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^ �DISTRICT COIIRT, PITRIN COIIN'iR, COLORADO #s,��,.t,,��
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ACTION NO. 92DR25-3 � CI L/-'�� `i �` � �,L•
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STIPiTI,ATION PURSUANT TO C.R.S. S 30-28-101(10)(C)(II) r�� ;-y�. .�;�:
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In Re the Marriage of: � �
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GAYLE CHITTY, 'i;
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petitioner, �� + `'`
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u. MONTGOMERY CHITTY iO "�"
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Respondent. � i� ;;
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4 The parties above-named, through their attorneys, the Board of 5 '''1� '
� County Commissioners of Pitkin County, Colorado, through the Pitkin �
. ,-,� County Xttorney, and William Dixon, as custodian for Warne W. T �,,'
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Chitty and Fallon M. Chitty, here}ay stipulate and agree as follows: � �.'���:�
5 � �i.`�,
�� 1. This action was commenced on April 16, 1992. � �
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� �j 2. A Separation Agreement between the Petitioner and the p j
i \ Respondent was filed in this action on August 4, 1993. o
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� 3. Paragraph 19 of the Separation Agreement provides for the � r
disposition of certain real property compromising approximately �s'
� 15.38 acres adjacent to Snowmass Creek in Pitkin County.
�
ii 4. As a condztion of such disposition, the parties filed and ;� (
served notice on the Board of County Commissioners pursuant to
� C.R.S. 30-28-101{10)(c){II), which permits the Board to join as a �
i party in interest to the proceedings for the purpose of raising the
,� issue of evasion of subdivision regulations.
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5. By Motion filed September 13, 1992, the Board joined this
�� action as a party in interest for the purpose specified above.
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� 6. The Petitioner, the Respondent, the Board and William
�'� Dixon as custodian for the Chitty children, have reached the �
agreements embodied in this Stipulation, pursuant to which the "
Hoard finds that, subject to full compliance with the terms ; .
' specified herein, there is no intent to evade Pitkin County ',;��
subdivision regulations by the proposed disposition of the -` '�
property, and that the requirements of C.R.S. 30-28-101(10)(c)(II) -
are satisfied. ,i
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, 7. The real property, a legal description of which is ��
attached hereto as Exhibit A, may be divided into two separate �`
parcels of approximately equal size, along a line perpendicular to �" ' J -
Snowmass Creek and Snowmass Creek Road. Such division of the � , �~.
1 �� �
p r o p e r t y, a s w e 1 1 a s c omp liance wi t h t he o t hez terms o f t his = �
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Stipulation, including building envelopes, shall be more N.;„.��,^.:�:`;-,�
• �particularly shown in a subdivision plat to be approved bp the kf.,-,; �,:``.`.
Board and recorded in the records of the Pitkin County Clerk and `"' '' �'4
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Recorder. - -
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8. The northernmost parcel (Parcel A) is improved with a � . �.�
primary single-family sesidence and a separate zental unit. Parcel ,. �' -_
A ahall be owned initially by the Petitioner. Parcel A shall be �n '�' . ;'�.>�
deed-restricted to limit the maximum size of the primary single- r��
family residence to 6000 square feet, calculated according to the l�``
requirements of the Pitkin County Land Use Code in effect on the �
date of this Stipulation. i
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9. The rental unit on Parcel A may remain on the property, ��' '`:' r-y'
and sha1Z be deed-restricted in £avor of Pitkin County as an n 'k-; -
employee dwelling unit and be part of the rental stock of � ��,, ,
ti affordable housing regulated by the Aspen/Pitkin County Housinq �n •?- .
� Authority ("APCHA") according to the annuaZ qualification m ?c.' `!
° quidelines. The size of the EDU sha11 not exceed 800 square feet.
A building envelope of 6,OD0 square feet shall be designated for �
� the EDU within Parcel A, such portion of Parcel A will be zoned � ^�:
Permanent Moderate Housing (PMFij as defined in the Pitkin County ,rJ-,' v '
u Code and subject to all of the limitations and requirements of �
� ,� rental housing in the PMH zone. The PMEi building envelope and EDU r �;�
;'� may be relocated within Parcel A, so long as the requirements of � 't�`
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the deed restriction and the PMH zoning are othenuise satisfied. r��
j � Prior to any conveyance of Parcel A or no later than one year from ;-. �'
u� the date of court approval of this Stipulation, whichever occurs T
- i m first, the Owner shall file an application in accordance with the � �i'
� �.7 Pitkin County Land Use Code seeking approval of the rental unit as � �
� \ an EDU and the rezoning to PMH described herein. Within ten days � ;
i �.,� of court approvaZ of this Stipulation, the owners of Parcel A and
� 'Sr B shall post adequate security for the faithful performance of the >:;iw
obligation specified in the preceding sentence in a form and amount o
,ri, acceptable to Pitkin County in the reasonable exercise of its " i '
`� disczetion. The County agrees that it shall not deny or limit any �
u Suilding Permit requested for the construction of additional
improvements consistent with this Stipulation and the Pitkin County
�'7 Land Use Code on Parcel A based on any denial of the application
� seeking approval of the rental unit as an EDU and the rezoning to �
� PMH described herein. �
10. The southernmost parcel (Parcel B) is presently
°� unimproved. Parcel B shall be deed-restricted to resident
Q' occupancy only, as specified herein. The owner of such property _,.,.
�r must be and have been a permanent resident of Pitkin County, as
� defined by the annual APCHA guidelines, for two years prior to °
purchase. Such person shall have an annual income of not more than 3
$200,OQ0.00 and net asseCs of not more than $400,000.00, as �
determined in accordance with the APCHA guidelines. Parcel B must
be owned and occupied solely as the primary residence of the owner
thereof. Parcel B shall be deed zestricted to limit the maximum , j
size of the single-family residence to 4000 square feet, calculated
. according to the requirements of the Pitkin County Land Use Code in �';_
effect on the date of this Stipulation. Parcel B shall be "
initially owned by the Respondent. Any sale of Parcel B by the ' '-
Respondent shall be unrestzicted as to price. Thereafter the first .,1 � I
sale to a qualified purchaser shall be subject to a sales price
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r4striction, whereby the maximum sales price shall not exceed the ' �"�'� y
' seller's purchase price plus the lesser of CPI-U or 3$. The �j„
limitation of the grevious sentence shall apply only if such owner �;':I�y
sells the property with the first three �� �•
years of ownership thereof. Upon expiration of the three year . fi=' `.
period or after any sale of the property to a qualified purchaser ?�,; "^�
within the three-year period, whichever occurs first, the saies ;,•,.•-'•.
price ahall be unreatricted. � � ''�r�
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11. Any owner of Parcel B may request the Board of County cn ��=,
Commissioners to increase the income and asset limitations of the ���
preceding paragraph. In responding to any such request, the Board ` s.`..-
shall be guided by the purpose of ,such income and asset m � ,,r`,
limitations, which is to limit the market for such property to �
persons who do not qualify for employee housing but may not be able �
to afford comparable housing on the open market. Any increase in ,
� such income and asset liunitations shall be designed to include „
t� persons of financial means comparable to those persons who would �. ` '�
° qualify as purchasers under the initial limitations, taking into J �
account inflationary and other economic factors. The Board shall
�� act reasonably in making any such determination. �
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, LL 12. This Stipulation shall fully satisfy the interest of the �
� �':,
� ;1 Board of County Commissioners of Pitkin County in this action. '� ;u�;
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13. In recognition of the issues to be addressed by the �
� 5, Petitioner and the Respondent in this action, including the terms � '
�� and conditions for interests in the Property, and those of William •.
- m Dixon as custodian for Warne W. Chitty and Fallon M. Chitty, minor �;,
�� children, this Stipulation shall not be effective unless and until n �
� the Separation Agreement executed by the parties and filed August „ °:
��� 4, I993, as it may be amended by agreement of the parties, is � -
'S approved by the Court. �� '' �
° 14. This Stipulation shall be submitted to the Court for o
i � approval in this action and shall be incorporated in the court's �
� � decree. This Stipulation shall be of no force and effect vntil �
' appzoved by the Court. Opon approval, no relief shall be sought by
� � any party which is inconsistent with the terms of this Stipulation. �
� � 15. The parties agree to cooperate in the execution of any �
'� and all documents necessary to effectuate this Stipulation.
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� �� 16. This Stipulation is binding upon and sha1Z inure to the
�' benefit of, the heirs, assigns, and personal representatives of the_... !��
� parties hereto, b'
. 17. No modification or waiver of any of the provisions of �
this Stipulation shaZl be binding upon or enforceable against the ,
parties unless reduced to writing and signed by the parties.
18. This Agreement shall be interpreted and enforced in ��4�`
accordance with the laws of the State of Colorado.
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Reapectfully submitted this � S t'" day of t, i994. p �, r ,:
GARFIELD fi HECHT, .P.C. AUSTIN, PEIRCE 6 SMITfi, P.C. _� / �
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BY �i/ ��-I" - $Y �n '_
David L. Lenyo, # 178 Tho Fenton Smith, 6463 �;� ,.
601 E. Hyman !� nue 600 East Hopkins Avenue r
Aspen, CO 81611 Suite ¥2Q5 m �
(3Q3) 925-1936 Aspen, Colorado 81611 �
-- - (303) 925-2600 �` " '"':�.'
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ATTORNEYS FOR PETITIONER ATTORNEYS FOA RESPONDENT ;, ,�a,'
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� William Dixon, Esq. John M. Ely,�. 4=067 � '''i'
. � � DAVIS, MINER, BARNSHILL & Assistan�F-i-f in County Attorney m
rAT.T,ANp 53d E. Main St. � ;��,,.�1',
! � 44 E. Mifflin Street, #803 Aspen, CO 81611 � ' ,i
" 303 920-5190 �
Madison, WI 53703 ( ) ��,•
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'� CUSTODIAN FOR WARNE and ATTORNEY FOR TFIE BOARD OF COUNTY �
' n� FALLQN CHITTY COMMI55IONERS OF PITKIN CQUNTY ii C �
ry
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°� CERTIFICATE OF SERYTCE m
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I hereby certify that I have served true and accurate copies o ;��
5 of the within STIPDLATION PIIRSIIANT TO C.R.S. S 30-28-101(10)(C)(II) 1
- to the below listed person by hand delivery this day of �
� August, 1944, addressed as follows: $
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i LL ' David L. Lenyo, Esq. � �
?� r.� Garfield & Aecht, P.C.
� 601 East Hyman Avenue
� � Aspen, Colorado 81611
303/9Z5-30U8 (Eacsi_mile) �
u� William Dixon, Esq, o
� DAVZS, MINER, SARNSHIIS, & �=AT.T.AND ' '
� m 44 E. Mifflin Street, #803 �"
ri Madison, WI 53703 ;`
� John M. Ely, Esq. I=
Assistant Pitkin County Attorney iA{
I 530 E. Main St.
�?:
Aspen, CO 81611 �1'
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• ESHIBIT A �=. '`., .
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I A parcel of land being located in Section 14, Township 9 .� �.�.,_`
South, Range B6 West of the 6th P.M. Said parcel is more fully �� ;
described as follows: Beginninq at the northeast corner of said ro �% ' �
Section 14, thence S 00"17•15" W 1330.56 feet alonq the easterly a:�::`;i- ,'
line of said Section 14; thence N 89°34'09" W 650.00 feet to the �
_ = true point of beginning; thence S 05°54'14" W 856.56 feet; thence � ' Y �
west 960.61 feet; tttence N I2°04' E 824.40 feet; thence N 07°20' E ,�
1; 50.00 feet; thence S 89°34'09" E 394.65 feet; thence S 08°30' E �'
� 247.05 feet; thence east I10.23 feet; thence N 54°55'18" E 418.76
'; feet to the true point of beginning, containing 16.4142 acres more 'i' `€ ''
� of less, excepting from the above-described pazcel 1.02 acres more �� -?'
�- or less which is occupied by Snowmass Creek Road, a Pitkin County .o
� Road; said property known as 4994 Snowmass Creek Road. '
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