2015-07-07_REVISION - M1977484 - Laserfiche WebLink

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WKti M 14 71 q ey LEASE AGREEMENT TTL THIS LEASE AGREEMENT, made this Ae day of -d UIV ,between Robins Redi Mix, LLC 1269 Colorado Street, Springfield, Colorado 81073, hereinafter referred to as "Owner", and BACA COUNTY, COLORADO, 741 Main Street, Suite 1, Springfield, Colorado 81073, hereinafter referred to as "County". WITNESSETH: In consideration of the promises contained herein and other good and valuable consideration, Owner hereby leases to County the tract of land described below from June 1, 2015 to June 1, 2025, for the purpose of quarrying, mining and removing therefrom all dirt, sand, gravel, rock and other construction materials: RECENED TOWNSHIP 30 SOUTH, RANGE 48 WEST OF THE 6T" PM, Baca County, Colorado Section 25: S2SE4SE4; S2N2SE4SE4; E2SE4SW4SE4; and SE4NE4SW4SE4 07 2015 DRMS files #M-1977-484 ,UL Gravel Pit No. 7 Division of &eSa ety►on, Mining 1. PRICE: County shall pay Owner monthly on or before the 21St day of the following month as royalty for material hauled from the premises thirty cents ($.30) per yard or such higher amount determined by the Board of County Commissioners to be paid to all gravel pit Lessors by the County. 2. SALE OF MATERIAL BY OWNER: Owner may, subject to consent by County, negotiate to sell material processed by County at the site, at any price acceptable to Owner. County shall be paid $0.75 per yard for all material so sold. County will not unreasonably withhold consent to any agreement to sell proposed by Owner. 3. ACCESS: County shall have the right to ingress and egress to and from the premises on roads located on said tract, together with the right to erect temporary structures such screening and crushing plants and other structures necessary to remove and process material. 4. OPTION TO RENEW: County shall have the option, to be exercised on or before the end of the initial term, to renew this Lease for a successive period of ten (10) years upon the same terms and conditions as set forth herein. Exercise of the option shall be in writing and mailed to the Owner, postmarked on or before the date of expiration of the initial term. 5. STOCKPILES: County shall retain title to all material mined and stockpiled on the premises and County shall have the privilege of stockpiling material during the term of the Lease and until all pit reclamation has been completed to the satisfaction of the Division of Minerals and Geology.