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HomeMy WebLinkAboutapz.gmc.res.03-98RESOLUTION OF THE GROWTH MANAGEMENT COMMISSION RECOMMENDING CITY COUNCIL APPROVAL OF THE ALLOTMENT OF TEN (10) DEED RESTRICTED AFFORDABLE HOUSING UNITS AND FOUR (4) AH ASSOCIATED FREE-MARKET UNITS AND THE METHOD OF PROVIDING AFFORDABLE HOUSING FOR THE ALPINE COTTAGES PROJECT, LOCATED AT 1240 EAST COOPER AVE., AND LOT 3, FERGUSON EXEMPTION, CITY AND TOWNSITE OF ASPEN PARCEL NO. 2737-181-00-016 Resolution #98 - 0 ~t~C, WHEREAS, the Community Development Department received an application from Larry Saliterman in association with Semrau Building and Design, applicant, requesting approval for the allotment often (10) deed restricted affordable housing units and four (4) AH associated free-market units on land located at 1240 East Cooper Ave., and Lot 3, Fergusun Exemption, City and Townsite of Aspen; and, WHEREAS, the application was received by the Community Development Department which reviewed the proposal to determine if the proposed development will be consistent with the Aspen Area Community Plan and other adopted plans, and whether the proposed development will comply with all applicable requirements of the City Code; and, WHEREAS, the Community Development Department recommended approval of the proposal, finding that the applicable AH housing requirements are as follows: 1. Deed restricted units to be a minimum of 70% of the project mix; 2. Category deed restricted units to be a minimum of 40%; 3. A maximum of 30% free-market units/bedrooms; and that the applicant is proposing that 71% of the project be deed restricted, that category units make up 51% of the mix, and that the free-market component be': I of 29% of the total units and 30% of the total bedrp6ms and that this..~ix comprised meets the minimum standards set forth in the code; and . ~'~ -~:'' . .; WHEREAS, during a regular meeting on May 19, 1998, the Growth. · :~._ Management Commission, in accordance w~th the land use code, Sectlor$ 26.100.050,. ? All affordable housing deed restricted in accordance with the housing guidelines of-the Czty Councd and tts housing destgnee shall be exempt from the growtlLmana'g~ment.. . competition and scoring procedures by City Council," and "Free m. arkkt rexI~dntfal development in the AH zone district shall be exempt from the growth management competition and scoring procedures "determined that this proposal is eligible to be exempt; and WHEREAS, these exemptions are deducted from the pool of annual allotments and from the metro area development ceilings, and there are adequate allotments available to serve this project; and WHEREAS, during a regular meeting on May 19, 1998, the Growth Management Commission recommended, by an 8-0 .vote, the City Council approve the allotment of ten (10) deed restricted affordable housing units and four (4) AH associated free-market units and that this be the method of providing affordable housing for the Alpine Cottages project as recommended by the Community Development Department in their memo dated May 19, 1998; and, WHEREAS, the proposed development is further subject to Conceptual/Final PUD, Rezoning, Subdivision, Special Review, and Residential Design approval pursuant to the Municipal Code. NOW, THEREFORE BE IT RESOLVED by the Growth Management Commission that the City Council should approve the allotment often (10) deed restricted affordable housing units and four (4) AH associated free-market units and that this be the method of providing affordable housing for the Alpine Cottages project, without conditions. APPROVED by the Growth Management Commission at its regular meeting on May 19, 1998. APPROVED AS TO FORM: GROWTH MANAGEMENT COMMISSION: City Attorney J/ Sara Garton, Chair ATTEST: /~ckie Lothian, Deputy City Clerk