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HomeMy WebLinkAboutbocc.packet.07232014 - CD Holdings Settlement AGENDA ITEM SUMMARY REGULAR MEETING DATE: July 23, 2014 AGENDA ITEM TITLE: An Ordinance of the Board of County Commissioners of Pitkin County, Colorado Authorizing a Settlement Agreement in Connection with CD Holdings, LLC, et al. Case No. 14cv30028 and the Conveyance of Property to CD Holdings, LLC STAFF RESPONSIBLE: John Ely, County Attorney ISSUE STATEMENT: This the second reading and public hearing of an ordinance authorizing a settlement agreement in connection with a lawsuit involving Pitkin County, filed by CD Holdings, LLC under Case Number 14CV300028 and the conveyance of property to CD Holdings, LLC related thereto. BACKGROUND: In 1993 Pitkin County approved the Government Lot 20 Subdivision as proposed by property owners Lyle Reeder, Stanford Johnson and Wolftone Corporation. The subdivision is located on the southern boundary of the City of Aspen in the vicinity of the Ice Garden. Part of this subdivision included the creation of Tract C,which abuts private residential development on Block 54, Aspen Townsite. A condition contained on the Subdivision Plat requires that Tract C be owned only by either Pitkin County or one or more of the adjacent homeowners of Lots K-S on Block 54. Pitkin County received Tract C from Wolftone Corporation as a gift, following the County's purchase of Tract B and Parcels B and C for the purpose of construction and maintenance of Midland Trail. Survey for the plat was based on the original townsite monument set in 1880 and confirmed most recently in 1959. From 1978-1980, the BLM conducted a resurvey of the City boundary and the point of the City's cornerstone was moved. The cause for this relocation is unknown. However, the resurvey created an 8-foot strip of non-contiguity, which on the plat was nominated as "Tract C". A sale of adjoining Lots K-O, Block 54, relied upon the resurvey and as a consequence, the sale included Tract C as part of Lots K-O, resulting in a cloud on the title to all involved properties. To resolve the resulting litigation, the County has been offered$200,000 to convey its interest in that portion of Tract C that abuts Lots K-O. As a consequence of the County 1 receiving Tract C as a donation, the BOCC is free to transact this property with the proceeds going to the County's general fund. The Settlement Agreement and form of Special Warranty Deed(Agreement Exhibit A) have been accepted in principal by all parties and will be circulated for signatures upon final adoption of this Ordinance. BUDGETARY IMPACT: $200,000 to the County's general fund. RECOMMENDED BOCC ACTION: Adopt Ordinance ATTACHMENTS: Proposed Ordinance Government Lot 20 Plat depicting Tract C (hash marked and highlighted) Enlargement of Plat Note Pertaining to Tract C Aerial Photo Depicting Tract C Proposed Settlement Agreement with Exhibits A-C 2 AN ORDINANCE OF THE BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, COLORADO AUTHORIZING A SETTLEMENT AGREEMENT IN CONNECTION WITH CD HOLDINGS,LLC, et al. Case No. 14CV30028 AND THE CONVEYANCE OF PROPERTY TO CD HOLDINGS, LLC ORDINANCE NO. -2014 RECITALS 1. CD Holdings, LLC ("CDH") is the owner of a parcel of land described as Lots K-O, Block 54, City and Townsite of Aspen, Pitkin County, Colorado, commonly known as 220 West Cooper Avenue (the "Property"). 2. The Board of County Commissioners of Pitkin County("Pitkin County") is the owner of a parcel of land, a portion of which abuts the Property, known as "Tract C", a part of the Government Lot 20 Subdivision recorded in the records of Pitkin County in Book 30 Page 23. 3. The County received Tract C as a gift from Wolftone Corporation in 1993 pursuant to a conditional option on the Government Lot 20 Subdivision Plat. 4. The County accepted the donation after its purchase of Tract B and Parcels B and C, Government Lot 20, in order to construct and maintain the Midland Trail. Tract C is designated as open space in accordance with the policies, restrictions, regulations, and procedures of the Pitkin County Open Space and Trails Board. 5. The original survey for the Government Lot 20 Subdivision plat was based on the townsite monument set in 1880 and confirmed most recently in 1959. 6. Pitkin County and CD Holdings, LLC ("CDH"), are currently engaged in litigation resulting from a resurvey of the Government Lot 20 Subdivision conducted by the BLM from 1978 through 1980, which relocated the point of the City of Aspen's cornerstone for unknown reasons. This created an 8-foot wide strip of non-contiguous land at the southern boundary of Lots K-S, Block 54, City and Townsite of Aspen, which is designated"Tract C". 7. On or about September 16, 2010, CDH purchased the Property(Lots K-O). Pursuant to the terms of their purchase Contract and prior to closing the sale, CDH was furnished with two improvement surveys both prepared by High Country Engineering, Inc. ("HCE"), upon which CDH and its title company relied. 8. Subsequent to closing, CDH learned that the HCE surveys showed the boundary line of the south side of the Property to be 8 feet further south than previous surveys of the Property, the result of the BLM's resurvey. ORDINANCE NO. -2014 9. The discrepancy between the original survey and the BLM resurvey has created a cloud on the title of all involved properties and resulted in the current litigation brought by CDH to quiet title to that portion of Tract C abutting CDH's lots, in which the County is involved. 10. The Board and CDH have reached an agreement in principle on a settlement of the litigation that will provide for conveyance to CDH of that portion of"Tract C" owned by Pitkin County that was included in the HCE surveys. 11. The County has been offered $200,000 to convey its interest in that portion of Tract C that abuts Lots K-O. As a consequence of the County receiving Tract C as a donation, the BOCC is free to transact this property with the proceeds going to the County's general fund. 12. The BOCC finds that adoption of this ordinance is in the best interest of the public health, safety, and welfare of the citizens of Pitkin County. NOW, THEREFORE, BE IT ORDAINED by the Board of County Commissioners of Pitkin County, Colorado that: the BOCC chair(or designee) is hereby authorized and directed to execute a Settlement Agreement for Case No. 14CV30028 and a Special Warranty Deed conveying that portion of Tract C that abuts Lots K-O, Block 54 City and Townsite of Aspen (Exhibit A to the Settlement Agreement), on behalf of the County and any other documents necessary to complete the transaction subject to the recommendation for approval as to form by the County attorney. INTRODUCED, FIRST READ, AND SET FOR PUBLIC HEARING ON JULY 9, 2014. NOTICE OF PUBLIC HEARING AND TITLE AND SHORT SUMMARY OF THE ORDINANCE PUBLISHED IN THE ASPEN TIMES WEEKLY ON JULY 10, 2014. NOTICE OF PUBLIC HEARING AND THE FULL TEXT OF THE ORDINANCE POSTED ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.aspenpitkin.com) ON JULY 11, 2014. ADOPTED AFTER FINAL READING AND PUBLIC HEARING ON JULY 23, 2014. PUBLISHED BY TITLE AND SHORT SUMMARY, AFTER ADOPTION, IN THE ASPEN TIMES WEEKLY ON 2014. POSTED ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.aspenpitkin.com) ON THE , 2014. THIS ORDINANCE IS EFFECTIVE ON JULY 23, 2014. ATTEST: BOARD OF COUNTY COMMISSIONERS 2 ORDINANCE NO. -2014 By By: Jeanette Jones Robert A. Ittner, Jr., Chair Deputy County Clerk Date: APPROVED AS TO FORM: MANAGER APPROVAL John Ely, County Attorney Jon Peacock, County Manager 3 N 1-• 42 ,yNfl +• a S - O O 14i z e m na 6\• , /• \� $gym G, m m �0 3 m m' n. R-o i. z� z a I K 'm P v n r41 /, E e,e , y�%pf •^1' t... ' ' 13 mo -3 m+" -11 0 OS 3; s r� y( 11 ter,, O N m a-lh 4 m'O m >< A '2i N J• ??• 2;..\r-/, 00��Of/ /l Ie "• . z •r ...-o m o a m x 9. �,%• -I. roely gN°n mi±um �o ^ o a •' m ,�� _ �• m l 0 m pOaam N A O S P O J S+is v /�� O ma V m U In m+ O >fl O'm 'r Z m < \fj, U Zy O '� O -bill„/' '/O 00 m < -I GI IIA 6 8.�-I i 6- Gm m )asN Cb a. G. W g Ol G g COa O W ". 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W. - 'u• , '� l e, 11 •'� • ,f '1�i �<-.q'A*';;;:a..-,yr ,�� } - , �~ '�/ y • �+ �♦ Y�a w -..` ,�• y1 t j::: .. . .--,411. ,.,. •'.a. r -- -< `-• Ilk ♦ .,}- k 4 Ail • ' $f14:*r ''- . - _, �' ,,;,}. ..4 -+•,.' .• ... <� �' ,VLF;, i t f ,CS- • p•;2; ','�+ .. t*� it f ' ♦ y r • • • • • 53�� jgoiC,I'• likit0 r +(. e i . + _:_ _ _ t SETTLEMENT AGREEMENT THIS SETTLEMENT AGREEMENT (this "Agreement") is entered into as of this day of May, 2014 by and among CD Holdings LLC, a Colorado limited liability company ("CDH"), Milton D. McKenzie and Areta B. McKenzie (the "McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County")(all of the parties shall hereinafter collectively be referred to as the "Parties.") RECITALS WHEREAS, on or about September 16, 2010, CDH purchased from the McKenzies the property located at Lots K-O, Block 54, City and Townsite of Aspen, Pitkin County, Colorado 81611, commonly known as 220 West Cooper Avenue, Aspen, Pitkin County, Colorado 81611 (the "Property"), pursuant to that certain Contract to Buy and Sell Real Estate dated June 4, 2010 (the "Contract"); and WHEREAS, pursuant to the terms of the Contract and prior to the closing of the sale of the Property by the McKenzies to CDH, CDH was furnished with two Improvement Survey Plats for the Property, both prepared by HCE and dated October 20, 2008 and June 21, 2010, respectively(the "HCE Surveys"); and WHEREAS, subsequent to the closing, CDH learned that the HCE Surveys showed the boundary line of the south side of the Property to be approximately 8 feet further south than previous surveys that had been done of the Property and of lands adjacent to the Property and that the approximately 8-foot wide strip of land alongthe south edge of the boundary ("Tract C") had been conveyed to Pitkin County by way of a gift in 1993 by Special Warranty Deed executed by Wolftone Corporation, which Pitkin County then designated as "open space" pursuant to its laws, rules and regulations; and WHEREAS, on March 7, 2014, CDH commenced the action known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No. 14 CV 30028 (the "Lawsuit"), asserting claims for relief against the McKenzies for, among others, rescission or, alternatively, reformation of the Contract based on mutual mistake and fraud, and against HCE for negligence; and WHEREAS, the McKenzies and HCE asserted third-party claims in the Lawsuit against Pitkin County and counterclaims against CDH for declaratory relief to quiet title to Tract C; and WHEREAS, the Parties desire to enter into this Agreement in order to avoid further expense, inconvenience, and the distraction of litigation, insofar as the Lawsuit concerns and relates to the HCE Surveys and the ownership of and title to that portion of Tract C that runs along the southern boundary the Property, but expressly excluding from this Agreement all claims for relief asserted in the Lawsuit by CDH against the McKenzies which are unrelated to the HCE Surveys and Tract C; COVENANTS NOW, THEREFORE, for good and valuable consideration, including the mutual covenants and conditions set forth herein, and other good and valuable consideration, the sufficiency and receipt of which are hereby mutually acknowledged, the Parties agree as follows: 1. INCORPORATION OF RECITALS. The above Recitals are material to this Agreement and are incorporated herein by this reference. 2. PAYMENT. Upon execution of this Agreement, HCE's insurer shall pay to Pitkin County the sum of One Hundred Seventy Five Thousand Dollars ($175,000.00) and the McKenzies shall pay to Pitkin County the sum of Twenty Five Thousand Dollars ($25,000.00)(collectively, the "Payment") in consideration of Pitkin County's agreement to execute the conveyance further described in the following section of this Agreement. Additionally, upon execution of this Agreement, HCE's insurer shall pay to CDH the sum of Fifteen Thousand Dollars ($15,000.00) in full and final satisfaction of the claims brought by CDH against HCE in connection with the Lawsuit and deliver the same to CDH's attorneys. Notwithstanding the foregoing, HCE shall remain responsible for the payments its insurer will make, should the insurer fail to make timely payment. Payments shall be made within 30 days of receipt of a signed W-9 for both payees. 3. CONVEYANCE. Upon receipt of the Payment, Pitkin County shall unconditionally convey and transfer to CDH so much of Tract C as runs adjacent to the southern boundary of the Property, by delivering to CDH for recording with the Pitkin County Clerk and Recorder a duly executed Special Warranty Deed in the form annexed hereto as Exhibit A. 4. RELEASES OF LIABILITY. In consideration for the mutual covenants and conditions set forth herein and upon full and complete performance of the Parties' respective obligations as set forth in Sections 2 and 3 of this Agreement, each party shall execute and deliver to each other party a General Release in the forms annexed hereto as Exhibits B-1 through B-10, except that CDH and the McKenzies shall be required by this Agreement only to exchange Limited Releases in the forms annexed hereto as Exhibits B-11 through B-12. CDH agrees that it shall not further utilize or rely upon any survey documents HCE has prepared for the Property up to the date of this Agreement. 5. PARTIAL DISMISSAL OF LAWSUIT. Upon full and complete performance of the Parties' respective obligations as set forth in Sections 2 through 4 of this Agreement, each Party shall execute a form of Stipulation of Partial Dismissal with Prejudice in the form annexed hereto as Exhibit C, which shall be promptly filed with the Pitkin County District Court, whereby the Lawsuit shall be dismissed in its entirety by and against CDH, HCE and Pitkin County and the first and second claims for relief asserted by CDH against the McKenzies shall also be dismissed. 6. VOLUNTARY AGREEMENT. The Parties agree and understand that this Agreement has been freely and voluntarily entered into, and that no representations or promises of any kind other than those contained in this Agreement and the covenants made herein have been made by each Party to induce the other Party to enter into this Agreement. The parties have read and understand this Agreement in its entirety. The Parties acknowledge that each of them has been, or has had the opportunity to be, represented by counsel in connection with the negotiation, drafting, and execution of this Agreement. 7. NO ADMISSION OF LIABILITY. This Agreement is a voluntary settlement of claims of disputed validity and value. Nothing in this Agreement shall be construed as an admission of liability, fault or wrongdoing by any Party. 2 8. AUTHORITY. Each Party represents and warrants that he, she or it has full power and authority to make the releases and agreements contained herein, and that her, she or it has not assigned, encumbered, or in any manner transferred all or any portion of the claims covered by the releases and agreements contained herein. 9. NO CONDITIONS PRECEDENT. Each Party represents and warrants that it has made due inquiry and investigation and that to the extent any conditions exist which are imposed upon it which are necessary to effectuate the transactions set forth in this Agreement all such conditions have been satisfied and fulfilled, and that there are no other conditions precedent to the performance of the duties and obligations imposed by the terms of this Agreement upon each respective Party. 10. ADMISSIBILITY. The Parties each understand and agree that the terms of this Agreement may be pleaded, admitted into evidence or otherwise used in connection with any suit or other legal proceeding that may be filed or instituted on its behalf or on behalf of any of the Parties against any other Party. 11. CHOICE OF LAW. This Agreement shall be construed and governed in accordance with the laws of the State of Colorado, without regard to principles of conflicts of laws. Any action for breach of this Agreement shall be brought in the District Court for Pitkin County, State of Colorado. The prevailing Party in any action for breach of this Agreement shall be entitled to recover its reasonable attorneys' fees, costs and expenses in addition to any other relief, including injunctive or monetary relief, awarded by the court. 12. COUNTERPARTS. This Agreement may be executed in one or more counterparts, all of which shall constitute one agreement. Facsimile or other electronic signatures shall have the same force and effect as original signatures. 13. FURTHER ASSURANCES. The Parties will execute any additional documents and perform any acts that may be necessary to effectuate the Parties' obligations under this Agreement. 14. ATTORNEYS' FEES AND COSTS. Except as otherwise may be provided in this Agreement, the Parties shall bear their own costs, attorneys' fees, and other expenses incurred in connection with the claims released herein. 15. INTERPRETATION. This Agreement has been jointly prepared and drafted by the Parties; accordingly, this Agreement shall not be construed against any Party. 16. ENTIRE AGREEMENT. This Agreement contains all of the agreements, conditions, promises and covenants between the Parties with respect to the subject matter hereof and supersedes all prior or contemporaneous agreements, representations, or understandings with respect to the subject matter hereof. No modification, alteration or amendment to this Agreement shall be enforceable unless in a writing signed by all Parties affected thereby. 17. SEVERABILITY. If any provision or portion of a provision of this Agreement is held to be unenforceable, the remaining provisions of this Agreement nevertheless shall be given full force and effect as if that unenforceable provision or portion of a provision were omitted, and there shall be deemed substituted for the affected provision a valid and enforceable provision as similar as possible to the unenforceable provision. 3 IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first above written: CD Holdings, LLC, a Colorado limited liability company By: Colette Daniels Its Manager Milton D. McKenzie Areta B. McKenzie High Country Engineering, Inc., a Colorado corporation By: Its Pitkin County Board of County Commissioners By: Rob Ittner Chair 4 EXHIBIT A SPECIAL WARRANTY DEED THIS DEED, made this day of , 2014, between PITKIN COUNTY BOARD OF COUNTY COMMISISONERS, Grantor, and CD HOLDINGS, LLC, a Colorado limited liability company, whose address is 300 F Danville Boulevard, #514, Alamo, California 94507, Grantee. WITNESSETH, that the Grantor, in consideration of the sum of Two Hundred Thousand Dollars ($200,000) and other good and valuable consideration, the receipt and sufficiency of which is hereby confessed and acknowledged, has granted, bargained, sold and conveyed and by these presents do grant, bargain, sell, convey and confirm unto Grantee, its successors and assigns forever, all the following described lots or parcels of land, situate, lying and being in the County of PITKIN and State of COLORADO, to wit: PROPERTY DESCRIPTION A PARCEL OF LAND SITUATED IN THE SE1/4 OF SECTION 12, TOWNSHIP 10 SOUTH, RANGE 85 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF PITKIN, STATE OF COLORADO; SAID PARCEL BEING THAT PORTION OF TRACT C, GOVERNMENT LOT 20 SUBDIVISION EXEMPTION, AS SHOWN ON THE PLAT THEREOF RECORDED AT BOOK 30 AT PAGE 23 OF THE PITKIN COUNTY CLERK AND RECORDER'S OFFICE ADJOINING LOTS K—O, BLOCK 54 OF THE CITY OF ASPEN; SAID PARCEL BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF LOT K OF SAID BLOCK 54, SAID POINT BEING ON THE NORTHERLY BOUNDARY OF SAID TRACT C, THE POINT OF BEGINNING; THENCE S55°19'39"E ALONG THE SOUTHERLY BOUNDARY OF SAID BLOCK 54 A DISTANCE OF 159.45 FEET TO THE SOUTHEAST CORNER OF LOT 0 OF SAID BLOCK 54; THENCE LEAVING SAID SOUTHERLY BOUNDARY S 14°50'49"W ALONG THE EASTERLY BOUNDARY OF SAID LOT 0 EXTENDED A DISTANCE OF 8.03 FEET TO A POINT ON THE SOUTHERLY BOUNDARY OF SAID TRACT C; THENCE N55°22'16"W ALONG THE SOUTHERLY BOUNDARY OF SAID TRACT C A DISTANCE OF 159.89 FEET TO THE SOUTHWEST CORNER OF SAID TRACT C; THENCE N14°44'27"E ALONG THE WESTERLY BOUNDARY OF SAID TRACT C A DISTANCE OF 8.16 FEET TO THE NORTHWEST CORNER OF SAID TRACT C; THENCE S55°19'39"E ALONG THE NORTHERLY BOUNDARY OF SAID TRACT C A DISTANCE OF 0.50 FEET TO THE POINT OF BEGINNING; SAID PARCEL CONTAINING 1,217 SQUARE FEET, MORE OR LESS. Together with all and singular the hereditaments and appurtenances thereunto belonging, or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof; and all the estate, right, title, interest, claim and demand whatsoever, of Grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances; TO HAVE AND TO HOLD the said premises above bargained and described, with the appurtenances unto Grantee, its successors and assigns forever. 5 And Grantor for itself, its successors and assigns, does covenant, grant, bargain and agree to and with Grantee, its successors and assigns, the above bargained premises in the quiet and peaceable possession of said parties of the second claiming or to claim the whole or any part thereof,by through or under Grantor to WARRANT AND FOREVER DEFEND. The singular shall include the plural, the plural the singular, and the use of gender shall be applicable to all genders. IN WITNESS WHEREOF, Grantor, being duly authorized, hereunto set its hand and seal the day and year first above written. Dated: , 2014 PITKIN COUNTY BOARD OF COUNTY COMMISSIONERS By: Rob Ittner Chair STATE OF COLORADO ) ) ss. COUNTY OF PITKIN ) The foregoing instrument was acknowledged before me , 2014 by Rob Ittner, known to me to be Chair of the Pitkin County Board of County Commissioners. Witness my hand and official seal. My commission expires: Notary Public 6 EXHIBIT B-1 GENERAL RELEASE In consideration for the covenants and conditions set forth in that certain Settlement Agreement entered into as of the day of , 2014 by and among CD Holdings LLC, a Colorado limited liability company("CDH"), Milton D. McKenzie and Areta B. McKenzie (the"McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County"), the amount, sufficiency and performance of which is hereby acknowledged, CDH, for itself and on behalf of its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators, does hereby unconditionally and irrevocably remise, release, and forever discharge HCE, its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators both current and former(the "HCE Released Parties"), of and from any and all liability, actions, claims, liabilities, damages (including, without limitation, nominal, actual, and compensatory damages, punitive and exemplary damages, and direct and consequential damages), debts, fines, interest,penalties, demands, costs, expenses (including, without limitation, attorneys' fees, mediation expenses, and other costs of litigation), causes of action (whether at law, equity, or otherwise), suits, or obligations of any nature, whether statutory, contractual, or in tort, whether known or unknown, foreseen or unforeseen, accrued or hereafter accruing, which CDH, has ever had, now have, or may have against the HCE Released Parties, arising at any time up to and including the date of this release, or arising from any action, failure to act, occurrence, or event prior to the date hereof, including but not limited to any claims, crossclaims or counterclaims which were or could have been asserted in connection with the case known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No 14 CV 30028, and claims related to all surveying services HCE provided for the property located at Lots K-O, Block 54, City and Townsite of Aspen, Pitkin County, Colorado 81611, commonly known as 220 West Cooper Avenue, Aspen, Pitkin County, Colorado 81611. Dated: , 2014 CD Holdings, LLC, a Colorado limited liability company By: Colette Daniels, Its Manager Subscribed and sworn to before me this day of , 2014, by CD Holdings, LLC, by and through Colette Daniels, its manager. Witness my hand and official seal. My commission expires: Notary Public 7 EXHIBIT B-2 GENERAL RELEASE In consideration for the covenants and conditions set forth in that certain Settlement Agreement entered into as of the day of , 2014 by and among CD Holdings LLC, a Colorado limited liability company("CDH"), Milton D. McKenzie and Areta B. McKenzie (the"McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County"), the amount, sufficiency and performance of which is hereby acknowledged, CDH, for itself and on behalf of its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators, does hereby unconditionally and irrevocably remise, release, and forever discharge Pitkin County, its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies,partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators both current and former(the "County Released Parties"), of and from any and all liability, actions, claims, liabilities, damages (including, without limitation, nominal, actual, and compensatory damages, punitive and exemplary damages, and direct and consequential damages), debts, fines, interest,penalties, demands, costs, expenses (including, without limitation, attorneys' fees, mediation expenses, and other costs of litigation), causes of action (whether at law, equity, or otherwise), suits, or obligations of any nature, whether statutory, contractual, or in tort, whether known or unknown, foreseen or unforeseen, accrued or hereafter accruing, which CDH, has ever had, now have, or may have against the County Released Parties, arising at any time up to and including the date of this release, or arising from any action, failure to act, occurrence, or event prior to the date hereof, including but not limited to any claims, crossclaims or counterclaims which were or could have been asserted in connection with the case known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No 14 CV 30028. Dated: , 2014 CD Holdings, LLC, a Colorado limited liability company By: Colette Daniels Its Manager Subscribed and sworn to before me this day of , 2014, by CD Holdings, LLC, by and through Colette Daniels, its manager. Witness my hand and official seal. My commission expires: Notary Public 8 EXHIBIT B-3 GENERAL RELEASE In consideration for the covenants and conditions set forth in that certain Settlement Agreement entered into as of the day of , 2014 by and among CD Holdings LLC, a Colorado limited liability company("CDH"), Milton D. McKenzie and Areta B. McKenzie (the"McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County"), the amount, sufficiency and performance of which is hereby acknowledged, HCE, for itself and on behalf of its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators, does hereby unconditionally and irrevocably remise, release, and forever discharge CDH, its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators both current and former(the "CDH Released Parties"), of and from any and all liability, actions, claims, liabilities, damages (including, without limitation, nominal, actual, and compensatory damages, punitive and exemplary damages, and direct and consequential damages), debts, fines, interest,penalties, demands, costs, expenses (including, without limitation, attorneys' fees, mediation expenses, and other costs of litigation), causes of action (whether at law, equity, or otherwise), suits, or obligations of any nature, whether statutory, contractual, or in tort, whether known or unknown, foreseen or unforeseen, accrued or hereafter accruing, which HCE, has ever had, now have, or may have against the CDH Released Parties, arising at any time up to and including the date of this release, or arising from any action, failure to act, occurrence, or event prior to the date hereof, including but not limited to any claims, crossclaims or counterclaims which were or could have been asserted in connection with the case known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No 14 CV 30028. Dated: , 2014 High Country Engineering, Inc., a Colorado corporation By: Its Subscribed and sworn to before me this day of , 2014, by High Country Engineering, Inc.,by and through , its Witness my hand and official seal. My commission expires: Notary Public 9 EXHIBIT B-4 GENERAL RELEASE In consideration for the covenants and conditions set forth in that certain Settlement Agreement entered into as of the day of , 2014 by and among CD Holdings LLC, a Colorado limited liability company("CDH"), Milton D. McKenzie and Areta B. McKenzie (the"McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County"), the amount, sufficiency and performance of which is hereby acknowledged, HCE, for itself and on behalf of its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators, does hereby unconditionally and irrevocably remise, release, and forever discharge the McKenzies, and each of them, and their respective predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives, heirs, executors, and administrators both current and former (the "McKenzie Released Parties"), of and from any and all liability, actions, claims, liabilities, damages (including, without limitation, nominal, actual, and compensatory damages, punitive and exemplary damages, and direct and consequential damages), debts, fines, interest,penalties, demands, costs, expenses (including, without limitation, attorneys' fees, mediation expenses, and other costs of litigation), causes of action(whether at law, equity, or otherwise), suits, or obligations of any nature, whether statutory, contractual, or in tort, whether known or unknown, foreseen or unforeseen, accrued or hereafter accruing, which HCE, has ever had, now have, or may have against the McKenzie Released Parties, arising at any time up to and including the date of this release, or arising from any action, failure to act, occurrence, or event prior to the date hereof, including but not limited to any claims, crossclaims or counterclaims which were or could have been asserted in connection with the case known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No 14 CV 30028. Dated: , 2014 High Country Engineering, Inc., a Colorado corporation By: Its Subscribed and sworn to before me this day of , 2014, by High Country Engineering, Inc.,by and through , its . Witness my hand and official seal. My commission expires: Notary Public 10 EXHIBIT B-5 GENERAL RELEASE In consideration for the covenants and conditions set forth in that certain Settlement Agreement entered into as of the day of , 2014 by and among CD Holdings LLC, a Colorado limited liability company("CDH"), Milton D. McKenzie and Areta B. McKenzie (the"McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County"), the amount, sufficiency and performance of which is hereby acknowledged, HCE, for itself and on behalf of its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives, and administrators, does hereby unconditionally and irrevocably remise, release, and forever discharge Pitkin County, its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies,partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives, heirs, executors, and administrators both current and former(the"County Released Parties"), of and from any and all liability, actions, claims, liabilities, damages (including, without limitation, nominal, actual, and compensatory damages, punitive and exemplary damages, and direct and consequential damages), debts, fines, interest, penalties, demands, costs, expenses (including, without limitation, attorneys' fees, mediation expenses, and other costs of litigation), causes of action(whether at law, equity, or otherwise), suits, or obligations of any nature, whether statutory, contractual, or in tort, whether known or unknown, foreseen or unforeseen, accrued or hereafter accruing, which HCE, has ever had, now have, or may have against the County Released Parties, arising at any time up to and including the date of this release, or arising from any action, failure to act, occurrence, or event prior to the date hereof, including but not limited to any claim, crossclaims or counterclaims which were or could have been asserted in connection with the case known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No 14 CV 30028. Dated: , 2014 High Country Engineering, Inc., a Colorado corporation By: Its Subscribed and sworn to before me this day of , 2014, by High Country Engineering, Inc.,by and through , its Witness my hand and official seal. My commission expires: Notary Public 11 EXHIBIT B-6 GENERAL RELEASE In consideration for the covenants and conditions set forth in that certain Settlement Agreement entered into as of the day of , 2014 by and among CD Holdings LLC, a Colorado limited liability company("CDH"), Milton D. McKenzie and Areta B. McKenzie (the"McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County"), the amount, sufficiency and performance of which is hereby acknowledged, Pitkin County, for itself and on behalf of its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators, does hereby unconditionally and irrevocably remise, release, and forever discharge CDH, its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators both current and former(the "CDH Released Parties"), of and from any and all liability, actions, claims, liabilities, damages (including, without limitation, nominal, actual, and compensatory damages, punitive and exemplary damages, and direct and consequential damages), debts, fines, interest,penalties, demands, costs, expenses (including, without limitation, attorneys' fees, mediation expenses, and other costs of litigation), causes of action (whether at law, equity, or otherwise), suits, or obligations of any nature, whether statutory, contractual, or in tort, whether known or unknown, foreseen or unforeseen, accrued or hereafter accruing, which Pitkin County, has ever had, now have, or may have against the CDH Released Parties, arising at any time up to and including the date of this release, or arising from any action, failure to act, occurrence, or event prior to the date hereof, including but not limited to any claims, crossclaims or counterclaims which were or could have been asserted in connection with the case known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No 14 CV 30028. Dated: , 2014 Pitkin County Board of County Commissioners By: Rob Ittner, Its Chair Subscribed and sworn to before me this day of , 2014, by Pitkin County Board of County Commissioners,by and through Ron Ittner, its Chair. Witness my hand and official seal. My commission expires: Notary Public 12 EXHIBIT B-7 GENERAL RELEASE In consideration for the covenants and conditions set forth in that certain Settlement Agreement entered into as of the day of , 2014 by and among CD Holdings LLC, a Colorado limited liability company("CDH"), Milton D. McKenzie and Areta B. McKenzie (the"McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County"), the amount, sufficiency and performance of which is hereby acknowledged, Pitkin County, for itself and on behalf of its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators, does hereby unconditionally and irrevocably remise, release, and forever discharge HCE, its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators both current and former(the "HCE Released Parties"), of and from any and all liability, actions, claims, liabilities, damages (including, without limitation, nominal, actual, and compensatory damages, punitive and exemplary damages, and direct and consequential damages), debts, fines, interest,penalties, demands, costs, expenses (including, without limitation, attorneys' fees, mediation expenses, and other costs of litigation), causes of action (whether at law, equity, or otherwise), suits, or obligations of any nature, whether statutory, contractual, or in tort, whether known or unknown, foreseen or unforeseen, accrued or hereafter accruing, which Pitkin County, has ever had, now have, or may have against the HCE Released Parties, arising at any time up to and including the date of this release, or arising from any action, failure to act, occurrence, or event prior to the date hereof, including but not limited to any claims, crossclaims or counterclaims which were or could have been asserted in connection with the case known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No 14 CV 30028 and claims related to all surveying services HCE provided for the property located at Lots K-O, Block 54, City and Townsite of Aspen, Pitkin County, Colorado 81611, commonly known as 220 West Cooper Avenue, Aspen, Pitkin County, Colorado 81611. Dated: , 2014 Pitkin County Board of County Commissioners By: Rob Ittner, Its Chair Subscribed and sworn to before me this day of , 2014, by Pitkin County Board of County Commissioners,by and through Ron Ittner, its Chair. Witness my hand and official seal. My commission expires: Notary Public 13 EXHIBIT B-8 GENERAL RELEASE In consideration for the covenants and conditions set forth in that certain Settlement Agreement entered into as of the day of , 2014 by and among CD Holdings LLC, a Colorado limited liability company("CDH"), Milton D. McKenzie and Areta B. McKenzie (the"McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County"), the amount, sufficiency and performance of which is hereby acknowledged, Pitkin County, for itself and on behalf of its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators, does hereby unconditionally and irrevocably remise, release, and forever discharge the McKenzies, and each of them, and their respective predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives, heirs, executors, and administrators both current and former (the "McKenzie Released Parties"), of and from any and all liability, actions, claims, liabilities, damages (including, without limitation, nominal, actual, and compensatory damages, punitive and exemplary damages, and direct and consequential damages), debts, fines, interest,penalties, demands, costs, expenses (including, without limitation, attorneys' fees, mediation expenses, and other costs of litigation), causes of action(whether at law, equity, or otherwise), suits, or obligations of any nature, whether statutory, contractual, or in tort, whether known or unknown, foreseen or unforeseen, accrued or hereafter accruing, which Pitkin County, has ever had, now have, or may have against the McKenzie Released Parties, arising at any time up to and including the date of this release, or arising from any action, failure to act, occurrence, or event prior to the date hereof, including but not limited to any claims, crossclaims or counterclaims which were or could have been asserted in connection with the case known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No 14 CV 30028. Dated: , 2014 Pitkin County Board of County Commissioners By: Rob Ittner Its Chair Subscribed and sworn to before me this day of , 2014, by Pitkin County Board of County Commissioners,by and through Ron Ittner, its Chair. Witness my hand and official seal. My commission expires: Notary Public 14 EXHIBIT B-9 GENERAL RELEASE In consideration for the covenants and conditions set forth in that certain Settlement Agreement entered into as of the day of , 2014 by and among CD Holdings LLC, a Colorado limited liability company("CDH"), Milton D. McKenzie and Areta B. McKenzie (the"McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County"), the amount, sufficiency and performance of which is hereby acknowledged, the McKenzies, and each of them, for themselves and on behalf of each of their respective predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives, heirs, executors and administrators, do hereby unconditionally and irrevocably remise, release, and forever discharge HCE, its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators both current and former (the "HCE Released Parties"), of and from any and all liability, actions, claims, liabilities, damages (including, without limitation, nominal, actual, and compensatory damages, punitive and exemplary damages, and direct and consequential damages), debts, fines, interest,penalties, demands, costs, expenses (including, without limitation, attorneys' fees, mediation expenses, and other costs of litigation), causes of action(whether at law, equity, or otherwise), suits, or obligations of any nature, whether statutory, contractual, or in tort, whether known or unknown, foreseen or unforeseen, accrued or hereafter accruing, which the McKenzies, and each of them, has ever had, now have, or may have against the HCE Released Parties, arising at any time up to and including the date of this release, or arising from any action, failure to act, occurrence, or event prior to the date hereof, including but not limited to any claims, crossclaims or counterclaims which were or could have been asserted in connection with the case known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No 14 CV 30028 and claims related to all surveying services HCE provided for the property located at Lots K-O, Block 54, City and Townsite of Aspen, Pitkin County, Colorado 81611, commonly known as 220 West Cooper Avenue, Aspen, Pitkin County, Colorado 81611. Dated: , 2014 Milton D. McKenzie Subscribed and sworn to before me this day of , 2014,by Milton D. McKenzie. Witness my hand and official seal. My commission expires: Notary Public 15 Areta B. McKenzie Subscribed and sworn to before me this day of , 2014, by Areta B. McKenzie. Witness my hand and official seal. My commission expires: Notary Public 16 EXHIBIT B-10 GENERAL RELEASE In consideration for the covenants and conditions set forth in that certain Settlement Agreement entered into as of the day of , 2014 by and among CD Holdings LLC, a Colorado limited liability company("CDH"), Milton D. McKenzie and Areta B. McKenzie (the"McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County"), the amount, sufficiency and performance of which is hereby acknowledged, the McKenzies, and each of them, for themselves and on behalf of each of their respective predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives, heirs, executors and administrators, do hereby unconditionally and irrevocably remise, release, and forever discharge Pitkin County, its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies,partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators both current and former(the "County Released Parties"), of and from any and all liability, actions, claims, liabilities, damages (including, without limitation,nominal, actual, and compensatory damages, punitive and exemplary damages, and direct and consequential damages), debts, fines, interest, penalties, demands, costs, expenses (including, without limitation, attorneys' fees, mediation expenses, and other costs of litigation), causes of action(whether at law, equity, or otherwise), suits, or obligations of any nature, whether statutory, contractual, or in tort, whether known or unknown, foreseen or unforeseen, accrued or hereafter accruing, which the McKenzies, and each of them, has ever had, now have, or may have against the County Released Parties, arising at any time up to and including the date of this release, or arising from any action, failure to act, occurrence, or event prior to the date hereof, including but not limited to any claims, crossclaims or counterclaims which were or could have been asserted in connection with the case known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No 14 CV 30028. Dated: , 2014 Milton D. McKenzie Subscribed and sworn to before me this day of , 2014,by Milton D. McKenzie. Witness my hand and official seal. My commission expires: Notary Public Areta B. McKenzie 17 Subscribed and sworn to before me this day of , 2014, by Areta B. McKenzie. Witness my hand and official seal. My commission expires: Notary Public 18 EXHIBIT B-11 LIMITED RELEASE In consideration for the covenants and conditions set forth in that certain Settlement Agreement entered into as of the day of , 2014 by and among CD Holdings LLC, a Colorado limited liability company("CDH"), Milton D. McKenzie and Areta B. McKenzie (the"McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County"), the amount, sufficiency and performance of which is hereby acknowledged, the McKenzies, and each of them, for themselves and on behalf of each of their respective predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives, heirs, executors and administrators, do hereby unconditionally and irrevocably remise, release, and forever discharge CDH, its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators both current and former (the "CDH Released Parties"), of and from any and all liability, actions, claims, liabilities, damages (including, without limitation, nominal, actual, and compensatory damages, punitive and exemplary damages, and direct and consequential damages), debts, fines, interest,penalties, demands, costs, expenses (including, without limitation, attorneys' fees, mediation expenses, and other costs of litigation), causes of action(whether at law, equity, or otherwise), suits, or obligations of any nature, whether statutory, contractual, or in tort, whether known or unknown, foreseen or unforeseen, accrued or hereafter accruing, which the McKenzies, and each of them, has ever had, now have, or may have against the CDH Released Parties, arising at any time up to and including the date of this release, or arising from any action, failure to act, occurrence, or event prior to the date hereof, OTHER THAN claims or counterclaims which were or could have been asserted specifically arising from, concerning or relating to the subject matter of the Third and Fourth Claims for Relief asserted by CDH in the case known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No 14 CV 30028, which claims or counterclaims are expressly preserved. Dated: , 2014 Milton D. McKenzie Subscribed and sworn to before me this day of , 2014, by Milton D. McKenzie. Witness my hand and official seal. My commission expires: Notary Public 19 Areta B. McKenzie Subscribed and sworn to before me this day of , 2014,by Areta B. McKenzie. Witness my hand and official seal. My commission expires: Notary Public 20 EXHIBIT B-12 LIMITED RELEASE In consideration for the covenants and conditions set forth in that certain Settlement Agreement entered into as of the day of , 2014 by and among CD Holdings LLC, a Colorado limited liability company("CDH"), Milton D. McKenzie and Areta B. McKenzie (the"McKenzies"), High Country Engineering, Inc., a Colorado corporation("HCE") and the Board of County Commissioners of Pitkin County, Colorado ("Pitkin County"), the amount, sufficiency and performance of which is hereby acknowledged, CDH, for itself and on behalf of each of its predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives and administrators, do hereby unconditionally and irrevocably remise, release, and forever discharge the McKenzies, and each of them, and their respective predecessors, successors, affiliates, members, managers, employees, agents, corporations, management companies, limited liability companies, partnerships, divisions, successors, assigns, trustees, directors, officers, insurers, attorneys, representatives, heirs, executors, and administrators both current and former(the "McKenzie Released Parties"), of and from any and all liability, actions, claims, liabilities, damages (including, without limitation, nominal, actual, and compensatory damages, punitive and exemplary damages, and direct and consequential damages), debts, fines, interest,penalties, demands, costs, expenses (including, without limitation, attorneys' fees, mediation expenses, and other costs of litigation), causes of action(whether at law, equity, or otherwise), suits, or obligations of any nature, whether statutory, contractual, or in tort, whether known or unknown, foreseen or unforeseen, accrued or hereafter accruing, which CDH has ever had, now have, or may have against the McKenzie Released Parties, arising at any time up to and including the date of this release, or arising from any action, failure to act, occurrence, or event prior to the date hereof, OTHER THAN claims or counterclaims which were or could have been asserted specifically arising from, concerning or relating to the subject matter of the Third and Fourth Claims for Relief asserted by CDH in the case known as CD Holdings LLC v. Milton D. McKenzie, Areta B. McKenzie and High Country Engineering, Inc., Pitkin County District Court Case No 14 CV 30028, which claims or counterclaims are expressly preserved. Dated: , 2014 CD Holdings, LLC, a Colorado limited liability company By: Colette Daniels Its Manager Subscribed and sworn to before me this day of , 2014, by CD Holdings, LLC, by and through Colette Daniels, its manager. Witness my hand and official seal. My commission expires: Notary Public 21 EXHIBIT C District Court, Pitkin County, Colorado 506 E. Main Street, Aspen, Colorado 81611 Tel: (970) 925-7635 Plaintiff: CD Holdings LLC, a Colorado limited liability company, A COURT USE ONLY^ v. Defendants: Milton D. McKenzie, an individual, Areta B. Case Number: 14 CV 30028 McKenzie, an individual, and High Country Engineering, Inc., a Colorado corporation, Division: 5 Courtroom and Counterclaimant/Third-Party Plaintiff: High Country Engineering, Inc., a Colorado corporation, v. Counterclaim Defendant: CD Holdings LLC, a Colorado limited liability company, and Third-Party Defendant: Board of County Commissioners of Pitkin County, Colorado. Attorney for Plaintiff: Kenneth E. Citron KLEIN COTE EDWARDS CITRON LLC 101 South Mill Street, Suite 200 Aspen, Colorado 81611 Phone Number: 970-925-8700 Fax Number: 970-925-3977 E-mail: kcitron@kceclaw.com Atty. Reg. #: 43083 STIPULATION OF PARTIAL DISMISSAL WITH PREJUDICE NOTICE IS HEREBY GIVEN by plaintiff CD Holdings LLC, a Colorado limited liability company, defendants Milton D. McKenzie, an individual, Areta B. McKenzie, an individual, High Country Engineering, Inc., a Colorado corporation, and third-party defendant Board of 22 County Commissioners of Pitkin County, Colorado, by and through their respective undersigned attorneys, that the parties hereto hereby stipulate to the dismissal with prejudice of the following claims and counterclaims asserted herein, pursuant to C.R.C.P. 41(a)(1), with each party to bear its own costs, expenses and fees, including attorneys' fees: (i) the First and Second Claims for Relief asserted in plaintiff's Complaint against defendants Milton D. McKenzie and Areta B. McKenzie; (ii) the Fifth Claim for Relief asserted in plaintiff's Complaint against defendant High Country Engineering, Inc.; (iii) the Claim for Relief asserted in High Country Engineering, Inc.'s Answer to Complaint, Jury Demand, Counterclaim and Third-Party Complaint against plaintiff CD Holdings LLC and third-party defendant Board of County Commissioners of Pitkin County, Colorado; and (iv) the Claim for Relief asserted in the Answer, Affirmative Defenses, Jury Demand, Counterclaims and Third-Party Complaint of Defendants Milton D. McKenzie and Areta B. McKenzie against plaintiff CD Holdings LLC and third-party defendant Board of County Commissioners of Pitkin County, Colorado. NOTICE IS FURTHER GIVEN, that the parties stipulate and agree that the Third and Fourth Claims for Relief asserted in plaintiffs Complaint against defendants Milton D. McKenzie and Areta B. McKenzie and any Counterclaims related thereto, shall not be dismissed in connection with this Stipulation Dated this day of , 2014. KLEIN COTE EDWARDS CITRON LLC Attorneys for CD Holdings LLC By: /s/ Original Signature on File Kenneth E. Citron BALCOMB & GREEN, P.C. Attorneys for Milton D. McKenzie and Areta B. McKenzie By: lsl Original Signature on File Lucas F. Van Arsdale MONTGOMERY LITTLE & SORAN, P.C. Attorneys for High Country Engineering, Inc By: /s/Original Signature on File William J. Searfoorce, Jr. PITKIN COUNTY ATTORNEY'S OFFICE Attorneys for Board of County Commissioners of Pitkin County By: /s/Original Signature on File John M. Ely 23 CERTIFICATE OF SERVICE I certify that on , 2014 this STIPULATION OF PARTIAL DISMISSAL WITH PREJUDICE was filed in paper format or electronically filed via ICCES and the following parties were to be notified of the service this date via ICCES and/or via United States mail, first class postage prepaid, to: Christopher L. Coyle, Esq. Lucas F. Van Arsdale, Esq. Balcomb & Green, P.C. Post Office Drawer 790 Glenwood Springs, Colorado 81602 William J. Searfoorce, Jr., Esq. Shawn A. Eady, Esq. Montgomery Little & Soran, P.C. The Quadrant 5445 DTC Parkway, Suite 800 Greenwood Village, Colorado 80111 John M. Ely, Esq. Christopher G. Seldin, Esq. Laura C. Makar, Esq. Pitkin County Attorney's Office 530 East Main Street, Suite 302 Aspen, Colorado 81611 /original signature on file/ Andrea Crouse 24