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TC Packet 01-13-2026 Part 1_____________________________________________________________________________________ MEETING AGENDAS AND PACKETS ARE FOUND AT: WWW.AVON.ORG MEETING NOTICES ARE POSTED AT AVON TOWN HALL, AVON RECREATION CENTER, AVON ELEMENTARY AND AVON PUBLIC LIBRARY INDIVIDUALS WITH DISABILITIES ARE ENCOURAGED TO PARTICIPATE IN ALL PUBLIC MEETINGS SPONSORED BY THE TOWN OF AVON. IF YOU REQUIRE A DISABILITY ACCOMMODATION, PLEASE CONTACT THE TOWN CLERK, MIGUEL JAUREGUI CASANUEVA, AT 970-748-4001 OR MJAUREGUI@AVON.ORG WITH YOUR REQUEST. REQUESTS SHOULD BE MADE AS SOON AS POSSIBLE BUT NO LATER THAN 72 HOURS BEFORE THE SCHEDULED PUBLIC EVENT. AVON TOWN COUNCIL MEETING AGENDA TUESDAY, January 13, 2026 MEETING BEGINS AT 5:00 PM Hybrid meeting; in-person at Avon Town Hall, 100 Mikaela Way or virtually through Zoom, Zoom registration is on the header at Avon.org AVON LIQUOR LICENSING AUTHORITY MEETING BEGINS AT 5:00 PM (See Agenda on page 3) AVON TOWN COUNCIL PUBLIC MEETING BEGINS AT 5:05 PM 1. CALL TO ORDER AND ROLL CALL 2. APPROVAL OF AGENDA 3. DISCLOSURE OF ANY CONFLICTS OF INTEREST RELATED TO AGENDA ITEMS 4. PUBLIC COMMENT – COMMENTS ARE WELCOME ON ITEMS NOT LISTED ON THE FOLLOWING AGENDA Public comments are limited to three (3) minutes. The speaker may be given one (1) additional minute subject to Council approval. 5. CONSENT AGENDA 5.1. Approval of December 9, 2025 Regular Council Meeting Minutes (Town Clerk Miguel Jauregui Casanueva) 5.2. Approval of Intergovernmental Agreement with Upper Eagle Regional Water Authority Concerning US6 Median Irrigation Taps and Meter Pits (Senior Engineer Will Kearney) 5.3. Approval of Intergovernmental Agreement Core Transit & Avon for ARTF (Mobility Manager Jim Shoun) 5.4. Approval of Intergovernmental Agreement with State of Colorado for 2026 5311 Operating Subaward Agreement (Mobility Manager Jim Shoun) 6. BUSINESS ITEMS 6.1. PUBLIC HEARING (QUASI-JUDICIAL): ORDINANCE 26-02, First Reading: PUD23002 | VPR23001 Village at Avon PUD Amendment & Vested Rights Extension (Community Development Director Matt Pielsticker) 6.2. PUBLIC HEARING - ORDINANCE 25-18 Second Reading: Parking Regulations on Private Property (Town Clerk Miguel Jauregui and Town Attorney Nina Williams) 6.3. PUBLIC HEARING (QUASI-JUDICIAL): MJR25003 | DEB25001 The Summit at Avon (Planning Manager Jena Skinner) 6.4. PUBLIC HEARING - ORDINANCE 26-01, First Reading: Rezoning Slopeside Parcel (Housing Planner Patti Liermann) 6.5. ORDINANCE 26-03, First Reading: Graywater Prohibition (Engineering Director Eva Wilson and Assistant Town Attorney Michaela Szilagyi) 7. WRITTEN REPORTS 7.1. December 8th PZC Meeting Minutes (Development Coordinator Emily Block) 7.2. December 11th UERWA Board Meeting Summary (Mayor Tamra Underwood) 7.3. Biannual Investment Update (Chief Financial Officer Paul Redmond) 7.4. Year-End Sustainability Updates (Sustainability Manager Charlotte Lin) 7.5. Quarterly Public Operations Report (Public Operations Manager Gary Padilla) 7.6. Turkey Trot Event Recap (Senior Special Events Coordinator Chelsea Van Winkle) _____________________________________________________________________________________ MEETING AGENDAS AND PACKETS ARE FOUND AT: WWW.AVON.ORG MEETING NOTICES ARE POSTED AT AVON TOWN HALL, AVON RECREATION CENTER, AVON ELEMENTARY AND AVON PUBLIC LIBRARY INDIVIDUALS WITH DISABILITIES ARE ENCOURAGED TO PARTICIPATE IN ALL PUBLIC MEETINGS SPONSORED BY THE TOWN OF AVON. IF YOU REQUIRE A DISABILITY ACCOMMODATION, PLEASE CONTACT THE TOWN CLERK, MIGUEL JAUREGUI CASANUEVA, AT 970-748-4001 OR MJAUREGUI@AVON.ORG WITH YOUR REQUEST. REQUESTS SHOULD BE MADE AS SOON AS POSSIBLE BUT NO LATER THAN 72 HOURS BEFORE THE SCHEDULED PUBLIC EVENT. 8. MAYOR AND COUNCIL COMMENTS & MEETING UPDATES 9. EXECUTIVE SESSION 9.1. For the purpose of purchase, acquisition, lease, transfer or sale of real estate pursuant to CRS 24-6-402(4)(a) and for the purpose of determining negotiating positions, developing strategy for negotiations, and instructing negotiators pursuant to CRS 24-6-402(4)(e)(i) concerning a potential acquisition of property for Community Housing (Town Manager Eric Heil) 10. ADJOURN Public Comments: Council agendas shall include a general item labeled “Public Comment” near the beginning of all Council meetings. Members of the public who wish to provide comments to Council greater than three minutes are encouraged to schedule time in advance on the agenda and to provide written comments and other appropriate materials to the Council in advance of the Council meeting. The Mayor shall permit public comments during any agenda item and may limit public comment to three minutes per individual, which limitation may be waived or increased by a majority of the quorum present. The timer for public comment shall begin promptly after the speaker states their name and place of residence. Article VIII. Public Comments, Avon Town Council Simplified Rules of Order, Amended and Readopted by Resolution No. 24-17. AVON LIQUOR LICENSING AUTHORITY MEETING AGENDA TUESDAY, JANUARY 13, 2026 MEETING BEGINS AT 5:00 PM Hybrid meeting; in-person at Avon Town Hall or virtually through Zoom 1. CALL TO ORDER AND ROLL CALL 2. APPROVAL OF AGENDA 3. DISCLOSURE OF ANY CONFLICTS OF INTEREST RELATED TO AGENDA ITEMS 4. PUBLIC COMMENT – COMMENTS ARE WELCOME ON ITEMS NOT LISTED ON THE FOLLOWING AGENDA [AN INITIAL THREE (3) MINUTE LIMIT ALLOWED TO EACH PERSON WISHING TO SPEAK . SPEAKER MAY REQUEST MORE TIME AT THE END OF THE THREE (3) MINUTES, WHICH MAY BE APPROVED BY A MAJORITY OF THE COUNCIL .] 5. PUBLIC HEARING (QUASI-JUDICIAL) FOR RENEWAL 5.1. APPLICANT: SAUCE ON THE CREEK LLC D/B/A SAUCE ON THE CREEK LOCATION: 0101 FAWCETT ROAD, #100 TYPE: HOTEL & RESTAURANT (CITY) MANAGER: DEB APPLEGATE 6. APPROVAL OF THE MINUTES FROM OCTOBER 14, 2025 LIQUOR LICENSING AUTHORITY MEETING (AUTHORITY SECRETARY MIGUEL JAUREGUI CASANUEVA) 7. WRITTEN REPORT 7.1. REPORT ON RECENT ADMINISTRATIVE APPROVALS (AUTHORITY DEPUTY SECRETARY BRENDA TORRES) 8. ADJOURNMENT 970-748-4022 btorres@avon.org TO: Avon Liquor Licensing Authority FROM: Brenda Torres, Deputy Town Clerk | Liquor Licensing Authority Deputy Secretary RE: PUBLIC HEARING (Quasi-Judicial) for Liquor License Renewal Application – Sauce on the Creek LLC d/b/a Sauce on the Creek DATE: December 30, 2025 SUMMARY: Sauce on the Creek LLC d/b/a Sauce on the Creek, as the Applicant, is applying for a Liquor License Renewal. The Applicant has submitted the appropriate materials and fees required by the State of Colorado Liquor Enforcement Division. A background check from the Deputy Town Clerk and the Avon Police Department reveals no criminal background check for the manager, but a liquor violation made by an employee. The executed Stipulation, Agreement, and Order #SA 25-GJ-110 was received from the Liquor Enforcement Division on June 30, 2025. These documents are on file in the Town Clerk’s office. BACKGROUND: Section 44-3-302, C.R.S., provides guidelines for liquor licensing renewals, which applications are made to the Local Licensing Authority. The Deputy Town Clerk has reviewed the application submitted and referenced above and found the materials in order. The violation is described as follows: Sauce on the Creek LLC d/b/a Sauce on the Creek: Sauce on the Creek has been the subject of an investigation conducted by the Colorado Department of Revenue Liquor Enforcement Division. Agents of the Division allege violation of the Colorado Liquor Code, Section 44-3-901(1)(b)(I). On May 15, 2025, this Licensee, through its employee/agent Alexandra Marie Wagner, permitted the selling, serving, giving, or procuring of an alcohol beverage (one 12-fluid-ounce bottle of Blue Moon Belgian White malt liquor) to a nineteen-year-old Liquor Enforcement Division underage purchaser without verifying an identification, in violation of the above statute. The manager and representatives have been invited to attend the Liquor Licensing Authority meeting. ACTION BEFORE THE LOCAL LIQUOR LICENSING AUTHORITY: The Town Council, acting as the Local Liquor Licensing Authority, will consider the following liquor license application for renewal. A public hearing is required before final action is taken. Applicant Name: Sauce on the Creek LLC d/b/a Sauce on the Creek Location: 0101 Fawcett Road #100 Manager: Deb Applegate Permit Type: Hotel & Restaurant (City) PROPOSED MOTION: “I move to approve (or deny based upon statutory grounds for denial) the liquor license renewal application for Sauce on the Creek LLC d/b/a Sauce on the Creek.” Thank you, Brenda Page 2 of 2 LIQUOR LICENSE RENEWAL APPLICATION ATTACHMENTS: The Applicant for the renewal application has submitted the following materials: ✓ Attachment A: Application for Liquor License Renewal (State form DR 8400) ATTACHMENT A AVON LIQUOR LICENSING AUTHORITY MEETING MINUTES TUESDAY, OCTOBER 14, 2025 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL OR VIRTUALLY THROUGH ZOOM Page 1 1. CALL TO ORDER AND ROLL CALL The meeting was hosted in a hybrid format, in-person at Avon Town Hall and virtually via Zoom.us. Chair Tamra N. Underwood called the October 14, 2025, Avon Liquor Licensing Authority Board Meeting to order at 5:00 p.m. A roll call was taken, and Board Members present in person were Ruth Stanley, Gary Brooks, Kevin Hyatt, Vice- Chair Richard Carroll, and Chair Tamra N. Underwood. Board Members absent were Chico Thuon and Lindsay Hardy. They were joined in person by Town Manager Eric Heil, Deputy Town Manager Patty McKenny, Chief Administrative Officer Ineke de Jong, Town Attorney Nina P. Williams, Board Secretary Miguel Jauregui Casanueva, and Board Deputy Secretary Brenda Torres. 2. APPROVAL OF AGENDA Video Start Time: 00:00:35 Chair Underwood initiated the meeting with the agenda approval process. Vice-Chair Carroll motioned to approve the Liquor Licensing Authority Agenda, as presented. Board Member Brooks seconded the motion. The motion carried unanimously with a 5-0 vote of those present. 3. DISCLOSURE OF ANY CONFLICTS OF INTEREST RELATED TO AGENDA ITEMS Video Start Time: 00:01:00 Chair Underwood inquired whether any Board members had conflicts of interest related to the Agenda and no conflicts were disclosed. 4. PUBLIC COMMENT – COMMENTS ARE WELCOME ON ITEMS NOT LISTED ON THE FOLLOWING AGENDA Video Start Time: 00:01:10 Chair Underwood explained that public comment can be made by participating in the meeting in person, via zoom’s video/audio, via telephone, or via email. She added that the public comment section is intended for items not listed in the Agenda, and participation by members of the public is limited to 3 minutes. She asked if there was any public comment from those present in the room or virtually and no public comment was made in person nor virtually. 5. PUBLIC HEARING (QUASI-JUDICIAL) FOR RENEWAL Video Start Time: 00:01:43 5.1. Applicant Name: Dillon Companies LLC d/b/a City Market #26 Location: 72 Beaver Creek Place Type: Fermented Malt Beverage and Wine (City) Manager: Alicia Samuels Deputy Secretary Brenda Torres presented the findings for the renewal application, noting a violation reported within the twelve months prior to this renewal. Secretary Jauregui provided a presentation on the renewal application, which included a timeline of the violation. City Market attorneys Adam Stapen and Ally West participated virtually to address the Board’s questions, joined by City Market #26 Store Manager Alicia Samuels. They answered inquiries regarding staff retraining and the fine assessed by the State for the violation. Chair Underwood opened the public hearing; no public comments were received, either in person or virtually. Board Member Hyatt made a motion to approve the application, which was seconded by Board Member Stanley. The motion passed unanimously with a 5-0 vote of those present. AVON LIQUOR LICENSING AUTHORITY MEETING MINUTES TUESDAY, OCTOBER 14, 2025 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL OR VIRTUALLY THROUGH ZOOM Page 2 6. APPROVAL OF THE MINUTES FROM THE MAY 27, 2025 MEETING Video Start Time: 00:15:25 Board Member Stanley motioned to approve the Minutes from Tuesday, May 27, 2025, as presented. Board Member Brooks seconded the motion. The motion carried with a 5-0 vote of those present. 7. WRITTEN REPORT 7.1. REPORT ON RECENT ADMINISTRATIVE APPROVALS (DEPUTY TOWN CLERK BRENDA TORRES) 8. ADJOURNMENT The Avon Liquor Licensing Authority Meeting adjourned at 5:16 p.m. These minutes are only a summary of the proceedings of the Local Liquor Licensing Authority meeting. They are not intended to be comprehensive or to include each statement, person speaking or to portray with complete accuracy. The most accurate records of the meeting are the audio of the meeting, which is housed in the Town Clerk' s office, and the video of the meeting, which is available at www.highfivemedia.org. RESPECTFULLY SUBMITTED: ____________________________________ Miguel Jauregui Casanueva, Liquor Authority Secretary APPROVED: Tamra N. Underwood ___________________________________ (970) 748-4022 btorres@avon.org AVON LIQUOR LICENSING AUTHORITY WRITTEN REPORT To: Avon Liquor Licensing Authority From: Brenda Torres, Deputy Town Clerk | Liquor Licensing Authority Deputy Secretary Date: January 13, 2026 Topic: REPORT ON RECENT LIQUOR LICENSE ADMINISTRATIVE APPROVALS SUMMARY: The Town’s local liquor licensing regulations allow for administrative review and approval of routine liquor license applications, including: (1) Renewals, (2) Modification of Ownership, (3) Modification of Managers, and (4) Special Event Permits for events already approved by the Town Council. Requirements for administrative approval include that the application is complete, there is no new criminal activity on the background check and there are no liquor code violations during the last year. Renewals require notice to be posted for seven days, and Special Event Permits for ten days and require the Town Clerk’s Office to accept comments and/or requests for a public hearing before the Avon Liquor Licensing Authority. In all cases, the Deputy Town Clerk has the discretion to refer the application to the Avon Liquor Licensing Authority. The Deputy Town Clerk is required to report administrative approvals, which is the reason for this written report. Dating back to October 14, 2025, the Town has received 6 renewal and 3 report of changes applications that have met all the requirements for administrative review and approval and were ultimately approved by the Deputy Town Clerk | Liquor Licensing Authority Deputy Secretary. No comments, complaints, or request for hearings were received. They are as follows: Renewals: Applicant: Northside Coffee & Kitchen LLC d/b/a Northside Coffee & Kitchen Location: 20 Nottingham Road Units A & C Type: Hotel & Restaurant (City) Manager: James S. Pavelich Applicant: R&E Enterprise LLC d/b/a Gondola Pizza Location: 240 Chapel Place #113 Type: Hotel & Restaurant (City) Manager: Claudiu Popa Applicant: Avon Properties Leasing, LLC d/b/a Village Warehouse Wines Location: 0101 Fawcett Road #130 Type: Liquor Store (City) Manager: Peter A. Cuccia Applicant: Eagle River Liquors, Inc. d/b/a Eagle River Liquors Location: 1060 West Beaver Creek Boulevard, Units 101 & 102 Type: Liquor Store (City) Manager: Clayton Williams (970) 748-4022 btorres@avon.org Applicant: Vail Country Club LLC d/b/a Vail CC Location: 240 Chapel Place Unit B126 Type: Tavern (City) Manager: Kenny Thayer Applicant: WVO Licensing LLC d/b/a Wyndham Resort at Avon Location: 75 Benchmark Road Type: Resort Complex (City) Manager: Pete Reyes Report of Changes - New Manager and Renewal: Applicant: Sabor Mazatlan Inc. d/b/a Sabor Mazatlan Location: 150 East Beaver Creek Boulevard #A-101 Type: Hotel & Restaurant (City) New Manager: Juan Sebastian Mesa Applicant: Pyramid Avon Management LLC d/b/a Springhill Suites by Marriott and Towneplace Suites by Marriott Location: 1782 Swift Gulch Road Type: Hotel & Restaurant (City) with Optional Premise New Manager: Scott Lypson Report of Changes - Transfer of Ownership: Applicant: 4Ever Young CO, LLC d/b/a Lily Sushi & Ramen (transfer from China Garden) Location: 100 W Beaver Creek Blvd. Suite #125 Type: Hotel & Restaurant (City) Manager: Ming Chen Thanks, Brenda AVON REGULAR MEETING MINUTES TUESDAY DECEMBER 09, 2025 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 1 1. CALL TO ORDER AND ROLL CALL The meeting was hosted in a hybrid format, in-person at Avon Town Hall and virtually via Zoom.us. Mayor Tamra N. Underwood called the December 09, 2025, Council Regular Meeting to order at 5:00 p.m. A roll call was taken, and Councilors present in person were Chico Thuon, Gary Brooks, Lindsay Hardy, Ruth Stanley, Kevin Hyatt, Mayor Pro Tem Richard Carroll, and Mayor Tamra N. Underwood. They were joined by Town Manager Eric Heil, Deputy Town Manager Patty McKenny, Chief Administrative Officer Ineke de Jong, Town Attorney Nina Williams, Town Clerk Miguel Jauregui Casanueva, Finance Director Paul Redmond, Financial Analyst Chase Simmons, Recreation Director Michael Labagh, Community Development Director Matt Pielsticker, Housing Planner Patti Liermann, Engineering Director Eva Wilson, IT Staff Andrew Bare, and Avon Police Chief Greg Daly. 2. APPROVAL OF AGENDA Video Start Time: 00:00:50 Mayor Underwood initiated the meeting with the Agenda approval process. Councilor Stanley motioned to approve the Agenda, as presented. Councilor Hardy seconded the motion. The motion carried unanimously with a 7-0 vote. 3. DISCLOSURE OF ANY CONFLICTS OF INTEREST RELATED TO AGENDA ITEMS Video Start Time: 00:01:10 Mayor Underwood asked if there were any conflicts of interest related to the agenda, and none were disclosed. 4. PUBLIC COMMENT Video Start Time: 00:01:27 Mayor Underwood explained that public comment may be provided in person, via Zoom (video/audio), by telephone, or by email. She clarified that this portion of the meeting is reserved for items not listed on the agenda. Comments are limited to three minutes, with an additional minute granted at Council’s discretion. Members of the public are asked to address Council directly and should not expect a response, as this time is intended solely for public input. Mayor Underwood invited comments from those present in the room or participating virtually and requested that, upon stepping up to the podium, speakers state their name and, optionally, their neighborhood or Town of residence. Mayor Underwood opened the floor to public comment, and Tim McMahon, resident of Avon, took the podium in person to state that our Avon law enforcement is amazing. He added that he received some menacing texts and has never been made to feel safer in an incident involving Police. No other public comment was made in person or virtually. 5. CONSENT AGENDA Video Start Time: 00:03:35 Mayor Underwood introduced the approval of the Consent Agenda to include the following: 5.1. ACTION: 5.1. Approval of November 18, 2025 Regular Council Meeting Minutes (Town Clerk Miguel Jauregui Casanueva) 5.2. ACTION: Authorization to proceed with 2021 Avon Community Housing Plan Amendments Application (Housing Planner Patti Liermann) AVON REGULAR MEETING MINUTES TUESDAY DECEMBER 09, 2025 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 2 Councilor Stanley motioned to approve the Consent Agenda, as presented. Councilor Hardy seconded the motion. The motion carried unanimously with a 7-0 vote. 6. BUSINESS ITEMS 6.1. PUBLIC HEARING: For The Adoption Of The 2025 Final Revised Budgets, 2026 Operating Budget, 2026 Capital Projects Fund Budget & Long-Range Capital Program And Tax Levies (Chief Financial Officer Paul Redmond) Video Start Time: 00:04:00 Chief Financial Officer Redmond delivered a presentation related to the passage of the following Resolutions: o RESOLUTION 25-15, Amending the 2025 Town of Avon Operating Funds Budgets o RESOLUTION 25-16, Amending the 2025 Town of Avon Capital Projects Fund Budget o RESOLUTION 25-17, Adopting the 2026 Town of Avon Operating Funds Budget o RESOLUTION 25-18, Adopting the Town of Avon Long-Range Capital Program and Simultaneously Adopt the 2026 Capital Projects Fund Budget o RESOLUTION 25-21, Levying General Property Taxes for the Town of Avon for the 2026 Budget Year o RESOLUTION 25-25, Levying General Property Taxes for the Avon General Improvement District No. 1 for the 2026 Budget Year Mayor Underwood opened the public hearing to public comment, and no public comment was received in person or virtually. After fielding questions and some brief deliberations, Councilor Brooks motioned to approve Resolutions 15-15, 25-16, 25-17, 25-18, 25-21, and 25-25, as presented. Councilor Hardy seconded the motion. The motion carried unanimously with a 7-0 vote. At 5:23 p.m., Mayor Underwood received unanimous support from her fellow Councilors to declare a brief recess to allow the Avon Town Council to Convene as the Avon Urban Renewal Authority Board. At 5:31 p.m. the Council Meeting resumed. 6.2. ACTION: Adoption of the 2026 Council Meeting Schedule (Chief Administrative Officer Ineke de Jong) Video Start Time: 00:31:50 Chief Administrative Officer Ineke de Jong presented the proposed 2026 Council Meeting Schedule. Mayor Pro Tem Carroll recommended moving the October 13 meeting to October 6 to better align with the school calendar and allow Council participation in MT2030 and CAST events in Idaho that week. This amendment received unanimous support from the Council. Mayor Underwood opened the floor for public comment; no comments were received either in person or virtually. Councilor Carroll moved to approve the amended 2026 Council Meeting Schedule. Councilor Thuon seconded the motion, which passed unanimously with a 7-0 vote. 6.3. ACTION: Approval of Aquatics Design Build Contract (Town Manager Eric Heil and Senior Engineer Keith Fraser) Video Start Time: 00:40:05 Town Manager Eric Heil and Senior Engineer Keith Fraser presented the proposal for approval of the Aquatics Design Build Contract. AVON REGULAR MEETING MINUTES TUESDAY DECEMBER 09, 2025 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 3 Councilor Hardy inquired about the number of RFQs received and directed staff to obtain competitive bids prior to awarding contracts. Councilor Brooks discussed the bidding and procurement process for design-build projects, noting that the design -build model likely accounted for the limited number of RFQs. Councilor Thuon asked about contingencies included in the project’s execution. Mayor Underwood raised questions regarding the project’s cost and design. Mayor Underwood then opened the floor for public comment; no comments were received, either in person or virtually. Mayor Pro Tem Carroll acknowledged the lengthy and thorough process, and expressed anticipation for the project’s completion within budget. Mayor Underwood also thanked the public for their p atience regarding the pool improvements. Councilor Stanley moved to approve the Aquatics Design Build Contract, as presented and subject to final staff review. Councilor Hyatt seconded the motion. The motion passed unanimously with a 7-0 vote. 6.4. ORDINANCE 25-18 First Reading: Parking Regulations on Private Property (Town Attorney Nina Williams and Town Clerk Miguel Jauregui Casanueva) Video Start Time: 01:04:55 Town Attorney Nina Williams and Town Clerk Miguel Jauregui Casanueva presented the proposal for approval of Ordinance 25-18 on first reading, addressing parking regulations on private property. Mayor Pro Tem Carroll inquired whether the signage standards w ere adequate for large parking areas and ensured sufficient visibility. Mayor Underwood asked if the signage would include contact information for the Town in the event of complaints and was informed that the Town had decided against including such information on signage. Mayor Underwood also provided a list of corrections for the Town Attorney to incorporate into the Ordinance’s second reading. Councilor Stanley recommended that maintenance regulations for private parking lots be considered for the second reading, a suggestion supported by Council. Mayor Underwood opened the floor for public comment; none was received in person or virtually. Town Manager Eric Heil announced that the second reading of the Ordinance is scheduled for January 13, 2026. Mayor Pro Tem Carroll moved to approve the first reading of Ordinance 25-18, as amended by Mayor Underwood. Councilor Thuon seconded the motion, which passed unanimously with a 7-0 vote. 6. WRITTEN REPORTS 7.1. October 23rd Upper Eagle Regional Water Authority Summary (Mayor Underwood) 7.2. November 17th PZC Meeting Minutes (Development Coordinator Emily Block) 7.3. November 18th Health & Recreation Committee Meeting Minutes (Recreation Director Michael Labagh) 7.4. November 20th Culture, Arts & Special Events (CASE) Committee Meeting Minutes (Special Events Coordinator Emily Dennis) 7.5. December 1st Downtown Development Authority Board Meeting Minutes (Chief Administrative Officer Ineke de Jong) 7.6. Monthly Financials (Senior Accountant Dean Stockdale) 7.7. Grants Update (Deputy Town Manager Patty McKenny) 7.8. Gift Reporting – Birds of Prey (Town Clerk Miguel Jauregui Casanueva) 8. MAYOR AND COUNCIL COMMENTS & MEETING UPDATES Video Start Time: 01:34:30 AVON REGULAR MEETING MINUTES TUESDAY DECEMBER 09, 2025 HYBRID MEETING; IN-PERSON AT AVON TOWN HALL AND VIRTUALLY THROUGH ZOOM 4 Councilor Carroll requested Deputy Town Manager Patty McKenny to provide an overview of the grant funding outlined in her report and commended Staff for securing grants in 2025. Councilor Thuon inquired with Engineering Director Eva Wilson regarding safety on Highway 6 and expressed concern about the fragility of the River Edge bus shelter in the event of a vehicle collision. Eva Wilson stated she would forward Councilor Thuon’s comment to CORE Transit staff. Councilor Thuon also asked about the possibility of adding lights at the O’Neil Spur Pocket Park and the Pavilion. Additionally, he questioned whether the railing at the Wildridge hairpin corner requires maintenance or reinfor cement. Mayor Pro Tem Carroll provided an update on his participation with CORE Transit and noted an upcoming meeting scheduled for December 10 at Avon Town Hall. He also discussed planned improvements to bus shelters. Councilor Brooks reported on an upcoming study and future report regarding behavioral health services availability within the NWCOG boundary. He requested that Finance staff closely monitor tax revenue throughout 2026. Councilor Hardy stated that the installation of medians has already slowed traffic and improved safety on the Highway 6 project, even prior to the deployment of safety lights. She extended holiday wishes to the public. Mayor Underwood encouraged the public to visit coloradogives.org to make a donation. She expressed appreciation to the HR staff and Chief Administrative Officer Ineke de Jong for organizing a successful Town Holiday Party, and thanked the Fleet Department for their continued dedication. 9. ADJOURN There being no further business before Council, Mayor Underwood moved to adjourn the regular meeting. The time was 6:50 p.m. These minutes are only a summary of the proceedings of the meeting. They are not intended to be comprehensive or to include each statement, person speaking or to portray with complete accuracy. The most accurate records of the meeting are the audio of the meeting, which is housed in the Town Clerk' s office, and the video of the meeting, which is available at www.highfivemedia.org. RESPECTFULLY SUBMITTED: ________________________________ Miguel Jauregui Casanueva, Town Clerk APPROVED: Mayor Underwood ___________________________________ 970-977-0063 wkearney@avon.org TO: Honorable Mayor Underwood and Council members FROM: Will Kearney, Senior Engineer RE: IGA – ERWSD Irrigation Taps & Meter Pits DATE: January 5, 2026 SUMMARY: This report presents to Council the Intergovernmental Agreement between the Town of Avon and Eagle River Water & Sanitation (“ERWSD”), Avon Mobility Project Irrigation Taps and Meter Pits (“IGA”). This IGA sets forth an agreement whereby Avon retains ownership & maintenance responsibilities of the water service lines that were installed as part of Avon’s Capital Improvement Project US 6 Mobility Improvements (“Project”). Staff request Council approve the IGA with ERWSD. BACKGROUND: As part of the Project, Avon is installing landscape medians along US6 which require irrigation to sustain plant growth. The water source for these irrigation service lines are provided at three separate locations along ERWSD’s water main, each requiring a separate tap and meter, all located within the roadway. Typically for water taps, ERWSD will retain ownership of the service lines from the valve installed directly onto ERWSD’s water main (“Corporation Stop”) through the backflow preventer and Avon would take ownership starting downstream of the backflow preventer. Due to the location of the irrigation service lines, the required shut-off valves (“Curb Stop”) could not be installed in accordance with ERWSD Rules & Regulations. Section 2.10, Appendix B of ERWSD Rules and Regulations state that the “Curb Stop shall be located within a maximum of one (1) foot the property line or edge of easement, whichever is closest to the water main, and shall be easily accessible to District personnel.” The Curb Stop’s primary purpose is to allow ERWSD to turn the water supply on/off downstream of the water main, but before the Water Meter, where the Water Meter is also located on private property. For the Project to install irrigation in the landscape medians, the Curb Stop and Water Meter both need to be located within the medians as well, which results in ERWSD not being able to access the Water Meters or Curb Stops without additional traffic control and safety equipment. This IGA remedies the accessibility issue and allows Avon to proceed with the irrigation service line installation. FINANCIAL CONSIDERATIONS: There are no immediate financial implications, however there may be costs associated with the IGA in the future. Avon will be responsible for the cost of replacing the entirety of the service line starting at the Corporation Stop at the end of the service line’s useful life and to reimburse ERWSD for any additional personnel & equipment costs incurred as a result of the infrastructure accessibility, including but not limited to Traffic Control. Avon plans to provide Traffic Control in house, but is prepared to reimburse ERWSD if Avon’s Traffic Control is unavailable. RECOMMENDATION: I recommend Council approve the IGA between Eagle River Water & Sanitation and the Town of Avon. PROPOSED MOTION: “I move to approve the Intergovernmental Agreement between Eagle River Water & Sanitation and the Town of Avon.” Thank you, Will ATTACHMENT A: Intergovernmental Agreement INTERGOVERNMENTAL AGREEMENT THIS AGREEMENT, is made and entered into this 7 day of November 2025, by Eagle River Water and Sanitation District, a water district of the State of Colorado, hereinafter referred to as "the District," and The Town of Avon, hereinafter referred to as "the Town." WHEREAS, the Colorado Department of Transportation (CDOT) is presently the owner of certain real property described as a right of way located in Eagle County, Colorado, hereinafter referred to as “Property”; and WHEREAS, the following three specific accounts are related to this infrastructure: 00019141, 00339860, and 00019140; and WHEREAS, the Town has acknowledged full responsibility for the cost of future replacement or repair of the entire service line(s) and connected infrastructure starting at corporation stop on the District’s water main and any damages which may occur to the Town’s infrastructure, the property in which it is located on or any other property, person(s) or infrastructure as a result of such infrastructure. NOW, THEREFORE, in consideration of the covenants and promises herein, the parties hereby agree as follows: 1. The Town shall indemnify, defend, and hold harmless the District, its officers, directors, and employees, from and against any and all claims, damages, losses, liabilities, costs, and expenses including reasonable attorney fees arising out of or related to the location of the water service infrastructure within the CDOT right of way, any damage to the right of way or third party property, and any injury to persons resulting from or related to the installation, maintenance, or repair of such infrastructure. The Town further agrees to be responsible for the cost of replacing the entirety of the service line starting at the corporation stop on the District’s water main at the end of the service line’s useful life. 2. Due to the location of the curb stops and meter pits being installed in the median of US Highway 6 by the Town, routine inspections or emergency responses by the District may require additional time, effort, safety precautions and staffing including but not limited to: Traffic Control, additional planning and equipment, etc. The Town agrees to reimburse the District for any additional personnel and equipment costs incurred as a result of the infrastructures accessibility. In an emergency the District may take whatever measures are necessary to protect public health and the water system. 3. The Town hereby acknowledges that the following accounts 00019141, 00339860, and 00019140 are specifically associated with the infrastructure referenced herein. These account numbers are provided solely for purposes of identification and reference. Notwithstanding any future changes to said account numbers, this Agreement shall remain in full force and effect and shall continue to apply to the infrastructure associated with the above-referenced accounts as identified at the time of execution of this Agreement. 4. This Agreement shall be appurtenant to the Town and shall bind the successors and assigns of the Town. The benefits and burdens shall be with the Town, and the burdens, including the obligation to indemnify, defend, and hold harmless the District, shall be a lien on the Town for the duration of this Agreement. ATTACHMENT A 5. In the event that the Town, his/her successor or assign provides notice to the District that the Town, his/her successor or assign agrees to abandon the water services per District rules and regulations the District shall record a notice against the Town which shall rescind this Agreement. 6. If and when the Town exercises their right and desire to abandon Eagle River Water & Sanitation District will provide a letter on their letterhead to the authority controlling the street cut explaining the necessity to abandon the current tap(s) to comply with the current standards of the Eagle River Water & Sanitation District. IN WITNESS WHEREOF the parties hereto have caused this Agreement to be executed as of the day and year first above written. Town of Avon: By Eagle River Water & Sanitation District: By Siri Roman, General Manager STATE OF ______________ ) ) SS COUNTY OF ____________ ) The foregoing instrument was acknowledged before me this day of 2025, by as Owner of . Notary Public My Commission expires: This map was produced by Eagle River Water and Sanitation District. Use of this map should be for general purposes only. ERWSD does not warrant the accuracy of the data contained herein. Author: JW Date: 10/3/2025 !!2 !!2 !*" G!. !' !'!' !' !'!' !' !' U S H W Y 6 Station:2003+45 (-106.520195, 39.630415) ±0 50 100 15025 Feet Proposed Meter Pit Proposed Irrigation Irrigated area= .0659 Acres Account: 00019141 This map was produced by Eagle River Water and Sanitation District. Use of this map should be for general purposes only. ERWSD does not warrant the accuracy of the data contained herein. Author: JW Date: 10/3/2025 !!2 !!2 !!2 !!2 G!. !' !'!' DE E R B L V D ST O NEB R ID GE D R U S H W Y 6 Station:2027+80 (-106.512435, 39.627413) ±0 50 100 15025 Feet Proposed Meter Pit Proposed Irrigation Irrigated area= .0111 Acres Account: 00339860 This map was produced by Eagle River Water and Sanitation District. Use of this map should be for general purposes only. ERWSD does not warrant the accuracy of the data contained herein. Author: JW Date: 10/3/2025 !!2 G!. G!. !' !' U S H W Y 6 Station:2041+35 (-106.508146, 39.625724) ±0 50 100 15025 Feet Proposed Meter Pit Proposed Irrigation Irrigated area= .0534 Acres Account: 00019140 970-748-4113 jshoun@avon.org TO: Honorable Tamra N. Underwood and Council Members FROM: Jim Shoun, Mobility Manager RE: IGAs Core Transit Lease Agreement DATE: December 18,2025 SUMMARY: This report provides an overview of the recent modifications to the Intergovernmental Agreement between the Town of Avon and the Eagle Valley Transportation Authority (“EVTA”), formerly ECO Transit. The changes reflect the organizational transition and update several operational and financial terms to ensure clarity and sustainability. BACKGROUND: Since the Avon Regional Transportation Facility (“ARTF”) was built, ECO Transit has contracted with the Town of Avon to lease space to park buses as well as provide other services for their buses including maintenance, fueling and washing. This contract was last modified in 2012. Now that EVTA has been formed and replaced ECO Transit as the regional transportation authority, this contract needs to be reworked. ANALYSIS: Attachment A is the new contract. Throughout the document, all references to ECO Transit have been updated to EVTA and RTOF has been changed to ARTF. The Recitals section was revised to reflect the transition from ECO to EVTA. Paragraphs 2-4 in this section, addressing the construction of ARTF were removed and replaced with wording explaining the transition process. Paragraph 6 was amended with language allowing EVTA to build its own facility in the future and exit this agreement early. The agreement’s term has been extended to twenty-five years with an automatic renewal each year. An early termination provision requiring twenty-four months notice by either party was also added. This eliminates the need for a renewal term section. Updates to the Premises section include changing the date for determining service levels to October 1st of each year. Language regarding office space availability was also added. Lease payment terms were revised to set costs to EVTA at 2026 levels plus a 3% per year annual increase. An additional clause permits Avon to raise fees beyond 3% for unusual circumstances if necessary. Variable use charges were also updated. The notice date for changes was adjusted. A clause allowing us to mark-up fuel up to 7.5% in the future was included. Wash services will now increase at 3% per year and the fleet maintenance 7% discount was removed because that is not offered to Avon Departments or any other customer. PROPOSED MOTION: “I move to approve the Intergovernmental Agreement between Eagle Valley Transportation Authority and the Town of Avon.” Thank you, Jim ATTACHMENT A: Intergovernmental Agreement ATTACHMENT B: 2026 Supporting Costs ATTACHMENT C: Fleet Maintenance Contract Renewal 2026 ATTACHMENT A INTERGOVERNMENTAL AGREEMENT FOR BUS STORAGE & SERVICE AT THE 1-70 REGIONAL TRANSPORTATION OPERATIONS FACILITY THIS INTERGOVERNMENTAL AGREEMENT FOR BUS STORAGE & SERVICE AT THE I-70 REGIONAL TRANSPORTATION OPERATIONS FACILITY ("IGA") is entered into the ___________ day of 2026, between Eagle Valley Transportation Authority (the "EVTA"), a Colorado regional transportation authority pursuant to the Regional Transportation Law, Title 42, Article 4, Part 6, Colorado Revised Statutes, and the Town of Avon ("Avon"), a Colorado Home rule municipality, located at 100 Mikaela Way, Avon, Colorado (individually a "Party" and collectively, the "Parties"). This IGA sets forth the terms and conditions for EVTA to lease indoor spaces from Avon for the storage of buses and to use and pay for bus fueling and bus washing at the I-70 Avon Regional Transportation Facility ("ARTF"). RECITALS WHEREAS, Avon and Eagle County Regional Transit Authority (ECO) previously entered into an Intergovernmental IGA concerning the planning, design and construction of an "ECO/Avon Joint Regional Operations Facility" at 500 Swift Gulch Road, Avon, Colorado dated February 11, 2009, as amended; and WHEREAS, in November 2022 the voters of Eagle County and the towns of Avon, Eagle, Minturn, Red Cliff and Vail, and Beaver Creek Metro District approved the creation of the EVTA pursuant to Title 43, Article 4, Part 6 of the Colorado Revised Statutes; and WHEREAS, ECO transitioned its public transportation services and vehicles to EVTA on August 4, 2024; and WHEREAS, Avon owns and operates the ARTF and desires to lease a portion of the ARTF to EVTA for storage of buses, fueling and bus washing, and EVTA desires to lease bus-storage spaces in accordance with the terms contained in this IGA; and WHEREAS, the Parties anticipate that EVTA will lease the bus-storage spaces, as contemplated herein, throughout the expected life of the ARTF, or until EVTA decides to build or purchase its own facility; and WHEREAS, this IGA is authorized pursuant to §29-1-201 and §30-11-101, Colorado Revised Statutes, as amended, and Article XIV, Section 18, of the Colorado Constitution. NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by Avon and EVTA, the Parties do hereby agree as follows: 1. Term. The term ("Term") of this IGA shall be for twenty-five (25 years, commencing January 1, 2026 and ending Dec 31, 2051, , unless earlier terminated by either party by providing written notice no later than 24 months prior to termination. 2. Premises. EVTA shall lease a minimum of nine (9) indoor bus storage spaces within the RTOF for the storage of transportation buses from the EVTA fleet for the term of this IGA. EVTA may reduce or request an increase in the minimum number of spaces leased by giving written notice to Avon no later than October 1st preceding the commencement of the next renewal Term. The leased premises are located on the southern portion (lowest graded tier) of the ARTF. In addition to bus storage, EVTA shall have access to and use of common areas, including and limited to: employee lockers, bathrooms, break room/kitchen, quiet resting room, dispatch room, -, small training room, elevator, stairs and hallway areas. EVTA understands that Avon shall utilize other bus storage spaces in the Premises for its own use and shall lease bus storage spaces to other entities and that Avon and other entities will also use common areas. The access and use of office space is not included in this agreement. If office space becomes available, EVTA may, at its discretion, obtain a lease for such space at an additional fee. 3. Lease Payment Amount. During the term of this IGA for each indoor bus storage space rented, EVTA shall pay to Avon the amount calculated by the formula provided in the Exhibit A in 2026, which is attached hereto and incorporated herein by this reference ("Lease Payment"). An additional 3% increase shall be added each subsequent year. In accordance with Exhibit A, the Shared Asset Management and Capital Improvement portions of the Lease Payment shall be fixed for the entire term of this IGA, while the Operations and Maintenance portion may vary based on actual usage and related costs. Avon may adjust the Operations and Maintenance portion of the Lease Payment amount by more than 3%,by providing written notice to EVTA no later than November 1, which adjustment shall take effect no sooner than January 1 of the succeeding year and which adjustment shall be subject to EVTA's right to terminate for non-appropriation as set forth in Sections 4 and 10. EVTA shall make its Lease Payment to Avon for the previous month no later than the last day of each month. 4. Budgeting and Appropriation. EVTA's obligations under this Agreement are subject to EVTA's annual right to budget and appropriate the sums necessary to lease the spaces and utilize the services provided herein. No provision of this Agreement shall be construed or interpreted as creating a multiple fiscal year direct or indirect debt or other financial obligation of EVTA within the meaning of any constitutional or statutory debt limitation. Notwithstanding anything to the contrary contained in this IGA, EVTA shall have no obligations under this IGA with respect to any period after the end of the fiscal year in which funds have been appropriated therefore by EVTA in accordance with a budget adopted by the Board of County Commissioners in compliance with 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). If adequate funds are not appropriated for a forthcoming fiscal year, EVTA may either reduce the number of spaces to be leased hereunder or terminate this Agreement without penalty, effective upon the commencement of the period for which funds have not been appropriated. EVTA will use its best effort to notify Avon of such non- appropriation of funds and resulting reduction in leased spaces or termination at the earliest possible date. 5. Variable Use Charges. The following commodities and services are also available on-site for purchase by EVTA on a variable quantity or "per use" basis. EVTA shall pay Avon for use or consumption of these commodities that are available within thirty (30) days after receiving an invoice. The unit price or mark-up rate listed herein for these variable use items sets the cost for 2026. Avon reserves the right to adjust these prices in future years by providing written notice to EVTA no later than November 1st which price increases shall take effect no sooner than January 1 of the succeeding year and which price increase change to this IGA shall be subject to EVTA's right to terminate for non-appropriation as set forth in Sections 4 and 10. (a) Diesel and Gasoline Fuel. At cost plus $0.15 per gallon for 2026, thereafter a markup of 7.5% of Avon’s cost per gallon, whichever is more. (requires a card key specific to each vehicle to access dispensers). (b) Vehicle Fluids/Wash. Avon operates an enterprise fund for the vehicle fluids and wash bay and reserves the right to annually adjust vehicle wash prices each year. Proposed rates for 2026 are included in Exhibit A. A 3% increase shall be added each subsequent year. Vehicle washing, fueling, and interior cleaning are included in these rates. (c) Fleet Maintenance Service .At the option of EVTA, buses which are designated and stored at the Premises may be serviced by Avon at EVTA’s discretion. -. Fleet maintenance services include mechanical, electrical and body work. Avon's hourly rates for fleet maintenance services are set forth in Exhibit B, which is attached hereto and incorporated herein by this reference and may be amended from time to time to reflect increases in labor costs. Notwithstanding the foregoing, EVTA has the right to do its own fleet maintenance services to busses that are stored at the Premises, as it deems necessary, in the bus storage spaces at no additional cost. (d) Billing for Services. An invoice will be issued by the tenth (10th) day of each month for services performed during the previous month. Payment is due in full by the last day of the month. 6. Payment Location. Lease Payment and Variable Use Charges shall be tendered at the Avon Town Hall, 100 Mikaela Way, Avon, CO 81620, or may be mailed to Town of Avon, P.O. 975, Avon, CO 81620, attention Director of Finance or submitted via ACH. 7. Operational Management Plan. Avon's Town Manager or designee and EVTA's Director of Transportation or designee shall develop an Operational Management Plan for the Premises on an annual basis to ensure that both Avon and EVTA operational needs are accommodated in the most efficient and effective manner. The Parties intend to complete the Operational Management Plan by October 1 of each year and may jointly amend the Operational Management Plan as needed at any time; provided that the initial Operational Management Plan shall be completed no later than July 1, 2026, and the subsequent Operational Management Plan shall be completed by October 1, 2027. Inability to develop a mutually agreeable operational plan is cause for termination. At a minimum, the Operational Plan shall address: (a) Premises Access - including but limited to hours of operation and door keys/codes; (b) Use and management of Common Areas, including assignment of employee lockers and scheduling of training room and/or quiet rooms; (c) Bus storage locations and daily internal bus flow for service availability; and, (d) Additional charges for the use of large training room and other areas of the Premises. 8. Limits on Use. No other services by Avon are included other than those explicitly listed herein. Other uses of the Premises are not permitted without Avon's written consent and will be considered a breach of this IGA. The following additional limitations on use apply: (a) EVTA agrees that use of the Premises is "at your own risk". (b) Bus storage spaces shall be those designated by Avon in accordance with this IGA. (c) Avon staff reserves the right to physically drive and relocate any of the EVTA's vehicles, provided that the vehicle remains within the Premises, at any time for any reason. EVTA agrees to provide Avon with functioning keys and/or key-codes capable of unlocking and starting all EVTA-serviced vehicles parked on the Premises. Avon will add EVTA as an additional insured on its general and automobile liability insurance policies, and will indemnify EVTA and shall be responsible for any and all damage arising out of, occurring because of, or resulting from Avon's operation of any EVTA-owned vehicle, including a vehicle operated by EVTA under a service agreement. All vehicles parked on the Premises included under this IGA shall be maintained in full running order. Avon reserves the right to remove from the Premises, at EVTA's cost, any vehicle that has not been restored to full running order by EVTA or their assigns for a period of more than thirty (30) days following notice to EVTA. EVTA agrees to keep the leased portion of the Premises clean, sanitary, and in good condition and, upon termination of the IGA, vacate the Premises to Avon in a condition equivalent to the condition that existed when the EVTA initiated site use, except for ordinary wear and tear. (d) EVTA agrees to immediately notify Avon of any defects or dangerous conditions in and about the Premises of which EVTA becomes aware. EVTA agrees to reimburse Avon, upon demand by Avon, for the cost of repairing any damage to the Premises caused by acts or omissions of EVTA. 9. Facilities. Avon represents that its facilities are adequately equipped to offer the services described herein. 10. Termination. Avon may terminate this IGA without cause by providing at least Twenty-four (24) months prior written notice to EVTA. In the event of any material breach of this IGA by either Party, the non-breaching Party may terminate this IGA upon thirty (30) days written notice unless the breach is cured within the thirty (30) day period. EVTA may also terminate this Agreement for non-appropriation of funds, in accordance with Section 5. 11. Liability and Indemnification. EVTA, its officers and employees, shall not be deemed to assume any liability for intentional or negligent acts, errors, or omissions of Avon or of any officer or employee thereof. Likewise, Avon, its officers and employees, shall not be deemed to assume any liability for intentional or negligent acts, errors or omissions of EVTA or by any officer or employee thereof. EVTA agrees to indemnify, defend and hold harmless to the extent allowed by law, Avon, its respective agents, officers, servants and employees of and from any and all loss, costs, damage, injury, liability, claims, liens, demands, action and causes of action whatsoever, arising out of or related to EVTA's intentional or negligent acts, errors, or omissions or that of its agents, officers, servants, and employees, whether contractual or otherwise. Likewise, Avon agrees to indemnify, defend and hold harmless to the extent allowed by law, EVTA, its respective agents, officers, servants and employees of and from any and all loss, costs, damage injury, liability, claims, liens, demands, action and causes of action whatsoever arising out of or related to Avon's intentional or negligent acts errors or omissions or that of its agents, officers, servants and employees, whether contractual or otherwise. 12. Insurance. The Parties must carry valid insurance for any individuals and property that are involved in use of the Premises. Except as set forth in this IGA, Avon is not liable for damage to EVTA-owned property, or any property owned by others and included in a service agreement operated by EVTA, while located on the Premises, including acts of vandalism, theft, or comprehensive damage of same vehicles, unless such damage or theft is caused by the negligent operation or management of the ARTF. The Parties must each carry property damage and general liability insurance policies, each in the amount of $1,000,000 per occurrence and $2,000,000 aggregate. 13. Relationship of the Parties. The relationship between the Parties is that of independent contractor, and nothing herein shall be deemed or construed as creating a relationship of principal and agent, partnership, joint venture, or ownership interest in the real property. 14. No Waiver of Governmental Immunity. Nothing in this IGA shall be construed to waive limit, or otherwise modify any governmental immunity that may be available by law to Avon or EVTA, its respective officials, employees, contractors, or agents, or any other person acting on behalf of Avon or EVTA, 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. 15. Notice. Any notice, demand, or other communication required or permitted to be given by any provision of the Lease shall be given via email then followed up in writing, delivered personally or sent by certified or registered mail, postage prepaid and return receipt requested, or by overnight courier, with shipping charges prepaid, address as follows: To Avon: Town of Avon Attn: Town Clerk One Lake Street P.O. Box 975 Avon, CO 81620 Ph.: 970-748-4000 Email: To EVTA: EVTA Executive Director P.O. Box 1070 Gypsum, CO 81637 Email: tanya.allen@coretransit.org 16. No Third-Party Beneficiaries. Nothing contained in this IGA is intended to or shall create a contractual relationship with, cause of action in favor of, or claim for relief for, any third-party, including any agent, sub-consultant or sub-contractor of Avon, EVTA or Eagle County. Absolutely no third-party beneficiaries are intended by this IGA. Any third-party receiving a benefit from this IGA is an incidental and unintended beneficiary only. [ Signature Page Follows] IN WITNESS WHEREOF, the Parties hereto have executed this IGA the day and year first above written. EAGLE VALLEY TRANSPORTATION AUTHORITY By Earl Bidez, Chair Attest: Tanya Allen, Secretary TOWN OF AVON By Tamra N. Underwood, Mayor, Attest: Miguel Jauregui Casanueva, Town Clerk ATTACHMENT B LEASE PAYMENT CALCULATION LEASE RATES AND CHARGES Lease payment calculations consist of Capital, Operations and Maintenance (“O&M”), and Asset Management and will be charged as a budget neutral operation. Capital and Asset Management charges will remain fixed for the term of the Agreement. O&M costs will be audited each year and may be subject to change upon written notice by the Town of Avon no later than June 1 of any given year, which adjustment shall take effect no sooner than January 1 of the succeeding year. AVON VEHICLE AND EQUIPMENT SERVICE AGREEMENT ANNUAL RENEWAL This Avon Vehicle and Equipment Service Agreement Annual Renewal (“Annual Renewal”) is by and between [CORE Transit] and the Town of Avon (“Avon”). 1.Term: The existing Vehicle and Equipment Service Agreement (“Service Agreement”), dated December 2023, is hereby renewed and extended until December 31, 202 6, and the Service Agreement shall continue in full force and effect , except as amended and updated in this Annual Renewal. 2.Adjusted Hourly Rates: In accordance with Paragraph 4 of the Service Agreement, service and fuel rates will remain unchanged for this renewal. Avon will conduct a biennial rate review in 2026. The current rates, effective January 1, 2026, will remain as follows: Light Duty Vehicle and Equipment = $125 per hour Heavy Duty Vehicles and Equipment = $1 36 per hour Fuel Rate = cost plus $0.15/gallon [CORE Transit] ATTACHMENT C 970-748-4113 jshoun@avon.org TO: Honorable Tamra N. Underwood and Council Members FROM: Jim Shoun, Mobility Manager RE: IGA for 2026 Operating Grant DATE: January 7, 2026 SUMMARY: A State of Colorado Grant is presented to Council for consideration. The Town of Avon has applied for and has been awarded a 5311 Operating Grant of $268,789.00. When approved, the contract will be sent, via DocuSign, to the mayor for signature. BACKGROUND: The 5311 Operating Grant is a yearly agreement to provide operating assistance to states in support of public transportation in rural areas with populations less than 50,000. This is a formula grant, based on agency service size and is awarded yearly. While it is a small portion of the overall Mobility Fund, it is vital to our continuing operations. AWARD: Total award for this agreement is as follows: PROPOSED MOTION: “I move to approve the Intergovernmental Agreement between the State of Colorado and the Town of Avon.” Thank you, Jim ATTACHMENT A: Intergovernmental Agreement Award $268,789.00 Minimum Local Contribution $268,789.00 Total $537,587.00 ATTACHMENT A: Page 1 of 51 STATE OF COLORADO SUBAWARD AGREEMENT COVER PAGE State Agency Department of Transportation Agreement Number / PO Number 26-HTR-ZL-00082 / 491004065 Subrecipient Town of Avon Agreement Performance Beginning Date Effective Date or January 1, 2026, whichever is earlier Initial Agreement Expiration Date December 31, 2026 Subaward Agreement Amount Federal Funds-Operating Maximum Amount (50%) Local Funds-Operating Local Match Amount (50%) Agreement Total $268,789.00 $268,789.00 $537,578.00 Fund Expenditure End Date December 31, 2026 Agreement Authority Authority to enter into this Agreement exists in CRS §§43-1-106, 43-1-110, 43-1-117.5, 43-1-701, 43-1-702 and 43-2-101(4)(c), appropriated and otherwise made available pursuant to the FAST ACT, MAP-21, SAFETEA_LU, 23 USC §104, 23 USC §149, 49 USC §5307(a)(2) and (3). Agreement Purpose In accordance with 49 USC §5311, the purpose of this Agreement is to provide capital, planning, and operating assistance to states to support public transportation in rural areas with populations less than 50,000, where many residents often rely on public transit to reach their destinations. The work to be completed under this Grant by the Grantee is more specifically described in Exhibit A. Exhibits and Order of Precedence The following Exhibits and attachments are included with this Agreement: 1. Exhibit A – Statement of Work and Budget. 2. Exhibit B – Sample Option Letter. 3. Exhibit C – Federal Provisions. 4.Exhibit D – Required Federal Contract/Agreement Clauses. 5. Exhibit E – Verification of Payment. In the event of a conflict or inconsistency between this Agreement and any Exhibit or attachment, such conflict or inconsistency shall be resolved by reference to the documents in the following order of priority: 1. Exhibit C – Federal Provisions. 2. Exhibit D – Required Federal Contract/Agreement Clauses. 3. Colorado Special Provisions in §17 of the main body of this Agreement. 4. The provisions of the other sections of the main body of this Agreement. 5. Exhibit A – Statement of Work and Budget. 6. Executed Option Letters (if any). Principal Representatives For the State: Erin Kelican Division of Transit and Rail Colorado Dept. of Transportation 2829 W. Howard Place Denver, CO 80204 erin.kelican@state.co.us For Subrecipient: Jim Shoun Town of Avon PO Box 975 Avon, CO 81620 jshoun@avon.org Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 2 of 51 SIGNATURE PAGE THE PARTIES HERETO HAVE EXECUTED THIS AGREEMENT Each person signing this Agreement represents and warrants that the signer is duly authorized to execute this Agreement and to bind the Party authorizing such signature. SUBRECIPIENT Town of Avon By: ___________________________ Name: ________________________ Title: _________________________ Date: _________________________ STATE OF COLORADO Jared S. Polis, Governor Department of Transportation Shoshana M. Lew, Executive Director By: ___________________________ Name: ________________________ Title: _________________________ Date: _________________________ Second Subrecipient Signature, If Needed Town of Avon By: ___________________________ Name: ________________________ Title: _________________________ Date: _________________________ In accordance with §24-30-202, C.R.S., this Agreement is not valid until signed and dated below by the State Controller or an authorized delegate. STATE CONTROLLER Robert Jaros, CPA, MBA, JD ___________________________________________ By: Department of Transportation Effective Date:_____________________ Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 3 of 51 1. PARTIES This Agreement is entered into by and between Subrecipient named on the Cover Page for this Agreement (the “Subrecipient”), and the STATE OF COLORADO acting by and through the State agency named on the Cover Page for this Agreement (the “State”). Subrecipient and the State agree to the terms and conditions in this Agreement. 2. TERM AND EFFECTIVE DATE A. Effective Date This Agreement shall not be valid or enforceable until the Effective Date, and the Grant Funds shall be expended by the Fund Expenditure End Date shown on the Cover Page for this Agreement. The State shall not be bound by any provision of this Agreement before the Effective Date, and shall have no obligation to pay Subrecipient for any Work performed or expense incurred before the Effective Date, except as described in §5.D, or after the Fund Expenditure End Date. B. Initial Term The Parties’ respective performances under this Agreement shall commence on the Agreement Performance Beginning Date shown on the Cover Page for this Agreement and shall terminate on the Initial Agreement Expiration Date shown on the Cover Page for this Agreement (the “Initial Term”) unless sooner terminated or further extended in accordance with the terms of this Agreement. C. Extension Terms - State’s Option The State, at its discretion, shall have the option to extend the performance under this Agreement beyond the Initial Term for a period, or for successive periods, of one year or less at the same rates and under the same terms specified in this Agreement (each such period an “Extension Term”). In order to exercise this option, the State shall provide written notice to Subrecipient in a form substantially equivalent to the Sample Option Letter attached to this Agreement. D. End of Term Extension If this Agreement approaches the end of its Initial Term, or any Extension Term then in place, the State, at its discretion, upon written notice to Subrecipient in a form substantially equivalent to the Sample Option Letter attached to this Agreement, may unilaterally extend such Initial Term or Extension Term for a period not to exceed two months (an “End of Term Extension”), regardless of whether additional Extension Terms are available or not. The provisions of this Agreement in effect when such notice is given shall remain in effect during the End of Term Extension. The End of Term Extension shall automatically terminate upon execution of a replacement Agreement or modification extending the total term of this Agreement. E. Early Termination in the Public Interest The State is entering into this Agreement to serve the public interest of the State of Colorado as determined by its Governor, General Assembly, or Courts. If this Agreement ceases to further the public interest of the State, the State, in its discretion, may terminate this Agreement in whole or in part. A determination that this Agreement should be terminated in the public interest shall not be equivalent to a State right to terminate for convenience. This subsection shall not apply to a termination of this Agreement by the State for Breach of Agreement by Subrecipient, which shall be governed by §12.A.i. i. Method and Content The State shall notify Subrecipient of such termination in accordance with §14. The notice shall specify the effective date of the termination and whether it affects all or a portion of this Agreement, and shall include, to the extent practicable, the public interest justification for the termination. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 4 of 51 ii. Obligations and Rights Upon receipt of a termination notice for termination in the public interest, Subrecipient shall be subject to the rights and obligations set forth in §12.A.i.a. iii. Payments If the State terminates this Agreement in the public interest, the State shall pay Subrecipient an amount equal to the percentage of the total reimbursement payable under this Agreement that corresponds to the percentage of Work satisfactorily completed and accepted, as determined by the State, less payments previously made. Additionally, if this Agreement is less than 60% completed, as determined by the State, the State may reimburse Subrecipient for a portion of actual out-of-pocket expenses, not otherwise reimbursed under this Agreement, incurred by Subrecipient which are directly attributable to the uncompleted portion of Subrecipient’s obligations, provided that the sum of any and all reimbursement shall not exceed the Subaward Maximum Amount payable to Subrecipient hereunder. F. Subrecipient’s Termination Under Federal Requirements Subrecipient may request termination of this Agreement by sending notice to the State, or to the Federal Awarding Agency with a copy to the State, which includes the reasons for the termination and the effective date of the termination. If this Agreement is terminated in this manner, then Subrecipient shall return any advanced payments made for work that will not be performed prior to the effective date of the termination. 3. DEFINITIONS The following terms shall be construed and interpreted as follows: A. “Agreement” means this subaward agreement, including all attached Exhibits, all documents incorporated by reference, all referenced statutes, rules and cited authorities, and any future modifications thereto. B. “Award” means an award by a Recipient to a Subrecipient funded in whole or in part by a Federal Award. The terms and conditions of the Federal Award flow down to the Award unless the terms and conditions of the Federal Award specifically indicate otherwise. C. “Breach of Agreement” means the failure of a Party to perform any of its obligations in accordance with this Agreement, in whole or in part or in a timely or satisfactory manner. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Subrecipient, or the appointment of a receiver or similar officer for Subrecipient or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach. If Subrecipient is debarred or suspended under §24- 109-105, C.R.S., at any time during the term of this Agreement, then such debarment or suspension shall constitute a breach. D. “Budget” means the budget for the Work described in Exhibit A. E. “Business Day” means any day other than Saturday, Sunday, or a legal holiday as listed in §24- 11-101(1), C.R.S. F. “CORA” means the Colorado Open Records Act, §§24-72-200.1, et. seq., C.R.S. G. “Deliverable” means the outcome to be achieved or output to be provided, in the form of a tangible or intangible Good or Service that is produced as a result of Subrecipient’s Work that is intended to be delivered by Subrecipient. H. “Effective Date” means the date on which this Agreement is approved and signed by the Colorado State Controller or designee, as shown on the Signature Page for this Agreement. I. “End of Term Extension” means the time period defined in §2.D. J. “Exhibits” means the exhibits and attachments included with this Agreement as shown on the Cover Page for this Agreement. K. “Extension Term” means the time period defined in §2.C. L. “Federal Award” means an award of Federal financial assistance or a cost-reimbursement contract, under the Federal Acquisition Regulations or by a formula or block grant, by a Federal Awarding Agency to the Recipient. “Federal Award” also means an agreement setting fort h the Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 5 of 51 terms and conditions of the Federal Award. The term does not include payments to a Subrecipient or payments to an individual that is a beneficiary of a Federal program. M. “Federal Awarding Agency” means a Federal agency providing a Federal Award to a Recipient. Federal Transit Administration (FTA) is the Federal Awarding Agency for the Federal Award which is the subject of this Agreement. N. “FTA” means Federal Transit Administration. O. “Goods” means any movable material acquired, produced, or delivered by Subrecipient as set forth in this Agreement and shall include any movable material acquired, produced, or delivered by Subrecipient in connection with the Services. P. “Grant Funds” means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Agreement. Q. “Incident” means any accidental or deliberate event that results in or constitutes an imminent threat of the unauthorized access, loss, disclosure, modification, disruption, or destruction of any communications or information resources of the State, which are included as part of the Work, as described in §§24-37.5-401, et. seq., C.R.S. Incidents include, without limitation (i) successful attempts to gain unauthorized access to a State system or State Records regardless of where such information is located; (ii) unwanted disruption or denial of service; (iii) the unauthorized use of a State system for the processing or storage of data; or (iv) changes to State system hardware, firmware, or software characteristics without the State’s knowledge, instruction, or consent. R. “Initial Term” means the time period defined in §2.B. S. “Master Agreement” means the FTA Master Agreement document incorporated by reference and made part of FTA’s standard terms and conditions governing the administration of a project supported with federal assistance awarded by FTA. T. “Matching Funds” (Local Funds, or Local Match) means the funds provided by Subrecipient as a match required to receive the Grant Funds and includes in-kind contribution. U. “Party” means the State or Subrecipient, and “Parties” means both the State and Subrecipient. V. “PII” means personally identifiable information including, without limitation, any information maintained by the State about an individual that can be used to distinguish or trace an individual’s identity, such as name, social security number, date and place of birth, mother’s maiden name, or biometric records. PII includes, but is not limited to, all information defined as personally identifiable information in §§24-72-501 and 24-73-101, C.R.S. W. “Recipient” means the State agency shown on the Signature and Cover Pages of this Agreement, for the purposes of this Federal Award. X. “Services” means the services to be performed by Subrecipient as set forth in this Agreement and shall include any services to be rendered by Subrecipient in connection with the Goods. Y. “State Confidential Information” means any and all State Records not subject to disclosure under CORA. State Confidential Information shall include but is not limited to PII and State personnel records not subject to disclosure under CORA. State Confidential Information shall not include information or data concerning individuals that is not deemed confidential but nevertheless belongs to the State, which has been communicated, furnished, or disclosed by the State to Subrecipient which (i) is subject to disclosure pursuant to CORA; (ii) is already known to Subrecipient without restrictions at the time of its disclosure to Subrecipient; (iii) is or subsequently becomes publicly available without breach of any obligation owed by Subrecipient to the State; (iv) is disclosed to Subrecipient, without confidentiality obligations, by a third party who has the right to disclose such information; or (v) was independently developed without reliance on any State Confidential Information. Z. “State Fiscal Rules” means the fiscal rules promulgated by the Colorado State Controller pursuant to §24-30-202(13)(a), C.R.S. AA. “State Fiscal Year” means a 12-month period beginning on July 1 of each calendar year and ending on June 30 of the following calendar year. If a single calendar year follows the term, then it means the State Fiscal Year ending in that calendar year. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 6 of 51 BB. “State Records” means any and all State data, information, and records regardless of physical form. CC. “Subaward Maximum Amount” means an amount equal to the total of Grant Funds for this Agreement. DD. “Subcontractor” means any third party engaged by Subrecipient to aid in performance of the Work. “Subcontractor” also includes sub-recipients of Grant Funds. EE. “Subrecipient” means a non-Federal entity that receives a sub-award from a Recipient to carry out part of a Federal program but does not include an individual that is a beneficiary of such program. A Subrecipient may also be a recipient of other Federal Awards directly from a Federal Awarding Agency. For the purposes of this Agreement, Contractor is a Subrecipient. FF. “Uniform Guidance” means the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, 2 CFR Part 200, commonly known as the “Super Circular, which supersedes requirements from OMB Circulars A - 21, A-87, A-110, A-122, A-89, A-102, and A-133, and the guidance in Circular A-50 on Single Audit Act follow-up. GG. “Work” means the Goods delivered and Services performed pursuant to this Agreement. HH. “Work Product” means the tangible and intangible results of the Work, whether finished or unfinished, including drafts. Work Product includes, but is not limited to, documents, text, software (including source code), research, reports, proposals, specifications, plans, notes, studies, data, images, photographs, negatives, pictures, drawings, designs, models, surveys, maps, materials, ideas, concepts, know-how, information, and any other results of the Work. “Work Product” does not include any material that was developed prior to the Effective Date that is used, without modification, in the performance of the Work. Any other term used in this Agreement that is defined elsewhere in this Agreement or in an Exhibit shall be construed and interpreted as defined in that section. 4. STATEMENT OF WORK AND BUDGET Subrecipient shall complete the Work as described in this Agreement and in accordance with the provisions of Exhibit A. The State shall have no liability to compensate Subrecipient for the delivery of any goods or the performance of any services that are not specifically set forth in this Agreement. 5. PAYMENTS TO SUBRECIPIENT A. Subaward Maximum Amount Payments to Subrecipient are limited to the unpaid, obligated balance of the Grant Funds. The State shall not pay Subrecipient any amount under this Agreement that exceeds the Subaward Maximum Amount shown on the Cover Page of this Agreement as “Federal Funds Maximum Amount”. B. Payment Procedures i. Invoices and Payment a. The State shall pay Subrecipient in the amounts and in accordance with the schedule and other conditions set forth in Exhibit A. b. Subrecipient shall initiate payment requests by invoice to the State, in a form and manner approved by the State. c. The State shall pay each invoice within 45 days following the State’s receipt of that invoice, so long as the amount invoiced correctly represents Work completed by Subrecipient and previously accepted by the State during the term that the invoice covers. If the State determines that the amount of any invoice is not correct, then Subrecipient shall make all changes necessary to correct that invoice. d. The acceptance of an invoice shall not constitute acceptance of any Work performed or Deliverables provided under this Agreement. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 7 of 51 ii. Interest Amounts not paid by the State within 45 days of the State’s acceptance of the invoice shall bear interest on the unpaid balance beginning on the 45th day at the rate of 1% per month, as required by §24-30-202(24)(a), C.R.S., until paid in full; provided, however, that interest shall not accrue on unpaid amounts that the State disputes in writing. Subrecipient shall invoice the State separately for accrued interest on delinquent amounts, and the invoice shall reference the delinquent payment, the number of days’ interest to be paid and the interest rate. iii. Payment Disputes If Subrecipient disputes any calculation, determination or amount of any payment, Subrecipient shall notify the State in writing of its dispute within 30 days following the earlier to occur of Subrecipient’s receipt of the payment or notification of the determination or calculation of the payment by the State. The State will review the information presented by Subrecipient and may make changes to its determination based on this review. The calculation, determination or payment amount that results from the State’s review shall not be subject to additional dispute under this subsection. No payment subject to a dispute under this subsection shall be due until after the State has concluded its review, and the State shall not pay any interest on any amount during the period it is subject to dispute under this subsection. iv. Available Funds-Contingency-Termination The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Subrecipient beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Grant Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non- State funds constitute all or some of the Grant Funds, the State’s obligation to pay Subrecipient shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Grant Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Grant Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.E. v. Federal Recovery The close-out of a Federal Award does not affect the right of the Federal Awarding Agency or the State to disallow costs and recover funds on the basis of a later audit or other review. Any cost disallowance recovery is to be made within the Record Retention Period, as defined below. C. Matching Funds Subrecipient shall provide Matching Funds as provided in Exhibit A. Subrecipient shall have raised the full amount of Matching Funds prior to the Effective Date and shall report to the State regarding the status of such funds upon request. Subrecipient’s o bligation to pay all or any part of any Matching Funds, whether direct or contingent, only extends to funds duly and lawfully appropriated for the purposes of this Agreement by the authorized representatives of Subrecipient and paid into Subrecipient’s treasury or bank account. Subrecipient represents to the State that the amount designated “Subrecipient’s Matching Funds” in Exhibit A has been legally appropriated for the purposes of this Agreement by its authorized representatives and paid into its treasury or bank account. Subrecipient does not by this Agreement irrevocably pledge present cash reserves for payments in future fiscal years, and this Agreement is not intended to create a multiple-fiscal year debt of Subrecipient. Subrecipient shall not pay or be liable for any claimed interest, late charges, fees, taxes or penalties of any nature, except as required by Subrecipient’s laws or policies. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 8 of 51 D. Reimbursement of Subrecipient Costs i. The State shall reimburse Subrecipient for the federal share of properly documented allowable costs related to the Work after review and approval thereof, subject to the provisions of §5, this Agreement, and Exhibit A. However, any costs incurred by Subrecipient prior to the Effective Date shall not be reimbursed absent specific allowance of pre -award costs and indication that the Federal Award funding is retroactive. The State shall pay Subrecipient for costs or expenses incurred or performance by the Subrecipient prior to the Effective Date, only if (1) the Grant Funds involve federal funding and (2) federal laws, rules, and regulations applicable to the Work provide for such retroactive payments to the Subrecipient. Any such retroactive payments shall comply with State Fiscal Rules and be made in accordance with the provisions of this Agreement. ii. The State shall reimburse Subrecipient’s allowable costs, not exceeding the Subaward Maximum Amount shown on the Cover Page of this Agreement and on Exhibit A for all allowable costs described in this Agreement and shown in Exhibit A, except that Subrecipient may adjust the amounts between each line item of Exhibit A without formal modification to this Agreement as long as the Subrecipient provides notice to the State of the change, th e change does not modify the Subaward Maximum Amount or the Subaward Maximum Amount for any federal fiscal year or State Fiscal Year, and the change does not modify any requirements of the Work. iii. The State shall only reimburse allowable costs described in this Agreement and shown in the Budget if those costs are: a. Reasonable and necessary to accomplish the Work and for the Goods and Services provided; and b. Equal to the actual net cost to Subrecipient (i.e. the price paid minus any items of value received by Subrecipient that reduce the cost actually incurred). iv. Subrecipient’s costs for Work performed after the Fund Expenditure End Date shown on the Cover Page for this Agreement, or after any phase performance period end date for a respective phase of the Work, shall not be reimbursable. Subrecipient shall initiate any payment request by submitting invoices to the State in the form and manner set forth and approved by the State. E. Close-Out Subrecipient shall close out this Award within 45 days after the Fund Expenditure End Date shown on the Cover Page for this Agreement. To complete close-out, Subrecipient shall submit to the State all Deliverables (including documentation) as defined in this Agreement and Subrecipient’s final reimbursement request or invoice. The State will withhold 5% of allowable costs until all final documentation has been submitted and accepted by the State as substantially complete. If the Federal Awarding Agency has not closed this Federal Award within one year and 90 days after the Fund Expenditure End Date shown on the Cover Page for this Agreement due to Subrecipient’s failure to submit required documentation, then Subrecipient may be prohibited from applying for new Federal Awards through the State until such documentation is submitted and accepted. 6. REPORTING - NOTIFICATION A. Quarterly Reports In addition to any reports required pursuant to any other Exhibit, for any Agreement having a term longer than three months, Subrecipient shall submit, on a quarterly basis, a written report specifying progress made for each specified performance measure and standard in this Agreement. Such progress report shall be in accordance with the procedures developed and prescribed by the State. Progress reports shall be submitted to the State not later than five Business Days following the end of each calendar quarter or at such time as otherwise specified by the State. B. Litigation Reporting If Subrecipient is served with a pleading or other document in connection with an action before a court or other administrative decision making body, and such pleading or document relates to this Agreement or may affect Subrecipient’s ability to perform it s obligations under this Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 9 of 51 Agreement, Subrecipient shall, within 10 days after being served, notify the State of such action and deliver copies of such pleading or document to the State’s Principal Representative identified on the Cover Page for this Agreement. C. Performance and Final Status Subrecipient shall submit all financial, performance and other reports to the State no later than 45 calendar days after the end of the Initial Term if no Extension Terms are exercised, or the final Extension Term exercised by the State, containing an evaluation and review of Subrecipient’s performance and the final status of Subrecipient’s obligations hereunder. D. Violations Reporting Subrecipient shall disclose, in a timely manner, in writing to the State and the Federal Awarding Agency, all violations of federal or State criminal law involving fraud, bribery, or gratuity violations potentially affecting the Federal Award. The State or the Federal Awarding Agency may impose any penalties for noncompliance allowed under 2 CFR Part 180 and 31 U.S.C. 3321, which may include, without limitation, suspension or debarment. 7. SUBRECIPIENT RECORDS A. Maintenance Subrecipient shall make, keep, maintain, and allow inspection and monitoring by the State of a complete file of all records, documents, communications, notes and other written materials, electronic media files, and communications, pertaining in any manner to the Work and the delivery of Services (including, but not limited to the operation of programs) or Goods hereunder (collectively, the “Subrecipient Records”). Subrecipient shall maintain such records for a period of three years following the date of submission to the State of the final expenditure report, or if this Award is renewed quarterly or annually, from the date of the submission of each quarterly or annual report, respectively (the “Record Retention Period”). If any litigation, claim, or audit related to this Award starts before expiration of the Record Retention Period, the Record Retention Period shall extend until all litigation, claims, or audit findings have been resolved and final action taken by the State or Federal Awarding Agency. The Federal Awarding Agency, a cognizant agency for audit, oversight or indirect costs, and the State, may notify Subrecipient in writing that the Record Retention Period shall be extended. For records for real property and equipment, the Record Retention Period shall extend three years following final disposition of such property. B. Inspection Subrecipient shall permit the State, the federal government, and any other duly authorized agent of a governmental agency to audit, inspect, examine, excerpt, copy and transcribe Subrecipient Records during the Record Retention Period. Subrecipient shall make Subrecipient Records available during normal business hours at Subrecipient’s office or place of business, or at other mutually agreed upon times or locations, upon no fewer than two Business Days’ notice from the State, unless the State determines that a shorter period of notice, or no notice, is necessary to protect the interests of the State. C. Monitoring The State, the federal government, and any other duly authorized agent of a governmental agency, in its discretion, may monitor Subrecipient’s performance of its obligations under this Agreement using procedures as determined by the State or that governmental entity. Subrecipient shall allow the State to perform all monitoring required by the Uniform Guidance, based on the State’s risk analysis of Subrecipient and this Agreement. The State shall have the right, in its sole discretion, to change its monitoring procedures and requirements at any time during the term of this Agreement. The State shall monitor Subrecipient’s performance in a manner that does not unduly interfere with Subrecipient’s performance of the Work. D. Final Audit Report Subrecipient shall promptly submit to the State a copy of any final audit report of an audit performed on Subrecipient’s records that relates to or affects this Agreement or the Work, whether the audit is conducted by Subrecipient or a third party. Additionally, if Subrecipient is Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 10 of 51 required to perform a single audit under 2 CFR 200.501, et. seq., then Subrecipient shall submit a copy of the results of that audit to the State within the same timelines as the submission to the federal government. 8. CONFIDENTIAL INFORMATION - STATE RECORDS A. Confidentiality Subrecipient shall keep confidential, and cause all Subcontractors to keep confidential, all State Records, unless those State Records are publicly available. Subrecipient shall not, without prior written approval of the State, use, publish, copy, disclose to any third party, or permit the use by any third party of any State Records, except as otherwise stated in this Agreement, permitted by law or approved in writing by the State. Subrecipient shall provide for the security of all State Confidential Information in accordance with all applicable laws, rules, policies, publications, and guidelines. Subrecipient shall immediately forward any request or demand for State Records to the State’s Principal Representative identified on the Cover Page of the Agreement. B. Other Entity Access and Nondisclosure Agreements Subrecipient may provide State Records to its agents, employees, assigns and Subcontractors as necessary to perform the Work, but shall restrict access to State Confidential Information to those agents, employees, assigns and Subcontractors who require access to perform their obligations under this Agreement. Subrecipient shall ensure all such agents, employees, assigns, and Subcontractors sign agreements containing nondisclosure provisions at least as protective as those in this Agreement, and that the nondisclosure provisions are in force at all times the agent, employee, assign or Subcontractor has access to any State Confidential Information. Subrecipient shall provide copies of those signed nondisclosure provisions to the State upon execution of the nondisclosure provisions if requested by the State. C. Use, Security, and Retention Subrecipient shall use, hold and maintain State Confidential Information in compliance with any and all applicable laws and regulations only in facilities located within the United States, and shall maintain a secure environment that ensures confidentiality of all State Confidential Information. Subrecipient shall provide the State with access, subject to Subrecipient’s reasonable security requirements, for purposes of inspecting and monitoring access and use of State Confidential Information and evaluating security control effectiveness. Upon the expiration or termination of this Agreement, Subrecipient shall return State Records provided to Subrecipient or destroy such State Records and certify to the State that it has done so, as directed by the State. If Subrecipient is prevented by law or regulation from returning or destroying State Confidential Information, Subrecipient warrants it will guarantee the confidentiality of, and cease to use, such State Confidential Information. D. Incident Notice and Remediation If Subrecipient becomes aware of any Incident, Subrecipient shall notify the State immediately and cooperate with the State regarding recovery, remediation, and the necessity to involve law enforcement, as determined by the State. Unless Subrecipient can establish that Subrecipient and its agents, employees, and Subcontractors are not the cause or source of the Incident, Subrecipient shall be responsible for the cost of notifying each person who may have been impacted by the Incident. After an Incident, Subrecipient shall take steps to reduce the risk of incurring a similar type of Incident in the future as directed by the State, which may include, but is not limited to, developing and implementing a remediation plan that is approved by the State at no additional cost to the State. The State may adjust or direct modifications to this plan, in its sole discretion and Subrecipient shall make all modifications as directed by the State. If Subrecipient cannot produce its analysis and plan within the allotted time, the State, in its sole discretion, may perform such analysis and produce a remediation plan, and Subrecipient shall reimburse the State for the reasonable costs thereof. The State may, in its sole discretion and at Subrecipient’s sole expense, require Subrecipient to engage the services of an independent, qualified, State-approved third party to conduct a security audit. Subrecipient shall provide the State with the results of such audit and evidence of Subrecipient’s planned remediation in response to any negative findings. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 11 of 51 E. Data Protection and Handling Subrecipient shall ensure that all State Records and Work Product in the possession of Subrecipient or any Subcontractors are protected and handled in accordance with the requirements of this Agreement, including the requirements of any Exhibits hereto, at all times. As used in this section, the protections afforded Work Product only apply to Work Product that requires confidential treatment. F. Safeguarding PII If Subrecipient or any of its Subcontractors will or may receive PII under this Agreement, Subrecipient shall provide for the security of such PII, in a manner and form acceptable to the State, including, without limitation, State non-disclosure requirements, use of appropriate technology, security practices, computer access security, data access security, data storage encryption, data transmission encryption, security inspections, and audits. Subrecipient shall be a “Third-Party Service Provider” as defined in §24-73-103(1)(i), C.R.S., and shall maintain security procedures and practices consistent with §§24-73-101 et seq., C.R.S. 9. CONFLICTS OF INTEREST A. Actual Conflicts of Interest Subrecipient shall not engage in any business or activities or maintain any relationships that conflict in any way with the full performance of the obligations of Subrecipient under this Agreement. Such a conflict of interest would arise when a Subrecipient or Subcontractor’s employee, officer or agent were to offer or provide any tangible personal benefit to an employee of the State, or any member of his or her immediate family or his or her partner, related to the award of, entry into or management or oversight of this Agreement. B. Apparent Conflicts of Interest Subrecipient acknowledges that, with respect to this Agreement, even the appearance of a conflict of interest shall be harmful to the State’s interests. Absent the State’s prior written approval, Subrecipient shall refrain from any practices, activities or relationships that reasonably appear to be in conflict with the full performance of Subrecipient’s obligations under this Agreement. C. Disclosure to the State If a conflict or the appearance of a conflict arises, or if Subrecipient is uncertain whether a conflict or the appearance of a conflict has arisen, Subrecipient shall submit to the State a disclosure statement setting forth the relevant details for the St ate’s consideration. Failure to promptly submit a disclosure statement or to follow the State’s direction in regard to the actual or apparent conflict constitutes a breach of this Agreement. D. Subrecipient acknowledges that all State employees are subject to the ethical principles described in §24-18-105, C.R.S. Subrecipient further acknowledges that State employees may be subject to the requirements of §24-18-105, C.R.S., with regard to this Agreement. For the avoidance of doubt, an actual or apparent conflict of interest shall exist if Subrecipient employs or contracts with any State employee, any former State employee within six months following such employee’s termination of employment with the State, or any immediate family member of such current or former State employee. Subrecipient shall provide a disclosure statement as described in §9.C. no later than ten days following entry into a contractual or employment relationship as described in this section. Failure to timely submit a disclosure statement shall constitute a Breach of Agreement. Subrecipient may also be subject to such penalties as are allowed by law. 10. INSURANCE Subrecipient shall obtain and maintain, and ensure that each Subcontractor shall obtain and maintain, insurance as specified in this section at all times during the term of this Agreement. All insurance policies required by this Agreement that are not provided through self -insurance shall be issued by insurance companies as approved by the State. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 12 of 51 A. Workers’ Compensation Workers’ compensation insurance as required by state statute, and employers’ liability insurance covering all Subrecipient or Subcontractor employees acting within the course and scope of their employment. B. General Liability Commercial general liability insurance covering premises operations, fire damage, independent contractors, products and completed operations, blanket contractual liability, personal injury, and advertising liability with minimum limits as follows: i. $1,000,000 each occurrence; ii. $1,000,000 general aggregate; iii. $1,000,000 products and completed operations aggregate; and iv. $50,000 any 1 fire. C. Automobile Liability Automobile liability insurance covering any auto (including owned, hired and non-owned autos) with a minimum limit of $1,000,000 each accident combined single limit. D. Additional Insured The State shall be named as additional insured on all commercial general liability policies (leases and construction contracts require additional insured coverage for completed operations) required of Subrecipient and Subcontractors. E. Primacy of Coverage Coverage required of Subrecipient and each Subcontractor shall be primary over any insurance or self-insurance program carried by Subrecipient or the State. F. Cancellation All insurance policies shall include provisions preventing cancellation or non-renewal, except for cancellation based on non-payment of premiums, without at least 30 days prior notice to Subrecipient and Subrecipient shall forward such notice to the State in accordance with §14 within seven days of Subrecipient’s receipt of such notice. G. Subrogation Waiver All insurance policies secured or maintained by Subrecipient or its Subcontractors in relation to this Agreement shall include clauses stating that each carrier shall waive all rights of recovery under subrogation or otherwise against Subrecipient or the State, its agencies, institutions, organizations, officers, agents, employees, and volunteers. H. Public Entities If Subrecipient is a "public entity" within the meaning of the Colorado Governmental Immunity Act, §24-10-101, et seq., C.R.S. (the “GIA”), Subrecipient shall maintain, in lieu of the liability insurance requirements stated above, at all times during the term of this Agreement such liability insurance, by commercial policy or self-insurance, as is necessary to meet its liabilities under the GIA. If a Subcontractor is a public entity within the meaning of the GIA, Subrecipient shall ensure that the Subcontractor maintain at all times during the terms of this Subrecipient, in lieu of the liability insurance requirements stated above, such liability insurance, by commercial policy or self-insurance, as is necessary to meet the Subcontractor’s obligations under the GIA. I. Certificates For each insurance plan provided by Subrecipient under this Agreement, Subrecipient shall provide to the State certificates evidencing Subrecipient’s insurance coverage required in this Agreement prior to the Effective Date. Subrecipient shall provide to t he State certificates evidencing Subcontractor insurance coverage required under this Agreement prior to the Effective Date, except that, if Subrecipient’s subcontract is not in effect as of the Effective Date, Subrecipient shall provide to the State certificates showing Subcontractor insurance coverage required under this Agreement within seven Business Days following Subrecipient’s execution of Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 13 of 51 the subcontract. No later than 15 days before the expiration date of Subrecipient’s or any Subcontractor’s coverage, Subrecipient shall deliver to the State certificates of insurance evidencing renewals of coverage. At any other time during the term of this Agreement, upon request by the State, Subrecipient shall, within seven Business Days following the request by the State, supply to the State evidence satisfactory to the State of compliance with the provisions of this section. 11. BREACH OF AGREEMENT In the event of a Breach of Agreement, the aggrieved Party shall give written notice of breach to the other Party. If the notified Party does not cure the Breach of Agreement, at its sole expense, within 30 days after the delivery of written notice, the Party may exercise any of the remedies as described in §12 for that Party. Notwithstanding any provision of this Agreement to the contrary, the State, in its discretion, need not provide notice or a cure period and may immediately terminate this Agreement in whole or in part or institute any other remedy in this Agreement in order to protect the public interest of the State; or if Subrecipient is debarred or suspended under §24-109-105, C.R.S., the State, in its discretion, need not provide notice or cure period and may terminate this Agreement in whole or in part or institute any other remedy in this Agreement as of the date that the debarment or suspension takes effect. 12. REMEDIES A. State’s Remedies If Subrecipient is in breach under any provision of this Agreement and fails to cure such breach, the State, following the notice and cure period set forth in §11, shall have all of the remedies listed in this section in addition to all other remedies set forth in this Agreement or at law. The State may exercise any or all of the remedies available to it, in its discretion, concurrently or consecutively. i. Termination for Breach of Agreement In the event of Subrecipient’s uncured breach, the State may terminate this entire Agreement or any part of this Agreement. Additionally, if Subrecipient fails to comply with any terms of the Federal Award, then the State may, in its discretion or at the direction of a Federal Awarding Agency, terminate this entire Agreement or any part of this Agreement. Subrecipient shall continue performance of this Agreement to the extent not terminated, if any. a. Obligations and Rights To the extent specified in any termination notice, Subrecipient shall not incur further obligations or render further performance past the effective date of such notice, and shall terminate outstanding orders and subcontracts with third parties. However, Subrecipient shall complete and deliver to the State all Work not cancelled by the termination notice, and may incur obligations as necessary to do so within this Agreement’s terms. At the request of the State, Subrecipient shall assign to the State all of Subrecipient’s rights, title, and interest in and to such terminated orders or subcontracts. Upon termination, Subrecipient shall take timely, reasonable and necessary action to protect and preserve property in the possession of Subrecipient but in which the State has an interest. At the State’s request, Subrecipient shall return materials owned by the State in Subrecipient’s possession at the time of any termination. Subrecipient shall deliver all completed Work Product and all Work Product that was in the process of completion to the State at the State’s request. b. Payments Notwithstanding anything to the contrary, the State shall only pay Subrecipient for accepted Work received as of the date of termination. If, after termination by the State, the State agrees that Subrecipient was not in breach or that Subrecipient’s action or inaction was excusable, such termination shall be treated as a termination in the public interest, and the rights and obligations of the Parties shall be as if this Agreement had been terminated in the public interest under §2.E. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 14 of 51 c. Damages and Withholding Notwithstanding any other remedial action by the State, Subrecipient shall remain liable to the State for any damages sustained by the State in connection with any breach by Subrecipient, and the State may withhold payment to Subrecipient for the purpose o f mitigating the State’s damages until such time as the exact amount of damages due to the State from Subrecipient is determined. The State may withhold any amount that may be due Subrecipient as the State deems necessary to protect the State against loss including, without limitation, loss as a result of outstanding liens and excess costs incurred by the State in procuring from third parties replacement Work as cover. ii. Remedies Not Involving Termination The State, in its discretion, may exercise one or more of the following additional remedies: a. Suspend Performance Suspend Subrecipient’s performance with respect to all or any portion of the Work pending corrective action as specified by the State without entitling Subrecipient to an adjustment in price or cost or an adjustment in the performance schedule. Subrecipient shall promptly cease performing Work and incurring costs in accordance with the State’s directive, and the State shall not be liable for costs incurred by Subrecipient after the suspension of performance. b. Withhold Payment Withhold payment to Subrecipient until Subrecipient corrects its Work. c. Deny Payment Deny payment for Work not performed, or that due to Subrecipient’s actions or inactions, cannot be performed or if they were performed are reasonably of no value to the state; provided, that any denial of payment shall be equal to the value of the obligations not performed. d. Removal Demand immediate removal of any of Subrecipient’s employees, agents, or Subcontractors from the Work whom the State deems incompetent, careless, insubordinate, unsuitable, or otherwise unacceptable or whose continued relation to this Agreement is deemed by the State to be contrary to the public interest or the State’s best interest. e. Intellectual Property If any Work infringes, or if the State in its sole discretion determines that any Work is likely to infringe, a patent, copyright, trademark, trade secret or other intellectual property right, Subrecipient shall, as approved by the State (i) secure that right to use such Work for the State and Subrecipient; (ii) replace the Work with noninfringing Work or modify the Work so that it becomes noninfringing; or, (iii) remove any infringing Work and refund the amount paid for such Work to the State. B. Subrecipient’s Remedies If the State is in breach of any provision of this Agreement and does not cure such breach, Subrecipient, following the notice and cure period in §11 and the dispute resolution process in §13 shall have all remedies available at law and equity. 13. DISPUTE RESOLUTION A. Initial Resolution Except as herein specifically provided otherwise, disputes concerning the performance of this Agreement which cannot be resolved by the designated Agreement representatives shall be referred in writing to a senior departmental management staff member designated by the State and a senior manager designated by Subrecipient for resolution. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 15 of 51 B. Resolution of Controversies If the initial resolution described in §13.A fails to resolve the dispute within 10 Business Days, Subrecipient shall submit any alleged breach of this Agreement by the State to the Procurement Official of the State Agency named on the Cover Page of this Agreement as described in §24-101- 301(30), C.R.S., for resolution following the same resolution of controversies process as described in §§24-106-109, and 24-109-101.1 through 24-109-505, C.R.S., (collectively, the “Resolution Statutes”), except that if Subrecipient wishes to challenge any decision rendered by the Procurement Official, Subrecipient’s challenge shall be an appeal to the executive director of the Department of Personnel and Administration, or their delegate, in the same manner as described in the Resolution Statutes before Subrecipient pursues any further action. Except as otherwise stated in this Section, all requirements of the Resolution Statutes shall apply including, without limitation, time limitations regardless of whether the Colorado Procurement Code applies to this Agreement. 14. NOTICES and REPRESENTATIVES Each individual identified as a Principal Representative on the Cover Page for this Agreement shall be the principal representative of the designating Party. All notices required or permitted to be given under this Agreement shall be in writing, and shall be delivered (A) by hand with receipt required, (B) by certified or registered mail to such Party’s principal representative at the address set forth on the Cover Page for this Agreement or (C) as an email with read receipt requested to the principal representative at the email address, if any, set forth on the Cover Page for this Agreement. If a Party delivers a notice to another through email and the email is undeliverable, then, unless the Party has been provided with an alternate email contact, the Party delivering the notice shall deliver the notice by hand with receipt required or by certified or registered mail to such Party’s principal representative at the address set forth on the Cover Page for this Agreement. Either Party may change its principal representative or principal representative contact information, or may designate specific other individuals to receive certain types of notices in addition to or in lieu of a principal representative, by notice submitted in accordance with this section without a formal amendment to this Agreement. Unless otherwise provided in this Agreement, notices shall be effective upon delivery of the written notice. 15. RIGHTS IN WORK PRODUCT AND OTHER INFORMATION A. Work Product Subrecipient agrees to provide to the State a royalty-free, non-exclusive and irrevocable license to reproduce publish or otherwise use and to authorize others to use the Work Product described herein, for the Federal Awarding Agency’s and State’s purposes. All Work Product shall be delivered to the State by Subrecipient upon completion or termination hereof. B. Exclusive Property of the State Except to the extent specifically provided elsewhere in this Agreement, all State Records, documents, text, software (including source code), research, reports, proposals, specifications, plans, notes, studies, data, images, photographs, negatives, pictures, drawings, designs, models, surveys, maps, materials, ideas, concepts, know-how, and information provided by or on behalf of the State to Subrecipient are the exclusive property of the State (collectively, “State Materials”). Subrecipient shall not use, willingly allow, cause or permit Work Product or State Materials to be used for any purpose other than the performance of Subrecipient’s obligations in this Agreement without the prior written consent of the State. Upon termination of this Agreement for any reason, Subrecipient shall provide all Work Product and State Materials to the State in a form and manner as directed by the State. C. Exclusive Property of Subrecipient Subrecipient retains the exclusive rights, title, and ownership to any and all pre-existing materials owned or licensed to Subrecipient including, but not limited to, all pre-existing software, licensed products, associated source code, machine code, text images, audio and/or video, and third-party materials, delivered by Subrecipient under this Agreement, whether incorporated in a Deliverable or necessary to use a Deliverable (collectively, “Subrecipient Property”). Subrecipient Property shall be licensed to the State as set forth in this Agreement or Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 16 of 51 a State approved license agreement: (i) entered into as exhibits to this Agreement, (ii) obtained by the State from the applicable third-party vendor, or (iii) in the case of open source software, the license terms set forth in the applicable open source license agreement. 16. GENERAL PROVISIONS A. Assignment Subrecipient’s rights and obligations under this Agreement are personal and may not be transferred or assigned without the prior, written consent of the State. Any attempt at assignment or transfer without such consent shall be void. Any assignment or transfer of Subrecipient’s rights and obligations approved by the State shall be subject to the provisions of this Agreement. B. Subcontracts Subrecipient shall not enter into any subaward or subcontract in connection with its obligations under this Agreement without the prior, written approval of the State. Subrecipient shall submit to the State a copy of each such subaward or subcontract upon request by the State. All subawards and subcontracts entered into by Subrecipient in connection with this Agreement shall comply with all applicable federal and state laws and regulations, shall provide that they are governed by the laws of the State of Colorado, and shall be subject to all provisions of this Agreement. If the entity with whom Subrecipient enters into a subcontract or subaward would also be considered a Subrecipient, then the subcontract or subaward entered into by Subrecipient shall also contain provisions permitting both Subrecipient and the State to perform all monitoring of that Subcontractor in accordance with the Uniform Guidance. C. Binding Effect Except as otherwise provided in §16.A, all provisions of this Agreement, including the benefits and burdens, shall extend to and be binding upon the Parties’ respective successors and assigns. D. Authority Each Party represents and warrants to the other that the execution and delivery of this Agreement and the performance of such Party’s obligations have been duly authorized. E. Captions and References The captions and headings in this Agreement are for convenience of reference only, and shall not be used to interpret, define, or limit its provisions. All references in this Agreement to sections (whether spelled out or using the § symbol), subsections, exhibits or other attachments, are references to sections, subsections, exhibits or other attachments contained herein or incorporated as a part hereof, unless otherwise noted. F. Counterparts This Agreement may be executed in multiple, identical, original counterparts, each of which shall be deemed to be an original, but all of which, taken together, shall constitute one and the same agreement. G. Entire Understanding This Agreement represents the complete integration of all understandings between the Parties related to the Work, and all prior representations and understandings related to the Work, oral or written, are merged into this Agreement. Prior or contemporaneous additions, deletions, or other changes to this Agreement shall not have any force or effect whatsoever, unless embodied herein. H. Digital Signatures If any signatory signs this Agreement using a digital signature in accordance with the Colorado State Controller Contract, Grant and Purchase Order Policies regarding the use of digital signatures issued under the State Fiscal Rules, then any agreement or consent to use digital signatures within the electronic system through which that signatory signed shall be incorporated into this Agreement by reference. I. Modification Except as otherwise provided in this Agreement, any modification to this Agreement shall only be effective if agreed to in a formal amendment to this Agreement, properly executed and Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 17 of 51 approved in accordance with applicable Colorado State law and State Fiscal Rules. Modifications permitted under this Agreement, other than Agreement amendments, shall conform to the policies issued by the Colorado State Controller. J. Statutes, Regulations, Fiscal Rules, and Other Authority. Any reference in this Agreement to a statute, regulation, State Fiscal Rule, fiscal policy or other authority shall be interpreted to refer to such authority then current, as may have been changed or amended since the Effective Date of this Agreement. K. External Terms and Conditions Notwithstanding anything to the contrary herein, the State shall not be subject to any provision included in any terms, conditions, or agreements appearing on Subrecipient’s or a Subcontractor’s website or any provision incorporated into any click-through or online agreements related to the Work unless that provision is specifically referenced in this Agreement. L. Severability The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect, provided that the Parties can continue to perform their obligations under this Agreement in accordance with the intent of this Agreement. M. Survival of Certain Agreement Terms Any provision of this Agreement that imposes an obligation on a Party after termination or expiration of this Agreement shall survive the termination or expiration of this Agreement and shall be enforceable by the other Party. N. Taxes The State is exempt from federal excise taxes under I.R.C. Chapter 32 (26 U.S.C., Subtitle D, Ch. 32) (Federal Excise Tax Exemption Certificate of Registry No. 84-730123K) and from State and local government sales and use taxes under §§39-26-704(1), et seq., C.R.S. (Colorado Sales Tax Exemption Identification Number 98-02565). The State shall not be liable for the payment of any excise, sales, or use taxes, regardless of whether any political subdivision of the State imposes such taxes on Subrecipient. Subrecipient shall be solely responsible for any exemptions from the collection of excise, sales or use taxes that Subrecipient may wish to have in place in connection with this Agreement. O. Third Party Beneficiaries Except for the Parties’ respective successors and assigns described in §16.A, this Agreement does not and is not intended to confer any rights or remedies upon any person or entity other than the Parties. Enforcement of this Agreement and all rights and obligations hereunder are reserved solely to the Parties. Any services or benefits which third parties receive as a result of this Agreement are incidental to this Agreement, and do not create any rights for such third parties. P. Waiver A Party’s failure or delay in exercising any right, power, or privilege under this Agreement, whether explicit or by lack of enforcement, shall not operate as a waiver, nor shall any single or partial exercise of any right, power, or privilege preclude any other or further exercise of such right, power, or privilege. Q. CORA Disclosure To the extent not prohibited by federal law, this Agreement and the performance measures and standards required under §24-106-107, C.R.S., if any, are subject to public release through the CORA. R. Standard and Manner of Performance Subrecipient shall perform its obligations under this Agreement in accordance with the highest standards of care, skill and diligence in Subrecipient’s industry, trade, or profession. S. Licenses, Permits, and Other Authorizations i. Subrecipient shall secure, prior to the Effective Date, and maintain at all times during the term of this Agreement, at its sole expense, all licenses, certifications, permits, and other authorizations required to perform its obligations under this Agreement, and shall ensure Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 18 of 51 that all employees, agents and Subcontractors secure and maintain at all times during the term of their employment, agency or Subcontractor, all license, certifications, permits and other authorizations required to perform their obligations in relation to this Agreement. ii. Subrecipient, if a foreign corporation or other foreign entity transacting business in the State of Colorado, shall obtain prior to the Effective Date and maintain at all times during the term of this Agreement, at its sole expense, a certificate of authority to transact business in the State of Colorado and designate a registered agent in Colorado to accept service of process. T. Federal Provisions Subrecipient shall comply with all applicable requirements of Exhibits C and D at all times during the term of this Agreement. U. Accessibility i. Grantee shall comply with and the Work Product provided under this Agreement shall be in compliance with all applicable provisions of §§24-85-101, et seq., C.R.S., and the Accessibility Standards for Individuals with a Disability, as established by the Governor’s Office of Information Technology (OIT), pursuant to Section §24-85-103 (2.5), C.R.S. Grantee shall also comply with all State of Colorado technology standards related to technology accessibility and with Level AA of the most current version of the Web Content Accessibility Guidelines (WCAG), incorporated in the State of Colorado technology standards. ii. The State may require Grantee’s compliance to the State’s Accessibility Standards to be determined by a third party selected by the State to attest to Grantee’s Work Product and software is in compliance with §§24-85-101, et seq., C.R.S., and the Accessibility Standards for Individuals with a Disability as established by OIT pursuant to Section §24-85-103 (2.5), C.R.S. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 19 of 51 17. COLORADO SPECIAL PROVISIONS (COLORADO FISCAL RULE 3 -3) These Special Provisions apply to all agreements except where noted in italics. A. STATUTORY APPROVAL. §24-30-202(1), C.R.S. This Agreement shall not be valid until it has been approved by the Colorado State Controller or designee. If this Agreement is for a Major Information Technology Project, as defined in §24 - 37.5-102(2.6), C.R.S., then this Agreement shall not be valid until it has been approved by the State’s Chief Information Officer or designee. B. FUND AVAILABILITY. §24-30-202(5.5), C.R.S. Financial obligations of the State payable after the current State Fiscal Year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available. C. GOVERNMENTAL IMMUNITY. Liability for claims for injuries to persons or property arising from the negligence of the State, its departments, boards, commissions committees, bureaus, offices, employees and officials shall be controlled and limited by the provisions of the Colorado Governmental Immunity Act, §24-10-101, et seq., C.R.S.; the Federal Tort Claims Act, 28 U.S.C. Pt. VI, Ch. 171 and 28 U.S.C. 1346(b), and the State’s risk management statutes, §§24-30-1501, et seq. C.R.S. No term or condition of this Agreement shall be construed or interpreted as a waiver, express or implied, of any of the immunities, rights, benefits, protections, or other provisions, contained in these statutes. D. INDEPENDENT CONTRACTOR. Subrecipient shall perform its duties hereunder as an independent contractor and not as an employee. Neither Subrecipient nor any agent or employee of Subrecipient shall be deemed to be an agent or employee of the State. Subrecipient shall not have authorization, express or implied, to bind the State to any agreement, liability or understanding, except as expressly set forth herein. Subrecipient and its employees and agents are not entitled to unemployment insurance or workers compensation benefits through the State and the State shall not pay for or otherwise provide such coverage for Subrecipient or any of its agents or employees. Subrecipient shall pay when due all applicable employment taxes and income taxes and local head taxes incurred pursuant to thi s Agreement. Subrecipient shall (i) provide and keep in force workers' compensation and unemployment compensation insurance in the amounts required by law, (ii) provide proof thereof when requested by the State, and (iii) be solely responsible for its acts and those of its employees and agents. E. COMPLIANCE WITH LAW. Subrecipient shall comply with all applicable federal and State laws, rules, and regulations in effect or hereafter established, including, without limitation, laws applicable to discrimination and unfair employment practices. F. CHOICE OF LAW, JURISDICTION, AND VENUE. Colorado law, and rules and regulations issued pursuant thereto, shall be applied in the interpretation, execution, and enforcement of this Agreement. Any provision included or incorporated herein by reference which conflicts with said laws, rules, and regulations shall be null and void. All suits or actions related to this Agreement shall be filed and proceedings held in the State of Colorado and exclusive venue shall be in the City and County of Denver. G. PROHIBITED TERMS. Any term included in this Agreement that requires the State to indemnify or hold Subrecipient harmless; requires the State to agree to binding arbitration; limits Subrecipient’s liability for damages resulting from death, bodily injury, or damage to tangible property; or that conflicts with this provision in any way shall be void ab initio. Nothing in this Agreement shall be construed as a waiver of any provision of §24-106-109, C.R.S. H. SOFTWARE PIRACY PROHIBITION. State or other public funds payable under this Agreement shall not be used for the acquisition, operation, or maintenance of computer software in violation of federal copyright laws or Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 20 of 51 applicable licensing restrictions. Subrecipient hereby certifies and warrants that, during the term of this Agreement and any extensions, Subrecipient has and shall maintain in place appropriate systems and controls to prevent such improper use of public funds. If the State determines that Subrecipient is in violation of this provision, the State may exercise any remedy available at law or in equity or under this Agreement, including, without limitation, immediate termination of this Agreement and any remedy consistent with federal copyright laws or applicable licensing restrictions. I. EMPLOYEE FINANCIAL INTEREST/CONFLICT OF INTEREST. §§24-18-201 and 24-50-507, C.R.S. The signatories aver that to their knowledge, no employee of the State has any personal or beneficial interest whatsoever in the service or property described in this Agreement. Subrecipient has no interest and shall not acquire any interest, direct or indirect, that would conflict in any manner or degree with the performance of Subrecipient’s services and Subrecipient shall not employ any person having such known interests. J. VENDOR OFFSET AND ERRONEOUS PAYMENTS. §§24-30-202(1) and 24-30-202.4, C.R.S. [Not applicable to intergovernmental agreements] Subject to §24-30-202.4(3.5), C.R.S., the State Controller may withhold payment under the State’s vendor offset intercept system for debts owed to State agencies for: (i) unpaid child support debts or child support arrearages; (ii) unpaid balances of tax, accrued interest, or other charges specified in §§39-21-101, et seq., C.R.S.; (iii) unpaid loans due to the Student Loan Division of the Department of Higher Education; (iv) amounts required to be paid to the Unemployment Compensation Fund; and (v) other unpaid debts owing to the State as a result of final agency determination or judicial action. The State may also recover, at the State’s discretion, payments made to Subrecipient in error for any reason, including, but not limited to, overpayments or impro per payments, and unexpended or excess funds received by Subrecipient by deduction from subsequent payments under this Agreement, deduction from any payment due under any other contracts, grants or agreements between the State and Subrecipient, or by any other appropriate method for collecting debts owed to the State. K. PUBLIC CONTRACTS FOR SERVICES. §§8-17.5-101, et seq., C.R.S. [Not applicable to agreements relating to the offer, issuance, or sale of securities, investment advisory services or fund management services, sponsored projects, intergovernmental agreements, or information technology services or products and services] Subrecipient certifies, warrants, and agrees that it does not knowingly employ or contract with an illegal alien who will perform work under this Agreement and will confirm the employment eligibility of all employees who are newly hired for employment in the United States to perform work under this Agreement, through participation in the E-Verify Program or the State verification program established pursuant to §8-17.5-102(5)(c), C.R.S., Subrecipient shall not knowingly employ or contract with an illegal alien to perform work under this Agreement or enter into a contract with a Subcontractor that fails to certify to Subrecipient that the Subcontractor shall not knowingly employ or contract with an illegal alien to perform work under this Agreement. Subrecipient (i) shall not use E-Verify Program or the program procedures of the Colorado Department of Labor and Employment (“Department Program”) to undertake pre - employment screening of job applicants while this Agreement is being performed, (ii) shall notify the Subcontractor and the contracting State agency or institution of higher education within three days if Subrecipient has actual knowledge that a Subcontractor is employing or contracting with an illegal alien for work under this Agreement, (iii) shall terminate the subcontract if a Subcontractor does not stop employing or contracting with the illegal alien within three days of receiving the notice, and (iv) shall comply with reasonable requests made in the course of an investigation, undertaken pursuant to §8-17.5-102(5), C.R.S., by the Colorado Department of Labor and Employment. If Subrecipient participates in the Department program, Subrecipient shall deliver to the contracting State agency, Institution of Higher Education or political subdivision, a written, notarized affirmation, affirming that Subrecipient has examined the legal work status of such employee, and shall comply with all of the other requirements of the Department program. If Subrecipient fails to comply with any requirement of t his provision or §§8-17.5-101, et seq., C.R.S., the contracting State agency, institution of higher education or political subdivision may terminate this Agreement for breach and, if so terminated, Subrecipient shall be liable for damages. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 21 of 51 L. PUBLIC CONTRACTS WITH NATURAL PERSONS. §§24-76.5-101, et seq., C.R.S. Subrecipient, if a natural person eighteen (18) years of age or older, hereby swears and affirms under penalty of perjury that Subrecipient (i) is a citizen or otherwise lawfully present in the United States pursuant to federal law, (ii) shall comply with the provisions of §§24-76.5-101, et seq., C.R.S., and (iii) has produced one form of identification required by §24-76.5-103, C.R.S., prior to the Effective Date of this Agreement. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 22 of 51 EXHIBIT A, STATEMENT OF WORK AND BUDGET Project Description* 2026-5311: Operating Federal Awarding Agency Federal Transit Administration (FTA) Year of Funding and Federal Funding Source FFY 2025 FTA-5311 CFDA Title Formula Grants for Rural Areas Program CFDA # 20.509 FAIN** To Be Determined Federal Award Date** To Be Determined CDOT Awarding Official Chief Engineer Address 2829 W. Howard Place Denver, CO 80204 Phone # (303) 757-9170 Subaward/Project Period of Performance and Budget Period Start Date The Effective Date or January 1, 2026 (whichever is earlier, subject to specific allowance of pre-award costs) Subaward/Project Period of Performance and Budget Period End Date December 31, 2026 Subrecipient Avon, Town of UEID # R9Q7L4C1QKK5 Contact Name Jim Shoun Vendor # 2000101 Address 100 Mikaela Way PO Box 975 Avon, CO 81620 Phone # (970) 748-4113 Email jshoun@avon.org Indirect Rate N/A Total Project Budget $537,578.00 Budget WBS*** ALI Federal Funds Local Funds Total Operating 25-11-4045.AVON.600 30.09.01 50% $268,789.00 50% $268,789.00 $537,578.00 Total Project Amount Encumbered via this Subaward Agreement $537,578.00 *This is not a research and development grant. **The FAIN and/or Federal Award Date are not available at the time of execution of this Subaward Agreement. This information will be maintained in COTRAMS, CDOT’s transit awards management system, and will be provided there to Town of Avon once obtained. ***The WBS numbers may be replaced without changing the amount of the grant at CDOT’s discretion. A. Project Description Town of Avon shall use FTA-5311 funds, along with local matching funds, to maintain the existence of public transportation services through the following goals: 1. Enhance access to health care, education, employment, public services, recreation, social transactions, and other basic needs; 2. Assist in the maintenance, development, improvement and use of public transportation in their Transportation Planning Region (TPR); 3. Encourage and facilitate the most efficient use of all transportation funds used to provide passenger transportation in their TPR through the coordination of programs and services; and 4. Encourage mobility management, employment-related transportation alternatives, joint development practices, and transit-oriented development. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 23 of 51 This funding is provided to support the services described above for calendar year 2026 (January 1 – December 31). B. Performance Standards 1. Project Milestones Milestone Description Original Estimated Completion Date Submit Initial and Ongoing Reimbursement Request(s) in COTRAMS Monthly Submit 5311 Program Measure Report(s) in COTRAMS Quarterly Submit DBE Report(s) in COTRAMS Biannually Submit Final Reimbursement Request in COTRAMS 12/31/2026 IMPORTANT NOTE: All milestones in this Statement of Work (except for the final reimbursement request) must be completed no later than the End Date of this Subaward Agreement: December 31, 2026. 2. Performance will be monitored throughout the duration of this Subaward Agreement. Town of Avon shall report to the CDOT Project Manager whenever one or more of the following occurs: a. Budget or schedule changes; b. Scheduled milestone or completion dates are not met; c. Identification of problem areas and how the problems will be resolved; and/or d. Expected impacts and the efforts to recover from delays. 3. Performance will be measured based on: a. Completion of applicable 5311 Program Measure Reports in COTRAMS, and b. Completion of the annual National Transit Database (NTD) Report. 4. Town of Avon shall track and report on performance using the Program Measure Report in COTRAMS: a. Performance measures established for the FTA Section 5311 Program (Funds Expended, Fare Revenues, Sources of Expended Funds, Service Data, and Volunteer Resources) . 5. 5311 Program Measure Reports shall be submitted in COTRAMS by Town of Avon on or before the following due dates (as applicable to the Effective Date and date of closeout of this Subaward Agreement): a. Quarter 1 due April 28th; b. Quarter 2 due July 28th; c. Quarter 3 due October 28th; and d. Annual Report, including Quarter 4, due January 28th. 6. Town of Avon shall assist CDOT with Disadvantaged Business Enterprise (DBE) reporting to FTA by using the biannual FTA DBE Report in COTRAMS to report: a. Contracts awarded, payments made, and contracts completed between Town of Avon and prime contractors; and b. Contracts awarded, payments made, and contracts completed between Town of Avon’s prime contractors and their subcontractors. 7. DBE Program Measure Reports shall be submitted in COTRAMS by Town of Avon on or before the following due dates (as applicable to the Effective Date and date of closeout of this Subaward Agreement): a. Quarter 4 – Quarter 1 (for October 1 – March 31) due April 28th; and b. Quarter 2 – Quarter 3 (for April 1 – September 30) due October 28th. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 24 of 51 C. Project Budget 1. The Total Project Budget is $537,578.00. CDOT will pay no more than 50% of the eligible, actual operating costs, up to the maximum amount of $268,789.00. CDOT will retain any remaining balance of the federal share of FTA-5311 Funds. Town of Avon shall be solely responsible for all costs incurred in the project in excess of the amount paid by CDOT from Federal Funds for the federal share of eligible, actual costs. For CDOT accounting purposes, the Federal Funds of $268,789.00 (50%) for operating costs and matching Local Funds of $268,789.00 (50%) for operating costs, will be encumbered for this Subaward Agreement. 2. No refund or reduction of the amount of Town of Avon’s share to be provided will be allowed unless there is at the same time a refund or reduction of the federal share of a proportionate amount. 3. Town of Avon may use eligible federal funds for the Local Funds share, but those funds cannot be from other Federal Department of Transportation (DOT) programs. Town of Avon’s share, together with the Federal Funds share, shall be enough to ensure payment of Total Project Budget. 4. Per the terms of this Subaward Agreement, CDOT will have no obligation to provide state funds for use on this project. CDOT will administer Federal Funds for this Project under the terms of this Subaward Agreement, provided that the federal share of FTA funds to be administered by CDOT are made available and remain available. Town of Avon shall initiate and prosecute to completion all actions necessary to enable Town of Avon to provide its share of the Total Project Budget at or prior to the time that such funds are needed to meet the Total Project Budget. D. Allowable Costs 1. Town of Avon shall agree to adhere to the provisions for allowable and unallowable costs cited in the following regulations: 2 CFR 200.420 through 200.476; Chapter VI of FTA Circular 5010.1; Master Agreement, Section 6 “Non-Federal Share;” and 2 CFR 200.102. Other applicable requirements for cost allowability not cited previously shall also be considered. 2. Town of Avon’s operating expenses are those costs directly related to system operations. At a minimum, Town of Avon should consider the following items as operating expenses: fuel, oil, drivers and dispatcher salaries and fringe benefits, and licenses. 3. If Town of Avon elects to take administrative assistance, eligible costs may include but are not limited to: general administrative expenses (e.g., salaries of the project director, secretary, and bookkeeper); marketing expenses; insurance premiums or payments to a self-insurance reserve; office supplies; facilities and equipment rental; standard overhead rates; and the costs of administering drug and alcohol testing. Additionally, administrative costs for promoting and coordinating ridesharing are eligible as project administration if the activity is part of a coordinated public transportation program. E. Reimbursement Eligibility 1. Town of Avon shall submit invoice(s) on a monthly basis via COTRAMS. Reimbursement will apply only to eligible expenses that are incurred within the period of performance of this Subaward Agreement. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 25 of 51 2. Reimbursement requests shall be within the limits of Section D., Allowable Costs, of this Subaward Agreement. Town of Avon will be reimbursed based on the ratio of Federal Funds share and Local Funds share set forth in the Project Budget above. 3. Town of Avon shall submit the final request for reimbursement within forty-five (45) calendar days of December 31, 2026, and submit a Grant Closeout and Liquidation (GCL) Form in COTRAMS within fifteen (15) calendar days of receipt of the final reimbursement payment from CDOT. F. Training In an effort to enhance transit safety, Town of Avon and any subrecipients and contractors shall make a good faith effort to ensure that appropriate training of agency and contracted personnel is occurring and that personnel are up to date in appropriate certifications. In particular, Town of Avon shall ensure that driving personnel are provided professional training in defensive driving and training on the handling of mobility devices and transporting older adults and individuals with disabilities. G. Restrictions on Lobbying Town of Avon is certifying that it complies with 2 CFR 200.450 by entering into this Subaward Agreement. H. Special Conditions 1. Town of Avon shall comply with all requirements imposed by CDOT on Town of Avon so that the federal award is used in accordance with federal statutes, regulations, and the terms and conditions of the federal award. 2. Town of Avon shall permit CDOT and their auditors to have access to Town of Avon’s records and financial statements as necessary, with reasonable advance notice. 3. Town of Avon shall comply with the record retention requirements outlined in 2 CFR 200.334 and FTA Circular 5010.1. 4. Town of Avon shall not request reimbursement for costs on this project from more than one Federal Awarding Agency or other federal awards (i.e., no duplicate billing). 5. Town of Avon shall obtain prior CDOT approval, in writing, if FTA funds are intended to be used for payment of a lease or for third-party contracts. 6. Town of Avon shall advertise its service as available to the general public and shall not explicitly limit service by trip purpose or client type. 7. Town of Avon shall comply with FTA Drug and Alcohol Regulations, to include on time submission to FTA’s Drug and Alcohol Management Information System (DAMIS). 8. Town of Avon shall ensure subrecipients and/or contractors (if any) comply with FTA Drug and Alcohol Regulations. 9. Town of Avon shall comply with and accept all applicable terms and conditions contained in the U.S. Department of Transportation FTA Master Agreement dated November 26, 2025 (Master Agreement), or any amendments thereto. 10. Town of Avon shall ensure that it does not exclude from participation in, deny the benefits of, or subject to discrimination any person in the United States on the ground of race, color, national origin, sex, age or disability in accordance with Title VI of the Civil Rights Act of 1964. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 26 of 51 11. Town of Avon shall seek to ensure non-discrimination in its programs and activities by developing and maintaining a Title VI Program in accordance with the “Requirements for FTA Subrecipients” in CDOT’s Title VI Program Plan and FTA Circular 4702.1, “Title VI Requirements and Guidelines for FTA Recipients.” Town of Avon shall also facilitate FTA’s compliance with Executive Order 14173, “Ending Illegal Discrimination and Restoring Merit-Based Opportunity.” 12. Town of Avon shall provide transportation services to persons with disabilities in accordance with the Americans with Disabilities Act of 1990, as amended, 42 U.S.C. § 12101 et seq. 13. Town of Avon shall ensure that it does or will comply with the Americans with Disabilities Act, Section 504 of the Rehabilitation Act, FTA guidance, and any other federal, state, and/or local laws, rules and/or regulations. In any contract utilizing federal funds, land, or other federal aid, Town of Avon shall require its subrecipients and/or contractors to provide a statement of written assurance that they will comply with Section 504 and not discriminate on the basis of disability. 14. Town of Avon shall develop and maintain an Americans with Disabilities Act (ADA) Program in accordance with 28 CFR Part 35, Nondiscrimination on the Basis of Disability in State and Local Government Services, FTA Circular 4710.1, and any additional requirements established by CDOT for FTA subrecipients. 15. Town of Avon shall agree to maintain documentation that supports compliance with the ADA and produce said documentation to CDOT upon request. 16. Town of Avon shall adopt a Transit Asset Management Plan that complies with regulations implementing 49 U.S.C. § 5326(d). Town of Avon shall maintain and report annually to the National Transit Database (NTD) all required financial, service, and performance data. 17. Town of Avon shall include nondiscrimination language and the Disadvantaged Business Enterprise (DBE) assurance in all contracts and solicitations in accordance with DBE regulations, 49 CFR Part 26, and CDOT’s DBE program. 18. Town of Avon agrees that any incidental use (e.g. meal or package delivery) of any capital assets shall not reduce the quality or availability of its regular public transportation service. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 27 of 51 EXHIBIT B, SAMPLE OPTION LETTER State Agency Department of Transportation Option Letter Number Insert the Option Number (e.g. "1" for the first option) Subrecipient Insert Subrecipient's Full Legal Name, including "Inc.", "LLC", etc... Original Agreement Number Insert CMS number or Other Contract Number of the Original Contract Subaward Agreement Amount Federal Funds Option Agreement Number Insert CMS number or Other Contract Number of this Option Maximum Amount (%) $0.00 Local Funds Agreement Performance Beginning Date The later of the Effective Date or Month, Day, Year Local Match Amount (%) $0.00 Agreement Total $0.00 Current Agreement Expiration Date Month, Day, Year 1. OPTIONS: A. Option to extend for an Extension Term or End of Term Extension. 2. REQUIRED PROVISIONS: A. For use with Option 1(A): In accordance with Section(s) 2.B/2.C of the Original Agreement referenced above, the State hereby exercises its option for an additional term/end of term extension, beginning Insert start date and ending on the current agreement expiration date shown above, at the rates stated in the Original Agreement, as amended. 3. OPTION EFFECTIVE DATE: A. The effective date of this Option Letter is upon approval of the State Controller or ____, whichever is later. STATE OF COLORADO Jared S. Polis, Governor Department of Transportation Shoshana M. Lew, Executive Director By:_______________________ Name:________________________ Title:__________________________ Date: _________________________ In accordance with §24-30-202, C.R.S., this Option Letter is not valid until signed and dated below by the State Controller or an authorized delegate. STATE CONTROLLER Robert Jaros, CPA, MBA, JD By:_____________________________________ __ Department of Transportation Option Letter Effective Date: __________________ Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 28 of 51 EXHIBIT C, FEDERAL PROVISIONS 1. APPLICABILITY OF PROVISIONS 1.1. The Grant to which these Federal Provisions are attached has been funded, in whole or in part, with an Award of Federal funds. In the event of a conflict between the provisions of these Federal Provisions, the Special Provisions, the body of the Grant, or any attachments or exhibits incorporated into and made a part of the Grant, the provisions of these Federal Provisions shall control. 1.2. The State of Colorado is accountable to Treasury for oversight of their subrecipients, including ensuring their subrecipients comply with federal statutes, Award Terms and Conditions, Treasury’s Final Rule, and reporting requirements, as applicable. 1.3. Additionally, any subrecipient that issues a subaward to another entity (2 nd tier subrecipient), must hold the 2nd tier subrecipient accountable to these provisions and adhere to reporting requirements. 1.4. These Federal Provisions are subject to the Award as defined in §2 of these Federal Provisions, as may be revised pursuant to ongoing guidance from the relevant Federal or State of Colorado agency or institutions of higher education. 2. DEFINITIONS. 2.1. For the purposes of these Federal Provisions, the following terms shall have the meanings ascribed to them below. 2.1.1. “Award” means an award of Federal financial assistance, and the Grant setting forth the terms and conditions of that financial assistance, that a non-Federal Entity receives or administers. 2.1.2. “Entity” means: 2.1.2.1. a Non-Federal Entity; 2.1.2.2. a foreign public entity; 2.1.2.3. a foreign organization; 2.1.2.4. a non-profit organization; 2.1.2.5. a domestic for-profit organization (for 2 CFR parts 25 and 170 only); 2.1.2.6. a foreign non-profit organization (only for 2 CFR part 170) only); 2.1.2.7. a Federal agency, but only as a Subrecipient under an Award or Subaward to a non-Federal entity (or 2 CFR 200.1); or 2.1.2.8. a foreign for-profit organization (for 2 CFR part 170 only). 2.1.3. “Executive” means an officer, managing partner or any other employee in a management position. 2.1.4. “Expenditure Category (EC)” means the category of eligible uses as defined by the US Department of Treasury in “Appendix 1 of the Compliance and Reporting Guidance, State and Local Fiscal Recovery Funds” report available at www.treasury.gov. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 29 of 51 2.1.5. “Federal Awarding Agency” means a Federal agency providing a Federal Award to a Recipient as described in 2 CFR 200.1 2.1.6. “Grant” means the Grant to which these Federal Provisions are attached. 2.1.7. “Grantee” means the party or parties identified as such in the Grant to which these Federal Provisions are attached. 2.1.8. “Non-Federal Entity means a State, local government, Indian tribe, institution of higher education, or nonprofit organization that carries out a Federal Award as a Recipient or a Subrecipient. 2.1.9. “Nonprofit Organization” means any corporation, trust, association, cooperative, or other organization, not including IHEs, that: 2.1.9.1. Is operated primarily for scientific, educational, service, charitable, or similar purposes in the public interest; 2.1.9.2. Is not organized primarily for profit; and 2.1.9.3. Uses net proceeds to maintain, improve, or expand the operations of the organization. 2.1.10. “OMB” means the Executive Office of the President, Office of Management and Budget. 2.1.11. “Pass-through Entity” means a non-Federal Entity that provides a Subaward to a Subrecipient to carry out part of a Federal program. 2.1.12. “Prime Recipient” means the Colorado State agency or institution of higher education identified as the Grantor in the Grant to which these Federal Provisions are attached . 2.1.13. “Subaward” means an award by a Prime Recipient to a Subrecipient funded in whole or in part by a Federal Award. The terms and conditions of the Federal Award flow down to the Subaward unless the terms and conditions of the Federal Award specifically indicate otherwise in accordance with 2 CFR 200.101. The term does not include payments to a Contractor or payments to an individual that is a beneficiary of a Federal program. 2.1.14. “Subrecipient” or “Subgrantee” means a non-Federal Entity (or a Federal agency under an Award or Subaward to a non-Federal Entity) receiving Federal funds through a Prime Recipient to support the performance of the Federal project or program for which the Federal funds were awarded. A Subrecipient is subject to the terms and conditions of the Federal Award to the Prime Recipient, including program compliance requirements. The term does not include an individual who is a beneficiary of a federal program . For SLFRF Grants, a subrecipient relationship continues to exist for Expenditure Category 6.1 Revenue Replacement. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 30 of 51 2.1.15. “System for Award Management (SAM)” means the Federal repository into which an Entity must enter the information required under the Transparency Act, which may be found at http://www.sam.gov. “Total Compensation” means the cash and noncash dollar value earned by an Executive during the Prime Recipient’s or Subrecipient’s preceding fiscal year (see 48 CFR 52.204-10, as prescribed in 48 CFR 4.1403(a)) and includes the following: 2.1.15.1. Salary and bonus; 2.1.15.2. Awards of stock, stock options, and stock appreciation rights, using the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2005) (FAS 123R), Shared Based Payments; 2.1.15.3. Earnings for services under non-equity incentive plans, not including group life, health, hospitalization or medical reimbursement plans that do not discriminate in favor of Executives and are available generally to all salaried employees; 2.1.15.4. Change in present value of defined benefit and actuarial pension plans; 2.1.15.5. Above-market earnings on deferred compensation which is not tax- qualified; 2.1.15.6. Other compensation, if the aggregate value of all such other compensation (e.g., severance, termination payments, value of life insurance paid on behalf of the employee, perquisites or property) for the Executive exceeds $10,000. 2.1.16. “Transparency Act” means the Federal Funding Accountability and Transparency Act of 2006 (Public Law 109 -282), as amended by §6202 of Public Law 110-252. 2.1.17. “Uniform Guidance” means the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards . The terms and conditions of the Uniform Guidance flow down to Awards to Subrecipients unless the Uniform Guidance or the terms and conditions of the Federal Award specifically indicate otherwise. 2.1.18. “Unique Entity ID Number” means the Unique Entity ID established by the federal government for a Grantee at https://sam.gov/content/home 3. COMPLIANCE. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 31 of 51 3.1. Grantee shall comply with all applicable provisions of the Transparency Act and the regulations issued pursuant thereto, all provisions of the Uniform Guidance, and all applicable Federal Laws and regulations required by this Federal Award. Any revisions to such provisions or regulations shall automatically become a part of these Federal Provisions, without the necessity of either party executing any further instrument. The State of Colorado, at its discretion, may provide written notification to Grantee of such revisions, but such notice shall not be a condition precedent to the effectiveness of such revisions. 3.2. Per US Treasury Final Award requirements, grantee programs or services must not include terms or conditions that undermine efforts to stop COVID -19 or discourage compliance with recommendations and CDC guidelines. 4. SYSTEM FOR AWARD MANAGEMENT (SAM) AND UNIQUE ENTITY ID SYSTEM (UEI) REQUIREMENTS. 4.1. SAM. Grantee shall maintain the currency of its information in SAM until the Grantee submits the final financial report required under the Award or receives final payment, whichever is later. Grantee shall review and update SAM information at least annually. 4.2. UEI. Grantee shall provide its Unique Entity ID to its Prime Recipient, and shall update Grantee’s information in SAM.gov at least annually. 5. TOTAL COMPENSATION. 5.1. Grantee shall include Total Compensation in SAM for each of its five most highly compensated Executives for the preceding fiscal year if: 5.1.1. The total Federal funding authorized to date under the Award is $30,000 or more; and 5.1.2. In the preceding fiscal year, Grantee received: 5.1.2.1. 80% or more of its annual gross revenues from Federal procurement Agreements and Subcontractors and/or Federal financial assistance Awards or Subawards subject to the Transparency Act; and 5.1.2.2. $30,000,000 or more in annual gross revenues from Federal procurement Agreements and Subcontractors and/or Federal financial assistance Awards or Subawards subject to the Transparency Act; and 5.1.2.3. 5.1.2.3 The public does not have access to information about the compensation of such Executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a), 78o(d) or § 6104 of the Internal Revenue Code of 1986. 6. REPORTING. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 32 of 51 6.1. If Grantee is a Subrecipient of the Award pursuant to the Transparency Act, Grantee shall report data elements to SAM and to the Prime Recipient as required in this Exhibit. No direct payment shall be made to Grantee for providing any reports required under these Federal Provisions and the cost of producing such reports shall be included in the Grant price. The reporting requirements in this Exhibit are based on guidance from the OMB, and as such are subject to change at any time by OMB. Any such changes shall be automatically incorporated into this Grant and shall become part of Grantee’s obligations under this Grant. 7. EFFECTIVE DATE AND DOLLAR THRESHOLD FOR FEDERAL REPORTING. 7.1. Reporting requirements in §8 below apply to new Awards as of October 1, 2010, if the initial award is $30,000 or more. If the initial Award is below $30,000 but subsequent Award modifications result in a total Award of $30,000 or more, the Award is subject to the reporting requirements as of the date the Award exceeds $30,000. If the initial Award is $30,000 or more, but funding is subsequently de-obligated such that the total award amount falls below $30,000, the Award shall continue to be subject to the reporting requirements. If the total award is below $30,000 no reporting required; if more than $30,000 and less than $50,000 then FFATA reporting is required; and, $50,000 and above SLFRF reporting is required. 7.2. The procurement standards in §9 below are applicable to new Awards made by Prime Recipient as of December 26, 2015. The standards set forth in §11 below are applicable to audits of fiscal years beginning on or after December 26, 2014. 8. SUBRECIPIENT REPORTING REQUIREMENTS. [INTENTIONALLY DELETED] 9. PROCUREMENT STANDARDS. 9.1. Procurement Procedures. A Subrecipient shall use its own documented procurement procedures which reflect applicable State, local, and Tribal laws and applicable regulations, provided that the procurements conform to applicable Federal law and the standards identified in the Uniform Guidance, including without limitation, 2 CFR 200.318 through 200.327 thereof. 9.2. Domestic preference for procurements (2 CFR 200.322). As appropriate and to the extent consistent with law, the non -Federal entity should, to the greatest extent practicable under a Federal award, provide a preference for the purchase, acquisition, or use of goods, products, or materials produced in the United States (including but not limited to iron, aluminum, steel, cement, and other manufactured products). The requirements of this section must be included in all subawards including all Agreements and p urchase orders for work or products under this award. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 33 of 51 9.3. Procurement of Recovered Materials. If a Subrecipient is a State Agency or an agency of a political subdivision of the State, its Contractors must comply with section 6002 of the Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act. The requirements of Section 6002 include procuring only items designated in guidelines of the Environmental Protection Agency (EPA) at 40 CFR part 247, that contain the highest percentage of recovered materials practicable, consistent with maintaining a satisfactory level of competition, where the purchase price of the item exceeds $10,000 or the value of the quantity acquired during the preceding fiscal year exceeded $10,000; procuring solid waste management services in a manner that maximizes energy and resource recovery; and establishing an affirmative procurement program for procurement of recovered materials identified in the EPA guidelines. 10. ACCESS TO RECORDS. 10.1. A Subrecipient shall permit Prime Recipient and its auditors to have access to Subrecipient’s records and financial statements as necessary for Recipient to meet the requirements of 2 CFR 200.332 (Requirements for pass-through entities), 2 CFR 200.300 (Statutory and national policy requirements) through 2 CFR 200.309 (Period of performance), and Subpart F-Audit Requirements of the Uniform Guidance. 11. SINGLE AUDIT REQUIREMENTS. 11.1. If a Subrecipient expends $750,000 or more in Federal Awards during the Subrecipient’s fiscal year, the Subrecipient shall procure or arrange for a single or program-specific audit conducted for that year in accordance with the provisions of Subpart F -Audit Requirements of the Uniform Guidance, issued pursuant to the Single Audit Act Amendments of 1996, (31 U.S.C. 7501- 7507). 2 CFR 200.501. 11.1.1. Election. A Subrecipient shall have a single audit conducted in accordance with Uniform Guidance 2 CFR 200.514 (Scope of audit), except when it elects to have a program -specific audit conducted in accordance with 2 CFR 200.507 (Program-specific audits). The Subrecipient may elect to have a program-specific audit if Subrecipient expends Federal Awards under only one Federal program (excluding research and development) and the Federal program’s statutes, regulations, or the terms and conditions of the Federal award do not require a financial statement audit of Prime Recipient. A program -specific audit may not be elected for research and development unless all of the Federal Awards expended were received from Recipient and Recipient approves in advance a program - specific audit. 11.1.2. Exemption. If a Subrecipient expends less than $750,000 in Federal Awards during its fiscal year, the Subrecipient shall be exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503 (Relation to other audit requirements), but records shall be available for review or audit by appropriate officials of the Federal agency, the State, and the Government Accountability Office. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 34 of 51 11.1.3. Subrecipient Compliance Responsibility. A Subrecipient shall procure or otherwise arrange for the audit required by Subpart F of the Uniform Guidance and ensure it is properly performed and submitted when due in accordance with the Uniform Guidance. Subrecipient shall prepare appropriate financial statements, including the schedule of expenditures of Federal awards in accordance with 2 CFR 200.510 (Financial statements) and provide the auditor with access to personnel, accounts, books, records, supporting documentation, and other information as needed for the auditor to perform the audit required by Uniform Guidance Subpart F-Audit Requirements. 12. GRANT PROVISIONS FOR SUBRECIPIENT AGREEMENTS. 12.1. In addition to other provisions required by the Federal Awarding Agency or the Prime Recipient, Grantees that are Subrecipients shall comply with the following provisions. Subrecipients shall include all of the following applicable provisions in all Subcontractors entered into by it pursuant to this Grant. 12.1.1. [Applicable to federally assisted construction Agreements.] Equal Employment Opportunity. Except as otherwise provided under 41 CFR Part 60, all Agreements that meet the definition of “federally assisted construction Agreement” in 41 CFR Part 60-1.3 shall include the equal opportunity clause provided under 41 CFR 60-1.4(b), in accordance with Executive Order 11246, “Equal Employment Opportunity” (30 FR 12319, 12935, 3 CFR Part, 1964 -1965 Comp., p. 339), as amended by Executive Order 11375, “Amending Executive Order 11246 Relating to Equal Employment Opportunity,” and implementing regulations at 41 CFR part 60, Office of Federal Agreement Compliance Programs, Equal Employment Opportunity, Department of Labor. 12.1.2. [Applicable to on-site employees working on government-funded construction, alteration and repair projects.] Davis-Bacon Act. Davis- Bacon Act, as amended (40 U.S.C. 3141-3148). 12.1.3. Rights to Inventions Made Under a grant or agreement. If the Federal Award meets the definition of “funding agreement” under 37 CFR 401.2 (a) and the Prime Recipient or Subrecipient wishes to enter into an Agreement with a small business firm or nonprofit organization regarding the substitution of parties, assignment or performance of experimental, developmental, or research work under that “funding agreement,” the Prime Recipient or Subrecipient must comply with the requirements of 37 CFR Part 401, “Rights to Inventions Made by Nonprofit Organizations and Small Business Firms Under Government Grants, Agreements and Cooperative Agreements,” and any implementing regulations issued by the Federal Awarding Agency. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 35 of 51 12.1.4. Clean Air Act (42 U.S.C. 7401-7671q.) and the Federal Water Pollution Control Act (33 U.S.C. 1251-1387), as amended. Agreements and subgrants of amounts in excess of $150,000 must contain a provision that requires the non-Federal awardees to agree to comply with all applicable standards, orders or regulations issued pursuant to the Clean Air Act (42 U.S.C. 7401-7671q) and the Federal Water Pollution Control Act as amended (33 U.S.C. 1251-1387). Violations must be reported to the Federal Awarding Agency and the Regional Office of the Environmental Protection Agency (EPA). 12.1.5. Debarment and Suspension (Executive Orders 12549 and 12689). A Agreement award (see 2 CFR 180.220) must not be made to parties listed on the government wide exclusions in SAM , in accordance with the OMB guidelines at 2 CFR 180 that implement Executive Orders 12549 (3 CFR part 1986 Comp., p. 189) and 12689 (3 CFR part 1989 Comp., p. 235), “Debarment and Suspension.” SAM Exclusions contains the names of parties debarred, suspended, or otherwise excluded by agencies, as well as parties declared ineligible under statutory or regulatory authority other than Executive Order 12549. 12.1.6. Byrd Anti-Lobbying Amendment (31 U.S.C. 1352). Contractors that apply or bid for an award exceeding $100,000 must file the required certification. Each tier certifies to the tier above that it will not and has not used Federal appropriated funds to pay any person or organization for influencing or attempting to influence an officer or employee of any agency, a member of Congress, officer or employee of Congress, or an employee of a member of Congress in connection with obtaining any Federal Agreement, grant or any other award covered by 31 U.S.C. 1352. Each tier must also disclose any lobbying with non -Federal funds that takes place in connection with obtaining any Federal award. Such disclosures are forwarded from tier to tier up to the non-Federal award. 12.1.7. Never Contract with the Enemy (2 CFR 200.215). Federal awarding agencies and recipients are subject to the regulations implementing “Never Contract with the Enemy” in 2 CFR part 183. The regulations in 2 CFR part 183 affect covered Agreements, grants and cooperative agreements that are expected to exceed $50,000 within the period of performance, are performed outside the United States and its territories, and are in support of a contingency operation in which members of the Armed Forces are actively engaged in hostilities. 12.1.8. Prohibition on certain telecommunications and video surveillance services or equipment (2 CFR 200.216). Grantee is prohibited from obligating or expending loan or grant funds on certain telecommunications and video surveillance services or equipment pursuant to 2 CFR 200.216. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 36 of 51 12.1.9. Title VI of the Civil Rights Act. The Subgrantee, Contractor, Subcontractor, transferee, and assignee shall comply with Title VI of the Civil Rights Act of 1964, which prohibits recipients of federal financial assistance from excluding from a program or activity, denying benefits of, or otherwise discriminating against a person on the basis of race, color, or national origin (42 U.S.C. § 2000d et seq.), as implemented by the Department of Treasury’s Title VI regulations, 31 CFR Part 22, which are herein incorporated by reference and made a part of this Agreement (or agreement). Title VI also includes protection to persons with “Limited English Proficiency” in any program or activity receiving federal financial assistance, 42 U.S. C. § 2000d et seq., as implemented by the Department of the Treasury’s Title VI regulations, 31 CRF Part 22, and herein incorporated by reference and made part of this Agreement or agreement. 13. CERTIFICATIONS. 13.1. Subrecipient Certification. Subrecipient shall sign a “State of Colorado Agreement with Recipient of Federal Recovery Funds” Certification Form in Exhibit E and submit to State Agency with signed grant agreement. 13.2. Unless prohibited by Federal statutes or regulations, Prime Recipient may require Subrecipient to submit certifications and representations required by Federal statutes or regulations on an annual basis. 2 CFR 200.208. Submission may be required more frequently if Subrecipient fails to meet a requirement of the Federal award. Subrecipient shall certify in writing to the State at the end of the Award that the project or activity was completed or the level of effort was expended. 2 CFR 200.201(3). If the required level of activity or effort was not carried out, the amount of the Award must be adjusted. 14. EXEMPTIONS. 14.1. These Federal Provisions do not apply to an individual who receives an Award as a natural person, unrelated to any business or non-profit organization he or she may own or operate in his or her name. 14.2. A Grantee with gross income from all sources of less than $300,000 in the previous tax year is exempt from the requirements to report Subawards and the Total Compensation of its most highly compensated Executives. 15. EVENT OF DEFAULT AND TERMINATION. 15.1. Failure to comply with these Federal Provisions shall constitute an event of default under the Grant and the State of Colorado may terminate the Grant upon 30 days prior written notice if the default remains uncured five calendar days following the termination of the 30 -day notice period. This remedy will be in addition to any other remedy available to the State of Colorado under the Grant, at law or in equity. 15.2. Termination (2 CFR 200.340). The Federal Award may be terminated in whole or in part as follows: Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 37 of 51 15.2.1. By the Federal Awarding Agency or Pass -through Entity, if a Non- Federal Entity fails to comply with the terms and conditions of a Federal Award; 15.2.2. By the Federal awarding agency or Pass-through Entity, to the greatest extent authorized by law, if an award no longer effectuates the program goals or agency priorities; 15.2.3. By the Federal awarding agency or Pass-through Entity with the consent of the Non-Federal Entity, in which case the two parties must agree upon the termination conditions, including the effective date and, in the case of partial termination, the portion to be terminated; 15.2.4. By the Non-Federal Entity upon sending to the Federal Awarding Agency or Pass-through Entity written notification setting forth the reasons for such termination, the effective date, and, in the case of partial termination, the portion to be terminated. However, if the Federal Awarding Agency or Pass-through Entity determines in the case of partial termination that the reduced or modified portion of the Federal Award or Subaward will not accomplish the purposes for which the Federal Award was made, the Federal Awarding Agency or Pass-through Entity may terminate the Federal Award in its entirety; or 15.2.5. By the Federal Awarding Agency or Pass-through Entity pursuant to termination provisions included in the Federal Award. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 38 of 51 EXHIBIT D, REQUIRED FEDERAL CONTRACT/AGREEMENT CLAUSES Section 3(l) – No Federal government obligations to third-parties by use of a disclaimer No Federal/State Government Commitment or Liability to Third Parties. Except as the Federal Government or CDOT expressly consents in writing, the Subrecipient agrees that: (1) The Federal Government or CDOT does not and shall not have any commitment or liability related to the Underlying Agreement, to any Third party Participant at any tier, or to any other person or entity that is not a party (FTA, CDOT or the Subrecipient) to the underlying Agreement, and (2) Notwithstanding that the Federal Government or CDOT may have concurred in or approved any Solicitation or Third party Agreement at any tier that may affect the underlying Agreement, the Federal Government and CDOT does not and shall not have any commitment or liability to any Third Party Participant or other entity or person that is not a party (FTA, CDOT, or the Subrecipient) to the underlying Agreement. Section 4(f) – Program fraud and false or fraudulent statements and related acts False or Fraudulent Statements or Claims. (1) Civil Fraud. The Subrecipient acknowledges and agrees that: (a) Federal laws, regulations, and requirements apply to itself and its Agreement, including the Program Fraud Civil Remedies Act of 1986, as amended, 31 U.S.C. § 3801 et seq., and U.S. DOT regulations, “Program Fraud Civil Remedies,” 49 CFR part 31. (b) By executing the Agreement, the Subrecipient certifies and affirms to the Federal Government the truthfulness and accuracy of any claim, statement, submission, certification, assurance, affirmation, or representation that the Subrecipient provides to the Federal Government and CDOT. (c) The Federal Government and CDOT may impose the penalties of the Program Fraud Civil Remedies Act of 1986, as amended, and other applicable penalties if the Subrecipient presents, submits, or makes available any false, fictitious, or fraudulent information. (2) Criminal Fraud. The Subrecipient acknowledges that 49 U.S.C. § 5323(l)(1) authorizes the Federal Government to impose the penalties under 18 U.S.C. § 1001 if the Subrecipient provides a false, fictitious, or fraudulent claim, statement, submission, certification, assurance, or representation in connection with a federal public transportation program under 49 U.S.C. chapter 53 or any other applicable federal law. Section 9. Record Retention and Access to Sites of Performance. (a) Types of Records. The Subrecipient agrees that it will retain, and will require its Third party Participants to retain, complete and readily accessible records related in whole or in part to the underlying Agreement, including, but not limited to, data, documents, reports, statistics, subagreements, leases, third party contracts, arrangements, other third party agreements of any type, and supporting materials related to those records. (b). Retention Period. The Subrecipient agrees to comply with the record retention requirements in the applicable U.S. OT Common Rule. Records pertaining to its Award, the accompanying underlyingAgreement, and any Amendments thereto must be retained from the day the underlying Agreement was signed by the authorized FTA (or State) official through the course of the Award, the accompanying Agreement, and any Amendments thereto until three years after the Subrecipient has submitted its last or final expenditure report, and other pending matters are closed. (c) Access to Recipient and Third party Participant Records. The Subrecipient agrees and assures that each Subrecipient, if any, will agree to: (1) Provide, and require its Third Party Participants at each tier to provide, sufficient access to inspect and audit records and information related to its Award, the accompanying Agreement, and any Amendments thereto to the U.S. Secretary of Transportation or the Secretary’s duly authorized representatives, to the Comptroller General of the United States, and the Comptroller General’s duly authorized representatives, and to the Subrecipient and each of its Subrecipients, (2) Permit those individuals listed above to inspect all work and materials related to its Award, and to audit any information related to its Award under the control of the Subrecipient or Third party Participant within books, records, accounts, or other locations, and (3) Otherwise comply with 49 U.S.C. § 5325(g), and federal access to records requirements as set forth in the applicable U.S. DOT Common Rules. (d) Access to the Sites of Performance. The Subrecipient agrees to permit, and to require its Third party Participants to permit, FTA and CDOT to have access to the sites of performance of its Award, the Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 39 of 51 accompanying Agreement, and any Amendments thereto, and to make site visits as needed in compliance with State and the U.S. DOT Common Rules. (e) Closeout. Closeout of the Award does not alter the record retention or access requirements of this section of the Master Agreement. 3(G) – Federal Changes Application of Federal, State, and Local Laws, Regulations, Requirements, and Guidance. The Subrecipient agrees to comply with all applicable federal requirements and federal guidance. All standards or limits are minimum requirements when those standards or limits are included in the Recipient’s Agreement or this Master Agreement. At the time the FTA Authorized Official (or CDOT) awards federal assistance to the Subrecipient in support of the Agreement, the federal requirements and guidance that apply then may be modified from time to time and will apply to the Subrecipient or the accompanying Agreement, except as FTA determines otherwise in writing. 12 – Civil Rights (c) Nondiscrimination – Title VI of the Civil Rights Act. The Subrecipient agrees to, and assures that each Third party Participant, will: (1) Prohibit discrimination on the basis of race, color, or national origin, (2) Comply with: (i) Title VI of the Civil Rights Act of 1964, as amended, 42 U.S.C. § 2000d et seq.; (ii) U.S. DOT regulations, “Nondiscrimination in Federally-Assisted Programs of the Department of Transportation – Effectuation of Title VI of the Civil Rights Act of 1964,” 49 CFR part 21; and (iii) Federal transit law, specifically 49 U.S.C. § 5332; and (3) Follow: (i) The most recent edition of FTA Circular 4702.1, “Title VI Requirements and Guidelines for Federal Transit Administration Recipients,” to the extent consistent with applicable federal laws, regulations, requirements, and guidance; (ii) U.S. DOJ, “Guidelines for the enforcement of Title VI, Civil Rights Act of 1964,” 28 CFR § 50.3; and (iii) All other applicable federal guidance that may be issued. (d) Equal Employment Opportunity. (1) Federal Requirements and Guidance. The Subrecipient agrees to, and assures that each Third Party Participant will prohibit discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, or national origin, and: (i) Comply with Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. § 2000e et seq.; (ii) Comply with Title I of the Americans with Disabilities Act of 1990, as amended, 42 U.S.C. §§ 12101, et seq.; (iii) Facilitate compliance with Executive Order No. 11246, “Equal Employment Opportunity” September 24, 1965 (42 U.S.C. § 2000e note), as amended by any later Executive Order that amends or supersedes it in part and is applicable to federal assistance programs; (iv) Comply with federal transit law, specifically 49 U.S.C. § 5332, as provided in section 12 of the Master Agreement; (v) FTA Circular 4704.1 “Equal Employment Opportunity (EEO) Requirements and Guidelines for Federal Transit Administration Recipients;” and (vi) Follow other federal guidance pertaining to EEO laws, regulations, and requirements. (2). Specifics. The Subrecipient agrees to, and assures that each Third Party Participant will: (i) Affirmative Action. Take affirmative action that includes, but is not limited to: (A) Recruitment advertising, recruitment, and employment; (B) Rates of pay and other forms of compensation; (C) Selection for training, including apprenticeship, and upgrading; and (D) Transfers, demotions, layoffs, and terminations; but (ii) Indian Tribe. Recognize that Title VII of the Civil Rights Act of 1964, as amended, exempts Indian Tribes under the definition of “Employer,” and (3) Equal Employment Opportunity Requirements for Construction Activities. Comply, when undertaking “construction” as recognized by the U.S. Department of Labor (U.S. DOL), with: (i) U.S. DOL regulations, “Office of Federal Contract Compliance Programs, Equal Employment Opportunity, Department of Labor,” 41 CFR chapter 60; and Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 40 of 51 (ii) Executive Order No. 11246, “Equal Employment Opportunity in Federal Employment,” September 24, 1965, 42 U.S.C. § 2000e note, as amended by any later Executive Order that amends or supersedes it, referenced in 42 U.S.C. § 2000e note. (h) Nondiscrimination on the Basis of Disability. The Subrecipient agrees to comply with the following federal prohibitions against discrimination on the basis of disability: (1) Federal laws, including: (i) Section 504 of the Rehabilitation Act of 1973, as amended, 29 U.S.C. § 794, which prohibits discrimination on the basis of disability in the administration of federally assisted Programs, Projects, or activities; (ii) The Americans with Disabilities Act of 1990 (ADA), as amended, 42 U.S.C. § 12101 et seq., which requires that accessible facilities and services be made available to individuals with disabilities: (A) For FTA Recipients generally, Titles I, II, and III of the ADA apply; but (B) For Indian Tribes, Titles II and III of the ADA apply, but Title I of the ADA does not apply because it exempts Indian Tribes from the definition of “employer;” (iii) The Architectural Barriers Act of 1968, as amended, 42 U.S.C. § 4151 et seq., which requires that buildings and public accommodations be accessible to individuals with disabilities; (iv) Federal transit law, specifically 49 U.S.C. § 5332, which now includes disability as a prohibited basis for discrimination; and (v) Other applicable federal laws, regulations, and requirements pertaining to access for seniors or individuals with disabilities. (2) Federal regulations and guidance, including: (i) U.S. DOT regulations, “Transportation Services for Individuals with Disabilities (ADA),” 49 CFR part 37; (ii) U.S. DOT regulations, “Nondiscrimination on the Basis of Disability in Programs and Activities Receiving or Benefiting from Federal Financial Assistance,” 49 CFR part 27; (iii) Joint U.S. Architectural and Transportation Barriers Compliance Board (U.S. ATBCB) and U.S. DOT regulations, “Americans With Disabilities (ADA) Accessibility Specifications for Transportation Vehicles,” 36 CFR part 1192 and 49 CFR part 38; (iv) U.S. DOT regulations, “Transportation for Individuals with Disabilities: Passenger Vessels,” 49 CFR part 39; (v) U.S. DOJ regulations, “Nondiscrimination on the Basis of Disability in State and Local Government Services,” 28 CFR part 35; (vi) U.S. DOJ regulations, “Nondiscrimination on the Basis of Disability by Public Accommodations and in Commercial Facilities,” 28 CFR part 36; (vii) U.S. EEOC, “Regulations to Implement the Equal Employment Provisions of the Americans with Disabilities Act,” 29 CFR part 1630; (viii) U.S. Federal Communications Commission regulations, “Telecommunications Relay Services and Related Customer Premises Equipment for Persons with Disabilities,” 47 CFR part 64, Subpart F; (ix) U.S. ATBCB regulations, “Electronic and Information Technology Accessibility Standards,” 36 CFR part 1194; (x) FTA regulations, “Transportation for Elderly and Handicapped Persons,” 49 CFR part 609; (x) FTA Circular 4710.1, “Americans with Disabilities Act: Guidance;” and (xi) Other applicable federal civil rights and nondiscrimination regulations and guidance. Incorporation of FTA Terms – 16.a. (a) Federal Laws, Regulations, Requirements, and Guidance. The Subrecipient agrees: (1) To comply with the requirements of 49 U.S.C. chapter 53 and other applicable federal laws, regulations, and requirements in effect now or later that affect its third party procurements; (2) To comply with the applicable U.S. DOT Common Rules; and (3) To follow the most recent edition and any revisions of FTA Circular 4220.1, “Third Party Contracting Guidance,” to the extent consistent with applicable federal laws, regulations, requirements, and guidance. Energy Conservation – 26.j Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 41 of 51 (a) Energy Conservation. The Subrecipient agrees to, and assures that its Subrecipients, will comply with the mandatory energy standards and policies of its state energy conservation plans under the Energy Policy and Conservation Act, as amended, 42 U.S.C. § 6321 et seq., and perform an energy assessment for any building constructed, reconstructed, or modified with federal assistance required under FTA regulations, “Requirements for Energy Assessments,” 49 CFR part 622, subpart C. Applicable to Awards exceeding $10,000 Section 11. Right of the Federal Government to Terminate. (a) Justification. After providing written notice to the Subrecipient, the Subrecipient agrees that the Federal Government may suspend, suspend then terminate, or terminate all or any part of the federal assistance for the Award if: (1) The Subrecipient has failed to make reasonable progress implementing the Award; (2) The Federal Government determines that continuing to provide federal assistance to support the Award does not adequately serve the purposes of the law authorizing the Award; or (3) The Subrecipient has violated the terms of the Agreement, especially if that violation would endanger substantial performance of the Agreement. (b) Financial Implications. In general, termination of federal assistance for the Award will not invalidate obligations properly incurred before the termination date to the extent that the obligations cannot be canceled. The Federal Government may recover the federal assistance it has provided for the Award, including the federal assistance for obligations properly incurred before the termination date, if it determines that the Subrecipient has misused its federal assistance by failing to make adequate progress, failing to make appropriate use of the Project property, or failing to comply with the Agreement, and require the Subrecipient to refund the entire amount or a lesser amount, as the Federal Government may determine including obligations properly incurred before the termination date. (c) Expiration of the Period of Performance. Except for a Full Funding Grant Agreement, expiration of any period of performance established for the Award does not, by itself, constitute an expiration or termination of the Award; FTA may extend the period of performance to assure that each Formula Project or related activities and each Project or related activities funded with “no year” funds can receive FTA assistance to the extent FTA deems appropriate. Applicable to Awards exceeding $25,000 From Section 4. Ethics. (a) Debarment and Suspension. The Subrecipient agrees to the following: (1) It will comply with the following requirements of 2 CFR part 180, subpart C, as adopted and supplemented by U.S. DOT regulations at 2 CFR part 1200. (2) It will not enter into any “covered transaction” (as that phrase is defined at 2 CFR §§ 180.220 and 1200.220) with any Third Party Participant that is, or whose principal is, suspended, debarred, or otherwise excluded from participating in covered transactions, except as authorized by- (i) U.S. DOT regulations, “Nonprocurement Suspension and Debarment,” 2 CFR part 1200; (ii) U.S. OMB regulatory guidance, “Guidelines to Agencies on Government-wide Debarment and Suspension (Nonprocurement),” 2 CFR part 180; and (iii) Other applicable federal laws, regulations, or requirements regarding participation with debarred or suspended Subrecipients or Third Party Participants. (3) It will review the U.S. GSA “System for Award Management – Lists of Parties Excluded from Federal Procurement and Nonprocurement Programs,” if required by U.S. DOT regulations, 2 CFR part 1200. (4) It will that its Third Party Agreements contain provisions necessary to flow down these suspension and debarment provisions to all lower tier covered transactions. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 42 of 51 (5) If the Subrecipient suspends, debars, or takes any similar action against a Third Party Participant or individual, the Subrecipient will provide immediate written notice to the: (i) FTA Regional Counsel for the Region in which the Subrecipient is located or implements the underlying Agreement, (ii) FTA Headquarters Manager that administers the Grant or Cooperative Agreement, or (iii) FTA Chief Counsel. Applicable to Awards exceeding the simplified acquisition threshold ($100,000 -see Note) Note: Applicable when tangible property or construction will be acquired Section 15. Preference for United States Products and Services. Except as the Federal Government determines otherwise in writing, the Subrecipient agrees to comply with FTA’s U.S. domestic preference requirements and follow federal guidance, including: Buy America. The domestic preference procurement requirements of 49 U.S.C. § 5323(j), and FTA regulations, “Buy America Requirements,” 49 CFR part 661, to the extent consistent with 49 U.S.C. § 5323(j). Section 39. Disputes, Breaches, Defaults, and Litigation. (a) FTA Interest. FTA has a vested interest in the settlement of any violation of federal law, regulation, or disagreement involving the Award, the accompanying underlying Agreement, and any Amendments thereto including, but not limited to, a default, breach, major dispute, or litigation, and FTA reserves the right to concur in any settlement or compromise. (b) Notification to FTA; Flow Down Requirement. If a current or prospective legal matter that may affect the Federal Government emerges, the Subrecipient must promptly notify the FTA Chief Counseland FTA Regional Counsel for the Region in which the Subrecipient is located. The Subrecipient must include a similar notification requirement in its Third Party Agreements and must require each Third Party Participant to include an equivalent provision in its subagreements at every tier, for any agreement that is a “covered transaction” according to 2 C.F.R. §§ 180.220 and 1200.220. (1) The types of legal matters that require notification include, but are not limited to, a major dispute, breach, default, litigation, or naming the Federal Government as a party to litigation or a legal disagreement in any forum for any reason. (2) Matters that may affect the Federal Government include, but are not limited to, the Federal Government’s interests in the Award, the accompanying Underlying Agreement, and any Amendments thereto, or the Federal Government’s administration or enforcement of federal laws, regulations, and requirements. (3) Additional Notice to U.S. DOT Inspector General. The Subrecipient must promptly notify the U.S. DOT Inspector General in addition to the FTA Chief Counsel or Regional Counsel for the Region in which the Subrecipient is located, if the Subrecipient has knowledge of potential fraud, waste, or abuse occurring on a Project receiving assistance from FTA. The notification provision applies if a person has or may have submitted a false claim under the False Claims Act, 31 U.S.C. § 3729, et seq., or has or may have committed a criminal or civil violation of law pertaining to such matters as fraud, conflict of interest, bid rigging, misappropriation or embezzlement, bribery, gratuity, or similar misconduct involving federal assistance. This responsibility occurs whether the Project is subject to this Agreement or another agreement between the Subrecipient and FTA, or an agreement involving a principal, officer, employee, agent, or Third Party Participant of the Subrecipient. It also applies to subcontractors at any tier. Knowledge, as used in this paragraph, includes, but is not limited to, knowledge of a criminal or civil investigation by a Federal, state, or local law enforcement or other investigative agency, a criminal indictment or civil complaint, or probable cause that could support a criminal indictment, or any other credible information in the possession of the Subrecipient. In this paragraph, “promptly” means to refer information without delay and without change. This notification provision applies to all divisions of the Subrecipient, including divisions tasked with law enforcement or investigatory functions. (c) Federal Interest in Recovery. The Federal Government retains the right to a proportionate share of any proceeds recovered from any third party, based on the percentage of the federal share for the Agreement. Notwithstanding the preceding sentence, the Subrecipient may return all liquidated damages it receives to its Award Budget for its Agreement rather than return the Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 43 of 51 federal share of those liquidated damages to the Federal Government, provided that the Subrecipient receives FTA’s prior written concurrence. (d) Enforcement. The Subrecipient must pursue its legal rights and remedies available under any third party agreement, or any federal, state, or local law or regulation. Applicable to Awards exceeding $100,000 by Statute From Section 4. Ethics. a. Lobbying Restrictions. The Subrecipient agrees that neither it nor any Third Party Participant will use federal assistance to influence any officer or employee of a federal agency, member of Congress or an employee of a member of Congress, or officer or employee of Congress on matters that involve the underlying Agreement, including any extension or modification, according to the following: (1) Laws, Regulations, Requirements, and Guidance. This includes: (i) The Byrd Anti-Lobbying Amendment, 31 U.S.C. § 1352, as amended; (ii) U.S. DOT regulations, “New Restrictions on Lobbying,” 49 CFR part 20, to the extent consistent with 31 U.S.C. § 1352, as amended; and (iii) Other applicable federal laws, regulations, requirements, and guidance prohibiting the use of federal assistance for any activity concerning legislation or appropriations designed to influence the U.S. Congress or a state legislature; and (2) Exception. If permitted by applicable federal law, regulations, requirements, or guidance, such lobbying activities described above may be undertaken through the Subrecipient’s or Subrecipient’s proper official channels. Section 26. Environmental Protections – Clean Air and Clean Water (d) Other Environmental Federal Laws. The Subrecipient agrees to comply or facilitate compliance, and assures that its Third Party Participants will comply or facilitate compliance, with all applicable federal laws, regulations, and requirements, and will follow applicable guidance, including, but not limited to, the Clean Air Act, Clean Water Act, Wild and Scenic Rivers Act of 1968, Coastal Zone Management Act of 1972, the Endangered Species Act of 1973, Magnuson Stevens Fishery Conservation and Management Act, Resource Conservation and Recovery Act, Comprehensive Environmental Response, Compensation, and Liability Act, Executive Order No. 11990 relating to “Protection of Wetlands,” and Executive Order No. 11988, as amended, “Floodplain Management.” Applicable with the Transfer of Property or Persons Section 15. Preference for United States Products and Services. Except as the Federal Government determines otherwise in writing, the Subrecipient agrees to comply with FTA’s U.S. domestic preference requirements and follow federal guidance, including: (a) Buy America. The domestic preference procurement requirements of 49 U.S.C. § 5323(j), and FTA regulations, “Buy America Requirements,” 49 CFR part 661, to the extent consistent with 49 U.S.C. § 5323(j); (c) Cargo Preference. Preference – Use of United States-Flag Vessels. The shipping requirements of 46 U.S.C. § 55305, and U.S. Maritime Administration regulations, “Cargo Preference – U.S.-Flag Vessels,” 46 CFR part 381; and (d) Fly America. The air transportation requirements of Section 5 of the International Air Transportation Fair Competitive Practices Act of 1974, as amended, 49 U.S.C. § 40118, and U.S. General Services Administration (U.S. GSA) regulations, “Use of United States Flag Air Carriers,” 41 CFR §§ 301-10.131 – 301-10.143. Applicable to Construction Activities Section 24. Employee Protections. a. Awards Involving Construction. The Subrecipient agrees to comply and assures that each Third Party Participant will comply with all federal laws, regulations, and requirements providing protections for construction employees involved in each Project or related activities with federal assistance provided through the underlying Agreement, including the: (1) Prevailing Wage Requirements of: (i) Federal transit laws, specifically 49 U.S.C. § 5333(a), (FTA’s “Davis-Bacon Related Act”); Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 44 of 51 (ii) The Davis-Bacon Act, 40 U.S.C. §§ 3141 – 3144, 3146, and 3147; and (iii) U.S. DOL regulations, “Labor Standards Provisions Applicable to Contracts Covering Federally Financed and Assisted Construction (also Labor Standards Provisions Applicable to Nonconstruction Contracts Subject to the Contract Work Hours and Safety St andards Act),” 29 CFR part 5. (2) Wage and Hour Requirements of: (i) Section 102 of the Contract Work Hours and Safety Standards Act, as amended, 40 U.S.C. § 3702, and other relevant parts of that Act, 40 U.S.C. § 3701 et seq.; and (ii) U.S. DOL regulations, “Labor Standards Provisions Applicable to Contracts Covering Federally Financed and Assisted Construction (also Labor Standards Provisions Applicable to Nonconstruction Contracts Subject to the Contract Work Hours and Safety Standards Act),” 29 CFR part 5. (3) “Anti-Kickback” Prohibitions of: (i) Section 1 of the Copeland “Anti-Kickback” Act, as amended, 18 U.S.C. § 874; (ii) Section 2 of the Copeland “Anti-Kickback” Act, as amended, 40 U.S.C. § 3145; and (iii) U.S. DOL regulations, “Contractors and Subcontractors on Public Building or Public Work Financed in Whole or in Part by Loans or Grants from the United States,” 29 CFR part 3. (4) Construction Site Safety of: (i) Section 107 of the Contract Work Hours and Safety Standards Act, as amended, 40 U.S.C. § 3704, and other relevant parts of that Act, 40 U.S.C. § 3701 et seq.; and (ii) U.S. DOL regulations, “Recording and Reporting Occupational Injuries and Illnesses,” 29 CFR part 1904; “Occupational Safety and Health Standards,” 29 CFR part 1910; and “Safety and Health Regulations for Construction,” 29 CFR part 1926. From Section 16 (n) Bonding. The Subrecipient agrees to comply with the following bonding requirements and restrictions as provided in federal regulations and guidance: (1) Construction. As provided in federal regulations and modified by FTA guidance, for each Project or related activities implementing the Agreement that involve construction, it will provide bid guarantee bonds, contract performance bonds, and payment bonds. (2) Activities Not Involving Construction. For each Project or related activities implementing the Agreement not involving construction, the Subrecipient will not impose excessive bonding and will follow FTA guidance. From Section 23 (b) Seismic Safety. The Subrecipient agrees to comply with the Earthquake Hazards Reduction Act of 1977, as amended, 42 U.S.C. § 7701 et seq., and U.S. DOT regulations, “Seismic Safety,” 49 CFR part 41, specifically, 49 CFR § 41.117. Section 12 Civil Rights D(3) Equal Employment Opportunity Requirements for Construction Activities. Comply, when undertaking “construction” as recognized by the U.S. Department of Labor (U.S. DOL), with: (i.) U.S. DOL regulations, “Office of Federal Contract Compliance Programs, Equal Employment Opportunity, Department of Labor,” 41 CFR chapter 60, and (ii) Executive Order No. 11246, “Equal Employment Opportunity in Federal Employment,” September 24, 1965, 42 U.S.C. § 2000e note (30 Fed. Reg. 12319, 12935), as amended by any later Executive Order that amends or supersedes it, referenced in 42 U.S.C. § 2000e note. Applicable to Nonconstruction Activities From Section 24. Employee Protections (b) Awards Not Involving Construction. The Subrecipient agrees to comply and assures that each Third Party Participant will comply with all federal laws, regulations, and requirements providing wage and hour protections for nonconstruction employees, including Section 102 of the Contract Work Hours and Safety Standards Act, as amended, 40 U.S.C. § 3702, and other relevant parts of that Act, 40 U.S.C. § 3701 et seq., and U.S. DOL regulations, “Labor Standards Provisions Applicable to Contracts Covering Federally Financed and Assisted Construction (also Labor Standards Provisions Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 45 of 51 Applicable to Nonconstruction Contracts Subject to the Contract Work Hours and Safety Standards Act),” 29 CFR part 5. Applicable to Transit Operations a. Public Transportation Employee Protective Arrangements. As a condition of award of federal assistance appropriated or made available for FTA programs involving public transportation operations, the Subrecipient agrees to comply and assures that each Third Party Participant will comply with the following employee protective arrangements of 49 U.S.C. § 5333(b): (1) U.S. DOL Certification. When its Awarded, the accompanying Agreement, or any Amendments thereto involve public transportation operations and are supported with federal assistance appropriated or made available for 49 U.S.C. §§ 5307 – 5312, 5316, 5318, 5323(a)(1), 5323(b), 5323(d), 5328, 5337, 5338(b), or 5339, or former 49 U.S.C. §§ 5308, 5309, 5312, or other provisions of law as required by the Federal Government, U.S. DOL must provide a certification of employee protective arrangements before FTA may provide federal assistance for that Award. The Subrecipient agrees that the certification issued by U.S. DOL is a condition of the underlying Agreement and that the Subrecipient must comply with its terms and conditions. (2) Special Warranty. When its Agreement involves public transportation operations and is supported with federal assistance appropriated or made available for 49 U.S.C. § 5311, U.S. DOL will provide a Special Warranty for its Award, including its Award of federal assistance under the Tribal Transit Program. The Subrecipient agrees that its U.S. DOL Special Warranty is a condition of the underlying Agreement and the Subrecipient must comply with its terms and conditions. (3) Special Arrangements for Agreements for Federal Assistance Authorized under 49 U.S.C. § 5310. The Subrecipient agrees, and assures that any Third Party Participant providing public transportation operations will agree, that although pursuant to 49 U.S.C. § 5310, and former 49 U.S.C. §§ 5310 or 5317, FTA has determined that it was not “necessary or appropriate” to apply the conditions of 49 U.S.C. § 5333(b) to any Subagreement participating in the program to provide public transportation for seniors (elderly individuals) and individuals with disabilities, FTA reserves the right to make case-by- case determinations of the applicability of 49 U.S.C. § 5333(b) for all transfers of funding authorized under title 23, United States Code (flex funds), and make other exceptions as it deems appropriate. Section 28. Charter Service. (a) Prohibitions. The Recipient agrees that neither it nor any Third Party Participant involved in the Award will engage in charter service, except as permitted under federal transit laws, specifically 49 U.S.C. § 5323(d), (g), and (r), FTA regulations, “Charter Service,” 49 CFR part 604, any other Federal Charter Service regulations, federal requirements, or federal guidance. (b) Exceptions. Apart from exceptions to the Charter Service restrictions in FTA’s Charter Service regulations, FTA has established the following additional exceptions to those restrictions: (1) FTA’s Charter Service restrictions do not apply to equipment or facilities supported with federal assistance appropriated or made available for 49 U.S.C. § 5307 to support a Job Access and Reverse Commute (JARC)-type Project or related activities that would have been eligible for assistance under repealed 49 U.S.C. § 5316 in effect in Fiscal Year 2012 or a previous fiscal year, provided that the Subrecipient uses that federal assistance for FTA program purposes only, and (2) FTA’s Charter Service restrictions do not apply to equipment or facilities supported with the federal assistance appropriated or made available for 49 U.S.C. § 5310 to support a New Freedom- type Project or related activities that would have been eligible for federal assistance under repealed 49 U.S.C. § 5317 in effect in Fiscal Year 2012 or a previous fiscal year, provided the Subrecipient uses that federal assistance for program purposes only. (c) Violations. If it or any Third Party Participant engages in a pattern of violations of FTA’s Charter Service regulations, FTA may require corrective measures and remedies, including withholding an amount of federal assistance as provided in FTA’s Charter Service regulations, 49 CFR part 604, appendix D, or barring it or the Third Party Participant from receiving federal assistance provided in 49 U.S.C. chapter 53, 23 U.S.C. § 133, or 23 U.S.C. § 142. Section 29. School Bus Operations. (a) Prohibitions. The Subrecipient agrees that neither it nor any Third Party Participant that is participating in its Award will engage in school bus operations exclusively for the transportation of Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 46 of 51 students or school personnel in competition with private school bus operators, except as permitted by federal transit laws, 49 U.S.C. § 5323(f) or (g), FTA regulations, “School Bus Operations,” 49 CFR part 605, and any other applicable federal “School Bus Operations” laws, regulations, federal requirements, or applicable federal guidance. (b) Violations. If a Subrecipient or any Third Party Participant has operated school bus service in violation of FTA’s School Bus laws, regulations, or requirements, FTA may require the Subrecipient or Third Party Participant to take such remedial measures as FTA considers appropriate, or bar the Subrecipient or Third Party Participant from receiving federal transit assistance. From Section 35 Substance Abuse c. Alcohol Misuse and Prohibited Drug Use. (1) Requirements. The Subrecipient agrees to comply and assures that its Third Party Participants will comply with: (i) Federal transit laws, specifically 49 U.S.C. § 5331; (ii) FTA regulations, “Prevention of Alcohol Misuse and Prohibited Drug Use in Transit Operations,” 49 CFR part 655; and (iii) Applicable provisions of U.S. DOT regulations, “Procedures for Transportation Workplace Drug and Alcohol Testing Programs,” 49 CFR part 40. (2) Remedies for Non-Compliance. The Subrecipient agrees that if FTA determines that the Subrecipient or a Third Party Participant receiving federal assistance under 49 U.S.C. chapter 53 is not in compliance with 49 CFR part 655, the Federal Transit Administrator may bar that Subrecipient or Third Party Participant from receiving all or a portion of the federal transit assistance for public transportation it would otherwise receive. Applicable to Planning, Research, Development, and Documentation Projects Section 17. Patent Rights. a. General. The Subrecipient agrees that: (1) Depending on the nature of the Agreement, the Federal Government may acquire patent rights when the Subrecipient or Third Party Participant produces a patented or patentable invention, improvement, or discovery; (2) The Federal Government’s rights arise when the patent or patentable information is conceived or reduced to practice with federal assistance provided through the underlying Agreement; or (3) When a patent is issued or patented information becomes available as described in the preceding section 17(a)(2) of this Master Agreement, the Subrecipient will notify FTA immediately and provide a detailed report satisfactory to FTA. b. Federal Rights. The Subrecipient agrees that: (1) Its rights and responsibilities, and each Third Party Participant’s rights and responsibilities, in that federally assisted invention, improvement, or discovery will be determined as provided in applicable federal laws, regulations, requirements, and guidance, including any waiver thereof, and (2) Unless the Federal Government determines otherwise in writing, irrespective of its status or the status of any Third Party Participant as a large business, small business, state government, state instrumentality, local government, Indian tribe, nonprofit organization, institution of higher education, or individual, the Subrecipient will transmit the Federal Government’s patent rights to FTA, as specified in 35 U.S.C. § 200 et seq., and U.S. Department of Commerce regulations, “Rights to Inventions Made by Nonprofit Organizations and Small Business Firms Under Government Grants, Contracts and Cooperative Agreements,” 37 CFR part 401. c. License Fees and Royalties. Consistent with the applicable U.S. DOT Common Rules, the Subrecipient agrees that license fees and royalties for patents, patent applications, and inventions produced with federal assistance provided through the Agreement are program income and must be used in compliance with applicable federal requirements. Section 18. Rights in Data and Copyrights. (a) Definition of “Subject Data.” As used in this section, “subject data” means recorded information whether or not copyrighted, and that is delivered or specified to be delivered as required by the Agreement. Examples of “subject data” include, but are not limited to computer software, standards, specifications, engineering drawings and associated lists, process sheets, manuals, technical reports, catalog item identifications, and related information, but do not include financial Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 47 of 51 reports, cost analyses, or other similar information used for performance or administration of the underlying Agreement. (b) General Federal Restrictions. The following restrictions apply to all subject data first produced in the performance of the Agreement: (1) Prohibitions. The Subrecipient may not publish or reproduce any subject data, in whole, in part, or in any manner or form, or permit others to do so. (2) Exceptions. The prohibitions do not apply to publications or reproductions for the Subrecipient’s own internal use, an institution of higher learning, the portion of subject data that the Federal Government has previously released or approved for release to the public, or the portion of data that has the Federal Government’s prior written consent for release. (c) Federal Rights in Data and Copyrights. The Subrecipient agrees that: (1) General. It must provide a license to its “subject data” to the Federal Government that is royalty- free, non-exclusive, and irrevocable. The Federal Government’s license must permit the Federal Government to reproduce, publish, or otherwise use the subject data or permit other entities or individuals to use the subject data provided those actions are taken for Federal Government purposes, and (2) U.S. DOT Public Access Plan – Copyright License. The Subrecipient grants to U.S. DOT a worldwide, non-exclusive, non-transferable, paid-up, royalty-free copyright license, including all rights under copyright, to any and all Publications and Digital Data Sets as such terms are defined in the U.S. DOT Public Access plan, resulting from scientific research funded either fully or partially by this funding agreement. The Subrecipient herein acknowledges that the above copyright license grant is first in time to any and all other grants of a copyright license to such Publications and/or Digital Data Sets, and that U.S. DOT shall have priority over any other claim of exclusive copyright to the same. (d) Special Federal Rights in Data for Research, Development, Demonstration, Deployment, Technical Assistance, and Special Studies Programs. In general, FTA’s purpose in providing federal assistance for a research, development, demonstration, deployment, technical assistance, or special studies program is to increase transportation knowledge, rather than limit the benefits of the Award to the Subrecipient and its Third Party Participants. Therefore, the Subrecipient agrees that: (1) Publicly Available Report. When an Award providing federal assistance for any of the programs described above is completed, it must provide a report of the Agreement that FTA may publish or make available for publication on the Internet. (2) Other Reports. It must provide other reports related to the Award that FTA may request. (3) Availability of Subject Data. FTA may make available its copyright license to the subject data, and a copy of the subject data to any FTA Recipient or any Third Party Participant at any tier, except as the Federal Government determines otherwise in writing. (4) Identification of Information. It must identify clearly any specific confidential, privileged, or proprietary information submitted to FTA. (5) Incomplete. If the Award is not completed for any reason whatsoever, all data developed with federal assistance for the Award becomes “subject data” and must be delivered as the Federal Government may direct. (6) Exception. This section does not apply to an adaptation of any automatic data processing equipment or program that is both for the Subrecipient’s use and acquired with FTA capital program assistance. (e) License Fees and Royalties. Consistent with the applicable U.S. DOT Common Rules, the Subrecipient agrees that license fees and royalties for patents, patent applications, and inventions produced with federal assistance provided through the Agreement are program income and must be used in compliance with federal applicable requirements. (f) Hold Harmless. Upon request by the Federal Government, the Subrecipient agrees that if it intentionally violates any proprietary rights, copyrights, or right of privacy, and if its violation under the preceding section occurs from any of the publication, translation, reproduction, delivery, use or disposition of subject data, then it will indemnify, save, and hold harmless against any liability, including costs and expenses of the Federal Government’s officers, employees, and agents acting within the scope of their official duties. The Subrecipient will not be required to indemnify the Federal Government for any liability described in the preceding sentence, if the violation is caused by the wrongful acts of federal officers, employees or agents, or if i ndemnification is prohibited or limited by applicable state law. (g) Restrictions on Access to Patent Rights. Nothing in this section of this Master Agreement (FTA MA(23)) pertaining to rights in data either implies a license to the Federal Government under any patent, or Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 48 of 51 may be construed to affect the scope of any license or other right otherwise granted to the Federal Government under any patent. (h) Data Developed Without Federal Assistance or Support. The Subrecipient agrees that in certain circumstances it may need to provide to FTA data developed without any federal assistance or support. Nevertheless, this section generally does not apply to data developed without federal assistance, even though that data may have been used in connection with the Award. The Subrecipient agrees that the Federal Government will not be able to protect data developed without federal assistance from unauthorized disclosure unless that data is clearly marked “Proprietary,” or “Confidential.” (i) Requirements to Release Data. The Subrecipient understands and agrees that the Federal Government may be required to release data and information the Subrecipient submits to the Federal Government as required under: (1). The Freedom of Information Act (FOIA), 5 U.S.C. § 552, (2) The U.S. DOT Common Rules, (3) U.S. DOT Public Access Plan, which provides that the Subrecipient agrees to satisfy the reporting and compliance requirements as set forth in the U.S. DOT Public Access plan, including, but not limited to, the submission and approval of a Data Management Plan, the use of Open Researcher and Contributor ID (ORCID) numbers, the creation and maintenance of a Research Project record in the Transportation Research Board’s (TRB) Research in Progress (RiP) database, and the timely and complete submission of all required publications and associated digital data sets as such terms are defined in the DOT Public Access plan. Additional information about how to comply with the requirements can be found at: http://ntl.bts.gov/publicaccess/howtocomply.html, or (4) Other federal laws, regulations, requirements, and guidance concerning access to records pertaining to the Award, the accompanying Agreement, and any Amendments thereto. Miscellaneous Special Requirements From Section 12. Civil Rights. (e) Disadvantaged Business Enterprise. To the extent authorized by applicable federal laws, regulations, or requirements, the Subrecipient agrees to facilitate, and assures that each Third Party Participant will facilitate, participation by small business concerns owned and controlled by soci ally and economically disadvantaged individuals, also referred to as “Disadvantaged Business Enterprises” (DBEs), in the Agreement as follows: (1) Statutory and Regulatory Requirements. The Subrecipient agrees to comply with: (i) Section 11101(e) of IIJA; (ii) U.S. DOT regulations, “Participation by Disadvantaged Business Enterprises in Department of Transportation Financial Assistance Programs,” 49 CFR part 26; and (iii) Federal transit law, specifically 49 U.S.C. § 5332, as provided in section 12 of this Master Agreement. (2) DBE Program Requirements. A Subrecipient that receives planning, capital and/or operating assistance and that will award prime third party contracts exceeding $250,000 the requirements of 49 CFR part 26. (3) Special Requirements for a Transit Vehicle Manufacturer (TVM). The Subrecipient agrees that: (i) TVM Certification. Each TVM, as a condition of being authorized to bid or propose on FTA- assisted transit vehicle procurements, must certify that it has complied with the requirements of 49 CFR part 26; and (ii) Reporting TVM Awards. Within 30 days of any third party contract award for a vehicle purchase, the Subrecipient must submit to FTA the name of the TVM contractor and the total dollar value of the third party contract, and notify FTA that this information has been attached to FTA’s electronic award management system. The Subrecipient must also submit additional notifications if options are exercised in subsequent years to ensure that the TVM is still in good standing. (4) Assurance. As required by 49 CFR § 26.13(a): (i) Recipient Assurance. The Subrecipient agrees and assures that: (A) It must not discriminate on the basis of race, color, national origin, or sex in the award and performance of any FTA or U.S. DOT-assisted contract, or in the administration of its DBE program or the requirements of 49 CFR part 26; (B) It must take all necessary and reasonable steps under 49 CFR part 26 to ensure nondiscrimination in the award and administration of U.S. DOT-assisted contracts; Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 49 of 51 (C) Its DBE program, as required under 49 CFR part 26 and as approved by U.S. DOT, is incorporated by reference and made part of the Underlying Agreement; and (D) Implementation of its DBE program approved by U.S. DOT is a legal obligation and failure to carry out its terms shall be treated as a violation of this Master Agreement. (ii) Subrecipient/Third Party Contractor/Third Party Subcontractor Assurance. The Subrecipient agrees and assures that it will include the following assurance in each subagreement and third party contract it signs with a Subrecipient or Third Party Contractor and agrees to obtain the agreement of each of its Subrecipients, Third Party Contractors, and Third Party Subcontractors to include the following assurance in every subagreement and third party contract it signs: (A) The Subrecipient, each Third Party Contractor, and each Third Party Subcontractor must not discriminate on the basis of race, color, national origin, or sex in the award and performance of any FTA or U.S. DOT-assisted subagreement, third party contract, and third party subcontract, as applicable, and the administration of its DBE program or the requirements of 49 CFR part 26; (B) The Subrecipient, each Third Party Contractor, and each Third Party Subcontractor must take all necessary and reasonable steps under 49 CFR part 26 to ensure nondiscrimination in the award and administration of U.S. DOT-assisted subagreements, third party contracts, and third party subcontracts, as applicable; (C) Failure by the Subrecipient and any of its Third Party Contractors or Third Party Subcontractors to carry out the requirements of subparagraph 12.e(4)(b) (of FTA MA(23)) is a material breach of their subagreement, third party contract, or third party subcontract, as applicable; and (D) The following remedies, or such other remedy as the Subrecipient deems appropriate, include, but are not limited to, withholding monthly progress payments; assessing sanctions; liquidated damages; and/or disqualifying the Subrecipient, Third Party Contractor, or Third Party Subcontractor from future bidding as non-responsible. (5) Remedies. Upon notification to the Subrecipient of its failure to carry out its approved program, FTA or U.S. DOT may impose sanctions as provided for under 49 CFR part 26, and, in appropriate cases, refer the matter for enforcement under either or both 18 U.S.C. § 1001, and/or the Program Fraud Civil Remedies Act of 1986, 31 U.S.C. § 3801 et seq. From Section 12. Civil Rights. (h) Nondiscrimination on the Basis of Disability. The Subrecipient agrees to comply with the following federal prohibitions against discrimination on the basis of disability: (1) Federal laws, including: (i) Section 504 of the Rehabilitation Act of 1973, as amended, 29 U.S.C. § 794, which prohibits discrimination on the basis of disability in the administration of federally assisted Programs, Projects, or activities; (ii) The Americans with Disabilities Act of 1990 (ADA), as amended, 42 U.S.C. § 12101 et seq., which requires that accessible facilities and services be made available to individuals with disabilities: (A) For FTA Recipients generally, Titles I, II, and III of the ADA apply,;but (B) For Indian Tribes, Titles II and III of the ADA apply, but Title I of the ADA does not apply because it exempts Indian Tribes from the definition of “employer;” (iii) The Architectural Barriers Act of 1968, as amended, 42 U.S.C. § 4151 et seq., which requires that buildings and public accommodations be accessible to individuals with disabilities; (iv) Federal transit law, specifically 49 U.S.C. § 5332, which now includes disability as a prohibited basis for discrimination; and (v) Other applicable federal laws, regulations, and requirements pertaining to access for seniors or individuals with disabilities. (2) Federal regulations and guidance, including: (i) U.S. DOT regulations, “Transportation Services for Individuals with Disabilities (ADA),” 49 CFR part 37; (ii) U.S. DOT regulations, “Nondiscrimination on the Basis of Disability in Programs and Activities Receiving or Benefiting from Federal Financial Assistance,” 49 CFR part 27; Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 50 of 51 (iii) Joint U.S. Architectural and Transportation Barriers Compliance Board (U.S. ATBCB) and U.S. DOT regulations, “Americans With Disabilities (ADA) Accessibility Specifications for Transportation Vehicles,” 36 CFR part 1192 and 49 CFR part 38; (iv) U.S. DOT regulations, “Transportation for Individuals with Disabilities: Passenger Vessels,” 49 CFR part 39; (v) U.S. DOJ regulations, “Nondiscrimination on the Basis of Disability in State and Local Government Services,” 28 CFR part 35; (vi) U.S. DOJ regulations, “Nondiscrimination on the Basis of Disability by Public Accommodations and in Commercial Facilities,” 28 CFR part 36; (vii)U.S. EEOC, “Regulations to Implement the Equal Employment Provisions of the Americans with Disabilities Act,” 29 CFR part 1630; (viii) U.S. Federal Communications Commission regulations, “Telecommunications Relay Services and Related Customer Premises Equipment for Persons with Disabilities,” 47 CFR part 64, Subpart F; (ix) U.S. ATBCB regulations, “Electronic and Information Technology Accessibility Standards,” 36 CFR part 1194; (x) FTA regulations, “Transportation for Elderly and Handicapped Persons,” 49 CFR part 609, (xi) FTA Circular 4710.1, “Americans with Disabilities Act: Guidance;” and (xii) Other applicable federal civil rights and nondiscrimination regulations and guidance. Section 16. Procurement. (a) Federal Laws, Regulations, Requirements, and Guidance. The Subrecipient agrees: (1) To comply with the requirements of 49 U.S.C. chapter 53 and other applicable federal laws, regulations, and requirements in effect now or later that affect its third party procurements; (2) To comply with the applicable U.S. DOT Common Rules; and (3) To follow the most recent edition and any revisions of FTA Circular 4220.1, “Third Party Contracting Guidance,” to the extent consistent with applicable federal laws, regulations, requirements, and guidance. State Requirements Section 37. Special Notification Requirements for States. (a) Types of Information. To the extent required under federal law, the State, agrees to provide the following information about federal assistance awarded for its State Program, Project, or related activities: (1) The Identification of FTA as the federal agency providing the federal assistance for a State Program or Project; (2) The Catalog of Federal Domestic Assistance Number of the program from which the federal assistance for a State Program or Project is authorized; and (3) The amount of federal assistance FTA has provided for a State Program or Project. (b) Documents. The State agrees to provide the information required under this provision in the following documents: (1) applications for federal assistance, (2) requests for proposals, or solicitations, (3) forms, (4) notifications, (5) press releases, and (6) other publications. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 Contract Number: 26-HTR-ZL-00082 / PO: 491004065 Page 51 of 51 EXHIBIT E, VERIFICATION OF PAYMENT This checklist is to assist the Subrecipient in preparation of its billing packets to State. This checklist is provided as guidance and is subject to change by State. State shall provide notice of any such changes to Subrecipient. All items may not apply to your particular entity. State’s goal is to reimburse Subrecipients as quickly as possible and a well organized and complete billing packet helps to expedite payment. Verification of Payment – ✓ General Ledger Report must have the following:  Identify check number or EFT number;  If no check number is available, submit Accounts Payable Distribution report with the General Ledger;  In-Kind (must be pre-approved by State) and/or cash match;  Date of the report;  Accounting period;  Current period transactions; and  Account coding for all incurred expenditures. ✓ If no General Ledger Report, all of the following are acceptable:  copies of checks;  check registers; and  paycheck stub showing payment number, the amount paid, the check number or electronic funds transfer (EFT), and the date paid. ✓ State needs to ensure that expenditures incurred by the local agencies have been paid by Party before State is invoiced by Party. ✓ Payment amounts should match the amount requested on the reimbursement. Additional explanation and documentation is required for any variances. In-Kind or Cash Match – If an entity wishes to use these types of match, they must be approved by State prior to any Work taking place. ✓ If in-kind or cash match is being used for the Local Match, the in -kind or cash match portion of the project must be included in the project application and the statement of work attached to the Agreement or purchase order. FTA does not require pre-approval of in-kind or cash match, but State does. ✓ General ledger must also show the in-kind and/or cash match. Indirect costs – If an entity wishes to use indirect costs, the rate must be approved by State prior to applying it to the reimbursements. ✓ If indirect costs are being requested, an approved indirect letter from State or your cognizant agency for indirect costs, as defined in 2 CCR §200. 19, must be provided. The letter must state what indirect costs are allowed, the approved rate and the time period for the approval. The indirect cost plan must be reconciled annually and an updated letter submitted each year thereafter. Fringe Benefits- Considered part of the Indirect Cost Rate and must be reviewed and approved prior to including these costs in the reimbursements. ✓ Submit an approval letter from the cognizant agency for indirect costs, as defined in 2 CCR §200. 19, that verifies fringe benefit, or ✓ Submit the following fringe benefit rate proposal package to State Audit Division:  Copy of Financial Statement;  Personnel Cost Worksheet;  State of Employee Benefits; and  Cost Policy Statement. Docusign Envelope ID: 0B12700E-6FC6-4B90-8E52-72738D3727E5 970-748-4413 matt@avon.org TO: Honorable Mayor Underwood and Avon Town Council FROM: Matt Pielsticker, AICP, Community Development Director RE: QUASI-JUDICIAL PUBLIC HEARING | First Reading of Ordinance 26-02 Village (at Avon) PUD Amendment | File PUD23002 Vested Property Rights Extension | File VPR23001 DATE: January 8, 2026 INTRODUCTION: This Staff report contains the review of a Planned Unit Development (“PUD”) Amendment application and Vested Property Rights Extension application. The PUD Amendment is a joint application “(Attachment A”) by and between the Town of Avon and the Traer Creek, LLC development team (“Traer Creek”). It includes various amendments to the Village (at Avon) PUD Guide, PUD Master Plan map, and also the Consolidated, Amended and Restated Annexation and Development Agreement (“CARADA”). The PUD Master Plan map modifications to the established Planning Areas within the PUD are part of the Town of Avon’s proposal to rename some planning areas for Community Housing use. After two (2) meetings first held on November 10, 2025, and December 8, 2025, the Avon Planning and Zoning Commission (“PZC”) voted 6-0 to recommend approval of these applications. Affirmative action on Ordinance 26-02 (“Attachment B”), and the accompanying draft Record of Decision, would conditionally approve the applications as recommended by PZC. At the January 13, 2026, public hearing, time will be allotted for staff and Traer Creek presentations, public comments, Town Council (“Council”) questions, and deliberations. Given the scope of the amendments and the volume of attached materials, I recommend that the Council continue the public hearing to a future date. The Municipal Code allows for continuation for a period not to exceed 65 days. BACKGROUND: This joint PUD Amendment application originated in Fall 2023. The Town was pursuing a housing project called “Avondale Apartments” on Lot 5, a Town-owned property that is zoned for Public Facilities uses located next to Home Depot. This coincided with the timing of the Eagle Valley Early Childhood project on Planning Area E (“PA-E”). That project initially included an integrated housing element, necessitating further zoning amendments to the PUD. After initial discussions with Traer Creek, it became apparent that it would be an opportune time to include Traer Creek’s desired amendments at the same time. For example, Traer Creek sought additional density for Planning Area C (“PA-C”) and Planning Area D (“PA- D”). The amendment process was formally initiated by the Council in November 2023. Since that time the scope of amendments has changed per direction by Traer Creek. Traer Creek added to the PUD Amendment application, an application for the extension of Vested Property Rights for Planning Areas K and RMF-1 (the upper hillside north of I-70). PROCESS: PUD Amendments to the Village (at Avon) PUD follow specific procedures as detailed in Section H of the PUD Guide. As this amendment is being processed as a formal application, Section H requires these types of applications be processed in accordance with Avon Municipal Code (“AMC”) §7.16.060, Planned Unit Development (PUD), to be heard by both PZC and Council. The PZC reviewed the applications and provided a recommendation to Council. Council shall review and make a final decision after conducting a public hearing. As part of this process, both the PZC and Council review the PUD Amendment according to the same approval criteria listed for Preliminary PUD Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 2 of 18 Staff Review & Public Notice PZC Hearing & Decision Dec 8, 2025 PZC Hearing Nov 10, 2025 Town Council 1st Reading Jan 13, 2026 Town Council 2nd Reading TBD development plans. This PUD Amendment will be memorialized through two readings of the attached Ordinance. The process for considering an extension of Vested Property Rights is set forth in AMC §7.16.140. The adoption of a Vested Property Right, or extension of existing Vested Property Right, is considered to be a legislative act approved by Ordinance. AMC Sec. 7.16.140(f) directly addresses Extension of Vested Property Rights, which states: (f) Extension of Vested Property Rights. A landowner may request an extension of vested property rights by submitting an application for extension of vested property rights at least six (6) months prior to the expiration of the vested property rights. No application for extension of a vested property right shall be approved until after providing notice and conducting public hearings in compliance with Subsection 7.16.020(d). The guidelines in Paragraph 7.16.140(e)(2) shall be considered when determining whether to grant an extension to a vested property right. An extension of a vested property right shall be approved by ordinance. The notice of approval provisions in Paragraph 7.16.140(d)(1) above shall apply to any approval for extension of vested property rights. Per the Village (at Avon) PUD Guide, PUD Amendments proposed by any property owner requires the consent and approval of Traer Creek. This PUD Amendment application includes Traer Creek’s application for extension of Vested Property Rights as a companion to the PUD Amendment application. These are separate applications that are reviewed concurrently under Avon’s Development Code but are combined with regard to the consent and approval of Traer Creek. SUMMARY OF APPLICATIONS: A summary of PUD amendments is located on Page 3 of the attached Application Narrative (“Attachment A”). The amendments were collaboratively developed and drafted by Traer Creek and Town staff. I have summarized some of the amendments in this report. A more detailed explanation of the amendments is included in the Narrative and other attachments. Town Amendments: The Town’s PUD amendments advance Avon’s Community Housing efforts on Town-owned property by creating two new Community Housing areas tailored to each site. New Planning Area designations include Community Housing 1 (“CH-1”) and Community Housing 2 (“CH-2”). Planning Area CH-1 replaces portions of Planning Area D and Planning Area E – adjacent to the Eagle Valley Early Childcare and Development Center that is currently under construction on East Beaver Creek Boulevard. Planning Area CH-2 replaces Planning Area Public Facilities 1 (“PF-1”) for Lot 5, which is the property adjacent to Home Depot. The PUD Guide amendments recognize Community Housing as a use by right in these two new planning areas. This amendment neither affects any established Vested Property Rights that exist, nor does it affect Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 3 of 18 or modify any of the other existing uses as found in the PUD. The Avondale Apartment project slated for CH-2 could advance forward in design with approval of these amendments. Currently, that project is in the middle of the design review process with the Village (at Avon) Design Review Board. A maximum of forty (40) dwelling units would be possible. If the CH-1 amendments are approved, the Town could move forward with a conceptual design process to determine final programming, density, and layout. Traer Creek is dedicating existing Lot 8 (approximately ½ acre) to be included with a portion of Town owned PA-E to create the CH-1 housing site (approximately 1.2 acres) and the density would be capped at thirty-six (36) units. These images highlight the existing and proposed PUD Master Plan map changes. Existing PUD Map (above) – Proposed PUD Map (below) Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 4 of 18 The PUD requires 500 units of “affordable” housing be constructed on the property. The housing requirements were negotiated and approved in a time when employee mitigation and a percentage of units were the rudimentary approach. The “trigger” to provide for the remaining required (256) units is when both of the following conditions have been satisfied: 1) The Town has issued final certificates for Commercial Space within the property in the aggregate of 650,000 square feet of consolidated Gross Square Footage; and 2) the Town has issued final certificate of occupancy for an aggregate of 1,881 Dwelling Units. Currently, 368,573 square feet of commercial and 807 dwelling units are constructed or under construction. The likelihood of meeting both conditions (commercial and residential triggers) is low. Permitting Community Housing on CH1 and CH2 could facilitate earlier delivery of units if the Town can develop in these areas. Housing mitigation, forms of deed restrictions, and methods of employee mitigation have evolved greatly over the past 25+ years. An overhaul to the Community Housing standards – Section I – is included as part of the application. This section clarifies existing constructed units versus remaining unit requirements. The PUD Amendment would update rental (up to 120% Area Median Income) and ownership (up to 140% Area Median Income) guidelines for the balance of 254 units required. The Town’s two housing sites would count toward the remaining required units. Additionally, resident-occupied deed restricted units could fulfill a portion of the remaining housing units requirements. All future remaining required units would be deed restricted. The PUD Guide would also cross reference with the Avon Community Housing Policies (“ACHP”), adding consistency with housing administration for all Avon Community Housing units. In order to better understand CH1, we have superimposed a Piedmont building (D) onto the Planning Area for scale. The building footprint, unit count, and height are all slightly larger than what could potentially fit on CH1. Superimposed Building D on CH1 Building D Piedmont Traer Creek Amendments: Amendments being requested by Traer Creek include a density increase to PA- C and PA-D, with a building height increase to 60’ in these planning areas, as well as the ability via Special Review to apply for reviewing heights up to 74’ for areas greater than 250’ from the southern border of the railroad tracks. Traer Creek proposes to clarify and maintain the ability to construct up to 280 Dwelling Units Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 5 of 18 in a cul-de-sac development with one point of vehicular access. The International Fire Code (“IFC”) reduced the permitted number of multi-family dwelling units to 200 on a cul-de-sac with one ingress/egress route in 2003. Developing between 200 and 280 Dwelling Units could be realized in Planning Area I (“PA-I”), Planning Area J (“PA-J”), Planning Area K (“PA-K”), and/or Planning Area RMF-1 (“RMF-1”). Short-term rentals and the management of the Town’s short-term rental licensing program were not in place when the Village (at Avon) PUD was initially approved. The intent is to formally recognize this use as permitted, similar to other properties in the Town Core on the valley floor. The PUD Amendment officially defines short-term rental according to AMC and includes this use in zones PA-A, PA-C, PA-D, and PA-J. Section B.6 of the PUD Guide is proposed to be amended to remove the minimum/maximum percentage of residential and commercial square footage in PA-A,, PA-F, PA-G, and PA-H. Buildout of PA-F, PA-G, and PA-H is complete and there does not appear to be a compelling reason to keep a minimum commercial square footage in PA-A. Staff felt that it was important to maintain the residential character in the middle of the valley floor in PA-C and PA-D and therefore the maximum of 10% commercial in PA-C and PA-D would remain as a requirement in the PUD. PUBLIC NOTIFICATION/COMMENT: The Applications were publicly notified in the Vail Daily on October 31. Mailed notice was sent via United States Postal Service to all owners within 300’ of the PUD prior to the first PZC hearing. At the November 10, 2025 meeting PZC conducted a public hearing and continued the application until December 8, 2025. A second mailed and Vail Daily legal notice took place prior to this first Council hearing. Written and oral comments were received at both PZC public hearings. Written public comments are attached (“Attachment C”) to this report for review and consideration. The majority of written comments raise concerns with height and denisty changes. This is a summary of concerns raised in the written comments: After two public hearings and review of public comment, PZC formulated a recommendation to approve the PUD Amendment with two conditions: 1. Amend PUD Guide for Planning Area A to permit 60 feet building height as a use by right (not a special review use). Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 6 of 18 2. Amend PUD Guide for Planning Area D for areas within 250’ of the southern boundary to maintain the existing 48-feet maximum building height, with a special review use for additional building height up to a maximum of 60 feet. These recommended conditions highlight the comfort with height in Planning Area A and some general concern with building height increases in Planning Area D. A special review use requires the review of site specific requests by PZC after a publicly notified hearing. There was discussion and initial hesitation with the density increases, however, PZC determined that the other development parameters (e.g. setbacks, parking, etc.) would govern the overall density and intensity of development in the valley floor. The following commentary pertains to how this PUD Amendment conforms with the Review Criteria as established in AMC §7.16.060, Planned Unit Development (PUD). The Council shall consider the following criteria as the basis for a recommendation on this PUD amendment: (i) The PUD addresses a unique situation, confers a substantial benefit to the Town and/or incorporates creative site design such that it achieves the purposes of this Development Code and represents an improvement in quality over what could have been accomplished through strict application of the otherwise applicable district or development standards. Such improvements in quality may include, but are not limited to: improvements in open space provision and access; environmental protection; tree/vegetation preservation; efficient provision of streets, roads and other utilities and services; or increased choice of living and housing environments; Staff Response: This PUD amendment does not alter the intention or design of the underlying Village (at Avon) PUD in adding Community Housing as a distinct use within the affected planning areas. Creating Community Housing planning areas and assigning density to those areas will increase housing options for the local workforce by offering dedicated housing options for specific government employees and childcare facility workers, without competing with other free-market units within the VAA. Increasing density and Community Housing in the valley floor area, particularly within PA- C, PA-D, and PF-1, will also increase housing stock in areas where existing utilities, road infrastructure, and transit facilities exist. Open space provisions, landscaping requirements, and other environmental protection standards remain in place. (ii) The PUD rezoning will promote the public health, safety and general welfare; Staff Response: This PUD amendment promotes the public health, safety, and general welfare in distinctly promoting the workforce who supports civic action, essential services, and in the childcare industry. All potential Community Housing residents contribute to the general welfare and sustainable workforce of Avon. PUD AMENDMENT REVIEW CRITERIA Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 7 of 18 Increasing development potential in the valley floor between Chapel Square and the existing Piedmont apartments is supported by the Development Code. Updates to the PUD Guide language bring relevancy to current development patterns and add to the general welfare of the community by providing cohesiveness with the rest of the Town Core. Concerns over compatibility with the adjacent Eaglebend neighborhood were expressed for height and/or density changes. The potential impacts of these proposed changes should be reviewed carefully in the context of neighboring development and future potential development within the PUD. (iii) The PUD rezoning is consistent with the Avon Comprehensive Plan, the purposes of this Development Code and the eligibility criteria outlined in Subsection 7.16.060(b); Staff Response: This PUD amendment is in alignment and conforms to both the recently updated Avon Comprehensive Plan, and the Avon Community Housing Plan and does not affect how the Village (at Avon) PUD is currently captured in these documents. The amendment also is in alignment with the purposes of the development code, as Community Housing is supported within the AMC. Advancing the right to construct Community Housing on existing Town property, and property deeded by Traer Creek, could accelerate the inclusion of additional locals-only housing stock in central valley floor locations. The PUD Guide and CARADA require the Town to use the 1996 Comprehensive Plan. The 1996 Comprehensive Plan includes very brief language specific to the Village (at Avon) [formerly referred to as the Stolport] which does not provide any meaningful guidance for consideration with the requested PUD amendments. Housing policies in the 1996 Avon Comprehensive Plan seek to add attainable workforce housing for all new development, regardless of the size of development. The Vested Rights Extension application acknowledges the initial housing commitment for Buffalo Ridge in 2001-2002, but does not propose advancing additional housing strategies as part of the extension. Other general goals and policy areas of the 1996 Comprehensive Plan are relevant, especially with regard to housing. Section C of the Comprehensive Plan includes these supporting statements, reinforcing some of the PUD Amendments: Goal C2 Provide for affordable housing for permanent and seasonal residents that is attractive, safe and integrated with the community. Policy C2.2 Wherever possible, affordable housing will be integrated with, rather than be separate from, the rest of the community. Policy C2.3 Affordable housing that is assisted by or required by the Town, will include provisions for maintaining affordability. Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 8 of 18 Examples include rent and resale price limits, as currently exist in the Wildwood Townhomes development. Policy C2.4 The Town will encourage, and the extent practical, participate in the development of affordable housing. (iv) Facilities and services (including roads and transportation, water, gas, electric, police and fire protection and sewage and waste disposal, as applicable) will be available to serve the subject property while maintaining adequate levels of service to existing development; Staff Response: This PUD amendment will not impact the infrastructure serving existing parcels and planning areas. Town staff has been working collaboratively with Traer Creek on the overall valley floor road network, including two new roundabouts on East Beaver Creek Boulevard. As part of the overall planning process, the corresponding utility network has been coordinated with applicable providers, including water and sewer. Town staff is currently working with other utility providers on masterplan-level infrastructure in the valley floor and on the north side of Interstate 70 in PA-J. Individual projects require utility verifications as is typical with new construction. The Town is actively working to extend and utilize the raw water system for exterior irrigation of landscaping in public ways and other projects, as available. Increasing density from 18 dwelling units to 40 dwelling units in PA-C and PA-D does not change the overall density of the development. The valley floor is well-equipped to handle this density with multiple East-West roads, multi-use paths, and transit infrastructure. It should be noted that the PA-A, PA-C, and PA-D areas are in the valley floor adjacent to “Town Core” and Town Center zoning, where density limitations have been eliminated. I have found that minimum parking regulations and topography, not density caps, are the predominant limiting factor to building density on properties. A detailed trip generation analysis was provided to the Town in November 2024. The purpose of the study was to compare trip generation from the original 1998 study to existing and proposed development in the valley floor. The previous (1998) road layout included one major east-west roadway to connect from Avon Road to Post Boulevard. The current plan includes two east-west roadways. Trip generation decreases by approximately 30% with the currently planned land uses. (v) Compared to the underlying zoning, the PUD rezoning is not likely to result in significant adverse impacts upon the natural environment, including air, water, noise, storm water management, wildlife and vegetation, or such impacts will be substantially mitigated; Staff Response: This PUD amendment will not result in physical development, rather; it is the first step before development design may occur. Importantly, the Village (at Avon) has already been through the required analysis for environmental impacts and mitigation thereof during that entitlement process, and these parcels have been deemed buildable. Through the development process, all impacts directly related to the construction of an Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 9 of 18 apartment complex, childcare facility, retail, and housing will be evaluated through these specific designs. Storm water management at the PUD level is being coordinated and closely reviewed by the Engineering Department and the Town’s contracted subconsultant team. (vi) Compared to the underlying zoning, the PUD rezoning is not likely to result in significant adverse impacts upon other property in the vicinity of the subject tract; and Staff Response: In general, the proposed PUD amendments will not reduce the development potential of any other parcel in the VAA PUD. The amendments result in focusing development on areas that are served and/or serviced by existing utilities and infrastructure. Common impacts to consider (as cited above in criteria vi.) with all zoning amendment applications include traffic, change of character, and intensity of use. The application seeks to increase density and building height in PA-A, PA-C, and PA-D. Changing density from 18 dwelling units to 40 dwelling units provides the opportunity and right to build more units in areas that are served by existing infrastructure. It is unlikely that a project with 40 dwelling units per acre could be constructed and still meet other development parameters (primarily parking), however, project types continue to evolve based on demand and smaller units may become more desired in the future. In the Town Center (TC) zone district the historical density limitation of 30 dwelling units per acre was removed in order to recognize that other limitations (e.g. water availability, parking, setbacks) would govern intensity of use. The PUD Guide currently includes a unique definition for calculating building height. Building Height means the distance measured vertically from the reference elevation (defined below) to the top of a flat roof or mansard roof or to the highest ridgeline of a sloping roof (also referred to as the parallel slope method and depicted by diagram in Section 7.08.010 of the Development Code, as in effect on the Effective Date), but excluding from the calculation of Building Height any non-habitable Architectural Projections. The “reference elevation” shall be: (i) within Planning Areas I, K, RMF-1 and RMF-2, the Natural Grade (ii) within the portions of Planning Areas A, D and E located less than 250 feet from the southerly boundary of such Planning Areas, the existing grade as exists on the date of execution of the Settlement Term Sheet (iii) within the portions of Planning Areas A, D and E located 250 feet or more from the southerly boundary of such Planning Areas, and within all other Planning Areas, the Finished Grade “Natural Grade” is defined as, “…the elevation of the ground surface in its natural state, before man-made alterations.” I speculate that “Natural Grade” was chosen as the “reference”, or datum, basis to calculate height in PA-A, PA-D, and PA-E along the Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 10 of 18 southerly boundary because of expressed height concerns and the desire to provide surety with potential future development. It is impossible to know what the ground surface would be in its natural state because of changes over the last several years. East Beaver Creek Boulevard has been partially constructed. Grading work is also currently taking place on the property. A new term “Engineered Grade” was decided upon as the new reference moving forward because the engineered grading plans for new road construction in the vicinity of PA-A and PA-D present a practicable standard that provides functional public improvements on one hand and also provides surety with the potential development. (vii) Future uses on the subject tract will be compatible in scale with uses or potential future uses on other properties in the vicinity of the subject tract. Staff Response: Even with modifications to the proposed building heights, the scale and character of the proposed development should be compatible. The PUD has always limited building heights for the southern portion of the valley floor between East Beaver Creek Boulevard and the railroad tracks. The intent is to taper the building height as it approaches the EagleBend neighborhood to the south. The maximum building height is 55’ for PA-A. A setback for 55’ building height was originally (1998) defined for areas south of Beaver Creek Boulevard, and 80’ maximum height in PA-A in the area north of East Beaver Creek Boulevard. Due to changes in the roadway layout, the building setback line was changed to 250’ from the railroad tracks. The current amendments propose to increase the maximum building height to 60’ by special review use permit for heights in excess of 55’. The special review use permit requires public notification and public hearing with PZC. Current PUD Map and 250’ building setback Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 11 of 18 The proposed CH-1 Planning Area is composed of a portion of PA-D and a portion of PA- E. The current maximum building height is 48’ for PA-D and 35’ for PA-E. If approved, the maximum building height of a Community Housing project on CH-1 would be 48’ from the height of the existing topography today. The scale of a housing project on this site must be reviewed carefully; the adjacent building heights for buildings along the south side of the railroad tracks are generally not more than 30’-35’. The railroad tracks, setbacks and easements would create an approximate 130’ buffer between structures on either side of the tracks. The following recommended findings for consideration by Council when taking action on the PUD Amendment Application: GENERAL FINDINGS PURSUANT TO AMC §7.16.020, General Procedures and Requirements: 1. The application is complete and provides sufficient information for PZC to determine that the development application complies with the review criteria. 2. The application complies with the goals and policies of the Avon Comprehensive Plan as documented within the staff report; and 3. Demand for public services does not increase as the overall development standards, including overall density, does not change. PUD FINDINGS PURSUANT TO AMC §7.16.060, Planned Unit Development (PUD): 1. The PUD amendment confers a benefit to the Town by dedication of Lot 8 and permitting additional Community Housing units on Town properties, 2. The PUD amendment promotes public health, safety and general welfare, in preparing the subject planning areas to recognize Community Housing units dedicated to our essential workforce. 3. The PUD amendment is consistent with the Avon Comprehensive Plan and the purposes of the Development Code. 4. Facilities and services (including roads and transportation, water, gas, electricity, police and fire protection and sewage and waste disposal, as applicable) are available to serve the subject property while maintaining adequate levels of service to existing development. 5. The PUD amendment will not result in significant adverse impacts upon the natural environment, including air, water, noise, storm water management, wildlife and vegetation, as such impacts have been substantially mitigated through the development of the overall Village (at Avon) PUD. 6. The PUD amendment will not result in significant adverse impacts upon other property in the vicinity as the potential future buildings on PA-A, PA-D, and CH-1 will be buffered by a horizontal distance ranging from not less than 130’- 270’ from existing structures to the south; and 7. Future uses on PA-D and proposed CH-1 will be primarily residential and compatible with existing established residential development on Eaglebend Drive. PUD AMENDMENT FINDINGS Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 12 of 18 Avon’s vested property right regulations are in general alignment with state statute. An Ordinance and site “specific development plan” are required to establish vesting and extend. The PUD Guide and PUD Master Plan constitute the site specific development plan requirement. Similar to state statute, vested rights are generally established for a three (3) year period unless a development agreement accompanies the request and stipulates a longer timeframe. While vested rights periods greater than three (3) years have been granted in the past, periods greater than 15-30 years is unique to the Village. Avon has approved the following Vested Property Rights besides the Village (at Avon). 1. Sheraton Mountain Vista: Vested Property Rights granted in 2000, 4 years for 1st phase, 8 years for 2nd phase, 12 years for 3rd phase. 1st phase was built, vested property rights expired without any extensions. 2. Riverfront Planned Unit Development: 12 years of Vested Property Rights approved in 2006. A 4 year extension was granted for Lots 4-7 in 2017. In 2019 a 3 year extension was granted for Phase 1 and 4 year extension was granted for Phase 2 of the Lot 1 development. The entire project should be fully developed by the end of this year. 3. Base Camp (formerly Red Housing) Planned Unit Development: 7 years of Vested Property Rights approved in 2009. Project was fully developed in 2021 (2nd phase was developed after expiration of Vested Property Rights). The Village (at Avon) Annexation and Development Agreement was originally approved on October 30, 1998 and provided a thirty-five year vested right until 2033. The original approvals included the agreement to refrain from collecting certain taxes. The CARADA was approved on October 22, 2013, which approved an additional six (6) year extension of the Vested Property Rights until October 21, 2039. A full economic analysis of tax credits and fees is attached to highlight public improvement projects and the status of finances. In order to extend the vested rights terms further than 2039, a list of considerations are required. The following commentary pertains to how this Vested Property Rights conforms with the Guidelines established in AMC §7.16.140(e)(2). The guidelines in this Paragraph 7.16.140(e)(2) shall be considered when determining whether to grant vested property rights for a period greater than three (3) years, provided that site specific development plans that are granted vested property rights for a period greater than three (3) years because of the size, phasing or absorption rate of such site specific development plan should have separate vesting created for the various phases of the development, as set forth in Paragraph 7.16.140(e)(4). It shall be the burden of the applicant to propose appropriate reasons for granting a vested property right that is greater than three (3) years. Guidelines to consider this extension request: VESTED PROPERTY RIGHTS EXTENSION Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 13 of 18 (i) The size and phasing of the development, specifically, but not limited to, whether the development can be reasonably completed within the vested rights period; Staff Response: The original vested rights term (35 years) and extension (6 years) considered market disruptions and the settlement period where development stalled from 2008-2014. All current development activities are taking place on the valley floor in Planning Area A, Planning Area E, and north of the interstate on Planning Area J. The “Mountainside” area has been analyzed for access with an exploratory road and borings in the past, however, there has never been a concerted effort to pursue development. The Mountainside is currently not served by water or sewer service due to the elevation above existing water tank. The Town of Avon, Traer Creek, and the Eagle River Water and Sanitation district are working on a preliminary design and feasibility study of additional water tank(s) at higher elevations to serve development in the Mountainside and other projects in the vicinity. The water tank(s) would also serve the East Avon Preserve and other private property on the north side of the Eagle River across from Eagle-Vail. It is unlikely to see completed development of the Mountainside by 2039 based on the time to plan, fund, and construct the necessary water and sewer improvements. (ii) Economic cycles and specifically but not limited to resort community economic cycles, regional and state economic cycles and national economic cycles; Staff Response: The Great Recession in 2009/2010 was the most impactful economic cycle to the development investment since 1998. The Great Recession for the most part overlapped with the Town of Avon versus Traer Creek lawsuit from 2008- 2014. The settlement in the lawsuit included a six-year extension of the Vested Property Rights from 2033 to 2039. This guideline does not support granting an extension, although adverse economic cycles could occur during the remaining 14 years of the Vested Property Rights and beyond. (iii) Market conditions and specifically but not limited to absorption rates for leasing and sales of similar development projects; Staff Response: The market for mountain properties in the valley has historically remained high, despite interruptions in the broader marketplace. Similar developments to PA-K (e.g. Mountain Star, Cordillera Summit) have taken 30+ years to fully develop. It is undetermined whether the market could absorb residential development in the Mountainside area. (iv) Compliance with the Avon Comprehensive Plan and other community planning documents; Staff Response: The Village PUD and CARADA require the Town to use the 1996 Comprehensive Plan for review of compliance with the Avon Comprehensive Plan. The 1996 Comprehensive Plan includes very brief language specific to the Village (at Avon) [formerly referred to as the Stolport] which does not provide any meaningful guidance for consideration of extension of Vested Property Rights. Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 14 of 18 (v) Proposed public amenities and benefits that enhance the project and the overall attractiveness of the Avon community, including the degree to which such public amenities and benefits are defined in terms of design, timeframe and phasing with development; Staff Response: The Village (at Avon) PUD envisions that the majority of the Mountainside would remain undeveloped and open space. This is largely due to the steep topography leading up the hillside to the developable portions. Traer Creek is not directly proposing any other public amenities with the application for this area. The primary public benefit that could be achieved in the Mountainside area would be public access from Planning Area P3 (community park) to United States Forest Service trails to the north of the development. I recommend that a soft surface trail corridor be designed and platted as part of any future subdivision process for PA-K and/or RMF-1. (vi) Projected public financial benefits or costs estimated to be caused by the development project, including the timeframe for realization by the Town or other public entities and potential costs for operation and maintenance of any new public amenities or infrastructure dedicated to the Town or other public entities; Staff Response: The development of new projects in the Village will benefit the Town of Avon such that more development occurring sooner will directly create more financial benefit for the Town of Avon. The extension of Vested Property Rights does not inherently create any financial benefits on its own. The Town’s Chief Financial Officer has modeled the financial benefits and costs for operation and maintenance of public amenities (e.g. PA-B park). The attached Memorandum from Paul Redmond (“Attachment D”) provides a snapshot of the current credit Public Improvement Fee (PIF) cap, revenues, and projects in the valley floor. If a road and water utilities are extended into the Mountainside area they will be at the expense of Traer Creek and independent of the attached modeling. Extending rights to the Mountainside would continue to focus public infrastructure and investment in private development in Planning Areas A, B, C, D and J. (vii) The breadth and scope of the requested vested property right, including but not limited to the extent to which such vested property right restricts the Town's ability to apply future legislatively adopted fees and regulations for the purpose of providing public infrastructure, public services and public facilities and for the purpose of meeting evolving community needs; Staff Response: The extension of the existing Vested Property Rights for the Mountainside area is a limited scope. It is difficult to determine how development of the Mountainside would vary if subject to current or future Town regulations. All future building codes except for the cul-de-sac requirements contained in the International Fire Code would apply. (viii) The terms of any existing site specific development plans with development agreements for the applicant's property that specify the duration of vested property rights; Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 15 of 18 Staff Response: The existing Vested Property Rights expire at the end of 2039. At the time of vested rights expiration, the PUD Guide and PUD Plan map would continue to be supportive of future development. However, the PUD Guide should be updated in 2039 to eliminate AMC exceptions, modernize language, and ensure that development is in sync with the document.. (ix) Any proposed modifications to previously approved vested property rights to address changed conditions within the Avon community, compliance with the Comprehensive Plan and other community planning documents or performance of previously approved site specific development plans; and Staff Response: The corresponding PUD Amendments and CARADA amendment addresses changed conditions. Traer Creek has not proposed any additional modifications to the existing entitlement documents. (x) Any other factors deemed relevant by the Council when determining to grant a vested property right for a period greater than three (3) years. Staff Response: I expect additional considerations may become apparent through the review process. The very nature of Vested Property Rights is a decision by Council today, which restricts the discretion of a future Council. At the PZC meetings there was some general concern with the extension of a 280 unit density allowance for a single point of access to PA-K/RMF-1. The Commission wanted to learn how the extension of this provision could impact safety (e.g. wildfire danger, evacuations) in a mountain side community. Appendix D of the International Fire Code limits single-route access to developments over 200 Dwelling Units. Appendix D originated to provide safe access for fire apparatus to protect structures. In addition to limiting the number of dwelling units, Appendix D includes width, vertical clearance, and turnaround requirements. Section I.13 of the PUD Guide deals with the relationship between Eagle River Fire Protection District requirements and the Town’s adopted standards. The section states: Residential Fire Suppression Systems. All single-family and multi-family residential structures constructed in Planning Area RMF-1 and in Planning Area K shall include fire suppression systems as required by applicable Eagle River Fire Protection District regulations, as may be amended from time to time and applied on a uniform and nondiscriminatory basis within the Town. With Respect to Planning Area RMF-1 and Planning Area K, the Town may enforce the applicable Eagle River Fire Protection District regulations but may not adopt or apply any residential fire suppression system regulations which are more stringent or inconsistent with residential fire suppressions system regulations adopted by the Eagle River Fire Protection District for Planning Area RMF-1 and Planning Area K. I met with Eagle River Fire Protection District staff to discuss the proposal for extending the right to development 280 Dwelling Units on the Mountainside. Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 16 of 18 As noted above, the Town of Avon adopted the IWUI in 2015. The IWUI includes defensible space requirements to further protect roadways and structures that are located in areas such as the “Mountainside”. The Eagle County Wildfire hazard map rates the Mountainside area as Moderate. A more site-specific wildfire analysis would be conducted at the time of subdivision. Eagle County Wildfire Hazard Rating Map The following findings were suggested by PZC, and are being provided for consideration by Council: (i) The magnitude of public infrastructure necessary to access and develop the Mountainside is beyond current means due to the present focus of highly impactful projects currently being developed in the valley floor elsewhere in the PUD. (ii) Full development of the Mountainside in the current vested property rights term is implausible due to the type and location of the planned development. (iii) The scope of the Vested Property Rights is limited to areas that are inherently difficult to service, and do not contribute to the public benefits associated with other commercial and mixed-use development that would present measurable and tangible public benefits. The attached (DRAFT) Record of Decision for Council, Exhibit C to Ordinance 26-02, takes a slightly different approach to the Vested Rights Extension request. The Record of Decision speaks to the extent of public infrastructure either existing or current underway in the valley floor. Extending rights in the Mountainside, and supporting valley floor buildout adjacent to existing infrastructure is an efficient pattern of development for the foreseeable future. VESTED PROPERTY RIGHTS FINDINGS Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 17 of 18 The Council may continue the public hearing on its own initiative for a maximum of sixty-five (65) days after the date of the initial public hearing (AMC §7.16.020(d)(e)). The Council will act on the two applications concurrently. If additional application materials are desired by the Council to determine compliance with the criteria, additional information can be required. According to AMC §7.16.020(f)(2): Authority to Require Additional Studies: “If the reviewing authority finds that the submittal materials are not adequate to evaluate the development against the review criteria, it may require additional studies as necessary. In doing so, the reviewing authority shall indicate the specific consequences or concerns for which the standard submittal requirements fail to provide adequate means of evaluation and the data or information needed for proper evaluation.” The Council can also add specific conditions as part of the action. The attached Ordinance and draft Record of Decision carry forward PZC recommended conditions. The AMC §7.16.020(f)(4), Conditions, reads: “The reviewing authority may recommend approval or may approve a development application with conditions where such conditions are deemed necessary to ensure compliance with the applicable review criteria and the purpose and intent of this Development Code. Conditions shall be in written form and attached to the approved plan, plat or permit. Conditions may include specific time limits for performance of any condition. Conditions may include financial performance guarantees from the applicant where the condition requires improvements for mitigation, where deemed necessary to public health, safety or welfare or where deemed necessary to protect adjacent property or public infrastructure. Financial performance guarantees shall be in the form of an agreement which is acceptable to the Town and shall be executed by the applicant.” OPTIONS: Council has the following options: • Continue Public Hearing to future Public Hearing date. • Approve 1st Reading of Ordinance 26-02 as Drafted • Approve 1st Reading of Ordinance 26-02, with direction to modify conditions. • Direct Staff to prepare Record of Decision for denial. RECOMMENDATION: I recommend that Council come to the meeting with questions prepared and take public comment into account before any action. If additional information is needed, the applications may be continued to a future date in accordance with AMC §7.16.020(e) Public Hearings. Staff found the applications generally in conformance with the review criteria as documented in this report. If Council is in COUNCIL ACTION - OPTIONS Village (at Avon) PUD Amendment & Vested Property Rights January 8, 2026 Page 18 of 18 concurrence with the PZC recommendations, Ordinance 26-02 is included for consideration. Optional motions for continuance are also included for convenience. RECOMMENDED MOTIONS (Optional): “I move to continue the applications to , 2026 with direction for additional materials to include _______________.” Or “I move to approve Ordinance 26-02 on first reading, setting forth a second reading and public hearing date of ________________, 2026.” Thank you, Matt ATTACHMENT A: Application Narrative ATTACHMENT B: Ordinance 26-02 Exhibit A – Findings of Fact and Record of Decision Exhibit B – Restated PUD Guide Exhibit C – First Amended CARADA ATTACHMENT C: Public Comments ATTACHMENT D: Financial Status of Village (at Avon) PUD Amendment & Vesting Extension V ILLAGE (AT A VON) October 2025 ATTACHMENT A TEAM DIRECTORY Ownership: Marcus Lindholm Traer Creek LLC 970.390.8651 marcuslindholm@TraerCreek.com Michael Lindholm Traer Creek LLC 970.390.8619 michaellindholm@TraerCreek.com Market Analysis: Richard Gollis The Concord Group 949.717.6450 rmg@theconcordgroup.com Entitlements: Dominic Mauriello Mauriello Planning Group, LLC 970.376.3318 dominic@mpgvail.com Allison Kent Mauriello Planning Group, LLC 970.390.8530 allison@mpgvail.com Legal: Munsey Ayers Otten Johnson Robinson Neff & Ragonetti PC 303.575.7555 munsey@ottenjohnson.com Outreach and Communications: Kristin Kenney Williams Commfluent 970.390.0062 kristin@commfluent.com Architecture: Harvey Robertson RMT Architects, PC 800.587.7058 harvey@rmtarchitects.com Page of 2 23 ATTACHMENT A SUMMARY OF A MENDMENTS PUD Amendment Item Description Team Planning Area E (Lot 3) Planning Area D (Lot 8) Rezone portions of PAE and PAD to CH-1. Traer conveys Lot 8 to TOA, which shall be included in CH-1. This will allow 36 AMI restricted for sale DU with a building height of 48’. Modified setbacks to allow flexibility. Domestic water service to DUs from water bank, will count towards total PUD requirement for Community Housing. TOA Public Facility-1 (Lot 5) Rezone this parcel to CH-2. Permit 40 AMI restricted rental DUs, increase height to 60’ / 4 floors for community housing, other provisions related to community housing, parking. Domestic water service to DUs from water bank will count towards total PUD requirement for Community Housing. Additional restrictions to prevent parking on adjacent private commercial land. TOA PUD Community Housing Standards Modify Affordable Housing in Section I to a new Community Housing section, including standards of up to 120% AMI rental and up to 140% AMI ownership. Also allows for 85 units of Community Housing obligation to be resident occupied. Allows for an exemption on income levels for Town employees for 14 months. Allow Community Housing in PAA, PAK. TOA Maximum DU on cul-de- sac International Fire Code could be interpreted to restrict to 200 DUs on cul-de-sac, PUD allows 280 DUs on cul-de- sac. Clarification to PUD Guide for current allowance of 280 DUs (PAI, PAJ, PAK, RMF1). Traer Creek Planning Area D and Planning Area C Allow 40 DU per acre, increase max building height to 60’ (5 stories), beyond 250’ of southern border up to 74’ (6 Stories) as special review use. Traer Creek Planning Area J Front setback change from 20’ to 10’, building height of 60’ and 5 stories for residential uses.Traer Creek Short Term Rental Added as use by right in certain planning areas including corresponding Town parking requirements. TOA to collect PIF. TOA Traer Creek Planning Area A Remove commercial floor area min. and max. limitations. Within 250’ of the southern boundary line, building height increase from 55’ to 60’ with a SRU. Beyond the 250’ line an increase in building height from 80’ to 110’ for residential uses as an SRU. TOA Traer Creek Vested Rights Extension of vested rights for PAK, RMF1, Block 3-PAJ (all north of I-70).Traer Creek Page of 3 23 ATTACHMENT A Additional items within the PUD Guide have been amended to clean up technical items that are not substantive. These are red-lined in the draft, but have not been summarized within this narrative. Page of 4 23 ATTACHMENT A INTRODUCTION The Town of Avon (“TOA”) and Traer Creek (“TC”) have been working cooperatively on a series of amendments to the Village (at Avon) PUD. The application to amend the PUD with the TOA was originally submitted in March of 2024. TC and the TOA have spent the last year working through numerous issues that have come out of discussions related to the original amendment and new issues brought forward by the TOA staff and TC. The proposed application represents a true jointly developed amendment with both staff and the applicant in agreement on the details. The original Village (at Avon) PUD was adopted in 1998, and has been amended numerous times, with the most recent amendment approved September 11, 2018. The PUD allows for a total of 2,400 dwelling units (including community housing units) and 825,000 sq. ft. of commercial space. The PUD also provides a Community Housing Plan, which outlines the triggers for the provision of Community Housing based on the completion of various levels of development. Currently, 244 Community Housing units have already been constructed within the Village (at Avon). Traer Creek’s proposed PUD amendments are described in the table summary above and again here: •The International Fire Code limits the number of units on a cul-de-sac to 200 dwelling units. The PUD already allows for 280 dwelling units on a cul-de-sac, but clarity is provided to ensure that this allowance remains into the future. •In Planning Areas C and D increase building height from 48 ft. to 60 ft limited to 5 stories. Any building beyond 250 ft of southern boundary of the PUD may request up to 74 ft. (and 6 stories) in height by Special Review Use. •Increase density on Planning Areas C and D from 18 units to 40 units per acre. This density change does not affect the 2,400 unit cap. •In Planning Area A, allow for a maximum building height of 60 ft. (currently allows for 55 ft.) for areas located less than 250 ft. from southerly boundary line by special review use; and allow for a maximum building height of 110 ft. (currently allows for 80 ft.) by special review use for residential and hotel uses located more than 250 ft. from the southerly boundary line. •In Planning Area A, eliminate the minimum and maximum percentages of residential and commercial floor area. •In Planning Area J, modify front setback requirement from 20 ft. to 10 ft. and modify height to 60 ft. and a maximum of 5 stories for residential uses and vertically-integrated mixed use projects. •Added short-term rental in certain Planning Areas, based on Town’s requirements for short- term rentals. •Provided clarification on existing and engineered grade to create an objective datum. This submittal also covers an extension of vesting of “mountain side” parcels, which is not a PUD Amendment, but instead a change to the Development Agreement. •The PUD is currently vested for 15 more years, to 2039. We are requesting an extension of vested rights as described below: ‣Planning Areas K, RMF1, and Block 3 of Planning Area J for an additional 20 years, to 2059. Page of 5 23 ATTACHMENT A The TOA’s proposed amendments are addressed in a separate submittal narrative, but include the following: •Planning Areas E and D - PAE (Lot 3) PAD (Lot 8) - Lot 3 is currently within PAE and is identified as a school site. Lot 8 is currently part of Planning Area D (PAD). A portion of PAE is proposed to be rezoned to a new CH-1 Community Housing District. A density of 36 DUs would be allowed. As currently proposed by this amendment, CH1 will allow for the site to be used for community housing. An increase in the allowable height from 35 ft. to 48 ft. is proposed for community housing. These 36 DUs are counted towards the total 2,400 density allowance and will count toward the Community Housing obligation. •Public Facility 1 - PF1 (Lot 5) - PF1 is proposed to be rezoned to CH-2 and restricted to 40 rental AMI restricted DUs. These 40 DUs are counted towards the total 2,400 density allowance and will count toward the Community Housing obligation. An increase in the allowable height from 35 ft. to 60 ft. and 4-stories is proposed for Community Housing. •PUD Community Housing Standards - Adding Community Housing standards stating that Community Housing units can serve up to 120% AMI for rental and up to 140% AMI for ownership. A provision allowing for RO (resident occupied housing) is also included. This includes a change in terminology from “Affordable Housing” to “Community Housing” to closer align with the TOA’s nomenclature. 85 units of Community Housing are allowed to be Resident Occupied. •All Planning Areas allowed to participate in the development bonus provisions included in the Avon Municipal Code In addition and to supplement the proposed PUD amendments, there are various agreements between TC and the TOA that also require updates and amendments. These have been submitted under separate cover. Page of 6 23 Traer Creek density and height PUD amendment request Traer Creek Vesting Extension request of 20 years Front setback and height PUD amendment request Traer Creed height PUD amendment request ATTACHMENT A BACKGROUND TC was named after a small creek on the north side of I-70 east of what has become Traer Creek Plaza. Founded by Oscar Traer in 1891, he rode with another local rancher to Central City to "prove up" their respective claims under the federal Homestead Act. Located on an 1,800-acre mixed-use land parcel in the heart of the Vail Valley between Eagle-Vail and Avon and just west of Vail Village. The Village (at Avon) property was purchased from Bill Nottingham in 1992 and annexed into the TOA in 1998. TC is committed to community oriented, environmentally focused and aesthetically pleasing projects. Core goals of Traer Creek are to instill a sense of pride in the community and lower the cost of living in the Vail Valley. The Village (at Avon) is a large Planned Unit Development (PUD), approved for up to 2,400 homes and 825,000 square feet of commercial space. Annexed into the TOA the land stretches from the east end of Chapel Square to Traer Creek Plaza, Wal-Mart and Home Depot, to the newly-constructed, Marriott-branded hotels and Maverik convenience store and gas station, to parcels north of I-70. To date, 354,983 square feet of commercial space, 243 hotel rooms, and 484 apartments, including 244 community housing apartments, have been built. In addition, roughly $70 million in public infrastructure was constructed in connection with the initial phases, including a new I-70 diamond interchange exit, Post Boulevard, six roundabouts, a Union Pacific Railroad underpass, and other public infrastructure. The Village (at Avon) has more than $80 million in infrastructure investment by the Traer Creek Metropolitan District (with financing provided by Traer Creek), with more to come. To summarize contributions made: •Recognizing the importance of providing Community Housing, Traer Creek is the only landowner in Avon who has met and exceeded its obligations for Community Housing in the first phase of development. Buffalo Ridge was constructed and opened in 2003, with 244 Community Housing units – 144 more units than required by the PUD in the first phase of development. •A recycling site was provided to Eagle Valley Alliance free of charge to create a neighborhood recycling program (now located at the TOA’s Lot 5). •Traer Creek kept Wal-Mart in Avon (and its tax revenues versus going to a down-valley location) as well as brought Home Depot into the project area (both stores opened in 2003.) Both stores are helping significantly with lowering the costs of living and construction in the Vail Valley. As part of the Wal-Mart relocation, Traer Creek filled the former Wal-Mart building by completing complex leases with Sports Authority, Office Depot and Pier 1 and then later with Sun and Ski, Appliance Factory and Mattress Kingdom. •Traer Creek brought a forward-thinking environmental-friendliness to Avon. Traer Creek Plaza, which opened in 2006, was the first LEED-certified mixed-use commercial building in Eagle County, and it inspired other projects to follow suit, including the Westin and Traer Creek Ambulance Response Station. Page of 7 23 ATTACHMENT A •The Plaza building, Wal-Mart and Home Depot have award-winning architecture designed by the world-renowned and late Arthur Erickson, enhancing Avon’s attractiveness. •Financing the construction of a 2-million-gallon water tank by the District for the water authority’s operation, which is now online and operational, providing a region wide benefit, including for fire suppression. •Further financial benefits to the TOA by way of the Village include about $250,000 annually in property tax, and $400,000 for an asphalt overlay contribution. •The District, funding meaningful infrastructure projects, is in a healthy financial situation; the outstanding debt of the District was refinanced in 2020 at a lower interest rate with a favorable principal amortization schedule. •The construction of the I-70 interchange Exit 168 in the first phase of development, which fundamentally improved traffic congestion on Avon Road. •TC donated to Eagle County Health Services District a site by I-70 for an emergency response ambulance facility, which has cut emergency response times for anyone experiencing a life-threatening emergency in the neighboring community, including in Avon. Following is a summary list of Traer Creek or District obligations under the Annexation and Development Agreement, as amended, including the Consolidated, Amended and Restated Annexation and Development Agreement, and the PUD Guide: 1.Exit 168 was funded and completed by the District on time and at no cost to the TOA in the first phase of development; 2.The Highway 6 connector road (Post Blvd.), including water and sewer utilities, a bridge and railroad underpass, was completed on time and at no cost to the TOA by the District; 3.East Avon and Chapel Place cash contribution obligations (satisfied by the District) and for public improvement include $2 million and $100,000, respectively; 4.East Beaver Creek Blvd. improvements by the District completed in phases on time and at no cost to the TOA; 5.The District funded and built Swift Gulch Road on time and at no cost to the TOA; 6.TC had an obligation to convey four buildable acres to the TOA for a public works facility that included a fire station. Ultimately, Traer Creek agreed to convey a four-acre site to the TOA for a public works facility, as well as an additional 1.231-acre site for a fire station to Eagle River Fire Protection District. These parcels were conveyed on time and at no cost to the TOA. In connection with the current proposed PUD Amendment, TC is agreeing to expand the use on the TOA’s parcel, also known as “Lot 5,” to include community housing. 7.While not obligated, TC dedicated, at no cost, just over half an acre of turn-key land next to I-70 exit 168 to Eagle County Health Service District. The conveyance resulted in reduced response times to the center of Avon, Minturn and EagleVail; any reduction in response times, even just some seconds, can mean the difference between life and death. 8.TC reimbursed the TOA $50,000 for all third-party consultant fees to review the Annexation Agreement. 9.TC was obligated to convey land or cash-in-lieu to Eagle County School District, however, the school district stated that is does not anticipate needing a school site in the foreseeable future. As opposed to never receiving a school site, Traer Creek conveyed, at no cost to the TOA, 3.536 acres across from the Piedmont Apartments with access to all needed utilities on the valley floor. This parcel is part of the current proposed PUD Amendment that would allow for an early childcare facility and community housing. In the future, TC is further committed to convey an additional 3.764 acres within Planning Area I. Page of 8 23 ATTACHMENT A 10.The District paid the Town $200,000 on time for the Highway 6 recreational trail. 11.The TOA receives a 4% sales tax on the combined 4.75% retail sales fee and add on retail sales fee revenues collected from Village retailers (effectively creating a 0.19% tax on retail sales within the Village). Additionally, the TOA receives the 0.75% add on retail sales fee revenues. Lastly, Eagle County remits to the TOA a 0.15% sales tax rebate from Eagle County tax revenues from retail sales within the Village. As such, the TOA effectively receives a total of 1.09% in sales fee and tax revenues on sales within the Village. To date, assuming $130 million in annual retail sales and property taxes, the TOA has collected about $25 million. 12.While not obligated to do so, Traer Creek, from 2002-2006, advanced about $10.5 million, plus interest, to cover District responsibilities for upfront public improvements required by the TOA as well as sales tax shortfall and municipal services. 13.Planning Area B, a Public Park area, was conveyed to the TOA to allow for parkland construction. Previously, the planned park area was to be financed by the District. Planning Area B will be designed by the TOA in close coordination with Traer Creek for Planning Area A. 14.TC has built a two-acre pocket park between Wal-Mart and Home Depot. Additional pocket parks and bike trails are obligated by future triggers. 15.TC paid $80,000 a year between 2015 and 2019 for asphalt overlay. 16.TC, with no obligation to do so, also paid about $85,000 for landscaping (and replacement of trees due to poor performance of the tree vendor) to further screen areas south of the railroad right-of-way. 17.At the request of the TOA but under no obligation to do so, in 2023, the District completed East Beaver Creek Blvd Extension Phase II. Page of 9 23 ATTACHMENT A CURRENT STATUS OF DEVELOPMENT The Village (at Avon) is an 1,800-acre entitled mixed-use project that includes retail, housing, open space and community infrastructure with thoughtful and sustainable design. Today The Village (at Avon) includes: •Traer Creek Plaza, a LEED- certified, mixed-use commercial building with approximately 26,000 square feet of leasable retail space on the first floor and about 18,000 square feet of leasable office space on the second floor in Planning Area G (PAG). •The 244-unit Buffalo Ridge housing Community Housing complex on the north side of I-70 overlooking The Village (at Avon) and with views of Beaver Creek Mountain in Residential Multiple Family 2 (RMF-2). •The Ambulance District facility, the Fire Protection District Fire Station in Public Facility 2 (PF2). •Two valley floor parcels between Chapel Square and Traer Creek Plaza that were dedicated to the TOA for parks and educational purposes, respectively. •A Wal-Mart Supercenter and Home Depot with Tract E park between them in Planning Area H (PAH). •One parcel dedicated to the Town of Avon for a public works facility is located east of the Home Depot in PF1. •The 240 unit market rate rental apartment project known as the Piedmont in PAF and PAD. •A 243 room hotel (consisting of the Marriott’s SpringHill Suites and TownePlace Suites brands) in Planning Area J (PAJ). •Maverik gas station in PAJ. •The Bosk apartments construction is now underway and will deliver 242 market rate rental units. (PAF) •The Vail Valley Foundation is currently constructing a daycare facility on land provided by Traer Creek to the Town at no cost (PAE). The Village (at Avon) Master Design Review Board is tasked with the tracking of the current development within the Village (at Avon), which is submitted to the TOA. As of July 2025, the Village (at Avon) is developed as follows: Page of 10 23 The Piedmont at the Village (at Avon) includes 240 rental units. (Source: piedmontapts.net) ATTACHMENT A The Village (at Avon) PUD tracking of dwelling units and commercial floor area provides the following: The Village (at Avon) PUD includes a Community Housing Plan. The Plan outlines the requirements for the provision of Community Housing units, based on certain benchmarks of development. At this time, 244 Community Housing units have been provided. The remaining obligation is for an additional 256 Community Housing units once the following conditions are satisfied: •Final Certificates of Occupancy are issued for commercial space of 650,000 sq. ft. of consolidated gross square footage. Planning Area Commercial Gross SF Constructed or being constructed Dwelling Units Constructed (or being constructed) Market Rate Community A 0 0 0 B 0 0 0 C 0 0 0 D 0 71 0 E 13,590 0 0 F 0 411 0 G 44,814 0 0 H 305,744 0 0 I 0 0 0 J 4,425 81 0 K 0 0 0 RMF-1 0 0 0 RMF-2 0 0 244 TOTAL 368,573 563 244 Use Permitted by PUD Constructed (or being constructed) Remaining Commercial Gross SF 825,000 368,573 456,427 Dwelling Units 2,400 807 1,593 Page of 11 23 ATTACHMENT A •Final Certificates of Occupancy for are issued for 1,881 DUs (not including community housing units) There is then a second obligation to provide an additional 23 Community Housing units when Final Certificates of Occupancy are issued for commercial space for a total of 825,000 sq. ft. Below is an analysis of the progression made towards build-out since the original adoption of the Village (at Avon) PUD in 1998 to July 2025: Allowed Constructed (or being constructed) Percentage Commercial Gross SF 825,000 368,573 44.7% Dwelling Units 2,400 807 33.6% Market DU 1,877 563 30.0% Community DU 500 244 48.8% Page of 12 23 ATTACHMENT A CRITERIA FOR REVIEW OF PUD AMENDMENT 1.The PUD addresses a unique situation, confers a substantial benefit to the Town and/ or incorporates creative site design such that it achieves the purposes of this development Code and represents an improvement in quality over what could have been accomplished through strict application of the otherwise applicable district or development standards. Such improvements in quality may include, but are not limited to: improvements in open space provision and access; environmental protection; tree/ vegetation preservation; efficient provision of streets, roads and other utilities and services; or increased choice of living and housing environments. Applicant Analysis: The proposed amendments do not significantly change the PUD’s conformance with this criterion as the overall quality of the PUD is unchanged. Broadly, the PUD provides for a large-scale, master-planned mixed-use development. The uses, dimensional limitations and development standards, among other matters, set forth in the PUD will provide for flexibility in the development of The Village (at Avon) and will encourage innovative and coordinated development and design, consistent with Section 7.16.060 of the Development Code. The PUD provides for a mix of integrated uses and public facilities and amenities, including natural open space, community and pocket parks, trail and pedestrian connectivity, a diverse housing mix and retail and commercial services for The Village (at Avon) and the TOA as a whole. The Declaration of Master Design Review Covenants for The Village (at Avon) and The Village (at Avon) Design Review Guidelines provide for high quality design with respect to the built environment and preservation of open space and existing vegetation. The proposed amendments do not increase the overall permitted density within the Village, rather there is a reallocation to allow for more dwelling units and additional height within Planning Areas C and D to respond to the current market conditions. This furthers the goals of encouraging density on the valley floor and within established areas. The proposed additional height allowance also facilitates this goal. The proposed amendments result in more efficient use of existing streets, roads and other utilities and services, as well as increased choice of living and housing environments. The allowance for 280 units accessing off a cul-de-sac is currently imbedded in the PUD Guide, and has been established within there since the original adoption in 1998. More recent versions of the International Fire Code have adopted a standard which limits the number of units to 200. The proposed amendment to the PUD is included to note that the current standard of 280 remains in effect. The proposed application complies with this criterion. 2.The PUD rezoning will promote the public health, safety and general welfare. Applicant Analysis: The proposed amendments do not significantly change the PUD’s conformance with this criterion as the overall impacts of the PUD are unchanged. Page of 13 23 ATTACHMENT A The existing PUD was found to promote the public health, safety, and general welfare of the community and the amendments proposed do not change this overall condition. The amendments do promote this criterion by increasing the choice of living and housing environments and opportunities within the TOA without new impacts being generated since the overall density and intensity of development within the PUD is unchanged. The proposed application complies with this criterion. 3.The PUD rezoning is consistent with the Avon Comprehensive Plan, the purposes of this Development Code and the eligibility criteria outlined in Subsection 7.16.060(b). Applicant Analysis: The Avon Comprehensive Plan provides the following regarding the Village (at Avon): The Village (at Avon) District is Avon’s eastern gateway and when fully developed, it will generally be an extension of Town Center. The area is planned for commercial, residential, lodging, educational, and cultural/recreational uses. The District is characterized by high visibility from I-70, generally gentle topography, and proximity to Town Center and other highly developed areas of Eagle-Vail. The District is managed by an independent Design Review Board that reviews development applications. The Village Design Review Board refers development proposals to the Town’s Planning and Zoning Commission for comments, and not for approval, ratification, or disapproval. The Town should take an active role where possible in promoting positive development within the area. Site development elements, public design elements such as street alignments, streetscape furnishings, signage, and lighting should be coordinated between the Village (at Avon) and the Town. Planning Principles: Encourage and support development that: ‣Creates strong auto, bicycle, and pedestrian connections between Town Center via both East Beaver Creek Boulevard and Chapel Place. ‣Creates inviting public plazas, green spaces, water features, streetscapes, sidewalks, and other gathering spaces for public interaction. ‣Creates inviting retail, restaurant, and entertainment uses on the ground floor of buildings through architectural detailing that includes a human scale, display windows, appropriate lighting, and other pedestrian amenities. ‣Sites offices, lodging, and residential uses above ground floor uses. ‣Sites buildings of various sizes (but shorter than those found in the Town Center District) on the valley floor. ‣Avoids large single-use buildings set back from the street edge that are surrounded by expanses of parking. ‣Provides well-lit, pleasant pedestrian access from underground parking structures to public streets, paths, and buildings. Page of 14 23 ATTACHMENT A ‣Provides shared parking structures and parking districts to accommodate vehicles without large expanses of ground level parking. ‣Screens regional commercial uses from I-70 with trees and berms to create a suitable gateway to the Town. ‣Protects view corridors, ridgelines, U.S. Forest Service lands, and steep slopes from development. ‣Landscapes properties to soften the visual impact of the structures. ‣Preserves significant cultural or heritage resources and important views. ‣Maximizes orientation to the river for connections and a riverfront park. ‣Preserves all or part of the eastern hillside for open space or park space. ‣Prioritizes eastern access on U.S. Highway 6 instead of a frontage road. ‣Creates connections and trailheads through the District that connect to USFS land. (2017 Comprehensive Plan, pg. 36) The proposed amendments allow the PUD to maintain its compliance with the Avon Comprehensive Plan because the amendments promote urban center design goals of shifting density to developed areas adjacent to commercial services. The proposed amendments will produce public benefits by allowing residential density and height to the appropriate areas. As a PUD Amendment, the eligibility criteria are not applicable to this PUD amendment. The proposed application complies with this criterion. 4.Facilities and services (including roads and transportation, water, gas, electric, police and fire protection and sewage and waste disposal, as applicable) will be available to serve the subject property while maintaining adequate levels of service to existing development. Applicant Analysis: The proposed amendments do not significantly change the PUD’s conformance with this criterion as the PUD as a whole was found to address all of the issues raised by this criterion. Since the proposed amendments do not increase the overall density and intensity of development within the PUD other than to shift more to the valley-floor where infrastructure generally exists, there are no greater impacts to the facilities and services here. The proposed application complies with this criterion. 5.Compared to the underlying zoning, the PUD rezoning is not likely to result in significant adverse impacts upon the natural environment, including air, water, noise, storm water management, wildlife and vegetation, or such impacts will be substantially mitigated. Applicant Analysis: Page of 15 23 ATTACHMENT A The proposed amendments do not significantly change the PUD’s conformance with this criterion as the PUD as a whole was found to address or mitigate all of the issues raised by this criterion. Since the proposed amendments do not increase the overall density and intensity of development within the PUD, there are no greater impacts to the issues raised here. The proposed application complies with this criterion. 6.Compared to the underlying zoning, the PUD rezoning is not likely to result in significant adverse impacts upon other property in the vicinity of the subject tract. Applicant Analysis: The proposed amendments do not significantly change the PUD’s conformance with this criterion as the PUD as a whole was found to address or mitigate impacts to property in the vicinity of the existing PUD. The following table provides a comparison of the current and proposed density and height allowances in Planning Areas A, C, and D. It is challenging to understand the effects of the height increase without visualizations demonstrating similar heights. The applicant identified buildings throughout town and Planning Staff provided the heights on-record for those buildings. This analysis provided the following: Planning Area Density Allowed (current) Density Proposed Height Allowed (current) Height Proposed PAA 25 dwelling units per acre No change 55’ within 250’ of south boundary 80’ remainder, up to 110’ as Special Review Use 60’ within 250’ of south boundary with an SRU 80’ remainder, up to 110’ as Special Review Use PAC and PAD 18 dwelling units per acre 40 dwelling units per acre 48’60’ within 250’ of south boundary (5 stories) 60’ / up to 74’ beyond 250’ as Special Review Use PAJ No change No change Single-family and duplex: 35 ft.
 Multiple-family: 48 ft.
 Mixed Use: 48 ft. Residential and Vertically- Integrated Mixed Use: 60 ft. with maximum of 5 stories Page of 16 23 ATTACHMENT A Page of 17 23 Front Gate - 60’The Piedmont - 52’ Springhill Suites - 54’1 Waterfront Way - 57.75’ The Ascent - 74’Wyndham - 80’ ATTACHMENT A These examples show that the additional height is similar to many projects throughout town and are done in a manner that create an interest and variety throughout. The height of 1 Waterfront Way is most similar to that proposed for PAC and PAD for those areas within 250 ft. of the southern boundary of the PUD. With its varying roof form and articulated facade, it does not feel overwhelming to the street or pedestrian pathways adjacent. It is adjacent to much lower homes and fits seamlessly within the overall development. The Ascent, at 74 ft., is the height proposed as a Special Review Use within PAC and PAD. Due to the distance from neighboring properties, it will have little impact on the residential neighborhood to the south. The following map shows 250 ft. from the southern boundary of the PUD. It is shown for PAA, PAC, and PAD, as anything to the north of the line requires a Special Review Use for greater height limits (PAA = up to 110 ft., PAC and PAD = up to 74 ft.) Additionally, RMT Architects has provided the following sections to graphically show the progression of allowable heights across the valley floor of the PUD. These help to put the height limits in perspective with existing buildings and improvements, and illustrates the distance from any adjacent properties: Page of 18 23 Yellow line shows the approximation of 250’ from southern boundary ATTACHMENT A The allowance for an increase in density in Planning Areas C and D does not increase the density of the PUD, which remains capped at 2,400 dwelling units. Instead, it shifts the density to the area where density is most desired and encouraged by the TOA, as evidenced in the Avon Downtown Development Authority Plan: Page of 19 23 ATTACHMENT A Planning Area C is another planned mixed-use area with 24 acres (before North Road construction) of potential development between Interstate 70 and the planned linear park system. Planning Area D includes the balance of mixed-use valley floor development potential, with 14.4 acres. This area is zoned for 18 units per acre and also includes hotel and guest accommodation possibilities, educational uses, and hospital uses. (pg. 5, Avon Downtown Development Authority Plan) Allowing additional building height in Planning Areas A, C, and D is not a change producing any type of “significant adverse impact” upon neighboring properties. The additional height is mitigated by this great distance, as well as the backdrop of the hillside and I-70. Additionally, the allowance for a Special Use Permit request for additional height for areas greater than 250 ft. from the southern border of the PUD, ensures that the larger masses will be an appropriate distance from lower buildings adjacent to the PUD. The proposed application complies with this criterion. 7.Future uses on the subject tract will be compatible in scale with uses or potential future uses on other properties in the vicinity of the subject tract. Applicant Analysis: The proposed amendments do not significantly change the PUD’s conformance with this criterion as the PUD as a whole was found to address compatibility in scale with uses on other properties within the vicinity. The change in density and building height still allows the PUD to remain compatible in scale with uses in the vicinity, as indicated in the analysis above. Additionally, the amendment to clarify maintaining the allowance of 280 units served by a cul-de-sac is consistent with other developments in the Town of Avon, such as Wildridge, which accesses over 800 dwelling units. The proposed application complies with this criterion. Page of 20 23 ATTACHMENT A GUIDELINES FOR VESTING EXTENSION The vesting extension requests are limited to Tract K, RMF1, and Block 3 of PAJ for an additional 20 years. 1.The size and phasing of the development, specifically, but not limited to, whether the development can be reasonably completed within the vested rights period. Applicant Analysis: The Village (at Avon) encompasses 1,779 acres of land within the Town of Avon. Given the timeframe to deliver off-site and on-site infrastructure and improvements, the extension of vested rights is necessary to align with the TOA’s and TC’s vision. PAK is envisioned as large lot residential while RMF1 and Block 3 (PAJ) are mid-density residential. The pace of development in this area is restricted by the need for significant infrastructure outlay including the development of a water tank to serve the entire area and a significant roadway. Additionally the design and permit process for these areas will take years to complete. There is no real economic impact to the community by allowing this area to be one of the last that is developed within the PUD. The development of this area is likely 25 years out before it can be developed and absorbed into the marketplace. Traer Creek is requesting an extension to 2059, an additional 20 years. 2.Economic cycles and specifically but not limited to resort community economic cycles, regional and state economic cycles and national economic cycles. Applicant Analysis: Resort economic cycles typically follow a similar pattern of boom and bust that is influenced by factors such as economic conditions and consumer confidence, along with Page of 21 23 Traer Creek Vesting Extension request of 20 years ATTACHMENT A tourism and lodging trends. As evident in recent cycles, external events such as natural disasters, changes in government policies, or shifts in consumer preferences can also influence the timing and intensity of resort real estate cycles. Construction costs can also influence development cycles. All of this has played a role in the timing of development on the mountain side properties. 3.Market conditions and specifically but not limited to absorption rates for leasing and sales of similar development projects. Applicant Analysis: The vesting extension request is only related to the mountain side residential development and thus has no impact on leasing and sales associated with commercial development. Design, development, and absorption of residential development in this area is mostly affected by infrastructure costs necessary to allow development to move forward. It will take 15-20 years to fully absorb residential product in this mountain side area once platted and developed. 4.Compliance with the Avon Comprehensive Plan and other community planning documents. Applicant Analysis: As indicated in the criteria for the PUD Amendment above, the extension of vesting rights for PAK, RMF1, and Block 3 are consistent with the Avon Comprehensive Plan, and the Avon Downtown Development Authority Plan. The vesting extension simply allows for additional time to complete projects with the Village (at Avon). 5.Proposed public amenities and benefits that enhance the project and the overall attractiveness of the Avon community, including the degree to which such public amenities and benefits are defined in terms of design, timeframe and phasing with development. Applicant Analysis: Due to the nature of the vesting request, it does not impact the provision of the public amenities and benefits of the Village (at Avon). Additionally, the overall attractiveness of Avon is preserved within the Village (at Avon) through their strong commitment to the Design Review process for all buildings within the PUD. A representative from the TOA also sits on the Village (at Avon) Design Review Board. The PUD, along with various agreements, provides and defines the triggers within the various Planning Areas to guarantee public amenities and benefits. 6.Projected public financial benefits or costs estimated to be caused by the development project, including the timeframe for realization by the Town or other public entities and potential costs for operation and maintenance of any new public amenities or infrastructure dedicated to the Town or other public entities. Applicant Analysis: Given the scope of the vesting extension being requested, there is little financial or cost implications related to the vesting request. Public financial benefits are generally related to the development of the valley floor which is progressing. The mountainside Page of 22 23 ATTACHMENT A residential development lagging behind the other planning areas will not significantly affect these issues. 7.The breadth and scope of the requested vested property right, including but not limited to the extent to which such vested property right restricts the Town's ability to apply future legislatively adopted fees and regulations for the purpose of providing public infrastructure, public services and public facilities and for the purpose of meeting evolving community needs. Applicant Analysis: The TOA’s ability to apply fees and/or regulations to the Village (at Avon) PUD are provided for within the PUD and various other agreements. These have been established historically and will remain in effect with the proposed vesting extension. The extension of vesting on the mountain side has little effect on these issues. 8.The terms of any existing site specific development plans with development agreements for the applicant's property that specify the duration of vested property rights. Applicant Analysis: As part of this submittal and should the PUD Amendments and Extension of Vesting Rights be approved, all applicable agreements between TC and the TOA will be amended to reflect what has been approved. These proposed amendments have been submitted under separate cover. No existing site-specific development plans are affected by the vesting extension on the mountain side area. 9.Any proposed modifications to previously approved vested property rights to address changed conditions within the Avon community, compliance with the Comprehensive Plan and other community planning documents or performance of previously approved site specific development plans. Applicant Analysis: As provided in this submittal, the proposed PUD amendments and vesting extension remain consistent with the Town of Avon Comprehensive Plan. The PUD amendments are proposed to address changing conditions since the original adoption of the Village (at Avon) PUD. All other site-specific development plans have been completed and there are no impacts to any site-specific development plans given the limited scope of the vesting extension. 10.Any other factors deemed relevant by the Council when determining to grant a vested property right for a period greater than three (3) years. Applicant Analysis: The applicant is happy to address any additional concerns by the Council during the review process. Page of 23 23 ATTACHMENT A FIRST READING Ord 26-02 Village (at Avon) PUD Amendment & Vested Rights Extension January 13, 2026 Page 1 of 3 ORDINANCE 26-02 APPROVING A PLANNED UNIT DEVELOPMENT AMENDMENT AND VESTED PROPERTY RIGHTS EXTENSION TO THE VILLAGE (AT AVON) PLANNED UNIT DEVELOPMENT RECITALS WHEREAS, the Town of Avon (“Avon”) is a home rule municipal corporation and body politic organized under the laws of the State of Colorado and possessing the maximum powers, authority and privileges to which it is entitled under Colorado law; WHEREAS, pursuant to the home rule powers of the Avon, the Avon Town Council (“Council”) adopted Title 7 Development Code to the Avon Municipal Code (“AMC”), which requires Public Hearings and approval of an Ordinance to process Planned Unit Development (“PUD”) Amendments and Vested Property Rights Extensions; WHEREAS, the Town Council authorized submitting a combined application with Traer Creek-RP, LLC for a PUD Amendment Application to amend the Village (at Avon) PUD (“PUD Amendment Application”); WHEREAS, Traer Creek-RP, LLC submitted a twenty (20) year Vested Property Rights Extension (“Vested Property Rights Application”) request for portions of the Village (at Avon) PUD; WHEREAS, Section 7.16.020(b)(4) of the AMC grants the Community Development Director authority to permit concurrent review of development applications for efficiency and practicality; WHEREAS, the Planning and Zoning Commission of the Town held public hearings on the PUD Amendment and Vested Rights Extension on November 10, 2025 and December 8, 2025, after publishing and posting notice as require by law, considered all comments, testimony, evidence and staff reports provided by the Town staff, considered such information prior to formulating a recommendation, then took action to adopt findings of fact to make a recommendation for conditional approval to the Town Council; WHEREAS, the Town Council of the Town held public hearings on January 13, 2026 and [_______________], 2026, after posting notice as required by law, considered all comments, testimony, evidence and staff reports provided by the Town staff prior to taking action to adopt findings of fact and a record of decision conditionally approving the PUD Amendment and Vested Rights Extension Applications; WHEREAS, the Town Council finds the application in conformance with the review criteria set forth in Sections 7.16.060(e)(4) and (f)(5) of the Development Code as more ATTACHMENT B FIRST READING Ord 26-02 Village (at Avon) PUD Amendment & Vested Rights Extension January 13, 2026 Page 2 of 3 particularly described in the findings of fact and record of decision; and WHEREAS, approval of this Ordinance on first reading is intended only to confirm that the Town Council desires to comply the requirements of the Home Rule Charter for the Town of Avon, Colorado by setting a public hearing in order to provide the public an opportunity to present testimony and evidence regarding this application and that approval of this Ordinance on first reading does not constitute a representation that the Town Council, or any member of the Town Council, supports, approves, rejects, or denies this ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF AVON, COLORADO: Section 1. Recitals Incorporated. The above and foregoing recitals are incorporated herein by reference and adopted as findings and determinations of the Town Council. Section 2. Approval of Findings of Fact and Record of Decision. Pursuant to Section 7.16.020(f) of the Development Code, the Town Council approves findings of fact and record of decision as set forth in EXHIBIT A: Town Council Findings of Fact and Record of Decision. Section 3. Amendment to the Village (at Avon) PUD. The Village (at Avon) Third Amended and Restated PUD Guide, in the form attached as EXHIBIT B: Third Amended and Restated PUD Guide, is hereby approved. Section 4. Vested Property Rights Extension. The Vested Property Rights Extension for the “Mountainside” area is approved through October 20, 2059, as documented in EXHIBIT C: First Amendment to Consolidated, Amended and Restated Annexation and Development Agreement, Section 5. Severability. If any provision of this Ordinance, or the application of such provision to any person or circumstance, is for any reason held to be invalid, such invalidity shall not affect other provisions or applications of this Ordinance which can be given effect without the invalid provision or application, and to this end the provisions of this Ordinance are declared to be severable. The Town Council hereby declares that it would have passed this Ordinance and each provision thereof, even though any one of the provisions might be declared unconstitutional or invalid. As used in this Section, the term “provision” means and includes any part, division, subdivision, section, subsection, sentence, clause or phrase; the term “application” means and includes an application of an ordinance or any part thereof, whether considered or construed alone or together with another ordinance or ordinances, or part thereof, of the Town. Section 6. Effective Date. This Ordinance shall take effect thirty (30) days after final passage in accordance with Section 6.4 of the Home Rule Charter for the Town of Avon, Colorado. Section 7. Safety Clause. The Town Council hereby finds, determines and declares that ATTACHMENT B FIRST READING Ord 26-02 Village (at Avon) PUD Amendment & Vested Rights Extension January 13, 2026 Page 3 of 3 this Ordinance is promulgated under the general police power of the Town, that it is promulgated for the health, safety and welfare of the public, and that this Ordinance is necessary for the preservation of health and safety and for the protection of public convenience and welfare and energy conservation. The Town Council further determines that the Ordinance bears a rational relation to the proper legislative object sought to be obtained. Section 8. Publication. The Town Clerk is ordered to publish this Ordinance in accordance with Chapter 1.16 of the Municipal Code of the Town of Avon, Colorado. INTRODUCED AND ADOPTED ON FIRST READING AND REFERRED TO PUBLIC HEARING by the Avon Town Council on January 13, 2026 and setting such public hearing for [_________________], 2026 at the Council Chambers of the Avon Municipal Building, located at One Hundred Mikaela Way, Avon, Colorado. BY: ATTEST: ____________________________ ___________________________________ Tamra N. Underwood, Mayor Miguel Jauregui Casanueva, Town Clerk ADOPTED ON SECOND AND FINAL READING by the Avon Town Council on [_______________], 2026. BY: ATTEST: ____________________________ ___________________________________ Tamra N. Underwood, Mayor Miguel Jauregui Casanueva, Town Clerk APPROVED AS TO FORM: ____________________________ Nina Williams, Town Attorney ATTACHMENT B The Village (at Avon) PUD Findings of Fact and Record of Decision: PUD23002 & VPR23001 Page 1 of 2 TOWN COUNCIL FINDINGS OF FACT AND RECORD OF DECISION FOR THE VILLAGE (AT AVON) PLANNED UNIT DEVELOPMENT DATE OF DECISION: [_______________], 2026 APPLICATIONS: PUD Amendment | File PUD23002 Vested Property Rights Extension | File VPR23001 APPLICANT: Traer Creek-RP LLC & Town of Avon These findings of fact and record of decision for The Village (at Avon) PUD Amendment application (“Application”) is made in accordance with the Avon Municipal Code (“AMC”) §7.16.020(f): PUD AMENDMENT: The Avon Town Council (“Council”) approved Ordinance 26-02, approving the Minor PUD Amendment Application for The Village (at Avon) PUD (“Property”), incorporating the following Findings and Conditions: PUD AMENDMENT FINDINGS: 1. The application is complete and provides sufficient information for Council to determine that the development application complies with the review criteria. 2. The application complies with the goals and policies of the Avon Comprehensive Plan as documented within the Staff report; 3. Demand for public services does not increase because the overall development standards, including overall density for the Village (at Avon) PUD, does not change; 4. The PUD Amendment confers a benefit to the Town by dedication of Lot 8 and permitting additional Community Housing units on Town properties; 5. The PUD amendment promotes public health, safety and general welfare, in preparing the subject planning areas to recognize Community Housing units dedicated to our essential workforce; 6. The PUD amendment is consistent with the purposes of the Development Code; 7. Facilities and services (including roads and transportation, water, gas, electricity, police and fire protection and sewage and waste disposal, as applicable) are available to serve the subject property while maintaining adequate levels of service to existing development; EXHIBIT A to ORDINANCE 26-02 The Village (at Avon) PUD Findings of Fact and Record of Decision: PUD23002 & VPR23001 Page 2 of 2 8. The PUD amendment will not result in significant adverse impacts upon the natural environment, including air, water, noise, storm water management, wildlife and vegetation, because such impacts have been addressed and substantially mitigated through the original Village (at Avon) PUD approval; and 9. Future uses on PA-D and proposed CH-1 will be primarily residential and compatible with existing established residential development on Eaglebend Drive. PUD AMENDMENT CONDITIONS. Approval of the PUD Amendment Application is subject to performance, satisfaction and completion of the following conditions: 1. Amend PUD Guide for Planning Area A to permit 60 feet building height as a use by right (not a special review use). 2. Amend PUD Guide for Planning Area D for areas within 250’ of the southern boundary to maintain the existing 48-feet maximum building height, with a special review use for additional building height up to a maximum of 60 feet. VESTED PROPERTY RIGHTS EXTENSION FINDINGS. Council approved Ordinance 26- 02, approving the Vested Property Rights Extension Application for The Village (at Avon) PUD, incorporating the following Findings: 1. The magnitude of public infrastructure necessary to access and develop the Mountainside will require substantial financial investment and Council finds that focusing public infrastructure investment and private development in Planning Areas A, B, C, D and J for the near term will promote orderly, cost effective and efficient development and will increase project revenues more quickly to accelerate the time frame for full-satisfaction of the Town’s tax credit obligations under the CARADA. APPROVED BY MOTION on [_______________], 2026 AVON TOWN COUNCIL BY: ATTEST: ____________________________ ___________________________________ Tamra N. Underwood, Mayor Miguel Jauregui Casanueva, Town Clerk EXHIBIT A to ORDINANCE 26-02 The Village (at Avon) SecondThird Amended and Restated PUD Guide September 11, 2018 _____________, 2025 Pursuant to Section 7.16.140(d) of the Development Code: Approval of this plan constitutes a vested property right pursuant to Article 68 of Title 24, C.R.S., as amended, and Title 7, Chapter 16 of the Avon Municipal Code as amended. 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Table of Contents TABLE OF CONTENTS Page i 2985509.10 A.PURPOSE/GENERAL PROVISIONS 1 1.Defined Terms 1 2.Purpose 1 3.Vested Property Rights 2 4.General Provisions 32 5.Applicability of Other Regulations 65 6. Conflict 6 B.TOTAL PERMITTED DENSITY 6 C.GENERAL LAND USE DESIGNATIONS 10 1.Designations 10 2.Permitted Uses 11 D.DEVELOPMENT STANDARDS WITHIN THE VILLAGE (AT AVON) PUD 11 1.General 11 2.Planning Area A - Village Center Mixed Use Project 12 3.Planning Area B - Community Facilities 16 4.Planning Areas C and D - Village Residential Mixed Use Projects 1718 5.Planning Area E – School 2021 6.Planning Areas F, G, H and I – Regional Commercial Mixed Use Projects 22 7.Planning Area J – Regional/Neighborhood Commercial and Residential Mixed Use Projects 2728 8.Planning Area K - Hillside Residential 3031 9.Planning Areas RMF 1 and RMF 2 - Residential Multi-Family 3233 10.Planning Areas P1-P3: Parkland 3536 11.Planning Areas OS1 – 0S7OS7: Natural Open Space 3738 12.Planning Areas PF-1 –-2 and PF-3: Public Facility 3839 13.Planning Areas CH-1 and CH-2 – Community Housing 41 E.SPECIAL REVIEW USE 4043 1.Special Review Use Permit 4043 2.Application Filing and Processing 4043 3.Submittal Requirements for Special Review Use 4144 EXHIBIT B to ORDINANCE 26-02 Table of ContentsTABLE OF CONTENTS (continued) Page ii 2985509.10 4.Criteria for Review, Recommendation, and Approval of Special Review Uses 4144 5.Amendments to Special Review Use Permit 4245 F.TEMPORARY USES AND STRUCTURES 4245 G.SUBDIVISION 4345 1.General; Applicability 4345 2.Application Submittal Items 46 3.Procedure 47 4.Criteria for Review and Approval 47 5.Material Modification to Certain Street Connections 4548 H.DEVELOPMENT PLAN AMENDMENT PROCEDURES 4649 1.General 4649 2.Formal Amendments 4649 3.Administrative Amendments 4649 4.Modifications Not Requiring Amendment 4952 I.SUPPLEMENTAL REGULATIONS 5053 1.Interim Uses 5053 2.Solid Fuel Burning Devices 5054 3.Signs 5054 4.Parking Requirements 5154 5.Surface Parking Landscaping Requirements 5154 6.Drainage Requirements 5154 7.Sidewalk and Trail Standards 5255 8.Alternative Equivalent Compliance and Variances 5255 9.Supplemental Design Standards: Planning Area J Hotel, Motel and Lodge Requirements 5255 10.Wildlife Mitigation Plan 5357 11.Design Review Guidelines 5457 12.Natural Resource Protection 5458 13.Residential Fire Suppression Systems 5458 14.Park, Recreation and Trail Access 5558 EXHIBIT B to ORDINANCE 26-02 Table of ContentsTABLE OF CONTENTS (continued) Page iii 2985509.10 15.AffordableCommunity Housing Plan 5558 16. Provision of Certain Amenities 5761 EXHIBIT A Legal Description A-1 EXHIBIT B PUD Master Plan B-1 EXHIBIT C The Village (at Avon) Parking Regulations C-1 EXHIBIT D Wildlife Mitigation Plan D-1 EXHIBIT E Minimum Design Guideline Standards E-1 EXHIBIT F Street Standards F-1 EXHIBIT G Municipal Code Provisions Not Applicable to The Village (at Avon) PUD G-1 EXHIBIT H DEFINITIONS H-1 EXHIBIT IH Section 7.16.070 of Development Code IH-1 EXHIBIT I Definitions I-1 EXHIBIT B to ORDINANCE 26-02 The Village (at Avon) SecondThird Amended and Restated PUD Guide September 11, 2018 _____________, 2025 A.PURPOSE/GENERAL PROVISIONS.. 1.Defined Terms. Capitalized words and phrases used in this PUD Guide have the meanings set forth in Exhibit HI of this PUD Guide. Words and phrases which are not defined in Exhibit HI of this PUD Guide but are defined in the Development Code shall have the meaning as defined in the Development Code. Where any word or phrase defined in Exhibit HI of this PUD Guide is the same or substantially similar to a word or phrase defined or used in the Development Code, the word or phrase defined in Exhibit HI of this PUD Guide shall be the sole and exclusive definition of such word or phrase. Any word or phrase which is not defined in Exhibit HI of this PUD Guide and not defined in the Development Code, but is defined elsewhere in the Municipal Code, shall not be presumed to have the specific meaning given such word or phrase in the Municipal Code unless expressly stated herein. Notwithstanding any provision of this Section A.1, if, subsequent to the Original Effective Date, the Town amends from time to time any definitions set forth in the Development Code, the Master DeveloperLandowner, in its sole discretion, may, from time to time, consider amendment of this PUD Guide to incorporate such amended definitions herein, which amendment(s), if any, shall be processed in accordance with the administrative amendment procedure set forth in Section H.3. 2.Purpose.. (a)The Village (at Avon) PUD encompasses the Property, which is a large parcel of land under unified development control of the Master DeveloperLandowner (together with and on behalf of the Developer AffiliatesAffiliated Landowners) as of the Effective Date. This PUD Guide (including each Exhibit attached hereto) shall control the zoning, Uses, Development Standards, development application review procedures for the Property to the extent set forth in this PUD Guide, pursuant to Section 7.16.060 Planned Unit Development (PUD) of the Development Code, adopted pursuant to 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 C.R.S. §24-67-104 and pursuant to the Avon’s Home Rule Authority, which implements the Planned Unit Development Act of 1972, Sections 24-67-101 et seq., C.R.S. (b)The Original PUD Guide previously was amended by and includes (collectively, the “Prior Amendments”): (i)PUD Development Plan Administrative Amendment No. 1 (amending the PUD Master Plan only), dated May 21, 2001, and recorded in the real property records of Eagle County, Colorado, on July 31, 2001 at Reception No. 763439. (ii)PUD Guide Administrative Amendment No. 2, dated February 13, 2002, and recorded in the real property records of Eagle County, Colorado, on February 29, 2002 at Reception No. 786254. (iii)PUD Guide Administrative Amendment No. 3, dated May 15, 2002, and recorded in the real property records of Eagle County, Colorado, on May 15, 2001 at Reception No. 795806. (iv)PUD Guide Administrative Amendment No. 4, dated May 15, 2002, and recorded in the real property records of Eagle County, Colorado, on May 15, 2002 at Reception No. 795805. (v)Formal Amendment Number One to The Village (at Avon) PUD Guide, dated January 25, 2007, and recorded in the real property records of Eagle County, Colorado, on March 2, 2007 at Reception No. 200705491. (c)In accordance with the terms and conditions of that certain SETTLEMENT TERM SHEET made and entered into the 7th day of October, 2011, by and between the Town of Avon, BNP Paribas, Traer Creek Metropolitan District, Traer Creek LLC, Traer Creek-RP LLC, Traer Creek Plaza LLC , EMD Limited Liability Company, Traer Creek-HD LLC, and Traer Creek-WMT LLC (the “Settlement Term Sheet”), the Town’s final non-appealable approval of the Amended and Restated PUD Guide amended and replaced the Original PUD Guide in its entirety, including the incorporation into a single document of the Prior Amendments and the amendments contemplated in the Settlement Term Sheet, for ease of reference, and established and implemented specific terms and conditions of the Settlement Term Sheet, binding on all parties to the Settlement Term Sheet. (db)The purpose of this PUD Guide is to amend and restate in its entirety the Amended and RestatedOriginal PUD Guide to implement certain modifications thereto concerning, among other matters, Planning Area FAreas A, C, D, E, I, J, K, RMF-1, CH-1, and CH-2, the Community Housing Plan, applicable requirements and criteria pertaining to the maximum number of Dwelling Units that can be constructed on a cul-de sac, and clarify certain matters with respect to the operation of Short Term Rentals. Accordingly, this PUD Guide expressly replaces and supersedes the Amended and RestatedOriginal PUD Guide and any additional or conflicting provisions of the Municipal Code with respect to the subject matter contained herein. 1650530.6 2 2985509.10 EXHIBIT B to ORDINANCE 26-02 3.Vested Property Rights. The Development Plan and any subsequently approved Preliminary Plans and Final Plats approved subsequent to the Original Effective Date, together with any amendments to any of the foregoing, constitutes an approved “site-specific development plan” as defined in the Vested Property Rights Statute and pertinent provisions of the Municipal Code. Without limiting the generality of the foregoing, the Landowners of the Property shall have Vested Property Rights to undertake and complete development and use of the Property as provided in the Development Plan, and as set forth in Section 2.4 of the Development Agreement. The Vested Property Rights so established shall be and remain vested for the “Vesting Term” (asinclusive of the Primary Vesting Term and Mountainside Vesting Term), as such terms are defined in the Development Agreement). Pursuant to the Municipal Code, as in effect on the execution date of the Settlement Term SheetOctober 7, 2011: Approval of the Development Plan constitutes a vested property right pursuant to Article 68 of Title 24, C.R.S., as amended, and Title 7, Chapter 16, of the Avon Municipal Code as amended. Upon and after expiration of the “Vesting Term” (as defined in the Development Agreement), this PUD Guide and any amendments thereto shall continue to be the zoning for the Property, provided that the Town shall have the authority, if any, to amend this PUD Guide without the consent of the Master DeveloperLandowner or any other owner of the Property, or any portion thereof, in accordance with applicable law. 4.General Provisions.. (a)Control Over Use, Location and Bulk. The Development Plan shall control the Use, location and bulk of Buildings and Structures from and after the Effective Date, and subject to compliance with the Development Standards set forth in the Development Plan for the affected Planning Area and any additional or more restrictive standards and requirements set forth in the Design Review Guidelines or the Design Covenant: (i)For any new Building or Structure, and any parcel of land or Site; and (ii)For any changes or extensions of Use of any existing Building, Structure, parcel of land or Site; and (iii)The Design Review Board shall, in conformance with the Development Plan, establish the final location, Use and bulk of all future Buildings, Structures and improvements; and (iv)Any existing Building or Structure may be enlarged, reconstructed, structurally altered, converted or relocated for any purpose or Use permitted or required by the provisions of this PUD Guide that is applicable to the Site in which such Building, Structure, Site or parcel of land is located, and for no other purposes or Uses. 1650530.6 3 2985509.10 EXHIBIT B to ORDINANCE 26-02 (b)Incorporation of PUD Master Plan. The PUD Master Plan, together with everything shown thereon and all amendments thereto approved by the Town subsequent to the Effective Date, is hereby incorporated by reference into this PUD Guide as Exhibit B. (c)Comprehensive Plan. The Comprehensive Plan applies to the Village at (Avon), and no amendments to the Comprehensive Plan approved by the Town subsequent to the Original Effective Date shall apply to The Village (at Avon). (d)Design Covenant. The Property is encumbered by and subject to the Design Covenant, which governs matters related to Uses and development of all or any portion of the Property. Where any conflict between the Design Covenant and the Development Plan may occur, the more restrictive provision shall govern. (e)Design Review Board. As contemplated by the Design Covenant, the Design Review Board has been organized to administer and enforce the Design Covenant and Design Review Guidelines. In accordance with the Design Covenant, the Design Review Board shall have authority to review and is the sole and exclusive authority to approve the architectural design, landscape design, urban design and site design within the Property, subject to the Town Council’s right of enforcement the Design Review Guidelines as set forth in Section I.11(c). The Design Review Board shall (i) refer to the Planning and Zoning Commission, for comment only and not for approval, ratification or disapproval, all development proposals submitted to the Design Review Board for portions of the Property located south of Interstate 70 and all portions of the Property located north of Interstate 70 other than Planning Areas K and RMF-1 (with respect to which the Design Review Board shall have no obligation to refer development proposals to the Planning and Zoning Commission); and (ii) give prior written notice to the Director, or his designee, of each meeting of the Design Review Board at which the Design Review Board shall initially consider any submitted development proposal(s), which notice shall include the date, time, location and general subject matter of the meeting. At Master Developer’sLandowner’s option, one or more separate design review boardboards may be established with respect to such Planning Areas RMF-1-1 and K. Such design review board(s) shall not be required to include any Town appointed representative as a member. The Town’s approval of any building permit within the Property is conditioned upon the Town’s prior receipt of a certificate of approval executed by the President of the Design Review Board. (f)Design Review Guidelines. Pursuant to the Design Covenant, the Design Review Board has prepared, approved and promulgated the Design Review Guidelines to supplement and complement this PUD Guide. Where any conflict may occur between the Design Review Guidelines and the Development Plan, the more restrictive provision shall govern. (g)Planning Areas and Boundaries, Road Alignments, Lot Lines. (i) The street and road alignments depicted on the PUD Master Plan are either designated thereon as either permanent, temporary (not permanent and 1650530.6 4 2985509.10 EXHIBIT B to ORDINANCE 26-02 intended to be replaced in the future) or conceptual alignments. Notwithstanding any contrary provision of this PUD Guide, until such time as made permanent or temporary in connection with an approved and executed Public Improvements Agreement, the conceptual alignments are non-binding and provided only for illustrative purposes to show one of various potential alignments and vehicular ingress and egress between Planning Areas. The alignment of future temporary and permanent streets shall be subject to review and approval by the Town in connection with subdividing the applicable portion of the Property and submittal by the Applicant of engineered road design plans, as set forth in Section G of this PUD Guide. The Applicant shall be required to submit engineered road design plans for, and shall be required to construct, only the portion of a street that is necessary to serve the phase and property subject to the applicable Application, and the Applicant shall not be required to extend or continue such street beyond the Property Line of the Site that is the subject of the applicable Application provided that such street terminates in a turn-around, cul-de-sac or like termination (temporary or permanent, as applicable) to permit emergency vehicle turn-around in accordance with the requirements of the Development Code. Notwithstanding the foregoing, if such street is depicted on the PUD Master Plan to extend and continue further than such phase and property subject to the Application and connect to existing or future planned street(s), such Applicant shall submit as a part of its Application Preliminary Engineering for the planned extension and continuation of the subject street which is sufficient to demonstrate that the alignment and grade of the construction of a portion of the street shall be adequately designed to allow extension and continuation of the subject street in compliance with applicable road, utility and drainage standards. (ii)Planning Area boundaries shall be construed as follows: (i) whenever a Planning Area abuts an exterior boundary of the Property, the Planning Area shall be construed to coincide with such exterior boundary of the Property; (ii) wherever a street abuts a Planning Area as shown in the PUD Master Plan, the Planning Area boundary shall be construed to coincide with the center line of such abutting street; and (iii) wherever a Planning Area contains or otherwise does not abut a street or the exterior boundary of the Property, the Planning Area boundary shall be as shown in the PUD Master Plan. (h)Issuance of Building Permits; Design Review Board Certification. (i)Provided an Application for issuance of a building permit (or grading permit, etc.) complies with the Town’s Building Code (as defined in the Development Code) and the Development Plan, the Town shall issue such building permit (or grading permit, etc.) for any construction, improvements or alterations of a Building, Structure or other form of development requiring a building permit (or grading permit, etc.) for which the plans, specifications and details have been reviewed and approved by the Design Review Board as defined herein. A certificate of approval executed by the President of the Design Review Board shall be affixed to the plans and specifications made a part of each building permit, grading permit, temporary certificate of occupancy, permanent certificate 1650530.6 5 2985509.10 EXHIBIT B to ORDINANCE 26-02 of occupancy, etc. Application prior to the Town’s approval thereof. To facilitate efficient review and approval of building permits (grading permits, etc.), the Town’s building department may accept for processing a building permit (or grading permit, etc.) concurrently with such Applicant’s submittal of plans, specifications and details to the Design Review Board for review and approval of such permit; provided, however, the Town shall not approve any Application for a building permit (or grading permit, etc.) or temporary or permanent certificate of occupancy unless a certificate of Design Review Board approval is affixed thereto as required by this Section A.4(h)(i), such issued certification of Design Review Board approval being an express condition precedent to the Town’s approval of any Application for a building permit (or grading permit, etc.) or temporary or permanent certificate of occupancy. (ii) Additionally, the Design Review Board certification shall affirmatively state the Design Review Board’s confirmation, and the Director shall confirm, an Application’s compliance with the supplemental design and improvement standards set forth in Section I.9 prior to issuing a building permit for construction of a Building designated for Hotel, Motel and Lodging Uses within Planning Area J. 5.Applicability of Other Regulations.. (a)General. Except as otherwise expressly provided in the Development Plan, the establishment of Vested Property Rights pursuant to the Development Agreement shall not preclude the application on a uniform, non-discriminatory and consistent basis of Town regulations of general applicability (including, but not limited to, building, fire, plumbing, electrical and mechanical codes, the Municipal Code, and other Town rules and regulations), or the application of state or federal regulations, as all of such regulations existed on the Original Effective Date or may be enacted or amended after the Original Effective Date; provided, however that such newly enacted or amended Town regulations shall not directly or indirectly have the effect of materially and adversely altering, impairing, preventing, diminishing, imposing a moratorium on development, delaying or otherwise adversely affecting any of Master Developer’s, Developer AffiliatesLandowner’s, Affiliated Landowners’ or other Landowners’ substantive or procedural rights set forth in the Development Agreement, this PUD Guide or any approved Final Plat for any portion of the Property. Neither Master Developer, Developer AffiliatesLandowner, Affiliated Landowners nor any Landowner waive their right to oppose the enactment or amendment of any such regulations. (b)Modifications and Exceptions. As set forth in Sections F through I of this PUD Guide, certain provisions of the Municipal Code either are superseded in their entirety by this PUD Guide or apply within The Village (at Avon) but are subject to the modifications set forth in such sections. Additionally, the provisions of the Municipal Code which are set forth in Exhibit G of this PUD Guide are, without limiting any other present or future regulations or provisions of the Municipal Code which have similar effect from being similarly excepted, specifically identified as provisions that directly or indirectly have the effect of materially and adversely altering, impairing, preventing, 1650530.6 6 2985509.10 EXHIBIT B to ORDINANCE 26-02 diminishing, imposing a moratorium on development, delaying or otherwise adversely affecting Master Developer’s, Developer AffiliatesLandowner’s, Affiliated Landowners’ or other Landowners’ rights (whether Vested Property Rights or other right) set forth in the Development Agreement, this PUD Guide or any approved Final Plat for any portion of the Property, and therefore shall not be applicable within The Village (at Avon) PUD. 6.Conflict. The Development Standards and other terms, conditions and criteria set forth in the Development Plan shall prevail and govern the development of The Village (at Avon). Where the Development Plan does not address a specific subject, the applicable provisions of the Municipal Code shall, to the extent such Municipal Code provisions are not in conflict or otherwise inconsistent with any provision of the Development Plan, control the development of The Village (at Avon). Additionally, application of such Municipal Code provisions shall not directly or indirectly have the effect of materially altering, impairing, preventing, diminishing, imposing a moratorium on development, delaying, or otherwise materially adversely affecting any of Master Developer’s, Developer AffiliatesLandowner’s, Affiliated Landowners’ or other Landowners’ Vested Property Rights set forth in the Development Plan. Provisions of the Design Review Guidelines which are more restrictive than either the Development Plan or the Municipal Code shall prevail in any instance where there is a conflict. B.TOTAL PERMITTED DENSITY. The total permitted density for The Village (at Avon) PUD shall not exceed: 1.Planning Areas A, C, D, E, F, G, H, J, K,CH-1, CH-2 RMF 1 and RMF 2 shall not exceed: (a)Commercial Uses. 825,000 consolidated Gross Square Footage of Commercial Space. (b)Dwelling Units. 2,400 Dwelling Units. Pursuant to the terms of the AffordableCommunity Housing Plan, 500 of the 2,400 Dwelling Units shall be constructed as affordable housingCommunity Housing Units, and, subject to satisfaction of the conditions precedent set forth in the AffordableCommunity Housing Plan, an additional 23 of the 2,400 Dwelling Units shall be constructed as affordable housingCommunity Housing Units. 2.The permitted Commercial Use and Dwelling Unit densities within Planning Area I shall be determined in the future pursuant to the formal amendment procedures set forth in Section H of this PUD Guide; provided, however, the permitted Commercial Space for Planning Area I shall not be less than 196,970 consolidated Gross Square Footage (which shall be in addition to the 825,000 square feet of consolidated Gross Square Footage stated in Section B.1(a)), and the permitted Dwelling Units shall not be less than 750 Dwelling Units. The Town acknowledges that Planning Area I is entitled to be developed as mixed-use development, and Uses may include Residential Uses, Commercial Uses, and public and 1650530.6 7 2985509.10 EXHIBIT B to ORDINANCE 26-02 1650530.6 8 2985509.10 80%20% Planning Area 70% Min% Planning Areas C and D Max% 90% Residential 100% Min% 0% institutional uses at densities in addition to those set forth above as approved by the Town. Until such time as a secondary access road is constructed, no non-Residential Uses shall be allowed and the maximum density of Dwelling Units shall not exceed 280 Dwelling Units. 3.Density calculations, as applicable, for development of Dwelling Units within all Planning Areas where Residential Uses are permitted shall be based on the gross acreage within the applicable Planning Area as reflected in the land use table contained in the PUD Master Plan. Density calculations shall be on a Planning Area by Planning Area basis rather than on a Final Plat by Final Plat basis or on a Site by SiteSite-by-Site basis. 4.Subject to the requirement that the maximum number of Dwelling Units within any particular Planning Area, as applicable, shall not exceed that permitted under the terms and conditions of this PUD Guide, as applicable, the actual number of Dwelling Units per acre within a particular Final Plat or Site within the affected Planning Area may exceed the maximum number of Dwelling Units per acre based on the acreage within such Final Plat or Site. By way of example, in a Planning Area containing 20 acres and subject to a maximum residential density of 18 Dwelling Unit per acre (i.e., a total of 360 Dwelling Units), a 10 acre Site within that Planning Area would be permitted to be developed with 300 Dwelling Units (i.e., 30 Dwelling Units per acre) but the remaining 10 acres could be developed with no more than 60 Dwelling Units, with the resulting density within such Planning Area in the aggregate being 18 Dwelling Units per acre (i.e., (300 + 60 = 360 Dwelling Units) / 20 acres = 18 Dwelling Units per acre). 5.Density calculations for development of Residential Uses within Planning Areas A through I, RMF 1 and RMF 2 shall exclude areas with slopes exceeding 40%. Notwithstanding the foregoing, areas with slopes exceeding 40% created by the placement of dirt stockpiles shall not be excluded for density calculations for development of Residential Uses within Planning Areas A through I, RMF 1 and RMF 2. 6.At final build-outbuild-out of the particular Planning Area, the following minimum and maximum ratios of consolidated Gross Square Footage of Commercial Space and consolidated Gross Square Footage of Residential Uses, stated as a percentage of the aggregate Gross Square Footage the Planning Area [e.g., Gross Square Footage of Commercial Space ÷ (Gross Square Footage of Commercial Space + consolidated Gross Square Footage of Residential Uses) = percentage of Gross Square Footage of Commercial Space], shall apply within the following Planning Areas: 10% Max% Commercial Planning Area F 70%100% Planning Area A 0% 30% 30% EXHIBIT B to ORDINANCE 26-02 1650530.6 9 2985509.10 50%50%Planning Areas G and H 100% 7.Although classified as a Commercial Use, Accommodations Units (including those within Bed and Breakfasts, Extended Stay Hotels, Hotel, Motel and Lodge, Temporally Divided Dwelling Units, Vacation Homes and similar Commercial Uses) are considered Dwelling Units for purposes of Dwelling Unit calculation and tracking and are considered Residential Uses for purposes of Section B.6. 8.In calculating the number of Dwelling Units within The Village (at Avon): (a)Each Single-family Dwelling shall be counted as one (1) Dwelling Unit. (b)Each Duplex Dwelling shall be counted as two (2) Dwelling Units. (c)Each Dwelling Unit in a Multi-family Dwelling shall be counted as one (1) Dwelling Unit. (d)Each Primary/Secondary Structure or Structures situated on the same Lot shall be counted as two (2) Dwelling Units. (e)Each guest bedroom within a Bed and Breakfast shall be counted one-thirdone-third (1/3) of a Dwelling Unit. (f)Each Temporally Divided Dwelling shall be counted as one (1) Dwelling Unit. (g)Vacation Club shall be counted as one (1) Dwelling Unit. (h)Group Home shall be counted as one (1) Dwelling Unit. (i)Accommodation Units in a particular Hotel, Motel and Lodge Use shall be counted as the greater of (X) one-thirdone-third (1/3) Dwelling Unit for each Accommodation Unit within such Use (any resulting fractional number of Dwelling Units shall be rounded up or rounded down, as applicable, to the next whole number); or (Y) in accordance with the following calculation: (i) The aggregate Gross Square Footage of all of the Accommodation Units within the applicable Hotel, Motel and Lodge Use, but specifically excluding hallways, lobby and reception areas, stairwells, elevator areas, landings and entranceways, mechanical areas, public restrooms, permanently designated corridors, public lobbies, common mall areas and all other areas exterior to the individual lodging rooms (the “Lodging Square Footage”), shall be measured and calculated. (ii)The Lodging Square Footage shall be divided by 1,800 square feet, and the result of such calculation shall be the number of Dwelling Units attributable to such Hotel, Motel and Lodge Use. Any resulting fractional number of Dwelling Units shall be rounded up or rounded down, as applicable, to the next 0% EXHIBIT B to ORDINANCE 26-02 whole number. [In example, the Lodging Square Footage of a Hotel, Motel and Lodge Use having 50 Accommodation Units each measuring 650 square feet of Gross Square Footage and 50 Accommodation Units each measuring 850 square feet of Gross Square Footage is 75,000 square feet of Gross Square Footage ((50 X 650) + (50 X 850) = 75,000). Such Hotel, Motel and Lodge Use shall be counted as 42 Dwelling Units (75,000 / 1,800 = 41.67 (rounded to 42)).] (j)Each Community Housing Unit shall be counted as one (1) Dwelling Unit. (k)Use of a Building (or applicable portion thereof) for Short Term Rental(s) will not affect the Dwelling Unit calculation. 9.The President of the Design Review Board shall submit a Dwelling Unit and Commercial Space report to the Town along with its certificate of Design Review Board approval for each development proposal approved by the Design Review Board. This report shall be a detailed statement by Planning Area of the number of Dwelling Units and amount of Gross Square Footage of Commercial Space within The Village (at Avon) to ensure that the total permitted density for The Village (at Avon) PUD is not exceeded. 10.Commercial Space is any Building which is intended to be used, rented or leased for a Commercial Use, except as expressly excepted in Sections B.10(a) and B.10(b) below. (a)The following Uses shall not be considered Commercial Space: (i)Lodging Uses, including without limitation, Bed and Breakfast, Hotel, Motel and Lodge, Accommodation Units, Extended Stay Hotel, Temporally Divided Dwelling and Vacation Club; (ii)Residential Uses; (iii)Group Home; (iv)Short term rentalsTerm Rental(s); (v)Employee housing; and (vi)Uses which the Director determines to be similar. (b)For purposes of calculating the total amount (in square feet) of Commercial Space permitted pursuant to this PUD Guide, Commercial Space shall be Gross Square Footage that is available for leasing to a tenant, with the following additional qualifications: (i) The following types of facilities operated for public activities shall not constitute Commercial Space: (1) schools, and (2) except to the extent such facilities exceed an aggregate of 200,000 consolidated Gross Square Footage, unless the Town has consented to construction of such excess Gross Square 1650530.6 10 2985509.10 EXHIBIT B to ORDINANCE 26-02 Footage, Religious Facilities, skating arenas, cultural and community centers and facilities, and recreational centers and facilities. (ii)In office Buildings, retail Buildings, Hospital Buildings, long-term care facilities and other medical facilities including, but not limited to clinics, group and congregate care facilities, independent and assisted living facilities and nursing homes, hallways, lobby and reception areas, stairwells, elevator areas, landings and entranceways, mechanical areas, public restrooms, permanently designated corridors, public lobbies, and common mall areas shall not constitute Commercial Space for purposes of calculating the total amount (in square feet) of Commercial Space permitted pursuant to this PUD Guide unless actually leased to an individual tenant. (iii)In Lodging Uses, hallways, lobby and reception areas, stairwells, elevator areas, public restrooms, permanently designated corridors, landings, entranceways, meeting and banquet rooms and facilities, sundries shops, breakfast shops and other shops intended to cater primarily to Lodging Uses guests shall not constitute Commercial Space for purposes of calculating the total amount (in square feet) of Commercial Space permitted pursuant to this PUD Guide, but retail areas intended to cater primarily to non-Lodging Use guests and full-service Restaurants shall constitute Commercial Space for such purposes. (iv)In a Building or Site, for which the primary purpose is a Residential Use, including Community Housing Units, a Child Care Center or a similar Use shall not constitute Commercial Space for purposes of calculating the total amount (in square feet) of Commercial Space permitted pursuant to this PUD Guide. (ivv)In any Building, parking areas and Parking Structures shall not constitute Commercial Space for purposes of calculating the total amount (in square feet) of Commercial Space permitted pursuant to this PUD Guide. C.GENERAL LAND USE DESIGNATIONS.. 1.Designations. The following list identifies Planning Areas within The Village (at Avon) PUD and their respective general land use designations: (a)Planning Area A: Village Center Mixed-Use Projects (b)Planning Area B: Community Facilities (c)Planning Areas C and D: Village Residential Mixed-Use Projects (d)Planning Area E: School (e)Planning Areas F, G, H and I: Regional Commercial Mixed-Use Projects 1650530.6 11 2985509.10 EXHIBIT B to ORDINANCE 26-02 (f)Planning Area J: Regional/Neighborhood Commercial and Residential Mixed Use Projects (g)Planning Area K: Hillside Residential (h)Planning Areas RMF-1-1 and RMF-2-2: Multi-Family Residential (i)Planning Areas OS1 through OS7, inclusive: Natural Open Space (j)Planning Areas P1 through P3, inclusive: Parkland (k)Planning Areas PF-1 through-2 and PF-3, inclusive-3: Public Facilities (l)Planning Areas CH-1 and CH-2: Community Housing Units 2.Permitted Uses. Notwithstanding the generality of the foregoing land use designations, Uses and Use Categories permitted within each Planning Area are set forth in Section D (Development Standards), Section F (Temporary Uses and Structures) and Section I (Supplemental Regulations) of this PUD Guide, and certain of such Uses and Use Categories are defined in Exhibit HI of this PUD Guide. D.DEVELOPMENT STANDARDS WITHIN THE VILLAGE (AT AVON) PUD.. 1.General.. (a)The following Development Standards shall govern development of the referenced Planning Areas. Uses permitted within The Village (at Avon) include all Use Categories and all Uses within each Use Category, together with Accessory Uses, Primary Structures and Accessory Structures relating to such Uses. Within each individual Planning Area, such Uses are designated as Uses by Right, Special Review Uses or Prohibited Uses. A Use by Right within a particular Planning Area includes all Uses within the specified Use Category except to the extent specifically designated as a Special Review Use or a Prohibited Use. (b)Where particular Uses within a Use Category are listed as Uses by Right within a particular Planning Area and the Use Category also is listed as a Use by Right, such particularly listed Uses shall be construed as examples and clarifications of the Use Category and not as limitations on other Uses within the Use Category being developed as Uses by Right. Where particular Uses within a Use Category are listed as Uses by Right with a particular Planning Area but the Use Category is not listed as a Use by Right, then such particularly listed Uses shall be construed as Uses by Right that are exceptions to the Use Category and the remainder of Uses with the Use Category shall be interpreted to not be Use(s) by Right. (c)Temporary Uses may be permitted in The Village (at Avon) in accordance with the Development Code, even though such Uses otherwise may be within a Use Category that is not permitted within the applicable Planning Area. 1650530.6 12 2985509.10 EXHIBIT B to ORDINANCE 26-02 (d)Uses not identified as a Use by Right, Special Review Use, Temporary Use or Interim Use shall be a Prohibited Use unless determined by the Director that the proposed use is substantially similar to a Use by Right, Special Review Use, Temporary Use, or Interim Use. The listing of Prohibited Uses for each Planning Area is not exhaustive and shall not limit the interpretation of Uses by Right, Special Review Uses, Temporary Uses or Interim Uses stated in the preceding sentence. (e)In all Planning Areas, Architectural Projections may project ten (10) feet or less beyond the applicable Building Envelope with the prior written consent of the Design Review Board. Architectural Projections may project greater than ten (10) feet beyond the applicable Building Envelope with the prior written consent of the Design Review Board and the Town. (f)In all Planning Areas, the Development Standards set forth in this PUD Guide may be increased or decreased (a “Development Bonus”) following review and approval by the (i) applicable Landowner; (ii) Design Review Board; (iii) Master Landowner; and (iv) Town through the development bonus process set forth in Section 7.16.170 of the Municipal Code. Upon approval by the Town, the Landowner, Design Review Board and Master Landowner shall review for approval or disapproval of any Development Bonus. Any Development Bonus approved in all respects by the Landowner, Design Review Board, Master Landowner and Town shall be Recorded against the applicable portion of the Property and, upon such approval and Recording, shall automatically constitute an administrative amendment to this PUD Guide. 2.Planning Area A - Village Center Mixed Use Project.. (a)Uses by Right: Except as specifically identified as Special Review Uses in Section D.2(b) below or specifically prohibited in Section D.2(c) below, the following Primary Uses and Accessory Uses: (i)Commercial Uses; provided, however, no single retail business shall occupy more than 60,000 of consolidated Gross Square Footage. (ii)Animal Boarding (excluding outdoor Animal Boarding) as an Accessory Use to another Commercial Use only, and subject to review and written approval by the Design Review Board authorizing such Use. (iii)Kennels (excluding outdoor Kennels) as an Accessory Use to another Commercial Use only, and subject to review and written approval by the Design Review Board authorizing such Use. (iv)Convenience Retail (without fuel). (v)Restaurants (without drive-through window service). (vi)Financial institutions (without drive-through window service). 1650530.6 13 2985509.10 EXHIBIT B to ORDINANCE 26-02 (vii)Residential Uses. (viii)Short Term Rental(s). (viiiix)Mixed Use Projects; provided, however, (a) no Uses specifically prohibited in Section D.2(c) below shall be included in such Mixed Use Project, and (b) no Uses specifically identified as Special Review Uses in Section D.2(b) below shall be included except pursuant to the review and approval processes set forth in Section E below. (ixx)Cabled Telecommunications Equipment, Cabled Telecommunications Facilities and Cabled Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (xxi) Wireless Telecommunications Equipment (excluding antenna towers), Wireless Telecommunications Facilities (excluding antenna towers) and Wireless Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use.. (xixii)Dry Utilities. (xiixiii)Infrastructure. (xiiixiv)Indoor recreation and/or entertainment facilities. (xivxv)Outdoor recreation and/or entertainment facilities that do not include the use of amplified music. (xvxvi)Parks and Open Space. (xvixvii)Commercial Parking, Private Parking, Public Parking and public and private transportation and transit facilities, including but not limited to, Parking Structures, Bus Stops, Bus Shelters, rail stations, tramways, gondolas and lifts. (xviixviii) Outdoor Storage of merchandise for sale and only as an Accessory Use to a retail Use. (xviiixix)Accessory Uses and Structures customarily appurtenant to Uses by Right. (xixxx)Agricultural Use (as an Interim Use only). (xxxxi)Rodeo and ancillary carnival (as an Interim Use only). (xxixxii)Recycling Facility (as an Interim Use only). 1650530.6 14 2985509.10 EXHIBIT B to ORDINANCE 26-02 (xxiixxiii)Snow storage (as an Interim Use only). (xxiiixxiv)Mobile Home office/storage Use and community garden (as an Interim Use only). (xxivxxv)Driving course and accessory hospitality services related to automobile demonstrations, promotions and sales, not to exceed 10 days in the aggregate in a calendar year (as an Interim Use), provided that such Use exceeding 10 days in the aggregate in a calendar year shall be a Temporary Use. (xxvxxvi) Additional Uses which the Director determines to be similar to uses by right. (b)Special Review Uses: The following Uses shall be permitted pursuant to the review and approval processes set forth in Section E below: (i)Single retail businesses occupying more than 60,000 of consolidated Gross Square Footage. (ii)Educational facilities, including but not limited to, public and private schools, universities and colleges. (iii)Automobile Repair Shop (Minor). (iv)Outdoor entertainment facilities that include the use of amplified music. (v)Hospital (vi) Heliport, only as an Accessory Use to a Hospital or other medical facility, including but not limited to a clinic. (vii)Hotel Uses (including without limitation, hotel Uses comprising a portion of a Mixed Use Project) which exceed 80 feet in Building Height. (viii)Car wash. (ix)Drive-in Uses. (x)Religious Facility. (xi)Service Station (for the sale of only electric form of fuel for motorized vehicles). (xii)Restaurants (with drive-through window service). (xiii)Financial institutions (with drive-through window service). 1650530.6 15 2985509.10 EXHIBIT B to ORDINANCE 26-02 (xiv)Recycling Facilities (except as permitted in Section D.2(a) above). (xv)Rock and gravel crushing operations related to rock and gravel materials excavated within The Village (at Avon) PUD. (xvi)Wireless Telecommunications Equipment (antenna towers only) and Wireless Telecommunications Facilities (antenna towers only), each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (xvii)Pursuant to Section D.2(d)(ii)(1), for portions of Planning Area A located less than 250 feet from the southerly boundary of Planning Area A, Building Height greater than 55 feet. (c)Prohibited Uses: (i)Animal Boarding (outdoor). (ii)Automobile Repair Shop (Major). (iii)Family Child Care Home. (iv)Group Home. (v)Industrial Uses. (vi)Kennels (outdoor). (vii)Mobile Homes. (viii)Medical Marijuana Businesses. (ix)Nude Entertainment Establishments. (x)Outdoor Storage (except as expressly allowed as a Use by Right in Section D.2(a)). (xi)Recycling Processing Facility. (xii)Service Station (except as specifically identified as a Special Review Use in Section D.2(b)). (xiii)Tattoo parlor, body piercing. (d)Building Envelope Requirements: (i)Minimum Building Setbacks: 1650530.6 16 2985509.10 EXHIBIT B to ORDINANCE 26-02 (1)Southerly and Westerly boundaries of Planning Area A: 20 feet. (2)All others: None, except as may be necessary to accommodate utilities, drainage, access, fire and building code regulations and the flood plain of live streams. (ii)Maximum Building Height: (1)Portions of Planning Area A located less than 250 feet from the southerly boundary of Planning Area A: 55 feet, provided that a maximum Building Height of 60 feet shall be permitted as a Special Review Use. (2)Portions of Planning Area A located 250 or more feet from the southerly boundary of Planning Area A: 80 feet, provided that Residential Uses and hotel Uses (including without limitation,Residential Uses and hotel Uses comprising a portion of a Mixed Use Project) exceeding 80 feet shall be permitted up to a maximum Building Height of 110 feet as a Special Review Use as specifically identified in Section D.2(b). (iii)Maximum Site Coverage: (1)Portions of Planning Area A located less than 250 feet from the southerly boundary of Planning Area A: 80% (2)Portions of Planning Area A located 250 or more feet from the southerly boundary of Planning Area A: 100% (iv)Minimum Lot Area: Not applicable. (e)Residential Density Maximum: 25 Dwelling Units per acre. (f)Parking Requirements: As set forth in the Parking Regulations. (g)Supplemental Regulations: All development is further subject to the supplemental regulations set forth in Section I below. (h)Street Requirements: Streets are subject to the standards set forth in Exhibit F of this PUD Guide. 1650530.6 17 2985509.10 EXHIBIT B to ORDINANCE 26-02 3.Planning Area B - Community Facilities.. (a)Uses by Right: Except as specifically identified as Special Review Uses in Section D.3(b) below or specifically prohibited in Section D.3(c) below, the following Primary Uses and Accessory Uses: (i)Parks and Open Space. (ii)Community Facilities and related amenities, including without limitation, accessory Commercial Uses, including food and beverage concessions, as may be mutually approved by the Town and the Design Review Board. (iii)Agricultural Use (as an Interim Use only). (iv)Infrastructure. (v)Dry Utilities. (vi)Snow storage (as an Interim Use only). (vii)Water storage and water resource management facilities. (b)Special Review Uses: The following Uses shall be permitted pursuant to the review and approval processes set forth in Section E below: (i)Outdoor entertainment facilities that include the use of amplified music. (c)Prohibited Uses: (i) Commercial Uses. (ii)Residential Uses. (iii)Industrial Uses. (iv)Mixed Use Projects (except as specifically included as a Use By Right in Section D.3(a) above). (d)Building Envelope Requirements: (i)Minimum Building Setbacks: 20 feet from the adjacent road right-of-way. 20 feet from property line abutting Planning Area A. None from property line abutting Main Street. There shall be no other setback requirements except as may be necessary to accommodate utilities, drainage, access, fire and building code regulations and flood plain of live streams. (ii)Maximum Building Height: 60 feet. 1650530.6 18 2985509.10 EXHIBIT B to ORDINANCE 26-02 (iii)Maximum Site Coverage: 20% (iv)Minimum Lot Area: Not applicable. (e)Parking Requirements: As set forth in the Parking Regulations, and as provided therein, parking requirements may be satisfied by provision of off-site parking, including without limitation, off-site shared parking, in accordance with the Parking Regulations. (f)Supplemental Regulations: All development is further subject to the supplemental regulations set forth in Section I below. (g)Street Requirements: Streets are subject to the standards set forth in Exhibit F of this PUD Guide. 4.Planning Areas C and D - Village Residential Mixed Use Projects.. (a)Uses by Right: Except as specifically identified as Special Review Uses in Section D.4(b) below or specifically prohibited in Section D.4(c) below, the following Primary Uses and Accessory Uses: (i)Residential Uses. (ii)Short Term Rental(s). (iiiii)Commercial Uses that have frontage on Main Street. (iiiiv)Agricultural Use (as an Interim Use only). (ivv)Community Facilities. (vvi)Vacation Club and Temporally Divided Dwellings. (vivii)Mixed Use Projects (provided, however, no Uses specifically prohibited in Section D.4(c) below shall be included in such Mixed Use Project, and no Uses specifically identified as Special Review Uses in Section D.4(b) below shall be included except pursuant to the review and approval processes set forth in Section E below). (viiviii)Commercial Parking, Private Parking, Public Parking, and public and private transportation and transit facilities, including but not limited to, Parking Structures, Bus Stops, Bus Shelters, rail stations, tramways, gondolas and lifts. (viiiix)Cabled Telecommunications Equipment, Cabled Television Facilities and Cabled Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. 1650530.6 19 2985509.10 EXHIBIT B to ORDINANCE 26-02 (ixx) Wireless Telecommunications Equipment (excluding antenna towers), Wireless Telecommunications Facilities (excluding antenna towers) and Wireless Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (xxi)Infrastructure. (xixii)Dry Utilities. (xiixiii)Indoor recreation and/or entertainment facilities. (xiiixiv) Outdoor recreation and/or entertainment facilities that do not include the use of amplified music. (xivxv)Parks and Open Space. (xvxvi)Minor Home Occupations. (xvixvii)Planning Area C Only: (1)Pedestrian bridges. (2)Hotel, Motel and Lodge. (3)Bed and Breakfast. (xvii)Planning Area D Only: (1)Recycling Facility and accessory trash facility (as an Interim Use only). (xviii)Accessory Uses and Structures customarily appurtenant to the foregoing Uses by Right. (xix)Additional Uses which the Director determines to be similar to the foregoing Uses by Right. (b)Special Review Uses: The following Uses shall be permitted pursuant to the review and approval processes set forth in Section E below: (i)In Planning Area D having frontage on Main Street only: (1)Hotel, Motel and Lodge. (2)Bed and Breakfast. (3)Educational facilities, including but not limited to, public and private schools, universities, colleges and Child Care Centers. 1650530.6 20 2985509.10 EXHIBIT B to ORDINANCE 26-02 (4)Hospitals. (5)Heliport, only as an Accessory Use to a Hospital or other medical facility, including but not limited to a clinic. (6)Religious Facilities, museums, libraries and public buildings. (7)Outdoor entertainment facilities that include the use of amplified music (subject to the review and written approval of the Design Review Board authorizing such Use). (ii)Rock and gravel crushing operations related to rock and gravel materials excavated within The Village (at Avon) PUD, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (iii)Wireless Telecommunications Equipment (antenna towers only) and Wireless Telecommunications Facilities (antenna towers only), each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (iv)Pursuant to Section D.4(d)(ii)(2), Building Height greater than 60 feet. (c)Prohibited Uses: (i)Automobile Repair Shops (Major). (ii)Animal Boarding (outdoor). (iii)Industrial Uses. (iv)Kennels (outdoor). (v)Mobile Homes. (vi)Medical Marijuana Businesses. (vii)Nude Entertainment Establishments. (viii)Outdoor Storage, except as specifically identified as a Special Review Use in Section D.4(b). (ix)Recycling Processing Center. (x)Service Stations. 1650530.6 21 2985509.10 EXHIBIT B to ORDINANCE 26-02 (xi)Tattoo parlor, body piercing. (d)Building Envelope Requirements: (i)Minimum Building Setbacks: (1)Front:25 feet (2)Side:None (3)Rear:10 feet (4)Southerly boundary of Planning Area D: 20 feet (ii)Maximum Building Height: 48 feet. (1)60 feet, and a maximum of five Stories (except as otherwise provided pursuant to Section D.4(b)(iv)). (2)For any Building (or portion of a Building) located 250 or more feet north of the southerly Property boundary: 74 feet and a maximum of six Stories as a Special Review Use pursuant to Section D.4(b)(iv). (iii)Minimum Landscaped Area: 20% (iv)Minimum Lot Area: Not applicable. (e)Residential Density Maximum: 1840 Dwelling Units per acre. (f)Parking Requirements: As set forth in the Parking Regulations. (g)Supplemental Regulations: All development is further subject to the supplemental regulations set forth in Section I below. (h)Street Requirements: Streets are subject to the standards set forth in Exhibit F of this PUD Guide. 1650530.6 22 2985509.10 EXHIBIT B to ORDINANCE 26-02 5.Planning Area E – School.. (a)Purpose: To mitigate the impact of the Residential Uses proposed for development within The Village (at Avon) by providing land for school needs generated by the Residential Uses proposed for development within The Village (at Avon) directly for the benefit of the children of the Town as reasonably necessary to serve The Village (at Avon) and future residents thereof. (b)Uses by Right: The following Primary Uses and Accessory Uses: (i)Educational uses, limited to use as a state authorized or state accredited educational facility serving grades K-12-12 (or any portion of such grades). (ii)Agricultural Use (as an Interim Use only). (iii)Subject to prior written approval from the Design Review Board authorizing such Uses, the following education-related Uses: (1)Child Care FacilitiesCenter. (2)Pre-school facilities. (3)Community/adult educational facilities. (4)Cultural and/or art classes. (5)Recreational facilities. (6)Museums. (iv)Infrastructure. (v)Dry Utilities. (vi)Such other cultural/community service oriented Uses and facilities as the Design Review Board may authorize in writing. (c)Building Envelope Requirements: (i)Minimum Building Setbacks: (1)Front: 25 feet (2)Side: 7.5 feet (3)Rear: 10 feet 1650530.6 23 2985509.10 EXHIBIT B to ORDINANCE 26-02 (ii)Maximum Building Height: 35 feet. (iii)Minimum Lot Area: Not applicable. (d)Parking Requirements: As set forth in the Parking Regulations. (e)Supplemental Regulations: All development is further subject to the supplemental regulations set forth in Section I below. (f)Street Requirements: Streets are subject to the standards set forth in Exhibit F of this PUD Guide. 6.Planning Areas F, G, H and I – Regional Commercial Mixed Use Projects.. (a)Uses by Right: Except as specifically identified as Special Review Uses in Section D.6(b) below or specifically prohibited in Section D.6(c) below, the following Primary Uses and Accessory Uses: (i)Commercial Uses, provided, however, no single retail business on Planning Area F shall occupy more than 60,000 of consolidated Gross Square Footage. (ii)Residential Uses. (iii)Mixed Use Projects (provided, however, no Uses specifically prohibited in Section D.6(c) below shall be included in such Mixed Use Project, and no Uses specifically identified as Special Review Uses in Section D.6(b) below shall be included except pursuant to the review and approval processes set forth in Section E below). (iv)Agricultural Uses (as an Interim Use only). (v)Community Facilities. (vi)Cabled Telecommunications Equipment, Cabled Television Facilities and Cabled Telecommunications Services, each of the foregoing being subject to review and written approval of such Use by the Design Review Board. (vii)Wireless Telecommunications Equipment (excluding antenna towers), Wireless Telecommunications Facilities (excluding antenna towers) and Wireless Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (viii)Infrastructure. (ix)Dry Utilities. 1650530.6 24 2985509.10 EXHIBIT B to ORDINANCE 26-02 (x)Private and public transportation and transit, including without limitation, Bus Stops, Bus Shelters, rail stations, tramways, gondolas and lifts. (xi)Religious Facilities, museums, libraries and public buildings. (xii)Indoor recreation and/or entertainment facilities that do not include the use of amplified music. (xiii)Outdoor entertainment facilities that include the use of amplified music (subject to review and written approval of such Use by the Design Review Board). (xiv)Outdoor recreation and/or entertainment facilities that do not include the use of amplified music. (xv)Parks and Open Space. (xvi)Child Care Center. (xvii)Animal Boarding (excluding outdoor Animal Boarding), subject to review and written approval by the Design Review Board authorizing such Use. (xviii)Kennels (excluding outdoor Kennels), subject to review and written approval by the Design Review Board authorizing such Use. (xix)Construction staging (as an Interim Use only). (xx)Planning Areas F and I Only: (1) Recycling Facility. (xxi)Planning Area I Only: (1)Pedestrian and vehicular bridges, bridge abutments and improvements reasonably related thereto. (2)Automobile Repair Shops (Major and Minor). (3)Light Industrial Uses. (xxii)Additional Uses which the Director determines to be similar to the foregoing Uses by Right. (xxiii)Accessory Uses and Structures customarily appurtenant to the foregoing Uses by Right. (b)Special Review Uses: The following Uses shall be permitted pursuant to the review and approval processes set forth in Section E below: 1650530.6 25 2985509.10 EXHIBIT B to ORDINANCE 26-02 (i)Single retail businesses onin Planning Area F occupying more than 60,000 of consolidated Gross Square Footage. (ii)Educational facilities including, but not limited to public and private schools, universities, and colleges. (iii)Service Station. (iv)Animal Boarding (outdoor), subject to review and written approval by the Design Review Board authorizing such Use. (v)Kennels (outdoor), subject to review and written approval by the Design Review Board authorizing such Use. (vi) Rock and gravel crushing operations related to rock and gravel materials excavated within The Village (at Avon) PUD. (vii)Heliport, only as an Accessory Use to a Hospital or other medical facility, including but not limited to a clinic (subject to review and written approval by the Design Review Board authorizing such Use). (viii)Wireless Telecommunications Equipment (antenna towers only) and Wireless Telecommunications Facilities (antenna towers only), each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (ix)Planning Areas F, G and H Only: (1)Animal Boarding (outdoor). (2)Kennels (outdoor). (3)Hospitals. (x)Planning Area I Only: (1)Hotel Uses (including without limitation, hotel Uses comprising a portion of a Mixed Use Project) which exceed 55 feet in Building Height. (c)Prohibited Uses: (i)Heavy Industrial Uses. (ii)Medical Marijuana Businesses. (iii)Nude Entertainment Establishments. 1650530.6 26 2985509.10 EXHIBIT B to ORDINANCE 26-02 (iv)Planning Areas F, G and H Only: (1)Automobile Repair Shops (Major). (2)Family Child Care Home. (3)Group Home. (4)Mobile Homes. (5) Recycling Processing Center. (6)Tattoo parlor, body piercing. (d)Building Envelope Requirements: (i)Minimum Building Setbacks: (1)Commercial Uses: a.Front:25 feet b.Side:None c.Rear:10 feet d.Abutting Interstate 70 or railroad right-of-wayright-of-way: 20 feet (2)Industrial Uses: a.Front:25 feet b.Side:7.5 feet c.Rear:10 feet d.Abutting Interstate 70 or railroad right-of-way: 20 feet (3)Residential Uses: a.Front:25 feet b.Side:7.5 feet c.Rear:10 feet 1650530.6 27 2985509.10 EXHIBIT B to ORDINANCE 26-02 d.Abutting Interstate 70 or railroad right-of-wayright-of-way: 20 feet e.A Building having a Building Height exceeding 48 feet on Planning Area F only: (i) abutting existing Post Boulevard: 40 feet; and (ii) abutting current East Beaver Creek Boulevard (future Main Street): 100 feet (4)Vertically-integrated Mixed Use Projects: a.Front:25 feet b.Side:None c.Rear:10 feet d.Abutting Interstate 70 or railroad right-of-wayright-of-way: 20 feet e.A Building having a Building Height exceeding 48 feet on Planning Area F only: (i) abutting existing Post Boulevard: 40 feet; and (ii) abutting current East Beaver Creek Boulevard (future Main Street): 100 feet (ii)Maximum Building Height: (1)Commercial Uses: a.Hotel Uses (including without limitation, hotel Uses comprising a portion of a Mixed Use Project) on Planning Area I only: 55 feet, provided that such Uses may be permitted up to a maximum Building Height of 135 feet as specifically identified as a Special Review Use in Section D.6(b). b.Hospitals onin Planning Area I only: 80 feet. c.All other Commercial Uses: 48 feet. (2)Industrial Uses: 48 feet. (3)Residential Uses: a.Single-familySingle-family Dwellings and Duplex Dwellings: 35 feet. b.Multi-family Dwellings on Planning Areas G, H and I: 48 feet. 1650530.6 28 2985509.10 EXHIBIT B to ORDINANCE 26-02 c.Multi-family Dwellings on Planning Area F only: 58 feet, and not to exceed four Stories. (4)Vertically-integrated Mixed Use Projects (except as set forth in Section D.6(d)(ii)(1) with respect to hotels comprising a portion of a Mixed Use Project): a.On Planning Areas G, H and I: 48 feet. b.On Planning Area F only: 58 feet, and not to exceed four Stories. (iii)Minimum Landscaped Area: 20%. (iv)Minimum Lot Area: Not applicable. (v)Maximum Site Coverage: 50% on Planning Area F only (e)Residential Density Maximum: (i)Planning Area F: 22 Dwelling Units per acre. (ii)Planning Areas G and H: 18 Dwelling Units per acre. (iii)Planning Area I:Subject to this Section D.6(e)(iii),15 Dwelling Units per acre, subject to the following: Notwithstanding anything to the contrary set forth in Title 15 or any other provision of the Municipal Code cul-de-sacs may exceed 1,000 feet in length and service not more than 280 Dwelling Units within Planning Area I, and that the portion of a cul-de-saccul-de-sac that is in excess of 1,000 feet shall not service Commercial Uses. With respect to any cul-de-saccul-de-sac located both within and outside of Planning Area I, (i) no Dwelling Units served by the portion of such cul-de-sac located outside of Planning Area I shall be counted toward the foregoing 280 Dwelling Unit limitation; and (ii) the portion of any such cul-de-sac located within Planning Area I shall be deemed separate and distinct from, and not included with, any portion of the same cul-de-sac located outside of Planning Area I for purposes of calculating the Dwelling Units counted toward the foregoing 280 Dwelling Unit limitation. (f)Parking Requirements: As set forth in the Parking Regulations. (g)Supplemental Regulations: All development is further subject to the supplemental regulations set forth in Section I below. (h)Street Requirements: Subject to Section D.6(e)(iii), streets are subject to the standards set forth in Exhibit F of this PUD Guide. 1650530.6 29 2985509.10 EXHIBIT B to ORDINANCE 26-02 7.Planning Area J – Regional/Neighborhood Commercial and Residential Mixed Use Projects.. (a)Uses by Right: Except as specifically identified as Special Review Uses in Section D.7(b) below or specifically prohibited in Section D.7(c) below, the following Primary Uses and Accessory Uses: (i)Residential Uses. (ii)Short Term Rental(s). (iiiii)Commercial Uses. (iiiiv)Mixed Used Projects; provided, however, (a) no Uses specifically prohibited in Section D.7(c) below shall be included in such Mixed Use Project, and (b) no Uses specifically identified as Special Review Uses in Section D.7(b) below shall be included except pursuant to the review and approval processes set forth in Section E below. (ivv)Automobile Repair Shops (Minor). (vvi)Community Facilities. (vivii)Agricultural Use (as an Interim Use only). (viiviii)Cabled Telecommunications Equipment, Cabled Television Facilities and Cabled Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (viiiix) Wireless Telecommunications Equipment (excluding antenna towers), Wireless Telecommunications Facilities (excluding antenna towers) and Wireless Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (ixx)Infrastructure. (xxi)Dry Utilities. (xixii)Bus Stops, Bus Shelters, tramways, gondolas and lifts. (xiixiii)Recreational facilities. (xiiixiv)Parks and Open Space. (xivxv)Additional uses which the Director determines to be similar to Uses by right. 1650530.6 30 2985509.10 EXHIBIT B to ORDINANCE 26-02 (xvxvi)Accessory Uses and Structures customarily appurtenant to Uses by Right. (b)Special Review Uses: The following Uses shall be permitted pursuant to the review and approval processes set forth in Section E below: (i)Child Care Center. (ii)Religious Facilities, museums, libraries and public buildings. (iii)Rock and gravel crushing operations related to rock and gravel materials excavated within The Village (at Avon) PUD. (iv)Wireless Telecommunications Equipment (antenna towers only) and Wireless Telecommunications Facilities (antenna towers only), each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (c)Prohibited Uses: (i)Automobile Repair Shops (Major). (ii)Medical Marijuana Businesses. (iii)Nude Entertainment Establishments. (iv)Tattoo parlor, body piercing. (d)Building Envelope Requirements: (i)Building Setback Requirements: (1)Residential Uses: a.Front:2010 feet (except as provided below). b.Side:10 feet (except as provided below). c.Rear:10 feet (except as provided below). (2)Commercial Uses: a.Front:2010 feet (except as provided below). b.Side:None (except as provided below). c.Rear:10 feet (except as provided below). 1650530.6 31 2985509.10 EXHIBIT B to ORDINANCE 26-02 (3)Notwithstanding the foregoing, the minimum Building Setback abutting the Interstate 70 right-of-way shall be 20 feet. (ii)Maximum Building Height: (1)Commercial (excepting Hotel, Motel and Lodge Uses) and Light Industrial Uses: 48 feet. (2)Residential Uses: a.Single-family Dwellings and Duplex Dwellings: 35 feet. b.Multi-family Dwellings: 48 feet. (32)Vertically-integratedResidential Uses and Vertically-integrated Mixed Use Projects:4860 feet, and a maximum of five Stories. (43)Hotel, Motel and Lodge Uses: 55 feet. (iii)Minimum Landscaped Area: 20% (iv)Minimum Lot Area: Not applicable. (e)Residential Density Maximum: 18 Dwelling Units per acre. (f)Parking Requirements: As set forth in the Parking Regulations. (g)Supplemental Regulations: All development is further subject to the supplemental regulations set forth in Section I below. (h)Street Requirements: Streets are subject to the standards set forth in Exhibit F of this PUD Guide; provided, however, (i) Section A.4(g)(ii) of Exhibit F of this PUD Guide shall not apply to Planning Area J and,and notwithstanding anything to the contrary set forth in Title 15 or any other provision of the Municipal Code,with respect to all or any portion of any cul-de-saccul-de-sac located within Planning Area J, there is no restriction on the length of such cul-de-sac, service to Commercial Uses by the cul-de-saccul-de-sac or the number of Dwelling Units that may be served by the cul-de-saccul-de-sac; and (ii) notwithstanding any contrary provision of Section A.1(viii) of Exhibit F of this PUD Guide, if Road E (as conceptually illustrated in Exhibit F of this PUD Guide) does not connect at the roundabout at Post Boulevard and Swift Gulch Road and instead connects directly to future Swift Gulch Road (conceptual) east of such roundabout, the street typ e (i.e., rural local road, urban local road, etc.) of the portion of future Swift Gulch Road located between the roundabout and the connection point to Road E will be determined in accordance with a traffic study produced pursuant to the requirements of the Development Code.. 1650530.6 32 2985509.10 EXHIBIT B to ORDINANCE 26-02 8.Planning Area K - Hillside Residential.. (a)Uses by Right: Except as specifically prohibited in Section D.8(b) below, the following Primary Uses and Accessory Uses: (i)Single-Family Dwelling. (ii)Duplex Dwelling. (iii)Community Housing Units. (iiiiv)Primary/Secondary Structure. (ivv)Agricultural Use (as an Interim Use only). (vvi)Cabled Telecommunications Equipment, Cabled Television Facilities and Cabled Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (vivii) Wireless Telecommunications Equipment (excluding antenna towers), Wireless Telecommunications Facilities (excluding antenna towers) and Wireless Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (viiviii)Infrastructure. (viiiix)Dry Utilities. (ixx)Recreational facilities. (xxi)Parks and Open Space. (xixii)Religious Facilities, including without limitation, cemeteries. (xiixiii)Conceptual Lot 1 (as depicted on the PUD Master Plan) Only: Homeowner association facilities including, but not limited to, a caretaker unit (as a Secondary Structure), clubhouse, recreational facilities and other similar facilities and amenities. (xiiixiv)Accessory Uses and Structures customarily appurtenant to Uses by Right. (xivxv)Additional uses which the Director determines to be similar to Uses by Right. 1650530.6 33 2985509.10 EXHIBIT B to ORDINANCE 26-02 (b)Special Review Uses: (i)Rock and gravel crushing operations related to rock and gravel materials excavated within The Village (at Avon) PUD. (ii)Wireless Telecommunications Equipment (antenna towers only) and Wireless Telecommunications Facilities (antenna towers only), each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (c)Prohibited Uses: (i)Commercial Uses (except as specifically included in Sections D.8(a) or D.8(b)). (ii)Industrial Uses. (d)Building Envelope Requirements: The layout, location, size and number of Lots within Planning Area K as depicted on the PUD Master Plan are conceptual, non-binding and provided only for illustrative purposes only. The precise layout, location, size and number of Lots and the precise location of the Building Envelope for each Lot within Planning Area K will be as established by and reflected in the Final Plat creating the Lot, and shall be based on various site specific features of the Lot such as the topography, grade, natural vegetation and similar matters, but shall generally comply with the following requirements unless such compliance is determined to be impractical or unreasonable. (i)Minimum Building Setbacks: (1)Front:25 feet (except as set forth below). (2)Side:20 feet (except as set forth below). (3)Rear:20 feet (except as set forth below). (4)For conceptual Lot 1 (as depicted on the PUD Master Plan): 20 feet from the property line, except as otherwise required to accommodate utilities, drainage, access, fire and building code regulations, and the flood plain of live streams. (ii)Maximum Building Height: 35 feet. (iii)Maximum Site Coverage: (1)Single-Family Residential Uses: the lesser of (a) 1 acre of the applicable Lot; or (b) 80% of the applicable Lot, provided that the final Site coverage shall be the Building Envelope for each Lot on the Final Plat 1650530.6 34 2985509.10 EXHIBIT B to ORDINANCE 26-02 creating the applicable Lot, provided further that, in any event, such Building Envelope shall comply with the requirements of this Section. (2)All other Uses: the final Site coverage shall be the Building Envelope for each Lot on the Final Plat creating the applicable Lot, provided further that, in any event, such Building Envelope shall comply with the requirements of this Section. (iv)Minimum Lot Area: 1 acre. (e)Residential Density Maximum:Subject to this Section D.8(e), cul-de-sacsNotwithstanding anything to the contrary set forth in Title 15 or any other provision of the Municipal Code, cul-de-sacs may exceed 1,000 feet in length and service not more than 280 Dwelling Units in the aggregate within Planning Area K and Planning Area RMF-1-1; provided, however, the portion of a cul-de-saccul-de-sac that is in excess of 1,000 feet shall not service Commercial Uses except those Commercial Uses specifically included in Sections D.8(a) or D.8(b). With respect to any cul-de-saccul-de-sac portions of which are located both within and outside of Planning Area K, (i) no Dwelling Units served by the portions of such cul-de-saccul-de-sac located outside of Planning Area K, excepting any Dwelling Units located within Planning Area RMF-1-1 and served by such cul-de-sac, shall be counted toward the foregoing 280 Dwelling Unit limitation; and (ii) the portion of any such cul-de-sac located within Planning Area K shall be deemed separate and distinct from, and not included with, any portion of the same cul-de-saccul-de-sac located outside of Planning Area K, excepting any portion of such cul-de-saccul-de-sac located within Planning Area RMF-1-1, for purposes of calculating the Dwelling Units counted toward the foregoing 280-Dwelling Unit limitation. (f)Parking Requirements: As set forth in the Parking Regulations. (g)Supplemental Regulations: All development is further subject to the supplemental regulations set forth in Section I below. (h)Street Requirements: Subject to Section D.8(e) , streets are subject to the standards set forth in Exhibit F of this PUD Guide. 9.Planning Areas RMF 1 and RMF 2 - Residential Multi-Family.. (a)Uses By Right: The following Primary Uses and Accessory Uses: (i)Residential Uses. (ii)Community Facilities. (iii)Preschool, nursery school,in-homein-home child care and Child Care Center as an Accessory Use to a Residential Use. 1650530.6 35 2985509.10 EXHIBIT B to ORDINANCE 26-02 (iv)Agricultural Use (as an Interim Use only). (v)Bed and Breakfast, Vacation Club,and Temporally Divided Dwellings and short-term rentals. (vi)Infrastructure. (vii)Dry Utilities. (viii)Cabled Telecommunications Equipment, Cabled Television Facilities and Cabled Telecommunications Service, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (ix)Wireless Telecommunications Equipment (excluding antenna towers), Wireless Telecommunications Facilities (excluding antenna towers) and Wireless Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (x)Recreational facilities. (xi)Temporary real estate offices and construction offices. (xii)Residential management office. (xiii)Accessory Uses and Structures customarily appurtenant to Uses by Right. (xiv)Additional uses which the Director determines to be similar to Uses by Right. (xv)Planning Area RMF-1-1 Only: (1)Assisted living facilities. (xvi)Planning Area RMF-2-2 Only: (1)Pedestrian bridges. (b)Special Review Uses: (i)Religious Facilities, museums, libraries and public buildings. (ii)Group Home. (iii)Commercial Parking, Private Parking and Public Parking. (iv)Bus Stops, Bus Shelters, tramways, gondolas and lifts. 1650530.6 36 2985509.10 EXHIBIT B to ORDINANCE 26-02 (v)Wireless Telecommunications Equipment (antenna towers only) and Wireless Telecommunications Facilities (antenna towers only), each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (vi)Planning areaArea RMF-1-1 Only: (1)Rock and gravel crushing operations related to rock and gravel materials excavated within The Village (at Avon) PUD. (c)Prohibited Uses: (i)Commercial Uses (except as specifically included in Sections D.9(a) or D.9(b)). (ii)Industrial Uses. (iii)Mobile Homes. (d)Building Envelope Requirements: (i)Building Setback Requirement: 20 feet from Interstate-70 right-of-way 70 right-of-way, provided there shall be no other setback requirements except as may be necessary to accommodate utility improvements, lines and mains, facilities, services and buildings. (1)Front:20 feet. (2)Side:10 feet. (3)Rear:10 feet. (ii)Maximum Building Height: (1)Single-familySingle-family Dwellings and Duplex Dwellings: 35 feet. (2)Multi-family Dwellings: 48 feet. (3)Commercial: 48 feet. (iii)Minimum Landscaped Area: 20%. (iv)Minimum Lot Area: Not applicable. (e)Residential Density Maximum: (i)Planning Area RMF-2-2: 12 Dwelling Units per acre. 1650530.6 37 2985509.10 EXHIBIT B to ORDINANCE 26-02 (ii)Planning Area RMF-1: Subject to this Section D.9(e)(ii),-1: 6 Dwelling Units per acre; provided, however, cul-de-sacs, subject to the following: Notwithstanding anything to the contrary set forth in Title 15 or any other provision of the Municipal Code, cul-de-sacs may exceed 1,000 feet in length and service not more than 280 Dwelling Units in the aggregate within Planning Area K and Planning Area RMF-1-1; provided, further however, the portion of a cul-de-saccul-de-sac that is in excess of 1,000 feet shall not service Commercial Uses except those Commercial Uses specifically included in Sections D.9(a) or D.9(b). With respect to any cul-de-saccul-de-sac portions of which are located both within and outside of Planning Area RMF-1-1, (i) no Dwelling Units served by the portions of such cul-de-saccul-de-sac located outside of Planning Area RMF-1-1, excepting any Dwelling Units located within Planning Area K and served by such cul-de-saccul-de-sac, shall be counted toward the foregoing 280 Dwelling Unit limitation; and (ii) the portion of any such cul-de-saccul-de-sac located within Planning Area RMF-1-1 shall be deemed separate and distinct from, and not included with, any portion of the same cul-de-saccul-de-sac located outside of Planning Area RMF-1-1, excepting any portion of such cul-de-saccul-de-sac located within Planning Area K, for purposes of calculating the Dwelling Units counted toward the foregoing 280 Dwelling Unit limitation. (f)Parking Requirements: As set forth in the Parking Regulations. (g)Supplemental Regulations: All development is further subject to the supplemental regulations set forth in Section I below. (h)Street Requirements: Subject to Section D.9(e)(ii), streets are subject to the standards set forth in Exhibit F of this PUD Guide. 10.Planning Areas P1-P3: Parkland-.. (a)Uses By Right: Except as specifically identified as Special Review Uses in Section D.10(b) below or specifically prohibited in Section D.10(c) below, the following Primary Uses and Accessory Uses: (i)Agricultural Use (as an Interim Use only). (ii)Community Facilities (subject to review and written approval of such Uses by the Design Review Board). (iii)Equestrian, pedestrian and bicycle trails. (iv)Landscape improvements. (v)Indoor and outdoor, sports, training and recreation facilities. (vi)Lakes, ponds, reservoirs and irrigation ditches. 1650530.6 38 2985509.10 EXHIBIT B to ORDINANCE 26-02 (vii)Parks, picnic facilities and temporary entertainment for special events. (viii)Open Space. (ix)Infrastructure. (x)Dry Utilities. (xi)Cabled Telecommunications Equipment, Cabled Television Facilities and Cabled Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (xii)Wireless Telecommunications Equipment (excluding antenna towers), Wireless Telecommunications Facilities (excluding antenna towers) and Wireless Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (b)Special Review Uses: (i)Rock and gravel crushing operations related to rock and gravel materials excavated within The Village (at Avon) PUD. (ii)(iii) Wireless Telecommunications Equipment (antenna towers only) and Wireless Telecommunications Facilities (antenna towers only), each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (c)Prohibited Uses: (i)Residential Uses. (ii)Commercial Uses (except as specifically included in Sections D.10(a) or D.10(b)). (iii)Industrial Uses. (d)Building Envelope Requirements: (i)Building Setback Requirement: No minimum except must be sufficient to accommodate utilities, drainage, access, fire and building code regulations and flood plain of live streams. (ii)Maximum Building Height: 35 feet. (iii)Maximum Site Coverage: Not applicable. 1650530.6 39 2985509.10 EXHIBIT B to ORDINANCE 26-02 (iv)Minimum Lot Area: Not applicable. (e)Parking Requirements: As set forth in the Parking Regulations. (f)Supplemental Regulations: All development is further subject to the supplemental regulations set forth in Section I below. (g)Street Requirements: Streets are subject to the standards set forth in Exhibit F of this PUD Guide. 11.Planning Areas OS1 – 0S7OS7: Natural Open Space.. (a)Uses By Right: Except as specifically identified as Special Review Uses in Section D.11(b) below or specifically prohibited in Section D.11(c) below, the following Primary Uses and Accessory Uses: (i)Agricultural Use (as an Interim Use only). (ii)Equestrian, pedestrian and bicycle trails. (iii)Landscape improvements. (iv)Cabled Telecommunications Equipment, Cabled Television Facilities and Cabled Telecommunications Services. (v)Wireless Telecommunications Equipment (excluding antenna towers), Wireless Telecommunications Facilities (excluding antenna towers) and Wireless Telecommunications Services, each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (vi)Infrastructure. (vii)Dry Utilities. (viii)Snow storage. (ix)Public or private roads and utilities including but not limited to utility improvements, lines and mains, facilities, services and buildings; provided, however, such uses which are located in Planning Area OS6 shall be oriented on a generally north-south axis. (x)OS1 – 0S5OS5 and OS7: (1)Lakes, ponds, reservoirs and irrigation ditches. (2)Park and picnic facilities and related parking. 1650530.6 40 2985509.10 EXHIBIT B to ORDINANCE 26-02 (xi)OS5 and OS6 (subject to review and written approval of such Uses by the Design Review Board): (1)Community Facilities. (2)Recreational Uses including public river access. (3)Pedestrian and vehicular access, roads, bridges, bridge abutments and improvements reasonably related thereto. (b)Special Review Uses: (i)Rock and gravel crushing operations related to rock and gravel materials excavated within The Village (at Avon) PUD. (ii)OS6 only: The following Uses shall be permitted pursuant to the review and approval processes set forth in Section E below: (1)Lakes, ponds, reservoirs and irrigation ditches. (2)Park and picnic facilities and related parking (subject to review and written approval of such Uses by the Design Review Board). (iii)Wireless Telecommunications Equipment (antenna towers only) and Wireless Telecommunications Facilities (antenna towers only), each of the foregoing being subject to review and written approval by the Design Review Board authorizing such Use. (c)Prohibited Uses: All Uses other than Uses by Right and Special Review Uses specifically listed above. (d)Building Envelope Requirements: (i)Building Setback Requirement: Not applicable. (ii)Maximum Building Height: Not applicable. (iii)Maximum Site Coverage: Not applicable. (iv)Minimum Lot Area: Not applicable. (v)Minimum Lot Area: Not applicable. (e)Parking Requirements: As set forth in the Parking Regulations. (f)Supplemental Regulations: All development is further subject to the supplemental regulations set forth in Section I below. 1650530.6 41 2985509.10 EXHIBIT B to ORDINANCE 26-02 (g)Street Requirements: Streets are subject to the standards set forth in Exhibit F of this PUD Guide. 12.Planning Areas PF-1 –-2 and PF-3: Public Facility.. (a)Uses By Right: Except as specifically identified as Special Review Uses in Section D.12(b) below or specifically prohibited in Section D.12(c) below, the following Primary Uses and Accessory Uses: (i)Agricultural Use (as an Interim Use only). (ii)Public Facilities. (iii)Landscape improvements. (iv)Infrastructure. (v)Dry Utilities (subject to review and written approval of such Use by the Design Review Board). (vi)Within Tract E, Final Plat, The Village At Avon Filing 3 (Planning Area PF-3-3), and Tract F, Final Plat, The Village At Avon Filing 3 as amended (Planning Area PF-2-2), in accordance with and subject to the terms and conditions of Ordinance No. 06-1606-16: (1)emergency services facilities such as ambulance, fire protection; and (2)similar uses and services as determined by the Director. (b)Special Review Uses: The following Uses shall be permitted pursuant to the review and approval processes set forth in Section E below: (i)Lakes, ponds, reservoirs and irrigation ditches. (ii)Park and picnic facilities and related parking. (c)Prohibited Uses: All Uses other than Uses by Right and Special Review Uses specifically listed above. (d)Building Envelope Requirements: (i)Building Setback Requirement: Not applicable. (ii)Maximum Building Height: 35 feet. (1)Planning Area PF-1: 48 feet. 1650530.6 42 2985509.10 EXHIBIT B to ORDINANCE 26-02 (2)Planning Areas PF-2 and PF-3: 35 feet. (iii)Maximum Site Coverage: Not applicable. (iv)Minimum Landscaped Area: 20%. (v)Minimum Lot Area: Not applicable. (e)Parking Requirements: As set forth in the Parking Regulations. (f)Supplemental Regulations: All development is further subject to the supplemental regulations set forth in Section I below. (g)Street Requirements: Streets are subject to the standards set forth in Exhibit F of this PUD Guide. 13.Planning Areas CH-1 and CH-2 – Community Housing (a)Purpose: To mitigate the impact of the proposed development within The Village (at Avon) by providing land for Community Housing Units needs generated by the Uses proposed for development within The Village (at Avon) as reasonably necessary to serve The Village (at Avon) and future residents thereof. (b)Uses by Right: Except as specifically identified as Special Review Uses in Section D.13(c) below, or specifically prohibited in Section D.13(d) below, the following Primary and Accessory Uses: (i)Community Housing Units, subject to the limitations set forth in Section I.15 of the Community Housing Plan. (ii)Infrastructure. (iii)Dry Utilities. (iv)Accessory Uses and Structures customarily appurtenant to Uses by Right. (v)Planning Area CH-2, within Lot 5, Final Plat, The Village (at Avon) Filing 1 Only: (1)Public Facilities. (c)Special Review Use: (i)Child Care Center as an Accessory Use to Community Housing Units. (d)Prohibited Uses: 1650530.6 43 2985509.10 EXHIBIT B to ORDINANCE 26-02 (i)Commercial Uses (except as specifically included in Sections D.13(b) or D.13(c)). (ii)Industrial Uses. (iii)Mobile Homes. (iv)Short-Term Rentals. (e)Building Envelope Requirements: (i)Minimum Building Setbacks: (1)Front: a.For Planning Area CH-1: 10 feet b.For Planning Area CH-2: 25 feet (2)Side: None (3)Rear: 10 feet (ii)Maximum Building Height: (1)Planning Area CH-1 : 48 feet (2)Planning Area CH-2: 60 feet (iii)Residential Density Maximum: (1)Planning Area CH-1: Maximum of 36 Dwelling Units. (2)Planning Area CH-2: Maximum of 40 Dwelling Units. (iv)Minimum Landscaped Area: 20% (v)Minimum Lot Area: Not applicable. (f)Parking Requirements: As set forth in the Parking Regulations. (g)Street Requirements: Streets are subject to the standards set forth in Exhibit F of this PUD Guide. (h)Special Community Housing Unit Provisions. (i)All development is further subject to the supplemental regulations set forth in Section I below. 1650530.6 44 2985509.10 EXHIBIT B to ORDINANCE 26-02 (ii)Domestic water service to serve the 76 Community Housing Units contemplated within Planning Areas CH-1 and CH-2 pursuant to Section D.13(e)(iii) will be supplied from the Water Bank’s (as defined in Section 3.4(a) of the Development Agreement) potable water, while water service for any associated landscaping will be supplied from the Water Bank’s (as defined in Section 3.4(a) of the Development Agreement) non-potable water. Water service to serve any uses and/or density within Planning Areas CH-1 and CH-2 beyond the permitted maximum density set forth in Section D.13(e)(iii) will not be supplied from the Water Bank (as defined in Section 3.4(a) of the Development Agreement) without Master Landowner’s prior written approval. (iii)The Community Housing Units in Planning Area CH-1 and CH-2 will count toward satisfaction of the number of Community Housing Units required pursuant to Section I.15(a) of the Community Housing Plan. E.SPECIAL REVIEW USE.. 1.Special Review Use Permit.. (a)A Special Review Use shall require a special review use permit prior to the issuance of a building permit or the commencement of the use identified as a Special Review Use in the Development Standards. (b)A Special Review Use shall not be considered a Use by Right without review and approval, as set forth in Section E.2 below, nor shall a Special Review Use be permitted unless the Design Review Board approves a development plan for the applicable Site. (c)The procedural and substantive requirements set forth in this Section E constitute the sole and exclusive special review use regulations applicable within The Village (at Avon) PUD and expressly supersede any additional or conflicting provisions of the Municipal Code. 2.Application Filing and Processing.. (a)An Application with required materials (see Section E.3 below) shall be filed with Community Development. Only complete submittals shall be accepted. (b)Staff shall review the Application in accordance with the criteria established in this section and present the Application at a public hearing, which public hearing before the Planning and Zoning Commission shall be in accordance with Section 7.16.020(e) of the Development Code. (c)Developments and uses granted by special review use permit shall be developed or established in accordance with the timeframe provided in the approved special review use permit, or within two years of the date of approval if the timeframe is not established in the approved special review use permit. Subject to extension in accordance with Section E.5(b) below, failure to develop or establish such development 1650530.6 45 2985509.10 EXHIBIT B to ORDINANCE 26-02 or Uses in accordance with the timeframe established on the permit (or two years from the date of approval if no timeframe is established on the permit) shall result in the expiration of the permit. (d)A special review use permit is valid as long as conditions of approval are maintained by the Applicant, unless a specific time limit for the use is set forth as part of the approval. Subject to extension in accordance with Section E.5(b) below, if an approved Use ceases operation for any reason for a period of one year, the special review use permit shall be deemed expired. (e)If the conditions of a permit become the responsibility of a person or entity other than the Applicant, Community Development shall be notified in writing, identifying the new person or entity responsible for maintaining the conditions of the approval/permit. Until such notice is received, the Applicant shall remain responsible. Such notice shall be attached to the permit on file at Community Development. (f)If conditions of approval are not maintained, it shall be considered a violation of the Development Plan and the special review use permit shall be subject to revocation proceedings in accordance with the applicable provisions of the Municipal Code, the Design Review Guidelines and the Design Covenant. 3.Submittal Requirements for Special Review Use. Only complete submittals shall be accepted. No Application shall be deemed complete unless the Applicant has submitted to Community Development any or all of the following materials which are, in the opinion of the Director, relevant to the particular permit being requested: (a)A complete special review use permit Application and required fee; (b)A legal description of the parcel; (c)A site plan showing proposed Uses and structures on the property; (d)Scaled elevations and/or perspective drawings of any proposed structures; (e)A proposed development schedule indicating: (i)Date of the beginning of the Use and/or construction; (ii)Phases in which the project may be developed and the anticipated rate of development; (iii)The anticipated date of completion of the project; (f)Any agreements, provisions or covenants to be recorded; (g)Restoration or reclamation plans shall be required for all Uses requiring extensive grading, for extractive Uses, and may be required for other Uses as necessary; 1650530.6 46 2985509.10 EXHIBIT B to ORDINANCE 26-02 (h)A statement regarding any provisions for proper ongoing maintenance of the Use and site; (i)Any additional materials, which, in the opinion of the Director, are necessary to adequately review the Application. 4.Criteria for Review, Recommendation, and Approval of Special Review Uses. When evaluating an Application for a special review use permit, staff and the planning and zoning commission shall consider the following criteria: (a)Whether the proposed Use otherwise complies with all requirements imposed by the Development Plan; (b)Whether the proposed Use is compatible with adjacent uses. Such compatibility may be expressed in appearance, architectural scale and features, site design, and the control of any adverse impacts including noise, dust, odor, lighting, traffic, safety and other similar Development Standards; (c)Any significant adverse impacts (including but not limited to, hours of operation, traffic generation, lighting, noise, odor, dust, and other external impacts) anticipated to result from the use shall be mitigated or offset to the maximum extent practicable; and (d)Facilities and services (including sewage and waste disposal, water, gas, electricity, police and fire protection and roads and transportation, as applicable) shall be available to serve the subject property while maintaining adequate levels of service for existing development. 5.Amendments to Special Review Use Permit.. (a)No approved Special Review Use may be modified, structurally enlarged or expanded in ground area, unless such modification, enlargement or expansion receives the prior approval of the Planning and Zoning Commission, which shall be obtained by repetition of the granting procedures provided in this Section E or the Planning and Zoning Commission expressly authorizes modifications, enlargement or expansions of the Special Review Use in the prior approval of the Special Review Use. The Planning and Zoning Commission may authorize administrative approval of modifications, enlargement and expansion of Special Review Uses and may define a percentage or other parameter change to square footage of such Use, hours of operation, traffic or other aspects of the approved Special Review Use. (b)At least thirty (30) days prior to the expiration date of a special review use permit due to cessation of an approved Special Review Use for any reason for a period of one year, due to failure to develop or establish an approved Special Review Use in accordance with the timeframe established on the permit (or two years from the date of such approval if no timeframe is established on the permit) as provided for in Section E.2 above, or due to expiration of a term established in the Special Review Use approval, an Applicant may request, in writing, approval of an extension of such expiration date. The 1650530.6 47 2985509.10 EXHIBIT B to ORDINANCE 26-02 Director may administratively approve up to a one-year extension of an approved Special Review Use. The Planning and Zoning Commission may approve an extension of the Special Review Use for longer than one year in accordance with the procedures and criteria for review established in this Section E. F.TEMPORARY USES AND STRUCTURES. Temporary Uses and Structures shall be allowed in accordance with the substantive and procedural requirements of the Development Code; provided, however, no Temporary Use or Structure shall be permitted unless the Design Review Board approves a development plan for the applicable Site as evidenced by the issuance of a certificate of Design Review Board approval affixed to the Application. G.SUBDIVISION.. 1.General; Applicability.. (a)Except as modified by this Section G, the procedural and substantive requirements set forth Section 7.16.070 of the Development Code, as in effect on the date of execution of the Settlement Term SheetOctober 7, 2011, as attached as Exhibit IH to this PUD Guide, shall apply to Planning Areas A, B, C, D, E, F and, J, K, and RMF-1 (collectively, the “Administrative Subdivision Areas”). Notwithstanding the foregoing, if, subsequent to the Effective DateOctober 7, 2011, the Town amends from time to time Section 7.16.070 of the Development Code, the Master DeveloperLandowner, in its sole discretion, may consider amendment of this PUD Guide to incorporate such amended provisions herein, which amendment(s), if any, shall be processed in accordance with the administrative amendment procedure set forth in Section H.3. (b)Except as modified by Section G.1(c), subdivision within all Planning Areas excepting the Administrative Subdivision Areas shall be in accordance with Section 7.16.070 of the Development Code. (c)Subdivision review and approval shall not be required for any division of land within The Village (at Avon) for any of the following: (i) Creation of a lien, mortgage, deed of trust or any other security instrument; (ii)Creation of any interest in an investment entity; (iii)Creation of cemetery lots; (iv)Creation of an interest or interests in oil, gas, minerals or water that are severed from the surface ownership of real property; (v)Acquisition of an interest in land in the name of a husband or wife or other persons in joint tenancy, or as tenants in common of such interest, and any interest in common owned in joint tenancy shall be considered a single interest; 1650530.6 48 2985509.10 EXHIBIT B to ORDINANCE 26-02 (vi)Dedication of land for right-of-way or other public use, or conveyances relating to the vacation of land designated for public use, if subdivision review and approval is waived by the Town; (vii)Correction of a legal description in a prior conveyance, if subdivision review and approval is waived by the Town; (viii)Any transfer by operation of law or bequest; (ix)Lease of property (granting of leasehold interests) for any period of time; (x)Division of land created by the foreclosure, or provision of deed-in-lieu of foreclosure, of a lien, mortgage, deed of trust or any other security instrument. 2.Application Submittal Items. With respect to any submittal item for a Final Plat Application within the Administrative Subdivision Areas required by the Town, if the Applicant disagrees with the determination of staff or the Director, as applicable, with respect to the necessity of such submittal item or the required substance or required quality of such submittal item, the Town and the Applicant shall jointly appoint a third party having experience in engineering and subdivision matters to review the Final Plat Application and decide upon the appropriateness of requiring such submittal item or the appropriateness of the required substance or required quality of such submittal item, as applicable. Such third party’s determination shall be binding upon the Town and the Applicant. Notwithstanding the foregoing, in no event shall the Town require any submittal item for a Final Plat Application that relates to matters that are within the exclusive authority of the Design Review Board to approve, including without limitation, architectural design, landscape design, urban design and site design. 3.Procedure. Except as set forth in Section G.5, subdivisions, subdivision amendments and re-subdivisions within the Administrative Subdivision Areas (including without limitation, any amendments to or re-subdivisions of Lot 1, Final Plat of The Village (at Avon) Filing 1) shall require Final Plat review and approval only (no Preliminary Plan approval shall be required), which review and approval shall be administrative with an administrative decision rendered on such Final Plat by the Director. Public hearings shall not be required except as may be requested by the Applicant. Notice of a subdivision Application shall be posted and mailed to property owners within the vicinity of the property subject to the applicable Application in accordance with the requirements of the Development Code. Prior to the Director rendering a decision to reject or deny an Application, the Director shall give the Applicant prior written notice of the Director’s intent to reject or deny such Application, which notice shall include a good faith detailed accounting of the reasons for such intended rejection or denial and proposed recommendation(s) for satisfactorily addressing such deficiencies, and the Applicant shall have an opportunity to amend such Application prior to the Director finally rejecting or denying the Final Plat. The Director shall render a written decision on the Final Plat Application and shall post a notice of such decision in the same manner as the posting of Town ordinances, and the date of such posting shall be the date of the final decision of the Director for appeal purposes. 1650530.6 49 2985509.10 EXHIBIT B to ORDINANCE 26-02 4.Criteria for Review and Approval. Subject to this Section G.4, the Director shall consider the criteria set forth in Sections 7.16.070(e) and (f) of the Development Code, as in effect on the date of execution of the Settlement Term SheetOctober 7, 2011, when evaluating an Application for Final Plat approval, as modified as follows: (ia)The Director shall not consider the review criteria set forth in the following sections, which sections shall not apply to the Administrative Subdivision Areas: Sections 7.16.070(e)(5) & (9) and Sections 7.16.070(f)(2) & (3). (iib)The review criteria set forth in Section 7.16.070(e)(1) is modified as follows: The proposed subdivision shall comply with all applicable use, density, development and design standards set forth in this PUD Guide that have not been otherwise modified or waived through the alternative equivalent compliance process and that would affect or influence the layout of lots, blocks and streets. Applicants shall not create lots or patterns of lots in the subdivision that will make compliance with such development and design standards infeasible or impossible. (iiic)The review criteria set forth in Section 7.16.070(e)(3) is modified as follows: The subdivision application shall be consistent with the Comprehensive Plan and other community planning documents, as modified by the Development Plan. (ivd)The review criteria set forth in Section 7.16.070(e)(7) is modified as follows: The proposed utility and road extensions are consistent with the utility’s service plan and are consistent with the Comprehensive Plan and the Transportation Master Plan, as modified by the Development Plan. (ve)The review criteria set forth in Section 7.16.070(f)(4) is modified as follows: The development will substantially comply with all sections of the Development Code, as modified by the Development Plan. 5.Material Modification to Certain Street Connections.. (a)If there is any express or implied conflict between the terms and conditions of the Development Plan and the terms and conditions of the Transportation Master Plan, the Development Plan shall control. (b)If an Application for an Administrative Subdivision Area proposes an elimination of one or more of the following street connections (the “Required Street Connections”),the Director may, in the Director’s sole discretion, determine that such Application shall not be subject to administrative approval and may direct that such Application be submitted to Town Council for review and decision: (i) Main Street connection to Chapel Place; (ii)Main Street connection to Post Boulevard roundabout; 1650530.6 50 2985509.10 EXHIBIT B to ORDINANCE 26-02 (iii)East Beaver Creek Boulevard connection at northern boundary of Planning Area A to existing East Beaver Creek Boulevard adjacent to the Property; (iv)East Beaver Creek Boulevard connection at Post Boulevard connecting to Fawcett Road; and (v)Connection from westernmost roundabout on Main Street to East Beaver Creek Boulevard. (vi)Connection across Planning Area J located east of Post Boulevard/Swift Gulch Road roundabout to northeast corner of the “Forest Service parcel” located east of Planning Area J and west of Planning Area I. (c)For any Application for an Administrative Subdivision Area submitted to Town Council pursuant to Section G.5(b), Town Council shall render a decision on the Application after conducting a public hearing, and public notice of the Town Council hearing on such Application shall be given in accordance with the requirements of the Development Code. H.DEVELOPMENT PLAN AMENDMENT PROCEDURES.. 1.General.. (a)Amendments to this PUD Guide may be processed by the Town either formally or administratively, with the determination of the applicable procedure to be made in strict compliance with the terms and conditions of this Section H. (b)During the term of the Vested Property Rights, no amendment to or variance from the terms of the Development Plan, and no application for rezoning of all or any part of the property included within The Village (at Avon) PUD, shall be accepted for processing, or approved or undertaken by the Town without the prior written consent of the Master DeveloperLandowner. (c)Any such amendment shall contain the statement required pursuant to Section 7.16.140(d) of the Development Code, shall be processed and otherwise implemented in compliance with the terms and conditions set forth in Section A.3 above, and shall create Vested Property Rights for the duration of the term set forth in Section A.3 above. No such amendment shall divest, limit or otherwise impair any Vested Property Right set forth in Section A.3 above. (d)Prior to the Director or Council, as applicable, rendering a decision to reject or deny an Application for an amendment to the Development Plan, the Director or Council, as applicable, shall give the Applicant prior written notice of the Director’s, or Council’s, as applicable, intent to reject or deny such Application, which notice shall include a detailed accounting of the reasons for such intended rejection or denial and proposed recommendation(s) for satisfactorily addressing such deficiencies, and the Applicant shall have an opportunity within the timeframes afforded by the Development 1650530.6 51 2985509.10 EXHIBIT B to ORDINANCE 26-02 Code to amend such Application prior to the Director or Council, as applicable, finally rejecting or denying the Application. 2.Formal Amendments. Amendments to this PUD Guide which do not qualify for the administrative amendment process described in Section H.3 below shall follow the formal amendment process set forth in Section 7.16.060 of the Development Code, except that the provisions of Section H.1 above shall apply to all formal amendments of this PUD Guide. Nothing herein shall be deemed to prevent an Applicant from voluntarily choosing to apply for a formal amendment, or from appealing to Council or the courts the Director’s determination of eligibility for administrative amendment and/or denial of a request for an administrative amendment. 3.Administrative Amendments.. (a)Intent; Determination of Applicable Amendment Procedure. The intent of this Section H.3 is to provide a simplified amendment procedure for minor modifications to this PUD Guide. As used herein, the term “minor modifications” means an Application meeting the criteria stated Section H.3(b)(i) through H.3(b)(vi) below, which shall be processed as an administrative amendment application, and an Application meeting the criteria stated in Section H.3(b)(vii) below, which may be processed as an administrative amendment application in the discretion of the Director. (b)Qualifying Administrative Amendments. An Application for administrative amendment that complies with (I) the specific criteria for approval set forth in Sections H.3(b)(i) through H.3(b)(vi) below, as applicable, shall be processed and approved administratively, and shall be entitled to a presumption of compliance with the general criteria for approval set forth in Section H.3(b)(vii) below; or (II) the general criteria for approval set forth in Section H.3(b)(vii) below may be processed and approved administratively: (i)Density Allowance. Provided the aggregate number of Dwelling Units within Planning Areas A, C, D, F, G, H, J, K, RMF 1 and RMF 2 does not exceed 2,400, a ten percent (10%) increase in the number of Dwelling Units allowed within any Planning Area stated herein. (ii)Road Alignments. Changes to public or private street locations, internal circulation design/pattern or traffic capacity of the overall road network within the Property that has been approved by the Town and which may require a conforming amendment to this PUD Guide shall be processed and approved administratively. (iii)Public Improvements. Amendments to the Development Agreement, if any, that affect the scope of Public Improvements may require a conforming administrative amendment to this PUD Guide, if the revision affects Development Standards for a particular Site or Planning Area. (iv)Subdivision Related Changes Affecting Development Plans. If the Town approves any Preliminary Plan or Final Plat that incorporates any 1650530.6 52 2985509.10 EXHIBIT B to ORDINANCE 26-02 subdivision related element that is inconsistent or conflicts with any Development Standard or other element of this PUD Guide, including without limitation, any modifications to street extension(s) and/or street alignment(s) (including without limitation, elimination of the Required Street Connections), any conforming amendment to this PUD Guide that may be required shall be processed and approved administratively. Examples of subdivision related elements that may require a conforming amendment to this PUD Guide include, without limitation, lot line locations, right-of-way locations, internal public or private roadway locations, emergency access locations, utility locations, vacations, Planning Area boundaries, Building Envelope locations and/or areas, and other similar elements. Such conforming amendments shall apply only to the specific Lot(s) or Planning Area(s) affected by the Preliminary Plan or Final Plat the approval of which necessitated the conforming amendment. Any proposed elimination of a Required Street Connection that is not processed and approved in connection with a Preliminary Plan or Final Plat shall be subject to the formal amendment process set forth in Section H.2. (v)Planning Area Boundaries and Lot Lines. With the written consent of the Master DeveloperLandowner, an Applicant may amend the PUD Master Plan to increase or decrease the size of any Planning Area to conform the PUD Master Plan to an approved Final Plat or Application therefor that is being processed concurrently with such PUD Master Plan amendment. In addition, with the consent of the Master DeveloperLandowner, an Applicant may amend the PUD Master Plan to relocate or otherwise modify Lot lines and Planning Area boundaries and locations due to site planning or engineering considerations that are not directly associated with an approved or in-process Final Plat or other Application. The foregoing PUD Master Plan amendments and any other conforming amendments to this PUD Guide (to the extent that such modifications are necessary or desirable in connection with such PUD Master Plan amendments) shall be processed and approved administratively so long as the size of largest affected Planning Area is not increased or decreased by more than 10 percent. [e.g., if Planning Area X is 30 acres and Planning Area Y is 10 acres and abuts Planning Area X, Planning Area X (being the larger of the two planning areas) may be increased by three acres (30 acres X 10% = 3 acres) and Planning Area Y may be decreased by the corresponding three acres, and such amendment to the PUD Master Plan shall be administratively approved.] The relocation of an entire Planning Area to another location within The Village (at Avon) PUD shall follow the formal amendment process. (vi)Certain Text Amendments. Amendments to this PUD Guide as contemplated by Section A.1 (Definitions) and, Section G (Subdivision) and, Section I.15 (AffordableCommunity Housing Plan), and Exhibit C (Parking Regulations) shall be processed and approved administratively. Any amendment to this PUD Guide shall be processed and approved administratively. If the Master DeveloperLandowner, in its sole discretion, submits an Application to the Town to amend this PUD Guide to substitute Chapter 15.30 of the Municipal 1650530.6 53 2985509.10 EXHIBIT B to ORDINANCE 26-02 Code for the lighting standards set forth in Exhibit E, such amendment, if any, shall be processed and approved administratively. (vii)Compatible and Adequately Mitigated Modifications. In addition to the specific criteria for approval set forth in Sections H.3(b)(i) through H.3(b)(vi) above, the Director may approve Applications that request modifications to Development Standards which comply with the following general criteria for approval: (1)are not materially incompatible with immediately adjacent Uses; and (2)are not fundamentally inconsistent with the Development Standards set forth in this PUD Guide other than the specific Development Standard addressed by the requested amendment; and (3)incorporate measures which adequately address significant impacts, if any, to immediately adjacent Uses. (c)Procedure. (i)Applicants must meet with the Director or his or her designated representative prior to submittal of an administrative amendment request (unless waived by the Director) in order to obtain input into the appropriateness of the request and the materials required to be submitted with the request. (ii)Upon a complete submittal of the required materials, the Director shall determine, within fifteen (15) days after submittal of the request, the completeness of the request and whether it qualifies to be processed administratively. With respect to administrative amendments contemplated in Section H.3(b)(vi), the Director’s review shall be limited to signing off on the form of instrument submitted by the Applicant for recording in the real property records for the County of Eagle, State of Colorado pursuant to Section H.3(c)(v). (iii)If the administrative amendment request complies with Sections H.3(b)(i) through H.3(b)(vii) above, as applicable, it shall be processed administratively and the Director is authorized to approve the request. If the request does not comply with Sections H.3(b)(i) through H.3(b)(vii), as applicable, Section H.2 above shall apply to the request. (iv)The Applicant may appeal any action or decision of the Director with respect to an administrative amendment request to Council by filing a written request for such appeal with the Town Clerk by not later than 5:00 p.m. on the 30th day following the action or decision being appealed. Such appeal may request a review of the Director’s determination of an Application’s eligibility for administrative processing and/or the Director’s decision to deny or approve with conditions an administrative amendment Application. 1650530.6 54 2985509.10 EXHIBIT B to ORDINANCE 26-02 (v)Upon approval of an administrative amendment, the Applicant shall submit to Community Development a revised PUD Guide, or applicable portion thereof. Such revised documentation shall be signed by the Master DeveloperLandowner, the owner(s) of record and the Director, will be kept on file at Community Development, and shall be recorded in the real property records for the County of Eagle, State of Colorado. 4.Modifications Not Requiring Amendment.. (a)No amendment (formal or administrative) to the Development Plan, or applicable component thereof, shall be required to modify the following Development Standards: (i)Maximum and Minimum Development Standards. No amendment shall be required for (x) reductions to density allowance, maximum Building Height, square footage allowance and Site Coverage Development Standards, or (y) increases to minimum Building Setback, Lot Area and parking requirements. (ii)Planning Area K Building Envelopes. No PUD Guide amendment shall be required with respect to the establishment of the final Building Envelope of a Lot or Site within Planning Area K, it being the intent of this PUD Guide that Building Envelopes within Planning Area K shall be established only pursuant to a Final Plat as otherwise set forth in this PUD Guide. (b)If a modification to this PUD Guide does not require an amendment pursuant to this Section H.4, the Applicant shall submit to Community Development a revised PUD Guide setting forth such modification. Such revised documentation shall be signed by the Master DeveloperLandowner and the owner(s) of record, will be kept on file at Community Development, and shall be recorded in the real property records for the County of Eagle, State of Colorado. I.SUPPLEMENTAL REGULATIONS.. 1.Interim Uses. Interim Uses shall be permitted within The Village (at Avon) PUD as follows: (a)The following Uses or structures, in existence from time to time prior to development of the applicable portion of The Village (at Avon) PUD, shall be considered approved Interim Uses without the requirement of further action, but subject to approval, modification and/or termination as provided above in connection with Design Review Board processing of applications therefor in accordance with the Design Review Guidelines and Design Covenant: (i)Agricultural Uses within undeveloped portions of The Village (at Avon) PUD generally. 1650530.6 55 2985509.10 EXHIBIT B to ORDINANCE 26-02 (ii)The rodeo and ancillary carnival use within Planning Area A to the extent of such use for the last three years including a maximum 20% expansion of the square footage of the existing rodeo area and related parking and expansion of seasonal timeframe of operations (expansion in excess of 20% or expansion of hours of operation shall require a Temporary Use permit). (iii)Driving course and accessory hospitality services related to automobile demonstrations, promotions and sales in Planning Area A, not to exceed 10 days in the aggregate in a calendar year, provided that such Use exceeding 10 days in the aggregate in a calendar year shall require a Temporary Use permit. (iv)Recycling Facility and trash drop-off within Planning Areas A and D existing as of the Effective Date. (v)Snow storage within undeveloped portions of The Village (at Avon) PUD generally. (vi)The Mobile Home office/storage Use existing as of the Effective Date and community garden within Planning Area A. (b)Agricultural and snow storage Uses (unless specifically designated as ana Prohibited Use within the applicable Planning Area) shall be permitted on undeveloped land within all Planning Areas until such time as the Town approves an initial building permit Application for construction of a Building on the applicable Site, provided that such Uses may continue on the portion of the applicable Planning Area for which a building permit Application has not been approved by the Town. 2.Solid Fuel Burning Devices. Development within The Village (at Avon) PUD shall comply with Chapter 15.24, Solid Fuel Burning Devices, of the Municipal Code, as in effect on the date of execution of the Settlement Term SheetOctober 7, 2011. 3.Signs. Signs shall be permitted in all Planning Areas within The Village (at Avon) PUD provided they are in conformance with Design Review Guidelines, the terms and requirements of which comprise the sole and exclusive sign regulations within the Village (at Avon) PUD and expressly supersede any sign regulations set forth in the Municipal Code. All signage and streetscape improvements, including any future modifications to built signage and streetscape improvements, located within public rights-of-way within The Village (at Avon) shall be in conformance with the Manual of Uniform Traffic Control Devices for Streets and Highways. Except as otherwise provided in this Section I.3, the Design Review Board is the sole and exclusive authority for approval of signs within The Village (at Avon) PUD. The Town has approval authority with respect to confirming that signs and landscaping approved by the Design Review Board in the public rights-of-way within The Village (at Avon) PUD relating to safety and traffic control comply with the Manual of Uniform Traffic Control Devices for Streets and Highways. Sign installation shall be subject to the requirements of Section 15.28.050(c) of the Municipal Code. 1650530.6 56 2985509.10 EXHIBIT B to ORDINANCE 26-02 4.Parking Requirements. Parking within The Village (at Avon) shall be in conformance with Parking Regulations set forth in Exhibit C to this PUD Guide, which shall be the sole and exclusive parking regulations applicable within The Village (at Avon) PUD and which expressly supersede any parking regulations set forth in the Municipal Code, including without limitation, any additional or conflicting such provisions. Notwithstanding the foregoing, parking within The Village (at Avon) shall comply with the requirements of the Americans with Disabilities Act and any other applicable federal regulations as may be amended and as may be applicable in accordance with the provisions of such federal regulations. 5.Surface Parking Landscaping Requirements. A 10’ wide perimeter landscape buffer shall be installed and maintained for all outdoor surface parking lots within The Village (at Avon) PUD, except for points of ingress and egress to the parking lot, and except for those portions of the perimeter that abut existing or planned outdoor surface parking areas. The landscaping plan for such landscape buffers shall comply with applicable provisions of the Design Review Guidelines, and shall be subject to prior approval of the Design Review Board. 6.Drainage Requirements.. (a)In addition to the Town’s drainage provisions, the following provisions shall also apply to drainage: (i)Floodplains that are a result of manmade structures can be eliminated by enlarging the existing drainage conveyance facilities such that excessive backwater/floodplains would be diminished, but in no event shall such enlargement of existing facilities cause an increase in the 100-year flood level elevation on adjacent or downstream properties. (ii)If demonstrated that the release of flows directly into the Eagle River does not result in an increase of the 100-year flood level elevation of the Eagle River, such developed releases shall be allowed. This determination shall be based upon analysis of the Eagle River basin hydrograph and the site-developed hydrograph being combined. (b)In processing any Application for development within the Property, the Town shall incorporate the assumptions of the drainage study prepared by David Johnson for the Property (the “Johnson Study”) with respect to reducing the calculated stormwater flows, management and detention requirements based on the mitigating effect of vegetation within the Property. The assumptions set forth in the Johnson Study shall govern and control over any conflicting provisions or assumptions in the Town’s drainage master plan, as may be amended from time to time; provided, however, if the Town amends its drainage master plan, which amendment results in less restrictive or less burdensome provisions than set forth in the Johnson Study, such less restrictive or less burdensome provisions in the Town’s drainage master plan shall apply to the Property. 7.Sidewalk and Trail Standards. The minimum sidewalk and trail width standards shall be as follows: 1650530.6 57 2985509.10 EXHIBIT B to ORDINANCE 26-02 (a)Sidewalk: Except as set forth in Exhibit F, 4’ minimum width for local streets and 6’ minimum width for collector and arterial streets. (b)Multi-use trails: 8’ minimum width. 8.Alternative Equivalent Compliance and Variances. Deviations from strict application of a standard or requirement of the Development Code shall be considered by the Town on a case by case basis in accordance with (a) Section 7.16.120 (alternative equivalent compliance) of the Development Code, provided that such deviations may only be considered by the Town for those subject matters expressly set forth in Section 7.16.120; or (b) Section 7.16.110 (variances) of the Development Code. 9.Supplemental Design Standards: Planning Area J Hotel, Motel and Lodge Requirements. The following supplemental design and improvement standards shall apply to any Hotel, Motel and Lodge Uses developed within Planning Area J (“Supplemental Hotel Design Standards”) in addition to other applicable design standards set forth in this PUD Guide, including without limitation, the Minimum Design Guideline Standards. Compliance with these Supplemental Hotel Design Standards shall be confirmed by the Design Review Board and the Director prior to issuance of any building permit for a Building designated for Hotel, Motel and Lodging Uses. Deviations from these Supplemental Hotel Design Standards may be considered and approved in accordance with Section 7.16.120 (alternative equivalent compliance) of the Development Code. The Supplemental Hotel Design Standards are as follows: (a)Exterior Building Materials and Color. (i)Requirements (1)A minimum of 20% of the vertical surfaces on each side of the exterior building elevation shall be comprised of stone, brick, precast concrete or cast stone. (2)Colors shall have a LRV (Light Reflective Value) of sixty (60) or less. (3)All window frames shall be metal clad or alloy extrusions. (ii)Prohibited (1)Colors shall not have a LRV greater than sixty (60). (2)Asphalt siding, imitation brick, asbestos cement shingles or siding, imitation log siding, aluminum or vinyl siding and exterior insulated finishing system (EIFS) are not permitted. (3)Reflective glass shall not be permitted. (b)Roofs. 1650530.6 58 2985509.10 EXHIBIT B to ORDINANCE 26-02 (i)Pitched (1)All pitched roofs shall be no less than a four-to-twelvefour-to-twelve (4:12) slope. (2)Roof materials shall be unglazed concrete tiles, slate, copper, zinc, standing seam pre-patina metal (CorTen or equivalent) or synthetic shakes. Solar and thermal collectors are permitted. (3)Overhangs are required. Buildings of two (2) stories or less shall have an overhang of no less than eighteen (18) inches, measured from the point where the wall meets the roof. Three (3) to four (4) story Buildings shall have an overhang of no less than twenty-fourtwenty-four (24) inches, measured from the point where the wall meets the roof. (ii)Flat. Flat roofs shall have concrete pavers or stone ballast. Grass roofs and solar and thermal collectors are permitted. (c)Screening. All mechanical, communications and electrical equipment (wall and roof mounted) shall be screened from view of the adjacent street level with siding and/or roofing materials consistent with the Structure. All vent terminations, flashings, flues, safety apparatus and similar features shall utilize adjacent materials. (d)Articulation. Walls shall not span more than fifty (50) feet horizontally without a minimum of two (2) feet variation in the horizontal wall plane. Walls shall not span more than thirty (30) feet on any floor level without a minimum of one (1) architectural element. 10.Wildlife Mitigation Plan. Development within The Village (at Avon) PUD shall comply with the Wildlife Mitigation Plan attached as Exhibit D to this PUD Guide, which is and shall constitute the sole and exclusive wildlife mitigation measures required for The Village (at Avon) PUD and expressly supersedes any wildlife mitigation regulations set forth in the Municipal Code. 11.Design Review Guidelines.. (a)The Master DeveloperLandowner previously has prepared, and the Design Review Board previously has adopted, Design Review Guidelines which the Design Review Board utilized and shall utilize for review of all development proposals within The Village (at Avon). For portions of the Property south of Interstate 70 and all portions of the Property north of Interstate 70 other than Planning Area RMF-1-1 and Planning Area K, the Design Review Guidelines shall contain, among other matters, requirements and standards that meet or exceed the Minimum Design Review Standards. (b)The Master DeveloperLandowner or the Design Review Board may, in accordance with the terms and conditions of the Design Covenant and the Design Review Guidelines, as applicable, amend the approved and adopted Design Review Guidelines. 1650530.6 59 2985509.10 EXHIBIT B to ORDINANCE 26-02 Amendments to the Design Review Guidelines that do not conflict with any term of or are more stringent than any Development Standard established by this PUD Guide shall not require an amendment to this PUD Guide, and shall not require review by the Town. Amendments to the Design Review Guidelines which are less stringent than any Development Standard established by this PUD Guide may require an amendment to this PUD Guide which, in the discretion of the Director, may be processed formally or administratively pursuant to Section H of this PUD Guide. (c)The Design Review Board shall have primary responsibility for enforcing the Design Review Guidelines. If Council determines in good faith at a public hearing after notice to the Design Review Board (which notice shall be in writing and given no later than twenty (20) days prior to the date of such hearing by certified mail addressed to the President of the Design Review Board) that the Design Review Board is not properly enforcing the Design Review Guidelines, Council shall provide written notice to the Design Review Board of such determination. Such notice shall state with particularity the alleged failure and Council’s factual findings supporting such determination. If the Design Review Board fails to correct the stated deficiency within thirty (30) days after receipt of such notice, Council may, but shall not be obligated to, enforce the Design Review Guidelines with respect to the matters addressed in the notice. (d)Nothing in this Section I.11 shall be deemed to prevent Master DeveloperLandowner and/or the Design Review Board from appealing to the courts the disapproval of the Design Review Guidelines by the Town or enforcement of the Design Review Guidelines, or from pursuing in the courts any remedy otherwise available at law or in equity. 12.Natural Resource Protection. Development within The Village (at Avon) PUD shall comply with Section 7.28.100 of the Development Code, as in effect on the date of execution of the Settlement Term SheetOctober 7, 2011, except as set forth in this section or expressly exempted in Exhibit G to this PUD Guide. Notwithstanding any contrary provision of the Municipal Code, as in effect from time to time, development within The Village (at Avon) PUD may occur on slopes of thirty percent (30%) or greater for public improvements, other infrastructure improvements, streets, drive lanes, driveways, utilities and similar improvements. 13.Residential Fire Suppression Systems. All single-family and multi-family residential structures constructed in Planning Area RMF-1-1 and in Planning Area K shall include fire suppression sys tems as required by applicable Eagle River Fire Protection District regulations, as may be amended from time to time and applied on a uniform and nondiscriminatory basis within the Town. With Respect to Planning Area RMF-1-1 and Planning Area K, the Town may enforce the applicable Eagle River Fire Protection District regulations but may not adopt or apply any residential fire suppression system regulations which are more stringent or inconsistent with residential fire suppressions system regulations adopted by the Eagle River Fire Protection District for Planning Area RMF-1-1 and Planning Area K. 14.Park, Recreation and Trail Access. All parks, recreation and trails facilities the construction, maintenance and operation of which the “Districts” (as described in Exhibit F of the Development Agreement) finance shall be open, on a uniform and nondiscriminatory basis, 1650530.6 60 2985509.10 EXHIBIT B to ORDINANCE 26-02 to all residents of the Town at such times and subject to such rules and regulations as the Districts shall prescribe. Additionally, the Master DeveloperLandowner shall facilitate, but shall have no obligation to construct or install, non-motorized access through the Property to off-siteoff-site trail systems as follows, which obligations shall constitute the sole and exclusive off-site trail connection requirements for The Village (at Avon) PUD and expressly supersede any off-site trail connection regulations set forth in the Municipal Code: (a)Master DeveloperLandowner previously has provided a public trail head location in Planning Area RMF-2-2, connected by a trail to United States Forest Service property located north of Planning Area OS1, and Master Developer’sLandowner’s obligations with respect to public trail connectivity between Planning Area RMF-2-2 and Planning Area OS1 have thereby been fully satisfied as ofprior to the Effective Date; and (b)Master DeveloperLandowner shall facilitate, but shall not have the obligation to construct, a trail, sidewalk and/or road to be oriented on a generally east-west axis, and which shall cross the Property solely through Planning Areas I, J, P3, OS2 and RMF-2-2 and the most southerly quarter section of Planning Area K. Master DeveloperLandowner shall determine in its sole discretion the location within the Property of such trail, sidewalk and/or road. 15.AffordableCommunity Housing Plan. Master DeveloperLandowner will provide for affordable housing, or assure that others provide, for Community Housing Units within the Property at locations determined by Master DeveloperLandowner in its sole discretion and in accordance with the following terms, conditions and requirements set forth in this Section I.15. The obligations set forth in this Section I.15 shall constitute the sole and exclusive affordable or community housing requirements for The Village (at Avon) PUD and expressly supersede any affordable or community housing regulations set forth in the Municipal Code. Notwithstanding the foregoing, if, subsequent to the Effective DateAugust 1, 2014, the Town amends from time to time Section 7.20.100 of the Development Code, the Master DeveloperLandowner, in its sole discretion, may consider amendment of this PUD Guide to incorporate such amended provisions herein, which amendment(s), if any, shall be processed in accordance with the administrative amendment procedure set forth in Section H.3. (a)Master DeveloperLandowner will provide for a total of 500 affordable housing unitsCommunity Housing Units, or assure that the same are supplied by others, as set forth below.The greater of the number of Community Housing Units (x) permitted within Planning Areas CH-1 and CH-2 pursuant to Section D.13(e)(iii) and (y) actually constructed within Planning Areas CH-1 and CH-2, shall count towards the Property’s Community Housing Unit obligation, regardless of whether or when the Town causes the construction of such Community Housing Units. As of the Effective Date, Master DeveloperLandowner has provided 244 affordable housing units, and, therefore, Master Developer’s320 Community Housing Units [36 Community Housing Units permitted, but not yet constructed, in Planning Area CH-1 + 40 Community Housing Units permitted, but not yet constructed, in Planning Area CH-2 + 244 Community Housing Units in other areas of the Property = 320]. Therefore, Master Landowner’s obligation after the Effective Date is to provide, or assure others provide, the remaining 256 affordable housing units [500 – 244 = 256]180 Community Housing Units [500 – 320 = 180] (“Remaining Community Housing Units”). The Master DeveloperLandowner will have an obligation to provide the remaining 256 affordable housing units, or assure others provide, the Remaining Community 1650530.6 61 2985509.10 EXHIBIT B to ORDINANCE 26-02 Housing Units at such time as both of the following conditions have been satisfied: (i) the Town has issued final certificates of occupancy for Commercial Space within the Property in the aggregate of 650,000 square feet of consolidated Gross Square Footage; and (ii) the Town has issued final certificates of occupancy for an aggregate of 1,881 Dwelling Units. The foregoing calculationsconditions (i) and (ii) shall not include past or additional affordable housing unitsCommunity Housing Units and shall not include Commercial Space or Dwelling Units located within Planning Area I. (b)The Master DeveloperLandowner will have an obligation to provide an additional 23 affordable housing unitsCommunity Housing Units, or assure that the same are supplied by others, as set forth below and as follows:Thethe Master DeveloperLandowner will have the obligation to provide such additional 23 affordable housing unitsCommunity Housing Units only upon the satisfaction of the conditions precedent as set forth in this subsection. The Master DeveloperLandowner will have the obligation to provide 13 of the additional 23 affordable housing unitsCommunity Housing Units only upon the Town’s issuance of final certificates of occupancy for Commercial Space within the Property in the aggregate of 750,000 square feet of consolidated Gross Square Footage. The Master DeveloperLandowner will have the obligation to provide an additional 10 of such 23 affordable housing unitsCommunity Housing Units (for a total of 23 additional affordable housing unitsCommunity Housing Units) only upon the Town’s issuance of final certificates of occupancy for Commercial Space within the Property in the aggregate of 825,000 square feet of consolidated Gross Square Footage. (c)Priority in the sale and rental of the units will first go to people employed in the Property, second to people employed in the Town outside of the Property, and third to people employed in Eagle County outside of the Town; provided, however, that within Planning Area RMF-2 the priority in the rental of units qualified as required affordable housing units will first go to people employed in the Town and second to people employed in Eagle County outside of the Town.In accordance with the terms of the Original PUD, a minimum of 100 Community Housing Units,were constructed in conjunction with the initial phase of commercial and/or residential construction within the Property. The timing of the construction of the Remaining Community Housing Units shall be as described in Sections I.15(a) and I.15(b). (d)For-sale units will be targeted to households earning 80% - 120% of the Eagle County Median Family Income (the “ECMFI”) as determined by the Department of Housing and Urban Development guidelines or by the Town in the event such guidelines cease to be maintained by the Department of Housing and Urban Development.Not more than fifty percent (50%) of such units may be targeted for sale to households earning 120% of the ECMFI.The Town will administer all Community Housing Units in accordance with the Community Housing Policies. Maximum rents and income limits shall be determined by (i) the most recent Colorado Housing and Finance Administration Income Limits and Maximum Rent Tables for Eagle County; or (ii) a separate agreement or deed restriction between a Landowner and the Town for a 1650530.6 62 2985509.10 EXHIBIT B to ORDINANCE 26-02 particular Site, in which case said Dwelling Units shall count toward Master Landowner’s Community Housing Unit obligation set forth in this Section I.15. (e)For-sale units shall be deed restricted to require the following:Community Housing Units may be for-sale or for-rent. (i)The sale of units shall be restricted to “Qualified Buyers,” defined as follows:For-Sale Community Housing Units. (1)Unless agreed to by the Town and Master Landowner by separate agreement, for-sale Community Housing Units shall be restricted to (a) households earning up to 140% of the Area Median Income (or such higher Area Median Income as may be set forth in Section 7.20.100 of the Development Code or the Community Housing Policies), with household income calculated as a four-person household for all households, or (b) Qualified Employers (as such term is defined in the Community Housing Policies) in accordance with the Community Housing Policies. (2)For-sale Community Housing Units shall be subject to the Community Housing Unit deed restrictions in the form set forth in Appendix A of the Community Housing Policies or in a form approved by Town Council. (1)An owner who occupies the unit as his or her primary place of residence; (2)An owner who is a full time employee working at least thirty hours per week in the Town or Eagle County, or a retired person who has been a full time employee in the Town or Eagle County a minimum of four years immediately prior to his or her retirement, or a person having a medical disability who has been a full time employee in the Town or Eagle County a minimum of two years immediately prior to his or her determination of disability, or the spouse or dependent of any such persons who resides with them; (3)An owner whose household income does not exceed 120 percent of the ECMFI; and (4)An owner whose total current family net assets are not in excess of $225,000.00 ($337,500.00 for a retired person) or whose total current family net assets have not been in excess of $225,000 ($337,500 for a retired person) during the two years preceding if the same were transferred or disposed of to confer eligibility hereunder. The foregoing limitations shall annually be adjusted for inflation on the basis of the applicable Consumer Price Index (the “CPI”). For purposes of this subparagraph (4), the CPI shall mean Series ID: CUUSA433SA0 (All Urban Consumers; Not Seasonally Adjusted; Denver-Boulder-Greeley, CO; All items; Base Period 1982-84=100; 1st half of 1998 = 160.5). 1650530.6 63 2985509.10 EXHIBIT B to ORDINANCE 26-02 (ii)An annual price appreciation cap of 3%, or such higher percentage as the Town Council may approve from time to time, will be establishedFor-Rent Community Housing Units. (1)Unless agreed to by the Town and Master Landowner by separate agreement, for-rent Community Housing Units shall be restricted to households earning up to 120% of the Area Median Income (or such higher Area Median Income as may be set forth in Section 7.20.100 of the Development Code or the Community Housing Policies), with the maximum rent per bedroom of a Community Housing Unit not to exceed the rent applicable to 120% of the Area Median Income divided by the number of bedrooms in the Community Housing Unit. (iii)If and when an owner moves out of his or her unit, he or she will be required to sell his or her unit to Master Developer (which unit shall be resold or rented by Master Developer in accordance with this deed restriction) or a Qualified Buyer. (iv)The rental units will be targeted to households earning between 50% - 80% of the ECMFI. Rents shall not exceed 30% of the tenant’s monthly income, adjusted for household size, including utilities, for which allowances are determined annually by the Colorado Housing Finance Agency. (v)Capital improvements to a for-sale unit may be made up to ten percent (10%) of the original purchase price of the unit every ten (10) years. No restrictions on capital improvements shall be placed on rental units. (vi)In addition to the annual price appreciation, real estate commissions not to exceed three percent (3%) and closing costs shall be allowed for re-sales of for-sale units after the initial sales of such for-sale units by the Master Developer. (vii)First time home buyers shall be exempt from Real Estate Transfer Fees as set forth in the Development Agreement. (f)In accordance with the terms of the Original PUD, a minimum of 100 affordable housing units were constructed in conjunction with the initial phase of commercial and/or residential construction within the Project. The timing of the construction of the remaining affordable housing units by Master Developer (or Master Developer’s designee)shall be as described in Sections I.15(a) and I.15(b).Notwithstanding anything to the contrary herein, up to 85 of the Remaining Community Housing Units still to be provided as of the Effective Date may be resident-occupied Community Housing Units (either for sale or for rent) without regard to the Area Median Income level, subject to Master Landowner’s approval. If the Town and Master Landowner both approve, then more than 85 of the Remaining Community Housing Units may be provided within the Property as resident-occupied Community 1650530.6 64 2985509.10 EXHIBIT B to ORDINANCE 26-02 Housing Units (either for sale or for rent) without regard to the Area Median Income level. (g)Notwithstanding anything in the Community Housing Plan to the contrary, the Town may lease up to two Community Housing Units within Planning Area CH-2 to Town employees without regard to the Area Median Income level and at any rental amount, so long as each lease (inclusive of any extension or renewal thereof) does not exceed a period of 14 months. 16.Provision of Certain Amenities.. (a)Community Park (Planning Area P3). (i)Construction of the initial fifty percent (50%) of the community park shall be commenced prior to the date that the Town’s obligation arises to issue a certificate of occupancy for the Dwelling Unit constituting the 601st Dwelling Unit within the Property that otherwise is eligible to receive a certificate of occupancy. (ii)Construction of the second fifty percent (50%) of the community park shall be commenced prior to the date that the Town’s obligation arises to issue a certificate of occupancy for the Dwelling Unit constituting the 1200th Dwelling Unit within the Property that otherwise is eligible to receive a certificate of occupancy. (iii)Once commenced, construction of the improvements contemplated in (i) and (ii) above shall be prosecuted with due diligence in accordance with sound construction practices. (b)Pocket Parks (Planning Areas P1 and P2). (i)As of the Effective Date, the Master Developer and the Developer AffiliatesLandowner and the Affiliated Landowners have fully satisfied all obligations with respect to provision of a pocket park within Planning Area P2. (ii)The Master Developer and/or Developer AffiliatesLandowner and/or Affiliated Landowners shall dedicate to the Town a pocket park generally comprising Planning Area P1 contemporaneously with the Town’s approval of the first Final Plat within Planning Area C, provided that any and all improvements to and within Planning Area P1 shall be the sole responsibility of the Town. (c)Additional Parkland Dedication. As and when set forth in Section 3.7(d) of the Development Agreement, Master DeveloperLandowner and/or the Developer AffiliatesAffiliated Landowners shall dedicate certain additional parkland to the Town comprising 5.8 acres in the aggregate within Planning Areas K, J and I; provided however, Master DeveloperLandowner and/or the Developer AffiliatesAffiliated Landowners may, in their sole discretion, dedicate any or all of such additional parkland in Planning Areas A, C and/or D, which dedicated parkland may be adjacent to Planning 1650530.6 65 2985509.10 EXHIBIT B to ORDINANCE 26-02 Area P1 resulting in the enlargement or widening of Planning Area P1. Unless waived by the Director, such parkland shall comply with the following minimum requirements: (i)Minimum one-quarter (1/4) acre in size; (ii)Centrally located within, adjacent or to neighborhoods served; (iii)Sited to provide for public surveillance from adjacent or nearby streets; (iv)Accessible from the surrounding neighborhoods by sidewalks and/or trails; and (v)Unless dedicated for linear park purposes (i.e., multi-use trails, bikepaths, etc.), at least fifty percent (50%) of the dedicated parkland shall be well-drained and level. (d)Planning Area B. (i)Contemporaneously withPrior to the Effective Date and as contemplated by the Settlement Term Sheet, the Town has approved a Final Plat for Planning Area B and Traer Creek-RP hasCreek-RP executed and delivered to the Town a special warranty deed for the purpose of conveying to the Town fee simple ownership of Planning Area B, subject to the terms and conditions set forth in the special warranty deed and further subject to compliance with all applicable terms, conditions, regulations and requirements of this PUD Guide and the Design Covenant. (ii)At such time as the Town determines desirable, the Town shall be responsible for the cost of all design, construction, operation and maintenance of improvements within or upon Planning Area B. All such Uses and improvements within or upon Planning Area B shall be subject to review and written approval of the Design Review Board. (iii)As and when Master DeveloperLandowner determines it to be necessary or desirable in connection with development within Planning Areas that abut or are adjacent to Planning Areas B and upon submittal of an Application for such purposes, the boundaries of Planning Area B shall be modified pursuant to the administrative platting procedures set forth in Section G of this PUD Guide, subject to the following conditions: (1)The Town has not previously constructed improvements within or upon Planning Area B that make such modifications impossible or that would cause such modifications to unreasonably interfere with the Town’s operation and use of such previously constructed improvements; 1650530.6 66 2985509.10 EXHIBIT B to ORDINANCE 26-02 (2)Such modifications shall not result in a reduction in the aggregate acreage of Planning Area B without the Town’s written consent; (3)Concurrently with recording such Final Plat, the Town and the Applicant(s) shall exchange special warranty deeds conveying the applicable modified areas to the appropriate grantee, subject to matters of record and deed restrictions, if any, reasonably acceptable to the applicable grantee; and, (4)Such modifications may be accomplished as part of ana Final Plat that establishes Lots or Blocks with respect to the adjacent or abutting Planning Area(s), in the discretion of the Applicant. 1650530.6 67 2985509.10 EXHIBIT B to ORDINANCE 26-02 EXHIBIT A Legal Description Exhibit A- Page 1 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 WEST PARCEL Lot 1, Lot 2, Lot 3, Lot 4, Lot 5, Tract A, Tract B, Tract C, Tract D, Tract E, Tract F, Tract G and Tract H The Village (at Avon) Filing 2 according to the Final Plat of The Village (at Avon) Filing 2 recorded on May 28, 2002 at Reception No. 796831. STOLPORT Exhibit A- Page 2 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit A- Page 3 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Lot 2, Lot 3, Lot 4, Tract B and Tract E The Village (at Avon) Filing 1 According to the Final Plat The Village (at Avon) Filing 1 recorded on May 8, 2002 at Reception No. 795009. Lot 5, Lot 6, Tract A, Tract C, Tract D, Tract F and Tract G The Village (at Avon) Filing1 According to the Amended Final Plat The Village (at Avon) Filing 1 recorded November 18, 2004 at Reception No. 898173 Lot 2 and Lot 3 Amended Final Plat, The Village (at Avon) Filing 1 - A Resubdivision of Lot 1 According to the Second Amended Final Plat – Amended Final Plat, The Village (at Avon) Filing 1- A Resubdivision of Lot 1 recorded August 1, 2014 at Reception No. 201412782. Lot 7, Lot 8 and Tract H Amended Final Plat, The Village (at Avon) Filing 1 - A Resubdivision of Lot 1 According to the Third Amended Final Plat – Amended Final Plat, The Village (at Avon) Filing 1 - A Resubdivision of Lot 1 recorded August 15, 2019 at Reception No. 201913092. Lot 1, Lot 9, Tract H-1, Tract I and Tract F-1 Amended Final Plat, The Village (at Avon) Filing 1 - A Resubdivision of Lot 1 According to the Fourth Amended Final Plat – Amended Final Plat, The Village (at Avon) Filing 1 - A Resubdivision of Lot 1 recorded March 13, 2024 at Reception No. 202402670. Exhibit A- Page 4 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Town of Avon Eagle County, Colorado SOUTH PARCEL A (North of Railroad right-of-way) That part of the NE 1/4 of Section 17, Township 5 South, Range 81 West of the Sixth Principal Meridian, Eagle County, Colorado, according to the Dependent Resurvey of said Township and Range, accepted November 1, 1943 by the Department of the Interior General Land Office in Washington, D.C., lying north of the Denver & Rio Grande Western Railroad right-of-way line, described as follows: Beginning at the N 1/4 corner of said Section 17; thence S89°23'36"E 526.76 feet, along the northerly line of said NE 1/4 of Section 17, to the northerly right-of-way line of the Denver & Rio Grande Western Railroad; thence, departing said northerly line of Section 17, the following two courses along the northerly right-of-way line of the Denver & Rio Grande Western Railroad, said northerly right-of-way line being parallel with and 50 feet northerly of the centerline of the existing railroad tracks: (1) S80°36'27"W 267.66 feet; (2) 263.93 feet along the arc of a curve to the right, having a radius of Exhibit A- Page 5 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 2486.03 feet, a central angle of 06°04'58", and a chord which bears S83°38'57"W 263.81 feet, to the westerly line of said NE 1/4 of Section 17; thence N00°20'55"W 78.44 feet, along said westerly line, to the point of beginning containing 0.53 acres, more or less. SOUTH PARCEL B (South of Railroad right-of-way) That part of the NE 1/4 of Section 17, Township 5 South, Range 81 West of the Sixth Principal Meridian, Eagle County, Colorado, according to the Dependent Resurvey of said Township and Range, accepted November 1, 1943 by the Department of the Interior General Land Office in Washington, D.C., lying south of the Denver & Rio Grande Western Railroad right-of-way line and north of the centerline of the Eagle River, described as follows: Beginning at the Northeast corner of said Section 17; thence S01°41'49"E 96.93 feet, along the easterly line of said Section 17, to the True Point of Beginning; thence, continuing along said easterly line, S01°41'49"E 73.07 feet, to the centerline of said Eagle River; thence the following four courses along said centerline (Filum aquce): (1) N89°24'49"W 1037.9 feet; (2) N86°07'49"W 472.00 feet; (3) N89°29'49"W 538.00 feet; (4) S82°33'11"W 595.15 feet, to the westerly line of said NE 1/4; thence N00°20'55"W 49.18 feet, along said westerly line to the southerly right-of-way line of the Denver & Rio Grande Western Railroad; thence, departing said westerly line of Section 17, the following five courses along the southerly right-of-way line of the Denver & Rio Grande Western Railroad, said southerly right-of-way line being parallel with and 50 feet southerly of the centerline of the existing railroad tracks: (1) 279.72 feet along the arc of a curve to the left, having a radius of 2586.03 feet, a central angle of 06°11'51", and a chord which bears N83°42'23"E 279.58 feet; (2) N80°36'27"E 350.86 feet; (3) 686.44 feet along the arc of a curve to the right, having a radius of 3171.27 feet, a central angle of 12°24'07", and a chord which bears N86°48'31"E 685.10 feet; (4) S86°59'25"E 1216.38 feet; (5) 112.54 feet along the arc of a curve to the right, having a radius of 2549.33 feet, a central angle of 02°31'46". and a chord which bears S85°43'31"E 112.53 feet, to the True Point of Beginning, containing 5.28 acres, more or less. TRACT M Those parts of Sections 8 and 9, Township 5 South, Range 81 West of the Sixth Principal Meridian, Eagle County, Colorado, according to the Dependent Resurvey of said Township and Range, accepted November 1, 1943, by the Department of the Interior General Land Office in Washington, D.C., described as a whole as follows: Beginning at the W 1/16 corner of said Section 9 and Section 16 of said Township and Range; thence N89°55'04"W 1371.96 feet, along the southerly line of said SW 1/4 SW 1/4 to the Section corner of said Sections 8, 9, and 16 and Section 17 of said Township and Range; thence N01°32'00"E 3.82 feet, along the westerly line of said Section 9, to the northerly right-of-way line of the Denver & Rio Grande Western Railroad, said northerly right-of-way line being parallel with and 50 feet northerly of the centerline of the existing railroad tracks; thence the following two courses along said northerly right-of-way line: (1) 104.48 feet along the arc of a curve to the left, having a radius of 2649.33 feet, a central angle of 02°15'34", and a chord which bears N85°51'36"W 104.47 feet; (2) N86°59'25"W 1213.28 feet, to the westerly line of the SE 1/4 SE 1/4 of said Section 8; thence N00°51'07"E 717.58 feet, along said westerly line; thence, departing said westerly line, S89°55'04"E 2698.45 feet, to the easterly line of the SW 1/4 SW 1/4 of said Section 9, thence, along said easterly line, S01°33'13"W 790.94 feet, to the point of beginning, containing 47.70 acres, more or less. REVISED EAST PARCEL (Minus Tract M) Exhibit A- Page 6 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Those parts of Sections 7, 8, 9 & 10, Township 5 South, Range 81 West of the Sixth Principal Meridian, Eagle County, Colorado, according to the Dependent Resurvey of said Township and Range, accepted November 1, 1943 by the Department of the Interior General Land Office in Washington, D.C., described as a whole as follows: Beginning at the Northwest corner of said Section 8; thence the following four courses along the northerly line of said Section 8: (1) N88°40'41"E 1379.49 feet, to the W 1/16 corner of said Section 8 and Section 5 of said Township and Range; (2) N88°40'41"E 1379.49 feet, to the 1/4 corner of said Sections 8 and 5; (3) N88°42'58"E 1385.36 feet, to the E 1/16 corner of said Sections 8 and 5; (4) N88°42'58"E 1385.36 feet, to the corner of said Sections 5, 8 and 9 and Section 4 of said Township and Range; thence the following four courses along the northerly line of said Section 9: (1) N83°29'30"E 1386.63 feet, to the W 1/16 corner of said Sections 9 and 4; (2) N83°29'30"E 1386.64 feet, to the 1/4 corner of said Sections 9 and 4; (3) N83°24'12"E 1386.30 feet, to the E 1/16 corner of said Sections 9 and 4; (4) N83°24'12"E 1386.30 feet, to the corner of said Sections 4, 9 and 10 and Section 3 of said Township and Range; thence the following two courses along the northerly line of said Section 10: (1) N86°39'24"E 1381.29 feet, to the W 1/16 corner of said Sections 10 and 3; (2) N86°39'24"E 1299.94 feet; thence, departing said northerly line, S01°34'07"W 2699.66 feet, to the east-west centerline of said Section 10; thence, along said east-west centerline, S86°32'23"W 1304.06 feet, to the W 1/16 corner of said Section 10; thence S01°32'50"W 1349.33 feet, along the easterly line of the NW 1/4 SW 1/4 of said Section 10, to the SW 1/16 corner of said Section 10; thence S86°32'47"W 1384.91 feet, along the southerly line of said NW 1/4 SW 1/4, to the S 1/16 corner of said Sections 10 and 9; thence S77°10'15"W 1413.37 feet, along the southerly line of the NE 1/4 SE 1/4 of said Section 9, to the SE 1/16 corner of said Section 9; thence S01°33'02"W 1475.32 feet, along the easterly line of the SW 1/4 SE 1/4 of said Section 9, to the E 1/16 corner of said Section 9 and Section 16 of said Township and Range; thence S72°20'31"W 1450.43 feet, along the southerly line of said SW 1/4 SE 1/4, to the 1/4 corner of said Sections 9 and 16; thence N01°34'18"E 1601.52 feet, to the CS 1/16 corner of said Section 9; thence S86°07'30"W 1378.19 feet, along the southerly line of the NE 1/4 SW 1/4 of said Section 9, to the SW 1/16 corner of said Section 9; thence S01°33'13"W 715.42 feet, along the easterly line of the SW 1/4 SW 1/4 of said Section 9; thence, departing said easterly line, N89°55'04"W 2698.45 feet, to the westerly line of the SE 1/4 SE 1/4 of said Section 8; thence N00°51'07"E 620.19 feet, along said westerly line, to the SE 1/16 corner of said Section 8; thence N89°54'54"W 1333.58 feet, along the southerly line of the NW 1/4 SE 1/4 of said Section 8, to the CS 1/16 corner of said Section 8; thence N89°58'35"W 1366.46 feet, along the southerly line of the NE 1/4 SW 1/4 of said Section 8, to the SW 1/16 corner of said Section 8; thence S00°01'37"E 919.47 feet, along the easterly line of the SW 1/4 SW 1/4 of said Section 8, to the northerly right-of-way line of Interstate Highway No. 70, as described in the deed recorded in Book 223 at Page 982 in the office of the Eagle County, Colorado, Clerk and Recorder; thence the following ten courses along said northerly right-of-way line: (1) N65°30'20"W 249.79 feet; (2) N78°47'50"W 317.2 feet; (3) N83°08'20"W 506.7 feet; (4) 772.2 feet along the arc of a curve to the right, having a radius of 1462.0 feet, a central angle of 30°15'52", and a chord which bears N54°57'56"W 763.3 feet; (5) N34°37'50"W 331.1 feet; (6) N34°44'20"W 368.5 feet; (7) 804.9 feet along the arc of a curve to the left, having a radius of 1812.0 feet, a central angle of 25°27'04", and a chord which bears N51°29'50"W 798.3 feet; (8) N68°24'50"W 399.7 feet; (9) N49°47'20"W 213.6 feet; (10) N70°20'50"W 765.1 feet, to the northerly line of the SE 1/4 of said Section 7; thence the following two courses along said northerly line: (1) N89°50'40"E 1194.46 feet, to the CE 1/16 corner of said Section 7; (2) N89°50'40"E 1378.25 feet, to the 1/4 corner of said Sections 7 and 8; thence the following two courses along the westerly line of said Section 8: (1) N00°10'53"W 1369.09 feet, to the S 1/16 corner of said Sections 7 and 8; thence N00°10'53"W 1369.10 feet, to the point of beginning, containing 1421.24 acres, more or less. Exhibit A- Page 7 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 A PORTION OF WHICH “REVISED EAST PARCEL (Minus Tract M)” HAS BEEN PLATTED AND/OR REPLATTED AS: Tract A, Tract D, Tract E and Tract G The Village (at Avon) Filing 3 According to the Final Plat The Village (at Avon) Filing 3 recorded on June 29, 2004 at Reception No. 882176. Tract F The Village (at Avon) Filing 3 – A Reconfiguration of Tracts B and F According to the Amended Final Plat The Village (at Avon) Filing 3– A Reconfiguration of Tracts B and F recorded on May 9, 2007 at Reception No. 200712166. Block 2, Block 3, Block 4, Tract H-1, Tract H-2, Tract H-3, Tract I-1, Tract I-2, Tract I-3, Tract I-4 and Road A Avon Landing, a Replat of Tract H - The Village (at Avon) Filing No. 3 According to the Final Plat Avon Landing, a Replat of Tract H - The Village (at Avon) Filing No. 3 recorded on September 3, 2015 at Reception No. 201516730. Tract I and Tract J The Village (at Avon) Filing 4 According to the Final Plat The Village (at Avon) Filing 4 recorded on March 27, 2015 at Reception No. 201505284. Tract B and Tract I Amended Final Plat Tracts B and I, The Village (at Avon) Filing 3, Second Amended Final Plat a Resubdivision of Tract B recorded on May 20, 2022, at Reception No. 202209167. Lot 1 and Lot 2, Outlot A and Outlot B Amended Final Plat, Stolport Station, A Replat of Block 1, Avon Landing, A Replat of Tract H, The Village (at Avon) Filing 3 recorded on November 5, 2021, at Reception No. 202125052. LESS AND EXCEPTING FROM THE ABOVE DESCRIBED REVISED EAST PARCEL (minus Tract M): Parcel Number: 1 as conveyed to the Department of Transportation, State of Colorado by Special Warranty Deed dated September 26, 2003, recorded October 6, 2003, at Reception No. 852794, which Parcel Number: 1 is depicted on the Final Plat, The Village (at Avon) Filing 3, recorded on June 29, 2004, at Reception No. 882176, which Parcel Number: 1 is noted on such plat as Tract C, NOT A PART OF THIS PLAT, 6.732 ACRES. Exhibit A- Page 8 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 EXHIBIT B PUD Master Plan[Follows This Page] Exhibit B- Page 1 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit B- Page 1 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit B Page B-2 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit B- Page 2 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 EXHIBIT C The Village (at Avon) Parking Regulations A.Relationship to Municipal Code and Development Code. Parking within The Village (at Avon) PUD shall be in conformance with these Off Street Parking Regulations, which shall be the sole and exclusive parking regulations applicable within The Village (at Avon) PUD and which expressly supersede any parking regulations set forth in the Municipal Code or the Development Code, including without limitation, any additional or conflicting such provisions, Exhibit C- Page 1 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit C- Page 2 1650530.6 2985509.10 1 space Single-family or duplex All others 2 spaces / unit 2 spaces 1.Residential Land Use MINIMUM REQUIREMENTS Per accommodation unit including lockoffs: 3 spaces / unit for units over and no such provisions of the Municipal Code or Development Code apply to The Village (at Avon) PUD even if not otherwise addressed in these Off Street Parking Regulations or any other part of The Village (at Avon) PUD. Notwithstanding the foregoing, if subsequent to the Effective Date, the Town amends from time to time the parking regulations set forth in the Municipal Code or the Development Code, the Master Landowner, in its sole discretion, may consider amendment of this PUD Guide to incorporate such amended provisions herein, which amendment(s), if any, shall be processed in accordance with the administrative amendment procedure set forth in Section H.3. B.Parking Table. All required parking shall be provided in accordance with the parking requirements as set forth in the parking table or as otherwise allowed by these regulations. One bedroom 1 space Over one bedroom 2,500 sq. ft. not including garage 1 space plus ½ space for each additional bedroom in excess of one Guest parking spaces: Multifamily building and townhouses Multifamily and townhouses (includes Short Term Rentals) 3 - - 5 units 2 spaces Studio 5 - - 10 units 1 space 3 spaces Per dwelling Unit: 11 - - 15 units 4 spaces One bedroom 16 - - 20 units 1-1/2 spaces 5 spaces TYPE OF LAND USE 21 - - 25 units 6 spaces Per Short Term Rental EXHIBIT B to ORDINANCE 26-02 Exhibit C- Page 3 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit C- Page 4 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit C- Page 5 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit C- Page 6 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit C- Page 7 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit C- Page 8 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit C- Page 9 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit C- Page 10 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 F.Supplemental Parking Regulations for Planning Area CH-2 Community Housing Units. The following provisions apply only to Community Housing Units in Planning Area CH-2: 1.Parking Enforcement. As part of the Applicant’s submittal to the Design Review Board for any Building containing Community Housing Units, the Applicant must include a parking enforcement plan detailing the Applicant’s proposed parking program for future residents and guests and enforcement measures to ensure such residents and guests do not park off-site, and the Design Review Board and Master Landowner must review and approve such parking plan prior to the Town’s issuance of any building permits. 2.Lease Provisions. All leases for Community Housing Units must contain an express provision stating that residents and their guests may only utilize the parking provided for such use within Planning Area CH-2. Any off-site parking by residents or their guests will constitute a default under their lease. 3.Fencing. As part of the Applicant’s submittal to the Design Review Board for any Building containing Community Housing Units, the Applicant must include plans for fencing along the boundary between Planning Area CH-2 and Lot 4, The Village (at Avon), Filing 1, recorded in the real property records of Eagle County, Colorado on May 8, 2022 at Reception No. 795007. The Applicant will install such fencing approved by the Design Review Board before applying for a certificate of occupancy for such Buildings from the Town. Exhibit C- Page 11 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 EXHIBIT D Wildlife Mitigation Plan Exhibit D- Page 1 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 2 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 3 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 4 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 5 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 6 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 7 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 8 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 9 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 10 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 11 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 12 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 13 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit D- Page 14 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 EXHIBIT E Minimum Design Guideline Standards Exhibit E- Page 1 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 2 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 3 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 4 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 5 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 6 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 7 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 8 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 9 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 10 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 11 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 12 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 13 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 14 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 15 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 16 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 17 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 18 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 19 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 20 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit E- Page 21 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 EXHIBIT F Street StandardsA.Street Design and Improvement Standards. Development within The Village (at Avon) shall comply with the street design and improvement standards contained within Sections 7.28 and 7.32 of the Development Code, as modified by the standards set forth in this Exhibit F. 1.Street Descriptions and Types. (ia)Post Boulevard (constructed): this Urban Arterial Road extends south from Swift Gulch Road (constructed) to US 6 and has an interchange with I-70-70. Curb, gutter, and attached sidewalks are provided along both sides of the roadway, and on the eastern side only between Fawcett Rd. and Yoder Ave., within an 84’ -- 100’ R.O.W. The posted speed limit on Post Boulevard is 30 MPH, changing to 35 MPH at the north end. (iib)Yoder Avenue (constructed): this Urban Collector Cul-de-sac Road extends east from Post Boulevard (constructed) to the Cul-de-sac. Curb, gutter, and attached sidewalks are provided along both sides of the roadway, and on the south side only from Fawcett Rd. to the cul-de-sac, within a 60’ R.O.W. A center turn lane is provided. The posted speed limit is 25 MPH. (iiic)Fawcett Road (constructed): this Urban Collector Road extends between Post Boulevard (constructed) and Yoder Avenue (constructed). Curb, gutter, and sidewalk are provided along both sides of the roadway, and along the western side only from the Wal-Mart entry to Yoder Ave.,with-inwithin a 60’ – 71’ R.O.W. A center turn lane is provided. The posted speed limit is 25 MPH. (ivd)East Beaver Creek Boulevard (temporary): this Rural Local Road extends from Avon Road to Post Boulevard (constructed). The posted speed limit of 30 MPH. (ve)Swift Gulch Road (constructed): this Rural Local Road extends from Avon Road to Post Boulevard (constructed). An 8’ wide multi-use trail exists within the varying width R.O.W. (vif)East Beaver Creek Boulevard (conceptual): this Urban Local Road extends from Avon Road at the western edge of Lot 1, to Post Boulevard (constructed). Curb, gutter, and sidewalk shall be provided along the roadway, within a 50’ (min.) R.O.W. as generally depicted on the conceptual illustration attached as a part of this Exhibit F (illustration 7 or 8). (viig)Main Street (conceptual): this Urban Local Road extends from the western edge of Lot 1 at Chapel Place to the roundabout at Post Boulevard (constructed). Curb, gutter, and sidewalk shall be provided along the roadway, as generally depicted on the conceptual illustration attached as a part of this Exhibit F (for the central segment; illustration 2, 3 or 4; for the western segment illustration 5 or 6, for the eastern segment illustration 15, 16 or 17). The conceptual illustrations for the eastern segments are Exhibit F- Page 1 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 intended to illustrate possible scenarios for the width of the R.O.W. and associated improvements (i.e., sidewalks, landscape buffers, bike lanes, etc.). The R.O.W. as designed and constructed may vary from such illustrations relating to, among other factors, the location of such segment and the character of the development adjacent thereto. By way of example but not limitation, sidewalks on both sides of the travel lanes may not be necessary in certain locations, on-street parking may not be desirable in certain locations and center turn lanes may or may not be necessary in certain locations. (viiih)Swift Gulch Road (conceptual): this Rural Local Road extends east from the roundabout at Post Blvd. (constructed) through Planning Area J, the United States Forest Service parcel, to Planning Area I. Paved shoulders, and either a bike lane or a multi-usemulti-use trail shall be provided within a 50’ (min.) R.O.W. as generally depicted on the conceptual illustration attached as a part of this Exhibit F (illustration 10, 11, or 12). The bike lane or multi-usemulti-use trail, or applicable phase thereof, shall be provided in connection with and contemporaneously with the construction of Swift Gulch Road, or applicable phase thereof. (ixi)Road A (conceptual): this Urban Local Road extends from East Beaver Creek Blvd. (conceptual) to Main Street (conceptual). Curb, gutter, and sidewalk shall be provided along both sides of the roadway, within a 50’ (min.) R.O.W. as generally depicted on the conceptual illustration attached as a part of this Exhibit F (illustration 5 or 6). (xj)Road B (conceptual): this Urban Local Road extends from the western roundabout of Main Street (conceptual) to the eastern roundabout of Main Street (conceptual). Curb, gutter, and sidewalk shall be provided along one side of the road, within a 50’ (min.) R.O.W. as generally depicted on the conceptual illustration attached as a part of this Exhibit F (illustration 5, 6, or 9). (1i)At the option of the applicant this may be designated as a one-way street. (xik)Road C (conceptual): this Urban Local Cul-de-sacCul-de-sac Road extends north from the eastern roundabout of Main Street (conceptual) to the cul-de-saccul-de-sac. Curb, gutter, and sidewalk shall be provided along both sides of the road, within a 50’ (min.) R.O.W. as generally depicted on the conceptual illustration attached as a part of this Exhibit F (illustration 5 or 6). (xiil)Road D (conceptual): this Rural Local Cul-de-sacCul-de-sac Road extends east from East Beaver Creek Blvd. (conceptual) to the cul-de-sac. Hard shoulders and a pedestrian path (attached or separated) shall be provided, within a 50’ (min.) R.O.W. as generally depicted on the conceptual illustration attached as a part of this Exhibit F (illustration 10 or 12). (xiiim)Road E (conceptual):this Rural Local Cul-de-sac Road extends north and east from the roundabout at Post Blvd. (constructed) and Swift Gulch Rd. (constructed) to the cul-de-saccul-de-sac. paved shoulders shall be provided, within a 50’ (min.) R.O.W. Exhibit F- Page 2 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 as generally depicted on the conceptual illustration attached as a part of this Exhibit F (illustration 10 or 12 for that section of the road below RMF-1-1, and illustration 10 for that section of road above RMF-1-1). (xivn)Spur Roads F-NF-N (conceptual): these Rural Local Cul-de-sacCul-de-sac Roads extend from Road E (conceptual) to their cul-de-sacscul-de-sacs. Paved shoulders shall be provided, within a 50’ (min.) R.O.W. as generally depicted on the conceptual illustration attached as a part of this Exhibit F (illustration 10). (xvo)Roads located within Planning Areas I, K, and RMF-1-1 (conceptual): Any additional roads not currently designated shall be Rural Local Roads with paved shoulders within a 50’ (min.) R.O.W. as generally depicted on the conceptual illustration attached as a part of this Exhibit F (illustration 10 or 12). 2.Bus stop locations may be provided within certain portions of the eastern segments of Main Street and/or East Beaver Creek Boulevard as depicted on the conceptual illustration attached as a part of this Exhibit F (illustration 18); provided however, such locations and designs as depicted are conceptual in nature and non-binding, and the location and design of such bus stops, if any, shall be established in connection with the design of the applicable R.O.W. segment, and shall be based on various site specific features such as the topography, grade, traffic engineering considerations and similar matters. 3.The engineering, installation and construction of any road within The Village (at Avon) may, at the discretion of the Applicant, be phased. Only the portion of a road that is necessary to serve the property that is the subject of the applicable Application shall be required to be engineered, installed and constructed in connection with the development of such property; provided, however, if any such road is depicted on the PUD Master Plan to extend and continue further than such phase, the Applicant shall submit Preliminary Engineering for the extended road as a part of its Application in accordance with Section A.4(g) of the PUD Guide. 4.Modifications to Street Standards. (a)Minimum Driving Surface: 22 feet (i)Except, those lots within PA-KPA-K, above RMF-1-1, which are limited to 20 feet per Exhibit D, Wildlife Mitigation Plan. (b)Minimum Shoulder: 2 feet each side, paved (i)Shoulders shall not be required if curb and gutter are installed. Median areas shall not require a sidewalk and, if curb and gutter is installed, shall not require a shoulder. (c)Design Speed: 30 MPH except as listed below Exhibit F- Page 3 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 (i) Post Boulevard (constructed): 35 MPH (ii)East Beaver Creek Boulevard (temporary): 35 MPH (iii)Spur roads F – N (conceptual): 25MPH25 MPH (d)Maximum Grade: 6% except as listed below (i)East Beaver Creek Blvd.: 8%, provided that: (1)the grade is not maintained for a distance in excess of 500 feet; and (2)no spur roads or driveways will have access points during the run of 8%; provided, however, reduction of the grade to 6% at a spur road or driveway access points and thereafter returning the grade to 8% shall be permitted. (ii)Swift Gulch Road (conceptual): 10%, provided that: (1)the grade is not maintained for a distance in excess of 800 feet; and (2)no spur roads or driveways will have access points during the run of 10%; provided, however, reduction of the grade to 8% at a spur road or driveway access points and thereafter returning the grade to 10% shall be permitted. (iii)Spur Road F (conceptual): 10% (iv)Road E (conceptual): 10%, provided that: (1)the grade is not maintained for a distance in excess of 800 feet; and (2)no spur roads or driveways will have access points during the run of 10%; provided, however, reduction of the grade to 8% at a spur road or driveway access points and thereafter returning the grade to 10% shall be permitted. (e)Minimum Curve Radius: 100 feet (i) The driving width does not included curve widening if required by AASHTO. (f)Minimum Site Distance: 200 feet Exhibit F- Page 4 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 (g)Cul-de-SacsCul-de-sacs - Notwithstanding anything to the contrary set forth in Title 15 or any other provision of the Municipal Code: (i)Cul-de-sacsCul-de-sacs within Planning Area C may exceed 1,000 feet in length; provided, however, they shall not serve more than 450 Dwelling Units. The portion of any such cul-de-sac serving 250 or more Dwelling Units shall be constructed to Rural Collector Road, and the portion of such cul-de-saccul-de-sac serving less than 250 Dwelling Units shall be constructed to Rural Local Road. (ii)Cul-de-sacsCul-de-sacs located north of Interstate 70 may exceed 1,000 feet in length and service not more than 280 Dwelling Units; provided, however, the portion of any such cul-de-saccul-de-sac that is in excess of 1,000 feet shall not serve Commercial Uses except those Commercial Uses specifically included in Sections D.8(a), D.8(b), D.9(a) or D.9(b) of this PUD Guide. (h)Retaining walls (i)Retaining walls over four feet in height or any wall supporting a vehicular load or structure shall be structurally designed and certified by a Colorado licensed professional engineer. (ii)Retaining walls over ten (10) feet that support naturally occurring topography and other site development constraints shall be designed with a series of retaining walls with landscaped terraced steps. The width of the terrace between any two ten (10)--foot vertical walls shall be at least four (4) feet. Retaining walls higher than ten feet shall be separated from any other retaining wall by a minimum of five (5) feet horizontally. Terraces created between the retaining walls shall be permanently landscaped. (iii)Retaining walls supporting a vehicular load or structure (below-road retaining wall) shall not exceed twenty-ninetwenty-nine (29) feet in height. Retaining walls supporting naturally occurring topography (above-road retaining wall) shall not exceed twenty-ninetwenty-nine (29) feet in height. An above-road retaining wall and a below-road retaining wall meeting the above requirements may abut the same portion of the right-of-way or road (such that they are above and below, respectively, the same right-of-way or road). The Director shall have the authority to review and approve retaining walls that exceed the foregoing height limitation. Notwithstanding the foregoing to the contrary, retaining walls occurring along Road E (conceptual) between SP 241.00 and SP 260.00 (as generally depicted on the conceptual illustration map of the Project included in this Exhibit F) shall have no height restrictions. 5.Dedication to Town. All streets installed and constructed in accordance with the street design and improvement standards contained within Sections 7.28 and 7.32 of the Development Code, as modified by this Exhibit F, shall be accepted by the Exhibit F- Page 5 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Town for ownership and maintenance in accordance with the terms and conditions of the applicable Public Improvements Agreement. 6.Implementation of Settlement Term SheetIntent Regarding Planning Areas K and RMF-1. With respect to streets to serve Planning Areas K and RMF-1-1, the modifications set forth in this Exhibit F to the street design and improvement standards contained within Sections 7.28 and 7.32 of the Development Code are intended to implement the terms of the Settlement Term Sheet in order that, among other matters,assure that access be provided to the Uses permitted on Planning Areas K and RMF-1-1 pursuant to the Development Standards. As detailed engineering cannot be accomplished with respect to such streets as of the Effective Date, it is the Master Developer’sLandowner’s and the Town’s intent that this Exhibit F be modified from time to time, as reasonably necessary, in order to provide for such financially feasible access, all in accordance with the applicable procedures as set forth in this PUD Guide. Exhibit F- Page 6 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 1 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 2 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 3 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 4 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 5 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 6 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 7 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 8 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 9 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 10 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 11 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 12 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 13 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 14 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 15 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 16 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 17 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 18 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 19 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 20 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 21 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 22 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 23 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 24 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 25 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 26 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 27 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 Exhibit F- Page 28 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 EXHIBIT G Municipal Code Provisions Not Applicable to The Village (at Avon) PUD1. Development Code Provisions: (a)§ 7.16.060(i) Lapse of a Final PUD (b)§§ 7.16.060(j)(1)(ii) & (iii) Revocation of a Final PUD (c)§ 7.16.090 Design Review (d)§ 7.16.100 Special Review Use (e)§ 7.16.140(b)(2) Vested Property Rights Created (only the second sentence reading, “Amendments to any site specific development plan shall be subject to this Chapter and shall have a new vested property right as determined by the Town Council.”) (f)§ 7.16.140(g) Forfeiture of Vested Property Rights (g)§ 7.20.100 Employee Housing Mitigation (h)Select sections of Chapter 7.24, specifically listed as follows: § 7.24.040, § 7.24.050(a) and (b), § 7.24.060, § 7.24.070(e) (i)§§ 7.28.020(b)(4) & (5) Applicability and Location: Location and Ownership (j)§ 7.28.020(e) Off-StreetOff-Street Parking (k)§ 7.28.020(g) Computation of Parking and Loading Requirements (l) § 7.28.020(h) Off-SiteOff-Site Parking (m)§ 7.28.050 Landscaping (n)§ 7.28.070(b)(4) Retaining Walls (o)§ 7.28.060 Screening (p)§ 7.28.090 Design Standards, provided that subsection (c)(5) shall apply (q)§§ 7.28.100(a)(3)(v), (x) & (xiii)(D) Natural Resource Protection (r)§§ 7.28.100(a)(3)(xiii)(E) Natural Resource Protection (only with respect to Planning Areas I, K and RMF-1-1) (s)§§ 7.32.010(c)(2) & (6) Engineering Improvement Standards: Standards and Specifications Exhibit G- Page 1 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 (t)§ 7.32.030(l) Engineering Improvement Standards: Streets; Grades, Curves, and Sight Distances (u)§ 7.32.030(m) Engineering Improvement Standards: Streets; Cul-de-sacsCul-de-sacs (v)§ 7.32.040(c) Paved Trail Design: Minimum Width (w)§ 7.32.040(e) Paved Trail Design: Grades (x)§ 7.32.080 School Site Dedication (Pursuant to Section 3.7(a) of the Development Agreement, Section 7.32.080 of the Development Code with respect to school site dedications, subject to the provisions of Section 3.9(b) of the Development Agreement) (y) § 7.32.090 Park Land Dedication, subject to the provisions of Section 3.9(b) of the Development Agreement (z)§ 7.40 1041 Regulations 2. Other Municipal Code Provisions: (a)Chapter 3.40 Impact Fees, subject to the provisions of Section 3.9(b) of the Development Agreement (b)Chapter 8.32 Wildlife Protection (c)Chapter 15.28 Sign Code (excluding Section 15.28.050(c) (sign installation permit)) (d)Chapter 15.30 Outdoor Lighting Standards (e)Impact fees enacted or adopted after the Effective DateAugust 1, 2014, the impacts of The Village (at Avon) being adequately mitigated by, among other matters, the payment of the impact fees set forth in Section 3.8 of the Development Agreement, subject to the provisions of Section 3.9(b) of the Development Agreement. (f)Pursuant to Section I.15 of this PUD Guide, any affordable housing, attainable housing and/or employee workforce housing provisions of the Municipal Code, subject to the provisions of Section 3.9(b) of the Development Agreement. (g)Any provision in Title 15 or elsewhere in the Municipal Code that conflicts with the provisions of this PUD Guide regarding the maximum number of Dwelling Units that can be constructed on a cul-de-sac. Exhibit G- Page 2 1650530.6 2985509.10 EXHIBIT B to ORDINANCE 26-02 EXHIBIT H Section 7.16.070 of Development Code7.16.07 Subdivisions. The purpose of the subdivision review procedures is to ensure compliance with all the standards and requirements in this Development Code and encourage quality development consistent with the goals, policies and objectives in the Comprehensive Plan. (a)Applicability. The procedures of this Section and the standards in Chapter 7.32, Engineering Improvement Standards, shall apply to all subdivisions or re-subdivisions that result in the portioning, dividing, combining or altering of any lot, parcel or tract of land, including land used for condominiums, apartments or any other multiple dwelling units or creation of an estate in airspace, except any subdivisions that are specifically excluded by state law. If a tract of land that has been created or subdivided in the past is later described as a single tract in deeds or plat by the legal or equitable owners, any later subdivisions of that tract, even if along the lines of the earlier subdivision, shall be subject to the requirements of these regulations. If any tract of land or airspace has been subdivided as one (1) type of subdivision and thereafter is subdivided so as to create a different typ e of subdivision (for example, conversion of a condominium subdivision to a timesharing subdivision), the conversion shall be subject to the requirements of this Development Code. Unless the method of disposition is adopted for the purpose of evading the requirements of the Development Code, this procedure shall not apply to any division of land that: (1)Is created by a lien, mortgage, deed of trust or any other security instrument; (2)Is created by any interest in an investment entity; (3)Creates cemetery lots; (4)Creates an interest or interests in oil, gas, minerals or water that are severed from the surface ownership of real property; (5)Is created by the acquisition of an interest in land in the name of a husband and wife or other persons in joint tenancy or as tenants in common of such interest. For the purpose of this Paragraph, any interest in common owned in joint tenancy shall be considered a single interest; (6)Creates a leasehold interest with a term of less than twenty (20) years and involves no change in use or degree of use of the leasehold estate; (b)Subdivision Categories. Categories of subdivisions are established and defined as follows for the purpose of determining the appropriate subdivision review procedure: (1)Major Subdivision. Major subdivisions include all subdivisions which would create four (4) or more separate parcels of land or which would require or which propose public improvements. Exhibit H Page 1 2985509.10 EXHIBIT B to ORDINANCE 26-02 (2)Minor Subdivision. Minor subdivisions include all subdivisions which would create less than four (4) separate parcels of land, subdivisions which do not require or propose public improvements, subdivisions which consolidate two (2) or more lots into a single lot in a previously recorded subdivision plat and subdivisions which move any lot lines by more than two (2) feet; but shall not include subdivisions which are administrative subdivisions. Condominiums and timeshare subdivisions more than four (4) units which do not propose public improvements shall be processed as minor subdivisions. (3)Administrative Subdivisions. Administrative subdivisions are subdivisions which include dividing a parcel of land for a duplex, subdivisions for the purpose of correcting survey errors, condominium and timeshare subdivisions up to four (4) units and subdivisions which adjust lot lines by two (2) feet or less and which do not change the number of lots. The Director shall have the authority to determine that an administrative subdivision application shall be processed as a minor subdivision where the character of the subdivision application or multiple applications presents issues which warrant review and approval by the Town Council. All administrative subdivisions are exempt from notice requirements outlined in Subsection 7.16.020(d). (c)Review Procedures. Applications for a subdivision shall follow the general review procedures set forth in Section 7.16.020, General Procedures and Requirements. Applications for subdivision must be initiated by the owner of the real property. The Director may combine preliminary plan and final plat review where the subdivision application can be reviewed efficiently and effectively with a combined process. Where subdivision approval will be required to implement development in a proposed PUD, the applicant shall file a single preliminary plan incorporating the application requirements of both the PUD and subdivision preliminary plans. The provisions and procedures for public notice, hearing and review for a PUD as prescribed in the Development Code shall apply to the application. (d)Review Authority. The review authority for a subdivision application shall be determined by the subdivision category. (1)Major Subdivision. Major subdivisions shall be required to obtain approval for a preliminary plan and for a final plat. The PZC shall review a preliminary plan for a major subdivision application and shall provide a recommendation to the Town Council after conducting a public hearing. The Town Council shall render the final decision on a preliminary plan for a major subdivision application after conducting a public hearing. The Town Council shall review the final plat for major subdivision applications and render a final decision after conducting a public hearing. The preliminary plan and final plat for major subdivisions shall be approved by resolution or ordinance of the Town Council. (2)Minor Subdivision. Minor subdivisions shall require final plat review and approval only where no public improvements are proposed; however, the review criteria for a preliminary plan shall apply to review of minor subdivision final plats in addition to the review criteria for a final plat. The Town Council shall render the final decision on a Exhibit H Page 2 2985509.10 EXHIBIT B to ORDINANCE 26-02 minor subdivision application after conducting a public hearing. Minor subdivisions shall be approved by resolution or ordinance of the Town Council. (3)Administrative Subdivisions. Administrative subdivisions shall require final plat review and approval only; however, the review criteria for a preliminary plan shall apply to review of administrative subdivisions in addition to the review criteria for a final plat. The Director shall review and render decisions on administrative subdivisions. A decision of the Director may be appealed to the Town Council pursuant to Section 7.16.160, Appeal. (e)Preliminary Plan Review Criteria. The reviewing authority will use the following review criteria as the basis for recommendations and decisions on applications for preliminary plan subdivision applications: (1)The proposed subdivision shall comply with all applicable use, density, development and design standards set forth in this Development Code that have not otherwise been modified or waived pursuant to this Chapter and that would affect or influence the layout of lots, blocks and streets. Applicants shall not create lots or patterns of lots in the subdivision that will make compliance with such development and design standards difficult or infeasible; (2)The subdivision application shall comply with the purposes of the Development Code; (3)The subdivision application shall be consistent with the Avon Comprehensive Plan and other community planning documents; (4)The land shall be physically suitable for the proposed development or subdivision; (5)The proposed subdivision shall be compatible with surrounding land uses; (6)There are adequate public facilities for potable water supply, sewage disposal, solid waste disposal, electrical supply, fire protection and roads and will be conveniently located in relation to schools, police, fire protection and emergency medical services; (7)The proposed utility and road extensions are consistent with the utility’s service plan and are consistent with the Avon Comprehensive Plan and Comprehensive Transportation Master Plan; (8)The utility lines are sized to serve the ultimate population of the service area to avoid future land disruption to upgrade under-sized lines; (9)The subdivision is compatible with the character of existing land uses in the area and shall not adversely affect the future development of the surrounding areas; Exhibit H Page 3 2985509.10 EXHIBIT B to ORDINANCE 26-02 (10)A proposed subdivision for an existing PUD shall be consistent with the relevant PUD Master Plan as reflected in the approval of that PUD; (11)Appropriate utilities, including water, sewer, electric, gas and telephone utilities, shall provide a “conditional capacity to serve” letter for the proposed subdivision; (12)That the general layout of lots, roads, driveways, utilities, drainage facilities and other services within the proposed subdivision shall be designed in a way that minimizes the amount of land disturbance, minimize inefficiencies in the development of services, maximizes the amount of open space in the development, preserves existing trees/vegetation and riparian areas, protects critical wildlife habitat and otherwise accomplishes the purposes of this Development Code. (13)Evidence that provision has been made for a public sewage disposal system or, if other methods of sewage disposal are proposed, adequate evidence that such system shall comply with state and local laws and regulations; (14)Evidence that all areas of the proposed subdivision that may involve soil or topographical conditions presenting hazards or requiring special precautions have been identified by the applicant and that the proposed use of these areas are compatible with such conditions or that adequate mitigation is proposed; (15)The subdivision application addresses the responsibility for maintaining all roads, open spaces and other public and common facilities in the subdivision and that the Town can afford any proposed responsibilities to be assumed by the Town; (16)If applicable, the declarations and owners’ association are established in accordance with the law and are structured to provide adequate assurance that any site design standards required by this Development Code or conditions of approval for the proposed subdivision will be maintained or performed in a manner which is enforceable by the Town; and (17)As applicable, the proposed phasing for development of the subdivision is rational in terms of available infrastructure capacity and financing. Exhibit H Page 4 2985509.10 EXHIBIT B to ORDINANCE 26-02 (f)Final Plat Review Criteria. After approval of a preliminary plan, the applicant may submit an application for a final plat. The following criteria shall apply to review of a final plat subdivision application: (1)The Town Engineer shall compare the legal description of the subject property with the County records to determine that: (i)The property described contains all contiguous single ownership and does not create a new or remaining unrecognized parcel of less than thirty-five (35) acres in size; (ii)The lots and parcels have descriptions that both close and contain the area indicated; and (iii)The plat is correct in accordance with surveying and platting standards of the State. (2)The final plat conforms to the approved preliminary plan and incorporates all recommended changes, modifications and conditions attached to the approval of the preliminary plan; (3)The final plat conforms to all preliminary plan criteria; (4)The development will substantially comply with all sections of the Development Code; (5)The final plat complies with all applicable technical standards adopted by the Town; and (6)Appropriate utilities shall provide an ability to serve letters, including but not limited to water, sewer, electric, gas and telecommunication facilities. (g)Public Improvements Guarantee. Guarantees for public improvements shall comply with Subsection 7.32.100(c). (h)Revocation. An approval of a final plat is revoked pursuant to this Section. (1)Recording. The applicant shall cause the final plat and restrictive covenants, if any, to be recorded within ninety (90) days from the date of approval and acceptance of the Council. In the event that the plat is not recorded, the approval of the Council shall be deemed to be void and such plat shall not thereafter be recorded, unless and until the Mayor executes a written authorization for recording the final plat. (2)Vacation. The final plat approval shall include a determination of a reasonable time by which the project should be completed. All plats given final approval shall contain a notation indicating the date by which a project is expected to be completed, that shall be prima facie evidence of a reasonable time by which the project should have been completed. A plat or any portion thereof that has been finally approved Exhibit H Page 5 2985509.10 EXHIBIT B to ORDINANCE 26-02 by the Council and has been recorded shall be subject to vacation proceedings if the project that is the subject of the subdivision is not completed within the time set by Council. (3)Extension. Extensions of the time limit for project completion may be obtained from the Council for good cause shown, upon request by the applicant or owner of the tract, if made before the vacation proceedings are instituted. (Ord. 10-14 §3) Exhibit H Page 6 2985509.10 EXHIBIT B to ORDINANCE 26-02 EXHIBIT HI DefinitionsThe definitions of words and phrases set forth in this Exhibit HI expressly supersede any additional or conflicting definitions of the same words or phrases or same general intent as set forth in the Municipal Code and constitute the sole and exclusive definitions for the purpose of this PUD Guide and the interpretation, application and enforcement of this PUD Guide and related components of the Development Plan. When not inconsistent with the text, words used in the present tense include the future, words used in the singular number include the plural, words in the plural include the singular, and the masculine includes the feminine. The words “will” or “shall” are mandatory, and the word “may” is permissive. Accessory Building, Structure or Use means a subordinate Building, Structure or Use located on the same Lot (or on a contiguous Lot in the same ownership) on which the main Building, Structure or Use is situated, which is customarily incidental to that of the main Building or to the main Use of the Site, and which is reasonably necessary and incidental to the conduct of the Use of such Building, Structure or main Use. Administrative Subdivision Areas has the meaning set forth in Section G.1(a) of this PUD Guide. Accommodation Unit(s) means any room or group of rooms used primarily for transient lodging and accessible from common corridors, walks, or balconies without passing through another Accommodation Unit. Short Term Rentals are not Accommodations Units. Affordable Housing Plan means the sole and exclusive affordable housing requirements for The Village (at Avon) PUD, as set forth in Section I.15 of this PUD Guide, which expressly supersede any additional or conflicting provisions of the Municipal Code. Administrative Subdivision Areas has the meaning set forth in Section G.1(a) of this PUD Guide. Affiliated Landowners means, collectively, together with their respective successors and assigns and together with any other entity with respect to which Traer Creek LLC is the managing member and which acquires title to any portion of the Property after the Effective Date, Traer Creek Holdings No. 1 LLC, Traer Creek Holdings No. 2 LLC, TC-MAV LLC, Traer Creek-RP LLC, EMD Limited Liability Company, Traer Creek Plaza LLC, Traer Creek-HD LLC and Traer Creek-WMT LLC. Agricultural Use means those agricultural activities commonly pursued in Eagle County including but not limited to the planting, cultivation and harvesting of crops, trees, grasses and similar crops used for production of hay and other animal feedstock, and the grazing of livestock; provided, however, that Animal Boarding, cultivation in connection with operation of a Medical Marijuana Business and large contained animal feeding operations (feed lots) and/or slaughter houses shall not be construed as an Agricultural Use. Amended and Restated PUD Guide means the version of this PUD Guide approved by the Town on November 7, 2012, as amended by administrative amendment dated January 9, 2014, and H-1 1650530.6 EXHIBIT B to ORDINANCE 26-02 recorded in the real property records of Eagle County, Colorado, on August 1, 2014 at Reception No. 201412778. Animal Boarding means the operation of an establishment, excluding the operation of Kennels, in which domesticated animals other than household pets are housed, groomed, bred, boarded, trained or sold. Animal Boarding shall not be construed to be an Agricultural Use eligible for being designated an approved Interim Use. Applicant means the Landowner of the real property comprising the Site for which an Application is submitted, or an individual or entity whom the Landowner has designated in writing as its authorized representative for the purpose of representing the Landowner and/or acting upon any application or submittal for development of the pertinent Site (which may be a contract purchaser or owner of an option to purchase fee simple ownership of the Site or portion thereof with the fee owner’s written consent to any such application or submittal, or which may be an owners’ association for a Condominium project or like common interest ownership project). Notwithstanding any additional or conflicting provision of the Municipal Code, the definition of “Applicant” shall not be construed to mean any person or entity owning, holding or possessing an easement interest, a leasehold interest, a license, a security interest or any other form of interest in the Site, whether possessory or otherwise, other than fee simple ownership of the Site as reflected in the official records of the Eagle County Tax Assessors office. Application means any form of application or submittal to the Town for review and approval of any form of development within The Village (at Avon), including but not limited to an application or submittal regarding an amendment to this PUD Guide, a Preliminary Plan, a Final Plat, a grading permit, a building permit or similar matters. Appurtenances means the visible, functional, or ornamental objects accessory to and part of a building. Arcade means a series of arches or similar architectural features supported on piers or columns. Architectural Projection means a building element (i.e., Appurtenance, Arcade, Awning, Balcony, tower, steeple, portico, chimney, cupola and similar non-habitable features) which physically projects beyond the plane of a required limitation (i.e., height, setback, etc.). Area Median Income means the estimates of median household income for Eagle County compiled and released annually by the United States Department of Housing and Urban Development. Automobile Repair Shop (Major or Minor) means an establishment that does not sell fuel, gasoline or petroleum products which is primarily engaged in the service, repair or maintenance (including but not limited to paint, body and fender, major and minor engine and engine part overhaul, muffler, upholstery work, tire repair and change, lubrication, tune ups and transmission work, vehicle washing, detailing polishing similar services) of: (i)with respect to Major Uses, commercial and heavy truck oriented motor vehicles, trailers and similar large mechanical equipment; and H-2 1650530.6 EXHIBIT B to ORDINANCE 26-02 (ii)with respect to Minor Uses, passenger and light truck oriented motor vehicles, trailer and similar mechanical equipment. Awning means a roof-like cover (whether canvas, metal, masonry or other material) that extends in front of or over a doorway, window, deck, Balcony or entryway to provide protection from the sun, rain or snow. Balcony means that portion of a Structure that is essentially open and outward from the main Building with a floor and a railing, with or without a ceiling or other form of cover, and higher than four (4) feet above ground level. Bed and Breakfast means an establishment operated in a private residence or portion thereof that provides temporary accommodations to overnight guests for a fee and which is occupied by the operator of such establishment. Block means a unit of land designated as a “block” on a recorded Final Plat and which contains within its boundaries a group of individually platted Lots as designated on such recorded Final Plat. Building means any permanent Structure constructed for the shelter or enclosure of persons, animals, chattels or property of any kind, which is permanently affixed to the land and has one (1) or more floors and a roof. Building Envelope means the physical boundaries within which Buildings, Structures or other above-ground improvements may be constructed on a particular Site, being a three (3) dimensional volume circumscribed by: (i)the applicable Building Setback requirements; (ii)the applicable Building Height requirements; (iii)the applicable Site Coverage requirements; and (iv)the applicable Lot Area requirements. (v)building envelopes as depicted on approved Final Plats for Lots in Planning Area K as contemplated by Section D.8(d) of this PUD Guide. Notwithstanding the foregoing, the following improvements are permitted outside of the Building Envelope: Sidewalks, Drive Aisles, Driveways, landscape features, Infrastructure and Dry Utilities. Building Height means the distance measured vertically from the reference elevation (defined below) to the top of a flat roof or mansard roof or to the highest ridgeline of a sloping roof (also referred to as the parallel slope method and depicted by diagram in Section 7.08.010 of the Development Code, as in effect on the Effective DateAugust 1, 2014), but excluding from the H-3 1650530.6 EXHIBIT B to ORDINANCE 26-02 calculation of Building Height any non-habitable Architectural Projections. The “reference elevation” shall be: (i)within Planning Areas E,I, K, RMF-1 and-1, RMF-2-2, and CH-1, the Natural Grade (ii)within the portions of Planning Areas A,and D and E located less than 250 feet from the southerly boundary of such Planning Areas, the existing grade as exists on the date of execution of the Settlement Term Sheet the Property, the Engineered Grade (iii) within the portions of Planning Areas A,and D and E located 250 feet or more from the southerly boundary of such Planning Areasthe Property, and within all other Planning Areas, the Finished Grade Building Setback means the distance from a specified Site boundary line, a creek or a stream measured horizontally to a line or location within the Site which establishes the permitted location of Uses, Structures, or Buildings on the Site. The location within a Site of Sidewalks, Drive Aisles, Driveways, landscaping features and fences required pursuant to applicable Town or other governmental ordinances, regulations and requirements (i.e., fence enclosures for swimming pools) are not restricted by the Building Setback requirements. Bus Stop means a facility for the loading and discharging of passengers by publicly or privately operated buses. Cabled Telecommunication Equipment means any equipment used to provide Cabled Telecommunication Service, but which is not affixed to or contained within a Cabled Telecommunication Facility, but is instead affixed to or mounted on an existing Building or Structure the Primary Use of which is not for the provision of Cabled Telecommunications Services. Cabled Telecommunication Equipment also includes a ground mounted base station used as an Accessory Structure that is connected to an antenna or dish mounted on or affixed to an existing Building. Cabled Telecommunication Facility means any freestanding facility, Building, pole, tower or other Structure used to provide only Cabled Telecommunication Services, and which consists of, without limitation, antennae, equipment, storage and other Accessory Structures used to provide Cabled Telecommunications Services. Cabled Telecommunication Service means services providing for the transmission through Dry Utilities facilities of analog or digital communications of any form and any similar services transmitted by or through fiber optic or other forms of below or above ground cabling, including but not limited to cable television, high speed data, telephony, and satellite television sys tems providing services to a Multi-family Dwelling, a collection of Single-family Dwellings, or a collection of Buildings within a Mixed Use Project. Child Care Center means a facility, however named or denominated (for example, day-care centers, day nurseries, nursery schools, preschools, play groups, day camps, summer camps, centers for developmentally disabled, dependent and/or neglected children, but specifically H-4 1650530.6 EXHIBIT B to ORDINANCE 26-02 excluding Family-care Homes), which is maintained, for the whole or part of a day, for the care of: (i)five (5) or more children under the age of sixteen (16) years who are not related to the owner, operator or manager of such facility, whether operated with or without compensation for such and with or without stated education purposes; or (ii)children under the age of six (6) years with stated education purposes which are operated in conjunction with a public, private or parochial educational facility, except for a kindergarten maintained in connection with a public, private or parochial elementary school system of at least six (6) grades so long as the school system is not also providing extended day care services. Commercial Parking means a surface parking lot or Parking Structure that does not provide accessory parking to a specific Building or Use, is available for parking by the general public for a fee, may include reserved parking spaces, and which is owned by a private, non-governmental entity. Commercial Space means, as more particularly described and qualified in Section B.10 of this PUD Guide, the square footage of a Building developed for Commercial Uses. Commercial Use(s) means the following Uses: (ai) Accommodations Units; (bii)Animal Boarding; (ciii)assisted living facility; (div)Automobile Repair Shop (Major or Minor); (ev)bakeries; (fvi)bar and tavern; (gvii)barber and beauty shops; (hviii)Bed and Breakfast; (iix)beverage stores, coffee shops; (jx) Bus Stop; (kxi)business and professional offices; (lxii)Cabled Telecommunications Equipment; (mxiii)Cabled Telecommunications Facilities; H-5 1650530.6 EXHIBIT B to ORDINANCE 26-02 (nxiv)Cabled Telecommunications Services; (oxv)car wash (as the Principal Use); (pxvi)Child Care Center; (qxvii)cinema; (rxviii)clinic, intermediate medical care facility, urgent care facility, rehabilitation centers and x-ray/MRI centers (i.e., out-patient services only); (sxix)clothing stores; (txx)Community Facilities; (uxxi)commercial offices; (vxxii)Commercial Parking; (wxxiii)Convenience Retail; (xxxiv)department stores; (yxxv)Drive-in Uses; (zxxvi)employment agency; (aaxxvii)Extended Stay Hotel; (bbxxviii)Family Child Care Home; (ccxxix)Grocery Store; (ddxxx)Financial institutions; (eexxxi)fitness centers and health clubs; (ffxxxii)furniture stores; (ggxxxiii)hardware stores; (hhxxxiv)Hotel, Motel and Lodge; (iixxxv)Home Occupations, Minor and Major; (jjxxxvi)Hospitals; (kkxxxvii)independent living facility; H-6 1650530.6 EXHIBIT B to ORDINANCE 26-02 (llxxxviii)indoor entertainment facility; (mmxxxix)indoor storage; (nnxl)Kennels; (ooxli)laboratory; (ppxlii)landscaping and snow removal services; (qqxliii)laundromat/dry cleaning; (rrxliv)long-term care facilities and other medical facilities including, but not limited to, group and congregate care facilities, nursing homes and independent living facilities; (ssxlv)Medical Marijuana Businesses; (ttxlvi)medical and dental offices; (uuxlvii)meeting facility; (vvxlviii)newspaper and commercial printing shops; (wwxlix)Nude Entertainment Establishments; (xxl)nursery or garden supply; (yyli)Outdoor Storage; (zzlii)pet shop (for the sale of pets, pet supplies and/or for domesticated animal grooming); (aaaliii)professional offices; (bbbliv)real estate sales offices; (ccclv)photocopy and blueprint businesses; (dddlvi)Public Facilities; (eeelvii)Private Parking; (ffflviii)Public Parking; (ggglix)Recycling Facility; (hhhlx)Recycling Processing Facility; H-7 1650530.6 EXHIBIT B to ORDINANCE 26-02 (iiilxi)Religious Facility; (jjjlxii)repair shops, small electronics repair; (kkklxiii)Restaurants; (llllxiv)Retail sales, specialty and gift shops; ski tuning; bike assembly (mmmlxv)service and social clubs; (nnnlxvi)Service Stations; (ooolxvii)Studios (music, dancing, photography, movie, art and broadcasting) (ppplxviii)tailor, seamstress, clothing alterations (qqqlxix)tattoo parlor, body piercing (rrrlxx)Temporally Divided Dwelling (ssslxxi)theaters; (tttlxxii)trade schools and colleges; (uuulxxiii)Transit Shelter; (vvvlxxiv)Wireless Telecommunications Equipment; (wwwlxxv)Wireless Telecommunications Facilities; (xxxlxxvi)Wireless Telecommunications Services; (yyylxxvii)Vacation Clubs; (zzzlxxviii)Uses which the Director determines to be similar. Community Development means the Town of Avon Department of Community Development. Community Facility means a publicly or privately owned facility, Building or Structure which is primarily intended to serve the recreational, educational, cultural administrative or entertainment needs of the community as a whole and is operated on a non-commercial, not for profit, non-profit or similar basis. Community Housing Plan means the sole and exclusive community housing requirements for The Village (at Avon) PUD, as set forth in Section I.15 of this PUD Guide, which expressly supersede any additional or conflicting provisions of the Municipal Code. Community Housing Policies means the Avon Community Housing Policies 2025 adopted by the Town Council on April 8, 2025 via Resolution No. 25-01 in effect as of the Effective Date H-8 1650530.6 EXHIBIT B to ORDINANCE 26-02 and as may be amended from time to time, so long as not in conflict with the Community Housing Plan. Community Housing Unit means, whether for-rent or for-sale, a Dwelling Unit that is restricted pursuant to the Community Housing Plan, or as otherwise agreed to by the Town and Master Landowner, to use as a primary residence by qualified persons. Comprehensive Plan means the Comprehensive Plan, Town of Avon, Colorado, effective as of date the Town approved the Original PUDEffective Date. Condominium means any group of Condominium Units developed as a unitary project within a Site on which one or more Buildings are located. Condominium Unit means an individual air space unit (as defined in C.R.S. § 38-33-10338-33-103(4)) together with the interest in the common elements (as defined in C.R.S. § 38-33-10338-33-103(3)) of the Condominium appurtenant to such unit. For purposes of Dwelling Unit calculation, only Condominium Units which are designated for Residential Use shall be counted as Dwelling Units. Convenience Retail means a retail store containing less than five thousand (5,000) square feet of gross floor area which sells everyday good and services, which may include, without limitation, ready-to-eatready-to-eat food products, groceries,over-the-counterover-the-counter drugs and sundries. Design Covenant means the Declaration of Master Design Review Covenants For The Village (at Avon) dated May 8, 2002 and recorded on May 8, 2002 at Reception No. 795011, as amended by the First Amendment to Declaration of Master Design Review Covenants For The Village (at Avon) dated June 4, 2008 and recorded on June 10, 2008 at Reception No. 200812112 and by the Second Amendment and Ratified First Amendment to Declaration of Master Design Review Covenants For The Village (at Avon) dated September 16, 2010 and recorded on September 16, 2010 at Reception No. 201018341, and as may be further amended from time to time. Design Review Guidelines means The Village (at Avon) Design Review Guidelines dated March 15November 16,20112022, as may be further amended and/or supplemented from time to time, and as prepared, approved and promulgated by the Design Review Board and which establish the sole and exclusive architectural design, landscape design, urban design and site design standards applicable within The Village (at Avon). Design Review Board means The Village (at Avon) Design Review Board as appointed or elected in accordance with the Design Covenant. Developer Affiliates means, collectively, together with their respective successors and assigns and together with any other entity with respect to which Traer Creek LLC is the managing member and which acquires title to any portion of the Property after the Effective Date, Traer Creek-RP LLC, EMD Limited Liability Company, Traer Creek Plaza LLC, Traer Creek-HD LLC and Traer Creek-WMT LLC. H-9 1650530.6 EXHIBIT B to ORDINANCE 26-02 Development Agreement means the Consolidated, Amended and Restated Annexation and Development Agreement for The Village (at Avon) concerning the Property dated as of October 22, 2013Recorded on August 1, 2014 at Reception No. 201412777, as amended from time to time. Development Bonus has the meaning given it in Section D.1(f) of this PUD Guide. Development Code means Title 7 of the Municipal Code, as amended from time to time, unless otherwise stated. Development Plan means, as referenced in Section A.4(b) of this PUD Guide, collectively, (i) this PUD Guide (together with each Exhibit hereto), as may be amended from time to time; and (ii) the Development Agreement, as may be amended from time to time. Development Standards means the planning requirements and regulations governing the development of the Property as set forth in Section D, Development Standards within The Village (at Avon) PUD, and Section I, Supplemental Regulations, of this PUD Guide. Director means the Director of Community Development. Drive Aisle means the lane(s) within a parking lot or facility devoted to the passage of vehicles, as opposed to the parking stalls, and does not include lanes used only or primarily for drive-in customer service. Drive-in Use means an establishment which by design, physical facilities, service or packaging procedures encourages or permits customers to receive services, obtain goods or be entertained while remaining in their motor vehicles. Driveway means a constructed vehicular access serving one (1) or more properties and connecting directly to a public or private road. Dry Utilities means, excluding Infrastructure, conduit and sleeving for, and the installations contained therein, telephone, cable, fiberoptic and similar “dry” utilities intended to be privately owned, maintained and/or operated. Duplex Dwelling means a single architecturally integrated Structure that contains two separate and independent residences intended to be occupied by two (2) families (or groups of people) living independently of one another, but does not encompass Primary/Secondary Structures. For purposes of the Dwelling Unit calculation, each residence within a Duplex Structure counts as a separate Dwelling Unit, thereby counting as two Dwelling Units per Duplex Structure. If the Site on which a Duplex Structure is constructed is subsequently subdivided into two separate Lots, each of the Lots and Dwelling Units can be owned separately as fee simple estates and ownership can then be conveyed or transferred independently. Dwelling means a Building or portion thereof the occupancy of which is exclusively for Residential Use as a Single-family Dwelling, Duplex Dwelling, Multi-family Dwelling H-10 1650530.6 EXHIBIT B to ORDINANCE 26-02 (including Condominium Units designated for Residential Use), Primary/Secondary Dwelling or Major or Minor Home Occupation. Dwelling Unit(s) means one or more rooms which is designed, occupied or intended for occupancy as separate living quarters for the exclusive use of a single family (or group of people) or individual independently from any other family or group of people and having not more than one (1) primary indoor kitchen (provided that secondary “kitchenettes” such as butler kitchens, catering kitchens, bar kitchens and the like shall not be deemed to be primary kitchens) and at least one (1) bathroom. Effective Date means August 1[________],20142025,which is the effective date of the Amended and Restatedthis PUD Guide, and is intentionally distinguished from Original Effective Date. Engineered Grade means the elevation of the ground surface as shown in: (i) for Planning Area A, the Town-approved plan titled “Traer Creek Master Plan - PA-A” resubmitted to the Town and dated June 25, 2025, prepared by Martin/Martin Consulting Engineers; and (ii) for Planning Area D, the Town-approved plan titled “Traer Creek Planning Areas A-F Master Plan” resubmitted to the Town and dated January 18, 2022, prepared by Martin/Martin Consulting Engineers. Extended Stay Hotel means a Hotel/Motel/Lodge with Accommodation Units that have complete kitchen and bathroom facilities intended and utilized primarily for transient or semi-transient occupancy. Family Child Care Home means a facility for Child Care in a place of residence of a family or person for the purpose of providing less than twenty-fourtwenty-four (24) hour care for children under the age of eighteen (18) years who are not related to the head of such home, and may include any such other types of family Child Care homes as may be designated by rules of the State Department of Social Services pursuant to C.R.S. § 26-6-10626-6-106(2)(p). Final Plat means a final subdivision plat for the Property, or any portion thereof, including any replats thereof or amendments thereto, approved by the Town pursuant to Section G of this PUD Guide and/or Section 7.16.070 of the Development Code, as applicable. Finished Grade means the final elevation of the ground surface after development. Grocery Store means a retail establishment which primarily sells food for home consumption, beverages and other convenience and household goods. Gross Square Footage means the total floor area designed for occupancy and use, including basements, mezzanines, stairways and upper floors, if any, expressed in square feet and measured from the interior surface of joint partitions and exterior surface of outside walls. Group Home means a Structure within which a state licensed facility for the care and/or housing of developmentally disabled persons, mentally ill persons, sex offenders, parolees or similar distinct groups of individuals is undertaken. H-11 1650530.6 EXHIBIT B to ORDINANCE 26-02 Home Occupation, Major means an occupation or business activity which results in a product or service and is conducted in whole or in part in a Dwelling Unit and does not qualify as a Minor Home Occupations because it: produces noise audible outside the Dwelling Unit; causes or requires customers, delivery persons, employees or any person to enter the property on or within which the Dwelling Unit is located; requires alteration to the Dwelling Unit to satisfy applicable fire, building or health codes or regulations; requires or allows any signs to be visible from the outside of the property on or within which the Dwelling Unit is located; and/or changes the appearance or residential character of the Structure. A Major Home Occupation Use shall be considered a Commercial Use. Home Occupation, Minor means any occupation, profession or other activity (including any activity associated with a non-profit group) that takes place entirely within a Dwelling Unit and which does not: produce noise audible outside the Dwelling Unit; cause or require customers, delivery persons, employees or any person to enter the property on or within which the Dwelling Unit is located; require alteration to the Dwelling Unit to satisfy applicable fire, building or health codes or regulations; require or allow any signs to be visible from the outside of the property on or within which the Dwelling Unit is located; or change the appearance or residential character of the Structure. A Minor Home Occupation shall be considered a Residential Use. Hospital means an institution providing health services primarily for human inpatient medical or surgical care for the sick or injured and including related facilities such as laboratories, out-patient departments, cafeteria and food preparation areas, training and central services facilities and staff offices. Hospitals expressly exclude Uses not incorporated into an institution providing health services primarily for human inpatient medical or surgical care, including without limitation, the following: long-term care facilities, group and congregate care facilities, nursing homes, assisted and independent living facilities, clinics, laboratory, medical and dental offices, urgent care, rehabilitation centers and x-ray/MRI centers. Hotel, Motel and Lodge means a Building, including an Extended Stay Hotel but excluding a Bed and Breakfast, containing three (3) or more Accommodation Units and which may include Accessory Use facilities such as offices, laundry facilities, recreation facilities, lobbies, lounges, kitchen and dining facilities, meeting rooms, retail and other similar accessory uses commonly associated with hotels, motels and lodges. H-12 1650530.6 EXHIBIT B to ORDINANCE 26-02 Industrial Use(s), Heavy or Light means: (i)with respect to Heavy Industrial Uses, those uses engaged in the basic processing and manufacturing of material or products predominately from extracted or raw materials, or a use engage in storage of, or manufacturing processes using flammable or explosive materials, or storage or manufacturing process that potentially involve hazardous conditions. Heavy Industrial Uses shall also mean those uses engaged in the operation, parking and maintenance of vehicles (but specifically excluding Automobile Repair Shops), cleaning of equipment or work processes involving solid waste or sanitary waste transfer stations, recycling establishments, and transport terminals (truck terminal, public works yard, container storage). (ii)with respect to Light Industrial Uses, those uses engaged in the manufacturing, predominantly from previously prepared materials, of finished products or parts, including processing, fabrication, assembly, treatment, packaging, incidental storage, sales or distribution of such products. Further Light Industrial Uses shall mean uses such as the manufacture of electronic instruments, preparation of food products, pharmaceutical manufacturing, research and scientific laboratories or the like. Light Industrial Uses shall not include uses such as mining and extracting industries,petro-chemicalpetro-chemical industries, rubber refining, primary metal, or related industries. Infrastructure means, excluding Dry Utilities, those man-made structures which serve the common needs of the population and are generally intended to be dedicated to, owned by and maintained by the Town, another governmental or quasi-governmental entity and/or a public utility provider, including but not limited to potable water systems; wastewater disposal systems; solid waste disposal sites or retention areas; storm drainage sys tems; electric, gas or other utilities; bridges; roadways; bicycle paths or trails; pedestrian sidewalks, paths or trails; and transit stops. Interim Use means a Use that is permitted on a case-by-case basis within a particular Planning Area or on a specific Site during the period prior to or during development of a Site upon an Applicant’s receipt of written approval from the Design Review Board (as applicable) in accordance with Section I.1 of this PUD Guide; provided, however, that Agricultural Uses as an Interim Use shall be construed to be a Use by Right within all Planning Areas without the requirement of written approval from the Design Review Board. Kennel means a facility licensed to house dogs, cats or other household pets and/or where grooming, breeding, boarding, training or selling of animals is conducted as a business. Landowner means the owner(s) of fee simple title to a Block, Lot, Tract or other parcel of real property as reflected in the official records of the Eagle County Tax Assessor. Notwithstanding any additional or conflicting provision of the Municipal Code, the definition of “Landowner” shall not be construed to mean any person or entity owning, holding or possessing an easement interest, a leasehold interest, a license, a security interest or any other form of interest, whether H-13 1650530.6 EXHIBIT B to ORDINANCE 26-02 possessory or otherwise, other than fee simple ownership as reflected in the official records of the Eagle County Tax Assessors office. Landscaped Area means that portion of a Site with any combination of living plants, such as trees, shrubs, vines, groundcover, flowers, or lawns; natural features and nonliving groundcover such as rock, stone and bark; structural features, such as fountains, reflecting pools, art works, screen walls, fences and benches; and pedestrian hardscaping features such as sidewalks and plazas; but shall not include parking areas and drive lanes. Lodging Square Footage has the meaning set forth in Section B.8(i)(i) of this PUD Guide. Lot(s) means a parcel of real property as shown with a separate and distinct “lot” number or letter on a Final Plat. Lot Area means the gross area contained within the external boundary lines of a Lot, expressed in acres or in square feet. Main Street means, as described and conceptually depicted in Exhibit F of this PUD Guide, the primary east-west roadway connecting Post Boulevard to Chapel Place. Manufactured Home means a Single-familySingle-family Dwelling which is: partially or entirely manufactured in a factory; at least twenty-fourtwenty-four (24) feet wide and thirty-sixthirty-six (36) feet long; permanently affixed to and installed on an engineered permanent foundation; covered by a pitched or cosmetically equivalent roof and brick or wood exterior siding; in compliance with HUD or UBC standards, as applicable, or meets or exceeds equivalent requirements and performance engineering standards. Master DeveloperLandowner means EMD Limited Liability Company, a Colorado limited liability company (with respect to Planning Area I only) and Traer Creek LLC, a Colorado limited liability company (in all other respects), which entities (or any successor entities)hold property for investment purposes and are designated and authorized to act on behalf of all Developer Affiliates. The Developer AffiliatesAffiliated Landowners. The Affiliated Landowners have designated the Master DeveloperLandowner to act on behalf of themselves and their respective successors in interest with respect to and for all purposes of this PUD Guide. The Developer AffiliatesAffiliated Landowners may designate a replacement Master DeveloperLandowner from time to time, or may terminate the role of the Master DeveloperLandowner, by delivery of written notice thereof to the Town and to Traer Creek Metropolitan District, its successors or assigns, which is signed by a majority of the Developer AffiliatesAffiliated Landowners owning any part of the Property as of the date of such notice. Any replacement Master DeveloperLandowner must be an entity that is a Developer Affiliatean Affiliated Landowner. The designation of a replacement Master DeveloperLandowner or termination of the role of Master Developer by the Developer AffiliatesLandowner by the Affiliated Landowners shall not require an amendment to this PUD Guide and shall not require the consent of the Town. Medical Marijuana Business means the Use of a Site, or portion thereof, for the cultivation, manufacture, production, distribution, acquisition or sale of marijuana, including for Medical marijuana Centers, manufacturing of Medical Marijuana-Infused Products, or Optional Premises H-14 1650530.6 EXHIBIT B to ORDINANCE 26-02 as such terms are defined by C.R.S. § 12-43.3-10412-43.3-104, as may be amended, regardless of whether such Use is for profit or not for profit. Minimum Design Guideline Standards means the minimum design guideline standards for The Village (at) Avon set forth in Exhibit E of this PUD Guide. Mixed Use Project means the development of a Site, Building or Structure with two or more different Uses in accordance with the Development Standards and which is designed, planned and constructed as a unified project. Mixed Use Projects may be horizontally integrated or vertically integrated, or both. Mobile Home means a Single-familySingle-family Dwelling partially or entirely manufactured in a factory, built on a permanent chassis, which is designed to be transported on streets to the place where it is to be occupied as a Dwelling Unit, and is: at least twenty-fourtwenty-four (24) feet wide and thirty-sixthirty-six (36) feet long; permanently affixed to and installed on an engineered permanent perimeter foundation; covered by a pitched or cosmetically equivalent roof and brick or wood exterior siding; in compliance with HUD or UBC standards, as applicable, or meets or exceeds equivalent requirements and performance engineering standards. Mixed Use Project means the development of a Site, Building or Structure with two or more different Uses in accordance with the Development Standards and which is designed, planned and constructed as a unified project. Mixed Use Projects may be horizontally integrated or vertically integrated, or both. Multi-family Dwelling means a Building containing three or more Dwelling Units, whether such Dwelling Units are for sale or for lease (including Condominium Units designated for Residential Use). Municipal Code means the Town’s Municipal Code, as amended from time to time, unless otherwise stated. Natural Grade means the elevation of the ground surface in its natural state, before man-made alterations. Nude Entertainment Establishments means establishments open for business to the public in which persons appear in a state of nudity for the purpose of entertaining the patrons of such establishments, as more particularly described in Chapter 8.26 of the Municipal Code, as in effect on the Effective Date. Off-street Parking Area means all off-street areas and spaces designed, used, required or intended to be used for the parking, storage or operation of motor vehicles, including Driveways or access ways in and to such areas, but not including any Outdoor Storage area used principally for storage of recreational vehicles, landscaping materials or other bulk items, or public streets and rights-of-way. Open Space means any land or water area with its surface open to the sky which serves specific Uses of providing park and recreation opportunities, conserving natural areas and environmental resources, structuring urban development form, and protecting areas of agricultural, H-15 1650530.6 EXHIBIT B to ORDINANCE 26-02 archeological or historical significance, but shall not be construed to mean vacant or undeveloped land that is zoned for development. Original Effective Date means October 13, 1998, and is intentionally distinguished from Effective Date. Original PUD Guide. The means the version of this PUD Guide originally approved by the Town on October 13, 1998 and recorded in the real property records of Eagle County, Colorado, on November 25, 1998 at Reception No. 677744, as amended by the Prior Amendments.prior to the Effective Date pursuant to certain instruments filed of record, through and including: (i) The Village (at Avon) Second Amended and Restated PUD Guide, dated September 11, 2018, and recorded in the real property records of Eagle County, Colorado, on October 10, 2018, at Reception No. 201817341; and (ii) The Village (at Avon) PUD Master Plan Administrative Amendment No. 2, dated March 11, 2024, and recorded in the real property records of Eagle County, Colorado, on March 13, 2024, at Reception No. 202402669. Outdoor Storage means the storage of any equipment, good, junk material, merchandise or vehicles in the same place for more than twenty-fourtwenty-four (24) hours in any area other than within a roofed Structure. Parking Regulations means, as set forth in Exhibit C to this PUD Guide, the sole and exclusive Development Standards regulating parking within The Village (at Avon) PUD, which expressly supersede any additional or conflicting provisions of the Municipal Code (including but not limited to the parking standards set forth in Chapter 7.28 of the Development Code, including without limitation, any additional or conflicting such provisions. Parking Structure(s) means an above ground or below ground Structure of one or more levels containing Drive Aisles and parking stalls, which may be a stand-alone Structure or be integrated into or within a Structure as an Accessory Use or Accessory Structure, and which may provide Commercial Parking, Public Parking or Private Parking. Planning and Zoning Commission means the Town’s Planning and Zoning Commission. Planning Area means an area indicated as a planning area on the PUD Master Plan, the Use and development of which shall be regulated by and be undertaken in accordance with the Development Plan. Planning Department means the Town’s Planning Department. Preliminary Engineering means the following submittals in connection with certain future street improvements within The Village at (Avon) as described in Section A.4(g) of the PUD Guide: utilities locations (excluding utility sizing), preliminary drainage report, preliminary grading plan and street cross sections, including transitions between any different cross sections. Preliminary Plan means a preliminary subdivision plat for the Property, or any portion thereof, approved by the Town pursuant to Section G of this PUD Guide and/or Section 7.16.070 of the Development Code, as applicable. H-16 1650530.6 EXHIBIT B to ORDINANCE 26-02 Primary/Secondary Structure means a structure that consists of two Dwelling Units within a single fee simple estate: one primary unit (containing the Principal Use) and one secondary unit (i.e, a “mother-in-law suite,” carriage house or caretaker’s quarters). The primary unit must be a Single-familySingle-family Dwelling. Within all Planning Areas, the secondary unit can be no more than 25% of the floor area of the primary unit. The secondary structure may attached to or detached from the primary unit; provided that the two units cannot be subdivided or separately conveyed or transferred in ownership and the secondary unit may not be leased or subject to a leasehold interest separate from the primary unit. The Residential Use of the Secondary Structure shall be construed to be an Accessory Use to the Principal Use of the Primary Structure. For all purposes under this PUD Guide, the primary unit and secondary unit, whether attached or detached, shall be counted as two Dwelling Units. Principal Use means the primary or main Use of a Site or Structure as distinguished from a subordinate or Accessory Use. Prior Amendments has the meaning set forth in Section A.2(b) of this PUD Guide. Private Parking means a surface parking lot or Parking Structure that provides accessory parking to a specific Building or Use, is available for parking by the owners, tenants and/or customers of the Building or Use, may include reserved parking spaces, and which is owned by a private, non-governmental entity such as an owners association. Prohibited Use means a Use which is not permitted within a particular Planning Area, as distinguished from a Use by Right, a Special Review Use, a Temporary Use or an Interim Use. Property means the real property commonly known as The Village (at Avon) PUD, the boundaries of which are legally described in Exhibit A to this PUD Guide. Property Line means the boundary of any Lot, Block, Tract, Site or other parcel of land as the same is described in the pertinent Final Plat or instrument of conveyance to the Landowner, as applicable. Public Improvement(s) means any drainage ditch, storm water improvement, potable water line, sanitary sewer line, similar utility extension, roadway, parkway, sidewalk, pedestrian way, tree lawn, landscaped Open Space, Off-street Parking area, Lot improvement or similar facility or improvement which benefits the public, is required by the Town to be provided by or on behalf of the Applicant and assurance of completion to be provided as a condition of any development approval, and is documented in a Public Improvements Agreement. Public Improvements may include and generally will be comprised of Infrastructure and/or Dry Utilities, but may include types of improvements other than Infrastructure and Dry Utilities or exclude certain types of improvements that are Infrastructure or Dry Utilities. Public Improvements Agreement means an agreement to be entered into between the Town and the party responsible for constructing public infrastructure in connection with the applicable Application as contemplated by Section 7.32.100 of the Development Code. Public Improvement Company means, collectively, The Village (at Avon) Commercial Public Improvement Company and The Village (at Avon) Mixed-Use Public Improvement Company, H-17 1650530.6 EXHIBIT B to ORDINANCE 26-02 which the Master DeveloperLandowner has created in accordance with and for the purposes stated in the Development Agreement. Public Facility(ies) means constructed facilities that are owned by the Town, a District or another governmental or quasi-governmental entity, including but not limited to: transportation sys tems or facilities; water systems or facilities; wastewater systems or facilities; storm drainage systems or facilities; fire, police and emergency services sys tems or facilities; electric, gas, telecommunications utilities or facilities; and other publicly owned buildings or facilities. Public Parking means a surface parking lot or Parking Structure that is available for parking by the general public and which is owned by the Town, a quasi-governmental entity (specifically including Traer Creek Metropolitan District and Village Metropolitan District and any other quasi-governmental entity or urban renewal authority approved by the Town after the Effective Date and having all or any part of its boundaries or service area located within The Village (at Avon)). PUD Guide means this The Village (at Avon)SecondThird Amended and Restated PUD Guide dated September 11, 2018[_____________, 2025], and all exhibits attached hereto. PUD Master Plan means The Village (at Avon) P.U.D. Master Plan attached hereto as Exhibit B and incorporated herein. The PUD Master Plan depicts, among other things, Planning Areas and permanent, temporary and conceptual road alignments for the development of The Village (at Avon). Recycling Facility means a facility, which may be either contained and conducted within a Structure or conducted outside of a Structure so long as all materials are stored within an enclosed container, for the collection and temporary storage (prior to relocating to a Recycling Processing Center) of empty beverage containers, aluminum, glass, paper, cardboard, clothing or other materials for recycling purposes. Recycling Processing Center means a facility in which recycling materials received from a Recycling Facility or from other sources are processed for subsequent use or distribution. Religious Facility means a Building containing a hall, auditorium or other suitable room or rooms used for the purpose of conducting religious worship or other services or meetings of the occupants of such structure, including churches, synagogues, mosques or the like, but excluding any Buildings used for commercial endeavors. Remaining Community Housing Units has the meaning given it in Section I.15(a) of this PUD Guide. Required Street Connections has the meaning given it in Section G.5(b) of this PUD Guide. Residential Use means the Use of a Building (or applicable portion thereof) for purposes of a Single-family Dwelling, Duplex Dwelling, Multi-family Dwelling,Community Housing Unit, Minor or Major Home Occupation (portion of the Building not used for Commercial or Industrial Uses), Primary/Secondary Structure or Group Home. H-18 1650530.6 EXHIBIT B to ORDINANCE 26-02 Restaurant(s) means an establishment engaged in the Use or Accessory Use of a building or structure for the sale of foods and beverages to the customer in a ready-to consume state, and in which the design or principal method of operation includes the following characteristics: (i)With respect to “drive-through” Restaurants, allows food or beverages to be served directly to the customer in a motor vehicle without the need for the customer to exit the motor vehicle. (ii)With respect to “fast food” Restaurants: (a)Food and beverages are usually served in paper, plastic or other disposable containers; (b)The consumption of food and beverages is encouraged or permitted within the Restaurant building, within a motor vehicle parked upon the premises or at other facilities on the premises outside the restaurant building, or for carry-out; and (c)Drive-through facilities are allowed, subject to Design Review Board review and approval of Site-internal traffic patterns, Site-internal vehicle stacking areas, and entrance and exit locations. (iii)With respect to “standard” Restaurants, which may but are not required to include as an Accessory Use the on-premises production of fermented (alcoholic) malt beverages and/or malt, special malt or vinous and spirituous liquors: (a)Customers are served their food and/or beverages by a restaurant employee at the same table or counter at which the items are consumed; and/or (b)Customers are served their food and/or beverages by means of a cafeteria type operation where the food or beverages are consumed within the Restaurant building. Required Street Connections has the meaning giving it in Section G.5(b) of this PUD Guide. Service Station(s) means a facility equipped for the sale of gasoline, diesel, electricity or other forms of fuel for motorized vehicles, and which may but is not required to include as an Accessory Use Convenience Retail, fast food Restaurants, drive-through Restaurants, and/or automated or self car washes. Settlement Term Sheet has the meaning set forth in Section A.2(c) of this PUD Guide. Short Term Rental(s), pursuant to Section 3.29.020 of the Municipal Code, in effect as of the Effective Date, means any room or rooms, apartment, condominium, boardinghouse, hotel room, guesthouse, lodge, campground site, recreational vehicle space, bed and breakfast, residence or similar accommodation generally used for sleeping and made available for a fee or other H-19 1650530.6 EXHIBIT B to ORDINANCE 26-02 consideration to guests on an overnight basis for a period fewer than thirty (30) days, excluding any unit classified as commercial property by the Eagle County Assessor. For the purposes of this PUD Guide, Short Term Rental(s) may only be operated in an existing Dwelling(s) otherwise permitted in the applicable Planning Area, subject to compliance with applicable Town licensing and related regulatory requirements. Accommodations Unit(s) may not be used as Short Term Rental(s). The operation or non-operation of a Building, Dwelling, Dwelling Unit, or any portion thereof, as a Short Term Rental will not affect the classification of such Building, Dwelling, or Dwelling Unit’s otherwise applicable Use Category under this PUD Guide. Single-family Dwelling means a Building designed exclusively for occupancy by one (1) family (or individual or group of individuals living independently as a unit), but expressly excluding a Mobile Home. Site means a specifically described area of land which is the subject of a development Application, and which may be a Lot, an aggregation of Lots within a Mixed Use Project or any other form of designation or combination of designations of specifically described areas of land that are otherwise eligible to be developed under the terms of this PUD Guide and applicable law. Site Coverage means the ratio, expressed as a percentage, of the area of a Site which is rendered impermeable by Buildings compared to the Lot Area (or in the case of an assemblage of Lots, the gross area contained with the entire Site). Special Review Use means a Use or Uses permitted to be developed or conducted within The Village (at Avon) PUD only upon further Town review and approval of such Use in accordance with and subject to compliance with the terms and conditions of Section E of this PUD Guide. Any such Special Review Uses are further subject to compliance with the applicable Development Standards, the Design Review Guidelines, the Subdivision Regulations and approval by the Design Review Board, and issuance of a building permit in accordance with Section A.4(h) above and any applicable Town use permit or business permit in accordance with applicable requirements of the Municipal Code, as superseded or modified by the Development Plan. Story(ies) means a space in a Building between two adjacent floors or between a floor and an adjacent roof, excluding vaulted spaces with or without a floor, outdoor area, rooftop patios/decks and similar spaces, and excluding any Story which has a ceiling height that is less than 6 feet above Finished Grade (e.g., basements, garden level basements and underground parking garages). Where grades are necessary to be lowered to allow for vehicular parking garage access or pedestrian access into a Story which has a ceiling height that is less than 6 feet above Finished Grade, Finished Grade shall be assumed at a level as if these accesses did not exist (e.g., Finished Grade level on either side of the access). Structure means a combination of materials to form a construction for Use, occupancy or ornamentation whether installed on, above or below the surface of land or water. H-20 1650530.6 EXHIBIT B to ORDINANCE 26-02 Subdivision Regulations means Section 7.16.070 of the Development Code, as modified and/or superseded by the provisions of Section G of this PUD Guide. Supplemental Hotel Design Standards has the meaning given it in Section I.9 of this PUD Guide. The Village (at Avon) PUD means the zone district authorized for the Property by the Town, and which constitutes the sole and exclusive zoning regulations applicable within the Property and expressly supersedes any additional or conflicting provisions of the Municipal Code, as superseded or modified by the Development Plan. Temporally Divided Dwelling means any Dwelling with respect to which more than four (4) persons (or entities), whether by fee interest, leasehold or contractual right, are entitled to the use, occupancy or possession of such Dwelling according to a fixed or floating time schedule occurring periodically over any period of time (the use, occupancy or possession by each person being exclusive of that by the others. Temporally Divided Dwelling includes but is not limited to a timeshare estate as defined in C.R.S. § 38-33-11038-33-110, any form of interval ownership, any form of fractional fee ownership, and any form of vacation club or similar venture. For purposes of this definition, the Use of the Dwelling rather than the form of ownership of the Dwelling (i.e., whether owned in fee by a single owner, a corporate entity engaged in the business of providing services to those entitled to the use, occupancy or possession of a Temporally Divided Dwelling, or similar forms of ownership) shall be determinative of whether a Dwelling is a Temporally Divide Dwelling; provided, however that ownership of an interest in joint tenancy by two (2) persons shall be considered one (1) person. Temporary Use means any Use that is not classified as a Permitted Use, Special Review Use or Interim Use with respect to the applicable Planning Area, and which is permitted in accordance with Section 7.24.080 of the Development Code (Temporary Uses and Structures). The Village (at Avon) PUD means the zone district authorized for the Property by the Town, and which constitutes the sole and exclusive zoning regulations applicable within the Property and expressly supersedes any additional or conflicting provisions of the Municipal Code, as superseded or modified by the Development Plan. Town means the Town of Avon, a municipal corporation of the State of Colorado. Town Council means the Town Council of the Town. Tract means a parcel of real property as shown with a separate and distinct “tract” number or letter on a Final Plat. Transit Shelter means a Structure which provides protection from the weather to persons who are waiting to board a publicly or privately operated bus or other form of mass transit. Transportation Master Plan. The Transportation Master Plan adopted by the Town, as may be amended from time to time. H-21 1650530.6 EXHIBIT B to ORDINANCE 26-02 Use(s) means the primary or principal purpose for which land or a building or structure is designated, arranged, or intended, or for which it either is or may be occupied or maintained. Use(s) by Right means a Use or Uses permitted to be developed or conducted within The Village (at Avon) PUD without the requirement of further Town review or approval, subject to compliance with the applicable Development Standards, the Design Review Guidelines, the Subdivision Regulations and approval by the Design Review Board, and with respect to which a building permit shall be issued in accordance with Section A.4(h) of this PUD Guide and/or any applicable Town use permit or business permit in accordance with applicable requirements of the Municipal Code, as superseded or modified by the Development Plan. Use Category means one of the following general categories of Use that may be permitted within The Village (at Avon) on a Planning Area by Planning Area basis: (i)Residential Uses. (ii)Commercial Uses. (iii)Industrial Uses. (iv)Interim Uses. (v)Mixed Use Projects. (vi)Public Facilities. Vacation Club means a corporate entity that is the record owner, as reflected in the records of the Eagle County Tax Assessor, of a Temporally Divided Dwelling which Dwelling it makes available to its members and/or guests of its members for their accommodation on a periodic basis in consideration of such members’ interest or membership in the entity. Vested Property Right(s) has the meaning set forth in Section 2.4 of the Development Agreement. Vested Property Rights Regulations means Section 7.16.140 of the Development Code, as modified by this PUD Guide. Vested Property Rights Statute means Sections 24-68-101 et seq. of the Colorado Revised Statutes as in effect on October 13, 1998. Wildlife Mitigation Plan means, as set forth in Exhibit D to this PUD Guide, the sole and exclusive Development Standards for wildlife mitigation measures applicable within The Village (at Avon) PUD, and which expressly supersedes any additional or conflicting provisions of the Municipal Code. Wireless Telecommunication Equipment means any equipment used to provide Wireless Telecommunication Service, but which is not affixed to or contained within a Wireless Telecommunication Facility, but is instead affixed to or mounted on an existing Building or H-22 1650530.6 EXHIBIT B to ORDINANCE 26-02 Structure the Primary Use of which is not for the provision of Wireless Telecommunications Services. Wireless Telecommunication Equipment also includes a ground mounted base station used as an Accessory Structure that is connected to an antenna mounted on or affixed to an existing Building. Wireless Telecommunication Facility means any freestanding facility, Building, pole, tower or other Structure used to provide only Wireless Telecommunication Services, and which consists of, without limitation, antennae, equipment, storage and other Accessory Structures used to provide Wireless Telecommunications Services. Wireless Telecommunication Service means services providing for the transmission of wireless communications utilizing frequencies authorized by the Federal Communications Commission for paging sys tems, enhanced specialized wireless telecommunication, persona communication services, cellular telephone service and any similar services provided by means other than Cabled Telecommunication Services. H-23 1650530.6 EXHIBIT B to ORDINANCE 26-02 EXHIBIT I Section 7.16.070 of Development Code 7.16.07 Subdivisions. The purpose of the subdivision review procedures is to ensure compliance with all the standards and requirements in this Development Code and encourage quality development consistent with the goals, policies and objectives in the Comprehensive Plan. (a)Applicability. The procedures of this Section and the standards in Chapter 7.32, Engineering Improvement Standards, shall apply to all subdivisions or re-subdivisions that result in the portioning, dividing, combining or altering of any lot, parcel or tract of land, including land used for condominiums, apartments or any other multiple dwelling units or creation of an estate in airspace, except any subdivisions that are specifically excluded by state law. If a tract of land that has been created or subdivided in the past is later described as a single tract in deeds or plat by the legal or equitable owners, any later subdivisions of that tract, even if along the lines of the earlier subdivision, shall be subject to the requirements of these regulations. If any tract of land or airspace has been subdivided as one (1) type of subdivision and thereafter is subdivided so as to create a different type of subdivision (for example, conversion of a condominium subdivision to a timesharing subdivision), the conversion shall be subject to the requirements of this Development Code. Unless the method of disposition is adopted for the purpose of evading the requirements of the Development Code, this procedure shall not apply to any division of land that: (1)Is created by a lien, mortgage, deed of trust or any other security instrument; (2)Is created by any interest in an investment entity; (3)Creates cemetery lots; (4)Creates an interest or interests in oil, gas, minerals or water that are severed from the surface ownership of real property; (5)Is created by the acquisition of an interest in land in the name of a husband and wife or other persons in joint tenancy or as tenants in common of such interest. For the purpose of this Paragraph, any interest in common owned in joint tenancy shall be considered a single interest; (6)Creates a leasehold interest with a term of less than twenty (20) years and involves no change in use or degree of use of the leasehold estate; (b)Subdivision Categories. Categories of subdivisions are established and defined as follows for the purpose of determining the appropriate subdivision review procedure: (1)Major Subdivision. Major subdivisions include all subdivisions which would create four (4) or more separate parcels of land or which would require or which propose public improvements. (2)Minor Subdivision. Minor subdivisions include all subdivisions which would create less than four (4) separate parcels of land, subdivisions which do not require or propose public improvements, subdivisions which consolidate two (2) or more lots into a single lot in a previously recorded subdivision plat and subdivisions which move any lot lines by more than two (2) feet; but shall not include subdivisions which are administrative subdivisions. Condominiums and timeshare Exhibit I- Page 1 2985509.10 EXHIBIT B to ORDINANCE 26-02 subdivisions more than four (4) units which do not propose public improvements shall be processed as minor subdivisions. (3)Administrative Subdivisions. Administrative subdivisions are subdivisions which include dividing a parcel of land for a duplex, subdivisions for the purpose of correcting survey errors, condominium and timeshare subdivisions up to four (4) units and subdivisions which adjust lot lines by two (2) feet or less and which do not change the number of lots. The Director shall have the authority to determine that an administrative subdivision application shall be processed as a minor subdivision where the character of the subdivision application or multiple applications presents issues which warrant review and approval by the Town Council. All administrative subdivisions are exempt from notice requirements outlined in Subsection 7.16.020(d). (c)Review Procedures. Applications for a subdivision shall follow the general review procedures set forth in Section 7.16.020, General Procedures and Requirements. Applications for subdivision must be initiated by the owner of the real property. The Director may combine preliminary plan and final plat review where the subdivision application can be reviewed efficiently and effectively with a combined process. Where subdivision approval will be required to implement development in a proposed PUD, the applicant shall file a single preliminary plan incorporating the application requirements of both the PUD and subdivision preliminary plans. The provisions and procedures for public notice, hearing and review for a PUD as prescribed in the Development Code shall apply to the application. (d)Review Authority. The review authority for a subdivision application shall be determined by the subdivision category. (1)Major Subdivision. Major subdivisions shall be required to obtain approval for a preliminary plan and for a final plat. The PZC shall review a preliminary plan for a major subdivision application and shall provide a recommendation to the Town Council after conducting a public hearing. The Town Council shall render the final decision on a preliminary plan for a major subdivision application after conducting a public hearing. The Town Council shall review the final plat for major subdivision applications and render a final decision after conducting a public hearing. The preliminary plan and final plat for major subdivisions shall be approved by resolution or ordinance of the Town Council. (2)Minor Subdivision. Minor subdivisions shall require final plat review and approval only where no public improvements are proposed; however, the review criteria for a preliminary plan shall apply to review of minor subdivision final plats in addition to the review criteria for a final plat. The Town Council shall render the final decision on a minor subdivision application after conducting a public hearing. Minor subdivisions shall be approved by resolution or ordinance of the Town Council. (3)Administrative Subdivisions. Administrative subdivisions shall require final plat review and approval only; however, the review criteria for a preliminary plan shall apply to review of administrative subdivisions in addition to the review criteria for a final plat. The Director shall review and render decisions on administrative subdivisions. A decision of the Director may be appealed to the Town Council pursuant to Section 7.16.160, Appeal. (e)Preliminary Plan Review Criteria. The reviewing authority will use the following review criteria as the basis for recommendations and decisions on applications for preliminary plan subdivision applications: Exhibit I- Page 2 2985509.10 EXHIBIT B to ORDINANCE 26-02 (1)The proposed subdivision shall comply with all applicable use, density, development and design standards set forth in this Development Code that have not otherwise been modified or waived pursuant to this Chapter and that would affect or influence the layout of lots, blocks and streets. Applicants shall not create lots or patterns of lots in the subdivision that will make compliance with such development and design standards difficult or infeasible; (2)The subdivision application shall comply with the purposes of the Development Code; (3)The subdivision application shall be consistent with the Avon Comprehensive Plan and other community planning documents; (4)The land shall be physically suitable for the proposed development or subdivision; (5)The proposed subdivision shall be compatible with surrounding land uses; (6)There are adequate public facilities for potable water supply, sewage disposal, solid waste disposal, electrical supply, fire protection and roads and will be conveniently located in relation to schools, police, fire protection and emergency medical services; (7)The proposed utility and road extensions are consistent with the utility’s service plan and are consistent with the Avon Comprehensive Plan and Comprehensive Transportation Master Plan; (8)The utility lines are sized to serve the ultimate population of the service area to avoid future land disruption to upgrade under-sized lines; (9)The subdivision is compatible with the character of existing land uses in the area and shall not adversely affect the future development of the surrounding areas; (10)A proposed subdivision for an existing PUD shall be consistent with the relevant PUD Master Plan as reflected in the approval of that PUD; (11)Appropriate utilities, including water, sewer, electric, gas and telephone utilities, shall provide a “conditional capacity to serve” letter for the proposed subdivision; (12)That the general layout of lots, roads, driveways, utilities, drainage facilities and other services within the proposed subdivision shall be designed in a way that minimizes the amount of land disturbance, minimize inefficiencies in the development of services, maximizes the amount of open space in the development, preserves existing trees/vegetation and riparian areas, protects critical wildlife habitat and otherwise accomplishes the purposes of this Development Code. (13)Evidence that provision has been made for a public sewage disposal system or, if other methods of sewage disposal are proposed, adequate evidence that such system shall comply with state and local laws and regulations; (14)Evidence that all areas of the proposed subdivision that may involve soil or topographical conditions presenting hazards or requiring special precautions have been identified by the applicant and that the proposed use of these areas are compatible with such conditions or that adequate mitigation is proposed; Exhibit I- Page 3 2985509.10 EXHIBIT B to ORDINANCE 26-02 (15)The subdivision application addresses the responsibility for maintaining all roads, open spaces and other public and common facilities in the subdivision and that the Town can afford any proposed responsibilities to be assumed by the Town; (16)If applicable, the declarations and owners’ association are established in accordance with the law and are structured to provide adequate assurance that any site design standards required by this Development Code or conditions of approval for the proposed subdivision will be maintained or performed in a manner which is enforceable by the Town; and (17)As applicable, the proposed phasing for development of the subdivision is rational in terms of available infrastructure capacity and financing. (f)Final Plat Review Criteria. After approval of a preliminary plan, the applicant may submit an application for a final plat. The following criteria shall apply to review of a final plat subdivision application: (1)The Town Engineer shall compare the legal description of the subject property with the County records to determine that: (i)The property described contains all contiguous single ownership and does not create a new or remaining unrecognized parcel of less than thirty-five (35) acres in size; (ii)The lots and parcels have descriptions that both close and contain the area indicated; and (iii)The plat is correct in accordance with surveying and platting standards of the State. (2)The final plat conforms to the approved preliminary plan and incorporates all recommended changes, modifications and conditions attached to the approval of the preliminary plan; (3)The final plat conforms to all preliminary plan criteria; (4)The development will substantially comply with all sections of the Development Code; (5)The final plat complies with all applicable technical standards adopted by the Town; and (6)Appropriate utilities shall provide an ability to serve letters, including but not limited to water, sewer, electric, gas and telecommunication facilities. (g)Public Improvements Guarantee. Guarantees for public improvements shall comply with Subsection 7.32.100(c). (h)Revocation. An approval of a final plat is revoked pursuant to this Section. (1)Recording. The applicant shall cause the final plat and restrictive covenants, if any, to be recorded within ninety (90) days from the date of approval and acceptance of the Council. In the event that the plat is not recorded, the approval of the Council shall be deemed to be void and such plat shall not thereafter be recorded, unless and until the Mayor executes a written authorization for recording the final plat. (2)Vacation. The final plat approval shall include a determination of a reasonable time by which the project should be completed. All plats given final approval shall contain a notation Exhibit I- Page 4 2985509.10 EXHIBIT B to ORDINANCE 26-02 indicating the date by which a project is expected to be completed, that shall be prima facie evidence of a reasonable time by which the project should have been completed. A plat or any portion thereof that has been finally approved by the Council and has been recorded shall be subject to vacation proceedings if the project that is the subject of the subdivision is not completed within the time set by Council. (3)Extension. Extensions of the time limit for project completion may be obtained from the Council for good cause shown, upon request by the applicant or owner of the tract, if made before the vacation proceedings are instituted. (Ord. 10-14 §3) Exhibit I- Page 5 2985509.10 EXHIBIT B to ORDINANCE 26-02 EXHIBIT B to ORDINANCE 26-02 EXHIBIT B to ORDINANCE 26-02 76 Table Insert Changes: 1 Table Delete 3 Add Intelligent Table Comparison: Active Table moves to 774 0 Summary report: Litera Compare for Word 11.9.1.1 Document comparison done on 10/24/2025 2:30:03 PM Table moves from 0 Delete Embedded Graphics (Visio, ChemDraw, Images etc.) 684 21 Original DMS: iw://ottenjohnson.cloudimanage.com/DOCS/1650530/6 Embedded Excel 0 Move From Format changes 76 0 Total Changes: Modified DMS: iw://ottenjohnson.cloudimanage.com/DOCS/2985509/10 1635 Move To Style name: Default Style EXHIBIT B to ORDINANCE 26-02 4199881.6 FIRST AMENDMENT TO CONSOLIDATED, AMENDED AND RESTATED ANNEXATION AND DEVELOPMENT AGREEMENT FOR THE VILLAGE (AT AVON) This FIRST AMENDMENT TO CONSOLIDATED, AMENDED AND RESTATED ANNEXATION AND DEVELOPMENT AGREEMENT FOR THE VILLAGE (AT AVON) (this “First Amendment”) is made as of [_______________, 2025] (“First Amendment Execution Date”), by and among the Town, TCMD, and Master Landowner. RECITALS This First Amendment is made with reference to the following facts: A.The Town, TCMD, and Master Landowner are parties to that certain Consolidated, Amended and Restated Annexation and Development Agreement for The Village (at Avon) Recorded on August 1, 2014 at Reception No. 201412777 (the “CARADA” and, together with and as amended by this First Amendment, the “Development Agreement”) which, among other things, creates vested property rights for the real property generally known as The Village (at Avon), and more particularly described and updated to reflect the Recording of various subdivision plats subsequent to the Execution Date of the Development Agreement and attached as Exhibit A to this First Amendment. B.Initially capitalized words and phrases used but not defined in this First Amendment have the meanings set forth in Exhibit F of the CARADA, which definitions are incorporated in this First Amendment. C.Pursuant to Sections 1.5 and 1.5(a) of the CARADA, the CARADA may be amended only in writing by the Town, TCMD, EMD, TCLLC (EMD and TCLLC being the Master Landowner as defined in this First Amendment) “and those additional parties, if any, to whom TCLLC or EMD has specifically granted, in writing, the power to enter into such amendments.” TCLLC and EMD have not granted the power to enter into amendments to any entity. D.Section 1.5 of the CARADA further provides that amendments to the CARADA require the written consent of the Limited Parties, VMD, and BNP in limited circumstances. Neither the circumstances requiring consent of the Limited Parties set forth in Section 1.5(b) of the CARADA nor the circumstances requiring the consent of VMD set forth in Section 1.5(c) of the CARADA apply to this First Amendment. The 2014 Reissue Documents were subsequently refinanced such that BNP is no longer an Intended Beneficiary and BNP’s written consent to an amendment to the CARADA is no longer required pursuant to Section 1.5(d) of the CARADA (and, pursuant to this First Amendment, BNP’s consent will not be required for any future amendment to the Development Agreement). E.Pursuant to Ordinance No. [_____________], Town Council approved the PUD Guide, which incorporates the PUD Master Plan, to implement certain amendments to the previously in effect versions concerning, among other matters, Planning Areas C, D, E, I, J, K, RMF-1, CH-1 and CH-2, the Community Housing Plan (as defined in the PUD Guide), applicable requirements and criteria pertaining to the maximum number of Dwelling Units (as defined in the EXHIBIT C to ORDINANCE 26-02 2 4199881.6 PUD Guide) that can be constructed on a cul-de-sac, and certain matters with respect to the operation of Short Term Rentals (as defined in the PUD Guide). F. In connection with the PUD Guide and PUD Master Plan approvals, the Town, TCMD, and Master Landowner wish to amend the CARADA to, among other things, modify certain provisions to conform with such amendments to the PUD Guide and PUD Master Plan and to extend the Vesting Term in accordance with the terms and conditions of this First Amendment. AGREEMENT NOW, THEREFORE, in consideration of the terms, conditions and covenants set forth in this First Amendment and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: I. Incorporation of Recitals. The Recitals are incorporated into and made substantive provisions of this First Amendment. II. Amendments. Pursuant to this First Amendment, the CARADA is amended and restated, and the Development Agreement incorporates such amended and restated provisions to read, as follows: (A) Master Landowner. All references to “Master Developer” are deleted and replaced with a corresponding reference to “Master Landowner.” (B) Affiliated Landowner(s). All references to “Developer Affiliate(s)” are deleted and replaced with a corresponding reference to “Affiliated Landowner(s).” (C) BNP. All references to “BNP” are deleted. (D) Section 1.4(a) Vesting Term. Section 1.4(a) is amended and restated to read in its entirety as follows: (a) Vesting Term. Due to the size and phasing of the Project, the potential for development of the Project to be affected by economic and financial cycles, the effect of national and statewide markets with regard to retailers, accommodations industry and builders, and the limitation of absorption rates by the local market conditions, the Vesting Term is comprised of the Primary Vesting Term and the Mountainside Vesting Term, as follows: (i) Primary Vesting Term. The initial term of the Vested Property Rights for the Project and the Property shall continue through and include October 20, 2039 (“Primary Vesting Term”). (ii) Mountainside Vesting Term. Notwithstanding expiration of the Primary Vesting Term with respect to other areas within the Project, the term of the Vested Property Rights for Planning Areas K, RMF-1, and Block 3 shall continue through and include October 20, 2059 (“Mountainside Vesting Term”). EXHIBIT C to ORDINANCE 26-02 3 4199881.6 (iii)Expiration of Vesting Term. If the Term expires prior to expiration of the Vesting Term, the Vesting Term shall continue in full force and effect and shall survive expiration of the Term in accordance with and subject to the terms, conditions and limitations set forth in this Agreement. The Vested Property Rights shall be deemed terminated and of no further force or effect on, with respect to the Primary Vesting Term, October 21, 2039, and, with respect to the Mountainside Vesting Term, on October 21, 2059; provided, however, that such termination shall not affect: (A)annexation of the Property to the Town; (B)any common-law vested rights obtained prior to such termination; (C)any right arising from Town building permits, development approvals or other zoning entitlements for the Property or the Project which were granted or approved prior to expiration of such Vesting Term; or, (D)any obligation of a Party under this Development Agreement that has not been fully performed as of the date on which such Vesting Term expires. (E)Section 2.4 Vesting of Property Rights. The introductory paragraph of Section 2.4 is amended and restated in its entirety to read as follows (the remaining provisions under Section 2.4 being unaffected hereby): 2.4 Vesting of Property Rights. This Development Agreement ratifies the Vested Property Rights established by the Original Agreement and the Original PUD Guide (as subsequently extended) and, as described in Section 1.4(a), extends the term of such Vested Property Rights (including with respect to future amendments to any such Approved SSDP) through and including October 20, 2039, for the Primary Vesting Term, and October 20, 2059, for the Mountainside Vesting Term. (F)Section 2.4(f) Vesting of Property Rights. Section 2.4(f) is amended and restated to read in its entirety as follows: (f)Notwithstanding any additional or contrary provision of the Municipal Code (as in effect from time to time), and notwithstanding any prior expiration of the Term, the Vesting Term with respect to the Development Plan and other Approved SSDPs (if any) shall not expire, be deemed forfeited, or otherwise limited or impaired prior to October 21, 2039, for the Primary Vesting Term, and October 21, 2059, for the Mountainside Vesting Term. For the avoidance of doubt and notwithstanding any contrary provision of the Municipal Code (as in effect time to time), the scope of Vested Property Rights established by the Development Plan specifically includes the right that all amendments to the Development Plan or other Approved SSDPs (if any) approved by the Town shall be and remain vested through and including the last day of the Vesting Term, and includes the right to retain and enjoy the remaining period of the Vesting Term for any amendment to the Development Plan or other Approved SSDPs (if any). Accordingly, during the Vesting Term (and notwithstanding any prior expiration of the Term) Town Council (or other final decision-maker of the Town) shall not condition approval of any future amendment to the Development Plan or other Approved SSDPs (if any) on, nor shall Town Council EXHIBIT C to ORDINANCE 26-02 4 4199881.6 (or other final decision-maker of the Town) make any such approval subject to the Applicant’s, Landowner’s or Master Landowner ’s consent to, a reduction of the then-remaining Vesting Term. (F) Section 2.6 Compliance with General Regulations. Section 2.6 is amended and restated to read in its entirety as follows: 2.6 Compliance with General Regulations. Except as otherwise provided in the Development Plan, including, but not limited to provisions relating to cul-de-sac standards, the establishment of Vested Property Rights under this Development Agreement shall not preclude the application on a uniform and non-discriminatory basis of Town ordinances and regulations of general applicability (including, but not limited to, building, fire, plumbing, electrical and mechanical codes, the Municipal Code (as in effect on the Original Effective Date or as amended from time to time), and other Town rules and regulations) or the application of state or federal regulations, as all of such regulations existed on the Original Effective Date or may be enacted or amended after the Effective Date; provided, however, that Town ordinances and regulations newly enacted or amended after the Original Effective Date shall not directly or indirectly have the effect of adversely altering, impairing, preventing, diminishing, imposing a moratorium on development, delaying or otherwise adversely affecting any Landowner’s Vested Property Rights. No Landowner shall be deemed to have waived its right to oppose the enactment or amendment of any such ordinances and regulations. (G) Section 3.3(a)(i) Cul-De-Sacs. A new Section 3.3(a)(i) is inserted to read in its entirety as follows: (i) Cul-De-Sacs. Cul-de-sacs may be developed in accordance with the standards set forth in the PUD Guide. Any provision in Title 15 or elsewhere in the Municipal Code that conflicts with the provisions of the PUD Guide regarding the maximum number of Dwelling Units (as defined in the PUD Guide) that can be constructed on a cul-de-sac shall not apply to the Project. (H) Section 3.7(e) Community Housing Dedication. A new Section 3.7(e) is inserted to read in its entirety as follows: (e) Community Housing Dedications. Pursuant and subject to the PUD Guide, and as depicted in the PUD Master Plan, Master Landowner has caused the Dedication to the Town and the Town has acquired title to and granted Final Acceptance of the land within Planning Areas CH-1 and CH-2 for the Town’s intended use of such parcels as Community Housing Units to be owned, operated and managed by the Town. Master Landowner consents to the Town’s use of the land in Planning Areas CH-1 and CH-2 in accordance with the terms, conditions, requirements and restrictions set forth in the PUD Guide and this Section 3.7(e). (i) Planning Area CH-1. Planning Area CH-1 consists of: (1) Lot 8, Third Amended Final Plat, Amended Final Plat, The Village (at Avon) Filing 1, A Resubdivision of Lot 1, Recorded at Reception No. 2019013092, being an approximately 0.51-acre Site which previously was within Planning Area D; and (2) a portion of Lot 3, Second Amended Final Plat, Amended Final Plat, The Village (at Avon) Filing 1, A EXHIBIT C to ORDINANCE 26-02 5 4199881.6 Resubdivision of Lot 1, Recorded at Reception No. 201412782, which Lot 3 was the 3.536-acre Site designated as Planning Area E and comprised that part of the School Site Dedication described in Section 3.7(a)(i)(A). The inclusion of that portion of Lot 3 described in the foregoing clause (2) shall not be construed as negating full satisfaction of the School Site Dedication described in Section 3.7(a)(i)(A) nor shall it be construed as increasing or otherwise modifying that portion of the School Site Dedication described in Section 3.7(a)(i)(B). The use restriction described in Section 3.7(a)(i)(A) shall not apply to the land within Planning Area CH-1, which land shall be subject to the restriction that it be used for the Town’s intended development of Community Housing Units to be owned, operated and managed by the Town in accordance with the terms, conditions, requirements and restrictions set forth in the PUD Guide and this Section 3.7(e). Following the First Amendment Effective Date, Traer Creek Holdings No. 1 LLC shall convey Lot 8, Third Amended Final Plat, Amended Final Plat, The Village (at Avon) Filing 1, A Resubdivision of Lot 1, Recorded at Reception No. 2019013092 to the Town by special warranty deed, in the form attached as Exhibit B to this Development Agreement. Such special warranty deed shall contain the use restriction contemplated by this Section 3.7(e)(i). (ii) Planning Area CH-2. Master Landowner previously caused conveyance of Lot 5, Final Plat, The Village (at Avon) Filing 1 to the Town, being an approximately 4.03-acre Site which previously comprised Planning Area PF-1 and was Dedicated to and granted Final Acceptance by the Town in satisfaction of the Public Works Dedication (as defined in the Original Agreement) obligation pursuant to Section 4.3 of the Original Agreement. The designation of Lot 5 as Planning Area CH-2 and the Town’s use thereof for development of Community Housing Units to be owned, operated and managed by the Town shall not be construed as negating full satisfaction of the Public Works Dedication obligation described in Section 4.3 of the Original Agreement nor shall it be construed as requiring any further land Dedications in satisfaction of the Public Works Dedication obligation. Said Lot 5 shall be subject to the restriction that it be used for the Town’s intended development of Community Housing Units to be owned, operated and managed by the Town in accordance with the terms, conditions, requirements and restrictions set forth in the PUD Guide and this Section 3.7(e). (I) Section 8.12 Notices. Section 8.12 is amended and restated to read in its entirety as follows: 8.12 Notices. All approvals, consents, notices, objections, and other communications (a “Notice” and, collectively, “Notices”) under this Development Agreement shall be in writing and shall be deemed properly given and received when personally delivered, or sent by overnight courier (such as UPS or FedEx), or by email (pdf), addressed to the respective Parties, Limited Parties or Intended Beneficiaries at their respective addresses as set forth below. Notices shall be deemed effective: (i) if personally delivered, when actually given and received; or (ii) if by overnight courier service, on the next business day following deposit with such courier service; or (iii) if by email (pdf), on the same day if sent before 5:00 P.M. Mountain Time, or on the next business day if sent after 5:00 P.M. Mountain Time. No Notices shall be sent via United States mail. All Notices shall be addressed as follows (or to such other address as may be subsequently specified by Notice given in accordance herewith): EXHIBIT C to ORDINANCE 26-02 6 4199881.6 To the Town: Town of Avon 100 Mikaela Way Avon, Colorado 81620 Attention: Town Manager Telephone: (970) 748-4004 Email: eheil@avon.org With a required copy to: Town of Avon 100 Mikaela Way Avon, Colorado 81620 Attention: Town Attorney Telephone: (303) 376-8512 Email: nina@wwfdlaw.com To TCMD: Traer Creek Metropolitan District 2001 16th Street, Suite 1700 Denver, CO 80202 Attn: Denise Denslow, CliftonLarsonAllen LLP Telephone: (303) 779-5710 Email: denise.denslow@claconnect.com With a required copy to: Spencer Fane 1700 Lincoln Street, Suite 2000 Denver, Colorado 80203 Attn: David S. O’Leary Telephone: (303) 839-3952 Email: doleary@spencerfane.com To VMD: The Village Metropolitan District 2001 16th Street, Suite 1700 Denver, CO 80202 Attn: Denise Denslow, CliftonLarsonAllen LLP Telephone: (303) 779-5710 Email: denise.denslow@claconnect.com With a required copy to: Spencer Fane EXHIBIT C to ORDINANCE 26-02 7 4199881.6 1700 Lincoln Street, Suite 2000 Denver, Colorado 80203 Attn: David S. O’Leary Telephone: (303) 839-3952 Email: doleary@spencerfane.com To Master Landowner: Traer Creek LLC 0101 Fawcett Road, Suite 210 Avon, CO 81620 Attn: Marcus Lindholm, Manager Telephone: (970) 949-6776 Email: marcuslindholm@traercreek.com With required copies to: Traer Creek LLC 0101 Fawcett Road, Suite 210 Avon, CO 81620 Attn: Michael Lindholm Telephone: (970) 949-6776 Email: michaellindholm@traercreek.com And to: Otten, Johnson, Robinson, Neff & Ragonetti, P.C. 950 17th Street, Suite 1600 Denver, Colorado 80202 Attention: Munsey L. Ayers [270412-0004] Telephone: 303.825.8400 Email: munsey@ottenjohnson.com EMD Limited Liability Company c/o Lava Corporation 0101 Fawcett Road, Suite 210 Avon, CO 81620 Attn: Michael Lindholm, President Telephone: (970) 949-6776 Email: michaellindholm@traercreek.com EXHIBIT C to ORDINANCE 26-02 8 4199881.6 With a required copy to: Otten, Johnson, Robinson, Neff & Ragonetti, P.C. 950 17th Street, Suite 1600 Denver, Colorado 80202 Attention: Munsey L. Ayers [270412-0004] Telephone: 303.825.8400 Email: munsey@ottenjohnson.com To the Limited Parties: Avon Urban Renewal Authority 100 Mikaela Way Avon, Colorado 81620 Attention: Town Manager Telephone: (970) 748-4004 Email: eheil@avon.org With a required copy to: Avon Urban Renewal Authority 100 Mikaela Way Avon, Colorado 81620 Attention: Town Attorney Telephone: (303) 376-8512 Email: nina@wwfdlaw.com The Village (at Avon) Mixed-Use Public Improvement Company 2001 16th Street, Suite 1700 Denver, CO 80202 Attn: Denise Denslow, CliftonLarsonAllen LLP Telephone: (303) 779-5710 Email: denise.denslow@claconnect.com With a required copy to: Otten, Johnson, Robinson, Neff & Ragonetti, P.C. 950 17th Street, Suite 1600 Denver, Colorado 80202 Attention: Munsey L. Ayers [270412-0004] Telephone: 303.825.8400 Email: munsey@ottenjohnson.com EXHIBIT C to ORDINANCE 26-02 9 4199881.6 The Village (at Avon) Commercial Public Improvement Company 2001 16th Street, Suite 1700 Denver, CO 80202 Attn: Denise Denslow, CliftonLarsonAllen LLP Telephone: (303) 779-5710 Email: denise.denslow@claconnect.com With a required copy to: Otten, Johnson, Robinson, Neff & Ragonetti, P.C. 950 17th Street, Suite 1600 Denver, Colorado 80202 Attention: Munsey L. Ayers [270412-0004] Telephone: 303.825.8400 Email: munsey@ottenjohnson.com To the Intended Beneficiaries: Affiliated Landowners c/o Traer Creek LLC [Utilizing the Master Landowner contact and required copy information set forth above.] (J)Exhibit A Legal Description. Exhibit A is amended and replaced in its entirety with Exhibit A attached to this First Amendment. (K)Exhibit F Amended Defined Terms. Paragraphs 24, 45, 52, 54, 92, 93, and 129 of Exhibit F are amended and restated in their entirety to read as follows: 24.Block 3 means Block 3, Final Plat, Avon Landing, a Replat of Tract H, The Village (at Avon), Filing No. 3, Recorded on September 3, 2015, at Reception No. 201516730, such parcel being located within PA-J. 42.Design Review Guidelines means the sole and exclusive architectural design, landscape design, urban design and Site design and use standards applicable within the Property as set forth in The Village (at Avon) Design Review Guidelines with an effective date of November 16, 2022, together with any amendment(s) the Design Review Board may approve after providing notice thereof in accordance with Section 3.1, as prepared, approved and promulgated by the Design Review Board from time to time. 44.Affiliated Landowner(s) means, individually or collectively as the context dictates, TC RP, TC Plaza, TC HD and TC WMT, together with any other entity with respect to which TCLLC or EMD is the managing member and which acquires title to any portion of the Property after the Execution Date. 45.Development Agreement means the Consolidated, Amended and Restated Annexation and Development Agreement for The Village (at Avon) Recorded on August 1, 2014, at Reception No. 201412777, as amended by this First Amendment. EXHIBIT C to ORDINANCE 26-02 10 4199881.6 52. Effective Date means August 1, 2014. 54. Execution Date means October 22, 2013. 66. Master Landowner means EMD (with respect to Planning Area I only) and TCLLC (in all other respects), which entities (or any successor entities), as more specifically described in Section 1.7, are designated and authorized to act on behalf of all Developer Affiliates. 92. PUD Master Plan means The Village (at Avon) P.U.D. Master Plan dated [_____________, 2025] attached as Exhibit B to the PUD Guide, as amended from time to time, which constitutes the approved sketch plan and master plan for development within the Property. 93. PUD Guide means The Village (at Avon) Third Amended and Restated PUD Guide (and all exhibits thereto, including but not limited to the PUD Master Plan) dated [_____________, 2025], as amended from time to time. 129. Vesting Term means the Primary Vesting Term and the Mountainside Vesting Term. (L) Exhibit F Additional Defined Terms. Exhibit F to the Development Agreement is amended to add the following: 28.1 CARADA has the meaning set forth in Recital A of the First Amendment. 29.1 Community Housing Units has the meaning set forth in the PUD Guide. 57.1 First Amendment means the First Amendment to the Consolidated, Amended and Restated Annexation and Development Agreement for The Village (at Avon). 57.2 First Amendment Effective Date means the date on which the First Amendment is Recorded. 57.3 First Amendment Execution Date has the meaning set forth in the initial paragraph of the First Amendment. 66.1 Mountainside Vesting Term has the meaning set forth in Section 1.4(a)(ii). 84.1 Primary Vesting Term has the meaning set forth in Section 1.4(a)(i). III. Authority to Amend; Vesting of Property Rights. In accordance with the terms and conditions of Section 1.5, the Town’s approval of this First Amendment is subject to the public notice and public hearing procedures that were required for approval of the CARADA. Because the Development Agreement constitutes a Site Specific Development Plan which establishes vested property rights pursuant to the Vested Property Rights Statute, and because this First Amendment is an amendment thereto, the Town shall adopt an ordinance approving this First Amendment and shall cause publication of the notice described in Section 24-68-103(1)(c) of the Vested Property Rights Statute. Pursuant to Section 7.16.140(d) of the Municipal Code: EXHIBIT C to ORDINANCE 26-02 11 4199881.6 Approval of the Development Plan constitutes a vested property right pursuant to Article 68 of Title 24, C.R.S., as amended, and Title 7, Chapter 16, of the Avon Municipal Code as amended. IV.Effect of Amendment. Except as expressly modified by this First Amendment, the Development Agreement is unmodified, and is hereby ratified and affirmed, and shall remain in full force and effect in accordance with its terms. If there is any inconsistency between the terms of the Development Agreement and the terms of this First Amendment, the provisions of this First Amendment shall govern and control. V.Binding Effect. Upon Recording, this First Amendment shall inure to the benefit of and be binding upon the Parties, Limited Parties, and Affiliated Landowners. VI.Governing Law. This First Amendment shall be governed by and construed in accordance with the laws of the State of Colorado. VII.Counterparts. This First Amendment may be executed in one or more counterparts, each of which shall be deemed to be an original, and all such counterparts taken together shall constitute one and the same instrument. The electronic or pdf signature of any party on this First Amendment shall be deemed an original for all purposes. IN WITNESS WHEREOF, the Town, TCMD, and Master Landowner have executed this First Amendment as of the First Amendment Execution Date, with the intent that this First Amendment shall be legally binding on all Parties and legally attach to and encumber the Property upon the occurrence of the First Amendment Effective Date. [SIGNATURE AND EXHIBIT PAGES FOLLOW THIS PAGE] EXHIBIT C to ORDINANCE 26-02 12 Town Signature Page to First Amendment to Consolidated, Amended and Restated Annexation and Development Agreement 4199881.6 TOWN: THE TOWN OF AVON, a home rule municipal corporation of the State of Colorado By: Name: Title: Approved as to legal form by: Nina Williams, Esq., Town Attorney STATE OF COLORADO ) ) ss. COUNTY OF EAGLE ) The foregoing instrument was acknowledged before me this ____ day of _________, 2025, by _____________________ as __________________ of THE TOWN OF AVON, a home rule municipal corporation of the State of Colorado. WITNESS my hand and official seal. My commission expires: ___________ Notary Public (SEAL) EXHIBIT C to ORDINANCE 26-02 13 TCMD Signature Page to First Amendment to Consolidated, Amended and Restated Annexation and Development Agreement 4199881.6 TCMD: TRAER CREEK METROPOLITAN DISTRICT, a quasi-municipal corporation and political subdivision of the State of Colorado By: Name: Eric Applegate Title: President STATE OF COLORADO ) ) ss. COUNTY OF EAGLE ) The foregoing instrument was acknowledged before me this ____ day of _________, 2025, by Eric Applegate as President of TRAER CREEK METROPOLITAN DISTRICT, a quasi- municipal corporation and political subdivision of the State of Colorado. WITNESS my hand and official seal. My commission expires: ___________ Notary Public (SEAL) EXHIBIT C to ORDINANCE 26-02 14 Master Landowner Signature Page to First Amendment to Consolidated, Amended and Restated Annexation and Development Agreement 4199881.6 MASTER LANDOWNER: TRAER CREEK LLC, a Colorado limited liability company By: Name: Marcus Lindholm Title: Manager STATE OF ____________ ) ) ss. COUNTY OF __________ ) The foregoing instrument was acknowledged before me this ____ day of _________, 2025, by Marcus Lindholm as Manager of TRAER CREEK LLC, a Colorado limited liability company. WITNESS my hand and official seal. My commission expires: ___________ Notary Public (SEAL) EXHIBIT C to ORDINANCE 26-02 15 Master Landowner Signature Page to First Amendment to Consolidated, Amended and Restated Annexation and Development Agreement 4199881.6 MASTER LANDOWNER: EMD LIMITED LIABILITY COMPANY, a Colorado limited liability company By: Lava Corporation, a Colorado corporation, its Manager By: Name: Michael Lindholm Title: President STATE OF COLORADO ) ) ss. COUNTY OF EAGLE ) The foregoing instrument was acknowledged before me this ____ day of _________, 2025, by Michael Lindholm as President of Lava Corporation, a Colorado corporation, Manager of EMD LIMITED LIABILITY COMPANY, a Colorado limited liability company. WITNESS my hand and official seal. My commission expires: ___________ Notary Public (SEAL) EXHIBIT C to ORDINANCE 26-02 Exhibit A Page 1 4199881.6 EXHIBIT A Legal Description of the Property WEST PARCEL Lot 1, Lot 2, Lot 3, Lot 4, Lot 5, Tract A, Tract B, Tract C, Tract D, Tract E, Tract F, Tract G and Tract H The Village (at Avon) Filing 2 according to the Final Plat of The Village (at Avon) Filing 2 recorded on May 28, 2002 at Reception No. 796831. STOLPORT Lot 2, Lot 3, Lot 4, Tract B and Tract E The Village (at Avon) Filing 1 According to the Final Plat The Village (at Avon) Filing 1 recorded on May 8, 2002 at Reception No. 795009. Lot 5, Lot 6, Tract A, Tract C, Tract D, Tract F and Tract G The Village (at Avon) Filing1 According to the Amended Final Plat The Village (at Avon) Filing 1 recorded November 18, 2004 at Reception No. 898173 Lot 2 and Lot 3 Amended Final Plat, The Village (at Avon) Filing 1 - A Resubdivision of Lot 1 According to the Second Amended Final Plat – Amended Final Plat, The Village (at Avon) Filing 1- A Resubdivision of Lot 1 recorded August 1, 2014 at Reception No. 201412782. Lot 7, Lot 8 and Tract H Amended Final Plat, The Village (at Avon) Filing 1 - A Resubdivision of Lot 1 According to the Third Amended Final Plat – Amended Final Plat, The Village (at Avon) Filing 1 - A Resubdivision of Lot 1 recorded August 15, 2019 at Reception No. 201913092. Lot 1, Lot 9, Tract H-1, Tract I and Tract F-1 Amended Final Plat, The Village (at Avon) Filing 1 - A Resubdivision of Lot 1 According to the Fourth Amended Final Plat – Amended Final Plat, The Village (at Avon) Filing 1 - A Resubdivision of Lot 1 recorded March 13, 2024 at Reception No. 202402670. Town of Avon Eagle County, Colorado SOUTH PARCEL A (North of Railroad right-of-way) That part of the NE 1/4 of Section 17, Township 5 South, Range 81 West of the Sixth Principal Meridian, Eagle County, Colorado, according to the Dependent Resurvey of said Township and Range, accepted November 1, 1943 by the Department of the Interior General Land Office in Washington, D.C., lying north of the Denver & Rio Grande Western Railroad right-of-way line, described as follows: Beginning at the N 1/4 corner of said Section 17; thence S89°23'36"E 526.76 feet, along the northerly line of said NE 1/4 of Section 17, to the northerly right-of-way line of the Denver & Rio Grande Western Railroad; thence, departing said northerly line of Section 17, the following two courses along the northerly EXHIBIT C to ORDINANCE 26-02 Exhibit A Page 2 4199881.6 right-of-way line of the Denver & Rio Grande Western Railroad, said northerly right-of-way line being parallel with and 50 feet northerly of the centerline of the existing railroad tracks: (1) S80°36'27"W 267.66 feet; (2) 263.93 feet along the arc of a curve to the right, having a radius of 2486.03 feet, a central angle of 06°04'58", and a chord which bears S83°38'57"W 263.81 feet, to the westerly line of said NE 1/4 of Section 17; thence N00°20'55"W 78.44 feet, along said westerly line, to the point of beginning containing 0.53 acres, more or less. SOUTH PARCEL B (South of Railroad right-of-way) That part of the NE 1/4 of Section 17, Township 5 South, Range 81 West of the Sixth Principal Meridian, Eagle County, Colorado, according to the Dependent Resurvey of said Township and Range, accepted November 1, 1943 by the Department of the Interior General Land Office in Washington, D.C., lying south of the Denver & Rio Grande Western Railroad right-of-way line and north of the centerline of the Eagle River, described as follows: Beginning at the Northeast corner of said Section 17; thence S01°41'49"E 96.93 feet, along the easterly line of said Section 17, to the True Point of Beginning; thence, continuing along said easterly line, S01°41'49"E 73.07 feet, to the centerline of said Eagle River; thence the following four courses along said centerline (Filum aquce): (1) N89°24'49"W 1037.9 feet; (2) N86°07'49"W 472.00 feet; (3) N89°29'49"W 538.00 feet; (4)S82°33'11"W 595.15 feet, to the westerly line of said NE 1/4; thence N00°20'55"W 49.18 feet, along said westerly line to the southerly right-of-way line of the Denver & Rio Grande Western Railroad; thence, departing said westerly line of Section 17, the following five courses along the southerly right-of-way line of the Denver & Rio Grande Western Railroad, said southerly right-of-way line being parallel with and 50 feet southerly of the centerline of the existing railroad tracks: (1) 279.72 feet along the arc of a curve to the left, having a radius of 2586.03 feet, a central angle of 06°11'51", and a chord which bears N83°42'23"E 279.58 feet; (2) N80°36'27"E 350.86 feet; (3) 686.44 feet along the arc of a curve to the right, having a radius of 3171.27 feet, a central angle of 12°24'07", and a chord which bears N86°48'31"E 685.10 feet; (4)S86°59'25"E 1216.38 feet; (5) 112.54 feet along the arc of a curve to the right, having a radius of 2549.33 feet, a central angle of 02°31'46". and a chord which bears S85°43'31"E 112.53 feet, to the True Point of Beginning, containing 5.28 acres, more or less. TRACT M Those parts of Sections 8 and 9, Township 5 South, Range 81 West of the Sixth Principal Meridian, Eagle County, Colorado, according to the Dependent Resurvey of said Township and Range, accepted November 1, 1943, by the Department of the Interior General Land Office in Washington, D.C., described as a whole as follows: Beginning at the W 1/16 corner of said Section 9 and Section 16 of said Township and Range; thence N89°55'04"W 1371.96 feet, along the southerly line of said SW 1/4 SW 1/4 to the Section corner of said Sections 8, 9, and 16 and Section 17 of said Township and Range; thence N01°32'00"E 3.82 feet, along the westerly line of said Section 9, to the northerly right-of-way line of the Denver & Rio Grande Western Railroad, said northerly right-of-way line being parallel with and 50 feet northerly of the centerline of the existing railroad tracks; thence the following two courses along said northerly right-of-way line: (1) 104.48 feet along the arc of a curve to the left, having a radius of 2649.33 feet, a central angle of 02°15'34", and a chord which bears N85°51'36"W 104.47 feet; (2) N86°59'25"W 1213.28 feet, to the westerly line of the SE 1/4 SE 1/4 of said Section 8; thence N00°51'07"E 717.58 feet, along said westerly line; thence, departing said westerly line, S89°55'04"E 2698.45 feet, to the easterly line of the SW 1/4 SW 1/4 of said Section 9, thence, along said easterly line, S01°33'13"W 790.94 feet, to the point of beginning, containing 47.70 acres, more or less. EXHIBIT C to ORDINANCE 26-02 Exhibit A Page 3 4199881.6 REVISED EAST PARCEL (Minus Tract M) Those parts of Sections 7, 8, 9 & 10, Township 5 South, Range 81 West of the Sixth Principal Meridian, Eagle County, Colorado, according to the Dependent Resurvey of said Township and Range, accepted November 1, 1943 by the Department of the Interior General Land Office in Washington, D.C., described as a whole as follows: Beginning at the Northwest corner of said Section 8; thence the following four courses along the northerly line of said Section 8: (1) N88°40'41"E 1379.49 feet, to the W 1/16 corner of said Section 8 and Section 5 of said Township and Range; (2) N88°40'41"E 1379.49 feet, to the 1/4 corner of said Sections 8 and 5; (3) N88°42'58"E 1385.36 feet, to the E 1/16 corner of said Sections 8 and 5; (4) N88°42'58"E 1385.36 feet, to the corner of said Sections 5, 8 and 9 and Section 4 of said Township and Range; thence the following four courses along the northerly line of said Section 9: (1) N83°29'30"E 1386.63 feet, to the W 1/16 corner of said Sections 9 and 4; (2) N83°29'30"E 1386.64 feet, to the 1/4 corner of said Sections 9 and 4; (3) N83°24'12"E 1386.30 feet, to the E 1/16 corner of said Sections 9 and 4; (4) N83°24'12"E 1386.30 feet, to the corner of said Sections 4, 9 and 10 and Section 3 of said Township and Range; thence the following two courses along the northerly line of said Section 10: (1) N86°39'24"E 1381.29 feet, to the W 1/16 corner of said Sections 10 and 3; (2) N86°39'24"E 1299.94 feet; thence, departing said northerly line, S01°34'07"W 2699.66 feet, to the east-west centerline of said Section 10; thence, along said east-west centerline, S86°32'23"W 1304.06 feet, to the W 1/16 corner of said Section 10; thence S01°32'50"W 1349.33 feet, along the easterly line of the NW 1/4 SW 1/4 of said Section 10, to the SW 1/16 corner of said Section 10; thence S86°32'47"W 1384.91 feet, along the southerly line of said NW 1/4 SW 1/4, to the S 1/16 corner of said Sections 10 and 9; thence S77°10'15"W 1413.37 feet, along the southerly line of the NE 1/4 SE 1/4 of said Section 9, to the SE 1/16 corner of said Section 9; thence S01°33'02"W 1475.32 feet, along the easterly line of the SW 1/4 SE 1/4 of said Section 9, to the E 1/16 corner of said Section 9 and Section 16 of said Township and Range; thence S72°20'31"W 1450.43 feet, along the southerly line of said SW 1/4 SE 1/4, to the 1/4 corner of said Sections 9 and 16; thence N01°34'18"E 1601.52 feet, to the CS 1/16 corner of said Section 9; thence S86°07'30"W 1378.19 feet, along the southerly line of the NE 1/4 SW 1/4 of said Section 9, to the SW 1/16 corner of said Section 9; thence S01°33'13"W 715.42 feet, along the easterly line of the SW 1/4 SW 1/4 of said Section 9; thence, departing said easterly line, N89°55'04"W 2698.45 feet, to the westerly line of the SE 1/4 SE 1/4 of said Section 8; thence N00°51'07"E 620.19 feet, along said westerly line, to the SE 1/16 corner of said Section 8; thence N89°54'54"W 1333.58 feet, along the southerly line of the NW 1/4 SE 1/4 of said Section 8, to the CS 1/16 corner of said Section 8; thence N89°58'35"W 1366.46 feet, along the southerly line of the NE 1/4 SW 1/4 of said Section 8, to the SW 1/16 corner of said Section 8; thence S00°01'37"E 919.47 feet, along the easterly line of the SW 1/4 SW 1/4 of said Section 8, to the northerly right-of-way line of Interstate Highway No. 70, as described in the deed recorded in Book 223 at Page 982 in the office of the Eagle County, Colorado, Clerk and Recorder; thence the following ten courses along said northerly right-of-way line: (1) N65°30'20"W 249.79 feet; (2) N78°47'50"W 317.2 feet; (3) N83°08'20"W 506.7 feet; (4) 772.2 feet along the arc of a curve to the right, having a radius of 1462.0 feet, a central angle of 30°15'52", and a chord which bears N54°57'56"W 763.3 feet; (5) N34°37'50"W 331.1 feet; (6) N34°44'20"W 368.5 feet; (7) 804.9 feet along the arc of a curve to the left, having a radius of 1812.0 feet, a central angle of 25°27'04", and a chord which bears N51°29'50"W 798.3 feet; (8) N68°24'50"W 399.7 feet; (9) N49°47'20"W 213.6 feet; (10) N70°20'50"W 765.1 feet, to the northerly line of the SE 1/4 of said Section 7; thence the following two courses along said northerly line: (1) N89°50'40"E 1194.46 feet, to the CE 1/16 corner of said Section 7; (2) N89°50'40"E 1378.25 feet, to the 1/4 corner of said Sections 7 and 8; thence the following two courses along the westerly line of said Section 8: (1) N00°10'53"W 1369.09 feet, to the S 1/16 corner of said Sections 7 and 8; thence N00°10'53"W 1369.10 feet, to the point of beginning, containing 1421.24 acres, more or less. EXHIBIT C to ORDINANCE 26-02 Exhibit A Page 4 4199881.6 A PORTION OF WHICH “REVISED EAST PARCEL (Minus Tract M)” HAS BEEN PLATTED AND/OR REPLATTED AS: Tract A, Tract D, Tract E and Tract G The Village (at Avon) Filing 3 According to the Final Plat The Village (at Avon) Filing 3 recorded on June 29, 2004 at Reception No. 882176. Tract F The Village (at Avon) Filing 3 – A Reconfiguration of Tracts B and F According to the Amended Final Plat The Village (at Avon) Filing 3– A Reconfiguration of Tracts B and F recorded on May 9, 2007 at Reception No. 200712166. Block 2, Block 3, Block 4, Tract H-1, Tract H-2, Tract H-3, Tract I-1, Tract I-2, Tract I-3, Tract I- 4 and Road A Avon Landing, a Replat of Tract H - The Village (at Avon) Filing No. 3 According to the Final Plat Avon Landing, a Replat of Tract H - The Village (at Avon) Filing No. 3 recorded on September 3, 2015 at Reception No. 201516730. Tract I and Tract J The Village (at Avon) Filing 4 According to the Final Plat The Village (at Avon) Filing 4 recorded on March 27, 2015 at Reception No. 201505284. Tract B and Tract I Amended Final Plat Tracts B and I, The Village (at Avon) Filing 3, Second Amended Final Plat a Resubdivision of Tract B recorded on May 20, 2022, at Reception No. 202209167. Lot 1 and Lot 2, Outlot A and Outlot B Amended Final Plat, Stolport Station, A Replat of Block 1, Avon Landing, A Replat of Tract H, The Village (at Avon) Filing 3 recorded on November 5, 2021, at Reception No. 202125052. LESS AND EXCEPTING FROM THE ABOVE DESCRIBED REVISED EAST PARCEL (minus Tract M): Parcel Number: 1 as conveyed to the Department of Transportation, State of Colorado by Special Warranty Deed dated September 26, 2003, recorded October 6, 2003, at Reception No. 852794, which Parcel Number: 1 is depicted on the Final Plat, The Village (at Avon) Filing 3, recorded on June 29, 2004, at Reception No. 882176, which Parcel Number: 1 is noted on such plat as Tract C, NOT A PART OF THIS PLAT, 6.732 ACRES. EXHIBIT C to ORDINANCE 26-02 From: To: Bobby Banks Matt Pielsticker Subject:Public Hearing Notice Sent to adjacent property owners Date:Tuesday, November 4, 2025 11:50:33 AM Dear Matt, As yours is the only email on the letter please accept and share my "2 cents" regarding the November 10th hearing. I would request that the planning and zoning or town council, whomever is in charge of the varience, require that 3 evergreen trees and 2 fast growing cotton less cottonwood trees, be planted and maintained for each unit in the complex that would require height increases or setback changes, with a minimum of (15) 8' minimum height trees planted along the back boundary of the properties. This should be a requirement for each parcel. Thank you for your consideration, Robert Bank 5147 Eaglebend Drive ATTACHMENT C 1 From: Craig Ferraro Sent: Friday, November 7, 2025 4:40 PM To: Matt Pielsticker Jena Skinner Subject: Village (at Avon) PUD Amendment Matt/Jena, Please forward this email to the members of the Avon Planning Zoning Commission. Thank you, Craig Members of the Avon Planning Zoning Commission, Thank you for your service to Avon and the Vail valley. This week you will hear a request for zoning modifications and a request for another extension of timing for Vested Property Rights. I urge you to reject this open ended and unnecessary request, Traer Creek should develop what has previously been agreed to upon the timeframe that has been more than adequate. A brief, incomplete history of the Village (at Avon) PUD and then some discussion on the three requests; additional density, additional height and additional time for their vested rights. HISTORY The PUD was approved in October 1998 after review and compromise on the development by the Town of Avon and its citizens. At that time the density, height and vesting period were agreed to, with a vesting period of 30 years being significantly longer than most PUD vesting periods granted in Colorado. This PUD required Traer Creek to provide affordable housing, significant community benefits and an annual Minimum Sales Tax Guarantee. Traer Creek, despite getting this favorable PUD, had no concrete development plan or any development knowledge. This resulted in an extremely slow development resulting in financial pressure on their metro district bonds. In 2010 Traer Creek quit paying the Minimum Sales Tax Guarantee resulting in lawsuits between Traer Creek and the Town of Avon. In 2014 the Town, looking to hopefully move the development forward, settled with Traer Creek. This settlement resulted in the Town giving up on significant community benefits and the Minimum Sales Tax ATTACHMENT C 2 Guarantee as well as granting an 11-year extension of vesting rights, for a total of 41 years which is unheard of in Colorado. Despite this settlement Traer Creek still was not able to develop at any significant rate. As a point of reference, look at Eagle Ranch whose PUD was also approved in 1998, to see how a development should be done. This development was completed years ago with over 1,200 residential units, significant retail spaces and tax dollars, a public school, senior housing, medical center, golf course, bike and hiking trails, ice rink, etc. And the Town of Eagle did not give up any of the property or sales taxes to help with this development. So, here we are 27 years after the PUD approval, with Traer Creek asking for more height, wanting more density, more height and of course not wanting to actually develop so asking for another 20 years of development rights. We will look at each of these individually but nothing in the past suggests that Traer Creek now has the knowledge or financial wherewithal to actually develop anything and should not be granted these PUD amendments Additional Height The Town of Avon master plan calls for height in the center of Town with the maximum height decreasing as you move off of Avon Road. This has resulted in the Westin, Wyndham and Sheraton being 100 feet and then heights dropping from these. Now you are being asked to increase height in Planning area A from 55 feet to 60 feet and approve a 110 foot building (double the height currently agreed to) on the outskirts of our town center, completely changing the look and feel of the east side of Avon. From here Traer Creek is then asking that there be additional height in planning area C and D, going from 48 feet to 74 feet. The justification for this appears to be that you granted additional height on planning area A so why not give it to us on C and D as well. I do not see any justification to allow for this additional height and recommend that the commission deny this request. Additional Density Density and height were of significant concern for the Eaglebend neighborhood during the initial PUD agreement. For Planning area C and D, it was agreed to limit the density to 18 units per acre and height to 48 feet. Now, after 27 years, Traer Creek is asking to more than double the density and increase the height to 74 feet, over 50% taller.. This will totally change the feel for the area, exactly what the neighborhood feared 27 years ago. For reference, here is the AI generated response to "please describe a 18 unit per acre development versus as 40 unit per acre development". After reading this I don't see how anybody could claim that these differences are not significant and not at all what was agreed to in either the PUD or CARADA. 18 Units Per Acre (Medium Density) Housing Types: This density is typically achieved with attached homes such as townhouses, duplexes, row houses, or walk-up style garden apartments, generally two to three stories in height. ATTACHMENT C 3 Physical Appearance: Development at 18 units per acre can include a combination of surface and garage parking, and can still incorporate generous open space, private yards for each unit, recreational features, and protected natural areas. Neighborhood Character: It provides a balance between individual private space and shared community amenities. The buildings are generally smaller in scale, fitting well into many suburban or semi-urban areas. Infrastructure: This density requires less intensive infrastructure than 40 units per acre but still supports some community services and local transportation. 40 Units Per Acre (High Density) Housing Types: This density is generally achieved with multi-family apartment buildings or condominiums. These buildings can range from small walk-ups to mid-rise structures (4-10 stories) depending on the specific design and zoning height limits. Physical Appearance: This density results in a much greater intensity of land use, with a higher floor-to-area ratio. There is significantly less private open space per unit, often replaced by shared public spaces, balconies, and possibly underground or structured parking. Neighborhood Character: The environment is distinctly more urban, with more people per acre, which can support a richer array of on-site and local services, retail, and public transit options. Infrastructure: It requires more robust infrastructure (utilities, roads, public transit) due to the higher concentration of residents. Specifically, the additional density request does not meet the criteria for a PUD amendment for criteria 5 or 6 and to suggest they do is an insult to the neighbors who worked with the developer to protect the look and feel of their neighborhood 27 years ago. There have been significant successful developments in the valley at 18 units per acre, Miller Ranch being an excellent example of such development. This is the type of development which would be great for Avon and the Vail Valley, we should not allow them to change from this development. I do not see any justification to allow for this density change and recommend that the commission deny this request. Vesting Rights Extension of 20 years A 41 year vesting rights time period is extreme, adding an additional 20 years is insane. No competent developer needs this amount of time, even if there are significant setbacks. If what the Town of Avon wants is additional housing built in the Valley allowing Traer Creek to delay for another 20 years will not achieve this goal. There is no need to make this extension now, let Traer Creek actually begin to develop the land north of I-70 (as they said they would 25 years ago) and then decide if an extension is necessary. Bottom line, there is no compelling reason for the Traer Creek PUD amendment requests. Planning Area A can stay at 55 feet, with a special approval of an 80 foot building, Planning Area C and D can stay zoned as previously agreed to, and Traer Creek will have 14 years to complete the development that they received approval on 27 years ago. ATTACHMENT C 4 Sincerely, Craig Ferraro 3860 Eaglebend Drive Avon, CO ATTACHMENT C 1 From: Walter Dandy Sent: Saturday, November 8, 2025 11:07 PM To: Matt Pielsticker Subject: new concessions for Traer Creek Thanks for the notice of the meeting on Nov. 10. I certainly want to be there. I am fascinated to learn why we would consider granting more height, smaller set backs, greater density, or extended vesting to the developers. I hope concern over quality of life in our town becomes a factor in the discussion. I reluctantly must complain that the map you furnished is difficult to learn from. It is tiny and the words are unreadable and there are no recognizable landmarks to work from. I can't tell what is north. Can't even make out the railway. Could you possibly email out a better map so the citizens might understand what is at stake? Do the creators of the notably dreadful Piedmont have the temerity to suggest we need more of any such wreckage to our environment? Sorry to sound so disappointed, but I am not feeling too dazzled by decision making in Avon since we moved in in 1993. Bigger may not always be better; greed not always good. I am resigning myself to the reality that we are putting 145 pre school children on the only site in Avon where they could possibly all die at once because of an existing hazard. And that is after it was rejected by Mayor Wolfe for a school site because of the high pressure interstate gas line surface facilities. He desperately wanted a school site, but he wanted his grandchildren to be safe. Matt, why do you think Traer Creek is so persistently generous with that parcel in fulfilling their obligations. It is infinitely more dangerous than the Camp Mystic site on the Guadalupe River. In any case, I applaud your effort in including a color map, but I would be grateful for an even more instructive one. Best regards, Walter Dandy 3868 Eaglebend Drive Avon ATTACHMENT C 1 From: Mike and Monica Sent: Sunday, November 9, 2025 7:41 PM To: Matt Pielsticker; Jena Skinner; Mike Bahr Mike and Monica Subject: Opposition to the Traer Creek Village at Avon PUD Amendment Hello Matt and Jenna Please forward this email to the members of the Avon Planning Zoning Commission. Dear Members of the Avon Planning and Zoning Commission, We are writing to respectfully request that you deny the proposed Traer Creek Village at Avon PUD Amendment to increase height and density on the parcels located behind our home on Eaglebend Drive. As long-time locals of the valley, we felt incredibly fortunate when we purchased our dream home in 2016 in one of Avon’s most peaceful and beautiful neighborhoods. The quiet character of Eaglebend Drive and the surrounding community was a major factor in our decision to settle here. Unfortunately, over the past several years, the tranquility of our neighborhood has been disrupted by continuous grading, regrading, and prolonged construction noise from nearby developments such as the Piedmont Apartments. The constant banging, sawing, and heavy equipment operations have gone on for months at a time, making it difficult to enjoy the peaceful environment we once cherished. We are deeply concerned about the proposal to extend the PUD term for another 20 years. It is discouraging to think that the neighborhood could face decades more of noise and construction impacts without relief. We hope for the opportunity to once again enjoy the peace and quiet that drew us to this community. When we purchased our home, we understood that the Village at Avon plan allowed for buildings no taller than 48 feet on Parcels C and D. Even that height is substantial given that the land north of the railroad tracks sits significantly higher than our lot on Eaglebend Drive. Increasing the allowable height and density would have a serious and lasting impact on neighboring properties, views, and quality of life. Although we are unable to attend the hearing in person due to being out of town caring for an aging parent, please accept this letter as our formal opposition to the proposed PUD Amendment . We strongly urge the Commission to maintain the existing zoning parameters and protect the character and livability of our neighborhood. Thank you for your time and thoughtful consideration. Sincerely, Monica Borsch Bahr and Michael Bahr 4995 Eaglebend Drive, Avon, CO ATTACHMENT C 1 From: Ian Bruce Sent: Monday, November 10, 2025 12:44 PM To: MaƩ PielsƟcker Subject: Traer Creek Public Comment Members of Avon planning and zoning commission: My family and I have lived at 4040 Eaglebend B for almost 20 years. We are supporƟve of the Traer Creek development how it was approved by the exisƟng PUD. We feel the request to increase the building height will negaƟvely affect and is incompaƟble to our neighborhood. Please consider our request to deny the applicaƟon. Thank you for your consideraƟon, Kris and Ian Bruce Sent from my iPhone ATTACHMENT C