ASPEN REAL ESTATE – The developers of the Lodge at Aspen Mountain and the Aspen Skiing Co. have formally severed their agreement that would have seen the lodge developers fund a new Lift 1A chairlift if the project is approved.Centurion Partners — a California development company tied to Aspen Land Fund II LLC, which owns the South Aspen Street site where the lodge would be built — had offered up to $4 million to build a high-speed lift to replace the current chair on Aspen Mountain’s west side. Developers pointed to the promise as one of the potential community benefits that could be reaped if the lodge was approved. Citing scale, mass and community character issues, Aspen City Council denied the proposal in 2007, and a joint development plan with the Lift One Lodge, proposed for across the street, died on a tie vote before the council 15 months later. A document signed by Aspen Land Fund II representative John Sarpa and SkiCo counsel David Bellack recorded at the Pitkin County Clerk’s Office on March 2 states that “the parties mutually agree that the ski lift agreement is no longer relevant to current circumstances.”
By Curtis Wackerle, March 20, 2010 Aspen Daily News

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