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HomeMy WebLinkAboutbocc.con.026.1985 _ �..r.�. - � . � -�,�. '.s.x ry;r.M,�,i f�_� N -s.. r � .:, �'gi y �7, �`'�_: . y ��'y �� � � � - ;y: ' a, �< � y. :C-Y A'k '�,1�1 �� • � .. �..jf se,_ > . � �3M,�. � �'4 i F"�� �i;f'r�. 'w ;�� 4� . . � �� �' � . ' .: s.. .,.. �,�.,. ' ..bc<�:c r .. +KY-._.e1. ':R.�-�1�L°-. . .,.. ,..��,�y�r�- b � 1 � 493 ��11a o =m ' � �� . _�� . � N.UTUAL P.�L�A5� OP CLAINS N :-:� � �. ".- CA 26(85) ' z �rn V co m� O 6y and betweer. Piekin County, Colorado,�a Colocado ItOfit!-ru2e Countp f"Cour.Cy") ar.d Haltec A. t!ills of Aspen an8 Peul B. Rodden, Esa.. oE Denver. Colorada (coilectively "Miiis•), as oE ehe date leat below signpd. _ NHEREAS. County and Milla entered into an Exchanqe � - Agceement calltng for tihe exchange of parcels of reai propecty, a ::'. copy of which agree�aent is aetarhed heceto as Exh�bit �AF" and HHEREA�, seid Ilgreesenc was approved by the County Dy � Ordinance No. QR-17, 5¢riec of 148�i aed ; tt11ERBAS, County ond C.illa agree that the basis oE th� } bacgain !n ihe Exchange Ag�aemont Wos the trad� of a �0-plus-acce � � parcel Eor a 9-plua-aec• paccol r+ith equal valuea, but ehat poat- + agreement rescarch has ravealed ehat Kill� cannot legally convay : � � a 40-plus-acre pacee2 but can �egally conv�y only s 31-acr�-�a� � � parcel vith a value that �ay be 2ess than the 9-plus-acce patcelJ 4��"`� � NOhr, THEREFORE. ir. cecog�il:on lhat tfie baaie ot tha :` � ba�gain oE the �ete�enced ExchAnge Agreemcnt 1s ia�Foaslblo And the partiea are inca�able of perfo�miag thereundec and in consi- ' deration of tho mutual covenants contained hacein, the partitrs undecsigned, tor thamsalves and for theis beirs, devisaes, [epre- sentatives (incl�diog without limltation, personal representa- ,�: � tives, guardia�s, conservators, receivers and trusteesf. suaces- sars and assigns, do he[eby releaae, accuit a�d Forevet discbArge ;j 1 . # -'3,e _�i�'#. � . . �G�:-.. . .��• � . '�1.`yJ� . e.. . . . . . . .. .. . .. . � :�a�`�'!�•� � - _ . �.�'..'. . ' . r�. �y, _ ' . . ` . 1 +.F. 1 - s �?� � ���' . .s.`s7�i:+;= . t-'y . " ;� . .,4,, ` - "7 it,+t��l-'•� , _ _ ��. _ , ;t� :'�=�� _�.- " �-4^�,�+���, w:� , . ;.:�.. �" '=,���=�° �°�v���-°-��� . .�-r�..� f w:.3iar...5� , ��AiC � �.y�� '�r'• ' �+ 493 PA�E11.6 = each othec attd each oCher's agents, officers, officials, employees and representatives. fram all clains, acCfvns, causes of action, demands, rights, damagps, costs (including co�ts of d�fense�, feps, loss of secvice, expenses and ail compensatfon Whatsoevec which the undecsigned now havE or Which may hereafter acccuE on aCCOUnt of or in any way gcowing nut of ail kr.awn and unknown, foreseen and unforeseen badily injury, �rsonal injuty and pcoper- ey damagea, inciuding 8lcect and consecluen�ial damages and ex- ' e�placy damages. arising f rom or in connectton wirh the reEerence�i Orcllnance and Bxchange Aqreenent. t it ia understood and aqreed that the un8ersign¢d cely wholly upon �hcic knowledge, informeri �u�gmenC an3 belieE nf ih@ natuce, extent, eEfect, and ducation oE any loss or damngea � suataincd ar Esoseible and ltabtliey Eoc sach damages. and alao � r�ly upon the advice oE undersigne6a' logai oc othec proE@oalonal k �dvisocs in this watter, ann Eurthcr, that this celoasa ia mede � without relianae upon any statcmone or rerproaentatlon oE tho � paclies heceby released oc lhetr repcoserteativea oc upon aoy � � matter not contained in tbis celeaae. � The uciaecaigned fucther derla�a and �eprosen! that no promise, inducamenE oc ag�eement �oe herei� expceased hAe bean , made to the undercigned. And that this relea�e contains the ,��� aetire agceament betwaen the pactiea to thie release, and ehat � i the terma oF the �elease are contcactunl and a�e not a moce � cecital. ` Dated: � �UAY. 1985 , 19$5, at Aspcn, 2 - f . �.,,.._ i4 4 � • + "��_['- . . . .i _° .�i�x_..�.�Y:.: A+ti-..t... ' ' . 1 � � � • � t y ' ' �� � � • {�'(j�� �51 , . .-S_�r_n . ��}W�63��, . � . ��,ay"ss. . :r. "k; - �.... st. z1 ..w�� e . l��• .s ;:�,?:.�'a, �:z:�'.'i„ � ��a • - . .�. + � 3�' 'rr ' f - «- '����t F'�. ��+�,,`��sy�� r ' � �- �5i(i�TiRMM �� �� � _�.,,! e ' �:-�=�;=� eooir 493 ras�1�7 t'�llciti;�ggty, orado. , •-;�,f`j ' . � �q���s � _�f BOARD OP COUN�Y COHl�iYSSIONERS OF PZTKItt.COUt1TY, COLORADO �: ,� '�- . • �r � t.. ' ' . ..._ By: � {f�� �'' Tom Blake, Chairman � Dap{fL�j+�'C eck`� Rerorder ' 11PPROVED._A$ T� fORHs p � � .` � � � Cacy acy ;: ; Aasist nt ounty Attocee} k � x / � �� .�.i/L�.. wait 8. Milis � � ���+-,-1/.f "--�!..�'e�..�- . P+ul 8. Rodd�n, 8aq. i � ST11TB OP CObORA00) � � fs. - S; COUNTY OF PIT1tIN ) �� T e tocegoing was acknovledged belor• ae this �'Sa � '_, � day ot ..rL , 1985, by waltec �. Flilla and Paul , � S. Rodden, Esg, � w'ilneaa my band a�d otticial �a2. i 4� � ,_,� o P llc ; y . ����� A t � N�W � •.,'yy�irLf�IfL��.:.�c- �^ 'l'U s oyVY �E,��,4 Add[ess 3 �. .c- � � `�pTA/�r'; �+y ��►isaion expires: � . _�,� p�p�C:'°rj 3 '�'F�os.`a`a�T. � ..�....,.N�•"��� ; s, u,a:.'�'' � c .:� -. . i �'".+�f .'.'_. ..!.....__... ............ . .�.. . . ..... ... ..... . ... . .. ... ..... ". . ._ .. V `+�.�gr �;ri , . ,�y�:�°ir=i:: :°'W':�;3.., � ' . . r"�?;�.. , - . ' �. ,M�,� - �ti t�_� '= - � ' . "".,rir- . � � � . . _ ,�t�.. � ' .� �� .r�.. _ ;,�� . - ' �t- , -.-;_`.,r=: ..,-,";� ,'�+,3s�`., -'-`"�•��.,._s.� iy��' . �4:. f ��'`��1 ? �, '�'� '"q . .�,,.' '����������� �__ �, �. 1� , . • . . . XHIBIT .�-- � � . . E ' � EXCEtAl1,E P,r.R- -M�,iT . � � - � 493 �1i8 TgYS AGRBEEtENT ts made and enteced 3nto as of _, , 1984, between the followinq parties;� NALTER B. taiLLS And PAtTL 8. RODDEN of Denver, Colorado, heceinafter cailed "MZLLS', and T9E BOARD OP CaUNTY CaFiKISSIONE[tS E'aR THE OOUliTY OP PITKIN, heCelrtaEceC Ca12ed "Pitkie". � ' RECITALS; " • j 1►. ltILLS and PITKIN� respectively, ace the owners • � of cettain . paccels o� ceal property located in Pitkin County, Colorado, vhich paresls are aore particulariy described hecein. MILLS end PITltIN have agreed to exchange their seapactive parcels � in acaordaeee with the provisions hereol. 8. lQ6LS and BITRItI intend that !he subject exchanga lransaction�qual!liea Eoc eceatm4at aa a tax-dalerrsd exchange o! like kind properrios in accocda�ce aith the provision: of ; Section 1031 ot the Zntornal Revenue Code. �, - � ' � • •— IN CONSiDERATIOtt o! the above cncitala, tha oatual . I ' coveea�ts conlainod herein and otb�r good aod val,uable considern- , tion, the reeoipt ancl autficiency o! which ace hereby a►utually , aekeoaladged, MILLS and PITRIN agree as lollo�+s: � i .-.� . �RTI�L.� I. DEFIN7TIANS • SECTIOtf 1.1. [��fJ;i--t?�n�. As used he�sin, the follov- ing tenas shall have the lollowing sespective moanings. - ' . 2 � , ��. _ '_'__'.;"'_.._'_" ^.,...,."_--�,-�-�- •- - � < � . ��:r:=.:r:. . ' , r.,�., -a�. . �;,::>:;-.._' - � � . ;,�:;,�,-� �-�. ' ?�„'',�"��..'-'�`�:_: �;�: a� ='.;:: .�:�' :.S':_�;:.: , � �.!" �:t�µ. . . � 'kF �y l� -i x`�'- ��k�aY� z '�Ti. d .3 {�. :it �� - 1s �� �� T. _ �'r.i'�-:A4 T � w��Jf�µ � �wi.L;'ii.�3....�.�. r� � .7 z�.�i� �.. i. -�1���'�M�' _ -- ��T .... .'L-raS. .. � � :�� . . .. � � . � 493 ��119 (s) •liiLLS pascel": That certain parcel of real � • property described on Fxhibit A-1'attached hereto: .�', S (b) 'PITKIN Parcel': Thst c�rtain parcel of real ..«,......t--�..�------- Pcoperty described on 6xh:bit A-2 attached hereto. _ _ . (c) "Closiag": The closinq of the subject •exchange - lrmnsaction pravided for in SEGTiON 3.6 h�=eof. . .. __..�+�-- � • . - a$,TIC•- T2. REPR.SENTAT20ttt ND Wl�RRANTtES S6CTION 2.1. I�TL.r.t_Repre?enta�i_ona and Harr ntieg. . ° NILLS tepcesenta and wacrants to PITRIN as follarss ' (a) ��g. MILLS has, ane at the tiae of the Closing • - ' will have, good and marketable !ee aimple titl� - in snd to the FIILLS Paresl, tree and cl�ae o! ' � any and all liens, encumbtancQS, and other msttscs afEcating tiLt@ to the HZLtS Parcel.' � • (b) QualtEiea nrooercv. Th� MILLS Paccel constitut�s � � �� pcoperty snbj�ct ro 8action 1031 ot th� Irtt�cnal ° . R�v.nus Code. . ; 88Q'IOp 2.2. P27'1c2N'a Re�ea�+nkatiens �nd Warr,,Ontiea. • i . � PIT[IN reprasenta and warranta to MILLS as tollows: i• (a) �Q. PITKIN has, a�d at �o timc of tha Closing ! will bave good and marketable fee oimpla tiCle � j . . ..........�....�.,�..,...�....... ia and to the 81xKIN•Faccel, lree and cleet ot � � any and all liens, encumbcancea, and other matters ; affecttng its title to the PITKIN Paccel. - (b) Qualified Pronertv. The PITKIN Pa[Cel COnst3tutBs i property subjec! to Section 1031 ot the Znteroal x ' . J' & 2 � '. � - - � .. . :..;��+r*�� - . - �' .,.� � � � �.;: _�,_ `��,.x� . . � tS, w�: _. . ' . . � • L�� � , �4���� �- � ' �i'���:,.,_•. � , =�,:��; Xz1' :��� �;-•?�st- . .!{`,y�'-. � s.{ ;:�,�-�'•;-��a,'-'r 1'�., �,.'--`:� - ',;: .��: ''�:e�r'`'�. . `s �'} �� �. �� ! `�-y'�� �y �[ �~ . �:X�'t{"�{t �".i�i��Pf'* ;E a.tiC �1� � — � .. �' "+a.::i-.' ir�n ..a.ii��.;..��.� ...e. '''� L—r i� -�� T. . ;r .�i..���•!r"♦ �_ " � •- . � 493�PA�120 ' Revtnue Code. . . � t � s • ' 11RTiCLE YII_ A.RF_Ftaeti7� �[rf FXC1iAi�TGE . T . SECTION 3.1. l,qceement te F.xiehana�. Subject to the - t�tms and eonditions rnntained herein, 11ILLS and PI7'XtN aqree - � to exchange Pareel A of the MILLS parcei for the piTK2N Parcei � pntsuant to Sectton 1031 of the internal Revenue Code. , SBCTIOtJ 3.2. Conveyanee ef Mtf.[.s oar al, Ab t6! ' Clesing, HiLLS shaii co�vey the MiLLS Parcei to PITK2H by exa- . �qting, acknoWledging and deliverirtq,`to PI KI genaral warraney i �41i��1� S�M.�hI �`t�t.���f� . , dttd in the locmGattached heceto as 8xhfbit C and by satisfyinq aii o! the c�quicements o! the 14Z6tS Titie Commitment provi8ad - - � !ot belov. . BBCTIOIV 3.3. �oa�ance ef piTRiN PAr�s1� At �� i Closinq, 82TRIN shail convay Chs PIT1fIN 8srcol to lIILLS tfy , �sacutinq, aaknowledgi qg and delivery t� l�ILLS gonocal war- iwe u,..�y f�...1�.�-� .l_��� ranty d�ed in th� locm'Cattached hacsto.as Bxhibit D and by satis- ' lyinq all o� tha requirements ot tha PITICtN Titla Coaaitaa�nt - F , provided Eor balow. ,.___�.__ _,_ . ., _...__. _. . ., , { ' • 86CTIOti 3.�. Di ference in Valuee • � . Tha respectiv� ; r�+lws ct !be NILL8 paccel aad eba PITKIN Pasc�l are ayraad y�p�b� �yual. , . , , _ ,' . '`� 8$CTIOtJ 3.5. �justaenes. Tho t011owing itCms shall ; be allocale8 betwoet� tbe garties hereeo: • •-• • (a) Taxes. Ccneral ceal propecty taxes and asstsstaents pertaining to the :tILLS Poreal ar.d the PIT:::'t • . Paccel (it aoy) xhich ase atesibutable to the ''_ ; ' . �' ' ' 3 • � .. ° •��.- � � - . � � � � � >: - �;� . :�s� - ' � -- ��� �_ • - �s��•-.,�-� . . :r+�-�` ' •,�a,� r_�. '��t-- wM.'=` .:.�c' :.�- t_t _.,t �. !�-"'� }: <.'-�.i• . �'i. '�:: _ _ -r_.��",.. .+3-{ .,ts."����lMbd.` ry„�t��. _Nr�^`- �..� � ��'�3."0'-'�` •�� ���r i� �� .,;�ty >"C_:� • s� !+K:�." " s' �✓ �s, _ • ' �. . .' . - .� . .. - . � 493 P,�121• aalendac year in which the Closinq occucs and ' • . vhich are payable in the following c�lendac yeak eball be estimated based upqn the wast recenC applicabie assessment and levy and shali be pto- � rated to the daie of the Closing and the •prorated � l aaounts shall be aliocated to and be tl�e obligation ot' the party having titie to thp aubject parcel !ot tde ptoraeion period in gu�ation and shall " • . ' be linal. t , ti (b) �til itieR. Rents and tns�rance Pre�ni�+!�a. Th�e� - # shall be no adjustment between the parties herewith • ` wilh cesp@et to utilieies, rants, insurance premi- � aes or ot�et itcros paid os payabl@ salative to � . � � , . tt�� ItILGS Patc@1 cc thc PI�i�IN PatCel. . �- , • 88CTIOq 3.6. ���. Tha Ciosing shall b� heid oa os belora at �_. .M. at tb� o!lices o! ' i . � ` ,�1lspen, Pitkin County, Golorado. A! tha - � c2osiaq: '. ; . . ... -. . � , (a) 8ITlCIN aball executo and deliver to HILLS a good � aad sullicieek goaeral varcanty daed coeveying . . t . , . , !Ae PITKIN pareel lcae and cleac oi all taxes � •. , , .. _, _ _- ! �xcept the general taxas ior 1984 payable ��nuacy , , .2, 1985, and �rea and c2ear o�' a22 liena aed - ertcumbra�ces ezcept easements, right�-of-waY and restcictio�s of cecord. f • ` ' . f ' � �_ ; .�� _''+��"' ' . . • .. � " � - :..� . • • " � ':��ti':!' .. '`�c� `'� . � � . �� � W • b..y�wi':�"�. � . � �_; . . ���r. �_�� ��T'�'r�3'. . . �:G... *��. ;M1. . . ��_ . . ��L '' ld s�(.o .. � Jte �3.��'�'� ��ii��p R�' ��� ; ��-f t ''�a,.. - f e r � � � .� � ��:r��� � t� ir.�s� s� :�t � � y�� .1-r rts� '{-' ,�y �+�e� ' *� ,. :=-wc.+�..... ..a^ '".i��"ri_s� �:.cs -.rr� ; �.+°�..���rst .. _ +. i . .. . � 493.PA�122 � (b� N2LLS shall execute and deliver to PI�KIN a qo0c� . snd suffieient general wacranty deed covering the !lSLLS Parcel free and clear of all taxes • ezcep� the genecal taxes o� 1984 payabie January � l, 1985, and fcee and cleac of all liens and encnmbrancea except sasements, rights-of-way '�,� and restrictions of record: '�:r''`�''�'`"�'`" �o„�`.,`�/,�� ° �i Iv flOITiOttllt COVEttAhTS C�AtI'fYNGfl1CIEc A�tD CO��DITiOtia. "t►�f�/[, ; SBCTION �.1. �r.r.c noc�menea_. On oc beEore _ . � . , 198�, MILLS at their sole expenss, shall �utnish tp PITRIN !h� Eoilo+►ing itmas: ' � (a) sv�ae�ce of 1�!iL•L-S Ti�e.. ' _ _ �i) Nii.L•Q Tte�e co�snicr�g�. A Ooamitmtnt lraa ; . a Title InaucancQ Compsny irtsucing PiTKIN's , title to th• MiLLB Parc�l in th� amount —"—"b! Tbte� 8undr�d Thousand Dol�ara"'(5300,000.- � ' • 00) whicti sl�all ba'l�ucoished"Eo"'piTKIN:"— y '—`� �(il�'�NI[,GS Carlifieate eE Tar.ea oue. A CQtbiEiCate - ; ... , � o! Taxea Due isaued by the County Tceaeuser ; , • o! Pitkin County, Colo�ado, certitying that . _ � tAe�a ace no ungaid taxes or unreaeo�ea • tax sales pertadniag to tbe MILLS Pascel, , .. . � � � except taxes vhicb are to be paid at Glosinq. � SECTIOt1 4.2. pTTI�T�� �+Qst•-��`4. On ot betore ,._. � , 1980, PITI:IK at lt� s�le expense shall� f�cnish ' to lIxL6S the tollor+ing items: � j , . s • ; ; , - _: �a . . • • . _'...-7. � . '^:s;= � � � ' . . ��,�� ' . fi� - - �� R�_` r_ '.t'-�cS�n_". � . . �l t ;: . � � � �� ,' '�p':'.-ri ����n ' �� �rva�� :.s;�i'...r�;;,Yr. � -. ' .�.�_ y�� °-ar� � ",� � �,��,S,=a° � -,�sa�� , � � .;.� �y '�� �' , ,-;?: - �.� r k � <'� ±� � ���� � � �z.�,�;'�3x�:a �k}: s:. �� �L- � _,�. `` ` ._,.. j= � ± . �.r�^�' . � ..r.u��M.,i::�.� . � � . _ _..-� i.�'� • �— _ _ . � r - � '� - � � 493.PA�123 ta) Svidence of P1[Ttcirt����r►_±oritv. M ordinance - o� PTCKilJ irt the form attached heceto as' Exhibiti , • 8. . � �b) eyidence oF Comnt ianc rr th the Pitkin Co�ny , . , ta±+a ns oa Reg+t a� ti on�, 1► Cesolutiotl 8! PYTitIN ; approvinq en exempeion for the definition of - snbdivision to aliow" the Separation o! Pare�l � A and Percel B as ahown on Exhibit A-1, thQ M2LLS _ ' propecty.� . . , _ (C) �vidence oF PiTKilt�s Titt e, . ��) P2TKiN�s Title Conmitment. A Comaitment lroA a Titla insucance Company insuring � NILLS' titio to th@ PITKIN Parcel in th�' � aoount •ot ThcQe ttun�red Thousand Dollacs � �i300,000.00) which shail be �ucnished to MILGS. � (ii) P2'j'IfiN�s Certiticate eL� '�'axes Due. A Ceiti- fieate o! Tax@s Due issua8 by tbe Counly � , Treasurer o! Pitkin County, Colorado, certi- � , ; � , fying that thoce are no uepaid taxes or t t . anredeemod tax aales pertai�ing to the PITRIN ' =_ � 8arael, except ae described iq the PITXIU j Sxceptions, ; SECTION �.3. Merchantability of Title and Centiney�„p_ _ ��. T!►e parties he�eto Further agree as tollows: . (a) Titi�, Title shall bc merchantable in HILLS , k , j � . 6 . F { ! . ' :� � • • • �.:...� ..:...... . ... �, .:_. -.�_.�'. . .... ' =�r t S� - - • 1 � �T-�`� � ti'C'•,C _ . � a ��x� ' ;��;= :c+r:. F�}�?_ .:`T�fr;.. - . :✓. �S f.'.. i�a.- - _ . .� �"'"' - ��s_ _ i>2 E �,y +„'� k k.�' -'�:5� � ... r f:.f,+`'1� , �� .5 j�..,', X� �.. `+i�T r. *��s� +i3 � ��'wr.. ��4...,�..� � -,� � .4' � �li. y,_. -�2� � �S.'"�'2.��� � . i.. ,.y �'2. 4 ��,�i�.. — rF 4 4 • 'r •�.. ..� ... r . �_'_ "��� ��.�.� � / r ' . "� 493-��24 as !o the MILLS Pa[ctl and in PYTKIN as to the . t p1TRiN Parce2. ' � �b) Z;F�p D fecC�. 2e the event that the t#tle of �either party heceto to its respective pcoper.ty ' is ressonabiy detecmined by the pacty acquiring �. - . . meb property not to conform to the repr�sentations ; . ' arid vascaneles conCained herefn reiative thereto, . � ' lrom examinatiion o! the evidence oE snch tiblt provi@ed �or herain, or oLhas�+ise, the acquiring � pacty, grioc to the Ctosing, may give notfce bo the dsEaulting party d�scrtbinq each litla fe � dafeat assertad•by �the acquicing party. Tha � d�Eaniting party shall, prior to tha Ciasinq, at its or thsic soi�a axpen�e, oure eaeh auch kitla delact ana fusnish to th@ acquicing perty f svidance ceaaonably sak3alactory tio the acquiring t party showing that such titia det�ct has bean i , • ' eliminated and that the delaulti�g party'a title � • ,to the aubject propesty conlocm� !o its ragresen— . - tations and wAtrantiea aoatained hecvin relative f • thereto. Failure oE the detnulting parly to ' , lur�ish auch evidanca to tha acquiriag part�r � w3tbin said tiwe shall constitate an Event oi i�: Defaalt (as deti»ed below) beteur�der. - � �,�' • , (c) �an��,patian. In the ever►r tbat, ptior to t6e i� ,' . , C�osing, tAe pcoperty oi eithe[ ot tbe pactles . �' � ' � - • . ,-A � ' � � �-�v�,--., ��'�=`�- � ��x'� , - • ?;� 1"�r: t�t-''z:s , 't7-,ea..� :Y�' ��.� �_ ..f-t'}.; y�s.�.( �,, ���: . �.•�- � +�ii ' i:� � . r�'�'-�'' ��� 3, _ ,,,. ��yi,� .,3��t%�.,- t a�t3�k s,-�-� 1 �_�' �i •_ ,. -.,.<3 t__;-i.. r'r I .��` �. ! � � . rro..��� �t� ._ ...,x�..av. , � f. ` F - �- . •. . ' Bl1�t( 4�7�•fAGE��S � L . beceto, or any part thereof, shali be oonaEmnea . • • 4 or take� under any rfght of,.emtneat domain by • ' any govecnmentai authority oi othec party, ar sha12 be reasonably determined by the party ac- i • f quiring such propeity to be thceatened by ixminent � cond�anation. !he acquiring party may give notice ' • to the party trans�erring such property either (i) electing to tercinate this Agreemeet, or . � � . (ii) Qlacting to gerfocm this Agceemene notwith- ; ` rtanding such cond�anation or thseatened condcmna- � , !lon, in which event this Aqresment shali cantinuQ � � !a full force nnd e�lect, and the transEercfng . � party ahall not eomproaiaa, adjnst oc accapt . " aeqt aoounts payabis by season ot such eond@mnation � ; will�out ehe prioc wcitten eona@nt o! tha aoquicinq ; � party, thc acqutring pacty shall accapt tha subjec! ? • property to such condamnakion and shall ba entillod ? !o all amourts pald by season of sucb c:o�dannation , i at►d the tcanalecring party ahall pay to the ac- � ' quiring parLy any aueh amounta raceived by the � t z , � trans#cssing parEy prior to tho Closing. I� i , tda avent that the aoqvicing party�tails to giva • , sucb notiee ot' oc prior to the Cloainq, hhe ae- � ' quiring parCy sball be 3eemed to have elecked� ' !he aecoad altetr.atfve above. � . (d) Termination of Agreement. Ia !he event tbat � j �- , , i _ . :-� ' . . , ;�.,,,,, . . . . � ` , . :;;__ . ';°�:�:: - - . i�i44�:�'I� ' ��'�,:... ._'_ ' /{y^__ ' S�_�ti ' � �.,- � �^L_.:.,.'�_y�, � , .:��},�(�1�"f �'Yr�e����',�'I— . . ..X["'?+.. � . t:ii:. Y� «:7 �.� :i] � -ifr�a 1:�ij�r _ ;. - .-�.:. ::::-'_ s4 ��£'�'��'_ �` y���� ��� -�� , ,��:.. -.,�.�` - - .��:�,; � ' '� -''�"��::� � ,�. " ;�;� f ,, -...�.u�,. � __ . ..'a . � ► � . - •E+. .' • ' • � . eomc 493 vac126 � . � . . �( either pacty hereto elecCS to t�rwinate this- f� � � Agrecment in accordan�c with the provisions•o�f � f " tbis Section, any abstracts� surveys or other � documcnts oc propecty delivered by either of tbe parties hereto to the other pursuant to the provisions hereof shall be returned focthwith to the pacty deiiverfng the sawe. vpon such � ceturn� this Agreeanent shall be null and void � and of no futthec focce oc effect and aach of i the pat�ies hacQto shall be raleased �rom all ' � lucther obiiqations hecaunder. - ' , ' � SBCTION 4.4. ��nditiens, This Agc�Qta@nt and thp obliqations oE each oE the pacties hecoEo psovided !or berein � ahell be aubject to bhe Eoilowing conditions pcecedeatc � � � (a) aocum�nts. Sach ot thQ parties b�ceto shali i , hav• tiaaly rec�ivod Qach o! the documants to ' � , vbich it ia entitlad pacsua�t hereto or shall � 's , � � bavo waived !n writing its right thersto. � � (b� Be�renentations and t►arranties. Bach O� ths - f • sepceae�tationa aad wartanties �aade by each o� s , � , the parties hereto to the othec shall be brua = and corcect aa ot the tima o! rhe Closirtg oe i � bho inaceoracy.or breaeh thereo�, as applieable• • chall have been waived ia vriting by aueh other ; �c�� r(a� flon�e rt�ie charter. piTKIN shall hava coppleted • . � 9 " � � ; F � `'.^r�,'�. . .. . . ����' _ � ' . :T.i- ' :..:1-:.4�'�,�,_ . .:�Eif:"_...,,_.. � . ' �� vl�' � a,��,�y'-."�"%c�. . ��,:�-'s'."� °��r�.;j�_. . '�.-'�r':. �." i'=:. _ . _ . '^� ') .''•iw��.• ��.f=.f. , .-�.',: ;?:��_. . . . ,. �, _ ' � � ..�` KY . ` �'�''d� !� -�'S' , t ` � +i:_ , ki-� ! y �:E4 � ��. ��.�' K t s�:� 3 `'_.."°+ .�•�--fi,�. ;..M^�7�M+�'�el.r...a.,��'-�.�a�.'-e '�.. "� . . .._ . � , 1� �.�"` .... f��"- ''.� � � 4�:3 PA,127 . f/'. - . .. ' - ' . . - . f. � "�aad complied with tbe Requfcements o! l�rticle � � �'=�.7 ot tl�e 8ome Aule Charter . � � ► , . �8) Imorovements. A11 buildings,•.� 'seructures, utili- ties, appliances and Purnishings eucrently on tlse MILLS Froperty shaii be inciuded in�Lhe con- �eyance to Pi'�xiN in their present conditian and without additional compensation. (e) Nen-•5a iafaC�;on, 2n the event that any o! !ht = = tocegofng conditions precedent is not satistfad � � ' in the reasonable deteraination of the pacty � ; . f b�neEited by sueh condition, the benaEited pasty I ■ay give notice !o tde other parly dQSCCibing ' - ; eac6 condition which it assarts has no! b��n ' . satisEled and elecetng to taemiaate tihfs 1►gc�e- ' ; . � w�nt. in thQ Qvant that thQ bonatited pacty � ! l�tis to givn suc6 notica at or pcior to tha • , Closing, such condition shall 6� daemed to hav < been waived, in wbich evant this Ag�@eaant shall � , continue in tull torce and e[tect. t - ��) �lermination of Aareement. In the eveat that ' aither party hereto �lecbs ko tecminate tbis ; . � Agraemeat in accocdan�o vith the provieions aE ! � lAts Section, any abatcaeta, sucveys or other ' � documents oc pcopecty delivered by eithec ot• i tl�� pi�rties heceto to the other pursuant to the � • , pcovisio�s he�eot shall be seturned locthwith ` ' • . 10 d : • i , . ; „ . 1 - '-'3 .� _ .. . .+. '_ � . �YT- �A__:.. �.x - � . 7F Y� • :•i��:.,�!'"� . . �Sti.. _ �.': :7 y1�y) Y:i"i. � �Ai �.'�r[J Y��4 _ .� -----a--- . ' �,�. . , :;�� ��' w-,� ���� �1.. a ;��±��s�� €taCF���+`i►j!i, ,�1�� �'3`�? �t :,��ti +`_-'��',�''",�..�.. �..:".si�.tliit"i�fi.�+a`� s a�=��... � - �- . ir.tl .. . . � 1s`ch3� ..,, i�:..w- �. � . ! i j. . - �- � .� 493 Fb�128 � � . . i _ - . : to tb� party de2ivering the same. tJpon such � � r - s + I tetucn, Ehis Agreemenc shall be nu12 and vofd � � •� . I aad of no Furth�r focce or tffect ana each oE the parties hereto shali be released from all- , lnrther obligationg hereundec. . 4 � � - Att2icl�� v. �v��►�s eF nFFnnr.T � . BBtTIOiV 5.2. eventa ef nefa tt t. The occursence o� aqy oF tha foilowing events shaii constitute an gtrent oE dafault ' . (•8vent o! Dafault") heceundet: � t . �a) Hr ach oE Covenant. The failure oE eitbec o� = the parties Aerato to pay a� a�nount or peslotm i ` • - oc obaerve eriy o�hec aovenant or agreement !or . , _ rhich such party is obliqatsd hereund�r. . . { • ' (b) Eankruotev, Tha occuerence oE sny ot�tha �ollowin� � ' ° , avenls, as applicable. with rQSpect to �ither i , a! tha pactiea d@cQto: : (1) tt►e apF�ication !or � os con�ont to tho appointment o! a receiver, � truatee or liquidatoc ot thair oc its asaetsj � ' .I2) the inability os adiaiasioa in wsiting ot 4 t inabllity to pay'ita oc thelc debta as thay maturej � � " . (3) tbe making o[ a general aasignment Eoc !!�a � benetir o! creditocat •I4) being ad�udicated as �4 ba�krupt or inso2venbt �5) beinq 8eelared suspended , . ' aad inoperatives a�d, (6� the tiltag o� a volu�tary petitio� in bankruptcy, or a petition or answee . • , aeekSng reorganizatio� or a� accangemeat with � r ' 11 • � .; - � • , ' �-=�.�: � ' � . _ ;:���::=='�. ' ��_ �_ . s�*�.�3-;v ��/�j?'�'��•�h�'. � t��i}jtr:.�� . �'.��i_ '��.t•j''. . . �:Lr'; h� � . -�:. ��;. ._•�j- T�... ��.L. ..�'%, =. . � . .��q_.2,-.� ``i :w�. }4"^Mrr-.: z_ � �� I . +� � ` v. ', 5" `_. .SS���tl,.- f .� :..r, �L y ..,r . s. � � « ��., �, s ,��.... _ _, .. : .�.. i � _`. . '�„�._ "�,.:�,si�x����� '���''."'�`'���:��ry�:s. '''.-> . . ��;.3 r'.__ . r .. . ..�� . . r - . -� . .. . ' � 4�'� P��1�9 : . crtditors oc takiag �dvantag� ot any insolvenCy � laY, or the �iling of an answes admitting eh�e paterial alicgations of a petition filea against � th�m oc it in any bankr.uptcy, [eorganizatfon ot insoivency proceeding or the taking of any � action, oc consen�tng to any action taken aqainst . them or it Eor thc parposB o! eflectinq any ot � . the loreqoing. : • aRT?CL _ VT_ RE`FD £g ` x s - 8SCTIOt1 6.1. ggee ; a. Cpon tha occucrancQ o� an � ,! Srrent o! Defaul! os at aey tima thec@after, the non-dQlaulting 1 t ' ptrty aha11 6avQ !Aa following reweZy• . Tha non-defauleinq pncty ' � aeSy givs notice to ths d@�aultinq Qarty dsciaciag this 1►gremaent � . to 6o in full Eacce and a�toct, notivithstanding tho oceurraneo � ' ot sucb EvQnt oE Defauit, and shail bQ eatitied to the r�medy • ' o! specitic per�osmanca and damages aad may purau�a any otb@r ; i ' t ci9ht, powor or rmaady availabia at laa, in equity� by skabuto t • or othecvise ta QrtEores the pnyme�t, p�cto�mance aed obsarvanae ` • # o! all obligabions due to thmn os it hereundec. # 1►ATICL VI7 [ETlERAL• PROVISION� j 8BCPYOq 7.1. ��neraZ prov[siens. The patlies hetebo . � lusthec agree as lollows: • � . • ,;! . (aI Time et essence. Time �is o! tha ea¢e�ca hereot, , � ptovided, hovever, i! the last day poctailted ! , _ � ' or the date othawise detera�ined Ior the partos- ' aance ot any aet cequised ar permitted under ' � s . . 12 • � � , , . . � : - � . . : 3 . �r w - — � _*. .. .3-_"�:-:....- . _ :��'-�_: � . ��'�r: -� ' � . �. +�Kw:�..: S�� '�=F*.. '�: ..7=-f�_ ✓�G: 'F '( «:T �. �'��',r ' Yy, . ��: ,;.�;, _`:��;�: 4 _�` �R � I � a-��r`, E :`'' T �.3t. n ' 'R'3_ ""'a '}�' '�' � n . � , .� -�' _�•c.:.`� .. , � �� i3rLL7fi3s�.c..� 10��'.Y . / . _ � ' � . � � � � � e� 4�3 Qa�1�Q � this Aqceement falls on e Saturday, Sunday or . � ' boliday, the time foc such performances shaltl - j / be extended to the next succeedinq business day, i unless othen+ise expressly stated. � ► �b) Govecnina Lav. This Agre+ement and its pec£ormance � shali be govecned by and consrrued in accocdance vith the la�ra of the State of Coloraao. (e) 4pv�ilitv. Shouid any pcovision of this Agree- . • oent or che appl ication thereof, to any extent, ; ba Seld invalid or unenforceable, the iemaindet . ; . ` o! this Agreement and the application thereoE } othar than ttiose proviaions as to whicb it shali . i have baee hai2 invalid or unenfor�@abis, shali , • • • •tto! be aflQCted therQby and ahall continu@ ia ; , luil lorc• and slEact and sball bt entoccaabi� !o tb@ lullast extent pecmitted at law oc in ' ���. , ti (d) Inl�9ration. This l►greement ambodiaa the �ntir� • ? ayseo�ent betweea the pacties heceto oorcasrttng � ; , ! . the subject matter hereot and superaedes all � , . . prioc conversationa, propoaals, negotiatioes, ` f nnderatandinga and aqreoments, vhethor wsittien ; • • � ot oral. - � , � (e) Ineorpor�tion �y ae�cne�. All schedulea, exhi- i ' bits and addertda attached to this ?lgreement and - � seterred to hereirt shall Foc a11 puspoaes be � 1 ' I 13 • ' � ; . . �:.:r - - . -:,�:�: • �"�" �� :. . . , ,1=q,r,�. , ii�'.��+='"-: � . s�,�%�;�. . � �..i,;f,{-.�� �'��:�j' . . yl. �y � � ���. � � ��: :�� ' � �� .,,a,� � ,+_ �i�'h��� 9° �}�':.. f'xdi:�� ��'�•'�t£� � Y...s � 1is e " -� � ^�` r'� �;,:,, � .'1.�.� t,}4a�y,. :� - . .. • , _: , � _ � . :, ��C: ��' � ' • � ' ' ' - � . e�N 493.Fac�131 � . � � 8eemed to be incorporated in this Agceement by . tLfs reference and made a part hereof. � � � . {ff Purther Assurances, Eaeh of: the partie9 herpto shall, upon ceasonable :request from any othet ' � pacty heceto, f'rom time to time, execuEe and delivec to ehe requesting party such additional docuroents and instruments and shail •take such otder 'actiona as may be reasonably necessary !o give eEfect eo the provisiona o� this Agce�aent. � • i (q) Coats Apd Artorneyt�s 4. In the event of amr , . liligation or asbitcation pcocecdings bstween - � any ot the parties hetsto concerning the subject � � - 'attQr heceof, ths prevailinq patty in such liti— • i ' 9ation oc proaeodinga shall be entitled to c�ceive � � lsoo� �he dafauitinq pacly in addition to !he � • amoun! oE any judgment oc other award entared • , ll��roin� all reasonabl@ coats and ex�enses, includ— � ing raasonable attosney's teos, iacucsed by thQ _ � , � • prevailing pacty in auch littgation or pcoeeedinga. i � ' (h) Compliance vith Lava, Tha performaace by the � . . • partiea herato ot their ceapectivc obligations provided !or in this Agreement aball be in atrict r -- '�aoepliance with all applicable lavs and rules � � and re9ulations ot .all` governmental ageeciesY i sunicipal, county, state and tedecal, baving ; inriadiction in the prmises. � � ll • � . : . - � _�,.►.+^- ' - i � ;�: - - . �_=�`" - - �:;_- _ :� � -. , �.__ � =:�..-;�"�r. � M . 4,d'. n ..Y� _ 'A : i.y:..i�f.Y:_'. t.: , � .-�,�. ,��� ..� , . . .r }'�r � i 4 ��i`" `3 "� .g�� �y� � }�-�. : � <a-'c�� s �,y �2_�#� � y � .'b��� f < ` �. � � ,,t� ik`r !.. � r��._.._.�...���__ ._� ���� . � . t�V _ .. . . . .. . � 493 PAC:132 �i) l,mendments. This AgreemenC shall not be amended, ' altered, chanqed, moaified, supplemented or re4 scindcd in any manner except by'a written agreement e:ecuted and acknowledged by �ali of the parties bereto and attached hereto as an addendum: (j� !�ncvivat of P ovicions. The representatfons, ' covcnanEs. aarranties and cutperfor�Ed obiiqations contained harein shail survive the Ciosing of . � tbts Aqreetaent and any investigation made at , } any tim@ with respect Eheteto shall noG msrqe • ; into any o� tha� docmnents executsd and doliveced , � ' pnrsuant thereto and shall remain Qn�orceabl� ` to the fullesE extent permittad at lav oc in �. ` . �4uitY• ' I i � ` ik) Authoritv. ga� oE th� paceiaa heceto repcesonts to tha othac part!@s heceto that such party has � lull povac aed authorily to axecute, dtlivat _ � and pecform this Agceement and lhat thie Agceoment i _ oonstitutes a valid and legally binding obligation i � . ' . oE such party e��oreeable against such party i i f . in accocdance with ita tanas. ± (1) t�o Rest r i ct i ons. each ot the partlea hereto + repreae�ta to the othec pnrtias hecato that the • execution, delivecy or peslorwaace ot thia Agcee- f ' Aet�t will not contravcne any legal oc coatraotual ' [estriction binding on such party or oa aoy ot � ' 1� � � � • ' � � . ;,..'..,. . . . _ _ . � ;�<:°:"' ". �,�;t;`- - ' � � � �<r�,s _ --,�.. z:::3:" _ .,,-+. ��� :1:':i��-' �';�� - ,��. ��� �. � ��Y.-.=rT I q'�. .�j `�?�`�.r a���y;�.�,. l , - �'�' ,�_ , � � e .r;•.ti �., �r '+et`.s , r° 3.� t? . . �'_S.LI��",. ���.. �l c .d-k i .��.iid.: � ..ya: . .. .� . � 49� ��1�'3 � !ts assets. ' _ ' t . �a) � Liticy tl ion. Each of the paireies hecpCO repce� � asnts to the other parties hereto that thece , � is ao leqal action, gcoceeding os inv�stiqation a! any kina now pendfng or, to the knoviedqe , of such pacty, threatened against oc a�fecting , sueh party or the execution, deiivecy or perfor— foance of this Agreanent. � (n� Countecpaees. This Agcaement may be execubed . ia any number o� counterpaces, @ach ot which ` �hell be deemed an original but all o� which f - •hall constilute ons and khe saae agceement. � - . �o� Pare9rgah Cag tene. Tbe paragcapb- captions ot . lhis AqrQemen� arQ ins@cted hecein foc coavaeiianea and re!@seace oniy and ahaii not ba deemed tio - d��ino, li�nit or oonatrue tt�e provisiona b�r�of. (p� Number and Gender. khen necaaaary !or propor � � ; construction hereot, tbe siagular o! �ny wocd ' � • used herein ahall iaclude ths plural, thn plucai �. � . ; sball include tbe aingular and the uae o! any ' � " �e�d�e ahall be appltcable to all gendqrs. � (q) Wetvers. My one or moro waiver ot any covenaat � .• , ' oi cooditton by any party heseta shall be construed - ' as a vaivec og a subsagucnt breacb o� the saan `;: , . . � oovenant or wndition and a consec�t to os appsoval � , ot aoy act ceguiring conse�t or agpcoval shall . � ; ' 16 • s � . - a � # . - i . - .. .. ;�„?�„"'_,. _ . • " a r��':� _ , . , . �-::x:.i<:.��- . . �:.3y:��� ' . .'���� ,.,�. aF x:::. . s+,�,' � . �,��„ .'��"� ;:i�" ;�ia, r:- - � .�.�: ,{r. . - � �-.�ra�s . °� �i{�{?: � �„��;:� �,;E�,._ . � -�t--: ��� ���� _t�' �, �: "��- a s �' Y.�' �_ � '� � : - '�9J �4 � „� ._. g� ' -; �; ��,.��,a. . w.�..r : ,"�� �'��. ;`,���_.a�.: .._ ., >_ . . . . . ,/. . ' '� � " � 4i7•� Fd i134 � not be dcemed to waive or r�nder unnecessaFy • ' t such consent oe approval as to� any subsequent similac tct. ' (e� Neeotiation and Dra tind. This Agreem�nt wgs negotiated and dcafted threuqh the mutual eEtorts " of tha parties hereto and no construction hereoE shali be aiade moce favorable or more detrimentai i !o any party hereto based upon the negotiation • and draftinq oE this Aqreaaent. ' (s) Notiees. Aii notices, cequests, deaande, or - � ' otber oomaunications provided �or hecein or given ; or eade belwaon any o� the perlies htreto ia � � • oonnocLion hecevith sha�l be in wciting and shall � • be aaace��a to tho party to be notiEiad at i!s addcass aa sat lorth balow or at eueh othar addrass � as such party may frow limo to timo dasignatt � - by eotice !o tbe othas pnrliea heceto. All noticea � # (excep! noticea o� change ot add�ess) ahall be ` i , �tfaetive at the follovinq timea baaed upon bhe � . �ethod ot delivery elected: (1) three I3) days i ' � alter deposlt in the uaited States Mail, postage prepaid, registered•oc certilied loati, reburn • receipt sequested; (2) tive (5) d�►ys atter �epoait - ' in the United States Nail, postage prepaid, Eic=t � alass mails (3) upon delivery, it delivered in � pesson either dircctly to the party to be natifie�l � i ' � � 17 . ,� • . _.:�,,.�...,., -�__�..�- , . � . ;,.:�� �.�;: - �'�_' � � � • �:;.�•••;. :����s�': �';�:���= ��- .�,, ;� - '��. as � -�t�, ..;�k. r� -- , .�,� aS � �-..3�y� � . -!:�_�"e4' � �€ r . ._�. ��I.•—.�S'..i�:r�.�..ul_�k �h��sl��`a*��� ,3. �'3�.�'�� . ,�?;.. � � � � t+.'�+3.LL�L"�iIIaf�� t. . M • •• - . • . � 493 PA,135 � . or to the address of such party designated hereinj . . t - or (<) upon delivery, i! deiivered by commercial �tpress setvice oc courier to the address o� . . the party to be notifiecl designated herein. Motices of change of address shali be elfective � � !ea (10) clays af�ee tihe ef�ective time othecvise ! • applicabie tt�ereto. I! to P2TttIN: 11r. Tcm Snith . - Oounty Attorney ` S06 east kain streee � 1lspee, Coiorado .81631 � . E . , . t I! to ltiLLS: Kalter S. itills � . j ` • _ �aul 8. Rodden �,� , • � % Rodden a BaQSma��✓r � ' 1860 Lincoln Sbreoti • � - � • ` � , •8uits @�i8o� sa► v�'� . � j " ' Denvec, Cblocado, B029S � ;_� eindie9 E e � This Agraamont shall be biadin9 , opoA a�d inuc• !o the beoslit o! th� pacties � 6acoto and th�ic r�spoetivs h�irs, l�gatees, , • ` � dOviaa�a, l�ga] s�pc�santatives, �xtcutoes, admi�- lstratocs, snecassocs and permitted assigns. ; �xK/al�D as ot tl�s data lirat abova written. • R � � � '� � 4�/�l`�i��^r�+.��— � al c 8.. ills • i . , • °- . � ' � -G�..�.� � c�..�- , . ' � Paul 8. Rodden � � � , . . , � - , . . is . - • - - - � - -�.:4� ..� s • • `i..i _ _ �Y .���F-:'." " . . �s;-r:.'� � . " .i�lij.,�!_"r . . ��' � :�?.:�� :::�'t5,.-' . :yQ,r' �M ,�t �� v Y'. i:t..�.ii':�.� �: . `;��'" ' �i. ;� :F :j��-: r �� 3. ��L 1'�.� #a���A _" ^ y'��Au - I� ��'�, `��� �t� �� a' , x ts�� � � ! � F�F"�'2'�: f a�. F�'�. L'`,�y S+Y'r� a . Q�� . z� s � . - . ", _,._�.... s„i�,'k. ��`,�,..:� , ,' 3� � ,',_. . .. �,y . ' � . .. . .- - . _'�t� .. . f , � ' • B�t 4�J �b,clJll' / � � . . 8011RD OF CO��CT7 COltNISSIOl1ERS OF PITKIN COtJN'rY. COLORADO � . • � ' •- 8y s !ti ael Kfn ley, Chai�an • • � �� oe � , � oe � u. ���Che #o eg inq was acknoviedqed belore ms tkis �.u0 � �Y /�Z . , 198�, by Naiter 8. Miiis. )litness my band ana ol�ic3a1 s�ai. - . �• � . • � ..y ♦1 ` • - s - ��J�;�o�.p - :�:.,''�` Ibtacy public . .t; i�` ° " � _ . . wa�am a sa.an.n,Neary vt�bpe ,- '" • , . : � ' � Jlddr ���g�8u1a e0a . : . �ty e�o,rmiuia► •Ypsr•s: � osnwr.coaooaa , , ' ��,'J� Op � . ����'Y OP ; ss. • . . . ± Th• !o �go ag was ackaoyle8ged be�asa m• this �-��� # �� u! ��;y,.�_. 198�. by paul 8. Roda�t�. • " � Nitnes� my hand and olriciai seai. . � . , ; • - ' —��.�1/lX l,A�,+.V� _ . , ' � � lTotary Public '�� . Wlit(un R B�R NofMY� � - � Add C et 16Q0 Uneoln 81rN1.Sulv OOQ - Ny comvaissioa 4xpicess � �"'""'�•��s F '.;;' " .� . , . : • � . � : . . . .. 19 , ry � t ' . ,_� . • ,� .. -� . . .. � ;- .' . .. ; ' ' . . •- � �i _ , , . . - - . '. . ' - � � _•+� _ _ .. . .... _...�..s:::. ...:::.:; _;.lr-, £� - . � .;;ti,���`- , . �:--�=;'=: . �-.,"; _�>.-�:t . �,,.., ����;i..: �-:�. M=j.' .j•: �,i '�,�,�y i.. ' ..��. � - � .�.#..�g` �'f..: i�. � .�'�'F :+_-c a- - p, i V ,��:�' � �� r �' �,�� S I��' `�',�i" r � � . I , - ., ; £ 4; r , ;.,� l: � , . .. ' . t � � � BO�N ��7J PA��� • STAT6 OF COLOElAOO y " . : ' f 88. . ►' Cd1NTY OF PITKIN ) . . �� �he foregoing vas acknovle8ged before�me' ebig ,.r � day of, 1984, by Hichael ltin�ley►. • ' Nitness my hand ana off iciai seal. _ K . + • Notacy Pubiic i � • 3 �t�L�t @SS • :r.`� ' 1�y commisaion oxpires: , • i • ' • ' � . , . � ' .. � - ' - :2 ' o . , ! .-�_..:_._ _ , . , . .. -:>, ` . � s ` , • � � , -� . ' • ____,_ ._.__ �_.._ •.� . 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CN�b�t , ��L�1 �Yi/Stah i� Q��D3�i� f►1��tlf�1RL f�l M�/M)d1 tl1! ° • a+W K .M13h4 N t�M*d�U Nt: � a�eqal o�sseription�a aez+e pacv�l Fsd►s8te I4-i hai,ais+afe�c referrea tio as i tha subj�aet pacael t,ogatt►er�rith a11 histaric Watar zighffi �t • s 0 ��P�4Y �d�r with tt�s right Oo mnttt�n�ct aad vperaEa a lia ; lrail aa�ss tha Nordf enc2 0! tl�e 20 aana parael sbau� on Exhitait Ar�l.) • ; liaa�svStrJ to tha(�at►bor tl�s not�-�xrlvsive rigl�t Co aoo2� the 20 aa+e pazoal � + dascribad 3n F�d�ibit l�l alonq an altgcmant 30• Sn width. 9��Y • . �4 � ��t of tha existit�q raa�at tha Sau�end of �n sub j�c� . � P�ar+o�l. Easemant to ba lccat�8!�f a muLually aconptabla aLigneone. 11�/ � Oaa�t oad� SeaMau�aad bs cbna 3a wnfoc�v�ca with tlsa Pitkin Spacif.icatiaets 2982 (Sart[c,n YII Aoadray Lordaraq�o ' Q�idn].itaa,$) �dxich a�hos�ain S,naotporaffid int� thi' agt+�rertt by s�ac+mncQ. 6 . , ..... ....�. e .a�/.:lt .. . •w ..:..,7.c..'.r..�. ryf� r�,7: :�_:...�/7= ,c� ,++!' t , ,:�.., . ,V..''• •� - . �'rt�as �.f �'.�� ,�M1wn�itnRW�Mr � � *•� �sM�a!p�a�rl�wit��.aiN�urs�tfN tA�WM N 11�awN,w�►J�t i� . � � ��fiEOC fh311 i'�ODUY OI{Y O[d 3Z1 i�CNClt3QS� t11IIbQY�O�i a11L�dl�i �LO�t21Q�jCCt�BLQOL M'L�lLi1 ZZ 1[Ofi�tO Ot C�t7Q. • . s + t . � � �i�M tl�Ft �V d � .t1 ' ' ; . a ,; . • :ran or cowiuoa � � . ' ��I K µ T4 t.+�rww ir.(rwwN rs�xtw+itfr�t 4fa�av 1W • �+rw .0 .N � . � P�OR ���� . . . , . . , ; . . . . .. . . . . . . . . ._.w..�_. . .. ; . . .�... . . _ . __ . , . :� _ . . .r,' ' � `s • � . ~" r� �. r �.�; . �T3'-:. �; �:? .-���.�• - �. . 'i.fiF:: . . .�}�X- - . ��_ •tlM1' � ..��'r� ��� , 7 �� �{ I �� F� §� aa• .� ���I' ����`_ i� {�I I� �p ���.�- � ryr� �-n+i;� ' I S�- ' � �_� �'�y� - � '(F"`" i '%' . s' a t , " _ .. � � _ � '�.��.; �in.�° ,a: ..iE. ii� _ . .. . . .. -- . _. .... _w .�. � i / . .. . •.- �.:493�os�1�41 Lry..+u. _4.«�» ' _ - _ ,�_�xhibi} n ..._. � ��+ 8oaed cf County oaradssioc�rs . . nt�..aNweir ' • - i p�a�K PftlClri .SISqK, ' � � CbLararb .de uw iwuwnuw�t ' . � • . � Mru�t�eaa ad�r�t�t u�aatvt�t a ' i . !lL1.1.s atd mddee � . i riktlept+I�teer6 . 1�I+pr�t j D71fuQt .M/sue.�l C010JCac1C dr t.r.w.�enf/e.K.t�11�tfw ��� • o++Nr•t .•.I ana.t a.�rK r.u: . � + (Layat Om�siption 9 acsa pa�l Dd�ibit 11r2) � • � . . �. � ��,��►�,�� ��,� �t� �,. �. . . a . . : . . � � . . . . � _ . . . �.� : . ,� . . � , � . . . . . � ; � . � � . . � � i . .r.A...,...wrie.r.wd.e ' ' , • . ., � .+u.r w.�.w,.M.a�tta w tlw�u.w...ny.a a . �, •• ;.•...�_ .� .., .a. �.... _r�.. . .....-... .. : ..• •. • ._. • ' • '.. .� :. •, .. • . - . '� . -- • . , yAN t►b 4�1 K �{f . � . a , t . � , . , � . . ... - .. 5 f � iT�17C OT COLOR.ID0. � - � Gw�r M . � ' Zlr fw�x�wt iW�rw�t�acirwM�a�t 4rfue wt tW { dl'� .tf .b ° - • . . - . . , . `7 � . _. - , . , � ' . • . _ . .. . . ; d � . , , . _ . • • • . ' . ,-� - . . , " . .......:.:• � _ ' " - >;�- ..;:�:p:�� - _ �•� ,; ' � ' ' �� � � �;_. ,,��. ;��a�, .-s�t'�'. �'��:: r; 'r,;.;.�. - t - , � �+. � a °,^�+A,a�'-�.n�'�� �� y{S',� t��r �g7W�''.; ��it��.. t , z�..�t:��: �c t J � - F 7_.. .: +�f r- � a.;,x�a a. - � i. y� �`, - �"�Y �j,. ._ �s115[��!'ht .� ��i � ''.. . .W�.�----'> '" _ . . ...s � �T . �►_. F}. ' � �H,��-� E" . " � . awie� ca. o�•._ � � 4�3�Fac�14� Series of 1984 ' ' ! AN OADiNA4�E PkOVIDI:7G F'OR Tf1E OLSP06TCIOtI Of G�}'.I►1 IiF�1L aP�PF�IY fX�iT�O BY FITdI:1 OWtITY BY 111E �{QIAI`kE OF C:�S . OF E7,�fAL V1IIJUE BEL�+�E! 1t�CCG^.:LY A.".b A PRIV7►YC PBDP�IIC Q+1�K; Al`a PA3V'aDI.IG FU[tI}�R 1lWT SH� �OL�I'7� ?.a ESGlI92TS 2!�QJ.`�ra-�C,'IC:f h1iRt1'INIS F'rCQW:a[E 8E MA!`E AVeVL18t.� i�DR FUBLiC ItSPFJCTION WRI`�.'G�GULVt BWI.�SS HOU[LS t,T Tf� t`�7CE OF'14lE P27KIN WW'`11Y Cl�IC A@�U F�OOPDi'.�t 1��.:, Ne eoard of Coumty Oamdssior�rs is the amar o! z¢cord of � 9.0+/-aa�s o: �al proparty knam aq the Pitkin Pa:cel aad �fically dBSalbed on tk� aitac3�ed E�dtibit A-2; ancl � f�r..:-� tl�a eoard of taounty�radssio�ra l�as ontered i.�to an a�►t with Mills ac�d Roddsn �it Bi for ths�zclfaar,a oE 40.0 acrm ot " zeal pcv�erty in MQ vicinity of dte Sswsh Cs+ncic Aoad In�rsoeli�on dosccibad ' itt Padsibit k-1 for tha 9-aca ?iHcin pa�oal dssc�il�ed in t�d►lbit k2t ar+d ; • i��L4, N� Board oE Go►atly ooamtssim+QCS aiaY ':eaell a QortLon of tho ML1L ar�d AoddQa►pxvperty tc t1►@ Trarait Aue2wdly ta aid in iut+a�s erac�spoeeation ia�eo�v.�ntIIt � > � it�FEL�', tho prooenda fcom this aals:ri].I ba nsad to aaltti.s�o additlonsl • crpen sP�eaJ 8trd ° ' . . Nff.E�i1S� oo�m3deratlon was givsn ta tho w��e @taracbet ot tho lndi- � viduaL 6sects oF land and a sole aouroa selxtion nnd picoc�+minnt prooedia�e ++as W311sest and - t �. Seet!on 8.7 0! l.ha Pilk3n Co�nty tbae Rula t2�arEes psovides .� .� _ . . .�....._� - � !or t!a dlspesal.ot pubLic propecty. . • N7Fi�E. 8E IT OPOr1I!'�D SY 14lE BQAI�D OF CO(�d1Y COPSIISSIOl� ' � CF'PI'DQN CO(�r1Y� CDLOItJ1p0 tllat tt1@ e�adlaTl�@ atld sal@ 01 p7COpCltlr3 deSCCibCB ' ' abave, and in F�ddbits A-1 and A-2. is in tl�e be�t intesest oi the CountY• .� 7tlerefore. said e�achange atxl sale is he�eby appt�oved subject to tJ►e tesas and .' oonditia�x aontait�ed in the oontratt Agsea�ts set tosth in F�d�ibit C. _, . - � .�;-:- ':- .::;:.: - '..t�4'.^-::�': .?t s.�.i�..� . `i�';-� {,�".:�...fi��a:' ..�.,;., .... _ H„��..:i�. :.-�,�y�A"±y w� �r