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HomeMy WebLinkAboutlanduse case.AG.515 S Galena St.Continental Inn.47AG.47AG.1980 AGREEMENT Agreement made this day of , 1980, by and between HANS B. CANTRUP and THE CITY OF ASPEN: WHEREAS, on September 8, 1980 representatives of Hans B. Cantrup appeared before the City Council to request Council to sponsor an amendment to the Aspen City Code allowing exemption from Floor Area Ratio calculations for conference space~ and WHEREAS~ Council decided not to sponsor that amendment but rather instructed %he planning office to study a more general solution to the problem~ and WHEREAS, Council did recognize a need for the immediate provision_ of such conference space; and ~fHEREAS, Council agreed, because of that need~ as a temporary solution, that pursuant to ~24-12.3(a) of the Aspen City Code a 3,000 sq. ft. conference center could be constructed at the Continental Inn provided that 3,001 sq. ft on adjoining parcel were deed restricted; NOW, THEREFORE~ the parties hereto make the following agreement: 1. Restriction. 3,001 square feet on an ~djoining parcel of land shall be deed restricted. 2. Term of Restriction. The deed restriction shall be effective until such time as the above referenced conference center is removed. Said removal shall be accomplished no later than three years~ six months from the effective date of this Agreement, unless such time is extended, in writing, by agree- ment of the parties hereto. 3. Construction of Conference Center. Upon the signing of this Agreement, Cantrup shall be allowed to apply for a building permit for the construction of a 3,000 sq. ft. confer- ence center to be located above the lobby at the Continental Inn 515 S. Galena St., Aspen, Colorado 81611. Provided all other building code requirements are met other than Floor Area Ratio calculations said permit shall be issued forthwith. IN WITNESS WHEP~OF, the parties hereto have signed this Agreement the date first above written. /'a~Ins- BV Ca'~Sup '"' '// By -2-