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3725�7 H-756 F'—BBt7 07/29/94 i l:17A FG 1 OF 9 F:EC DOC <�
�� SILVIA DAVIS PITY,IN COUNTY CLEF1.' ?< RECORDEft ��,��0
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� A RESOLUTION OF THE BOARD OF COMNIISSIONERS
� OF PITKIN COUNTY, COLORADO, Y �
� APPROVING A CONTRACT TO SELL PROPERTY :� �
�_ TO THE CITY OF ASPEN, COLORADO, t
;+ FOR USE AS A SNOW DUMP SITE,AND `
AUTHORIZING THE CHAIIL TO EXECUTE SAID AGREEMENT �,
,� ON BEHALF OF THE BOARD OF COUNTY COMMISSIONERS
�. .
� Resolution#9��j� .
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�, RECITAIS
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1. There has been submitted to the Board of County Commissioners a Contract to Buy and
� Sell Real Fstate between the City of Aspen and Pitkin County,a true and accurate copy
' ;; of which is attached hereto as Exhibit"A"; and,
� 2. The Aspen City Council did review tlus contract and voted to have the Mayor and
v manager sign said contract on December 6, 1993.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of
Pitkin Counry, Colorado,that it hereby approves of that Contract to Buy and Sell Real Estate
between the City of Aspen and Pitkin County for the purchase of a parcel of land for use as a �!
_ � snow dump site, a copy of which is attached hereto and incorporated herein,and does hereby
. authorize the Chair of the Board of County Commissioners to execute said agreement on behalf
- —� of Pitkin County.
.,� , � �
• . � �
APPROVED AND ADOPTED THIS 31 DAY OF MAY, 1994.
;
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� � 37u852 8-75� P-729 �6/p7/94 i�2:57P F'G 1 OF 9 REC DOC
� SILVIA DAVIS PITF:IN COUNTY CLERY. & �,ECOkDER 0.00
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(� ATTEST: BOARD OF COUNTY COMMISSIONERS
r - OF PITKIN COUNTY, COLORADO
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f � nette Jones, Robert W. Cluld,Chair ,
� Deputy Clerk&Recorder 4 `"
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372577 B-756 F' BB1 Ci7/29/94 11:17A FG 2 OF 9 �'3
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�� APPROVED AS TO FORM: MANAGER APPROVAL: ��
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Tim itsit Reid Haug ey,
County Atto County Manager
- - APPROVED AS TO CON T:
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�n Newland, �
Deputy Director f Public Works
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372577 H—r56 P-883 r�7/�q�94 11:irA F�G 4 OF 9 �
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_..._ RESOLUTION NO. g� :
Series of 1993
� i
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO,
APPROVING A CONTRACT TO PURCHASE A PARCEL OF LAND FROM PTTKIN
COUNTY FOR USE AS A SNOW DUMP SITE, AND AUT'HORIZING THE CITY �
MANAGER AND MAYOR TO EXECUTE SAID AGREEMENT ON BEHALF OF THE CITY m
OF ASPEN, COLORADO. N
� WHEREAS, there has been submitted to the City Council a Contract to Buy and Sell m
i
�t Real Estate between Pitkin County and the City of Aspen,a tnie and accurate copy of which is N
attached hereto as Exhibit"A'; -�
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,"�: � NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ASPEN, ni
COLORADO: o°,
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. �
That the City Council of the City of Aspen hereby approves that Contract to Buy and Sell �
�
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Real Estate between Pitkin County and the City of Aspen for the purchase of a parcel of land �
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for use as a snow dump site,a copy of which is annexed hereto a�id incorporated herein, and y
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' `�` �;! does hereby authorize the City Manager and Mayor of the City of Aspen to execute said � :
agreement on behalf of the City of Aspen.
a
INTRODUCED,READ AND ADOPTED by the City Council of the City of Aspen on �°n
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the�_day of �Zt7(�,t-Q/J�Y993.
;,;;
Augu Reno Mayor Pro Tem
I,KaUiryn S. Koch, duly appointed and acting City Clerk do certify that[he foregoing
is a true and accurate copy of that resolution adopted by dtie City Council of tlie City of Aspen, �F'.�
;4 ':
Colorado, at a meeting held on the day hereinabove stated. • -��'.
� ��:
1 � . �
Kathr S.Koch, Cily Clerk k .'.
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. ; '1'lll�IS A I,EGAL INSTRUMENT. IF NOT UNDERS700D,LEGAL,TAX OR OTIIER COUNSEL StiOULD BE CONSUL7'ED ttEFORE SlGVING.
; � VACANT LAND/FARM AND RANCH .
� CONTRACT TO BUY AND SELL REAL ESTATE
� 3 Seller s remedy Liquidamd Damsga or Specilc Perfomunce(Seetion 1�
r (FINANCING SECTIONS OMITI'ED)
� /�..� L . 191`'„
�� 1. P11RT1ES WD PROPERTT, The Aspen City Council, purchaser(s) [Pwcheserl, (as joint tenants/tenants in cortmon) agrees t �
buy, and ihe Pitkin County Board of Commissioners LSellerl, egrees to sell, m the terns ard conditims set forth in thi
� coneraet, [he fotlowing described real estate in che County of Pitkin, Colorada, to wite
� . ! A parcel of land located in Section 34, Ta�nship 9 Soutb, Renge 85 West of tbe 6th Vrincipai Meridian, morc fully describe �
� uithin Exhibit "R", contain<.0 acres, more or less.
�, u�,�ee�..c�a�s.r.r+vt
together with�all interesc of 5¢ller in vacated streets and alleys adjacent thereto, all easmients and other appurtenance: .
� chereio, alt improvements thereon and a(f attached fixtures thereon, exeept as herein excluded, and cailed [he Property.
• . . 2. lMCLUSIONS. The purchase price inetudes any items or improvements attached or ntherwise, inctuding but not limited tc �'
� . - fencing, survey aarkers, roaduays, agrieul[urat irtQrovements and groping crops. �
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- � � �� i The above-descri6ed inctuded items (inctusions) are to be corneyed to Purchaser by Seller by bill af sale, quit-claim deed or
- - � . I other appiica6le legal insirunenr(s) at the ciosing, free and clear of all taxes, Liens and enambrances, except as providec
. � in section 70. �
. [� ,
�. � .-�� � ihe following are excluded from this saLe: All water rights assxiated with tbe praperty qitl he retained by Seller. �t .
� - �. 3. PURCHASE PRICE AMD TERXS- The purehase price shell be S 720.000.00 , payable in U,S. dollars by Purchaser as foltous ¢ �
� � . � (cortplete che applicable terus below):
(a)EarnesL NOney_ . � . �+ .
-.. ' . No earnesc money deposit shall be required for the purchase. � . d,
0
� `� � (b) Conditiass of Sale. �
. Vurchaser agrees io plaee the follouing eonditSons ar resirfetion on the Deed of Sale for the Property: �
� .
� � � - � i) Right of first RefusaL, [f ard uhen the property is to be offered for sale,Pitkin Canty shalt be givm written �_
� � � . . notice thereof, induding the proposed sale priee. Pitkin County shall have a thirty C30) day nonassignable '�
� � option to purchase che property for the asking price: In addition, vitkin County shatl have a thirty C30) day
� . � nonassignable right of first refusal to purchese tbe praperty whieh shail eoamence uhen a bone fide purchase �
� . offer is made by a third party and accepted by the City od Aspen. If such offer is made while the initial thirty op ..
, � . (30)day optian period is still in effeat, Pitkin Cmnty may purchase tbe property for the artrount of the initial !� :
_.._ - sale price or the amounc of the bona fide offer, whiehever is less. -
� �� � ii) Purchaser shatl allou for publi�access over the property fo� fishing. �
f•-
. . (c) Cash at Closirg. I �
, � � S 120.000.00 to be paid 6y Purchaser at ciosing in cash, electronic transfer funds, eertified ebeck, savings and loan � .
� � � teller'S cbeak, o� cashie�'s cheek. ,
� 4_ WOO FuN05. All payments required at elosing shalt.be made in funds wbich comply with all applieabte Colorado ;aa_. ��'
ti
� h7
5. NOT ASStGNABLE. This contract sball no[ be assignable by Purchaser uithout Seller's prior written consent. Exeept as ��
so restricted, this eontrac[shall iriure ta the benefit of and be binding upon che heirs, personal representatives, successors M
and assigns of the parties.
,
� �j b_ EVIUEN�OF TtTLE_ Seller shalL furnish to Purchaser, at Seller�s expense, eithe�a wrrmt commitment for w�rxr's title �„
� insurance poliey in an artae»t equal to ilu purebese priae or at Seller's choice, or an abstract of titte certified to a current
� � date, on at hefore Decaaber 1, 1993. If a tiile insurance coomitmmt is furnished, Purehaser maY�equire of Srller thet eopies p
:� af instruments(or absmects ot instrurcnts) listed in che sehedule of exceptio'u(Exceptions) in the title insurance camnitmenc �`
atso be furnished to aurcheeer at seller's expense. This requireiamt shall pertain only to instrunents shoun of record�in the �
� � office of tbe clerk and recorder of che designated counry or co�mties. The title insuran�e eommitment, rogether with any copies ���,�
� � or abstracts of instruments furnished pursuan[to this sectian 7, eonstituce the title docu�ents(Title oocunents). Purchaser
. must request Seller to furnish copies or abstracts of i�utrunents Listed in the schedute of eaeeptions no later than 14 calendar
u
�. .i days after Purcbase��s receipt of the title insurance eommitment. If Seller furnishes a title insurarrce comnitment, Set(cr ui!! �
have the title insurance policy delivered to Purehaser as soon as practicable after closing and pay che premium at closin9.
i
7. Ti7LE. <a)Title Review. Purchaser shall have the right to inspeet the T hfe Daeunents or abstrect. Yrittm notice by �'.
� i ' Purchaser of urmerehantability of title or of a�ry other�msatisfactory title condition shoun by the iitle Docunents ur abstract- ii��.
� . shall be signed bY or on behalf of Purchaser and given to Seller or Listing Company on or before 14 calendar days after V'+.�
- • s.
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��'��+<< 8-756 P—H85 C.ti/29/94 11:17A F'G 6 OF 9 <<.."
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, � Purchasers recetpc or nne uoc�men: ��aoscratt, or w�cmn rive p) ca�mdar aay_._rter rereipi by Purchaser of arry Tttle .
, � Dooxaent<sj or endorsemenc(s)adding ne�Exeeption(s) to the title caomitment together�ith a eopy of the Title Doeuocnt adding
neu Exception(s) to title. If seller or Lisiing Capeny dces rwt receive Purchaser's rqtice by the date(s> specified above, �
Purchaser shatl be demKd to have accepted the condi[tan of title es disclosed by tbe Title Dxuaents as satisfsctory. �
(b) Metters Not 5han by the P�tic Recnrds. Seller shell deliver to Purchaser, on or before the date set forth in section �
. . 7, true copies of atl lease(s) and survey(s) tn Seller's possession pertainirg to the Vroperty and shell disdose to Purchaser - • �
. all easements, lfe�n or other title matters not sha+n by [he publtc rccords of whieh Setler hes actual knowledge. Purehaser ��
� shell have the right ta inspeet the Property to determine if any third perty(s) has arry right in the Property no shoun by the
� public records (sueh as an unrecorded easement, vu�ecorded lease, or bouidary line diserepancy). Yritten notice of any '
unsatisfxtory ew�dition(s>diselosed by Seller or revealed by sueh inspection shall be signed by or an liehalf af Purchaser and �
� �fgiven to Seller or Listing Company on or before Deee�er 15, 7943. If Seller or Listing Company does not receive Purchaser'S -
� notice by said date, Purchaser shall be deemed to have aecepted tit[e s�jeet to such rights, if any, of third parties of which
Purchaser has aetual knowledge. � �
(c) Right to Curc_ If Seller or Listing Caiparry receives notice of urmerebantability of title or any other unsatisfaccory
' titte condition(s>as provided in subsection(a)ar(b) above, Seller shall use reasonable effort to correet said unsatisfactory ' �
titte cwidician(s) prior to the date of alosirg. 1f Seller fails to correet said unsacisfaetory title candition(s)on or before �
- the date of closing, this co�traai shaLl then terminate, subjeet to section 17; provided, houever, Purehaser may, by written . '
. nocice reeeived by Seller or Listing Company on or before closiag, waive objecticn to said unsatisfaetory title eondition(s). �
� �� 8. �ATE OF ttOSING. The date of clasing sball be Decmber 31, 79Q3, or hy mutual agreement a[ an ea�lier date. The hour �
� and place of closing shall 6e as desig�aced by the Seller. �
. � 9. TRANSFER aF TITLE. Subject to cender or payment on closing as required herein and ea�liance by Purchaser uith the other
_ � tern�s and provisions hereof, selter shalL execute and deliver a good and sufficient quit claim dred to Purchaser, on closing, �
� .�. � conveying the Property free and cleer of all taxes except the generat taxes for the year of elosing, and except uater rights. '
� - f.� free and t(ear of a U tiens for special improvements instatled as of the date of Purchaser's signature hereon, whether assessea
- or noc;except distribution utility easements, including cable iV; except those matiers reflected by the Title Doeunents accepcea �
. � by Purchaser in accordance with subseccion 8(a); exeept those righis, if arry, of third parties in the Property not shoun by the ,
. � _ , public rerords in aecordance uith su6section 8(b); and subject to building erd zoning regulations. ,
' .. � 10. PqYMENT OF ENUAIBRANCES. Any enc[mbrance required to he peid shalL be paid a[or betore the[ime of se[tlement from the _�
. � � � proceeds of this transaction or from any other source. _ �
� � 11_ CLOSING COSTS, DOLIAIENTS ANO SERVECES. Purchaser and Seller sF�all pey[heir respective elosing eosts at ctosing, except
. - � � as atherwise provided herein. Purehaser and Seller shatl sign aixl cample[e all customary or required doeunents at or 6efare ,
� - . . i� closing. Fees for real estate closing and settlemmt services shall be paid at elosing by the Seller.
_ 12.a055ESSIaN. Possession of the Property shall be delivered to Purehaser at time of closing and in it's existing cordition. -
� '`j , If Selter, after closing, fails to deliver possession on the date herein specified,Seller shall be subject to eviccion and shall -
� - bc additimally liable to Purehaser for:payment af f700.00 per day fran the date of agreed possession until possession is ��
� � dclivered. �
C
� � 73, [ONDITioN OF AND DAMAGE TO PRaPERTY_ The Property and Inclusions shall be corrveyed in their present eandition, ordinary .
� wear and tear excep[ed. In the evmt che Property shall 6e damaged by fire or other easualty prior to time of tlosing, in x � .
amount of noc more than ten per�ent of the total purchase price, Setler shall be obligated to repair the same hefore the date -
� ��. af closing. In the event such demage is rwt rcpaired uithin said time or if the demeges exceed such sum, this contract may be -
� � - terminated ac che option of Purehaser. SAould Purchaser etect to carry out this coniract despite such damage, Purchaser shall ' �
�- ,. be enti[ted to credit for all the insurance proceeds resulting from such damage to the Praperty ard Inelusions, not exceeding, �
� ..-�� � � houever, the [otal purchase price. Should any inclusion(s) or service(s) fail or be damaged betwem the date of this contract � �
. and [he date of ctosing ar the dace af possession, wf�iehever shalt be eartier, then Setler shalt be liable for tAe repair or
� � , replaeement of sucb Inetusion(s>or service(s)uith a imit of sinilar size, age and quality, or an equivalent eredit,.less arry �
� . insurance proceeds received 6y Purchaser eovering such repair or replacemen[. The risk of Loss for arry damage To growing crops,
� �- � �.I by fire or other easualty, shall be borne 6y the party entitled to the grouirn�crops, if arry, as provided in section 2 and sueh . ,
� � parcy shall 6e encitled to such insurance proceeds or benefits for the growing crops, if arry. - .
� � I 1L. 7IME OF ESSENCE/RENmIES. itme is of [he essence Aereof. ]f any note or check received as earnest money hereunder or ,.
any other payment due hereunder is no[paid, fforwred or tendered whm due, or if arry other obligetion hereunder is rwt performed -
�� or uaived as herein provided, there shall be che fallowing remedies. -�
� . Ca) IF TNE PURCNIISER IS IM OEFAULT: IF TNE BOX IN SUBSECTIOM (1) IS CXECKEU, SELLER'S REMEDIES SNALL BE AS SET Fat7H IN �
SUBSECTION (17 [SPECIFiC PERfORMANCE7. [F SRID BOX IS NOT CNECKED� SELLER'S REHEDIES SHALL BE AS SET FORTH IN SUBSECTION (2) - �:�.:'
� i (LIOUIDATED OAMAGES7. � .� :�'q
I �x� (1) Specific Pertormance_ Seller may elec[ to treat this controct as cancelled, in which cese alL payments ard things of _I � .
y? value received hereunder shall be forfeited ard retained an behalf of Seller, ard Selle�may recover such damages as may be
� proper, or Seller may e4ecc to trea[this cancract as being in full foree and effeet ard selLer shalt have the right to specifie
� i prrformance or damages, or boch.
� (2) Liquidated Damages_ All paymen[s ard [hings of wtue received hereurder shatt be farfeited by Purchaser and retained �
; on behalf of Seller and 6otb parties shall thereafrer be rcleascd from all obligations hereunder. It is agreed thac such ��
1 paymencs and things of value are LIOUIDATED OAM�GES ard(except as providcd in subsection(c)) ere SELIER�S SOLE AND ONLY REMEOY �;:.
� ' � tor PurchaseN s failure to perform the obligations of this aontract. Seller 'expressly uaives ihe remedies of specific j_>���.�
. � periormanee and additional damages. ��,-�-.�
�
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.� (b) tF�ELLER IS IN DEFAULT: Purchaser may eleet to trest lhis contract as eancetled, in whieh cese aLl payments and things .
! ofi value received herevider shell be returned ard Purchaser mey recover such demages as may be proper, or Vurchaser may elecc
� - „ to treac this cmtract as being in full foree and effeet and Purchaser shall have the right to specific performance or damages, �.�
-- � 7; or both. ,
� � (U[USTS ANO E7tPEN5E5. Anythtng to the emtrary herein mtwithstanding, in the even[of any litigation or arbitration arising
�� ouc of this contract, ihe court shatl auard to the prevalling party all reesonable eosYS and expense, including ettorney fees. .
i
,� �� 77. EARNESi Nd1EY 015PUTE. Notuithstanding any termination of tbis controet, Purehaser erd Seller agree that, in the event
of any controversy regarding the earnest money and [hings of value held by broker or closing agent,. wless mutual written
� instructioru are received by the holder of the earnest money and ihings of vatue, 6roker or closing agenE shalt not be required
. � �s", ca take any aetion but may await erry proceeding, or at broker's or etosing agmt�s option end sole discretion, may interplead
. � � all parties ard deposit any moneys or things of value into a rourt of campetent jurisdietion aed shall rocover eourt coscs and ,
. . .�y reasonable aiiarney fees.
�� . � 18. INSPERION. Purcheser or any designee, shall have the right to have inspection(s) of the physical eondition of the
� Vroperty and Inclusions, at Purcbaser's expense. If writ[en notiee of arry unsatisfactory condition, signed hy Purohaser, is
- 6,( not reeeived by Seller or Lfsting Co�arry on or before November 30, 1993, the physicel condition of the Vroperty and lndusions
1 shall be deemed to be satisfaccory to Purchaser. If written rwtice of any unsatisfactory condition, signed by Gurchaser, is
given to Seller or Listing Conpany as set farth above in this seecion, and if Purcheser and Setter have not reached a writcen
agreement in sectlement [hereof on ar before Oeeember 10, 1993, this contract shetL then terminate, subject [o seetion 17.
� �� . . . Purchaser is responsible and shall pay for any damage uhieh oeeurs to the Property and Inclusions as a result of such inspeccion. �
� �..r 19_ AcENCY OISCLOSURE_ The tisting broker, � none , and its sales
� , agencs (Liscing Compaey) represent Selter. The Listing CrnQany oues duties of trust, loyalty and confidence co Selter anly.
� � - Nhile the Listing Canpany hes a duty to treai Purchaser honestly, che Listing Company is SelleNS agent and is acting on behalf �
� � . �- of Seller and not Purchaser. BY SIGNING BELOV, PURCHASER ACKNOVIEDGES PRIOR TIMELY NOTICE BY LiSTING OR SELLING COMPANY THAT
� -� L15TING COMVANY IS SELLER�S AGENT. .
_) The setling 6roker, none and its sales agents (Selling Company) represenr.
.[IF THE BO% IN SUBSECTION(b) IS CHECKED� SELLING CONPANY REPRESENTS PURCHASER ONLY� AS SET FOR7H 1N SUBSECTION (b). IF THE
- - BOX IN SUBSEC710N (8) lS NOT CHECKED, SELLING COMPANY REPRESENTS SELIER ONLY, AS SET FORTH IN SUHSECTION (a),I
� - ' � � (a) Seller_ The Selling Canparry oues duties of trust, loyalty and confidmce to Selter only, lfiite the Selling Compan�
has a ducy to treet Purchaser honestly, [he Sellirg Company is Setler's agent and is acting on behalf of Selle� and not -
�� � � . Purchaser. BY SIGNING BELOW, PURCHASER ACKNOHLEDGES PRIOR TIMELY NOTILE BY SELLING COMPANY TNAT SEILING COMPANY IS SELLER'S �
AGENT.
. �r� .' . . . .
� . ' �_� (b) Purehaser_ If the boa is checked: The Sel(ing Campany oues duties of trust, loyaliy and confidenee to Purchaser only. � �
� ... 4hile the Selling Company has a duty to treai Seller honestly, the Selling Comparry is acxing on hehalf of Purchaser arW not
, - �Seller. SELIER AND LISTING COMPANY ACKNOWLEOGE PRIOR TIMELY NOTICE BY SEILING CafPANY THAT IT IS PURLHASER'S AGENT. �
� " . 20_ ADDITIONAL PROVISIONS: '
I
= 21�. RELpMENDATION OF LEGAL COl1NSEL. By signing this doament, Purchaser arrcl Seller acknouledge that the Selling Coaipany or -�
.�!� .[he Liscing Comparry bas reeammended[hat purebaser and SeLler obtain the advice of their oun legal eounsel regarding examinatior - �
� � of title and ihis contract. - - �
� � 22_ TERNINATION_ In the event�this contrect is terminated, aLl payment6 and things of vatue received hereunder shall be�
� �- remrned and the perties shall be retieved of all obligations hereuder, subject to section 17.
- � 23_ NOiICE OF ACCEPTANCE/COUNTERPARTS. If this proposal is aeeepted by Seller in writing and Purchaser reaeives notice of �
� � - such acceptanee on or before Oetober 1, 1943, this docunent shall becane a contract betueen Setler and Purchaser. A copy of -
��. this document may be executed by earh party, separately, and when each party has executed a copy thereof, such copies taken
� .� togecher shall be deaned to be a full-ard comptete cantract between the parties.
� FOR TNE PURLHASER: . �����
•�`::'I
� '�`"- G;�l�y-3 � 4',
, . • Nayor . Date
. Aspen ity ouneil � , � ;,.-
. - Aspen h ll . � ,
� 130 Souch Galena Street � -
� Aspen, CO 81617 � '
�
� j STATE OF COLORA00 ) .
. � ) ss. . � . . ' .
Coun• . _..�.._ . . . ... . . . � .
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Acknowledged before me this._ _day of ^• . �9� bY_._1dL���L—`�
.� � _ �Vitness my hand and official seel. ._';�
,.��..
, M Comm4ulon rea '�.1'!�/u
� -���.. �.�� � My Cortmission expires: y � �� ':1_ ,/ft,
, �� � Not ry Publfe ) ' : ;�;i t� r'4 r^ :� z�.
. . � Addre s � �•� ,� :• ��:
C��J�f_,� 8�6�� '�{�, J�. ��•�:�=` ��
. SELLER(5): � � . r / .�r�L`i�:u�^�i'�• �;: .
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a,. Rbbert W. Child Chairman oece :
vickin tounty aoard of eounry[ommissioners .� � � � �� � - s
. � Pickin Co�mcy Courthouse . � � � _ . . . . . .� � ' . . � .. . .. . .
� � 506 Easi Main Street, Aspen, Co 87617 � . � . � . -. .. -� . - .. � -
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� � STATE AF LOIORADO ) � � � � _� � . � �
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�� County of Pitkin ) � � . � -� �
. - . nckmwled9ed before me this��y of � _ ^. ' ��' �' . . . '
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. � � � Yitness my hand.and officiat L . - . � �
. ' My[ommission expires: � �
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. ::• :�, ,., . - Notary Pub c � . .
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