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Home My WebLink Aboutbocc.con.016.1979 � • ,:�i+tx�'j�:!�: . � �;��7.'.:' -. . . . �� - - ��'�� l��l. . . f ,. ._._�.. ... . . �. .�. ... ��;�'�'t�. Recorded at 11:29 A.M. Mar 20, 1979 Loretta Banner Recorder Reception No: �,�,'�825 �1�,��.;. a��:�.'•� ; , �3f5 �;�: 75 r OPTION AGREEMENT � j�L�� :i;•j! 1. Parties. The parties to this agreement are the Board '`"" of County Commissioners of Pitkin County, Colorado, (hereinafter � - ,;'': "the County"); and, the Aspen Valley Hospital District, a ,T, �` quasi-municipal corporation and political subdivision of the �:r State of Colorado, (hereinafter "the DistrictT'). _ �„� ; �'- � �; �;- 2. Authorization to contract. This agreement is made pursuant `a, '� ,�� to the provisions of CRS 1973, Sections 30-11-101(1) (c) and (d) � r and 32-5-205(1) (a) and (h). r�;; �� -i � : ,p.<<:� f .� 3. Grant of ontion. The County, in consideration of the sum F ' i�;" of Ten Dollars ($10.00), the receipt of which is hereby acknowledged, I� � iy �'? hereby grants and gives to the District an exclusive option to d �,; , �y ' purchase, upon the following terms and conditions, the real JL y: a �;�� property in Pitkin County, Colorado, (hereinafter ^the subject �� ,: k� � ; r� :� property"), described as: �� i K� ? Parcel A • '� ��' ; �: I A parcel of land situated in the SW 1/4 of Section 12 and the SE L4 ��. `•��'? of Section 11, Township 10 South, Range 85 West of the 6th Principal f;A Meridian, Pitkin County, Colorado and being more fully described as .5;. follows: �,;" „y; Beginning at a point whence the 1954 brass cap set for the SW corner �� ;3�;? of said Section 12 bears �A�: y S 03°23'42" E 650.83 feet; Y� •� Thence N 03°OOT00" W 68.46 feet; �'� ;<. Thence N 71°00'00" E 585.62 feet to the point of intersection � :''� with the Westerly boundary line of the Castle Creek Road; N Thence S 21°23TOOTT E 65.87 feet along said Westerly boundary line; ;� � Thence S 71�00'OOTT W 607.23 feet to the point of beginning containing C' 39,251 square feet more or less, together with all easements and ��-. -= rights of way appurtenant thereto, reserving to the County a 14-£oot f.,'. �' wide bicycle and pedestrian perpetual trail easement abutting the �" �r' westerly perimeter of the parcel. � �-9 �A. �y.; — l;�. ; - .�. .::� .w . ,.. .:, .. .. / �,,. �:. �K�� t _ . �-r.N49..'`tY.+i..�.-.,}.,.sSud:..>w..i ... ... . . � ...-. . '"�� '�..t'` �! �� . -t .. � .. � . � � . . . . . . . � . . ' . ' .. � � � . - � . � � � •. " .� T��!%J�'1fS t . . . - � . . . . ,l � . . . . . , . I . . 1 ;#- _:�:_,: ;: �, ,;. ' ::t��;�:��'��. ' . . .r. ;�,f��.:, i;: Y: +�365 r,�c� 76 ' � . -r�SFti-.;. OPTION AGREEMENT - 2 - Parcel B A parcel of land situated in the SW L4 of Section 12 and the 5E 1/4 0£ Section 11, Tawnship 10 South, Range 85 West of the 6th Principal Meridian, Pitki.n County, Colorado and heing more fully described as follows: �;; ,� Beginning at a point whence the 1954 brass cap set for the SW corner of said Section 12 bears „r S 03°21'27" E 719.29 feet; �^; Thence N 03�00'QO'T W 145.12 £eet; Thence N 71°00'00" E 539.82 feet to the point of intersecti,on ':�_' with the Westerly boundary line of the Castle Creek Road; ',�� Thence S 21°23'00'T E 139.62 feet along sai.d Westerly boundary "-�` '�':'i line; �� ' Thence S 71�00*00" W 585.62 feet to the point of beginning 5'� containing 1.802 acres more or Zess, together with all easements �` and rights of way appurtenant thereto, reserving to the County �'� a 14-foot wide bicycle and pedestrian perpetual trail easement �' abutting the westerly perimeter of the parcel. ,`-� y :. µ'•� J �� Parcel C ��;: � _`� A parcel of land situated in the SW L4 of Section 12 and the ; %=a SE L4 of Section 11, Township 10 South, Range 85 West of �>?`' the 6th Principal Meridian, Pitkin County, Colorado and being ,�,; : ;,,, more fully described as follows: �r t� F,. Beginning at a point whence the 1954 brass cap set for the „� v: SW corner of said Section 12 bears F� S 03°17`51" E 864.41 feet; a Thence N 03°QO'QO" W 289,Z8 £eet; ;� '� Thence N 71.°00'OU" E 448.53 feet to the point of intersection E; '� with the westerly boundary li.ne of the Castle Creek Road; �:€ Thence S 21023'00" E 278.22 feet along said Westerly boundary '� :� line; � Thence 5 71°00'00" W 539.81 feet to the } point of beginning s ;;a containing 3.154 acres more or less, together with all easements �� and rights of way appurtenant thereto, reserving to the County �;; a 14-foot wide bicycle and pedestrian perpetual trail easement ;� � abutting the westerly perimeter of the parcel, � �� Parcel D � A parcel of land situated in the SW L4 of Secti.on 12 and the 5E 1/4 ? of Section 11, Township I.0 South, Range 85 West of the 6th � Principal Meridian, Pitkin County, Colorado and being more fu].Zy � ` deseribed as follows: � z r 3 i 3 � �q Y � 3 ' i � . �_ .....�'-�.a.+r�a..u�u:eN.b`.`.nl '��.4H�:.�'1i.'v _..�:�i'd.J:ta � �:'9:':%S�'wI`.YY'l.tt� . " . . ... � . . � f . - . . . . . . . . . . . . . � , _ . �. . � � . . - . . " " . . . . /r . . � . ' . ,•. , . .. - � .�.. �. ". � . . � . -. . . . . . . `�� ,i , f . � 1 i~.4w::1::'�%.- i:,;�'v7'.�.`;,y�r� . r . rai�.ti=>�:.�..,�,_ . .. . :,i;;.:y�_�. ��-��5�ns,�, , .:°41'�F_ . . . . _ � � . . . . .�... . . _ . . .. . .. . . -. , . a��?�� A365 rnc� 77 `��'�� OPTICJ[I AGREE.^�NP - 3 - ��{.:�;_;. '�+``'`•.'� •r`;� . � Beginnzng at a point whence the 1954 brass cap set for the SS+T wrner of sai.d Secti,on 12 bears S 03 13'22" E 1153.58 feet; • Thence N 03 00'00" iQ 412.98 feet; Thence N 87 07'00" E 334.03 feet to the point of intersecti.on with the VJesterly boundary li.ne of the Castle �eek :Zoad; -% Thence S 21 52'00" E 134.98 £eet along said tVesterly bowidarly lix�e; °� Thence S 21 23'00" E 169.59 feet along:sai.d Westerly boundary line; ;':; Thence S 7I 00'00" W 448.53 feet bo the poi.nt of begi.nni.ng �' containing 3.153 acres trore or less, tngether with all ease�ents and ; � rights of way a��rtenant theretn, reseiving to the Coun�y a 14-foot wi.de � bicycle and �edestrian perpetual trail easancnt abutting the mrthesly ' w; airl westerly pasimeters of the rx�rcel. � . :�. '�' These is her reserva3 to the Crnui � -r: �Y t7', for the pcsiod described in � �' ; ;� the first sentence of paragraph 6 of this agreement, the right to construct � �i y� .. . . °; a roadway wifhin a strip of Zand 60 feet wide and adjacent tn the x�rtherly � Y$ �.H pPSimeter of Pazcel D. Upon oonstruction of said roadway tl�e District shall ,� � Yj comrey a perpetual easefien:t to the Caunty for the road�,ray in place. � � � The County shall asscune the cost of preparing the suxvey for the easamnt; } and, in additian, reinburse the District for one-half (�) of the land � � mntai.ned within the easaaent at the price per acre for tahich the Iar�d is ,s�, � �� purchased by the Distriet pursuant to this agreenent. � Y 4. Purchase of parcels. The purchase rrice aird payment deac�line for each � J � p�rcel are as follows: � �`u� Parcel A $11.323 March 20, 1979 :; � Parcel B 26,892 P.ugust 25. 1979 1 Parcel C 47,556 Prugust 15, 1980 � � Pazcel D 43,593 August 15, 1981 � � The Distsict shall have the right bo purchase any parcel state3 above by payment in full of the price opposite it, on ar before the date opposite it, Fn.rovided that the District shall have sesved qrrritten notice on the Cbunty at least 30 days before tender (which � mtice may be c�*aived by the County) ard itsther provide3 tlye District :. � shall have purchased all parcels listed abwe it (that is, p�rcels . . . . '_—.....-....�+.r..reEis�=?A�A3n� x-:i�:nr/v.'ri�iw�x�.r.:w�....,...+..-w...+..o.�--.—_.'_____. . . -� . .�� + � .�.:-'• �, .. . - .. . . . . �f�• � . . . � .. 1 — ,� �s4�Je��`�i,. , u � 1 j 1 �:v � -. �7.,_. /. . . � `�� . :•�;"��-�St��•{Sa.: ... � sz 1�y�v,1„5,,,�F ,_a,w-4. ��'�'+r''�� . . ...,.._ _.. . .,._. . , ... . . ... . . . . �. . . ............ " .., . . L��r�l.' WI1 r �365 �i�i.t iV �rl�v'�:. �.::'-F�,t;*v. OPTION AGREEMENT - 4 - jmust be purchased in alphabetical order and the failure to purchase F any parcel shall terminate the option of the District to purchase :� that parcel and alI other parcels not previously purchased), �, 5. Title and nossessinn. The £ollowing shall obtain for each ,..;t parcel upon which the District's option is exercised. Title sha71 �:t be merchantable in the County. The County shall deiiver a current , 't � commitment for title insurance policy in an amount equal to the purchase price 5 days after notice o£ intent to exercise the ',i option on the parcel is given by the District. If title is not > :.K: •`' merchantable and written notice of defects is given by the District :� within the time herein provided for delivery of deed and the County - �< shall not cure such defects within 60 days after such writ�ten _ ;r: notice, then this contract, at the District*s option, shall be void �`: +' ;;i -. and of no effect and each party hereto shall be released from all ;�� , : "' obligations hereunder, The District shall pay the premium for the ';� ;; i;� insurance. The County shall execute and deliver a good and � k'�r �' ;_* • su£ficient general warranty deed to the parcel (free and clear from ,� all encumbrances except those reserved herein) to the District 30 ty Fs ,� days a£ter notice of intent to exercise is given, or within the :� ,.; r,: above sai.d grace period for curing of defects, if applicable. � �: F. 6. Right of first refusal. In the event the District proposes to '��, i sell any parcel, parcels or portion of any parcel described herein at any time during the lifetime of the survivor of the present Board � � of County Comnissioners of Pitkin County; plus 21 years, the County � shall have the right of first refusal to purchase any such properTy � proposed to be sold at a price which is the lower of the price per � � i 1 _ � -� _.._--- . . .,...�....�.._.....r.�; �...a;= »...s�r.:..n., ...,::,,.:.�,>-,.._-,.,,....�.,..�.;�f:>;.cr.=.;,:h.+.�.�:�:�w�+�.uMwt;;-;.. �-- � . . . . . ......�' � . . . . .� � .' :.-. ..:' . �_ �' : - . � i;: .. . � . � . . . . . .. .:;. :�: . � :. i .. . - ��. � � .. . - � � . . � . .� . . . . �`'�+r''��`.d� . � . - � � . . . � . � . . � . t . . . . . . . . . . . . . . .\ i � :�- ;�'. �. ,._.. } ;• i ' -ee�:.., . . ..,;�!�,-,}!�1% . '1�T��Y �. .`�,.,��': ��"{ai`' �365 e�� '79 ^��'��. tt�j . �,:�.: ��t��,� ,�! OPTION AGREEMENT - 5 - z acre at which the bistrict purchased the property or the price at 3 r � which the District proposes to sell the property to any third party. ;� Trans£er of any such pxroperty to any consolidated district or other � goverrm�ental entiTy or agency for hospital purposes shall not constitute a sale under this paragraph, regardless of the form which the transfer � may take. The District sha11 give written notice to the County of . intent to sel1. The Coanty sha1Z have thirty (30) days from receipt of notice in which to exercise its option by the giving of written notice to the District, The County shall have sixty (60) days from receipt by the Distsict of notice o£ exercise in which to make ; payment to the District for the property. 7. ZoninQ and land use reQUlatzon of subieet nronertv. This agre�nent and the purchases provided hereunder shall be conditioned �.3� �,z upon the ability o£ the District to use the subject property for the fo2lowing puxposes, stated as below or in other language to ``'> the same ef£ect: `� 1. Hospitals (public and private) including in and out patient '�i eare, medical dental services, wards, surgeries, laboratories, physical therapy, diagnostic serviees, radiology, emergency �£ medi.cal services, administration offices, waiting rooms, c� kitchen (to sexvice hospital patients, staf� and vi.sitors), and similar uses; health servi.ce and prepaid health main- ;;: � tenance o£fices; ambulance garage; heliport; aad parlcii�g I.ot. ,'�� . ; Z. Community health faci3.ities, including corrsnuniiy health Fy clinics, convalescent homes or centers, nursing care ��y facilities, ski7.].ed and intermediate care facilities, ;� mental health centers, drug abuse centers, detoxi.fication ;; centers; k v. either hy righfi or upon speciat review, If at anytime during the � � lifetime o£ the survivor of the present Soard of County Commissioners � � � of Pitkin County, pJ.us 21 years, zonix� or other land use law or j . � � � � � � . � v+�r:+sras . -�ewv.assr:wn.�.-w;wx-c.r<-:�,.:�ar.-a t .f.�.;:.x.1.` ::.+.�-_ ,«.« _..:k:,yt.,-:.r., ��K�.;..x...�ur��.�+,�.��sa'Y.'v;:¢xc��*,�i�x..�;fi�it5� — � � . . . ' .. � � . � �c . . :� ' . ..�-:=t?�',�*x � . � • � � , 1 ,-:..:.: . Yci.+:Yti.+�.'� .�l:�)i� �S / ��..3.<F.�{' . .. . � . w.r 'S�;�?.� ;*_r.� . . d�`k`€��1:' . � �-� .' ��±'F�,' l �365 �;�G� 80 �,.�a=: ,.�;�,- OPTION AGREEMENT - 6 - �� regulation shali preclude any of the uses stated above, the County shall, upon written request of the District, within 90 days, . purchase back £rom the District any portion of the property conveyed pursuant to this option agreement, upon which such preclusion - � obtains. The repurchase price shall be the price per acre paid . - by the District. The District is i.n no way obligated to exerci.se the right granted in this paragraph, , 8, Subdivision. The County shall secure all governmental approvals the Pitkin County Land Use Code regulations require in connection � with the transfer of property to be e£fected hereby, , 9. General nrovisians. By signing this agreement the parties acknowledge and represent to one another that aZl procedures ,$ necessary to validly contract have been performed and that the :� person(s) signing for each party have been duly authorized to do �� `; so. This agreement may not be amended except by subsequent ,� written agreement of the parties. This agreement may not be assigned :� without the { prior written cansent of the other party. This agreement shall survive the deeds, granfis and conveyances herein after whi.ch � �; all of its terms shall remain in fu11 force and effect, z , � In witx�ess whereof the parties have executed this agreement � { in Aspen, Colorado �1piPC�( /�f, �y�q , the effective " date hereof. � � :_ a THE BQARD OF COUNTY COZ�IISSI�+IERS OF PITKIN COUNTY, CQI�Ol�pQ�;�/r,' # � • J � ATTEST: , �"a � . M BY' ___n,/�.� �.�l�/��-�l�� Z; �'� � s .4� � ha' , ..�..•. � y - � ;'e . C(t;��c(1Z� C�i��?f.,G'�l�r.'�:` � (County Seal) ,. �' , , , . .. + ..... ; - � y..""""'""" ��taS��"'„�«.�:.�..��._..:�„<_ ' � . . .•�•.':�.^Y:r..� .ap._.s:? r,�.x_...,fY ...-.,.1�.5u�.•.T�;s::�w,e�.^ricc:Jw.:Xc'iei-'i5�i�ivit4+wd8;. .. . . . . . , . . . ' .`f.' �. . . . .' ,� . . � ..�. ..45?�'.+J�S. . - . � � ' . � � � . : � . . . � , . . . ' . . . . • . /I I . �..��.�i� . . ..__. — a.irrttrlf�� — ._..,.__. •.:.:l:j.'yv!��i�'' / . `�;+!;._:j;�.. ' - '�'��R.4iG�i.i��.; . .. . ,f•Yl /. '4�t:'�i-„a.,., to k. . � . �un. . .. .... . . ��+.3%�." �r; �365 �,,�: 8�. ��'` -w,;-. � OPTION AGREEMENT - 7 - ASPEN UALLEY HOSPITAL DISTRICT, a quasi-municipal corporation and political subdivision o£ the State - o£ Colorado A ST � � ��GC. �.GCd%��r'/"�- es' ent � Secretar,y=Treasurer - ;'�`,i� ,,'($�s.tz;ic't Seal) �'' =.�.'� ,,,c,^, c.,`••�^�- ACKNOWLEDGMEAITS :V 7' 1 ) i) 'i � '� � QF:COLORADO ) "- • .-. �' > o .COY]NP�''PF PISKIN ) ss. , t�� 7 7�The foregoing instrument was acknowledged before me this �'7 � . < .{ l daj!• a�.March 1979, by �(.5,�i K• K:l�ll,�'.P/�5 _�r � _ and � , - � � r= � `q,�'�''��(1j 1'�,�� , Chairman and Secretary, respectively, ; of,� �.Board of County Commissioners of Pitkin County, Colorado. < � .S •M. . . . . q� ,' ., � ?Wi�fdiess rriy hand and official seal. -��,' � ;•��'2+I.'y,•�'eoimnission expires: o�-/'f� �.3 � - � ,�' � :... ; . n � L,� �,,�/�� l'�oT°�r�'S£t�L) u�x� /�!• ��r/�''�-'�� ,, Notary Public l � f..� �• � < �� . . � ,,,STATE OF�COLORADO ) � '�.:'GOUNTY OF'PITKIN ) ss. The foregoing instrument was aclmowledged before me this ��{� � day of March 1979, by (.JQ2�fPS �LLr�.�i�i _ and � , � ,L f�. ��Qch�C_�' , Presiderrt and Secretary-Treasurer, ' re' spec ively, o£ the Aspen Va11ey Hospital District. Witness my hand and of£icial seal. .. My eommission expires: �.�cu{�L9�'�� IQ�OZ � '� �/ � ' t��IVOTAR�'AL SEAL) C/l./ _ � ' ' :.. Notary Public , `,(�T r. �f, � ,.�_ . - ; ' . ° •; `_ cl•.. ,`'J n 1.,G .r{,,< , ,r^ � ��•��n .,.,..,, _��._ �:.....�..,...�,�,:,..v:.,.•--- � . ;.... ... ..-ru�ew,�o:..r.�.�arrwmF.u:a.�.,. .,,�...,.e�:r:�e�:w=:a.s,.y-„a7ur� . . . . . ... . �.; . � _ ,f. . _. � . , � • ,y .a�,�'�.�.�.+ j . ,§� : : . u�,:.�:_..