews required upon annexation. I understand from Jed that annexation itself is not assessed a fee by the City. , Cm o . Ft 3 C..jyll'acq' E U Â· 21 2 Oon d f o dif [-6/ 42 (f 31 24- Â© .liN fga* 4-4Â· â‚¬Â«41 --A (A) AU*4 4yzd 5,4 0--vâ‚¬J Â»-(*4-1 CDPA ~fi~U Â«-~fi-li~ iLY *Al IN BY-/ &â€ž<4*0wy w* 41)3 Lual 4 14 -9-.cÂ»Go 4 (f) 4/f fj @Mt â‚¬>(ewftkn .9\- 1 0 /36+ 3(0 3 O*4Â»4 / 4 el li AÂ«f *. .On.ressor 21005(!AÂ¤ r32 ~tf le/1 Catp'* 7464 D 64 4 4 \'1 j 0 00144 2-9 44Â«-~ jar-1 U Â» 1 66%14 5 ) Rof- tlkij X#\ 1 0 \O+ 0 (454 *f'w y 1( Wi Dll (1% lifjol- id) LE.in 0 01/Â§ (/ 7 i Cuptut kiÂ· 8 +4/ E --) ~ - 4(:LE ic A.C.E.S. Fee Deposits for Rezoninq/SPA Plan et al. After our discussion a couple of Friday's ago about Planning fees related to this project, I told Al Deitch that Planning fees would be charged as per any other project of this type and magnitude. Since then, I have given Al the fee schedule and responsibility form. The Planning fee deposit that I quoted him for Conceptual Subdivision/SPA review was $2,669.00, plus $55.00 and $234.00 for Housing and Engineering referrals, respectively. I stressed that due to the specifics issues of this project (ie the "soft housing" concept), it was likely that additional staff hours, meetings, and therefore fee billings would be necessary. This fee information is only specific to the land use reviews required upon annexation. I understand from Jed that annexation itself is not assessed a fee by the City. \-8*10/11~ -')/ P.O. BOX 8777Â·ASPEN, CO 81612-8777Â·30.3/925-5756Â·FAX 303/925-4819 September 13, 1993 City of Aspen 130 East Galena Street Aspen, CO 81611 Re: Land Use Application Ladies and Gentlemen, Attached is our Development Application for our proposed faculty housing. The applicant's name is Aspen Center for Environmental Studies; our mailing address is P. O. Box 8777, Aspen, CO 81612-8777; our street address is 100 Puppy Smith Street; our telephone number is (303) 925- 5756. The name of our representative is Al Dietsch, President; his address and telephone number are as stated above. Our proposed development is described in the architectural drawings submitted with our application. The application complies with all relevant review standards. Since the application covers so many types of development, we are not able to describe in detil the nature of such compliance. This will be accomplished during the various public hearings. The one exception to this is our application for relocation, the specific contents of which is attached. We appreciate the cooperation we have received from the City staff to date, and are prepared to answer any further questions which they may have concerning our application. Sincerely, , /2.: 7~4 0/- /l V / Ll Al Dietsch President AJD/b IMT / / J \ \ -7 - --- \ 07833.8\Â©1 1\\r --.-------r---------2./L-------------- F /0 9/ b '1 f -2 x 7831.8 ~1/ \ 94 9 ---- 34 -1 ---23\ 1 - FORK h.\ Â»A th - ------ 0Â»91 ,-- r fl - -j---3 < x- --1 /\ 0-h 7835.3 c / . \U h.Â»104-1 9 /'.43 -=cazzlÂ» ~ 7830.8 e 14: f-ti i. r *7843.9 Â»44 \\. 4 *7832.7 .7840.8 24\004 2 \41 \-blÂ« \--tr' 9 1 1 - 49*421- 7 + Â»4 x 7828 7 78305x __ ~~ -_~J 141<2-- C /113 hv / x 7835 2 \~ 6 1. / 1 1/ , 7840.7 x 7834.1 3 1 37 3 '93 *7830r 4999&6*.1/1-/4,4.12'n l-k' 1 r~~ /' 1~ ~\ ~1~/' ~E AR-T H WORK / / 7 17834.9 \\ A 01 --/1 /1 7842.9 / 1 ,~/~316,0-13 1 4 4\11 . ,-/ -,;527 / 1 x-819.- 11 _. /3/ 3Â« 7 . U.-/ 1005 / /744.91 // 38 1.- * At\\Ail / , f - .- * 7841.1 z --- . ' , . 1 / O- 1 1 1 7 : \ \.7 --- 4 4 1\ // , 7846, , . 1-4 1 41 34 47\ /3~ 9~<T=13<~i 7 N-~q>4~,*35-2231-5 /- I 7842.8 - r 72 Â«11 -52' 75'06 9 A 9432 1211 4/2 3 f %111' . ff, - 11 24 2 /1 1\ 4 - -.+ \*JAZI, 1 0 '/ 41- f <:W q Al k .2 ;[7846.1 ~ 0 2 - 44\ 9 1\.\ 9 7846.9, 5 x 7839.0 \ 7844.3 49Â«--2 1\3 \ TANK 1\ r I ////'- ,\ 2 \ \ /122 1 -d 1%40 17836.4 \ 1 \11 1 : F//, 24(94 -- 4.1. f - 05=n--1--n o E-3-11 t-<l *78444.77 ~ / / 1 J / \P\ , i-\ 5 0 1. (fr -1 7.1 \VI 4\' ,/' ~ 0 1 Â»\./. \\ 337Â¢A7. I I *7847.1 3 I - -J > j~ 3 2. 0.0~f- : - Â· 3-2 -25-7* 1 _E.E.{ -i~47.8 / LLU -1---K /./ ---- - /--Â«\ - 7017 7 12-- Â»- E 271--- - 122.53 - 1 /47 / J \ *7847.t / // 1 - k . RIO, /,<- 5 '\ 1 ~ 2 - Â©[24 ' 1 I -1 % Oci 4 ? . #15 L J l Â©2570 r - <l i x 7851.3 I . 44 Vt 1 1 _o _3 01 c ~ 4 : x 7850.4 f 1 11 /~7852.1 _.- 9 01-9 11 Â«-/- ~1=4=2.-I - /fl - \\ 7 *78351.1 - , x 7858.1 4 j 17859.5 1 14 / r( Imog)- 57 ZE , F ff>j ~ ~4 f-%- 1\- , h x 7852.8 1-1 / 7887.Ix \ \ Lf /-1 - 0/4, - 111 11 -854.2 x \\ /--22%LÂ·-~ --=Luzzn~raÂ»Â»Â»--- 23Â»fi*===li* i ~j~~_s x . =7-- Â«EIFF:,04, i ir' A .-- -- 1-- ~-Â»40446\61 \ .Ne 3 112 *7885.4 r, /- /---1 ./ \ P \ \\ ASPEN/PITKIN PLANNING OFFICE 130 S. Galena Street Aspen, Colorado 81611 (303) 920-5090 September 20, 1993 Al Dietsch Aspen Center for Environmental Studies Box 8777 Aspen, CO 81612 RE: ACES Map Amendment, Conceptual SPA, Conditional Use Review, Special Review and GMQS Exemption Case #A49-93 Dear Mr. Dietsch, The Planning Office has completed its preliminary review of the captioned application. We have determined that this application is incomplete and cannot yet be considered for scheduling. Please address the following items in order to complete the application. 1. Submit 12 more copies of the blueprints to replace those used for the HPC review. The rezoning map must show the surrounding zone districts in the City and the County, and the current zoning of the subject properties. 2. Detailed responses must be submitted for all review criteria for Conceptual SPA (including proposed dimensional requirements), Rezoning (map amendment), Special Review for parking in the Academic zone district, Conditional Use Review for a dormitory and dining hall facilities in the Academic zone district, and GMQS Exemption for affordable housing. This information is the most essential portion of an application and is not addressed at all in the information that was provided. 3. The concepts and program you have discussed over the past few months with staff must be fully described in your application text. 4. No information was included regarding the intended land swap with the City for the purpose of relocating the dwelling behind the Electric station. Attach all correspondence with the City, legal descriptions, proposed plat, etc. 5. Has a separate vacation application been submitted to the City Engineer for the Puppy Smith right-of-way? If not, please contact Chuck Roth, City Engineer, at 920-5080. 6. The letter dated January 19, 1993, from Elizabeth Paepcke authorizing the application specifically references a January 19, 1993, plan by Conger Fuller Architects. The blueprints submitted on September 13, 1993, are undated except for a separate cover sheet and do not match the drawing attached to Mrs. Paepcke's letter in many ways. I need an updated letter of authorization from Mrs. Paepcke, specific to the submitted plans. Also, I spoke to Assistant City Attorney John Worcester about the portion of land held by the Walter P. Paepcke Life Insurance Trust. The authorization to proceed with the application concerning this parcel must come from whoever is noted on the trust agreement as general or managing partner of the trust. Vince Higgins at Pitkin County Title should be able to determine the correct signator(s). If you have any questions, please call Kim Johnson, the Planner assigned to this case, at 920-5100. If you would like to review a case file from another Conceptual SPA application as an example, Ms. Johnson can provide one. Thank you. Sincerely, 0 --1 16,41.~ 0 18 Suzanne L. Wolff Administrative Assistant CC: Diane Moore, City Planning Director Amy Margerum, City Manager Chuck Roth, City Engineer RTIFICATE OF OWNERSHIP Pitkin County Title, Inc., a duly licensed Title Insurance Agent in the State of Colorado hereby certifies that ELIZABETH PAEPCKE AND ELIZABETH H. PAEPCKE, STEVEN MCK. DUBRUL, JR. AND PETER NITZE, AS TRUSTEES OF THE WALTER P. PAEPCKE LIFE INSURANCE TRUST are the owner in fee simple of the following described property: THE PROPERTY DESCRIBED IN THE FOLLOWING DEEDS ATTACHED HERETO AND MADE A PART HEREOF: BOOK 172 AT PAGE 225; BOOK 178 AT PAGE 225 COUNTY OF PITKIN, STATE OF COLORADO. AS THE SAME IS SHOWN ON MAP ATTACHED HERETO. ENCUMBRANCES: NONE Subject to easements and rights of way of record. This certificate is not to be construed to be a guarantee of title and is furnished for informational purposes only. PITKIN COUNTY 'iI~]~E, INC. BY: t01-29Â¥Â« authorize~qsigtnature CERTIFIED TO: @*P~*BER 13, 1993 @ 8:30 A.M. 17 .= .- --,7 # 99365 339 R.old ./AR/A D TO JOINT TKNANTS-n- CA F. It-hâ€¢, fll-* n.ok a Ilth. 04 DI./. 001â€¢. ~ Ehis Brrb . Mada thi. 14 th day of July In the ye. of our Ibrd one thousand nlne ~ bund;ed and fifty two between Alvia L. Pierce A of tbe County t,f Pi tkin and Statk of Colorado of the Erst pan, and + Walter P. hopcke and Elizabeth H. Pnepcke of the County or Fltkin and State of Coloradi, of the second part~ WITNESSETH, Tht the said Part y of the fint part, For and in conEidention of the sum of Ton dollars and other valusble con:iderations 'Ir--=11 ~: to the mid part y of the fir:t part in band paid by the Maid partic,; of the Neond pAM, the receipt whereof is hereby eonf-ed and acknowledged, 3 ha s granted, horrained, sold and conveyed, and by these present.3 do e s gra.nt., bariwn, Dell, eonve>Â· and confirm, unto tbo nid partiol of thi i second pet, not in tenwey in common but in joint lenancy, the surnvor of them, their a,signa and the bmr, and usigns or such survivor forever, ~ all the following described #t 5 or parce] 3 of land, mituate, lyÂ·ing and being in the County of Pitkln i and State of Colorado, to-wit: L,ts 1, 2,3, 4, 5, 6 and the North one half of 7 in Block 1; Lots 1, 2, ~ 11 t;t64,8':72:ttZÂ·bUC.Eth9'~n~O}~~i ?â‚¬ If Mottoill Iiat=t:tls~~t~O~~ertalr 10 and 11 or Block 2; also part of Lot 12 block 1 and part of lot 12 ' block 2 all in Lakeview addition to the Townsite and City of Aspen together w ith all improvements and personal property left thereon. ($5.50 documentary stamps attached and cancelled) TOGETHER with Ell and Bingâ€žlar tbc hereditaments and appurlenAnces thereunt~ belonging, or in anywise appertaining, and the reveâ€žitin and reversiow, remajnder und rana~ides, rentf, iMuce and profits thercof; and all tbe estate, right, tide, interet, el.im and demand wbataoever of the said part y of the frst part, either in law or equity, of, in and to the above bargained premisi, with the hereditaments and appurtenanoes. TO HAVE AND TO HOLD the said premises above bargained and delicribed, vith the appurtenanccs, unto the anid partier of the Mecond part, the survivor of them, their assigns, and the hrin and assign. of such survivor forever. And the aid part y of the flrot part, for hint set 1 heirl, executon, and administrator..,do aS covenent, grant, bargain and arree to and with the said parttes of the mond part, the survivor of them, :heir assigns and the heirs and nnigns of such >liniver, that nt the time of the enpenling and delivery of these prmentâ€¢, he is well seized oftbe premiMes above conveyed,air, f good, ~ure, perfect, abyolutr and indefeR.sible estate of inheritance, in law, to fee mimi>le, ex! ha S good right, full power and lawful authority to grant, hargfin. 5(11 and convey the .ame in mannorand form aforeuid, and that tho sams are free and Geor frern I]] fonner End other grants, bar#ins, En](â€¢sp lien; taxÂ©:, P." mmenu, and incumbranc * of nÂ·hatevrr kind or nature soever, except taxes for 1952 due in 1953 and the above hargained premisc. in :ho quiet and r-acent.le 1>06.ession of the Faid T,arties of tlie second part, tbe B,trvivor of tbein, their usigns and the heirs and ascigns of Furh survilÂ·or, agaibst ,]1 and every pErson or person, lawfu'ly clbiming or to claim the mhole or any pal thereof, the Baid part y of the first part shall and will WARRANT AND FOREVER DEFEN D. IN WITNESS WHEREOF, T},e said part y of tbe first part ha S hereunto Ret his hair and val tb day and yew frlt above witten. Signed, Secled and Delivered in the Presence of ~ ..__.___..Aly.li.k.....Pler.ce...........__.-_._..___(SEAL) BEAL) Â· ..... -..........(SEAL) STATE OF COLORADO, ' RS. County of Pltkin 4 Th, toregoing instrument was acknowledged before me thiR 14th day of JdIF- . 19 52 , by â€¢ Alvla L. Plerca / ,Â·T/L,Ld \ WITNESS my hand and official seal. ~ SE; I ,# My commisnion expiroe July 10, 1954 . William C. Stapleton Filed for record the......._.1.4.:h...... _... ......_day of_._32.12-._--._.._....,,L D. 19.5.2...., at....1.:.0.5..........o'clock .2.....M. No... By .. â€¢If acting in o !!icid or repreâ€¢cat.Ative enple,ty, inMe,1 name ind ~1,0 offiee or eapecit, and for whom acting. 1 60-/0 l U L 4.- 1 :1 J '1001 06 0.1. loeD-F-1-. INS Htfl bâ€¢. 1*4-TRIA DZED--010Â£1â€¢ Pee,1 of I.lod IntÂ·,rod.-1-.. C. F. He-k~ Bl.ak B-k * 1.1,4 ) '*D-Â¥ -b'Â· 1~41 K12* RA I :ltl oth No. 1 0 Th,4 wkrâ„¢t.. th, follewing 31â€¢râ€¢ hed -1 prnmeriv. vii: ~&1'% Octiolu aft Ben litt tlirse 10rrsrnts, Kirclu all fili 0- 3 1 Tr,e South J of Lot Numborel Seven (7) in Block Numbered Tpo (2) SItuated in Â· 2 EL MÂ·.land. G28 ~, .â€¢kc,Â·leâ€¢, Acd;Crn J. 'ind to trie Lar:.site and City or Aspen -3 0 s born No. 1 a 1 osborn No, 3 L: All Calena Belle . L -- A 6â€¢ 4 â€¢it,ia,Al In tli,Â· ('â€¢â€¢11,11-Â· i.f Pitkin lind NIAÂ¢r If enlâ€žrailn, waâ€¢ â€¢11,jrrt Iii tax.tion fir they,Â·nr (or vears) A. D. 19 41 -42-43 And, Whereas,Â·rl,r law ix.-1 â€ž,win .aâ€ži pripernÂ· for the v- (ar yram:; nfi.-aid r,rnainrl' iltle nn'' unpmt at Ilir ,|ate of the =le hereinafter nain,N]Â· 11, â€¢,111â€¢14 in theÂ· C.â€¢tinty .if . And, Wheree, Thr t A;nd, Where.. 1411'. Tr~Â·a.AlinÂ·r,iftl~tÂ· ~:~i,1 (~i.i,nly (Â· ~1' 'Â·1Â·Â·1Â·Â·Â·1Â· Â·Â·â€¢ bd, Whinu, TI. 1 1 64 ~ ~ '..' .' . " f.,r.lili .....,1.11... !16. 0 W 4';Kf BRA t Â·, 'iÂ·,1â€žÂ·â€¢J,,1â€žI.nnit,relevent'. (11) ,la,Â· of December d.v of f,6 **1 .1. D. 1949 ' by virtur nt cm.ir t,â€¢ 1,1,1,111Â· 0Â·11.Â· nt lh,Â· 1,16.Â·,Â· i,f the '1're:iâ€¢,Ir{Â·r, in the O,untiÂ· :tâ€¢,reâ€¢:,id. iii aill,â€¢tlrnt Inl tÂ·,11,fâ€žrinit v with th,Â· â€¢Muirr- / U: ~7~ December Decemtâ€žr . A n. p.,44 in,1,14 of the st" Ite in iii.Â·!i meitiof LEr plattite 1,1 4,1-1, raâ€¢e in:ille ind pri,vi,lt-1: 111, rril !â€¢r,iliert.iÂ· niÂ·,nÂ·e *Irier,li:Â·d ft,r the liÂ·â€žÂ·inent lif thiÂ· t.reâ€¢, 11114're,t antl e-ti tlirli dâ€žr ni,li r,Â·maining lin,Mid ,,â€ž i.. .7 A. D. 1944 , in. i ,rturnf the ailth,â€¢rit,- v.,41â€ž1 iii hiin InÂ· lan, â€¢al :in adj:â€¢11+1114,1..0~, .ti,r .:ile l,retin Rn,1 1,111,1,el>Â· held â€žn tlir 7th ' 84*,- a â€¢:t,1 i property; â€¢Aid prnpert'Â·; â€¢And, Where'*. At IIi<Â· time an,1 rdire :26'reÂ·Maid Baymond Monroe 'And, Whereas, At 1, of the County of Ind State of bilt on all of the nliviâ€¢ described proper, v the Bum 01 01. i â€žf the County of one (l) Ike.,1,9 and Ten (10) C.rrs, 27 4 1â€žni Ilie .1.,le a,n,ilint i,r t:â€žim, interâ€¢.2 ailâ€¢] r#*tâ€¢ 111,Â·Ii rli,r .ilxl n,Innilling :inil:Ii,! iiiâ€¢,11 â€¢:Â·Ii,1 liniliÂ·rl y for Ilint yrai, an,1 tliÂ· NAill 1.402 Ihc wh.ile Knot,in *.f â€¢ T Rnymond Monroe Ii:â€žÂ·ii, M â€ž!Trm! iâ€ž lii, mni,1 1,i,1 to arrefit iparelt ilt,ni, f lir ini,1 Rum al Ilie r,tr of *3 per rent. per animm r,ir the n.,1 â€¢~~â€¢â€¢â€¢WI~~~-4~16-~-t,â€¢â€¢,-*~--4,---4-f f;'4 per rent. i 19 per rent. 1.0Â·r:im,1,11, furtlir firat Mi~ mon'Iiâ€¢.:ind iii tlir ral.Â·or 4- 8 . Irr .nt. ;wr unmlin, mn,1 thiÂ· 1 1â€ž1 ratiÂ· lif 1111,â€¢r-' b,Â·in,4 the 1,1,vi-t r:,1,Â· id imenÂ·M: al whirl, 1,11)Â· prÂ·râ€¢â€žr liffer,NI Iii lins the â€¢aili t.irceâ‚¬. il.lenÂ«I nnil r,~ta no f:Fi _ NONE 1,rr ~n1 i miâ€¢ â€¢4â€¢,il â€¢aid ,â€¢nit.Â·,1 - fur thnt ,-r.,i iiiâ€¢ ,r,ni :ind imvintÂ·n, 4 liu' â€¢ni,1 Muill Imi-,112 1,1,Â·it ill:ill,Â· 1,V tili,1 / 11,Â·Â· IÂ·,ilâ€¢i '1'rr-unÂ·r, the Ni,id lirmirrtÂ·.Â· wn, Â·MlrirkM, off Ir) lunt At ~Â·D diâ€¢Â· Ii,*Â·1, ..al,! p"IMÂ·rtxÂ· fi,r ihily prl, 1// p.r>; And. Where/,The cid Raymond iÂ·'.onroe -- And, Whereu, Tbâ€¢Â· rid. on the ,]H,Â· 'f , A. 1, 1,4 , (111|v 1,â€žirt, I h.. rerliticaltÂ· â€žf th,Â· Mide i,f the i,niprrly aâ€¢ .f,â€¢r,Â·â€¢Mirl. and .U r, i.,7-'.'--~. h,â€¢ :84Â·.ill.Â· ai.,1 i,itiÂ·r,9, iâ€ž â€¢ai.1 !â€¢1'â€¢1â€¢~t.Â·, tâ€ž Al via L M Aref .9. hiâ€¢ rights, title /6,+ .trn' rd 0, Count,Â· nf Vitkin .iâ€¢l StattÂ·nf Cole :" dc Â· 1â€¢r the County of And. Whereas, The 61 11 Via L. Pic ree And, Whereas, Thi .1,1.â€¢In the . A D. 19 , dulv :tâ€¢â‚¬,Ii, 11,1Â· ctÂ·rlifirale of the snliÂ· of thiÂ· limpirrly /1 afi,Mild, 8,14 811 D.24 â€¢1â€¢1,â€¢in the .1., 1Â· "r Id, righta. title 8,1 intemt III nd,4 litte an,1 i.1.1,1 iii .1,1 p.il':rh. 1. Wal ter PonyÂ·cke & ,Â·f tl,/ County or Cook :inil SlatiÂ·,ir lili.*r .â€¢r ihe County of â€¢And, Whereu, At ' M d, Whereâ€ž, At 11,Â· m:.1.â€¢ â€ž lirld n, i,li,re.nid liv 1 lie I 1,1-r,Â·r. lit, 1,1.1â€¢ u. -Â· â€¢â€¢f Â·Â·Â·Â· Â·ir 1,Â·.,I,Â· hiÂ· i.!,1 1.â€¢,r,m ,â€¢â€¢ 1.râ„¢,in, f.r the lini, I linilierty and lin perâ€¢in â€žr ,-â€¢â€¢â€¢1'. ./â€¢ iD:. 11....i,1 1:i... .1'(â€¢râ€¢Â·It :11,11 ..IMIâ€¢/pm, III,Â·,Â·11,1 iIIÂ·â€¢per:â€¢Â· Â· r tne I:irâ€¢ I li, 1 th,Â· â€¢iii.! I'rÂ·virer h.,Â·ing Imâ€¢â€¢01 1.141 real prop Â·rtv nver prrâ€¢," having 011"011.11â€¢ tof /he timr..lid r..T/,r~,14-ljlp 1â€žÂ·:inni,~ i:/ 1/,iÂ· .0,Â· tlip ,â€¢,Â·/ iii Â· 19â€ž,1,Â·:i,Â·11 nli.Â·Â· tor â€¢he l,nnr, ilid re.coner 11 , 1 1,11'Â· :1Â·,d thi 'I rtÂ·nâ€ž n,r lia-Ing fu rimr 41/herl that TH. Mile W lid - linâ€¢,wÂ·rt,Â· Anitil lir hail. thrnâ€¢f,inÂ· fi .Â·rlv u-:iâ€¢, InÂ· th.Â· 111-1 '1 re:1â€¢,irer .â€¢1 1!i iwi. .tri.Â·k Â·Ii .â€¢Ir t. tipÂ· MÂ·,i. I C~it.:.itÂ·, and n riÂ·rtifirate â€¢if lule Wiâ€¢ tll,hy i~ird phipr-tv eoul.1 9 h.,1, thâ€¢ ~ '11,4,1 1,â€¢ Ilir -61 (11,1,19Â· in arroril:il.,4, nÂ·Ii'Tri"ilrl' 1Â·:iâ€¢r m:,11,Â· Rild tin,vi.. :hiÂ·.tfur le the ~61 Colint And. Wher,u. Tk Â¢t And, Whete.. Thir ,ni,l -nliÂ·. 21,Â·lint 1,1- atiâ€¢I Ilinâ€ž,eh itc 11,11,/tiÂ· 'Ir~â€¢unÂ·-, (â€¢and in imformity with the or,ler of the Ban.1 of C.unt' Commi, .F ll 116-1 â€¢f Câ€¢,untr Cninininhi,ir, i,f â€¢aid t'â€¢,tintv, ,bibÂ· r/rriâ€¢I .if ri-,ini iii, IhiÂ· =- .In,Â· Of , A. D. 10 , tlir . sad clay b-K or,r of the i â€¢.,â€¢1 cli,Â· Iwing on~ â€žf ih, ili ,Â·i ,â€¢f A nÂ·/ 11.r *8â€¢b,n lif 11.â€¢, 16,, r.1 â€¢,f ('â€ž,Int,Â· C â€¢,miniâ€¢â€¢i,â€¢nra â€¢â€¢f â€¢Â·,1.1. . 11,!61,Â· Â·e,~:wi tlie rrr'ifient,Â· of â€¢al ,Â· or Mar,1 1,â€¢'Perty. 90 itâ€¢imt . i i.â€¢ afore.aid to -i.Lorff,it = mft,mai,1 Iii â€¢ni,1 (5â€¢11â€¢ity 3,1,1 all it, rirlitâ€¢, title nâ€ž,1 ilil,Â·,Â·iâ€¢â€¢: 1,1 â€¢Â·161 lin,~rrtiÂ· 1,rkl loÂ· ,Â·ir w i,f ,4 ,;,1 1,1,1,â€¢ 1,1 - iÂ·f 11.r O iâ€žâ€žt i 'd Init St.Ir iII - -Imr 'urn 'f fiâ€¢r th~ .Im If 1)OLLARâ€¢ and - â€¢*nd, Whireu, TI' k-- 'And, Whereu. I litÂ· .,i.1 ii.Onroe, :'lerce iinc .,1.PCKÂ¢ hnâ€¢ Mid wb,equent tairâ€¢ liaÂ· 1.nid Mel--1â€ž,11: Â·awÂ·,in â€žid i,n,1.Â·intâ€¢ thiÂ· an.,5.1 14 Three (3) 1)01.1.AW, In,nine'cy-. Aw LE:,3. And, Whoreu, Mi, And. Whereu, 11,Â·i,Â· 11:.,i ilin.Â· iÂ·.Â·ne, h:,-iÂ· ,+1:i,-.1 -i,Â·,Â· 'i.â€¢Â· d,le ,Â·f ili.Â· 9,1..1,Â· 111,â€¢1 11,1,.1.1 /r,ilâ€¢Â·iÂ·n 11:1~ i~,it lirril mli,Â·11,~111.nfi,â€¢in M pilâ€¢vi,1~11,>Â·law: And, Wh,r-, Ti, And, Wherels, -11Â·, ,-1,111'r,Â·i,iÂ·Â·v nâ€ž ,1,*â€¢.*ci.1 fiÂ·r IIi:,1 .-- (â€žr >.91â€¢-' Â·i' il â€¢14'i, â€¢,f '1,â€¢â€¢â€¢ â€¢-IIIÂ·.il litiâ€¢Â·Ii,Indn.' 11,111.ir< I fil.1 in - And, Whereu, Al : And, Wherou. All i!,p pr.itÂ·,â€¢iâ€ž.iâ€¢ iâ€¢f [I,iÂ· â€¢t.Â·,11:!iÂ· liteâ€¢'Â·ribitieÂ· 1~n':ritâ€¢irit- i.â€¢ .â€¢1Â·1 ti,illie lin +4'11â€¢ linve " Â·11 full'Â· â€¢"in~plimt n-ilh, an,1 "â€¢ nâ€¢i,"if rerâ€žM|, an, !1- .fhce .1 th. Com. 'r t Â· thiÂ· ,%0;8 i,! the C..im/' 1-riÂ·:â€¢â€¢urer f â€¢Â·,id ('inint i : Now, Th-forâ€ž 1 Now. Therelore,1. Pnlll~p J. Crostry , Trralurrr 4 the Cli,ilitv aforr ~. for an,I 1n MnMideration or the r,4 ili â€¢ 1,1â€¢Â· 11,~T /24<""" ta '11- 1 re.â€¢â€¢11-Â·r /i:â€¢iâ€¢1 :1â€¢ 1,0,-1-36|, nn,1 1.v v-Irl â€žr n[ i 'ne â€¢,ar wr in iu,Â·11 r -Â· m:1,1,Â· Â·i n.1 ,â€¢n,vi,11.1, linvr crant-1, lia/â€žInm| 81,1 001,1, and 1,1Â· ther pr-nt. do KrInt, barrni' tin- Â·,1,~Â·.r.., Ttbit :tii.1 -Â·11 41.Â· ..'â€¢â€¢rvr :.1,il firec,irnc 4-rril-1 re,1,-air irni,Â· thÂ·, â€¢lili WaltÂ·â€¢r P. F.encke 0 - 44 111Â· IiiÂ·irâ€¢ RnÂ·i Aâ€¢â€¢tina, fi,hÂ·ver, â€¢i il,J,â€¢r' 1 .) n;1 11,0, riclit M i,f r,â€¢1,Â·ini.!iÂ·â€¢r, In i,lit.iN, 11,48,1,Â· /*Â·-ni ni i,16,1 4, pi â€¢vlite'l |â€¢>Â· 'H'. OrrICIAL H & Ge.AL 9 In Witnes, Wher,of, 1, Phillip J. Crosby , Trfwir,r . Af,ir,0.61. inâ€¢ virtue 1,1 tho SEAL ty - 41 *'la-lit' ifi.-9,4, 1,9,Â·r berrumi, â€¢,1 miÂ· 1,8,1,11-4 iral thiâ€¢ 20th day W Arr 11 , A.D, 19 53, Phillip J. Crosby -(BFAL) 1,2,3,4 and : Crfl. N" r. â€¢91,ikr ni,t in *~ontine. Con. N.-i _ 11.,1 Xn._- 3:t_ -TAT >ale 'trÂ·,ird, --Uâ€žâ€žâ€žf----P~:in Cotinty. 0,lr,ra{k R- matter in r.renth./. .4!rik"" 0 '-iril,nre wi,h (Ari rrar. â‚¬4/ W. 4 %4 1/1â€¢r Inâ€¢â€¢,pr in Ta,â€¢â€¢,illiweâ€¢ i., 1,Â· â€ž hon Â·â€¢.â€¢ /it,,1.Â·r, i . f.,r .inÂ· e.â€ž1â€¢,Â·. â€ž,i:!.1 1â€ž.1 1â€žÂ· ,1,:1. n.1, Â·ri i..! 1,i,1 n/rred (,ir ~al, n~ ,~ brforâ€¢ i he *emnd Mnn,Iny of Dee/â€žbrâ€¢ 1â€¢ â€¢'l --g. I-*-~....=i.-~. Ii=~m -~-----m-- t -+ .~=.21.----_-tzÂ·=U-Â·2=Tt.--t.Â·.t-7- ......-.- ---- . STATE Or COLORADO, 1 Count, ef _- Ill.iiI-t:- -- r 1 . 1 1--hy .MifiÂ· thitt Iâ€¢,Â·f,irr nw, 1'0'1 11: D- C. St.,p],ircr, Notqry Public in and fnrâ€¢â€¢61 CA,Int'.1 f ......Ii.11 ' .1,1.Â·tâ€¢.4 1-1.1- 71,1.ViÂ· 1.n,1.81 1... 1 1 11] iJ . Croshv T i 'Râ€¢,ir" id Mai,] Câ€¢itinlÂ¥, 4 i'f'â€¢T ; 99 1 1 14â€¢" "~1' ki.. iÂ¥' 1.. 1,1.- 1" 1â€žâ€¢ 11"Â· Tr,â€¢a,119â€¢r iiI N.,1.1 4 ii,inh , 1,1 thiâ€¢ li,+Ir .,E Iii,â€¢ r, rul in,1 14 1110 nho,v, mâ€¢nÂ·â€¢vâ€¢e, 9, nnd 'â€¢' bo thâ€¢ idâ€¢,11,Â·Al SEAL 1 8 "U'.......~ 1Â·â€¢ 'â€¢Â·Â·:% â€¢41Â·Â·â€¢4' !181, 1' R '1 i.l Â·â€¢ liliÂ· 1, â€¢.Â·2,â€¢ilig d i.Â·i. R.,1 .11 â€¢ i Â·I,Â·iÂ· 4,/, i ,â€ž,Â· a w.-r nin,-p i.naâ€¢ .,â€¢ Trriâ€¢,inâ€¢r I. 1 !.r *a, it ('â€¢'1â€¢111.vâ€¢ ' Id .,hi' ..1 4 g 'Z â€¢. 7 1.Â·kn-;â€¢41Â¢iÂ·.1 11,â€¢â€¢ r.1.7*,â€¢i, tif tiw â€¢,tine 1,1â€¢,Â· 1,1â€¢ 1,â€¢linÂ·larâ€¢ 1, Â·t 'ini].14-1 nâ€¢ 'I nÂ·:,ilr,Â·r id *aid Com/y, I'nt the puriwIM thr-in r. pre.*edi -to w L. ... 2.t 1 0Â· r,imtinâ€¢â€¢int' =rirrÂ· July 12 ,11,54. Mive. un.ler Iny 11.,Il .,1.1 Netar' 91 'cal, thi, 20th 87$.1,r Aprll Â·A.D.t!,53. w illiam. C._1&.8,21.91930--*--- ===============A ,- ; 1/1 --=.---------- XMANV P'Â·RLIC. F,1,4 for Record thâ€¢- Filid tor Itprohi '11'â€¢_____.-_22.to__ __ia,Â· o'___r.,1,7- 1.----. *. 13 !Â·1_.43_, ..i _6:15 _ -'clorkl-MÂ· km. C. Staoleton .-01'41'rr CLWIE NO._. - 2 Â· ~ .,41 . ' 4-:AC> I- 701 iye'. ./. , .Â·Â· -,Â·- --iÂ·/4-Â·r.~1.y-g-/.11-ell.-r.f. ----M..- 1 \C-3- MESSAGE DISPLAY W (34 TO Jed Caswall CC Amy Margerum 9-torn , CC Diane Moore &4 From: Kim Johnson Postmark: Dec 02,92 8:21 AM Status: Previously read Subject: Reply to: Forwarded: Reply to: Forwarded: ACES 1992 grant Reply text: From Kim Johnson: The ACES Board does not want to finalize annexation/rezoning until they develop a long-term masterplan concept (designating a zone district can have an impact on their uses...so they are exploring options). I asked John Worcester if there's a time limit between approval of statutory regs and actual annexation/zoning, an if I recall correctly, the deadline is one year, although he preferred them to do it much sooner. I haven't heard from Cardamone in months. I'm not assurred that they are making much progress. Preceding message: From Jed Caswall: FYI. Previous comments: From Jed Caswall: Council passed reso on 9/14 finding statutory compliance with ACES' annexation petition. I assume Planning is still analyzing/processing land use/zoning issues after which ordinance to annex will be introduced. To my knowledge no date has been established for when this is to go back to Council for ord. Under circumstances, I think is would appropriate to release money in that they did submit their petition for annexation. You may wish to check with Planning as to where the land use/zoning issues stand. From Amy Margerum: What do you guys think? Are they still dragging their feet or is the ball in our court? From Linda Van Gaasbeek: Tom Cardamone of Aspen Center for Environmental Studies called today to see if he can get his 1992 grant. He said the Mayor told him they MESSAGE DISPLAY TO Amy Margerum CC Diane Moore From: Jed Caswall Postmark: Dec 01,92 7:09 PM Status: Previously read Subject: Reply to: Forwarded: ACES 1992 grant Reply text: From Jed Caswall: Council passed reso on 9/14 finding statutory compliance with ACES' annexation petition. I assume Planning is still analyzing/processing land use/zoning issues after which ordinance to annex will be introduced. To my knowledge no date has been established for when this is to go back to Council for ord. Under circumstances, I think is would appropriate to release money in that they did submit their petition for annexation. You may wish to check with Planning as to where the land use/zoning issues stand. Preceding message: From Amy Margerum: What do you guys think? Are they still dragging their feet or is the ball in our court? From Linda Van Gaasbeek: Tom Cardamone of Aspen Center for Environmental Studies called today to see if he can get his 1992 grant. He said the Mayor told him they had done their part in the annexation process. Is it ok to release the funds? .. .. 1-- ASPEN/PITKIN PLANNING OFFICE Agreement for Payment of City of Aspen Development Application Fees Aspen Center for Environmental Studies, a Colorado not-for-profit corporation CITY OF ASPEN (hereinafter CITY) and (hereinafter APPLICANT) AGREE AS FOLLOWS: 1. APPLICANT has submitted to CITY an application for rezoning, conceptual SPA, conditional review, special review, GMQS exemption, relocation of historic structure, and vacation of street. (hereinafter, THE PROJECT). 2. APPLICANT understands and agrees that City of Aspen Ordinance No. 77 (Series of 1992) establishes a fee structure for Planning Office applications and the payment of all processing fees is a condition precedent to a determination of application completeness. 3. APPLICANT and CITY agree that because of the size, nature or scope of the proposed project, it is not possible at this time to ascertain the full extent of the costs involved in processing the application. APPLICANT and CITY further agree that it is in the interest of the parties to allow APPLICANT to make payment of an initial deposit and to thereafter permit additional costs to be billed to APPLICANT on a monthly basis. APPLICANT agrees he will be benefited by retaining greater cash liquidity and will make additional payments upon notification by the CITY when they are necessary as costs are incurred. CITY agrees it will be benefited through the greater certainty of recovering its full costs to process APPLICANT'S application. 4. CITY and APPLICANT further agree that it is impracticable for CITY staff to complete processing or present sufficient information to the Planning Commission and/or City Council to enable the Planning Commission and/or City Council to make legally required findings for project approval, unless current billings are paid in full prior to decision. ..1 5. Therefore, APPLICANT agrees that in consideration of the CITY's waiver of its right to collect full fees prior to a determination of application completeness, APPLICANT shall pay an initial deposit in the amount of $2,958.00 which is for 17 hours of Planning Office time, and if actual recorded costs exceed the initial deposit, APPLICANT shall pay additional monthly billings to CITY to reimburse the CITY for the processing of the application mentioned above, including post approval review. Such periodic payments shall be made within 30 days of the billing date. APPLICANT further agrees that failure to pay such accrued costs shall be grounds for suspension of processing. CITY OF ASPEN APPLICANT Aspen Center~~FEn~fonmental Studies 1 <1 - By: ~~.Â£1+4.2.~~'f't,5,-2- By: ./ L ~f~,,~~ A-e,c Mi---President Diane Moore Mailing *~dress: P.O. Box 8777 City Planning Director Aspen ~81612-8777 I)ate: September 8, 1993 2 #ittittlittilitilitilitittlit#**ti#*444444&11&444%444444%4412%-'- ....44 4 44 444:44 4.4 44 4.4 44:41 ..14 .4 ++. I. .... ... ++ ++, ++. ... ... ... 4 t. -*+. .+ 414 North First Street ... .... .+ Co 81611 ++. Aspen, +I. 4 January 19, 1993 ++. ... ... +.. ". ++. +4k ++. ++. ++. +*. ++. City of Aspen ++. ++ .+ 130 South Galena Street :+I. ++ 81611 ++ Aspen, CO Z++. ++. ++ t.. +.. ++ Ladies and Gentlemen: ... ++ -++. ++ Re: ACES Zoning Application ++. =++. I. ++. Attached is a conceptual plan dated January 19, 1993 prepared ... ++. .+ by Conger Fuller Architects and Planners, P.C. (the "Plan") ++. ... *+ which covers certain property I own that is included in the ... ... .+ zoning application of the Aspen Center for Environmental =(11+. ++. *. Studies ("ACES"). I consent to rezoning my property Academic, ++ with SPA overlay, provided such zoning permits the construction ... +4 ++. of buildings as shown on the attached Plan, and is in strict ++. - accordance with the terms of this letter. ++. ++. You will note that the Plan does not provide for parking as + .+ = is normally required by the City. This is because the property .... will eventually be an integral part of ACES, which I founded ++. I. ++, â€¢. as an environmental learning center located in the heart of ,++. *+. Aspen. ACES has always been, and will continue to be, the ++. *+. environmental conscience of our community. ACES' mission is ++. to educate for environmental responsibility, to change people's ++. + beliefs and behavior about their activities which endanger the ++. earth. It is therefore extremely important that the activities *~~ at ACES be an environmentally sensitive model for using that ++. most precious of nur remaining resources -- natural open space. I believe the arrogance of the automobile has nearly destroyed ++. ++ the Aspen community that many of us have nurtured for over ... half a century. In recent discussions with Mayor Bennett I ++. have urged the Mayor together with the City Council to begin ++. the arduous, but vital, task of reducing the impact of auto- ... mobiles nn our City. There simply is no better place to start .+. this process than at ACES, which would like to be recognized ++. D+. - k+ TTttttttttTTTTtTttttTTTtTTTTTttttttTtTTtttTTtTTtTTtTttTtTttttTttttTTTTtTtTtTtttTTtttttTttTTTTT 444444*44444*4444Â·4444*44:11.4.44 Â·Â·Â· 41.4.414 4.14444.4 444*44444.4.44444.4 ... 44441444*44*444*444*44Â·44Â·444 SL-41.-6-1---- 4 -LuL li.=-14 -L _L- -LL- -- - JL ; = 2.1L. -16 -- - -1 -6,6 1- -1.-1- 1 -6 - 4 -i .,6 -Il-.1,L -IL -4.-4 - _LL 1.'teâ€¢e 4+ -9- -++. throughout the Roaring Fork Valley as the leader in the battle ,++. to reduce this pressure on our diminishing natural areas. What ++. an example to our community if we were allowed to use this ++. ++ -1... opportunity to create innovative solutions to alter conditions ... which make our world unhealthy to live in at present. ++. 4 . 2... The Plan will ban our summer interns and students from parking =*+. on :LCES property. ACES will make arrangements for all auto- ++. mobiles owned by these summer visitors to be parked in an area +.. +.. ++ or areas outside of the City. We envision a shuttle or public ... transportation that will take these persons tn and from ACES. ++. The nascent example of an intercept parking area on the outskirts ++. of Aspen such as the Marolt Ranch can be used as a labnratory to .+. develop a concept for the entire city. In Europe, both St. Moritz 2.+. and Gstaad, Switzerland, do not allow an automobile within the ... city limits. I hope that this idea has merit and will assist you ++. in solving the transportation problems you are stud>ing at present. ... Only bold experiments of this sort will lead to solutions which =*+. ++ will benefit all the citizens of Aspen. +.. =... ++. + Very truly yowvs, 1 ++. .... =... ++. ++. ++ Elizabeth H. Paepcke ... ++ t.. ... ++. ++. ++. Â·lin -+I 9,+. 5++. =+.. ++. L++. :*+. -*'. .+. :tttlttt:ttt:ttlt.:t.ttttlt.t:tttftttlttt tfttt:ttt'.trtttlt:ttlt.tt:t:trt.trt'ttlt.tÂ·r.t.+*t... l ]HARN / \U > 1 ' ~~x-/ ~ L 7.2--- 'Jr -3Â«00~ft -\\--N 1\\%---1//- 1'1 / 06(~Pl 70#e- 1 \K 12 6 ----- 2 21 + ,l - 1 4 1- -- 4 vr '4 1/ 7 . I. - 1 0 / r- /1 I : ./4 1 4.1 k ./ 14 I, 21' / 4 Â° SWITCHING CITY ELECTR MT . f 2~* < 1~ SIN\ON Â» .,1.' - - 1 // f PROFESSORS p c /, ; . \ HOUSE ' E -- 4 ' /1 11 . . ' 7/ . -- STAFF , , tr. i - 41/-1 1 . 'll 11 1 N . f . I ex , h./ 4.- ' , -' ' 1,fl~ , i/rjk..i 1 J 4 1 1 11 Itt. 71 11 , An 14 3 1 1 7 1 1. I. , .1, 1,1': ..1, 4 - 431 ~ SUMMER INTERN - r - 1. ' '~ *HOUSING , 9 a t.x â€¢ -. 4, 11 - . ..: .1 1 - . r " "44.-4?1, 1,1 1 7 Grv. , t i i h V.: A: ir.. ' , , c..1 9 7 4, . 4 ..... 1,1.,1.. . Ir' ;'(Ph . + - 4.-9.ve 19Â·. 1 ' 1 %'/ 'i' 7 5 - 14 .. t. : 4.j :, ~~ \".4:,.e.[.9,4 ' 1Â·. * I " " 04# I f.' 25 Â« / \ 0<1391 ' .. li - 'it, Wi*43*.9 lf// ,Â· , 4*th b l 6 41,2. \,0 , ' COOK HOUSA A 1 1 ' BATH HOUSE 4// ID '6 A ASPEN 'L. 30 CENTER 4.YE'>'~ 0,f~,Â·~3:~<~ F-OR .1'.r , Â·4Â»> ,\ ENVIRONMENTAL .314 rk , -, r STUDIES - 11 11(.'11 111't 'K lilli 11'j'/1111'11,11, lilli .*-6.6++++l--+44-64-+ttitt-'-litt++tij 1 4". ..4 el 4.- Â·.+N â€¢42 4... Â·+41 1 +451 D.. -â‚¬1 414 North First Street Dâ€ž I+N Co 81611 ,+â€ž Aspen, K.+ October 2, 1992 "+. ID.. Mr. 11 Dietsch 11â€ž. c/o Wayburn 740 Castle Creek Drive 4*+ Aspen, CO 81611 Dear 11: 4*+ ...8 i... +41 ,}â€ž. I hope that you and the Board understood what I was trying to 40+Â· -4 say so ineptly and awkwardly at the Board meeting at my house 4.... .++N 4.+. ..+11 recently. 4++Â· .41 ACES is an environmental institution founded to disseminate 4*+Â· +4 information and to protect our natural surroundings. The 4- important thing, I think, to remember at your upcoming retreat 4... 0.. 4++Â· â€¢4 meeting is the emphasis I place on the word "protect". Under g... ...N 4... this heading I would suggest that as many motor cars as is 40â€¢Â· -4 possible are banished, not encouraged, on \CES' property. The 4++Â· 0-N 4"Â· City parking garage is within walking distance of ACES even for 40+. 4... ...11 someone as old as I, who am 90. For those who cannot make it 4+IÂ· + 4{1 4>+ a mini-bus might be an investment for ACES which could he used 4... ..1 to pick up ailing visitors on regular pick up hours. el 4+ + 4+I 4+IÂ· The Professor house could be rebuilt in order to house more r:++. ..41 lecturers with a second story added containing more bathrooms. Â·+N For intern and student housing a simple dormitory could be 4*â€¢Â· ..Â·41 0.. 4 constructed on the land which you call the Mushroom Property. 4++ Personally I am against an expensive campus difficult to run 4... and to maintain. Frankly I was appalled by the suggestion of 82 a low cost hotel to be run in competition with other housing it:: ..4 in Aspen. Think of the antagonism thus aroused in the City *,â€ž ..411 as well as the cost to ourselves. From past experience which 4+I. ...{1 4+ Walter and I had from trying to own as well as run the Jerome Fi,+. 4+N 4... Hotel and the Meadows property, this is an impossible dream. 4. +41 4.+ ...41 19.. Very truly yqprs, C#. 1 11- 7. /1,4 - 44Â·+ #1. ..44 Ii,+Â· Â·+4 1 Elizabeth H. Paepcke 4+. 1.41 :3... ipÂ· *,Â· ..48 4+IÂ· 44Â· ..40 9.. 4,+. .+2 .+N ./ 4*+Â· .+11 D+. ..+N i*)+Â· ..+N g... ..+N 1.4 4+I. :tt..... .............Â·rt...... . ......t......r.....ttl.trtâ€¢.It... r .....-I.......lit.... . ...t...t 114111114111141141 1 -. DESCRIPTION OF AREA TO BE ZONED "ACADEMIC" A TRACT OF I,AND SITUATED IN THE EAST HALF OF SECTION 12, TOWNSHIP 10 SOUTH, RANGE 85 WEST, AND IN THE WEST HALF OF SECTION 12, TOWNSHIP 10 SOUTH, RANGE 84 WEST OF THE SIXTH PRINCIPAL MERIDIAN, PITKIN COUNTY, COLORADO, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTHERLY BOUNDARY OF LANDS BELONGING TO THE ASPEN CENTER FOR ENVIRONMENTAL STUDIES, (A.C.E.S.) WHENCE THE QUARTER CORNER BETWEEN SAID SECTIONS 7 AND 12 BEARS N 22Â°41'18" E 632.67 FEET; THENCE ALONG SAID A.C.E.S. BOUNDARY THE FOLLOWING COIIRSES AND DISTANCES: S 34Â°55'17" E 38.09 FEET, S 82Â°05'40" E 178.19 FEET, S 74Â°18'00" E 25.73 FEET, S 62Â°39'00" E 165.75 FEET TO THE INTERSECTION WITH THE NORTHERLY BOUNDARY OF THE GIVEN INSTITUTE; THENCE ALONG THE BOUNDARY OF THE GIVEN INSTITUTE THE FOLLOWING COURSES AND DISTANCES: S 70Â°18'15" E 73.61 FEET, S 06Â°18'51" W 103.11 FEET, S 18Â°12'00" w 108.73 FEET, S 09Â°25'21" E 52.10 FEET, S 23Â°21100" E 83.49 FEET TO A POINT ON THE EASTERLY EXTENSION OF THE SOUTH LINE OF FRANCIS STREET; THENCE S 75Â°09'11" E 41.12 FEET ALONG SAID EXTENSION TO THE INTERSECTION WITH THE WESTERLY LINE OF THE TRUEMAN NEIGIIBORHOOD COMMERCIAL PROJECT; THENCE ALONG SAID WESTERLY LINE THE FOLLOWING COURSES AND DISTANCES: N 43Â°08'33" W 15.38 FEET, N 82Â°02'31" E 63.52 FEET, N 85004'52" E 47.96 FEET, N 42Â°41'49" E 101.57 FEET, N 40Â°22'50" E 117.85 FEET TO THE INTERSECTION WITII THE NORTHERLY LINE (OR THE EASTERLY EXTENSION THEREOF) OF LOT 6, BLOCK 1, LAKEVIEW ADDITION; TIIENCE N 79Â°11'00" W 132.44 FEET ALONG SAID LINE TO THE CORNER COMMON TO LOTS 6 AND 5 OF SAID BLOCK 1; THENCE N 20021'30" E 100.00 FEET ALONG THE WEST LINE OF LOT 5 TO TIE NORTHWEST CORNER OF LOT 5 ON TIIE SOUTH LINE OF PUPPY SMITH STREET (FORMERLY SMUGGLER STREET) ; THENCE N 79Â°11'00" W 30.00 FEET ALONG THE SOUTH LINE OF PUPPY SMITH STREET TO THE INTERSECTION WITH A LINE THAT IS PARALLEL WITH TWO STONE FENCE POSTS; THENCE N 10'49'00" E 40.00 FEET ALONG SAID LINE AND ACROSS PUPPY SMITH STREET TO THE INTERSECTION WITH THE NORTH LINE OF PUPPY SMITH STREET; THENCE S 79Â°11'00" E 120.99 FEET ALONG SAID NORTH LINE TO THE SOUTHEAST CORNER OF LOT 4, BLOCK 4, LAKEVIEW ADDITION: r Â» THENCE N 10Â°49'00" E 100.00 FEET ALONG THE EAST LINE OF LOT 4 TO THE SOUTH LINE OF LOT 7; THENCE S 79Â°11 '00" E 95.61 FEET ALONG THE SOUTH LINE OF LOTS 7 AND 11 TO THE INTERSECTION WITH SAID WESTERLY LINE OF THE TRUEMAN NEIGHBORHOOD COMMERCIAL PROJECT; TIIENCE N 07Â°58'20" W 126.76 FEET ALONG SAID WESTERLY I.INE TO TIIE INTERSECTION WITH THE NORTHERLY LINE OF BLOCKS 3 AND 4, LAKEVIEW ADDITION; THENCE N 79Â°11'00" W 389.23 FEET TO THE ORIGINAL EASTERLY BOUNDARY OF THE PROPERTY OF THE ASPEN CENTER FOR ENVIRONMENTAL STUDIES (A.C.E.S.); THENCE N 02000100" E 101.37 FEET ALONG SAID A.C.E.S. BOUNDARY TO A POINT IN THE CENTERLINE OF THE ROARING FORK RIVER; THENCE ALONG SAID A.C.E.S. BOUNDARY AND ALONG THE CENTERLINE OF THE ROARING FORK RIVER THE FOLLOWING COURSES AND DISTANCES: N 64Â°27'00" W 115.50 FEET, N 05Â°27'00" W 63.32 FEET, N 40Â°30'00" E 144.50 FEET, N 20Â°25'00" E 164.75 FEET, N 14011'00" W 24.64 FEET, N 38Â°13'00" W 123.19 FEET, N 34Â°06'00" W 105.54 FEET, N 27Â°30'00" W 136.58 FEET, N 13Â°26'00" W 106.82 FEET, N 20*00'00" W 56.00 FEET, N 26'20'00" W 317.00 FEET, N 06Â°22'00" W 125.65 FEET, N 65Â°53'20" W 15.51 FEET TO AP 55 OF THE NORTH ANNEXATION TO THE CITY OF ASPEN; THENCE N 05Â°10'00" E 168-87 FEET ALONG LINE 55-54 OF SAID NORTH ANNEXATION TO THE SOUTHEAST CORNER OF LOT 1 OF THE MERRIAM SUBDIVISION; THENCE ALONG THE SOUTH LINE OF SAID LOT 1 THE FOLLOWING COURSES AND DISTANCES: N 86'16'00" W 65.00 FEET, S 43007'41" W 145.00 FEET TO THE NORTH CORNER OF THE A.C.E.S. BOUNDARY; TIIENCE ALONG THE WESTERLY A.C.E.S. BOUNDARY TIIE FOLLOWING COURSES AND DISTANCES: 43Â°07'41" W 133.08 FEET, 28'08'00" E 53.41 FEET, 62Â°48'00" W 45-50 FEET, 80Â°28'00" W 159.76 FEET, 01 0 00 0 4 . 50Â°04'00" W 86.70 FEET, 03Â°45'00" E 101.63 FEET, 07Â°45'00" E 121.86 FEET, 89Â°11'00" W 37.85 FEET, 29Â°07'00" E 115.46 FEET, 37Â°06'00" E 81.60 FEET, 07Â°00'00" E 40.30 FEET, 19Â°08'00" W 63 -50 FEET, 30Â°50'00" w 116.43 FEET, 05Â°09'00" W 124.93 FEET, 77Â°55'00" W 33.89 FEET, 17Â°25'00" E 88.84 FEET, S 49Â°55'00" E 127.22 FEET, S 44Â°34'00" W 21.54 FEET, S 54Â°47'12" E 87.66 FEET, N 79Â°05'00" E 46.45 FEET, S 49Â°41'00" E 49.80 FEET, S 34Â°25'00" E 78.60 FEET, N 55Â°35'00" E 49.93 FEET, S 40Â°36'53" E 5.17 FEET, S 09'26'25" E 210.13 FEET, S 34Â°55'17" E 92.50 FEET TO THE POINT OF BEGINNING; CONTAINING 25.5 ACRES, MORE OR LESS. 01 U; U) M [f] [.0 [0 0 ED 0 U) l.0 IRTIFICATE OF OWNERSHIP Pitkin County Title, Inc., a duly licensed Title Insurance Agent in the State of Colorado hereby certifies that ASPEN CENTER FOR ENVIRONMENTAL STUDIES, A COLORADO NON PROFIT CORPORATION is the owner in fee simple of the following described property: THE PROPERTY DESCRIBED IN THE FOLLOWING DEEDS ATTACHED HERETO AND MADE A PART HEREOF: BOOK 341 AT PAGE 372; BOOK 341 AT PAGE 374; BOOK 341 AT PAGE 376; BOOK 341 AT PAGE 378; BOOK 370 AT PAGE 687; BOOK 382 AT PAGE 272A; BOOK 385 AT PAGE 690; BOOK 457 AT PAGE 661; BOOK 480 AT PAGE 223; BOOK 502 AT PAGE 245; BOOK 581 AT PAGE 885; BOOK 633 AT PAGE 993; BOOK 636 AT PAGE 135. COUNTY OF PITKIN, STATE OF COLORADO. AS THE SAME IS SHOWN ON MAP ATTACHED HERETO. ENCUMBRANCES: NONE Subject to easements and rights of way of record. This certificate is not to be construed to be a guarantee of title and is furnished for informational purposes only. PITK~ COUNILFFLE, INC. BY: 1448~-11 AlÂ·9Â¥~ authoriz~ ~ignature CERTIFIED TO:(~TEMBER 13, 1993 @ 8:30 A,M. â‚¬<45 Â·Â· ReÂ¢o:Wed aL- o'clocCP-M.. Dec 30 1977 . - I , ./ 1 . 3 1 4. . -3 -A -/ ' 4 4.4 4 ..r" f; . Julie Hane - #30+ '+ Reception Nou.'.11 er. * ' - r 1 ..KE... ~ .. ~1. 9 35: Tms DEED, Made this 29th day of December , 1977 , , between Elizabeth H. Paepcke of the County of Pitkin and stat, of DEC s O R.1 iD * Colorado, oY the first part. and Asnen Center for - Environmental Studiest a Colorado non-profit v corporation, of the - County of Pitkin and state of Colorado, of the second part, WITNESSETH, Thal the said part y of the first part, for and in consideration of 1$â€¢ â€¢"m of TEN DOLLARS and other good and valuable consideration ReW>Mt#x --- to the said part y of the first wet in hand paid by the said part V of the second part, the receipt whereof is hereby confes.ed and acknowledged, ha S remised,-released. Iold,tbnveyed and QUIT CLATMED, Rnd by' ' thele prosent, does remise, release, sell, convey and QUIT CLAIM unto the said party of the second part, -- ltS --Â· heirm. ;ucce:cor: and .Â«ins. fozever, all the right title. interest, claim and demand which the said part 1,' of the first part ha S in and tn the following described lot <,r par:c: of lind Mituate. lying and being in the County of Pitkin and State of Colorado, to wit: An undivided 8/12th interest in and to two parcels of land more particularly described on Exhibit A, attached hereto as a part hereof. TO HAVE AND TO IIOLD the same, together with 811 and singular the appurtenances and privileges thereunto belonging or in anywise thercunto appertaining, and all the estate, right, title, interest and claim whatsoever, of the Baid part y of the first part, either in law or equity, to the only proper use, benefit and behoof of the said , part 5, of the second part, its hein and assigns forever. IN WITNESS WIZEREOF, The 5aid part y of the first part ha S heret~:Net her hand and seal the day and year first above written. - E! 43, 6-a 1 lj1Â·l~-.-=..fil-rxL -[SEAL] "2*zibeth H. Paepckâ‚¬~ Signed, Senled and Delivered in the Presence of [SEAL] [RE A T.] [REA T,] STATE OF COLORADO, 1.. Vuu i, â€¢., u- 1 -,- ui~ - I â€¢ The foregoing instrument wa. acknowledged before mc this 2 9 th day of December 19 77, by. Elizabeth H. Paepcke ...""b'â€¢4, Mycommission expirci August 20 , 1980 .Witnessmy hand and officialleal. :Â·~'.r.....4............. , U .. N:ZE Â· A.2 / -- :t-it .... .E-I . '.+:--- -- . * .* :0 , 1/lity.-i.. Â· I ' 1 - EXHIBIT A TO QUIT CLAIM. DEED-FROM ELIZABETH H. PAEPCKE TO . ASPEN CENTER FOR ENVIRONMENTAL STUDIES LaÂ· Dated December 29, 1977 A PARCEL OF LAND SITUATED IN THEÂ· NE 1/4 OF THE SE 1/4 OF SECTION 12, TOWNS!!IP 10 SOUTH, RANGE 85 WEST OF THE GTH P. M., PITKIN COUNTY, COLORADO BEING MORE FULLY DESCRIBED AS FOLLOWS: BEGIANING AT A POINT WHENCE THE EAST 1/4 CORNER . OF SAID SECTION 12 BEARS N 22Â°41'18" E 632.67 FEET; THENCE S 74Â°18'00" E 205.98 FEET; THENCE N 82Â°05'40" W 178.19 FEET ; THENCE N 34Â°55 t 17" W 38:09 FEET TO frlt,t' DA T Kl T OF BEGINNING, CONTAINING 0.057 ACRES, MORE OR LESS. A PARCEL OF LAND SITUATED IN THE NE 1/4 OF- THE-- - SE 1/4 OF SECTION 12, TOIMSHIP 10 SOUTH, RANGE 85 WEST OF THE 6TH P. M., AND IN THE NW 1/4 OF THE SW 1/4 OF SECTION 7, TOWNSHIP 10 SOUTH, RANGE 84 WEST OF THE 6TH P. M., PITKIN COUNTY, COLORADO,' BEING MORE FULLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT WHENCE THE 1/4 CORNER COMMON TO SAID SECTIONS 7 AND 12 BEARS N 01Â°46'19" E 646.99 FEET; THENCE S 74Â°18'00" E 177.97 FEET; THENCE S 02Â°00'00" E 41.23 FEET; THENCE N 62Â°39'00" W 194.52 FEET TO' TIE POINT OF BEGINNING, CONTAINING 0.080 ACRES, MORE OR LESS. / I .. . --- 24--------1:46 1 .. Dec 30 1977 a. A 97*-3 4~7Â·3 9 Rees*.a e - r.7 JU -- --- Wrln-r Â¥ 1.' 7.1 1 - " -0 - i Â·Â·4t " f Reception Ao____ __.- _. ...___-_.......Jalie...lIaneâ€ž.._.-1 ~~1: f Tms DEED, Made this 29 th day of December ,177 , _ between Elizabeth H. Paepcke DEC 3 0 '.LIi ) County of Pi tkin and Btate of . . .... . Colorado, of thc first part, and Aspen Center for -70 - a Environn:ental Studies, a Colorado non-profit j corporation, . , of the. County ofÂ· Pitkin and state of | Colorado, of the second part, WITNESSETH, That the :aid part v of the first part, for and in consideration of the sum of TEN DOLLARS and other good and valuable consideration NODENES. to the said part v of the first part in hand paid by the said part y of the second part, the ree.eipt whereof ll is hereby ecr.f.ssed and nel:*owledged. ha s remised, released, sold, conveyed and QUIT CLAIMED, and by these presents do e s remise, release, sell, convey and QUIT CLAIM unto the said party of the second part, 2 its heirs, succe,-ors and assigns, forever, all the right, title, interest, claim and demand which the said j part y of the first part has in and to the following described lot or parcel of land situate, lying and being in the. County of Pitkin and State of Colorado, to wit: An undivided 8/12th interest in and to a parcel of land, being more specifical y -- described orlÂ·- Exhibit A, attached here o as a part hereof. TO HAVE AND TO HOLD the same, toget:ar with all and singular the appurtenances and privileges thereunto belonging or in anywise thereunto appertaining, and all the estate, right, title, interest and claim whatsoever, of the said party of the first part, either in law or equity, to the oniy proper use, benefit and behoof of the said part y of the second part, its heirs and assigns forever. IN WITNESS WHEREOF, The said part y of the first part ha S hereunto.-521 her hand and seal the day and year first above written. - 844/FR. 2 4,>cke- ...ic...... .....[SEAL] Elitkbeth H. Paepike Â£ Signed, Scaled and Delivered in the Pre9ence of [SEAL] 1 -[SEAL] [SEAL] STATE OF COLORADO, County of Pitkin JSS' The foregoing instrument was acknowledged before me this 29th day of December:Â·., 19 77, by* Elizabeth H. Paepcke My commission expires AugUSt 20 ,1980.Witne98 my handandofficial seal-Â·.,7 Â«, R \63 Â· . r \ % - \Al P r-1 +J â‚¬5fs' 'r'.,6 Câ€¢DI>/- -ft.2 - 170 t-Â·- c 341 f1i375 7 EXHIBIT A TO QUIT CLAIM DEED FROM ELIZABETH H. PAEPCKE TO ASPEN CENTER . FOR ENVIRONMENTAL STUDIES DATED , December 29, 1977. A PARCEL OF LAND BEING PART OF LOTS 1, 2, 3, 11, 12, 13 AND 14, BLOCK 3, LAKEVIEW ADDITION TO THE CITY OF ASPEN, COLORADO, BEING MORE FULLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF SAID BLOCK 3, WHENCE-THE WEST 1/4 CORNER OF SECTION 7, TOWNSIIIP 10 SOUTH, RANGE 84 WEST OF THE 6TH P. M., BEARS N 14Â°58'00" W 730.03 FEET; THENCE N 02Â°00'00" E 222.63 FEET TO THE NORT}IWEST CORNER OF SAID BLOCK 3; THENCE S 79Â°11'00" E 75.90 FEET ALONG THE NORTH LINE OF SAID BLOCK 3; THENCE S 02Â°00'00" W 222.63 FEET TO A POINT ON THE ,1 SOUTH LINE OF SAID BLOCK 3; -1 THENCE N 79Â°11'00" W 75.90 FEET TO THE POINT OF . BEGINNING, CONTAINING 0.383 ACRES, MORE OR LESS. . 1 . bÂ·Â· 4,@Ld . 11 ' ' -- ...06* .~~, - .. 404.t-Â· ? U.* 411 **2 I . /"Ar. ....... --- & Reception Ne..6_...A-1.-D'.-......... Recorder. - fw. I Julie Hane -1,10= 1 :....f 'ti | Tms DEED, Made this 29th day of December , 1977 , 1 between Elizabeth H..Paepcke DEC no D?.3 f -OK I of the County of P i tk i n and 8tate of .~ | JE:Iado, of the first part,=d Aspen Center for u...lronmental Studies, a Colorado non-profit - ~-~i,+f, Â· corporation, of the County ef Fitkin and state of - Colorado, of the second part, WITNESSETH, That the said part; y of the first part, for and in consideration of the sum of TEN DOLLARS and other good and valuable consideration IXONXCUX, to the said part y of the first part in hand paid by the said part y of the second part, the receipt w> -cof , ..C<*13. is hereby confessed and acknowledged, ha s remised, released, sold, conveyed and QUIT CLAIMED, ar - by these presents do e s ren.ise, release, sell, convey and QUIT CLAIM unto the ..id part y of the second part, its heirs, successors and assigns, forever, all the right, title, interest, claim and demand which the said part y of the first part ha s in and to the following described lot or parcel of land situate, lying and i -~ ~4* ~ bcin: in the Countynf Pitkin Inri Stnt. of cr,!Arrli, tn Wit. An undivided 8/12th interest in and to a parcel of land, being more specifically described on Exhibit A, attached hereto as a part hereof. The purpose hereof is to give and convey to grantee an . accitional undivided 3/12th interest in and to the subject property and to correct legal descriptions contained on previous deeds of fractional undivided interests (totaling 5/12ths) between grantor and grantee. TO HAVE AND TO HOLD the same, together with all and singular the appurtenances and privileges thereunto belonging or in anywise thereunto appertaining, and all the estatd, right, title, interest and claim whatsoever, of the Mid part y of the first part, either in law or equity, to the only proper use, benefit and behoof of the said - 8,46.69 &4 .tpl .[SEAL part y of the second part, its heirs and assigns forever. IN WITNESS WHEREOF, The said part v of the first part ha s hereunto set her hand and senl the day and year first aboOc written. Â£ 21*12*etn H 7--PiÂ®.6.k* Signed, Sealed and Delivered in the Presence of â€¢ [SEAL] [SEAL] [SEAL] STATE OF COLORADO, 2 85. COÂ¥--4 -' D 4 4- b 4 4 U*AV W . & AA' The foregoing instrument was acknowledged before me this 29th -day ofÂ· December 19 77'by. Elizabeth H. Paepcke My commission expires August 20 , 19 8 0 . Witness nly hand and official seal . - =f - 1 .................\~ .....0,62_21.E-%1.: fÂ»..437-, ~..- ~ ~ ~- ~ .* .... - .- 1 \ Na /1,1 OTÂ·IT rÂ·F..41: Dr-Fn _h...4'n-2 Pub i,fir,7 0- "31 / "ni:' St--Â· Dp-â€¢I~r- Chln-,|- ---T' M/Â»1 U *11~â€¢1â€¢1â€¢- , I ''' f 0 w .3,8 + 4 4 + 8 8 4 + 4 63 4 9 4 0 6 4 4 ''t 01 7 : C :C:STZZmmgmZ il~ ~ 7;% Ze=== W W e ,-3 W >j â€¢-3 t â€¢-3 O,30â‚¬' 991-1 â€¢-3.4 â€¢300 0 W HO) a M MM M M n MMOOMMM te WMMEMMM ===:C=HZ= M O%0**%,7:tl:*#WO O>ZM H'Â·MZZZXZZZZZ;5ZZJZZZZZZ MHMMMOMM M CMZMMMOJMMMrok Z O (1 0 OOOOOO0O0000000on ZZVZZC:ZZ Z :d z 1-3 zZZ '21 XZZâ€¢ 3 Â§ ES R. Z: t:; l:j PlmMMM M MMWM tr) M MM M HMM 000 00 â€¢3 0 0 Z o Z Z Z M Z Z Z Z Z z Z Z [n o M OO O n a 0 00'C e; H MWMMM-MM M ~MNIMMIMMEÂ·Â·JZMPÂ· 530.0 : Z 9 0 r.0 Z [f) rn Z U'~ Cr) 01 M u] 01 03 0] CO 61 01 01 60 .4 cl ~ ore t\, H KJ WW 1-~ N.) .6 0 0 nom Zâ€¢-3 Â· 0 00 0 r./9 0 >910(..nOC) Ch OWUADDLOOM A 43 H Z :0 4 0 0 0 0 41 4 H O A â‚¬ M 4 W O Â·A Ul W A -1 Ul 4. 6 b-' -J O W P O W k) m O <: - 001 0 0 0 0 0 0 0 0 0 0 0 opoz MOZ. W Â»' 5- 1. 10 0 U-1.Â£.O 0 P .t~ Li jwJ Ll O 0 4 -) O 0 -J O Ul co O,10 1-1 + W Ul 00 10 W O to W O 1Â·-' 1-1 10 W 10 10 e M O 4 0 0, g CO W M Z 2 01 10 00 U #iM M 000000 0,0 0000000000000 W O O N CO Z (11 ul W> N>OO eâ€¢ 0 0, W }-= Lrl O W.JCJ t--1 M A to U A re a ,-3 CO H a m ,-1 - 9 (D O ti X (23 Lil W W,W 10 A O P W L.n N Ul O Ul O O O O H .2Â» 0 0 0 0 0 01 00 0 - M - - - - - - - - - - 0 - H O O ) 0 0 0 0 0 0 -â€¢ 32 Z M t.0 D WH Z 2 8-1 C, cn Uâ€¢ l.r, }-~ Ul .:3â€¢ â€¢11 0 Ul Ul Q O CO O Oâ€¢â€¢ -J k-â€¢ Ul AOIJAO Prog 00 00 CD : 3 1-1 E %33*2222222222222222 - - - - - M - =z : : M I O-*W.-4 â€¢3 0 - - - - - - - - * - - - * - - - - - - Ul .bâ€¢ CO a) 00 >, 41 0 0 .-i 0 000 *; g gg g gg g ~. 31 gU g 8% 35 80 W .' C 3 2 50>e p - -- - !21 8 kic; Jggc; 12 1-: u] 2:Clg,JE 00 000 D 1-302 12â‚¬EWEEâ‚¬MMEED F]0000004 M X O&> 4 1-1 43 - rt, <; ti â€¢-3 Z M M M :11 M M M M â‚¬ M M * S E â‚¬ M'M M 2 M - - - = 2 0 = 4 0 ~; ... ; : 0>0 1-3 '-1 =Z 50 te > 0 1-1> U :O P w GY â€¢ H e M V ,-0 g P M > 0 4 4 $ H W 19 O M Â£ 1 Â£ M c t-1 3% 1--' O re H-Â· 0 0 Ul O k> .t. cÂ·, 4> W k' â€¢, HO t'JM :=: M [d te t:1 -â€¢3Mt=]01,3 lo -A= r= --3 ~0 to Ul â€¢th -1 â€¢b r..J WHOOW H' 90, atâ€¢ 0, 1- W P 0 0 0 3 0 4 â€¢ 0, 00 Ul W â€¢ a A â€¢ 01 0 > 00 n 0 - 3.0 te 10 P â€¢ W cO t.0 0 W WWOOWN )-' WO 1-â€¢ 1-â€¢ gte 1.-0 00 1-' A. 00 Z Ul â€¢ â€¢ â€¢ 0. .. Ch â€¢ 'Wâ€¢ :d O w .6 " to 1-1 6, Z H "1 c' O P H M 0 6'lut Ul OOOM Vt U) 0, 0000 '11 Lrl P .6 .0 teel O +1 61 0 }= 0 l.n g 03 ta 75 C ,-3.3 0 4 ,- Z 'd O â€¢ (21 , .J 0 0 Co k, u el â€¢ Co 00 â€¢ â€¢ Ul W <n â€¢ Co â€¢ 8Â° 55j woOCOW 08.WESÂ°Â° 020 * 0 -1. ul co wl L ~' MLrio,~k)~AID ,:, Ul Oh,0 'M ZA* ' /'. 00. c 4,0 â€¢-3 > C g O â€¢ *-1 N I %.1 â€¢ 0 +J t-1 O 0) > -J>MH M. el ':1 ':1 41 9 41 41 "71 '11#1 9 -1 0 0,-1 0 Ch N) 3'. 0 41 0 't M M 91 4 -1 '9 Crl 41 9 21 '1 4 O 0 w u, U 1-J t.3 â‚¬ H. 11 2 0 â€¢-3 . -1 t-' '0 â€¢-3 , 31 "3 M 01 MZMMMYMMY '11 M M M MMY W ~ m MM M M M M M -â€¢ MMmt:lt:1MM 0 7 c) /0 40 >= I CM 0 MM o tum 4 M 01 w A M M e M w O #1 41 9 "1 771 0 -d ,-3 0 0]Mn 5 3 M ri M tt r: M M M tl M M M MM 01 t:1 01 MM MMYMMÂ· >M+MEW..4 4 4- 4 1-3 -Â· â€¢-3 e w 'El M M 41 m 41 e O Z M 32 = A M e . 2 -3 91.Â· kÂ·3 â€¢4 -3 ,-3 1-3 4 M E â€¢Â·3 M M ,Â·3 E G m b M MIMMMQ Y M-Â· Z.Â·.Â· 'Â· 1Â·-1 X ta M M M M 0: M O En Â· 1-4 C > ?. 4: 1-1 -0 -Â· -Â· 'â€¢ -Â· -Â· 9 -Â· -Â· â€¢-3 )-3 -Â· -Â· -Â· 43 -Â· 14 M 63 M â€¢.3 â€¢Â·3 An â€¢-3 9 Z M â€¢-3 43 M 1-5 M.3 p Ma- 1 Z O 4 + ... 9 0 1-to X .. 4 - t -â€¢ -â€¢ -â€¢ M 01 53â€¢3 -Â· -Â· f -Â· e " N} 53 OP 4 M Y , 1 H 4 %. Afgy> 4 M -. M CS = C: A 12 0 0 0 >.u - 4 4 =MD S. M n Â»301 0 M (tr] ~ - .. M W > 072=M. O ' C -- 0 4. 4 4. 2 ' hi ' ~ W Y H H M >l 0\>7"000> ,Â·3 ' O .0 . 0 uÂ·1 0 M Â·9 Cl '-I r 0 Z O Y or) 1,3 -Â· r W orooâ‚¬ M OÂ· WOOC 31 p ZX â‚¬ '3 10 53 r Z co 0 \ â€¢3 4 , 1-4 0 7 H 6 0 0 N te Z 1-4 A M O K C :o O 4 p W E - ,-3 > 0 r - 03 =LY 1., e .. 4 0 ' :C 00 . I . 1 , t - 3 11* 1-7,2 SHL Om HAZIn . n 1'.it-:.Â·.ILT. .- 041 Â°'.ilita 2(}0759 Julie Han# Reception ............................................................... -Recorder. Tms DEED, Mado this 29th day of December ,!9 77, between Aspen Center for Environmental Studies, .. 6-- 11'.'n, . Â· non-profit Â· . DEC 2 0.. 0. 9/corporation taly organized and exliting under and by virtue of the laws ' n- . of the State of Colorado, ofthe first part, and Elizabeth H. 1 Paepcke of the â€¢ County of . & ... -.. - State of Coloredo, of the seend part, WITNESSErH, That the said party of the first part, for and in ronsideration of the sum of TEN DOLLARS and other good and valuable consideration :6?kkÂ·kmt to the snid party of the first pr.it in hnnd paid by the said party of the second part, the receipt whereof is hereby confessed and' acknowledged, hath remised, re:eased, sold, conveyed and QUIT CLAIMED, and by these pres- of_the.Aecond_part,._-her enis doth remise, release, sell, convey and QUIT CLAIM unto the said Fart V heirs and assign, forever, uli the right, tit'.c, interest, claim ana fiernand which the said party of the first part hath In and to the following described situate, lying and being in the D, +leÂ· i n until State of Colorado, to wit: , See Exhibit A attached hereto as a part hereof. - - TO H..VE AND TO nOLD the same, together with all and singular the appurtenances and privileges thereunto belonging, or in anywise thereunto appertaining, and all theÂ·e.*ate, right. title, interest and claim whatsoever, of the said party of the first part, either in law or equity, to the only proper use, benefit and behoof of said pbrt y of the second part, her heirs and assigns forever. IN WITNESS WHEREOF, The said party of the first part hath caused its corporate name to be hereunto - subscribed by its President, and its torporate sea! to be hereunto affixed, attested by its Secretary, the day and year first above written. i Attest: Â¢A Assen Center for Environmental St,-dies, Secretary. a--26162186-Â¥EW-bfofit*6694~694â‚¬Ib'h . 41 1 ' O.k>r..., v By...7fa&6...1%4*66Â·~~.- STLZE OF COLORADO <ES. '. -.......,...~............,-_.County of....2.itkill..........,1 ' The foregoing instrument was acknowledged before mc this 29th day of Decerher 1977 .by Max E. Freeman as 1 r., Ve J t 1Â·.Â·1 Â· 0 Â· Marilyn Hughes 25 '' non -: ; r.: f i. 'Â·'- Aspen Center for Environmental Studies, a Colorad- R/20/80 , My notanal c,4.miggion exp:res . U itness my lia/.1 a. & r, ffic,-:1 .c:,2. II :al ...:.379 --~ EXHIBIT A TO QUIT CLAI': DEED FROM ASPEN CENTER FOR ENVIRONMENTAL .- STUDIES TO ELIZABETH H. PAEPCKE Dated December 29, 1977. . / A PARCEL OF LAND SITUATED IN TIIE NE 1/4 OF THE ------- SE 1/4 OF SECTION_14_TOWNSHIP 10.. SOUTH, RANGE 85 WEET OF THE 6TH P. M., PITKIN COUNTY, COLORADO, BEING MORE--F~Y DESCRIBED--AS-TOEI,OWS: ---------- - BEGINNING AT THE SOUTHEAST CORNER OF LOT 24, S BLOCK 103, HALLAM'S ADDITION TO THE CITY OF ASPEN, . WHENCE THE EAST QUARTER CORNER OF SAID SECTION 12 BEARS N 30Â°00'07" E 648.05 FEET; THENCE N 12Â©24;00" W 241.90 FEET ALONG THE EAST LINE OF SAID BLOCK 103;. THENCE N 55Â°35'00" E 49.93 FEET; THENCE S 40Â°36'53" E 5.17 FEET; TIIENCE S 09Â°26'25" E 210.13 FEET; THENCE S 34Â°55'17" E 92.50 FEET; THENCE N 74Â°18'00" W 83.11 FEET TO THE POINT OF BEGINNING, CONTAINING 0.280 ACRES, MORE OR LESS. . 1 .. h * 41. Recorded at Â°'03 9/ o'clock P .M. â€¢7(1')1141~'2 : 7, Z Reception No. 421124 Recorder Lor.r Â·-2.: 2.7,2.wor A : f ' / in I 'CIO r. A L'' 0.4. // 3 STATE DOCUMENTAPY FEE , 4 2>4 STATUTORY DEED U. 1/' JAN 1 7 1980 ELIZABETH H. PAEPCKE, whose address is Chicago, County of Cook, and State of Illinois, for the consideration of One Dollar and other Valuable Considerations in hand paid, hereby remines, roleases, sells, conveys and quit-claims to ASPEN CENTER FOR ENVIRONMENTAL STUDIES, a Colorado non-profit corporation, whose address is Aspen, County of Pitkin, State of Colorado, an undivided four-twelfths (4/12) interest in and to certain real property situated in the County of Pitkin and State of Colorado, commonly known as the Hallam Lake Property and legally described in Exhibit A which is attached to and made a part of this Statutory Deed, but if the same shall ever by sold, conveyed, transferred or assigned whether or not for valuable consideration to Nature Conservancy or, if it shall cease to be in existence to the Audubon Society or to any similar non-profit organization devoted to the '~study and preservation of birds, wildlife and the ecology. 21.zal=: 1-1 (Ao Elizabeth H. Paepcke~e~e-- STATE OF COLORADO- J ) SS. COUNTY OF PITKIN ) a The foregoing instrument was acknowledged before me this .5- day of .r ,,Â·, ,> ... , 1980 by ELIZABETH H. PAEPCKE. ---h 4 WITNESS my hand and official seal. My commission expires: (tt.*. , Nctl-y Public I ' b t.il :,TE,FiTFJT'rET,Ar..7,/7.-2,1/3,1=-:11HNEZ,Wasin'/;//9aigEp . , . 2/< 84%44 t>ou -33 D- Pal â‚¬ 472 3 *. .4 1. - a. EXi!IBIT A EXHIM- A 70 QUIT CLAIM. DEED FROM Â· ELI:Ab ET}1 11. PAEPCK[ 72 AS /21; CENTCP, ; FOR ENVIAO â€¢r...â€¢ .... ., i ....., ..4 4. i .-Â·im,â€¢ r. December 20, 1979 A TUCT OF LAND SITUATED th T:Â·2 EAST 1/2 OF SECT:ON 12. TO'WNSHIP 10 SOUTZ. I.tâ€¢,CE 25 WEST AND IN TIlt WCS; 1/0 Or SECT!04 7, TOW?,111; r 10 SOCTI!, UNCE B< WEST Or NE FIN P. M., PIT-FIN COUNnY, COLORALO, DEING HORS FULLY DESCR:BED AS FOLLOWS: 2.CINNING AT A POLK'Z Wi,ENCE THE 1/4 COF{hER COMâ€¢:ON Â·20 SAID SECTIONS 7 AN: 12 ULARL N 22'41'18- E 632.67 FEET; 71:ENCE 5 34'35'17- E 36.09 FEET; 711'/CE L 67*05'43- 1 172.19 FEL-: 21:INCE 3 74'12'00- E 25.7.1 1,-CÂ·rÂ· - THENCE S (2'39'00- S 194.:Â·2 rEET; THENCE N C)'OC 'OC- 6.0 <1 . 2 1 r EST: TMENCE 5 74-18'02' 1 34.79 FE'f;; TJILNCE N 02Â·00'GO- Â£ 324.00 FEET TO A PO:NT IN TI{E CENTERLINE OF 0,7Â·5 ROAR!,AD Foilâ€¢. R:VER ; THENCE FOLLOwING SAID CEN'URL)NE 711[ FOLLOWING COURSES & .0....,Wh~L-. N 64'27'00- w 115.50 FEET; N 05'2 7'00- W 63.32 rEET ; N 40â€¢30'0,0- L 144.iC FELT; N 2 0 ' 2 5 '03 E 1 6 4.75 }-EET ; N ).:'11'00- W 24.64 7'557. N 38'13'00- w 123.19 }'EET: N )4~06'OC- w 105.54 FEET: N 27'30' E 136.58 FEET; & 13*26'02- w 106.62 FEET; N 20'00'00' w 54.00 7-ET: N 20â€¢20'00- 6 317.00 FEET; R 06'22'09. k 125.65 }Â·EnÂ·r: THENCE.DEPARTINS FROM SAYD CEN:EYLINE; 8 65'53'20- W 215.51 rEET: THENCE S 35'15'03- w 55.25 F.EN: 1-MENCE 5 7.5 B FEET ALONG 71,2 ARC Cr A CUPVE TO T}'5 RYCHT HAV'Â· - A PAD'US O/ 254.94 FEET: 2'liENCE 5 28'DE'00- r BO.86 FECT: THENCE 5 62'48'00- W /.5.M. FLE-: 71,[NCI 5 60'25'00- w 159.70 fELT: :Â·115/.7 3 50'04Â·:C- W 60.70 TEE:; THENCE S DJ' 4 L 'CC - E 1 0 1.63 TEST: T:!i-ICE S 07'45'00- E 121.95 11-Cr, THENCE S 29'11'00- 14 37.85 ,-r:1 07: THENCE S 2097'00- U 11%.4[ FEEN THENCE 5 37'0,Â·'00- 1 21.6: rEET; 1Â·1!ENCE S 0?40Â·IÂ·'0:- E 42.16 1*nEt: THENCE Y. 19-03'00- W 63.5:1 FLM: 7]18:ZE 5 30'50'00- w 11'.43 +IN: THENCE S 05'09 t.0 kÂ· 174.53 FEET: Â·TULACE 5 77'5' '(C- w 33.89 1+C!:T. THE'Â·CE S 1 'Â·25'CO' E BE.94 1-!-1.7: 1 THENCE. S 49*35'20- L 127.22 31:EL I 7112Â·CE 5 44'34'02* W 33.50 rE:-T; 1 7,!3â€¢Â·CE S 5;'14'0(* I 73.59 rEST; THO.JE 8 75~ SL' 02- : 1,4 1 b r Et:~1 : t 791.,â€¢Ct S <9'41'co- 1 Â·ftÂ· PO FLZE: i Te!.â€¢:CY. S .â€¢4'25'02 L 18 (,6 r!:71: THENCE N 5,*JL'C" F 49.41 rrvi: 1!11.2/ S 4('3 '11.4 r. 5..7 rriT; 71:ENCE 0 04'26'Li- 1 :]C.13 FF.FI: 71!EXCI. 5 34'55'1," :. 9~.50 r[:27 70 Tt,! 22:NT or ME#AL CON~;,~blbL 21.031 XML Y.le. AI LESS, - .1 SE-/ i - 1-tâ€¢Â·- ' . .-fe, Reception NO. ~~ Recorded at 4:11 arch 31, 1939 Lorotta Banner Recorder ' ",4-K MAR 3 1 1980 CORRECTION STATUTORY DEED 1,1 K. , 385:':690 ELIZABETH H. PAEPCKE, whose adaress is Chicago, '. Wit . : County of Cook, And State of Illinois, for the consideration cf One Dcllar and other Valuable Considerations in hand paid, hereby remises, releases, sells, conveys and quit-claims to ASPEN CENTER POR ENVIRONMENTAL STUDIES, a Colorado non-profit corporation, whose address is Aspen, County of Pitkin, State of Colorado, an indi-*'ided four-twelfths (4/12) interest in and to certain real property situ:.c.ed in the County of Pitkin and State of Colorado, commonly known as the Hallam Lake Property - and legally described in Exhibit A which is attached to and made a 7art of this Correction Statutory Deed, but if the same shall.ever be sold, conveyed, transferred or assigned to any person or entity whether or not for. valuable consideration, title shall vest in the Nature Conservancy, or if the Nature Conservancy shall cease to be in existence, in the Audobon Society or in any similar non-profit organization devoted to the study and preservation of birds, wildlife and the ecology. 211(NIM M, 1~1186 _ ~ &. Eliz eth H. Paepcke STATE OF COLORADO ) ) SS. COUNTY OF PITKIN ) The forggoing instrument was acknowledged before me this 1/9 day of //A- c 0. A , 1980, by ELI ZABETH H. PAEPCKE. - Witness my hand and official seal. 1 - My commission expires: .i,c Uff' -9 7 -4/, /.5~1;-'. 2-- , A-i A . ' LE. /11 f 2 l-, .1 . l . Â· i ~. 4 Not.!ry Public I. ..t Â· - j 't:~ Â·1 ' Pr =.'. 5 :' .4 .'. I ) d- --P#L./2.2&<' .. ': ':.. ./. . I' . *: - Ij/." 2.3 :3 0 + 2, 0 . .. 1 1 6 272 3 , EXHIBIT A 9,joK385 '1.2691 IX)1311]T A TO OUIT C].Ati: DIED r!(OKt 1:112/,LUTH H. PAE.22):E TO A5PC'. CLIÂ·TCP IO;t INVIRONMENZAL STOYES DATI.D December 20, 1979 A Th.21- 02 LAND S]TUATED 1,< THE EAST 1/2 OF SECIION 12, TO>OCUIP 10 LOUTI!, 19.â€¢CC 25 WEST t.Â·0 1/ 71!EE WiST 1/2 01- SECTION 7. 70-9511]1' 10 SO'.0!' RAH:,E 84 WEST Or THS 61'll .1 }4, PITKIN CCUSTY, COL<,PADO, I.LINC MC)R! FULLY DESCPISED AY FOLLOWS: BLCINN],40 AT A IOINT WHENZE TI,C 1/4 COPKEn COMDON TO SUD SECTIONS 7 ANC 12 D.ARS N 22'41'le- E 6]2.67 rEET; 'IntAct S 34'55'17- E 38.09 FEET: THEAX 5 62'05'<0- I 178.19 rt:L'-7; TMENCE 3 74'18'00- E 23.73 FLU'r: 7}!ENCE S Â£7'39'00~ E 194.32 7-27; TID:CE N (2'00'00- W 41.23 3-ECT: T}!INCE 5 74~38'00- E 35.70 FECT: N 02-00'00- E )24.02 TE[7 70 2 [Â·OINT 11: THE 111[,;CE CENTE)11.lk! 07 'Il'.E AOARI,IC TO;â€¢A RIVER: 7HENCE JOLLO'WING 51]0 CLK:ERLINE TilE rOLLOWING COURSES L DISTANCES: M 64-27'00- W 115.50 FEET: N 05'27'00- W 63.32 rEET; N 40'30'00- Â£ 144.50 1-ECT; x 20'25'00- 1 164.75 FEET: N ]4~11'00- W 24.64 FEET; H 38'1)'00- W 123.19 FEET: i )4*06*00- w 105.54 FEET: H 27'30' W 136.58 FEET: }4 13'2('00- W 106.62 rEET: N 20-00'00- W 56.00 FEET; I 20'20'00- 1.' 317.00 rrCT: N 0(,o22'00- W ]25.65 rECT: THENCE,DEPARTING FROM SAID CENTER:.IKE: / 65'53'70- W 215.51 rEET: THENCE S 35'15'00- W 55.29 FEET: 71IENCE 57.58 FECT ALON: TEE ARC Cy A CURVE 70 THE RIGHT HAVINS A PAD)US 07 75(.51 FEET; 1Â·MSâ€¢CE S 28'OE'00- E 80.86 rECT: THENCE 5 63'46 '00- W 45.5: 1-3-.2-7: TMENCE S SO'22'OC- W 159.7C TCLT: - THENIC S 50Â·04'co- w 56.'ho rED:7; Till:NCE 5 03'45'00- E 101.63 fiLT: THENCE 5 07'45'00" 1 171 8,6 1-Et.T: LENCE S 29'11'00- 6 37.65 7-0-7: 71[5,Â·'C[ 5 2'9'07'00- 1 115.46 1-12[r; , THENCE 5 37-06'00- E 81.60 FELT; 71!ENCE S 07'00'02- E <C.30 FLET: T}t[F.C[ S 19-06'00- w 63.50 TE:r:T: 711[NCE 5 36-50'00- W 11(.IJ }ECT: â€¢71Â·ENCE 5 05'05.00- w 114.93 rEi-: ']HEAS[ b ?7 53'00- W 31.89 FELT; T!,[Act 5 17.25'0Â·C- I 62.64 5-FLT: TE,ENCE S CD'55'CO- E 127.72 H.57: T:Irt:Ci. 5 44-3:*00- W ]].50 rrzo; Ing:CY S 51'14'CO* E 73.5$ TrET: THINCE 1: 75'05,'CD- r 1,5.1& FIC: : 2MENCE 5 <904:'08- E 45.80 FLK: Ter,:CE r J: ' 2 5 '02 - I 70 . CC, r r:IT: â€¢ 2'}1:t:CE 1 55'35'00- F 49.93 T-rt:'f; 1 !!ENCE 5 4 0 '35 '5 3' [ 5.1 7 r 017 i 71:EÂ·:EC 5 04-2.'21- 1 210.13 rEnT: TIENCE 5 34 * 5 5 ' .7' 9 52.50 r[:'7 TO TI.r 22!/7 0' 13!Clf:; ING, CONT/.It:th'I. 21.6 34 ACEr.0, P: h': 04 11 f S. 13'.Â·44 ....tr,4,01 .Â· -=1--87. .imi.*61;,ALL,bkiLE-A/41:-04#Lqgflar<26~0Â·< Recorded at _ _0___e'elÂ·,ek _EL M., .lilne-33_1919_- Loretta Banner L KeriÂ·Ption No. -21~7@ _ ..____.- P,ecorder. 4. 24 ELIZABETH H. PAEPCKE , whoseaddre,sis 999 Lake Shcr2 Drive, =3370 i,uÂ£687 11 2,:, I~ Chicago, Illinois 60611 b Countyof Cook ,and Stateof r.i -Â·142 :4.-0: ' Illinois , for the consideration of Ten JUN 13PAID .Ii- 0 lilli ~I . . ., Dollars, in hand paid, e 02,Â» ~ hereby sell(s) and quitclaimts) to ASPEN CENTER FOR i - j ~ ENVIRONMENTAL STUDIES Box 8777 430'65 1 -3:..: A whose addiÂ·egs is Co., 9 Il all her right, Countyof Pitkin , and State of Colorado, 446*Kxxont r ~ title and interest in the following real property in the -Imi Countyof Pitkin . and State of Colorado. to wit: -e H *IMXX1NCSDÂ®tle '17.. I 2 .4 A parcel of land being part of the NE1/4 of the SE1/4 of 4. fuff Section 12, T.lOS, R.85W of the 6th P.M. Said parcel is more E ..2 fully described as follows: 2 1, . ' Beginning at the most Northerly Corner of Lot 16 as shown t I on the Shaw, W.P.W. Subdivision Exemption Plat as recorded 0 1.. 1 in the Office of the Pitkin County Clerk and Recorder; thence N 44Â°34'17" E, 11.96 feet; thence S 54Â°47'12" E, 87.52 feet to a point on the Northerly line of Lot 17 as shown at said Subdi- vision Exemption Plat; thence S 79Â°06'33" W, 22.52 feet to ; 4 ... i ..Â·)..26. 4 ' r .- the most Easterly corner of said Lot 16; thence 74.12 feet along a curve to the right having a radius of 358.05 feet 1 2 4: (the chord of which bears N 51Â°21'33" W, 73.99 feet) to the 344 point of beginning. Said parcel contains 1,244 square feet I - 92.34 more or less. 1 .12 11 - 1 11 also known as street and number ~ with al] its appurtenances 2/ I..: C. 41 1 1. dayof ~italÂ© Â·19.11 Signed this ~ ! ' E A null,-8 11242)(i-Fle. ; 1 EL~ABETH H. PAEPCR.p, 44 - A. 4 3 1- 1 ' ILLINOIS , b STATE OF COmOEXEÂ©, Â·'- p Ms. 1 . 1 . . 1, g - L'. County of C-~ J . - ' The firem,inrinstrument wns acknowledged before meâ€¢his Zil Â· 3 day of , 19 79 , by ELIZABETH H. PAEPCKE --1- -,Â·42..6'-'~Â· .- 7>-'Â· Mycommissionexpires My Commission Expires Mo rch 14, 1982 45 (Â£1 J P -1 1 u i ft, 6;e :M-:- ,, Witness my hand and official seal ., 1, 1> 1 4....ey .,. t.23 '......3..1.2>. 7 11 '111.....1" Nâ€¢,illyiublie. I. No. 89*. qi'IT(1.4/,I!1)1:1:t)-MhÂ·,i, fnrm-!tridforil Puhil,hin,r.1..1/2.1.4, Stout Kirret. Dâ€¢niÂ·er,Ci,Inridi,(57Â·4-Antl) -9Â·714 . . f, 1 i - 'll:/91/"/42/ i , -_-.--- -4.0::4&â€¢9425374 tEÂ¥,EÂ·LI:Â· c: Â·- Â· -Â·. i -i; ('~i~'*491 ' ~ {, 1. . Â¢ i BOOK 457 PAd:.661 ...4 â‚¬. STATUTORY DEED L'%.. / ELIZABETH H. PAEPCKE, whose address is Chicago, County of Cook, and State of Illinois, for the consideration of One Dollar .1 - : ? 2#' k f , and other Valuable Consideration in hand paid, hereby remises, :0040.1 il releases, sells, conveys and quit-claims to ASPEN CENTER FOR ENVIRONMENTAL STUDIES, a Colorado non-profit corporation, whose address is Aspen, County of Pitkin, State of Colorado, 100% fee N Lif'~ 1. simple interest in and to certain real property situated in the I 4 '.1 - I h. .1 ' County of Pitkin and State of Colorado, commonly known as the 50Â¢4,.I â€¢ ' Hallam Lake Property and legally described in Exhibit A which is attached to and made a part of this Statutory Deed, but if V. i the same shall ever be sold, conveyed, transferred or assigned .. Fi' to any person or entity whether or not for valuable consider- . , N. Â«i. U, t -:30.,01 N ation, title shall vest in the Nature Conservancy, or if the ; 4 ICÂ«Â·, - 0 A <67,4,1 - 't - + -2 Nature Conservancy shall cease to be in existence, in the L 7,4â‚¬4 1 Â·4 -Cb>Vi hudobon Society or in any similar non-profit organization devoted 9%Â«20.. 44.-1 4 to the study and preservation of birds, wildlife and the ecology. -11 , 5 ' Dated as of this -15 day of December, 1983. STATE DOCUMENTARY FEE E y..,4 - n DEC 2 01983 f ~Fi .. UPI .. I .r. B ,;oleli,-11. 1 UL . 2Â¥1.-..4 y . ~P+479 . Eli#beth H. Paeplke '4*:.1. ILLIA/0,5 STATE OF -CO~-06 ) C 00 l< ) SS. 65*44.: COUNTY OF EX:MiN ) j.)/<*:>/6 The foregoing instrument was acknowÂ·ledged before me this i*164 3. 4 1,9 } '3, * Â¥ 11'~ day of December, 1 983, by ELIZABETH H. PAEPCKE. , I. Witness my. hand and official seal 4 My commission qxpires: Ok- , / i>, fies,- bi 55 5 .ful/,Ii A.-4-Â·. I er-, J) 11* 5 - ig ... NotarÂ©Public ~*' A< <4 CC < L-1 h e 7 7.1 C, C 42 kÂ·Â·Â·:Â»:-- L . . r, to 41 J Lf-3 33 C) 1-0 0 0 1.. -ile.. 5% 2 0 4 (\1 -ic co 2 - 324 Mai//~13>,4 - 91,4 :At / U 2 . t. al *P ........ .... â€¢Wt. Â· ' .% T' .2 9.- BOOF 457 p0662 EXHIBIT A A PARCEL OF LAND SITUATED IN THE NW 1/4 8* 1/4 OF I. SECTION 7, TOWNSHIP 10 50019!, RANGE 84 WEST OF THE '1 ,.LA . k - 3 :. 1. 6TH P. M., PITKIN COUNTY, COLORADO AND BEING MORE FULLY 1 '1 11' DESCRIBED AS FOLLOWS: BEGINNING A: A POINT WHENCE THE W 1/4 CORNER OF 16: SAID SECTION 7 BEARS N 37Â°07'53~ W 832.16 FEET; THENCE N 10'49'00' Â£ 120.04 FEET; 9191.01.':471 , 08 FEET; ..714 THENCE S 79'11'00' E 55. p.= '.: P THENCE 5 08'00'00' E 126.82 FEET; #Â·1 Â·. 1 - . 41 > ' Â· . . THENCE N 79'11'00" K 95.98 FEET TO THE POINT OF BEGINNING CONTAINING 9067 SQUARE FEET, MORE OR LESS. 4 1.h I. 2, .*%1.â‚¬.. 5414/ 1 1. 3256'1Â»:*r Â· 9-4 2:4 0 , Â¥ .44 I le".9 Â· U.enutr~A 7*feN' 7-1 . ..,Â·. "4 4 ' I. 1.121Â·>AÂ·11-ti A-TÂ«+ 7. + 4 194* ?49Yze?*.0 4 . 5- lk#96* .1.- 92-,3. ~ t.j, 57.13'Â·4 0 2.7-â‚¬ 1.22 ~Ii. ~ ... Â¥V.. :'.1 1 4.19-1. ' glÂ©t'...I - I 11/7 ' A : 1*214- , =fat 61 4 - - .%,Ila. A 1 Â·17,~ !<80Â·, A ?114 1 + L .... AG,fi 21 t. Â· 25/*ttm . Â·1 1 4 1 . .1 1 , Â·Â· 450, .r .:-12 111Â· I 1 Pit RE((,1211(:1(/S>CT'%11' .1.111 * 1 H.I l i M: 41,1 1 10- ijavid 1,1 85,1..,iwiÂ·,Â·i, RICHARD CICER:, of Pitkin County. Colorado. : A) r-1 and JANE La['011[, f/k/a JANE DECKWITH CK[re ,Â·ti,i. - :r Cl 1.1.111': I 'lf Ulster i.'â€¢!>1.1.Â·.f NEW YOft r: crl ,â€¢f thiÂ· fliÂ·.- 1,:~i T :in i ASPEN CENTE?igRK ENVIRCNMENTAL STUD]th cn a Colorado Non-Profit Corpora/ arn,Â·1 M.1/,1.2.1,11,7,Â·11:ind 0 m > C) Z iÂ·'0.tâ€žgâ€žmirrandl,y.Â·111â€ž,â€¢,i!11â€žÂ·i:,u-Â·Â·fit,Â·Â·St:.1,Â·â€žf Colorado -0 0,7 Cl r, r iff},p â€ž-Â·i,â€ž.1 pi,rp :.,Â·hiâ€¢â€¢Â·,Â·j,â€¢ty:,1 :â€ž1,11,Â·- 1. P.O. Box 8777, Aspen, Colorado 81612 CO m U-1 14 /7:, WI'l'NESSE.~1'It.Thi,t th,Â· .:wit,:,it ieS ,â€¢, Th.Â· fli,t i,â€žrt, i.., Irid rn.,â€¢ti...1,-1.iii,â€¢,in! â€¢h,Â· v,int,f Ten Dollars ($10.00) and other good and valuable consideration-----------1.11-6.Aus t.,th,9.1 mir: ief ,â€¢:' 1 IiiÂ· Iii .t p.irt in h;in,1 1,:wl 1.1 : h,Â· w d /,:irt y.,1 t h.Â· -â€¢Â·,Â·,â€¢i~.1 1,4,1 1,th,â€¢ iÂ·iÂ·i,iÂ·Â·, :uÂ· 'Â·,tÂ· r.Â·rifi: hertÂ·liv ciâ€¢,if,Â·-vÂ·i' .1, d :itÂ·kimk.Ii,Â·,!. }i.,Ve wiÂ·,1.1.:.it:;111Â·Â·Â·Â·1. Â·Â·ilÂ·I :,1,1,Â·,itniÂ·ylÂ·.1.;,1,(1 1,I th.â€¢â€¢tÂ· priâ€¢,iÂ·'~tâ€¢ 11â€ž 2,Â·ant. 1,1,12:,in. ;Â·11. iÂ·,init.v .ind ,Â·Â·Â·nfuÂ·rn. irrtâ€¢, thiÂ· Mit:,1 1.:11 r v â€¢,1 rh,Â· Â·Â·,Â· â€žilÂ·! 1.r :. 11- *11.-riÂ·<vuÂ·, 1,11(! :iâ€¢Â·Â·:15,1- f, 1-iÂ·vet. .illi,f thiÂ· 1-,dbÂ·wined,â€¢--lili,Â·4 |iii .flan,1.,1,11:1,1.1-ur :t/,1 1.1.-:111:11,Â· #1.1,11"ty"f Pitkin ami...1.Â·Â·if{'Â·I,Â·Â·Â·:iii..t,iwit. â€¢ Lots 3 and 4, Block 2, LAKEVIEW ADDITION TD THE CITY AND TOWNSIT- 07 ASPEN UBJECT TO: U.5. Patent reservations recorded in Book 55 at Page 2; \ Flir 31/3 C -t C t/...U :11>â€ž li.nvi, aÂ· CriÂ·,Â·t and r.nonhiÂ·r TCH,1.711Klt with :,H , Â·â€ž' .113/1:!arÂ· tn. litÂ·,Â·fjitan,ent, .1,14! :1111â€ž1110â€¢n:In,Â·iâ€¢> thr,Â·euntâ€ž bel{â€¢n/â€¢,tz â€žr in an)Â·wiâ‚¬e :'til'tÂ·,Â·tauumn :mil the nÂ·vi .Â·:.,i,n:ind riâ€¢ver-nn*. iÂ·t,i~~:ii,~il,Â·r and r.Â·m.,ind,Â·r>. rent>. A-,â€žÂ·~ani: piÂ·â€¢,fit> theÂ·Â·iâ€¢of: :inflitil thiÂ· ,Â·st:,tr. iÂ·Irlit,t~thÂ·, m.enÂ·-t.,Â·In,in:in,Id,Â·211:imi whiat,-â€¢viâ€¢,Â·, -11,â€¢, i.:~i,! part leS â€žf ti:,Â· filÂ·,a !~:1!t..â€¢ltherir) 1:Iw i.'Â· reillity. â€¢,9 In aÂ·i.1 !,Â· 111,Â· Â·,1.in,Â· 1 ;insiii,iÂ·,11,1Â·.Â·mi.,Â·-, wit h 11., htÂ·iÂ·,Â·ditaintÂ·111Â· and alit'll, ten:iner>. 1'(/ if.\VE .(X/)1'(1 1/1/1.11 thiÂ·-:,ir!,inÂ·m,-p> al,i.viâ€¢ 6,1/:un,Â·d :in.,1 11,Â·:tÂ·,Â·ihiâ€¢if. with,1.1Â·:11,11â€žrbÂ·n:InelÂ·%.unti,th,Â· Alid 1).1,Â·tyâ€žfth,-,Â·,indi.:tri.it.4.4,Â·cÂ·.Â·<-â€žiÂ·:in:lia-*im<f,iâ€žwÂ·r. Ardthâ€¢Â·saidi,:,i: ies 1.thtÂ· firÂ·.tr:.Â·t. fur them :,Â·ves,the irnâ€žÂ·â€ž :.,Â·.,Â·Â·Â·Â·,t,â€ž:...â€ž,!:â€ž.,nini:t,-:,t.â€¢r...1,â€¢ t'â€¢,Iiâ€¢trant. In-:11Â·t. h:,1-Kain :ind :11:-retÂ· to:Ind with thiÂ· 01,1 p:irtyÂ· of thiÂ·.tÂ·Â·.Â·lit d p:in. 11- .t,(Â·iÂ·(â€¢Â«i}rs nnd :,4,1Mns. that :it th, ti:ne â€¢,f th,â€¢ en:(':111!ir and dell,Â·enÂ· m th,4 pre:,nt.. they are M ,Â·11 -imÂ·A â€žf T he pre-IN'- al,oviÂ· conveved. ay: of gond. Â·,1,Â·e. perfeet. al,Molute and indefiÂ·:k,4411Â· 1,Â· t:,te <if inirm it:ince, in mw, in ft.4, ,Â·im],le , and 1,11 VEF')'id right f,11' p,iwtÂ·iÂ· and lawl-11 nuthority to trrant, |}.tlÂ·tr:lin. w.li :m hÂ·(invey thtâ€¢ .:imtâ€¢ in nutnner .ind f.irm ax :ift,rtÂ·quil, anil t 11:11 the .Â·<:imeÂ· arp friÂ·tÂ· .Ind {Â·],-inÂ· fram :11! fm-~wr ami â€žth Â·iÂ· 11':int>Â·. lu -r:Un>, 9%Â·.. 11,Â·n., :axes. :1>quÂ·Â«mtÂ·:tt~ an,1 imÂ·im,inÂ·ane,Â·. rf whateveÂ·r kirm Ir naturiÂ· Mfle, \. 1.11 except taxes for the current year, and burdens of special assessment districts. # :in,1 th,Â· a.,ir,Â· 1,:11Â·t':,111,Â·,Â· piÂ·,Â·m>â€¢Â·> 13, 11" 'i"uÂ·t :ind i,iÂ·wÂ·efin pâ€ž,4.,Â·.sion al Ch,Â· .:i,â€¢i p:/Â·nÂ· of tbÂ·Â· Â·Â·, 4.,4 p.Â·art. 4/ Aâ€žÂ·tÂ·,Â·,s,â€¢,Â· :in,3 1.<1:rn.. Jitr:â€¢11â„¢1 :111 :w.,1 ,Â·1Â·Â·1> 11Â·Â·iÂ·h,â€¢n (,1- p,Â·1%,in> 1:,wfully eklilliliu: f,iÂ· tâ€ž,Â·Inim the w::Â· Â· Â·Â·Â·Â· :Â·1.>Â· ;;alÂ·f OwnÂ·of,the Nald p:.rÂ·t ies' th,Â· fliÂ·.>t 1,;I,1 'hal ;10 will WARI. ANT AND FORK\'Elt DEFEND. IN WI'l'NE>% n'111:iLEOF.Th,Â·~:,1,1 1, â€ž t ieS,1 1 2,â€¢Â· filÂ·,t :ir: 11:,ve 11,Â·riÂ·,Intiâ€¢%â€¢Â·t their lurn,IS :ill, .,Â·:'t th.Â·,i" :in,1 i.Â·a, 1-11>: :,1â€žâ€¢iÂ·,Â· writtÂ·Â·i.. 44\E,r 45 %.. â€¢> 1:KALI Slened. MiÂ·QIâ€¢Â·i- ;iril b,Â·Ii,Â·i-râ€¢Â·it ti, ih.Â· PrÂ·:,-1-p,1 'R,Â¢6124 Cicero Â¥ F - - - IMICAL! Y <11 lu At ~N. C c '-' 4 ALLK,\RE..41.1 Jand LaBelle flk/a Jane,Leckwith Ciobfo STATIÂ·:(,1.Â·((,1,11:/1,â€ž f .. 1 1 'r.url .Â· i,f Pitkin j The fi,lâ€¢Â·15â€¢,iric in:trimâ€¢Â·nt â€žÂ·:1â‚¬mÂ·kn,â€¢,U,Â·,itz,Â·d Iâ€¢Â·â€¢,â€¢rÂ·Â· ine thi~ _-2 ~ 11:n- i,f 3Â£(.71.4-4.,62/Lif 885,4 Richard Cicero. 1 MviÂ·i,111,1,-Â·Â·â€ž,litâ€¢,1â€ž11Â·+ g. 3_55- WITX KS.< mv h,,/,1 :ind â€žff.i,+00 -:11. -~ 3 , U ), juo ,-4 Â·Â·.4~.Aftx] 1.4 6 k '.- 1.- v -- -- --- J Ec I C Prim' â€¢L 2 'ifl -4,PÂ·6~- ./C .. \1.11,71 1.â€ž01 ( See reverse for second notarizatie,:iÂ· $11. 4 12. %4 4~ HI, MT) Ill ' 111 ( I [ 11111â€¢11't 11 1, I A â€ži l'h, 4 n phir R.q i.iii . Â·;'i :' i i '1'' - Clgi .H i.dfor,!Puhliâ€¢hin/"ii.tâ€¢14 0,â€ž1, Strâ€¢â€¢t.t,invprif'oloridi, 1.733/011 + A.71â€¢, 8 9872 4-1 LORETTA a-- â€ž 14/ -11:i' 3-40<ty I -/.1 . 1 $ 1 ~ /- STATE Or NEW YORK ) ) SS. COUNTY OF ULSTEK ) 17, The foregoing was acknowledged before me this / day of ~ 1985 by Jane La Belle f/V./a Jane Beckwith Cicero. Witness my hand and official seal. Â·Ch-Â· ~ My commission expires: .T> 7,/. 1, I. 4.i.I.Â· ~ - CAf 1 u J ; 7 1.Â·75 r 774, . . Notary Public . l 4. Â·3,/-1. C Â£ . 'VAUGHN E. HAFELE / A . NOTARY PUEL}C 41619005 S:.1,0 81 New Vork. Counly Ed U],i., Dfp/,~ ClmmeM,on tic,teS Match 30,19 Â¢ . 1 :F * Â· .... 12 . : '3 ..5 NES Z ISS - flel : 1 li kij .... d ' ' Â· 2 3 i E -142 C .- 6 & f ..\ , 3 1 *41 - O -22 1-2 1 0 4, D= 1 -A l Ce- 1 1:6.1 1 . -1 44 -- 1 - 3Â¢% 'EE :Ii O 0 2 - C Â¥f - 6 = A 2 = A m LA,rÂ·*â€¢r ' 14 5-r .2 1-7 152 c:- 21"61. Ers,#1420-ma===5//3.-i.=til-1.; -Â¥r/t.-2 11 WARRANTY DEED 'oaÂ¥1:10'toob) 31V.LS Fees 42 -W'- - /,ar/*1~F Aflt) C.*245 00:K i.) l ~ 1' t' /7 .,19.2 STATUTORY-DAE-2 :~44 ELIZABETH H. PAEPCKE, whose address is Chicago, County of 4 Cook, and State of Illinois, for the consideration of One f. 04 Dollar and other Valuable Consideration in hand paid, hereby remises, releases, sells, conveys and quit-claims to ASPEN r Â· 4 CENTER FOR ENVIRONMENTAL STUDIES, a Colorado non-profit corporation, whose address is Aspen, County of Pitkin, State of Colorado, 100% fee simple interest in and to certain real .>2.-Â· i Â·, .4 , 'R. property situated in the County of Pitkin and State of . Colorado, commonly known as the Hallam Lake Property and r. legally described in Exhibit A which is attached to and made a &1 part of this Statutory Deed, but if the same shall ever be - sold, conveyed. transferr .d or assigned to any person or entity whether or not for valuab.e consideration, title shall vest in ... the Nature Conservancy, or if the Nature Conservancy shall ' cease to be in existence, in the Audobon Society or in any I r '4>4RF .. similar non-profit organization devoted to the study and preservation of birds, wildlife and the ecology. Dated as of this 26th ciay of December, 1985. -33313 :.- Elijabic(34.%-PCL D STATE OF COLORADO ) 11.41 I COUNTY OF PITKIN ) 2 5â‚¬ 322-3Â»4-â‚¬,44 bregoing instrument was acknowledged before me this *u - 71 f 13~8@Mday of December, 1985, by ELIZABETH H. PAEPCKE. *A'Â·:PUB'611'rneÂ·Js my hand and official seal eAR P.%Â£4ommission expires: 4 J 1 9 f 93- 4 10 itt -ff.-1 i nr/1 M.,6-L 0 CJ g r 1 /T,1 - r. N g ' eâ€ž.i. DOCUMENTARY . m . 1 1 i > m 1- ./' 4 1 1. . v ; CD OZ 64 - OZ im CI rn i /7 f t. 1 Notary Public ' 1 1 DC] - eÂ»C . 0. PITKIN CTY. 274349 12 26 PM '85 ., , 44 Z~W~(TLAult :72.13;34':44. IAZPA#gAT#brl-*AviATT#74*Ap 3'.P e,Â·--1--*4 2Â·. tÂ·Â·Â·1Â·. 2-~,~3**4;MAAN.A# Â·-' Â· -- .. .. 11;0%' > 1 , ' 1.- .4 2 '..131:k. F.; t.19 1% . vj t~ â€¢-3 â€¢-3 â€¢-3 ,-3 0 Dj UC'O> MXMXZMM M E"1 , Gl MM M MOO 01 = 4 1-1 Z Z Z Z â€¢-3 H O rn P ZOOROL-IZ ZMMWMOZ M:83 Â· Z 1.-1 0 â€¢-3 til ZzzcnIA Z M 3 H e OÂ· O 0404 - ZO N ; tn lotu > 19 M O 0 0 OMâ€¢-3 [f)'04 o e !O 1-j >10 H opwra' 341 N 0000 V 0,-lou 000020 e Z â‚¬ 0 Z ., rJ 7 â‚¬ O (A }-1 MEZMN â€¢.. (nomâ€¢-3 o 02 21â€¢0> N 1-' !0 1-1 4 f ,-2 ~-3 N Ul N m - M f p M N 00-JUI Z . 00 .... <00 0, 1-' ~..1 N = M 0 0.-1 Wmole 0 0 Z â‚¬ 4 r c 0-#w # M W M M W :0 6-3 '-3 h.3 â€¢-3 NE 0 M - V -. 1-' M O â€¢-3 â€¢ 0, 91 0 ,-1 ,-3 M m Woe M â€¢-3 M t'1\ 53 Z 41\ 1-, LI *M M A Z 00 0 0 4,0 4 0 41 33 -0 32 N @02 M M â€¢-3 M 4 -1 41 OCr O C "1 2 1 e Ul M M h 'Â·. H 1/. C IV M D . /,Ar 'FÂ·. *. 11734/.m///Il...'*77.)r.79.*/* I I . 144\<:.i~g,~..~,Â·~,vÂ·:-vi~~~4*.654'LiTER'MA~ 01'j~--x>'Â·99?ti~*:79. I G, CONTAINING 34912 SQ RE OR LESS. Exhibit A HE NW INT OF 0 , i STATUTORY DEED BOOK 581 p=885 ; 912':1./9 ELIZABETH H. PAEPCKE, whose address is Chicago, County of Cook and State of Illinois, for the consideration of One Dollar and other Valuable Consideration in hand paid, hereby remiyes, releases, sells, conveys and quit-claims to ASPEN CENTER FOR ' ENVIRONMENTAL STUDIES, a Colorado non-profit corporation, whose 254 address is Aspen, County of Pitkin: State of Colorado, 100% fee simple interest in and to certain real property situated in the County of Pitkin and State of Colorado, commonly known as the Hallam Lake Property and legally described in Exhibit A which [ is attached to and made a part of this Statutory Deed, but if the same shall ever be sold, conveyed, transferred or assigned to any person or entity whether or not for valuable , consideration, title shall vest in Nature Conservancy, Inc., or ~ if Nature Conservancy, Inc. shall cease to be in existence, in - National Audobon Society, Inc. or in any similar non-profit - organization devoted to the study and preservation of birds, i wildlife and the ecology. Dated as of this 14th day of December, 1988. tr ~STATE DOCE.ENTARY 2 3 { U, 1 r----Â·Â·~ /7 ~ ' DEC 2~ 3 ,-' ' ' - ' ' i~ ' 0 , -' , 1 .3/ H I. - 1 ,-770&4/01 F 1 6~( - --_ ~Elizabeth H.; Paepcke f Ll-i Nof <, STATE OF -eebeR*65Â· ) 00 ) SS COUNTY OF P+91*4Â·N ) (ic OK. The foregoing instrument was acknowledged before me this /Â¢LH day of December, 1388, by ELIZABETH H. PAEPCKE. 4 Witness my hand and official seal. 4 2:.1, + ~. 9.1. ar .; - 1 . 2422 t/ *i 1. #:ATMAE. 11*m.99 ../ Notary Public // E &51illE+ My Commission Expires: - .20 91 .W. en C_, Â· & 4 ..077!CW 0781r(1) 0- SUZANNE M. TER.ZOI 4 - SEAL- 0 ~ Not:7 Futlie. Sue of u~:Ircis :~ 51 My Commission Expires 4/20/91 2 .:-f././ V-- â€¢-- - --1 -- .1- ~.Mt. vt --- r KIlle N TY KECORDER 307230 SIt.vIA DAVIS 2 36 Fli '88 - . 04 BOOK 581 mGE886 22*11*; EXHIBIT A i 2 A.'A, Prwz.:, â€¢ i A PARCEL OF LAND BEING PART OF BLOCK 3, LAXEVIEW ADDITION TO THE CITY oF ASPEN, COLORADO, BEING MORE FULLY DESCRIBED AS FOLLOWS: DEGINNING AT A POINT ON THE NORTH LINE OF SAID BLOCK 3 WHENCE THE WEST 1/4 CORNER OF SECTION 7 TOWNShIP 10 SOUTH, RANGE 84 WEST OF THE 6TH P. M. BEARS N 35Â°02'26" W 627.97 FEE-; t../. - n TEJNCE S 79Â°11'00" E 75.90 rEET ALONG SAID NORTH LINE; TMENCE S 06Â°35'44* W 220.64 FEET TO A P INT ON THE SOUTH LINE OF SAID BLOCK 31 , THENCE N 79Â°11'00" W 75.08 FEET ALONG SAID SOUTH LINE; 1 THENCE N 06Â°23'00" E 220.70 FEET TO THE POINT Or i BEGINNING, CONTAINING 16,611 SQUARE FEET, MORE OR LESS. J IP U' OD 1. A I 'k:NAâ€¢ 94%7 NÂ«:5~x- 6, licm. i ./ 9-W./ f. -9Â£2 99MR-:AVâ‚¬3-31' 296.ktic..WA y.Â«4. â€¢â€¢t-4â€¢f 'i~*41.V, 'Z~LF~~51J~f;*#7_-,7Â·' ~W~-~1~~(W99WZU~~2~~W #327933 11/13/90 15:58 Rec $ 0 BK 633 PG 993 Silvia Davis, Pitkin Cnty Clerr, Doc $.00 1 .~ * Recorded at o'clock .M. - '..L-leâ€¢ Reception No. Recorder CLI RECORDING REQUESTED BY: 0 -â‚¬'cm WHEN RECORDED RETURN TO: 4,1 :*2 514 , A:-1-'4",-jÂ· * OUIT CLAIM DEED M,1 1..,41'm; 9 .7-j ' 1 Â£ 1,1Â£,0 .4 :43'1 -%zilt~1 . JAMES ALEXANDER MERRIAM, JOAN ALEXANDER MERRIAM and GAIL I , ANGOTTI MERRIAM for TEN DOLLARS ($10.00) and other good and , ill 921 valuable consideration, in hand paid, hereby sell and quit claim to 2- 1 ASPEN CENTER FOR ENVIRONMENTAL STUDIES whose address is 100 Puppy Smith Street, P.O. Box 8777, Aspen, Colorado 81612, the following Â· real property in the County of Pitkin, State of Colorado; to wit: f,Â·1 14 0,4=2136 ....:.fic :f BEGINNING AT A POINT WHENCE THE SOUTHEAST CORNER OF NE 1/4 NE 1/4 SECTION 12, TOWNSHIP 14,32.1 10 SOUTH, RANGE 85 WEST BEARS N 44Â°38'01" E ~4~.,ln~; 458.77 FEET; ,.2 ,#fit ~ ; ..5.1.34}1% THENCE N 43Â°07'41" E 145.00 FEET; i . -91' 4.y#/b THENCE S 86Â°16'00" E 65.00 FEET; , 0,AWIi~ 36*12 THENCE S 05Â°10'00" W 168.87 FEET; 1.J. AP . THENCE N 65Â°53'20" W 163.00 FEET TO THE POINT Â£0.,4,<t'. OF BEGINNING, CONTAINING 16,660 SQUARE FEET, ' MORE OR LESS. with all its appurtenances. SIGNED thisâ‚¬L- day of,~>Lt./... , 1990. ,Â·- 1 â€¢92'' y flAN k (44 ~ft<4â‚¬ - f.tt>- Â· L '- -CÂ·~k <~ames Alexandef Merriam ,=:93.M . d ... '26' ~*V.(A. Cl~ 01(.a/fK tâ€¢<t-. Pt- 3#an Alexander 116;#ia'm J '414. Ctt~4.,://Mt'*.0-L C. -1,4-I- Z:/439 4 (2125*ty(rn,4Â£3143.Xtvf,~FA/ Ul,La-Â·04 -; h F... Ga~1 Angottil Merriam 91*...95 2-24. -4:....:~ 6-Jâ‚¬--8 41 e - p'43 'Vi 1 'r 4 ~ v VUMFt. ' L Â· â‚¬" .C - Ag-teÂ® :*=5.8 *Â§9. LI - .r:-3 7 #327933 11/13/90 15:58 Rec $ 0 BK 633 PG 994 Silvia Davis, Pitkin Cnty Clerk, Doc $-00 :,rf. ACKNOWLEDGMENT PAGE TO QUIT CLAIM DEED t 3 , t. I. , r.-%4.7, % STATE OF /+0-1 AÂ» ) , dalf#. 4&13 04 - ) ss COUNTY OF 027*Â»1- ) filill'it 3721 ' Quit ' The foregoina ~,1'aim Deed was acknowledged before 'Y/.. 0 0411.. me this ,#6 y~-day of ~71Â©-2- 1 1990, by James Alexander,,Â· 17-42*i Merriam. V.:,tÂ¢pÂ·k f:, *kÂ· f 115&620 WITNESS my hand and official seal. fifi.'*TARY . - Â·,r-Ck i My commission expires: A IM- 9/ Â· 11.7.... Pl; 8'5:.Â·' n - M.324 / r li-3 0 2.1....'.4 1, Ar-- 04.Â· r uNC'tary Pdblid Z.11:-* STATE OF A-' ) SS. CÂ·â‚¬12 COUNTY OFC.teÂ»'L ) ,. - .44 31*151 AuLThe fore~oi-gg_iynstrument was acknowledged before me .- 1 421 Merriam;.17 VtÂ»4 <7646-b12#L4dbweR#*,(Â»t *54~ 5- this g#' day of f \ ul-7, .2. 1990 by Jpan Alexander 4,J -. Â·561 â€ž1'ti"li, 4. ..i .ikÂ·. WITNESS my hand and official seal. /41 0 :./.. Le.. 2- /47 : \' My commission expires: A- 00- Â« . 2 01 jt/1 4 Â».I~Â¥- --- . *Al Q , / V: A.lua.O.yo k/0 . ."dll . It ,'afo' u..re iÂ«' Â·1'FF - UNMt'ary Bwb14*- i ej'Â·. 2-A. .#'fir - -4=04 A L 1 --7 . f n / STATE OF ( kfaW.9 h ,-/ %17 n. 1 )/1 4 )SS. 9177- U L ) , COUNTY 0 94- â€ž, The forepinp in,trument was acknowledged before me this )(F' day of ,~)425*EPLA,k , 1990 by Gail Angotti Merriam. 76*~ 2.:8 43 WITNESS my hand and official seal. - Lit-1 My commission expires: 9.24 -9/ ~41 L *140.4~~~.~&L:4,. Ndbary PubIi ~ frft-*UTA 1' 24 / .C 'ZE , 4 i: - / A : w i; 6- ' U p\re\merriam.qcd 4.\ 4 07 ST>>1 t, 9,2/:P' -,41, . .fi Â·Â· 334... k - , t... 3, . 4.- - * 4 ft. 2 0 ' ey/4 Al,9. I '11* Â£,i:Mt' 4 .. t-Â©.I--, RFM/8752C(1) 12/11/90 1:05 p.m. 20000-0065 7'244â€¢-â€¢K' #328874 12/18/90 11:53 Rec $10.00 BK 636 PG 135 ..9,4 -17.1 Silvia Davis, Pitkin Cnty Clerk, Doc $.00 STATUTORY DEED ELIZABETH H. PAEPCKE, whose address is Chicago, County of Cook and State of Illinois, for the consideration of ONE DOLLAR 1.. I - and other valuable consideration in hand paid, hereby remises, Â· 49'-.:+ ' - releases, sells, conveys and quit-claims to ASPEN CENTER FOR ENVIRONMENTAL STUDIES, a Colorado non-profit corporation, whose address is Aspen, County 02 Pitkin, State of Colorado, 100% fee simple interest in and to certain real property situated in the County of Pitkin and State of Colorado, commonly known as the Hellam Lake Property and legally described in Exhibit A which .-- is attached to and made a part of this Statutory Deed, but if f 1 i the same shall ever be sold, conveyed, transferred or assigned ' to any person or entity whether or not for valuable 3 consideration, title shall vest in Nature Conservancy, Inc., or ...... 4} 'h! if Nature Conservancy, Inc. shall cease to be in existence, in â€ž National Audobon Society, Inc. or in any similar non-profit -1 p 7 organization devoted to the study and preservation of birds, 21 wildlife and the ecology. Dated as of this (35 day of December, 1990. - El, 0 wt,-14. fEm~ke_ 4 ~ Elizabeth 4. Paepcke i ; STATE OF ILLINOIS ) > SS i COUNTY OF COOK ) The foregoing instrument was acknowledged before me this ll*- day of December, 1990 by ELIZABETH H. PAEPCKE. Witness my hand and official seal. * :jug,~ 4~ -4 Notary Public >3 ZE My Commission Expires: 4 14 0 /9 4 \ 4, / / Si +2---/--3.L-2-4.3-2.-....k..= 71 BARBARA GRECO Â¢ Notary Public, Sta,e w Illinois 1( " OFFICIAL SEAL- ~: [~ My Commission Expires 2/20/94 ij 1â‚¬=4 . 1 1 41 ?f. Aili/9fillv# 1 #328874 12/18/90 11:53 Rec $10.00 BK 636 PG 136 Silvia Davis, Pit.kin Cnty Clerk, Doc $.00 Exhibit A A PARCEL OF LAND BEING PART OF BLOCK 3, LAKEVIEW ADDITION TO THE CITY OF ASPEN, COLORADO, BEING MORE FULLY DESCRIBED AS ~ FOLLOWS: BEGINNING AT A POINT ON THE NORTH LINE OF SAID BLOCK 3 WHENCE THE WEST 1/4 CORNER OF SECTION 7, TOWNSHIP 10 SOUTH, RANGE 84 WEST OF THE 6TH P. M. BEARS N 39028'11" W 684.48 .... rk /: 4 i I i FEET; THENCE S 79011'00" E 91.32 FEET ALONG SAID NORTH LINE; i:; i 'rr. THENCE S 10049'00" W 220.04 FEET TO A POINT ON THE SOUTH LINE OF SAID BLOCK 3; < THENCE N 79011'00" W 75.08 FEET ALONG SAID SOUTH LINE; THENCE N 06035'44" E 220.64 FEET TO THE POINT OF BEGINNING, CONTAINING 18,307 SQUARE FEET, MORE OR LESS. r - , r 1 t A 1 1 - -2- I. * ASPEN CENTER FOR ENVIRONMENAL STUDIES SITE LOCATION MAP 4 AN 440 \ Creek 9 00' 1 4 0 4 Aspen 1 2 Ingblute 45Â· Hunt,r f i = / Mwme Tint i 2 T Hallam 4 1 6 171 Not every street or road is 0/D..0,0 8,\ , . 0 m named on maps or listed in 2 - street guides . Construction of etreets and roads may be in \ 6 1 8, Mnest 'A progress In certain areas. t: 4 - 4 4 A- St 4. smuoob, 104 Ad Aspen 4 . 4. A * 0 Mall 4 l i 4,\ 1 Â£ '6*. n -1 0 9 \q m 9 - dE ASPEN CENTER FOR ENVIRONMENTAL STUDIES SPECIFIC SUBMISSION FOR THE RELOCATION OF HISTORIC STRUCTURE September 13, 1993 1. The name of the structure proposed for relocation is the ACES' Professor House. 2. The structure is a two-bedroom, one-bath, single-family residence which has been substantially altered and remodeled, and is now used by the applicant as housing for visiting professors during the summer season, and for staff housing during the reminder of the year. 3. The architect's report, in the form of a letter to the applicant, is attached. 4. The applicant estimates the market value of the property on which the structure lies to be in excess of $400,000. No formal appraisal of the property has been made. 5. The applicant's Development Application. of which this specific submission is a part, proposes the development of extensive and much- needed faculty housing on this and adjacent properties. The present location of this structure interferes with this proposal. The applicant has proposed to the City of Aspen that the structure be moved approximately 150 feet easterly to property owned by the City of Aspen and the applicant. The City is studying the feasibility of using this structure as housing for the City Electrician and his family. If the City determines it is not feasible to use this structure for this purpose, the applicant will then propose that the structure be demolished. September 13, 1993 At Dietsch Aspen Center For Environmental Studies RO. Box 8777 100 Puppy Smith Lane Aspen, Co. 81612 Re: Relocation of the Existing Professor 's House Dear Al, We have observed the condition of the existing Professor 's House as ACE as it relates to relocating the residence to the south of the Electrical Switching Station and have gotten some preliminary estimates for the relocation. These estimates are very conceptual and should be reconfirmed or bid in the event that you decide to move the residence. The current condition of the structure is marginal to bad. The back bedroom addition would have to be removed and rebuilt if desired and you should expect some damage to the materials and finishes inside which would require repair and/or replacement. The interior allowance is variable depending on the extent of interior upgrades are desired, The attached contractor 's proposal if for the relocation of the house. A 20% contingency is inculded to cover unknown items and is a reasonable amount for budgeting purposes. If,e can be of further assistance, please let me know f , 1 en .'Sincerely ' f 47 b .L u . I 04-.<0'vvviv....FL=, , -Eric Cummings Project Manager CONGER FULLER ARCHITECTS ARCHITECTS AND Pt.ANNERE PC, 710 EAST DURANT STREET SUITE E-8 A: PEN. COLORADO 81%.1 TELEPHONE: 303 G25 3011 FACSIMILE, 303 925 3]10 ~SPEN COISTRUCTOR~j September 13, 1993 Mr. Eric Cummings CONGER FULLER ARCHITECTS 720 E. Durant St. Suite E-8 Aspen, CO 81611 Subject: Relocation of ACES Pro Dear Eric, Please find attached a cost estimate to move the Professor's House at the Aspen Center for Environmental Studies. This estimate includes the following: 1. Removal of trees necessary to move the existing house. 2. Structural support, jacking, and transportation of existing house. 3. Site preparation, excavation, service & utility trenches, and road cuts. 4. Install new foundation, excavate and haul-off existing foundation. 50 Backfill old foundation trenches. 6. Remove, dispose of, replace, and refinish interior drywall and trim. 7. Remove and replace existing interior wiring. 8. Remove and replace existing roofing materials. 9. Rebuild front porch. 10. Finish grading of existing and new building location. This estimate does not include: 1. Architectural or engineering fees. 2. Permits, tap fees, hook-up fees, etc. 3. Damage caused by jacking and transporting existing house. 4. Landscaping, driveway, patios, etc. If you should have any questions regarding this cost estimate, please call me at my office. Sincerely, .~. HY- r, C-7 -- i--/9-60 f ~ames M. Richard 2 ' tv' 210 A.A.B.C. Suite FFÂ· P.O. Box 1660 Â·Aspen, Colorado 81612 303/925-7608(Oface & Fax) 48PEI COISTRUCTORS CONSTRUCTIONSPECIFICATIONS Division 1 -General Requirements $16,150.00 Tree Rermoval $2,400.00 01000 Demolition of existing foundation $1,000.00 Dumping $2,400.00 01500 Temporary Facilities phone $100.00 01700 Construction cleanup $250.00 01800 Relocation of existing house $10,000.00 Division 2-Sitework $7,100.00 02100 Site Preparation $500.00 1. Includes cutting road. 2. Does not include road base or paving 02200 Excavation $3,000.00 02600 Water & sewer trench & hookup $800.00 02780 Electrical service trench $400.00 Mobilization of equipment $2,400.00 Division 3-Concrete $4,500.00 03100 Footers & foundation $4,500.00 03200 Flatwork N/A Division 5-Metals $125.00 05060 Metal foundation flashing $125.00 Division 6-Wood and Plastics $3,450.00 $0.00 06050 Rebuild front porch $950.00 06100 Interior Trim $2,500.00 Division 7-Thermal and Moisture Protection $3,175.00 07500 Architectural Asphalt Shingle Roof $3,000.00 07600 Flashing and sheet metal $125.00 07700 Roof vents $50.00 Division 9-Finishes $6,482.00 09250 Remove & replace existing drywall $3,982.00 09900 Interior painting & finishing $2,500.00 210 A.A.B.C. Suite FFÂ· P.O. Box 1660 Â·Aspen, Colorado 81612 Â·303/925-7608 (Office & Fax) Division 15-Mechanical $1,200.00 15050 Water tap / permit fees $0.00 15400 Sewer tap & water hookup $1,200.00 Diviison 16-Electrical $5,500.00 16050 Remove & Replace existing interior wiring $5,500.00 Subtotal $47,682.00 Contingencies (20%) $9,536.40 Profit & Overhead $8,582.76 Total $65,801.16 MEMORANDUM TO: Mayor and City Council THRU: Amy Margerum, City Manager THRU: Diane Moore, City Planning Director'?<~fl \47 FROM: Kim Johnson, Planner DATE: December 9, 1991 RE: ; Request for Waiver of Park Dedication Fees and Water Tap Fees by Aspen Center for Environmental Studies (A.C.E. S.) summary: Tom Cardamone, Director of A.C.E.S., requests a refund of a Park Dedication Fee of $780.00 which was paid prior to issuance of a building permit for the addition of one bedroom to the principal caretaker unit at A.C.E.S. Also requested is a refund of the $358.50 Water Tap Fee. Planning staff recommends that this Park Dedication fee be refunded to A.C.E.S. upon annexation of the A.C.E.S. property into the City. The Water Department recommends that the Water Tap Fee refund not be granted. Council Goals: In an effort for the City to be fair and sensitive to residents, staff's recommendations support Goal #15. Background: For residential uses, Park Dedication Fee assessments are based on numbers of bedrooms. The primary A.C.E.S. caretaker unit (which is located within City Limits) has received a building permit for the addition of one bedroom. The intent of the Park Dedication Fee is to fund acquisition and development of parks/recreation lands. A.C.E.S. Director Tom Cardamone is requesting that this fee be refunded. His request letter states that "Since the property is deed restricted to conservation and education purposes, it seems inappropriate for the City to collect a $780.00 Park Dedication fee." (Attachment "A") The Water Tap Fee is assessed for "any additional construction or water fixture additions" according to Director of Water, Larry Ballenger. Please see memo, Attachment "B". Staff Discussion: A.C.E.S. is recognized throughout the community as a valuable open space/park asset which in itself embodies the City's goals to acquire quality lands of this type. The Park Dedication Fee was established to provide a funding source for purchase and maintenance of these lands. Planning staff believes that it would be redundant to charge A.C.E.S. this fee as the property has been deed restricted for the "study and preservation of birds, wildlife, and the ecology." However, there is concern among staff that A.C.E.S. has not followed through with the commitment to annex their property as promised during negotiations for the Hallam Lake pipeline which was paid for by the City of Aspen. The Planning Office believes that the annexation should be completed before any fee waivers be granted to A.C.E.S. The Water Department grants tap fee waivers only for the initial connection of 100% deed-restricted housing . Any additional work requires appropriate fee payment. Director Ballenger does not support a refund of the $358.50 assessment. Alternatives: The Council could elect to not approve this request, keeping both of the fees. Council could choose to refund either or both of the fees now, without the contingency of annexation. Financial Implications: This request would lessen the appropriate funds by the requested amount unless Council's contingency fund replaced the monies. Recommendation: Planning recommends refunding the $780.00 Park Dedication Fee contingent upon the annexation of A.C.E.S. into the City. The Water Department does not recommend refund of the $358.50 water tap fee. If one or both fees are refunded, Planning recommends that the City Council contingency fund replace the monies into the appropriate fund(s). Proposed Motion: I move to approve the refund of the $780.00 Park Dedication Fee paid by A.C.E.S. at the time that the annexation of A.C.E.S. in complete. I also move that the City Council contingency fund replaces $780 to the Park Dedication Fund when A.C.E.S. receives its repayment. I move to deny refund of the $358.50 water tap fee. City Manager Comments: Attachment "A" - 10/31/91 Letter from Tom Cardamone "B" - 11/18/91 Memo from Larry Ballenger, Director of Water 2 ~~% it tachment "A" .. 1 4 ., . ~-~00~ P.O. BOX 8777 â€¢ ASPEN, COLORADO 81612-8777 â€¢ 303/925-5756 TO: Aspen City Council FROM: Tom Cardamone, Aspen Center for Environmental Studies DATE: October 31, 1991 RE: Relief from $358.50 Water Tap Fee and $780 Park Dedication Fee related to 190 square foot addition to ACES employee/caretaker's cottage on property deed restricted to conservation and education purposes. Dear Council, ACES is adding a 190 square foot bedroom addition to its principal caretaker unit at 100 1/2 Puppy Smith Street. Since the property is deed restricted to conservation and education purposes, it seems inappropriate for the City to collect a $780 Park Dedication fee. This fee has already been paid in order to pull a building permit to start construction. We hope the City can refund this amount. The water tap fee is less clear to me, as we are not adding any water fixtures and we are making an undersized (10' x 12') existing bedroom for two into a single bedroom, then constructing another single bedroom approximately 12' x 12'. The number of water users is not increasing. I hope this fee can be refunded as well. At present, these fees constitute 10% of the project cost so I hope you will be able to refund both the Park Dedication Fee and the Water Tap Fee. I appreciate your attention to this matter. Best regards, /bÂ»,1 L tw-opx.e>Â«-- Tom Cardamone Director, ACES Decl. ixj -tÂ·:4 râ‚¬-571'160?46 arra eL ed RFM/8752C(1) 12/11/90 1:05 p.m. 6220000-0065 #328874 12/18/90 11:53 Rec $10.00 BK 636 PG 135 Silvia Davis, Pitkin Cnty Clerk, Doc $.00 STATUTORY DEED ELIZABETH H. PAEPCKE, whose address is Chicago, County of Cook and State of Illinois, for the consideration of ONE DOLLAR and other valuable consideration in hand paid, hereby remises, releases, sells, conveys and quit-claims to ASPEN CENTER FOR ENVIRONMENTAL STUDIES, a Colorado non-profit corporation, whose address is Aspen, County of Pitkin, State of Colorado, 100% fee simple interest in and to certain real property situated in the County of Pitkin and State of Colorado, commonly known as the Hallam Lake Property and legally described in Exhibit A which is attached to and made a part of this Statutory Deed, dbabiddi Lili ..1...Ll AC,/ Ul--1/1~ T.n FlÂ·â€¢011-ZPARL&0*/ uo li, LA--U Lw,â€¢wj//6/// . -Ua,taiwnaa=Audel,- 2-LL , J~-61*IBil#~,8,IFI .....1- U L A. ~, A. r.wflt -1/7~9515ed-3-4,4~gâ€¢seea,-ana=~eae-,a:6i~ai~~a,-hi.zida. --: Dated as of this / 35 day of December, 1990. Ell- 41Â£'Fu. fEpchg_ r ~ Elizabeth 4. Paepcke STATE OF ILLINOIS ) ) SS COUNTY OF COOK ) The foregoing instrument was acknowledged before me this l* day of December, 1990 by ELIZABETH H. PAEPCKE. Witness my hand and official seal. +119Â» NOV 25 '91 11:35 ASPEN/ , LAÂ¥ ER DEPT. P. 1/1 Attachment "B" A MEMORANDUM TO: LESLIE LAMONT, PLANNING DEPARTMENT EROM: LARRY BALLENGER, DIRECTOR OF WATER DATE: NOVEMBER 18, 1991 SUBJECT: ACES TAP FEE REQUEST The Water Department has to follow the criteria established in the City Ordinances pursuant to tap fee waivers and ECU assessments. Tap fees are waived for 100% deed-restricted housing forthe initial connection assessment. Any additional construction or water fixture additions require the appropriate tap fee payment. The Water Department cannot grant "relief" from water tap fees. They are established by City Ordinance. Would you like me to contact Mr. Cardamone and explain to him how tap fees are determined? It is apparent that he has questions and/or concerns for the additional assessment on his property. Either myself or Judy could answer his questions. Thanks. LB:11 CC Judy McKenzie, Customer Service Division Eeg.tap . ?u<- '*N - L,6/4 lott - 49 7 Giyl --- *4244 Â«Th,1 hlft- u ~44,4 140) _ UÂ« 'l J 1 - TELEDYNE POST N39294 h 44 MEKKIAM %% MAP 017 5UBDIVIbION i \ talk 0 :::1 1 1 Lori 41~ le 4% .: -\ -2- ... / / e HALLAM LAICE ANN]EXATION I . A Â» LOT 2 533'209 /70 DR 0 . :.:/ , 4 WOTH PROPOSED ACADEM0C REZONOING BOUNDARY I I 9 - - i- 4 90 S :\ \\\ -A j 5.-;1~2 LEGAL DESCRIPTION '10 // / 79 I ..7- 528Â°00'*E 53-41 Al A TMET OF LAND OITUATED IN THE EADT HALF OF DECTION THENCE DEFARTING OAID CENTERLINE ' I I .. = 12, TOWNÂ©HIF 10 DOUTH, RAPNE,Â·6 65 WEDT AMP IN THE WES)T 4169531201'W ]75.51 FEED I ' 0, 7% 54>2441.96"\445Â·50 + \ -9,1.- ...' .1 .'3% 1-IALF OF DECTION 7, TOWNSHIP 10 DOUTH, RANGE 54 WEN THENCE 543Â°07'411'W I 33Â·05 FEET,Â· ,/\Cr , RhoNING BOUNDARY OF THE 51XTH PKING! fAL lvIERIDIAN, FITKIN COUNTr, TÂ·HENCE 52â‚¬05'60" E 53Â·41 FEETÂ· "'f q/ AR. .._L. .____----_-~ ~ .1 231~----- /Â©LLOWS ANNE,)04770/4 \ 12 S : \ "r COLORAD@ MORE FARTICULARLy PEDCK.1152[2 AÂ© FOU.DWEp THENCE 562Â°46'00" 4550 FEEÂ¥. ' 1 , Gi 71-15.NCE- 500'25'00"* 159Â·76 FEE--lfÂ· DtpÂ° 7% 0-7 Â« - l- \ N \,1 C:=e BEÂ®INNIING AT A FOINT WHENCE THE QUARTER CORNEK THENCE 55504'00'W 08Â·70 FEE-T 1 \\ \ 1 \% : \\A COMMON TO DAID DECTIONS 7 AND 12 BEAK5 #2251'18"E THENCE_ 503%5'0005 101Â·63 FEef life/ 7 FE /*-1-- 63------ \\ \\ 1 4- 1 \Vk (032.67 FEED THENCE- 507Â°4 '00'h 12.1.66 FEE-T~ 550Â°04'00'[W.. \ /if, 58Â·70 4 \\\ 6 3 l --1.) r-----3 \ \\>\ 7 63 \\U THENCE 534'55'17"E 30.09 FEED -1-KIENCE 58901 ~0011*' 37Â·85 FEETi \J ly l./1 \ \\\\ 0 C 6 H 8 -THENCE 374Â°10'00"6 25Â·73 FEED THEINCE 33706'1)"E &1.<90 FE-El& 1 6-1 1 FN 1. , . /\ \\ PITKIN COUNTY ..:../.:. 3 THENCE Â·002Â° 05'40"E 178.10 FEEli THENICE. 329Â°07'00"e ' 15Â·46 FEET, 91.4 \ i<p**I:\ \ \ C< B M 1/ \\ \\ THENCE 362Â°39'00 E '94Â·52 FEE-[~ THENCE- 307Â°CO'CO"E. 40Â·30 FE-ET, : / / 82 + THENCE NOZÂ°00'00"W 41,23 FEETÂ· THEILE 813Â°05'00"W 63.50 FEET, \ 6 2 \ \\. /1\\ i N20Â°00'00" , \\ 3.- \\ 11 1-11 /// /// 56.00 - THENCE 374' 10'00"5 33Â·70 FEET, THENCE 530'50'00" W 116.43 FEET, U \ \\ 0 .4 9\ , L-X\-///// A-41 // / THENCE 1\102Â°00'00't 32.4.00 FEET TO A ADI NT IN THE THENCE 30509'00" W 12493 FEETÂ· , \ CENTEKLINE OF THE ROAKING FORK KIVER, THE-hEE 377Â°55'0001*/ 33.69 FEEâ‚¬ 1/ 1-2 . I \\ \1 \ \\ - \./ 1 1 1> Â¥ c---**--- -<*-------3---2 ' 6 ,21 \\ THENCE AIDNe DAID CENTEKLINE THE FOLLOWING THENCE 317Â°25'00. E Â©Â©Â·04 FEET. 1 5 1 1 \, BEAVER PUNC)5 ,,---i ~ 4' 4- 9- ~- \\ COURÂ©[5 AND DIDTANLEO Â° TRIENCE 349'55'0(3"E. 1 27Â·22- FEE-1'~ 6 r-/ 4-/- 6 + -3 br 1 \\ CREEK N64'271001'W 115Â·50 FEET-~Â· THENCE 344Â°34'co"W 21.54 FEE-73 / / -- 1.\. \\\\ 4, \ \ \\' %14130'aD" E 144.50 FEEÂ·Ti 71-IENCE N79'05'00"EL 46.45 FEEt Â£ 1\10527'.00"w 63Â·32 FEETi THEHCE 054Â°47'12" 5 67Â·66 FEEtÂ· \ 3 r 116 --> r HALLAM LAKE it. \\ \\ N 23* 29'00'1 E 164.75 FEET> THENCE- 049>Â°4 1'00"E 4960 FEE-[1 11 / - 4 \--1 :\ \\ THENCE .5 34Â°25'00"E 78.60 FEED 1 4% (9 -- / \ 1 5 1 13 1 ~6 N'4011 00"W 24.U FEE.79 1 C--- f ANNEXATION 01- 1/ 1 N 38)73'00"W 125.19 FEET,Â· THIENCE N55'35'CO"E 40.33 FEED' \\ 3 3glÂ°.310411 E- 4*, j~~ 003 N 34006'00"w 105.54 FEET;Â· THENCE 540.3453" 5 517 FEET> / I. 11 \ h , 1 ~-, /1 1\ 21.52-6 ACKED = AN~EXATION AMD<#. N 27Â°30'00' 9 136Â·55 FEEtÂ· THENIC 5 509Â°2625"E 210.'3 FEETÂ· / t 1 t 1 ' 507Â°ap'jo"~*1 <. 255 ACK.E_S) = "~CADEMIC" ZONE~)AAGN . . / 0 + N 13Â°2(200"W 106.52 FEETÂ· THENCE 534Â°55' 17" E 32.50 FEE--f~ TO THE POINT OF 4 \ 4 0.30 \\ / / \\ 14/ 1 N12500'00" W 56.00 FEE-Â¢Â· 13>EeINNINGÂ· \ / 94 6 \\ * 1\126Â°20'00"w 317.00 FEETÂ· . HUFf /' NOGÂ°22'0011* 125-65 FEE.-1/ CONTAINING 21.52.8 ACKEÂ© NIORE OK LE-50 \ 3 eÂ°00' 00"W (~ \\ I I (450 \ 1 4 14/ .. \' & 1\]1401110011 \A/ IN. \ \ : E------- // --- 24. 64 h \ t\ \ 1, 6 \\ HUNTER \ 20. 09 BOUNDARY TABULATION CITÂ¥1 OF ASP 4 8* 01/A 1 3 Â»248* + " \ TOTAL ANNEÂ»TION EOUNPARY 46077 20 FEET 1 \\ 0 1-1 1 '1 ~ALLAM LAKE \ FERCER'17Â»M OF CONTIGUITY 75.34 96 0 BOUNPAKY CONTIGUOL)5 TO ASPEN 3644.05 FEET 5 2-6 1 12Â«Â«--\\ \T-\ 3 -- \\Â«4412Â«\ 4 20 Â«0 410%4 ' \ &44 \\ \ \ \, 1~577'551(30'9 33.89 8887:~&-, CITY OF ASPEN APPROVAL \\ % \\ -3 I 7025'00" 6 00Â·64 \~1\ 'U\ \\ 544Â°34'00" W 2 I.54 ag : ZONING " ~ 37 52. /w~ HC)5Â°27'00"W~ \ 7% \ \\ 849/2722 N 04Â°05'0095_ 466(0 THID RIALLAM LAKE- ANNE><ATION WAD AFFROVED 01' TNE I ' 55606 544'4 i'00"11 49.60 ~6 1 0.32 ' CITY COUNCIL OF TNE CITY OF- ADVEN, FITKIN COUNTY, 5 34Â°25'00"E 78Â·2 6 \\ 91 COLORAPO BY ORDINANCE NO._-----__--_____,32]KIED OF 1992, f LAN --- 00 FASSED THE---_____ PAY' OF , 1992 h'55'25'100:E 49Â·93 ~6 I '. .Â· 540 36 53' 5 5Â·IT - / 1 , ATTEOTÂ° uNNING BOUNDARY FOLLO~ ANNEXAD : i------------------ : 4 ~ij 00w- B \\ NORTH ,5TREET 4 . 4 1 1 C \ I. ADFEN CENTER , e WPW JOINT VE UKE S OR 4 FNFRMNEFErEEFFE ' CiTY' CLERK IVIAYOK. I \ \\ h. \ DUB IVIDION 9 \' I \ .0 - ' \\ 4 e ENVIKONMENTAL 141% CROSS HATCHING -24 M U , ''----- ) , 5TUD1 55 INDICATE5 RE-ZONING 13(UNDARY -~ .* u ./ \/ 6 r 7 4% \ I /*.. I. 'IEAST MEAEÂ©W ' % \ --- It 11 '' e j' ~J HALLAMUDD# inON 1 :.-- p---r--L L-i_-4 it 2 77//5 GEC)55 /Â·/4704/NG El \\ \1 , , C z / I '\ H NOTES 1 1 . OR#G#NAL ASREE*r--1.1,4~ *0 iE - - 9 1 <w-, .r I 'D.. - JNDICATEO EX.157-ING 21 \\ 1 1 , i \ 6 CITY L/,91/73 El iza \\.1 / / 1 NALLAM LAKE ANNEXATION EOUNDAKY' ID THAT CONTAINED 11 \\ /\ '' 9 Le./ a /4(/8&:1~12 411,111111111!~111111'~~~~ EN IN DEE[) FROM ELIZABETH H FAERCKE TO Â»FEN CENTER - , 1 FH<BE 691, LEÂ©5 LAND DECRIBED IN PEED TO WFW ~ up#95#72 -- I 1, , 1 A.C.E.S. Edlitwimui'"111 ' ' fo ' '6 FOR ENVIKONMENTAL STUDIED RECORDED IN BOOK 365 AT ...:I 3 L. -- -0--\A 6 5,62Â°05'40'lE ~725.19 1 04 ------.0/.. U 1 1 --- 1 1 JOINT VENTURE KECOAPED IN 13001< 332 FAGE 267 AND --------------- -__-__ ---__.---7-.m~ ----1 3\ / ' rgorot~alen#11 PUPPY 5MUGGLER JTKEEr 1 TREET VACATIOA , 1 2 '4 1 -- -- - -- -- --- --------------:/. /4/ / ; . LE-55 FAIRT OF LOT 2, KIEIKIKIAMI DUE>DIV(DION. \ '' - k 5, , .1 \ - *-* --% 6IVEN , 1 41 150,\ 96 : 9 1 2 5005 COOKOED AND DIOTANCED ALONG WEÂ©TERLy AN [3 i~'' / It !1 19 1 DOUTHERLy BOUNPARY- 131FFEIK FiÂ©M NORTH ANINE'><A~ 1 1, 21 1/ C NA 1 1 1 1 1 1 INSTITUTE. 4 07 /~A< TION BOONPARY. DEE COKREMONPANCE AMP IVIAF IKE Â¢ 1 1 --1 lili 2 1,1 0/ .1 :,A\. NOK[-H ANNEXATION IN CITY ENGINEEK'S OFFICE. A- \ , 1 ' \ .4-4 tri : ---J , 1 8 1 / - FlÂ©FEMOK HoUSE - **/, 2-=In-=21.~1-21-UJSh / ------) (~~~- -~ ' ; 1 ...+ ------ 1 ; 1 4 11 1 ' j 3 1 - O/ 4444*3 i / / 7, 13.ti*T----/ i --- FRANC/5 49,// ANK Ne//// 1----- ACCEPTANCE FOR RECORDING g' -- --/ ~ l //' Jr : \2\2\>r.-1 3 C.1 i I l,- 1 ' 1 L- 1 ; t' 11, 71-115 1Â»F OF HALLAM LAKE ANNE><ATOM WAS ACCEFTED 4.9 / r u v- f-_-*-; 1-1 (/ i FOR FILING IN TR-IE OFFICE OF- THE CLERK AND KECOFFER OF â‚¬/ --------1 Itt t\.5 FI TKINI COUNTY, COLOIÂ«IX) ON THE-----------------__-_PAY OF aTREET- ~~bIAN A.* 71 -- *\ .....----_......-- ----_---,1992 IN FLAT *DOK _-- ----__ AT 176 E 0 4 \ 1 1 1 I N f 06 0 0 0 0 - ----h / , ---_------------------- UNDER RECEPTION NO. ...........-.............. \ 71 + 1 1 I &0 0 O 8 0 6 1 1 \ ~43 il l 0 + CNI QO ! 01 k 1 CD 1 , iki 1 ik: 11.11 1 1 1 1 1 1 31 1 41 . ------1-1 r- 1 SCALE 1 IN = 100 ET Int; Azurl 1 191 CLERK AND RECORPEK 1 -1: ill \\33 li i i \\61 1/4 i 1 11 1 1 1 i \ il 11 -'r Null 1 1 ' ' Job No 86 769 * 3 1/ 1 NOTICE According to Colorado law you must commence any legal action based upon any defect in this survey within three years after you first discover such defect Alpine Surveys, Inc. Surveyed Revisions 8. ID.92 " MOT MEADOW " 130UNDAKY)Â· Title 11 In no event may any action based upon any defect in this survey be commenced Drafted 5.22. 92 JI-le> Fler[5501< HOUDE". Client A.C. E.5 more than ten years from the date of the certification shown hereon. Post Office Box 1730 Aspen, Colorado 81611 9Â·13Â·93 "ACADEMIC KEZONING BOUNDAIÂ©rl HALLAM LAKE ANNEXATION 303 925 2688 WITH PROPOSED 6*CADEMBC" REZONONG BOUNDARY 54 imf- 41 fi fi*i 1 lie'l i.*2**4 #3*in* i=ftÂ¢-5*fm** 0%@4246421*41 E4idiiw*mia mlill .E}lig:lizilarimi,"411 *H,/1/LhaAd/*abia/guradi liallililillifi/.1 1/. - -:.â€¢ * I â€žÂ·Â¢ I.IMITED APPRAISAL ASSIGNMENr of the ACES/PAEPCKE AND CITY OF ASPEN PIDPERTIES Puppy Smith Street Area Aspen, Colorado September 23, 1993 FOR: Al Dietsch, President Aspen Center for Environmental Studies Post Office Box 8777 Aspen, Colorado 81612 PREPARED BY: Randy Gold, MAI, SRA ApI)raiser-Consultant Scott M. Bowie, MAI, SRA Appraiser-Consultant The Aspen Appraisal Group, Ltd. The Aspen Appraisal Real Estate Appraisers & Consultants Crystal Palace Building â€¢ 300 E. Hyman â€¢ Aspen, CO 81611 â€¢ 303/925-8987 â€¢ FAX 303/925-5046 Group, Ltd. Glenwood Office â€¢ 1015 Grand Avenue â€¢ Glenwood Springs, CO 81601 â€¢ 303/945-7889 .h ~ Scott M. Bowie, MAI 1#L-~ Randy Gold, MAI September 23, 1993 Al Dietsch, President Aspen Center for Environmental Studies Post Office Box 8777 Aspen, Colorado 81612 RE: Limited Appraisal Assignment: Valuation of the ACES/Paepcke and City of Aspen Properties, Puppy Smith Street Area, Aspen, Colorado Mr. Dietsch: At your request, on September 23, 1993 we personally inspected the subject properties with the purpose of estimating their Market Values. We refer you to our assumptions in the body of this letter as they are critical to our value conclusion. We must also emphasize that we have not been provided with detailed legal descriptions of either of the subject parcels and their exact sizes are unknown. We understand that the function of this assignment is to assist you and the City in determining value estimates for trade purposes. We also recognize that the value conclusions shawn below may not in fact reflect what is actually traded. Rather, portions of the two properties may be traded in order to facilitate the needs of ACES and the City. On this basis, we have shown the value conclusions for the two parcels both as a lump sum and on a per square foot basis. We are providing our analysis in the form of a "limited Appraisal Assignment." As such, it does not contain a complete description of the subject properties nor does it include a detailed discussion of zoning, highest and best use, the neighborhood, or our analysis of comparable sales typical of our formal appraisals. However, while this document is abbreviated, our analysis has been in depth, and we PFRAISALI N5TITUTE~ do not feel we have departed from any of the requirements of the Uniform Standards of Professional Appraisal Practice. Given the assumptions we have made, we do not feel that our valuation would change based upon the more detailed reporting standards of our formal appraisals. We refer the reader to our discussion in "Approach to the Valuation Problem" on page 8 of this report which details our methodology used in analyzing the subj ect pmperties for the trade. It is the City's intention to acquire additional land from ACES/Paepcke to build a house for the City electrician. In order for this take place, it is our assumption that a 15,000 square foot site will be deeded to the City with a building right in place. We also recognize that 15,000 square feet is currently part of a larger parcel, and that in order to effect its division, approvals and costs are necessary. These are reflected in our valuation of this parcel. Currently, the City owns approximately 11,000 square feet improved with a dilapidated single family residence. This lot is a non-conforming, but legal lot of record which could be developed with a new single family home. The approval process is straightforward for this site with only relatively minor costs involved with obtaining a building permit. With respect to this parcel, however, as we have noted, the specific size is undetermined. We have assumed that the parcel is approximately 11,000 square feet, although any minor deviations (which we would view as approximately 1000 square feet in either direction) would not affect our conclusion. The parties involved have agreed that the "dated" improvements on this site have only nominal value. We concur, but have considered their minor contribution in our analysis. Based upon our analysis of the accumulated data, it is our opinion that the subject properties have the following Market Values, as of September 23, 1993: ACES/Paepcke Parcel (15,000 SF): $300,000 or $20/SF City of Aspen Parcel (11,000 SF): $450,000 or $41/SF Please note that our final value estimates include real estate commission and reflect cash or cash-effective transactions. Our valuation is based upon the assumption that both of the subject properties will have one inherent building right. We have also assumed that the ACES/Paepcke Parcel will be at least 15,000 square feet in order to effect its division fram the larger parcel which The Aspen Appraisal Group, Ltd. it is currently part of. Evidence to change either of these assumptions could materially affect our value conclusions, and we reserve the right to amend our value conclusions should either of these assumptions prove in error. We also direct the reader to our comments in the Summary of this report (page 15). Attached is our report containing the supporting market data and edlibits frcm which, in part, we have based our analysis. If we can be of any further assistance, please do not hesitate to call. Thank you for this opportunity to be of service. Respectfully, tÂ»d t10';~ Randy/Gold, MAI, SRA Appraiser-Consultant State Certification - #CG01313337 Â«37 25,<' Scott M. Bowie, MAI, SRA Appraiser-Consultant State Certification - #CG01313375 The Aspen Appraisal Group, Ltd. CERTIFICATION The undersigned does hereby certify that, to the best of my knowledge and belief and except as otherwise noted in the appraisal report: 1. This appraisal assignment was not made, nor was the appraisal rendered on the basis of a requested minimum valuation, specific valuation, or an amount which would result in an approval of a loan. 2. The statements of fact contained in this report are true and correct. 3. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, unbiased professional analyses, opinions and conclusions. 4. I have no present or prospective interest in the property that is the subject of this report, and I have no personal interest or bias with respect to the parties involved. The "Estimate of Market Value" in the appraisal report is not based in whole or in part upon the race, color, or national origin of the prospective owners or occupants of the property appraised, or upon the race, color or national origin of the present owners or occupants of the properties in the vicinity of the property appraised. 5. My compensation is not contingent upon the reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value estimate, the attainment of a stipulated result, or the occurrence of a subsequent event. 6. To the best of my knowledge and belief, this appraisal report has been prepared in conformity with and is subject to the requirements of the Code of Professional Ethics and Standards of Professional Appraisal Practice of the Appraisal Institute. 7. I hereby certify that this appraisal conforms to the Uniform Standards of Professional Appraisal Practice ('USPAP") adopted by the Appraisal Standards Board of the Appraisal Foundation, except that the departure Provision of the USPAP does not apply. The Aspen Appraisal Group, Ltd. CIm'IFICATION (Cont' d) 8. No one provided significant professional assistance to the person(s) signing this report. 9. I have personally inspected the subject property and have contributed materially to the value conclusion. As of the date of this report, I have completed the requirements of the continuing education program of the Appraisal Institute. Randy ~old, MAI, SRA Appraiser-Consultant State Certification - #CG01313337 I have personally inspected the subj ect pmperty and have contributed materially to the value conclusion. As of the date of this report, I have corrpleted the requirements of the continuing education program of the Appraisal Institute. , i Scott M. Bowie, MAI, SRA Appraiser-Consultant State Certification - #OG01313375 The Aspen Appraisal Group, Ltd. ASSUMPTIONS, CONTINGENCIES AND I~IMITING CONDITIONS OF THE REPORI' The valuation study and the Certification which are attached are expressly subject to the following assumptions, contingencies and limiting conditions together with any special limiting conditions specifically discussed in the report which are incorporated herein by reference: 1. The Appraiser assumes no responsibility for matters of a legal nature affecting the property appraised or the title thereto, nor does the Appraiser render any opinion as to the title, which is assumed to be good and marketable. The pmperty is appraised as though under responsible ownership and management. 2. Any sketch in the report may show approximate dimensions and is included to assist the reader in visualizing the property. The Appraiser has made no survey of the property. 3. The Appraiser is not required to give testimony or appear in court because of having made the appraisal with reference to the property in question, unless arrangements have been previously made therefor. 4. Any distribution of the valuation in the report between land and improvements applies only under the existing program of utilization. The separate valuations for land and building must not be used in conjunction with any other appraisal and are invalid if so used. 5. The Appraiser assumes that there are no hidden or inapparent conditions of the property, including but not limited to subsoil problems, structural deficiencies, zoning and building code incampliance, which would render it more or less valuable. The Appraiser assumes no responsibility for such conditions, or for engineering which might be required to discover such factors. 6. Information, estimates, and opinions furnished to the Appraiser, and contained in the report, were obtained from sources considered reliable and believed to be true and correct. However, no responsibility for accuracy of such items furnished the Appraiser can be assumed by the Appraiser. 7. Disclosure of the contents of the appraisal report is governed by the Bylaws and Regulations of The Appraisal Institute. 8. Neither all, nor any part of the content of the report, or copy thereof (including conclusions as to the property value, the identity of the Appraiser, professional designations, reference to any professional appraisal organizations, or the firm with whicih the Appraiser is connected), shall be used for any purposes by anyone but the client specified in the report, the The Aspen Appraisal Group, Ltd. borrower if appraisal fee paid by same, the mortgagee or its successor or assigns, mortgage insurers, consultants, professional appraisal organizations, any state or federally approved financial institution, any department, agency or instrumentality of the United States or any State or the District of Columbia, without the previous written consent of the Appraiser; nor shall it be conveyed by anyone to the public through advertising, public relations, news, sales, or other media, without the written consent and approval of the Appraiser. 9. On all appraisals, subject to satisfactory completion, repairs, or alterations, the appraisal report and value conclusion are contingent upon completion of the improvements in a workmanlike Trainer. 10. Zoning in the Aspen area is in a constant state of change. Certain portions of the zoning and land use code are open to interpretation, and the outcome of any application is subject to government approval. The Appraiser has made every effort to identify these issues and their application to the subject. However, the Appraiser assumes no responsibility for difficulties in interpretation of or changes in the land use code. 11. Unless otherwise stated in this report, the existence of hazardous substances, including without limitation asbestos, polychlorinated biphenyls, petroleum leakage, or agricultural chemicals, which may or may not be present on the property, or other environmental conditions, were not called to the attention of nor did the Appraiser become aware of such during the Appraiser' s inspection. The Appraiser has no knowledge of the existence of such materials on or in the property unless otherwise stated. The Appraiser, however, is not qualified to test such substances or conditions. If the presence of such substances, such as asbestos, urea formaldehyde foam insulation, or other hazardous substances or environmental conditions, may affect the value of the property, the value estimated is predicted on the assumption that there is no such condition on or in the property or in such proximity thereto that it would cause a loss in value. No responsibility is assumed for any such conditions, nor for any expertise or engineering knowledge required to discover them. The client is urged to retain an expert in this field, if desired. The Aspen Appmisal Group, Ltd. RANDY GOLD, MAI SRA Professional Affiliations The Appraisal Institute, MAI #6984, SRA Certified General Appraiser, State of Colorado, #CG01313337 Licensed Real Estate Salesman in the State of Colorado (1979) Member of the National Association of Realtors Member of the Aspen Board of Realtors Education University of California, Santa Barbara, BA, 1973, Honors Appraisal Institute: Seminars and University of California, LA: Real Estate Principles Real Estate Appraisal Basic Valuation Procedures Analytical Tools of Real Estate Research Capitalization Theory & Techniques A&B Income Tax Factors of Real Estate Case Studies in Real Estate Valuation Tools & Techniques for Land Analysis Valuation Analysis and Report Writing Analysis of Special Properties Ethics & Counseling Training Program Contemp. Appraising of Income Properties Litigation Valuation Subdivision Analysis Adv. Sales Comparison & Cost Approaches Standards of Profussional Practice Experience Appraiser-Consultant, The Aspen Appraisal Group, Ltd. (formerly Mollica & Assoc.): August 1976--present Colorado Real Estate Broker: 1978--present Associate Appraiser, The Epstein Co., Los Angeles, August 1975--October 1976 Designated RM by American Institute of Real Estate Appraisers: 1982, converted to SRA in 1992 Designated MAI by American Institute of Real Estate Appraisers: November, 1984 Major Clients Norwest Bank Pitkin County Bank Alpine Bank Colorado Natl. Bank Boston Safe D&T Chase Manhattan Ute City Mortgage 1st Western Lending Am. Mort. Capital Wells Fargo Mort. Pitkin County City of Aspen Snowmass Village Resolution Trust Corp. Central Banks FDIC Appraisal Experience Single Family Residential Multi-Family Residential Condominiums Commercial/Retail Office Proposed Construction Ranches Vacant Building Sites Development Land Lodges/Hotels Easements/Condemnation Special Purpose Buildings Purposes Mortgage Financing Tax Planning Estate Planning Condemnation Listing Acquisition Insurable Cost Marriage Dissolution Tax Appeal Statement of Certification The The Appraisal Institute conducts a voluntary program of continuing education Aspen for its designated members. MAI's who meet the minimum standard of this program are awarded periodic education certification. I am currently Appraisal certified under this program through December 31, 1996. Group, Ltd. SCOU M. BOWIE, MAI SRA Professional Affiliations The Appraisal Institute, MAI #6848, SRA Certified General Appraiser, State of Colorado, #CG01313375 Licensed Real Estate Broker in the State of Colorado Member of the National Association of Realtors Member of the Aspen Board of Realtors Education Harvard University, BA, 1971. Phi Beta Kappa, Magna Cum Laude Appraisal Institute: U. of Colorado Continuing Education Division: Real Estate Principles Real Estate Law Basic Valuation Procedures Water Law Capitalization Theory & Techniques A&B Real Estate Finance Case Studies in Real Estate Valuation Real Estate Investment Analysis Computer Assisted Investment Analysis Litigation Valuation Adv. Sales Comparison & Cost Approaches Standards of Professional Practice Experience Appraiser-Consultant, The Aspen Appraisal Group, Ltd. (formerly Mollica & Assoc.): August 1976--present Colorado Real Estate Broker: 1974--present Condominium Property Management: Durant Condominiums, Aspen, Colorad6, 1971-76 Designated RM by American Institute of Real Estate Appraisers: 1978, converted to SRA in 1992 Designated MAI by American Institute of Real Estate Appraisers: March, 1984 Major Clients Norwest Bank Pitkin County Bank Alpine Bank Colorado Natl. Bank Boston Safe D&T Chase Manhattan Ute City Mortgage 1st Western Lending Am. Mort. Capital Wells Fargo Mort. Pitkin County City of Aspen Snowmass Village Resolution Trust Corp. Central Banks FDIC Appraisal Experience Single Family Residential Multi-Family Residential Condominiums Commercial/Retail Office Proposed Construction Ranches Vacant Building Sites Development Land Lodges/Hotels Easements/Condemnation Special Purpose Buildings Purposes Mortgage Financing Tax Planning Estate Planning Condemnation Listing Acquisition Insurable Cost Marriage Dissolution Tax Appeal Statement of Certification The Appraisal Institute conducts a voluntary program of continuing education The for its designated members. MAI's who meet the minimum standard of this Aspen program are awarded periodic education certification. I am currently Appraisal certified under this program through December 31, 1993. Group, Ltd. 1 ABOUT THE APPRAISAL Function of the Appraisal: The function of this appraisal is to assist ACES/Mrs. Elizabeth Paepcke and the City of Aspen in determining the Market Value of two pieces of land which are to be traded. Scope of the Appraisal: This report is a "limited Appraisal Assignment" confonning to the reporting requirements of the Uniform Standards of Professional Appraisal Practice and is intended to arrive at the Market Value for the subject properties. This appraisal is limited in the sense that we have abbreviated our discussion of the neighborhood, highest and best use, zoning, and our comparable sales analysis, etc. In addition, this appraisal focuses only on the Sales Comparison Approach to value, utilizing the most comparable sales of vacant land throughout the Aspen area. Although currently the City parcel does have an old residence, in our estimation this structure contributes no value to the property, and in essence, this is really a vacant site as well. Neither the Cost nor Income Approaches to value is considered relevant in the appraisal of vacant land. In the course of verifying the comparable sales data in our analysis, we have discussed the transactions with either the seller, buyer, or seller's agent (the real estate broker or salesperson) and have also verified data where possible with the records of the Pitkin County Clerk and Recorder's Office. We have personally inspected each of the comparable sales discussed in our analysis. We have not reviewed an environmental study for either of the subject properties. Neither site is likely to contain any known hazardous materials, though the structure on the City Property is old enough to have same asbestos insulation. We know of none, but have not inspected the interior. We have no evidence that the land was ever used for purposes other than residential development. However, we note that we have only performed a cursory visual observation of the properties. We have not researched the title, interviewed current or prior owners, nor have we done any research beyond that normally associated with the appraisal process. The reader should be reminded that these comments are being provided by Tlle Aspen Appraisal Group, Ltd. 2 appraisers who are not trained or qualified to identify potential environmental problems; therefore, it should only be used to assist the users in their awn determination of whether or not an environmental professional is required for further study. Since the appraisers are not environmental professionals, they cannot be held liable for the lack of detection or identification of possible environmental problems. The appraisal report must not be considered an environmental assessment of the pmperty, as would be performed by an environmental professional. Purpose and Date of This Appraisal: The purpose of this appraisal is to estimate the Market Value of the "fee cwnership" of the subject properties as of September 23, 1993, the date of our inspection. Fee ownership of any property is the highest form of ownership where in there are no restrictions on title other than easements of recond and the four normal limitations: taxation, eminent damain, police power and escheat. Market Value is defined as: - "The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably, and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: a. buyer and seller are typically motivated; b. both parties are well informed or well advised, and each acting in what he considers his own best interest; c. a reasonable time is allcwed for exposure in the open market; d. payment is made in terms of cash in U.S. dollars or in terms of financial arrangements camparable thereto; and The Aspen Appraisal Group, Ltd. 3 e. the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale." (SOURCE: Office of Thrift Supervision, Office of the Comptroller of the Currency, and Financial Institutions of the Reform, Recovery, and Enforcement Act of 1989 [FIRREA]) . The Aspen Appraisal Group, Ltd. 4 PROPERTY IDENEFICATION Legal Description: We have not been provided with precise legal descriptions for either of the subject parcels. The City Property is located at 220 Puppy Smith Street. This parcel will be described by metes and bounds. The ACES,/Paepcke Property is located in Iakeview Addition. Currently, the Paepcke holdings include lots 6-11 and part of Lot 12 in Block 1 and Lots 1, 2 and 5-11 plus part of Lot 12 in Block 12 of the Lakeview Addition. At one time, this property was divided by an extension of Lake Avenue, though that thoroughfare has been vacated. With that vacation, these parcels have merged into a single developal:~le site of approximately 53,672 square feet. From this parcel, as we will discuss, we have hypothesized a 15,000 square foot building site adjacent to the City-owned electric switching station which will be traded to the City for the property at 220 Puppy Smith Street. Present Owner of Record and Sales History: Title to the property at 220 Puppy Smith Street is held by the City of Aspen. Title to the 15,000 square foot trade parcel is held by Mrs. Elizabeth Paepcke. There have been no arms-length sale transactions involving either of the subject properties within the past 5 years. Neither property is listed for sale. About the Properties: The subject properties are located approximately 7 blocks north of the Hyman Avenue Mall, the focus of cammercial Aspen. Both properties have access from Puppy Smith Street which services the Mill Street shopping area including the U.S. Post Office which is located just east and adjacent to the ACES/Paepcke Parcel. Separating the subject properties is the Aspen Electric Department switching station which is an earth sheltered structure and one which has minimal visual appeal. The Aspen Center for Environmental Studies and the Hallam Lake Nature Preserve of approximately 21 acres is located just west of the subject properties. The character of the surrounding neighborhood is primarily cammercial in orientation to the south and east, while the open space of ACES dominates to the west. 'Ihe Aspen Sanitation Department occupies land to the north, and this area is also sparsely developed and includes a large settling pond. The Aspen Appraisal Group, Ltd. ' , 1 1 lilli;11 1,1 ; .... .. 1 ~â€¢/ 1 1 ',4 1 . 1.-t .1.-1. .1 . 1 1 - ,1 - 1 1 1, l . i , t. . , . 1 - .1 1 I , 11 T./3 ... ... 1 : 1 , 54 1 41 p ..:1 - 1 .1 11 1 1. 1 .' ./. I er 6.,.. 1 -7 . . , , 1 1 / 1 --tf--13.,In...:J:.4/. f~~).1 1 ....r#:. 4*44:.1;1.12~ :32.21.1047 yE.D,~Et-\1~ :.1 :~ : I Â·l \ t . .. , f f.ij..i,14(,tfillfI:'7=t.fhac~&Â£j'Â·Phihi . d.... 2 7 .- ..0, 730 03 .... ~~U, ..#,r.Th:V, 10 9 1 . I' '' .1 '. : k.< 1 . 1 , ..1 I K, . / L 1. 'I.'.1. ~.3.. 2.c 7- r/6.5 , 421 1 21 0 0"' Â· ',.Â· 4.261j-,~ :,~ % th., .'Â· ' ':~ 4 .1 1 4 <â€¢*1/.N'; '41. f . , . , 1 ... 5, \ 1 Â· ~41.'.' . , I , '. . 4 . tÂ·Â·â€¢ Â·Â· :0,/'14,Â·11%1 'I. -4Â·~4' 42Â·vi , h f " 1, fc ' ... Â· . 1, . 1 'fl ' i Â· ' I -P=L.. .\14 k.1. 1 1 ''' 44 i .:.:.4, ./...,Li j l.,6.r),24'V f '. f ..'1(!L. ~f:. 1 â€ž v r,1 k=.... . - ' ,Â· '' '~"; 0% i IiI j.; 1 1 11 -- 1 '4:'A /' r .~ f 1.. . Â·Â·Â·i:/â€¢1. Â£,Â·/f â€¢1 '6 1/40V-Â·' / Â·fuhj. W. , 4. r./.1.. ':'.'11' O/8*L Z , 1\ l. 1 14>.; 1 1 J Â· 15 J -b ' 4 11 '' i:. 1 4 1 11 1.-. Of /. 0 M . h., A 40 '00 . d '/4.# 1 1 N j)'e , , Â£,1 1 . 1 MNI . " Â· , I O ilikED 1 1, f 4,1 f Gcb,3 f .1.fL..9. 6 7, 1 -1.-*.- 50rr -4/' 1 . â€ž 1, 1:.il:~;~:24, â€¢Â·Â·' 1'' 'Â·'Â·~!~r6 ...4 1 10. t /1*995'. 1<ar-2Â£d ' ' 9*4 i .:~.27 27 61/0 'n",U",IAtt\ r %\ >'81'' i t.., . 0 -14 â€ž. . ..1 \ , - , .R..l..."lecw .1 1 , .4,1 1 f.j. 1 4, . i '~ AL#*W:th i. , . 0/ Â·T J/----, i 5..'- "y t, ..t),f,;~, "v/A ~.7 .4 1 :t '! 1, -''t , ' ' , . 'i fl.--:%3:Viti - Â· 6. ,--- - 1 0 1 , i.cÂ·,nur 0 ' C - - 1 , ./ Â·1.Â·,1â€¢6 005,1,VATIoN h 7 9 + .l . 0- . 57.1.. AM,1 ... 4.1, li,/ 04 " -;.2 0 96$'*:~0~,67,9,7/2~/:I~4 ,Â·/ 'Jfâ€¢Ict /*Uâ€¢ENT ' 04, â€¢â€¢lt' IN .A.D -Inâ‚¬â€¢Ct Â· -2. 1.'.b - 0 -' ..'h '71 Â»' i 'I , ' PER 7 6 Â£ i 4 ~ 7.Â· i" 13 'e â€¢rlow . Fl,ED DoCUNCNT,1,~ '4,,0. / 6 ' t, A %... Â· 1 62 1 44, r'LA, 11.. 2 ra...: , 2,Â·. mJ Wai .ia'Â·pieifid'.fleÂ·.Â·fâ€¢,14 A.40Â· i â€¢IN CollifY Count HousE, - er A.Irl r MOM 14,1?5% RH .' 4 9, 4- --------- ~â€¢â€¢Mt 0|~. E.o'., 50Acc lâ€¢â€¢100'0 .6 & Â· C 1~' . Â·--. Â·29;yt :~*hk ,-~7 367 .:0Â·,[ 3 .W :<~ tiâ€ž22%079341<5,1 Ntto '41.IM,Â·MAR, 7'-06 ''-Â·'1 ~.4 0 9 4 As |,OTE.-A,â€¢OVE I,AS A*,Â¢AMIâ€¢le Or A..1 '. '\~ 3 . 7- 1 -, /0 'i rei, 5â€¢,i,ect.,â€¢ ly.,rr IN LAK#w -Â· ..1 I '.tihti b. 1 91'...6-f// i - tâ€¢'4. f~Itt.D tVIB~UCK 5,loWâ€¢ 079'11'b' , , k - ,~ ~,~, 1 4./412 237/1 > . Â· . ': . 610 0.7 64: f.,ift Â¢' 4,14 50/vfier 23% , ir. 51â€¢fir, PionAILE o.irT#.O iMAOR oIl w ...., FlLED FrAT or LAK,VIEW {POT, |IN 2- r.,Â· ~,: r,~ - ,. . 1 1 '1 Â· Â· 1 '.1 1 'fe 1 ..r-,/ 6../A.... 1 4, 1 'Â·' t", or ST, I 5 rlite (EW COM,. Dul 33,â€¢Il â€¢LATI ,, 'Â·, .u r \ â€ž , , , ~â€ž, . '., ."'A,krk,â€¢Tr .St*v>r ,' ,..1.-> 42!]t IHIC Al' C.'t .6 TO â€¢E...0 Of ..UN.... t'â€¢ Â· , 0 , r ,e .' 1 , 1,1 â€¢f Il ALL. 5<Alro DIJTAICE S.Flow â€¢*COID FLAT A., . .. . V, 1, \ 1, - . /. i . 1 1 1 $ I Con. Il,1,4. Ler blâ€¢twitoNâ€¢ O/ 30 n., AMD 46 fl. â€¢,en, 1 . %'4 =4 3... -t: af...4/...dll i. ty''f ~ - '11 '4 1 n,â€¢0 3 NIC:. Â·txÂ¢RtrbnEÂ·607*Â·t DA, 8 RL,4 114 'tÂ· Â·-Â·Â·Â· ~ 3 N /9.5 N , 1 Â·Â·: ' '. .' Â· '0 7.Â·-C, 7 ' /?Af-*mÂ·Â·'CEOUrk'304,26:'il:-+3Â·:~512... :.''.'Â· Â·'11 10 1/ 29.92 /7., PilÂ·ldÂ¥ 4 t,dr* 1 ,/,0 3 DllflÂ« 1 h 2. 4,10Â¢'.1,/,09,Â·...12Â·..Â·Â· .., 1.....eli.4,1 k ' 4/ To Â»K )0.72 /7. â€¢â€¢â€¢ l.dri ) 1â€¢â€¢6â€¢â€¢ /ALL //+ fâ€¢LL t.*l/ )0 11- 1 tÂ·,I,4 .01 9,(... onitiviliâ€¢. 0, )liâ€¢â€¢ 0,â€¢f ieâ€¢ 5.,Wilâ€¢* 51. , St. ' 0'9:. ,. , . k' 41'5.:T - ' 4 : .1.- 'Lew//4 41Â¢t., /71/14// /0 *A/ex 4/41/0// THI, ~LA-1//. i Â·V' .,.1 1: Â·Â· */ Li.. 04:,16.râ€¢ 01;â€¢'.r 'Lkâ€¢ 13 t; ~ . +.,1 . -8:f . ''- 1.1 2444:~':>:. .11t '' , .,,,-, 11 1 --- -h' A *:d,/ 204,#1 14-0,<,4 /,082..7 -4 Â· 9,Â· P. : tÂ·â€¢,04, TNEâ‚¬IÂ·Il Liâ€¢Â£ ,Â» M,il" ,1,..11* 9.1,... 5Â¥J Â·& i. i,~1Â· li IN,oâ€¢. 1.,7 6 h. 1 ~- .r 'z-t -1 . . :1:11 : - 1,-- /1 j.~, "1 . 1 '1 2 .... :*'' . 1 i '.. rrÂ·*14,iA,51-kpi, . ,4 . â€¢ i , I h | I 'J.d60-*â€¢'â€¢~ ~ AN LAN '7 4- 11 * . - , ...,. .I t. C r ...1, ~1; 111;11\ ; 'Itr,Â©1 ,-tu'-Â·! ,*IÂ· ~l~ -i i ;'.~1';-t ~~Â·i, ~'2. ,Â· f. '~' ~~7.'. nkul 'jiti:RPO,12 276. fl- Iii e....h 16â€¢ br icnifle * lar )[lt, 6 J , , , ~ ' ' â€¢ 0Â·i.,UÂ·w-Â·,Â£-, i,â€¢Cu ID AÂ·At,irdÂ¢.C: 14 SURV,Â¥ 0,1.10,1 AV.â‚¬: -â€¢-â€¢â€¢~;16.~iiâ€¢ . 24'' '- A '1!1 6 '.- I ( Ab . .1 1-1:-1/&#i.4,Â·Ii'~ 4..~I,Lirf'?., ~-,t.â€¢.,â€¢; i'Â·D ~--=10' i;.0Â¢.r 6Â¥ 1.-0.â‚¬Aâ€¢=4.'."t. 11,9â€¢1.~.. ~Hee..7-m. u."-1-te.r.7-*.,=Â»:",DAY,4Â·3R.;jOI FL~;. r~' :11 ~~I,-~1 1 '9,- 5ie. -269-ci~Â· (' -."'; .,-)'.1 -:Â·71.,Â·1 ,r -"-' '-- ': ' 1",4~~'I~--~-'24-2 -, â€¢ 1,07 'MT.:Int, 0,0 1: ~';4.~Ejf Ci tâ€¢F- 1,004~iny,fâ€¢â€¢ A:~:Al.Tid' IN'113 1'. .1& ,~ ;12Â»Â·:Â·' A 'al.1.11 -1, - -i, 1 Â· Â·'â€¢ Ir flitâ€¢ CA, .04,Alli?/.liMi â€¢likT Â·Ill illdi LOCATI 918 01 6â€¢,4.-/Irr â€¢5â€¢. . IÂ¥ ~â€¢ 1 ' 'ITIIAT 048" C.'Ele' F.U...Al' P..':|0' 0/ '..20' 11 1.54#..1,I I. T." 'll'lle',0. ' l-'' 1 1/- .1 4.61 .1... t.; D Â· '1Â·16 â€ž. WAr,/ Ay//L..Ant, .Â¥O /1,011,001/. 0.0./.ry'/wi/4,1.11- fia/T it .r'.0,2. ...Au.. 1 2 ; 2 1-~54.v.h:*1 & i ly- 11' 0-, , ., <,3*|2 .| | 1'|=|~ ~ |A~ ~,~7; :' 2,=pe '.Vh7,- A';i ..0.1="4 9,10'W.'..OVK. .6..': '-. .~. 1- -- ,~ I '11.1 1,11 1-1' U..8 3 Â· Â·Ci: 3..4.4.'li.h,;X '5144..46v,â€¢1 I f ,/,tyÂ·.2,+UNatÂ·a//7 --- L â€¢,1 5 City Parcel: This parcel is irregularly shaped, although essentially rectangular, measuring approximately 95 feet by 100 feet plus a small triangular parcel. It is located at the northwest corner of the intersection of Puppy Smith Street and the Rio Grande Trail. It is the northernmost parcel outlined in blue on the facing page. It is currently improved with a dilapidated structure of less than 1000 square feet. We did not complete an interior inspection of the single family residence as we feel it will be demolished to make way for new single family construction. The site is level to sloping in topography, running generally downhill from south to north. Views from the site are very good, primarily south toward Aspen Mountain. Although there is some impact from vehicular traffic on Puppy Smith Street for this property, berming and landscaping could help to minimize that influence. We feel that construction will take place in the middle to north portions of the site as far removed from Puppy Smith Street as possible. We have approximated the size of this parcel at 11,000 square feet. As we have discussed, we have not been provided with a detailed legal descri_ption of the property, however. Our value conclusion is not particularly sensitive to size, however. Any minor deviation from our approximated size will not affect our valuation. We have arbitrarily determined that 1000 square feet on either side of the 11,000 square feet we have estimated would not affect our valuation. ACES/Paepcke Parcel: This property currently consists of 53,672 square feet located in Blocks 1 and 2 of Lakeview Addition to the City of Aspen (outlined in yellow on the facing page) . The site is level to sloping in topography, running generally uphill from north to south. The west portions o f the lot adj oin a steeply rising bank which extend up to a mesa comprising Aspen's prestigious West End. South of the site on the ridge top is the "Red Brick School," originally the upper elementary school. This parcel is mostly level, however, and relatively open with large mature cottonwoods scattered throughout. Views from the site are average to good, primarily south toward the Aspen Mountain ski area. However, as one moves south on the property toward the most probable building envelopes, views of Aspen Mountain are obstructed by rising topography. Tlie Aspen Appraisal Group, Ltd. 6 This parcel is divided on the attached plat map by an extension of Lake Avenue. We understand Lake Avenue in this location was vacated in the distant past. A "driveway" still extends across the property in the approximate location of original lake Avenue and provides access to parking now used by ACES on this parcel. Plat maps we reviewed suggest that there may be a storm sewer easement through the original lake Avenue right-of=way. There also appear to be some utility easements crossing the property. Above-ground utility lines do not appear to affect the west portion of this site, although they do have more impact on the east portion. It is our understanding, however, that these utilities have in fact been undergrounded by the City, and that the above-ground poles and lines are to be reinaved. The Paepcke Property includes a small, dilapidated structure of approximately 400 square feet. It does not appear to be on the list of historic structures compiled by the City. Clearly, the structure is at the end of its economic life. We do not consider this structure to impact the value of this property. As we will discuss in the Highest and Best Use section which follows, it has been our approach to evaluate this parcel based upon a division of the site through the Lot Split Exemption process to result in a 15,000 square foot building site for trade to the City. The location of the proposed 15,000 square foot site is in the northeast comer of this parcel adj acent to the City of Aspen Electric switching facility. This portion of the site is essentially level and open in character with one large spruce located in its southeast corner. View orientation from this portion of the site is average, obstructed by rising topography to the south and irrpacted easterly by the adj acent post of f ice. Although berming and landscaping could help to minimize impact from the post office, this is still an important consideration in our analysis. Zoning/Highest and Best Use: Both of the subject properties are zoned R-15, a City of Aspen zoning category requiring a minimum lot size of 15,000 for single family construction. The City Property of approximately 11,000 square feet would be viewed as a non-conforming, although legal lot of record, substandard in size. Single family construction would still be allowed. The allowed floor area ratio in the R-15 zone is based upon sliding scale. For a lot of approximately 11,000 Sgtiare feet, a single family dwelling of just under 4100 square feet would be allowed. The lot resulting from the division of the ACES/Paepcke The 1 Aspen Appraisal Group, Ltd. 7 Parcel would be 15,000 square feet, in full conformance with underlying zoning. A single family dwelling of approximately 4500 square feet would be allowed on that site. Two zoning issues are important in our determination of value of the ACES/Paepcke Parcel. First, the City Code states in Section 5-502 that: "Vacated land shall be excluded from the calculation of allowable floor area, density, or required open space. " It would appear then, that the Lake Avenue right-of-way vacation must be excluded from the raw size of the site to determine allowable density and floor area ratios. According to the plat map, the right-of-way measures approximately 280 feet by 40 feet or a total of 11,200 square feet. 'Ihus, the "effective" size of the Paepcke holdings would be 42,472 square feet. Second, Section 7-1003 of the Land Use Code allows as an exemption from subdivision under Grawth Management Quota System restrictions "The split of a lot for the purpose of development of one detached single family dwelling on a lot formed by a lot split granted subsequent to November 14, 1977 where. . .the following conditions are met: b) No more than 2 lots are created by the lot split, both lots conform to the requirements of the underlying zone district and the applicant commits that any lot for which development is proposed will contain an accessory dwelling unit. . . d) The subdivision plat is submitted and recorded after approval indicating that no further submission may be granted for these lots.... The Aspen Appraisal Group, Ltd. 8 Approach to the Valuation Problem - Methodology: As we have discussed, it is our intention to evaluate two properties which are to be traded by the City of Aspen and ACES/Mrs. Paepcke. The valuation of the City-owned pmperty is straightforward. This is an approximate 11,000 square foot single family building site Which we will compare to other comparable lots which have recently sold. The valuation of the ACES/Paepcke Parcel is, however, not as simple. Currently, the parcel which is to be traded is part of a larger 53,672 square foot site and subdivision will need to be effected before the separate 15,000 square foot parcel could be transferred to the City. In our estimation, the highest and best use of the ACES/Paepcke Parcel is to subdivide through the Lot Split Exemption process, resulting in two single family building sites. Each would have to be deed restricted against further subdivision and both would require development of an accessory dwelling unit along with a single family home, although neither of these issues is unusual in our market. One of the sites would be approximately 15,000 square feet, and as we have discussed, it will be located in the northeast corner of this parcel, adjacent to the City switching station. The remaining portion of the lot will be a very desirable single family building site. Although it is not our intention in this appraisal to estimate the value of this remaining approximately 38,000+ square feet, clearly this property would be much more desirable than the 15,000 square feet which would be divided for trade to the City. In our approach to the valuation o f this 15, 000 square foot parcel resulting fram the lot split, we have considered not only the time and costs necessary to effect the Lot Split Exemption procedure, but also a measure of profit to compensate a developer for risk. Though the lot split process itself is relatively straightforward, the reader should recognize that there are few guarantees in Aspen when it comes to zoning and development approvals. In addition, the process involves time delays and if one or both of the sites are sold, real estate commission would also have to be paid. The 1 Aspen Appraisal Group, Ltd. f Land Sales -- Aspen Area Sale Price w/0 Sale # Date Location Size Price Improv. Te rms Grantor/Grantee Deed Book/Page 1 06/90 Aspen Blk 50 Part E&F 4,500 SF $550,000 $525,000 Conv Bascom/Sloviter 624/9 la 03/92 Aspen Blk 50 Part E&F 4,500 SF $595,000 Â©00,000 Cash Lambert/West 671/147 2 07/92 Aspen Blk 98 Part Q&R 4,500 SF $686,000 $686,000 OWC $386K Altfield/MHS Partners 682/713 - 3 10/89 Aspen Blk 14 Lots N&0 6,000 SF $545,000 $520,000 Cash Fleisher/Jococo 604/635 3a 06/92 Aspen Blk 14 Lots N&0 6,000 SF $650,000 $650,000 Cash Jococo/Alciatore 680/357 4 04/93 Block 46 Lot 2 7,500 SF $675,000 $675,000 Corrv Eller/Heaven on Earth 709/681 5 05/93 Blk 46 Part of A&B 3,000 SF $400,000 $400,000 Conv Vagneur/Rasmussen & Schov 711/636 6 10/89 Victoria Square Lot 8 6,000 SF $537,500 $502,500 Co nv AJJ Ltd./Eller 605/33 6a 01/90 Victoria Square Lot 8 6,000 SF $635,000 $600,000 Cash Eller/Am.Housing 612/295 6b . ' '.9 1.,3. Victoria Square Lot 8 6,000 SF $650,000 $650,000 Co nv Am.Housing/Weinberg 695/643 7 01/93 Barnard Park Court 16,533 SF $440,000 $375,000 owc Ritchie/Fe rÂ·nandez 700/709 8 06/93 Riverside Add Blk 2 Lot 1 7,812 SF $380,000 $380,000 Conv Buckland/Mooney 715/43 9 05/92 Aspen Highlands II Lot 4 32,666 SF $550,000 $550,000 Cash AH Ski Corp/Atkinson 677/217 10 02/93 Aspen Highlands II Lot 5 34,058 SF $550,000 $550,000 Cash AH Ski Corp/Northcastle 704/128 11 07/93 Aspen Highlands I Lot 10 40,118 SF $580,000 $580,000 Cash Ac.Physiological/Greenway 717/2 12 06/93 Sm u g gl e r Lot 1 2.12 ac. $593,800 $550,000 OWC $350K Albouy/Cooper & Leddy 715/323 13 06/92 Mt. Valley II Lot 45 15,110 SF $305,600 $315,000 OWC $215K Whitehurst/Morris 682/825 14 09/92 Mt. Valley II Lot 59 19,030 SF $300,000 $300,000 Cash Lederer/Gassman 687/812 9 VAII]ATICIN SIDCA\RY We have disalssed in detail the appraisal question as we perceive it. Valuation of the City's parcel is straightforward as it already constitutes a separately buildable building site. The valuation of the Paepcke/ACES Property is more convoluted. We have hypothesized a 15,000 square foot site and will estimate its value as if it were a separately developable property. In fact, it is part of a larger parcel owned Mrs. Paepcke. The most simplistic process to separate the site to carry a building right would be by lot split. Thus, our approach to the valuation of that parcel is to estimate its gross sellout once division is achieved and then to deduct some portion of the amount of costs necessary to achieve a lot split and profit for undergoing time delays and risks of lot split. The result is an "as is" value o f the land for trade, prior to legal separation tcward highest and best economic use. On the facing page is a a chart of the most recent comparable sales to which we have given greatest emphasis in our analysis. Sales range substantially in size. However, the reader should understand that size is rarely of primary importance to purchasers. They react more strongly to the prestige of the neighborhood, views, proximity to the central core and ski slopes, topography, availability of utilities, and other physical characteristics. Per acre or per square foot value comparisons in our market are not made by purchasers and to do so would be misleading and inaccurate. Small differences in lot size are not significant. On the following facing page, we have selected six of the sales we consider most appropriate for direct comparison with each of the two subj ect properties. We have made "broad bnishstrokes" of comparison on a percentage basis for location/prestige, size, view, and privacy. We stress the difficulty in deriving these adjustments. Buyers in our market rarely make definable market adjustments between properties and this situation is aggravated by a normal scarcity of supply. Our adjustments are drawn from our experience in the market and are intended to allow the reader to see the degree of difference we perceive between properties. The following is a brief discussion of the sales which we feel warrant greatest attention. The first portion of our discussion will center on the City's parcel and its comparison to our sales. The Aspen Appraisal Group, Ltd. r. Land Value by Comparison - City Parcel 11,000+/- SF Value Mi. Effective Adj usted Location Adj. Mil. Mi. Total Value Sale Date Location Size Price For Eme Prestige Size Vied Privacy Adjust Indication 4 04/93 Block 46 Lot 2 7,500 SF $675,000 $675,000 -20% 5% -10% -5% -3 E $472,500 5 05/93 Blk 46 Part of AEB 3,000 E $400, COO $4CO, 000 -205 203 10% -5% 5% $420,000 7 01/93 Barnard Park Court 16,533 SF $375,000 $375,000 10% -53 10% 15% $431,250 8 06/93 Riverside Add Blk 2 Lot 1 7,812 SF $380, ceo $380,000 5% re' J/0 101 $418, 000 11 07/93 Aspen Highlands I Lot 10 40,118 SF %80, COO 380,000 -153 -1 'R, #re, lvia 22),a $435, OCO 12 06/93 Sauggler Lot 1 2.12 ac. %50, COO %50.000 103 -25% -r C.7 .,O -20% $440,000 C i / 10 Valuation of the City Parcel: We have not been supplied with an accurate survey of the City's parcel, and no one seems to know with any precision its size. It appears to us from plat maps available to be appmximately 11,000 square feet. Any small variation should not be material to value, hawever. The property is improved with a small single family residence. We did not inspect this home, and it seems to be the concurrence of the parties involved that it has nominal if any value. From our exterior inspection, we concur. It is probable this structure would razed for new home construction on a site of this value. We have not given any specific weight to the impruvements, but they would tend to direct us near the upper end of our value range for their interim income-producing use and the fact that some tap fees have been paid. We expect these features to at least outweigh demolition Costs. Sale 4 is a lot located in Aspen's south West End, a much superior neighborhood. It is slightly smaller at 7500 square feet. Views are more dominant toward Aspen Mountain ski area from this corner lot and privacy is superior, despite the proximity of a small project used for employee housing. The total adjustment is -30% for a value indication of approximately $470,000. Sale 5 is located in the same block, and is a small 3000 square foot corner site running east and west along the block. At the time of sale, it included a small, outdated detached residence which was razed for new home construction. Again, this location is more prestigious, well away from the commercial impacts of Puppy Smith Street. The much smaller size of this site will limit build out to 2400 square feet above grade and makes architectural design difficult. We feel a relatively large adj ustment for size is justified. This is a north-facing site and views are somewhat limited. However, the privacy of this location is better without any impact from the post office. Our total adjustment is +5% for a value indication of approximately $420,000. Sale 7 is a 16,500 square foot site located near Cemetery Lane and averlooking the Castle Creek drainage, approximately 1 mile west of the central core. This is an inferior location farther from skiing and Aspen's amenities. The property sold for $440,000, but it included an 1133 square foot single family hame with three bedroams and two baths which we understand the buyer intends to keep. We The Aspen Appraisal Group, Ltd. 11 felt the improvements contributed between $50,000 and $75,000, leaving roughly $375,000 to the land. The greater distance of the this property from central Aspen warrants an upward adjustment. It is slightly larger than the City's site. Views are less commanding toward Aspen Mountain ski area. The privacy of this property is affected by its nearness to Highway 82, Cemetery Lane, and overlooking Aspen' s city maintenance facility. We consider this similar to the subject's situation. Our total adjustment is +15% for a value indication of approximately $430,000. Sale 8 is a 7800 square foot site with a small cabin adjacent to Park Avenue a short distance east of the subject. This neighborhood is somewhat crowded, inferior even to the subject's location. The site is smaller, though views are comparable. Privacy from neighboring hamesites is also similar. Our total adjustment is +10% for a value indication of approximately $420,000. Sale 11 is the most recent Aspen Highlands transaction (we have shown two other sales in 1992 and 1993). This site is much farther from central Aspen, approximately 2 miles southwest. It is a much larger site and warrants a negative adjustment for size. The prestige of Highlands and its proximity to a ski area, in our opinion, offsets the subject's central location. Views fram the site are good toward Highlands ski area, similar to the subject's. Privacy is much superior. Our total adjustment is -25% for a value indication of approximately $435,000. Sale 12 is a 2-acre lot located at the base of Smuggler Mountain north of the subject. This is an inferior neighborhood, though the much larger size of this site warrants a more than offsetting adjustment. The privacy of this site is impacted by its proximity to two large employee housing projects, but is nevertheless superior to the City's property. Views are reasonably similar. The property sold for $593,800, but included a single family home, and the effective price including full commission was $625,000 according to the broker. $350,000 was carried by the seller, but at a market rate and at the seller' s request. Our discussions with the purchasers indicate that they gave significant value to the im~rovements, despite their "dated" character and are in the process of remodeling them. The home contained 2412 square feet laid out as three bedroams, one bath, and two powder rooms on three levels. The layout was extremely awkward and quality only fair. We felt the improvements contributed roughly $50,000 to $100,000, leaving approximately $550,000 to the land. Adjusting for differences suggests a value indication of approximately $440,000. The Aspen Appraisal Group, Ltd. 12 We have a severe scarcity of available single family properties in this sub-$500,000 price range. This alone would tend to direct us to the upper end of our range. There are same listings which are relevant for discussion. The Newfoundland Claim on Ute Avenue is available for $425,000. This is 10 acres, but most of the land is steep and unusable. The building envelope presents same severe construction problems and is next to an avalanche zone. The property was under contract for near its list price, but we understand it may have fallen through. There are certainly same "trade offs" between this and the subject site. This listing has limited ski accessibility, much better privacy, and is heavily wooded with conifers. It is a similar distance to the central core, but its hazards, increased construction costs, and limited sun exposure, in our opinion, are offsetting. The Lavigino Property is available in Oklahoma Flats at 270 North Spring. This 14,375 square foot site is located 4 blocks east of the subject in a neighborhood similar in distance fram the central core and its amenities and in a neighborhood of reasonably comparable prestige, but better single family character. The site has average views, inferior to the subject's. It is level and usable and is comparable in size. The list price of $695,000 would, in our opinion, establish the upper range of value. The Lacet Subdivision is a new approved development located a short distance east of the central core and adjacent to Riverside Subdivision. Some of these lots are under contract in the $400,000 range, but three lots have been available at prices ranging from $430,000 to $495,000. 'Ihey fall in the 9000 to 11,000 square foot size range. The best lot is Lot 1 with good views toward Aspen Mountain ski area; it is one of the most private sites in the development. Its listing at $495,000 would establish the upper range of value for the subject. Our sales reflect a range of value fram approximately $420,000 to $470,000. Most of the sales cluster at the lower end of this range, but we feel the middle to upper range is better justified given the scarcity of available oampetitive properties in this price range and the fact that the subj ect's improvements, though of naminal value, would tend to direct us near the middle to upper end of our range. Estimated Value of City Parcel (11,000 SF): $450,000 The Aspen Appraisal Group, Ltd. Land Value by Comparison - Aces/Paepcke Parcel 15,000 SF Value Adi. --. 'A~ ~ TO:21 Tjal;2 arrective Adjusted Location Adj. 1.-LJ. Ada. Sale Date Locaticn Size Price For Time Prestige Siz e Vieq Privacy Miust Indication 4 04/93 Block 46 Lot 2 7,500 SF $675,000 $675,000 -20% ICI% -2CS -203 - -V-, - -1.- -nIT - Â¥1 $337 ,_..... 5 05 /93 Blk 46 Part of AEB 3,000 SF $4Col 000 $400,000 -20% 25% .rfu -153 $340, Ceo -LU,U 7 01/93 Barnard Park Court 16,533 SE 375,000 $375,000 LOS -15% --3 CR F.A .Rn r-r 8 06/93 Riverside Add Blk 2 Lot 1 7,812 SF $380,000 $330,000 Eii 105 -103 -15% -10% 642, CCO 11 07/93 Aspen shlands I Lot 10 40,112 33 6530,600 6530,000 -le 1CS 23 -2.0 4019, 1Â·J 12 06/93 Enungler Lot 1 2.12 ac. 350, CCO $550,000 los -ZOE . OCt -203 ...2-03 2330,200 -lut J 13 Valuation of the ACES/Paepcke Parcel: As we have discussed, the ACES/Paepcke Parcel does not yet exist as a building site separate from the entire Paepcke holding. The property is zoned R-15, and it seems reasonable to us that the minimum lot which could be created by subdivision would be 15,000 square feet. The logical process for creating that separately developable site is by lot split. Once divided, the property would have the disadvantages of looking east directly at the rear of the Aspen Post Office and north at the Aspen electric facility. All the traffic to the post office exits on the road directly adjacent to this lot. Views from this location south of the City's parcel are more obstructed by rising topography to the south and are much less dramatic taard Aspen Mountain ski area. On the facing page is a chart showing our adj ustments to the ACES/Paepcke Parcel of 15,000 square feet. The same sales are utilized, and all the same adjustments are appropriate in terms of location/prestige. This is a slightly larger site than the City Parcel, and all our sales are adjusted +5% relative to those made to the City Parcel for size. The views from this site are much inferior to the City Parcel, and the difference between our adjustments to our comparable sales are -10% across the board. Privacy on this site is much inferior to the City Parcel because of the proximity of the Aspen electric facility, the post office, and post office access. Each of our sales show an additional -15% adjustment relative to those we made for the City Parcel for privacy. Adjusting our sales results in a range of value from approximately $320,000 to $355,000. The supply of available land near the central core under $400,000 is non-existent. This severely limited supply would direct us to the upper end of the value range for this site at $350,000. The "gross sellout" of the ACES/Paepcke Parcel is not the conclusion on its value "as is," haever. In order to create this parcel, some subdivision from the larger Paepcke Parcel will be necessary. The Growth Management Quota System could be explored, though the expense and cost of that process can be so astronomical that property developers have consistently avoided its risks in deference to more straightforward subdivision exemption alternatives like lot split. The larger Paepcke Parcel appears ripe for such a division as we have discussed. The costs of such division are relatively low in comparison with full GMQS application and include planning, survey work, legal fees, and application fees. From our discussions with local planners, we expect lot split costs to range between The Aspen Appmisal Group, Ltd. 14 approximately $20,000 and $30,000. We have selected $25,000 as an appropriate adjustment. A portion of that would be attributable to the other lot resulting from the division, and thus we have applied half as an appropriate deduction for this 15,000 square foot lot. The developer undergoing a lot split will also want and deserve profit for the process. Part of that profit allocation should be an adjustment for the time delay involved in gaining lot split approval, which can take a year, and in some cases more. We feel a profit and time delay allocation of 10% of the gross sellout of this site is appropriate. Thus, the following value conclusion for the 15,000 square foot site "as is" prior to receipt of divisi on is suggested: Gross Sellout: $350,000 Less 1/2 Development Costs: ($ 12,500) Less Profit (10%): ($ 35,000) Resulting "As Is" Value: $302,500 Rounded: $300,000 Estimated "As Is" Contributory Value of a 15,000 SF Parcel created from the Paepcke/ACES Property: $300,000 The Aspen Appraisal Group, Ltd. 15 SUBQAARY Property Value City Parcel ( 11, 000 SF) : $450,000 Property Value "As Is" ACES/Paepcke Parcel: $300,000 The value conclusions above are contingent upon all assumptions outlined in this report and integral to the value conclusion. Lacking a survey, we have estimated the size of the City Parcel at 11,000 square feet. If it proves to be materially different than that, it could affect our value conclusions, though small variations are not relevant to value. We understand that the City and ACES/Paepcke plan to trade properties. In this regard, we have tried to analyze both properties in an "apples to apples" analysis in which we compare sites each with a development right. The Paepcke/ACE:S Property requires division to create a separately developable site for trade. Our hypothesis of this 15,000 square foot parcel requires division from the larger Paepcke site and have chosen the lot split process to hypothesize that division. We understand something less than total site square footage may be traded. If that is the case, the City and Paepcke/ACES may decide to trade property based upon a dollar per square foot analysis of our final numbers. We caution that if such a trade is performed, that each traded property should be carrying a building right in order to this "apples to apples" trade to be fair. If lot split of the Paepcke Property is effected prior to trade (at ACES/Paepcke's expense), the site should be valued as above, before deduction for profit and cost. We also stress that a minor variation in size of this parcel above 15,000 square feet would not affect its value, though it would affect its value per square foot. The Aspen Appraisal Group, Ltd. 1 11,131=7 11 L)1Â¥1 4 I ' ./ *a I -965, 1. . ff . 4 1' Â·' - 4 . ~- ~ - -~~ ~ ~*Â¢,E.Â·4~~t. %441 8 - ?m.i. â€ž . 044*. 117:.'ll I- Â·.â€¢ ,/.Ii 64 21 6- I ; 1--a.. Â·u . A-*~~: .,7:.3,rw'e.. 3â‚¬.t,=11-1:C L~.rÂ·., t - r. . .e 2*/39 ./ .63.4 9&AE#5::4%*4id:-~9~.,6-Â· h,trfÂ·.te:4~ ...,1 . 1.155/'a 27 454..1~-' Â·'r Â¢"bf...*ig -I - ..- 3.7,4 e Â©*23' :: 0 % .... '4~~.b~,;1 70*4. Â· -t.ty.. 36%:u - .1 4/ . , 9 , 2.... . 51. 44 D .9,2Â£- . 53*WE,@ahsrwt .L, h,jil/05.. 4. Â· 1 Â£*Przyi 3 , . . I. . v 4Â· 10- i .4 231 ., .,5 22. 2 t. 1 ..0 h '' L- . 61 14 - . . ., . 4/ __1 - - - 'JI +04\~Â©F*4 44 I </ r:lif:BAL' VJ t r*~ *i' .~* 1Â·Â· - . Â¥ --2--I.- i / 41'14 41,31 - ,~.. 96.14 M e ~ 4 2,4*tie: + Â¥ ' . 744~Â· gr ...... , E ' 4Â·Â·â€¢Â· ' 9. 4-' 1,1 , -:3 : 197$ 9 , 4 4,5 4.... 1 14 1.J 7 .6 P; & I J. . 11 , .1 i Â£5 *U tÂ·Â· It. .... 4161, 511|Ub b>t , 7 'le#*it'WI6â€¢=4*A.e City Property From Rear â‚¬2. f Lf': ..2.,lff, .,4~-FÂ»-,4- tiki I 1 9/1/IM*fl' , ,- -6/14 4 4Â© 0 1,11 2 1-4+ s.5 ..... 46,4 4 -../ 1,4,034 .%4: + -2 I .C=0*- f L - -C View South Over Post Office From City Property 3~1.Â· '3~&Â£/14 !i, 1,69'11 Â· -429;- 3 11; ' i '%+9*â€¢MaypvÂ·.87Â· :74:.. T 9 ~-2 6~-1' . ~4.31.~4;~7~5~- 6-pr . I /'... ~ ~~*~~#~â€¢~~ ~~~l~~~~~~t~'~~ - . 113~ar:*AW///41,4 .2, 4.*2///~Q~<7/~#/93-rem~3--:AN//a/6/re 0 - .4... /1- 7,## :BR,1/'llita . rr 1,477* .,1 7.f 1./1/.1 *tx ..2.Il>*1#/leakie/*86/*p,ex/1/Fixt - ...y C '.A 1- 1.72--7*lik.Oit -'4/illi/L , d P~LJ r" -1~ - ......g~.2.:-1â„¢....U- -, A. ./Ill/70 *PE- - I. W.4 . , 'f 6, *k , i Â· V' . -,r---. I ... 41, ..4 ,Â·af ' 1 10- - ..1.*FS:1553/:Ii*/Mi;ES#imlimmlimmiligm 4 QUY,--4&17.. 7 ..T. 1 . . .13 att- ,- . 4.r Paepcke/ACES Property From Post Office ... 0, Â·5'Â·'/ ... St. P 1 'A . ,-28(/*74~Â·.'. 7 : : t'.1'r. b -. 4*1.:,2...9.. 1 .ir-Â·:.FaijÂ·.hNIe. I~*Z<.&02-vt=Al :1 -4-4*12.41:f. *:1 1 *9 -'Â£*'%1~#.,Bilip.~~dif~-Ir;Â»7~1 .,4-~, .*lri .4&. 2..1-fn Â£94:04*0.-914.1.0.~-4/Wi.-/9.Ii 3-#*JE 7, .4 3.1,-5--'Â·AM*1&5 Â·:071-~ 404"fÂ»-4~~.:1'-' .7. ~1 - "c: - 5,#~421 4,4,~- .- 1Â¢4.,WI-Flfid*#,4152 .1-~gkt X 464Â·,123//iM. 92/,91'M#1.* Proposed Site - Paepcke/AGES Property 4, .....' -,ij 1.,2Â· 17#4-21Â£*0.-,Aff t : â€¢1' '.'~: I -I ~#I.j ttG.Â¥ Â·, 2 - 19 .~ Â·u .71 Â·tr 1 Â¢-'Ae:i 1 7. - Il' Â· :01{4~ 42 :. 1.1 -9.44 -4;#**11:Wil : 4 e.; ' â€¢Â¢*''t / :'*~fi,4-{ ~1> - 9 1~~*14*tu . + ' 6,Â·r 0% -4 Â·- r '93 ' -.-- - ;~tf~1S42-2.)21~ E, 2%1 :plt :.:/1/Af,&4 t. A 4iciw*.. -- , View South From Paepcke/ACES Property ;Di/Â·P,.:41 i... 1. Â· .: . Post Office From Pnepeke/AGES Property A Ut.,4 - 4 4 r./7 -7 1 Cge : it :4:9* '*4 , 2. A /4 + .j- Fr . 344U1Â¥-11*MIa ;. 4 . 7....22 41=Â»LTE' vt,, r< 4 . 44 I i 4- 1% :Â£. i =r # KiÂ· ;7191'4"*Att 1 h 1 .. ~..4. i '54.44 - Â·Â·Af.=15*41/ 9 ~ '44@mfti#MAN&.'1; r##PR*jzkjal Â·*4Â· -.-1.i--11.4.Fl, Pi* 3 '~4 .~*0;'-0'9 f..':4~~,17.,4:e.- Aspen Electric Facility From Paepcke/ACES Property i 0 9.1 f J IP, . 6 ),1.4 F' - 7. 9 - 4 Lia ..9 ? Â·Â· - 4 1.1 . 1 A Â·Â·'t I -~kil 7 4-= 9-1.-7//r ...4. 2-'. C Access Drive to Paepeke/ACES Property L.Â«V@ E j 1 1 < RED MOUNTAIN RA127Â·~ ASPEN, COLORADO 094.64 DR ----- BENNEIT RES \ 4... 10: (1*Â»84 - Cy ~9 4% PO/N73 OF INTEREST 1 / RAiLMOAD % <%/APL -.-94 \ 4. 1 WAGNER PARK DR, le Â£ AuPâ‚¬*2- PAMK WAY m / 4 e. A 1 GLOVY HOLE Mmr 4 UTE CHILDRENS PARK 1 , 9%%, S. Ulf WKING TRAIL r. ---fÂ§ , -p i L ASPEN GROVE CEMETEMY i + -- 3*j - 7. HE-ON PARÂ« - ---. a ASPEN INSTITUTE, ASPEN INSTITUTE ;47 / 2 --1 1 SILVER KING 49 '4041 0 >-a @ ~=,30- rsâ€¢- 39 HOSPITAL ~ ~58~i .r.GL~ ,â€¢2,02(Ar-77-37 Â»/ 1 .ED mITTE CEMETEMÂ¥ PAEPCXE AUNTORIUM 1. RED IUTTI DITÂ·OluuhC Xy 1 /..fle HOMESTAKE $ ~ CIMEr/â€¢r \194% . - - -1\L 9 17.----7 4 HOSP,TAL 11 ASPEM H AM SC>â€¢001 11 RAWARIA NM ..0 rl +44 dr i -36 j 411i C Ue,1, /-\ AN/TA ~y ,30 6- -=â€ž e . st < ~0Q NO 8 2.- tz *Impri ht-Â·clt - . , ..Ed:22.h~ \ 4 eetÂ«~~0 ~ , <90)0 7% ca_23=--gI-9 I I ASPEN I _2pr-%-3 gje-44:0---71 6"0"E 4 \GN, CEMETErr 3-444& \ A MAN-Q 7 80 M 1 \32% C " W. HOPKINS I - U} \21"AIM Py.*--fo -- Â»89-6-- 20 1- P 5 41 241< - ' ~--<IL, liTE 01/LMIJJ O/Lnl-- ~%52'4~1/ E 'ARK i c '45 / 1 .-1% Â¥ 1 PRIVATE % i *.Apr 1 \~,2 Urt HIKING TRÂ»r---- L.--_ ~ /4/-4, mAS;â€¢r. 1- U \ 1 Aspa @A'...,000, -4% 'Wft-NELI~ ~