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TC Ord. No. 1988-040 • ORDINANCE NO, 88- 4 AN ORDINANCE AMENDING THE MUNICIPAL CODE OF THE TOWN OF AVON CONCERNING VESTED PROPERTY RIGHTS. WHEREAS, Senate Bill 219 was recently passed by the Colorado legislature and signed by the Governor on August 27, 1987; and WHEREAS, Senate Bill 219 empowers Colorado munici- palities to enact local laws defining, limiting and clarify- ing the creation of a vested property right; BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF AVON, l COLORADO: Section 1. Amendment. Title 17 of the Municipal Code of the Town of Avon is amended by the addition of a Chapter 17.14 as follows: Chapter 17,14 VESTED PROPERTY RIGHTS Section 17.14.010. Purpose. The purpose of this Section is to provide procedures necessary to implement the provisions of Article 68 of Title 24, C.R.S,, as amended. Section 17.14.020. Definitions. As used in this Section, unless the context otherwise requires: i A. "Site specific development plan" means a it precise plan approved pursuant to Section 17,12.020 of this Code. B. "Vested property right" means the right to undertake and complete the development and use of property under the terms and conditions of a site it specific development plan. ~j Section 17.14.030. Vested Property Right Created, A vested property right shall be deemed to have been created only upon the approval of a site specific development plan in accordance with this Chapter. Section 17.14.040. Notice and Hearing. No site specific development plan shall be approved until after a public hearing preceded by notice. In all cases such hearing shall be held before the Planning and Zoning Commission in connection with the normal approval process and in accordance with the requirements for posted or mailed notice established by this Code and the rules of the Commission. At all such hearings interested persons shall have an opportunity to be heard. Section 17.14.050. Notice of Approval. Each map, plat, site plan or other document constituting a site specific development plan shall contain the following language: "Approval of this plan constitutes a vested property right pursuant to Article 68 of Title 24, C.R.S,, as amended," The failure of the map, plat, site plan or other document constituting a site specific development plan to contain this language shall invalidate the ~i creation of the vested property right. In addi- tion, a notice generally describing the type and intensity of the use approved, the specific parcel 0 or parcels of property affected, and stating that a vested property right has been created shall be published once by the Town in a newspaper of general circulation in the Town not more than 14 days after the approval of the site specific development plan. Section 17.14.060. Duration of Vested Right. A property right which has been vested pursuant to this Chapter shall remain vested for a period of three years; provided, however, that a development agreement may provide that a property right shall be vested for a period exceeding three years where warranted in light of all relevant circumstances, including, but not limited to, the size and phasing of the development, economic cycles and market conditions. Section 17.14.070. Other Provisions Unaffected. Approval of a site specific development plan shall not constitute an exemption or waiver of any other provisions of this Code pertaining to the develop- ment and use of property. Section 17.14.080. Amendment to Site Specific Development Plan. In the event amendments to a site specific development are proposed and ap- proved, the effective date of such amendments, for the purposes of determining the duration of a vested property right, shall be the date of the creation of the original site specific development plan unless the Planning and Zoning Commission specifically finds to the contrary and incorporates such finding in its approval or affirmation of the amendment. Section 17.14.090. Effect of Termination of Vested Property Right; on Public Rights of Way. The termination of a vested property right shall have no effect upon public streets, alleys or rights of ways previously dedicated with respect to such property. Section 17.14.100. Development Agreements. The Town Council may by agreement with a landowner or developer designate an approval other than that described in this section as the site specific development plan for a specific project. Section 17.14.110. Limitations. This Section is not intended, in and of itself, to create any vested property right, but only to implement the provisions of Article 68 of Title 24, C.R.S., as amended. In the event of the repeal of said Article, or a judicial determination that said Article is invalid or unconstitutional, this Section shall be deemed to be repealed, and the provisions hereof no longer in effect. Section 2. Effective Date. This Ordinance shall be published and become effective as provided by law. INTRODUCED, PASSED ON FIRST READING, APPROVED AND ORDERED POSTED, THIS 8th day of March v 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 22nd day of March , 1988 at - 2 - • INTRODUCED, PASSED ON SECOND READING, APPROVED AND ORDERED POSTED this 22nd day of March 1988. Allan R. ttingham, Mayor TTEST: i%gv~A 1'arbara R. Joseph, I; Deputy Town Clerk • 7:30 P.M. in the Municipal Building of the Town of. Avon, Colorado. Allan R, Nottingha ; Mayor TEST II P tricia J. T wn Clerk I jl I, li I ji 02021988 it yie - 3 - i STATE OF COLORADO ) COUNTY OF EAGLE ) SS TOWN OF AVON ) C 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 22ND DAY OF MARCH, 1988, AT THE TOWN HALL FOR THE PURPOSE OF CONSIDERING THE ADOPTION OF ORDINANCE NO. 88-4, SERIES OF 1988: AN ORDINANCE AMENDING THE MUNICIPAL CODE OF THE TOWN OF AVON OF AVON CONCERNING VESTED PROPERTY 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 8th day of March, 1988. TOWN -OF AVON , COLORA,E BY: Patricia J,/Doy'Le, POSTED AT THE FOLLOWING PUBLIC PLACES WITHIN THE TOWN OF AVON ON MARCH 9th , 1988: THE AVON POST OFFICE IN THE MAIN LOBBY THE CITY MARKET IN THE MAIN LOBBY THE PD QUIK STATION; AND THE AVON MUNICIPAL BUILDING IN THE MAIN LOBBY