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HomeMy WebLinkAboutLand use Case.300 S Spring St.0024.2009.ASLU 2 THE CITY OF ASPEN City of Aspen Community Development Department CASE NUMBER 0024.2009.ASLU • PARCEL ID NUMBER 2737 18 2 27 001 PROJECTS ADDRESS 300 S. SPRING ST PLANNER BEN GAGNON CASE DESCRIPTION VESTED RIGHTS REPRESENTATIVE SNOWMASS CORP DATE OF FINAL ACTION 06/09/09 CLOSED BY Angela Scorey on 06/26/2009 RECEPTION #: 561638. '04/2009 at 08:58:26 AM, 1 OF 3, R $16.00 Doc Code RESOLUTION Janice K. Vos Caudill, Pitkin County, CO RESOLUTION NO. 37-B (SERIES 2009) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, TO APPROVE AN EXTENSION OF VESTED RIGHTS GRANTED BY ORDINANCE NO. 16 SERIES OF 2006 BY THE CITY OF ASPEN CITY COUNCIL FOR THE PROPERTY COMMONLY DESCRIBED AS THE HANNAH DUSTIN PROPERTY, 300 S. SPRING STREET, LEGALLY DESCRIBED AS UNIT A, HANNAH DUSTIN SUBDIVISION, CITY OF ASPEN, PITON SOUNTY, COLORADO Parcel Identification Number 2731- 18 -2 -27 -001 WHEREAS, the Community Development Department received an application from the Snowmass Corporation, requesting an Extension of Vested Rights pursuant to Ordinance No. 16, Series of 2006; and WHEREAS, The Aspen City Council adopted Ordinance No. 16, Series of 2006, which approved the Hannah Dustin Subdivision, and awarded Vested Property Rights status for two free market residential units, three deed - restricted affordable housing units and 2,440 square feet of office space, until July 31, 2009; and, WHEREAS, the applicant submitted the application for a three (3) year Extension of Vested Rights before the vested rights expired in 2009; and, WHEREAS, pursuant to Section 26.308.010 Vested Property Rights of the Land Use Code, City Council may grant an Extension of Vested Rights after a public hearing is held and a resolution is adopted; and, WHEREAS, the Community Development Director has reviewed the application and recommended an approval for a one (1) year Extension of Vested Rights rather than a three (3) year Extension of Vested Rights, for Unit A (Commercial Phase) of the Hannah Dustin Subdivision; and WHEREAS, the Aspen City Council has reviewed and considered an Extension of Vested Rights for Unit A (Commercial Phase) of the Hannah Dustin Subdivision under the provisions of the Municipal Code as identified herein, has reviewed and considered the recommendation of the Community Development Director, and has taken and considered public comment at a public hearing; and, WHEREAS, the City Council fmds that a three (3) year Extension of Vested Rights proposal is not consistent with the applicable land use standards; however, a two (2) year Extension of Vested Rights is consistent with the applicable land use standards; and, WHEREAS, the City Council finds that this resolution furthers and is necessary for the promotion of public health, safety, and welfare. NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF ASPEN COUNCIL AS FOLLOWS: Section 1: Pursuant to the procedures and standards set forth in Section 26 of the City of Aspen Municipal Code, the City Council hereby approves a two (2) year Extension of Vested Rights for Unit A of the Hannah Dustin Subdivision that was approved by Ordinance No. 16, Series of 2006 by the Aspen City Council, with the new vested rights expiration date of July 31, 2011, with the following conditions: 1. That the establishment herein of a vested property right shall not preclude the application or regulations which are general in nature and are applicable to all property subject to the land use regulation by the City of Aspen including, but not limited to, building, fire, plumbing, electrical, and mechanical codes, and all adopted impact fees that are in effect at the time of building permit, unless an exemption granted in writing. Section 2: The building, 300 Spring Street, is required to provide water curtain protection for the building's openings on the east side of the building as well as sprinkler protection for any room within the building that includes an exterior wall on the east side of the building. This measure provides interim fire protection between the subject building and the building known as 707 E. Hyman Avenue until a comprehensive fire protection system for the building can be installed. The initial installation's design, or city- approved alternative fire suppression method, shall be completed by July 10, 2009, or the extension of vested rights granted within this resolution shall become null and void. The installation of the approved design shall be completed by October 9, 2009, or the extension of vested rights granted within this resolution shall become null and void. A NFPA fire sprinkler system, or city- approved alternative system, shall be installed and completed throughout the building by the expiration date of the vested rights in the event a building permit is not issued. If a building permit is issued, the system shall be installed before the issuance of a Certificate of Occupancy. Section 3: The date upon which vested rights expire according to this resolution will be July 31, 2011, which will be considered the "Commencement Deadline" as described in the Second Amendment to Subdivision Agreement for the Hannah Dustin Subdivision, approved by Aspen City Council as Resolution No. 13, Series of 2009. Section 4: All material representations and commitments made by the Applicant pursuant to the development proposal approvals as herein awarded, whether in public hearing or documentation presented before the City Council, are hereby incorporated in such plan development approvals and the same shall be complied with as if fully set forth herein, unless amended by an authorized entity. Section 5: This resolution shall not affect any existing litigation and shall not operate as an abatement of any action or proceeding now pending under or by virtue of the resolutions repealed or amended as herein provided, and the same shall be conducted and concluded under such prior resolutions. Section 6: If any section, subsection, sentence, clause, phrase, or portion of this resolution is for any reason held invalid or unconstitutional in a court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and shall not affect the validity of the remaining portions thereof. Section 7: A public hearing on this resolution was held the 8 day of June, 2009, in the City Council Chambers, 130 S. Galena, 15 days prior to which public notice was published in a newspaper of general circulation within the City of Aspen. FINALLY adopted, passed and approved this 8 day of June, 2009 by a 5 -0 vote. Michael C. Ireland, Mayor Attes r i Kathryn S. KI , City Clerk Approved . s to form: (- Sohn P. Worcester, City Attorney X b• MEMORANDUM TO: Mayor Ireland and Aspen City Council FROM: Ben Gagnon, Special Projects Planner' THRU: Jennifer Phelan, Community Development Deputy Director DATE OF MEMO: June 1 2009 MEETING DATE: June 8` 2009 RE: 300 S. Spring St. Unit A, Hannah Dustin Subdivision — Extension of Vested Rights Public Hearing of Resolution No.Jeries of 2009 SUMMARY: CURRENT ZONING & USE The Applicant requests City Council Located in the Mixed Use (MU) zone district. approve an extension of vested rights of an approval to build the Commercial PROPOSED LAND USE: Phase of the Hannah Dustin project, The Applicant proposes an extension of vested including 2,440 square feet of office rights for three (3) years. space and one Category 2 affordable housing unit. STAFF RECOMMENDATION: Staff recommends denial of the proposed APPLICANT /OWNER: three -year extension of vested rights. However, The Snowmass Corporation staff supports a compromise in the form of a one -year extension of vested rights. REPRESENTATIVE: David Myler Esq. LOCATION: 300 S. Spring Street.; Legal Description — Unit A, Hannah Dustin Subdivision; Parcel Identification Number — 2737- 18 -2 -27 -001 LAND USE REQUEST AND REVIEW PROCEDURES: The applicant is requesting the following land use approvals from the City Council: • Extension of Vested Rights The City Council may by resolution at a public hearing noticed by publication, mailing and posting [see section 26.308.010(B)] approve an extension of vested rights in accordance with this section. City Council is the final review authority who may approve or deny the proposal. PROJECT SUMMARY: The Hannah Dustin Subdivision was approved by Ordinance No. 16, Series of 2006, which allowed for the development of two free market units, three Category 2 affordable housing units and 2,440 square feet of office space at the Hannah Dustin building. This approval was vested for a period of three (3) years from the date when the Development Order was issued, on July 31, 2006. The vesting period allows a developer to build what was approved without having to meet any regulation changes that may occur during the vesting period. The time period also protects the municipality by ensuring that an approved development is constructed in a timely manner -- or the development is required to meet regulation changes after the vesting period has expired. Several significant events related to the construction of the Hannah Dustin project have occurred since it was approved in June 2006. As typically occurs, a Subdivision Agreement was adopted in September 2006, specifying the various required public improvements ranging from affordable housing to fee payments, drainage plans etc. An Amendment to the Subdivision Agreement was adopted in November 2006 that split construction into two phases: The Residential Phase /Unit B (two free market units and two affordable housing units) and the Commercial Phase /Unit A (2,440 sq. ft. of office space and one affordable housing unit). The splitting of phases accommodated the sale of the Commercial Phase /Unit A to the Snowmass Corporation. Residential Phase/Unit 13 Commercial Phase/Unit A Two Free Market Units One Category 2 Unit Two Category 2 Units 2,440 sq. ft. Office Space 10 -unit underground garage Part of the intent of the November 2006 Amendment to the Subdivision Agreement was to assure that when one phase of the project is being built, the other phase would be completed soon thereafter. The Amendment to the Subdivision Agreement stated that one phase of the project would be granted a Certificate of Occupancy only if the other phase of the project had been issued a building permit and was 50% complete i.e. had received a framing inspection approval. The Residential Phase/Unit B obtained a building permit in 2007 and construction has been ongoing since then. In order to get a Final Certificate of Occupancy for the Residential Phase /Unit B, a building permit would have to be issued for the Commercial Phase/Unit A, and work would have to be 50% complete. Last summer and fall, the Snowmass Corporation worked with the Building Department to obtain a building permit for the Commercial Phase/Unit A, which could be issued at any time. However, when the global economy slid into recession during the past six months, the Snowmass Corporation determined that "it was not ... prudent to commence construction," according to a letter from representative David Myler. As a result, the Snowmass Corporation asked for a Second Amendment to the Subdivision Agreement. Approved by City Council as Resolution No. 13 on February 23, 2009, the Second Amendment to the Subdivision Agreement effectively lays out the terms by which Snowmass Corporation would apply for a three -year extension of vested rights. At the same time, Resolution No. 13 assures that the third affordable housing unit will be provided either on -site or elsewhere, by requiring a $500,807 letter of credit from Snowmass Corporation. If Snowmass Corporation obtains a building permit before the July 31, 2009 expiration of its vested rights, the $500,807 letter of credit would be reduced by 25% when a framing inspection of the Commercial Phase/Unit A is approved (when the project is 50% complete) The balance of the letter of credit would be released if Snowmass Corporation obtains a Certificate of Occupancy (C.O.) within two years of receiving the building permit. If a C.O. is not issued before the two -year period, the City would retain the balance of the deposit. If the current vested rights period is extended to July 31, 2012, and if Snowmass Corporation obtains a building permit before July 31, 2012, the same arrangement would apply: The $500,807 letter of credit would be reduced by 25% when a framing inspection of the Commercial Phase/Unit A is approved (at 50% completion of the project) — and the balance of the letter of credit would be released if Snowmass Corporation obtains a Certificate of Occupancy within two years of receiving the building permit. Snowmass Corporation has recently delivered the $500,807 irrevocable letter of credit to the City of Aspen. The only scenario in which the City of Aspen would convert the $500,807 letter of credit into cash is if Snowmass Corporation fails to obtain a building permit before its vested rights expire — whether that occurs under the current schedule on July 31, 2009, or on July 31, 2012, if Council chooses to extend the vested rights until that date. If Snowmass Corporation fails to obtain a building permit before its vested rights expire and the City converts the letter of credit to cash, Snowmass Corporation would still be able to obtain a building permit for the Commercial Phase/Unit A — but would be subject to the Land Use Code requirements in place when Snowmass Corporation applies for the building permit. Section 5 of the Second Amendment of the Subdivision Agreement addresses this scenario. Titled "Housing Mitigation Credit," Section 5 would allow Snowmass Corporation to apply some or all of the $500,807 to pay for any new mitigation that may be required if the Land Use Code is changed after the vested rights expire and before Snowmass Corporation applies for a building permit. Although Section 5 allows for Snowmass Corporation to request that some or all of the $500,807 be used in this manner — "the City is under no obligation to issue any credit," according to the agreement. STAFF COMMENTS: The fundamental question before City Council is one of timing. Does the Council acknowledge the applicant's desire to delay construction due to the weak financial climate, or does the Council wish to see the Commercial Phase constructed as soon as possible? In terms of the third affordable housing unit required as mitigation — it will either be delivered in the form of $500,807, or as a third affordable housing unit in the Commercial Phase. The fundamental question is: When will the mitigation be provided? If the Council extends the applicant's vested rights for three years, the third of three affordable housing units would either be built and ready to occupy by July 31, 2014 — or the City would get $500,807 at that time to provide an affordable housing unit elsewhere. If the Council does not extend the applicant's vested rights, the third of three affordable housing units would be built and ready to occupy by July 31, 2011 -- or the City would get $500,807 at that time to provide an affordable housing unit elsewhere. From the City's perspective, staff prefers to see the affordable housing unit constructed sooner rather than later, particularly since the three affordable housing units were mitigation for the free market residential units in the Residential Phase, which has obtained a Conditional Certificate of Occupancy and is expected to obtain a final C.O. by mid -June. The criteria for evaluating an application for extension of vested rights includes weighing "the needs of the city and the applicant ..." (emphasis added; please see Exhibit A.) With a substantial amount of empty office space available for lease in the downtown area, staff understands why Snowmass Corporation does not want to proceed with the Commercial Phase of the project. However, staff must weigh the need to mitigate for free market units that are already completed against the desire of the applicant to delay construction in the hope that the economy improves. The First Amendment to the Subdivision Agreement purposefully ties the two phases of the project close together in time. The Second Amendment to the Subdivision Agreement outlines the terms of a potential extension of vested rights, but does not explicitly endorse such an extension. Staff believes that criterium d) under Section 26.308.010(C)1 Extension or Reinstatement of Vested Rights, which asks whether the "needs of the City ... would be served" intentionally allows for some discretion in rendering a decision on extending vested rights. • Staff's opinion is that "the needs of the city" would not be served by granting a three -year extension of vested rights, which could result in mitigation being provided five years after the impact is created. In addition, criterium c) under Section 26.308.010(C)1 asks the Council to address "The nature and extent of any benefits already received by the City as a result of the project approval such as impact fees or land dedications." Staff finds that the City has not "already received" the full extent of the benefits required in Ordinance No. 16, Series of 2006, and under an extension of vested rights, might not receive those full benefits until July 31, 2014. However, staff is cognizant of the difficult economic times, and would support a one -year extension of vested rights. Included with this memo are two Resolutions, one would approve a three -year extension of vested rights as requested by the applicant and the alternative resolution would approve a one -year extension of vested rights as recommended by staff. RECOMMENDATION: Staff recommends denial of a three -year extension of vested rights, but asks Council to consider a one -year extension, as outlined in Resolution No. J -B. CITY MANAGER'S COMMENTS: RECOMMENDED MOTION: "I move to adopt Resolution No. 5 Series of 2009, with conditions." ATTACHMENTS: Exhibit A — Staff Findings Exhibit B — Application Exhibit C — Ordinance No. 16, Series of 2006 Exhibit D — Subdivision Agreement Exhibit E — First Amendment to Subdivision Agreement Exhibit F — Second Amendment to Subdivision Agreement Y¢d EXHIBIT G MEMORANDUM • To: Mayor Ireland and Aspen City Council FROM: Jennifer Phelan, Deputy Planning Directo j RE: 300 S. Spring St., Fire Protection Issue DATE: June 8, 2009 Today, city council will be considering a request on behalf of the Snowmass Corporation for an extension of vested rights. As outlined in the staff memo to council, the property is approved for redevelopment as a mixed -use project. Approved development for the site includes: a new building containing two free - market residences and two affordable housing units as well as an addition to the existing commercial building containing new commercial and an affordable housing unit. This approved development has been divided into two components: the residential phase (new building) and the commercial phase (existing building with addition). The residential phase is complete and the applicant is requesting a longer timeline to complete the commercial phase. As a result of the potential delay of the development of the commercial phase, the Building Department is concerned with fire separation between the two buildings on the site. 300 S. Spring contains openings (doorways and windows) on the east side of the building that do not meet building code for permitted openings with the development of the residential phase. This fire separation issue was anticipated to be handled with the remodel and redevelopment of the commercial phase; however, with the potential delay of the commercial phase, the building department is requesting an interim measure to address fire separation requirements of the International Building Code. Following is a condition (condition 2) that should be included with Resolution No. 37 (Series of 2009) to address interim fire protection. Condition 2. The building, 300 Spring Street, is required to provide water curtain protection for the building's openings on the east side of the building as well as sprinkler protection for any room within the building that includes an exterior wall on the east side of the building. This measure provides interim fire protection between the subject building and the building known as 707 E. Hyman Avenue until a comprehensive fire protection system for the building can be installed. The initial installation's design, or city approved alternative fire suppression method, shall be completed by July 10, 2009, or the extension of vested rights granted within this resolution shall become null and void. The installation of the approved design shall be completed by October 9, 2009, or the extension of vested rights granted within this resolution shall become null and void. A NFPA 13 fire sprinkler system, or city approved alternative system, shall be installed and completed throughout the building by the expiration date of the vested rights in the event a building permit is not issued. If a building permit is issued, the system shall be installed before issuance of the Certificate of Occupancy. RESOLUTION NO. A (SERIES 2009) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, TO APPROVE AN EXTENSION OF VESTED RIGHTS GRANTED BY ORDINANCE NO. 16 SERIES OF 2006 BY THE CITY OF ASPEN CITY COUNCIL FOR THE PROPERTY COMMONLY DESCRIBED AS THE HANNAH DUSTIN PROPERTY, 300 S. SPRING STREET, LEGALLY DESCRIBED AS UNIT A, HANNAH DUSTIN SUBDIVISION, CITY OF ASPEN, PITKIN COUNTY, COLORADO Parcel Identification Number 2735- 18 -2 -27 -001 WHEREAS, the Community Development Department received an application from the Snowmass Corporation, requesting an Extension of Vested Rights pursuant to Ordinance No. 16, Series of 2006; and WHEREAS, The Aspen City Council adopted Ordinance No. 16, Series of 2006, which approved the Hannah Dustin Subdivision, and awarded Vested Property Rights status for two free market residential units, three deed - restricted affordable housing units and 2,440 square feet of office space, until July 31, 2009; and, WHEREAS, the applicant submitted the application for a three (3) year Extension of Vested Rights before the vested rights expired in 2009; and, WHEREAS, pursuant to Section 26.308.010 Vested Property Rights of the Land Use Code, City Council may grant an Extension of Vested Rights after a public hearing is held and a resolution is adopted; and, WHEREAS, the Community Development Director has reviewed the application and recommended an approval for a one (1) year Extension of Vested Rights rather than a three (3) year Extension of Vested Rights, for Unit A (Commercial Phase) of the Hannah Dustin Subdivision; and WHEREAS, the Aspen City Council has reviewed and considered an Extension of Vested Rights for Unit A (Commercial Phase) of the Hannah Dustin Subdivision under the provisions of the Municipal Code as identified herein, has reviewed and considered the recommendation of the Community Development Director, and has taken and considered public comment at a public hearing; and, WHEREAS, the City Council finds that a three (3) year Extension of Vested Rights proposal is consistent with the applicable land use standards; and, WHEREAS, the City Council finds that this resolution furthers and is necessary for the promotion of public health, safety, and welfare. NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF ASPEN COUNCIL AS FOLLOWS: Section 1: Pursuant to the procedures and standards set forth in Section 26 of the City of Aspen Municipal Code, the City Council hereby approves a three (3) year Extension of Vested Rights for Unit A of the Hannah Dustin Subdivision that was approved by Ordinance No. 16, Series of 2006 by the Aspen City Council, with a new vested rights expiration date of July 31, 2012, with the following conditions: 1. That the establishment herein of a vested property right shall not preclude the application or regulations which are general in nature and are applicable to all property subject to the land use regulation by the City of Aspen including, but not limited to, building, fire, plumbing, electrical, and mechanical codes, and all adopted impact fees that are in effect at the time of building permit, unless an exemption granted in writing. Section 2: The date upon which vested rights expire according to this resolution is July 31, 2012, which will be considered the "Commencement Deadline" as described in the Second Amendment to Subdivision Agreement for the Hannah Dustin Subdivision, approved by Aspen City Council as Resolution No. 13, Series of 2009. Section 3: All material representations and commitments made by the Applicant pursuant to the development proposal approvals as herein awarded, whether in public hearing or documentation presented before the City Council, are hereby incorporated in such plan development approvals and the same shall be complied with as if fully set forth herein, unless amended by an authorized entity. Section 4: This resolution shall not affect any existing litigation and shall not operate as an abatement of any action or proceeding now pending under or by virtue of the resolutions repealed or amended as herein provided, and the same shall be conducted and concluded under such prior resolutions. Section 5: If any section, subsection, sentence, clause, phrase, or portion of this resolution is for any reason held invalid or unconstitutional in a court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and shall not affect the validity of the remaining portions thereof. Section 6: A public hearing on this resolution was held the 8` day of June, 2009, in the City Council Chambers, 130 S. Galena, 15 days prior to which public notice was published in a newspaper of general circulation within the City of Aspen. FINALLY adopted, passed and approved this 8` day of June, 2009 by a vote. Michael C. Ireland, Mayor Attest: Kathryn S. Koch, City Clerk Approved as to form: John P. Worcester, City Attorney RESOLUTION NO3713 (SERIES 2009) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, TO APPROVE AN EXTENSION OF VESTED RIGHTS GRANTED BY ORDINANCE NO. 16 SERIES OF 2006 BY THE CITY OF ASPEN CITY COUNCIL FOR THE PROPERTY COMMONLY DESCRIBED AS THE HANNAH DUSTIN PROPERTY, 300 S. SPRING STREET, LEGALLY DESCRIBED AS UNIT A, HANNAH DUSTIN SUBDIVISION, CITY OF ASPEN, PITKIN COUNTY, COLORADO Parcel Identification Number 2735- 18 -2 -27 -001 WHEREAS, the Community Development Department received an application from the Snowmass Corporation, requesting an Extension of Vested Rights pursuant to Ordinance No. 16, Series of 2006; and WHEREAS, The Aspen City Council adopted Ordinance No. 16, Series of 2006, which approved the Hannah Dustin Subdivision, and awarded Vested Property Rights status for two free market residential units, three deed - restricted affordable housing units and 2,440 square feet of office space, until July 31, 2009; and, WHEREAS, the applicant submitted the application for a three (3) year Extension of Vested Rights before the vested rights expired in 2009; and, WHEREAS, pursuant to Section 26.308.010 Vested Property Rights of the Land Use Code, City Council may grant an Extension of Vested Rights after a public hearing is held and a resolution is adopted; and, WHEREAS, the Community Development Director has reviewed the application and recommended an approval for a one (1) year Extension of Vested Rights rather than a three (3) year Extension of Vested Rights, for Unit A (Commercial Phase) of the Hannah Dustin Subdivision; and WHEREAS, the Aspen City Council has reviewed and considered an Extension of Vested Rights for Unit A (Commercial Phase) of the Hannah Dustin Subdivision under the provisions of the Municipal Code as identified herein, has reviewed and considered the recommendation of the Community Development Director, and has taken and considered public comment at a public hearing; and, WHEREAS, the City Council finds that a three (3) year Extension of Vested Rights proposal is not consistent with the applicable land use standards; however, a one (1) year Extension of Vested Rights is consistent with the applicable land use standards; and, WHEREAS, the City Council finds that this resolution furthers and is necessary for the promotion of public health, safety, and welfare. NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF ASPEN COUNCIL AS FOLLOWS: Section 1: Pursuant to the procedures and standards set forth in Section 26 of the City of Aspen Municipal Code, the City Council hereby approves a one (1) year Extension of Vested Rights for Unit A of the Hannah Dustin Subdivision that was approved by Ordinance No. 16, Series of 2006 by the Aspen City Council, with the new vested rights expiration date of July 31, 2010, with the following conditions: 1. That the establishment herein of a vested property right shall not preclude the application or regulations which are general in nature and are applicable to all property subject to the land use regulation by the City of Aspen including, but not limited to, building, fire, plumbing, electrical, and mechanical codes, and all adopted impact fees that are in effect at the time of building permit, unless an exemption granted in writing. Section 2: The date upon which vested rights expire according to this resolution will be July 31, 2010, which will be considered the "Commencement Deadline" as described in the Second Amendment to Subdivision Agreement for the Hannah Dustin Subdivision, approved by Aspen City Council as Resolution No. 13, Series of 2009. Section 3: All material representations and commitments made by the Applicant pursuant to the development proposal approvals as herein awarded, whether in public hearing or documentation presented before the City Council, are hereby incorporated in such plan development approvals and the same shall be complied with as if fully set forth herein, unless amended by an authorized entity. Section 4: This resolution shall not affect any existing litigation and shall not operate as an abatement of any action or proceeding now pending under or by virtue of the resolutions repealed or amended as herein provided, and the same shall be conducted and concluded under such prior resolutions. Section 5: If any section, subsection, sentence, clause, phrase, or portion of this resolution is for any reason held invalid or unconstitutional in a court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and shall not affect the validity of the remaining portions thereof. Section 6: A public hearing on this resolution was held the 8 day of June, 2009, in the City Council Chambers, 130 S. Galena, 15 days prior to which public notice was published in a newspaper of general circulation within the City of Aspen. FINALLY adopted, passed and approved this 8 day of June, 2009 by a vote. Michael C. Ireland, Mayor Attest: Kathryn S. Koch, City Clerk Approved as to form: John P. Worcester, City Attorney Exhibit A Review Criteria & Staff Findings 26.308.010(C)1 Extension or Reinstatement of Vested Rights. The City Council may by resolution at a public hearing noticed by publication, mailing and posting approve an extension or reinstatement of expired vested rights or a revoked development order in accordance with this Section. 1. In reviewing a request for the extension or reinstatement of vested rights, the City Council shall consider, but not limited to, the following criteria: a. The applicant's compliance with any conditions requiring performance prior to the date of application for extension or reinstatement. Staff Finding: All fees have been paid and most public improvements have been completed as required under Ordinance No. 16, Series of 2006, with regard to work on the Residential Phase /Unit B. The Building Department has issued a conditional Certificate of Occupancy (CO) for the Residential Phase/Unit B. The conditions of approval include a series of minor corrections that must be completed before a CO is issued. All required public improvements will have been completed before a Final CO is issued. However, the record indicates that the three affordable housing units required under Ordinance No. 16, Series of 2006, were to mitigate the residential free market units that are nearing completion in the Residential Phase. While two affordable housing units are also nearing completion in the Residential Phase, the third is to be built as part of the Commercial Phase. Due to this condition, the City has required Snowmass Corporation to provide a $500,807 irrevocable letter of credit, so that a similar housing unit could be provided elsewhere if Snowmass Corporation does not obtain a building permit for the Commercial Phase before its vested rights expire. For this reason, staff finds this criterium has been met. b. The progress made in pursuing the project to date including the effort to obtain any other permits, including a building permit and the expenditures made by the applicant in pursuing the project. Staff Finding: Snowmass Corporation has gone through the building permit process with the Building Department for the Commercial Phase, and may obtain such a permit at virtually any time. Snowmass Corporation has chosen not to obtain the building permit due to economic conditions. Staff finds this criterium has been met. c. The nature and extent of any benefits already received by the City as a result of the project approval such as impact fees or land dedications. Staff Finding: The three affordable housing units required in Ordinance No. 16, Series of 2006, were mitigation for the two residential free market units that are soon to be completed. Under an extension of vested rights, the third of these affordable housing units might not be ready for occupation until July 31, 2014. Staff finds this criterium has not been met. d. The needs of the City and the applicant that would be served by the approval of the extension or reinstatement request. Staff Finding: If the Council extends the applicant's vested rights for three years, the third of three affordable housing units would either be built and ready to occupy by July 31, 2014 — or the City would get $500,807 at that time to provide an affordable Housing unit elsewhere. If the Council does not extend the applicant's vested rights, the third of three affordable housing units would be built and ready to occupy by July 31, 2011 -- or the City would get $500,807 at that time to provide an affordable Housing unit elsewhere. This application for an extension of vested rights is apparently based on the applicant's concern about current economic conditions. When the global economy slid into recession during the past six months, the Snowmass Corporation determined that "it was not ... prudent to commence construction," according to a letter from representative David Myler. Staff believes the city's need for affordable housing, in this case to mitigate for two free market residential units that will be completed within a matter of weeks, outweighs the needs of the applicant to wait and see if the economic climate improves. The fact that the economy is in a poor condition does not alleviate the applicant of the underlying responsibility to mitigate for a project's impacts. The strength or weakness of the national /global economy is part of the fundamental risk and reward for any developer, and not a condition that local government is responsible to ameliorate. Staff finds this criterium has not been met. 2. An extension or reinstatement may be in the, form of a written agreement duly authorized and executed by the applicant and the City. Reasonable conditions may be imposed by the City Council including, but not limited to, compliance with any amendments to this Title adopted subsequent to the effective date of the development order and associated vested rights. Staff Finding: This is not a criteria, but outlines an option for City Council to impose conditions on an extension of vested rights. Staff is recommending denial of the extension of vested rights. E tAi 3 E THE MYLER LAW FIRM, P.C. DAVID J. MYLER' A Colorado Professional Corporation TELEPHONE ROBYN J. MYLER' 2' (970) 927-0456 FACSIMILE ADMITTED M CO', NY', CT' 211 MIDLAND AVENUE (970) 927 -0374 EMAILS SUITE 201 dmyler@mylerlawpc.com BASALT, COLORADO 81621 rmyler @mylerlawpc.com RHONDA E. NEFF, LEGAL ASSISTANT mefr @mylerlawpc com CONNIE A. WOOD, LEGAL ASSISTANT ewood @mylerlawpc com March 25, 2009 Aspen City Council 130 South Galena Street Aspen, CO 81611 RE: Application for Extension of Vested Rights for Construction of Commercial Phase of Hannah Dustin Subdivision Ladies and Gentlemen: Pursuant to Ordinance No. 16, Series of 2006, the City Council approved a mixed use development known as Hannah Dustin. The project consists of a Residential Phase and a Commercial Phase. The Residential Phase contains two (2) free market units, two (2) deed restricted units and ten (10) underground parking spaces, eight (8) of which are to be available for use by the owners or tenants of the Commercial Phase. The Commercial Phase consists of 2,440 square feet of office space and one (1) deed restricted unit. In 2006, the initial developer conveyed the parcels on which the Residential Phase and the Commercial Phase are to be developed to separate developers. Hyman Street Brownstones, LLC purchased the property on which the Residential Phase was to be developed and the Snowmass Corporation purchased the property on which the Commercial Phase was to be developed. Contemplating that the phases would not be undertaken and completed simultaneously, but recognizing that certain community benefits (in particular, affordable housing and structured parking) for the entire project were located in each of the phases, the owners and the City amended the initial Subdivision Agreement to provide that a Certificate of Occupancy for one phase would not be issued until the other phase was at least 50% complete and that the owner of the incomplete phase was able to provide evidence of financing sufficient to complete that phase. The Residential Phase, including two (2) affordable housing units and all of the underground parking, is nearing completion. However, the Snowmass Corporation has not been able to begin construction of the Commercial Phase and, thus, will not be able to satisfy the 50% completion requirement by the time that the Residential Phase will be eligible for a Certificate of Occupancy. The Snowmass Corporation spent several months last summer and fall processing its application for a building permit. The process was substantially delayed in order to work with the THE MYLER LAW FIRM, P.C. Aspen City Council March 25, 2009 Page 2 Building Department to redesign significant elements of the office addition to accommodate new requirements and requests relating to handicap access. That process has been completed and the Building Department is prepared to issue a permit for construction of the Commercial Phase at any time. In addition, Snowmass Corporation obtained, last fall, a commitment from Bank of America for construction financing sufficient to complete the Commercial Phase. Snowmass Corporation was prepared to commence construction with the expectation that they could achieve 50% completion prior to the time that the Residential Phase would be eligible for a Certificate of Occupancy when the financial climate began to change for the worse. Although the financing remains available, it was not considered prudent to commence construction last fall or at the present. The Subdivision Agreement was amended in February 2009 to obtain additional time to commence and complete the Commercial Phase in order to better understand the economic situation, while at the same time removing obstacles to the issuance of a Certificate of Occupancy for the Residential Phase. A new deadline for commencement of the Commercial Phase was created. In addition, Snowmass Corporation provided a cash deposit in the amount of $500,807.25, which can be replaced with an irrevocable letter of credit. The deposit will be forfeited if the Snowmass Corporation does not commence construction of the Commercial Phase, including a two- bedroom Category II affordable housing unit, by July 31, 2009. The amount of the deposit is equal to the cash -in -lieu fee for the number of employees to be housed by the Commercial Phase and, thus, will provide the City with the full mitigation required by the project if the Commercial Phase is not constructed. Snowmass Corporation fully intends to begin construction of the Commercial Phase as soon as financial and market conditions permit. Pursuant to the Second Amendment to Subdivision Agreement, if we begin before the deadline, the deposit will be refunded. If not, the deposit will be forfeited. In short, Snowmass Corporation is attempting to achieve some flexibility in determining when to begin its project and, at the same time, to provide financial assurances that the project's mitigation requirements will be satisfied. We do not perceive that the City has any risk. Two (2) of the three (3) affordable housing units and all ten (10) of the parking spaces are complete. The third affordable housing unit will be constructed when the Commercial Phase is completed and, in the meantime, the City has an adequate financial assurance that the project's housing mitigation requirements will be satisfied even if the Commercial Phase is not constructed. An important aspect of flexibility in this case is the extension of the current vested rights period from July 31, 2009 to July 31, 2012. A three -year extension will afford the opportunity to gain a better understanding of market conditions in order that there will be a reasonable likelihood of attracting new tenants to the new space once it is completed. It is not in the best interest of either • THE MYLER LAW FIRM, P.C. Aspen City Council March 25, 2009 Page 3 Snowmass Corporation or the City for the space to be vacant for too long. We would greatly appreciate your willingness to accommodate this request. Very truly yours, THE MYLER L:_ FIRM, P.C. By: David J. Myler P312 yhi t'+ - s ORDINANCE NO. 16 (SERIES OF 2006) AN ORDINANCE OF THE CITY OF ASPEN CITY COUNCIL APPROVING WITH CONDITIONS THE HANNAH DUSTIN BUILDING SUBDIVISION TO ADD 2,440 SQUARE FEET OF NET LEASABLE SPACE, TWO FREE MARKET RESIDENTIAL UNITS, AND THREE AFFORDABLE HOUSING UNITS TO THE PROPERTY LOCATED AT 300 SOUTH SPRING STREET, CITY OF ASPEN, PITKIN COUNTY, COLORADO. Parcel ID: 2737-182-27-001 WHEREAS, the Community Development Department received an application from Hyman Avenue Holdings, LLC, represented by Stan Clauson Associates, LLC, requesting approval of subdivision, various growth management reviews, commercial design review, and condominiunization to add 2,440 square feet of net leasable space, two (2) free - market residential units, and three (3) affordable housing units to the Hannah - Dusting Building located at 300 S. Spring Street; and, WHEREAS, the subject property contains 12,000 square feet andis zoned MU (Mixed Use); and, WHEREAS, upon review of the application, and the applicable code standards, the Community Development Department recommended approval, with conditions, of the proposed subdivision and associated land use requests; and, WHEREAS, during a public heating on April 4, 2006, the Planning and Zoning Commission approved Resolution No. 09, Series of 2006, by a six to zero (6-0) vote, approving a growth management review for expansion of mixed use development, a growth management review for &tee- market residential units within a mixed use development, a growth management review for affordable housing, commercial design review, a commercial design standard variance, special review to vary the utility/trash/recycling area, and recommending that City Council approve with conditions, the proposed Subdivision and condominiumization to add 2,440 square feet of net leasable space, two (2) free - market residential units, and three (3) affordable housing units to the Hannah - Dusting Building located at 300 S. Spring Street; and, WHEREAS, the Aspen City Council has reviewed and considered the development proposal under the applicable provisions of the Municipal Code as identified herein; and, WRRREAS, the Aspen City Council finds that the development proposal meets or exceeds all applicable development standards and that the approval of the development proposal, with conditions, is consistent with the goals and elements of the Aspen Area Community Plan; and, WHEREAS, the Planning and Zoning Commission finds that this resolution furthers and is necessary for the promotion of public health, safety, and welfare. 11111 � 11 II 11It 11I I1�11 I NI 10 11 II 11 0 0 9 623/ 0 0.00 : COUNTY CO R 05 P313 NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF ASPEN CITY COUNCIL AS FOLLOWS: Section is • - Pursuant to the procedures and standards set forth in Section 26 of the City of Aspen Municipal • Code, (and whereas the Planning and Zoning Commission approved with conditions, a growth management review for expansion of mixed use development, a growth management review for &ee- market residential units within a mixed use development, a growth management review for affordable housing, commercial design review, a commercial design review variance, and special review to vary the utility /trash/recycling area dimensions), the City Council approves, the proposed Subdivision and condominiumization to add 2,440 square feet of net leasable space, two (2) free - market residential units, and three (3) affordable housing units to the Hannah- Dusting Building located at 300 S, Spring Street, with the conditions contained herein. Section 2: Plat and Aareemeot The Applicant shall record a subdivision plat and agreement that meets the requirements of Land Use Code Section 26.480, Subdivision, within 180 days of approval. Section 3; Building Permit Application The building permit application shall include the following: a. . A copy of the final City Council Ordinance and P&Z Resolution. • b. The conditions of approval printed on the cover page of the building permit set. c. A completed tap permit for service with the Aspen Consolidated Sanitation District, d. A drainage plan, including an erosion control plan, prepared by a Colorado licensed Civil Engineer, which maintains sediment and debris on -site during and after construction. If a ground recharge system is required, a soil percolation report will be required to correctly size the facility. A 5 -year storm frequency should be used in designing any drainage improvements. e. A construction management plan pursuant to the Building Department' s requirements. The construction management plan shall include an identification of construction hauling routes for review and approval by the City Engineer and Streets Department Superintendent. f. A fugitive dust control plan to be reviewed and approved by the City Engineering Department. • g. A detailed excavation plan that utilizes vertical soil stabilization techniques for review and approval by the City Engineer. II 111 1 It I 1111 1 111110f1111 .0 526 21 006 0 JANICE K VOS CAUDILL PITKIN COUNTY CD R 31.00 D 0.00 P314 • Section 4: Dimensional Requirements The Hannah - Dustin building shall continue to be in compliance with the dimensional requirements of the Mixed Use (MU) Zone District, The City of Aspen Zoning Officer shall verify compliance "with the allowed dimensional requirements at the time of building permit submittal. Section 5: Off -street Parking The project shall provide sixteen (16) off-street parking spaces, four (4) of which shall be designated for the use of the free market residential units, three (3) of which shall be designated for use by the affordable housing units, and nine (9) of which shall be designated for the use of the commercial space and guest parking. Section 6: Sidewalk and Landscaping Improvements The Applicant shall install a sidewalk detached from the curb with a parkway strip along East Hyman Avenue for the length of the property frontage that meets the City Engineer's standards prior to issuance of a certificate of occupancy on any portion of the development. Appropriate street tree plantings shall occur in the parkway strip along the property frontage on both East Hyman Avenue and South Spring Street. The Applicant shall submit a landscaping plan for plantings in the right -of -way for review and approval by the City Parks Department prior to installation of right -of -way plantings. Section 7: Trash/Utility Service Area A trash/utility service area with a linear footage of fourteen (14) feet and a depth of ten (10) feet shall be provided between the existing building and the alleyway. A trash compactor shall be installed to justify the reduction in the trash/utility /recycling area. Section 8: Affordable Housing Unit The Applicant shall record a deed restriction on each of the affordable housing units prior , to the issuance of a certificate of occupancy on the building classifying the units as Category 2 units. If the Applicant chooses to deed restrict the affordable housing units as rental units, the Applicant shall convey a 1/10 of a percent, undivided interest in the units to the Aspen/Pitkin County Housing Authority prior to the issuance of a certificate of occupancy on any portion of the building. The units may be deed - restricted as rental units, but the units shall become ownership units at such time as the owners would request a change to "for- sale" units or at such time as the Aspen/Pitkin Cotmty Housing Authority deems the units to be out of compliance with the rental occupancy requirements in the Affordable Housing Guidelines for a period of more than year. Section 9: Fire Mitigation The Applicant shall install a fire sprinkler system and alarm system that meets ,the requirements of the Fire Marshal in the entire building, including existing spaces. Section 10: Water Department Requirements The Applicant shall comply with the City of Aspeh Water System Standards, with Title 25, and with the applicable standards of Title 8 (Water Conservation and Plumbing 11 , 111111 . 1111 11111111111111111111 i111 5 6 3 09 eaan JANICE K VOS CRUOILL PITKTN COUNTY CO R 3t.ea ;2:5 a P315 Advisory Code) of the Aspen Municipal Code, as required by the City of Aspen Water Department. Each of the units within the building shall have individual water meters. Section 11: Sanitation District Requirements The Applicant shall comply with the Aspen Consolidated Sanitation District's rules and regulations. No clear water connections (roof, foundation, perimeter drains) to ACSD lines shall be allowed: All improvements below grade shall require the use of a pumping station. If more than one unit is to be served by a single service line, the Applicant shall enter into a shared service line agreement. Section 12: Electrical Department Requirements The Applicant shall have an electric connect load summary conducted by a licensed electrician in order to determine if the existing transformer on the neighboring property has sufficient capacity for the Hannah -Dustin Redevelopment. If a new supplemental transformer is required to be installed on the Hannah - Dustin property, the Applicant shall • provide for a new transformer and its location shall be approved by the Community Development Department prior to installation. The Applicant shall dedicate an easement to allow for City Utility Personnel to access the supplemental transformer for maintenance purposes, if a supplemental transformer is installed. Section 13: Exterior Liehting All exterior Lighting shall meet the requirements of the City's Outdoor Lighting Code pursuant to Land Use Code Section 26.575,150, Outdoor lighting. Section 14: School Lands Dedication Fee Pursuant to Land Use Code Section 26.630, School lands dedication, the Applicant shall pay a fee -in -lieu of land dedication prior to building permit issuance. The City of Aspen Zoning Officer shall calculate the amount due using the calculation methodology and fee schedule in affect at the time of building permit submittal. The Applicant shall provide the market value of the land including site improvements, but excluding the value of structures on the site. • Section 15: Park Development Impact Fee Pursuant to Land Use Code Section 26.610, Park Development Impact Fee, the Applicant shall pay a park development impact fee in the amount of $19,176.20 prior to building permit issuance. The fee is assessed based' on the following calculation: ' Proposed Commercial: 2,440 SF of new net leasable square feet multiplied by $1,530.00 per 1,000 SF= $3,733.20 Proposed Residential 2 (four - bedroom) Free Market Residential Unit multiplied by $3,634 per unit= $7,268.00 3 (two - bedroom) Residential Units multiplied by $2,725 per unit= $8,175.00 Total: $19,176.20 1111111111111111111 526319 Page: 4 of 5 JaNICE K VCS CPUDILL PITKIN COUNTY C0 07112 0 08:55 • R 33,00 D 0.00 P316 . • • Section 16: Impact Fees All other impact fees, as applicable, at the time of building permit submission shall be paid prior to the issuance of a building permit. Section 17: Employee Housing Mitigation The development shall contain gross affordable housing floor area equal to or greater than 30% of the gross free- market residential floor area. This percentage shall be verified by the City Zoning Officer prior to building permit issuance. Section 18: All material representations and commitments made by the Applicant pursuant to the development proposal at as herein awarded, whether in public hearing or documentation presented before the Planning and Zoning Commission or City Council, are hereby incorporated in such plan development approvals and the same shall be complied with as if fully set forth herein, unless amended by an authorized entity. _. .. Section 19: This ordinance shall not effect any existing litigation and shall not operate as an abatement of any action or proceeding now . pending under or by virtue of the ordinances repealed or amended as herein provided, and the same shall be conducted and concluded corder such prior ordinances. Section 20: If any section, subsection, sentence, clause, phrase, or portion of this resolution is for any reason held invalid or unconstitutional in a court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and shall not affect the validity of the remaining portions thereof. Section 21: A public hearing on the ordinance shall be held on the l2 day of June, 2006, in the City Council Chambers, Aspen City Hall, Aspen, Colorado, fifteen days prior to which, a public notice of thc same shall be published in a newspaper of general circulation within the City of Aspen. • INTRODUCED, READ AND ORDERED PUBLISHED as p • •ded by law, by the City Council of the City of Aspen on the 24 day of April, 21 " e He W . KgY. , - Mayor FINALLY, a ted, passed and approve this 26 day of June, 2006. ....s Jo Att.. t: _ � ' . Kathrn S. itch, C • Clerk Helen lin ayor 111111100111tIsmuill I I I II 07 I 2122/20 08:50 JRNICE K V05 CAUDILL PITKIN COUNTY CO R 31.00 0 0.00 -.. P317 APPROVED AS TO FORM: • J ibirWoreester, City Attorney • 11111111111 I � PITKIN COUNTY CO 5g 6 c s 07 12/2 08:55 R 31,00 D 0,00 • • • • • = hit , • • • SUBDIVISION-AGREEMENT FOR THE HANNAH DUSTIN SUBDIVISION M FF THIS SUBDIVISION AGREEMENT is made and entered into this f �� day of 7¢ Jn� 2006, by and between THE CITY OF ASPEN, COLORADO, a municipal corporation (herein er referred to as the "City") and Hyman Avenue Holdings, LLC a Colorado limited liability company (hereinafter referred to sometimes as the 'Applicant" and sometimes as "Hyman Avenue Holdings"). WITNESSETH: WHEREAS, Hyma` Avenue Holdings has submitted to the City an "Application" consisting of a request for approval from subdivision, various growth Management reviews, commercial design review, and condominiumizaton to add 2,440 square feet of net leaseable space, two (2) free market residential units, and three (3) affordable housing units to be consolidated, platted and known as the Hannah Dustin Subdivision (the "Property"), which Application requested the approval, execution and recordation of a Final Subdivision Plat of the • Property (the "Final Plat"); and WHEREAS, the City has fully considered and approved the Application, Final Plat, and the proposed development and improvement of the Property pursuant to Ordinance No. 16 (Series of 2006) , and the effects of the proposed development and improvements of said . Property on adjoining or neighboring properties and property owners; and WHEREAS, the City has imposed certain conditions and requirements in connection with its approval of the Application, and its execution and recordation of the Final Plat, such matters being necessary to promote, protect, and enhance the public health, sabty, and general welfare; and WHEREAS, Hyman Avenue.Holdings is willing to acknowledge, accept, abide by, and • faithfully perform the conditions and requirements imposed by the City in approving the Application, and the Final Plat; and • WHEREAS, under the authority of Sections 26.445.070 (C and D) and 26.480.070 (C and D) of the Aspen Municipal Code, the City is entitled to certain financial guarantees to ensure that the required public facilities are installed and Hyman Avenue Holdings is prepared to provide such guarantees that hereinafter set forth; and WHEREAS, contemporaneously with the execution recording of this Subdivision Agreement the City and H an Avenue Holdings have executed and recorded the Final Plat in Plat Book %I at Paged , Reception No.. ag93 in the ofice of the Clerk and Recorder of Pitkin County, Colorado. NOW, THEREFORE, for and in consideration of the mutual covenants and agreements herein contained, the approval, execution, and acceptance of this Subdivision Agreement for recordation by the City, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: • • IIII l 1 IM 1 1 ! I IIII 1 o I {OOD309.DOCI 1) I I UU COU u G R 51 5/25/2006 69.12r 1 ;MICE K VDS C AUDILL PITKIN COUNTY CO R 51.00 D 0.00 • r ' P3 • • ARTICLE! • PURPOSE AND EFFECT OF SUBDIVISION AGREEMENT 1.1 Purpose. The purpose of this Subdivision Agreement is to, along wth the Final Plat, set forth the complete and comprehensive understanding and agreement of the parties with respect to the development of the Hannah Dustin Subdivision and to enumerate all terms and conditions under which such development may occur. 1.2 Effect. It Is the intent of the parties that this Subdivision Agreement and the Final Plat • shall effectively supersede and replace in their entirety all previously recorded and unrecorded subdivision, condominium, and other land use approvals and related plats, maps, declarations; and other documents and agreements encumbering the Property, including and without limitation those matters identified in Article V below (collectively, the "Prior Approvals and ' Instruments "), but e ..ressl excludin. the followin "which shall not be su.erseded and re.laced by this Subdivision Agreement: , (a) The terms and conditions of City of Aspen Ordinance No. 16, Series of 2006, recorded on July 12, 2006 as Reception No. 526319, Pitkin County, Colorado; (b) The terms and conditions of the Amended and Restated Condominium Declaration of Hannah Dustin, a Condominium, recorded on August 29, 2006 as Reception No. 527925, Pitkin County, Colorado (including any subsequent amendments thereto); and (c) The terms and conditions of the First Amended Plat of the Hannah Dustin Condominiums, recorded on August 29, 2006 in PIat,Book 80 at Page 3, Reception No, 627927, Pitkin County, Colorado (including any subsequent amendments thereto). ARTICLE II ZONING AND REGULATORY APPROVALS 2.1 Approval Ordinances. Pursuant to Ordinance No. 16 (Series of 2006), the Aspen . City Council granted Subdivision approvals, providing for the development an additional 2,440 s. f. of net leasable space, two (2) free - market residential units, and three (3) deed - restricted affordable housing units, on the Property located at 300 South Spring Street, Aspen, Pitkin County, Colorado (collectively, the 'Project "). This Subdivision Agreement and the Final Plat incorporate all of the pertinent provisions of Ordinance No. 16 (Series of 2006). In the event of any inconsistencies between the provisions of Ordinance. No. 16 (Series of 2006) and the provisions of this Subdivision Agreement and the Final Plat, the provisions of this Subdivision Agreement and the Final Plat shall control. 2.2 Dimensional Requirements. Ordinance No. 16 (Series of 2006) established and approved a multi- family building consisting of two (2) free - market residential units and three (3) deed - restricted affordable housing units of the Hannah Dustin Subdivision. The redevelopment of the building as presented complies with the dimensional requirements of the Mixed -Use (MU) Zone District. The structure shall meet all of the required Commercial Design` Standards applicable to a multi family building. 'Compliance with these requirements will be verified by the City of Aspen Zoning Officer at the time of building permit 2.3 Off Off -stream , The project shall provide sixteen (16) off- street parking spaces, four — (4) of which shall be designated for the use of the free market residential units, three (3) of which 2 036009.DOC/1} EE66 II . ``II E i II II II `` IIII II 2 of le • I11 ��lil Ill �Ii I11 11I 11 II��11II II�1 51,00 9/ 01 0.00 09:121 JANICE K VOS P301 shall be designated for use by the affordable housing units, and nine (9) required spaces which shall be for the use of the commercial space and guest parking. 2.4 Afford Housing. The affordable housing units shall be in compliance with the Aspen/Pitkin County Housing Authority's Employee Housing Guidelines. The Applicant shall record a deed restriction on each of the affordable housing units at the time of recordation of the condominium map and prior to the issuance of a Certificate of Occupancy for the building, classifying the units as Category 2 units. Included in the goveming documents shall be language • reflecting the potential for the units to become ownership units. If the Applicant chooses to deed restrict the affordable housing units as rental units, the H shall oonprior a 1/10 of a to the issuance of a certificate of occupancy y on any portion o the building. The units Authority p The units may be deed-restricted as rental units, but the units shall become ownership units at such time as the oers Would request a change to gfor-sale units or at such time as the Aspen/Pitkin County Housing Authority deems the units to be ou of compliance with the ental oupany requirements In the Affordable Housing Guidelines for a period of more than year. . • ARTICLE III APPROVALS AND EXEMPTIONS 3.1 Sidewalk and Land scaping I mprovements. Prior to issuance of a certificate of • occupancy for any portion of the development, the Applicant shall have installed asidewalk with a parkway strip meeting the City Engineer's design requirementsalong the entire lot frontage abutting the East Hyman Avenue. Appropriate Hyr anAvenue and South Spring treet The Applicant shall submit property landscap ing g plan on both an for plantings East g i a landsapin pllantings in the right- of-way for review and approval by the City Parks Department prior to installation of right -of -way plantings. 3.2 Trash /UtilifV Seivic Area. A trash /utility service area with a linear footage of fourteen (14) feet and a depth of ten (10) feet shall be provided between the existing building and the . alleyway. A trash compactor shall be installed to justify the reduction in the trash /utility /recycling area. . 3.3 School Lands Dedica Fee Pursuant to Land Use Code Section 26.630, School Lands Dedication, the Applicant shall pay a fee -in -lieu of and dedication in conjunction with any residential development in the subdivision. The Applicant shall pay aythe school u a nd s de associated with the subdivision as calculated by the City 9 de schedule prior to building permit Issuance as set forth in Land shall s Co vide the r 6. 3 .03 School Lands Dedication: Dedication Schedule. The App p of te • land including site improvements, but excluding the value of structures on the site. • 3.4 Park Development Impact Fee. Pursuant to La d Use ode fee Section th 26,610, Park Devel Impact Fee, the Applicant shall pay p • $19,176.20 prior to building permit issuance. The fee is assessed based on the following calculation: Proposed Commercial: • 2,440 s. f. of new net leasable square feet multiplied by $1,530.00 per 1,000 s.f. = $3,733.20 . {UD0360o9.DOC/ 1) 11111 LE {{ 1111111111111 `ceg ( L ��) ��� N 1I VIII ![ 1 00 0 00 09 :121 JANICE K VOS CRUDILL PITKIN COUNTY R • P302 Proposed Residential: $3,634 per unit = $7,266.OD 2 (four- bedroom) Free Market Residential Units multiplied by $3, p 3 (two- bedroom) Residential Units multiplied by $2,725 per unit = 53,175.00 Total: 519,176.20 • 3.5 impact Fees. The Applicant will pay all impact fees shall be paid prior to the issuance to the issuance of a building permit. 3.6 Employee Housing Mitigation. The development shall contain gross affordable housing floor area equal to than 30% free-market nssuaoor area. This percentage shall be verified by the City Zoning Officer prior to building permit 3.7 Water Department Standards. Hyman Avenue Holdings shall complywith the City of Aspen Water System Standards, with Title 25 of the City of Aspen Municipal Cpde, and with applicable standards of Title 8 of the City's Municipal Code (Water Conservation and Plumbing Advisory Code), as required by the City of Aspen Water Department. Each of the units within the building shall have individual water meters. Applicant shall comply with the Aspen • 3.8 Sanitation District Standards. The. App Consolidated Sanitation District's vales and regulations with respect to the Project: (a) Sanitation service is contingent upon Hyman Avenue Holdings compliance with ACSD rules, regulations, and specifications at the time of construction; (b) All clear water connections are prohibited, i.e., ground water (roof, foundation, perimeter, patio drains), including entrances to underground parking garages (if any); (c) All improvements below grade development shall require installation of a pumping station; (d) Shared service line agreements are required where more than one unit is served by a single service line; (e) All ACSD total connection fees must be paid prior to the issuance of a building permit. 3.9 ElectricaI Department Requirements. The Applicant shall have an electric connect load fomma the neighboring by a licensed rop tty electrician in order to determine if the has sufficient capacity for the Hannah Dustin on the n new supplemental emp Relopment. If a new supplemental transformer is required to be installed on the subject property, the Applicant shall provide for a new transformer and its location shall be approved by the Community Development Department prior to installation. The Applicant shall dedicate an easement to allow for City Utility Personnel to access the supplemental transformer for maintenance purposes, if a supplemental transformer is installed. 3.10 Subd ?lat The Final Plat shall be recorded in the Office of the Cllelkf and Recorder of Pitkin County, Colorado within 180 days after City Council's final app Ordinance No. 16(Series of 2006). • 311 Subdivision Agreement This Subdivision Agreement shall be recorded within 180 (00036099.00C/ 1111011111111111111111111111111101111111. 5Pa25e8:943Yf 09/25 09.121 JANICE K VDS CRUDILL PITKIN COUNTY CO R 51.00 D 0.0 • • • P303 • days after the CitVs grant of final approval of th'e Project (Ordinance No. 16, Series 2006). 3.12 Fire Department Requirements. The Applicant shall install a fire sprinkler system and alarm system that meets the requirements of the Fire Marshal. • 3.13 Building Permit Requirements. Any building permit application for the Project shall include and /or depict the following information: (a) A signed copy of Resolution No. 09 (Series of 2006) and Ordinance No. 16 • (Series of 2006) granting final land use approval.. (b) The conditions of approval of Ordinance No. 16(Series of 2006) shall be printed on the cover page of the building permit set. • (c) A completed tap permit for sewer service from ACSD. (d) A drainage plan, including an erosion control plan, prepared by a Colorado licensed Civil Engineer, which maintains sediment and debris on -site during and after construction. If a ground recharge system is required, a soil percolation report will be required to correctly size the facility. A 5 -year storm frequency should be used in designing any drainage improvements. (e) Construction Management Plan pursuant to the Building Department's requirements. The Construction Management Plan shall include an identification of construction hauling routes, construction phasing, and a Construction Traffic and Parking plan for review and approval by the City Engineer and Streets Department Superintendent. The Construction • Management Plan shall conform to the standards and requirements for construction management plans in effect at the time of building permit submission. (f) A fugitive dust control plan to be reviewed and approved by the City ' Engineering Department. (g) A detailed excavation plan that utilizes vertical soil stabilization techniques for review and approval by the City Engineer. 3.14 Vested Rights. The development approvals granted by the City pursuant to Ordinance No. '16(Seties of 2006) shall constitute a site-specific development plan, which is vested for a period three (3) years from the date of issuance of a development order by the City. Article IV Prior Approvals and Instrument% There are no recorded prior approvals for this Subdivision. • Article V Subdivision improvements • 5 (DD036009.DOC/ 11 11111111 111f1l It I 121 JANIICE K 'VOS =DILL PITK1N COUNTY CO R ! 5 11 1 I1 . 0: 3125 P 2 7 59: 00 0 • • • P304 Prior to the issuance of any Certificate of Occupancy with respect to the Project, Hyman • Avenue Holdings shall accomplish the following subdvision improvements (collectively, the "Subdivision Improvements "), all as further depicted and described on the Final Plat: (1) installation of a detached sidewalk, location of the existing driveway entrance, with a parkway strip meeting the City Engineer's design requirements along he e afthe t f Hyman ea Spring East Hyman Avenue, along with two ANSI - conforming handicapped intersection, and curb replacement for the existing driveway cut on Hyman Avenue, at an estimated cost of (2) installation of appropriate parkway plantings, including trees, grass, and irrigation, in the •arkway strip along the property frontage on both East Hyman Avenue, at an estimated cost of `f?e;,' = =., In order to ensure construction and installation of the Subdivision Improvements (1) and • (2) described immediately above, Hyman Avenue Holdings shall provide to the City either an irrevocable standby letter of credit from a financially responsible lender or a bond in the amount of sa_'. % >r ;E?; Said letter of credit or bond shall be provided to the City prior to the issuance of a grading or access permit with respect to the Project, shall be in a form reasonably acceptable to the City Attorney, and shall give the City the unconditional right, upon default hereof by Hyman Avenue • Holdings, subject to the provisions of Article VI below, to draw funds as necessary and upon demand to partially or fully complete and /or pay for any of such improvements or pay any outstanding and delinquent bills for work done thereon by any party, with any excess letter of credit or bond amount to be applied first to additional administrative or legal costs associated with any such default and the repair of any deterioration in Subdivision Improvements already constructed before the unused remainder, if any, of such letter of credit or bond is released to Hyman Avenue Holdings. Notwithstanding the foregoing, delays or other problems resulting from acts of God or other events beyond the reasonable control of Hyman Avenue Holdings shall not constitute a default hereunder so long as a good faith effort is being made to remedy the problem and the problem is in fact resolved within a reasonable period for time following its occurrence. As portions of the Subdivision Improvements are completed, the City Engineer shall inspect them, and upon approval and written acceptance, he shall authorize a reduction in the outstanding amount of the letter of credit or bond equal to an agreed upon estimated cost for the completed portion of the Subdivision Improvements; provided, however that ten percent (10 %) of the estimated costs shall be withheld until all of the Subdivision Improvements are completed and approved by the City of Aspen Public Works Director. It is the express understanding of the parties that compliance with the procedures set forth in Article VI below pertaining to the procedure for default and amendment to this Subvision these financial assurances and ae guarantees to h respect to the enforcement and be be provided by Hyman Avenue Holdings as implementation of et forth above.. • Article VI Non - Compliance and Request for Amendments or Extensions In the'event that the City determines that Hyman Avenue Holdings is not acting in apBmpliance with the terms of this Subdivision Agreement or the Final Plat, the City 111 �II I! f ! 11 0 4 5i 0.00 9:121 JANICE K VOS CAUDILL PITKIN COUNTY CO R 51.00 P305 shall notify Hyman Avenue Holdings in writing specifying the alleged non - compliance and asking that Hyman Avenue Holdings remedy the alleged non - compliance within such reasonable time Avenue as the City may determine, but not less than 30 day;. If the City determines that H ennAvenue • Holdings has not complied.within such time, the City may issue and serve upon Hyman Holdings a written order specifying the alleged noncompliance t a (20) Bang Hy th a v Avenue Holdings to remedy the same within thirty (30) days. of such order, Hyman Avenue Holdings may file with the City Engineering Department either a notice advising the City that it is in compliance ora written request to determine any one or both of the following mattes: . • . (a) Whether the alleged non-compliance exists or did exist; or (b) Whether a variance, extension of time or amendment to the Final Plat orthis Subdivision Agreement should be granted with respect to any such non - compliance which is • determined to exist. . . Upon the receipt of such request, the City shall promptly schedule a meeting of the parties s a b e c r the mattes c onduct in pusuant to the noncompliance. The meeting of the normally established by parties shf a City and conducted a no p the City. If City eh orders as may aybe appropriate, the which has not of daily until such may issue such as may ap p non - compliance hg's been remedied, the withholding of permits and/or certificates of occupancy, as applicable; provided, however no order shall terminate any land use approval. The City may also grant such variances, extensions of time or to circumstances. the Fil lat orto this • Subdivision Agreement as it may deem appropriate under the The parties expressly acknowledge and agree that the City shall not unreasonably refuse to extend the time periods for performance hereunder if Hyman Avenue Holdings demonstrates that the reasons for the delay(s) which necessitate said extension(s) result from acts of God or other events beyond the reasonable control of Hyman Avenue Holdings, despite good faith . efforts on its part to perform in a timely manner. Article VII General Provisions' 7. 1 Successes and Assigns. The provisions hereof shall be binding upon and inure to the benefit of Hyman Avenue Holdings and the City and their respective successors and assigns. 7.2 Goverli Law. This Subdivision Agreement shall be subject to and construed in accordance with the laws of the State of Colorado. 7.3 Inconsistence If any of the provisions of this Subdivision Agreement or any paragraph, sentence, clause, phrase, word, or section or the application thereof in any this S u cum ision A is iement, an an, nvalidauch invalidity app ication shall not affect the such validity of the remainder sentence, clause, phrase, word, or section in a he phra wo, or ectio any other circumstance shall not be affected thereby. 7.4 understanding i ng been the parties hereto with respect to the transactions hereto contains the entire understandi {00036009.DOCI 1) 7 R 1[ 11I11II1II�II 1 FW 1 iII 11W 11 s25 528983 o . JRNICE 1 z • P306 . contemplated hereunder. Hyman Avenue Holdings and its successors and assigns may on its own initiative petition the City Council for an amendment to the Final Plat orthis Subdivision Agreement or for an extension of one or more of the time periods required for the performance hereunder. The City Council shall not unreasonably deny such petition for amendment or extension after considering all appropriate circumstances. Any such amendment or extension of time shall only become effective upon the execution by all parties hereto that are affected by the proposed amendment, 7.5 Headings. Numerical and title headings contained in this Subdivision Agreement are for convenience only, and shall not be deemed determinative of the substance contained herein. As used herein, where the context requires, the use of the singular shall include the plural and the use of any gender shall include all genders. 7.6 Acceptance and Recordation of Final Plat, Upon execution of this Subdivision Agreement by both parties hereto, the City agrees to approve and execute and the Final Plat and to accept the same for recordation in the Office of the Clerk and Recorder of Pitldn County, Colorado, upon payment of the recordation fees by Hyman Avenue Holdings. 7.7 Notice. Notices to be given to the parties to this Subdivision Agreement shall be considered to be given if delivered by facsimile, if hand delivered, or if delivered to the parties by registered or certified mail at the addresses indicated below, or such other addresses as may be substituted upon written notice by the parties or their successors or assigns: • The City. • City of Aspen City Manager, Community Development Director 130 South Galena Street Aspen, Colorado 81611 Hyman Avenue Holdings: Hyman Avenue Holdings, LLC • clo Peter Fomeli • • 402 Midland Park Place Aspen, CO 81611 Facsimile: (970) 925 -6767 • With a copy to: . Curtis Sanders, Esq. Krabacher & Sanders, PC 201 North Mill Street Aspen, CO 81511 Facsimile: (970) 925 -1181 • se \ II ill \W ItIltiI III\ III\ 09989005 9: JANCE K Vs W l pIT I$ COUNTY CO R 51.90 D 0.00 {00036009.DOC/ 1) 5 P307 • IN WITNESS WHEREOF, the parties have hereunto set their hands and seals as of the day and year first above written. • CITY: CITY OF ASPEN ` DO, a Colorado municipal corporation By: ./�AWAS , Hel-n Kanderud, Timor Attest . Kathryn S. Koc,, ity Clerk APPROVED AS AAASS TO FORM_ LdotrrlWorce�4 r, CityAtto� Hyman Avenue Holdings: Hyman Avenue Holdings, LLC, a Colorado limited liability company, as owner of Unit A, Hannah Dustin Condominiums, according to the First Amended Plat of the Hannah D -t' Condominiums, recorded on August 29, 2006 in IV 'gook 80 at Page , eception No. 627927, Pitkln C.10j C do. By . �. Peter Fomeli, as 1 s Managing Member Hyman Avenue Holdings, LAC, a Colorado limited liability company, as owner of Unit A, Hannah Dustin Condominiums, according to the First Amended Plat of the Hannah D • _ ' ' ondominiums orded on August 29, 2006 in - - c - Pag ; caption No. 627927, Pitkin C. t•/ o orad%. �� By t S Pet -r o - as its Managi g Member • f1I 41 11111111 fl� III I If esn s 16 1I y CD I CD R 51.66 9 /2S p20 G. 9:121 Ai K {00036009.DOC/ 1} P308 • STATE OF COLORADO ) ) ss: • COUNTY OF PITKIN ) h The foregoing instrument was acknowledged before me this a day of..9911relflb,D06 by Helen Klanderud as Mayor of the City of Aspen, Colorado, a municipal corporation. O - fir Witness my hand and official seal, "?; ',,O r A i' LC% • My commission expires: q d9 // No ry Public \ ; : STATE OF COLORADO ) ss. All Cow ssr. &at3G9/25/2009 • . COUNTY OF PITKIN ) The foregoing instrument was acknowledged before me this day of +! ,..' " •y City Clerk of the City of Aspen, Colorado, a municipal corpor,: on.! BAp . /, Kathryn S. Koch, P TA/3 .ke Witness my hand and official seal, j,.T; ÷ %I- i I I f commission expires: r T r , ' , . ' ' • y�O .p ; Notary Public • di � J.��_ i ± 4� • ..... � o�Pr My QDmtista [gins 09/25/2009 • STATE OF COLORADO ) ) ss. COUNTY OF PITKIN ) The foregoing instrument was acknowledged before me this l!day ofS , 2006 by . Peter Fomell, Managing Member of Hyman Avenue Holdings,'LLC, a Colorado limited liability company. • Witness my hand and official seal, My commission expires: � " • 8randl- Vjepson / Notary Public^ �A U .My Commission Expires 07/2`5+2009 Notary Public U 601E Hopkins " "��� Aspen, CO 81611 2 PRY POB�h • / i COI N. • • �/� +� • 1111111 1ItlI;�I{� 28933 + I1111 ililtil Q9 @06f 68 12i j BRftNDI L . o a % N� ' PSON i i JRNI Cc K 1105 CpUDILL PI7KIH OUn•TY CO R 61.0 II I I y��• • • • • � . � OD r1•' • r t O COL — 1w f DOD36D09.DOC/ I) AU t E AMENDMENT TO SSU LION AGREEMENT • HANNAH DUSTIN SUBDIVISION • This AMENDMENT TO SUBDIVISION AGIEEMENT FOR THE HANNAH DUSTIN SUBDIVISION (this "Amendment") is made this 3- day of November, 2006 by and among the ration (the "City"); Hyman Aveuue Holdings, LLC, Coy Co a Colo rado limited liability a municipal corporation company claim and The. Snowiness Corporation, a Colorado corporation a ("TSC"). RECITALS • A. HA13 and the City are parties to that certain Subdivision Agreement for the Hannah Dustin Subdivision recorded in the real estate records of Piticin County, Colorado on September 25, 2006 under Reception. No, 528933 (the "Subdivision Agreement"). B. The SIA applies certain'real property in Piitkin County, Colorado known as the Hannah Dustin" Subdivision, seconding to the Plat recorded in Plat Book 81 at Page 44 as Reception No. 528934 (the "Subdivision"). C. Subsequent to the recordation of the Subdivision Agreement, RAH conveyed to TSC a portion of . the Subdivision legally described as Unit A, Hannah - Dustin Condominiums, according to the Plat thereof recorded October 2, 1985 in Plat Book 17 at Page 78 as Receptio 0o. 2719 P 69 an dk First Amended Plat of the Thumb Dustin Condominiums rocorded August Page 3 as Reception No, 527927, and as defined and described by the Amended and Restated Condominium Declaration of Hannah- Dustin, a condominium mcordtd August 29, 2006 as • Reception No. 527925 and as shown on the Hannah Dustin Subdivision Plat, recorded September 25, 2006 in Plat Book 81 at Page 44 as Reception No. 528934 ( "Unit "A "). D, The City, HAH and TSC desire to amend the Subdivision Agreement as set forth in this Amendment AGREEMENT Now therefore, for good and valuable coSH and TSC hereby ]ip trand s Sub y of fn which are ent hereby confessed and acknowledged, the City, as follows: 1. There is hereby added to the Subdivision Agreement a new Article VIII captioned "Project Phasing/Certificates of Occupancy" as follows: Article VIII • Project Phasing/Certificates of Occupancy "_-tia1 and Commt t The parties acknowledge that the Project may be 8.1 R os Phises, consisting of two (2) free- market residential n tial al units, ts. two s, two The resia (2) affordable he h ousing using (the units, and "Residential and ten n(0 parking e g spaces in an underground p • garage (tile "Gare$e ^); end the commercial phase unit. tbt "Commercial consisting de l Phase will b con of 2,4 edon Unit eet of office space and one (1) affordab housing B of the Hannah Dustin Condominiums according to the First Amended Plat thereof recorded. August 29, non mit in it I am 75 JDNICS l �� OS CAUDILL PITKIN DDUNTY DD R la.a • • P310 ^ 2606, as Reception No. 627927 in the office of the Clerk and Recorder of County (the "Condominium Plat"). The Commercial Phase will be constructed of the westerly u half of m Plat. Tt is ProT� arty . desen'bed as Unit A of the Hannah Dustin Condominiums hs a niuthat arer also acknowledged that each please contains elements (affordable housing s a and d par in gi g) t a Phase and to serve and mitigate impacts for the entire Project The City ni that i completed s and independently of the other and that a Certi l Phase may be shall b i s and for h a s dent ' to other, provided that (i) Certificate of Occ shah be issued for each is being requested has becu. completed in accordance with construction for which a Cits to the extent ten that it es for a Certificate of Occupancy pursuant to the with relevant buildi building regulations, (ii) O fl exit it under Agreement and, (ii) the other City's bm'iding regulations, (i) no default exists under dre terms of this phase of the Project has obtained a building permit, is at least filly percent (50%) complete and that the City has received reasonable assurances from the developer of the incomplete of this Agreement, usthat a. such a of the has or caul obtain adequate funds to complete that phase. For purposes this action approv has Project shall be deemed to be fifty percent (50%) complete when the framing insP • been attained. The parties also understand that a Certificate of Occupancy will not be issnicd for any • phase of the Project if the physical access to such phase is provided through or across areas of the other unfinished phase that are dangerous due to ongoing construction. tt 2 G &, Upon completion of construction of the Garage to The extent necessary for the Garage to function as a parking garage (and prior to completion of the remainder of the such as mecf a se, including other elements of the Residential Phase that may be located in the Garage rooms) and provided that C) construction of the Garage has been completed in accordance with relevant building permits to the extent that it qualifies for a Certificate of Occupancy pursuant to the City's building regulation's, and () no default exists wader the teens of this Agreement, a Certificate. of Occupancy shall be issued for the Garage (but not the emainde of the Residential Residential Phase shall to of Occupancy for the Garage be issuance of the Certificate entitled to condominiumize the Parking spaces in the (Jatage: error 2. HAH signed the Subdivision Agreement in two places and there is a typographical in HAWS second signature block The reference men s i g gnn n l r re e flock for BRAA to Dustin , Hannah Dustin Condominiums..." is hereby corrected to Condomnnnms... " . 3. The Subdivision Agreement, as amended by this Amendment, remains in full force and effect. IN WITNESS WHEREOF, the parties have hereunto set their hands as of the day and year fast above written. City of Asp 6r 0; o lorado municipal corporation • Helen 530875 Helen Klanderud, yor 1111111111111116111 li / /20 y 0a 06 09:53 Attest • /i �� ' ` — 1 *NICE K WS 0:41.0111. PI KIN Minn CD R•15.0e D 0.00 ay /1 _ _, . ,. S. Koc • 1 Clerk • [Signatures Continue on Following Page) 2 P311 t '�� {F{{��p��ppppI111111Affiling 530875 I IFtie MOILS PITON COUNTY e� � /4 .0 t, 08/200s , :ss Approved as to Form: John ' f# 1.75- , City Attorney • • Hyman I� enu f o -, LLC a Colorado limited liability company' • By: it Peter Fo ' ' I, as its Managing Member The Snowmass Corporatio Colorado corporation • • Prin ee , C� I "J L. • • S I. ..r STATE OF e$ ) • ss. COUNTY OF 1.r.1. • ) • . The foregoing instrument was ae)mow)edged before me this day of Ita LL._f ' D06, by Helen Klanderud as Mayor, and byKathryn S. Koch as Cleric, on behalf of the City of t '-,t_` o. • Witness my hand and official seal. _ � l My commission expires: D4rl ]" — : /! %•� 4 � Q O J N o... blie 0 STATE OF .l,+Ioclt, ) � r' of GA ss. COUNTY OF VH ) 'ttl •' The foregoing instrument was . acknowledged before me this day of *n 21 f,• ter • Fornell as Managing Member of Hyman Avenue Holdings, LLC. _ ° y •l" t f Q it Witness my hand and official seal. '/ Qt./ • % fff , . My commission expires: 4 1J£tD ' ( a % tt> /f r / No. ' blic l 1 ff, \*� ti..4 • STATE OF ) 7,0013" a COUNTY OF eotki , ) 1- '<h. •r :o / %+ 'm `ac owl ged before me this L day of 1 14jf' l,: 2006, by 1 L It . •, i _ • of The Snowmass Corporation. i.�0Irf..M • +, - Wi• Yh. d fcislseal. j t, / . M Y s! 1 / �.�.lAi I ill - ire. A .I1.Lei . Notary Public f lie L .... ~1ftla 1(PS . 3 6xhib l f F RESOLUTION NO. 13 (Series of 2009) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, GRANTING A SECOND AMENDMENT TO THE SUBDIVSION AGREEMENT FOR THE HANNAH DUSTIN SUBDIVISION, 300 S. SPRING STREET AND 707 E. HYMAN AVENUE, CITY OF ASPEN, COLORADO Parcel ID: 273718227101 and 273718227102 WHEREAS, pursuant to the Subdivision Agreement for the Hannah Dustin Subdivision, successors and assigns of the agreement may "on its own initiative petition the City Council for an amendment to the final plat or....subdivision agreement;" and, WHEREAS, the Applicant requests approval to a second amendment to the Subdivision Agreement for the Hannah Dustin Subdivision to allow for the issuance of Certificates of Occupancies for portions of the completed project; and, WHEREAS, Community Development Department reviewed the request and suggested changes to the draft agreement that were incorporated into the draft; and, WHEREAS, City Council has reviewed and considered the subdivision agreement amendment request and has reviewed and considered the recommendation of the Community Development Director; and, WHEREAS, the City Council finds that this Resolution allowing for approval of the proposed amendments furthers and is necessary for the promotion of public health, safety, and welfare. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF ASPEN, COLORADO, THAT: Section 1: In accordance with the provisions of Article 7.4 of the Subdivision Agreement for the Hannah Dustin Subdivision, the City Council of the City of Aspen, Colorado, does hereby grant the Second Amendment to the Subdivision Agreement for the Hannah Dustin Subdivision conditioned on amendments to the agreement being incorporated by the City attorney with regard to amending the timing of the release of the deposit, developing a final sunset date for feature of the deposit, addressing how any interest from the deposit is distributed, and not guaranteeing a credit for future mitigation requirements for the Commercial Phase. Resolution No. 13, Series of 2009 Page 2 Section 2: This Resolution shall not affect any existing litigation and shall not operate as an abatement of any action or proceeding now pending under or by virtue of the ordinances repealed or amended as herein provided, and the same shall be construed and concluded under such prior ordinances. Section 3: If any section, subsection, sentence, clause, phrase, or portion of this Resolution is for any reason held invalid or unconstitutional in a court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and shall not affect the validity of the remaining portions thereof. APPROVED, February 23, 2009, at • public meeting before the City Council of the City of Aspen, Colorado. ' Micha- C eland, aye o "o e ity Attorney ATTEST: ACilel-- Kathryn S. Ko - , City Clerk Exhibit A Second Amendment to the Subdivision Agreement for the Hannah Dustin Subdivision RECEIPT AND ACKNOWLEDGMENT The City of Aspen, Colorado, hereby acknowledges receipt of $500,807.25, which constitutes the "deposit" required of Snowmass Corporation pursuant to paragraph 2 of the Second Amendment to Subdivision Agreement for the Hannah Dustin Subdivision a copy of which is attached hereto (the "Second Amendment "). The City shall hold the deposit for disposition pursuant to the Second Amendment. Snowmass Corporation shall be entitled to an immediate refund of the deposit upon presentation to the City of a Letter of Credit in a form and substance reasonably acceptable to the City Attorney which secures the deposit obligation of Snowmass Corporation pursuant to the Second Amendment. CITY OF ASPEN, COLORADO ATTEST: / /� Town Clerk, 9/ 'f Aspen G:\ Ciient\Snowmass Corp\Hannah Dustin\Receipt and Acknowledgment • City of Aspen.wpd SECOND AMENDMENT TO SUBDIVISION AGREEMENT FOR THE HANNAH DUSTIN SUBDIVISION This Second Amendment to Subdivision Agreement for the Hannah Dustin Subdivision (the "Second Amendment") is made this lam day of' 2009, by and among the CITYOF ASPEN, a municipal corporation (the "City"), the S ASS CORPORATION, a Colorado corporation ( "Snowmass "), and HYMAN STREET BROWNSTONES, LLC, a Colorado limited liability company ( "Brownstones "). RECITALS: A. The City entered into a Subdivision Agreement for the Hannah Dustin Subdivision with Hyman Avenue Holdings, LLC, the predecessor in interest to Snowmass and Brownstones, on September 25, 2006 (the "Subdivision Agreement"). B. The Subdivision Agreement was amended by a document entitled "Amendment to Subdivision for the Hannah Dustin Subdivision" on November 7, 2006 (the "First Amendment "). C. The City, Snowmass and Brownstones desire to further amend the Subdivision Agreement and the First Amendment as set forth in this Second Amendment. NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Waiver of Completion Reauirement. Upon satisfaction of the requirements of Section 2, below, the provisions of' Section 8.1(111) of the First Amendment, which require the Commercial Phase to be 50% complete in order for the Residential Phase to obtain a Certificate of Occupancy shall be waived. 2. Deposit. As consideration for the waiver described in Section 1, above, Snowmass shall deposit the sum of $500,807.25 with the City, either in cash or in the form of an irrevocable letter of credit prior to the issuance of a Certificate of Occupancy for the Residential Phase. The deposit is intended to provide a reasonable financial assurance that Snowmass will undertake construction of the Commercial Phase and, in particular, the affordable housing unit which is required as a condition of Commercial Phase approval. To that end, the deposit shall be forfeited and may be retained and utilized by the City for affordable housing purposes if a building permit for the Commercial Phase has been approved but not issued by July 31, 2009, which is the date on which vested property rights are due to expire (the "Commencement Deadline "). If the vested property rights period is extended, the Commencement Deadline shall automatically be extended to the new date on which the vested property rights for the Commercial Phase are to expire. If a building permit for the Commercial Phase is issued by the Commencement Deadline, Snowmass may request and the City shall refund the deposit based upon the following schedule. Twenty-five percent (25 %) of the deposit shall be refunded after the framing inspection approval has been attained. The remainder of the deposit shall be refunded after issuance of a Certificate of .Occupancy for the Commercial Phase. If a Certificate of Occupancy for the Commercial Phase has not been issued within twenty-four months after a building permit is obtained, the City shall have no obligation to refund the balance of the deposit then held by the City. Any interest accrued by the deposit of the sum of $500,807.25 with the City shall be retained by the City. 3. Completion of Residential Phase. The parties acknowledge and agree that the Residential Phase is, on the date hereof, more than 50% complete. 4. Assurance of Financing. In satisfaction of the requirements of Section 8.1(iii) of the First Amendment, Snowmass shall provide the City with a written confirmation of its construction loan from Bank of America, to be delivered to the City along with the Deposit. 5. Housing Mitigation Credit. If construction of the Commercial Phase has not begun prior to the Commencement Deadline referred to Section 2, above, and as a result the Deposit is forfeited, Snowmass may, nevertheless, be entitled to a credit, up to $500,807.25, to be applied against affordable housing mitigation requirements associated with development of the Commercial Phase , if any, which are in addition to the requirement for construction of a two- bedroom Category II housing unit within the Commercial Phase. The credit shall only be available, however, if such unit is actually coonst constructed within the Commercial Phase and if, as a result of expired vested property rights, additional affordable housing mitigation is required; however, the City is under no obligation to issue any credit, CITY OF ASPEN, COLORADO, a Colorado mutt' i co By: � ta 2 -27 2009 Michael . Ireland, Ma or - s� /1 athryn S. Kochi C erk SNOW IA CORPORA, a Colorado corporatio. AZ .a- —I/ Art w. i T . v Att j. ey -in -Fact Tr James W. Light, President HYMAN STREET BROWNSTONES, LLC, a C•Io ado li t ied l' .ility co .any B 7.. ell D.Bo R, T anager 2 STATE OF COLORADO ) ss. COUNTY OF r It ki ) The foregoing instrument was acknowledged before me this 41 day of 2009, by Michael C. Ireland, Mayor, and Kathryn S. Koch, City Clerk, of the City o�olorado, a Colorado municipal corporation. ":4 Qs N E ( , \ � �, S � � , Witness my hand and officinal a� � - " Q , piXRj.2 � i, My commission expires: I 'S • Notary Public : f • Y I i . • • A V � 0 t ' $ J tr. 1 t, T : BI .. GO -= STATE OF COLORADO ) titr OOmmissica OOP ss. COUNTY OF Wee,C1 ) The foregoing instrument was acknowledged before me this 7(o day of , 2009, by Andrew W. Light, as Attorney -in -Fact for James W. Light, as Presid oPSnowmass Corporation, a Colorado corporation. ct O N 0, H Witness my hand and official seal. rF • My commission expires: W`2517[ Al \■\ a- i It; r or 4,? , Notary Public ; im ' . O °SIIC ;F . PO IIIIIIIIIIIIIII; no`'‘‘ STATE OF COLORADO ) ) ss. COUNTY OF , tl ) The foregoing instrument was acknowledged before me this 71 . day of 2009, by Robert D. Bowden, as Manager of Hyman Street Brownstones, LLC, a Colorado imited liability company. uiiun,,, \ ON p A NEA ` / " , Witness my hand and official seal. - My commission expires o�iSI7t�U \ . _ �ptARy Notary Public 1�� % a' , PUBO 0 , '% 9 "; OF C O G Cli.nfSno+mus Cm-Mortals Dusan sovmd Ammdm°"ro 6.bA.vim Apv.m1l for the Hvu* Duran SubA.i.iun naa5n9 FINAL d« 3 PUBLIC NOTICE RE: 300 S. SPRING STREET - VESTED RIGHTS EXTENSION NOTICE IS HEREBY GIVEN that a public hearing will be held on Monday, June 8, 2009, at a meeting to begin at 5:00 p.m. before the Aspen City Council, City Council Chambers, City Hall, 130 S. Galena St., Aspen, to consider an application submitted by the Snowmass Corporation, P.O. Box 620, Basalt, CO 81621, which is the owner of the subject property. The Applicant requests an extension of vested rights to develop the site with their approved development plan for 2,440 square feet of net leasable office space and one affordable housing unit, commonly known as the "Commercial Phase" of the Hannah Dustin Subdivision, Unit A, located at 300 S. Spring Street. For further information, contact Jennifer Phelan at the City of Aspen Community Development Department, 130 S. Galena St., Aspen, CO, (970) 429 -2759, Jennifer.Phelan@ci.aspen.co.us. s/ Michael C. Ireland, Mayor Aspen City Council Published in the Aspen Times on May 24, 2009 City of Aspen Account w6 -- hc) v'^ u.e_. (,/l ' ""ViQ AFFIDAVIT OF PUBLIC NOTICE REQUIRED BY SECTION 26.304.060 (E), ASPEN LAND USE CODE ADDRESS OF PROPERTY: 300 S . Set:Litv3 _ , Aspen, CO SCHEDULED PUBLIC HEARING DATE: JUNG SC , 200 STATE OF COLORADO ) ) ss. County of Pitlda ) raCry f'k7h (name, please print) being or representing an Applicant to the City of Aspen, Colorado, hereby personally certify that I have complied with the public notice requirements of Section 26.304.060 (E) of the Aspen Land Use Code in the following manner: K Publication of notice: By the publication in the legal notice section of an official paper or a paper of general circulation in the City of Aspen at least fifteen (15) days prior to the public hearing. A copy of the publication is attached hereto. Posting of notice: By posting of notice, which form was obtained from the Community Development Department, which was made of suitable, waterproof • materials, which was not less than twenty -two (22) inches wide and twenty -six (26) inches high, and which was composed of letters not less than one inch in; height. Said notice was posted at least fifteen (15) days prior to the public hearing and was continuously visible from the _ day of , 200 � to and including the date and time of the public hearing. A photograph of the posted notice (sign) is attached hereto. ATailing of notice. By the mailing of a notice obtained from the Community Development Department, which contains the information described in Section 26.304.060(E)(2) of the Aspen Land Use Code. At least fifteen (15) days prior to the public hearing, notice was hand delivered or mailed by first class postage prepaid U.S. mail to all owners of property within three hundred (300) feet of the property subject to the development application. The names and addresses of property owners shall be those on the current tax records of Pitkin County as they appeared no more than sixty (60) days prior to the date of the public hearing. A copy of the owners and governmental agencies so noticed is attached hereto. (continued on next page) • ti Mineral Estate Owner Notice. By the certified mailing of notice, return receipt requested, to affected mineral estate owners by at least thirty (30) days prior to the date scheduled for the initial public hearing on the application of development The names and addresses of mineral estate owners shall be those on the current tax records of Pitkin County. At a minimum, Subdivisions that create more than one lot, Planned Unit Developments, Specially Planned Areas, and COWAPs are subject to this notice requirement Rezoning or text amendment. Whenever the official zoning district map is in any way to be changed or amended incidental to or as part of a general revision of this Title, or whenever the tent of this Title is to be amended, whether such . revision be made by repeal of this Title and enactment of a new land use regulation, or otherwise, the requirement of an accurate survey map or other • sufficient legal description of, and the notice to and listing of names and addresses of owners of real property in the area of the proposed change shall be waived. However, the proposed zoning map shall be available for public inspection in the planning agency during all business hours for fifteen (15) days prior to the public hearing on such amendments. • S te 6 e • The foregoing "Affidavit of Notice" was acknowledged before me this day of f , 2001, by aCc f WITNESS MY HAND AND OFFICIAL SEAL My commission expires: a _ ► tOTIGE Notary Public • RE: 300 S. SPRING STREET - VESTED RIGHTS ION �k{ m NOTICE IS HEREBY Monday, that une public . 009, at hearing will ;49,4'4 • ...e �y , el tin held begin at 5 5 :00p .m. before ih meeting to begit :00 p Ha11513 tio 0 / T • It Gry GOnfCll. i Council Chambers ry (can ■ LAURA • I S. Galena St , Aspen, to consider n Oi app submitted by the 81621, h Corporation. P.O. Box r• ti h k MEYER 624 DasaIl, CO 61621, which develop t wn e of the an I ' subject property. The Applicant ATTACHMENTS AS APPLICABLE , �;. extension of vested rights li p develop ,4 site with i \-9,4....... • Q � / teir approved development lan for re a d feet of net leasable office space antl one HE PUBLICATION �ca- -- a Comme eriat Ph unit, com monly known au t he 1 1 Subdivision, Unit located at 3 5 Spr ring POSTED NOTICE (SIGN) , oF --" Subdiviaiat QpllOFTHE NT�AGENC ��' �811W2010 Street. For further information, contact Jennifer Dev to at the part to A 130 S. Galena Sty O ^,��.p E , � /`O �i F� Development Department, WIV S AND GO Aspen, on (9TO -2]59, . ic P iC e Oyy NERS NOTICE A pen Cif C. id, Meye Tf A7 'EST s/ Aspen °m Council As pen Times Weekly on May 24, T CERTIFICATION OF MINERAL 2009. the 134651891 As 'ED BYCR.S. §24- 65.5 -103. • ATTACHMENT 7 AFFIDAVIT OF PUBLIC NOTICE REQUIRED BY SECTION 26.304.060 (E), ASPEN LAND USE CODE ADDRESS OF PROPERTY: 300 South Spring Street, Unit A, Hannah Dustin Subdivision Aspen, CO SCHEDULED PUBLIC HEARING DATE: June 8 , 200 B STATE OF COLORADO ) ) ss. County of Pitkin ) I David J. Myler (name, please print) being or representing an Applicant to the City of Aspen, Colorado, hereby personally certify that 1 have complied with the public notice requirements of Section 26.304.060 (E) of the Aspen Land Use Code in the following manner: x Publication of notice: By the publication in the legal notice section of an official paper or a paper of general circulation in the City of Aspen at least fifteen (15) days prior to the public hearing. A copy of the publication is attached hereto. x Posting of notice: By posting of notice, which form was obtained from the Community Development Department, which was made of suitable, waterproof materials, which was not less than twenty -two (22) inches wide and twenty-six (26) inches high, and which was composed of letters not less than one inch in height. Said notice was posted at least fifteen (15) days prior to the public hearing and was continuously visible from the 219 day of May , 200 9 , to and including the date and time of the public hearing. A photograph of the posted notice (sign) is attached hereto. x Mailing of notice. By the mailing of a notice obtained from the Community Development Department, which contains the information described in Section 26.304.060(E)(2) of the Aspen Land Use Code. At least fifteen (15) days prior to the public hearing, notice was hand delivered or mailed by first class postage prepaid U.S. mail to all owners of property within three hundred (300) feet of the property subject to the development application. The names and addresses of property owners shall be those on the current tax records of Pitkin County as they appeared no more than sixty (60) days prior to the date of the public hearing. A copy of the owners and governmental agencies so noticed is attached hereto. (continued on next page) • 4 4* ..1 Rezoning or text amendment. Whenever the official zoning district map is in any way to be changed or amended incidental to or as part of a general revision of this Title, or whenever the text of this Title is to be amended, whether such revision be made by repeal of this Title and enactment of a new land use regulation, or otherwise, the requirement of an accurate survey map or other sufficient legal description of, and the notice to and listing of names and addresses of owners of real property in the area of the proposed change shall be waived. 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TEWKESBURY RD 10 BYRON LN RED OAK, IA 51566 SCARSDALE, NY 10583 MUSCATINE, IA 52761 CAVES KAREN W CHATEAU ASPEN CONDO ASSOC CHATEAU ASPEN UNIT 21 -A LLC 1 BARRENGER CT 630 E COOPER AVE BLDG 421 -G AABC NEWPORT BEACH, CA 92660 ASPEN, CO 81611 ASPEN, CO 81611 CHATELET CONDO ASSOC CHOOKASZIAN KAREN M CITY MARKET INC COMMON AREA 1100 MICHIGAN DILLON RE CO INC ATTN REAL ESTATE 250 S ORIGINAL ST WILMETTE, IL 60091 DEPT ASPEN, CO 81611 PO BOX 5567 DENVER, CO 80217 -5567 CLARY EDGAR D IV CM LLC CM LLC PO BOX 4816 C/O O K & G CIO ROGER MAROLT BASALT, CO 81621 533 E HOPKINS 230 S MILL ST ASPEN, CO 81611 ASPEN, CO 81611 COLBY WARD COLOSI THOMAS W COOPER SPRINGS LLC 715 E HYMAN #20 715 E HYMAN AVE APT 6 393 N COLUMBIA AVE ASPEN, CO 81611 ASPEN, CO 81611 -2099 COLUMBUS, OH 43209 CRAFT LESTER R JR DAILY CONNIE M DALY CAROL CENTER 2026 VETERAN AVE 715 E HYMAN AVE #14 155 LONE PINE RD C -11 LOS ANGELES, CA 90025 -5722 ASPEN, CO 81611 ASPEN, CO 81611 DEVINE RALPH R DIBRELL CHARLES G JR & FRANCES DODEA 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ASPEN, CO 81612 ASPEN, CO 81611 ASPEN, CO 81611 GILBERT GARY GODBOLD EDMUND 0 GOFEN ETHEL CARO TRUSTEE 1556 ROYAL BLVD C/0 ADAH G PHELPS 455 CITY FRONT PLAZA GLENDALE, CA 91207 2424 N GREENWOOD ST CHICAGO, IL 60611 PUEBLO, CO 81003 -3648 • • GOLDEN PANTHERS LLC GOODING SEAN A 80% & RICHARD L GORGE MICHAEL D & WENDY S C/O LINO MARTIRE 20% 25300 FRANKLIN PARK DR 60 S MARKET ST #1400 C/0 PARAGON RANCH INC SAN JOSE, CA 95113 -2396 620 E HYMAN AVE #1 E FRANKLIN, MI 48025 ASPEN, CO 81611 GROSFELD ASPEN PROPERTIES HAYLES THOMAS HEMP SUZANNE LIV TRUST PARTNERS LLC 715 E HYMAN AVE #5 15470 POMONA RD 10880 WILSHIRE BLVD #2222 ASPEN, CO 81611 BROOKFIELD, WI 53005 LOS ANGELES, CA 90024 HENDRICKS SIDNEY J HUGHES CONSTANCE L HUNKE CARLTON J LVG TRST HENDRICKS YOLANDE EVERHARD 5580 LAJOLLA BLVD #511 4410 TIMBERLINE DR SW 6614 LAKEVILLE RD LAJOLLA, CA 92037 FARGO, ND 58103 PETALUMA, CA 94954 -9256 HUNT SARAH J HUNTER PLAZA ASSOCIATES LLP ISRAEL FAMILY PARTNERSHIP LTD 715 E HYMAN AVE #22 C/0 CAPMARK FINANCE INC 263 OCEAN BLVD ASPEN, CO 81611 200 WITMER RD GOLDEN BEACH, FL 33160 HORSHAM, PA 19044 -6657 JOHNSON BARBARA WEAVER LIVING JOYCE EDWARD KANTAS NICOLETTE TRUST 11 S LA SALLE ST #1600 715 E HYMAN AVE #15 PO BOX 3570 CHICAGO, IL 60603 -1211 ASPEN, CO 81611 LAS CRUCES, NM 88003 KASHINSKI MICHAEL R KELLY NORA D TRUST 50% KOEPPEL KEVIN F TRUST 0343 GROVE CT C/O THE BUCKHORN ARMS LLC C/0 NEWMARK S M TRUSTEE ASPEN, CO 81611 732 E COOPER AVE 3551 ST GAUDENS RD ASPEN, CO 81611 COCONUT GROVE, FL 33133 KRAJIAN RON KUTINSKY BRIAN LANDA MICHAEL B 617 E COOPER AVE #114 7381 MOHANSIC DR 851 S JOSEPHINE ST ASPEN, CO 81611 BLOOMFIELD HILLS, MI 48301 DENVER, CO 80209 LANDIS JOSHUA B LANDRY ELIZABETH J LAZY J RANCH LLC 715 E HYMAN AVE #4 PO BOX 3036 C/O W R WALTON ASPEN, CO 81611 ASPEN, CO 81612 PO BOX 665 ASPEN, CO 81612 LEGNAME RUDI REV TRUST LIEB MADELINE TRUST MALLARD ENTERPRISES LP 250 S ORGINAL ST APT E 800 E HYMAN AVE #A 317 SIDNEY BAKER S #400 ASPEN, CO 81611 -2057 ASPEN, CO 81611 KERRVILLE, TX 78028 MARTELL BARBARA MAVROVIC ERNA MAYLE KENNETH D 702 E HYMAN AVE 530 E 72ND ST APT 15 -C 715 E HYMAN AVE #3 ASPEN, CO 81611 NEW YORK, NY 10021 ASPEN, CO 81611 -2063 • MCCUTCHIN GENE P MCFADDEN GORDON K MCKENZIE MILTON & ARETA 2003 REV 14833 MIDWAY #200 18519 E VALLEY RD TRUST ADDISON, TX 75001 KENT, WA 98032 14860 MONTFORT #209 DALLAS, KS 75254 MCMURRAY WILLIAM & HELEN MIAO SANDRA MIKI 29 MIDDLE HEAD RD 9610 SYMPHONY MEADOW LN PO BOX 444 MOSMAN NSW 2088 • VIENNA, VA 22182 ASPEN, CO 81612 AUSTRAILIA, MJM AMENDED & RESTATED TRUST MOEN DONNE P & ELIZABETH A MONTANARO JOHN & SUSAN FAMILY 1776 S LANE 8 CABALLEROS RD TRUST NORTHBROOK, IL 60062 ROLLING HILLS, CA 90274 PO BOX 457 MALIBU, CA 90265 MYSKO BOHDAN D N S N ASSOCIATES INC NATTERER HELEN 418 E COOPER AVE SUITE 200 11051 W ADDISON ST 67 BAYPOINT CRES ASPEN, CO 81611 FRANKLIN PARK, IL 60131 OTTAWA ONTARIO CANADA, K2G6R1 NETHERY BRUCE NEUMANN MICHAEL NIELSON COL STEVE & CAROL D 715 E HYMAN AVE #25 7381 MOHASNIC DR 501 S FAIRFAX ASPEN, CO 81611 -2063 BLOOMFIELD HILLS, MI 48301 ALEXANDRIA, VA 22314 OLITSKY TAMAR & STEPHEN OLITSKY TAMAR G & STEPHEN L P & L PROPERTIES LLC PO BOX 514 2127 HAINES WY 101 SOUTH 3RD ST #360 GWYNEDD VALLEY, PA 19437 LANSDALE, PA 194-46 GRAND JUNCTION, CO 81501 PACIFIC WEST INVESTMENTS LLC PATIO BUILDING COMPANY LLC PEARSON REBECCA J 7115 ORCHARD LAKE RD STE 220 PO BOX 1066 1610 JOHNSON DR WEST BLOOMFIELD, MI 48322 ASPEN, CO 81612 STILLWATER, MN 55082 PETERSON CHRISPY & JAMES E PORTE BROOKE PRICE GAIL 867 HAVEN CREST CT NORTH 3520 PADDOCK RD CIO ASPEN POTTERS INC GRAND JUNCTION, CO 81506 WESTON, FL 33331 -3521 231 E MAIN ST ASPEN, CO 81611 RAHLEK LTD AT BANK OF AMERICA RAYMOND KIMBERLY A RED FLOWER PROP CO PTNSHP HARDING & CARBONE INC 802 E COOPER AVE 14 E 60TH ST STE 1200 3903 BELLAIRE BLVD ASPEN, CO 81611 NEW YORK, NY 10022 -7114 HOUSTON, TX 77025 REICH DANIEL S TRUST 20% REICH MELVIN L TRUST 80% REVOLUTION PARTNERS LLC 6 RINCON ST 4609 SEASHORE DR PO BOX 1247 IRVINE, CA 92702 NEWPORT BEACH, CA 92663 ASPEN, CO 81612 • N. 4 ROSS JOHN F RUBENSTEIN ALAN B & CAROL S RUST TRUST 7600 CLAYTON RD 57 OLDFIELD DR 9401 WILSHIRE BLVD #760 ST LOUIS, MO 63117 SHERBORN, MA 01770 BEVERLY HILLS, CA 90212 RYERSON GEORGE W JR S & S REALTY PARTNERS LLC SAHN KAREN R 715 E HYMAN AVE #17 1040 FIFTH AVE #2C 715 E HYMAN AVE #11 ASPEN, CO 81611 NEW YORK, NY 10028 ASPEN, CO 81611 -2063 SAHR KAREN M SAKSON DREW SANDIFER C W JR TRUST 50% 715 E HYMAN AVE #8 PO 8OX 1625 SANDIFER DICKSIE L TRUST 50% ASPEN, CO 81611 CARBONDALE, CO 81623 -4625 240 LINDEN DR BOULDER, CO 80304 SCHEINKMAN NANCY SCHEUERMAN JOANNE E SCHNITZER KENNETH L & LISA L 715 E HYMAN AVE #23 200 LOCUST ST #23A 2100 MCKINNEY AVE #1760 ASPEN, CO 81611 PHILADELPHIA, PA 19106 DALLAS, TX 75201 SCI ASPEN LLC SEGUIN JEFF W & MADALYN B SEGUIN MARY E TRUST 21554 MOUNTSFIELD DR PO BOX 8852 2404 LORING ST #155 GOLDEN, CO 80401 ASPEN, CO 81612 SAN DIEGO, CA 92109 -2347 SHARP TERRI L SHERWIN GREGORY SHUMATE MARK 715 E HYMAN AVE #12 2907 SHADOW CREEK DR #104 1695 RIVERSIDE RD ASPEN, CO 81611 BOULDER, CO 80303 ROSWELL, GA 30076 SILVER CITY TOWNHOMES CONDO SILVER DIP EQUITY VENTURE LLC SMART EDWIN J ASSOC C/O R L STEENROD JR & ASSOC COMMON AREA 2100 MCKINNEY STE 1760 2009 MARKET ST 727 E HOPKINS AVE DALLAS, TX 75201 DENVER, CO 80205 -2022 ASPEN, CO 81611 SMITH ALICIA M SMITH JEFFREY L STERLING TRUST COMP 715E HYMAN AVE #16 851 S JOSEPHINE ST C/O BERG ALAN M ASPEN, CO 81611 DENVER, CO 80209 110 STONE CANYON RD LOS ANGELES, CA 90077 STRIBLING DOROTHY THOMPSON RICHARD P WACHOVIA BANK NA FL0135 TERMINELLO DENNIS J & KERRY L RUSHING JIMMY C PO BOX 40062 656 RIDGEWAY 1171 BEACH BLVD JACKSONVILLE, FL 32203 -0062 WHITE PLAINS, NY 10605 -4323 JACKSONVILLE, FL 32250 TREUER CHRISTIN L TROUSDALE JEAN VICK VAUSE FAMILY TRUST 981 E BRIARWOOD CIR N 611 E HOPKINS AVE 3020 PLAZA DE MONTE LITTLETON, CO 80122 ASPEN, CO 81611 LAS VEGAS, NV 89102 .P, VICTORIAN SQUARE LLC WALLEN- OSTERAA REV LIVING TRUST WALLING REBECCA C/O KATIE REED MGT 36 OCEAN VISTA 350 BLANCA AVE 418 E COOPER AVE NEWPORT BEACH, CA 92660 TAMPA, FL 33606 ASPEN, CO 81611 WARNKEN MARK G WEIDEL LAWRENCE W WEIGAND BROTHERS LLC 1610 JOHNSON DR PO BOX 1007 150 N MARKET STILLWATER, MN 55082 MONROE, GA 30655 WICHITA, KS 67202 WELLS RICHARD A & SUSAN T TRUST WHITE WINDOWS LLC WILLIAMS CRAIG & LEE FAMILY C/O MOORE & VAN ALLEN/ THOMAS 614 E DURANT AVE PTNRSHP OBANNON ASPEN, CO 81611 8990 HEMPSTEAD HWY #200 100 N TRYON ST 47TH FLR HOUSTON, TX 77008 CHARLOTTE, NC 28202 WISE JOSEPH WOODS FRANK J III YERAMIAN CHARLES 1320 HODGES ST 205 S MILL ST #301A PO BOX 12347 RALEIGH, NC 27604 -1414 ASPEN, CO 81611 ASPEN, CO 81612 ZENSEN ROGER 313 FRANCES THACKER WILLIAMSBURG, VA 23185 n PcW� 2 737 - i 8 - 2- - ao( 0024 - •2 j. !—/.4 Elie Edit Retard Navigate Form Reports Format Iab I1eIP Q a! SS Jaw:, a, u ,L21, , ; : 01 6 r 4', R' Lr )►1 Iw• ,I :J Iron IParc* IFS! x, 0 1 Atta-chmrts IRDS09 Raba 1R0utlrq 4 ► I Permt Type Iaslu JAspen Land Use Permit I I0024.2009.A5LU Address 1300 5 SPRING ST J Apt/Suite I 1 City (ASPEN State CO Zip 61611 j • 't Information - --- _ ___. Kt' it Master Permit' J 7 Routing Queue aslu07 Applied 03130 J J Project ) Status (pending Approved 1------ J Description EXTENTION OF VESTED RIGHTS FOR THE HANNAH DUSTIN SUBDIVISION FROM JULY Issued 1 LI i 31, 2009 TO JULY 31, 2012 tt Final _ '. r- § S ubmitted SNOWMASS CORP 1 I Clock Running Days Expires 0 J 4 1 i' Last Name (HANNAH DUSTIN BUILDING =1 Fest Name I 229 MIDLAND AVE i x ? BASALT CO 81621 Phone I r Owner Is Appkant? ____ . _.. __.. - __ . Last Name 15NOWMA55 CORP 2 First Name' PO BOX 5000 1 I SNOWMASS VILLAGE CO 81615 Phone I Cust * 123706 zi i� p ! ender — -- -- -. _._ - -- - -- --- -- -- -- 1 last Name I A First Name I A lit it ki Phone I sir. Ari AspenG010) _ ' Record: 1 of 1 CV i I , 4.70 0 ° 1 0 Co G •- CCM '20 — 01 0 -1 Cep ki e .-,r) dkn ClL - -pk :600 k- SkeJf 4 - 4 -n r - 1 1 "-e- a doe` -es 5 Pier ' .. 3/300 ,5 i . ATTACHMENT 2 —LAND USE APPLICATION PROJECT: �, �"� �✓a'� Name: Hannah Dustin Subdivision A , 300 Spring Street, Aspen, � %/4 <U0 '� Location: 9 en, CO 81611 P (Indicate street address, lot & block number, legal description where appropriate) /1 -7 Qp4 /V Parcel ID # (REQUIRED) 2"7 37- l S- 2- 27 — 00 I FNS APPLICANT: Name: Snowmass Corporation Address: P. O. Box 620, Basalt, CO 81621 Phone #: (970) 927 -0847 REPRESENTATIVE: Name: David J. Myler, The Myler Law Firm, P.C. Address: 211 Midland Avenue, Suite 201, Basalt, CO 81621 Phone #: (970) 927 -0456 TYPE OF APPLICATION: (please check all that apply): ❑ GMQS Exemption ❑ Conceptual PUD ❑ Temporary Use ❑ GMQS Allotment ❑ Final PUD (& PUD Amendment) ❑ Text/Map Amendment ❑ Special Review ❑ Subdivision ❑ Conceptual SPA ❑ ESA — 8040 Greenline, Stream ❑ Subdivision Exemption (includes ❑ Final SPA (& SPA Margin, Hallam Lake Bluff, condominiumization) Amendment) Mountain View Plane ❑ Commercial Design Review ❑ Lot Split ❑ Small Lodge Conversion/ Expansion ❑ Residential Design Variance ❑ Lot Line Adjustment • Other: Extension of Vested Rights ❑ Conditional Use EXISTING CONDITIONS: (description of existing buildings, uses, previous approvals, etc.) Development of mixed use project approved by Ordinance No. 16, Series of 2006, including a Subdivision Agreement. PROPOSAL: (description of proposed buildings, uses, modifications, etc.) To provide extension of the current vested rights period from July 31, 2009 to July 31, 2012. Have you attached the following? FEES DUE: $ 1,470.00 • Pre - Application Conference Summary • Attachment #1, Signed Fee Agreement • Response to Attachment #3, Dimensional Requirements Form ▪ Response to Attachment #4, Submittal Requirements- Including Written Responses to Review Standards ❑ 3 -D Model for large project All plans that are larger than 8.5" X 11" must be folded. A disk with an electric copy of all written text (Microsoft Word Format) must be submitted as part of the application. Large scale projects should include an electronic 3 -D model. Your pre - application conference summary will indicate if you must submit a 3 -D model. HYMAN STREET BROWNSTONES, LLC c/o John A. Elmore 11 P. O. Box 381 Wrightsville Beach, NC 28480 (970) 379 -7955 April 21, 2009 City of Aspen Community Development Department Attention: Jennifer Phelan 130 South Galena Street Aspen, CO 8161 I RE: Application for Extension of Vested Rights 300 Spring Street (Hannah Dustin) Dear Jennifer: I, John A. Elmore II, as Manager of Hyman Street Brownstones, LLC (the owner of Unit B, Hannah Dustin, a Condominium), hereby authorize the Snowmass Corporation (the owner of Unit A, Hannah Dustin, a Condominium), through The Myler Law Firm, P.C., to submit and process an Application for Extension of Vested Rights for Hannah Dustin (300 Spring Street, Aspen, Colorado). If you have any questions or require any additional information, please do not hesitate to contact me. Very truly yours, HYMAN STREET BROWNSTONES, LLC By =� Jo A. Elmore II, Manager CITY OF ASPEN PRE - APPLICATION CONFERENCE SUMMARY PLANNER: Errin Evans, 429 -2745 DATE: 03.10.2009 PROJECT: 300 Spring Street (Hannah Dustin) — Extension of Vested Rights REPRESENTATIVE: Robyn Myler Tel: 927 -0456 DESCRIPTION The Applicant would like to request an extension of vested rights for the Hannah Dustin project. The project consists of residential and commercial additions to the existing building located at 300 S Spring Street. The residential portion of the project is complete and the applicant has not yet completed the commercial portion of 2,440 square feet. To receive an extension of vested rights, the applicant must submit an application to Council for approval by resolution at a public hearing. Land Use Code Section(s) 26.304.030 Common Development Review Procedures 26.308.010 Vested Property Rights http://www.aspenpitkin.com/deptsf Review by: - Staff for complete application - Referral agencies for technical considerations - City Council Planning Fees: $1470 Deposit for 6 hours of Staff time (additional planning hours over deposit amount are billed at a rate of $235/hour). Total Deposit: $1470 To apply, submit the following information: 1. Total deposit for review of the application. 2. Proof of ownership. 3. Completed Land Use Application Fomi. 4. A letter signed by the applicant, with the applicant's name, address and telephone number in a letter signed by the applicant, which states the name, address and telephone number of the representative authorized to act on behalf of the applicant. 5. Signed fee agreement. 6. Pre - application conference summary. 7. Street address and legal description of the parcel on which development is proposed to occur, consisting of a current certificate from a title insurance company, or attorney licensed to practice in the State of Colorado, listing the names of all owners of the property, and all mortgages, judgments, liens, easements, contracts and agreements affecting the parcel, and demonstrating the owner's right to apply for the Development Application. 8. A written description of the proposal and an explanation in written, graphic, or model form of how the proposed development complies with the review standards relevant to the development application. Please include existing conditions as well as proposed. 9. An 8 1/2" by 11" vicinity map locating the parcel within the City of Aspen. 10. Additional application material as required for each specific review. (See application packet and land use code) 11. Approved development plans on which vested rights are to be extended. 12. Copies of prior approvals. 13. 10 Copies of the complete application packet and maps. Disclaimer: The foregoing summary is advisory in nature only and is not binding on the City. The summary is based on current zoning, which is subject to change in the future, and upon factual representations that may or may not be accurate. The summary does not create a legal or vested right. 4 r CITY OF ASPEN COMMUNITY DEVELOPMENT DEPARTMENT -' > s Agreement for Payment of City of Aspen Development Application Fees , -'0,1 / a ',. c V t ? CITY OF ASPEN (hereinafter CITY) and Snowmass Corporation (hereinafter APPLICANT) AGREE AS FOLLOWS: Fli 1. APPLICANT has submitted to CITY an application for Extension of Vested Rights for the Hannah Dustin Subdivision (hereinafter, THE PROJECT). 2 APPLICANT understands and agrees that the City of Aspen has an adopted fee structure for Land Use applications and the payment of all processing fees is a condition precedent to a determination of application completeness. 3. APPLICANT and CITY agree that because of the size, nature or scope of the proposed project, it is not possible at this time to ascertain the full extent of the costs involved in processing the application. APPLICANT and CITY further agree that it is in the interest of the parties that APPLICANT make payment of an initial deposit and to thereafter permit additional costs to be billed to APPLICANT on a monthly basis. APPLICANT agrees additional costs may accrue following their hearings and/or approvals. APPLICANT agrees he • will be benefited by retaining greater cash liquidity and will make additional payments upon notification by the CITY when they are necessary as costs are incurred. CITY agrees it will be benefited through the greater certainty of recovering its full costs to process APPLICANT'S application. 4. CITY and APPLICANT further agree that it is impracticable for CITY staff to complete processing or present sufficient information to the Historic Preservation Commission, Planning and Zoning Commission and/or City Council to enable the Historic Preservation Commission, Planning and Zoning Commission and /or City Council to make legally required findings for project consideration, unless current billings are paid in full prior to decision. 5. Therefore, APPLICANT agrees that in consideration of the CTTY's waiver of its right to collect full fees prior to a determination of application completeness, APPLICANT shall pay an initial deposit in the amount of $ 1,470.00 which is for six (6) hours of Community Development staff time, and if actual recorded costs exceed the initial deposit, APPLICANT shall pay additional monthly billings to CITY to reimburse the CITY for the processing of the application mentioned above, including post approval review at a rate of $235.00 per planner hour over the initial deposit. Such periodic payments shall be made within 30 days of the billing date. APPLICANT further agrees that failure to pay such accrued costs shall be grounds for suspension of processing, and in no case will building permits be issued until all costs associated with case processing have been paid. CITY OF ASPEN APPLICANT SNOWMA1 CO'PORATION By: By: I/1, '. Chris Bendon ,P!A w W. Light, Swe Lideasurer Community Development Director Date: 3— 7) -fl Billing Address and Telephone Number: P. O. Box 620 Basalt, CO 81621 THE MYLER LAW FIRM, P.C. TELEPHONE DAVID J. MYLER' A Colorado Professional Corporation (970) 927 -0456 ROBYN J. MYLER' 1' FACSIMILE (970) 927-0374 ADMITTED IN CO', NY', CT' 211 MIDLAND AVENUE EMAILS SUITE 201 dmyler @mylerlawpC. rmyler@mylerlawpc.com BASALT, COLORADO 81621 meff @mylerlawpc.00m C C ONN NN IE A WOOD, LEGAL ASSISTALEGALASSISTANT cwood @mylerlawpc.com OIASSISTANT March 26, 2009 „ 3 2L'ir9 VIA OSM DELIVERY Errin Evans ;OMMUNJJY DEVELOPMENT City of Aspen Community Development Department 130 South Galena Street, Third Floor Aspen, CO 81611 RE: Request for Extension of Vested Rights - 300 Spring Street (Hannah Dustin) Dear Errin: Enclosed are the materials required by the Pre - Application Conference Summary for the above - referenced request for extension of vested rights, along with Check #20- 010807 for $1,470.00 from Snowmass Corporation to cover the initial fees for this Application. We have provided an original and 10 copies of these materials for your use. Please let me know if you need anything further. Very truly yours, THE MYLER ^ FIRM, P.C. i By: David J. Myler -- Enclosures ATTACHMENT 3 DIMENSIONAL REQUIREMENTS FORM Project: Hannah Dustin Condominiums, Unit A Applicant: Snowmass Corporation Location: 300 Spring Street, Lots A, B, C. D, Block 105 Zone District: Condominium Lot Size: Approximately 0.1378 Lot Area: (for the purposes of calculating Floor Area, Lot Area may be reduced for areas within the high water mark, easements, and steep slopes. Please refer to the definition of Lot Area in the Municipal Code.) Commercial net leasable: Existing: Proposed: 2440 sq. ft. Number of residential units: Existing: Proposed: 1 Affordable Unit Number of bedrooms: Existing: Proposed: 2 Bedrooms Proposed % of demolition (Historic properties only): N/A DIMENSIONS: Floor Area: Existing: 7992.16 Allowable: Proposed: Principal bldg. height: Existing: N/A Allowable: N/A Proposed.. N/A Access. bldg. height: Existing: N/ A Allowable: N/A Proposed: N/A On -Site parking: Existing: N/A Required.. N/A Proposed: N/A % Site coverage: Existing: N/A Required.. N/A Proposed: N/A % Open Space: Existing: N/A Required: N/A Proposed.. N/A Front Setback: Existing: N/A Required: N/A Proposed: N/A Rear Setback: Existing: N/A Required.: N/A Proposed: N/A Combined F/R: Existing: N/A Required: N/A Proposed: N/A Side Setback: Existing: N/A Required: N/A Proposed: N/A Side Setback: Existing: N/A Required: N/A Proposed: N/A Combined Sides: Existing: N/A Required: N/A Proposed.. N/A Distance Between Existing N/A Required: N/A Proposed: N/A Buildings Existing non - conformities or encroachments: Variations requested: ------ c.tri" — f .„ , - - '.:: ! , .. - 1 ' , ,....•i. • :. jsr,,, de a ,,-'.. it.74,7■Aer ,- ,7 70. et 6•14 '10 .. - - -- t " .4,, '.. , , - 'N .'. • • ..it fr. :41 -4:-.. a.... et • ,"..., .,” ...I, _ : r 2 A A • ' --* a ' ' ' n I '" . 17; n4 A • . ,er Ili t eb ` 'IN ., -- . :... " .:;`, ‘ • .,„.1- •--. " -r .-- „,„, - - , •'*.t!.,11/ ift. 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R `"" --; a 1 - 4 ; k it AS; \ % -'' '''':14":_ alt ` '' .- .-(4.--. 41 4 - - ,, * ,!.. - .-,,,‘", ce41,. r - ' . — ...„. „, • - .1 - , . -J.– . — c o '-' , .0for e - 6„-/. i . .12 • • ' 14.--f ''..2, , u v ' ' 'f'•• ' • AI Sp% 0 i . t 4. 4 • - der ,, sk $ 6 '; • g g 1 i' e ;: - g , 2 1 4 4, t : - as i tr ' L 49 e 1 VIVALks *4 C l iti ITY 3 0 it s 0 7 it. g 4, tia 6 6 ''' 4 4 1'4" ° L...- k it iiirra.1 q WI i7 ' Il e : g " '7 I-.I rim: c • r ..t , T4-.7, ' 1'7' iit - I rignit t- 6 , t - • -- , -- , , -, ,-,.. • 0 -..„, 44%,,,i,s. fir ce , 4 a 4 %* ' -. • .. e• 1 , c OS. e - e • ....-,, ,.. - MEMORANDUM OF OWNERSHIP - ACCOMMODATION NO LIABILITY PITKIN COUNTY TITLE, INC., A DULY LICENSED TITLE INSURANCE AGENT IN THE STATE OF COLORADO. BY EXAMINATION OF THE RECORDS OF THE CLERK AND RECORDER OF PITKIN COUNTY, COLORADO, DISCLOSES THE FOLLOWING: GRANTEE IN THE LAST INSTRUMENT OF CONVEYANCE SNNOMASS CORPORATION N LEGAL DESCRIPTION O/V4p,, u, 2e119 ovit i> F1/FF2,,�� tr UNIT A, HANNAH - DUSTIN CONDOMINIUMS, according to the Plat thereof recorded October 2, 19W at Book 17 at Page 78 as Reception No. 271969 and First Amended Plat of the Hannah Dustin Condominiu s, recorded August 29, 2006 in Plat Book 80 at Page 3 as Reception No. 527927, and as defined and described by the Amended and Restated Condominium Declaration of HANNAH - DUSTIN, A CONDOMINIUM recorded August 29, 2006 as Reception No. 527925 and as shown on the HANNAH DUSTIN SUBDIVISION PLAT, recorded Septemer 25, 2006 in Plat Book 81 at Page 44 as Reception No. 528934. DEED OF TRUST APPARENTLY UNRELEASED DEED OF TRUST FROM : SNOWMASS CORPORATION TO THE PUBLIC TRUSTEE OF THE COUNTY OF PITKIN FOR THE USE OF : BANK OF AMERICA, N.A. TO SECURE : $8,000,000.00 DATED : 09/04/2008 RECORDED : 09/08/2008 RECEPTION NO. : 552734 Assignment of Leases and Rents and Other Income recorded September 8, 2008 and UCC Filing recorded September 8, 2008 as Reception No. 552736. LIENS AND JUDGMENTS (AGAINST LAST GRANTEE) APPARENTLY UNRELEASED NONE THIS INFORMATION IS FOR YOUR SOLE USE AND BENEFIT AND IS FURNISHED AS AN ACCOMMODATION. THE INFORMATION HAS BEEN TAKEN FROM THE PUBLIC RECORDS, WITHOUT REFERENCE TO, OR EXAMINATION OF, INSTRUMENTS WHICH PURPORTS TO AFFECT THE REAL PROPERTY. THE INFORMATION IS NEITHER GUARANTEED NOR CERTIFIED, AND IS NOT AN ABSTRACT OF TITLE, OPINION OF TITLE, NOR A GUARANTY OF TITLE, AND OUR LIABILITY IS LIMITED TO THE AMOUNT CHARGED FOR THIS REPORT. EFFECTIVE DATE: MARCH 11, 2009 PITKIN COUNTY TITLE, INC. BY: - r Authorized Officer JOB NO: ACCOM2442 • SNOWMASS CORPORATION c/o Andrew W. Light P. O. Box 620 Basalt, CO 81621 (970) 927-0847 March 24, 2009 City of Aspen Community Development Department Attention: Errin Evans 130 South Galena Street Aspen, CO 81611 RE: Application for Extension of Vested Rights 300 Spring Street (Hannah Dustin Subdivision) Dear Erin: I, Andrew W. Light, as Secretary/Treasurer of the Snowmass Corporation, hereby authorize The Myler Law Firm, P.C. to submit and process on our behalf an Application for Extension of Vested Rights for the land area in the City of Aspen shown on enclosed Exhibit A. The names and relevant contacts are as follows: ` The Myler Law Firm, P.C. David J. Myler and Robyn J. Myler 211 Midland Avenue, Suite 201 Basalt, Colorado 81621 (970) 927-0456 Thank you for your consideration of this Application. If you have any questions or require any additional information, please do not hesitate to contact me. Very truly yours, SNOW ORPORA) / By: 'at r S 1 11 7Ar dre 7 W. fight, Se etary/Treasurer Enclosure EXHIBIT A LEGAL DESCRIPTION UNIT A, HANNAH - DUSTIN CONDOMINIUMS, according to the Plat thereof recorded October 2, 1985, in Plat Book 17 at Page 78, as Reception No. 271969, and First Amended Plat of the Hannah Dustin Condominiums, recorded August 29, 2006, in Plat Book 80 at Page 3, as Reception No. 527927, and as defined and described by the Amended and Restated Condominium Declaration of HANNAH - DUSTIN, A CONDOMINIUM, recorded August29, 2006, as Reception No. 527925. and as shown on the HANNAH DUSTIN SUBDIVISION PLAT, recorded September 25, 2006. in Plat Book 81 at Page 44. as Reception No. 528934. ,, , inn o - s o I YY 7 i-' V n 4 O ?iv y25 m _ O lJ O e; a s z i z C=A ,'n ava�'cx to �c e O VI V .;� SOVTB p ° SPR rNG 8 o 9,, , °. T ° S RgET M% a,. 1 l . 0 • a I I \ 0 ; if ii• 2: --- „ 2.- s o/ A. $ o 2 , d .. 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