HomeMy WebLinkAboutresolution.apz.002-82RESOLUTION OF THE ASPEN PLANNING AND ZONING COMMISSION
RECOMMENDING THE POSTING OF A PERFORMANCE BOND
BY HBC INVESTMENSTS FOR THE
700 SOUTH GALENA STREET PROJECT
Resolution No. 82 - ~
WHEREAS, the applicant for the 700 South Galena Street
Project, HBC Investments, has agreed to the completion schedule
found in Section 7-141 of the Municipal Code, and
WHEREAS, the Planning and Zoning Commission desires to
insure performance of that agreement through a performance bond.
NOW, THEREFORE, BE IT RESOLVED by the Planning and Zoning
Commission of the City of Aspen that the Commission does recommend
to City Council that HBC Investments be required to post a
performance bond to insure the timely completion of the 700 South
Galena Street Project in accordance with the approved building
plans and specifications and with Section 7-141 of the Municipal
Code. The bond will provide sufficient money to be available for
restoring the 700 South Galena Street site to its original condition
should HBC Investments fail to meet the above completion schedule
or other obligations conditioned in the project's approval.
Approved by the Aspen Planning and Zoning Commission at
their regular meeting on March 16, 1982.
ASPEN PLANNING AND ZONING
COMMISSION
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ATTEST:
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