TC Ord. No. 1988-11• #
ORDINANCE NO. 88 - 11
AN ORDINANCE AMENDING CHAPTER 17.22
OF THE TOWN OF AVON RELATING TO
FRACTIONALIZATION OF DEVELOPMENT RIGHTS
WHEREAS, Ordinance No. 84-10 finally adopted on
September 12, 1984, permitted the fractionalization of
development rights; and
WHEREAS, the purpose and intent of said Ordinance
No. 84-10 have not been accomplished in practice; and
WHEREAS, it is hereby determined that the purpose
and intent of said Ordinance No. 84-10 will be served by the
amendments hereinafter contained;
BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF
AVON, COLORADO:
Section 1. Amendment. Paragraph D of section
17.22.020 of Chapter 17.22, Title 17, Municipal Code of the
Town of Avon is amended to read as follows:
"D. Fractionalization of whole residential
development rights may be considered for conver-
sion at the applicant°s application pursuant to
the administrative procedures established, to any
combination of housing types, based upon the
application of the following fractions to the
fractionalization formula:
Maximum
Unit
Size
Fraction of DR
801
thru
1200
sq.
ft.
3/4
601
thru
800
sq.
ft.
1/2
451
thru
600
sq.
ft.
1/3
0
thru
450
sq.
ft.
1/4
provided the maximum number of units shall be
limited to 212 units per residential development
right, except in RHDC (Residential High Density
and Commercial), SC (Shopping Center) and TC (Town
Center) Zone Districts where a maximum of four
units per residential development right shall be
allowed.
Section 2. Effective Date. This Ordinance shall
be effective upon final adoption and publication and shall
apply to all applications now pending before the Planning
and Zoning Commission of the Town except those applications
which had received preliminary design approval prior to
passage hereof.
INTRODUCED, PASSED ON FIRST READING, APPROVED AND ORDERED
POSTED, THIS 14th day of June, 1988 and a public hearing on
this Ordinance shall be held at the regular meeting of the
Town Council of the Town of Avon, Colorado, on the 28th day
of June, 1988 at 7:30 P.M. in the Municipal Building of the
Town of Avon, Colorado.
ATTEST:
/s/ Allan R. Nottingham
Allan R. Nottingham, Mayor
/s/ Patricia J. Doyle
Patricia J. Doyle
Town Clerk
INTRODUCED, PASSED ON SECOND READING, APPROVED AND
ORDERED POSTED this 28th day of June 1 1988.
Allan R. Notting Mayor
0 9
ORDINANCE NO. 88 - 11
AN ORDINANCE AMENDING CHAPTER 17.22
OF THE TOWN OF AVON RELATING TO
FRACTIONALIZATION OF DEVELOPMENT RIGHTS
WHEREAS, Ordinance No. 84-10 finally adopted on
September 12, 1984, permitted the fractionalization of
development rights; and
WHEREAS, the purpose and intent of said Ordinance
No. 84-10 have not been accomplished in practice; and
WHEREAS, it is hereby determined that the purpose
and intent of said Ordinance No. 84-10 will be served by the
amendments hereinafter contained;
BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF
AVON, COLORADO:
Section 1. Amendment. Paragraph D of section
17.22.020 of Chapter 17.22, Title 17, Municipal Code of the
Town of Avon is amended to read as follows:
"D. Fractions of a whole residential devel-
opment right can be converted, at the applicant's
election pursuant to the administrative procedures
established, to any combination of housing types,
based upon the application of the following
fractions to the fractionalization formula:
Maximum
Unit
Size
Fraction of DR
801
thru 1200
sq.
ft.
3/4
651
thru 800
sq.
ft.
112
451
thru 650
sq.
ft.
1/3
0
thru 450
sq.
ft.
1/4
provided, the fraction of one-quarter may be
applied to the formula only on lots located in the
Residential High Density and Commercial, Shopping
Center and Town Center Zone Districts.
INTRODUCED, PASSED ON FIRST READING, APPROVED AND ORDERED
POSTED, THIS 14th day of June , 1988
and a public hearing on this Ordinance shall be held at the
regular meeting of the Town Council of the Town of Avon,
Colorado, on the 28th day of June , 1988 at
7:30 P.N. in the Municipal Building of the Town of Avon,
Colorado.
ATT
atr_ icia J V Doy
T6wn Clerk
L.
Allan R, o ting m, Mayor
INTRODUCED, PASSED ON SECOND READING, APPROVED AND
ORDERED POSTED this day of , 1988.
Allan R. Nottingham, Mayor
ATTEST:
Patricia J. Doyle
Town Clerk
02060788
•
STATE OF COLORADO )
COUNTY OF EAGLE ) SS
TOWN OF AVON )
•
NOTICE IS HEREBY GIVEN OF A PUBLIC HEARING BEFORE THE TOWN
COUNCIL OF THE TOWN OF AVON, COLORADO, AT 7:30 P.M. ON THE
28TH DAY OF JUNE, 1988, AT THE TOWN HALL FOR THE PURPOSE OF
CONSIDERING THE ADOPTION OF ORDINANCE NO. 88-12, SERIES OF
1988:
AN ORDINANCE AMENDING CHAPTER 17.22 OF THE TOWN OF AVON
RELATING TO FRACTIONALIZATION OF DEVELOPMENT RIGHTS
A copy of said Ordinance is attached hereto, and is also on file
at the office of the Town Clerk, and may be inspected during
regular business hours.
Following this hearing the Council may consider final passage
of this Ordinance.
This notice is given and published by order of the Town Council
of the Town of Avon, Colorado.
Dated this 14th day of June, 1988.
TO Vi-Parica ON, COLORADO
BYJ
. Do e, , To C e
POSTED AT THE FOLLOWING PUBLIC PLACES WITHIN THE TOWN OF
AVON ON JUNE 16 , 1988:
THE AVON POST OFFICE IN THE MAIN LOBBY
THE CITY MARKET IN THE MAIN LOBBY
THE PD 4UIK STATION; AND
THE AVON MUNICIPAL BUILDING IN THE MAIN LOBBY