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HomeMy WebLinkAboutORDINANCE 08-25ORDINANCE 08-25 AN ORDINANCE REZONING 685 PEAK VIEW DRIVE E-1 (ESTATE) TO R (SINGLE- FAMILY RESIDENTIAL) WHEREAS, the property addressed 685 Peak View Drive and legally described as Lot 4, Coyote Run Subdivision is currently zoned E-1 (Estate); and WHEREAS, the property owner Frank Theis of CMS Planning and Development, Inc. has applied for the subject property to be rezoned to R (Single-family Residential); and WHEREAS, the Estes Park Planning Commission forwarded to the Town Board of Trustees a recommendation of approval at their June 17, 2025 meeting; and WHEREAS, the application for rezoning meets the criteria for an Official Zoning Map amendment as listed in section 3.3 of the Estes Park Development Code. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO: Section 1: The Board finds this Official Zoning Map amendment necessary to address changes in conditions in the areas affected. Section 2: The Board finds the conceptual subdivision plan, depicted on Exhibit A, which this Official Zoning Map amendment would allow, is compatible and consistent with the policies and intent of the Comprehensive Plan and with existing growth and development patterns in the Estes Valley. Section 3: The Board finds the Town, County and other relevant service providers have the ability to provide adequate services and facilities that might be required with approval of this Official Zoning Map amendment. Section 4: The application for the Official Zoning Mlap amendment is hereby approved conditioned upon the following, which the applicant has voluntarily offered as part of its application for consideration of the zoning amendment and which are essential to the Board's determination to approve the application: a. A minimum of eight lots within the rezoned area shall be deed restricted as housing affordable to households earning no more than 80% of the area median income and otherwise shall meet the requirements for attainable housing in section 11.4 of the Development Code. Purchase prices may be adjusted by consent of the Town or its agent, up to an affordability level of 115% of the area median income. The Town, acting by and through the Town Administrator with the approval of the Town Attorney, shall interpret and apply this condition and prepare and approve such a deed restriction, and any amendments, with terms they find reasonable and generally consistent with deed restrictions approved previously for other attainable developments (except any deed restrictions approved previously only by an approved variance). The deed restriction must be finally executed by all its parties within sixty days of the effective date of this Ordinance, or the zoning amendment shall lapse and the subject property shall return automatically to E-1 zoning. No subdivision or development plan for the subject property shall be finally approved unless the eight lots to be restricted are identified, platted, and specifically placed under the deed restriction. b. All subsequent subdivision applications shall be in general conformance with the conceptual subdivision plan depicted in Exhibit A, including access, open space, and lot size and layout, unless the Board of Trustees in the approval of such a subdivision expressly overrides this condition. Section 5: This Ordinance shall take effect and be enforced thirty (30) days after its adoption and publication by title. PASSED AND ADOPTED by the Board of Trustees of the Town of Estes Park, Colorado this 24TH day of JUNE, 2025. TOWN OF ESTES PARK Mayor ATTEST: TcSwn Clerku" I hereby certify that the above Ordinance was introduced at a regular meeting of the Board of Trustees on the 24TH day of JUNE, 2025 and published by title in a newspaper of general circulation in the Town of Estes Park, Colorado, on the 27TH day ofJLJNE, 2025, all as required by the Statutes of the State of Colorado.^To\Vn Clerk APPROVED AS TO FORM: a.uX^ Counsel sc&l£ I PRa-I_Ni r=1CO' |1965-C5-^IN HOK^. ^^^k11^i-i7 104^ ^5^SS—2^- VtiqTTO