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HomeMy WebLinkAboutcoa.lu.ex.Cooper & Hyman Apts.1978 i: ~ M E M 0 RAN DUM TO: Marc Danielson Dave Ellis FROM: Karen Smith, Planning Office RE: Gene Law, Hyman & Cooper Apartments - Subdivision Exemption for Condominiumization DATE: March 30, 1978 Attached for your review and comment are the preliminary plats for both the Hyman Apartments and the Cooper Apartments. I have also attached copies of the leases for Marc's benefit. Dave, the applicant understands that you may require full subdivision reviews. Please let me know if you think full processing is necessary. I have tentatively scheduled. this for the May 2nd, City P&Z meeting. Please return written comments and the plats (if possible) to the Planning Office by the Wednesday (April 26th) prior to the Planning Office. sr ); r c. ~r""~.' " . \~ ('; \;J n >;::;9 ~""~ II 'l'T ",,\1 Wi" ,r" V~ (~ J!:!!!!'........'<" ~;;oo 50" E. M/\\f\! STHE I\SPEN, COLOf':/\)O 81611 M E M 0 RAN DUM TO: Aspen Planning and Zoning Commission FROM: Mark A. Danielsen, Housing Director RE: CondominiumizaJcion Policy Hh th specific regard t.o: Gene Law 1 Hyman and Cooper apartments) In recen.t years Aspen has become a playground for wealthy investors. This investmBnt has mostly occurred at the expense of local residents and employees. '1'11.e resul t of these investments has been extremely high rents and the ultimate displacement. of the employees - to down valley areas - and out of the valley. The Housing Authority was crea.ted to help provide housing for the residents of Pitkin County, at a price they could afford - both nmV', and in the future. Consequently 1 the Housing Authority has little sympathy for the rich man investor - for it is he who created the labor shortage we have experienced - and it is he who has necessitated the formation of the Housing Authority to resolve the problems that he has created. Who are these investors? Certainly they come from various geographic areas and educational backgrounds. Investors range from wealthy New York lawyers to rich Texas millionaires. But it also includes some local residents from well educated businessmen to non-professionals. One popular and prOfitable form of investing is to build a duplex-type housing unit. The unit is then rented out for a period of time to local residents, who payoff a.t least a major portion of the mortgage, if not the total monthly payments. After having this convenient arrangement for a few years, it is then decided to condominiumize each uni t. Historically, such approval has ul t.imately been granted. The investor typically gives an indication that the current renters will remain, and they do so'- at least for the duration' of the existing lease ,perhaps even for a few years. However~ sooner or later the investor takes Ofl-.. .~~""'..!! 0 ~ J:t~t(,:~ roo r' <3.11 e1 u rn p a qr:; '1''';'/0 his profit by selling the condominium at~ free market prices - prices \vhich 2.J:-e vIoll above that \.,hic11 is af:f:'orda.ble by resident renters. Conf3equen.tly, the resident: is forced t:o move out, and Jche housing problem is again cornpounded by "cenan. t displacement. Hence f Ordinance 53 is obvious ly viola..ted in the end y for there is tenant displacemc-:nt. A~:rain :L.t must be emphasized that the Housing l\u.thority was crea.ted to help resolve Jche housing problem, .as 'dClS Ordinance 53, and protect the local resident from high rents and displacerneYlt. As a community service we are not hCTe to protect the investor, and any purchase or condo- mi.niurn-request is made \vi th t.he knm'lledge of the town ordinances and priori ties. '1'11e risks of inve:3.tment must be burdened by the invest:o:r, not by t...oe resic1erd:s of the communit:y. As with any speculatory market 1 the investment beaT.'s risks, and in terms of Aspen, these risks arc~ associated with Ordinance 53, the housing shortage, the need to increase the housing supply, and reduce tenant displacement. As a public entity, the Planning and Zoning Commission does not have as i.ts option the right to ignore the Town Ordinances, especially Ordinance 53. Therefore, if condominiumization will ultimately result in employee displacement, i.t must be rejected. To approve such a request would not only re-emphasize the Commissions I concern for protecting the return on investment, but would also make a charade out of Aspen's ordinances and priorities. The commission must either abide by Ordinance 53, amend it, or have it revoked. Fortunately, the solution is simple. Though seemingly at opposite ends, both condominiumization and Ordinance 53 can be fairly compatable. Both concerns can be 'met in the form to allow condominiumization under certain conditions. These are: 1. If condominiumization is approved, such condominiums will be registered with the Housing Authority, and the owner .. shall make known all current names and phone numbers associated with the condominiums. 2. Owner may only rent or sell to a resident and employee of Pitkin County. Such renter or buyer shall have maintained residency and full time employment for a minimum of twelve (12) months prior to renting/buying. 3. Owner shall solicit/advertise fcr renters/buyers, screen for residency and employment criteria, then contact the Housing Authority for criteria verification. 4. If renting, owner and renter shall use the Housing Authority standard lease, which shall be for a minimum of six (6) months. Leaseholder occupancy only. 5. If a unit is sold, there shall be owner occupancy only, and the new owner shall comply with all the terms and conditions mentioned above. In this manner, the units can be condominiumized and retained P I T K I N c o U N T Y -:4 ~~:'",......~ 506 E. MAIN STREET ASPEN, COLORADO 81611 M E MORA N DUM --............;.--.---....- TO: The Aspen City Council FROM: Mark A. Danielsen, Housing Director DATE: June 21, 1978 RE: Gene Law Condominiumization After finally contacting most of the tenants currently residing in the Hyman and Cooper Street Apartments, the following information was obtained: "-- Hyman: Apt. 1: Luky Seyrnour--conflict of interest Apt. 2: Fatah and Onera EvanS--rnec:lica1dQctpr who moved in about one month ago, did not know until last week that unit was up for condominiumization. Dr. Evans indicated thatcondominiumization would not affect him as he would not remain there anyway. Apt. 3: Bill and Carol Kane--support application, was offered a reasonable price to buy it; 940 sq. ft. unit, price in 80's. Bill and Carol will be leaving anyway, for a Midland Park unit. Apt. 4: Al Lyons--out of town. Cooper: Apt. 1: Robert Robins--outof town. Apt. 2: Al Romanoski--pays total of $500/month for unfurnished 1 bedroom unit. Wants to live elsewhere anyway as it is too expensive, so he does not care what happens. Apt. 3: Francis Marley--works at Leather Fetish, also pays total of $500/month including utilities for a 1 bedroom unit. Would like to see' condominiumization happen as she would like to buy a unit. Apt. 4: Jeff Hanna--unable to contact. Apt. 5: Paul Fields--supports condominiumization as long as rent is not raised and he can live out the lease. As a result of the above information and the unstructured requirements of Ordinance .53 .wi th regard to a specific time element involved, there is little basis to say that the applicant has not complied with Ordinance 53. To further support this recommendation that the condominiumi be ~~"'''.~ J~""" ............." n "t.. .~ Memorandum Gene Law Condominiumization PAGE TWO approved, Gene Law will make a written agreement not to raise rents more than $lS/unit after the current leases expire, and only to sell one unit per year commencing one year from now. Such an agreement should be made a covenant to approval. ,. r\ MEMO TO: RICHARD GRICE PLANNING FROM: DAVE ELLIS ~ ENGINEERING yz.../ DATE: April 17, 1978 RE: Subdivision Exemption Request (Law four-plex), Lots A & B, Block 69 After reviewing the improvement survey and making an inspection of the site at the corner of Ga-:rIIlisch.and.Hyman the Engineering Department has determined that the project is in substantial compliance with the sVbdivision design standards. Street improvements including curb, gutter, and sidewalk are in on both streets and the electric and communication utili- ties are buried. The only item which appears to be inadequate is the parking. ~h1 spaces are _D29uired whereJl.S.",.he.LVLeen LQ..ill:' and five are provided. ----------Based upon these observations the Engineering Depart- ment recommends that the exemption be granted subject to one condition, that being the correction of the parking problem. ~eve r ~l. .addi t i,on a 1..~El2.~x es, c.~nb.E3 ....~.dde q,..J2~lU!lll.~..th.~.,J2:Y, iJ",clllllL,,1?l the relocation of some small .txe$s' and shrubs to the right- oI=way 'bo~u~~~~' '..~.'. ">'--"--~~~~---~'-"'-""~> ~.....,~41~ jk ~ MEMO TO: RICHARD GRICE PLANNING DAVE ELLIS ~/' ENGINEERING~ v FROM: DATE: April 17, 1978 RE: Subdivision Exemption Request (Law five-plex), Lots A & B, Block 118 After a review of the improvement survey and an in- spection of the site at the corner of Cooper Avenue and West End Street the Engineering Department finds that the project is in substantial compliance with the subdivision design standards. There are no site problems which necessitate fur- ther review, and the project went through Ordinance 19 review in July of 1974 before Planning and Zoning Commission and City Council. Based upon these facts the Engineering Depart- ment recommends granting of the subdivision request subject to a written exemption agreement to be recorded and to con- tain the following three conditions: 1) that the applicant agree to JOln any improvement district for the construction of street improvements includ- ing curb and gutter and sidewalk on Cooper Avenue, and 2) that he agree to reimburse the City directly should they choose to construct these improvemens without formation of an improvement district, and 3) that he agree to join any improvement districts for future drainage or underground utility improvements. jk "- _.- --- "" ..'it ~ ~ APPLICATION FOR EXEMPTION FROM THE DEFINITION OF SUBDIVISION BY GENE LAW FOR A FOU:R.PLEXAND FIVEPLEX Applicant, Gene Law, requests exemption from the definitio of subdivision for condominiumization of a fourplex and fiveplex, both owned by him. The fourplex, called the Hyman Apartments, is a four unit two-bedroom townhouse located on the corner of Hyman and Garmisch. Each unit contains 965 square feet. The legal description of the property (6,000 square feet) is Lots A and B, Block 69, City of Aspen. Zoning is R-MF. The building w~s constructed in 1973. There is adequate off-street parking. The units are all rented by locals on long-term (one-year) leases. The building meets subdivision design standards. The fiveplex, called the Cooper Apartments, consists of five one-bedroom townhouse units, each containing 965 square feet. The legal description of the property (6,000 square feet) is Lots A and B, Block 118, City of Aspen. It, too, is zoned R-MF. The building was constructed in 1975, and there is adequata off- street parking. These units are also all rented by locals on long-term (one-year) leases. The building meets subdivision design standards. Because the buildings are existing, have all utilities, have no engineering problems, etc., it is submitted that the requested subdivisions are not within the intent and purpose of the City's subdivision regulations and should be exempt therefrom. Applicant also submits that approval of the condominiumi- zation will not reduce the supply of low and moderate income housing. Applicant has no immediate plans to sell the units and, for tax reasons, a sale of more than one or two units per year would be unlikely. Applicant intends to continue to lease under long-term leases, hopefully to existing tenants, with no substanti 1 " ~, increase in rents. Applicant would also hope to discuss sales of units with existing tenants at such time as a sale might be contemplated with the idea that a sale on mutually agreeable terms might be effected without the need for (and increased sales costs associated with) the property being listed. Applicant will be pleased to comply with the option/right of first refusal/notice/ lease term restrictions of Ordinance 53. Dated: March 17, 1978. l' ,if. . . ...() ~:(~~ Gene Law Box 2537 Aspen, Colorado 81611 -2- . ^ .. , ~ ,f.' The undersigned tenants in Gene Law's apartments support his application for condominiumization. He has been a fair and reasonable landlord with whom we expect to have a continuing good /~#;e~-, {--'} .' ~:;;;~ ~ ;~~, ,,/,""7 ,/.'j' i L ~ - /t~~~ " 11J~ '" ."~. ~.. , . ~-'F. ((J 11~' I'*\, M E M 0 RAN DUM TO: Aspen City Council FROM: Richard Grice, Planning Office RE: Subdivision Exemption for Hyman Apartments and Cooper Apartments DATE: June 21, 1978 This application from Gene Law requests exemption from Subdivision for a fourplex, the Hyman Apartments and a fiveplex, the Cooper Apartments for the purpose of condominiumization. The Hyman ~~ts and the ~s are located, respectively, on the southeastern corner of the intersection. 9~;L-Hyman-,a.t-,~G.aI:m..:j.sh and on the soutlie-asteru".,",2.9.~iJ].j~J.:.".=8;['J.1ie:::+IiEE:i"ftecj:;.iQn"....oL...CQ9~..L at -', rlg.Ej;;,.J2,~<L-_.~.E!~~~-B9tfi~~properties are zoned RMF. The applicant represents in hlS application that all units are rented long-term by locals, all of whom have signed the application. You will recall that this matter was tabled by the Council on May 22 at the request of Marc Danielson, Housing Authority. Marc felt that he should talk to each of the tenants prior to this council's approval, to be sure that they are sinQ,~re in their endorsement of the condominiumization application.~Mar~ has done so and now recommends approval subject to the applicable provisions of Ordinance #53. Mark's additional comments are attached. ~ ek.>~h"-1H~\"'-J~ The Plannin{J and Zoning Commission reviewed the application at a special meeting on ~iay 9 and recommended approval subject to: 1) Compliance with the option, right-of-first refusal, nOA~~~e \(~~~~~~ea~l5~-15eJl~.~~~lions of \ oz~~nanp~~ ,~.~ 3 and Satisfaction of th~ concerns expressed oy City Engineering (copies of Dave Ellis' memos are included in the packet) . 2) sr ~ M E M 0 RAN DUM TO: Aspen Planning and Zoning Commission FROM: Planning Office, Richard Grice RE: Subdivision Exemption for Hyman Apartments and Cooper Apartments DATE: April 26, 1978 The attached application from Gene Law requestse~emption from Subdivision for a fourplex, 'the Hyman Apartments and a fiveplex, the Cooper Apartments for the purpose of Condominiumization. The Hyman Apartments are located on Lots A and B, Block 69, City of Aspen and the Cooper Apartments, on Lots A and B, Block 118, City of Aspen. Both properti es are zoned R:"!MF. The applicant represents in his application that all units are rented long- term by locals. Dave Ellis, City Engineer, recommends granting an exemption for each of these properties subject to the following. With regard to the Hyman Apart- ~the only item which appears to be inadequate is the parking. Dave notes tha t the property pres enllx," h~s ..:.fm!r_.Q!:",Jj,,,'l.e....!li:u:J$j..n9...?J2.a~,~ut there is room behind the building-to add several additional spaces in order to bring the parking up to the"u~j.g,b:t.,,~.E~f,,~~~~ch would be required under present subdivision regulations. Wi t,b__r.e.ga..r.<:Lto ._tb.e_CoopeY'ApaY'tments~ Dave notes that the property went through Ordinance 19 review in July of 1974 before the Planning and Zoning Commission and City Council. He recommends that a subdivision exemption agreement be recorded subject to the following three conditions: fi. that the applicant agree to join any improvement district for the I constructionof street improvements including curb, glitter and I sidewalks on. Cooper Avenue and ! 2, that he agree to reirnbursethe Citydirect1y shou1d they choose to ! construct these improvements without formation of an improvement i district, and \ 3. that he agree to join any improvemertdistricts for future drainage '\, or underground uti 1 i ty i mprovemen ts. As 'Of the time of this writing we have not heard from the Housing Authority butanficipatethat he will recommend approval as the applicant has indicated that he will be pleased to comply with the option/right of first refusal/ notice/lease restrictions of Ordinance #53. The Planning Office recommends approval subject to the items noted. ~~ .f! t._ sr '};'o>7~3',JLEASE. I: "oIf",.t LEASE I !, ...;.....................day of ......~.~p.!:.e.~.J:?~:r ....... __, 19 77... I THIS INDENTURE, Made this ....~.~.~..... c betweeI'(;ene...Law................ .' ..... .......... .... ...... . .................... ..... ...... --....--..............---,....."........ ................ i i , II and.......... Raber.L.R_...Robins.............. II ......... .......,. pnrtyd the first part. .............-..... ....,....-..-........................ ......................-_.. . ..........,. --. ...--.......-... ...... .. .....".......... ..--' .. i I I I I, I. d I II I ................ ............................. ...................... .............................. ......~.......... party of the ge'cond part. ! I. WIT:-:ESSETH: That th.3 said party of the first part, in c.>tlsideration of the nwenants of the said party of the second part. hereinafter sc' forth. do by these pre..-..enh; lease to the ..:aid party of the : second pad, the following d'scribed prope. ty. towit: !i Apartment #1 410 West End Aspenl Colo. . " " TO HAVE AND TO HOLD to the said party of the secon.l part from the. ........ day of....~~p.:t;;~mb.!;,J;..w.J U.....7.7..... to the....l.s.:t..................... day of.Sep.tember........... 19..:7.2.... ~. And the l'aid party of the seeond part. in c(,nsideration of the leasing ~f the prem;.;e~ ag ahove :;el i' forth. covenants and agrees with the party of the first part to pay the said party of the first part a,; : rent for the sam. e the."", oL......Thr.ee...Hundr.ed..NinetYmF.ive..Dollars . . . . DOLLARS I" payable as follows. to wit: . : Payable on the first of each month. i .. i I il II ." The said party of the second part further covenants with the said party of the first part. that!. at the expiration of the time mentioned in this Lease.. .~aceaule possession of said premises sh~n be I. given to the said party of the first part. in as good condition as they now are. the usual wear, inevit. \: able accidents. and loss by fire excepted; and that upon ~e non-payment of the whole or any portion !; of said rent at the time when the same is above promised to be paid. the said party of the first part I: may. at.......h;i...9......election. either distrain for eaid rent due. or declare this Lease at an end, and ra- : cover possession as if the same was held by forcible detainer; the said party of the second part here~ ! by waiving any. notice of such election. or any demand for the possession of said premises: IT IS FURTHER COVENANTED ANI) AGREED. Between the parties aforesaid II II I. II I I I I t -\ i i I If lease is broken damage and cleaning deposit is II J ! I not refundable. ., The covenants herein shan extend. to and be binding upon the heirs, 1\ tors of the parties to this Lease. 1\ Witness the handa and seals of the parties II !, \\ 1\ I II I, II executors and adminislra- I \: Ii \i I' I! '! ..... .......(SEAL) ... (SEAL) .. ...... - ....... .. .....~. . . . ............ . . . . . . ... . . ........... ... ........-.. ... '.."...' ...... .......... (SEAL) ii 11 I!. LEASE I I THIS INDENTURE, Made this .....l-st:.--...........................day of ....Augus.t...................., 19.;q ...., i I between..... .Gene-"Law""""" . ...................,....... ..~~~..~~~~.~~~~......~~~......~..:~~~:~..: .............................. ... . .................... ....... ..m............. ...................m................................ ............m....' party ,,[ the first part, I Ii =d.~ran~~s~~~~:~ar~:~::::u.uuuuu.u........... 1. 'I I. il I ! ! ................, pany of the second part, I I. Wrn~ESSETH: That th3 said party of the first part, in ulUsideration of the ,'ovenunts of the i said party of the second part. hereinafter set forth, do by these presents lease to the said party of the second p~lI.t, the following d. 'scribed propel ty, to wit: Apartment *3, 410 West End Ii I' Il I ! Aspen, Co. TO HAVE AND TO HOLD to the said party of the secon..! part from the... ............... , day of...A.uSu.s:t................, 19...7.1....., to the Aug.ust..................day of..................... ..........., 19.18-..... 1. And the said party of the seeond part, in c('llsideration of the leasing of the premi.3es as above sel i' d forth, coyenants and agrees with the party of the first part to pay the said party of the first part as ;, I rent for the same the sum of....Th1:ee...Hundr.ed..Ninet.y. .F.i:v.e..DclJ.ars. ......DOLLARS I: I payable as follows, to wit: !: I I I i I j! I Payable on the first of each month. !: j '" I I I 1 ,. If lease is broken, the damage and cleaning deposit 1. is not refundable. The covenants hereiri shall extend to and be binding upon the heirs, ". tors of the parties to this Lease. Witness the hand. and .e&..~~~~..~.u~..u.uuu u uUUu.u (SEAL) ....u......::::7~.;'.u~;Zu.u....... ....u(SEAL) . (SEAL). ~.:" ~ No. 793. LEASE. 1:"adfnn1 PubJiHhin~' l~o,. ..,i~-.ll; ~::,,,d SU'l"l'1. .' - ~- . ,. _.....,..~--~,----,-..,.---""-"-_."---"-'---------- -.-- ,-".'-'-'. -'.. [I I I I LEAS E Tms INDENTURE, Made this ...l.s.t..... .........................day of .....J.anu-ary.. .. (. between. G.e.n.~.. .L.9J1............... . .... ...--........ ...... . ................. ........ .... .. ..,. ........ ...... ..... .......-- .. . 1~) 78 . I I and....... Martha...S.ey.mour....................... II !I I I I I I' Ii II I' ~....~.~....-~_..- _....~.... ,..~~.....~...~_.~... .........~.-.~..~.... .__.., part:, ,f the first part, ................ . ......................__..... ................... .....__............. ..............., party of the seconu part, I WIT~~ESSETH: That th:ls.a.i~party of the first part, in ,"Ilsideration of the lovenants of the said party of the second part. hereinafter sc' forth, do by these presents lease to the ,.;aid party of the i I' second pal't, the following d'scribed prope ty, towit: Apartment #1, 306 Garmisch " Aspen, 'Col.o. TO IT AVE AND TO no LD to the said party of the flccon \ part from the day of....Jan......................, HI7S......, to the..l.s-t.............. ..... day of.J.anuary. . , 19..7.9... !. And the said party of the !;('cond part, in c<ilsideration of the leasing of the prem;.w~ as ahove SCl i, forth, coyenants and agrees with the party of the first part to pay the said party or the first part as rent for the same the sum of.......f.9:tJ;J:;"...Hundr.e.d. And...T.went.y..DollarsDOLLARS payable as follows, to wit: Payable on the 1st of each month. '" The said party of the second part furtller covenants with the said party of the first part, that!. I at the expiration of the ti.rne meI1tion~d..in .this. ~tl.se, peaceable possession of said premises shall be i; given to the said party of the first part, in as good condition as they now are, the usual wear, inevit- ' able accidents, and 1088 by fire excepted; and that upon the non-payment of the whole or any portion of said rent at the time when the. same i.salx>Y~ promised to be paid, the said party of the first part may, at.h-.~X'............election, either distrain for saidreJlt<l~le, or declare this Lease at an end, and re- cover possession as if the same was held Ly forcible detainer; the said party of the second part here- by waiving any. notice of such election, or any demand for the possession of said premises: IT IS FURTHER COVENANTED AND AGREED, Between the parties afores.aid If lease is broken, the cleaning and damage deposit lS not refundable. The covenants herein .shallextend to aIld 1:>e. pinding upon the heirs, tors of the parties to thie Lease, Witness the hands and seals of the parties aforesaid, . executors and admillistra- I I I ! II .' 'I .. (SEAL) ..~ ..~...~...~' - ~.._~.. ".~~..~. -,.., ~..~.-....- ....... ........ -.-...... ... ---... . . (SEAL) "-- 1'1 No. 793. LE.\~,I':. Hratlro",' I'uhli.hinlll;"., 1~'l,kI6 StolltStr",.t, D,'n\'"r, CO\"rlld" u,,:I.r;Oll1.-.S.H fT l\ I I I I -..---'--- ..........-. .._~....-,_.,''"..,.,'_.. --, ,I I LEAS E THIS INDENTURE, Made this ....................,.......................day of ....~.~!?E::~~EY..J?........... 10..??.... I;; ::=:ni::~;'~ ;:~:.:;.:.::::..~:::--..::.:.:.:::::..:..-.:::.::::...:::..::::~.:"'~'::..::.=_:~.;.:~:Of.:~~:~fi:~t~~~ Ii ..... .............,._........ .......................... .............. ........ .'. ...~..... ............ ........ ........................., party of the second part. Ii ,I WITNESSETH: That the said party of the first part, in consideration of the covenants of the : , said party of the second part. hereinafter set forth, do by these presents lease to the said party of the 1 second part, the following described property, towit: ; i; 1\ ! Apartntent ..No. 5 410 West End and' Cooper TO HAVE AND TO HOLD to the said party of the second part from the...... ...."................. ..... day of.......f~.eE~~Ey....~,519..Z.?.....t to the...................lfi:-.........day of......X~.~E~.~ EY....... .., 19..!.? .... And the said party of the second part, in consideration of the leasing of the premises aR above set I forth, covenants and agrees with the party of the first part to pay the said party of the first part as : rent for the same the sum of........X.?.'!.E....I.~::.~9.::~~9...T.~.~...~.~9:..~9.!..~g~....._.._.... ,........DOLLARS ~! payable as follows, to wit: 1 I I ! I I I -I, ,\ II I i l: t: j; The .aid party of the.~nd part furthercovenanta with the said party of the first part, that Ii at the expiration of th~ time mentioned in this Lease, peaceable possession of said premises shall be j i given to the said party ot the fil'$t part, in as good condition as they now are, the usual wear, inevit- j able accidents, and 10'sa b,Y. fire excepted; and thAt'upon the non-payment of the whole or any portion !: of said rent at the' tim~when the ~e is abov~ promised to be paid, the said party of the first part Ii may, at......b.i.~.......election, either distr~in for said rent due, ordecl?re this Lease at an end, and re- ; cover possession as if the same was held by. forcible detainer; the said party of the second part here- by waiving any. notice of such election, or any demand for the possession of said premises: IT IS FURTHER COVENANtEr>. i\Nl). 'AGREED, BetWeen the parties aforesaid If lease, is broken. damage and cleaning deposit is not refundable Payable on the 15th of each month. t' to : ,.' 't. . .'.; The covenants hereiri,shallextend toand.hebindiiig upOn the hei:rs, executors and administra- tors of the parties to.this Lease.' , Wi~e.' fue han~ and .sai;:~~~:~...............u...(SEAL) \! . ....j~.~..........u..........u . ... (SEAL) ~ -.--"",-- \1 ~ ... ..................."........... .........._............. ..............................................._....... 4....._....~...._.. ............~..... , .., .(SEAL) t~ No: 793. LEAS K IraMord Ptlbll.hlo.~.{. 1824.'8 StolltStr...,I.n"n'lt';; Color-.l.. (57:1.50 t t) r 1 r I ! l: 1'1 P :1 I;,. " III THIS L'WENTIUE, Mt~e \hiS ........:......:.....................:....day of .......NQYI~~~L~....\~.. . 1977 .. Ii GENE LAt~ . .' ..J I: I between. ...... .... .. .. ..... ...... ..~... .., ...- ....................... .......-.....:... ..-. .... ... .... .....:..... '''''' """'" ..... ........ ....... ... ... .--.. ... !. ...................... ... ....................... .......................................................... ..................... party of the fir.'!t pa.rt., i II d AL ROrvlANOSKI . 1: 'I '~.::;~=~~::::~;.t~..;i..~;.~f.t~::;~B;:=,..i~.co~~iel~:~:n~~h:~c:,::~::~:~::~ :; said party of the second p;a.rt. hereinn!ter set forth, do by these presents lease to the said party of the : second part. the following- de8cr~bed property,', to wit: . " LEAS E UNIT 2 410 ~~EST EN~. City of Asper.. State .of Colorado Loca ted at the corner of Cooper' and Wes tEnd. 11 . . . Ii I TO HAVE AND To HOLD to the ea1d party of' the seeond part from the......Js.t........... ........ : II th\y ot......Q~~.~.l!1l?~X....,......, 19.,..?L....to the......~Q-V~....... ...............dayof.....~g.':~~~.~.~~.. .... ....... 19.!.?.. .... 1\ I And the said pE.-ty of the second part, in consideration of theleaaing of the premises as above set : forth, covenant: and agrees with the party of the first part to pay the said party of the first part a.s rent for the tlaLe the sum oL.f.gY.I3...I~.9.~~~.~.~..~!~.I2!...~.l.~.~~~~~~.~:.~..~r~.~...t~~!.!.9.~,..~.~.~:-::~.~..DOLLARS payable as follows. to wit: Ii Ij 'I Ij 1\ II 11 I, !' II I \I The said p; :'t;r of the second part furthe.r covenants with the said party of the first part. thai l' ill at the explratio ot the time mentioned in this Lease. peaceablt~ ~8Ses8ion of said premises 5h~lll be ! ~ II given to the saj~ party of the fir-st part, in l\5 gOOd condition as they now are, the usual wear, inevit- I. n able accidents, ~,:1d loss b~' fire eXc.~t.ed; ~ld t~tupon tho non-payment of the whole or any lx>rtion L \1 of said rent at tLe time when the ~e is .s.~v~'Promfaed to be paid. the said party of the first part II II may. at..__....h.~.S......electioD, eith'e1;clisttaIltt9r-'Baid rent due, or declare this Lease at an end. and re- II i! cover possessiol; as if the same w~ held by fo~bie detainer; the said party of the second part here- j! by waiving any notice of such election, or a.ny denumd for the posgession of said premises: . d IT IS 'FUF..TID!:R COVENAN'I'ED .AND AGREED, Between the parties aforesaid 11>(: ;1 11 H ~400.00 payab'le on th.e 1st of each month. $400.00 Rental Depos it her'eby recei pted for. $400.00 due upon signing of ledse. I. Ii t' $400.00 Damage and Cleaning Deposit due December~l. 1977. \i i. :1 I THAT IF LEASE IS BROKEN,...LliST ~lONTH RENT, CLEANING AND DAMt\GE DEPOSIT . IS NOT REFUNDABLE. . '. d " II . i I! The covemuts herein shall e.xten~lto and be binding upon the-heirs, executors and administra- II II' . tors of the parties to thiB Lease:: ; . '. '" II W1rn... the hand> and .eal..~::h..zt;:~.._....h.hh ..(SBAL) Ii GENE LAH ! I ............-........ ... ........ ..... ........... ............ ........ .... ........ ...... ..... q It II .' tI " ~ i ,I ....~..~.~._.......... .... AL ROMANOSKI t I I .. (SgAL) I I ! .(St~l\IJ) i I '.. ._::: ,..::~.,...........":.c-_................~=---.-......_____-:--......-------......---..:::;:::..--...- :::==-.L--~ .....~b------::..;:::~ --:------: I ; 1 i I I i: I ! ~... ...................... ............. No: 793. LEASE. -'I3radfol'd Publishim. vO.,. 1824.46 Stout Street. Denver, Colorado (~+3'5()11) LEAS E THIS INDENTURE, Made this .mn..nn.n...--......---...n..........day of ...___Juna.._.___.___nn.........n.' 19..7.7...., bet\veen. .... Q~.Il~ .1.~.w.... __. _...., _"" _......... .... ............... ......._..__...... __' .... ........ ......__............. n......... ............ -- ...... "'''''' ._...,...n ..._.... ............ ....n.... .,. __,.... ,"',..n." .n..,..n...... .... .,__.,.,.,..... nn,""",""'."'."'.""':"'-" party of the first part, and...... .... ......... I?Ul..K fJD.?.......... .n. __..... ... n" _. __.__.. .... n.. ,... ......, n :n......n. _.. '.' _....... _...... ... ......... ...., ... :.:n..... ..n.. "'" .., __. nn. .......nn. ...n. .n""'" ____.__..n. .,. ...._...n__...n __ ..__. .... __" ..'"..--. ........ .nu.n......__......n~...' party of the second part, WITNESSETH: That the said party of the first part, in consideration of the covenants of the said party of the second part, hereinafter set forth, do by these presents lease to the said party of the second part, the following described property, to wit: Apartment No.3. 306 Garmisch Aspen, Colorado TO HAVE AND TO :HOLD to the saic:l party of the second part from the..mn,tmh.................n... day of........J!JJ.l~................., 19__.11....., to the.......j,Q.th..............,.....day of.___...J1JJ1?_.................., 19..7JL.. And the said party of the second part, in consideration of the leasing of the premises as above set forth, covenants and agrees with the party of the first part to pay the said party of the first part as rent for the same the sum of______.E9,~I..H!_!n_g.~~g._~..T~y.~m.Y......An..... .p.'.'. ,NO.nL...!..QQ...... -.................. ..... .....DOLLAR. S . .." .. ...... .. .. '. '.., ,', ......'. .. ,',"" ...,......".._.......,..,...._,.'.,._.._....,.....,'._........",','.,_.......".'. .. "'.0..... .. ........ .......,... ......................... .... ..... ........ ........... .............. payable as follows, to wit: Payable on the 10th 0 f each mmth. I. The said party of the second part further covenants with the said party of the first part, that at the expiration of the time mentioned in this Lease, peaceable possession of said premises shall be I given to the said party of the first part, in as good condition as they now are, the usual wear, inevit- _II able accidents, and loss by fire excepted; and that upon the non-payment of the whole or any portion ......1 II of said rent at the time when the same is above promised to be paid, the said party of the first part 71 I may, at....1J.t1L.__....election, either distrain for said rent due, or declare this Lease at an end, and re- I cover possession as if the same was heldby forcible detainer; the said party of the second part here- j !I by waiving any notice of such. election, or any demand for the possession of said premises: II IT IS FURTHER COVENANTED AND AGREEm, Between the parties aforesaid 'I If Lease Is broken. tbe damage and cleaning deposit is not refundable · Ii I I \ I The covenants herein shall extend to and be binding upon the heirs, executors and administra- tors of the parties to this Lease. Witness the hand, and seaJs of the partie. aforesa. i.~i".. .-e.. ' /7\_ . ....._.._........._......._...-.-.< _,-~"\~......--..~... .-.....______........(SEAL) / :.9,.... "'7/. j .' Y I .' /' ", i / /. .'-/. /, ~/ .' .' ". . \,/ j / .../. . /)/ ~ ... y't .. ..~ (.,ik7:/'/' ,.C v?'l' ___', _. "'-"""-e<;-'..Y.", ..f:::__ ._.K.k..___ ..>-<.__..--t...__tJ.._. .-.~"". ........ ..... _.-.... (SEAL) 1 _.-"7 r:i l' ./;--- . - .-. ". -/? ....._................_ ......(f~.::).r..~+r:Ll2.. ..(f:.~.1.-:""::.';;~_~_._...__ ._...... """'" (SEAL) l/ . f" ; ~ l~;, Nt,. 793. LEASE.u'adford "" .... 1824.46 Stout I :! LEAS E ; ',... ., . ,. ... July 77 THIS INDENTURE, Made. this .....,....,..,.... .,......,...,..,.",..,..,day of .........................................., 19... ...., between..... .G.e.n.~...L.aw.......... ............................ ................................. ............................... ... . .................... ....... .....",............, party uf the first part, and.........~ ~.~.r.~~!?-.~~........ .w................... I ................. ................................ ....................... ............................... ".........,...., party of the second part, I I: WIT?<ESSETH: That tha said party of the first part, in consideration of the \'oveIlants of the i I said party of the second part. hereinafter se' forth, do by these presents lease to the said party of the second pact, the following d,'scribed property, to wit: Apartment #4 410 West End & Cooper 1st ...-...-..........,-. ~9 ...?~ :.. TO HAVE AND TO HOLD to the said party of the secon.! part from the., . July (77. 1st ~uly day of......... ........................., 1!J.. ........... to the.. ........................... ..... ..day of.................. .. And the said party of the second part. in c(,nsideration of the leasing of the premJ;3€s as above set forth. coyenants and agrees with the party of the first p~t to pay': the said party of the first part as i I Three hundred nlnety flve dollars 'I' rent for the same ....:.:POI"~1\I-t~ ' payable as follows, to wit: Payable on the 1st of each month .. .: ! I; I' i' .~ . The said party of the second part further covenants with the said party of the first part, that i' I at the expiration of the time Inention~<i in thi!!l~~se, peaceable possession of said premises shall be I! given to the said party of the first part, in as cood conditiop. as they now are, the usual wear, inevit- :! " . . j ~ I able accidents, and loss by fire excepted; and that upon the non-payment of the whole or any portion I: ,. of said rent at the time whell the ~e is~l".>gye promised to be paid. the said party of the first part I may, at....................election, either distrain for said rent due. or declare this Lease at an end, and re- cover possession as if the aame was b,eld by forcible deu\.iner; the said party of the second part here- I: by waiving any. notice of such election, or any demand for the possession of said premises: IT IS FURTHER COVENAN1$D. ANPAgB~~D, Between the parties aforesaid If l~ase is broken, the damage and cleaning deposit is not ref- undable. M , The covenants herein shaIlextelld to ~1l9- 'l>('!pil1.dillg upon the heirs, executors and administra- ". tors of the parties to. this Lease. Wimess the hand, ~dseol'~J.!~:=~ti~~n~mmnnnmnm(SEAL) ........m........Cld-n~m....... ...(SEAL) ... ....... -- .....~................. ............. ~... ......................-.. ............... -- --.... ............ .-. -- --_.............-.... -......... ~ ., . . .... .... . ,.. (SEAL) .',. ". "'...'"'---,....,.".-......,,..-...."".......,..' . -=:::::-"="::R 1t I' " I (. I i I. I I I i ,/ . FEE SCHEDULE (Subdivi s ion. Exemption from Subdivision. Rezoning. Name of Project: rNlHAAJ 4~AtIt""-A1fLAJ7 ~ Address: ,,,.....,,. . ..,-,>-,' Applicant's Name: Applicant's Address:. &6A/~ L#MJ'-,- ~ ~IJ"'I(' Z&~~ , . . phone : ,4 ~"cAJ \ FOR ZONES WHICH ARE R-15, R-30, R-40,~R andCONSE~VArIONthe Subdivision Fee Fo~ula is as follows: Conceptual $100 + $5.00/dwelling unit .,. Prel iminary $22.00/dwelling unit Final $3.00/dwelling unit FOR ALL OTHER ZONES the Subdivi"sion Fee Formula is as follows: Conceptual $100 + $60~00/acre of land Preliminary $280.00/acre of land Final ~~PTION FROM THEDEFINrTrON OF SOBDIVISIONtEE:. REZONING APPLICATION FEE: $125.00 (once a year) .. Curr('nt Ilklrh't v.Jluc of a pc-rccnt.:lge of the land propo:':eJ <lG the develo['r.lcnt site, the percentilge of the l.:!nd beine; tlctcrrnincd at the rate of two and .o~e-hi11r (2;1) .:lcreG for every one thouliund (1,000) residentG of the propo:::ed development. (thilt is, the nu:::bcr of residents IIlUltiplied by h'cnty'-five tell thousilndths (.0025) of.anacre per resident). The number of residents <lttributahle to. the development shall be calculated in the following manner: PARK DEDICATION FEE SCHEDOLE: m:cor.n or rn;JC([!:J:N"S ~ .....-==:;~-:.:~~_~'=:.~.;.i"=":..'=:..~--==-..'::;.~:...:-=~~--=.;.;.;:.::..:.:.:~......~~. ..:~.;;:.=--~~:".. .-:~t ,. . . ~ypc of Dwelling Nu~b~r of Residents PC'r Dwcllir-:q L~;:.l.t HuH! -Family studio one bedroom two b~d=com three.bcdroorn .. .. . . 4.0 and 1.3 f6r~ach additio:'lal bedroom ,/ Single Family or Duplex one bc<.lroo::l two bedr::::::\ three b':-=~'':>O::l and 1.3 for c~ch additional 1.3 2.7 4.0 bedroom A dupl('x str\:c'::n::e shilllconsti~ute -::"'0 dwelling unit~ ior< t.::.:; pu:.-?c..);.~!.i c: t.:-.":"$ $uose..:-:.ion. -" .-'" (~) ;\.."\ c)(.J:::plc of the' i\?plic.:ltlon of the above form!)l.! i:; ~f. of Olle. $inn lL' bcJroo:,;,; orl .t with II l:;aril.<'t squar<' footl; (h) Un I rJP""\''', I 1.1I11! O'hctll l... '1!,!,.,11';",,1 at .th<'. ("1l1~r~~'r~t .r.,,' ~<,l. Y,!!H_~ ot t.lH~ :,l:~' ";lh.:JU.:";':l.: J.,t~~ "'d,lth.."" att.t)t.t::~,!..~v- t,..' eOI,!-, qU,t~'.',l'~~, !.t!~ "t( ~;.~!.,\'~.dk "n,l ufi1lt';,", .:.! In',t...d!l.:d {':' t~l" {~..',t,.. n:,' ;\t"fX;t' jf--~'"l"H>t;-('; l:~"!,''\'t ,{ Lll'~,!_', '.tl.d,} .j.t" i..q':-: ,IL :'-'i .;<,'ur~~i'fif"" tv ltwit' h-l\.1tH' l ...It:d l.\-"..t. H:..' {...'k\a,,( )'llt.~i'(~llll~,:~.i(_t"-.l- tioll t',,-i~ tt:bl ',~r'lI,':t11-t"_: \,;Jq'~l\,': ['I" nt'l. tll1'r .11~~ eunfOlnlJtl'I'. ,~:.ll L,'( \':'-\)1.1-' tll.1'." /1\' !~\.l.l',:,ldnt.,:,,~,,'d l,y It d'l('uf;h'ntt~~r Jill: ,:,,'lh_J~.t- llt',lt'l' (i t ~ttl oi.Hni";., h'llqth tl.U'.:..", t \,-,i, UIlt l.,f;,'l{t-' t!,,'ll: (~"\ )~' 11':. {,t\~l. I)f l.y ..~ny (Subdivision. FEE. SCHEDULE Exemption from Subdivision. Rezoning. 'CINJ~ ~tV~:b I' . Name of Project: Address: Appl,' can t's ..Name.. .L"'!. '.. . -' ./ ~ . -: '-. . ..... . . ~ ~ .~hone: Applicant's~~,9r~~~:., ~ )(253 ~,tfr;~;J .I .,-",".;"." :l;,' '~. }{< ,; ",,' ~A- .'" .". "',-'.,. FOR ZONES WHICH ARE R-15, R-30, R-40; RRandCONsERVAT10Nthe5ubdivlsion Formula is as follows: Conceptual $100 + $5.00/dwelling unit + Preliminary $22.00/dwelling unit Final $3.00/dwelling uni t FOR ALL OTHER ZONES the Subdivision Fee Formula is as follows: Conceptual $100 + $60.00/acre of land Preliminary $280.00/acre of land l1ulti-Farnily studio 1.0 one bedroom 1.3 two b~d~com 2.7 three bed rOOl!! . 4. 0 and 1.3 for each additio:tdbedroClm ./ Number of RcsicRnts Per Dwelli~g V;~~t Final ~4PTION FROM THEDEFINITIONOFSUSDIVI5ION FEE: . REZONING APPLICATION FEE: $125.00 m:corw OF rn;)t:CCOlNl.S :..:=..-=:....:.:..._.~-=.~.:'_.~...................'-"-_...:~==i-....:_'~-=:.~.:.2.:::.:.-~'~'~4;;,"L:~~'..:.:..~~';<-'; .~" currC'nt IlkITh.t v.11uc of il p.:-rccnt.:lgc of the land propo:;cd a5 the develo{'r.\cntsitc, the perccntilge of the l..:md being uetermincd at the rate of. b.-o and one-hill! (2'1) ucre:; for every one ~housund (1,000) resident5 of the propoced c1evclopmcnt. (thilt is, thenumllcr of residents lIlultiplied by tw<.:!nty-five ten thous<lnuths (.0025) of an acre per resident). The number of residents i1ttributable to the development shall be ealculilted in the following manner: .' .' 1YPe ofOwellinq Single Family or Duplex one bcdroo::l two beerc:::! three b.-.;:'oC'::! and 1.3 ::or c~ch additional A dupl~x str~c~ure. sh~ll constitute =~odwclling unit:. ;or t~c FU~pO~~5 c~ th~$ subs~ction. .~ ~.,'" (3) An cX..l::":;:lc of the .:'1?plicutio:1 !=>f t~e ~hovc , fornu::lJ.l fz ;:'$ follo\.J~~, ;J,~';~',U:::l%H:t tht' CC;l~~lru'~t.ion of ora< slnnlc f~~:.~ily rt"~d".~'\."ni..""L",,~en~~1~~1~~lSl t\~.Ct b(',ho()~".; ("; ;j .1.:ot"cont.li:L:'" IS,COO f.""olrC ~<'L.t \lith ., r,l;lf,",.t \'.lluc of $t>S.OOU.OQ (or '$~.JJ {',-'r squarL' fool.): 2.7 (2 h,'<lu),>m. 2.7 r,'::i(knts) x 0.00::'5 .Icrcs .It 4J,S60 (';'ll1.,rc f"f't I'cr "cl',~1 x $~.Jl(r.l.1r- Let \',lJUt' ut J~Ul~-t l,'t'l' ~.\'itl,\!'t" t('h.,t.} ,01.. ~~1,:lJ..1S (1)) Un ir','!"('o\'p,l Llll'! !:h:111 lot' .1;'1"',1 i..,...d lit th,.. C"'\nn.'!~t. f~:.' ~.,_.( V.tlu..' O! tJlt~ ~,-,'tl' jll-Lj\1~!..J.n'1 i'(~"'; ,v...tl\.lC ~t'lT"'lbt:~.d'>' {l' L"Ul!lf qttt~_~.t.~,.", t,l"l't, :o".,,,il'{..<dk l1t'\ll \!l i llt ~t'; .:-! .t:l",t~'lll'd _4'~' .t.-I\(. ,~<o";t_,.,~:,._'.,o:' P"];"ll\ t .l:".\~.\:l,'"i'. :-:':."Vt',! ~,u:,l', :.~l.l1! l.{" '-.l~';-;~.\~' ,.,r IH". \_\'!;:~r.t'. to' thl.' "'l l~ :\\ t' .ll-:d t.\':..L 'll:_,~' t .d...l':l.j iJlb'-, L';.\!\':~_~-;.h-t::.\- t_i.Clf\ P-"l'! t !:~'1 ."tl'1h'~\l~t", \"!),':~I!': ('P ,ni'l tht.')' ,it..' Ct)n--tocnn.ll;f~ "'~.lll.l t \,:.-dUI' m.IY tn' ~:l:b:;t.,n.1t idt1"d by 'a d("H;~"ullh'nl1.'ll P'1t ch.1'.,' I't It"l' (1'1 ....111 .ttmf~; :h'llqt.h . _ll:~,l,,-i:_~d~ [,i,','I} ,1,III.f_ ,!I'_',tt' ~_II.\l\ !\.1"-"I',ll_~~, _I~l_',.l) ,nl ,..t,'~' ,.In,y'