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01-27-2015 Prater Lane Play School Revocable License AgreementREVOCABLE LICENSE AGREEMENT THIS LICENSE AGREEMENT ( "Agreement ") is entered into on January 27, 2015 between the TOWN OF AVON, a Colorado home rule municipality (the "Town "), whose address is One Lake Street, P.O. Box 975, Avon, Colorado 81620 and THE VAIL CORPORATION, a Colorado corporation as owner and operator of PRATER LANE PLAY SCHOOL ( "Licensee") whose address is c/o VRDC, PO Box 959, Avon, Colorado 81637, Attn: VRDC Legal, RECITALS A. The Town is the owner of Tract G, Benchmark at Beaver Creek, according to the recorded plat thereof. B. A certain area within Tract G is generally depicted on the attached Exhibit A (the "Town Property ") and designated thereon as " Tenced Area" which is approximately 67 feet by 40 feet in size and which is delineated by an approximately four foot tall iron railing fence. C. Such Fenced Area is adjacent to and used in concert with a unit contained within that certain mixed use building commonly known as The Seasons at Avon building (the "Seasons Building "). D. Licensee desires to enter into this License Agreement so that it may use the Town Property for the purpose of the construction, reconstruction, operation, use and maintenance of certain improvements on the Town Property for an outdoor play area related to children's day care activities (the "Prater Lane Playground'). E. The Town has determined that Prater Lane Playground is a public benefit which provides a safe and secure outside playground for children and is in the best interest of the health, safety and welfare of the greater Avon community. F. The Town has no immediate plans for the use of the Town Property and is willing to allow the Prater Lane Playground use until such time as the Town has plans for the Town Property. G. The Town and Licensee hereby acknowledge and agree a portion of the Prater Lane Playground is on the Seasons Building land and is not subject to this Agreement. AGREEMENT NOW THEREFORE, for and in consideration of the recitals and the mutual covenants, conditions and promises contained herehi, the parties hereto agree as follows: 1. For and in consideration of a fee of $10.00 and other good and valuable consideration, the Town hereby grants to Licensee a license on the Town Property for the Prater Lane Playground use for the Term (defined below). The grant of this license is made subject to the right of the Town to control the hours of use on the Town Property and to impose limitations on its use in comrection Vail Corporation -Town of Avon License Agreement: Prater Lane January 27, 2015 Page 1 of 5 with construction of the Main Street Mall Project and the ongoing maintenance of Main Street Mall and Tract G, provided, however, daring the Term, the Town agrees not to disrupt or halt operations of the Prater Lane Playground between the hours of 7:30 am to 5:30 pm, Monday through .Friday of each week except for temporary emergency repair, replacement or maintenance of utilities which may exist under the Prater Lane Playground. Nothing in this Agreement shall waive or modify any obligation to seek building permits, variances, or other approvals necessary to inept any obligation imposed by law. The Licensee remains obligated to apply for and obtain all necessary permits and approvals, pay all required fees, and comply with all applicable local laws, including but not limited to the provisions of the Avon Municipal Code. 2. The Licensee expressly agrees to, and shall, indemnify and hold harmless the Town and any of its officers, agents, or employees from any and all claims, damages, liability, or court awards, including costs and attorney's fees that are or may be awarded as a result of any loss, injury or damage sustained or claimed to have been sustained by anyone, including but not limited to, any person, firm, partnership, or corporation, in comnection with or arising out of any omission or act of commission by the Licensee or any of its employees, agents, partners, or lessees, in encroaching upon the Town Property. hr particular and without limiting the scope of the foregoing agreement to indemnify and hold harmless, the Licensee shall indemnify the Town for all claims, damages, liability, or court awards, including costs and attorney's fees that are or may be awarded as a result of any loss, injury or damage sustained or claimed to have been sustained by anyone, including but not limited to, any person, fine, partnership, or corporation, in connection with or arising out of any claim in whole or in part that all or any portion of the improvements permitted by this Agreement constitutes a dangerous and /or unsafe condition within a public right -of -way. 3. . The Licensee agrees that the Town is not liable, and will not assume any liability, responsibility, or costs, for any damage, maintenance or repair of any improvements erected or maintained by the Licensee under this Agreement. 4. During the Term, Licensee shall maintain in effect Cormnercial General Liability insurance with limits of TWO MILLION DOLLARS ($2,000,000) per occurrence and TWO MILLION DOLLARS ($2,000,000) aggregate. The policy shall include coverage for bodily injury, broad form property damage (including completed operations) and personal injury (including coverage for contractual and employee acts). The policy shall include the Town as an additional insured and shall include a provision requiring the insurer to give the Town thirty (30) days notice prior to cancellation. Certificates of insurance issued by the insurer shall be filed with the Town within ten (10) days after the date this Agreement is entered into by Licensee, and this Agreement shall not be effective until such certificate is received and approved by the Town. 5. Licensee shall keep and maintain the Town Property in a good, clean and healthful condition, making repairs as necessary at its sole cost and expense, Licensee shall be responsible for snow removal at its sole cost and expense. Licensee may, with consent of the Town staff and at its sole cost and expense, at any time and from time to time make such alterations, changes, replacements, improvements and additions to the Town Property as it may deem desirable. Any such replacements, improvements and additions shall comply with applicable law and ordinance, including the Americans with Disabilities Act. Vnll Corporal ion- Townof Avou License Agreement: Praterrane January 27, 20 r5 Page 2 of 5 6. The term of this Agreement shall cormnence as of the date first written above and shall terminate the earlier of (i) the day that Licensee no longer operates a children's day care facility within the Seasons Building or (ii) the Town has provided the Termination Notice (defined below) to Licensee in the year immediately proceeding the Town's comrnencement of construction for that portion of the Main Street Project which would prohibit and preclude the use of the Prater Lane Playground under this Agreement, and the Expiration Date (defined below) has occurred (the "Term"). Written notice of termination of this Agreement from the Town shall be given to Licensee no later than September i in any given year (the "Termination Notice ") and expiration of the License will be effectuated on July 1 of the following year (the "Expiration Date"). Upon termination, and if required by the Town, Licensee shall restore the Town Property to its original condition. 7. Any notice required or _permitted by this Agreement shall be in writing and shall be deemed to have been sufficiently given for all purposes if sent by certified or registered mail, postage and fees prepaid, addressed to the party to whom such notice is intended to be given at the address set forth above, or at such other address as has been previously furnished in writing to the other party or parties. Such notice shall be deemed to have been given when deposited in the U.S. Mail. 8. All terms and conditions of this Agreement are considered material. In the event that either party defaults in the performance of any of the covenants or agreements to be kept, done or performed by and under the requirements of this Agreement, the non - defaulting party shall give the defaulting party written notice of such default, and if the defaulting party fails, neglects or refiises for a period of more than sixty (60) days thereafter to cure the default, then the non - defaulting party, without further notice, may, in addition to any other remedies available to it, terminate all rights and privileges granted in this Agreement and this Agreement shall be of no further force or effect, 9. The waiver by any party to this Agreement of a breach of any term or provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach by any party, 10. This Agreement shall not be assigned by the Licensee without the prior written consent of the Town which may withhold its consent for any reason; provided that the Town encourages the Licensee to inform any purchaser of the Licensee's property of the existence of this Agreement and the Town will promptly consider any request by the Licensee for assignment of this Agreement to such subsequent purchaser. 11. It is the intent of this Agreement that the Town shall incur no cost or expense attributable to or arising from the construction, maintenance, or operation of the improvements permitted by this Agreement and that, in all instances, the risk of loss, liability, obligation, damages, and claims associated with the encroaclunent shall be boric by the Licensee. This Agreement does not confer upon the Licensee any other right, permit, license, approval, or consent other than that expressly provided for herein and this Agreement shall not be construed to waive, modify, amend, or alter the application of any other federal, state, or local laws, including laws governing zoning, land use, property maintenance, or nuisance. Vail Corporation-Town of AvmtT.kense Agreement: Prater Lurie Jonuary 27, 2015 Page 3 of 5 12. Nothing in this Agreement shall be construed to waive, limit, or otherwise modify any governmental immunity that may be available by law to any party, its officials, employees, contractors, or agents, or any other person acting on behalf of a party and, in particular, governmental immunity afforded or available pursuant to the Colorado Governmental Immunity Act, Title 24, Article 10, Part 1 of the Colorado Revised Statutes. [Signature page follows] Vail Corporallon- Town of Avon License Agreement; Prater Lano January 27, 2015 Pago 4 of 5 THE VAIL CORPORATION a Colorado corporation BYc Sr. Vice President and COO - WdYG' STATE OF COLORADO ) ) ss. COUNTY OF EAGLE ) Subscribed and sworo to before me this 9"�4— day of rte , 201-0y Sr. Vice President and COO - V*B44The Vail Corporation, a Colorado corporation. fffcial seal, RAM,W. S0" NOTARY PUBLIC STATE OF COLORADO NOTARY ID 20134006946 r ,STATE - ._ _ c 2117 TOWN OF AVON By: 5 r L e ie Fancher, Mayor ATTEST: -h-dyr l Debbie Hoppe, TWn Clerk STATE OF COLORADO ) ss. COUNTY OF EAGLE ) My commission expires:: ! N tary Public APPROVED AS TO Eric J: Hel , Town Attorney The foregoing document was subscribed and sworn to before me this 0 day of by Jennie Fancher as Mayor of the Town of Avon. My commission expires: 10 Notar PubJy'c Vail Corporation-Town of Avon Llcenm Agreement: Prater Lane January 27, 2015 Page 5 of 5