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HomeMy WebLinkAboutbocc.res.067.1999RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, COLORADO DETERMINATION ON BISHOP FAMILY TRUST TAKING HEARING FINDING NO TAKING RESOLUTION #99- et, 7 RECITALS WHEREAS, the Board of County Commissioners of Pitkin County, Colorado makes the following findings: 1. The Bishop Family Trust ("Applicant") is the owner of a parcel of land known as Lot 5, Bonanza Placer, Castle Creek Road, Aspen, Colorado (the "subject parcel"). The abbreviated legal description of the subject parcel is "a parcel of land being a portion of the Bonanza Placer M.S. 5840 located in Sections 13, 23 and 24 of Township 10 South, Range 85 West of the 6th p.m., Pitkin County, Colorado." 2. On January 27, 1999, by Resolution 99-22 , the Board of County Commissioners ("BOCC") denied an application for the Bishop Family Trust 1041 Hazard Review, Conceptual Submission and Special Review for a TDR Receiver Site (the "Bishop Family Trust land use application denial"). 3. The Applicant applied to the BOCC for a takings determination hearing pursuant to section 4-150 of the Pitkin County Land Use Code. The Applicant contended that the Bishop Family Trust land use application denial constituted a taking of private property without just compensation. 3. On February 24, 1999, at a public meeting, the BOCC considered the evidence and testimony presented by the County Attorney's Office, the Community Development Department and the Applicant on the issue of whether the Bishop Family Trust land use application denial effected a compensable taking of private property. 4. After considering all of the evidence and testimony presented and made a part of the record, the BOCC determined that no taking had occurred pursuant to section 3-290 and 4-150 of the Code. In addition to the record evidence that supports the BOCC's determination, the BOCC makes the findings based on the evidence presented at the hearing: a. The Applicant knew or should have known when he purchased the property that the subject property had no development right, its developability was constrained by serious geologic hazards and that the Pitkin County Land Use Code prohibited development in these hazard areas. Therefore, as supported by the following find ngs, the Applicant does 111111 IIIII 111111 III 111111 It 1111111 III 11111 It 1111 430657 05/05/1999 09:32A RESOLUTI DAVIS SILVI 1 of 4 R 0.00 D 0 00 N 0.00 PITKIN COUNTY CO Resolution #99- 7 Page 2 not have a reasonable investment backed expectation to develop the subject parcel as proposed in hazard areas: i. At the time of the Applicant's initial acquisition in 1991, the subject property had no development right associated with it. ii. At the time of the Applicant's initial acquisition in 1991, the subject property was within several mapped hazard areas, including: avalanche hazard areas; slopes greater than 30%; areas of high visual vulnerability; and proximity to critical, severe and normal Elk habitat and winter range. iii. At the time of the Applicant's initial acquisition in 1991, the Pitkin County Land Use Code prohibited development in avalanche hazard areas and on slopes in excess of thirty percent (30%). iv. The Applicant quit -claimed its interest in the subject property to Draper Bank on September of 1992. v. In 1993, Draper Bank filed an application for development approval seeking 1041 review and a growth management allocation on the subject property which was denied due to the geologic constraints of and hazards on the site. vi. In 1997, the Applicant re -acquired the subject property. Based on the Applicant's testimony at the takings hearing, the Applicant received an undisclosed amount of money from Draper Bank to take title to the subject property. In effect, the Applicant paid nothing for the subject property. vii. At the time of the Applicant's re -acquisition in 1997, the subject property was within several mapped hazard areas, including: steep slopes and high and moderate hazard avalanche zones. viii. At the time of the Applicant's re -acquisition in 1997, the Pitkin County Land Use Code prohibited development on slopes in excess of thirty percent (30%) and in high hazard avalanche zones. ix. At the time of the Applicant's re -acquisition in 1997, the Applicant was on notice that a District Court Judge had taken the position that the Applicant's lender, Draper Bank, had taken the property "with knowledge of the physical access limitations" and that its acquisition of the property was "speculative." The Applicant was further on notice that without the development approvals the subject parcel only had a value of $350,000.00 according to Draper Bank. x. Given the mapped hazards and the prohibitions of development contained in the Pitkin County Land Use Code, it was not reasonable for the Applicant to expect to develop the subject property as proposed. xi. The Applicant's re -acquisition price of zero dollars, reflects the Applicant's lack of expectation regarding the developability of the subject parcel. � 11111 1111 MIMI It 111111111 11111 1111 430657 05/05/1999 09:32A RESOLUTI DAVIS SILVI 2 of 4 R 0.00 D 0 00 N 0.00 PITKIN COUNTY CO Resolution #99- 6 7 Page 3 xii. The 1992 appraisal of the subject property submitted by the Applicant but prepared for Draper Bank is based on faulty assumptions, including that the subject parcel is developable with single-family uses in hazard areas. Other appraisals also prepared for Draper Bank acknowledged that the subject parcel may not be developable and valued it at only $350,000.00. xiii. Despite the Applicant's zero dollar investment, the Applicant has already made at least $400,000.00 from a lot line adjustment and sale of two acres of the subject parcel to a neighboring parcel owner. xiv. Any further development or economic retum that would benefit the Applicant would constitute windfall profits. b. The Applicant has not been denied all reasonable use and economic return in connection with the denial of its development application and remaining potentially beneficial uses of the property remain: The Applicant through a lot line adjustment and sale of an approximately 2 acre portion of the subject parcel has already received an economic return on the subject property of $400,000.00. Given the severe geologic constraints on the developability of the subject property and the fact that the Applicant acquired the property for nothing, the return already achieved by the Applicant has exceeded his reasonable investment -backed expectations. ii. Potentially beneficial uses of the subject property remain. The Applicant may have the ability to seek safe access through a neighboring parcel, and it may be possible for the Applicant to relocate the building site to a less hazardous area. The Applicant has not applied to use the subject parcel with a safer access way or safer building envelope location. In either case, determining that there is no beneficial use that could be made of the subject property is an impossibility at this point because the Applicant has not received a final determination on either of these issues. NOW THEREFORE, be it resolved by the Board of County Commissioners of Pitkin County, State of Colorado, that the Board's denial of the Bishop Family Trust 1041 Hazard Review Application and Request for a Growth Management Quota System Exemption for a TDR Receiver Site does not constitute a taking pursuant to sections 3- 290 and 4-150 of the Pitkin County Land Use Code. 1111111111111111111111 111111111111111111111111111111111 430657 05/05/1999 09:32R RESOLUTI DAVIS SILVI 3 of 4 R 0.00 D 0.00 N 0.00 PITKIN COUNTY CO Resolution #99- 4 7 Page 4 PUBLIC MEETING HELD AND TAKINGS DETERMINATION RENDERED ON FEBRUARY 24, 1999. ATTEST: ndee Dean, eputy Clerk APPROVED AS TO FORM: John M. County Attorney BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, COLORADO Leslie Lamont, t� glAntrIrd L ir Date: Suz Cou Man 1 AhWt tat/ a Konn, 1111111111111111111111111111111111111111111111111111111 430657 05/05/1999 09:32R RESOLUTI DAVIS SILVI 4 of 4 R 0.00 D 0 00 N 0.00 PITKIN COUNTY CO MIA/6/99 C:\WINDOWS\PersonalWavorites\TAKING HEARINGS\Bishop Taking Hearing Reso..doc