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HomeMy WebLinkAboutDIA DischargeEXTRAORDINARY RESORTS • EXCEPTIONAL EXPERIENCES COPY October 22, 2008 Town of Vail 75 South Frontage Road Vail, CO 81657 Attn: Town Manager Re: Agreement dated July 18, 2006, between the Town of ~a Vai (the `'Town"), and The Vail Corporation d/b/a Vail Associates, Inc. ("Vail Associates"), as amended (the "Development Agreement") Gentlemen: This correspondence is to memorialize and confirm that Vail Associates has satisfied and discharged all obligations, conditions and requirements arising in connection with the provisions of the Development Agreement pertaining to "Wildflower Alley" that are set forth in paragraph 2(c) of the Development Agreement, and that no further action by or on behalf of Vail Associates is or will be necessary or required in connection with those provisions. Reconstruction of Wildflower Alley will not be required to provide for hand cart delivery access. Please join in and provide such confirmation by the proper execution of this letter on behalf of the Town as set forth below. This letter may be executed in counterparts, each of which shall constitute an original, and which together shall constitute one and the same agreement. Either party may provide confirmation of its execution and legal delivery of this letter by facsimile or email transmission of a copy of its signed counterpart. Very truly yours, The Vail Corporation, d/b/a Vail Associates, Inc. By Na Tit [Confirmation by Town of Vail follows on next page] Vail Resorts Development Company • 970 7.5-1 2535 • vrdc.com Post- Office Box 959, 157 Benchmark Road • Avon, Colorado 81620 0 ACCEPTED AND CONFIRMED: TOWN OF VAIL, a municipal corporation duly organized and existing by virtue of the laws of the State of Colorado By: l t 7~1~ v Name: Title: Page 2 861994.1 RCF[SH