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HomeMy WebLinkAboutLand Use Case.Trueman Neighborhood Commercial Project.SU-1979-2 t ~ ~ ~ Lf+ "2f CIT PEN 130 s MEMORANDUM DATE: January 4, 1979 TO: Members of City Council FROM: Ron Stock HE: Amendment to Subdivision Agreement of the Trueman Neighborhood Commercial Project The Trueman Neighborhood Commercial Project has encountered problems which were not anticipated or addressed in the Sub- division Agreement. To solve these problems, I have negotiated with the developer to amend the Subdivision Agreement. I request and recommend your approval of this agreement. Dave Ellis does not agree with my position. I have included in the packet for your consideration a copy of his memorandum which expresses his opinion. Basdc~lly, he agrees that problems exist which are unaddressed and unresolved in the Subdivision Agreement. However, he believes these problems were caused by the developer or that the developer has failed to address the problems when found. To a limited extent, Dave is correct that the developer's action has created part of the problem but I have found that the developer was willing to negotiate in good faith. Further- more, there seems to be no alternative in that if I follow Dave's argument to its logical conclusion, I must fail to negotiate thus leaving the Subdivision Agreement which we all know to be defective. Such action would not seem to be in the best interest of the community. For this reason, I request your approval. Drainage Improvements - Lot 2 The developer has sold lot 2 to the United States Post Office and the Post Office has agreed to construct the drainage improve- ments as indicated on plans previously approved by the City. ,-. ,-,. Memo to City Council January 4, 1979 Page 2 The Subdivision Agreement requires Trueman to complete this construction prior to the issuance of a Certificate of Occupancy to the bUilding being constructed on Lot 1. The developer has requested and the amendment reflects the agreement on the part of the Post Office to construct these improvements. However, part of the drainage on Lot 1 is to be deposited in a drainage pond located on Lot 2. Since we may be unable to coordinate the construction of the drainage system I have included the provision which will require the developer to con- struct this drainage pond in the event that the Post Office would refuse. On the preliminary plan submitted by the Post Office, they have indicated to us their intention to construct these drainage improvements as required. Drainage Improvements - Lot 3 Everyone, including our engineering department, was under the mistaken belief that the road constructed on Lot 3 was located on the westerly lot line. Based on this assumption, they requested and obtained an easement parallel to the westerly lot line on which easement the City was allowed utility and access use. The developer agreed to construct a grass line swale within this easement. After a survey of the property, it was determined that the lot line was further west than believed. As such, it was impossible to construct a grass line swale for drainage and to allow vehicular access within the easement as granted. Utilities had been constructed within the easement. Therefore, considering the shape of the lot it became unreasonable to move the easement. The agreement amends the Subdivision Agreement in that the City is granted an irrevocable license of access through all of Lot 3 until there is construction of future improvements on the property together with a grant of a specific access easement through Lot 3. This allows the developer to construct the proposed drainage improvement with new specifications and plans to be drafted by him and approved by the City. Puppy Smith Street - Above-Ground Lighting At the time of Council approval of the project, the Council conditioned its approval upon the developer agreeing to bear one-half of the cost of the above-ground lighting improvements on Puppy Smith Street. However, this condition was not included in the Subdivision Agreement. The agreement amends the Subdivision Agreement by making this a requirement upon the developer. ~ .,-, Memo to City Council January 4, 1979 Page 3 Utility Improvements The Subdivision Agreement requires the developer to remove two power poles owned by Holy Cross Electric Association from the property. Holy Cross has demanded of the developer the payment by him of the cost of replacing this service to its customers. The developer would probably agree to this require- ment except that Holy Cross wants the developer to pay for the entire cost of underground service rather than above ground service. It is the City's position that the poles must be removed and that the cost of removing them is a matter of negotiation between Holy Cross and the developer. The City will not take a position in these discussions. The developer has requested and the agreement provides for a one year period in which to resolve this conflict. Jiowever, to protect the City since Certificates of Occupancy will have been issued, I have required that he place a performance bond in the amount demanded by Holy Cross to insure the full and faithful performance of this obligation. Puppy Smith Street Puppy Smith Street is to be paved at the expense of the developer. However, both the developer's engineer and our engineering depart- ment failed to require the placement of a culvert at the inter- section of Puppy Smith Street and Mill Street to handle the drainage resulting each spring. The developer was required in the Subdivision Agreement to construct Puppy Smith Street according to plans and specifications approved by the engineering department. These plans and specifications have been approved but they do not include the culvert. The agreement amends the Subdivision Agreement by requiring both the City and Trueman to pay for one-half of the cost of the culvert with the developer providing the cash to pay for the acquisition of the culvert and the City providing services in kind to install the culvert. Since there is some likelihood that the City will present to the voters a plan to improve Mill Street at the next general election, this agreement recognizes this possibility. In the event that the City does submit such a plan to the voters and it is approved, there will be no need for the installation of a culvert and the developer will be relieved of this responsi- bili ty. . . I"^ ~\ Memo to City Council January 4, 1979 Page 4 Because paving of Puppy Smith Street will be delayed until after the May election to avoid the expense of paving the entire street and then removing this paving to install a culvert, I have required the escrow of cash in an amount equal to Elam's bid for paving. This escrow will protect the City when it issues Certificates of Occupancy prior to the completion of this paving project. Pump House An agent of the developer agreed with the engineering depart- ment that it would replace the pump station if we would remove it for their convenience in establishing a new grade. The City acted in reliance upon this agreement and removed the existing pump house. The City has no legal right to have a pump house on Trueman's property. We leased this location from the railroad for $50 in 1962. Since that time we have not had a legal right to occupy the property. In 1968 the railroad prosecuted a quiet title action which listed the City as a defendant and an order was issued by the District Court stating that we had no right, title or interest to the property. Therefore, Trueman has a legal right for compensation for the taking of the pump station site. His legal right to compensation was recognized in the Subdivision Agreement but not resolved. The agreement requires the developer to deed to the City this site at no cost including an access easement for operation and maintenance as well as easements necessary for the operation of any water delivery system from the pump house. Further, the developer agrees that he will regrade the area around the pump house as necessary to accommodate construction. In return the City agrees to construct the pump house at its own expense. In all other respects, the Subdivision Agreement remains in full force and effect. I believe that the City is adequately protected in that each Certificate of Occupancy can be conditioned upon full completion of the requirements of the Subdivision Agreement as amended. No Certificate of Occupancy need be issued on Lot 2 or Lot 3 unless full compliance is met. The building office may issue Certificates of Occupancy regarding the improvements on Lot 1 until it reaches a point, perhaps somewhere near one-half occupanc~ when the structure must be completed before another Certificate of Occupancy is issued. Finally, on the two items which allow for completion in the future, the City is protected by a performance bond and a cash escrow. RWS:mc / V .' .<:: '. L ~, 02tdi, 1 ICf/f'l 4--:+- "21VL;.. - '" ."".-.. ":-;~ c1 ~ (" ~. i "', -.-.-'" AGREEMENT TRIS AGREEMENT, made and entered into this /9 day of {J e.c t5"",iSRA . , 1978, by. and between' JAMES R. TRUEMAN of Columbus, Ohio, hereinafter referred to as "Trueman", and THE CITy,oF ASPEN, Colorado, a Municipal corporation, hereinafter referred to as "City". WIT N E SSE T H : WHEREAS, Trueman and. the City entered into a Subdivision. Agreement for the Trueman Neighborhood Commercial Project hereinafter referred to as "TNCP" dated the 8th day of April, . 1977, which Agreement affected a tract of .land situated in the Southwest one-quarter of Section 7, Township 10 South, Range 84We~t of the 6th Principal Meridian, City of Aspen, pitkin County, Colorado, which property is known as Lots I, 2, 3 and 4 and Out Parcels A and B, TNCP; and, ~REAS, Trueman has constructed improvements of Lot I, TNCP; and WHEREAS, Trueman is desirous of obtaining the Certificate of Occupancy for those improvements constructed on Lot 1; and, WHEREAS, there were certain obligations in ~he afore- mentioned Subdivision Agreement which had to be completed before Trueman would be entitled to receive the Certificate of Occupancy from the City of Aspen for the aforementioned improvements; and WHEREAS, it has become necessary to modify the aforementioned Subdivision Agreement in order to meet certain contingencies not contemplated by the parties at the time of the execution of that Agreement; and WHEREAS, Trueman and the City are willing to enter into such. agreement for their mutual benefit, NOW, THEREFORE, in consideration of the premises, the mutual covenants herein contained, and the issuance of the ( t""'\ ( r'\ \ I .,.) .' j '. Certificate of Occupancy for the improvements constructed on Lot 1, TNCP, the parties hereby agree :asfo1lows: 1. DRAINAGE IMPROVEMENTS :... LOT 2. The parties hereto recognize that it is their intention that all drainage improve- I I ',. ., ments required under the Subdivision ~greement on Lot 2, TNCP, snaIl be constr~d by the United State~ Post Office, the purchaser from Trueman of this Teal property. If the United States Post Office refuses to construct. the drainag~ pond as .' ~hown'. on the drainage plan heretofore approved by the Ci ty " Trueman agrees that he will construct said drainage pond within ninety (90) days of the receipt of the written request of the , ., I I .' ~. . City to. proceed. .. .. ' 2.. DRAINAGE IMPROVEMENTS - LOT 3. Trueman agrees to construct all drainage improvements required under the Subdivision '. .'~: , , , I ~i ; ~ I i , \ ,:...,..> Agreement on Lot 3., TNCP. It is agreed that the aforementioned agreement requires the construction of a simple grass-lined swa1e in accordance with specifications and plans which are to be drafted by Trueman and approved by the City to allow construction within the easement designated on the Final Plat of the TNCP which plat is of record in the office of the Clerk and Recorder in and for the County of Pitkin. ~he parties hereto further recognize that it is their intention that the City shall be granted a right of access through Lot 3, TNCP. Toward this end Trueman shall grant to the City an irrevocable license of access through all of Lot 3, TNCP, which license shall become null and void upon the construction of future improvements on the property together with the grant to City of a specific access easement through Lot 3, TNCP. 3. PUPpy SMITH STREET - ABOVE GROUND LIGHTING. Trueman agrees to bear fifty percent (50%) of the cost of the above ground lighting improvements. It is estimated that Trueman's cost for these above ground lighting improvements will be approximatelY One Thousand Three Hundred Fifty Dollars ($1,350.00) '1 -2- .~./ .""., .." , . ,. ,-., ( .~ , ". " 4. UTILITY IMPROVEMENTS. The City hereby agrees to give Trueman one (1) year from the date hereof in which. to resolve his difficulties with ~oly Cross Electric Association concerning the removal of two power poles, as shown on Page 3 of the Final Plat for the TNCP. . Trueman herehy agrees to post a surety hond in the amount of Eight Thousand Five Hundrea Dollars ($8,500.00) to insure his faithful performance of 'his obligation to remove said poles including the relocation ,. of electric transmission lines... either above ground or'below ground.; if. necessary for the removal of said poles. 5. PUPPYSMI~~TREET. The parties hereby recognize it is impossible to pave Puppy Smith Street during the fall of 1978, and therefore agree that Trueman shall pave Puppy Smith Street according to plans heretofore approved by the City after the municipal election to be' held in May of 1979, but on o~before. ~uly I, 1979. The parties also agree that Trueman shall continue .." <i.;~.. ~:'. :t? ~escrow in cash, an amount equal to Eight Thousand Dollars >';>'<'~$;,:.g:cio.oo), for the full performance of his obligation to pave . '~.~:. . " .:. . "":~'.- ( . . .....:;':~~.:;'PUppy .sini"i:h;;:~treet. ...:......:.;~:--.:-.~;:,j<.....:~. .....~:.. '.'~ ,-;tOot- r:::~;.~;~~;~::r~ri,.~;~~~;;tyt?-%t is agreed that if the City abandons its plans ~,.,:,::;.-;~?~~-,,.~urt!:;r .i;~~~ove Mill Street either by not submitting a bond 1t~; ~ .$"01'.;.:' ,..'. ...~." ~.. ~t~::...)<::~u.~.~tioQ to the.public at the general election to be held in ~~~~ ~..~:~...?i'J;;"'. ,.?;...~,,. .,_;~~ ::';:' ,.:c...~j :;...._'.~..Jiay of 19~9...\?r if said bond issue should. fail, Trueman will ,.,: 1 ~~:::',,:.,:.:.~ ":., -: '. /!:'~;.;,'~"' -:~, ~. ~-:.':tt.~.~: rei'mburse :'the 'Ci ty an amount equal to Seven Hundred Fifty ..~.;.:.,::"':.'.;..~~:.~,:. ..:-~ .:; :...~~.:~..r.. , ~:.~:-: :.Dd_l:~~rs ($750.00) as his share of the cost of a culvert to ". ':':~~.:"; ...; . be :instilled '.~ ':.' .:~:';.. ....~ '. .....,:.... . . . Hili Street. at the intersection of Puppy Smith Street and' This payment shall be due and payable within . -.. ....:..... <. ...-'. . ~. <.;' . -- . .. - ..;'thlrty (30) days' of the installation of the said culvert'. ..~. ; .0. . PUMPHOUSE. Trueman hereby agrees to either grant an easement or deed to the City, at the option of the City, all land necessary for the City's ownership of the pumphouse site, together with an access easement for operation and maintenance thereof, as well as any easements necessary thro~gh his property -3- . . .. r-, / ~ 4" ,-,. ( ."'" .' ",.'. '. for the operation of any water delivery system from the aYorementioned pumphouse. Trueman further agrees that he will cause his property around the pump house to be slightly . r:!Kraded, .if necessary, to accollUl1odate the city ~s construction of improvements on the pump house site, which improvements shall be constructed solely by the City without any right .of contribution from Trueman. 7. All of the requirements of. the Subdivision Ag~eement above-described which are not specifically modified herein shall remain in full force and effect, including, but not limited to, those matters required as a condition precedent to the issuance of a Certificate of Occupancy on Lot 1, TNCP. 8. BINDING EFFECT. This Agreement shall be binding upon the. parties bereto,their respective successors and assigns. IN WITNESS WHEREOF, the parties hereto have set their hands and seals this-~ day of ()eeF"'l3e~ 1978. CQ~ntyo~ pitkin ) ) ) ~. t2 - (i~ Trueman STATE OF COLORADO ss. , ',-TlJe foregoing instrument was acknowledged before me this /Jy-{A.'day ;':'f December, 1978, by James R. Trueman. WITNESS MY HAND AND OFFICIAL SEAL. _, ldy cOllUl1ission expires: 2/i1-/~1 ~,d,~- ~ST: - '.,. - -- '.- - :: .~~~~ -Kathryn. Koch City Clerk CITY OF ASPEN -4- . ~ " ~. ~. M E M 0 RAN DUM TO: RON STOCK CITY ATTORNEY FROM: DAVE ELLIS CITY ENGINEER ~~ DATE: December 18, 1978 RE: Amendment Agreement to Trueman Subdivision Improvement Agreement The purpose of this memo is strictly to reiterate the verbal com- ments I had regarding the Amendment to the Trueman Subdivision Agreement. In the last 20 months since the approval of the sub- division and the execution of the original subdivision agreement, the engineering department has attempted to work as closely as possible with the Trueman construction personnel. We advised them in June 1977 and again in the spring of 1978 of the need for modi- fications in the drainage system. We have also dealt with them repeatedly on the .matters of the street improvements. Not until the final hou~ when a certificate of occupancy for the market was desired and the weather was too severe to reasonably complete the remaining subdivision improvements, did Trueman approach the City in an attempt to resolve the matter. With regard to the pump station, it is clear that Trueman does have some legal recourse for compensation for the taking of the pump sta- tion site, and hence, some negotiating leverage. However, it is also perfectly clear to me beyond the slightest doubt that the verbal understanding reached between myself and James Lakin, Trueman's job superintendent for eighteen months, was extremely clear as to each party's responsibility in reconstructing the demolished pump station. Likewise, I feel the original subdivision improvements agreement is quite clear as to responsibilities and the conditions under which a certificate of occupancy will be issued. It is for these reasons that I strenuously object to entering into any amendment which would allow occupancy of the remainder of the project prior to the completion of the subdivision improvements as envisioned in the original agreement. I have not seen any indications from Trueman in the last twenty months which leads me to believe that he will honor the amendment any more readily than he has honored the previous commitments. Quite clearly the only effective leverage which the engineering and building departments have for enforcing the agree- ment is the withholding of the certificate of occupancy. It is now .. ,-., '-'. Page Two Re: Amendment Agreement to Trueman Subdivison Improvement Agreement December 18, 1978 approaching three years since the approval date on a similar sub- division, the Aspen Club project, and we are still trying to obtain compliance on a few remaining items which were not complete at the time a certificate of occupancy was issued. The engineering depart- ment nor the City has the time to spend in this fashion on another protracted subdivision project. One final note I would like to add is that Clayton has already been approached for certificates of occupancy on additional buildings in the complex, and I have had absolutely no indication that the items not covered in the amendment are even being worked on. These include, among other things, as-builts of all the utilities and granting of as~built easements for all utilities. cc: Mick Mahoney Clayton Meyring jk A """ M E M 0 RAN DUM TO: Aspen City Council FROM: Planning Department (HC) RE: Trueman Subdivision SPA Amendment for Additional Housing - Public Hearing DATE: April 6, 1977 This is a Public Hearing to consider the request by James Trueman to amend the SPA final plat andplan for the Trueman Subdivision by the addition of 1,208 sq. ft. of employee housing units. The approved SPA plan allows 10,000 sq. ft. of employee housing units to be located on the upper floor level of the project and requires con- struction be initiated within 18 months after the completion of the first (commercial) phase of project construction. The additional housing space would not change the height or footprint of the com- mercial building, but only "FILL OUT" the second space above the first floor area. The joint recommendation of the Planning Office and Planning and Zoning Commission on the S.P.A. amendment is for approval subject to the following conditions: 1) All of the accessory housing units (18 units) be restricted to a minimum six month lease. 2) The employee units be restricted from future condominiumization so as to insure their use as accessory units. 3) Periodic reports to the Housing Authority be made on the occupancy characteristics of the employee units. Detailed drawings showing the proposed changes will be available at the City Council meeting for your inspection. lmk I /1 i ~. MEMORANDUM TO: Aspen City Council FROM: Planning Department (HC) RE: Trueman.. Subdivision SPA Amendment for Additional Housing DATE: March 9, 1977 This is a request by James Trueman to amend the SPA final plat and plan for the Trueman Subdivision by the addition of 1,208 sq. ft. of employee housing units. The approved SPA plan allows 10,000 sq. .ft. of employee housing units to be located on the upper floor level of the project and requires construction be initiated within 18 months after the completion of the first (commercial) phase of project construction. The. additional housing space would not change the height or footprint of the' commercial. building, but only "FILL OUT" the second space above the first floor area. The Planning and Zoning Commission on February 22, 1977 at a Public Hearing on the S.P.A. amendment recommended approval subject to the following conditi ons: , 1) All of the accessory housing units (18 units) be restricted to a minimum six month lease. 2) The employee units be restricted from future condominiumization so as to insure their use as accessory units. 3) Periodic reports to the Housing Authority be made on the occupancy characteristics of the employee units. The Planning Office recommends setting a Public Hearing for April 11, 1977 to consider the S.P.A. amendment allowing the additional 1,208 sq. ft. for accessory housing units subject to the concerns expressed by the Planning and Zoning Commission. Detailed drawings showing the proposed changes will be available at the City Council meeting for your inspection. /'-- / ,<'; .1 / ~/ ~. /"'" Copland Hagman Yaw Ltd P. O. Box 2736 Aspen, Colorado 81611 16 February 1977 Aspen Planning & Zoning Commission City of Aspen 130 S. Galena Aspen, Colorado 81611 Re: Trueman Commercial Complex Dear Commission Members: We wish to correct our letter of 24 January 1977 which requests an amendment to the SPA Zoning for the above project with regard to the addition of two (2) one -bedroom rental units. The tabulation should be corrected to read as follows: TABULATION Existing Unit Design (15) one Bedroom Units @ 604 s. f. = Existing Managers Unit @ 9060 s. f. 940 s. f. Subtotal New Unit Design - Add (2) one Bedroom Units @ 604 s. f. 18 Units 10, 000 s. f. 1,208 s. f. 11,208 s. f. Total We therefore amend our request to the addition, over and above the 10,000 s. f. net allowed by zoning, of (2) one bedroom units collectively amounting to a 1208 s. f. addition. We wish to re -emphasize that the building height and massing is not affected by this change nor is the approved building footprint. Respectfully submitted Co land Hagman Yaw Ltd Joh L. y~ts JLY:sb cC: JR Trueman -,...." ,....;,. - - ~ ~P,g.... l!'ebruarr 7, .1977 Pat ll.. Dalrymple Aspen Sav1l1gs & Loan Assn. Box 2121 Aspen, Colorado 816H Dear Pat: The Trueman Development F1nal Subdivision Plat shows a triangle of land to be sold to Aspen Savings & Loan. The representation of this lot on the Final Plat conStitutes full approval by the City of Aspen of this lot fw aale PlU'Poses. Larry Yaw 1s pre- paring the final plat fw recording. Sbolldyou need a copy I>f this final plat at this t1llle, please contai:t Larry. S1ncerely, k~ IiacIIlld Clark, Jr. Land Use Administrator RC/bk / .,p ""~" "' 1""\ ,-, INGS& JLOAN ASSNIIII R. O. BOX 2121 · Aspen, Colorado 81611 . (303) 925-1474-5 February 2, 1977 HaJ. Clark. . City: PJ.annirig Department City of Aspen Asperi, Colorado 81611 near HaJ.~ I certainlYcq:>preciate your prarpt J:lE;lPly to my JrellO regarding the plot being CQnVeYedj:o us Oy ~.. Alilie tells us we should have a letter . iran ydu, or scne,other approm:-iate city department, saying that the triangle is in fact a separate piece of larid and that subdivisicn exerrp- ticntherefore isn't necessary. 'lhis, I understanch will make certain we have. noprabJ.ans or clouds on the title in the future. '~;'._..~-cc-..-. - My thanks for your help. Best wishes, atrick R. Dalryl!ple Executive Vice President PRD!eav DEPOSITS INSURED BY THE FEDERAL SAVINGS & LOAN INSURANCE CORPORATION v ~ M"....,." &-~~ cr--. fJ..3, /q 7 7 PUBLIC NOTICE Notice is hereby given that a Public Hearing will be held before the Aspen Planning and Zoning Commission on February 15, 1977 at 5:15 P.M. in Council Chambers, City Hall to consider the request by developers of the Trueman Subdivision to amend the Final SPA plan, subdivision plat and P.U.D. plan by the addition of approximately 2,000 square feet of building area for employee housing. A copy of the proposed amendment may be examined in the office of the City/County Planner during normal working hours. Published in the Aspen Times January 27, 1977. Kathy Hauter City Clerk ,""-'" ~ PROPERTY OWNERSHIP SURROUNDING TRUEMAN NEIGHBORHOOD COMMERCIAL SITE William C. Light 219 North Monarch Aspen, CO F. Berko Box 360 Aspen, CO P. duPont Cornelius Box 758 Aspen, CO w. G. Brumder Box 462 Aspen, CO D. G. Sampson 334 East Bleeker Aspen, CO Nels R. Elder 202 North Monarch Aspen, CO Philip Hodgson 212 North Monarch Aspen, CO ~;..." ~. Copland Hagman Y'~td Architects , ~ ,-.;. 24 January 1977 Aspen Planning & Zoning Commission City Hall Aspen, Colorado 81611 . Re: Trueman Commercial Project Dear Commission Members: We wish to seek an amendment to the Special Planned Area (SPA) zoning with regard to the employee housing on the above referenced project. The zoning presently in effect now permits 10,000 sq. ft. of employee housing units to be located on the upper floor level of the project and requires that construction be initiated within 18 months after the completion of the first (commercial) phase of project construction. We have recently completed detailed design studies for the housing portion ofthe project which indicated that at least two and perhaps three units could be added over and above the 10,000 s. f. without changing the massing,height or character of the building as it was approved. It is for these additional housing units that we request your approval of the proposed S. P. A. amendment. Prior to formalizing this request we spoke with Housing Director, Brian Goodheim, and the Planning Office regarding the additional housing units. Both stated they approved of the change in concept and encouraged us to make formal application to that effect. Be- cause employee rental housing is a salient community need and because this makes no substantive change to the character of the project, we urge your approval be forwarded to City Council for its consideration. . All housing units in the presently allowed 10,000 s. f. are designed as one-bedroom units of approximately 625 sq. ft. each. The pro-. posed change would add (2) one -bedroom units and enlarge one of the existing units to a two-bedroom unit to serve as a manager's apartment. "!.,,'" >. 1"'. Copland Hagman y, .Id Architects i-" Letter to Aspen Planning & Zoning Commission 24 January 1977 . Page 2 Tabulation: Existing Unit Design (16) one br. units @ 625 sf = New Unit Design - Add on bedroom/bath for mgrs. . unit Add (2) 1 bedroom units . Total 18 Units 10, 000 sf · 350 sf 1,650 sf 12, 000 sf Subject to financing the Owner will agree to construct the housing units in the initial phase of construction (spring 1977) for occupancy in late fall of 1977. JLY:sb Respectfully submitted C ],jnd Hagm~!d ."",;~ ":; /""J; 1"""\. .~ jfi.' 1ft- "25iA..- . I. ""It !"'lite-:", CITY. ..OF;:'ASPEN 130 south galen~ street aspen,colorado/' 81611 ... ""<;;';""...;",;;::(,,.;~~~ " Z.ffiMORANDUM TO: BILL KANE FROM: MICK MAHONEY ,\,'5..v'- DATE: OCTOBER 14, 1976 RE: PARK DEDICATlotl FEE FOR JIM TRUEMAN PROPERTY A meeting was held this morning in my office with Jim Trueman and Bob Grueter which Sandra Stuller attended to discuss the value of the Trueman land. Values of land on projects such as this are extremely hard to determine, and I think it can only be supported as reasonable people look at the results. We attempted to find the value by several different approaches -- looking at the history of sales, looking at comparative sales and taking projections of income and assigning capitalized value to them. We also looked at the project as a total land value and in terms of each lot. I finally concluded and was able to convince Trueman of the following method. We took the information from the "Document Neighborhood Commercial Project" which is his planning data map which I have incorporated with this memorandum, and decided that Lot One, which would be used for the shopping center, would be worth $7.50 per square foot approximately 119,000 square feet equals $892,000 in Lot One. i 'J j i I " ! I f ~ ! f ~ 119,000 @ $7.50 = $892,000 . 104,000 @ $6.00 = $624.000 Total $ 1.516 million Lot TwO which he is going to sell to the Post Office would be worth $6.00 per square foot. Both these prices, of course, are unimproved and relate to what we had hoped to get from the sale of our property had we sold it to the Post Office (when subtracting our developmen't costs);. I assigned no conunercial value to the Lots Three and Four, and I calculated then that after subtracting the land use he will dedicate to the City that there would be approximately 300,000 square feet of land left to Trueman. The value of the total land then is from the values of Lot One and Two, and this is equal to $.1..5 million. . .. ..;..~ I"" .~ Memorandum to Bill Kane re: Trueman Property Page 2 October 14, 1976 The land remaining to Trueman is 300,000 square feet, therefore, the total land calculates out at $5.00 per square foot. This fits with the history of the sale of this land, whereby Trueman paid $2.80 per square foot, sold it to the City of Aspen for approximately $3.00 per square foot, and now is worth $5.00 per square foot three or four years later. We have agreed to allow Trueman to pay the Park Dedication Fee, which is the purpose of this exercise, of approximately $90,000 at the time of occupancy plus interest of 7% per year. PSM/pm 1: Ii j 1 1 j His intention is to proceed with the project as quickly as possible. I optimistically feel we may have our supermarket by Easter. cc: City Council Members Sandra Stuller Lois Butterbaugh Bob. Grueter _~~tI--'-~ /' / iJ MEMORANDUI-i TO: STACY STANDLEY FRO~1 : MICK MZI.HONEY DATE: SEPTEMBER 28, 1976 RE: TRL~MAN SUBDIVISION I would like to request that you call a city Council meeting to take action on the~ue~an Subdivision either Wednesday or Thursday of next wee. ~x we can accommodate Trueman by this meeting, he stated that he has the financing and permits, etc., with a consractor who will start work immediately after the Council's approval. TO get the construction started would re- lieve some gro~ry shoppers minds. PSM/pm --------~- .--------- ----~ ------------ ----- - lJ-1 ~ September 17. 1976 Mr. James R.cTrUem;;:-] . J. R. Trueman and Associat.es 523 Sout.b 'fhi:td Street. Columbus. Ohio 4321S Dear . Jim: :aeferem.ee is made to your .1et.terof September 14t.b pertain- ing to the park ded!cation fee for your prQpert.y. Sandy. Bob Grueter andJ: met OD. Wednesday and the issues you brou<jbt up in your lett.er ...,re discussed, We believe that. you do have a point: and that t:M price Sahottland paid is really not a 900d.. basis fora value toa.y. 'therefore. we thl:>uCJht that. we sbouldestabU$b a ratio wh1ch would re- flect: densities and price ae.sedon t.he dens! t.y all/iMld scbo-ttland frOlll i:be densit.y you .are using. '!'his appeared to be II reasonable $01ut.10n to both GruetlUl and. Sandy. Therefore. we will eqttat:e 'the price schott.land pa1d you to his densities to t:herat.ioof your <leasit.y to "x." We don · t. anticipat.e any problems ltal we can get:. It q\lick appraislll.1. on residential property. I sense that Orueter, Sandy and. myself are pret.ty close t.o ag'reellt$n:t. Very truly yours , PhilipS. l.fahoney , ph.D. City Mana<Jer pak ee: Sandra M. Stu1l4u:' \ A ^ CITY r.J; '~1" 1'1 -..;~.<iY ASDE~N' .&.. Jto .li 4~ sO 130sou~. ~UlE na ("./ .. - .... aspen~ codo~'ado. s t re e t 81611 September 8, 1976 . Mr. James R~rueman~ President ~ J. R. Trueman and Associates 523 South Third Columbus, Ohio 43215 Dear Jim: If you recall the meeting held in my office with your attorney, Bob Grueter, I indicated that the City would accept any recent sale price as documentation of values of property as it pertains to the park dedication fee requirement. In your letter to me last week, you stated that your purchase price of the Rio Grande property should be used as the basis to establish the value on your property. I forwarded a copy of your letter to Sandra Stuller and asked for her comments. I have enclosed with this letter a copy of her reply. The most important element of her reply is that she believes your deal with Schottland constituted a sale and, there- fore, its price should be used as the basis for our park dedication fee. Based on her inquiry I believe that the City should have more information as it pertains to the value of your land. Sincerely, t I. r , 1 ! t , t 1'- , P t; r' '..'. l~ ,. ~.! I would be very happy to get together with you at your convenience. ~~....l.c... Philip S. Mahoaey City Manager PSM/pm Ene. cc: Sandra Stuller i) , , ~: 11': k;ii st: ~,/: ~ ~ i ! it" ~. &' 1 !~ " t""\ CITY 130 so aspen, 4--=/- su street 81611 MEMORANDUM TO: ~ill Kane, Clayton Meyring, Dave Ellis, Jim Markalunas and Stogie Maddalone FROM: Hick Mahoney~..-v- DATE: July 13, 1976 I think the~~~:ii~roperty will be getting under construction seon, and we d be making provisions to deliver water, elec- tricity, and anything else. Clayton, before you give a permit, I would like to have the electricity arrangements settled. PSJ1/pm .'-" .t"'\ MEMORANDUM TO: Aspen City Council FROM: Bill Kane, Planning Office RE: TruemanjConceputal Subdivision DATE: March 3, 1976 Once again a request will be made for conceputal subdivis~on approval for the Trueman Property. The majority of staff criticisms have been dealt with at this time to include: . 1. Provision of an adequate 60 foot right-of-way for the interior road. 2. Proper alignment has been shown for the interior road. 3. Any reference to the actual post office size has been dropped as per our request which was dependent upon an assumption that the post office would be lowering their space and parking requirements. 4. Eliminati on of unnecessary curb cuts on Mill Street. 5. Adequate provision has been shown for a separate con- veyance to the school district of the upper lands. 6. Any reference to sporting goods rental has been dropped. However, we again recommend that "development" of the Rio Grande tight-of-way e delayed pending a comittment to an ultimate Mill Street alignment. We feel thataone year moratorium on the use of that land would pro- vide adequate time to make such a determination. The proposal repeats the request for a 20,000 square foot food store. As you know we argued and continue to argue for a 15,000 square foot limitation for such facilities but ceased our argument when the Council took the position in favor of 20,000 square feet. With no interest in reopening old wounds we remain quietly in favor of a 15,000 square foot facility. We would be happy to restate our position should the Council express an interest. ~ I'"' .,....,." MEMORANDUM TO: Aspen City Council FROM: Pl ann i ng Offi ce, Bi 11 Kane RE: Trueman Property Conceptual Subdivision DATE: February 19, 1976 Three central issues remained unresolved as of our last discussion of the Trueman Property - Conceptual Subdivision: 1) Commercial building size; . 2) Total number of lots, and 3) Engineering considerations for curb cuts on Mill and internal street right-of-way. With the exception of some minor reservations concerning the use mix, we feel that the plan has been amended to deal with the planning staff and Council objections. In short, the plan now calls for 1) two (2) developable lots including the Post Office and 2) a 45,000 square foot building to include: a) food store 20,000 square feet, b) associated neighborhood commercial uses 5,000 square feet, c) health club and service related retail - basement 10,000 squa re feet, d) employee housing, 10,000 square feet. The 10,000 square feet of office space previously discussed has been changed to 3,500 square feet of health club and 6,500 square feet of service retail. We support the.concept of this change for two reaSOns: 1) The town is drastically overbuilt i.n office space with 170,000 square feet having been constructed last year. 2) The Trueman property was always planned to handle some S.C.!. uses and continues to be the last feasible area for space intensive retailing (furniture, appliance repair, etc.). While we agree with the concept we disagree with the location of sporting goods rental as outljned in Mr. Yaw's letter and we will recommend stronger, definiti ve contro] s on the uses proposed in the basement. .. -- ..... """" ^ MEMO TO: CITY COUNCIL FROM: DAVE ELLIS ~L CITY ENGINEER . · . DATE: February 18, 1976 RE: TRUEMAN PROPERTY - CONCEPTUAL SUBDIVISION REVIEW The conceptual plan dated 2/17/76 is acceptable to the engineering department with one major exception. From the beginning we have indicated a 60 foot right-of-way is required by city cod~ for a local street and at this time we have not seen sufficient evidence to allow for a reduction in width to 40 feet. The alignment for the local street is satisfactory assuming that no public through street will be established within the city's Rio Grande property -i.e., no connection between Spring Street and Mill Street. Any Mill Street entry to the Rio Grande property would be for on-site uses only. The applicant has also been alerted to the fact that some major utility re- locations will be his responsibility should the submitted concept be approved. cc: Hal Clark Sandy Stuller I- -,7,---,-.-------.-------:--------.-_ . , 1', MEMORANDUM DATE: January 9, 1976 TO: ~"" Members of City Council FROM: Nick Mahoney " I' . PEN box V lf~ <su The City Council in a Study Session heard a request from Trueman regarding a supermarket site. A straw vote was taken at that Study Session. However, is as not an official act. It is my understanding tha an official decision by the Counc 1. the City that we continue with thi oject I am requesting that this item be placed on January 12th for action. PM/pk group desires important to and, therefore, the agenda ,-.., f""", Mf-MOR^Nf'tJM TO: Aspen City Council FROM: C. Collins, P. Dobie, B. Goodheim P~anning & Zoning Commission RE: Trueman PI"'operty ~."'DATE:,Decembel"'22, ,1975 At the Decemb.el"' 9, 1975 meeting of the Planning & Zoning Commission .approval was givento Conceptual Subdivision fol"' the TI"'ueman PI"'opel"'ty by a 4to 3 vote of the Commission. Beeauseof the importance of development in this al"'es to overall ~>lanning ,in the City, the minority Commission members in the above dectsion wish itO convey to Council theil"' reasons fOl"'not approvin!:j the conceptua~ sub- division application. The .objections vary with individual membel"'s, but the following comments refl.ect the. genel"'a~ consensus in voting fol"' disappl"'ova~: 1. The pl"'oposed deve~opment of 23,000 squal"'e feet fol"' a Post Office and 75,000 soual"'e feet.fol"' a commel"'cial,office anq I"'esidentia~ .building is not within the intentofSel"'vice/Commercial!Industrial and Neighborhood Commel"'cial which the al"'eais presently zoned. The total of 98,000 squal"'e feet is almost tWo fun city blocks (91%) inal"'ea and is therefol"'e I"'egional I"'ather than neighbol"'hood in scope. 2. The pl"'oposed sca~e of the pl"'oject will sel"'iously impact the area, especially in terms of car and tl"'affic genel"'ation. 3. The development will lead to furthel"' exodus of businesses from the downtown al"'ea anq jeopal"'Clizemall extension and a viable cOl"'eal"'ea. 4. The project is not compatible with plans to deemphasize the cal"'and encoul"'age use of public tl"'ansit. 5. The pl"'oblemsassociated with trafficcil"'culation thl"'ough the I"'ail- road pl"'operty and to Red MO!.lntainhave not beenl"'esotved. "6. 'Anyp~an which includes 20,000 squal"'e feetfol"' a food stol"'e is not consistent with Planning Office I"'ecommendations that the maximum size be I"'educed to 12,000 squal"'e feet. We respectfully submit that the proposed conceptual plan is too .extensive and bu~ky to come under the Neighborhood Commercial idea of "convenience .shopping" and it does not meet any of the needs fOl"'Sel"'vice/Commel"'cial! Industria~ opel"'ations in thatal"'ea: . .. .\ /- ! I , ^ .~ "- . " . ~<'.",.c ';',,,- r c..... MEMORANDUM " TO: Aspen City Co.uncil FRtlM~ Pl allningStaff'(HC}," ,--,-,~, RE: Trueman Pro.perty Co.nceptual Subdivisio.n DATE: December 18, 1975 Thfs Tsarequeif forcoiiceptuar'slJbdivislonapproVal for the Trueman. pro.perty (fo.rmally Scho.ttland). We understand that the appl icant wishes tj)make. a bri ef presentati o.n at the December 22., 1975) meeting o.f Counci 1 to. present his request fo.r the subdivisio.n. The co.lIU11ents o.f the Planning Office are co.ntained in the December 1, 1975 memo.randum.from Bill.Kiine which is at~ached.Also., included in yo.ur packet is the No.vember 28, 1975) memo.randum fro.m'the City Engineer and co.pies of the Planning and Zo.ning Co~iss~.~n__~2nutes relat~ng their deliberatio.ns invo.lved in thetr decisio.n tp reco.mmend appr6vaYof'Co.nceptual subdivisonto. Co.uncil. The P & Z VO-te was 4,..3favo.ringappro.val with Jack Jenkins, Dan Abbo.tt, Ro.ger Hunt a.nd, Mike Ott:e voting for; and,o elii ck Co.lleins. Brian. Go.odheim and Pat Do.by Bjlcai nst. ( . /'l.-f' /.~) I _<---7\ . J. ..,(): , -- ,- '," _'_"~"-' - ...,= -. ._...._.u .~".,~.._,~~_' ." ",.",:,.",_. :;',...,~_,._~. _. _.._~ "..._......._~""._-,.~-'-~--,._._,._..'",. -<"'~,.',:.._,'".-.....,.... - ~~;-P"....""--: "__-..,...',,... -":;. .;"-,,.,', "',,' " '."""\C""'~' I"'" ^ Vecemb~ I?, 1975 A6pen C~y Councit Memb~: A6pen Planning and Zoning Com~~~on Memb~: The A~pen SupeJunaJtket CauclL6 compo~ ed 06 hOlL6 ewi.vu and young blL6~nu~ men and women, Jtequut that you p0.6tpone mafUng a dew~on on the down- zoning 06 peJ1.J7lilled gJtoc~y ~~ze 6Jtom 20, 000 ~qUa/te 6eet to .1.2, 000 ~qUa/te 6eet 60Jt 600d ~~ pluo 3,000 60Jt non-600d ~~ which the Plan~g 06 Mce Jtecommenc16. We. have gath~e.d pV1.U.nent .<.n60Juna.ti.on on the 600d ~hopp.<.ng habm 06 A6pe.n Jtu~den;t6, the ex.;tenA~ve uoe 06 the automobUe on Rou;te 82 to ~hop downva.U.ey, and the ~~zu 06 cuJUtent gJtOc~y maJtkw. We would like. to pJtue.nt thi..:, ~n60Juna.ti.on to both CO,uncit and the A6pen . P & Z v~y eaJtR.y ~n JanuaJty M that YOM dew~on will take ~nto ac- count thi..:, local ~n60Juna.ti.on. Thi..:, ma;tt~ 06 gJtoc~y ~~ze ,u, an hlteg/tal piVtt 06 the aJtclU.teetWtal planA 60Jt the TJtueman p11.opVL:ty now .<.n pJtOcu~ be60Jte you~ We ~.<.nc~ety hope. that you aMange 60Jt uo to Mve ;(:}W, . pJtuenta.ti.on. It will take abou;t tfWt.:ty mLnu;tu. V~y tJr.uly YOWt6, ~#~ E~th~ Beam~, Cha.-Uunan 925 2100 Box 2100 cc to EditoJt 06 the A6 pen T.{mu r- .1""\ _."":....~,... oJ ~ ". ^~',.\,-:,~. ASPEN/PITKINPHiuQing Department If':' ~:/!lO I 3 0 s 0 trt ll. g a I e n ..~ s t r e e t aspen, t.~l(),.r~!~~i~ 816 I 1 ~...J;j.,,".....'"'.'.~''' .<r -~,~' ' MEMORANDUM TO: City Planning Commission and Aspen City Council FROM: Planning Staff (Bill Kane) RE: Trueman Property - Conceptual Subdivision DATE: December I, 1975 After careful review of the Conceptual Subdivision proposal for the Trueman property we recommend in general: . 1. A reduction in the size of the multi-purpose commerci a,l bui 1 di ng and 2. Clearer provision for a new road alignment through the site. SIZE OF COMMERCIAL FACILITIES The property is currently zoned S.C.1. and. N.C., Neighborhood Commercial with a Special Planned Area. overlay. Itis our understanding that these zoning catagories were appHed to establish use regulations while in general deferring to the S.P.A. review process to determine more detailed matters such as bulk, height, density, circulation, etc. The applicants are at this time requesting conceptual approval for a 23,000 square foot Post Office and an additional 75,000 square feet for commercial, office and residential purposes. All of the permitted uses in the N.C. zone are subMitted below along with the respective floor area limitations ,now provided for in the Code. Assuming that the Planning Office recommendation to reduce food store areas from 20,000 square feet to 12,000 square feet is rejected, it is clear from the list that the total range of permitted uses in the N.C. zone would require 35,000 square feet. i<rt~i~r; ":'II:""'?;E I / . / ~ A "- '.', MEMO Trueman Property December 1, 1975 Page Two PERMITTED USES NEIGHBORHOOD COMMERCIAL FLOOR AREA LIMITATION (Sec.24-3 6) SQUARE FEET Food Stores Pharmacy Liquor Stores Dry Cleaning & Laundry Pickup. Barber & Beauty Shop Shoe Repai r Post Office Branch TOTAL FLOOR AREA REQUIRES 20,000 3,000 3,000 3,000 3,000 3,000 (Presumably not necessary) 35,000 Assuming an additional 10,000 square feet for anticipated "conditional uses" and 6,000 square feet for ten (10) dwelling units at 600 square feet each it is hard to imagine space requi rements beyond 51,000 square feet. This also assumes that the pendi ng recommendations for zoning changes wi 11 not be heeded. We recommend that an exaustive supply of neighborhood commercial services could easily be provided in a 50,000 square foot building. In addition we wonder about the propriety of approving some 35,000 square feet of speculative space based on the assumption that conditional uses will be granted practically at the will of the developer. Approval for space for uses not permitted in the N.C. zone should be reserved pending appropriate conditional use hearings. A 75,000 square foot building represents a shoppi ng ce.nter that wi 11 draw upon theenti re Aspen market area and is thus in fundamental contradiction~ the intention of the Neighborhood COr.lll1ercial zone which isin paru....."to allow convenience . establ ishments as part of a neighborhood,o-...deslgned and planned to becom~ patible with the surrounding neighborhood::) Also 25,000 square feet is shown for office space. The current zoning amendments proposed by the Planning Office are predicated on the belief that too much office space already exists with 170,000 square feet currently under construction. ROAD ALIGNMENT The pl an forSmuggl er and Red Mountains ,prepared by the Pl anni ng Offi ce and presented to the Planning and Zoning Commission calls for a new road alignment through the Trueman property. l~hilethe plan has not been approved we recommend that ,-' MEMO Trueman Property December 1, 1975 Page Three ~ "- . '. 1. The proposed R.O.W. be shown clear of obstructions; 2. The assumption be made that dedication of the roadway will be required in part or whole by the City in connection with subdivision. We would like to reserve further comment pending the preliminary submission. xc: Sandra M. Stuller Joe Porter Larry Yaw Bob Grueter Dave Ell is "',.._~._.;.,:,. I"", ^ MEMORANDUM TO: Planning Office, Planning & Zonin9'-Commis$i.on FROM: Dave Ellis, City Engineer~ RE: Trueman Property Conceptual Review DATE: November 28, 1975 The major concerns of the engineering department in regard to the Trueman Property conceptual subdivision review are outlined below. Circulation & Traffi.c . Until it has been conclusively demonstrated that a collector link through the city I s Rio Grande Property is not needed, the proposed location for the Trueman Property road is unacceptable. There should not be two separate "T" intersections with the concomitant congestion due to a double turning movement for a major traffic stream. A single four-way intersection is the better approach. This problem is more or less independent of the route selection for the river crossing. The subdivision design standards do not allow direct parking access from an arterial which is shown in this plan. Earlier schemes had included a single local street entry onto North Mill with parking off of the local street. . Right-of-way Requirements The current minimum right-of-way requirement is 60 feet (40 feet shown on plan) although the developer has indicated that 60 feet can be provided. Should the final route selection for the river crossing be down the panhandle, acquisition of the necessary right~of-way should not be prejudiced in favor of the developer nor precluded by the approval of the indicated improvements in the panhandle. Building Location; Landscaping and Grading During the review of earlier plans for this property considerable emphasis was placed upon preserving the existing vegetation along the southwesterly embankment. In the current plan the southwesterly limit of the .commercialbuilding footprint encroaches heavily into this embankment (as much as 15 feet of cut in the northwest wing). Another major grove is nearly eliminated by the parking lot circulation. The south end of the commercial building is shown lying over two existing city water mains, one of which cannot be abandoned and in fact must be enlarged. The ultimate grade of North Mill will be approximately five feet higher at the south end of the project. The site plan should allow for this future grade change. The ultimate intent is to make Mill Street into a parkway environment with consjderable setback for improvements and/or landscape screening. With this approach the parking lots should be set- back to allow for a more adequate landscaping buffer zone. Existing Encumberances on Property The plan as presented does not correctly show the existing public right- of-way on Mill Street. Approximately 4,200 square feet of the southeast parking area is public right-of~way. The plan presents a rather useable site when in fact there are water and sewer lines in place on the site and through some of the proposed buildings; another water and sewer easement bisects the property along the old railroad alignment; and the "~.-';""'*"""''''''''''''-''- - "'-~ . ,~.: ,:.;...j,....',.:,..,', .Lu .~ MEMORANDUM Planning Office Trueman Property November 28, 1975 Page Two t""'\ A "- " existing road into Lakeview is a public right-of-way. These matters can undoubtablybe resolved in the better interest of the City and the developer, but it becomes the burden of the developer to accomodate these problems. and .it is not the City's obligation to gUjj.rantee any private development or site. ~""~""'." _,.A.~'...,.N', "---...., >-~"..,~..,.." ' -~ ~ .t"""\ '::0..,..,..... .,~;;;~~~'~( . ",; "~,'". ~' ....'.>'."1' ',; , ~:ji / 11 Novemrer 1975 To: Aspen Planning and Zoning Commission, Aspen City Council .'-'--'-. \,'-" '\'.-, , . {.~J.\.d' : re:.~~' \. \,..' "- _.~;...:/~\..\ ...~,..1.,_'/ ." .'J Request for conceptual planned unit development approval of the Trueman Property. . ..._-"" Re: As we understand it, to proceed with development of the Trueman Property we need to obtain the following approvals: planned unit development, subdivision, and specially planned area. City Attorney Sandra Stuller, City Planner Bill Kane, and Land Use Administrator Hal Clark have advised us to proceed under the new . "Planned Unit Development Procedure" Ordinance 71 which combines planned unit'development and subdivision approval. ~",.._---~ i...._ r-"'; ..--, .I......~ We request conceptual planned unit development approval under Ordinance 71 and here enclose the information required in the ordinance. ..._.._.~,.,,,~, Respectfully Submitted ~-'- Larry Yaw JL Y :sb Attai::hed:.Vicinity Map Conceptual Site Plan Conceptual Landscape Plan Conceptual Site Plan Sratement of Planning Objection Tabula.tion ~)f Data Ownership J::}3<::laration Future Ownership Objectives Statement ;"'-'~1 ,.""---"-"-' , i I-~---._"..';' ., -l A'Rc~~~rr'?:;(',,;-[':;; wPLJ:\,;:'\;!':;\fE:~iS, G .t"_SPE~'iJ,,.CCpLOr,:.r.r.;.DO&t:1161-' 2iO ~:;OUlH i_iALC!'I/\ STl~Fl:~l" flO~;T O~; EB(~)X :-,~.~)G .lELLPH()NE 303' ~)2?2e ;: \ ,'" -, .._e_' I , ....,~._. n' ~..~:~, -''''''-..--''"1 t. '_.. -, .1""'\. ^- TRur:::r\1AN PROPERTY Conceptual Approval Submission for Planned Unit Development and Subdivision Review Statement of Planning_Objectives Three options have been considered for development of the Trueman Property: 1. A seven-clot subdivision has been designed, evaluated and re- jected. Although the plan would be easy to develop and market, it did little to fulfill the objective of having a self-contained neighborhood commercial center where various uses could share facilities. 2. A multi ~use building cluster and parking structure was designed in detail by Shotland. The building complex which used approxi- mately one third of the Trueman Property included approximately 105,000 sq. ft. which included 37,000 sq. ft. of parking structure and 64,000 sq. ft.. of commercial, residential and office. space. The project is not considered feasible and a decision was made to devote more of the site to the neighborhood center and to reduce the building floor space. R:-: The.developmellt program selected by the develope' and presently being designed is envisioned to include the post office and 11 mixed use single building or building cluster somewhat simpler than the Shotland scheme. Objectives for the master plan are to: 3. Provide a neighborhood commercial area that will provide a full range of day to day commercial services for the surrounding residential areas. To provide an architectural complex that is considered shopping destination rather than a single ..use building. To tie the two major buildings in the development, the post office and the Trueman complex, together with architectural massing, planting, and proximity. To provide C01:FlHl0n pathways, landscaped plazas, and parking for an site functions and the public. Toimplcmcl~'.'*f":1I1ation, open space <lnd urban edge concepts relnt.ing to 1:h988 .Outlined in the OV<.T.l11 IUo Grande Property. Study. .. \ .1""\ ^ i ..j '.' Statement of Planning Objectives 11 November 1975 Page 2 ! .,::.~.;:::. -;1 Planned Unit Development Advantages: , -,,,--," The proposed development is primarily neighborhood commercial which is a mandatory planned unit development category. "::;,' -,- .-/ ,.' _''-'''''':i': '~' .~..~ : ".~.;..~. - --.J L~: . , ...,.....,' ,- . ,......_, -#" ".'''' '. .,~-,t;.,. ......... 1"""-0, ^ I i Tl\llEMAN PROPERTY Conceptual 1\pproval Submission for Planned Unit Development and Subdivision Review T AI3llLATIONOF DATA '...., Lots - .',;-- Row Lot I Lot II Lot III 1. 27 ac 2. 76 ac 2. 95 ac 1. 24 ac Total 8. 22 ac Land Use Program -'..:'".:1 L ----. . -"'-"~'-"'~ Row Remaining Land 1. 27 ac 6. 95 ac ..;.- r"-'...,l ':.:.."0') Open Space (25% of 6. 95 ac) Total Footprint of All Buildings Parking Recreation Setbacks apd Buffers 1. 75 ac 1. 15 ac 2. 37 ac 1. 25 ac .43 ac Total 6. 95 ac Structure and Units 1. Recreation Building - single story, 1000 sq. ft. 2.. Post Office - Single story, 23,000 sq. ft. . 3. Trueman Building - Single building or tight building cluster, three stories, neighborhood commercial, office ane! possibly residential. Projected Population Possibly 10 dw.eIlings for permanent residents @ three people per unit = 30 people. , ......... , .. .\ . """ - ~ .- . ,t; i-' t:' ., ~.. t..f~ ~ Clrry ()F ASPEN aspefl1,coio?:odo,e~su box v ...... . ".... -' November 10, 1975 Mr. Tom Clark, Jr. 9325 Utica Wesb~inister, Colorado 80030 Dear Tom: I have taken the liberty of sending your letter to Bill Kane, head of our Planning Department, and have requested that he state his position. For my part, I am certainly in favor of a grocery store on thelTrueman property and do not oppose the 20,000 square feet; however, the Council does have before it, a p~oposal to change this 20,000 square feet maximum to 12,000 square feet. . In order for an ordinance to be passed, we must have two hearings -- one of which is public. I think it behooves someone from your industry to demonstrate the trade-off to our Council in terms of cost, and the difference to a grocery retailer between 20,000 square feet and 12,000 square feet. Some members of the Council are convinced that this would be a trade-off the community would be willing to absorb to.get out from a large commer- cial building. Jim Trueman i.s proposing a 75,000 square ;foot building on his property. This would be .a three story 25,000 square foot in- print. I don I t see how his proposal wil.l pass the Council. There is a very noticeable absence of information from people in your industry. I am hoping that you will be able to con- tribute information to our upcoming ordinance hearing. Sincerely, Philip S. Mahoney, Ph.D. City Manager Ps~l/pm cc: Mr. Bill Kane ,-\ ~ \ CITY OF A'SPEN aspen ,C9hnrado, 8h3tl box v October 27, 1975 4:t- ~ Mr. J. Thomas Clark, Jr. Rocky Mountain Service, Inc. P. O. Box 5364 Denver, Colorado 80217 Dear ':rom: It is encouraging to ou are pursuing the location for a grocery outlet on Trueman' land. As I pointed out to you this summer, our commun~ ~s intensely behind you to loc.ate a grocery store. The City Council instructed me this summer to provide you assistance in supporting your location on this site. My office is available for you to expedite. Good Luck: Sincerely, . "V ~'--~.... "';::'. \1\.;\.,. \.c~ ~ '; Philip S. Mahoney, Ph.D. City Manager- . PSM/pm I I , I., '1\ \" '\\ j ..... \;' ~ \j-,-'lj l-1~~A J k' ., ' .' " \V'- ,~':.,-'...;,;,-. \,.:;' 1""-,. ~ TO: Planning & Zoning Cormnission FROM: Planning Office SUBJECT: Aspen Center Subdivision DATE: March 5, 1974 Plat Recommendations 1. Engineering Department Recommendations 2. Pedestrian trail along Rio Grande Dr. should be separated from and in addtion to Rio Grande Drive ROW. 3. An acceptable landscape plan, detailing ground cover, buffers, borders, species, etc., should be provided. 4. Sinclair service station should be relocated on the property at time of development of the first phase. 5. Necessary.housing should be built in conjunction with development of the first phase. Subdivisioli Improvement Agreement 1. Engineering Department considerations. 2. Cash dedication of 4% of the. purchase price of the entire propert~'. 3. Performance bond and timing for implementation of landscaping plan. 4. Off street parking management agreement between the developer and the city, as proposed by the developer in his agreement letter of 3/5/74. ~'w;,".',....:'>.,,,j 'c_. ~G '0J v:Jl\ \ )~ {(' " , If,'\ .~ MEMO TO: P & Z COMMISSION FROM: DAVE ELLIS "'" <" CITY ENGINEER'\) <-- RE: MILL STREET (RIO GRANDE PROPERTY) PRELIMINARY SUBDIVISION PLAT DATE: 1/4/74 The Engineering Department has made comments on at least two preliminary plats that were sub- mitted after publication for the hearing. The latest submittal had some major changes in boundaries and numerous deficiencies. The current situation is one of confusion or exactly which plat various utilities and agencies are reviewing. The plat sent out for review did not show the correct location of sewer,w(iter, el.ectric or telephone. Nor did the plat show any fire protection system. Because of these circumstances the engineering department's recommendation is that Ord. 19 conceptual review proceed, but that the preliminary subdivision plat hearing be tabled to a future date and that the plats be reissued for review. An approval on the conceptual stage will also provide more specifics on which to base the SUbdivision review particularly as relates to pedestrian and vehicular circulation, railroad right-of-way location, utility relocations and fire protection. Attached as a separate list are items which at this point are deficiencies of the plat. These are included for information only and hopefully they can be corrected prior to the future hearing date. cc: Mick Mahoney Herb Bartel Donna Baer Richard Shottland .~ ~ , .. 1/4/74 DEFICIENCIES OF MILL STREET(RIO GRANDE PROPERTY) PRELIMINARY SUBDIVISION PLAT Lots 2 & 3 ~ Item 1) An absolute minimum 'of 40 feet will be reauired for dedicated road right-of-way. The railroad right-of- way will be a 20 foot minimum. Minimum radius on the railroad right-of-way is 319 feet for current stan- dard gage passenger equipment. This railroad right- Of-way alignment should be shown for the entire pro- perty. 2) Circulation within the sight should provide for a minimum turning radius of 45 feet where access is required bycdelivery, trash and maintenance trucks. 3) A fire protection plan is needed including access routes for fire equipment. The city standard for spacing a fire hydrant in commerical areas is 350 ft. 4) Site plan should show all parking locations including those underground, common pedistrian areas and circulation routes, and principal landscaping features. 5) Metro Sanitation District should be consulted about main sewer line which passes through property, and whether or not relocation will be required or con- struction over it will be allowed. 6) Telephone and electric utilities should be revised to show actual line routes and those portions within the development which will be placed underground. 7) Determination as to extent of building site encroach- ment.upon city water lines. This may necessitate new easements and relocation by Shottland. The city is currently determining whether the old pump house, and line may be removed. Plans and specifications for all new water mains within the development will be subject to approval before construction,begins and will be subject to all city standards for acceptance before service is initiated. 8) The sewer and water easements in the northern panhandle should be shown. 9) Easements will be required for all existing and/or relocated utilities. More study will be necessary to determine those areas wh2re 20 ft. rear and side lot line utility easements will be required. 10) Determination of all property owners and mortgage holders for purposes of submitting and signing plat dedications and co~~ittments. 11) Determination as to whether open space will be land dedication or cash. 12) Present trail locations are subject to relocation pending purchase of additional land and/or outcome of quiet title suit. , ".."";.",.:~,~".y~-"._.,,. r-. ,....-" 1/4/74 page 2 of 2 , "0....'...... 13) Terms for the construction of sidewalks, berms, curb and gutter, and streets should be included in subdivision agreement and reference made On plat. Lots 1,2,& 3 ~ Item 1) Show additional apparent fence and building encroach- ments. 2) Show overall circulation and street layout. 3) Clarification of orginial monuments and remonu- mentation needed and corrections needed in "metes and bounds calls. 4) Adjacent ownerShips omitted from some lots. 5) Show existing primary drainage channels and improve- ments. 6) Naming of streets within subdivision so as not to conflict with existing streets. .Iv '! ~\ ..-, CRONOLOGY: TRUEMAN CENTER The purpose of this document is to provide a historical perspective to the development of the North Mill Connnercial Complex by the establishmei~t of the complete public record from the review of that project. This chronology is intended to be comprehensive so as to respond to many of the questions raised by members of the public during the GMP review of the storage project. 1n following the approval process of the Trueman Neighborhood Commercial Project (TNCP) from the Initi a 1 Phase of the Conceptua 1 Pl an through Preliminary Plat Review and Final Plat/SPA, many major changes were made in the project. The size of the grocery store/commercial facility was the most debated topic and was substantially reduced from early phases to the final product. Consequently some of the early thoughts on the amounts of open space, parking and use of the property also changed. In November of 1975, when the Conceptual Submission was made, the decision had not been made whether this would be a 2, 3 or 4 lot subdivision. In a letter dated 11/11/75 from Bob Grueter, attorney for Mr. Trueman, to the City of Aspen, he states that the only parcel they anticipate selling for sure is Lot 2 to the United States Postal Service. 11/18/75 The "initial phase" of the Conceptual Plan shows the panhandle property occupied by paddle tennis courts, a 1000 square foot one-story recreation building and parking. Dave Ellis, City Engineer requested in a referral memo that the option of using Lot 3 for an approved access from Red and Smuggler Mountains to Mill Street be reserved. Conceptual Submission TABULATION OF DATA lots R.O.W. lot I lot II lot III 1.27 ac. 2.76 ac. 2.95 ac. 1.24 ac. 8.22 ac. T ota 1 land Use Program R.O.W. Remaining land 1. 27 ac. 6.95 ac. Open Space (25% of 6.95 ac.) Total Footprint of All Buildings Parking Recreation Setback and Buffers Total 1. 75 ac. 1.15ac. 2.37 ac. 1.25 ac. .43 ac. 6.95 ac. Structure and Units 1. Recreation Building - single story, 1000 sq. ft. 2. Post Office - Single Story 23,000 sq. ft. 3. Trueman Building - Single building or tight building cluster, three stories, NC, office, res. For the record, he recommended that the area be kept free from any obstructions at this time until final subdivision is reviewed. (The -' ~ ^ Cronology Page Two question was whether a Smuggler Mountain connection should be via the panhandle or an upgrading of Mill Street). 11/25/75 The Planning Department recommended to P & Z that dedication of the panhandle property for a road to Red Mountain be required in conjunction with the development of the site. Kane asked P & Z to approve a plan that does not show improvements on the site. Grueter would not agree to the dedication of_the land for an extension to Red Mountain. He said the applicant would agree to provide all the roads within the subdivision that are needed to serve the subdivision but not to serve Red Mountain. 11/28/75 Memo from Dave Ell i s concerni ng exi sti ng encumbrances on the property: A water and sewer easement bisects the property along the old railroad alignment. 12/2/75 Planning Office recommends a new road alignment through the Trueman property and that the proposed R.O.W. be shown clear of obstructions and the assumption be made that dedication of the roadway will be required in part or whole by the City in connection with subdivision. Stuller responded that she felt there was benefit to the tract specifically as wen as benefit to the City. She proposed a compromise by which a formula would be worked out involving some dedication by the developer and some condemnation by the city. 12/9/75 Motion passed by P & Z that the right-of-way be reserved through the panhandle and that any improvements to that section are at the risk of the owner or developer. No value would be added for improvements in the case of condemnation for a period of 5 years and any uses would be conditional. Also that they recognize that if the road alignment goes through this parcel. they will be expected to be involved to some degree in terms of land dedication. 12/23/75 Panhandle - Planning Office advocating getting a dedication of some percentage for the possibility of developing a new access to Red Mountain Road. 1/21/76 (Revised conceptual) Letter to Bill Kane from Joe Porter Lot III - remain the same Lot IV - remain undeveloped in its present SPA category with no additional obligation for future use or approval by either the City or the developer. 1/22/76 Memo from Bill Kane re: Conceptual Subdivision Recommendation that the balance of the site remain as a separate SPA restricted in S/C/I uses only. " I"'" I"'" Cronology Page Three 3/8/76 - Council Meeting Issue remaining: Use of land in the panhandle. Motion passed to hold the panhandle in moratorium for one year. 6/1/76 - Presentation to P & Z outlining conceptual approval. Any plan approval on lot III is subject to a one-year moratorium pending the decision on the extension of Mill Street to Red Mountain. Preliminary Plat tabled for site visit. Preliminary Plat Checklist. Open Space for Dedication Other Open Space 1.99 ac. 1.24 ac. 6/15/76 - Preliminary Plat Approved by'P & Z (No specific mention of lot 3) .Note: The files on this process are very unbalanced. The Conceptual Review is heavily documented and issue-laden. The only information on Preliminary Plat is contained in the minutes and the above-mentioned checklist. The Final Plat and SPA are documented in the recorded documents and the Subdivision Agreement and Amendment. 8/23/76 - letter from Jim Trueman to Mick Mahoney "In our conversation we discussed the possibility of some sort of trade in regard to the 'panhandle property'. Subject to the city's desire to acquire this property, I am totally willing to negotiate any reasonable swap arrangement. With the timing of the subdivision fee payment to be sometime in the future, it does give us some time to work out an arrangement on that piece of property if, for instance, the subdivision fee were involved in the acquisition negotiation." 10/14/76 - Mahoney Memo- Calculation of Park Dedication Fee No commercial value was assigned to lots 3 and 4 for park dedication fee calculation, however, that did not mean that they could not have a commercial use. The Trueman Center (lot 1) was valued at $7.50/sq.ft. the Post office site (lot 2) at $6.00/sq.ft. and lots 3 and 4 were averaged in, bringing the overall value to the $5.00/sq.ft. No development plans were proposed for lots 3 and 4. 12/10/76 Grant of the following easements to the public: l5'wide joint drainage, utility and access easement on lot 3. 1/5/77 Mill Street improvements estimate from Dave Ellis for regrading, filling and widening from Main to Puppy Smith Street. ~",,;,ij ." ~ ~ Crono10gy Page Four * Note: A meeting held with Bob Grueter on March 23, 1983 indicated that when the City decided to go with the Mi 11 Street improvements, there was some consideration of the relocation of Cap's Auto Supply to Lot 3 and the construction of an auto repair shop. 1/l0/77 Council - Final Plat Approval & SPA with recommendations of the City . Engineer. Mayor authorized to approve the Subdivision Agreement. 4/8/77 - SUBDIVISION AGREEMENT Book 327, Pgs. 25-38 The $90,000 park dedication fee was to be paid at the time a certificate of occupancy was issued for the project to be developed on Lot 1, or on June 1, 1978, whichever first occurs. Trueman and the City further agree that the aforesaid sum constitutes the sole and only cash (or land in lien thereof) dedication which will be required in connection with the subdividing of the within lots, TNCP. The City agrees to vacate and waive its presently existing water right-of-way recorded in Book 241 at Page 887 of the Pitkin County Records, and located along the old Rio Grande Railroad right-of-way through the TNCP. i2/19/78 - Amendment Agreement Ord.#4, Book 6 p.2552 1st Reading 1/8179 Adopted 1/22179 Lot 3 - The parties hereto further recognize that it is their intention that the City shall be granted a right of access through Lot 3, TNCP. Toward this end, Trueman shall grant to the City an irrevocable license of acc~ss through all of Lot 3, TNCP, which license shall become null and void upon the construction of future improvements on the property together wi th the grant to the City of a specific access easement through Lot 3, TNCP. 1/4/79 - Memo from Ron Stock "The agreement amends the Subdivision Agreement in that the City is granted an irrevocable license of access through all of Lot 3 until there is construction of future improvements on the property together with a grant of a specific access easement through Lot 3. This allows the developer to construct the proposed drainage improvement with new specifications and plans to be drafted by him and approved by the City." Sewer Easement, Book 241, Page 810 Subdivision Agreement - Acceptance of the Final Plat by the City shall not be deemed to constitute a vacation of the existent water and sewer easements within the TNCP, and no interest in the same shall be deemed waived or conveyed until such time as all water and sewer improvem~nts have been completed as shown on sheet number (4) of the Final Plat. P. 4 Final Plat - Utility Modification Plan. Abandonment of 10' sewer easement following the old Rio Grande track alignment. SPA Plan Language '.'No development of Lots 2, 3 and 4 shall take place prior to approval of a specific SPA plan for each lot which shall constitute am~ndments to the SPA Master P1 an." ~""~'"_"H'''''_~''_"'~ ~ r- ^ Cronology Page Fi ve The bottom line of all this is that the parcel is developable within the S/C/I zone. The only requirement is that a specific SPA plan for the lot must be approved, which shall constitute an amendment to the SPA Master Plan. The easements on the lot have been vacated or relocated and do not present a problem in the development of the lot. 1 , ,,,",, ^ ADDITIONAL INFORMATION (Please add to your cronology of the Trueman Center) The Planning Office memo of June 7, 1976 which dealt with the Trueman Property Preliminary Plat indicated that Lot III was comprised of 1.24 acres and that 1.24 acres would be used for recreation and 1.99 acres for open space. The memo never specifically describes the areas which will be dedicated to open space or recreation, but since the 1.24 acres matches the amount of space in the Lot III parcel, one could assume that this area was considered for a recrea- tiOn use. This memo was introduced to the record at the Public Hearing held before the Planning and Zoning Commission on April 5, 1983 by Hal Clark. Also introduced was an untitled plan that was part of the files on the Trueman project held by the City Engineering Department. The plan was drawn in 1975, updated on May 5, 1976 and coincides with the information in the Planning Office memo concerning Preliminary Plat review. Since it appears that no official Preliminary Plat was recorded, it is possible that this plan was the Preliminary Plat submission. The recommendation of the Planning Office in the June 7 memo was for "approval of the Pre 1 imi nary Plat based upon the above broadly descri bed conditi ons. . . " The minutes of the June 15, 1976 Planning and Zoning Commission meeting show that preliminary plat approval was "recommended" and "conditioned upon recom- mendations of the Planning Office and the City Engineer." An error was possibly made in the minutes, since P&Z does not "recommend" Preliminary Plat approval, they take final action. . Section 20-14 of the Code outlines Final Plat Procedure. The statement is made in this section that "the final plat shall conform to the approved preliminary plat and shall include all changes as required after consideration by the planning commission." If the approval by P&Z in fact intended to limit the use of Lot 3 to recreation purposes, it certainly seems that some discussion would have occurred and tighter assurances been made than are reflected in the record. If this was indeed intended to be part of the Preliminary Plat approval, it was not carried over to the Final Plat and violates the ,continuity required by the Code. However, a copy of an official Preliminary Plat cannot be located and the Council did not condition the use of Lot III in Final Plat approval. This ambiguity in the record leaves us at an inconclusive point and we cannot definitively say whether or not the lot was limited on the preliminary plat and therefore should have been limited on the final plat. r ~. . , :; t CITY O PEN aspect ,c;.: _ box v July 23, 1973 Robert P. Grueter Attorney at Law P. 0. Box 4226 Aspen, Colorado 81611 Re: Trueman Purchase Dear Bob: Your note of July 13, 1973, advising the City that you are prepared with the Trueman sale has been forwarded to me for response. I am going to be exhaustive so that all parties con- cerned are clear as to the City's position on the matter and each can react as he sees fit. First let me recap the events to date which seem to me to have precipitated the issue. Events to Date In the purchase and sale agreement originally proffered by the seller the following paragraph was inserted: "12. Additional Covenants. In view of the fact that the Buyer (City) has inordinant power to affect Seller's rights in the parcel in which title remains in the Seller, Buyer and Seller hereby covenant as follows: a) Buyer hereby agrees to make no effort to downgrade the zoning or cut the density allowable under existing zoning ordinances of the City of Aspen to the approxi- mately 8.221 acres for a period of five (5) years from the date hereof. This covenant shall also apply to the 11.499 acres being purchased by Buyer until con- summation of the closing hereunder." The proposed agreement was rejected with another being pre- pared by the City's counsel with paragraph 9 (c) reading as follows: "(c) Particularly in light of Seller's expressed intention to develop a substantial portion of its adjoining property for commercial uses, Seller and Robert P. Grueter July 23, 1973 Page 2 Buyer hereby recite and affirm their mutual under- standing and belief that at the present time the uses for which Seller's adjoining property is currently zoned are appropriate uses for such parcel of land." The contract provides that in the event of breach by the buyer the down payment shall be forfeited as liquidated damages. On breach by the seller the buyer may either compel the specific performance of the agreement or pursue other legal remedies. This agreement was accepted by Trueman and executed by both par- ties on March 22, 1973. Subsequent to execution, the City P and Z, as a result of public reaction to the Destination Resort Corporation Development, began a master plan updating, cul- minating in the adoption of Ordinance 19 which gives legal force to the P and Z recommendation that in that area of land retained by Trueman only neighborhood commercial uses be allowed. No permit application for building has, to date, been made by Trueman or any successor in interest. On the effective date of Ordinance 19 (July 23) any such application would be subject to P and Z review and approval according to the alnd use recommen- dations and review criteria of the ordinance. Trueman has submitted a title commitment (to be more fully discussed below) and proffered a warranty deed with the following reverter provision: "(Seller does convey) on the condition that the party of the second part (City) does not alter the zoning that existed on an adjacent parcel of land of 8.221 acres on March 22, 1973, to which said property is subject, i.e., C -2 zoning, or the uses permitted under the same with the exception of residential and overnight tourist accommodation. In the event of the occurrence of this condition subsequent, the fee estate passed by this deed shall revest in the party of the first part by payment by said party of the first part to the party of the second part of One Million Five Hundred Seventy -five Thousand and 00 /100 Dollars ($ ],575,000.00), and by exercise of the party of the first part of his right of re -entry which is reserved to him hereby." It has been the City's position from the very beginning of this confrontation that NO GUARANTY OF ZONING was made with the execution of the purchase and sale agreement: no such intention is evident in the agreement, nor can a municipality, AS A MATTER OF LAW, contract in such a manner as I will demonstrate with the following discussion of applicable law. Robert P. Grueter July 23, 1973 Page 3 Memorandum of Applicable Law A general statement of the applicable law can be found in the following two treatises on municipal government. In Section 29.07 of McQuillan on Municipal Corporations the author states The established rules is that municipal corporations have no power to make contracts which will embarrass or control them in the performance of their legislative powers and duties. Accordingly, the law is well settled that a city cannot by contract deprive itself of any of its legislative powers or governmental powers The municipal author- ities, it has been said, cannot bargain away the right to make reasonable laws, and to exercise the police power* whenever it becomes necessary to conserve or promote the health, safety or welfare of the community. So, power conferred upon a city to contract respecting a particular matter does not confer power, by implication, so to contract with reference thereto as to embarrass and interfere with its future control over the matter, as the public interests may require. Similarly, the editors of Municipal Corporation Law in their chapter entitled "Contracts and Quasi- contracts" have stated in sections 10.19 and 10.20 thereof: The overwhelming weight of authority holds contracts void as contrary to public policy contracts of local governments in which the governing body promises to exercise its govern- mental powers in predetermined ways A contract by a local government to zone land as desired by a private party is contra to public policy and void. And further: The great weight of authority holds invalid as contra to public policy contracts of local governments whereby the governing body pormises not to exercise its governmental powers It is not within the power of a municipal governing body to bind its legislative capacities by any private arrangements so as to dis- able itself from enacting any ordinance that might become necessary to protect the public health, safety, morality or general welfare A contract by a local government not to zone private property in a way deemed too restrictive by the owner is contra to public poi.cy and void. * Zoning is an exercise of the police power. Robert P. Grueter July 23, 1973 Page 4 There are a myriad of cases discussing the above proposi- tion; I would like to make reference to a few. In Midtown Properties v Township of Madison 172 A2d 40 (N. J. 1961) the plaintiff was a developer who had started proceedings to acquire approval of his subdivision. Subsequent to petitioning for subdivision and after receiving tentative approval the city twice modified its subdivision regulations while plaintiff refused to change his proposal to satisfy the subdivision amend- ments. Instead, the plaintiff and city entered into an agree- ment setting forth the terms under which plaintiff could proceed with the development. In reliance on the contract plaintiff spent approximately $200,000.00. When plaintiff sought final approval it was denied and this suit followed premised on the enforceability of the agreement with the city. The court refused to enforce the agreement which, among other things, provided 1. That the city should not pass any regulations or ordinances which would in anywise change the terms of the contract; 2. That the city should not change any building code requirements; 3. That, to the extent that the contract was in conflict with any statute, rule, ordinance or regulation, the con- tract was to govern; and 4. That for a period of seven years the city would be bound by the contract and would not amend or change any of its ordinances or regulations to affect plaintiff's land. The court held the contract, on its face, illegal and void. The zoning power of the municipality was prostituted for the special benefit of the plaintiff. The court enumerated the following objections to the agreement: "1. The township having adopted a master plan, it could only be amended or changed in accordance with law and not by a contract which destroys such master plan and results in haphazard or piecemeal zoning. 2. The defendants (City) surrendered their inherent power, right and duty to keep their zoning and planning ordinances mutable by making necessary amendments or changes for the benefit of the public. 3. The defendants (City) cast aside all statutory and ordinance requirements which are applicable to all persons to make a special deal with plaintiff; and Robert P. Grueter • July 23, 1973 Page 5 4. The parties attempted to create special zoning benefits for plaintiff contrary to law and the public good." The contract in question attempted to give plaintiff special benefits and privileges which is condemned by law, is ultra vires, void and contrary to our public policy. To plain- tiff's argument that it's expenditure of $200,000.00 should estop the city from refusing to proceed under the contract the court said: "It is too well established to cite authority for the proposition that while a public body may make contracts as an individual, it can only do so within its express or implied powers; AND THAT THOSE WHO DEAL WITH A MUNI- CIPALITY ARE CHARGED WITH NOTICE OF THE LIMITATIONS IMPOSED BY LAW upon the exercise of that power It is true that an estoppel may be urged against a public body has the authority to make the contract, but because of some technicality has not properly exercised its power (but this rule) DOES NOT APPLY TO CONTRACTS WHICH ARE ultra vires AND VOID ab initio. The case of Urso v City of Dallas 221 SW2d 869 (Texas 1949) concerned a suit for specific performance of a contract of sale by plaintiff (city) against the defendant (land owner). The defendant had refused to go through with the land sale on the contention that, during negotiations with the city, an agent of the city had agreed, as part of the consideration, the city would rezone the balance or unsold portion of the land for business for the defendant's benefit. More specifically, the defendant said the agent had offered a certain price per square foot and, in addition, agreed the city would rezone the balance of defen- dant's land commercial. When asked why the rezoning wasn't put in the contract the agent allegedly answered "(the city) 'was not allowed to put it in the contract' but the city could do anything and he (the agent) would see that it was rezoned." When the defendant did in fact request the rezoning, it was not only denied, but the land was upzoned to residential. The defendant further testified that he would not have agreed to the sale price without the agreement to rezone. The court refused to sustain the Defendant's assertions stating: "appellant (defendant) under his testimony, knew the oral agreement was not and could not be put in the written agreement by the agent He knew he had to make an application to the Zoning Board and to the commission for Robert P. Grueter • July 23, 1973 Page 6 such rezoning Under the circumstances appellant cannot he heard to now claim he made an oral side agree- ment to the effect that the city's agent would secure from the Zoning Board and Commissioner a judgment or order in appellant's favor Appellant is charged with knowledge that such Board and Commission are bound to follow the evidence offered by all interested parties SUCH AN AGREEMENT, ON ITS FACE, WOULD BE VOID, AND COULD NOT CON- STITUTE A DEFENSE TO THE CITY'S CAUSE OF ACTION. The city, in positing the above case authority, in no wise agrees taht contractual or oral agreements comparable to those cited in these case were made but argues that even if Trueman were to assert and establish such provisions it would be of no avail in an action by the city for specific performance. Other caselaw of relevance follows: 1. In Andgar v Board of Zoning Appeals, 291 NYS 2d 991 (N. Y. 1968) the plaintiff sought to compel the issuance of a permit for a two family dwelling, a use admittedly prohibited by the present zoning. The plaintiff argued that before a recent zoning change the city had stipulated that plaintiff might proceed with a comprehensive development plan which plaintiff had submitted (and which showed two family dwellings). The court refused to enforce the stipulation. It noted the general rule that a developer must, to avoid the consequences of a rezoning, show substantial reliance on the zoning existant at the time of commencing his development. This generally requires actual construction. There was no evidence of that here. The city could not eliminate this requirement by its stipulation: "Under the circumstances, the granting of this right by the (city) constituted a gratuitous act and an abro- gation of its duty to maintain control over this facet of zoning in the area. While a municipality possesses the inherent right to compromise a claim against it, it may not, under the guise of a compromise, impair a public duty owned by it or give validity to a void claim. Municipal corporations have no power to make contracts which will embarrass or control them in the performance of their legislative powers." 2. In City of Knoxville v Ambrister, 263 SW 2d 528 (Tennessee 1953) the defendant had proposed to the city that if it were to rezone a certain tract of land to commercial, the defendant would dedicate a strip of land bordering the tract for public use. The city amended the zoning in accordance with the proposal. The defendant failed to make the dedication and Robert P. Grueter July 23, 1973 Page 7 the city brought suit to enforce the promised dedication. The issue was the ability of the city to enforce the agreement. The court held it had no such standing, that such an agreement was not enforceable. Quoting from Osborne v Allen, 226 SW2d 221 the court said: "Contracts made for the purpose of unduly controlling or affecting official conduct of the exercise of legislative, administrative and judicial functions, are plainly opposed to public policy. They strike at the very foundations of government and intend to destroy that confidence in the integrity and discretion of public action which is essential to the preservation of civilized society. The principle is uni- versal and is applied without any reference to the mere outward form and purpose of the alleged transaction." 3. In City of Farmer's Branch v Hawnco, 435 SW2d 288 (Texas 1968) the plaintiff had enjoined the city's planning commission from proceeding with hearings to rezone an area in which the plaintiff owned property. Plaintiff had attempted to show an agreement existed between he and the city by which the city agreed not to attempt to rezone. Plaintiff failed to show such an agreement but the court added: "But if such a contract had been entered into it would not have been valid. Our su- preme court has held that the passage of a zoning ordinance or amendments thereto is the exercise of a legislative power.... Here the trial court has attempted to restrain the City Planning and Zoning Commission from exercising its legislative function of holding public hearings in regard to the advisability of a change The courts have no such authority or power." As is evident by the above, the prohibition against abro- gation by a city of its power to rezone cannot, as a matter of law, be done, and this premise surfaces in many factual situations, some of which work to the detriment of the city itself. Conse- quently we cannot accept your proposed general warranty deed in which the reverter provision constitutes a guaranty of zoning. In sustance it is nothing more than a reassertion of your conten- tion that continued C -2 zoning was acknowledged consideration for the sale and that such zoning was guaranteed by the agreement. At the time of closing we must demand a general warranty deed exclusive of such conditions. Objections to Title Policy Submitted The city hereby acknowledges receipt of a commitment for title insurance on July 10, 1973. The provisions of the purchase and sale agreement require that, within 15 days of receipt thereof, we must make written objections thereto. This letter is intended Robert P. Grueter July 23, 1973 Page 8 to satisfy that requirement. There are fourteen exceptions listed in the insurance commitment: I would like to respond to each individually. 1. Exceptions 1, 2 and 3 are acceptable. ✓ 2. In reference to the private reservations of mineral rights noted in exception 4; the city hereby requests insurance against surface damages that may result from exercise of these reservations. 3. Exception 5 is acceptable. 4. The sewer easement to Klaus Obermeyer noted in excep- tion 6 was provided for in the purchase and sale agreement and is acceptable. 5. The access agreement to the Aspen One Company noted in exception 7 was provided for in the purchase and sale agreement and is acceptable. 6. The exception number 8 was agreed to by the parties in its purchase and sale agreement and is acceptable. 7. Exception 9 was agreed to by the parties in its pur- chase and sale contract and is acceptable. 8. Exception 10 was agreed to by the parties in its pur- chase and sale agreement and is acceptable. 9. Exception 11 is acceptable. 10. Exception 12 was agreed to by the parties in its pur- chase and sale agreement and is acceptable. 11. Exceptions 13 and 14 are acceptable. Conclusion The City of Aspen will be happy to close as soon as possible and after receipt of: 1. Trueman's general warranty deed incorporating the recent description amendment and exclusive of any conditions concerning zoning guaranties with respect to his remaining parcel of land; 2. A release of deed of trust which deed of trust is recorded at book 276 page 621 of the records of the Clerk and Recorder of Pitkin County; Robert P. Grueter July 23, 1973 Page 9 3. Insurance coverage for any surface damages that may result from the exercise of the private reserved mineral rights noted above; 4. A settlement sheet evidencing a proration of the 1973 taxes, insurance and rents, if any. Very truly yours, San ra M. Stuller City Attorney SMS:mw cc: Dave Ellis Russ Campbell Herb Bartel Members of City Council John Kelly, Colorado West Title Insurance • CIT ; ; ,. PEN aspen ,c . II box v MEMORANDUM TO: David Ellis, City Engineer FROM: Arthur C. Daily, City Attorney DATE: March 21, 1973 RE: Bus Terminal Lease between Denver and Rio Grande Western Railroad Co. and San Juan Tours, Inc. Attached is a copy of the captioned lease, dated October 10, 1969, and a copy of the March 20, 1973 letter from H. A. Phillips, Director of the Railroad's Land and Contract Department, con- firming that the Railroad will terminate the lease and remove the building prior to its closing with Trueman unless the City and San Juan Tours are able to reach agreement on a modified lease prior to that time. I feel that we ought to open negotiations as soon as possible with San Juan Tours, and would appreciate your thoughts - as well as those of Russ and Herb - on the following issues: 1. The leasehold presently encompasses 25,800 square feet, as depicted on the map attached to the Lease. Should this area be altered in any way? 2. The current rental is $60.00 per month, obviously far too low. What do you fed would be a fair monthly rental after the City acquires title? 3. I feel that some form of termination provision is essen- tial. What would be an appropriate time period within which the City - or the lessee - could give notice of termination without cause? 4. Are there any other modifications you feel ought to be made in this lease? If a fair rental is achieved, the continuation of this lease until such time as the City wants to occupy the property can only benefit the City. Let's discuss this after you've had an opportunity to go over the matter with the rest of the staff. cc: Mr. Russ Campbell Mr. Herb Bartel Ms. Eve Homeyer CITY'V ,, PEN aspen ,c , box v MEMORANDUM TO: Dave Ellis, City Engineer FROM: Arthur C. Daily, City Attorney DATE: March 16, 1973 RE: Railroad property Acquisition Attached hereto are copies of all of the Exhibits which are to be affixed to the railroad property purchase contract. These materials were delivered to me this morning, and I feel that before the Mayor signs the Contract we ought to verify the accuracy of the property description shown on Exhibit A. We can't afford any more Thomas property -type discrepancies. I know this is damn short notice, but is there any possibility of your Department's checking this description out bebre the Council meets on Monday, March 19 at 5 :00 P.M.? Tri -Co Management, Inc. is apparently preparing a survey map of this land, but I've not yet received a copy of it. You might want to check with them as to the status of this map. Please let me know if I can be of assistance in any way on this matter. cc: Ms. Eve Homeyer Mr. Herb Bartel Mr. Russ Campbell t x CIT 4 : - PEN aspen,c ._ -r " box v HAND DELIVERED MEMORANDUM TO: Chuck Gilkey, City Engineer FROM: Arthur C. Daily, City Attorney DATE: January 30, 1973 RE: Acquisition of Railroad property In reviewing Jim Trueman's title commitment on the railroad property, I've noted that there are a number of licenses and easements for access, water, sewer and other purposes which affect this property. Herb Bartel and I feel that the existence of these rights -of -way will have a definite affect on the market value of the property, and that the appraisers ought to have access to this information as soon as possible. It would seem that the most useful approach to this would be to have your Department locate each of these rights -of -way on a map of the property, perhaps in conjunction with the utility and street extension maps which are presently being prepared by the planning and Engineering Departments. Can you put this on your schedule for the near future? I don't have copies of the recorded intruments, but your secretary can obtain them from the courthouse with the following data: 1. Private Way License granted by document recorded 1/14/71 in Book 253 at page 107; 2. Water line easement granted by document recorded 7/11/69 in Book 241 at page 987; " , 3. Sewer line easement granted by document recorded 6/26/69 in Book 241 at page 810; 4. Highway easement granted by document recorded 8/21/53 in Book 180 at page 182. The title commitment also refers to a Survey prepared by Meurer, Serafini and Meurer under date of 6/7/66 which shows certain fence, fenceline and building encroachments. Since there may be adverse possessory claims based on those encroachments, it would be January 30, 1973 Page Two valuable to have a copy of this Survey. Can your Department, or Herb's, try to obtain one for the City? One final thought - when your secretary orders the above - listed documents from the courthouse, please ask her to obtain a copy of the Lease recorded 12/31/56 in Book 178 at page 443 as well, as the terms of this lease may also have some bearing on market value. Thanks for your assistance. Please let me know if I can help in any way. Axtriur C Daily, City Attorney ACD:mm cc: James E. Hegarty, Esq. Mr. Herb Bartel Mayor Eve Homeyer Mr. Russ Campbell C IT I },t ;f` P E N aspen ,c.` II,. box v its `: =: MEMORANDUM TO: Charles R. Gilkey, City Engineer FROM: Arthur C. Daily, City Attorney DATE: December 14, 1972 RE: Pipeline Crossing Agreement dated August 8, 1962 between The Denver and Rio Grande Western Railroad Company (Licensor) and The City of Aspen (Licensee). Pursuant to your memo of December 11, 1972, I've reviewed the caption Agreement with an eye to the potential effect of the pending sale of the "railroad property" (which I assume is the land covered by the Pipeline Agreement) to J.R. Trueman & Associates, Inc. I feel your concerns are well - grounded, in that under the Agreement the City has merely a license or permit to use the Rio Grande's property for its water line, which license automatically expires upon the sale of the subject property by the Rio Grande. Following consummation of such a sale, the City would have ninety (90) days in which to remove its lines and restore the land to its prior condition, or to work out a similar arrangement with the new owner, preferably in the nature of a permanent easement and right- of-way. I agree that the City ought to consider this situation, along with all of the other pertinent factors, in reaching a decision as . December 14, 1972 Page Two to whether to purchase or condemn the railroad property, but don't feel the matter should be given much weight. I don't know the extent of the City's lines in this area, but assume that everything is at least 4 feet beneath the surface. If this is the case, and if little or no maintenance, etc., is required in the area, it would seem that the lines present little or no interference with or danger to the surface develop- ment of the property. I would expect Trueman to be willing to grant the City an easement to continue to use the line as presently]ocated, with protections similar to those contained in the present Agreement, especially considering the numerous contacts Trueman will have with the City under the subdivision and zoning ordinances and the Building Code. And in the event Trueman proves too demanding, the City can always condemn the necessary right -of -way. Please let me know if you have fur the thoughts on this matter. Arth C. Daily cc: Mayor Eve Homeyer City Manager Dennis Veeder City Planner Herb Bartel a _ - tea v i ray CONTIXENTAL @E INO2 a REALTY ADW SOPS, 1NC. 231 SOUTH La SALLE STREET • SUITE 1607 • CHICAGO, ILLINOISXMOM 60604 312/828 -7320 December 7, 1972 Building Department Post= Office Box V Aspen, Colorado, 81611 Attention: Mr. Buettner. • Re: Trueman Property - 19 Acres Mill Road & Roaring Fork River Dear Mr. Buettner: In accordance_ with our recent telephone conversation, I am writing this letter to inquire about the sewer treatment plant located near Mr. Trueman's property. We have learned from other sources that the sewer plant on occasion overloads and emits a foul odor in the general area. We are considering lending money to Mr. Trueman for the acquisition of the property, and as such, are concerned about any detrimental effects the sewer treatment plant will have on the eventual development and sale of condominium units on the subject property. Any information that you can supply to us regarding the existence of other sewer treatment plants, the planning of future plants, and the overloading situation of the existing plant near Mr. Trueman's property, would be most helpful. I look forward to hearing from you in the near future. Very truly yours, Michael H. Bailie Vice President MHB:pf WHOLLY OWNED SUL,SIDIARY OF CONTINENTAL ILLINOIS CORPORATION HOLLAND & HART ATTORNEYS AT LAW 500 EQUITABLE BUILDING JOSIAH G, HOLLAND WARREN L.TOMLINSON DONALD 0 NINONEN MICHAEL D. WHITE S T E P H E N H H A R T BRUCE T. BVELL 730 SEVENTEENTH STREET RICHARD NOON JOSEPH N.DE RAISMES JOHN L. J. HART DON D. ETTER CHARLES T. BRANDT GRAHAM M.CLARK, JR. WILLIAM D. EMBREE, JR. JAMES T. MORAN DENVER, COLORADO 80202 ROBERT T CONNERY DAVID G.PALMER JAMES L.WHITE KENNETH O. HUBBARD RICHARD H. HART JUDITH BONNIE KO7LOFF PATRICK M, WESTFELDT ROBERT L.VER SCHURE HARADON BEATTY COLIN MONTGOMERY CLARK CLAUOE MMAER,JR. GORDON G. GREINER TELEPHONE AREA CODE 303 292 - 9200 ARTHUR C . DAILY MICHAEL D. MARTIN ROBERT P. DAVISON ROBERT H, DURHAM, JR. JEFFREY C. POND DAVID 0.OWEN JOHN FLEMING KELLY H, GREGORY AUSTIN ROBERT T. CLARK FRANK R. MORISON L W LIAM SCHMIDT, JR. CABLE ADDRESS HOLHART, DENVER BRUCE W. SATTLER WILLIAM C. McCLEARN JAMES P. LINDSAY JOHN HARKER JOHN ALLEN MOORE EDWIN 3. KAHN RANDY L. PARCEL BEN E,CHIDLAW SAMUEL P. GUYTON MOUNTAIN PLAZA BUILDING JAMES E, HEGARTY JOHN 5, CASTELLANO FIELD O. BENTON DENNIS M. JACKSON P. 0. BOX 1128, ASPEN, COLORADO 81611 DAVID BUTLER ROBERT E. BENSON J. MICHAEL FARLEY TELEPHONE 925-3476 AREA CODE 303 May 22, 1972 Mr. Leon Wurl, City Manager City of Aspen P.O. Box V Aspen, Colorado 81611 Dear Leon: In confirmation of our telephone discussions of last week, please be advised that in conjunction with the City's decision to open for public use a portion of the alley in Block 20, City of Aspen, our client J.R. Trueman & Associates has agreed to assume responsibility for maintaining the alley after it has been graded and gravelled and a proper curb cut provided by the City. This maintenance obligation will eventually be transferred to an association of owners of condominium units to be constructed on the South half of Block 20. Tri -Co Management, Inc. estimates that the opening of ap- proximately 120 lineal feet of the alley from Spring Street will be more than adequate for purposes of Trueman's proposed condo- minium development, and at the same time will not interfere with the one -story steel building which currently encroaches on the alley. You indicated during our last conversation that the City A does not intend to open the entire alley at this time anyway, and we would therefore like to suggest that the 120 -foot figure be used as a general guideline in notifying adjoining landowners and in the grading and gravelling phase. The Trueman organization does not, of course, wish to assume responsibility for maintaining any portion of the alley that may subsequently be opened beyond this point. If this arrangement meets with the approval of the City, we would appreciate your initiating as soon as it may be convenient the process of notifying the adjoining owners concerning the re- moval of their encroachments. Ken Baker of Colorado West Title Insurance Company has advised us that title to Lots 1 -5 of Block • HOLLAND & HART Mr. Leon Wurl, City Manager May 22, 1972 Page Two 20 is presently vested in Natalie Gignoux, and title to Lots 6 -9 in Nelson Smith and Shirley Claire Smith. Please feel free to contact me at any time if we may be of assistance in expediting the opening of the alley. Very truly ours, Arthur C. Daily for LLAND & HART ACD:mkl cc: J.R. Trueman & Associates, Inc. Jack Van Fossen, Esq. Albert R. Kern, Esq. Kenneth Baker, Esq . Mr. James F. Reser Mr. Richard Fitzgerald Section 1 Contract No 2 5 � - • •�� Form 3331 Rev. 5/59 PIPE LINE CROSSING AGREEMENT 8th day of Au , 19 62 , by and between THIS AGREEMENT, Made and entered into this. THE DENVER AND RIO GRANDE WESTERN RAILROAD COMPANY, a corporation of the State of Delaware (here- CITY OF ASPEN, a Municipal inafter called "Railroad Company "), party of the first part, and corporation of Colorado, (hereinafter called "Licensee "), party of the second part, WITNESSETH: Section 1. The Railroad Company, for and in consideration of the covenants and agreements herein set out, to be by Licensee kept, observed and performed, hereby licenses and permits the Licensee, subject to the terms and condi- tions hereinafter stated, to construct and thereafter to maintain and operate the pipe line or pipe lines hereinafter described (hereinafter called "Pipe Line ") upon or along or across the right of way and under the track or tracks of the Railroad Company as herein specified, to -wit: The encroachment of an 8 -inch diameter oast iron water main with slip joints ce.�inning at an existing well No. 2, opposite Mile Post 401 plus 2700 feet of the chin track of the Aspen Branch of The Denver arid.Pio Grande Western Railroad. CO22pany and continuing North 74 degrees 19 minutes west about (h foot to a point on the soutmes r•rly right of tiny line opposite 4ile Post 401 plus 2636 feet, where it leaves the property of the LiCeiiaor, and thence again enter - ing said property about 18 0 feet southwesterly from the centerline of the said Aspen Branch main track opposite rilc Post 40]. plus 2260 feet end continuing g uorally northwesterly about 649.o foot to Well flo. 3 being about 282 feet southwesterly fro' the centerline of the said track opposite 4111, Pont 401 plus 1502 fee,:, as shown on the attached map flo. AR -72. Said pipe line to be placed not less than 4.0 feet below the ground line on said property. The foregoing Licence is subject and subordinate to the prior and continuing right and obligation of the Railroad Company to use and maintain its entire Railroad right of way in the performance of its public duty as a common carrier, and is also subject to the right and power of the Railroad Company to construct, maintain, repair, renew, use, operate, change, modify or relocate additional railroad tracks, telegraph, telephone, signal or other wire lines, pipe lines, and other facilities, structures or improvements upon, along or across any or all parts of said right of way and said Pipe Line, all or any of which may be freely done at any time or times by the Railroad Company, without liability to the Licensee or any other party for compensation or damages. in the event the Railroad Company elects to construct addi- tional railroad tracks, structures or improvements upon its right of way and over and /or across said Pipe Line, the Licensee shall, upon notice of such election, extend said Pipe Line according to such plans and specifications as the Railroad Company may prescribe. The foregoing License is also subject to all outstanding superior rights (including those in favor of telegraph and telephone companies, lessees of said right of way and others) and the right of the Railroad Company to renew and extend the same. Section 2. The Licensee agrees to use the Pipe Line for the following purposes and for no other, to-wit: 1u ter. Section 3. The Licensee agrees to pay to the Railroad Company, in advance, the surn of $.__._ -pjrLe a- consideration for the License herein granted. a i r re; re •v, c,-' • Section 4. The Pipe Line shall be constructed, ope rated, maintained, repaired, extended, renewed and /or reconstructed by the Licensee in strict conformity with specifications prescribed by the Chief Engineer of the Railroad Company and in such manner and according to such plans as said Chief Engineer may deem best for the safety and proper protection of the tracks, roadbed and premises of the Railroad Company. The Licensee shall keep and maintain the soil over the Pipe Line thoroughly compacted and the grade even with the adjacent surface of the ground. All work performed on said right of way in connection with the construction, maintenance, repair, extension, re- newal or reconstruction of the Pipe Line shall be done under the supervision and to the satisfaction of the Railroad Company. If the Railroad Company shall elect to construct said Pipe Line or a portion thereof, and shall so notify the Licensee, the Licensee agrees to pay the Railroad Company, in advance. such sum of money estimated to be $ as shall be necessary to construct such portion or all of said Pipe Line, including the cost of all necessary material and the transportation thereof and the cost of all labor and superintendence. If the amount to be advanced by the Licensee as herein provided should be in excess of the amount required, the excess shall be returned to the Licensee; if such amount should not be sufficient to cover the expense of work done by the Railroad Company, the Licensee shall pay such additional amount to the Railroad Company on demand. Prior to the commencement of any work by the Licensee in connection with the construction, maintenance, repair, extension, renewal or reconstruction of the Pipe Line where it passes underneath the roadbed and tracks of the Rail- road Company, the Licensee shall submit to the Railroad Company plans setting out the method and manner of handling the work, and shall not proceed with the work until such plans shall have been approved by the Chief Engineer of the Railroad Company, and then only under the supervision. of said Chief Engineer, or his authorized representative. The Railroad Company shall have the right, if it so elects, to provide such support as it may deem necessary for the safety of its said track or tracks during the time of construction, maintenance, repair, extension, renewal or reconstruction of the Pipe Line, and in the event the Railroad Company provides such support, the Licensee shall pay to the Railroad Company, within 15 days after bills shall have been rendered therefor, all expense incurred by the Railroad Company in connection therewith, which said expense shall include all assignable costs plus 10 percent (10%) to cover elements of expense not capable of exact ascertainment. Section 5. The Licensee shall notify the Railroad Company at least 48 hours in advance of the commencement of any work upon said right of way in connection with the construction, maintenance, repair, extension, renewal or recon- struction of the Pipe Line except in cases of emergency when work is necessary to avert loss or damage to the property of the Railroad Company. Section 6. The Licensee shall bear the entire cost and expense incurred in comtection with the construction, main- tenance, repair and renewal, and any and all modification, revision, extension, relocation, removal or reconstruction of the Pipe Line, including any and all expense which may be incurred by the Railroad Company in connection there- with for supervision or inspection, or otherwise. Section 7. The Railroad Company, however, shall have the right, if it so elects, though it shall be under no obliga- tion whatsoever to do so, to make necessary or proper repairs, or to reconstruct said Pipe Line, notwithstanding Lhe obligation of the Licensee to maintain, repair and reconstruct, and, in the event the Railroad Company at any time elects to repair or reconstruct said Pipe Line, the Licensee shall, upon presentation of estimate, advance such sum of money as the Chief Engineer of the Railroad Company may deem necessary for such repair or reconstruction, or, upon bill being rendered for work already done, the Licensee shall reimburse the Railroad Company for the cost of such repair or reconstruction. The optional right of the Railroad Company at any time to make repairs or to reconstruct said Pipe Line, shall in no manner or degree relieve the Licensee from responsibility to the Railroad Company or other persons or corpora- tions for the failure of the Licensee to properly maintain or reconstruct said Pipe Line or any structure which the Licensee agrees hereunder to maintain and reconstruct. Section S. The Licensee shall, at its sole expense, make any and all modifications or changes in the Pipe Line, or move all or any part thereof to such new location as may be required by the Railroad Company at any time, in con- nection with the const: action, maintenance, repair, renewal, use, operation, change, modification or relocation of railroad tracks, telegraph, telephone, signal or other pole and wire lines, pipe lines and other facilities, structures or improve- ments of the Railroad Company, upon said right of way. All the terms, conditions, and stipulations of this agreement, with reference to the construction, maintenance, repair and renewal of the Pipe Line on said right of way, in the location hereinbefore described, shall apply to the Pipe Line as modified, changed or relocated within the contemplation of this section. Section 9. The Pipe Line shall be constructed and, at all times maintained, repaired, extended, renewed and oper- ated, in such manner as to cause no interference whatsoever with the constant, continuous and uninterrupted use of the tracks, property and premises of the Railroad Company, and nothing shall be done or suffered to be done by the Licensee at any tune that would in any manner impair the safety thereof. Section 10. Licensee shall fully pay for all materials, joined or affixed to, and labor performed upon, said right of way in connection with the construction, maintenance, repair, extension, renewal or reconstruction of the Pipe Line, and shall not permit or suffer any mechanics' or materialmen's liens of any kind or nature to be enforced against said right of way for any work done or materials furnished thereon, at the instance or request, or on behalf of the Licensee, and the I: tenses shall indemnify and hold harmless the Railroad Company from and against any and all liens, c!ed;r_s, de- mands, costs and expenses of whatsoever nature, in any way connected with or growing out of such work done, labor performed, or materials furnished. The Licensee shall promptly pay or rlischorge all taxes, rates, charges and assessments levied upon, in respect to, or on account of the Pipe Line so as to prevent the same becoming a charge or lien noon said right of way, or any other property of the Railroad Company, and so that the taxes, charges and assessments levied upon or in respect to • said right of way and other property of the Railroad Company shall not be increased because of the location, construc- tion or maintenance of the Pipe Line, or any improvement, appliance or fixture connected therewith, placed upon said right of way, or on account of the Licensee's interest therein. Where such tax, charge or assessment may not be sepa- rately made or assessed to the Licensee but shall be included in the assessment of the right of way, or other property of the Railroad Company, then the Licensee shall pay to the Railroad Company an equitable proportion of such taxes, determined by the value of Licensee's property upon said right of way as compared to the entire value of said right of way. Section 11. In the event the Licensee shall take down any fence of the Railroad Company or in any manner move or disturb any of the other property of the Railroad Company in connection with the construction, maintenance, repair, extension, renewal or reconstruction of the Pipe Line, then and in that event the Licensee shall, as soon as possible, and at its sole expense, restore such fence and /or such other property to the same condition as it was in before such fence was taken down or such other property was moved or disturbed, and the Licensee shall indemnify and save harmless the Railroad Company from and against any and ail liability, loss, damages, claims, demands, costs and expenses of whatsoever nature, including court costs and attorneys' fees, which may result from injury to or death of persons whom- soever or damage to or loss or destruction of property whatsoever, when such injury, death, damage, loss or destruction grows out of or arises from the taking down of any fence or the moving or disturbing of any of the other property of the Railroad Company. Section 12. In the event the Railroad Company shall dispose of any of its property upon which the Pipe Line is / located, as herein provided, the License or permit herein granted with respect to the portion of the Pipe Line located upon the property so disposed of, shall forthwith cease and determine. Section 13. The Licensee shall indemnify and hold harmless the Railroad Company from and against any and all liability, loss, damage, clams, demands, cost and expenses of whatsoever nature, including court costs and attorneys' fees, which may result from injury to or death of persons whomsoever, or damage to or loss of or destruction of property whatsoever (including damage to the roadbed, tracks, equipment, or other property of the Railroad Company or prop- erty in its care or custody) whether such injury, death, loss, destruction or damage grows out of or arises from the burst- ing of or leaks in the Pipe Line, or the explosion or ignition of gas or oil carried therein, or escaping therefrom, or in any other way whatsoever is due to, or arises because of, the existence of the Pipe Line or the operation, construction, maintenance, repair, extension, renewal, modification, reconstruction, revision, relocation or removal of the Pipe Line, or any part thereof, or to the contents therein or therefrom. And the Licensee does hereby release the Railroad Company from ail liability for damages on account of injury to the Pipe Line from any cause whatsoever. Neither the right of supervision by the Railroad Company of the location, construction, maintenance, repair, exten- sion, renewal, reconstruction or relocation of the Pipe Line, nor the exercise or failure to exercise said right, nor the approval or failure to disapprove by the Railroad Company of the location, construction, maintenance, repair, extension, renewal or reconstruction of said Pipe Line, nor the election of the Railroad Company to repair or reconstruct the whole or any part of said Pipe Line shall be deemed a waiver of the obligation of the Licensee contained in this section, or a release therefrom or from any other obligation of this contract resting upon said Licensee that is hereinbefore or here- inafter expressed or implied. Section 14. For the further protection of the Railroad Company, the Licensee, before any work is begun, agrees to procure and maintain at Licensee's own expense, in a U ' person, $ `s . cornpany qcceptable to the Railroad Company, Comprehen- sive General Liability tun,.li! r} its of 'L _ 7 U. one n ci P^ Y Insurance in min }?rt , one accident for bodily injury, and $ 1 v..i for property damage, which policy shall specifically insure the liability assumed by the Licensee under Sections 11 and 13 of this agreement. Licensee shall furnish the Railroad Company Certificates of Insurance, in duplicate, evidencing such insurance to be in full force and effect and that the same will not be cancelled without at least fifteen (15) days' advance written notice by Insurance Company to the Railroad Company's Insurance Department, 1531 Stout Street, Denver, Colorado. rt u hereto and hereby made a r", Se Exhibit A a.tta.Ched art hereof. This his section shall be applicable only if installation of the facilities referred to in Section 1 hereof is performed by other than employees of the City of Aspen, Colorado. Section 15. Disuse of the Pipe Line continuing, at any time for a period of one year, shall constitute an abandon- ment thereof, and in the event of such an abandonment the Railroad Company may, at its option terminate this agree- ment. If the Licensee shall fail to keep and perform all or any of the covenants and agreements herein contained, to be by it kept and performed, or if the Licensee shall fail to make any of the payments which it is obligated to make here- under, and such default shall continue for a period of thirty (30) clays after written notice from the Railroad Company to the Licensee, specifying such default, then the Railroad Company may, at its option, forthwith terminate this agree- ment. Notwithstanding anything to the contrary herein contained, it is agreed that if at any time the maintenance and operation of said Pipe Line shall be inconsistent with the use by the Railroad Company of its right of way for railroad purposes, this License shall immediately cease, ipso facto. Section 16. Within ninety (90) days after the termination of this agreement howsoever, the Licensee shall, at its sole expense, remove the Pipe Line from those portions of said right of way not occupied by the roadbed and track or tracks of the Railroad Company and shall restore, to the satisfaction of the Railroad Company, said portions of said right of way to as good condition as they were in at the time of the construction of the Pipe Line, and if the Licensee fails so to do, the Railroad Company may do such work of removal and restoration at the expense of the Licensee. The Railroad Company may, at its option, upon such termination, at the expense of the Licensee, remove the portions of the Pipe Lino located underneath the said i dt d and tract: or tracks and restore said roadbed to as good condition as it was in at the time of the construction of the Pipe Line, or it may permit the Licensee to do such tvork of removal or restoration under ti 0 supervision of the Railroad Company. In the event of the removal of the 1 'ipe Line as in this section provided, the Railroad Coml. :,11y s 4e.11 in Ito manner be 1ia')la to the Licensee for any damage sustained by the Licensee for or on account of such removal, and such removal shall in no mama: prejudice or impair a ny right of action for damages or otherwise that the Railroad Company may have against the Licensee. • Nothing in this section contained shall obligate the Licensee to remove the Pipe Line because of the termination of this License under the provisions of Section 12 hereof, in cases where the Licensee shall have made arrangements for the continuation of the Pipe Line with the grantee or grantees of the Railroad Company. Section 17. The waiver by the Railroad Company of the breach of any condition, covenant or agreement herein contained, to be kept, observed and performed by the Licensee, shall in no way impair the right of the Railroad Com- pany to avail itself of any subsequent breach thereof. Section 18. The Licensee shall not sublet, in whole or in part, the License herein granted, and shall not assign this agreement without the written consent of the Railroad Company, and it is agreed that any transfer or assignment, or attempted transfer or assignment of this agreement, or any of the tights hereby granted, whether voluntary, by opera- tion of law, or otherwise, without such consent in writing, shall be absolutely void, and, at the option of the Railroad Company, shall terminate this agreement. � - i Section 19. This agreement shall take effect as of the ^ day of L.`� G��... 19 �; and shall continue in full force and effect until terminated as herein provided. Section 20. Subect to the provisions of Section 18 hereof, this agreement shall be binding upon and enure to the benefit of the parties hereto, their heirs, executors, administrators, successors and assigns. • IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed in duplicate as of the date first herein written. THE DENVER AND RIO GRANDE WESTERN RAILROAD COMPANY By 1,�..f ` " .Li d/..fe J Chief Engiiiter CITY OF ASPEII Licensee ATTEST: By P =.aror r% City Clerk u, 4....■••••••••~.~11 1 1 I /I / 1 r i - .1 r 1, T AS. 1.L.R.E N O. 1 . 0 1)- , --'A , DENW.P March 24, 1970 coNrd±c? NO, A dip , LT:f1S 9.0, li 15812 Wird r At t :chi LAr..?.to is er1J zt cr cf LEASE 15812 NAME: SAN JUAN TOURS, INC. isiDonas:;: • CITY !:3M STATZ : WCATION : ' Aspen, Colorado DATED: October 10, 1970 Weig31717WE IV:-.TE: December 15, 1969 ENIMA::X01 PAM: December 15, 1974 RiATAL LATE: $60.00 per month . LICE'S : ICE: PURPUM Passenger and Freight Bus Terminal, including fueling facilities. r E }! 1,:nn!, Mote: if ta a. is recKfrL:, - ,:r this nge,terinnt: ( ) fle.-4rg cdv whcln vr:k cu:npl.st8d aad incttYv.ric- na lottger nccf0ary, ( ) Iar,unaeze covevasi:! ig varp:p.til. ( ) lavurs:gce pY:virloc It)2t ytt cmf.plIcrl with, DJ NOT FERMI:: ENTRX CI RAILROAD PROPEWY cc: JET - c:)p!) ,:itst!hgd. Alec: nt.nched to fglly ext,gutcd duplicate crigit4:1 for dclAvE to ( ) Daplic:ILF or:IgirLaI picked up. ( ) Do.plix or: fol.:iiprdr direat. RKB (x) Duplicate original for Lessee. Thia dcummt gvnc,:t•s cnd suplIrredos dated cc: wss - Copy ettechei. ) CRL RCC HWB JLW • Lease No. • THIS LEASE, made and entered into.thisiOth day of October 196 9 , between THE DENVER AND RIO GRANDE WESTERN RAILROAD COMPANY a Delaware corporation, hereinafter called "Lessor ", and SAN JUAN TOURS, INC., a Colorado corporation hereinafter called "Lessee ", WITNESSETH, That: 1. The Lessor, in consideration of the rents to be paid and the agreements to be performed by Lessee, hereby leases to Lessee premises situate in County of Pitkin State of Colorado to -wit: (a) DESCRIPTION - An irregular tract of land being a part of l e the property of the Lessor at Aspen, Pitkin County, , tg Colorado, bounded on the west by a line parallel with and 40 feet westerly from the east line of Spring Street, on the north by the northerly right -of -way v C-n line of the Lessor, on the east by the easterly right- of -way line of the Lessor, and on the south by the g e southerly right -of -way line of the Lessor, as shown on the attached map No. 2016, containing ;i 25,800 square feet, more or less. (b) TERM - To have and to hold said described premises from December 15, 1969 to and until December 15, 1974 unless sooner terminated as hereinafter provided. 2. RENT, TAXES AND CHARGES: Lessee agrees to pay Lessor a rental of SIXTY AND N0 /100 DOLLARS ($ *60.00* ), Per month , payable monthly in advance. Lessor shall during the term of this lease, or any extended term, pay or cause to be paid all taxes, assessments and assessments for public improvements levied and assessed against the leased premises; and Lessee shall pay, or caused to be paid, all taxes, assessments and assessments for public improvements levied and assessed against any improvements placed upon the leased premises by Lessee. In the event the taxing authorities shall fail or refuse to assess the improvements placed, erected or constructed on the leased property by the Lessee, in the name of the Lessee, but shall render tax statements for the land and improvements in the name of the Lessor, all such taxes and assessments shall be paid by Lessor before same become delinquent, and Lessee agrees to reimburse Lessor for the full amount of all such taxes and assessments against the improvements within thirty (30) days after receipt of bill therefor; and it shall be the sole obligation of Lessee to determine the assessments made against said improvements and to take whatever action is necessary to modify or change such assessments for a particular year, and, if Lessee shall be dissatisfied with the assessment for a particular year, Lessee shall notify Lessor not later than the first day of January in the succeeding year that Lessee desires to have said taxes and assessments paid under protest, and Lessee shall at Lessee's sole cost and expense prosecute all actions for the recovery of any such taxes and assessments; and, if any such suit shall re- sult in the imposition of additional taxes or assessments with respect to said improvements, Lessor shall pay such additional taxes and assessments and Lessee shall, within thirty (30) days after receipt of the bill therefor, reimburse Lessor for such additional taxes and assessments so paid, but if such suit shall result in refund, Lessor shall pay to Lessee the amount of such refund within thirty (30) days after receipt of the same from the taxing authority. Lessee shall also pay all charges and assessments for water, • gas and electricity used or consumed by Lessee upon the leased premises. 3. USE OF PREMISES: Lessee agrees to use said described premises for the following purposes and for no other to -wit: Passenger and Freight Bus Terminal, including fueling facilities 4. IMPROVEMENTS - Lessee shall maintain all improvements whatsoever which on the date hereof exist upon the leased premises and it is agreed that Lessee may construct improvements upon the leased premises consistent with the purposes of this lease, provided always, however, that the style and type of construction shall be subject to approval by Lessor. All improvements on the leased premises including those which on the date hereof exist upon said premises and those hereafter constructed on said premises shall, during the continuance of this lease, be maintained and painted by the Lessee to the satisfaction of the Lessor, and at all times be kept by the Lessee in a state of good repair. All improvements heretofor or hereafter constructed upon the leased premises shall be deemed to be attached to the land and to be the property of the Lessor, subject to the conditions hereinafter stated; provided, however, that if at the termination hereof Lessee shall have fully paid the rent herein reserved and shall in all other respects have -2- faithfully kept, observed and performed the agreements hereof, then such improvements on said leased premises as may have been purchased by Lessee or erected or placed upon the leased premises by the Lessee shall upon such termination become the property ofythe Lessee and said Lessee may, or at the request of Lessor, shall, within thirty (30) days after termination of this lease, remove at Lessee's sole expense such improvements on said leased premises as may have been purchased by Lessee or erected or placed upon said premises by said Lessee and restore said premises to substantially their former state in accordance with the provisions of Section 21 hereof, but if Lessee shall be in default upon the termination of this lease, then such improvements on said leased premises as may have been purchased by Lessee or erected or placed upon said premises.by Lessee, shall remain the exclusive property of the Lessor; provided further, how- ever, that if at the termination hereof Lessee is in default in any of the agreements herein contained and Lessor shall nevertheless desire Lessee to remove such improvements on the leased premises as may have been purchased by Lessee or erected or placed on said premises by Lessee, and shall so notify Lessee, then all such improvements shall upon such termination become the property of Lessee and Lessee shall remove the same from the leased premises and restore said premises • to substantially their former state in accordance with the provisions of Section 21 hereof. 5. LIENS: It is expressly understood and agreed by and between Lessor and Lessee, and notice is hereby given to all persons, firms or corporations dealing with Lessee in respect of the leased property, that nothing herein is intended or shall be construed so as to authorize Lessee, or any person dealing through, with or under Lessee, to charge the leased property, or any interest of the Lessor therein, or in this lease, with any mechanics' liens or other statu- tory liens whatsoever; but, on the contrary, notice is hereby given to all persons, firms or corporations dealing through, with or under. Lessee, that the right and power to charge any such lien against Lessor and /or the leased property is expressly denied. Lessee covenants and agrees that Lessee will not permit any material, labor or other lien to attach to said leased property, contrary to the intent of the parties and the notice hereir_above given, which may effect the title of Lessor to the leased property, and, in the event any such lien shall be recorded, Lessee agrees, within thirty (30) days after such recording, to cause the same to be duly released of record. Lessee further covenants and agrees that, in the event any such lien is placed of record, Lessee will pay Lessor the sum of Ten Dollars ($10.00) for each such lien, in addition to all other expense agreed to be paid by Lessee in con - nection therewith, to cover. Lessor's expense in respect to such liens. Lessee also further covenants and agrees that Lessee will -3- 4 p \ • . • `./ protect, save harmless and defend Lessor at Lessee's sole cost and expense, from and against all actions, and that Lessee will satisfy all judgments, in any manner predicated upon any such lien suffered • or permitted to be filed or recorded by Lessee. Nothing herein shall be construed so as to prevent Lessee from contesting any such lien, provided that Lessee shall exercise reasonable diligence in respect thereof, and the time for releasing any such lien as here - inabove provided, shall be extended, in event of suit, to date of entry of judgment or decree.. 6. INSURANCE: During the term of this lease, or any extension thereof, Lessee will cause any policies of fire insurance, covering fixtures, stock -in- trade, improvements and other property of Lessee located upon said premises to be so written that, in event of loss thereof or damage thereto by fire, no insurance company shall be subrogated to the right of Lessee or shall have recourse against the Lessor, its successors or assigns, for such loss or damage. 7. COMPLIANCE WITH LAWS: Lessee agrees to comply with all applicable laws and ordinances and with all lawful orders, rules, regulations, specifications and requirements issued thereunder, in respect to Lessee's use of said premises. 8. CARE OF PREMISES: Lessee shall at all times maintain said premises in safe, clean and sanitary condition. 9. ARTIFICIAL LIGHTING: Artificial lighting in pump houses, warehouses, or other enclosures where oil or other flammable fluid supplies are handled or stored, except when in unbroken original containers, shall be by electricity, and all electrical installations on such premises shall conform to and be maintained in accordance with "National Electrical Code ", Article 32, and in accordance with the recommendations for such locations as are embodied in the National Electrical Safety Code, and also in accord- ance with the requirements of any local ordinance or State or Federal laws, or the lawful rules, regulations and requirements thereunder, which may be in effect during the term of this lease. 10. LIEN OF MORTGAGES: This lease and all rights granted hereby are and shall remain subject to the liens of the First Mortgage and of the Income Mortgage of The Denver and Rio Grande Western Railroad Company, both dated as of January 1, 1943, and all amendments or supplements to any of said mortgages now in effect or hereafter affected. 11. INDEMNITY: It is agreed as one of the material con - siderations for this lease and without which the same would not be . granted by the Lessor, that the Lessee assumes all responsibility for and agrees to hold harmless and indemnify the Lessor from and against all damage to property of the Lessee or to any other property on said leased premises, regardless of Lessor's negligence, arising from fire howsoever caused. The Lessee also shall indemnify and hold harmless the Lessor from and against any and all liability, loss, damage, claims, demands, actions, causes of action, costs and expense of whatsoever nature growing out of injury-to or death of persons whomsoever in- eluding without limiting the generality of the foregoing, the officers, agents, servants and employees of the parties hereto, or the loss or destruction of or damage to property whatsoever of persons whomso- ever, including the parties hereto, and their employees, when such injury, death, loss, destruction or damage occurs on the leased premises or results from or arises in any way in connection with, or incident to the occupation or use of the leased premises by, or the presence thereon of, the Lessee, the Lessee's officers, agents, servants, employees, patrons, licensees, or invitees, except when caused solely by the negligence of the Lessor. 12. NOTICE: Any notice given by Lessor to Lessee shall be deemed to be properly served if the same shall be mailed to Lessee, United States mail postpaid. 13. ASSIGNMENT OR SUBLETTING: Any assignment of this lease or any subletting of the above described premises for other than bus terminal without the written consent of Lessor first had and obtained, shall be void and of no effect whatsoever, and shall constitute a default under this lease. 14. DEFAULT: If default shall be made in any of the agree- ments herein contained to be by the Lessee kept and performed, or if Lessee shall abandon the leased premises, it shall be lawful for Lessor, with or without notice, to declare this lease ended, and to re -enter said premises, either with or without process of law, and to expel, remove and put out, using such force as may be necessary in so doing, the Lessee or any other person occupying or being in or upon the same and the said premises again to reposess and enjoy as of its former estate. 15. CONSTRUCTION AND TERMINATION CLAUSE: It is mutually agreed that this lease is made upon the express condition that Lessee shall construct a building or plant to be used for the purpose set forth in Section 3 of this lease, and it is further agreed that if Lessee shall not have commenced construction of the same within one (1) year from the date of this lease, then the Lessor, at its option, may cancel this lease upon thirty (30) days' written notice to the Lessee. The term "commence construction" as used herein shall mean completion of the pouring of all foundations and com- pletion of the floor slab of the building or plant. • -5- • It is agreed that any time said described tract of land • is not used for a continuous period of six (6) months, said Railroad Co, may, at its election, terminate this lease upon giving the Lessee thirty (30) days' written notice of such termination; rent shall be paid by Lessee to date of termination fixed by said notice and if rent has been paid in advance, the proportionate amount for the un- expired term shall be returned to the Lessee. 16, OTIER AGREEMENTS: This lease embodies the entire understanding of the parties hereto with respect to the use of the above described premises by Lessee, hereby cancelling and super- seding all other agreements, verbal or written, heretofore exist- ing between the parties hereto respecting the leased property. 17. SUCCESSORS: Except as hereinabove limited, this lease shall inure to the benefit of and be binding upon the parties hereto, and their respective heirs, executors, administrators, successors and assigns. 18. VACATION OF PREMISES: The Lessee covenants and agrees to vacate and surrender the quiet and peaceable possession of the leased premises upon the termination of this lease howsoever. Within thirty (30) days after such termination the Lessee, subject to the provisions of Section 4 hereof, shall (a) remove from the premises at the expense of the Lessee all improvements, structures and other • property, not belonging to the Lessor and (b) restore the surface of the ground to as good condition as the same was in before such struc- tures were erected, including among other things the removal of foun- dations of such structures, the filling in of all excavations and • pits, and the removal of all debris and rubbish, all at the Lessee's expense; failing in which the Lessor may perform the work and the Lessee shall reimburse the Lessor for the cost thereof within thirty (30) days after bill is rendered. In case of Lessee's failure to remove said improvements, structures and other property as provided for in this Section 21, the same shall upon the expiration of said thirty (30) days after the termination of this lease become and thereafter remain the property of the Lessor, and if within ninety (90) days after the expiration of such thirty -day period the Lessor elects to and does remove or cause to be removed said improvements, structures and other property from the leased premises and the market value thereof on removal or of the material therefrom does not equal the cost of such removal, plus the cost of restoring the surface of the ground as aforesaid, then the Lessee shall reimburse the Lessor for the deficit within thirty (30) days after bill rendered, -6- 19. If the whole or any part of the premises hereby leased or adjacent property or facilities of the Lessor shall be taken under the power of eminent domain, then Lessor shall have the right to terminate this lease as of the day possession of either shall be taken and Lessee agrees to hold harmless the Lessor, from and against any and all liability, loss, damage, claims, demands, action, causes of action, costs and expenses of whatsoever nature growing out of or incident to the termination of this lease. • 20. EXTENDED TERM: Lessor will extend the terns of this lease for a second five -year and third five -year term, if so desired by Lessee. Such extended term or terms shall be upon the same terms and conditions as are set forth in this lease except with respect to rent which shall be subject to adjustment and revision, at the option of Lessor, at the end of the first and each five -year term. { 21. Notwithstanding anything to the contrary herein con- tained, this lease may be cancelled should property be required by Lessor for other uses; provided, however, that Lessor shall provide an alternate site more compatible for the purpose herein specified. It is further understood that all expenses involved in relocation as aforesaid, shall be borne by Lessee, and rental adjusted in accordance with methods hereinbefore stated. Within ninety (90) days prior to the expiration of the first term hereof, Lessee shall notify Lessor in writing whether or not it desires to extend the term of this lease for an additional five -year term. Within thirty (30) days thereafter, Lessor shall advise Lessee in writing whether or not, as aforesaid, Lessor will extend this lease for such additional five -year term, and, if so, the amount of annual rent to be paid during such term adjusted and revised to reflect a fair rental return to Lessor upon the then present day value of the leased premises; and Lessee shall advise Lessor in writing within fifteen (15) days thereafter of acceptance of the extended five -year term at the revised rent, otherwise this lease shall terminate, It is mutually understood and agreed that in the determination of the rentals for such extended term, consideration shall be taken on: (1) The then value of the property in its unimproved condition, (2) the enhanced value of said property due to any assessments for public improvements which may have been paid by Lessor from the effective date of this lease to date of appraisement, or any monies expended by Lessor in lieu thereof, (3) other pertinent and recognized factors entering into real estate appraisals, and (4) a fair monthly return based on the then present day value of the property; and no rentals for any extended term of this lease shall be lower than said sum of $60,00 per month . or rents lower than those which may be required to be fixed by Federal or State laws or the lawful regulations or orders made or entered pursuant thereto. IN WITNESS WHEREOF, the parties have executed this lease in duplicate the day and year first above written. THE DENVER AND RIO GRANDE WESTERN RAILROAD COMPANY i .sic --. 1 �cuuc,, \,„ . 40-0.c,, et,.w,u s - -- BY Execu . Vice President and •feral Manager SAN JUAN TOURS INC, Lessee ATTEST: o/ : 0 B \ tl r��i .F / � I f d f w t President' O r SJetar/ • • . A .c. _ � , • .....- ... 1 fy n - j /, ■ J ` - fit ST9 4 _____ __ ._____ c<t. , _ \ ‘.. I:i) r ------ / 1 ,...: __ CO r . _....._ ___ ____ ---- --- ---------- . 1 tt-7 I_ . ._._ ..., c.) i --____ ,, ______ .4, ,, , N. Cm 11 ( w " ti / H ------.----- ' / 5 Sec. (h r f _ _ \ �! r 4 � ti ■ ;"ice-. . . ^ • 1---7--t:‘(‘4 em \___ � �_� - a +i ice. ♦ o ' 1 \ ( o. ^'� • h • Sr. � .,& ; '� o f ,7_,,,,,,,.::_.. re ♦; — 15), G. -------- .._ - \ r / 4 ; � N t` v cc 1 et x \ ; h / ti / A/ • A'�3'q �n c : t: ' '. 1 1 IU ` ♦ � e y .� ' =e DSO gip • � ,o _� \ r I - \see. .9. y \ ' • \\ �..�.. 0) . \ $, R_G♦W. TAR CO, 1 -`m ` \- / PITKIN CO. COLD• .\111 Scale l'- 100 \ 1 Ia se to I / SAN JUAN TOURS, INC. ■ I ` LE ASE NO., • i. . . •. ., ... • ' tl_ -_ F'� t _.ds „ !':.W,'Ir \''L"r °. , >: T i 'r!'k +!!."+�_C ✓10`.�,fa '+!a ._ ffi' y � � AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY FORM B- 197 I,w (Amended 10- 17 -70) 06- 005 -04 -03371 CHICAGO TITLE INSURANCE COMPANY A i SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS CONTAINED IN li' SCHEDULE B AND THE PROVISIONS OF THE CONDITIONS AND STIPULATIONS HEREOF, ' p, CHICAGO TITLE INSURANCE COMPANY, a Missouri corporation, herein called the Company, 1 insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the amount of I , insurance stated in Schedule A, and costs, attorneys' fees and expenses which the Company may become obligated to pay hereunder, sustained or incurred by the insured by reason of: 1. Title to the estate or interest described in Schedule A being vested otherwise than as stated therein; g 1 2. Any defect in or lien or encumbrance on such title; kl 3. Lack of a right of access to and from the land; or {II 4. Unmarketability of such title. 1 w. I�Iu.. Fri i In Witness Whereof, CHICAGO TITLE INSURANCE COMPANY has caused this policy to be signed S and sealed as of the date of policy shown in Schedule A, the policy to become valid when countersigned cTI *1 b y an authorized signatory. �1! l ,' . CHICAGO TITLE INSURANCE COMPANY it By ' ....... � t, s . President. C � Hn p' OOOPOR4rc c\ ATTEST: ' O as ' rvt.ea e + 9 1 ;. • 't"x;/ rw Secretary. Ii41 10. Fit •'> IP • IMPORTANT ;7 This policy necessarily relates solely to the title as of the date of the policy. In order that a purchaser of the real estate described herein may he insured against defects, liens or encumbrances, this policy ti IIalb,p�' ` i should he reissued in the name of such purchaser D \ ! t G'''T x k+wF',i 'k. .a^ _ CA∎ v F ' �N' � �R" - ;� +t N <,� � �!t a. �dY�'9N 4Y >g_:� � "�TV� _.sY �VPc— '�_�L�"� "L �'".��W°'- jS,�;� ranur:nht IQAV An.erienn 1 and Title Assnriatinn t EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy: 1. Any law, ordinance or governmental regulation (including but not limited to building and zoning ordinances) restricting or regulating or prohibiting the occupancy, use or enjoyment of the land, or regulating the character, dimensions or location of any improvement now or hereafter erected on the land, or prohibiting a separation in ownership or a reduction in the dimensions or area of the land, or the effect of any violation of any such law, ordinance or governmental regulation. 2. Rights of eminent domain or governmental rights of police power unless notice of the exercise of such rights appears in the public records at Date of Policy. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed or agreed to by the insured claimant; (b) not known to the Company and not shown by the public records but known to the insured claimant either at Date of Policy or at the date such claimant acquired an estate or interest insured by this policy and not disclosed in writing by the insured claimant to the Company prior to the date such insured claimant became an insured hereunder; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the estate or interest insured by this policy. �+`� n, , , 15'0:4'1 , , -;;*--‘041( ' Isakaiiiskarasaar..distsgits . FORM 3226 8-,2.66 • P- 307 - 217 -73 SCHEDULE A Number Date of Policy Amount of Policy 06 005 04 03371 September 21, 1973, 11:00 a.m. $1,750,000.00 1. Name of Insured: THE QTY OF ASPEN, COLORADO, a Municipal Corporation 2. The estate or interest in the land described or referred to in this schedule covered by this policy is: Fee Simple. 3. Title to the estate or interest covered by this policy at the date hereof is vested in the Insured. 4. The land herein described is encumbered by the following mortgage or trust deed, and assignments: None. and the mortgages or trust deeds, if any, shown in Schedule B hereof. 5. The land referred to in this policy is described as follows: See Exhibit "A" attached hereto. This policy valid only if Schedule B is attached. lissairMr eR6Rt.��� ^'a— +'.'""�L� FORM 3506 R.0 -70 • SCHEDULE B Policy Number 06 005 04 03171 Ownen This policy does not insure against loss or damage by reason of the following exceptions: General Exceptions: (1) Rights or claims of parties in possession not shown by the public records. (2) Encroachments, overlaps, boundary line disputes, and any other matters which would be disclosed by an accurate survey and inspection of the premises. (3) Easements or claims of easements not shown by the public records. • (4) Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not shown by the public records. (5) Taxes or special assessments which are not shown as existing liens by the public records. Special Exceptions: The mortgage, if any, referred to in Item 4 of Schedule A. (6) Reservations contained in United States Patents recorded in Book 55 at Page 2, Book 55 at Page 116, Book 39 at Page 136 and Book 185 at Page 69. (7) Terms, conditions and obligations of Agreement between James R. Trueman and Coltpany and the City of Aspen, dated March 22, 1973 and recorded as Document No. 158728 in Book 274 at Page 381. (8) Easements granted to Klaus F. Obermeyer for sewer purposes recited in Document recorded in Book 274 at Page 381. (9) Fasenent granted to the Aspen One Company for access purposes, as recited in Document recorded in Book 274 at Page 381. (10) Private Way License for the construction, maintenance and use of the private way or private ways as granted to Grant and Company, a Colorado Corporation, by the Denver and Rio Grande Western Railroad Company, a Delaware Corporation, in the instrument recorded January 14, 1971 in Book 253 at Page 107, affecting the follaaing- described property: A 20 -foot wide private access road encroaching upon the property of the Licensor at Aspen, Pitkin County, Colorado, within the Southwest Quarter of Section 7, ibwnship 10 South, Range 84 West, Sixth Principal Meridian, described as follaas: Beginning at the Easterly line of Mill Street, northerly of said Licensor's I.C.C. Tract No. 32 Rv., opposite Mile Post 401 plus about 1560 feet; thence Southeasterly parallel with said track and on curve to left to a point in said Licensor's northerly property line opposite Mile Post 401 plus about 2010 feet..." "for use of ingress and egress." (11) Easement and right -of -way for the construction, operation and maintenance of water lines as granted to The City of Aspen by The Denver and Rio Grande Western Railroad Company, a Delaware Corporation, in the instrument recorded July 11, CONTINUED ON NEXT PAGE... Countersign /% '/iy�n/✓ Authorized Signatory Schedule B of this Policy consists of 2 pages. • / " AGE am Form 3477 >e. (Schedule B continued) Policy Number 06 005 04 03371 1 Ownen Policy Number Loan 1969 in Book 241 at Page 987, affecting the following- described property: "...a 10 -foot wide strip of land being part of the Aspen Branch right- of-way of The Denver and Rio Grande Western Railroad Conpany in Pitkin County, State of Colorado, the centerline of said strip being described as follows: Beginning at a point opposite Railroad I.C.C. Station 1767 -90 and 10 feet Southwesterly at right angles from the centerline of Easement granted by said Railroad Company to Aspen Metropolitan Sanitation District; thence Southeasterly parallel with said centerline of easement to a point opposite I.C.C. Station 2163 -15 as said centerline of easement granted to said Sanitation District is described in Easement Deed dated June 4, 1969, and recorded in the records of the County Clerk and Recorder of Pitkin County, in Book 241 at Page 810, 811, 812, 813 and 814... Reserving, however, unto the party of the first part, its successors and assigns, the right to said strip for purposes which will not interfere with the second party's full enjoyment of the rights hereby granted... ". (12) Easement and right- of-way for the construction, maintenance and repair of under - ground sanitation utility lines and /or outfall lines, as granted to The Aspen Sanitation District and The Aspen Metropolitan Sanitation District by The Denver and Rio Grande Western Railroad Company, a Delaware Corporation, in instrument recorded June 26, 1969 in Book 241 at Page 810, affecting property described therein as set forth on sheet attached hereto. (13) Encroachments of fences, fencelines and buildings as shown on survey of Meurrs Serafini and Meurer, dated June 7, 1966 and re- nonumentation plat of Tri -Co Management, Inc., dated June 27, 1973, together with any and all rights of parties as claimants thereof. e , ° ' ' e r, t » r Y (14) Easement and right -of -way for Highway purposes as granted to Pitkin County by The Denver and Rio Grande Western Railroad Company, a Delaware Corporation, in the instrument recorded August 21, 1953 in Book 180 at Page 182 as set forth in the instrument attached hereto. (15) Any future tax, assessment, fee or charge by reason of the inclusion of the subject property in the Aspen Metropolitan Sanitation District and Aspen Fire Protection District. (16) All taxes due and payable, taxes for the year 1973, and taxes for subsequent years. 4 Owner's Policy No. 06 005 04 03371 • EXHIBIT "A" A tract of land situated in the Southwest 4 of Section 7, Township 10 South, Range 84 West of the 6th Principal Meridian, Pitkin County, Colorado, being more fully described as follows: Beginning at a point at the East Side of Mill Street whence the West one - quarter corner of said Section 7 bears N 38 °06'14" W 1542.42 feet; thence S. 56 °06'43" E. 120.33 feet; thence N. 33 °53'35" E. 70.,32 feet• thence S. 75 °51'14" E. 67.25 feet; thence N. 84 °34'25" E. 121.34 feet; t� ence S. 60b17 W. 130.87 feet; thence S. 89 °28'55" E. 184.09 feet; thence S. 00 °58'09" W. 109.72 feet; thence N. 16 °34'56" E. 9.37 feet; thence S. 74 °37'51" E. 141.49 feet; thence S. 09 °26'26" E. 412.35 feet; thence S. 43 ° 10'38" E. 89.04 feet; thence 233.41 feet along the arc of a curve to the left having a radius of 309.26 feet and a chord which bears S. 64 °56'02" E. 227.91 feet; thence S. 03 °22'00" W. 100.08 feet; thence 309.38 feet along the arc of a curve to the right having a radius of 409.34 feet and a chord which bears N. 64 °54'19" W. 302.07 feet; thence N. 44 °54'27" W. 66.04 feet; thence N. 75 °12'56" W. 15.86 feet; thence N. 75 °11'28" W. 25.48 feet; thence N. 16 °49'23" E. 83.76 feet; thence N. 73° 19'31" W. 271.88 feet; thence S. 16 °37'11" W. 90.78 feet; thence N. 57 °36'26" W. 10.54 feet; thence S. 84 °21'32" W. 164.64 feet; thence N. 87 °31'46" W. 88.97 feet; thence S. 14 °26'08" W. 75.82 feet; thence N. 43 °12'17" W. 408.87 feet; thence N. 19° 50'59" E. 495.73 feet to the point of beginning. NUPE: This description is derived from a re- monunentation of a survey performed by Meurer, Serafini and Meurer in 1966. COUNTY OF PITK1N STATE OF COLORADO s- : J • • • • • :. .... 210NDITIONS AND STIPULATION!. 3 1. Definition of Terms policy, the Company may pursue any such litigation to final determi- The following terms when used in this policy mean: nation by a court of competent jurisdiction and expressly reserves the (a) "insured ": the insured named in Schedule A. and, subject to right, in its sole discretion, to appeal from any adverse judgment or any rights or defenses the Company may have had against the named order. insured, those who succeed to the interest of such insured by operation (e) In all cases where this policy permits or requires the Company of law as distinguished from purchase including, but not limited to, to prosecute or provide for the defense of any action or proceeding, heirs, distributees, devisees, survivors, personal representatives, next of the insured hereunder shall secure to the Company the right to so kin, or corporate or fiduciary successors. prosecute or provide defense in such action or proceeding, and all (b) "insured claimant ": an insured claiming loss or damage here- appeals therein, and permit the Company to use, at its option, the name of such insured for such purpose. Whenever requested by the Com- under. pany, such insured shall give the Company all reasonable aid in any (c) "knowledge ": actual knowledge, not constructive knowledge or such action or proceeding, in effecting settlement, securing evidence, notice which may be imputed to an insured by reason of any public obtaining witnesses, or prosecuting or defending such action or pro - records. ceeding, and the Company shall reimburse such insured for any (d) "land ": the land described, specifically or by reference in Schedule expense so incurred. A, and improvements affixed thereto which by law constitute real prop- erty; provided, however, the term "land" does not include any property 4. Notice of Loss — Limitation of Action beyond the lines of the area specifically described or referred to in In addition to the notices required under paragraph 3(b) of these Schedule A, nor any right, title, interest, estate or easement in abutting Conditions and Stipulations, a statement in writing of any loss or dam - streets, roads, avenues, alleys, lanes, ways or waterways, but nothing age for which it is claimed the Company is liable under this policy herein shall modify or limit the extent to which a right of access to shall be furnished to the Company within 90 days after such loss or and from the land is insured by this policy. damage shall have been determined and no right of action shall accrue (e) "mortgage ": mortgage, deed of trust, trust deed, or other security to an insured claimant until 30 days after such statement shall have instrument been furnished. Failure to furnish such statement of loss or damage shall terminate any liability of the Company under this policy as to (f) "public records ": those records which by law impart constructive such loss or damage. notice of matters relating to said land. S. Options to Pay or Otherwise Settle Claims 2. Continuation of Incur fter Conveyance of Title The Company shall have the option to pay or otherwise settle for The coverage of this policy shall continue in force as of Date of or in the name of an insured claimant any claim insured against or to Policy in favor of an insured so long as such insured retains an estate terminate all liability and obligations of the Company hereunder by or interest in the land, or holds an indebtedness secured by a purchase paying or tendering payment of the amount of insurance under this money mortgage given by a purchaser from such insured, or so long policy together with any costs, attorneys' fees and expenses incurred k as such insured shall have liability by reason of covenants of warranty up to the time of such payment or tender of payment, by the insured made by such insured in any transfer or conveyance of such estate or claimant and authorized by the Company. interest; provided, however, this policy shall not continue in force in favor of any purchaser from such insured of either said estate or 6. Determination and Payment of Loss interest or the indebtedness secured by a purchase money mortgage (a) The liability of the Company under this policy shall in no case given to such insured. exceed the least of: (i) the actual loss of the insured claimant; or 3. Defense and Prosecution of Actions— Notice of Claim (ii) the amount of insurance stated in Schedule A. to be given by an Insured Claimant (a) The Company, at its own cost and without undue delay, shall (b) The Company will pay, in addition to any loss insured against provide for the defense of an insured in all litigation consisting of by this policy, all costs imposed upon an insured in litigation carried actions or proceedings commenced against such insured, or a defense on by the Company for such insured, and all costs, attorneys' fees. and - l interposed against an insured in an action to enforce a contract for a expenses in litigation carried on by such insured with the written sale of the estate or interest in said land, to the extent that such litiga- authorization of the Company. Lion is founded upon an alleged defect, lien, encumbrance, or other (c) When liability has been definitely fixed in accordance with the matter insured against by this policy. conditions of this policy, the loss or damage shall be payable within I (b) The insured shall notify the Company promptly in writing (i) in 30 days thereafter. - case any action or proceeding is begun or defense is interposed as set 7. Limitation of Liability forth in (a) above, (ii) in case knowledge shall come to an insured No claim shall arise or be maintainable under this policy (a) if the hereunder of any claim of title or interest which is adverse to the Company, after having received notice of an alleged defect, lien or title to the estate or interest, as insured, and which might cause loss encumbrance insured against hereunder, by litigation or otherwise, or damage for which the Company may be liable by virtue of this removes such defect, lien or encumbrance or establishes the title, as policy, or (iii) if title to the estate or interest, as insured, is rejected as insured, within a reasonable time after receipt of such notice; (b) in unmarketable. If such prompt notice shall not be given to the Com- the event of litigation until there has been a final determination by a pany, then as to such insured all liability of the Company shall cease court of competent jurisdiction, and disposition of all appeals there- - and terminate in regard to the matter or matters for which such from, adverse to the title, as insured, as provided in paragraph 3 prompt notice is required; provided, however, that failure to notify hereof; or (c) for liability voluntarily assumed by an insured in settling . shall in no case prejudice the rights of any such insured under this any claim or suit without prior written consent of the Company. I policy unless the Company shall be prejudiced by such failure and then only to the extent of such prejudice. 8. Reduction of Liability (c) The Company shall have the right at its own cost to institute All payments under this policy, except payments made for costs, and without undue delay prosecute any action or proceeding or to do attorneys' fees and expenses, shalt reduce the amount of the insurance any other act which in its opinion may be necessary or desirable to pro lento. No payment shall be made without producing this policy establish the title to the estate or interest as insured, and the Company for endorsement of such payment unless the policy be lost or destroyed, may take any appropriate action under the terms of this policy, whether in which case proof of such loss or destruction shall be furnished to or not it shall be liable thereunder, and shall not thereby concede the satisfaction of the Company. liability or waive any provision of this policy. 9. Liability Noncumulative (d) Whenever the Company shall have brought any action or inter- It is expressly understood that the amount of insurance under this posed a defense as required or permitted by the provisions of this policy shall be reduced by any amount the Company may pay under CONDITIONS AND STIPULATIONS (Continued on Reverse Side) 1 CONDITIONS AND STIPULATIONS (Continued) any policy insuring either (a) a mortgage shown or referred to in and remedies against any person or property necessary in order to Schedule B hereof which is a lien on the estate or interest covered by perfect such right of subrogation and shall permit the Company to use this policy, or (b) a mortgage hereafter executed by an insured which the name of such insured claimant in any transaction or litigation is a charge or lien on the estate or interest described or referred to in involving such rights or remedies. If the payment does not cover the Schedule A, and the amount so paid shall be deemed a payment under loss of such insured claimant, the Company shall be subrogated to this policy. The Company shall have the option to apply to the pay- such rights and remedies in the proportion which said payment bears ment of any such mortgages any amount that otherwise would be pay- to the amount of said loss. If loss should result from any act of such able hereunder to the insured owner of the estate or interest covered insured claimant, such act shall not void this policy, but the Com - by this policy and the amount so paid shall be deemed a payment pany, in that event, shall be required to pay only that part of any losses under this policy to said insured owner. insured against hereunder which shall exceed the amount, if any, lost IQ. Apportionment to the Company by reason of the impairment of the right of subrogation. If the land described in Schedule A consists of two or more parcels 12. Liability Limited to this Policy which are not used as a single site, and a loss is established affecting This instrument together with all endorsements and other instru- one or more of said parcels but not all, the loss shall be computed ments, if any, attached hereto by the Company is the entire policy and and settled on a pro rata basis as if the amount of insurance under contract between the insured and the Company. this policy was divided pro rata as to the value on Date of Policy of each separate parcel to the whole, exclusive of any improvements made Any claim of loss or damage, whether or not based on negligence, subsequent to Date of Policy, unless a liability or value has otherwise and which arises out of the status of the title to the estate or interest been agreed upon as to each such parcel by the Company and the covered hereby or any action asserting such claim, shalt be restricted insured at the time of the issuance of this policy and shown by an to the provisions and conditions and stipulations of this policy. express statement herein or by an endorsement attached hereto. No amendment of or endorsement to this policy can be made except by writing endorsed hereon or attached hereto signed by either the 11. Subrogation Upon Payment or Settlement President, a Vice President, the Secretary, an Assistant Secretary, or Whenever the Company shall have settled a claim under this policy, validating officer or authorized signatory of the Company. all right of subrogation shall vest in the Company unaffected by any act of the insured claimant. The Company shall be subrogated to and 13. Notices, Where Sent be entitled to all rights and remedies which such insured claimant All notices required to be given the Company and any statement in would have had against any person or property in respect to such writing required to be furnished the Company shall be addressed to its claim had this policy not been issued, and if requested by the Com- principal office at 111 West Washington Street, Chicago, Illinois 60602, pany, such insured claimant shall transfer to the Company all rights or at any branch office of the Company. �°�. dtiv( <.` i- A. J. : el! ". 3 . "i b ate'—` ti +' c* 1 Pf+c ._ ?�.a' 2.417 S � 1tii4' r ' . 1 V 0-'I 1■••• .4 x Z o Al i n r 9 Cd n ;as' 5t3I e c 1 m 4. t. i�xb (� o H t R2 I i 1 ; i . z 0 y C y n ,�t i y 'T7 �, y Z • o ti r > y l'"' ^ ;Sr O z C Y O A g NY • • 3 ~y t m %. J o y IL z `' C ( , LI 0 n R 1 :� ti n r^• TAI -CO Management, Inc B °Xspen Aspen Planning. • Design • Suiveying • Engineering • Construction Colorado 81611 and Management of Land 303.9252688 February 28, 1973 DESCRIPTION — TRUEMAN PROPERTY EAST OF MILL STREET A PART OF THE SOUTHWEST ONE— QUARTER OF SECTION 7, TOWNSHIP 10 SOUTH, RANGE 84 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF PITKIN, STATE OF COLORADO, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT A POINT OF INTERSECTION WITH THE NORTH LINE OF THE SAID SOUTH ONE —HALF OF THE SOUTHWEST ONE — QUARTER AND THE SOUTHWESTERLY LINE OF EAST ASPEN TOWNSITE, SAID POINT BEARING S 19 ° 04'48" E A DISTANCE OF 1417.404 FEET FROM THE WEST ONE — QUARTER CORNER OF SAID SECTION 7 AND SAID POINT BEARING S 43 °10'34" E A DISTANCE OF 12.266 FEET FROM BRASS CAP MONU— MENT NO. 38; THENCE FOLLOWING SAID SOUTHWESTERLY LINE OF EAST ASPEN TOWN— S 7 - C SITE S 43 ° 10'34" E 466.965 FEET TO A POINT IN THE TRUE POINT OF BEGINNING; THENCE N 19 0 51'12" E 495.568 FEET TO A STERT, PIN WITH METAL CAP MONUMENT M—S —M "0 -10A" SET TN OIL MAT; ' THENCE S 56 ° 15'45" E AND ALONG THE SOUTHWESTERLY LINE OF QUIT . CLAM DEED NO. C -5426 FROM THE DENVER AND RIO GRANDE WESTERN rtATIROAD TO WILLIAM R. SHAW A DISTANCE OF 120.00 FEET TO TEE lo* r SOUTHEEST CORNER OF SAID QUIT CLAIM DEED TO A BRASS CAP MOND— W4', ; T 14—S —M "0-11A"; - THENCE N 33 °44'15" E ALONG THE SOUTHEASTERLY LINE OF SAID '' QUIT CLAIM DEED A DISTANCE OF 78.531 PEET TO A POINT ON 'TEE SOUTH BANK OF TEE ROARING FORK RIVER; THENCE S 76 ° 02'54" E ALONG SAID SOUTH BANK A DISTANCE OF 67.143 FEET TO A BRASS CAP MONUMENT M —S —M "2 -1 "; THENCE N 84 °21'30" E ALONG SAID SOUTH BANK A DISTANCE OF 121.293 FEET TO A POINT OF INTERSECTION WITH THE EAST LINE OF TBE NORTHWEST ONE— QUARTER OF SAID SOUTHWEST ONE — QUARTER OF SECTION 7 AS SAID LINE WAS ESTABLISHED BY THE 1888 CUTSHAW SURVEY; THENCE CONTINUING ALONG THE AFORESAID COURSE A DISTANCE OF 35.579 FEET TO A POINT OF INTERSECTION WITH THE HALLAM AND WILLIAMS BOUNDARY LINE AS AGREED UPON MARCH 26, 1887, AS DE— SCRIBED IN BOOK 30 AT PAGE 47 OF THE PITKIN COUNTY RECORDS AND TO A BRASS CAP MONUMENT M—S —M "0 -28" SITUATE ON SAID HALLAM LINE; THENCE S 0 °11'44" W ALONG SAID HALLAM BOUNDARY LINE A DISTANCE OF 130.807 FEET TO A POINT OF INTERSECTION WITH THE SOUTH LINE OF SAID NORTH ONE — HALF OF THE SOUTHWEST ONE — QUARTER OF SECTION 7 TO A BRASS CAP MONUMENT M —S —M "0 - "; I A 11 E y N7- a LI 1 ti A Subsidiary of Trico Corporation • Offices throughout the West Page 2 THENCE FOLLOWING THE NORTH LINE OF THE SOUTH ONE -HALF OF THE SOUTHWEST ONE - QUARTER S 89 °30'31" E 184.400 FEET TO A POINT OF INTERSECTION WITH THE EAST LINE OF A PATENT TO THE DENVER AND RIO GRANDE WESTERN RAILROAD DEPOT GROUNDS DATED FEBRUARY 6, 1888 AND TO A BRASS CAP MONUMENT M -S -M "0 -36 ", SAID POINT OF INTERSECTION ALSO BEING THE INTERSECTION OF THE NORTH LINE OF THE SAID SOUTH HALF OF THE SOUTH WEST ONE- QUARTER WITH THE EAST LINE OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 7 AS WAS ESTABLISHED BY KIMBERLY IN THE 1882 SURVEY NOW SUSPENDED; THENCE S 0 ° 52'26" W ALONG SAID EAST LINE OF TEE SOUTHWEST ONE - QUARTER OF THE SOUTHWEST ONE- QUARTER OF SAID SECTION 7 PER KIMBERLY 1882 SURVEY AND ALONG THE EAST LINE OF SAID DEPOT GROUND PATENT A DISTANCE OF 109.669 FEET TO A POINT OF INTER- SECTION WITH THE WESTERLY LINE OF 'THE CASTLE CREEK MILL SITE CLAIM AND A BRASS CAP MONUMENT M -S -M "0 -42 "; THENCE N 16 ° 40'00" E ALONG SAID WESTERLY MILL SITE LINE A DIS- TANCE OF 9.381 FEET TO THE NORTHWEST CORNER OF SAID CASTLE CREEK MILL SITE CLAIM AND A BRASS CAP MONUMENT BLM 34; THENCE S 74 °34'44" E A DISTANCE OF 141.300 FEET TO THE NORTH- EAST CORNER OF THE CASTLE CREEK MILL SITE CLAIM TO A BRASS CAP MONUMENT BLM 3 -6; THENCE 5 9 °21'00" E ALONG THE EAST LINE OF CASTLE CREEK MILL SITE CLAIM A DISTANCE OF 412.461 FEET TO A POINT OF INTERSECTION WITH THE NORTHEASTERLY RIGHT OF WAY OF THE DENVER AND RID GRANDE WESTERN RAILROAD TO A BRASS CAP MONUMENT M -S -M "0 -45 ", SAID POINT BEING 50.00 FEET AT RIGHT ANGLES TO THY. CENTERLINE OF TRACK; THENCE 5 43 ° 07'30" E AND ALONG SAID NORTHEASTERLY RIGHT OF WAY A Ip. DISTANCE OF 89.097 1EET TO A POINT OF CURVE AND A BRASS ('AP MONU- MENT M-S -M "0 -47 "; THENCE ALONG SAID NORTHEASTERLY RIGHT OF WAY AND ALONG A CURVE TO THE LEFT HAVING A RADIUS OF 309.26 FEET, A CENTRAL ANGLE OF 43 °16'43 ", AN ARC DISTANCE OF 233.601 FEET TO A POINT OPPOSITE THE CENTERLINE AT THE END OF RATT TRACKS AND A BRASS CAP MONUMENT M-S -M "0 -48 ", THE CHORD OF SAID CURVE BEARING 5 64 ° 45'52" E A DISTANCE OF 228.088 FEET; THENCE S 3 °35'47" W ALONG A LINE NORMAL TO THE CENTERLINE AT THE END OF EXISTING RAILROAD TRACKS A DISTANCE OF 100.00 FEET AND A BRASS CAP MONUMENT M -S -M "0 -49 "; THENCE ON AN ANGLE TO THE RIGHT OF 90 ° 00'00" AND ALONG 'rte; SOUTH- WESTERLY RIGHT OF WAY OF THE DENVER AND RIO GRANDE WESTERN RAIL- ROAD COMPANY AND ALONG A CURVE TO THE RIGHT HAVING A RADIUS OF 409.26 FEET, A CENTRAL ANGLE OF 43 °16'43 ", AN ARC DISTANCE OF 309.136 FEET TO A POINT OF TANGENT AND A BRASS CAP MONUMENT M -S -M "0 -50 ", THE CHORD OF SAID CURVE BEARING N 64 °45'52" W A DISTANCE OF 301.841 FEET; - . ( Page 3 THENCE ALONG SAID TANGENT AND ALONG SAID SOUTHWESTERLY RIGHT OF WAY ON A BEARING OF N 43 °07'30" W A DISTANCE OF 66.663 FEET TO A POINT OF INTERSECTION WITH THE SOUTHERLY LINE OF CASTLE CREEK MILL SITE AND A BRASS CAP MONUMENT M -S -M "0 -51 "; THENCE N 73 °55'00" W ALONG SAID SOUTHERLY LINE A DISTANCE OF 41.319 FEET TO A BRASS CAP MONUMENT M -S -M "0 -59 "; THENCE N 16 ° 38'42" E ALONG THE EASTERLY LINE OF SAID MILL SITE AND ALONG THE EASTERLY EXTENDED LINE OF QUIT CLAIM NO. C -5795 FROM THE DENVER AND RIO GRANDE WESTERN RAILROAD TO SARAH B. KAPLAN, A DISTANCE OF 81.345 FEET TO A BRASS CAP MONUMENT M -S -M "0 -56 "; THENCE N 73 °21'18" W A DISTANCE OF 272.00 FEET ALONG THE NORTHERLY LINES OF SAID QUIT CLAIM DEED NO. C -5795 AND ALONG QUIT CLAIM DEED NO. C -5796 FROM THE DENVER AND RIO GRANDE WESTERN RAILROAD TO DOUGLAS KERMODE; THENCE S 16 ° 38'42" W A DISTANCE OF 90.825 FEET ALONG 'THE WESTERLY LINE OF SAID QUIT CLAIM DEED C -5796 TO A BRASS CAP MONUMENT M -S -M "0 -55 "; THENCE N 57 ° 38'34" W A DISTANCE OF 10.54 FEET TO A BRASS CAP MON- UMENT M-S -M "C -4 "; THENCE S 84 °20'26" W A DISTANCE OF 164.743 FEET TO A BRASS CAP MONUMENT M -S -M "C -3 "; THENCE N 87 °30'34" W A DISTANCE OF 88.957 FEET TO A BRASS CAP MONUMENT M -S -M "C -2 "; THENCE S 14 °29'26" W A DISTANCE OF 75.829 FEET TO A POINT OF INTER- SECTION WITH THE SOUTHWESTERLY LINE OF EAST ASPEN TOWNSITE AND A BRASS CAP MONUMENT M -S -M "C -1 "; THENCE N 43 ° 10'34" W ALONG SAID SOUTHWESTERLY LINE A DISTANCE OF 408.899 FEET TO THE TRUE POINT OF BEGINNING. EXCEPTING THEREFROM; A TRACT OR PARCEL OF LAND WITHIN THE SOuTE ONE -HALF OF THE SOUTH- WEST ONE - QUARTER OF SECTION 7, TOWNSHIP 10 SOUTH, RANGE 84 WEST OF THE 6TH P.M. AT ASPEN, COUNTY OF PITKIN, STATE OF COLORADO, DESCRIBED AS FOLLOWS: COMMENCING AT A POINT OF INTERSECTION WITH THE NORTH LINE OF THE SOUTH ONE -HALF OF THE SOUTHWEST ONE-QUARTER AND THE SOUTHWESTERLY LINE OF THE EAST ASPEN TOWNSITE, SAID POINT BEARING S 19 °04'48" E A DISTANCE OF 1417.404 FEET FROM 'inE WEST ONE- QUARTER CORNER OF SAID SECTION 7 AND SAID POINT BEARING S 43 °10'34" E A DISTANCE OF 12.266 FEET FROM BRASS CAP MONUMENT NO. 38; THENCE S 43 °10'34" E AND ALONG THE SOUTHWESTERLY LINE OF TEL EAST ASPEN TOWNSITE A DISTANCE OF 875.864 FEET TO BRASS CAP MONUMENT MSM "C -1 "; THENCE N 14 ° 29'26" E A DISTANCE OF 75.829 FEET TO BRASS CAP MONU- MENT MSM "C -2 "; THENCE S 87 ° 30'34" E A DISTANCE OF 88.957 FEET TO BRASS CAP MONU- MENT MSM "C -3 "; THENCE N 84 °20'26" E A DISTANCE OF 164.743 FEET TO BRASS CAP MONU- MENT MSM "C -4 "; Page 4 THENCE S 57 °38'34" E A DISTANCE OF 10.54 FEET TO BRASS CAP MONU- MENT MSM "0 -55" AND THE SOUTHWESTERLY CORNER OF QUIT CLAIM DEED NO. C -5796, SAID CORNER BEING THE TRUE POINT OF BEGINNING; THENCE S 57 °38'34" E AND ALONG THE SOUTHERLY LINE OF SAID QUIT CLAIM DEED A DISTANCE OF 88.623 FEET; THENCE S 67 ° 30'34" E AND ALONG SAID SOUTHERLY LINE OF QUIT CLAIM DEED NO. C -5796 A DISTANCE OF 36.88 FEET TO THE SOUTHEASTERLY CORNER OF SAID QUIT CLAIM DEED; THENCE N 16 ° 38'42" E AND ALONG TAE EASTERLY LINE OF SAID QUIT CLAIM DEED A DISTANCE OF 118.58 FEW TO THE NORTHEASTERLY CORNER OF SAID QUIT CLAIM DEED, SAID NORTHEASTERLY CORNER BEARS N 73 °21'18" W A DISTANCE OF 150.00 FEET FROM MSM BRASS CAP MONU- MENT "0 -56 "; THENCE CONTINUING ALONG THE AFORESAID COURSE A DISTANCE OF 8.42 FEET; THENCE N 75 ° 01'18" W A DISTANCE OF 129.012 FEET; THENCE S 14 ° 58'42" W A DISTANCE OF 94.346 FEET TO A POINT, SAID POINT BEARS N 57 °38'34" W A DISTANCE OF 4.377 FEET FROM 'THb SOUTHWESTERLY CORNER OF SAID QUIT CLAIM DEED MARRED BY BRASS CAP MONUMENT MSM "0 -55 "; THENCE S 57 °38'34" E A DISTANCE OF 4.377 FEET TO THE TRUE POINT OF BEGINNING. EXCEPTING THEREFROM: A TRACT OR PARCEL OF LAND WITHIN 'THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 7, TOWNSHIP 10 SOUTH, RANGE 84 WEST OF THE 6TH PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 7, TOWNSHIP 10 SOUTH, RANGE 84 WEST; THENCE NORTH 89 DEGREES 32 MINUTES WEST ALONG THE SOUTH LINE OF SAID SUBDIVISION A DISTANCE OF 184.4 FEET; THENCE NORTH 53 DEGREES 35 MINUTES WEST 335 FEET; THENCE NORTH 1 DEGREE 15 MINUTES EAST 100 FEET TO THE TRUE POINT OF BEGINNING OF THE TRACT OF LAND HEREIN CONVEYED; THENCE NORTH 7 DEGREES 45 MINUTES WEST 154 FEET; THENCE SOUTH 18 DEGREES 10 MINUTES WEST 324 FEET; THENCE SOUTH 57 DEGREES 47 MINUTES EAST 36.98 FEET; THENCE NORTH 27 DEGREES 21 MINUTES EAST 197 FEET TO THE POINT OF BEGINNING. 1 r ,_. • oa. • 753.10 r - ,..... , yll•d for :tied 19a<ua14 14, 1571 at 1:45 o E4 , i 431.4140) a.dfytlA Its. tU95& Paget r. Mlklech, Mcor; 4 2.ce p /�� :�• • h s0 431.4140) swap aa ?8_6 _ _• PRIVATE WAY LICENSE • • THIS AOEEEeEeh Magi W stag st Maul. 14th a W ., April Awn 65 , by tw. awl he T7 al E DM= At1D e GSAEDE WESTERN ICarom IJeACarom • saaMaa et Me Mao se DelaDelaware. iawa haaaa hee also Um u. l s a W iaaY panty OW pan. W GRART AND catcatkin*, A, Colorado corporation, Mailing Address; 526 Hiaan, Aspen, Colorado, 4Yeltafter failed the "Men ne s W stood part: • 14777127,22 That lee Lcaawr. be see M consideration of the covenants aloe sweetmeats Was Wetae Genes . contained an: open the terms and wnnillonn ketelaa:tn eel forth. hereby 14en... one yenalts the aawmeueq maloto4ance and ute of the private way or privet. ways bmMafne dna b.4 lhenaalln oIa4 "wrote war) woes the sad Atha of ray d cape to Issas of r of Lice . aa btm .pueed, to win: A 20 -foot wide private access road encroaching upon i ''S, the property of the Licensor at Aspen, Pitkin County, C `i Colorado, within Lhe southwest qu of Section 7,'Ybwn- �'� ship l0 South, Range 84 West, Sixt Principal Meridian, a described as follows; yC Beginning in the easterly lin of Mill Street northerly of said Licensor'. ?,C. C Track :.o. 32 -RV., g opposite Mile Post 401 plus about 1560 foetj thence 6 southeasterly parallel with said track and on curve to left to a point in sai Licenaor's northerly property line opposite wi Post 401 plus about 2010 y feet, as shown in ellow o n the attached leap So, A-233. , T. License 4 expressly condttb nw twd epee the performance by the Licensee*: al: and Wainer Ow W IJ yeeemena. bnnuatet ✓t font. to be b se t• L area kept a414 pc:Lamed. each of sale covenants and agreements bag 0.eeby mode • eondIt,oa: and It Is oho bmbY 011Dalated Watt • widen by the Lamntot of any bream of 34, ewodluon shall In no way rmpalf Ma tight of the Lama to amyl Welt of e• aub,pumn breech .1 W al et ay other tonllc0. PZ1VATE WAY ✓ •••••oner,.I4 tens le employed bnln, Nag. MY •wt. 1w I for Pedestrians. eeIelea Implement. and we stock, It le aapeaiy stipulated sal the Wive.* soy Inc 0. • adctlY p1v✓e w W a •at Its. Madge far pudic uea For use of ingress and egress. And al4 term Nall Include such grading. approaches. planking. ditches, (btu. Mine. drain bowie. culverts, cattle :roar:, s fern are fencer. gate. with p opal I.Ina e an4 :vm W l hn, rIgj of ta4reph. te:ea.aue Ann Wpm; one. I : . r r p e r ... arena..cad such a reay 0.14 sign post and stens end other safety devices as Mee a the ;annular ',. I, L Lu:y e. or by Ilia L.wo pe. n which may now ✓tangier •he prefenl.d •W reamed by say ten. Sate or lade ',. or any der u( an ineer or ..gYaloq 004.4. State W Federal, leaving iuriWllIoa war otitis calbite The :uregolis Ilona Is wbleet to all outstanding Iupelor rights Iael,dlnt those a favor el w telegraph mad a telepbooe conyaa lean. of said riehl <Iwn d re e others) d tee right W Lnnn a the r natty .caa 'Mead W • to Ltemv. c e. to pay In Lot I.Lckli.t, le advance. .ch sum CI none) a msied to b. 3 .." S Mail Le nem.mry to coniauct tech wain 11 of preatt wry J IM1 meaty meter l . ot4 Nu tar, fatiatioa the, it y d 00..4 cktall l b0 ( d.L y.tb0T t obi tint fql le mrtVUct tate ,!:vale ' y the Ll a' .h.l furnoth Ietlal of Ion AST= 1 {n ivel. m at ML . cad a time Lttn... '- d �,,,(ynelfpf - I ✓ y k pmacum. of i C G d aud.n:e t h L If t .. 1 1 be a d. cad by t 'Acne. ens kiCtili rret M ry TOF d • 1 a to ent coven the enema of work dose by t1; L. oaooe, Yin Lcnisn aW pay such 2. The ueenn. at the sole au an4 evpetue of tee Liman, maintain. .,g.4, and mymwel. %N ✓v✓ ua am ft-Tared when ft-Tared w ado by the unm ge. i nq .014 waste way a... t *eye. teneneea m n watt aotd. w c •■ ty y ✓A lb =Sass a11WtW:y w tee Lteasorl pod •t all Limn Mop a[W pow .. 447 M • good .aM 04 ay4: • ft • R 1 t. f, . . M X. e t 4 o 4 • .f -' • • 25w3 -tog • • G tea b....fawns. elan haul INri(IIL If It soiled& at uvlime. though amp we UM . w4lew wotanhoe to do ma 4 us make nervous"' « Wni.•r repairs «b lnraWUn said pr cur y * 0Nw .W h W ohh : %4 OI • the Lnwr Le canna na4 p and twarutwt and N the event w« at any ra•r u 4' Luce y ip private W L po way. ague Wok u0 breeemaWO, of etl:me•1L advance met sum W money al W L ' en:.1 may deem ore wary t« sorb mad or from fueuun. oe main bill thug mothered 14 wort 4:ee_C! ems. We themes Lu.0 reimburse W Lonna for W east W such mirth or • ,04r.1Urm. The optioned Held OI W Lr0Oaot to n *4* remora or N rewmt. t said private way Will N m r" . an or Ce :rw relieve the IY.nxe Irma s N IM L` eeth or to other person or torpor U *S for the olure N W laeenue 4 properly thaw • Wm « wWwwWwi acid PelvW we:. « mar almcuto wahIn 0* Liana* Kith. 4 sZoe414 N maintain or 1. A The Ilmh4a. at W t4tto«ei emiium dull keep W Nn :ewayl at said private way Caen that five tea a,L rocks and ot4or material, ar4 Will not foul or perch: the bowg of icy track of the Viva'_ -, « perm.: ivy aooylym LUMP *all Ninth* a'14 the safe opesetb0 of l000samvse. ea or nth rb private win. • 4. TM licathea at twea tO pay sag W patina hnaiw loathed. W IJeao. Y sdwwce, W w W 25.00 .4 mo[mtauw S NC 715 -R /78 - cps. o0 A It at icy the after W l0dslLllu of said What* way. any saw, Yea or PMe41 up off « aeoatay board or eammnaloa, date or Federal. Laving lorbdl[YOn. Nall w W thy any Manama Ounces or k:.WUVemeo4 of Id private private way W of rte a4pNUnn.NY; herein defined y malarial a u le:u4 Wecu :nth nto er warrants. W Lithe shall 4 nwYed. maintain*. and operated at the sole *1Pen« of W licenseelicensee. 4 aura ovided with respect 4 mMntn.00t repair. tammtru[tim, cu. u paragraph : C«eW. 4. The ILnnW shall cot ether upon W Premium 1 na the pUrpe of mnu 4100* b private way nee to the • Pathos. of repairing « renewln: be 4. without al aton writ Peeps. or permit last Ina d obtained Imo the Woes«, « the Limn/iota dm= authorial a:m4 except b cues of emergency when Look i ,•ao neary to assn Y.: or ma: 6.e 4 property 411 04 of communion, maintenance. opereuun or r*wnuuetbh shall be done by W Liana* W meet manner as to mica no Interference with the romue, continuous and oNleemP4d use of be Leda and properly of the Licensor 40 to operation. maintenance. renewals or ?Duthie saw cumuunba by W Y«naa. 7. This license Wall not he deemed te give W Licensee exchmive po eaioh of any part of W Wemuea draa110 t . bat e Laconic! au Path unu5VOreed right In retain a track e! backs a no+ and upenrad d: the place of constructive of such private way, and ethic: Will be done at sun erea to be done by the lino* at any Lae that Will in any .Hamer impair We uefulmu or ..l.!y of add sack or tracks of be Wens— «.d u.7 track or .mpmvemum to be hare•fter constructed. TIN Iaer s« *Lath have the right at any and all bri heather to Commu14 .a :men sad operate such additional treks. 'W m nut and ImP aenm hero Id {wale way u to be ttmtu.¢Wand 0 u ono W same. o t M1 may em time to *LU *lee: and N me any ehaq. at any time In the an.an :eneoL w at ictioa or Dan of We Lan.r'a tracks. or in Case of W m0dtucuua W any buiWny « lnprovema.us by :. a Liftman said pn1W way Wall be altered or aoWCV removed by be licensee at the sale , Ah4 *axon of W 4mm*h N with man«t 4 may be necessary to mrd«m 4 W %mekt CWldm.'y a Improvements of W Lemaoe a so clanged altered or Iml.ave4 and It W Lana. null fail to do any d the things N Wt Pvkpap* 4«n «N*L W licensor may door cause W same N W dote 4 W cost of W Leoue. • l This umay* worths W entire W odes ath duty of keeping W gates at t14 private way bead wheat • 1 not In u:c. and the sole duty ape bard. of preventing s* W ?dilate Wr we of said pate way by y Pe ,gams 1051 1s. Puna other then those mentioned herein f« ho4 Wrcflt 414 private way Is LLnCudm .ad a Y for daha:e 4 « do * 450 10 Of ProleSY. b Whey b Or t de.W d ppermits r 0 n: Dora the W.vN uu use N W E,` win' We persons other Lan hoe bee for whose fit 4 private private way is licensed. m !eau :u.R from Um Lithe on the port a the LcenW to W at kap gm [bud and locked and the al4 private way gad el: of 4 LoauawitO^t ors in Ws co wa. P. TM licensee shall at at tows pm4n. lo4molly and Inc harmless We hkeme torn any and ell cLln.0 demand 1jugame . oast. fawns anal el damage of every kind and nature made. ervd or Incurred by o an W aif of ray pawn or corporction whatsoever, in any manna due 4 « Wising 0« W any Wary to « death A Day Nnora or damage b proputy of My person « a pns whanuoev Including • bathes hereto ad their r m ol uara Iamiva e u ants and employees. 1a any mama sd.r ro bona 01 « gaowmg out w the Conan; Woe. maim s 'Luen. reM exensio renewal, enatenot m at d pa4 wn4. « the fat :us. p as pro • y 1 i t maintain. x *ove W e 4 f 1.41 said nv e d II costs d f •w'a 1 d attorney: d Y it. mee m a n and things contained l Ude aareetpent. \ luh the right of thparsbaon 0 1 1 4" oft M✓ ion. 1 al4uon operation d the ha: of Id p sate th rw cLi I. Wu smith nog the 4'WU..I « failure dl 1'WIO la : O w Co LY II L NNOLothian, t We ,ice to rto repel: W aN is ay, bed new ti. election a waiver v[ u of th b to mna Lie. on reconstruct 4, whole as or `w_r r Pan t 4 4.W: 410 private wf horn !m other *ba gttm or no agre em e ent resting Wpm add Liana.* Ice[ ls pa a a e • nth... th.nfm e n Y ' k* 10 . If us. 1. a mm.Y s w thread t 10 I 00 h 0 u .. ame 01 t b bm e: mnmet, operate, repair. b extend. renew w row w P i t feu t vay In L medonm w Wleonu o e f r the a to b* m won, re of Ow Lanier. 1 wail feu w , I. 4.: Licensor a.y Money y It way mN7 change s s rra a. de by the la «r.erai « removal removal of s p pec full * o I vY. 4. W o.a m too t e Gad private y 00 . P dw.a mad 1, the u a L <h. a « a] in any to : n u two by : a hem u. W be ... , NPULLU.1 mvmuau f L it * W.0 e Vold a * ' Ir be bat a: 1 ammo** by u . .p' usv a...............: a uo... e :: .1 the L re of eve . Leereu W vote n6 ' effect: r m o w pnv s a4 W ain n •. ..am.. 0.4:1 have the at t e sole an e o r va 4 ne h" for right f ad a end N* : t b at i a am time n thereafter thereafter thereafter on w *manse beam me o way de. my Nr1e be s hereunder und msy • . rhe a n without micro 1 : n In nonce p em not (Mdl it known be re s s. c dy a bathes/ k r l tO L a e l to W L«na4 0 lie lit[ known II ma N a theta"' properly sump. address. cord a 46g * 4 Y /Mat St the that Oath 4se4t m W pIW when {W a14 private way Is locate.. 11. ]omuM of such private way for W p*epO.* foe whirl It win alit I ma1:Hod. mnunWm et thy- lane Ile the period Y ace you. shall wwu44.Wnd4meu of this hawse. Yours a aWdm4 a lard. tK • 5 • 4. '. 1. • `4 • 2c3 - 1 0 9 • • d .ey rw9 Ten (10 /. b.MO/En/ M/lntle *`-..014 N. tN been. n and ..rowan N1. rt .rowa.oWn flail law and *Peet ants tonal. nn•.J 1; natio . n.Wk awn. 17 `.,Ear party b on any other party n len 10.4 n tuy.:n eavena. a are eau ed . 1.k ltnnuudd..,n: b It le undone MMM VIMIf et 007 Woe lM nyaeniaae and nper.WUt 0: said rivets hay shell be wen✓ id th au* boa e 1W by ans the Jen. el We bat el way fee niYUW pa a Ube bane . 4 kawwalt0Y as teal 11 Within thirty Lays attar IN untInallw. a 04..nno.ot howsoever. the /team..*1 lines'. sots sots tape rhea. the e 11 en ea . the lkp renew ene to 40, re Wn .yd l.nv.t* w.v .!. - u .ne ad eppnl6 e a J a - 4^.. and .0 od av aed uaw a W .. con.uucIs4 a nnecL: w 'o n 11.ld ;rive , r , .nn ams. tr.. arum. e. the /tensor, inthafog alI nCLtnlany keen to • tan41',.o wyc3 wvl be sau'1eenry to the Laeoeo . and „Id amp Lanaee olio r W du. of Leeman au/ do sods work el removal end u. r m.lat shah 01 b t•' W +n Lanett u event ent of W nmovel of Y pavan tray WW W I. males presided. . Ltenser shell one Et thea4 00 We ILCenr. Inc W. ar slowed by lacuna* for ot es account of ruch removes/ and such removal sh not p :n a npa .Jud llr *au g V sour W W et somau a o therva welch Limner er ma one. u4"4 • 1a /tattoos. n It is understood and agreed that the Liconsor'a lessees shall have the right to use said roadway and Licensee shall not cause said roadway to be blocked so as to prohibit its use by other authorized persons. Il Te connate. ayaatla. — —aWsa At Mb *rsa nt /hall ar.th to and b• ulnae( open t0. ]Jame la aM.un and ...gat and Will statist ballad be Weding upon 1a Llama* ad W h.Yt admu.:Yrataa aawvtaa sucenhn sad 0..1 of to Jana* les to context may thmW. ad the term •linnet• 011.4 lama Nam be new m bonus suck perua topatanale. or mrpor.tba as an maenad h.nls mat to wooed part 70. faunas WWI 1.1 bola Ihla Yana Or sty Interest W.na dha{y Or ydleeapa ear SWIM w 1.w wWaa the wata0 taunt el the beam, She lath as .buW.L w eet W Winos. W Wan loos ben rind — ;nano is M den' *waled the W W Naar TIE DtiVII 1710 110 ORAN= WnInX :.\...,1.. .Anl,sn COMPANY. J*.at 7 IT - .y.... .1..'l. ' 1rr.:S11 'V.; r I ••-• i - • .. •■■ ' GRANT AND 001{OANY ATTEST, ` e ` llII President esefetary • • Y • • • • • 1 — • • a53 - IJ ' D • N.W."' S.W.4 — I \ // I 9 I SEC.7 I , sc 105., R84W. , �I I ' T. /' { 1 al in wt N l *it:: ZS• 0 L�YJ JIL / DA \ � a 3 i . ' / ✓ iii, tp l I O Cr I / . , ! • ` / \'.t:.-: � __ " • 4 -r i : ' . I oti ° to 4 4% r Oct S.W.45:N4 r. ,„4,- :.. \ C /1 / '. : ` / SEC. 7 n4 t - e D. & R. G. W. R. R. Co. / T.IOS.,R.S4W. ASPEN / r.,. Rifkin Co.,Colo. 1 1 i Litany* tx �� • \\ALL • X 04 r - `± !'r,= 0->_ r . . .. — Dwg r c.A •233 'I i • • r e " .+.+....�... r- e \[... 1 7 8 - fill 3 . • �i ru at ed for retard at 2x06 P.Y. - G. u 199! 28b r.... as Neeeptioa .e. 104724 - Pegg: 1. Coble. 1 ( _ . ` e" "' LEASE ms A a od VAS 2110 OA t1 b I y ,. 71111 Dint* AND rt Ns W r GOAN[la W1311(.1.31 RAILROAD CONr. . . sten td .a. a O amnia, SI SI a • salted Setae %adltrtaad 'it a . O pd d s =94 sad Y L Welt. Larld.alt le eat Ad W2 *yca (1A, s Gea•rt+areaalr ae.ror at *ILIA L /any Cola.. .fr. sealed tame wmfeevR rya { L ter..,+ sentersta • W rat r M rat ea IS .. r d M k 40, .. S /realms miner W ry Ca et T11kta ate 19 , .f. csnptlen As i ngiiar tweet et Ltl Wrl pat +t la - r.Pr et t . l; swtdlsaa'arl7 st a Ito 34 tat .atbratal7 at I. era at Asps, talwido. parallel the witerlia ad aid .+wor4 Ansa Team rtl .. , tow and ab tl tat w ab ee tllred la red w lay Iris 0.5 b S lad abort a do feu. pt • � w. SO�r bleu attaalaed W tade • lard barest. I rm : d on err w � .. n . ' both tae,!._ a 7,1.44+ 1r 1914 SW j� 3 R s * ,00. '• ant s • : • i yam . I r_ ass= Won fnosllr Ito.. at r nay 4. a our . M e. M pets Oda. W OS Orr .... -- t total w .rod non W • any wade tat r O. I tl ad .. t aid lay I a f Lane. 441 W earn r be ann. ti. W Salo sh b I1. r 1.Y ra . 1T r.� y,+ a r W rim a u_M_er Apr sad fee es tame eat %wtywat stamp 1 4. laMwr.Y —IA " an mean Sr1..r..r ales the Sal Pry resin m'L W repot 4 1 d ill. i....t r11d.d dear. near. {W W t'1* W yr. d a...a'..d.. be eclat a wan r Lrer .M W1 en Iareareab YW Warne M a.I.YW era wan W L L. r W MW.tb. 1 Lan. Any Irpw u w.wu cad or plan V.• meld sell .6.O et err .r . . I W YM W bane '1. ry 1f7 a. property .f W Lasr, wbj..t to W .oms'ba Wheatl steak pwwld'i non. tW 9. a W M.ml..aae a bent le.... Well W-. folly paid W net Wei. nand W .WI Sell an t v. ^s1. Wtll.ily kept sad . terel t La '. 1s na n M Lessee rY awn sea Ima w se ..4......" !.r (WI meted a ? Plod upon uld lanes by ..t' lama .d n.... ..rd p..wlar a •. +a.. WW'- L.... sin WC tf 1 I f. be en lan...Wl W a 44.111 , a r l.ndwttee d WY Ito. Waa.gr • a 1• .w� 4 Lae ..se ` WI t oor' , M may. removed na. rte wend by f f W u sole said Imr•rura4 .W r rprW {two my tar dews W naow W raw and pert rY amen te aWIwtWly W.a Ines Atha at W sa d lessee neat say WbWy Wrest. f ' I • 1 d M Werra W lr tine I .54 .p n i ts wee n4 dated rate.. ad W rtes. tS.d red W r alters Wet la dm at of stratums the In t tamer es nary r V1. tTDI d the Ira WOW . epee, .. W t fa ma for es tear.` W wMr+te u W e4ipd 1 Span, than 1 L L find' _ e m yew .t ant tlat t a tea rV wan ' . tom elan 1.d leery n Jess ` . ✓ d sew d W namable namable .rtalal aWa M HM W Ire... W rW 4 N. ,, r{1. W awaar u 1.W/ a, MSS ( f. W.. W a.nYU.rlr. awn and mot r Ito. 1. wall die W In rela of WW, ad ;T . . Weever .NNo. .114 peal... i .l e - L /yy..oa. -1 n w .pea d a pee a realms W W Old Sal ..ve,.l leant, a amt, a parish In : s. a amt.4 any S.W., near Wes dz (.I fat m LL. ...nrl it a , n van, ..•.a W .r with the etas ^' 1 east a W t..1... u' ^pt nth! mew m.1 weal. at Ire'. raw ,. u .t . .a „do.Ly dell rb.aM 1 IMO can MJ.mt lo oath proc._a. rush.. YAt ..4 Mtlw.. ea. Sol u . a. Nr'1 M i _ and fee the an b. 4\ .odes sot era no W ttl td a W Inn. ..0 th say Intl 1 fit r ._see �. . . ■ _ -..:� ■ • X78 - «1 _ 1 1 11._. . t..w�y . G • I i , . . 1 • - yow1 Nth Ostam r.ott t W lao to nab= dal to be W to bet.tt. w Www. te.Ob tor YOrr _t• pew1.. tetra Mot tart ra w 1.SO•d..rdeaw go eat Oa MO W .nn. .Ob .D w . Woo a. el warm..+ s It tido MS. state 1 r W y tatene tow w.4 la ape. ' wooly LraN. Leeele. bale. a.e�.,. flea( Nab � e a Mandel us+ow -art 'aid 7x41/ b woo boo o w.r.R w Ore , .. . .r. t w War R. YOe...bi. Thad .aayaani WOO w theca raatoath Swim MOW toolobir. .Yd Y tl dedeidty. w by t. Maw .M J..CW l.. r.. etb rink.WOewln r W m.t1.rWl Yw.r..r W'Il Dot 1Iry la..,' Lrtier 14..d la t..t * 0 M tb W tt see ..' M d Insets r titter .r ..b.O.t c W PISS 4 O.eatW MMf Cad.,. der Y wide lade wlMwer r 0 Sol .t w .der w 4d..�1 Yw ..W w i. .fl 4elrl W r rbl.l - 11. 11itr h.InDi._m..t pots i. t►Olwti.lobo Y..I.. wwiy..W Wlw.r\ 1. I.d.►.b�tb. b.r •O� Y wd. de beeN—..l 4lw.rr ..t tr. aw e.d ... . . MOM air a..w.Y l... Nbw..wew w r.bwt.W robs robs . swam Ma w tan M...Ire. arum .n. t...I.in, awe 1nr.Y. wet hammy/ last M. W d lapty ia a t .r•d rMVV W1.NfwW Wt••r1..waw..w.rw is Waal all many ego I: ,i u MYrlw -Id r V n2 .. n.11 :P.M 1/al .MM /w4 a../ Mehra S.S D s hoe y t w Y... 5 thioattlet O .1 lb* 111-I � oar by. rake: tWVOW) . 1V... t to b ltd tr ..1dra.trtlw lnl.4rr W b. WY II OW by Si W W tl ad ow Y Nor. W ptrn.rae ry mot olbe W L....a f 1 1L Doleell JI r alt SO r si. m r W .o..as:a blot ra.l.r l. be a ! ere Ilan rd wtra.4 r It Lees Owl obtain W Woe l.wkea w 1. tort a:. n halal 1. t Wt w.ri.r . p► .ON by taw t.4der It SO r load 'Wolper m. Ma wet- *be d �'. o i t t.. mt...lwyl.W P. N. .. old oor 5 . o w .. mgaL • hat r wq m.rrrey r r On, W der L.. w .i. Se mom w Lam L r wr W ets.. W W .W w..tl...N• le rooms W wW legit. Mew real IL NW --day MMe p... by Iw to Iwo. .W1 be rod r b.r a waled MW. Yell be W 4tlwNYIs ..roetirw.'. .S rNI..I.d w W Feria lame r Lewd. log Iowa .Yet. 14 d.Y.r 4 al 1.NeSI-7b idea .Per M to tin der pews to W pert :%w..4 r nrla. We Ito r soy hawed .beta welt M W with W mitts .root .t W Loma 17. Meer..o -O.W a.rirmd r hotshots p14444 IS Yr WO Yon to r. rdO .t W be N.► Ia. won W I.e.I.. berate W that a...Ow isa. eztettors, ad1.W.Mw toreoro.. a - Silo . 9 d WOWS r, W lodes Yee 411 OW W Y MIOa., W day d pr Set Mete • } wWs r11 Dd.O1 AWD 110 O1,tND1 w... • o•..n.n 001: Olt. Moll i , , . ,l.I,a I Joao 8. Ads Lams se Yr111d.nt M, K. Lon w -'. tom_ Y•z •lr L. I a J I.1 ... 0 Coiort..r. • ..,:e. S } , �.t . y i:_. ' • • X78 -44s . k .. lin M 4 n ei1 l.. ^4Y ky -^ja 's Y` i , . .,_— .— ...- . --- — 1 li I kl I I 1 _ i •t iy ` N. 02 J • S c : • :: M „ w rist l ° F % y am if 1 I i c , W _r n rc , ', f k � 4 - 6044•.1 air i •� , 1 < 4 CT ea d 110 O V D. R G W R. R. • ,V 1 „ 4' • .__�. I , $'' ASPEN Pitkin Co,CoIo. ` \ - / \ t SccI.'P• 100' 1 lane N •'.�� , / \ . � „\ " 7 l i s / ``` T T 1 0,b I / ti, \ �\ • I ? f , \ ; _ /// rft4 , � bl � on Nu.1052 df` .Yi ,} ij 1 • , .raiF r . a a /go — / 8'z mo^ 'C!a' f a goers H7ee 1M Mm • oe per t.M1. 1AM lieu — — stn we err we w w— i . . r C6. tee telt w that pee rd two It • ea! .a Nis M n 1S of the Ilat,d Woe, ar {feed•, far ' sad hat it- •IGttr+.f eat Hoe . y ••..•.y st t . t a e[ tie [ir.lee lister the tnWt! t . ' i t•f'ta attt + le teed •riatimme nth , tatlas its• I tna-:d a:t sell e s rat t' t' t �- � in v e e r . . .. yn Fri te •el the rota. roe refuel brat ya. due ints re- list y . ; • ertl 4a et .ens tat *else I strut to thaa• tore attire tTT— wen e:ed frt•a I ' ri '.t I &Wired yea fat feeling Inn enroll: pnetrty w s s worth balder•. Les. anted they • • t'= ;&pram wc.s to •rrll.e ow the gene /e.tnr ens w to the ear of • htrae sale., 1 - -� Save witness 4e Ws .ftM Ova .r1 yule: t, 1 .:r . It t time you . ycn wife nrd tee Tlttivi. I told pre test Pratt trltrbr a .1 Iasi , let Us cc f ✓.11y Wield to earl much 1a in 4. yenta** of the Drop•rty r' y welled r .T•rry to th n e Tar, vitboat tottats within Mesas after the ltatlat was to *fteet. also 4 1 satyr *hotter stty to e+nteet the •ute.t n t.d toyer and * advised 1.t was tit eel. ` 15. In to -eMtt4 , at the region of • friend, I triad to tell • party to singer without without 1 1 •ustue, end w•• on the ray to the pest ofttt• with • letter to the Denver art T when you ll ai i;notated ;notated me with the prerpoaltioa that you dlda•t wish to sell. you t to eve art 162,250.00 because I thuu,cbt 1 bed tar property sold vary goon. 2e feat 1 an /deeply rn,toer.nt t g1nr the ',lets myself, or possibly with • partner. Mow.t.r, I 444 Mat rj u.ournt ran rleht under the etrwameterame, thinking you would probably wish to alt bete ;too lone to the nttw.. 1,., t coupls or days later a tMEnd told me that you Were selling. to Tt*Stfsr. 1 didn't tel: 11. w. It tut w N r et out and confronted you, stating that you would n to pay to the lull A leorvl.alee if you std sell .red that 1 thought 1 should warn gut to Ingo My for og d.nS ea .t to that eiffsot, ;that you were selling and that mr, rr.trr.r had simply C Then •- ^t r•r friary! t•.ld e.. that au had probably wade the deal and today I ear in the 1 1. I Asr.n T1nn that you had sold to Ffetttir. . . CT. Therefore T hereby rive notice of my interest In the below captioned tercels of lend nor a 1uun.d ty 70u, nks Lot 20 to s•etlon 2, Tip 10, Lot 11. in Sao. 2 1 end part ilia allo 1 I see. IO lot 17 3 in See. 7 ndd lot 5 Sn Sec. 11, 1„s 7 477 A. to John C. µ9. and al' the above gro located In TWP 10 S. M, d5 W. of the 6th 7.14. Alao • treat lot land coot wining about 120.3 A. located mostly in the Y, o : and 5,W. is of Sea, 9 end tin q 'WWI of Cvu 16 au.: all 1.t. Ir. . B5 . of 6tt h Pg. • d, 1 demand that shall be paid the M w bt•na• of the commission in amount of ✓ or M the Friel /ego to buy the proierty at the eoptrset price and Ulan, to Fri•dl Pfeiffer or any j • buyer to whoa you have riven •n agreement for sale, or reserve tar option of both tar _ curs•alcn and oriel/en ca sett, SLOWED Jame. E Moor, . 5 WITeFSSED BY We believe the tangoing statements by Junes E. Moon are true. WITNESS W. W. for Far. + 1 County of PI Orin rate of Colo. I William C. Stapleton, • rotary In and for the County and State aforsld• hen this day witnessed the signatures of the following persons. Jams E. Moon and Y. 3. Fultz All have tfflsad their signatures tar data of this document, August 21, 1953. I My commission espies July 10, 1954. poTAAIAL Milian c Sterl.ten gGL i - 'joli Pane. 11 -. riled for geeoM A L1 se 1957 L 4U5 P M by lien C . pli , w Statan 1 .. I y 1 0 100:+05 EASE11ENT DEM I 1 Thl.t 22:T -r . lode this 12th day o A9 -rust, 1953, between THE DENVER .HD FI0 GRANDE airTany 1 1hAILNJAD CJI: • Deiannn torporatian, putty of the first port, L. P1:S:M COUNTY, a fpuiltloel subdivl?1on of the State or Cnlond0, party of the second part 1 1TNtS.Elh! m That the p arty of the first part, for end in consideration or the a u of 0!.c. 0!.c. 1 ! _:elan N1.' ?'1 and o tter good end enloanla aonetheratlnns to ton party n( the /Irst part -+ polo by t Om party of the second part. the receipt *nereof is hereby con fessed and ecanowled4 1 ,e4, hue .;ra:.ted and by these presents does grant unto the said party of the second part. it' . { u se suQC.:eres1 ra s goal a fo ta r m party o ever, the f r1 the .:wet part •Ili, gAt, prlvllege end in the re etaenent nt half for nlg h ' purpo.ae ^et Over W o . l a sl f s o t ta. ro $q wrier of Section 7, lownsrdp 10 South, Range 54 *.at, S Principal Adman d.Serteed f 8u11.,..; th I '1 Gue' nctng at e lnterae.Lon, of the center line of .rain Stre C IL the ctnt r lice of 1 � Y111 surges In the City of aspen, ?Rain uiunty, state of Colorado: thence :•orth 14 degrees 143 minutes teat along sold center line of I111 Stroat • llatuwe sea about 434.55 feet to liar mintersection wt th the soutnwn t rty boundary of the station grounds of sold r•ilroad C ereto' i, 'w 1 aeld point G 1..! the true point of beptnntng or the loon over ankh Said nisa. nt le hereby 1 ',..cod rich a Korth 43 degr:ts 03 rtnutea 32 ascends Most elms said artt n rrpuccs ooundt Ivry 14.19 feet to • point located 12 foot ninny:uterly at r1 -ht anp,lns Cron Gres produced i . i e o ur line or earn 4111 strn t; thence er ryh 14 larva to 43 minutes bast 62.43 fait to point. • I f eurrel venue n t t. fly end northwesterly on aurae to left with radios of ^.74.5 teat a • r.lar ca n f 1• r' nc t t ',Ant of tangent; thence N..rt , 24 Leureae 25 minutes lest 174 1 I pt man -- If ^t '1 InlrG set r L 2 11. 02 (get t a :..n ly end nartrerly r . e curve to ttr•irt el th 7 ml oi Correct ..v 4.9.1, feat n at u . of 21 1.01 fee to pai o f t• t; thence North 0 degrees 'c minute "urn T. 31en -. Y ' t 1..J.... fart Lo p1'Int 6f wawa•; act; thence North 70 degrees l: thence un curve to left with rad of 10 r ent 4 eta ;,ref o f D r.[Nmen t..ee or rt fl 2 ., fa t t5 !nt of ten ml 0 -, 'teat a dietspae 1 _ • ...t 0 at .o • point in the carcrt surly bau d ry of the station r r le nl slid __ ! ^ le^sted l2 feet seat**•^ h- y . .StOr t , its from ten venter lir• of si ary r -Pg 2 a m .t. t 1n told City nt Aap tt :e + rthe•ste sy along sold •taunt grounds bo rafL ' + _ o^ e .etarly a t r 1 t le e ^ 1 G .- � .ttu t: 1 r t rt aeG Cr:nfr'n Lrte wit: F'.. I� .•..r :ze)t .rn4 ..1i re •nn • , r; &.t •r r. L!uC ( . r --grew,,,-................... .....amn+rra...r.— .— .......... . 6 • a .._ ✓a t -. - 1. »f I ' • .. -lees •' .. .. -sees sees .. les G y 3 , • Is C...e_ . a. . else.. -sees n.. _.._..+. - 'rdl,� l Y° c . ie. ., . ,'.. L+t w ,- .� _. _. ee ls �. .:_ .�....� u. . . s ._ , _ ' ' •- - ;?:” "1'.Ng ";I 81ilitalit wEda6r1.tr4ft+0§]khSt"1: 140:am :1,Sacrkiar V;'irrat Or't ''" W `••, , �n snr•AStR.`�w«t�ra/a..- t .. .. - • - , 415 1.21 1513 ly Y - _ a - -- nM 24 feat northeasterly from tuft last &Lova 6eaorSbad curie • distance of Stout 143.66 1 . -- , feet to point of tangent; thence aouth 0 degrees 19 minutes Went %$h O feet to port of curvet Ln.nte on curve to left with reline of 466.5 feet a distance of 200.66 fat, more or leu; thence South 24 d41(78112 26 minutes Ent 160.0 feet to a point of Curve; thence nn curve to left with radius or 50 feet o dlet!•nee of about 100 feet to a point in the present . easterly lino of k11. Street within said elation Rounds; tnenoe southwesterly along said • star', 1.ne of 4.111. Otreet about 160 feet to a point In the produced tenter line of N131 Street.{ thence -foot:, 14 degree• 43 minntes teat 'long said produced canter IS a Y 111 :treat *taut 140 tent to the point of begtr.ning. cont•ning 0.36 acre, more or lets; a. ,. Together with the rlfnt to erne at E•d• over the rye trans of said Hallrohd Cowpony - le y. ewers nein sat rte •,r land covered by this •aavn track s { -71 Internet* meld eye tras{ 14 All e. •wn on the attached ,ep numbered AI!-20 and hereby roads a part of thole snsnetent. Tu Hole T 'LD Lie care, to✓athur with all and (Surulur the a and prSvt- e° tens the rating or In any way •ppert•Sntnq, and nil the estate, right, title, Internet w r claim anatannt er of tea said party of the 1 ire. part, whether In law or t'ulty t I 'n trio to = u ancient Lorain and hereby gr•: :tad to the only proper us*, benefit, and tattoo( !of 100 said party or the . -'nr, part, its carne aura and assigns forever. 1 IN al YNE :S AHBVEOP, the bald party of the flrsl. pert I. +s caused thaaa fro :nr.t to be ex- 1 uul.0 oy the nand of Its Pres Silent and its corporate seal to be hereunto affixed and ettaa -! 11 tort 0/ its 0acret•!ry ran nary and y•ar first aoovo written, {• 11 THE DENVER AND RI0 UN :J'DP. WESTEhN "� RAILROAD Cu +PA!IY ; by Wilson Ne:er4hy C11110011111 I t SEAL rosidnnt I [tent I T. A. Than. ant ..... ' uecrutary i Tv C( YATY GP 1 31Y AND coUi' t t es. The foregoing lr.s Lumbnt was acknowledged before u thole 12th day of Rl *1441 19.`.3. b7 4 l 'aiLJUN XcCABI ln u XeCAH711Y as Prtsident and T. A. THONPSON as Secretary of TilB Do Oloh AND RIO .::3 t.,o lnuau uc,c r Uwe ration. I A 1 N not � cnrmleaton AhY, axpstr Au gust re corpo 11, 1965 3 Witness e.y hand and of tloL n6fAail�. l 'eel. Willies G. Prescott I Alp ht i {I c d as to form-' Notary Public s 1 ces ntlw'uef 1 o - 1 obi• For - ren Dried un file Ir. Hec rder attic 1 J f r r' - hot r.:.a. _t �4. 1553 at OI30 ,L'. o, u btupto19u nv'.crdc 1 :e • . . April3 ,. E a 409 (1-102 1950) 'plantain 0 6S0 THE 011 ITED STAPES OP At ERICA To .11 to *nom thus presents - hall come, 0r•atingt {E *nen..AS. • toe u+ Cutl flcate of Lr.e Land and Surrey O111: a D enrnry Cotor&do, to now deposit* s !anneal anneal of Laud .unagen ent, .nole ,,, by St &term that ull -a e F a n roan ta l ... - , 1 nt rge C. Meta .,cording to the provletnS of t e Act f C areas and 24, •" tun •M A lt retain/ . .1I“inl• prints :or. or t a -.tan," yy L a . 1'. .ntSt theeo fr ten on� sert ewe 1 oh 't 9o, 1 Ln U 12, , 13.� J 1 "o 1 94 H. d W Sno t9 EA' e- 3.:. ` 0 S 0e • Lo N }, j 4 , and IT{ ec 41 Lot 1, Ni}NBF N }NAB n , a - .. Soc. � v Pei, 5' NA li3A} We'tNI fee area dose rl dfil It Ln +S n Luruau of s, a000 • ff{..a. Y at ..: tare away of t• c etld n cone carat Sore cf the pr:::::::itc::::eru..1:0:imtgillstriai;11nfcue In ... :_ � - tat tho U a f:' '3 F A. de4 r .,rid 4ruv Sds d. L'Y •.!,D [ -- `c f r : ', lt' t11u aavr1 1 Aeta .1 '3IVE foll sea I n n coon C neire ... [ d 1 r 1y t ea r s'nts IX. S 1Vh r 1 h 4 f u a tie Bald col weal. andl.nr ai Li, dnsn 1 11 il0 1 He LC tre name '. 1 •1t t 4r t enala00Var natumraunto ! . In 11 I rin to the hal a rid a e! rf the suttl elt 1'or u Ca - t - nt ri r l tu _turS1, menu al• t- ! I� un) t enJ vortod r and c o r uns Ire .nr 1.4 -_: used cc s I sfflt l+ e a u.�d r ha to wly 0 d an 11 t-n a aced Sn e. 'n •ctl an wt tH vi. tn[ r3 Rn{a. .dv'n tan c dcelutme of en :ILO; I ate ma/ saw rat r . .. r vn as a' .a1 a d•:utl of th fora' - . bore r ry ly t , the lands f t United d d n ,• elating tam dare far n* has oT tot ' ca n t / 1.y t rtrn'ty of the U IL d ..rtes ax. : ytinR sod rennin*, also, , the Act 'u v't 1, 1 (60 Stmt., 756), I , D 1t t 4 s F Ire art to th+ pror la lc e r' 1 alt 1 1 ua' o b* r d Ler lad c to be er paclel t lnrly 1 1 , r e ^n •Sterol i ( rs earl 1 t t C n :1 fu n fl eL ' fl - a!l onnole w t et of u - - �J r. 7 1 p root alt ten r✓ t c 1 - a United Stan ea tl r SL• ' tro 1 oaJ n t r r prnaentativu` to 1 -M .rid l.r nw I a and roeavn trio . a, r 1 12 Y . rte •elatetreed actor rtr d n of tin bulead L n pnmentj a L in wee 1 ate wt1.. tun { rev Salons of tun Ac . Jun l9 4'?, 1041 1693[ L 4961) , has hash in r the e unitod t t caused .lees s let rat to be mane patent, and u a a 1 u t , C'JCS*jil . ,to a uer 1 J olumUla, the FOUH7.1 day of JUNE to tiro y •r of t a I y lo ..r IJec A m h o, In the U alt et a ✓sl I - �T r L rd : e t an d nine 1'1nn d f CPY l aH 6 and of um +wd Sauce o r t n L :c�c? M����tYYt r ' e.l t ewer tra one •u.erat nil •Jet tY '1'. (SeAL)� ha l Atln.n Ltn,t, r. Lu raves of Lund my note nt goal: - ! +/ 7 T w. G.' ) etch! . 7. .t.f 1339.173 w..•.e, ales. 2ptrnis e rgnn, +7 = �l a j ...+.. T . TT Y..,nn -r — ! .WIC ISr' i _ �I�f�,} — f O n Mn� :r� i1.1J ..A. IJ,C J t.l L, a r• I iWa7 � u 2 .J Y _ Y► i 1 LL i i f J AIL'. QY .M _ .. • a. r + v:;-. 1 ms,�p v ! �m, `e..� -fir„ ». .., -. �u! t!! a.!✓•• Mfl !ifi'WYitR.aA:�il9.^LLS:�'�..... -' , . . ' _ � `` ' � . q • . "t ..0 j {' i •_. f • . 4 ,24( 787 ✓ •Pillsl.for ascent et 12.20 o'clerk P.R. 7ely. f � • . • • _ Ise Isar 136094 Peggy . e;:s 41 .:e tc RAIMENT DIED i. THIS DEED, made the 12th day of Juns. 1969. between . THE DEIIVGI Am RIO CRAMS =STEIN RAILROAD COMPANY. first corporation of the State of Delaware, party of part. and TIE CITY OP ASPEN. a municipal corporation of the State of Colorado, party of the second part. 9 MIIWESSETIIt That the patty of the first part for and in coasidere■ ` tion of the sum of ONE DOLLAR to the party of the first past paid by the party of the second part, the receipt whateof is F hereby confessed and acknowledged, has granted and by thew presents does grant the right, privilege and easement to �,_, construct, operate and maintain water lines on a 10 -foot 0 wide strip of land being part of the Aspen Branch right of way of The Denver and Rio Grande Western Railroad Company in Pitkin County, State of Colorado, the centerline of said strip being described as follows. Betnnning at a point opposite Railroad I.C.C. • q Station 1767490 and 10 feet southwesterly at ,/� right angles from the centerline of easement 0 granted by said Railroad Company to Aspen Metro- politan Sanitation District. thence southeasterly parallel with said centerline of easement to a point opposite I.C.C. Station 2163415, as said centerline of easement granted to said Sanitation District is described in Easement Deed dated $.wr.0 ✓,,967 and recorded in the records of the County Clerk and Recorder of Pitkin County in Book .R'// Pages ?Al y/h Pw1, Nis....✓ SHE• RESERVING, however, unto the party of the first part, its successors and assigns, the right to use said strip for purposes which will not interfere with the second party's full enjoyment of the rights hereby granted. This easement is granted upon the express condition that the hereinbefore described property shall be used solely • for the purpose herein set forth, and, in the event of abandon- • ment of all or any part of the same for said use, this easement shall cease and terminate with respect to that part or portion t 4 .. ' .,,.e s..m.wiw + s. -^e.sn _ ,. ',+ sew +�'�'+aw�++�°""""'-'"".�w.,.- ,.- +s.e.+- *mwe9ei+ ri -•611 s of said described property so abandoned and said property to abandoned shall be freed from the burden of this easement. • TO RAVE AND TO HOLD the same, together with all and singular the appurtenances and privileges X11 the estat g • or in anywise thereunto appertaining, and right, title, interest and claim whatsoever of the said party • _ of the first part, whether in law or equity, in and to the ballad of h the said party t of the seco d its successors and assigns. The easement herein granted is subject to all. prior ease- manta and Crntor makes no warranty as to title on lands over �,, which these easements are grafted. c IN WITNESS WHEREOF, the said party of the first part has caused its corporate name to be hereunto subscribed and b its corporate seal to be hereunto affixed by its officers thereunto duly authorised, the day and year first above written. - - THE DENVER AND RIO GRAN ^6 WESTERN RAILROAD COMPANY a xe i e Vice President • , • . 7 E i „ .. ,; E < 'ten eneral Manager ---9\ . , AIR'EST. Secretary 1 4 1 _ 0. / i . I 1. _ , • . . dt‘t - rep .• q • . i r- .' , . . • % I t . . O. ez-•211. ,r,t 989 . . . . L , . CITY AND COUNIY Or MYER ) ) se STATE OP COLORADO ) . . . . The foregoing instrument was acknowledged before as this - . / C day of -.,,,...".-- • 1969, by W. J. BMWS as ;. • i Executive Vice President and General Manager, and W. 0, PRISM/IT • as Secretary of TSE DENVER AND RIO GRANDE WESTERN RAILROAD ' . . COMPANY. k • ' '''' ... My commission expires )......"•(-#/3"//7°. ' AiLTNESS my hand and official seal, ‘ ..t. 1 /.1) . '..' I ; - - . ": . .• . . t '''4 '' SS ...... ,,• . '.., . ./.4.,.. A r I 4 e-741.t.r In • ... . Notary Public a , , ) I . .. , -:. . i . .. - . 1 . , ) . . a... ,, , , .• 1 . .. . t ' . , . . . , . . ,. • ., . . 1 r , . , . . • • • 1 • .24/ - riO • 0. y.w Jun for record J, 26 !t) . 196P at 0 o'clock IN • 0 Reception Ms Ul9)0 'MY 1. Wallah, M.ettr • • • P.' re4' r, 8A0 CASCMEIT AfYR ta,Rw7• • I8 AGRREIEPT, Dade and entered into thin y re day of ., - s. l , 1969, by and between TER DENVER AND RIO O RAILROAD COMPANY, a Del corporation, here - Lnatter referred to as 'Grantor,' and THE ASPEN SANITATION DISTRICT and THE ASPEN METROPOL SANITATI DISTRICT, Pitkin County, Colorado, hereinafter referred to as "Grantees.' WITNESSETN, That Ica and in consideration of the sum of One Dollar • (61.00), and other valuable considerations, the receipt of which is hereby acknowledged, Grantor has this day bargained { and sold, and by thus presents done bargain, Gall, convey, transfer, and deliver onto the Grantees, permanent easements _ and rights of way, including the perpetual right to enter . ' upon the real estate hereinafter described at any time that e ■ it may see fit, and construct, maintain and repair under- , ground sanitation utility lines and /or outfall lines for the purpose of conveying affluent through and under the lands hereinafter described, together with the right to excavate and refill ditches or trenches for the location of said pipe- _ lines and mains, and the further right to remove trees, bushes,' undergrowth and other obstructions interferring with the loca- tion, construction, maintenance and repair of such pipelines. • or mains, which easements and rights of way are described as follows; • EASEMENT Al Reference is made to the following maps which accompany these descriptions, t Right of Way and Track Map, Denver a Rio Grande • Railroad, Aspen Branch, Station 2056+80 to Station 2295+19 dated June 30, 1919, and corrected to December 31, • 1927, filed in Plat Book 3, at Page 388, of the records • for Pitkin county, Colorado. Right of Way and Track Map, Denver 6 Rio Grande A. .r Railroad, Aspen branch, Station 1860+60 to Station f 2056 =80, dated June 30, 1919, and corrected to • December 31, 1927, filed in Plat Book I, at Page 389, of the records for Pitkin Courty, Colt ads. • Right of Way and Track Mal, Denver 6 Rio Grande Railroad, Aspen branch, Ration 1677+1' to Station • • y b • •.,.hxi wn. , -.milt . ,..- ,....,�. — 1 ti • . .r 811 1860+60, dated June 30, 1919, and corrected to December 31, 1927, with land corrected to December 31, 1941, filed in Plat Book 3, at Page 390, of the records for Pitkin County, Colorado. . A strip of land 10 feet wide, being 5 feet on either side of • the following described centerline, i Beginning at a Point 30 feet left (easterly) of the ' railroad bed centerline at Station 2163+15. thence n on a straight line parallel to and 30 feet left of the railroad bed centerline to a point 30 feet left (easterly) of the railroad bed centerline at Station 2153+80, . 6 thence on a straight line (northerly) to a point 20 feet left (easterly) of the railroad bed center- line at Station 2150+55+ thence on a curved lino parallel to and 20 feet left (easterly) of the centerline of the railroad bed to a point 20 feet left (northeasterly) of the railroad ; j. bed centerline at Station 2144+80: thence on a straight line northwesterly to a point 8 feet left (northeasterly) of the railroad bed centerline at Station 2143+23 of the railroad bed centerline;; thence on a line parallel to and 8 feet left (north- easterly) of the railroad bed centerline to a point it 8 Eeet left (northeasterly) of the railroad bed center- line at Station 2041+80: a _ thence on a straight line (northwesterly) to a point 1 2 feet left (northeasterly) of the railroad bed c , • u. centerline at Station 2039 +12.6; thence on a line parallel to and 2 feet left (northerly) of the railroad bed centerline to a point 2 feet left e (northerly) of the railroad bed centerline at Station 2034484.6; thence on a straight line to a point 8 feet let' • j. (northerly) of the railroad bed centerline at , Station 2031 +96.6; F L , y S 24/ -8/R, �,�. •, �_ r .r-.,. .. - , r • v. _ . r . 812 thence on • line parallel to and B feet left (north- , eaeeerly) of the railroad b centerline to • point k sd B feet left (northeasterly) of the railroad bed centerline at Station 1767+90. the point of ending. p RABTMBNT Bw Reference in made to the following map which :, r accompanies these descriptions Right of Way and Track Map, Denver & Rio Grande Rail ;. road, Aspen Branch, Station 2056+80 to Station 2295+19. . dated June 30, 1919, and corrected to December 31, 1927. A strip of land 20 feet wide being 10 feet on either side of the following described centerline: Beginning at a point 8 feet left (northeasterly) . of the railroad bed centerline at Station 2137+40: C thence on a bearing South 51.21'51" West, a distance ;, of 60 feat, more or less, to the southwesterly boundary of the railroad right of way. k 1i EASEMENT C, Reference is made to the following map which M r. accompanies these descriptions, r Right of Way and Track Map, Denver & Rio Grande Railroad, Aspen Branch, Station 2056 +80 to Station 2295 +19, dated June 30, 1919, and corrected to ^ December 31, 1927. i . 4iL.- A strip ip of land 20 feet wide, being 10 feet on either side of r ,.r the following deacr abed centerline, r. Beginning at a point 8 feet left (northeasterly) ' 4 of the railroad bed centerline at Station 2104 +9v: .. :2 thence on a bearing South 58.25'43" West, a distance of 60 feet, more or less, to the southwesterly boundary of the railroad right of way. t EASEMENT Ds Reference is made to the following map which accompanies these descriptions: ■ Right of Way and Track Map, Denver 6 Rio Grande i R.iituad, Aspen Branch, Station 2056+80 to State 2295 +19, dated June 30, 1919, and corrected to December 31, 1927. - 3 - •. i 8i8 • . . 813 A strip of land 20 feat Wide being 10 feet on either aide of the following described centerline' Beginning at a point 8 fest left (northerly) of the railroad bad centerline at Station 2070 +851 thence on a bearing South 6.06'12• East a dim. Canoe of O5 (vet, more or less, to the south- westerly boundary of the railroad right of way. EASEMENT Et Reference is wade to the following map which accompanies thew descriptions; Right of Way and Track Map, Denver 6 Rio Grande Railroad, Aspen Branch, Station 1860+60 to Station 2056 +80. A strip of land 20 feet wide, being 10 feet on either side • of the following described centerline; 'x Beginning at a point 8 feet left (northerly) of the railroad bed centerline at Station 2034 +64; thence on a bearing South 76•.0' East a distance of 230 feet; thence on a bearing South 60•20'34' East a distance of 45 feet, more or less, to the • southerly boundary of the railroad right of way, Together with a non - exclusive easement over and across the lands presently owned by the Railroad hereinabove des- cribed, as tht Right of Way and Track Map of the Denver 6 Rio Grande Railroad, Aspen Branch, for construction, repair and maintenance of sanitation utility line easements as hereinabove described and conveyed. The easements herein granted are erbject tr al' prior easements and Grantor makes no warrant as to title on lands over which these easements are glinted, - 4 - . ,z4/ -8/4 , h • C.' • 8t4 IN WITNESS MNENEOP, the pestles hereto have hereunto ' t set their hands and seals the day and year first above ' written, . THE DENVER AND RIO GRANDE MEETERD . RAILROAD COMPANY • ATTEl , BY�� ic sd ITS '�� tza President a ra1 Manager i ]G'shba t Siarntary A 1a` . f •., ACM SANITATION DISTRICT . ATTEST t By `- 14•.;A 6 . /n.. - A.. Y-. v irk :,Z.1C Gecratecy . ASPEN METROPOLITAN SANITATION DISTRICT t . ` ' t Y .AT,ESTt • .:_ ..... B� 4✓ G�� /.� ' ' ter - / , nn . • �nr- .. F , 1<d ice: ,, col d at .7� ,� A.Pi. Se 17, '97. ' ( eL't JOlt V. 1 tub . . .([ )< , l;y li. F1ik, .. , � �� w .�,� , •.,, • 411 u 3 A cv ul!.rr l r ( r ili WARRANTY DEED SEP 1 1973 r THIS DEED, MADE AND ENTERED INTO this IV day of So Ae,,A,Fc 1973, by and between JAMES R. TRUEMAN, individually, of the first part, and THE CITY OF ASPEN, COLORADO, a municipal corporation; of the second part: W I T N E S S E T H: ,,THAT the said party of the first part, for and in considera- tion of the sun of TEN AND 00 /100's DOLLARS ($10.00), and other good and valuable consideration, to the said party of the first part in hand paid by the said party of the second part, the re- ceipt whereof is hereby confessed and acknowledged, has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey and confirm unto the said party of the second part, its heirs and assigns forever, all the following described lots or parcels of land, situate, lying and being in r, the County of Pitkin and State of Colorado, to -wit: F. TRACT OF LAND SITUATED IN THE SOUTHWEST ONE-QUARTER CF SECTION 7, TOWNSHIP 10 SOUTH, RANGE 84 WEST OF THE 6th PRINCIPAL MERIDIAN, PITKIN COUNTY, COLORADO, BEING MORE FULLY DESCRIBED AS FOLLOWS: C BEGINNING AT A POINT AT THE EAST SIDE OF MILL STREET WHENCE THE WEST ONE- QUARTER CORNER OF SAID SECTION 7 BEARS N 38 ° 06'14" W 1542.42 FEET; THENCE S 56 °06'43" E 120.33 FEET; THENCE N 33 ° 53'35" E 78.32 FEET; THENCE S 75 ° 51'1 4 " E 67.25 FEET THENCE N 84 ° 34'25" E 121.34 FE.E THENCE S 00 °17'28" W 130.87 FEET; THENCE S 89 ° 28'55 1 11 184.09 FEET; THENCE S 00 ° 58'09" W 109. FEET; TilbNCE N 16 ° 34'5E" E 9.37 FEET; THENCE S 74 °37'51" E 141.49 FEET; -'T •.CE S 09' 1 12.35 VIM , HaE c :3 C N9.04 EEV. F i p.. : 33.41 .. ,'li:: AS:� OP A CUP.VI', TO : „ 1 = ., i .. ;T . ' ILIUIy rfl 3110 `;, V.:) A C t.vIIiCii };1.A25 400K279 MI gi THENCE N 73 °19'31" W 271.88 FEET; THENCE S 16 °37'11" W 90.78 FEET; THENCE N 57 °36'26" W 10.54 FEET; THENCE S 84 °21'32" W 164.64 FEET; THENCE N 87 °31'46" W 88.97 FEET; THENCE S 14 °26'08" W 75.82 FEET; THENCE N 43 °12'17" W 408.87 FEET; THENCE N 19 °50'59" E 495.73 FEET TO THE POINT OF BEGINNING, CONTAINING 11.496 ACRES MORE OR LESS. TOGETHER with all and singular the hereditaments and appur- tenances thereto belonging, or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues y and profits thereof; and all the estate, right, title, interest, claim and demand whatsoever of the said party of the first part, either in law or equity, of, in and to the above bargained pre - raises, with the hereditaments and appurtenances. TO HAVE AND TO HOLD the said premises above bargained and described, with the appurtenances, unto the said party of the second part, for its heirs and assigns forever. And the said party of the first part, for himself, his heirs, executors, and administrators, does covenant, grant, bargain and agree to and with the said party of the second part, its heirs and assigns, that at the time of the ensealing and delivery of these presents, he is well seized of the premises above conveyed, as of good, sure, perfect, absolute and indefeasible estate of inheritance, in law, in fee simple, and has good right, full power and lawful authority to grant, bargain, sell and convey the same in manner and form as aforesaid, and that the same are free and clear from all former and other grants, bargains, sales, liens, taxes, as- sessments and encumbrances of whatever kind or nature soever; except easements to Klaus F. Obermeyer for sewer purposes, and to Aspen One Company for access purposes; all easements and rights of way, rights of ore extraction and rights of way for ditches as reserved in United States Patents of Record and canals as reserved in United States Patents of Record, licenses, existing roads, h.igh ditches, pipelines, encroachments of fences, fencelines, -2- , 600K2 79 Oa 747 buildings, any tax assessments, fees, charges by reason of the inclusion of the subject property in the Aspen Metropolitan Sani- tation District and Aspen Fire Protection District prorated to date of closing, general taxes, insurance, etc. prorated to date of closing; And the above bargained premises in the quiet and peaceable possession of the said party of the second part, its heirs and assigns against all and every person or persons lawfully claiming or to claim the whole or any part thereof, the said party of the first part shall and will WARRANT AND FOREVER DEFEND. The singu- lar number shall include the plural, the plural the singular, and the use of any gender shall be applicable to all genders. IN WITNESS WHEREOF, the said party of the first part has hereunto set his hand and seal the day and year first above written. JAMES R. TRUEMAN Party of the First Part STATE OF COLORADO ) ss. COUNTY OF PITKIN ) ,011 oregoing instrument was acknowledged before me this ih r y of r ig '•. p+e_m \'mac , 1973, by JAMES R. TRUEMAN. ' \ h _ ' My commission expires: AlA I' Y 4 Cf■ v , u o_ a`.. Witn ass,'my hand and official seal. Notary Public -3- • - —r - .7 • / /9 ( 2 / e 6 ' ' _i r ,- " -- , W t r I ' B/-< 277r . fj 3S/i AOTIELflrNT THIS AgillEll=l1T made this -..l. day of 197" , botween „TARTS E nanuAN ,s', COlUIANY, P.P. Ohl() corporation (lerelnaltqr referred to as "Seller") and ME C11.1 Of ASPEN,. COLORADO, a municipal. corporalion (isrein2fter refdrred to as "Buyer). W 1 fe N :FSSFTH: WarlIlEAS, Sellor is the equitable owner and before . ciesing hereof will 7n ± ovrner, of a certain p or parcels of real 2Jop95:ty comprisiug approxiriately 19.72 acres Rod is willing t sell to Buyer a portion of Omt real paoderty ce;r1;..eicaAng approximotely 11.499 acfes situate in the Clty of Aspen, County of c..,t) and state ol Coloi.auo,• as more particu- larly describod in F..A)i.Llt At attached licaeto avul: yvade a parf hereof by reference; and wnntAs, Eelloa desjres to : said 11..499 acres and Buyer desires to purchase s.ald property NC:Y/ THEET.FCIlE, in consideatio el the mutual covonants contaed larrein, the parties bcccete agree as folio T. SALE. sollor herc.by agrees Lo sell auid F.nyer hereby .....___. agrees to purchasL, upon the terms all conditions horein se. forth, that parcel of land iocntod io the City of Aspen Com.ty of Pilbiu, and Sta:e cif Colorado as moneparticrianly describ3.:i in Exhibit "A" %L hen. and - arAde a. part herecil by refeoeaa. Seller and Bt;': bl':eve That si p.'. of land. 002;:0*.22 approxiately 11./129 'ore: ; hoivsvor, 5 ma.kes uo represen- tation as 1- .0 the :x.x •, oi adreago complising the palx2.(7..1 aqd the pi : yot fortli in the Aqrceit,eni. is a firm , : f1!:rac2H..11 ail: ry.:::.11 Sc) !(1 Yiaynv H. imimaily akn)wi23.:0 ti thc desbipL of Lne suoluot pa:::...Ly s Ickth in k' "IY' is not based on an up- to- -dace field survey and may, therefore, contain minor errors and discrepancies. Accordingly, the parties hereby expressly recite that it is their understanding and intention that the property to be conveyed under this Agreement includes all of the lands in which the Denver and Rio Grande Western Railroad Company has an interest as of the date hereof located easterly of the westerly boundary of the subject property as described in said Exhibit "A ", City of Aspen, Colorado, and hereby agree that the deeds by which Seller will acquire title from said Railroad Company and by which Buyer will acquire title hereunder from Seller shall both contain all- encompassin grant language similar to that used in the above recitation of intention. 2. PligCHASE PRICE. Total purchaz;e price tor the subject property shall ne ONE MILLION ,_1`VEN H fiNDRED FIFTY TLIOUSANID MW 0O /100's DOLLARS ($1,750,000.00) and shall b' payable in cash or certified funds at the time of closing. At the execution hereof, Buyer shall deliver to Seller its earnest money deposit in the sum of ONE HUNDRED SEVENTY -FIVE THOUSAND AND 00 /100's DOLLARS ($)-75, 000.00), which su:n shall, he applied to the pur- ci',aso price. 3. CLOSING. This Agreement shall be consummated and the purchase and sale concluded on the fifth (5th) day of July, 1973. Closing hereunder may be extended only by mutual conseui of the parties contained in a yruin~ executed by both of Chem. 4. TITLE INSURANCE. AL least thirty (30) days prior to the closing date, Seiler agrees to furnish to Buyer a commit -- a o '' r, - 1 1 company Tfl81. t, for title insurance from �.. ? °i:c '_1 ii. G ._1, CCl.pa n, (1, e to ] 1 c'p i y (n I) .;C' ; d v:iHted in tite Lc 11cf 'l. at i C of a i.:Difj.3, encumbrance except t: =-:s a!UI 'ls0 Ieni.s ioJ' the y { a _ 1:573 ,tnd the:eafimi, L :n hers e( forih in ;Hhit tE ' attached hereto and made a part hereof by reference. The Buyer shall have fifteen (15) days from the date of the delivery of the commitm.;nt in which to examine the same and make written objections thereto. If the Buyer has valid objections to the state of the title, Seller shall have a period not to exceed sixty (60) days from the receipt of such written objections within which the Seller may cause such objections to be removed, and the date of closing shall be exten6ed for such purpose. If at the end of such period such objections shall not be eliminated, then Buyer may, at its option, refuse to accept such title or may accept same in its then existing condition without diminution of the purchase price. In the event of such refusal by the Buyer, all monies theretofor paid on account of the purchase price shall immediately be refunded. In the event theme are valid objections to the condition of the title, the closing, if any, shall be had within ten (10) days after elimination of such objections. Promptly following the closing, Seller agrees to deliver to Buyer an owner's title policy issued in accordance with the aforesaid title commitment, and to pay the premium thereon. 5. ADJUSTMENTS. Taxes, insurance, rents, etc. shall be prorated as of the date of closing. 6. DEED. At the closing, Seiler shall convey good and marketable title to the Buyer by general warranty deed, con- veying the property free and clear of all taxes, liens and encumbrances except as herein noted. 7. POSSESSION. Possession of the premises shall be delivered to the Buyer at closing or at such earlier date as th.n _ cr Li _, hereLo may Mr0,. upon, 8, CASUALTY DAMAGE. In the event the pro s us are substantially damaged by fire, flood or other casualty between the dale el this Agreement and the date of too °.,r c _ lon or the . date of delivery of deed, whichever shall be earlier, this Agreement may, at the option of the Buyer herein, be declared null and void, and any deposit herein made shall immediately be returned to Buyer. 9. PARTIES TO OFFER COOPERATIOaN. As the Seller is selling only a portion of his total real estate and the parcel being purchased by Buyer is contiguous thereto, the parties hereby agree to exercise close cooperation in the following regards: (a) A boundary latween the property remaining in Seller and the property being purchased by Buyer will be the approximate existing center line of Mill Street bet°;een the two parcels. In the event a realignment of Mill Street becomes necessary, the City agreos that the realigned center line shall be kept as easterly as is practical, commensurate with sound planning Considerations. : "mill Street as presently constructed and in use constitutes a public right-of-way, and the scheduling nature and quality of such improvements shall be in the discretion of the City. (b) Buyer and Seller hereby recognize the need for the allocation of 'a portion of one or the other of thcIr respective properties for filling station purposes, and further recognize that gasoline service stations are merely conditional uses in the applicable zoning district, requiring the prior approval of tne Aspen Board of Adjustment:. By its execution of this Agreement, the City Council of the City of Aspen hereby agree that in the event Seiler :' petitions such Board O f Adjustment for approval Of a gasoline service station. or F , . ,,_ : 'r. j. , rl l . J_ . .b as riL 'LY'LU to heir: V , s;li `i C1i : c o i l will. not nt 10 H. to influence i}L decision fl the rood'(! or A dius1 mien1. on ,Si1Cl, matter. (c) p.0 ico Iar16 in liant 02 Seller's t )_p;.': _seu ini ';ition to develop n substaniittl pdeti r i OL its adjoLlllil': property for commercial uses, Seller and Buyer hereby recite and confirm their mutual understanding and belief that at the present time the uses for which Seller's ad- joining property is currently zoned are appropriate uses for such parcel of land. 10. EASEMENTS HERETOFQR GRANTED. The Seller has here - tofor granted easements to: (a) Klaus P. Obermeyer, for sewer purposes, a copy of which is attached hereto as Exhibit "C" and made a part hereof by reference; and (b) The Aspen One Company, for access purposes, a copy of which is attached hereto as Exhibit "D" and made a part hereof by reference. The Buyer hereby agrees to honor the above set forth easements. 11. 1NTERSST. As the Buyer has been made aware, Seller will obtain both equitable and legal title to the subject property on or before May 15, 1973, and the Buyer hereby agrees that in the event the sale is not consummated and concluded on July 5, 1973 by reason of difficulties encountered by Buyer, Buyer shall pay interest on the unpaid portion of the purchase price ($1,575,000.00) at the rate of eight and one -half per cent (8N) per annum from May 15, 1973 until closing of this tra"sa.etion. This Agreement by Buyer to pay interest shall in no way affect Seller's rights pursuant to Paragraph Thirteen (13) hereof and an extension of the closing date nmst be first areed to by Seller in wr:itic4; 13. SP.. ^1Ct 1 Q":'i i 1 Of sEurz, It is the mutual under- s'l o ., the 1 ,.rt.. _ ci''i th':. f as tf the date of 'cUi. henc , ii< i •_er unddr pn ::el ✓'_e the subject p7.•(_.I fi`l'l'. S* from Lhe i lf: nl" and Rio G1 '?.1iiC 1W :stern haiH C o:ysa i; Seller he _ ) _. agrees to diligently ntl, porl.urn' all of its obligations under said contract necessary to the consummation thereof, and to close the purchase thereunder prior to the date of closing herein established. In the event Seller has not so acquired title prior to the date of closing herein established, Buyer shall have the right to terminate this Agreement and to the prompt return of all monies theretofor paid to Seller under the terms hereof, together with interest on such monies at the rate of eight and one- -half per cent (3;) pe r annum from the date such monies were delivered to Seller, and shall have the further rights as may be provided by law as a result of Seller's failure to consummate its purchase from the Railroad Company. 13. TIME IS OF TJIE ESSENCE; DEFAULT. Time is of the essence hereof, and if any payment or any other cotillion hereof is not made, tendered, or performed by Buyer as herein provided, then this Agreement shall, at Seller's option, be null and void and of no effect, and both parties hereto released from all obligations hereunder, and all payments made hereunder shall be retained by Seller as liquidated damages, in the event Seller fails to perform its obligations hereunder, Buyer., at its option, may seek to compel the specific performance of this Agree- ment or may pursue such other rights as may be provided by law. Should legal action become nece,ssry- to enforce the provisions of this Agreement, the prevailing party in such action shall be entitled to its casts and attorneys j es ac '1 co i o a' c ' o 'er ‘.7_t h. 14.) BENEFIT. This Agreement shall bind and enure to the benefit of the respective successors and assigns of the parties hereto. Seller is specifically authorized to assign each and all of its rights hereunder to one or more persons or entities (cor- porate or otherwise) who or which may hereafter become the owner of all or part of the equitable or legal rights appertaining to the 8.221 acres of real estate being retained by Seller. 15.) SEVEPABILITY. Should any portion of this Agreement bc declared invalid or unenforceable by a court of competent juris- diction, the validity of the remaining portions shall not be af- fected. IN WITNESS WEEREOF, tha parties have hereunto set their 1 Hands and ser-01s the day and year first above written. JAMES R. TRULETAN & CU:TAM, [SEA LI an Ohio corporation i1 h ATTE:S:170:7 7 Yr 6 !) p 7< By /07 James R. Trucman, President THE C.(1fl OF ASPEN', COLORADO, a municipal corporation (ATTEST: E' Eve Homey er , 7 ", y.; City Clerk .... ___ , . .. , . . . . ........ .. ,. ...3 . .. . . .. 3 . , ." h - .• . ' •' . ',: . . f' E'. , . "E — "E - : ---- :3'. .....,' i: ...; i. .........„. ......c, ... : ...,...7 , , ..: .,...7 11 ,... ,., , „ ;., ‘....„.; ,_. :•.. H . 1/4.,... i'Lt.:h.r.,.::Th'SHR,Dyinj.lingn-lc...(mo.C.);::.:ilicirl Gcl•:4":: . : :lili ._. - '.i.'. • FCLYULlry 2rj, 1973 DESC7Z.LP:210N - TRU.T.klAN a'ROPE."..,TY EAST OF :1.1.1.,!.. Si -;T A PART 02 TilE SOUTEST ONE -OL1 OF SECTIC 7, TOWNEflIP 10 SOUTH, RANCE 81 ::-ST OF T SIXTH PRINCIPAL, j. COUNTY 02 PITKiN, STATE •OF COLORADO, O:1:E PAPTICULPJUX D AS FOLLOWS: COTAY.ENCING AT A POINT OF INTERSECTION WITH TflE NOflTH LINE OF • • THE SAID SOUTH ONE -HA,LY 02 THE SOUTIT:TEST 0 N2.-- AND Th2 • SOOTT: LINE OF EAST ASPEN TOWNSITE, SAID POI.K DEA S 15 E A DISINCE OE 1417.404 1.• ird...,0 Ii WEST ONE QUARTER C07. OF SAID SECTION 7 An SAID POINT 13EARING S 4.3 E A DISTANCE 02 12.266 PEEY PRO.Z.1 PRAY,S CAP MONI 1v1Elfli - NO.. 38; • TARRCA E0A8011"R": SAID SY.)LiTiftEISTERLY LINE 0'2 EAST ASPEN TOWN- ET= 5 43' E 166.963 TE.:?,T TO A POINT IN Cr...L.:7 nV,. (0 it c. .5 TII TRU PONT OF :350221151;; THE1::CE N 19 E "95 550 EET TO A S=1., PIN WITH NETAL CAP 2 ERZ EM "0 -105.:." 55? IN OIL ":"„nT; TBE7. S 56 E .T.ND ALONG ThE )J 'j LINE 02 QUIT CI.J.J.11 DE NO. C-3126 2'2(21 r DENVER AND RIO 0 . P. - 11iiDE WY.,:".TER‘: PoiTERD:'“D TO WITTLY18 R. SA A. A DISTANCE OF 120.00 PEET TO TEE • 22 :25? CORNIER OE SAID OIJIT (MALY. DEED TO A REAES CAI' YONLI- -2.: "0 -11A TY:ERCE R 33°44'15" E ALONG TSE SCUTS:EASTERLY LITE OR ST( QUIT CLAIM DEED A DISMNCE 02 78.331 FEET TO. A 5015? Cl THE SAUYil EANA 02 THE 1101127 10 - SUM: RI T1.1NOR S 76'02'54' E 51103c7: SAID SOUTE PARX A D152110E Of 67.143 FEET TO A DAASS SA!' 'IE.E.DTEET A1-8-:".' TE s 24°22'30” E 22.1..e. ci.J L>ouril EArK 21 DIUSTACE 02 f. 121.293•EET TO A POINY GT IN'ERRSECTION '..:ITA TAE 'EAST RINE: . OF TH.::: L E sT oN 01: 2ATE. SOUT1MTERW ONE - OESARTRR OR l, SECTJ.ON 7 AS SAID LINF. - V:AS ESTA:YEISAED - EY ILE 1383 CUI ' SUAYFTv HA • 573:::210E LOTINUING ALONG TER 1DRORCEATD COUASE A DISTE:CE 02 .1 35.579 PEET TO A POJET OE 2EIE3R3ECTION RITE TEE RALLAYI AND 2TLAT3.713 DOUN:DAEOL ARNE AS Aca:cc 0E50N YAIIGH 26, lEM7, AS DE - SCRTR,RD 1? EOCIK 30 AT 2 .0 I;. 47 OF T PITKIN COUL REC0 .. TO 1152252; Ch.? 1 J -17 -s "0-2 SITUTE ON SAID MALT....M LJNE; TELNCE S 0 W 2LONO ',H;ATD 11?.1,LAM 1 eCDA. LINE z DISTAt: 3' 130.807 EEST TO A POLJT OF I WITH THE: SOUTII 1,11C. OY SATE; KnR71 0N Or MI:, :701 011::-.5I.;ARTEP 01' SECTIO:T 7 20 A 12EASS CAP 202E2E11 11 ”0 • . • E211I5IT "A" AS073.ft]Ltrivirici.Deomfly • OfciersItirouri. t . TIACE , LING ITIN N( .111 El[ NN OR THE , I8.1 i O: .'1C 1 C . -..,R S 89‘30'8)' 184.400 PELT O A POINT G. I .,._ SRO ' WITL TEL , ,.'1' 1 ...., 02 A PATH*: TNN DERVER ..i) RIO GRANDE WESTERU RAILROAD DAPOT CNODNEC DATED ESORNALY 6, ' „ SAID 1088 D TO �1 R_ ._ CAP ' ,SC=:'�t.' �:. ._ .- , .. (J -3w , ID i.'G1:. 1' OP INTERSECTION ALSO DEINC _,,.3 ]. i1,.., i.C):': 02 TH.. NO `. T :.' LINE OF TEE .'1)D) SOUTH DALE OP TTE , HE SOUTH WEST OLN-QUILIEER WJ i!1 FAST LINE 0 TEE SOUTHWEST QUARTER OF TE}, SODTALEST S QUARTER 02 SAID. SECTION 7 AS LAS ESTADLISHED L'I KIALERLY IN TEE 1832 SURVEY NOT SUSPENDED; THENCE O SAID I T� _ . S 0 W ALONG SAID ) T�,Sx LINE , _ 1_.. SOtJT..:.E[T 0_'T'- • c, ._- ....;v C1:. THE bOJ. r �>S'� ORE-QUARTER OF �:_ 1.1 SECTION DER X RLY 1882 sunvEy 7.19 ALONG TUE EAST LINE L \l 02 SAID DEPOT GROUND PATi'.NT A DISTECE OE 109.659 , TO A POINT Or NTER THE CASTLE .�, SITE SECTION WITH Tr�i: WESTERLY Y LINE , o; r.1L �.'���rJ:, c��.J. MILL �_ CLA_.. AND .. BRASS CAP M' \LN.. - \7 M._c,_i;l 0__42 i° r " r'i `MI r $' THENCE Pd l.0 -`.' p' OJ i ALONG SAID WESTER MY SI•L, ,_.2:, ,,LINE LINE A DIS- TANC! O ' 9 u1 PP_;1' TO ltai. 21021211 1215 0012121 2 G SAID CASTLE. CREEK PILL SITE CLAIM 121 AND A BRASS CAP 2Oi�'�1 21'f ELM 31 ; - 115202 Si 74 °34'44" tl; .. 9Li27 i10E 01' 141.300 FEET TO THE NORTH- EAST CORNER 01 THE C_ASTEI C2li I NILE/ SITE 01 115: TO A I ,-'.SS CAP PENUMENT D.IN .j__C,; t i is • THENCE S :- L - MILL 9'421'00" -� �•' T CASTLE :v P'll LL SITE CLAIM A DISTANCE OF 1.. 1. C JJ 1'a'''.,',T '1'O A POIDT OF INTERSECTION THE i 'i A 9 1 j i l WITH THE . i:0 .,�!E".bL i,J,2' RIGHT C WAY (%i' 1I � )1.,11 1 AND 32 .10 G ue..J' WESTEIOI I:7 [L110i1D TO A BRASS C P MOIL I N.-S "U 4'i" SAID POINT 50.00 r ' TO II CENTERLINE ,INE 01' i a_CI<; OI�C :_,iidC, FEET [ a EIGHT _ ..�,., TEENCE .> 43'07'30" E AND 2101.0 SAID NORTHEASTERLY 37101iT OF WAY A DISTANCE OP 5;9.097 FEET TO A POINT OP CURVE AND 71 i:i< sS CAP O,4i (1 CURVE S E.. ., .,.,G .0 S.l �D NC 'vLJ1_,[ S i }5!_ JY . LL' -_ _,_ t..i .i..l. _L..O ?] <; A TO TEN LEPT 121VJ1G A RADIUS 02 309.218 1,;1::.2, A CENTRAL AEGUN 02 43'16'43", .3" <. N _A- ".0 DISTANCE 02 233.601 PEET TO A POINY OPPOSITE: ; E CITATLPIJNE AT THE :,".,ND Opp RAILROAD :A' , - AND >, DRAGS CAR J.G4'451.52" - OS�__..,i ?4 .. -2Q r 0- 1 L; ., Ci(I;;O OF x.'111) CuKYw 1 �: :7E :;G S ,_ 228.082 FEAT; 1 :' .,. S S 3'35'47" 1'1 ALONG z' NINE NJORNAL 'o TO THE CENTERLINE 7 1 THE D 02 ERISTINIG RAILROAD _. °:C_,., A DISTANCE OF 100.00 FEET AND A BRASS _.c, , "0-49"; • T:u=v liis ION .I.ICI.. TO TEE :516_? 0i` 90 220 AILO G TLa 602,_, 1 RICH T' OF WAY Y Ur' L I vVIsll AND R C ORENE GE __ 12 RAIL ROAD .O :nAh AND ALONG .. Ct... , TO 4 1, RIGHT LAVING, A RADIUS 02 488.26 FEET, A CENTRAL ANGLE OR . 3 ° 16'_3 ", 751 ARC 3.591 :._:011 0 3(19. 36 1,112 TO .1 POINT 07 w _.). BRASS CAP ICS_. J. . -._ S � AA , _. . v --5� T= : Ci.C,_2D OE ,,. .) CURVE :HEARING: 3v 64 45'51 '1 P. DISTANCE 02 301,841 FEET; ; • . . • • -.- . T:: ':c ALONG SAID TANONJT AUD ALCEC SAID SouT:SIUSTE0LY PI.6LT OA WAY OS A 2.,,;?.MAJI OP I, 430730" V,' A DuLITA,E.I (• 66.663 l'HLT TO A POINT OF TH0HOESCTION WIT'S THE SOUTHSRLY EINS OE CASTLE CNONS POLL SIME AND A BRASS CA2 MONUSPNT M-S-M "051"; TILENCE N 73 W ALONG SAID SOJTHSRLY ILI= A DISTANCE 0' 41.319 PEET TO A LEASS OA? MONUMONT n-s-pi "0 TnENcE N 16'38'42" E ALONG TE0 FASTERHY LlUE OF SAID MIDI, SIT'S AND ALONG TUE - EASTERLY EXTCNDED LINE OF ()NTT CLAIM NO. C-5795 . • FROM TEE DENVER AND INTO GRANDE WESTERN RAILROAD TO.S.ARA11 L. :KAPLAN, • A DISTANCE 0? 8J.345 PEET TO A BRASS CAI} MONUMENT ?-S-E "0 EAJLENGE N 7321'18" W A DISTANCE OF 272.00 FEET ALONG TEE NORTHERLY LINES OF SAID QUIT CLAIM DEED NO. C-5795 AND ALONG QUIT CLAIM DEAD NO. 0-5796 FROM THE DENVER AND RIO GRANDE WESTERN RAILROAD TO - : DOLT:LAS REPMCDF; THENCE S 16 W A DISTANCE OF 90.825 FEET ALONG TEE WESTERLY LINE OF SAID QUIT CLAIM DEED 0-5796 TO A LRASS CAP MONUMENT M-S-M • "0-55"; . THENCE 2 57 W A DISTANCE OE 10.54 FEET TO A BRASS 0712 MON- UMENT 2?-2-5 "0-4"; THENCE S 84 W A DISTANCE OP 164.743 rEET TO A BRASS CAP • • MONUMENT M-5-2] "0-3"; 87 W h. DIST1110E OF 88.957 FEET TO A BLASS CAP 3.1.0NONT M--8-M "0-2"; - TEENOC 2 14 W 71 DIPTANCE; OF 75.829 FEET TO A POINT 02 1252113- - 8201102 WITH TEE S0UTI?..773,STTri:I.E0X LINT' OF EAST ASPEN TOWNSITE AND A - BRASS CAP MONUMSNT m-s-s "0-1"; THENCE 2 43°10'34" W 7120110 5312 S01, L122 A DISTANCE OF 4085899 FEET T) THE TRUE POINT OF BEGINNING. . EXCEPTING THEREFROM; A TRAcT 071 PAP.CEL OF LAHD WITITI TuE 6O5111 C. ,73 0? TIM 305111- WEST ONE-QUARTER OF SECTION 7, TOWliYiSrITP 10 SCUM,. ',LANGE 34 I:CEST OF TEL 6T-: P.M. AT ASPEN, COUNTY OF PITHIN, STATE OF C01:ORA?0, DESORTSED AS 20EROWS: COMENNOING AT A POINT 02 INIEPSECTION WITH THL NORTH LI GE TES SOUTH 0111;- 57121' 02 THE SOOTNHEST ONE-QUARTER AND 'INEE SOUTJIHOSEFRLM LINE OE TSE FAST ASPEN TOWUSITF SA1D EOINT DEARING S 19 10 A DISTHNCE 02 1417.404 2E111' FROM. THE W:ST ON? CONN2R OF SATE SECTION 7 AND SAID POTUT BEARING • S 43'16'31" E A DISTANCE 02 12.266 rErET FROM BRASS CAP MONUME:IT • NO. 38; THENCE S 43 E AWO ALCNO TEE SOUTHWESTERLY :LINE OE TRE EAST ASPEN ICHNSITE A DISTANCE OF 275.864 FRET TO BRASS CAP MONUMENT MS:-1 "C-T THENCE N 14 E A 5r5 "05(0? OF 75.829 FENT TO BERES CAP MCNU . 111111 255 "3-2"; THENCE 9 87 E :A DISTANCE 01' 88.937 FEET TO BRASS Clrn MONU- • - M',:IIT MSM "C THENCE N 24 2 A. DISIANGE OF 164.743 FEET TO 27 CAP MONU- MENT USM 0 0-4"; . 4 . 5 /A IL" • roA e - . . . . . .. . • . . • . . . • . • . • .„ , . • , • . . • . •'..-;, ,, , . TRS',CE S 57'3S C. A DISTA,WCE OE D.51 FEHT A) L:::: cA4 isHy- :,1 .Tcs 5 0-55" AND Ti:E SO1TTN7NSTS CuRi:ER r QEL CLAT:1 1,2DD • SO. C-57")5 SAID CORNER ES,0X THV TRSE . ..CET OF PEE.,...1:6C; TRAN0S hi .S 373G3: E AD AhOlIC Tla: SOUTEENEY LiNE, OP SAID QUIT CEAIE DREE -,s 00 -,- ,,,,,, NANN_T, c.J.: uo..b.t.D rr.i.,1; ,ik TITENCE S 7 S AND 7 107 cAin SOUTEERLY TWIEE OS 0E1T CIAISI • . EEED NO. C A DISYNCE OF 36. 88 PERT TO TEN L " CON•; 02 SAID QUIT CEAIE EEED; • I\ TLEXCE N 16'38'42" S AND AL0: THE EASTERLY LlflE OE SAID QUIT C1..AT:1 DXED A DISTANCE OS 113.52 FEET TO THE NOPTREASTERTRY COENEP: OH SAID QUIT CLAI• DEDD, SAID EORTHEASTEPLY COIKT:ER DEARS N 73 W A DISTANCE OE' 150.00 FEET SPOI'l; •SY1 iinTss CAP 1I:07:15 - MEET "0 - 56"; THENCE CONTINUING ALONG THE AFORESAID COURSE A. EISTACE OF 2.42 FEET; ThENCE N 75 W A DISTANCE or 129.012 PEET; THEHtE S 14'58`42" W A DISTANCE OF 94.346 PSET TO POINT, SAID POINT LEARS N 57' W A DISTANCE OF 4.377 FEET FROM TEE SOUTEWESTERLY COHER 07 SAID NIT CLAIX DEED MAREED :2Y EPASS CAP PliONUEENT 2911 "0 ' TERNCF S 57 E A DISTANCE 07 R 4.377 FEET TO TEE TRUE POIET OH 7E01E7NI70 . • EXCEPTING THERE 5S: A TRACT 07 727:725 OS Er•AID 2I711I7 TflE QUARTER OF TEE , • SOUTIWZST OE OD SECTION 7, TOWNSHIP '.10 SOUTII, 1011C: 81 WEST 02 TEE 6T11 PRIECIPAL WIEHIDIAN, DESCRIBED AS FOE • COXITENCENC. AT THE SOUTHEAST COlWR OE THE NORT=ST QUARMER OS TES 30 UTEcA.:E5T QUARTEr; 02 3207I0::: 7, TOWNSiliP 10 30E77, RANGE 21 L'EST; • THENCE NORTII E9 DECE=S 32 MINUTES WEST AL•0 7E1•.: SOUTH LINE 02 SAID SUIMIVISTOX A DISTANCE OS 184.1 PEET; • TflEECE . .EOETH 53 DECREES 35 ITIEPTES WEST 335 FEET; THENTE KORTH 1 DEGPEE 15 NIA6TES :AST 100 ESE? TO THE TRUE POINT OS 'SECIX OF T: ::72c OE' Ell.',,Th EEREIE CO 1312E0E KORTH 7 DECEE17 45 MIELTSS W 154 FEET; ix 02 SOUTH 12 DED:TE.H.'.S 10 .■ WSH•;r:7 324 EET; TE.SECE SOUTH 57 DECREES 47.E11.0=3 - EAST 36.98 WHET; THENCE EOETH 27 DEGREES 21 MINUTES EAST 197 PEET TO TILE POINT OF BEGIH'NTENC. • . • . .\. • . . . . • ... .. - .. . . . • . . - • ,.- _ - r.V„ this Commitment is delivered and 0ccepied upon the understonsllny ,hot: • 1. The Scup morecogc, w used I:ctctn, 5110H inclu:'r.de:d of trust, if c.st dead, or (1110; 50001 it/ inStrUrnsnl. 2. This Commitment shall not he valid nor effective and no liability shall arise hereunder until the Irunscclion ar trons- actions to be covered by such policy or policies have been disclosed to Ih• Company end stated in •Schedule A. 0: separate writhe endorsed hereon or ottuchcd huica signed by the C carpc:ny; provicicd, however, Ihot the provisions of this paragraph shall not apply if subparagraphs 1 (A and 1 (%') -:f Schedule A hove been completed by file Compen, the issuance of this Commitment. 3, This Commitment is preliminary to the issuance of ;r.ch policy or policies of title insurance end all Company liability and obligations hereunder shall cease and terminate six months offer the effective dote hereof or when the policy er pblicies committed for shall issue, whichever first occurs. Issuance of such policy or policies is dependent upon the compliance with the requirements as set forth in paragraph 3 of Schedule r1 hereof and the approval thereof by the Company. If the transaction cnmfemploted hereunder shall he c cn- summated hut there is a failure to properly comply with such requirema+ts, such failure to comply shall not preclude • the issuance of such policy or policies of the Company's option with exception in Schedule [3 of such policy or poi - icics for the mottcrs to which said requirements relate. Feuurc to e: r,Jy with sold rcquirercnts si..ail net • the licbiliry of the applicant to pay premiums or cancellation fees which ore properly due. Any policy or policies described in Pareyroph 1 (A) of Schedule A hereof will except any deed of trust or other encum- brance called for under Parograph 3 of Schedule A hereof. • The proposed Insured hos no actual knowledge of any defects, Loos, encumbrances, adverse Claims, er esker roctr :t s effecting the estate or interest or mortgoyc thereon covered by Ibis Commitment other than those sb0.sn ir, Schedule G hercc.f, and the failure of the proposed Insured to disclose any such knowledge promptly in writing to We Com, ::.y zho!l render this Co:nn:itmc tt null cad void as to such d;fccis, liens, crcumb:onces, adverse cioims,0i ot;cr melt0:s. The policy or politics to be issued hereunder ,6011 not be construed es insuring oyuinst defects, HORS, cncureb cru •, acivrrse elcims or other matters created or ottaching to said esta'c ar ihierest or of which the proposed Insured r. (elves actual of constructiv•noticc subsequent ie The effective Jute hereof. • iAr,y oclion or actions or rights of action that the proposed Insured may have or may bi r,cr against the Cornnnay eri; ir. out of the. status of the title to the estate or interest or the mortyoge thereon covered by this Commitmonr mur.t boscd on and is subject to the provisions of This Commitment, • ( ;ability or the Company under this Commitment shall be only to the named proposed Insured and suchpertics isacludird under the definition of Insured in Ike opplicnhle policy er policies and only for actual loss in(0r,eci it r: tic :cc lIercon in u,dert icing to co;aply In gor:d fouls, until tsr requir_r:c:is hereof, not axceeci:nc be s.•.at,_it stated in Schedule. ,CC • the applicohic.piolic or policies, subject to the insuring provisions aria all of the CondHons find Sti ;,ulcions of ^! form or poli or policies committed for in favor of the proposed Insured the provisions of which arc horoby r _or :: abed by reference and Oro ;node a port of this Commitmcnt except os expressly modified by the provisions hereof, • • • • • 465856- ( „: 1 SCIILDULL CONTINOLD C(7) Tm NT NO. __- - -- n S H C C 1 __ __ -- -_ _ OI_ Cl _ 5. Right of the proprietor of a vein or lode to ('-:c tr c t and remove his ore therefrom, should the Gem_: b0 found. to penetrate or intersect the p_c- 1: ises hereby granted, as reserved in United 8Lntuo Patent of record. 6. Private Way License for the.construction, maintenance and use of the . private ray or private ways granted to Grant and Company, a Colorado Corporation by The Denver and Rio Crnndo Western Railroad Company, a. Delaware Corporation, in the instrument recorded January 14, 1571 in ' -O- \25 affecting tho iol o`i n g 3 property: "A 10 . ooit :J.} a., Pagc 107, af'eC`: 7 i �.,� described Cl`j i cJC wide private access foal encroachin upon the property of the Licensor at Aspen, Pit)Cin County,. Colorado, within the Soutnweut Quarter of i ec- tion 7, Township 10 South, Range 84 West, Sixth Principal Meridian, • described as fol1.,;s. Beginning at tho Easterly line of Mill Street • northerly of said Licenser's I.C.C. Track No. 32- -l1v. , opposite Milo Post 401 plus about 1560 foot; thence Southeasterly parallel with ;<ici tz•hcic and on curve to loft to a point in said Licensor 's northerly property line opposite Milo Post . :i plus about 2010 foot...” "for 1150 01 ingress and ogres 11 . 7. Easement_ and right of way for tho construction, operation i,jon and maintonarm of water lines as granted to The City of Aspen by iho Denver and Rio Grande Western Railroad Company, a Delaware Corporation, in the iostru•' Alent recorded July 11, 1Sn in Book :4A. at Page 087, affecting the following described property: 1 ', . a 10-foot wide strip of land being . part of the Aspen Branch ri ght of way of The Denver and Rio Grande Western Railroad Company in )'i1 ? °._in County, State of Colorado, the centerline of said strip being described bed a n follows: Beginning at a point opposite Railroad road F C i Station on 1l x.50 and 10 foot outi ( ` i1 at rij,ht. angles from the c:c e __a.0 el ' „) 7.n a.cut granted by said Railnere Compan - it District; t0 Aspeit Metropolitan Sanitation thence Southeaster said no of easement t� a point opposite 1. C.C. parallel l CI1 i 1 said C C'll' ti .. � l..c t, t c Station 2162/15, . s said centerline Of easement granted; to nald Sani- tation District is described in Easement Decd. dated Juno 4, 1935 and . recorded c d { 1 the rcco C-4 f the County Clerk and Recorder of P1 J . n Conn; in Book 241 at Page 84D, 811, 812, 812 and 8 iiese vin 1owev unto the party of the first part, its successors and assigns, the right t0 use said strip for purposes pGS(' which will not interfere with the second party's full enjoyment of i;i'.f5 rights hereby granted....” 8, 1 )'.anement and right of way for the construction, :itaintenance and repair 1 of underground sanitation utility lines and/or entfall Tires, as tsninttn to The Aspect Sanitation District aol The Aspen. et opc S.tnitr irn. 1 District by The Denver er a td Rio Grande Western Railroad Corp 1y , a Dela- \ ware Corporation, in the instrument e ument reco1 ded June 26, 1969 in Peek .. • at Page 810, of ::c.c 1:in.g property cosoniboc thcrein as set forth on shoot .attached hereto. continued ---- -°--.� • ;�iOTc: EXCLP ?;0 ?d N.._.. P:UT A. PE An III `tt is 1r ^,TGAG: POUCY TO 6: ISSU I% HE , - 405556 r-- ;CHCI'>ULE U CONTINUED CO!,!AHMC;1 NO. __._- _- __ -.__k, 9, All existing; roads highways ditches, pipeat o:;, rights of way and easements therefor, 10e Encroachments of fences, fenceli.ncs, and buildings shown on Survey u.17 Meurer, erafinf and Meurer, dated Juno 7, 1966, together with • any and all rights of parties as claimants hereof, 11. Any tax, assessments, foes or charges by reason of the inclusion of th • subject property in the Aspen Metropolitan Sanitation District and Aspen hire Protection District: 12., ' Right of the proprietor of a. vein or lode to extract and remove his Ore therefrom, should the same be found to penetrate or intersect tho premises hereby granteci, a reserved 111 United States Patent recorded Juno 8, 1888 in hook 55 at Page 2; as contained in Patent recorded. December 24, 1902, in Book 55 at Page 133; and Right of way for Ditcbc. or Canals constructed by tho authority of the United Stat.e., , c.. er e • in United States Patent recorded. August 1st 29, 1953 in Book 185 at Page 6 13, Easement and r:Lgilt of flay for Highway purposes as granted to Pitkin County by the Denver and Rio :rand Western Railroad Company, a Dclawa . Corporation, in the instrument recorded August 21, 1953 in Dock 153 at Page 132, as sot forth in the instrument: attached hereto, 14, Any and all outstanding Leases and Tenancies including, but not thine. • t:o, Lease Lse d� May 29, 1956 and recorder. December 31, 1956 in LC ,b 17 at 1. -1.1;0 443 from Thu Denver and Rio o Grande Western Railroad Company, a Delaware Corporation to James S. Adams and W. 1l, Lane icctIviduaThs and Aspca Truck Lino, a Co-partnership composed of said individuals, , • affe t i.ng an irregulao7 tract of land being part t o f the property of t.-... 1.cS;;or, at :,n, Colorado, lying Northeasterly feet • - Northeasterly ^ J'igh angles ,'O. and parallel A4 the centerline o. id. lessor's l ,Oil LranC . Eain tract, containing out (SOJ scivarc feet, as shstm On , .__4 instrument "froeA Juno 1 1956 unt •suss time • as this ag 'eement shall be terminated," i . . t'iOiE: CXCEPUON WILL NOT APPEAR IN T}1E M0,RTGAGE POL ICY 10 BE ISSU[D iig-R :us[ IR. • • t • • • 20„ R, T'?.T.)1\1 AND C.C.:1: an Chic; NE) :c.:0 • WI:;51..•1".FC 11YEI-110 Co: 2i YT, a D:112;‘, corp‘s:sa.t.i On rcir_Trc. I to as "Cc7:1 ) for ar.:1 in cc ,1 .1•:.,D.C.-5./).1 00,/ .33) in co an1 cana_dcratio, •eceir,•;_ •,,n h.:1",702 o , o c u:11:o . c '2TY:751., 1) ; I? r 5 , • . ECteC.:2520a."3 an as:.1.9 a peract_nal scr:2ar casa:nant 3.1 ri?h1 -of -way under that sluzna, estatc: ZlflIi jntcreo.t. o Gra:IL in and to any Dartinn o2 tn.:: loaal sft.uata iii ba County of Pithin SL Lc of Colorado as 1.14-.scr07 on the dr:w- in? 1 .5blanson-Innufolic7.; ic,r;oc3 at.....-2, It2flC i Ivaret 2G ExIlibit "A" ani Luac. a par:_ bal by reference e_Trc.i;. "3± 23-17. Graorr. hccchy c:.iitclairn o iCLaus. F. Obaaarlaycr tic' right to e.../civate for, rcpi naintain an.2. us o• a sa:•:2 rpai lino within said In th u. cRiant. that it in riacasuary to napair or l•ninta.in any sc. facilitic9 s casc:r2rit, ob.-..r.Acysr tIi1, in:xi:7[yr as rcE: tnaa ifaa. its ccicf.nal co:3::1L5.011 Ca a tal7:a. • such .7.:o2air shaal2cl tha cp..a.u:La ar: 3 / 1. ±9 ort of tlia ar:osc. srauvica in interfere: tha con: af roacia ccros, or 1:1i7]./32.nif.; on, Cie puopar'cy, than :Claus F. C.Cr.or;:-...cyor ids 0;:ntrti.L533 rilocate tha ci.dc and,/c7 alicarnr_•:tc. of sai.L.71 scvjce 110?. 12:1 D',21.1a:::71) this jr7 o5 1073. GR THE 210 GXD I•clh3T312\: a Da17.,:•:a.D.: corr.o4aL1 on By • • ON :2; TT:Tr: 1 IC„.:3 IDA:;y, an Ohio F. 0' cy1e:t cucuor.:11.7.3.0!) CI.V•f:3 ) SZ. i:k•':-Da • • • Dalayare co:Tora.:c.ion. ';!• C.C.C.±i.S5L Id my h.aail anl off icla) • • licabary Riti if: ETXi 01' • COT.ORADO ) • ) 83. C01.1:71.! 07 PritiCIN • ) • • Tbe fu:scjoi_n9 21tclam Dce of Esait tms ccknowletqc9. 76<afora ma ithis • at,y L.73 Jar:: R. 'la as Pros , an 0: cc y : • • ',"Cy cv., expires: • Witness my hand ard offfi:.t1 seal. • No tar! TuLlic • • • • • • • • ION: SEC. a. co. s r., r c-, S, E . • i • .. • . '' ____ _ __ . / . / 1 \ `j( / 1 \ -..J I, 4 i 1 . i r ■ (5) )1722 R. TRUL & 0Y2) ?).11 ohio (:)" - 1)21'01:7. iJfl, .711^111 j r” :'■ GRANDE i'IMGT.E PAD PiAD CO' C.N a t i.nn (I':ti iut Ctrs 'C;n:rd ) for ar,1 in coi)iordLion o C 7),7L) CW (;;; ;";) in riTcri 0ich).).1: (icy:x.1 i-rri rece-31)),t. ct is irireLy acir.c.-)wlodgo-1, do hc)r()by crjitcPuLii untn Ac.)PR2: 0)1):. CO'2A4Y, a OCT.OY:"..0 corporation, its rospoctivc SUCCeiS0r5 ar).1 assigns, a p2fpau acccbs eqso- 171)2.nt and ri0L-oT-wi.v over :hit share, eoLatfr ani oc Grantor5 i)1 to any yerLion of the r())))2.1 proporLy situ in Ur State of Colol as cpr-oriL). in Lichib:...):). attach:v ho)roto aflL a p)ft. hereof by rerere u.ci accoss sbGnlJ suFficic)Ilt to grer and cqros from tiv:)), Grflntec's proporLy (.1. in Dxhibit - 2' atLachcd licreto ara re a pa'LL srco Ly refeYchoe to th(2. closori). 0 or rir.31 runr through bin p).. of Cr.:ntors lyiro cionoTaTily of Mill Sic.reot a)fld No), of 0.i n 1Thrc)o.t. Sall iicc5s ease..lro.t sb be 1).)--3d cct in acc0).. CfaitoYs' sitr„)) pinn aril shall in n7....) way inLcrfore tho us?s Grail put the prc)perLy. kirff172, siaici accoss bo of a .itJ 1r1 . 1 a s)iitable. to insult its acciortsIbility by tb: nceac.o.ry dr.7 of thm City of State of Colorarlo. IDir,1711.1.) ana v: this eay of , 107 • 12(TESTa T 1),7Y) TIO C.7 7:1'7757 1 • RUL,71CY).1.) C.:12723, a 1 2):1cr , - .1. o cor 37) R . - i);) C,‘");").;;:, an • • 1 :" 7 U. --.72s R. Ai 7AC :L0 TO AND re;e4UJ , I of CCM� iiati:i rte. �' -''':•: . —. • .s8, :n I ____- -_ -. Cf 10 .. AM DESCRIPTION: . .. a „ .._ -___':__ • ' • ll part.•of the South ono-half of the %outli' oat ono-quarter 'o; section l • 'fowac;llip 10 South, Range fi'i llo:;t of the SI.) :th Principal Meridian, Ccuh • of Pltk1.)1, State of Colorado, morn particularly described as follows; 1 I t , Commencing at a point of iT?ti:C:(°:;OCI:i071 with. t, the nOI'i:1 line of the • said Sol.th one-ha1f of tho Southwest ore-quarter and tho Southwesterly to J.y • lino of 1•asit tu;pon own Site, said point bearing S. 19 E. a • distance of 1417.604 foot from the West one-quarter corner of s d • • Section 'l and said point bearing S. 63 E. a distance of :2.266 r feet from Tina:,,, Cap Monument No. 38; thence S. 8cJ ° '0`31" E. ..ion(; the said North line of said South ono-half of the Southwest ono-quarter t. distance of 75.681 foot to a point of intersection with the La:;tcriy line of Quitclaim Deed No. C- 5'198 from The Donyer and Rio Grando Western ita1iroacl Cor.Ipany.t:o Nroci 1). and Florence Eder Glidden, and being 111.0 true poin.. of bon o1 Tract "�' " ; .'C', described I 1 _(' Li) lC'1;c7'i lJ and 1 b ' n physically loca tC an the e grou 1d by a 3. I L'1 square concrete • .110.ILI1.oat • set by Meurer, Sera . n1. and Meurer, Engineers, havin a bra :m ,Ca) marked M-"C-h ''0-61 "; thence continuing along tho aforesaid Course a distance of 738,765 feet to the Southeast corner of Cho Northwest one-quarter of tho Southwest one- quarter as said corner is 3ocntod by the 1866 Cutshnw Survey; thence continuing along the afore- . said course a distance of 37.614 zoo'.t to the intersection 01 the .,a_ >.. line of the ballam Tract with the North lino of the said South one-h..1._ ..: Southwest .. . . _. of the t�l i)C one-quarter tL_.' Ox Sr tl� ��, said line be x1(� �. _ � .'.r^ . 1 by thut certain cu;lobange of deeds ho LV IC e e 1' l l x s and Williams as recorded d o; M 1,L c1 25, 1837 in Book 0 at x) t o t7 and Dock 65 at rl I o 111 the records of t ho Recorder coI du. o:" :; t ki n County, , col said iio also .,oils 'i I ) 3r: - L " 1i I'; thence coo- .. • • 1 ldCll i'.1 ;. 0.l ;.1;1C, located I. C, (x lJy Brass ,., t,. T? ,.GTE:, .�Ix .i ^it 1 --�a . - • l,'..11i , along the aforonaid course a. distance of 1w feet to a 1-2cini of intersection with. the Fast line of a Patent to The Denver and Rio Grande Western. 1.( it oac ; ono` grounds dated February 6 1688 ,. 1d to ;_ Brass Cap Monument .>. - -ti-- 4 "0-8e", said point of intersection a l s o L. :_:. intersection C'.L tho North t h l ilne of tho said South half of he )IrC.h•. . 1 t 10 5u ; l,o r With the east f _n; 01 the Southwest quarter of the , t ) Lh1 o';1, •' L t. IC; of said Section 7 hs was established 3 'n im )O;' rte 183 r _ survey �i i10� suspended; L,T U1 e 1 J. 6 " W. along s"t'Cl Raht • line of the Southwest cn o11 i Section f per L. ;` r V - . 1 ,882 Survey vey ;1 along the East 2 no of ( Depot around p :G on(• c. distr.r.o c .Icb ? ioo., to a tr ff . I A(1 /.l Uf X 10 AND I01 ?6�.'.r;� 7. I'A1 „ _ - i ;.71.'. i. U :' Ci; 1.' %' /( /: C(J;ilihi,; iI '1;..LCt "A" continued t Westerly line of the Castle C,' 1e% ' 1 • point of intersection t;itll 11< 3 /t`f�1! , 0' l,I0" "0-42"; 1,117. u(ln N. ��, ' Si i. <? Claim I: i;C1 a Brass Cap Monument 11 -Cr - M E. along; Cni -d \?c7;Lorly Mill. Sito line a distance of 9.381 Jent to the Northwest (oi 1 r of Raid Castle Creek. Mill Site Cli(;11 and tl i1;7.1,et f:;(3) T,1 1 thence - 4 ( r4 ,,f " . a 111 -sL InC of 1',1.300 feet to Monument ll.. .� i. � > ,7 .. .� x �'c c .� ... t cornet of ile Castle C reek Mill l_] 3 t e Claim 1 „ to 1 1,: ,.,;r , �C)l bUC 1 +u � HEM 3 -6 ; S. S ° " - -`00" H. :.1 -one; the i'nnt 1110 0, 4 .61 foot to poi at of C. ::le Creek 1AI t.l). Site Claim Pi distance of ��'. � ' intersection with the Northeasterly right of way of The Denver aT ;(1 Rio 1,1- t1 r S - , i II0..4, ;1 k Grande e 1;Or;1C1 S'Ll Railroad to A t1a'fl F1 f3 Cap Monument �, � I ? t] i. point bcin 50.00 toot at right angles s Co l;3 e centerline of track; • . - i't11t, of way a �i ;;.Ciu 8, i .) O7' 1O li i A) f; .ICI Northeasterly t, L�` 1'A J _ distance of ;69.097 root to n point of curve and a h1a(;i; Cap Monument ent M -.S_.M f "0 ^47''; tlxcllco along said Northeasterly right of \4a_/ and along • • a- cu, „e to the loft haying a radius of 309.26. foot, a central .I le • of 43"16'3", an ra:'c distance of 235.60J Loci, to a point. o }:,,oni ( the and a Br.u;o (.a`? Monument C e :i:( .t ,. fiCl f t tli r oral of railroad tracks , ���- M-5-M "O-4R", the chord. of said curve A e ) ring S. 64 L E. Ut `: ta of 228.083 foe t; t1 cacc S. 3. 35 W. nioai; a line norr-ai to the centerline ine at the end of existing railroad :. a ckt' > a distance of 100.000 feet and a Brass Cap M0nUfl(11C 7 '-. "0-49"; thence on 1 angle to the right of 70 and ..1077„ • the 8311 Southwitsterly right of Way of The Denver aIid Rio Grande We.;tei'11 Railroad Company atnd 1110 :1!: a curvO to the right having a radius of 409.26 feet, a central angle of 43' 16'43" 1 ail arc 0)41 iu ) o. iO 1.36 fctot to a. point of ta11 C a .1 Brass C V) Monument l S '0 .1 ill chord . o° said curve bet c- bearing S. 64'45'52" ), 7 distance (-_ `;(, 8 feet; thence along said ;,ail,. n � and I-on[' _d Southwesterly ♦ yiit C_ way on ;l boar, 1 of N. . i (r f -%V' W. a distance nce of 66.668 feet to i1 point of inter.;CCt%011 with the • Southerly line of Castle Creek Mill Silo and. a Prasu Cap Monument "0-51"; ti] - N. 73'56'00" said Southerly lino CL: 1 5 ' r a alonr ail LL 1y lino Of said 1 1 Mite C. � 1, as f y extend C C lino o 1 Qu i t C_ y (' C 1 ( 5/ 5 o' I 1 C. , A and Rio Grande 110 per: Railroad � to S t_1 1a 1 ap1a 1, a C ir-i , 02 . 4 a .- t n a CeititA... a of 272.00 Letet. 1 the Northerly linos of said 1 "t claim n Deed toe C-5755 and. along 1 ) Deed iAO 1 96 lk'0 The ). and Rio �, . eat_ J f a .,.i, r ..ti o....' r 1 . 4 o D .lr s . c nodo . con,t.i11U3C' ._......_.. • • • • • • • A I IAtl f • ,J A).0 1 01.Mi;,i -, A /'I { t,. , : �•v.i I,... 1. _ U'.C::ba ;::61c1 e i.Vta 1 T; c t 1 'A" continued to n I;r 1 ; 1 t 1(11'. C'. C S. 1(1 Qu 42 1 C-5796 to 1 ';r t : Cap l,i USlkII ent. -s line "; r.,lid (2111t(_' x 31; 11 31" W. ,t distance t>1 (1.t) feet r A,. .:,`t1CC N. :)1 ° r t u q of 1CJ< li., Call D �,ou1t: :t-S li G ' , };'? :SU' " „ � W. a "C-:;”; tl enCe N. Ii lii'fi:.9 Cap i Monument 11 >__i�i 1 . 11• th VIiCC J. 'C to - "r. � � i O Mims ;.� l ll; i�. U�l Al 111 t. ii- n °• -2 t t•. �2 JAI foot " •(: t0:1 with Ci is 2 9 ' (. 'of (i 1 5 !'Ci feet to : point. of 11.S1ters Ct • �. ')t)t 1 t1 }`(. a <11. li t.lU:CO of �jJ.�<.. 1_ and a lii•Il.:,rl Cap ;1(l.Al, . x o i ^ 'East " pen Town. Sit a 11( �1 n Southwesterly lino _ , 1, no a j ` � "' q (: )•1)c1 Southwesterly ; ,t t I ft �� �.'1 " j thence 1 e ri >! a W. along + .. 1. ,1ti t)i the `01.the nos;ofa a of '107,359 fret: to � point o1 intersection with ,,. line of Quitclaim Deed No. C °� )794 from The i)e1,�(r lu liio !,r r Fred Western Railroad t0 IOSI D. and Florence Elder Glidden, said point G,. �. �t a'in a.. 43 ° 10'3 >" E. a dth n1CC o/ 18,465 . feet to the 11 te. hearing Southwest ono -quarter line of the South one-half of i;ho of the North . Southerly lino 7� ' �0 OG' 1; along said ° o: said Section 7; t:huncc S. E. C -5798 a distance of 8 feet; thence N. 12 O1 18"t2. a distance No. C-5798 line of Quit- n ] r o 1 I l lr said 1 j l t t (, I ,] �OCi, F )lt�ii 2;. P (11 iZ.Ja of (>l i said :; .. .. clai C-5796 to the true point of beginning o1- , a .t r 1 � > from the herein d C: i. i i) e d '1 I r' ° herein t c ±t1n tract of 1 described; and CL C 'c - and It1a Grande that certain l�' c =1 e ycd by `ll O Denver n and Cr V.s i.a May f 1C'.Oi kiOri by Q....t C,1 [.i:. 11: ;tern Railroad 1 u=.�,. ny to t t� o Decd Ncm C-5754. • TRACT It _ -t Southwest one-quarter o" fr ^,'.0: 'r'_ • A part of tho North ono-half of the Township ",:.1 i_D 10 South, t 1�'Ln[`U <. �, }ICI l of 1.1:0 Sit !t x'. Meridian, S - State of Colorado, more particularly described i County o% 2i..,.1. Il Wit, li.i O:. 4J } as Co :: .tc...,lt', at a point of intersection with the South line of sand oaf v t i ono-quarter nd the Southwesterly line of {.11• •,.", C) aBJ: .i o♦ the a Site, ,;:� -. 1�, ° '48" J A C -. i,: l of Aspen Town 5 I ve , 's Joint bearing l .1 11'. ono-quarter 0 1 ? Of said' ` o(, i.o 7 R P-, 1417,404 foot from t170 } C ,t . a .-) ..., and C of 1/ 56 foot < r . '�OjS.i lie -1; 11, S. l� ant fAn E. Qi.i �A 1°.0 89° 0'31" 1 g i(t South i.n .t.<< tao,] of said No. ° one-half of the Southwest one-quarter a C st o of , 75. feet to aa� point of i,l C Je A.C> with the Easterly tc' 7.y .A.i o of l t lJo:d Noy C ' /41 C The t� [.- and 1t . V i0 " Western Railroad r tt n from � nJ J: a dC l 1. ' ' 1 '1..1C Florence 11 7 A',li <1 Glidden, a1 J✓f 1 11 to t` CG .r? t � i O A a u U - � r - At of beginning 'l. aJi, "EP he o. il '.o, 1 i .5. and aoj ) ',�. c is .: 1 _:.1:-Y:4 by J. +. .. sq..uaro concroto Aoni.r:ont . 1 00.1 i .- I'+12 . , . / /• ',Id) (L':. A i', :1: 6; 001:.1!.1l:'.i t rC: /./ r.,:/ Al i n 1/ 1lr k/1r • • : 1 - i OF _ -_- � __ _. • ,, I .c; ii continued ?I i.1 • ? n<7orn , hay in . a YI/ c :t,l • by Meurer, S. , n f ,.r.i and :• t'.�a' , (. 11 ht1, r1 1 2r 51' 11)" E. iliolq[ the Eantoi ly .S ;<t, f �.G'13 foot to a )fi',u.;N Cap O, said Quitclaim Deed Qi.:, itCp <), 1. 9' 11 " W. along 'her .au ler i l thunce N. ;tir iL 6.l +rQ foot to a i;'.',l , lino o. said Quitclaim Ducal a din o o J. „ "0-25"; thence N / _; t, 0`Z/ W. aloe,(; thu 'l � lino o : x said Quitclaim , Docd ,L distance e Oi 66.024 foot to a li: r , Cap < l 457 ,' W. along the 17c- itcrly ; M -S - -7i "0-26"; thence ° ` �_ n Monument .Q,t,,t<�]ai Deed a distance of 81.259 fort to a point of inter- e ;a 1 ) '1 1;Z'ly lino [' �,rn 7011; Si ;;j.<� t0 � )-'arl .- . Menu c n with the - LG 7 " - r �t 0'3i " C along bald Nol Lh( L li<.n .,, �, , . _�i "0 11 thence :� < i, , 1 ,, W. (' „ i S U .' •!tl .)(/1, foot C , t t0 a )iz"a � Cap Monument L ,•1 , lino n C N. U S d.: t ..150 O5 a thence E. a d1 t ti i;(. of 85 S .1 foot .to Hr4'36.200 G'i Cap Monti- ° 1 n I :cot �9 ", thence N. ,l OJ J1 l a c,i tr co of r.�nt 11 .�',t 0 -.. ,�.,z'c ' ' • to a point 50.00 foot Westerly fro is the c en to line of ti ac t L`; �, at right angles m lcs thereto Lo Hi tans (ap , ;u 7' M-S-M "0 -20 " thence N 7 W. i 1 0 i i 1e parallel to a d 50.00 foot Westerly C ' point ^ ° '� 421 foot to a 1 the the Cil �Ol'11iio of tC) distance iCt, �., >o't't-1} lino or Hallam. Tract from whence the Wont quarter corner of 00"00' 00" W. a distance of 500.244 foot; tl C;IC said Section 7 boars N. of JGO,c' t,> a C� i0 °00'0U" along said Hallam :11 lino a distance oa fey . - • S. E. /o C. at. from the con e ] ..:o of track an :l:�l t-c' point 50.00 foot Easterly ,,... 1 _ °58' and along a lino p, ii0' right .t,1(; xCiS thereto; thence S. rj J 4v E. . track a 01 .`: CC. , of to and 50.00 foot Easterly from the centerline of a M Cap :i'l (7. i'F>'7 foot to a point O:. curve, a.0 which. point t 5 -. i _, ° ) / 1 , 0 v i Monument 1 Qr_'_C "0-6A" , 1i':! S. 7°53'45" is distance v' :;iii .501 :.'_ and heroin 1 L0c an a A 1 . G co corn or; ; Lh ice l n an an t e to t7 e left 1, lino o f Quitclaim t C i. 1" . d :) C''_ GE 5 )�)'.� ` SIC. along I �; t 1C. 1C P LvC : ) c _ /. ' I along curve ? the left having radius rld U' 668 00 feet, • a424 central 1 angle ' 1 Or in ° l. /. )V`p arc distance IL of � 252. n 0 foot, the C' S. �5 0' 4 .0' a a distance Of 221.03 foot to a `_" l pin. with 7 C_ •c al cap ,1; „ . -: 0- I t thence .. 1 � 1 E. and Duct', , 1 along r - -I tCi 1 Southwesterly 1 ] nC of Quitclaim o � C -424 North- :from the D VU,. and Rio Grande Western to L McKinley a distance o,°. 161 ,022 foot O a point U 7 .tC Cct on with 1 1e 'V lino of Quitclaim DeCtl, i3O 542 "o/. The Danvor anC ilia 1t .,h .., 'Raitiroad Company i,1? tho Eitkin (' / .:1 c: y 1 )0,1;°C4 or County Commis- . 17°.1 : 11 W. a;1C1. n . I C.o A,_,..,r..- ,....,. i • . . • - . n, „1. . . ATIACI�LD TO AND rt aNN( A. PAi: 0/ C -- • I j. .hh.x i. , . ._j- f V ri , co :Ctih l I - "b” co:ii:j,alit'.(1 C ; . - 62.822 feet to' l brass ( `il ` fl i "0--(.);-."; ' Quitclaim t t �• (} 't. ( , k , a <.C o. ('. li f. Ljl`. t u t.. of �. id ( ui tca il.m Peed C) - stool pin with Meta 1 Cap gonu^IC1. .- ° o 55 '-'1.f) 15" j and 3oili. tho South- "0-10A" 11 �. ;:�" sot 1. i1 oil ]i'll ) i,j'LII CI) S. JJ to and gig/ westerly .li;'o o_. Quitclaim Dried No, 0-5423 'from :.). Dohver Gran \: a Q�.L 1 (c o) J '0.01 eot �:� � �..: (, C: ii iiai3.A OACL to )�' LJ- I -i... P. )t. Shay - .�.' 't . i' to a brass Cap ) ...o nu- i'1 N- t, {,I 0-- i1. "; corner - - . 'i i j ; �l ��' E. along the, J: 111 �.Cl�il LEA t S ", " ' ill � � Lll l'i1C0 N. t E. - :tent of t) r r point on distance foot L J �.]i:C °, a O'.� '� J n said Quitclaim iJ� ..i �. the South bank of t] c hot i ] 'Fork 7i; v tlio , co 76 ° 02' u along said South bank a 3) t t oleo of 07.113 • feet to a Brass Cap t S ) ' n. thence h, 8'L ° 2)-'l30 • E. lon said South hank ci0n with to tl'o a C. . >t;: -'.1C0 of 121.293 feat to a point of i ` I1LU' ., .,^ i, r said one _.,. �c. • :�t.)L lino of tho j'O Ljl, - =' C.C�-quarter GA .� ♦, Survey; ) So 7 A said life was C., >L.Lj>la �IC,U by the 1883 C11 - 17 'gyp„ • of thence continuing a 1 ,: l ' aforesaid t Ot 1. f C( L P .;_ O . • i i• 1 1 and Williams boundary foot to X)x) of intersection with. C.? t ' described ' u Bock 30 t. n o as agreed upon ` t k t:1 23, 1887, as Cj ;;C,° ` 47 of the pit :ci t Co t,)' records and 'LC a Brass C: k mCnt - .. } . alp said �'li7 2�)'� situate n11 said j(a 13 21 �.1 )11.. :.).<) C, S 0 distance o^ - ;0.807 'oot to a point of ii U�' AI � - L .; ' J 1(: Ct `f lino a - �" EC._ Oil with the South lJ hi; of said �'<J a'i:jl C '.. 0 - t li_i_ of the Southwest )O 1 ] C.i C O �. L7 �,CJ1 point of intersection n'1 - � _� .1 "0-1S", t _ • ' t ;• C. the North ' ('O O . the said ]S .. t' °, 1 )+ hail A: OA, the r Southwest � quarter J. . t ., o lino-of �. 7•.: . U,:' Oi. )1�, Southwest i - .1 ,1�)(it C.. `:�: t,n.. _.. - :. i. Scation 7 as was established by 7 . - i , ..borly's 1882 ratty -y, bears S. 8S • } 5 ) Cap } r!): i k :. . Is. i i "c-5G'; i i l ' c o N. 8:) 20'31" W. along d l o . <. . , d C - 4) . 4 C? ' uo )o._n t O v )ti 1... .. C.Ont>^.L.GCS -- - -- . . . • . .. .....____ , . • 4' 1 :1';:,;:f,C .--. • ,.. - • 1 ' . Al T A cui yo , t dioun; A l'Ai.'T or CG.v.i.'j 0. I ' t • : I :* 10 • _..-r- fil ') ' • _ ..... Ito- 5. . .. : :' • 5 . . i . , OSIti c ) , (• E ,..1P ?)• .„ . .../ I— NC21ING ThElll p 0 . , L ( .; 1 1 • i \ _ :, ( ,,, on lotro ol of land within the SouLh on of the Soutliwct i ‘,..-.., „ . ! one-4,uartor of Section V, Township 10 South, Rane 8 West of the I Gth Pit at Aspen, County ef . .dithdn, State of Colorado, descriiied l ns follows: Commencim, ut a point of intersoction with the North "no of Ho c :orth o of tho Southvq“3L o - quarLor and the 1 • Southwesterly lino oT the East Aspen )..C.V.M. Site, said point ;Jed..." 1 .S. la"04 E. a. distance of 14L7.404 feet from the West ono (iliarte:r i corhero said Section / and snic. point beitiing S ss i0 34 u, • distance of 12.2156 feet from Drass Cap Moni;':ent No. 311,; thence i S. , 1,3 ° 10 1 34" E. and along the rh. lino of the East Aspen • Town Site a. dihtanee or 875.301 Teo:: to Brass Crp flonument : • "C-1": thence N. 14 E, a dihtance of /„Se./.9 feet: to Diass • Cap Yonuent l..ISM "C-2"; thence S 137 E„ a dis;:ahce o; 83.957 :foot to Brass Cap Monument M.k.S\: "C-3"; Lhenee N. 3/1 hS. a (11:; u50 oE 1C4 7 - feet to flrass Cap Nefilsont SSM thence S, b E. a distance of 10,Oi fee t. to pen:; cm •: ' flSl,1 ''0-- 55' and the Southwesterly corner of Quit Claim Deed No. C-5795 said co beir;; the true point ol beginning; thence • S. 57 E. nnd alonic the Southerly line of said Quit Cinim Dead a distance of 8S.623 foet; the S, G1"30 E. and along said Soli iine of Quit Claim Deed No. C-5796 a (listahco of 35,63 feet to the Southeasterly corner ol: said Qoit Claim Deed; thence N. 1 E, and along the Easterly iiho of said Quit Ctaim Deed ' . a ftis;:ancoof 118 feet to the Northeastorly corner Of ii:1 QUit I Claim Dood, said Northersterly corner bears N, 72j :u;' 2, a distance. of 350,00 foot from 1p'.5;I1 brass ofl.p .' 'if -50"; • . I Lonce continding a'( the a2eresaid C30iSe a distnnco of 3 .,<E2 -feet; • i thence N, 7 5 0 0118" W, a diEtanco of 130 1'oet; thence. S, 14 1 'W, a dlstarce of O3e.r.6 fee to a i)cin sajd - ,l; behnr .1";,, :i7S6Sju , ..1 '.7., a dfstuee of 4c:i?? feet - fhroi - , - : tho Sonthwesterly coier of f.,:alcr. Quit Ciaim Deed maff:cd by Brs C i:onlinot MS; 10[c"; - M.: - .:co. S. 57 3 i D. a distaoco of'. 4,317 foot to 'Mc - l.f.ruo pp'kt of beLif..flig.. I • I A tract or parcel of land within the Northwest: Quarto): of tho Solithwest cr of section 7, Township 10 South, Ran‘re 51. ilest of tho Gth 1 1-iinc „e,....ricou as follows; Comu at the southoa:it . .! corner of the Nothwest ( of the Southwest ( DT Secton 7. . ! Township 10 South, . 84 WOY:;t; t:henc Nort'h 39 derees 32 minutes • I yest alonR• the South lihe of sad subdi‘zisioo: a ditanoe oi 1;34,4 feimt: . i. thence North 5: degrees 35 minutes West 235 feet; thonco North 1 drfTroe io linutos 7. 100 foot to the Lrue point of lief,idulng of the tract of land,hereLn 00 nveye.7.5 thnce Nofik 1 degreeo 45 Ljnutes West 154 . I 473 t7ler,ce feutli 18 derff'ees 10 m West :-:;') ” ---° -'-' c - -, ec 1/0TIC•0.) o01.1-t..fl 51 derces 47 )linut:; . :;:af ,- :t 36.9d - Loe - tn; thonce 3o7.-th 27. doiToes 2i mihutes 1.W - 20o t to ,,,, --. - 1 • rheiun*flg. , --? I . • C ON `..? 2.;',4 LE;)•-•----•"------•' '. . .... ; . — - . . . » ,•.",-, . • . - . 1 ,' ..• ... ... „ _.. I . • 1 ;. . . • . . I • • • • .J 70 AND FGii!.4it I' : /. i'AT bf CQ 11. ( HO. oF )i,\C)ii>f ING ' li - h ,, I A .. ;_:1;;:; 11 J.a'e' shaped tract or ha1'Ci`l. or land. in Aspen TUw1);; I_i: <_ Addition in the City of Aspen, Pt::ki.n County, SLate of Coior:,41o, . 1+Lth1n the Southwest Quarter of il1C Southwest Quarter of :i(C;t cn ) • Township 10 South, lia; ,rC 8 ,tit of the Ci tl: Principal 1,:erid an, more l a icuia'x y described an fol. 1 o ` ' ' l)Cg i at l y s iliC intersection of the SOiI i�. al \CCS t.Cz x property line I U;. The Denver and :Rio Grande Western E'ai_1:'onc Company with the Southerly line of Hallam Street, said property line n1;io l 1Ci.nj ; ; the Sot ;tf;'rc: tori,y line of said Aspen ovl'19ito Addition; thence South 75'53'52 C:as al.o: i; the Easterly produce Ci Southerly line of Hallam, Stree:. 155 fee;;, more or 1C.;s, to thy northerly produced Wenterly 0 lino of mill Street; `l. thence South 1'. OG Wont along .i:1 ] produced e ! , te.r1y line of M i l l Street 7O0 feet, more or 1 u: , to _,a i.•_'< prop_) tV e thine() North 43 ° l ` 01 West AO)j'' _( . ),;t ,` CC " ) ro7o tj .. M/ 10:3 z � foot more or losn to ,;lac point i:c �anai):)�, ALT, IN Ti 31 cCrji Ta CI' ICI. , T N o S,f Yi 'r O Co o' AD C — 5` ? '? y" • /WAG kf i o AND i c 1- t-E.3 1 PARR Or /-1( I LEGAL D LiTh.,..-'.CAoiV: 1,.:. t= Of land Jill ato the ii C ,i j Section cectiO 7, `1ownsj(J1) 10 South, i 1 West of the h Principal Meridian, P5t :U.tl County, Colorado, 1 y 1', Northerly C' . 1 r i -✓ . t. the Southerly ) �.�� -. J)I1 C: CJ said 1,. :)ii;' Easterly of the Westerly l f iC GI IS `7 Southwesterly r cl COT:Car 01' the, Roaring � o h River, described] a_, .. , ` SO�.�io,i •�• ‘seginn!ng at the center. o - the OW?. of said Section e i, Said point Ly; the sat e as the Southwest corner of said Nl 1 0i'1 ; thence N. t E feet c'1 ' • � � o v�, 1 1 �>�..'�J c l al on;; i s Westerly y 7 aric of ;ai d 1 I Silk. .to a point in the center e of said river; thence N. 75 ee alo .' the �, 1 76.38 cc, � it 1 of 1�� river; 66.15 feet along the 1< ? )9 °50) E. 04,2., c lino of said river; river; feet along i'1(: center line of :i_d :C]V7CT; thence S. 78 E 80. i5 aeet "r. the ,.e C;,1Lr'�" line OJ ._d ri. -cam: - - thence c 12'23' 17 chi feet along . 10'27.30' said t - ; VC:' Ill ✓.:C along i center _ t �. r,r � � � )t .. p i..(1 C. C :eLCI" i 1�1r of SlL� 1'7_� ' -thence 17'20' E. . > 3 ) feet .long the center . a r J7 a✓ E. 48.3/ along C�: "� tjl e]iCC> tl. ,i `Itli i:) j; "'� ^r' .. ._ the center line O✓_9?, said 271r c1'i ' S6.J,. feet along the e C'e11LU 711e of said river; to a point Oil the Jn Southerly the r 7 7 _ . • 1! L feet along �. A. �-. J.I. said 1'..x � Ji . thence N. 89 [J89 e ) T ,� 1. �tC lino OA, said 1 1 Coiner of said i \li - - S i :t the iJ�. ._1? f b • Southwest • . • . EXCEPTING THEREFROM: . tract of land in 1/4 Sl. 1/1 of Section r.� 8 Wes i. of h 1 . c _ a,.lci i Township 00., t� Meridian, mere ° -U'.1r ,.. t 1 t_ic.11n.'71 CSG ✓. _. .Beginning at a. survey mcnnolent marked 0 -•] 3 . � , r . t L t -. C:. O t! e Scf �C _� 1.)c i CI at t. C �1 ✓ z o the NE 1 r r 4 S S i., -C line 1 ' ✓.Ix ( 1/4 of said Section . dee _. r. •/ ' i '. >.., 7J ( dated 11 r (✓, .T �i] k� t z7. �_1 1 � l( A lU it I • . / 18 aelo-dL ' A the records C, v! Merl: '. Reception � I . Recorder- � t 17 1 li A .) ) at a 37,614 fee p .�.. �J, r County. u 11 /4 •t:jo • <.-d Section 7 .hence North 1 Easterly O the t center o of to o t i. f �. 0'11'14" East 1, O � Il c3 r r' t ) _i .. River; then , Westerly center C > 1 the C' d ... _ .( l.- River ... West �i � t 1 the center .. ,_,.iP o� said t J C the �: IL 4. l7 cif ;mid ,r 1....t , p the /^ thence c..-i1 u./ 30t,. E., >.. 37,614 fee point a: cg i.t..ti_ `l -u tC? the O.'. l t .: ii7't.L C0 Or lO'rfKr4":, STATE Or C • • `.1e . . . 3 4 t ._„2 • RECORD OF PROCEEDINGS 100 Leaves C.%. HCECC!L 0. H.SL C. Continued Meeting Aspen Planning and Zoning January 9, 1973 of that land is based on that zoning. This kind of zoning may create a subdivision above the 8040 line, this zoning allows for single family housing. Commission reviewed with those present the area in question on the mountain and the ownerships of land. A Mr. Carney stated Spar Consolidated is now having all their land surveyed to establish what land could be built on and what land could not. • Mr. Bartel stated to the Commission that the intent of the resolution is that all development along the line would be subject to review. .There must be certain standards set for review which have not been accomplished as of this date, Recommend to the Commission that the resolution be acted on by the Planning and Zoning Commission because they are only a recommending body. Outlined the following conditions that should be met along with the adoption of the resolution: (1) specific standards for review must be set prior to Coun- cil acting on any resolution for the mountain; (2) the 8040 line be surveyed; (3) investigate voluntary moratorium. For those property ownerships not represented at this meeting which would fall under the voluntary moratorium, would ask for temporary enactment of the ordinance which would re- quire those developments to follow the standards and review process. Gillis moved to adopt the resolution with the following con- ditions: (1)that the Planning and Zoning Commission set development standards that would be used as the basis for review of development proposals along the zoned boundary line between the existing AR and A/F zoned districts: (2) 8040 line be surveyed; (3) request City Council adopt volun- tary moratorium of development of the properties as repre- sented this evening. Seconded by Jordan. All in favor, motion carried. Goodhard moved to recommend to the City Council that all properties that are to be developed within the year of the moratorium be bound by the limitations of the ordinance, Seconded by Lewis. All in favor, motion carried, Uses, Trueman List of proposed uses was submitted by Mr. Bartel. including Property the following: surface parking to accommodate 800 spaces (8 acres); street dedications including Mill Street, Spring �A Street, Bleaker Street, Galena Street; maintenance and storage for. buses used in the shuttle system; car impound (S 5Q lot; ambulance storage area; neighborhood type uses i.e. gasoline station, taxi dispatch, In the long run will need . .,. RECORD OF PROCEEDINGS 100 Leaves FORM .0 C. E. NOEENEL 0. 3.. L. GO. _ Continued Meeting Aspen Planning and Zoning January 9, 1973 area for a civic center. Presently the City is having two appraisals of the land so that the boundary lines of the property are established. Also housing for government employees and those employees which are generated by the uses of the property. Bruce Gillis left the meeting. Jordan stated he was concerned about the neighborhood type businesses in that they may attract from the downtown. Mr. Bartel explained the Real Estate Affiliates who are studying and working on management of the property could give some answers to this nuestion once they have studied the problems. Mr. Jordan stated he felt an auto body shop should be in- cluded and also a cultural center. Mr. Fritz Benedict was present and presented his plan for reinstating the railroad tracks and the suggestion that this might be included at this time in planning the area. Mr. Goodhard moved to adjourn at 6:30 p.m., seconded by Lewis. All in favor, meeting adjourned. L ____ , Lorraine Graves City Clerk Study Session Aspen Cit Council December 4, 1972 Meeting called by Council to be held jointly with the Planning and Zoning Com- mission to discuss with Mr. Truman, owner of the railroad property, parking possibilities for the City in this area. The following were present: Mayor Homeyer; Councilmen Nystrom,Breasted, Griffin. Markalunas, Whitaker; Acting City Manager Veeder; City /County Planner Herb Bar- tel; Planning and Zoning Members Bruce Gillis, Barbara Lewis, Victor Goodhard, Charles Collins, Anthos Jordan. Mr. Bartel reported he had talked to Leigh of Alan Voorhees and Associates, letter to follow, and Mr. Leigh stated he still prefers the parking to be at the end of Galena Street, recognize that an open straight parking lot would damage the project from a design point of view, and it will involve lengthy joint procedures for it to work well at the end of Galena. If the alternate site is used (west side of Mill Street) one additional shuttle bus would have to be acquired. Further feels it is workable to lease land for a short period of time and try to implement other elements of the plan. Mr. Truman submitted a proposal for lease and /or purchase of land west of Mill Street. (See attached) Mr. Bartel stated the best use of the.land west of Mill would be for employee parking. Map of the area proposed was reviewed and it was determined the park- ing area offered by Mr. Truman does not abut on Mill Street but is to the back of the property. It was estimated 150 cars could be parked per acre with open parking. Would cost approximately $3,000,000 to build three levels of parking. Mr. Truman stated he would rather not sell the entire 4.6 acres to the City, with structure parking would only need two acres. Council questioned Mr. Truman as to the price of land at the end of Galena. Mr. Truman stated he could not say at this time, awaiting an appraisal. Mayor Homeyer suggested it might be more expensive in the long run to have the parking west of Mill than at the end of Galena. West of Mill would require access, additional bus, over or underpass, etc. Mr. Truman pointed out on a map, that part of the property the City is consider- ing at the end of Galena he does not even own. Aspen Construction, Stan Beal- near and 2 or 3 others own the land. Mayor Homeyer questioned Mr. Truman if he would be interested in a joint venture on the parking of 2 levels at the end of Galena. Access would be from the Red Mountain side and Mr. Truman could put in shops and condominiums on top. Mr. Robert Sterling of Walls and Sterling was present and stated Mr. Truman's approximate requirement for parking is 700 to 800 cars. This would take a strip along the back side of the property. To provide enough parking for the City in structure parking would go above the height limit. Mayor Homeyer stated she did not feel Mr. Truman's proposal submitted this date is unexpensive, also employees are not going to walk the additional two blocks. Councilman Whitaker stated he objected to the City spending too much time and money on this when we are trying to get rid of the automobile. To park in this area would be moving the problem lust a few blocks away. Page 2 • Study Session Aspen City Council December 4, 1972 Mr. Truman stated he would not like to give up any of his property. Mr. Sterling stated to go underground seemed unfeasible. Mayor Homeyer suggested the City purchase the entire property from Mr. Truman. Mr. Truman stated he would be willing to cut the lease figures in half. Councilman Whitaker stated he felt that in the long run he feels this area will not be the right place for parking. _ Councilman Breasted stated that he felt that if the City is going to commit to this project, he feels they should follow the transportation plan or purchase all the land on the west side of Mill Street. Mr. Truman stated this would in- volve approximately 8 acres. Mr. Charles Collins stated the P & Z felt the north end of Galena would compli- ment the parking on the south end. The south end is on the circulation route and also in close proximity to downtown. Mr. Joe Edwards suggested to Council they think about purchase of the entire land because of the impact on the community of this development. To purchase the land would also give the City control, put in a river mall, provide for a gas station, post office, etc. Mr. Harley Baldwin stated he felt that by the City providing parking in that area and with the downtown malls this is stimulating development of this area, and taking away from downtown. Councilman Breasted stated we are now missing the C -2 uses, feels that was the right zoning. Councilman Whitaker stated he feels small parking lots in the downtown is much better than spending a lot of money in this one area. Would rather see the City spend money buying land to stop development rather than buying property for parking. Feel this development will hinder the downtown core. Will re- sult in a shopping center. Mayor Homeyer questioned Mr. Truman if he would be willing to sell the City the entire property. The west side of Mill Street is not acceptable to the City, would like to buy property at the end of Galena. Suggestion was made by several people of condemning the entire land. Councilwoman Markalunas stated the City would like to buy the whole thing but feel the financing would be too restrictive. Councilman Griffin stated he agreed with buying the entire 19 acres. Councilman Nystrom stated he was for leasing of the property now and against committing to any kind of structure parking at this time. Mr. Bartel stated he and Mr. Leigh had suggested purchasing the property 6 months ago. Mayer Homeyer questioned Mr. Truman as to how many units he would he putting in. Mr. Sterling gave as an estimate when the project is complete would be 2000 people. Mr. Truman stated they do not intend to build a shopping center, mean to do it as well as can be and make it a part of Aspen and will be leaving about 50% open space. Page 3 Study Session Aspen City Council December 4, 1972 Mr. Edwards stated the City budgeted 2.5 million to buy this property and Mr. Truman paid 2.7 million and even by adding Mr. Truman's architectual feet etc., the costs would not be that considerable to purchase the property. The impact of the condominiums in this development will be out of proportion with the rest of the City. Mr. Bartel pointed out there is another ownership between Mr. Truman's property and the river. Council agreed to meet on Wednesday at 5:00 p.m. in special session to give Mr. Truman an answer as to whether the City desires to purchase the entire 19 acres. Councilman Jack Walls arrived. Council agreed to waive notice of special meeting and signed waivers to that affect and Council went into special session, to consider two resolutions relating to grant monies for tennis courts and /or bikeways. Acting Manager Veeder explained to Council the $20,000 to match the grant is budgeted under the heading of bikeways. This amount could be transferred to tennis courts if easements necessary in time are not obtained for the bikeways. Councilman Nystrom moved to read Resolutions #23 and #24. Seconded by Council- man Breasted. All in favor, motion carried. RESOLUTION ¥b23,SERIES OF 1972 was read in full by the City Clerk. RESOLUTION #23, SERIES OF 1972 WHEREAS, the City of Aspen is in the process of applying for grant monies for the Iselin Park Tennis Court Project, and WHEREAS, it is necessary to have an agent representing the City of Aspen for this project. NOW, THEREFORE, BE IT RESOLVED the Gity Parks and Recreation Director will act as agent for the Iselin Park Tennis Court Project between the City of Aspen and the Land and Water Conservation and Bureau of Outdoor Recreation. Councilman Nystrom moved to adopt Ordinance #23, Series of 1972. Seconded by Councilman Whitaker. Roll call vote - Councilmen Nystrom aye; Breasted aye; Griffin aye; Markalunas aye; Walls aye; Whitaker aye; Mayor Homeyer aye. Motion carried. RESOLUTION #24, SERIES OF 1972 was read in full by the City Clerk. RESOLUTION #24, SERIES OF 1972 WHEREAS,. the City of Aspen desires to show that funds will be available for the Iselin Park Tennis Court Project both from the City and Grant monies. NOW, THEREFORE, BE IT RESOLVED, that funds will be available from the City of Aspen for the Iselin Park Tennis Courts, Phase 1, for construction. The City will appropriate $20,000.00 to match a Federal Grant of $20,000.00 Page 4 • Study Session Aspen City Council December 4, 1972 Councilman Nystrom moved to adopt Resolution #24, Series of 1972. Seconded by Councilman Breasted. Roll call vote - Councilmen Nystrom aye; Breasted aye; Griffin aye; Markalunas aye; Walls aye; Whitaker aye; Mayor Homeyer aye. Motion carried. Mr. Truman returned and stated for the City to buy the entire property could be done on the conditions the price be negotiated and negotiations begin with- in one week and are completed within three weeks. Council stated they would give an answer on this Wednesday. Councilman Breasted moved to adjourn at 6:45 p.m., seconded by Councilman Whitaker. All'in favor, meeting adjourned. Lorraine Graves, City Clerk A PROPOSAL J. R. TRUEMAN & ASSOCIATES, INC. proposes that, for a period of three (3) years, the CITY.OF ASPEN lease up to four and 6/10 (4.6) acres as shown on the attached map plus access as deemed necessary, in order to test the feasibility of developing a permanent parking facility. It is believed that such a lease procedure would permit the City, with a minimum expenditure of funds, to determine the desirability of a parking facility. TERMS OF LEASE: 1. Annual Cost to City: J. R. Trueman & Associates, Inc. would a` lease approximately 4.6 acres to the City at a monthly charge of'2� 6CY $500.00 per acre. 2�. 2. Terms of Lease: The lease would have a maximum term of three (3) years, however, the City could terminate the lease at any time • upon giving sixty (60) days notice. 3. Option to Purchase: During the lease term the City would have an option to purchase two (2) of the 4.6 acre tract which would be sufficient for construction of a multi -story parking facility. The option purchase price would be $200,000.00 per acre (exclusive of the access road). 4. Improvements by City: During the lease term the City would pay the cost of installing and maintaining a surface parking area. 5. Construction of Permanent Facilities: When and if the City should decide to create a permanent facility, it would have the option of leasing the two (2) acre tract for purposes of con— structing the facility. The lease rental would be equal to ten (107.) per cent per annum times the $200,000.00 per acre purchase price, subject to escalation provisions during the term of the lease. 6. Leasing of Facility by J. R. Trueman & Associates, Inc.: Subject to later determination of the cost and related terms, J. R. Trueman & Associates, Inc_. will build the permanent facilities and lease them to the City on a long term basis, again on a net lease basis. Study Session Aspen City Council December 13, 1 Present at the meeting which began at 5:00 p.m. were: Mayer Eve Homeyer, Councilmen Scott Nystrom, James Breasted, Ram'na Markalunas Francis Whitaker. Also present were City Attorney Arthur Daily and Acting City Manager Dennis Veeder. The meeting was called to discuss the Trueman Property ( railroad property). Those members of the Council in favor of purchase of the entire 19 acres based their agruments on the following: (1) control: (2) revenues that may be der- ived: (3) splitting of the commercial core; (4) agree with two large parking areas at the north and south ends of Galena Street; (5) the cost of purchase of the entire tract will not be much more money than building a parking struc- ture; (6) cost of leasing land west of Mill Street is ton expensive: (7) park- ing west of Mill Street as offered by Mr. Trueman is not the right location for parking to meet the other elements of the transportation plan. Those members against purchase of the land based their arguments on the follow- ing: (1) in order to maintain the commercial core as the main core area park- ing must be in close proximity to the shopping area; (2) people will not park that far from the downtown; (3) should buy areas in the downtown for small Rubey Parks for parking; (4) large expenditures to be put into only one element of the transportation plan; (5) due to large amount of funds being spent on this element of the plan, some of the other elements could not be phased in for perhaps 4 years; (6) concrete figures are not available as to revenues that may be derived and if the City can conservatively pay for this project based on sales tax revenues; (7) feel to buy the entire acreage would be going back on the City's word as relates to passage of the sales tax; (8) dispersed park- ing would protect the view of the mountain and create more open space; (9) disperse congestion; (10) land around the parking would become more valuable, whereby, exclusive shops will be where the parking exists; (11) people do not change. Mr. Bartel explained that planning is a process of change. Rubey Park can accommodate as it now exists 50 cars. To fulfill the required number of park- ing spaces would take 10 one -half blocks of parking if landscaped such as Rubey Park. Also Council must consider how we can best accommodate the long run demand in automobiles coming into the area i.e. impact of the Interstate, 3 day weekends, etc. Feel dispersed parking will not work. Further need to con- sider the hidden benefits of purchase of this land: (1) uses to put the pro- perty to, such as a main post office, civic center including City and County, surface level parking, area for maintenance of the transportation plan, impound lot, neighborhood retail in conjunction with transportation. Also need to con- sider the right -of -way requirements in this area. Mill Street is not a de- dicated street; Spring Street needs to be improved as a parkway along the river, Bleeker Street extention which could be a trade of land with the County. The Courthouse and City Hall are at their capacity now and will need new build- ings in order to be able to serve the increase in population. If this land is developed it will be very high intense development. Suggestion was made that the Council gain an economic survey. It was pointed out to delay the remaining elements of the plan for four years, the problems will have increased tremendously. Mr. Bartel explained the other elements would not be at a standstill, the permit system could be initiated, could start phasing in the bus system. The transportation center at the airport and service to the airport are big items that would not be put into effect. The question remaining is how much would the cost of land be for 8 acres at the end of Galena Street? Study Session Aspen City Council December 13, 1972 Thomas Property - City Attorney Daily informed Council an error has been made in the total acreage, short by 6 acres. Mr. Daily to negotiate along the lines of an option on the 6 acres, eliminate 6 acres, etc. Meeting adjourned at 6 :45 p.m. L. Lorraine Graves, City Clerk • • LEGAL DESCRIPTION: TRACT "A" A part of the South ono -half of tho Southwost ono- quarter of Section 7, Township 10 South, Range 84 }Yost of the Sixth Principal Meridian, County of Pitkin, State of Colorado, more particularly described as follows: Commencing at a point of intersection with tho North lino of tho said South one -half of the Southwest ono- quarter and the Southwesterly lino of East Aspen Town Site, said point bearing S. 19 ° 04'48" E. a distance of 1417.404 feet from 'the West one- quarter corner of said Section 7 and said point bearing S. 43 ° 10'34" E. a distance of 12.266 feet from Brass Cap Monument No. 38; thence S. 89 ° 30'31" E. along tho said North line of said South one -half of the Southwest ono- quarter a distance of 75.681 feet to a'point of intersection with the Easterly line of Quitclaim Deed No. C -5798 from The Denver and Rio Grande Western Railroad Company to Fred D. and Florence Elder Glidden, and being the true point of,beginning of Tract "A" herein described and being physically located on the ground by a 3-inch square concrete monument set by Meurer, Serafini and Meurer, Engineers, having a brass cap narked M -S -M "0 -61 "; thence continuing along the aforesaid course a distance of 738.765 feet to the Southeast corner of the Northwest one- quarter of the Southwost ono- quarter as said corner is located by the 1888 Cutshaw Survey; thence continuing along tho aforo- said courso a distance of 37.614 feet to the intersection of the East line of the IIallam Tract with the North line of the said South ono -half of the Southwest one - quarter of Section 7, said line being established by that certain exchange of deods between Iiallanis and Williams as recorded on March 29, 1887 in Book 30 at Page 47 and Book 49 at Pago 8 in the records of the Recorder of Pitkin County, said cornor also being identified and located by Brass Cap Monument M -S -M "0 -13 "; thence con- tinuing along the aforesaid course a distance of 184.40 feet to a point of intersection with the East line of a Patent to The Denver and Rio Grande Wostern Railroad Depot grounds dated February 6, 1888 and to a Brass Cap Monument M -S -M "0 -36 ", said point of intersection also being tho intersection of the North line of tho said South half of tho South- . west ono - quarter with tho east line of the Southwest quarter of the Southwest quarter of said Section 7 as was established by Kimborly in the 1882 survey now suspended; thence S. O ° 52'26" W. along said East lino of tho Southwost one - quarter of the Southwost one- quartor of said Section 7 per Kimberly 1882 Survey and along the East lino of said Depot ground patent a distance of..109.669feet to a continued of 7 • • • EXHIBIT "B" LEGAL DESCRIPTION CONTINUED Tract "A" continuod • point of intersoction with the Prenterly lino of the Cnntlo Crook Mill Site Claim and a Brass Cap Monument M -S -M "0 -42 "; thenco N. 16 ° 40'00" E. along said Westerly Mill Site lino n distance of 9.381 foot to the Northwest corner of said Cantle Creek Mill Site Claim an a Brass Cap Monument BLM 34; thenco S 74 ° 34'44" E. a distance of 141.300 feet to the Northeast corner of the Castle Creek Mill Site Claim to :a Brass Cap Monument BLM 3 -6; thence S. 9 °21'00" E. along tho East lino of Cantle Creek Mill Site Claim a distanco of 412.461 foot to a point of intersection with the Northeastorly right of way of Tho Denver and Rio Grande Western Railroad to a Brass Cap Monument M -S -A1 "0 -45 ", said • point being 50.00 foot at right angles to tho contorlino of track; thenco S _ 43 ° 07'30 "" E. and along said Northeasterly right of way a distanco of 89.097 feet to a point of curve and a Brass Cap Monument M -S -M "0 -47 "; thence along said Northeastorly right of way and along a curve to the left having a radius of 309.26 feet, a central angle of 43 ° 16'43 ", an are distance of 233.601 foot to a point opposite the centerline at the end of railroad tracks and a Brass Cap Monument M -S -M "0 -48 ", the chord of said curve bearing S. 64 ° 45'52" E. a dis- tance of 228.088 font; thence S. 3 ° 35'47" 17. along a line normal to the conterllrIe at the end of existing railroad tracks it distance of 100.000 feet and a Brass Cap Monument M -S -M "0 -49 "; thence on an angle Itoo the right of 90 ° 00'00" and along tho Southwesterly right of way of The Denver and Rio Grande Western Railroad, Company and along a curve to tho right having a radius of 409.26 feet, a central anglo of 43 16'43 ", an are distance of 309.136 feet to a point of tangent and a Brass Cap Monument M -S -M "0 -50 ", the chor _of said curve bearing_S. 64 ° 45'52" E. a distance of 30 feet; thence along said tangent and along said Southwesterly right of way on a bearing of N. 43 ° 07'30" >W. a distance of 66.663 foot to a point of intersection with the Southerly lino of Castle Creek Mill Site and a Brass Cap Monument M -S -M "0 -51 "; thence N. 73 ° 55'00 "_w. along said Southerly lino a dis- tance of 4 feet to a Brass Cap Monument L1 -S -M "0 -59 "; thence N. 1G ° 38'42" E.'aTong the Easterly line of said Mill Site and along the Easterly extended lino of Quitclaim Deed No. C -5795 from The Denver and Rio Grande Western Railroad to Sarah B. Kaplan, a distanco of 81.345 feot to a Brass Cap Monument M -S -M "0 -56 "; thenco N. 73 ° 21'18" --- - n Ti of 272.0 Poet along the Northerly lines of said claim Deed No. C -5795 and along Quitclaim Dood No. C -5796 from The Denver and Rio Grande Westorn Railroad to Douglas Komodo; continuod • • • • • EXHIBIT "B" LEGAL DESCRIPTION CONTINUED Tract "A" continued thence S. 16 ° 38'42" W. a distance of 90.825 foot along the Wosterly line of said - llitclaim Deed C -5796 to a Brass Cap Monument M -S -M "0 -55 "; thence N. 57 ° 38'34" W. a distance of 10.54 feet to a Brass Cap Monument M-- S M "C -h "I thence S. 84 a distance of 1P.4._! feet to a I3rass Cap Monument M -S - '"C -3''; theme N. 87,_ Q'_341- i., a distance of 88.957 foot to a Brass Cap Monument M -S -M "C -•2 "; thence S. 14 ° 29'26" W. a distance of_211. B.L9_feet to a point of intersection with the Southwesterly lino of East Aspen Town Site and a Brass Cap Monu- ment M -S -M "C -1 "; thence N. 43 ° 10'34" W. along said Southwesterly lino a distance of 797.399 feet to a point of intersection with tho Southerl; line of Quitclaim Deed No. C -5798 from The Denver and Rio Grande Western Railroad to Fred D. and Florence Elder Glidden, said point bearing S. 43 ° 10'34" E. a distance of 78.465 feet to the intersection of the North line of the South one -half of the Southwest ono - quartor of said Section 7; thence S. 74 ° 59'06!'._,E. along said Southerly line of Quitclaim Deed No. C -5798 a distance of 8.857 feet; thence Li 51'18" E. _ a distance of 60.381 feet along said Easterly line of Quit- claim Deed No. C -5798 to the truo point of beginning of said Tract "A" herein described; and excluding from the herein described Tract "A ", that certain tract of land conveyed by The Denver and Rio Grande Western Railroad Company to F. W. and Gussie May Anderson by Quitclaim Deed No. C -5794. TRACT "B" A part of the North one -half of the Southwest one- quarter of Section 7, Township 10 South, Range 84 West of the Sixth Principal Meridian, County of Pitkin, State of Colorado, more particularly described as follows: Commencing at a point of intersection with the South line of said North ono -half of the Southwest one - quarter and the Southwesterly line of tho • East Aspen Town Site, 'said point bearing S. 19 ° 04'48" E. a distance of 1417.404 feet from the West one - quarter corner of said Suction 7 and said point bearing S. 43 ° 10'34" E. a distance of 12.266 foot from Brass Cap Monument No. 38; thence S. 89 ° 30'31" E. along the said South line of said North one -half of the'Southwest one - quarter a distance of 75.681 foot to a point of intersection with the Easterly line of Quit- claim Deed No. C -5798 from The Denver and Rio Grande Western Railroad Company to Fred D. and Florence Elder Glidden, and being the true point of beginning of Tract "B" herein described and. being physically on the ground by a 3 inch square concrete monument continued • 3' or- . 7 • • EXHIBIT "B" - LEGAL DESCRIPTION CONTINUED Tract "B" continued set by Meurer, Sernfini and Meurer, Engineers, having a brass cap marked M -S -M "0 -61 "; thence N. 12 ° 51'18" E. along the Easterly lino of said Quitclaim Deed a distance of 14.678 foot to a Brass Cap Monument M -S -M "0 -24 "; thence N. 22 ° 59'11" W. along the Easterly lino of said Quitclaim Docd a distance of 116.184 feet to a Brans Cnp Monument M -S -M "0 -25 "; thence N. 78 ° 31'02" W. along tho Northerly lino of said Quitclaim Decd a distance of 66.024 feet to a Brass Cap Monument M -S -M "0 -26 "; thence S..14 ° 45'14" W. along the Westerly line of said Quitclaim Deed a distance of 81.256 feet to a point of inter- ' section with the Northeastorly line of Aspen Town Site to a Brass Cap Monument M -S -M "0 -27 "; thence N. 43 ° 10'34" W. along said Northeasterly lino a distance of 279.234 feet to a Brass Cap Monument M -S -M "0 -18 "; thence N. 81 ° 59'05" E. a distance of 85.321 feet to a Brass Cap Monu- ment M -S -M "0 -19 "; thence N. 42 ° 01'01" E. a distance of 446.200 feet to a point 50.00 feet Westerly from the centerline of track as measured at right angles thoreto t� a Brass Cap Monument M -S -M "0 -20 "; thence N. 7 ° 58.'45" W. along a lino parallel to and 50.00 feet Westerly from the centerline of track a distance of 744.421 feet to a point in the Northerly line of Hallam Tract from whence the West quarter corner of said Section 7 boars N. 90 ° 00'00" W. a distance of 500.244 feet; thence S. 90 ° 00'00" E. along said Hallam lino a distance of 100.98 feet to a point 50.00 feet Easterly from the centerline of track as measured at right angles thereto; thence S. 7 ° 58'45" E. and along a lino parallel to and 50.00 feet Easterly from the centerline of track a distance of 870.787 feet to a point of curve, from which point M -S -M Brass Cap Monument marked "O -6A" boars S. 7 ° 58'45" E. a distance of 38.501 feet and herein used as a reference corner; thence on an angle to the loft of 8 ° 09'25" and along tho Southwesterly line of Quitclaim Deed No. C- 5424 and along a curve to the left having a radius of 668.00 foot, a central angle of 19 ° 03'00 ", an arc distance of 222.100 feet, the chord of said curve bearing S. 25 ° 39'40" E. a distance of 221.08 feet to a steel pin with a metal cap monument M -S -M "O -7A "; thence S. 6049'56" E. and along said Southwesterly line of Quitclaim Doed No. C -5424 from the Denver and Rio Grande Western Railroad to Sam L. McKinley a distance of 141.028 feet to a point of intersection with the North- . westerly lino of Quitclaim Deed No. 5425 from The Denver and Rio Grando Western Railroad Company to tho Pitkin County Board of County Commis- sioners to a Brass Cap Monument M -S -M "O -8A "; thence S. 19 ° 51'09" W. and along said Northwostorly lino of said Quitclaim Dood No. C -5425 continued • • of 7- r • ' EXHIBIT "B" LEGAL DESCRIPTION CONTINUED • Tract "B" continued a distance of 82.822 foot to a Brass Cap Monumont M -S -M "0 -9A "; thence S. 59 ° 18'59" E. and along tho Southwesterly line of said Quitclaim Deed a distance of 36.98 foot to the Southeast cornor of said Quitclaim Decd to a steel pin with Metal Cap Monumont M -S -M "0 -10A" set in oil mat; thenco S. 56 ° 15'45" E. and along tho South- westerly line of Quitclaim Dood No. C -5426 from The Denver and Rio Grande Western Railroad to William It. Shaw a distance of 120.00 foot to the Southeast corner of said Quitclaim Deed to a Brass Cap Monu- ment M -S -M "0 -11A "; thenco N. 33 ° 44'15" E. along the Southoaotorly line of said Quitclaim Deed a distance of 78.531 foot to n point on tho South bank of tho Roaring Fork River; thence S. 76 ° 02'54" E. along said South bank a Distance of 67.143 foot to a Brass Cap Monument M -S -M "2rI "; thenco N. 84 ° 21'30" E. along said South bank a distance of 121.293 foot to a point of intersection with tho East line of the Northwest one- quarter of said Southwest one- quarter of Soction 7 as said line was established by the 1888 Cutshaw Survey; thonce continuing along the aforesaid courso a distance of 35.579 feet to a point of intersection with the Ilallam and Williams boundary lino as agreed upon March 26, 1887, as described in Boole 30 at Page 47 of the Pitkin County records and to a Brass Cap Monument M -S -M "0 -28" situate on said Hallam Line; thence S. 0 ° 11'44" W. along said Hallam boundary line a distance of 130.807 feet to a point of inter- section with the South line of said North one -half of tho Southwest ono - quartor of Section 7 to a Brass Cap Monument M -S -M "0 -13" from which point of intersection marked M -S -M "0 -13 ", tho intersection of the North lino of the said South half of the Southwest quarter with the East lino of the Southwest quarter of the Soutlnvost quarter of said Section 7 as was established by Kimberly's 1882 survey, bears S. 89 30'31" E. a distance of 184.40 feet, and said corner also being located by Brass Cap Monument M -S -M "0 -36 "; thenco N. 89 ° 30'31" W. along said South line a distance of 776.379 feet to the true point of beginning. continued • • EXHIBIT "B" • • EXCEPTING THE1REFROM: A tract or parcel of land within the South one -half of the Southwest one- quarter of Section 7, Township 10 South, Range 84 West of the Gth P.M. at Aspen, County of Piticin, State of Colorado, described as follows: Commencing at a point of intersection with the North lino of the South one -half of the Southwest one- quarter and the Southwesterly line of the East Aspen Town Site, said point bearing S. 19 ° 04'48" E. a distance of 1417.404 feet from the West ono- quarter corner of said Section 7 and said point bearing S. 43 ° 10'34" E. a distance of 12.266 feet from Brass Cap Monument No. 38; thence S. 43 ° 10'34" E. and along the Southwesterly line of the East Aspen Town Site a distance of 875.864 feet to Brass Cap Monument MSM • "C -1 "; thence N. 14 ° 29'26" E. a distance of 75,829 feet to Brass Cap Monument MSM "C -2 "; thence S. 87 ° 30'34" E. a distance of 88.957 feet to Brass Cap Monument MSM "C -3 "; thence N. 84 ° 20'26" E. a distance of 164.743 feet to Brass Cap Monument MSM "C -4 "; thence S. 57 ° 38'34" E. a distance of 10.54 feet to Brass Cap Monument MSM "0-55" and the Southwesterly corner of Quit Claim Deed No. C -5796, said corner being the true point of beginning; thence S. 57 ° 38'34" E. and along the Southerly line of said Quit Claim Deed a distance of 88.623 feet; thence S. 67 ° 30'34" E. and along said Southerly line of Quit Claim Deed No. C -5796 a distance of 36.88 feet to the Southeasterly corner of said Quit Claim Deed; thence N. 1G ° 38'42" E. and along the Easterly line of said Quit Claim Deed a distance of 118.58 feet to the Northeasterly corner of said Quit Claim Deed, said Northeasterly corner bears N. 73 ° 21 ° 18" W. a - • distance of 150.00 feet from MSM brass Cap Monument "0 -56 "; thence continuing along the aforesaid course a distance of 8.42 feet; thence N. 75 ° 01'18" W. a distance of 129.012 feet; thence S. 14 ° 58'42" W. a distance of 94.346 feet to a point, said point bears N. 57 ° 38'34" W. a distance of 4.377 feet from the Southwesterly corner of said Quit • Claim Deed marked by Brass Cap Monument MSM "0 -55 "; thence S. 57 ° 38' 34" • E. a distance of 4.377 feet to the true point of beginning. EXCEPTING THEREFROM: • • A tract or parcel of land within the Northwest Quarter of the Southwest Quarter of Section 7, Township 10 South, Range 84 West of the 6th Principal Meridian, described as follows: Coimnencing at the southeast corner of the Northwest Quarter of the Southwest Quarter of Section 7, Township 10 South, Range 84 West; thence North 89 dtgrecs 32 minutes West along the South line of said subdivision a distance of 184.4 feet; . • thence North 53 degrees 35 minutes West 335 feet; thence North 1 degree 15 minutes East 100 feet to the true point of beginning of the tract of land herein conveyed; thence North 7 degrees 45 minutes West 154 feet; thence South 18 degrees 10 minutes West 324 feet; thence South 57 degrees 47 minutes East 36.98 feet; thence North 27 degrees 21 minutes East 197 feet to the point of beginning. CONTINUED • lO W 7 • • • • EXHIBIT "B" • • • • EXCEPTING TIIEREFROM: • A triangular shaped tract or parcel of land in Aspen Townsite Addition in the City of Aspen, Pitkin County, State of Colorado, within the Southwest Quarter of the Southwest Quarter of Section 7, Township 10 South, Range 84 West of the Gth Principal Meridian, more particulary described as follows: • Beginning at the intersection of the Southwesterly property lino of The Denver and Rio Grande Western Railroad Company with tho / Southerly line of Hallam Street, said property line also being the Southwesterly line of said Aspen Townsite Addition; thence South 75 ° 53'52" East along the Easterly produced Southerly line of Hallam Street 155 feet, more or less, to the Northerly produced Westerly line of Mill Street; thence. South 14 ° 06'08" West along said Northerly produced Westerly line of Mill Street 100 feet, more or less, to said Southwesterly property line; thence North 43 ° 03'52" West along said Southwesterly property line 185 feet more or less, to the point of beginning. ALL IN THE COUNTY OF PITI {IN, STATE OF COLORADO • • • t • 7 °F 7 • • EXHIBIT "B"