|
Reception # 309174 Record Date 10120/2014 2:10 PM
<br />Page: 1 of 10 RecFee: $56.00 DocFee: $0.00
<br />NANCYA. AMICK RIO BLANCO COUNTY, COLORADO
<br />1nIIIIIII�IINIiIIN�I���hNI�IIN�II 0 #44
<br />UNITED STATES i0 13e, MfLxCeA,
<br />DEPARTMENT OF THE INTERIOR
<br />BUREAU OF LAND MANAGEMENT
<br />Lease Number: C00011998601
<br />MODIFIED SODIUM LEASE
<br />This lease entered into on OCT —1 2014 by the United States of America, the
<br />lessor, through the Bureau of Land Management, and Natural Soda Inc., the lessee.
<br />'WITNESSETH:
<br />THAT, WHEREAS, the lessee is now the holder of sodium lease COCOI 1998601 issued
<br />pursuant and subject to the Mineral Leasing Act of 1920, as amended and supplemented (41 Stat.
<br />437, 30 USC 181 -287), which such lease became effective July 1, 1971, and embraces 2,379.600
<br />acres in sections 21, 27, 28, 29, 33, and 34, T. I S., R. 98W., 6`h Principle Meridian, Colorado.
<br />AND, WHEREAS, upon application by the lessee for modification of the lease it has been
<br />determined that additional land, i.e., Sec. 35 —Lots 1 -4, inclusive, T. 1 S., R. 98W., 61h Principle
<br />Meridian, Colorado, which is adjacent to the leased lands, does not contain sufficient sodium
<br />deposits to warrant independent development and that it will be to the advantage of the lessee
<br />and the United States to modify the lease pursuant to the provisions of 43 CFR 3510.15 to
<br />include the additional land containing 156.340 acres.
<br />NOW, THEREFORE, the lessor in consideration of any bonuses, rents, and royalties to be paid,
<br />and the conditions and covenants to be observed as set forth in said lease, hereby grants and
<br />leases to lessee the exclusive right and privilege to explore for, drill for, mine, extract, remove,
<br />beneficiate, concentrate, or otherwise process and dispose of the sodium deposits in the saline
<br />zone hereinafter referred to as "leased deposits," in, upon, or under said above - described lands,
<br />as additional to the lands included in the original lease, subject to the following conditions:
<br />A. That all of the other terms and conditions of the original lease, as renewed on July 1,
<br />2011, and in effect on the date hereof shall be unaffected hereby and shall be applicable;
<br />to the lease as modified herein. Additionally the stipulations included in the attached
<br />Decision Record shall be applicable.
<br />B. That the annual rental on the additional land shall be $1.00 for each acre or fraction
<br />thereof for the period from the date hereof to the next anniversary of the original lease,
<br />and thereafter at the rate provided for the land embraced in the original lease.
<br />
|