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Contract#C150514 <br /> CMS#53317 <br /> STATE OF COLORADO <br /> acting by and through the <br /> Department of Natural Resources, <br /> for the use and benefit of the <br /> Colorado Water Conservation Board <br /> REAL PROPERTY <br /> GRANT <br /> TO PURCHASE A <br /> CONSERVATION EASEMENT <br /> with <br /> Rio Grande Headwaters Land Trust <br /> TABLE OF CONTENTS <br /> 1.PARTIES 1 <br /> 2.EFFECTIVE DATE 1 <br /> 3.RECITALS 2 <br /> 4.DEFINITIONS 2 <br /> 5.TERM and EARLY TERMINATION 3 <br /> 6.PURCHASE AND SALE OF EASEMENT 3 <br /> 7.PAYMENT TO GRANTEE 3 <br /> 8.LITIGATION REPORTING 4 <br /> 9.PERFORMANCE CONTINGENCIES FOR THE STATE 4 <br /> 10. STATUS PENDING CLOSING 6 <br /> 11.CLOSING 6 <br /> 12.REPRESENTATIONS AND WARRANTIES 6 <br /> 13.DEFAULT-TIME IS OF THE ESSENCE-REMEDIES 7 <br /> 14.NOTICES and REPRESENTATIVES 7 <br /> 15.LIMITATION OF STATE LIABILITY 8 <br /> 16. GENERAL PROVISIONS 8 <br /> 17. COLORADO SPECIAL PROVISIONS 11 <br /> 18. SIGNATURE PAGE 12 <br /> EXHIBIT A-SCOPE OF WORK,BUDGET,SCHEDULE <br /> EXHIBIT CE(CONSERVATION EASEMENT) <br /> EXHIBIT PLD(PROPERTY LEGAL DESCRIPTION) <br /> EXHIBIT PM(PROPERTY MAP) <br /> 1. PARTIES <br /> This grant agreement("Grant")is entered into by Rio Grande Headwaters Land Trust("Grantee"),whose address <br /> is P.O. Box 444,Del Norte, CO 81132,and the State of Colorado acting by and through the Department of <br /> Natural Resources, for the use and benefit of the Colorado Water Conservation Board(the"State"or"CWCB") <br /> located at 1313 Sherman St.,Denver, Colorado 80203.The Parties agree to the provisions set forth in this Grant. <br /> 2. EFFECTIVE DATE <br /> This Grant shall not be effective or enforceable until the Effective Date as defined in§4. The State shall not be <br /> liable to pay or reimburse Grantee for any performance hereunder including,but not limited to, costs or expenses <br /> incurred or be bound by any provision hereof prior to the Effective Date or after termination. <br /> Page 1 of 12 <br />