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HomeMy WebLinkAboutcoa.lu.an.Calderwood.1962_�;alderwood Annexation, Section 18 W?WnphA? 10 South, Range 84W. U N t REAL ESTATE EVALUATIOIT? - CALDt'.�OGD SUS -DI tiZ SIO? The Mason & 1.1orse advertisement on the Calderwood sub -division that ap- peared in the __spen Times, Dec. 28, 1962, is an example of the exploita- tion of the Tourist Zone in the County. The tract contains 3.9 acres, 14 sites, resale price :;P88,146. The road area is about 11 of the total, approximately 20,000 square feet. Re- sale price per acre with road and utilities - ',22,600. Estimated cost of improvements ;30,000, approximately ?7,692 per acre. Developer hopes to recover costs on water, sewer, natural gas and electric to a considerable extent due to contracts with various utilities. ?lith utility contracts and annexation to the City, developer will be free and clear of all obligations and responsibility for service, operation, maintenance and improvements on road and utilities. Utilities are planned to extend through property i)r possible connection to east in developer's property that also is zoned Tourist. The County and City own land on the borders of this sub -division. The developer is pressing for these to be made public parks. Without open spaces, the sub -division is too high density and crowded to be acceptable as a sub -division. This "-immich-" forces the County and City to supply the park area that justifies the developer's cluster project. The park area is approximately ten acres which is itself a valuable piece of real estate. 1962 assessed valuation for sub -division is Z,570. If this tract is annexed, the City tax, 18 mills, gives revenue of Y100.26 per year without buildings. The City furnishes road maintenance, snow removal, fire hydrants, street li-hts, police patrol, and miscellaneous administrative services. This property was originally listed h'ebruary 14, 1962, It is represented as 50% sold within 10 months. Comments: This sub -division should be used as an example for the City in establishing sub -division standards and regulations. In addition to the use of annexa- tion policy questions, the State guide for sub -division standards and regulations, and the annexation evaluation sheets, we should have this project appraised by qualified realtors. Interesting background material for analysis of this project 7-rill be found in T.B. 40 - "i?ew .1pproaches to Residentialland Development". This Bulletin contains experience and comments on some of the problems arising from this sort of cluster develop- ment. The writer has initiated the residential sub -division of county Tourist zoned land in the Tipple ;roods sub -division project and holds an additional undeveloped tract of over 6 acres in this zone. This interest, experience and continued study lends insight to the problem of the developer's responsibility and the public interest. KNCB i, oore 1 /1 8/63 r BES- T CUPY S LG' % n T .-� •i .e , �`t � � <i �- l.e � !<i �/fir � ,,�'. ,� eel ' Ag f�s,-, ce J�_�_°_a_?�b�.� �`—�-� — 7'40 Cyr - 174 G e5 ✓ �� �' - S- -- '�. — - �_4 I r f� 7 � r r•.-..5 ra_..0 A+-', , / O Z C__ f -j _ - - _ r K;_ _', _ __ _ __ �ESi Copy S ,S3 � 2�' � //D• /G �, , �© l�i�i /h7`GLi_S'QG�oro LC-)i-Y�h /D -// o 74 �� rrCq J o' oz •E 0 �� a(, fe O h 740 �h �J /moo r v�� o YZI ww mHAT 10 "'EXPLOITATION" mwvvT,-- A. IT GOES NOT EVCN ALLOW MANY uecc wmecH v"r coumTv,- PROVIDED FOR In THE TOURIST ZONCO THEnC ARE NO REQUIRCMENTS FOR MANY OF THE FCATURCO,. 10049 SUCH AS UNDCROROUND CLEC- PUT INTO THE: CU901VIC4 1 TRIO WIRC80 CtMENT LOT MARKrns, CN0#lJECRC0 ROAD WITH A ROAD 990 ANOVE COUNTY STANOAROS AND TOPSOILZO SECDCO tMOULOCMEg A FIRE HYORANTG., AAlk' :567WEZZ, Q. THE LOT nfZCS ARC SUBOTANTIALLY ALAROCK THA14 THE MINIMUll RtnZWOREMENT3o 'ACE RESENT CALDERWOOD SVOOIVISION 8CIF1 OUBUED "EXPLOITATION" CUT RATHER FEEL. THAT IT $a AN AnOVE tVANDARD PPOPER LAND DEVELOPMENT CREATC0 TO $AT- l2rY A DEMANO—WITNEGS THE POPULARITY AMU EARLY CALCO- 2.) THE FIGURES ARE MISLCADINOo QnOVS CALES PRICE EDT. 10 Cl OOC CNOUOH VT O&C UUCC NOT OUDInACT DIAVCT OOST OF #%"PROVCL4rNT8 TO OBTAIN MET PROFIT An VOU INFEn. OTurp. TmA.*,. THL QIACCT C05TS OF ALREADY SPc"T, THERE ARE I Njincel exPenars or TNC COOPOOATION WHIC14 f-41UST BE INCLUDE3, PLUS CO3T Or 8AI.tC AND CLOGINQ CO5TS* THE COSTS WILL COME TO OV9A $12,0v'O ADOITiONAIL. Aur, LE:T14 NOT POA49T 74L VALVE Or THE LAND- COTIMATto AT 30c 4 0 - '*4 T v 1-f 4 Timg Or 0CVVI.VP8A9131e W"Ch ALL THESE VOETS ARE CONVIOC3 "mill p AVAI '70.000 imvaaTmv-jT (wITH NO rINANClur. L, NS HAVE OVER A T I ABLE' WHICH 0y5n A 3-YEAP, PCRIO'3 Y1CLD3 L,::,'Z, T14AU A ANNfJIAL RETURN TO T1!-7 COMPORATION1 CONGIDra THC Rlax In T"Is KIND OF DZVELOPMCNY OOMPARKU To lhl -3VY DOWN TWX STREET (IN Tl,!S: CITY) WHO 61oUG14T LO70 10 YCARS A,10 FOM IrCW DOLLAAtl ANO BELL$ THEM 140W# WITKOVT HAVINII 1A'/QMTC0 A GINILC 01MC, rOR ' 1-00 Pth SQUARE FOOT WHAT 17 exPLO IT TIONT (30TV1 THE AVERA13C PRIC-- PER ZQVA14C FOOT IN T!;13 9wvolVl&1Q*ld IV, A3*UT 65 aguta. c r I T IIAO Ott;,.- 32LV WITH M#Nitou'a kt*Uuty ZOW1.4d A40 Mil-viletmi 01 zt* LOTS, of OOVLM irtAvi: OOLD ron "11.0-, A THE 0CVCj.0PAA tlaPZ0 T4 aZG4VZA 1 * uNarpoltourlo CLECTIC* HE COVILD HAVE GAY90 4,�,,500 00 MOlqC, Cvavl-Di By _fi$mpLv ALLOWING *VCR-li9A H x w I L L :lc- a, 0 V x n G'T4A& ON BCWCR AMU QAQ# ASS 049 HAII MORE ftECENTLY *FrZrtC0 e: e- ir S.5A 0 Y Fe T" 1: WATER LINE to Tmt CIlrV rAtt, 110 ANUExATION' TAKI:fj PLA NE -pFvEe-mFkE:k tm: TOTAL RZ441tRY ON 7Ht 0CV9LQPMCNT 006T11, NCT MORE THAN "A6000 AMD to$$ OVCA A PCIb.4 THM f,,Vt0TION OF ANNEXATIO:4 DOE& NOT . . . . . . . . 1499PONal list. I TV on OV1,14ATIONS IN Ttft LrACT, THE DEV HAC AN AURCCMENT P619vCNTLV WITH THE CITY TD TAt EF7C0T THA T14C Of TY WILL TAKC THE RESPONWIw—ty, TW,9,lWATr.;% lZ'X,,J.TLm IN ANV CAUg "boat fScp Va\li r n ) �1• Tmt QULAT1On OF Tnt COUNTY AND A04ACCNT LAfIOU TO PC A PUDLIC PAI§V, CANC UP WITH TttE COUNTY LONG VCrOA'C T"19 DIVE"Ltll+MZWT* AND THE UCYEL@PER HAF NO MCRZ OR L.E A INTERIZOT IN gEEIWC THJV 0900fAIT A PARK Tt4AN 4 V CITIZEN WITH LAND IU TH1� Alit A* THE QUECTIO& OF ANNCXATION VO T14C PARK HAS fJO PELATIONCHIP# CrOtPT THAT IF IT WA.M OCOtONATED As A PAR11, THE CITY WOULD SC ACOWMING NO LIABILITY "1`OWAADS SERVICING A RE01 0t oT1 AL DEVELOPMENT IN THAT AREA* WE GTRONOLV RESENT THC FACT THAT THI R HAD aErN CALLCO A OQWMICK" TO PORCIt T14C PARK ,ARrA. IN c= At TW THE AREA LCAOI NQ 1 UTO OAI.093t'YI000 MUS- VJVI-IJON (PART OF THE CITY) 16 OF A 14JOHC3 tCUSITY THAN THE Otimol VI fit Otto AND TO t-.AY THAT "Tnir AREA HAS TOO HI CH A 01;N AI TY Ria O i *01V0CP TO AV ACCEPTABLE" 10 PALLACIOUS. THE. AMO VNT Or EALItt IN tall n AKIN. (YtIT.40UT ANY K`€ OM,1 09: OF A PARK) i-novEC TH 1 C. roA A td*A.i tl0AgCCT ANALY41 * OP THE' a(IT tT1A TAX tl V t4u r CMi'�IAi MOD AVP-DIV13I0"o SEC RRtV0OV V ARSPAR-D ESTIf-4ATE AYTACS-VD# SWINAnYI LET It OT p1rtOWN 1rri-IIALL.Y rnA T4E Trtw b"ti`!EDICT LAN 'iNn CtTft'`. ^CftP., i'!'-.',ZV»'Lo!arrkn or tAL CV,,V)10 SsiorilVl» Sl RN, MAVIt f. l TCRALLY 40TH i M 1 TO %A l R &Y THE ANNEXATION. I r, AFTtA A *TUDY, TKT CITY FINDS 11` !!'•'iWjt:C AND 114PIACYla t,. TO A44t1Ex, VIE d(CalAiNLY HOPE THEY WOULD REdt:-CT THS: P+ICTITION. LCT Etc MOT t4CwEv!:q, "t vj,-,Dy TMt IVATTASH !m1'1'm A BIAS AND INCILPLCTE 31f:OORT ON TAC tXPLOIYATION 0044L.:CTP0 WITH THIC; Ri%wA• BURS VERT T4�ft.JUyt 8Cf4r01CT LAND,a, CATTLE CO. IN CALDERWOOD ANNEXATION PROSPECTUS 1962 ASSESSED VALUATICN OF ALL LOTS $5.570.00 ASSUME - 20 MILL LEVY FOR CITY A68UME - ASSESSED VALUE OF IMPROVEMENTS 35% OF MARKET VALUE OR COST ASSUME - AVERAGE COST OF IMPROVEMENTS ON EACH LOT $22,000 ASSUME - IN 5 YEARS 45% IMPROVED; VALUATION $54,Ooo TAXES $1,080 ASSUME - IN 10 YEARS 90� IMPROVED: VALUATION $102,590 TAXES $2,050 "Zzltm- 2�441- ."/ RECEIVED IN OFFICE_ OF ASPEN CITY CLER We, the undersigned, respectfully petition the Cit Council for the City of Aspen, Pitkin County, to annex to the City of Aspen the following describd'land A tract of land being part of the SEk of the VWk, ''° SWt of the NEk, the NA of the SWk and the NWk of the SEA of Section 18, Township 10 South, Rmgee 84 West of the 6th P. M., said tract is more fully described as follows:. Beginning at corner No. 10 of Tract 41 East AsMiacer,, Addition being also Corner No. 9 of the Riverside U.S.M.S. 3905 (said corner is a stone corner in place marked 9-3905); thence N. 89*02152" W. 202.50 feet t Corner No. 9 of said Tract 41 (a brass cap in place) sai corner is also the Southeast corner of Lot 13, Section 18; thence West 576.33 feet along the South line of Lots 13 ands; 14, Section 18, to the intersection with Line 3-4 of the Newfoundland Lode Claim, U.S.M.S. 5190; thence N. 4048' E .- 188.78 feet along Line 3-4 to Corner No. 4 of said Newfoundland Lade Claim; thence S. 60*00' W. 376.24 feet along Line 4-1 . of said Newfoundland Lods Claim to the intersection with the South line of Lot 371, Section 18; thence West 442.59 feet al the south line of Lot 37 to the intersection with Lime 2-3 of the "1001`Q Lode Claire, U.S.M.S. 1741; thence N. 47*07' E.:`, 825.72 feet along Line 2-3 to Corner No. 3 of said "lUOI'` Lode Claim; thence V. 45*10' W. 136.63 feet along Line 3-4 of said "1001" Lode Claim to the intersection of Line 1-2 of the Aspen Townsite from whence Corner No. 1 of the Aspoxni.' Townsite bears S. 28028' W. 52.22 feet; thence N. 28*28' t.. 99.55 feet along Line 1-2 of the Aspen Townsite to Corner No. 1 of the East Aspen Townsite; thence N. 45@00' E. $46.00 feet along Line 1-14 of the East Aspen Townsite to the inter -1. section with the North line of Lot 14, Calderwood Subdivision; thence S. 73°09*11" E. 198.20 feet along the Northerly line of the Calderwood Subdivision to the Easterly line of said Subdivision which is also the centerline of the Roaring Fork River; thence S. 37*15' E. 88.32 feet along the goat line of said Subdivision thence S. 29*14' E. 96.25 feet along the East line of said Subdivision; thence S. 8`19' E.89.94 feet along the East line of. . said Subdivision; thence S. 17*32' E. 79.70 feet along the Fast- -line of said Subdivision; thence S. 8*41' 8.72.84 feet along the East line of said Subdivision; thence S. 1*43' E. 47.09 fe#t along the East line of said Subdivision- ion; thence S. 5*26' E. 369.33 feet along the centerline of the Roaring Fork River; thenc S. 2*09' W. 121.85 feet along the centerline of the wring Fork Diver; thence S. 53*22' E. 110.16 feet along the centerl of the Roaring, Fork River to the intersection with Line 10-11 of Tract 41, East Aspen Addition; thence S. 0"02' E. 325.96 feet. to Corner no. 10 of Tract 41, East Aspen Addition, the po_ of beteinsim..... Well the wadersigned, do hereby represent that we personsr*siding wi.thim the perimeter of said above described Ad RECEIVED IN CFFICE OF ASPEN CITY CLERK DA PETITION FOR ANNEXATION We, the undersigned, respectfully petition the City ►cil for the City of Aspen #s i to annex to _..t�._City` o Aspen' aie'-f aio3ng descri A tract of land being part of the SEk of the NWk, the' SWk of the NEk, the NEB of the SWk and the NWk of the SE of Section 18, Township 10 South, Range 84 West of the 6th P. M., said tract is more fully described as follows' Beginning at corner No. 10 of Tract 41 East Aspen Addition being also Corner No. 9 of the Riverside Pla U.S.M.S. 3905 (*aid corner is a stone corner in placer marked 9-3905); thence N. 89'02'52" W. 202.50 feet t`. Corner No. 9 of said Tract 41 (a brass cap in place) 8-'a- corner is also the Southeast corner of Lot 13, Section 18;-. thence West 576.33 feet along the South line of Lots 13 and' 14, Section 18, to the intersection with Line 3-4 of the Newfoundland Lode Claim, U.S.M.S. 5190; thence N. 4*48' 194" 4 188.78 feet along Line 3-4 to Corner No. 4 of said Newfoundland. - Lode Claim; thence S. 60000' W. 376.24 feet along Line 4-1 of said Newfoundland Lode Claim to the intersection with the South line of Lot 37, Section 18; thence West 442.59 feet alo the South line of Lot 37 to the intersection with Lane 2-3 of,. - the "1001" Lode Claim, U.S.M.S. 1741; thence N. 47'07' E. 825.72 feet along Line 2-3 to Corner No. 3 of said "1001" Lode Claim; thence N. 45'10' W. 136.63 feet along Line 3-4 of said "1001" Lode Claim to the intersection of Line 1-2 of the Aspen Townsite from whence Corner No. 1 of the Aspom" Townsite bears S. 28*28' W. 52.22 feet; thence N. 28*281 99.55 feet along Line 1-2 of the Aspen Townsite to Cornea No. 1 of the East Aspen Townsite; thence N. 45*00' E. $46.a0 feet along Line 1-14 of the East Aspen Townsite to the inter section with the North line of Lot 14, Calderwood Subdivision; thence S. 75'09'11" E. 108.20 feat along the Northerly line of the Calderwood Subdivision to the Easterly line of said Subdivisio which is also the centerline of the Roaring Fork River; thence S. 37*15' E. 88.32 feet along the East line of said Subdivision thence S. 29014' L. 96.25 feet along the East line of said Subdivision; thence S. 8*19' 9.89.94 feet along the East line o said Subdivision; thence S. 17*32' E. 79.70 feet along the East. line of said Subdivision; thence S. 8041' H.72.84 feet along the East line of said Subdivision; thence S. 1"43' E. 47.09 feet"- along the Last fine of said Subdivision; thence S. 5*26' E. 369.38 feet along the centerline of the Roaring Fork River; thence S. 2*09' W. 121.85 feet along the centerline of the Roaring Fork River; thence S. 53*22' E. 110.16 feet along the centerline of the Roaring Fork River to the intersection with Line 10-11 of Tract 41, East Aspen Addition; thence S. 0002' E. 325.96 feet - to Comer No. 10 of Iract 41 t As : Ad tio rapt., of beginning. w � � � -1„Y� �2 L , , . ,� --- RECEIVED IN OFFICE OF q.^_. fN CITY CLERK DATE-..... .�. tie, the eaut+!4rsi gnod, respectful Council for the City of Aspen, Pitkin County, :state of Colorado; to Maex to, the City of Aspen the following described lakW A tract of land baron pant of the STA of the MWk. tip Silk of the Uk' the Wk of the SWk and the NWk of the: s9k ,of Section 18, Tosaahip 10 South, RmSo 84 West of the +nth P. M., said tract is more fully described as follows Beginning at corner No. 10 of Tract 41 Esst Aspen Addition being also Corner No. 9 of the Riverside hlace�rr ii.S.M.S. 3905 Maid corner is a stone, cormw in place maxis ed 9 - 390S ); thence V . 99 *02.52" W. 202.50 feet t Corner No. 9 of said "Tract 41 to brass cap in place) sai.+#, corner is also the Soutbsalst corner of Lot 13, motion 18; thence West 576.33 feet along , the south line of Lots 13 aq►, 149 Section 189 to the intersection with Lie 3-4 of the .Newfoundland Lode Claims, U.S.M. S. 5190; thence it. 4048. 188.78 foot al+ann Lims 3-4 to Corner Into. 4 of said 11ewfowad Lode Claim: thence S. 60'000' W. 376.24 feet along Line 4-1 of said Newfomdland Lode Claim to the Intersection with the nth line of loot 37, Section 18; tfeenae Est "2.59 feet aloeag the South liar of Lot 37 to tto intersection with Lim 2-3 of the "1001" Lod* Claim, U.S.M.S. 1741; thence U. 47'071 E. $25.72 foot along Line 2-3 to Corner No. 3 of said "1001" Lode Claim; thence N. 43.101 W. 136.63 foot along Liao 3-4 of said "1001" Lode Claim to the intersection of Line 1-2 `: of the Asp" Townsito frame whence Cosner no. 1 of the As Toee"Ite bears S. 28028' W; 52.22 foot; thence N. 28°2$1 1, , 99.53 feet along 1.i0e 1-2 of time Aspen ToAssito to Corner No. 1 of the Bast Aspen Towelrsite; thence X. 45"00' B. 846. 0 feet along Line 1-14 of the East Aspen Townsita to the inter- Section with the North line of Lot 14, Calder swMdivision; .. thence S. 73'09' 11" A. 108.20 feet along the Northerly line o the Caldeeeood Subdivision to the Easterly line of said Subdivis which is also the centerline of the Roaring Fork River; thence S. 37*13' X. 88.32 feet along the East line of said Subdivision; than** S. 29*14 • E. 96.23 feet along the East line of said Subdivisiong thence s. 8919. 2.89.94 feet along the East Lisa 09 said Subdivision; thence s. 17 * 3211 Z. 79.70 facet along th* toast linsi of sand Subdivision; thence S. $041' 9.72.84 foot along the East line of said Subdivision; theme S. 1043' E. 47.09 along the Mast lieu of said Subdivision; thence S. S °26 • C. , ., 369.33 feet along the centerline of the Roaring York River; them S. 2*09• W. 121.85 feet along the co uterline of the iLaaring Fork River; thesae S. 33*22' L. 110.16 feet along the centerl of the Roaring Fork Kier to the intersection with Line 10-11 of Tract 41, Last Aspen Addition; glen S. 0'021 E. 323.96 feem to Corner No. 10 of Tract 41, East Aspen Addition, the point of beginning. persaasresidift within the perimeter of said abm* described land are owners of lasd situate therela; a descriptienof the land mood by mm,alti A%* ism 40 m"aAb &A ima%m#p ti mmmA %w f-hi m Wrmf.wdwkwn QtrlALi = iLx4m 1"D - I COUNTY, ICOLORADO ..........BX..5. .:Zr A l CALDERWOOD ANNEXATION PETITION No action taken by City Council Removed from agenda 5/20/63 Original Plat returned to ;� U Z -22 /--z �