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06-28-2013 TOA parking license agreement between Traer Creek-RP,LLCJULY 37 2013 PARKING LICENSE AGREEMENT THIS JULY 3, 2013 PARKING LICENSE AGREEMENT (this "License Agreement ") is entered into as of the 28th day of June 2013 by and between TOWN OF AVON, a home rule municipal corporation of the State of Colorado ( "Town ") and TRAER CREEK -RP LLC, a Colorado limited liability company ( "Traer Creek "), as follows: 1. Traer Creek agrees to grant the Town a temporary, revocable license (the "License ") to use the South Rodeo Lot (located on Lot 1, Filing 1, Village (at Avon)) (the "South Rodeo Lot ") for general public parking from noon on July 3, 2013 to 11:30 p.m. on July 3, 2013 (the "License Term "), at which time the License shall automatically terminate without any further action required by Traer Creek. The total number of cars at any one time on the South Rodeo Lot shall not exceed three hundred (300). Town shall collect and pay to Traer Creek seven dollars ($7.00) per car parked in the South Rodeo Lot from time to time during the License Term, which amounts shall be due and payable on or before August 1, 2013. This obligation shall specifically survive the termination of the License Term. 2. Town shall be responsible to manage parking, provide traffic control and security as necessary for parking, and clean-up trash and debris resulting from parking permitted in this License Agreement. Town shall enforce its laws, including, without limitation, any alcoholic consumption and littering laws, in connection with this License Agreement. Town shall also be responsible for restoring the South Rodeo Lot and any premises negatively impacted as a result of the parking or Town activities permitted herein to their condition as existed prior to the commencement of the License Tenn and Town activities associated therewith. 3. Indemnity. Town shall indemnify, protect, defend and hold Traer Creek (and its direct or indirect affiliates and subsidiaries, and its and their agents, members, managers, trustees, officers, directors, servants, advisors, employees, consultants and representatives) harmless from and against any and all claims (including, without limitation, claims for mechanic's liens or material men's liens, for death of or injury to any person or damage to property of any kind), causes of action, demands, obligations, losses, damages, liabilities, judgments, costs and expenses (including, without limitation, reasonable attorneys' fees) (collectively, "Claims ") in connection with or arising out of use of the South Rodeo Lot; provided, however, such indemnity shall exclude any Claims directly caused by the gross negligence or willful misconduct of Traer Creek or its officers, directors, employees and representatives. 4. Condition of South Rodeo Lot. Town hereby accepts the condition of the South Rodeo Lot and the surrounding Traer Creek property to be in proper condition and suited for safely conducting its parking and other activities described herein. 5. Insurance. Town shall obtain, keep in force and maintain commercial general liability insurance protecting against personal and bodily injury, contractual liability and property damage claims relating to use of the South Rodeo Lot for parking on July 3, 2013 which coverage shall have a'minimum limit of $1,000,000 each occurrence; provided, however, that Traer Creek shall have full benefit of any greater limits maintained by Town. Such insurance policy shall name Traer Creek, Traer Creek LLC and Beaver Creek Resort Company of Colorado as additional MLv3 1 insureds, shall apply on a primary and non - contributory basis and shall contain a clause providing that the insurer waives all rights of subrogation which such insurer might have against Traer Creek. Town shall obtain, keep in force and maintain comprehensive automobile liability insurance on all vehicles used in connection with the License, in an amount of $1,000,000 combined single limits for bodily injury or property damage, per occurrence. Town shall cause its subcontractors (if applicable) to obtain identical coverage. Traer Creek and BCRC shall be named as certificate holders. 6. Waiver of Subro ation. Town hereby waives all rights of recovery against Traer Creek (and its direct or indirect affiliates and subsidiaries, and its and their agents, members, managers, trustees, officers, directors, servants, advisors, employees, consultants, and representatives) for loss of or damage to the Town of its property or the property of the under its control arising from any cause insured as required herein. 7. No Partnership /Emi2lo ment. Notwithstanding anything contained herein to the contrary, Traer Creek shall not in any way or for any purpose become partners, joint venturers, or members of a joint enterprise with Town in the conduct of its business, or otherwise, hereunder, nor shall anything in this License Agreement be considered to create a relationship of employer - employee, principal -agent or master- servant between or among Town and Traer Creek. S. Damages. Town hereby knowingly and irrevocably waives all claims for damages against Traer Creek arising out of or related to the use of the South Rodeo Lot, excepting only the gross negligence or willful misconduct of Traer Creek. 9. No Waiver of Governmental Immunity. Nothing in this License Agreement shall be construed to waive, limit, or otherwise modify any governmental immunity that may be available by law to the Town, its officials, employees, contractors, or agents, or any other person acting on behalf of the Town 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. TRAER CREED. -RP LLC, a Colorado limited liability company By: Traer Creek LLC, a Colorado limited liability company By: Marcus LAdholm, Manager TOWN OF A N, a home rule municipal corporation of the State oftolorado By: Virginia Egger, To ager Date: Date: - ZS - /3 ACORD CERTIFICATE OF LIABILITY INSURANCE DATE /YY) MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. 06/28/2013 8 /20 PRODUCER LIC #N /A 1- 303- 757 -5475 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION CIRSA ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE 3665 Cherry Creek North Drive HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. INSURERS AFFORDING COVERAGE Denver, CO 80209 INSURED Town of Avon INSURER A: CIRSA INSURER B: $5,000,000 400 Benchmark Road, Box 975 INSURER C: INSURER D: Avon, CO 81620 INSURER E: U1)VFHA1; ;F.S THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR TYPE OF INSURANCE POLICY NUMBER POLICY EFFECTIVE POLICY EXPIRATION LIMITS A GENERAL LIABILITY LIAB 01 -2013 01/01/13 01/01/14 EACH OCCURRENCE $5,000,000 FIRE DAMAGE (Anyone fire) $ 5,000,000 X COMMERCIAL GENERAL LIABILITY X CLAIMS MADE FI OCCUR MED EXP (Any one person) $ 0 PERSONAL BADVINJURY $5,000,000 X $10m POL E &O Aggregate GENERAL AGGREGATE $ GEN'LAGGREGATE LIMIT APPLIES PER: PRODUCTS - COMP/OP AGG $5,000,000 POLICY PRO LOC A AUTOMOBILE LIABILITY ANY AUTO LIAB 01 -2013 01/01/13 01/01/14 COMBINED SINGLE LIMIT (Ea accident) $ 1,500,000 X BODILY INJURY (Per person) $ ALL OWNED AUTOS SCHEDULED AUTOS BODILY INJURY (Per accident) $ HIRED AUTOS NON -OWNED AUTOS PROPERTY DAMAGE (Per accident) $ GARAGE LIABILITY AUTO ONLY - EA ACCIDENT $ OTHER THAN EA ACC $ ANY AUTO $ AUTO ONLY: AGG EXCESS LIABILITY EACH OCCURRENCE $ AGGREGATE $ OCCUR CLAIMS MADE $ DEDUCTIBLE $ RETENTION $ WORKERS COMPENSATION AND WC STATU- OTH- EMPLOYERS' LIABILITY E.L. EACH ACCIDENT $ E.L. DISEASE - EA EMPLOYEE $ E.L. DISEASE - POLICY LIMIT $ OTHER 3 S L. $ DESCRIPTION OF OPERATIONSILOCATIONSNEHICLES /EXCLUSIONS ADDED BY ENDORSEMENT /SPECIAL PROVISIONS Certificate Holder is Additional Insured on Liability Policies if required by contract. As respects to parking space for July 4rd Celebration. vcn I lvly^ 1 G nw"uCm I - I AUUII IUNAL INJUKLU; IN,UKLK LLI ILK: %,N14l,CLL1A I IU14 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION Traer Creek RP, LLC DATE THEREOF, THE ISSUING INSURER WILL ENDEAVOR TO MAIL 30 DAYS WRITTEN Michael Lindholm NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT, BUT FAILURE TO DO SO SHALL PO Box 9429 IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE INSURER, ITS AGENTS OR REPRESENTATIVES. Avon, CO 81620 USA AUTHORIZED REPRESENTATIVE ACORD 25S (7/97) j illp O ACORD CORPORATION 1988 -!45.73.! 14 I ACORDM CERTIFICATE OF LIABILITY INSURANCE DATE (MM /DDIW) MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. 06/28/2013 PRODUCER LIC #N /A 1- 303- 757 -5475 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION CIRSA ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE 3665 Cherry Creek North Drive HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. INSURERS AFFORDING COVERAGE Denver, CO 80209 INSURED Town of Avon INSURER A: CIRSA INSURER B: $ 5,000,000 400 Benchmark Road, Box 975 INSURER C: INSURER D: Avon, CO 81620 INSURER E: CUIVFRO(:FR THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR LTR TYPE OF INSURANCE POLICY NUMBER POLICY EFFECTIVE DATE POLICY EXPIRATION DATE (MM/DDIYYI LIMITS A GENERAL LIABILITY LIAB 01 -2013 01/01/13 01/01/14 EACH OCCURRENCE $ 5,000,000 FIRE DAMAGE (Any one fire) $ 5,000,000 X COMMERCIAL GENERAL LIABILITY X CLAIMS MADE F7 OCCUR MED EXP (Any one person) $ 0 PERSONAL & ADV INJURY $5,000,000 X $10m POL E &O Aggregate GENERAL AGGREGATE $ GEN'L AGGREGATE LIMIT APPLIES PER: PRODUCTS - COMP/OP AGG $ 5,000,000 POLICY PRO- jECT F7 LOC A AUTOMOBILE X LIABILITY ANY AUTO LIAB 01 -2013 01/01/13 01/01/14 COMBINED SINGLE LIMIT (Ea accident) $ 1,500,000 BODILY INJURY (Per person) $ ALL OWNED AUTOS SCHEDULED AUTOS BODILY INJURY (Per accident) $ HIRED AUTOS NON -OWNED AUTOS PROPERTY DAMAGE (Per accident) $ GARAGE LIABILITY AUTO ONLY - EA ACCIDENT $ OTHER THAN EA ACC $ ANY AUTO $ AUTO ONLY: AGG EXCESS LIABILITY EACH OCCURRENCE $ AGGREGATE $ OCCUR F1 CLAIMS MADE $ $ DEDUCTIBLE $ RETENTION $ WORKERS COMPENSATION AND WC STATU- JOTH - I ER EMPLOYERS' LIABILITY E.L. EACH ACCIDENT $ E.L. DISEASE - EA EMPLOYEE,$ E.L. DISEASE - POLICY LIMIT 1 $ OTHER 5 S $ DESCRIPTION OF OPERATIONS /LOCATIONSNEHICLES /EXCLUSIONS ADDED BY ENDORSEMENTISPECIAL PROVISIONS Certificate Holder is Additional Insured on Liability Policies if required by contract. As respects to parking space for July 3rd Celebration. a+ F%IIFI%,MIGnVLIJCR AUUIIIUNALINSURED ; INSURER LETTER: tAIVL.CLLAIIUIV SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION Traer Creek RP, LLC DATE THEREOF, THE ISSUING INSURER WILL ENDEAVOR TO MAIL 30 DAYS WRITTEN Michael Lindholm NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT, BUT FAILURE TO DO SO SHALL PO Box 9429 IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE INSURER, ITS AGENTS OR REPRESENTATIVES. Avon, CO 81620 AUTHORIZED REPRESEN TATIVE USA�C t hlaCC2 ACORD 25 -S (7197) j illp O ACORD CORPORATION 1988 34533818 Patty McKenny From: Virginia Egger Sent: Monday, July 01, 2013 11:12 AM To: Patty McKenny; Karyne Spadi Subject: Immediate attention: insurance certificates Attachments: Small typo clean -up July 3rd parking; Traer Creek Parking Agreement June 13 2013 _MLH_v3 docx (Avon).pdf, Traer Creek Parking Agreement June 13 2013_MLII_v3 docx (Traer).pdf, Delivery by CertificatesNow; Delivery by CertificatesNow Importance: High Please see below: From: Michael Lindholm [ma iIto: Michael Lind hol m O)traercreek.com] Sent: Monday, July 01, 2013 10:59 AM To: Virginia Egger Cc: Marcus Lindholm Subject: FW: July 3rd parking agreement Importance: High Hi Virginia, I forwarded the insurance certificates on to our insurance agent and received the below responses. Can we address these as soon as possible, please? Thanks, Michael From: Gian Baldrica [ mailto :GBaldrica@neil- garing.com] Sent: Monday, July 01, 2013 10:39 AM To: Michael Lindholm; Ben McCarthy Cc: Iryna Trauger Subject: RE: July 3rd parking agreement I would agree with you Michael. The cert should reflect additional insured status for Traer and BCRC and it should reflect that it applies on a primary and non - contributory basis and grants waiver of subrogation in our favor. T eir policies proba ly include those things w en required by contract but I'd like the certificates to reflect the wording as well. Let me know if you need anything else. Thanks, Gian Gian M. Baldrica, CIC, CRIS Commercial Lines Producer Neil - Garing Agency, Inc 970 - 945 -9111 X -148 970 - 945 -2350 Fax 201 Centennial St., 4th Floor Glenwood Springs, CO 81602 CONFIDENTIALITY NOTICE: This electronic mail transmission and any accompanying documents contain information belonging to the sender which may be confidential and legally privileged. This information is intended only for the use of the individual or entity to whom this electronic mail transmission was sent as indicated above. If you are not the intended recipient, any disclosure, copying, distribution, or action taken in reliance on the contents of the information contained in this transmission is strictly prohibited. If you have received this transmission in error, please call collect at 970 - 945 -9111 and delete this transmission. Thank you. From: Michael Lindholm [ mailto: MichaelLindholm (atraercreek.com] Sent: Monday, July 01, 2013 10:10 AM To: Gian Baldrica; Ben McCarthy Cc: Iryna Trauger Subject: RE: July 3rd parking agreement Importance: High Hi Gian, Do these insurance certificates properly reflect the insurance clauses, etc. in the agreement? The License Agreement stipulates to: 1) Indemnification 2) Waiver of Subrogation 3) Insurance for general liability (I think) 4) Insurance for automobile liability. I don't think the additional insureds section is correct. It only contains Traer Creek -RP LLC and not Traer Creek LLC and Beaver Creek Resort Company. Michael