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WATER LEASE AGREEMENT <br /> Windsor & Greeley Aggregate Mines <br /> THIS AGREEMENT made and entered into this—&bay of 2014, by and between the <br /> Groundwater Management Subdistrict(GMS) of the Central Colorado Water Conservancy District, <br /> hereinafter referred to as"Lessor", and Bestway Concrete &Aggregates, hereinafter referred to as <br /> "Lessee" <br /> WITNESSETH: <br /> WHEREAS, Lessor has storage and direct flow water rights in the Cache la Poudre basin. Lessee has a <br /> Substitute Water Supply Plan (SWSP)filed with the State Engineer pursuant to 37-92-308(4) C.R.S. <br /> WHEREAS, Lessor desires to lease to Lessee 81.3 acre feet and Lessee desires to lease the same. <br /> NOW,THEREFORE, in consideration of the mutual covenants and promises of the parties hereto, it is <br /> agreed as follows: <br /> 1. Lessor shall lease 18.3 acre feet to Lessee for use in Lessee's SWSP. <br /> 2. The parties agree that the volume of water to be leased under this agreement totals 81.3 acre <br /> feet for delivery April 2014 through December 2014. Parties agree to the monthly delivery <br /> schedule as follows: <br /> Jan Feb Mar Apr May Jun_ Jul Aug_ Sep Oct Nov Dec Total <br /> 0 0 0 9.0 9.1 5.5 0 0 8.2 21.9 15.6 12.0 -81.3 <br /> 3.Lessee shall pay Lessor$24,390($3001AF• 81.3 AF) by May 30, 2014. <br /> 4. Parties agree that this Agreement is for water delivery of 81.3 acre feet from April 2014 through <br /> December 2014 and shall immediately terminate January 1, 2015. <br /> 5. This Agreement represents the complete agreement of the parties and no oral modification <br /> shall be recognized. Any amendments or additions to the Agreement shall be made in writing <br /> and shall be signed by the parties hereto. <br /> 6. This agreement is binding upon the parties. <br /> 7. Bestway may not assign or transfer this agreement to another party. <br /> WITNESS WHEREOF, Lessor and Lessee have caused this Water Lease Agreement to be executed <br /> dated the day and year first executed above. <br /> Randy W. Ray, CCWCD Executive Director Bestway Conc to &Aggregate <br />