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Home My WebLink Aboutresolution.council.067-96 ) 7 ~ c; B",~L,\"'),, ......"" .~\ RESOLUTION NO. r.e:.:r-- Series of 1996 A RESOLUTION APPROVING A CONTRACT TO BUY AND SELL REAL ESTATE BETWEEN THE WALTER E. PAEPCKE LIFE INSURANCE TRUST AND THE CITY OF ASPEN, COLORADO, FOR THE PURCHASE OF PROPERTY COMMONLY REFERRED TO AS THE BURLINGAME RANCH, AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID CONTRACT ON BEHALF OF THE CITY OF ASPEN, COLORADO. WHEREAS, there has been submitted to the City Council a Contract to Buy and Sell Real Estate between The Walter E. Paepcke Life Insurance Trust and the City of Aspen, 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 Contract to But and Sell r Real Estate for the property commonly referred to as the Burlingame Ranch, a copy of which is annexed hereto and incorporated herein, and does hereby authorize the City Manager of the City of Aspen to execute said contract on behalf of the City of Aspen. INlRODUCED, READ AND ADOPTED by the City Council of the City of Aspen on the ;Jc;- day of j1/1r7/. , 1996. ~!?~ f ohn S. Bennett, Mayor I, Kathryn S. Koch, duly appointed and acting City Clerk do certify that the foregoing is a true and ac-curiue copy of that resolution adopted by the City Council of the City of Aspen, coionide,-, at-a meeting held on the day hereinabove stated. r ~J.~ Ka n S. Koch, City Clerk burling.res r', , ' r' , .~ 'tiZlill960 SILVIA OnVIS 01/16/1997 11:34A PG 1 OF 3 PITf<rNCOUNTY CLERK & RECORDER REC 16.00 DOC 0.00 BARGAIN AND SALii'DEED KNOW AU. MEN BY THESE PRESENTS, Thati, the undersigned THE WALTER- P. PAEPCKE LIFE INSURANCE TRUST who~eaddrcssis c/o Peter P. Nitze, 610 5th Avenue, Ste. 510, New York, NY 10020 -eaurnyuf arn:I-BtlI1'e'W. , forthecon5iderationof TEN DOLLARS ($10.00) and other good and valuable considerations-----------\Rrlhrrs. , , , o " ~ o o ~ c . ~ c ~ , o ~ ~ in hand paid. hereby sell(s) and cOllvey(s) to THE CITY OF ASPEN, COLORADO, a Colorado municipal corporation whose Jegal address is c/o City Manager, 130 South Galena St., Aspen, CO B1611 -C-oo+lt-)'-ef -ran4.St~4 the following real property sill.latc in the County of PITKIN and SlatcofColoraclo, lowit: . ,~ ~ E;- o . , ~ ~ ~ ~ o , x ., ~ See Exhibit A attac,hed her'eto and made a part hereof by this reference o ,~ " o , ~ :;: , ~ als<rknown by-streenlTlchmmberas The Burlingame Ranch as~''!''Sehedttle~1'ltreel-numeer: .~ w . " . ,:;: " o o u with all it~appurtenances. January TRUST By: . 3 o < ot COLORADO STATEOF~~RA~rtAtlt0tNt~ County of sAN irAttfJ PITKIN J SS. The foregoing instnlment was aCknowledged before me this 15th day of January 19 97 ,by PAULA A, ZURCHER,as Co~Trustee of the Walter Insurance Trust, By: AlanE, Schwartz, ,Attorney in fact the Trust Agreement of Walter P. Paepcke Life My commission expires :r1\HU1\e.~ c:it> Life 'lfino....."io<<tl"Cit1;nd". See attached I No. 901. Rev. 4-94. 8AIlGAINANDSALEDEED(Slotul<I'fForm) Brtdtllt<l PUbli'hi"l!. 1743 w..... St.. Den=. co 80202 _ (303) 292.2500. 8.94 C".1,i,ntI9!! NOT ..,... ; " . " , ~ . '" ~" . ; " . o . ~ & o o '" . o . < . 0. 2! , ~ '" , ~ ~ -.J fa I 50. SEPARATE ACKNOWT,FnGMEN'f PAGE ~ COLORADO STATE OF N!lW,yMK PITKIN COUNTY OF NIIW,yORK' I 55. The foregoing instrument was acknowledged before me this ...l2!h.. day of January, 1997, by Peter P. Nitze, as Co-Trustee of The Walter p, Paepcke Life Insurance Trust. By: Alan E, Schwartz, Attorney in fact iuthorized pursuant to the Trust Agreernent** WITNESS my hand and official seal. My commission expires: :\~IJAij do, ,q;"i (SEAL) **of Walter P. Paepcke Life Insurance Trust dated August 24, 'f00960 011~6/1997 le:34A PG 2 OF 3 r"- f""""". EXHIBIT "A" LOTS 6 AND 18, SECTION 2, TOWNSHIP 10 SOUTH, RANGE 85 WEST OF THE 6TH P,M. ,"-""'" LOTS 1, 7, 8, 9, 10,16, 17, 18, 19, 2D AND 21, SECTION 3, TOWNSHIP 10 SOUTH, RANGE 85 WEST OF THE 6TH P.M. EXCEPTING THEREFROM THE FOLLOWING PARCELS OF LAND AS DESCRIBED IN: BOOK 166 AT PAGE 152, BOOK 176 AT PAGE 611, BOOK 176 AT PAGE 318, BOOK 178 AT PAGE 524, BOOK 181 AT PAGE 320, BOOK 185 AT PAGE 150, BOOK 185 AT PAGE 199, BOOK 195 AT PAGE 517, BOOK 199 AT PAGE 557, BOOK 202 AT PAGE 270, BOOK 213 AT PAGE 113, ~OOK 225 AT PAGE 154, BOOK 243 AT PAGE 773, BOOK 243 AT PAGE 777, BOOK 294 AT/PAGE 943, BOOK 302 AT PAGE 687, BOOK 322 AT PAGE 976, BOOK 323 AT PAGE 639, BOOK 335 AT PAGE 369, BOOK 335 AT PAGE 380, BOOK 335 AT PAGE 3'83, BOOK 351 AT PAGE 144, BOOK 742 AT PAGE 450 AND THAT PARCEL EXCEPTED IN THE DEED RECORDED IN BOOK 188 AT PAGE 462. COUNTY OF PITKIN, STATE OF COLORADO. 41210960 01/16/1997 11134A PG 3 OF 3 1""", ~ f" f' r"'. ~ .,;- ~ ~ ~ FOREIGN CO-PERSONAL REPRESENTATIVES' PEED (Testate Estate) THIS DEED Is made by PAULA A. ZURCHER, PETER P. NITZE and JULIUS LEWIS as CO~PERSONAL REPRESENTATIVES (Independent Co-Execlltors) of the ESTATE OF ELIZABETH H P AEPCKE, DECEASED. G,antors, to THE CITY OF ASPEN, COLORADO, a Colorado municipal corporation, whose legal address is c/o City Manager, 130 South Galena Street, Aspen, Colorado 81611; WHEREAS, the above-named decedent, Elizabeth H. Paepcke, in her lifetime made and executed her Will dated February 22, 1993 and three codicils thereto dated May 28, 1993,' July 16, t 993 and January 31, 1994 (collectively hereinafter "Will"), which Will was duly admitted to probate on June 30, 1994, by the Circuit Court afCook County, Illinois, County Department, Probate Division, Case No. 94-P~5517; and WHEREAS, Grantors were duly appointed Co-Personal Representatives (Independent Co-Executors) of said Estate on June 30, 1994, in Case No. 94-P-5517 of the Circuit Court of Cook County, Illinois, County Department, Probate Division, and are currently qualified and acting in said capacity. On September 13, 1994, the District Court of Pitkin County, Colorado, recertified the Letters of Office.Decedent's Estate under Colorado Probate Case No. 94PR21, thus providing the foreign Co-Personal Representatives (Independent Co-Executors) with all the .powers of local Co~Personal Representatives under Colorado Jaw. NOW, THEREFORE, for and in con~jderation of the sum ofTen Dollars ($10.00) and other good and valuable ce1nsiderations, and pursuant to the powers conferred upon Grantors by the Colorado Probate Code, Grantors do hereby sell, convey, quitclaim, assign,tr<1l1sfer and set over unto Grantees, all of the said Grantors' right, title and interest in and 10 the following-described rcal property in the COUNTY OF PITKIN, STATE OF COLORADO, See Exhibit A attached hereto and made a part hereof by this reference known as The Burlingame Ranch, With all appurtenances; subject to reservationsand exceptions in patents and to all easements, rights-of.way, encroachments, encumbrances, covenants, conditions, restrictions and obligations of record and/or apparent or otherwise in existence, all matters which a correct improvement survey would disclose, and the rights or claims of third parties.in possession, and general property taxes and assessments for the year 1997 and all subsequent years, Dated tbI, ~ day of January, 1997. '\'- PETER P. NITZE A--- J~i:L!v,;S: .LM'-- AS CO-PERSONAL REPRESENTATIVES (Independent Co~Executors) of the ESTATE OF ELIZABETH H. P AEPCKE, DECEASED '~iZlQl961 SILVIA DAVIS 1211/16/1997 11:46A PGl QF 3 PITKIN COUNTY CLERK & RECORDER REC 16;00 DOC 0.121121 NOT ~ c ~ 1+00961 ~. (Foreign Co-Personal Representatives' Deed) Continued ) COUNTY OF ~ /{{ale. ~ The foregoing instrument was acknowledged before me this L"'aay of January, 1997, by Paula A. Zurcher as Co-Personal Representative (Independent Co- Executor) of the Estate-of Elizabeth H. Paepcke, Deceased. STATE OF CALIFORNIA ". WIlNESS my hand and official seal. r>>4l~'''''lVf'Y'~<:Inllf;;lmltJnllhtf'"I~..4~ ~m SETINE lEE w COMM, fi9gn7i?3 :? fi NOT MY PU!lLlC . CAlWOr1mA m L SAN MArEO COUNTY ... My CommlstlOl1 ExplrM April?, 1997 . ~ ~P'-~ ~--- IU.ll~' ~~'It ~ NOTAIty PUBLIC STATE OF 1j6W Ynf'.tr COUNTY OF /'Icw y.Rk The foregoing instrument was ackn~wledged before me this --1.E.....- day of January, 1997, by Peter P. Nitze as Co-Personal Representative (Independent Co- Executor) of tbe Estate of Elizabeth H. Paepcke, Deceased. ". WITNESS my hand and official seal. My Commission expires; '1/3o/r"? -/~ NOT AR PUBL! df?;-~ '."'!1-:Y COSTANZO Notary '~:I ';e. Slate off New York " ,'Q818?70 OU?!!';,>!:11 ,.',Rtehester COunty Cort",. ,"sw York COurll Comm!,''':'''! "'::l;I'CS .",-,?./~.alh STATE OF ILLINOIS COUNTY OF 12 00 t< SS. The foregoing instrument waS acknowledged before me this f? rlLday of January, 1997, by Julius Lewis as Co-Personal. Representative (Independent Co~ Executor) of the Estate ofEIizabeth H. Paepcke, Deceased. . OFFICIAL SEAL WITNESS my had and officIal seal. '. EILEEN A OJ LU1A , . ~ NtI1'\iW PU8L1C, STArE Of ILLINOIS My Commission expires: -/ Jl-<1.-t, (.f.... f, J..(WO ~;,~~MMI!;SION E)(~~.E~:03109100 JZ'. JJ ',c "':'/""';".0'1.-' M'" N6TARY PUBLIC )/~~~. 01/16/1997 11:46APG Z OF 3 EXHIBIT "A" LOTS 6 AND IB, SECTION 2, TOWNSH!P 10 SOUTH, RANGE 85 WEST OF THE 6TH P.M. (> LOTS 1, 7, 8, 9, 10, 16, 17, 18, 19, 20 AND 21, SECTION 3, TOWNSHIP 10 SOUTH, RANGE 85 WEST OF THE 6TH P. M. . EXCEPTING THEREFROM THE FOLLOWING PARCELS OF LAND AS DESCRIBED IN: BOOK 166 ~T PAGE 152, BOOK 176 AT PAGE 611, BOOK 176 AT PAGE 318, BOOK 178 AT PAGE 524, BOOK 181 AT PAGE 320, BOOK 185 AT PAGE ISO, BOOK 185 AT PAGE 199, BOOK 195 AT PAGE 517, BOOK 199 AT PAGE 557, BOOK 202 AT PAGE 270, BOOK 213 AT PAGE 113, BOOK 225 AT PAGE 154, BOOK 243 AT PAGE 773, BOOK 243 AT PAGE 777., BOOK 294 AT, PAGE 943, BOOK 302 AT PAGE 687, BOOK 322 AT PAGE 976, BOOK 323 AT PAGE 639, BOOK 335 AT PAGE 369, BOOK 335 AT PAGE 380, BOOK 335 AT PAGE 383/ BOOK 351 AT PAGE 144, BOOK 742 AT PAGE 450 AND THAT PARCEL EXCEPTED IN THE DEED RECORDED IN BOOK 188 AT PAGE 462. COUNTY OF PITKIN, STATE OF COLORADO. 4.00%1 01/16/1997 11:4~A PG 3 OF 3 (""""' f\