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HomeMy WebLinkAboutORDINANCE 03-78a ORDINANCE NO.3 -78 AN ORDINANCE AMENDING SECTION 17.64.040 OF TITLE 17 OF THE MUNICIPAL CODE OF THE TOWN OF ESTES PARK,COLORADO,THE SAME PERTAIN ING TO ZONING. BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK,COLORADO: Section 1.That Section 17.64.040 of Title 17 of the Municipal Code of the Town of Estes Park,Colorado,is amended as follows: 17.64.040 Payment in lieu of parking space,five (5) year payment schedule,and guarantee form and deposit.In lieu of the above requirement for off-street parking,the property owner may,upon the recommendation of the planning commission and the approval of the Board of Trustees,pay to the Town the sum of seven hundred and fifty dollars per required off street parking space.The foregoing sum shall be placed by the Town in a fund for the acquisition of off-street parking space by the Town within the corporate limits of the Town.The term “acquisition”as used in this Section shall mean either the purchase of title to land or the lease of land for such purpose. The Board of Trustees shall use its best efforts to acquire land and improve the same for off—street parking purposes with the monies received and deposited in said fund.The foregoing sum may be paid in five (5)equal installments without interest.The first installment shall be due on the date the building permit is issued for the subject property for which such in lieu parking space payment is being made,and the remaining installment pay ments shall be made on the same date each year thereafter until the total in lieu sum has been paid in full.The installment pay ments shall be guaranteed by a surety bond deposited with the Town’s treasurer prior to the issuance of the first building permit for said property,or such other guarantee of payment that is accept able to the Board of Trustees.Such bond shall be conditioned 1.’fl upon the payment of all of the foregoing installments due the Town on the due date thereof.Said bond shall be that of a surety company authorized to do business in the State of Colorado and acceptable to the Town. Section 2.The Board of Trustees of the Town of Estes Park,Colorado,herewith finds,determines,and designates that this Ordinance is necessary for the immediate preservation of the public peace,health and safety,for zoning and off-street parking affects the public peace,health and safety;and whereas, in the opinion of the Board of Trustees,an emergency exists, this Ordinance shall take effect and be in force after its final passage,adoption and the approval and signature of the Mayor. PASSED BY THE BOARD OF TRUSTEES THIS 24th DAY OF January ,1978 /I ‘7 — /MAYOR TOWN OF ESTES PARK,COLORADO I HEREBY CERTIFY AND ATTEST THAT THE ABOVE ORDINANCE WAS INTRODUCED AND READ AT A REGULAR MEETING OF THE BOARD OF TRUSTEES ON THE 24th DAY OF January ,1978__,AND PUBLISHED IN A NEWSPAPER OF GENERAL CIRCULATION IN THE TOWN OF ESTES PARK, COLORADO,ON THE 27th DAY OF January 1978, ALL AS REQUIRED BY THE STATUTES OF THE STATE OF COLORADO. /1/ TOWN CLERK