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SEVENTH EXTENSION TO LEASE AGREEMENT <br />THIS SEVENTH EXTENON TO LEASE AGREEMENT (hereinafter "Seventh <br />Extension') is entered into this,31 j ay of August, 2016, by and between the City and County of <br />Broomfield, a Colorado Municipal Corporation and County (hereinafter `Broomfield") and Pioneer <br />Sand Company, Inc., a Colorado corporation, (hereinafter "Pioneer"). Broomfield and Pioneer <br />agree to extend the term of the April 8, 2010 Lease Agreement (the "Lease," copy attached -hereto as <br />Exhibit A) as follows: <br />1. Term. This Seventh Extension shall be for a term of one (1) year commencing on <br />September 1, 2017 and terminating on August 31, 2018. The Lease may be further extended for up <br />to 20.70 acre-feet of Leased Water per year for further successive one (1) year periods upon mutual <br />written agreement of the Parties executed at least 12 months prior to the last day of the Term. <br />2. Other Lease Terns Unchanged. Except as expressly set forth above, all terms and <br />conditions of the April 8, 2010 Lease Agreement shall remain unchanged, and the terms of said Lease <br />Agreement are hereby incorporated into this Seventh Extension. <br />IN WITNESS WHEREOF the parties hereto have caused this Agreement to be executed the day <br />and year first above written. <br />ATTEST: <br />_ 1. , r_ ■ +A '11 �__� <br />i <br />CITY AND COUNTY OF BROOMFIELD, <br />a Colorado Municipal Corporation and County, <br />By: fL j -�� <br />Charles Ozaki, City County Manager <br />KOO— <br />APPROVE S TO FORM: <br />.04 <br />William A. Tuthill, City and County Attorney <br />PIONEER SAND COMPANY, INC., <br />a Colorado Corporation <br />By: C <br />!ul' Sevier, Corporate Real Estate Manager <br />