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HomeMy WebLinkAboutMemorandum of Understanding0070 B " Benchmark oad GARFIELD & HECHT, P.C. Post Office Box 5450 Avon, Colorado 81620 ATTORNEYS AT LAW Telephone (970) 949 -0707 Since 1975 Facsimile (970) 949 -1810 www.garfieldhecht.com October 28, 2011 VIA HAND DELIVERY Town of Vail Community Development Department Attn: Bill Gibson 75 S. Frontage Rd. Vail, Colorado 81657 RE: Lion Square Condominiums Renovation Project Dear Bill: In follow -up to our letter dated August 19 attached hereto please find the Memorandum of Understanding negotiated and approved by each of The Vail Corporation and its affiliates (collectively, "TVC "), as owners of the land adjacent to the renovation property (the "Ski Yard ") and Lion Square Condominium Association, Inc. ( "LSL "). We now request Town of Vail review, comments and approval of the attached document in connection with the proposed renovation project for LSL since certain building elements are proposed for location within the 10' setback established by the Town. If you have any questions or concerns regarding the attached please contact myself or Gerry Arnold, 754 -2658. Otherwise, if the attached meets with the Town's approval kindly forward the executed version back to my attention at your earliest convenience. Once acceptable to the Town, each of TVC and LSL will execute the Memorandum and record it in the public records, providing a recorded version to the Town. Regards, GARFIELD & HECHT, P.C. B Kursten Canada cc: Lion Square Condominium Association/Attn: Board Members Lion Square Condominium Association/Attn: Bill Anderson Vail Resorts. /Attu: Gerry Arnold by email 754420vl OCT 2w 20» TOWN Orr VAIL Aspen • Avon • Basalt • Glenwood Springs • Rifle ® Printed on recycled paper MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding ( "MOU "), dated as of , 2011, is made by and among LION SQUARE CONDOMINIUM ASSOCIATION, INC., a Colorado nonprofit corporation ( "LSL "), ARRABELLE AT VAIL SQUARE, LLC, a Colorado limited liability company, and THE VAIL CORPORATION, a Colorado corporation (collectively "Vail "), and TOWN OF VAIL, a municipal corporation duly organized and existing under and by virtue of the laws of the State of Colorado ( "Town of Vail "), regarding certain understandings among the parties pertaining to the Restricted Area (the "Restricted Area ") shown on Exhibit A to this MOU ( " Exhibit A '), and addresses, in part, those provision of Sections 5.11.5 and 5.12.5, Lionshead Redevelopment Master Plan dated December 15, 1998, as specifically amended by that certain Resolution No. 17, Series of 2006, Town of Vail (the "Master Plan"). The Restricted Area includes a portion of the 10 foot setback from the east property line of and within the LSL property (i.e., the condominium property governed by LSL) as set forth in the Master Plan (the "10 Foot Setback ") and other portions of the LSL property, as depicted by cross hatching on Exhibit B ( " Exhibit B ") attached hereto (the "LSL Area "), and a portion of the ski yard on Vail's property as depicted by cross hatching on Exhibit C ( " Exhibit C ") attached hereto (the "VA Area "). For purposes of this MOU, the VA Area shall mean only those portions of land owned by Vail which are cross hatched on Exhibit C . All other land owned by Vail and not cross hatched on Exhibit C (the "Remaining VA Land ") is not subject to this MOU, and Vail shall have unfettered, unrestricted and complete use of the Remaining VA Land in accordance with applicable zoning. 1. Encroachments into the 10 Foot Setback LSL has authorized a renovation plan of its condominium building abutting the western edge of the Restricted Area. In accordance with the Master Plan, the renovation will add encroachments into the 10 Foot Setback. Vail and Town of Vail agree that the renovated LSL building may encroach into the 10 Foot Setback but only to the extent shown on Exhibit A . (a) LSL acknowledges that (i) Vail will be entitled to use the VA Area for all uses allowed in the VA Area, as more particularly set forth in Section 3 below, and (ii) any encroachment of the LSL building into the 10 Foot Setback may have negative impacts to LSL's residents and guests, such as reduced privacy, noise and obstruction of views, due to the close proximity of activities customary to the use and operation of the VA Area, including but not limited to recreational activities, special events, snow making, snow grooming and maintenance. (b) Vail acknowledges and consents to any encroachment of the LSL building into the 10 Foot Setback that is in conformity with Exhibit A hereto and further acknowledges that such encroachment may adversely affect existing below grade improvements and may reduce the potential future development of the VA Area. 2. Restrictions LSL, with respect to the LSL Area, and Vail, with respect to the VA Area, agree not to construct any vertical, above -grade building on or within the Restricted Area, provided, however, that LSL, as owner of the LSL Area, and Vail, as owner of the VA Area, shall be permitted, on their respective land and for their respective benefit, to construct /install underground improvements and above -grade non - habitable improvements, including but not limited to balconies, roof overhangs, footers, utilities and landscaping elements within the Restricted Area, such permitted landscaping elements to include, but not be limited to, retaining walls, hardscape elements, and planting elements, subject to approval by the Town of Vail (collectively, the "Permitted Elements "), it being understood and agreed that LSL shall not construct/install any Permitted Elements on the VA Area, and Vail shall not construct/install any Permitted Elements on the LSL Area, unless agreed to in writing by the parties pursuant to separate instrument. 3. Vail's Rights Notwithstanding anything in this MOU, the Master Plan or Exhibit A , (i) LSL shall have no rights of any kind or nature whatsoever in and to the VA Area, including but not limited to using the VA Area (A) for the Permitted Elements, landscaping, or any other improvement (except that those certain encroachments set forth in documents recorded at Reception Nos. 514849, 917762, and 852684, as amended by the document recorded at Reception No. 917760, in the records of the Eagle County, Colorado, Clerk and Recorder, hereinafter called the "Existing Encroachments," and the landscape plan attached hereto as Exhibit D , hereinafter called the "Approved Landscaping," are permitted (in the case of the Approved Landscaping, subject, however, to the terms of the "Landscaping Encroachment Agreement" referenced below)), or (B) except as specifically provided in this MOU, for compliance with Town of Vail Municipal Code, fire code and emergency egress requirements or any other requirements imposed by the Town of Vail or any other entity having jurisdiction over renovation, improvement or use of the LSL property and matters related thereto (the "LSL Requirements and Compliance "), the LSL Requirements and Compliance to be addressed and satisfied solely and completely on LSL property; and (ii) subject to the provisions of Section 2 above, to the Existing Encroachments, and to the Approved Landscaping undertaken in accordance with the Landscaping Encroachment Agreement, all rights in and to the VA Area, including, without limitation, all rights to lawful uses, are fully retained by Vail. LSL's conduct of work in relation to the Approved Landscaping to be installed in the VA Area, and its entry into Vail -owned properties for purposes thereof, will be in accordance with and subject to the terms of a certain Landscaping Encroachment Agreement made of even date herewith between Vail and LSL. Moreover, nothing in this MOU shall prohibit, preclude or negate (i) the plans approved by the Town of that certain project commonly known as Arrabelle at Vail Square located on Lot 1, Lionshead Sixth Filing ("Arrabelle"), and (ii) the construction and/or operations of the uses and activities associated with Arrabelle and the VA Area. Additionally, except as specifically provided in this MOU and said Landscaping Encroachment Agreement, LSL shall not install landscaping at any time in the LSL Area or take any other action which would cause any of the LSL Requirements and Compliance to become attributable to the VA Area, and the LSL Requirements and Compliance shall not be or become attributable to or limit or encumber the VA Area or any Remaining VA Land to any extent 4. Seasonal Operations and Activities in the VA Area Notwithstanding anything in this MOU: (a) During the ski season (the "Ski Season "), Vail, or any entity who enters into arrangements with Vail, including, but not limited to, Town of Vail (the "Other Entities "), may conduct in the VA Area all operations and activities necessary or desirable to Vail's ski area business or for appropriate events during the Ski Season, as determined in Vail's judgment, including, but not limited to, any skiing or ski related activities, and Vail hereby reserves for itself and Other Entities all rights to such operations and activities, subject to the following: (i) During a "Special Event" in which tents or other temporary facilities ( "Tents ") are to be used, Vail or the Other Entity, as appropriate, will notify LSL, specifically the LSL Property Manager, by telephone at (970) 477 -4432, of the dates on which the Special Event will occur. (ii) Vail or the Other Entity, as appropriate, will provide the location/placement of Tents to LSL and will cooperate with LSL in such placement of Tents but only to the extent necessary to provide for appropriate fire code egress compliance and pedestrian access where the Tents are located within the VA Area and abut the LSL Area. (b) During the spring, summer or fall seasons (the "Non -Ski Seasons "), Vail or any Other Entity who enters into arrangements with Vail may conduct all operations and activities necessary or desirable for appropriate events for the Non -Ski Seasons in the VA Area, as determined in Vail's ordinary business judgment, and Vail hereby reserves for itself and Other Entities all rights to such operations and activities, subject to the following: (i) During a "Special Event" in which Tents are to be used, Vail or the Other Entity, as appropriate, will notify LSL, specifically the LSL Property Manager, by telephone at (970) 477 -4432, of the dates on which the Special Event will occur. (ii) Vail or the Other Entity, as appropriate, will provide the location/placement of Tents to LSL and will cooperate with LSL in such placement of Tents but only to the extent necessary to provide for appropriate fire code egress compliance and pedestrian access where the Tents are located within the VA Area and abut the LSL Area. (c) LSL, and any of its constituent members, renters or users of the units within LSL, will notify Vail, and not the Town of Vail, by contacting Vail's Director of Base Mountain Operations, currently (970) 754 -4008, regarding Vail- sponsored events during Ski Season and Non -Ski Seasons with any questions or issues that LSL may have with respect to such events held in the VA Area; for such events sponsored by Town of Vail, such contact shall be with of the Town of Vail (and not with Vail), currently (970) LSL shall be solely responsible for the implementation and enforcement of the provisions of this Section 4(c) and shall use its good faith efforts to assure that the Lion Square Phase IIAII and Lion Square North homeowner associations advise their respective members, renters and users of the units of such projects cause adherence to the provisions of this Section 4(c). The foregoing will not be construed to establish or create any legal duties of Vail or Town of Vail in relation to such events that they do not otherwise have. In no event will Vail have any liability to LSL, its members, renters and users, or any other party for any actions, omissions or conduct of any Other Entity or its agents, contractors, licensees and invitees. The foregoing shall not be construed to create any obligation of Vail to make any binding accommodations with any Other Entity for the conduct of any event. 5. Snow Grooming Consistent with historical snow - grooming and as a courtesy to LSL, when Vail grooms the VA Area, Vail will use its good faith efforts to groom a portion of the LSL land adjacent to the VA Area (the "LSL Grooming Area "), at no cost or expense to LSL, provided, however, that LSL acknowledges and agrees, as follows: (a) Because LSL proposes to extend its building toward the VA Area, Vail will not have the space to taper the snow at or close to the LSL building, and the snow will possibly and probably be higher than the patios and/or doors /entrances /egress areas ( "Egress Areas") on the east side of the LSL building abutting the VA Area (the "Snow Level "). In addition, the physical limitations imposed by the Approved Landscaping and LSL building renovation may also cause Vail to curtail or limit the scope of the grooming, as determined in Vail's ordinary business judgment. Notwithstanding the foregoing, the intent of the Parties is to have Vail continue its historical snow - grooming, subject to the provisions of this subparagraph (a), as a courtesy to LSL. (b) LSL will provide appropriate interface between the Egress Areas' doors and the Snow Level. (c) (i) Vail will not be responsible for any damage to landscaping, hardscaping, utilities or improvements within or adjacent to the LSL Grooming Area, including but not limited to, shrubs, trees, turf, or patios, or the irrigation sprinkler system and facilities installed as part of the Approved Landscaping, because of its grooming activities consistent with historical practice on the LSL land but subject to the provisions of subparagraph (a) above, and LSL hereby releases Vail and will hold Vail harmless from and indemnify Vail against any liability associated with such damage_except such damage that is intentionally or maliciously inflicted by Vail. All costs and liabilities associated with such damage not otherwise intentionally or maliciously inflicted by Vail shall be at the expense of LSL. (ii) Because Vail grooms the LSL Grooming Area and the Ski Yard together and there is no discernable property boundary, the general skiing population may not be aware that the LSL land and the Ski Yard are two separate properties, and Vail will not be liable to control skiers who may cross from the Ski Yard onto LSL land. LSL, if LSL so desires and at LSL's own cost and expense, will be responsible for controlling the property line between the Ski Yard and LSL land to prevent and manage the general population of skiers in not crossing the property line into LSL land from the Ski Yard, including enforcement thereof. 6. Effect of Landscaping Encroachment Agreement It is mutually intended that the Landscaping Encroachment Agreement be construed as cumulative with the provisions of the MOU. However, in the event any unresolvable conflict or inconsistency arises between the provisions of this MOU and the provisions of the Landscaping Encroachment Agreement, the provisions of the Landscaping Encroachment Agreement shall be controlling. 7. Recording; Successors and Assigns. This MOU will be recorded in the records of the Eagle County, Colorado, Clerk and Recorder and shall run with the land and title to the land. This MOU shall inure to and be binding upon the successors and assigns of the parties to this MOU. 8. Miscellaneous. (a) This MOU (and any attached exhibits) contains the entire agreement and understanding of the parties with respect to the subject matter hereof. (b) No amendment, alteration, modification of or addition to this MOU, and no waiver of any rights or obligations hereunder, shall be valid or binding unless expressed in writing and signed by the party or parties to be bound thereby. (c) This MOU shall be governed by and interpreted in accordance with the laws of the State of Colorado. (d) Any notices to be given hereunder shall be deemed to be given three (3) days after mailing, if mailed, or upon delivery to the applicable premises if hand delivered. Notices shall be delivered or mailed to the parties at their respective addresses listed below or at such other address as shall be specified in writing by a party in accordance with these notice provisions, as follows (provided that any addresses specified must be within Vail or Avon, Colorado, and must include a street address, and neither party may establish more than two addresses at any one time): IF TO VAIL: c/o Vail Resorts Development Company Post Office Box 959 137 Benchmark Road Avon, Colorado 81620 Attn: Sr. Vice President IF TO LSL: Lion Square Condominium Association, Inc. Attn: General Manager 660 West Lionshead Place Vail, Colorado 81657 (e) Time is of the essence with respect to the performance of each of the covenants and agreements herein set forth. (f) Vail hereby represents to the LSL that Vail has taken or received all corporate and company action or authorization necessary for Vail to enter into this MOU; that Vail's entry into this MOU constitutes the duly authorized corporate and company action of Vail; and that this MOU is binding on Vail. LSL in turn represents to Vail that LSL has taken all actions and received all consents or authorizations from its board of directors (however denominated) and/or its members (i.e., the unit owners within the condominiums) which are requisite to LSL's entry into this MOU; that LSL's entry into this MOU constitutes the duly authorized corporate and association action of LSL; and that this MOU is binding on LSL. LSL also acknowledges and covenants that it has made this MOU on behalf of its members and that it is binding on its members as well as LSL. (g) As used herein, "business day" shall mean any day other than a Saturday, Sunday or legal holiday for which U.S. Mail service is not provided. (h) This MOU may be executed in counterparts, each of which shall constitute an original, and which together shall constitute one and the same agreement. Any party hereto may confirm legal delivery of its counterpart by facsimile or e-mail transmission of its signed and acknowledged signature page. [Balance of page intentionally left blank] Executed to be made effective as of the date set forth above. STATE OF COLORADO ) ss. COUNTY OF EAGLE ) LSL LION SQUARE CONDOMINIUM ASSOCIATION, a Colorado nonprofit corporation By:_ Name: Title: The foregoing instrument was acknowledged before me this day of , 20_, by as of Lion Square Condominium Association, Inc., a Colorado nonprofit corporation. My commission expires: [SEAL] Notary Public [Signature Blocks Continue on Neat Page] VAIL ARRABELLE AT VAIL SQUARE, LLC, a Colorado limited liability company By: Vail Resorts Development Company, a Colorado corporation, as Managing Member By: Name: Title: STATE OF COLORADO ) ss. COUNTY OF EAGLE ) The foregoing instrument was acknowledged before me this _ , 2o_, by as Resorts Development Company, a Colorado corporation, as Managing ARRABELLE AT VAIL SQUARE, LLC, a Colorado limited liability company. My commission expires: [ SEAL] Notary Public day of of Vail Member of [Signature Blocks Continue on Next Page] THE VAIL CORPORATION, a Colorado corporation By:_ Name: Title: STATE OF COLORADO COUNTY OF EAGLE ss. The foregoing instrument was , 20_, by Vail Corporation, a Colorado corporation. My commission expires: [SEAL] Notary Public acknowledged before me this day of as of The [Signature Blocks Continue on Next Page] Town of Vail joins in this MOU for the express and sole purpose of consenting to the adjustment of the Setback within the LSL land and the Ski Yard which adjustment is described and depicted in this MOU as "Restricted Area ". TOWN OF VAIL TOWN OF VAIL, a municipal corporation duly organized and existing under and by virtue of the laws of the State of Colorado Un Stanley B. Zemler, Town Manager ATTEST Lorelei Donaldson, Town Clerk STATE OF COLORADO COUNTY OF ss. The foregoing instrument was acknowledged before me this day of , 2011, by Stanley B. Zemler as Town Manager of the Town of Vail, a municipal corporation duly organized and existing under and by virtue of the laws of the State of Colorado. Witness my hand and official seal. My commission expires: Notary Public 726859v1 EXHIBIT A Depiction of Restricted Area (See the attached) A -1 T I Q v A Q z W Z G I w h m W z I = F = I g o m'oe 117 o z v 3 _ I z o Q f ITT 05 z 0 I U7 0 I Q I /w � I w LU U "' LLJ w N M I � o 0 O O -_ I Q J J O O Q I F a � o. j W ° o� 3� I oW Q:� Q zx � Cpu OW W Z C�� O �uo J O �{ v W Q Ouo z O 3" Opu ze Z Q 0 O J J D m Luc OZ I V C7 W ? 3° I Zm \ z a Y i n EXHIBIT B Depiction of LSL Area (See the attached) IM I f rn W O � IS I o o z c — o rn � p z z i � � � v v s ti LL-Lil cm I I mz p p O � � Z I I I I m m0 pAOA I I C Z r A p pn S r 0 � n O� m m� n n A SC.J m m0 p n2o I On t Za N N G G� / 200 tiz / D o3N11 A183d08d l3 m m O 6 m o p p O �- r i i O r p p � C CJ z z i N r r � � N m r � i � fll 70 f / D D I D I n n I � �' r � rn I I I i I IS I o o z c — o rn � p z z i EXHIBIT C Depiction of VA Area (See the attached) C -1 Q { I W a N p > m m n — m I I I I D C n 0 C 0 I tg= o a ol 4 'y I a n z I - m - � m I V � Q z i � � v i 0 I m I z of n z n mp °n� xm� �m on m on p0 D D Df no rn > as p pd01 I Fop >� 0 _ _ O O - O Q { I W a N p > m m n — m I I I I D C n 0 C 0 I tg= o a ol 4 'y I a n z I - m - � m I V � Q z i EXHIBIT D Approved Landscaping — Landscaping Plan (See the attached) D -1 40 � � � ;tea - tttt 7 CL I II J I. 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