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HomeMy WebLinkAboutLand Use Case.331 Midland Ave.0099.2016.ASLU December 9, 2016 Mr. Mike Kosdrosky Executive Director Aspen/Pitkin County Housing Authority RE: Aspen Hills Affordable Housing 331-338 Midland Avenue Mr. Kosdrosky: Please accept this addendum to our planning application for Aspen Hills Affordable Housing. The Housing Authority adopted “Marketability Standards” to provide guidance on physical capital needs for existing units to be accepted into the affordable housing inventory. The attached studies have been performed in response to this requirement. We hope this enables APCHA and the applicant to determine the improvements which must be accomplished in the near term and the extent of initial funding for a capital reserve account. We understand from previous conversation with you that this project is the first to go through this analysis. Please let us know if we can clarify anything in the reports or if further input from the consultants is desired. Sincerely, Chris Bendon, AICP BendonAdams LLC 300 So. Spring St. #202 Aspen, CO chris@bendonadams.com 970.925.2855 Attached: Confluence Report RD3 Report Copy: Ms. Sara Nadolny, AICP Planner, City of Aspen PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS RD3-005 - Aspen Hill Condos 331-338 Midland Avenue, Aspen, CO Report Generated on: 10/21/2016 RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 1 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS October 21, 2016 RD3, Inc. 9871 E Progress Circle Greenwood Village, CO, 80111 Mr. Chris Bendon, SUBJECT: Physical Needs Assessment - Aspen Hill Condos This project summary is not to be used alone. The attached report is intended to be read in its entirety. Definitions of the terms used in the Report Overview to describe average or overall conditions include the following: - Excellent - In "like new" condition and/or high quality materials used. - Good - no remedial work is recommended. - Fair - system is aging and/or minor remedial work may be recommended. - Poor - replacement or major remedial work is recommended. - Repair / Replace - immediate remedial work is recommended. COST TABLES The tables display estimated repair and/or replacement costs. The estimated costs are preliminary and are based upon the Assessor's Inspector's experience in conducting similar projects. The actual cost will be affected by factors such as duration of time to correction, site access, market conditions, and other contingencies applied by Owner or not necessarily aware to the Assessor. CONVENTIONS For your convenience, the following conventions have been used in this report. 1) Emergency: a system or component which is considered significantly deficient or is unsafe. Significant deficiencies need to be corrected and, except for some safety items, are likely to cause further asset / infrastructure damage if remediation is not acted upon immediately (no delays). Emergencies can involve significant costs. 2) Urgent: denotes a condition that is unsafe or if not addressed can cause further asset / infrastructure damage. Urgent items need prompt remediation attention in the current fiscal period. 3) Expedited: denotes a system or component which is missing or which needs corrective action in the next fiscal period to assure proper and reliable function. 4) Routine: denotes a system or component that is in the routine planning cycle for prioritization and scheduling. Routine items may also be items that need further investigation and / or monitoring in order to determine if repairs or corrective actions are necessary. 5) Deferred: denotes items that are outside of the 'physical asset life cycle considerations' and need to be review and prioritized into the other items by the Owner's executive team. Deferred items could also be items that are beyond the planning horizon of the assessment. The assessment is to identify the physical asses systems that will need repair, replacement or corrective / remediation action of five (5) year planning horizon. PLANNING HORIZON BREAKOUT The planning horizon periods are broken down into: - "0" indicating immediate action is recommended in the current fiscal period. - "1" indicating action is recommended in the the next fiscal year over the five year planning horizon. - "2" indicating action is recommended in the the 2nd fiscal year over the five year planning horizon. - "3" indicating action is recommended in the the 3rd fiscal year over the five year planning horizon. - "4" indicating action is recommended in the the 4th fiscal year over the five year planning horizon. - "5" indicating action is recommended in the the 5th fiscal year over the five year planning horizon. RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 2 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS THE SCOPE OF THE ASSESSMENT It is the goal of the assessment to put a building in a better position to make business decisions surrounding the prioritization and allocation of capital funds. Not all improvements will be identified during the inspection. Unexpected repairs should still be anticipated and budgeted. The inspection should not be considered a definitive plan, a guarantee, or warranty of any kind. The Limitations section of each component of the report should be thoroughly examined as many issues arise within the course of the inspection which limits the visual inspection. PURPOSE The purpose of this assessment was to provide an observation and report on the physical condition and maintenance of the property and its improvements. This report addresses items that we believe are significant for the continued operation of this facility in its current usage and occupancy, consistent with comparable properties of similar age. Enhancements or other non-PNA capital item changes, can be added by Owner and prioritized with all other items in the report. The Capital Planning tool will allow the Owner's team to submit their own items, if desired, for integration into an overall Capital Plan into over the planning horizon. The RD3 capital planning tool can be a 'living document' allowing it to be continuously updated and items made 'inactive'. SCOPE RD3 scope of services for this assessment included a visit to the property with observations of the property and its improvements, reviews of available construction and maintenance documents, and interviews with various persons. The purpose of these observations was to assess the general physical condition and deferred maintenance status of the property and to recommend repair and operation and/or to be restored to a good condition consistent with comparable properties of similar age. The assessment was performed in general accordance with ASTM E 2018-15, Standard Guide for Property Condition Assessments: Baseline Property Condition Assessment Process. OPINIONS Opinions of cost for recommended repairs have been prepared and posted with each description and in the site and overall cost summary tables in the report. Items ranked "Repair/Replace" will be indicated in the "0" years column and should be considered for immediate or near future attention. Items ranked "Repair/Replace" with a future year (other than "0") indicates a recommendation that the item can be prioritized between year "0" and the recommended year. Items with a "0" planning horizon indicates it should be considered for immediate or near future attention. Items ranked Poor are those items needing repair or replacement to remedy physical deficiencies, such as deferred maintenance, that are beyond the scope of regular maintenance that should be undertaken on a priority basis within one to two years. Items or areas which are ranked Excellent, Good and Fair conditions will be posted in years typically the second planning horizon year and beyond. RD3 has prepared one comprehensive Facilities Condition Assessment Report which includes pertinent information from building(s) present on the subject property. RD3 has provided the standard Property Summary Table normally utilized in RD3 Physical Needs Assessment Reports. RD3 has provided suggestions for repairs and upgrades of selected systems that are not considered 'deferred maintenance' or that the deferral of maintenance has made the deterioration beyond what would be a maintenance item. These suggestions have been provided to assist the Owner in identifying certain maintenance issues that may prolong the life of the respective systems. Suggestions for repairs and upgrades have been provided for selected conditions and should not be considered all-inclusive. RD3 has provided general information pertaining to out of scope issues including ADA Compliance and potential microbial or other growth issues. No comment is offered on environmental conditions or asbestos containing materials. GENERAL DESCRIPTION Aspen Hill Condos is a Multi-Family low rise condominium complex with eight (8) units that is targeted for 'employee housing' with Aspen Housing Authority located at 331 to 338 Midland Avenue, Aspen, CO. The Aspen Hill building exteriors are wood lap board siding. For the age of the building the exterior siding is in good condition. The wood lap board has spots of that need repairs that are not included in this report because they are general maintenance. Interiors are in fair to very good condition with spot problems. See below description of identified capital issues. The assessor entered and viewed 100% of the unit interiors. SITE VISIT RD3 representative, Rob de Grasse, PE / PEng, PMP, LEED AP, CEM, CDSM, CxA, conducted the subject site assessment on Thursday, October 13, 2016. INTERVIEWS At the time of the site visit, the Assessor interviewed the complex HOA President conducted discussions with Mr. Chris Bendon and Mr. Bill Boehring. about any known issues at the property. LIMITATIONS OF STRUCTURE INSPECTION RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 3 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS This is a visual inspection limited in scope by (but not restricted to) the following conditions: • Structural components concealed behind finished surfaces could not be inspected. • Only a representative sampling of visible structural components were inspected. • Furniture and/or storage restricted access to some structural components. • Engineering or architectural services such as calculation of structural capacities, adequacy, or integrity are not part of a building inspection. LIMITATIONS OF ROOFING INSPECTION This is a visual inspection limited in scope by (but not restricted to) the following conditions: • Not all of the underside of the roof sheathing is inspected for evidence of leaks. • Evidence of prior leaks may be disguised by interior finishes. • Estimates of remaining roof life are approximations only and do not preclude the possibility of leakage. Leakage can develop at any time and may depend on rain intensity, wind direction, ice buildup, and other factors. • Antennae, chimney/flue interiors which are not readily accessible are not inspected and could require repair. • Roof inspection may be limited by access, condition, weather, or other safety concerns. LIMITATIONS OF EXTERIOR INSPECTION This is a visual inspection limited in scope by (but not restricted to) the following conditions: • A representative sample of exterior components was inspected rather than every occurrence of components. • The inspection does not include an assessment of geological, geotechnical, or hydrological conditions, or environmental hazards. • Screening, shutters, awnings, or similar seasonal accessories, fences, recreational facilities, outbuildings, seawalls, break walls, docks, erosion control and earth stabilization measures are not inspected unless specifically agreed-upon and documented in this report. LIMITATIONS OF ELECTRICAL INSPECTION This is a visual inspection limited in scope by (but not restricted to) the following conditions: • Electrical components concealed behind finished surfaces are not inspected. • Only a representative sampling of outlets and light fixtures were tested. • Furniture and/or storage restricted access to some electrical components which may not be inspected. • The inspection does not include remote control devices, alarm systems and components, low voltage wiring, systems, and components, ancillary wiring, systems, and other components which are not part of the primary electrical power distribution system. LIMITATIONS OF HEATING INSPECTION This is a visual inspection limited in scope by (but not restricted to) the following conditions: • The adequacy of heat supply or distribution balance is not inspected. • The interior of flues or chimneys which are not readily accessible are not inspected. • The furnace heat exchanger, humidifier, or dehumidifier, and electronic air filters are not inspected. • Solar space heating equipment/systems are not inspected. LIMITATIONS OF COOLING / HEAT PUMPS INSPECTION This is a visual inspection limited in scope by (but not restricted to) the following conditions: • Window mounted air conditioning units are not inspected. • The cooling supply adequacy or distribution balances are not inspected. LIMITATIONS OF INSULATION / VENTILATION INSPECTION RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 4 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS This is a visual inspection limited in scope by (but not restricted to) the following conditions: • Insulation/ventilation type and levels in concealed areas are not inspected. Insulation and vapor barriers are not disturbed and no destructive tests (such as cutting openings in walls to look for insulation) are performed. • Potentially hazardous materials such as Asbestos and Urea Formaldehyde Foam Insulation (UFFI) cannot be positively identified without a detailed inspection and laboratory analysis. This is beyond the scope of the inspection. • An analysis of indoor air quality is not part of our inspection unless explicitly contracted-for and discussed in this or a separate report. • Any estimates of insulation R values or depths are rough average values. LIMITATIONS OF PLUMBING INSPECTION This is a visual inspection limited in scope by (but not restricted to) the following conditions: • Portions of the plumbing system concealed by finishes and/or storage (below sinks, etc.), below the structure, or beneath the ground surface are not inspected. • Water quantity and water quality are not tested unless explicitly contracted-for and discussed in this or a separate report. • Clothes washing machine connections are not inspected. • Interiors of flues or chimneys which are not readily accessible are not inspected. • Water conditioning systems, solar water heaters, fire and lawn sprinkler systems, and private waste disposal systems are not inspected unless explicitly contracted-for and discussed in this or a separate report. LIMITATIONS OF INTERIOR INSPECTION This is a visual inspection limited in scope by (but not restricted to) the following conditions: • Furniture, storage, appliances and/or wall hangings are not moved to permit inspection and may block defects. • Carpeting, window treatments, central vacuum systems, building appliances, recreational facilities, paint, wallpaper, and other finish treatments are not inspected. LIMITATIONS OF MOLD INSPECTION This is a visual inspection limited in scope by (but not restricted to) the following conditions: • Materials concealed behind finished surfaces could not be inspected. LIMITATIONS OF ADA REVIEW This is a visual inspection only. The inspection was limited by (but not restricted to) the following conditions: • Limited review does not consist of a full American with Disabilities Act inspection. LIMITATIONS OF FIRE PROTECTION INSPECTION This is a visual inspection limited in scope by (but not restricted to) the following conditions: • No equipment operated or tested. Sincerely, Robert de Grasse President cc. Bill Boehring RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 5 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS SUMMARY OF PHYSICAL NEEDS Site / Landscaping The landscaping is in fair to good condition no areas that need to be addressed other than regular landscape maintenance. The sidewalks stairs are 4" x 4" wood timber structure which are deteriorated and due for replacement. Building Exteriors The building exteriors are good condition with the exception of the wood lap board, its associated caulking / sealing between the brick and other dissimilar adjacent materials. There are signs of water damage to the trim and transitional strips at the bottom of or transition of the wood lap board to other surfaces. Any repairs should be coordinated to be at the same time or after the painting project(s). Structure / Foundation No visible problems with the foundations. The roof joists that are exposed on the exterior of the building are 'twisting'. It is recommended that the condition is study by a structural engineer to determine any action required. Roofing The single ply roofing systems has numerous deficiencies that need to be addressed. A pool of funds was allocated for the various repairs / corrections but the Owner should assess whether a full replacement is a prudent corrective measure (cost, useful life, etc.) Gutters & Downspouts The roofing gutters need to be put on a regular cleaning maintenance cycle. We were informed that they were already being cleaned twice a year. the cleaning of the gutters needs to include the clean out of the downspouts (several were observed to be blocked). Roadways and Sidewalks The sidewalks themselves are in good condition. the stairs leading from the parking lot to the sidewalks are past their useful life and need to be replaced. One set of stairs area potential trip hazard. HVAC / Mechanical No issues were observed at the time of the assessment for the HVAC / mechanical / plumbing systems. Electrical No electrical issues were observed. All receptacles tested were wired properly and GFCI functional. Interiors The Assessor conducted an interior inspection of 100% of the apartment units and common area spaces. The majority of the units were tidy / clean and in good condition with few to no capital issues of note. Many of the units have had their interiors upgraded (i.e., flooring, kitchens, appliances, etc.). Two of the units converted their two (2) bedrooms into one (1) larger bedroom suites. The identified capital issues were items that would typically be handled at the turn of the units or by regular maintenance. Therefore it is assumed that any interior needs will be handled during the units' next turn; there is not an interiors replacement program added to the capital plan. There are minor costs allocated for the identified repairs that are shown in the cost tables under year 1 "Units". OVERALL COST SUMMARY PLANNING HORIZON COST SUMMARY TABLE 0 1 2 3 4 5 SITE $0 $10,180 $0 $0 $0 $0 $10,180 PLUMBING $0 $0 $0 $0 $0 $0 $0 BUILDING ENVELOPE $0 $29,300 $0 $0 $0 $0 $29,300 UNIT COST $0 $2,750 $0 $0 $0 $0 $2,750 Total $0 $42,230 $0 $0 $0 $0 $42,230 The above summary cost table shows the main system roll up costs that were identified during the site visits. RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 6 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS The total unit related costs are shown in the table in year 1. A details cost table can be found between the individual capital needs that follow and the Unit-by-Unit Inspection section. RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 7 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS SITE PHOTOS & IDENTIFIED CAPITAL NEEDS RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 8 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Location: Aspen Hill Condos - CapEx-00373 - SITE - Site Signage Location: Aspen Hill Condos - CapEx-00374 - SITE - General Pictures SITE Description:Identified on:Oct 13, 2016 Submitted by: Robert de Grasse Description:Identified on:Oct 13, 2016 RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 9 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Submitted by: Robert de Grasse RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 10 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS A few of the treads have deteriorated to a point where it is a potential trip hazard 60' of low retaining wall 50' of 3' high retaining wall Location: Aspen Hill Condos - CapEx-00376 - SITE - Sidewalks 4: RoutineYear: 1 Fair Location: Aspen Hill Condos - CapEx-00375 - SITE - Retaining Walls 4: RoutineYear: 1 Poor Description: Would tread stairs are passed 75% of useful life. Recommend replacement. RS MEANS. Structural concrete, in place, stairs (3500 psi), 3'-6" wide, free standing, includes forms(4 uses), Grade 60 rebar, concrete (Portland cement Type I), placing and finishing, excludes safety treads - $40.87/LF Nose Identified on:Oct 13, 2016 Category Asset Integrity Cost $1,720.00 Submitted by: Robert de Grasse Description: Replace Retaining wall. RS MEANS. Selective demolition, retaining walls, concrete retaining wall, 6' high, excludes reinforcing - $13.98/LF. Retaining wall fastening, timber, 6" x 6" - $6.26/LF. Retaining walls, timber, 6" x 6" - Retaining wall accessories, gravel backfill, place and spread by hand - 37.31/CY. Identified on:Oct 13, 2016 Category Asset Integrity Cost $8,460.00 Submitted by: Robert de Grasse RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 11 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Additional pictures Location: Aspen Hill Condos - CapEx-00378 - SITE - Fencing 4: Routine Location: Aspen Hill Condos - CapEx-00377 - SITE - Fencing 4: RoutineYear: 1 Fair Description: Fencing is not owned by the Aspen Hill Condos. Therefore no budget is allocated for the identified deficiencies.Identified on:Oct 13, 2016 Submitted by: Robert de Grasse Description: Fencing is not owned by the Aspen Hill Condos. Therefore no budget is allocated for the identified deficiencies.Identified on:Oct 13, 2016 Category Asset Integrity RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 12 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Submitted by: Robert de Grasse RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 13 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Location: Aspen Hill Condos - CapEx-00385 - BUILDING ENVELOPE - Roof 4: RoutineYear: 1 Poor General Roof picture Improper patch work of hole in membrane. This should be a proper patch per the manufacturer's recommended best practices, and most manufacturer's guidelines, with a minimum of 4" of patch sealing around the hole. BUILDING ENVELOPE Description: Single ply fully adhered roofing membrane over insulated deck. Although the existing owner's Representative indicated that the roof is relatively recently installed, the roof has a number of issues that must be noted and corrected to allow its proper useful life to be achieved. A pool of repair funds has been allocated for the corrective measure. It is recommended that a cost benefit analysis between the cost of repairs vs. the replacement cost be conducted to ensure the most appropriate and best long-term use life decision. The roof is approximately 47 Squares. Identified on:Oct 21, 2016 Category Asset Integrity Cost $15,000.00 RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 14 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Numerous holes found in the roofing membrane. This is a sample picture. Hey number of the roof deck fasteners have punctured through the roofing membrane causing damage / holes. Either the wrong fasteners were used or improperly installed. HeyThe installing contractoir left "Sharps" [pebble or other sharp objects] under the roofing membrane at the time of installation and has caused a punctures / holes. Patch materials for newer smokestack is suspect as not being per the manufacturer's specifications. Likely not appropriate patch material used. The rate of deterioration (cracking, etc.) of the patch materials will result in early failure. Patch materials on the field of the roof is suspect as not being per the manufacturer's specifications. Likely not appropriate patch material used. The rate of deterioration (cracking, etc.) of the patch materials will result in early failure. Gutters overflowing with leaves and debris. Downspouts were observed to be fully clogged. It is the assessor's opinion that the overflow of the gutters has caused the roof truss / structure twisting / distortion issues reported in the report. Correcting the overflow issue will stop further structure issues. RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 15 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Severe bubbling of seams in the roofing system. This is due to causes: leaking seams, bubbling not corrected at time of installation, etc. It is recommended that all bubbling, in particular under the seams / joints, be corrected. Patch materials on the field of the roof is suspect as not being per the manufacturer's specifications. Likely not appropriate patch material used. The rate of deterioration (cracking, etc.) of the patch materials will result in early failure. Patch materials used on the repairs to teh skylights are suspect as not being per the manufacturer's specifications. Likely not appropriate patch material used. The rate of deterioration (cracking, etc.) of the patch materials will result in early failure. Location: Aspen Hill Condos - CapEx-00381 - BUILDING ENVELOPE - Roof Drainage 4: RoutineYear: 1 Repair/Replace Submitted by: Robert de Grasse Description: A number of the roof downspouts are not directing the rain water away from the building structure, foundation and deck structure. recommend correcting to reduce water related damage / deterioration. Identified on:Oct 13, 2016 Category Asset Integrity Cost $800.00 RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 16 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Extend to direct away building foundation.Extend to direct away from deck foundation and columns. Example of properly diverted roof drainage water away from building Downspout on south side of building runs into window well. Correct to have roof water runoff diverted away from building structure. Downspout on south east corner of building butts up against wooden fence with no free flow drainage capability Location: Aspen Hill Condos - CapEx-00386 - BUILDING ENVELOPE - Windows 3: ExpeditedYear: 0 Repair/Replace Submitted by: Robert de Grasse Description: New owners to investigate the requirements for added Egress from lower / sub-grade unit windows. This is not a current capital deficiency therefore no cost is included in the capital budget.Identified on:Oct 13, 2016 Category Safety / Code RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 17 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Sample picture of surface condition.Sample picture of surface condition.Sample picture of surface condition. Location: Aspen Hill Condos - CapEx-00382 - BUILDING ENVELOPE - Decks with railings 4: RoutineYear: 1 Repair/Replace Submitted by: Robert de Grasse Description: Decks and deck railings. The decks have deferred maintenance (painting and minor repairs). recommend that all deck damage (railings - snow related), minor wood damage, and railing securing be completed and thereafter the entire wood deck structure be prepped and refinished / painted. ~2500 SF / 30 LF. RS MEANS. Porch / decking framing, treated lumber, posts and columns, 4"x4" - $3.48/LF Wood surface preparation, exterior, scrape and sand, heavy - $1.02/sf. Paints & Coatings, wood, prime + 1 Coat - $1.25/SF. Identified on:Oct 13, 2016 Category Asset Integrity Cost $11,500.00 RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 18 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Moisture is not extensive. Damage to railing likely due to snow fall off of the roof Damage to railing likely due to snow fall off of the roof Sample picture of surface condition. Location: Aspen Hill Condos - CapEx-00379 - BUILDING ENVELOPE - Structure 3: ExpeditedYear: 1 Poor Submitted by: Robert de Grasse Description: The exposed roof structural members of the beginning the signs of water damage / wood rot at the top of some of the structural members and other structural members are twisted/distorted. Recommend that the gutter overflowing water be corrected immediately (assessor's opinion of the source of the problem). It is recommended that an assessment by a structural engineer be conducted. A suggested correction is to add a structural member running between each of the existing members (~1' under the soffit) to create a structural space frame between all members and stop further twisting. The only cost in this capital plan is for a structural engineer assessment. Identified on:Oct 21, 2016 Category Asset Integrity Cost $2,000.00 RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 19 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Sample picture of structural roof member twisting Sample picture - the weight of the bike is not causing of distortion ;-) Sample picture. Note that the wood siding is cracked due to the structural man for twist Start of water infiltration the top of structural member Evidence of water damage evidence of water damage Evidence of the beginning of water damage on the top of the structural member RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 20 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Submitted by: Robert de Grasse RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 21 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Location: Aspen Hill Condos - CapEx-00384 - PLUMBING - Water Service Good Location: Aspen Hill Condos - CapEx-00383 - PLUMBING - DHW Systems - Water Heaters (Central)Excellent PLUMBING Description:Identified on:Oct 13, 2016 Submitted by: Robert de Grasse Description: Newly installed (no more than a couple years old)Identified on:Oct 13, 2016 Category Asset Integrity RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 22 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 23 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Submitted by: Robert de Grasse CATEGORY COST TABLE OVERALL COST SUMMARY Safety / Code Asset Integrity Accessibility Cost Reduction Enhancement SITE $0 $10,180 $0 $0 $0 $10,180 Site Signage $0 $0 $0 $0 $0 $0 General Pictures $0 $0 $0 $0 $0 $0 Sidewalks $0 $1,720 $0 $0 $0 $1,720 Fencing $0 $0 $0 $0 $0 $0 Retaining Walls $0 $8,460 $0 $0 $0 $8,460 PLUMBING $0 $0 $0 $0 $0 $0 DHW Systems - Water Heaters (Central)$0 $0 $0 $0 $0 $0 Water Service $0 $0 $0 $0 $0 $0 BUILDING ENVELOPE $0 $29,300 $0 $0 $0 $29,300 Roof Drainage $0 $800 $0 $0 $0 $800 Windows $0 $0 $0 $0 $0 $0 Decks with railings $0 $11,500 $0 $0 $0 $11,500 Structure $0 $2,000 $0 $0 $0 $2,000 Roof $0 $15,000 $0 $0 $0 $15,000 Total $0 $39,480 $0 $0 $0 $39,480 RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 24 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS OVERALL COST SUMMARY 0 1 2 3 4 5 SITE $0 $10,180 $0 $0 $0 $0 $10,180 Site Signage $0 $0 $0 $0 $0 $0 $0 General Pictures $0 $0 $0 $0 $0 $0 $0 Sidewalks $0 $1,720 $0 $0 $0 $0 $1,720 Fencing $0 $0 $0 $0 $0 $0 $0 Retaining Walls $0 $8,460 $0 $0 $0 $0 $8,460 PLUMBING $0 $0 $0 $0 $0 $0 $0 DHW Systems - Water Heaters (Central)$0 $0 $0 $0 $0 $0 $0 Water Service $0 $0 $0 $0 $0 $0 $0 BUILDING ENVELOPE $0 $29,300 $0 $0 $0 $0 $29,300 Roof Drainage $0 $800 $0 $0 $0 $0 $800 Windows $0 $0 $0 $0 $0 $0 $0 Decks with railings $0 $11,500 $0 $0 $0 $0 $11,500 Structure $0 $2,000 $0 $0 $0 $0 $2,000 Roof $0 $15,000 $0 $0 $0 $0 $15,000 Total $0 $39,480 $0 $0 $0 $0 $39,480 RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 25 of 52 PLANNING HORIZON COST TABLE PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS UNIT-BY-UNIT INSPECTION RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 26 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS UNIT-BY-UNIT INSPECTION Conditions:N = NEW G = GOOD F = FAIR Rc = REPLACE Rr = REPAIR Apartment Number 331 332 333 334 335 336 337 337 338 Floor Plan # of Bedrooms 1 2 2 2 2 1 2 2 2 # of Bathrooms 1 1 1 1 1 1 1 1 1 Occupied / Vacant / No Entry O O O O O O O O O Wall G G G G G G G G G Floor N G F N N N N G G Ceiling G G G G G G G G G Light G G G G G G G G G Sink G G G G G G N G G Faucet N G G G G G N G G Garbage Disposal G G G G G G G G G Diswasher N G G G N G N G N Refrigerator N G G G N N N G N Stove N G G G N N N G N Microwave G G G G G G G G G Cabinets N N F G N N N G F Countertops N G G G G N G G G Doors G G G G G G G G G HVAC G G G G G G G G G Water Heater G G G G G G G G G Water Heater Pan G G G G G G G G G Walls G F G G G G G G G Blinds G G G G G G G G G Ceiling G G G G G G G G G Flooring G G F N G G G G G Entry Way Tile G G G G G G G G G Light G G G G G G G G G Faucet G G G G G G G G G Patio / Balcony G G G G G G G G G Patio Door / Glass Door G G G G G G G G G Entry / Exterior Door G G G G G G G G G Ceiling Fans G G G G G G G G G Fireplace G G G G G G G G G Washer G G G G G G G G G Dryer G G G G G G G G G Sink N G G G G N N G G Faucet N G G G G N N G G Mirror G G G G G N N G G Exhaust / Venting G G G G G G N G G Walls G G G G G N G G G Ceiling G G G G G N G G G Tub / Shower N G G G G N N G G Tub / Shower Faucet G Rr G G G N N G G Tub/Shower - Tile/Surround G Rr Rr G N N G G Rr Lighting Fixture G G G G G G N G G Cabinets N F G G G N N G NKitchenCommon AreasBathroom 1RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 27 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Countertops G G G G G G G G G Flooring N F Rr Rr G N N G Rr Toilet G G G G G N G G G Doors G G G G G G N G G Walls G F G G G N G G G Closet Doors G G G G G N G G G Flooring G F Rr G G N N G G Ceiling G G G G G N G G G Windows G G G G G G G G G Blinds G G G G G G N G G Doors G G G G G N G G G Light / Ceiling Fan G G G G G G G G G Walls G F G G G G G G G Closet Doors G G G G G G G G G Flooring G F Rr G G G G G G Ceiling G G G G G G G G G Windows G G G G G G G G G Blinds G G G G G G G G G Doors G G G G G G G G G Light / Ceiling Fan G G G G G G G G G Number of Dogs Number of Cats Other Pets? Pest Control Issues Moisture Concern # of Sprinkler Heads w/paint on glass Unit Inspection Report # Apartment Number 331 332 333 334 335 336 337 337 338 Floor Plan # of Bedrooms 1 2 2 2 2 1 2 2 2 # of Bathrooms 1 1 1 1 1 1 1 1 1 Occupied / Vacant / No Entry O O O O O O O O O Wall Floor Ceiling Light Sink Faucet Garbage Disposal Diswasher Refrigerator Stove Microwave Cabinets Countertops Doors HVACBedroom 1Bedroom 2OtherUI-00128UI-00121UI-00127UI-00122UI-00124UI-00123UI-00126UI-00125UI-00129KitchenRD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 28 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Water Heater Water Heater Pan Walls Blinds Ceiling Flooring Entry Way Tile Light Faucet Patio / Balcony Patio Door / Glass Door Entry / Exterior Door Ceiling Fans Fireplace Washer Dryer Sink Faucet Mirror Exhaust / Venting Walls Ceiling Tub / Shower Tub / Shower Faucet Tub/Shower - Tile/Surround 400 400 400 Lighting Fixture Cabinets Countertops Flooring 400 400 400 Toilet Doors Walls Closet Doors Flooring 350 Ceiling Windows Blinds Doors Light / Ceiling Fan Pest Control Issues Moisture Concern Repair Costs $0 $400 $1,150 $400 $0 $0 $0 $0 $800 Replacement Costs $0 $0 $0 $0 $0 $0 $0 $0 $0 TOTAL UNIT COST $0 $400 $1,150 $400 $0 $0 $0 $0 $800Common AreasBathroom 1Bedroom 1OtherRD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 29 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS NEW GOOD FAIR REPAIR REPLACE REPAIR $ REPLACE $ TOTAL $ Wall Floor 5 1 Ceiling Light Sink 1 Faucet 2 Garbage Disposal Diswasher 4 Refrigerator 5 Stove 5 Microwave Cabinets 5 2 Countertops 2 Doors HVAC Water Heater Water Heater Pan Walls 1 Blinds Ceiling Flooring 1 1 Entry Way Tile Light Faucet Patio / Balcony Patio Door / Glass Door Entry / Exterior Door Ceiling Fans Fireplace Washer Dryer Sink 3 Faucet 3 Mirror 2 Exhaust / Venting 1 Walls 1 Ceiling 1 Tub / Shower 3 Tub / Shower Faucet 2 1 Tub/Shower - Tile/Surround 2 3 $1,200 $1,200 Lighting Fixture 1 Cabinets 4 1 Countertops Flooring 3 1 3 $1,200 $1,200 Toilet 1 Doors 1 Walls 1 1 Closet Doors 1 Flooring 2 1 1 $350 $350KitchenCommon AreasBathroom 1Bedroom 1RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 30 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Ceiling 1 Windows Blinds 1 Doors 1 Light / Ceiling Fan Walls 1 Closet Doors Flooring 1 1 Ceiling Windows Blinds Doors Light / Ceiling Fan Number of Dogs Number of Cats Other Pets? Pest Control Issues Moisture Concern # of Sprinkler Heads w/paint on glass 65 0 11 9 0 $2,750 $0 $2,750 76%0%13%11%0%Bedroom 1Bedroom 2OtherRD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 31 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS APARTMENT NUMBER 331 APARTMENT NUMBER 332 UI-00128 UNIT PHOTOS & COMMENTS Submitted by: Robert de Grasse RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 32 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Area: Common Areas RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 33 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS APARTMENT NUMBER 333 UI-00121 Area: Bathroom 1 Area: Bedroom 2 Submitted by: Robert de Grasse RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 34 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS APARTMENT NUMBER 334 UI-00127 Area: Kitchen Submitted by: Robert de Grasse RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 35 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Ceiling two skylights Stair treads need replacement Area: Common Areas Area: Bathroom 1 5 years old Minor repairs lower level next to the washer and dryer RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 36 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS APARTMENT NUMBER 335 UI-00122 Area: Kitchen older cast-iron tub Submitted by: Robert de Grasse RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 37 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS APARTMENT NUMBER 336 UI-00124 Area: Bedroom 1 Area: Bedroom 2 Area: Common Areas Submitted by: Robert de Grasse RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 38 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Area: Common Areas RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 39 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS APARTMENT NUMBER 337 UI-00123 Area: Common Areas Wall / window unit in LR No access at specified time Submitted by: Robert de Grasse RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 40 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS APARTMENT NUMBER 338 UI-00125 Area: Bedroom 1 Area: Bedroom 2 Area: Bathroom 1 Submitted by: Robert de Grasse RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 41 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 42 of 52 PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS Area: Kitchen Submitted by: Robert de Grasse RD3-005 - Aspen Hill Condos Created: 10/21/2016 Page 43 of 52 REPLACEMENT RESERVE ANALYSIS PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS RD3-005 - Aspen Hill Condos Created: 11/01/2016 Page 44 of 52 REPLACEMENT RESERVE ANALYSIS Purpose The purpose of this Replacement Reserve Analysis is to provide Aspen Hill Condos with an inventory of the common community facilities and infrastructure components that require periodic replacement; not already included in the Physical Needs Assessment (PNA) / Property Condition Assessment (PCA). The replacement reserve is a fund kept by each housing sponsor / owner under the terms of its operating agreement. The reserve is used to replace or repair what are known as capital items. The replacement reserve is funded from a sponsor’s operating budget through an annual or monthly transfer to the reserve. The amount to be transferred, which is an eligible operating expense, is the amount set out in the operating agreement or otherwise approved. The replacement reserve identifies and estimates the when and the cost of capital items over the planning horizon. Capital items typically have long term life spans that are often missed or omitted in the annual planning and operating budget cycles. Capital items generally have an expected useful lifespan that will vary according to quality and project conditions. The useful life of capital items comes to an end when the cost of repairs or maintenance is no longer worthwhile because they will not extend the useful life by a reasonable length of time. Major repairs or renovations, the benefits of which extend beyond the current fiscal period and cannot easily be paid for out of annual operating budgets, can also be considered as capital items (i.e., major capital components, major building services, basic facilities, safety features, and others). Examples of these kinds of repairs are major roof repairs or window caulking of high-rise projects where extensive scaffolding must be erected. Basis of Assessment The data contained in this Replacement Reserve Assessment is based upon the following: • The Request for Proposal submitted and executed by the City of Aspen. • RD3's visual evaluation and measurements on September 13, 2016. RD3's assessor has visually inspected the common elements of the property in order to ascertain the remaining useful life, replacement timeframe, and estimated replacement costs of these components. Engineering Drawings No architectural or engineering drawings or site plans were available for review in connection with this study. We recommend the the Ownership assemble a library of site and building plans of the entire building. Reproducible drawings should be stored/kept in a secure fireproof location. The Ownership will find these drawings to be a valuable resource in planning and executing future projects. CASH FLOW METHOD The CASH FLOW METHOD minimum annual funding of replacement reserves was the approach used for the analysis. The Cash Flow Method (CFM) calculates Minimum Annual Funding of Replacement Reserves that will fund Projected Replacements identified in the Replacement Reserve Inventory from a common pool of Replacement Reserves and prevent Replacement Reserves from dropping below a Minimum Recommended Balance. CFM - The Minimum Annual Funding remains remains constant at $9,520 / Year throughout the entire 30-year Analysis Period. Study Period The Replacement Reserve Analysis evaluates the funding of Replacement Reserves over a 30-year Analysis Period that begins on October 1, 2016. Beginning Balance A $0.00 beginning balance was assumed due to the pending acquisition. ADJUSTMENTS AND INFLATION The short term consequences of 2.25% inflation and no constant annual increase in Reserve funding on the Cash Flow Method. Other calculations in this Analysis do not account for inflation or a constant annual increase. The calculations in this Analysis do not account for interest earned on Replacement Reserves. PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS RD3-005 - Aspen Hill Condos Created: 11/01/2016 Page 45 of 52 PROJECTED REPLACEMENTS The Aspen Hills Replacement Reserve Inventory identifies 32 Projected Replacements with a one-time Replacement Cost of $262,917 and replacements totaling $186,990 in the 30-year Study Period. Projected Replacements are the replacement of commonly-owned items that: require periodic replacement and whose replacement is to be funded from Replacement Reserves. The accuracy of the Aspen Hills Replacement Reserve Analysis is dependent upon expenditures from Replacement Reserves being made ONLY for the 32 Projected Replacements specifically listed in the Replacement Reserve Inventory. The Cash Flow Method (also referred to as the Straight Line Method) is founded on the concept that the Replacement Reserve Account is solvent if cumulative receipts always exceed cumulative expenses. The Cash Flow Method calculates a MINIMUM annual deposit to Replacement Reserves that will: - Fund all Projected Replacements listed in the Replacement Reserve Inventory - Prevent Replacement Reserves from dropping below a minimum recommended balance (lowest reserve balance) - Allow a constant annual funding level between peaks in cumulative expenditures PHYSICAL NEEDS ASSESSMENT - ASPEN HILL CONDOS RD3-005 - Aspen Hill Condos Created: 11/01/2016 Page 46 of 52 ASPEN HILL Condos 30 Year Replacement Schedule (Blue cells allow data input) Inflation Rate:2.25%102%1.04550625 1.069030141 1.093083319 1.117677693 1.142825442 1.168539014 1.194831142 1.221714843 1.249203426 1.277310504 1.30604999 1.335436115 1.365483427 Reserve Account Growth Rate:0.08% Total Number of Units 8 Total Useful Units Total Unit Life Schedule Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 11 Yr 12 Yr 13 Yr 14 Replacement Item Items Cost (Yrs)Replaced PROJECT INTERIOR Dishwasher Units 8 15 8 Dishwasher Costs 350 - - - - - - - - - - - - - - Dryer Units 15 12 4 Dryer Costs 400 1,636 - - - - - - - - - - - - - Washer Units 15 12 4 Washer Costs 450 1,841 - - - - - - - - - - - - - Garbage Disposal Units 8 12 8 8 Garbage Disposal Costs 45 - - - - - - - - - - - 470 - - Microwave Units 8 12 8 8 Microwave Costs 175 - - - - - - - - - - - 1,828 - - Range Units 8 20 8 Range Costs 350 - - - - - - - - - - - - - - Range Hood Units 8 20 8 Range Hood Costs 250 - - - - - - - - - - - - - - Refrigerator Units 8 20 8 Refrigerator Costs 500 - - - - - - - - - - - - - - Water Heater Units 0 15 8 Water Heater Costs - - - - - - - - - - - - - - Carpet Units 8 10 8 8 Carpet Costs 1500 - - - - - - - - - 14,990 - - - - Bath Cabinets Units 8 30 2 2 Bath Cabinets Costs 350 - - - - - - - - - - - 914 - - Bath Countertops Units 8 20 8 2 Bath Countertops Costs 100 - - - - - - - - - - - 261 - - Kitchen Countertops Units 8 15 6 Kitchen Countertops Costs 1200 - - - - - - - - - - - - - - Kitchen Cabinets Units 8 30 2 2 Kitchen Cabinets Costs 2850 - - - - - - - - - 7,120 - - - - Bath/Kitchen-Faucets Units 8 20 8 2 Bath/Kitchen-Faucets Costs 75 - - - - - - - - - 187 - - - - Shower/Tub Units 8 25 8 2 Shower/Tub Costs 200 - - - - - - - - - 500 - - - - Sink - Bath Units 8 20 8 2 Sink - Bath Costs 75 - - - - - - - - - 187 - - - - Sink - Kitchen Units 8 20 8 2 Sink - Kitchen Costs 100 - - - - - - - - - 250 - - - - Toilet Units 8 25 8 2 Toilet Costs 175 - - - - - - - - - 437 - - - - Exhaust Fan Units 8 10 24 8 Exhaust Fan Costs 100 - - - - - - - - - 999 - - - - Smoke Detector Units 16 25 16 Smoke Detector Costs 65 - - - - - - - - - - - - - - Painting Units 5 40 4 4 4 4 4 Painting Costs 850 - 3,555 - - 3,800 - - 4,062 - - 4,343 - - 4,643 Closet Doors Units 8 30 8 Closet Doors Costs - - - - - - - - - - - - - - Exterior Doors Units 8 20 14 2 2 2 Exterior Doors Costs 225 - - - 492 - - - 538 - - - 588 - - Interior Doors Units 20 18 2 2 2 2 Interior Doors Costs 80 - - 171 - - 183 - - 195 - - 209 - - Total Project Interior 3,477$ 3,555$ 171$ 492$ 3,800$ 183$ -$ 4,600$ 195$ 24,672$ 4,343$ 4,271$ -$ 4,643$ PROJECT EXTERIOR Painting Units 1 8 4 1 1 Painting Costs 7500 - - 8,018 - - - - - - - 9,580 - - - Roofing 1 25 1 1 Roofing Costs 18800 - - - - - - - - - - - 24,554 - - Inflation Rate:2.25%102%1.04550625 1.069030141 1.093083319 1.117677693 1.142825442 1.168539014 1.194831142 1.221714843 1.249203426 1.277310504 1.30604999 1.335436115 1.365483427 Reserve Account Growth Rate:0.08% Total Number of Units 8 Total Useful Units Total Unit Life Schedule Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 11 Yr 12 Yr 13 Yr 14 Replacement Item Items Cost (Yrs)Replaced Windows Units 24 25 12 4 Wiindows Costs 600 - - - - 2,682 - - - - - - - - - Deck Units 1 20 1 Deck Costs 15000 - - - - - - - - - - - - - - Landscaping 1 15 1 1 Landscaping Costs 6000 - - - - - - - - - - - 7,836 - - Concrete Walks 2 20 2 Concrete Walks Costs 4500 - - - - - - - - - - - - - - AC Paving 1 25 1 1 AC Paving Costs 4000 - - - - - - - 4,779 - - - - - - Total Project Exterior -$ -$ 8,018$ -$ 2,682$ -$ -$ 4,779$ -$ -$ 9,580$ 32,390$ -$ -$ TOTAL PROJECT COSTS 3,477$ 3,555$ 8,189$ 492$ 6,483$ 183$ -$ 9,379$ 195$ 24,672$ 13,923$ 36,661$ -$ 4,643$ Reserve for Replacement Annual Deposit Annual Deposit/Balance 8 $1,190 $9,520 $9,520 $15,564 $21,589 $23,041 $32,204 $35,469 $45,065 $54,941 $55,536 $65,320 $50,727 $46,736 $19,967 $29,592 Replacements Required ($3,477)($3,555)($8,189)($492)($6,483)($183)$0 ($9,379)($195)($24,672)($13,923)($36,661)$0 ($4,643) Interest on Reserve 1.0%$60 $121 $135 $227 $259 $355 $454 $460 $558 $412 $372 $104 $201 Reserve Cummulative Balance $6,044 $12,069 $13,521 $22,684 $25,949 $35,545 $45,421 $46,016 $55,800 $41,207 $37,216 $10,447 $20,072 $25,150 ASPEN HILL Condos 30 Year Replacement Schedule (Blue cells allow data input) Inflation Rate: Reserve Account Growth Rate: Total Number of Units Replacement Item Dishwasher Units Dishwasher Costs Dryer Units Dryer Costs Washer Units Washer Costs Garbage Disposal Units Garbage Disposal Costs Microwave Units Microwave Costs Range Units Range Costs Range Hood Units Range Hood Costs Refrigerator Units Refrigerator Costs Water Heater Units Water Heater Costs Carpet Units Carpet Costs Bath Cabinets Units Bath Cabinets Costs Bath Countertops Units Bath Countertops Costs Kitchen Countertops Units Kitchen Countertops Costs Kitchen Cabinets Units Kitchen Cabinets Costs Bath/Kitchen-Faucets Units Bath/Kitchen-Faucets Costs Shower/Tub Units Shower/Tub Costs Sink - Bath Units Sink - Bath Costs Sink - Kitchen Units Sink - Kitchen Costs Toilet Units Toilet Costs Exhaust Fan Units Exhaust Fan Costs Smoke Detector Units Smoke Detector Costs Painting Units Painting Costs Closet Doors Units Closet Doors Costs Exterior Doors Units Exterior Doors Costs Interior Doors Units Interior Doors Costs Total Project Interior Painting Units Painting Costs Roofing Roofing Costs 1.396206804 1.427621457 1.45974294 1.492587156 1.526170367 1.560509201 1.595620658 1.631522122 1.66823137 1.705766576 1.744146324 1.783389616 1.823515883 1.86454499 1.906497252 1.949393441 Yr 15 Yr 16 Yr 17 Yr 18 Yr 19 Yr 20 Yr 21 Yr 22 Yr 23 Yr 24 Yr 25 Yr 26 Yr 27 Yr 28 Yr 29 Yr 30 8 3,909 - - - - - - - - - - - - - - - 8 4,468 - - - - - - - - - - - - - - - 8 5,026 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 8 - - - 4,179 - - - - - - - - - - - - 8 - - - - - 3,121 - - - - - - - - - - 8 - - - - - 6,242 - - - - - - - - - - 8 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 6 - - - - - 936 - - - - - - - - - - 6 10,053 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 6 - - - - - 702 - - - - - - - - - - 6 - - - - - 1,873 - - - - - - - - - - 6 - - - - - 702 - - - - - - - - - - 6 - - - - - 936 - - - - - - - - - - 6 - - - - - - - - - - 1,831 - - - - - 8 8 - - - - - 1,248 - - - - - - - - - 1,560 16 - - - - - - - - - - 1,814 - - - - - 4 4 4 4 4 - - 4,963 - - 5,306 - - 5,672 - - 6,064 - - 6,482 - 8 - - - - - - - - - - - - - - - - 2 2 2 2 - 642 - - - 702 - - - 768 - - - 839 - - 2 2 2 2 2 223 - - 239 - - 255 - - 273 - - - 298 - - 23,680$ 642$ 4,963$ 4,418$ -$ 21,769$ 255$ -$ 5,672$ 1,041$ 3,645$ 6,064$ -$ 1,137$ 6,482$ 1,560$ 1 1 - - - - 11,446 - - - - - - - 13,676 - - - - - - - - - - - - - - - - - - - Inflation Rate: Reserve Account Growth Rate: Total Number of Units Replacement Item Windows Units Wiindows Costs Deck Units Deck Costs Landscaping Landscaping Costs Concrete Walks Concrete Walks Costs AC Paving AC Paving Costs Total Project Exterior TOTAL PROJECT COSTS Reserve for Replacement Annual Deposit/Balance Replacements Required Interest on Reserve Reserve Cummulative Balance 1.396206804 1.427621457 1.45974294 1.492587156 1.526170367 1.560509201 1.595620658 1.631522122 1.66823137 1.705766576 1.744146324 1.783389616 1.823515883 1.86454499 1.906497252 1.949393441 Yr 15 Yr 16 Yr 17 Yr 18 Yr 19 Yr 20 Yr 21 Yr 22 Yr 23 Yr 24 Yr 25 Yr 26 Yr 27 Yr 28 Yr 29 Yr 30 4 4 - 3,426 - - - - - - - - - 4,280 - - - - 1 - - 21,896 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2 - - - - - - - - 15,014 - - - - - - - - - - - - - - - - - - - - - - - -$ 3,426$ 21,896$ -$ 11,446$ -$ -$ -$ 15,014$ -$ -$ 4,280$ 13,676$ -$ -$ -$ 23,680$ 4,069$ 26,859$ 4,418$ 11,446$ 21,769$ 255$ -$ 20,686$ 1,041$ 3,645$ 10,344$ 13,676$ 1,137$ 6,482$ 1,560$ $34,670 $20,762 $26,325 $9,154 $14,252 $12,373 $153 $9,324 $18,842 $7,769 $16,231 $22,173 $21,476 $17,439 $25,901 $29,103 ($23,680)($4,069)($26,859)($4,418)($11,446)($21,769)($255)$0 ($20,686)($1,041)($3,645)($10,344)($13,676)($1,137)($6,482)($1,560) $251 $112 $168 ($4)$47 $29 ($94)($2)$93 ($18)$67 $127 $120 $79 $164 $196 $11,242 $16,805 ($366)$4,732 $2,853 ($9,367)($196)$9,322 ($1,751)$6,711 $12,653 $11,956 $7,919 $16,381 $19,583 $27,739 ($60,000) ($40,000) ($20,000) $0 $20,000 $40,000 $60,000 $80,000 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 11 Yr 12 Yr 13 Yr 14 Yr 15 Yr 16 Yr 17 Yr 18 Yr 19 Yr 20 Yr 21 Yr 22 Yr 23 Yr 24 Yr 25 Yr 26 Yr 27 Yr 28 Yr 29 Yr 30 Replacement Reserve Cash Flow Annual Deposit/Balance Replacements Required Interest on Reserve Reserve Cummulative Balance October 24, 2016 Mr. Justin Barker, AICP Senior Planner City of Aspen 130 So. Galena St. Aspen, Colorado 81611 RE: Aspen Hills Affordable Housing 331-338 Midland Avenue Mr. Barker: Please accept this application to convert this existing eight-unit free-market residential building into local affordable housing and the creation of Certificates of Affordable Housing Credit. The Aspen Hills Condominiums is an existing eight-unit residential building located in the Smuggler neighborhood along Midland Avenue. It is addressed as 331-338 Midland Avenue. The building was constructed in 1965 with all two-bedroom units and condominiumized in 1969. The 15,160 s.f. property is located in the RMF Zone District. The building is not on the City of Aspen Inventory of Historic Landmark Sites and Structures. Although free-market, the units have served a local population as either owner-occupied or rental units. It is exactly these types of units that slowly drift out of the local housing inventory as property values increase and employees are priced-out. This application utilizes the City’s award-winning Credits program to intervene and permanently secure these units as employee housing. WEB2 Capital, LLC, is the contract purchaser of all eight units and has been granted authority to submit this application by the owners and by the Aspen Hills Condominiums homeowner’s association. Bill Boehringer is the Chief Executive Officer of WEB2 Capital LLC, a Colorado limited liability company, and has authorized BendonAdams to represent his interests. This application requests growth management approvals, including allotments for eight affordable housing units, recognition of existing non-conformities, exemption from the City’s Residential Design Standards, a variance for one parking space, and authorization for the issuance of Certificates of Affordable Housing Credits. Page 2 of 17 Aspen Hills Affordable Housing The Aspen/Pitkin County Housing Authority has recently adopted “Marketability Standards” on July 6, 2016, which clarify and provide guidance on physical capital needs for existing units to be accepted into the affordable housing inventory. A Physical Capital Needs Assessment (PCNA) and an Energy Audit have been performed and will be provided under separate cover. These reports will enable APCHA and the owner to determine what improvements must be accomplished in the near term and the extent of initial funding for a capital reserve account. This application is submitted pursuant to the following sections of the Aspen Land Use Code: • 26.304 Common Development Review Procedures • 26.410 Residential Design Standards • 26.470.070.2 Growth Management – Change-in-Use • 26.470.070.4 Growth Management – Affordable Housing • 26.515 Parking • 26.540 Certificates of Affordable Housing Credit • 26.575.020 Calculations and Measurements • 26.710.080 Residential Multi-Family (RMF) Zone District The application is divided into three sections: Section I describes the existing conditions of the project site and environs. Section II outlines the applicant’s proposed development and Section III addresses the proposed development’s compliance with review criteria. Exhibits are provided as follows: • Exhibit 1: Land Use Application and Dimensions Form • Exhibit 2: Vicinity Map • Exhibit 3: Pre-Application Conference Summary • Exhibit 4: Proof of the Applicant’s Ownership and Authority • Exhibit 5: HOA Compliance Form • Exhibit 6: Authorization for BendonAdams LLC to represent the applicant • Exhibit 7: Fee Agreement • Exhibit 8: Mailing addresses for property owners within 300 feet of the property • Exhibit 9: Existing conditions drawings • Exhibit 10: Site improvement survey The applicant has attempted to address all relevant provisions of the Code and to provide sufficient information to enable a thorough evaluation of the application. Upon request, BendonAdams will gladly provide such additional information as may be required in the course of the review. Sincerely, Chris Bendon, AICP BendonAdams LLC 300 So. Spring St. #202 Aspen, CO chris@bendonadams.com 970.925.2855 U Page 3 of 17 Aspen Hills Affordable Housing Section I: Existing Conditions The Aspen Hills property is a 15,160 square foot site on Midland Avenue in the Smuggler neighborhood. The property is developed with one building containing eight residences and eight on-site parking spaces. The building has been condominiumized into eight separate ownership interests, plus a common area. The property is posted as 331-338 Midland Avenue. The property was originally part of the Mascotte and “99” lode claims. A roughly 1-acre portion was conveyed by deed to the Aspen Construction Company in 1965. The entire 1-acre property was conveyed to John Villari in 1969. The southern portion of the property, roughly 28,622 square feet, was conveyed back to the Aspen Construction Company in 1970, creating the basis for the property boundary today. The property to the South is developed with a multi-family building commonly known as Aspen View. The building was constructed in 1965, originally as all two-bedroom units. One of the units, Unit 336, was converted into a one-bedroom unit according to permit records on file with the City of Aspen Building Department. Other improvements on record are typical interior upgrades and egress window improvements. Another unit appears to have been converted to a one-bedroom without a building permit. This application proposes reverting the illegal improvements to reinstate a two-bedroom unit. Two parcels, noted on the survey as parcel 1 and parcel 2, were conveyed to the Board of Commissioners of the Pitkin County Housing Authority in 1978 for “roadway purposes.” This conveyance appears to have been in-lieu of condemnation proceedings. For the purposes of this application, these parcels have been considered public right-of-way. Access to the property is from Midland Avenue. Eight on-site parking spaces are located in front of the structure, entirely within the property. Each parking space has a second, tandem space located within the right-of-way. For purposes of this application, only the eight on-site spaces have been counted as legitimate existing parking. Parking requirements for this property, according to Chapter 26.515 of the City’s land use code, are the lower of one unit per bedroom or two per unit. Seven two-bedroom units and 1 one-bedroom unit therefore require 15 parking spaces. The existing condition, counting only those spaces entirely on-site, represents an existing parking deficit of 7 spaces. A few of the units have been upgraded with newer windows/doors and larger egress windows for the lower level bedrooms. Other units maintain vintage conditions and will likely require upgrades Parcel ID Numbers Unit Parcel ID A1 2737-074-05-001 A2 2737-074-05-006 A3 2737-074-05-002 A4 2737-074-05-008 A5 2737-074-05-007 A6 2737-074-05-003 A7 2737-074-05-005 A8 2737-074-05-004 Common Area 2737-074-05-801 Page 4 of 17 Aspen Hills Affordable Housing by the applicant prior to acceptance into the housing inventory. Clarification on these conditions will be contained in the pending PCNA and Energy reports. The property was originally part of the Mascotte Lode and 99 Lode (mining claims) which extend onto the face of Smuggler Mountain. Transfer by warrantee deed of approximately 1 acre to the Aspen Construction Corporation in 1965 pre-dated County subdivision standards, as did the transfer by warrantee deed to John Villari of the entire one-acre parcel in 1969. Villari condominiumized the 8-unit building and the property in 1969 and conveyed at least one unit. Transfer back to the Aspen Construction Company of the southern, approximately 28,622 s.f., portion of the 1-acre parcel occurred in 1970, also pre-dating City/County subdivision standards. This is the basis for the property today. The title commitment documents these transfers. The 1970 transfer established the southern and eastern boundaries along the edge of existing improvements as reflected in the survey. The southern boundary traces the balcony, including the stairs. The eastern boundary traces the building footprint, including the below grade utility area. These property boundaries created non- conforming setback conditions, diagrammed in the attached drawing set and highlighted to the right. Floor Area and Net Livable measurements have been provided by Alius Design according the Calculations and Measurements section (26.575.020) of the City of Aspen Land Use Code. The Floor Area of the building is approximately 5,040, well below the allowable of approximately 11,369 s.f. (not accounting for potential slope reduction). The existing trash/recycle area is accessed off Midland at the corner of the property. It is within the right-of-way but outside the roadway. This is also the location of the mail pedestal and several utility connection pedestals. U Aspen Hills As-Built Information Unit Beds Baths Net Livable s.f. 331 2 1 852 332 2 1 807 333 2 1 861 334 2 1 861 335 2 1 861 336 2 1 861 337 2 1 866 338 2 1 866 Page 5 of 17 Aspen Hills Affordable Housing Section II: Project Description/The Proposal The application proposes repurposing the Aspen Hills building as affordable housing. Eight two- bedroom affordable housing units, according to the standards of Section 26.470.100.A.2, will house eighteen employees. (2.25 FTEs/unit). The application proposes these units to be rentals and for sale units, restricted to affordable rental rates and sale prices. The rental/sale mix is to respect ongoing purchase discussions and account for potential hold-over owners/tenants. The applicant is suggesting these units be Category 2 or Category 3, or combination thereof. This property, while free-market, serves as local employee housing and vacation rentals. It is exactly these types of units that slowly transition out of local usage due to escalating prices, increasing demands on the affordable housing inventory. This proposal counters this trend by utilizing the City’s Credits program and permanently securing these units as affordable housing. All forms of affordable housing are desperately needed in the upper valley. Affordable rentals are in significant demand. The proposal locates affordable housing within an existing neighborhood, walking/biking distance to downtown, with great access to transit, and with very little construction impacts. The building and its units are in good working order and minimal improvements will be necessary. Interior work contemplates improvements to systems, fixtures, finishes, and appliances. Each unit is different, so some units will maintain current status or have minimal upgrades while other units will be more-substantially overhauled. Energy improvements contemplate window, door, and sealing/insulation upgrades. Exterior work contemplates refurbishment or potential replacement of the existing decks, and installing larger egress window wells for the lower level bedrooms. Installing larger window wells will have a marginal impact on Floor Area. But the property is currently well below the maximum allowance. Units average approximately 854 s.f. of net livable area each. This is only 5% below the APCHA standard of 900 s.f. for a two-bedroom unit but well within the 20% tolerance for acceptance. The units provide comfortable living conditions with the living/dining/kitchen areas on the main level and bedrooms below. Each unit has ample natural light, is 50% or more above grade, and has a washer/dryer. Each unit enjoys storage and one dedicated on-site parking space. The site is walking/biking distance to downtown, parks and recreation amenities, and is well-served by transit. The applicant has previously presented this opportunity to the APCHA Board on March 2 and August 3, 2016; at both meetings, the Board expressed their support of the project. The applicant is requesting APCHA accept these units at their current size. Allowing these units to be slightly below the 900 s.f. requirement enables them to be two-bedroom units (instead of one-bedroom units) thereby providing more local housing towards a significant community need. The application proposes correcting the illegal construction by reinstating a two-bedroom unit. The one unit that was legally converted into a one-bedroom is proposed to be returned to a two- bedroom unit. An extensive capital assessment and an energy audit is being performed and will have been completed prior to review by the Housing Board and the Planning and Zoning Commission. The results of this analysis will indicate the required upgrades to be accomplished prior to deed restriction and acceptance into the affordable housing inventory. The analysis will provide a capital improvement schedule for future improvements and a basis for initial funding of a capital reserve account for the property. Page 6 of 17 Aspen Hills Affordable Housing The applicant is requesting the capital assessment and energy audit information be translated into a pre-occupancy work program and capital reserve fund to be reviewed by APCHA staff, endorsed by the Housing Board, and ultimately adopted by the Planning and Zoning Commission as a series of conditions that must be met prior to APCHA accepting the units into the affordable housing inventory. The project fully complies with the RMF Zone District, excepting those existing setback non- conformities stated above. The applicant is requesting that the Planning and Zoning Commission recognize the existing non-conformities, grant the requested growth management approvals, exempt the project from the City’s Residential Design Standards, and authorize issuance of Certificates of Affordable Housing Credit for 18 FTEs at the Category rate finally set by the applicant. The applicant is contemplating a future expansion utilizing the northern vacant section of the property. This expansion would be a separate free standing building of affordable housing. At this time, no specific designs are proposed and the applicant is not requesting consideration or approval. If an expansion is proposed, the applicant understands the expansion must comply with the requirements effective at the time of submission and be reviewed according to the then process. Pursuant to prior discussions with the APCHA Board, the applicant is willing at this time to commit that the future phase be 100% affordable housing, and with the Category designation to be determined by the applicant at the time of application for that approval. Page 7 of 17 Aspen Hills Affordable Housing Section III: Review Requirements A. Common Development Review Procedures This land use application is submitted pursuant to and subject to the requirements of Chapter 26.304 – Common Development Review Procedures – of the City of Aspen Land Use Code. B. Residential Design Standards RDS This application is subject to the City’s Residential Design Standards and the applicant is seeking exemption under exemption provision 26.410.010.C.1 – An addition or remodel to an existing structure that does not change the exterior of the building; and, provision 2 – A remodel of a structure where the alterations proposed change the exterior of the building, but are not addressed by any of the residential design standards. Expected interior improvements will be to fixtures, finishes, and equipment to meet the expectations of the Aspen/Pitkin County housing authority and their Marketability Standards adopted July 6, 2016. These interior improvements clearly fall under exemption 1. Exterior improvements are expected to be some recladding of the deck surface, upgrades to windows and doors for energy efficiency, upgrades to egress windows for life/safety, and other minor improvements for aesthetic and durability purposes. The minor level of exterior changes do not afford the opportunity to re-orient the building or make major changes to the mass of the building. And, the changes are not addressed by the Standards, falling under exemption provision 2. C. Growth Management Review. The project proposes to refurbish and re-use the existing Aspen Hills building. Demolition is not proposed to be triggered. Upgrades include interior renovations, building envelope improvements for energy efficiency, and improvements to aesthetics and existing egress conditions. The eight existing residences are free-market (unrestricted) and the application proposes these units be deed restricted as affordable housing, rental and/or for sale, Category 2 or Category 3. Responses to relevant growth management criteria are as follows: 26.470.040.3 Remodeling or expansion of existing multi-family residential development. The remodeling of existing multi-family residential dwellings shall be exempt from growth management provided that no additional Floor Area is added to the property and provided demolition of a unit or structure does not occur. When an expansion of Floor Area occurs, see Section 26.470.060, subsection 2. When demolition occurs, see Paragraph 26.470.070.6, Demolition or redevelopment of multi-family housing. (Also see definition of demolition, Section 26.104.100.) Response – The application proposes refurbishment of these existing units and conversion to affordable housing. A minimal increase to the property’s Floor Area may occur as a result of improving egress conditions from subgrade bedrooms. As the property is proposed as affordable housing, the mitigation requirements do not apply. Page 8 of 17 Aspen Hills Affordable Housing 26.470.050.B General Requirements: All development applications for growth management review shall comply with the following standards. The reviewing body shall approve, approve with conditions, or deny an application for growth management review based on the following generally applicable criteria and the review criteria applicable to the specific type of development: 1. Sufficient growth management allotments are available to accommodate the proposed development, pursuant to Subsection 26.470.030.D. Applications for multi-year allotments, pursuant to Paragraph 26.470.090.1 shall not be required to meet this standard. Response – This application requests eight allotments of affordable housing. According to section 26.470.030.D, no annual limit applies to affordable housing. 2. The proposed development is compatible with land uses in the surrounding area, as well as with any applicable adopted regulatory master plan. Response – This multi-family residential building is intended to be re-used with minimal changes to its aesthetic character. The neighborhood is a mix of single-family, duplex and multi-family housing – both free-market and affordable housing. The property is consistent with this mix and the conversion from free-market to affordable represents minimal if any change to its compatibility with the neighborhood. 3. The development conforms to the requirements and limitations of the zone district. Response – The development conforms to the RMF Zone District, except for existing non- conforming setback conditions along the south and east property boundaries. These appear to be a result of the ownership conveyance which affected a subdivision of the property in 1970. (Please refer to the conveyance deed rescored at 143387 with Pitkin County Clerk.) The proposal maintains and does not worsen these setback conditions. Contained in this application is a request for a one-space parking variance. This would allow one unit that was officially converted to a one-bedroom unit to be officially returned to a two-bedroom configuration. 4. The proposed development is consistent with the Conceptual Historic Preservation Commission approval, the Conceptual Commercial Design Review approval, and the Planned Development – Project Review approval, as applicable. Response – The development proposed is a re-use of an existing building and has not been required to be reviewed as a Planned Development. The property is 100% residential and is not historically designated. 5. Unless otherwise specified in this Chapter, sixty percent (60%) of the employees generated by the additional commercial or lodge development, according to Subsection 26.470.100.A, Employee generation rates, are mitigated through the provision of affordable housing. The employee generation mitigation plan shall be approved pursuant to Paragraph 26.470.070.4, Affordable housing, at Category 4 rate as defined in the Aspen/Pitkin County Page 9 of 17 Aspen Hills Affordable Housing Housing Authority Guidelines, as amended. An applicant may choose to provide mitigation units at a lower category designation. If an applicant chooses to use a Certificate of Affordable Housing Credit as mitigation, pursuant to Chapter 26.540, such Certificate shall be extinguished pursuant to Chapter 26.540.90 Criteria for Administrative Extinguishment of the Certificate. Response – Not applicable. The development contains no commercial or lodging components and does not generate employees according to section 26.470.100.A. 6. Affordable housing net livable area, for which the finished floor level is at or above natural or finished grade, whichever is higher, shall be provided in an amount equal to at least thirty percent (30%) of the additional free-market residential net livable area, for which the finished floor level is at or above natural or finished grade, whichever is higher. Affordable housing shall be approved pursuant to Paragraph 26.470.070.4, Affordable housing, and be restricted to a Category 4 rate as defined in the Aspen/Pitkin County Housing Authority Guidelines, as amended. An applicant may choose to provide mitigation units at a lower category designation. Affordable housing units that are being provided absent a requirement ("voluntary units") may be deed-restricted at any level of affordability, including residential occupied. If an applicant chooses to use a Certificate of Affordable Housing Credit as mitigation, pursuant to Chapter 26.540, such Certificate shall be extinguished pursuant to Chapter 26.540.90 Criteria for Administrative Extinguishment of the Certificate, utilizing the calculations in Section 26.470.100 Employee/Square Footage Conversion. Response – Not applicable. The proposal is to re-purpose all eight free-market residential units as affordable housing. No additional free-market residential square footage is proposed. 7. The project represents minimal additional demand on public infrastructure, or such additional demand is mitigated through improvement proposed as part of the project. Public infrastructure includes, but is not limited to, water supply, sewage treatment, energy and communication utilities, drainage control, fire and police protection, solid waste disposal, parking and road and transit services. Response – The proposal re-purposes and an existing residential building that is already served. Minimal interior upgrades are proposed and no changes to service requirements are expected. No changes to existing fixture counts are proposed. The applicant commits to mitigating any additional demands on the public infrastructure as required by City Codes. 26.470.070.2 Change in use. A change in use of an existing property, structure or portions of an existing structure between the development categories identified in Section 26.470.020 (irrespective of direction), for which a certificate of occupancy has been issued for at least two (2) years and which is intended to be reused, shall be approved, approved with conditions, or denied by the Planning and Zoning Commission based on the general requirements outlined in Section 26.470.050. No more than one (1) free-market residential unit may be created through the change-in-use. Page 10 of 17 Aspen Hills Affordable Housing Response – See below for response the general requirements. The proposal does not involve creation of an additional free-market unit. 26.470.070.4 Affordable housing. The development of affordable housing deed-restricted in accordance with the Aspen/Pitkin County Housing Authority Guidelines shall be approved, approved with conditions, or denied by the Planning and Zoning Commission based on the following criteria: a. The proposed units comply with the Guidelines of the Aspen/Pitkin County Housing Authority. A recommendation from the Aspen/Pitkin County Housing Authority shall be required for this standard. The Aspen/Pitkin County Housing Authority may choose to hold a public hearing with the Board of Directors. Response – A complete capital assessment and energy audit of the building is underway, the results of which will be used to address the Aspen/Pitkin County Housing Authority’s recently adopted “Marketability Standards.” These standards were adopted as an extension of the Guidelines by the Housing Board to ensure existing housing units proposed for deed restriction are of a sufficient quality and have a sufficient capital reserve for long-term success. The proposed units are high quality but are expected to require upgrades to meet the Marketability Standards. A recommendation from APHCA regarding these studies and the newly adopted standards is expected. The units are slightly below the minimum net livable size specifications stated in the Guidelines but well within the acceptable tolerance. The Housing Guidelines allow for up to a 20% reduction in size. b. Affordable housing required for mitigation purposes shall be in the form of actual newly built units or buy-down units. Off-site units shall be provided within the City limits. Units outside the City limits may be accepted as mitigation by the City Council, pursuant to Paragraph 26.470.090.2. If the mitigation requirement is less than one (1) full unit, a fee-in-lieu payment may be accepted by the Planning and Zoning Commission upon a recommendation from the Aspen/Pitkin County Housing Authority. If the mitigation requirement is one (1) or more units, a fee-in-lieu payment shall require City Council approval, pursuant to Paragraph 26.470.090.3. A Certificate of Affordable Housing Credit may be used to satisfy mitigation requirements by approval of the Community Development Department Director, pursuant to Section 26.540.080 Extinguishment of the Certificate. Required affordable housing may be provided through a mix of these methods. Response – The proposed affordable housing units utilize an existing eight-unit building, “buying-down” the units to affordable status in exchange for affordable housing certificates. c. Each unit provided shall be designed such that the finished floor level of fifty percent (50%) or more of the unit's net livable area is at or above natural or finished grade, whichever is higher. This dimensional requirement may be varied through Special Review, Pursuant to Chapter 26.430. Page 11 of 17 Aspen Hills Affordable Housing Response – The eight existing units were developed in a townhome configuration with the entry, living room and kitchen on the upper level, and with two bedrooms, a bathroom, and laundry on the lower level. The units along the front of the building (facing Midland) are developed with walk-out capability on the lower level. One of the two units on this end has been retrofitted with a sliding door. The lower level of the units along the rear of the property (east side) are nearly subgrade, making the units come close to the 50% limitation. Please refer to the drawing set which shows site and building sections. d. The proposed units shall be deed-restricted as "for sale" units and transferred to qualified purchasers according to the Aspen/Pitkin County Housing Authority Guidelines. The owner may be entitled to select the first purchasers, subject to the aforementioned qualifications, with approval from the Aspen/Pitkin County Housing Authority. The deed restriction shall authorize the Aspen/Pitkin County Housing Authority or the City to own the unit and rent it to qualified renters as defined in the Affordable Housing Guidelines established by the Aspen/Pitkin County Housing Authority, as amended. The proposed units may be rental units, including but not limited to rental units owned by an employer or nonprofit organization, if a legal instrument in a form acceptable to the City Attorney ensures permanent affordability of the units. The City encourages affordable housing units required for lodge development to be rental units associated with the lodge operation and contributing to the long-term viability of the lodge. Units owned by the Aspen/Pitkin County Housing Authority, the City of Aspen, Pitkin County or other similar governmental or quasi- municipal agency shall not be subject to this mandatory "for sale" provision. Response – These units are proposed as affordable rentals and/or for sale units. The rental/sale mix is to respect ongoing purchase discussions and account for potential hold- over owners/tenants. The applicant is suggesting these be limited to a mix of Category 2 and 3. e. Non-Mitigation Affordable Housing. Affordable housing units that are not required for mitigation, but meet the requirements of Section 26.470.070.4(a-d). The owner of such non-mitigation affordable housing is eligible to receive a Certificate of Affordable Housing Credit pursuant to Chapter 26.540. Response – The application proposes these non-mitigation units in exchange for Certificates of Affordable Housing Credit. The eight two-bedroom units house 18 employees, according to Section 26.470.100.A.2. (2.25 employees housed for each two- bedroom unit). The application requests the issuance of a Certificate in the amount of 18 Category 2 or Category 3 FTEs upon completion of the required improvements and APCHA’s acceptance of the units into the affordable inventory. Page 12 of 17 Aspen Hills Affordable Housing 26.470.070.5 Demolition or redevelopment of multi-family housing. The City's neighborhoods have traditionally been comprised of a mix of housing types, including those affordable by its working residents. However, because of Aspen's attractiveness as a resort environment and because of the physical constraints of the upper Roaring Fork Valley, there is constant pressure for the redevelopment of dwellings currently providing resident housing for tourist and second-home use. Such redevelopment results in the displacement of individuals and families who are an integral part of the Aspen work force. Given the extremely high cost of and demand for market-rate housing, resident housing opportunities for displaced working residents, which are now minimal, will continue to decrease. Preservation of the housing inventory and provision of dispersed housing opportunities in Aspen have been long-standing planning goals of the community. Achievement of these goals will serve to promote a socially and economically balanced community, limit the number of individuals who face a long and sometimes dangerous commute on State Highway 82, reduce the air pollution effects of commuting and prevent exclusion of working residents from the City's neighborhoods. The Aspen Area Community Plan established a goal that affordable housing for working residents be provided by both the public and private sectors. The City and the Aspen/Pitkin County Housing Authority have provided affordable housing both within and adjacent to the City limits. The private sector has also provided affordable housing. Nevertheless, as a result of the replacement of resident housing with second homes and tourist accommodations and the steady increase in the size of the workforce required to assure the continued viability of Aspen area businesses and the City's tourist-based economy, the City has found it necessary, in concert with other regulations, to adopt limitations on the combining, demolition or conversion of existing multi-family housing in order to minimize the displacement of working residents, to ensure that the private sector maintains its role in the provision of resident housing and to prevent a housing shortfall from occurring. The combining, demolition, conversion or redevelopment of multi-family housing shall be approved, approved with conditions or denied by the Planning and Zoning Commission based on compliance with the following requirements (see definition of demolition.): 1. Requirements for combining, demolishing, converting or redeveloping free-market multi- family housing units: Only one (1) of the following two (2) options is required to be met when combining, demolishing, converting or redeveloping a free-market multi-family residential property. To ensure the continued vitality of the community and a critical mass of local working residents, no net loss of density (total number of units) between the existing development and proposed development shall be allowed. a. One-hundred-percent replacement. In the event of the demolition of free-market multi- family housing, the applicant shall have the option to construct replacement housing consisting of no less than one hundred percent (100%) of the number of units, bedrooms and net livable area demolished. The replacement units shall be deed- restricted as resident occupied affordable housing, pursuant to the Guidelines of the Aspen/Pitkin County Housing Authority. An applicant may choose to provide mitigation units at a lower category designation. Each replacement unit shall be approved pursuant to Subsection 4, Affordable housing, of this Section. Page 13 of 17 Aspen Hills Affordable Housing When this one-hundred-percent standard is accomplished, the remaining development on the site may be free-market residential development with no additional affordable housing mitigation required as long as there is no increase in the number of free-market residential units on the parcel. Free-market units in excess of the total number originally on the parcel shall be reviewed pursuant to Paragraph 26.470.070.3, Expansion of free-market residential units within a multi-family or mixed- use development. b. Fifty-percent replacement. In the event of the demolition of free-market multi-family housing and replacement of less than one hundred percent (100%) of the number of previous units, bedrooms or net livable area as described above, the applicant shall be required to construct affordable housing consisting of no less than fifty percent (50%) of the number of units, bedrooms and the net livable area demolished. The replacement units shall be deed-restricted as Category 4 housing, pursuant to the guidelines of the Aspen/Pitkin County Housing Authority. An applicant may choose to provide mitigation units at a lower category designation. Each replacement unit shall be approved pursuant to Paragraph 26.470.070.4, Affordable housing. When this fifty-percent standard is accomplished, the remaining development on the site may be free-market residential development as long as additional affordable housing mitigation is provided pursuant to Paragraph 26.470.070.3, Expansion of free- market residential units within a multi-family or mixed-use project, and there is no increase in the number of free-market residential units on the parcel. Free-market units in excess of the total number originally on the parcel shall be reviewed pursuant to Paragraph 26.470.070.7, New free-market residential units within a multi-family or mixed-use project. c. One-hundred percent affordable housing replacement. When one-hundred-percent of the free-market multi-family housing units are demolished and are solely replaced with deed-restricted affordable housing units on a site that are not required for mitigation purposes, including any net additional dwelling units, pursuant to Section 26.470.070.4, Affordable Housing; all of the units in the redevelopment are eligible for a Certificate of Affordable Housing Credit, pursuant to Section 26.540 Certificate of Affordable Housing Credit. Any remaining unused free market residential development rights shall be vacated. 2. Requirements for demolishing affordable multi-family housing units: In the event a project proposes to demolish or replace existing deed-restricted affordable housing units, the redevelopment may increase or decrease the number of units, bedrooms or net livable area such that there is no decrease in the total number of employees housed by the existing units. The overall number of replacement units, unit sizes, bedrooms and category of the units shall be reviewed by the Aspen/Pitkin County Housing Authority and a recommendation forwarded to the Planning and Zoning Commission. 3. Fractional unit requirement. When the affordable housing replacement requirement of this Section involves a fraction of a unit, cash-in-lieu may be provided only upon the review and approval of the City Council, to meet the fractional requirement only, pursuant to Paragraph 26.470.090.3, Provision of required affordable housing via a cash-in-lieu payment. 4. Location requirement. Multi-family replacement units, both free-market and affordable, shall be developed on the same site on which demolition has occurred, unless the owner shall demonstrate and the Planning and Zoning Commission determines that replacement Page 14 of 17 Aspen Hills Affordable Housing of the units on site would be in conflict with the parcel's zoning or would be an inappropriate solution due to the site's physical constraints. When either of the above circumstances result, the owner shall replace the maximum number of units on site which the Planning and Zoning Commission determines that the site can accommodate and may replace the remaining units off site, at a location determined acceptable to the Planning and Zoning Commission. A recommendation from the Aspen/Pitkin County Housing Authority shall be considered for this standard. 5. Timing requirement. Any replacement units required to be deed-restricted as affordable housing shall be issued a certificate of occupancy, according to the Building Department, and be available for occupancy at the same time as, or prior to, any redeveloped free- market units, regardless of whether the replacement units are built on site or off site. 6. Redevelopment agreement. The applicant and the City shall enter into a redevelopment agreement that specifies the manner in which the applicant shall adhere to the approvals granted pursuant to this Section and penalties for noncompliance. The agreement shall be recorded before an application for a demolition permit may be accepted by the City. 7. Growth management allotments. The existing number of free-market residential units, prior to demolition, may be replaced exempt from growth management, provided that the units conform to the provisions of this Section. The redevelopment credits shall not be transferable separate from the property unless permitted as described above in Subparagraph d, Location requirement. 8. Exemptions. The Community Development Director shall exempt from the procedures and requirements of this Section the following types of development involving Multi-Family Housing Units. An exemption from these replacement requirements shall not exempt a development from compliance with any other provisions of this Title: a. The replacement of Multi-Family Housing Units after non-willful demolition such as a flood, fire, or other natural catastrophe, civil commotion, or similar event not purposefully caused by the land owner. The Community Development Director may require documentation be provided by the landowner to confirm the damage to the building was in-fact non-willful. To be exempted, the replacement development shall be an exact replacement of the previous number of units, bedrooms, and square footage and in the same configuration. The Community Development Director may approve exceptions to this exact replacement requirement to accommodate changes necessary to meet current building codes; improve accessibility; to conform to zoning, design standards, or other regulatory requirements of the City; or, to provide other architectural or site planning improvements that have no substantial effect on the use or program of the development. (Also see Chapter 26.312 – Nonconformities.) Substantive changes to the development shall not be exempted from this Section and shall be reviewed as a willful change pursuant to the procedures and requirements of this Section. b. The demolition of Multi-Family Housing Units by order of a public agency including, but not limited to, the City of Aspen for reasons of preserving the life, health, safety, or general welfare of the public. c. The demolition, combining, conversion, replacement, or redevelopment of Multi- Family Housing Units which have been used exclusively as tourist accommodations Page 15 of 17 Aspen Hills Affordable Housing or by non-working residents. The Community Development Director may require occupancy records, leases, affidavits, or other documentation to the satisfaction of the Director to demonstrate that the unit(s) has never housed a working resident. All other requirements of this Title shall still apply including zoning, growth management, and building codes.) d. The demolition, combining, conversion, replacement, or redevelopment of Multi- Family Housing Units which were illegally created (also known as “Bandit Units”). Any improvements associated with Bandit Units shall be required to conform to current requirements of this Title including zoning, growth management, and building codes. Replaced or redeveloped Bandit Units shall be deed restricted as Resident Occupied affordable housing, pursuant to the Guidelines of the Aspen/Pitkin County Housing Authority e. Any development action involving demising walls or floors/ceilings necessary for the normal upkeep, maintenance, or remodeling of adjacent Multi-Family Housing Units. f. A change order to an issued and active building permit that proposes to exceed the limitations of remodeling/demolition to rebuild portions of a structure which, in the opinion of the Community Development Director, should be rebuilt for structural, safety, accessibility, or significant energy efficiency reasons first realized during construction, which were not known and could not have been reasonably predicted prior to construction, and which cause no or minimal changes to the exterior dimensions and character of the building. Response – The applicant is not proposing demolition of the structure; rather, conversion of the units from free-market housing to affordable housing. The applicant is proposing replacement option C – “One-hundred percent affordable housing replacement.” No net loss of density will occur and all units will be deed restricted as affordable housing. As the units are not required for mitigation purposes, they are eligible for issuance of Certificates of Affordable Housing Credit, pursuant to Section 26.540 (criteria address below). The free-market residential redevelopment rights will not be replaced. D. Certificates of Affordable Housing Credit 26.540.070 Review criteria for establishing an affordable housing credit. An Affordable Housing Credit may be established by the Planning and Zoning Commission if all of the following criteria are met. The proposed units do not need to be constructed prior to this review. A. The proposed affordable housing unit(s) comply with the review standards of Section 26.470.070.4(a-d). Response –These standards are addressed above. B. The affordable housing unit(s) are not an obligation of a Development Order and are not otherwise required by this Title to mitigate the impacts of development. Response – The proposed units are not committed by a Development Order and are not needed to satisfy mitigation requirements for any other development. Page 16 of 17 Aspen Hills Affordable Housing E. Parking Code Section 26.515.030 states the on-site parking requirement as the lesser of one space per bedroom or two per unit. The existing 7 two-bedroom units and 1 one-bedroom unit require 15 parking spaces. The existing development has eight on-site spaces along the front of the building, head-in accessed from Midland Avenue. Each space has a second, tandem space located within the right-of-way. This second row of parking has served the property without conflicting with travel patterns. For the purposes of this application, only the first eight on-site spaces have been counted as meeting the parking requirement. This leaves the property with a seven space deficit. This deficit will be carried-forward with the repurposing of the building as affordable housing. The reconfiguration of one unit (#336) back to a two-bedroom unit requires the addition of one parking space on-site. This is not physically practical or logistically needed. The project was originally constructed with eight two-bedroom units and eight parking spaces. Each unit will continue to have one official on-site space and be eligible for neighborhood parking according to City policy. The property is easy walking distance to downtown via the Hopkins Avenue pedestrian bridge and the Hunter Creek bus stop is one block away. The property is ideally situated for minimal daily auto needs and the existing parking is currently typically used for long-term car storage. E. Variance for One Parking Space 26.314.040. Standards applicable to variances. A. In order to authorize a variance from the dimensional requirements of Title 26, the appropriate decision-making body shall make a finding that the following three (3) circumstances exist: 1. The grant of variance will be generally consistent with the purposes, goals, objectives and policies of this Title and the Municipal Code; and 2. The grant of variance is the minimum variance that will make possible the reasonable use of the parcel, building or structure; and 3. Literal interpretation and enforcement of the terms and provisions of this Title would deprive the applicant of rights commonly enjoyed by other parcels in the same zone district and would cause the applicant unnecessary hardship, as distinguished from mere inconvenience. In determining whether an applicant's rights would be deprived, the Board shall consider whether either of the following conditions apply: a) There are special conditions and circumstances which are unique to the parcel, building or structure, which are not applicable to other parcels, structures or buildings in the same zone district and which do not result from the actions of the applicant; or Page 17 of 17 Aspen Hills Affordable Housing b) Granting the variance will not confer upon the applicant any special privilege denied by the terms of this Title and the Municipal Code to other parcels, buildings or structures, in the same zone district. B. In order to authorize a variance from the permitted uses of Title 26, the appropriate decision-making body shall make a finding that all of the following circumstances exist: 1. Notice by publication, mailing and posting of the proposed variance has been provided to surrounding property owners in accordance with Subparagraphs 26.304.060.E.3.a.—c. 2. A variance is the only reasonable method by which to afford the applicant relief, and to deny a variance would cause the applicant unnecessary hardship such that the property would be rendered practically undevelopable, as distinguished from mere inconvenience. 4. The temporary off-site storage or construction staging can be undertaken in such a manner so as to minimize disruption, if any, of normal neighborhood activities surrounding the subject parcel. 5. If ownership of the off-site parcel subject to the proposed variance is not vested in the applicant, then verified written authorization of the parcel's owner must be provided. 6. Adequate provision is made to restore the subject parcel to its original condition upon expiration of the variance, including the posting of such financial security as deemed appropriate and necessary by the appropriate decision-making body to ensure such restoration. Response: The property was originally developed with eight two-bedroom units, according to the development standards at the time. The property was developed with and still has eight head- in on-site parking spaces and another eight tandem spaces located in the public right-of-way. This second set of spaces are out of the travel way and do not infringe on traffic movements. The applicant understands these spaces exist at the City’s discretion. The property functioned this way for roughly 40 years. Roughly 10 years ago one unit was officially converted (via building permit) into a one-bedroom unit by removing a demising wall between bedrooms. The application seeks to return the two-bedroom status to the unit, thereby triggering the technical additional parking space requirement. There’s no reasonable, practical way to implement this additional space. Furthermore, there does not appear to be a significant achievement to be gained. The project will essentially be the same project. The impact of not approving the variance, however, is to restrict this one unit to a one- bedroom, housing fewer employees locally, and causing another commuter car on the highway. Many of the condominium complexes in this neighborhood do not have on-site parking or have inadequate on-site parking. This is an outcome of the development standards at the time of initial construction. Overall, the neighborhood parking situation has reached an equilibrium. There are adequate street parking spaces available on any given day. The variance would allow continuation of the original development scenario for this property – eight two-bedroom units, each with one legal parking space and a second informal space currently in the right-of-way. October 24, 2016 Mr. Justin Barker, AICP Senior Planner City of Aspen 130 So. Galena St. Aspen, Colorado 81611 RE: Aspen Hills Affordable Housing 331-338 Midland Avenue Mr. Barker: Please accept this application to convert this existing eight-unit free-market residential building into local affordable housing and the creation of Certificates of Affordable Housing Credit. The Aspen Hills Condominiums is an existing eight-unit residential building located in the Smuggler neighborhood along Midland Avenue. It is addressed as 331-338 Midland Avenue. The building was constructed in 1965 with all two-bedroom units and condominiumized in 1969. The 15,160 s.f. property is located in the RMF Zone District. The building is not on the City of Aspen Inventory of Historic Landmark Sites and Structures. Although free-market, the units have served a local population as either owner-occupied or rental units. It is exactly these types of units that slowly drift out of the local housing inventory as property values increase and employees are priced-out. This application utilizes the City’s award-winning Credits program to intervene and permanently secure these units as employee housing. WEB2 Capital, LLC, is the contract purchaser of all eight units and has been granted authority to submit this application by the owners and by the Aspen Hills Condominiums homeowner’s association. Bill Boehringer is the Chief Executive Officer of WEB2 Capital LLC, a Colorado limited liability company, and has authorized BendonAdams to represent his interests. This application requests growth management approvals, including allotments for eight affordable housing units, recognition of existing non-conformities, exemption from the City’s Residential Design Standards, a variance for one parking space, and authorization for the issuance of Certificates of Affordable Housing Credits. Page 2 of 17 Aspen Hills Affordable Housing The Aspen/Pitkin County Housing Authority has recently adopted “Marketability Standards” on July 6, 2016, which clarify and provide guidance on physical capital needs for existing units to be accepted into the affordable housing inventory. A Physical Capital Needs Assessment (PCNA) and an Energy Audit have been performed and will be provided under separate cover. These reports will enable APCHA and the owner to determine what improvements must be accomplished in the near term and the extent of initial funding for a capital reserve account. This application is submitted pursuant to the following sections of the Aspen Land Use Code: • 26.304 Common Development Review Procedures • 26.410 Residential Design Standards • 26.470.070.2 Growth Management – Change-in-Use • 26.470.070.4 Growth Management – Affordable Housing • 26.515 Parking • 26.540 Certificates of Affordable Housing Credit • 26.575.020 Calculations and Measurements • 26.710.080 Residential Multi-Family (RMF) Zone District The application is divided into three sections: Section I describes the existing conditions of the project site and environs. Section II outlines the applicant’s proposed development and Section III addresses the proposed development’s compliance with review criteria. Exhibits are provided as follows: • Exhibit 1: Land Use Application and Dimensions Form • Exhibit 2: Vicinity Map • Exhibit 3: Pre-Application Conference Summary • Exhibit 4: Proof of the Applicant’s Ownership and Authority • Exhibit 5: HOA Compliance Form • Exhibit 6: Authorization for BendonAdams LLC to represent the applicant • Exhibit 7: Fee Agreement • Exhibit 8: Mailing addresses for property owners within 300 feet of the property • Exhibit 9: Existing conditions drawings • Exhibit 10: Site improvement survey The applicant has attempted to address all relevant provisions of the Code and to provide sufficient information to enable a thorough evaluation of the application. Upon request, BendonAdams will gladly provide such additional information as may be required in the course of the review. Sincerely, Chris Bendon, AICP BendonAdams LLC 300 So. Spring St. #202 Aspen, CO chris@bendonadams.com 970.925.2855 U Page 3 of 17 Aspen Hills Affordable Housing Section I: Existing Conditions The Aspen Hills property is a 15,160 square foot site on Midland Avenue in the Smuggler neighborhood. The property is developed with one building containing eight residences and eight on-site parking spaces. The building has been condominiumized into eight separate ownership interests, plus a common area. The property is posted as 331-338 Midland Avenue. The property was originally part of the Mascotte and “99” lode claims. A roughly 1-acre portion was conveyed by deed to the Aspen Construction Company in 1965. The entire 1-acre property was conveyed to John Villari in 1969. The southern portion of the property, roughly 28,622 square feet, was conveyed back to the Aspen Construction Company in 1970, creating the basis for the property boundary today. The property to the South is developed with a multi-family building commonly known as Aspen View. The building was constructed in 1965, originally as all two-bedroom units. One of the units, Unit 336, was converted into a one-bedroom unit according to permit records on file with the City of Aspen Building Department. Other improvements on record are typical interior upgrades and egress window improvements. Another unit appears to have been converted to a one-bedroom without a building permit. This application proposes reverting the illegal improvements to reinstate a two-bedroom unit. Two parcels, noted on the survey as parcel 1 and parcel 2, were conveyed to the Board of Commissioners of the Pitkin County Housing Authority in 1978 for “roadway purposes.” This conveyance appears to have been in-lieu of condemnation proceedings. For the purposes of this application, these parcels have been considered public right-of-way. Access to the property is from Midland Avenue. Eight on-site parking spaces are located in front of the structure, entirely within the property. Each parking space has a second, tandem space located within the right-of-way. For purposes of this application, only the eight on-site spaces have been counted as legitimate existing parking. Parking requirements for this property, according to Chapter 26.515 of the City’s land use code, are the lower of one unit per bedroom or two per unit. Seven two-bedroom units and 1 one-bedroom unit therefore require 15 parking spaces. The existing condition, counting only those spaces entirely on-site, represents an existing parking deficit of 7 spaces. A few of the units have been upgraded with newer windows/doors and larger egress windows for the lower level bedrooms. Other units maintain vintage conditions and will likely require upgrades Parcel ID Numbers Unit Parcel ID A1 2737-074-05-001 A2 2737-074-05-006 A3 2737-074-05-002 A4 2737-074-05-008 A5 2737-074-05-007 A6 2737-074-05-003 A7 2737-074-05-005 A8 2737-074-05-004 Common Area 2737-074-05-801 Page 4 of 17 Aspen Hills Affordable Housing by the applicant prior to acceptance into the housing inventory. Clarification on these conditions will be contained in the pending PCNA and Energy reports. The property was originally part of the Mascotte Lode and 99 Lode (mining claims) which extend onto the face of Smuggler Mountain. Transfer by warrantee deed of approximately 1 acre to the Aspen Construction Corporation in 1965 pre-dated County subdivision standards, as did the transfer by warrantee deed to John Villari of the entire one-acre parcel in 1969. Villari condominiumized the 8-unit building and the property in 1969 and conveyed at least one unit. Transfer back to the Aspen Construction Company of the southern, approximately 28,622 s.f., portion of the 1-acre parcel occurred in 1970, also pre-dating City/County subdivision standards. This is the basis for the property today. The title commitment documents these transfers. The 1970 transfer established the southern and eastern boundaries along the edge of existing improvements as reflected in the survey. The southern boundary traces the balcony, including the stairs. The eastern boundary traces the building footprint, including the below grade utility area. These property boundaries created non- conforming setback conditions, diagrammed in the attached drawing set and highlighted to the right. Floor Area and Net Livable measurements have been provided by Alius Design according the Calculations and Measurements section (26.575.020) of the City of Aspen Land Use Code. The Floor Area of the building is approximately 5,040, well below the allowable of approximately 11,369 s.f. (not accounting for potential slope reduction). The existing trash/recycle area is accessed off Midland at the corner of the property. It is within the right-of-way but outside the roadway. This is also the location of the mail pedestal and several utility connection pedestals. U Aspen Hills As-Built Information Unit Beds Baths Net Livable s.f. 331 2 1 852 332 2 1 807 333 2 1 861 334 2 1 861 335 2 1 861 336 2 1 861 337 2 1 866 338 2 1 866 Page 5 of 17 Aspen Hills Affordable Housing Section II: Project Description/The Proposal The application proposes repurposing the Aspen Hills building as affordable housing. Eight two- bedroom affordable housing units, according to the standards of Section 26.470.100.A.2, will house eighteen employees. (2.25 FTEs/unit). The application proposes these units to be rentals and for sale units, restricted to affordable rental rates and sale prices. The rental/sale mix is to respect ongoing purchase discussions and account for potential hold-over owners/tenants. The applicant is suggesting these units be Category 2 or Category 3, or combination thereof. This property, while free-market, serves as local employee housing and vacation rentals. It is exactly these types of units that slowly transition out of local usage due to escalating prices, increasing demands on the affordable housing inventory. This proposal counters this trend by utilizing the City’s Credits program and permanently securing these units as affordable housing. All forms of affordable housing are desperately needed in the upper valley. Affordable rentals are in significant demand. The proposal locates affordable housing within an existing neighborhood, walking/biking distance to downtown, with great access to transit, and with very little construction impacts. The building and its units are in good working order and minimal improvements will be necessary. Interior work contemplates improvements to systems, fixtures, finishes, and appliances. Each unit is different, so some units will maintain current status or have minimal upgrades while other units will be more-substantially overhauled. Energy improvements contemplate window, door, and sealing/insulation upgrades. Exterior work contemplates refurbishment or potential replacement of the existing decks, and installing larger egress window wells for the lower level bedrooms. Installing larger window wells will have a marginal impact on Floor Area. But the property is currently well below the maximum allowance. Units average approximately 854 s.f. of net livable area each. This is only 5% below the APCHA standard of 900 s.f. for a two-bedroom unit but well within the 20% tolerance for acceptance. The units provide comfortable living conditions with the living/dining/kitchen areas on the main level and bedrooms below. Each unit has ample natural light, is 50% or more above grade, and has a washer/dryer. Each unit enjoys storage and one dedicated on-site parking space. The site is walking/biking distance to downtown, parks and recreation amenities, and is well-served by transit. The applicant has previously presented this opportunity to the APCHA Board on March 2 and August 3, 2016; at both meetings, the Board expressed their support of the project. The applicant is requesting APCHA accept these units at their current size. Allowing these units to be slightly below the 900 s.f. requirement enables them to be two-bedroom units (instead of one-bedroom units) thereby providing more local housing towards a significant community need. The application proposes correcting the illegal construction by reinstating a two-bedroom unit. The one unit that was legally converted into a one-bedroom is proposed to be returned to a two- bedroom unit. An extensive capital assessment and an energy audit is being performed and will have been completed prior to review by the Housing Board and the Planning and Zoning Commission. The results of this analysis will indicate the required upgrades to be accomplished prior to deed restriction and acceptance into the affordable housing inventory. The analysis will provide a capital improvement schedule for future improvements and a basis for initial funding of a capital reserve account for the property. Page 6 of 17 Aspen Hills Affordable Housing The applicant is requesting the capital assessment and energy audit information be translated into a pre-occupancy work program and capital reserve fund to be reviewed by APCHA staff, endorsed by the Housing Board, and ultimately adopted by the Planning and Zoning Commission as a series of conditions that must be met prior to APCHA accepting the units into the affordable housing inventory. The project fully complies with the RMF Zone District, excepting those existing setback non- conformities stated above. The applicant is requesting that the Planning and Zoning Commission recognize the existing non-conformities, grant the requested growth management approvals, exempt the project from the City’s Residential Design Standards, and authorize issuance of Certificates of Affordable Housing Credit for 18 FTEs at the Category rate finally set by the applicant. The applicant is contemplating a future expansion utilizing the northern vacant section of the property. This expansion would be a separate free standing building of affordable housing. At this time, no specific designs are proposed and the applicant is not requesting consideration or approval. If an expansion is proposed, the applicant understands the expansion must comply with the requirements effective at the time of submission and be reviewed according to the then process. Pursuant to prior discussions with the APCHA Board, the applicant is willing at this time to commit that the future phase be 100% affordable housing, and with the Category designation to be determined by the applicant at the time of application for that approval. Page 7 of 17 Aspen Hills Affordable Housing Section III: Review Requirements A. Common Development Review Procedures This land use application is submitted pursuant to and subject to the requirements of Chapter 26.304 – Common Development Review Procedures – of the City of Aspen Land Use Code. B. Residential Design Standards RDS This application is subject to the City’s Residential Design Standards and the applicant is seeking exemption under exemption provision 26.410.010.C.1 – An addition or remodel to an existing structure that does not change the exterior of the building; and, provision 2 – A remodel of a structure where the alterations proposed change the exterior of the building, but are not addressed by any of the residential design standards. Expected interior improvements will be to fixtures, finishes, and equipment to meet the expectations of the Aspen/Pitkin County housing authority and their Marketability Standards adopted July 6, 2016. These interior improvements clearly fall under exemption 1. Exterior improvements are expected to be some recladding of the deck surface, upgrades to windows and doors for energy efficiency, upgrades to egress windows for life/safety, and other minor improvements for aesthetic and durability purposes. The minor level of exterior changes do not afford the opportunity to re-orient the building or make major changes to the mass of the building. And, the changes are not addressed by the Standards, falling under exemption provision 2. C. Growth Management Review. The project proposes to refurbish and re-use the existing Aspen Hills building. Demolition is not proposed to be triggered. Upgrades include interior renovations, building envelope improvements for energy efficiency, and improvements to aesthetics and existing egress conditions. The eight existing residences are free-market (unrestricted) and the application proposes these units be deed restricted as affordable housing, rental and/or for sale, Category 2 or Category 3. Responses to relevant growth management criteria are as follows: 26.470.040.3 Remodeling or expansion of existing multi-family residential development. The remodeling of existing multi-family residential dwellings shall be exempt from growth management provided that no additional Floor Area is added to the property and provided demolition of a unit or structure does not occur. When an expansion of Floor Area occurs, see Section 26.470.060, subsection 2. When demolition occurs, see Paragraph 26.470.070.6, Demolition or redevelopment of multi-family housing. (Also see definition of demolition, Section 26.104.100.) Response – The application proposes refurbishment of these existing units and conversion to affordable housing. A minimal increase to the property’s Floor Area may occur as a result of improving egress conditions from subgrade bedrooms. As the property is proposed as affordable housing, the mitigation requirements do not apply. Page 8 of 17 Aspen Hills Affordable Housing 26.470.050.B General Requirements: All development applications for growth management review shall comply with the following standards. The reviewing body shall approve, approve with conditions, or deny an application for growth management review based on the following generally applicable criteria and the review criteria applicable to the specific type of development: 1. Sufficient growth management allotments are available to accommodate the proposed development, pursuant to Subsection 26.470.030.D. Applications for multi-year allotments, pursuant to Paragraph 26.470.090.1 shall not be required to meet this standard. Response – This application requests eight allotments of affordable housing. According to section 26.470.030.D, no annual limit applies to affordable housing. 2. The proposed development is compatible with land uses in the surrounding area, as well as with any applicable adopted regulatory master plan. Response – This multi-family residential building is intended to be re-used with minimal changes to its aesthetic character. The neighborhood is a mix of single-family, duplex and multi-family housing – both free-market and affordable housing. The property is consistent with this mix and the conversion from free-market to affordable represents minimal if any change to its compatibility with the neighborhood. 3. The development conforms to the requirements and limitations of the zone district. Response – The development conforms to the RMF Zone District, except for existing non- conforming setback conditions along the south and east property boundaries. These appear to be a result of the ownership conveyance which affected a subdivision of the property in 1970. (Please refer to the conveyance deed rescored at 143387 with Pitkin County Clerk.) The proposal maintains and does not worsen these setback conditions. Contained in this application is a request for a one-space parking variance. This would allow one unit that was officially converted to a one-bedroom unit to be officially returned to a two-bedroom configuration. 4. The proposed development is consistent with the Conceptual Historic Preservation Commission approval, the Conceptual Commercial Design Review approval, and the Planned Development – Project Review approval, as applicable. Response – The development proposed is a re-use of an existing building and has not been required to be reviewed as a Planned Development. The property is 100% residential and is not historically designated. 5. Unless otherwise specified in this Chapter, sixty percent (60%) of the employees generated by the additional commercial or lodge development, according to Subsection 26.470.100.A, Employee generation rates, are mitigated through the provision of affordable housing. The employee generation mitigation plan shall be approved pursuant to Paragraph 26.470.070.4, Affordable housing, at Category 4 rate as defined in the Aspen/Pitkin County Page 9 of 17 Aspen Hills Affordable Housing Housing Authority Guidelines, as amended. An applicant may choose to provide mitigation units at a lower category designation. If an applicant chooses to use a Certificate of Affordable Housing Credit as mitigation, pursuant to Chapter 26.540, such Certificate shall be extinguished pursuant to Chapter 26.540.90 Criteria for Administrative Extinguishment of the Certificate. Response – Not applicable. The development contains no commercial or lodging components and does not generate employees according to section 26.470.100.A. 6. Affordable housing net livable area, for which the finished floor level is at or above natural or finished grade, whichever is higher, shall be provided in an amount equal to at least thirty percent (30%) of the additional free-market residential net livable area, for which the finished floor level is at or above natural or finished grade, whichever is higher. Affordable housing shall be approved pursuant to Paragraph 26.470.070.4, Affordable housing, and be restricted to a Category 4 rate as defined in the Aspen/Pitkin County Housing Authority Guidelines, as amended. An applicant may choose to provide mitigation units at a lower category designation. Affordable housing units that are being provided absent a requirement ("voluntary units") may be deed-restricted at any level of affordability, including residential occupied. If an applicant chooses to use a Certificate of Affordable Housing Credit as mitigation, pursuant to Chapter 26.540, such Certificate shall be extinguished pursuant to Chapter 26.540.90 Criteria for Administrative Extinguishment of the Certificate, utilizing the calculations in Section 26.470.100 Employee/Square Footage Conversion. Response – Not applicable. The proposal is to re-purpose all eight free-market residential units as affordable housing. No additional free-market residential square footage is proposed. 7. The project represents minimal additional demand on public infrastructure, or such additional demand is mitigated through improvement proposed as part of the project. Public infrastructure includes, but is not limited to, water supply, sewage treatment, energy and communication utilities, drainage control, fire and police protection, solid waste disposal, parking and road and transit services. Response – The proposal re-purposes and an existing residential building that is already served. Minimal interior upgrades are proposed and no changes to service requirements are expected. No changes to existing fixture counts are proposed. The applicant commits to mitigating any additional demands on the public infrastructure as required by City Codes. 26.470.070.2 Change in use. A change in use of an existing property, structure or portions of an existing structure between the development categories identified in Section 26.470.020 (irrespective of direction), for which a certificate of occupancy has been issued for at least two (2) years and which is intended to be reused, shall be approved, approved with conditions, or denied by the Planning and Zoning Commission based on the general requirements outlined in Section 26.470.050. No more than one (1) free-market residential unit may be created through the change-in-use. Page 10 of 17 Aspen Hills Affordable Housing Response – See below for response the general requirements. The proposal does not involve creation of an additional free-market unit. 26.470.070.4 Affordable housing. The development of affordable housing deed-restricted in accordance with the Aspen/Pitkin County Housing Authority Guidelines shall be approved, approved with conditions, or denied by the Planning and Zoning Commission based on the following criteria: a. The proposed units comply with the Guidelines of the Aspen/Pitkin County Housing Authority. A recommendation from the Aspen/Pitkin County Housing Authority shall be required for this standard. The Aspen/Pitkin County Housing Authority may choose to hold a public hearing with the Board of Directors. Response – A complete capital assessment and energy audit of the building is underway, the results of which will be used to address the Aspen/Pitkin County Housing Authority’s recently adopted “Marketability Standards.” These standards were adopted as an extension of the Guidelines by the Housing Board to ensure existing housing units proposed for deed restriction are of a sufficient quality and have a sufficient capital reserve for long-term success. The proposed units are high quality but are expected to require upgrades to meet the Marketability Standards. A recommendation from APHCA regarding these studies and the newly adopted standards is expected. The units are slightly below the minimum net livable size specifications stated in the Guidelines but well within the acceptable tolerance. The Housing Guidelines allow for up to a 20% reduction in size. b. Affordable housing required for mitigation purposes shall be in the form of actual newly built units or buy-down units. Off-site units shall be provided within the City limits. Units outside the City limits may be accepted as mitigation by the City Council, pursuant to Paragraph 26.470.090.2. If the mitigation requirement is less than one (1) full unit, a fee-in-lieu payment may be accepted by the Planning and Zoning Commission upon a recommendation from the Aspen/Pitkin County Housing Authority. If the mitigation requirement is one (1) or more units, a fee-in-lieu payment shall require City Council approval, pursuant to Paragraph 26.470.090.3. A Certificate of Affordable Housing Credit may be used to satisfy mitigation requirements by approval of the Community Development Department Director, pursuant to Section 26.540.080 Extinguishment of the Certificate. Required affordable housing may be provided through a mix of these methods. Response – The proposed affordable housing units utilize an existing eight-unit building, “buying-down” the units to affordable status in exchange for affordable housing certificates. c. Each unit provided shall be designed such that the finished floor level of fifty percent (50%) or more of the unit's net livable area is at or above natural or finished grade, whichever is higher. This dimensional requirement may be varied through Special Review, Pursuant to Chapter 26.430. Page 11 of 17 Aspen Hills Affordable Housing Response – The eight existing units were developed in a townhome configuration with the entry, living room and kitchen on the upper level, and with two bedrooms, a bathroom, and laundry on the lower level. The units along the front of the building (facing Midland) are developed with walk-out capability on the lower level. One of the two units on this end has been retrofitted with a sliding door. The lower level of the units along the rear of the property (east side) are nearly subgrade, making the units come close to the 50% limitation. Please refer to the drawing set which shows site and building sections. d. The proposed units shall be deed-restricted as "for sale" units and transferred to qualified purchasers according to the Aspen/Pitkin County Housing Authority Guidelines. The owner may be entitled to select the first purchasers, subject to the aforementioned qualifications, with approval from the Aspen/Pitkin County Housing Authority. The deed restriction shall authorize the Aspen/Pitkin County Housing Authority or the City to own the unit and rent it to qualified renters as defined in the Affordable Housing Guidelines established by the Aspen/Pitkin County Housing Authority, as amended. The proposed units may be rental units, including but not limited to rental units owned by an employer or nonprofit organization, if a legal instrument in a form acceptable to the City Attorney ensures permanent affordability of the units. The City encourages affordable housing units required for lodge development to be rental units associated with the lodge operation and contributing to the long-term viability of the lodge. Units owned by the Aspen/Pitkin County Housing Authority, the City of Aspen, Pitkin County or other similar governmental or quasi- municipal agency shall not be subject to this mandatory "for sale" provision. Response – These units are proposed as affordable rentals and/or for sale units. The rental/sale mix is to respect ongoing purchase discussions and account for potential hold- over owners/tenants. The applicant is suggesting these be limited to a mix of Category 2 and 3. e. Non-Mitigation Affordable Housing. Affordable housing units that are not required for mitigation, but meet the requirements of Section 26.470.070.4(a-d). The owner of such non-mitigation affordable housing is eligible to receive a Certificate of Affordable Housing Credit pursuant to Chapter 26.540. Response – The application proposes these non-mitigation units in exchange for Certificates of Affordable Housing Credit. The eight two-bedroom units house 18 employees, according to Section 26.470.100.A.2. (2.25 employees housed for each two- bedroom unit). The application requests the issuance of a Certificate in the amount of 18 Category 2 or Category 3 FTEs upon completion of the required improvements and APCHA’s acceptance of the units into the affordable inventory. Page 12 of 17 Aspen Hills Affordable Housing 26.470.070.5 Demolition or redevelopment of multi-family housing. The City's neighborhoods have traditionally been comprised of a mix of housing types, including those affordable by its working residents. However, because of Aspen's attractiveness as a resort environment and because of the physical constraints of the upper Roaring Fork Valley, there is constant pressure for the redevelopment of dwellings currently providing resident housing for tourist and second-home use. Such redevelopment results in the displacement of individuals and families who are an integral part of the Aspen work force. Given the extremely high cost of and demand for market-rate housing, resident housing opportunities for displaced working residents, which are now minimal, will continue to decrease. Preservation of the housing inventory and provision of dispersed housing opportunities in Aspen have been long-standing planning goals of the community. Achievement of these goals will serve to promote a socially and economically balanced community, limit the number of individuals who face a long and sometimes dangerous commute on State Highway 82, reduce the air pollution effects of commuting and prevent exclusion of working residents from the City's neighborhoods. The Aspen Area Community Plan established a goal that affordable housing for working residents be provided by both the public and private sectors. The City and the Aspen/Pitkin County Housing Authority have provided affordable housing both within and adjacent to the City limits. The private sector has also provided affordable housing. Nevertheless, as a result of the replacement of resident housing with second homes and tourist accommodations and the steady increase in the size of the workforce required to assure the continued viability of Aspen area businesses and the City's tourist-based economy, the City has found it necessary, in concert with other regulations, to adopt limitations on the combining, demolition or conversion of existing multi-family housing in order to minimize the displacement of working residents, to ensure that the private sector maintains its role in the provision of resident housing and to prevent a housing shortfall from occurring. The combining, demolition, conversion or redevelopment of multi-family housing shall be approved, approved with conditions or denied by the Planning and Zoning Commission based on compliance with the following requirements (see definition of demolition.): 1. Requirements for combining, demolishing, converting or redeveloping free-market multi- family housing units: Only one (1) of the following two (2) options is required to be met when combining, demolishing, converting or redeveloping a free-market multi-family residential property. To ensure the continued vitality of the community and a critical mass of local working residents, no net loss of density (total number of units) between the existing development and proposed development shall be allowed. a. One-hundred-percent replacement. In the event of the demolition of free-market multi- family housing, the applicant shall have the option to construct replacement housing consisting of no less than one hundred percent (100%) of the number of units, bedrooms and net livable area demolished. The replacement units shall be deed- restricted as resident occupied affordable housing, pursuant to the Guidelines of the Aspen/Pitkin County Housing Authority. An applicant may choose to provide mitigation units at a lower category designation. Each replacement unit shall be approved pursuant to Subsection 4, Affordable housing, of this Section. Page 13 of 17 Aspen Hills Affordable Housing When this one-hundred-percent standard is accomplished, the remaining development on the site may be free-market residential development with no additional affordable housing mitigation required as long as there is no increase in the number of free-market residential units on the parcel. Free-market units in excess of the total number originally on the parcel shall be reviewed pursuant to Paragraph 26.470.070.3, Expansion of free-market residential units within a multi-family or mixed- use development. b. Fifty-percent replacement. In the event of the demolition of free-market multi-family housing and replacement of less than one hundred percent (100%) of the number of previous units, bedrooms or net livable area as described above, the applicant shall be required to construct affordable housing consisting of no less than fifty percent (50%) of the number of units, bedrooms and the net livable area demolished. The replacement units shall be deed-restricted as Category 4 housing, pursuant to the guidelines of the Aspen/Pitkin County Housing Authority. An applicant may choose to provide mitigation units at a lower category designation. Each replacement unit shall be approved pursuant to Paragraph 26.470.070.4, Affordable housing. When this fifty-percent standard is accomplished, the remaining development on the site may be free-market residential development as long as additional affordable housing mitigation is provided pursuant to Paragraph 26.470.070.3, Expansion of free- market residential units within a multi-family or mixed-use project, and there is no increase in the number of free-market residential units on the parcel. Free-market units in excess of the total number originally on the parcel shall be reviewed pursuant to Paragraph 26.470.070.7, New free-market residential units within a multi-family or mixed-use project. c. One-hundred percent affordable housing replacement. When one-hundred-percent of the free-market multi-family housing units are demolished and are solely replaced with deed-restricted affordable housing units on a site that are not required for mitigation purposes, including any net additional dwelling units, pursuant to Section 26.470.070.4, Affordable Housing; all of the units in the redevelopment are eligible for a Certificate of Affordable Housing Credit, pursuant to Section 26.540 Certificate of Affordable Housing Credit. Any remaining unused free market residential development rights shall be vacated. 2. Requirements for demolishing affordable multi-family housing units: In the event a project proposes to demolish or replace existing deed-restricted affordable housing units, the redevelopment may increase or decrease the number of units, bedrooms or net livable area such that there is no decrease in the total number of employees housed by the existing units. The overall number of replacement units, unit sizes, bedrooms and category of the units shall be reviewed by the Aspen/Pitkin County Housing Authority and a recommendation forwarded to the Planning and Zoning Commission. 3. Fractional unit requirement. When the affordable housing replacement requirement of this Section involves a fraction of a unit, cash-in-lieu may be provided only upon the review and approval of the City Council, to meet the fractional requirement only, pursuant to Paragraph 26.470.090.3, Provision of required affordable housing via a cash-in-lieu payment. 4. Location requirement. Multi-family replacement units, both free-market and affordable, shall be developed on the same site on which demolition has occurred, unless the owner shall demonstrate and the Planning and Zoning Commission determines that replacement Page 14 of 17 Aspen Hills Affordable Housing of the units on site would be in conflict with the parcel's zoning or would be an inappropriate solution due to the site's physical constraints. When either of the above circumstances result, the owner shall replace the maximum number of units on site which the Planning and Zoning Commission determines that the site can accommodate and may replace the remaining units off site, at a location determined acceptable to the Planning and Zoning Commission. A recommendation from the Aspen/Pitkin County Housing Authority shall be considered for this standard. 5. Timing requirement. Any replacement units required to be deed-restricted as affordable housing shall be issued a certificate of occupancy, according to the Building Department, and be available for occupancy at the same time as, or prior to, any redeveloped free- market units, regardless of whether the replacement units are built on site or off site. 6. Redevelopment agreement. The applicant and the City shall enter into a redevelopment agreement that specifies the manner in which the applicant shall adhere to the approvals granted pursuant to this Section and penalties for noncompliance. The agreement shall be recorded before an application for a demolition permit may be accepted by the City. 7. Growth management allotments. The existing number of free-market residential units, prior to demolition, may be replaced exempt from growth management, provided that the units conform to the provisions of this Section. The redevelopment credits shall not be transferable separate from the property unless permitted as described above in Subparagraph d, Location requirement. 8. Exemptions. The Community Development Director shall exempt from the procedures and requirements of this Section the following types of development involving Multi-Family Housing Units. An exemption from these replacement requirements shall not exempt a development from compliance with any other provisions of this Title: a. The replacement of Multi-Family Housing Units after non-willful demolition such as a flood, fire, or other natural catastrophe, civil commotion, or similar event not purposefully caused by the land owner. The Community Development Director may require documentation be provided by the landowner to confirm the damage to the building was in-fact non-willful. To be exempted, the replacement development shall be an exact replacement of the previous number of units, bedrooms, and square footage and in the same configuration. The Community Development Director may approve exceptions to this exact replacement requirement to accommodate changes necessary to meet current building codes; improve accessibility; to conform to zoning, design standards, or other regulatory requirements of the City; or, to provide other architectural or site planning improvements that have no substantial effect on the use or program of the development. (Also see Chapter 26.312 – Nonconformities.) Substantive changes to the development shall not be exempted from this Section and shall be reviewed as a willful change pursuant to the procedures and requirements of this Section. b. The demolition of Multi-Family Housing Units by order of a public agency including, but not limited to, the City of Aspen for reasons of preserving the life, health, safety, or general welfare of the public. c. The demolition, combining, conversion, replacement, or redevelopment of Multi- Family Housing Units which have been used exclusively as tourist accommodations Page 15 of 17 Aspen Hills Affordable Housing or by non-working residents. The Community Development Director may require occupancy records, leases, affidavits, or other documentation to the satisfaction of the Director to demonstrate that the unit(s) has never housed a working resident. All other requirements of this Title shall still apply including zoning, growth management, and building codes.) d. The demolition, combining, conversion, replacement, or redevelopment of Multi- Family Housing Units which were illegally created (also known as “Bandit Units”). Any improvements associated with Bandit Units shall be required to conform to current requirements of this Title including zoning, growth management, and building codes. Replaced or redeveloped Bandit Units shall be deed restricted as Resident Occupied affordable housing, pursuant to the Guidelines of the Aspen/Pitkin County Housing Authority e. Any development action involving demising walls or floors/ceilings necessary for the normal upkeep, maintenance, or remodeling of adjacent Multi-Family Housing Units. f. A change order to an issued and active building permit that proposes to exceed the limitations of remodeling/demolition to rebuild portions of a structure which, in the opinion of the Community Development Director, should be rebuilt for structural, safety, accessibility, or significant energy efficiency reasons first realized during construction, which were not known and could not have been reasonably predicted prior to construction, and which cause no or minimal changes to the exterior dimensions and character of the building. Response – The applicant is not proposing demolition of the structure; rather, conversion of the units from free-market housing to affordable housing. The applicant is proposing replacement option C – “One-hundred percent affordable housing replacement.” No net loss of density will occur and all units will be deed restricted as affordable housing. As the units are not required for mitigation purposes, they are eligible for issuance of Certificates of Affordable Housing Credit, pursuant to Section 26.540 (criteria address below). The free-market residential redevelopment rights will not be replaced. D. Certificates of Affordable Housing Credit 26.540.070 Review criteria for establishing an affordable housing credit. An Affordable Housing Credit may be established by the Planning and Zoning Commission if all of the following criteria are met. The proposed units do not need to be constructed prior to this review. A. The proposed affordable housing unit(s) comply with the review standards of Section 26.470.070.4(a-d). Response –These standards are addressed above. B. The affordable housing unit(s) are not an obligation of a Development Order and are not otherwise required by this Title to mitigate the impacts of development. Response – The proposed units are not committed by a Development Order and are not needed to satisfy mitigation requirements for any other development. Page 16 of 17 Aspen Hills Affordable Housing E. Parking Code Section 26.515.030 states the on-site parking requirement as the lesser of one space per bedroom or two per unit. The existing 7 two-bedroom units and 1 one-bedroom unit require 15 parking spaces. The existing development has eight on-site spaces along the front of the building, head-in accessed from Midland Avenue. Each space has a second, tandem space located within the right-of-way. This second row of parking has served the property without conflicting with travel patterns. For the purposes of this application, only the first eight on-site spaces have been counted as meeting the parking requirement. This leaves the property with a seven space deficit. This deficit will be carried-forward with the repurposing of the building as affordable housing. The reconfiguration of one unit (#336) back to a two-bedroom unit requires the addition of one parking space on-site. This is not physically practical or logistically needed. The project was originally constructed with eight two-bedroom units and eight parking spaces. Each unit will continue to have one official on-site space and be eligible for neighborhood parking according to City policy. The property is easy walking distance to downtown via the Hopkins Avenue pedestrian bridge and the Hunter Creek bus stop is one block away. The property is ideally situated for minimal daily auto needs and the existing parking is currently typically used for long-term car storage. E. Variance for One Parking Space 26.314.040. Standards applicable to variances. A. In order to authorize a variance from the dimensional requirements of Title 26, the appropriate decision-making body shall make a finding that the following three (3) circumstances exist: 1. The grant of variance will be generally consistent with the purposes, goals, objectives and policies of this Title and the Municipal Code; and 2. The grant of variance is the minimum variance that will make possible the reasonable use of the parcel, building or structure; and 3. Literal interpretation and enforcement of the terms and provisions of this Title would deprive the applicant of rights commonly enjoyed by other parcels in the same zone district and would cause the applicant unnecessary hardship, as distinguished from mere inconvenience. In determining whether an applicant's rights would be deprived, the Board shall consider whether either of the following conditions apply: a) There are special conditions and circumstances which are unique to the parcel, building or structure, which are not applicable to other parcels, structures or buildings in the same zone district and which do not result from the actions of the applicant; or Page 17 of 17 Aspen Hills Affordable Housing b) Granting the variance will not confer upon the applicant any special privilege denied by the terms of this Title and the Municipal Code to other parcels, buildings or structures, in the same zone district. B. In order to authorize a variance from the permitted uses of Title 26, the appropriate decision-making body shall make a finding that all of the following circumstances exist: 1. Notice by publication, mailing and posting of the proposed variance has been provided to surrounding property owners in accordance with Subparagraphs 26.304.060.E.3.a.—c. 2. A variance is the only reasonable method by which to afford the applicant relief, and to deny a variance would cause the applicant unnecessary hardship such that the property would be rendered practically undevelopable, as distinguished from mere inconvenience. 4. The temporary off-site storage or construction staging can be undertaken in such a manner so as to minimize disruption, if any, of normal neighborhood activities surrounding the subject parcel. 5. If ownership of the off-site parcel subject to the proposed variance is not vested in the applicant, then verified written authorization of the parcel's owner must be provided. 6. Adequate provision is made to restore the subject parcel to its original condition upon expiration of the variance, including the posting of such financial security as deemed appropriate and necessary by the appropriate decision-making body to ensure such restoration. Response: The property was originally developed with eight two-bedroom units, according to the development standards at the time. The property was developed with and still has eight head- in on-site parking spaces and another eight tandem spaces located in the public right-of-way. This second set of spaces are out of the travel way and do not infringe on traffic movements. The applicant understands these spaces exist at the City’s discretion. The property functioned this way for roughly 40 years. Roughly 10 years ago one unit was officially converted (via building permit) into a one-bedroom unit by removing a demising wall between bedrooms. The application seeks to return the two-bedroom status to the unit, thereby triggering the technical additional parking space requirement. There’s no reasonable, practical way to implement this additional space. Furthermore, there does not appear to be a significant achievement to be gained. The project will essentially be the same project. The impact of not approving the variance, however, is to restrict this one unit to a one- bedroom, housing fewer employees locally, and causing another commuter car on the highway. Many of the condominium complexes in this neighborhood do not have on-site parking or have inadequate on-site parking. This is an outcome of the development standards at the time of initial construction. Overall, the neighborhood parking situation has reached an equilibrium. There are adequate street parking spaces available on any given day. The variance would allow continuation of the original development scenario for this property – eight two-bedroom units, each with one legal parking space and a second informal space currently in the right-of-way. CITY OF ASPEN COMMUNITY DEVELOPMENT DEPARTMENT March, 2016 City of Apen|130 S. Galena St.|(970) 920 5050 ATTACHMENT 2 – LAND USE APPLICATION PROJECT: Name: _______________________________________________________________________________________________ Location:_______________________________________________________________________________________________ Parcel ID # (REQUIRED) APPLICANT: Name: _______________________________________________________________________________________________ Address: _______________________________________________________________________________________________ Phone #: REPRESENTIVATIVE: Name: _________________________________________________________________________________________________ Address:________________________________________________________________________________________________ Phone#: TYPE OF APPLICATION: (Please check all that apply): EXISTING CONDITIONS: (description of existing buildings, uses, previous approvals, etc.) PROPOSAL: (Description of proposed buildings, uses, modifications, etc.) Have you attached the following? FEES DUE: $ ______________ Pre-Application Conference Summary Attachment #1, Signed Fee Agreement Response to Attachment #3, Dimensional Requirements Form Response to Attachment #4, Submittal Requirements – including Written Responses to Review Standards 3-D Model for large project All plans that are larger than 8.5” X 11” must be folded. A disk with an electric copy of all written text (Microsoft Word Format) must be submitted as part of the application. Large scale projects should include an electronic 3-D model. Your pre-application conference summary will indicate if you must submit a 3-D model. GMQS Exemption Conceptual PUD Temporary Use GMQS Allotment Final PUD (& PUD Amendment) Special Review Subdivision Conceptual SPA ESA – 8040 Greenline, Stream Subdivision Exemption (includes Margin, Hallam Lake Bluff, Condominiumization) Mountain View Plane Final SPA (&SPA Commercial Design Review Lot Split Amendment) Residential Design Variance Lot Line Adjustment Small Lodge Conversion/ Expansion Conditional Use Other: Aspen Hills Condominiums 331-338 Midland Avenue; Aspen, CO 81611 Chris Bendon, AICP; BendonAdams 300 So. Spring Street St. 202; Aspen, CO 81611 970.925.2855 WEB2 Capital LLC, a Colorado limited liability company, William Boehringer, CEO. 917.977.0541 Seven 2-bedroom, One 1-bedroom individually-owned, free-market residences in one multi-family building. Maintain existing building, aesthetic and capital improvements as required by the Aspen/Pitkin County Housing Authority. Conversion to affordable housing for certificates of AH credit. Units: 2737-074-05-001 through 008. Common area: 2737-074-05-801. - Change in use, replacement Certificates of AH Credit, parking variance PO Box 3807; Aspen, CO 81612 5,200 Exhibit 1 CITY OF ASPEN COMMUNITY DEVELOPMENT DEPARTMENT March, 2016 City of Apen|130 S. Galena St.|(970) 920 5050 ATTACHMENT 3 DIMENSIONAL REQUIREMENTS FORM Project: ______________________________________________________________________________ Applicant: ______________________________________________________________________________ Location: ______________________________________________________________________________ Zone District: ______________________________________________________________________________ Lot Size: _______________________________________________________________________________ Lot Area: _______________________________________________________________________________ (For the purpose of calculating Floor Area, Lot Area may be reduced for areas within the high-water mark, easement, and steep slopes. Please refer to the definition of Lot Area in the Municipal Code.) Commercial net leasable: Existing: _____________ Proposed: _________________________________ Number of residential units: Existing: _____________ Proposed: _________________________________ Number of bedrooms: Existing: _____________ Proposed: _________________________________ Proposed % of demolition (Historic properties only): ______________ DIMENSIONS: Floor Area: Existing: _____________ Allowable: ___________Proposed ____________ Principal bldg. height: Existing: _____________ Allowable: ___________Proposed____________ Access. Bldg. height: Existing: _____________ Allowable: __________ Proposed_____________ On-Site parking: Existing: _____________ Required: ___________Proposed_____________ % Site coverage: Existing: _____________ Required: ___________Proposed_____________ % Open Space: Existing: _____________ Required: ___________Proposed_____________ Front Setback: Existing: _____________ Required ____________Proposed _____________ Rear Setback: Existing: _____________ Required: ___________Proposed _____________ Combined F/F: Existing: _____________ Required ___________ Proposed _____________ Side Setback: Existing: _____________ Required: ___________Proposed _____________ Side Setback: Existing: _____________ Required ___________ Proposed _____________ Combined Sides: Existing: _____________ Required ___________ Proposed _____________ Distance between Bldgs. Existing: _____________ Required: ___________ Proposed _____________ Existing: _____________ Required: ___________Proposed: _____________ Existing non-conformities or encroachments: __________________________________________________ _______________________________________________________________________________________ Variations requested: _____________________________________________________________________ _______________________________________________________________________________________ _______________________________________________________________________________________ Aspen Hills Affordable Housing WEB2 Capital LLC, a Colorado limited liability company Bill Boehringer, Chief Executive Officer 331-338 Midland Avenue; Aspen, CO Residential Multi-Family (RMF) 15,159 s.f. 15,159 s.f. 0 8 15 0 8 16 5,040 5,04011,369 -25'25'no change na 25'na 8 16 8 approx. 24%na no change approx 50%na no change approx. 30'5'5'0-5'no change no change 0-30'na no change 0'5'no change approx. 30'5'no change 0-30'na no change na na no change 0' side and rear yard along south and east property lines. Under-parked by 7 spaces. Acknowledgment of existing side/rear yard and parking conditions. Variance for one parking space to allow reinstatement of two- bedroom unit yep nope no change Exhibit 2 Aspen Hills Condominiums 331-338 Midland Avenue – Vicinity Map ASLU 331 Midland Growth Management 273707405801 1 CITY OF ASPEN PRE-APPLICATION CONFERENCE SUMMARY PLANNER: Justin Barker, 970.429.2797 DATE: 8/25/16 PROJECT: 331-338 Midland Avenue REPRESENTATIVE: Bill Boehringer, 917.977.0541 DESCRIPTION: The applicant is interested in converting an existing structure into affordable housing units to create Certificates of Affordable Housing Credit. The property is located at 331-338 Midland Avenue (Aspen Hills Condominiums) and is zoned as Residential Multi-family (RMF). The structure currently contains 8 existing two-bedroom free-market condominium units. It appears that the existing structure may contain non-conformities. Any non-conformities may be maintained or reduced as long as demolition is not triggered, but may not be expanded. No new non-conformities may be created as a result of this project. The conversion of residential multi-family to affordable housing requires growth management review by P&Z, pursuant to Chapter 26.470.070.5, Demolition or redevelopment of multi-family housing, and Chapter 26.470.070.2, Change in use. The development of affordable housing units will need to meet the criteria as outlined in Chapter 26.470.070.4, Affordable Housing. The creation of Credits also requires review by P&Z. APCHA will need to approve units as both APCHA and the City have minimum design standards. It appears that some of the units are located subgrade. The standards require affordable housing to be a minimum of 50% above grade, or approved through Chapter 26.430, Special Review. As a 100% affordable housing project, the units may be either for-sale or for-rent. All of these are one- step reviews with P&Z and may be consolidated at the same public hearing. If any exterior changes are proposed to the building, they will need to comply with the multi-family development requirements of Chapter 26.410, Residential Design Standards. If proposed exterior changes do not meet the RDS, a variation from P&Z will be required. Additional considerations include off-street parking requirements and trash/recycle storage. An existing deficit of parking may be maintained. The proposed site plan will clearly need to indicate all parking spaces and the designated trash/recycle area that will be used to meet the required standards. Land Use Code Section(s) 26.304 Common Development Review Procedures 26.410 Residential Design Standards 26.430 Special Review 26.470.070.2 Change in use 26.470.070.4 GMQS – Affordable Housing 26.470.070.5 GMQS – Demolition or redevelopment of multi-family housing 26.515 Off-Street Parking 26.540 Certificates of Affordable Housing Credit 26.575.020 Calculations and Measurements 26.710.080 Residential Multi-family (RMF) zone district Municipal Code Section Exhibit 3 2 12.10 Space allotment for Trash and Recycling Storage Below are links to the Land Use Application form and Land Use Code for your convenience: Land Use App: http://www.aspenpitkin.com/Portals/0/docs/City/Comdev/Apps%20and%20Fees/2013%20land%20use%20app%20form.pdf Land Use Code: http://www.aspenpitkin.com/Departments/Community-Development/Planning-and-Zoning/Title-26-Land-Use-Code/ Review by: Staff for completeness and recommendations APCHA, Environmental Health for referrals P&Z for GMQS and Creation of AH Credits. Special Review and RDS (if necessary) Public Hearing: Yes, at P&Z Planning Fees: $3,250 Deposit for 10 hours of staff time (additional planning hours are billed at a rate of $325/hour) Referral Fees: $975 Flat fee for APCHA $975 Flat fee for Environmental Health Total Deposit: $5,200 To apply, submit the following information:  Completed Land Use Application and signed fee agreement.  Pre-application Conference Summary (this document).  Applicant’s name, address and telephone number in a letter signed by the applicant that states the name, address and telephone number of the representative authorized to act on behalf of the applicant.  HOA Compliance form (Attached)  A written description of the proposal and an explanation in written, graphic, or model form of how the proposed development complies with the review standards relevant to the development application and relevant land use approvals associated with the property.  Scaled drawings of the proposed site plan and all proposed structure(s) or addition(s) depicting their form, including their height, massing, scale, proportions and roof plan; and the primary features of all elevations.  Net livable square footage and proposed Category Designation of sale or rental restriction for each unit.  If applicable, the conditions under which reductions from net minimum livable square footage requirements are requested according to Aspen Pitkin County Housing Authority Guidelines.  Proposed employees housed by the affordable housing units in increments of no less than one one-hundredth (0.01) according to Section 26.470.100.2. 3  A site improvement survey (no older than a year from submittal) including topography and vegetation showing the current status of the parcel certified by a registered land surveyor by licensed in the State of Colorado.  An 8 1/2” by 11” vicinity map locating the parcel within the City of Aspen.  1 Complete Copy of all application materials. If the copy is deemed complete by staff, the following items will then need to be submitted:  5 additional copies of the complete application packet and, if applicable, associated drawings.  Total deposit for review of the application.  A digital copy of the application provided in pdf file format. Disclaimer: The foregoing summary is advisory in nature only and is not binding on the City. The summary is based on current zoning, which is subject to change in the future, and upon factual representations that may or may not be accurate. The summary does not create a legal or vested right. Form 5011000 (6-22-10) Page 1 of 2 ALTA Plain Language Commitment (6-17-06) Title Insurance Commitment ISSUED BY First American Title Insurance Company Commitment INFORMATION The Title Insurance Commitment is a legal contract between you and the Company. It is issued to show the basis on which we will issue a Title Insurance Policy to you. The Policy will insure you against certain risks to the land title, subject to the limitations shown in the Policy. The Company will give you a sample of the Policy form, if you ask. The Policy contains an arbitration clause. All arbitrable matters when the Amount of Insurance is $2,000,000 or less shall be arbitrated at the option of either the Company or you as the exclusive remedy of the parties. You may review a copy of the arbitration rules at http://www.alta.org/. The Commitment is based on the land title as of the Commitment Date. Any changes in the land title or the transaction may affect the Commitment and the Policy. The Commitment is subject to its Requirements, Exceptions and Conditions. THIS INFORMATION IS NOT PART OF THE TITLE INSURANCE COMMITMENT. YOU SHOULD READ THE COMMITMENT VERY CAREFULLY. If you have any questions about the Commitment, contact: FIRST AMERICAN TITLE INSURANCE COMPANY 1 First American Way, Santa Ana, California 92707 TABLE OF CONTENTS AGREEMENT TO ISSUE POLICY 1 CONDITIONS 2 SCHEDULE A Insert 1. Commitment Date 2. Policies to be Issued, Amounts and Proposed Insureds 3. Interest in the Land and Owner 4. Description of the Land SCHEDULE B-I - REQUIREMENTS Insert SCHEDULE B-II - EXCEPTIONS Insert AGREEMENT TO ISSUE POLICY We agree to issue policy to you according to the terms of the Commitment. When we show the policy amount and your name as the proposed insured in Schedule A, this Commitment becomes effective as of the Commitment Date shown in Schedule A. If the Requirements shown in this Commitment have not been met within six months after the Commitment Date, our obligation under this Commitment will end. Also, our obligation under this Commitment will end when the Policy is issued and then our obligation to you will be under the Policy. Our obligation under this Commitment is limited by the following: The Provisions in Schedule A. The Requirements in Schedule B-I. The Exceptions in Schedule B-II. The Conditions on Page 2. This Commitment is not valid without SCHEDULE A and Sections I and II of SCHEDULE B. (This Commitment is valid only when Schedules A and B are attached) This jacket was created electronically and constitutes an original document Copyright 2006-2009 American Land Title Association. All rights reserved. The use of this form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Exhibit 4 Form 5011000 (6-22-10) Page 2 of 2 ALTA Plain Language Commitment (6-17-06) CONDITIONS 1.DEFINITIONS (a) "Mortgage" means mortgage, deed of trust or other security instrument. (b) "Public Records" means title records that give constructive notice of matters affecting your title according to the state statutes where your land is located. 2.LATER DEFECTS The Exceptions in Schedule B - Section II may be amended to show any defects, liens or encumbrances that appear for the first time in the public records or are created or attached between the Commitment Date and the date on which all of the Requirements (a) and (c) of Schedule B - Section I are met. We shall have no liability to you because of this amendment. 3.EXISTING DEFECTS If any defects, liens or encumbrances existing at Commitment Date are not shown in Schedule B, we may amend Schedule B to show them. If we do amend Schedule B to show these defects, liens or encumbrances, we shall be liable to you according to Paragraph 4 below unless you knew of this information and did not tell us about it in writing. 4.LIMITATION OF OUR LIABILITY Our only obligation is to issue to you the Policy referred to in this Commitment, when you have met its Requirements. If we have any liability to you for any loss you incur because of an error in this Commitment, our liability will be limited to your actual loss caused by your relying on this Commitment when you acted in good faith to: Comply with the Requirements shown in Schedule B - Section I or Eliminate with our written consent any Exceptions shown in Schedule B - Section II. We shall not be liable for more than the Policy Amount shown in Schedule A of this Commitment and our liability is subject to the terms of the Policy form to be issued to you. 5.CLAIMS MUST BE BASED ON THIS COMMITMENT Any claim, whether or not based on negligence, which you may have against us concerning the title to the land must be based on this Commitment and is subject to its terms. Copyright 2006-2009 American Land Title Association. All right reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. 16003559 American Land Title Association ALTA Commitment Form Adopted 6-17-06 First American Title Insurance Co. Commitment No.: 16003559 SCHEDULE A 1. Effective Date: October 3, 2016 at 07:45 AM 2. Policy or Policies to be issued: Amount Premium A.ALTA Owners Policy (06/17/06)$5,600,000.00 $4,845.00 Proposed Insured:WEB2 Capital LLC, a Colorado limited liability company Certificate of Taxes Due $200.00 Endorsements: CO-110.1 (Delete 1, 2, 3, 4)$75.00 Additional Charges:$ 700.00 B.ALTA Loan Policy (06/17/06)$4,480,000.00 $150.00 Proposed Insured:TBD, its successors and/or assigns as their interests may appear Endorsements: ALTA Endorsement 4.1-06 (Condominium)$802.00 ALTA Endorsement 6-06 (Variable Rate Mortgage)$30.00 ALTA Endorsement 8.1-06 (Environmental Protection Lien)$50.00 CO-100 (Comprehensive Improved Land)$50.00 Additional Charges:$0 Total $6,902.00 3. The estate or interest in the land described or referred to in this Commitment is Fee simple. 4. Title to the Fee simple or interest in the land is at the Effective Date vested in: Jean J. Delynn and John Ian Taylor (as to Unit: A-1), The Margaret Jane McGavock Trust dated January 15, 2016 (as to Unit: A-2), Matt Grubbs (as to Unit: A-3), Heidi Gorbitz and Patric Gorbitz (as to Unit:A-4), Drew I. Goodman (as to Unit: A-5), Alix Samuelson (as to Unit:A-6), 337 Midland Ave LLC (as to Unit: A-7) and Sharon Elizabeth Wells (as to Unit:A-8) 5. The land referred to in the Commitment is described as follows: SEE EXHIBIT A ATTACHED HERETO For informational purposes only, the property address is: 331-338 Midland Avenue, Units: A1, A2, A3, A4, A5, A6, A7, A8, Aspen, CO 81611. Copyright 2006-2009 American Land Title Association. All right reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. 16003559 Attorneys Title Insurance Agency of Aspen, LLC By: Winter VanAlstine Authorized Officer or Agent FOR INFORMATIONAL PURPOSES OR SERVICES IN CONNECTION WITH THIS COMMITMENT, CONTACT: Attorneys Title Insurance Agency of Aspen, LLC,715 West Main Street, Suite 202, Aspen, CO 81611, Phone: 970 925-7328, Fax: 970 925-7348. Copyright 2006-2009 American Land Title Association. All right reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. 16003559 American Land Title Association ALTA Commitment Form Adopted 6-17-06 First American Title Insurance Co. Commitment No.: 16003559 SCHEDULE B 1. Requirements: 1.Pay the agreed amounts for the interest in the land and/or the mortgage to be insured. 2.Pay us the premiums, fees and charges for the policy. 3.Documents satisfactory to us creating the interest in the land and/or the mortgage to be insured must be signed, delivered and recorded. 4.You must tell us in writing the name of anyone not referred to in this Commitment who will get an interest in the land or who will make a loan on the land. We may then make additional requirements or exceptions. 5.Payment of all taxes, charges and assessments, levied and assessed against the subject premises which are due and payable. 6.A Certification of Taxes due listing each taxing jurisdiction shall be obtained from the County Treasurer or an authorized agent (pursuant to Senate Bill 92-143, CRS 10-11-122). 7.Receipt by the Company of the appropriate affidavit as to new construction and indemnifying the Company against any unfiled materialmen's or mechanic's liens. 8.Deed of Trust from WEB2 Capital LLC, a Colorado limited liability company, to the Public Trustee of Pitkin County for the benefit of TBD, to secure an indebtedness in the principal sum of $4,480,000.00. 9.Certificate of Good Standing from the Colorado Secretary of State for WEB2 Capital LLC, a Colorado limited liability company. 10.A copy of the properly signed and executed Operating Agreement if written, for WEB2 Capital LLC, a Colorado limited liability company, to be submitted to the Company for review. 11.Record a Statement of Authority to provide prima facie evidence of existence of WEB2 Capital LLC, a Colorado limited liability company, an entity capable of holding property, and the name of the person authorized to execute instruments affecting title to real property as authorized by C.R.S. Section 38-30-172. 12.Evidence to the Company that all assessments and liens due under the Declaration referred to in Schedule B have been paid. 13.This Title Commitment is subject to underwriter approval. American Land Title Association ALTA Commitment Form Adopted 6-17-06 First American Title Insurance Co. Commitment No.: 16003559 SCHEDULE B (Continued) Copyright 2006-2009 American Land Title Association. All right reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. 16003559 Requirements 14-15 below affect Unit: A-1 only. 14.Warranty Deed must be sufficient to convey the fee simple estate or interest in the land described or referred to herein, from Jean J. Delynn and John Ian Taylor to WEB2 Capital LLC, a Colorado limited liability company, the proposed insured, Schedule A, item 2A. NOTE: C.R.S. Section 38-35-109(2) required that a notation of the purchaser's legal address, (not necessarily the same as the property address) be included on the face of the Deed to be recorded. 15.Full disclosure from Seller, of any monetary liens and open Deeds of Trust of record. If you have any knowledge of an outstanding obligation secured by the subject property, you must contact us immediately for further review prior to closing. Requirements 16-20 below affect Unit: A-2 only. 16.Warranty Deed must be sufficient to convey the fee simple estate or interest in the land described or referred to herein, from The Margaret Jane McGavock Trust dated January 15, 2016, to WEB2 Capital LLC, a Colorado limited liability company, the proposed insured, Schedule A, item 2A. NOTE: C.R.S. Section 38-35-109(2) required that a notation of the purchaser's legal address, (not necessarily the same as the property address) be included on the face of the Deed to be recorded. 17.Full disclosure from Seller, of any monetary liens and open Deeds of Trust of record. If you have any knowledge of an outstanding obligation secured by the subject property, you must contact us immediately for further review prior to closing. 18.A true and correct copy of the Trust Agreement which creates The Margaret Jane McGavock Trust dated January 15, 2016, providing, among other things, the designation of the trustee(s) and specification of the trustee(s) powers under that trust. 19.Record a Statement of Authority to provide prima facie evidence of existence of The Margaret Jane McGavock Trust dated January 15, 2016, an entity capable of holding property, and the name of the person authorized to execute instruments affecting title to real property as authorized by C.R.S. Section 38-30-172. 20.Evidence furnished by the Office of the Director of Finance, City of Aspen, that the following real estate taxes have been paid, or that conveyance is exempt from said taxes: (1) The "Wheeler Real Estate Transfer Tax" pursuant to Ordinance No. 20 (Series of 1979) and; (2) The "Housing Real Estate Transfer Tax" pursuant to Ordinance No. 13 (Series of 1990); pursuant to the Quit Claim Deed recorded March 10, 2016, as Reception No. 627681. American Land Title Association ALTA Commitment Form Adopted 6-17-06 First American Title Insurance Co. Commitment No.: 16003559 SCHEDULE B (Continued) Copyright 2006-2009 American Land Title Association. All right reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. 16003559 Requirements 21-24 below affect Unit: A-3 only. 21.Warranty Deed must be sufficient to convey the fee simple estate or interest in the land described or referred to herein, from Matt Grubbs, to WEB2 Capital LLC, a Colorado limited liability company, the proposed insured, Schedule A, item 2A. NOTE: C.R.S. Section 38-35-109(2) required that a notation of the purchaser's legal address, (not necessarily the same as the property address) be included on the face of the Deed to be recorded. 22.Release of the Deed of Trust from Matt Grubbs to the Public Trustee of Pitkin County for the benefit of Washington Mutual Bank, FA, a federal association, to secure an indebtedness in the principal sum of $327,000.00, and any other amounts and/obligations secured thereby, dated April 9, 2003, and recorded April 18, 2003, as Reception No. 481610, and Corporate Assignment of Deed of Trust, dated March 14, 2014, and recorded March 20, 2014, as Reception No. 608768. 23.Release of the Deed of Trust from Matthew F. Grubbs to the Public Trustee of Pitkin County for the benefit of David G. Sweiderk and Robert Bystrowski, to secure an indebtedness in the principal sum of $50,000.00, and any other amounts and/obligations secured thereby, dated June 24, 2004, and recorded September 10, 2004, as Reception No. 501794. 24.Evidence furnished by the Office of the Director of Finance, City of Aspen, that the following real estate taxes have been paid, or that conveyance is exempt from said taxes: (1) The "Wheeler Real Estate Transfer Tax" pursuant to Ordinance No. 20 (Series of 1979) and; (2) The "Housing Real Estate Transfer Tax" pursuant to Ordinance No. 13 (Series of 1990); pursuant to the Personal Representative's Deed, dated January 17, 2001, and recorded March 22, 2001, as Reception No. 452641, and Quit Claim Deed dated February 14, 2001, and recorded March 22, 2001, as Reception No. 452642. Requirements 25-27 below affect Unit: A-4 only. 25.Warranty Deed must be sufficient to convey the fee simple estate or interest in the land described or referred to herein, from Heidi Gorbitz and Patric Gorbitz, to WEB2 Capital LLC, a Colorado limited liability company, the proposed insured, Schedule A, item 2A. NOTE: C.R.S. Section 38-35-109(2) required that a notation of the purchaser's legal address, (not necessarily the same as the property address) be included on the face of the Deed to be recorded. 26.Release of the Deed of Trust from Heidi Gorbitz and Patric Gorbitz, to the Public Trustee of Pitkin County for the benefit of Pinnacle Mortgage Group Inc. to secure an indebtedness in the principal sum of $272,000.00, and any other amounts and/obligations secured thereby, dated February 2, 2012, and recorded February 7, 2012, as Reception No. 586552, and re-recorded February 9, 2012, as Reception No. 586633. American Land Title Association ALTA Commitment Form Adopted 6-17-06 First American Title Insurance Co. Commitment No.: 16003559 SCHEDULE B (Continued) Copyright 2006-2009 American Land Title Association. All right reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. 16003559 27.Release of the Deed of Trust from Patric Gorbitz and Heidi Gorbitz to the Public Trustee of Pitkin County for the benefit of Alpine Bank, a Colorado Banking Corporation, to secure an indebtedness in the principal sum of $50,000.00, and any other amounts and/obligations secured thereby, dated March 13, 2012, and recorded March 30, 2012, as Reception No. 587876. Requirements 28-30 below affect Unit: A-5 only. 28.Warranty Deed must be sufficient to convey the fee simple estate or interest in the land described or referred to herein, from Drew I. Goodman to WEB2 Capital LLC, a Colorado limited liability company, the proposed insured, Schedule A, item 2A. NOTE: C.R.S. Section 38-35-109(2) required that a notation of the purchaser's legal address, (not necessarily the same as the property address) be included on the face of the Deed to be recorded. 29.Full disclosure from Seller, of any monetary liens and open Deeds of Trust of record. If you have any knowledge of an outstanding obligation secured by the subject property, you must contact us immediately for further review prior to closing. 30.Pay 2nd half of 2015 taxes. Requirements 31-32 below affect Unit: A-6 only. 31.Warranty Deed must be sufficient to convey the fee simple estate or interest in the land described or referred to herein, from Alix Samuelson to WEB2 Capital LLC, a Colorado limited liability company, the proposed insured, Schedule A, item 2A. NOTE: C.R.S. Section 38-35-109(2) required that a notation of the purchaser's legal address, (not necessarily the same as the property address) be included on the face of the Deed to be recorded. 32.Full disclosure from Seller, of any monetary liens and open Deeds of Trust of record. If you have any knowledge of an outstanding obligation secured by the subject property, you must contact us immediately for further review prior to closing. Requirements 33-37 below affect Unit: A-7 only. 33.Warranty Deed must be sufficient to convey the fee simple estate or interest in the land described or referred to herein, from 337 Midland Avenue, LLC, a Colorado limited liability company to WEB2 Capital LLC, a Colorado limited liability company, the proposed insured, Schedule A, item 2A. NOTE: C.R.S. Section 38-35-109(2) required that a notation of the purchaser's legal address, (not necessarily the same as the property address) be included on the face of the Deed to be recorded. 34.Release of the Deed of Trust from Jordan Nemirow to the Public Trustee of Pitkin County for the benefit of Ally Bank Corp. f/k/a GMAC Bank to secure an indebtedness in the principal sum of $374,262.00, and any other amounts and/obligations secured thereby, dated February 23, 2011, and recorded March 3, 2011, as Reception No. 578037. American Land Title Association ALTA Commitment Form Adopted 6-17-06 First American Title Insurance Co. Commitment No.: 16003559 SCHEDULE B (Continued) Copyright 2006-2009 American Land Title Association. All right reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. 16003559 35.Certificate of Good Standing from the Colorado Secretary of State for 337 Midland Avenue, LLC, a Colorado limited liability company. 36.Record a Statement of Authority to provide prima facie evidence of existence of 337 Midland Avenue, LLC, a Colorado limited liability company, an entity capable of holding property, and the name of the person authorized to execute instruments affecting title to real property as authorized by C.R.S. Section 38-30-172. 37.A copy of the properly signed and executed Operating Agreement if written, for 337 Midland Avenue, LLC, a Colorado limited liability company, to be submitted to the Company for review. Requirements 38-41 below affect Unit: A-8 only. 38.Warranty Deed must be sufficient to convey the fee simple estate or interest in the land described or referred to herein, from Sharon Elizabeth Wells, to WEB2 Capital LLC, a Colorado limited liability company, the proposed insured, Schedule A, item 2A. NOTE: C.R.S. Section 38-35-109(2) required that a notation of the purchaser's legal address, (not necessarily the same as the property address) be included on the face of the Deed to be recorded. 39.Release of the Deed of Trust from Sharon Elizabeth Wells, to the Public Trustee of Pitkin County for the benefit of Wells Fargo Bank, N.A., to secure an indebtedness in the principal sum of $338,000.00, and any other amounts and/obligations secured thereby, dated May 1, 2006, and recorded May 18, 2006, as Reception No. 524179, and Assignment of Mortgage dated November 29, 2013, and recorded December 2, 2013, as Reception No. 606004. 40.Release of the Open-End Deed of Trust from Sharon Elizabeth Wells, an Unmarried Person, to the Public Trustee of Pitkin County for the benefit of Wells Fargo Bank, N.A., to secure an indebtedness in the principal sum of $50,000.00, and any other amounts and/obligations secured thereby, dated November 20, 2006, and recorded December 11, 2006, as Reception No. 532062, and Modification to Home Equity Line of Credit, dated April 5, 2007, and recorded May 4, 2007, as Reception No. 537391, and Modification to Home Equity Line of Credit, dated July 31, 2007, and recorded August 27, 2007, as Reception No. 541345. 41.Release of Notice of Election and Demand for Sale by Public Trustee as Sale No. 12-033, filed in regard to the Deed of Trust dated May 1, 2006, and May 18, 2006, as Reception No. 524179, encumbering an original principal amount of evidence of debt of: $338,000.00, with a current outstanding Principal Balance of: $316,890.68, recorded May 3, 2012, as Reception No. 588762. 2. Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the same are disposed of to the satisfaction of the Company: 1.Any facts, rights, interests or claims which are not shown by the Public Records, but which could be ascertained by an inspection of the Land or by making inquiry of persons in possession thereof. 2.Easements, or claims of easements, not shown by the Public Records. American Land Title Association ALTA Commitment Form Adopted 6-17-06 First American Title Insurance Co. Commitment No.: 16003559 SCHEDULE B (Continued) Copyright 2006-2009 American Land Title Association. All right reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. 16003559 3.Discrepancies, conflicts in boundary lines, shortage in area, encroachments, and any facts which a correct survey and inspection of the Land would disclose, and which are not shown by the Public Records. 4.Any lien, or right to a lien, for services, labor or material theretofore or hereafter furnished, imposed by law and not shown in the Public Records. 5.Any and all unpaid taxes, assessments and unredeemed tax sales. 6.(a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. 7.Taxes and assessments for the year 2015 and 2016, and subsequent years, a lien not yet due or payable. 8.All mineral rights underlying the subject property. 9.The premises hereby granted, with the exception of the surfact, may be entered by the proprietor of any other vein, lode or ledge, the top or apex of which lies outside of the boundary of said granted premises, should the same in its dip be found to penetrate or intersect or extent into said premises for the purpose of extracting and removing the ore from such other vein, lode or ledge; and right of way for ditches or canals constructed by the authority of the United States as reserved in United States Patent, recorded June 28, 1892, in Book 39 at Page 78, as Reception No. 047892, and in the United States Patent, recorded May 20, 1949, in Book 175 at Page 170, as Reception No. 096346. 10.Terms, conditions, provisions, agreements and obligations and rights of ingress and egress, specified under the Warranty Deed, dated January 21, 1965, and recorded April 12, 1965, in Book 212 at Page 322, as Reception No. 120355. 11.Terms, conditions, provisions, agreements and obligations specified under the Warranty Deed dated February 17, 1969, and recorded February 18, 1969, in Book 239 at Page 441, as Reception No. 134173, and in the Warranty Deed dated July 30, 1969, and recorded September 12, 1969, in Book 243 at Page 246, as Reception No. 136991, and in the Warranty Deed dated November 25, 1970, and recorded December 3, 1970, in Book 252 at Page 218, as Reception No. 143387, and in the Warranty Deed dated December 30, 1971, and recorded January 12, 1972, in Book 260 at Page 712, as Reception No. 149529. 12.Terms, conditions, provisions, agreements and obligations specified under the Condominium Declaration for Aspen Hills (a Condominium) dated July 2, 1969, and recorded July 2, 1969, in Book 241 at Page 877, as Reception No. 136011, and First Amendment to Condominium Declaration for Aspen Hills (a Condominium) dated September 2, 1969, and recorded September 5, 1969, in Book 243 at Page 83, as Reception No. 136864. 13.Any and all notes, easements and recitals as disclosed on the recorded Condominium Map of Aspen Hlils Plat, recorded July 15, 1969, in Plat Book 4 at Page 8, as Reception No. 136131. American Land Title Association ALTA Commitment Form Adopted 6-17-06 First American Title Insurance Co. Commitment No.: 16003559 SCHEDULE B (Continued) Copyright 2006-2009 American Land Title Association. All right reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. 16003559 14.Any and all notes, easements and recitals as disclosed on the recorded Aspen Hills Annexation Plat, recorded June 14, 1971, in Plat Book 4 at Page 200, as Reception No. 146061. 15.Terms, conditions, provisions, agreements and obligations specified under the Agreement, dated July 10, 1978, and recorded July 12, 1978, in Book 351 at Page 229, as Reception No. 205645. 16.Terms, conditions, provisions, agreements and obligations specified under the Decree Quieting Title, dated December 5, 1983, and recorded December 27, 1983, in Book 457 at Page 888, as Reception No. 255947. NOTE: This exception affects Unit: A-2 only. 17.Terms, conditions, provisions, agreements and obligations specified under the Grant of Easement, dated April 1, 2006, and recorded May 22, 2006, as Reception No. 524387. 18.Any existing leases or tenancies, and any and all parties claiming by, through or under said lessees. ALTA Commitment 16003559 Exhibit A First American Title Insurance Co. Commitment No.: 16003559 EXHIBIT A PROPERTY DESCRIPTION The land referred to in this Commitment is described as follows: Condominium Units A-1, A-2, A-3, A-4, A-5, A-6, A-7 and A-8, ASPEN HILLS, A CONDOMINIUM, according to the Map thereof recorded July 15, 1969 in Plat Book 4 at Page 8 as Reception No. 136131 and as defined and described in the Condominium Declaration for Aspen Hills, a Condominium, recorded July 2, 1969 in Book 241 at Page 877 as Reception No. 136011 and First Amendment thereto recorded September 5, 1969 in Book 243 at Page 83 as Reception No. 136864, Pitkin County, Colorado; EXCEPT that portion of the common area conveyed to the Board of County Commissioners of the Pitkin County Housing Authority by Agreement dated July 10, 1978, and recorded July 12, 1978, in Book 351 at Page 229, as Reception No. 205645. First American Title Insurance Company American Land Title Association ALTA Commitment Form Adopted 6-17-06 First American Title Insurance Co. Commitment No.: 16003559 SCHEDULE B (Continued) First American Title Insurance Company TELEPHONE 970 925-7328 FACSIMILE 970 925-7348 ATTORNEYS TITLE INSURANCE AGENCY OF ASPEN, LLC 715 West Main Street, Suite 202 Aspen, CO 81611 Attorneys Title Insurance Agency of Aspen, LLC Privacy Policy Notice PURPOSE OF THIS NOTICE Title V. of the Gramm-Leach-Bliley Act (GLBA) generally prohibits any financial institution, directly or through it affiliates, from sharing non-public personal information about you with a nonaffiliated third party unless the institution provides you with a notice of its privacy policies and practices, such as the type of information that it collects about you and the categories of persons or entities to whom it may be disclosed. In compliance with the GLBA, we are providing you with this document, which notifies you of the privacy policies and practices of Attorneys Title Insurance Agency of Aspen, LLC. We may collect nonpublic personal information about you from the following sources: Information we receive from you, such as on application or other forms. Information about your transactions we secure from out files, or from our affiliates or others. Information we receive from a consumer reporting agency. Information that we receive from others involved in your transaction, such as the real estate agent or lender. Unless it is specifically stated otherwise in an amended Privacy Policy Notice, no additional nonpublic personal information will be collected about you. We may disclose any of the above information that we collect about our customers or former customer to our affiliates or to nonaffiliated third parties as permitted by law. We also may disclose this information about our customers or former customers to the following types of nonaffiliated companies that perform marketing services on our behalf or with whom we have joint marketing agreements: Financial service providers such as companies engaged in banking, consumer finance, securities and insurance. Non-financial companies such as envelope stuffers and other fulfillment service providers. WE DO NOT DISCLOSE ANY NONPUBLIC PERSONAL INFORMATION ABOUT YOU WITH ANYONE FOR ANY PURPOSE THAT IS NOT SPECIFICALLY PERMITTED BY LAW. We restrict access to nonpublic personal information about you to those employees who need to know that information in order to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information. ASLU Planned Development 310 & 330 E. Main Street PID # 4 Bill Boehringer, Chief Executive Officer WEB2 Capital LLC, a Colorado limited liability company WilliamB@WEBCapLLC.com Aspen Hills Condominiums 331-338 Midland Avenue Aspen, CO 81611 (917) 977.0541 Bill Boehringer, Chief Executive Officer WEB2 Capital LLC, a Colorado limited liability company 10-21-2016Owner representative: Printed name: Exhibit 5 300 SO SPRING ST | 202 | ASPEN, CO 81611 970.925.2855 | BENDONADAMS.COM October 21, 2016 Ms. Jessica Garrow, AICP Community Development Director City of Aspen 130 So. Galena St. Aspen, Colorado 81611 RE: Aspen Hills Condominiums (331-338 Midland Avenue) Ms. Garrow: Please accept this letter authorizing BendonAdams, LLC, to represent our ownership interests in Aspen Hills Condominiums and act on our behalf on matters reasonably associated in securing land use approvals for the property. If there are any questions about the foregoing or if I can assist, please do not hesitate to contact me. Aspen Hills Condominiums Units: A1 – Parcel ID: 2737-074-05-001 A2 – Parcel ID: 2737-074-05-006 A3 – Parcel ID: 2737-074-05-002 A4 – Parcel ID: 2737-074-05-008 A5 – Parcel ID: 2737-074-05-007 A6 – Parcel ID: 2737-074-05-003 A7 – Parcel ID: 2737-074-05-005 A8 – Parcel ID: 2737-074-05-004 Common Area – Parcel ID: 2737-074-05-801 Kind Regards, William Boehringer Chief Executive Officer WEB2 Capital LLC, a Colorado limited liability company PO Box 3807 Aspen, CO 81612 (917)977.0541 WilliamB@WEBCapLLC.com Exhibit 6 CITY OF ASPEN COMMUNITY DEVELOPMENT DEPARTMENT March, 2016 City of Apen|130 S. Galena St.|(970) 920 5050 Agreement to Pay Application Fees An agreement between the City of Aspen (“City”) and Property Phone No.: Owner (“I”): Email: Address of Billing Property: Address: (Subject of (send bills here) application) I understand that the City has adopted, via Ordinance No., Series of 2011, review fees for Land Use applications and payment of these fees is a condition precedent to determining application completeness. I understand that as the property owner that I am responsible for paying all fees for this development application. For flat fees and referral fees: I agree to pay the following fees for the services indicated. I understand that these flat fees are non-refundable. $.___________flat fee for __________________. $.____________ flat fee for _____________________________ $.___________ flat fee for __________________. $._____________ flat fee for _____________________________ For Deposit cases only: The City and I understand that because of the size, nature or scope of the proposed project, it is not possible at this time to know the full extent or total costs involved in processing the application. I understand that addit ional costs over and above the deposit may accrue. I understand and agree that it is impracticable for City staff to complete processing, review and presentation of sufficient information to enable legally required findings to be made for project consideration, unless invoices are paid in full. The City and I understand and agree that invoices mailed by the City to the above listed billing address and not returned to the City shall be considered by the City as being received by me. I agree to remit payment within 30 days of presentation of an invoice by the City for such services. I have read, understood, and agree to the Land Use Review Fee Policy including consequences for no-payment. I agree to pay the following initial deposit amounts for the specified hours of staff time. I understand that payment of a deposit does not render and application complete or compliant with approval criteria. If actual recorded costs exceed the initial deposit, I agree to pay additional monthly billings to the City to reimburse the City for the processing of my application at the hourly rates hereinafter stated. $________________ deposit for_____________ hours of Community Development Department staff time. Additional time above the deposit amount will be billed at $325.00 per hour. $________________ deposit for _____________ hours of Engineering Department staff time. Additional time above the deposit amount will be billed at $325.00 per hour. City of Aspen: Property Owner: ________________________________ _______________________________________________ Jessica Garrow, AICP Community Development Director Name: _______________________________________________ Title: _______________________________________________ City Use: Fees Due: $____Received $_______ WEB2 Capital LLC, a Colorado limited liability company; William Boehringer, Chief Executive Officer (917) 977.0541 WilliamB@WEBCapLLC.com Aspen Hill Condominiums 331-338 Midland Avenue 975 975 APCHA Env. Health 3,250 10 William Boehringer Chief Executive Officer WEB2 Capital LLC, a Colorado limited liability company WEB2 Capital LLC PO Box 3807 Aspen, CO 81612. Exhibit 7 Pitkin County Mailing List of 300 Feet Radius Pitkin County GIS presents the information and data on this web site as a service to the public. Every effort has been made to ensure that the information and data contained in this electronic system is accurate, but the accuracy may change. Mineral estate ownership is not included in this mailing list. Pitkin County does not maintain a database of mineral estate owners. Pitkin County GIS makes no warranty or guarantee concerning the completeness, accuracy, or reliability of the content at this site or at other sites to which we link. Assessing accuracy and reliability of information and data is the sole responsibility of the user. The user understands he or she is solely responsible and liable for use, modification, or distribution of any information or data obtained on this web site. This document contains a Mailing List formatted to be printed on Avery 5160 Labels. If printing, DO NOT "fit to page" or "shrink oversized pages." This will manipulate the margins such that they no longer line up on the labels sheet. Print actual size. From Parcel: 273707405801 on 09/30/2016 Instructions: Disclaimer: http://www.pitkinmapsandmore.com Exhibit 8 BROWN RUTH H ASPEN, CO 81611 410 N MILL ST #B11 BEYER ALAN R ASPEN, CO 81611 410 N MILL ST #B11 BERNARD RANDY ASHEVILLE, NC 28805 18 PLATEAU RD COLORADO MTN NEWS MEDIA CARSON CITY, NV 89702 PO BOX 1927 PIERCE ROBERT KING ASPEN, CO 81612 PO BOX 3118 MERZBACH NINA SANTA BARBARA, CA 93108 195 SHEFFIELD DR SILVER LAKE FAMILY TRUST ASPEN, CO 81611 424 PARK CIR TH 1 GOLDBERG DANIEL J ASPEN, CO 81611 424 PARK CIR # 3 HUA VINH ASPEN, CO 81612 PO BOX 2439 LUU VINH ASPEN, CO 81612 PO BOX 8513 SCHUR JACOB A ASPEN, CO 816112498 424 PARK CIRCLE #TH5 MOYER MARY ASPEN, CO 81611 424 PARK CIR #6 HEYMAN BRUCE QPR TRUST OGDENSBURG, NY 13669 PO BOX 5000 MS-10 HEYMAN VICKI QPR TRUST CHICAGO, IL 60614 2035 N MAGNOLIA ROCKY MTN PROPERTY LLC ASPEN, CO 81611 73 SMUGGLER GROVE RD FAT CITY APARTMENTS LLC ASPEN, CO 81611 402 MIDLAND PARK BIBBIG DIETER ASPEN, CO 81611 333 PARK AVE HEMMING GREGG S & KAREN S ASPEN, CO 81611 311 MIDLAND AVE GOLDEN SALLIE ASPEN, CO 81611 325 PARK AVE 1208 EAST HOPKINS LLC ASPEN, CO 81611 623 E HOPKINS AVE ASPEN/PITKIN COUNTY HOUSING AUTHORITY ASPEN, CO 81611 210 E HYMAN AVE #202 KNUTSON RODNEY D ASPEN, CO 81612 PO BOX YY SNELL NANCY L ASPEN, CO 81612 PO BOX YY WELLS SHARON ELIZABETH BASALT, CO 81621 PO BOX 3100 GREENHILL MICHAEL LOUIS REV TRUST HIGHLAND PARK, IL 60035-1909 30 RIPARIAN RD GREENHILL DEBRA MERLE REV TRUST HIGHLAND PARK, IL 60035 30 RIPARIAN RD CITY OF ASPEN ASPEN, CO 81611 130 S GALENA ST CASTLE PEAK ASPEN LLC ASPEN, CO 81611 600 E MAIN ST #104 TAYLOR JOHN IAN ASPEN, CO 81611 331 MIDLAND AVE DELYNN JEAN J ASPEN, CO 81611 331 MIDLAND AVE GRUBBS MATT ASPEN, CO 81611-2412 333 MIDLAND AVE #3 SAMUELSON ALIX BASALT, CO 81621 PO BOX 4324 DEVANNY EARL H III & ELIZABETH H DENVER, CO 80218 177 HAMBOLDT ST DUNIGAN PATRICK A DALLAS, TX 75205 4245 N CENTRAL EXPRESSWAY STE 460 CHAZEN DAVID FRANKLIN II NEW YORK, NY 10155 150 E 58TH ST 27TH FL HTM PROPERTIES LLC ASPEN, CO 81611 43 A SMUGGLER GROVE RD 337 MIDLAND AVE LLC ASPEN, CO 81612 PO BOX 559 MCGAVOCK MARGARET JANE TRUST ASPEN, CO 81612 PO BOX 533 HERMELIN ASPEN LLC FRANKLIN, MI 48025 32205 BINGHAM RD KALTENBOCK ERNST CANADA M4B 3A4, 1612 WOODBINE HEIGHTS BLVD TORONTO ONTARIO IBARA RON CAYUCOS, CA 93430 PO BOX 776 MEBEL GREGORY E PAIA, HI 967799723 30 KUPONO ST COERDT CLINTON CLAUSS ASPEN, CO 816111595 726 VINE ST ARNAL ALVARO JOSE ASPEN, CO 816111595 726 VINE ST VICENZI HEATHER L TRUST ASPEN, CO 81612 PO BOX 2238 MCDONALD FRANCIS B ASPEN, CO 81612 PO BOX 4671 WHITE WILLIAM P ASPEN, CO 81611 326 MIDLAND AVE #204 TUSHINGHAM DARREN ASPEN, CO 81611 326 MIDLAND AVE #205 OLDFIELD BARNEY F GLENWOOD SPRINGS, CO 816014395 2701 MIDLAND AVE #8312 PHILLIPS ARTHUR R & HELEN B ASPEN, CO 81612 PO BOX 8245 MOHWINKEL CLIFF ASPEN, CO 81611 PO BOX 9457 RESTAINO BECKER TRUST SAN ANSELMO, CA 94960 72 ALDER AVE KELLEY BRAD BUCKLEY & SHARI L EDEN, UT 84310 1736 N 6250 E PITKIN COUNTY ASPEN, CO 81611 530 E MAIN ST #302 SMITH JACK L & DIANE M EVERGREEN, CO 80439 434 COTTONWOOD DR ASPEN ASSET LLC GLENWOOD SPRINGS, CO 816014395 2701 MIDLAND AVE #8312 FERLISI MARY SANDRA LIVING TRUST ASPEN, CO 81611 326 MIDLAND AVE #307 CAVE DERYK ASPEN, CO 81611 1195 E COOPER #B GORBITZ HEIDI & PATRIC ASPEN, CO 81612 PO BOX 647 K & W PROPERTIES I LLC BLACKSBURG, VA 24060 PO BOX 744 LOUTHIS PETER ASPEN, CO 81612 PO BOX 4254 NAGLE MELINDA LEE ASPEN, CO 81612 PO BOX 914 EPLER ANDI E ASPEN, CO 81612 PO BOX 785 MUNROE KRISTIN EPLER TRUST ASPEN, CO 81612 PO BOX 785 CALAMARI MICHAEL METAIRIE, LA 700053469 317 RUE SAINT ANN NARAT APSARA ASPEN, CO 81611 415 PARK CIR #5 KEARN ROBERT & ORENE FAMILY TRUST HILLSBOROUGH, CA 94010 1831 WILLOW RD DAVIS D STONE ASPEN, CO 81612 PO BOX 8904 RUSSELL LYNN C ASPEN, CO 81612 PO BOX 8904 MANUEL CATHERINE & LINCOLN ASPEN, CO 81611 409 PARK CIR #2 AES INVESTMENTS LLC ASPEN, CO 81611 500 PARK CIR ANDRULAITIS FIONA MCWILLIAM & TIMOTHY A ASPEN, CO 81611 409 PARK CIR #4 GARTON SARA B ASPEN, CO 81611 110 MIDLAND PARK PL JOHNSTON PEGGY REV TRUST ASPEN, CO 81611 111 MIDLAND PARK PL BROOKS KERRI L ASPEN, CO 81611 112 MIDLAND PARK PL LACROIX TIMOTHY ASPEN, CO 81611 113 MIDLAND PARK PL STEAR RONALD A & MARIA F ASPEN, CO 81611 121 MIDLAND PARK PL #A21 BIRACH KAREN ASPEN, CO 81611-2414 122 MIDLAND PARK PL HAGEN CATHERINE ANNE ASPEN, CO 81611 210 MIDLAND PARK PL HOUBEN CYNTHIA MICHELE ASPEN, CO 81612 PO BOX 9616 WINKLER JILL C ASPEN, CO 81611 212 MIDLAND PARK PL HUMPHREY JESS ASPEN, CO 81612 PO BOX 1775 HANSEN BETH ASPEN, CO 81612 PO BOX 1775 DODINGTON SUSAN M ASPEN, CO 81611 221 MIDLAND PARK PL SPONAR ANTON K & JUDY ASPEN, CO 81611-2486 222 MIDLAND PARK PL BESTIC JEFFREY B ASPEN, CO 81611 PO BOX 2267 FUENTES DAVID & KATHARINE D ASPEN, CO 81611 302 MIDLAND PARK PL HIGGINS PAUL ASPEN, CO 81611 303 MIDLAND PARK PL #C-3 KOCH KATHRYN S & JOHN F ASPEN, CO 81611 304 MIDLAND PARK PL C-4 MCPHEE JAMES MICHAEL & ANNE MARIE ASPEN, CO 81611 401 MIDLAND PARK PL FORNELL PETER J ASPEN, CO 81611 402 MIDLAND PARK PL MACCRACKEN SCOTT R & MARISA POST ASPEN, CO 81611 403 MIDLAND PARK PL #D3 CHAUNER RONALD & JACKIE ASPEN, CO 81612 PO BOX 8782 KOLBERG JUDITH A ASPEN, CO 81611 501 MIDLAND PARK PL SMITH DONALD NELSON ASPEN, CO 81611 501 MIDLAND PARK PL CUNNINGHAM PAMELA M ASPEN, CO 81611 502 MIDLAND PARK PL WELDEN TODD E & DEBORAH C ASPEN, CO 81611 503 MIDLAND PARK PL #E3 GRIFFITHS THOMAS W ASPEN, CO 81611 504 MIDLAND PARK PL BAKKEN JOHN & LIZA N ASPEN, CO 81612 PO BOX 12064 BLOMQUIST JENIFER L ASPEN, CO 81612 PO BOX 12155 PERLEY PAUL S ASPEN, CO 81612 PO BOX 12155 NICHOLS SCOTT A ASPEN, CO 81612 PO BOX 3035 BIRRFELDER BRIGITTE T ASPEN, CO 81612 PO BOX 3035 STEIN DEBORAH ASPEN, CO 81611 710 MIDLAND PARK PL JEFFERSON GREG ASPEN, CO 81611 711 MIDLAND PARK PL GLEASON AMY ASPEN, CO 81611 712 MIDLAND PARK PL EVERETTE JOHN ASPEN, CO 81611 712 MIDLAND PARK PL JOHNSON SHAEL ASPEN, CO 81612 PO BOX 3549 WEBSTER DAVID H ASPEN, CO 81612 PO BOX 10362 CALK LAURA E ASPEN, CO 81611-2472 722 MIDLAND PARK PL WILLCOX DENNIS ASPEN, CO 81611 722 MIDLAND PARK PL PATTEN DAVID N ASPEN, CO 81611 810 MIDLAND PARK PL LEVIN AMY ASPEN, CO 81611 811 MIDLAND PARK PL #H11 HECK JAMES C ASPEN, CO 81612 PO BOX 8416 SEMPLE SASHA L ASPEN, CO 81611 601 E HYMAN AVE GRAHAM MARGOT ASPEN, CO 81612 PO BOX 2254 WERTZ LIMOR ASPEN, CO 81612 PO BOX 9227 HOLLINGER JONATHAN ASPEN, CO 81611 403 PARK AVE #3 MCLAUGHLIN KEVIN ASPEN, CO 81611 403 PARK AVE #4 HENDRICKS LYNDELL B ASPEN, CO 81612 PO BOX 11152 BALLOU JONATHAN ASPEN, CO 81611 403 PARK AVE #6 HELBING ATHENA ASPEN, CO 81611 403 PARK AVE #6 MCINTYRE GEOFF & LEE AMORY ASPEN, CO 81611 403 PARK AVE #7 BURGESS HILARY ASPEN, CO 81611 1020 E COOPER AVE KURNOS TIMOTHY A ASPEN, CO 81611 403 PARK AVE #9 MCKNIGHT SPENCER ASPEN, CO 81611 403 PARK AVE #10 MCPHERSON GREGORY J ASPEN, CO 81612 PO BOX 2073 HACH STEPHEN C ASPEN, CO 81611 23 SMUGGLER GROVE RD AMES MARTHA E ASPEN, CO 81611 23 SMUGGLER GROVE RD PHILLIPS JESSICA ASPEN, CO 81611 407 PARK AVE #A VANGARDEREN TEJAY ASPEN, CO 81611 407 PARK AVE #A LOWE SARA M & CORY J ASPEN, CO 81611 407 PARK AVE #B FEINSTEIN JEROME FAM TRUST LONGBOAT KEY, FL 34228 1211 GULF OF MEXICO DR #901 KROMELOW BASIL M & LAUREANNE L CHICAGO, IL 60610 55 W DELAWARE PL LEE JONATHAN O TRUST BROOKLINE, MA 02445 35 FISHER AVE LEE BARBARA C TRUST BROOKLINE, MA 02445 35 FISHER AVE TERKUN MARK ASPEN, CO 81612 PO BOX 329 HITCHCOCK SAMANTHA ASPEN, CO 81612 PO BOX 329 ASPEN VIEW CONDO ASSOC ASPEN, CO 81611 326 MIDLAND AVE TAILINGS CONDO ASSOC ASPEN, CO 81611 424 PARK CIR 315-317 PARK AVE CONDO ASSOC ASPEN, CO 81611 COMMON AREA 315 PARK AVE 328 PARK/327 MIDLAND CONDO ASSOC ASPEN, CO 81611 COMMON AREA 328 PARK AVE MIDLAND PARK PLACE CONDO ASSOC ASPEN, CO 81611 COMMON AREA 112 MIDLAND PARK PL JACOBIE CONDO ASSOC ASPEN, CO 81611 COMMON AREA PARK CIR SMUGGLER GROVE CONDO ASSOC ASPEN, CO 81611 COMMON AREA 23 SMUGGLER RD MARTHINSSON NOSTDAHL CONDO ASSOC ASPEN, CO 81611 403 PARK AVE PARK AVENUE CONDO ASSOC ASPEN, CO 81611 COMMON AREA 102 PARK AVE PARK AVENUE TOWNHOMES CONDO ASSOC ASPEN, CO 81611 407 PARK AVE UNIT A EPSTEN BRADFORD M QPR TRUST KANSAS CITY, MO 641122757 5038 WALNUT ST EPSTEN VIRGINIA H QPR TRUST KANSAS CITY, MO 64113 1030 W 66TH TERRACE MOONEY TIMOTHY ASPEN, CO 81612 PO BOX 8931 DP ASPEN LLC SYOSSET, NY 11791 300 ROBBINS LN GOODMAN DREW I GREENWOOD VILLAGE, CO 80121-1336 5721 GREEN OAKS DR SUNIER ALAIN BRONXVILLE, NY 10708 29 VILLAGE LN SHERIDAN MARGARET BRONXVILLE, NY 10708 29 VILLAGE LN 165 PARK CIRCLE CONDO ASPEN, CO 81611 COMMON AREA DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED TITLE SHEET 1.1 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS ASPEN HILLS EXISTING CONDITIONS DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED GENERAL INFORMATION 1.2 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS 1. The Contract Documents include: (1) general notes; (2) architectural, mechanical, and structural drawings. All additional specifications, details, drawings, clarifications, or changes shall automatically become part of the Contract Documents. Any discrepancy between any components of any of the drawings shall be reported to the Architect immediately for clarification. 2.Alius Design Corps, LLC, shall not be liable in any way for problems which arise from failure, by any third party or any party to this Contract, to follow the design plans. The Contractor shall obtain and/or request guidance of Alius Design Corp., with respect to any errors, omissions, inconsistencies, or conflicts or unclear information which may be discovered or alleged. 3.The Plans and Specifications are the intellectual and other property of the Architect and shall not beused without the permission of same. 4.All work shall comply with all state and local codes, ordinances, rules, regulations and laws of building officials or authorities having jurisdiction. All work shall be performed to the highest standards or craftsmanship by all tradesman. Alius Design Corps, LLC., shall not be responsible for overseeing third party work, nor shall Alius Design Corps, LLC., be liable for any errors or omissions of third parties who perform work on the Project. 5.The Contract Documents represent the finished structure. They do not indicate the method of construction. The Contractor shall provide all measures necessary to protect the structure during construction. Observation visits to the site by the Structural Engineer or Architect shall not include inspection of the ____________, nor will the architect or structural engineer be responsible for the contractor's means, methods, techniques, sequences for procedure of construction, or the safety precautions and the techniques, sequences for procedure of construction, or any safety precautions. The Contractor and not the Architect shall be responsible for all Federal and OSHA regulations. 6.THE DRAWINGS ARE NOT TO BE SCALED. Written dimensions must be used. In the event of a discrepancy in dimensions, the Architect should be timely notified for clarification. All dimensions on the drawings shall be verified against the existing conditions. All dimensions are to rough framing or face of concrete unless noted otherwise. 7.The Construction Documents are intended to include all labor, materials, equipment, and services required to complete all work described herein. It is the responsibility of the Contractor to bring to the attention of the Architect any conditions which will not permit construction according to these Construction Documents. 8.The Building Inspector shall be notified by the Contractor if there is need of an inspection as required by the I.R.C., or by any local code or ordinance. 9.LOT STAKED: The Contractor shall arrange for the building to be located and staked after demolition or site clearing, to be approved by the Architect. The Contractor shall review the lot staking and verify, to the best of his ability, its accuracy. The Contractor shall also check the grade where it meets the building to evaluate the consistency with the drawings during excavation. All work to be done by a certified surveyor. 10.RECORD DRAWINGS: Contractor shall maintain a complete set of blue/black-line prints of contract drawings and shop drawings for record mark-up purposes throughout the Contract time. Mark-up drawings during course of the work shall show changes and actual installation conditions, sufficient to form a complete record for Owner's purposes. 11.SOILS AND CONCRETE: The General Contractor shall arrange for a visual site inspection at the completion of excavation by a soils engineer, and the required concrete testing prior to any foundation work. 12.Property lines, utilities and topography shown is representative of information taken from a survey. Contractor shall notify Architect of any discrepancy or variation between the Drawings and actual site conditions. ABREVIATIONS A.F.F. ABOVE FINISH FLOOR ADJ. ADJUSTABLE ALT. ALTERNATE A.B. ANCHOR BOLTS & AND ARCH. ARCHITECTURAL @ AT BM. BEAM BM. PKT. BEAM POCKET BRG. BEARING BLK’G. BLOCKING BOT. BOTTOM BLDG. BUILDING B.O. BY OWNER CLG. CEILING CL.CENTER LINE CLR. CLEAR COL. COLUMN CONC. CONCRETE CONN. CONNECTION CONT. CONTINUOUS DTL. DETAILS DWL. DOWEL E.W. EACH WAY ELEV. ELEVATION EXISTG EXISTING EXT. EXTERIOR FLR. FLOOR FTG. FOOTING FND. FOUNDATION GA. GAUGE G.L. GLU-LAM G.W.B.GYPSUM WALL BOARD HORIZ. HORIZONTAL INFO. INFORMATION INSUL. INSULATION JST. JOIST N.I.C.NOT IN CONTRACT O.C. ON CENTER OPP. OPPOSITE PERF. PERFORATED PL. PLATE PLY. PLYWOOD PROP. LINE PROPERTY LINE REINF. REINFORCEMENT REQ. REQUIRED REV. REVISED SIM. SIMILAR S.F. SQUARE FEET STD. STANDARD THK. THICK T.P. TOP OF PLATE T.L. TOP OF LEDGE T.W. TOP OF WALL TOT. TOTAL TYP. TYPICAL U.N.O.UNLESS NOTED UTHERWISE V.I.F.VERIFY IN FIELD 033 LBB CLIENT BendonAdams 300 S. Spring Street #202 Aspen, CO 81611 970.925.2855 chris@bendonadams.com ARCHITECT Alius Design Corps 1331 East Sopris Creek Rd. Basalt, CO 81611 719.331.9211 Michael@aliusdc.com GENERAL RENOVATION NOTES 1.0 All existing conditions must be verified by the contractor in the field. Unknown and varied conditions may be found. Notify the structural engineer and/or architect of any structural or architectural conditions found to vary from that indicated from the drawings. Design revisions may be required, and are to be expected as a process of remodel work. 2.0 All new work, details, surfaces, or finishes shall match adjacent existing surfaces unless noted or directed otherwise by the owner or interior designer. Contractor to verify with architect any conflict between existing and new conditions. 3.0 All electrical modifications and/or additions to be as directed by owner/lighting designer during construction. Contractor/lighting designer to verify electrical capacity and review new designs or alterations with architect, prior to implementation. 4.0 All interior electrical fixtures, plumbing fixtures and trim, cabinet design, and other finishes to be at the directive of the owner or interior designer unless noted otherwise in the drawings. Contractor to provide all necessary prep work for installation of any materials as required. 5.0 Structural engineering – if any modifications to the existing structural system are deemed necessary beyond these shown in the drawings, all existing conditions are to be verified in the field by a registered structural engineer before proceeding. The architect will not be responsible for any structural modifications not verified or approved by a structural engineer. 6.0 Contractor will verify and coordinate all openings through floors, ceilings, and walls with all architectural, structural, mechanical, plumbing, and electrical design and construction. ARCHITECTURAL 1.1 1.2 1.3 1.4 2.1 SURVEY 3.1 3.2 3.3 4.1 4.2 5.1 6.1 6.2 6.3 TITLE SHEET GENERAL INFORMATION FLOOR AREA CALCULATIONS NET LIVABLE CALCULATIONS SITE PLAN 1/4” LOWER LEVEL PLAN 1/4” MAIN LEVEL PLAN 1/4” ROOF PLAN 1/4“ ELEVATIONS 1/4“ ELEVATIONS ¼” BUILDING SECTIONS SITE PHOTOS SITE PHOTOS SITE PHOTOS 5.1A PROJECT LOCATION ASPEN HILLS REFERENCE GRID LINE SPOT ELEVATION WINDOW MARK DOOR MARK ROOM NUMBER DRAWING REVISION ASSEMBLY DETAIL CUT SECTION CUT EXTERIOR ELEVATION DETAIL CALLOUT INTERIOR ELEVATION ROOM 100 F11 1 T. O. RIDGE BEAM 123'-6 1/2" 4.4 1 1 7.1 8.1 1 2 3 4 VICINITY MAP SYMBOL & MATERIAL LEGEND DRAWING INDEX PROJECT DIRECTORY CONSTRUCTION NOTES ABBREVIATIONS EXISTING CONDITIONS 09/30/2016GENERAL NOTES 8 DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED FLOOR AREA CALCULATIONS 1.3 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS 12 sq ft 12 sq ft 12 sq ft 12 sq ft 46 sq ft 48 sq ft 48 sq ft 48 sq ft 48 sq ft 47 sq ft 47 sq ft 405 sq ft 406 sq ft 402 sq ft 403 sq ft 402 sq ft 403 sq ft 408 sq ft 414 sq ft 1,754 sq ft deck STORAGE AREA ABOVE STAIR; TYP. NO STORAGE HERE UNIT 1 UNIT 2 UNIT 3 UNIT 4 UNIT 5 UNIT 6 UNIT 7 UNIT 8 454 sq ft 456 sq ft 450 sq ft 451 sq ft 450 sq ft 451 sq ft 462 sq ft 458 sq ft UNIT 1 UNIT 2 UNIT 3 UNIT 4 UNIT 5 UNIT 6 UNIT 7 UNIT 8 787 TOTAL WALL AREA 412 TOTAL WALL AREA 787 TOTAL WALL AREA 334 sq ft 310 sq ft 313 sq ft EAST WALL FULLY BURIED 412 TOTAL WALL AREA 0 4'8'16'SCALE: 1/8" = 1'-0"1 MAIN LEVEL FLOOR AREA 0 4'8'16'SCALE: 1/8" = 1'-0"2 LOWER LEVEL AREA LOT SIZE: 15,159 sq.ft. ALLOWABLE FAR: 11,369 sq.ft. FAR CALCULATIONS LEVEL MAIN DECK LOWER TOTAL GROSS 3,575 1,754 3,632 8,961 NET 3,575 49 1,416 5,040 NOTES 15% OF ALLOWABLE FAR = EXEMPT DECK AREA (.15*11,369) 39% OF LL WALLS EXPOSED (3,632*.39) TOTAL DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED NET LEASABLE CALCULATIONS 1.4 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS 8 sq ft 8 sq ft 8 sq ft 12 sq ft 45 sq ft 45 sq ft 45 sq ft 45 sq ft 45 sq ft 45 sq ft 45 sq ft 382 sq ft 382 sq ft 382 sq ft 382 sq ft 382 sq ft 382 sq ft 389 sq ft 389 sq ft UNIT 1 UNIT 2 UNIT 3 UNIT 4 UNIT 5 UNIT 6 UNIT 7 UNIT 8 425 sq ft 434 sq ft 434 sq ft 432 sq ft 425 sq ft 434 sq ft 434 sq ft 432 sq ftUNIT 1 UNIT 2 UNIT 3 UNIT 4 UNIT 5 UNIT 6 UNIT 7 UNIT 8 0 4'8'16'SCALE: 1/8" = 1'-0"1 MAIN LEVEL NET LIVABLE 0 4'8'16'SCALE: 1/8" = 1'-0"2 LOWER LEVEL NET LIVABLE NET LIVABLE CALCULATIONS MAIN LEVEL NLA : 3,385 sq.ft. LOWEL LEVEL NLA : 3,450 sq.ft. TOTAL PROJECT NLA : 6,835 sq.ft. ****36 sq.ft. of area found in exterior storage areas are not addressed in the calculation as their necessary allocation is unknown**** UNIT UNIT 1 UNIT 2 UNIT 3 UNIT 4 UNIT 5 UNIT 6 UNIT 7 UNIT 8 852 807 861 861 861 861 866 866 NET LIVABLE CALCULATIONS UNIT BREAKDOWN DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED SITE PLAN 2.1 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS SURVEY DEMONSTRATES EXIST. NON-CONFORMITY W/ BUILDING DIRECTLY ON PROPERTY LINE BEYOND 5' SETBACK LINE OF SETBACK DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED LOWER LEVEL PLAN 3.1 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS A A B B 2 2 1 1 UP UP UPUP UP UP UPUP UNIT 1 UNIT 2 UNIT 3 UNIT 4 UNIT 5 UNIT 6 UNIT 7 UNIT 8 A5.1 A5.1 B5.1 B5.1 D5.2 24.1 14.1 24.1 14.2 0 2'4'8'SCALE: 1/4" = 1'-0"1 LOWER LEVEL PLAN DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED MAIN LEVEL PLAN 3.2 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS A A B B 2 2 1 139'-3"92'-8" A5.1 A5.1 B5.1 B5.1 D5.2 24.1 14.1 24.1 14.2 STORAGE ABOVE STAIRS TYP. UNIT 1 LIVING ROOM KITCHEN DN DN KITCHEN DN DN KITCHEN DN DN KITCHEN DN DN UNIT 2 UNIT 3 UNIT 4 UNIT 5 UNIT 6 UNIT 7 UNIT 8 DECK DECK DECK 0 2'4'8'SCALE: 1/4" = 1'-0"1 MAIN LEVEL PLAN DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED ROOF PLAN 3.4 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS A A B B 2 2 1 1 A5.1 A5.1 B5.1 B5.1 D5.2 1:12 1:12 1:12 1:12 0 2'4'8'SCALE: 1/4" = 1'-0"1 ROOF PLAN DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED NORTH &SOUTH ELEVATIONS 4.1 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS 2 1 89'-0" LOWER LEVEL 100'-0" MAIN LEVEL 108'-0" UPPER LEVEL LINE ASSUMED GRADE LINE OF GRADE LINE OF WINDOW BEYOND LOWER LEVEL WALL BEYOND HATCHED AREA OF EXPOSED LL WALLS; SEE SHEET 1.3 1 2 89'-0" LOWER LEVEL 100'-0" MAIN LEVEL 108'-0" UPPER LEVEL LINE OF GRADE LINE OF WINDOW BEYOND LOWER LEVEL WALL BEYOND SLOPED GRADE BEYOND GRADE @ SIDEWALK HATCHED AREA OF EXPOSED LL WALLS; SEE SHEET 1.3 0 2'4'8'SCALE: 1/4" = 1'-0"1 NORTH ELEVATION 0 2'4'8'SCALE: 1/4" = 1'-0"2 SOUTH ELEVATION DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED EAST & WEST ELEVATIONS 4.2 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS A B 89'-0" LOWER LEVEL 89'-0" LOWER LEVEL 100'-0" MAIN LEVEL 100'-0" MAIN LEVEL 108'-0" UPPER LEVEL 108'-0" UPPER LEVEL LINE ASSUMED GRADE HATCHED AREA OF EXPOSED LL WALLS; SEE SHEET 1.3 B A 89'-0" LOWER LEVEL 89'-0" LOWER LEVEL 100'-0" MAIN LEVEL 100'-0" MAIN LEVEL 108'-0" UPPER LEVEL 108'-0" UPPER LEVEL LINE ASSUMED GRADE 0 2'4'8'SCALE: 1/4" = 1'-0"1 WEST ELEVATION 0 2'4'8'SCALE: 1/4" = 1'-0"2 EAST ELEVATION DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED SECTIONS 5.1 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS 1 2 89'-0" LOWER LEVEL 100'-0" MAIN LEVEL 108'-0" UPPER LEVEL B A 89'-0" LOWER LEVEL 89'-0" LOWER LEVEL 100'-0" MAIN LEVEL 100'-0" MAIN LEVEL 108'-0" UPPER LEVEL 108'-0" UPPER LEVEL 0 2'4'8'SCALE: 1/4" = 1'-0"B SECTION 'B' 0 2'4'8'SCALE: 1/4" = 1'-0"A SECTION 'A' DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED SITE PHOTOS 6.1 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED SITE PHOTOS 6.2 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS DESIGN CORPS ALIUS DESIGN CORPS ALIUS 331-338 MIDLAND AVENUE ASPEN, COASPEN HILLSMTE 1614 ISSUE PROJECT No: DRAWN BY: DRAWING SET COPYRIGHT 2016 ALIUS DESIGN CORPS LLC. ALL RIGHTS RESERVED SITE PHOTOS 6.3 NOT FOR CONSTRUCTION 9/30/2016EXISTING CONDITIONS October 19th 2016 Bill Boehringer Chief Executive Officer WEB2 Capital LLC, a Colorado limited liability company PO Box 3807 Aspen, CO 81612 (917) 977.0541 WilliamB@WEBCapLLC.com Energy Audit of the Aspen Hills Building 160 Midland Avenue Aspen, CO 81611 This applies to all units, unless noted otherwise: Approximately 854 square feet Approximately 7686 cubic feet Manual thermostats Two big skylites of varying size and quality All fixtures have high flow rates. All toilets are at least 1.6 gallons per flush. Individual Unit Assessments: Unit 331: Glazing Sliding glass door medium emissivity Front door clear glass Side windows low emissivity Lighting CFL 200 w Appliances all newish Infiltration rate 3200 CFM50 X 60 / 7686 cf = 25 ACH50 Notes One bedroom Programmable thermostat Electric in-floor heat in bed and bath Wood burning fireplace This unit uses the most electricity of all the units; almost double the average. Possibly because of a very high infiltration rate and the electrically heated floor. The electric mat floor is installed on a concrete slab that (almost certainly) has no insulation under or around it. Unit 332: Glazing clear glass Lighting CFL 200 w Appliances all newish Notes Air conditioning window unit, reportedly seldom used No skylites Unit 333: Glazing Front door high emissivity Windows, upstairs clear glass Windows, downstairs low emissivity Lighting incandescent 300 w Appliances replace Infiltration rate 1960 CFM50 X 60 / 7686 cf = 15 ACH50 Notes Bath fan damper not working Unit 334: Glazing clear glass Lighting incandescent 750 w Appliances replace Notes Air conditioning window unit Unit 335: Glazing low emissivity Lighting halogen 350 w Appliances borderline Infiltration rate 1700 CFM50 X 60 / 7686 cf = 13 ACH50 Unit 336: Glazing low emissivity Lighting halogen 750 w Appliances borderline Notes One bedroom Electric in-floor heat bath Unit 337: Glazing low emissivity Lighting halogen 750 w Appliances Refrigerator borderline Dishwasher borderline Clothes washer replace Clothes dryer replace Notes Programmable thermostat Gas fireplace appliance, separately metered from gas used for common heat Unit 338: Glazing high emissivity or clear glass Lighting mixed 250 w Appliances borderline Notes Mechanical room: Two 95% AFUE Triangle Tube boilers Two hot water storage tanks Water recirculation line with timer Notes Abandoned combustion air intake ducts stuffed with batt insulation Utilities: Electric; Holy Cross High kWh Low kWh Average kWh Association meter 1,800 170 630 331 660 380 475 332 360 315 335 333 500 210 395 334 405 195 260 335 320 230 290 336 470 190 260 337 620 310 405 338 380 150 260 Totals 5,515 2,150 3,310 Water; City of Aspen Billing for each unit is included in the HOA dues, however, the average water bill for the building is approximately $2040 annually, or $21 per unit per month. Gas Costs for the complex varied from $122 -$547 per month in 2015. Recommendations: 1. New high-efficacy lighting, starting with the units with the highest amount of installed wattage. 2. New high-efficiency appliances, where indicated on individual unit assessments. 3. Install programmable thermostats. 4. Heat tape… if the association continues to use heat tape- be sure it is controlled by a timer and/or thermostat. Heat tape uses about 7 watts per foot, which can really add up. 5. Undergo air sealing measures; the units are leaking two to eight times more air than recommended. Air sealing has the potential to save more gas than any other measure. Typical air leakage sites include; ceiling beams, ceiling, top plate, outlets, windows and doors. See photos later in report. If the infiltration rate is significantly reduced, then install high-quality bathroom exhaust fans, controlled by a wall switch with built in hygrometer and timer. Exhaust to outdoors with damper. 6. Replace windows listed as clear glass and high emissivity. 7. Install solar PV on southern half of roof. 8. A new roof; remove all skylites, remove heat tape, add additional rigid insulation. Possibly install TDDs (Tubular Daylighting Devices) through roof near ridge. 9. Mechanical room; Insulate all of the hot water pipes that can be reached. Install an insulated hatch cover. Remove the abandoned combustion air intake ducts and fill the hole with an insulated plug. Seal passageways that lead into units. 10. Install low-flow faucet aerators, shower heads and toilets. Typical air infiltration points: These infrared images were taken at a time when inside and outside temperatures were not much different, so air leaks are more significant than they appear. These IR images show the same condition from the inside and outside; a roof beam penetrating the exterior wall to support the overhangs. Air leaks around the beam and at the top of wall are allowing air to move throughout the tongue and groove ceiling. If the air cannot be stopped at the wall, it may be necessary to drywall over the tongue and groove ceiling. Basement level windows Door thresholds Holes in drywall Map of units. The mechanical room is on the east, basement level, accessed by a hatch. Insulation anomies: A stud bay missing insulation in the lower floor of unit 332. I was unable to check every wall because of sunlight. The image on the right is a basement wall- the interior insulation seems to be compromised. Heat loss was evident outside the concrete basement wall. No exterior insulation installed on basement walls. Mark McLain Architect & Sustainability Consultant mark@confluencearchitecture.com 970-963-9720