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HomeMy WebLinkAboutECHDA19-001 Centurytel Televideo IncPURCHASEANDSALEAGREEMENTTHISPURCHASEAND SALEAGREEMENT(this“Agreement”)ismadeandenteredintoasofthedatethisAgreementissignedbyallparties(“EffectiveDate”)byandbetweenCENTURYTELTELEVIDEO,INC.,aWisconsincorporationd/b/aCenturyLink(“CenturyLink”),andEAGLECOUNTYHOUSINGANDDEVELOPMENTAUTHORITY,abodycorporateandpolitic(“Buyer”).CenturyLinkandBuyeraresometimesreferredtotogetherasthe“Parties”andindividuallyasa“Party.”forgoodandvaluableconsideration,thereceiptandsufficiencyofwhichareacknowledgedbytheParties,CenturyLinkandBuyeragreeasfollows:1.Property.1.1Property.CenturyLinkistheownerof:(a)aparcelofrealpropertyhavingastreetaddressof766CastleDrive,Eagle, ColoradowhichislegallydescribedonExhibitAattachedtothisAgreement(the“Land”);(b)theapproximately1,472squarefootresidentialstructure(the“Building”)locatedontheLand;(c)allotherimprovements,ifany,locatedontheLand(collectively,the“Improvements”);and(d)allotherCenturyLink-ownedrights,privilegesandappurtenancesrelatedto,andCenturyLink’stangiblepersonalpropertylocatedon,theLandandImprovementsoranyportionofthesame((a),(b),(c)and(d)collectively,the“Property”).Notwithstandingtheforegoing,thePropertydoesnotincludetheExcludedProperty(asdefinedinSection1.2).ThePropertyalsodoesnotinclude,andCenturyLinkwillnottransfertoBuyer,anyEasementFacilities(asdefinedinSection24).1.2ExcludedProperty.BuyeracknowledgesthatsomebutnotallCenturyLink-ownedorcontrolledoffice equipment,servers,licensedsoftwareforsecuritysystems,furnitureandotherpersonalproperty(collectively,the“ExcludedProperty”)currentlylocatedonthePropertywillnotbeconveyedtoBuyer.Thepersonalpropertythat constitutesExcludedPropertywillbedeterminedbyCenturyLinkinitssoleandabsolutediscretion.PriortoClosing,CenturyLinkwillremoveallExcludedProperty.CenturyLinkwillrepairanydamageto theProperty(includinganydamagetotheinterioroftheBuilding)resultingfromremovalofanyExcludedProperty.Inaddition,(i)CenturyLinkwillusereasonablecaretominimizedamagetotheBuilding,(ii)CenturyLinkwillrepairanystructuraldamageto theBuildingresultingfromremovaloftheExcludedPropertybyCenturyLink,and(iii)CenturyLinkwillmakeallrepairsto themechanical,electrical,plumbing,life-safety,andother Buildingsystemsandequipmentnecessaryforthefunctionandoperationofsuchsystemsandequipment, butonlytotheextentofdamagetosuchsystemsandequipmentresultingfromCenturyLink’sremovaloftheExcludedProperty.Notwithstandingtheforegoing,in noeventwillCenturyLinkberequiredtolabelorremovecablingandwiring locatedintheBuildingortoperformfirestoppingresultingfromtheremovalofanycableorwiring.NothinginthisSection1.2requiresCenturyLinktorepairorimprovetheBuildingtoaconditionbetterthanexistingasoftheEffectiveDate,ordinarywearandtearexcepted.CenturyLink’spersonalpropertylocatedonthePropertyasoftheClosingDatewillbeconveyedtoBuyerusingtheformofquitclaimbillofsaleattachedtothisAgreementasExhibitB(the“BillofSale”).Rev.08/2014ECHDA19-001 2.PurchasePrice.Thepurchaseprice(the“PurchasePrice”)forthePropertywillbeTwoHundredForty-FiveThousandandNo/iOOthsDollars($245,000.00).Withinthree(3)businessdaysfollowingthemutualexecutionofthisAgreement,BuyerwilldepositwithFirstAmericanTitleInsuranceCompany,112517thStreet,Suite500,Denver,CO80202,303-876-1112,Attention:NathanRogers[natrogers@firstam.com](the“TitleCompany”),thesumofThirtyThousandandNo/lOOthDollars($30,000.00)asanearnestmoneydeposit(the“Deposit”).TheremainderofthePurchasePrice(lesstheDeposit)asadjustedforexpenses,prorationsandcreditsasotherwisespecificallyprovidedinthisAgreement,willbepayableattheClosinginimmediatelyavailablefunds.CenturyLinkunderstandsthatthisAgreementmustbeapprovedandratifiedbytheBoardoftheEagleCountyHousingandDevelopmentAuthority(the“Board”)ataregularlyscheduledpublicmeeting.UponexecutionofthisAgreementbyCenturyLink,Buyershallschedulesaidpublicmeetingwithintwenty(20)businessdaysandthisAgreementwillbeexecutedbyBuyerupontheBoard’sapprovalofthisAgreement.3.Investigation.3.1InvestigationPeriod.Buyerwillhaveaperiodoftime(the“InvestigationPeriod”)toinvestigateandevaluatethePropertytodetermineitssuitabilityforBuyer’spurposes.TheInvestigationPeriodwillstartontheEffectiveDateandendonthesixtieth(6Oth)dayafiertheEffectiveDate.Buyermay,initssubjectivesolediscretion,foranyreason,terminatethisAgreementbywrittennoticegiventoCenturyLinkonorbeforethelastdayoftheInvestigationPeriod.AnyterminationunderthisSection3.1willhavetheeffectprovidedinSection3.9.IfBuyerdoesnotterminatethisAgreementbywrittennoticegiventoCenturyLinkonorbeforethelastdayoftheInvestigationPeriod(i)thisAgreementwillcontinueinfullforceandeffect(ii)BuyerwillhavenofurtherrighttoterminatethisAgreementunderthisSection3.1,and(iii)theDepositwillbecomenon-refundableexceptasprovidedinSections4.li±Zand7.1.1.3.2AccesstoProperty.DuringtheInvestigationPeriod,subjecttotheprovisionsofthisSection3.2,CenturyLinkwillpermitBuyeranditsemployees,agentsandcontractors(Buyer,itsemployees,agentsandcontractorscollectively,the“AuthorizedParties”)toenterthePropertyforthesolepurposeofmakingphysicalinspections,tests,appraisals,surveysandstudiesofthePropertyasBuyermaydeemnecessaryorappropriate,includingwithrespecttotheenvironmental,structuralandgeoteclmicalconditionofthePropertyandforpurposesoftheengineeringanddesignoffutureimprovements,allatBuyer’ssolecostandexpense(collectively,the“PermittedActivities”).AnyentryontothePropertybytheAuthorizedPartieswillbesubjecttoprearrangementwithLarryWolfe,managingbroker,BerkshireHathaway-Edwards,Telephone:970-390-2525.TheAuthorizedPartiesmaynotconductanyinvasivetestsorinvestigations,orinvestigationsorsamplingthatmaydamagethePropertyoranyportionthereof,withoutCenturyLink’spriorwrittenconsent,whichconsentmaynotunreasonablybewithheldbutmaybereasonablyconditionedsoastoprotectthePropertyandCenturyLink’soperationsontheProperty.Buyerwillhavetherighttomakeinquirieswithmunicipal,localandothergovernmentalrepresentativesregardingtheProperty,subjecttotheprovisionsofthisAgreement.BuyeracknowledgesandagreesthatCenturyLinkwillnotbeliablefortheinaccuracyofanyinformationreceivedbyBuyerfromthirdparties(includingBrokerasdefinedinSection2)andsuchinformationwillnotbedeemedtobearepresentationorwarrantyofanykindmadebyCenturyLinktoBuyer.2Rev.08/2014 3.3Insurance.Buyerwill,foritselfandforallAuthorizedParties,obtainandmaintainthroughouttheentireInvestigationPeriod,insurancecoveragewithfinanciallyreputableinsurersthatarelicensedtodobusinessintheStateofColoradointhefollowingtypesandamountsofcoverage:(1)workers’compensationasprovidedforunderanyworkers’compensationlaworsimilarlaw;(ii)comprehensivecommercialgeneralliability,withalimitofnotlessthan$1,000,000combinedsinglelimitperoccurrenceforbodilyinjury,propertydamageandpersonalinjuryliabilityand$2,000,000generalaggregate,namingCenturyLinkasadditionalinsured;and(iii)businessvehicleinsurancecoveringtheownership,maintenanceoruseofanyowned,non-ownedorhiredvehiclewithalimitofnotlessthan$1,000,000combinedsinglelimitperaccidentforbodilyinjury,propertydamageandpersonalinjuryliability.ThisinsurancewillprovidecoveragefortheactivitiesofallAuthorizedPartiesandanythirdpartythatBuyerpermitsorcausestoentertheProperty.ThisinsurancewillincludeendorsementsorotherprovisionsstatingthatBuyer’sinsuranceistheprimaryinsurance.PriortoentryupontheProperty,BuyerwillfurnishCenturyLinkwithacopyofacertificateofinsuranceevidencingtheinsurancerequiredunderthisSection3.3,certifyingthatitisinfullforceandeffect,providingfor30dayspriornoticetoCenturyLinkofanycancellationormodificationoftheinsuranceandnamingCenturyLinkasanadditionalinsured.3.4Survey.CenturyLinkwill,atCenturyLink’ssolecostandexpense,withinthreebusinessdaysfollowingtheEffectiveDate,delivertoBuyertheALTAsurveyofthePropertypreparedbyPeakLandConsultants,Inc.(“Surveyor”)datedNovember7,2017,asrevisedonFebruary9,2018,preparedinaccordancewiththecurrentMinimumStandardsDetailRequirementsforALTA/NSPSLandTitleSurveys(effectiveasofFebruary23,2016)andincludesthefollowingitemsfromTableA:1,2,3,4,6(a),7(a),7(b)(1),9,11,13and19((the“Survey”).CenturyLinkmakesnorepresentationorwarrantyregardingtheaccuratenessorcompletenessoftheSurvey.AnychangesorrevisionstotheSurvey(includingTableAitems)orthesurveyor’scertificationontheSurveyrequiredbyBuyeroritslenderwillbeatBuyer’ssolecostandexpense.3.5PhaseIEnvironmentalSiteAssessment.If,aspartofthePermittedActivities,BuyerconductsaPhaseIor,withCenturyLink’sconsent,aPhaseIIEnvironmentalSiteAssessmentoftheProperty,oranyotherenvironmentalassessmentoftheProperty(forexample,withCenturyLink’sconsent,anasbestossurvey)(anyoftheforegoingconstitutingan“EnvironmentalReport”),andBuyerterminatesthisAgreementpursuanttoSections3.14or7.1.1,BuyerwillincludeinitsnoticeofterminationtoCenturyLinkcompletecopiesofanysuchEnvironmentalReportandawrittenconsentsignedbyBuyerpermittingCenturyLinktodisclosesuchreportorassessmenttoanysubsequentprospectivepurchaseroftheProperty.3.6Disclaimer.CenturyLinkmakesnorepresentationorwarrantyregarding,anddoesnotassumeliabilityorresponsibilityfor,thetruth,accuracyorcompletenessofanyreports,materials,testsorinformationpreparedbythirdparties,including,butnotlimitedto,anySurveyandanyEnvironmentalReport,regardlessofwhethersuchreports,materials,testsorinformationaredeliveredtoBuyerbyCenturyLink.Buyerwillberesponsibleforobtaining,atBuyer’ssolecostandexpense,anySurveyorEnvironmentalReportrequiredbyBuyeroritslender.3Rev.08/2014 3.7CompliancewithLawNoLiens.InconductingthePermittedActivities,BuyerwillandwillcauseanyotherAuthorizedPartiesto:(i)fuliycomplywithalllawsapplicabletothePermittedActivitiesandallotheractivitiesundertakeninconnectionwiththePermittedActivities;(ii)takereasonableactionsandimplementreasonableprotectionsnecessarytoensurethatthePermittedActivitiesandtheequipment,materials,andsubstancesgenerated,usedorbroughtontothePropertyinconnectionwiththePermittedActivitiesposenounreasonablethreattothesafetyorhealthofpersonsortheenvironment,andcausenodamagetothePropertyorotherpropertyofCenturyLinkorotherpersons;and(iii)notpermitthePermittedActivitiesoranyotheractivitiesundertakenbyBuyeroronBuyer’sbehalftoresultinanyliens,judgmentsorotherencumbrancesbeingfiledorrecordedagainsttheProperty.Buyerwill,atitssolecostandexpense,immediatelydischargeanysuchliens,judgmentsorencumbrancesthataresofiledorrecordedwithinten(10)businessdaysfollowingBuyer’sreceiptofnoticeofsuchlien,judgmentorotherencumbrance.Buyer’sobligationtoimmediatelydischargeanysuchliens,judgmentsorencumbranceswillsurvivetheterminationofthisAgreement.3.8Buyer’sUndertaking.BuyerwillpromptlyrepairanydamagetothePropertycausedbyBuyer’sentrythereonanditsinspectionactivitiestotheconditionexistingpriortoBuyer’sentryorcommencementofitsinspections.Totheextentpermittedbylaw,BuyerwillindemnifyandholdCenturyLinkanditsAffiliates(asdefinedinthisSection3.8)harmlessfromandagainstanyandallclaims(includingclaimsbythirdpartiesforpersonalinjuriesandotherdamages),judgments,damages,penalties,fines,costs,losses,liabilities,expenses,andobligations(includingattorneys’fees,expertwitnessfeesandparalegalcosts)(collectively,“Claims”)totheextentcausedby(1)Buyer’sinvestigationsandinspectionsoftheProperty,(ii)theentryontothePropertyandactivitiesonthePropertyofanyAuthorizedParty,or(iii)Buyer’sbreachoftheprovisionsofSection3ofthisAgreement.“Affiliate”meansanyentitythatcontrols,iscontrolledby,orisundercommoncontrolwithCenturyLink,togetherwithitsrespectivepartners,venturers,directors,officers,stockholders,agentsandemployees.BuyeracknowledgesandagreesthatCenturyLinkdoesnotassumeanyrisk,liability,orresponsibilityordutyofcareastoanyAuthorizedParty,includingAuthorizedPartieswhileonthePropertytoconductthephysicalinspections,andallrisk,liability,andresponsibilityforanyAuthorizedPartywillliewithBuyer.BuyeracknowledgesandagreesthatBuyerandallotherAuthorized’PartiesenterthePropertyandconducttheirinvestigationsonthePropertyattheirownrisk.ThetermsofthisSection3.8willsurvivetheClosingandrecordingoftheDeed(asdefinedinSection4.1)ortheterminationoftheAgreement.Buyer’sobligationsunderthisSection3.8willsurvivetheterminationofthisAgreement.3.9EffectofTermination.IfBuyerterminatesthisAgreementinaccordancewiththetermsofSections3.1,4.3,5.1,5.2or7.1.1:3.9.1TheDepositbeingheldbytheTitleCompanywillbereturnedtoBuyer.3.9.2BothPartieswillberelievedofallfurtherobligationshereunder,excepttheobligationsofBuyerunderthisAgreementthatexpresslysurvivetheterminationoftheAgreement,allofwhichwillcontinueinfullforceandeffect.4Rev.08/2014 3.9.3AttherequestofeitherParty,thePartieswillexecuteanddelivertooneanothergeneralreleaseswithrespecttoallmatters,exceptthatCenturyLink’sreleaseofBuyerwillreservetheobligationsofBuyerunderthisAgreementthatexpresslysurvivetheterminationofthisAgreement.3.9.4BuyerwillprovideCenturyLinkwithcopiesofandassignBuyer’srightsinanySurvey,EnvironmentalReports,andotherreportsordocumentationcommissionedbyBuyerregardingtheProperty.CenturyLinkwillbepermittedtodisclosetheSurveyandanyenvironmentalreportsandotherreportsanddocumentscommissionedbyBuyeranddeliveredtoCenturyLinkpursuanttothisSection3.9.4toanyfutureprospectivebuyeroftheProperty.TheprovisionsofthisSection3.9.4willsurvivetheterminationofthisAgreement.4.Title.4.1TitleConveyed.TitlewillbeconveyedtoBuyerbybargainandsaledeedintheformofExhibitCattachedtothisAgreement(the“Deed”),subjecttothePermittedExceptionsandthosemattersshownonanySurvey.4.2PreliminaryCommitment;RecordDocuments.CenturyLinkwillcausetheTitleCompanytofurnishtoBuyeracurrenttitlecommitmentforowner’sextendedcoveragetitleinsuranceregardingtheProperty(the“Commitment”),togetherwithcopiesofallexceptionsofrecordreferencedintheCommitment,withinfive(5)businessdaysoftheEffectiveDate.TheCommitmentwillcommittodeletinganystandardexceptionsthatcanbedeletedeitherbytheSurveyand/orCenturyLink’sdeliveryofasignedandnotarizedowner’saffidavittotheTitleCompanyrelatingto:(a)partiesinpossession;(b)unrecordedmechanics’liens;(c)nochangestothephysicalconditionofthePropertysincecompletionoftheSurvey;(d)gapperiod;and(e)unpaidtaxes,assessmentsandunredeemedtaxsalespriortotheyearofClosing.BuyerhastherighttoinspectthePropertytoinvestigatewhetheranythirdpartyhasanyrightinthePropertynotshownbypublicrecords(e.g.,unrecordedeasement,boundarylinediscrepancyorwaterrights).4.3Buyer’sObjections.4.3.1Onorbeforethedatewhichisthetenth(10th)businessdayaftertheEffectiveDate(the“ObjectedExceptionsDeadline”),BuyermaydelivertoCenturyLinkBuyer’swrittennoticeidentifyinganymatters,conditionsandexceptionsreflectedintheCommitmentandtheSurvey,whicharenotacceptabletoBuyer(the“ObjectedExceptions”).4.3.2IfanyupdateoftheCommitmentshowsanyneworadditionalexceptionnotpreviouslyreflectedintheCommitmentoranyupdatethereof,Buyermay,onorbeforethedateforBuyer’sobjectionnoticesetforthinSection4.3.1,or,iflater,thedaythatisthefifth(5th)businessdayafterBuyer’sreceiptofanyupdateoftheCommitmentfirstdisclosingsuchneworadditionalexception(butnotinanyeventlaterthantheClosing),delivertoCenturyLinkBuyer’snoticeobjectingtosuchneworadditionalexception.4.3.3Allmatters,conditionsandexceptionsreflectedintheCommitmentandtheSurveywhicharenotObjectedExceptionswillbedeemedpermittedexceptions(the5Rev.08/2014 “PermittedExceptions”)includingallexceptionsforwhichBuyerdoesnotdeliveratimelynoticedesignatingsuchmatters,conditionsandexceptionsasObjectedExceptions.PermittedExceptionsalsowillincludetheEasement(asdefinedin$ection6.3).4.3.4ResolutionofTitleObjections.CenturyLinkhasnoobligationtocureorremoveanyObjectedExceptions.IfBuyergivestimelynoticeofanyObjectedExceptions,BuyerandCenturyLinkwillhaveaperiodoffive(5)businessdaysfromtheObjectedExceptionsDeadline(“TitleResolutionPeriod”)tonegotiateingoodfaithtoreachanagreementfortheresolutionofsuchObjectedExceptionsandtheClosingwillbepostponed,ifnecessary,toallowsuchTitleResolutionPeriodtoexpire.Theforegoingnotwithstanding,CenturyLinkwillhavenoobligationtoexpendanyfundsinconnectionwithanyresolutionofanObjectedException.Ifsuchanagreement(eacha“ResolutionAgreement”)isenteredinto,suchResolutionAgreementwillbecomeasupplementtothisAgreementandBuyerandCenturyLinkwillbeboundtoperformtheirrespectiveobligationsthereundertothesameextentasifsuchobligationsweresetforthinthisAgreement.IfBuyerandCenturyLinkdonotenterintoaResolutionAgreementastoeachObjectedExceptionwithintheTitleResolutionPeriod,Buyermay,initssubjectivesolediscretion,terminatethisAgreementbywrittennoticegiventoCenturyLinkwithinfive(5)businessdaysaftertheexpirationoftheTitleResolutionPeriod.IfBuyerdoesnotgiveitsnoticeofterminationwithinfive(5)businessdaysaftertheexpirationoftheTitleResolutionPeriod,BuyerwillbedeemedtohaveacceptedanysuchObjectedExceptionwhichisnotmadethesubjectofaResolutionAgreementwithintheTitleResolutionPeriodasanadditionalPermittedException.AnyterminationunderthisSection4.3.4willhavetheeffectprovidedinSection3.9.4.4Policy.ImmediatelyfollowingtheClosing,CenturyLinkwillcausetheTitleCompanytoissuetoBuyeranowner’sextendedcoveragepolicyoftitleinsurance(the“Policy”)intheamountofthePurchasePrice,atCenturyLink’sexpense,insuringfeesimpletitletothePropertyinBuyer,subjecttoPermittedExceptions,andwillpaythepremiumtherefor.AllcostsforanyendorsementsrequiredbyBuyer.inthesolediscretionofBuyeroritslender,willbepayablebyBuyer,exceptforthecostofanyendorsementsrequiredtocorrectObjectedExceptionsthatCenturyLinkhasagreedinwritingtopayinanyResolutionAgreement.4.5NoAdditionalExceptions.fromandafterthedateofthisAgreement,unlessanduntilthisAgreementhasbeenterminatedwithouttheClosingoccurring,CenturyLinkwillnot,withoutthewrittenconsentofBuyer,whichBuyerwillnotunreasonablywithholdordelay,encumber,lease,option,orotherwisecloudtitletotheProperty,excepttotheextentofanyencumbrance,lease,optionorothermatterwhichwillexpireorbesatisfiedatorpriortoClosing.5.Casualty;Condemnation.5.1Casualty.CenturyLinkwillgiveBuyerpromptwrittennoticeofanycasualtyresultingindamagetotheProperty,describingsuchdamageandstatingwhethersuchdamageiscoveredbyinsuranceandtheestimatedcostofrepairingsuchdamage.6Rev.O$/2014 5.1.1MaterialDamage.IntheeventthatanyMaterialPortionoftheProperty(asdefinedinthisSection5.1.1)isdamagedbyfireorothercasualtypriortoClosingandsuchdamagehasnotbeensubstantiallyrepairedbytheClosing,Buyermay,atitsoption,terminatethisAgreementwiththeeffectprovidedinSection3.9.ShouldBuyerelecttoClosethepurchaseofthePropertydespitesuchunrepaireddamage,BuyerwillreceivefromCenturyLinkatClosinganassignmentofallofCentuiyLink’sinterestinandtoallinsuranceproceedswhichmaybepayabletoCenturyLinkonaccountofanysuchcasualtylessallout-of-pocketcostsincurredbyCenturyLinkpriortoClosinginrepairingsuchdamage,nottoexceedthetotalcosttorepairthedamage.AsusedinthisSection5.1.1andSection5.1.2,“MaterialPortionoftheProperty”meansanyportionofthePropertyforwhichthecostofrepairandrestorationexceedstenpercent(10%)ofthePurchasePrice.5.1.2Non-MaterialDamage.IntheeventanyportionofthePropertywhichisnotaMaterialPortionisdamagedbyfireorothercasualtypriortoClosing,unlesssuchdamagehasbeensubstantiallyrepairedbyCenturyLinkbeforetheClosing,BuyerwillreceivefromCenturyLinkatClosinganassignmentofallofCenturyLink’sinterestinandtoallinsuranceproceedswhichmaybepayabletoCenturyLinkonaccountofanysuchcasualtylessallout-of-pocketcostsincurredbyCenturyLinkpriortoClosinginrepairingsuchdamage,nottoexceedthetotalcosttorepairthedamage.5.2Condemnation.Intheeventalloftherealpropertyoranyportionthereofwhichwouldormightreasonably,inBuyer’sreasonablejudgment,adverselyaffectthevalueofthePropertyfortheusecontemplatedbyBuyer,willbesubjecttoaneminentdomain,condemnation,compulsoryacquisition,orsimilarproceedingbyanycompetentauthorityforanypublicorquasi-publicuseorpurpose(a“Taking”)orthreatenedTakingpriortoClosing,BuyermayterminatethisAgreementbynoticegiventoCenturyLinkwithinthirty(30)daysafterBuyerisfirstgivenwrittennoticeoftheTakingor,ifearlier,theClosing.AnysuchterminationwillhavetheeffectprovidedinSection3.9.IntheeventthatBuyerdoesnotterminatethisAgreementwithinthetimeperiodprovidedabove,Buyer’srighttoterminatethisAgreementonaccountofsuchTakingorthreatenedTakingwillexpireandBuyerwillhavenofurtherrighttoterminatethisAgreementunderthisSection5.2onaccountofsuchTakingorthreatenedTaking.CenturyLinkwillretainanyawardwithrespecttoanyTakingofthePropertyunlesstheClosingoccurshereunderdespitesuchTaking,inwhicheventallproceedsoftheTaking(lessallout-of-pocketcostsincurredbyCenturyLinkinrepairinganydamagecausedbysuchTakingandlessallout-of-pocketcostsincurredindefendingtheTakingactionorcontestingornegotiatingtheamountoftheTakingaward)willbeassignedtoBuyerandanyproceedsoftheTakingpreviouslyreceivedbyCenturyLink(lesssuchamounts)willbecreditedagainstthePurchasePrice,nottoexceedthePurchasePrice.DuringthependencyofthisAgreement,CenturyLinkwillnotsettlewiththecondemningauthorityanyTakingwhichwillsurvivetheClosingwithoutthepriorconsentofBuyer,nottobeunreasonablywithheld.6.Closing.TheclosingofthesaleofthePropertyfromCenturyLinktoBuyerhereunder(the“Closing”)willoccuronthedate(the“ClosingDate”)whichisthetwentieth(20t1)dayafterthelastdayoftheInvestigationPeriod,unlessthePartiesmutuallyagreeinwritingtoadvancetheClosingDatetoanearlierdate.TheClosingwillbeconductedthroughanescrowwiththeTitleCompany,providedthatalloftherequirementscontainedinthisSection6aresatisfied.AttheClosing,thefollowingwilloccur:7Rev.08/2014 6.1CenturyLinkwillconveythePropertytoBuyerbytheDeed.6.2CenturyLinkwillconveyanypersonalpropertyofCenturyLinkremainingonthePropertyatClosingbytheBillofSale.6.3BuyerwillexecuteanddelivertotheTitleCompanyaneasementintheformattachedasExhibitDtothisAgreement(the“Easement”)forrecordingimmediatelyfollowingtherecordingoftheDeedandpriortorecordinganydeedoftrust,mortgageorotherlientosecurefinancing.6.4BuyerwillpaytheremainderofthePurchasePriceasadjusted,asprovidedforinthisAgreement,andallotheramountspayablebyBuyerpursuanttothisAgreement.6.5IfrequiredbytheTitleCompanyinordertoissuetoBuyeraPolicy,CenturyLinkwillprovideTitleCompanywithastandardseller’saffidavitinacommerciallyreasonableformrelatingtopartiesinpossession,judgments,taxliens,andmechanic’sliens.TherewillbenoexpensetoCenturyLinkforprovidingsuchaffidavit.6.6BuyerwillreceivetheunconditionalwrittenundertakingoftheTitleCompanytoissuethePolicy.6.7CenturyLinkhasadvisedBuyerthatthePropertyiscurrentlycentrallyassessedatthestatelevelasapartofallpropertyownedbyCenturyLinkinColorado(ratherthanbeingassessedonanindividualbasisbyEagleCounty).ThetotalassessmentforallCenturyLinkpropertyinthestateofColoradoforcalendaryear201$isreferredtoasthe“2018CentralAssessment.”CenturyLinkhasadvisedBuyerthatthePropertywillremaincentrallyassessedforcalendaryear201$,notwithstandingtheconveyanceofthePropertytoBuyerascontemplatedinthisAgreement,andthatthePropertywillbeassessedattheEagleCountylevelonanindividualbasispursuanttotheEagleCountyassessmentproceduresfollowingtheClosing.AtClosing,theportionofthe201$CentralAssessmentallocabletotheProperty,asdeterminedbyCenturyLinkinitsreasonablediscretion,willbeproratedbetweenCenturyLinkandBuyer,withCenturyLinkreceivingfromBuyer,inadditiontothePurchasePrice,anamountequaltotheportionofthe201$CentralAssessmentallocablethePropertyfortheportionofcalendaryear2018accruingfromandaftertheClosingDate.AfterClosing,CenturyLinkwillpayallCentralAssessmentsforthe201$calendaryearandearlier,asandwhentheybecomedue,andCenturyLinkwillindemnify,defendandholdBuyerharmlessfromandagainstanyClaimssufferedbyBuyerresultingfromCenturyLink’sfailuretotimelypaythe201$CentralAssessmentorearliercentralassessments.CenturyLink’sobligationsintheimmediatelyprecedingsentencewillsurvivetheClosing.AnyotherexpensesassociatedwiththePropertywillbepro-ratedtooradjustedasoftheClosingDatebasedupontheactualnumberofdaysinvolvedintherelevantcomputationperiodforsuchitemsinwhichtheClosingDateoccurs,andtheClosingDatewillbeBuyer’sdayforthepurposeofsuchcalculations.Suchprorationswillconstituteafinalsettlement.IntheeventtheClosingdoesnotoccuruntilcalendaryear2019,theprovisionsofthisSection6.7willapplytotaxescentrallyassessedforthecalendaryear2019inthesamemannerastheywouldhaveappliedtotaxescentrallyassessedforthecalendaryear2018,iftheClosinghadoccurredin201$.8Rev.O$/2014 6.2Stateandlocaltransfertaxes,excisetaxes,deedtaxesorstampsandrecordingchargesfortheDeedwillbepaidbyBuyer.RecordingchargesfortheEasementwillbepaidbyCenturyLink.FeesoftheTitleCompanytoconducttheClosinganddisbursethePurchasePriceandallotherusualandcustomaryclosingcostswillbepaidbytheBuyer.EachPartywillpaythecostofitsownattorneysandconsultants.6.9UnlessCenturyLinkandBuyerotherwiseagree,(1)nocontractsfortheprovisionofutilityservicestotheProperty(the“UtilityContracts”)andnodepositswithpartiestotheUtilityContractswillbeassignedtoBuyerattheClosing,(ii)CenturyLinkwillretainownershipofalldepositsmadeunderUtilityContracts,(iii)BuyerwillberesponsibleforarrangingallutilitiesservicestothePropertyfromandaftertheClosing,willberesponsibleforpaymentofallamountsdueforutilitiesprovidedtothePropertyfromandaftertheClosingand,totheextentpermittedbylaw,willindemnify,defendandholdharmlessCenturyLinkagainstallClaimswithrespecttoutilitiesservicesarrangedbyoronbehalfofBuyerforthePropertyfromandaftertheClosing,and(iv)CenturyLinkwillberesponsibleforallobligationsforutilitiesprovidedtothePropertypriortotheClosing.ThePartieswillcooperatewithoneanotherindealingwithprovidersofutilitiestothePropertytoarrangeforthetransferofutilitiesservicestoBuyerasoftheClosing,forthereadingofmeters,andforsimilararrangementswithrespecttoutilitiesservices.TheParties’obligationsunderthisSection6.9willsurvivetheClosingandrecordingoftheDeed.6.10UnlessCenturyLinkandBuyerotherwiseagree,(i)nocontractsCenturyLinkhaswithprovidersofservicestotheProperty(the“ServiceContracts”)willbetransferredtoBuyerattheClosing,(ii)CenturyLinkwillberesponsibleforterminatingallServiceContractsastheyrelatetothePropertyandforallobligationsundertheServiceContractsnotassignedtoBuyerattheClosing,and(iii)CenturyLinkwillindemnify,defendandholdharmlessBuyeragainstallClaimsmadeagainstBuyerwithrespecttoanyServiceContractsthatarenotassignedtoBuyerattheClosing.IfanyServiceContractsareassignedtoBuyeratClosing,Buyerwill,totheextentpermittedbylaw,indemnify,defendandholdharmlessCenturyLinkagainstallClaimsmadeagainstCenturyLinkwithrespecttosuchServiceContractsrelatingtoaperiodfromandaftertheClosingandCenturyLinkwillindemnify,defendandholdharmlessBuyeragainstallClaimsmadeagainstBuyerwithrespecttosuchServiceContractsrelatingtoaperiodpriortotheClosing.TheParties’obligationsunderthisSection6.10willsurvivetheClosingandrecordingoftheDeed.6.11ThePartieswilleachdoorcausetobedonesuchothermattersandthingsaswillbenecessarytoclosethetransactionprovidedforinthisAgreementinthemannerthattransactionsofthistypearethentypicallyclosedinEagleCounty,Colorado.6.12BUYERACKNOWLEDGESTHATBUYERWILLHAVENOCLAIMAGAINSTCENTURYLINKFORTHESTATUSORCONDITIONOFTHEPROPERTY.EXCEPTASSETFORTHTNSECTION25,NEITHERCENTURYLINKNORANYONEONCENTURYLINK’SBEHALF,HASMADE,ANDCENTURYLINKDOESHEREBYSPECIFICALLYNEGATEANDDISCLAIM,ANYREPRESENTATIONS,WARRANTIES,PROMISES,COVENANTS,AGREEMENTSORGUARANTIESOFANYKINDORCHARACTERWHATSOEVER,WHETHEREXPRESSORIMPLIED,ORALORWRITTEN,PAST,PRESENTORFUTURE,OF,ASTO,CONCERNINGORWITHRESPECTTO:(A)9Rev.08/2014 THEVALUE,NATURE,QUALITY,PHYSICALORANYOTHERCONDITIONOFTHEPROPERTY;(b)THEINCOMETOBEDERIVEDFROMTHEPROPERTY;(c)THESUITABILITYOfTHEPROPERTYFORANYANDALLACTIVITIESANDUSESWHICHBUYERMAYORPLANSTOCONDUCTTHEREON;(d)THECOMPLIANCEOfORBYTHEPROPERTYORITSOPERATIONWITHANYLAWS,RULES,ORDINANCES,ORDERS,DECISIONSORREGULATIONSOfANYAPPLICABLEGOVERNMENTALAUTHORITYORBODY;(e)THEHABITABILITY,MERCHANTABILITY,MARKETABILITY,PROFITABILITYORFITNESSFORAPARTICULARPURPOSEOfTHEPROPERTY;(f)THEMANNERORQUALITYOfTHECONSTRUCTIONORMATERIALSINCORPORATEDINTOTHEPROPERTY;(g)THEMANNER,QUALITY,STATEOFREPAIRORLACKOFREPAIROFTHEPROPERTY;OR(h)ANYOTHERMATTERWITHRESPECTTOTHEPROPERTY.EXCEPTASSETFORTHINSECTION25,CENTURYLINKHASNOTMADE,DOESNOTMAKEANDSPECIFICALLYDISCLAIMSANYREPRESENTATIONSREGARDINGCOMPLIANCEWITHANYENVIRONMENTALLAWORPROTECTION,POLLUTIONORLANDUSE,ZONINGORDEVELOPMENTORREGIONALIMPACTLAWS,RULES,REGULATIONS,ORDERS,DECISIONSORREQUIREMENTS.CENTURYLINKHASNOTPERFORMEDANYINSPECTIONSOR,EXCEPTASSETFORTHINSECTION25,PROVIDEDANYINFORMATIONTOBUYER.FURTHER,CENTURYLINKWILLCONVEYTHEPROPERTYTOBUYERINITS“ASIS,”“WHEREIS”AND“WITHALLFAULTS”CONDITIONASOFTHECLOSINGANDWITHAWAIVEROfALLOBJECTIONSORCLAIMSAGAINSTCENTURYLINKARISINGFROMORRELATEDTOTHEPROPERTY.ANYINfORMATIONPROVIDEDORTOBEPROVIDEDWITHRESPECTTOTHEPROPERTYWASOBTAINEDFROMAVARIETYOfSOURCESANDCENTURYLINKHASNOTMADEANYINDEPENDENTINVESTIGATIONORVERIFICATIONOfTHEINFORMATIONANDMAKESNOREPRESENTATIONSORWARRANTIESASTOTHEACCURACYORCOMPLETENESSOFTHEINFORMATION.CENTURYLINKISNOTLIABLEORBOUNDINANYMANNERBYANYVERBALORWRITTENSTATEMENTS,REPRESENTATIONS,WARRANTIESORINFORMATIONPERTAININGTOTHEPROPERTYORTHEOPERATIONTHEREOF,FURNISHEDBYANYREALESTATEBROKER,AGENT,EMPLOYEE,SERVANTOROTHERPERSON.TOTHEMAXIMUMEXTENTPERMITTEDBYLAW,THESALEOFTHEPROPERTYBYCENTURYLINKISMADEONAN“ASIS”,“WHEREIS”AND“WITHALLFAULTS”CONDITIONANDBASIS,NOTWITHSTANDINGANYTHINGTOTHECONTRARY.TheprovisionsofthisSection6.12willsurvivetheClosing.7.Remedies.7.1CenturyLinkDefault.IfCenturyLinkdefaultsinanyofitsobligationshereunder,andsuchdefaultcontinuesuncuredfortwo(2)businessdaysafterwrittennoticeofsuchdefaultisgivenbyBuyer,Buyerwillelectoneofthefollowingremedies:7.1.1BuyerwillhavetherighttoterminatethisAgreementbywrittennoticetoCenturyLink,inwhichevent,solongasBuyerisnotthenindefaultofanyofitsobligationsunderthisAgreement:(i)theDepositwillbepaidtoBuyer;and(ii)allotherobligationsofthepartiesunderthisAgreementwillterminateexceptforthoseobligationsset10Rev.08/2014 forthinSection3,Section7,Section8,andSection10.whichexpresslysurvivetheterminationofthisAgreement.Buyerwillhavenorighttomonetarydamages;7.1.2BuyerwillhavetherighttowaivethebreachordefaultinwritingandproceedtoClosinginaccordancewiththeprovisionsofthisAgreementwithoutadjustmentofthePurchasePriceandwithoutliabilityofCenturyLinkforanysuchfailure;or7.1.3IfCenturyLinkfailsorrefusestoconveythePropertytoBuyeratClosing,Buyerwillhavetherighttopursuearemedyforspecificperformance,butnotmonetarydamages,againstCenturyLink.TheremedythatBuyerelectspursuanttothisSection7.1willbeBuyer’ssoleandexclusiveremedyforCenturyLink’sdefaultorfailuretoperformunderthisAgreement,andBuyerherebywaivesanyandallotherremediesforsuchdefaultorfailure.7.2BUYERDEFAULT.INTHEEVENTBUYERDEFAULTSONANYOFITSOBLIGATIONSHEREUNDERANDSUCHDEFAULTCONTINUESUNCUREDFORTWO(2)BUSINESSDAYSAFTERWRITTENNOTICEOFSUCHDEFAULTISGIVENBYCENTURYLINK,ORIFBUYERFAILSTOCLOSETHEPURCHASEOFTHEPROPERTYASANDWHENREQUIREDBYTHISAGREEMENT,CENTURYLINKMAY,ASITSSOLEREMEDY(EXCEPTASPROVIDEDINTHELASTSENTENCEOFTHISSECTION‘U),TERMINATETHISAGREEMENTBYNOTICETOBUYER,INWHICHEVENTTHEDEPOSITWILLBERELEASEDTO,ANDRETAINEDBY,CENTURYLINKASLIQUIDATEDDAMAGES.THEPARTIESHEREBYAGREETHATINTHEEVENTCENTURYLINKTERMINATESTHISAGREEMENTONACCOUNTOFBUYER’SDEFAULTORFAILURETOPERFORMASPERMITTEDBYTHISSECTION7.2,CENTURYLThJKWILLBEENTITLEDTORECEIVEANDRETAINTHEDEPOSITASLIQUIDATEDDAMAGES.THEDEPOSITHASBEENDETERMINEDBYTHEPARTIESTOBEAREASONABLESUMASLIQUIDATEDDAMAGESANDTHATTHEACTUALDAMAGESTOBESUFFEREDBYCENTURYLINKASARESULTOFSUCHDEFAULTORFAILURETOPERFORMARETOODIFFICULTTOCALCULATEORESTIMATEASOFTHEEFFECTIVEDATE.CENTURYLINK’SRIGHTTOTERMINATETHISAGREEMENTANDRECEIVEANDRETAINTHEDEPOSITASLIQUIDATEDDAMAGESWILLBECENTURYLINK’SSOLEREMEDYINTHEEVENTOFBUYER’SDEFAULTINITSOBLIGATIONUNDERTHISAGREEMENTORFAILURETOCLOSETHEPURCHASEOFTHEPROPERTYHEREUNDER(WHICHALSOISADEFAULT);PROVIDEDTHATCENTURYLINKWILLALSORETAINTHERIGHTTOREMEDIESFORBREACHOFANYOBLIGATIONSWHICHSURVIVETHETERMINATIONOFTHISAGREEMENTREFERREDTONSECTION3,SECTION7,SECTION8,ANDSECTION10.INITIALS:_____________________BUYERCENTURYLINK7.3RemediesforObligationsThatSurviveTermination.ForanybreachbyaPartyheretoofanobligationthatsurvivestheClosingorterminationofthisAgreement,thenonHRev.08/2014 breachingPartywillhavetherighttoallremediesnormallyavailableatlaworinequityforsuchabreach,exceptwherespecificallyindicatedotherwiseinthisAgreement.7.4Survival.TheprovisionsofthisSection7willsurvivetheClosingorearlierterminationofthisAgreement.7.5Attorneys’Fees.IntheeventanyactionisbroughttoenforceorinterpretanyprovisionofthisAgreementortorecoveranyamountduehereunderordamagesforanybreachhereunder,thePartyprevailinginthatactionwillbeentitledtorecoverallcostsactuallyincurredinsuchaction,includingreasonableattorneys’feesfromthePartythatdidnotprevail.2.Broker.BerkshireHathaway-EdwardsandRossRealEstateLtd.,d/b/aNewmarkGrubbKnightfrank(collectively,“Broker”)representCenturyLinkinthistransaction.AttheClosing,CenturyLinkwillpaytoBrokerarealestatebrokeragecommissionforservicesrenderedineffectingthissale,pursuanttoaseparatewrittenagreementbetweenCenturyLinkandBroker.CenturyLinkwilldefendandindemnifyBuyeragainstanyfailureofCenturyLinktopaythecommissiontoBrokerandagainstanyClaimsforcommissionsorothercompensationonaccountofthetransactionmadebyanyotherbroker,finder,agent,orotherperson,otherthanBroker,basedonanyexpressorimpliedundertakingmadebyCenturyLinkinconnectionwiththistransaction.Buyerhasnotengagedarealestateagent,brokerorfinderinconnectionwiththistransaction.Buyerwill,totheextentpermittedbylaw,defendandindemnifyCenturyLinkagainstanyClaimsforcommissionsorothercompensationonaccountofthetransactioncontemplatedherebymadebyanybroker,finder,agent,orotherperson,otherthanBroker,basedonanyexpressorimpliedundertakingmadebyBuyerinconnectionwiththistransaction.TheprovisionsofthisSection8willsurvivetheClosingorterminationofthisAgreement9.FurtherAssurancesJExchane.EachPartywillexecuteanddelivertotheotherPartyanyinstrumentsfromtimetotimereasonablyrequestedbytheotherPartytoeffectorconfirmanyprovisionofthisAgreement.BuyeragreestoprovidecooperationrequestedbyCenturyLinkinimplementinganytaxdeferredexchangeunderSection1031oftheInternalRevenueCodeorotherexchange(the“Exchange”),includingtheexecutionofnecessarydocumentationinconnectionwithsuchExchange,providedBuyerwillnotbeobligatedtoincuranyadditionalexpenseorliabilitybeyonditsexistingobligationsunderthisAgreement,andtheExchangewillnotdelaytheClosing.10.NoRecording.10.1BuyerwillnotrecordthisAgreementoranyevidenceofthisAgreementoranyinterestinthePropertyunderthisAgreementintherealestaterecordsoftheClerkandRecorderforEagleCounty,ColoradoandBuyerwillusecommerciallyreasonableeffortstopreventothersfromplacingofrecordanyevidenceofthisAgreementoranyinterestpursuanttothisAgreementintherealestaterecordsoftheClerkandRecorderforEagleCounty,Colorado.TheprovisionsofthisSection10.1willsurvivetheClosingorterminationofthisAgreement.ThePartiesacknowledgethatthisAgreementwillbeapprovedinapublicmeetingandwillbeavailabletothepublicthroughtheEagleCountywebsiteandpublicdatabase.12Rev.08/2014 11.Notices.AllnoticesprovidedandothercommunicationsrequiredorpermittedunderthisAgreementwillbeinwritingandwillbedeemedgiventoaPartywhenacopythereof,addressedtosuchPartyasprovidedinthisAgreement,isdelivered,personally,bycertifiedorregisteredmail,returnreceiptrequested,orbycommercialcourier,totheaddressofsuchPartydeterminedasprovidedinthisAgreement.TheaddressesfornoticesforCenturyLinkwillbethefollowingaddressesorsuchotheraddressesasCenturyLinkwillnotifyBuyerbynoticegiveninthemannerprovidedinthisSection:CenturyLink1025EldoradoBoulevardBuilding3000Broomfield,CO$0021Attention:VicePresidentofRealEstateWithacopyto:CenturyLinkLawDepartment93114thStreetDenver,CO$0202Attention:StephanieGriffin,Esq.Telephone:303-992-57$6AllnoticesforBuyerwillbeaddressedtoBuyeratthefollowingaddressorsuchotheraddressofwhichBuyergivesCenturyLinknoticehereunder:EagleCountyHousingandDevelopmentAuthorityAttn:KimBellWilliams,HousingDirector500BroadwaySt,P0Box$50,Eagle,CO$1631Telephone:970-32$-$770Withacopyto:EagleCountyAttorneys’Office500BroadwayP.0.Box$50Eagle,CO$1631Telephone:970-32$-$6$512.NoAssignment.BuyerwillnotassignthisAgreementoranyrightorinterestunderthisAgreementtoanypartywithoutthepriorwrittenconsentofCenturyLink,andBuyerwillnotencumberthisAgreementoranyrightorinterestunderthisAgreementwithoutthepriorwrittenconsentofCenturyLink,ineachinstancesuchconsentnottobeunreasonablywithheld.Notwithstandingtheforegoing,BuyermayassignthisAgreement,inwholebutnotinpart,toanentityinwhichBuyerownsorcontrolsamajorityinterest,withoutCenturyLink’sconsent.Anysuchassignmenttobeeffectivemustbeinwriting.13Rev.08/2014 13.GoverningLaw.ThisAgreementandanyclaim,controversyordisputearisingunderorrelatedtotheagreement,therelationshipoftheParties,and/ortheinterpretationandenforcementoftherightsanddutiesofthePartieswillbegovernedbythelawsofthestateinwhichthePropertyislocatedwithoutregardtoany“conflictsoflawprinciples”orwordstosimilareffect.14.IntentionallyDeleted.15.BindingEffect.ThisAgreementwillbebindinguponandinuretothebenefitofCenturyLink,Buyerandtheirrespectivesuccessorsandassigns,andisforthebenefitofthePartiesandtheirrespectivesuccessorandassigns,andnotforanyotherpersonorentity.ExceptforCenturyLink,Buyerandtheirrespectivesuccessorsandassigns,thisAgreementdoesnotprovideanyotherpersonorentitywithanyremedy,claim,liability,reimbursementorrightofaction,andtherearenothirdpartybeneficiaries,expressorimplied,ofthisAgreement.16.Waiver.Noagreement,termorconditionofthisAgreementwillbedeemedtohavebeenwaivedbyaPartyunlessthewaiverismadeinwritingandissignedbythePartyagainstwhomthewaiverisclaimed.NowaiverofdefaultofthisAgreementorconsenttothedefaultwillbedeemedtohavebeenwaivedorconsentedtounlessthewaiverorconsentismadeinwritingandsignedbythePartyagainstwhomthewaiverorconsentisclaimed.ThewaiveroforconsenttoadefaultofthisAgreementwillnotbedeemedtobeawaiveroforconsenttoanyotherbreachordefaultofthisAgreementortooranysubsequentbreachordefaultofthesameterm,agreementorconditionofthisAgreement.NocourseofdealingorconductorfailureofaPartytostrictlyenforceanyterm,rightorconditionofthisAgreementconstitutesageneralwaiverorrelinquishmentoftheterm,rightorcondition.17.AmendmentandModification.NoprovisionofthisAgreementisdeemedamendedormodifiedunlessamendedormodifiedinawritingdatedandsignedbybothParties.1$.InvalidProvisions.IfanyprovisionofthisAgreementortheapplicabilityofaprovisiontoaspecificsituationisheldinvalidorunenforceable,suchprovisionwillbemodifiedtotheminimumextentnecessarytomakeitoritsapplicationvalidandenforceable,andthevalidity,enforceabilityandapplicationofanyotherprovisionsofthisAgreementwillnotbeaffectedbysuchmodification.19.HeadingsNotControlling.TheheadingsandnumberingoftheparagraphsandsectionsinthisAgreementareforconvenienceonlyanddonotdefineorlimitanyofthetermsoraffectthemeaningorinterpretationofthisAgreement.NeitherPartywillbedeemedtheauthorofthisAgreement;therefore,nopresumptionexistsrequiringthatanambiguitycontainedinthisAgreementbeconstruedagainsteitherParty.20.Days;BusinessDays.Unlessexpresslystatedotherwise,allreferencestonumberofdaysinthisAgreementwillmeancalendardays,andnotbusinessdays.IfthedateforanyperformanceorotheractpermittedorrequiredunderthisAgreementfallsonadaywhichisnotabusinessday,thedateforsuchperformanceorotheractwillbeextendedtothenextbusinessday.AsusedinthisAgreement,“businessday”meanseverydayexceptforSaturdays,14Rev.08/2014 Sundays,anddaysonwhichfederallyinsuredcommercialbankslocatedinEagleCounty,Coloradoarepermittedtocloseforbusiness.21.TimeofEssence.TimeisoftheessencewithrespecttoeachandeveryobligationandconditionofthisAgreement.22.EntireAgreement.ThisAgreement(includingitsexhibits)containstheentirecontract,understanding,andagreementbetweenthePartiesandsupersedesallpriorunderstandings,warranties,representations,lettersofintent,andtermssheets,allofwhicharebytheexecutionhereofrenderednullandvoid.23.Execution.ThisAgreementmaybeexecutedincounterpartsand,whencounterpartsofthisAgreementhavebeenexecutedanddeliveredbybothofthePartieshereto,thisAgreementwillbefullybindingandeffective,justasifbothofthePartiesheretohadexecutedanddeliveredasinglecounterparthereof.WithoutlimitingthemannerinwhichexecutionofthisAgreementmayotherwisebeeffectedhereunder,executionbyanyPartymaybeeffectedbyelectronicmailtransmissionofasignaturepagehereofexecutedbysuchParty.IfanyPartyeffectsexecutioninsuchmanner,suchPartywillalsopromptlydelivertotheotherPartythecounterpartphysicallysignedbysuchParty,butthefailureofanysuchPartytodosowillnotinvalidatetheexecutionhereofeffectedbyelectronicmailtransmission.NeitherPartywillbeboundhereunderuntilcounterpartsofthisAgreementhavebeenexecutedanddeliveredbybothParties.24.Easement.24.1Thepersonalproperty,equipment,fixturesandotherimprovementsusedfortelecommunicationspurposesbyCenturyLink,including,butnotlimitedto,anyandalltelecommunicationslines,fiberopticandcoppercable,cabinets,sheds,huts,boxes,manholes,handholds,piping,electricalandgasfacilities,poles,wires,vaults,pedestalsandrelatedabove-groundandburiedtelecommunicationsfacilitieslocatedupontheProperty(collectively,the“EasementFacilities”)willremainonthePropertyfollowingtheClosingandarenotbeingsoldbyCenturyLinktoBuyer.CenturyLinkwillcausetheSurveytoincludealegaldescriptionanddrawingofthelocationoftheEasementfacilities(the“EasementArea”).UponandafterClosing,CenturyLinkwillretainownershipoftheEasementfacilitiesandwillbeallowedtomaintainandoperatetheEasementfacilitiesintheEasementAreaonthePropertyinordertoprovidecommunicationsservices.AtClosing,BuyerwillexecuteanddelivertoCenturyLinktheEasementpursuanttowhichtheBuyerwillgrantaperpetualnon-exclusiveeasementtoCenturyLinkfortheEasementAreaandaperpetualnon-exclusiveeasementacrossthePropertyforaccesstotheEasementfacilities,assetforthintheEasement.ThelegaldescriptionoftheEasementAreapreparedinconnectionwiththeSurveywillbeattachedtotheEasementthatisexecutedandrecordedattheClosing.24.2ThepartiesacknowledgethatthecurrentlocationoftheEasementfacilitiesmaymateriallyandadverselyinterferewithBuyer’spost-ClosingdevelopmentplansfortheProperty.Consequently,CenturyLinkwill,onetimeonly,cooperatewithBuyerinrelocatingtheEasementfacilitiestothepubliceasementandalleylocatedonthenorthwestsideofthePropertyandrecordedasReceptionNo.91603inBook161atPage355oftherecordsof15Rev.O$/20M theCountyClerkandRecorderofEagleCounty,Colorado(“PublicAlleyRelocation”),providedthatsuchPublicAlleyRelocationisapprovedbytheappropriateauthority(ies)fortheTownofEagle,Colorado(“RelocationApproval”).AnysuchPublicAlleyRelocationwillbeatBuyer’ssolecostandexpense,nottoexceed$20,000.00andwillbeeffectedundertheprovisionsrelatingtosuchrelocationsetforthintheEasement.UponcompletionofthePublicAlleyRelocationandsubjecttothetermsoftheEasement,thePartieswillexecuteandrecordareleaseoftheEasement.IntheeventthePublicAlleyRelocationdoesnotreceiveRelocationApproval,theEasementFacilitieswillberelocatedtoanewlocationonthePropertythatisapprovedbyBuyerandCenturyLink(“PropertyRelocation”),suchapprovalsnottobeunreasonablywithheld,conditionedordelayed.AnysuchPropertyRelocationwillbeatBuyer’ssolecostandexpense,nottoexceed$20,000.00andwillbeeffectedundertheprovisionsrelatingtosuchrelocationsetforthintheEasement.25.DisclosuresforResidentialProperty;Formaldehyde.25.1LeadPaint.PriortoexecutionofthisAgreement,CenturyLinkwillprovideBuyerwithaLead-BasedPaintDisclosure(Sales)intheformofExhibitEattachedtothisAgreement(“PaintDisclosure”),signedbyCenturyLink.BuyerwillexecutethePaintDisclosureandprovideCenturyLinkwithacopyofsamepriortoexecutingthisAgreement.25.2CommonInterestCommunity.ThePropertyisnotlocatedinaCommonInterestCommunitysonodisclosureisrequiredunderC.R.S.§38-35.7-102.25.3SpecialTaxingDistricts.SPECIALTAXINGDISTRICTSMAYBESUBJECTTOGENERALOBLIGATIONINDEBTEDNESSTHATISPAIDBYREVENUESPRODUCEDFROMANNUALTAXLEVIESONTHETAXABLEPROPERTYWITHINSUCHDISTRICTS.PROPERTYOWNERSINSUCHDISTRICTSMAYBEPLACEDATRISKFORINCREASEDMILLLEVIESANDTAXTOSUPPORTTHESERVICINGOFSUCHDEBTWHERECIRCUMSTANCESARISERESULTINGINTHEINABILITYOFSUCHADISTRICTTODISCHARGESUCHINDEBTEDNESSWITHOUTSUCHANINCREASEINMILLLEVIES.BUYERSSHOULDINVESTIGATETHESPECIALTAXINGDISTRICTSINWHICHTHEPROPERTYISLOCATEDBYCONTACTINGTHECOUNTYTREASURER,BYREVIEWINGTHECERTIFICATEOFTAXESDUEFORTHEPROPERTY,ANDBYOBTAININGFURTHERINFORMATIONFROMTHEBOARDOFCOUNTYCOMMISSIONERS,THECOUNTYCLERKANDRECORDER,ORTHECOUNTYASSESSOR.25.4PotableWater.THESOURCEOfPOTABLEWATERFORTHISREALESTATEIS:EAGLEPUBLICWORKSAWATERPROVIDER,WHICHCANBECONTACTEDASFOLLOWS:NAME:EAGLEPUBLICWORKSADDRESS:1050CHAMBERSAVENUE,EAGLE,COLORADO$163116Rev.08/2014 WEBSITE:townofeagle.orgTELEPHONE:(970)328-6678SOMEWATERPROVIDERSRELY,TOVARYINGDEGREES,ONNONRENEWABLEGROUNDWATER.YOUMAYWISHTOCONTACTYOURPROVIDERTODETERMINETHELONG-TERMSUFFICIENCYOFTHEPROVIDER’SWATERSUPPLIES.25.5MethamphetamineLaboratory.ToCenturyLink’sactualknowledge,withoutinvestigation,thePropertywasnotpreviouslyusedasamethamphetaminelaboratory.25.6TransportationProjects.CenturyLinkisnotawareofanyknownorproposedtransportationprojectsaffectingtheProperty.25.7OilandGasActivity.THESURFACEESTATEOFTHEPROPERTYMAYBEOWNEDSEPARATELYFROMTHEUNDERLYINGMINERALESTATE,ANDTRANSFEROFTHESURFACEESTATEMAYNOTINCLUDETRANSFEROFTHEMINERALESTATE.THIRDPARTIESMAYOWNORLEASEINTERESTSINOIL,GAS,OROTHERMINERALSUNDERTHESURFACE,ANDTHEYMAYENTERANDUSETHESURFACEESTATETOACCESSTHEMINERALESTATE.THEUSEOFTHESURFACEESTATETOACCESSTHEMINERALSMAYBEGOVERNEDBYASURFACEUSEAGREEMENT,AMEMORANDUMOROTHERNOTICEOFWHICHMAYBERECORDEDWITHTHECOUNTYCLERKANDRECORDER.THEOILANDGASACTIVITYTHATMAYOCCURONORADJACENTTOTHISPROPERTYMAYINCLUDE,BUTISNOTLIMITEDTO,SURVEYING,DRILLING,WELLCOMPLETIONOPERATIONS,STORAGE,OILANDGAS,ORPRODUCTIONFACILITIES,PRODUCINGWELLS,REWORKINGOFCURRENTWELLS,ANDGASGATHERINGANDPROCESSINGFACILITIES.THEBUYERISENCOURAGEDTOSEEKADDITIONALINFORMATIONREGARDINGOILANDGASACTIVITYONORADJACENTTOTHISPROPERTY,INCLUDINGDRILLINGPERMITAPPLICATIONS.THISINFORMATIONMAYBEAVAILABLEFROMTHECOLORADOOILANDGASCONSERVATIONCOMMISSION.25.8Formaldehyde.BuyerhasbeeninformedthatthestructurelocatedthePropertyisamanufacturedhomebuiltonorabout1971andmaycontainFormaldehyde,orothertoxicsubstances,pollutantsandcontaminants,includingasbestos,thatmayaffectthehealthandsafetyofthepublicand/orberegulatedunderfederal,stateandlocalenvironmentallaws.BuyerwillnottransferthePropertyorallowtheuseofthemanufacturedhomeasaresidenceorplaceofbusinessorforanyotherpurposewhereitisoccupiedbyhumans(rentedorotherwise)untilithasremovedallFormaldehyde,andanyothertoxicsubstances,pollutantsandcontaminantsfromthestructure.BuyerwillcauseitssuccessorintitletotheProperty,includinganyentitythatisaffiliatedwithBuyer,EagleCounty,ColoradoortheTownofEagle,toassumeinwritingits17Rev.O$/20M obligationsunderthisSection25.8.Buyer,totheextentpermittedbylaw,herebyindemnifies,holdsharmlessandagreestodefendCenturyLinkfromandagainstanyandallClaimsarisingoutof,orinanywayrelatedto,(i)abreachbyBuyerorthesuccessorintitletoBuyerofthecovenantscontainedinthisSection25.8,or(ii)anypersonalinjurysufferedorallegedtohavebeensufferedbyanypersonwhooccupiesthestructureorclaimsdamageorinjuryfromexposuretothestructurefromandaftertheClosingDate.Buyer’sindemnityandotherobligationssetforthinthisSection25.8willsurvivetheClosing.INWITNESSWHEREOF,thePartieseachactingwithproperauthorityandintendingtobelegallyboundheretohaveexecutedthisAgreementasoftheEffectiveDate.CENTURYLINK:CenturylelTelevideo,Inc.,aWisconsincorporationd/b/aCenturyLinkBy://J/KenK.Barker,DirectorofRealEstateTransactionsandAnalysisSignatureDate:--BUYER:EagleCountyHousingandDevelopmentAuthority,abodycorporateandpoliticSignatureDate:////‘i18Rev.08/2014 EXHIBITATOPURCHASEANDSALEAGREEMENT(LegalDescriptionoftheProperty)ThefollowingdescribedtractoflandsituateandlyingintheCountyofEagle,StateofColorado,towit:Atractoflandherebydesignatedasthe“BobTract”lyingpartlyinside,andpartlyoutside,thecorporatelimitsoftheTownofEagle,Colorado,andbeingaportionofLots7and8,inBlock39,MayerAdditiontotheTownofEagle,Colorado,accordingtothePlatthereoffiledasReceptionNo.$8599andbeingalsodescribedasbeingaportionWestEagleAddition,aplatrecordedJanuary3,1977inBook251,Page288bothbeingrecordedintherecordsintheofficeoftheCountyClerkandRecorderoftheCountyofEagleintheStateofColorado,andalsobeingaportionoftheSE1/4oftheSE1/4oftheNW1/4ofSection5,inTownship5South,Range84Westofthe6thP.M.,accordingtothesurveyunderwhichPatentissuedAugust8,1890,andbecomingapartofTractNo.47insaidTownshipandRangeaccordingtotheIndependentResurveyapprovedbytheSurveyorGeneral’sOfficeJune20,1922,andacceptedbytheGeneralLandOfficeJune6,1923,moreparticularlydescribedasfollows:BeginningatCornerNo.1,anironpinwithawhiteplasticcap,setinconcrete,fromwhichAnglePointNo.7ofsaidTract47bearsS.22°45’50”E.486.1$feetdistant;ThenceN.49°56’W.140.97feetofCornerNo.2,anironpinwithawhiteplasticcap,setinconcrete,onthesoutherlyboundaryofthatcertainPublicAlley,thePublicEasementandRightofWayforwhichwasconveyedbyJosephE.ChambersandEthelChamberstotheTownofEagle,AMunicipalCorporation,oftheCountyofEagleandStateofColorado,byWarrantyDeedrecordedasReceptionNo.91603inBook161atPage355oftherecordsintheofficeoftheCountyClerkandRecorderofsaidEagleCounty,ThenceN.40°04’F.112.43feetalongthesoutherlyedgeofsaidPublicAlleytoCornerNo.3,anironpinwithawhiteplasticcap,setinconcretenearafencecorner;Thence5.49°56’E.140.97feettoCornerNo.4,anironpinwithawhiteplasticcap,setinconcretenearafenceline;ThenceS.40°04’W.112.43feettoCornerNo.1,theplaceofbeginning.forinformationalpurposesonly:APN:2109-051-21-003CenturyLinkmakesnorepresentationorwarrantyregardingtitletoorownershipofthePropertyorthenumberofacresincludedinthePropertytobeconveyed.19Rev.08/2014 EXHIBITBTOPURCHASEANDSALEAGREEMENT(FormofQuitclaimBillofSale)BILLOFSALECENTURYTELTELEVIDEO,INC.,aWisconsincorporationd/b/aCenturyLink(“Seller”),forandinconsiderationofthesumofTENANDNO/100DOLLARS($10.00)andothergoodandvaluableconsiderationpaidtoCenturyLinkbyEAGLECOUNTYHOUSINGANDDEVELOPMENTAUTHORITY,abodycorporateandpolitic(“Buyer”),thereceiptandsufficiencyofwhichareherebyacknowledged,hasASSIGNED,QUITCLAIMEDANDCONVEYED,anddoesherebyASSIGN,QUITCLAIM,ANDCONVEYuntoBuyer,itssuccessorsandassigns,withoutrepresentationorwarranty,allofSeller’sright,titleandinterestinandtothepersonalproperty(the“PersonalProperty”)installedonorabouttherealpropertydescribedinattachedExhibitA,otherthantheEasementFacilities,asthattermisdefinedinSection24ofthatcertainPurchaseandSaleAgreementbetweenSellerandBuyerhavinganeffectivedateof,2018.BUYERTAKESTHEPERSONALPROPERTY“ASIS-WHEREIS”AND“WITHALLFAULTS.”SELLERHASNOTMADEANDDOESNOTMAKEANYREPRESENTATIONSASTOTHEPHYSICALCONDITION,OPERATIONORANYOTHERMATTERAFFECTINGORRELATEDTOTHEPERSONALPROPERTYANDTHISBILLOfSALEANDBUYERHEREBYEXPRESSLYACKNOWLEDGESANDAGREESTHATNOSUCHREPRESENTATIONSHAVEBEENMADE.SELLEREXPRESSLYDISCLAIMSANDBUYERACKNOWLEDGESANDACCEPTSTHATSELLERHASDISCLAIMEDTOTHEMAXIMUMEXTENTPERMITTEDBYLAW,ANYANDALLREPRESENTATIONS,WARRANTIESORGUARANTIESOfANYKIND,ORALORWRITTEN,EXPRESSORIMPLIED,CONCERNINGTHEPERSONALPROPERTY,INCLUDING,BUTNOTLIMITEDTO,(i)THEVALUE,CONDITION,MERCHANTABILITY,MARKETABILITY,PROFITABILITY,SUITABILITYORFITNESSFORAPARTICULARUSEORPURPOSEOfTHEPROPERTY,(ii)THEMANNERORQUALITYOFTHECONSTRUCTIONOfTHEMATERIALS,IfANY,INCORPORATEDINTOANYOFTHEPERSONALPROPERTY,AND(iii)THEMANNER,QUALITY,STATEOFREPAIRORLACKOFREPAIROfTHEPERSONALPROPERTY.SELLERISNOTLIABLEORBOUNDINANYMANNERBYANYVERBALORWRITTENSTATEMENTS,REPRESENTATIONSORINFORMATIONPERTAININGTOTHEPERSONALPROPERTYFURNISHEDBYANYAGENT,EMPLOYEE,SERVANTOROTHERPERSON,UNLESSTHESAMEARESPECIFICALLYSETFORTHORREFERREDTOHEREIN.ThisBillofSalemaybeexecutedinanumberofidenticalcounterpartswhich,takentogether,willconstitutecollectivelyoneagreement.ByacceptanceofthisBillofSale,Buyerherebyacceptsandagreestoallmatterssetforthherein.EXECUTEDtobeeffectiveasofthedayof,201Rev.08/2014 SELLER:CenturyTelTelevideo,Inc.,aWisconsincorporationd/b/aCenturyLinkBy:KenK.Barker,DirectorofRealEstateTransactionsandAnalysisBUYER:EagleCountyHousingandDevelopmentAuthority,abodycorporateandpoliticBy:KathyChandler-Henry,Chair21Rev.08/2014 ExhibitAtoBillofSale(LegalDescriptionoftheProperty)ThefollowingdescribedtractoflandsituateandlyingintheCountyofEagle,StateofColorado,towit:Atractoflandherebydesignatedasthe“BobTract”lyingpartlyinside,andpartlyoutside,thecorporatelimitsoftheTownofEagle,Colorado,andbeingaportionofLots7and8,inBlock39,MayerAdditiontotheTownofEagle,Colorado,accordingtothePlatthereoffiledasReceptionNo.88599andbeingalsodescribedasbeingaportionWestEagleAddition,aplatrecordedJanuary3,1977inBook251,Page28$bothbeingrecordedintherecordsintheofficeoftheCountyClerkandRecorderoftheCountyofEagleintheStateofColorado,andalsobeingaportionoftheSE1/4oftheSE1/4oftheNW1/4ofSection5,inTownship5South,Range$4Westofthe6thP.M.,accordingtothesurveyunderwhichPatentissuedAugust8,1890,andbecomingapartofTractNo.47insaidTownshipandRangeaccordingtotheIndependentResurveyapprovedbytheSurveyorGeneral’sOfficeJune20,1922,andacceptedbytheGeneralLandOfficeJune6,1923,moreparticularlydescribedasfollows:BeginningatCornerNo.1,anironpinwithawhiteplasticcap,setinconcrete,fromwhichAnglePointNo.7ofsaidTract47bearsS.22°45’50”E.486.1$feetdistant;ThenceN.49°56’W.140.97feetofCornerNo.2,anironpinwithawhiteplasticcap,setinconcrete,onthesoutherlyboundaryofthatcertainPublicAlley,thePublicEasementandRightofWayforwhichwasconveyedbyJosephE.ChambersandEthelChamberstotheTownofEagle,AMunicipalCorporation,oftheCountyofEagleandStateofColorado,byWarrantyDeedrecordedasReceptionNo.91603inBook161atPage355oftherecordsintheofficeoftheCountyClerkandRecorderofsaidEagleCounty,ThenceN.40°04’E.112.43feetalongthesoutherlyedgeofsaidPublicAlleytoCornerNo.3,anironpinwithawhiteplasticcap,setinconcretenearafencecorner;ThenceS.49°56’E.140.97feettoCornerNo.4,anironpinwithawhiteplasticcap,setinconcretenearafenceline;ThenceS.40°04’W.112.43feettoCornerNo.1,theplaceofbeginning.Forinformationalpurposesonly:APN:2109-051-21-003GrantormakesnorepresentationorwarrantyregardingtitletoorownershipofthePropertyorthenumberofacresincludedinthePropertytobeconveyed.22Rev.08/2014 EXUIBITCTOPURCHASEANDSALEAGREEMENT(FormofBargainandSaleDeed)WHENRECORDEDRETURNTO:EagleCountyAttorney’sOfficeAttn:BethOliver500BroadwayStreetP0Box$50Eagle,CO81631BARGAINANDSALEDEEDCENTURYTELTELEVIDEO,INC.,aWisconsincorporationd/b/aCenturyLink(“Grantor”),whosestreetaddressis1025EldoradoBoulevard,Building3000,Broomfield,Colorado$0021,Attention:VicePresidentofRealEstate,fortheconsiderationofTenandNo/lOOthlsDollarsandNoCents($10.00)andothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,herebysellsandconveystoEAGLECOUNTYHOUSINGANDDEVELOPMENTAUTHORITY,abodycorporateandpolitic(“Grantee”),whosestreetaddressis500BroadwayStreet,Eagle,Colorado81631,thefollowingrealpropertyintheCountyofEagleandStateofColorado(the“Property”):SeethelegaldescriptionsetforthonExhibitAattachedheretoandbythisreferenceincorporatedherein.withallitsappurtenancesandanyafter-acquiredtitleofGrantor,butwithoutwarrantiesoftitle.RESERViNGHOWEVER,untoGrantor,aperpetualeasementover,underandacrosstheportionofthePropertylegallydescribedonExhibitBattachedandbythisreferenceincorporatedherein(the“EasementArea”)toconstruct,reconstruct,modify,change,addto,operate,maintain,andremovetelecommunicationsfacilities,electricalandgasfacilities,andotherappurtenances,fromtimetotime,asGrantormayrequire,asismoreparticularlysetforthinthatcertainEasementAgreementexecutedbyGrantorandGranteeofevendateherewith.NEITHERGRANTORNORANYONEONGRANTOR’SBEHALF,HASMADE,ANDGRANTORDOESHEREBYSPECIFICALLYNEGATEANDDISCLAIM,ANYREPRESENTATIONS,WARRANTIES,PROMISES,COVENANTS,AGREEMENTSORGUARANTIESOFANYKINDORCHARACTERWHATSOEVER,WHETHEREXPRESSORIMPLIED,ORALORWRITTEN,PAST,PRESENTORFUTURE,OF,ASTO,CONCERNINGORWITHRESPECTTO:(a)THEVALUE,NATURE,QUALITY,PHYSICALORANYOTHERCONDITIONOFTHEPROPERTY;(b)THEINCOMETOBEDERIVEDFROMTHEPROPERTY;(c)THESUITABILITYOFTHEPROPERTYFORANYANDALLACTIVITIESANDUSESWHICHGRANTEEMAYORPLANSTOCONDUCTTHEREON;(d)THECOMPLIANCEOFORBYTHEPROPERTYORITS23Rev.08/2014 OPERATIONWITHANYLAWS,RULES,ORDINANCES,ORDERS,DECISIONSORREGULATIONSOFANYAPPLICABLEGOVERNMENTALAUTHORITYORBODY;(e)THEHABITABILITY,MERCHANTABILITY,MARKETABILITY,PROFITABILITYORFITNESSFORAPARTICULARPURPOSEOFTHEPROPERTY;(f)THEMANNERORQUALITYOFTHECONSTRUCTIONORMATERIALSINCORPORATEDINTOTHEPROPERTY;(g)THEMANNER,QUALITY,STATEOFREPAIRORLACKOFREPAIROFTHEPROPERTY;OR(h)ANYOTHERMATTERWITHRESPECTTOTHEPROPERTYANDGRANTORHASNOTMADE,DOESNOTMAKEANDSPECIFICALLYDISCLAIMSANYREPRESENTATIONSREGARDINGCOMPLIANCEWITHANYENVIRONMENTALLAWORPROTECTION,POLLUTIONORLANDUSE,ZONINGORDEVELOPMENTORREGIONALIMPACTLAWS,RULES,REGULATIONS,ORDERS,DECISIONSORREQUIREMENTS.GRANTORHASNOTPERFORMEDANYINSPECTIONSORPROVIDEDANYINFORMATIONTOGRANTEE.FURTHER,GRANTORCONVEYSTHEPROPERTYTOGRANTEEINITS“ASIS,”“WHEREIS”AND“WITHALLFAULTS”CONDITIONASOFTHECLOSINGANDWITHAWAIVEROFALLOBJECTIONSORCLAIMSAGAINSTGRANTORARISINGFROMORRELATEDTOTHEPROPERTY.ANYINFORMATIONPROVIDEDORTOBEPROVIDEDWITHRESPECTTOTHEPROPERTYWASOBTAINEDFROMAVARIETYOFSOURCESANDGRANTORHASNOTMADEANYINDEPENDENTINVESTIGATIONORVERIFICATIONOFTHEINFORMATIONANDMAKESNOREPRESENTATIONSORWARRANTIESASTOTHEACCURACYORCOMPLETENESSOFTHEINFORMATION.GRANTORISNOTLIABLEORBOUNDINANYMANNERBYANYVERBALORWRITTENSTATEMENTS,REPRESENTATIONS,WARRANTIESORINFORMATIONPERTAININGTOTHEPROPERTYORTHEOPERATIONTHEREOF,FURNISHEDBYANYREALESTATEBROKER,AGENT,EMPLOYEE,SERVANTOROTHERPERSON.TOTHEMAXIMUMEXTENTPERMITTEDBYLAW,THESALEOFTHEPROPERTYBYGRANTORISMADEONAN“ASIS”,“WHEREIS”AND“WITHALLFAULTS”CONDITIONANDBASIS.NOTWITHSTANDINGANYTHINGTOTHECONTRARY,THEACKNOWLEDGEMENTS,DISCLAIMERSANDWAIVERSCONTAINEDINTHISBARGAINANDSALEDEEDWILLSURVIVETHERECORDINGOFTHISBARGAINANDSALEDEED.Signedthe_____dayof,20124Rev.O$/20M WITNESSES:CENTURYTELTELEVIDEO,INC.,aWisconsincorporationd/b/aCenturyLinkPrintedNameBy:______________________________KenK.Barker,DirectorofRealEstate__________________________________TransactionsandAnalysisPrintedNameSTATEOFLOUISIANA))PARISHOFOUACHITA)Onthis____dayof__________________,20,beforemeappearedKenK.Barker,tomepersonallyknown,who,beingbymedulyaffirmeddidsaythatheistheDirectorofRealEstateTransactionsandAnalysisofCenturyTelTelevideo,Inc.,aWisconsincorporationd!b/aCentuiyLinkandthattheforegoinginstrumentwassignedonbehalfofandacknowledgedtobethefreeactanddeedofthecorporation.NOTARYPUBLICLIFETIMECOMMISSION25Rev.08/2014 ExhibitAtoBargainandSaleDeed(LegalDescriptionoftheProperty)ThefollowingdescribedtractoflandsituateandlyingintheCountyofEagle,StateofColorado,towit:Atractoflandherebydesignatedasthe“BobTract”lyingpartlyinside,andpartlyoutside,thecorporatelimitsoftheTownofEagle,Colorado,andbeingaportionofLots7and8,inBlock39,MayerAdditiontotheTownofEagle,Colorado,accordingtothePlatthereoffiledasReceptionNo.88599andbeingalsodescribedasbeingaportionWestEagleAddition,aplatrecordedJanuary3,1977inBook251,Page288bothbeingrecordedintherecordsintheofficeoftheCountyClerkandRecorderoftheCountyofEagleintheStateofColorado,andalsobeingaportionoftheSE1/4oftheSE1/4oftheNW1/4ofSection5,inTownship5South,Range84Westofthe6thP.M.,accordingtothesurveyunderwhichPatentissuedAugust8,1890,andbecomingapartofTractNo.47insaidTownshipandRangeaccordingtotheIndependentResurveyapprovedbytheSurveyorGeneral’sOfficeJune20,1922,andacceptedbytheGeneralLandOfficeJune6,1923,moreparticularlydescribedasfollows:BeginningatCornerNo.1,anironpinwithawhiteplasticcap,setinconcrete,fromwhichAnglePointNo.7ofsaidTract47bearsS.22°45’50”E.486.1$feetdistant;ThenceN.49°56’W.140.97feetofCornerNo.2,anironpinwithawhiteplasticcap,setinconcrete,onthesoutherlyboundaryofthatcertainPublicAlley,thePublicEasementandRightofWayforwhichwasconveyedbyJosephE.ChambersandEthelChamberstotheTownofEagle,AMunicipalCorporation,oftheCountyofEagleandStateofColorado,byWarrantyDeedrecordedasReceptionNo.91603inBook161atPage355oftherecordsintheofficeoftheCountyClerkandRecorderofsaidEagleCounty,ThenceN.40°04’E.112.43feetalongthesoutherlyedgeofsaidPublicAlleytoCornerNo.3,anironpinwithawhiteplasticcap,setinconcretenearafencecorner;Thence5.49°56’E.140.97feettoCornerNo.4,anironpinwithawhiteplasticcap,setinconcretenearafenceline;ThenceS.40°04’W.112.43feettoCornerNo.1,theplaceofbeginning.Forinformationalpurposesonly:APN:2109-051-21-003GrantormakesnorepresentationorwarrantyregardingtitletoorownershipofthePropertyorthenumberofacresincludedinthePropertytobeconveyed.26Rev.08/2014 ExhibitBtoBargainandSaleDeed(LegalDescriptionofEasementArea)ThefollowingdescribedtractoflandsituateandlyingintheCountyofEagle,StateofColorado,towit:UponreceiptandapprovalofthelegaldescriptionoftheEasementAreawhichwillbeincludedintheSurvey,thelegaldescriptionoftheEasementAreawillbeautomaticallysubstitutedforthisExhibitBintheformofBargainandSaleDeedexecutedbythePartiesatClosing.AdrawingoftheEasementAreapreparedbytheSurveyoralsowillbeincludedinthisExhibitBonthepagefollowingthelegaldescription.27Rev.08/2014 EXHIBITDTOPURCHASEANDSALEAGREEMENT(FormofEasement)RECORDINGINFORMATIONABOVEWHENRECORDEDRETURNTO:CenturyLink100CenturyLinkDriveMonroe,LA71203Attn:ConstructionServicesEASEMENTAGREEMENTThisEasementAgreement(this“Agreement”)isenteredintoasofthe________dayof_____________,20____(the“EffectiveDate”)byEAGLECOUNTYHOUSINGANDDEVELOPMENTAUTHORITY,abodycorporateandpolitic(“Grantor”),whosestreetaddressis:500Broadway.Eagle,CO$1631,Attn:EagleCountyAttorneys’Office,forandinconsiderationofTenandNo/iO0thsDollars($10.00)andothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,doesherebygrantandconveyuntoCENTURYTELTELEVIDEO,INC.,aWisconsincorporationd/b/aCenturyLinkanditssuccessors,assigns,affiliates,lessees,licensees,andagents(collectively,“Grantee”),whoseaddressis100CenturyLinkDr.,Monroe,LA71203,Attn:ConstructionServices.GrantorandGranteemaysometimesbereferredtointhisAgreementindividuallyasa“Party”andcollectivelyasthe“Parties.”ThisAgreementismadewithrespecttothefollowingfacts:A.Asofthedatestatedabove,GrantorhasacquiredthepropertydescribedonExhibitAattachedtothisAgreementandincorporatedhereinbythisreference(the“Property”)fromGranteepursuanttothePurchaseandSaleAgreementdated_____________________,2012(the“SalesAgreement”).TheprincipalimprovementsonthePropertyasofthedateoftheSalesAgreementareaone-storymanufacturedhomeandadetachedgarage(collectively,the“Building”).B.TheSalesAgreementprovidesforthePartiestoenterintothisAgreementattheclosingofthesaleofthePropertybyGranteetoGrantorinordertoprovideGranteewithaperpetualnon-exclusiveeasementonthePropertyforcertainundergroundandabovegroundcables,wires,conduits,vaults,manholes,handholds,drains,splicingboxes,surfacelocationmarkers,equipmentcabinetsandrelatedfacilitiesandstructures(collectively,the“EasementFacilities”),whichareownedbyGrantee.2$Rev.08/2014 EasementAgreementInconsiderationoftheforegoingrecitalsandthepromisesandagreementsofthePartiesunderthisAgreement,thereceiptandsufficiencyofwhichareacknowledgedbytheParties,thePartiesdoherebygrant,convey,promiseandagreeasfollows:1.Easement.Grantor,foritself,itssuccessorsandassigns,doesherebygrantandconveytoGranteeanditsemployees,contractors,agents,permittees,collocatingentities,successorsandassigns,subjecttothetermsstatedherein,aperpetualandnon-exclusiveeasement(the“Easement”)upon,over,through,underandalongaparceloflandlegallydescribedonExhibitBattachedtothisAgreementandincorporatedhereinbythisreference(the“EasementArea”),toinstall,construct,operate,maintain,repair,expand,amend,alter,replaceandremovetheEasementFacilitiesandtousesuchportionsofthesurfaceoftheEasementAreaasnecessaryinordertoinstall,construct,operate,maintain,repair,expand,amend,alter,replaceandremovetheEasementFacilities,including,butnotlimitedto,therighttomaintainanysurfacemanholes,handholdsandrelatedfacilitiescurrentlylocatedontheEasementAreaasarenecessarytoaccessandservicetheEasementFacilities.IntheeventthereisnoPublicAlleyRelocation(asdefinedinSection4)effectedpursuanttoSection4ofthisAgreement,GranteeagreesthatEasementFacilitiesonthePropertywillnotincludetowersorotherstructuresgreaterthaneight(8)feetinheight.GranteewillhavetherighttouseandenjoytheEasementAreasolongasGrantee’susedoesnotunreasonablyinterferewithGrantor’suseoftheProperty.1.1Easement.ThegrantofEasementalsogivestoGranteethefollowingrights:1.1.1thenon-exclusiverightofingressandegressoverandacrosstheEasementAreaandPropertyforthepurposeofGranteeexercisingtherightsgrantedtoitherein,includingvehicularandpedestrianaccesstoandfromtheEasementArea.Wheneveranexistingstreet,driveway,orotherrightofway,oranyparkingarea,ismodified,altered,constructed,createdbyeasement,ordedicatedonGrantor’sProperty,Grantee’srightofingressandegresswillautomaticallyberestrictedtothemodified,alteredorconstructedstreets,driveways,otherrightsofway,andparkingareasonGrantor’sProperty,togetherwith,totheextentreasonablynecessary,accessbetweentheEasementAreaandanysuchstreets,driveways,rightsofway,andparkingareasoveranylandscapedareasorotherexteriorcommonareas;notwithstandingtheforegoing,however,nomodification,alterationorconstructionofanystreet,driveway,rightofwayorparkingareawillsubstantivelyimpairGrantee’saccesstotheEasementArea,Grantee’srightsunderthisEasementAgreementorGrantee’suseandenjoymentoftheEasementArea.Notwithstandingtheforegoing,Grantee’srightofingressandegressisnottobeconstruedasablanketeasementoverGrantor’slandsbutconstruedasthatwhichisnecessaryforGrantee’sreasonableaccesstotheEasementArea;1.1.2therighttoclearandkeepclearedalltrees,roots,brushandotherobstructionsfromthesurfaceandsub-surfaceoftheEasementAreathatinterferewithGranteeexercisingtherightsgrantedtoitherein;29Rev.08/2014 1.1.3therighttopermitthecarry-inandattachmentoftheconduit,wires,cablesorothersuchitemsofanyotherentityorpersonintheEasementAreaasmayberequiredbylaw;and1.1.4atGrantee’sexpense,therighttobringtoandtoplaceintheEasementAreaelectricalorotherutilityserviceforGrantee’suse.2.Maintenance,Operations,andRepairofDamage.GranteewillmaintaintheEasementfacilitiesingoodconditionandrepairinaccordancewithallapplicablelawsatGrantee’ssolecostandexpense.Grantee’srightsinandtotheEasementaresubjecttotheobligationofGranteetopromptlyrepairandrestoreatitssolecostandexpense,anyactualdamagetothePropertycausedbyGrantee’sexerciseoftherightsgrantedtoitinthisAgreementtotheconditionexistingpriortosuchdamage.AssoonasreasonablypracticablefollowingthedateofthisAgreement,Grantee,atGrantee’sexpense,willcauseanyEasementfacilitiesthatrequireelectricpowertobeseparatelymeteredfromapowersupplythatisindependentofanyexistingpowersupplytotheBuilding.followingthecompletionofsuchseparatemeteringwork,GranteewillcontractdirectlywiththeelectricutilitycompanyfortheelectricservicetotheEasementfacilities.Priortothecompletionofsuchwork,GranteewillreimburseGrantorforthecostsincurredbyGrantorfortheelectricservicesuppliedtotheEasementFacilities,asdeterminedbyeithersub-meteringorreasonableestimatesbasedontheelectricconsumptionoftheEasementFacilitiesascomparedtotheelectricconsumptionoftheBuildingfacilities.GrantorwillgrantGrantee,oratGrantee’soption,theelectricutilitycompany,aneasementforanyapplicablemeterandelectriclinesprovidingpowertotheEasementFacilities.3.Grantor’sRights.GrantorwillhavetherighttouseandenjoytheEasementAreasolongasGrantor’suseoftheEasementAreadoesnotmateriallyinterferewiththerightsgrantedtoGranteeherein.GrantorwillnoterectanybuildingorstructureorplanttreesorothervegetationwithintheEasementArea,drilloroperateanywellontheEasementArea,constructanyreservoirorotherobstructionontheEasementArea,mineorremoveanysoil,sand,orgravelonorfromtheEasementArea,ordiminishorsubstantiallyaddtothegroundcoverovertheEasementfacilities.Grantorwillhavetherighttoinstallandconstructpaving,curb,gutterandlandscapingimprovementsonthesurfaceoftheportion(s)oftheEasementAreaunderwhichundergroundEasementFacilitiesarelocatedsolongassuchundergroundfacilitiesarenotdamagedtherebyandGrantorcomplieswiththeprovisionsofthisSection3.PlansforconstructionofsuchimprovementswillbesubmittedtoGranteeforitsapproval(nottobeunreasonablywithheld,conditionedordelayed),ifGrantorintendstoexcavatemorethan12inchesfromthesurfaceofthegroundtoinstallitsimprovements.followingcompletionofconstructionatleasttwofeetwillremainbetweenthetopofGrantee’sburiedfacilitiesandthesurfaceoftheground.NotwithstandinganythingtothecontrarycontainedinthisAgreement,GrantorandGranteeexpresslyagreethatanyandallstructures,parkingareas,pavement,sidewalks,fences,landscapingorimprovementsofanykindorcharactercurrentlylocatedonthesurfaceoftheEasementArea,ifany,asoftheEffectiveDate,(the“PermittedEncumbrances”)areexpresslypermittedandGrantorwillhavetherighttomaintain,restore,renovateorreplace(withsameorsubstantiallysimilarmaterials)suchPermittedEncumbrancessolongassuchactivitiesareundertakeninamannerwhichdoesnotmateriallyinterferewiththeuseor30Rev.08/2014 operationoftheEasementFacilitiesorwithGrantee’saccesstotheEasementFacilitiesortheEasementArea.4.RelocationofEasementArea.SubjecttotheprovisionsofthisSection4,Grantorwillhavetheright,ononeoccasiononly,torequiretherelocationbyGranteeoftheEasementAreaandtheEasementFacilities(1)withEagleCountyPermission(asdefinedinSection4.1.6),PolePermission(asdefinedinSection4.1.6),andallrequiredapprovalsfromtheTownofEagle,Colorado(“RelocationApproval”)tothepubliceasementandalleylocatedonthenorthwestsideofthePropertyasthesameisrecordedasReceptionNo.91603inBook161atPage355oftherecordsoftheCountyClerkandRecorderofEagleCounty,Colorado(“PublicAlleyRelocation”);or(ii)intheeventthePublicAlleyRelocationdoesnotreceiveEagleCountyPermission,PolePermission,andRelocationApproval,ontoanotherportionofthePropertythatisapprovedbyBuyerandCenturyLink(“PropertyRelocation”),4.1TermsandConditions.AnyPropertyRelocationorPublicAlleyRelocation,asthecasemaybe,willbeonthefollowingtermsandconditions,asstipulatedbelow:4.1.1IntheeventofPropertyRelocation,therelocationoftheEasementFacilitieswillbesubjecttoGrantor’sidentificationofanotherlocationonthePropertyfortheEasementandtheEasementAreathatisapprovedbyGrantee,whichapprovalwillnotunreasonablybewithheld,conditionedordelayed.4.1.2WhenanewlocationonthePropertyhasbeenagreedonforthePropertyRelocationandthelocationthereofhasbeensurveyedbyGranteeandanappropriatelegaldescriptionhasbeenprepared,thePartieswillexecuteanamendmenttothisAgreementtoaddthelocationoftheneweasementareaaspartoftheEasementArea(the“EasementAmendment”).4.1.3InthecaseofPropertyRelocation,whentheEasementAmendmenthasbeenexecutedandrecorded,GranteewillproceedwithreasonablediligencetocompletetherelocationoftheEasementFacilitiestothenewEasementAreawithinfour(4)monthsfollowingtherecordingdateoftheEasementAmendment(“RelocationTimeline”)provided,however,thattheoccurrenceoftheweatherandsoilconditionsofflood,snow,rockslides,orfrozenground(collectively,the“WeatherConditions”)willoperatetosuspendandextendtheRelocationTimelineuntiltheWeatherConditionshaveabatedsuchthatrelocationoftheEasementFacilitiesunderthisAgreementisnotmateriallyburdenedorhindered(withburdenandhindrancetoincludeGranteeincurringincreasedRelocationCostsasaresultofWeatherConditions).AlloftheforegoingconditionsofthisSection4.1.3willalsoapplytoaPublicAlleyRelocationexceptthattheRelocationTimelinewillcommenceonthelatertooccurof:(1)thedateGranteereceivesRelocationApproval;(ii)thedateEagleCountyPermission(asdefinedinSection4.1.6)hasbeenobtainedbyGrantororisconfirmedbythePartiestobeinapplicable;or(iii)thedatethePolePermission(asdefinedinSection4.1.6)hasbeenobtainedbyGrantee.4.1.4GrantorwillberesponsibleforreimbursingGranteeallcostsincurredbyGranteeintherelocationoftheEasementFacilities(whethersuchrelocationbea31Rev.08/2014 PropertyRelocationoraPublicAlleyRelocation),including,butnotlimitedto,thecostoflocatingandsurveyingthenewEasementArea,Grantee’scostofmovingtheEasementFacilities,includingthecostofacquiringanynewequipmentthatisreasonablyrequiredinconnectionwithmakingsuchrelocationwithoutinterruptingtheserviceprovidedbytheEasementFacilities,andallotherreasonablecostsincurredbyGranteeinconnectionwiththerelocation(collectively,the“RelocationCosts”).Notwithstandingtheforegoingsentence,Grantor’sobligationtoreimburseGranteeforRelocationCostswillnotexceedTwentyThousandandNo/i00Dollars($20,000.00)intheaggregate(“RelocationCostCap”),andGranteewillbesolelyresponsibleforanyRelocationCostswhichexceedtheRelocationCostCap.UponcompletionoftherelocationoftheEasementFacilities,GranteewillsubmitaRelocationCostsinvoicetoGrantordetailingtheRelocationCosts.PaymentoftheRelocationCostsuptotheRelocationCostCapwillberemittedbyGrantortoGranteewithinthirty(30)daysofreceiptoftheRelocationCostsinvoicefromGrantee.Granteeshallassumeallrisksassociatedwithunknownorunexpectedsoil,rockorotherconditionofthenewEasementArea.4.1.5UponthecompletionofthePropertyRelocationsuchthattheEasementFacilitiesarefullyinstalledandfullyoperationalinthenewEasementArea,thePartieswillexecuteafurtheramendmenttothisAgreementtoincludethelegaldescriptionofthenewEasementAreaand,totheextentthattheneweasementareadoesnotincludeportionsoftheoriginalEasementArea,torecordareleasetoreleasethelegaldescriptionofsuchportionsfromtheEasement.4.1.6IntheeventRelocationApprovalisobtainedbyGranteeforPublicAlleyRelocation,thePartiesacknowledgeandagreethatGrantee,asanabsolutepreconditiontocompletingthePublicAlleyRelocation,willrequiretheuseofautilitypolelocateduponpropertyownedbyEagleCountyandidentifiedasLot1,Block41,EagleSubdivision(the“EagleCountyProperty”),locatedadjacenttotheProperty.Consequently,priortoGranteecommencingthePublicAlleyRelocation,GrantorwillobtainanypermissionsorapprovalsnecessaryfromEagleCounty(collectively,the“EagleCountyPermission”)forGranteetorelocateaportionoftheEasementsFacilitiesontotheutilitypolelocatedupontheEagleCountyPropertyandwilldeliverwrittenproofthatisreasonablysatisfactorytoGranteeofsuchEagleCountyPermissionwithinten(10)businessdaysafterreceivingEagleCountyPermission.Notwithstandingtheforegoingsentence,intheeventtheEagleCountyPropertyutilitypoleislocatedinthepublicright-of-way,GrantorwillhavenoobligationtoobtainEagleCountyPermission.ItisfurtherunderstoodandagreedbythePartiesthatGrantee,priortocommencingthePublicAlleyRelocation,willberequiredtoobtainallpermissionsandapprovalsnecessaryfromtheowneroftheutilitypole(collectively“PolePermission”)torelocateaportionoftheEasementFacilitiesontotheutilitypolereferencedinthisSection4.1.6.UponGrantee’sreceiptofPolePermission,GranteewilldeliverwrittennoticeofthesametoGrantorwithinten(10)businessdaysaftersuchPolePermissionreceipt.IfaPublicAlleyRelocationiseffectedpursuanttothisAgreement,thePartieswillexecuteaterminationandreleaseoftheEasementandthisAgreementuponthecompletionofthePublicAlleyRelocation.IntheeventthateithertheEagleCountyPermissionorthePolePermissioncannotbeobtainedpursuanttothisSection4.1.6,thePartiesagreethattherelocationoftheEasementFacilitieswillbeaPropertyRelocation.32Rev.08/2014 5.Indemnification.Granteeshallindemnify,defendandholdharmlessGrantor,anditssuccessorsandassignsfromandagainstanyandallclaims,actions,causesofaction,liability,losses,damages,costsorexpenses,includingreasonableattorney’sfees,andincluding,withoutlimitation,anyandallmechanics’and/ormaterialmen’sliensandclaims,whichmaybeimposeduponorincurredbyGrantortotheextentcausedbyGrantee’snegligentuseoftheEasement,excepttotheextentarisingfromthenegligenceofGrantororabreachofthisAgreementbyGrantororitsrepresentatives.Grantorshall,totheextentpermittedbylaw,indemnify,defendandholdharmlessGrantee,anditssuccessorsandassignsfromandagainstanyandallclaims,actions,causesofaction,liability,losses,damages,costsorexpenses,includingreasonableattorney’sfees,totheextentcausedbyGrantor’snegligenceinthecourseofconstructionandmaintenanceofimprovementsinstalledbyGrantoroverunderandacrosstheEasementArea.6.CovenantRunningwiththeLand:GoverningLaw.TheburdensonthePropertyprovidedinthisAgreementconstitutecovenantsrunningwiththelandandwillbebindingonthecurrentownerofthePropertyortherelevantpartthereofatthetimeinquestion.ThisAgreementwillbegoverned,construedandinterpretedinaccordancewiththeinternallawsoftheStateofColorado,withoutgivingeffecttoconflictsoflawprinciples.7.Assignment,LeaseorLicensebyGrantee.GranteewillbeentitledtoleaseorlicenseitsrightsunderthisAgreementto:anypartywhichGranteeisrequiredbyfederal,stateorlocallawtopermittousetheEasementFacilitiesorEasement;anyentitywhichGranteeownsorcontrols,orisundercommoncontrolwith,orwhichcontrolsGrantee;anyjointventurerwithGrantee;anyentitywhichhastherightorobligationtomaintain,repairoroperatetheEasementFacilitiesunderanyagreementwithGrantee;andanysuccessorininteresttoGranteesolongasanysuchpartyagreestocomplywiththetermsofthisAgreement.GranteewillbeentitledtoassignthisAgreementanditsinterestintheEasementtoanypurchaseroftheEasementFacilities.IntheeventGranteeassignsthisAgreementanditsinterestintheEasementintheirentirety,GranteewillhavenoliabilityforobligationsofGranteeunderthisAgreementarisingaftersuchassignmentbecomeseffective.8.Inurement.TheEasementandrightsandobligationsofGranteeunderthisAgreementwillinuretothebenefitofGranteeanditssuccessorsandassignsasownersorusersoftheEasementFacilities.9.Notice.Anynotice,demand,consent,approval,requestorothercommunicationrequiredorpermittedtobegiventoeitherPartyunderorwithrespecttothisAgreement(collectively,“Notice”)mustbeinwritingandmustbedeliveredinperson,byanationallyrecognizedovernightdeliveryservice,orbycertifiedmail,postageprepaid,returnreceiptrequested,totheappropriateaddress(es)setforthbelow(withrespecttoanysuccessorintitletoGrantor,noticeshallbesenttoaddressonfileforsuchsuccessorwiththeEagleCountyAssessor):IfNoticetoGrantor:EagleCountyHousingandDevelopmentAuthorityAttn:KimBellWilliams,HousingDirector33Rev.08/2014 500BroadwaySt,P0Box$50,Eagle,CO$1631Telephone:970-32$-$770Withacopyto:EagleCountyAttorneys’Office500BroadwayP.0.Box$50Eagle,CO$1631Telephone:970-32$-$685IfNoticetoGrantee:doCenturyLink100CenturyLinkDriveMonroe,LA71203Attention:ConstructionServices10.Amendment.ThisAgreementmaybeamendedonlyupontheexecutionofawrittenagreementbyGranteeandthethenownerofthePropertyandtherecordationofsuchinstrumentintherealpropertyrecordsofEagleCounty,Colorado.11.Severability.IfanyprovisionofthisAgreementortheapplicabilityofaprovisiontoaspecificsituationisheldinvalidorunenforceablebyacourtofcompetentjurisdiction,suchprovisionwillbemodifiedtotheminimumextentnecessarytomakeitoritsapplicationvalidandenforceable,andthevalidity,enforceabilityandapplicationofanyotherprovisionsofthisAgreementwillnotbeaffectedbysuchmodification.12.NoPublicDedication.NothingcontainedinthisAgreementwillconstituteorbeconstruedasadedicationofanyportionofthePropertyortheEasementAreatothepublicorgiveanymemberofthepublicanyrightswhatsoever;itbeingtheexpressintentionofthePartiesthatthisAgreementisfortheexclusivebenefitofGrantorandGranteeandtheirrespectivesuccessorsandassigns.13.Headings:Interpretation.TheheadingsandnumberingoftheparagraphsandsectionsinthisAgreementareforconvenienceonlyanddonotdefineorlimitanyofthetermsoraffectthemeaningorinterpretationofthisAgreement.Unlessthecontextotherwiserequires,singularincludesthepluralandpluralthesingular,andmasculine,feminineandneutergendersareinterchangeable.Unlessexpresslyprovidedotherwise,(1)useoftheword“including”doesnotexcludeitemsnotlistedand(ii)useoftheword“will”connotesamandatoryaction.14.Counterparts.ThisAgreementmaybesignedintwocounterparts,bothofwhichwillbefullyeffectiveasanoriginalandallofwhichtogetherwillconstituteoneandthesameinstrument.[Signaturesappearonthefollowingpages]34Rev.08/2014 GRANTOR:EagleCountyHousingandDevelopmentAuthorityBy:_____________________________KathyChandler-Henry,ChairSTATEOfCOLORADO))ss.COUNTYOfEAGLE)Theforegoinginstrumentwasacknowledgedbeforemethisdayof_____________________________201,byKathyChandler-Henry,ChairoftheEagleCountyHousingandDevelopmentAuthority.Mycommissionexpires:________________________Witnessmyhandandofficialseal.[Seal]NotaryPublicGRANTEE:WITNESSES:CenturyTelTelevideo,Inc.,aWisconsincorporationd/b/aCenturyLinkPrintedNameBy:______________________________________KenK.Barker,DirectorofRealEstate__________________________________TransactionsandAnalysisPrintedName35Rev.08/2014 STATEOFLOUISIANA))PARISHOFOUACHITA)Onthis____dayof__________________,20,beforemeappearedKenK.Barker,tomepersonallyknown,who,beingbymedulyaffirmeddidsaythatheistheDirectorofRealEstateTransactionsandAnalysisofCenturyTelTelevideo,Inc.,aWisconsincorporationd/b/aCenturyLinkandthattheforegoinginstrumentwassignedonbehalfofandacknowledgedtobethefreeactanddeedofthecorporation.NOTARYPUBLICLIFETIMECOMMISSION36Rev.08/2014 ExhibitAtoEasementAgreement(LegalDescriptionofGrantor’sProperty)TherealpropertysituateintheCountyofEagle,StateofColorado,moreparticularlydescribedasfollows:Atractoflandherebydesignatedasthe“BobTract”lyingpartlyinside,andpartlyoutside,thecorporatelimitsoftheTownofEagle,Colorado,andbeingaportionofLots7and8,inBlock39,MayerAdditiontotheTownofEagle,Colorado,accordingtothePlatthereoffiledasReceptionNo.$8599andbeingalsodescribedasbeingaportionWestEagleAddition,aplatrecordedJanuary3,1977inBook251,Page288bothbeingrecordedintherecordsintheofficeoftheCountyClerkandRecorderoftheCountyofEagleintheStateofColorado,andalsobeingaportionoftheSE1/4oftheSE1/4oftheNW1/4ofSection5,inTownship5South,Range84Westofthe6thP.M.,accordingtothesurveyunderwhichPatentissuedAugust8,1890,andbecomingapartofTractNo.47insaidTownshipandRangeaccordingtotheIndependentResurveyapprovedbytheSurveyorGeneral’sOfficeJune20,1922,andacceptedbytheGeneralLandOfficeJune6,1923,moreparticularlydescribedasfollows:BeginningatCornerNo.1,anironpinwithawhiteplasticcap,setinconcrete,fromwhichAnglePointNo.7ofsaidTract47bearsS.22°45’50”E.486.18feetdistant;ThenceN.49°56’W.140.97feetofCornerNo.2,anironpinwithawhiteplasticcap,setinconcrete,onthesoutherlyboundaryofthatcertainPublicAlley,thePublicEasementandRightofWayforwhichwasconveyedbyJosephE.ChambersandEthelChamberstotheTownofEagle,AMunicipalCorporation,oftheCountyofEagleandStateofColorado,byWarrantyDeedrecordedasReceptionNo.91603inBook161atPage355oftherecordsintheofficeoftheCountyClerkandRecorderofsaidEagleCounty,ThenceN.40°04’E.112.43feetalongthesoutherlyedgeofsaidPublicAlleytoCornerNo.3,anironpinwithawhiteplasticcap,setinconcretenearafencecorner;Thence5.49°56’E.140.97feettoCornerNo.4,anironpinwithawhiteplasticcap,setinconcretenearafenceline;ThenceS.40°04’W.112.43feettoCornerNo.1,theplaceofbeginning.Forinformationalpurposesonly:APN:2109-051-21-003.37Rev.08/2014 ExhibitBtoEasementAgreement(LegalDescriptionofEasementArea)TherealpropertysituateintheCountyofEagle,StateofColorado,moreparticularlydescribedasfollows:ThelegaldescriptionoftheEasementArea(“EasementLegalDescription”)willbedeterminedbytheSurveyor.UponreceiptandapprovaloftheEasementLegalDescriptionbyCenturyLinkandBuyer,theEasementLegalDescriptionwillbeautomaticallysubstitutedforthisExhibitBintheformofEasementAgreementexecutedbythePartiesatClosing.38Rev.08/2014 EXHIBITETOPURCHASEANDSALEAGREEMENT(FormofLeadPaintDisclosure)(attached)39Rev.08/2014 Thep.i(edpartIe.1thIskezbrabee,appsradbtheC.dind.ReelEstatsCa..lrIea.(LP45-l-97)Lead-BasedPaintDisclosure(Sales)AttachmenttoContracttoBuyandSellRealEstateforthePropertyknownas:766CastleDrive,EagleCO8163174,WARNING!LEADFROMPMN1DUSANDSOILCANBEDANGEROUSIFNOTMANAGEDPROPERLYPenaltiesforfailuretocomplywithFederalLead-BasedPaintDisclosureLawsincludetreble(3times)damages,attorneyfees,costs,andapenaltyupto$10,000foreachviolation.DisclosureofInformationonLead-BasedPaintandIorLead-BasedPaintHazardsLeadWarningStatementEverypurchaserofanyinterestinresidentialrealpropertyonwhicharesidentialdwellingwasbuiltpriorto1978isnotifiedthatsuchpropertymaypresentexposuretoleadfromlead-basedpaintthatmayplaceyoungchildrenatriskofdevelopingleadpoisoning.Leadpoisoninginyoungchildrenmayproducepermanentneurologicaldamage,includinglearningdisabilities,reducedintelligencequotient,behavioralproblems,andimpairedmemory.Leadpoisoningalsoposesaparticularrisktopregnantwomen.TheSellerofanyinterestinresidentialrealpropertyisrequiredtoprovidethebuyerwithanyinformationonlead-basedpainthazardsfromriskassessmentsorinspectionsintheSeller’spossessionandnotifythebuyerofanyknownlead-basedpainthazards.Ariskassessmentorinspectionforpossiblelead-basedpainthazardsisrecommendedpriortopurchase.Seller’sDisclosuretoBuyerandRealEstateLicensee(s)andAcknowledgment(a)SelleracknowledgesthatSellerhasbeeninformedofSeller’sobligations.SellerisawarethatSellermustretainacopyofthisdisclosurefornotlessthanthreeyearsfromthecompletiondateofthesale.(b)Presenceoflead-basedpaintand/orlead-basedpainthazards(checkoneboxbelow):Sellerhasnoknowledgeofanylead-basedpaintand/orlead-basedpainthazardspresentinthehousing.0Sellerhasknowledgeoflead-basedpaintand/orlead-basedpainthazardspresentinthehousing(explain):(c)RecordsandreportsavailabletoSeller(checkoneboxbelow):HSellerhasnoreportsorrecordspertainingtolead-basedpaintand/orlead-basedpainthazardsinthehousing.0SellerhasprovidedBuyerwithallavailablerecordsandreportspertainingtolead-basedpaintand/orlead-basedpainthazardsinthehousing(listdocumentsbelow):Buyer’sAcknowledgment(d)BuyerhasreadtheLeadWarningStatementaboveandunderstandsitscontents.fe)Buyerhasreceivedcopiesofallinformation,includinganyrecordsandreportslistedbySellerabove.(1)Buyerhasreceivedthepamphlet“ProtectYourFamilyFromLeadinYourHome.”(g)Buyeracknowledgesfederallawrequiresthatbeforeabuyerisobligatedunderanycontracttobuyandsellrealestate,SellershallpermitBuyera10-dayperiod(unlessthepartiesmutuallyagree,inwriting,uponadillerentperiodoftime)toconductaoakassessmentorinspectionforthepresenceoflead-basedpaintand/orlead-basedpainthazards.(h)Buyer,afterhavingreviewedthecontentsofthisform,andanyrecordsandreportslistedbySeller,haselectedto(checkonebusbelow):CObtainariskassessmentoraninspectionofthePropertyforthepresenceoflead-basedpaintand/orlead-basedpainthazards,withinthetimeimitandunderthetermsofSectionl0ofthcContracttoBuyandSeliRealEstate;orCWaivetheopportunitytoconductariskassessmentorinspectionforthepresenceoflead-basedpaintand/orlead-basedpainthazards.RealEstateLicensee’sAcknowledgme.tEachrealestatelicenseesigningbelowacknowledgesreceiptoftheaboveSeller’sDiadoaurehasinformedSellerofSeller’sobligationsandisawareoflicensee’sresponsibilitytoensurecompliance.CertificationofAccuracyIccrtif’thatthestatementsIhavemadeareaccuratetothebestofmyknowledge.9..Lf______________________KenK.Barker,Director-RealEstate°aINKathyChandler-Henry,EagleCountyDLeTransactions&Analysis;CenturyTelCommissionerforEagleCountyHousingTeleviriegInc.dTh/nCenturyLinkandDevelopmentAuthorityNo.LP45/M.LEAD-RASEDPAINTDISCLOSURE(SALES)BradfordPublishing.1743WezeeSt..DenumCO80202—(303)292-2500—t.97 ProtectYourFamilyFromLeadinYourHomeUnitedStatesEnvironmentalProtectionAgencyUnitedStatesConsumerProductSafetyCommissionUnitedStatesDepartmentofHousingandUrbanDevelopmentSeptember2013 AreYouPlanningtoBuyorRentaHomeBuiltBefore1978?Didyouknowthatmanyhomesbuiltbefore1978havelead-basedpaint?Leadfrompaint,chips,anddustcanposeserioushealthhazards.Readthisentirebrochuretolearn:•Howleadgetsintothebody•Abouthealtheffectsoflead•Whatyoucandotoprotectyourfamily•WheretogoformoreinformationBeforerentingorbuyingapre-1978homeorapartment,federallawrequires:•Sellersmustdiscloseknowninformationonlead-basedpaintorlead-basedpainthazardsbeforesellingahouse.•Realestatesalescontractsmustincludeaspecificwarningstatementaboutlead-basedpaint.Buyershaveupto10daystocheckforlead.•Landlordsmustdiscloseknowninformationonlead-basedpaintandlead-basedpainthazardsbeforeleasestakeeffect.Leasesmustincludeaspecificwarningstatementaboutlead-basedpaint.Ifundertakingrenovations,repairs,orpainting(RRP)projectsinyourpre-1978homeorapartment:•ReadEPA’spamphlet,TheLead-SaleCertifiedGuidetoRenovateRight,tolearnaboutthelead-safeworkpracticesthatcontractorsarerequiredtofollowwhenworkinginyourhome(seepage12).4LE$11 SimpleStepstoProtectYourFamilyfromLeadHazardsIfyouthinkyourhomehaslead-basedpaint:•Don’ttrytoremovelead-basedpaintyourself.•Alwayskeeppaintedsurfacesingoodconditiontominimizedeterioration.•Getyourhomecheckedforleadhazards.Findacertifiedinspectororriskassessoratepa.gov/lead.•Talktoyourlandlordaboutfixingsurfaceswithpeelingorchippingpaint.•Regularlycleanfloors,windowsills,andothersurfaces.•Takeprecautionstoavoidexposuretoleaddustwhenremodeling.•Whenrenovating,repairing,orpainting,hireonlyEPA-orstate-approvedLead-Safecertifiedrenovationfirms.•Beforebuying,renting,orrenovatingyourhome,haveitcheckedforlead-basedpaint.•Consultyourhealthcareproviderabouttestingyourchildrenforlead.Yourpediatriciancancheckforleadwithasimplebloodtest.•Washchildren’shands,bottles,pacifiers,andtoysoften.•Makesurechildrenavoidfatty(orhighfat)foodsandeatnutritiousmealshighinironandcalcium.•Removeshoesorwipesoiloffshoesbeforeenteringyourhouse.1 LeadGetsintotheBodyinManyWaysAdultsandchildrencangetleadintotheirbodiesifthey:•Breatheinleaddust(especiallyduringactivitiessuchasrenovations,repairs,orpaintingthatdisturbpaintedsurfaces).•Swallowleaddustthathassettledonfood,foodpreparationsurfaces,andotherplaces.•Eatpaintchipsorsoilthatcontainslead.leadisespeciallydangeroustochildrenundertheageof6.•Atthisage,children’sbrainsandnervoussystemsaremoresensitivetothedamagingeffectsoflead.•Children’sgrowingbodiesabsorbmorelead.•Babiesandyoungchildrenoftenputtheirhandsandotherobjectsintheirmouths.Theseobjectscanhaveleaddustonthem.Womenofchildbearingageshouldknowthatleadisdangeroustoadevelopingfetus.•Womenwithahighleadlevelintheirsystembeforeorduringpregnancyriskexposingthefetustoleadthroughtheplacentaduringfetaldevelopment.2 HealthEffectsofLeadLeadaffectsthebodyinmanyways.itisimportanttoknowthatevenexposuretolowlevelsofleadcanseverelyharmchildren.Inchildren,exposuretoleadcancause:•Nervoussystemandkidneydamage•Learningdisabilities,attentiondeficitdisorder,anddecreasedintelligence•Speech,language,andbehaviorproblems•Poormusclecoordination•Decreasedmuscleandbonegrowth•HearingdamageProblemsWhilelow-leadexposureismostcommon,ReproductProblemsexposuretohighamountsofleadcanhaveAdultsdevastatingeffectsonchildren,includingseizures,unconsciousness,and,insomecases,death.Althoughchildrenareespeciallysusceptibletoleadexposure,leadcanbedangerousforadults,too.Inadults,exposuretoleadcancause:•Harmtoadevelopingfetus•Increasedchanceofhighbloodpressureduringpregnancy•Fertilityproblemsfinmenandwomen)•Highbloodpressure•Digestiveproblems•Nervedisorders•Memoryandconcentrationproblems•MuscleandjointpainBrainNerveDamage3 CheckYourFamilyforLeadGetyourchildrenandhometestedifyouthinkyourhomehaslead.Children’sbloodleadlevelstendtoincreaserapidlyfrom6to72monthsofage,andtendtopeakat18to24monthsofage.Consultyourdoctorforadviceontestingyourchildren.Asimplebloodtestcandetectlead.Bloodleadtestsareusuallyrecommendedfor:•Childrenatages1and2•Childrenorotherfamilymemberswhohavebeenexposedtohighlevelsoflead•ChildrenwhoshouldbetestedunderyourstateorlocalhealthscreeningplanYourdoctorcanexplainwhatthetestresultsmeanandifmoretestingwillbeneeded.4 WhereLead-BasedPaintIsFoundIngeneral,theolderyourhomeorchildcarefacility,themorelikelyithaslead-basedpaint.1Manyhomes,includingprivate,federally-assisted,federally-ownedhousing,andchildcarefacilitiesbuiltbefore1978havelead-basedpaint.In1978,thefederalgovernmentbannedconsumerusesoflead-containingpaint.2Learnhowtodetermineifpaintislead-basedpaintonpage7.Leadcanbefound:•Inhomesandchildcarefacilitiesinthecity,country,orsuburbs,•Inprivateandpublicsingle-familyhomesandapartments,Onsurfacesinsideandoutsideofthehouse,and•Insoilaroundahome.(Soilcanpickupleadfromexteriorpaintorothersources,suchaspastuseofleadedgasincars.)Learnmoreaboutwhereleadisfoundatepa.gov/lead.1“Lead-basedpaint”iscurrentlydefinedbythefederalgovernmentaspaintwithleadlevelsgreaterthanorequalto1.0milligrampersquarecentimeter(mg/cm),ormorethan0.5%byweight.2“Lead-containingpaint”iscurrentlydefinedbythefederalgovernmentasleadinnewdriedpaintinexcessof90partspermillion(ppm)byweight.5 IdentifyingLead-BasedPaintandLead-BasedPaintHazardsDeterioratinglead-basedpaint(peeling,chipping,chalking,cracking,ordamagedpaint)isahazardandneedsimmediateattention.Lead-basedpaintmayalsobeahazardwhenfoundonsurfacesthatchildrencancheworthatgetalotofwearandtear,suchas:•Onwindowsandwindowsills•Doorsanddoorframes•Stairs,railings,banisters,andporchesLead-basedpaintisusuallynotahazardifitisingoodconditionandifitisnotonanimpactorfrictionsurfacelikeawindow.Leaddustcanformwhenlead-basedpaintisscraped,sanded,orheated.Leaddustalsoformswhenpaintedsurfacescontainingleadbumporrubtogether.Leadpaintchipsanddustcangetonsurfacesandobjectsthatpeopletouch.Settledleaddustcanreentertheairwhenthehomeisvacuumedorswept,orwhenpeoplewalkthroughit.EPAcurrentlydefinesthefollowinglevelsofleadindustashazardous:•40microgramspersquarefoot(pg/ft2)andhigherforfloors,includingcarpetedfloors•250pg/ft2andhigherforinteriorwindowsillsLeadinsoilcanbeahazardwhenchildrenplayinbaresoilorwhenpeoplebringsoilintothehouseontheirshoes.EPAcurrentlydefinesthefollowinglevelsofleadinsoilashazardous:•400partspermillion(ppm)andhigherinplayareasofbaresoil•1,200ppm(average)andhigherinbaresoilintheremainderoftheyardRemember,leadfrompaintchips—whichyoucansee—andleaddust—whichyoumaynotbeabletosee—bothcanbehazards.Theonlywaytofindoutifpaint,dust,orsoilleadhazardsexististotestforthem.Thenextpagedescribeshowtodothis.6 CheckingYourHomeforLeadYoucangetyourhometestedforleadinseveraldifferentways:Alead-basedpaintinspectiontellsyouifyourhomehaslead-basedpaintandwhereitislocated.Itwon’ttellyouwhetheryourhomecurrentlyhasleadhazards.Atrainedandcertifiedtestingprofessional,calledalead-basedpaintinspector,willconductapaintinspectionusingmethods,suchas:•Portablex-rayfluorescence(XRE)machine•LabtestsofpaintsamplesAriskassessmenttellsyouifyourhomecurrentlyhasanyleadhazardsfromleadinpaint,dust,orsoil.Italsotellsyouwhatactionstotaketoaddressanyhazards.Atrainedandcertifiedtestingprofessional,calledariskassessor,will:•Samplepaintthatisdeterioratedondoors,windows,floors,stairs,andwalls•Sampledustnearpaintedsurfacesandsamplebaresoilintheyard•Getlabtestsofpaint,dust,andsoilsamplesAcombinationinspectionandriskassessmenttellsyouifyourhomehasanylead-basedpaintandifyourhomehasanyleadhazards,andwherebotharelocated.Besuretoreadthereportprovidedtoyouafteryourinspectionorriskassessmentiscompleted,andaskquestionsaboutanythingyoudonotunderstand.47 CheckingYourHomeforLead,continuedInpreparingforrenovation,repair,orpaintingworkinapre-1978home,Lead-SafeCertifiedrenovators(seepage12)may:•Takepaintchipsamplestodetermineiflead-basedpaintispresentintheareaplannedforrenovationandsendthemtoanEPA-recognizedleadlabforanalysis.Inhousingreceivingfederalassistance,thepersoncollectingthesesamplesmustbeacertifiedlead-basedpaintinspectororriskassessor•UseEPA-recognizedtestskitstodetermineiflead-basedpaintisabsent(butnotinhousingreceivingfederalassistance)•Presumethatlead-basedpaintispresentanduselead-safeworkpracticesTherearestateandfederalprogramsinplacetoensurethattestingisdonesafely,reliably,andeffectively.Contactyourstateorlocalagencyformoreinformation,visitepa.gov/lead,orcall7-800-424-LEAD(5323)foralistofcontactsinyourarea.3Hearing-orspeech-challengedindividualsmayaccessthisnumberthroughTTYbycallingtheFederalRelayServiceat1-800-877-8399.8 WhatYouCanDoNowtoProtectYourFamilyIfyoususpectthatyourhousehaslead-basedpainthazards,youcantakesomeimmediatestepstoreduceyourfamily’srisk:•Ifyourent,notifyyourlandlordofpeelingorchippingpaint.•Keeppaintedsurfacescleanandfreeofdust.Cleanfloors,windowframes,windowsills,andothersurfacesweekly.Useamoporspongewithwarmwaterandageneralall-purposecleaner.(Remember:nevermixammoniaandbleachproductstogetherbecausetheycanformadangerousgas.)•Carefullycleanuppaintchipsimmediatelywithoutcreatingdust.•Thoroughlyrinsespongesandmopheadsoftenduringcleaningofdirtyordustyareas,andagainafterward.•Washyourhandsandyourchildren’shandsoften,especiallybeforetheyeatandbeforenaptimeandbedtime.•Keepplayareasclean.Washbottles,pacifiers,toys,andstuffedanimalsregularly.•Keepchildrenfromchewingwindowsillsorotherpaintedsurfaces,oreatingsoil.•Whenrenovating,repairing,orpainting,hireonlyEPA-orstateapprovedLead-SafeCertifiedrenovationfirms(seepage12).•Cleanorremoveshoesbeforeenteringyourhometoavoidtrackinginleadfromsoil.•Makesurechildrenavoidfatty(orhighfat)foodsandeatnutritiousmealshighinironandcalcium.Childrenwithgooddietsabsorblesslead.9 ReducingLeadHazardsDisturbinglead-basedpaintorremovingleadimproperlycanincreasethehazardtoyourfamilybyspreadingevenmoreleaddustaroundthehouse.•Inadditiontoday-to-daycleaningandgoodnutrition,youcantemporarilyreducelead-basedpainthazardsbytakingactions,suchasrepairingdamagedpaintedsurfacesandplantinggrasstocoverlead-contaminatedsoil.Theseactionsarenotpermanentsolutionsandwillneedongoingattention.•Youcanminimizeexposuretoleadwhenrenovating,repairing,orpaintingbyhiringanEPA-orstate-certifiedrenovatorwhoistrainedintheuseoflead-safeworkpractices.Ifyouareado-it-yourselfer,learnhowtouselead—safeworkpracticesinyourhome.•Toremoveleadhazardspermanently,youshouldhireacertifiedleadabatementcontractor.Abatement(orpermanenthazardelimination)methodsincluderemoving,sealing,orenclosinglead-basedpaintwithspecialmaterials.Justpaintingoverthehazardwithregularpaintisnotpermanentcontrol.Alwaysuseacertifiedcontractorwhoistrainedtoaddressleadhazardssafely.•HireaLead-SafeCertifiedfirm(seepage12)toperformrenovation,repair,orpainting(RRP)projectsthatdisturbpaintedsurfaces.•Tocorrectleadhazardspermanently,hireacertifiedleadabatementprofessional.Thiswillensureyourcontractorknowshowtoworksafelyandhastheproperequipmenttocleanupthoroughly.Certifiedcontractorswillemployqualifiedworkersandfollowstrictsafetyrulesassetbytheirstateorbythefederalgovernment.10 ReducingLeadHazards,continuedIfyourhomehashadleadabatementworkdoneorlithehousingisreceivingfederalassistance,oncetheworkiscompleted,dustcleanupactivitiesmustbeconducteduntilclearancetestingindicatesthatleaddustlevelsarebelowthefollowinglevels:•40microgramspersquarefoot(pg/ft2)forfloors,includingcarpetedfloors•250ig/ft2forinteriorwindowssills•400jig/ft2forwindowtroughsForhelpinlocatingcertifiedleadabatementprofessionalsinyourarea,callyourstateorlocalagency(seepages14and15),orvisitepa.gov/lead,orcall7-800-424-LEAD.11 Renovating,Remodeling,orRepairing(RRP)aHomewithLead-BasedPaintIfyouhireacontractortoconductrenovation,repair,orpainting(RRP)projectsinyourpre-1978homeorchildcarefacility(suchaspre-schoolandkindergarten),yourcontractormust:•BeaLead-SafeCertifiedfirmapprovedbyEPAoranEPA-authorizedstateprogrampJ’J)\]jicIyrI•Usequalifiedtrainedindividuals(Lead-SafefJJTCertifiedrenovators)whofollowspecificlead-safeworkpracticestopreventleadcontamination•ProvideacopyofEPA’sleadhazardinformation______document,TheLead-SafeCertifiedGuidetoRenovateRightRRPcontractorsworkinginpre-1978homesandchildcarefacilitiesmustfollowlead-safeworkpracticesthat:•Containtheworkarea.Theareamustbecontainedsothatdustanddebrisdonotescapefromtheworkarea.Warningsignsmustbeputup,andplasticorotherimpermeablematerialandtapemustbeused.•Avoidrenovationmethodsthatgeneratelargeamountsoflead-contaminateddust.Somemethodsgeneratesomuchlead-contaminateddustthattheiruseisprohibited.Theyare:•Open-flameburningortorching•Sanding,grinding,planing,needlegunning,orblastingwithpowertoolsandequipmentnotequippedwithashroudandHEPAvacuumattachmentand•Usingaheatgunattemperaturesgreaterthan1100°F•Cleanupthoroughly.Theworkareashouldbecleanedupdaily.Whenalltheworkisdone,theareamustbecleanedupusingspecialcleaningmethods.•Disposeofwasteproperly.Collectandsealwasteinaheavydutybagorsheeting.Whentransported,ensurethatwasteiscontainedtopreventreleaseofdustanddebris.TolearnmoreaboutEPA’srequirementsforRRPprojectsvisitepa.gov/getleadsafe,orreadTheLead-SafeCertifiedGuideto12RenovateRight. Renovating,Remodeling,orRepairing(RRP)aHomewithLead-BasedPaintIfyouhireacontractortoconductrenovation,repair,orpainting(RRP)projectsinyourpre-1978homeorchildcarefacility(suchaspre-schoolandkindergarten),yourcontractormust:•BeaLead-SafeCertifiedfirmapprovedbyEPAoranEPA-authorizedstateprogram)VfrIFi•Usequalifiedtrainedindividuals(Lead-Safe.[4J’ZLflCertifiedrenovators)whofollowspecificlead-safeworkpracticestopreventleadcontamination•ProvideacopyofEPA’sleadhazardinformationdocument,TheLead-SafeCertifiedGuidetoRenovateRightRRPcontractorsworkinginpre-1978homesandchildcarefacilitiesmustfollowlead-safeworkpracticesthat:•Containtheworkarea.Theareamustbecontainedsothatdustanddebrisdonotescapefromtheworkarea.Warningsignsmustbeputup,andplasticorotherimpermeablematerialandtapemustbeused.•Avoidrenovationmethodsthatgeneratelargeamountsoflead-contaminateddust.Somemethodsgeneratesomuchlead-contaminateddustthattheiruseisprohibited.Theyare:•Open-flameburningortorching•Sanding,grinding,planing,needlegunning,orblastingwithpowertoolsandequipmentnotequippedwithashroudandHEPAvacuumattachmentandUsingaheatgunattemperaturesgreaterthan1100°F•Cleanupthoroughly.Theworkareashouldbecleanedupdaily.Whenalltheworkisdone,theareamustbecleanedupusingspecialcleaningmethods.•Disposeofwasteproperly.Collectandsealwasteinaheavydutybagorsheeting.Whentransported,ensurethatwasteiscontainedtopreventreleaseofdustanddebris.TolearnmoreaboutEPA’srequirementsforRRPprojectsvisitepa.gov/getleadsafe,orreadTheLead-SafeCertifiedGuideto12RenovateRight. OtherSourcesofLeadWhilepaint,dust,andsoilarethemostcommonsourcesoflead,otherleadsourcesalsoexist:•Drinkingwater.Yourhomemighthaveplumbingwithleadorleadsolder.Youcannotsee,smell,ortastelead,andboilingyourwaterwillnotgetridoflead.Ifyouthinkyourplumbingmightcontainlead:•Useonlycoldwaterfordrinkingandcooking.•Runwaterfor15to30secondsbeforedrinkingit,especiallyifyouhavenotusedyourwaterforafewhours.Callyourlocalhealthdepartmentorwatersuppliertofindoutabouttestingyourwater,orvisitepa.gov/leadforEPA’sleadindrinkingwaterinformation.•Leadsmeltersorotherindustriesthatreleaseleadintotheair.•Yourjob.Ifyouworkwithlead,youcouldbringithomeonyourbodyorclothes.Showerandchangeclothesbeforecominghome.Launderyourworkclothesseparatelyfromtherestofyourfamily’sclothes.•Hobbiesthatuselead,suchasmakingpotteryorstainedglass,orrefinishingfurniture.Callyourlocalhealthdepartmentforinformationabouthobbiesthatmayuselead.•Oldtoysandfurnituremayhavebeenpaintedwithlead-containingpaint.Oldertoysandotherchildren’sproductsmayhavepartsthatcontainlead.4•Foodandliquidscookedorstoredinleadcrystalorlead-glazedpotteryorporcelainmaycontainlead.•Folkremedies,suchas“greta”and“azarcon7usedtotreatanupsetstomach.In1978,thefederalgovernmentbannedtoys,otherchildren’sproducts,andfurniturewithlead-containingpaint(16CFR1303).In2008,thefederalgovernmentbannedleadinmostchildren’sproducts.Thefederalgovernmentcurrentlybansleadinexcessof100ppmbyweightinmostchildren’sproducts(76FR44463).13 ForMoreInformationTheNationalLeadInformationCenterLearnhowtoprotectchildrenfromleadpoisoningandgetotherinformationaboutleadhazardsontheWebatepa.gov/leadandhud.gov/lead,orcall7-800-424-LEAD(5323).EPA’sSafeDrinkingWaterHotlineForinformationaboutleadindrinkingwater,call7-800-426-4797,orvisitepa.gov/Ieadforinformationaboutleadindrinkingwater.ConsumerProductSafetyCommission(CPSC)HotlineForinformationonleadintoysandotherconsumerproducts,ortoreportanunsafeconsumerproductoraproduct-relatedinjury,call7-800-638-2772,orvisitCPSC’swebsiteatcpsc.govorsaferproducts.gov.StateandLocalHealthandEnvironmentalAgenciesSomestates,tribes,andcitieshavetheirownrulesrelatedtolead-basedpaint.Checkwithyourlocalagencytoseewhichlawsapplytoyou.Mostagenciescanalsoprovideinformationonfindingaleadabatementfirminyourarea,andonpossiblesourcesoffinancialaidforreducingleadhazards.Receiveup-to-dateaddressandphoneinformationforyourstateorlocalcontactsontheWebatepa.gov/lead,orcontacttheNationalLeadInformationCenterat7-800-424-LEAD.Heating-orspeech-challengedindividualsmayaccessanyofthephonenumbersinthisbrochurethroughflYbycallingthetollfreeFederalRelayServiceat7-800-877-8339.14 U.S.EnvironmentalProtectionAgency(EPA)RegionalOfficesThemissionofEPAistoprotecthumanhealthandtheenvironment.YourRegionalEPAOfficecanprovidefurtherinformationregardingregulationsandleadprotectionprograms.Region1(Connecticut,Massachusetts,Maine,Region6(Arkansas,Louisiana,NewMexico,NewHampshire,RhodeIsland,Vermont)Oklahoma,Texas,and66Tribes)RegionalLeadContactRegionalLeadContactU.S.EPARegion1U.S.EPARegion65PostOfficeSquare,Suite100,OES05-41445RossAvenue,12thFloorBoston,MA02109-3912DaIlas,TX75202-2733(888)372-7341(214)665-2704Region2(NewJersey,NewYork,PuertoRico,Region7(Iowa,Kansas,Missouri,Nebraska)VirginIslands)RegionalLeadContactRegionalLeadContactU.S.EPARegion7U.S.EPARegion211201RennerBlvd.2890WoodbridgeAvenueWWPD/TOPEBuilding205,MailStop225Lenexa,KS66219Edison,NJ08837-3679(800)223-0425(732)321-6671Region8(Colorado,Montana,NorthRegion3(Delaware,Maryland,Pennsylvania,Dakota,SouthDakota,Utah,Wyoming)Virginia,DC,WestVirginia)RegionalLeadContactRegionalLeadContactU.S.EPARegion8U.S.EPARegion31595WynkoopSt.1650ArchStreetDenver,CO80202Philadelphia,PA19103(303)312-6966(215)814-2088Region9(Arizona,California,Hawaii,Region4(Alabama,Florida,Georgia,Nevada)Kentucky,Mississippi,NorthCarolina,SouthRegionalLeadContactCarolina,Tennessee)U.S.EPARegion9(CMD-4-2)RegionalLeadContact75HawthorneStreetU.S.EPARegion4SanFrancisco,CA94105AFCTower,12thFloor,Air,Pesticides&Toxics(415)947-428061ForsythStreet,SWAtlanta,GA30303Region10(Alaska,Idaho,Oregon,(404)5628998Washington)Regional LeadContactRegion5(Illinois,Indiana,Michigan,USEPARegion10Minnesota,Ohio,Wisconsin)SoldWaste&ToxicsUnit(WCM-128)RegionalLeadContact1200SixthAvenue,Suite900U.S.EPARegion5(DT-8J)Seattle,WA9810177WestJacksonBoulevard(206)553-1200Chicago,IL60604-3666(312)886-783615 ConsumerProductSafetyCommission(CPSC)TheCPSCprotectsthepublicagainstunreasonableriskofinjuryfromconsumerproductsthrougheducation,safetystandardsactivities,andenforcement.ContactCPSCforfurtherinformationregardingconsumerproductsafetyandregulations.cpsc4330EastWestHighwayBethesda,MD20814-44211-800-638-2772cpsc.govorsaferproducts.govU.S.DepartmentofHousingandUrbanDevelopment(HUD)HUD’smissionistocreatestrong,sustainable,inclusivecommunitiesandqualityaffordablehomesforall.ContactHUD’sOfficeofHealthyHomesandLeadHazardControlforfurtherinformationregardingtheLeadSafeHousingRule,whichprotectsfamiliesinpre-1978assistedhousing,andfortheleadhazardcontrolandresearchgrantprograms.HUD451SeventhStreet,SW,Room8236Washington,DC20410-3000(202)402-7698hud.gov/offices/lead/Thisdocumentisinthepublicdomain.Itmaybeproducedbyanindividualororganizationwithoutpermission.Informationprovidedinthisbookletisbaseduponcurrentscientificandtechnicalunderstandingoftheissuespresentedandisreflectiveofthejurisdictionalboundariesestablishedbythestatutesgoverningtheco-authoringagencies.Followingtheadvicegivenwillnotnecessarilyprovidecompleteprotectioninallsituationsoragainstallhealthhazardsthatcanbecausedbyleadexposure.U.S.EPAWashingtonDC20460LPA-747-K-12-001U.S.CPSCBethesdaMD20814September2013U.S.HUDWashingtonDC2041016 IMPORTANT!LeadFromPaint,Dust,andSoilinandAroundYourHomeCanBeDangerousifNotManagedProperly•Childrenunder6yearsoldaremostatriskforleadpoisoninginyourhome.•Leadexposurecanharmyoungchildrenandbabiesevenbeforetheyareborn.•Homes,schools,andchildcarefacilitiesbuiltbefore1978arelikelytocontainlead-basedpaint.•Evenchildrenwhoseemhealthymayhavedangerouslevelsofleadintheirbodies.•Disturbingsurfaceswithlead-basedpaintorremovinglead-basedpaintimproperlycanincreasethedangertoyourfamily.•Peoplecangetleadintotheirbodiesbybreathingorswallowingleaddust,orbyeatingsoilorpaintchipscontaininglead.•Peoplehavemanyoptionsforreducingleadhazards.Generally,lead-basedpaintthatisingoodconditionisnotahazard(seepage10).