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HomeMy WebLinkAboutcoa.lu.ex.Red Butte Rd-Lot 16.1974 ,_.. c,'...ot.u~. '.',,0 Regular Meeting / Richardson I Duplex Berghof Subdivision Exemption , . ,~ I I 1 RECORD OF PROCEEDINGS 100 Leaves Aspen Planning & Zoning April 16, 197~ reports, the data with respect to fire protection, drain- age, etc... i Austin stated that he did not have a great deal to say other than what is in the letter. Felt it covers the specific sections under 20-10 and the language in the letter requesting the exception or exemption comes di- rectly from the Code.. Stated that in effect, what the applicant is asking for is a consideration by the Com- missi.on either to grant an exemption under that appli- cable provision or to reconrrJcnd to the Council .on exem- ption to the extent that this project does not fall di- rectly within the intent and purposes of the subdivi- sion regulations. Austin stated that with the decision of the Commission, the owner has no use for the land. Vice Chainman Schiffer stated that under 20-10{a) , did not feel that this particular request falls within the perview of that section of the regulations. Johnson made a motion to deny the request for a subdi- vision exemption under Section 20-10{a). Motion seconded by Jenkins. All in favor, motion carried. Johnson made a motion to deny the request for a subdi- vision exemption under Section 20-10(b). Motion seconded by Jenkins. All in favor, motion carried. Johnson made a motion to deny the request for a subdi- vision exemption under Sect.ion 20-10 (c). r.1oti.on seconded by Jenkins. All in favor,' motion carried. Ms. Baer stated that this is an existing duplex in Snow- bunny on Lot 16, Red Butte Road. Stated that the re- quest is to allow condominiumization. Stated that it has been reviewed under the provisions for e>:cmption and the Planning Office would like to recommend an ex- emption from the defin.;.tion of subdivision. Attorney Leonard Oates was present representing the ap- plicant. Stated that the letter recites that they meet the criteria from the standpoint that they have the a- vailability and hookup to water and sewer and all the design requirements. ~ Vagneur made a motion to grant the exemption from the definition of subdivision since the land in question has been platted into lots and blocks and it fulfills. aJl the pertinent design requirements under 20-7. Motio~ seconded by Jenkins. All in favor, motion carried. Ms. Baer stated that the Berghof is located on Cooper & Garmisch. Stated it is .an existing condominium com- plex with 12 units. Stated that this application has been m~dc in order to clarify the c;>wl1('rship ilnd trans- fer of ownerships of the units. Stated that the Plan- ning Office and the 'Enginc~ring Department have revicw~d it with the design requirements and. they arc met with some s~tizfaction. Stated they arc recommending, ho\V'- ever, that parking be removed from the City right-of-w..,y aloD.9 Garmisch, thilt curb, gutter and sidewalk be in- stalled and that. parking be allowed to remain on site to ..ect the parki ng dC"mcinds of the deVelop"lent. -5- j . .....,.,.,'.- TO: Planning & Zoning Commission FROM: Planning Office SUBJECT: Exemption from the Definition of Subdivision DATE: 4/16/74 Richardson Duplex Existing duplex in Snowbunny. Design requirements are met. Berghof Existing condominium - legal requirements necessitate subdivision action. Considerations: Remove parking from ROW on Garmisch; Curb, gutter and sidewalk on Garmisch. Agreement to join future sidewalk district on Cooper Ave. Agreement to join future storm and drainage districts. Hibberd Condominium Houses As a result of P&Z's denial of the Hibberd Subd. and subse- quent legal action the court has determined that all admini- strative remedies must be exhausted before the court takes jurisdiction. Request for exemption is part of the adminis- trative remedy procedure. .. f April, 1974 ASPEN PLANNING & ZONING COMMISSION RESOLUTION RICHARDSON DUPLEX EXEMPTION FROM DEFINITION OF SUBDIVISION WHEREAS, a request has been made for an exemption from the definition of a subdivision under Section 20-10 (c) of the subdivision regulation to permit the applicants, Thomas W. Richardson and Lynette G. Richardson to divide into two undivided interests, retaining one interest and offering the other for sal~ a duplex on Lot 16, Snowbunny Subdivision, City of Aspen, Colorado, and WHEREAS, the property contains an existing duplex and is therefore developed to its full capacity in conformity with zoning for the district, and WHEREAS, the Aspen Planning and Zoning Commission has reviewed said application and finds that the design require- ments of 20-7 of the subdivision regulation are fulfilled, NOW THEREFORE BE IT RESOLVED, that the Aspen Planning and Zoning Commission finds said Lot 16, Snowbunny . Subdivision, being divided into condominium interests, to be exempt from the definition of subdivision. & Dated this~day of , 1974. 'f r '-.. LAW OF FleES CLARK, OATES, AUSTIN & MCGRATH 1500 E"ST HOPKINS STREET BO>< 3707 WILL-I"'''' E.CLARK LEONARD M. OATES RONALD O. AUSTIN .J. "'ICHOL,",S McGAATH,.JR. WILLIAM Fl:. ,JORDAN m ASPEN, COLORADO 81611 ~iarch 13, 1974 AREA CODE 303 TI!.L.I!!:F'HONE 925.2600 City of Aspen Planning Department P. O. Box V Aspen, Colorado 81611 Attention: Ms. Donna Baer Re: Declaration of Restrictions for Richardson Duplex, Lot 16, SNOWBUNNY SUBDIVISION, in the City of Aspen Dear Donna: Enclosed is a Declaration of Restrictions which is similar to that which I forwarded to you for the Chesnuts and Weimanns under a letter dated January 22, 1974.. The property involved is situate within Snowbunny Subdivision and, in effect, is a duplex upon a legally subdivided lot which the Richardsons wish to divide into two undivided interests, retaining one interest and offering the other for sale. At this writing, negotia- tions are under way between the Richardsons and councilman James Brested, and I am informed that Mr. Brested is extremely interested in purchasing one of the units. Respecting the pertinent design requirements which must be fulfilled under Section 20-7 of the Aspen City Code in order to entitle us to an exemption und,er Section 20-10(c) of the Code, I would advise as follows: 1. The subject property fronts upon Snowbunny Lane which is an accepted city street and complies with all the minimum classifications respecting widths and grades. . ':f - . CLARK,OATES, AUSTIN 8. MCGRATH City of Aspen Page Two March 18, 1974 2. Red Butte Road is an accepted road by the city which is surfaced and maintained at regular intervals. 3. The property is serviced by and connected to the City of Aspen Water Department and the Aspen Metro- politan Sanitation District. 4. All requirements of Section 20-7 of the Official Code of the City of Aspen relating to lot sizes are complied with as you can see from the plat attached to the Declaration of Restrictions, and inasmuch as the property has been fully improved since approximately 1965, the applicants would request a waiver of certain of the subprovisions of Section 20-7. If you should need additional information respecting this application, either Mr. Richardson or I would be more than happy to provide you with the same. If you find everything in order, we would request that the exemption application be processed and that we be advised of the hearing dates. Very truly yours, CLARK, OATES, AUSTIN & McGrath .~ 1...vVL.t 0 ~eonard R. Oate By LMO:dlw Enclosure cc: Mr. Thomas W. Richardson . r I I ....;:;...:.. ...... , "",,. : I , , . .1 i , I I DECLARATION OF RESTRICTIONS KNOW ALL MEN BY THESE PRESENTS: WHEREAS, THOMAS W. RICHARDSON and LYNETTE G. RICHARDSON, as joint tenants, hereinafter called "Declarants," are the ii ,I ii i " " 'I Ii Ii d ji P Ii ~ 1 iI Ii Ii I d I 11 It " 'i I I' I' II I I i fee simple owners of the following described real estate, to wit: Lot 16, SNOWBUNNY SUBDIVISION, County of Pitkin, State of Colorado, and WHEREAS, the Declarants heretofore constructed a duplex residence building and other improvements appurtenant thereto on the above-described property, which building contains two (2) residence units; and WHEREAS, Declarants desire to establish a plan for the use and co-ownership in fee simple of real property estates consisting of co-ownership by the individual owners, as tenants in common, of all of the property, together with an exclusive right to use a Residence Unit in the Building as hereinafter provided. NOW, THEREFORE, Declarants do hereby publish and declare that the following terms, covenants, conditions, ease- ments, restrictions, uses, limitations, and obligations shall be deemed to run with the land above described, shall be a . - burden and a benefit to Declarants, their heirs and assigns and any person acquiring or owning an interest in the real , property and improvements, their grantees, lessees, successors, heirs, executors, administrators, devisees or assigns. I. DEFINITIONS unit, 1.1 "Residence" or "Residence Unit" means an individual! consisting of enclosed rooms occupying part of the Building I I I and bounded by the interior surfaces of the perimeter walls, floors, ceilings, windows, doors and built-in fireplaces, if any, of the Building constructed on the above-described real property, together with all fixtures and improvements therein I' ~.. . " I; 'I Ii I' iI !) I, ii !I " :1 i1 'I I! :i " Ii "i! II I , I! I ... ... contained, but not including any of the structural components of the Building within a Residence Unit. 1. 2 "Owner" means any person or entity, including Declarants, or any combination thereof, owning an undivided interest in the property; the term "Owner" shall not refer to any Mortgagee, as herein defined, unless such Mortgagee has acquired title pursuant to foreclosure or any proceeding in lieu of foreclosure. 1.3 "Mortgaqe" means any mortgage, deed of trust or other security instrument by which the interest of any Owner is encumbered. 1.4 "Mortgagee" means any person named as Hortgagee or beneficiary, including successors and assigns thereof, under I I, II the property, except the Residence Units, including, but not I' ,I I' 'I II I " " !! I' I I, I , I I I , , 11 [' any mortgage under which the interest of any Owner is encumbered. 1.5 "Common Area" means and includes all portions of limited to, the following: (a) The land on which the Building is iocated; (b) The foundations, columns, girders, bearns, supports, unfinished surfaces of the perimeter and supporting walls, floors, and ceilings; roofs, balconies, patios, decks, recreational facilities, halls, corridors, walkways, stairs, stairways, and entrances and exits of the Building; (c) The common yards, gardens, parking areas, and storage spaces and sheds; (d) Any installations consisting of equipment and materials making up any central utility services; (e) In general, all apparatus and installations I Ii existing for common use; and ,I I , , (f) All other parts of the property necessary or convenient to its existence, maintenance, and safety, or ,i !j [, il H " I: j: Ii d Ii , :1 I, " !: , i: ., normally in common use. 1.6 "Limited Common Area" means any Common Area designated herein for exclusive use by OWners of a particular Residence Unit. Any balconies, decks, terraces; porches, - 2 - - .' If ,..... 1 I' II I I I I II II II II II II patios, exterior stairways and storage areas which are commonly identified with or appurtenant to a particular Residence Unit shall be Limited Common Areas for the exclusive use of the Owner or Odners of said Residence Unit. 1.7 "Property" means and includes the land, the Building, all improvements and structures thereon, and all rights, easements, and appurtenances belonging thereto. 1. 8 "Building" means one of the two connected resi- dential building improvements comprising a part of the property. II. EXCLUSIVE RIGHT TO USE AND CO~~ON AREAS 2.1 Said property is improved with a duplex residence building containing two (2) Residence Units as shown on the plans attached hereto as Exhibit "A. II Subject to the limita- tions contained in this Declaration, and to the terms, provi- sions, reservations and restrictions set forth on the recorded plat of SNOWBUNNY SUBDIVISION, and contained in the Covenants for said Subdivision recorded in Book 181 at Page 255, and amended by instrument recorded in Book 216 at Page 96, all of the records of pitkin County, Colorado, each OWner and their I , !i II I percent (50%) interest in the property, together with an exclu- Ii ii II II i respective successors and assigns shall own an undivided fifty sive right to use a Residence Unit in the Building, the non- exclusive right to use and enjoy the Common Areas and the exclusive right to use and enjoy any Limited Common Areas which may be designated on the attached map for exclusive use by such Owner. 2.2 Each Residence Unit shall be used and occupied II for single-family residential purposes only and no trade or II II il 'I II I I I, '1 I ,I Ii II " II II I business of any kind may be carried on therein. Leas e or rental of a Residence Unit for lodging or residential purposes shall not be considered to be a violation of this Covenant; PROVIDED, HOWEVER, that no Residence Unit shall be leased or rented for a period of less than ninety (90) days. 2.3 Each Owner, at his sole cost and expense, shall have the exclusive right to (i) paint, repaint, tile, paper - 3 - ~ ~ 1- or othenvise refinish and decorate the interior surfaces of all walls, windows, ceilings, floors, and doors bounding the Residence Unit which he has the exclusive right to use; and to (ii) alter the interior of said Residence so long as such alteration does not affect the Common Areas, any other Resi- dence Unit, or the structural soundness or integrity of the Building in which such Residence Unit is located. 2.4 Each Owner shall keep the interior of his Resi- I I I windows, glass, ceilings, I' " I dence Unit, including, without limitation, interior walls, floors and permanent fixtures and appurtenances thereto, in a clean, sanitary and attractive condition, and good state of repair. 2.5 Each Owner shall be solely responsible for II II I. q I I . I Ii ii :1 Ii Ii :1 Building or any Residence therein to be uninsurable against II 1\ II " obtaining and paying for all insurance, including fire, on the furnishings within said Residence Unit, and other items of personal property, and .for casualty and public liability insurance covering the Residence Unit to which he has exclusive use. No Residence Unit or Common Areas shall be occupied or used for any purpose or in any manner which shall cause a loss by fire or other perils of the extended coverage casualty insurance, or cause any policy or policies representing such I' Ii insurance to be cancelled or suspended or the company issuing I; , I the same to refuse renew~l thereof. 2.6 Neither Residence Unit shall be used in any manner that will interfere with the enjoyment of occupants of the , " It I; Ii other Unit or annoy them by unreasonable noises or otherwise, II i1 'j I: I' \1 j! I nor shall any nuisance, or immoral or illegal activity, or activity in violation of the Covenants for SNOWBUNNY SUBDIVISION, be committed or permitted to occur in any Residence Unit or Common Area. 2.7 The Common Areas shall be improved and used only in accordance with rules promulgated by the Board of Governors which may include, but are not limited to (il vehicular park- ing, (ii) vehicular and pedestrian movement on the Common - 4 - ~ .' [ II I I I ,""~. . ,.... ""'~. Areas, including ingress to and egress from the Residence I, i Ii I' Units in the Building, (iiil recreational uses subject to rules established by the Board, and (ivl beautification of the property. A non-exclusive easement for ingress, egress, and support throughout the Common Areas is and shall be appurtenant to each Residence Unit, and the Common Areas are and shall be subject to such easement. 2.8 No activity shall be carried on in the CO~uon Areas which shall be contrary to the rules and regulations adopted by the Board of Governors. 2.9 Each Owner shall be legally liable to the Board of Governors for all damages to the Common Areas or to any improvements thereon or thereto caused by such Owner, his 11 guests, or any occupant of such Owner's Residence Unit. 2.10 Some of the Common Areas are or may be located within the Residence Units or may be conveniently accessible II only through the Residence Units. II The Owner of the other Residence Units shall have the irrevocable right, to be exer- cised by a member of the Board of Governors as his agent, to I I tl I' " Ii Ii II II II " j! Ii I ,I I, I! Ii Ii Ii " " ., Ii II II Ii II Ii II II II " p " have access to the other Residence Unit and to all Common Areas from time to time during such reasonable hours as may be necessary for the maintenance, repair or replacement of any of the Common Areas located therein or accessible therefrom or for making emergency Fepairs therein necessary to prevent damage to the Common,Areas or to the other Residence Unit. The Board of Governors shall also have such right independent of any agency relationship. Damage to the interior of any part of a Residence Unit resulting from the maintenance, repair, emergency repair or replacement of any of the Common Areas or as a result of emergency repairs within another Residence Unit at the instance of the Board of Governors or of an Owner shall be an expense of all the Owners; PROVIDED, HOWEVER, that if such damage is the result of negligence of an OWner, then such OWner shall be financially responsible for all of such damage. Such damage shall be repaired and the property shall - 5 - o' ;: ~ ~ be restored substantially to the same condition as existed prior to damage. Amounts owing by Owners pursuant hereto shall be collected by the Board of Governors by assessment pursuant to this Declaration. 2.11 The Common Areas shall be owned in common by all the Owners of Residence Units, and no Owner shall bring any action for partition thereof. III. BOARD OF GOVERNORS 3.1 The Board of Governors, consisting of three (3) persons, shall constitute the management body of the property, and be vested with the rights, powers and duties hereinafter set forth. 3.2 Each ~Nner shall be a member of the Board of Governors; PROVIDED, HOWEVER, that if there is more than one Owner having the right to the exclusive use of a Residence Unit, they shall, amongst themselves, select which one of them shall be on the Board of Governors so that each Residence Unit shall have only one representative on the Board of Governors. I, 11 " ii I! said person chosen shall be the third Governor. II I L I In addition, the two (2) Owner Governors shall chose between themselves a third person who shall not be an Owner, which The Ovmer Governors shall not receive any compensation for the perform- , ance of their services as Governors but shall be entitled to reimbursement for out-of-pocket expenses expended in such performance. The Non-Owner Governor shall be compensated for his services in such amounts as shall be determined by the concurrence of the Owner Governors and shall likewise be entitled to reimbursement for out-of-pocket expenses. I i II shall be the initial Owner Governors. I I I I, I I! II II 3.3 THOMAS W. RICHARDSON and LYNETTE G. RICHARDSON If a Residence Unit is sold, the new Owner thereof shall automatically replace the selling Owner on the Board of Governors with respect to such Residence Unit. 3.4 Both of the Owner Governors shall constitute a There shall be required quorum for the transaction of business. II Ii II [I il II L Ii Ii " II I' II 'I II 'I I I .'" , , a majority vote of Governors present at any meeting of the Board to constitute a decision of the Board as to the question voted upon. 3.5 Any action permitted to be taken by the Board may be taken without a meeting of the Board if both the then-existing OWner Governors shall consent in writing to such action. IV. POWERS OF BOARD OF GOVERNORS 4.1 The Board has and shall have the following respon- sibilities, rights and powers: (a) To elect from among the Governors a Chairman II I' 'I and Secretary, to fix their respective powers and duties, and to establish rules and regulations not inconsistent herewith relating to notices of Board meetings and other matters relat- ing to the conduct of Board meetings. The offices of Chairman and Secretary may not be combined and shall be held only by I, I! II I! II Ii " 'I I II II I I , I , I , I' Owner Governors. (b) To adopt rules not inconsistent with the provisions of this Declaration, or the Protective Covenants for SNOWBUNNY SUBDIVISION, including, but not limited to, rules and regulations relating to the use of and activity on the Common Areas. (c) To maintain bank account(s) for funds coming under control of the Board. . (d) To levy assessments and otherwise act as set II I forth in Article V below. (e) To enforce the provisions of this Declara- tion; PROVIDED, HOWEVER, .such right to enforce the provisions of this Declaration shall not be construed to prohibit the right to enforce this Declaration by any individual O\vner, his I II successors or assigns. II I i I I (f) To contract and pay for and maintain fire, casualty, liability and other insurance covering the property in amounts as determined by the Board. Each policy shall recite I each of the OWners as named insureds, as their interests appear. I :1 - 7 - Ii .' (g) Subject to the rights of the Owners set forth in this Declaration, to manage and control the Common Areas and all improvements thereon (including furnishings and equipment related thereto), and shall keep the same in good, clean, attractive and sanitary condition, order and repair; PROVIDED, HOWEVER, that each Owner shall keep the Limited Common Areas designated for use in connection with his Residence Unit in a good, clean, sanitary and attractive condition. The Board of Governors shall be responsible for the maintenance and repair of exterior surfaces of the Building, including, without limitation, the painting of the same as often as necessary, the replacement of trim and caulking, the maintenance and repair of roofs, the maintenance and repair of other Common Areas, including utility lines a~d all other improvements or materials located within or used in connection with the Common Areas. The specification of duties of the Board of Governors I with respect to particular Common Areas shall not be construed I I I II ! .. I I to limit its duties with respect to other Common Areas. (h) To obtain and pay for the services of any person or entity to manage its affairs, or any part thereof, to the extent it deems advisable, as well as such other per- sonnel as the Board of Governors shall determine to be neces- sary or desirable for the proper operation of the property, , whether such personnel are furnished or employed directly by the Board or by any person or entity with whom or with it contracts. The Board may obtain and pay for legal and account- ing services necessary or desirable in connection with the operation of the property or the enforcement of this Declara- tion. The Board may arrange with others to furnish lighting, heating, water, trash collection, sewer service and other common services to each Residence Unit. (i) To pay the taxes which would be a lien upon the property and to make the payments of principal and interest and any other indebtednesses as the same may from time to time become due under any deed of trust covering the property, and I - 8 - .1 I I - to pay and discharge any lien, encumbrance or assessment levied against the property. V. ASSESSMENTS BY BOARD OF GOVERNORS 'i I I 5.1 The Board of Governors shall have the right and power to make from time to time reasonable assessments upon each Owner to meet anticipated expenditures for common expenses authorized by the Board. Except as otherwise provided herein, each Owner shall be assessed separately and in an equal amount. Assessments may include, but are not limited to: (a) Payment for all Common Area utilities; (b) General taxes and assessments; (c) Insurance premiums for insurance covering the property; (d) Maintenance and repair of the exterior surfaces of the Building and Common Areas; and (e) Payment for assessments levied against the property by any neighborhood or subdivision homeowners' 1 I 1: 01 q " " I' II 11 II II I, Ii II I' I I I II " II Ii 1\ association. 5.2 Written notices of such assessments shall be deposited in the United States mail, postage prepaid, addressed to each Owner. Such assessments shall be a lien on the Owner's interest in the property and the Residence Unit which the Owner has the exclusive right to use, superior and prior to all mortgages thereon save and excepting a valid first mortgage . or deed of trust, and a personal and individual obligation of the Owner from the date such assessment is made. Such assessment shall bear interest at the rate of eighteen percent (18%) per annum from and after the due date thereof established by the Board. The amount of any such assessment, together I I , i lien as provided hereinabove when the Board causes to be recorded: with the County Recorder of Pitkin County a notice of assessment,! I which shall state the amollnt of such assess:ment and the aforesaid! .. I interest, costs, and attorneys' fees, the name of the Owner, with said interest, costs and reasonable attorneys' fees in the event enforcement is commenced, shall be and become a a description of the Owner's interest and the Residence Unit I d - 9 - I I I II ,I II II :1 II II I ! I ! ~ I I I has been so recorded, or other satisfaction thereof, the Board I shall cause to be recorded a further notice stating the satisfac-, tion and the release of the lien thereof. Unless sooner satis- ! which he has an exclusive right to use. Upon payment of said assessment and charges in connection with which such notice fied and released or the enforcement thereof initiated as hereafter provided, such lien shall expire and be of no further force or effect six months from the date of recordation of said notice of assessment; PROVIDED, HOWEVER, that said six- Ii I I I month period may be extended by the Board for not to exceed an additional six months by recording a written extension thereof. Such lien may be enforced by sale by the Board, its attorney or other person authorized by the Board to make the same; such sale to be conducted in any manner permitted I I il II I' il i ~ ,I Ii " il " !; 'j I, iI (I , by law. The Board shall have the power to bid in the interest of the Estate of the defaulting Owner at foreclosure sale and hold, lease, mortgage and convey the same in the name of the Board of Governors. Copies of any notices under the foregoing subparagraph shall be sent, postage prepaid, to all first mortgagees of affected real property interests under this Declaration. 5.3 Nothing herein contained shall prohibit anyone or more of the OWners from advancing to the Board sufficient money to enable the Board to meet its commitments as herein described and to make up a deficit arising from the'default i! !I II I I I i I I , II I[ , . \1 H I il I I II 'I of another OWner hereunder. Such advances shall be made on such terms and conditions as the Board shall determine and in no event shall such advances in any way affect the lien in favor of the Board arising by reason of such delinquency as hereinabove provided. 5.4 Neither Owner, his successor, or assigns, may exempt himself from liability for his contribution towards the common expenses, as assessed by the Board, by waiver of the use and enjoyment of any of the Common Areas, or by abandonment of his interest in the property or the Residence Unit which he has an exclusive right to use. - 10 - '1 11 I i I I I i I II I \- VI. RIGHT OF FIRST REFUSAL 6.1 In the event that any Owner desires to sell his interest in the property and receives a bona fide offer to purchase his interest in the property, such Owner shall give written notice of such proposed sale or assignment to the other Owner and the Board of Governors, which said notice, being a true copy of said offer, shall state the terms and conditions, purchase price, and the name of the proposed purchaser or assignee of the proposed sale or assignment. The said other Owner shall have a period of thirty (30) days after the giving of such notice to purchase the interest of the selling Owner upon the terms and conditions and for the purchase price as set forth in said notice. If said other Owner does not exercise such right to purchase, the selling OWner may then sell or assign his interest in the property to the person and upon the terms and conditions and for the price as set forth in said Notice. 6.2 In no case shall the right of first refusal reserved herein affect the right of an Owner to subject his II d II 'I II I, i I interest in the property to a trust deed, mortgage or other 1 security instrument. The right of first refusal as provided I herein shall extend and run for the lives of THOMAS W. RICHARDSON and LYNETTE G. RICHARDSON and their now living descendants, and the survivor of them, plus twenty-one years. 6.3 . In the event of any default on the part of any . OWner under any first mortgage which entitles the holder thereof to forecloseosame, any sale under such foreclosure, including delivery of a deed to the first mortgagee in lieu of such foreclosure, shall be made free and clear of the J I II II 1. il Declaration. Ii II 1 II II I' .;1 'I provisions of Article 6.1, and the purchaser, or grantee under such deed in lieu of foreclosure of such interest shall be thereupon and thereafter subject to the provisions of this If the purchaser following such foreclosure sale, or grantee under deed given in lieu of such foreclosure, shall be the then holder of the first mortgage, or its nominee, the said holder or nominee may thereafter sell and convey the interest free and clear of the provisions of Article 6.1, but its grantee shall thereupon and thereafter be subject to all , I I II I II Ii of the provisions thereof. If the Owner can establish to the satisfaction of the Board of Managers that a proposed transfer is not a sale, then such transfer shall not be subject to the provisions of this Article. 6.4 Upon written request of any prospective purchaser, or other interested party, the non-selling Owner shall forth- with, or where time is specified, at the end of the time, issue a written and acknowledged certificate in recordable form, evidencing that proper notice was given by the selling Owner, and that the non-selling Owner did not elect to exercise his right of first refusal to purchase. VII. ENFORCEMENT 7.1 The covenants, conditions and restrictions set forth in this Declaration constitute a general scheme for (i) the maintenance, protection and enhancement of value of the property and the Residence Units contained therein, and (ii) the benefit of all Owners. Said covenants, conditions and restrictions are imposed on the entire property for the benefit of the present and future Owners thereof. Said coven- ants, conditions and restrictions are and shall be covenants running with the land or equitable servitudes, as the case may be. 7.2 The breach of any of the said covenants,. conditions .. , or restrictions may be remedied and enforced by appropr~ate . legal proceedings by (i) any owner, (ii) the Board, or (iii) the Mortgagee under any-real property mortgage or beneficiary under any deed of trust given for value, all of whom are hereinafter collectively referre<:i to as "enforcing person(s)." Damages at !I law for any such breach are hereby declared to be inadequate. 7.3 The result of or condition caused by any violation of any of said covenants, con<:iitions or restrictions is and shall be a nuisance, and every remedy in law or equity now or I '\ hereafter available against a public or private nuisance may I II II I I I! Ii be exercised by any enforcing person. 7.4 The remedies set forth herein for breach of said covenants, conditions and restrictions shall be cumulative, - 12 - - , . II I' .,_____.n.A. ..,.,'__._ and none of said remedies shall be exclusive. 7.5 The failure to enforce any of said covenants, conditions or restrictions shall not constitute a waiver of the right to enforce the same thereafter. 7.6 In the event litigation shall be commenced to enforce any of said covenants, conditions or restrictions, such enforcing person, if he prevails in such litigation, shall be entitled to have judgment for and recover from any defendant (other than nominal) in such litigation such attorneys' fees 'I I as the court may adjudge reasonable and proper. VIII. DAMAGE OR DESTRUCTION OF THE PREMISES 8.1 In the event of damage or destruction due to a fire or other disaster, the insurance proceeds, if sufficient to reconstruct the damaged Building, shall be promptly applied by the Board of Governors to such reconstruction. 8.2 If the insurance proceeds are insufficient to repair and reconstruct the damaged Building, the Board of I I , i Governors will immediately appoint an independent appraiser to I , , Ii li It " J: Ii I i i i I, II II . i Ii " II II II Ii ,i :i " I: " I I I I determine the percent of the Building which has been destroyed. If not more than sixty percent (60) the Building has been destroyed, such damage or destruction shall be promptly repaired and reconstructed by the Board of Governors, using the proceeds of insurance, and the proceeds of asseSSments made against the Owners.' The assessment will be a common expense and assessed.equally. The assessment provided for herein shall be a debt of each Owner and may be enforced and collected as provided in Article V. 8.3 If the above-mentioned appraiser determines that more than sixty percent (60%) of the Building has been destroyed, and if a majority of the Board of Governors does not reach an agreement to reconstruct the premises within ninety (90) days following delivery of such appraiser's report, the property shall be sold, free and clear of provisions in this Declaration, and the cost will be divided pro-rata among the parties, and " the proceeds of the sale and insurance settlements will be .!! Ii I! Ii I ,I - 13 - -' ~ equitably distributed in the following order: (a) For payment of the balance of the lien of I I II any first mortgage; (b) For payment of taxes and special assessment liens, in favor of assessing entity; (c) For payment of unpaid common expenses; (d) For payment of junior liens and encumbrances in the order of and to the extent of their priority; and (e) The balance remaining, if any, shall be paid to the Owners. 8.4 If the above-mentioned appraiser determines that more than sixty percent (60%) of the Building has been destroyed, and a majority of the Board of Governors agree to reconstruct same, and all of the First Mortgagees so approve the plan for reconstruction, then both Owners shall be bound by the terms and provisions of the plan. Any assessment made shall be a common expense, divided pro rata between the Owners. The assessment provided herein will be the debt of each Owner and may be enforced as provided in Article V. IX. REVOCATION OR M1ENDMENT TO DECLARATION i I any of the provisions herein be amended unless both of the I II I 9.1 This Declaration shall not be revoked nor shall OWners of the property, as reflected on the real estate records , of Pitkin County, Coloraao, and all of the holders of any mort- gages appearing in such records and covering or affecting an Owner's interest in the property, consent to such revocation or amendment. 9.2 The rights, obligations, conditions, easements, I restrictions, and limitations created by this Declaration shall J I continue until this Declaration is revoked or terminated in the Ii 'I manner provided herein. I : X. MISCELLANEOUS 10.1 In the event any covenant, condition, restriction or provision contained in this Declaration is held invalid, void or unenforceable by any court of competent jurisdiction, - 14 - __'H. _ ~ - ~ the remaining portions of this Declaration shall, nevertheless, be and remain in full force and effect. 10.2 Where necessary for proper construction hereof, the singular number shall include the plural, the plural the singular, and the use of any gender shall be applicable to all genders. IN WITNESS WHEREOF, this Declaration has been duly executed by the Declarants this day of , 1974. II Dec1arants: Thomas W. Richardson Lynette G. Richardson I I I The foregoing instrument was acknowledged before me II this day of , 1974, by THOMAS W. RICHARDSON and LYNETTE G. RICHARDSON. I STATE OF COLORADO County of Pitkin ) ) SS: WITNESS my hand and official seal. My Commission Expires: Notary Public . I Ii I jl 1\ <I II II Ii II , ~ " '0 ~ I',,' o " , , " B , , '-' tJ " I . . 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Certain unresolveable survey problems exist with the boundary of Lot 16, Block 1,Snowbunny Subdivision. Evidence of oc- cupancy, namely the existing fences, does not fit the record boundary nor the field boundary. 2. The boundary shown on the attached map was determined from found original monuments throughout the subdivision. 3. Corner No.1, a steel pin in place, is thought to be an orig- inal subdivision monument and is generally accepted by other surveyors in the area as such. Corner No. 2 was set at record distance from the northwest corner of Lot 14, Block 1 of said subdivision. The north- west corner of said Lot 14 fits reasonably well with other monuments in the subdivision. Corner No. 3 was established record from Corner No.2. Corner No. 4 was established by proportionate distance along the line between Corner No. 1 of said Lot 16 and the most southwesterly corner of Lot 11, Block 1 of said subdivision. , Page 2 of 2 A Subsidiary of Trico Corporation . 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