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HomeMy WebLinkAboutresolution.council.081-05 RESOLUTION NO. ~I Series of2005 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, APPROVING A LEASE AGREEMENT AND MEMORANDUM OF UNDERSTANDING FOR THE JUNIOR HOCKEY MEETING ROOM AND OFFICE SPACE IN THE LEWIS ICE ARENA, BETWEEN THE CITY OF ASPEN AND ASPEN JUNIOR HOCKEY AND SKATING FOUNDATION INC., 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 and memorandum of understanding for an Aspen Junior Hockey addition to the Lewis Ice Arena, between the City of Aspen and Aspen Junior Hockey and Skating Foundation Inc., 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 and memorandum of understanding for Aspen Junior Hockey lease space at the Lewis Ice Arena, between the City of Aspen and Aspen Junior Hockey and Skating Foundation Inc., 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 '''''~d'YO~20<l5 _ ~~_ /./. /He ~d, Mayor I, Kathryn S. Koch, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy ofthat resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held on the day h einabove stated. TLO- saved: 9/612005.289-G:\tara\ResosVunior Hockey.doc LEASE AGREEMENT THIS LEASE AGREEMENT is made and executed on , 2005, by and between the CITY OF ASPEN, Colorado, a home rule municipal corporation (hereinafter referred to as the "City" or "Lessor"), and ASPEN JUNIOR HOCKEY AND SKATING FOUNDATION, INC., a Colorado nonprofit corporation, (hereinafter referred to as the "AJH" or "Lessee"). WIT N E SSE T H: WHEREAS, AJH desires to construct and occupy space within the Lewis Ice Arena to be used as an office space and meeting room for AJH as more fully described in Exhibit A appended hereto; and, WHEREAS, the City is willing to allow AJH to construct and occupy said space under certain terms and conditions; and, WHEREAS, the parties hereto desire to execute a Lease Agreement which sets forth the agreement of the parties hereto in this regard; and, WHEREAS, the City and AJH are authorized to enter into this Lease Agreement for the purposes set forth herein. NOW, THEREFORE, in consideration of the mutual covenants, agreements, representations and warranties herein contained, the parties hereto agree as follows: 1. City Consent to Construct Additional Space in the Aspen Recreation Center. The City hereby consents to the construction of the additional space within the Aspen Recreation Center as identified in Exhibit A appended hereto; subject to the following conditions: a. AJH applies for and receives all govermnental land use and building approvals, including, but not necessarily limited to, land use approvals from the City of Aspen and a building permit from the City Building Department. b. The City approves in writing the building plans submitted by AJH to the City Building Department. This approval shall be separate and distinct from any land use or building permit approvals that may be required by City ordinances. The City shall have complete discretion in approving or rejecting any building plans submitted by AJH to the City in compliance with this section of the Lease Agreement. c. Construction of the space identified in the approved building plans shall commence within two years of the date of this Lease Agreement and shall be completed no less than six months thereafter. In the event that the construction of Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc. Page 2 the space is not commenced or completed in time as set forth herein, this Lease Agreement shall become null and void; and, any construction materials on the premises shall thereafter become the property of the City to be disposed of in the complete discretion of the City. d. The AJH shall strictly adhere to a building plan to be prepared by the City and delivered to AJH at the time of building permit approval that sets forth a building plan that attempts to minimize disruptions to the operation of the Lewis Ice Arena and the Aspen Recreation Center. e. All construction activity shall be performed in a workmanlike manner, in accordance with all applicable building and safety codes, and shall not weaken or impair the structural strength or lessen the value of the Lewis Ice Arena or the Aspen Recreation Center. f. The AJH Office Space shall be designed and constructed so as to properly integrate into the overall ARC security and fire alarm systems. g. All phone systems, facsimile lines, and computer lines shall be properly integrated into the ARC utility systems and shall be paid for entirely by AJH. h. The AJH Office Space, including all permanent fixtures located within or built-in the AJH Office Space, shall be owned by the City at all times. i. Lessor shall not incur any expenses associated with the construction of the Demised Premises. Lessee shall be responsible for all costs associated with the construction of the Demised Premises, including any costs associated with any changes required of the Lewis Ice Arena or ARC to accommodate the construction of the Demised Premises (including the costs of any enlargements or upgrades to the facilities' mechanical systems.) 2. Demise and Description. Subject to the City approvals referenced in Section 1, above, The City hereby leases to AJH the space identified in Exhibit A, for the purpose of conducting that lawful activity as hereinafter described and for no other purpose, that certain real property (hereinafter "Demised Premises"), situated in the Aspen Recreation Center owned and operated by the City of Aspen, County of Pitkin, State of Colorado, and more particularly described in Exhibit A and made a part hereof. 3. Representation bv the Parties. a. The Lessor hereby represents that the Aspen Recreation Center and the Demised Premises are owned by Lessor in fee, subject only to restrictions established by the general planning and zoning code of the City of Aspen, Colorado, and any state of facts which an accurate surveyor physical inspection would show. Lessee, by entering into this Lease Agreement, agrees that Lessee is satisfied as to Lessor's title to the Demised Premises and has found the same to be satisfactory. Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc. Page 3 b. Lessor hereby covenants, subject to the terms and conditions herein provided that Lessee shall have use and occupancy of the Demised Premises during the term of this Lease as identified below, for so long as Lessee performs all covenants herein agreed to be performed by Lessee. c. Lessee hereby represents that it is a not-for-profit organization incorporated under the laws of the State of Colorado, that it is operated exclusively for charitable purposes as those terms are defined by Article X, Section 5 of the Colorado Constitution; and, that it has received tax exempt status from the Internal Revenue Service pursuant to Section 501(c)(3) of the IRS Code. 4. Term. Subject to Lessee's satisfactory adherence to all of the terms and conditions herein, the term of this Lease shall be for an initial period of ten (10) years. Lessee shall have the option at the end of the initial term to renew for an additional Lease term of ten (10) years. Thereafter, Lessee shall have two (2) additional options to renew for ten (10) additional years each. (The total term of this Lease shall not exceed forty (40) years; an initial term of ten (10) years and three (3) optional renewal terms of ten (10) years each.) The Lease terms described herein are subject to the Events of Default provisions set forth herein. The renewal terms shall be renewed automatically unless Lessee provides written notice, six (6) months prior to the end ofthe term, that it does not intend to renew its option. At the conclusion of the forty-year term, Lessee shall have the right to request that the Lessor negotiate in good faith an extension of the lease for an additional period of time. Lessor hereby agrees to negotiate in good faith such an extension. 5. Rent. common maintenance costs. and utilities a. Lessee shall pay Lessor as rent for the Demised Premises an annual basic rent of One Dollar ($1.00) to be paid on the anniversary date of the Lease for each year of the Lease term. b. Except as otherwise provided herein, the rent provided for in this Lease, shall not include expenses or charges with respect to the Demised Premises, including cleaning, maintenance, repairs, costs of construction and replacement of buildings, insurance, utilities, taxes and assessments now or hereafter imposed upon or related to the Demised Premises. Lessee shall bear and pay for all such charges. Whenever a utility charge cannot be specifically metered or cannot be billed directly to Lessee, such as electricity, Lessee shall pay its proportional share of all such utilities based upon the pro-rated amount of space of the Demised Premises versus the total space of the ARC or Lewis Ice Arena covered by the particular utility bill. The parties hereto shall agree upon all such calculated formulas prior to the receipt of each such utility bill. c. AJH shall be responsible for any other maintenance or operational costs associated with its activities and City shall have no responsibility of any kind for any thereof. Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc. Page 4 6. Use of Demised Premises. a. The Demised Premises shall be used by Lessee for the purpose of establishing and thereafter maintaining a meeting place and office for the AJH program. All other proposed uses of the Demised Premises by Lessee not specifically set forth herein may only be permitted with the prior written approval ofthe Recreation Director. b. Lessee shall not use, or permit the Demised Premises, or any part thereof, to be used, for any purpose or purposes other than the purpose for which the Demised Premises are hereby leased; and no use shall be made or permitted to be made of the Demised Premises, or acts done, which will cause a cancellation of any insurance policy covering the Demised Premises located on the premises, or any part thereof, nor shall Lessee sell, or permit to be kept, used, or sold, in or about the Demised Premises, any article which may be prohibited by the requirements, pertaining to the Demised Premises, of any insurance organization or company, necessary for the maintenance of insurance, as provided herein, covering any building and appurtenances at any time located on the Demised Premises. c. Lessee shall not sell, or permit to be kept, used, or sold, in or about the Demised Premises, any illegal drugs, non-medicinal alcohol, or tobacco products, except in accordance with a special event permit issued by the City of Aspen pursuant to the Aspen Municipal Code. d. Lessee agrees to comply with all present and future federal, state and municipal laws, rules and regulations in its use and occupancy of the Demised Premises. e. Lessee shall not sell, convey, assign, transfer, sublease, pledge, surrender or otherwise encumber or dispose of this Lease Agreement, the Demised Premises, or any interest or estate created herein without the City express written consent. f. Lessee shall not commit, or suffer to be committed, any waste on the Demised Premises, or any nuisance. g. Lessee shall not erect, install, operate nor cause nor permit to be erected, installed or operated in or upon the Demised Premises any temporary or special event sign(s) or other advertising device that is not consistent with the general rules applicable for the Lewis Ice Arena without having obtained the written consent of the City Manager for the City. Such consent mayor may not be given at the City Manager's sole discretion. Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc, Page 5 h. Lessee shall not introduce any concessionaire activities into the Demised Premises that may compete with the existing concessionaire at the ARC without the prior written approval of the Lessor. 7. Taxes. Other Govermnental Charges and Utilitv Charges. a. The parties contemplate that the Demised Premises will be used strictly for charitable purposes and, therefore, that the Demised Premises will be exempt from all taxes presently assessed and levied with respect to real property. In the event that the use, possession, construction or equipping of the Demised Premises is found to be subject to taxation in any form, the Lessee shall pay same as they respectively come due; provided that, with respect to any govermnental charges that may lawfully be paid in installments over a period of years, Lessee shall be obligated to pay only such installments as have accrued during any individual term of the Lease. b. Lessee may at its 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 City shall notify the Lessee that, in the opinion of the City Attorney, by nonpayment of any such items the title will be materially endangered or the Demised Premises or any portion thereof will be subject to loss or forfeiture, or the City 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. 8. Alterations. a. Lessee may at its own expense make reasonable and necessary alterations or improvements to the Demised Premises. All alterations, additions and improvements shall be performed in a workmanlike manner, in accordance with all applicable building and safety codes, and shall not weaken or impair the structural strength or lessen the value of the premises. Lessee shall give Lessor written notice no less than thirty (30) days in advance of the commencement of any construction, alteration, addition, improvement, orrepair estimated to cost in excess of One Thousand Dollars ($1,000.00). b. Lessee agrees that prior to any construction or installation of alterations, additions or improvements, Lessee shall post in a conspicuous place within the Demised Premises a notice of non-liability for mechanic's lien as specified at Section 38-22-105, C.R.S. on behalf of the Lessor and shall notify Lessor of such posting and the exact location of the same. Perfection of a mechanic's lien against the Demised Premises as a result of Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc. Page 6 Lessee's acts or omissions may be treated by Lessor as a material breach ofthis Lease. 9. Liens. a. Lessee shall keep all of the Demised Premises and every part thereof and all buildings and other improvements at any time located thereon free and clear of any and all mechanics', materialmen's and other liens for or arising out of or in connection with work or labor done, services performed, or materials or appliances used or furnished for or in connection with any operations of Lessee, any alteration, improvement, or repair or addition which Lessee may make or permit or cause to be made, or any work or construction, by, for, or permitted by Lessee on or about the premises, or any obligations of any kind incurred by Lessee, and at all times promptly and fully to pay and discharge any and all claims on which any such lien mayor could be based, and to indemnify Lessor and all of the premises and all buildings and improvements thereon against all such liens and claims ofliens and suits or other proceedings pertaining thereto. b. If Lessee desires to contest any such lien, it shall notify Lessor of its intention to do so within ninety (90) days after the filing of such lien. In such case, and provided that Lessee shall on demand protect Lessor by a good and sufficient surety bond, or such other security that is deemed adequate by the City, against any such lien and any cost, liability, or damage arising out of such contest, Lessee shall not be in default hereunder until thirty (30) days after the final determination of the validity thereof, within which time Lessee shall satisfy and discharge such lien to the extent held valid; but the satisfaction and discharge of any such lien shall not, in any case, be delayed until execution is had on any judgment rendered thereon, and such delay shall be a default of Lessee hereunder. In the event of any such contest, Lessee shall protect and indemnify Lessor against all loss, expense, and damage resulting there from. 10. Maintenance. Lessee shall, throughout the term of this Lease, at its own cost, and without any expense to Lessor, keep and maintain the Demised Premises, including all buildings and improvements of every kind which may be a part thereof, and all appurtenances thereto, in good sanitary, and neat 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 Demised Premises or improvements thereon. 11. Access to Premises. Upon at least twenty four (24) hours prior notice, except in cases of emergency, Lessee shall permit Lessor or its agents and employees to enter the Demised Premises at all reasonable hours to inspect the Demised Premises or make repairs that Lessee may neglect or refuse to make in accordance with the provisions of this Lease Agreement. Before entering the Demised Premises to make repairs, Lessor shall give Lessee notice and a reasonable period of time to make necessary repairs. Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc. Page 7 12. Indemnification of Lessor. Lessor shall not be liable for any loss, injury, death, or damage to persons or property which at any time may be suffered or sustained by Lessee or by any person whosoever may at any time be using or occupying or visiting the Demised Premises or be in, on, or about the same, whether such loss, injury, death, or damage shall be caused by or in any way result from or arise out of any act, omission, or negligence of Lessee or of any occupant, visitor, or user of any portion of the Demised Premises, or shall result from or be caused by any other matter or thing whether of the same kind as or of a different kind than the matters or thing above set forth, and Lessee shall indemnify Lessor against all claims, liability, loss, or damage whatsoever on account of any such loss, injury, death, or damage. Lessee hereby waives all claims against Lessor for damages to the Demised Premises and improvements that are now or hereafter placed or built on the Demised Premises and to the property of Lessee in, on, or about the Demised Premises, and for injuries to persons or property in or about the Demised Premises, from any cause arising at any time. The last two preceding sentences shall not apply to loss, injury, death, or damage arising by reason of the negligence or misconduct of Lessor, its agents, or employees, subject to those terms, conditions and limitations as contained in the Colorado Innnunity Act, Section 24-10-101, et seq. 13. Provisions Regarding Insurance. a. At its own expense Lessee shall carry and maintain casualty and property damage insurance sufficient to protect the full replacement value of the Demised Premises; and b. At its own expense Lessee shall carry and maintain comprehensive general public liability insurance against all direct or contingent loss or liability for property damage, personal injury or death occasioned by reasons of the operation, control or construction upon the Demised Premises, of not less than those specified by Section 24-10-114, C.R.S., as may be amended from time to time, naming the City as additional or co-insureds. Lessee shall maintain said coverage in full force and effect during the term of this Lease. c. Lessee shall furnish the Lessor with a copy of all required insurance policies or certificates evidencing such required coverage. All insurance policies maintained pursuant to this Lease Agreement shall contain the following endorsement: d. It is hereby understood and agreed that this insurance policy may not be canceled by the surety until thirty (30) days after receipt by the City of Aspen, by registered mail, of a written notice of such intention to cancel or not to renew. e. In the event full insurance coverage required by this Lease is not maintained as provided for herein, Lessor may, but shall be under no obligation to, purchase the required policies of insurance and pay the premiums necessary and provide for payment thereof and all amounts so Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc. Page 8 advanced therefore by Lessor, if any, shall be added to rent due from Lessee. 14. Damage or Destruction. If prior to the termination of this Lease the Demised Premises or any portion thereof are destroyed, in whole or in part, or are damaged by fire or other casualty, the parties shall cause the Net Proceeds of any insurance claim to be applied to the prompt repair, restoration, modification, replacement or improvement of the Demised Premises. Any balance of the Net Proceeds remaining after such work has been completed shall be paid to the Lessee. If Net Proceeds are insufficient to pay in full the cost of any repair, restoration, modification or improvements, referred to hereinabove, Lessee shall complete the work and pay any cost in excess of the amount of the Net Proceeds, in which case Lessee shall not be entitled to any reimbursement therefore from Lessor. Notwithstanding the foregoing, the parties may agree to other application of such Net Proceeds. 15. Condemnation. If during the term of this Lease, or any renewal of it, the whole or part of the Demised Premises or such portion as will make the Demised 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, Lessee 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 Demised Premises, such amount belonging entirely to the Lessor. 16. Lessee's Option to Terminate. Lessee shall have the right, by written notice to the Lessor given at least 90 days prior to its intention to do so, to terminate and surrender its leasehold interests hereunder to Lessor, and on such effective date Lessee shall be relieved from all further liability hereunder, subject to the Remedies On Default provisions ofthis Lease which shall apply as if a Default had occurred. 17. Abandonment of Premises. Lessee shall not vacate or abandon the Demised Premises at any time during the term hereof; if Lessee shall abandon or surrender the Demised Premises, or be dispossessed by process of law, or otherwise, any personal property belonging to Lessee and left on the Demised Premises shall be deemed to be abandoned, at the option of Lessor, except such property as may be encumbered to Lessor. 18. Events of Default Defined. The following shall be "Events of Default" under this Lease and the terms "Event of Default" and "Default" shall mean, whenever they are used in this Lease, anyone or more of the following events: a. Failure by the Lessee to pay any rent or other payment required to be paid herein at the time specified; or, b. Failure to use the Demised Premises for a period of one-hundred-eighty (180) consecutive days for the purpose or purposes set forth in the Use of Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc. Page 9 Demised Premises provisions of this Lease; provided, however, that time spent for the purpose of maintenance, remodeling, or repairs to the Demised Premises and/or for events beyond the control of the Lessee shall not be counted; or, c. Failure by AJH to observe and perform any covenant, condition or agreement on its part to be observed or performed, unless the Lessor agree in writing to an extension of time or waiver prior to its expiration; or, d. Lessee's interest in this Lease or any part hereof is assigned or transferred without the written consent of the Lessor, except as provided herein, either voluntarily or by operation of law or otherwise; or, e. A proceeding under the United States Bankruptcy Code or any federal or state bankruptcy, insolvency, or similar law or any law providing for the appointment of a receiver, liquidator, trustee or similar official for the Lessee or of all or substantially all of its assets, is instituted without its consent and is not permanently stayed or dismissed within sixty (60) days, or if the Lessee offers to the Lessee's creditors to effect an extension of time to pay the Lessee's debts or asks, seeks or prays for a reorganization or to effect a plan of reorganization, or for readjustment of the Lessee's debts, or if the Lessee shall make a general or any assignment for the benefit of the Lessee's creditors; or, f. Lessee abandons or vacates any part of the Demised Premises. 19. Remedies on Default. Whenever any Event of Default shall have happened and be continuing the City shall have the right at its sole option and discretion, to notify Lessee of the Event of Default and require Lessee to cure the Event of Default within a reasonable period oftime or suffer termination of the Lease and the Remedies of Default as provided herein. If Lessee fails to cure, or it is impossible to cure, the City may declare the Lease terminated. Upon termination of this Lease, Lessee shall promptly pay to Lessor all rent or other monies due it pursuant to the terms of this Lease. 21. No Remedv Exclusive. No remedy herein conferred upon or reserved to Lessor is intended to be exclusive and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Lease or now or hereafter 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. 22. Non-Discrimination. The parties hereto agree to comply with all laws, ordinances, rules and regulations that may pertain or apply to the Demised Premises and its use. In performing under this Lease, Lessee 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 Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc. Page 10 or sexual orientation, family responsibility or political affiliation, nor otherwise commit an unfair employment practice. 23. Attornevs' Fees. If any action at law or in equity shall be brought to recover any rent under this Lease, or for or on account of any breach of, or to enforce or interpret any of the covenants, terms, or conditions of this Lease, or for the recovery of the possession of the Demised Premises, the prevailing party shall be entitled to recover from the other party as part of the prevailing party's costs reasonable attorneys' fee, the amount of which shall be fixed by the court and shall be made a part of any judgment or decree rendered. 24. Notices. All notices, certificates or other communications hereunder shall be sufficiently given and shall be deemed given when delivered or mailed by registered mail, postage prepaid, addressed as follows: If to Aspen Junior Hockey: Attn: President PO Box 3390 Aspen, Colorado 81611 Attention: Executive Director With a copy to: Holland & Hart, LLP 600 East Main Street Aspen, Colorado 81611 If to City: City of Aspen, Colorado 130 South Galena Street Aspen, Colorado 81611 Attention: City Manager With a copy to: City of Aspen, Colorado 130 S. Galena Street Aspen, Colorado 81611 Attention: City Attorney 25. Binding Effect. This Lease shall inure to the benefit of and shall be binding upon the Lessor and the Lessee and their respective successors and assigns. 26. Severability. In the event any provision of this Lease shall be held invalid or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof. Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc. Page 11 27. Amendments. The terms of this Lease shall not be waived, altered, modified, supplemented or amended in any manner whatsoever except by written instrument signed by the City and the AJH. 28. Execution in Countemarts. This Lease shall be executed in three counterparts, each of which shall constitute but one and the same instrument. 29. Applicable Law. This Lease shall be governed by and construed in accordance with the laws of the State of Colorado. 30. Captions. The captions or headings in this Lease 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. 31. Waiver. The waiver by Lessor of, or failure of Lessor 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 or the acknowledgement by Lessor of Lessee's exercise of an option to renew the term of the Lease as provided herein shall not be deemed to be a waiver of any preceding breach by Lessee of any term, covenant, or condition of this Lease, regardless of Lessor's knowledge of such preceding breach. 32. Entire Agreement. This Lease constitutes the entire agreement between the City and the AJH. No waiver, consent, modification or change of terms of this Lease shall bind either party unless in writing signed by both 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 Lease or the Demised Premises leased hereunder. 33. Further Assurances. The parties agree to execute and deliver such additional documents and agreements as necessary to carry out the intent of this Lease. 33. No Third Party Beneficiaries. This Lease 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 Lease to maintain a suit to enforce or take advantage of its terms. The duties, obligations and responsibilities of the parties to this Lease with respect to third parties shall remain as imposed by law. IN WITNESS WHEREOF, the City has executed this Lease in its name with its seal hereunder affixed and attested by its duly authorized officers, and Aspen Junior Hockey has caused this Lease Agreement to be executed in its name and attested by its duly authorized officer. All of the above occurred as of the date first written above. CITY OF ASPEN, COLORADO Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc. Page 12 ATTEST: Kathryn S. Koch, City Clerk WITNESS: By: By: Title: Helen Kalin Klanderud, Mayor ASPEN JUNIOR HOC SKATING FO AT Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc. Page 12 ArrEST: /i;F*~ Kathryn s. K, City Clerk WITNESS: By: By: Title: ASPEN JUNIOR H SKATING FO A Lease Agreement Aspen Junior Hockey and Skating Foundation, Inc. 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