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HomeMy WebLinkAboutcoa.lu.ex.Sagewood-LotsR&S.1973LO T5 E OFpjCe AGT TF.MT; c�!'Y Granting Exemption from Subdivi�, i.on Regulations For Sagewood Condominiums WHEREAS, Section 20-10 (c) of the Aspen !Municipal. Code provides that in a case where land being divided into condominium interests has, prior to the effective date of the ordinance, been platted into lots and blocks by plat recorded in the office of the Pitkin County Clerk and Recorder, such division of land shall be exempt from the definition of a sjbdivision when, in the judgment of the Planning Commission, such platted land fulfills all pertinent design requirements contained in the sub- division regulations, and WHEREAS, Section 20-10 further provides that no exemption shall be granted unless a written application therefor has been submitted to and considered by the Planning Commission, and the grounds for granting such exemption have been entered in the minutes of the granting body by motion or resolution duly adopted, and WHEREAS, the owner(s) of the Safewood Condominiums have made application for an exemption under the provisions of Section 20-10 (c) for the following described property situated in Pitkin County, Colorado, to sit: Lots R and S and a part of Lot Q, Block 4, City and Town site of Aspen, and WHEREAS, the Asper. Planning Commission did, at its meeting held October 2, 1973, approve the condominiumization of the eleven unit structure situated on the above described property provided certain conditions were met, more specifically that: (1) the owner(s) thereof pave the alley located on said property; (2) the owner(s) negotiate with the City Engineer an ac- ceptable off-street parking plan; 3 f tho owner(s) Sl?1»ly a dr'. Ln�n� (' P.-Jan t0 be by the City Engineer; (4) the owner(s) supply a landscaping plan that also meets with the approval of the City Engineer; and (5) that owners) write into all sales contracts for sale of the condominium units a provision limiting rentals of the units for periods not less than six (6) months; and WHEREAS, the City Engineer has examined a submitted drainage plan and has discussed the off-street parking arrangements and has made the following recommendations: (1) that the existing 20 foot driveway on Hallam Street should be closed and that an additional off-street parking space should be provided by utilizing a por- tion of the Eighth Street right-of-way. Entry will be from the alley and usage will require approval by the City Council. In addition, these modifications will require the installation of 20 feet of new side- walk and curb and installation of a retaining wall; (2) that, inasmuch as the developed site will produce over twice the historical runoff for the 100-year storm, to reduce the peak runoff flow approximately 303 cubic feet of storage capacity should be provided. This can be provided in the parking area by beginning at existing grade at the east end of the lot and gradu- ually sloping the lot to a depth of 6" below grade at the west end. Some minor curbing and an outlet at the extreme northwest corner of the site will be necessary. Further, the alley must be crowned to prevent the run- off excaping the detention area; (3) that any landscaping should include plans for the dis- continued parking area in the front of the structure -2- and ::l1a1�d for t h.? j)1 r,nt i r1.Pof grrss Z�na corative trees on the slop,—s on the east and south sides of the building, and WHEREAS, the City Engineer h,-,s a�,pro%ied a drainage plan, a copy of which is attached hereto and made a part hereof, and has es- timated the cost of the required improvements to be as follows: (1) Sidewalks ............................$ 160.00 (2) Curb & Gutter Installation ...........$ 195.00 (3) Installation of Retaining Wall .......$ 75.00 (4) Implementation of Drainage Plan ......$.'240.00 (5) Alley Paving.........................$1080.00 (6) Landscaping ................ .... 0.....$ 500.00 250.00 WHEREAS, the Planning Commission has reviewed the City En- gineer's recommendations and is satisfied that they will effectuate the purposes of the subdivision regulation and satisfy the condi- tions of the Commission, imposed at its October 2, 19i3, meeting, for the granting of an exemption to the subdivision regulations to Sagewood Condominiums, and WHEREAS, the owner(s) of the Sagewood Condominiums agrees with the recommendations of the City Engineer and accepts the other conditions imposed by the Planning Commission, and wishes to enter into an agreement to formalize this acceptance. THEREFORE, IT IS AGREED BY THE PARTIES HERETO, in consider- ation of the mutual covenants contained herein: (1) It is agreed to by the owner(s) of Sagewood Condo- miniums that: a. all sales contracts for the sale of condominium units of the Sagewood Condominium will contain a provision limiting rental of the unit for a period not less than six (6) months; -3- b, he (tf)o close the eyistP 2," foot drive- way new sidewalk and curb and install a retaining wall. The agreed estimated cost of these improvements is $430.00. C. he (they) will implement the Engineer's drainage plan recommendations hereinabove described and pave the alley as required. The agreed estimated cost of these improvements is,$1,320.00. d. he (they) will implement the Engineer's landscaping recommendations hereinabove described. The agreed estimated cost of these improvements is $500.00. e. he (they) will, in order to secure the performance of the construction and installation of the improve- ments hereby agreed to, escrow the amount of $2,250.00 with the City of Aspen. In the event any portion of the work and improvements have not been done or in- stalled according to the conditions contained herein, *. owner(s) agrees that the City may have such remaining work and improvements completed with such means and in such manner as it may deem advisable and the City shall be reimbursed out of the funds so escrowed. Provided, however, that owner(s) may, in lieu of es- crowing said amount, may submit a surety performance bond which bond shall satisfy the requirements of this paragraph if approved by the City Attorney. (2) It is agreed to by the Aspen Planning Commission that it does, upon full execution of this agreement, grant an exemption to the subdivision regulations, pursuant to -4- Sect -Ion 20•-10(�:--) of the Aspen Municipal Code, to Hip. elevt'a unit st-ructure 1,nc.P.n as the Sagewood Condo-n-iiniums, provided that sucli exemption is subject to the owner(s) full compliance T^,ith the terms of this agreement. IN WITNESS WHEREOF, the parties hereto have set their hands and seals on the day and year herein noted. Dated: THE SAGEWOOD CONDO}IINIUMS by Dated:/A? THE ASPEN PLANNING & ZONING COMMISSION Chairman