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HomeMy WebLinkAboutbocc.con.219.2013 __ _ _ . RECEPTION#: 601973, 07/30/2013 at Eagle County, Co 'LO1$O1 SSJ 11:23:40 AM, t OF 30, R $0.00 Doc Code EASEMENT Teak J Simonton 01l29/2013 Janice K. Vos Caudill, Pitkin County, CO P9s: 30 09:34:13 AM REC: $0.00 DOC: $0.00 DEED OF CONSERVATION EASEMENT (RED RIDGG RANCH PARCEL) NOTICE: THlS PROPERTY lNTEREST F/AS 13LEN ACQUIRED IN PART WITH GRANT#12410 ("CRANT') FROM THE STATE BOARD OF THE GREAT OUTDOORS COLORADO 7RUST FUND ("BOARD"). T/-//S DEED OF CONSERVAT/ON EASEMENT CONTA/NS RESTRICTIONS ON THE USE AND DEVELOPMENT OF THE PROPERTY WH/CH ARE /NTENDED TO PROTECT /TS OPEN SPACE AND OTHER CONSERVATION VALUES. THE BOARD HAS FOUND T/�AT TF/IS DEED OF CONSERVAT/ON EASEMENT PROV/DES l3ENEF/TS THAT ARE IN 7HE PUBL/C lNTEREST. � THIS DEED OF CONSGRVATION EASGMENT ("EasemenP') is made this ph 4� d. day of January, 2013, by Board of County Commissioners of Pitkin County, 530 East �� Main Street, Aspen, Colorado 81611 ("Grantor"), in favor of Eagle County, Colorado, � PO Box 850, Eagle, Coloradq 81631 and the Town of Basalt, 101 Midland Ave., Basalt, � y Colorado 81621 (collectively, "Grantees", individually, `'Co-Holder"). UThe followin exhibits are attached hereto: .� ,� g conm�acr� , ao� . � � Exhibit A: Legal Description oFthe Property � � Exhibit B: Map of the Properiy � Exhibit C: Baseline Attestation � �` c�. Exhibit D: Exceptions to Title(Pitkin County Title Case No. PCT23683 W 5 � �6 Schedule B-2) ,APPROV�e� � � �� Exhibi[ E: Description of Water Rights ORDINA�VCE � v RECITALS: # DO �I. o2O /z- C � A. Grantor is the sole owner in fee simple of approximately 145.864 acres of � � real property located in Eagle County, Colorado, known as Red Ridge Ranch and more , particularly described in Exhibit A attached hereto and generally depicted on the map attached hereto as Exhibit B, both oFwhich are incorporated herein by this reference (the "Property") B. The Yroperty possesses natural, scenic, open space, agricultural, and ecological values (collectively, "Conservation Values") oPgreat importance to Grantor, the people of Pitkin and Gagle Counties, the people of the Town of Basalt, and the people of the State of Colorado. [n particular, the Property contains the following characteristics which are also included within the definition of Conservation Values: i. Agricultural: "Che Property is located in a rural, agricultural area of Eagle County, where development in the vicinity of the Property threatens to degrade the rural and scenic character oPthe area. Open space and , agricultural land is increasingly being lost to exurban sprawl in the Red Ridge Ranch Conservation Easemenl � . January 29,2013 - 6US RF.A4d44281.1 Roaring Fork Valley and particularly around the Town of Basalt and Emma area. The Property possesses 45 acres of fertile irrigated fields with 24,500 appurtenant shares in the Home Supply Ditch, which comprise superior agricultural lands that are a part of the historic' agricultural production of the Emma area of Eagle and Pitkin Counties, Colorado; ii. Ecological: The Property hosts a high diversity of wildlife habitat. Portions of the Property have been mapped as overall range, winter range, and winter concentration areas for elk (Cervus canadensis) and mule deer (Odocoileus hemionus) and further mapped as critical and severe winter range and summer range for mule deer. The irrigated hay fields on the Property provide grassland habitat for a variety of birds including the mountain bluebirds (Sialru currucoides), vesper sparrows (Pooecetes gramitteus), westem kingbirds (Tyrannus verticalis), and western meadowlarks (Sturnella neg[ectu). The Colorado Natural Heritage Program (CNHP) has included the southwestern porlion of the Property within The Crown Proposed Conservation Area(The Crown). The Crown received a biodiversity ranking of B2-Very high significance because of the excellent occurrence of globally rare species by the CNHP; iii. Scenic: Protection of this PropeRy will preserve an impor[ant viewshed and open space asset in the Roaring Fork Valley. Development of[he Property would impair the scenic character of the local rural landscape since the agricultural land uses of this Property are consistent with the agricultural uses of other land in the vicinity. Red Ridge Ranch is visually appreciated by residents and visitors alike from the Rio Grande Trail, Hooks Spur Rd., State Highway 82, and recreationists utilizing the Crown; iv. Recreation: The Property will be made widely available to the general public for non-motorized seasonal recreational use along designated trails and potentially for occasional educational programs for the benefit of the public. Anticipated trails will enhance the existing recreational trail networks of Eagle and Pitkin County, the Town of Basalt, and the unincorporated area of EI Jebel by providing links between the Rio Grande Trail and the Crown trail networks; v. Open Space: The Property possesses important open space values in the heart of the Emma area whose contiguity with BLM lands known as the Crown and several conservation easements in the mid-Roaring Fork Valley compile over ]0,000 acres of protected landscape. C. Grantor intends that the Conservation Values be preserved and protected, and that any uses be prohibited that would substantially diminish or impair the Conservation Values or that otherwise would be inconsis[ent with the Purpose of this Red Ri�ge Rench Conservalion Casement 2 January 29,2013 BUS RE\4444281.1 Easement, as defined in Paragraph 1 below. The parties acknowledge and agree that uses expressly permitted by this Easement and the current land use patterns, including, without limitation, those relating to grazing of horses or livestock existing at the time of this grant, do not significantly impair or interfere with Ihe Conservation Values and are consistent with the stated Purpose of the Easement. D. Grantor further intends, as the owner of the PropeRy, to convey to Grantees the right to preserve and protect the Conservation Values in perpetuity. E. Grantees are publicly supported, tax-exempt government organizations. F. Grantees are also charitable organizations as required under C.R.S. § 38- 30.5-101 et seq., which provides for conservation easements to maintain land and water ' in a natural, scenic or open condition, for wildlife habitat, ar for agricultural and other uses or conditions consistent with the protection of open land in Colorado. G. Funding for this project has been provided in part by the Great Outdoors Colorado Trust Fund program. The voters of the State of Colorado by adoption of Article XXVII to the Constitution of the State of Colorado, the legislature of'the State of Colorado by adoption of enabling legislation, and the Board, by adopting and administering competitive grants application and rigorous due diligence review processes, have established that it is the policy of the State of Colorado and its people to preserve, protect, enhance and manage the state's wildlife, park, river, trail and open space heritage, to protect critical wildlife habitats through the acquisition of lands, leases . or easements, and to acquire and manage unique open space and natural areas of statewide significance. H. Grantees agree by accepting this Easement to preserve and protect in perpetuity the Conservation Values for the benefit of this and future generations. NOW, THEREFORE, in consideration of the above and the mutual covenants, terms, conditions, and restrictions contained herein, and pursuant to the laws of the State of Colorado, and in pariicular C.R.S. § 38-30.5-101 et seq., Grantor hereby voluntarily grants and conveys to Grantees a conservation easement in gross in perpetuity over the Property, of the nature and character and to the extent hereinafrer set forih. 1. Purpose. The purpose of this Easement is to ensure the Conservation Values are preserved and protected in perpetuity ("Purpose„). This Purpose is in accordance with §170(h) of the Internal Revenue Code of 1986, as amended, and the Treasury Regulations adopted pursuant thereto. The intent of the parties is to permit acts on and uses of the Property that are consistent with the Purpose and to restrict or prohibit uses of the Property that are not consistent with the Purpose ("Intent"). In this Easement "Consistent with the Purpose" shall mean acts on and uses of the Property that have a positive impact, neutral impact, or no impact on the Conservation Values as determined by Grantees in their reasonable discretion. Notwithstanding the foregoing, nothing in this Ked Ridge Ranch Conservation Eucment 3 January 29,2013 BUS Rt\4444281.1 . Easement is intended to compel a speciYic use of the PropeRy, such as agriculture, other than the preservation and protection of the Conservation Values. 2. Baseline Documentation Report. The parties acknowledge that a written report has been prepared, reviewed, and approved by all parties which documents the Property's condition as of the conveyance date of this Easement (the `Baseline Report"). A copy of the Baseline Report shall be kept on file with all parties and by this reference made a part hereof. The parties acknowledge that the Baseline Report is intended to establish the condition of the Property as of the conveyance date of this Easement, and all parties have acknowledged the same in a signed statement, a copy of which is attached hereto as Exhibit C. The paRies further agree that the exisfence of the Baseline Report shall�in no way limit the parties' ability to use other periinent information in resolving any controversy that may arise with respect to the condition of the Property as of the conveyance date of this Easement. 3. Ri¢hts of Grantees. To accomplish the Purpose of this Easement, the following rights are hereby conveyed to Grantees: a. To preserve and protect the Conservation Values; b. To enter upon the Property at reasonable times to monitor Grantor's compliance with and, iP necessary, to enforce the terms of this Easement; provided that such entry shall be upon prior reasonable notice to Grantor, and Grantees shall not unreasonably interfere with Grantor's use and quiet enjoyment of the Property; c. To prevent any activity on or use of the PropeRy that is � inconsistent with the Purpose of this Easement and to require the restoration of such areas or features of the Property that may be damaged by any inconsistent use; and d. To have all other rights conveyed by this Easement. 4. Reserved Ri h�ts. Grantor reserves to Grantor, and to Grantor's personal representatives, heirs, successors, and assigns, all rights accruing from Grantor's ownership of the Property, including the right to engage in or permit or invite others to engage in all uses of the Property that are not prohibited or restricted herein and that do • not substantially diminish or impair the Conservation Values. Grantor retains the right to comply with 42 U.S.C. §§12101 et. sey. as applicable and in accordance with the Conservation Values and consistent with the Purpose of this Easement. Withoul limiting ' the generality of the foregoing, the Grantor reserves the right to engage in the following activities, so long as they are undertaken in compliance with applicable local, state and federal laws and regulations and pursued in a manner that does not substantially diminish or impair the Conservation Values: a.) Agriculture. Grantor retains the right to conduct agricultural operations on the , Property, and to lease lands with appurtenant Water Rights for agriculture, in a manner consistent with sound farming and range management practices so as not � Red Ridge Ranch Cunservation EasemeN 4 January 29,2013 BUS_RE\4444281.1 . � � to cause significant soil erosion or low soil quality. Permitted agricultural . operations include grazing and raising of horses and livestock, maintenance of existing pasturelands, cultivation and raising of crops, and all other agricultural activities not inconsistent with protection of the long-term ecological viability of the land. The following agricultural practices are considered inconsistent with the Purposes of this Easement, and are therefore prohibited on the Property: (1) commercial feed lots, defined as confined azeas or facilities within which the Property is not . grazed or cropped annually for purposes of extended feeding and finishing of large numbers of livestock for commercial reception and feeding of livestock, and other intensive growth livestock farms, such as dairy, swine, or poultry farms; (2) clearing or conversion of native rangeland or habitat to create new pastures; (3) tree 1'arms, sod farms, nurseries, fish hatcheries or aquaculture; (4) commercial equestrian boarding. If agricultural operations on the Property cease in the future, Grantor agrees to reseed heavily disturbed areas and take other measures necessary to establish native or non-invasive ground cover to prevent the spread of noxious weeds. The parties agree that agricultural operations may resume at any time thereafrer. b.) Reserved Development Rights. i.) Activiry Envelope. Grantor retains the right to construct a structure or structures not to exceed a total of 2,000 squaze feet in floor azea, to be used for a residence or facility that complements the operations of the Property and in compliance with the Management Plan described in Pazagraph 6' Such structures will be.located within a five(5) acre Activiry Envelope ("Activitv Envelope") to be located in the vicinity of the former Glassier homesite, as identified on Exhibit B, or in another location mutually agreed on by all parties provided that such Activity Envelope is located along the access road identified in Exhibit B, and the relocation does not result in � substantial impacts to the Conservation Values. ii.) Utilities. This Easement is granted subject to existing utiliry lines and easements described in Exhibit D. Grantor reserves the right to establish utilities to serve the Activity Envelope, provided that such envelope shall be located either along an existing road or in a location approved by Grantees. rii.) Agricultural Structures. Grantor retains the right to eonstruct, replace, enlarge, relocate and maintain structures for agricultural purposes (such as hay sheds, loafing sheds or water tanks). No covered agricultural structures shall be constructed in the wetlands, riparian areas, or upland hills of the Property. Red Ridge Ranch Conservation Hasement 5 January 29,2013 13U5_RE\4444281.1 . . iv.) Irri�ation Improvements. All existing ditch or irrigation structures, and other improvements are generally iden[ified on the map attached hereto as Exhibit B. With Grantees' approval, existing ditch or irrigation structures, and improvements may be replaced and reasonably enlarged in their current locations or other such locations that Grantees determine.do not substantially diminish or impair the Conservation Values. Grantor may maintain and repair existing ditch or irrigation sYructures and improvements without Grantees' approval. Grantor intends to replace portions of the irrigation system in order to separate delivery of water for Parcel 2 of the Red Ridge Ranch Subdivision, and may make other modifications to the system to improve its efficiency. Such modifications � aze deemed consistent with the Purposes of this Easement To the extent practical, any area which is disturbed by irrigation improvements must be revegetated and restored to a natural condition promptly afler completion of the irrigation improvements. v.) Recreational Structures. Low-impact recreation structures, including but not limited to benches, picnic tables, open-sided shade or rain shelters, public restrooms or port-a-pots, and interpretive signage for public use, enjoyment or education ara permitted on the Property in a location and manner consistent with the Purposes of the Easement. All recreational structures will be constructed in accordance with the Management Plan and will be consistent with the Purposes and terms of this Easement. Athletic fields, golf courses or ranges, race tracks, airstrips, helicopter pads, and shooting ranges are prohibited. vi.) Trails. Grantor reserves the right to'develop natural-surfaced recreational trails not to exceed ]0 feet in width for non-motorized, non-commercial recreational uses including; hiking, biking, horseback riding, cross country skiing, snowshoeing, guided tours, outdoor or agricultural education programs, and other public uses specified in the Management Plan, which use Grantor may restrict as provided in Paragraph 12. ' vii.) Fencina. Grantor may maintain; repair, and replace existing fences and erect new fences on the Proper[y, provided such new or replaced fencing is consistent with then-current Colorado Parks and Wildlife ("CPW") guidelines for fencing in a wildlife migration area so as to permit the movement of wildlife across the PropeRy, and is consistent with the Purposes of this Easement. viii.) Mobile Homes Af t6e time of conveyance of this Easement, two mobile homes exist on the Property, in locations identified on Exhibit B. Residential use of these mobile homes may continue unti An,u. 29 2014. B� wr 2 , 2014, the mobile homes and all associated struct res shall be remo ed. After the mobile homes are removed, Grantor may restore the area with native vegetation, or to agricultural use, or may seek to Rcd 12idge Ranch Conscrvalion Casemen[ � Jnnu,�ry 29,2013 � BUS RE\4444281.1 relocate the activity envelope to this vicinity. Grantor shall notify Grantee when the mobile homes are removed. c.) Forest and Ve�etation Mana e�. Selective cutting, thinning and buming of trees and vegetation on the Property is permitted to control fire danger, insects, disease and weeds; to prevent personal injury and property damage; for construction of permitted fences, trails, roads or structures; or to maintain the health of the wildlife habitat or ecosystem. Clear cutting or any management activities performed for commercial purposes, or with the potential to damage riparian areas, contribute to erosion, or negatively impact the scenic or wildlife Conservation Values of the Property are prohibited. Reforesting or re-vegetation of the Property is permitted so long as reforesting and re-vegetation does not substantially diminish or impair the Conservation Values. d.) Recreation. Public non-motorized recreational uses of the Property along designated routes and to public facilities, and as otherwise described in the Management Plan provided for in Paragraph 6. e.) Sienaee. Signs informin� the public of funding partners that participated in the pwchase oP the Property, directing the public to facilities and recreational access points on the Property, and relating to agricultural activities on the Property are permitted. No signs shall significantly diminish or impair the Conservation Values. £) Weed Control. Grantor agrees to control noxious weeds and invasive plant species on the Property in accordance with the Colorado Noxious Weed Act, C.R.S. §§ 35-5.5-]O1 et seq. as amended, and other applicable laws, and shall not intentionally introduce noxious weeds or invasive species to the Property. 5. Prohibited and Restricted Uses. Any activity on or use of the Property inconsistent with the Purpose of this Easement is prohibited. Without limiting the generality of the foregoing, the following activities and uses are expressly prohibited, or restricted as set forth below: a. Development Rights. To fulfill the Purpose of this Easement, Grantor hereby conveys to Grantees all development rights deriving from, based upon or attributable to the Property in any way ("Grantees' Develo ment Ri hts"), except those � expressly reserved by Granror herein, and the parties agree that Grantees' Development Rights shall be held by Grantees in perpetuity in order to fulfill the Purpose of this Easement, and to ensure that such rights are forever released, terminated and extinguished as to Grantor, and may not be used on or transferred off of the Property to any other property or used for the purpose of calculating permissible lot yield of the Property or any other property. The construction of any building, structure or other improvement, except as permitted in Paragraph 4(b), is prohibited. Rcd Ridgc Ranch Conscrvution Easemcnt � January 29,2013 BUS_RE\4444281.I b. Subdivision. The parties agree that the division, subdivision or de facto subdivision of the Property, whetber by legal or physical process, into two or more parcels of land or partial or separate interests is prohibited. At all times the Property shall be owned and conveyed as a single parcel which shall be subject to the provisions of this Easement. Ownership of the single parcel by joint tenancy or tenancy in common is permitted; provided, however, that Grantor shall not undertake any legal proceeding to � partition, subdivide or divide in any manner such undivided interests in the single parcel. c. Timber HarvestinQ. Commercial timber harvesting is prohibited. Trees may be cut to control insects and disease, to control invasive non-native species and to prevent personal injury and properiy damage, and as permitted in Paragraph 4(c). d. Mining. (1) The exploration, mining, or extraction of minerals, oil, gas, or other hydrocarbons, soils, sands, gravel, rock, or other materials on or below the surface of the Property by Grantor is prohibited. Grantor, its heirs, successors, transferees or assigns shall not transfer, lease ar otherwise separate the soil, sand, gravel, rock, oil, natural gas, fuel or any other mineral substance from the PropeRy. A minerals assessment repoR was completed by Rare Earth Science dated September 5, 2012. The report concludes that, as of the date of this Easement, the probability of extraction or removal of minerals from the Property by any surface mining method is so remote as to be negligible. (2)Notwithstanding any of the 1'oregoing to the contrazy, soil, sand, gravel or rock may be extracted upon written notice to but without further permission from Grantees, so long as such extraction is solely for use on the Property for non-commercial purposes, is in conjunction with activities permitted herein, is accomplished in a manner which is consistent with the Purpose of this Easement, and does not substantially diminish or impair the Conservation Values. Any such extraction shall be limited to an area less than one-half acre in size at any given time. Any area which is disturbed by extraction must be re-vegetated and restored to a natural condition promptly afrer completion of extraction. e. Pavine and Road and Trail Construction. No portion of the Property shall be paved or otherwise covered with concrete, asphalt, nor any other paving material, nor any new road constructed without Grantees' approval. The existing road identified on Exhibit B may be improved or expanded as permitted by the Access, Utilities and Irrigation Structures Easements Agreement recorded at Reception No. �0)3 01 fr Sb of Eagle County Records on January Zq , 2013. The new trail identified on Exhibit B, and other new trails identified in the Management Plan, may be constructed, improved, repaired or replaced in accordance with Paragraph 4(b). f. 1'rash. The dumping or accumulation of any kind of trash or refuse on the Property, including but not limited to household trash and hazardous chemicals, is prohibited. Limited dumping or accumulation of other farm-related trash and reFuse Rcd Ridge Ranch Conservation Eascmcnt g January 29,2013 I3US_RE\4444281.1 produced on the Property is permitted, provided that such dumping does not substantially diminish or impair the Conservation Values, and is confined within a total area less than one-quarter acre in size at any given time. This paragraph shall not be interpreted to prevent the storage of agricultural products and by-products on the Property in accordance with all applicable government laws and regulations. g. Motorized Vehicles. Motorized use of the existing road is permitted. Motorized vehicles may be used only in conjunction with activities permitted by this Easement and in a manner that does not substantially diminish or impair the Conservation Values. Off road vehicle courses for snowmobiles, all-tenain vehicles, motorcycles, or other motorized vehicles are prohibited. h. Commercial or Industrial Activitv. (1) No industrial uses shall be allowed on the PropeRy. (2) Commercial uses are prohibitcd except in compliance with the Management Plan and as approved by Grantees pursuant to Paragraph 7, provided that such approval is based on a finding that such activities do not significantly impact the Conservation Values 1 of the Property, and those that are customary to agricultural operations including but not limited to Community Supported Agriculture, community gardens, agricultural educational programs or other agricultural activities that are consistent with the Purpose of this Easement. Any agricultural structure associated with such commercial agricultural operations must be approved by Grantees, provided that such approval is based on a finding that such activities do not significantly impact the Conservation Values of the Property. i. Sienaee or Billboards. No signs or billboard shall be displayed or placed on the Property, except as permitted by Paragraph 4(e). . j. Water Ri�hts: (1) Water Rights Included. The Property includes any and all water and water rights beneficially used on the Property that are owned by the Grantor including surface water rights and groundwater rights, whether tributary, nontributary or not-nontributary, decreed or undecreed, and all ditches, head gates, springs, reservoirs, water allotments, water shares and stock certificates, contracts, units, wells, easements and rights of way associated therewith (the "Water Ri h�ts") including, but not limited to; those water rights or interests specifically described in Exhibit E attached hereto. Some or all of the Water Rights are represented by shares in a mutual ditch or reservoir company. Grantor has provided sixty (60) days notice in accordance with the applicable requirements of the mutual ditch or reservoir company, including but not limited to its articles of incorporation and bylaws, as required by C.R.S. 38-30.5-104(5), prior to Red Ridge Ranch Conservation F:uement (� January 29,2013 l3US_RE\4444281.1 - granting this Easement. The parties agree that it is appropriate to include the Water Rights in this Easement pursuant to C.R.S. § 38-30.5-102. Grantor shall retain and reserve the right to use the Water Rights or that portion sufficient to maintain and improve the Conservation Values, and shall not transfer, encumber, lease, sell or otherwise separate water rights necessary and sufficient to maintain and improve the Conservation Values from title to the PropeRy. (2) Permitted Water Uses. Grantor shall have the right to continue recent historic use of the Water Rights on the Property for inigation, agricultural purposes, and protection and preservation of the Conservation Values. � (3) Restrictions on Water Ri h�ts. The Water Rights may not: (1) be changed to or used for municipal, industrial, or commercial uses or any other new uses; (2) be changed for use other than on the Property; (3) be sold or legally separated from Ihe Property; or (4) be changed via a change in point of diversion, quantity, or type or place of use, except upon receipt of the Grantees' written determination that such changes are consistent with the Purposes of this Easement. (4) Protection of Water Ri�. If Grantor fails to continue the recent historical use of the Water Rights on the Property in such a way that the Water Rights should become subject to a threat of abandonment, by action or inaction, Grantor shall provide the Grantees a copy of any written notice received from any s[ate water official concerning the use, or possible abandonment, of the Water Rights. If the Grantees discover that the Water Rights are subject [o a threat of abandonment, the Grantees shall give Grantor written notice of such [hreat. If, and only if,Grantor fails to cure the threat of abandonment within 90 days of receiving such notice from the Grantees or state, the Grantees shall, in addition to any other remedies available to the Grantees under this Easement or law, have the right, but not the obligation, to: (1) enter upon the Property and undertake any and all actions reasonably necessary to continue the historical use of the Water Rights; (2) seek removal of the Water Rights from the decennial abandonment list (3) seek to change the Water Rights to another use consistent with the Purposes of this Easement; and (4) sell, lease or otherwise convey all or part of such Water Rights to the Colorado Water Conservation Board or other then-qualified entity for the specific conservation purpose of protecting or enhancing instream flows or water levels in streams, rivers, lakes and/ar reservoirs. Grantor agrees to cooperate in any manner necessary to accomplish the Grantees' election, which may include authorizing the Grantees to file for and obtain any administrative or judicial approvals. (5) Effect of Loss. No loss of Water Rights through injury or abandonment, or conversion of the Water Rights as set forth above, shall be considered a severance of the title to the Water Rights from the Property or as basis for extinguishment of this Easement. (6) Instream Flow Use of Water Rights. The parties recognize that certain environmental conditions, such as drought may pose a greater threat to the environmental quality and ecological diversity of streams, rivers, lakes and reservoirs , Red Ridge Rtmch Conservation Easement 1 Q � January 29,2013 I3US RE\4444281.1 than to the Conservation Values. The parties therefore agree that Grantor may enter into water leases, contracts, emergency water loans, or similar agreements with the Colorad0 Water Conservation Board or other entity for conservation purposes to increase instream flows and/or water levels in streams, rivers, lakes, and/or reservoirs, provided that the Grantees have given their approval to such arrangements. k. Alternative EnerQy. The installation of alternative energy improvements including wind turbines, photovolatic panels, biofuel plants or other clean energy technologies may occur within a two (2) acre area within the Activity Envelope to support uses permitted on the PropeRy (and not for third paRy uses and needs) and as approved by Grantees pursuant to Paragraph 7 of this Easement. The design and location of such improvements within the Activity Gnvelope shall minimize impacts to the Conservation Values. Any limited renewable energy generation systems proposed for the Property must be sized to support permitted uses on the Property and not third party uses or needs. Any incidental excess energy not consumed by Grantor may be sold, conveyed or credited to a provider of retail service to the extent permitted by Colorado law. � 6. Land Manaeement/ Management Plan. To facilitate periodic communication between Grantor and Grantees about management issues that may impact the Conservation Values, the Property shall be operated and managed in accordance with a "Management Plad'jointly prepared by Grantor and Grantees. The Management Plan, which plan shall be initially agreed upon within one year of the date of this Easement and shall be reviewed at least every five years thereafrer and updated if any party determines an update is necessary. A copy of the final Management Plan shall be provided to the Board by the parties. 7. Grantor Notice and Grantees Approval. The purpose of requiring Grantor to notify Grantees prior to undertaking certain permitted activities is to afford Grantees an opportunity to ensure that the activities in question are designed and carried out in a manner consistent with the Purpose of this Easement. Whenever notice is required, Granror shall notify Grantees in writing not less than sixty (60) days prior to the date Grantor intends to undertake the activity in question. The notice shall describe the nature, scope, design, location, timetable, and any other material aspect of the proposed activity in sufficient detail to permit Grantees to make an informed judgment as to its consistency with the Purpose of this Easement. Where Grantees' approval is required, Grantor shall not undertake the requested activity until Grantor has received Grantees' approval in writing. Grantees shall grant or withhold its approval in writing within sixty (60) days of receipt of Grantor's written request therefor and submittal of sufficient supporting details as described above, and Grantees' failure to approve Grantor's proposed activities during such period of time shall constitute a withholding by Grantees of Grantees' approval. Grantees' approval may be withheld only upon Grantees' reasonable determination that . the activity as proposed would substantially diminish or impair the Conservation Values or would be inconsistent with the Purpose of this Easement. Rcd Ridge Ranch Conservation I:asemen[ 1 1 January 2Q 2013 � BUS RE\4444281.1 8. Enforcement. If Grantees find what is believed to be a violation of this Easement, Grantees shall immediately notify Grantor and the Board in writing of the nature of the alleged violation. Upon receipt oP this written notice, Grantor shall either: a. Restore the Property to its condition prior to the violation; or b. Provide a written explanation to Grantees of the reason why the alleged violation should be permitted, in which event the parties agree to meet as soon as possible to resolve their differences. If a resolution cannot be achieved at the meeting, the parties agree to meet with a mutually acceptable mediator to attempt to resolve the dispute. Grantor shall discontinue any activity that could increase or expand the alleged violation during the mediation process. Should mediation fail to resolve the dispute, Grantees may, at its discretion, take appropriate legal action. When, in Grantees' opinion, an ongoing or imminent violation could ineversibly diminish or impair the Conservation Values, Grantees may, at any co-holder's discretion, take appropriate legal action without pursuing mediation. If a court with jurisdiction determines that a violation is imminent, exists, or has occuned, Grantees may get an injunction to stop such violation, temporarily or permanently. A court may also issue an injunction to require Grantor to restore the Property to its condition prior to the violation. The Board shall in no event be required to parlicipate in any mediation. 9. Costs of Enforcement.' Any costs incurred by Grantees in enforcing the terms of this Easement against Grantor, induding, without limitation, costs of suit and attorneys' fees, and any costs of restoration necessitated by Grantor's violation of the terms of this Easement shall be borne by Grantor. If Grantor prevails in any action to enPorce the terms oF this Easement, Grantor's costs of suit, including, without limitation, attorneys' fees and expenses, shall be borne by Grantees. ]0. No Waiver or Estouvel. Forbearance by Grantees to exercise their rights under this Easement in the event of a violation of any term shall not be deemed or construed to be a waiver by Grantees of such term or of any subsequent violation of the same or any other term of this Easement or of any of Grantees' rights under this Easement. No delay or omission by Grantees in the exercise of any right or remedy upon any violation by Grantor shall impair such right or remedy or be construed as a waiver. Grantor hereby waives any defense of laches, estoppel, or prescription, including the one year statute of limitations for commencing an action to enforce the terms of a building restriction or to compel the removal of any building or improvement because of the violation oPthe same under C.R.S. § 38-41-119, et sey. 11. Acts Beyond Grantor's Control. Nothing contained in this Easement shall be construed to entitle Grantees to bring any action against Grantor for any injury to or change in the Property resulting from causes beyond Grantor's control, including, without limitation, fire, flood, storm, and earth movement, ar from any prudent action taken by Grantor under emergency conditions to prevent, abate, or mitigate significant injury to the.PropeRy resulting from such causes. Notwithstanding the foregoing, the Grantor shall take reasonable efforts to prevent third parties from performing, and shall Red Ridge Ranch Conservation Euemenl 1 Z January 29,2013 BUS �RE\4444281.1 not knowingly allow third parties to perform, any act on or affecting the Property that is inconsistent with the Purpose of this Easement. . 12. Access. The general public shall have access to the Property, subject to any restrictions or regulations imposed in the Management Plan by or as otherwise mutually agreed on by the parties as necessary and appropriate to protect public health and safety (including closures during construction, maintenance, or for emergency or administrative purposes), and to protect the Property's scenic and natural Conservation Values (including seasonal closures to protect big game migration corridors and winter range). � 13. Costs and Liabilities. Grantor retains all responsibilities and shall bear all costs and liabilities of any kind related to the ownership, operation, upkeep, and maintenance of the Property, including weed control and eradication and including the maintenance of adequate comprehensive general liability insurance coverage. Grantor shall keep the PropeRy free of any liens arising out of any work performed for;materials ' furnished ro, or obligations incurred by Grantor. 14. 1'axes. Grantor shall pay before delinquency all taxes, assessments, fees, • and charges of whatever description levied on or assessed against the Property by competent authority (collectively "taxes"), including any taxes imposed upon, or incurred as a result of, this Easement, and shall furnish Grantee with satisfactory evidence of � payment upon request. ' I5. Hold Harmless. Grantor shall hold harmless, indemnify, and defend Grantees and the Board and the members, directors, officers, employees, agents, and contractors and the-heirs, representatives, successors, and assigns of each of them (collectively `9ndemnified Parties") from and against all liabilities, penalties, costs, losses, damages, expenses, causes of action, claims, demands, or judgments, including, without limitation, reasonable attorneys' fees, arising from or in any way connected with: (1) injury to or the death of any person, or physical damage to any property, resulting from any act, omission, condition, or other matter related to or occurring on or about the Property, regardless of cause, unless due solely to the negligence of any of the Indemnified Parties; (2) the obligations specified in Paragraph 9 herein; and (3)the presence or release of hazardous or toxic substances on, under or about the Property. For the purpose of this paragraph, hazardous or toxic substances shall mean any hazardous or toxic substance that is regulated under any federal, state or local law. Without limiting the foregoing, nothing in this Easement shall be construed as giving rise to any right or ability in Grantees or the Board, nor shall Grantees or the Boazd have any right or ability, to exercise physical or managerial control over the day-to-day operations of the PropeRy, or otherwise to become an operator with respect to the Property within the meaning of The Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended. 16. Co-Holder ARreement. Rcd Ridgc Ranch Conserva[ion Easement 13 January 29,2013 B US_RE\444428 L I a. Lead AgencvBoard Liaison. Eagle County shall be appointed as the Lead Agency for the Grantees. The Lead Agency shall be responsible for annual monitoring visits, maintenance of baseline informaiion and stewardship files, and �eceiving Grantor notices and requests for approval under the Easement, which notices and requests shall be reviewed jointly . by the Grantees. Eagle County is appointed as the Liaison with the Board for the purposes of any communications related to administration of this Easement. The Town of Basalt shall inform Eagle County of any matter arising under the terms of the Easement which requires notice or other communication with the Board. Eagle County will promptly forward any such information to the Board, and will also promptly forward any inFormation received from the Board in regard to the Property to the other ' Co-Holder. "fhe duties of Lead Agency or the Board liaison may be reassigned as agreed upon by Co-Holders. b. Joint ManaQement of Conservation Easement. In deciding upon discretionary actions and expenses, or responding to requests from the Grantor or its successors or assigns relating to the Conservation Easement, including any request to amend the Easement, the Grantees shall use good faith efforts to implement a course of action agreeable to all consistent with the Conservation Values set forth in the Easement, including reference to the Baseline Study. Provided, however, if either Co-Holder does not agree to a request from the Grantor or its successors or assigns, the request shall be deemed to be denied. c. Enforcement. In deciding upon whether to initiate enforcement actions concerning enPorcement of the terms and conditions of the Easement, the Grantees shall use good faith efforts to implement a course of action agreeable to all. Provided, however, in the event that the Grantees are unable to reach agreement on such actions, any party may, acting individually and at its sole discretion and expense, undertake such action as is otherwise consistent with the Easement, without any right to contribution from the other. d. Inabilitv to A�. In the event that the Grantees are unable to reach agreement on any actions and expenses, either party may, at its sole discretion and expense, undertake such action as is otherwise consistent with the Easement and pursuant to the terms set forth herein. Nothing in this paragraph shall be construed as applying to or in any way affecting land use jurisdiction of any Co-Holder. 17. Real Propertv Interest. This Easement constitutes a real property interest immediately vested in the Grantees, the value of which has not been determined as of this date. a. Allocation of Proceeds. Should the Easement be taken for public use or otherwise terminated according to the Extinguishment and Condemnation ' paragraphs below, Grantees and the Board shall be entitled to compensation for their proportionate interests, which shall reflect the Red Ridge Ranch Conservation Fuement 14 January 2Q 2013 L3US_RE\4444281J � proportionate monetary contribution of each toward the $5,000,000 purchase price of Ihe PropeRy, which is as follows; the Board's is 12%, the Town of Basalt's is ]0%, Eagle County's is 40%, MidValley Trails Committee's is 1%, and the balance of the interest (37%) is held by Grantor. b. Reinvestment of Proceeds. In the event the Easement shall be wholly or partially extinguished, whether by condemnation or otherwise, the proceeds from such extinguishment shall be reinvested as determined by � each paRy in their sole discretion in improvements to or stewardship of the Property or shall be returned to the dedicated funds from which the original contributions were derived, or otherwise reinvested in projects - with purposes similar to this Easement. 18. Condemnation or Other Extinguishment. If this Easement is taken, in whole or in part, by exercise of the power of eminent domain, or if ciroumstances arise in the future that render the Purpose of this Easement impossible to accomplish, this Easement can only be terminated, whether in whole or in part, by judicial proceedings in a court oP competent jurisdiction. Each party shall promptly notiFy the other party and the Board in writing when it first learns of such circumstances. Grantees shall be entitled to full compensation for their interest in any portion oF this Easement that is terminated as a result of condemnation or other proceedings. Grantees' compensation shall be consistent with Pazagraph 17(a). Grantees shall use their respective proceeds as specified in Pazagraph 17(b). 19. Assignment. a. This Easement is transferable, but Grantees may assign their rights and obligations under this Easement only to an organization that: (1) is a qualified organization at the time of transfer under Section 170(h) of the Internal Revenue Code of 1986, as amended (or any successor provision then applicable), and the applicable regulations promulgated thereunder; . (2) is authorized to acquire and hold conservation easements under Colorado law; (3) agrees in writing to assume the responsibilities imposed on Grantees by this Easement; and (4) is approved in writing as a transferee by the Board in its sole and absolute discretion. Grantees shall provide the Board with a written request to assign the Easement at least foRy-five (45) days prior to the date proposed for the assignment transaction. Red Ridge Ranch Conservation Lasement 15 January 29,2013 13US_RE\4444281.1 b. The Board shall have the right to require either Co-Holder to assign its rights and obligations under this Easement to a different organization if that Co-Holder ceases to exist; is unwilling, unable, or unqualified to enforce the terms and provisions of this Easement; or is unwilling or unable to effectively monitor the Property for compliance with this Easement at least once every calendar year. Prior to any assignment under this Paragraph 19.b., the Board shall consult with Grantees and provide Grantees an opportunity to address the Board's concems. If the Board's concerns are not addressed to its satisfaction, the Board may require that Grantees assign this Easement to an organization designated by the Board that complies with Paragraph 19.a.(1), (2), and (3) above. c. If Grantees desire to transfer this Easement to a qualified organization having similar purposes as Grantees, but Grantor or the Board has refused to approve the transfer, a court with jurisdiction shall transfer this Easement to another qualified organization having similar purposes that agrees to assume the responsibility imposed on Grantees by this Easement, provided that Grantor and the Board shall have adequate notice of and an opportunity to participate in the court proceeding leading to the court's decision on the matter. d. Upon compliance with the applicable portions of this Paragraph 19, the paRies shall record an instrument completing the assignment in the records of the county or counties in which the Property is located. Assignment of the Easement shall not be construed as affecting the Easement's perpetual duration and shall not affect the EasemenYs priority against any intervening liens, mortgages, easements, or other encumbrances. 20. Subsequent transfers. Grantor shall notify Grantees immediatel}� of the transfer its interest in the Property and, to the extent possible, shall give Grantees thirty (30) days notice prior to any such transfer. Grantor shall incorporate by reference the terms and conditions of this Easement in any deed or other legal instrument by which it divests itself of any interest in the Property. Notwithstanding the foregoing, Pitkin County shall consult with Eagle County and Town oPBasalt�in advance of any proposed ' transfer of its interest in the Property ro ensure compliance with those agencies' then current policies and resolutions on the transfer of open space acquired in whole or in part through their Open Space Programs. The failure of Grantor to perform any act required by this paragraph shall not impair the validity of this Easement or limit its enforceability in any way. , 21. Additional Board Refund. The Board's Grant has provided partial consideration for Grantor's acquisition of fee title to the Property, associated water rights, and/or partial real estate interest in the Property above and beyond this Easement; therefore, any voluntary sale, conveyance, transfer, or other disposal of all or any portion of Grantor's interest in the Property or associated water rights ("Sale"), excluding any lease of the Property or the water rights to a third party in the ordinary course of using the Property for permitted purposes, shall constitute a material change ro the Grant that shall require prior written Board approval and may require a separate refund to the Board of an Red Ridge Ranch Conservation Hasemcnt �6 � January 2Q 2013 � HUS RE\444428L1 � amount to compensate the Board for use of the Board's Grant, plus administrative costs (the "Additional Board Refund"), in addition to any payment that the Board may be entitled to receive under Paragraphs 17 and 18 above. 21. Notices. Any notice, demand, request, consent, approval, or communication that either party or the Board is required to give ro the other in writing shall be either served personally or sent by first class mail, postage prepaid, addressed as follows: To Grantor: Pitkin County Board of County Commissioners c/o Open Space and Trails Director 530 East Main Street Aspen, Colorado 81611 To Grantee: Eagle County Open Space Director PO Box 850 500 Broadway Eagle, Colorado 81631 With a copy to: Eagle County Attorney's Office PO Box 850 500 Broadway Eagle, Colorado 81631 And Town of Basalt c/o Town Manager 101 Midland Avenue Basalt, Colorado 81621 To the Board: Executive Director State Board of the Great Outdoors Colorado Trust Fund 303 E. 17th Avenue, Ste 1060 Denver, CO 80203 or to such other address as any party or the Board from time to time shall designate by written notice to the other. Rcd Ridgc Ranch Conservation Eazement 1� � January 29,2013 13US RG\4444281.1 ' 22. Renresentations and Warranties. Grantor represents and warrants that, to its knowledge and without duty of inquiry: a. No substance defined, listed, or otherwise classified pursuant to any federal, state, or local law, regulation or requirement as hazardous, toxic, polluting, or otherwise threatening to human health or the environment exists or has been used or released on Ihe Property; b. There are not now any storage tanks located on the Property, and no underground storage tanks have been removed from the Property in a manner not in compliance with applicable laws, regulations and requirements; c. . Grantor and the Property are in compliance with all federal, state, and local laws, regulations, and requirements applicable to the Property and its use and there is no existing, pending or threatened litigation in any way affecting, involving, or relating to the Property; d. Grantor has good and sufficient title to the Property and has lawful authority to grant and convey the Easement, that any mortgages or liens on the Property are subordinate ro the terms of this Easement, and that Grantor shall warrant and forever defend title to the Easement against all and every person or persons lawfully claiming by, through and under Grantor the whole or any part thereoF, except for rights-of-way, easements, restrictions, covenants and mineral reservations of record. 23. Subsequent Liens on the Property. No provisions of this Easement shall be construed as impairing the ability of Grantor to use the Property as collateral for subsequent borrowing, provided that any mortgage or lien arising from such a borrowing shall be subordinate to this Easement. 24. Recordine. Grantees shall record this instrument in a timely fashion in the official records of each county in which the Property is situated, and may re-record it at any time as may be required to preserve its rights in this Easement. 25. General Provisions. • a. Controlling Law. The interpretation and performance of this Easement shall be governed by the laws of the State of Colorado. b. Liberal Construction. Any general rule of construction to the contrary notwithstanding, this Easement shall be liberally construed in favor of the grant to effect the Purpose of this Easement and the policy and purpose of C.R.S. §38-30.5-101, et seq. [f any provision in this instrument is found to � be ambiguous, an interpretation consistent with the Purpose of this Red Ridge Ranch Conservution L'asement �g January 29,2013 ' QUS_RE\444428I.I , Easement that would render the provision valid shall be favored over any interpretation that would render it invalid. c. Severabilitv. If any provision of this Gasement, or the application thereof to any person or circumstance, is found to be invalid, the remainder of the provisions of this Easement, or the application of such provision to persons or circumstances other than those as to which it is found to be invalid, as the case may be, shall not be affected thereby. d. Entire Agreement This instrument sets forth the entire agreement between Grantor and Grantees with respect to the Easement and supersedes all prior discussions, negotiations, understandings, or agreements relating to the Easement, all of which are merged herein. f. Joint Obli a¢ tion. The obligations imposed upon the Grantor and Grantees of this Easement shall be joint and several in the event that more than one entity or individual holds either interest at any given time. g. Non-Mer¢er. This Easement shall not be interpreted as creating a right of Grantees to acquire fee simple title to the Property. Nonetheless, if Grantees wish to acquire fee title to the Property or any additional interest in the Property (such as a leasehold), Grantees must first obtain the written approval of the Board. As a condition of such approval, the Board may require that the Grantees first transfer the Easement to another qualified organization consistent with Paragraph 19 above. h. Successors. The covenants, terms, conditions, and restrictions of this Easement shall be binding upon, and inure to the benefit of, the parties hereto and their respective personal representatives, heirs, successors, and assigns and shall continue as a servitude running in perpetuity with the Property. i. Termination of Riehts and Obli atg ions. Each party's rights and obligations under this Easement terminate upon transfer of such party's interest in the Easement or the Property, except that liability for acts or omissions occurring prior to transfer shall survive transfer. j. Captions. The captions in this instrument have been inserted solely for � convenience of reference and are not a paR of this instrument and shall have no effect upon its construction or interpretation. k. No Third Partv Beneficiaries. This Easement is entered into by and � between Grantor and Grantees, and is solely for the benefit of Granror, Grantees, and the Board and their respective successors and assigns for the purposes set forth herein, and does not create rights or responsibilities in . any third parties beyond Grantor, Grantees, and the Board. Red Ridge Ranch Conservation Basemenl 1(� January 29,2013 13US_RE\4444281.I - I. Amendment. If circumstances arise under which an amendment to ar modification of this Easement or any of its exhibits would be appropriate, Grantor and Grantees may jointly amend this Easement so long as the amendment (a) is consistent with the Conservation Values and Purpose of this Easement, (b) does not affect the perpetual duration of the restrictions contained in this Easement, (c) does not affect the qualifications of this Easement under any applicable laws, (d) complies with Grantees' and the Boazd's procedures and standards for amendments (as such procedures ' and standards may be amended from time to time) and (e) receives the Board's prior written approval. Any amendment must be in writing, signed by all parties, and recorded in.the records of the Clerk and Recorder of the county or counties in which the Property is located. In order to preserve the Easement's priority, the Board may require that the Grantees obtain subordinations of any liens, mortgages, easements, or other encumbrances. For the purposes of the Board's approval under item (e) above, the term "amendment" means any instrument that purports to alter in any way any provision of or exhibit to this Easement. Nothing in this paragraph shall be construed as requiring Grantor or Grantees or the Board to agree to any particular proposed amendment. m. Change of Conditions. A change in the potential economic value of any use that is prohibited by or inconsistent with this Easement, or a change in any cunent or future uses of neighboring properties, shall not constitute a change in conditions that makes it impossible for continued use of the Property for conservation purposes and shall not constitute grounds for terminating the Easement in whole or in paR. � n. Termination of the Board. In the event that Article XXVII of the Colorado Constitution, which established the Board, is amended or repealed to terminate the Board or merge the Board into another entity, the rights and obligations of the Board hereunder shall be assigned to and assumed by such other entity as provided by law, but in the absence of such direction, by the Colorado Department of Natural Resources or its successors. o. Authority to Execute. Each party represents to the other that such party has Pull power and authority to execute, deliver, and perform this Easement, that the individual executing this Easement on behalf or said party is fully empowered and authorized to do so, and that this Easement constitutes a valid and legally binding obligation of said party enforceable against said party in accordance with its terms. . p. Count,y ApprovaL Although Eagle County has a property interest as . described in this Easement, nothing in this Easement shall be construed to mean that any uses, structures or construction permitted herein have been Rcd Ridge Ranch Conserva�ion Easement ZO January 29,2013 13US Rfi\444428L1 given approval by Eagle County in its governmental capacity. To the extent that any provision of this Easement differs from the land use regulations of Eagle County, the more restrictive provision shall apply. Grantor shall be solely responsible for obtaining all other approvals necessary Por the lawful use of the Property. q. Annual Appropriation. To the extent that any financial obligation of this Easement is subject to the multiple fiscal year obligations as set forth in Article 10 oPthe Colorado Constitution or C.R.S. Section 29-1-1 ]0, such obligation may be subject to annual appropriation. Nothing in this paragraph 25(q) shall prevent Grantees from enforcing the Easement in accordance with its terms, despite failure by Grantor to appropriate funds. TO HAVE AND TO HOLD unto Grantees, Iheir successors, and assigns forever. IN WITNESS WHEREOF Grantor and Grantees have executed this Deed of Conservation Easement on the day and year first written above. GRANTOR BOARD OF COLJNTY COMMISSIONERS OF PITKIN COUNTY, Colorado, a bod corporate and pol'tic By: George Newi an, Ch ir STATE OF COLORADO ) , )ss. COUNTY OF PITKIN ) The foregoing document was acknowledged before me on January�', "L013, by George Newman, Chair of the BOARD OF COIJNTY COMMISSIONERS OF PI"I'KIN COUNTY, Colorado, a body corporate and politic. ``����������, .�`•```,ane.A:.�c��•� Witness my hand and official seal. My Commission Expires _ . ��``�P,r. '• : My commission expires: Au ust 4 = : �°— _ � ���; •'�G[.t� ..;' � :�w�,'• o �. -' a . ( Notary Public ���'�i°;io;o`;��`� Rcd Ridge Ranch Cnnscrvation Hascmcnl 21 January 29,2013 6U5_RE\4444281.1 ACCEPTED by GRANTEES: EAG COUNTY, LORADO By: Jon t nev Chai an, Board of County Commissioners STATE OF COLORADO ) � )ss. � COUNTY OF EAGLE ) The foregoing document was acknowledged before me on January 0'y2013, by Jon Stavney, Chairman of the Board of County Commissioners of EAGLE COiJNTY, COLORADO. Witness my hand and official seal. My commission e�ire�s�^ � � � �� _ -�•�-.. , . DEBURAN LYCvN CMURCHi�L �� r � `� NOTARY PUBLlG � U Vl� STATE OF COCORaGO Notary Public MY CAMMISSION EXPIFiE3 3/2M2015 1'OWN OF BASALT, COLORADO, BY AND THROUGH THE BASALT TOWN COUNCIL �//'� By: � �-tt-wi,�cs�tt G/�-, p P,oTe.—� Title: Mayor�of Town of Basalt, Colorado STATE OF COLORADO ) )ss. COUNTY O'' °�r�cnv G�6'l� ) The foregoing document was acknowledged before me on January Z�, 2013, by ��cqae-R-t�dfiitsitt, Mayor of the TOWN OF BASALT, COLORADO. �rlG�n �/�-(�er?- I��o re.-.. Witness my hand and official seal. SALLY FERREN NOTARY pUBLiC Iv►y commission expires: /b •2�• ZD/� STATE OF COLORADO NOTARYID 78894p3pq3y MY COMMISSION p(p�RES 70QB2p15 `--•—^--`.--__....__._.�_,. N Public Red Ridge Ranch Conscrvation Easement 22 January 29,2013 � - 6US RG\4444281.1 EXHIBIT A TO DEED OF CONSERVATION EASEMENT (Legal Description of Property) Parcel 1, according to th� ubdivision Exemption Plat, Red Ridge Subdivision Exemption, recordedJ e�r. 2'1, as�eception No.o'1�1301?q9 , Eagle County, Colorado. , Rcd Ridge Ranch Cooscrvation Gascmcnt 23 January 29.2013 , � I3US RH\4444281J EXHIBIT B TO DEED OF CONSERVATION EASEMENT (Map of Property) � Red Ridge Ranch Conservation Eascmenl 24 � Januury 29,2013 aus ks�aaaazai.i . Exhibit B - Map of Property r �.^'�Fi.,,.�sa�� '•;���'��"��",ypE���}�� •,�, '� L� ��S",j ��� h ��'6f.r`" ^J_ . . d "b,N:�],�y4� $ �,���u�'�.i����S."��'� ?.�- Y '� 'C:f31 s � ��t��� "^" „'� �.�.�` • � �*�� '�.y .�,sy�, 1F ��. 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EXHIBIT C TO DEED OF CONSERVATION EASEMENT (Baseline Documentation Attestation) Red Ridgc Ranch Conserva[ion Euemen[ 25 January 29,2013 BUS Rli\4444281.1 A � � 1.0 Attestation � THE DATA, EXPLANATORY TEXT, PHOTOGRAPHS AND MAPS ASSEMBLED IN THIS BASELINE DOCUMENTATION REPORT ARE AGREED BY ALL PARTIES HERETO TO • ACKNOWLEDGE THAT THLS BASELINE INVENTORY IS AN � ACCURATE REPRESENTATION OF THE NATURAL RESOURCES, CONSERVATION VALUES AND PHYSICAL FEATURES AND CONDITION OF SALTONSTALL RANCH AT THE TIME OF GRANT OF THE CONSERVATION EASEMENT. THIS REPORT SERVES AS AN OBJECTIVE INFOIZMATION BASELINE FOR"MONITORING � COMI'LIANCE W1TH THE CONSERVATION EASEMENT. � GRANTOR: DATE: � '�� � � P kin County Open Space & Trails 530 East Main Street, 3=d floar Aspen, Colorado 81611 � � GRANTEE: DATE: I ._Iz�! 3 Bo d f County C 'ssioners of Eagle County . � 500 r adway, Post Office Box 850 Eagle, Colorado 81631-0850 � � GRANTEE: DATE: �' 2 1f /3 � Town of Basalt � 101 Midland Avenue Basalt,Colorado 81621 ' � � I Pine Brook Ecological Page 1 Baseline Documentation Report November 21,2012 Salronstall Conservation Easement � EXHIBIT D TO THE DEED OF CONSERVATION EASEMENT • (Exceptions to Title — Pitkin County Title Policy Case No. PCT23683W5) � Right of the propnetor of a vein or lotle to e�Rract antl remove his ore therefrom, shoultl lhe same be iountl � to penetrate or intersect the premises hereby granted an0 nght af way for ditches or canals conSWcted by the authoriry of lhe United States as reser�etl in Unitetl States Patent recordetl NovemUer 4, 1896 in Book 48 at Page 210. Rfght oi the proprietor oi a vein or lode to eXtract antl remove his ore thereirom, shoultl ihe same be fountl to penetrate or intersect the premises hereby granted antl nght of way for ditches or canals constructed by the authority of Ne Unitetl Slates as reserved in Unitetl States Patent recortletl NovemUer 1. 1993 in Book 623 at Page 606. Terms, wnditians, provisions,obligations antl all matters as set torth in Resol�tion ot the Eagle County BoarA ot County Commissioners recortletl Jury 30, 1992 in Book 585 at Page 525 as Resolution No. 73, Series of 7992 to Rocky Mountain Natural Gas(or Approval of Special Use Permit. ' � •. Easement antl right ot way grantetl to Rocky Mountain Natural Gas Company, Inc., in instrument recordetl _ August 7, 1991 in Book 559 at Page 471. . Easement antl nght oi way for an electnc transmission or tlistnUUtion line or system,as granted to Hory Cross Electnc Association, Inc., in instrument recortled March 30, 1992 in Book 576 at Page 322. - Easemenl and nght of way tor an electnc transmission or distnUUtlon line.or system, as granted[o Hory _ Cross ElecMc AssociaUOn, Inc., in insWment rewrtled January 8, 1599 as Reception No. 683088. �. Easemer.t antl nght of way for Pnvate Road as set foM In Pnvate Roatl Easement Agreement recortletl OdoUer 3, I997 as Reception No. 635370 and Agreement and Amendmenl ta Privale Road Easement recordetl November 18, 1998 as Reception No. 676359. . Easement antl right oT way far access antl pasturrng as sei forth in Reciprocal Easement Agreement recortletl October 3, 1997 as Reception No. 635371. �. Easemenl and right of way for maintenance and diversion of irrigation ditches as set forth in Re[iprocal Easement Agreement recordetl OctoUer 3, 1997 as Reception No. 635372. .. Terms, contlitions, provisions and obligations as set forth in Agreement recarded October 3, 1997 as � ' Receptian No. 635373. (NOte: In order to remove this ezception, a compliance agreement is needetl to prove lhat this agreement is no longer in efiect). Continued on following puge Red Ridge Ranch Conservation Hasement 2C January 29,2013 � BUS RE\4444281.1 . Terms, contlitions,provisions antl obligations as set torth in Private Way License recortled November 16, . 7998 as Receptian Na 676360(NOte: 7his exception u�ill be removed antl replacetl with a new Private Way License once it is recorded). Terms, conditions,provisions antl obllgations as set forth in Ouit Claim Oeed tor Water Rights to the Home Supply Dltch Company recorded Apnl 4,2012 as Reception Na. 201206503 _ Terms, co�Witions,provisiane,obligatians antl all matters as set torth in Resolution of[he Pitkin County Board . oi Counry Commissioners recortletl SeptemUer 27, 2012 as Reception No. 592619 as Resolution No.070 an0 rerecordetl NovemUer 13,2012 as Reception No. 593&96. . Te�ms,contlitions,provisions and oUligations as set torth in Intergovemmental Agreement Uetween Pitkin . Counry antl Eagle Counly and Town of Basalt recortled September 27, 2�12 as Receptian No. 592620 . Easements,nghYS of way and all atters as disclosed on Subdivision Exemption Plat of Retl Ridge . Subdivision Exemption recorded uawi Zq ,2013 as Receptian No. �0130/By�I � Terms, conditions,provisions and oUlig�ations as set torth in Grazing Easement recorded�_. 2013 as Reception No. �{JJ�O I SS7 � Terms, contlitions,pro isions and obligations as sei forth in Access, Utility antl Irri ation Siructure Easements Agreement recordetl���.2013 as Reception No. 3J13 ��� � Red Ridge Ranch Conserva[ion Easement 2'� January 29,2013 � BUS RE\444428L1 . . . EXHIBIT E TO DEED OF CONSERVATION EASEMENT (Water Rights Desaription) 24,500 shares in the Home Supply Ditch Company, Inc. Well Permit 206262 � Well Permit 206263 � Red Ridge Ranch Conservalion Easemenl 27 - January 29,2013 ' BUS_RE\4444281.1