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HomeMy WebLinkAboutcoa.lu.ex.Melnick, Lot 40, W. Aspen Subdivision CUSTOMER CITY OF ASPEN FINANCE DEPARTMENT CASHIER'S RECEIPT J J 01-111 LICENSES & PERMITS 511 0 BUSINESS LICENSES 512 0 SALES TAX LICENSES 513 0 BEER - WINE - LIQUOR LICENSES 514 0 CONTRACTOR'S LICENSES 516 0 LIQUOR LICENSE APPLICATION 517 0 DOG LICENSE 518 0 CENTRAL ALARM LICENSE 519 0 BICYCLE LICENSES 520 0 EXCAVATION PERMITS 521 0 CONSTRUCTION PERMITS 522 0 ELECTRICAL PERMITS 523 0 PLUMBING PERMITS 524 0 HEATING PERMITS 525 0 SEPTIC TANK PERMITS 01.111 FINES & FORFEITS 561 0 COURT FINES 562 0 COURT BONDS. FORFEIT 563-01 0 TOWING FINES - IMPOUND 563-02 0 TOWING FINES. NOT IMPOUND S64 0 TRAFFIC FINES 566 0 FALSE ALARM FINES 568 0 DOG IMPOUND FINES 569 0 OTHER FINES & FORFEITS 01.111 OTHER MISC. REVENUES 579 0 MAPS, CODES, ZONING REGS. 589 0 OTHERS (DESCRIBE) 01-988-632-03 0 XEROXING (DESCRIBE) [il~HER -ACCT. NOr'! ~n \ -~)-i"'W: DESCRIPTION, (NAME, NUMBER, ETc.), ~)\)\ r1\ U ISlrA\C'Iu 1 \)\ l({\ (Q)J\~W,SI :dIUI<;r.r\' I I CASTE~A,LIDATr~~ RECEIVED FROM U,lWI. J i' 'II 'Ie X. ( '2I;r{' ~)Hllt I FACTeJRY 0 STORES 2101 Market Street Denver, Colorado 80205 (303) 623-2345 May If, 1977 l~rl Hal Cla)'-:: Planning Oflce 130 South G^lena Aspen, Co. 'i1611 Re: Subdiv""ion Exemption Applica tion Fee Dear Mr. Cli".k, Lnclosedcs 'y check for fifty dollar", payable co the City of Aspen. This is in c ,"nection with a duplex conversion in the West Aspen sub- divisionl Thank you vr 1'J much. '"' 1ery truly yours, I / L---/ Larry Melnick I ene. e.e, Mr. Pi zhuGh Scott LM/k'l \;.,} --Z;" /' J ...-!-,( W ~S'/l.",. \.- ;:0/ . -. ,~ /t---(C\...- ..... /) -/ -- .' "...- - /J-. / C I / I / / . " LOr! STATEMENT OF EXEMPTION F~OM SUBDIVISION REGULATIONS WHEREAS, LARRY P. MELNICK has filed an application for exemption from the definition of subdivision for the ownership and/or conVeYance of two undivided interests in an existing duplex, pursuant to applicant's Declaration of Restrictions, situate on the following described tract located in Pitkin County, Colorado, to wit: Lot 40, West Aspen Subdivision Filing No, 1, City of Aspen, Pitkin County, Colorado, and WHEREAS, Section 20-19(b) of the Municipal Code of the City of Aspen authorizes the City Council to exempt the parceling of interests in land from the definition of sub- division when, in the judgment of the City council, such division is not within the intents and purposes of the sub- division regulations, and WHEREAS, the City Council has determined that the intended parceling of the tract into two undivided interests is without the intents and purposes of the subdivision regulation inasmuch as (1) all utilities and improvements have been installed, (2) the improvement of the property has already occurred, (3) no dedication fees are required for the condominiumiza- tion or construction of a single duplex, (4) the subdivision code excludes from the definition of subdivision the division of land by the acquisition of an interest in the land as tenants in common, as is the case in this application, and (5) no objectives of subdivision review will be defeated by this grant of exemption, THEREFORE, the Aspen City Council, pursuant to action taken at its regular meeting held and subsequent to an affirmative recommendation of the Planning commission, does declare that the Declaration of Restrictions and intended conveyance are without the intents and Statement of Exemption from Subdivision Regulations Page 2 purposes of its subdivision ~egulation and grants an exemption therefrom, pursuant to Section 20~19(b) of the Aspen Municipal Code. Date: Stacy Standley III, Mayor ATTEST: Kathryn S, Hauter City Clerk "....... ,""",v' STATEMENT OF EXEMPTION F~OM SUBDIVISION REGULATIONS \iHEREAS, LARRY P, MELNICK h~s filed an application for exemption from the definition of subdivision fo~ the ownership and/or convey~nce of two undivided interests in an existing duplex, pursu~nt to applicant's Declaration of Restrictions, situate on the following described tract located in pitkin County, Colorado, to wit: Lot 40, West Aspen Subdivision Filing No.1, City of Aspen, pitkin County, Colorado, and \~HEREAS, Section 20-19 (b) of the Municipal Code of the City of Aspen authorizes the City Council to exempt the parceling of interests in land from the definition of sub- division when, in the juugment of the city Council, such division is not within the intents and purposes of the sub- division regulations, and WHEREAS, the City Council has determined that the intended parceling of the tract into two undivided interests is without the intents and purposes of the subdivision regulation inasmuch as (1) all utilities and improvements have been installed, (2) the improvement of the property has already occurred, (3) no dedication fees are required for the condominiumiza- tion or construction of a single duplex, (4) the subdivision code excludes from the definition of subdivision the division of land by the acquisition of an interest in the land as tenants in common, as is the case in this application, and (5) no objectives of subdivision review will be defeated by this grant of exemption, THEREFORE, the Aspen City Council, pursuant to action taken ~t its regular meeting held and subsequent to an affirmative recommendation of the Planning Commission, does declare that the Declaration of , Restrictions and intended conveyance are without the intents and , / . Stqte~ent of Exemption from.~ubd~vi$ion Regu~ations Page 2 purposes of its subdivision ~egulation ~nd grants an exemption therefrom, pursuant to Section20~19(b) of the Aspen Municipal Code, Date: stacy Standley III, Mayor ATTEST: Kathryn S. Hauter City Clerk DECLARATION OF RESTRlCTlONS KNOW ALL MEN BY THESE PRESENTS: WHEREAS, LARRY p, MELNlCK, hereinafter called "Declarant," is the fee simple owner of the following described real estate, to wit, Lot 40 WEST ASPEN SUBDIVISlON, Filing No. l county of pitkin, State of Colorado, and WHEREAS, the Declarant heretofore constructed a duplex residence building and other improvements appurtenant thereto on the above-described property, which building con- tains two (2) residence units; and WHEREAS, Declarant desires 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, Declarant does hereby publish and declare that the following terms, covenants, conditions, easements, restrictions, uses, limitations, and obligations shall be deemed to run with the land above-described, shall be a burden and a benefit to Declarant, his 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. DEFINlTlONS 1.1 "Residence" or "Residence Unit" means an individual unit, consisting of enclosed rooms occupying part of the Building 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 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 Declarant:, 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. Any instrument affecting a Residence Unit may legally describe it by reference to the identifying number shown on Exhibit A employing the following legal description: "An undivided one-half interest in and to Lot 40, West Aspen Subdivision, Filing No.1, together with the exclusive right to the use and occupancy of Unit and the Limited Common Elements, and the non-exclusive right to use and enjoy the common areas, all as set forth in the Declaration of Restrictions record,ed on , in Book , at Page , of the records of pitkin County, State of colorado," 1.3 "Mortgage" 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 Mortgagee or beneficiary, including successors and assigns thereof, under any mortgage under which the interest of any Owner is encumbered, 1.5 "Common Area" means and includes all portions of the property, except the Residence units, including, but not limited to, the following: (a) The land on which the Building is located; (b) The foundations, columns, girders, beams, supports, unfinished surfaces of the perimeter and supporting walls, floors, and ceilings; roofs, balconies, patios, decks, -2~ recreational facilities, hall~, corridors, walkways, stairs, stairways, and entrances and exits of the Building; (c) The common yards, gardens, parking areas, driveway, garage, storage spaces and sheds; Cd) Any installations consisting of equipment and materials making up any central utility services; (e) In general, all apparatus and installations existing for common use; and (f) All other parts of the property necessary or convenient to its existence, maintenance, and safety, or 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, patios, exterior walkways, stairways, doorways, storage areas and garage areas or any other portions of the property, 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 OWners 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 residential building improvements comprising a part of the property, II, EXCLUSIVE RIGHT TO USE AND COMMON 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". Subject to the limita- tions contained in this Declaration, and to the terms, provisions, reservations and restrictions set forth on the -3- recorded plat of WEST ASPEN SUBDIVISION, and contained in the Covenants for said ~ubdivision recorded in Book 229 at Page 78, and amended by instrument recorded in Book 229 at Page 507, all of the records of pitkin county, colorado, each Owner and their respective successors and assigns shall own an undivided fifty percent (50%) interest in the property, together with an exclusive right to use a Residence Unit in the Building, the non~exclusive right to use and enjoy any Limited Common Areas which may be desig- nated on the attached map for exclusive use by such Owner. The Owner of Residence unit 1 shall have the exclusive right to use the one-half of the garage and the Owner of Residence Unit 2 the one-half thereof, as is depicted on Exhibit "A". Each Owner shall be responsible for maintaining proper parking on his respective side of the driveway sO as not to hinder or interfere with the access or parking of the other Owner on his designated side of the garage-driveway areas. 2.2 Each Residence Unit shall be used and occupied for single-family residential purposes only and no Owner shall partition or subdivide any Residence Unit so as to convey to any prospective Owner an interest in less than the entire original space of such Residence Unit, Lease 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 six (6) months. 2.3 Each Owner, at his sole cost and expense, shall have the exclusive right to (i) paint, repaint, tile, paper or otherwise refinish and decorate the interior surfaces of all walls, windows, ceilings, floors, and doors bounding the -4- /"""" Residence unit which he has th~ex~lu~tve r%ght to usei ~nd toCiil aUer the'inte;r:'tor of said ~esidence so long as such alteration does not affect 'the Common Areas, any other Residence Unit, or the structural soundness or integrity of the Building in which such Residence Unit is located, No major remodel of or addition to a Residence Unit which affects the common areas, the other Residence Unit, or structural or architectural integrity of the entire property shall be permitted without the mutual consent of all Owners. 2.4 Each Owner shall keep the interior of his Residence Unit, including, without limitation, interior walls, windows, glass, ceilings, 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 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 Building or any Residence therein to be uninsurable against loss by fire or other perils of the extended coverage casualty insurance, or cause any policy or policies repre- senting such insurance to be cancelled or suspended or the company issuing the same to refuse renewal thereof, 2,6 Neither Residence Unit shall be used in any manner that will interfere with the enjoyment of occupants or the other Unit or annoy them by unreasonable noises or otherwise, nor sha,ll any nuisance, or immoral or illegal activity, or -5- activity in violAtion of the Coven~nt~fo~ WE~T ASPEN ~DBDrvIsroN 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 Common Areas may include, but are not limited to Ii) vehicular parking, (ii) vehicular and pedestrian move- ment on the Common Areas, including ingress to and egress from the Residence units in the Building, (iii) recreational uses subject to rules established by the Board, and (iv) 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. No owner of a Residence Unit shall park his vehicle in such a manner as to interfere with another owner's use of the common driveway, 2,8 No activity shall be carried on in the Common 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 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 only through the Residence Units, The Owner of the other Residence Units shall have the irrevocable right, to be exercised by a member of the BOard of Governors as his agent, to have aCcess to the 'other Residence Unit and to all Common Areas from time to time during such reasonable hours as may -6~ '""'" '" '" be necessaXY for the ~p~nten~nce, repA~r or replqcement of any of the Common AreqS ,located therein or accessible there~ from or for making emergency repairs therein necessary to prevent damage to the Common ~reas 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 ~ 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 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 Owner sh~ll 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 -7- them shall be on the Board of Governors SO that each Residence Unit shall have only one representative on the Board of Governors, In addition, the two (2) Owner Governors shall choose between themselves a third person who shall not be an Owner, which said person chosen shall be the third Governor. The Owner Governors shall not receive any compensation for the performance 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. 3.3 LARRY P. MELNICK shall be the initial Owner Governor. 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 quorum for the transaction of business, There shall be required 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. Except as provided for in Article 3.5, it shall be necessary that both Owner Governors be present at a meeting of the Board to constitute a valid decision of said Board, unless an Owner Governor has received at least thirty days written notice of a Board Meeting, and does not thereafter appear. In the event of non-appearance by an Owner Governor who has been given the requisite notice, then a majority vote of the Governors present at the meeting shall constitute a decision of the Board as to the question voted upon. -8- "'''.',,", ,--, , 3.5 Any action permitted to be taken by the Board may be taken without a, meeting of the Board if both the then.,--extst;i.ng Owner Goye,l;AO:l;'S shaU consent ;in writing to sucha,ctton. IV. POWERS O;F BOARD OF GOVE~NO:R.S 4.l The Board has a,nd shall have the following responsibilities, rights and powersl (a) To elect from among the Governors a Chairman 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 relating to the conduct of Board meetings. The offices of Chairman and Secretary may not be combined and shall be held only by Owner Governors. (bl To adopt rules not inconsistent with the provisions of this Declaration, or the Protective covenants for WEST ASPEN 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 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 Owner, his successors or assigns, (fl To contract and pay for and maintain fire, casualty, liabil;i.ty a,nd other tnsura,nce covering the property as a wholetn a,mo-unts as determined by the Boa,rd, if both Owners agree that the property shall be insured as a whole rather than as individual -units each insured by the respective Owner thereof. Each policy covering the -9- - / " property as a whole shall recite each of the Owners as named insureds, as their interests appear. Said insurance covering the property as a whole shall not be in an amount less than the full replacement value of the improvements located on the property, If it is decided that each Owner will be responsible for the maintenance of fire, casualty, liability and other insurance on his respective Residence Unit, then each Owner shall be responsible for providing the other with a current and true certificate of insurance indicating that the Residence Unit is fully covered in accordance with the terms hereof. (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 limi- tation, 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, includ- ing utility lines and all other improvements or materials located within or used in connection with the Common Areas, The specification of duties of the Board of Governors with respect to particular Common Areas shall not be construed 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 personnel as the Board of Governors shall determine to be necessary 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 -10- ~ OX with~t contracts. The BOq~d ~aY obt~~n and PaY for lega), and accounting i?ervices necessar.y.or des;trable in connection with the operation of the property or the enforce- ment of this Declaration. 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 '-_J 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 to pay and discharge any lien, encumbrance or assessment levied against the property. v. ASSESSMENTS BY BOARD OF GOVERNORS 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 (el Payment for assessments levied against the property by any neighborhood or subdivision Homeowners Association, -11- ."""""",, ,'....'" .J 5,2 Written notices of such aSsessments shall be deposited in the United iJtates ;mail" postage prepa.id, addressed to e~ch 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 with said interest, costs and reasonable attorneys' fees in the event enforcement is commenced, shall be and become a lien as provided herein- above when the Board causes to be recorded with the County Recorder of Pitkin County a notice of assessment, which shall state the amount of such assessment and the aforesaid interest, costs, and reasonable attorneys' fees, the name of the Owner, a description of the Owner's interest and the Residence Unit which he has an exclusive right to use, Upon payment of said assessment and charges in connection with which such notice has been so recorded, or other satisfaction thereof, the Board shall cause to be recorded a further notice stating the satisfaction and the release of the lien thereof. Unless sooner satisfied 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-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 -12- 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 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 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, VI, RIGHT OF FIRST REFUSAL 6.1 In the event that any Owner desires to sell his interest in a Residence Unit to a third party (exclusive of a spouse, child, natural or adopted, or any other member of the Owner's immediate family by or otherwise) 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 any person currently renting such unit under a written, valid -13- ~ ,,~ and effective lease agreement, there being no defaults there- under of any sort on the part of such tenant, which said written notice, being a true copy of sqid offer, shall state the terms and conditions, purchase price and the name of the proposed purchaser or assignee of the proposed sale or assignment. Such tenant shall have a period of ninety (90) days after the giving of such notice to purchase and acquire the interest of the selling Owner upon the terms and conditions and for the purchase price as set forth in said notice. If such tenant 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 same terms and conditions and for the price as set forth in said notice, further provided, however, that the other Owner shall likewise be entitled to the same right of first refusal and the right to exercise same within twenty (20) days after the expiration of the tenant's primary right, subject to all of the same conditions and exceptions as are aforesaid. 6.2 In no case shall the right of first refusal reserved herein affect the right of an Owner to subject his interest in the property to a trust deed, mortgage or other security instrument. The right of first refusal as provided herein shall extend and run for the lives of LARRY P. MELNICK and his 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 foreclose same, 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 -14- / ' , , the provisions of Article 6.1, and the purchaser, or grantee under such deed in l~eu of foreclosure of such interest shall be thereupon and thereafter SUbject to the provisions of this Declaration, 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 there- upon and thereafter be subject to all of the provisions thereof. If the Owner can establish to the satisfaction of the Board of Governors 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 or tenant shall forthwith, or where time is specified, at the end of such time, issue a written and acknowledged certificate in recordable form, evidencing that proper notice was given by the selling Owner, and that the tenant or 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 covenants, conditions and restrictions are and shall be covenants running with the land or equitable servitures, as the case may be, -15- "" " "" ,~" 7,2 The breach of any of the said covenants, conditions or restrictions may be remedi,ed and enforced by appropriate 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 referred to as "enforcing person (s) " . Damages at 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, conditions or restrictions is and shall be a nuisance, and every remedy in law or equity now or hereafter available against a public or private nuisance may be exercised by any enforcing person, 7.4 The remedies set forth herein for breach of said covenants, conditions and restrictions shall be cumulative, 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 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 portions of the Building, shall be promptly applied by the owners or by the Board of Governors, whichever is appropriate, to such reconstruction, -16- ~"" ,~,...,. 8.2 If the insurance proceeds are insufficient to repair and reconstruct the damaged portions of any part or all of the Building, the Board of Governors will immediately appoint an independent appraiser to determine the percent of the Building and/or of the respective Residence Units con- tained therein, which have been damaged or destroyed by the fire or other disaster, including, if possible, a determination of the relative percent of damages or destruction occasioned to each Residence Unit respectively, If not more than sixty (60) percent of the Building as a whole (including both Residence Units) has been destroyed or damaged, such damage or destruction shall be promptly repaired and reconstructed by the Board of Governors, using the proceeds of insurance and assessments made against the Owners, unless a percentage determination is possible as between the damage or destruction occasioned to each of the two Residence Units, in which event each Owner shall be responsible for accomplishing such repairs and reconstruction. If such sixty (60) percent or less damage or destruction applies exclusively to one or the other of the Residence units contained within the Building, then the Owner thereof shall be responsible for the prompt repair and reconstruction of said unit, using the proceeds of his insurance or any other funds required in order to fulfill such responsibility, In connection with damage or , destruction to the Building as a whole, not exceeding sixty (60) percent thereof, any assessments required will be a common expense and assessed equally amongst the Owners, The assessment provided for herein shall be a debt of each Owner and may be enforced and collected as provided in Article V. -17- "'-.., ....".-.,., / 8,3 If the above~mentioned appraiser determines that more than sixty percent l60%l 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 1901 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 equitably distributed in the following order: (a) For payment of the balance of the lien of 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 (el 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 assess- ment 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, INDEMNITY AND HOLD HARMLESS AGREEMENT Nothing contained in this Declaration of Restrictions shall authorize any Owner or any person dealing through, with -18- , or under any Owner to charge, encumber or alienate the general common elements or any other Residence Unit other than that of such Owner. Furthermore, each Owner shall hold every other Owner harmless and protect from, and shall indemnify every other Owner his heirs, administrators and assigns, for, any and all liability, and/or loss, and/or damages, and/or expenses of whatever kind or nature, including attorney and counsel fees, arising before or after the date hereof, resulting from any claims, demands, costs, judgments, liens or encumbrances asserted by any individual or individuals, any holder or business entity, their transferees, assigns, heirs, executors, or legal representatives, against any Owners' interest made for any reason, including, but not limited to, labor performed, or against the property by virtue of the actions-or failure to act by any Owner which adversely affects the interest, title or right to possession in any manner of' the Owner, At the written request of any Owner or any mortgagee, the Board of Governors, or if it shall not diligently proceed then the other Owner, shall enforce such indemnity by COllecting from the Owner from whom the charge, lien or encumbrance is due, the amount necessary to discharge the same and all costs incidental thereto, including reasonable attorneys' fees, If not promptly paid the Board of Governors or as provided above, the other Owner, may collect the same in the manner provided herein for the collection of assess- ments for the purpose of discharging the charge, claim, demand, cost, judgment lien or encumbrance. -19- X. REVOC~TION OR AMEND~NT TO ANP PU~T~ON OrPECL~RATION .. . . J.Q.J. This DeCli'lration shall not be !:evoked no;!;" shall any of the provisions herein be amended unless all of the Owners of the property, as reflected on the real estate records of pitkin County, ColoradQ, and all of the holders of any mortgages appearing in such records and covering or affecting an Owner "s interest in the property, consent to such revocation or amendment. 10.2 The rights, obligations, conditions, easements, restrictions, and limitations created by this Declaration shall continue until this Declaration is revoked or terminated in the manner provided herein. Each provision contained herein which may be construed to be subject to the laws or rules sometimes referred to as the rule against perpetuities or the rule prohibiting unreasonable restraints on alienation shall continue and remain in full force and effect for the period o( twenty-one years following the death of the survivor of LARRY P. MELNICK and his now living children or until this Declaration is terminated as herein provided, whichever first occurs. XI. MISCELLANEOUS 11.1 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, the remaining portions of this Declaration shall, never- theless, be and remain in full force and effect, 11.2 Where necessary for proper construction hereof, the singular numbe;t;" shall include the plural, the plural the singular, and the use of any gender shall be applicable to all genders. :-2,P.: ,? ;r,N WJ:'rNES::; WHEl\EQF I executed by the Declarant 1977 . STATE OF COLOR~DO) ) ss County of pitkin) " thL~ Dec~tion haS. bee~ duly this \~ dE\Y of" ~\( ./ , Declarant: .l~~~~.~~\~~\c. .I LA~Y P, MELNICK The foregoing instrument was acknowledged before me this'~~ay of~~\L , 1977, by LARRY P. MELNICK, WITNESS my hand and official seal. My Co~b"ion oxpiroo, ~~~ Notary Public ''':21-..: - - .Inmes .I. Mollirn l~ :\ssn('iill(ls.IIIt~. Real Estate Appraisers and Consultants Scott M. Bowie Asso-:iate Appraiser AN APPRAISAL OF NELNICK DUPLEX WEST ASPEN I LOT 40 ASPEN, COLORADO 81611 Narch 18, 1977 FOR: Larry Ne1nick The vnluJti(ln study and Certification \vhich folluws arc oxprc:;sly subject to the assumptions. contingencies and limiting conditions ;]t~ tached. tfJgcther with any special limiting conditions specifically dis- cussed in the report. ~ 5 (Ik~{)n & Morse Building. 315 East HYmJlt Avenue, Aspen, COluf3do 81611. 303,9?5-8887 James J, Mollica, R.M, Appraiser-Consultant {1M " ~ ~,..., - - /. "'\ ;" APPRAISAL REPORT James I. Mollica, R.\l. [x Residential :-~ Condominium !.: Other March 18, 1977 Date Proiccl, I,est Aspen Unit ;-_: Lot )(, 40 FiUn!> I -r Ranch Ypl:': City: Aspen County, Pitkin the intersection with Bonita Drive. Colorado L(lcation: 1410-12 Sierra Vista; north of Sierra Vista opposite State: Present Owner of Record: Larrv Melnick Date Purchased, 4/74 Purchase Price: $10';.000 Deed Book: ? Sf, 1h44 Tax Valuation: S?.7 r190. Tax District: IR TaxRa~, $49.7179/$1000 Est AnnualTaxe" $1,361.78/1976 Estimated Monthly Rentallncome: $1,000 Weekly in Season: $1,500 Quarterly Association Due" NI A NEIGHBORHOOD DATA: The subject is located approximately three miles west of Aspen's central core where schools, churches, shoppings and entertainment are available. Free bus service from near the subject link the neighborhood with the commercial core and local ski areas. Views and golf course location makes the neighborhood very popular with Aspen's permanent residents. Trend of Neighborhood: Up"ard Zoning: One and two family residential PROJECT DATA: Total No, of Units, 2 No, Built, 2 Yedr Started: 1970 AMENITIES: West Unit: fabric; oversized tub in attractive decorating. Ne" applicances, new carpeting, Jenn-air grill; wall master bath and custom ceramic tile; studio lighting; BUILDING DATA: 7 years Exterior: Quality: Good C d.' Good on It IOn : Age, Exterior Construction; Frame, brick veneer, tar and gravel roof, concrete foundation Interior Construction: Wood, crywall, thermopane windows, wall fabric Desirable Layout: Yes Interior: Quality; Good-very good Condition: Good-very good No. of Rooms: 4/4 No. of Bedrooms: 3/3 No. of B<lths: 2!r./1-3/4 Living Area, 1279/1279=2558 Carport 0 N/A Garage I'l 2 car BdSf'men t Area: West Unit: Porch and deck=350SF Deck Area, East Unit: Porch = laundry, Yes Fireplace: 2 brick 95 SF KITCHEN, Cabinets: Wood Ovcn.Rangc: 2 ___,_ Dishwdsher: 2 Disposal: 2 Othe" Jenn-air grill BATHS, F100" Carpet/vinyl Tub Recess: Ceramic .Showers, 2-2 oVer Tubs: 3 Heat: mlllB - Gas Hot Water ,7 5 galplumbing, Copper EIt.'Ctrica! System: Romex ROOf Covering: CarDet InteriorV\'alls: Dry\vall; \vallpapcr; fabric Parking: 2 car 2:ara2.e Highest & Best Use: Duplex Lncatinn of Unit in Building: N/A LandSi7P, 16,004 SF Commentsnn Special Features, Marketability, Rl'rairs, anJView: \-lest unit of subject is in immaculate :ondition and attractively decorated. East unit nceds minor repair and maintenance (e.g., lath caulking, vinyl floor repair, paint touch up, particularly ill master bath). In addition ,ast unit has no rear deck and carpeting may need to be replaced in the near future. These features of east unit r.Jentioned here are not expected to detract from marketability but are Jjscussed in order to differentiate between the quality of the two units. C COST M'PROAClI TO V AWE /"', "-,,,.pi Reproduction Costs: 445 living .lft'.l <itS 38 per sq. ft. basement alS per sq. f1. carr0rt 10 barage at $ pefsq. ft. & decki p.ltio al$ 5 per sq. ft. = $ 97,204 $ ~ 4,620 $ 2,225 S 104,049 2558 ('('7 ESTlMA TED REPRODUCTION COSTS NEW, Depredation and Obsolescence: Economic S (6.243) ~ -O- S -O- S -0- -$ (6,243) $ 97,806 S 75,000 WHOLE PROPERTY S 172,806 Physical Effective age 3 years at 2%/yr = 6% Functional Deferred Maintenance TOTAL ESTlMA TED DEPRECIATION, DEPRECIATED V AWE OF IMPROVEMENTS Land and Amenities (Contributory Value) * INDICATED VALUE BY COST APPROACH OF *This value includes landscaping, driveway, and sprinkler system. Say' S 173 . 000 MARKET DATA APPROACH TO V AWE 1* Distance from Subject: Unit 0 Lot # []( 80 4 miles Date: Closed 1/77 November 1976 U.C. Sale # Project: Mountain Valley II Land Size, 21,763 SF Living Area, 1,968 SF Time Adjustment, l%/mo +$7,000 Current Value, $184,500 Carport [J Deck, Yes Garage 0 None Basement, None Price, $177 ,509 Type: OV~T'/llnrlpr nnplpx Age, 1971 Furniture, N/ A No. of Rooms: 1(, No. of Bedrooms: 8 No, of Bath" 4 Price per Room, $11. 531 Price per square foot: $46 Buyer: Hershev Seller, Hennig Deed Book, 323 Page Number: 909 Verinedby, Buyer Comparison, Sale 1, though significantly larger than the subject is of similar duplex configuration and is located on a lot of comparable value. Other than size, only the subject's garage and the superior appeal of a side by side arrangement require adjustment. A total negative adjustment of $12,000 is considered appropriate. li'mICA TED V AWE OF SUBJECT BY COMPARISON S 172,500 Value of the subject as a whole property. c '" .,J Sale. 2 Distance from Subject: 300 yds Date: October 1976 f'r\'lcct Snowbunny II Unit - Ill! II X 17 Land SiL~: 1/3 acre approx. Price: $140,000 Tlmt:' Adlu<;tTnent: l%/mo +$7-,--000 Currt.'nt Valup; $147,000 lj\"ing Arl'.): 2,670 SF Carport Dl'tk Ye_~..____ Cara}'.t.' X ~_~a~__ B..lsement: None Tvpe, Over lunder duplex Age: 1972 Furniture: N/ A No. of Bdth~: 4 ;,\\l, of Rtltlnl';': 9 ~__ ~n. pt fh.Jrooms: 5 Pnct' rer J{(I(lm . $16,]]1" ._ $"5_,_____ Pncepl'r sq II Jft' foot ~__ Buyer: SM & J Corp. Seller, Heuer Deed Book, 317 Page Number; 807 Verified by: Broker Comparison, Sale 2 is located in a small subdivision near the subject on a lot of inferior value. Although the east unit of the subject duplex is similar in design and condition to the units of this sale, the interior quality of the subject's west unit re- quires upward adjustment. In addition, the subject's superior side by side duplex layout reflects a slightly higher value. Total upward adjustment of $30,000 is warranted. I!'.'DICA TED \' AWE OF SUBJECT BY COMPARISON S 177,000 Value of subject as a whole property. Project: 3* Distance from Subject, 300 yards Date, __March 1977 Unit 0 Unit 102 Snowbunny II Lot # 5<: 7 LaNei&e La.EJ.E.- Land Size, 1/3 acre approx. Sale # Price: $93.700 Time Adjustment: -0- 1465 None Carport c: None Uving Area: Deck, Garage c-:; Type, Is duolex - side/side Age, 1965 Current Value, $93,700 Basement: None Furniture: N/A No, of Ro()ms. 4 No. of Bedrooms: 3 No,ofBath" 1-3/4 Price per Room, $23,425 Price per squ2re f00t: $64 Buye" Porter Under contract Page Number: Selle" Hecht Deed BooL Verified oy: Buyer Compari;on, This sale (sold without commission) with partially finished family room, sits on an inferior lot. Its interior appeal and condition is superior to that of the east one-half of the Melnick duplex and inferior to the west. Slightly larger size of this sale is offset by the subject's garage and deck areas. Value of each of the subject units by comparision is: INDICATED \' AWE OF SUBJECT BY COMPARISON East \: \Vest \: $ $100,000 $110,000 SUMMARY -MARKET DATA APPROACH TO V AWE See following page for sales 4 and 5 and summary of market data. NOTE: Sales I and 2 are chosen to reflect market value of the subject in its present unsubdivided state. Sales 3, 4, and 5 are selected as indicators of value for the subject units if condominiumized and sold under separate title. INDICATED V AWE BY MAI{KET DATA APPROACH S Sale" 4 "..... '- Di..tance from Subject: 300 vds Unit ~= lc't. X -.lQ-.l'2L "'"' ~ Date, November 1976 Prnjt'ct. Snowhnnny I land Size, 1/3 acre approx, Pme $94,000 TimeAdjustment. l%/mo +$4,000 Current Value: C ' + carport arport : . Garage ~x 1 car $98,000 U"ing Area, 2026 Basement: None Ot'~k: Yes T"pe, l,; duplex side/ side Age 1974 ,ur",lure, N/ A ~o_ (11 HO(lms: 6 r\ 0, of Bedrooms: 4 r\o. of Baths: 3 Price per Room, $16,333 Price per SqUilrt.' fun t. $48 Buye" Edlin Selle" Jenkins Deed Book, 318 Page Number. 893 Verified by: Broker Comparison, Sale 4 is significantly larger than either subject units but sits on an inferior Snowbunny subdivision lot, features that, in our opinion are offsetting. Condition of this sale is similar to that of the east unit and inferior to the west. Value of each of the subject units by comparison is: INDICATED V AWE OF SUBJECT BY COMPARISON East ~: $ 98,000 West ~: $108,000 $ Sale, 5 Distance from Subject: Unit 0 Lot # EX 300 yds Date: Closed 3/77 December 1976 Project: West Aspen I 23 (~) Land Size: 17,918 SF Price: $102,000 Time Adjustment: l%/mo +$3,000 Current Value: $105,000 Carport C': Garage ex 1 car Yes Basement: None Uving Area, 1500 Deck, Type, 2 storv ~ side/side Age: 1971 Furniture, N/ A No. of Rooms: 5 No,.of Bedrooms: 3 No. of Baths: 2 Price per Room: $21. 000 Price per square fooL ~O Buyer: Collen Selle" Brinkman Deed Book: 32 S Page Number: 563 Verified by, Seller Comparison: Sale 3 sold direct without commission. It sits on a very desirable golf course lot with views slightly superior to the subject, Two story layout of the sale is superior to either subject unit, however quality and good condition of the west unit offsets this feature. East unit requires upward adjustment for the sale's two level design. Value of the subject units by comparision is: IJ\'DICA TED V AWE OF SUBJECT BY COMPARISON East ~: West ~: $ $ 98,500 $108,500 SUMMARY -MARKET DATA APPROACH TO VALUE Sales 1 and 2 indicate a value of the subject In unsubdivided present condition. Sale 1, though most similar to the subject in appeal and quality, is located in another area and is given least weight. Sale 2 is most similar in location and size and is given primary emphasis in directing us toward a value from near the top of the range. Sales 3, 4, and 5 reflect a value for the subject units in subdivided state. All three sales are similar in one half duplex, sid" by side layout and reflect a narrow range in adjusted values. Slightly inferior condition of the east unit and lack of deck areas direct us to select a value from the lower range. Superior quality and appeal of the west unit directs a value from near the top of the range. $ 175,000 Whole property INDICATED V AWE BY MARKET DATA APPROACH 5 93,000 East Unit 110,000 West Unit c '" ,",/ CONCLUSION AND CORRELATION Cost Approach to Value Market Data Approach to Value CONTINGENT UPON BELOW EXPRESSED CONDITIONS: s 173,000 175,000 Whole Propert) West Unit East Unit s $ $ 110,000 98,000 Lack of available building sites as an alternative to a potential buyer directs that we give secondary emphasis to the cost approach. However it is a useful guide to value. The market data reflects the actions of buyers of whole and subdivided duplex property and is, therefore, given most weight in this appraisal. As a result of my appraisal and analysis, it is my opinion that the Fair Market Value of the subject property. as a whole, in its present condilion, as of March 18, 1977 is: $175,000 110,000 98,000 Whole Property West Unit of Duplex East Unit of Duplex March 18, 1977 Date ...~,,-r'/~O<'" ._ ,J es J. ~ Ilica, R,M, . spen:-;}.2olorado ~~ (I ~ Scott M. Bowie Associate Appraiser NOTE: Values of individual units are contingent of the whole property in conformance with regulations. upon successful subdivision City planning and zoning - '-" ,,,","I ....,j Sketch of Subject 10' 25 49' I Porch . 2'1 I I 30' One Level 3' , 27' 5' - I- Open Porch 101:1' Garage 22' 101:1' Garage I , 10' 6~ - _Open Porch , 27' 3 , Deck .' 30' I One Level I I I . Porch 8' 8' 231:1' 10' -. -- j' , , ~4 , j :.1 > .,-,' ,.' .;1,. /- '.; 't' I .,' ,1. " ' j,,"',}' ; I ' J I i I , .I \, I. - .~ -' -;..>~ ."'- J ,-,' 0' '", 'T'1! ..oi ::3 r. ~! o I "I col QJ: . 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" \ " " ~ .,- by any Owner or any Mortgagee, prospective Mortgagee or bona fide prospective purchasernf a Condominium Unit, the, Association by its Managir; Agent, or by the Trcasure )f the Association, shall issue a written statement settlng forth the amount of the unpaid assessments, if any, with respect to such Condominium Unit, the amount of the current quarterly assessment and the date that such assessment becomes clue, credit for advanced payments or prepaid items, including, but not limited to, an Owner's share of prepaid insurance premiums, which statement shall be conclusive upon the !\ssociation in favor of persons who rely thereon in good faith. Unless such request for a statement of account shall be complied with within twenty days, all unpaid assessments which became due prior to the date of making such request shall be subor- dinate to the lien of a Mortgagee which acquired its interest subsequent to requesting such statements. Where a prospective purchaser makes such request, both the lien for such unpaid assessments and the personal obligation of the purchaser shall be released automatically if the statement is not furnished within the twenty day period provided herein, provided the purchaser subsequently acquires the Condominium Uni t. 7.8 Personal Liability of Purchaser for Assessments. Subject to the provisions of Section 7.8, a purchaser or transferee of a Condominium Unit shall be jointly and severally liable with the seller or transferor for all unpaid assessments against the Condominium Unit up to the time of the grant or conveyance, without prejudice to the purchaser's right to recover from the seller the amount paid by the purchaser for such assessments. 7.9 Estoppel Certificate. Upon payment of a reasonable fee not to exceed $20.00 and upon written request of any Owner or any person with any right, title or interest in a Condominium Unit or intending to acquire any right, title or interest in a Condominium Unit, the Association shall furnish a writtcn statement setting forth the amount of any Assessments, charges, fines or penalties, if any, due or accrued and then unpaid with respect to the Owner of the Condominium Unit and such Owner's Guests and the amount of the assessments for the current fiscal period of the Association payable with respect to the Condominium Unit, which statement shall, with respect to the party to whom it is issued, be conclusive against the Association that no greater or other amounts were then due or accrued and unpaid. VIII . USE AND OTHER RESTRICTIONS. 8.1 Use of Residential Units. Each such Individual Space shall be used for residential purposes only. No Individual Space shall be used at any time for business or commercial activity except that, subject to the rules and regulations of the Association, the Owner may lease or rent his Individual Space for private residential, living or sleeping purposes and Declarant, or its nominee, may use one or more Individual Spaces as a model or display unit and rent the same to members of the Public until all Condominium Units owned by Declarant are sold. The foregoing is subject to the lease restriction covenant between Declarant and the City of Aspen contained in their subdivision exemption agreement and providing that no residential unit shall be leased for a period of less than six (6) successive months; or, in the alternative, be leased more than twice for short term periods within the calendar year (in addition to occupancy by the owner or any lessee for a six (6) month lease term). Short term means not more than fifteen (15) days. -15- , by any Owner or any Mortgagee, prospective Mortgagee or bona fide prospective purchasF,r of a Condominium Unit, t-'~, Association by its Mana" ,!g Agent, or by the Treasu. ~r of the Association, shall issue a written statement setting forth the amount of the unpaid assessments, if any, with respect to such Condominium Unit, the amount of the current quarterly assessment and the date that such assessment b"comes due, credit for advanced payments or prepaid items, including, but not limited to, an Owner's share of prepaid insurance premiums, which statement shall be conclusive upon the Association in favor of persons who rely thereon in good faith. Unless such request for a statement of account shall be cOlllplie<.l with within twenty days, all unpaid assessments which became due prior to the date of making such request shall be subor- dinate to the lien of a Mortgagee which acquired its interest subsequent to requesting such statements. Where a prospective purchaser makes such request, both the lien for such unpaid assessments and the personal obligation of the purchaser shall be released automatically if the statement is not furnished within the twenty day period provided herein, provided the purchaser subsequently acquires the Condominium Unit. 7.8 Personal Liability of Purchaser for Assessments. Subject to the provisions of Section 7.8, a purchaser or transferee of a Condominium Unit shall be jointly and severally liable with the seller or transferor for all unpaid assessments against the Condominium Unit up to the time of the grant or conveyance, without prejudice to the purchaser's right to recover from the seller the amount paid by the purchaser for such assessments. 7,9 Estoppel Certificate. Upon payment of a reasonable fee not to exceed $20.00 and upon written request of any Owner or any person with any right, title or interest in a Condominium Unit or intending to acquire any right, title or interest in a Condominium Unit, the Association shall furnish a written statement setting forth the amount of any Assessments, charges, fines or penalties, if any, due or accrued and then unpaid with respect to the Owner of the Condominium Unit and such Owner's Guests and the amount of the assessments for the current fiscal period of the Association payable with respect to the Condominium Unit, which statement shall, with respect to the party to whom it is issued, be conclusive against the Association that no greater or other amounts were then due or accrued and unpaid. VIII. USE AND OTHER RESTRICTIONS. 8.1 Use of Residential Units. Each such Individual Space shall be used for residential purposes only. No Individual Space shall be used at any time for business or commercial activity except that, subject to the rules and regulations of the Association, the Owner may lease or rent his Individual Space for private residential, living or sleeping purposes and Declarant, or its nominee, may use one or more Individual Spaces as a model or display unit and rent the same to members of the Public until all Condominium Units owned by Declarant are sold. The foregoing is subject to the lease restriction covenant between Declarant and the City of Aspen contained in their subdivision exemption agreement and providing that no residential unit shall be leased for a period of less than six (6) successive months; or, in the alternative, be leased more than twice for short term periods within the calendar year (in addition to occupancy by the owner or any lessee for a six (6) month lease term). Short term means not more than fifteen (15) days. -15- , ,"", ~ ''-"' MEMORANDUM TO: FROM:' Aspen City Council Rich~rd Grice, Planning Office . '.....,:~' ,'~'''-~ ....;. . Melnick Du~~'-Subdivision Exemption December 6, 1978 RE: DATE: This application requests exemption from the definition of sub- division for the purpose of condominiumization of a duplex owned by Mr, Larry Melnick which is located on Lot 40, West Aspen Subdivision, Filing No, 1. The property involved is zoned R-15 and is located on a legally subdivided lot which the owner wishes to divide into two undivided interests, He would continue to own and occupy Unit 2 and the other, according to the application, he hopes to sell in the near future to his present tenants, The application indicates that Karen Troobnick is the present tenant of Unit 1. Karen has rented this unit from the Melnicks for the past three years and at the present time pays a monthly rent of $500 per month, plus utilities. She has never had a written lease of any sort. She is the owner of Town and Country Antiques and Uniques in the Mill Street Station, This application was tabled at your October 23rd meeting due to some conflicting information, Karen indicated to Mark Danielsen that there was no way in which she could afford to purchase the unit at the current market price, however, a letter was sent to City Council which was endorsed by Karen Troobnick in which she indicated that she had no objection whatsoever to Larry Melnick's request, That letter further stated that she did not want Mark Danielsen or the Planning Office memos to be taken as an objection on her part to the request when in fact, she felt that her ability or inability to purchase the unit should have nothing to do with City Council's decision to approve or disapprove the subdivision request, Mark Danielsen still is of the opinion that the application has not indicated minimum tenant displacement. Mark's recommendation for denial stands unless an amiable solution is reached between the Troobnicks and Mr, Melnick which results in a sales price which the tenants can afford, City Engineering has conducted a site inspection and reviewed the improvements survey and at this time recommends approval without condition, We understand that Larry Melnick and Karen Troobnick will be in attendance at this meeting next Monday. We hope that sometime prior to Monday the Troobnicks and Melnick will reach an agreement between themselves. " ,\ \, ,'>L '. ,'\) ( 1 ,'.'r ',.\, " \<, ,J ~,,\ '\"t .lJjII' /1 i,\ t f. ~_.t I..Jo- ~ ...1: I, -+ I. ~~, ~l.~~~:\"-\~,,t, /--t/.,,,\ ~ (;.t!&-,)~ ~~/Jti ~ 1.',1 :' ")^'.;.'\"4 r, ~- '1":'(\ ,., .', 'Y(" 1....:' (rf.t; .;/ ' ! '\ ~ 'U~ 1; l' i'~ ;' \'{' ~J)," . I " ^ ,'} -',' !'\~.bV' ......,....'..,,' ! 1-JfI',,~t'; ',D ') II "- ~ ~ITY OF ASPEN 130 SOUTH GALENA STREET, ASPEN, COLORADO 81611 MESSAGE TO C~r.~a'r/ CE7~- J /2e; ~'cI,v, E'xT'YI<pL (Me1V1'JcJ I l= In! 40 ,hI.-j I) w/!'sf 4r::J $ REPLY DATE " _BY SIGNED r- '- ,.., '., ,# M E M 0 RAN DUM TO: Dave Ellis, City Engineer Mark Danielsen, Housing Director FROM: Richard Grice, Planning Office RE: Melnick Duplex, Subdivision Exemption DATE: August 14, 1978 Dave, attached you should find a copy of the applicant's letter of appli- cation dated May 4, 1977 and a copy of the improvement survey. Mark, attached you should find a copy of the applicant's letter dated May 4, 1977 a copy of the improvement survey, and a copy of a letter dated August 3, 1978 in which attorney Tam Scott addresses Ordinance #53, This item is tentatively scheduled for review by the Aspen Planning and Zoning Commission on September 5, Written comments should be returned to the Planning Office by August 30. Thank you. sr , ,I '-... r ". /,0 "- ~.:; \ "',,\,.,-. ). .~: ' ~" '~~..J I :) ,,-.. V 50G L r~AIr< STflEET ASPEN, COLOI1ADO 01611 P I T K I N ME !1QB.!!.!iQl'.M c o U N T Y TO: FRON: DATE : October 19, 1978 Aspen City Council Mark A, Danielsen, Housing Director RE: Melnick Subdivision Exemption This application for subdivision exemption originally began as a request from Karen Trubnick to buy the unit she was renting from Mr, Melnick, Th~ request was made two years ago, at which time Melnick had the unit appraised, finding the value to be $97,000; a price which Karen and her husband could afford, He is one of the owners of the Pub. Two years later the application finally comes before Council. Karen and her husband now share the uni t with Karen's sister, who works at Antiques and Uniques II, and their grandfather. Two years later it is indicated that Melnick now wants the current market value of the unit, which has appreciated some 20% each year. Unfortunately, the Trubnicks income has not appreciated at the same rate. The resulting market price is now unaffordable to the Trubnicks, and any sale would displace the four residents of the unit. Based upon this new information, recommendation is not for approval due to tenant displacement under (old) Ordinance #53, or table the application until an amiable solution is reached between the Trubnicks and Melnick, giving them a sales price they can afford, thus proving that there will be no tenant displacement and preserving the original concept of the application. . .. ~r , rf il il I, il II ~ I " 'I .~-----...,..--""","--._,.,--_.... FITZHUGH SCOTT III ATTORNEY AT LAW 117 SOUTH SPRING STREET POST OFFICE BOX 181!5 ASPEN, COLORADO 81811 TELEPHONE (303) 92!5.121lS August 15, 1978 Mr, Richard Grice Aspen/Pitkin Planning Office 130 South Galena Street Aspen, Colorado 81611 Re: Melnick duplex conversion Dear Richard: Per your request, I am enclosing copies of various items indicating the earlier payment of the $50,00 subdivision exemption application fee by Mr. Melnick, I think Larry may be sending up a copy of his cancelled check(s) in this regard. If he does, I will send those on too, Also enclosed are five additional copies of improvement survey of the subject property, As discussed, my submission to you of the Mollica appraisal was intended to indicate that the provisions of Ord. No, 53, such as they are, would not seem to apply to this application, Further, the fact that Mr. Melnick hopes and intends to culminate an agreement with Karen Troobnick for the purchase of Unit 1 (aside from her rights of first refusal), which seem to indicate also that Ord, No, 53 is not applicable to this application, Would you let me know how your scheduling for a rehearing before P & Z develops. I understand now that September 19th is a tentative date. Perhaps, sometime ~." "'" ....-,,., ,-,~,,,.. October 20, 1978 Aspen City Council 130 South Galena Aspen, Colorado 81611 Re: Melnick duplex Dear Council: I'm informed that, desflit.@ ~Eiel: P s.. Z :ilrr'V"l"\u""l, the Planning Office now recommends denial of Larry Melnick's request for subdivision exemption - based ~R~irely on Mark Danielsen's (Housing Director) latest memorandum, I have read the latest Danielsen and Planning Office memos, discussed the matter with Tam Scott and want to advise City Council that I have no objections whatsoever to Larry Melnick's request, even if it turns out that I (we) may be unable to afford the purchase price of the unit, As a matter of fact, Larry and I have not discussed sales price, etc, recently, and for all I know, he may choose not to sell the unit to me or anyone else for the time being, In any event, I would not want the Danielsen or Planning Office memos to be taken as an objection on my part as to this request, and personally feel that my (our) problem (if any) with being able to afford some unknown, undiscussed purchase price with Larry ought not to be mixed up with his efforts to obtain sub- divisic;n-approval for the duplex. Ll.~~ _ 1 . , , ---- Thanks for considering these comments, Yours very truly, Karen Trubnick , ""..,.,. \".:'" M EM 0 R A N'D U M TO: Dorothy Nuttall, City Attorney FROM: Karen Smith, Planning Office RE: Melnick Duplex - Subdivision Exemption Application DATE: June 20, 1977 At the Aspen Planning and Zoning Commission meeting on June 7th, question arose concerning the Melnick Duplex Subdivision Exemption application. Specifically, the applicant asserts that the nature of his proposed division, that is, dividing the property into two undivided interests is specifi ca lly excl udi ng from the defi ni tion of subdi vi s i on by Secti on 20--3(5)(8) of the Municipal Code. I have attached the application letter with this request by the Planning and Zoning that you del iver an opinion as to whether this conversion is exempted from the definition of subdivision and therefore not subject to the exemption procedure and requirements. lmk ene. ~:- Hal Clark - - f"" ,-,' FITZHUGH SCOTT III ATTOnUEY AT LAW 117 GOUTH CNtlNG fiTnE!T POOT OrFICC [lOX 181d ASPEN. COLOHAOO 01 C 11 "I'UtPHOrtU303J 920-1210 May 4 I 1977 Aspen/Pitkin Planning Office 130 South Galena Street Aspen, Colorado 81611 Attn: Mr, Hal Clark /' ./.;/ Re: Declaration of Restrictions for Larry Melnick Duplex, Lot 40, West Aspen Subdivision, Filing No, 1 Dear Hal: Concerning the above item, I am enclosing the Declaration of Restrictions, together with an original and copy of a proposed Statement of Exemption. The property involved is situated within West Aspen Subdivision and is a duplex located upon a legally subdivided lot which Larry Melnick wishes to divide into two undivided interests, one of which he would continue to own and the other, hopefully, for sale in the near future, to his present tenant. The effect and use of the existing duplex would be no different as a result of this legal rearrangement, Respecting the pertinent design requirements which must be fulfilled pursuant to Section 20-17 of the Aspen City Code in order to entitle us to an exemption under Section 20-19 of the Code, I would advise as follows: , " 1, The subject property is on Sierra Vista Drive (Nos. 1410-1412) which is an accepted city street and complies with all the minimum classifica- tions respecting widths, and grades. MemorDndum PDge Two Junc~ 3. 1977 ,<""".... ,~ 1. 2. Payment of the appropriDte pDrk dedication fee. Restriction of use of the premises to a minimum of six month terms. 3, A non-Dssignable 90 day right of first refusal be given to the existing tenant to purchase the unit at market value. We suggest that you ask the City Attorney to review the declaration to ensure that the 90 day notice and six month restriction therein provided comply with Council's ordinance governing exemptions. If so, then record- ing of the Declaration can satisfy conditions # 2 and 3. ,/~ /o' lmk, 1i.vc{i~ ~ it'", li.- (r ~O-((~ rlif(uw- <f(~ ~~, 'j ---ef ~J. , ~"'- ~ .g~ij ~bii~7' ~ ~~ j6j " " -- ~ ~'''' -' , Aspen/pitkin Planning Office May 4, 1977 Page 2 2, Sierra Vista Drive is an accepted road by the City of Aspen which is surfaced and maintained by it at regular intervals, 3, The property is serviced by and connected to the City of Aspen Water Department and the Aspen Metropolitan Sanitation District, 4, All requirements of Section 20-17 of the Code of the City of Aspen relating to lot size are met. 5, The Declaration contains the Right of First Refusal with a 90 day notice period for the benefit of the tenant. As a matter of fact, Karen Troobnick is renting Unit No, 1 for the second year in a row under a written lease agreement with Larry Melnick, and they are currently diSCussing the possibility of her purchasing the unit, That's actually what prompted his interest in the conversion. Actually, I personally believe as Sandy Stuller does that Section 20-3 (5) (8) specifically excludes this kind of "duplex conversion" from the definition and application of a SUbdiVision, and that, technically speaking, an "exemption" under Section 20-19(b) is not required. However, discretion always being the better part of valor in matters of our mutual concern, I have decided to go along with the local game and, therefore, humbly and respectfully ask that you con- sider this matter an an official request for an exemption from subdivision, reviewing it and bringing it up bcf()n~ ," r, '",-,. -- M E M 0 RAN DUM TO: Aspen Planning and Zoning Commission FRm1: Richard Grice, Planning Office RE: Melnick Duplex - Subdivsion Exemption ru\TE: September 14, 1978 The attached application requests exemption from the definition of subdivison for the purpose of condominiumization of a duplex owned by t1r. Larry Melnick which is located on lot 40, West Aspen Subdivision, Filing No, 1. The prop- el'ty involved is zoned R-15 and is located on a legally subdivided lot which the owner wishes to divide into two undivided interests, He would continue to own and occupy unit 2 and the other, hopefully, he woul d sell in the near future to his present tenant. The application indicates that Karen Troobnick is the present tenant of unit 1. Karen has rented this unit from the Melnicks for the past three years and at the present time pays a monthly rent of $500.00 pl~r month, pl us util iti es, She has never had a wri tten 1 ease of any sort. She OIms and manages her Town and Country Antique Shop in the Mill Street Station. C'ity Engineering has conducted a site inspection and reviewed the improvement survey, Dave Ell i s recommends approval without conditi on, The applicant has indicated his willingness to accept the right-of-first- refusal/six month minimum lease/one hundred and eighty day relocation provis- ions of Ordinance #53, With these conditions, the Planning Office recommends approval. SI' ~ I- l/- I.} t. I, ( M E M 0 RAN DUM TO: Dorothy Nuttall, Ci ty Attorney FROM: Karen Smith, Pl anni ng Offi ce RE: Melnick Duplex - Subdivision Exemption Application DATE: June 20, 1977 fit the Aspen Planning and Zoning Corrunission meeting on June 7th, question arose concerning the Melnick Duplex Subdivision Exemption application. Specifically, the applicant asserts that the nature of his proposed division, that is, dividing the property into two undivided interests is specifically excluding from the definition of subdivision by Section ,~0-3(5)(8) of the Municipal Code. I have attached the application letter with this request by the Planning and Zoning that you deliver an opinion as to whether this conversion is exempted from the definition of subdivision and therefore not subject to the exemption procedure and requirements. 'Imk enc. GC: Hal Clark .. " , " FITZHUGH SCOTT III ATTORNEY AT LAW 117 SOUTH SPRING STREET POST OrFICC BOX 181!5 ASPEN. COLORADO a 1011 TELtftHON..C3031 921:1-I2IG May 4, 1977 Aspen/Pitkin Planning Office 130 South Galena Street Aspen, Colorado 81611 Attn: Mr, Hal Clark~/ Re: Declaration of Restrictions for Larry Melnick Duplex, Lot 40, West Aspen Subdivision, Filing No. 1 Dear Hal: Concerning the above item, I am enclosing the Declaration of Restrictions, together with an original and copy of a proposed Statement of Exemption. The property involved is situated within West Aspen Subdivision and is a duplex located upon a legally subdivided lot which Larry Melnick wishes to divide into two undivided interests, one of which he would continue to own and the other, hopefully, for sale in the near future, to his present tenant. The effect and use of the existing duplex would be no different as a result of this legal rearrangement, Respecting the pertinent design requirements which must be fulfilled pursuant to Section 20-17 of the Aspen City Code in order to entitle us to an exemption under Section 20-19 of the Code, I would advise as follows: 1. The subject property is on Sierra Vista Drive (Nos. 1410-1412) which is an accepted city street and complies with all the minimum classifica- tions respecting widths and grades. "../" ~ I \ ------. '/ .. \ ' '. " r: . (- ill ~~. \ '\ \ I \ """" ',"""" ... ,.~ . ,(~"4~ G;'!~ it ~ 1'1~ G;;~ hw ~ r!~ ~ ""-&' -JI>>10J!p ~J)~- , ~) >? S,+~,~ ~!YcJ~ ')jWl ~// 'E pue Z # SUO~1~PUO~ AJS~1eS ue~ UO~1eJel~aa a41 JO 5u~ -pJoJaJ ua41 'os J1 "SUO~1dwaxa 5u~uJa^05 aJueu~pJo s, l~~unoJ 41~M AldWOJ pap~^oJd u~aJa41 UO~1J~J1SaJ 41uow x~s pue a~~10u Aep 06 a41 1e41 aJnsua 01 uO~1eJel~ap a41 Ma~^aJ 01 AaUJ011V A1~J a41 )jse nOA 1e41 1sa55ns aM "anle^ 1a)jJew 1e 1~un a41 aSe4JJnd 01 1ueua1 5u~1s~xa a41 01 ua^~5 aq lusnJaJ 1SJ~J JO 146~J Aep 06 alquu5~sse-uou V '€ "SWJa1 41UOW x~s JO wnw~u~w e 01 sas~waJd a41 JO asn JO UO~1~~J1saa 'Z 'aaJ uO~1e~~pap )jJed a1e~JdoJdde a41 JO 1uawAed 'L LL6l 'E aunr OMl a6ed wnpueJowaw ~ " Aspen/Pitkin Planning Office May 4, 1977 Page 2 2, Sierra Vista Drive is an accepted road by the City of Aspen which is surfaced and maintained by it at regular intervals. 3, The property is serviced by and connected to the City of Aspen Water Department and the Aspen Metropolitan Sanitation District, 4. All requirements of Section 20-17 of the Code of the City of Aspen relating to lot size are met. 5. The Declaration contains the Right of First Refusal with a 90 day notice period for the benefit of the tenant. As a matter of fact, Karen Troobnick is renting Unit No.1 for the second year in a row under a written lease agreement with Larry Melnick, and they are currently discussing the possibility of her purchasing the unit. That's actually what prompted his interest in the conversion. Actually, I personally believe as Sandy Stuller does that Section 20-3 (5) (8) specifically excludes this kind of "duplex conversion" from the definitIon and application of a subdivision, and that, technically speaking, an "exemption" under Section 20-19(b) is not required. However, discretion always being the better part of valor in matters of our mutual concern, I have decided to go along with the local game and, therefore, humbly and respectfully ask that you con- sider this matter an an official request for an exemption from subdivision, reviewing it and bringing it up before -' ~' '. ,...... '"", ~ '- . ~ ~o~uTaw l~~e~ ,:00 'sToua oar/Sd III ~~ooS ~~4Jf~d ~ ~ JATn~~ l~aA s~noX 'paS~Ape am daa~ aseaTd ./ 'apoo a4+ lq ~oJ pap~Ao~d s~ SB 'uoT~B~ap~suoo ~~a4~ ~oJ DU~UOZ pUB Du~uueTd ( a5Bd LL6l: V lBW aO~JJO 5U~UUBTd u1~~1d/uadsV '( ~, ,,~ M E M 0 RAN DUM TO: Aspen Planning and Zoning Conmission Members FROM: Planning Office (KS) RE: Melnick Duplex Condominiumization - Subdivision Exemption JATE: June 3, 1977 This is an application for exemption from subdivision regualtions involving a duplex owned by Larry Melnick in the West Aspen Subdivision, Lot 40, Filing No.1. The proposal involves dividing the property into two IJnd i vided interests, to be owned as tenants in corrmon and to be governed ~y a use and occupancy agreement. The applicant is represented by Attorney, Tam Scott, who has provided the Planning Office sufficient information for us to find that utilities and improvements to the site ,~re in accordance with subdivision design standards specified in Section 20-17 of the Aspen Municipal Code, specifically that: 1. The property is on Sierra Vista Drive which complies with City specifications for road width and grade and is an accepted city street maintained by the City. 2. Utilities are provided to the site by the Aspen Water Department and the Aspen Sanitation District. 3. The subdivision in which the property is situated has been properly subdivided into Lots and Blocks and is surveyed in accordance with subdivision standards. 4. The lot and bulk requirements of the zone district have been met. The applicant's agent also represents that a 90 day right of first refusal has been given to the existing tenant who has lived there for two years. Reference is made to the Declaration, containing the right of first refusal. We have examined the Declaration and there is a 90 day right of first refusal as well as a six month rental restriction. The Planning Office reconmends that the Planning Corrmission approve the exemption from strict application of subdivision regulations as the proposed division is without the intents and purposes of that regulation inasmuch as improvements to the property have already been made which are in con- formance with subdivision design standards. Strict application of those standards would, therefore, be unnecessary. We find that there will be no adverse impact of this division on the public welfare or on the sur- rounding neighborhood. However, since it is the policy of this City that all exemption applications should be conditioned on compliance with housing objectives and should comply with the park dedication fee, we recommend you condition your approval on: '. ~ " '""",,1 I~emorandum Page Two ,June 3, 1977 1. Payment of the appropriate park dedication fee. 2. Restriction of use of the premises to a minimum of six month terms. 3. A non-assignable 90 day right of first refusal be given to the existing tenant to purchase the unit at market value. ~e suggest that you ask the City Attorney to review the declaration to ensure that the 90 day notice and six month restriction therein provided comply with Council's ordinance governing exemptions. If So, then record- ing of the Declaration can satisfy conditions # 2 and 3. 1mk . '. FITZHUGH SCOTT III ATTORNEY AT LAW 117 SOUTH SPRING STREET POST OFFICE BOX 1815 ASPEN. COLORADO 81611 TELEPHONE(3Q3l92!5.12t6 May 4, 1977 Aspen/Pitkin Planning Office 130 South Galena Street Aspen, Colorado 81611 Attn: Mr. Hal Clark Re: Declaration of Restrictions for Larry Melnick Duplex, Lot 40, West Aspen Subdivision, Filing No, 1 Dear Hal: Concerning the above item, I am enclosing the Declaration of Restrictions, together with an original and copy of a proposed Statement of Exemption. The property involved is situated within West Aspen Subdivision and is a duplex located upon a legally subdivided lot which Larry Melnick wishes to divide into two undivided interests, one of which he would continue to own and the other, hopefully, for sale in the near future, to his present tenant, The effect and use of the existing duplex would be no different as a result of this legal rearrangement, Respecting the pertinent design requirements which must be fulfilled pursuant to Section 20-17 of the Aspen City Code in order to entitle us to an exemption under Section 20-19 of the Code, I would advise as follows: 1. The subject property is on Sierra Vista Drive (Nos. 1410-1412) which is an accepted city street and complies with all the minimum classifica- tions respecting widths and grades. I, . Aspen/Pitkin Planning Office May 4, 1977 Page 2 2, Sierra Vista Drive is an accepted road by the City of Aspen which is surfaced and maintained by it at regular intervals, 3, The property is serviced by and connected to the City of Aspen Water Department and the Aspen Metropolitan Sanitation District. 4. All requirements of Section 20-17 of the Code of the City of Aspen relating to lot size are met, 5, The Declaration contains the Right of First Refusal with a 90 day notice period for the benefit of the tenant, As a matter of fact, Karen Troobnick is renting Unit No, 1 for the second year in a row under a written lease agreement with Larry Melnick, and they are currently discussing the possibility of her purchasing the unit. That's actually what prompted his interest in the conversion, Actually, I personally believe as Sandy Stuller does that Section 20-3(5) (8) specifically excludes this kind of "duplex conversion" from the definition and application of a subdivision, and that, technically speaking, an "exemption" under Section 20-19(b) is not required. However, discretion always being the better part of valor in matters of our mutual concern, I have decided to go along with the local game and, therefore, humbly and respectfully ask that you con- sider this matter an an official request for an exemption from subdivision, reviewing it and bringing it up before '. Aspen/Pitkin Planning Office May 4 1977 Page 3 Planning and Zoning for their consideration, as is provided for by the code, Please keep me advised, Yours very truly, ~ ~cott III FS/j eo encls, cc: Larry Melnick I I I N'34-",4"I"W - 1",:4,,- I I I I I I I I I 1 LIMnED COMMON bREA. UNIT~2. I L_ , I- Z " ~ " III ~ jl '" ~ ?: J F :J P i<l J(\ cQ t.IJ B ~ . t- 10 Z Co tfl t- Jil SE;...,. REBAR &: C6.P ill r- ~ ...- ...- /' ...-"'- /' /' /' '\~ ,.// .,' /'" ,,:;><-Jb ...-"'- ...- /' ...- ...- /' ...- "' ." // LIMnED COMMO'" .6.'RE:A lJl.,.Jil ..............., I\JCLUDE.".S 'fARD t:.r::<EA LYIN(;. t-JO_ '.....- (~ FCA'ST~RLY OF QD.~E.D UN~ FWO RE,B~& CAP ~ ~ \ y L ~ :.\ V %. L t\' 0" LlMliE.D COMMON ARE.A ut-JrT" \ 25.0' 22.\' PAllO;'" r' (.(() U\-J\,,"'t l' ;; 7.2.' '''' ill ~ ...,,' GboR.c.c.!;;- LIMI\EDCDN'IN1.0N ARE::6. U...:trT*1 DQIVf:=.W~Y ... in G'E.NE.RAL~~.A.:::~~-..-.!-&~-- =R66~ UMrTE-OC'..C)MMON AREA UN\\ "2 j\j us 5 :2 " o III :1:!ON r: u 'l:;" 0 C( 8- '{ o o~ 11 uJ r 'i J 20.0' ;0 .. Ro. "2'35.CX:>' L,"''2A7' UNI,-c, r: ;; 33.9"5' 8.45 <O:2.~ 2..,' . II Pb,"1'\O II:' ~ 2.2' 0.,' L\MIT~~~g~A~DE.t'R~~~:.~ SOU~WE.5"E.QL,,( --_____ OF Ot:l>.SI4E:.D L'N~ ----- ---- io '-"'-'0 "'''''''''''' "- ct.? N'2e'2I'oe"w 124,41' LDT-40. Wk'5T l'>..'5Pk-N 5lJBDIV\510N. FIRST FlUNG. Fl-JQ QEBt.R/l..CAP I, Harold W, Johnson (Johnson-Longfellow and Assoc,), a registered surveyor in the State of Colorado, do hereby certify that on the 24th day of March 1977, a one story duplex was found to be entirely within the boundaries of Lot 40, West Aspen Subdivision Filing No.1, as shown on the above plat, All easements or encroachments in evidence or known to me are as shown, The survey is true and correct to the best of my knowledge and belief, .::::PT"~A./. /J~-<- L' by Harold W ,~~son JOHNSON-LONGFELLOW & ASSOC, :\.-Q..\'!...~OIy.. ^-O.~:'6\5T'Il~'~Y r' ,..".... "D.lO ;!:. -.."'1--- . : : ~ {1: 90 1 8 :I}i' ~.~ ~.: "I; ..~A. .J.c. II .ft' "l) ,........ u:>- Sln""v...... 'A -, ~. " . 'TIE .....,~...' .---,: OF C"~~;;,,, Reception No. Recorded at -- 3: 56PM MJr( 10/ 1979 Loretta Banner -., .....,/ R,ecorder 214349 _368 "p,\(;l390 AGREEMENT LARRY p, rillLNICK, for himself, his heirs, executors, I administrators and assigns, hereby covenants with t.He'" ,1;(, '1 City of Aspen, Pitkin County, Colorado, that: 1. He is the owner of the following described property together with the improvements thereon: Lot 40, West Aspen Subdivision, Filing #2 2, The above described property shall be restricted to six (6) month minimum leases with no more than two (2) shorter tenancies in any calendar year, 3. In the event that any Owner desires to sell his interest in a Residence Unit to a third party (exclusive of a spouse, child, natural or adopted, or any other member of the Owner's immediate family by or otherwise) 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 any person currently renting such unit under a written, valid and effective lease agreement, there being no defaults thereunder of any sort on the part of such tenant, which said written 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, Such tenant shall have a period of ninety (90) days after the giving of such notice to purchase and acquire the interest of the selling Owner upon the terms and conditions and for the purchase price as set forth in said notice, If such tenant 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 same terms and conditions and for the price as set forth in said notice, further provided, however, that the other Owner shall likewise be entitled to the same right of first refusal and the right to exercise same within twenty (20) days after the expiration of the ......~- - .. ...".-(. _368 p^Gt.391 tenant's primary right, subject to all of the same conditions and exceptions as are aforesaid. In no case shall the right of first refusal reserved herein affect the right of an Owner to subject his interest in the property to a trust deed, mortgage or other security instrument, The right of first refusal as provided herein shall extend and run for the lives of LARRY p, MELNICK and his now living descendants, and the survivor of them, plus twenty-one years. In the event of any default on the part of any Owner under any first mortgage which entitles the holder thereof to foreclose same, 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 provisions of this paragraph, 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 Declaration. 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 this paragraph, but its grantee shall thereupon and thereafter be subject to all of the provisions thereof, If the Owner can establish to the satisfaction of the Board of Governors that a proposed transfer is not a sale, then such transfer shall not be subject to the provisions of this Article, Upon written request of any prospective purchaser, or other interested party, the non-selling Owner or tenant shall forthwith, or where time is specified, at the end of such time, issue a written and acknowledged certificate in recordable form, evidencing that proper notice was given by the selling Owner, and that the tenant or non-selling Owner did not elect to exercise his right of first refusal to purchase. -2- ,- '-' :)8oo,L30f M6-G 39/4 4. It shall be adequate proof of satisfaction of the foregoing paragraphs if a statement executed by an official of the City of Aspen is filed that the option/right of first refusal provisions have been met, 5, The covenants contained herein with respect to minimum lease terms (paragraph 2) are to run with the land and shall be binding on all parties and all persons claiming under them for a period of twenty (20) years from the date these covenants are recorded, after which time said covenants shall be automatically extended for successive periods of ten (10) years, unless an instrument signed by the City of Aspen and then record owners of the property has been recorded, agreeing to change said covenants in whole or in part or agreeing to release said covenants, IN WITNESS WHEREOF, this Agreement has been duly executed this \?J~ day of ~~'''L , 1979, L~ STATE OF COLORADO ) ) ss COUNTY OF~~~) this The foregoing instrument was ,,~~ day of ~~~,,'-- Witness my hand and official acknowledged before me , 1979 by Larry"l'..,k\elnick, .' "1, ".- "'. seal, , -',"':'t'" ~J.' c~~ My Commission expires: ?--,,~-~O' ,,;,, I ~~ :: C~'~~~ - Not~ PUbH~:'-' :,/ ' .~ ' -', ;"....... ,~ , . '.." >' -3- II' STATEMENT OF EXEMPTION Receptiop. No. Z14348 _368 I'ACt3~8 .Recorded at 3:55PM May'::: 1979 Loretta Banner Recorder ~ FROM THE DEFINITION OF SUBDIVISION WHEREAS, LARRY p, MELNICK is the owner o~ a,f.~rcel ." ;,'. ,.l... of land located in Pitkin County, Colorado, mo~e, particularly described as: Lot 40, West Aspen Subdivision, Filing #2; WHEREAS, there is one residential duplex located on said property, and, WHEREAS, applicant has requested an exemption from the definition of subdivision for the purpose of subdividing the duplex into two units, pursuant to his Declaration of Restrictions; WHEREAS, the Aspen Planning and Zoning Commission, at its meeting held September 19, 1978 determined that an exemption from the definition of subdivision is appropriate and recommended that the same be granted, and, WHEREAS, the City Council determined that the Declaration of Restrictions applied to the duplex is not within the intent and purpose of the subdivision ordinance set forth in Chapter 20 of the Aspen Municipal Code, THEREFORE, the City Council of Aspen, Colorado does hereby determine that the proposed subdivision of the duplex located on said property by its Declaration of Restrictions is not within the intents and purpose of the subdivision ordinance and does, for such reason grant an exemption from the definition of such action, PROVIDED, HOWEVER, that the foregoing exemption is conditioned upon compliance with the right of first refusal/ leasing restrictions as contained in the Agreement between applicant and the City of Aspen dated Dated this ~~~ay of c:2 December 11, 1978, / , 1979, Stac andley III, ~ ... ~ .~ ,.--".". , " _368 PAGl389 I, Kathryn S, Koch, do hereby certify that the foregoing Statement of Exemption from the Definition of Subdivision was considered and approved by the Aspen City Council at its regular meeting held ~~ II , 1979, at which time the Mayor, Stacy Standley III, was authorized to execute the same on behalf of the City of Aspen, (11;110'., ",~' ~F 4$;>"" [/':;;::" ..,..", {~':"'\ - - . "..{ E '" ... ~ : " .-< l'lt" ' : 1.:J .... J./.: .te~ itfi. -::: ". .::- ~:::;. "'. w.". ....,...' ...... C ~',' .,.......~ " . '" I~ : i'. l' .. .' ",'.-':.~, ." "..... / FITZHUGH SCOTT III ATTORNEY AT LAW 117 SOUTH SPRING STREET POST OFFICE BOX 1815 ASPEN. COL.ORADO 81611 TELEPHONE (303) 925.1216 April 18, 1979 Ronald W, Stock, Esq, City Attorney 130 South Galena Aspen, Colorado 81611 Re: Melnick duplex Dear Ron: Enclosed is an original executed Agreement, together with the original Statement of Exemption, Would you please take care of obtaining the Mayor's signature and the certificate of the City Clerk on the Statement of Exemption, Thank you. Yours very truly, /' ------------~ Fit~~cott III FS/jeo enc, cc: Larry Melnick n--' If-t t:.,/ , MEMORANDUM TO: Aspen City Council FROM: Richard Grice, Planning Office RE: Melnick Duplex-Subdivision Exemption DATE: December 6, 1978 This application requests exemption from the definition of sub- division for the purpose of condominiumization of a duplex owned by Mr, Larry Melnick which is located on Lot 40, West Aspen Subdivision, Fi1in9 No.1, The property involved is zoned R-15 and is located on a 1e9a11y subdivided lot which the owner wishes to divide into two undivided interests. He would continue to own and occupy Unit 2 and the other, according to the application, he hopes to sell in the near future to his present tenants. The application indicates that Karen Troobnick is the present tenant of Unit 1. Karen has rented this unit from the Melnicks for the past three years and at the present time pays a monthly rent of $500 per month, plus utilities. She has never had a written lease of any sort. She is the owner of Town and Country Antiques and Uniques in the Mill Street Station, This application was tabled at your October 23rd meeting due to some conflicting information. Karen indicated to Mark Danielsen that there was no way in which she could afford to purchase the unit at the current market price, ho~'ever, a letter was sent to City Council which was endorsed by Karen Troobnick in which she indicated that she had no objection whatsoever to Larry Melnick's request. That letter further stated that she did not want Mark Danielsen or the Planning Office memos to be taken as an objection on her part to the request when in fact, she felt that her ability or inability to purchase the unit should have nothing to do with City Council's decision to approve or disapprove the subdivision request. Mark Danielsen still is of the opinion that the application has not indicated minimum tenant displacement. Mark's recommendation for denial stands unless an amiable solution is reached between the Troobnicks and Mr. Melnick which results in a sales price which the tenants can afford. City Engineering has conducted a site inspection and reviewed the improvements survey and at this time recommends approval without condition. We understand that Larry Melnick and Karen Troobnick will be in attendance at this meeting next Monday. We hope that sometime prior to Monday the Troobni cks and ~1e 1 ni ck wi 11 reach an agreement between themselves. . ,',-r