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HomeMy WebLinkAboutresolution.council.098-14 RESOLUTION NO. 98 Series of 2014 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, APPROVING A PROPOSED EASEMENT AGREEMENT BETWEEN THE CITY OF ASPEN AND THE DANCING BEAR RESIDENCES OWNERS ASSOCIATION, INC., A COLORADO NONPROFIT CORPORATION, AUTHORIZING THE CITY MANAGER TO EXECUTE A FINAL AGREEMENT ON BEHALF OF THE CITY OF ASPEN, COLORADO. WHEREAS, there has been submitted to the City Council a proposed Easement Agreement between the City of Aspen, Colorado and the Dancing Bear Residences Owners Association, Inc., a Colorado nonprofit corporation, a copy of which draft agreement is attached hereto and made a part thereof. NOW, WHEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN,COLORADO: Section One That the City Council of the City of Aspen hereby approves the entry into an Easement Agreement between the City of Aspen, State of Colorado and the Dancing Bear Residences Owners Association, Inc., a Colorado nonprofit corporation, a draft of which is attached hereto and does hereby authorize the City Manager of the City of Aspen to execute a final agreement on behalf of the City of Aspen in substantially the form attached hereto, subject to the approval of the City Manager and the City Attorney. Dated . 2014. ' Steve Ski(dron, M or 1, Linda Manning,duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of that resolution adopted by the City Council of the City of Aspen;Colorado, at a meeting held August 25, 2014. 'Linda Manning, City C1941K RECEPTION#: 615516, 11/19/2014 at 02:52:52 PM, 1 OF 12, R $66.00 Doc Code EASEMENT Janice K. Vos Caudill, Pitkin County, CO EASEMENT AGREEMENT This Easement Agreement ("Agreement") entered into this 19V—day of t�lg Vw—, 2014, by and between THE CITY OF ASPEN, a Colorado municipal corporation and home rule city, Grantor (hereinafter the "City" or "Grantor"); and the Dancing Bear Residences Owners Association, Inc., a Colorado nonprofit corporation (hereinafter "DBROA" or "Grantee") and Chart House Project Owner, LLC, a Delaware limited liability company (hereinafter "CHPO"), concerns and specifies the following: RECITALS WHEREAS, as part of the incorporation of the City of Aspen, commencing with the recording of a townsite plat in the Plat of Towns, page 1, at pages 28 and 29, of the real property records of Gunnison County on or about March 25, 1880, and continuing with the issuance of deed to the City of Aspen on April 3, 1888, by the Pitkin County Probate Judge, unless such street or alley has been duly vacated, the City of Aspen is the owner of all streets and alleys within the City, including the street and right-of-way known as Durant Avenue. Durant Avenue has never been vacated and is presently owned and controlled by the City of Aspen; and, WHEREAS, DBROA is the homeowners' association of the condominium project in Pitkin County, Colorado known as Dancing Bear Residences • Aspen which is legally described on Exhibit"A" attached hereto (the "Project"): and, WHEREAS, the Project is governed by and described in that certain Condominium Declaration for the Dancing Bear Residences • Aspen recorded in the Pitkin County real property records on January 23, 2009 as Reception No. 555974, as amended (the "Declaration"); and WHEREAS, pursuant to the Declaration, DBROA is responsible for the administration and operation of the Project; and, WHEREAS, Chart House Project Owner, LLC, a Delaware limited liability company ("CHPO") is the owner of certain real property in Pitkin County, Colorado that is legally described on Exhibit "B", which is also known and defined in the Declaration as the "Expansion Property"; and, WHEREAS, pursuant to the Declaration, it is contemplated that upon completion of the improvements on the Expansion Property, the Expansion Property will be submitted to the Declaration and become part of the Project; and WHEREAS, after the Expansion Property has been submitted to the Declaration and the Project includes the Expansion Property, Grantee (and not CHPO) will administer and operate the Expansion Property as part of the Project; and WHEREAS, the Project and the Expansion Property are located across Durant Avenue from each other in the 200 block of Durant Avenue in the City of Aspen; and, WHEREAS, Grantee desires to construct at its own cost and expense a tunnel beneath Durant Avenue, linking the Project with the Expansion Property, which tunnel would be for the exclusive use of Grantee's employees, invitees and guests; and WHEREAS, the City is willing to grant and convey an easement to Grantee for the construction of the proposed tunnel on the terms and conditions herein provided. THEREFORE, IN CONSIDERATION of the promises and agreements set forth below, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: I. Grant of Easement. The City does hereby grant and convey to Grantee, for the benefit of the Project and the Expansion Property a temporary, exclusive easement (the "Easement") for the purposes of providing Grantee with the right to construct, access, maintain, repair, inspect, test, preserve, operate and replace a tunnel and related appurtenances (the "Tunnel") that will provide access and pedestrian connection between the Project and the Expansion Property. The Easement shall be entirely below grade, located approximately 13 to 13 1/2 feet below the surface of the City right-of-way and street known as Durant Avenue. The Easement shall be approximately 12 feet in width for approximately 25 feet in length, 20 feet in width for approximately 20 feet in length, and 12 feet in width for another approximately 50 feet in length, extending from the property line of the Expansion Property to the property line of the Project, and approximately 12 feet in height. The exact location, extent and dimensions of the Easement are depicted on the Map, attached hereto as Exhibit "C" and the legal description attached hereto as Exhibit "D". 2. Term of the Easement. This is a temporary easement granted for a period of forty-years following the date of the execution of this Easement Agreement. The easement may be extended by the City in its discretion at any time prior to the end of the expiration of the initial tern. 3. Termination. In the event that the City of Aspen in its sole discretion determines that the property within the easement is needed for public purposes, the City may terminate the easement by a resolution of termination adopted at a regular meeting of the Aspen City Council. Grantee shall be provided notice not less than thirty days prior to the consideration of any resolution of termination. If the Easement is terminated pursuant to this section, Grantee shall have one year from the date of the resolution to vacate the premises and at its sole costs and expense (i) seal the Tunnel if necessary to assure the safety of the citizens of the City of Aspen; (ii) remove all items constructed in the easement that could reasonably interfere with the public purposes for which the property within the easement is needed; and (iii) restore the property to the fullest extent reasonably practicable to accommodate the public purposes for which the property within the easement is needed. Restoration required pursuant to this Section 3 shall comply with all City standards applicable at the time of restoration and shall be approved by the City Engineer. 4 . Exclusivity. The Tunnel shall be a private passageway for the exclusive use by Grantee and Grantee's employees, invitees and guests. 2 s. Permits/Construction Details. Grantee at its own cost and expense shall obtain all permits required for the Tunnel and construct the Tunnel and all improvements set forth in this Agreement. 6. As-Built Survey. Grantee shall provide the City with an as-built survey of the Tunnel, as constructed. If in the reasonable opinion of the City, such as-built survey requires an amendment to the terms of this Agreement or any exhibit attached hereto, the parties shall prepare a mutually acceptable amendment to this Agreement or exhibit, as the case may be. 7. Protection of Utilities. Grantee at its cost and expense shall coordinate with all appropriate utility companies to ensure that Grantee's work does not interfere with any utilities located within or in proximity of the easement area. Further, Grantee agrees to relocate or construct certain water and storm water facilities within Durant Avenue as designated by the Director of Engineering and the Director of Utilities. The relocation of such facilities or utilities shall be completed prior to the issuance of a certificate of occupancy or certificate of completion for the Tunnel. If any utility is required to be installed or modified in the future, including but not limited to sanitation facilities of the Aspen Consolidated Sanitation District (ACSD), and such expansion or installation is affected by the existence of the Tunnel, then Grantee agrees that it will pay any incremental costs incurred by the entity installing or modifying the utility as a result of the existence and location of the Tunnel. Although the Tunnel is not an "underground facility" as defined by C.R.S. Section 9-1.5-102 (7), Grantee shall, if possible,join the Statewide Notification Association of Owners and Operators of Underground Facilities by contacting the Utility Notification Center of Colorado, 12600 West Colfax Avenue, Suite B-310. Grantee is fully responsible for any and all damages incurred to facilities of the City Water Department and/or drainage facilities for storm water and sanitary sewage of the ASCD due to activities authorized by this Agreement. In the event Grantee's facilities are damaged or destroyed due to the City's reasonable, usual and customary repair, replacement and/or operation of its facilities, in its ordinary course of business, repairs will be made by Grantee at its sole expense. The City shall give Grantee notice of any non-emergency repair or maintenance work to be performed on their facilities above or adjacent to the Tunnel at least two (2) weeks prior to the start of the work. Grantee agrees to defend, indemnify and save the City harmless and to repair or pay for the repair of any and all damages to said water facilities, storm water drainage facilities and/or sanitary sewer, or those damages resulting from the failure of the facilities to properly function as a result of the permitted structure. The Tunnel and street over the Tunnel shall be capable of withstanding an LRFD HL-93 loading in accordance with the latest AASHTO Specifications or as otherwise approved by the City Engineer. All installations within the Easement Area shall be constructed so that the paved section of the street/alley can be widened without requiring additional structural modifications. Grantee shall remove and replace any and all street paving, sidewalks, and curb and gutter, both inside the easement area and in the rights-of-way adjacent thereto, that become broken, damaged or unsightly_as a result of the activity of Grantee during the course of construction of the Tunnel. 3 In the future, Grantee shall also remove, replace or repair any street paving, sidewalks, and curb and gutter that become broken or damaged when, in the opinion of the City Engineer, the damage has been caused by the activity of Grantee within the easement area. All repair work shall be accomplished without cost to the City and under the supervision of the City Engineer. s. Compliance with Laws/Regulatory Requirements. Grantee at its sole expense shall comply with any and all laws, rules and/or regulatory requirements applicable to Grantee's work, including without limitation compliance with the construction management plan approved by the City. 9. Maintenance and Repair. Grantee shall be fully responsible at its cost and expense for maintenance, repair and replacement of the Tunnel, including without limitation maintenance and repair of any erosion or any other work related to keeping the Tunnel and subjacent portion of the Easement and easement area in good condition and repair. 10. Access to Easement Premises by City. The City's agents, employees, contractors and other designated persons may go upon the Easement premises set forth above at all reasonable times with reasonable notice to undertake routine inspection, operation, maintenance or expansion of any City facilities or utilities in the proximity of the Tunnel. In the event the City plans major repairs or replacement of infrastructure, facilities or utilities within the proximity of the Easement, it shall provide Grantee with reasonable advance notice of the work to be undertaken, and the estimated time of completion and endeavor not to disrupt the operations, use or enjoyment of the Tunnel more than reasonably necessary. 11. Security. In addition to or in connection with any security required pursuant to any land use approvals granted by the City for the construction of the Tunnel, prior to the issuance of a building permit, Grantee shall provide sufficient security, as approved by the City Engineer, the City Manager and City Attorney, to allow the City to enter the premises to protect City property and seal the Tunnel if necessary to assure the safety of the citizens of the City of Aspen in the event the construction project that is proposed by this easement, the Tunnel, is abandoned prior to completion. The project shall be deemed abandoned in the event that construction ceases for a period of ninety (90) days or longer without the prior consent of the City and continues for another ninety (90) days following notice to Grantee of a right to cure the failure to continue or resume construction. In the event that such notice is given to Grantee and Grantee shall fail to resume construction within ninety(90) days of the date of notice, then Grantee will be deemed to have consented to access to Grantee's premises necessary to perform the actions required to secure the property and seal the Tunnel, if necessary. The Tunnel shall be deemed substantially complete when it connects the Project to the Expansion Property and is structurally sound such that only interior finish work remains to be completed. Following construction of the Tunnel, Grantee shall provide such security as may be required for the work contemplated by paragraph 3 above that will be required upon the termination of this Agreement. The security required by this section shall be in the form of cash, bond, letter of credit or such other form as is acceptable to the City Attorney. 12. Indemnification. Grantee shall be responsible for any and all claims, demands, actions, losses, liabilities, or expenses of whatever sort, including attorney fees, that are brought against 4 them by any person or entity arising out of or in connection with Grantee's construction of the Tunnel and/or use or occupancy of the Easement premises, or the use or occupation of the Easement premises by their agents, employees, contractors, invitees or licensees. Grantee and its officers, directors, members, employees, agents, contractors, representatives, heirs or assigns may be held jointly and severally liable under any statute, decision, or other law providing for such joint and several liability for their respective activities on the subject property or easement premises, the obligations of each to respond in damages shall be apportioned, as between the parties in proportion to the contributions of each as measured by the acts and omissions of each which in fact caused such legal injury, damage or harm as determined by court judgment or settlement of claims. Further, Grantee agrees to hold the City harmless from and against all claims, demands, causes of action, damages, losses, liabilities, costs, and expenses, including but not limited to attorneys' fees, suffered or incurred by the City on account of or with respect to property damage or injury or death to persons caused by Grantee's construction of the Tunnel and/or use or occupancy of the Easement premises or Grantee's agents, consultants, contractors, or subcontractors, on account of or with respect to their respective acts or omissions on or about the subject property, including but not limited to their respective professional, consulting, construction, maintenance, or repair services. If any action or proceeding is brought against the City, its employees, or agents, by reason of any such claim, Grantee, upon notice from the City, will defend the claim at Grantee's expense with counsel reasonably satisfactory to the City. 13. Insurance. Grantee and any contractor(s) retained by Grantee and any subcontractors performing work with respect to the construction and installation of the Tunnel shall, prior to their respective first entries on or about City's Property, and thereafter maintain in full force and effect for the duration of their respective periods of work, policies of liability and property damage insurance in forms and with insurance companies reasonably satisfactory to the City with limits of not less than $2,000,000 per occurrence and $5,000,000 in the aggregate for liability and property damage, written on an occurrence basis, and otherwise reasonably acceptable to the City and naming the City as an additional insured. Insurance provided by Grantee pursuant to preceding sentence must remain in full force and effect during the tern of this easement and extensions thereof. The City may adjust the amount of required insurance coverage based on inflation increases from time to time. No more than one adjustment may be made in any two year period. All of such coverages shall be primary with respect to any policies of insurance obtained or maintained by the City. Each of such party, Grantee, contractors and subcontractors shall provide the City with a certified copy of each respective policy or a certificate evidencing that such insurance is in full force and effect. City as an additional insured and evidencing that each respective policy shall not be cancelled or amended absent 45 days' prior written notice to City, prior to Grantee's and each respective contractor's and subcontractor's first entry on or about City's Property. Additionally. Grantee and each such contractor and subcontractor shall, for the duration of its respective period of work, obtain and maintain in full force and effect worker's compensation insurance meeting statutory limits and otherwise complying with Colorado law. in . Notices. All written notices required to be given shall be deemed given upon hand delivery or email to the person or entity to whom directed at its address shown herein, or at such other address as shall be given by notice pursuant to this paragraph. Copies of such notices shall be directed to the following addresses: 5 TO CITY: City Manager 130 S. Galena St. Aspen, CO 81612 Fax No. (970) 920-5119 With a copy to: Aspen City Attorney 130 South Galena Street Aspen, Colorado 81611 Fax No. (970) 920-5119 TO GRANTEE: Dancing Bear Residences Owners Association, Inc. 411 S. Monarch Street Aspen, CO 81611 Fax No.: (970) 920-2530 Chart House Project Owner, LLC P.O. Box G Aspen, CO 81612 Fax No.: (970) 920-3258 With a copy to: Chris LaCroix Garfield & Hecht, P.C. 601 E. Hyman Ave. Aspen, CO 81611 Fax No.: (970) 925-3008 is. Binding Agreement - Recording. This Agreement is binding upon the parties hereto. their successors and assigns, and any sale of the Project or the Expansion Property, or any portion thereof shall be subject to this Agreement. To this end it is agreed and understood that any obligation set forth herein shall be a continuing obligation of Grantee and CHPO and any successor homeowner associations that may be created on these two properties. This Agreement shall be recorded with the Pitkin County Clerk and Recorder, and shall impose an easement and covenants running with the land upon the subject property. Deeds to subsequent owners of the Project or the Expansion Property shall provide notice of this Agreement and the obligations contained herein. 6 15. Governing Law; Venue; Attorneys' Fees. This Agreement and the rights and obligations of the parties hereunder shall be governed by and construed in accordance with the laws of the State of Colorado. Venue for all actions arising under this Agreement shall be Pitkin County, Colorado. In the event legal remedies must be pursued to resolve any dispute or conflict regarding the terms of this Agreement or the rights and obligations of the parties hereto, the substantially prevailing party shall be entitled to recover costs incurred in pursuing such remedies, including expert witness fees and reasonable attorney fees. 17. Authorization of Signatures. The parties acknowledge and represent to each other that all procedures necessary to validly contract and execute this Agreement have been performed and that the persons signing for each party have been duly authorized to do so. 18. Counterparts. This Agreement may be signed using counterpart signature pages, with the same force and effect as if all parties signed on the same signature page. 19. Vacation and Termination of Easement. In addition to the right to terminate set forth in paragraph 3, above, this Agreement shall be deemed terminated and vacated if Grantee does not commence construction of the Tunnel within two years of the execution of this Agreement. IN WITNESS WHEREOF, the parties have executed this Agreement the date and year first above written. THE CITY OF ASPEN, COLORADO A Municipal Corporation and Home Rule City By: �Qy Witnessed: Name: ugukdy Title: &f. r 44 t. APPROVED AS TO FORM: ji�! �_ spen City Attorney 7 STATE OF C o oia do ) ss. COUNTY OF ) SUBSCRIBED AND SWORN TO before me this 10'-day of LaQw ie✓ , 2014, by * 1Z� (name) as 1 �v�aµ�e� (title)—of City of Aspen. WITNESS my hand and official seat. My commission expires: d/ o5 Zo No6ry Public 8 GRANTEE: DANCING RESIDEN - WNERS ASSOCIATION. INC. By. 1 Name: IZO. b4c1 rPNl_ Title: V' sros r CHART HOUSE PROJECT OWNER, I LC Ry = n8 PrSpc.., vVica c.G i�z Wls�ejcT E3y: Name: a9cx Fide: Vfl671J -Gr STATE Or ' ) - ss. COUNTY OP P(�Ip Lt-yt ) SUBSCRIBED AND SWORN TO before me this day of �V' 2014, by (name) as �re:�c�zt (title) of Dancing Bear Residences Owners Association, Inc. WITNESS my hand and official seal. My commission expires: 2LPATRICIA EYDWttFt Publi — /y RY PUBLIC S'fA'I"E OI' l!-f� @CQ� ) F COLORADOD 20144021525 ss. EXPIRES MAY 29 2018 COUN"fY OP�( �� ) "SUBSIcRIBED AND SWORN 'I"O before me this J� ay of �Ooe j 2014. by kulZ-1-Z (name) as �_ (title) of Chart I louse Project Owner, LLC. WITNESS my hand and official seal. My commission expires: Notary Public FNOTARY TRICIA HEYDENBERK 9 NOTARY PUBLIC TATE OF COLORADO ID 20144021525 MISON EXPIRES MAY 29,2018 EXHIBIT A [Legal Description of Project] THE DANCING BEAR LODGE, ACCORDING TO THE FINAL PUD PLAN AND PLAT RECORDED JUNE 8, 20014 IN PLAT BOOK 69 AT PAGE 80 UNDER RECEPTION NO. 498443, IN THE RECORDS OF THE CLERK AND RECORDER, COUNTY OF PITKIN, STATE OF COLORADO; also known as; LOTS P, Q, R AND S, BLOCK 77, CITY AND TOWNSITE OF ASPEN, COUNTY OF PITKIN, STATE OF COLORADO EXHIBIT "B" [Legal Description of Expansion Property] LOTS 6, 7, 8 AND 9, BLOCK 3, EAMES ADDITION TO THE CITY AND TOWNSITE OF ASPEN, COLORADO. WHICH PROPERTY IS ALSO DESCRIBED AS LOTS 6, 7, 8 AND 9, BLOCK 3, EAMES ADDITION TO THE CITY AND TOWNSITE OF ASPEN AND ALSO THAT PART OF LOTS 6, 7, 8 AND 9 WITHIN THE CITY AND TOWNSITE OF ASPEN, COUNTY OF PITKIN, STATE OF COLORADO. 10 EXHIBIT C: TUNNEL EASEMENT A PARCEL OF LAND SITUATED IN SECTION 13,TOWNSHIP 10 SOUTH, RANGE 85 WEST AND SECTION 18,TOWNSHIP 10 SOUTH, RANGE 84 WEST, OF THE 6th P.M. CITY OF ASPEN, COUNTY OF PITKIN, STATE OF COLORADO SHEET 1 OF 1 DANCING BEAR RESIDENCES ASP EN REC.#555975 FOUND#5REBAR 60S4 9,11" BASIS OF ELEVATION 15 AND 1.25" PLASTIC CAP L.S.#28643 TOP=7914.43' BOTTOM=7899.93' j(11 119 3 SJ' N PURR oT AVENUE (T(El S7 m o ;'s.00' TOP=7914.43' 2 2736". H pp' TOP=7915.49' '" ti1 BOTTOM=7899.93' > q q9, BOTTOM=7900.99' / TOP=7915.49' I BOTTOM=7900.99' i TOP=7915.89' FOUND 1'WITNESS CORNER BOTTOM=7901.39' #5 REBAR AND 1.25"PLASTIC CAP 3 L.S.#28643 / TOPTOM= 89' FOUND#5 REBAR / �� JUNK T BOT TOM=7901.39' EASMEAND 1.25"PLASTIC CAP L.S.#9184 i TOP=7916.18' e BOTTOM-7901.68' ml TOP=7916.78' 'V BOTTOM=7902.28' �„(.� j/ TOP=7916.18' s> 7 \19 BOTTOM=7901.68' S 09'11 TOP=7917.49' ("1 /� TOP=7916.78' BOTTOM=7902.99' S1.4s, BOTTOM=7902.28' 119.62• (TIE)S JJ°s9, 25"E 780 05, LINE TABLE POINT OF BEGINNING LINE BEARING DISTANCE TOP=7917.27 Ll N75"09'11"W 13.27 BOTTOM=7902.77 L2 N26°22'48"E 8.69 0 o FOUND#5 REBAR L3 N25"48'09"E 4.68 o AND 1.25" PLASTIC CAP L4 N14°51'09"E 9.50 CHART HOUSE LODGE L.S.#25947 L5 N75`08'51"W 4.50 SUBDIVISION/PUD 3 REC.#520960 - L6 N14°51'09"E 6.50 0 L7 I N68°42'17"E 7.59 L8 N10°35'08"E 11.00 L9 579`24'52"E 4.50 L10 N10°35'08"E 30.18 Lll S75°09'11"E 13.04 L12 510°35'08"W 29.22 L13 S79°24'52"E 4.50 FOUND 3.5"ALUMINUM CAP L14 S10°35'08"W 11.00 MARGIN GPS CONTROL ATTHE L15 S06°12'51"W 6.19 DRAWING SCALE APPROXIMATE INTERSECTION L16 S14°51'09"W 6.50 1"=20' OF S.GALENA ST.AND E. L17 N75°08'51"W 4.50 DURANTAVE. 118 $14`51'09"W 9.50 SOPENGINEERINGT LLC — - CIVILVILCONSULTANTS /I AREA OF THIS EASEMENT L19 S63'24'49"W 10.87 502 MAIN STREET,SUITE A3 L20 526'22'48"W 6.04 CARBONDALE,COLORADO 81623 (970)704-0311 13120 1011612014 CL M:13300dwgs1131201SURVEY.MARCIN CS113126TUNNEL EASEMENT.dwg EXHIBIT D: EASEMENT DESCRIPTION AN EASEMENT SITUATED IN A PORTION OF SECTION 13,TOWNSHIP 10 SOUTH,RANGE 85 WEST AND SECTION 18,TOWNSHIP 10 SOUTH, RANGE 84 WEST,OF THE 6TH P.M.CITY OF ASPEN,COUNTY OF PITKIN,STATE OF COLORADO;SAID EASEMENT BEING ENTIRELY WITHIN THE DURANT AVENUE RIGHT-OF-WAY,ACCORDING TO THE OFFICIAL MAP OF THE CITY OF ASPEN,DATED 1959("1959 MAP"),BETWEEN MONARCH AND ASPEN STREETS,AND APPROXIMATELY 8 FEET BELOW STREET LEVEL,WITH ALL ELEVATIONS EXPRESSED HEREIN BEING RELATIVE TO AN ELEVATION OF 7924.96 FEET ON THE EXTERIOR THRESHOLD OF DANCING BEAR RESIDENCES ASPEN,BEING A BUILDING AS CONSTRUCTED AND IN PLACE ON THAT PROPERTY DESCRIBED IN RECEPTION NO.555975 OF THE PITKIN COUNTY RECORDS,AS SHOWN ON EXHIBIT C OF THIS EASEMENT AGREEMENT;SAID EASEMENT BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE NORTHERLY BOUNDARY LINE OF BLOCK 3 EAMES ADDITION TO THE CITY OF ASPEN,ACCORDING TO SAID 1959 MAP;SAID POINT ALSO BEING 51.45 FEET WESTERLY OF THE NORTHEAST CORNER OF THAT PROPERTY DESCRIBED IN RECEPTION NO.520960 OF THE PITKIN COUNTY RECORDS,THE TRUE POINT OF BEGINNING,WHENCE THE CITY OF ASPEN GPS CONTROL POINT NO.GPS-2(AT THE APPROXIMATE INTERSECTION OF S.GALENA ST.AND E.DURANT AVE.)BEARS S 77°59'25"E,A DISTANCE OF 780.05 FEET;SAID EASEMENT AT SAID POINT HAVING A BOTTOM ELEVATION OF 7902.77 FEET AND ATOP ELEVATION OF 7917.27 FEET; THENCE N.75°09'11"W.ALONG THE NORTHERLY BOUNDARY LINE OF SAID RECEPTION NO.520960,A DISTANCE OF 13.27 FEETTO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7902.99 FEETAND ATOP ELEVATION OF 7917.49 FEET; THENCE LEAVING SAID NORTHERLY BOUNDARY LINE N.26'22'48"E.,A DISTANCE OF 8.69 FEETTO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7902.28 FEET AND ATOP ELEVATION OF 7916.78 FEET; THENCE N.25°48'10"E.,A DISTANCE OF 4.68 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7901.68 FEET AND A TOP ELEVATION OF 7916.18 FEET; THENCE N.14"51'09"E.,A DISTANCE OF 9.50 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7901.68 FEET AND A TOP ELEVATION OF 7916.18 FEET; THENCE N.75°08'51"W.,A DISTANCE OF 4.50 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7901.68 FEET AND A TOP ELEVATION OF 7916.18 FEET; THENCE N.14°51'09"E.,A DISTANCE OF 6.50 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7901.68 FEET AND A TOP ELEVATION OF 7916.18 FEET; THENCE N.68°42'17"E.,A DISTANCE OF 7.59 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7901.39 FEET AND A TOP ELEVATION OF 7915.89 FEET; THENCE NAW35'081"E.,A DISTANCE OF 11.00 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7900.99 FEET AND A TOP ELEVATION OF 7915.49 FEET; THENCE 5.79°24'52"E.,A DISTANCE OF 4.50 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7900.99 FEET AND A TOP ELEVATION OF 7915.49 FEET; THENCE N.10°35'08"E.,A DISTANCE OF 30.18 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7899.93 FEET AND A TOP ELEVATION OF 7914.43 FEET;SAID POINT ALSO BEING A POINT ON THE SOUTHERLY BOUNDARY LINE OF BLOCK 77,CITY OF ASPEN,ACCORDING TO SAID 1959 MAP,BEING 60.54 FEET EASTERLY OF THE SOUTHWEST CORNER OF SAID PROPERTY DESCRIBED IN RECEPTION NO.555975; THENCE 5.75°09'11"E.ALONG THE SOUTHERLY BOUNDARY LINE OF SAID RECEPTION NO.555975,A DISTANCE OF 13.04 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7899.93 FEET AND A TOP ELEVATION OF 7914.43 FEET; THENCE LEAVING SAID SOUTHERLY BOUNDARY LINE 5.10°35'08"W.,A DISTANCE OF 29.22 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7900.99 FEET AND A TOP ELEVATION OF 7915.49 FEET; THENCE 5.79°24'52"E.,A DISTANCE OF 4.50 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7900.99 FEET AND A TOP ELEVATION OF 7915.49 FEET; THENCE 5.10'35'08"W.,A DISTANCE OF 11.00 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7901.39 FEET AND A TOP ELEVATION OF 7915.89 FEET; THENCE 5.06`12'51"W.,A DISTANCE OF 6.19 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7901.68 FEET AND A TOP ELEVATION OF 7916.18 FEET; THENCE 5.14'51'09"W.,A DISTANCE OF 6.50 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7901.68 FEET AND A TOP ELEVATION OF 7916.18 FEET; THENCE N.75°08'51"W.,A DISTANCE OF 4.50 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7901.68 FEET AND A TOP ELEVATION OF 7916.18 FEET; THENCE 5.14°51'09"W.,A DISTANCE OF 9.50 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7901.68 FEET AND A TOP ELEVATION OF 7916.18 FEET; THENCE 5.63"24'49"W.,A DISTANCE OF 10.87 FEET TO A POINT ON SAID EASEMENT HAVING A BOTTOM ELEVATION OF 7902.28 FEET AND A TOP ELEVATION OF 7916.78 FEET; THENCE 5.26°22'48"W.,A DISTANCE OF 6.04 FEET TO THE POINT OF BEGINNING. SAID EASEMENT CONTAINING 1337.5767 SQUARE FEET OR 0.031 ACRES,MORE OR LESS. THE TERMS"BOTTOM ELEVATION"AND"TOP ELEVATION"REFER TO THE VERTICAL EXTENTS OF SAID EASEMENT.SAID VERTICAL LIMITS ARE FURTHER DEFINED BY A STRAIGHT LINE BETWEEN VERTICAL POINTS. SOPRIS ENGINEERING-LLC CIVIL CONSULTANTS 502 MAIN STREET,SUITE A3 CARBONDALE,COLORADO 81623 )970)704-0311 13120 1011612014 CL M:113300&gW31201SURVEY-MARCIN CS113120-TUNNEL EASEMENT dr+g