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coa.lu.pu.Aspen MtnExtensionSection M.A32-91
CASELOAD SUMMARY SHEET City of Aspen DATE RECEIVED: PARCEL ID AND CASE NO. DATE COMPLETE: A32-91 STAFF MEMBER: DM/AM PROJECT NAME: Aspen Mountain Subdivision-Request for Extension- Section M of PUD for The Ritz-Carlton Project Address: Legal Address: . APPLICANT: Savanah Limited Partnership Applicant Address: REPRESENTATIVE: Robert Hughes, Oates Hughes & Knezevich Representative Address/Phone: 533 East Hopkins Avenue Aspen, CO 81611 0-1700 AMOUNT Due: 780. 00 NO. OF COPIES RECEIVED TYPE OF APPLICATION: 1 STEP: X 2 STEP: P&Z Meeting Date PUBLIC HEARING: YES NO JA VESTED RIGHTS: YES NO CC Meeting Date PUBLIC HEARING: YES NO VESTED RIGHTS: YES NO Planning Director Approval: f� Paid: Insubstantial Amendment or Exemption: 'a Date: REFERRALS: City Attorney Mtn Bell School District -City Engineer Parks Dept. Rocky Mtn NatGas Housing Dir. Holy Cross State HwyDept(GW) Aspen Water Fire Marshall State HwyDept(GJ) City Electric Building Inspector Envir.Hlth. Roaring Fork Other Aspen Con.S.D. Energy Center DATE REFERRED: INITIALS: FINAL ROUTING: DATE ROUTED: INITIAL: City Atty City Engineer Zoning Env. Health Housing Other: FILE STATUS AND LOCATION: IMMEDIATE RELEASE Contact: R.J. Gallagher Wednesday, August 28, 1991 303-925-4272 From: Savanah Limited Partnership SAVANAH LIMITED PARTNERSHIP ANNOUNCES PLANS TO COMPLETE RITZ PROJECT Aspen -- Representatives of Aspen Enterprises International (AEI) announced today that construction to complete the Ritz Carlton hotel will resume and that Savanah Limited Partnership will proceed as planned with all related development projects, including the construction of employee housing units . Savanah also reaffirmed its commitment to transfer the Aspen Meadows property as a permanent home for the community's non-profit residents . Savanah will post a $4 million bond with the city by September 1 to demonstrate its commitment to finish the hotel. At a news conference on the Ritz construction site in Aspen, Abdul Aziz Al Shehail, the worldwide director of all Sheik Abdul Aziz A1-Ibrahim's business enterprises, was joined by Ed Staros, regional vice president of the Ritz Carlton Hotel Company and Michael Candler manager pf projects with the Bechtel Corporation, to announce the decision to- move forward with construction on the hotel. "After many weeks of discussion and careful evaluation, we are delighted to give the green light to this project, " said Aziz Al Shehail. "With a few slight modifications to the internal design of the hotel, we can move ahead and build the distinctive five-star property the people of Aspen have been awaiting. " "We have worked closely with the Ritz designers and with our new project management staff from Bechtel to come up with a revised design that improves the economic viability of the hotel and does not detract at all from the property itself, " said Aziz Al Shehail. "We will be discussing these modifications with the city and the community in the coming weeks . " Savanah said the design changes in the hotel relate to the internal composition, and include converting a number of guest rooms on the top two floors of the Blue Spruce building to residential units and converting one of the three planned restaurants for other uses . These changes will reduce to approximately 261 the total number of guest rooms in the hotel. -more- Ritz Completion add one Joe Imbriani, project manager for Savanah, said construction crews would be gearing up in the next several weeks and would be fully underway by mid-fall . PCL Construction will continue as the general contractor on the development, and Bechtel will assume responsibility as project manager, overseeing quality control, building schedules and design modification. The current staff of Savanah Limited Partnership will remain in place. "Bechtel is one of the best engineering and construction companies in the world, and these people have vast experience working on similar projects under tight conditions and time constraints, " Imbriani said. "We are confident we will get this project underway in short order. " "We are delighted that we were able to work out these basic modifications to the hotel design to make this project work, and we are looking forward to the opening of what we believe will be the premier luxury ski resort hotel in America, " said Staros, a regional vice president with the Ritz Carlton Hotel Company. Aziz Al Shehail said other ?aspen projects related to the hotel development would be completed as planned, including the construction of the Ute City Place for employee housing and the construction of a community ice rink and park in downtown Aspen. Al Shehail also confirmed Savanah will transfer the Aspen Meadows property to the Aspen Institute and the other non-profit residents of the city. "There still are a couple of minor issues to be resolved with the city and with other outside parties , but we are certain these matters will be settled quickly and we can proceed with the plans for the Meadows, " said Al Shehail . "We are determined to honor our commitments to the non-profit community and transfer this property as quickly as possible. " "The people of Aspen voted nearly two years ago to build a luxury resort hotel in this community, and unfortunately a number of unexpected obstacles delayed construction progress, which has understandably caused some concern among community members, " said Aziz Yayha, president of Newfield Enterprises, asset manager for AEI . "But all those things are past us now, and in partnership with Ritz Carlton, we are looking forward to becoming a permanent contributor to the economic, social and cultural fabric of Aspen. " Ritz-Carlton, Aspen Fact Sheet Ownership: Savanah Limited Partnership Operator: Ritz-Carlton Hotel Company Project Management: Bechtel Corporation General Contractor: PCL Construction Services * Reconfiguration of rooms from 292 to approximately 261 * No reduction or increase in the overall size of the building * 4- 6 residential units to replace hotel rooms in the Blue Spruce building * Reduction in the number of restaurants in The Ritz-Carlton, Aspen from 3 to 2 i ,r CITY SPEN 1 ' eet 30 ne Y MEMORANDUM DATE: June 5, 1991 TO: Mayor and City. Council FROM: Jed Caswall, City Attorney X RE: Ritz-Carlton Section M Amendment Attached for your review and final approval are three documents (with attachments) relevant to the Section M PUD agreement amendments for the Aspen Mountain Subdivision. The first document constitutes Council's written findings, conclusions and approvals resulting from the quasi-judicial hearings on Savanah's petition for a Section M amendment and authorizes the PUD amendments as sought by Savanah subject to the terms and conditions specified therein. I have modified the earlier draft of this document to reflect the changes approved at Council 's meeting on May 29th. These modifications can be found at: Page Paragraph Line 4 1 6, 10 4 2 3-4 4 3 3 5 10 3-6 5 11 1-2 5 14 All 5 15 2-3 6 17 2-3 The second document is the formal document that amends the PUD agreement and reflects those approvals as granted by Council. It will need to be executed by both the City and Savanah and then recorded in the Clerk and Recorder's office. The last document is a proposed ordinance ratifying the PUD agreement amendments. While the ordinance is not legally recycled paper Y Memorandum to Mayor and City Council June 5, 1991 Page 2 required in my view, Savanah wishes to have the Council adopt same as a precaution against a potential challenge to the PUD amendments as authorized in the previous documents noted above. EMC/mc Attachments BEFORE THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO IN RE THE MATTER OF SAVANAH LIMITED PARTNERSHIP'S REQUEST FOR A SECTION M AMENDMENT TO THE FIRST AMENDED AND RESTATED PLANNED UNIT DEVELOPMENT/SUBDIVISION AGREEMENT FOR THE ASPEN MOUNTAIN SUBDIVISION. This matter is before the City Council upon the petition of Savanah Limited Partnership ("Savanah") pursuant to Section M of the First Amended and' Restated Planned Unit Development/Subdivi- sion Agreement for the Aspen Mountain Subdivision ("PUD Agree- ment") , seeking certain extensions in the construction scheduling for subdivision development. Pursuant to Savanah' s petition, a public hearing was convened upon notice on April 17, 1991, which was continued for further proceedings to May 21st and 29th, 1991. Savanah appeared, with legal counsel, and produced testimony and other evidence in support of its petition. Additional testimony and evidence on the matter was submitted by the City staff and members of the public. Having heard all of the offered testimony and argument and having reviewed the documentary evidence as submitted and made part of the record herein, the City Council finds as follows: 1. On March 15, 1991, Savanah submitted a written petition to the City pursuant to Section M of the PUD Agreement seeking an extension in the present construction schedule deadlines govern- ing construction and development within the Aspen Mountain Subdivision. 2 . Section M of the PUD Agreement provides as follows in its relevant part as pertinent hereto: . . . the Owner or its successors or assigns may, on its own initiative; petition the City Council for a vari- ance, an amendment to this Agreement, or an extension of one or more of the time periods required for perfor- mance under the Construction Schedules or otherwise. The City Council may grant such variances, amendments to this Agreement, or extensions of time as it may deem appropriate under the circumstances. The parties expressly acknowledge and agree that the City Council shall not unreasonably refuse to extend the time peri- ods for performance indicated in one or more of the Construction Schedules if Owner demonstrates by a preponderance of the evidence that the reasons for the delay(s) which necessitate such extension(s) are beyond the control of the Owner, despite good faith efforts on its part to perform in a timely manner. " 3 . Savanah seeks extensions in the current construction schedule deadlines as follows: From To (i) Certificate of Occupancy Ice Rink/Park 10/1/91 10/1/92 Certificate ofiOccupancy Ritz-Carlton Hotel 10/1/91 10/1/92 (iii) Building Permit Issuances Ute City Place 10/1/91 4/1/92 (iv) Certificate of Occupancy Summit Place 8/1/92 8/1/93 (v) Demolition Permit Grand Aspen Hotel 10/1/94 10/1/95 ` _. 4. Savanah has alleged that the following facts and/or circumstances have caused delays in the progress of construction of the Ritz-Carlton Hotel component of the subdivision develop- ment and that such facts and circumstances were beyond its control: (i) The Persian Gulf War and resulting adverse impact on Savanah's principal financing resources situat- ed in Saudi Arabia, including the non-liquidity and non-transferability of Saudi Arabian currency. (ii) The general economic slow down and recession im- pacting the economy. of the United States and, particularly, the hotel and resort segment of same. 5. City Council finds that Savanah has been able to ' demonstrate by a preponderance of the testimony and evidence as established in the record that the Persian Gulf War and its resulting impact on the Saudi Arabian currency (riyal) has adversely affected Savanah's ability to finance its construction activities associated with the Aspen Mountain Subdivision and that such factors have caused delays in the progress of construc- tion that were beyond the control of Savanah despite its good faith efforts to perform. 2 6. City Council further finds that Savanah has not been able to demonstrate by a preponderance of the testimony and other evidence presented that general economic or recessionary condi- tions existing in the United States economy have caused delays in its construction activities or schedules associated with the development of the subdivision, or that alleged adverse economic conditions as may be affecting the project were the result of facts or circumstances beyond Savanah's control. 7 . City Council further finds that the testimony and other evidence as reflected in the record before it establishes by a preponderance that internal legal disputes and management dis- agreements between the partners have exacerbated and contributed to the delays in the project's construction schedules and that such factors were within the control of Savanah. 8 . The delays; in the construction schedules for the Ritz- Carlton Hotel have and will cause significant disruption in the City' s downtown core area by extending construction activities and the adverse traffic, dust, noise and visual impacts associat- ed therewith. 9 . The preponderance of the evidence presented by Savanah does not demonstrate that Savanah will complete the construction of the Ritz-Carlton Hotel, thus, warranting the imposition of additional financial assurances upon Savanah to protect the City and the citizens of Aspen from the adverse impacts of an unfin- ished construction project. NOW, THEREFORE, BASED UPON THE ABOVE AND FOREGOING, City Council does hereby grant to Savanah Limited Partnership the following extensions to the construction schedule deadlines for the Aspen Mountain Subdivision, which extensions shall be incor- : porated into a written amendment to the PUD Agreement pursuant to Sections M and 0(6) , subject to those terms and conditions as set forth below: EXTENSIONS FROM TO 1. Certificate of Occupancy Ice Rink/Park 10/1/91 10/1/92 2 . Certificate of Occupancy Ritz-Carlton' Hotel 10/1/91 10/1/92 3 . Building Permit Issuance Ute City Place 10/1/91 4/1/92 3 4 . Certificate of Occupancy Summit Place 8/1/92 8/1/93 5. Demolition Permit for Lot 5 Grand Aspen Hotel 10/1/94 10/1/95 CONDITIONS 1. Savanah shall upgrade the entire exterior fence (with screening) adjacent to the Ritz-Carlton Hotel construction site and Ice Rink/Park site. With regard to the visual appearance of the Ice Rink/Park parcel, the fence will be moved approximately twenty feet to the South off of the Durant Street curb, and all areas exterior to the fence, except for the parking lot, shall be seeded. A gravel path shall also be installed in this area. Fugitive mud and dust prevention measures will be utilized on these sites. All construction materials stored on the Ice Rink/Park site shall be removed from public view at street level. All of these items shall be completed by August 1, 1991, and to the satisfaction of the Public Works Director. 2. The construction entry to the Blue Spruce off of Durant Street shall be cleaned up and not utilized for construction activities and the site shall continue to be fenced (with screen- ing) . This shall be completed by September 1, 1991, and to the satisfaction of the Public Works Director. 3 . The Blue Spruce structure shall be cleared of construc- tion materials and scaffolding shall be concealed from public view at street level. These items shall be completed by Septem- ber 1, 1991, and to the satisfaction of the Public Works Direc- tor. 4. A safe pedestrian path shall be installed on the East side of Mill Street between the Ritz-Carlton Hotel construction site and the Grand Aspen Hotel. This shall be completed by July 1, 1991, and to the satisfaction of the Public Works Director. 5. Temporary patch work shall be installed on Mill Street between the Grand Aspen Hotel and Ritz-Carlton construction site. This work shall be completed by August 15, 1991, and to the satisfaction of the Public Works Director. 6. Patch work on Dean Street shall be installed in front of the Grand Aspen Hotel and shall be completed by July 1, 1991, and to the satisfaction of the Public Works Director. 7 . Bank stabilization on both the South and West sides of the Ritz-Carlton Hotel construction site shall be completed by 4 September 1, 1991, and to the satisfaction of the Public Works Director. 8. Savanah shall apply for rezoning of the Ice Rink/Park parcel to a "Park" zoning designation by July 1, 1991. If _ Savanah does not apply for such rezoning, the City shall initiate rezoning with all fees to be paid by Savanah. 9 . Savanah shall submit a final development plan for the Ice Rink/Park parcel to the City by September 25, 1991. 10. Savanah shall complete submission of all necessary information for a "Number l" building permit for the Ritz-Carlton Hotel to the Building Department by July 8, 1991. A list of the outstanding documents and/or information Savanah has yet to provide the Building Department pursuant to its building permit application is attached hereto as Attachment 1. 11. Savanah shall obtain and City shall issue the "Number - 1" building permit by September 1, 1991, and all necessary fees and applicable taxes shall be paid by Savanah at that time. 12: . Savanah shall secure and fence Summit Place and remove ., s all debris from the site. The West wall shall also be repaired. ::.These items shall be completed by August 1, 1991, and to the `satisfaction of the Public Works Director. Alternatively, 7- Savanah may elect to demolish the Summit Place structures provid- ed that said demolition is completed by August 1, 1991. 13 . The construction schedule submitted by Savanah (Attach- ment 2) shall be substantially adhered to as determined by City staff. , _ 14. Savanah shall post a cash bond or similar liquid financial assurance in an amount no less than Four Million Dollars ($4, 000, 000.00) to secure the demolition of the Ritz- Carlton Hotel site. Savanah shall have thirty (30) days from the date of this decision to reach agreement with the City Attorney as to the form of such financial assurance. The financial ., assurance, in a form satisfactory to the City Attorney, shall be �4 posted by. Savanah no later than September 1, 1991. 15. All fees owed to the City for the processing of any land use application, including fees associated with Savanah' s petition for a Section M amendment, shall be paid by September 1, 1991. 16. Savanah shall have one (1) year from the date of issuance of the demolition permit for the Grand Aspen Hotel to 5 reconstruct the eighteen (18) residential units previously demolished pursuant to the subdivision development. This condi- tion shall constitute and be incorporated as a formal amendment to Section L of the PUD Agreement. 17. Savanah shall comply with all representations and conditions as contained in its letter dated May 1, 1991, exclud- ing the construction schedule attached thereto, submitted by F. Belz and J. Imbriani, and addressed to the City Attorney (Attach- ment 3 hereto) . 18 . The effectiveness of the extensions as granted herein shall be contingent upon Savanah's compliance, as determined by the City Staff, with all of those conditions as set forth above. In the event that any condition as set forth above is not sub- stantially complied with, then all extensions as granted herein shall automatically be rendered invalid and such failure(s) to comply shall constitute non-compliance with the First Amended and Restated PUD/Subdivision Agreement. Savanah shall thereafter be entitled to a hearing before City Council to determine sanctions or penalties for its non-compliance, which may include the revocation or termination of any or all approvals contained in the PUD Agreement. Done this day of , 1991. City Council of the City of Aspen By: Mayor ATTEST: City Clerk 6 Y 1 ® ®_ Attachment 1 "NUMBER 1" BUILDING PERMIT COMPLIANCE LIST 1. Hazardous material storage documentation in laundry and maintenance areas. 2 . Fire-resistive requirements and occupancy separation documentation complying with Table 5-B, Table 17-A and Chapter 18 of the Uniform Building Code (1988 Edition) . 3 . U.L. roof assembly design complying with Table 17-A and Section 1806 of the Uniform Building Code (1988 Edition) . 4 . U.L. Fire Resistive Directory, January 1984 Edition. 5. One-hour fire-resistive door assembly documentation complying with Section 503 (c) 4 of the Uniform Building Code (1988 Edition) . 6. Entry level corridor construction and protected opening documentation complying with Section 3305 of the Uniform Building Code (1988 Edition) . 7. . Entry level door assembly documentation complying with Section 3305 (h) of the Uniform Building Code (1988 Edition) for doors 149, 150, 143A and 143B. 8 . Handicapped accessible design documentation for the grille/bar area and lower level as depicted on Sheet A2 . 14, and for water closets in the guest room and turning radius for the employee locker rooms, complying with Colorado Revised Statute, Title 9, Article 5 and ANSI A117. 1. _ 9. Design documentation for the elevator lobby at the club lounge complying with Section 1807 (h) of the Uniform Building Code (1988 Edition) Attachment , 2 J 1991 06 06 RITZ—CARLTON ASPEN Pose 1 of z PS9100o5 REV. JUNE S, 1991 CONSTRUCTION SCHEDULE_-_—__- — -'- ---•--•- LEGEND SAVANAH, LTD. PARTNERSHIP Planned ASPEN, COLORADO s Day work week 1991 1992 J F M A M J J A S 0 N D J F M A td J J A S 0 N D OBTAIN FINAL BUILDING PERMIT OBTAIN FINAL ELECTRICAL PE MIT —� OBTAIN FINAL MECAHNICAL PERMIT 08TAIN FINAL PLUMBING PERMIT BANK STABILIZATION COMPLETE BACKFILL ENTRY LEVEL SLAB (COMPLETE) BALLROOM ROOF STRUCTURE ICOTAPLETE) PARKING GARAGE ROOF STRUCTURE BUILDING A STRUCTURE ECOMPLETE) I BUILDING 8 STRUCTURE i BLUE SPRUCE FOUNDATION (COMPLETE) BLUE SPRUCE STRUCTURE I BUILDING A SHELL COMPLETE BUILDING A SHELL BUILDING B SHELL - BLUE SPRUCE SHELL REMOVE CRANES (COMPLETE} MEP ROUGH IN BUILDING A MEP ROUGH IN BUILDING B MEP ROUGH IN BLUE SPRUCE MEP ROUGH IN PUBLIC AREAS INTERIOR FINISH BUILDING A INTERIOR FINISH BUILDING B - i • � �r tii '' �; 1991 06 06 RITZ—CARLTON ASPEN Page 2 01 2 PS910005 REV. JUNE 6, 1991 CONSTRUCTION SCIIEDULI l SAVANAH, LTD. PARTNERSHIP -....._. L E G[1�D Planned ASPEN, COLORADO 5 Day Work Week 1991 1992 J F tai A M J J A S 0 N U J F M A 1A J J A S 0 141 U INTERIOR FINISH BLUE SPRUCE r• _ INTERIOR FINISH PUBLIC AREAS SITEWORK LANDSCAPING RITZ-CARLTON COMMISSION BUILDING A RITZ--CARLTON COMMISSION BUILDING B RITZ-CARLTON COMMISSION BLUE SPRUCE RITZ-CARLTON COMMISSION PUBLIC AREAS 1 ICE RINK CLEAN UP ICE RINK CONSTRUCTION SUMMIT PLACE SECURE AND CLEAN UP DEAN STREET PATCH AND CLEAN UP MILL STREET WORK , v t i Attachment 3 "+ :'Aspen Holdings, Inc. May 1, 1991 Mr. Edward M. Caswall City Attorney City of Aspen 130 S. Galena Aspen, CO 81611 Subject: The Ritz-Carlton, Aspen Section M Amendment Request Edward M. Caswall letter of April 10, 1991 Dear Mr. Caswall, Based upon discussions at the City Council Meeting of April 17, 1991, on the referenced subject and a meeting with the City staff on April 22, 1991, on the referenced subject, the following are our comments on your letter of April 10, 1991. In'the City Council Meeting, the Owner of the Ritz-Carlton site, Savanah Limited Partnership, presented their request for a one year extension of the completion date in the PUD for the Ritz-Carlton Hotel. - Savanah also stated that it is not, at this time, abandoning the project and is continuing construction, albeit at a slower pace. Work on the site has not ceased, but has been adjusted pursuant time, does not envision a suspension of construction to this slower pace. The Partnership, at this activity. Therefore, in accord with our meeting, the following are our comments on each individual item. 1. As part of continuing construction on the project, work on the shell of the hotel will occur. (See attached Construction Schedule for the exact work and timing thereof.) 2. Most of the building materials at this time are stored inside of the hotel structure. The remainder will be hidden from public view in their present location behind fencing with screening. Some of these materials are not within the hotel structure. S. The lower sump pumps will not require automatic activation as the construction workers will monitor the level of the sump and pump it as required. This is the process that has been going on throughout the construction of the hotel. 600 East Cooper Street Suite 200 Aspen Colorado 81611 (303)9254272 FAX: (303)925-=367 j ec) Caswell Section M Amendment Request Page two 5;1/91 4. See attached Construction Schedule for this work. 5. Openings will be protected during the continuing construction, according to OSHA requirements. In addition, concrete work will be done on the "garage roof." This work will eliminate a lot of the open, unsafe conditions on the hotel plaza area. The construction cranes have been removed. 6. The contractor will continue their temporary utility services as required for construction. Since construction is continuing, a diagram illustrating utility systems on site at this interim stage is not appropriate. As-built, underground utility drawings in public right of ways, have been provided to Bob Gish. There is one outstanding as-built that needs to be provided, and that will be provided within the next 30 days. 7. Temporary buildings, trailers and stored materials will still be required since we are continuing construction. This includes those items on the Top of Mill Street and the Ice Rink parcel. With regard to the visual appearance of the Ice Rink parcel, we propose moving the fence approximately twenty feet to the South off the Durant street curb, provide seeding and a gravel sidewalk in this area. In addition, the fence parall el to Durant street will be upgraded visually. Fugitive mud and dust prevention measures have always been required of our contractor and will be aggressively enforced. 8. Since we are continuing construction, there will be some temporary construction welding, shoring and bracing in place, but only as part of the construction work. It will not be left as a permanent situation. Most of this temporary work will be eliminated by the construction that is to take place over the next four months. 9. The items indicated under this request are not required since we are continuing construction. 10. Three of the four fire hydrants required by the PUD are installed and activated For the fourth one, see the attached Construction Schedule. 11. We intend to clean up and straighten up the security fence that is currently in place. L. This work will take place with the normal sequence of construction. See the attached Construction Schedule. It-does not make sense to install curbs, gutters and sidewalks at this time, as they will just be torn up by the continuing construction 13. Jersey barriers %&•ill need to be maintained for public safety. 14. The Blue Spruce second level slab will be poured within the next three months. This IA•ill eliminate most of the debris, temporary scaffolding and form work. See the attached Construction Schedule. d ej Caswell Section M Amendment Request Page three 5/1/91 15. The Grand Aspen Hotel will need to continue as a construction headquarters and housing facility for the construction workers. 16. Summit Place will be properly secured and part of it will be fenced to prevent any access. In addition, all of the site will be cleaned up. Also, the west wall will be repaired and cleaned up. Security persons from the Ritz-Carlton site will monitor the property to make sure that unauthorized entry does not take place. 17. The Barbee parcel is currently fairly clean. Any minor clean up will be taken care of. The parcel currently has vegetation and ground cover. 18. The contractor will maintain the construction signage, as required. 19. Dean Street in front of the Grand Aspen Hotel will be patched. 20. A set of sepia as-builts at this interim stage is not appropriate. w 21. " We know of no outstanding fees or bills due to the City at this time. We are researching one . bill for the Ice Rink that Amy Margerum pointed out in our meeting of April 22, 1991. r In addition, we are meeting with Tim Clarke of the Dolomites and Ralph Melville of the Mountain Chalet to address some of their concerns. Other than the above items, we are not aware of any other City requests with regard to construction work on the job site as part of our Section M Amendment request. If there are others, please notify us immediately. r We understand the City's concern about the impact the project has had on the town of Aspen. In part, that is why we have decided to continue construction, hopeful that we NNU proceed to complete the project. Obtaining a one year extension for completion will facilitate our analysis and the opportunity for completion of the project. Let us know if there is further information with which we supply you. Thank you for your consideration. Sincerely, •�erduiand'L. Belz,/7II Joe b�J cc: 1001 Inc. / HDC distribution AEI// NEI distribution Bob Hughes, Esq. Marc Hayutin, Esq. AMENDMENT TO THE FIRST AMENDED AND RESTATED PLANNED UNIT DEVELOPMENT/SUBDIVISION AGREEMENT FOR THE ASPEN MOUNTAIN SUBDIVISION THIS AMENDMENT to the First Amended and Restated Planned Unit Development/Subdivision Agreement for the Aspen Mountain Subdivision ("PUD Agreement") , being entered into between the City of Aspen, Colorado ("City") and Savanah Limited Partnership ("Savanah" or "Owner!') on this day of , 1991, provides as follows: R E C I T A L S WHEREAS, on March 15, 1991, Savanah submitted a written petition to the City pursuant to Section M of the PUD Agreement seeking certain extensions in the construction schedule deadlines governing construction and development within the Aspen Mountain Subdivision; and WHEREAS, hearings were conducted before the City Council on April 17th, May 21st and 29th, 1991, during which Savanah suc- cessfully demonstrated that the reasons necessitating extensions in the existing construction schedule deadlines were beyond its control; and WHEREAS, Section M of the PUD Agreement authorizes exten- sions of the time periods for construction schedules upon a proper showing; and WHEREAS, Section 0(6) of the PUD agreement authorizes amendments to the Agreement by written instrument executed by the parties thereto. NOW, THEREFORE, in consideration of the mutual covenants and conditions as contained herein, it is agreed that the provisions hereinbelow shall amend the PUD Agreement as follows: 1. Savanah's construction schedule deadlines as set forth in Section A2 of the PUD Agreement, and as previously amended by that Section M amendment executed on June 11, 1990 (recorded in Book 627 at Page 457 in the records of the Pitkin County Record- er) , are amended to provide as follows: From To Certificate of occupancy Ice Rink/Park 10/1/91 10/1/92 Certificate of occupancy Ritz-Carlton Hotel 10/1/91 10/1/92 y Building permit issuance Ute City Place 10/1/91 4/1/92 Certificate of occupancy Summit Place 8/1/92 8/1/93 Certificate of occupancy Ute City Place 6/1/93 same Demolition permit for Lot 5 Grand Aspen Hotel 10/1/94 10/1/95 Building permit issuance Top of Mill 10/1/95 same Building permit issuance Hotel Phase II 10/1/96 same Certificate of occupancy Top of Mill 6/1/97 same Certificate of occupancy Hotel Phase II, Lot 5 6/1/98 same 2 . Section L of the PUD agreement is amended to provide as follows: "It is mutually, acknowledged and verified between City and Owner that pursuant to Municipal Code Section 24-11.2 (a) , Owner has the right, following their demolition, to recon- struct within the Aspen Mountain PUD a total of 275 hotel units and a total of 42 residential units. The original location (source) of these reconstruction units is identi- fied on the Schedule 9 update attached hereto and made apart hereof by this reference. Furthermore, the City hereby agrees and confirms that for the 18 previously demolished residential units as identified on the Schedule 9 update attached hereto, Owner shall have one (1) year from the date of issuance of the demolition permit for the Grand Aspen Hotel to reconstruct same. " (The Schedule 9 update is attached hereto and incorporated herein as part of this Amendment. ) 3 . The amended construction schedule deadlines as provided for in paragraph 1 above shall be and remain in force and effect only insofar as Savanah *complies with all of those terms and conditions as set forth in that written decision of the City 2 Council of the City of Aspen attached hereto as Exhibit "1" and incorporated herein, that was issued upon and in response to Savanah's petition of March 15, 1991, seeking a Section M amend- ment. 4. All other terms and conditions of the PUD Agreement and the previous Section M amendment dated June 11, 1990, not incon- sistent or superseded by this amendment, shall remain in full force and effect. 5. This amendment document shall be promptly recorded in the records of the Pitkin County Clerk and Recorder's office. IN WITNESS WHEREOF, the parties have hereunto set their signatures on the day and year as first written above. THE CITY OF ASPEN By Mayor ATTEST: Kathryn S. Koch, City Clerk APPROVED AS TO FORM: City Attorney STATE OF COLORADO ) ss. County of Pitkin ) The foregoing instrument was acknowledged before me this day of , 1991, by as Mayor and Kathryn S. Koch, City Clerk, of the City of Aspen, Colorado. WITNESS MY HAND AND OFFICIAL SEAL. My commission expires: Notary Public Address 3 SAVANAH LIMITED PARTNERSHIP By: 1001, Inc. , a District of Columbia Corporation and Man- aging General Partner By: APPROVED AS TO FORM: Attorney of Savanah Limited Partnership STATE OF ) ss. County of ) The foregoing instrument was acknowledged before me this day of , 1991, by WITNESS MY HAND AND OFFICIAL SEAL. My commission expires: Notary Public Address 4 Revised 5/24/91 SCHEDULE 9 UPDATE Residential and Lodge Unit Verification ASPEN MTN NUMBER OF UNITS SUBDIVISN DEMOL- DATE REMAIN- UNITS TO BE EXPIRATION OF PROJECT LOT N0. LEGAL / ADDRESS TOTAL ISHED DEMO1d ING RECONSTRUCTED RECONSTRUCTION Residential. Units: A. Blue Spruce lodge, North 1 Lots A-D, Block 84, Townsite 2 2 07/03/85 0 Lot 3 & 5 See Note 3 Wing (303 East Durant Avenue) B. North Aspen Inn Apartments 1 Lots 7 & 8, Block 3, Connors 6 6 07/03/85 0 Lot 3 & 5 See Note 3 Addition (711 South Mill Street) 1 Lots 11 & 12, Block 3, Connors 1 1 04/15/85 0 Lot 3 & 5 See Note 3 Addition (300 East Juanita St.) (320 East Juanita Street) 1 1 04/15/85 0 Lot 3 & 5 See Note 3 C. Hillside Lodge 61 Lots A & B, Block 91, Townsite 14 14 10/15/90 0 Lot 3 & 5 See Note 2 (403 East Durant Avenue) D. Townplace 61 Lot C, Block 91, Townsite 4 4 10115/90 0 Lot 3 & 5 See Note 2 (409 East Durant Avenue) E. Chase 61 Lots D through I, Block 91, 2 2 10/15/90 0 Lot 3 & 5 See Note 2 Townsite (415 East Durant Avenue) F. Paas 5 Lot K, Block 91, Townsite 2 2 04/15/85 0 Lot 3 & 5 See Note 3 (602 South Mill Street) - G. Melville #2 5 Lots 17 & 18, Block 2, Dean's 1 1 04/15/85 0 Lot 3 & 5 See Note 3 Addition (680 S. Mill Street) H. Black 3 Lots 3, 4 & 5, Capitol Hill 2 - -- 2 Lot 3 & 5 See Note 2 Addition (918 S. Mill Street) I. Summit Place 2 2 - -- 2 Lot 2 See Note 2 J. Previously Demolished: 700 Galena 4 Lots 16 & 17, Anthony Acres 3 3 Reconstructed 0 Lot 3 & 5 See Note 3 (700 South Galena Street) as 4-plex with 4 GMQS units Snowchase 3 Lots 16 & 17, Capital Hill Addn. 1 1 06/81 0 Lot 3 or 5 See Note 3 3 . Lot 21, Capitol Hill Addition 1 1 Pre 1981 0 Lot 3 or 5 See Note 3 42 38 4 ASPEN MTN NUMBER OF UNITS SUBDIVISN DEMOL- DATE REMAIN- UNITS TO BE EXPIRATION OF PROJECT LOT N0. LEGAL / ADDRESS TOTAL Sj, HED DEMO'd ING RECONSTRUCTED RECONSTRUCTION Lodge Units: A. Blue Spruce Lodge, North 1 Lots A through D, Block 84, 15 15 07/03/85 0 Lot 1 See Note 2 Wing Townsite (303 East Durant Ave.) B. Aspen Inn 1 Lot 6, Block 1, Connors Addition 65 65 04/10/85 0 Lot 1 See Note 2 Lots 1-3, Dean's Addn & Lots 1-6, Block 3, Connors Addition 07/03/85 (611 South Mill Street) C. Contential 5 Lots L-S, Block 91, Townsite & 178 19 -- 159 Lot 1 & 5 See Note 2 Lots 1-3, Block 1, Anthony Acres Addn (515 East Dean Street) D. Previously Demolished: Blue Spruce Lodge, South 1 Lots 1-5, Block 2, Connors Addn. 17 17 07/03/851 0 Lot 1 See Note 2 Wing (300 East Lawn Street) 275 116 159 NOTES: 1 Lot 6 is the proposed lot for the park to be subdivided from Lot 5. 2 Pursuant to Municipal Code Section 24-11.2(a), the owner has the right following their demolition, to reconstruct within the Aspen Mountain PUD, the verified total within five (5) years of the date of demolition. 3 The owner shall have a one-year period for reconstruction of the 18 previously demolished residential units, commencing on the date of demolition permit for demolition of Grand Aspen Hotel on Lot 5. cic/dm.sched9 ORDINANCE NO. (Series of 1991) AN ORDINANCE RATIFYING AND APPROVING AMENDMENTS TO THE FIRST AMENDED AND RESTATED PLANNED UNIT DEVELOPMENT/SUBDIVISION AGREE- MENT FOR THE ASPEN MOUNTAIN SUBDIVISION. WHEREAS, on March 15, 1991, Savanah Limited Partnership ("Savanah") submitted a written petition to the City Council pursuant to Section M of the First Amended and Restated Planned Unit Development/Subdivision Agreement ("PUD Agreement") for the Aspen Mountain Subdivision seeking an extension in construction schedule deadlines governing construction and development within the Aspen Mountain Subdivision; and WHEREAS, hearings were conducted before City Council on April 17th and May 21st and 29th, 1991, during which Savanah successfully demonstrated that the reasons necessitating exten- sions in various construction schedule deadlines were beyond its control; and WHEREAS, Section M of the PUD agreement authorizes amend- ments to construction schedule deadlines under circumstances as demonstrated by Savanah. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, THAT: Section 1 The following amendments to the First Amended and Restated Planned Unit Development/Subdivision Agreement for the Aspen Mountain Subdivision, as amended, are hereby ratified and ap- proved: 1. Savanah's construction schedule deadlines as set forth in Section A2 of the PUD agreement, and as previously amended by that Section M amendment executed on June 11, 1990 (recorded in Book 627 at Page 457 in the records of the Pitkin County Record- er) are amended to provide as follows: From To Certificate of occupancy Ice Rink/Park 10/1/91 10/1/92 Certificate of occupancy Ritz-Carlton Hotel 10/1/91 10/1/92 Building permit issuance Ute City Place 10/1/91 4/1/92 Certificate of occupancy Summit Place 8/1/92 8/1/93 Certificate of occupancy Ute City Place 6/1/93 same Demolition permit for Lot 5 Grand Aspen Hotel 10/1/94 10/1/95 Building permit issuance Top of Mill 10/1/95 same Building permit issuance Hotel Phase II 10/1/96 same Certificate of occupancy Top of Mill 6/1/97 same Certificate of occupancy Hotel Phase II, Lot 5 6/1/98 same 2 . Section L of the PUD agreement is amended to provide as follows: 2 "It is mutually acknowledged and verified between City and Owner that pursuant to Municipal Code Section 24-11. 2 (a) , Owner has the right, following their demolition, to recon- struct within the Aspen Mountain PUD a total of 275 hotel units and a total of 42 residential units. The original location (source) of these reconstruction units is identi- fied on the Schedule 9 update attached hereto and made apart hereof by this reference. Furthermore, the City hereby agrees and confirms that for the 18 previously demolished residential units as identified on the Schedule 9 update attached hereto, Owner shall have one (1) year from the date of issuance of the demolition permit for the Grand Aspen Hotel to reconstruct same. " (The Schedule 9 update is attached hereto and incorporated herein as part of the Amendment. ) Section 2 The amendments as provided for herein are subject to all the terms and conditions as set forth in that written decision issued by City Council pursuant to Savanah's petition dated March 15, 1991, requesting extensions in the above-described construction schedule deadlines, a copy of which is and attached hereto as Exhibit 1. Section 3 Furthermore, the amendments as provided for herein are to be reflected in that written amendment document attached hereto as Exhibit 2 which shall be executed and filed in the records of the Pitkin County Clerk and Recorder's Office. Section 3 This ordinance shall not have any effect on existing litiga- tion and shall not operate as an abatement of any action or proceeding now pending under or by virtue of the ordinances 3 P repealed or amended as herein provided, and the same shall be construed and concluded under such prior ordinances. Section 4 If any section, subsection, sentence, clause, phrase or portion of this ordinance 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 5 A public hearing on the ordinance shall be held on the day of , 1991, in the City Council Chambers, Aspen City Hall, Aspen, Colorado. INTRODUCED, READ AND ORDERED PUBLISHED as provided by law by the City Council of the City of Aspen on the day of 1991. William L. Stirling, Mayor ATTEST: Kathryn S. Koch, City Clerk FINALLY adopted, passed and approved this day of 1991. John S. Bennett, Mayor ATTEST: Kathryn S. Koch, City Clerk 4 Md;AUC2154A9%V l ■A5 on.'�L�+ft i teiiiti ter!'" f•i: t �,�,. }e i.'e0nmai r �� �r�# dt►� � ;� �< �+, t , ! Y ,.q ���$?t'a: '�.� ;'� RI lrr r p Developer will scale' a1-Ibrahim's company, Aspen En- building in Aspen, plans to trim the number of rooms company has not filed an applica- baCk the l5U million terprises International, has decid- Work ground to a halt last from 292 to 261,convert one wing tion for changes to the building ed to proceed with a scaled-back spring as al-Ibrahim charged that to condominiums, eliminate one plans. Ritz-Carlton; restart version of the hotel and will post a, projected costs had climbed from story from another wing and elimi- 'We're feeling pretty positive date uncertain however $4 million demolition bond re- $80 million to-$150 million and he nate one of three restaurants,said about the project; it looks like it's quired by the city. and development partner Mo- deputy planning director Diane going forward,"said Moore. After construction stalled the hamed Hadid became embroiled in Moore. To keep the project alive, the By Winston Caine � P P j City Council agreed to extend ho-: a money dispute. Such changes would require company must post the $4 million Rocky Mountain News Western Bureau tel approvals and building permits Eventually al-Ibrahim seized hearings and amendments to the bond by Monday,said Moore. ASPEN—Constructi=on will re- beyond Sept. 1 only if Aspen En- control of the project from Hadid development plan,Moore said. "What we have heard and what sume on the half-built$150 million terprises International would post and began' assessing whether it She said if the City Council ap- the city attorney has heard is that Ritz-Carlton hotel where workers a bond so the city could demolish could be completed profitably. proves the changes, the project they will be posting the bond. have been idle since March,Mayor. the building if construction again Negotiations have proceeded all could be finished on schedule. Aspen Enterprises International John Bennett announced. No date stalls or is not completed by Oct. summer between the developer Moore said the changes Bennett spokesman RJ.Gallagher said the was given,however. 1,1992. and city officials. announced "are consistent with" company will withhold comment Bennett and other-city,officials The hotel at the base of Aspen Bennett told City Council mem- those the company has discussed until it announces its plans this report that developer Abdul Aziz Mountain would be the largest bers Monday night that al-Ibrahim with planning officials,but that the afternoon. ti �o a t�y_ s '- " BUILDING PERMIT APPLICATION �'=�r' erat p 130 S.Galena- Y ,, GlenConstruction Aspen,"C0 81611 A8PEN+PITKIN REGIONAL BUILDING of TMENT ry Permit . 303/920-5440 ,.... PITKIN COUNTY❑ CITY OF ASPEN Applicant to complete numbered spaces only. No. JOB ADDRESS 1. 'VORTN L,4 5T co/Ln/t 2 cG wirc-c. 6T. -5 M M ,T' T LOT NO. BLOCK TRACTOR SUBDIVISION (0 SEE ATTACHED SHEET) LEGAL 2. DESC. - - OWNER MAIL ADDRESS ZIP PHONE 3. SAvA /t�1 L fm -t e o PArz-we-e5)1,(� cD t, 600e c- (LS 7r s w rrE Z U� i4 Win/ Z5.4 Z MAIL ADDRESS PHONE LICENSE NO. CONTRACTOR Q Pjl 1p�3 4. Lr<2Tr1V�C7(LKS CJN�(L..CS�o�1 I� �`� I(4 1 C4A-rj.,tj,0A_ `f Go S Z Z- 1741 ARCHITECT OR DESIGNER MAIL ADDRESS PHONE LICENSE NO. ENGINEER MAIL ADDRESS PHONE LICENSE NO. 6. Aj/+ CLASS OF WORK: NSUS CO E� TOTAL FEE 7 El NEW ❑ADDITION ❑ALTERATION ❑REPAIR ❑MOVEl WRECK /L�f/7 IP USE OF BUILDING Sr/�,,u r � PLAN CHECK FEE PER21TCFE�E�j 3%USE TAX DER. 8. VA e-AT E 1> Gv N i7 o wl t,�I� .�. s J U !> - VALUATION OF WORK Type of Construction Occupancy Group Lot Area 9. $ �c CEO O Size of Building No.of Stories Occ.Load 10. Remarks (Total Square .) NO.OF BEDROOMS Use Zone Fire Sprinklers Required: ti"••-)p S L_ti $ J�.�o �f M J v�k L_- EXISTING ADDED ❑Yes ❑No No.of Dwelling Units OFFSTREET PARKING SPACES: Covered Uncovered W rT H CO M P A L-r' D D.2T Ta P s o <'t� 14 0 SPECIAL APPROVALS REOUIRED AUTHORIZE Y q TE ZONING I AWN r!'16 a PAX-r 19F u,0 S e`5-T N 1 P�uvxs y G:ry &r-fFs 11. Fixture Count: Pe'j PARK DEDICATION --/ HEALTH DEPARTMENT , FIREPLACE o PR APPLICATION ACCEPTED ;PLAN HECKED APPRCy/ED FOR ISSUANCE G FIRE MARSHAL Ack6t G _ &0 H,C — 19—t By ev BY SPRINKLER �l �L- �f�.DATE Dares w`� WATER TAP /YD G�j /T �/L� Jk'�S r 6 CLr NOTICE e -- K TL SEPARATE PERMITS ARE R UIRED FOR ELECTRICAL, PLUMBING, HEATING,VENTILATING OR AIR CONDITIONING. SELECTION OF METHOD FOR PAYMENT OF USE TAX THIS PERMIT BECOMES NULL AND VOID IF WORK OR CONSTRUCTION ❑ MONTHLY USE OF QUARTERLY RETURNS WILL BE SUBMITTED. AUTHORIZED IS NOT COMMENCED WITHIN 120 DAYS, OR IF CON- STRUCTION OR WORK IS SUSPENDED OR ABANDONED FORA PERIOD ❑ DEPOSIT METHOD: 3%OF 25% OF PERMIT VALUATION PAID NOW OF 120 DAYS AT ANYTIME AFTER WORK IS COMMENCED. AT ISSUANCE. FINAL REPORT ON TOTAL ACTUAL MATERIALS I HEREBY CERTIFY THAT I HAVE READ AND EXAMINED THIS APPLICATION AND COST MUST BE FILED WITHIN 90 DAYS AFTER COMPLETION OF KNOW THE SAME TO BE TRUE AND CORRECT.ALL PROVISIONS OF LAWS AND WORK. GENERAL CONTRACTORS CHOOSING THIS METHOD ORDINANCES GOVERNING THIS TYPE OF WORK WILL BE COMPLIED WITH WHETHER SPECIFIED HEREIN OR NOT THE GRANTING OF A PERMIT DOES NOT MUST REPORT AND REMIT TAX FOR ALL SUBCONTRACTORS PRESUME TO GIVE AUTHORITY TO VIOLATE OR CANCEL THE PROVISIONS OF THAT DO NOT OBTAIN THEIR OWN PERMIT. ANY OTHER STATE OR LOCAL LAW REGULATING CONSTRUCTION OR THE PER- FORMANCE OF CONSTRUCTION. ❑ EXEMPT: STATE& PITKIN COUNTY RESALE NO. I K) 1, /I 7 n EXEMPT ORGANIZATION SIGNATURE OF CONTRACTOR OR AUTHORIZED AGENT TE) THIS FORM IS A PERMIT ONLY WHEN VALIDATED. WORK STARTED WITHOUT PERMIT WILL BE DOUBLE FEE SIGNATURE OF OWNER(IF OWNER BUILDER) (DATE) �! Plan Check Validation Permit Validation 3%Use Tax Deposit Validation WHITE—FILE COPY GREEN—FINANCE DEPT. PINK—BUILDING DEPARTMENT YELLOW—ASSESSOR GOLD—CUSTOMER CONs'T'7UE, 1o1V CO. ® Z AN P. 0. BOX 1149 GBRBONDHLE GOLO., 81623 July 17, 1991 303.953-ZZ96 Re: Building Permit 's Demolition Summit Place Structure Earth Works Construction, Inc. is requesting a demolition permit for the Summit Place Building which located on the cornor of Summit and Mill Street, Earth Works Construction agrees to the following conditions requested by the City of Aspen. Asbestos: EWC will make a visual inspection of the structure and if obvious asbestos is encountered will contact Tom Dunlop for proper disposal and procedures. Dust Control: EWC will maintain a water truck or other necessary methods to abate dust. Mud Tracking: EWC will lay down gravel in all areas of the demolition project in which vehicular traffic is moving to prevent tracking of mud on the City of Aspen streets. Empty Haul Route: EWC will entry Aspen from ce to Summit Highway 82 Street and Street, make a right turn on Monarch as acquired advan turn left on Summit Street. EWC permission from Jack Reid q of the City of Aspen to close Summit Street to through traffic during demolition activities. Loaded Haul Route: EWC will exit Summit Street left onto Mill Street - to Durant Street. Left on Durant, right on Monarch and advance to Main Street, Left on Main Street and exit Aspen on Highway 82. }ice•. City of Aspen Demolition Permit Summit Place July 17, 1991 Page 2 Fr Work Hours and Noise Ordinance: EWC will not start work before 7 am and will stop operations by 10 pm. EWC will be considerate of the residences of the area and any complaints will be handled promptly. Cover Trucks: EWC will load trucks appropriately to prevent any spillage or dusting as the vehicles are driven. Basements Filled: EWC will backf ill the open holes as appropriate to meet the intent for the future use of the property. Schedule: Anticipated completion of the demolition is August 1, 1991. Spillage on Streets: In case of a spill on the City of Aspen street, EWC will take immediate action to clean up the spillage and contact the Street Department immediately. Utility Lines: EWC will double check and ensure that all utilities are properly capped off, valved of or closed to meet individual utility requirements. Notification will be given to the following utility departments: Rocky Mountain Natural Gas Aspen Sanitation Department Aspen Water Department Aspen Streets Department Aspen Engineering Department Aspen Environmental Health Fire Department Building Department U.S. West Telephone Aspen Electric Transformer: EWC will take proper procedures to protect any transformer vaults belonging to the City of Aspen. Barricades: EWC will maintain safety barriers in the parking lanes along the project. City of Aspen Demolition Permit July 17, 1991 Page 3 Fencing: A protective fencing will be constructed around the demolition area to protect the safety of the project site. Pedestrian Safety: EWC will post appropriate signage to keep pedestrians away from the construction demolition area and moving vehicles. Signage will be supplemented with verbal warnings of flag persons. Insurance Certificates: Valid Workman's Compensation and liability insurance certificates are on file with the Building Department. Earth Works Construction, Inc. will cooperate on this demolition with the City of Aspen to ensure a postive impact on the neighborhood, citizens of Aspen and the local government. Please give me a call if you have any further questions. Sincerely, Wi 11 i am M. Roberts President L% L T!��! w nr�u t T l ••; �D<7rlG�l/lC� Co.�ix e-�•GT-T 'Tb �T�ltJ O��S .•: - �"'�% Peer-wc c T 4P J'c.tC+rco'r.t Tip,v.c16 4t v! L 5 h 7N e u c(d tti5 Uc l P c r FL�s e•v ¢6 0 0 - Gon FITl 017W Pe.�r t i� L�Ds>L�Gsyl'<o 3, PEA t T ,¢c�.c>wS iC /•L SV,,z e--eT 7D e .Si v 7-t c c T<c� m uS r -- e,e,7- L.tJtltl�/Dv�}�- U rll.I77L•� /'2C:ZQt/l2�l�1 rl /yfit}.�� ,c},rvq W cT�vc ZO 57 1 CD Cz gC 5,_ TcCsT �i�,aGe5 AGw Ga1 o v120 4/Wetrl� INSPECTION WILL NOT BE MADE UNLESS THIS CARD IS POSTED ON THE JOB BUILDING INSPECTION RECORD PITKIN COUNTY/ASPEN REGIONAL BUILDING DEPARTMENT Date Issued l _ �S Lic. # Permit No. - a AGREEMENT In consideration of the issuance of the permit, the undersigned hereby agrees to comply with all such laws and regulations related Ao the zoning, location, construction and erection of the proposed structure for which the permit is granted, and further agrees that if the above said regulations are not fully complied with in the zoning, location, erection and construction of the above described structure, the permit may then be revoked by notice from the Building Official and THEN AND THERE IT SHALL BECOME NULL AND VOID. Use (n) V1 C� Address _ Owner Sc� c'-x-) L A 1 ,Y)'I '�C' n ractor �' �© (- V-� This card must be posted so it is plainly visible from the street until final inspection. INSPECTION RECORD Footing Roof Covering Foundation (Concrete,wood,Block,etc.) Electric—Final Construction Service Heating Ventilation Plumbing—Underground Insulation Gas Piping Drywall Frame Other Plumbing—Rough Electric—Rough Final ALL LISTED ITEMS MUST BE INSPECTED AND APPROVED BEFORE COVERING— WHETHER INTERIOR OR EXTERIOR, UNDERGROUND OR ABOVE GROUND. THE PERMIT IS NOT TRANSFERABLE PHONE: INSPECTIONS: 920-5448 130 S. GALENA, ASPEN, CO 81611 OFFICE: 920-5440 2/90 t1! Pffl toa ! (unc comeeting 5 s s f or= -4 - n e er e m rki o tz eve o e r s as A T, By JOHN COLSON F � d� an scaffolding frpzn the gubhc?v T,unee Daily StaffWriter�". x .. T cleanup therconstXUCtio ; , Pe Pe f h '-Spruce=project:yarea (a Dira`nt az T4i developers pf the As n Ritz-Carlton " are asking;for.an extra year.to finish the �' " Monarch), notu n thaten f 2924r om facility. ' t g qj g .try s.. construction activities. r r� � i In addition, the develo rs"are not an- me develo ers''aiso Ian to .w- i Pe P p r- 1? Moore s.memo also:alludes_ta_a`plan. f Wing to"tear ow�i the Grand Aspen Hotel` ahe'cit and Savanah to sha t e r Make an extra°year to,build- Y ���J tla (formerly the.Contine tal Inn) until 1995 " �'�, s- .� �.>�` workin'ofDurantb�etweenMill'an Gale adof 1994: �; public eee``rink:and park-off "-streets.~All-vvork-the-crty�s doing•in-th �' �t stretch.of Duranewill bet paid fox;out`of developers also plan to take an extra' .-;land at,ttv corner Of Durant� w fi�Lr ta'build a public4ce-�Ank-and park on performance Bond'posted by;Savana; ''land,at the corner of,DuAint"Avenue and Avenue and Galena Street, Moore said 1Vlonday. s `� aleAa Street, according'to a letter from Savanah also has requested a:year e elo ,rs'attorney Bob H- hes to As n's>" CCOrdln to a l @tier fr m Bela ><n the demolition of the Grand AspE Y �R4 Y Pe k � , ; 9 �� �y ci attorne _ �' N Y- pt, V attome Y, Vvhich;is to be replaced by`a miy n';, 'hese and other changes iii the construct a �u.�"n-F r, ;�?: Y :hotel x±ooms and reside al units in comb }�tion schedule for the Ritz will,b'e disc 'sed' $ �$ City"dttorneyFpation,'with`another pa�;t'of the_develo at a City connoil >neetin at 5: m today ui it invent further'u �`.s n Mountaui accor� tY g, P Y Y.., P Pe the city council's downstairs chambers at, - ing to city approvals:The exact number,.4 Aspen City Hall. f '1 ^'those units will be alloted in an amendn>ei Y , t. - ' to tlie�As a .�. Ltd the corporate idep#ty of the d slop p n4Mounta><n.Lpdgel PU: Among"other recommendations, a city s jPlanned Unit Develo went a royals'fc = ment: t�>it t�?t; ,t, �r,` Manner has suggested the council consider . P PP requiring a"minimum $4 million perfor- � Spokesmen representing Ibrahim earlier the I2ltz• ,t � Y had indicated the hotel project may be eop an bond from the developers of the Ritz P J Y ° But'acoording'to"Moores•memo,"some< Planner Diane Moore,in a memo to coun nomically unfeasible asrthings,now stand �+the upper units were'torn'down in 1985 an but Savanah has consistently msii}tained if`the Grand„Aspen;reconstriiction' i toil,said this is the estimated cost of tearing ,, own the half1 finished building and return ' the hotel will,be.completed., s: Bela ed until 1997 as uested t ,-:At various-meetings and In other forums �` � � tl�at`woul 'ng the entire development site to the status .� , mean'Savanah will`have had 12 years't :of a vacant lot. city council members hive indicate4`their complete that p "t f thg project in4ead,c main concern,is that the ublic's interests .Construction at the hotel site has virtual P the five years allowed 14- -city codes.,t,�,�;,,. F y stopped because of a fight between dove- are protected, no matter,who finishgs:the MQore's memo main airs that Savana; tloper Mohamed-Hadid-and his financial hotel #`� has not givensufficient reason for`the.delay "backer, Saudi,Shiekh Abdul Aziz bin.Ibra Soa4e'Of'.to issues involved are the axis- _ and:asuggests the city should examine..thi fence of dangerous conditions on the site; y him al Ibrahim. 3 ,� , uest closely. the appearance of an unfinished construc- L�Concerning the financing, Moore??note But,according to documents submitted ` tion project and it's impact on the amt fiance'"-"'Savaaah sotfsx has�•put�up just urider'$1.: ointly.by representatives of the two of�do�vvu t '', 'apen{ and'the fate o£"prom ;million, $650,000. of which'was`�r'e£ujriie( ers construction will continue at the pai�� iced pubiic"Aamenities $1 ch as't�iIs i 4 rink after the excavation'work°and fob ndatio� eject site regardless of the ongoing court''' an the parkslong Du t Ave ue� !battle over ro'ect control:. - '' ” ;ere finished. Tie Xurr@nt bond ds a P J City planner Moore,in a mema to council -• A=tour of•the incomplete building last sugges} the develo r.be ' approximately$1.2ilh�on pe - requi�cedto `meete, tA�Qp;e suggestee >tha a demolition bony week revealed the foundation and initial a variety of conditions before being granted ;appears tobe`inore;feasible and, xha s structural'work on-the mammoth building—,-continued develo went a , , P s near! complete, h s P pproval:bej►ond,rc�unore useful than some sort"f gompletioz y p ,and at al- a amount the original construction deadline of Oct 1 ^ii '' suraiice' " and recd minds counci of finishing.materials-are->being°stored 991: �m�- . _ req sire Savanah=to put up enoug)�money t< side the hotel building. = Among her recomme ati A h aid ft -Powl Windows,bricks,bathtubs and.a variety the,developershould bea'de tosp ce:np �'gn �dngradthe hots of�onstructionmaterials were displayed by the fencing`sur`rou ing the hotel constrac-` �?.project I's abaildoned.'for oneason of representatives"pf Savanah'Partnership tions'site,conceal const`ruction matmials' ! another r z A ,a Y • d d 01"lucter Cafled g • god ity Says , SILyn Attorney M ay Boost Ritz- MCHAEL BOURNE Carlton Needs n Dady News staff WMW The legal battles broke out in Decem- 7he situation hasn't ber•In court cgs in Washington D.C., .Developer Mohamed Hadid's ouster 11-Ibrahim charged Hadid with a litany g Partner of the Ritz-Carlton Changed Other than the of financial improprieties and asked a project may be just the boost the situation with the judge to-remove Hadid as managing bled project needed to reach partners." partner of the hotel project.At the same ` pletion next year, according to time, Hadid filed suit asking for $6.6 City Attorney Jed Caswan. Joe IMbOani million in allegedly unpaid fees from his is a good sign," Caswall said Ritz Project Manager Partner. Y• Following the construction slow- Tier Friday the Maryland develop- down,the developers agreed to stick to a r in the Ritz project,the Saudi ment or operations"of the construction complete schedule October 1 would Aziz al-Ibrahim,announced he'd 992—a seed control of the massive Partnership,al-1 r according to a statement year after the hotel's original completion room hotel from Hadid as art of a THE Ibrahim s forces. date. They also agreed to ant deal. P THE STAR-CROSSED hotel pow a � ' settlement deal allows Hadid to project has been stalled since March Please see RrIZ on page 10 an unspecified financial interest in when construction funding fro m al- tel Projcet, but stipulates that he Ib�"n' got caught in the cross-fire of ,t'have any voice in the mans e- biter litigation between the two men g over who should control the project. ff"Ay Cha" W#1 ht Ritz 1 On Tack Million bond in,September used to demolish the hotelthf t could be 'Over the lopment remains stalled the deve- coming weeks FRIDAY'S after that date. and Months we will be announcement appears SETTLEMENT working hard to ftnd skirmishing. If t 'sstheecas�e legal acceptable largest single "stumblin , then the lutions to way of Completing ngle S g block" in the those questions that the hotel on ' have delayed be gone, Caswall tune may hav d the full p In recent hearings aid. ' al-IbraWm,s attorney on the extension, Ritz." rep it t his Marc Hayutin said Abdul AZiZ Y Y that his boss wasn't ready to ya commit to building the hotel because he feared it might not be financially viable —in developer's p pencil." arlance,it might not But Caswall believes the fears about financial viability may well have arisen from worries over shale the project. "The situation Y Partnership. «I changed other than the situation with hasn't think that was shorthand for sa in P t}er situation said Friday. will pencil if the money Partner g it the M) (�_ Hadid nor an y of his aides gets control of the could be reached for co id. Project,"he City councilmen inment Friday. nOf ss Part,Abdul Aziz Yah said they hope the s aU reached Friday Ibrahim s Los Ya,presi- sooner will chaff emmitted enterprises Angeles-based cMargot Penandle on said Councilwoman working International, she hopes the steam ahead on�he wand moving translate otf the guard at the Ritz will Ritz. a fast- 'OVER THE COMING construction tracking of the nths,we will Weeks and of the hotel. "'Than would ptable ut working hard to find be U wish," resolutions to those AUGIE RENO,she ,said. that have delayed full progress on council, sai a lb a newcomer to the Ritz," Yahya said in a pgrre�ess prepared will reduce Ibrahim s ascendency Pared deal with two confusion of having o t hasn't happened et added he fears thet'I'g per' But he Project Y , according not be as aware Saudi investor may J Manager Joe Irnbri t s loin wed work on the hotel be Aspen are of the wear and tear of ant. , -weeks a began about „ g battles over the Ritz. go but the developer is still u MY concern is that the Process of analyzing the merits of p to speed on the needs and in' wants ay not be Aspen comm unitye Reno said. ofthe FREE �'e"8ncy Test 8t Consultation Page 10,ASPEN DAILY NEWS,Frtday,August 30,1991 Ritz Developer Frustrated By Inability To Clear BCCI T A1-Shehail said the sheik's o By MCHAEL BOURNE rganza- ized service and favorable interest AA*„ D;y Nam Stan WnW tion has been prevented in getting to the terms. Some of that money may have bottom of what actually happened by the found its way to the Aspen Ritz to For some reason, we'V Even the developer who has been same problems facing political and law finance relatively small `operational been Singled Out. lir ` linked to millions in loans from the Bank enforcement investigators: no one at funds", but he denies a1-Ibrahim ever V tChhunt." of Credit and Commerce International BCCI or Price Waterhouse is talking. took out loans to finance the Ritz or any doesn't know how his name appeared on Now that BCCI is the target of other American project. Abdul Aziz al-She h a short list of alleged major debtors to massive political and legal investiga- AI-Ibrahim the scandal-tom financial institution, tion, ordinary routes o' -,ubpoena are price Waterhouse's allegations make according to his staff. closed to them,he said. We can't even no sense on their face, al-Shehail Aspen Ritz-Carlton Hotel developer sue BCCI because they are under inves- believes. How, he asked, could a $132 Abdul Aziz al-Ibrahim is linked in a tigation in the courts," he said. million loan to someone with $152 Price Waterhouse audit to$132 million The Luxembourg-based BCCI is million in deposits possibly be called in questionable loans from BCCI. caught in a net of numerous federal questionable? Al-Ibrahim's top deputy,Abdul Aziz investigations and is charged with oper- al-Shehail,categorically denies his boss ating a global criminal network specia- Al-Shehail said his organization is was involved with those loans from lizing in extortion, drug dealing and working to clear its boss's name,volun- BCCI. Al-Shehail says his organization arms running. tarily cooperating with a formal investi- remains baffled about where the Price gation in Los Angeles County where al- Waterhouse allegations came from in AI-Shehail freely admits his boss kept Ibrahim has significant holdings in contacted by federal authorities as the first place. huge sums on deposit at BCCI — as Marina Del Rey. Al-Shehail and John of the larger investigations into BC "For some reason,we've been singled much as$152 million in December 1989 Sarpa, another al-Ibrahim staffer, "Slowly but surely, we will out," he said. "It's a witchhunt." —because the bank provided personal- insisted they don't expect to be cleared," al-Shehail said. M tg t vn 1 he Very Private al Ihrahi m &#--""EL BOURNE Aziz al-Sheha"' who supervises al- size of 70,000 square feet stunned coun= asn_Deily Nam Staff Writer Ibrahim s worldwide enterprises, . �' commissioners, who immediately including 16 major hotels You won't see a news photo of Aspen imposed a moratorium on homes larger Ritz-Carlton developer Abdul Aziz al- than 15,000 square feet. Ibrahim. In March,the sheik cut off construc- Associates of the phenomenally See Page 10 tion funding for the Ritz after mori6-& wealthy Saudi Arabian investor cite battling with then-developer Mohamed fears of physical attacks on his family by AL-SHEHAIL MET with reporters Hadid over control of the project. The Middle Eastern extremists as one reason Thursday to shed some light on the financial squeeze slowed work`on for keeping al-tbrahim's face out of the intensely secretive man behind the new half-finished hotel to a virtual crawl fdr public eye. administration that plans to f lush t w several months. But, they admit, there's a more troubled Ritz project in time to open its Just Wednesday,announced and other rsonal reason. the developer.whose doors by October 1992. hotel officials announced they will go rldwide holdings have been esti- Al-Ibrahim's dealings in Aspen thus forward with plans to finish a slightly ated by Fortune Magazine at $1.2 faz have been tinged with public scaled back version of the hotel, ion is a very shy guy, committing to post a $4 million bond controversy.Last year,his plans to build "He's a very private man,"said Abdul two homes in Starwood with a combined Please Bee REIZ on Page 11 i ASPEN DAILY NEWS,FrCday,Aagust 30,1991,Page:i l Al-lbraMm's Busin ess Relationshi With&Mf pap , p Hadid Appeared y. th today amount to at 1 S tol m✓ the city to insure its completion. east$600 million,al- and other al-Ibrahim officials vehement- Revised plans call for slimming ��,5 a Very prjy�e Shehail said. counts in the massive hotel at the f mcmlo The family's lY deny. (See relaxed story for details Ritz developer Mohamed Hadid began surfaced,al-braWm S business relati ms Aspen Mountain from 292 to 261 and AWU1 MZ M-Shehail In the summer of 1989,as the family was shi converting hotel rooms in the Blue on AI-tbrahim Deputy beginning its investments into yRitz Las WDecember,quickly men stormy. Spruce addition to condominium units. hotels around the nation. The Daily lawsuits in Washington courts ACCORDING TO al-Shehail, al- News has traced a November 1989$70 battle for c Ibrahim,who is now a 44-year-old sheik rts in a bitter million construction loan for the Ritz prejecn ontrol of the Aspen Ritz and a brother-in-law to the Saudi king, spent his college years in the United project that appeared to come from al- Ibrahim. Al-Ibrahim evidently won. In junerahim States. He left the states in the early al-lb-lbra's staff ' 1970s with an MBA from the University THAT LOAN was formally made an ment of the court cases calling for the Partner- Of Oregon to head the family real estate a company in the Cayman Islands, an Saudi financier to oust Hadid as manag_ business. public gnef. Investing in Rolls Royce's area now known as a center of opera- in airplane engine division—and eventu- hO� for many international financiers, ship,which is building the Limited Ritz. His return to his native Saudi Arabia all including the scandal-torn Bank of ship, h ' coincided with a great Middle Eastern company's Saudi majority shay of the economic boom, sparked largely by family manufactured engines for Saudi Credit and Commerce International.Al ment,except to say robs Hadid of any surging oil prices in the wake of the 1973 commercial planes and for the Saudi Ibralum has been linked in published control or ownership in the Ritz project, reports to an alleged $132 million in leaving him with no energy crisis. Under the.direction of al- Royal Air Force. Ibrahim and his brother,Khaled,the real THAT,SAID AL-SHEHAIL,is the loans from BCCI — a link al-Shehail unspecified"future interest"in the hotel.estate holdings skyrocketed in worth and sole basis for printed claims that al- the brothers diversified their holdings. Ibrahim is an arms dealer. Even so, the n That diversification led the family family divested itself of its interest in the into petrochemicals and hotels in several Rolls Royce subsidiary about two years continents.There are al-Ibrahim proper- ago, al-Shehail said. ties in Egypt, Tunisia, Morocco, Saudi The al-Ibrahim family's investments Arabia, the U.S. and Europe. In the in the U.S. began in the early 1980s, a United States, al-Ibrahim is invested in few four Ritz-Carlton projects, including Fand years after Saudi Crown Prince Aspen's.The hotel here is far from the dent Jimmy an agreement with Presi- largest property—one of al-lbahim's billion Saudi ref to re-invest $60 three Egyptian hotels is a 1,250-room ca. The al=b petrodollars, Amer- Meridien project in Cairo. shim investments.began- It was during this time in the 1970s buildings in Ofegbn and five high-rise that the al-brahim family entered into Center)in the Wield an enterprise that has caused it much 777 ;t:ti rr tz{tviz {} ni . t s x 1 k t1� 3_, zt1 z ti'ti } u� n va s %vl,t z t t j { E ;z{1sCti vYSv+ ti %z' tz v - � �vt 3��� i;�;�it.n� � x.{1v�;s%�sztz���{� �!=�?k, 3.{ rc.. F sx}E•- xis:;,zY{t fez v�S'st � Y{,(q .zjzs'� t � �i%`t�i+��v ,� ; vE%szt{k1v t eta x sztz5 s nz ti i ,"{,�xS 1z tl,i%3 S� s{x%z .vtts};Et fit*vxt vt' tv toz tS,4°t' t�iyi•-;=St tix1��K:v azt > zi ,~� t z. :zctx";ns�t�ts'z�uR Y..sxX,.�2`� ;�z;�i.� tut %#•H� ';;�s��lrii*�t�F��tti ziEv ucstv�z� it ,�, : zx tsts x:u.xty%}{{,%s=i%tis`t;:t�,? 't,.tta S{vt�, iz{rc {a;��s t {{ %: tut c z s s tr 44 t ts x _W111.0,11 tis 5}E n x ut 'Et z ate a{ tz vati 1 iv x t % z i}_ i•5-.. z Y k t {s $ za Div{xivs ,. 1 t kYY s 1S.t%,Aix t} 1 ,� t ist %t {svgktst� ul u N c Lx } ; 1%utis xEx"t z z tiu z �n ti r tutz`3 axt n�`E x t�tstu�. ,� :c t 1� { zt t"S�E�z`ti • s z {»,c }t tv t,��*'z n ti '�.�va n{szts�l: 'tt}1u,v;�' ";''• �{i z��'�.. tzst���"�;�,� �z�{ z %{S � 'v�{ r� s s, ti:ti: c ,ti�t t�zt�:i�i� t�s z�}.zt�t� t�sE�i,c %'si t{+x, �z s x, zaix atu a tivat:'n n its ciu�at ,ft �" x.zrc>�"a uit��� t1E �"{ la ., zth,xi;�isat tictiv,%, � S;z �c { z:cz .Estistn z, r ,1_ tt ,t Utz }icabl a s 4{v � s c '1,tsust x n n r.?fit} t:kl � } z-•s s��{� .t n z u .3 s zt t%t eta 4 t its„ti 'x Y{atx 1 g y%ISitxS k,tt • Ritz Extension Favored ay Blames Del s On War And Ecomomy Council mom By I CHAEL BOUME "This kind of keeps the Aspen Daily News Staff Writer 79 'The Aspen city Council ruled'Dies- gun loaded-ar of Pendleton day that construction delays developers'the Ritz CoundilWOman Carlton Hotel aren't or e City fault, clearing the way developers more time to finish the half- built hotel In a unanimous vote,councilmembers we completion of "As we sit here,We whether the agreed that the Persian Gulf W ar and the he hotel sense. national recession made compble. The really don't know— :; i1 the hotel by October impossible'toward will-be built," said Marc Hayutin, an ring represents the first step for al-Ibrahim• his granting developer Mohamed Hadid an attgayutin said al-Ibrahim and people are still trying to figure out I extra year to finish work on the f m hotel. 2gL_reo whether construction of the massive� Councihnembers will formally hotel project is financially tthe extension— face of a downturn in the hots �� decide whether to gran � at d what ter6ets to put on it—at a hear- nationwide. ing May-29- rte the For his part, Hadid exPt ;y DFCI%ON came despite doubt that the hotel would fact thU Hadid's financier,Abdul An al-Ibrahim. retrains u wbeftr please sge RITZ on Page building tits hotel makes ecocm►ic FROM Ad GE 1 Exact Fom OExte .ns�vn Sill Unceddh RITZ from page 1 er 1992—in two six month phases. If they complete work they say they can do A clash between Hadid and al- within the fast six months, the city Ibrahim earlier this year over control of would let them go ahead on the next six the Ritz project led to the Saudi financier months worth of work. cutting off constriction funding for the COUNCILWOMAN Margot Pend- hotel — slowing work on the half- leton liked the idea, saying it puts pres- finished hotel to a trickle in mid-March. sure on Hadid to keep to construction BUT BOTH SIDES of the partner- schedules. ship argued the recession at least partial- 'This kind of keeps the gun loaded,” ly caused that split.The brief Gulf War she said. worsened the situation by making it The next thorny issue involves money harder to bring Saudi currency out of the the city wants set aside to make sure the Middle East, they said. hotel will be built. City staffers Councilmembers agreed, albeit a suggested the council require the deve- trifle shakily. Councilman Frank Peters lopers to set aside a$4 million bond that first called on the council to deny the would cover the cost of ripping down the claims, only to have his motion die for hotel if it never gets finished. lack of a second. When the vote to give Representatives of the two partners cr+eedence to the claim came up, Court- argued for a similar bond, pledged cilman Michael Gassman looked against land the partners own, to cover Skyward and Mutterled, "I don't know." the costs of"buttoning up"the hotel so However, both men decided to vote to that it would look finished, even if the accept the developers' claims. interior wasn't livable. This arrange- Exactly what form the extension will ment, they said, would make the site take is still up in the air.Most discussion more amactive to er%mP firtnrA An.,el- 4 Times u� Monday,June 31 1991 �What's IV ew Kuwait vote set 1 6 AIT CITY(Ap)_ months day set a date of Octo Kuwait's emir on Sun_ a way elections, but the o ber 1992 for parliamentary too long to wait,and de anded earl e l a lot ng. In his decree,the emir,Sheik Jabe r al-Ahmed al-Sabah, also announced the reconvening next month of the National Council,a body the opposi_ tion says is unconstitutional. The White House had no immediate comment on the emir's decree, spokesman John Herrick said SandaY• The United States had pressed Kuwaiti the government to hold elections early next Year. Foot-dragging on democratic reforms by the Kuwaiti government could prove embarrassing to the Bush administration in 1' h 1 "The al-Sabahs don't want democracy, they want a facade of democracy with a docile parliament that will act as a rubber stamp." ig t of critics tom_ Kuwaiti opposition leader P amts that the US military and other allied for- ces were deployed to restore what is essential) a and anger,our natural aversion to racism feudal system, Y Sullivan, secrets The opposition, which had already announced and Human Servlrycesof the Department of Health Plans for a protest this week— disdain or revulsion when we f no longer feel objected to the election date, its first see the results of discrimination." "The al-Sabahs don't want democrat read of racism or want a facade of democracy with a docile Sullivan spoke Saturday at a symposium went that will act as a rubber stern y' they used the Tuskegee S y as a that parlia- point to Syphilis Study a starting lah Nibari, a leader of the Kuwa ti"Democratic explore issues of race g Forum one of seven o health care.The study of about 400 black men in At least one o PPasltion groups, Alabama between 1932 and 1972 dot Sabah family wanted time leader alter id ruling laws- how the diseases documented "They want to change the election law}o were not told the had the and lulls' Participants given Y had the disease,nor were they a parliament they like,"said make Penicillin after it was discovered as a of the Islamic Caucus andAa Ahmed lead- er treatment. parliament The ongoing research made headlines in 1972 parliament that was dissolved b and was abruptly stopped. y the emir in "I am determined d The parliament and the free press were sus- rniined that this kind of study is n4 pended after both accused royal family er repeated, ever,"Sullivan said. of financial mismanagement and inefficiency Sullivan said infant mortality and life exlx Y members fancy a blacks are just two modern-day exam 1 The decree, as translated b Y of clear, demonstrable, undeniable evidence Kuwaiti News Y the official discrimination Agency,said the timing of the elec- system."flora was in response to " and racism in our health ca] brutal Iraqi aggression." conditions after the He said the infant mortali Iraq seized the emirate on Aug. 2, and allied blacks ishat $rw less t an ty rate for blacks i forces drove Iraqi troops out in late and allied February. Mites and life e During the occupation,the Iraqis Plundered a and blacks w which foundy f o 1990 re hen for whites,He cited, terrorized Kuwait, q P report by his dePartmeni,,which found the 7 1e government had said earlier it would hold ney transplant. as long as whites for a first kid the parliamentary vote sometime in 1992, but it Hon did not want to risk a d sometime election while the country was rebuilding. g KOngerS mark Tiananmen The opposition,however,says the government this British KONG (sta does not want anyone else overseeing the (`�)—"About 10,000 n ing of an estimated ne billion in overseeing the grant gad a rally People S in Y to mark the second annive nary o a he Sun- China.u rackdown on the democrat anniversary°f the ti contracts. It also says the royal family does not n want to answer questions about its performance The crackd Y movement in during the crisis. Sullivan: Racism alive in health care care systteEn�till subject d The iscrimination n tion's health racism nearly 20 and exploited black men nfectedaw federal study Health Secretary Louis Sullivan says, YPhilis, "I am afraid that we have lost our frustration F Ritz at it — ■ continued front page 1 things down. And imagine if the Great Pyr- amid had been built under a PUD and had the city of Aspen eyeing every move. Think they could have finished it as quickly as they did? Fat chance. City officials would have been whining about the plans and the schedule and parking and disposal of dead because the terwrinto rggered fears in Hong Kong 1997, rY reverts to Chinese rule in The demonstrators gathered at a .downtown park before marching three News Agency, China's de factoeembassy in the territory. The protesters carried placards calling for the release of dissidents, sang songs and chanted slogans such as `Don't Forget June 4!" Hundreds, perhaps thousands, were killed when the Chinese army was called in to suppress the democracy movement on June 3-4, 1989. I workers and on and on and on until it would have ruined that Project just the way the Ritz has been ruined. Luckily, ancient Egypt either had no town councils, or their town councils were inadvertant- ly sealed in stone chambers dur- ing early phases of pyramid construction. But in today's overburesucra- tized society you can't seal gov- ernment officials in atone cham- bers, not unless it's out in the county,where the rules are a bit more lenient. Oh, and by the wa case it's slipped your mind since You last looked it up, the Great Pyramid covers 13 acres and stands 482 feet tall, which is really big. Almost big enough to fit in at Beaver Creek. --1'AVEL Inc. 303-90.0562 FAX 963-9014 0914 Hwy, 133, Carbondale, CO 81623 Call NOW and save $$$$$. Must purchase by June 30. FREE DELIVERY Guaranteed lowest fares at time of booking! s 406 r E. 'a,_T_ Q E Hopkins 925-7702 *_NOW SHOWING W. #II�m-�dColora& ondFund COLORADO TAX FREE FUND Voyageur iin. t rts' ong as e . Buzz Cooper,who owns land along the Pd see going si there and unblock- road on the backside of Aspen Mountain, ing it as soon as possible,"Tom Newland, r`. told the Times Daily,Sunday,he wasn't assistant to the county manager,said in denying putting up the sign,but said he April- want to detail his activities. This isn't the first time access on a didn't "I will say this, I reserve the right to popular recreation route has been shut work on it since the county won't, and it in dispute between landowners and Pit- might include blockage,"Cooper said. kin County. Disputes have also affected He doesn't intend to keep mountain Smuggler Mountain Road, the Hunter Creek Cutoff Road from Smuggler Moun bikers off the route,he said. tarn,Midnight Mine Road and the north The Times Daily reported on April 30 that Cooper had warned Pitkin County trail into Hunter Creek. that he would close the road June 1 if it All of those roads have remained open didn't declare ownership of the whole with the exception of the north trail into n Saturday, warning people who road. Hunter Creek. That route is in limbo, NOTHER ROAD DISPUTE: This sign appeared S y g p p The county claims it owns only the with some people claiming it is open and ,nt to drive up Little Annie Road that access is blocked 1.4 miles from Castle first mile of Little Annie Road.The rest others Saying it is closed,while a federal ek Road. Roy Willey photo. of the backcountry route is considered a court judge in Denver ponders the case. Y ]tz on t ice, but skates awa_ !Con rink bon rrom c!t s l . . . less of a totall center• sons beyond the developers' 71 es Dau COLSON bfflefal worries control. n,�8 nasty sr�wruer The Aspen City Council won't The ies rink was to have been Ritz tar-baby demand a $1 million perfor- finished and open for business But, according to council mance bond to guarantee that a by Oct 1,the salhetime,that the member Frank Peters, "The rink along Ritz was supposed t open planned ice skating o its time for excuses and the time for Durant Avenue will be built as doors. delays is past" required. Ofli ials'a-6 worried that the Peters, who called the Ritz But the developers of the Ri mY never be built if the Ritz project "something of a tar- "ed s of for the ice rink t fr is abandoned far fin aAC><al or ,baby"tl hss_atucktfl n� �° OUE It31E l�lfa: p of other reasons, a Possibility that Stuck to other members of coon- that Ritz developer Mohamed Hadid will build. TIM approval for the Ritz, promised' is being admitted by at least one cil,"demanded that the develop- ; that it will be done, though a side of the Savanah Partnership ers begin processing the rezon- gut,Sa a stressed,"We have ing Hadid, noted that the deve- year later than expected. Ltd, the consortium that is ing for the rink land immediate- a enuine commitment to the lopers originally wanted until E The rink, which is to be building the hotel. ly, and that they put up a $1 g located across Durant from the Work at the hotel has all but million performance bond to rink and the park." Sept 25 to start the rezoning A ft ice rink process. Rubey Park Transit Center,is to stopped because of a variety of guarantee that it re done. Peters,gift about the be on half of the block.The other factors,ranging from an overall John co-developer representing Ritz immediacy of both the rezoning Harvey also argued that the half is to be a park.As part of the slowdown in the hotel and lodg- co-developer Mohamed Hadid, Y negotiated agreement for the ing industry to a court battle said the developers"realistical- and the bond, noted that the bond is unnecessary if the coun- rink, the land must be rezoned between the two partners deve- ly"can't begin the rezoning pro- Ritz rink was"trumpeted to the 1 is going i stick with the July from commercial to park desig- loping the Ritz, have prompted cess until Aug 1 not July 1 as community" as a gift from the 1 date, adding that"extra costs nation, a process city staffers delays in the whole range of the city recommended. developers, and may have aren't warranted" say is two years behind scheduling deadlines agreed Also,Sarpa said,performance swayed voters to support the No bond required when the Ritz received its final schedule. bonds are costly financial Ritz project at the polling place. And attorney Bob Hughes, Although the developers approval. devices,indicating that the cost No one said anything at the representing Savanah Partner- wanted to include a restaurant The city earlier this year dec- itself could lead to further time about how difficult it would ships Ltd, noted that the Ritz and possibly other_commercial lared the Ritz to be in violation delays in work on the Ritz. He be to build,"and now what we're could not open unless the rink is operations as part of the rink of its permitting schedules, and also claimed the developers have hearing is that it is very difficult finished, regardless of any complex, the city council had at a hearing on deadline exten- been wrestling with design and to make it work," continued a bonds. earlier concluded it wanted the sion the city council agreed that other"difficult"questions about still-skeptical Peters. The council finally agreed not block to be more of a park and the delays were caused by rea- the rink project itself. Perry Harvey,also represent- to impose the bond. d r a p is r!I Ves draperies m BASALT BEST BUYS 0 ea CL 0 the blind men say... � u . a we are bustin' at the seams • new drapery samples N `3 • New duette shades � i:�,rx.&,.s ,gyp' Q Ak e V • new remote control shades AM Op"Z679S /xr!tfajt�c�fi�l� iit� This 2-level home sits on a large landscaped lot with mountain H f07 G�� views. 3-bedroom, 2-bath, 1,870 sq. ft. offering shop and stor- age space and in-town-convenience..... • blinds draperies a07d&d WZM $135,000 • a 0 fit � COMES 925 . 1749 bob 8c greg miller the blind men REID&WAMRON BASALT OFFICE Evenlrpe or Weekends 925-936 927-3232 963-9100 da�p _ s a i d o p - selie k ASPEN DAILY NEWS,Tuesday,September 17,1991,PAJW41 I` Chronology.10f Abdid--Azkal Involvement-In Aspen Saudi investor Abdul Aziz a1- ingly approve Hadid's plans to build the $6.6 million in allegedly unpaid fees into charges of money laundering, Ibrahim's tenure in Aspen, like the 292-100m Ritz project,rejecting a City from Ibrahim. dealing and influence peddling. building he has financed, has had its Council proposal calling for a hotel ■.loch 1991: Ibrahim cuts off a August 28,199k1:After mo share of stormy moments.The following about a third smaller. construction financing for the half- speculation,Ibrahim deputy Abdul is a brief,chronology of the Ibrahim ■June 1990:Ibrahim submits plans finished hotel,slowing work to a virtual for two Stanwood homes nearly halt and fueling speculation the homl 'a1-Shehail calls a press confe legacy in Aspen over the past two years. announce his boss plans to *** 70,000 square feet.The proposal shocks might never be finished. _hotel. Revised plans call for slim Noveer 19$9-Local newspap- Pitkin 'County commissioners, who ■April &May 1991: In a-series of hotel to 261 rooms and co ers reveal Ibrahim's involvement in the immediately impose a countywide tense meetings with the Aspen City mizing part of an adjoining wing. Ritz project by tracing a $70 million moratorium on homes larger than Council,representatives of Ibrahim and press conference and in a su construction loan to a Cayman Islands 15,000 square feet. The moratorium is Hadid strike a deal extending the dead- personal interview,Shehail categ company linked to Ibrahim's Los still in place and plans for the two homes line for completion of the hotel a year to ly denies the Ibrahim family ever Angeles firm, Newfield Enterprises have gone nowhere: October 1992. In exchange for that BCCI loans. International. in exchange for the ■December 1990:Internal disputes extension, Ibrahim agrees to post a $4 I financing, then-developer Mohamed between Hadid and Ibrahim become million bond by Sept. i that the city may ■September 1991: Ibrahim Hadid assigns all his interests in his public when the two men sue each other use to tear down the hotel if he doesn't the $4 million bond to the city. Aspen commercial properties including in a Washington court over control of the meet the 1992 deadline. BCCI loan allegations widen. the Ritz land to the Cayman firm,Aspen hotel. Ibrahim,charges Hadid with a ■ June 1991: Ibrahim's camp reports cite a Price Waterhouse Financing Limited. litany of financial improprieties and tries announces that the Saudi investor has that appears to show Ibrahim ■February 13, 1990: After months to have him removed as managing ousted Hadid as the project's managing outstanding BCCI loans of $1 of bitter campaigning by supporters and general partner of the hotel project. partner, giving Ibrahim full control of million at the end of 1989 as well as opponents, Aspen voters overwhelm- Hadid returns fire with a suit asking for the hotel's fate. balances of$210.8 million at the e ■August 1, 1991: Local papers 1988 and $125.2 million at the en break the story that Ibrahim is linked in 1987. Later in the month, the press reports to $132 million in ques- Angeles Times reports the Fe tionable loans from the Bank of Credit Bureau of Investigation is probing and Commerce International,which less him's alleged BCCI ties in the conte than a month before had become the his involvement in development;". target of international investigations Marina del Rey.. ' Iss' e*ssors � eal o o Savanah's_ deposits with BCCI in various curren- ducting BCCI investigations),wording in � cies," concurs a Task Force Report con- a document released by the Senate Com- eve o V p of Ritz ducted by BCCI in support of a Price mittee on Foreign Relations Suboammit^ Waterhouse audit. We on Terrorism,Narcotics and Intema- The Task Force Report states al- tional Operations indicates the sheik I Ibrahim had deposits with the bank tot- borrowed$467.7 million from BCCI from name ro mean a aling $133 million on Dec 12, 1989 and 1987 through 1989, as noted. clear that members of the al-Ibrahim family In that document, under al-Ibrahim's AN Writer Nell Hotel suite-Saturday to divulge had deposits totalling $19.29 million, a name,an entry reports"gross exposure' PAUL A Dottys writer financial information concerning the total of more than$152 million. of$125.2 million in December 1987, According to representatives of BCCI investigation in an effort to extri- The sheik's representatives maintain $210.8 million in December 1988 and >ctz-Carlton Hotel developer Sheik cate the sheik's enterprises from the that al-Ibrahim has never borrowed $131 million in December 1989. ul Aziz al-Ibrahim; 15 percent of the taint of scandal. money from BCCI but has only taken The sheik's representatives said they ulative funds from the Savanah Lim- John Sarpa,an al-Ibrahim spokesman withdrawals on his deposits. were baffled by the term. But Kerry's Partnership used for Aspen proper= and former lieutenant under Mohamed "Deposits in the name of Sheik Abdul staffer said it represents exposure to the s and developments was siphoned Hadid, admitted that his new boss, who Aziz al-Ibrahim fully cover the borrow- bank on loans it administered. the sheik's accounts with the crime- Push Hadid from the Savaaah partner- ings,"reads the Task Force Report. Did the sheik borrow money from den Bank of Credit and Commerce ship in the spring, has done business They were loans' BCCI or only withdraw from his own rnational(BCCI). with BCCI. But according to a staffer in Sen John deposits? Five of the sheik's representatives met "He is considered a high net worth Kerry's Washington, DC, office (Kerry His representatives claim the latter, a Times Daily reporter in a Little individual and has maintained good and Sen Hank Brown, R-Colo, are con- ■ see Aspen Ritz on page 19 Tuesday,September 17,1991 Times Daily 19 t. y Harve denies `loan' posture en Ritz concerned,"said Price Waterhouse in the subcom- By JOHN COLSON continued from page 1 Times Daily Staff Writer ut wording in documents generated by the mittee report. A local official working for Saudi financier Abdul Aziz nate subcommittee describes the transactions "Interest is charged to the same level as deposit al-Ibrahim Monday denied apparent conflicts over the use of loan as"loans." interest is paid for loans to the value of 50 percent money from the Bank of Credit and Commerce International "The loans are advanced against deposits of the deposits held ... Deposits are held in the (BCCI)to build the Ritz-Carlton Aspen Hotel. ` pledged to the extent of$152 million,but there is names of the various family members,not all in A spokesman for al-Ibrahim,Abdul Aziz al-Shehail,said on Aug no formal lien over the deposits," reads the sec- the name of Sheik Abdul Aziz, the report 28,"We haven't gotten any loans from BCCI,period! tion of the report specifically targeting al- continues. But,according to a conversation between al-Ibrahim represen- Ibrahim. According to the sheik's representatives,inde- tatives and a Times Daily reporter last weekend (related story, The sheik was represented Saturday by Sarpa, pendent direct confirmation of dealings with page 1),15 percent of the money brought to Aspen by the Savanah Aspen attorney Bob Hughes, Perry Harvey and p Limited partnership has come from BCCI. BCCI has been presented to investigators in Los And according to reports currently being reviewed by the Senate Joe Imbriani of the Ritz development team and Angeles.And while al-Ibrahim is hoping to clear subcommittee investigating BCCI,some of the money doled out to Margaret Graf, an attorney representing al- his name of damaging complicity with BCCI,the al Ibrahim by BCCI was in the form of loans. Ibrahim in an investigation of the sheik and scent of scandal is souring his ability to do busi- "I don't see any conflict between the two statements,"said Perry BCCI in Los Angeles. ness with real estate and banking interests. Harvey,local point man for the Savanah Limited Partnership that They explained that through December 1989 is building the Ritz. 2.5 percent of the Aspen funds came through The sheik's legal team d attempting to ng his Harvey said,"I'm in charge of the construction,I'm not in charge struct BCCI.When the bank scandal broke,more money name how newspaper headlines besmirching his of the financing." was siphoned from the sheik's BCCI accounts in name were conceived by reporters and editors.A But,he added, "My understanding of it was that there never an effort to reduce exposure. special effort is amending public perception of the were any loans from BCCI,that we were just a depositor." The cumulative amount of Savanah funds to sheik's role. He maintained that,as it has been explained to him,al-Ibrahim Aspen from BCCI have reached 15 percent to Given that the sheik's representatives met only took cash advances against a deposit of$152 million,and that ' with an Aspen reporter this week before talking no actual loans were involved. to the Los Angeles Times, where much of the "It's not like going to a bank and filling out an application and date. No wrongdoing claimed BCCl/al-Ibrahim link has been reported,the con- pledging collateral,"he insisted."It's just a banking policy that all Al-Ibrahim is named in the BCCI investigation cern for al-Ibrahim's reputation in Aspen appears banks extend to a good customer." because of the size of his business with the inter- high, Al-Ibrahim's representatives conceded in the interview this national bank, said his representatives. They week that the congressional report refers to hundreds of millions claim al-Ibrahim is innocent of wrongdoing and But if al-Ibrahim is called in for testimony of dollars linked to al-Ibrahim,but said they were stumped by the was only a preferred customer of the bank whose before the Senate Committee on Foreign Rela- meaning of a term applied to the figures—"gross exposure:' withdrawals never exceeded his deposits. lions, as one Washington staffer has suggested, But a staffer in US Sen John Kerry's office,who is working on "We do not understand the rationale for main- his low-profile image may see the spotlight of the BCCI scandal,said"exposure"is simply a term that refers to taining both loans and deposits of the same levels scrutiny,a prospect that repels him. loans that a bank administers and could lose money on. ORI NG LE DAY `7f you don't want hp inted,,don't let it happen." P all E 517 E.HOPMS,ASPEN,COLORADO 81611 THURSDAY, AUGUST 29.1991 � VOL 14#51 FREE • It � . De ' Open B Oct 199 gel 2 $4 Nlir�y °D,er Sept 1 Deadline - S � ,Bond BY By By '` Aspen Daly sine water , K, The Ritz-Carlton Hotel is back on track, protect officials say. Along line of officials connected with ,hat most crossed Ritz project confirmed Wednesday of Aspen wady knows:Saudi developer Abdul Aziz al-Ibrahim plans to finish the m rtsi doors byt 4ober of Aspen Mountain and oPan 1992. in as soon as Renewed work on the hotel Will approves possible — before Aspen City ? es to the project. several chang quickly as we can on "WE'RE GOING TO start as manager for candler,Project the job,"said Michael B®atitel Corporation,which has been hired to oversee !!' the work contractor PCL Construction is doing on the N . hotel. - m will post a u V The officials also confirmed al-Ibrahiith the city to $4 million demolition bond by 5 e. tt Est e insure�will:finish the hotel on tun � intends,to follow through on commitments local nonprofit uPs �3 Aspen Meadows properties to next to the hotel;thek y4k uni y ice rink ne £' Meyers anclto build`s Comm t ,` they Aspen Daly News/ Devon officials said. Newfield Enterprises inter- ,. From left eY Al ibral►1m's company, l of the Ritz project from ro officials announce renewal of work on the I hotel Benjamin. took over cunt after months of EAM: Ritz project yah a, G. Naksh national, THE NEW T developer Mohamed 11 in June aft are: John Sa►'pa, Abdul Aziz al-Shehail, Aziz Y �e A A pose see RITZ on page 17 Police P*Y de 2 People lined up Wednesday on both sides of a debate over whether the Aspen Police Department should continue a new policy of curtailing the amount of information released I to local reporters. The issue is now in the hands of Aspen Police Chief John Goodwin for resolution. "This is not just a press issue, it's a public issue," Goodwin said. br hi a m di I to d s n une for Rit �i By JOHN COLSON when the bank was closed over alle a- Iraq. Tines Dail S g rooms to 261 rooms, and deleting one of y �fl'k'om tions of fraud. Al Shehail,along with other represen- three restaurants originally planned, as No funds from the scandal-ridden "I lost a couple of hundred thousand as tatives of Savanah Limited Partnership a way to cut the cost of the hotel m Bank of Credit and Commerce have been a depositor,"Al Shehail said.Al-Ibrahim and other corporate partners in the pro- In a court battle_with former Ritz or will be used to build the Ritz-Carlton lost considerably more,he added. ject,spoke at a press conference Wednes- developer Mohamed Hadid, al-Ibrahim Hotel in Aspen,a spokesman for a Saudi Al-Ibrahim's name was linked to$132 day afternoon,confirming earlier reports alleged that Hadid's mismanagement of billionaire developer claimed million in loans from the bank, which is that al-Ibrahim is going ahead with con- the project had driven the construction ' Wednesday. at the center of a whirlwind of charges struction of the hotel costs from$70 million up to$150 million. But Abdul Aziz Al Shehail, speaking involving bank fraud, drug money laun- Refusing to comment on reports that "We're not discussing the total cost of for Sheik Abdul Aziz al-Ibrahim, con- dering and international weapons sales the hotel will cost an estimated$150 mil- the project today,"declared John Sarpa, ceded that both of them had been deposi- including possible shipments of nuclear lion to build, A' Shehail said the plan- a former vice president for Hadid now tors in the bank and had lost some money weapons components or technology to ners of the hotel are cutting it from 292 ■ see Ritz cost-cutting on page 13 Thursday,August 29,1991 Times Daiy 13 lbrah 'im cuts R 'itz develop ent costs ■ continued from page 1 working for al-Ibrahim. a:. Al Shehail said the sheik is not borrowing any money to complete the hotel, indicating the construction bills will be Tens of thousands of paid using al-Ibrahim's own per- room nights' had to be sonal financial resources. i' Al Shehail said no money had cancelled when Hadid been borrowed from BCCI for the Aspen Ritz project. announced last spring Al Shehail is listed as "the worldwide director of all (al- that he would not be Ibrahim's)business enterprises" in a press release from Savansh. able to finish the hotel Concerning changes. to the by Oct 1 of this year, city approvals for the hotel pro- ject, which are said to be cost- according to a " cutting measures, Sarpa con- " firmed that condominiums will Ritz-Carlton Hotel L , k3 . replace hotel rooms in the struc- p official. ture being built next to the Mountain Chalet on Durant : .. Avenue, but said a sky-bridge between two wings of the hotel will continue as general will still be built. contractor. ' Of the changes, Sarpa said, Ed Staros, regional manager y `' "It's still in flux." for the Ritz-Carlton Hotel Co, But Michael Candler, mana- said reservations are now being ger of projects for the Bechtel taken for the 1992-93 ski season. DETAIL MEN: John Sarpa (left) and Abdul Aziz Al Shehail, representatives of Saudi billionaire Corporation, said work will Staros said that"tens of thou- Abdul AZIZ bin Ibrahim al-Ibrahim, outline for reporters Wednesday what their boss plans to do with resume this fall even as Sava- sands of room nights"had to be the Ritz-Carlton Hotel project. Kim Foss photo. nah negotiates with the city over cancelled when H a d i d the proposed changes.Bechtel is announced last spring that he to be the project manager, and would not be able to finish the "We've maintained a very people," Staros continued, 7,000 letters to interested con- the PCL Construction Company hotel by Oct 1 of this year. good rapport with all of those including a recent mailing of -ference customers. I � hu e s ff h u� eshuffle, Marble miner to proceed / 4 Burnt Mountain traffic / 7 Royal pitches no-hitter / 16 oil, ■ City , Ibrahim wants smaller Ritz tJOHN COLSON Wednesday. of renewed development approvals in will now take to build it. Times Daily Staff Writer And,according to local citizen Phoebe June,was to have been posted by Sept 1 According to Aspen Mayor John Ben The troubled Ritz-Carlton Hotel will Ryerson,who claims to have talked with in order for the approvals to remain nett,as well as city attorney Jed Caswall be built in Aspen,but somewhat reduced Sarpa,Ibrahim also intends to go ahead - valid. and planning director Amy Margerum, in size and cost, according to an with plans to deed the Aspen Meadows The renewed approvals were neces- Ibrahim's representatives said in te'le- announcement by the city. lands over to the non-profits that have nary after then-developer Mohamed phone conversations that they will post Aspen city officials confirmed Monday used its facilities for decades. Hadid revealed he would not meet his . the bond and finish the hotel. night that Saudi financier Sheikh Abdul According to city officials,Ibrahim has fall 1991 construction completion dead- But, according to city officials, the Aziz bin Ibrahim al Ibrahim has agreed said he will seek changes in city approval line as required by the city. developer wants to change the Planned to post a$4 million demolition bond and for the hotel project, asking to cut the Hadid has since been ousted from the Unit Development approvals for the plans to go ahead with the hotel's con- size of rooms from 292 to 261 and to build development management team as part multi-phase project. struction,and that the huge Bechtel con- condos instead.of hotel rooms in one por- of a settlement in a court fight with Among the changes, Bennett and struction company has been hired to do lion of the overall development, among Ibrahim. Margerum said,are the elimination of a it. other changes. Ibrahim, who alleged that Hadid had sky-bridge that would have connected Ibrahim's representative,John Sarpa, Confusion still exists,however, about mismanaged the project and doubled the two wings of the hotel;elimination of one µ> refused to comment on the announce- exactly when the demolition bond will be total development cost, has been trying of the three restaurants in the hotel;and ment,but said there will be a press con- posted. all summer to decide whether the project a change in use of the building now being ference to discuss the sheikh's plans'on The bond,which was made a condition is worth the estimated $150 million it ■ see Ritz on page 9 Rintz ■ continued from page 1 until after the changes to the PUD were constructed where the old Blue Spruce Lodge approved. once stood. But Caswall and Margerum both said Monday Ibrahim now proposes to build condominiums they were told the bond would be posted by the in that building, Bennett said, adding that the Sept 1 deadline. Caswall noted that if the dead- four to five condos would be subtracted from line were missed,all city approvals would be void. already approved condos planned for the Top of Mill and rebuilt Grand Aspen Hotel Caswall also said he was unsure when the developers planned to come in and take out their In addition,Margerum said Monday, the new "number one building permit,"which is required plans may call for the elimination of one floor in for full-scale development to continue on the site. "Building B,"the wing along Mill Street that is The deadline for issuance of that permit, Cas-' now under construction. wall said,also is Sept 1. Bennett said his impression last Friday was The hotel is now due to be completed by the fall that the demolition bond would not be posted of 1992,according to agreements reached in June. Fire wreck s m k a eshift home 7Ymes Daily staff mport pm Wednesday, according to Fire destroyed a makeshift Aspen Volunteer Fire A-frame structure last night Department spokesman Wil- that many transients have lard Clapper. called home while in town. An investigator'for the fire department will explore The Times Daily reported today whether the fire was Tuesday that the structure due to arson or carelessness was below Marolt pedestrian on the part of the inhabitant, bridge on the west bank of Clapper said. Castle Creek.The shanty is a No one was at the struc- testament to the trouble some ture when the fire depart- people have finding afford- ment arrived. It didn't take able housing in town. the firefighters long to douse The little but was con- the flames, but the shanty sumed by fire shortly after 6 was totally destroyed. Al Ibrahim linked - to BCCI scandal that has jolted the world's finan- aire al-Ibrahim is a brother-in-. tional (AEI), a Colorado Corpo- .,- Ritz inxv,,,nstor Ile e�l,/ hOIC cial institutions, And that it law of Saudi Arabian King ration with headquarters in Los ' ` ` r J touches the developer of the Fand. Angeles, represents al-Ibrahim stymied Ritz-Carlton Hotel pro- Al-Ibrahim has since deposed in the Savanah Ltd partnership ��I I to l l in ���� loans sect bears-still<more intrigue. of Hadid as man r of the ro- that is buildi Y P building—or not build- The major financial partner ject. Meanwhile, the 292-room ing—the Ritz hotel in Aspen. for the Ritz, Abdul Aziz al- hotel's future remains in ques- Ibrahim,was named Tuesday in tion. Representatives of al- Spokesmen there told the °.By PAUL ANDERSEN tional—are such noted figures a National Public Radio report Ibrahim have told the city coun- Times Daily Wednesday that 71nmDadyStaffwrit.r as British Prime Minister John as having a connection with cil they don't know if it will-be the BCCI implications have They call it the bank of crooks Major, CIA nominee Robert BCCI and outstanding question- built. nothing to do with Aspen's Ritz and criminals and it has left a Coates, Defense Secretary Clark ' able loans of$100 million. (See Work continues on the site at hotel project. paper trail around the globe that Clifford and Argentine Presi- text of NPR story on page 9.) a snail's pace,primarily to meet Phil Armstrong, an AEI rep- -has investigators scurrying. dent Carlos Saul Menem. Al-Ibrahim gained a stake in the city council's demands.that resentative, said: `No monies Scorched by the scandal sur- That the BCCI scandal has the Ritz in 1989—becoming the the developer clean up the con- ` invested in Savanah Limited -rounding BCCI the Bank of reached Aspen is par for the money partner in the project struction site. partnership were borrowed from Credit and Commerce Interna course in a complex controversy with Mohamed Hadid. Billion- Aspen Enterprises Interna- ■ see Scandal on page 9 mw ■ continued from page 1 weeks, the scandal was "used bribery, extortion, kid- BCCI." unearthed in July 1986 when napping and possibly murder Another AEI representative, US agents investigating drug to further the bank's aims." Omar Benjamin,used the word money laundering discovered "victim" in regards to al- connections to BCCI. The Bank of England, Bri- Ibrahim's role with BCCI. He tain's Central Bank, wants explained that decisions to Since then BCCI has been BCCI to be closed because it temporarily halt the Ritz- enmeshed in sensational had been operating fraudulent- Carlton Hotel were solely the charges that bank officials ly and was insolvent.A British result of disagreements within -laundered cocaine profits, that court delayed liquidation the partnership, the bank has financed the although depositors in that According to Time Magazine, smuggling of weapons, helped country have lost more than which has pried into many dark pay off covert aid to Nicara- $72Y2 million dollars. corridors within the BCCI net- guan Contras and,according to The.bank's controlling share- work over the past several Time's Aug 5, 1991, edition, holders are in Abu Dhabi. LateSpolts Scores only one newspaper has them Ritz Gets Extra Year; . .City To Get $4 Million Bond BY MCMEL BOURNE �-; " 1 to Pay about $180,000 in building Aspen�No"Staff Wdt« "° � 1( department and planning fees to the city �� by that date and apply to re-zone the Ice in 2 years, no The builders of the Ritz-Carlton Hotel Rink property for use as a park by July 1. going to remember two have agreed to put up $4 million to But if the troubled partnership splits of ensure the hotel gets built — but not before September—or if the developers WeekS. until the hotel partnership decides fail to meet a series ofconstruction dead- Michael Gassman whether to build it. lines before then — there will be no In an unanimous vote,the Aspen City bond assurances. City Councilman Council approved a construction exten- Al-Ibrahim's attorney Marc Hayutin sion for the massive 292-room hotel, made it quite clear his boss plans to allowing developer Mohamed Hadid an make the decision of whether to spend extra year to finish the half built hotel. _ the millions of dollars it will take to tor,to He and his financial partner, speed construction on the building p Abdul Aziz complete the hotel before September beginning next week. But Hayutin al-Ibrahim,will now have until October rolls around. After a bitter break emphasized the decision to fund the 1992 to put the final touches on the between the hotel partners, al-Ibrahim hotel' hotel project still has not been made. put the brakes on construction funding The deal, the last sticking AS PART OF that approval, the for the hotel in March, slowing work more than a month of tense netiations council negotiated a deal that calls for there to a virtual standstill. over Hadid and al-Ibrahim to put up a $4 BOTH SIDES of the partnership said birth.The de a ofers lwhodt ad difficult - million cash bond on Sept.1.If the deve- relations between the two men are on the ously opposed any kind of lopers pull out of the project after that mend.As proof of the warmed relations, bond, compromised, but remained adamant date,that money could be used to demol- Hadid official John Sarpa announced a the bond shouldn't be posted before Oct. ish the hotel. contract has been sealed with PCL The deal also calls for the developers Construction,the primary Ritz contrac- Please we RITZ on page 9 FROM PAGE Deal Ends Month 0-YAP Taff RriZ from Pop 1 And the city blinked first, "In 20 1. Years,nobody's going to remember two weeks,"Councilman Michael Gassman That led to a five-minute huddle by remarked. both sides. When the negotiators broke, The city is aware of the risk it is the two sides were only a month apart. taking, Councilman Frank Peters said The developers wanted Sept.1 while the after the meeting. 'The risk(of a pull- city wanted Aug. 1. out)that's there now will be tyre until AFTER ANOTHER tense huddle, Sept. 1," he said. the sides were two weeks apart— the But,he noted,the flip side of demand- difference being between Aug. 15 and ing a more immediate bond asked the Sept. 1. As offers fired back and forth developers to perform an "impossible across the bargaining tables, the deve- task."The implicit threat was that,with_ Topers stuck to their guns. Al-Ibrahim out the time to make the decision, the simply couldn't commit to putting up a developers would make the decision by bond until he makes the decision on the walking out on a broken deal. hotel's future and that decision couldn't "I think essentially what we did be made before Sept. 1, Hayutin said. tonight is tell diem to make up their "We've already come back as far as minds by September 1," added we can go," he said. Gassman. t 'Aspen-- rWe&VN Y W WI fi Ritz extension s ranted city Y will wait for $4 million bond Dickering over dates and together," Sarpa told the city completion of the project, and numbers like old horse traders, council. "We really do come to "we will not be there in 30 days." the Aspen City Council and the you tonight arm-in-arm He said the partnership needs developers of the Ritz-Carlton together." He noted that the until Oct 1 to make its decision Hotel on Wednesday night ag- partners' lieutenants, who two on whether it is financially feasi- reed to wait three months at the weeks ago sat far apart and did ble to build the hotel. most for a final decision on what not speak to each other, last But, argued Mayor Bill Stir- will be done with the troubled night sat side by side at a table ling,the first of the deadlines is project. facing the council table. up on July 1,and if the develop- Ritz representatives also Mohamed Hadid and his ers are unable to meet that first announced work will resume on financier, Saudi Abdul Aziz bin deadline it could leave the city the hotel site next week, and Ibrahim al Ibrahim, also will with a half-finished shell and no that$1.8 million in construction have to meet a series of dead- way to tear it down or finish it. is planned under a contract lines staggered over the next "We need more assurance," signed recently with the PCL year and a half in order to not Stirling said. construction company. lose their extended development After wrangling back and Representatives of the two permits. Deadlines set in the forth over the dates, the two warring partners in the massive original development approval sides compromised on Sept 1 to hotel project agreed that by Sept had expired this spring,and the come up with the money,but ag- 1,Savanah Partnership Ltd will developers had to ask for an reed to nail down what the form put up $4 million to tear the extension. of the bond would be within 30 half-finished building down if The two men have been bat days. the hotel is not built on ache- tling in court over control of the Aspen City Attorney Jed Cas- dule. Developers now plan to 292-room hotel,and work at the wall,describing the deal and the Luli open the hotel for the 1992-93 site had all but stopped earlier deadlines that must be met to ski season, not next season as this year. keep the extensions alive, said, originally planned. Negotiations over the project "It's kind of like somebody hav- But, pledged Savanah rep- extensions nearly broke down ing pleaded guilty to this resentative John Sarpa, inter- when the city council insisted offense, but you defer the sen- nal divisions in the partnership the $4 million demolition bond tencing.In this instance,they're are healing and the project is not be paid within 30 days. (the developers)on probation. If in as much trouble as it was ear- Ibrahim's attorney, Marc they violate the terms of the lien this year. Hayutin,said the partnership is probation, they just get to face "We really are closer in no position now to guarantee the judge (the city council)." 26-A •The Aspen Times May 30, 1991 editoria delaying ritz bond a nice gesture but not a good idea Two momentous and oddly coincidental occurrences have transpired this week — the . near-simultaneous approvals of redevelop- ment plans for the Aspen Meadows and the extension of building permits for the Ritz- Carlton Aspen hotel project. Both events are supposed to see that the fabric of this town is not marred by gaping holes,although the holes are of quite divergent varieties. We applaud the Meadows approval, and hope things can go smoothly from here in the effort to give a permanent home to the non- profits that have used the Meadows for decades — the Aspen Institute, the Music ,.....� _ Associates of Aspen and the Aspen Center for Physics — as well as staging space for the .As things now stand,if the developers aban- International Design Conference at Aspen and don the Ritz,the city has no way to fix the mess • new riverside park for the city. they will leave behind. The bonds in place The threats of development and eviction by appear woefully inadequate, and the legisla- •series of fiscally adventurous Meadows own- tive safeguards would probably do little more ers has been unsettling,to say the least.While than keep an army of lawyers busy for a not everyone is happy with the details of the quarter-century. plans,we feel the town and the non-profits are The ragged-looking, half-finished building, immeasurably better off than before. however, would remain as a long-term remin- While the Meadows deal is closely tied to the der of the need for close supervision of Ritz-Carlton project, it would seem that there development. would be little to gain by the Ritz developers We feel the city council has erred on the side should they decide not to let the Meadows go. of generosity in putting off the posting of the Between zoning changes and the stratospheric demolition bond, and that the city stands a level of community feeling about the Meadows good chance of being the ultimate victim of and its place in Aspen's cultural life, about the mismanagement and internal strife among the only option available is to see the deal through. Ritz developing partners. The Ritz, however, is still a highly unstable All that remains is to hope the partners can commodity,and we urge the city to keep a close patch up their differences, or one of them can eye on developments there at the base of Aspen be forced out to leave the other to finish a pro- Mountain. ject that has been a veritable nightmare for all The city council has generously allowed the concerned. Savanah Partnership an extra couple of months to make up its mind whether or not to build this super-expensive luxury hotel, by not insisting that a $4 million demolition bond be posted within a month.We hope that generosi- ty does not prove disastrous. The per-room cost is approaching the half million dollar mark, according to the develop- ers' claims, and therein lies the dilemma for the Saudi financier whose money is fueling the construction. Should he throw away the mil- lions he already has in the project,or should he finish it and gamble on its success? Page 12,RICH COUNTRY REAL ESTATE,Weds of May 29 Jmw 4,1991 ff Councfl Rules That Hadid Not At Fault F r o Ritz Delays ft ��"N Bourne out whether construction of the Exactly what form the exten- The Aspen City Council ruled massive hotel project is financial- Sion will take Is still up in the "This Kind of keeps the recently that construction delays ly viable In the face of a down- air. Most discussion focused on a on the Ritz-Carkon hotel aren't turn in the hotel business plan that would give the develop. gun loaded.„ the developers' fault, clearing the nationwide. Sm an extra year — until Octob. Margot Pendleton way for granting the developers For his part, Hadid expressed er 1992 — in two six month City Courldhmnan more time to finish the half-built no doubt that the hotel would be phase& it they complete work hotel. built they say they can do within the In a unanimous vote, council- A dash between Hadid and s1- first six months, the city would members agreed that the Persian Ibrahim earlier this year over let them go ahead on the next Gulf war and the national reces- control of the Ritz project led to six months worth of work. sion made completion of the the Saudi finander cutting off Councilwoman Margot Pendle- it never gets finished. hotel by October Impossible. The construction funding for the hotel ton liked the idea, saying it puts Representatives of the two ruling represents the first step — slowing work on the half- pressure on Hadid to keep to partners argued for a similar toward granting developer finished hotel to a trickle in mid- construction schedules. bond, pledged against land the Mohamed Hadid another year to March. 'This kind of keeps the gun partners own, to cover the costs finish work on the 292-room But both sides of the partner- loaded,” she said. of 'buttoning up" the hotel so hotel, ship argued the recession at THE NEXT THORNY issue that it would look finished, even Coundimembers will formally least partially caused that split involves money the city wants ff the interior wasn't livable. This decide whether to grant the The brief Gulf war worsened the set aside to make sure the hotel arrangement, they said, would extension and what terms to situation by making it harder to . will be built. City staffers make the site more attractive to f= put on it at a hearing May bring Saud currency out of the suggested the council require the some future developer who would 29. Middle East, they said. The decision came despite the COUNCILMEMBERS agreed, to set aside a $4 be able to-finish construction albeit a trifle shakil million bond that would cover the rather than having to start from fact that Hadid's financier, Abdul y. Councilman cost of ripping down the hotel If scratch. Aziz al-Ibrahim, remains unsure Frank Peters first called on the whether building the hotel makes council to deny the claims, only economic sense. to have his motion die for lack of "AS WE SIT here, we don't a second, when the vote to give ;,i��Ki know — we really don't know — creedence to the claim came up, mm whether the hotel will be built," Councilman Michael Gassman said Marc Hayutin, an attorney looked skyward and muttered, "1 for al-Ibrahim. don't know." However, both menu Hayutin said al-Ibrahim and his decided to vote to accept the people are still trying to figure developers' claims.