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HomeMy WebLinkAboutcoa.en.Drace Cap's Auto.1978 AGREEMENT THIS AGREEMENT made and entered into this day of , 1978, by and between the City of Aspen, Pitkin County, Colorado, hereinafter referred to as "Aspen" and Drako, Inc. d /b /a Cap's Auto Supply Ltd. herein- after referred to as "Licensee ". WHEREAS, Licensee is the lessee of the following described property located in the City of Aspen, Pitkin County, Colorado: Parcel A: a part of the southwest a of the southwest a of Section 7, Township 10 South, Range 84 West of the 6th prime meridian including therein fractional block 85, City and townsite of Aspen, described as follows: Beginning at a point where the northwest corner of Lot A, Block 86, City and townsite of Aspen being south 14 degrees, 50 minutes, 49 seconds west 86.68 feet which point is on the extended easterly line of the Mill Street; thence south 75 degrees, 9 minutes, 11 seconds east 135.6 feet, more or less to a point on the line between corners 4 and 5 of Aspen townsite; thence north 43 degrees, 13 minutes, 20 seconds, west along said townsite line 165.23 feet more or less to the easterly line of Mill Street; thence south 14 degrees, 15 minutes, 49 seconds west 87.4 feet more or less to the point of beginning. Parcel B: that part of southwest , of the south- west ; Section 7 -10 -84 west of the 6th prime meridian including therein fractional Block 85, City and townsite of Aspen described as follows: Beginning at a point where the northwest corner of Lot A, Block 86, City and townsite of Aspen being 14 degrees, 50 minutes, 49 seconds west 86.68 feet which point is on the extended easterly line of Mill Street; thence south 75 degrees, 9 minutes, 11 seconds east 135.6 feet, more or less to a point on the line between corners 4 and 5 of Aspen townsite; thence north 43 degrees, 13 minutes, 20 seconds, west along said townsite line 4 feet more or less to the easterly corner of property described in Book 260 at Page 896 of the Pitkin County records. Thence 76 degrees, 9 minutes, 11 seconds west 138.65 feet more or less to the extended easterly line of Mill Street, thence south 14 degrees, 15 minutes 40 seconds west 2 feet to the point of beginning. WHEREAS, said property abuts the following described City of Aspen property: A tract of land abutting Line 4 -5 of the Original Aspen Townsite lying easterly of North Mill Street and southwesterly of the Roaring Fork River commonly known as the "Rio Grande Property ". WHEREAS, Licensee desires to encroach upon said city property as shown on the attached Exhibit "A" for the following purposes: Parking and vehicular and pedestrian circulation. WHEREAS, Aspen agrees to the grant of a private license of encroachment subject to certain conditions. THEREFORE, in consideration of the mutual agreement herein- after contained, Aspen and Licensee covenant and agree as follows: 1. A private license is hereby granted to Licensee to occupy, maintain and utilize the above - described portion of Aspen's property for the sole purpose described. 2. This license is granted for a perpetual term subject to being terminated at any time and for any reason at the sole discretion of the City Council of the City of Aspen. 3. This license is made subordinate to the right of Aspen to use said area for any public purpose. 4. Licensee is responsible for the maintenance and repair of the property, together with improvements constructed therein, which Aspen, in the exercise of its discretion, shall determine to be necessary to keep the same in a safe and clean condition. 5. Licensee shall at all times during the term hereof, carry public liability insurance against personal injury and property damage protecting Aspen against any and all claims as a result of or arising out of the use and maintenance by Licensee of said property. 6. Licensee shall hold Aspen whole and harmless against any and all claims for damages, costs and expenses, to persons or property that may arise out of, or be occasioned by the use, occupancy and maintenance of said property by Licensee, or from any act or omission of any representative, agent, customer and /or employee of Licensee. -2- 7. Licensee agrees that no vehicle shall be stored on the above - described property for a period of more than fourteen (14) days. 3. This license may be terminated by Licensee at any time and for any reason on thirty (30) days' written notice of their intent to cancel. This license may be terminated by Aspen at any time and for any reason by resolution duly passed by the City Council of the City of Aspen. Upon termination, Licensee shall, at its expense, remove any improvements or encroachments from said property. The property shall be restored to its present condition and the restoration shall be made to the satisfaction of Aspen. 9. This license is subject to all state law, the provisions of the Charter of the City of Aspen as it now exists, or as may hereafter be adopted or amended, and the ordinances of the City of Aspen now in effect or those which may hereafter be passed and adopted. 10. Nothing herein shall be construed so as to prevent Aspen from granting to anyone such additional licenses or property interests in or affecting said property as it deems necessary. 11. The conditions hereof imposed on the granted license of encroachment shall constitute covenants running with the land, and binding upon Licensee, its successors and assigns. IN WITNESS WHEREOF, the parties executed this agreement at Aspen the day and year first written. CITY OF,AS EN, COLO9ADO Stacy tandley III Mayor VIA ATTEST: �_ -- Kathryn ?och City Cle k DRAKO, INC. /b /a Cap's Auto Supply Ltd. ATTEST: BY - , f. I / - 1' ( l l / I (. ( / l _ ti 1 1 i /� �' 1, � y it i p / / f ii / / r 1 _ , . 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