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HomeMy WebLinkAboutbocc.ord.006.2008RECEPTION#: 548678, 04/29/2008 at 11:45:54 AM, 1 of 22, R $0.00 Doc Code ORDINANCE Janice K. Vos Caudill, Pitkin County, CO AN ORDINANCE OF THE BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, COLORADO, ACCEPTING THE CONVEYANCE BY RICHARD NEILEY TO PITKIN COUNTY OF A CONSERVATION EASEMENT CREATING VALUBLE RIVER ACCESS TO THE/ROARING FORK RIVER. ORDINANCE # ~(~ ~~c'~c~ ~~ ' ~ RECITALS 1. The voters of Pitkin County and the Pitkin County Commissioners established an Open Space and Trails Fund for the purposes of preserving and developing open space and trails resources in Pitkin County, and established an Open Space and Trails Board of Trustees to guide the expenditure of those funds; and, 2. Richard Neiley owns a parcel of land near the north Woody Creek Bridge; and, 3. On December 27 2007, Mr. Neiley granted a conservation easement to Pitkin County which provides public access from the adjacent county road to the Roaring Fork River and along its banks; and, 3. The Open Space and Tails Board moved to recommend that Pitkin County accept this conservation easement; and, 4. The County Commissioners of Pitkin County wish to accept the conveyance of this conservation easement, which will be monitored by the Open Space Department; ~, and, NOW THEREFORE BE IT ORDAINED by the Board of County ~ Commissioners of Pitkin County, Colorado, that: 1. The BOCC hereby accepts a conservation easement from Richard Neiley which creates public access to the Roaring Fork River. 2. Upon final approval by the County Attorney and County Open Space Director, the Chairman of the Board is hereby authorized and directed to execute and/or accept any and all documents necessary to complete the transaction which may be necessary to effect said conveyance. INTRODUCED, FIRST READ AND SET FOR PUBLIC HEARING AT THE REGULAR MEETING on the 23rd Day of January, 2008 NOTICE OF PUBLIC HEARING PUBLISHED IN THE ASPEN TIMES WEEKEND EDITION on January 27, 2008. 2 APPROVED AND ADOPTED AFTER SECOND READING AND PUBLIC HEARING on thel3th day of February, 2008 PUBLISHED AFTER ADOPTION IN THE ASPEN TIMES WEEKEND EDITION on the 24th day of February, 2008 T; BOARD OF COUNTY COMMISSIONERS ~t OF PITKIN COUNTY, COLORADO ;Jones Jack Hatfield, Chai Clerk & Re~ rder Date: ~' ~ 3 " ~ ~ APPROVED AS TO FORM: _____-_ John Ely, County Attorney ~- ~ . MANAGER APPROVAL: ~~~ ~~ Hilary Fl c er, County Manager RECD ENDED FOR TION: Dale ill, Director' Open Space and Trails 3 RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 1 OF 20, R $101.00 Janice K. Vos Caudill, Pitkin County, CO DEF,D OF CONSERVATION EASEMENT (Neiley Property-Pitkin County) `~ This DEED OF CONSERVATION EASEMENT (this "Easement") is granted this day of December, 2007, by RICHARD Y. NEILEY, JR, ("Grantor"), to the BOARD OF COUNTY COMMISSIONERS OF PITHIN COUNTY, Colorado, a body corporate and politic, 530 E. Main St., Ste 301, Aspen, Colorado 81611 (the "County"), and their successors and assigns (Grantee) Grantor and Grantee are sometimes collectively referred to in this Easement as the "Parties" and individually as the "Party." The following exhibits are attached hereto: Exhibit A - Legal Description of Master Parcel Exhibit B - Map of Master Parcel showing Property RECITALS: A) Grantor is the sole owner in fee simple of certain real property in Pitkin County, Colorado, containing approximately .945 acres, more or less, more particularly described in Exhibit A and depicted in Exhibit B attached hereto and incorporated by this reference (the "Master Parcel"). B) A portion of the Master Parcel is adjacent to the Roaring Fork River and is identified on Exhibit B as the "Conservation Easement" and generally described as all of the azea of the Master Parcel to the south and west of the building envelope depicted on Exhibit B and the Neiley Site Plan and 1041 Hazard Review Map recorded in Plat Book 78 at Page 76 and an area of the Master Parcel to the east of said building envelope and south of the driveway providing access to the building envelope, including all of the lands along the banks of and underlying the Roaring Fork River (the "Property"). C) The Property possesses natural, scenic, open space, recreational, and environmental values (collectively, the "Conservation Values" hereinafter described) of great importance to Grantor, Grantee, the people of Pitkin County, the people of the State of Colorado, and the people of the United States, which are worthy of protection in perpetuity. Grantor and Grantee recognize that development of the Property in excess of what is allowed by this Easement, which development maybe permitted by the provisions of the Land Use Code of Pitkin County, Colorado currently applicable to the Property, would have an adverse impact on, and greatly impair, the Conservation Values. D) In particular, the Property possesses at least the following Conservation V alues: The Property is adjacent to the Roaring Fork River and includes riparian habitat and scenic qualities. In addition, preservation of the Property by this Easement will provide public access to the Roaring Fork River which does not currently exist and will prevent or limit development which would impair the riparian habitat and scenic values of the Parcel. Neiley Property Deed of Conservation Easement Page 1 of 20 RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 2 OF 20, Janice K. Vos Caudill, Pitkin County, CO E) The Parties acknowledge that the Conservation Values will be further documented in an inventory of the current condition, and relevant features of the Property (the "Baseline Documentation"), prepared at Grantor's expense. A copy of the Baseline Documentation will be kept on file at the offices of Grantor and Grantee. The Baseline Documentation consists of reports, maps, photographs, and other documentation that the Parties agree provide, collectively, an accurate representation of the current condition of the Property, which is intended to serve as an objective information baseline for monitoring compliance with the terms of this Easement. However, in the event of a dispute over the current condition of the Property neither Party shall be precluded from providing other relevant evidence of such condition. F) Grantor intends that the Conservation Values be preserved and maintained by the continuation of the relatively undeveloped condition of the Property existing at the time of this grant, except as provided herein. Grantor, as owner of the Property, further intends to convey to Grantee the right to preserve and protect the Conservation Values of the Property in perpetuity. Grantee is also a charitable organization as required under C.R.S. § 38-30.5-101 et seq., which provides for conservation easements to maintain land and water in a natural, scenic or open condition, for wildlife habitat, and other uses or conditions consistent with the protection of open land in Colorado. Further, Grantee is a government entity qualified under §§ 501(c)(3) and 170(h) of the IRS Code. G) Grantor and Grantee furthermore anticipate that Grantor may, in the future, elect to convey to Grantee fee title to the Property. NOW, THEREFORE, in consideration of the Recitals, and the mutual covenants, terms, conditions, and restrictions contained herein; pursuant to the laws of the State of Colorado, and in particular C.R.S. §§ 38-30.5-101 et seq. Grantor hereby voluntarily grants, gives, and conveys to Grantee this Easement in perpetuity over the Property, of the nature and character and to the extent hereinafter set forth. Conservation Purposes. The "Conservation Purposes" of this Easement are (i) to preserve the Conservation Values, and other significant conservation interests (to the extent that it is not necessary to impair such other interests in order to protect the Conservation Values) in perpetuity and (ii) to restrict the use of the Property to those uses that are consistent with such values and interests. The Conservation Purposes are in accordance with § 170(h) of the Code. To achieve the Conservation Purposes, Grantor conveys this Easement to Grantee to ensure that the Conservation Values will be preserved and protected forever. Subject to the Conservation Purposes, Grantor and Grantee intend to permit only uses of the Property which do not substantially diminish or impair the Conservation Values and to prevent any use of the Property that will substantially impair or interfere with protecting the Conservation Values. 2. Affirmative Rights of Grantee. To accomplish the Conservation Purposes the following rights are conveyed to Grantee by this Easement: Neiley Property Deed of Conservation Easement Page 2 0(20 I RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 3 OF 20, Janice K. Vos Caudill, Pitkin County, CO 2.1. To preserve and protect the Conservation Values. 2.2. To enter upon the Property at reasonable times and upon prior written notice to Grantor to complete the work and thereafter repair and maintain the Property as contemplated by this Easement, to observe, study and make educational and scientific observations on the Property; provided, however, that any such right of entry by Grantee shall not unreasonably interfere with Grantor's use and quiet enjoyment of the Property consistent with this Easement; and, subject to Paragraph 6 hereof, to enforce the terms of this Easement. No notice to Grantor shall be required if Grantee determines that immediate entry is essential to prevent, or mitigate, a violation of this Easement that could substantially impair the Conservation Values, or if the then owner of the Property has not provided Grantee with an address to which such notice can be provided; provided that Grantee provides notice as soon as possible describing the reason for such entry, and provided that Grantee's actions are no more than necessary to prevent or mitigate such violation. 2.3. To enjoin or prevent any activity on or use of the Property that is inconsistent with the Conservation Purposes, and to require the restoration of such areas or features of the Property that maybe damaged by any inconsistent activity or use, as provided in Pazagraph 6. 2.4. To recommend enhancement measures for the Property or measures which would enhance the wildlife habitat, or other natural features of the Property, and to enter upon the Property with Grantor's written permission to perfornr such enhancement at Grantee's own expense at times which will not unreasonably interfere with Grantor's use of the Property. 2.5. To require the restoration of such areas or features of the Property that maybe damaged by any use that is inconsistent with the Conservation Purposes. 2.6 The right, for the use and benefit of the general public, to enjoy passive, non- motorized recreational use such as hiking and picnicking on delineated trails and facilities such as picnic tables and benches that maybe installed, constructed or provided by Grantee. 2.7 The right, for the use and benefit of the genera] public, to park vehicles in a designated parking within the Property, the location of which shall be determined by Grantee and shall be adjacent to the County Road of sufficient size to accommodate up to three cars. 2.8 The right, for the use and benefit of the general public, to construct, install, maintain, repair and replace river access facilities, including without limitation, ramps or related improvements for the launching of boats, and facilities for handicap access for fishing and enjoyment of the Roaring Fork Neiley Property Deed of Conservation Easement Page 3 oC20 3 RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 4 OF 20, Janice K. Vos Caudill, Pitkin County, CO River, adjacent to the Roaring Fork River within the Property. 3. Permitted and Prohibited Uses. The Property shall be used only for open space conservation, wildlife habitat, non-motorized recreational uses and river access; provided, however, that Grantee shall be entitled to use motorized vehicles in connection with land restoration and maintenance of the Property and parking shall be permitted as contemplated in Pazagraph 2.7 above. Any other activity on or use of the Property inconsistent with the Conservation Purposes is prohibited. All uses expressly or impliedly permitted or reserved on the Property by this Easement shall be undertaken in a manner that is consistent with the Conservation Purposes. Without limiting the generality of the foregoing, the following activities and uses aze permitted or prohibited as expressly provided below: 3.1. Buildines and Structures Prohibited The construction of any building or other structures or improvements on the Property, except those expressly permitted herein, is prohibited. 3.2. Fences. Fencing maybe placed on the boundary between the Property and the adjoining I.ot in the Aspen Village River Homes Subdivision adjacent to Gerbaz Way. Fencing maybe placed on the property itself only by Grantee for the purpose of limiting access by motor vehicles and delineating public trails. When such fencing is constructed on the Property, it will comply with standards approved by the Colorado Division of Wildlife for the migration of wildlife across the Property. 3.3. Trash: Storage of Vehicles. The dumping and/or uncontained accumulation of any kind of trash or refuse on the Property is prohibited, except plant material associated with permitted agricultural operations which can be composted and used for erosion control. All outside storage of trash shall be in bear-proof containers. The outside storage of abandoned or inoperative vehicles is prohibited on the Property. 3.4. Commercial or Industrial Activity Nuisances No industrial uses or nuisances shall be allowed on the Property. No commercial uses shall be allowed on the Property, except those expressly reserved in this Easement 3.5. Pavin¢ and Road and Trail Construction Except within designated parking areas, no new residential access roads maybe constructed or used on the Property and no portion of the Property shall be paved or otherwise covered with concrete, asphalt, or any other paving material except my mutual consent of Grantor and Grantee. 3.6. Vegetation. The introduction by Grantor or Grantee of any noxious weed as defined by the Pitkin County Noxious Weed Management Plan and applicable state law is prohibited on the Property. Grantee will use reasonable efforts to control noxious weeds (invasive, non-native species of plants) on the Property. Neiley Property Deed oCConservation Easement Page 4 of 20 RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 5 OF 20, Janice K. Vos Caudill, Pitkin County, CO 3.7. Recreation; Off-Road Use of Vehicles. The Property maybe used for non- motorized recreational uses such as pedestrian and river access. Off-road use of motorized vehicles, including snowmobiles, is prohibited except for property maintenance performed by Grantee. 3.8 Leases. Grantor agrees not to enter into any lease or other agreement for all or a portion of the Property unless such lease or other agreement includes reference to this Easement, and unless such lessee or other party agrees in writing to comply with the terms of this Easement. A copy of such agreement will be provided to Grantee at least ten (10) days prior to the beginning of the leasehold. Nonetheless, Grantor shall remain liable for compliance with all of the terms and conditions of this Easement. Failure to comply with this provision shall not affect the validity of such lease or other agreement. 3.9 SipnaQe or Billboards. No commercial signs, billboards, awnings, or advertisements shall be displayed or placed on the Property. Reserved Rights. Grantor reserves to itself, and to its successors and assigns, all rights accruing from its ownership of the Property, except for uses that are expressly prohibited herein and/or are inconsistent with the Conservation Purposes. Specifically, Grantor reserves the right to construct improvements within the building envelope depicted on the Neiley Site Plan and 1041 Hazard Review Map, including the designed ISDS Field and driveway/access to the Property. Enforcement and Mediation. The Parties shall have the right to prevent and correct or require correction of violations of the provisions of this Easement, including the right, but not the obligation, to enforce the restoration of any, and all, of the Conservation Values damaged by activities inconsistent with the Conservation Purposes. Such restoration shall be, as nearly as possible, to the condition that existed on the date of the recordation of this Easement, except for such changes as may have been made to the Property consistently with the terms of this Easement. Grantee may enter the Property for the purpose of inspecting for violations in accordance with Paragraph 2.2 above. If either Party finds what it reasonably believes is a violation, that Party shall immediately notify the other Party in writing of the nature of the alleged violation. Upon receipt of this written notice, the Party to whom such notice has been sent shall either (a) cease such violation and, if required, restore the Property as provided above in this Paragraph, or (b) promptly provide a written explanation to the Party sending the notice of the reason why the Party receiving the notice believes that no violation exists or why the alleged violation should be permitted, in which event both Parties agree to meet as soon as possible to resolve this difference of opinion. If a resolution of Neiley Property Deed of Conservation Easement Page 5 of 20 i RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 6 OF 20, Janice K. Vos Caudill, Pitkin County, CO this difference cannot be achieved at the meeting, both Parties agree to meet with a mutually acceptable mediator to attempt to resolve the dispute. Grantor shall discontinue any activity which could increase or expand the alleged violation during the mediation process. Should mediation fail to resolve the dispute, either Party may, at its discretion, take appropriate legal action. Should the Parties, through mediation, or otherwise, conclude that the alleged violation is not a violation, the challenged activity or use shall be deemed approved. Without notice to Grantor, and without seeking mediation as provided for in the preceding paragraph, at any time when, in Grantee's reasonable opinion, an ongoing or imminent violation could irreversibly diminish or impair the Conservation Values, Grantee may, at its discretion, take appropriate legal action. Grantee may seek an injunction to stop a violation, temporarily or permanently and/or to require Grantor to restore the Property to its condition prior to the violation as provided above. Notwithstanding the foregoing, Grantee shall provide a written explanation to Grantor for its actions taken without notice, and a written description of the actions taken, as soon as practical. Furthermore, any action taken without notice shall be the minimum necessary to prevent such irreversible diminution or impairment of the Conservation Values. 6. Costs of Enforcement. If Grantee prevails in any action to enforce the terms of this Easement, Grantee's reasonable costs of suit, including, without limitation, reasonable attorneys' fees, and any reasonable costs of restoration, shall be borne by Grantor. In the event that Grantee is found by a court having jurisdiction in the case to have intentionally violated the terms of this Easement, Grantor shall be entitled to recover its reasonable costs of suit, including, without limitation, reasonable attorney's fees, and any other damages sustained by Grantor as a result of such violation. 7. Discretion. Enforcement of the terms of this Easement shall be at the discretion of that Party which has the right of enforcement with respect to any given breach or alleged breach of the terms of this Easement, and any forbearance by such Party to exercise its rights under this Easement in the event of any such breach shall not be deemed or construed to be a waiver by such Party of such term or of any subsequent breach of the same or any other term of this Easement or of any of such Parry's rights under this Easement. No delay or omission by a Party in the exercise of any right or remedy to which it maybe entitled hereunder upon any breach by the other Party shall impair such right or remedy or be construed as a waiver. 8. Waiver of Certain Defenses. The Parties hereby waive any defense of estoppel, except as provided in this Paragraph 9, lathes or prescription. The failure of a Party to discover a violation or to take immediate legal action shall not bar it from doing so at a later time. Grantor hereby waives any defense available to Grantor Neiley Property Deed of Conservation Fasement Pagc 6 of 20 RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 7 OF 20, Janice K. Vos Caudill, Pitkin County, CO pursuant to C.R.S. § 38-41-119. 9. Acts Beyond Grantor's Control. Nothing contained in this Easement shall be construed to entitle Grantee to bring any action against Grantor for any injury to or change in the Property resulting from causes beyond Grantor's control, including, without limitation, fire, flood, storm, and earth movement, or from any prudent action taken by Grantor under emergency conditions to prevent, abate, or mitigate significant injury to the Property resulting from such causes. 10. Subsequent Transfers. Grantor agrees to incorporate by reference the terms of this Easement in any deed or other legal instrument by which it transfers any interest in all or a portion of the Property, including, without limitation, a leasehold interest. Grantor further agrees to give Grantee written notice of the transfer of any interest at least thirty (30) days prior to the date of such transfer, including the transferee's name, address and telephone number. The failure of Grantor to perform any act required by this Paragraph 12 shall not impair the validity of this Easement or limit its enforceability in any way, or the validity of such transfer. l 1. Costs of Operation, etc. Upon execution of this Easement, Grantee shall retain all responsibilities and shall bear all costs of any kind related to the ownership, operation, upkeep, and maintenance of the Property in accordance with the terms of this Easement. Grantor shall have the right to obtain and maintain comprehensive general liability insurance coverage and to add and maintain Grantee as an additional insured to such insurance coverage: Any liens arising out of any work performed for, materials furnished to, or obligations incurred by Grantor or Grantee shall be and remain subordinate to this Easement. Grantee shall be responsible for the operation, upkeep, and maintenance of public parking and river access facilities. Grantee hereby assumes complete responsibility for and agrees to care for the Property and all public facilities thereon in a clean and attractive condition and in a good and safe order and repair, at its sole cost and expense, unless the need therefore is caused by Grantor, assigns, or its successor in interest in the ownership of the underlying real property in which case Grantor or its successor in interest, shall perform the maintenance or care so required. Grantee's maintenance responsibilities shall include, but not be limited to, trash and debris removal, keeping the river access and parking clear of rocks, vegetation and other obstructions, grooming as needed, controlling erosion and water runoff, and general care and maintenance. 12. Taxes. Grantor shall pay before delinquency all taxes, assessments, fees and charges of whatever description levied on or assessed against the Property by competent authority (collectively the "taxes"), including any taxes imposed upon, or incurred as a result of, this Easement, and shall furnish Grantee with satisfactory evidence of payment upon request. Grantee is authorized but in no event obligated to make or advance any payment of taxes, upon thirty (30) days prior written notice to Grantor, in accordance with any bill, statement, or estimate Neiley Property Deed of Conservation Easement Page 7 of 20 RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 8 OF 20, Janice K. Vos Caudill, Pitkin County, CO procured from the appropriate authority, without inquiry into the validity of the taxes or the accuracy of the bill, statement, or estimate, and the obligation created by such payment shall bear interest until paid by Grantor at the lesser of the prime rate of interest from time to time charged by a bank selected by Grantee or the maximum rate allowed by law. 13. Liability. 13.1. Grantor's Liability. Grantor shall hold harmless, indemnify, and defend Grantee and its members, directors, officers, employees, agents, and contractors and the heirs, persona] representatives, successors, and assigns of each of them (collectively "Indemnified Parties") from and against all liabilities, penalties, costs, losses, damages, expenses, causes of action, claims, demands, or judgments, including, without limitation, reasonable attorneys' fees, arising from or in any way connected with: (1) the negligent actions of Grantor and Grantor's officials, employees, and agents in the performance or failure to perform their obligations pursuant to this Easement; (2) injury to or the death of any person, or physical damage to any property, proximately caused by any intentional or negligent act or omission of Grantor, its officials, employees, or agents related to or concerning the Property; and (3) the presence or release of hazardous or toxic substances on, under or about the Property, and all claims, demands, liability, damages, or costs caused thereby, unless such substance was introduced onto the Property by Grantee or any of its officials, employees or agents. For the purpose of this Paragraph, hazardous or toxic substances shall mean any hazardous or toxic substance which is regulated under any federal, state or local law. In assuming responsibility under this Paragraph, Grantor in no way assumes responsibility for the intentional or negligent, acts or omissions of Grantee, its officers, employees or agents. 13.2. Grantee Not an "Onerator." Nothing in this Easement shall be construed as giving rise to any right or ability of Grantee or to exercise physical or managerial control of Grantor's activities on the Property, or to otherwise become an "operator" within the meaning of The Comprehensive Environmental Response, Compensation and Liability Act of 1980 ("CERCLA") as amended or any other federal, state, or local law or regulation making operators of property responsible for the remediation of environmental contamination. Neiley Property Ueed of Conservation Easement Page 8 oC 20 RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 9 OF 20, Janice K. Vos Caudill, Pitkin County, CO 13.3 Grantee's Liability. Grantee shall be responsible for: (1) the negligent actions of its officials, employees, and agents in the performance or failure to perform their obligations pursuant to this Easement; and (2) injury to or the death of any person, or physical damage to any property, proximately caused by any intentional or negligent act or omission of Grantee, its officials, employees, or agents related to or concerning the Property. 13.4 Grantee's Additional Liability Regazdina Public Access: The parties expressly acknowledge that the public access granted herein is granted for a "recreational purpose" under C.R.S. Section 33-41-101, et se ., and that Grantor is entitled to the benefits, protections and limitations on liability afforded by Colorado law governing recreational Easements, including without limitation said Section 33-41-101, et seq. By granting this Easement, Grantor shall have no obligation to repair, clear or otherwise maintain the area within the public trail and parking facilities, or to insure or indemnify Grantee or the public for any injury, claim or damage to any person or property, whether alleged to have occurred as a result of use by the general public for public non-motorized travel or otherwise, or due to the condition of the Property. Grantee further agrees to add Grantor (and its successors and assigns in the ownership of the Master Parcel) as additional named insureds on its comprehensive general liability insurance policy, which insurance shall be maintained by Grantee to provide protection against liability from claims arising out of this Easement. Such insurance shall be carried in amounts not less than the liability limits specified in C.R.S. Section 24-10-114(1), as it may be amended from time to time, and shall provide Grantor and Grantor's successors and assigns with thirty (30) days advance written notice prior to cancellation or termination. Grantee shall, upon written request therefore from Grantor or any successor or assign, provide a Certificate of Insurance as verification of compliance with these requirements. 13.5 Itt assuming responsibility under Paragraph, Grantee in no way assumes responsibility for the intentional or negligent acts or omissions of Grantor, its officers, employees or agents. 14. Extinguishment. This Easement may only be extinguished, in whole or in part, by judicial proceedings in a court of competent jurisdiction. In the event that this Easement is extinguished as to all, or a portion, of the Property, Grantee shall be entitled to a share of any proceeds resulting from the conveyance of the underlying Property on the terms contained in this Paragraph 14. Notwithstanding the other provisions in this Paragraph, Grantor and Grantee anticipate that Grantor may, in the future, elect to also convey the its remaining interest in the Property to Grantee, provided that Grantee undertakes all steps to perfect such a subsequent additional conveyance, including division of the Property from other lands retained by Grantor. In the event that Grantee later obtains a fee title interest in the Property, this Easement will be deemed to have Neiley Property Deed of Conservation Easement Page 9 of 20 R RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 10 OF 20, Janice K. Vos Caudill, Pitkin County, CO merged with the fee property interest and will be no longer of any force or effect. This provision is required by § 1.170A-14(g)(6)(ii) of the Treasury Regulations fora "qualified conservation contribution," and is intended by the Parties to comply with such Regulations, and to entitle Grantee to all of the rights that such Regulations require that a "donor" grant to a "donee organization." 14.1. Value of this Easement. This Easement constitutes a real property interest immediately vested in Grantee with a fair market value that is at least equal to the proportionate value that this Easement, determined by multiplying the fair market value of the Property unencumbered by the easement by the ratio of the value of the Easement at the time of this grant to the value of the Property as a whole, without deduction for the value of the Easement, at the time of this grant. 14.2. Payment and Allocation of Proceeds in the Event of Termination or Extinguishment. If this Easement is taken, in whole or in part, by exercise of the power of eminent domain, or if circumstances arise in the future that render the purpose of this Easement impossible to accomplish, this Easement can only be terminated or extinguished, whether in whole or in part, by judicial proceedings in a court of competent jurisdiction. Each Party shall promptly notify the other Parties and in writing when a Party first learns of such circumstances. Grantee shall be entitled to compensation in accordance with applicable law, after the satisfaction of prior claims, from any sale, exchange, condemnation, or other involuntary or voluntary conversion of all or any portion of the Property subsequent to such termination or extinguishment. Grantee's compensation shall be an amount equal to the Easement value percentage determined according to the provisions of Paragraph 16.1 above, multiplied by the amount of the full proceeds from any sale, exchange, condemnation, or other involuntary or voluntary conversion of all or a portion of the Property ("Extinguishment Proceeds"). 14.3. Use of Proceeds. Any proceeds received by Grantee pursuant to this Paragraph 14 shall be used by Grantee, and/or in a manner that is consistent with the Conservation Purposes. 15. Assignment. Grantee may assign its rights and obligations under this Easement only to an organization that is (a) a qualified organization at the time of transfer under § 170(h)(3) of the Code, (b) authorized to acquire and hold conservation easements under Colorado law, (c) agrees to assume the responsibility imposed on Grantee by this Easement. Grantee shall provide Grantor with a written request to assign the Easement at least forty-five (45) days prior to the date of the assignment transaction. 16. Subordination of Mortgages. Grantor covenants and represents that at the time Neiley Property Deed of Conservation Easement Page ] 0 of 20 RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 11 OF 20, Janice K. Vos Caudill, Pitkin County, CO of granting of this Easement any mortgage or deed of trust is and shall remain subordinate to the terms of this Easement. 17. Notices. 17.1. Delivery of Notice. Any notice, demand, request, consent, approval, or communication that either Party desires or is required to give to the other or to shall be in writing and either served personally or sent by first class mail, postage prepaid, addressed as follows: To Grantor: Richard Y. Neiley, Jr. c/o Neiley & Alder, Attorneys. 201 North Mill Street, Suite 102 Aspen, CO 81611 To the County: Dale Wil] Pitkin County Open Space & Trials Program 530 East Main Street, 3rd Floor Aspen, CO 81611 at the address shown above, or to such other address as either Party or from time to time shall designate by written notice to the other. The provisions of this Paragraph 19 are subject to the provisions of Paragraph 21.12 below. 17.2. Written Notice to Grantee Required. The purpose of requiring Grantor to notify Grantee prior to undertaking certain permitted activities is to afford Grantee an opportunity to ensure that the activities in question are designed and carried out in a manner consistent with the Conservation Purposes. Whenever notice is required, Grantor shall notify Grantee in writing not less than thirty (30) days prior to the date Grantor intends to undertake the activity in question. The notice shall describe the nature, scope, design, location, timetable, and any other material aspect of the proposed activity in sufficient detail to permit Grantee to make an informed judgment as to its consistency with the purpose of this Easement. Grantor hereby relinquishes any right to use the Property in ways that maybe inconsistent with the Conservation Purposes, or with respect to which permission of Grantee is expressly required by the terms of this Easement, until it has notified Grantee in accordance with this Paragraph 17, and obtained approval therefor from Grantee. 17.3. Response b~Grantee. Grantee shall, within thirty (30) days from receipt of a request hereunder, respond in writing to any request for approval by Grantor made in compliance with this Paragraph 17. Until expressly permitted in writing by Grantee, Grantor shall not commence the activity described in the Neiley Property Deed of Conservation Easement Page 7 ] of 2D RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 12 OF 20, Janice K. Vos Caudill, Pitkin County, CO notice. In the event that Grantee fails to respond to such a request within such period, the requested approval shall be "deemed" granted. All activities requiring prior written approval by Grantee shall be conducted consistently with such approval when granted, or, in the case of a "deemed" approval, pursuant to the preceding pazagraph, conducted consistently with the terms of the request. Nevertheless, no such "deemed" approval shall allow any activity on the Property that is inconsistent with the Conservation Purposes. In the event that Grantee objects to the proposed activity it shall inform Grantor in writing of the manner, if any, in which the proposed activity can be modified to satisfy its objections. Thereafter, Grantor may submit a revised proposal accommodating the objections, and Grantee shall review and respond to such revision in the same manner as to the original notice. Any objection by Grantee to a proposed activity shall be based upon its opinion that the proposed activity is inconsistent with this Easement, and upon any specific standards provided for herein. Grantee shall have reasonable discretion in determining whether or not a proposed activity is consistent with the terms of this Easement, and any such standards. )n no event may Grantee permit any activity on the Property that would be inconsistent with the Conservation Purposes. 17.4. Content of Notices. All required notices hereunder shall be in writing, and shall provide sufficient information, in addition to any information required by other provisions of this Easement, to allow, in the case of notice to Grantee, Grantee to determine whether the proposal is consistent with the Conservation Purposes. In the case of notice to Grantor, the notice shall inform Grantor of [he purpose of the notice, and the provision(s) of this Easement with respect to which the notice has been sent. 18. Recordation. Grantee shall record this Easement in a timely fashion in the official records of Pitkin County, and may re-record it at any time as maybe required to preserve its rights in this Easement. 19. General Provisions. 19.1. Controlling Law, etc. The interpretation and performance of this Easement shall be governed by the taws of the State of Colorado, and the United States. Venue and jurisdiction for the trial of any alleged violation of this Easement shall be Pitkin County, Colorado. 19.2. Liberal Construction. Any general rule of construction to the contrary notwithstanding, this Easement shall be liberally construed to effectuate the Neiley Property Deed of Conservation Easement Page l2 of 20 /~ RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 13 OF 20, Janice K. Vos Caudill, Pitkin County, CO Conservation Purposes and the policy and purpose of C.R.S. § 38-30.5-101 et seq. If any provision in this Easement is found to be ambiguous, an interpretation consistent with the Conservation Purposes that would render the provision valid shall be favored over any interpretation that would render it invalid. Furthermore, the Parties intend that the conveyance of this Easement qualify under § 170(h) of the Code as a "qualified conservation contribution" of a "perpetual conservation restriction," within the meaning accorded those phrases by § 1.170A-14 of the Regulations, for federal income and estate and gib tax purposes. The provisions of this Easement shall be construed accordingly. Notwithstanding the foregoing, Grantee does not hereby provide any warranty or other assurance as to the deductibility of the interests hereby conveyed, and the provisions of this Easement are in no way conditioned upon such deductibility. Neither of the Parties shall be deemed the draftsman of this Easement or any part thereof, each having had the benefit of counsel of their own choosing in negotiating its terms. 19.3. Severability. If any provision of this Easement, or the application thereof to any person or circumstance, is found to be invalid, the remainder of the provisions of this Easement, or the application of such provision to persons or circumstances other than those as to which it is found to be invalid, as the case maybe, shall not be affected thereby. 19.4. Entire Agreement. This Easement, and the Exhibits attached hereto, and the Baseline Documentation, set forth the entire agreement of the Parties with respect to this Easement, the Exhibits, and the Baseline Documentation, and supersede all prior discussions, negotiations, understandings, or agreements relating to the Easement, the Exhibits, and the Baseline Documentation, all of which are merged herein. 19.5. No Forfeiture. Nothing contained herein will result in a forfeiture or reversion of Grantor's title in any respect. 19.6. Successors. The covenants, terms, conditions, and restrictions of this Easement shall be binding upon, and inure to the benefit of, the Parties and their successors, and assigns and shall continue as a servitude rtuming in perpetuity with the Property. 19.7. Termination of Rights and Obligations. Provided a transfer of this Easement has been accomplished in accordance with Paragraph 17, a Party's rights and obligations under this Easement terminate upon transfer of the Party's interest in the Easement or Property, except that liability for acts or omissions occurring prior to transfer shall survive transfer for the applicable statute of limitations period. Neiley Property Deed of Conservation Easement Page 13 of 20 l3 RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 14 OF 20, Janice K. Vos Caudill, Pitkin County, CO 19.8. Captions. The captions in this Easement have been inserted solely for convenience of reference and are not a part of this Easement and shall have no effect upon construction or interpretation. 19.9. No Third Party Beneficiary This Easement is entered into by and between Grantor and Grantee, and except as provided herein, is solely for the benefit of Grantor, Grantee, and ,and their respective successors in interest and assigns, and for the benefit of the general public. Nevertheless, this Easement does not create rights or responsibilities in any third parties beyond Grantor, Grantee, and ,and is not intended to confer standing to bring any enforcement action upon anyone other than the Parties, except as otherwise provided herein. 19.10. Compliance with Laws. Although the County has a property interest in this Easement, nothing in this Easement shall be construed to mean that any uses or structures permitted herein have been given approval by the County in its governmental capacity. To the extent that any provision of this Easement differs from the land use regulations of Pitkin County, the more restrictive provision shall apply. Grantor shall be solely responsible for obtaining any other approvals necessary for the lawful use of the Property. 19.11. Extineuishment of Development Rights. Grantor hereby grants to Grantee all development rights associated with the Property, except for the particular development rights expressly reserved by Grantor in this Easement, or as otherwise permitted by this Easement; for the limited purpose of ensuring that such development rights are forever terminated and extinguished and may not be used on or transferred off of the Property by Grantor or Grantee or any other party, to any other property, adjacent or otherwise, or used as a credit for density of development anywhere, by Grantor, Grantee, or any other party. 19.12. Monitorine. Grantee will agree on a monitoring schedule and make a single visit per year to monitor the property. Either or both of Grantee can monitor the property, as they agree. Grantee shall make reasonable efforts to cooperate in and coordinate their efforts in the administration and enforcement of the Easement. 19.13. Grantor's Title Warranty. Grantor warrants that Grantor has good and sufficient title to the Property and hereby promises to defend the same against all claims from persons claiming by, through, or under Grantor. 19.14. Subsequent Liens on the Property. No provisions of this Easement shall be construed as impairing the ability of Grantor to use this Property as collateral for subsequent borrowing, provided that any mortgage or lien arising from such a borrowing would be subordinated to this Easement. 19.15. Joint Oblisation. If more than one owner owns the Property at any time, the obligations imposed by this Easement shall be joint and several upon each of Neiley Property Deed of Conservation Easement Pnge l4 of 20 iy RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 15 OF 20, Janice K. Vos Caudill, Pitkin County, CO the owners. 19.16. Non-Merger. No merger shall be deemed to have occurred hereunder or under any documents executed in the future affecting this Easement, unless the parties expressly state that they intend a merger of estates or interests to occur and the parties have also obtained the prior written consent of approving such merger of estates or interests. 19.17. Amendment. If the circumstances arise under which an amendment to or modification of this Easement would be appropriate, Grantor and both Grantee are free to jointly amend this instrument; provided that no amendment shall be allowed that will affect the qualifications of this Easement under any applicable laws; and provided, further, that the prior written approval of Grantor, both Grantee, and shall be required, except as otherwise specifically provided herein. Any amendment must be consistent with the Conservation Purposes and may not affect the perpetual duration of this Easement. Any amendment must be in writing, signed by all Parties, and recorded in the records of the Clerk and Recorder of the County in which the Property is located. Grantee shall provide with a copy of any recorded Amendment to this Easement. 19.18. Change of Conditions. A change in the potential economic value of any use that is prohibited by or inconsistent with this Easement, or a change in any current or future uses of neighboring properties, shall not constitute a change in conditions that makes it impossible or impractical for continued use of the Property for conservation purposes and shall not constitute grounds for terminating the Easement. 19.19. Definitions. • The term "Grantor" shall mean Grantor and his successors in title to the Property, including tenants, lessees, and licensees of the Property or any portion thereof. • The term "Grantee" shall mean the Pitkin County Colorado Board of Commissioners. • The terms "existing" or "currently," and vaziations thereof, shall mean existing or current at the time of the recordation of this Easement. • The term "use," except as otherwise defined in this Easement, shall mean physical use of the Property or any part thereof, or an activity on the Property or any part thereof. Neiley Property Deed oCConservation Easement Page 15 of 20 /" RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 16 OF 20, Janice K. Vos Caudill, Pitkin County, CO • The terms "Code" and "Regulations" shall mean the Internal Revenue Code of 1986, as amended, and the Treasury Regulations promulgated thereunder, respectively, and shall include reference to the comparable provisions of any subsequent revision of the Code and/or Regulations. TO HAVE AND TO HOLD unto Grantee, its successors, and assigns forever. IN WITNESS WHEREOF Grantor and Grantee have executed this Easement on the day s first above written. Date:1 Z ~~" Y. Neiley, Jr. STATE OF COLORADO ) )ss. COUNTY OF PITKIN ) The foregoing document was acknowledged before me this2-~ day of ~P~ehiUei' ?007 by Richard Y. Neiley, Jr. Witness my hand and official seal. .~P~Y PV@~ My commission expires: 70 02 p~~ 2p'~ •~ ~~ : NATALLIA F. .1r~ s KFWRKFIAL Public • ••ocrifSF ~j Ca~i11i0n E><pires 10p2Rp11 Neiley Property Deed of Conservation Easement Page 16 of 20 /W RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 17 OF 20, Janice K. Vos Caudill, Pitkin County, CO This page intentionally left blank. Neiley Property Deed of Conservation Easement Page 17 of ZO RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 18 OF 20, Janice K. Vos Caudill, Pitkin County, CO EXHIBIT "A" LEGAL DESCRIPTION OF NEILEY PROPERTY PITKIN COUNTY, COLORADO: Parcel D of the Amended Final Plat and 1041 Hazard Review Plat, Lots 1, 2, 4, 5 and 6, and Parcels A, B, C and D, Aspen Village River Homes, Pitkin County, Colorado, recorded in the Pitkin County Clerk and Recorders office in Plat Book 37 at page 98 as Reception #384279 on August 10, 1996; and the Minor Plat Amendment and Lot Line Adjustment Plat for Parcels D and E, Aspen Village River Homes, Pitkin County, Colorado, recorded in the Pitkin County Clerk and Recorders office in Plat Book 48 at pages 52 and 53 as Reception #427366 on February 4, 1999; and as depicted on the Neiley Site Plan and 1041 Hazard Review Map recorded in the Pitkin County Clerk and Recorders office in Plat Book 78 at page 76 as Reception #523096 on April l9, 2006. County of Pitkin, State of Colorado Neiley Properly Deed of Conservation Fasement Page 1 B of20 I`~ RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 19 OF 20, Janice K. Vos Caudill, Pitkin County, CO EXHIBIT "B" MAP OF MASTER PARCEL DEPICTING THE PROPERTY (CONSERVATION EASEMENT) Neiley Property Dced of Conservation Easement Page 19 of 20 !~ RECEPTION#: 545300, 12/27/2007 at 03:31:46 PM, 20 OF 20, Janice K. Vos Caudill, Pitkin County, CO t ~ ~~ ,; , i / 1 I ff / ~ ~ l,h i ~l ~ t \~.:' ~~- ~. Q ~' I ~~ I i i A( ;+i w' ~': zi un-I I ^I i MOy 1- t ~ ~! ~ s 5~ }U ~ $C ~ ,.,;;,, ,.,/, -;,,:~ -,~.~ '' ~ 1Co / ~' ~~ ~~ ~------ w '1