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<br />-. -......... -...--... <br /> <br />....... w'I'\o~~" ,;;,u~.~ ""~ <br /> <br />. PftW{~ #-3 <br /> <br />r <br /> <br />.. <br /> <br />. <br /> <br />.' <br /> <br />AGREEJ~ENT FOR SALE AND PURCHASE OF <br />UNITS OF NORTHERN COLORADO WATER CONSERVANCY <br />DISTRICT WATER (NCWCD l <br /> <br />This Agreement made Gnd entered into ,this 16th day of November. 19~, <br />between A. Bruce Johnson . whose addrea:s is 801 8th St. 1220 <br />'Gree1ey., CO 80631 j}ereinafter reterl'ed to as "Seller", and AristOcrat Ranchetle <br />water Project, I~C\<hose address is PO Box 247 Ft. Lupton, CO 80621 , hereinafter <br />referred to as "Buyer": <br /> <br />.' <br />~" <br /> <br />t/ITNESSETH <br /> <br />Seller has been allotted units of water of the Northern Colorado Water <br />Conservancy Distr The buyer agrees to purchaae from Seller and Seller agrees <br />to sell to Buye units of Northern COlorado Water Conservancy District water <br />under the foIl II and conditions. <br /> <br /> <br />1. Purchase Price Buyer shall pay to Seller $70.000 <br /> <br />payable in the following manner. $2,000 as ea.mest money and part payment l!I!lde <br />at time of signing subject contract and made payable to August Bruce Johnson Sales <br />Trust l\Ccount. on or before 0ecemI:ler 10, 1998 (Day prior to NC:WCD Dec::ernber Board <br />M!etingl buyer shall pay $68,000 to ~t Bruce Johnson sales Trust ~~t. <br />Proceeds shall be held in said Trust Account unul NCwCD has sent notJ.ce to buyer <br />of final transfer apprOlTal which should be on or before Decanber, 29, 1998. <br /> <br />t' <br />~, <br /> <br />4 <br /> <br />2. Buyer shall pay any transfer fee required by the Northern <br />Colorado Water Conservancy District. <br /> <br />,; <br />'. <br /> <br />J. Both Buyer and Saller recognize the need for obtaining approving <br />signatures from various t~~rd parties inclUding 11en holders and the Northern <br />Colorado Water Conservancy District to accomplish this transfer: and it is : <br />agreed that both Buyer and Seller will cooperate and exercise their timely <br />and be:st effort to obtain same, If after that offotleither party 1:s unable <br />to obtain the signatures. then the Seller IIhall return the earnest money <br />deposit to the Buyer and th1s Agreement shall no longer have a binding effeot. <br />All llIonies placed in escrott shall also be returned to the Buyer. If for any <br />reason the District rejectll th1s transfer, then this contract will be deemed <br /> <br />[. <br />!: <br />. \~ <br />" <br />" <br />j; <br />~ . <br /> <br />,. <br />(. <br />!: <br />F <br /> <br />!: <br /> <br />:: <br />