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HomeMy WebLinkAboutcoa.lu.an.Aspen Mountain Park.1981 // .".~., '___.....e ~\ ^ PETITION FOR ANNEXATION OF TERRITORY TO THE CITY OF ASPEN The undersigned Petitioners, being the land owners within the exterior boundary of the te.rritory hereinafter described, respectfully request the City Council of the City of Aspen to approve the annexation of the proposed area to be annexed in accordance with the provisions of C.R.S. 1973, 31-12-101, et seq., and in support thereof allege as follows: 1. It is necessary and desirable that the territory described in Exhibit "A" attached hereto be annexed to the City of Aspen; 2. The requirements of C.R.S. 1973, 31-12-104 and 31-12-105 exist or have been met; 3. The Petitioners are the owners of the entirety of the property sought to be annexed and, therefore, the owners of more than fifty percent (50%) of the territory sought to be annexed. LAND DESCRIPTION: The legal description of the land owned by petitioners for which annexation is sought is attached hereto as Exhibit "A". The legal descriptions of the land owned by the respective Petitioners and within that sought to be annexed are attached hereto as Exhibit "B". ATTACHMENTS: Accompanying and incorporated in this petition by reference are the following: a. Circulator's Affidavit; . . ~\ ."-,,, b. Four prints of an Annexation Map containing the information required by C.R.S. 1973, 31-12-107; and c. Request for zoning. DATED: rtbL-VC1.() {~ {q'iil ASPEN MOUNTAIN PARK, a Colorado general partnership DATED: ffft. r~:2~ ;r~ ATTEST: I\c, :} ~~ ( By A exander E. partner American Bank Building Pottsville, PA 17901 THE COUNTY OF PITKIN, STATE OF COLORADO BY: THE BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, COLORADO B~~r?~ ROBERT CHILD, Chairman 506 E. Main Street Aspen, Colorado 81611 -2- ";".~ ' A tract of. lane! beiDl part of t~ S~ of the S~ and Lot"14 of~ection 1. and the ~of the NE\. and Lot 14 ( 'Section 12 lind part of tract .. of the Brown Placer D.S.M.S. No. 15047 and the Nellie Hc No.2 D.S.M.S. No. 15047 together vitb a part of Lot 23. Block I, Pitkin Green Subdivis:l.on, all in Township 10 S., Range as v. of the 6th P.M. Said tract is more fully described as follows: lies inning at a point on the northeasterly right of way line of the Denver and Ilia Grande Railroad from whence Corner 20 of the Brown Placer (which is a brass cap in place) bears B. 21.54'F. 451.92 feet; thence B. 14.52' E. 1.31 feet; thence H. 33.10' E. 194.79 feet; thence'B. 50.00' W. 131.64 feet; tbence B. 58.00' W. 165.01 feet; tbence B. 39.04' W. 144.45 feet; tbence B. 43.12' W. 209.77 feet; tbence 5. 35.52' W. 159.49 feet to the southeast corner of Lot 23, Block 2. Pitkin Green Subdivision; thence 5. 88.50' W. 162.41 feet along the soutb line of said Lot 23 to the north line of . roael; thence 5. 61.14' W. 136.66 feet alons said north line of a road to the southeasterly line of Lot 10, Block I, Pitkin Green Subdivision; thence S. 36.09' W. 40:89 feet to the most southerly corner of said Lot 10. tbence northwesterly alons the southwesterly lines of Lots 10,9.7,6.5 and 4, Block I, Pitkin Green Subdivision (said line being 10 feet from and parallel to the northeasterly risht of way of the Denver and Rio Grande Railroad) to the most westerly corner of Lot 4, Block I, Pitkin Green Subdivision; thence S. 45.11' W. 213.52 feet to the center line of the Roaring Fork River. thence S. 65.34' E. 112.59 feet alons the center line of tbe Roarins Fork River; thence S. 49025' E. 196.84 feet alons tbe center line of the Roar ins Fork River; thence S. 0.56' W. 395.28 feet along the center line of the Roaring Fork River; thence S. 36022' E. 145.57 feet along .tbe center line of the Roaring Fork River; thence S. 73.34' E. 276.21 feet along tbe center line of the Roaring Fork River; thence S. 75008' E. 293.46 feet along tbe center line of the Roaring Fork River. thence S. 14.06' E. 276.36 feet along the center line of the Roaring Fork River. thence S. 19005' W. 130.98 feet along the center line of the Roaring Fork River; thence Southerly and Southeasterly along the centerline of said river to the intersection with the West line of Second Aspen Company Subdivision; thence N 00026'55" W. to the Northwest corner of said subdivision. thence alons the Northerly boundary of said subdivision S. 84.18'00" E. 180.76 feet and N. 82.17'00" E. 242.94 feet to tbe intersection with the boundary of land described in Book 213 at page 163; thence along said boundary N. 65.51'00" E. 2.3.76 feet and N. 81012'00" E. 113.20 feet; thence N. 40029' E. 59.20 feet. thence S. 89004' E. 199.98 feet more or less to the west line of Lot I, Block 1. Green Acre. Subdivision; thence North 150 feet more or less to tbe northeasterly right of way line of . ~.--- the Denver and Rio Crande Railroad; thence northwesterly along the northeasterly right of way line of the Denver and Rio Grande Railroad to the point of beginning. EXCEPTINC TIlEREFROH: That portion lying within the right of way of the Denver and Rio Crande Railroado AND ALSO EXCEPTINC THEREFROM: . Any portion lying within the City of Aspen. k~D ALSO EXCEPTING THEREFROM: Any p~rtion lying witbin property described in deed recorded Ju~e ~4. 1960 in Book 191 at page 43. (PROPERTY EXHIBIT "B". TO ~~TITION FOR ANNEXATION . OF.. PETITIONER .A~!'EN . MOUNTAIN PARK) " ~" ~ . ~'=' ..r";.~. . :1:, .~',,> ~ -., . ~ " .I ,I '., . , \'.. ~ ' (I i :/ I . I I I i , I , , ! . ,., (~ , "4 ,~ ~) "-,,, ( ':'Aii":;f.W,;5oS;jo;t.-',:~ :1#:t.' of va)" of '!'he _... !ID4.a40 _~ ...~.ltai1zoe4 CCooI>aDl'1>elDg 50 f_t '..14. 06 _ .14. of C. c...t:elOll.Jl. of ...14 1la11r0a4 ':~~"'~.~ ka.i~ ..l.Jluael<. ... .a14 trael<.... .., tOo:aerll COD.-'" """ operated 0'''''' _ acro" ~ 11_1.... ~1.; U, JIBIt;mI,. of lIectlcoa 28, SWII of SecUOIl '>i5, -.hip.ll Soottll, ....,. is iie.t, Sixtll 1'1"1nclpal " ..."i4iil1l'. ' """ ..... ...4 ..",.,.. the JIllt of Sectlcoa 2. . 'wIs "",,' SWl&SI\ of S""'tlcoa 1. BElt of SecU.... 12 """ , ~tli.. svI&n\ of Slll'tlcoa 7 an<! that part of tile ....~ :. . cf :>G<:tl.oa 7 11'1l>9 "es~""ll' of the eastelOll' bank of . the aoul.Jl, P04 .tv_. _.hlp 10 South, ael19. 8S . w..,,- 1Il.xth 1'r1nc$.pal Ked4i"", alee all of the .' 200-foot v14. ..l'l1~ of vaor of .ai4 Itallrca4 COJa1>aD1' belDg 100 f..t vi4. OIl Mob ai4. of the c_t.dl.Jl. :'of ....14 malD'\?,ack. a. ..14 track wa6 formerly COD- , , et:ruct.e4 alu! o),rat44, over and aero.. Seetloa 21. the BIt of Soctlcoa 34~ !rown.blp , South, aan,. 8S , ...1:. Sixth PrlneipalMeri4ian. and over portion. ~ o,f S4c~10ll. 2. lfownahlp 10 Soath. Ra.ni_ 85 W.at. ~ Sl.xth PC1nc1p!l1l_14iq. all vithia PitU.. County. '~Stat:e'of o.1oj'a4o. tle,.~_~.*~_ .::. _'".IoUIAt'"'''''1I...h..,....4._t..creH. NOTE: Of the above-described property only that portion that lies within the perimeter boundaries of the property sought to be annexed by the Petition to which this Exhibit is attached is intended to be annexed, all as is more clearly shown on the Annexation map that accompanies the Petition to Annex, to which reference herein is made. " EXHIBIT "B" TO PETITION FOR ANNEXATION (PROPERTY OF PETITIONER, THE COUNTY OF PITKIN) ~ < ..-" .. t'""\ "-,,, AFFIDAVIT OF CIRCULATORS STATE OF COLORADO ) ) ss. COUNTY OF PITKIN ) The undersigned, being duly sworn, depose and state as follows: 1. They are over 21 years of age; 2. They are circulators of the foregoing Petition; 3. Each signature thereon ~s the signature of the person whose name it pu ports ~p~~ /SANDRA~. ULLER STATE OF COLORADO } ) COUNTY OF PITKIN ) ss. Subscribed t:L and sworn to before me this ;?1-- day of , 1981, by SANDRA M. STULLER. t.. ..-. - -' --,.,--,,-- my hand and official seal. My commission expires:3-~-f~ - ~-- STATE OF COLORADO ) ) ss. COUNTY OF PITKIN ) Subscribed and sworn to before me this~Ji~ day of , 1981, by ROBERT W. HUGHES. ITNESS my hand and official seal. My commission expires :$-("-fj ic .:.->-/ -' r- r"". REQUEST FOR ZONING WHEREAS, Aspen Mountain Park and the County of Pitkin, State of Colorado, in the Petition to which this request is attached, have requested the City Council of the City of Aspen to annex the land described in the Petition for Annexation to the City of Aspen; and WHEREAS, the land which is contiguous to that property described in the Petition is zoned R-15 and C-Conservation. NOW, THEREFORE, Aspen Mountain Park and the County of Pitkin request that the City Council of the City of Aspen direct the Planning and Zoning Commission of the City of Aspen, at the earliest possible convenience of the Planning and Zoning Commission, to commence proceedings to rezone the subject property a Specially Planned Area, the granting of such zoning claffifica- tion being a condition of annexation. DATED: .GiJ, lAM'(:j l C[., 1981 ASPEN MOUNTAIN PARK, a Colorado gener..al partne~ ~~I r By .. ' Alexander E. Lipki , a general partner DATED: AJ;:l$J , 1981 THE COUNTY OF PITKIN, STATE OF COLORADO BY: THE BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, COLORADO B~1!;[!~~ ."". f~ APPLICATION FOR DISCONNECTION OF TERRITORY FROM THE CITY OF ASPEN The undersigned applicant, being the landowner within the exterior boundary of the territory described in Exhibit "A" attached hereto and incorporated by reference herein, which territory lies within and adjacent to the boundary of the City of Aspen, pursuant and subject to Sections 31-12-501 et seq C.R.S. 1973, hereby respectfully applies to the City Council of the City of Aspen for the enacement of an ordinance disconnect- ing the property above-described from the City of Aspen. DATED: relorUfA(j {~(9~-; ASPEN MOUNTAIN PARK, a Colorado general partnership By JIp~~ Alexander E. Lipkin, general' partner '''v ......_. . T- 11 . . . .1 :. . i I . I II I ~\\e-Co~ ....""1 L. .-... 4~./'~ ~v\' - I . s;J ~ h' :H1S SETTLEMENT ^GREEMENT . V~ SETTLEMENT ^GREEMENT made this~ day of " 1980, by and among the ^spen Mountain Park , , , I, Partnership, a Colorado General Partner.ship( ".AMP"), the City of ~pen ("City") and the Smuggler Trailer Park Homeowners I . . I ^ssociation ("Association"). . WHEREAS, AMP is the owner of the Aspen Mountain park (lithe Park") formerly the Smuggler Trailer Park, a mcbile home park consisting of approximately 87 mobile home sites, situate within the City of ^spen upon the real property more particularly described in Exl~'ibit "A" hereto (hereinafter sometimes the "real , . i ! property")~ and, WHEREAS, the ^ssociati~n'is' an association of the . residents, or owners, or both of thePark~' and,' . i ~7 I . [' - !"'t'-';l . WHEREAS, although not restricted in terms of rental and ; , . ; resale price controls by deed, covenant, legislation, or otherwise, ,. the Park historically has supplied a significant portion of the employee housing inventory of the City~ 'and, , WHEREAS, AMP purchased the Park for investment purposes with a view toward developing the entire real property into a first class mobile home rental park~ and, WHEREAS, on October 9, '1979, AMP issued to tenants a I notice within of a substantial rent increase for mobile home spaces < the Park~ and, WHEREAS, in response to such rental increase, the City . . threatened and began the preliminary institution of eminent I, domain proceedings~ and, I WHEREAS, in active negotiations, the City and AMP have pursued the resolution of on-going disputes concerning the Park in relation to (a) the monthly rents charged by .AMP per mobile home space, (b) the installation of capital improvements I i I ~ . I in the Park I housing' for and (c) the preservation of the Park as a source of local employees by means of condemnation, rent control legislation, or the like~ and, '. . . . . . . H .. .. .. . II . . { ,,-,. ~( WHEREAS, AMP and the City finally entered into the Agreement in Principle attached hereto as Exhibit "B" with a I view toward resolving the disputes above-described pursuant to which, inter ~, the City was to purchase the Park from AMP resale to the owners of the mobile homes; and, WHEREAS, neith~r the City nor the owners of mobile homes within the Park were able to consummate the purchase of the I Park pursuant to the Agreement in Principle due to financial for 11 I . limitations; and, WHEREAS, due to a combination of the constant threat of " condemnation, : rl~sident unrest caused by potential displacement, '. . and inadequacy of rents due to controls directly imposed by the City, AMP has agreed to divert from its original intent to develop tne, entire real property as a first class mobile home I rental park and has decided instead to liquidate its investment I in the entire real property; and, .' WHEREAS, in an effort to arrive at a mutually satisfactory settlement of the disputes above-described, AMP I . I has expended considerable sums for legal,surveying, architectural,~ I and project consultation fees at the behest of the City once it became evident that neither the City nor the Association financially were capable of consummating the Agreement in Principle above-described; and, I" . WHEREAS, the City and AMP have agreed that the real I property may best be liquidated and employee h~usingunits preserve~ . I by providing for different arrangements in connection with different: portions of the real property; and, WHEREAS, in order to remove the cloud of threatened condemnati~n to protect the City from the possible loss of a' significant source of housing for local employees, and to protect the investments of Association members in their mobile homes from escalating rents beyond their control, the parties are mutually desirous of settling the dispute above-described j i . -2- . . ." . ~I r< '; , iin the manner hereinbelow set forth, without resort, or further , as reasonably may be practical, undertake to relocate below grade within the Park in order to accomodate any relocation of existing mobile homes and turning radii sufficient for emergency and support vehicles. I 2. SALE OF MOBILE HOME SPACES. The present owners of 1 mobile homes within the Park shall have the right, collectivelyor' .1 following the sale or exchan~e. o~ the Park as hereinafter provided,!. it~ purchase the.mobile home space~ for a purchase price equivalent I I ~to $25,000.00 per space. This offer shall remain open for a period of time coterminous with the time required for all parties to employ their best efforts to complete financing arrangements in no event later them 'odb.t..... -1-, 198+. I I for the purchase, but !AMP and the City will employ their best efforts to arrange I . I financing for all owners who elect to purchase' their spaces and ! : the Association agrees fully to cooperate with AMP and the City in this regard in terms of compiling such information as . prospective lenders may require, and the like. AMP will, if necessary, provide carryback financing for up to 25\ of the owners jWhO elect to purchase their space but who are ~nable to qualify . ..... . -3- . . .... y- q .~ for conventional outside financing. The $25,000.00 purchase price above-provided shall, at the election of the members of the Association involved in the purchase, be deemed a mean per space . price; provided, however, that the Association members shall be required among themselves to apportion the purchase price as shall yield, upon closing, a sum equal to $25,000.00 times the number of spaces involved in the transaction. In the event that the actual cost of improvements describ'ed in paragraph one (1) hereinabove is less than the produc.t of $ 2,500.00 times the number of spaces involved in the sale transaction, t~e .difference sha~l by AMP be set aside for the benefit of the Association for such further -, improvements to Uhe Park as the Association deems necessary or advisable. . . - -, . _ 3. STRUCTURE OF SALE. Closing of the purchase and sale of the mobile home spaces shall be conditioned upon receipt of the governmental approvals necessary for the developments hereinafter provided. and will occur at a mutually agreed upon: date as soon / the right to sell to or exchange with a third party the entire real property or any portion thereof. Such third party shall be entitled to all the rights granted hereunder and shall be bound by all terms of this Agreement. Upon the closing of any such sale or exchange, such third partr sh~ll in w~iting assume any and all obligations hereunder. Notwithstanding such sale or exchange, AMP shall be entitled to reserve unto itself the rights to develop. as set forth in paragraphs 5 and 7 hereinbelow. .. 4.' RENTAL AND RESALE PRICE CONTROLS. From and after th ." ,'.. ..' closing above-provided, all spaces within.the Park, including the mobile homes thereupon situate; shall be appropriately restricted in terms of rental and resale price controls in the manner presently generally applied throughout the City and in which the City at the time determines to be in the community's better' I . , ..~1I- /.../. .... /~ ' . Q ^ . . controlled character of this housing. 5. EXPANSION OF PARK. The Park will be expanded. in size principally in the rear acreage to accomodate 26 additional mobile homes. Expansion and the relocation of any existing mobile homes in connection therewith will be done at the expense of 'AMP ~ in the manner least: in the circumstances intrusive upon existing mobile homes and in accordance with a plan prepared pursuant .to Specially Planned Area criteria of the City Code. These mobile homes and the spaces they . , occupy within the Park will be offered I. a purchase price not to exceed $70,000.00, for sale, unfurnished, at and appropriately restricted in the manner set forth in paragraph 4, hereinabove. 6. RELOCATION OF EXISTING SINGLE FAMILY HOME. The existing victorian style single-story frame house presently situate in the front portion of the Park snall be relocated and either res\wdivided elsewhere within the real ,property or, at_A}~'s discretion, relocated outside the Park. . 7. FREE MARKET DEVELOPMENT. AMP shall by the City be given the right to develop 19 free market units on property, as yet undetermined, either within the City or, if outside, capable of being annexed. This development right sh~ll be transferable and assignable. Development shall proceed in accordance with .'. '.. existing zoning affecting the property or, in the case of annexed ._- . . -5- . . 1/' o /"", { ,-, property, with Specially Planneq Area criteria. The City agrees (a) tQ enact such enabling legislation or amendments to existing legislation, including to its Growth Management quota system legislation, as would accommodate and permit the foregoing development right in exchange for the conversion. to employee . . housing of the Park and the addition of 26 new employee housing units, all as set fO.rth above; and (b) on the application of AMP, to annex any property that may hereafter be acquired by AMP for the purposes of the free market development above-described, provided that such property otherwise is eligible for annexation . . as eligibility is determined under Section 31-12-104, C.R.S., 1973 8. RE...~AINED PARCEL. AMP shall retain ownership of the -j quadrilateral shaped piece of property consisting of.~ ~ acres and situate at the northeasternrnost section of the property described in Exhibit "A" hereto. . 9. FURTHER DOCUMENTS, COOPERATION, GOVERNMENTAL APPROVALS, DISCLOSURE. The parties agree fully to cooperate with each other to the end that the terms, ~onditions and provisions hereof sha~l be fully implemented and effectual and to execute such further docurnetns consistent herewith as may, in the circumstances, be necessary. Th~ parties recognize. that in order to effectuate this Settlement Agreement further public proceedings and applications may be necessary. AMP agrees to process any such further applications as may reasonably be necessary and the Association agrees to support such applications that ar~ consistent with this Settlement Agreement. Th~ City, including its staff .. and elected officials, agrees, to the'maximum extent permissible, consistent. with statutory and other legal Obligations, to take such steps and grant such approvals as are consistent herewith and as may be necessary. The parties agree that this Settlement Agreement and any other understanding shall be fully and publicly disclosed. .' " . ..' . '... \ . .. ~. .; , -6- . "j .1; Cr,..- ("", ~. i I agree and acknowledge that.no action at law for damages shall be I I I II 10. . COVENANT AGAINST SUIT FOR DAMAGES. The parties maintainable against the City in the event it determinesreasonabl and in good faith that enabling legislation to effectuate this Agreement may not be passed, provided, however, that the City ~cknowledges, agrees and. intends that, in ~eliance upon this Agreement, AMP (a) shall immediately undertake to perform its . .obligations hereunder, including installation of park improvements arrangements .for financial assistance in connection with the sale of .the Park, and sale of the Park all as above provided and (b) may enter into Linding contracts for the purchase of property for .j . purposes of free market unit development, all to the end that principles of vested rights. and equitable estoppel, as contrasted ~!~mmonetary damages, shall apply to protect such reliance activities of AMP notwithstanding~tl1e_inability of tIle City to . pass such enabling legislation; and, provided further that in ".-~. ." !! .the event this Agreement shall be.come the subject of litigation .- 'Ii, _commenced by other than the parties hereto AMP shall defend, :ij . II j.ndemnify and hold the City harmles~ from and against any and II' all costs associated with such litigation. 'I Ii I I I I Ilf . I' .!I " -6a- . .\ ,. .~ ,..' .,.. 'I. .. .', . Q t.,i ,. . IN WITNESS WHEREOF the parties have executed this instrument the day and year first above written. ATTEST: CITY OF ASPEN 'k. '-4~ Ci~y Cle~ if; -:Lt. I .' .... . /~ J BY~ ~ nW! '~Ie.r'''~R.,EcJ.Jl.,., Ha~o. IYlnT lI.rn/CJ1.'t,; J:jel.rep.-( / . r ATTEST: ~ ASPEN MOUNTAIN PARK PARTNERSHIP 3 .~~~r~'~ SMUGGLER TRAILER PARK HOMEWONERS I . ASSOCIATION I: ~ , . " . By ~~~~ ....~/' -/ ':~'~'" ~"~".._,.;:.-. ."... '~" ~.~. ,.,': . ';.. -"",':- .. .:.&'. .~. ",'" 'c;...~'::-3~i.". .-:- t:;&".t-..._.. : p'.." .~: ~ . ~ . :,,:,-.:=,' '.. .. .,.,{'~ ~:;!'''''~~:';:;'~.! :;". ""'I#"~""' .,,..'" ~r> -'>" . ",>;:".' ~:;;~~~~.:::,,', ,;~.i'}. ~~'A.:~-!~. ~ .,.!Jf{"~~ ., ,..~~ - . '~'j~}/?;?' ,...... .:.........- - .,-'~~,~~.. ',~~{;';'~:"'.".. -;:~"'" ~ ...~..~..., . .:,'~~:~K ..~:~~~:;i.. ". ..:_~~~,:..~.:.. ..~"-,'<~:~....... ,,:.t-. ~. .. . . . -7- .r -" . - c' ;-.. .~ AGREEMENT THIS AGREEMENT made as of the 7 -{ L Or Jlbr r , day of 1980, by and between ASPEN MOUNTAIN PARK, a Colorado general partnership ("AMP") and THE COUNTY OF PITKIN, STATE OF COLORADO ("County" ) !,!!TNESS~TH WHEREAS, AMP is the owner of certain real property more particularly described in Exhibit "A" hereto through which runs a strip of real property formerly known as the Aspen Branch right-of-way of The Denver and Rio Grande Western Railroad Company (hereinafter sometimes referred to as the "Right of Way") more particularly described in Exhibit "B" hereto1 and WHEREAS, the County has an interest in the Right of Way by virtue of those certain instruments of purported conveyance recorded in Book 312 at Page 560 et seq. in Book 310 at Page 340 and in Book 243 at Page 217 of the Pitkin County records, copies of which are attached hereto marked collectively Exhibit "C"1 and WHEREAS, the County and AMP are, subject to the terms and conditions hereinbelow contained, mutually desirous of con- trolling the development of the .Exhibit "A" property to the end that development is restricted to those areas of the property lying to the north of the Right of Way, as the same shall be relocated to the area described on Exhibit "D" hereto, and all areas to the south of the relocated Right of Way shall thereupon be and remain park and open space. . NOW THEREFORE, in consideration of the premises and the making and keeping of the mutual covenants and obligations here- inafter contained, the parties agree as follows: 1. MUTUAL CONVEYANCES. As soon hereafter'as in the circumstances may be practical, AMP and the County shall each cross convey by Bargain and Sale Deed, unto each other such of ., ~ . , , t.. c ^ !""'"\ their respective inter~sts in the Exhibit "A" and "B" properties as may be required to effect the relocation of the Right .of Way to the location described in Exhibit "0". hereto. There shall at all times thereafter be afforded to the general public access over the relocated Right of Way for purposes of ingress to and egress from the park and open spaces hereinbelow described. 2. DEVELOPMENT ACTIVITY. AMP agrees that development activity on the Exhibit "A" property, modified as above provided, shall be restricted and subject to the following: a. Development shall not exceed twelve units, some or all of which may be clustered at various locations on that portion of the Exhibit "A" property available for development, as below provided. b. Development shall be restricted to that portion of the Exhibit "A" property lying to the north of the' relocated Right of Way, such that the portion of the Exhibit "A" property lying to the south of the relocated Right of Way shall be and remain park and open space, all of which shall be confirmed by recorded deed restriction, eaSement or the like, as the County shall deem appropriate. c. Development shall be done in a manner not inconsistent with the use at anytime hereafter of the relocated Right of way for railroad purposes. d. Development shall proceed in the manner least I in the circumstances intrusive upon the recreational uses to which the Right of way, relocated as above provided, has been and is put and AMP shall, as promptly as in the circumstances may be practical, restore and realign any trails or other systems, including sewer systems and appurtenant easements, that might be disturbed in connection with the development and, at its own cost, relocate any portion of such trails or other systems that may in the circumstances be required, and grant such easements therefor -2- . c.' ^ ~ as may be necessary. e. Development shall be set back from the re- located Right of Way by no less than fifteen (15) feet. 3. COOPERATION. The County agrees to cooperate, including if necessary by joinirig therein, in such proceedings as may be necessary in order to cause the annexation of the . Exhibit "A" property by the City of Aspen, for the purposes and as is more clearly set forth in a Settlement Agreement by and among AMP, the City of Aspen and the Smuggler Trailer Park Homeowners' Association. The parties agree to execute such other and further documents hereafter as may reasonably be necessary in order more fully to effectuate the provisions of this Agreement. 4. CLOSING. The closing of this. Agreement and the delivery of the instruments of conveyance described in Paragraph 1 hereinabove shall be conditioned upon and shall occur upon and in conjunction with the adoption by the City' of Aspen of a Specially Planned Area plan for the development of the Exhibit "A" property. -3- - .~. ... " " Q ,h, IN WITNESS W~EREOF the parties have executed this AGREEMENT the day and year first above written. ATTEST: ~ ASPEN MOUNTAIN PARK PARTNERSHIP, a Colorado general partnership ~?;;l o .( By ~_'1. .. A e"ander E. Lipkin, A General 'Partner --. PITKIN COUNTY by the Board of County Commissioners of Pitkin County By . The foregoing terms, conditions and provisions are approved and accepted this day of , 1981. Attest: THE DENVER AND RIO GRANDE WESTERN RAILROAD COMPANY By -4- - , ~ '" ~ ~ A PARCEL OF LAND SITUATED IN THE SOUTH 1/2 OF SECTION 7 , TOWNSH IPl. 0 SOUTH, RANGE 84 I^iEST OF THE 6TH P. M., PITKIN COUNTY, COLORADO, BEING MORE FULLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT I^iHENCE CORNER NO. 5 OF TRACT A, ASPEN TOh~SITE ADDITION BEARS S 52047'48" W 35.00 FEET; THENCE N 45026'09" W 213.77 FEET; THENCE S 81023'42" E 125.00 FEET; THENCE S 89025'42" E 98.00 FEET; THENCE S 54034'55" E 64.87 FEET; THENCE S 52047'48" W 153.36 FEET TO THE POINT OF BEGINNING, CONTAINING 0.436 ACRES, MORE OR LESS. EXHIBIT "A" TO APPLICATION FOR DISCONNECTION (ASPEN MOUNTAIN~~ARK, APPLICANT) Dated: tlh~ (~ (ficfl