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HomeMy WebLinkAboutbocc.ord.017.1984 � _ _ ,� :�;'` � . :;r-<. ,p� � w : � Z#�1�`,� "x'.I�'�'yS-,'�'$y�'�5 :j���( � �..r1��y��r i�f , � � ;. �� �'tk"v :�f' �kt "i +�aqflk����;.�{, �* r a Y`"a» k3���`r •��'o��'„����: .�i�1`�'ln��!"..�a?�ri k...,,s.li�'�i�w,�;�:el:iY ,` 1 •z .�.�..._�^�iwii.4:'a��.�>> t:.+�s ".i;a � F�. '��� . .. ;�s;', ' ;'�i'; ORDIIP�N� N0. OR-17 `'i Sexies of 19B4 ' ';_-:�;' AN ORDIN�E PROVIDING FOR ZHE DISPQSITIOII OF CE�IDI REAL PFrpPF12TY OWNED BY PITKIN COIJf7PY $Y THE E7CQfAN(� OF DEEDS ; OF EQ[IAL VALI7E BE7.WEEN � COUNiSC ADID A PRIVATE P%JPE:RTY F - a; CJ[7NGR; AND PImVIDING FSTRRi3ER ZIiAT THE DOC[]P'ENTS ADID EXFiIBITS �-;!; . i IN dDI1t�CTION NII�i 'IIIIS EXQiANC£ BE NII1D£ AVAiI�ABLE FOR PUBISC INSPECTION DURING REGUfAR BUSINESS HWRS AT TfIE , OFFICE OF TFIE PI'IICIN COUNiY Q.II2K AAID REXbRDER �a,'. `,,�� ' �<:;: .�.. 1 4d�EAS the Board of Coun �'. ;�;�';.;� , ty Comnissioner- is the aw�r of record of ' 9.0+/- acres of zeal pmperty knaan as the Pitkin Parcel and specifically t ,� described on the attached E�ibit A-2; and c-rt,,�g �"'�'i WEIE1�AS, the Hoard of County CoRenissioners has entered into an � � agrearent with Mills and Rodden (Fxhibit B) for the exchange o£ 40.0 acres of �;� -� ';;.;� real Property in the vicinity of the Bnish Cseek Road Intersection descxibed - � in E�dtibit A-1 for the 9-aCre Pitkin Paroel described in E�ibit A-2; and � - T�yn x; � WI�REAS, the Board of County C�missioners may tesell a portion s; a '^ of the Mills and Rodden property to the ZYansit Authority to ai.d in fut�se '1 _.,,.� fsansportation i�roveaents; and � ' :,� 4d�EREAS, the pznoeeds from this sale will be used to aaiuire additional � � open space; and ' ��t 1 � � � � Fh�REAS, oonsideration was gi�en to the uni.que c3iaracter of the indi- ; � vidual tracts of land and a sale source selection and pmcurement procedise r, F� � _ �• was utilized; and �;::;;� y WE�REAS, Section 8.7 of the Pitkin County Hone Rule Charter provides � y� for the disposal of public property. t � '� r:� NOW THEREFORE, BE IT ORDAINED BY Rf� 80ARD OF COUNPY COI�PILSSIOff7ERRS F i,...�� ;?� OF PIaCIN COUNl'Y, OJLpgADp that the exchange and sale of properties described ,.._,� _ t � , ,� above, and in Exhibits A-1 and A-2, is in the best interest of the County. � �`?� 9�erefoze, said e�hange and sale is hex�by approved subject to the terms and ��`.:�a �;`:.,�', wr�ditions �ntained in the �ntract Aqrn�nents set forth in E�ibit C. ;�:. -;� '`,s` =;`:': ��_ �F-. . 1FG,. y�. . l� .. , � '��' _...t���_.. _.___�.� ....;t:,... ....:.�.�..- .._�_.._. � .. _. 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',+A`.: +k,.,if�rii.���u i=`.��i R I. .;�,a .::�w`� ';��Y ' ~ i�;- '=w SE IT FOR'II�R ORDAIL�D that the Contract Agreenents prpviding for ;F� . �,`? this sale and exrhange, as set forth in Exhibits A and B, are hernby approved �ii -•.� � and adopted. , � BE IT FURTHE.R ORI�II�D that oogies of E�ibits A and B be�de available � ... .e� � ,�.i':...' �. - : for public inspection chsim� regular busir�ss hours at the offiae of the Pitkin �,:;�: ,f S County Clerk & liecorder, Pitkin Cotmty Courthouse, from the date of fixst � '�-;j-� reading of this Ordinance until its effective date, thirty (30) days a£ter ;�;,�-� �1 ' f].I13�. ].TLSZ72Ct10II. - M �� INlRpDUCED. FIILST READ, AII�ID,riET FY)R PUHLIC HF,�IRING ON 1fIE 10'I'H t,f� A � �:� AAY OF SE�ER , 1984. �s�'•'���' APPR�VED UPON SDCOfID RF.AbING AAID P[�LTC FiEARING ON 'II� 247�i pAy pg M�'� SEP'PF1�ER , 1984. _ �� FTt�1L PURLICATION ON � 4TH pAY pF pCTpBER , 1984. .� ti��� •: �; �...�� �ST BOA.RD OF COUNPY CC]tM'QSSIOI�tS �..:� PITKIN COUNTY, �TAFADO re � � / y� Iew Scanlan �Mi ael Rins y, azrn�vt a� � Deputy Cle�c and Fecorder �` �..y1 L�_ �::� . 3 � a (f}�o a69�1 L C'6�' `� ,�:� ;:3 �,:. e� -,�,�F-sK��� �t ;w� °� �� ��:.;� t� �;� � �. �; .,,: fiay `_ �i {.. �;' f� I+Si ��� :y;�.`-. �. 'L � :ti�!:�. �= �j:F:. � . ..a�Y�^-'—. . _---._r......�..., ...::....,....r--- — ._.�..,:,.,� ..�::_.,�..:,..W.....��,,....•---- -----, _ ... �'��; . ��r; . � �`, . . . ' . . b 1�"'?�'��� . . , . . . � � ,' � ir ': ..���. 'ii..:`. . . . .��r;�:�;.w� . � 4d.'�'•{ tii.;f �•� ' ��� i r w�:. ',k'��,g�..'4 ..•.:+.. :r! 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Yli� � �- -�.7.�-•-� � . �. g�...'- . � .. . ._ _ .' . ::,.... .. . _ . .. _. . �:,.. �� ��� . . . . . - . . � . . ... � . : . ' �,3 Y _ �;z' Ef^a'�- 'o �`.�s.,;,:�- � . Y'.4:�.:`.,..._ � . � ' � eR� ..� �� rc ? � a � � ' �1 � �� . F..�>'r__ �::f� � „C L'K`x Y+,';T i� ' � }P'�`;;) �^w� ��.'fs! ,:;� `'�: � � f��h...'..+ f��y. . . _" _ � ? ...ts_�:: - `;�; ~ .j. s��i ��'��.ad, s t .:��e �.r! n�'a.4 }y, ,• Y�yf� & d Y.� '� y �t'`� � �'�1 f ��y�rt� 1�'.. l, x� + ✓ „� r. 7 �,f Y�. �,�y;��-gt'r� �`�+jl�' '�'^s''�.-�"+ '�..,f� i 4�L �K�`�, �� s�t+�-.S,�-� �„�r ��,jy.��+,..i` ��1 � � h�4 ,y �-• s t. � �:r . t'�t'�'w.�;_.�s rr�;rSt,. �'G���r w w . x�>�. ��+..Y� ���rh,.�,�Q?r'('>.N���i�'t?'�,� • . r . `:j;r � , , a exhibit B � w , . . EXCFIAPIGE AGREEMEPiT � . 4 � .., THIS AGREEtdENT is made and entered into as of _ r` �•� `" NOVII�ffiER , 1984, between the following parties: - 4 :_ ; = �` WALTER B. tlILLS and PAUL B. RODDEN of Denver, � "`°' �' Colorado, hereinafter called "MILLS°, ,4� `��'� and ';�r�`� THE BOARD OF COUP7TY COt1MISSIONERS FOR THE COUNTY �-`� OF PITKIN, hereinafter called "Pitkin". ' �;� RECITALS: �F-;�,� A. MILLS and PITKIN, respectively, are the owners `%^.' of certain parcels of real property located in Pitkin County, :' _ ,'����' Colorado, which parcels are nore particularly described herein. �' � MILLS and PITKTN have agreed to exchange their resgective parcels :r_�,�,�, �..�': in accorZance with the provisions hereof. ;� '•�"�+ B. MILLS and PITKIN intend that the subject er.change i '� � , '� transaction qualifies for treatment as a tax-deferred exchange _;} ,,.._� .,� "�� of like kind ro erties in accordance with the � .�� p p provisions of ��.,�°� Section 1031 of the Internal Revenue Code. �;_. ,� :; "'�, �p'4 IN CONSIDERATiOt7 of the above recitals, the mutual i D;� ' � �,N covenants contained herein and other good and valuable considera- s �-� tion, the receipt and sufficiency of which are hereby mutually " z Z " �acknowledged, t•lILLS and PITKIN agree as follows: ' � i� c.`:�y; -� ARTTf i.F. T_ nF.F7NTSTf1TJR ,�J: r.l � SECTIOt] 1.1. PPf�n�tionG. As used herein, the follow- � ing terms shall have the following respective meanings. v� .� ;{� 1 �. i ����'','� g.. �: � + . � • _�«°�r�x--• ,.. , . u� �.,p�'��'�`r: 'Cx'[-l' h'' . y V� L. • � f � ' .h.�CiC'. � . . ��y .� � . � . � � �} t y r'i" J�i k"E" ?: :• � . a ?�:ti4� ���::$± �+[+�,�"��M�4� . . '1�-'�?i�:: � �3��.'`.����w . .. � �, f �,.�� NJ . � ...k;�fi:� � q�y .IP . � � � ✓��.H�Y i S�NF��.K ��r;} �� �'.�'�' �'��I'��5������.n�( Se���y;, .��s �� ,+. f �, ,�,nr'a�.T rta n��, 'ty's a rx�t i.�� �le �F -•�':s���..'�'r`. ��k ^..t.,,����.6�4'�..�f��!.:'s�da�a.��;`��• ,� :.,,� !�,t� �'�, �.'�,�M��" . .r�:},��3�[`. � .� _:t�:5a�r.�� �7.�.'.'.�v..�>��,,,hy„a -� .,�; . � � . .. = ;�, (a) "MILLS Paccel": That cettain pa,rcel of real property described on Exhibit A-1 attached hereto. �; � (b) "PITKIN Parcel": That certain parcel of real s; ,.....___. _. .....-_,_._ ...-_ property described on Exhibit A-2 attached hereto. �' (c) "Closing": The• closing of the subject exchange transaction provided for in SECTION 3.6 hereof, ` . ....-+w+rw��;i„�.�...._� _..s,s-..�..- . . �,. r ,' ARTICLE I�. REPRESENTATIONS AND WARR TTIES :wr •.;u � SECTTON 2.1�. MIL.L•S Representations and i9arrant�es. �"��; MILLS represents and warrants to PITKIN as follows: -z�•a °..';:,::.:.i� �;�,�;� (a) Title, MILLS has, and at the tine of the Closing `` � will have, good and marketable fee simple title � in and to the t4ILLS Parcel, free and clea� of � i 'c::,::f� any and all liens, encumbzances, and other matters . _ rr� • �� affecting title to the MILLS Parcel. � ,.� . . . .. r`� '�} (b] 4ualified P�op�erty. The MILLS Parcel constitutes U � ~ property subject to Section 1031 of the Internal :, � I. " � Revenue Code. ,�� � SECTION 2.2. �,TP.IN'S ReDresentat±ons an�jaarranties. �� � PITRIN represents and warrants to MILLS as follows: ,y. �;� � � (a) Title. PIT&IN has, and at the time of the Closing � � s� will have good and marketable £ee simple title �',+� . v,,� � � ��� �� � in and to the PITKZN Parcel, free' and clear of • �-� � any and all liens, encumbrances, and other matters � � F�'�; affecting its title to the PITKIN Parcel. �� t� �.: ''='�� (b) Oualified Pro�erty. The PITKIN Parcel constitutes � ptoperty subject to Section 1031 of the Internal k � . . • ,f_��' 2. �_ �:: �' �. t_,;� . �'�' � . . ,� � -____._. .,�.W..,. . �... ��:,,,,t.�. -.__ _._µ_ :,�:. . __�,�._.. . . . .�,:c.,.-- �. ..,..,.;. ..., . . ,. �.<. _ [4 ����- �'�.�'' �; �x� ��47 . � . � .. � � ' �`�..:..,...- / M�! F ' ,�'-�Y� '_� � .��....' .. �� �. '-'r�i±:Kn;;;.i . iw?�°'`��°':� ��:f�'r,�g�� . ;�,'�:.�..k'? � e��y���� , 'v • �t�x " ��" 1 :J . _ . . ;. ^:4: , r::. ^tiM - � � r C, i nty rr��+� �� '� �!a _��,yi � � j�.L.c�.�i4�.��4 �q�y�"F" R �y� Z _,}� �r yt�t �Yi fi]: ,.� ""f�,�1� �y ���''.. {y�� 2` � A�'z 7,t'o '4\' � z�' �'i= ,'j�y �� �j>` �K,� �f`�+S*!i � t��^�'�'�"��i����F ���'ti�.,c�r,;� t y`'•�`l`t�' F .y�A �U.� 5''J�:� y"�+r { l�7'�^' �r'a�rf S�� , ..;.�.�� ��"CrrQ�y+i�,..� . 4.�. ��.��� � ��+��.�..��e`�� .. .... �. .-��'���*r'f ..���:.�s'������.•��v�a(.. . 'x»._., � a�a$:._ _. �..�.� . ",`s�,.' • . `�' Revenue Code. `,;;,, AI3TICLE III. AGREEhtENT TO EXCEiARIGE SECTION 3.1. Agreement to Exchanae. Subject to the �::+ • �`` terms and conditions contained herein, MZLLS and PITKIN agree :�;.,;; - 4�::. - �' to exchange Parcel A of the MILLS Parcel for the PITKIN Parcel •;t:' A�; ,;t^;3 _ pursuant to Section 1031 of the Internal Revenue Code. . "`x� SECTIOtI 3.2. onv y1n o MI •LS a 1 , At the �;'-�:� Closing, MILLS shall wnvey the [�IILLS Parcel to PITKIDI by exe- ; � cuting, ackno��ledging and delivering to1 PITKIN a general warrenty i 2� ��r),�•....��-� 5��..�cv � ��,c.'1" /` . i �� deed in the form�attached hereto as Exhib� �_2t by satisfying "` all of the recuirements of the MILLS Title Commitment provided � - A� .�:;� for below. � ;r;::'.; . ��"'��' SECTION 3.3. �onveyance of PITKIN Parcel. At the . � � '`� Closing, PITKIN shall convey the PITKIDI Parcel to MILLS by _.., a' executing, acknowledging and delivery to PIILL�a��neral war- � Qstsu•tSf� S�w_1�.�--'.> .�l•.t_v�.�- ranty deed in the form�attached hereto.as Exhibit D and by satis- , - �; . �S fying all of the requirements of the PITKIN Title Commitment � � � `�� ` ; �� provided for below. _. _.�._ _ � ;; � � -----...-- ---- - -- --- - �s. i •!. T3 � � , SECTION 3.4. Difference in Valnes. The [espective � : ��� values of the FIILLS Parcel and the PZTKIN Parcel are agteed �:;� • ; to be equal. . _ ^ '�x SECTIOLl 3.5. Adiustments. The followinq items shall ': � C-�� e; :'::;�, be allocated between the parties hereto: � �- a'� ;,'� (a) Taxes. General real property taxes and assessments ;';,� pertaining to the MILLS Parcel and the PITKIN �� ParCel (if any) which are attributable to the +i` _ . 3 _- i . �� � Y',��`��� � .T-- . ... ..._,... ....... . . . .�,_ . .. _ ...._., . .... , �_ �h. .. .n: . . � ;xy..:W�� . . . ,�3 �`1.� ... . a . .t� +`.�;^. � . _ . �:�•.. 9�1� t� � �i k'Fyj .• ',^ . ��.�y.�Y�:� � . 3w Yu . '�y; :� ' � .G���,fN, . I �'. •'� ,�.'~.".� .. . � , �� �, �� .�� r � .s t �'ti,"'�` c� 1 iY'��1't�.k4 ��� . � �4�r����t�.���.J�V,.,r,�`� r[ . �3"aF �{� � ''� i`' V{Y . �h��'f��r � +'�b'�.251: Y a���L i t• 7,��l��SC r r ��%��'����� #k�k ±. .�r't•�;rL'k rojt�..` �� di t Y�i�f+�,� �.. '. -�.y�a413`z,��'Y{ nd:t;,.f'' r . .+,. :a�e�.. �.._�`_ ._n.:,�i`�` . ...i.'i .�s7t'�'!x» :ia .;�!rs��... .. _. ,.�.. ........, "i.;.� • . .?, , y�; .�:'��:s; . •y calendar yea� ain which the Closing occurs and ; which aie payable in the following calendar year �:j �} shall be estimated based upon the most recent �:: � applicable assessment and levy and shall be pro- ��,r• r:: rated to the date of the Closing and the prorated f ;:'� amounts shall be allocated to and be the obligation � . N�.: �.,°'�'�-,,�,, of the pacty having title to the subject parcel ' for the proration period in question and shall ;�� . '��" be final. ��� '� (b) Utilities. Rents and Insurance Premiums. There `�� shall be no adjustment between the parties herewith t"� with respect to utilities, rents, insurance premi- �? `� �; ums or other items paid o= payable relative to � �:. ". � � the DIILLS Parcel or the PITKIN ParCel. �\• i: � SECTIOL7 3.6. Closina. The Closing shall be held �;; � _ i; on or befoce at .ri. at � . . 'ti i�� � the off ices of "� - E j , Aspen, Pitkin County, Colorado. At the -� fclosing: � . � (a) PYTKIN shall execute and deliver to �IILLS a good - and sufficient general warranty deed conveying the PITKIN Paccel free and clear of all taxes except the general taxes for 1984 payable January ,I,• 1985, and free and clear o£ all liens and encumbrances except easements, rights-of-way � � and restrictions of record. �'.: � :;cf:. 4 �J� :A • �•� . �:�.:.' .. �F:: 1'f'.' . . (# ' .,._ _. .� ,_,_..�.�.......�. ....�_._. ........ . . . . � . ..._. �..._. . .. _ � ..�...._. . . . ' . .Fs�7:'1:�"3� . _„ii; • ,�at; i.:�'� . .. . .. l�F,=1�°�{q:�:{ . � . x,�A..."a'�.•,� . �* f r' :,.1 ^ . ' 'T4�:.��`¢�4:� . .�L.M �r'c�y I ��T�� '���_V�" y� ��=-N�i�l�rv 4'�' �.�..:. j� ue:4,Y � ,, . i�', i,�M � ' S . . .,`�"i'f. i t F.. N �'� � � � ~ as �`1rq��+�f'k ��.,• , �`��i`j, Y„�'�. r �is�''�1'�h.y.a��',,._ „�y t]' i�y',.rp�F,�... . �, S M y� t i�/u,N�` pc.�'�T� �''1' .,{ if��{, S�� . .w��;Dw �Y�'��Sy�. t t� i+5.'�`"�;1"�,.'� �,-. n�`. :���� F ri'� 7�;3A. , �..r�x r ,Tdtr�,rr.+�!>X�Y .�:� � . �r'Sr ,�,. .�r�i �.�,YL,.��..,�;y.ssa,'..�"�:?�k�k7.�:91Si .,,. ..JL.lEar�"F7��'-�, _ „�,�i� r ��3.. 7 r�w �+!''r „1x1'y't si: .eFr;.. ����C � ' . .. � . �.y � (b) t9ILLS shall execute and deliver to PITKIN a good and sufficient general warranty deed covering - ; the MILLS Parcel free and clear of all taxes �, , ' except the general taxes of 1984 payable January ��!; � . 1, 1985, and free and clear of all liens and .-�. ' encumbrances except easements, rights-of-way �� � �-` " . . , r • _,<.,F ,��. ,i'.., :1�. ct''t..-e� // _ and restrictions of record-: . �,,, ., ��/��� :� ..k�:� -' ARTICLE IV. ADDITIOt7AL. COVE[�1A�TTS O�IT7N ENCTEG AD1D OND7T 02d4, �'�*�:;,E� -.rz: ' "'-�°:'�^ � SECTION 4.1. MILLS Documents. On or before �� — ` �? , 1984, MILLS at their sole expense, shall Purnish ,'1�::.:. '��'�"��� to PITKIN the following items: ':� �%�= _ ,r`+'f-� (a) Evidence o MI Ti tl , ,:,.:;� � .;��,.'fyn -:�;*':' • (i) MILLS Title Comm�tment. A Commitment from - z-;... . �_�;,'•� a Title Insurance Company insuring PITKIN's '�r '7�Y ::".�F� , t .`;�,I title to the MILLS Parcel in the amount `� �-� -bf Three Hundred Thousand Dollars-"($300,000.- •' Y� y:.'� � `•�' � —`--00) whicfi- shall be'�urnished"Eo--PITKIN:�� �"-' '. �� � �-��' ;. , � �. � - �(ii) PIILLS Certificate of Tar,es Due. A Certificate � �s'� of Taxes Due issued by the County Treasurer ^�' s''��+ . -,� �.�? . , of Pitkin County, Colorado, certifying that " `r�� there are no unpaid taxes or unredeemed 6_,;, . �� tax sales pertaining to the MILLS Parcel, .' ,fi±� • . •. . 4`��"'�1�' � except taxes which are to be paid at Closing. s` �!:!�i ;� SECTIOt7 4 .2. PITKIP� Documents. On or before _ �� , 1984, PZTI:IN at zt� sc,le expense shall furnish t� to r1ILLS the following items: �� 5 �� %�::�'� ';�.,:.. i r �;. . _ : _. .. . __ yV�--. ._._..._._. .M._y,,��,r. -- _ . . ,..._. __—_ _ __... ..:_..,... .-� ..: ,,_ ---.z. n! . � , ...._ .. ..,, � .0.. ���a•�_ . :�,,�,t�y��,�', -. . ��a ..,�V_. w� .� p,�- �;. �� . � . .. �1""a.�.,�,;.. . r'°�j _i � r' .� . - �a�;:.�.;_; '`�;.�,...-.: ;�z:��;a v;,�;,;�-> ° ,;�;f'^� � �''".,�'pa:,;r� ;�t-'..;a•� . �' �'�i:#:kr . �,�� .':V�i^F,' !s:.� �:�J , � . ,. � �; ,±75.;. � . _� r. . . � �� �. _ '�s,^t���'�-y���i�'Y���S ��"xn�'L.t itiY �- ��ir���"i�w�r4,�'P ...:T's�::�s..���������t ��+,('j;.�k1£A�i'tk�.'�-_w.:.�.�;�..�'6�`}��$'ctt��, , �\�;�+x ��,11 i� ���t�`:. . �� �Sa,.s..`1 y y.�* �v.,n';�. ;�1, , . �� .i, . ,,.�.;r� • . �:.��..r; . �-' � (a) �vidence of PITKIrI'e nuthoritv. An ordinance =:� of PITKYN in the form attached hereto as. Exhibit E. (b) Evidence of Gompl ;ance wi_r_h the Pitkin Cou�*v � �' `' , `'f? Land Use Gode Regnlati�nc, A resolution of PZTKIN :�;:�. approving an exemption for the definition of '` :x subdivision to allow the Separation of Parcel - f4 _ � A and Parcel B as shown on Exhibit A-1, the MILLS � . r; „ . pcoperty. . ;:.;.::'��; v,��';� (c) Evidence og PIThIt7's Title. � ' �, r: �, ;� (i) PIT�IN' s Title Commitment. A Comnitment 'Y�;:a . � from a Tit2e Insutance Company insuring � My:� . MILLS' title to the PITKIN Parcel in the i r�� " Tk- •. amount of Three Hundred Thousand Dollars � ;� ($300,000.00) which shall be furnished to �'.. ...� . ' MILLS, �+� � (ii) PITKIN's Certificate of Taxes Due. A Certi- � ;� ficate of Taxes Due issued by the County �;� � �� Tieasurer of Pitkin County, Colorado, certi- � ?� fying that there ace no unpaid taxes or `' � `� unredeemed tax sales pertaining to the PITKIN � `x � Parcel, except as dese[ibed in the PITKI2I ` � ' � Exceptions, � 4 _� � SECTION 4.3, t�terchantabilit of Title znd Contin "n_ .i: 7� _s 9? � y "`.� cies. The q'� parties hereto further agtee as follows: _�,^, (a) Titl�. Title shall be metchantable in FITLLS _ t'; . Xr ; . :.r, 6 r:= � - . ;�;_:: �:;.�: �� f�f, F �. �. .r�... . . _ .- . �• .. . ...... ... . - ., . ,. . !!ilG7!RL'r►'.T'�.. .. . .. . ... .. .. . ... .. . _.. . . -_.., :. � • � � �' . • .. , ._. '_' :pa'd�,,...-r ...,..,_ .::.._....... _._......._....<�........_._.. _ . . . .. ... ....::..,.7�...-........... ..; ,____. ..__. -...,....... Y"YF- �P.i ..-'y��1,'.. . . � � r ti�.,Y� �V���'. � .. {�i..R`...� . . . . W���` " �, - . „, � ����� ^� L., .�i��`� ���� ' . �� •.:�;�r:�: t ti., _. � . _. �.* ... . : ,.�: � ' ,,� ,.�,; - b: �t�' Nl� _ .. .r . .�F-..��n 5"fl�`�9�4'S�et1.:. � �'F f�� .y1f„.i'S ,,,�`��+�,��r 1�:yl rr-'• � .�,.. :.�-:�'$�'��+ES''r `�::�1�},�..`��iSZY.:..k�,�,.:i'4..� .:.�'���.91*m'Sd!�2�a�aew'-�ea�� . :`l�s:�.r�?�.�a,�,�a�.At���'"a. � , ,+STM: � �``' as to the MILLS Parcel and in PITKIN as to the ::.; PITKIN Parcel. ' °'�'" (b) Tit1 e DefectG. Zn the event that the title of .a., _4�:1 �'.. ':,.; either party hereto to its respective property ' !�. ,; - h. ` is ceasonably determined by the party acquiring r'- such property not to conform to the representations ,�.:., !;`' ' and warranties contained herein relative thereto, ';_ ' r..•:�f '�i from examination of the evidence of such title �:�% provided for herein, or otherwise, the acquiring ;�„�* . �' party, prior to the Closing, may give notice ;�� ' . `�` a� to the defaulting party describing each title ��i'"���-�. >z.,��-� defect asserted by the acquiring party. The - ti defaulting party shall, prior to the Closing, ��. - T:��' at its or their sole expense, cure each such s,:;�� ;';>#i title defect and furnish to the acquiring party ��;� �..�r :�.=.;�� evidence reasonably satisfactory to the acquiring ;'.�x�, �;=� party� showing that such title defect has been � ',,.��.-��', eliminated and that the defaulting party's title �S'} ��� ; ; '�' to the subject property conforms to its represen- S, t� tations and warranties contained herein relative ��=' . thereto. Failure of the defaulting party to �' €.� � ti...�.�. <:•,;� furnish such evidence to the acquiring party within said �time shall constitute an Event of �; . � 4. [�? Default (as defined below) hereundec. � -:Y+ _ ?`'.� ---- - ,,�y (c) Condemnation. In the event that, prior to the �^� Closing, the propeity of either of the parties y4 . r,�yJ ;F� � . �.� , - �:� ,;1: k: ' �� ,� _ s f � ,_. ___._.__.._ _...__. ,.._...._ _._...... ._.:....:__.. ___.. _..._-. _ _,y.. <..,. ,_ , $t�., ' • � ����� _;-�]o`�:� ..'.Vi�i1w,'':� . .. :3:., 4�'S � I.��� . . . . � .iS:����' . . . � . .3^ '"':I . �} r.,, : _�.,!, ;:`, ,w. i ���;�:.� ...,�,rY'�:�� ��.'��+�� ,:.t:,�t , , �FN��xy� . }t� . f;,�,"t�:r`� -,;�,.,. ,��« _...,����.a.... . _ . f ,.�., fi . 'i�F"�. :.�j�. ' h �tr�sz ^''����+5` T_y P�` 4r�r v �Siiv�f+'h;'�P r , � �,y q�'� � y���k&i�s.F����-.�. i �• f 7 ,.+' f� � 'C ,,7�±�' i � a � J'�.t t �. F�� L,, �+,},�'�FS 'rz�a6iey�L;'e' t* �1` �� ��j�---�y-. ����Y �' �Rk 1' 8 �� l� "#� i qft��,� . ��� d �:r. 1� R� r �v," , r,� �fj; � +c d r 'a� .r a�r 3,.. .c.�u.�1��n.��.`,����ns �' z ��i '���r ��'� � ? H k{Y� �i���Yr t�4'C,�!t �.�" ,. �5..c�,..��=k.' .. .. . r.._ . "�u*�7..- '�:}'... s�-�.. .�..�izJ�Stt � _ - �.::r:; • . ..;.ak . . . . :L ' • hereto, or any part thereof, shall be condemned - � or taken under any right of eminent domain by _ :� :; any governmental authority or other party, or shall be reasonably determined by the party ac- - . -:� quiring sach properky to be threatened by i�r.minent __ � �� conderanation, the acquiring party may give notice to the patty transferring such property either � � (i) electing to terminate this Agreement, or • �� � .. ;::.,� (ii) electing to perform this Agreement notwith- � , x � .r,� standinq such condemnation or threatened condemna- � s'!; tion, in which event this Agreement shall continue ` . --� in full force and efEect, and the transferring � �i .:r_�.�%'' _ • - ?">`:"'�� party shall not compromise, adjust oz accept 1_:�_:.S� . � a� amounts payable by reason of such con8emnation s= � �i � �' without the prior written consent of the acquiring �� ,,.. ;� , ,y� party, the acquiring party shall accept the subject '� property to such condemnation end sha13 be entitled ��1 � � .� to all amounts paid by reason of such condemnation .- � {� � � and the transferring party shall pay to the ac- '= �.� quiring party any such amounts received by the �` ,i,� =;��,��, transferring party prior to the Closing. In �;'� the event that the acquiring party fails to give 4. '�`�'" such notice at or. prior to the C2osing, the ac- �'.��' ::.�Fa +5��::°�a r�. ;;!�� quiring party shall be deemed to have elected _a • . `�-�;� the second alterr.ative above. ': r-,.' � . �;�� (d) Termination of Agreement. In the event that f°�.� 8 �: : -a+ � ,� .' �� ' �F ��^ . _ o y�y;�.�_.. _ . "._......� . . . . . ,.....,�._.. .._"' ..:. � _ + . . _'_' ..,.:.., .....� :..:� ..:�,..:..�...._._ . . .......---.._.__ . .. .__._. l..• ' _- . ....«� .. . . . 4 a� ' f ��_i��"��: . ' . �-��?4;`'. . .. � . � r ��:� .�.:�i:''�-..� " 4� { . '�-�{��A ..ry . . . . . .. j�yy� � i . 4I�{' '...� K*'�'�+(:•At'; . r�i��^N _ ' ' ����� ' e:;�;;��; � . ., �.�, y� .�,��� !;IL. y � ,. `•,�; _�;;;:s;: s:� ,; r—: �. ¢ • ��r ,�. �:.f f s�� ;�+����,. � -�.��� ��k n�p"�,��'ur S'`, �x�� �'c y S� .��s r r � '+J� � .�' �„ -,���.c!�T�' '�� '°'v,'��' �;7'�'� ^��i�a���#,w�i� � �S��Y '� �A ..� 4 1 ,,r � q,�, l.r� � �'� .�`y � f ,• jl�ta ��.�1` �"'�'� 3��; o �ti, �;� 7rY"�rY �. ,M''y+i ,� �aF: a�� ��:K . '� + P;+ c`'�'�',�������. ta``�#(`aa�k�",r�f'4;5�::2��3. ,�1�is��.�t� � ` �' _ . r .,.. �x,,.- r �.,1� lk e a i �7,��f�� � ksnyFa:-ttt 1C.�x.-M' �.ua'3��iSt`.._.Y'� r.. � � , ..e , ���3:::.�.. t��a'�:Lufils��..s+.� � . r . ':; either party hereto elects to terminate this <.v Agreement in accordance with the provi$ions of �" this Section, any abstracts, surveys or other �.; r ��l • documents or property delivered by either of �" the parties hereto to the other pursuant to the �:` ;;r:•`= provisions hereo£ shall be returned forthwith ,.�,; ��''`r? to the party delivering the same. Upon such _=�'v? return, this A9reement shall be null and void � ' r,. � • and of no furthet force or effect and each of :, ;� ;,�,_:� the parties hereto shall be released from all I�, � further obligations hereunder. �} � � SECTION 4.4. Conditions. 2his Agreement and the .� r.,; rwa - . obligations of each of the parties-hereto provided for herein ' �.�'� shall be sub'ect to the followin conditions i � g precedent: r � �x (a) Documents. Each of the parties heceto shall � have timely received each of the documents to •'ti � ��r`,,, - � `� which it is entitled pursuant hereto or shall ' � . � : �' �'� have waived in writing its right thereto. �; � �,,. �� (b) ggp,lesentations and�•7arranties. Each of the j � � representations and warranties made by each of -....�+ G='���� the parties hereto to the other shall be true h=�� and correct as of the time of the Closing or �� a.� �:.� . . y;:;� the inaccuracy or breach thereof,� as applicable, ��' shall have been waived in writing by such other �,, Party. r� ' �;� (c) Home Rul e Charter. PITKIN shall have completed ���. �s..,� g �'4'':: i � � � . t t �� � . � _.. . .. .... .-. ... _.. - . . !e...,.. _ . _ . .. . . .._. - -�!�e�+�r-�— : • �. _ ___ _ _ . '�,�K��ti,.� � �,;�. . • `y`.�-�`� ' . ��<� � ���r a , � r ' x .; ahk'I ��,�� ,i. �� . iy., ., 4��'."��'i.Y4� . t�'�xyT..-,T"' . .� nJ yt `'!,.'L',;.F�,� ' �nw'r`. � �•.� ���.� �V:z"r::.'.�`'.�';; '1G' �.'`1 .�:��+s+...�*;www.�+:w�..�w�:y , . . � :�^,�:' • , _ �.� e a'� 1 "'�4,✓xc ' .. . l.�A�,'p : 'F ,�n(, '4*S�r!�'ly�'�'�y��� ��( �j,L f� "� (1�5.�'ll4'�1 -� � r� q� ��x' ^l+-', ( i 9 i`c��^,� -f �, .. r i .'�, ,I � Ar f�. {`�y��.s''uY9 rE�"�:� :x'3'Sfi,� �de . . t � � -��.<.�e�t:'',�s.� �"�'����,1t� xit���t`� 5 � , . _ a � _�.t...,��.'.e:..,a,_ .s. ���7'irtA �?�.'tf�YS�e..=:.y:';'..��iii�`��+�.31r tis_ - ---' .� 1 �3w"e:+�" ° z ... 4a &��:;.'.. and complied with the Requicements of Article 8.7 of the Home Rule Charter (d) Improvements. A21 bnildings, structures, utili- i% `� ties, appliances and furnishings currently on �' � - the MILLS property shall be included in the con- �=-:=��.. =^:3%t:r. �' veyance to PIT�IN in their present condition Y��' A �'r��:';: and without additional compensation. i ;; (e) Non-Satisfaction. In the event that any of the �; p . foregoing conditions precedent is not satisfied ��i' •F ;j in the reasonzble determination of the party r;: ;� � benefited by such condition, the benefited party � 't may give notice to the other party describing � : }' . ' „� each condition which it asserts has not been � �� ''� sati.sfied and electing to terminate this Agree- ` v� ment. In the event that the benefited. party j�'. �� >� Eails to give such notice at or prior to the - �""� . Closing, such condition shall be deemed to have ��'� � y'. ;� been waived, in which event this Agreement shall k� 'Ss,� c° ��, �';F . continue in full force and effect. �l � ;,'� :� (f) Termination of Aareement. In the event that =+ "`'; � � either party hereto e2ects to termireate this �� ti� Agreement in accordance with the provisions of �. �� �.`; `j� this Section, any abstracts, suiveys or other � IU - ns: ;� documents or gropezty 8elivered by either of �� :: � the parties hereto to the ather pursuant to the yL �� provisions hereof shall be returned forthwith � � . . 10 . , � , � . : . . .. � , ���±.-_ . . _.... �..,__, . . -. .. . "-''"""'sew'we�.'rr' ..,...._.. , .... .�ra�',�w�;` ---- .�.,._ - �; :�a - • ar�' '`"�; 'r�4 s� �:K -. . � . , 'uSat-�hd.: .. . . � . n ., �`,�1 .' '� . ' t�-,_'4,...i'J..,.'. � . �t:d;�.F,�sr.:::'�:I . � f A: : �L�• ��.��.1 1'y�:';�;�:'�_'��.+ . . ����'��� . �a_.Y-4 ���`���� ���fi� , ,� . -�;��; _ '.;; .. , � .. , � ��f . :i�� .:�?.' . ' � ' �::��� 'Y n rta ' ' .Y C 1 = � 1 ..,C � 1 1` . _ g �Z} t �w'`ft��,t-� t'a..x G,� f t �t4.� �'i' -J .c`� y 5 �,Nrr, � �+'s�f� r#�31'SE3��i r} Si�- , ,�yJ�'�� ,�� rfd�rY,��? � t Y qtY Y. .t.Y� , ...,YT '�A^`�t i' t �� �� - `d�'�:_�s�����'���R���� .F t�4'^��� t: `�i�?, e � i �"� 1 r�����'u'i ��7"'S � _�..a. . e*- t_ •_<...• ..e�'�N":�'F,3� . =;:� • • • ,� � '� to the party delivering the same•. Upon such � =7 return, this Agreement shall be null and void -, � � and of no further force or effect and each of �T� }'"'' ->a the parties hereto shall be released from all . further obligati6ns hereunder. � Y' ARTIGL.E V. EVED7TS OE DEFARLT ri :� e4 '��'':-�r=:'; SECTION 5.1. Events of Defaul t. The occurrence of -.•.:.: ;;s_-..;; any o£ the follotaing events shall constitute an event of default ,•�r� '_::-�;,� ("Event of Default") hereunder: <: � (a) Breach of Covenant. The failure of either of $� � K`';-'� the parties hereto to pay any amount or perform ,.�- �i or observe any other covenant or agreement for y -,4:� .:;:.:h�' which sach party is obligated hereunder. r `� (b) Bankruptcv. The occurrence of any of the following ;;,:::� ��'R; - -;�, events, as applicable, with respect to either � of the parties hereto: (1) the application for - ` � . or consent to the appointment of a receiver, .;'j ti , ,y.� trustee or liquidator of their or its assets; � � (2) the inability or admission in writing of ; � a� inability to pay its or their debts as they mzture, r;._�� �:=,� - (3) the making of a general assignment for the � benefit of creditors; (4) being adjudicated as � �`� bankrupt or insolvent; (S) being declared suspended ;. s;,-� :�. ;;�.� and inoperative; and, (6) the filing of a voluntary ,�` '"" petition in bankruptcy, or a petition or answer r<;� - t,� seeking reorganization or an arrangement with �jy..� . �i'^�� 1� . . 17''> T-, �^t��''.,�� . Y�__ . � �� .. 7 ,. ♦�,��. ..__ . _""_' ".....__.._.. .. . .. . .......,.:,_...�._......�r— ......_ .�.._._.._.... T`! ...,...,.. ... ...�—_ .'. � ..... � �� ���� C�.trv!�S.J r f ���'` X , .:r�,:^Y:,<;�:.;{ . . � r�.':: f.�a"�y`:; . . ,-f�;:j tz._.;..�.r . � � 1 b �Y. '� :....,*,il�t ,"��.,3+��� . ' �. >Sii�,:-= � ��n� ..'"}�T'?'�Sti� � � '�<'�,KE�},� ' � . . � ^w,�`•.��.� . �ti, �� .� , _ . � ,� ;;�" ..:;+�:= :� y _ t : � 3� �����,���:���-� }y; p �:r4��,a,�j��,�'�r� . . _�+.i''•.�3 eC�:mdar:�i� . ':.+s+.�. � - _ .-f_..Y..'R ,.��i'.e.���t!'/i�_..:*1 :�`i::i'�,t8�d.�`�}G:.. . . . . rr�,.,. R . q, -.;�..:� � � " ' creditors or taking advantage of any insolvency ,:"j law, oe the filing of an answer admitting the ' � matetial allegations of a petition filed against �-,::;� them or it in any bankruptcy, reorganization �.� ;i or insolvency proceedinq or the taking of any �:'I' i � action, or consenting to any action taken against ��-:�. ��: them or it for the purpose of effecting any of y�l._".1 ...7 �_,�; the focegoing. ARTICLE VI. REAiEDIE5 �'�^� SECTIOH 6.1. �medies. L'pon the occurrence of an yti . ` Event of Default or at any time thereafter, the non-defaulting �� � ;� party shall have the following remedy. The non-defaulting party -..;; ;;`�� may give notice to the defaulting party declaring this Agreement ' ✓ ::� i '�.�; to be in full force and effect, notwithstanding the occurrence - r;;-.',;�`" �`:�`:� of such Event of Default, and shall be entitled to the remedy ,'��`� of specific perfornance and damages and may pursue any other r .� J.; i�;''�� right, power or remedy available at law, in equity, by statute ?�':`�� or otherwise to enforce the payment, performance and observance ;,�� �. of all obligations due to them or it hereunder. �._�. ,� � ARTICLE VII. GENERAL PROVISIOt7S ;.;� � � _: �� SECTION 7.1. General Provisions. The parties hereto r � further agree as follows: ' �:. � �;'si Y; (a) Time of Essence. Time is of the essence hereof, '', 9'� provided, however, if the last day permitted �. s`.:*� '::� or the date otherwise determined for the pecfor- "�= mance of any act requized or permitted under ,%� - . r:�; . ;� s,� 12, � . ipf� .� •� • � 1 S'{ �� ... . _ .... r � . '�*lv . . . ... . __. . .... . Jr .� .. . ... L ��"_.. ..._..____�.__._�_._. _........ ...._.�._... _ r . H�iay.� ..... ._::.:'.... . ...... , . .�-. .,��..w,; y����+ , -. �� � w^ s`; • y�sy`P,� �. . . ' � Er`w�?C �,' a " . t . t `sy n ,r�r ���i",,; .";i � ��^�3,� . ' ;�;:.?':;:-� :,t�^i�� ' � �;����;� , ...:.5`� �.�: �����r�� .. ,:r�:',; �aa. ;:.�:ia.:--a . � _ . • }. ,::�:-_' �' ;::��,i�� . '4:'::�1�1�<. . _ � N� �, 1a r r�, yt �, .;,'���i.�?,�.+�n�' . ..n ��,!r��. - t„ � s�a��`h��ur;'�g r i '4,.�+ �A ,<y.4'���:�� .�'4��'y`W�'�.�pV �. y:r ��j�(' �ai f'4� y^„ ��..j,7y�t R u.�;rt.-F�i'x_v�,.�:�4' f .� t't.eE��� S'��� � '.'""���,����� . . -�.�iCT il T�^���..t.... `]�1t+Y!.i.�LA.r. 1'`�� !�.` _.. .���'•I�'j+�f !y" ,c�. �k .Jf44:r..kr�.'� �rf7�. �. ,;a ' + this Agreement fa11s on a Saturday, Sunday or `i � ho,iiday, the time for such performances shall �' be extended to the next succeeding business day, 7 c.,-_ < unless othen•rise expressly stated. _„'} (b) Governina Law. This Agreement and its performance �3;�; ;�±:!� �; shall be governed by and construed in accordance :��`;"; with the laws of the State of Colorado. y ;r_._:;,-� (c) Severability. Shoul.d any provision of this Agree- �r,�..r 3;;......� . �:>>i;;,-,;; ment or the appl ication thereof, to any extent, :'��<:-:� :`�:�-_;-'? be held invalid or unenforceable, the remainder r ;,3= �.,,_,� of this Agreement and the application thereof �w� other than those �; provisions as to which it shall ..:��+--��`.�::[{1 . . have been helc invalid or unenforceable, shall � r�. .. _ � •�a �' � not be affected thereby and sha21 continue in �,.-;::,,:� full force and effect and shall be enforceable �:� to the fullest extent. permitted at law or in - t�° � . . equi ty, `� � .�1 � � (d) Intearation, This Agreement embodies the entire � � - � agreement between the parties hereto concerning ' r'? the subject matter hereof and supersedes aSl fir � . �` '+ prior conversations, proposals, negotiations, , � understandings and agreements, whether written G:��.��.P� tt `;� or oral. ° ; � (e) �ncor ration b Ref erencP. ` ,� P° Y All schedul es, exhi- ' � , q ` bits and addenda attached to this Agreement and � z t • �"' referred to herein shall for all p ��� ' s;':`;�� . pur oses be � ",} f � . 13 � . � `''`�} - r-Yr:�,.�'' t�," w �. . ��.� .+��F.. . ... . �+�JRT.!!*_.:.. . , _ . � ., . �� ' .� . . .. ... . �� ,.'�•'.x,.�----.... , . ...__.—..�._,..... ... _...,.... ...._..,._. . . ..:-... . , ..._.. . . . .-...._.,. . .... + �i` , ..�.,, . . .... ... ....-� .. .... ; �,. �*�„� ��}'�� . � � � N� i °4L �- � . . . �t F ��M9� ���� . . - � ., �r�' �:'' � � ��R .� �'w�`� �2?,":�s r I . . . . . .4'dii����'u"� � , . 7� '�'�'��'";'�4�4� � \l . :� �,:� � F,r�r�;. ..:�:µ�K:,, � �� . . . ',:J>��` , �. - - _ ak . �.{,cry�y����, F � . ,y� `'!q, :. �.�*� ; i�'�if ta��'�`3 3�•��"���''•�fi A ����'1�7 ,���f titic���'����4r r¢�..' ."I �t� 3���,.������ :' �'r��k}"��W�&�IC�'� t'�, r {'` ,'�'$��� '3.. { �".St ,i � }�,�x ,,�t �'�a �� -3 �' r . ._t:r_. z�,.t. ..!,.-.�i'. C+�ti,.. �...�s. .e�nV4'��+. . �.�,:"i:c��`d?�'�-i`3J+,�'"��+�5: �.�.. ',•� I . . deemed to be incorporated in this Agreement by this re£erence and made a part hereof. (f) Further Assurancet. Each of the parties hereto � : shall, upon reasonable request from any other � , ; ;� party hereto, from time to time, execute and ` �� ������� `r� delivec to the requesting party such additional ._�".s'., documents and inseruments and shall •take such � >.'.�; ';�� other actions as may be reasonably necessary ;.�r.:� ;�� to give effect to the provisions of this Agreer,tent. �:� ;;'�-��'�� (g) Costs and Attorney's Fees. In the event of any �ri .�`� litigation or arbitration proceedings between " an of the ` ,a y parties hereto concerning the subject : - �•� matter hereoF, the revailin y } ,..�� p g part in such Iiti- '�=� gation or proceedings shall be entitled to receive i�" �";�� from the defaulting party in addition to the :w7 �;;;�'� amount of any judgment or other award entered ;� � � therein, all reasonable costs and exgenses, includ- ;�� .�} � �� ing reasonable attorney's fees, incnrred by the . � � ' prevailing party in such litigation or proceedings. �� � ;. �:'. �':�� (h) Compliance with Laws. The performance by the �� : P; • parties hereto of their respective obligations �` %� provided for in this Agreement shall be in strict '± t:� �, �;�-4; : �,� compliance svith all applicable laws and rules 'i ,...� • �� �:�;t� and regulations of aZ2 gavernmental agencies, � ,,' � r .��s`, municipal, county, state and federal, having � ,�r � , jurisdiction in the premises. fi":.� 14 i�;^�� r � . r��'` 'x' . x; ��� . ,-x� . -.�_�--- ---.._.. _. ,�. _.....,,.._ ._. ,.�_ _. ... y .. ,. �,�<<; #j?;;�M1;;;` � . yc��; . a�t�n, ` �c R.^��;' . . . , �,r ' . r} ';° _ :i �:�::R..�,'.. k �: f :�`� �����i ���t�� o: �..�. � . . . . ' . �''�.Ri��. . r.:"r. -�;��°'.._5=�.� �', a�.� ; k� w,�� , M��4T :.�.a...:J , _ - ' � ,I+,. � '_K;, . , ':;�r�::. .°r� ; tit' s� r ro� {"}r+�e � ;=j�i �s (�i t- . I ���f4'��T�tkL��� �r+� 'fi��:j�l{,� 3� ��f`4` �L�,t..lry��t�4�1�.. `�`i,�l�x-4���ii��°�F�F ?�u'L}�y,i�f����7��. r�iJ.�` a -hz,'p S� .c � 4� � ��,�y.__�•,�.. 1 k L�' � . � �1��!,�y �+i�;�:i L. .i.�"F . ."�54:� � . dQ� :.C:t�: �i..� 4. . •' x:.•.. . G .�i � �.il ' •. � � " . . • (i) 8mendments. This Agreement shall not be amended, ;;� altered, changed, modified, supplemented or re- scinded in any manner except by a written agreement ; �,`�::. ,,, executed and acknowledged by all of the parties hereto and attached hereto as an addendum. t�,�,�,:. ...�y ��T','�..,�':.:�: ;:n (j) Survival of Provisions. The representatians, _ � ;� covenants, warranties and unperfocmed obligations y - ;� �;; contained herein shall survive the Closing of ,� this Aqreement and any investigation made at `: � � any time with respect thereto shall not merge �`� into any of the documents executed and delivered , ix �`,�� . '•�� pursuant thereto and shall remain enforceable ,� to the fullest extent permitted at law or in ,e .� - � • � y3 eq ui ty. `; ,� �, �:. (k) Authoritv. Each of the parties hereto represents .ti � to the other parties hereto that such party has y; . ;�� full power and authority to execute, deliver `' . i;� : . � .yY:l � and perform t'his Aqreement and that this Agreement � � �� constitutes a valid and legally binding obligation � ':; �:i �. a:. " of such party enforceable against such party '` � ' � � in accordance with its terms. � ;� tl) t�o Restrictions. Each of the parties hereto �'. � ' repcesents t.o the other parties hereto that the � execution, delivery or performance of this Agree- fi:; �, ment will not contravene any legal or contractual _ +:,; �� restriction binding on such party or on any of � � 15 j. . � � ' � ' � . �, .. ,+—r+r��p�t!�� . , . . . . -•�-�i:'.=�:>i.- . . ... . .f,r,st_st.• . .;f.?tiy�;�''n_ . . �i.��:G:`�� . ���#�� .: . . � � ' . J.�:-:-'-_>" :�� _ .s� i+m. ;� 1 . �,,r2��:;:.::a . �.�i ..�My�g:�;����.} .'*�:wN�t�;. , . :�:,;�,;:� . -,�,,����. .,�����;� �,��_'�'�� � �. } N�� ��r:�. . ti�• �:.ss�`�Y'J . , . �" .- . . � ',�*'k�..'• �� - � � . � ^ . � y �irT�,��.J�,�Ya,.ny� �:;� •,Ay �,i t; 1�a4'.+i^y gP_ ,: . . ' p ' . � 6 4� v 6 vY{ .R E*.i`"i 5 �� '� . r �i�:' �' ,.:r.C`J�'+'.,:�'��.�a����i8�--_e,'14._.��>.a }:d'at�?Lff��4'".�.�.rrm �':�i ,.� .2jr.-:�s..!`� r�r. �_.. f •r ��.�!� . . • �, 'i,�' • , . �`�' 1 its assets. �..::� ; j (m) �to Lit'1,Tc t.�on. Each of the parties hereto repre- _ sents to the other pacties heteto that there �,. is no legal action, proceeding or investigation •' of any kind now pending or, to the knowledge '�:F:, - of such party, threatened against or affecting x.:= .ip;::�?; '^: such party or the execution, delivery or perfor- -__�; mance of this Agreement. a �_ :� (n) Counternarts. This Agteement may be executed ry?'.•`.:�'i -�,,.;,, in any number of counterparts, each of which � � shall be deemed an original but all of which .�_..._a ' �; shall constitute one and the same agreement. : _,� . �! `; �i (o) Paraaraoh Captions. The paragraph captions of �'Y? - ",z•fR� thls Agzeement are inserted herein for wnvenience _„s 4 � and reference only and shall not be deemed to �`-���� define, limit or construe the provisions hereof. 3.� i �� (p) rumber and Gender, h'hen necessary for proper , :'::-:;:�, construction hereof, the singular of any word ��1 � 4 � � _ ] � used herein shall include the plural, the plural ;. 1:.�'�.�7y ; ni` i � �;� . shall include the singular and the use of any > t � , {, , gender shall be applicable to all genders, � �.:�9 :`<><<"-�`�'- (q) waivers. Any one or 'more waiver of any covenant � ur^,�,� or condition tiy any party hereto shall be construed � i c>.,� , �=,'r� as a waiver of a subsequenC breach of the same #. � covenant o[ condition and a consent to or approval ,-.;: � of any act requiring consent or app�oval shall a c . �,�� ;ti`; 16 �;A �;V. s.;.. � � � tti � . �, . _ . r: . �,..,�.�.,.�...r..- __._, � .... .. . - __._.. , ,._..� �;.,_..— . --- --___... .,.. :_�:,..,-.-_ ._..,.,� ..��.. ,:,F°-- -....:. 'z .:��. �-- " . .r :.:.i .zr.,:';.:a:r. � ���i�`' � � . -i�:4sri;'"�<:' � . . „ ��s�}�� N . �"'�{j �, � . . ' r:,3. *1 � . . ... �':� r'f . . . � . ��''. ;1 , :�.';;.,. "�.,ri:`:;�=:;:::'.;;`. —�ir�!?•:'•<.:� s.;r:�;>.;a . , :4:d��':::p;;,, .�s^-0,'�ii.'.� . ' V7:.���'Jt� . • ::{���, 1 � � 4'?l-f y K+ ' � \.���:. •• � .4•�;,.;4 '�: •.� �. . �. �.<,: � '��3'*k�., . � " .`� ' " � 11 -ta' '}r����/'X�.�3 J4;V� hr 't: �'S _�: ±���1��.. q. ; tt x 7 f �� { � f+�*"�P� . dC�i y���� . . : � � [.' �T e p ,{k �t{ !',y. 1r p:;F�`.��t � ^r:�"' ,fip'tt �t�,�t�,� iY t�. �t, ���� R-'tj%.'S 4 ��� $71 �- i t 1��'al`"�'a��`�i� C�♦` � c�'y (�'�' +�t 1�� :; }� �r �y�t,/��.�e,�•,. 2� b F.t'� .4'�+� �l'^5[..._�w.,.'�S.DiAM•..C:N!'o����L�i3y"C' _ .L..::a_. �i'3.'.us�W.T.3a.. . . ��t tlrw�:i'�:�.��r�a6."f:T.t"y �:.'R:c' � .. 'a'S . , ` � not be deemed to waive or render unnecessary ;'�, : �;; such consent or approval as to any subsequent '� similar act. � (r) �Neaotiation and Draftina. This Agreement was ?:�� negotiated and drafted through the mutual efforts ,�.: ; �'�:� ==� of the parties hereto and no construction hereof ��-��r-t'� shall be made more favorable or more detrimental - �`•'� .`v�.�' to. any party hereto based upon the negotiation 3 �,-.+� :}_s� and drafting of this Agreement. ;:;�:::-:':,: ;���,;;F.� (s) �iotices. P_ll notices, requests, demands, or . _.� '�..';� other conmunications provided for herein or given � or made between any of the parties hereto in �y " '�'.��> connection herewith shall be in writing and shall ;;:�s:;,��.,� be addressed to the party to be notified at its r � � � ' address as set forth below or at such other address ;',:;' ::a as such party may from time to time designate � t •s by notice to the other parties hereto. All notices ��1 �� ;� (except notices of change of address) shall be �` •�� • effective at the following times based upon the � -_`� method of delivery elected: (1) three (3) days '.`i � y: � after deposit in the United States Mail, postage r k,�, � prepaid, registered or certified mail, return =,�`;;;� receipt requested; (2) five (5) days after deposit - �.•� in the United States Mail, postage prepaid, first � ' `� class mail; (3) upon delivery, if delivered in i � k, ;� person either directly to the party to be notified Y � rY =J �-�._:� • 17 . � � .� � : Ly-� 14. � {y�r " � .r:..-... .. ._.�.�_�..��._—.. '.' . . . �... '.. .�.; _ � � .: .. . � . . ._ . ..w. a' � - .... ._..�: ,:....:...... .. ;..� ._...—r. . ... __..__. '�'. ._..�...� ._.......:....:'.. ��. ,......, �. *`isr,J�Yr �, . _ . . . . �, °'.�:,z�F:.;�:- •=;ry� . . _ � � rsx� : _ r ::. � a�� y,_,. - ��;.:i:^,a.';:.:. �;fi'_%:�:.::.c:;i ; � �Y . ;�� a� � k. f ` 'Y� �u`�'.::s�:;� . :•"%_�u�:•:��. . ."d^�.Y:°�'_� • . , Yvir��h,:,: - ':�.�2�y,�.M.4�� � �'i�1iY;� R+�.�.• i �� .�,Y rs.;.� �'� . ..;i,�;i�.'{•�e;;- .. ;[�.ii..:��i f a f� . h't f. � .,. �, � `�}��1 ;`.;T `�;�f�� �'4i�'�'�-��.�.� ���� � . .�'Se.'.e�_.a�'a�.:x,.�.�4:� . ��..:.�.: � . . . �.:(_ •�...�:�� .�;;� i`'u�t•,-.y' � . , , �`. ��Ai`'� ;:,,�j � . ;r or to the address o£ such party designated herein; �,a or (4) upon delivery, if delivered by commercial �:=� . _. ..----._ . . .. ::,. express service ot courier to the address of � ,i r`,r9 the party to be notified designated herein. �-;. ,t•'''S Notices of change of address shall be effective � �-'�' ten (IO) days after the ef£ective time otheiwise �•�•' � ,=�:` ��J"� applicable thereto. ar%;�`+ �"���� If to PITKIN: Mr. Tom Smith -=��:? County Attorney �-'; AspenaSColoradot 81611 - , � If to HIILLS; Walter B. Mills �,,r .,,:. Paul B. Rodden (,�,s a� r�.� • c% Rodden & Baesmaah'� 1860 Lincoln Street : ,�::'>3 Suite B�SvY ?n�� �� : , Denver, Colorado 80295 � �� (t) g�nding E£fect. This Agreement shall be binding - `r"-:� .�y'.g upon and inure to the benefit of the parties �;�a hereto and �heir respective heirs, leqatees, ,;` `;� devisees, legal representatives, executors, admin- � ;-:� . ;':� istrators, successors and permitted assigns. ; �+� l �!� EXECiJTED as of the date first above wcitten. � Fy . / � i+? }:� . �. � �� dl t B. 9111 S - . � — ' :}b �'R�-��1 /�/. ���4.-i y f �„ Paul H. Rodden .� j i� y �� � . 'R! 1$ T. � �',� ��.� . '.. . � ' ... . . . . r . .. _ -._ .,__ ....-..._.i::.�.:�,.._".' '.--........,.:,.::r ., .a. �y�yY,.....—_—.- . ._._ . _.__.��_.:. .......-.. - .,_,�-.�. . .. -w... �,��. �:�� �" ' ' ' ... • .(`Y' ��' r� i � .. °�'�}�. � � . . . '4..Y�aP".µt....' . . . 7.� ��a . . , . ':;{�15.:: . . . . � . . �.,,.�;;;,;-. . . ' . . � •:�:S;;s_�.q� , .. ��k} �:� � . .?�.1.'.. . . 2" "t �:f � . . ���3;,:� . . . 'QE'�.��. � . t��� � ~:;z�z��� ;. n . ��`. . .,�.;:��s , `" „ f °h�' . . -:ya,� .�F � a 1t}(� ry+�( ��'� t��� +y f �� .r���'�F� . �. � �t �� Jlt�+s'q�".�'v h. ..� � �a �§ii�r ;��� �?l�_. �� �G� �' ;P,t'"�U r r* 5 .,�yS�f�4��" tc C; y* �{ �`i%'.��� � 1..��'��" . �T iF���.�1'Srn f L'k G�`M1.,��L'��N�� � t i�-}�jj,2��� � .,.h�S:.�ia:'ei.x f yY3�„'��:^ ky:It, xx'�.,}. =.i. 'i o',�'�.. 4 � r�_Y�t'��o"����'�*..���-.^.7�.'ldi ps�.� _`'P '� • • . .. , t i � � . : � SOARD OF COUNTY COI4tdISSI0t7ER5 "='-S OF PITKIN COUNTY, COLORADO >! � -� . � i By° � � . Mic ael Kins ey, Chairman r -�; :+',''.,�.�� ` STATE OF ) '`'=�"` . :'i.�.:i ) ss. � - : :p._% ';,-±�i COUNTY OF ) 1 � � The fo eg ing was acknowledqed before me this ,��u� i "i=;:; day of , 1984, by Walter B. t•fills. � �:•`:.� : .,..,... � ;_^,t� witness my hand and official seal. `�'�u��, ' ; ;�^� *� a17�.,J,- ;:3 �A I.!l Y LA�w�.cC_Ucc�i1�..-ca�,;,,���'`°�i.a :;, . ', i'� Notary Public ��' s: .�'1�,! ,:� i ::� ' '�� William H.Haesmen.Notary Public��'.'••.....--'•�"`~ ,� � H •.� t� Addre s - ?'•r'� 1860 Lincoln Street Sutte 808 �'L^ Denver,CO 80296 My commission expires: a°<.� . 6;..- ` �'i:,� STATE OF ) i'i ) SS. ` COUNTY OF ) ��: ��:` . . � ' ' The fo ego'ng was acknowledged before me this �2��� �'� �,• day of ��_, 1984, by Paul B. Rodden. � � �}'` Witness my hand and off icial seal. �'. >^ != �:;. . : '�.� �� � � �tNC l.6nM /�c.�W-u.�c� _ `� , Notar Public `a 3 y � �:: William R.Baesmen,Notary Public " � � � Addr e �B�uncoln Slreet.Suite 808 ..- � •J" �' ir1y commission expi�es: Denver,C080286 ���D�v..',y, • � '�-o-� . �'��"�1 U 11 . : - � . _ ,��' �'. ..-''�\. . y.•a..11 i.� ' ..na �' . 19 '•`;_'�: �° i , a � —.__. ___�......... . . . ; . . ,.:-:..:.,a.�....... . ..,--.T ....—.,—_. . �- _. �. . _ _ , ..-. Y_.....,:�...:.�— . ... :n; . - _. . � . . . . +`�''�' � . . . . . . � � . . �� : ��'..� A ' - . . -� ' . .. . x.� .. .. . . . �:Y(`!/,:i � . � . �� f ' �� {.� je:3�°iV.i'�w:� . .. � . . ,�.��'4�;.� . . rr.V . , . . . ���� ' . �� �i� � �T• � , �Y���u� �' . ^�.il.:'•i� ;L,� 1 `._ . , ..y�;Y-f,.'. ' � x'atJ�-�.� . . �I�;::b�i^3-. . � ' . ' �.'eT`x:. .. i •;^{"y'� ' .iqR . � .� �.# ��, _{ ��� . . . � ��r� 't �4�'a- ���� � S'C�lY�'��',".. +. �1i . . ��'�s.�� rBY���� '��.'�.��..,�i;: { � � • �4.Ft..,:� �A��Zt���:;•� o ��C';F��y'�':'�... L STATE OF C�LO£.ADO) . � r ) ss. �C COUNTY OF PITKIIJ ) " The foregoing was acknowledged before me this LST � t --... : day of "�"�-R , 1984, by Hlichael Kinsley. �;;.:=.;;;:. '- 47itness my hand and o£ficial � „`;`�;,� - � . � . �—`�' �''st���� ; t• - :( • •pC� Notary Publ ic \ !: '��'' ..:�� _, ; � �, r `� � 506 EAST MAL^T S272EE?' �,�. 8�6�� �` � �' � � Address � `� ,� u L�G� _� � 1/13/II7 t' �'�•ty commission expires: � � ��'' . � -. � � � � � J i� � �. � � . #�r ,� � � . s yN r � �� . . ,,Y . . .-�� a'v,. {�1 • � , � . � • Y � 20 � z... • �., � ,';`' ',•t.,::: . . . _ y; :.. . ,�,...,...,..... ,.�.:..;�-- __._ ,.-„ : ,- __._ �._.. _--- <,� �,�----- .._..,_.��... �.,�:..�,.�_ `�'�'_ _. , L iY� "µi�!'�,.:- . . , ' y ' . x ��� ��. � . . . � . . ` . ;1��y ' `� � . ,r.ae��,_ . . . .fj4N.K:;��.'.'':j - . . . ... . hu•��.�'� ,� . � . � . � . � `� � - +4'eu�� � . .,�'��:�� � . . ��. 't�r,�.Y„� . r ' � � . � � �', � 7 ',;s.�'Y � _ . .S ':;�::r , � �� _ . � � �� ��. � . � __ � �,,,-�. A � ..: , . :.4R. r�'" �;T, . Y ', ° �:. >.,��= � o � �;:t: ,,���� - \ � �.���' � � `.. . .. •� - 'C ,. e A � � A- 1 � � �qt�� � �;.. . • h� ���,• �!''l b , , y � k . �� • � s : �i�'.�'`'��',. N '� �. ; +� y � 4. ` ; ,` o� � ==r,�. �t i� , .. �� . � , � \ r. { .�„ `'p� � . :\' $ 'f� � � ,Q, �, �y .. i .O If � •�,� G ` O + r � 1 � ` , It .�' O � � t'� �,'��+ ' ; `\; i� °`� � � :j�.. jit (,,f. '�� 1 • 2"� p � \ t% ''r''' I:t : :�' :r� '•� � ��l •.'/; ��r.i �'� ^p . � 11 � :i ,; � •d :� �: \\t \; . �� it :'��x T � �`�� l` ,�( `' � t� - ' ,..-- il� i� ' - �t r'' • ' .:�: ., �� �" �' �" � `�`�..�. 11 � �i �tj� ; `' �� m - �� '�� • �j I�i��— '! > � .. r�' � . , _ --. ..., 1�: :•, � r �'.� ► i A :_:� ' ' . ��. 'il°"'�'� �1f I�. ►"��t i��i�II� r'_:; . ° ,', � �� .� ��l1 ` �r� �'���� � h: 4` .. � \ �' .G 11 +\.,��, a �� ���� ���� � � . t ' �..f.. ;u ��� ���; . . ;;�;: --� �.�i -.11'� . ��t. ;; .a. _ �,�. ',�t�.� � � �'� ` "� `� ��II'�.. .. � : � , 'r,�"s E��J r.` ;,.�Il �•. . �'�. � \ wsN c� � � t, .� �,^ �j 1 • . 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'�'�, 11�1t �I:,r.�`'�{� ..}�>1 ��II� '���J ��rl,�.//;.:'.��/� ��. � ;:%;��-� �,-�•:� } ¢ �� �. � ��l � �-� ' ;�;.,�,.l l,'��l,:,��` f-��;' r-, ` -•- `�� � ''�:ii5 11 ' �.������ _��_y �,�� l: � �E'�'� "'-`„7-.�ii � ; -_.i;:,� t' 'Jt.l' i� ','I �.;'_.:.�i � i.�� . /� :��!� �'.'^�� _ 'A'`�. ;. � �, � �s� l � �� �.�. :`. .�F `;r(:�/� . � .�'_,..> ,. . . _ . -•_���� ' k rt�� �t�; i 'i�� 1� .��� 'i�. �7r'�Y �S/�5.� ' ;�;':i.�;•1,��/f:= 7 _�_. " ., \ � ::(�� � ,,,� i�f ��{,, ysr��'�"� �;,;�'� •=' ;�,.%r;s� ��, _ ,�`,;`• ��'��- `�i'�'''�'� �'t J ;,.._�{S�; ��1�1>�",.,����..,' }� .�Y,� .i• ;�f///�•�i� .�(!•{���•y;, -:i.:yt•., ;y,, .. \. : .. ' t�}� J�li� I��t..• �.��,� �%�.�: ��_ ."l��l� '.;.'�/:7(/� ���_r��,{+= . ��'.M�^.; �"v'l',1�4�. . /,�IY� r T.-- ./: �' ^�+:_.,.�,...._."...�.�.... '• - -'...� .... .�-�..o...�,--T_.... ......�...--. . . ._.. . . ... .. , �����.;. ..... . .. . . A: 45� • - �•.,.. r,;%,';:'::� � _ , . a* i �'.r;.�"� . �'£:' �h`v� ....; �S� t "�o- '� AU��;"��' i.*J �� J ����'� •p^ . ���'k � (,� •;'', 'L::J'.'..: � , µ::, F � n� v ?�'',`.. r @ . � �'� '1i� Y`� 9 F �T F�15 -�� .:-,+ #T'}� H`-�t . , ... : �f. R�l� „����� ,L•��y�,�i�Z f 3 �i�t{�`=�c� `Y'f 1 . . _ . ..4.w�..�:� m..::.5�. . ._. a��ax���Ra- ��•.. .�i--r'#<r-.��.�.;7l:_�'.t�{: e= - _ I j . � ... ' • � . . � .•.. � � N.f�►4.��w . ... ' . .. .. Rw�rNI. ^ i . _Exh.ibii�.----.. _. _ _ . . . . * ' Mills a:rod PDdden (�antcr) '�..��,r. �hme addrtaf fa � ' - :;� . - :.��.� County of DOpVE= .Saq o! . ' ' � a COI.OTddD .!or th�mnaid�ntfon of i�� ddlan,in hand paid,hereDy aeilh)and rnn.ey(�).W �-'.. - - -�_.��;a HOdLd OE CAL41t.]+ CGiRri15SlOi10S5 ' C�-�`` � .rr':;�`;��-. . whoae leQal uldre�ia . Countl o! 1 4Y � Plt7[]11 ,a�StaN of C•O1D1'ddD the tollowiaa rnl pmpert�tn the • � s� � i � Couety ot .�nd State ot Colondo.W wit: ; l '. . � (Ieqal Desctiption 40 acre parc�l Exhi.bit A-1 heseinafter x+eferred to as ? '_ �� � the subject paz+oel together with al.l histori.c water ri.ghts appurtenant . ;; � . � the property together with the right tn oonstnyct and operate a public ;�„�;; � trail across the North end of the 20 acre paroel stx,nan on Exhibit A-1.) • � ,• � • , :' �� . , F�sesving to the UYantor the mn-exclusive right to acoess the 20 acre paroel '" : b � describec2 in Exhibit A-1 along an a2igta�nt 30' in width, generally : '� � following the align�rent of the existing road at the South end o£ tl�e subject � � ' � paroel. Easement to be located in a mutua11y acoeptable aligiarent. Any rr� '� i ��ents tn this roaLi sha11 be dore im m�formanrn with the Pitkin . ;:;.:i` • � County Road Standards and Specificati.ons ]982 (Section VII Roackaay Iandscape � � C�ideLuies) which are Y�erein incorporated into this agxe�anent by reference. t �� . t i./.� .u.._._� � 'J . ., ��r2.. . � ..,.r.CL•..��. ��.La:,2%. i.�.e._��a...��,�n.7• �� . . = A .:. ,u.c� , q .2.�� r, , �� , Yr* � Gi':.,,�" /u�OL 'C� li�cc�:s o.�T 7�� � /� • �r. �� � �.aHoknownx�xtreetandnumixe �.._}' }� �y �.:,r,'�� i, �� _;:�;+r,���..-, rrith a11 ib appuRemncn.and warrant(s) the CiLk W the lam4 aubjeet to - �.� � ; � ' I Grantor shall xeimve a� and all stnictu�s, mat,erials axxi debris �;, I `, � i fro¢a the subject paroel wi.thin 12 ironths of closing. ;� f � � - � :� '.� . Si;ned lhie diy of .19 ' � � �. • ..._.»._..._..__._.-... _r......,.------�- �.� -__._._..w._.__._._...._..__..__......_._._»...�.� � sa .. r : � — ..........................-.............._.«..............�................... � . S�'� ' STATE OF COIARADO. ` r � '� ' �3,, � J, ,w� � CwntY of , � TI�.�G�n•4oiny;inarument�ra�uknnwledKed Ixforc me thia . � .. -: � dap vt .l'J ,br ��� . . . �.'. � � t�;� �: xY;` * ' i � �g +%*'. �y ' �i��. �y,:•���.`.;ty �._.. -� � ?• � . . . . . � ..._. �__-.���. .. ..�_. ._._ . . F� r. ' ___'�' "a-.._.__._.,. �...,:..+-. ._ .._._, �f,#� ..,.._..--- _ >a.,,....�- _ .._... ..—,_ _._._.___ _'__._ _._ , .,��-�;� ,-. , � m ' }�i�i�•. . . Jf= ' .�z�� t .� . . . . � � ��t�' r� ` �� l n ��r,., . . . . � �� `u`�''ik,:...:.;. -���,' . Y...;::::�5"�..:',•',I . ��tw'-.�.;%:�� � ' `£'�`. •.:4``i� '.ipy�'":,;.,,'; • ;i.�:'��`� ' � � �'�;C'w'i:��:��' i • '';�;r':r,� :��x.:::�;<�,�� ���M'�'� ..�- ;:;� . �- f , �ti... , � . . <• _ �,d�n• 1 � " .- � � ..�� � • .a� w$�,S .i� �N�r* r x* t� � in1 �3, � � j'`.�ie�_ � '�i ..��;�� '�yC�T . ..�,�..`- ���.'..t....,x .'%"Lad�i.�r�cY�r�,�.�� I�.., }=� ?F,=,R u$L�il'tr k ��. ' •u:Fi�a' .. Pi.tkin to Mills '�. '.� . . , . - ` . . N�nWon So........,......_.._......................_....._......�.............___...._..._..___......P.eordu. - ?.� _Exhibit n _ — � ' � acaxa of county comnissiorn=s j,��� rrhose addiexs is � � > f ;�,;•-�� ��-t � - Ccunty of Pitkin ,State ot � � -��T; COlOIddO ,(cr the cuaaidecatba ot � � �„'j dollan,fn hand paid,henby sd!(s)and tonrey(a)Co . ,,.� ,;.°; t�ii.11s ani 7oddeh yY��:=��.,' rhoscleBaluddre:�vi� . � CountY of j7e�r ,nnd Shte of CAlOYddO the[ollow•inII���PropertY in the �� �,.-,i� . � ( County of .and State ot Colorado,W e•it: r=:I j ' s- ; (Izqa1 Description 9 acre paroel Exhibit A-2) � �r*� ; lbgether with any water rights a�„*+Pnan� to the pmperty. . � _ � . � . . :} `'-.''� I ' ��, , � l - v-,- ,� . •. a " .� . �. , <;� . s; .,-� . �r s. al.voknoxnaxstrntnndnumlKr � � � � . . jT�� n �t..�.:, ' : �' Z{.ti w•ith a!I its appurtenancp,and aarrant(a) the CiUe to the wme,aubjat W � •� -�, �, � � . . � . . � t� � t� . , . .. � s �c 4.� , ��'� Si�ned this day of .19 r_':� ».»__........_..._........___._._..__..........»........_...._.._._.. ���' � ......._............._.................._.._........___.....w._r... rt � .�;��.?� � STATE OF COIARADO, ' ��;:.;,� ; Countp o[ �� ,_ �y� The G�rr4oiu�;in.trument a•an neknoxiedaed Ixforc me thia � � day ot .19 ,b) • . c^;: �;,'..-- L:_ :,A,' ' . , ' t:; � � � , � : as � �, 1� -Y� �� i , r_ ; �$'v...' _ __.._..�..«.,.. .. ...,_ .,._ '��'�s .. �'- ` � - - . , +�r�'w'�+ , ,"., . .. �- _�..,,�«.., .. j �!7�l�!'+e'�r-""*.. ,:,._:.... .. �. '--. _�.,__....:t.,..:..y;-..,.:....---- � . z,.. ��--�----� . �. - � � , r r . ��Y '� � � . �i.3� ,1�1.�i�'.•.Lk, . . ' . wlKt4ltT}•,�� . ' s �`*�t • � � — ' .. ���'��'� • �...%�y.._'1 , . Fli1f_.1�^.�.; , Tµ�jf S;',,.�,<A �`'1 , i:'+�.,:�,s'�:,� � _ . y'�,{.�(',�^7 . ��E�4.�,r=� w��#� ,�;. � J aj qy.�`y�}� . . �'�',��;siW� •�� ',� ...'',}''+�. � ",� _, k 1e�:�KY�Y W;s r7 ai?d 1 i- '"` �� tr`��sXh.�� < • r �L � ��� ' ` .y� { ,+s�' 4 '�` ��n.�i�3�'�". �' -a� ��� '�%*�',�,�,�� r�ar ,r,� �'4 ��.�.'�' 7. 7 ii.'� �.,�. ~�.-, ���r;",i: ,r � ��'^1, r� , ��f'y�x.._'.a: .[L d �,�._.-�� �` �t� t y,z "l-'rt,_,.dj �'�t'..,i<s,.e"::L.ti'1`r"'sx �,;:i . �� 1 }�T ;. � - � ExHi�iT� ;s ORDIt� riU. OP.-17 Series of 1984 ' ; AN URDIt� PIQn7IGZNG FC?R T[� DISPOSI'PrOL1 UF CEKTtSD1 REAL Pi�1PERTY OG1L�D IIY PITf:IN COtR1PY BY Ti� F.Y(�iADiCE OF A�ED6 �, OF EQUAI,VRLUE BEIWEE�Ii 'I1i� COUNTY AND A PRIVAT� PROPI•R'!Y (X�Iv..'"'R; rlIDJ PPL"VtDING FUR7IiER ZHAT THE DOCUP'ENtS P.PID E:GiIBIT5 ; rrJ Q�NIW'CYZGi•t�II1H 1IiIS EXQiANC£ HE Ng1PE AVAILABL•E F+OR `. 4'"',+,;•ri , PU3LIC I2ISPECTION DURING RE(�1IAFt SUSIf�SS HOURS AT TFIE ±`>:�"{� � C_°cZCE OF TE� PITKZL3 COUNiY CS�RIC ADID RECORD�t � � :,!V; :;� i�RP.F:;, the Board of County Conmi.ssioners is the aark.r of record o£ r;,; 9.0�/- acres of real property known as the Pitkin Pa�el and specifically �_� �� desc-ibed on the attarl�ed E�diibit A-2; and ' +'�: �'�� t�-�c:.°', the Board of County Canni.ssioners has entered �ab an ;'� �,� aqLee�nt with Mills and RQdden (E�ibit B) £or the exchange of 40.0 acres of ; '?-� ' zeal �moerEj• in khe vicinity of the Bn�h Creek Road Ini�ersection described �i '� ��R _ :� in Exi�ibit A-1 for ihe 9-acre Pitkin Paroel described in Exhibit r1 2; and `�s Wf�REAS, the Board of Coimty Ca¢�missior,ers may resell a portion .; ?f of the Sti.11s ari Roddan property to the Transit Authority to aid in futtse ;; .»,� . a . :;� �; �.:� transportation i�mven�nts; and �� �C1 'i' . . "..� F�PEAS, th.e pxviceeds fram this sale;azll be used to ao�uire additional .;f,� Y;i ' - `;u open space; and � � . R - f-�\ � ` �� �`� S�d�REAS, mnsideration was given to t2�e unique charactes of the indi- =� �'�'-' r,.. . � `s. � vidual tracts of land and a sole souiroe selection and pz�ocurezc•ent procedure �: k� `� was utilized: atxl 3;. �' I�a � i9f�REAS, Section 8.7 of the Pitkin County HoRe Rule Charter pmvides !'r 4' �; for the dispesal of puhlic property. " NJG7'Pf�F�FURE, BE IT ORI]AZI�D BY Z� HO.�RD OF COUNIY COrPff55ZOA�RS #: �� OF PI�tItv COUl72Y, NLORADO that the exchange and sale of properties described � abo�, and in E�fiibits A-1 and A-2, is in the best interest of the County- � qtte.-efore,•said exc2iange and sale is hemby appmved subject to the ter+RS and � oonditions oontai�d in the wntract Agteesnents set £orth in Fadiibit C. ''�.:- � �r�'. ;T.. . ----___ _—.r..�_. _._�._ _ .�. ..___._.. __..._.__ _,:.,..., ;..�,___ ��y. - . .. . .' . � �F� �� ."ir���',�`.'`'�. . . � t•w:,"! %��� I r�i� . 7........ ...�a . �Y.'�Y�':,. . . j ;1 ! . �v3:'+';'� � r�,:.':�i_: -,,� � ,�" :"s;� . . k il .:'iii�l'-;=.�t{ \�i�/:'':�5.:1 �.:..'r��i4.v� ^:�r.:�.�j ,t;;;;:��.� �7 N+5^��?� r t:.,.. F::> . ., � � ';� 4 i: ' .��;•. '��' $ !.. , �,yp �.�..,.�C t( K . � . _ .�,y„ ; .�E� "M,`'�4`t4�'� r ��F3�F �4�i ,�-y,r'�,.�s,�i4�����,��,f �� Z�` ��� !�. �'� ..:�. .'�S kYY. �' �, ,�� ���� 1 . � I � g,���p. �p,� -J4 r.rt��' , '��aad+:.?s:n���, �n ..kSX�tAiv9.�rUiatt �._ft�..���y�+y`�".., . . :'0 tci+Y:'��- ''t'i--�11'�a,�c`+�.�. . .;?,� }� B� :T Ff7R��R ORL�TI�D that the Contract Agrc�ements providing for this sale ar�d �atiange, as set forth in Exhibits A au� 8, are hexehy approved � anu adopted. ;� � � � BE IT FUR�.R ORI]AII�D that copies of E�ibits A and B be made available ��' �.i.+.,.'�� � ;=:-� for puhlic insFection dising regular busi�ss hours at the offi� of the Pi.tkin -.:..,; C.�unty Clerk & Fecorder, Pitkin Cowity Courthouse, from the date of fisst `4`i -_ �. _ reading of this Ordinance unta.l its effective date, thirty (30) days after ',y'�:,. £iral inspection. '%tt'?:":;A IN�DI�D, FIRST RF.AD, ADID SET FOR PUHLIC HEARING ON'lTiE lOTH � L • �`;:� t]AY OF SE�'i�T�1BER , 1984. � .1 f; ::� APPKJV',:D UPON SECOND READING A*ID PL]BLIC HEARING�i Tf� 24Tfi AAY OF ��,�'."`S G��am'FR 1984. :. -�:� , ' 1 " �'• � FIDg1i. PUBLICATION ON 7.5� 4TH I]Ay pF aCR�R , 1984. %-'-� . _ T.��� ; ATiEST: HOI�.RD OF COUNPY C:CIFY�IISSIOI� i c �j PI'IIQN ODUNTY� G�OLORADO � �:� � ! , tr J;� I�ew Scan].an �Nli 1 Kinsley� Q�ai.ilnan � ( �t1� :� • Aputy Cleric and Recorc7er � i ' �,. - ��;`�� ----.- - -, . .__ _ - - - - . _ _ -• . I � r����� � � � . __..... � �r,,� e�. �,.As F-s•����/ . x � .d i �;�� =�._- - - - -. .._ - . - _ _ _ .. � . .�,� _-. . __ -—._ .._ �- _. --_ - -- - __ =--- -- - :... �---- .. .:� _ -- - ,�,:� . � --- - -- -- --_-- .- - - - - = - . _- ----_ . . . 4�:�� ._. . . .. - _ ' ' ' . . ..._ . Y:=.� _ __._� "._ . ._. -. _ --- -- ----: _-.-- . _ :.-- : � - -. ' �� w-_..-• - '-.:_.._ _ -_... ---�---_ ..-�_'. '_ . ' _ . - _-. _ . i�' . �'� � � Z�� �. L'� , . . r. �h _ _ ___---_,. . ___._.._._....,,:,w�.....w_._- ' t�y� ._.�.., �>�..N.__._...._.__ ,:.�..----- . _�. _ • ��� .'_?•:'s�:•�F� . . . `. . .F�;:yr.1iU` . . �� � ! „, Y � f ..{ , , . .. �?Y �` � �;,�.�t..�. ;':.I � . �.r F i,V, �.� �:�� . . ' . �'Y1 n `,?I�� . . ��"'�:°� . . ��;��:�=� .:��,�;,��� ! �;. �y���.� . #�-�,::r ,�_ :. � ' ' ;�� ;�:�;. � • - _ . :°� .,;i.e....'s.Y'�."5.+��r::dii� r�e£3,�:���.'1�:..... �'.s_ ....,:f�...�.+�.ra..,�.�.n'x}`�:7,'i�G�:X��9iF .��i`��.�C;`-v4�F . .,.w.�'..i�r��. The Aspea Times Box E � :;� Aspen, Colorado ,y� �; PROOF OF PUBLICATION ,r^?.,�. . � STATE OF COLORADO ) COP�/ of Notice '�,Y.,��;� ) as. ' County of Pitkfn ) � � � ; � ORDINANCB NO OA-17� � �. AN OROQ7ANC6 P�ROVIOIS�IC.POR THE DIS-" �� j Mar.y Eehhau� Hayes d0 SoICRItIIy Sw¢dc [haC �� POSi7'[ON OP CERTAIN REAL PROP6RTY- r; � owNeo eY errKw courir�r ev�rxe ex- � Aseociate Editor ��t°si�ur°i°��v��rvs�rno� e '.�; I am the of THE ASPEN TIMES; gp7�y pWpgp;ANp pROV1UiNG FUR'Rt¢R� ,���� that the same is a weekly newspaper printed, in whole or in part, '�'�T'��'v~�µD��� - coNnscnotr wrrx rtns excx,vrce ee y '.'.y�, and publiahed in the County of Pitkin,State of Colorado, and hae MADBAVAMBLEPORPUBUCINSPHCP�ON� DURRiC 66GUWR BU9INF84 HOUR4 AT r '� a general eirculation lherein; lhal satd newspaper haa been pub TI�OFP�eeov'rt�nnciNCOUti7'YCLewc '!�t� lished continuously and uninterruptedly in said County of Pitkin, yy�A�p,�s�,�eew,fcoun� Caem�.w�-� -� for a period of more than fi[tytx�o consecuti�•e w•eeks next prior V��w���^^�d9Atrr-.e�.er� •.. `� Xkrowou�FePi�kinPaeel.od.su6u1- _���� to the first publication ot lhe annexed legal notice or adver[isn �� � �++��e`h'bd�q''°d. . �• . W}�RRBAS.Ne Bard d Guny Camd�i°> _ ment;tfiat said newspaper has been addmitted lo the United SWtes ti..mm.a+om .p��twb'�-. � . . mails as sewnd-class matter under the provisions ot the Act of '���d�p��"bi�110"°`°�'oR°��0'�101°� � . r:�� Ilotl in�ianitkn d�svihed u 6�i'bk&A i kr�iAek. __ r � - March 3, 1878, or any amendments [hereof, and that sa3d news• ������y�m�,;yu�•x,,,d �� �� paper is a weekly newapaper duly qualified for pubitshing legal �wxsxEes.�e+dxc.wt��-=�-- �eaNl• dthe Yi1b!nd Pedded ��� i; notices and adverlisements with the meaning of the laws af the r��7�w'e�.uw;ra.�a�tweR_; State of Colorado. � �`°"O`"�"� - � W�wq s.ihe�.r�ui...k.�ue� �NI�IISAS.�im'�dentw�tid�b�iFevei-�. Th9t the annexed ]egal nolice or advertisemenl K•as published ���0�'��"�^�"'��"°'O��'"�"d' de seme riectioe.nd v�°�w°n'd°!• in the regular and entire issue of every�number ot said weekly �uwa:.�d iv�xen,x 5.n�e.i ar���d � � ' xam.a�4�nw wo.�de _ r� newspaper fot the period ot � consecu[ive inserlions: and �r�io�ie�ePOrt�e Ne,e�t7'�o�o��_ �� that lhe tirst publication af said nolice was ia the issue of said p�p�W��y,�p�,opeuow.iuscr-� � ' ` October 4 $4 ���wa'°aa.��� ' i ',_k�f newspaper dated A.D., 19� and that �y��„� ��y.�,m,.,�ema�. r •;�i the last publ[cation of said notice �vas in lhe issue of said news- ��+���°0°�"�'�"O°"i° - � ' .„� rmw m ewnK c. :� ! eerrtvxrneao��tlk���eh.��� � - paper dated A.D., 19_ �ia°e°�°e�btu A..e&.R��r y � '�; '°$s r�dr v�u�nid�rt`a'onueu+���� :9 �.� B�hiEib A d B hv mde�.�i4bk fe poElie r ':`A i�t�s �uu�u���pWiera'Iwn a t6e. G�� a�i¢df4e Pi�Yie Guory Ckh t Rem�der.Pi4 � .�:.� � /� ��qOrdi��p�tilN�a4stiRdYe.� /!!/1/ItA. � � � n � i°�_i�a�n.nerrw��yer.1+..� ' � IN��DUCED flYSI'N6M.AND�1'POR PUBWC H6ARIHG ON THC IOTN DAY OP �. ��'� Suhscrl6ed and sworn to be[ore me,.a notary pu6lic in and tor P�Q�AI.BP BUG110NON'17IE�7'NDAYOF 4� ocroee�wa�. eoeno or couxr+r corr�voNSes 1` �'•"�`� � : PITKINCOIiNt'1'.COIARADO ; �1 lhe Qounty o[Pitkin,SWte of Colarado,this ,day of ATT� BY.Yi�dK�reb•���`e- `�t`� fTl;-�'"L�4i� A.D.,19�:�� ��a��� � �� . r �s�.a+a,.i.tee+_ +4i `i f c� /i.r�[.�_(,� � i/ ✓ %���./.� �`' � :;�-,-��j, Notary•Public �� � . F ,� .� // ��•���a �-'�` Siy comm[ssion expires - �� �LL" �",. �k*�I�� y'� �`? - '?S���;,� _ __.. _____..�.__...- --.. d �;':S.:kzs:.ua.,.a.�...,..«._........�. ._..,,.,... , .. ....,.... �....�..__ ..__ . . � ,.F�� x V���' � . � � � .. • P?if:i�:L � � , . ::`a.:,. . - . -0�� L � - . 3��T,j:��' . , . . - . � r ��3 3^ F1(��G�'P r".. 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