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HomeMy WebLinkAboutapz.res.009-92#2~450~4 05/22/~2 1~=50 Rec $15.00 BK 6?8 PG 605 Silvia Davis~ PiPkin Cn~y Cle~.k~ Doc $.00 ACCESSORY DWELLING UNIT DEED RESTRICTION APPROVED PURSUANT ORDINANCE ONE (HOUSING REPLACEMENT PROGRAM) AND PLANNING AND ZONING COMMISSION THIS ACCESSORY DWELLING UNIT DEED RESTRICTION is made and entered into this 7th day of May .... , 1992 , by Jeff Johnston, ("Coventor") for itself, its successors and assigns, for the benefit of the City of Aspen, Colorado, a municipal corporation, and the Aspen/Pitkin County Housing Authority, a multi- .jurisdictional housing authority established pursuant to the AMENDED AND RESTATED INTERGOVERNMENTAL AGREEMENT recorded in Book 605 at Page 751 of the records of the Pitkin Clerk and Recorder's office ("Authority"). WHEREAS, Coventor owns that parcel of real property located at 846 Roaring Fork Road ,in the City of Aspen, County of Pitkin, Colorado, more specifically described as Lot 2, Merriam Subdivision upon which is situate a 3 Bedroom Home to contain a 498 net livable square foot one bedroom accessory dwelling unit("Unit"); and WHEREAS, Coventor agrees to accept and impose certain conditions on its use and occupancy of the Unit as an accessory dwelling unit under the Aspen Municipal Code. NOW, THEREFORE, in consideration of the mutual promises and obligations contained herein, the Owner hereby covenants and agrees as follows' 1. The Unit as identified hereinabove shall not be condominiumized and, if rented, shall be rented only in accordance with the guidelines as adopted and as may be amended from time to time by the Authority governing "resident-occupied' dwelling units. 2. Coventor need not rent the Unit, however, when rented, only qualified residents, as defined in the housing guidelines, shall reside therein and all rental terms shall be ~or a period o~ not less than six (6) consecutive months. Coventor shall maintain the right to select the qualified resident o~ its own choosing when renting the Unit. An executed copy o~ all leases ~or the Unit shall be submitted to the Authority within ten (10) days of the approval o~ a qualified resident. 4-~L~,_4 05/ / 15: . #5 ='~ 22 92 50 Rec $15 O0 BE &?8 PG 606 Silvia Davis, Pitkin Cnty Clerk, Doc $.00 3. The covenants and limitations of this deed restriction shall run with and be binding on the land for the benefit of the City of Aspen and the Authority, either of whom may' enforce the provisions thereof through any proceedings at law or in equity, including eviction of non-complying tenants. · · 4. It is-understood and agreed by the Coventor that no waiver of a breach of any term or condition as contained in this deed restriction shall be construed, to be a waiver of any breach of the same or other term or condition, nor shall ' failure to enforce any one of the terms or conditions, either by forfeiture or otherwise, be construed as a waiver of any term or condition. IN WITNESS HEREOF, Coventor has placed its duly authorized signature hereto on the date as described above. · COVENTOR ' Mailing Address- ) ) SS. COUNTY OF 5 ,.~ ~C~;~:. ) The foregoing instrument was acknowledged before me this 7 WITNESS my~and and official My co~ission expires:7- ~-7~Date) ~45054 05/~- ~/9~-~ 15:50 Rec $15.00 BE &?8 F'G &O? Silvia Davis, Pitkin Cnty Clerk, Doc $.00 ACCEPTANCE BY THE HOUSING AUTHORITY The foregoing agreement and its terms are accepted by the Aspen/Pitkin County. Housing Authority. THE ASPEN/PITKIN COUNTY ie of Chair~n), Chairman Mailin-' ~ Address: 50 Truscott Place Aspen, Colorado 816.11 ---.- - STATE OF COLORADO ) ) SS. COUNTY OF PITKIN ) The foregoing instrument Was aCknoWledged before me this · , 19-~-, .bY (Name, of Chairman) ..... . WITNESS .~y hand and official seal. My commission ex, res' ,{Date) ~6~ z' ," ". ", Notary ~blic / ., "~Legal counsel for the A/PCHA) Attorney for the A/PCHA