TC Ord. No. 19-09 Approving a Minor PUD Amendment and Vested Rights Extension for Lot 1, Riverfront SubdivisionTOWN OF AVON, COLORADO
ORDINANCE 19-09
AMENDING THE AMENDED AND RESTATED DEVELOPMENT AGREEMENT
FOR THE CONFLUENCE TO EXTEND THE VESTED PROPERTY RIGHTS AND
APPROVING A MINOR PUD AMENDMENT FOR LOT 1, RIVERFRONT
SUBDIVISION
WHEREAS, the Town of Avon ("Town") is a home rule authority municipal corporation and
body politic organized under the laws of the State of Colorado and possessing the maximum
powers, authority and privileges to which it is entitled under Colorado law; and
WHEREAS, Points of Colorado Inc. ("Applicant" and "Owner") has submitted a Vested
Property Rights Application dated August 9, 2019 ("Vested Rights Application") to amend the
term of vesting outlined in the Amended and Restated Development Agreement for the Confluence
approved by Ordinance 06-03 ("Development Agreement"), as subsequently amended by
Ordinance 17-17, which vested rights are currently set to expire March 18, 2021; and
WHEREAS, Owner intends to develop Lot 1 in two phases, with one building being
constructed on Lot 1 as "Phase 1" and a second building being constructed on Lot 1 as "Phase 2";
and
WHEREAS, the Vested Rights Application seeks amendment of Section 2.2. of the
Development Agreement to extend the expiration date for vested rights to March 18, 2024 for
phase one of Lot 1 and March 18, 2025 for phase two of Lot 1; and
WHEREAS, the Applicant submitted a concurrent Minor PUD Amendment Application
("Minor PUD") to amend the development standards and design guidelines for Lot 1 of the
Riverfront Subdivision PUD Development Plan ("Project"); and
WHEREAS, the Vested Rights Application and Minor PUD are being reviewed and processed
concurrently pursuant to Avon Municipal Code §7.16.020(b)(4), Concurrent Review Permitted,
and
WHEREAS, pursuant to Avon Municipal Code §7.16.140(f), Extension of Vested Property
Rights, the Town Council finds the Vested Rights Application eligible for consideration since the
Application was submitted at least six (6) months prior to the expiration of the Vested Property
Rights approved by Ordinance 17-17; and
WHEREAS, the Town Council of the Town of Avon held public hearings on October 10,
2019, October 22, 2019, and November 12, 2019, after posting notice of such hearings in
accordance with the requirements of Section 7.16.020(d), Step 4: Notice, Avon Municipal Code,
and considered all comments provided before acting; and
Ord. 19-09Amending Confluence Development Agreement and Riverfront PUD
November 12, 2019 — SECOND READING Page 1 of 8
WHEREAS, the Town Council makes the following specific findings as the basis for its
decision as required by Avon Municipal Code §7.16.020(f)(3):
A. The Vested Rights Application meets the review criteria set forth in Avon Municipal
Code §7.16.140(e)(2); specifically:
1) Property values and the real estate market experienced a significant downturn for
several years, commencing locally in early 2009 and continuing for several years
during the initial vested rights period and market conditions for the construction of
new multi -family residential product have improved only recently; and,
2) The project complies with the Avon Comprehensive Plan; in particular Goal B.
Provide a balance of land uses that offer a range of housing options, diverse
commercial and employment opportunities, inviting guest accommodations, and
high quality civic and recreational facilities that work in concert to strengthen
Avon's identity as both a year-round residential community and as a commercial,
tourism and economic center; and,
3) The Project has provided public benefits through the dedication of land for the
Eagle river path, water rights dedications, river path construction, Eagle Valley trail
connection easement, two (2) deed -restricted units in the lodge building,
landscaping improvements, and employee housing mitigation funds; and,
4) The extended duration of the Vested Property Rights for the requested period is
reasonable considering the local, state and national economic recovery and local
market conditions for new construction of residential product.
WHEREAS, the Town Council makes the following specific findings as the basis for its
decision on the Minor PUD as required by Avon Municipal Code §7.16.020(f)(3):
A. The Application meets the eligibility requirements for a Minor PUD Amendment by
not increasing density, increasing the amount of nonresidential land use, or
significantly altering any approved building scale and mass of the development.
B. The PUD Amendment does not change the character of the development and maintains
the intent and integrity of the Riverfront PUD with condominium and multi -family
residential land uses with higher density on east side of Properties and reduced density
moving west.
C. The Application is in conformance with Avon Municipal Code §7.16.060(e)(4), Review
Criteria, and compared to the underlying zoning standards, the Minor PUD
Amendment is not likely to result in significant adverse impacts upon the natural
environment.
Ord. 19-09Amending Confluence Development Agreement and Riverfront PUD
November 12, 2019 — SECOND READING Page 2 of 8
WHEREAS, approval of this Ordinance on first reading is intended only to confirm that the
Town Council desires to comply with state law, the Avon home rule charter and the Avon
Development Code by setting a public hearing in order to provide the public an opportunity to
present testimony and evidence regarding the application and that approval of this Ordinance on
first reading does not constitute a representation that the Town Council, or any member of the
Town Council, supports, approves, rejects, or denies the proposed zoning or other matters in this
Ordinance.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF
AVON, COLORADO, the follow
Section 1. Recitals Incorporated. The above and foregoing recitals are incorporated herein
by reference and adopted as findings and determinations of the Town Council.
Section 2. Riverfront Development Agreement Amendment. The Amendment to the
Amended and Restated Development Agreement: The Confluence, attached hereto as Exhibit A is
hereby approved. The Mayor and Town Clerk are authorized to execute the Amendment to the
Amended and Restated Development Agreement: The Confluence.
Section 3. Riverfront Minor PUD Amendment Approved. The Riverfront Subdivision
PUD Development Plan, attached hereto as Exhibit B, is hereby approved and the Mayor and
Town Clerk are authorized to execute the PUD Plan Amendment.
Section 4. Recording. The Town Clerk shall cause the fully executed Amendment to the
Amended and Restated Development Agreement: The Confluence and the Development
Agreement Amendment and the amended Riverfront Subdivision PUD Development Plan to be
recorded at the Eagle County Clerk and Recorder's Office.
Section 5. Correction of Errors. Town Staff is authorized to insert proper dates, references
to recording information and make similar changes, and to correct any typographical, grammatical,
cross-reference, or other errors which may be discovered in any documents associated with this
Ordinance and documents approved by this Ordinance provided that such corrections do not
change the substantive terms and provisions of such documents.
Section 6. Severability. If any provision of this Ordinance, or the application of such
provision to any person or circumstance, is for any reason held to be invalid, such invalidity shall
not affect other provisions or applications of this Ordinance which can be given effect without the
invalid provision or application, and to this end the provisions of this Ordinance are declared to be
severable. The Town Council hereby declares that it would have passed this Ordinance and each
provision thereof, even though any one of the provisions might be declared unconstitutional or
invalid. As used in this Section, the term "provision" means and includes any part, division,
subdivision, section, subsection, sentence, clause or phrase; the term "application" means and
includes an application of an ordinance or any part thereof, whether considered or construed alone
or together with another ordinance or ordinances, or part thereof, of the Town.
Section 7. Effective Date. This Ordinance shall take effect thirty (30) days after the date of
Ord. 19-09Amending Confluence Development Agreement and Riverfront PUD
November 12, 2019 —SECOND READING Page 3 of 8
final passage in accordance with Section 6.4 of the Avon Home Rule Charter.
Section 8. Safety Clause. The Council hereby finds, determines and declares that this
Ordinance is promulgated under the general police power of the Town of Avon, that it is
promulgated for the health, safety and welfare of the public, and that this Ordinance is necessary
for the preservation of health and safety and for the protection of public convenience and welfare.
The Council further determines that the Ordinance bears a rational relation to the proper legislative
object sought to be obtained.
Section 9. Publication. The Town Clerk is ordered to publish this Ordinance in accordance
with Chapter l .l 6 of the Avon Municipal Code.
INTRODUCED AND ADOPTED ON FIRST READING AND REFERRED TO PUBLIC
HEARING on October 22, 2019 and setting such public hearing for November 12, 2019 at the
Council Chambers of the Avon Municipal Building, located at 100 Mikaela Way, Avon,
Colorado. mss,
B ATTEST:
' /•��/,, �,�-Q-l-
Sa ah Wiitli Hymes, 1yor Brenda Torres, Town C
ADOPTED ON SECOND AND FINAL READING on November 12,
Y:
WJA AA16W
Sarah Smith Hymes, or
ATTEST:
1—
Brenda Torres, Town
[own
Ord. 19-09Amending Confluence Development Agreement and Riverfront PUD
November 12, 2019 — SECOND READING
A L,
Wil OF,q 01�
: S ' A L:
Page 4 of 8
EXHIBIT A:
AMENDMENT TO AMENDED AND RESTATED DEVELOPMENT AGREMENT: The
Confluence
THIS AMENDMENT to the Amended and Restated Development Agreement The
Confluence, dated March 14, 2006, ("Amendment") is made and entered into on November 12,
2019, by and between Points Colordao, Inc., a Colorado corporation ("Owner") and the Town of
Avon, a Colorado home rule municipal corporation ("Town").
WHEREAS, the Owner applied to the Town for an extension of the vested property
rights for Lot 1, Riverfront Subdivision, which the Avon Town Council approved by Ordinance
19-09 on November 12, 2019.
NOW, THEREFORE, in consideration of the foregoing and the terms in the Amendment,
and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, Owner and Town agree as follows:
1. Section 2.2 Term is hereby amended to add the following language,
"Notwithstanding the foregoing, Owner and Town agree that the Term of this
Agreement and the vested property rights established under this Agreement shall
continue for Lot 1, Riverfront Subdivision as follows: For Phase 1 of Lot 1 as are
depicted on Exhibit 1 here to, until March 18, 2024; For Phase 2 of Lot 1 are depicted on
Exhibit 1 here to, until March 18, 2025".
2. All other terms of the Agreement shall remain the same.
[SIGNATURE PAGES BELOW]
Ord. 19-09Amending Confluence Development Agreement and Riverfront PUD
November 12, 2019 — SECOND READING Page 5 of 8
OWNER:
Points of Colorado, Inc., a Colorado corporation
By:
a_ 1dJ94'-J'-
Name: arnaid
Title:
STATE OForl l )
ss:
COUNTY OF O f A n )
The foregoing instrument was acknowledged before me this day of No v e /n bee ,
2019, by b o n 4 1 d • &4i - s ed S, of gyp; ntr�� Ch i a �d o Inc. a
Coloro o (bfpora
Witness my hand and official seal.
My commission expires: DE'Lrolb e,, 1% Z 02, 0
4�J�
Notary Public
Ord. 19-09Amending Confluence Development Agreement and Riverfront PUD
November 12, 2019 — SECOND READING Page 6 of 8
FRANCES CASTRO
t ;
Notary Public . State at Florida
Commission N GG 036517
N• d
my Comm. Expires Dec 11, 2020
Bo m tlwouo National Notary Assn.
Ord. 19-09Amending Confluence Development Agreement and Riverfront PUD
November 12, 2019 — SECOND READING Page 6 of 8
TOWN:
TOWN OF AVON, a Colorado home rule municipal corporation
N OF
By: 4AAAttest: 6MA'A
711
Sarah Smith Hymes,�IIayor Brenda Torres, To Gtl
v A L
STATE OF COLORADO )
COUNTY OF EAGLE
The foregoing instrument was acknowledged before me on �2 l°o rn1 , 2019, by
Sarah Smith Hymes, as Mayor of the Town of Avon, and Brenda Torres, as Town Clerk of the
Town of Avon.
Witness my hand and official seal.
My commission expires: d 1101'?,3
Notary Pu lie
JUDY L POPECK
NOTARY PUBLIC
STATE OF COLORADO
NOTARY ID 20024028179
My Commission Expires Febnaary 10, 2023
Ord. 19-09Amending Confluence Development Agreement and Riverfront PUD
November 12, 2019 — SECOND READING Page 7 of 8
_ _ I
Exhibit 1 — Phase 1 and Phase 2 Map
J_I l
Ord. 19-09Amending Confluence Development Agreement and Riverfrout PUD
November 12, 2019 —SECOND READING Page 8 of 8
6
`3 £
Q
E
(D
y E
2
a�
E n
NE a E a_ n m �' --
c o
a
t �
c
cf
= ?
c
a
pt<F ___
E
o
1.
-
j v
E
t r
=_ ''
r z ig
a?�
S n
<
- F
F
6
E= E
$ o v
-5.
v o o
o �o'E
-dE.N
(�m o a; = c m
Zc a 'm
o
LS
<W €�E o�;F
c `c
W oau o oa oUU-
Z`
O c cc =Tp ; Eo �TLoT
Z Z'ri cam' m � 3 t0W n
0 U my E
O ° c
Z a �E90 Qvg
J 'Q Z
°
c x c -
U
cn c v o D
W fi5o c r Q o °_ °c d
= dela W
car€�a
Y- i a c vd
uj
15 o�
O 5 3 oc'33:2-E� a,��,= dn.3
Ea
h Sji
N c OS. `c
oW o
W .o o
O n0 acc c, �E g;E�c E yNa dEa
Z m ac- u E c n a o c
J m Eo1
W `m E
t c <a � o
W ° o
o = c m° EE- o
c y A 3 a >> i,o
O a Ti m m.c =on'o
- _ o F c a - z E d
°- d o d o o X o c m a
F o .N 3 m n T d d m o d
`c `u Z`.w `° o m
w°n o E°°'n=
o d o v Y= n
-Ea`o `o EdE orJ o>,n
O o` a a n E= j m S a m o ur
>t0
Q v EL'd
-w d -
co t0m o. H'01"sEcldr oA 3do'°
'Q > m 'E o c_ E d o 9 Z m.E o
W f- cv En m Ea 3 o A
p ?:= A'ES ZDE Aa c'yH
Q O C d in r y 3'
h 7 N C 0
OF- Eta99gmmocE'� d�u myc�
o c
DE"Z o,3
Eco °u'S
Qa 'cy1 EE`E co
U Q o
c "� m > c t m `o o= < Q
22
Zg - Zo - o
N v o o r c~ -o 0
---8. o a
Z W O 3 c o oJNK -SS Eci s ° E
mnHWm ON NU
v
`3 £
Q
E
(D
y E
2
a�
E n
NE a E a_ n m �' --
c o
a
t �
�+
J
w u
x S
oE8-8m°�'�E„$E
a
NO
u 3i`5 a o.�
E
o
1.
-
j v
N
Eyai
d>y
r•a)
a?�
S n
� 8
E= E
$ o v
-5.
v o o
o �o'E
-dE.N
(�m o a; = c m
Zc a 'm
o
LS
<W €�E o�;F
c `c
W oau o oa oUU-
Z`
O c cc =Tp ; Eo �TLoT
Z Z'ri cam' m � 3 t0W n
0 U my E
O ° c
Z a �E90 Qvg
J 'Q Z
°
c x c -
U
cn c v o D
W fi5o c r Q o °_ °c d
= dela W
car€�a
Y- i a c vd
uj
15 o�
O 5 3 oc'33:2-E� a,��,= dn.3
Ea
h Sji
N c OS. `c
oW o
W .o o
O n0 acc c, �E g;E�c E yNa dEa
Z m ac- u E c n a o c
J m Eo1
W `m E
t c <a � o
W ° o
o = c m° EE- o
c y A 3 a >> i,o
O a Ti m m.c =on'o
- _ o F c a - z E d
°- d o d o o X o c m a
F o .N 3 m n T d d m o d
`c `u Z`.w `° o m
w°n o E°°'n=
o d o v Y= n
-Ea`o `o EdE orJ o>,n
O o` a a n E= j m S a m o ur
>t0
Q v EL'd
-w d -
co t0m o. H'01"sEcldr oA 3do'°
'Q > m 'E o c_ E d o 9 Z m.E o
W f- cv En m Ea 3 o A
p ?:= A'ES ZDE Aa c'yH
Q O C d in r y 3'
h 7 N C 0
OF- Eta99gmmocE'� d�u myc�
o c
DE"Z o,3
Eco °u'S
Qa 'cy1 EE`E co
U Q o
c "� m > c t m `o o= < Q
22
Zg - Zo - o
N v o o r c~ -o 0
---8. o a
Z W O 3 c o oJNK -SS Eci s ° E
mnHWm ON NU
v
`3 £
Q
E
(D
E E! � B.
2
a�
E E
NE a E a_ n m �' --
c o
OS
UO
a
L m£ E `
�+
J
w u
x S
oE8-8m°�'�E„$E
u 3i`5 a o.�
E
a
rn�
N
Eyai
d>y
r•a)
a?�
E= E
$ o v
-5.
v o o
o �o'E
-dE.N
(�m o a; = c m
Zc a 'm
o
LS
<W €�E o�;F
c `c
W oau o oa oUU-
Z`
O c cc =Tp ; Eo �TLoT
Z Z'ri cam' m � 3 t0W n
0 U my E
O ° c
Z a �E90 Qvg
J 'Q Z
°
c x c -
U
cn c v o D
W fi5o c r Q o °_ °c d
= dela W
car€�a
Y- i a c vd
uj
15 o�
O 5 3 oc'33:2-E� a,��,= dn.3
Ea
h Sji
N c OS. `c
oW o
W .o o
O n0 acc c, �E g;E�c E yNa dEa
Z m ac- u E c n a o c
J m Eo1
W `m E
t c <a � o
W ° o
o = c m° EE- o
c y A 3 a >> i,o
O a Ti m m.c =on'o
- _ o F c a - z E d
°- d o d o o X o c m a
F o .N 3 m n T d d m o d
`c `u Z`.w `° o m
w°n o E°°'n=
o d o v Y= n
-Ea`o `o EdE orJ o>,n
O o` a a n E= j m S a m o ur
>t0
Q v EL'd
-w d -
co t0m o. H'01"sEcldr oA 3do'°
'Q > m 'E o c_ E d o 9 Z m.E o
W f- cv En m Ea 3 o A
p ?:= A'ES ZDE Aa c'yH
Q O C d in r y 3'
h 7 N C 0
OF- Eta99gmmocE'� d�u myc�
o c
DE"Z o,3
Eco °u'S
Qa 'cy1 EE`E co
U Q o
c "� m > c t m `o o= < Q
22
Zg - Zo - o
N v o o r c~ -o 0
---8. o a
Z W O 3 c o oJNK -SS Eci s ° E
mnHWm ON NU
v
z
c
Q
E
(D
2
a�
E E
z
t
E
+' z -�
E_ c c=
s E E = c £ c 3
P
s = E-
ILI
-
2 E ' E
=Lj
F _ c F 3 = s -E r_ >e� T_
-
G E
E�-
c
`c `c E t _
t
2�
75
> - - > 2E
21
l
E c c "-
c E
3 -
0
.j te r. N E ' ^J L
J j r G t r v. J C .. j r
E> >`
CL
c_ CL
a s i� c - Z E E 5� G
E E E
jr
E W
O j
J _ U. W
E Li LU
E 5 E
Z
s
c '1'- c r ,F. `_'' c W - .c WO
.v c - _ _ - E o
LLI
_uiC v E
-- O
U�-c. E t`, E (D> .E
t => z W E z ¢c Z z c W
J
�EL:2
cc _ - 33 "'. E _ _ - - W x E E
tti r. ] f = 3 ~ t 's �•• - 2 SEs Tc
E
E
E G
E
a
1�
:1
■t
CL
C
fD
4�
........... . . .......
r
..................................
�,7,
co
. .... . . . ... --- ... . ...................................................
............. . ..... ....... . .... .. .. ..........
--- ---- ---
............
. .. . ....... . .. . .......... .. .. -- ----- - --------,rob -------
. .................................
............................ ..... .......
0
co
;u
C
C -0
, CD
A,
ILL
CD
3,
=7
-
U1 1
Q B
rn 0
rn 0
4,
L
a a
it
�l
c) 0
'ra
a
R
6 2
5.
T,
_j
6L
2
EF z ay
u
m �j
v �_
�3
Ei
13
_g
I -F
Fb
P,
z;
C S'
rTj
jj
Ft,
"L S
IT
5 C,
3- 5 a;
co
B
4 'Li
rT,
-6 2_�
o8
3
rmn
6
CP,
i6
Co
U)
uL
_Tj
61
a 3
rn
Cz
tD
iD
CL
C
fD
4�
........... . . .......
r
..................................
�,7,
co
. .... . . . ... --- ... . ...................................................
............. . ..... ....... . .... .. .. ..........
--- ---- ---
............
. .. . ....... . .. . .......... .. .. -- ----- - --------,rob -------
. .................................
............................ ..... .......
0
co
;u
C
C -0
, CD
A,
ILL
CD
3,
=7
Q B
rn 0
rn 0
4,
it
�l
'ra
a
R
6 2
65
Ej 6L
_j
EF z ay
u
m �j
v �_
�3
Ei
13
_g
I -F
Fb
P,
z;
C S'
rTj
17.
Ft,
"L S
5 C,
3- 5 a;
co
4 'Li
rT,
o8
3
rmn
6
CP,
i6
Co
uL
_Tj
61
CL
C
fD
4�
........... . . .......
r
..................................
�,7,
co
. .... . . . ... --- ... . ...................................................
............. . ..... ....... . .... .. .. ..........
--- ---- ---
............
. .. . ....... . .. . .......... .. .. -- ----- - --------,rob -------
. .................................
............................ ..... .......
0
co
;u
C
C -0
, CD
A,
CD
ID
CD
0
=7
it
�l
_j
CL
C
fD
4�
........... . . .......
r
..................................
�,7,
co
. .... . . . ... --- ... . ...................................................
............. . ..... ....... . .... .. .. ..........
--- ---- ---
............
. .. . ....... . .. . .......... .. .. -- ----- - --------,rob -------
. .................................
............................ ..... .......
0
co
z
0
m
m
m
i.z
0
K
m
m z
X
a) 0 M
A -0 X
u6c "n
.0
g ri♦
C)
m 0
0< z
X rm
00
Z VAI
Dm
ZM
0 z
m
<
IF �
> CO
oz_
_9 0
o Z
X
F
0
--i
v
A,
z
0
m
m
m
i.z
0
K
m
m z
X
a) 0 M
A -0 X
u6c "n
.0
g ri♦
C)
m 0
0< z
X rm
00
Z VAI
Dm
ZM
0 z
m
<
IF �
> CO
oz_
_9 0
o Z
X
F
0
--i
v