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ENCROACHMENT AGR?EMENT
This agreement made and entered into this day of
'; , 19 I'4 , by and between the CITY OF ASPEN, Pitkin County,
Colorado, hereinafter referred to as "Aspen" and the HOTEL JEROME
ASSOCIATES, a Colorado limited partnership, hereinafter referred to
as "Licensee. "
WHEREAS, Licensee is the owner of the following described
property located in the City of Aspen, Pitkin County, Colorado:
Lots A, B, Cr D, E, F, G, H, I, 0, P, Q, R, S►
easterly 20 feet of Lot N, and easterly 170
feet of vacated alley, Block 79, City and
Townsite of Aspen, Pitkin County, Colorado
WHEREAS, said property abuts the following described public
right-of-way(s) :
The 300 Block of East Main Street
} The 200 Block of South Mill Street
WHEREAS, Licensee desires to encroach upon said right-of-
way(s)
for the purpose of maintaining two existing
window wells, a portico, and a stairwell to
the basement of the Hotel Jerome.
WHEREAS, Aspen agrees to the grant of a private license of
encroachment as built subject to certain conditions.
111
THEREFORE, in consideration of the mutual agreement 4101,1
hereinafter contained, Aspen and Licensee covenant and agree as
follows:
'' 1. A private revocable license is hereby granted to Licensee
to occupy, maintain and utilize the above described portion of
public right-of-way for the window wells and entrance portico on
Main Street, and for the stairwell to the basement of the Hotel
Jerome along Mill Street.
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. Licensee is responsible for the maintenance and repair of
the public right-of-way, together with improvements constructed
therein, which Aspen, in the exercise of its reasonable discretion,
shall determine to be necessary to keep the same in a safe and
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4. Licensee shall at all times during the term hereof, carry
public liability insurance for the benefit of the City with limits
of not less than those specified by Section 24-10-114, C.R.B., as
may be amended from time to time, naming the City as co-insured.
Licensee shall maintain said coverage in full force and effect
during the term of this License and shall furnish the City with a
copy of such coverage or a certificate evidencing such coverage.
All insurance policies maintained pursuant to this agreement shall
contain the following endorsement:
"It is hereby understood and agreed that this
insurance policy may not be canceled by the
surety until thirty (30) days after receipt by
the City, by registered mail, of a written
notice of such intention to cancel or not to
renew. "
5. Licensee shall save, defend and hold 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 t`
employee of Licensee.
6. This license may be terminated by Licensee at any time
and for any reason on thirty (30) days written notice of Licensee's
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
Licensee's expense, remove any improvements or encroachments from
said property. The property shall be restored to a condition
satisfactory to Aspen.
7. This license is subject to all state laws, the provisions
of the Charter of the City of Aspen as it now exists or may
hereafter be amended, and the ordinances of the City of Aspen now
in effect or those which may hereafter be adopted.
8. Nothing herein shall be construed so as to prevent Aspen
from granting such additional licenses or property interests in or
affecting said property as it deems necessary.
9. The conditions hereof imposed on the granted license of
encroachment shall constitute covenants running with the land, a,�d
binding upon Licensee, their heirs, successors and assigns.
10. In any legal action to enforce the provisions of this
Agreement, the prevailing party shall be entitled to its reasonable
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attorney's fees.
' 11. If the structure for which this license was issued is
removed for any reason, Licensee may not rebuild in the same
location without obtaining another encroachment license.
IN WITNESS WHEREOF, they.
parties executed this agreement at
Aspen the day and year first written.
CITY OF ASPEN,,CQ ORADO
i r ,,
— --a
By `-. }
Frank Peters r.'r Mayor pro-tem
ATTEST:
KATHRYN : . KOC , City Clerk
i
HOTEL JEROME ASSOCIATES
By: T.A. at Aspen, Ltd.
as a general partner thereof
By: E z Weta1.;2" — `
Tony Yaptada, President
STATE OF NEW YORK ) {
ss
County of !/V VRx j
The foregoing instrument was acknowledged before me this G.t-ii 1\4413' ' :
.4 of rv<vtr96�,e , 19 0, by Tony Yamada, president of T.A. at
4 Aspen, Ltd, a general partner of Hotel Jerome Associates, Licensee.
a WITNESS MY HAND AND OFFICIAL SEAL.
T, My commission expires: /te/(4„dct..-l lc/ ,
Notary Public
n18\htoncrp2.kag
JANE F. OITZEL
N t,zry Pulaic, Stato 01 Now YOtic
N . 31-4910151
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