HomeMy WebLinkAboutbocc.ord.003.1996 � �
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AN ORDINANCE OF THE BOARD OF COUNTY COMMISSIONERS '�
OF PITKIN COUNTY,COLORADO
AUTHORIZING CHAIRMAN TO�XECUTE
WATER RIGHT PURCHASE AND SALE AGREEMENT
BETWEEN THE ESTATE OF ELIZABETH H.PAEPCKE,DECEASED, -.
THE J.V.SPACHNER-WART2�N TRUST AND CAROL SEELEN AND r
TI-I�BOARD OF COUNTY COMMISSIONERS �
ORDINANCE#96�.�j �
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The Estate of Elizabeth A.Paepcke,Deceased,The J.V.Spachner-Warren Trust
� and Carol Seelen("Sellers")are the owners and holders of cerfain Water Rights described
� in Article I of the Water Right and Sale Agreement. The Board of County Commissioners
� of Pitkin County,Colorado("purchaser")desires to purchase these water rights as an asset
for the airport.
� The Sellers have agreed to sell and convey and the purchaser has agreed to purchase
a specified portion of such water rights in accordance with the terr.es and provisions set
forth in the Water Right and Sale Agreement attached hereto.
NOW THEREFORE,be it ordained by the$oard of County Commissioners of {-
Pitkin County,Colorado that the Board of County Commissioners does hereby approve the
Water Right and Sate Agreement attached hereYo and authorizes the Chairman of the
Board of County Commissioners to execute the Water Right and Sale Agreement on behalf
of the entire Board and that funding for this purchase be apprupriated from the Airport
Fund Balance.
INTRODUCED,FIRST R�AD,AND SET FOR PUBLIC HEARING ON THE llth
DAY OF OCTOBER,1995.
NOTICE OF PUSLIC HEARING PUELISHED IN TH]E WEEKEND EDITION
OF THE ASPEN TIMES ON 14TH DAY OF OCTOBER,199S.
APPROVED UPON THIRD READING AND PUBLIC HEARING ON THE lOth
DAY OF JANUARY,1996.
PUBLISHED AFTER ADOPTTON IN THE WEEKEND EDITION OF THE
ASPEN TIMES ON THE 20th DAY OF JANUARY,1996.
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Ordinance#D3= �' ' � ��
Page 2 ' . ,�. .
ATTEST: BOARD OF COUNTY MMISSIONERS �?.�'
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OF PITKIN COUN ,C LORADO � .Y.�
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J�anette Jones '� . r �� �r75.
�Deputy Clerk �� (�!L`G Chairman �
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APPR�VED AS TO FORM: �
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John M. + $uzarine Konchan
. Cou orney �C�ounty Manager
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WATER RIGHT PIIRCHASE AND BALE AGI2EEMENT ?`' `
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THIS AGREEMENT is made and entered into this ,'S��day of ' . �' -
. r:it�c.�C t L� 1996, by and between the Estate of Elizabeth H. �
Paepcke, eceased, The J.V. Spachner-Warren Trust and Carole S. �
Seelen (hereinafter collectively referred to as the "Seller"),
and the Board of County Commissioners, Pitkin County, State of ;� �'
Colorado, (hereinafter referred to as the "Purchaser") . `-
RECITALS k ''
E- , -
Seller is the owner and holder of certain water rights .
described in Article I which are the subject of this Agreement.
Seller has agreed to sell and convey and Purchaser has agreed to �
purchase such water rights in accordance with the terms and
provisions set forth in this Agreement. '
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NOW, THEREFORE, for good and valuable consideration received �
by each of them, the receipt and sufficiency of which are hereby •.,•
acknowledged, Seller and Purchaser agree as follows: r
��
ARTICLE I �4
- AGREEMENT OF SALE
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Seller hereby agrees to sell and convey, and Purchaser
hereby agrees to purchase, all of Seller's right, title and
� interest in and to the following decreed Water Rights:
� 8.0 c£s of that water right evidenced by decree to the
Stapleton Hrothers Ditch, Priority No. 269, with an
appropriation date of June 30, 1904, decreed on October 16,
1933, for 8.0 cfs, for irrigation purposes, from Maroon
Creek; i°
That water right evidenced by decree to the Stapleton Ditch, �
Priority No. 13, appropriation date June 12, 1881, decreed �
on May 11, 1889, for 2.o cfs, from Owl Creek; �
That water right evidenced by decree to the Stapleton Ditch,
First Enlargement, Priority No. 69, with an appropriation
date of June 16, 1883, decreed on May 11, 1889, for 0.8 cfs,
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from Owl Creek;
�� That water right evidenced by decree to the Bivert Ditch, ' '
Priority No. 17, with an appropriation date of 7uly 16,
1881, decreed May 1, 1889, for 0.5 cfs; 4
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� That water right evidenced by decree to the Bivert Ditch,
's� First Enlargement, Priority No. 36, with an appropriation
- date of June 1, 1882, decreed on May 17, 1&89, for i.o cfs,
+ from Owl Creek; -
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That conditional water right evidenced by decree to the "" '�
Bivert Ditch, Second Enlargement, with an appropriation date • ��
of May 1, 1958, decreed on December 29, 1989, for 3.0 cfs ;
for irrigation purposes, from Owl Creek;
That water right evidenced by decree to the Airport Ranch
Spring, with an appropriation date of May 1, 1958, decreed
on September 25, 1975, for 3.5 cfs for irrigation purposes, .
from owl Creek; �
That water right evidenced by decree to the Airport Ranch
Water System, with an appropriation date of May 31, 1958, -
decreed on March, 17, 1976, for 0.033 cfs for domestic •
purposes, from owl Creek;
and such other water rights that are appurtenant to or have
historically been used upon or in connection with the Aspen
Airport Ranch except for those decieed to the Stapleton
Brothers Ditch in Case No. 5884 in the District Court in and �
for the County of Garfield and State of Colorado. !,
,
(hereinafter called the "Water Rights") .
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' ARTICLE II �
PURCHASE PRICE �
The purchase price for the Water Rights shall be a total of �
eight hundred thousand dollars ($800,000) (hereinafter called the
"Purchase Price«J . '
At the time of execution of this Agreement, Purchaser has
paid to the Seller the sum of $10,000, to be held as earnest
money for the purchase. The deposits shall be held in a trust �
account by Ho2land & Hart for disbursement in accordance with �.
this Agreement. �.
• The remainder of the Purchase Price shall be payable in cash
at closing. '
ARTICLE III
TITLE AND DEED
J At Closing, Seller shall convey good and marketable title to
the Water Rights to Purchaser by Special Warranty Deed except
that 1.28 cfs of the Stapleton Brothers Ditch right will be
conveyed by Bargain and Sale Deed.
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ARTICLE IV �
CLOSING ti•
The Closing of this transaction shall be held within ten .
(10) days after the execution hereof. The Closing may be held �
sooner if so agreed upon by the parties.
At the Closing, Purchaser shall execute and deliver to
Seller certified funds in performance of Purchaser's obligations
under this Agreement, and Seller shall execute the deeds as r
specified in Article III conveying to Purchaser Seller's interest •
in the Water Rights. ,
ARTICLE V �
NOTZCES
Notices, consents, approval or other communications provided
for herein or given in connection herewith shall be deemed given,
made, delivered or served if made in writing and delivered
personally or sent by certified United States mail, return %
receipt requested and postage prepaid, to: �'
Seller: Arthur B. Ferguson, Jr., Esq. ,
Holland & Hart
600 East Main Street �
Aspen, Colorado 81611 !
Purchaser: John Ely, Esq. E
County Attarney, Pitkin County k ;-
530 East Main Street
Aspen, Colorado 81611
Notices may be sent to such other address as either party
hereto may from time to time designate in writing and delivered
in a like manner to the other party.
ARTICLE VI
REMEDIES �.
Time is the essence hereof and, if any payment or condition
hereof is not made, tendered or performed by either Seller or
Purchaser as provided herein, the non-defaulting party may have
such remedies as provided by law including the right to specific '
performance and damages, PROVIDED, however, that prior to Closing
the non-defaulting party may elect to terminate this Agreement �
for breaches and retain the Earnest Money deposited hereunder as
liquidated damages. �.
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ARTICLE VII `
SIICCESSORS AND ASSIGNS ti•
There shall be no assignment of any interest under this
Agreement without the prior written consent of the other party, •
which consent shall not be unreasonably withheld. Upon an
authorized assignment, all of the provisions hereof shall inure
to the benefit of and be hinding upon the successors and assiqns
of Seller and Purchaser. `
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ARTICLE VIII •
WAIVER . -
No delay in 2xercisinq any right or remedy shall constitute �
a waiver thereof and no waiver by Seller or Purchaser of the
breach of any covenant of this Agreement shall be construed as a
waiver of any preceding or succeeding bzeach of the same or any
other covenant or condition of this Agreement.
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� ARTICLE IX t.
� CAPTIONS
�� The captions of the paragraphs hereof are for convenience
� only and shall not govern or influence the interpretation hereof.
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� ARTICLE X
COLORADO LAW
This Agreement shall be governed by the laws of the State of
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Colorado.
ARTICLE XI
FURTHER DOCUMENTS
Seller shall execute and deliver all such documents and
perform all such acts as reasonably requested by Purchaser from
time to time at and after the Closing to carry out the matters
contempiated by this Agreement.
ARTICLE XII
ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the
parties pertaining to the subject matter hereof. All prior and
contempoxaneous agreements, representations and undezstandings of •
the parties, oral or written, are hereby superseded and merged
herein. No change or addition is to be made to this Agreement
except by a written agreement executed by the parties.
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NO WARRANTIES REGARDING OUALITY ti.
Neither party warrants the quality of water which may be
transferable to Purchaser's use.
ARTICLE XIV
REPRESENTATIONS ,.
Seller represents that it has the full right, power and
authority to enter into this Agreement and to convey the Water
Rights. Seller further represents to the Purchaser that there .
are no pending actions, Iitigation, or claims which might give
rise to any court proceeding or contingent claims which would �
adversely affect Seller's title to the Water Rights. Seller
further represents that there are no pledges, restrictions,
stipulations, agreements or judicial decrees which would
adversely affect Purchaser's use of the�Water Rights for its
decreed purpose at the headgate for which it was decreed. Seller
further represents that it has no knowledge of any part of any of
the water rights described for purchase and sale herein having
been intended to be abandoned by Seller or otherwise forfeited,
or having been listed as abandoned, or having been lost by
adverse possession, or are subject to pending claims,
� abandonment, forfeiture, or adverse possession, and that no
application is pending in Water Court, Water bivision No. 5 with
respecC or pertaining to any of these water rights except for
that certain application for a finding of reasonable diligence
that is pending with respect to the Bivert Ditch, Second
Enlargement. In addition, notwithstanding any of the foregoinq
to the contrary, Seller represents that 1.28 cfs of the Stapleton
Brothers Ditch has previously been conveyed to Purchaser as a
part of Purchaser's purchase of a portion of the Aspen Airport
Ranch from Seller and further represents that the subject water
rights are the subject' of those certain agreements with Purchaser
titled "Airport Ranch - Pitkin County Water Use Agreement"
recorded in Book 335 at Page 442 of the Pitkin County records and
"Maintenance and Lease Agreement and Easement Deed" dated
IIecember 15, 1988. The parties further acknowledge that under
such agreements, Purchaser and its agents have had the
responsibility for the use, operation, maintenance and management
of the subject water rights and Seller therefore disclaims any
knowledge or responsibility associated with Purchaser's exercise
of such rights or the effects thereof, if any.
ARTICLE XV
WMMISSIONS
The parties to this Agreement agree that the Water Rights
! are not listed for sale. Each party represents that it is not
' obligated to pay a commission in connection with the sale hereof.
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ARTICLE XVI
SURVIVAL OF CLOSING :r'' '`•>
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All terms and conditions of this Agreement shall survive the •'� '
closing and shall not merge into the deed or mortgage. �
ARTZCLE XVII �'��
COUNTERPARTS
This Agreement may be executed in counterparts and all such
executed counterparts shall together constitute this Agreement, � '
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SELLER: `�`-, - •
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ESTATE OF ELIZABETH H. PAEPCKE, f`�
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DECEASED �'
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$Y= `iv:c,w�i- ' '�r , 1��. :i F
Paula P. ZuYCher, Co-Executor ;:°.1•
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Peter Nitze, Co-Ex utor '
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By: 4� 1.��..�....
. Juli Lewis, Co-Executor
STATE OF � Ii•r i 1�a r�,v' i r-�- �
SS.
COLJNTY OF 5 rT,, ,v>>1 i'� L j f
�_ rThe foreg�ng instrument was acknowledged before me this �
/_�!� day of ,fi rtn � i'l f�Y , 1996, by Paula P. Zurcher as Co-
Executor of the Estate of Elizabeth H. Paepcke, Deceased.
Witness my hand and official seal.
My commission expires: r�=r�i. 9�/�j q �
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STATE OF /�E� ��bJC � ) • �'
) SS. �'' '�^
COUNTY OF /y�W ��oiZ� ) ' �
The foregoing instrument was acicnowledged before me this
�� day oE �!}�ry� vq�[_____, 1996, by Peter Nitze as Co-
Executor of the Estate bf Elizabeth H. Paepcke, Deceased.
Witness my hand and of£icial seal. ?'
My commission expires: 9�3 0/jc . -
N'A'�:Y C,^�STPNZO
Notary f ublic,State of�New York �,
IdC.•�5-"i1R;70
Oualified in ti+lestd:ester County `
CertificaM=i'' ':_�-.i:q:�la Coy9� �� �� i
Commis<_ir..�-r.r.ires.t..S.u�. .
tary�blic
STATE OF )
/J� � ) SS.
COLTNTY OF C:lJ�-K..� }
' ���The for 'ng instrument was acknowledged before me this
day o , 1996, by Julius Lewis as Co^
Executor of tii Estate f Elizabeth H. Paepcke, Deceased.
Witness my hand and official seal. ,
My commission expires:
'�u��0����r���14��A�����1♦
"OFFI�IA.L StAL" : ��"
: JANET SUSSKiNp e �totary Publ.ic
P.!etiry f ubiic.State ot INmcis �
� �y Gcanmus;�n fx;;ires 11/"�0/97�
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THE J. V. SPACHNER-PIARREN TRUST � . .
By� Trustee
Caro e S. Seelen,
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pmerican Nationalo aT=usteeust "
Company of Chicag , .
gy:
STATE OF T� " '= ' ���-' � SS.
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COLTNTY OF , • — �
instrument was acknowledged before me this
The £oregoing 199•r�: by Carole S. Seelen as
i � day o£ :__-- ' ' �` '
Truscee of The J. V. Spachner-Warren Trust.
Witness my hand and official seal.
My commission expires: �
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ti`'f f''r eaE��.a.�voa , .,� .. .: � , i-" r,/L ;L•+/-...t
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. �'?era"' B0D'8azsere Tlotary Pu'b..ic
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STATE OF � SS.
COTSNTY OF �
for
The foregoing instrument'wi995ckn�yWledged before me this
day of P y of Chicago as Trustee of
AmericaV NStachnerBWarrenTTrustCont an
The J. P .
Witness my hand and official seal.
My commission expires:
Not ublic '
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STATE OF �'��•r� �1.ti� )
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COUNTY OF L���\c .� )
The foregoing instrument was acknowledged before me this r-�'
� � day of � .c:,� a•z..� , 199�, by carole S. Seelen.
Witness my hand and official seal. `
My commission expires:
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y�, ,�y l" MY Cortrewion CG)4603 - . /. �
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ZIiOiI 1►7.L AYN BY THSBE PRBBSNTB, that We, Paula P. Zurcher, Petar ,�'" `'�
Nitze, and Julius Lawia as Co-EXecutors of the Eetate of ' �`�
Elizabath H. Paepcke, Deceased, Cazol s. Seelen and Americen .r.'
Nntional Bank & Truat Company of Chicago ae Truetees oP The J.V. . � .
Spachner-Warren Trust, and Carol S. Seelen, individually, for the -
consideration of ten dollare and other qood and valuable i �"
coneideration, in hand paid, hereby sall and convey to the Hoard
of County Commisaioners, Pitkin County, 9tata oP Colorado, whose -
legal addrees is 506 Baet Main Street, Aepen, Colorado 81611,
County of Pitkin, and State oP Colorado, the following water � .��:;;.�
righte in the County oY Pitkin and State oP Colorado, to wit:
� :'
1.2B cfs of thnt water right evidenced by decree to the �`: - "
Stapleton Brothere Ditch, Prlority No. 269, with an •
� appropriation date af June 30, 1904, decreed on october 16, i.. ,
? 1933, ior 8.0 efs, for irrigation purposes, from Maroon ��
Creek; 'r: �
��'
and such other Water rights that are appurtenant to or have �
historically been used upon or in connection with the Aspan � .:
Airport Ranch as descrlbad in those certain documents / '-
recorded in BooY.�O at Paqa 9�3 and Book� at Page(��D of ' �y '
� the official recorde of Pitkin County,� Coloz`ado, except for �
1�'.'
those water rights decreed to the Stapleton Brothers Ditch N
in CaBe No. 5884 in the D16t[ict Court in and for the County �
of GarPield and State of Colorado. y
with all their appurtenances. `
Signed and delivered this /�[� day of J � 1996.
i ESTATE OF ELIZABETH H. PAEPCKE,
I DECEASED
, r _,
BY: �✓�,r.�,�r . �,� ��_
Paula P. Z ch , Co-Executor �
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i •Peter N tze, Co-Exe utor
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By: � .._ � p .
Jul Lew s, Co-$xecutor �
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REC DOC UCC
390214 02/26/4E 03:41F PG 1 OF 5 �;
SILVIR DRVIS PITKIN COUNTY CLERK 8 RECORDER 0.00 �-0e' }';'
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STATE Ofi �Atiri�onN�� ) ' '`�`,•
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The foregoing instrument was acknowledged before me this
� ��L day of �Ft/fJi�i /t�'` � 1996, by Paula P. Zurcher as Co- .
Execator of the Estate of E1 zabeth H. Paepcke, Deceased.
Witness my hand and officia2 seal.
My commission explres; `!�n�. v�199 L
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STATE OF ��t,J �/e Z* )
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COUNTY OF ���pj2�i' )
The foregoing instrument was acknowladged before me this
,�_ day of c�� ,�� , 1996, by Peter Nit2e as Co-
Executor of the Estat of Elizabeth H. Paepcke, Deceased.
Witness my hand and official seal. , •����•'^^+,,
, � ��•(��.r..�%�'
My commisa�ers�A?r�'n.� q�3�tL ,:���;-,.. ....''. ,.
'NOtary Public,State of�New York ��:' ����
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STATE OF j
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C�UNTY OF )
Tne for ng instrument was acknowledged before me this
�7�-day , 1996, by Julius Lewis as Co-
Executor of t Estate f Elizabeth H. Paepcke, Deceased.
Giitness my hand and officia2 seal.
My commission expires:
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� `GFf'IC[AL SEhC' : _ _
: JAPJET SUSSKWO ; i�ary Public
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THE J. V. SPACHNER-WARREN TRUST
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Carole S. Seelen, Trustee
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A The foregoing instrument was acknowledged before me this j,
�uq day of , 1995, by Carole S. Seelen as
Trustee of The J. V. Spa ner-Warren Trust. �'
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Witness my hand and offfcial seal. �'
My commission expires: �
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The foregoing instrument was acknowledged before me this a
day of , 1995, by for
I American National Bank & Trust Company af Chxcago as Trustee of '
The J. V. Spachnei-Warren Trust.
jWitness my hand and official seal.
� My commission expires: .
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Caro2e S. Seelen, Trustee • ".
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American National Hank & Trust �,.:�
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The foreqoing instrument was acknowledged before me this '�!��I
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The foregoing instrument was acknowledged before me this
day of , 1995, by for �
American National Bank & Trust Company of Chicaqo as Trustee of
The J. V. Spachner-warren Tiust.
Witness my hand and official seal. '
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The foreqoinq instrument was acknowledged before me this
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My commission expires:
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