HomeMy WebLinkAboutC20-461 Walking Mountains SweetwaterAGREEMENT BETWEEN EAGLE COUNTY, COLORADO AND WALKING MOUNTAINS FOR THE SWEETWATER CAMPUS CONSERVATION EASEMENT (776 SWEETWATER ROAD) THIS FUNDING AGREEMENT (hereinafter “Agreement”) is made _____________________, by and between Eagle County, Colorado, a body corporate and politic, (“County”) and Walking Mountains, a Colorado non-profit corporation (“Walking Mountains”). The County and Walking Mountains shall together be referred to as the “Parties”. The following exhibits are attached hereto and are incorporated into this Agreement by reference: Exhibit A - Description of Walking Mountains Conservation Easement Property Exhibit B - Land Survey Plat of Walking Mountains Conservation Easement Property RECITALS WHEREAS, in 2002 voters in Eagle County approved Referendum lH establishing earmarked funding for the purpose of acquiring, maintaining or permanently preserving open space; and WHEREAS, as a result of Referendum 1H, County has established an "Open Space Program" which acquires and/or protects open space throughout Eagle County, Colorado; and WHEREAS, Eagle County Resolution No. 2016-064 implementing the Open Space Program, permits the acquisition, maintenance or permanent preservation of open space and associated natural, pastoral wildlife, conservation or public access values of lands, conservation easements or other interests in land acquired by County, alone or in association with other entities; and WHEREAS, Walking Mountains is a Colorado non-profit corporation and desires to enter into this Agreement and receive funding through the Eagle County Open Space Program so that it may protect, through a perpetual conservation easement, lands that are otherwise at risk for development and such preservation will benefit the citizens of Eagle County; and WHEREAS, Walking Mountains owns a 224-acre parcel located at 776 Sweetwater Road (as described in Exhibit A and depicted on Exhibit B) (the “Property”) in Eagle County, Colorado, and desires to place a conservation easement on it (the “Project”), to be held by Eagle Valley Land Trust (“Trust”); and WHEREAS, Trust is a Colorado non-profit corporation qualified to hold conservation easements in the state of Colorado; and WHEREAS, Eagle County supports the grant of a conservation easement to protect 224 acres of DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC 12/29/2020 C20-461 land in Eagle County for conservation purposes, including protection of open space, scenic vistas and wildlife habitat, which will result in significant public benefit with value equal to or exceeding the amount of the County’s contribution to the conservation easement; and WHEREAS, Walking Mountains will donate any remaining portion of the conservation easement value and will own and manage the Property at its expense; and WHEREAS, Trust has agreed to hold the conservation easement on the Property and to be responsible for long-term monitoring which will ensure the permanent protection of the Property’s conservation values; and WHEREAS, on November 10, 2020 the Eagle County Board of County Commissioners adopted Resolution No. R20-91 authorizing the use of Open Space Funds to in the amount of Three Hundred Fifty Thousand Dollars ($350,000) to fund a portion of the conservation easement, subject to satisfaction of any due diligence and execution of a funding agreement with Walking Mountains, setting forth the details for funding the transaction in a form acceptable to Eagle County no later than December 31, 2020; and WHEREAS, any funds of the Open Space Program provided to Walking Mountains under this Agreement shall be used solely for the purchase of the conservation easement and associated costs all subject to the terms and conditions set forth herein. AGREEMENT NOW THEREFORE, in consideration of mutual promises and covenants contained in this Agreement, the Parties agree as follows: 1. Incorporation of Recitals. The recitals set forth above are hereby incorporated into the terms of this Agreement. 2. Representations and Warranties. a. Walking Mountains is a non-profit corporation organized in accordance with the laws of the State of Colorado and has full and lawful authority to enter into, and comply with the terms of this Agreement. b. Walking Mountains, by its signature below, hereby represents and warrants that its governing body has approved the terms and conditions of this Agreement and that the person signing below on behalf of Walking Mountains has full authority to do so. 3. Property Interest. Walking Mountains will grant a perpetual conservation easement encumbering 776 Sweetwater Road to the Trust, the form of which shall be satisfactory to the County in its sole discretion prior to funding. DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC 4. Funding. a. Subject to the terms and conditions set forth in this Agreement, the County, through its Open Space Program, agrees to fund an amount not to exceed Three-Hundred Fifty Thousand Dollars ($350,000) (hereinafter the “Funds”) towards the costs associated with completion of the preservation of the Property through a conservation easement. Specifically, the Funds are comprised of Two-Hundred Seventy Thousand Dollars ($270,000) toward the purchase of the conservation easement, and up to Forty-Five Thousand Dollars ($45,000) toward the Transaction Costs (defined below), Stewardship Costs (defined below) and Trust's Project Fee (defined below). "Transaction Costs" mean those expenses incurred by Walking Mountains during the purchase of the conservation easement to include, baseline report, mineral assessment, environmental review, survey, title insurance and legal expenses. "Stewardship Costs" mean the Trust's stewardship and legal defense fund fees in the fixed sum of $22,386 and "Trust's Project Fee" means the fixed sum of $12,500. b. Walking Mountains shall not materially modify the Project without the prior written approval of County, such approval to be in County's sole discretion. Any Material Modification (defined below) to the Project undertaken without County's consent may be deemed a breach of this Agreement by County, entitling County to all remedies available under this Agreement. If Walking Mountains determines with reasonable probability that the Project will not or cannot be completed as reflected herein, Walking Mountains shall promptly so advise the Eagle County Open Space Director, and cooperate in good faith to seek a resolution before any Funds are advanced. 5. Walking Mountains Efforts. Walking Mountains shall complete the Project in a timely fashion, consistent with this Agreement and County's approvals related to the Project. 6. Completion Date. Walking Mountains shall complete the Project no later than March 31, 2021 ("Completion Date"). Walking Mountains may request an extension of the Completion Date which may be granted in the County's sole discretion. If Walking Mountains determines with reasonable probability that the Project will not or cannot be completed by the Completion Date or any extended completion date, Walking Mountains will promptly so advise the Eagle County Open Space Director, and cooperate in good faith to seek a resolution before any Funds or further Funds are advanced. 7. Other Funds or In-Kind Contribution. The remaining appraised value of the conservation easement will be donated by Walking Mountains to Trust as an additional contribution to the Project. 8. Disbursement of Funds. Closing shall occur at a date and time mutually agreeable to the County and Walking Mountains, at the offices of a title company approved by the County (the "Closing"). Subject to the terms and conditions set forth herein, the County shall disburse Funds required for DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC the Project either to the title company, or in the discretion of the County, as a reimbursement to Walking Mountains at Closing. 9. Conditions Precedent for Disbursement of Funds. Disbursement of Funds are contingent upon the following conditions having been satisfied: a. Notwithstanding anything to the contrary herein, the County's contribution of the Funds set forth in paragraph 4 above, are subject to review and approval of the Project by the Open Space Advisory Committee and the Eagle County Board of County Commissioners in a public meeting. Nothing herein shall be deemed pre-approval by the Open Space Advisory Committee or Eagle County Board of County Commissioners. b. Further, any contribution of Funds by the County is subject to its satisfactory due diligence review, as determined by the County in its sole discretion, which may include, but not be limited to, review of surveys, title commitments, appraisals, environmental inspection reports as approved by the County, mineral remoteness reviews and evaluations of any water rights, if any, associated with the Project. Due diligence review will also include review and approval of the forms of conservation easements, baseline reports, management plans, title insurance policies and any other documents associated with the Project. Walking Mountains shall provide such documents, materials or information as the County may reasonably request in the conduct of its due diligence. The results of the County's due diligence review must be satisfactory to the County as determined by the County in its sole discretion. c. The Parties agree that County shall be entitled to review and approve the form of conservation easement to be recorded against the Property. Walking Mountains agrees that in addition to any revisions that may result from the County's review and approval of the conservation easement, the County also requires that the following concepts be included in the Conservation Easement: (i) the County shall be entitled to review and approve the designated building envelope on the Property; (ii) the County shall be entitled to review and approve language relating to wildlife habitat management, including seasonal wildlife closures; (iii) the County shall be entitled to a copy of any report generated in connection with resource management; (iv) the County shall not have any right or ability to exercise physical or managerial control in connection with and shall not be responsible for hazardous materials; (v) the County shall have no liability in connection with the conservation easement as a result of its role as a funder; (vi) the County shall be notified of and will receive copies of documents associated with any violations or enforcement matters occurring under the conservation easement, although the County shall not be required to participate in mediation or enforcement matters; (vii) the County shall receive notice and be required to approve any transfer of the conservation easement by Trust and its successors; (viii) the County shall be entitled to notice, compensation, and a right, but not the obligation, to participate in any condemnation or other proceeding to terminate the conservation easement, in whole or in part; (ix) Trust shall be entitled to compensation in DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC connection with condemnation, termination and extinguishment of the conservation easement; (x) the County shall receive notice and copies of any submittals for requests for approval from Trust and related approvals or rejections; (xi) the County shall be included in the notice provision of the conservation easement; (xii) the County shall be entitled to notice and approval rights in connection with any assignment, merger, modification or amendment of the conservation easement; (xiii) the County shall be a third party beneficiary as to those rights specifically granted to it under the conservation easement; (xiv) the County shall be entitled to appropriate hold harmless provisions in the conservation easement; (xv) the County shall be entitled to notice but shall have no obligation to participate in mediation. d. If all or any portion of the Property is condemned through judicial proceedings or in any other manner, the Parties agree that the first $270,000 of any of the proceeds paid to Walking Mountains and Trust shall be paid to the County. All such proceeds shall be used in a manner consistent with the conservation purposes of the Walking Mountains conservation easement. e. The County is entitled to review and approve signage that shall be located on the Property acknowledging participation by the Eagle County Open Space Program. f. Except as otherwise agreed to in advance by the County in accordance with the terms of this Agreement, no material modifications may be made to the Project. Material modifications to the Project to which the County has not agreed to may result in changes to or a reduction or termination of funding. Material modifications may include, but are not necessarily limited to, an increase or a reduction in the total cost of the Project, a change in the size of the conservation easements or change in the uses permitted within the conservation easements. Carrying out the approved activities and uses in the Special Use Permit approved by County will not constitute material modification of the Project. It is the sole responsibility of Walking Mountains to inform the County of any such modifications to the Project. The County strongly encourages Walking Mountains to contact the County in writing when it becomes aware of or wishes to make any modifications to the Project, however seemingly minor. 10. Payment of Funds Subject to Sufficient Open Space Funds. Payment of the Funds is subject to the County's determination in its sole discretion that it has received and has available sufficient funds in the Open Space Program to fund the Project. Further, funding the Project is subject to the Funds being budgeted and appropriated for the Project by the Board of County Commissioners. Notwithstanding anything to the contrary contained in this Agreement, no payment will be made for any period after December 31st of any calendar year without the written approval in accordance with a budget adopted by the Eagle County Board of County Commissioners in compliance with the provisions of Article 25, Title 30 of the Colorado Revised Statutes, the Local Government Budget Law (C.R.S. § 29-1-101 et seq.) and the TABOR Amendment (Colorado Constitution, Article X, Sec. 20). DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC 11. Project Operation and Maintenance. a. The Conservation Easement shall require that Trust inspect the Walking Mountains Conservation Easement Property at least once every calendar year and ensure compliance with the terms of the conservation easement all in accordance with best practices established by the Land Trust Alliance. Walking Mountains shall ensure that Trust provides the County with a copy of its annual monitoring reports within thirty (30) days of completing the annual monitoring of the Property. b. The County shall not be liable for any cost of maintenance, management, operation or stewardship related to the Property or any enforcement action under the terms of the conservation easement. c. Within sixty (60) days of reasonable request by the County, Walking Mountains shall ensure that Trust provides the County with adequate records reflecting the operation and maintenance and stewardship by Trust of the Walking Mountains Conservation Easement and provides the County with such other information concerning the Project as the County may request. 12. Compliance with Regulatory Requirements and Federal, State and County Mandates. Walking Mountains hereby assumes responsibility for Walking Mountain’s compliance with all regulatory requirements in all applicable areas, including but not limited to nondiscrimination, worker safety, local labor preferences, preferred vendor programs, equal employment opportunity, use of competitive bidding, permits, approvals, and other similar requirements. To the extent permitted by law, Walking Mountains will indemnify and hold the County harmless from any liability for any failure by Walking Mountains to comply with the applicable requirements. 13. Nondiscrimination. During the performance of this Agreement, Walking Mountains and its contractors, subcontractors and agents shall not unlawfully discriminate against any employee or applicant for employment because of race, religion, color, national origin, ancestry, physical handicap, medical condition, marital status, age or sex, or any other basis prohibited by local, state or federal law. Walking Mountains and its contractors shall ensure that the evaluation and treatment of their employees and applicants for employment are free of such discrimination. Further, during the performance of this Agreement, Walking Mountains and anyone acting on behalf of Walking Mountains shall not engage in any unlawful discrimination in permitting access and use of the Project. 14. Publicity and Project Information. a. County or Walking Mountains may erect and maintain a sign at a prominent location on the Property acknowledging the funding assistance of the Eagle County Open Space Program and Eagle County. The County will provide reproducible samples of its logo to DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC Walking Mountains for such signs if erected by Walking Mountains. b. Walking Mountains will acknowledge funding through the County Open Space Program in all publicity issued by it concerning the Project. The Parties further agree to coordinate and agree in advance as to the form and content of any publicity. c. Walking Mountains shall cooperate with the County and Trust in advance in preparing public information pieces related to the Project. d. Walking Mountains will give the County the right and opportunity to use information gained from the Project. e. Walking Mountains will give the County a minimum of 30 days' notice of Project dedications. f. At no time shall Walking Mountains represent in any manner to the public that it is affiliated with the County or acting on behalf of the County. 15. Liability. a. Walking Mountains shall be responsible for and indemnify, defend and hold harmless the County, its officers, agents and employees from any and all liabilities, claims, demands, damages or costs (including reasonable legal fees) resulting from, growing out of, or in any way connected with or incident to Walking Mountains’ performance of this Agreement. Walking Mountains hereby waives any and all rights to any type of express or implied indemnity or right of contribution from the County, the Eagle County Board of County Commissioners, the Eagle County Open Space Program, their officers, agents or employees, from any liability resulting from, growing out of, or in any way connected with or incident to this Agreement. Walking Mountains acknowledges that Trust is or will be the holder of the conservation easement and that the County neither possesses nor controls the operations thereunder. b. Anything else in this Agreement to the contrary notwithstanding, no term or condition of this Agreement shall be construed or interpreted as a waiver, either express or implied, of any of the immunities, rights, benefits or protection provided to the County under the Colorado Governmental Immunity Act as amended or as may be amended in the future (including, without limitation, any amendments to such statute, or under any similar statute which is subsequently enacted). 16. Audits and Accounting. Walking Mountains shall maintain standard financial accounts, documents, and records relating to the use, management and operation of the Project. The accounts, documents, and records relating to the Project shall be retained by Walking Mountains for not less than seven (7) years following the date of disbursement of Funds under this Agreement. DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC The County, or its designated agent, shall have the right, upon reasonable notice to Walking Mountains, to audit the books and records of Walking Mountains which pertain to the Project and to the use and disposition of the Funds. Walking Mountains shall use reasonable and appropriate accounting systems in maintaining the required records hereunder. 17. Inspection. The County shall have the right to inspect the Project to ascertain compliance with this Agreement. 18. Withdrawal of Funding; Termination of Agreement. Anything else in this Agreement or otherwise to the contrary, notwithstanding, the County may withdraw, in whole or in part, the Funds and/or terminate this Agreement, and/or seek a refund of payments already made if the County determines in its discretion that: a. Facts have arisen or situations have occurred that fundamentally alter the expectations of the Parties or make the purposes for which the Funds were provided infeasible or impractical; b. Any material modifications in the scope or nature of the Project have occurred from that which was presented to the County at the time the funding request was made and such material modifications have not received the prior written approval of the County; c. Any statement or representation made in a presentation to Eagle County Open Space Advisory Committee or Eagle County Board of County Commissioners is untrue, inaccurate or incomplete in any material respect; d. The Project will not or cannot be completed by the Completion Date or any extensions granted thereto or delays in the implementation of the Project have occurred which, in the County’s judgment make the Project impracticable; e. The Project cannot or will not be completed with the Funds provided or any approved modifications; f. Conditions precedent to funding have not been fulfilled or are unsatisfactory as determined by the County in its sole discretion; g. Sufficient funds from the Open Space Program are not available to fund the Project. 19. Breach. In the event Walking Mountains breaches any of the terms, covenants, representations or conditions of this Agreement, the County may elect to enforce any and all remedies available at law or in equity, including without limitation any of the following: a. Prior to payment of the Funds: DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC i. Withdraw and terminate this Agreement; and ii. Deny Trust Walking Mountains eligibility from participation in future Eagle County Open Space projects and funds. b. After payment (full or partial) of Funds: iii. Deny Walking Mountains’ eligibility from participation in future Eagle County Open Space projects and funds; iv. Seek specific performance of Waking Mountains’ obligations under this Agreement; v. Receive reimbursement in full of Funds disbursed hereunder. c. The foregoing remedies are cumulative and may be exercised independently or in combination and are not exclusive to one another or to any other remedies available at law or in equity. 20. Assignment. Walking Mountains may not assign its rights under this Agreement without the consent of the County, which consent shall be in the sole discretion of the County. 21. Miscellaneous Provisions. a. If any part, term, or provision of this Agreement is held by a court of competent jurisdiction to be illegal or in conflict with any federal law or law of the State of Colorado, the validity of the remaining portions or provisions shall not be affected, and the rights and obligations of the Parties hereto shall be construed and enforced as if the Agreement did not contain the particular part, term or provision held to be invalid. b. Nothing in this Agreement is intended to create or grant to any third party or person any right or claim for damages or the right to bring or maintain any action at law. c. This Agreement is intended as the complete integration of all understandings between the Parties and constitutes the entire agreement between the Parties hereto. d. This Agreement may be changed or modified by written agreement of the Parties. e. Any notices or other communications required or permitted to be given hereunder shall be given in writing and delivered personally, by U.S. mail, or by electronic mail to the attention of the individuals below, or to such other addresses as either party designates by written notice. Notice shall be deemed given on the date of personal delivery or electronic mailing, or five (5) days from the date of mailing by U.S. mail. Notice to Eagle County: Katherine King, Open Space Director P.O. Box 850 DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC 500 Broadway Eagle, CO 81361 Katherine.King@eaglecounty.us with a copy to: Eagle County Attorney’s Office P.O. Box 850 500 Broadway Eagle, CO 81361 #atty@eaglecounty.us Notice to Walking Mountains: Markian Feduschak, President Walking Mountains P.O. Box 9469 Avon, CO 81620 markianf@walkingmountains.org f. Although Eagle County may fund a portion of the Project as described in this Agreement, nothing in this Agreement shall be construed to mean that any land use approvals required as a condition of Closing or later desired by the owner of the Property have been given approval by Eagle County in its governmental capacity. Owner of the Property or Walking Mountains, as applicable, shall be solely responsible for obtaining all approvals necessary for Closing or the lawful use of the Property. Nothing herein shall be considered pre-approval by Eagle County of the same. g. Any provisions of this Agreement which require observance or performance after the date of Closing on the conservation easement shall continue in force and effect following the date of Closing. h. This Agreement shall be governed by the laws of the State of Colorado and venue for any dispute hereunder shall lie exclusively in the Eagle County District Court. i. Nothing in this Agreement shall be construed to create a joint venture, partnership, employer/employee relationship between the Parties hereto other than independent contracting parties. j. Each party hereto has reviewed this Agreement and any usual rules of construction requiring that ambiguities are to be resolved against a particular party shall not be applicable in the construction and interpretation of this Agreement. k. The failure of either party to enforce a term hereof shall not be deemed a waiver of such term or right of enforcement as to that breach or any subsequent breach of the same, similar or DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC different nature. No waiver shall be enforceable unless signed by the party against whom the waiver is sought to be enforced. l. A memorandum of this Agreement shall be recorded in the real estate records of Eagle County, Colorado. 22. Prohibitions on Government Contracts. As used in this paragraph 23, the term undocumented individual will refer to those individuals from foreign countries not legally within the United States as set forth in C.R.S. § 8-17.5-101, et. seq. If Walking Mountains has any employees or subcontractors, Walking Mountains shall comply with C.R.S. § 8-17.5-101, et. seq., and this Agreement. By execution of this Agreement, Walking Mountains certifies that it does not knowingly employ or contract with an undocumented individual who will perform under this Agreement and that Walking Mountains will participate in the E-verify Program or other Department of Labor and Employment program (“Department Program”) in order to confirm the eligibility of all employees who are newly hired for employment to perform under this Agreement. a. Walking Mountains shall not: i. Knowingly employ or contract with an undocumented individual to perform under this Agreement; or ii. Enter into a subcontract that fails to certify to Walking Mountains that the subcontractor shall not knowingly employ or contract with an undocumented individual to perform work under the public contract. b. Walking Mountains has confirmed the employment eligibility of all employees who are newly hired for employment to perform under this Agreement through participation in the E-Verify Program or Department Program, as administered by the United States Department of Homeland Security. Information on applying for the E-verify program can be found at: https://www.e-verify.gov/ c. Walking Mountains shall not use either the E-verify program or other Department Program procedures to undertake pre-employment screening of job applicants while the public contract is being performed. d. If Walking Mountains obtains actual knowledge that a subcontractor performing work under the public contract knowingly employs or contracts with an undocumented individual, Contractor shall be required to: i. Notify the subcontractor and the County within three (3) days that Walking Mountains has actual knowledge that the subcontractor is employing or contracting with an undocumented individual; and DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC ii. Terminate the subcontract with the subcontractor if within three days of receiving the notice required pursuant to subparagraph (i) of the paragraph (d) the subcontractor does not stop employing or contracting with the undocumented individual; except that Walking Mountains shall not terminate the contract with the subcontractor if during such three (3) days the subcontractor provides information to establish that the subcontractor has not knowingly employed or contracted with an undocumented individual. e. Walking Mountains shall comply with any reasonable request by the Department of Labor and Employment made in the course of an investigation that the department is undertaking pursuant to its authority established in C.R.S. § 8-17.5-102(5). f. If Walking Mountains violates these prohibitions, County may terminate the Agreement for breach of contract. If the Agreement is so terminated specifically for breach of this provision of this Agreement, Contractor shall be liable for actual and consequential damages to the County as required by law. g. The County will notify the Colorado Secretary of State if Walking Mountains violates this provision of this Agreement and the County terminates the Agreement for such breach. IN WITNESS WHEREOF, this Agreement is executed and entered into the day and year first above written. WALKING MOUNTAINS a Colorado non-profit corporation By: ___________________________ Markian Feduschak, President COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS By: ______________________________ Kathy Chandler-Henry, Chair Attest: By: _________________________________ Regina O’Brien, Clerk to the Board DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC Exhibit A (Legal Description of Property) DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC EXHIBIT ALEGAL DESCRIPTION PARCEL N0. 1: Lots 2, 3 and 4 and the SW 1/4 of the NE 1/4 of Section 8, in Township 4 south, Range 86 West of the 6th P.M., according to the survey under which patent issued April 12, 1951. PARCEL NO. 2: That portion of Tract 43 (according to the Independent Resurvey of Township 4 South, Range 86 West of the 6th P.M.) and of Lot 16 lying Westerly of a line extended due South from Corner Number 8 of said Tract 43 to said line's point of intersection with the South line of Lot 16 in Sections 4, 5, 8, and 9, Township 4 South, Range 86 West of the 6th P.M. EXCEPTING AND EXCLUDING THEREFROM: All the land described on the Anderson Exemption Plat, recorded March 10, 1982 in Book 337 at Page 486 as Reception No. 233838. FURTHER EXCEPTING FROM BOTH PARCELS AND SUBJECT TO: The conveyance of a certain strip of land by W. A. Maxfield to the County of Eagle, State of Colorado, by Warranty Deed recorded in Book 72 at Page 454 of the records of the Eagle County Clerk and Recorder. Also described by metes and bounds as follows: The Northeast 1/4 of Section 8 and a part of Tract 42, in Sections 4, 5, 8, and 9, Township 4 South, Range 86 West, being more particularly described as follows: Beginning at a found 2-1/2" diameter USGLO brass cap monument properly marked for the North 1/4 Corner of said Section 8; thence along the North line of said Section 8 and the South line of Lot B, Lawridge Subdivision, First Amendment, according to the plat thereof recorded at Reception No. 884785 S89°59'43"E, 790.67 feet to a found 3-1/2" diameter aluminum cap stamped "28267" and properly marked for the Closing Corner of the North line of the Northeast 1/4 of said Section 8 on the 2-3 line of said Tract 43; thence along the 3-2 line of said Tract 43 and the boundary of said Lot B N00°28'59"W, 381.17 feet to a found 2-1/2" diameter USGLO brass cap monument properly marked for Corner 2 of said Tract 43; thence along the 2-1 line of said Tract 43 and the South line of said Lot B (and referring all bearings contained herein to said line) N89°56'01 "E, 1528.81 feet to intersect the centerline of Sweetwater Creek and a point on the West line of Parcel B, Anderson Exemption according to the plat thereof recorded in Book 337 at Page 486; thence along the boundary of said Parcel B the following ten (10) courses: 1)S18°42'06"E, 167.39 feet; 2)S57°20'08"E, 203.35 feet; 3)S48°58'52"E, 156.20 feet; 4)S72°43'51 "E, 74.80 feet; 5)N85°29'16"E, 78.82 feet; 6)N89°13'23"E, 103.54 feet; 7)N50°39'07"E, 56.93 feet; 8)N29°23'53"E, 48.58 feet; 9)N29°25'43"W, 122.83 feet; 10)N18°11'14"E, 11.24 feet to a point on the South line of Sweetwater Road (50' wide) according to said plat of Anderson Exemption; thence along said line the following five (5) courses: 1)57.91 feet along the arc of a non-tangent curve to the left having a radius of 501.36 feet, a central angle of 06°37'06" and a chord which bears S78°56'59E", 57.88 feet; 2)S82°15'32"E, 162.33 feet; 3)321.10 feet along the arc of a curve to the right having a radius of 304.12 feet, a central angle of 60°29'40" and a chord which bears S52°00'43"E, 306.39 feet; 4)S21°45'54"E, 27.85 feet; 5)N68°14'06"E, 52.01 feet to a point on the 1-8 line of said Tract 43; thence along said 1-8 line S00°01'18"E, 898.07 feet to a found 3-1/2" diameter aluminum cap stamped "23508, 1992" and properly marked for Corner 8 of said Tract 43; thence along the southerly extension of said 1-8 line S00°01'18"E, 1702.83 feet to a point on the South line of USGLO Lot 16 and a point on the South line of the Northwest 1/4 of said Section 9; thence along said line N89°57'52"W, 806.94 feet to a found 1-1/2" diameter aluminum cap stamped "LS 11204" marking the East 1/4 Corner of said Section 8; thence S89°51 '18"W, 2631.67 feet to the Center 1/4 Corner of said Section 8; thence N00°04'48"W, 2641.66 feet to the Point of Beginning. County of Eagle, State of Colorado. also known by street and nwnber as: Vacant Land, Sweetwater, CO 81637 DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC Exhibit B (Land Survey Plat of Property) DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC EXHIBIT B. DocuSign Envelope ID: F21A79DC-96C6-4ADA-BD08-9A3B4A2231DC