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08-01-2014 VVF 2015 License Agreement For Lot 5, Filing 1, Village at AvonLICENSE AGREEMENT FOR LOT 5, FILING 1, VILLAGE (AT AVON), AVON, COLORADO THIS AGREEMENT is made and entered into as of the 1st day of August, 2014, by and between the Vail Valley Foundation Youth Foundation ( "VVF "), a non - profit, tax exempt, charitable organization organized under the laws of the State of Colorado and the Town of Avon, a Colorado Municipality ( "Avon ") (individually referred to as "Party ") and collectively as the "Parties "). RECITALS WHEREAS, Avon is the owner of Lot 5, Filing 1, Village (at Avon), Avon, Colorado, an undeveloped lot hereinafter referred to as the ( "Lot "); WHEREAS, VVF desires to use the Lot before, during and immediately after the 2015 Alpine World Ski Championships ( "AWSC ") for purposes of its transportation headquarters; and WHEREAS, Avon desires to allow VVF exclusive use of the Lot during the AWSC, except for areas of the Lot used for Avon snow storage. NOW THEREFORE, in consideration of the representations, warranties, covenants, and agreements contained in this Agreement and other valuable consideration, the receipt and sufficiency of which the Parties hereby acknowledge VVF and Avon hereby agree as follows: AGREEMENT 1. Grant of License by Avon Avon grants a license to VVF for the sole and exclusive use of the Lot from January 2, 2015, to February 25, 2015, ( "Term ") subject to the terms and conditions of this Agreement. 2. Obligations of VVF (a) VVF shall use the Lot solely for the purpose of operating their transportation center for the AWSC during the Term. (b) VVF shall keep the Lot clear of debris and trash during the Term. (c) VVF shall cause all buses, vehicles, trailers and other materials placed on the Lot to be removed and shall return the Lot to Avon in substantially the same condition that it was provided to VVF upon expiration of the Term at no cost to Avon. (d) VVF shall pay to Avon one dollar at the end of the Term for use of the Lot. 3. Operational Plan VVF shall use the Lot for the following purposes and in the following manner during the Term and shall obtain permission from Avon prior to any use which is not described in this Operational Plan: (a) The Lot 5 — Attachment delineates the area which is available to VVF during the term of this License Agreement. (b) VVF at all times shall not impede the activity of Avon in using the Lot for snow storage of municipal infrastructure. (c) VVF shall provide Avon a Lot layout plan by not later than November 1, 2014, for use of the Lot and include in the plan the Avon snow storage site on the Lot. (d) VVF may have two (2) temporary trailers for transportation staff to use as its office in order to take calls, dispatch, have meetings, and keep vehicle keys for rental fleet. (e) VVF may operate dispatch operations from 6:00 a.m.to midnight each day beginning on February 2, 2015 and each day through February 15, 2015. (f) VVF may access electric, water and sewage on the Lot from the Town, to the extent these utilities can meet the needs of VVF. If additional utility service is needed, VVF shall at its sole cost provide these utilities, requesting permission as required under all applicable local and State rules. (g) VVF will provide internet connectivity and any radio communications through the VVF's IT department. (h) VVF may park at the Lot up to 20 buses, which are being used exclusively for the transportation needs of moving passengers who are attending the Beaver Creek Races, Apres Avon events, and/or activities in Vail Village, including lodging in any of the communities of Avon, Vail or Beaver Creek. Bus engine heaters requiring not more than 110v will be provided by VVF if service is not available at the Lot. (i) VVF may park at the Lot up to 75 Audi brand cars and/or other official vehicles which are being used exclusively for the 2015 AWSC dignitaries, sponsors or athletes. No general public passenger vehicles may be parked at the Lot at any time. 4. VVF will be responsible for snow plowing and maintenance of the Lot, as needed. VVF may seek help from Avon to keep Lot plowed of snow, however, Avon shall prioritize its roads, streets, mall areas, sidewalks, paths and other Town -owned property over the needs of the Lot and, therefore, provide snowplow services subject to availability of Avon's resources as determined by Avon. Village at Avon Design Review Board Approval Section F, of the Village at Avon PUD Guide states: 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 LICENSE AGREEMENT FOR LOT 5 Page 2 of 4 shall be permitted unless the Design Review Board approves a development plan or the applicable Site as evidenced by the issuance of a certificate of Design Review Board approval affixed to the Application. VVF shall receive Design Review Board approval no later than November 1, 2014, as stipulated above. 5. Indemnification VVF shall indemnify Avon and its affiliates (and each of their respective partners, directors, officers, managers, employees, representatives, agents, volunteers, successors and assigns) and hold each of them harmless from and against any and all claims, damages and liabilities, including attorneys' fees and other expenses of defense, arising from any (a) breach of this Agreement by VVF or (b) litigation, arbitration, governmental inquiry or other claim or proceeding commenced by any third parry arising from any activities of VVF hereunder, libel, slander, invasion of privacy, infringement of copyright, license or other intellectual property, unsafe, hazardous or defective service, or negligence or wrongful conduct by VVF. 6. Insurance VVF agrees to procure and maintain, at its own cost, a policy or policies of insurance protecting against injury, damage or loss occurring on the licensed premises in the minimum amount of $600,000.00 per occurrence. Such policy or policies shall name Avon as an "additional insured ". However, the VVF's failure to take such steps to insure the premises shall not waive, affect, or impair any obligation of the VVF to indemnify or hold Avon harmless in accordance with this Agreement. 7. Force Maieure The performance by either Party hereto of its respective non - monetary obligations under this Agreement shall be excused during the period of time that such performance is delayed or prevented in whole or in part by acts of God, fire, floods, storms, natural disasters, explosions, accidents, epidemics, war, act or threat of terrorist activity, emergency, civil disorder, days(s) of national mourning, failure of facilities or equipment, strikes, lockouts or other labor difficulties, or any law, rule, regulation, order or other action adopted or taken by any federal or state government authority, or any other cause not reasonably within such party's control, whether or not specifically mentioned herein. 8. Entire Agreement The entire agreement of the Parties is contained herein, and there are no promises, agreements, representations, warranties, conditions or understanding, either verbal or written between them, other than as are herein set forth. 9. Miscellaneous (a) If any provision of this Agreement shall prove to be illegal, invalid or unenforceable, the remainder of this Agreement shall not be affected thereby. LICENSE AGREEMENT FOR LOT 5 Page 3 of 4 (b) Except as herein otherwise provided, no amendment, alteration, modification of or addition to this Agreement shall be valid or binding unless expressed in writing and signed by the Party or Parties to be bound thereby. (e) The covenants, conditions and agreements contained in this Agreement shall bind and inure to the benefit of VVF and Avon and their respective successors, representatives, and their assigns. (d) This Agreement shall be governed by and interpreted in accordance with the laws of the State of Colorado. (e) Nothing contained in this Agreement shall be deemed or construed to create a partnership or joint venture of or between VVF and Avon. IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the respective dates set forth below to become effective as of the date first written above. TOWN OF AVON By: Name: k l✓d l nlez- Title: /own InAn .w Date: q. l VAIL VALLEY FOUNDATION By: _ Name: Title: Cro Date: �� (7 —/1/ LICENSE AGREEMENT FOR LOT 5 Page 4 of 4