HomeMy WebLinkAboutC17-330 I/Hay LLCFIRST AMENDMENT TO RANCH SUBLEASE BETWEEN EAGLE COUNTY, COLORADO AND I/H HAY, LLC THIS FIRST AMENDMENT ("First Amendment") is effective as of the 09/26/2017 by and between Eagle County, Colorado, a body corporate and politic, hereinafter "County" or "Landlord") and IIH Hay, LLC a Colorado limited liability company, hereinafter "Tenant" or "Manager". County and Tenant shall together be referred to as the "Parties". P.Werl cl WHEREAS, Landlord and Tenant entered into a Ranch Sublease dated July 3I, 2017(hereinafter "Original Agreement"); and WHEREAS, the Parries have identified several revisions to be incorporated into the Original Agreement; and WHEREAS, Landlord and Tenant desire by this First Amendment to set forth revisions to the Original Agreement. �jl:.r1d► -15[aZ a NOW THEREFORE, in consideration of the foregoing and the mutual rights and obligations as set forth below, the parries agree as follows: I. Paragraph I Lo. of the Original Agreement and Paragraph 17 of Exhibit D to the Original Agreement, the Annual Operating Plan, are each deleted and replaced with the following: "Hunting. Hunting or "pass-through" hunting may only be allowed on the Property in accordance with a management plan to be adopted by County." 2. Paragraph I I.q. of the Original Agreement is hereby amended by the addition of the following sentence: "Notwithstanding anything herein to the contrary, Tenant may use the equipment identified on Exhibit G off of the Property with prior approval of County, such approval not to be unreasonably withheld." 3. Capitalized terms in this First Amendment will have the same meaning as in the Original Agreement. To the extent that the terms and provisions of the First Amendment conflict with, modify or supplement portions of the Original Agreement, the terms and provisions contained in this First Amendment shall govern and control the rights and obligations of the parries. C17-330 4. Except as expressly altered, modified and changed in this First Amendment, all terms and provisions of the Original Agreement shall remain in full force and effect, and are hereby ratified and confirmed in all respects as of the date hereof. S. This First Amendment shall be binding on the parties hereto, their heirs, executors, successors, and assigns. IN WITNESS WHEREOF, the parties hereto have executed this First Amendment to the Original Agreement the day and year first above written. Landlord: Eagle County, Colorado By and through its Interim County Manager By: Lt� � Bryan Treu, Interim County Manager Tenant: IIH Hay, LL By: Bow r' e Maurello, as Managing Member of IIH Hay, LLC