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HomeMy WebLinkAboutresolution.council.075-93 I.' e.'.' 1\J. " ~- \%, '", me' -'.'..'.' I' /; ~'", . .... - RESOLUTION No.1S- Series of 1993 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, APPROVING A LEASE AGREEMENT BETWEEN THE CITY OF ASPEN, THE ASPEN SKIING COMPANY AND BUTTERMILK LIMITED PARTNERSHIP RELATIVE TO A PARCEL OF LAND TO BE USED FORA PARK-N-RIDEFACILITY, AND AUTHORIZING THE MAYOR OR CITY MANAGER TO EXECUTE SAID AGREEMENT ON BEHALF OF THE CITY OF ASPEN, COLORADO. WHEREAS, there has been submitted to the City Council a Lease Agreement between the City of Aspen, the Aspen Skiing Company and Buttermilk Limited Partnership, a true and accurate copy of which is attached hereto as Exhibit "A"; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ASPEN, COLORADO: That the City Council of the City of Aspen hereby approves that Lease Agreement between the City of Aspen, the Aspen Skiing Company and Buttermilk Limited Partnership relative to a parcel of land to be used as a park-n-ride facility, a copy of which is annexed hereto and incorporated herein, and does hereby authorize the Mayor or City Manager to execute said agreement on behalf of the City of Aspen. INTRODUCED, READ AND ADOPTED by the City Council of the City of Aspen on the -Z~ day of ~ , 1993. ~ 5. I'J.......-_A..~- ohn 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 the City of Aspen, Colorado. at a meeting held on the day hereinabove stated. 'f_" \$ <~:~ e. I~ . ~., ')..~ "'e,..... w \J \\, LEASE AGREEMENT THIS LEASE AGREEMENT ("Agreement") is entered into this ~ day of () ( t~-II-t,,-.- , 1993, in Aspen, Colorado, between BUTTERMILK LIMITED PARTNER- SHIP (hereinafter "Lessor"), the CITY OF ASPEN, Colorado, a home rule municipal corporation (hereinafter "City"), and the ASPEN SKIING COMPANY, (hereinafter "ASC"). WIT N E SSE T H: WHEREAS, Lessor owns certain real property comprising approximately 23.7 acres situated in Pitkin County, Colorado, and more specifically described in Exhibit "A" attached hereto and incorporated herein by this reference (hereinafter "Premises"); and WHEREAS, the City and ASC (hereinafter "Lessees") desire to lease said Premises for the purpose of constructing and operating a park-and-ride facility upon said Premises; and WHEREAS, Lessor desires to lease said Premises to the Lessees; and WHEREAS, the parties wish to set forth the terms and conditions upon which Lessees shall lease said Premises from the Lessor; NOW, THEREFORE, in consideration of the premises, mutual promises, and covenants contained herein, the parties agree as follows: 1. Demise and Description. Lessor hereby agrees to lease to Lessees upon the terms and conditions set forth in this Agreement, for the purpose of conducting that lawful activity as hereinafter described and for no other purpose, that certain real property referenced herein as the Premises, situated in the County of Pitkin, State of Colorado, and more particularly described in the schedule attached hereto as Exhibit" A" and made a part hereof. 2. Lessor's Representations With Respect to Title to the Premises. (a) Lessor hereby represents that the Premises are owned by Lessor in fee, subject only to restrictions established by the general planning and zoning code of Pitkin County, Colorado, and any state of facts which an accurate surveyor physical inspection would show. (b) Lessor hereby covenants, subject to the terms and conditions herein provided, that Lessees shall have the sole, peaceable and uninterrupted use and occupancy of the Premises during the term of this Lease, for so long as Lessees perform all covenants herein agreed to be performed by Lessees. (e) Lessor hereby warrants to Lessees that there is a legal right of access to the Premises over the West Buttermilk Road and that said right can be exercised by Lessees. "e: ".'.:. \" '4, ,,< tA . me. !, 0;,<.. in an amount or at a valuation greater than would be assessed without such use, Lessees shall pay the incremental difference as said taxes come due; provided that, with respect to any govern- mental charges that may lawfully be paid in installments over a period of years, Lessees shall be obligated to pay only such installments as have accrued during any individual term of the lease. (b) Lessees may at their expense and in good faith contest any taxes, assessments, and other charges and, in the event of any such contest, may permit the taxes, assessments, or other charges so contested to remain unpaid during the period of such contest and an appeal therefrom unless the Lessor shall notify the Lessees that, in the opinion of the Lessor's attorney, by nonpayment of any such items the title will be materially endangered or the Premises or any portion thereof will be subject to loss or forfeiture, or the Lessor will be subject to liability, in which event such taxes, assessments, utility or other charges shall be paid forthwith; provided, however, that such payment shall not constitute a waiver of the right to continue to contest such taxes, assessments, utility or other charges. 9. Maintenance. (a) Lessees shall, throughout the term of this Agreement, at their own cost, and without any expense to Lessor. keep and maintain the Premises, including all structures, improvements of every kind which may be a part thereof, and all appurtenances thereto, in good sanitary and !1(~at order, condition and repair. Lessor shall not be obligated to make any repairs, replacements, or renewals of any kind, nature or description whatsoever to the Premises, or any buildings or improvements thereon. (b) Lessees shall, at their own expense, keep and maintain all landscaping upon the Premises in a well groomed and orderly condition, free of rubbish and unlawful obstructions. 10. Access to Premises. Lessor shall have reasonable access upon all parts of the Premises upon reasonable 'notice. Lessor shall have the right to make repairs that Lessees may neglect or refuse to make in accordance with the provisions of this Agreement; provided, however, that such access and repairs do not unreasonably interfere with the operation of the park-and-ride facilities. Before entering the Premises to make repairs, Lessor shall give Lessees notice and a reasonable period of time to make necessary repairs. 11. Responsibility for Negligent Acts by Lessees and Insurance. (a) Lessees hereby agree be responsible for any loss, damages or claims arising from or resulting from the negligent act of Lessees, their agents, servants, employees, or invitees, on the Premises. Nothing contained herein shall be interpreted or construed to mean that the Lessees shall hold each other harmless from the wilfull or negligent acts of the other. Nothing contained herein shall be interpreted or construed to diminish or waive those immunities and limitations as offered the City under the Colorado Governmental Immunity Act, 924-10-101, et seq., C.R.S. (b) Lessees, at their sole cost and expense, shall maintain reasonable amounts of insurance coverage during the term of this Agreement and any extension thereof. Such insurance 4 (1-. '~. (.,e.,.'... It \~ -' ~. . "~.. by any other governmental entity to use the Premises for the purposes contemplated herein; provided, however, that the Lessees shall provide Lessor with a copy of all applications and supporting materials and documents prior to the submission of any applications and offer Lessor a reasonable period of time to review and comment upon same. 5. Term. Subject to Lessees' satisfactory adherence to all of the terms and conditions herein and the conditions precedent identified in Section 4 of this Agreement, the term of this lease shall commence upon the day the City obtains land use approvals for use of the Premises as set forth in Section 3 of this Agreement and shall terminate on April 30, 1997, unless further extended by the written consent of the parties. 6. Rent. (a) ASC shall pay Lessor as rent for the Premises the amount of Thirteen Thousand Three Hundred Thirty Three Dollars ($13,333.00) per annum. Rent payments shall be due and payable on January 5 of each calendar year except for the first year of this Agreement when the rent shall be payable no later than thirty (30) days following the day the City obtains land use approvals for use of the Premises as set forth in Section 3 of this Agreement. (b) City shall pay Lessor, subject to annual appropriations for the same by the City Council of the City of Aspen, as rent for the Premises the amount of Six Thousand Six Hundred Sixty Seven Dollars ($6,667.00) per annum. Rent payments shall be due and payable on January 5 of each calendar year except for the first year of this Agreement when the rent shall be payable no later than thirty (30) days following the day the City obtains land use approvals for use of the Premises as set forth in Section 3 of this Agreement. (c) The ASC shall annually provide Lessor with four bearer season ski passes to Aspen Mountain, TiehacklButtermilk, and Snowmass Mountain. In addition, in the event that ASC has the legal authority to do so at any time in the future, it shall provide Lessor with four bearer season ski passes to Aspen Highlands Mountain. (d) The parties hereto acknowledge and agree that the rent agreed to in this Agreement is not intended to be, and shall not be used as, an indication or representation in any fashion whatsoever as to the fair market value of the Premises. 7. Utilities. Lessees shall fully and promptly pay for all water, gas, heat, light, power, telephone service, garbage removal, cable television, and other public utilities of every kind furnished to the Premises throughout the term hereof, and all other costs and expenses of every kind whatsoever of or in connection with the use, operation, and maintenance of the Premises and all activities conducted thereon, and Lessor shall have no responsibility of any kind for any thereof. 8. Taxes. Other Governmental Charges and Utility Charges. (a) Lessor shall pay all taxes assessed upon the value of the land exclusive of any improvements made to or upon the land as contemplated by this Agreement. In the event that the use, possession, construction or equipping of the Premises is found to be subject to taxation 3 -- 11_.. \\ ""', 'It ( ".".. 3. Use of Premises. (a) The Premises shall be used exclusively by Lessees for the purpose of constructing, maintaining and operating a park-and-ride facility. The parties understand that the park-and-ride facility will require the resurfacing of the Premises with such material as the City selects to accommodate surface parking of motor vehicles, the construction or installation of accommoda- tions for motorists and public transportation consumers, landscaping. berming, grading improvements, and drainage structures. Improvements to the Premises may be added by Lessees at thier sole cost to include rest rooms, an information center, or other similar amenity for users of the park-and-ride facility. Lessor hereby authorizes said construction and/or installations upon the Premises. (b) Lessees shall not use, or permit the Premises, or any part thereof, to be used for any purpose or purposes other than the purpose or purposes for which the Premises are hereby leased, or for any purpose not customarily permitted upon a municipally operated or owned park-and-ride facility. Lessees shall, at their sole cost, comply with all requirements of any insurance policy, organization or company necessary for the maintenance of insurance. as provided herein, covering any structure and appurtenances at any time located on the Premises. (c) Lessees agree to comply with all present and future federal, state and local laws, rules and regulations in their use and occupancy of the Premises. (d) Lessees shall not sell, convey, assign, transfer, sublease, pledge, surrender or otherwise encumber or dispose of this Agreement or any interest or estate created hereby without the express written permission of the Lessor. Lessor shall not unreasonably withhold its permission to allow Lessees to assign or sublease their rights in this agreement to an entity currently in existance or created in the future to operate and maintain the park-and-ride facility contemplated herein. 4. Rezoning: and Governmental Approvals. (a) The parties acknowledge that before the Premises may be used for the purposes contemplated herein, certain governmental approvals are required. The parties hereby agree that obtaining all necessary governmental approvals, including rezoning of the Premises, shall be deemed to be a condition precedent to the obligations of the Lessees under this Agreement. Failure to obtain proper rezoning or other governmental authority to use the Premises for the purposes contemplated herein after reasonable effort, and no later than July 1, 1994, shall entitle either party to declare this Agreement null and void. In such an event, Lessor shall return to Lessees any rent prepaid by the Lessees. (b) The City shall apply to the Pitkin County Board of County Commissioners within thirty (30) days of the execution of this Agreement for subdivision approval or exemption and a rezoning of the Premises to allow its use as set forth in Section 3 of this Agreement, and associated Growth Management Quota System (GMQS) review, Special Review approval, and Scenic Foreground Review pursuant to the Land Use Code of Pitkin County, Colorado. (c) Lessor agrees and hereby does grant to Lessees its authority to seek said county land use approvals and to complete and file applications for any other permits or licenses required .~ l. "ft. m -,\ "\< le~'. ~'l """'l shall include comprehensive general liability coverage insuring Lessees against any liability arising out of this Agreement or the use, occupancy, or maintenance of the Premises. Lessor and any named mortgagee shall be furnished with a copy of proof of insurance as provided for under this Agreement upon Lessor's request. Lessees shall each carry and maintain said insurance of not less than those specified by Section 24-10-114, C.R.S., as may be amended from time to time. Lessees' insurance coverage shall be primary and noncontributing with any insurance as secured by Lessor. Nothing contained herein shall be interpreted or construed to diminish or waive those immunities and limitations as offered the City under the Colorado Governmental Immunity Act, S24-1O-101, et seq., C.R.S. 12. Condemnation. If during the term of this Lease, or any renewal of it, the whole or part of the Premises or such portion as will make the Premises unusable for the purpose leased. or the leasehold interest, be condemned by public authority, including the City, for public use, then the lease term granted herein shall cease as of the date of the vesting of title in the Premises in such condemning authority, or when possession is given to such authority, whichever event occurs first. Upon such occurrence, Lessees shall not be entitled to any part of the condemnation proceeds, if any, for the value of the unexpired term of this lease or for any other estate or interest in the Premises, except for the value of any improvements as constructed on the Premises by Lessees, such amount belonging entirely to the Lessor. 13. Lessees' Option to Terminate. Lessees shall have the right, by written notice to the Lessor given at least six months prior to its intention to do so, to terminate and surrender its leasehold interests hereunder to Lessor, and on such effective date Lessees shall be relieved from all further liability hereunder, subject to the Remedies On Default provisions of this Lease which shall apply as if a default had occurred. 14. Lessor's Option to Terminate Upon Sale of Premises. Subjectto the City's right of first refusal set forth at Section 15 of this Agreement, in the event that Lessor has executed a bona fide purchase of sale agreement for the Premises and closed upon that purchase of sale agreement, Lessor shall have the right, by written notice to the Lessees given in accordance with Section 15 of this Agreement, to terminate this Agreement as of a date certain no sooner than the end of the next visitor season, not including the then current visitor season in which closing occurs on the sale of the Premises. A visitor season shall be defined for purposes of this Agreement as the period of time between Memorial Day through September 30th and the period of time between Thanksgiving through April 22. 15. City's Right of First Refusal. In the event Lessor desires to sell any portion of the Premises and a bona fide offer to purchase all or a portion of the Premises is received, and such offer is satisfactory to Lessor, the City shall have the privilege of purchasing such portion of the Premises which is the subject of the offer, at the price and upon the terms of the offer so made. This privilege shall be given by notice sent to the City by certified mail, requiring the City to accept the offer in writing and sign a suitable contract to purchase the Premises or a portion thereof within the period of sixty (60) days after the mailing of the notice. Failure of the City to accept the offer to purchase or sign a contract within the period provided shall nullify and void the privilege to the City and Lessor shall be free to sell the Premises, or any portion thereof, to any other third party or entity; subject, however, to the termination provision of Section 14 of this Agreement. 5 '.... \(\< ~e.'.. '\. '\..:-. we; \~'" " 16. Disposition of Improvements Upon Termination. Upon termination of this Agreement for any reason whatsoever, the Lessees shall be required to restore the Premises to their former condition of usefulness or appearance which may have been disturbed or interfered with by the construction, maintenance or operation of the park-and-ride facilities contemplated by this Agreement, including any environmental damage or contamination, provided that Lessor has received appropriate governmental land use approvals within two (2) years of the date of termination for a use which would require that the Premises be restored to their original condition. Lessees shall have the right to remove any structures, fixtures or appurtenant facilities installed, constructed or placed on the Premises during the term of this Agreement. Lessees shall provide to Lessor as-built plans showing all improvements made on the Premises. 17. Abandonment of Premises. Lessees shall not vacate or abandon the Premises at any time during the term hereof; if Lessees shall abandon or surrender the Premises, or be dispossessed by process of Jaw, or otherwise, any personal property belonging to Lessees and left on the Premises shall be deemed to be abandoned, at the option of Lessor. For purposes of this Agreement, "abandon" shall mean that Lessees have failed to utilize the Premises for a park-and- ride facility for a period of time in excess of ninety (90) days. Non-use of the Premises or any part thereof by reason of construction or repair activities shall not be construed as abandonment. 18. Events of Default Defined. The following shall be "Events of Default" under this Agreement: (a) Failure by the Lessees to pay any rent or other payment required to be paid herein at the time specified whether or not annual rents are duly appropriated by the Aspen City Council; or, (b) Failure to use the Premises for the purpose or purposes set forth in the Use of Leased Premises provisions of this Agreement; provided, however, that time spent for the purpose of maintenance, remodeling, or repairs to the Premises and/or for events beyond the control of the Lessees shall not be counted; or, (c) Failure by the Lessees to observe and perform any covenant, condition or agreement on its part to be observed or performed, unless the Lessor agrees in writing to an extension of time or waiver prior to its expiration; or, (d) Lessees' interest in this Agreement or any part hereof is assigned or transferred without the written consent of Lessor, except as provided herein, either voluntarily or by operation of law or otherwise; or, (e) Lessees abandon or vacate any part of the Premises. 19. Remedies on Default. Whenever any Event of Default shall have happened and be continuing the Lessor shall have the right, at its sole option and discretion, to notify Lessees of the Event of Default and require Lessees to cure the Event of Default within a reasonable period of time, but not less than thirty (30) days. or suffer termination of the Agreement and the Remedies of Default as provided herein. If Lessees fail to cure, or it is impossible to cure, Lessor may declare the Agreement terminated. 6 AI) I..l.' ~} tt\,-, ~""-"" i1 , '< .It ~.' ". IS '<, - .BIII - 20. No Remedy Exclusive. No remedy herein conferred upon or reserved to the parties is intended to be exclusive and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement or now or hereinafter existing at law or in equity. No delay or omission hereunder shall impair any such right or power or shall be construed to be a waiver thereof. but any such right and power may be exercised from time to time and as often as may be deemed expedient. 21. Non-Discrimination. The parties hereto agree to comply with all laws, ordinances. rules and regulations that may pertain or apply to the Premises and its use. In performing under this Agreement, Lessees shall not discriminate against any worker, employee or job applicant, or any member of the public, because of race, color, creed, religion, ancestry, national origin, sex, age, marital status, physical handicap, affectional or sexual orientation, family responsibility or political affiliation, nor otherwise commit an unfair employment practice. 22. Attorneys' Fees. If any action at law or in equity shall be brought to recover any rent under this Agreement, or for or on account of any breach of, or to enforce or interpret any of the covenants, terms, or conditions of this Agreement, or for the recovery of the possession of the Premises, the prevailing party shall be entitled to recover from the other party as part of the prevailing party's costs reasonable attorneys' fees, the amount of which shall be fixed by the court and shall be made a part of any judgment or decree rendered. 23. Notices. All notices, certificates or other communications hereunder shall be sufficiently given and shall be deemed given when delivered or mailed by certified mail, postage prepaid, addressed as follows: If to the Lessor: Craig Stapleton Buttermilk Limited Partnership P.o. (1,0,-/- tS-,!.- (,,.~"V\...;. C"'. 0, Ot;,&"o With a copy to: If to City: City of Aspen 130 South Galena Street Aspen, Colorado 81611 Attention: City Manager 7 -~ ~, . "-~'" . 'e'.. t. ',-" -. 'WI' With a copy to: City Attorney 130 South Galena Street Aspen, Colorado 81611 If to Aspen Skiing Company: Aspen Skiing Company c/o General Manager P.O. Box 1248 Aspen, Colorado 81612 With a copy to: Arthur B. Ferguson, Ir., Esq. Holland.& Hart 600 East Main Street Aspen, Colorado 81611 24. Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the Lessor and the Lessees and their respective successors and assigns. 25. Amendments. The terms of this Agreement shall not be waived, altered, modified, supplemented or amended in any manner whatsoever except by written instrument signed by the City, ASC and the Lessor. 26. Execution in CounteqJarts. This Agreement shall be executed in three counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. 27. Applicable Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Colorado. 28. Captions. The captions or headings in this Agreement are for convenience of reference only and in no way define, limit or describe the scope or intent of any provision or sections of this lease. 29. Waiver. The waiver by the parties of, or failure of any party hereof to take action with respect to any breach of any term, covenant, or condition herein contained shall not be deemed to be a waiver of such term, covenant, or condition. or subsequent breach of the same, or any other term, covenant, or condition therein contained. The subsequent acceptance of rent by Lessor shall not be deemed to be a waiver of any preceding breach by Lessees of any term, covenant, or condition of this Agreement, regardless of Lessor's knowledge of such preceding breach. 30. Entire Agreement. This Agreement constitutes the entire agreement between Lessor and the Lessees. No waiver, consent, modification or change of terms of this Agreement shall bind 8 '- (Y" III..... \\ .. ~. \. ~el 'Z. '< either party unless in writing signed by all parties, and then such waiver, consent, modification or change shall be effective only in the specific instance and for the specific purpose given. There are no understandings, agreements, representations or warranties. express or implied, not specified herein regarding this Agreement or the Premises leased hereunder. 31. Authorized Signatures. By signing this Agreement the parties acknowledge and represent to one another that all procedures necessary to validly contract and executed this Agreement have been performed and that the persons signing for each party have been duly authorized to do so. 32. Further Assurances. The parties further agree to execute and deliver such additional documents and agreements as necessary to carry out the intent of this Agreement. 33. No Third Party Beneficiaries. This Agreement is not intended to create any right in or for the public, or any member of the public, including any subcontractor, supplier or any other third party, or to authorize anyone not a party to this Agreement to maintain a suit to enforce or take advantage of its terms. The duties, obligations and responsibilities of the parties to this Agreement with respect to third parties shall remain as imposed by law. 34. No Partnership or Agency Relationship. The arrangement defined and existing by this Agreement exists entirely for the convenience of the parties hereto and does not constitute a partnership or agency and shall not be deemed to give to any party the powers of a partner or agent for or on behalf of another. IN WITNESS WHEREOF, the parties have executed this Agreement in their names and attested or witnessed by authorized persons. All of the above occurred as of the date first written above. By CITY OF ASPEN, COLORADO {d, l./C, Amy / argerum,C ty Manager 0' ATTEST: 1, City Clerk Approved as to form: /J //A:f(/J~~ 9 '~- ~ "",~. I'ex.. '1;\ 'c\< ,I.,. "~. WITN~ WITNESS: ~.~ fJ, ;r. Approved as to form: ASI;EN SKIING COMPANY: 1'/ ~ BIC:-C Llj-'--"--"__~ Titl: r~<" r CGo \ BUTTERMILK LIMITED PARTNERSHIP: By /\.A{L~ \? . c:; ~ lc \'- G.-t <J-,\ ...A r (A,~ iJ.. '\ Title: ~~ / BUltennilk.agr 10 Ie I'~.... ~~.~. ~.;. \~<. i._ b~. . ,& % " TO: ~ - THE CITY OF ASPEN CITY ArrORNEY'S OFFICE Mayor and Members of Council FROM: -"'I " John P. worcester[.,:/lt{ / October 20. 1993 DATE: RE: Buttel"milk Park-n-Ride Lease Agreement Attached please find a copy of the latest draft of the lease agreement between the City of Aspen, the Aspen Skiing Company and Buttermilk Associates. Please note that the agreement included in your packet has not been executed by Buttermilk Associates. It is staff's hope that the agreement will be signed before Council's meeting on Monday. The agreement has been approved by Craig Stapleton but he wanted to send it to his brother who is an attorney. He did not expect any changes but just wanted to be sure.... Following is a short summary of the terms of the agreement: Premises: The lease is for a parcel of land of approximately 23 acres which lies downvalley of the Buttermilk Ski Area Parking Lot. Term: Commences on the day Lessees receive land use approval and terminates April 30, 1997. There is no provision for renewal. Lessees have right to terminate upon six months notice. Lessees have a right of first refusal in the event that the Lessor finds a bona fide purchaser for the parcel. Rent: Ski Co pays $13,333 per year. City pays $6,667 per year. Lessees pay for all utilities. Use: The lease permits Lessees to construct, maintain, and operate a park-n-ride facility with the option of installing rest rooms, an information center and other similar amenities. Land Use Approvals: The lease agreement is subject to obtaining land use approvals before July 1, 1994, at which time the Lessors could declare the agreement void. (Application for all requisite approvals have been submitted to the County.) Improvements: Lessees are responsible for all improvements. At the end of the lease term, the Lessees will be responsible for restoring the premises to their former state and 1 'I" ~ . il '\, ~"-""^. \\ '\, I~.!._.. v ~ .,,< condition provided the Lessor has received land use approvals within two years that require the land to be restored for the use approved. If there are any changes to the agreement before Monday I will report them to you. - ACTION REQUESTED: Motion to approve Resolution 7fJ authorizing the City Manager to execute the lease agreement between the Aspen Skiing Company, the City of ASpen and Buttermilk Associates. V 4 '7'-4" "" ..'l- ~-" "';P'" (\ c.,' r.; I'.,t'! ~,-.C''i ",,~f".fj I."t!fle,.,.,,- 2