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Hairpin Ranch_Purchase and Sale Agreement_FINAL_1.16.20
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2020-01-21 10:00 AM - Commissioners' Agenda
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Hairpin Ranch_Purchase and Sale Agreement_FINAL_1.16.20
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Last modified
1/16/2020 1:43:50 PM
Creation date
1/16/2020 1:41:56 PM
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Meeting
Date
1/21/2020
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Alpha Order
b
Item
Request to Approve a Resolution and Authorize Chairman’s Signature on the Purchase and Sale Agreement for Hairpin Ranch Conservation Easement
Order
2
Placement
Consent Agenda
Row ID
59336
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FINAL DRAFT 1116/2020 <br />the party contemplating such action agrees to confer with the other parties holding <br />enforcement rights under this Easement as to whether they will join the mediation, <br />arbitration or legal action and share costs and expenses related to such action; <br />provided, however, that this agreement to confer shall not be construed as a limitation <br />on the ability of Grantee, Co -Grantee, or any Beneficiary to this Easement to <br />exercise its enforcement and other rights under this Easement. If Grantee, Co - <br />Grantee, RCO, and/or the United States decide(s) to join in the action and share costs <br />and expenses related to the action, the parties joining in the action and sharing costs <br />and expenses related to the action shall apply any recovery to reimburse such parties <br />for their costs and expenses; provided, however, that any amount received based on <br />loss of value to the easement, or resulting from condemnation and/or extinguishment <br />of the Easement, shall be shared equally by Grantee, Co -Grantee, RCO and the <br />United States only after reimbursing such parties for their costs and expenses. <br />15.2 If Grantee, Co -Grantee, or any Beneficiary to this Easement chooses not to <br />undertake mediation, arbitration or legal action as provided for in Sections 8 and 9, <br />and/or share costs and expenses related to such action, such party shall not be entitled <br />to any recovery for enforcement costs; provided, however, that any amount received <br />based on loss of value to the easement, or resulting from condemnation and/or <br />extinguishment of the Easement, shall be distributed in accordance with Section 11.4 <br />only after first reimbursing any party for its costs and expenses that are not otherwise <br />separately paid as part of any arbitration award or judgment. <br />16 RECORDATION <br />Grantee shall record this instrument in a timely fashion in the official records of Kittitas <br />County, Washington, and in any other appropriate jurisdictions, and may re-record it at <br />any time as may be required to preserve its rights in this Easement. <br />17 NO MERGER <br />In the event that Grantee or Co -Grantee acquires all or a portion of the fee title to the <br />Protected Property, it is the intent of the Parties that no merger of title shall take place <br />that would merge the restrictions of this Easement with fee title to the Protected Property <br />and thereby eliminate them, and that the restrictions on the use of the Protected Property, <br />as embodied in the Easement, shall, in the event that all or a portion of title become <br />vested in Grantee or Co -Grantee, become and remain permanent and perpetual <br />restrictions on the use of the Protected Property. Grantee and Co -Grantee covenant to <br />do what is required to prevent merger of title, including, if necessary, assignment of the <br />Easement to an appropriate third party pursuant to Section 13.1. <br />18 GENERAL PROVISIONS <br />-32- <br />
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