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HomeMy WebLinkAboutVAIL LIONSHEAD FILING 3 LOT 3 ANTLERS CUP TIME SHARESVai.\ bonshe"A Ti\r.\otj \c\oc-la \ 1^3 55e,,c5 Cu{ %c \trncshars t r Planning and Environmental Commission ACTION FORM Department of Community Development 75 South Frontage Road, Vail, Golorado 81657 tel: 970.479.2139 fax: 970.479.2452 web: www,ci,vail.co,us Project Name: Antler's Lodge Time.shares PEC Number: PEC020035 Project Description: @nditional Use Permit for quarter shares for fractional fee sales for remaining seven condominiums. Participants: OWNER ANTLERSCONDOASSOC 0612412002Phone:945-5366 680 UONSHEAD PL VAIL, CO 81657 License: APPLICANIT Robert Levine, GM 0612412002 Phone:476-247I Antlers 580 W. Lionshead Place Vail. @ 81657 License: ProiedAddress: 680 UONSHEAD PLVAIL Location: Legal DescripUon: Loh 3 Block l Subdivision: Vail Lionshead 3rd ParcelNumber: 210107206000 Comments: SeeConditions BOARD/STAFF ACTION Motion By: Doug Cahill Action: APPROVED . Second By: Rollie Kjesbo Vote: 6-1 DateofApprovalz Q712212002 Conditions: Cond: I (PLAN): No changes to these plans may be made without the written consent of Town of Vail staff and/or the appropriate review committee(s). Cond; CON0005zl44 That the AnUers Condominium Association meets the'Time-share Units Disclosure Requirements" outlined in Chapter 4, Section 4, Article A, of the Vail Town Code, prior to the marketing of the time-share units. Cond: CON0005445 That the Antlers Condominium Associaton provides the Town of Vail @mmunity Development Department with copies of deeds for the units sold as time-share units within 10 days of the real estate transaction for each respective time-share unit. Cond: CON0005445 That the Antlers Condominium Association continues to manage the project with an o on-site fiont desk operdng tv'Jenty-four (24) hours a day-, set/en (7) days a week, provHlng rcservatlon and reglsbaton capabilities, so long as Ume-share uniB Pranner: [J^rrcn A-phtl e<ist in the bulHlng. EnVy: Oil2212@2 By: PEC Arffon: @ND PEG Fee Pald: $650.00 o i;:,a,R.e =Q.za-ls-l{8. qo6-1 L*t- t-lo"r€ ffiB IOI44VtrTA]nd/ tr- tr tr tr tr tr tr Conditional Use Permit Floodplain Modification Minor Exterior Alteration Major Exterior Alteration Development Plan Amendment to a Development Plan Zoning Code Amendment Variance Sign Variance $6s0 $800 $1s00 $2s0 $1300 $s00 $200 QvAQ:Ia^tL Application for Review by the q7q . 1-,tLt5. ffi14Planning and Environmental Commission Department of Community Development 75 South Frontage Road, Vail, Colorddo 81657 tel: 97O.479.2L39 f ax:. 970.479.2452 . web: www.ci.vail.co.us General Information: All p@ects requiring Planning and Environmental Commission review must receive approval prior to submitting a building permit application. Please refer to the submittal requirements for the particular approval that is requested. An application for Planning and Environmental Commission review cannot be accepted until all required information is received by the Community Development Department. The project may also need to be reviewed by the Town Council and/or the Design Review Board. Type of Application and Rezoning Major Subdivision Minor Subdivision Exemption Plat Minor Amendment to an SDD New Special Development District Major Amendment to an SDD Major Amendment to an SDD (no exterior modifiations) $1300 $1500 $6s0 $6s0 $1000 $6000 $6000 $12s0 Yr tr E tr tr tr tr tr Description of the Request:frclen.,t+- Fvt sfn;I, - gP€ctFt.-il-f aF feftq.ltattN(r C.o ,)\ or-7 t Pl qr'-? S th-e /'v t>F ,/7a.tz.-zs EcAevetofrTa^tf- Location of the Proposaf : Lot: 3 Block: / Subdivision: L ropt M4 -tlh< A h c '-t L-- Physical Address: parcef No.: Ltolo ?zobooo (Contact Eagle Co. Assessor at 970-328-8640 for parcel no.) Name(s) of Owner(s): Mailing Address: G0o d.P.. Owner(s) Signature(s): 6 tt-s 7 Phone:'t-t--o. "t7C -zf tl Name of Applicant: Mailing Address:SAE E-maif Address: RoA@ Phone: Fax 9l-te- For Office Fee Paid: Application Planner: IVEB 0( Pas.e I of 5-01/18/02 t r/4/L . cD 7+4-t"rt-. c. The effect of the use on light and air, distribution of population, ffansportation facilities, utilities, schools, parks and recreation facilities, and other public facilities and public facilities - needs. d. The effect upon traffic, with particular reference to congestion, automotive and pedestrian safety and convenience, traffic flow and control, access, maneuverability, and removal of snow from the streets and parking area. e. The effect upon the character of the area in which the proposed use is to be located, including the scale and bulk of the proposed use in relation to surrounding uses. Existing and Proposed Site and Grading Plans (Four complete sets of plans). Existing and Proposed Architectural Elevations (Four complete sets of plans). (9./ Existing and Proposed Architectural Floor Plans (Four complete sets of plans). te m plans must atso be submitted in 8.5" x ll" reduced format. These are required for the Planning and Environmental Commission members' information packets. Additional Material: The Administrator and/or PEC may require the submission of additional plans, drawings, specifications, samples and other materials if deemed necessary to properly evaluate the proposal. Conditional Use Permit Subm ittal Requirements GENERAL INFORMATION A conditional use permit is required for any use classified as being "conditional" in any of the Town's zone districts. All applications for conditional use permiG are reviewed by the Planning and Environmental Commission. Uses listed as conditional uses in the various districts may be permitted subject to such conditions and limitations as the Town may prescribe to ensure that the location and operation of the conditional uses will be in accordance with development objectives of the Town and will not be detrimental to other uses or properties, I. SUBMITTALREOUIREMENTS fr)reez $650.00 There is no fee required for conditional use permits for Employee Housing Units -. (EHU'S), however, Design Review fees are required. (Q StampeA, addressed envetopes and a list of the propefi owners adjacent to the subject property, including properties behind and across streets. The list of property owners shall include the owners'name(s), corresponding mailing address, and the physical address and legal description of the property owned by each. The applicant is responsible for correct names and mailing addresses. This information is available from the Eagle County Assessor's office. @ ritf. Repo4 including Schedules A & B. lpwritten approval fror u .oj9gg,in!ryg!g!g1,.landlord, and joint owner, if applicable. @ I written statement addressing the following: a. Describe the precise nature of the proposed use and measures proposed to make the use ' compatible with other propefties in the vicinity. b. The relationship and impact of the use on development objectives of the Town. Paee 3 of 5-0 1/ 1 8/02 II, DETAILEDSUBMITTALREOUIREMENTS Site and Grading Plan: g Scale of 1"=20'or larger F Property and setback lines 'e Existing and proposed easements Q Existing and proposed grades fl Existing and proposed layout of buildings and other structures including decks, patios, fences and I walls. Indicate the foundation with a dashed line and the roof edge with a solid line. fl All proposed roof ridge lines with proposed ridge elevations. Indicate existing and proposed grades / shown underneath all roof lines. This will be used to calculate building height. { Proposed driveways, including percent slope and spot elevations at the property line, garage slab and \ as necessary along the centerline of the driveway to accurately reflect grade. a / A 4' wide unheated concrete pan at the edge of asphalt for driveways that exit the street in an uphill, direction. { Locations of all utilities including existing sources and proposed service lines from sources to the J structures.q Proposed surface drainage on and off-site.b Location of landscaoed areas. a) Location of limits oi disturbance fencing F Location of all required parking spaces F Snow storage areas.p Proposed dumpster location and detail of dumpster enclosure.b Retaining walls with proposed elevations at top and bottom of walls. A detailed cross-section and elevation drawings shall be provided on the plan or separate sheet. Stamped engineering drawings are required for walls behveen 4' and 6'feet in height. \ Delineate areas to be phased and appropriate timing, if applicable I Floor Plans: Scale of 1/8" = 1'or larger; 1/4" is preferred ' Floor plans of the proposed development drawn to scale and fully dimensioned. Floor plans and building elevations must be drawn at the same scale. Clearly indicate on the floor plans the inside face of the exterior structural walls of the building. Label floor plans to indicate the proposed floor area use (i.e. bedroom, kitchen, etc.). One set of floor plans must be "red-lined" indicating how the gross residential floor area (GRFA) was calculated. See Tltle 12, Chapter 15 - Gross Residential Floor Area for regulations. Provide dimensions of all roof eaves and overhangs. Architectural Elevations: Scale of U8" = 1' or larger; 1/4" is preferred All elevations of the proposed development drawn to scale and fully dimensioned. The elevation drawings must show both existing and finished grades. Floor plans and building elevations must be drawn at the same scale. If building faces are proposed at angles not represented well on the normal building elevations, show. these faces also, Elevations shall show proposed finished elevation of floors and roofs on all levels. All exterior materials and colors shall be specified on the elevations. The following shall be shown graphically and fully dimensioned: fascia, trim, railings, chimney caps, meter locations, and window details, Show all proposed exterior lighting fixtures on the building. Illustrate all decks, porches and balconies. Indicate the roof and building drainage system (i.e. gutters and downspouts), Indicate all rooftop mechanical systems and all other roof structures, if applicable. Illustrate proposed building height elevation on roof lines and ridges. These elevations should coordinate with the finished floor elevations and the datum used for the survey. Paee 4 of 5-01/ l8/02 Exterior color and material samples shall be submifted to staff and presented at the Design Review Board meeting. PRE-APPLTCATION CONFERENCE A pre-application conference with a planning staff member is strongly encouraged. No application will be accepted unless it is complete. It is the applicant's responsibility to make an appointment with the staff to determine submittal reouirements. TIME REOUIREMENTS The Planning and Environmental Commission meets on the 2nd and 4th Mondays of each month. A complete application form and all accompanying material (as described above) must be accepted by the Community Development Department by the appropriate submittal date, which is a minimum of four (4) weeks prior to the date of the PEC public hearing. All PEC approved conditional use permits shall lapse if construction is not commenced within one year of the date of approval and diligently pursued to completion, or if the use for which the approval is granted is not commenced within one year, ADDITIONAL REVIEW A. If this application requires separate review by any local, State or Federal agency other than the Town of Vail, the application fee shall be increased by $200.00. Examples of such review, may include, but are not limited to: Colorado Department of Highway Access Permits, Army Corps of Engineers 404, etc. B. The applicant shall be responsible for paying any publishing fees which are in excess of 500/o of the application fee. If, at the applicant's request, any matter is postponed for hearing, causing the matter to be re-published, then, the entire fee for such re-publication shall be paid by the applicant. C. Applications deemed by the Community Development Department to have design, land use or other issues which may have a significant impact on the community may require review by consultants in addition to Town staff. Should a determination be made by the Town staff that an outside consultant is needed, the Community Development Department may hire the consultant. The Department shall estimate the amount of money necessary to pay the consultant and this amount shall be forwarded to the Town by the applicant at the time of filing an application. Expenses incurred by the Town in excess of the amount forwarded by the applicant shall be paid to the Town by the applicant within 30 days of notification by the Town. Any excess funds will be returned to the applicant upon review completion. Please nole thal only complete applicalions will be accepled. All of the required information must be submitled in orderfor the application to he deemed complele. Paee 5 of 5-01/18/02 TO: FROM: DATE: SUBJECT: MEMORANDUM Planning and Environmental Commission Community Development Department July 22,2002 A request for a conditional use permit to allow lor time share units on the first floor of a building or above per Section 12-7H-3C, located al the Antlers Condominiums, localed at 680 West Lionshead Place/Lot 3, Block 1, Lionshead 3d Filing. Applicant: Antlers Condominium Association, represented by Rob Levine'- Planner: George RutherMarren'Uimpbell il. SUMMARY The Antlers Condominiums are located in the Lionshead Mixed Use 1 Zone District. The Antlers Condominium Association is requesting a conditional use permit to allow time share units on the first floor and above per Section 12-7H-3C of the Vail Town Code. Staff is recommending approval of the request as it furthers the goals of the Town's development objectives, has no measurable negative affect on traffic flow, parking, Town services, or on the public health and safety as outlined in Section Vlll of this memorandum. DESCRIPTION OF THE REQUEST The Antlers Condominium Association is requesting a conditional use permit to allow for six time-share units on the first floor or above levels of the buibing (units 318, 321 , 417 , 418, 420, and 520). The Antlers Condominiums are localed al 680 West Lionshead Place/Lot 3, Block 1, Lionshead 3'o Filing. This request is the result of lhe desire to market six of the new units conslructed as quarter share time-share units. Purchasers would be entitled to '13 weeks of usage and would be encouraged to make their condominium available for short-term rental during periods of non-usage. Short-lerm rental of the units would be managed through the Association's existing reservations program. The Antler's Condominium Association has recently completed the Antler's 2000 redevelopment project. The redevelopment project undertaken by the association incf uded, among other things, the construction ot 22 new residenlial condominium units. The 22 new condominiums units are in addition to the 70 units previously exisling on the property. The associalion is currently in the process of selling the new condominiums. To date. 16 of the new condominiums have been sold and six of the new condominiums remain available for purchase. The association has recently inquired and received a determination from the Town of Vail Community Development Department about their ability to sell each of the remaining condominium units in % divided shares. The Associalion with this request is asking to sell the remaining six condominiums units to up ilt. to four owners each. Ol the six units two are localed on the first floor, three on the second, and one on the third floor. The total GRFA of the six units is 8,166 square feet. BACKGROUND On June 24,2002lhe Planning and Environmental Commission reviewed and approved a request by the Antlers Condominium Associalion to permit the sale of quarter share time shares. On June 14, 1999 the Planning and Environmental Commission reviewed and approved a major exterior alteration and the addition of several condo units and EHUs. ROLES OFTHE REVIEWING BOARDS Plannino and Environmental Commission: The Planning and Environmental f^---:^^:,,- l^ ,--^^-^iAr- t^- ^t'-1...-l:e,-. rl!r.. ^..t\-r;r.'^-,.t..-... ^.,.--.;r ^^^l;^^.i-* t^-,lJVr l rt I tlp.>tV, t tO I WJPV| tJtutE- twt I vaJ,lU</arl tgi alilO gVi 'UlatVl ltJt uou Pvi I t tIr APP|t62a;!t t tVt. 1. Relationship and impact of the use on development objectives of the Town. 2. Effect of the use on light and air, distribution of population, transportation facilities, utilities, schools, parks and recreation facilities, and other public facilities and public facilities needs. 3. Effect upon traffic, with parlicular reference to congestion, automotive and pedestrian safety and convenience, traffic llow and control, access, maneuverability, and removal of snow from the streels and parking areas.4. Effect upon the character of lhe area in which the proposed use is to be located, including the scale and bulk of the proposed use in relation to surrounding uses. 5. Such other factors and criteria as the Commission deems applicable to the proposed use. 6. The environmental impact report concerning the proposed use, if an environmenlal impact report is required by Chapter 12 of the Vail Town Code. 7. Conformance with development standards of zone district. Desian Review Board: The Design Review Board is responsible for evaluating the Design Review application for: 1. Architectural compatibility with other structures, the land and surroundings. 2. Fitting buildings into landscape. 3. Configuration of building and grading of a site which respects the topography.4. Removal/Preservation of trees and native vegetalion. 5. Adequate provision for snow slorage on-sile. 6. Acceptabilily of building materials and colors. 7. Acceptability of roof elements, eaves, overhangs, and olher building forms. 8. Provision of landscape and drainage. 9. Provision of fencing, walls, and accessory structures. 10. Circulalion and access to a site including parking, and site dislances. 11. Location and design of satellite dishes. 12. Provision ol outdoor lighting. 13. The design of parks. APPLICABLE PLANNING DOCUMENTS v. v. The review crileria for a request of this nalure are established by the Vail Town Code. The Antlers Condominium Association is requesting a conditional use permit under the Lionshead Mixed Use 1 Zone District Seclion 12-7H-3C of the Vail Town Code. Therefore, this proposal is subject to the issuance of a conditional use permit in accordance with the provisions of Title 12, Chapler 16, Vail Town Code. For the Planning and Environmenlal Commission's reference, Section 12-16-1 , of the Vail Town Code, identifies the purpose for a conditional use permit as follows: ln order to provide the flexibility necessary to achieve the objectives of this title, specified uses are permitted in cerlain districts subject to the granting of a conditional use permit. Because of their unusual or special characteristics, conditional uses require review so that they may be located properly with respect to the purposes of this title and with respect to their effects on surrounding properties. The review process prescribed in this chapter is intended to assure compatibility and harmonious development beWeen conditional uses and surrounding properties in the Town at large. Uses ligted as mnditional uses in ihit various districts may be permiitted subject to such conditioits and limitations as the Town may prescribe to insure that the location and operation of the conditional uses will be in accordance with the development objectives of the Town and will not be detrimental to other uses or properties. Where conditions cannot be devised, to achieve these objectives, applications for conditional use permits shall be denied. This request is also governed by the provisions of Article H, Section 12-7H-1, Lionshead Mixed Use 1 Zone District. The requesl for a condilional use permil lo allow for time- shares on the first floor and above deals specifically with Section 12-7H-3C which provides for "Lodges and accommodation units" on the first floor as a conditional use. ARTTCLE H. LTONSHEAD MTXED USE 1 (LMU-I) DISTB\CT l2-7H-1: PURPOSE: The Lionshead Mixed Use 1 District is intended to provide sites for a mixture of multiplelamily dwellings, lodges, hotels, fractionalfee clubs, time shares, lodge dwelling units, restaurants, offices, skier seruices, and commercial establishments in a clustered, unified development. Lionshead Mixed Use 1 District, in accordance with the Lionshead Redevelopment Master Plan, is intended to ensure adequate light, ah, open space and other amenities appropriate to the permitted types of buildings and uses and to maintain the desirable qualities of the District by establishing appropriate site development standards. This District is meant to enaurage and provide incentives for redevelopment in accordance with the Lionshead Redevelopment Master Plan. This Zone District was specifically developed to provide incentives for properties to redevelop. The ultimate goal of these incentives is to create an economically vibrant lodging, housing, and commercial core area. The incentives in this Zone District include increases in allowable gross residential floor area, building height, and density over the previously established zoning in the Lionshead Redevelopment Master Plan study area. The primary goal of the incentives is to create economic conditions favorable to inducing private redevelopment consistent with the Lionshead Redevelopment Master Plan. Additionally, the incentives are created to help finance public oft-site improventents adjacent to redevelopment projects. With any development/redevelopment proposal taking advantage of the incentives created herein, the following amenities will be evaluated: streetscape improvements, pedestrian/bicycle access, public plaza redevelopment, public art, roadway improvements, and similar improvements. (ord.3(lese) S 1) 12-7H-2: PERMITTED AND CONDITIONAL USES; BASEMENT OR GARDEN LEVEL:A. Definition: The "basement" or "garden level" shall be defined as that floor of a building that is entirely or substantially below grade. B. Permitted Uses: The following uses sha// be permitted in basement or garden levels within a structure: Banks and financial institutions. Commercial ski storage. Eating and dri nking establishme nts. ?ersona! se, "-ices a;d ;cpair shops. - Prafessianal affices, business offices and studios. Public or pivate lockers and storage. ' Recreation facilities. Retai I establ i sh m e nts. Skier ticketing, ski school, skier seruices, and daycare. Travel agencies. Additional uses determined to be similar to permitted uses described in this subsection, in accordance with the provisions of Section 12-3-4 of this Title. C. Conditional Uses: The following uses shall be permitted in basement or garden levels within a structure, subject to issuance of a conditional use prmit in accordance with the provisions of Chapter 16 of this Title: Conference facilities and meeting rooms. Liquor stores. Lodges and accommodation units. Major arcade. Multiple-family residential dwelling units, time-share units, fractional fee clubs, lodge dwelling units, and employee housing units (Type lll (EHU) as provided in Chapter 13 of this Title). Radio, TV stores, and repair shops. Theaters. Additional uses determined to be similar to mnditional uses described in this subsection, in accordance with the provisions of Section 12-3-4 of this Title. (Ord. 6(2000) $ 2: Ord. s(le99) I 1) 12-7H-3: PERMITTED AND CONDITIONAL USES; FIRST FLOOR OR STREET LEVEL: A. Detinition: The "first floor" or "street level" shall be defined as that floor of the building that is located at grade or street level along a pedestrianway. B. Permitted Uses: The following uses sha// be permitted on the first floor or street level within a structure: Banks, with walk-up teller facilities. E ali ng and dr i nking establish me n Is. Recreation facilities. Retail stores and establishments. Skier ticketing, ski school, skier services, and daycare. Travel agencies. Additional uses determined to be similar to permitted uses described in this subsection, in accordance with the provisions of Section 12-3-4 of this Title. C. ConditionalUses.' Ihe following uses shall be permitted on the first floor or street level floor within a structure, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this Title: Barbershops, beauty shops and beauty parlors. Conference facilities and meeting rooms. Financial institutions, other than banks. Liquor stores. Lodges and accommodation units. Multipte-family residential dwelling units, time-share units, fractional fee clubs, lodge dwelling units, and employee housing units (Type III (EHU) as provided in chaptei 13 ot this Title). Badio, TV stores, and repair shops.'Additional uses determined to be similar to conditional uses described in this subsection, in acardane with the provisions of Section 12'3-4 of this Title. (Ord. 6(2000) $ 2: Ord.3(1999) S 1) 12-7H-4: PERMITTED AND CONDTTTONAL USES; SECOND FLOOR AND ABOVE:A. Permitted Uses; Exception: The following uses shall be permitted on those floors above the first floor within a structure: Lodges and arcommodation units. Multiple-family residential dwelling units, time-share units, fractional fee clubs, lodge dwelling units, and employee housing units (Type lll (EHU) as provided in Chapter 13 otthis Title). Additional uses determined to be similar to permifted uses described in this subsection, in accordance with the provisions of Section 12-3-4 of this Title. B. Conditional Uses: The following uses shall be permifted on second floors and higher above grade, subject to the issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this Title: Banks and financial institutions. Conference facilities and meeting rooms. Eating and drinking establishments. Liquor stores. Personal seruices and repair shops. P rofessional offices, bu si ness offibes and stu d ios. Radio, TV stores, and repair shops. Fl e cre ati o n f aci I it i e s. Retail establishments. Skier ticketing, ski school, skier services, and daycare. Theaters. Time-share units and fractional fee clubs. Additional uses determined to be similar to condilional uses described in this subsection, in accordance with the provisions of Seclion 12-3'4 of this Title. (Ord. 6(2000) $ 2: Ord. 3(1999) S 1) 12-7H-5: CONDITIONAL USES; GENERALLY (ON ALL LEVELS OF A BU|LD\NG OR OUTSTDE OF A BU|LD\NG): The following conditional uses sha// be permitted, subject to issuance of a conditional use permit in accordance with the provisions of Chapter 16 of this Title: Bed and breakfast as further regulated by Section 1 2-14-l I of this Title. Brew pubs. Coi n-operated laundries. Commercial storage. Private outdoor recreation facilities, as a primary use. Public buildings, grounds, and facilities. Public or private parking lots. Public pa* and recreation facilities. Public utility and public seruice uses. .1t-: l:4- --J t-.-.-\.rn, ,titO Al tV avrto. Televisian staiions. Additional uses determined to be similar to conditional uses described in this subsection, in accordance with the provisions of Section 12-3-4 of this Title. (Ord. 3(leee) s 1) 1 2 - 7 H - 6 : AC CESSOFY USES; The following accessory uses shallbe permitted in the Lionshead Mixed Use 1 District: Home orcupations, subject to issuance of a home occupation prmit in accordance with the provisions of Section 1 2-14-12 of this Title. Loading and delivery and parking facilities customarily incidental and accessory to permitted and conditional uses. Minor arcade. Offices, lobbies, laundry, and other facilities customarily incidental and accessory to hotels, lodges, and multiple-family uses. Outdoor dining areas operated in conjunction with permifted eating and drinking establishments. Swimming pools, tennis courts, patios or other recreation facilities customarily incidental to permitted residential or lodge uses. Other uses customarily incidental and accessory to permitted or conditional uses, and necessary for the operation thereof . (Ord. 3(1999) I 1) The Vail Town Code defines several words which aid in the interpretation of the request. Several definitions of importance to this request are: FRACTIONAL FEE: A tenancy in common interest in improved real property, including condominiums, created or held by person, partnerships, corporations, or joint ventures or similar entities, wherein the tenants in common have formerly arranged by oral or wriften agreement or understanding, either recorded or unrecorded, allowing for the use and occupancy of the property by one or more cotenants to the exclusion of one or more cotenants during any period, whether annually reoccurring or not which is binding upan any assignee or future owner cl a fracticnal fee interest or if such agreement coniinues io be in any way binding or efleciive upan any cotenant for lhe saie oi arty ,t",etesl it't ilte prr,petly. FRACTIONAL FEE CLUB: A fractional fee project in which each condominium unit, pursuant to recorded project documentation as approved by the Town ol Vail, has no fewer than six (6) and no more than tvvelve (12) owners per unit and whose use is established by a reseruation system. Each of the fractional fee club units are made available for short-term rental in a managed program when not in use by the club members. The project is managed on-site with a front desk operating twenty four (24) hours a day, seven (7) days a week providing reseruation and registration gapabilities. The project shall include or be proximate to transportation, retail shops, eating and drinking establishments, and recreation facilities. FBACTIONAL FEE CLUB UNIT: A condominium unit in a fractional fee club described as such in the project documentation and not an accommodation unit within the fractional fee club. 'TIME-SHARE LICENSE: A contractual right to exclusive occupancy of specified premises; provided, that the occupancy of the premises is divided into five (5) or more separate time peiods extending over a term of more than two (2) years. The premises may consist of one parcel, unit or dwelling or any of several parcels, units or dwellings identified at the time the license is created to be identified later. No time share is a time-share license if it meets the definition of interual estate, time-share or time-span estate. USE: The purpose for which a site or Etructure or portion thereof is ananged, designed, intended, erected, moved, altered, or enlarged, or for which either a site or structure or portion thereof is or may be occupied or maintained. vt.ZONING ANALYSIS Lot size: Zoning: Lol Area: Height: Setbacks: Site Coverage: l-^/.t-^^^;^^.Lclr r\./o\,qP|| rv, 1.19 acres or 51 ,836 sq. ft. Lionshead Mixed Use 1 (LMU-1) min. 0.23 acres or 10,000 sq. ft. ave. 71 ', max. 82.5' 10' on all sides 70o/" or 36,285 sq. tt. 2C",1 or 10,367 sq. ft. Existino 1.19 acres or 5'1,836 sq. ft. 36' to 74' (< 71' ave.) min 10', except for decks, etc 41o/o ot 20,983 sq. ft. 22',"or 11,133 sq. fl. irrciucjing Tract A to east Land Use Plan Designation: Ski Portal Current Land Use: Residential Develooment Slandard Allowed bv LMU-1 Parking: GRFA: Density: Loading/Delivery: 148 spaces 1 14 spaces (grandfalhered) 250% GRFA per buildable Site area or 129,590 sq. ft. 87,590 sq. ft. 33% increase or 93.1 units 92 unitsEHU'S=0density Tunits 1 berth required 1 berth (provided) Zonino Lionshead Mixed Use-1 District Agricullural and Open Space District Lionshead Mixed Use-1 District Lionshead Mixed Use-1 District Chapter Seven of the Lionshead Redevelopment Master Plan, along with the Lionshead Mixed Use - 1 zone district, prescribe lhe development standards for the property. Staff believes the proposed plan complies with the applicable development standards prescribed for the property with the exceplion of parking. In the case of the parking requiremenl there is a deficient of 34 spaces. The applicant is requesting a parking var iar rce as pari ul iiiis prupvsai. Tiie paiking vaiiai:;e ;;q;;;i i" .jiscii"rscd in deiaii-in Section Vlll 6f this memorandum VIl. Surroundinq Land Uses and Zoninq North: South: East: West: Land Use Mixed Use Open Space Mixed Use Mixed Use VIII. CRITERIA AND FINDINGS Consideration of Factors: 1. Relationship and impact of the use on the development objectives of the Town. A major development objective of the Town is the redevelopment and improvement of the Llonshead Village. The Antlers Redevelopment proposal approved in 1999 helped to achieve lhis through the new addition ol 22 new dwelling units, the facelift of the existing building, and improvements to the streetscape, bike-ped palh and landscaping. In the Lionshead Mixed Use 1 Zone District accommodation units are not a requirement as it is in olher zone districts. The addition of time-share units in lhis development increases the likelihood that there will be higher occupancy rates throughout the year which is directly connected to the number of visitors in Town during any given time period. This is likely as a family who only owns 13 weeks of occupancy a year willtend to visit Town more often. A plausible effecl may also be that the time-share owners will be more likely to open there unils to short-term renlal as they are accuslomed to sharing their unit with mulliple families. A whole unit owner can be hesilanl lo open there unit to the use of others. This will help lo boost lhe occupar)cy rate polentially. Staff buliv,rus tlrc inrpacts of the addilion ol a limited number of time-share units to be positlve in providing for higher occupancy rates, and in lurn a greater number of A. 2. visitors to the Town. Slatf would suggest lhat20% or 18 units of the lotal 92 units be granted a condilional use permit under this application. This would be approximately 17,518 square leet (87,590 x.2) of GRFA on the site. The Association would be responsible for determining which of the remaining units could be allowed to convefted to time-share unils. Effect of the use on light and air, distribution of population, transportation facilities, utilities, schools, parks and recreation facilities, and other public facilities and public facilities needs. The proposed use should nol have any significant negative effect on these factors. The mass and design of the proposal have been reviewed by the Design Review Board and does not change with this requesl. The proposal should draw more users to the Lionshead Village Area. Vehicular access has been reviewed by the Public Works Deparlment; and the applicant has contributed to the oif--sitg roq{wqy. imorovqments fund. Utilities and schools should not be heavily impactgd. Effect upon traffic, with particular reference to congestion, automotive and pedestrian salety and convenience, traffic flow and control, access, maneuverability, and removal of snow from the streets and parking areas, The proposal has been reviewed for ils effect on transportation by the Public Works Department. The Public Works Department had requested numerous changes which have been incorporated inlo the built product. The number of parking spaces required for time share/dwelling units is 1.7 spaces per unit. Effect upon the character of the area in which the proposed use is to be located, including the scale and bulk of the proposed use in relation to surrounding uses. The applicant met several times with the Planning and Environmental Commission and the Design Review Board during the planning process and had made many changes to the proposal based upon their commenls. The finished product conforms with the purpose of the Land Use Designation as Ski Portal and with the goals and purpose of the Lionshead Mixed Use 1 Zone District. Details of the goals and purposes are found in Section V of this memorandum. The addition of the time- share units will have no noticeable negative affect on the surrounding properties. The surrounding properties otfer lodging to owners and visilors in a similar manner as the Antlers Condominiums does currently and is proposing to offer. lf the proposal for a fractional fee club is a redevelopment ol an existing facility, the fractional fee club shall maintain an equivalency of accommodation units as are presently existing- Equivalency si,.rll be maintained either by an equal number of units or by square footage. lf the proposal is a new development, it shall provide at least as much accommodation unit gross residential lloor area 4. 5. (GRFA) as fractional fee club unit gross residential floor area (GRFA). Not Applicable Lock off units and lock off unit square footage shall not be included in the calculation when determining the equivalency of existing square footage. Not Applicable The ability of the proposed project lo create and mainlain a high level of occupancy. The addition of the proposed quarler-share time-share units will allow the r:-:: !F-;:Fj; '' : ^*n' ' - * --- '*'*--fi1-,ilers Con'ioi;inii;ms ic establish a renial piiogiairi i;l;;;h i;lii puisniiaiti". -have.higher ooeupaiiey year round. A quarter-share time-share unit $fl ;f xlJfr ,::r'',[1,:r?;'Jil""i",gff 3:n?il,:"1ffi""1'olx[?5i orovides for each owner to have access during both peak and shoulder i^ff "f,:"'fi :'J:'%'5ilJ["JH:il|i:fi1;]ffJ"X."J,li;"'X?:"[?J;li'"J croperty. In a market such as the Town of Vail's a quarter-share time- share allows all owners to experience both the height and shoulder seasons. Employee housing units may be required as part of any new or redeveloped fractional fee club project requesting density over that allowed by zoning. The number of employee housing units required will be consistent with employee impacts that are expected as a result of the project. Not Applicable The applicant shall submit to the town a list of all owners of existing units within the proiect or building; and written statements from one hundred percent (100%) of the owners of existing units indicating their approval, without condition, of lhe proposed fractional lee club. No written approval shall be valid if it was signed by the owner more than sixty (50) days prior to the date of filing the application lor a conditional use. Not Applicable 10. Each of the fractional fee club units shall be made available for short term rental in a managed program when not in use by the club members. The project shall include or be proximate to transportation, retail shops, eating and drinking establishments, and recreation facilities. Not Applicable 6. 7. 9. 10 B. Findinos The Planning and Environmental Commission shall make the following findings before granling a conditional use permit: 1. That the proposed location of the use is in accord with the purposes of the conditional use permit section of the zoning code and the purposes of the district in which the site is located. 2. That the proposed location of the use and the conditions under which it would be operated or maintained would not be detrimental to the public health, safety, or welfare or malerially injurious to properties or improvements in the vicinity. 3. That the proposed use would cdmply wiih ea-ch of thb applicable provisions of the conditional use permit section of the zoning code. STAFF RECOMMENDATION The Community Development Department recommends approval of the conditional use permit request to allow for up 1o 18 tim+share units on the firsl floor of a building or above, located al 680 West Lionshead Place/Lot 3, Block 1, Lionshead 3E Filing. Slaff's recommendation is based upon the review of the criteria listed in Section Vlll of this memorandum and the evidence and testimony presented, subject to the following findings: 1. That the proposed location of the use is in accordance with lhe purposes of the conditional use permit section of the zoning code and the purposes of the Lionshead Mixed Use 1 Zone District. 2. That the proposed location of the use and the conditions under which il will be operaled or maintained will nol be detrimental to the public health, safely, dr welfare or materially injurious to properties or improvements in the vicinity. 3. That the proposed use will comply with each of lhe applicable provisions of the conditional use permit section of the zoning code. Should the Planning and Environmental Commission choose to approve the conditional use permit to allow lor time share unils on the first floor of a building or above, located at 680 West Lionshead Place/Lot 3, Block, Lionshead 3'o Filing, staff recommends the following condition: 1. That the applicant meets the 'Time-share Units Disclosure Requiremenls" outlined in Chapter 4 Seclion 4 Article A of the Vail Town Code prior to the marketing of the time-share units. lx. 1l X. ATTACHMENTS A. Affidavit of Publication B. Publication Notice C. Letterfrom Applicant D. Site Plan E. Floor Plans F. Unit Layouts G. Chapter 4 Section 4 Article A'Tim+share Units Disclosure Requirements'of the Town VailGode H. Minutes of June 24,2002 Planning and EnMronmental Commlssion t2 o Apdh!nt: A 'Ieqr.d br I thd lgirlr,i ol a co.rddo|r8l r.|op.m[ b t[qr{ lor t|ltr th|n Unlb at ['l. fl|rt flogr ol r b.llld|m or ebov!. locatld at t|€ An[et!g,ndor{ntuml 6E V\,. L"lonohaqd f'hc6^ot g, Blod( 1. Lb|uh.€d 3.d Flne. An0|.t Condonlnllrn Aa!od6l6. PPI:1S.w.i*-!?A!_-. " lpplcxt \rd frcnfih gohod, rlgtEatr.d by B.E(n Arodab.. tniPbnnd: Fula For|Dc FEAD ANO APPROI/ED O{ SECDNO READII{G Al.lO OfiDEF€D PUAUSHED t||t ad &y ot Jury,M, PuE h.d fn $. V.l DCly ,t'y a, An2. 11, Elod( 1)A Town FardtF! !ppf!!r.d dsr€loFarFfrt dln lnd I nor cdldltbLl uta pCflllll br a h/ab adlalhnal inadt!fion ard an mdrle q.tdooi rEcltairon a,ar oo 3010 BoothF.b Rot!'Lot tt, Aod( a VdlVfllrcc t?at F*nq . !{Dgloo N. FenrOc Fod E..t/6 Ji|rr d L.r t4 8rdd( 2, Vtil VIE. ]2nr'Fmm: 5) A |'qqqn bri condlllondi ulr lon ro.ltowbr fnt A.Eaudb.r ot .lgh-thi i EHur locdi'd on lhol C. &od( I. Vsllvllt oi 12h Fllnolr ii) A t;,r;,';5, ll,r a-cor ditsr;r'siE trrh-ui !u cllu;'lo. . pr ,tL .d!rcltlond inrdtvdon ird !E{t6 gut- doc ttcreall,on an loqtod |l 3160 N. Frodu. Rd E!d. p.rr ol Lot ta Bbd( 2, VaMaO. tdl {) A rlqred t|r |n dnendmanl to dr. F.yloudy F[hn7l roq'|od t!a.r hr s oo.dttonC u!. Drrnli ta al.lo* b| bnpollrt rnodulf gbaaEonl ttruoturcr kircfbd .t 31@ N. F@nbo. Rd. E dr. osrt oa Lol 12, Blodr 2, Vr{ Whor l2!r Fhq.8) A |!ql6d b. r ,rconrm.rdrdon b hs \tel Tot,n C{irrcl b modlv th. omcH Town o, lAl Rodftll Hrrvd Mrp kt trdclta .pgevod nnhr. Son lor 3100 N. Font o. Foldld 12. Blocfi 2, \/bll Vllhgo l2h Fltlhg; - 9l A l|auld br ! rrcomm6nd.tlon l,o th. \hll ' lonn ColrEI lor r bd amqtdmcnt to S€c{gn .|2. 64{ (Drrrllr, Vril Toi'n Codr, to- lnrnd fl.qRFA l.qrt||.nlr h th! A0 rnd Opon S0...&|r. lX.r|ct iol A .lqJcat lq a yrrkrE tro.n Sacnoi b 1244. 5 (Lot Ar|'r ..d E!. Drn.nrbnll to.lbw t . 4rbdMllar qbd[rrg . lot nhldr ia bls tun 35 .*' Tl.d ttq l,ar9Fr 4r+Ynrry itat, . oRDhJANCE r{o: 11 SEFIES OFC002 Attachment: A ,# :RS AT \AIL v.antleisvail.com A/est Lionshead Place ril, Colorado 81657 www.antlersvail.com 680 West Lionshead Place Vail, Colorado 81657 :S AT \AIL rtlersvail.com Lionshead Place olorado 81657 /1 ny'/or*r-rr,^, l( *"n-- L,u-sA"'b Lt zc'{ ts tusr- oo /fn*o'"o' 7rl Q. Lh,^ e,' .L(R'- AT \AIL 't2Nr-tN ttlo t 6lt P' L'o-..s4r't^Q,U t/ On etG(+Vn'' \-P L,.-'q, o't-t/ 6ao D A L.on DL t u^ts H...44 t ..- ' a tr a-)Attachment: B Q",, rrEM MAYAFFE.T YouR r*#*r" PUBLIC NOTICE NOTICE lS HEREBY GIVEN that the Planning and Environmental Commission of the Town of Vail will hold a public hearing in accordance with Section 12-3-6 of the Municipal Code of the Town of Vail on July 22,2002, at 2:00 P.M. in the Town of Vail Municipal Building. In consideration of: A request for a final review of a conditional use permit, to allow for time share units on the first floor of a building or above, located at the Antlers Condominiums, 680 West Lionshead Place/Lot 3, Block 1, Lionshead 3'd Filing. Applicant Antlers Condominium Association, represented by Rob Levine Planner: George RutherM/arren Campbell A request for a recommendation to the Vail Town Council to of an amendment to Section 12'74'7 (Height), Vail Town Code, to increase the maximum allowable building height in the Public Accommodation Zone District. .+-.r3 --- ,. - --n-pplicant-. Rnh.l czjcr renJc-c.nniarl.hv -[ay.P.gttrqnn .. . ,: --- . . - Planner: .. George Ruther A request for a final review and recommendations of the following applications related to the proposed redevelopment of the Vail Mountain School: 1) A request for a recommendation to the Vail Town Council to rezone 301 0 Booth Falls Road/Lot 11, Block 2, Vail Village 12m Filing from Two-Family Residential to General Use; 2) A reouest for a recommendation to the Vail Town Council to rezone Tract C, Block 1, VailVillige 12m Filing from Two-Family Residentialto General Use; 3) A requ-est for a recommendation to amend the official Town of Vail Land Use Map for Tiact C, Block 1, Vail Village 12th Filing from Low Density Residential to Public/Semi- Public: 4) A request for an amendment to the previously approved development plan and a new conditional use permit for a private educational institution and an active outdoor recreation area on 301 O Bo6th Falls Road/Lot 1 1 , Block 2, Vail Village l2h Filing and 3160 N. Frontage Rdad EasVa part of Lot 12, Block 2, Vail Village 12'n Filing; 5) A requegt for a conditional use permit to allow for the construction of eight Type lll EHUs located on Tract C. Block 1, Vail Villaqe 12"'Filing; 6) A iequest t6ii dirnoiiiof al dse bermrt to a-ncjw tor a privdre edlcatronat rndrtrttrori-and- active outdoor recreation area located at 3160 N. Frontage Rd. EasVa part of Lot 12, Block 2, VailVillage 12th Filing; 7) A request for a for a conditional use permit to allow for temporary modular classroom structures located at 3160 N. Frontage Rd. EasU a part of Lot 12, Block 2, Vail Village 12u Filing; 8) A requlst for a recommendation to the Vail Town Council to modify the official Town oi Vail Rockfall Hazard Map to indicate approved mitigation for 3160 N. Frontage Road/Lot 12, Block 2, VailVillage 12n Filling; 9) A request for a recommendation to the Vail Town Council for a text amendment to Section 12-84-8 (Density), Vail Town Code, to amend the GRFA requirements in the Ag and Open Space Zone District; 1O) A request for a variance from Section to 1 2-84-5 (Lot Area and Site Dimensions) to allow for a subdivision creating a lot which is less than 35 acres, located at Lot 12, Block 2, Vail Village 12th Filing (Booth Falls Tennis Courts); 1 1) A request for a major subdivision in accordance with Title 1 3, Chapter 3, Vail Town Code, and setting forth details in regards thereto, located at Lots 1 1 and 12, Block 2, Vait Vittage t Zm Fiting and Tract C, -Atock 1 , Vail Village 1 2m Filing. t Attachment: B 'Fl', ANTL(RS AT \NIL www.antlersvail.com MEMORANDUM To: Town of Vail, Community Development From: Robert LeVine, General Manager .::#€-:-+a -! -::-i+-+;-... -:.i - +- : - .|--:-- Subject Frdbtional Fee Conditional Use for Antlers Redevelopment Please be advised thatthe Antlers Condominium Association wholeheartedly supports and approves the sale and use of fractional fee units for the remainder of the new condominiums, built as part of the AnUers redevelopment. In accordance with the prescribed amendment procedures, the Association has recenUy adopted a supplementto the Condominium Declaration and an amendmentto the Bylaws which accomrnodates the sale and use of such . -.---- *.-- '::r .. . - r -+ia.+-:_-. _:::.j_r. .: .i..:€4i../-:j. ,+., . .,: _rrr:.::r-::+_, fractional fee.units. Please call me if there are any quesUons. Attachment: C 680 West Lionshead Place Vail, Colorado 81657 (970) 476-2471 FAx (970) 476-4146 info@antlersvail.com T \hIL .com ,# 4NTL(RS A www.antlersvail A. The Antlers Condominium Association, as developer and seller of the property's new condominiums, wishes to market some or all of the remaining condominiums as fractional fee units, specifically quarter shares. Each of the quarter share owners will have the right to use their specific unit 13 weeks out of the year, and will be encouraged to make their condominium available for short term rentals when they're not using it, just like all of the "whole" owners. B. There is a tendency for "high-end" purchasers to rent out their units less, or . --a -. -tl rr-.^L-^^.r,1----:-:.,-.-- -.i+ --.*-^t,, -- *..^h ^-,{4 nn.RA.eraalzc narllt l a( alr. -\Jt'\,r | \rirr r\.\rr r-rrl irt..r r re -r:. v.r'r.a, vr 'ivv'|rv,'Yr year. Since the town depends on sales tax revenues to cover much of its expenses, these empty units or'cold beds" do nothing to support the town's economy. The owners of fractional fee units are already sharing their property with others, and they will be much more likely to rent the unit out when they're not using it themselves. Although the incidence of owner usage will probably go up as well (since there are more owners), whether it's them or a paying guest who stays there, each will eat in the restaurants, shop in the shops and ski on the mountain. The town's sales tax revenues will clearly improve with the higher year-round occupancy. In terms of the physical development objectives of the Town, this conditional use causes no difference whatsoever. This is evidenced by the fact that the building was already built with whole ownership in mind. The change to fiactional fee units has little'or no impaci'on-the physical plant. C, D, & E. There will be no change whatsoever from the development as it was approved in the spring of 2000. The impact of the Antlers on the surrounding environment and infrastructure will be no different whether the condominiums ate owned by a single party or four separate parties . .. other than the propensity to be rented out more, as mentioned above. Since the original redevelopment was approved with the clear hope and expectation that the units would be rented and constitute'warm beds", this change to fractional ownership does nothing other than further that objective. Unlike some fractionalfee clubs, which allow the owners to use the facilities (parking, etc.) even when it's not "thei/'time, the Antlers will not encourage that. The capacity and use of the property, and hence the impact on traffic, etc. will be no different than when it is currently in full occupancy. Attachment: C 680 West Lionshead Place Vail, Colorado 81657 (970) 476-2471 FAX (97O) 4764146 info@antlersvail.com F' z eq\\.-J n3 ll tl il.he tld'- .l I .i 5{ o z. -J^t. -.n ;luaurqse$v z00z8T tnf ocL __-__-.__lr * lliI rl*tll i I I i i 3 :luauqceuv ; z F -al si 'l lr --*. >E \_.,, \-/ ,1v -F zcn -tl.il' (, tl'tl ll SU A\) z |l EFFEEE EU*E='3- .'i,z s3E =@ ^u7z8iAttachment: E o .1/l z c.-.J t---.]r-) -) ."l ? /tt I/t /J :lueutqceff[ i'; t' z, i;.._.._. ll \' IH IF IYItu CT Fl -7 on tl(, r'f' tltl -tlu -ll'il ll ll tl a llo ll C) o I'NF F Zz Hq{ EnnlJzz -1lotsEo aza-oElr|A 5EAttachment: E .:--'-' J :luauqceuv r, il *fr qE rftt iEii iifll itr I ffirilt I ilrill' ;]5" ,,'l:'l ;j!! 5i; lJ sl pl! 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'arnsolcaJol Jo nall ur suorslnord lEJaue9 paep ro e.rnsolcarol {q uollgsodsgp y '9 ilueu.re}els 6u1tag6 cglqn6 iZ -Vr-V suolldurax3 :,Q;11qec1;ddy iL -Vr-, 'satcue6e 1e1uar.u u.reno6 Jo luauura^ob Iq uo11;sodslp y'6 slNSu\t3Htno3H Sunsolcsto'v 3'lctl-uv s]-lNn SuvHS-31{lt_ r u3t_dvHc :NOtJ-C:tS z-vv-n r-vv-v 4-44-2 12. A statement that any deposit made in connection with the purchase of a time-share will be held in an es- crow account until closing of the transaction; 13. Any restraints on alienation ol any portion of any time share; 14. A description of the insurance coverage provided lor the benefit ol time-share owners; 15. Any current or expected lees or charges to be paid by time-share-+*=-r..- -..bwners loi'the use 6l ahy 'taiciiiftiEs' rellated to the ploperty; " ' 16. The extent to which a time-share unit may'become subject to a tax or. other lien arising out of claims against other time-share owners of the same time-share unit; and 17. All unusual and material circum- ' : stances, features, and characteristics of the property. B. Disclosure Of Exchange Program, lf Any: lf the time-share owners are to be permitted or required to become members of or to participate in any program for the exchange of occupan- cy rights among themselves or with the timb-share'bwnbri ot'other time' share parcels or both, the public otfer- ing statement or a supplement deliv- ered therewith must contain or fully and accurately disclose: 1. The manner in which the program is operated, the identity of the persons operating it, and any affiliation be- tween the program and the developer. 4-44_2 2. Whether membership or participa- tion in the program, or both, are vol- untary or mandatory. 3. The costs or ranges of costs of membership and participation in the program as of a specified date not more than one year before the public offering statement is delivered to the purchaser, and whether those costs are payable to the developer, the persons operating the program, or the time-share owners with whom ex- changes are made. * 4.'wheirie-r dno li6iv any' of ihil cost3r :' sDebified in "Sirbsection 83 of this Section may be altered and, for any such cosls which are to be fixed on a case-by-case basis, the manner in which those costs are to be fixed in each case. 5. The number of time shares and time-share parcels involved in mem- bership or otherwise participating in the program, and the number of each ihat may be withdrawn from the pro- gram, as ol a specified date not more than one year before the public offer- ing statement is delivered to the pur- chaser. Current Inlormation Regarding Staie-'' ment Excnahgi Program: A'oeveloper" -' 1---- :-i..= - promptly shall amend the public otfer- ing statement to report any material change in the information required by subsection A ot this Section and the public otfering statement, or any sup- plement thereto, to report any material change known to such developer in the information required by subsection B of this Section. (Ord. 27(1980) $ 1) c. Town of YaiI Attachment: G 4-44-2 c. The maximum number of the developer's units that may become time-share units, d. A statement of the maximum number of time shares that maY be created, or that there is no maximum, and e. The number or ProPortion of time shares the developer intends to mar- ket in blocks to investors; 4. Copies and a brief narrative de- scription of the significant features of .:i--:;r- -r.--*--;---:-tb g. .gnt-r91'1119 ineln.rmenl alrl any docurnents referred to therein (other than any plats and plans), copies of any contracts or leases to be signed by purchasers at closing, and a brief, narrative description ol any contracts or leases that will or may be subject to cancellation by the time-share own- ers; 5. Any current balance sheet and a projected budget lor the time-share units either within or as an exhibit to the public otfering statement, lor one year after the date of transfer to a Durchaser, and thereafter the current budget, a statement of who prepared the budget, and a statement of the budget's assumptions-. concerning . occupancy and intlation'factors.'Th6" budget must include, without limita- tion: a. A statement of the amount, or a statement that there is no amount, included in the budget as a reserve for repairs and rePlacement, b. A statement of any other re- serves. 4-44-2 c. The projected common expense liability by category of expenditures for the time-share units. and d. The projected common expense liability lor each time share; 6. Any services not reflected in the budget that the developer provides, or expenses that the developer pays and that he/she expects may become at any subsequent time a common ex- pense of the time shares and the projected common expense liability attributable to each of those services or cYnenses tnr 4a4h llrnc shire. . /': t ( 7. Any initial or special fee due from the purchaser at closing, together with a description of the purpose and method of calculating the fee; 8. A description of any liens, defects, or encumbrances on or affecting the title to the time-share units; 9. A description of any financing of- fered by the developer; '10. The terms and significant limita- tions of any warranties provided by the developer, including statutory warranties and limitations on the en- forcement thereof or on damages; ,:..--r'j- 11 . A statement of any judgments against the developer and any associ- ation or manager, the status of any pending suits to which the developer and any association or manager is a party, aid the status of any pending suits material to the time-share units of which a developer has actual knowledge; ( t: Toun of VdiJ Attachment: G .444-7 4-4A-5: DOCUMENTS TO TRANSFER. I EE: Before transfer of a time A. Additional Statement Content: The share and no later than the date of execu- public offering statement for the time- tion of any contract of sale, the developer share units in a conversion property shall provide the intended transferee with: must contain, in addition to the infor- a) a copy of the public offering statement malion required by Section 4-4A-2 of and any amendments and supplements this Article: thereto, and b) the disclosures required in the case of resales by Section 4-4A-7 ot 1. A statement by the developer, this Article. (Ord.27(1980) $ 1) based on a report PrePared bY an independent architect or engineer, l describing the present condition of all 4-44-6: RIGIIT TO RESCIND: The structural components and mechanical transleree of any time-share unit and electrical installations material to shall have the right to rescind the transac- ...;-i.:':,:;.:j;:..:+.-.-=ih€*lrs*^an4::njoy7n6rni.nf'th.trt.im..'tior.''trnti"|.tule!t,e+'c|lik(re:nn}rnir.|ni:5t.l|l share units; .. the third business day follnwing the con- summation'or closing of the transaction, or 2. A statement by the developer of the delivery of the disclosures required by this expected useful life of each item re- Article, whichever is later, by notifying the ported on in subsection 41 above or a developer of his/her intention to do so. The statement that no representations are developer shall clearly and conspicuously ade in that regard; and notify the transferee, in writing, of the rights of the transferee under this Section. The 3. A list of any outstanding notices of developer shall also provide an adequate ( uncured violations of the Building opportunity to the transferee to exercise his Code or other Municipal regulations, or her right of rescission. Within ten (10) together with the estimated cost of days after receipt of a notice of rescission, curing those violations. the developer shall return to the transferee, any earnest money, or down payment given B. Applicability: This Section applies only by the transleree to the developer. (Ord.' to units in which residential use is 27(1 980) S 1) permissible. (Ord. 27(1980) $ 1) IIME SHARES: 4-4A-4: TIME-SIIARE SECURITIES: lf a time-share unit is currently regis- tered with the Securities and Exchange Commission of the United States, a devel- oper satisfies all requirements relating to the preparation of a public ofiering state- ment of this Article il the developer delivers to the purchaser and files with the Town a copy of the public otfering statement filed with the Securities and Exchange Commis- sion. (Ord. 27(1s80) S 1) Toutn of Vail Attachment: G 4-44-3 4-4A-3: CONVERSIONPROPERTY: A. Disclosure Certificate: In the evenl of a resale of a time share by a time- [ . 't share owner other than a developer, the seller shall furnish to the purchas- er before execution of any contract for the sale, or otherwise beiore the transler, a copy ol the governing in- strument (other than the plats and plans) and a certificate containing: 444-7 1. A statement disclosing the etfect on the proposed disposition of any right of first refusal or other restraint on alienation of the time share; 2. A statement setting forth the amount of the common expense liabil- ity and any unpaid common expense assessment or other sums currently due and payable from the seller; 3. A statement of any other fees pay- able by time-share owners; and 4. A statement ol any judgments or'' other matters which are or may be- come liens against the time share or the time:share unit and the status ol any pending suits which may result in such liens. B. Contents Of Certificate: lf the seller owns or offers for sale more than an aggregate of twelve (12) time shares in more than one time-share unit in the same project and the managing entity ol those time-share units is an association or manager, the seller shall include in the certificate fur- nished pursuant to subsection A of this Section: 1. A statement of any capital expendi- tures proposed by the managing entity lor the cuirent and the nelt succbeo-' ing fiscal year; 2. A statement of the amount of anY reserves for capital expenditures and of any portions of those reseryes designated by the managing entity for any specified projects; 3. The most recent regularly prepared balance sheet and income and ex- pense statement, il any, tor the prop- erty; 4-44-7 4. The current operating budget for the property; 5. A statement describing any insur- ance coverage provided for the benefit of time-share owners: 6. A statement as to whether the man- aging entity has knowledge that any alterations or improvements to the time-share unit violate any provision ol the governing instrument; 7. A statement as to whether the man. aging entity has knowledge of any viotati6ns -oi' tne Hearth or-silitoing Codesl with respect-io the trme-share unit, or any other portion of the prop- erty; and 8. A statement of the remaining term of anlt leasehold estate atfecting the property and the provisions governing any extension or renewal thereof. Certificate Provided Upon Flequest: Any association or manager, within ten (10) days after a request by a time-share owner, shall furnish a cer- tificate containing the information necessary to enable the time-share owner to comply with this Section. A time-share owner providing a certifi- cate pursuant to subsection A of this Section rs iot liable fo the burchdSai''-'" ' '',-:-"j for any erroneous information provid- ed by the association or manager and included in the certificate. Certificate Information Prevails: A purchaser is not liable for any unpaid common expense liability or fee great- er than the amount set forth in a cer- tilicate prepared by an association or manager. A time-share owner is not liable to a purchaser tor the failure or delay ol an association or manager to c. D. Town of YaiI Attachment: G 1. See Title 10 ol this Code for Building Codes. 4-4A.-7 provide the certilicate in a timely man- ner. (Ord. 27(1980) S 1) 4-44-8: DEPOSITS PLACED IN ES- CROW: Any deposit made in connection with the purchase or reservation of a time share f rom a developer must be placed in escrow and held in an account designated solely for that purpose by a title insurance company licensed. in this State, an institution whose acc6unts are insured by a governmental agency or instrumentali- ty until: ^ : r'! alj..--..-'l ra +lr-. '|a'rala-ar -+ th^ ^v^:, .. '' etri. r_ei e'q te .irv ve?v,vivr'..r'.;'v t',.Pr ration- of the time fo:' rescissicn or such later time as may be specified in any contract of sale; B. Delivered to the developer because of purchaser's default under a contract to purchase the time share; or C. Refunded to the purchaser. (Ord. 27(1e80) S 1) 4-4A-9: LABELING PROMOTIONAL MATERIAL: ll any improvement to the property is not required to be built, no promotional material may be displayed or delivered to prospective purchasers which describes or deoicts that improve- ment unless ihe description or depiction of the improvement is conspicuously labeled or identified as "need not be built'. (Ord. 27(1s80)S 1) 4-4A-10: DEVELOPER'S OBLIGATION TO COMPLETE IMPROVE- MENTS: The developer shall complete all promised improvements described in the governing instrument and promotional ma- terials. (Ord. 27(1980) $ 1) 4-44-10 4-4A-11: REMEDIES FOR VIOLATIONS: In addition to all remedies pro- vided by law, the Town shall be authorized to enforce these time-share regulations as follows: Available Remedies: The Town, in addition to other remedies provided, may institute an injunction, manda- mus, abalement, or other appropriate action or proceeding to prevent, en- join, abate, remove an unlawful con- struction, use, occuPancy gr convey- ance or to enjoin any developer lrom selling, agreeing to sell, or offering to sel!, cl cthgr'..lise acnYe)'. . barnra {rrll cornpliance with the provisions of this Article. Building Permit Withheld: No building permit shall be issued for any lot or parceled land which has been trans- ferred, conveyed, sold, or acquired in violation of this Article. Any trahsleree who acquires a time-share unit in violation of this Article wilhout knowl- edge of such violation, or any subse- quent transferee, shall have the right to rescind and/or receive damages lrom any transferor who violates the provisions of this Article. Approval Withdrawn: The Planning and Environmental Commission may withdraw any approval ot-a ptdn or- plat or require certain corrective mea- sures to be taken following the deter' mination that information provided by the developer, or by anyone on his/her behalf, upon which a decision was based, is false or inaccurate. The Planning and Environmental Gommis- sion shall cause written notice to be served on the develoPer, or his/her assignees, setting out a clear and concise statement of the alleged false A. I E. c. Town of Vail Attachment:G o 4-4A-10 or inaccurate inlormation provided by the developer, or by agents on his or her behalf, and directing the developer to appear at a time certain for a hear- ing before the Planning and Environ- mental Commission not less than ten (10) days nor more lhan thirty (30) days after the date of service of no- tice. The Planning .and Environmental Commission shall determine at the hearing the nature and extent of the . alleged false or inaccurate information' and shall have power, on good cause 'being shown, to withdraw any approv- al or require certain correstive mea- E-tr--+. .---. -. Suies to be takeri. However, wtthdiaw--'- - al ol approval or imposition of correc- 4-44-10 tive requirements shall not be an ex- clusive remedy on lindings by the Commission that false or inaccurate information has been received, and any and all remedies provided by law may be exercised. (Ord. 27(1980) $ 1) Town of Vail Attachment: G 6. Approved 7/8/02 omics of d business in T Ro Mr. S stated that if businesses for similar sig it would detract Town. had no Chas Bern agreed with Mr. a motion to findings on pag the motion. disapproval A request for a recommendation to the Vail Town Council, of a lext amendment to Title 12. Section 2-2, to amend the definition of "Fraction Fee Club" and to amend Title 12. Section 16-74-8, to amend the Use Specific Criteria & Standards, and setting forth details in regard fhaieto Applicant Rob Levine Planner: Mr. Ruther made a presentation per the memo. Mr.LevinestatedthatiftheBoardagreedwiththeStaffrecommendation,hewou|dbe. returning with a conditional use application. Mr. Shirley asked if Mr. Levine had spoken to tlre other unit owners about this change to ownership of some remaining units. Mr. Ruther clarified that the Antlers Condo Association owns the units, as it is before the Board with this request. Doug Cahill asked for some clarification from a previous meeting regarding the number of units which could be quarter share units. Mr. Rurrrer staieo triai. the nurr'riJer oi units is not reguiateo by tne Code. Mr. Schofield suggested that what was being proposed did not fit any of the definitions for time-share type gwnership. Mr. Lamb asked if the homeowner association was aware how economic shifts can George Ruther affect these types of arrangements in ownerships. Mr: Levine stated that risk exists whether there is one or four owners. Mr. Schofield asked Mr. Ruther if he agreed that the intention was to regulate use, operation. Mr. Ruther agreed. ,l I Mr. Schofield asked what was being requested of the Board. Mr. Ruther stated that statf was looked for a statement regarding interpretation and implementation. He added that he would like to hear comments on the criteria for the Attachment: H not Rollie Kiesbo Approved 7/8/02 conditional use of ti and fractional fee owne Mr. Shirley asked if staff would be bringing changes to the Code back to the Board. Mr. Ruther stated, yes. Mr. Schofield stated for the record, that there was no public present. Doug Cahill stated to fix it. He stated that he would be seeing Rob again at a later date for the conditional use permit and would like to see the wording fixed. George Lamb had nothing to add. Rollie Kjesbo had nothing to add, except to simplify it. Erickson Shirley said George did a great job clarifying the issue and to continue with the changes as recommended by staff. o rship. ':-:;;..':.--.".,'- --4Jshr+Scaoilels spoke.anaultna.o4gsLaLappEatlon.ot:ts-hus.attneAustria Halls...fie.stated. ;. _:. *.-. .. that he believed that the uses shouid be separated. He stated that he wanted to further explore the distinction and at what point the Town should be out of these issues. He stated that if we are going to go through with this, we should explore it in other zone districts. He stated that the issue was clear in his mind in that we need clearer distinctions between each type of ownership. He stated that he wasn't sure if we should have specific numbers' regarding ownership intervals. He sees an overlap in the definitions. He can't emphasize enough that when they originally looked at FFU, there was a definite intent to keep a distinction between FFU and TSU. He said we should thinking about it as it relates to an SDD. Likewise, if there are state statutes and we sheuld be looking at those for direction, assuming that we do not have a need to do something dramatically different. He supports George's recommendation, and wants to see the specific language. He then stepped down as chair, making Erickson Shirley chair so John could make the motion. John Schofield made a motion with the findings on pages 7 and I of the staff memorandum and an affirmation of the staffs interpretation Doug Cahill seconded the motion. t he nroiic.'ri passed oy a voie of 5-0. A reouest for a mendation the Vail Town corridors within and to end Section 121 own Code to e View 1 and 2 in Title pment M Plan. View orl is exit southwest towa the Gondola ap imately from the estrian olaza the east end of Lifthouse L south on file the Gondola I ine, A more legal descri of the two view Community lopment Depa I me-share type units ( (',| .t 7. Applicant: Planner: Town of Vail Allison Ochs Allison Ochs an of the staff mendation. Schofield ask the maps Ms.was pornung were to scale. Ms. with stated that but that she nave a mao for the adoNion of two view -4 (Adoption of \ew Corridors), looking building lines were not to Attachment: H oo,1 Chicago Title Insurance Company ALTA COMMITMENT Schedule A Property Address: ANTLERS CONDOMINIUMS 1. Effective Date: June 27,2000 at 5:00 P.M. 2. Policy to be Issued, and Proposed Insured: Our Order No. VC267670-5 Cust. Ref.: "ALTA' Loan Policy 10-17-gz Proposed Insured: MATRIX CAPITAL BANK "ALTA" Loan Policy 10-17-92 Proposed Insured: WESTSTAR BANK $17,000,000.00 $4,000,000.00 3. The estate or interest in the land described or referred to in this Commitment and covered herein is: SEE ATTACHED 4. Title to the estate or interest covered herein is at the effective date hereof vested in: ANTLERS VAIL CONDOMINIUMS VAIL/LIONSHEAD CORP, ALSO KNOWN AS THE ANTLERS CONDOMINIUM ASSOCIATION, INC, A COLORADO NONPROFIT CORPORATION 5. The land referred to in this Commitment is described as follows: SEE ATTACHED PAGE(S) FOR LEGAL DESCRIPTION oa Our Order No. VC267670-5 3. The estate or interest in the land described or referred to in this Commitment and covered herein is: DEVELOPMENT RIGHTS AS DESCRIBED IN THE AMENDED AND RESTATED DECLARATION OF ANTLERS CONDOMINIUMS VAIL/LIONSHEAD, RECORDED APRIL 3, 2OOO, UNDER RECEPTION NO. 726242. oo Our Order No. VC267670-5 LEGAL DESCRIPTION ANTLERS CONDOMINIUMS, VAIL/LIONSHEAD ACCORDING TO THE CONDOMINIUM MAP THEREOF RECORDED DECEMBER 19,1972IN BOOK 226 AT PAGE 820 AND AS DEFINED IN THE AMENDED AND RESTATED CONDOMINIUM DECLARATION RECORDED APRIL 3, 2OOO RECEPTION NO. 726242 AND FIRST SUPPLEMENTAL DECLARATION RECORDED JUNE 27 ,2OOO UNDER RECEPTION NO. 73304I, COUNTY OF EAGLE, STATE OF COLORADO. INCLUD]NG PROPERTY DESCRIBED AS: BNGNNTI.IG RT THN I'IORTH CORIVBR OP SRIO RNILTRS CONIPOI\,{INTUI\4S. THNAICT THE FOLLOWING FIVE COURSES ALONG THE NORTHERLY AND EASTERLY LINES OF SAID ANTLERS CONDOMINIUMS: l)65.0r FEET ALONG AN ARC OF A CURVE TO THE LEFT. HAVING A RADIUS OF 11O.OO FEET. A DELTA ANGLE OF 33 FEET 5I MINUTES 43 SECONDS. AND A CHORD THAT BEARS SOUTH 48 FEET 04 MINUTES 09 SECONDS EAST 64.07 FEET: 2) SOUTH 65 FEET 00 MINUTES 00 SECONDS EAST 62.89 FEET: 3) 2s.32 FEET A LONG THE ARC OF A CURVE TO THE RIGHT. HAVING A RADIUS OF 25.00 FEET. A DELTA ANGLE OF 58 FEET 02 MINUTES 02 SECONDS. AND A CHORD THAT BEARS SOUTH 35 FEET 58 MINUTES 58 SECONDS EAST 24.25 FEET: 4) 56.86 FEET A LONG THE ARC OF A CURVE TO THE LEFT. HAVING A MDIUS OF 60.00 FEET. A DELTA ANGLE OF 54 FEET 17 MINUTES 50 SECONDS. AND A CHORD THAT BEARS SOUTH 34 FEET 07 MINUTES 04 SECONDS EAST 54.75 FEET: 5) SOUTH 03 FEET 08 MINUTES 17 SECONDS EAST 13.97 FEET: THENCE DEPARTING SAID EASTERLY LINE SOUTH 83 FEET 37 MINUTES 03 SECONDS WEST 48.66 FEET: THENCE NORTH 06 FEET 32 MINUTES 20 SECONDS WEST 17.79 FEET: THENCE SOUTH 8a FEET 35 MINUTES 46 SECONDS WEST 13.68 FEET: THENCE SOUTH 06 FEET 47 MINUTES 38 SECONDS EAST t 1.27 FEET: THENCE NORTH 8l FEET 57 MINUTES 38 SECONDS EAST 4.66 FEET: THENCE SOUTH 06 FEET 20 MINUTES 40 SECONDS EAST 4a.82 FEET: THENCE SOUTH 83 FEET 2l MINUTES 39 SECONDS WEST 79.43 FEET: THENCE NORTH 06 FEET 38 MINUTES 2l SECONDS WEST 14.03 FEET: THENCE SOUTH 83 FEET 21 MINUTES 39 SECOND WEST 47.07 FEET: THENCE SOUTH 06 FEET 38 MINUTES 21 SECONDS EAST 13.95 FEET: THENCE SOUTH 83 FEET 26 MINUTES 07 SECONDS WEST 62.51 FEET: THENCE NORTH 06 FEET 41 MINUTES 29 SECONDS WEST 11.05 FEET: THENCE SOUTH 83 FEET 18 MINUTES 3l SECONDS WEST 8.83 FEET: THENCE SOUTH 06 FEET 56 MINUTES 27 SECONDS EAST 19.00 FEET: THENCE SOUTH 83 FEET 03 MINUTES 33 SECONDS WEST I7.IO FEET TO THE WESTERLY LINE OF SAID ANTLERS CONDOMINIUMS: THENCE THE FOLLOWING TWO COURSES A LONG SAID WESTERLY LINE: t) NORTH 02 FEET 56 MINUTES 5l SECONDS WEST 82.79 FEET. 2) NORTTI 40 FEET OO MINUTES ()() SECONDS EAST 185.88 FEET TO THE POINT OF BEGINNING AS SHOWN ON FIRST SUPPLEMENTAL MAP RECORDED IUNE 27. 2OOO RECEPTION NO. 733040, COUNTY OF EAGLE. STATE OF COLORADO. oo ALTA COMMITMENT ScheduleB-Sectionl (Requirements) Our Order No. VC267670-5 The following are the requirements to be complied with: Item (a) Payment to or for the account of the grantors or mortgagors of the full consideration for lhe estate or interest to be insured. Item (b) Proper instrument(s) creating the estate or interest to be insured must be executed and duly filed for record, to-wit: Item (c) Payment of all taxes, charges or assessmenls levied and assessed against the subject premises which are due and payable. Item (d) Additional requirements, if any disclosed below: I. DEED OFTRUSTFROMANTLERS VAIL CONDOMINIUMS VAIL/LIONSHEAD CORP. ALSO KNOWN AS THE ANTLERS CONDOMINIUM ASSOCIATION, INC. A COLORADO NONPROFIT CORPOMTION TO THE PUBLIC TRUSTEE OF EAGLE COUNTY FOR THE USE OF MATRIX CAPITAL BANK TO SECURE THE SUM OF $I7.O()O,O()O.OO. 2. DEED OF TRUST FROM ANTLERS VAIL CONDOMINIUMS VAIL/LIONSHEAD CORP. ALSO KNOWN AS THE ANTLERS CONDOMINIUM ASSOCIATION, INC. A COLORADO NONPROFIT CORPOMTION TO THE PUBLIC TRUSTEE OF EAGLE COUNTY FOR THE USE OF WESTSTAR BANK TO SECURE THE SUM OF $4,O()O,OO().()(). oo ALTA COMMITMENT ScheduleB-Section2 (Exceptions) Our Order No. VC267670-5 The policy or policies to be issued will contain exceptions to the following unless the same are disposed of to the satisfaction of the Company: l. Rights or claims of parties in possession not shown by the public records. 2. Easements, or claims of easements, not shown by the public records. 3. Discrepancies, conflicls in boundary lines, shortage in area, encroachments, and any facts which a correct survey and inspection of the premises 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 nol shown by the public records. 5. Defects, liens encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires of record for value the estale or interest or mongage lhereon covered by this Commitment. 6. Taxes or special assessments which are not shown as existing liens by the public records. 7. Liens for unpaid water and sewer charges, if any. 8. In addition, lhe owner's policy will be subject to the mortgage, if any, noted in Section I of Schedule B hereof. 9. RIGHTOFPROPRIETOR OFAVEIN OR LODE TO EXTRACTAND REMOVE HIS ORE THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES AS RESERVED IN UNITED STATES PATENT RECORDED SEPTEMBER 04. 1923. IN BOOK 93 AT PACE 98. IO. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED SEPTEMBER 04. 1923, IN BOOK 93 AT PAGE 98. II. RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE, BUT OMITTING ANY COVENANT OR RESTRICTION BASED ON RACE. COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS OR NATIONAL ORIGIN UNLESS AND ONLY TO THE EXTENT T}IAT SAID COVENANT (A) IS EXEMPT UNDER CHAPTER 42, SECTION 3607 OF THE UNITED STATES CODE OR (B) RELATES TO HANDICAP BUT DOES NOT DISCRIMINATE AGAINST HANDICAP PERSONS, AS CONTAINED IN INSTRUMENT RECORDED OCTOBER 18, 197I, IN BOOK 22I AT PAGE 99I. 12. THOSE PROVISIONS, COVENANTS AND CONDITIONS, EASEMENTS AND RESTRICTIONS, AS CONTAINED IN THE AMENDED AND RESTATED CONDOMINIUM DECLARATION RECORDED APRIL 3, 2O()(), RECEPTION NO. 726242 AND FIRST SUPPLEMENT RECORDEDJUNE 27, 2()()() UNDER RECEPTION NO, 73304I. oo ALTA COMMITMENT ScheduleB-Section2 (Exceptions) Our Order No. VC267670-s Thc policy or policies to be issued will contain exceptions to the following unless the same are disposed of to the satisfaction of the Comnanv: 13. PEDESTRIAN EASEMENT OVER THE NORTHWESTERLY TEN FEET. UTILITY EASEMENT OVER THE WESTERLY TEN FEET AND UTILITY EASEMENT OVER THE SOUTHERLY FIVE FEET AS SHHOWN ON THE RECORDED CONDOMINIUM MAP OF THE ANTLERS CONDOMINIUMS. 14. TERMS, CONDITIONS AND PROVISIONS OF EASEMENT AGREEMENT BETWEEN ANTLERS CONDOMINIUM ASSOCIATION AND CABLEVISION VI, D /B/ A HERITAGE CABLEVISION, rNc. RECORDEDJUNE 23, l98s IN BOOK 362 AT PAGE 244. 15. EASEMENTS, RESERVATIONS AND RESTRICTIONS AS SHOWN OR RESERVED ON THE RECORDED CONDOMINIUM MAP OF ANTLERS CONDOMINIUMS. 16. TERMS, CONDITIONS AND PROVISIONS OF BROADBENT EASEMENT AND RIGHT OF ENTRY AGREEMENT RECORDED NOVEMBER 2I, T996 IN BOOK ?I2 AT PACE 12. 17. TERMS, CONDITIONS AND PROVISIONS OF TYPE II EMPLOYEE HOUSING UNIT RESTRICTIVE COVENANT RECORDED MAY 17, 2()O() AT RECEPTION NO, 730049. 18. TERMS, CONDITIONS AND PROVISIONS OF TRENCH, CONDUIT, AND VAULT AGRXEMENT RECORDED MAY 19, 2OO() AT RECEPTION NO. 73OI4O. 19. EASEMENTS, RESERVATIONS AND RESTRICTIONS AS SHOWN OR RESERVED ON THE PLAT RECORDED JUNE 27, 2()OO UNDER RECEPTION NO, 733040. oo LAND TITLE GUARANTEE COMPANY DISCLOSURE STATEMENT Required by C.R.S. l0-lI-122 A) The subject real properg may be located in a special taxing districl. B) A Certificate of Taxes Due listing each taxing jurisdiction may be obtained from the County Treasurer's authorized agent. C) The information regarding special districts and the boundaries of such districts may be obtained from the Board of County Commissioners, the County Clerk and Recorder, or the County Assessor. Effective September f, 1997, CRS 30-f0-406 requires that all documents received for recording or filing in the clerk and recorder's office shall contain a top margin of at least one inch and a left, right and bottom margin of at lease one half of an inch. The clerk and recorder may refuse to record or file any document that does not conform, excepl thal, tlre requirement for the top margin shall not apply to documents using forms on which space is provided for recording or filing information at the top margin of the document. Note: Colorado Division of Insurance Regulations 3-5-1, Paragraph C of Article VII requires that "Every title entity shall be responsible for all matters which appear of record prior to the time of recording whenever the lide entig conducts the closing and is responsible for recording or filing of legal documents resulting from the transaction which was closed". Provided that Land Title Guarantee Company conducts the closing of the insured transaction and is responsible for recording the legal documens from the transaction, exception number 5 will not appear on the Owner's Title Policy and the Lenders Policy when issued. Note: Afffrmative mechanic's lien protection for the Owner may be available(typically by deletion of Exception no. 4 of Schedule B, Section 2 of the Commitment from the Owner's Policy to be issued) upon compliance with the following conditions: A. The land described in Schedule A of this commitment must be a single family residence which includes a condominium or lownhouse unit. B. No labor or materials have been furnished by mechanics or material-men for purposes of construction on the land described in Schedule A of this Commitment within the past 6 months. C. The Company must receive an appropriate affidavit indemnifying the Company against un-filed mechanic's and material-men's liens. D. The Company must receive payment of the appropriate premium. E. If there has been construction, improvements or major repairs undertaken on the property to be purchased within six months prior to the Date of the Commitment, the requirements to obtain coverage for unrecorded liens will include: disclosure of certain construction information; financial information as to the seller, the builder and or the contractor; payment of the appropriate premium fully executed Indemnity Agreements satisfactory to the company, and, any additional requirements as may be necessary after an examination of the aforesaid information by the Company. No coverage will be given under any circumstances for labor or material for which the insured has contracted for or agreed to pay. Nothing herein contained will be deemed to obligate (he company to provide any of the coverages referred to herein unless the above conditions are ftrlly satisfied. A.m.|'d bJ I rnqt '!drr or a a4!d0omt cq lrm:#Jms.''ff. P"op"' iiffiqT ltd i"ltilTlil ;"'if Hfr n,r n ofrce hour h !r ",.t-t "t"',*l:ff ffirrr q . qrF|og or rov!, Fcarrs lt ]a Anfl|r !d et tu lhxn qt ltl .fu;mrrv oiiaoDrna.|tg.da|!l*rq a8o ttt d uor$€rd tuo./Lor s, tai;rr*r, t6 Sfiril-iiooliiiEz'd:-i6i;ffiBbc.( l. ur'dtrr.t 3.d Ftne. a-i#Fd-6nl;-iiiriii'iffiilfii ord i6ir,r ^pprqnr ^.{.n-cel*!'!u''^..odrro.', S\#*aX6y**tf#rIHr|9lLd[.o lty l'loo llrrllr FtL. odl 47Saf $ 6( idonildo|r.Plflrt1 Gina nuf|.itl'Yuf€o CrnFdl l) A llqlaal ta r r6fiI'|ddlon to th. \rdt Towr Co dl b 6:onr 30to Boo$ F.lh Roqd,Ld 11, Blodr 2. \hl| Vl|tlr l2b Filim lton TwoFmlly Bxldbnld to con.rd tj!e: - al-A oAu.d lor I r€cornrnoMalion lo fio r,ill Tdvn qinod b rlrorro Tsct C. 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E.d . grrt ot Lor 12, glod( 2, VrltVh!! tlh F norEl A tgrrt b a rsoflmrl&don to he \ildfo&n C,{iftcf, b .nodlv tha ofilclrl Twn of Wlnodhq H.tard Ms ki Indc.ra eog!,.d r ltorFldr br 9160 N. Frontrfl Ford4.irl 12, Sbck-z.VUM{e 12$ Fhc: 0) A rEurl b. | tlconr€r&0on lo f|. VII' Tovin Counol lor r Ed lrn.ndmoflt to Srcfion 12-6 -E (O!trllv), lh Tonn Co(b, to - rtrrnd [NOFFA-rlqdrt||rnb In [l. Ag and Op.n SproZoc Dh*r: fO A r.qJ..l bf. vrhno. f|on S.o{oi io r2{4. 5 tlol Art! n|dslb D.n. hoJtor{ovb||r$dtvldm fldlry . lot strloft It L!8 ftan 35 ,E !, lo..i.d rtlcr I& gl9!8 4 .vr{,J4Fqr :r?.h. . ORDII'|A!|CE llo.3 aERtES mO2 Attachment: A # R5.AT \AIL /w.antlersvail.com ) West Lionshead Place Vail, Colorado 81657 &.. o4 TL€RS AT \AIL www.antlersvail.com 680 West Lionshead Place Vail, Colorado 81657 AN y'fo rn*^ /( n""-- Lt ossht^\45 Lr ee"( 6 tu{} oo /fn*o''o' 7t'1 a. lh,^ 0,o 'eNttttc-oo5 6tt P (''' Lp^,sdtac C'u g t("(+ '# RS AT \AIL antlersvail.com :st Lionshead Place Colorado 81657 P-.6ao LJ . ,r' | L t o,.-rs kt44 ts tt^i7 L,.*rc.'tt</ L'on Attaehment: B C-.,'. rrEM MAYAFFE.rror* r*ot* PUBLIC NOTICE NOTICE lS HEREBY GIVEN that the Planning and EnvironmentalCommission of the Town of Vail will hold a public hearing in accordance with Section 12-3-6 of the Municipal Code of the Town of Vail on July 22,2002, at 2:00 P.M. in the Town of Vail Municipal Building. ln consideration of: A request for a final review of a conditional use permit, to allow for time share units on the first floor of a building or above, located at the Antlers Condominiums, 680 West Lionshead Place/Lot 3, Block 1, Lionshead 3'o Filing. Applicant Antlers Condominium Association, represented by Rob Levine Planner: George RutherMarren Campbell A request for a recommendation to the Vail Town Council to of an amendment to Section 12-74-7 (Height), Vail Town Code, to increase the maximum allowable building height in the Public Accommodation Zone District. Applicant: Planner: Bob Lazier, represented by Jay Peterson George Ruther A request for a final review and recommendations of the following applications related to the proposed redevelopment of the Vail Mountain School: 1) A request for a recommendation to the Vail Town Council to rezone 301 0 Booth Falls Road/Lot 11, Block 2, Vail Village 12th Filing from Two-Family Residential to General Use; 2) A request for a recommendation to the Vail Town Council to rezone Tract C, Block 1, Vail Village 12tn Filing from Two-Family Residential to General Use; 3) A requlst for a reCommendation to amend the official Town of Vail Land Use Map for Tract C, Block 1, Vail Village 12rh Filing from Low Density Residential to Public/Semi- Public; 4) A request for an amendment to the previously approved development plan and a new conditional use permit for a private educational institution and an active outdoor recreation area on 3O1O Bo6th Falls Road/Lot 1 1 , Block 2, Vail Village l2'n Filing and 3160 N. Frontage Road EasUa part of Lot 12, Block 2, Vail Village 12'n Filing; 5) A request foia conditional use permit to allow for the construction of eight Type lll EHUs located on Tract C, Block t, vait Vittage 12h Filing; 6) A request for a conditional use permrt to allow for a private educatlonal institutlon and active outdoor recreation area located at 3160 N. Frontage Rd. EasVa part of Lot 12, Block 2, VailVillage 12th Filing; 7) A request for a for a conditional use permit to allow for temporary modular classroom structures located at 3160 N. Frontage Rd. EasU a part of Lot 12, Block 2, Vail Village 12th Filing; 8) A request for a recommendation to the Vail Town Council to modify the official Town of Vail Rockfall Hazard Map to indicate approved mitigation for 3160 N. Frontage Road/Lot 12, Block 2, VailVillage 12'n Filling; 9) A request for a recommendation to the Vail Town Council for a text amendment to Section 12-84-8 (Density), Vail Town Code, to amend the GRFA requirements in the Ag and Open Space Zone District; 1 0) A iequeit for a variance from Section to '12-84-5 (Lot Area and Site.Dimensions) to allow for a subdivision creating a lot which is less than 35 acres, located at Lot 12, Block 2, Vail Village 12th Filing (Booth Falls Tennis Courts); 1 1) A requelt for a major subdivision in accordance with Title 1 3, Chapter 3, Vail Town Code, and setting forth details in regards thereto, located at Lots 11 and 12, Block2, vaii Viriage t iin Flting and Tract c, -Bloct< 1 , Vail Village 1 2th Filing. i Attachment: B 'Fl* Applicant: val uttain School, represented by Braun R.ti"t"", tn".Planner: Russ Forrest The applications and information about the proposals are available for public inspection during regular office hours in the project plannef s office, located at the Town of Vail Community Development Department, 75 South Frontrage Road. The public is invited to aftend project orientation and the site visits that precede the public hearing in the Town of Vail Community Development Department. Please call 47 9-21 38 for information. Sign language interpretation available upon request with 24-hour notification. Please call 479- 2356, Telephone for the Hearing lmpaired, for information. Community Development Department ? Published July 5, 2002 in the Vail Daily. . .o ,ry ANTL€RS AT \NIL www.antlersvail.com MEMORANDUM To: Town of Vail, Community Development From: Robert LeVine, General Manager Date: June 22,2OO2 Subject Fractional Fee Conditional Use for Antlers Redevelopment Please be advised thatthe AnUers Condominium Association wholeheartedly supports and approves the sale and use of fractionalfee units for the remainder of the new condominiums, builtas partof the AnUers redevelopment. In accordance with the prescribed amendmentprocedures, the AssociaUon has recenUy adopted a supplementto the Condominium Declaration and an amendmenttothe Bylaws which accommodates the sale and use of such fractionalfee units. Please call me if there are any quesUons. Attachment: C 680 West Lionshead Place Vail, Colorado 81657 (970) 476-2471 FAX (970) 476-4146 info@antlersvail.com T \NIL ,# ANTL€RS A www.antlersvail.com The Antlers Condominium Association, as developer and seller of the property's new condominiums, wishes to market some or all of the remaining condominiums as fractional fee units, specifically quarter shares. Each of the quarter share owners will have the right to use their specific unit 13 weeks out of the year, and will be encouraged to make their condominium available for short term rentals when they're not using it, iust like all of the 'whole" owners. There is a tendency for "high-end" purchasers to rent out their units less, or not at all. Such condominiums sit empty as much as 40 or 50 weeks per year. Since the town depends on sales tax revenues to cover much of its expenses, these empty units or "cold beds" do nothing to support the town's economy. The owners of fractional fee units are already sharing their property with others, and they will be much more likely to rent the unit out when they're not using it themselves. Although the incidence of owner usage will probably go up as well (since there are more owners), whether it's them or a paying guest who stays there, each will eat in the restaurants, shop in the shops and skion the mountain. The town's sales tax revenues will clearly improve with the higher year-round occupancy. ln terms of the physicaldevelopment objectives of the Town, this conditional use Gauses no difference whatsoever. This is evidenced by the fact that the building was already built with whole ownership in mind. The change to fractionalfee units has liftle or no impact on the physical plant. C, D, & E. There will be no change whatsoever from the development as it was approved in the spring of 2000. The impact of the Antlers on the surrounding environment and infrastructure will be no different whether the condominiums are owned by a single party or four separate parties ... other than the propensity to be rented out more, as mentioned above. Since the original redevelopment was approved with the clear hope and expectation that the units would be rented and constitute "Warm beds", this change to fractional ownership does nothing other than further that objective. Unlike some fractional fee clubs. which allow the owners to use the facilities (parking, etc.) even when it's not'thei/'time, the Antlers will not enenurage that. The capacity and use of the property, and hence the impact on traffic, etc. will be no different than when it is currently in full occupancy. 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