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HomeMy WebLinkAboutresolution.council.071-97 09/03/97 11:57 LRW OFFICES ~ 303 920 5117 'L. ~:.CL J~c. ---- RESOLUTION NO. !li- (Series of 1997) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, APPROVING AMENDMENT TO AGREEMENTS WITH CENTENNIAL-ASPEN ET. At WHEREAS, the City is party to an agreement dated July 23, 1984 with Pitkin County, Centennial-Aspen and the Centennial Condominium Owner's Association; and WHEREAS, the City and Centennial-Aspen entered into a subsequent agreement on March 29, 1989; and WHEREAS. both agreements provide that the parties must. from time to time, make payments or provide notice to one another; and WHEREAS, the notice and payment address provisions need. to be updated.; NOW THEREFORE. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ASPEN, COLORADO: ---- That the agreement dated July 23. 1984 and the agreement dated March 29, 1989 be amended as shown in Exhibits A and B respectively, and that the Mayor is authorized to execute such amendments on behalf of the City 09/03/97 11:57 LRW OFFICES ~ 303 920 5::'( RESOLVED. APPROVED AND ADOPTED this L day of ~997. by the City Council for the City of Aspen, Colorado . ~t~~ John S. Bennett, Mayor I. Kathryn S. Koch. 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 [he City of Aspen. Colorado. at a meeting held ~ :?f' ,1997. e~~. \\lsu\cfc\wp\up-cllll.903 AMENDMENT TO AGREEMENT TillS AMENDMENT TO AGREEMENT is entered into this _ day of 1997 between the City of Aspen, Colorado (hereinafter "City"), the County of Pitkin, Colorado (hereinafter "County"), Centennial-Aspen, a limited partnership (hereinafter "Centennial-Aspen"), and the Centennial Condominium Owners Association (hereinafter "Association"). WITNESSETH WHEREAS, the City, County, Centennial-Aspen, and the Centennial Condominium Owners Association entered a water service agreement dated July 23, 1984, a copy of which is attached hereto as Exhibit A; and WHEREAS, the agreement provides that the parties must, from time to time, make payments or provide notice to one another; and WHEREAS, the agreement identifies specific addresses to which notice must be provided, but fails to identify the addresses to which payments must be sent, fails to allow for a change of address and fails to identify the address of the Association; NOW, THEREFORE, in consideration of the premises, mutual promises and covenants herein, the parties agree as follows: Paragraph 27 of the July 23, 1984 agreement (Exhibit A) shall be amended as follows: All notices required to be given, or payments required to madehereunder,-shall be given in writing by mail, postage prepaid, at the address of the recipient party as listed below, or at such other address as a party may designate for itself by notice given pursuant to this paragraph. City of Aspen c/o City Manager 130 S. Galena St. Aspen, CO 81611 Centennial-Aspen c/o World Class Housing, Inc., General Partner Sam Brown, Secretary 2320 Pomona Avenue Martinez, CA 94553 . Pitkin County c/o County Manager Pitkin County Courthouse 506 E. Main Aspen, CO 81611 Centennial Condominium Owners Association c/o First Choice Properties and Management Box 6028 Snowmass Village, CO 81615 IN WITNESS WHEREOF the parties hereto set their hands on the day and year first above written. , City of Aspen, Colorado Attest: BY:_t; 19~ ~~Jd~ Centennial-Aspen Attest: By: World Class Housing, Inc., General Partner Sam Brown, Secretary County of Pitkin Attest: By: Vice-Chairman of Board of County Commissioners -2- Centennial Condominium Owners Association By: President \user\aspen\97\cen-amdl.818 - 3 - Attest: ,. . ( , r- . :' 0- . ! "1' . - j ~ . , . AGREEMENT THIS AGREEMENT is entered this 23RD day of JULY 1984 between the City of Aspen, Colora.do (hereafter "City"), the County'of Pitkin, Colorado (hereafter "County"), and . Centennial - Aspen, a limited partnership (hereafter "Centennial - Aspen"), and the Centennial Condominium Owner's Association (hereafter "Association"): WITNESSETH WHEREAS, the County has contracted with and issued .. . approvals to'Centennial -.Aspen (the successor-in-interest to World Class Housing, Inc.'s interest in a certain Disposition ~nd Development Agreement with the County) for the construc- . tio~ of 92 condominium units (hereafter "Centennial Condominium") and 148 apartment uni~s (hereafter "Centennial Apartment's") as p~ice controlled employee housing for approximately 497 residents in 240 units on 16 acres of land . . together with-~ite management space, and common facilities in . .. accordance with the approved plans therefor (her~after "Centennial Condominium" and "Centennial Apartments" shall .be collectively known as "Centennial or the Project"): and WHEREAS, Centennial will have 217.5 Equivalent Residential Units (hereafter EQR) located in Service Area 2 'of the City water supply system: and WHEREAS, in accordance with City Council approval, the initial planning for Centennial was base~~.o~ the utility con- EXHIBIT A " . (0. (~ I nection charge for Service Area 2 which"was in effect in 1982: and I WHEREAS, the total utility connection charge for the 217.5 EQR at the 1982 rate 1s $717,300; and WHEREAS, the County and Centennial Aspen's predecessor-in-interest have requested- that the City supply water service to Centennial as a single utility connection similar to the connection with the Highlands Water District and that the total connection charge c~rrently required by Section 23-58(b) and (e) of the Muniqipal Code of the City of Aspen (hereafter "Coden) be adjusted because of the low per capita water demands of Centennial and because of the bene- fits to the City by integrating the facilities necessary to .-- . serve Centennial with the development of the City's overall water supply system; and WHEREAS, ~he County and Centennial - Aspen's predecesso~in-interest have also requested that the utility . .- -- " . connection charge for Centennial be adjusted pursuant to sections 23-58(b) and (e) and 23-71 of the City Code ~ecause Centennial ~ill be price controlled "employee housing; and WHEREAS, Centennial - Aspen maintains that Centennial will require 70 gallons per capita per day for domestic use and 40 to 70 gallons per capita per day for sprinkler irriga- tion of cutdoor landscaping and green space on 10 acres for '\ .... -2- /:.... I l~ ,-" (, . ( -, t.otal demands of approximately 110 to 140 gallons per capita , per day; and ( WHEREAS, Centennial will also require 2,700 gallons per '! minute for four hours for.fire protection; and WHEREAS, the City believes that the total water demands of Centennial will be in the' range of ~OO gallons per capita per day for Centenniai which is 20% less than the 250 gallons per capita per day for the average City use, that the rating ~f 217.5 EQR for Centennial does not adequately account for. '. ,', such water co~servation, tha-t:- such wate~ conservation should be encouraged, and that the total utility connection charge required by Section 23-58(d) of the Code should be adjusted as permitted by Section 23-58(b) and (e) of the Code; and ." , o. . \. --- WHEREAS, the cost of installing the Rubey Interconne.ci; and related facilities for fire flow looping will be approxi- mately $175,000 if completed by the City; and WHEREAS, the City further recognizes that the extension " . of 'the 12" water main and other lines shown on the map attached hereto as Exhibit A will not only provide the . . necessary water and fire service to Centennial but will also provide the following benefits to the City: a. Create a second feed to the Rubey Pump Station which feeds water to the higher elevations of Red ----...- Mountain. " '. -3- 'j ! -- . . . . . ", - d. b. fX ( . Provide a second interconnection between the Ridge . of Red Mountain 2.0 MG Reservoir and the Aspen At present the only inter- . Grove .1.0 MG Reservoir. connection is the existing 8" water main in Park Avenue and Red ~ountain Road. c. Increase flow and pressure for fire protection in the area north of the Roaring Fork River from Park Avenue at Highway 82 to the Rubey Subdivision at Red Mountain Road. " . ., Allow abandonment of a vez::y old and leaking 4" water main north of Williams Addition. e. Allow the City to obtain easements ,across land owned by Centennial - Aspen or the County north and t- .' . east of Williams Addition and through Rubey Park '". including special proj~ct approval by the County. as part,of the contract considerations. f. proyJde a 12 II water main east of the Hunter Creek Condominium so that the- existing 611 and 8" water mains in the Hunter Creek Condominium can be looped: all at the expense. of Jay R. Kuhne, Silverking Investments Ltd. and Western Slope Development Company as a condition of settlement of earlier lawsuits. -4-' ,'" . --- ----~- .. .. . / \. 1"" g_ Provide an opportunity to evaluate the effect of water saving devices in a fairly well controlled i environment. The 240 units wiil be in 19 indivi- dual buildings and each buildi~g will be on a separate water meter under control of the Water Department: "an~ ... WHE~EAS, the City has determined that these benefits will defer or save $327,200 in costs that the City."has already budgeted or would otherwise incur in the development . of its water supply system, and me;-it adjustnient in the total 'connection fee for Centennial also as permitted by Section ".23-S8{b) and (e) of the Code: and .. ." WHEREAS, the" ci ty has determined that Centennial is ! designed to be a Permanent"Moderate Housing development, and that the utility connection charge therefor may be adjuste~ under Sections 23-58{b) and (e) and 23-71 of the Code and "that any savings realized by an adjustment in the charge must . . ~. - be passed on to purc~asers or tenants under Section 23-71 of . . the Code: and WHEREAS, the City is entering into this Agreement for the primary purpose of providing utility related benefits to its. existing c~stomers as set forth herein and not as a . public utility. NOW THEREFORE, in consideration of the premises, mutual promises and convenants herein, the parties agree as follows: ,"' . -:5- ..... " , t -- ! UTILITY CONNECTION CHARGE AND WATER MAIN EXTENSIONS .. \ 1. The City shall connect Centennial onto the City . water system and Centennial shall receive water service in accordance with ~his Agreement and the City Code, Charter, rules and regulations of. Aspen. . . 2. Centennial - Aspen shall pay the City as a total utility connection charge for Centennial, Five Hundred and ~eventy-Three.Thous~nd, Eight Hundred ar-d Forty Dollars ~. ($573,840) in accordance with the.following schedule .0 (a) One hundred and Forty-Three Thousand, Four Hundred and Sixty Dollars ($143,460) at such. time as Centennial - Aspen obtains funding for its construction loans -- for both the Centennial Condominium and the Centennial - - ""'T'" Apartments, which amount shall not be refundable to ,Centennial - Aspen unless the City is then in default under . the terms .of. ~is Agreeme~t: arid : . .' o . ~b} .The balance.on a pro rata basis as water taps . . are connected to each building in Centennial but not later than December 31, 1984, provided, however, that if the City has received a total of Three Hundred Thousand Dollars ($300,000) or more in utility connection charges by December 31: 1984 and Centennial - Aspen.is unable to 'complete all buildings by December 31, 1984, the balance shall become due and payable by July 1, 1985. . '\ ". -6- " ( (- 3. For the purpose of fire tlow looping to better serve existing and future City customers in Service Areas .2 .and 3 and future customers i~ Centennial, the "~ity shall construct the facilities set forth in paragraph 3(e) below . '. .. (hereafter .. the Work") in accordance with the following principles: " . ' , . (a) The City shall put out for bid the Work set forth in paragraph 3(e) below. The City shall accept the ". lowest and mo~t responsible bid for the Work as determined by .<the City. Centennial shall be obligated tp pay for the Work . "...to a maximum amount of One Hundred and Seventy-Five Thousand Dollars ($175,000), any costs in "excess thereof shall be the r~sponsibility of the City. { . (b) Centennial -Aspen shall promptly pay all bills as submitted by'the engineers an~ contractor(s) to the City for. the Work. To insure payment and timely construction, the " following shall occur: . . . -- . .. .(i) on or before the commencement of the . Work, Centennial - Aspen shall provide the City with an unqualified Letter of Credit to cover the cost of the bid for the Work as submitted by the City to Centennial - Aspen. To insure performance on the Letter of Credit, Centennial - "Aspen shall deposit with the City Five Thousand Dollars ($5,000) at the time of the issuance of the Letter of Credit, to be held in an interest bearing account for the benefit of " ". -7- ) j '. -_.'''.,-- . . . (. (' . ~ .. Centennial - Aspen, unless drawn to cover the cost of enfor- cement of the Letter of Credit, payabl~ if the issuer fails to pay the City pursuant to the te.rms of the Letter of. Credit, and otherwise to be. refunded with interest imme- . . diately after completion of the Rubey and Park Circle . Interconnections; and .. . 6 (ii) In the event Centennial Aspen has not secured the construction financing prior to July 1, 1984, or such later date as may be granted by the City, the City shall commence design and other pre-construction activities necessary for the Work and Centennial - Aspen shall pay to the City Seventeen Thousand, Five Hundred Dollars ($17,500) on or before July 1, 1984 or at such later date as may be granted by the" City, for such preconstruction work. Upon . : Centennial - Aspen's request the City shall grant a reaso- nable e~tension of the July 1, 1984 date, if such extension shall not: imp~ir the City's ability to complete the Work by :~ecember 31, 1984. Centennial - Aspen shall have the unila- teral right to cancel this: Agreernent prior to J~ly I, 1984, .' or the date of any extension granted under paragraph 3eb)(ii) above, in which case Centennial - A~pen shall have no further obligations, monetary or otherwise, to. the city. (c) The City shall not charge Centennial Aspen for its internal administrative expenses associated with the Work, and shall only charge Centennial - Aspen for the , '. -8- , . . ( (- contractor and constructing'engineers selected by the City and all contracted work associated with the construction by i t.he City. '(d) Centennial -" Aspen shall be entitled to a . . rebate for the Work at the rate of $450 per EQR for every EQR connected onto and served by the Work in Service Area 2 other t.han Centennial. The parties anticipate that there will be an additional 200 EQR served by. the Work for a total of $90,000 rebated to Centennial - Aspen as a result of future' ~ . connections. Aspen will rebate to Centennial - Aspen for all .' .connections in the prior year on an an~ual basis by or before December 31, of each year. This rebate shall be terminated in the year 2007 with the final rebate being'for the connec- tions in the year 2007. (e) The City shall extend the existing 8" water . main in the Rubey.Subdivision as"a 12" water ma;.n, through .Rubey subdJyision and across Hunter Creek (the "Rubey - :rnterconnect") to th~ northern boundary'of Centennial, and extend a 12" water main from'the Project boundary to and '. parallel with the 6" water main in ~ark Circle (the "Park Circle" interconnect) to the 8" water main on Park Avenue, all as shown on Exhibit A attached hereto. The cost of acquiring the easements set forth in paragraph 3(j) hereof, . shall be consioered to be.part of and a cost of the Work. 'Design, construction and installation engineering services '\ '. -9- ".. " ( ( . , for the installation of the water main~' shall be provided by the engineering firm designated by the City Engineer. (f) All work on the Rubey Interconnect, Park Circle Interconnect, and related facilities shall be done under the supervision of the City Engineer in accordance w~th City specifications and procedures. (g) The) City shall vacate, and Centennial - Aspen shall remove, at its sole cost and expense, the existing 411 water main in the Project area, shown on Exhibit A. (h) . Title to the "easements, water mains, and all appurtenant facilities on property owned by Centennial - ~spen, the County or the Association up to the corporation stops shall be.passed to the City. (i) The County shall provide special project . approval. for the extension of the above described water ma~ns. -.. -.-". (j) .The County, .Centennial - Aspen and the Association respectively, shall secure and grant to the City non-exclusive easements over any property owned by the County, Centennial - Aspen, or the Association, which pro- perty the water mains cross. The cost of acquiring all other easements for the Work shall be a project cost paid by Centennial - Aspen. If the cost or ability of acquiring the 'easements is considered to be unreasonable the City shall ,'" . -10- ..- . . ( (- .' exercise the power of condemnation. To the extent possible the City will use existing easements. (k} The County, Centennial - Aspen and the Association shall comply with and sati'sfy all City and County Codes and procedures regarding extensions of water mains. '.. . (1) The construction and completion of the Rubey and Park Circle Interconnections are essential fo~ the City .. to provide proper water and fire flow service to Centennial. , This construction and completion is not a condition precedent to the City's obligation pursuant.tq ,this Agreement to permit.. Centennial to connect onto the City's water system, so long as Centennial - Aspen has fulfilled or.stands ready to fulfill. its obligations under this Agreement. . '. 4. At its sole expense, Centennial - Aspen shall construct the following to City specifications as set forth below: : ,. . . -- (a) 'A 12'1, water main within the Centennial boun- . . daries connecting the extensions described in paragraph 3(e) of this Agreement as 'shown on Exhibit A. (b) All other water mains and lines within the Centennial boundaries up to the corporation stops of .'Centennial, all water lines from the corporation stops to each building in Centennial, a meter for each of these buildings, and, if Centennial - Aspen so decides, meters for individual units 'within each bui~ding. ... , . -11- ( (' . . s. At its sole expense the. County shall enforce existing decrees and agreements with Jay R. Kuhne, Silverking Investments, Ltd., and Western Slope Development Company to cause the connection of the 6u and 8" water mains in the Hunter Creek Condominiums to the above mentioned 12" water main within the Centennial boundaries as shown on Exhibit A. 6. Centennial Aspen shall convey to the City the 12" water main constructed within Centennial along with all other water mains and lines both on and off site installed by Centennial - Aspen up to the corporation stops. Centennial . Aspen or the Association shall hold title to all water lines. from the corporation stops to each Centennial building and . the water met~~s within each building. .Centennial -Aspen or.the Association shall grant the City access to the meters within each building for the purpos~s of monthly water ser- vice billing~ 7. - -The City has ~ Water Main Extension Policy along .: :with proposed additions and a.'t1endments to that policy. Centennial - Aspen and the Association shall comply with the : terms and conditions of the policy and the additions and amendments thereto. In particular, Centennial - Aspen and the Association shall pay all deposits within fourteen (14) days of notice by the City, unless otherwise provided herein. s. This Agreement is expressly conditional upon Centennial - Aspen obtaining construction financing for all , .... -12-. I . ). .' . ( ('. 92 condominium units and 148 apartment un~ts. If Centennial - Aspen is unable to obtain such financing by August 15, 1984, or such later date as may be granted by the City in consideration of all circumstances including any extensions . of the July 1, 1984 date hereof, this contract shall.be of no. . , further force and effect and all future service to this area shall be pursuant to then existing rules, regulations, rates and cha:r::ges of the City. Should Centennial - Aspen decide prior to August 15, 1984, to construct Centennial with less than 92 condominium units and 148 apartment units, this Agreement shall remain in full force and effect as to the units to be constructed, pursuant to a notice given by Centennial - Aspen to the City setting.forth the units to be . constructed. As to the balance of the units which will not be constructed, this Agreement sets no precedent for the availability of or coat of future service thereto. For the units to be constructed, the utility connection . charge se~ forth in this Agreement shall be reduced pro rata - . . . 'by dividing $573,840 .by 217.5 EQR and multiplying the product : thereof by the re-estimated EQR after considering the reduc- tion in units to be constructed. If .the re-estimated EQR described in the preceeding sentence equals less than 2l7~5 EQR, the formulas for surcharge or rebate of the utility con- nection charge contained in paragraphs 10 of this Agreement shall be adjusted appropriately. -13:' , '. :.." ...- _.- -:-" .- _ _ _.. :. .. _. ...- - - - - --"._~ - . . . . I' . ( ~ (' WATER SERVICE CHARGES \ 9. Centennial. - Aspen 'shall pay a monthly water ser- vice charge to the City for water usage in each building in the Centennial Apartments,' and similarly, the individual condominium unit owners in' the Centennial Condominium'through . their Association shall 'pay a month~y water service charge to the City for water usage in each building of the Centennial Con~ominium all set by section '23-l02(b) of the Code or as may later be'adopted by the City for the meter size or EQR' and monthly water use of that building. 10. If the total water use per year in the Centennial . Apartments and/or Centennial Condominium exce~ds or is less ~ than 200 gallons per capita per day on a yearly average, ~ Centennial - Aspen or the Association, as the case may be, shall pay a surcharge or the City shall rebate therefore ,in accordance with the schedule set forth in Exhibit B hereof. '. . The City-shall be entitled, after consultation with . - : centennial - ~spen and/or the Association as is appropriate, .. to adopt a method of approximating the formula set forth in Exhibit B for the ease of administration until sufficient operational history exists. 11. If the City subsequently adopts uniform city-wide . rates for monthly water service basedonEQR values which implements a city-wide surcharge for excess water use, . paragraph 10 of this Agreement shall no longer apply except ,~ -14- ]. , . .- l . as to the amount of rebate to which Centennial - Aspen and the Association is entitled, and Centennial - Aspen' and the Association, as the case may be, shall pay a surcharge on the same basis as customers in Service Area 2 for the Centennial Apartments and/or Centennial Condominium under such a rate structure whenever the total water use in any year for the Centennial Apartments and/or Centenniai. Condominium exceeds an average of 200 gallons per capita per day. Notwithstanding the implementation of a new system, any rebate earned by Centennial - Aspen and the Association under . paragraph 10 hereof shall be calculated as set forth in '. .;. paragraph 10. 12. Centennial Aspen shall apportion ~nd collect the ...-- mont~ly water s~rvice charge for each tenant in each building in the Centennial Apartments according to the unit meter installed, if installed, or according to the building meter or another method acceptable to the residents of the Centennial Apartments and Centennial - Aspen. . . . . --" 13. The Association shall be responsible for appor~ tioning and collecting the monthly water service charge from each unit owner in each building in the Centennial Condominium according to the unit meter installed, if installed, or according to the building meter or another method acceptaDle to the unit owners. -15- " , . --' ....-- __0._- .. -- .. ....- '" .; , 1 . \ , LIMITATIONS ON WATER PSE 14. All irrigatlon of landscaping and green space within the Project boundaries shall be limited to the landscaping and green space areas as shown on Centennial Aspen's site plan submitted to the 'County with its detailed . .. submission. The County shall restrict all open space irri- gated with municipal wat~r to approximately 10 acres. . Irrigation shall be accomplished by installed sprinkler irri- gation with metered time clocks adjustable to permit off-peak hour sprinkling. All sprinkling shall be du=ing off-peak hours as much as feasible. One hose bib' shall be provided for each building to permit hand watering of hard to reach landscaping designated by the County. No other use of hose ~ ' bibs' will be allowed. All hose bibs shall, be useable only by -. a "lock-box" controlled by employees of the Centennial Apartments and the Centennial Condominium who shall exclusi- . vely monitor water usage.' The outside hose bibs shall only : be useqfor 'irrigation during off p~ak hours as much as feasible. ~e City shall be permitted to superv~se but is I .- , not obligated to administer all irrigation water use by Centennial. 15. For irrigation. purposes, the City may, at its sole discretion, substitute raw water for treated water with all costs thereof borne by the City. " '. -16- ". . ( " . ' GENERAL PROVISIONS 16. Domestic wa~er useage within Centennial shall include water service for a maximum of 108 clothes washing machines. 17. This agreement is for the supply of City water ser- . , vice to Centennial only 'as specifi?al~y described herein, and no other taps, connections, or water service are contemplated or in any way authorized by this Agreement. 18. Unless expressly waived or adjusted herein Centennial -'Aspen and the Association.and all water users in Centennial shall be bound by, and a~l water service provided hereunder shall be subject to, all applicable provisions of the ,Code, of the City Charter, and of any other regulations or rules of the City currently in effect or as may be here~fter adopted. 19. Centennial ~ As~en and the Association agree to :adopt all such provi~ions set forth in paragraph 18 above as ~he rules and regulations governing the use of water within Centennial and agrees that such provisions shall be as fully enforceable in Centennial as inside the City. Centennial- Aspen and the Association agree to assist the City in every manner reasonably possible to enforce City rules and regula- tions made to protect purity, safety and supply of the water, including curtailment during times of shortage. 'Centennial Aspen "and the Association agree to prohibit all unnecessary ,'" . 1 \ i' 1,', -17- ( ( , " .' . or unreasonable waste of water within Centennial and to make reasonable efforts ~o enforce such a p=ohibition. Unreasonable or unnecessary ~aste of water shall be defined for the purposes of this Agreement by Colorado law relative to diversion and use of water. ". 20. The City agrees to exercise reasonable care and foresight to furnish water to Centennial as pot~ble as that furnished inside the City. No promise or guarantee of ~ressure, quantity, or quality other than out of surplus water and excess p~aking capacity as supplied to its custo- ". 'mers similarly situated is made by the City or is to be implied from anything contained herein. .' --, 21. The parties to this Agreement recognize that the ... . .water supply for the City is dependent upon sources from which the supply is variable in quantity or quality and beyond the control of the City. "No liability shall attach to - . the City hereunder on account of any failure to accurately :~ticipate ava~lability of water supply or.because of an actual failure of water supply due to inadequate run-off, poor quality, or occurrence beyond the reasonable control of the City. The City agrees to treat its water to meet all mandatory local, state, and federal potable water standards and to construct and devote adequate facilities to make available to Centennial a water supply as described in paragraph 20 in view of historical experience with water run- \ .... -18- 1\ .~ off so far as reasonably possible. The City's judgment in providing safety measures shall not be questioned unless clearly unreasonable. 22. All water furnished hereunder is on a leasehold , -basis for use in Centennial for all the various purposes for which the City has been decreed the right to appropriate water. Such water service does not include any right to make a succession of uses of such water and upon completion of the primary use in Centennial all dominion over the water so . leased reverts completely to the City. Subject to the prohi- ~:bition against waste and any' other limitations on water use imposed herein, however; Centennial - Aspen and the . . Association have no obligation under this Agreement to create any particular~volume of flow from the water. delivered hereunder. Except as herein specifically otherwise provided, all property rights to the water to be furnished by the City here~nder are reserved .in the City. Nothing herein shall be . . ~~emed or construed as creating an '~bligation on the City, Centennial - Aspen or the Association to separate from said water any material added to it through use in Centennial, nor shall anything contained herein be deemed as imposing on Centennial - Aspen any obligation by virtue of this contract for the purification of water after use in Centennial. 23. The parties agree that by this Agreement, the City does not become a public utility, compelled to serve other parties similarly situated. Centennial ~ Aspen and the ,~ -19- .. ,I . \ , " f Association agree that they or either ()f them shall not at any time petition the Public Utilities Commission to acquire jurisdiction over any utility rate set by the City. The parties agree that in the event the C~ty is held to be a public utility by virtue of the Agreement, the Agreem~nt shall terminate and be of no further force of effect. "24. Except as provided to the" contrary herein, the par- ties agree "that this Agreement oshall not be termfnated except by mutual agreement, and that the term of this Agreement shall continue until such termination. '25. Failure of a party hereto to exercise any right hereunder shall not be deemed a waiv~r of such party's right and shall not affe.ct the right of such party to exercise at '0. some future time said right or'rights or any other right it .may have hereunder. 26. Each of the parties' to this Agreement recognizes in : ~e City the--right to enforce its ~ules and the terms of this contract by seeking an injunction to compel turning of~or disconnection.of the supply of water provided hereunder. In ,the event that Centennial -' Aspen or the Association or an individual user within Centennial violates the rules, regula-. tions or ordinances of the City as adopted by this Agreement, or the terms of this Agreement, the City may, without seeking an injunction and after three (3) days notice to.correct the violation, terminate the delivery of water hereunder to the '\ .... -20- , . -. '. ., ,r' . violator, if feasible, otherwise ~o an entire building or such parts of Centennial as are necessary in the respects, until such conditions have been honored by the user, . . centennial - Aspen, or the Association. The City shall be free from any liability arising out of the City's exercise of its rights under this paragraph. . '" .i. 27.. All notices hereunder shall be given in writing by mail at the appropriate address 'of the party, postage prepaid. City of Aspen c/o City Manag~r ': 130 South Galena ." Aspen, Colorado Street 81611 'Centennial - Aspen c/o World Class Housing, Inc. -General Partne:' Sam Brown President 1700 Lincoln Street Suite 4010 Denver, Colorado 80203 . . -& 0". pitkin County c/o County Manager pitkin County Courthouse 506 East Maitr - . : Aspen, Colorado 81611 ..' . . 28. This Agreement is subject to the provisions of Resolution 3-73 between the City and.the County. 29. The City shall not be held liable for failure to perform hereunder due to wars, strikes, acts of God, natural . . . disasters~ drought or other similar occurrences outside of the control of the City. . " '. r -21- ." . . ( .c 30. The titles to this Agreement shall not be used to alter the meaning of ~his Agr~ement. 31. This Agreement is binding upon the parties hereto, their successors and assigns. 32. This Agreement may not be assigned without the con- sent of the parties hereto except as provided hereafter. Centennial - Aspen and/or the Association may nee~ to assign 'this Agreement to one or more limited partnerships and/or associations. Centennial - Aspen shall have the right to ~ssign this Agreement, or any part thereof, upon notice, to . any lL~ited partnership of which Ce~ten~ial - Aspen is the general partner. Moreover, the City.shall not unreasonably withhold its consent to any other assignment of this Agreement so long as such assignment will not be clearly injurious to the City's interest. '~3. Centennial - Aspen shall fully cooperate with the - ~rgoing Planning Office annexation study, and shall work with the, City and County to review the relative merits of possible annexation of the Project. IN WITNESS WHEREOF, the parties hereto set their hands on the day and year above first written. .ATTEST :' THE CITY OF ASPEN 'dJ' nJ . / :/!;O..;'L Jh>~ Clerk tI ; By-~~A' Mayor " . '" . -22- '.. I. I, ,tI . . . . . ATTEST: (R- ( Clerk ,ATTEST: CJ--- neputy County Clerk ATTEST: /trJ ' . ~ .,~ .' Deputy County Clerk '. .. -' .0 .e ... " . . . -..... '.0. ...... . .. :;-'. .0 ..;. ", o . .. ." . .' -. .. . . .. .. .....: 0.. .... "0 . . -:.. : '." :':': eo . '~:...:?o -.: - ~ .. ..' 00 . -. .' .. :. :.. . .~ " ( THE, COUNTY OF PITKIN I . 'BY~/(L'~ Vice-Chairman of Board of County Commissioners CENTENNIAL - ASPEN, a Limited Partnership ~ ':~;,'L1I~~ Worl? Class Housing, Inc. - General Partner Sam Brown President CEETENNIAL CONDOMINIUM OWNERS ASSOCIATION .4~~'" '.. . '/J' ' "', BYpre.;'id.;t . '. ... .y .. . ~'. . . .' .' \ "', -23- , . . .. ." . .. . -. . . \. ) . . . .......-., , EXHIBIT A ! OF2 -- . :::::=.2:-.:":=:- :-.::..-::;'---- . -.-- · r::~-=!:':t.:~ ----...-- ,I :::"!:--7::':::':::::::- . -.-...- ........----- -12" 8" ~ 6" --- . - ~_4' ., '. .1 .. . ' . ........1 ~ , I. ,..........r.. , \ , "...) ..,' ---- , '. \ -".-.-...../ . ". . " , " ., I l I . , OJ ." . '" -. ~'l J,U RIT A . . . , . " . , , '. " " .. . , . , , . ' .,. .. ' . " i.. . ., . .. .. , , I " " " . . , . , ~ , .. , ~1 , , . . , . .. . . 'Ir _ , , , .. , , , , .,-.., . .. .. ',' .. ..... .,.,. - .. . , 2~';AR!< CI{'CLE ./NtmfRCONNECT , , ,. - l 't.~.:. ..- . ... .~. .. . - " " . . , . , , ,,, , " -,' .. ; ..:. . -..... 8- " , ;.... "'1~., ....... :- " , , .. . " , .. .. '. ',: . .. , , . . ~ ( . . . ~ ~ . , . EXHIBIT B 1. . If in the Centennial Condominium w~~er usage for the year (such "year" commences in accordance with paragraph . 3 hereof) exceeds an average of 200 gallons per capita per day, then the ~ssociation shall be liable to the City for a surcharge on the previously paid utility connection charge equal to the product of (i) a fraction whose numerator is the usage in excess of 200 gallons per capita per day (but in no event shall such numerator be greatertha~ 50) and whose denominator sball be 50; (ii) multiplied by 'Fifty-Four Thousand Nine Hundred Eighty-Eig~t Dollars and Twenty-Two Rundreths ($54,988.22). Conversely, if prior to any ---- surcharge being imposed under the preceding sentence, water usage in the Centennial Condominium for the year (as defined in this paragraph) is less than an average of 200 gallons per capita p~r day, Centennial - Aspen shall receive from the - City a cash rebate equal .to the product of a fraction whose .- .. .. numerator is equal to 200 minus the average water usage for such year (expressed in gallons per capita per day) and whose denominator is equal to 200, multiplied by Two-Hundred Nineteen Thousand Nine Hundred Fifty-Two.pollars and . Eighty-Seven Hundreths ($219,952.87). The total of the .rebate or surcharge that may be imposed under this paragraph shall not exceed Fifty-Four Thousand Nine Hundred Eighty-Eight Dollars and Twenty-Two Hundreths ($54,988.22). ,~ -1- . . -, ...,,, r ( ., , . r . 2. If in the Centennial Apartments water usage for the year (such "year" commences in accordance with paragraph 3 hereof) exceeds an average of 200 gallons per capita per day, then Centennial - Aspen shall be liab~e to the City for a surcharge on the previously paid utility connection c~arge equal to the product of (i) a fraction whose numerator is the usage in excess of 200 gallons per capita per day (but in no , event shall such numerator be greater than 50) and whose denominator is 50; (ii) multiplied by Eighty-Eight Thousand Four Hundred S~venty-One Dollars and S~venty-Eight Hundreths .. ($88,471.78). Conversely, if prior to any surcharge being imposed under the preceding sentence, water ~sage in the ~entennial Apartments for the year (as defined above) is less ~han an average of 200 gallons per capi~a per day, Centennial - ~spen shall receive from'the City a cash rebate equal to the product of a fraction whose numerator is' equal to 20~ minus the average water usage for such year (expressed in gallons per capita per day) and whose denominator is" equal to . . - :':~OO, multiplied by Three Hundred Fifty-Three Thousand Eight Hundred Eighty-Seven Dollars and Thirteen Hundreths t$353,887.l3)~ The total of the rebate or surcharge that W4Y be imposed under this paragraph shall no~ exceed Eighty-Eight Thousand Four Hundred Seventy-one Dollars and Seventy-Eight Hundreths ($88,471.78). 3. There shall be one surcharge or rebate on the basis of one (1) year's water usage in the Centennial Condominium ,'" -2- ,.. . : . ..... r' r "'"" ,. . ;...(, ( ( . . .... , . (" ., and/or Centennial Apartments, and not .on an individual, unit or building basis. The year ,in which the surcharge or rebate shall be calculated shalL commence from and after the project has been completed and 95% occupied for 6 months. The surcharge or rebate due sh~ll be totaled after 12 months from the date of commencement of thisye~r and promptly paid. .4., For administrative convenience, the p~~ties may .develop a me~hod of approximating the calculations set forth herein until they have developed adequate operational history. . , ". ---- . ~..~ - : " . '. :.. : , . . . , , . ~ . .. .... . .".. ".' '.. -. _." o. .. .. .. .. . "" ". .." .. ...." .. ~ :.: . ,. . ... ... ", , "\ " . -3- [, : 1. j AMENDMENT TO AGREEMENT TIDS AMENDMENT TO AGREEMENT is entered into this _ day of 1997 between the City of Aspen, Colorado (hereinafter "City") and Centennial-Aspen, a limited partnership (hereinafter "Centennial-Aspen"). WITNESSETH WHEREAS, the City and Centennial-Aspen entered an agreement on March 29, 1989, a copy of which is attached hereto as Exhibit A; and WHEREAS, the agreement provides that the parties must, from time to time, make payments or provide notice to one another; and WHEREAS, the agreement identifies specific addresses to which notice must be provided, but fails to identify the addresses to which payments must be sent and fails to allow for a change of address; NOW, THEREFORE, in consideration of the premises, mutual promises and covenants herein, the parties agree as follows: 2. as follows: Paragraph 5 of the agreement entered March 29, 1989 (Exhibit A) shall be amended - All notices required to be given, or payments required to be made hereunder, shall be given in writing by mail, postage prepaid, at the address of the recipient as listed below, or at such other address as a party may designate for itself by notice given pursuant to this paragraph. CITY: City of Aspen c/o City Manager 130 S. Galena St. Aspen, CO 81611 CENTENNIAL-ASPEN: Centennial-Aspen c/o World Class Housing, Inc., General Partner Sam Brown, Secretary 1700 Lincoln St., Suite 4010 Denver, CO 80203 IN WITNESS WHEREOF the parties hereto set their hands on the day and year first above written. City of Aspen, Colorado Attest: BY:~ May !j~ '~t'r2xfk Centennial-Aspen Attest: --- By: Sam Brown, General Partner/Secretary \user\aspen W7\cen-amd2. 818 - 2- AGREEMENT THIS AGREEMEN~ is entered into 'this ~ q~ day of ~'~l~J ~ , 1989, between THE CITY OF ASPEN, COLO- RADO (hereinafter "City"), THE COONTY OF PITKIN, COLORADO (here- inafter "County"), and CENTENNIAL-ASPEN, a limited partnership (hereinafter "Centennial-Aspen"),and THE CENTENNIAL CONDOMINIUM OWNERS ASSOCIATION (hereinafter "Association"). WIT N E SSE T H: p' WHEREAS, the city and Centennial-Aspen (as successor in interest to World Class Housing, Inc. in a certain disposition and ~evelopment aqreement with County), are in dispute with respect to City'. agreement to provide water and related services to the centennial project. WHEREAS, this agreement between City and centennial-Aspen incorporates by reference the Water Serviee Agreement of July 23, 1984 ("Water Service A9reementtl). Sai~ agreement is incorporated herein and made a part hereof as Exhibit "A". WHEaEAS, City and Centennial-Aspen agree that all outstand- ing issues disputed by the parties hereto are fully and ade- quately identified in a letter dated November 17, 1988, from Ron Mitchell, actinq on behalf of the city, to Sam Brown, acting on behalf of Centennial-Aspen attaehed as Exhibit "B". Those issues are: (lj rebates tor re4uoed water usage to centennial/Aspen as containe~ in Paragraph lOot the Water Service Agreement;' (2) the City's claim tor a~4itional water service char;es; (3) additional connection fees: and (4) and Centennial/Aspen's claim for new connection rebates. . WHEREAS,_City and Centennial-Aspen, by this a9reement, have resolved the issues of delinquent charges, additional water service, and additional connection fees. Both City and Centen- nial-Aspen aqree to. resolve the last issue,. ne~ connection rebates, as hereinafter depicted. NOW, THEREFORE, in consideration of the premises, mutual promises and covenants herein,. the parties agree as tollows: 1. city and Centennial-Aspen agree that this Agreement i4entifies the only outstandin9 issues between the parties herein, which are (1) rebates for reduced water usage; (2) a~ditional water service charqes; (3) additional connection fees: and (4) new conneetion rebates. 2. Cit~ hereby tenders to Centennial-Aspen, and Centen- nial-Aspen hereby aecepts a check in the amount of One Hundred Ten Thousand Dollars ($110,000.00) in full satisfaction of EXHIBIT A Centennial/Aspen's claim for rebates for reduced water charges as set forth in Paragraph 10 of the Water Service Agreement and for city's claim for additional water service charges and additional connection fees. Execution of this agreement and endorsement of the check constitutes Centennial-Aspen's acknowledgement of the identification of all outstanding claims, and satisfaction of all claims, excepting new connection rebates, 3. With respect to new connections charges, this agreement is intended by City and accepted by Centennial-Aspen as a clari- fication and modification of the water service agreement .with respect to the issue of new connection charqes. City aqrees and Centennial-Aspen accepts the following modification to the Water service Agreement: The water service agreement is modified herein until the year 2007, Centennial Aspen is entitled to a rebate of Four Hundred Fifty Dollars ($450.00) per ECU for the first two hundred (200) ECU's connected onto the City of Aspen's water system and that part of Service Area 2, bounded by Aspen Grove SUbdivision Qn the east (excluding Aspen Grove Subdivi- s~on), Hunter Creek on the west, Highway 82 to the south, and the 8040 contour line on Smuggler Mountain to the north, all served by the Rubey interoonnect ("Rebate Area"). City shall promptly provi~G Centennial/Aspen with a list of all serviee, water service connections or remodeled expansion connections within the rebate area identifying the date, name, address, ECU of each such connection since the date of Attachment "A" and shall promptly pay to Centennial/Aspen Four Hundred Fifty Dollars ($450.00) for each ECp so connected to the date hereof. Hereafter, City shall provide such list an4 'infor- mation annually and a check for the rebate owed by January 31 of eaeh successive year for the ECU connections 4urinq the preceding year. 4. This aqreement modified only those seotions of the water Serviee Agreement which relate to the issues contained in Paragraph 1, hereinabove. All other provisions of the Water Service Aqreement not modified herein shall remain in full force and effect. 5. All notices hereunder shall be given in writing by mail at the appropriate address of the party, postage prepaid,' as follows: 2 - CITY: City of Aspen c/o City Manaqer 130 South Galena street Aspen, Colora40 81611 CENTENNIAL-ASPEN: Centennial-Aspen c/o World Class Housing, Inc., General Partner Sam Brown, President 1700 Lincoln Street, Suite 4010 Denver, Colorado 80203 6. This aqreement is bindinq on the parties hereto, their successors and assiqns. 7. This agreement may not be assiqned, without the consent Qf the parties hereto, except as provided hereinafter. Centen- nial-Aspen and/or the Association may need to assiqn this aqree- ment to one or more limited partnerships and/or associations. centennial-Aspen shall have the riqht to assiqn this agreement, or any part thereof, upon notice, to any limited partnership in which centennial-Aspen is the qeneral partner. Moreover, City shall not unreasonably withhold its consent to any other assign- ment of this agreement so long as such assiqnment will not be clearly injurious to the City'S interest. IN WITNESS WHEREOF, the parties hereto set their hands on the day and year firs~ above written. CITY 01 ASPEN, COLORADO BY~~'~~' William L. stirling, Mayer A'l'TEST: ,,~ . Koch, City Clerk CENTENNIAL-ASPEN By , Sam rown General Partner/Presid ," ....-- 3